Internal Revenue Bulletin 2001-41 (PDF rendition): IRS Announcements

Preserve advance releases and the authoritative Internal Revenue Bulletin rendition; directory timestamps are file-publication metadata, not legal effective dates. HTML bulletins begin June 2003; earlier available issues require full PDF parsing. Whole bulletin rendition: numbered items are identified below; other legal material and publisher context remain included. This is not a new standalone advance release.

INCOME TAX
Rev. Rul. 2001–49, page 312.
Federal rates; adjusted federal rates; adjusted feder-
al long-term rate and the long-term exempt rate.For
purposes of sections 382, 1274, 1288, and other sections
of the Code, tables set forth the rates for October 2001.
Notice 2001–59, page 315.
Interest allocation.The IRS and the Treasury Department
are soliciting comments on the appropriate method for allo-
cating interest to certain types of financial positions that may
constitute integrated financial transactions.
Notice 2001–64, page 316.
This notice solicits comments concerning the scope and
substance of proposed regulations under section
707(a)(2)(B) of the Code. Comments must be received by
March 31, 2002.
EMPLOYEE PLANS
Announcement 2001–96, page 317.
The Service has issued a new form to be used by sponsors
of prototype simplified employee pensions (SEPs) and pro-
totype SIMPLE IRA plans to apply for opinion letters on these
documents. The new Form 5306-A, Application for Approval
of Prototype Simplified Employee Pension (SEP) or Savings
Incentive Match Plan for Employees of Small Employers (SIM-
PLE IRA Plan)
, will replace Form 5306-SEP.
EXEMPT ORGANIZATIONS
Announcement 2001–100, page 317.
A list is provided of organizations now classified as private
foundations.
EMPLOYMENT TAX
Page 314.
Railroad retirement; rate determination; quarterly.The
Railroad Retirement Board has determined that the rate of
tax imposed by section 3221 of the Code shall be 26 cents
for the quarter beginning October 1, 2001.
EXCISE TAX
Announcement 2001–98, page 317.
This announcement advises taxpayers who file Form 720,
Quarterly Federal Excise Tax Return, of the revised filing and
deposit requirements effective for calendar quarters begin-
ning after September 30, 2001.
Internal Revenue
bbuulllleettiinn
Bulletin No. 2001–41
October 9, 2001
HIGHLIGHTS
OF THIS ISSUE
These synopses are intended only as aids to the reader in
identifying the subject matter covered. They may not be
relied upon as authoritative interpretations.
Department of the Treasury
Internal Revenue Service
Finding Lists begin on page ii.

October 9, 20012001–41 I.R.B.
The Internal Revenue Bulletin is the authoritative instrument
of the Commissioner of Internal Revenue for announcing offi-
cial rulings and procedures of the Internal Revenue Service
and for publishing Treasury Decisions, Executive Orders, Tax
Conventions, legislation, court decisions, and other items of
general interest. It is published weekly and may be obtained
from the Superintendent of Documents on a subscription
basis. Bulletin contents are consolidated semiannually into
Cumulative Bulletins, which are sold on a single-copy basis.
It is the policy of the Service to publish in the Bulletin all sub-
stantive rulings necessary to promote a uniform application
of the tax laws, including all rulings that supersede, revoke,
modify, or amend any of those previously published in the
Bulletin. All published rulings apply retroactively unless other-
wise indicated. Procedures relating solely to matters of in-
ternal management are not published; however, statements
of internal practices and procedures that affect the rights
and duties of taxpayers are published.
Revenue rulings represent the conclusions of the Service on
the application of the law to the pivotal facts stated in the
revenue ruling. In those based on positions taken in rulings
to taxpayers or technical advice to Service field offices,
identifying details and information of a confidential nature
are deleted to prevent unwarranted invasions of privacy and
to comply with statutory requirements.
Rulings and procedures reported in the Bulletin do not have
the force and effect of Treasury Department Regulations,
but they may be used as precedents. Unpublished rulings
will not be relied on, used, or cited as precedents by Service
personnel in the disposition of other cases. In applying pub-
lished rulings and procedures, the effect of subsequent leg-
islation, regulations, court decisions, rulings, and proce-
dures must be considered, and Service personnel and oth-
ers concerned are cautioned against reaching the same con-
clusions in other cases unless the facts and circumstances
are substantially the same.
The Bulletin is divided into four parts as follows:
Part I.—1986 Code.
This part includes rulings and decisions based on provisions
of the Internal Revenue Code of 1986.
Part II.—Treaties and Tax Legislation.
This part is divided into two subparts as follows: Subpart A,
Tax Conventions and Other Related Items, and Subpart B,
Legislation and Related Committee Reports.
Part III.—Administrative, Procedural, and Miscellaneous.
To the extent practicable, pertinent cross references to
these subjects are contained in the other Parts and Sub-
parts. Also included in this part are Bank Secrecy Act Admin-
istrative Rulings. Bank Secrecy Act Administrative Rulings
are issued by the Department of the Treasury’s Office of the
Assistant Secretary (Enforcement).
Part IV.—Items of General Interest.
This part includes notices of proposed rulemakings, disbar-
ment and suspension lists, and announcements.
The first Bulletin for each month includes a cumulative index
for the matters published during the preceding months.
These monthly indexes are cumulated on a semiannual basis,
and are published in the first Bulletin of the succeeding semi-
annual period, respectively.
The IRS Mission
Provide America’s taxpayers top quality service by help-
ing them understand and meet their tax responsibilities
and by applying the tax law with integrity and fairness to
all.
Introduction
The contents of this publication are not copyrighted and may be reprinted freely. A citation of the Internal Revenue Bulletin as the source would be appropriate.
For sale by the Superintendent of Documents, U.S. Government Printing Office, Washington, DC 20402.

