Internal Revenue Bulletins  

April 22, 1996

Internal Revenue Bulletin No. 1996-17

Links to Official IRS Bulletin Documents listed below are in the Adobe Acrobat PDF Format, and require the appropriate Acrobat Reader to view and/or print.

SPECIAL ANNOUNCEMENT

Announcement 96-32(PDF, 39K)
A public hearing will be held on May 22, 1996, on proposed regulations to implement a provision of the Tax Reform Act of 1984 permitting the reissuance of mortgage credit certificates.

INCOME TAX

Notice 96-25(PDF, 10K)
Electricity produced from certain renewable resources; calendar year 1996 inflation adjustment factor and reference prices. This notice announces the calendar year 1996 inflation adjustment factor and reference prices for the renewable electricity production credit under section 45 of the Code.

T.D. 8660(PDF, 27K)
Final regulations under section 1502 of the Code disallow losses and exclude gain for certain dispositions and other transactions involving stock of the common parent of a consolidated group.

EMPLOYMENT TAX

T.D. 8661(PDF, 28K)
Temporary and proposed regulations under section 6302 of the Code relate to Federal tax deposits by electronic funds transfer. A public hearing on the proposed regulations will be held on July 16, 1996.

ADMINISTRATIVE

Announcement 96-25(PDF, 11K)
Copies of proposed examination guidelines pertaining to multi-employer plans are now available from the Service. In addition, the Service is seeking public comments about these guidelines before they are finalized in the Internal Revenue Manual.

Announcement 96-26(PDF, 18K)
This announcement provides information to assist taxpayers in requesting a refund of the excise tax described in section 4972 of the Code for certain nondeductible contributions that were retroactively exempted from the section 4972 excise tax by the Retirement Protection Act of 1994.

Announcement 96-27(PDF, 9K)
American Flag Defender, Inc., Berlin, MD, no longer qualifies as an organization to which contributions are deductible under section 170 of the Code.

Announcement 96-28(PDF, 17K)
T.D. 8635, 1996-3 I.R.B. 5, relating to nonbank trustees with respect to the adequacy of net worth requirements that must be satisfied in order to be or remain an approved nonbank trustee, is corrected.

Announcement 96-29(PDF, 11K)
T.D. 8637, 1996-4 I.R.B. 29, providing final and temporary rules on backup withholding, statement mailing requirements, and due diligence, is corrected.

Announcement 96-30(PDF, 42K)
DL-1-95, 1996-6 I.R.B. 28, relating to the disclosure of returns and return information in connection with the procurement of property and services for tax administration purposes, is corrected.

Announcement 96-31(PDF, 37K)
EE-35-95, 1996-5 I.R.B. 19, relating to proposed regulations that provide guidance on calculation of an employee's accrued benefit derived from the employee's contributions to a qualified defined pension plan, is corrected.

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