2000 Notices
A "Notice" is a public pronouncement that may contain guidance that involves substantive interpretations of the Code or other provisions of law. Notices may also be used for documents that would be appropriate for an "Announcement", but for the need to preserve the guidance in the Cumulative Bulletin, published twice a year. For example, "notices" can be used to relate what regulations will say in situations where the regulations may not be published in the immediate future. All notices published in the weekly IRB are also published in the Cumulative Bulletin.
Under Revenue Ruling 90-91, "for purposes of applying the substantial understatement portion of the accuracy-related penalty, ...all notices and announcements issued by the Service and published in the Internal Revenue Bulletin are considered authority and may be relied upon to the same extent as a revenue ruling or revenue procedure."
Notices are in the Adobe Acrobat PDF format.
Internal Revenue Bulletin Summary pages are in HTML format.
| Notices |
Bulletin |
Date of IRB |
 |
| Notice 2000-66(PDF, 8K) |
IRB #2000-52(HTML) |
Dec. 26, 2000 |
| Retirement plans; year 2001 section 415(d) lim-itations. Cost-of-living adjustments effective January 1, 2001, applicable to the dollar limits on benefits under qualified defined benefit pension plans and to other provisions affecting (1) certain plans of deferred compensation and (2) "control employees," are set forth. |
| Notice 2000-65(PDF, 15K) |
IRB #2000-52(HTML) |
Dec. 26, 2000 |
| LMSB industry issue resolution pilot program. This notice announces the pilot program to provide guidance to resolve frequently disputed tax issues that are common to a significant number of large or mid-size business taxpayers. This effort is part of the Service's strategy to resolve issues in a manner other than the traditional post-filing examination process. Taxpayers, as well as industry associations and other groups representing taxpayers, are invited to suggest issues and possible options for resolution. |
| Notice 2000-64(PDF, 6K) |
IRB #2000-51(HTML) |
Dec. 18, 2000 |
| This notice discusses and requests public comments with respect to section 7216 of the Code in the context of loans associated with electronic filing, such as balance due and refund anticipation loans. |
| Notice 2000-63(PDF, 14K) |
IRB #2000-51(HTML) |
Dec. 18, 2000 |
| Guidance Priority List. Public comments are requested
about items that should be included in the Guidance Priority List for 2001. All comments should be submitted by January 16, 2001. |
| Notice 2000-62(PDF, 16K) |
IRB #2000-51(HTML) |
Dec. 18, 2000 |
| Returns relating to payments of qualified tuition and
related expenses, and to payments of interest on education loans. Eligible educational institutions and certain persons who receive payments of student loan interest may continue to report the same information under section 6050S of the Code for the year 2001 as required for the years 1998, 1999, and 2000. Notices 97-73, 98-7, 98-46, 98-54, 98-59, and 99-37 modified. |
| Notice 2000-61(PDF, 16K) |
IRB #2000-49(HTML) |
Dec. 4, 2000 |
| This notice clarifies that section 935 of the Code applies only to
individuals and, therefore, does not relieve a trust from any obligation
it may have to file an income tax return for the taxable year
with the United States. The notice also provides that transactions
entered into by taxpayers who claim that section 935
applies to trusts as part of a scheme to avoid both U.S. and
Guamanian tax liability are designated as "listed transactions" for
purposes of sections 6011, 6111, and 6112 of the Code. |
| Notice 2000-60(PDF, 17K) |
IRB #2000-49(HTML) |
Dec. 4, 2000 |
| Stock compensation corporate tax shelter. This notice
alerts taxpayers and their representatives that losses generated
by transactions involving the purchase of a parent corporation's
stock by a subsidiary, a subsequent transfer of the purchased
parent stock from the subsidiary to the parent's