Section 42.—Low-Income
Housing Credit
The adjusted applicable federal short-term, mid-
term, and long-term rates are set forth for the month of
October 2001. See Rev. Rul. 2001–49, on this page.
Section 280G.—Golden
Parachute Payments
Federal short-term, mid-term, and long-term
rates are set forth for the month of October 2001.
See Rev. Rul. 2001–49, on this page.
Section 382.—Limitation on Net
Operating Loss Carryforwards
and Certain Built-In Losses
Following Ownership Change
The adjusted applicable federal long-term rate is
set forth for the month of October 2001. See Rev.
Rul. 2001–49, on this page.
Section 412.—Minimum Funding
Standards
The adjusted applicable federal short-term, mid-
term, and long-term rates are set forth for the month of
October 2001. See Rev. Rul. 2001–49, on this page.
Section 467.—Certain Payments
for the Use of Property or
Services
The adjusted applicable federal short-term, mid-
term, and long-term rates are set forth for the month of
October 2001. See Rev. Rul. 2001–49, on this page.
Section 468.—Special Rules for
Mining and Solid Waste
Reclamation and Closing Costs
The adjusted applicable federal short-term, mid-
term, and long-term rates are set forth for the month of
October 2001. See Rev. Rul. 2001–49, on this page.
Section 482.—Allocation of
Income and Deductions Among
Taxpayers
Federal short-term, mid-term, and long-term
rates are set forth for the month of October 2001.
See Rev. Rul. 2001–49, on this page.
Section 483.—Interest on
Certain Deferred Payments
The adjusted applicable federal short-term, mid-
term, and long-term rates are set forth for the month of
October 2001. See Rev. Rul. 2001–49, on this page.
Section 642.—Special Rules for
Credits and Deductions
Federal short-term, mid-term, and long-term
rates are set forth for the month of October 2001.
See Rev. Rul. 2001–49, on this page.
Section 807.—Rules for Certain
Reserves
The adjusted applicable federal short-term,
mid-term, and long-term rates are set forth for the
month of October 2001. See Rev. Rul. 2001–49,
on this page.
Section 846.—Discounted
Unpaid Losses Defined
The adjusted applicable federal short-term,
mid-term, and long-term rates are set forth for the
month of October 2001. See Rev. Rul. 2001–49,
on this page.
Section 882(c).—Allowance of
Deductions and Credits
The IRS and the Treasury Department are solicit-
ing comments on the appropriate method for allocat-
ing interest to certain types of financial positions
that may constitute integrated financial transactions.
See Notice 2001–59, page 315.
Section 1274.—Determination
of Issue Price in the Case of
Certain Debt Instruments Issued
for Property
(Also sections 42, 280G, 382, 412, 467, 468, 482,
483, 642, 807, 846, 1288, 7520, 7872.)
Federal Rates; adjusted federal
rates; adjusted federal long-term rate
and the long-term exempt rate.For pur-
poses of sections 382, 1274, 1288, and
other sections of the Code, tables set forth
the rates for October 2001.
Rev. Rul. 2001–49
This revenue ruling provides various
prescribed rates for federal income tax
purposes for October 2001 (the current
month). Table 1 contains the short-term,
mid-term, and long-term applicable fed-
eral rates (AFR) for the current month for
purposes of section 1274(d) of the Inter-
nal Revenue Code. Table 2 contains the
short-term, mid-term, and long-term ad-
justed applicable federal rates (adjusted
AFR) for the current month for purposes
of section 1288(b). Table 3 sets forth the
adjusted federal long-term rate and the
long-term tax-exempt rate described in
section 382(f). Table 4 contains the ap-
propriate percentages for determining the
low-income housing credit described in
section 42(b)(2) for buildings placed in
service during the current month. Finally,
Table 5 contains the federal rate for deter-
mining the present value of an annuity, an
interest for life or for a term of years, or a
remainder or a reversionary interest for
purposes of section 7520.
October 9, 20013122001–41 I.R.B.
Part I. Rulings and Decisions Under the Internal Revenue Code of 1986

REV. RUL. 2001–49 TABLE 1
Applicable Federal Rates (AFR) for October 2001
Period for Compounding
AnnualSemiannualQuarterlyMonthly
Short-Term
AFR3.58%3.55%3.53% 3.52%
110% AFR3.95%3.91%3.89%3.88%
120% AFR4.31%4.26%4.24%4.22%
130% AFR4.67%4.62%4.59%4.58%
Mid-Term
AFR4.59%4.54%4.51%4.50%
110% AFR5.05%4.99%4.96%4.94%
120% AFR5.52%5.45%5.41%5.39%
130% AFR5.99%5.90%5.86%5.83%
150% AFR6.93%6.81%6.75%6.72%
175% AFR8.11%7.95% 7.87%7.82%
Long-Term
AFR5.39% 5.32% 5.29%5.26%
110% AFR5.94%5.85%5.81%5.78%
120% AFR6.48%6.38%6.33%6.30%
130% AFR7.04%6.92%6.86%6.82%
2001–41 I.R.B.313October 9, 2001
REV. RUL. 2001–49 TABLE 2
Adjusted AFR for October 2001
Period for Compounding
AnnualSemiannualQuarterlyMonthly
Short-Term
adjusted AFR2.72%2.70%2.69%2.68%
Mid-term
adjusted AFR3.57%3.54%3.52%3.51%
Long-term
adjusted AFR4.71%4.66%4.63%4.62%
REV. RUL. 2001–49 TABLE 3
Rates Under Section 382 for October 2001
Adjusted federal long-term rate for the current month4.71%
Long-term tax-exempt rate for ownership changes during the current month (the highest of the adjusted
federal long-term rates for the current month and the prior two months.)4.94%
REV. RUL. 2001–49 TABLE 4
Appropriate Percentages Under Section 42(b)(2) for October 2001
Appropriate percentage for the 70% present value low-income housing credit8.16%
Appropriate percentage for the 30% present value low-income housing credit3.50%

REV. RUL. 2001–49 TABLE 5
Rate Under Section 7520 for October 2001
Applicable federal rate for determining the present value of an annuity, an interest for life or a term
of years, or a remainder or reversionary interest5.60%
October 9, 20013142001–41 I.R.B.
Section 1288.—Treatment of
Original Issue Discount on Tax-
Exempt Obligations
The adjusted applicable federal short-term, mid-
term, and long-term rates are set forth for the month
of October 2001. See Rev. Rul. 2001–49, page 312.
Section 3221.—Rate of Tax
Determination of Quarterly Rate
of Excise Tax for Railroad
Retirement Supplemental
Annuity Program
In accordance with directions in section
3221(c) of the Railroad Retirement Tax
Act (26 U.S.C., section 3221(c)), the
Railroad Retirement Board has deter-
mined that the excise tax imposed by such
section 3221(c) on every employer, with
respect to having individuals in his em-
ploy, for each work-hour for which com-
pensation is paid by such employer for
services rendered to him during the quar-
ter beginning October 1, 2001, shall be at
the rate of 26 cents.
In accordance with directions in section
15(a) of the Railroad Retirement Act of
1974, the Railroad Retirement Board has
determined that for the quarter beginning
October 1, 2001, 38.7 percent of the taxes
collected under sections 3211(b) and
3221(c) of the Railroad Retirement Tax
Act shall be credited to the Railroad Re-
tirement Account and 61.3 percent of the
taxes collected under such sections
3211(b) and 3221(c) plus 100 percent of
the taxes collected under section 3221(d)
of the Railroad Retirement Tax Act shall
be credited to the Railroad Retirement
Supplemental Account.
Dated September 14, 2001.
By Authority of the Board.
Beatrice Ezerski,
Secretary to the Board.
(Filed by the Office of the Federal Register on Sep-
tember 20, 2001, 8:45 a.m., and published in the
issue of the Federal Register for September 21,
2001, 66 F.R. 48721)
Section 7520.—Valuation Tables
The adjusted applicable federal short-term, mid-
term, and long-term rates are set forth for the month
of October 2001. See Rev. Rul. 2001–49, page 312.
Section 7872.—Treatment of
Loans With Below-Market
Interest Rates
The adjusted applicable federal short-term, mid-
term, and long-term rates are set forth for the month
of October 2001. See Rev. Rul. 2001–49, page 312.

