Abbreviations — Internal Revenue Bulletin 2015-40

The following abbreviations in current use and formerly used will appear in ma- terial published in the Bulletin.

A —Individual. Acq. —Acquiescence. B —Individual. BE —Beneficiary. BK —Bank. B.T.A. —Board of Tax Appeals. C —Individual. C.B. —Cumulative Bulletin. CFR —Code of Federal Regulations. CI —City. COOP —Cooperative. Ct.D. —Court Decision. CY —County. D —Decedent. DC —Dummy Corporation. DE —Donee. Del. Order —Delegation Order. DISC —Domestic International Sales Corporation. DR —Donor. E —Estate. EE —Employee. E.O. —Executive Order. ER —Employer.

and B, the prior ruling is modified because it corrects a published position. (Compare with amplified and clarified, above).

Obsoleted describes a previously published ruling that is not considered determinative with respect to future transactions. This term is most commonly used in a ruling that lists previously published rulings that are obsoleted because of changes in laws or regulations. A ruling may also be obsoleted because the substance has been included in regulations subsequently adopted.

Revoked describes situations where the position in the previously published ruling is not correct and the correct position is being stated in a new ruling.

Superseded describes a situation where the new ruling does nothing more than restate the substance and situation of a previously published ruling (or rulings). Thus, the term is used to republish under the 1986 Code and regulations the same position published under the 1939 Code and regulations. The term is also used when it is desired to republish in a single ruling a series of situations, names, etc., that were previously published over a period of time in separate rulings. If the new ruling does more than restate the sub

ERISA —Employee Retirement Income Security Act. EX —Executor. F —Fiduciary. FC —Foreign Country. FICA —Federal Insurance Contributions Act. FISC —Foreign International Sales Company. FPH —Foreign Personal Holding Company. F.R. —Federal Register. FUTA —Federal Unemployment Tax Act. FX —Foreign corporation. G.C.M. —Chief Counsel’s Memorandum. GE —Grantee. GP —General Partner. GR —Grantor. IC —Insurance Company. I.R.B. —Internal Revenue Bulletin. LE —Lessee. LP —Limited Partner. LR —Lessor. M —Minor. Nonacq. —Nonacquiescence. O —Organization. P —Parent Corporation. PHC —Personal Holding Company. PO —Possession of the U.S. PR —Partner. PRS —Partnership.

stance of a prior ruling, a combination of terms is used. For example, modified and superseded describes a situation where the substance of a previously published ruling is being changed in part and is continued without change in part and it is desired to restate the valid portion of the previously published ruling in a new ruling that is self contained. In this case, the previously published ruling is first modified and then, as modified, is superseded.

Supplemented is used in situations in which a list, such as a list of the names of countries, is published in a ruling and that list is expanded by adding further names in subsequent rulings. After the original ruling has been supplemented several times, a new ruling may be published that includes the list in the original ruling and the additions, and supersedes all prior rulings in the series.

Suspended is used in rare situations to show that the previous published rulings will not be applied pending some future action such as the issuance of new or amended regulations, the outcome of cases in litigation, or the outcome of a Service study.

PTE —Prohibited Transaction Exemption. Pub. L. —Public Law. REIT —Real Estate Investment Trust. Rev. Proc. —Revenue Procedure. Rev. Rul. —Revenue Ruling. S —Subsidiary. S.P.R. —Statement of Procedural Rules. Stat. —Statutes at Large. T —Target Corporation. T.C. —Tax Court. T.D. —Treasury Decision. TFE —Transferee. TFR —Transferor. T.I.R. —Technical Information Release. TP —Taxpayer. TR —Trust. TT —Trustee. U.S.C. —United States Code. X —Corporation. Y —Corporation. Z —Corporation.

Bulletin No. 2015–40 i October 5, 2015

Numerical Finding List ¹

Bulletins 2015–27 through 2015–40

Announcements:

2015-17, 2015-28 I.R.B. 67 2015-18, 2015-33 I.R.B. 198 2015-19, 2015-32 I.R.B. 157 2015-20, 2015-38 I.R.B. 375 2015-21, 2015-34 I.R.B. 220 2015-22, 2015-35 I.R.B. 288 2015-23, 2015-36 I.R.B. 311 2015-24, 2015-36 I.R.B. 313 2015-25, 2015-39 I.R.B. 412

Notices:

2015-43, 2015-29 I.R.B. 73 2015-46, 2015-28 I.R.B. 64 2015-47, 2015-30 I.R.B. 76 2015-48, 2015-30 I.R.B. 77 2015-49, 2015-30 I.R.B. 79 2015-50, 2015-30 I.R.B. 81 2015-51, 2015-31 I.R.B. 133 2015-52, 2015-35 I.R.B. 227 2015-53, 2015-33 I.R.B. 190 2015-54, 2015-34 I.R.B. 210 2015-55, 2015-34 I.R.B. 217 2015-56, 2015-35 I.R.B. 235 2015-57, 2015-36 I.R.B. 294 2015-58, 2015-37 I.R.B. 322 2015-59, 2015-40 I.R.B. 459 2015-61, 2015-39 I.R.B. 408 2015-62, 2015-39 I.R.B. 411 2015-63, 2015-40 I.R.B. 461 2015-64, 2015-40 I.R.B. 464 2015-65, 2015-40 I.R.B. 466

