Bulletin No. 2005-29 July 18, 2005

ADMINISTRATIVE

Rev. Proc. 2005–41, page 90. This procedure contains revisions to Publication 1239, Speci- fications for Filing Form 8027, Employer’s Annual Information Return of Tip Income and Allocated Tips, Electronically or Mag- netically (revised 6–2005). Rev. Proc. 2000–49 superseded.

Rev. Proc. 2005–43, page 107. This procedure explains how a taxpayer may elect not to treat qualified New York Liberty Zone leasehold improvement property as 5-year property for purposes of section 168. This procedure also excludes a certain change in computing depreciation from the automatic change in method of accounting procedure. Rev. Proc. 2002–9 modified and amplified.

Rev. Proc. 2005–44, page 110. This procedure obsoletes Rev. Procs. that describe the representations that a nonresident alien student, teacher, or researcher at a university must make to claim an exemption from withholding tax on personal services income under the provisions of specific U.S. income tax treaties. Rev. Procs. 87–8, 87–9, and 93–22 obsoleted.

Announcement 2005–49, page 119. This document contains a correction to T.D. 9206, 2005–25 I.R.B. 1283, which provides guidance for the filing of information returns by donees relating to qualified intellectual property contributions.