Internal Revenue Bulletin: 2006-20 |
May 15, 2006 |
Table of Contents
- Highlights of This Issue
- Preface
- Part I. Rulings and Decisions Under the Internal Revenue Code of 1986
- Part III. Administrative, Procedural, and Miscellaneous
- Notice 2006-44
- Notice 2006-45
- Notice 2006-47
- SCOPE
- INTERIM PROVISIONS
- A. Title I — Provisions Relating to Repeal of Exclusion for Extraterritorial Income
- 1. Act Sec. 102 — Deduction Relating to Income Attributable to Domestic Production Activities
- B. Title II — Business Tax Incentives
- 1. Act Sec. 242 — Modification of Application of Income Forecast Method of Depreciation
- 2. Act Sec. 244 — Special Rules for Certain Film and Television Productions
- C. Title III — Tax Relief for Agriculture and Small Manufacturers
- 1. Act Sec. 313 — Apportionment of Small Ethanol Producer Credit
- 2. Act Sec. 322 — Expensing of Certain Reforestation Expenditures
- 3. Act Sec. 338 — Expensing of Capital Costs Incurred in Complying With Environmental Protection Agency Sulfur Regulations
- 4. Act Sec. 339 — Credit for Production of Low Sulfur Diesel Fuel
- D. Title IV — Tax Reform and Simplification for United States Businesses
- 1. Act Sec. 401 — Interest Expense Allocation Rules
- 2. Act Sec. 404 — Reduction to 2 Foreign Tax Credit Baskets
- 3. Act Sec. 408 — Translation of Foreign Taxes
- E. Title VII — Miscellaneous Provisions
- 1. Act Sec. 706 — Certain Alaska Natural Gas Pipeline Property treated as 7-Year Property
- F. Title VIII — Revenue Provisions
- 1. Act Sec. 909 — Sales or Dispositions to Implement Federal Energy Regulatory Commission or State Electric Restructuring Policy
- PAPERWORK REDUCTION ACT
- EFFECT ON OTHER DOCUMENTS
- DRAFTING INFORMATION
- Rev. Proc. 2006-23
- SECTION 1. PURPOSE AND BACKGROUND
- SECTION 2. SCOPE
- SECTION 3. GENERAL CONDITIONS UNDER WHICH THIS PROCEDURE APPLIES
- SECTION 4. PROCEDURES FOR REQUESTING COMPETENT AUTHORITY ASSISTANCE
- SECTION 5. SMALL CASE PROCEDURE FOR REQUESTING COMPETENT AUTHORITY ASSISTANCE
- SECTION 6. RELIEF REQUESTED FOR POSSESSIONS INITIATED ADJUSTMENT WITHOUT COMPETENT AUTHORITY INVOLVEMENT
- SECTION 7. COORDINATION WITH OTHER ADMINISTRATIVE OR JUDICIAL PROCEEDINGS
- SECTION 8. SIMULTANEOUS APPEALS PROCEDURE
- SECTION 9. PROTECTIVE MEASURES
- SECTION 10. APPLICATION OF REV. PROC. 99-32
- SECTION 11. DETERMINATION OF CREDITABLE TAXES
- SECTION 12. ACTION BY U.S. COMPETENT AUTHORITY
- SECTION 13. REQUESTS FOR RULINGS
- SECTION 14. FEES
- SECTION 15. EFFECT ON OTHER DOCUMENTS
- SECTION 16. EFFECTIVE DATE
- SECTION 17. DRAFTING INFORMATION
- Part IV. Items of General Interest
- REG-133036-05
- Announcement 2006-31
- AGENCY:
- ACTION:
- SUMMARY:
- DATES:
- FOR FURTHER INFORMATION CONTACT:
- SUPPLEMENTARY INFORMATION:
- Background
- Need for Correction
- Correction of Publication
- PART 1 — INCOME TAXES
- §1.358-1 [Corrected]
- §1.358-1 Basis to distributes.
- §1.358-2 [Corrected]
- §1.358-2 Allocation of basis among nonrecognition property.
- §1.1502-19T [Corrected]
- §1.1502-19T Excess loss accounts (temporary)
- §1.1502-32 [Corrected]
- §1.1502-32 Investment adjustments.
- Announcement 2006-32
- Announcement 2006-33
- Definition of Terms and Abbreviations
- Numerical Finding List
- Effect of Current Actions on Previously Published Items
- How to get the Internal Revenue Bulletin
More Internal Revenue Bulletins |