December 2001

Issue

Date

Subject

2001-264

December 31, 2001

New Temporary and Proposed Built-In Gain Regulations Issued Under Section 337(d)

2001-263

December 31, 2001

Fifth Circuit Reverses Tax Court in Compaq Computer; ADR Transaction Held to Have Economic Substance and a Business Purpose

2001-262

December 28, 2001

Tax Court Disallows Business Expense Deductions, as Lacking Business Purpose and Economic Substance

2001-261

December 27, 2001

Final Regulations Address Allocation of Loss Recognized on Stock Dispositions for Taxpayers Claiming a Foreign Tax Credit

2001-260

December 26, 2001

Revenue Ruling Addresses the Income Tax Treatment of Options and Restricted Stock in Spin-Offs

2001-259

December 26, 2001

IRS Notice Provides New Model Safe Harbor Explanations for Distributions from Qualified Plans

2001-258

December 26, 2001

D.C. Circuit Vacates and Remands Economic Substance Case to Tax Court for Reconsideration in Light of ASA Investerings

2001-257

December 21, 2001

Revenue Ruling Provides That Employer Reimbursements Of Cafeteria Plan Contributions For Health Insurance Premiums Are Included In Employees’ Gross Income

2001-256

December 21, 2001

IRS Announces Waiver of Section 6662 Penalties for Certain Disclosures of Tax Shelter and Other Items

2001-255

December 21, 2001

New Regulations Dealing With The Research Credit Proposed To Be Effective For Tax Years Ending On Or After December 26, 2001

2001-254

December 20, 2001

Legislative Update: Victims’ Relief Legislation Passes by Unanimous Consent

2001-253

December 20, 2001

IRS Releases Guidance on 401(k) Distributions and Catch-up Contributions

2001-252

December 20, 2001

Legislative Update: House Approves Stimulus Package, Action by Senate is Uncertain

2001-251

December 17, 2001

IRS Notice Provides Guidance on ESOP Dividend Elections

2001-250

December 14, 2001

IRS Releases New Proposed Regulations Dealing With The Research Credit

2001-249

December 14, 2001

Final Regulations Address Elective Changes in Entity Classification

2001-248

December 13, 2001

Legislative Update: House Approves Victims Relief . . . Again

2001-247

December 11, 2001

IRS Releases Pension Plan Limits and COLAs for 2002

2001-246

December 10, 2001

IRS Issues Announcement Providing Additional September 11 Relief

2001-245

December 7, 2001

IRS Announces Inflation Adjustments for 2002

2001-244

December 7, 2001

IRS Releases Guidance on Section 529 Qualified Tuition Programs

2001-243

December 6, 2001

IRS Expands the Safe Harbor Provisions of Notice 88-129 for Public Utilities

November 2001

Issue

Date

Subject

2001-242

November 30, 2001

Legislative Update: Talks Continue on Economic Stimulus Package

2001-241

November 29, 2001

IRS Guidance on Bad Debt Conformity Election for Banks

2001-240

November 29, 2001

IRS Issues Guidance on Value of Demonstration Vehicles Used by Auto Dealership Employees

2001-239

November 29, 2001

IRS Holds That Certain Land Preparation Costs of Modern Golf Greens Are Depreciable

2001-238

November 21, 2001

IRS Grants Tax Relief For Certain Rent Holidays For Aircraft Leases, To Assist In Federal Loan Guarantee Program

2001-237

November 19, 2001

Legislative Update: Senate Acts on Relief for Victims and Survivors of Terrorist Attacks

2001-236

November 15, 2001

Legislative Update: Discussions Continue on Economic Stimulus Package

2001-235

November 14, 2001

Proposed Regulations Define a Statutory Merger or Consolidation

2001-234

November 14, 2001

IRS Concludes Credit Cards Fees May Be Treated As Interest Income, Depending on Facts and Circumstances

