Bulletin No. 2007-13 — Internal Revenue Bulletin 2007-13

EMPLOYEE PLANS

Notice 2007–27, page 814. Weighted average interest rate update; corporate bond indices; 30-year Treasury securities. The weighted average interest rate for March 2007 and the resulting permissible range of interest rates used to calculate current liability and to determine the required contribution are set forth.

EXEMPT ORGANIZATIONS

Announcement 2007–33, page 841. A list is provided of organizations now classified as private foundations.

Announcement 2007–34, page 842. The IRS has revoked its determination that American Education Foundation International of San Francisco, CA, and Ladder 12 Firefighters Fund, Inc., of New York, NY, qualify as organizations described in sections 501(c)(3) and 170(c)(2) of the Code.

ADMINISTRATIVE

Rev. Proc. 2007–26, page 814. This procedure provides issuers of qualified mortgage bonds (QMBs) and qualified mortgage credit certificates (MCCs) with average area purchase price safe harbors for statistical areas in the United States and with a nationwide average purchase price for residences in the United States for purposes of the QMB rules under section 143 of the Code and the MCC rules under section 25. Rev. Proc. 2006–17 obsoleted in part.

Actions Relating to Court Decisions is on the page following the Introduction. Finding Lists begin on page ii. Index for January through March begins on page v.