1999 Notices
A "Notice" is a public pronouncement that may contain guidance that involves substantive interpretations of the Code or other provisions of law. Notices may also be used for documents that would be appropriate for an "Announcement", but for the need to preserve the guidance in the Cumulative Bulletin, published twice a year. For example, "notices" can be used to relate what regulations will say in situations where the regulations may not be published in the immediate future. All notices published in the weekly IRB are also published in the Cumulative Bulletin.
Under Revenue Ruling 90-91, "for purposes of applying the substantial understatement portion of the accuracy-related penalty, ...all notices and announcements issued by the Service and published in the Internal Revenue Bulletin are considered authority and may be relied upon to the same extent as a revenue ruling or revenue procedure."
Notices are in the Adobe Acrobat PDF format.
Internal Revenue Bulletin Summary pages are in HTML format.
| Notices |
Bulletin |
Date of IRB |
 |
| Notice 99-61(PDF, 6K) |
IRB #1999-52(HTML) |
Dec. 27, 1999 |
| Weighted average interest rate update. The weighted average interest rate for December 1999 and the resulting permissible range of interest rates used to calculate current liabilities for purposes of the full funding limitation of section 412(c)(7) of the Code are set forth. |
| Notice 99-60(PDF, 7K) |
IRB #1999-52(HTML) |
Dec. 27, 1999 |
| Information reporting; royalty payments; Indians. Taxpayers are informed that the information reporting requirements of section 6050N of the Code do no apply to payments of royalties that are not subject to income tax because they are derived directly by a noncompetent Indian from allotted and restricted land under the General Allotment Act of similar acts. |
| Notice 99-59(PDF, 12K) |
IRB #1999-52(HTML) |
Dec. 27, 1999 |
| Tax avoidance using distributions of encumbered property. Taxpayers and their representatives are alerted that the purported losses arising from certain types of transactions are not properly allowable for federal income tax purposes. Also, the Service may impose penalties on participants in these transactions or, as applicable on persons who participate in the promotion or reporting of these transactions. |
| Notice 99-58(PDF, 8K) |
IRB #1999-51(HTML) |
Dec. 20, 1999 |
| Authorized IRS e-file providers, Form 1040 online transmitters, and financial institutions may apply to obtain a Debt Indicator for their customer/client taxpayers in exchange for screening individual income tax returns for potential abuse and reporting the findings to the IRS. |
| Notice 99-57(PDF, 18K) |
IRB #1999-51(HTML) |
Dec. 20, 1999 |
| Guidance is provided under section 705 of the Code relating to certain situations where gain or loss may be improperly created by adjusting the basis of a partnership interest for partnership income that is not subject to tax, or for partnership losses or deductions that are permanently denied, with respect to a partner. |
| Notice 99-56(PDF, 16K) |
IRB #1999-50(HTML) |
Dec. 13, 1999 |
| This notice provides tables that show the amount of an individual's income that is exempt from a notice of levy used to collect delinquent tax in 2000. |
| Notice 99-55(PDF, 12K) |
IRB #1999-49(HTML) |
Dec. 6, 1999 |
| Retirement plans; 2000 section 415(d) limitations. Cost-of-living adjustments effective January 1, 2000, applicable to the dollar limits on benefits under qualified defined benefit pensions plans and to other provisions affecting (1) certain plans of deferred compensation and (2) "control employees," are set forth. |
| Notice 99-54(PDF, 16K) |
IRB #1999-47(HTML) |
Nov. 22, 1999 |
| Weighted average interest rate update. Guidelines are set forth for determining for November 1999 the weighted average interest rate and the resulting permissible range of interest rates used to calculate current liability for purposes of the full funding limitation of section 412(c)(7) of the Code. |
| Notice 99-53(PDF, 24K) |
IRB #1999-46(HTML) |
Nov. 15, 1999 |
| Information reporting; payments of gross proceeds to attorneys. The Service intends to delay for one year the effective date of regulations proposed under section 6045 of the Code relating to the reporting of payments of gross proceeds to attorneys. |
| Notice 99-52(PDF, 13K) |
IRB #1999-43(HTML) |
Oct. 25, 1999 |
| Weighted average interest rate update. Guidelines are set forth for determining for October 1999 the weighted average interest rate and the resulting permissible range of interest rates used to calculate current liability for purposes of the full funding limitation of section 412(c)(7) of the Code. |
| Notice 99-51(PDF, 22K) |
IRB #1999-40(HTML) |
Oct. 4, 1999 |