2001-233

November 14, 2001

IRS Extends GUST Remedial Amendment Period

2001-232

November 14, 2001

IRS Releases the LMSB Fast Track Pilot Program to Facilitate Resolution of Large and Mid-Size Business Tax Issues

2001-231

November 14, 2001

Due Date for Certain Deposits of Air Transportation Excise Taxes Extended to January 15, 2002

2001-230

November 13, 2001

Proposed Regulation Confirms Availability of a Favorable Basis Provision to Transactions Between Members of a Consolidated Group

2001-229

November 13, 2001

Proposed Regulations and IRS Notices Address FICA, FUTA Obligations Relating to Exercise of Employee Stock Options

2001-228

November 09, 2001

IRS Updates the Disaster Relief Guidance for Taxpayers with an Interest in Affected Passthrough Entities

2001-227

November 09, 2001

IRS Supplements Earlier Relief Allowing Election Out of Midquarter Convention for Certain Taxpayers in 2001

2001-226

November 09, 2001

United States and Luxembourg Sign Mutual Agreement on Transition Rules in Tax Treaty

2001-225

November 09, 2001

Legislative Update: Senate Finance Committee Approves Its Version of an Economic Stimulus Bill

2001-224

November 08, 2001

Legislative Update: Senate Finance Committee Markup of Economic Stimulus Plan Continues Into the Evening

2001-223

November 07, 2001

Update: IRS National Office Mail Room Reopens

2001-222

November 06, 2001

Legislative Update: Senate Finance Committee Releases Its Version of Economic Stimulus Package

2001-221

November 06, 2001

Seventh Circuit Reverses the Tax Court's Opinion in U.S. Freightways Corp. v. Commissioner

2001-220

November 06, 2001

Standard Mileage Allowance Rises to 36.5 Cents Per Mile for 2002

2001-219

November 02, 2001

IRS Releases Supplemental Guidance Concerning September 11 Terrorist Attacks

October 2001

Issue

Date

Subject

2001-218

October 31, 2001

IRS National Office Mail Room Closes; Time-Sensitive Deliveries May Require Extra Attention

2001-217

October 29, 2001

China: Changes in the Newly Revised Tax Administration and Collection Law

2001-216

October 26, 2001

IRS Announces Taxpayers May Redesignate Estimated Income Tax Payments as Employment Tax Deposits

2001-215

October 25, 2001

IRS Is Expected to Release Fast Track Program to Facilitate Resolution of Large and Mid-Size Business Tax Issues

2001-214

October 24, 2001

Legislative Update: House Approves Economic Stimulus Package

2001-213

October 24, 2001

IRS Provides Interim Guidance on Leave-Based Donation Programs

2001-212

October 23, 2001

Senate Finance Chairman and House Democrats Release Separate Outlines of Stimulus Packages

2001-211

October 23, 2001

Ninth Circuit Upholds Tax Court Decision Regarding Amortization Deduction for Payments to Third-Party Insurers

2001-210

October 22, 2001

Regulations Are Proposed Concerning Catch-Up Contributions for Individuals Age 50 Years or Older

2001-209

October 18, 2001

IRS Releases Several Revised Determination Letter Application Forms

2001-208

October 18, 2001

IRS Allows Election Out of Midquarter Convention for Certain Taxpayers in 2001

2001-207

October 18, 2001

Legislative Update: House Postpones Vote on Stimulus Package, Senate Continues to Develop a Separate Version

2001-206

October 16, 2001

IRS Issues Guidance on the Increased Contribution and Benefit Limits Under Section 415

2001-205

October 16, 2001

IRS Releases Final Regulations Relating to the Effect of the Family Medical Leave Act on Section 125 Cafeteria Plans

2001-204

October 15, 2001

IRS Releases Proposed Audit Guidance for External Auditors of Qualified Intermediaries

2001-203

October 15, 2001

IRS Issues Guidance on Form W-2 Reporting of Catch-up Contributions

2001-202

October 12, 2001

House Ways and Means Considers Economic Stimulus Package

2001-201

October 11, 2001

IRS Releases Notice for Employers to Give Employees Explaining Saver's Tax Credit

2001-200

October 11, 2001

Analysis: Compensation and Benefits Issues Arising Out of the September 11th Terrorist Attacks

2001-199

October 10, 2001

District Court: Economic Substance Found in Transactions Involving PPNs and LIBOR Notes

2001-198

October 10, 2001

Analysis: Sixth Circuit Determines Taxpayer's Payments for Environmental Remediation, Corporate Reorganization, and Engineering Studies Are Capital Expenditures

2001-197

October 9, 2001

IRS Issues Guidance Concerning Section 1374 Built-in Gains for Certain Timber, Coal, and Iron Ore Transactions

2001-196

October 9, 2001

IRS Begins Issuing GUST Opinion Letters for M&P Plans

2001-195

October 5, 2001

Analysis: Washington Responds to Tax Issues Raised by September 11

2001-194

October 4, 2001

Legislative Update: Attention Turns to a Stimulus Package

2001-193

October 3, 2001

Final TEFRA Regulations Are Issued

2001-192

October 2, 2001

Tax Court: State Tax Deficiencies and Interest on Deficiencies Are Specified Liability Losses Eligible For 10-Year Loss Carryback

2001-191

October 1, 2001

Australia: Changes to Thin Capitalization and Debt/Equity Rules

September 2001

Issue

Date

Subject

2001-190

September 27, 2001

United States and Australia Sign New Protocol to Income Tax Treaty

2001-189

September 26, 2001

Revenue Ruling Updates List of Countries Granting Exemptions for Foreign Workers on Ships and Aircraft

2001-188

September 25, 2001

Web Cast Video: Guidance for Companies Seeking to Provide Relief to Victims of Terrorist Attacks

2001-187

September 24, 2001

Revenue Ruling Applies Step Transaction Doctrine to Treat an Acquisition Merger That Would Otherwise Constitute a Qualified Stock Purchase, Followed by an Upstream Merger of Target, as a Single Statutory Merger

2001-186

September 21, 2001

IRS Clarifies Relief From Terrorist Attacks in a Revised Notice 2001-61

2001-185

September 19, 2001

IRS Requests Comments Concerning Interest Expense Allocation and Apportionment Rules for Integrated Transaction Treatment of Financial Transactions

2001-184

September 19, 2001

States Extend Tax Return and Payment Due Dates in the Wake of Terrorist Attacks

2001-183

September 17, 2001

Labor Department Grants Form 5500 Relief for Victims of Terrorist Attacks

2001-182

September 17, 2001

Update: IRS Relief for Victims of Terrorist Attack

2001-181

September 13, 2001

IRS Issues Filing and Other Relief

2001-180

September 10, 2001

IRS Official Lists International Projects Currently Active in Chief Counsel's Office

2001-179

September 7, 2001

IRS Provides Guidance for Qualified Tuition Programs

2001-178

September 4, 2001

Congress Returns After August Recess

August 2001

Issue

Date

Subject

2001-177

August 31, 2001

IRS Issues Notices Providing Guidance on Effective Dates for Recent Legislative Changes to Retirement Plans

2001-176

August 30, 2001

Wisconsin: Legislation Eliminates Limited Partnership Planning

2001-175

August 28, 2001

CBO Revises Budget Projections; Smaller Surpluses Expected

2001-174

August 24, 2001

United Kingdom: Government Requests Comments Concerning Proposed Exemptions for Foreign Dividends

2001-173

August 23, 2001

Proposed Regulations Clarify Subchapter S Trust Elections for Testamentary Trusts

2001-172

August 22, 2001

OMB Revises Its Budget Surplus Projections

2001-171

August 21, 2001

Tax Court: U.S. Corporation Must Recognize Subpart F Income of Foreign Corporation Wholly Owned by Grantor Trust

2001-170

August 21, 2001

Revenue Procedure Provides Safe Harbor of Accounting for Railroads' Track Repair and Maintenance Expense

