| Revenue Procedures |
Bulletin |
Date of IRB |
 |
| Rev. Proc. 2000-50(PDF, 18K) |
IRB #2000-52(HTML) |
Dec. 26, 2000 |
| Tax treatment of computer software expenditures. This procedure updates the guidelines contained in Rev. Proc. 69–21, relating to costs incurred to develop, purchase, lease, or license computer software, to be consistent with sections 167(f)(1) and 197 of the Code and the regulations thereunder. It also provides safe harbors and procedures for taxpayers to obtain consent to change to a method under this revenue procedure. Rev. Proc. 69–21 superseded. Rev. Procs. 97–50 and 99–49 modified. |
| Rev. Proc. 2000-49(PDF, 91K) |
IRB #2000-47(HTML) |
Nov. 20, 2000 |
| Electronic filing; magnetic media. Specifications are set forth for the magnetic or electronic filing of Form 8027, Employer's Annual Information Return of Tip Income and Allocated Tips, for 2000. The forms may be filed with the Internal Revenue Service using 1/2-inch magnetic tape; IBM 3480/3490 or AS400 compatible tape cartridges; or 5 1/4-, 3 1/2-inch diskettes. Rev. Proc. 99–46 superseded. |
| Rev. Proc. 2000-48(PDF, 47K) |
IRB #2000-49(HTML) |
Dec. 4, 2000 |
| Optional standard mileage rates. This procedure
announces 34.5 cents as the optional rate for deducting or
accounting for expenses for business use of an automobile,
14 cents for use of an automobile as a charitable contribution,
and 12 cents for use of an automobile as a medical or
moving expense for 2001. It provides rules for substantiating
the deductible expenses of using an automobile for business,
moving, medical, or charitable purposes. Rev. Proc.
99-38 superseded. |
| Rev. Proc. 2000-47(PDF, 12K) |
IRB #2000-46(HTML) |
Nov. 13, 2000 |
| 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 2001. |
| Rev Proc. 2000-46(PDF, 32K) |
IRB #2000-44(HTML) |
Oct. 30, 2000 |
| This procedure provides that the Service will not rule on the question of whether an undivided fractional interest in real property is an interest in a partnership. Rev. Proc. 2000–3 amplified. |
| Rev. Proc. 2000-45(PDF, 33K) |
IRB #2000-43(HTML) |
Oct. 23, 2000 |
| Insurance companies; discounted estimated salvage recoverable. The salvage discount factors are set forth for the 2000 accident year. These factors will be used for computing estimated salvage recoverable under section 832 of the Code. |
| Rev. Proc. 2000-44(PDF, 45K) |
IRB #2000-43(HTML) |
Oct. 23, 2000 |
| Insurance companies; loss reserves; discounting unpaid losses. The loss payment patterns and discount factors are set forth for the 2000 accident year. These factors will be used for computing discounted unpaid losses under section 846 of the Code. |
| Rev. Proc. 2000-43(PDF, 55K) |
IRB #2000-43(HTML) |
Oct. 23, 2000 |
| Ex parte communication prohibition. Guidance is provided to taxpayers and IRS employees about ex parte communications during the appeals process. |
| Rev. Proc. 2000-42(PDF, 62K) |
IRB #2000-43(HTML) |
Oct. 23, 2000 |
| This procedure informs taxpayers of the information they must submit to request a closing agreement under section 1.1503–2(g)(2)(iv)(B) of the regulations to prevent the recapture of dual consolidated losses (DCLs) upon the occurrence of certain triggering events. |
| Rev. Proc. 2000-41(PDF, 49K) |
IRB #2000-42(HTML) |
Oct. 16, 2000 |
| Qualified defined benefit plan; change in funding method. This procedure sets forth an updated procedure that a plan administrator or plan sponsor may use to obtain approval to change the funding method of its qualified defined benefit plan. Rev. Proc. 78–37 superseded. Rev. Proc. 2000–4 modified. |
| Rev. Proc. 2000-40(PDF, 95K) |
IRB #2000-42(HTML) |
Oct. 16, 2000 |
| Minimum funding standards; automatic change in funding method. This procedure provides approval to change the funding method used to determine the minimum funding standard for defined benefit plans for plan years beginning on or after January 1, 2000, to any one of the specific methods contained therein. Rev. Proc. 95–51 superseded. |
| Rev. Proc. 2000-39(PDF, 60K) |
IRB #2000-41(HTML) |
Oct. 10, 2000 |
| Per diem allowances. This procedure provides optional rules for deeming substantiated the amount of certain reimbursed traveling expenses of an employee as well as for determining the amount of deductible meals while traveling away from home. Rev. Proc. 2000–9 superseded. Notice 2000–48 superseded. |
| Rev. Proc. 2000-38(PDF, 46K) |
IRB #2000-40(HTML) |
Oct. 2, 2000 |
| Distributor commissions. This revenue procedure provides three permissible methods of accounting for distributor commissions. It also provides instructions for a taxpayer to obtain consent from the Commissioner of Internal Revenue to change to any of the three permissible methods of accounting, including rules relating to the limitations, terms, and conditions the Commissioner deems necessary to make the change. Rev. Proc. 99–49 modified and amplified. |
| Rev. Proc. 2000-37(PDF, 42K) |
IRB #2000-40(HTML) |
Oct. 2, 2000 |
| Like-kind exchanges; replacement property; "parking" arrangements. This procedure provides a safe harbor under which the Service will not challenge (a) the qualification of property as either "replacement property" or "relinquished property" for purposes of section 1031 of the Code or (b) the treatment of the "exchange accommodation titleholder" as the beneficial owner of such property for federal income tax purposes, if the property is held in a "qualified exchange accommodation arrangement" (QEAA). |
| Rev. Proc. 2000-36(PDF, 28K) |
IRB #2000-37(HTML) |
Sept. 11, 2000 |
| Low-income housing tax credit. This procedure publishes the unused housing credit carryover amounts allocated to qualified states under section 42(h)(3)(D) of the Code for calendar year 2000. |
| Rev. Proc. 2000-35(PDF, 96K) |
IRB #2000-35(HTML) |
Aug. 28, 2000 |
| This document provides the procedures to be followed to obtain a withholding certificate under section 1445 of the Code to reduce the tax withheld on the disposition of U.S. real property interests by foreign persons. Rev. Proc.88–23 superseded. |
| Rev. Proc. 2000-34(PDF, 22K) |
IRB #2000-34(HTML) |
Aug. 21, 2000 |
| This procedure provides guidance for submitting the information required under section 301.6501(c)–1(f)(2) of the Procedure and Administration Regulations to adequately disclose a gift if the information was not initially submitted with a gift tax return filed for the calendar year in which the gift was made. |
| Rev. Proc. 2000-33(PDF, 351K) |
IRB #2000-36(HTML) |
Sept. 5, 2000 |
| Acquisition of corporate debt. This procedure provides guidance on whether an acquisition of corporate debt by a beneficiary of the decedent creditor's estate or by a beneficiary of a revocable trust that became irrevocable upon the creditor's death is a direct acquisition within the meaning of section 1.108–2(b) of the regulations. |
| Rev. Proc. 2000-32(PDF, 16K) |
IRB #2000-33(HTML) |
Aug. 14, 2000 |
| This procedure provides the domestic asset/liability percentages and domestic investment yield percentages needed by foreign companies conducting insurance business in the United States to compute their minimum effectively connected net investment income. |
| Rev. Proc. 2000-31(PDF, 30K) |
IRB #2000-31(HTML) |
July 31, 2000 |
| Form 1040 IRS e-file program. Participants in the Form 1040 IRS e-file program (which now includes the former online filing program) are informed of their obligations to the Service, taxpayers, and other participants. Rev. Proc. 98–50 and Rev. Proc. 98–51 modified and superseded. |
| Rev. Proc. 2000-30(PDF, 33K) |
IRB #2000-28(HTML) |
July 10, 2000 |
| Gross income; information reporting; de minimis premiums. For administrative convenience, the Service will not require a depositor who receives a "de minimis premium" to treat the value of the premium as includible in gross income or to reduce the basis in the account, and will not require a financial institution that provides a "de minimis premium" to treat it as interest for purposes of information reporting under section 6049. Rev. Proc. 2000-30 is effective for "de minimis premiums" provided after December 31, 1999. |
| Rev. Proc. 2000-29(PDF, 22K) |
IRB #2000-28(HTML) |
July 10, 2000 |
| Election to treat certain debt substitutions as realization events. This revenue procedure modifies Rev. Proc. 99-18, 1999-11 I.R.B. 7, by removing the sunset date of June 30, 2000. Rev. Proc. 99-18 modified. |
| Rev. Proc. 2000-28(PDF, 1.2M) |
IRB #2000-27(HTML) |
July 3, 2000 |
| Rules and specifications for private printing of substitute forms. This procedure provides requirements for reproducing paper substitutes and for furnishing substitute recipient statements for Forms 1096, 1098, 1099, 5498, and W-2G. It will be reproduced as the July 2000 revision of Publication 1179. Rev. Proc. 99-34 superseded. |
