Abbreviations — Internal Revenue Bulletin 2016-11

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Superseded describes a situation where the new ruling does nothing more than restate the substance and situation of a previously published ruling (or rulings).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. 2016–11 i March 14, 2016

Numerical Finding List ¹

Bulletins 2016–1 through 2016–11

Announcements:

2016-1, 2016-3 I.R.B. 283 2016-2, 2016-3 I.R.B. 283 2016-3, 2016-4 I.R.B. 294 2016-4, 2016-6 I.R.B. 313 2016-5, 2016-8 I.R.B. 356 2016-6, 2016-10 I.R.B. 409 2016-7, 2016-8 I.R.B. 356 2016-8, 2016-9 I.R.B. 367 2016-9, 2016-9 I.R.B. 367 2016-10, 2016-9 I.R.B. 367 2016-11, 2016-10 I.R.B. 411

Notices:

2016-1, 2016-2 I.R.B. 265 2016-2, 2016-2 I.R.B. 265 2016-3, 2016-3 I.R.B. 278 2016-4, 2016-3 I.R.B. 279 2016-5, 2016-6 I.R.B. 302 2016-6, 2016-4 I.R.B. 287 2016-7, 2016-5 I.R.B. 296 2016-8, 2016-6 I.R.B. 304 2016-9, 2016-6 I.R.B. 306 2016-10, 2016-6 I.R.B. 307 2016-11, 2016-6 I.R.B. 312 2016-12, 2016-6 I.R.B. 312 2016-13, 2016-7 I.R.B. 314 2016-14, 2016-7 I.R.B. 315 2016-16, 2016-7 I.R.B. 318 2016-17, 2016-9 I.R.B. 358 2016-18, 2016-9 I.R.B. 359 2016-19, 2016-9 I.R.B. 362 2016-20, 2016-9 I.R.B. 362

Proposed Regulations:

REG-118867-10, 2016-10 I.R.B. 411 REG-147310-12, 2016-7 I.R.B. 336 REG-150349-12, 2016-11 I.R.B. 440 REG-138344-13, 2016-4 I.R.B. 294 REG-125761-14, 2016-7 I.R.B. 322 REG-100861-15, 2016-8 I.R.B. 356 REG-129067-15, 2016-10 I.R.B. 420 REG-134122-15, 2016-7 I.R.B. 334 REG-101701-16, 2016-9 I.R.B. 368

Revenue Procedures:

2016-1, 2016-1 I.R.B. 1 2016-2, 2016-1 I.R.B. 102 2016-3, 2016-1 I.R.B. 126 2016-4, 2016-1 I.R.B. 142 2016-5, 2016-1 I.R.B. 188 2016-6, 2016-1 I.R.B. 200 2016-7, 2016-1 I.R.B. 239

Revenue Procedures:—Continued

2016-8, 2016-1 I.R.B. 243 2016-10, 2016-2 I.R.B. 270 2016-11, 2016-2 I.R.B. 274 2016-13, 2016-4 I.R.B. 290 2016-14, 2016-9 I.R.B. 365 2016-15, 2016-11 I.R.B. 435 2016-16, 2016-10 I.R.B. 394 2016-17, 2016-11 I.R.B. 436

Revenue Rulings:

2016-1, 2016-2 I.R.B. 262 2016-2, 2016-4 I.R.B. 284 2016-3, 2016-3 I.R.B. 282 2016-4, 2016-6 I.R.B. 299 2016-5, 2016-8 I.R.B. 344 2016-7, 2016-10 I.R.B. 391 2016-8, 2016-11 I.R.B. 426

Treasury Decisions:

9745, 2016-2 I.R.B. 256 9748, 2016-8 I.R.B. 347 9749, 2016-10 I.R.B. 373 9750, 2016-10 I.R.B. 374 9751, 2016-10 I.R.B. 379 9752, 2016-10 I.R.B. 385 9753, 2016-11 I.R.B. 426 9754, 2016-11 I.R.B. 432

1A cumulative list of all revenue rulings, revenue procedures, Treasury decisions, etc., published in Internal Revenue Bulletins 2015–27 through 2015–52 is in Internal Revenue Bulletin 2015–52, dated December 28, 2015.

March 14, 2016 ii Bulletin No. 2016–11

Finding List of Current Actions on Previously Published Items ¹

Bulletins 2016–1 through 2016–11

Announcements:

2007-21 Modified by Ann. 2016-1, 2016-3 I.R.B. 283

Notices:

2005-50 Modified by Notice 2016-2, 2016-2 I.R.B. 265

2007-59 Revoked by Notice 2016-16, 2016-7 I.R.B. 318

2013-54 Supplemented by Notice 2016-17, 2016-9 I.R.B. 358

2014-79 Superseded by Notice 2016-1, 2016-2 I.R.B. 265

2015-52 Supplemented by Notice 2016-17, 2016-9 I.R.B. 358

2015-87 Supplemented by Notice 2016-17, 2016-9 I.R.B. 358

Revenue Procedures:

2015-1 Superseded by Rev. Proc. 2016-2, 2016-1 I.R.B. 1

2015-2 Superseded by Rev. Proc. 2016-2, 2016-1 I.R.B. 102

2015-3 Superseded by Rev. Proc. 2016-3, 2016-1 I.R.B. 126

2015-5 Superseded by Rev. Proc. 2016-5, 2016-1 I.R.B. 142

2015-7 Superseded by Rev. Proc. 2016-7, 2016-1 I.R.B. 188

2015-8 Superseded by Rev. Proc. 2016-8, 2016-1 I.R.B. 200

Revenue Procedures:—Continued

2015-9 Superseded by Rev. Proc. 2016-5, 2016-1 I.R.B. 239

2015-10 Superseded by Rev. Proc. 2016-10, 2016-2 I.R.B. 270

2015-22 Superseded by Rev. Proc. 2016-8, 2016-01 I.R.B. 243

2015-53 Modified by Rev. Proc. 2016-11, 2016-2 I.R.B. 274

Revenue Rulings:

2005-3 Modified by Rev. Rul. 2016-8, 2016-11 I.R.B. 426

2008-15 Revoked by Rev. Rul. 2016-3, 2016-3 I.R.B. 282

Bulletin No. 2016–11 iii March 14, 2016