Bulletin No. 2018–41 October 9, 2018

medical leave. The credit is effective only for wages paid in taxable years of the employer beginning after December 31, 2017, and before January 1, 2020. The notice provides guidance on issues arising under section 45S, including the requirements an employer must satisfy to be an eligible employer, the types of leave that are family and medical leave under section 45S, the minimum paid leave requirements, the calculation of the credit, and the impact of state-mandated leave on the availability of the credit.

REG–104397–18, page 558. These proposed regulations provide guidance regarding the additional first year depreciation deduction under section 168(k) and reflect changes made by the Tax Cuts and Jobs Act.

REG–130244–17, page 591. This document proposes removing final regulations setting forth minimum documentation requirements that ordinarily must be satisfied in order for certain related-party interests in a corporation to be treated as indebtedness for federal tax purposes (Documentation Regulations). This notice of proposed rulemaking also proposes conforming amendments to other final regulations to reflect the proposed removal of the Documentation Regulations.