2001–41 I.R.B.315October 9, 2001
Request for Comments on
Regulations That May Be
Adopted on Interest Allocation.
Notice 2001–59
SECTION 1. PURPOSE
This notice requests comments on
whether the interest expense allocation
and apportionment rules of §§1.861–9T,
1.861–10T, and 1.882–5 of the Income
Tax Regulations should be modified to
provide integrated treatment (such as net-
ting of interest expense and income
and/or assets and liabilities) of certain fi-
nancial transactions.
SECTION 2. THE INTEREST
EXPENSE ALLOCATION RULES OF
SECTIONS 864(e) AND 882(c)(1)(A)
Section 864(e) requires taxpayers that are
members of an affiliated group to allocate
and apportion interest expense as if all
members of such group are a single corpo-
ration, and based on assets rather than gross
income. The basic approach of the interest
allocation rules is that because money is
fungible, most borrowing contributes to the
financing of all of an affiliated group’s ac-
tivities and property. Thus, gross interest
expense generally is allocated based on all
the assets of an affiliated group, regardless
of the specific purpose for any particular
borrowing. See§1.861–9T(a).
Section 882(c)(1)(A) provides that a
foreign corporation engaged in a trade
or business within the United States is
allowed deductions in computing its tax
liability under §11 only to the extent that
the deductions are connected with the
conduct of such trade or business. Sec-
tion 882(c)(1)(A) further provides that
the proper allocation and apportionment
of deductions for this purpose shall be
determined as provided in regulations
prescribed by the Secretary. Pursuant to
§1.882–5(a)(1)(i), foreign corporations
must apply the interest expense alloca-
tion rules of §1.882–5, rather than those
of §1.861–9T, to determine the amount
of interest expense that is deductible
under §882(c)(1)(A). The interest allo-
cation rules of §1.882–5, like the rules
of §1.861–9T, allocate interest expense
based on the value of assets.
Although interest expense generally is
allocated and apportioned based on all as-
sets, §864(e)(7)(B) provides that the Sec-
retary shall prescribe regulations as may
be necessary and appropriate to carry out
the purposes of such section, including
regulations providing for the direct allo-
cation of interest expense incurred to
carry out an “integrated financial transac-
tion” to any interest (or interest-type in-
come) derived from such transaction. See
alsoJoint Committee on Taxation, Gen-
eral Explanation of the Tax Reform Act of
1986, 99th Cong., 2nd Sess. 948 (1987)
(“In the case of an integrated financial
transaction such as a debt-financed acqui-
sition of foreign currency debt obligations
or similar arbitrage transactions, the Act
authorizes the Secretary to provide for the
direct allocation of interest expense in-
curred on funds borrowed to acquire these
assets against income from the assets in-
volved in the integrated transaction, if ap-
propriate.”) Sections 1.861–10T(c) and
1.882–5(a)(1)(ii) provide for direct allo-
cation of interest expense on a borrowing
to income generated by an asset if certain
conditions are met. The value of any
asset to which interest expense is directly
allocated under these rules then is reduced
to take into account the principal amount
of the indebtedness to which the directly
allocated interest relates (for purposes of
applying the general rules for the alloca-
tion and apportionment of interest ex-
pense not subject to the direct allocation
rules). See§§1.861–10T(d)(2), 1.861
–9T(g)(2)(iii), and 1.882–5(a)(1)
(ii)(A). These rules for integrated finan-
cial transactions do not apply, however, to
interest expense and indebtedness of a “fi-
nancial services entity” as that term is de-
fined in §1.904–4(e)(3). See§1.861
–10T(c)(2)(vi).
SECTION 3. RELATED FINANCIAL
INSTRUMENTS
Treasury and the Service are consider-
ing whether to provide, in certain cir-
cumstances, for the direct allocation of
interest expense to income and for ad-
justments to the value of assets to reflect
directly allocated liabilities. Such cir-
cumstances may include situations in
which a taxpayer holds financial instru-
ments that, although formally separate,
are economically closely related. One
possible example is the case of a finan-
cial institution that maintains a matched
book of securities repurchase (repo) and
reverse repurchase (reverse repo) trans-
actions, which are treated as secured
loans that give rise to interest expense
(in a repo) and interest income (in a re-
verse repo) for federal tax purposes.
See, e.g., Rev. Rul. 74–27 (1974–1 C.B.
24). Similar issues may arise in the case
of other financial instruments, including
instruments that do not produce interest
expense or interest-type income, but for
which netting of the assets and the liabil-
ities may be appropriate (e.g.notional
principal contracts).
SECTION 4. REQUEST FOR
COMMENTS
Comments are requested on whether
§§1.861–9T, 1.861–10T, and 1.882–5
should be modified to apply integrated
treatment (such as netting of interest ex-
pense and income and/or assets and liabil-
ities) to other financial transactions and, if
so, the circumstances in which such inte-
grated treatment should apply. In particu-
lar, comments are requested on: (1)
whether the rules for integrated financial
transactions in §1.861–10T(c) should be
made applicable to financial services enti-
ties; (2) whether the definition of an inte-
grated financial transaction should be ex-
panded; (3) the criteria that should apply
in determining whether financial transac-
tions are sufficiently related to make inte-
grated treatment appropriate; and (4) the
administrative and record keeping re-
quirements that may be appropriate.
Comments also are requested regarding
whether an integrated or similar approach
for related financial transactions is appro-
priate under other provisions of the Code.
See, e.g., §1.1296–6(i) of the Proposed
Income Tax Regulations.
SECTION 5. SUBMISSION OF
COMMENTS
Taxpayers may submit comments to:
CC:ITA:RU (OGI-130836-01), Room
5226, Internal Revenue Service, POB
7604, Ben Franklin Station, Washington,
DC 20044. Submissions may be hand de-
Part III. Administrative, Procedural, and Miscellaneous

