SECTION 5. CLARIFICATION OF
Internal Revenue Bulletin 2024-5 · 2026-10-03 edition · updated 2026-10-04 · United States
SECTION 12 OF NOTICE 2023-63 REGARDING OBSOLETION OF SECTION 5 OF REV. PROC. 2000-50
For amounts paid or incurred in taxable years beginning after December 31, 2021, section 5 of Rev. Proc. 2000-50 is removed as obsolete. Section 5 of Rev. Proc. 200050 continues to apply to amounts paid or
incurred in taxable years beginning on or before December 31, 2021.
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