Bulletin No. 2010-27 July 6, 2010

EXCISE TAX

T.D. 9486, page 3. REG–112841–10, page 41. Final, temporary, and proposed regulations provide guidance on section 5000B of the Code– the indoor tanning services excise tax imposed by the Patient Protection and Affordable Care Act. The regulations affect persons that use, provide, or pay for indoor tanning services.

ADMINISTRATIVE

Rev. Proc. 2010–25, page 16. This procedure provides issuers of qualified mortgage bonds (QMBs) and qualified mortgage credit certificates (MCCs) with average area purchase price safe harbors for statistical areas in the United States and with a nationwide average purchase price for residences in the United States for purposes of the QMB rules under section 143 of the Code and the MCC rules under section 25. Rev. Proc. 2009–18 obsoleted in part.