| Guidance is provided under sections 51 and 51A of the Code relating to the use of the Work Opportunity Tax Credit and the Welfare-to-Work Tax Credit when an individual works for more than one employer while moving from welfare to work. |
| Notice 99-50(PDF, 28K) |
IRB #1999-40(HTML) |
Oct. 4, 1999 |
| Ex Parte communications prohibition. This notice contains a proposed revenue procedure that, when finalized, will provide guidance to IRS employees and taxpayers about ex parte communications during the Appeals process. The public is invited to comment on the proposed revenue procedure. The guidance will be effective for communications that take place after the procedure is finalized. |
| Notice 99-49(PDF, 8K) |
IRB #1999-39(HTML) |
Sept. 27, 1999 |
| Weighted average interest rate update. Guidelines are set forth for determining for September 1999 the weighted average interest rate and the resulting permissible range of interest rates used to calculate current liability for purposes of the full funding limitation of section 412(c)(7) of the Code. |
| Notice 99-48(PDF, 13K) |
IRB #1999-38(HTML) |
Sept. 20, 1999 |
| Section 7702 closing agreements. This notice specifies the rates the Service will use for the purpose of computing the amount due pursuant to a closing agreement concerning failed life insurance contracts under section 7702 of the Code. |
| Notice 99-47(PDF, 19K) |
IRB #1999-36(HTML) |
Sept. 7, 1999 |
| This notice provides guidance concerning a competent authority agreement between the United States and Canada that implements Article XXI (Exempt Organizations) of the United States–Canada Tax Convention (Treaty). |
| Notice 99-46(PDF, 10K) |
IRB #1999-37(HTML) |
Sept. 13, 1999 |
| 1999 marginal production rates. This notice announces the applicable percentage to be used in determining percentage depletion for marginal properties for taxable years beginning in 1999. |
| Notice 99-45(PDF, 8K) |
IRB #1999-37(HTML) |
Sept. 13, 1999 |
| 1999 Enhanced Oil Recovery Credit. The enhanced oil recovery credit for taxable years beginning in 1999 is determined without regard to the phase-out for crude oil price increases provided in section 43(b) of the Code. |
| Notice 99-44(PDF, 33K) |
IRB #1999-35(HTML) |
Aug. 30, 1999 |
| Limitations on contributions and benefits; qualified plans. A notice describes the implementation of section 1452 of the Small Business Job Protection Act of 1996 that repealed section 415(e) of the Code for limitation years beginning after December 31, 1999. As a result of the statutory change, an employer is no longer required to maintain a limitation on contributions and benefits as defined in section 415(e). |
| Notice 99-43(PDF, 17K) |
IRB #1999-36(HTML) |
Sept. 7, 1999 |
| This notice announces a modification of the current rules under section 897 of the Code regarding transfers, exchanges, and other dispositions of U.S. real property interests in nonrecognition transactions under section 368(a)(1)(E) or 368(a)(1)(F) of the Code occurring after June 18, 1980. |
| Notice 99-42(PDF, 18K) |
IRB #1999-35(HTML) |
Aug. 30, 1999 |
| Federal tax deposits; payments; magnetic media. This notice advises taxpayers of the termination of the Internal Revenue Service magnetic tape program for the reporting of federal tax deposits and certain established income tax payments effective with respect to deposits or payments made after January 31, 2000. |
| Notice 99-41(PDF, 13K) |
IRB #1999-35(HTML) |
Aug. 30, 1999 |
| Timely filing or payment; private delivery services. An updated list of designated private delivery services is provided for purposes of section 7502 of the Code. The list remains unchanged from previous list published in Notice 98–47, 1998–37 I.R.B. 8. Rev. Proc. 97–19, 1997–1 C.B. 644, and Notice 97–26, 1997–1 C.B. 413, are modified. |
| Notice 99-40(PDF, 18K) |
IRB #1999-35(HTML) |
Aug. 30, 1999 |
| Certain governmental plans; nondiscrimination rules. The effective date of the nondiscrimination rules for certain governmental plans within the meaning of section 414(d) of the Code is described. Notice 96–64 is modified. |
| Notice 99-39(PDF, 8K) |
IRB #1999-34(HTML) |
Aug. 23, 1999 |
| Weighted average interest rate update. The weighted average interest rate for August 1999 and the resulting permissible range of interest rates used to calculate current liability for purposes of the full funding limitation of section 412(c)(7) of the Code are set forth. |
| Notice 99-38(PDF, 12K) |
IRB #1999-31(HTML) |
Aug. 2, 1999 |
| Weighted average interest rate update. Guidelines are set forth for determining for July 1999 the weighted average interest rate and the resulting permissible range of interest rates used to calculate current liability for purposes of the full funding limitation of section 412(c)(7) of the Code. |
