INCOME TAX—Cont. — Internal Revenue Bulletin 2007-39

Insurance companies:

Diversification requirements under section 817 (REG–118719–07) 37, 593 Inevitable future costs as insurance risk (RR 47) 30, 127 Life insurance, reserves for variable life insurance contracts

and required interest under section 807(d)(2) (RR 54) 38, 604 Minimum effectively connected income, foreign insurance

company, guidance regarding computation of amount (RP 58) 37, 585 Treatment of certain nondiversified contracts, qualified pen sion or retirement contracts (RR 58) 37, 562 Interest:

Investment:

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

July 2007 (RR 44) 28, 47 August 2007 (RR 50) 32, 311 September 2007 (RR 57) 36, 531 Rates:

Underpayments and overpayments, quarter beginning:

October 1, 2007 (RR 56) 39, 668 Suspension of interest:

General rules and exceptions (REG–149036–04) 34, 411 Listed transactions (TD 9333) 33, 350 ; (REG–149036–04)

33, 365 Liens, changes to office to which notices of nonjudicial sale and

requests for return of wrongfully levied property must be sent (TD 9344) 36, 535 ; (REG–148951–05) 36, 550 Life-nonlife tacking rule, taxable years of members of consoli dated groups (TD 9342) 35, 451 Listed transaction, loss importation transaction (Notice 57) 29,

87 Losses, deductions for abandoned stock or securities (REG–101001–05) 36, 548 Marginal production rates, 2007 (Notice 65) 34, 386 Nonexempt employees’ trusts, income and employment tax con sequences (RR 48) 30, 129 Partnerships, subpart F income (TD 9326) 31, 242 Payment card transactions, procedure for payment card organi zation to obtain Qualified Payment Card Agent (QPCA) determination (Notice 59) 30, 135 Penalties, transitional relief for the return preparer penalty pro visions under section 6694 (Notice 54) 27, 12 Presidentially declared disaster:

Or combat zone, postponement of certain acts (RP 56) 34, 388 Time for filing return (RR 59) 37, 582 Private foundations, organizations now classified as (Ann 67) 32,

345 Proposed Regulations:

26 CFR 1.42–10, –12, amended; section 42 utility allowance regulations update (REG–128274–03) 33, 356 26 CFR 1.42–18, added; section 42 qualified contract provisions (REG–114084–04) 33, 359 26 CFR 1.61–21, amended; 1.274–9, –10, added; deductions for entertainment use of business aircraft (REG–147171–05) 32, 334