ADMINISTRATIVE

Notice 2007–41, page 1287. The Department of Treasury and the Service invite public comments on recommendations for items that should be included on the 2007–2008 Guidance Priority List. Taxpayers may submit recommendations for guidance at any time during the year. Recommendations submitted by May 31, 2007, will be reviewed for possible inclusion on the original 2007–2008 Guidance Priority List. Recommendations received after May 31, 2007, will be reviewed for inclusion in the next periodic update.

Announcement 2007–49, page 1300. This document contains corrections to final regulations (T.D. 9315, 2007–15 I.R.B. 891) that address various dual consolidated loss issues, including exceptions to the general prohibition against using a dual consolidated loss to reduce the taxable income of any other member of the affiliated group.

2007–21 I.R.B. May 21, 2007