INCOME TAX

Ct. D. 2082, page 697. Sale of seized real property by IRS; federal tax delin- quency. The Supreme Court holds that the national interest in providing a federal forum for federal tax litigation is sufficiently substantial to support the exercise of federal-question jurisdiction over the disputed issue on removal. Grable & Sons Metal Products, Inc. v. Darue Engineering & Manufacturing .

Rev. Rul. 2006–16, page 694. Joint and several liability; relief under section 6015. This ruling discusses the issue of whether a taxpayer is precluded from raising a request for relief from joint and several liability under section 6015 by virtue of a previous Chapter 7 bankruptcy case in which the Service filed a proof of claim, but the bankruptcy court did not make an actual determination of tax liability.

Rev. Rul. 2006–22, page 687. Federal rates; adjusted federal rates; adjusted federal long-term rate and the long-term exempt rate. For purposes of sections 382, 642, 1274, 1288, and other sections of the Code, tables set forth the rates for April 2006.

T.D. 9245, page 696. Final regulations under section 6103(j) of the Code incorporate and clarify the phrase “return information reflected on returns” in conformance with the terms of section 6103(j)(5), which provides for limited disclosures of returns and return information in connection with the census of agriculture.

Announcements of Disbarments and Suspensions begin on page 729. Finding Lists begin on page ii.