Bulletin No. 2005-39 September 26, 2005

Notice 2005–65, page 607. The Department of Homeland Security issued a temporary waiver of the Jones Act as a result of Hurricane Katrina. The waiver permits foreign corporations to operate ships in the U.S. domestic trade to transport petroleum and refined petroleum products between U.S. ports for a limited period. The notice provides that the IRS will not challenge certain positions taken by foreign corporations operating ships pursuant to the waiver and by ships’ nonresident alien crewmembers.

Announcement 2005–66, page 613. This announcement advises donee organizations of the release of new Form 1098–C, Contributions of Motor Vehicles, Boats, and Airplanes . The form is used by donee organizations to file with the IRS to satisfy the reporting requirements of new section 170(f)(12) of the Code. The form may also be used to furnish the donor of a qualified vehicle with a contemporaneous written acknowledgment.