INCOME TAX

T.D. 9234, page 329. Final regulations under section 141 of the Code provide rules in regulations section 1.141–13 for the application of the private activity bond tests to bonds issued to refund prior bonds. Section 1.141–13 was previously reserved when the comprehensive private activity bonds were released in 1997. The regulations will generally be effective on the date they are published in the Federal Register.

T.D. 9235, page 338. Final and temporary regulations under section 7701 of the Code make additions to the list of foreign business entities that are always classified as corporations, per se corporations, and, therefore, are not eligible to check the box to change their classification.

REG–107722–00, page 354. Proposed regulations under section 6655 of the Code provide guidance to corporations on the requirements to make estimated tax payments and withdraw proposed regulations under section 6655 that the Service issued in 1984. These regulations reflect changes to the law since 1984 and address abuses that are inherent in the current regulations. A public hearing is scheduled for March 15, 2006.

Notice 2006–1, page 347. Information reporting by organizations that receive contributions of qualified vehicles. This notice provides guidance to donee organizations that receive contributions of qualified vehicles on their reporting obligations under section 170(f)(12)(D) of the Code. It instructs the donee organization on how, where, and when to report to the IRS the information contained in the contemporaneous written acknowledgment

Finding Lists begin on page ii.