| Rev. Proc. 2000-27(PDF, 22K) |
IRB #2000-26(HTML) |
June 26, 2000 |
| Qualified plans; determination letters; remedial amendment period. This procedure opens the determina-tion letter program to allow sponsors of qualified plans within the meaning of section 401(a) or 403(a) of the Code to request determination letters from the Service that take into account all changes in the plan qualification requirements made by the Small Business Job Protection Act of 1996 and other recent legislation. It also extends the remedial period under section 401(b) of the Code for amending plans for these changes, as well as the remedial amendment period for amending governmental and nonelecting church plans for the Tax Reform Act of 1986. Rev. Procs. 98–14, 99–23, 2000–6, and 2000–20 modified. |
| Rev. Proc. 2000-26(PDF, 26K) |
IRB #2000-24(HTML) |
June 12, 2000 |
| Interest netting for interest accruing on or after October 1, 1998. This procedure provides guidance regarding the application of section 6621(d) of the Code to interest accruing on or after October 1, 1998. Section 6621(d) provides for a net interest rate of zero to the extent of overlapping tax underpayments and tax overpayments, and generally applies to interest for periods beginning after July 22, 1998 (interest accruing on or after October 1, 1998). |
| Rev. Proc. 2000-25(PDF, 276K) |
IRB #2000-21(HTML) |
May 22, 2000 |
| Magnetic media; electronic filing; 2000 form specifications. Specifications are set forth for the magnetic or electronic filing of 2000 Forms 1098, 1099, 5498, and W-2G. Rev. Proc. 99-29 superseded. |
| Rev. Proc. 2000-24(PDF, 44K) |
IRB #2000-22(HTML) |
May 30, 2000 |
| Magnetic media/electronic filing program; Form 1040NR. Participants in the Magnetic Media/Electronic Filing Program for Form 1040NR, U.S. Nonresident Alien Income Tax Return, are informed of their obligations to the Service, taxpayers, and other participants. Rev. Proc. 99-25 superseded. |
| Rev. Proc. 2000-23(PDF, 342K) |
IRB #2000-21(HTML) |
May 22, 2000 |
| Specifications for private printing of substitute Forms W-2 and W-3. Specifications are set forth for the private printing of paper substitutes for tax year 2000 Form W-2, Wage and Tax Statement, and Form W-3, Transmittal of Wage and Tax Statements. Rev. Proc. 99-24 superseded. |
| Rev. Proc. 2000-22(PDF, 25K) |
IRB #2000-20(HTML) |
May 15, 2000 |
| Methods of accounting; inventories; small taxpayers. This revenue procedure provides that the Commissioner will exercise his discretion to except a qualifying taxpayer with average annual gross receipts of $1,000,000 or less from the requirements to account for inventories and to use an accrual method of accounting for purchases and sales of merchandise. |
| Rev. Proc. 2000-21(PDF, 14K) |
IRB #2000-19(HTML) |
May 8, 2000 |
| Qualified mortgage bonds; mortgage credit certificates; national median gross income. Guidance is provided concerning the use of the national and area median gross income figures by issuers of qualified mortgage bonds and mortgage credit certificates in determining the housing cost/income ratio described in section 143(f) of the Code. Rev. Proc. 99-22 is obsolete except as provided in section 5.02 of this revenue procedure. |
| Rev. Proc. 2000-20(PDF, 99K) |
IRB #2000-6(HTML) |
Feb. 7, 2000 |
| Master and prototype plans. This procedure combines prior revenue procedures pertaining to master and prototype plans and regional prototype plans. It also provides that mass submitters and sponsors may apply for opinion letters that reflect current law beginning April 7, 2000, and May 8, 2000, respectively. Volume submitter practitioners may apply for current law advisory letters beginning March 8, 2000. Rev. Procs. 89-9, 89-13, 90-21, 91-66, 92-41, 93-9, 93-10, and 95-42 superseded. Rev. Procs. 2000-6 and 2000-8 modified. Announcement 99-50 modified. |
| Rev. Proc. 2000-19(PDF, 100K) |
IRB #2000-12(HTML) |
March 20, 2000 |
| This revenue procedure provides the general requirements and conditions for the development, printing, and approval of all substitute tax forms to be acceptable for filing in lieu of official IRS forms. Certain unique, specialized forms require the use of other additional revenue procedures to supplement this publication. See Chapter 4. The Internal Revenue Service accepts quality substitute tax forms that are consistent with the official forms and do not have an adverse impact on our processing. The IRS Substitute Forms Program administers the formal acceptance and processing of these forms nationwide. While this program deals primarily with paper documents, it also interfaces with other processing and filing media such as: Magnetic tape, Optical character recognition, and Electronic filing, etc. |