Proposed Regulations:

REG-136459-09, 2015-37 I.R.B. 332 REG-109370-10, 2015-33 I.R.B. 198 REG-112997-10, 2015-39 I.R.B. 422 REG-103033-11, 2015-37 I.R.B. 325 REG-109813-11, 2015-37 I.R.B. 330 REG-139483-13, 2015-40 I.R.B. 475 REG-115452-14, 2015-32 I.R.B. 158 REG-132075-14, 2015-35 I.R.B. 288 REG-138526-14, 2015-28 I.R.B. 67 REG-143800-14, 2015-37 I.R.B. 347 REG-102648-15, 2015-31 I.R.B. 134 REG-102837-15, 2015-27 I.R.B. 43 REG-123640-15, 2015-37 I.R.B. 350

Revenue Procedures:

2015-34, 2015-27 I.R.B. 4 2015-36, 2015-27 I.R.B. 20 2015-38, 2015-36 I.R.B. 295 2015-39, 2015-33 I.R.B. 195

Revenue Procedures:—Continued

2015-40, 2015-35 I.R.B. 236 2015-41, 2015-35 I.R.B. 263 2015-42, 2015-36 I.R.B. 310 2015-43, 2015-40 I.R.B. 467 2015-44, 2015-38 I.R.B. 374 2015-45, 2015-39 I.R.B. 412 2015-46, 2015-39 I.R.B. 414 2015-47, 2015-39 I.R.B. 419 2015-48, 2015-40 I.R.B. 469

Revenue Rulings:

2015-15, 2015-27 I.R.B. 1 2015-16, 2015-31 I.R.B. 130 2015-17, 2015-39 I.R.B. 358 2015-18, 2015-34 I.R.B. 209 2015-19, 2015-36 I.R.B. 291 2015-20, 2015-38 I.R.B. 373 2015-21, 2015-40 I.R.B. 447

Treasury Decisions:

9723, 2015-31 I.R.B. 84 9726, 2015-31 I.R.B. 98 9727, 2015-32 I.R.B. 154 9728, 2015-33 I.R.B. 169 9729, 2015-35 I.R.B. 221 9730, 2015-35 I.R.B. 223 9731, 2015-37 I.R.B. 314 9732, 2015-39 I.R.B. 371 9735, 2015-37 I.R.B. 316 9736, 2015-39 I.R.B. 402 9737, 2015-40 I.R.B. 449 9738, 2015-40 I.R.B. 453

1A cumulative list of all revenue rulings, revenue procedures, Treasury decisions, etc., published in Internal Revenue Bulletins 2015–01 through 2015–26 is in Internal Revenue Bulletin 2015–26, dated June 29, 2015.

October 5, 2015 ii Bulletin No. 2015–40

Finding List of Current Actions on Previously Published Items ¹

Bulletins 2015–27 through 2015–40

Notices:

2014-4 Modified by Notice 2015-51, 2015-31 I.R.B. 133

Proposed Regulations:

2009-57 Obsoleted by REG-112997-10 2015-39 I.R.B. 422

Revenue Procedures:

1992-75 Clarified by Rev. Proc. 2015-40, 2015-35 I.R.B. 236

2003-40 Modified by Rev. Proc. 2015-40, 2015-35 I.R.B. 236

2003-78 Modified by Rev. Proc. 2015-46, 2015-39 I.R.B. 414

2006-9 Modified by Rev. Proc. 2015-41, 2015-35 I.R.B. 263

2006-9 Superseded by Rev. Proc. 2015-41, 2015-35 I.R.B. 263

2006-54 Modified by Rev. Proc. 2015-40, 2015-35 I.R.B. 236

2006-54 Superseded by Rev. Proc. 2015-40, 2015-35 I.R.B. 236

2008-31 Modified by Rev. Proc. 2015-41, 2015-35 I.R.B. 263

2008-31 Superseded by Rev. Proc. 2015-41, 2015-35 I.R.B. 263

2011-49 Modified by Rev. Proc. 2015-36, 2015-27 I.R.B. 20

2011-49 Superseded by Rev. Proc. 2015-36, 2015-27 I.R.B. 20

Revenue Procedures:—Continued

2015-14 Modified by Rev. Proc. 2015-39, 2015-33 I.R.B. 195

2015-40 Amplified by Rev. Proc. 2015-41, 2015-35 I.R.B. 263

2015-41 Amplified by Rev. Proc. 2015-40, 2015-35 I.R.B. 236

Bulletin No. 2015–40 iii October 5, 2015