SECTION 2. CHANGES

DOMESTIC ASSET/LIABILITY PERCENTAGES FOR 2011. The Secretary determines the domestic asset/liability percentage separately for life insurance companies and property and liability insurance companies. For the first taxable year beginning after December 31, 2010, the relevant domestic asset/liability percentages are:

166.1 percent for foreign life insurance companies, and

189.6 percent for foreign property and liability insurance companies.

.02 DOMESTIC INVESTMENT YIELDS FOR 2011. The Secretary is required to prescribe separate domestic investment yields for foreign life insurance

October 1, 2012 424 2012–40 I.R.B.

vestment yields provided in Rev. Proc. 2011–45 may be used to compute the minimum effectively connected net investment income for such installment. For further guidance in computing estimated tax, see Notice 89–96.