| Rev. Proc. 2000-18(PDF, 25K) |
IRB #2000-9(HTML) |
Feb. 28, 2000 |
| Automobile owners and lessees. This procedure provides owners and lessees of passenger automobiles (including electric automobiles) with tables detailing the limitations on depreciation deductions for automobiles first placed in service during calendar year 2000 and the amounts to be included in income for automobiles first leased during calendar year 2000. In addition, this revenue procedure provides the maximum allowable value of employer-provided automobiles first made available to employees for personal use in calendar year 2000 for which the vehicle cents-per-mile valuation rule provided under section 1.61-21(e) of the Income Tax Regulations may be applicable. |
| Rev. Proc. 2000-17(PDF, 9K) |
IRB #2000-11(HTML) |
March 15, 2000 |
| Excise tax; minimum funding standard. This revenue procedure provides that under certain circumstances the second tier excise tax described in section 4971(b) of the Code, which is imposed as a result of the failure to meet the minimum funding standards under section 412, will be waived automatically. |
| Rev. Proc. 2000-16(PDF, 159K) |
IRB #2000-6(HTML) |
Feb. 7, 2000 |
| Administrative programs; closing agreements. This procedure consolidates and expands upon the following current employee plans programs: the Administrative Policy Regarding Self-Correction, the Walk-in Closing Agreement Program, the Closing Agreement Program, the Voluntary Compliance Resolution Program, the Standardized VCR Procedure, and the Tax-sheltered Voluntary Correction Program. Rev. Procs. 98-22, 99-13, and 99-31 modified and superseded. Rev. Proc. 2000-8 modified. |
| Rev. Proc. 2000-15(PDF, 31K) |
IRB #2000-5(HTML) |
Jan. 31, 2000 |
| Innocent spouse; equitable relief. Guidance is provided for taxpayers seeking relief from federal tax liability under section 6015(f) or 66(c) of the Code. Notice 98-61 modified and superseded. |
| Rev. Proc. 2000-14(PDF, 14K) |
IRB #2000-18(HTML) |
May 1, 2000 |
| Section 911(d)(4) waiver. Guidance is provided to individuals who fail to meet the eligibility requirements of section 911(d)(1) of the Code because adverse conditions in a foreign country preclude the individual from meeting those requirements. A current list of countries with the dates those countries are subject to the section 911(d)(4) waiver is provided. Rev. Proc. 99-20 supplemented. |
| Rev. Proc. 2000-13(PDF, 28K) |
IRB #2000-6(HTML) |
Feb. 7, 2000 |
| This procedure provides guidance on the application of Articles 10(2) and 23 of the United States-United Kingdom income tax treaty after the repeal of the U.K. advance corporation tax (ACT) and reduction of the U.K. Shareholder tax credit. Rev. Proc. 80-18 modified. |
| Rev. Proc. 2000-12(PDF, 152K) |
IRB #2000-4(HTML) |
Jan. 24, 2000 |
| This procedure contains the qualified intermediary (QI) withholding agreement as well as guidance for entering into the agreement. The objective of the QI withholding agreement is to simplify withholding and reporting obligations for payments of income (including interest, dividends, royalties, and gross proceeds) made to an account holder through one or more foreign intermediaries. Rev. Proc. 98-27 superseded and Notice 99-8 obsoleted. |
| Rev. Proc. 2000-11(PDF, 35K) |
IRB #2000-3(HTML) |
Jan. 18, 2000 |
| Changes in accounting periods; automatic consent. This procedure provides procedures by which certain corporations may obtain automatic approval to change their annual accounting periods under section 442 of the Code. Rev. Procs. 92-13, 92-13A, and 94-12 modified, amplified, and superseded. |
| Rev. Proc. 2000-10(PDF, 13K) |
IRB #2000-2(HTML) |
Jan. 10, 2000 |
| Qualified Zone Academy Bond limitations for 2000. This procedure sets forth the maximum face amount of Qualified Zone Academy Bonds that may be issued for each state in 2000. For this purpose, "state" includes the District of Columbia and U.S. possessions. |
| Rev. Proc. 2000-9(PDF, 41K) |
IRB #2000-3(HTML) |
Jan. 18, 2000 |