livered between the hours of 8 a.m. and
5 p.m. to CC:ITA:RU (OGI-130836-01),
Courier’s Desk, Internal Revenue Ser-
vice, 1111 Constitution Avenue NW,
Washington, DC. Alternatively, taxpayers
may submit comments electronically via
the Internet by submitting comments di-
rectly to the IRS Internet site at
http://www.irs.gov/tax_regs/regslist.html.
DRAFTING INFORMATION
The principal author of this notice is
Kenneth Christman of the Office of Asso-
ciate Chief Counsel (International).
However, other personnel from the IRS
and Treasury Department participated in
its development. For further information
regarding this notice, contact Kenneth
Christman at (202) 622-3870 (not a toll-
free call).
Disguised Sales of Partnership
Interests—Request for Comments
Notice 2001–64
The Internal Revenue Service and the
Treasury Department are considering is-
suing proposed regulations under
§ 707(a)(2)(B) of the Internal Revenue
Code relating to disguised sales of part-
nership interests. As part of this consider-
ation, comments are being solicited con-
cerning the scope and substance of this
guidance.
Effective April 24, 1991, the Service
and Treasury issued final regulations
adding new regulations § 1.707–0 and
§ 1.707–2 through § 1.707–9 to the In-
come Tax Regulations (26 CFR part 1)
under section 707(a)(2). These regula-
tions apply to transfers described in
§ 707(a)(2)(A) and (B). Section 1.707–7
was reserved for rules on disguised sales
of partnership interests.
The legislative history of § 707(a)(2)
indicates that the provision was adopted as
a result of Congress’ concern that taxpay-
ers were deferring or avoiding tax on sales
of partnership property, including sales of
partnership interests, by characterizing
sales as contributions of property, includ-
ing money, followed or preceded by a re-
lated partnership distribution. See H.R.
Rep. No. 861, 98th Cong., 2nd Sess. 861
(1984), 1984–3 (Vol. 2) C.B. 115. Specif-
ically, Congress was concerned about
court decisions that allowed tax-free treat-
ment in cases that were economically in-
distinguishable from sales of property to a
partnership or another partner and be-
lieved that these transactions should be
treated for tax purposes in a manner con-
sistent with their underlying economic
substance. See H.R. Rep. No. 432, 98th
Cong., 2nd Sess. 1218 (1984), and S. Prt.
No. 169 (Vol. I), 98th Cong., 2nd Sess.
225 (1984) (discussing Communications
Satellite Corp. v. United States, 625 F.2d
997 (Ct. Cl. 1980), and Jupiter Corp. v.
United States, 2 Cl. Ct. 58 (1983), both of
which involved the disguised sale of a
partnership interest).
Comments are requested on the scope
and substance of guidance concerning
disguised sales of partnership interests,
including any applicable safe harbors or
exceptions. Prior to the issuance of regu-
lations, the determination of whether a
transaction is a disguised sale of a part-
nership interest under § 707(a)(2)(B) is to
be made on the basis of the statute and its
legislative history.
Direct all written comments to Internal
Revenue Service, Attn: CC:MSP:R
(NT 2001–64), Room 5228, CC:PSI:01,
P.O. Box 7604, Ben Franklin Station,
Washington, DC 20044. In the alterna-
tive, comments may be hand delivered
between the hours of 8:00 a.m. and 5:00
p.m. to the courier’s desk at 1111 Consti-
tution Avenue, NW, Washington, DC, or
submitted electronically to: Notice.Com-
ments@m1.irs.cousel.treas.gov.Please
submit comments by March 31, 2002. All
submissions will be open to public in-
spection.
The principal author of this notice is
Carolyn Gray of the Office of the Associ-
ate Chief Counsel (Passthroughs & Spe-
cial Industries). For further information
regarding this notice, contact Carolyn
Gray at (202) 622-3050 (not a toll-free
call).
October 9, 20013162001–41 I.R.B.

New Form 5306-A, Application
for Approval of Prototype
Simplified Employee Pension
(SEP) or Savings Incentive
Match Plan for Employees of
Small Employers (SIMPLE IRA
Plan)
Announcement 2001–96
New Form 5306-A is now available for
immediate use. The new form is to be
used by sponsors of prototype simplified
employee pensions (SEPs) and prototype
SIMPLE IRA plans to apply for opinion
letters on these documents. Form 5306-A
replaces Form 5306-SEP, Application for
Approval of Prototype Simplified Em-
ployee Pension - SEP. The Service will
continue to accept applications submitted
using Form 5306-SEP until December 31,
2001.
The Service will not issue opinion let-
ters covering EGTRRA changes to SEPs
and SIMPLE IRA plans until further no-
tice.
You can obtain Form 5306-A by tele-
phone or by using IRS electronic informa-
tion services.
Request byNumber or address
Telephone 1-800-TAX-FORM
(1-800-829-3676)
Personal computer:
IRS Web Sitewww.irs.gov
File transfer protocolftp.irs.gov
Changes to the Requirements
for Excise Tax Returns,
Payments, and Deposits,
Effective for Calendar Quarters
Beginning After September 30,
2001
Announcement 2001–98
Purpose
The IRS has issued final regulations on
the requirements for excise tax returns,
payments, and deposits, effective for cal-
endar quarters beginning after September
30, 2001. This announcement is to advise
taxpayers who file Form 720, Quarterly
Federal Excise Tax Return, of the revised
filing and deposit requirements. These
changes will be reflected on the 4th quar-
ter Form 720 and its instructions.
Filing Dates
All Forms 720 must be filed by the last
day of the month following the quarter for
which the return is made. The returns are
due by April 30, July 31, October 31, and
January 31. The one-month filing exten-
sion that was allowed for returns relating
to communications, air transportation,
and ozone-depleting chemicals has been
eliminated.
Deposit Threshold
No deposit is required for taxes listed
in Part I of Form 720 if the net tax liabil-
ity does not exceed $2,500 for the quarter.
The threshold previously was $2,000.
Deposit Dates
One deposit rule applies for all taxes
other than those deposited under the alter-
native method. There are two methods
under which deposits can be made: The
regular method and the alternative
method. The classes of tax, which were
referred to as the 9-day rule, 14-day rule,
and 30-day rule, have been eliminated.
Under the regular method, deposits
for a semimonthly period are due by the
14th day of the following semimonthly
period. Generally, this is the 29th day of
the month for the first semimonthly pe-
riod and the 14th day of the following
month for the second semimonthly pe-
riod. If the 14th day is a Saturday, Sun-
day, or legal holiday, the deposit is due
the immediately precedingday that is
not a Saturday, Sunday, or legal holiday.
There is no change to deposit dates for
taxes deposited under the alternative
method.
Amount To Deposit and Safe Harbor
Rules
In general, the deposit of tax for each
semimonthly period must be at least 95%
of the amount of net tax liability incurred
during the semimonthly period. This re-
places the requirement to deposit 100% of
the net tax liability and the current liabil-
ity safe harbor rule. The look-back quarter
liability safe harbor rule still applies.
Foundations Status of Certain
Organizations
Announcement 2001–100
The following organizations have
failed to establish or have been unable to
maintain their status as public charities or
as operating foundations. Accordingly,
grantors and contributors may not, after
this date, rely on previous rulings or des-
ignations in the Cumulative List of Orga-
nizations (Publication 78), or on the pre-
sumption arising from the filing of notices
under section 508(b) of the Code. This
listing does notindicate that the organiza-
tions have lost their status as organiza-
tions described in section 501(c)(3), eligi-
ble to receive deductible contributions.
Former Public Charities.The follow-
ing organizations (which have been
treated as organizations that are not pri-
vate foundations described in section
509(a) of the Code) are now classified as
private foundations:
20th Century Unlimited, Santa Fe, NM
ABM Sports, Inc., Austin, TX
Academy of Restaurant Training, Inc.,
Bala Cynwyd, PA
Acadian Centre Acadien, Inc.,
Abbeville, LA
Acadiana Soccer Association, Inc.,
Opelousas, LA
Access Information Fund, Inc.,
White Plains, NY
Activecare, Inc., Moriarty, NM
Adoption Information Foundation,
Tulsa, OK
African American Scholarship
Foundation, New Orleans, LA
African and African American Business
Foundation, Gary, IN
African and American Organization
Corporation, Bronx, NY
African Queens Community Foundation,
Inc., Austin, TX
Agape Community Health Services, Inc.,
Monroe, LA
Albert H. and Constance Saunders
Foundation, Silver Spring, MD
Alliance for Medical Care,
Great Falls, VA
2001–41 I.R.B.317October 9, 2001
Part IV. Items of General Interest

