HIGHLIGHTS OF THIS ISSUE

These synopses are intended only as aids to the reader in identifying the subject matter covered. They may not be relied upon as authoritative interpretations.

EMPLOYEE PLANS

T.D. 9491, page 186. REG–120399–10, page 239. Temporary and proposed regulations under section 9815 of the Code provide guidance concerning the rules for group health plans and health insurance coverage relating to preexisting condition exclusions, lifetime and annual benefit limits, rescissions, and patient protections under the Affordable Care Act.

EXCISE TAX

T.D. 9491, page 186. REG–120399–10, page 239. Temporary and proposed regulations under section 9815 of the Code provide guidance concerning the rules for group health plans and health insurance coverage relating to preexisting condition exclusions, lifetime and annual benefit limits, rescissions, and patient protections under the Affordable Care Act.

TAX CONVENTIONS

Announcement 2010–48, page 234. The United States and Greenland (on behalf of the Government of Denmark pursuant to the Danish Act on the Conclusion of Agreements under International Law by the Government of Greenland) have exchanged diplomatic notes evidencing a reciprocal exemption agreement for income from the international operation of ships or aircraft for taxable years beginning on or after January 1, 2011.

Finding Lists begin on page ii.