2001-169

August 20, 2001

WTO Panel Issues Report Finding ETI Legislation Is a Prohibited Export Subsidy

2001-168

August 14, 2001

Seventh Circuit Affirms Denial of Taxpayer's Claims for Research Credit Under Section 41 and for Deduction Under Section 1341

2001-167

August 8, 2001

Final Regulations Make Changes to the Filing Due Dates and Deposit Rules for Form 720 Excise Taxes

2001-166

August 8, 2001

Final Regulations on Defining "Domestic Trusts" Are Released

2001-165

August 7, 2001

Analysis: Key Provisions of the U.S.-U.K. Tax Treaty

2001-164

August 3, 2001

Senate Finance Committee Releases New Tax Shelter Proposal

2001-163

August 3, 2001

Legislative Update: Bill to Revise Subchapter S Provisions Would Benefit Many S Corporations

2001-162

August 3, 2001

House Passes Patients' Bill of Rights

2001-161

August 2, 2001

IRS Issues Modifications to Tax Shelter Regulations

2001-160

August 2, 2001

Temporary "Anti-Morris Trust" Regulations Issued Under Section 355(e)

2001-159

August 2, 2001

IRS Releases Guidance Concerning Issuance of Partnership Profits Interests

2001-158

August 2, 2001

IRS and Seagate Technology Settle Stock Option/Cost Sharing Dispute

2001-157

August 2, 2001

Proposed Regulations Address When Spouse Will Be Taxed on Certain Stock Redemptions During Marriage or Incident to Divorce

2001-156

August 2, 2001

IRS Updates the List of "Listed Transactions"

2001-155

August 2, 2001

House of Representatives Passes Energy Tax Legislation

2001-154

August 1, 2001

Extensions of Time for Late Allocations of GST Exemptions, Electing Out of Automatic Allocations, and Designating GST Trusts

2001-153

August 1, 2001

Legislative Update: Doggett Introduces Bill to Codify Economic Substance

July 2001

Issue

Date

Subject

2001-152

July 31, 2001

Tax Court: Payment of Court Judgment Is Capital Expenditure, Part of Cost Basis of Acquired Property

2001-151

July 31, 2001

Final Regulations: Interest-Free Adjustments Under Section 6205

2001-150

July 26, 2001

Revenue Ruling Obsoletes Consolidated Return Guidance for Certain U.S. Corporations with Mexican Subsidiaries

2001-149

July 26, 2001

IRS to Deny Losses Related to Certain Basis-Shifting Transactions

2001-148

July 24, 2001

Analysis: New U.S.-U.K. Income Tax Treaty Makes Numerous Changes to Existing Treaty Provisions

2001-147

July 24, 2001

United States and United Kingdom Sign New Income Tax Treaty

2001-146

July 20, 2001

Treasury Provides an Update on Tax Treaties

2001-145

July 19, 2001

Final Regulations Concerning Foreign Trusts and Estates Are Issued Under Sections 679 and 684

2001-144

July 19, 2001

Ways and Means Committee Approves Energy Tax Legislation

2001-143

July 16, 2001

IRS Releases Alternative Model Amendment for Minimum Distributions for 2001 by Retirement Plans

2001-142

July 16, 2001

IRS to Send Notices and to Begin to Issue Advance Payment Checks

2001-141

July 16, 2001

Tax Legislation Introduced During the 107th Congress

2001-140

July 13, 2001

Tax Court: Airline Can Deduct Employee Per Diem Allowances as Compensation

2001-139

July 13, 2001

Legislative Update: Congress Returns to a Full Schedule

2001-138

July 10, 2001

Withdrawal of Proposed Regulations Provides Opportunities for Taxpayers to Revisit the Historic Absorption Ratio Election

2001-137

July 9, 2001

Federal Circuit Holds LDR Duplicated Loss Factor Is Contrary to the Statute, Reverses Court of Federal Claims

2001-136

July 3, 2001

IRS Notice Requests Comments on Future Notional Principal Contract Guidance

2001-135

July 3, 2001

Eighth Circuit Affirms Opinion of Tax Court Regarding Costs of Vacation Flights on a Corporate Jet

