Censure Issued by Consent

The following individuals have consented to the issuance of a Censure:

Under Title 31, Code of Federal Regulations, Part 10, in lieu of a proceeding being instituted or continued, an attorney, certified public accountant, enrolled agent,

or enrolled actuary, may offer his or her consent to the issuance of a censure. Censure is a public reprimand.

Name Address Designation Date of Censure

Pugno, Thomas Rockwood, MI Enrolled Agent June 29, 2005

Barrett, Richard Tyler, TX CPA August 1, 2005

Kelly, Michael G. Odessa, TX Attorney August 1, 2005

Volstad, Paul S. Plymouth, MN CPA August 18, 2005

Quackenbush, Gary A. San Diego, CA Attorney September 2, 2005

Flores, Fred A. Laredo, TX CPA September 2, 2005

Velasquez, Felix Laredo, TX CPA September 2, 2005

November 7, 2005 940 2005–45 I.R.B.

Carryforward of Credit From Form 8884

Announcement 2005–79

Form 8884, New York Liberty Zone Business Employee Credit, is obsolete for tax years beginning after December 31, 2004. As a result, any carryforward of this credit to tax years beginning after 2004 will be reported on Form 8835, Renew- able Electricity, Refined Coal, and Indian Coal Production Credit . The credit carryforward to 2005 is the excess of line 10 of the 2004 Form 8884 over line 23 of that form, to the extent not used in carrying back the credit. For tax years beginning in 2005, the credit carryforward is reported on Form 8835, Section B, line 28. See the 2005 Form 8835 for details on how to report this carryforward.

IRS and The George Washington University Law School To Sponsor Institute on International Tax Issues

Announcement 2005–81

The Internal Revenue Service announces the Eighteenth Annual Institute on Current Issues in International Taxation, jointly sponsored by the Internal Revenue Service and The George Washington University Law School, to be held on December 8 and 9, 2005, at the J.W. Marriott Hotel in Washington, DC. Registration is currently underway for the Institute, which is intended for international tax professionals.

The program will present a unique opportunity for top IRS and Treasury officials and tax experts, and leading private sector specialists, to address breaking issues and present key perspectives on new developments. The first day will feature sessions on the following: