1997 Regulations
"Regulations" are the IRS Commissioner's rules, approved by the Secretary of the Treasury, or the Secretary's delegate, for the application and administration of the Internal Revenue laws. The purpose of regulations is to provide taxpayers, their representatives, and Service personnel with rules of general application so they may clearly understand the taxpayer's rights and duties under the law.
For more information about Regulations, see the Guide to Understanding the Differences Among Official IRS Documents
Regulations are in the Adobe Acrobat PDF format.
Internal Revenue Bulletin Summary pages are in HTML format.
| Regulation |
Bulletin |
Date of IRB |
Cross-Ref |
 |
| REG-254394-96(PDF, 25K) |
IRB #1997-14(HTML) |
April 7, 1997 |
T.D. 8713(PDF, 25K) |
| Temporary and proposed regulations under section 42 of the Code relate to low-income housing tax credit federal grants. |
| REG-252936-96(PDF, 30K) |
IRB #1997-51(HTML) |
Dec. 22, 1997 |
T.D. 8737(PDF, 30K) |
| Final, temporary, and proposed regulations under section 7623 of the Code relate to the rewards for information regarding violations of the Internal Revenue laws. |
| REG-252665-96(PDF, 16K) |
IRB #1997-12(HTML) |
March 24, 1997 |
T.D. 8711(PDF, 16K) |
| Final, temporary, and proposed regulations under sections 1060 and 338 of the Code relate to purchase price allocations in taxable asset acquisitions and deemed asset purchases. A public hearing on the proposed regulations will be held on May 22, 1997. |
| REG-252487-96(PDF, 98K) |
IRB #1997-25(HTML) |
June 23, 1997 |
N/A |
| Proposed regulations under section 672 of the Code relate to the application of the grantor trust rules to certain trusts established by foreign persons. A public hearing will be held on August 27, 1997. |
| REG-252233-96(PDF, 38K) |
IRB #1997-9(HTML) |
March 3, 1997 |
N/A |
| Proposed regulations under section 368 of the Code provide certain reorganizations, transfers by the acquiring corporation of target assets or stock to certain controlled corporations, and transfers of target assets to partnerships, will not disqualify the transaction from satisfying the continuity of interest and business enterprise requirements. A public hearing will be held on May 7, 1997. |
| REG-252231-96(PDF, 37K) |
IRB #1997-7(HTML) |
Feb. 18, 1997 |
N/A |
| Proposed regulations under section 368 of the Code provide that the continuity of shareholder interest requirement for corporate reorganizations is satisfied if the acquiring corporation furnishes consideration which represents a proprietary interest in the affairs of the acquiring corporation and such consideration represents a substantial part of the value of the stock or properties transferred. A public hearing will be held on May 7, 1997. |
| REG-251985-96(PDF, 47K) |
IRB #1997-48(HTML) |
Dec. 1, 1997 |
N/A |
| Proposed regulations under section 863 of the Code relate to the source of income from sales of inventory produced in the United States and sold in a U.S. possession or produced in a U.S. possession and sold in the United States. A public hearing will be held on January 29, 1998 |
| REG-251703-96(PDF, 40K) |
IRB #1997-25(HTML) |
June 23, 1997 |
N/A |
| Proposed regulations under section 7701 of the Code provide guidance relating to the definition of a trust as a United States person (domestic trust) or foreign trust. A public hearing will be held on September 16, 1997. |
| REG-249819-96(PDF, 39K) |
IRB #1997-7(HTML) |
Feb. 18, 1997 |
N/A |
| Proposed regulations under sections 354, 355, and 356 of the Code relate to exchanges of stock and securities in certain reorganizations. A public hearing will be held on March 25, 1997. |
| REG-248770-96(PDF, 67K) |
IRB #1997-8(HTML) |
Feb. 24, 1997 |
N/A |
| Proposed regulations under section 6601 of the Code relate to joint returns, property exempt from levy, interest, penalties, offers in compromise, and the awarding of costs and certain fees. |
| REG-247678-96(PDF, 23K) |
IRB #1997-6(HTML) |
Feb. 10, 1997 |
T.D. 8693(PDF, 23K) |
| Temporary and proposed regulations under section 4082 of the Code relate to the application of the diesel fuel excise tax to fuel used in Alaska. |
| REG-246250-96(PDF, 55K) |
IRB #1997-42(HTML) |
Oct. 20, 1997 |
N/A |
| This proposed regulation relates to the public disclosure requirements of section 6104(e) of the Code. A public hearing will be held on February 4, 1998. |
| REG-246018-96(PDF, 30K) |
IRB #1997-8(HTML) |
Feb. 24, 1997 |
N/A |
| Proposed regulations under section 801 of the Code relate to the definition of life insurance reserves. A public hearing will be held on April 17, 1997. |
| REG-243025-96(PDF, 25K) |
IRB #1997-51(HTML) |
Dec. 22, 1997 |
T.D. 8738(PDF, 25K) |