2001-134

July 2, 2001

IRS Notice Provides Limited Transitional Relief for U.S. Withholding Agents and Qualified Intermediaries

June 2001

Issue

Date

Subject

2001-133

June 29, 2001

Tax Court: 10-Year Limitations Period for Election to Credit Foreign Taxes Is Measured From the Due Date of the Return for Which the Credit Is Elected

2001-132

June 28, 2001

Eleventh Circuit Affirms Tax Court's Decision in Winn-Dixie; COLI Program Deductions Denied for Lack of Economic Substance or Business Purpose

2001-131

June 28, 2001

U.S.-Slovenia Tax Treaty Enters Into Force

2001-130

June 28, 2001

IRS Announces Remedial Amendment Period for EGTRRA Amendments, and Simplifies Determination Letter Process for Qualified Plans

2001-129

June 28, 2001

Final Cross-Testing Nondiscrimination Regulations Are Issued

2001-128

June 22, 2001

WTO Dispute Panel Issues Preliminary Report Finding that FSC Replacement is Illegal Export Subsidy

2001-127

June 21, 2001

Eleventh Circuit Reverses Tax Court in Sham Transaction Case

2001-126

June 21, 2001

Final Regulations Relating to Filing of a Tentative Carryback Adjustment in Consolidated Group Context

2001-125

June 18, 2001

Final Regulations Clarify Application of Special Aggregate Stock Ownership Rules

2001-124

June 14, 2001

IRS Grants Disaster Relief to Taxpayers in 10 Louisiana Parishes

2001-123

June 14, 2001

Final Regulations Under Section 420 Are Issued

2001-122

June 14, 2001

Eighth Circuit Reverses District Court, Finding ADR Trades Had Both Business Purpose and Economic Substance

2001-121

June 13, 2001

IRS Grants Disaster Relief to Taxpayers in 28 Texas Counties; Relief for Louisiana Is Being Considered

2001-120

June 12, 2001

Regulations Are Proposed Concerning Adoptions, Changes, and Retentions of Annual Accounting Periods

2001-119

June 11, 2001

New Income Tax Withholding Tables for 2001 Are Published

2001-118

June 7, 2001

IRS Releases Fact Sheets on Advance Payment Checks

2001-117

June 7, 2001

President Bush Signs Economic Growth and Tax Relief Reconciliation Act of 2001

2001-116

June 5, 2001

Supreme Court Decides Ten-Year Net Operating Loss Carryback Rules Apply to a Consolidated Group on a Single-Entity Approach

2001-115

June 4, 2001

IRS Ruling Affects Excise Tax Treatment of Air Charter Flights

2001-114

June 4, 2001

IRS Abandons Economic Family Doctrine for Captive Insurance Arrangements

2001-113

June 4, 2001

REITs Deemed to Be Engaged in Active Conduct of Trade or Business for Section 355 Purposes

2001-112

June 4, 2001

IRS to Survey Business Community About Compliance Burden

2001-111

June 1, 2001

IRS Releases Guidance Relating to Qualified Benefit Plans

May 2001

Issue

Date

Subject

2001-110

May 31, 2001

Tax Court Holds Certain Expenditures Must Be Capitalized

2001-109

May 26, 2001

Congress Approves Tax Relief Bill

2001-108

May 23, 2001

Revenue Procedure Establishes Appeal Procedures for Dyed Fuel and "Refusal" Penalties

2001-107

May 21, 2001

Tax Cut Nears Senate Vote; Estimated Tax Provision Draws Attention

2001-106

May 21, 2001

Section 936 Credit Denied, on Tax Court's Finding of No Active Conduct of Trade or Business in Puerto Rico

2001-105

May 18, 2001

Revenue Procedure Offers Guidance for Taxpayers Making Elections Under FSC Repeal Act

