INCOME TAX—Cont.

Safe harbor for partnerships allocating wind energy produc tion credits (RP 65) 45, 967 Section 1045 application to partnerships (TD 9353) 40, 721 ;

correction (Ann 103) 44, 923 Subpart F income (TD 9326) 31, 242 Passive foreign investment companies (PFICs), purging elec tions (TD 9360) 43, 860 Patented transactions (REG–129916–07) 43, 891 Payment card transactions, procedure for payment card organi zation to obtain Qualified Payment Card Agent (QPCA) determination (Notice 59) 30, 135 Per diem allowances (RP 63) 42, 809 Penalties, transitional relief for the return preparer penalty pro visions under section 6694 (Notice 54) 27, 12 Practice before the Internal Revenue Service (Circular 230):

General standards (TD 9359) 45, 931 Standards with respect to tax returns (REG–138637–07) 45,

977 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 ; (Ann 82) 40, 749 ; (Ann 99) 43, 896 ; (Ann 108) 47, 1044 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 26 CFR 1.67–4, added; section 67 limitations on estates or trusts (REG–128224–06) 36, 551 ; change in hearing location (Ann 92) 42, 857 ; correction (Ann 95) 43, 894 26 CFR 1.125–0, –1, –2, –5, –6, –7, added; employee benefits – cafeteria plans (REG–142695–05) 39, 681 ; change in hearing location (Ann 91) 42, 857 26 CFR 1.148–0, –3, –4, –5, amended; 1.148–8, –11, revised; arbitrage guidance for tax-exempt bonds (REG–106143–07) 43, 881 26 CFR 1.165–5, amended; losses for abandoned stock or securities (REG–101001–05) 36, 548 26 CFR 1.199–3, –7, –8, amended; qualified films under section 199 (REG–103842–07) 28, 79 ; correction (Ann 77) 38, 662 26 CFR 1.382–7, added; built-in gains and losses under section 382(h) (REG–144540–06) 31, 296 26 CFR 1.704–3, –4, amended; 1.737–1(c)(1), amended; 1.737–2, –5, amended; partner’s distributive share (REG–143397–05) 41, 790 26 CFR 1.817–5, amended; diversification requirements for variable annuity, endowment, and life insurance contracts (REG–118719–07) 37, 593 26 CFR 1.861–4, amended; compensation for labor or personal services, artists and athletes (REG–114125–07) 46, 1012

2007–48 I.R.B. xi November 26, 2007