American Boxer Rescue Association,
Tulsa, OK
American Computer Education, Inc.,
Lucas, OH
Americas Theatre Group Corp.,
Coral Gables, FL
Art & Understanding, Inc., Albany, NY
Arts India Council, Baton Rouge, LA
Augustus Straker Bar Foundation,
Troy, MI
Austin Great Wall Chinese School
AGCS, Austin, TX
Barron Foundation, Los Angeles, CA
Bay Area Female Executives
Association, Corpus Christi, TX
Bella Vista Public Library Foundation,
Bella Vista, AR
BFL Foundation, Oceanside, CA
Bienville Foundation, New Orleans, LA
BioSafe Donor Registry, Inc.,
Lake Forest, IL
Biscayne Bay Foundation, Inc.,
Coconut Grove, FL
Boys & Girls Club of the Choctaw
Nation, Inc., Talihina, OK
Brother to Brother, Beaumont, TX
Caribbean-American Educational
Foundation, Del City, OK
Caring Hands of Central Louisiana, Inc.,
Alexandria, LA
Caring Strokes, Inc., Los Angeles, CA
Carl Albert Foundation,
Oklahoma City, OK
Catholic Scholarship Fund, Inc.,
Kenner, LA
CCCarts, Inc., Oklahoma City, OK
Centex Club 12, Inc., Waco, TX
Central Oklahoma Clinical Forensic
Consultants, Inc., Oklahoma City, OK
Centro Chicano, Inc., El Paso, TX
Choctaws for Democracy, Inc.,
Antlers, OK
Christ is Lord Child Care Food Program,
Baton Rouge, LA
Christian Family Development
Association, Clinton, OK
Citizens Programs Corporation,
Boston, MA
Claras Little Lambs Preschool Academy,
Inc., New Orleans, LA
Clark Trails Associations, Inc.,
Otisco, IN
Claud Gill Arena Association,
Duncan, OK
Colorado Preservation Housing
Corporation, Greeley, CO
Comanche Cultural Compact, Inc.,
Apache, OK
Community in Schools of Oklahoma,
Inc., Shawnee, OK
Community Visions Unlimited,
New Orleans, LA
Conservation Foundation for Polk
County, Inc., West Des Moines, IA
Crosslink, Inc., Bryan, TX
Cuero New Generation Community
Theatre, Cuero, TX
Cypress Black Bayou Zoological
Association Garden, Inc., Benton, LA
Dawn, Inc., Baton Rouge, LA
Deaf Culture Project, Cleveland, OH
Decision Healthcare, Baton Rouge, LA
Dolby Providers, Inc., New Orleans, LA
Double Eagle Resources Development
Corporation, El Paso, TX
Downtown Jacksonville, Inc.,
Jacksonville, AR
Drug-Free Wimberley, Inc.,
Wimberley, TX
East Harlem Renewal Homes-Housing
Development Fund Company, Inc.,
Hellgate Station, NY
Eastwood Area Community Development
Corporation, Houston, TX
EcoTelesis International, Inc.,
Agoura Hills, CA
El Paso Hispanic Chamber of Commerce
Educational Development, El Paso, TX
El Shaddai Enterprises, Los Angeles, CA
End-Time Christian Evangelical Ministry,
Bensalem, PA
End Time Messengers, Inc., Adair, OK
Endwar, Olympia, WA
Environmental Education Institute, Inc.,
Tampa, FL
Ernest Kelly Outreach, Inc., Midway, GA
E.T.W. Ministries, Inc., Tulsa, OK
Exodus 20, Pueblo, CO
Expect a Miracle Foundation,
Dana Point, CA
Eye Light Publishing, Inc.,
Minneapolis, MN
Faith Hope & Love Ministries, Inc.,
Norman, OK
Faith Ministries, Inc., Baton Rouge, LA
Family Life Community, Inc.,
Abbeville, LA
Family Making, Pleasanton, CA
Feather Awards, Inc., Mission Viejo, CA
Feed-A-Child, Inc., New Orleans, LA
Foresight Affordable Housing-Vineland,
Inc., Rockville, MD
Four Pines Care and Transitional Center,
Inc., Houston, TX
Free Spirit Community Development
Corporation, New Orleans, LA
Friends for Waialua Town, Waialua, HI
Friends in Unity Social, Tulsa, OK
Friends of the Shin Enkan, Inc.,
Bartlesville, OK
Friends of Yerevan State University,
Farmington Hills, MI
Friendship Relief, Inc., San Antonio, TX
Gabriel Assistance Ministries, Inc.,
Victoria, TX
Gamma Rho International Educational
Foundation, Inc., Tallahassee, FL
Gateway Vocational and Restoration
Center, Carson, CA
Geary Avenue Homeless Mission, Inc.,
Oklahoma City, OK
Geronimo Monument, Incorporated,
Portal, AZ
Global One, Casa Grande, AZ
Gods Monument Bible Excursion World
USA, Phillipsburg, NJ
Gods News Publications,
Channelview, TX
Goldbeck Towers Good Samaritan
Housing, Inc., Sioux Falls, SD
Golden Rule Clothes Closet & More,
Ft. Smith, AR
Gonzales Independence Homes, Inc.,
San Antonio, TX
Grass Roots Investments, Inc.,
New Orleans, LA
Greater New Orleans Health Center,
New Orleans, LA
Greater Trinity Christian Learning
Academy, Everett, WA
Green Country Assistance Program, Inc.,
Porter, OK
Gujarati Samaj of Oklahoma, Inc.,
Oklahoma City, OK
Healthy Lifestyles, Inc., Shreveport, LA
Heartland of America Fund, Inc.,
Oklahoma City, OK
Heartland Sailing Foundation,
Oklahoma City, OK
Heartland Volunteers Recognition
Association, Oklahoma City, OK
Helping Hands in Hardin, Inc.,
Hardin, MT
Helpline Soul Rescue Ministry, Inc.,
Baldwin, NY
Highway Dog Animal Help, Inc.,
Riesel, TX
Hunter’s Brotherhood Alumni Alumnae,
Inc., New Orleans, LA
In the Mighty Name of Jesus Christ
Ministry, Cleveland, OH
Incarcerated Hearts, Corpus Christi, TX
Indo American Charities, Inc.,
Vidalia, GA
October 9, 20013182001–41 I.R.B.