| Per diem allowances. This procedure provides optional rules for substantiating the amount of certain reimbursed travel expenses of an employee and for determining the amount of deductible meals while traveling away from home. Rev. Proc. 98-64 superseded. |
| Rev. Proc. 2000-8(PDF, 43K) |
IRB #2000-1(HTML) |
Jan. 3, 2000 |
| User fees for employee plans and exempt organizations. Up-to-date guidance for complying with the user fee program of the Service as it pertains to requests for letter rulings, determination letters, etc., on matters under the jurisdiction of the Office of the Commissioner, Tax Exempt and Government Entities Division, is provided. Rev. Proc. 99-8 superseded. |
| Rev. Proc. 2000-7(PDF, 22K) |
IRB #2000-1(HTML) |
Jan. 3, 2000 |
| Areas in which advance rulings will not be issued; Associate Chief Counsel (International). This procedure revises the list of those provisions of the Code under the jurisdiction of the Associate Chief Counsel (International) relating to matters where the Service will not issue advance rulings or determination letters. Rev. Proc. 99-7 superseded. |
| Rev. Proc. 2000-6(PDF, 105K) |
IRB #2000-1(HTML) |
Jan. 3, 2000 |
| Employee plans determination letters. Revised procedures are provided for issuing determination letters on the qualified status of employee plans under sections 401(a), 403(a), 409, and 4975 of the Code. Rev. Proc. 99-6 superseded. |
| Rev. Proc. 2000-5(PDF, 86K) |
IRB #2000-1(HTML) |
Jan. 3, 2000 |
| Technical advice. Revised procedures, in conformance with the Internal Revenue Service Restructuring and Reform Act of 1998, are provided for furnishing technical advice to area managers, determinations managers, and appeals office chiefs by the Office of the Commissioner, Tax Exempt and Government Entities Division, regarding issues in the employee plans area (including actuarial matters) and exempt organizations area. Rev. Proc. 99-5 superseded. |
| Rev. Proc. 2000-4(PDF, 121K) |
IRB #2000-1(HTML) |
Jan. 3, 2000 |
| Rulings and information letters; issuance procedures. Revised procedures are provided for furnishing ruling letters, information letters, etc., on matters relating to sections of the Code currently under the jurisdiction of the Office of the Commissioner, Tax Exempt and Government Entities Division. Rev. Proc. 99-4 superseded. |
| Rev. Proc. 2000-3(PDF, 71K) |
IRB #2000-1(HTML) |
Jan. 3, 2000 |
| Areas in which advance rulings will not be issued; Associate Chief Counsel (Domestic), Associate Chief Counsel (Employee Benefits and Exempt Organizations). This procedure provides a revised list of those provisions of the Code under the jurisdiction of the Associate Chief Counsel (Domestic) and the Associate Chief Counsel (Employee Benefits and Exempt Organizations) relating to matters where the Service will not issue advance rulings or determination letters. Rev. Procs. 99-3 and 99-51 superseded. |
| Rev. Proc. 2000-2(PDF, 85K) |
IRB #2000-1(HTML) |
Jan. 3, 2000 |
| Technical advice to the district directors and chiefs, appeals offices, from the Associate Chief Counsel (Domestic), Associate Chief Counsel (Employee Benefits and Exempt Organizations), Associate Chief Counsel (Enforcement Litigation), and Associate Chief Counsel (International). Revised procedures are provided for furnishing technical advice to the district directors and chiefs, appeals offices, in areas under the jurisdiction of the Associate Chief Counsel (Domestic), the Associate Chief Counsel (Employee Benefits and Exempt Organizations), the Associate Chief Counsel (Enforcement Litigation), and the Associate Chief Counsel (International). Rev. Proc. 99-2 superseded. Rev. |
| Rev. Proc. 2000-1(PDF, 186K) |
IRB #2000-1(HTML) |
Jan. 3, 2000 |
| Letter rulings, determination letters, and information letters issued by the Associate Chief Counsel (Domestic), Associate Chief Counsel (Employee Benefits and Exempt Organizations), Associate Chief Counsel (Enforcement Litigation), and Associate Chief Counsel (International). Revised procedures are provided for issuing letter rulings, determination letters, and information letters on specific issues under the jurisdiction of the Associate Chief Counsel (Domestic), the Associate Chief Counsel (Employee Benefits and Exempt Organizations), the Associate Chief Counsel (Enforcement Litigation), and the Associate Chief Counsel (International). Rev. Proc. 99-1 superseded; Notice 97-19 and Rev. Proc. 96-13 modified. |
