1998 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-251698-96(PDF, 68K) |
IRB #1998-20(HTML) |
May 18, 1998 |
N/A |
| Proposed regulations under sections 1361 and 1362 of the Code interpret the rules permitting an S corporation to own 80 percent or more of the stock of a C corporation, and to elect to treat a wholly owned subsidiary as a qualified subchapter S subsidiary (QSSS). |
| REG-251502-96(PDF, 24K) |
IRB #1998-9(HTML) |
March 2, 1998 |
N/A |
| Proposed regulations under section 7433 of the Code relate to civil causes of action for damages caused by unlawful collection actions of officers and employees of the Internal Revenue Service. |
| REG-246256-96(PDF, 135K) |
IRB #1998-34(HTML) |
Aug. 24, 1998 |
N/A |
| Proposed regulations under section 4958 of the Code relate to the excise taxes on excess benefit transactions. |
| REG-243025-96(PDF, 16K) |
IRB #1998-18(HTML) |
May 4, 1998 |
N/A |
| Proposed regulations would 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. A public hearing will be held on Tuesday, May 5,1998. |
| REG-209813-96(PDF, 60K) |
IRB #1998-35(HTML) |
Aug. 31, 1998 |
N/A |
| Proposed regulations under section 671 of the Code define widely held fixed investment trusts, clarify the reporting obligations of the trustees of these trusts and the middlemen connected with these trusts, and provide for he communication of necessary tax information to beneficial owners of trust interests. A public hearing on the proposed regulations will be held on November 5, 1998. |
| REG-209807-95(PDF, 23K) |
IRB #1998-8(HTML) |
Feb. 23, 1998 |
REG-209484-87(PDF, 23K) |
| Proposed regulations under sections 3121(v)(2) and 3306(r)(2) of the Code relate to when amounts deferred under or paid from certain nonqualified deferred compensation plans are taken into account as "wages" for purposes of the taxes imposed by FICA and FUTA. |
| REG-209769-95(PDF, 30K) |
IRB #1998-41(HTML) |
Oct. 13, 1998 |
N/A |
| Proposed regulations under section 3221 of the Code provide guidance to employers covered by the Railroad Retirement Tax Act. A public hearing will be held on January 20, 1999. |
| REG-209682-94(PDF, 109K) |
IRB #1998-17(HTML) |
April 27, 1998 |
N/A |
| Proposed regulations under sections 743, 755, and 1017 of the Code provide guidance to partnerships and their partners concerning the optional adjustments to the basis of partnership property, the allocation of basis adjustments among partnership assets, and the computation of a partner's share of the adjusted basis of depreciable partnership property. |
| REG-209485-86(PDF, 36K) |
IRB #1998-11(HTML) |
March 16, 1998 |
N/A |
| Proposed regulations under section 4980B of the Code provide guidance on certain changes made by the Health Insurance Portability and Accountability Act of 1996, the Omnibus Budget Reconciliation Act of 1989, and the Technical and Miscellaneous Revenue Act of 1988 relating to the continuation coverage requirements applicable to group health plans. |
| REG-209484-87(PDF, 23K) |
IRB #1998-8(HTML) |
Feb. 23, 1998 |
N/A |
| Proposed regulations under sections 3121(v)(2) and 3306(r)(2) of the Code relate to when amounts deferred under or paid from certain nonqualified deferred compensation plans are taken into account as "wages" for purposes of the taxes imposed by FICA and FUTA. |
| REG-209476-82(PDF, 35K) |
IRB #1998-8(HTML) |
Feb. 23, 1998 |
N/A |
| Proposed regulations under section 72(p) of the Code relate to loans made from a qualified employer plan to plan participants or beneficiaries. |
| REG-209463-82(PDF, 31K) |
IRB #1998-4(HTML) |
Jan. 26, 1998 |
N/A |
| This proposed regulation contains amendments to EE-113-82, 1987-2 C.B. 881, under section 401 (a)(9) of the Code that makes changes to the rules that apply if a trust is named as a beneficiary of an employee's retirement benefit under a qualified plan. |
| REG-209446-82(PDF, 74K) |
IRB #1998-36(HTML) |
Sept. 8, 1998 |
N/A |
| Proposed regulations under section 1366 of the Code relate to the pass through of items of an S corporation to its shareholders, the adjustments to the basis of stock of the shareholders, and the treatment of distributions by an S corporation. A public hearing will be held on December 15, 1998. |
| REG-209373-81(PDF, 25K) |
IRB #1998-14(HTML) |
April 6, 1998 |
N/A |
| Proposed regulations under section 195 of the Code provide rules and procedures for electing to amortize start-up expenditures. A public hearing will be held on June 2, 1998. |