2001-104

May 18, 2001

Pending Tax Legislation Would Affect Rates of Backup and Other Withholding, and Would Modify Schedule of Corporate Estimated Tax Payments

2001-103

May 17, 2001

Bush Administration's Report on National Energy Policy Includes Energy Tax Incentives

2001-102

May 17, 2001

Final Regulations Clarify Standards for Taxable Fuel Measurement

2001-101

May 14, 2001

Tax Court Holds Covenant Not to Compete in Connection With Stock Redemption Is Subject to 15-Year Amortization Under Section 197

2001-100

May 11, 2001

Finance Committee Releases Tax Bill Outline

2001-99

May 11, 2001

Revenue Ruling Clarifies the "Control for Voting Stock" Requirement of Reverse Subsidiary Mergers

2001-98

May 11, 2001

IRS Issues Notices Pertaining to Election of Annual Accounting Period

2001-97

May 9, 2001

Revenue Procedure Grants Automatic Permission for Certain Securities Partnerships Seeking to Aggregate Built-in Gains and Losses

2001-96

May 8, 2001

IRS Modifies Revenue Procedures for Advance Rulings for Leveraged Leases

2001-95

May 8, 2001

Amendments to Certain Rabbi Trusts Need to Be Adopted by Wednesday, May 16th to Avoid Constructive Dividend Treatment

2001-94

May 7, 2001

Revenue Ruling Clarifies the "Hold" Requirement of Reverse Subsidiary Mergers

2001-93

May 7, 2001

Observations Regarding Joint Committee Recommendations for Tax Simplification

2001-92

May 4, 2001

IRS Modifies Revenue Procedure for Determining Whether Solid Fuel Produced From Coal Qualifies Under Section 29

2001-91

May 4, 2001

U.S. Tax Treaty Update

2001-90

May 3, 2001

Revenue Ruling Clarifies Treatment of Forward Subsidiary Mergers

2001-89

May 1, 2001

Legislative Update: Budget Resolution Ready for Final Approval

April 2001

Issue

Date

Subject

2001-88

April 30, 2001

Treasury Issues Requests for Comments and Guidance on the New Markets Tax Credit

2001-87

April 26, 2001

IRS Releases 2001 Priority Guidance Plan

2001-86

April 25, 2001

Legislative Update: Ways and Means Committee Approves Pension Reform Bill

2001-85

April 23, 2001

Senate Finance Committee to Address Individual Tax Relief First

2001-84

April 20, 2001

Revenue Procedure Offers Guidelines for Determining Whether Solid Fuel Produced From Coal Qualifies Under Section 29

2001-83

April 19, 2001

IRS Updates the List of Appeals Settlement Guidelines

2001-82

April 18, 2001

JCT Releases Tax Expenditures Report

2001-81

April 16, 2001

Legislative Update: Tax Bills Introduced in 107th Congress

2001-80

April 13, 2001

Tax Court Holds Certain Fees Paid in Acquiring Failed Savings Association Were Deductible

2001-79

April 11, 2001

Revenue Ruling Addresses Qualified Lessee Construction Allowances for Short-Term Leases

2001-78

April 9, 2001

President Bush Releases FY 2002 Budget

2001-77

April 6, 2001

Legislative Update: Senate Agrees to Budget Resolution Allowing for Tax Relief of $1.28 Trillion

2001-76

April 5, 2001

Legislative Update: Observations on the Tax and Budget Debate in Congress

2001-75

April 4, 2001

House Votes to Repeal Estate and Gift Taxes

2001-74

April 4, 2001

United States-United Kingdom Tax Treaty Update

2001-73

April 3, 2001

IRS Releases Annual Report on Pre-Filing Agreements

2001-72

April 3, 2001

U.S.–Korea Reach Agreement to Prevent Double Taxation on Disposition of Shares of Korean Real Property Corporations by U.S. Persons