Institute for Community Development,
Inc., Silver Spring, MD
Institute for Inner Peace, Maryville, IL
Institute for Substainable Power, Inc.,
Highlands Ranch, CO
Interagency Commission for Youth, Inc.,
Pine Bluff, AR
Interfaith Volunteer Caregivers of
Southwest Louisiana, Inc.,
Lake Charles, LA
International Aviation Ministry, Inc.,
Tulsa, OK
International Film Fund,
Broken Arrow, OK
Iranian Cultural Community of Austin,
Inc., Austin, TX
Jacksonville Chamber Foundation, Inc.,
Little Rock, AR
James H. Young Foundation for the
Support of Experimental Therapies,
Harahan, LA
Kansas Little League, Incorporated,
Kansas, OK
Kenner Club, Inc., Kenner, LA
Kent House, Inc., New Orleans, LA
Lafayette Youth Organization,
Lafayette, LA
LHM, Inc., Shreveport, LA
McCurtain County Bar Association
Scholarship Fund, Inc., Idabel, OK
Mother Goose Day Care, Inc.,
Natchez, MS
Muscle Music, Inc., Austin, TX
Nana Kwadwo Adu II Foundation for
Ghana, New Orleans, LA
National Guard Association of OK
Scholarship Foundation, Inc.,
Oklahoma City, OK
New Life Mens Ministries, Inc.,
Broken Arrow, OK
New Mummers Repertory, Inc.,
Oklahoma City, OK
New Orleans Area Literacy Coalition,
Inc., New Orleans, LA
New Orleans Center for Living, Inc.,
New Orleans, LA
New Orleans Sister Cities, Inc.,
Mandeville, LA
New Year Coalition, New Orleans, LA
Nigerian Union Tulsa, Incorporated,
Tulsa, OK
Oklahoma Center for Grief and Loss and
Life Transition, Inc., Oklahoma City, OK
Oklahoma Code Enforcement
Association, Del City, OK
Oklahoma Emergency Medical
Technicians Association Foundation,
Tulsa, OK
Oklahoma Oil & Gas Museum, Inc.,
Yukon, OK
Oklahoma Railway Heritage Association,
Inc., Oklahoma City, OK
Old Sallisaw High School Association,
Sallisaw, OK
Ouachita Valley Heritage Museum and
Society, W. Monroe, LA
Pioneer Technology Center Foundation,
Inc., Ponca City, OK
Project Mobilization International, Inc.,
Bixby, OK
Rae Valley School, Burton, TX
Randolph Drug Abuse Resistance
Education, Randolph AFB, TX
Rauch, Inc., New Orleans, LA
Real Life Ministries, San Antonio, TX
Recycled Computers for Kids, Inc.,
Baton Rouge, LA
Riviera Volunteer Fire Dept., Inc.,
Riviera, TX
Roots and Wings Foundation,
Oklahoma City, OK
Saving Kids Unlimited, Inc.,
New Orleans, LA
Seekers of Wisdom, Inc.,
Oklahoma City, OK
Slidell Liver Support Group, Inc.,
Slidell, LA
South Side Community Improvement
Association, Inc., Monroe, LA
Southern Providers, Inc., Harvey, LA
Southside Restoration, Inc., Jennings, LA
Southwestern Louisiana Homeless
Coalition, Inc., Lake Charles, LA
Sports Club of Jennings, Jennings, LA
SSAFE Foundation, Shawnee, OK
St. Bernard Community Outreach,
Violet, LA
St. Martin Deporres Ministry for the
Poor, New Orleans, LA
Star Medical Transportation, Inc.,
Athens, LA
Sue Eakin Institute for the Study of
Plantation Life, Inc., Palmetto, LA
Suno School of Social Work Graduate
Alumni, Inc., New Orleans, LA
Taking Action, Incorporated, Austin, TX
Teen Town Council, Inc., Vinita, OK
Temple of Truth of the Gospel of Jesus
Christ of the Apostolic Faith, Inc.,
Broken Arrow, OK
Thrift Town, Llano, TX
Tots Day Care and Preschool, Inc.,
New Orleans, LA
Treme Historical Development
Corporation, New Orleans, LA
Tulsa Area Aquatic Alliance, Inc.,
Tulsa, OK
Tulsa Senior Citizens Center for the
Deaf, Inc., Tulsa, OK
Vacherie Youth Organization,
Vacherie, LA
Virginia Miniex Memorial Scholarship
Fund, Lafayette, LA
Vision Evangelism, Inc., Tulsa, OK
Wagoner Band Booster Club,
Wagoner, OK
Webb Alliance, Inc., San Antonio, TX
Webbers Falls Historical Society
Museum, Webbers Falls, OK
WINGS Youth Outreach, Mission, TX
Working Womens Money University,
Oklahoma City, OK
Youth Haven, Inc., Laredo, TX
Zion Hill Development Education Center,
Grambling, LA
Zion Human Resources and Development
Corporation, New Orleans, LA
Zion Travelers Baptist Church Outreach
Ministries, Inc., Reserve, LA
If an organization listed above sub-
mits information that warrants the re-
newal of its classification as a public
charity or as a private operating founda-
tion, the Internal Revenue Service will
issue a ruling or determination letter
with the revised classification as to
foundation status. Grantors and contrib-
utors may thereafter rely upon such rul-
ing or determination letter as provided
in section 1.509(a)–7 of the Income Tax
Regulations. It is not the practice of the
Service to announce such revised classi-
fication of foundation status in the Inter-
nal Revenue Bulletin.
2001–41 I.R.B.319October 9, 2001