| REG-209322-82(PDF, 37K) |
IRB #1998-15(HTML) |
April 13, 1998 |
T.D. 8761(PDF, 37K) |
| Proposed regulations under sections 6031 and 6063 of the Code revise the partnership filing requirement to reflect changes to the law made by the Taxpayer Relief Act of 1997 (TRA). LR-198-82, 1986-1 C.B. 778 is withdrawn. A public hearing will be held on May 19, 1998. |
| REG-209322-82(PDF, 37K) |
IRB #1998-15(HTML) |
April 13, 1998 |
T.D. 8760(PDF, 37K) |
| Proposed regulations under sections 6031 and 6063 of the Code revise the partnership filing requirement to reflect changes to the law made by the Taxpayer Relief Act of 1997 (TRA). LR-198-82, 1986-1 C.B. 778 is withdrawn. A public hearing will be held on May 19, 1998. |
| REG-209276-87(PDF, 32K) |
IRB #1998-11(HTML) |
March 16, 1998 |
N/A |
| Proposed regulations under section 6404 of the Code relate to the abatement of interest attributable to unreasonable errors or delays by an officer or employee of the IRS in performing a ministerial or managerial act. |
| REG-209060-86(PDF, 33K) |
IRB #1998-39(HTML) |
Sept. 28, 1998 |
N/A |
| Proposed regulations under section 6046A of the Code relate to information reporting requirements for certain United States persons who acquire or dispose of an interest in a foreign partnership, or whose interest in a foreign partnership changes substantially. A public hearing will be held on November 10, 1998. |
| REG-208299-90(PDF, 127K) |
IRB #1998-16(HTML) |
April 20, 1998 |
N/A |
| Proposed regulations under sections 482 and 864 of the Code relate to rules for the allocation among controlled taxpayers and sourcing of income, deductions, gains and losses from a global dealing operation; rules applying these allocation and sourcing rules to foreign currency transactions and to foreign corporations engaged in a U.S. trade or business; and rules concerning the mark-to-market treatment resulting from hedging activities of a global dealing operation. A public hearing will be held on July 9, 1998. |
| REG-122488-97(PDF, 26K) |
IRB #1998-42(HTML) |
Oct. 19, 1998 |
N/A |
| Proposed regulations under section 274 of the Code relate to the use of mileage rates to substantiate automobile business expenses. |
| REG-121755-97(PDF, 18K) |
IRB #1998-9(HTML) |
March 2, 1998 |
T.D. 8753(PDF, 18K) |
| Temporary and proposed regulations provide guidance under section 356(e) of the Code on when nonqualified preferred stock will not be treated as stock or securities for purposes of sections 354, 355, and 356 of the Code. A public hearing on the proposed regulations will be held on May 5, 1998. |
| REG-121268-97(PDF, 30K) |
IRB #1998-20(HTML) |
May 18, 1998 |
N/A |
| Proposed regulations under section 513 of the Code clarify when the travel and tour activities of tax exempt organizations are substantially related to the purposes for which exemption was granted. |
| REG-120882-97(PDF, 21K) |
IRB #1998-14(HTML) |
April 6, 1998 |
N/A |
| Final, temporary, and proposed regulations under section 368 of the Code provide guidance regarding satisfaction of the continuity of interest and continuity of business enterprise requirements for corporate reorganizations. A public hearing on the proposed regulations will be held on May 26, 1998. |
| REG-120200-97(PDF, 22K) |
IRB #1998-12(HTML) |
March 23, 1998 |
T.D. 8756(PDF, 22K) |
| Final, temporary, and proposed regulations under section 460 of the Code explain how a taxpayer elects not to apply the look-back method to long-term contracts in de minimis cases. |
| REG-119449-97(PDF, 24K) |
IRB #1998-10(HTML) |
March 9, 1998 |
T.D. 8755(PDF, 24K) |
| Temporary and proposed regulations under section 1397E of the Code relate to the federal income tax treatment of qualified zone academy bonds. A public hearing on the proposed regulations will be held on May 27, 1998. |
| REG-119227-97(PDF, 22K) |
IRB #1998-30(HTML) |
July 27, 1998 |
T.D. 8774(PDF, 22K) |
| Temporary and proposed regulations under section 4082 of the Code relate to the kerosene and aviation fuel excise taxes and the tax on the first retail sale of certain tractors and truck, trailer, and semi-trailer chassis and bodies (heavy vehicles). A public hearing on the proposed regulations will be held on November 4, 1998. |
| REG-118966-97(PDF, 32K) |
IRB #1998-39(HTML) |
Sept. 28, 1998 |
N/A |
| Proposed regulations under section 6038 of the Code relate to information reporting requirements for certain United States persons holding interests in controlled foreign partnerships. A public hearing will be held on November 10, 1998. |
