INCOME TAX — Internal Revenue Bulletin 2008-52

Accounting methods:

Automatic changes in methods of accounting (RP 52) 36, 587 Consent procedures, changes in method of accounting (Ann

38, 748 Rolling average inventory (RP 43) 30, 186 Acquisitions, application of section 382 in the case of certain ac quisitions made pursuant to the Housing and Economic Recovery Act of 2008 (Notice 76) 39, 768 Annuities, effective dates and other issues under employee ben efit provisions of Tax Reform Act of 1984, correction to TD 8073 (Ann 99) 44, 1089 Applicable percentage under section 3002(a)(1) of the Housing

Assistance Tax Act of 2008 (Notice 106) 49, 1239 Balanced system for measuring organizational and employee

performance (TD 9426) 46, 1153 Base period T-Bill rate, 2008 (RR 51) 47, 1171 Bonds:

Election involving repeal of bonding requirement under sec tion 42(j)(6) (RP 60) 43, 1006 Expanded temporary rule allowing governmental issuers to

purchase their own tax-exempt bonds (Notice 88) 42, 933 Midwestern and Hurricane Ike disaster areas (Notice 109) 50,

1282 Procedures for requesting a refund of arbitrage rebate and sim ilar payments on tax-exempt bonds (RP 37) 29, 137 Solicitation of applications from qualified issuers for alloca tion of qualified forestry conservation bonds (QFCBs) limitation and application requirements (Notice 70) 36, 575 Tax-exempt bonds:

Federal guarantee, money market funds (Notice 81) 41,

852 Volume cap, mortgage credit certificates (Notice 79) 40,

815 Bonus depreciation for the Kansas disaster area (Notice 67) 32,

307 Capital costs incurred to comply with EPA sulfur regulations (TD

32, 280 ; (REG–143453–05) 32, 310 ; hearing cancelled (Ann 96) 43, 1010 Certain financing commitments and applicable high yield dis count obligations (RP 51) 35, 562 Change to office to which notices of nonjudicial sale and re quests for return of wrongfully levied property must be sent (TD 9410) 34, 414 Charitable contributions:

Cash and noncash, substantiation and reporting requirements

under section 170 (REG–140029–07) 40, 828 ; hearing scheduled (Ann 122) 51, 1351 Computation of deduction for inventory contributions (Notice

43, 1000 Charitable lead unitrust (CLUT):

Inter vivos, sample forms (RP 45) 30, 224 Testamentary, sample form (RP 46) 30, 238 Charitable remainder trusts (CRTs), division into two or more

separate and equal CRTs (RR 41) 30, 170 Child of parents who are divorced, separated or living apart as

the dependent of both parents (RP 48) 36, 586

December 29, 2008 ix 2008–52 I.R.B.