October 9, 2001i2001–41 I.R.B.
Revenue rulings and revenue procedures
(hereinafter referred to as “rulings”)
that have an effect on previous rulings
use the following defined terms to de-
scribe the effect:
Amplified describes a situation where
no change is being made in a prior pub-
lished position, but the prior position is
being extended to apply to a variation of
the fact situation set forth therein. Thus,
if an earlier ruling held that a principle
applied to A, and the new ruling holds
that the same principle also applies to B,
the earlier ruling is amplified. (Compare
with modified, below).
Clarified is used in those instances
where the language in a prior ruling is
being made clear because the language
has caused, or may cause, some confu-
sion. It is not used where a position in a
prior ruling is being changed.
Distinguisheddescribes a situation
where a ruling mentions a previously
published ruling and points out an essen-
tial difference between them.
Modified is used where the substance
of a previously published position is
being changed. Thus, if a prior ruling
held that a principle applied to A but not
to B, and the new ruling holds that it ap-
plies to both A and B, the prior ruling is
modified because it corrects a published
position. (Compare with amplified and
clarified, above).
Obsoleted describes a previously pub-
lished ruling that is not considered deter-
minative with respect to future transac-
tions. This term is most commonly used
in a ruling that lists previously published
rulings that are obsoleted because of
changes in law or regulations. A ruling
may also be obsoleted because the sub-
stance has been included in regulations
subsequently adopted.
Revoked describes situations where the
position in the previously published rul-
ing is not correct and the correct position
is being stated in the new ruling.
Superseded describes a situation where
the new ruling does nothing more than
restate the substance and situation of a
previously published ruling (or rulings).
Thus, the term is used to republish under
the 1986 Code and regulations the same
position published under the 1939 Code
and regulations. The term is also used
when it is desired to republish in a single
ruling a series of situations, names, etc.,
that were previously published over a pe-
riod of time in separate rulings. If the
new ruling does more than restate the
substance of a prior ruling, a combination
of terms is used. For example, modified
and superseded describes a situation
where the substance of a previously pub-
lished ruling is being changed in part and
is continued without change in part and it
is desired to restate the valid portion of
the previously published ruling in a new
ruling that is self contained. In this case
the previously published ruling is first
modified and then, as modified, is super-
seded.
Supplemented is used in situations in
which a list, such as a list of the names of
countries, is published in a ruling and
that list is expanded by adding further
names in subsequent rulings. After the
original ruling has been supplemented
several times, a new ruling may be pub-
lished that includes the list in the original
ruling and the additions, and supersedes
all prior rulings in the series.
Suspended is used in rare situations to
show that the previous published rulings
will not be applied pending some future
action such as the issuance of new or
amended regulations, the outcome of
cases in litigation, or the outcome of a
Service study.
Abbreviations
The following abbreviations in current use and for-
merly used will appear in material published in the
Bulletin.
A—Individual.
Acq.—Acquiescence.
B—Individual.
BE—Beneficiary.
BK—Bank.
B.T.A.—Board of Tax Appeals.
C—Individual.
C.B.—Cumulative Bulletin.
CFR—Code of Federal Regulations.
CI—City.
COOP—Cooperative.
Ct.D.—Court Decision.
CY—County.
D—Decedent.
DC—Dummy Corporation.
DE—Donee.
Del. Order—Delegation Order.
DISC—Domestic International Sales Corporation.
DR—Donor.
E—Estate.
EE—Employee.
E.O.—Executive Order.
ER—Employer.
ERISA—Employee Retirement Income Security
Act.
EX—Executor.
F—Fiduciary.
FC—Foreign Country.
FICA—Federal Insurance Contributions Act.
FISC—Foreign International Sales Company.
FPH—Foreign Personal Holding Company.
F.R.—Federal Register.
FUTA—Federal Unemployment Tax Act.
FX—Foreign Corporation.
G.C.M.—Chief Counsel’s Memorandum.
GE—Grantee.
GP—General Partner.
GR—Grantor.
IC—Insurance Company.
I.R.B.—Internal Revenue Bulletin.
LE—Lessee.
LP—Limited Partner.
LR—Lessor.
M—Minor.
Nonacq.—Nonacquiescence.
O—Organization.
P—Parent Corporation.
PHC—Personal Holding Company.
PO—Possession of the U.S.
PR—Partner.
PRS—Partnership.
PTE—Prohibited Transaction Exemption.
Pub. L.—Public Law.
REIT—Real Estate Investment Trust.
Rev. Proc.—Revenue Procedure.
Rev. Rul.—Revenue Ruling.
S—Subsidiary.
S.P.R.—Statements of Procedural Rules.
Stat.—Statutes at Large.
T—Target Corporation.
T.C.—Tax Court.
T.D.—Treasury Decision.
TFE—Transferee.
TFR—Transferor.
T.I.R.—Technical Information Release.
TP—Taxpayer.
TR—Trust.
TT—Trustee.
U.S.C.—United States Code.
X—Corporation.
Y—Corporation.
Z—Corporation.
Definition of Terms

2001–41 I.R.B.iiOctober 9, 2001
Numerical Finding List
1
Bulletins 2001–27 through 2001–40
Announcements:
2001–69, 2001–27 I.R.B. 23
2001–70, 2001–27 I.R.B. 23
2001–71, 2001–27 I.R.B. 26
2001–72, 2001–28 I.R.B. 39
2001–73, 2001–28 I.R.B. 40
2001–74, 2001–28 I.R.B. 40
2001–75, 2001–28 I.R.B. 42
2001–76, 2001–29 I.R.B. 67
2001–77, 2001–30 I.R.B. 83
2001–78, 2001–30 I.R.B. 87
2001–79, 2001–31 I.R.B. 97
2001–80, 2001–31 I.R.B. 98
2001–81, 2001–33 I.R.B. 175
2001–82, 2001–32 I.R.B. 123
2001–83, 2001–35 I.R.B. 205
2001–84, 2001–35 I.R.B. 206
2001–85, 2001–36 I.R.B. 219
2001–86, 2001–35 I.R.B. 207
2001–87, 2001–35 I.R.B. 208
2001–88, 2001–36 I.R.B. 220
2001–89, 2001–38 I.R.B. 291
2001–90, 2001–35 I.R.B. 208
2001–91, 2001–36 I.R.B. 221
2001–92, 2001–39 I.R.B. 301
2001–94, 2001–39 I.R.B. 303
2001–95, 2001–39 I.R.B. 303
2001–97, 2001–40 I.R.B. 310
Court Decisions:
2070, 2001–31 I.R.B. 90
Notices:
2001–39, 2001–27 I.R.B. 3
2001–41, 2001–27 I.R.B. 2
2001–42, 2001–30 I.R.B. 70
2001–43, 2001–30 I.R.B. 72
2001–44, 2001–30 I.R.B. 77
2001–45, 2001–33 I.R.B. 129
2001–46, 2001–32 I.R.B. 122
2001–47, 2001–36 I.R.B. 212
2001–48, 2001–33 I.R.B. 130
2001–49, 2001–34 I.R.B. 188
2001–50, 2001–34 I.R.B. 189
2001–51, 2001–34 I.R.B. 190
2001–52, 2001–35 I.R.B. 203
2001–53, 2001–37 I.R.B. 225
2001–54, 2001–37 I.R.B. 225
2001–55, 2001–39 I.R.B. 299
2001–56, 2001–38 I.R.B. 277
2001–57, 2001–38 I.R.B. 279
2001–58, 2001–39 I.R.B. 299
2001–60, 2001–40 I.R.B. 304
2001–61, 2001–40 I.R.B. 305
2001–62, 2001–40 I.R.B. 307
2001–63, 2001–40 I.R.B. 308
Proposed Regulations:
REG–110311–98, 2001–35 I.R.B. 204
REG–106917–99, 2001–27 I.R.B. 4
REG–103735–00, 2001–35 I.R.B. 204
REG–103736–00, 2001–35 I.R.B. 204
REG–100548–01, 2001–29 I.R.B. 67
REG–106431–01, 2001–37 I.R.B. 272
Railroad Retirement Quarterly Rates:
2001–27, I.R.B. 1
Revenue Procedures:
2001–39, 2001–28 I.R.B. 38
2001–40, 2001–33 I.R.B. 130
2001–41, 2001–33 I.R.B. 173
2001–42, 2001–36 I.R.B. 212
2001–43, 2001–34 I.R.B. 191
2001–44, 2001–35 I.R.B. 203
2001–45, 2001–37 I.R.B. 227
2001–46, 2001–37 I.R.B. 263
2001–48, 2001–40 I.R.B. 308
2001–49, 2001–39 I.R.B. 300
Revenue Rulings:
2001–30, 2001–29 I.R.B. 46
2001–33, 2001–32 I.R.B. 118
2001–34, 2001–28 I.R.B. 31
2001–35, 2001–29 I.R.B. 59
2001–36, 2001–32 I.R.B. 119
2001–37, 2001–32 I.R.B. 100
2001–38, 2001–33 I.R.B. 124
2001–39, 2001–33 I.R.B. 125
2001–40, 2001–38 I.R.B. 276
2001–41, 2001–35 I.R.B. 193
2001–42, 2001–37 I.R.B. 223
2001–43, 2001–36 I.R.B. 209
2001–44, 2001–37 I.R.B. 223
2001–47, 2001–39 I.R.B. 293
Treasury Decisions:
8947, 2001–28 I.R.B. 36
8948, 2001–28 I.R.B. 27
8949, 2001–28 I.R.B. 33
8950, 2001–28 I.R.B. 34
8951, 2001–29 I.R.B. 63
8952, 2001–29 I.R.B. 60
8953, 2001–29 I.R.B. 44
8954, 2001–29 I.R.B. 47
8955, 2001–32 I.R.B. 101
8956, 2001–32 I.R.B. 112
8957, 2001–33 I.R.B. 125
8958, 2001–34 I.R.B. 183
8959, 2001–34 I.R.B. 185
8960, 2001–34 I.R.B. 176
8961, 2001–35 I.R.B. 194
8962, 2001–35 I.R.B. 201
8963, 2001–35 I.R.B. 197
1
A cumulative list of all revenue rulings, revenue
procedures, Treasury decisions, etc., published in
Internal Revenue Bulletins 2001–1 through 2001–26
is in Internal Revenue Bulletin 2001–27, dated July
2, 2001.