| REG-118926-97(PDF, 37K) |
IRB #1998-39(HTML) |
Sept. 28, 1998 |
N/A |
| Proposed regulations under section 6038B of the Code relate to information reporting requirements for certain transfers by United States persons to foreign partnerships. A public hearing will be held on November 10, 1998. |
| REG-116608-97(PDF, 20K) |
IRB #1998-29(HTML) |
July 20, 1998 |
T.D. 8773(PDF, 20K) |
| Temporary and proposed regulations under section 32 of the Code provide guidance to taxpayers who have been denied the earned income credit (EIC) as a result of the deficiency procedures and wish to claim the EIC in a subsequent year. A public hearing on the proposed regulations will be held on October 21, 1998. |
| REG-115795-97(PDF, 29K) |
IRB #1998-8(HTML) |
Feb. 23, 1998 |
T.D. 8750(PDF, 29K) |
| Temporary and proposed regulations provide guidance to a passive foreign investment company (PFIC) shareholder that makes the election under section 1295 of the Code to treat the PFIC as a qualified electing fund. A public hearing on the proposed regulations will be held on April 16, 1998. |
| REG-115446-97(PDF, 24K) |
IRB #1998-36(HTML) |
Sept. 8, 1998 |
T.D. 8778(PDF, 24K) |
| Temporary and proposed regulations under section 936 of the Code provide guidance regarding the addition of a substantial new line of business by a possessions corporation that is an existing credit claimant. A public hearing on the proposed regulations will be held on December 1, 1998. |
| REG-115393-98(PDF, 81K) |
IRB #1998-39(HTML) |
Sept. 28, 1998 |
N/A |
| Proposed regulations under section 408A of the Code relate to Roth IRAs. A public hearing will be held on December 10, 1998. |
| REG-110965-97(PDF, 22K) |
IRB #1998-13(HTML) |
March 30, 1998 |
T.D. 8757(PDF, 22K) |
| Final, temporary, and proposed regulations under section 141 of the Code provide guidance to state and local governments that issue bonds for output facilities. A public hearing on the proposed regulations will be held on April 28, 1998. |
| REG-110403-98(PDF, 16K) |
IRB #1998-29(HTML) |
July 20, 1998 |
N/A |
| Final, temporary, and proposed regulations under section 6302 of the Code relate to the deposit of federal employment taxes. |
| REG-110332-98(PDF, 20K) |
IRB #1998-33(HTML) |
Aug. 17, 1998 |
T.D. 8776(PDF, 20K) |
| Final, proposed, and temporary regulations under section 985 of the Code provide guidance regarding certain federal tax consequences arising from the introduction of the euro. A public hearing on the proposed regulations will be held on October 20, 1998. |
| REG-109708-97(PDF, 15K) |
IRB #1998-45(HTML) |
Nov. 9, 1998 |
T.D. 8788(PDF, 15K) |
| These documents contain interim rules governing the Newborns' and Mothers' Health Protection Act of 1996 (NMHPA). The interim rules provide guidance to employers, group health plans, health insurance issuers, participants, and beneficiaries relating to new requirements for hospital lengths of stay in connection with childbirth. |
| REG-109704-97(PDF, 17K) |
IRB #1998-3(HTML) |
Jan. 20, 1998 |
T.D. 8741(PDF, 17K) |
| Temporary and proposed regulations under section 9812 of the Code relate to mental health parity requirements imposed on group health plans. |
| REG-109333-97(PDF, 34K) |
IRB #1998-9(HTML) |
March 2, 1998 |
N/A |
| Proposed regulations under section 7702B of the Code relate to consumer protection with respect to qualified long-term care insurance contracts. A public hearing will be held on May 13, 1998. |
| REG-106221-98(PDF, 43K) |
IRB #1998-41(HTML) |
Oct. 13, 1998 |
N/A |
| Proposed regulations under section 1032 of the Code relate to the treatment of a disposition by a corporation of the stock of another corporation in a taxable transaction. A public hearing will be held on January 7, 1999. |
| REG-106177-97(PDF, 92K) |
IRB #1998-37(HTML) |
Sept. 14, 1998 |
N/A |
| Proposed regulations under section 529 of the Code relate to Qualified State Tuition Programs (QSTPs). A public hearing will be held on January 6, 1999. |
| REG-106031-98(PDF, 40K) |
IRB #1998-26(HTML) |
June 29, 1998 |
N/A |
| Proposed regulations under section 864 of the Code relate to the treatment of foreign taxpayers trading in derivative financial instruments. A public hearing will be held on September 9, 1998. |
| REG-105170-97(PDF, 85K) |
IRB #1998-50(HTML) |
Dec. 14, 1998 |
N/A |
| Proposed regulations under section 41 of the Code relate to the computation of the credit for increasing research activities and the definition of qualified research. |
