Internal Revenue Bulletins  

April 5, 1993

Internal Revenue Bulletin No. 1993-14

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INCOME TAX

Rev. Rul. 93-23
Federal rates; adjusted federal rates; adjusted federal long-term rate, and long-term exempt rate. For purposes of section 1274,1288,382, and other sections of the Code, tables set forth the rates for April 1993.

Rev. Rul. 93-24
Interest rated; underpayments and overpayments. The rate of interest determined under section 6621 of the Code for the calender quarter beginning April 1, 1993, will be 6 percent for overpayments, 7 percent for underpayments, and 9 percent for large corporate underpayments.


EXEMPT ORGANIZATIONS

Announcement 93-54
The period for public comment on the Safe Harbor Guideline for Low Income Housing set forth in Notice 93-1,1993-1 C.B. 172, et. seq. is reinstituted.


ADMINISTRATIVE

Notice 93-17
T.D. 8357, 1991-2 C.B. 181, relating to certain cash or deferred arrangements and employee plans, is corrected.

Announcement 93-51
The Service is considering removing nonpayroll items from Form 941 beginning the first quarter of 1994. An annual return, Form 945, has been developed for reporting nonpayroll items for 1994. The Service would like to receive comments on these forms from all interested persons by June 1, 1993.

Announcement 93-52
This announcement informs the public that Employee Plans Application Forms 5300, 5303, and 6406, along with accompanying instructions, have been revised.

Announcement 93-53
Errors in Publication 535, Business Expenses, are corrected.


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