October 9, 2001iii2001–41 I.R.B.
Finding List of Current Actions on
Previously Published Items
1
Bulletins 2001–27 through 2001–40
Announcements:
2000–48
Modified by
Notice 2001–43, 2001–30 I.R.B. 72
Notices:
98–52
Modified by
Notice 2001–56, 2001–38 I.R.B. 277
99–41
Modified and superseded by
Notice 2001–62, 2001–40 I.R.B. 307
2001–4
Modified by
Notice 2001–43, 2001–30 I.R.B. 72
2001–9
Modified by
Notice 2001–46, 2001–32 I.R.B. 122
2001–15
Supplemented by
Notice 2001–51, 2001–34 I.R.B. 190
2001–42
Modified by
Notice 2001–57, 2001–38 I.R.B. 279
Proposed Regulations:
LR–97–79
Withdrawn by
REG–100548–01, 2001–29 I.R.B. 67
LR–107–84
Withdrawn by
REG–100548–01, 2001–29 I.R.B. 67
REG–110311–98
Supplemented by
T.D. 8961, 2001–35 I.R.B. 194
REG–106917–99
Corrected by
Ann. 2001–86, 2001–35 I.R.B. 207
REG–103735–00
Supplemented by
T.D. 8961, 2001–35 I.R.B. 194
REG–103736–00
Supplemented by
T.D. 8961, 2001–35 I.R.B. 194
REG–107186–00
Corrected by
Ann. 2001–71, 2001–27 I.R.B. 26
REG–130477–00
Supplemented by
Ann. 2001–82, 2001–32 I.R.B. 123
REG–130481–00
Supplemented by
Ann. 2001–82, 2001–32 I.R.B. 123
Revenue Procedures:
83–74
Revoked by
Rev. Proc. 2001–49, 2001–39 I.R.B. 300
Revenue Procedures—Continued:
84–84
Revoked by
Rev. Proc. 2001–49, 2001–39 I.R.B. 300
93–27
Clarified by
Rev. Proc. 2001–43, 2001–34 I.R.B. 191
97–13
Modified by
Rev. Proc. 2001–39, 2001–28 I.R.B. 38
97–19
Modified by
Notice 2001–62, 2001–40 I.R.B. 307
98–44
Superseded by
Rev. Proc. 2001–40, 2001–33 I.R.B. 130
99–27
Superseded by
Rev. Proc. 2001–42, 2001–36 I.R.B. 212
99–49
Modified and amplified by
Rev. Proc. 2001–46, 2001–37 I.R.B. 263
2000–20
Modified by
Notice 2001–42, 2001–30 I.R.B. 70
2000–39
Corrected by
Ann. 2001–73, 2001–28 I.R.B. 40
2001–2
Modified by
Rev. Proc. 2001–41, 2001–33 I.R.B. 173
2001–6
Modified by
Notice 2001–42, 2001–30 I.R.B. 70
Revenue Rulings:
57–589
Obsoleted by
REG–106917–99, 2001–27 I.R.B. 4
65–316
Obsoleted by
REG–106917–99, 2001–27 I.R.B. 4
68–125
Obsoleted by
REG–106917–99, 2001–27 I.R.B. 4
69–563
Obsoleted by
REG–106917–99, 2001–27 I.R.B. 4
70–379
Obsoleted by
Rev. Rul. 2001–39, 2001–33 I.R.B. 125
74–326
Obsoleted by
REG–106917–99, 2001–27 I.R.B. 4
78–127
Modified by
Rev. Rul. 2001–40, 2001–38 I.R.B. 276
78–179
Obsoleted by
REG–106917–99, 2001–27 I.R.B. 4
Revenue Rulings—Continued:
92–19
Supplemented by
Rev. Rul. 2001–38, 2001–33 I.R.B. 124
Treasury Decisions:
8948
Corrected by
Ann. 2001–90, 2001–35 I.R.B. 208
1
A cumulative list of current actions on previously
published items in Internal Revenue Bulletins
2001–1 through 2001–26 is in Internal Revenue
Bulletin 2001–27, dated July 2, 2001.

INTERNAL REVENUE BULLETIN
The Introduction at the beginning of this issue describes the purpose and content of this publication. The weekly Internal Revenue
Bulletin is sold on a yearly subscription basis by the Superintendent of Documents. Current subscribers are notified by the
Superintendent of Documents when their subscriptions must be renewed.
CUMULATIVE BULLETINS
The contents of this weekly Bulletin are consolidated semiannually into a permanent, indexed, Cumulative Bulletin. These are sold
on a single copy basis and are not included as part of the subscription to the Internal Revenue Bulletin. Subscribers to the weekly
Bulletin are notified when copies of the Cumulative Bulletin are available. Certain issues of Cumulative Bulletins are out of print
and are not available. Persons desiring available Cumulative Bulletins, which are listed on the reverse, may purchase them from the
Superintendent of Documents.
ACCESS THE INTERNAL REVENUE BULLETIN ON THE INTERNET
You may view the Internal Revenue Bulletin on the Internet at www.irs.gov. Select Tax Info for Business at the bottom of the page.
Then select Internal Revenue Bulletins.
INTERNAL REVENUE BULLETINS ON CD–ROM
Internal Revenue Bulletins are available annually as part of Publication 1796 (Tax Products CD–ROM). The CD–ROM can be
purchased from National Technical Information Service (NTIS) on the Internet at www.irs.gov/cdorders(discount for online orders)
or by calling 1-877-233-6767. The first release is available in mid-December and the final release is available in late January.
HOW TO ORDER
Check the publications and/or subscription(s) desired on the reverse, complete the order blank, enclose the proper remittance,
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to six weeks, plus mailing time, for delivery.
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INTERNAL REVENUE BULLETIN
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