| REG-105163-97(PDF, 24K) |
IRB #1998-8(HTML) |
Feb. 23, 1998 |
N/A |
| Proposed regulations relate to the treatment of certain investment income under the qualifying income provisions of section 7704(d) of the Code and the application of the passive activity loss rules to publicly traded partnerships. A public hearing will be held on April 28, 1998. |
| REG-104691-97(PDF, 40K) |
IRB #1998-11(HTML) |
March 16, 1998 |
N/A |
| Proposed regulations under section 6053 of the Code permit employers to establish electronic systems for their tipped employees to use to report tips to the employer. |
| REG-104641-97(PDF, 26K) |
IRB #1998-29(HTML) |
July 20, 1998 |
N/A |
| Proposed regulations under section 1092 of the Code provides guidance on the application of the rules governing qualified covered calls. A public hearing will be held on November 4, 1998. |
| REG-104565-97(PDF, 24K) |
IRB #1998-39(HTML) |
Sept. 28, 1998 |
N/A |
| Proposed regulations under section 6402 of the Code relate to the administration of the Tax Refund Offset Program (TROP). |
| REG-104537-97(PDF, 39K) |
IRB #1998-16(HTML) |
April 20, 1998 |
T.D. 8767(PDF, 39K) |
| Final, temporary, and proposed regulations under section 954 of the Code relate to the treatment under subpart F of certain payments involving branches of a controlled foreign corporation (CFC) that are treated as separate entities for foreign tax purposes or partnerships in which CFCs are partners. A public hearing on the proposed regulations will be held on July 15, 1998. |
| REG-104062-97(PDF, 21K) |
IRB #1998-16(HTML) |
April 20, 1998 |
N/A |
| Temporary and proposed regulations under section 1502 of the Code relate to the use of tax credits of a consolidated group and its members. A public hearing on the proposed regulations will be held on May 7, 1998. |
| REG-104062-97(PDF, 22K) |
IRB #1998-10(HTML) |
March 9, 1998 |
T.D. 8766(PDF, 22K) |
| Final, temporary, and proposed regulations under section 1502 of the Code relate to limitations on the use of certain tax credits and related attributes by corporations filing consolidated income tax returns. A public hearing on the proposed regulations will be held on May 7, 1998. |
| REG-104062-97(PDF, 22K) |
IRB #1998-10(HTML) |
March 9, 1998 |
T.D. 8751(PDF, 22K) |
| Final, temporary, and proposed regulations under section 1502 of the Code relate to limitations on the use of certain tax credits and related attributes by corporations filing consolidated income tax returns. A public hearing on the proposed regulations will be held on May 7, 1998. |
| REG-102894-97(PDF, 19K) |
IRB #1998-3(HTML) |
Jan. 20, 1998 |
T.D. 8740(PDF, 19K) |
| Temporary and proposed regulations under section 6302 of the Code relate to the availability of the safe harbor deposit rule based on look-back quarter liability and affect persons required to make deposits of excise taxes. |
| REG-102144-98(PDF, 21K) |
IRB #1998-15(HTML) |
April 13, 1998 |
T.D. 8764(PDF, 21K) |
| Temporary and proposed regulations under sections 925 and 927 of the Code provide guidance to taxpayers who have made an election to be treated as a foreign sales corporation (FSC). A public hearing on the proposed regulations will be held on June 24, 1998. |
| REG-102023-98(PDF, 33K) |
IRB #1998-48(HTML) |
Nov. 30, 1998 |
N/A |
| Proposed regulations under section 6011 of the Code relate to the requirements for filing partnership returns on magnetic media. A public hearing will be held January 13, 1999. |
| REG-101363-98(PDF, 18K) |
IRB #1998-40(HTML) |
Oct. 5, 1998 |
T.D. 8781(PDF, 18K) |
| Final, temporary, and proposed regulations under section 411 of the Code provide for changes to the rules regarding qualified retirement plan benefits that are protected from reduction by plan amendment, that have been made necessary by the Taxpayer Relief Act of 1997. |
| REG-100841-97(PDF, 17K) |
IRB #1998-8(HTML) |
Feb. 23, 1998 |
N/A |
| Proposed regulations under section 6159 of the Code relate to terminations of agreements for the payment of tax liabilities in installments (installment agreements). |
| PS-158-86(PDF, 15K) |
IRB #1998-11(HTML) |
March 16, 1998 |
N/A |
| Proposed regulation under section 4611 of Code relating to the petroleum tax imposed on natural gasoline is withdrawn. |
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.
1998 Document Types | 1998 Weekly IRBs
IRS Bulletins Main | Home
 to download the Adobe Acrobat PDF Reader
|