March 2001

Issue

Date

Subject

2001-71

March 30, 2001

IRS Releases APA Program Report for 2000

2001-70

March 29, 2001

Legislative Update: Action Continues on Budget and Tax Measures

2001-69

March 28, 2001

U.S. Supreme Court to Decide Application of Loss Rules to Consolidated Group

2001-68

March 28, 2001

Legislative Update: Tax Bills Introduced in 107th Congress

2001-67

March 22, 2001

Legislative Update: Ways and Means Approves the Marriage Tax Elimination Act of 2001

2001-66

March 15, 2001

Legislative Update: Action on a Variety of Tax Proposals

2001-65

March 15, 2001

Germany: Real Estate Transfer Tax Poses Trap for the Unwary

2001-64

March 12, 2001

IRS Allows Corporations With Suspended Research Credits for 2000 to Extend Their 2000 Tax Returns Without Paying the Suspended Credit Amount

2001-63

March 8, 2001

House Approves Legislation to Reduce Tax Rates

2001-62

March 8, 2001

Effective Date Delayed for Group Health Nondiscrimination Rules

2001-61

March 7, 2001

Analysis: Proposed Rules Amend the Definition of Income for Trust and Estate Purposes

2001-60

March 6, 2001

Treasury, IRS Seek Suggestions for Definition of "Dealer" in Securities Futures Contracts by July 1, 2001

2001-59

March 2, 2001

India: FY 2001-02 Budget Statement Offers Tax Opportunities for U.S. Companies with Indian Subsidiaries

2001-58

March 2, 2001

Final Regulations on Grouping of FSC Transactions Extend the Time for Redeterminations

2001-57

March 1, 2001

Ways and Means Approves Marginal Rate Reduction; Democrats Unveil Alternative Plan

2001-56

March 1, 2001

Update: FSC Repeal and Extraterritorial Income Exclusion Act

February 2001

Issue

Date

Subject

2001-55

February 28, 2001

IRS Postpones Hearing on Proposed Rules for Sourcing Income from International Communications, Ocean and Space Activities

2001-54

February 28, 2001

Legislative Update: President Bush's Fiscal Year 2002 Budget is Released

2001-53

February 26, 2001

Senate Energy Committee Chairman Presents Bill that Includes Energy Tax Incentives

2001-52

February 26, 2001

Proposed Section 894(c) Regulations Would Deny U.S. Treaty Benefits for Certain Payments by Domestic Reverse Hybrids

2001-51

February 22, 2001

IRS Provides Additional Guidance to Electing Small Business Trusts and Deemed Owners

2001-50

February 21, 2001

COLI Plan Held to Be "a Sham in Substance"

2001-49

February 20, 2001

Cash Method Banks May Automatically Change to Cash Method of Accounting for Stated Interest on Short-Term Loans

2001-48

February 19, 2001

IRS Releases Notices Concerning Installment Method Accounting, Costs Incurred on Aircraft Airframe Maintenance

2001-47

February 16, 2001

Tax Relief Debate Continues: How Much, For Whom, When

2001-46

February 15, 2001

Proposed Regulations Concerning Mid-Contract Change in Taxpayer Under Long-Term Contract Method of Accounting

2001-45

February 15, 2001

Proposed Changes to the Deposit Rules for Form 720 Excise Taxes

2001-44

February 14, 2001

Proposed Regulations Revise Definition of Income for Trust Purposes

2001-43

February 13, 2001

Legislative Update: House Ways and Means Holds Hearing on President's Tax Relief Plan

2001-42

February 12, 2001

Final Regulations on Purchase Price Allocations Are Issued

2001-41

February 12, 2001

IRS Releases Extraterritorial Income Exclusion Form and Instructions

2001-40

February 8, 2001

Legislative Update: President Bush Releases Agenda for Tax Relief

2001-39

February 2, 2001

Analysis: Influence of New CBO Budget Surplus Projections on Tax Legislation

2001-38

February 2, 2001

Legislative Update: President Bush, Congress Focus on Tax Agenda

January 2001

Issue

Date

Subject

2001-37

January 31, 2001

Dunn, Tanner Reintroduce Estate and Gift Tax Repeal

2001-36

January 31, 2001

IRS, Treasury Put Hold on Final Research Credit Regulations

2001-35

January 22, 2001

Bush Tax Plan Introduced in the Senate

2001-34

January 19, 2001

Revenue Procedure Provides an Election to Facilitate Substitution of Debt Instruments