| Notice 99-37(PDF, 13K) |
IRB #1999-30(HTML) |
July 26, 1999 |
| Information reporting; Hope Credit; Lifetime Learning Credit; qualified student loan interest. Eligible educational institutions and certain persons who receive payments of student loan interest are informed that they will be required to report the same information under section 6050S of the Code for the year 2000 as required for the years 1998 and 1999. Notices 97-73, 98-7, 98-46, 98-54, and 98-59 modified. |
| Notice 99-36(PDF, 19K) |
IRB #1999-26(HTML) |
June 28, 1999 |
| Charitable split-dollar insurance transactions. Taxpayers and organizations described in section 170(c) of the Code (including charities described in section 501(c)(3)) are advised that certain charitable split-dollar insurance transactions that purport to give rise to charitable contribution deductions under section 170 or 2522 of the Code will not produce the tax benefits advertised by their promoters. Furthermore, promoters of these transactions, and taxpayers and organizations participating in them, may be subject to other adverse tax consequences, including penalties. |
| Notice 99-35(PDF, 17K) |
IRB #1999-28(HTML) |
July 12, 1999 |
| Qualified zone academy bonds credit rate. Issuers of qualified zone academy bonds may ascertain the qualified zone academy bond credit rate on the Bureau of Public Debt's web site located at: http://www.publicdebt.treas.gov. The credit rate is applicable on the first day on which there is a binding contract in writing for the sale or exchange of the bond. |
| Notice 99-34(PDF, 19K) |
IRB #1999-35(HTML) |
Aug. 30, 1999 |
| Treasury depreciation study: request for public comment. This notice invites public comment relating to the current depreciation system under section 168 of the Code. The Treasury Department will review and consider all comments received in response to this notice in preparing the depreciation study as directed in the Tax and Trade Relief Extension Act of 1998. |
| Notice 99-33(PDF, 12K) |
IRB #1999-26(HTML) |
June 28, 1999 |
| Weighted average interest rate update. The weighted average interest rate for June 1999 and the resulting permissible range of interest rates used to calculate current liability for purposes of the full funding limitation of section 412(c)(7) of the Code are set forth. |
| Notice 99-32(PDF, 14K) |
IRB #1999-23(HTML) |
June 7, 1999 |
| Hope Scholarship Credit; Lifetime Learning Credit; election. Final regulations under section 25A of the Code will permit taxpayers to elect to claim the Hope Scholarship Credit and the Lifetime Learning Credit by attaching Form 8863 to a timely filed original Federal income tax return or to an original or amended return filed after the due date of the return. |
| Notice 99-31(PDF, 12K) |
IRB #1999-23(HTML) |
June 7, 1999 |
| The deadline for special reformations under section 664 of the Code will be extended from June 8, 1999, to June 30, 2000. |
| Notice 99-30(PDF, 38K) |
IRB #1999-22(HTML) |
June 1, 1999 |
| This notice provides guidance on the tax relief under section 112 of the Code for United States military and support personnel involved in the military operations in the Federal Republic of Yugoslavia (Serbia/Montenegro), Albania, the Adriatic Sea, and the Ionian Sea north of the 39th parallel. |
| Notice 99-29(PDF, 9K) |
IRB #1999-21(HTML) |
May 24, 1999 |
| Innocent spouse equitable relief. The date for providing comments on Notice 98-61, 1998-51 I.R.B. 13, is extended to June 30, 1999. Notice 98-61 provides interim guidance for taxpayers seeking equitable relief from federal tax liability under section 6015(f) or 66(c) of the Code. |
| Notice 99-28(PDF, 10K) |
IRB #1999-21(HTML) |
May 24, 1999 |
| Weighted average interest rate update. The weighted average interest rate for May 1999 and the resulting permissible range of interest rates used to calculate current liability for purposes of the full funding limitation of section 412(c)(7) of the Code are set forth. |
| Notice 99-27(PDF, 34K) |
IRB #1999-21(HTML) |
May 24, 1999 |
| Comments are requested on the interpretation of section 1203 of the Internal Revenue Service Restructuring and Reform Act of 1998. Section 1203 provides generally that IRS employees must be terminated from federal employment if they violate certain rules in connection with the performance of their official duties, absent mitigation by the Commissioner. Comments should be submitted by June 30, 1999. |
| Notice 99-26(PDF, 11K) |
IRB #1999-21(HTML) |
May 24, 1999 |
| Electricity produced from certain renewable resources; calendar year 1999 inflation adjustment factor and reference prices. This notice announces the calendar year 1999 inflation adjustment factor and reference prices for the renewable electricity production credit under section 45 of the Code. |
