INCOME TAX—Cont. — Internal Revenue Bulletin 2006-17

New and additional rules for electronic consent (REG–137243–02) 3, 317 Employer-provided vehicles, maximum values for which the

special valuation rules of regulations sections 1.61–21(d) and (e) may be used (RP 15) 5, 387 Entity classification, dually chartered entity, clarification of def initions (TD 9246) 9, 534 Forms:

8609 revision, 8609-A replaces Schedule A (Form 8609) (Ann 2) 2, 300 Frivolous tax returns, tax avoidance:

All individuals are subject to federal income tax (RR 18) 15,

743 Attempts to escape taxation by attributing income to pur ported trust (RR 19) 15, 749 Claim of tax exempt status based on an unspecified “Native

American Treaty” (RR 20) 15, 746 Common frivolous arguments and schemes (Notice 31) 15,

751 Insertion of phrase “nunc pro tunc” on tax return (RR 17) 15,

748 Paperwork Reduction Act does not relieve taxpayers of the

duty to file a federal income tax return (RR 21) 15, 745 Guidance Priority List, recommendations for 2006–2007 (Notice

15, 756 Guidance regarding reporting for widely held fixed investment

trusts (WHFITs) (Notice 29) 12, 644 Individual Retirement Accounts (IRAs), bankruptcy, right to re ceive payments (CD 2081) 13, 656 Information reporting by organizations that receive charitable

contributions of certain motor vehicles, boats, and airplanes (Notice 1) 4, 347 Insurance companies:

Deemed sale or acquisition of an insurance company’s assets

(TD 9257) 17, 821 ; (REG–146384–05) 17, 843 Tentative recomputed differential earnings rate for 2004 (No tice 18) 8, 502 Interest:

Investment:

Federal short-term, mid-term, and long-term rates for:

January 2006 (RR 4) 2, 264 February 2006 (RR 7) 6, 399 March 2006 (RR 10) 10, 557 April 2006 (RR 22) 14, 687 Rates:

Underpayments and overpayments, quarter beginning:

April 1, 2006 (RR 12) 12, 637 Inventory:

Heavy equipment dealers, replacement cost method of ac counting (RP 14) 4, 350 LIFO, price indexes used by department stores for:

November 2005 (RR 6) 5, 381 December 2005 (RR 8) 9, 520 January 2006 (RR 15) 13, 661 February 2006 (RR 23) 17, 839

April 24, 2006 viii 2006–17 I.R.B.