ADMINISTRATIVE

T.D. 9425, page 1100. REG–160868–04, page 1115. Temporary and proposed regulations under section 6707A of the Code provide guidance for taxpayers against whom a penalty is assessed and who may request rescission of the penalty from the Commissioner if the violation is with respect to a reportable transaction other than a listed transaction. Notice 2005–11 superseded.

REG–128841–07, page 1124. Proposed regulations under section 147 of the Code provide discreet new rules under the public approval requirement for tax-exempt bonds and also update certain provisions in existing regulations relating to the public approval requirement. A public hearing is scheduled for January 26, 2009.

Rev. Proc. 2008–66, page 1107. Cost-of-living adjustments for 2009. This procedure sets forth the cost-of-living adjustments to certain items for 2009 as required under various provisions of the Code and Service guidance.

November 10, 2008 2008–45 I.R.B.