Bulletin No. 2016–14 April 4, 2016

Rev. Rul. 2016–09, page 530. Federal rates; adjusted federal rates; adjusted federal longterm rate and the long-term exempt rate. For purposes of sections 382, 642, 1274, 1288, and other sections of the Code, tables set forth the rates for April 2016.

Rev. Proc. 2016–21, page 533. Guidance is provided to individuals who fail to meet the eligibility requirements of section 911(d)(1) of the Internal Revenue Code because adverse conditions in a foreign country preclude the individual from meeting those requirements. Revenue Procedure 2016–21 provides a country for tax year 2015 and the date that country is subject to the section 911(d)(4) waiver.