| Notice 99-25(PDF, 16K) |
IRB #1999-20(HTML) |
May 17, 1999 |
| The Service will extend the effective date of the nonresident alien withholding regulations under section 1441 of the Code that were published in T.D. 8734, 1997-2 C.B. 109. As extended, those regulations will apply to certain payments made to foreign persons after December 31, 2000. |
| Notice 99-24(PDF, 18K) |
IRB #1999-20(HTML) |
May 17, 1999 |
| This notice informs taxpayers of the intent of Treasury and the Service to include in final regulations a one-year extension of the time for foreign sales corporations and their related suppliers to file grouping redeterminations under the transition rule for Temp. Treas. Reg. section 1.925(a)-1T(c)(8)(i). |
| Notice 99-23(PDF, 18K) |
IRB #1999-20(HTML) |
May 17, 1999 |
| This notice effects interim revisions to Schedule P of Form 1120-FSC (1998) and its instructions, filed by foreign sales corporations. The notice also solicits public comments by June 30, 1999, on certain proposed revisions to Schedule P for subsequent tax years. |
| Notice 99-22(PDF, 8K) |
IRB #1999-19(HTML) |
May 10, 1999 |
| Low-income housing tax credit. Resident population figures are reproduced for American Samoa, Guam, the Northern Mariana Islands, Puerto Rico, and the U.S. Virgin Islands for the purpose of determining their 1999 calendar year state housing credit ceiling under section 42(h) of the Code and private activity bond volume cap under section 146 of the Code. Notice 94-16 obsoleted. |
| Notice 99-21(PDF, 16K) |
IRB #1999-17(HTML) |
April 26, 1999 |
| Weighted average interest rate update. The weighted average interest rate for April 1999 and the resulting permissible range of interest rates used to calculate current liability for purposes of the full funding limitation of section 412(c)(7) of the Code are set forth. |
| Notice 99-20(PDF, 24K) |
IRB #1999-17(HTML) |
April 26, 1999 |
| Electronic funds transfer; failure to deposit penalty. Taxpayers are informed that beginning July 1, 1999, certain taxpayers that deposited more than $200,000 in aggregate federal depository taxes during calendar year 1998 will be subject to the 10-percent failure to deposit penalty under section 6656 of the Code if those taxpayers fail to make deposits by electronic funds transfer. The Service will not, however, impose the section 6656 penalty on taxpayers that did not deposit more than $200,000 in aggregate federal depository taxes during calendar year 1998 solely for the failure to deposit by electronic funds transfer. |
| Notice 99-19(PDF, 19K) |
IRB #1999-16(HTML) |
April 19, 1999 |
| Accounting periods; changes. This notice invites public comments on possible changes to published guidance concerning accounting period changes. Possible changes may include revising the criteria used to establish a substantial business purpose and allowing more automatic accounting period changes. |
| Notice 99-18(PDF, 13K) |
IRB #1999-16(HTML) |
April 19, 1999 |
| Credit for producing fuel from a nonconventional source, section 29 inflation adjustment factor and reference price. This notice publishes the nonconventional source fuel credit, the inflation adjustment factor, and the reference price under section 29 of the Code for calendar year 1998. This data is used to determine the credit allowable on fuel produced from a nonconventional source. |
| Notice 99-17(PDF, 20K) |
IRB #1999-14(HTML) |
April 5, 1999 |
| This notice modifies Notice 98-20, 1998-13 I.R.B. 25, to reflect changes made to section 1(h) of the Internal Revenue Code by sections 4002(i)(3) and 4003(b) of the Tax and Trade Relief Extension Act of 1998. The changes affect the treatment of post-1997 distributions of capital gains from a charitable remainder trust. |
| Notice 99-16(PDF, 15K) |
IRB #1999-13(HTML) |
March 29, 1999 |
| Deferred compensation; methods of accounting. This notice provides procedures for implementing a change in method of accounting to comply with section 404(a)(11) of the Code, regarding the payment of deferred compensation. |
| Notice 99-15(PDF, 16K) |
IRB #1999-12(HTML) |
March 22, 1999 |
| Weighted average interest rate update. Guidelines are set forth for determining the weighted average interest rate for March 1999 and the resulting permissible range of interest rates used to calculate current liability for purposes of the full funding limitation of section 412(c)(7) of the Code. |
| Notice 99-14(PDF, 15K) |
IRB #1999-11(HTML) |
March 15, 1999 |
| This notice withdraws guidance proposed in April 1992 under the passive foreign investment company (PFIC) rules of section 1291 of the Code relating to a market-to-market. |
| Notice 99-13(PDF, 17K) |
IRB #1999-10(HTML) |
March 8, 1999 |
