Bulletin No. 2014–6 — Internal Revenue Bulletin 2014-6

interests in the trust to the extent that basis consists of a share of adjusted uniform basis. The NPRM provides that a taxable beneficiary’s assignable share of uniform basis upon the sale of exchange of the taxable beneficiary’s term interest does not include the charitable remainder trust’s undistributed net capital gains or net ordinary income. Comments requested by April 17, 2014.

REG–144468–05, page 474. The proposed regulations provide guidance on certain provisions of the American Jobs Creation Act of 2004 and conform the regulations to statutory changes in the Taxpayer Relief Act of 1997. The proposed regulations provide guidance on the contribution of built-in loss property to a partnership as well as mandatory basis adjustment provisions where a substantial built-in loss or substantial basis reduction exists. The proposed regulations also modify the basis allocation rules to prevent certain unintended consequences of the current basis allocation rules for substituted basis transactions. Finally, the proposed regulations provide additional guidance on allocations resulting from revaluations of partnership property. Submit electronic or written comments by April 16, 2014.

Announcement 2014–05, page 507. Partners in Charity, Inc. of West Dundee, IL

Announcement 2014–06, page 508. Christian Credit Outreach, Inc. of Franklin, OH

Announcement 2014–07, page 508. The Hope and Dreams Foundation, of Palo Alto, CA

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Announcement 2014–08, page 508. First Step, Inc. of Manahawkin, NJ

Announcement 2014–09, page 508. Congressional District Programs, of Falls Church, VA

Announcement 2014–10, page 508. Capital Gymnastics, Inc. of Springfield, VA

Announcement 2014–11, page 508. This announcement contains the Deletions From Cumulative List of Organizations Contributions to Which are Deductible Under Section as decribed in sections 501(c)(3) and 170(c)(2) of the Code.

Announcement 2014–12, page 509. Life Extension Foundation, Inc. of FT. Lauderdale, FL.