2001-33

January 19, 2001

Revenue Procedure: Optional LIFO Inventory Method for Used Vehicles

2001-32

January 19, 2001

IRS Declares Exception from Tax Shelter Regulations for Certain Leasing Transactions

2001-31

January 19, 2001

IRS Releases Notice Concerning Contingent Liability Tax Shelters

2001-30

January 19, 2001

IRS Notice Addresses Intermediary Transactions Tax Shelters

2001-29

January 18, 2001

IRS Releases ESOP Guidance

2001-28

January 18, 2001

FICA and Federal Income Tax Withholding for ISOs and Section 423 Stock Options

2001-27

January 18, 2001

IRS Guidance on Inventory Accounting Treatment of Floor Stocks Payments

2001-26

January 17, 2001

Proposed Regulations: Hedging Transactions

2001-25

January 17, 2001

Proposed Rules Addressing Qualified Covered Call Options Are Issued

2001-24

January 17, 2001

Proposed Regulations Released Under Section 263(g) Concerning Rules for Straddles, Issuers of Debt Instruments

2001-23

January 16, 2001

Proposed Regulations: Interest-Free Adjustments Under Section 6205

2001-22

January 16, 2001

Proposed Regulations Address Partnership, Like-Kind Exchange and Check-the-Box Issues

2001-21

January 16, 2001

Proposed Rules Address Source of Income from Space and Ocean Activities, and of International Communications Income

2001-20

January 16, 2001

Proposed Regulations Address Explanation and Notification Requirements for Qualified Retirement Plans

2001-19

January 11, 2001

Guidance for Foreign-Issued Annuities Qualifying for the Annuity Exception to the OID Rules

2001-18

January 11, 2001

Proposed Regulations Released on Required Minimum Distribution Rules

2001-17

January 11, 2001

Proposed Regulations Revise Standards of Practice for Tax Practitioners

2001-16

January 11, 2001

Final OID Regulations Issued with Respect to Reopenings

2001-15

January 11, 2001

Proposed Regulations Take Aim at Foreign Governments, Banks Using Check-the-Box Rules

2001-14

January 10, 2001

Final Long-Term Contract Regulations Issued Under Section 460

2001-13

January 10, 2001

Proposed Regulations Under Section 367(b) Are Withdrawn, Temporary Regulations Finalized

2001-12

January 10, 2001

Final Regulations Address Contributions in Aid of Construction

2001-11

January 10, 2001

Guidance on Treatment of Split-Dollar Life Insurance Policies

2001-10

January 10, 2001

Euro Currency Conversion Rules Provide Guidance for U.S. Taxpayers Conducting Business in Europe

2001-09

January 10, 2001

Final Regulations Issued for Qualified Transportation Fringe Benefits

2001-08

January 9, 2001

Final COBRA Regulations Are Released

2001-07

January 9, 2001

Final Regulations Issued for Cafeteria Plans; Portion of Proposed Regulations Are Withdrawn

2001-06

January 5, 2001

Ways and Means Chairman, Subcommittee Chairs Are Selected and New Members Appointed

2001-05

January 4, 2001

Final Regulations Concerning Charitable Remainder Trusts and Charitable Lead Trusts Are Released

2001-04

January 4, 2001

Proposed Rules Address Transfer of Excess Assets of Defined Benefit Plans to Retiree Health Accounts

2001-03

January 4, 2001

Final Regulations Remove $2 Million Exception From Constant Rental Accrual Rules, and Make Other Clarifications

2001-02

January 3, 2001

Regulations Remove "Subject To" Language Under Section 301(b)(2)

2001-01

January 3, 2001

Final Regulations Address Partnership Mergers and Divisions

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