| The "differential earnings rate" under section 809 of the Code is tentatively determined for 1998 together with the "recomputed differential rate" for 1997. |
| Notice 99-12(PDF, 15K) |
IRB #1999-9(HTML) |
March 1, 1999 |
| Electronic funds transfer; failure to deposit penalty. This notice provides guidance relating to the waiver of the failure to deposit penalty under section 6656 of the Code for certain taxpayers first required to make federal tax deposits by electronic funds transfers beginning on or after July 1, 1996. |
| Notice 99-11(PDF, 8K) |
IRB #1999-8(HTML) |
Feb. 22, 1999 |
| Weighted average interest rate update. Guidelines for determining the weighted average interest rate for February 1999 the weighted average interest rate and the resulting permissible range of interest rates used to calculate current liability for purposes of the full funding limitation of section 412(c)(7) of the Code are set forth. |
| Notice 99-10(PDF, 20K) |
IRB #1999-6(HTML) |
Feb. 8, 1999 |
| Low-income housing tax credit. Resident population figures for the various states for determining the 1999 calendar year (1) state housing credit ceiling under section 42(h) of the Code, and (2) private activity bond volume cap under section 146 of the Code are reproduced. |
| Notice 99-9(PDF, 21K) |
IRB #1999-4(HTML) |
Jan. 25, 1999 |
| The Service has made available on the IRS Internet site a draft of the Low-Income Taxpayer Clinic Grant application package for public comment. The draft describes the new grant program, authorized under section 7526 of the Code, for qualified organizations that provide legal assistance to low-income taxpayers having disputes with the Service or operate programs to inform individuals, for whom English is a second language, about their rights and responsibilities under the tax laws. |
| Notice 99-8(PDF, 108K) |
IRB #1999-5(HTML) |
Feb. 1, 1999 |
| This notice announces that the Service will make certain changes to the section 1441 withholding regulations, and provides the text of a model qualified intermediary withholding agreement. |
| Notice 99-7(PDF, 22K) |
IRB #1999-4(HTML) |
Jan. 25, 1999 |
| Weighted average interest rate update. The weighted average interest rate for January 1999 and the resulting permissible range of interest rates used to calculate current liability for purposes of the full funding limitation of section 412(c)(7) of the Code are set forth. |
| Notice 99-6(PDF, 29K) |
IRB #1999-3(HTML) |
Jan. 19, 1999 |
| Employment tax issues for disregarded entities. This notice provides interim guidance for taxpayers calculating, reporting, and paying employment tax obligations with respect to employees of disregarded entities. This notice also solicits comments from taxpayers concerning issues related to these obligations. |
| Notice 99-5(PDF, 35K) |
IRB #1999-3(HTML) |
Jan. 19, 1999 |
| Eligible rollover distributions; transitional relief. This notice provides guidance and transitional relief for certain hardship distributions after 1998 that are no longer eligible for rollover because of changes made by the IRS Restructuring and Reform Act of 1998. |
| Notice 99-4(PDF, 29K) |
IRB #1999-3(HTML) |
Jan. 19, 1999 |
| Penalties and interest study. This notice invites public comment in connection with a study being conducted by the Department of the Treasury and the IRS regarding the administration and implementation of the penalty and interest provisions of the Internal Revenue Code. |
| Notice 99-3(PDF, 32K) |
IRB #1999-2(HTML) |
Jan. 11, 1999 |
| Temporary Assistance for Needy Families; gross income; earned income credit; wages. This notice addresses the federal income and employment tax consequences of payments received by individuals with respect to certain work activities performed in state programs under part A of title IV of the Social Security Act, as amended by the Personal Responsibility and Work Opportunity Reconciliation Act of 1996 (Temporary Assistance for Needy Families). |
| Notice 99-2(PDF, 29K) |
IRB #1999-2(HTML) |
Jan. 11, 1999 |
| Abatement of interest; Presidentially declared disasters. Taxpayers are informed of the Service's application of interest abatement relief under section 915 of the Taxpayer Relief Act of 1997, as amended, and under section 6404(h) of the Code, for certain eligible taxpayers located in areas declared by the President to be disasters. |
| Notice 99-1(PDF, 21K) |
IRB #1999-2(HTML) |
Jan. 11, 1999 |
| Qualified pension and profit-sharing plans; use of new technologies in plan administration. This notice provides guidance to sponsors and administrators of retirement plans that are intended to be qualified under section 401 (a) of the Code regarding the use of electronic media for conducting certain transactions involving plan participants and beneficiaries. |
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