INCOME TAX—Cont. — Internal Revenue Bulletin 2005-44

Taxpayer remedies when the Service fails to suspend interest

as required by section 6404(g) (RP 38) 28, 81 Inventory:

LIFO, price indexes used by department stores for:

May 2005 (RR 45) 30, 123 June 2005 (RR 56) 35, 427 July 2005 (RR 63) 39, 603 August 2005 (RR 69) 44, 852 LIFO recapture by corporations holding LIFO inventory indi rectly (TD 9210) 33, 290 ; correction (Ann 64) 37, 537 Joint return elections, section 6020 documents and waivers (RR

37, 505 Judicial remedy for third person asserting wrongful levy (RR 49)

30, 125 Letter rulings and determination letters:

Areas from which Associates Chief Counsel and Division

Counsel will not issue (RP 61) 37, 507 Issued by Associates Chief Counsel and Division Counsel,

no-rule areas (RP 68) 41, 694 Levied property, return in certain cases (TD 9213) 35, 440 Marginal production rates, 2005 (Notice 55) 32, 265 New York Liberty Zone, election out of section 1400L(c), 5-year

property (RP 43) 29, 107 Nonqualified deferred compensation plans, application of sec tion 409A (REG–158080–04) 43, 786 Obsoleting Rev. Proc. 64-54 and subsequent rulings (RR 43) 29,

88 Optional standard mileage rates, effective September 1, 2005

(Ann 71) 41, 714 Partnerships:

Assumption of partner liabilities (TD 9207); correction (Ann

31, 257 Installment obligations, treatment of property sold (TD 9193);

correction (Ann 62) 36, 495 Requirement to pay withholding tax on effectively connected

U.S. trade or business income allocable to foreign partners (REG–108524–00); correction (Ann 68) 39, 613 ; hearing date change (Ann 74) 42, 764 Penalties, disclosure on reports filed with Securities and Ex change Commission (SEC) (RP 51) 33, 296 Per diem allowances, 2005-2006 (RP 67) 42, 729 Private foundations, organizations now classified as (Ann 46) 27,

63 ; (Ann 58) 33, 319 ; (Ann 60) 35, 455 ; (Ann 65) 38, 587 ; (Ann 67) 40, 678 Procedures for claiming section 482 setoffs (RP 46) 30, 142 Proposed Regulations:

26 CFR 1.162(k)–1, added; 1.404(k)–2, –3, added; dividends paid deduction for stock held in employee stock ownership plan (ESOP) (REG–133578–05) 39, 610 26 CFR 1.263A–1, –2, amended; guidance regarding the simplified service cost method and the simplified production method (REG–121584–05) 37, 523 26 CFR 1.367(a)–1T, amended; 1.482–0, –1, –4, –5, –8, amended; 1.482–7 redesignated as 1.482–7A, and new 1.482–7, added; 1.861–17, amended; 1.6662–6, amended; 301.7701–1, amended; methods to determine taxable

2005–44 I.R.B. x October 31, 2005