INCOME TAX—Cont. — Internal Revenue Bulletin 2007-52

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 Proration of increase in policy values of life insurance con tracts under the subchapter L proration rules (RP 61) 40, 747 Suspension of Rev. Rul. 2007–54 (RR 61) 42, 799 Treatment of certain nondiversified contracts, qualified pen sion or retirement contracts (RR 58) 37, 562 Interest:

Accruals, federal income taxes (CD 2084) 47, 1032 Disallowed under section 163(j), proposed Form 8926 (Ann 114) 50, 1176 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 October 2007 (RR 63) 41, 778 November 2007 (RR 66) 45, 956 December 2007 (RR 70) 50, 1158 Rates:

Underpayments and overpayments, quarter beginning:

October 1, 2007 (RR 56) 39, 668 January 1, 2008 (RR 68) 52, 1236 Suspension of interest:

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

33, 365 Involuntary conversions, livestock sold on account of drought,

extension of replacement period, list of affected counties (Notice 80) 43, 867 Levy, third party property, wrongful levy action (CD 2083) 46,

986 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 ; correction (Ann 93) 42, 858 ; (REG–148951–05) 36, 550 ; correction (Ann 94) 42, 858 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 Modifications of subprime mortgage loans held by certain secu ritization vehicles (RP 72) 52, 1257 Nonexempt employees’ trusts, income and employment tax con sequences (RR 48) 30, 129 Nonqualified deferred compensation plans:

Extension of transition relief (Notice 86) 46, 990 Transition relief and additional guidance on the application of

section 409A (Notice 78) 41, 780

2007–52 I.R.B. xi December 26, 2007