Bulletin No. 2018–2 January 8, 2018

ing the amount of their casualty losses for their personal-use residential real property occurring as a result of the 2017 hurricanes.

Rev. Rul. 2018–01, page 275. 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 January 2018. Table 6, however, contains the deemed rate for transfers to new pooled income funds during 2018.

Rev. Rul. 2018–03, page 278. This revenue ruling clarifies that a package of films licensed to customers in the normal course of business may be an item under Treas. Reg. § 1.199–3(d)(1)(i) for determining the domestic production activities deduction under IRC § 199.