| Temporary and proposed regulations under section 125 of the Code provide guidance on the circumstances under which a cafeteria plan participant may revoke an existing election and make a new election during a period of coverage. |
| REG-242996-96(PDF, 11K) |
IRB #1997-9(HTML) |
March 3, 1997 |
T.D. 8709(PDF, 11K) |
| Final, temporary, and proposed regulations under section 1275 of the Code relate to the federal income tax treatment of inflation-indexed debt instruments. A public hearing will be held on the proposed regulations on April 30, 1997. |
| REG-209839-96(PDF, 53K) |
IRB #1997-8(HTML) |
Feb. 24, 1997 |
N/A |
| Proposed regulations under section 832 of the Code relate to the requirement that insurance companies other than life insurance companies reduce, by 20 percent, their deductions for increases in unearned premiums. A public hearing will be held on April 30, 1997. |
| REG-209837-96(PDF, 18K) |
IRB #1997-23(HTML) |
June 9, 1997 |
T.D. 8719(PDF, 18K) |
| Temporary and proposed regulations under section 446 of the Code relate to the procedure for requesting a change in accounting method and to the standards for granting an extension of time to request a change in accounting method. |
| REG-209834-96(PDF, 23K) |
IRB #1997-4(HTML) |
Jan. 27, 1997 |
N/A |
| Proposed regulations under section 1396 of the Code relate to the period employers may use in computing the empowerment zone employment credit. |
| REG-209830-96(PDF, 17K) |
IRB #1997-15(HTML) |
April 14, 1997 |
T.D. 8714(PDF, 17K) |
| Temporary and proposed regulations under sections 2044 and 2056 of the Code relate to the estate tax marital deduction to conform the Estate Tax Regulations to recent court decisions. A public hearing on the proposed regulations will be held on June 3, 1997. |
| REG-209828-96(PDF, 39K) |
IRB #1997-6(HTML) |
Feb. 10, 1997 |
N/A |
| Proposed regulations under section 468A of the Code relate to requests for revised schedules of ruling amounts for nuclear decommissioning reserve funds. A public hearing will be held on May 13, 1997. |
| REG-209824-96(PDF, 46K) |
IRB #1997-11(HTML) |
March 17, 1997 |
N/A |
| Proposed regulations under section 1402 of the Code relate to the definition of limited partner for self-employment tax purposes. A public hearing will be held on May 21, 1997. |
| REG-209823-96(PDF, 66K) |
IRB #1997-18(HTML) |
May 5, 1997 |
N/A |
| Proposed regulations under sections 664 and 2707 of the Code relate to guidance regarding charitable remainder trusts and transfers of interests in trusts. A public hearing will be held on September 9, 1997. |
| REG-209817-96(PDF, 85K) |
IRB #1997-7(HTML) |
Feb. 18, 1997 |
N/A |
| Proposed regulations under section 7701 of the Code relate to the treatment of certain multiple-party financing transactions in which one party realizes income from leases or similar agreements and another party claims deductions related to that income. A public hearing will be held on April 29, 1997. |
| REG-209785-95(PDF, 18K) |
IRB #1997-18(HTML) |
May 5, 1997 |
T.D. 8715(PDF, 18K) |
| Final, temporary, and proposed regulations under section 274 of the Code relate to the requirement that business expenses for travel, entertainment, gifts, or listed property be substantiated by documentary evidence (such as a receipt). |
| REG-209762-95(PDF, 37K) |
IRB #1997-3(HTML) |
Jan. 21, 1997 |
N/A |
| Proposed regulations under section 1245 of the Code relate to the allocation of depreciation recapture among partners in a partnership. A public hearing will be held on March 27, 1997. |
| REG-209729-94(PDF, 16K) |
IRB #1997-11(HTML) |
March 17, 1997 |
N/A |
| EE-45-94, 1995-1 C.B. 853, relating to the self-employment tax treatment of members of certain limited liability companies, is withdrawn. |
| REG-209709-94(PDF, 130K) |
IRB #1997-13(HTML) |
March 31, 1997 |
N/A |
| Proposed regulations under sections 167 and 197 of the Code relate to the amortization of certain intangible property. A public hearing will be held on May 15, 1997. |
| REG-209672-93(PDF, 17K) |
IRB #1997-6(HTML) |
Feb. 10, 1997 |
N/A |
| Proposed regulations under section 45B of the Code, relating to the credit for employer FICA taxes paid with respect to certain tips received by employees of food or beverage establishments, are withdrawn. |
| REG-209494-90(PDF, 29K) |
IRB #1997-8(HTML) |
Feb. 24, 1997 |
N/A |
| Proposed regulations under section 41 of the Code describe when computer software that is developed by (or for the benefit of) a taxpayer, primarily for the taxpayer's internal use, can qualify for the credit for increasing research activities. A public hearing will be held on May 13, 1997. |
| REG-209332-80(PDF, 79K) |
IRB #1997-14(HTML) |
April 7, 1997 |
N/A |
| Proposed regulations under section 453 of the Code relate to the use of the installment method to report the gain recognized by a shareholder who receives, in exchange for the shareholder's stock, certain installment obligations that are distributed upon complete liquidation of a corporation. |
