Links to Official IRS Bulletin Documents listed below are in the Adobe Acrobat PDF Format, and require the appropriate Acrobat Reader to view and/or print.
INCOME TAX
Rev. Proc. 97-43(PDF, 37K)
Consent to change accounting method to comply with section 475 mark-to-market rules.�� Automatic consent to change accounting methods is provided to certain taxpayers that become subject to section 475(a)� of the Code. In order to receive automatic consent, the taxpayer must file a completed Form 3115, including a list of securities identified under section 475(b)(2), in the manner provided in this revenue procedure.
Rev. Rul. 97-39(PDF, 51K)
Mark-to-market accounting method for dealers in securities. This ruling provides guidance to enable taxpayers to comply with the mark-to-market requirements of section 475 of the Code. Rev. Ruls. 94-7 and 93-76 clarified, modified, partially obsoleted, and superseded.
Rev. Rul. 97-40(PDF, 35K)
Interest rates; underpayments and overpayments. The rate of interest determined under section 6621 of the Code for the calendar quarter beginning October 1, 1997, will be 8 percent for overpayments, 9 percent for underpayments, and 11 percent for large corporate underpayments. The rate of interest paid on the portion of a corporate overpayment exceeding $10,000 is 6.5 percent.
EXEMPT ORGANIZATIONS
Announcement 97-98(PDF, 34K)
A list is given of organizations now classified as private foundations.
ADMINISTRATIVE
Announcement 97-96(PDF, 31K)
The Service announces the number of medical savings accounts established as of June 30, 1997.
You can either: Search all IRS Bulletin Documents issued since January 1996, or Search the entire site. For a more focused search, put your search word(s) in quotes.