| REG-209121-89(PDF, 37K) |
IRB #1997-11(HTML) |
March 17, 1997 |
N/A |
| Proposed regulations under section 337 of the Code generally affect a taxable corporation that transfers all or substantially all of its assets to a tax-exempt entity or converts from a taxable corporation to a tax-exempt entity, and generally requires the taxable corporation to recognize gain or loss in such a transaction. A public hearing will be held on May 6, 1997. |
| REG-209040-88(PDF, 64K) |
IRB #1997-7(HTML) |
Feb. 18, 1997 |
N/A |
| Proposed regulations under section 1295 permit certain shareholders to make a special election, in lieu of the election currently provided for under that section, for certain preferred shares of a passive foreign investment company (PFIC). A public hearing will be held on May 8, 1997. |
| REG-208288-90(PDF, 18K) |
IRB #1997-11(HTML) |
March 17, 1997 |
N/A |
| Proposed regulations under section 905 of the Code relate to the substantiation requirements for taxpayers claiming foreign tax credits. |
| REG-208172-91(PDF, 189K) |
IRB #1997-10(HTML) |
March 10, 1997 |
N/A |
| Proposed regulations under sections 108 and 1017 of the Code provide ordering rules for the reduction of bases of property that affect taxpayers who exclude discharge of indebtedness from gross income. A public hearing will be held on April 24, 1997. |
| REG-208151-91(PDF, 37K) |
IRB #1997-38(HTML) |
Sept. 22, 1997 |
T.D. 8729(PDF, 37K) |
| Final, temporary, and proposed regulations relate to the application of section 263A of the Code to property produced in a farming business. A public hearing on the proposed regulations will be held on November 19, 1997. |
| REG-114000-97(PDF, 24K) |
IRB #1997-47(HTML) |
Nov. 24, 1997 |
N/A |
| Proposed regulations under section 1441 of the Code provide guidance regarding the obligation to withhold on interest paid with respect to obligations in the case of the sale of obligations between interest payment dates. A public hearing will be held on January 26, 1998. |
| REG-107872-97(PDF, 23K) |
IRB #1997-47(HTML) |
Nov. 24, 1997 |
N/A |
| Proposed regulations under section 1441 of the Code relate to the submission of Form W-8, Certificate of Foreign Status. |
| REG-107644-97(PDF, 29K) |
IRB #1997-32(HTML) |
Aug. 11, 1997 |
N/A |
| Proposed regulations under section 411 of the Code permit an amendment to a qualified plan that eliminates certain pre-retirement optional forms of benefit. |
| REG-106043-97(PDF, 14K) |
IRB #1997-37(HTML) |
Sept. 15, 1997 |
N/A |
| Proposed regulations under section 401 of the Code relate to the remedial amendment period during which a sponsor of a qualified retirement plan or an employer maintaining a qualified retirement plan can make retroactive amendments to the plan to eliminate certain qualification defects for the entire period. |
| REG-105299-97(PDF, 18K) |
IRB #1997-23(HTML) |
June 9, 1997 |
T.D. 8719(PDF, 18K) |
| Temporary and proposed regulations under section 446 of the Code relate to the procedure for requesting a change in accounting method and to the standards for granting an extension of time to request a change in accounting method. |
| REG-105162-97(PDF, 37K) |
IRB #1997-48(HTML) |
Dec. 1, 1997 |
N/A |
| Proposed regulations under section 7701 of the Code describe how elective changes in entity classification will be treated for Federal tax purposes. A public hearing will be held on February 24, 1998. |
| REG-105160-97(PDF, 23K) |
IRB #1997-37(HTML) |
Sept. 15, 1997 |
N/A |
| The proposed regulations relate to qualified nonrecourse financing under section 465 of the Code. A public hearing will be held on December 10, 1997. |
| REG-104893-97(PDF, 22K) |
IRB #1997-29(HTML) |
July 21, 1997 |
T.D. 8722(PDF, 22K) |
| Temporary and proposed regulations under section 894 of the Code relate to eligibility for benefits under income tax treaties for payments to entities. The regulations set forth rules for determining whether U.S. source payments made to entities are eligible for treaty-reduced tax rates. A public hearing on the proposed regulations will be held on September 24, 1997. |
| REG-103330-97(PDF, 22K) |
IRB #1997-51(HTML) |
Dec. 22, 1997 |
T.D. 8739(PDF, 22K) |
| Final, temporary, and proposed regulations under section 6109 of the Code relate to the IRS Adoption Taxpayer Identification Number. A public hearing on the proposed regulations will be held on March 4, 1998. |
SEARCH:
You can either: Search all IRS Bulletin Documents issued since January 1996, or Search the entire site. For a more focused search, put your search word(s) in quotes.
1997 Document Types | 1997 Weekly IRBs
IRS Bulletins Main | Home
 to download the Adobe Acrobat PDF Reader
|