employees, and the eventual liquidation or sale of the subsidiary
are not properly allowable for federal income tax purposes. This
notice also alerts taxpayers and their representatives of certain
responsibilities that may arise from participation in such transactions. |
| Notice 2000-59(PDF, 6K) |
IRB #2000-48(HTML) |
Nov. 27, 2000 |
| Weighted average interest rate update. The weighted
average interest rate for November 2000 and the resulting
permissible range of interest rates used to calculate current
liability for purposes of the full funding limitation of section
412(c)(7) of the Code are set forth. |
| Notice 2000-58(PDF, 8K) |
IRB #2000-47(HTML) |
Nov. 20, 2000 |
| Qualified subchapter S subsidiary election form. This notice provides election procedures for qualified subchapter S subsidiaries. Notice 97�4 superseded. |
| Notice 2000-57(PDF, 40K) |
IRB #2000-43(HTML) |
Oct. 23, 2000 |
| The agreement between the United States and Netherlands identifying U.S. and Dutch pension plans for tax treaty benefits is set forth. |
| Notice 2000-56(PDF, 37K) |
IRB #2000-43(HTML) |
Oct. 23, 2000 |
| This notice provides guidance under section 1032 of the Code on which entity is treated as the grantor and owner of a grantor trust when a parent corporation contributes its stock to a rabbi trust for the benefit of the employees of a subsidiary. |
| Notice 2000-55(PDF, 34K) |
IRB #2000-43(HTML) |
Oct. 23, 2000 |
| Weighted average interest rate update. The weighted average interest rate for October 2000 and the resulting permissible range of interest rates used to calculate current liability for purposes of the full funding limitation of section 412(c)(7) of the Code are set forth. |
| Notice 2000-54(PDF, 38K) |
IRB #2000-42(HTML) |
Oct. 16, 2000 |
| Determinations have been made to add nine polyether polyol substances to the list of taxable substances in section 4672(a)(3) of the Code. |
| Notice 2000-53(PDF, 34K) |
IRB #2000-38(HTML) |
Sept. 18, 2000 |
| SRLY election to avoid overlap rules. The Treasury Department and the Service intend to provide an election to allow a corporation that ceased to be a member of a consolidated group as a result of a qualified stock purchase to avoid the application of the overlap rules of sections 1.1502�15(g), 1.1502�21(g), and 1.1502�22(g) of the regulations while it was in that group. |
| Notice 2000-52(PDF, 31K) |
IRB #2000-38(HTML) |
Sept. 18, 2000 |
| Electricity produced from certain renewable resources. This notice announces the calendar year 2000 inflation adjustment factor and reference prices for the renewable electricity production credit under section 45 of the Code. |
| Notice 2000-51(PDF, 30K) |
IRB #2000-38(HTML) |
Sept. 18, 2000 |
| 2000 enhanced oil recovery credit. The enhanced oil recovery credit for taxable years beginning in the 2000 calendar year is determined without regard to the phase-out for crude oil price increases provided in section 43(b) of the Code. |
| Notice 2000-50(PDF, 27K) |
IRB #2000-38(HTML) |
Sept. 18, 2000 |
| 2000 marginal production rates. This notice announces the applicable percentage under section 613A of the Code to be used in determining percentage depletion for marginal properties for the 2000 calendar year. |
| Notice 2000-49(PDF, 48K) |
IRB #2000-37(HTML) |
Sept. 11, 2000 |
| This notice clarifies the availability of tabular schedules as alternative reporting formats on Schedule P (Form 1120-FSC), Transfer Price or Commission, filed by foreign sales corporations for 1999 and prior taxable years. |
| Notice 2000-48(PDF, 37K) |
IRB #2000-37(HTML) |
Sept. 11, 2000 |
| Deductions; travel expenses; per diem rates. Taxpayers are informed that the U.S. General Services Administration (GSA) intends to issue new per diem rates for travel by federal employees effective October 1, 2000. Rules are set forth regarding the use of the new GSA rates by taxpayers to substantiate the amount of certain travel expenses under Rev. Proc. 2000�9 (2000�2 I.R.B. 280). |
| Notice 2000-47(PDF, 13K) |
IRB #2000-46(HTML) |
Nov. 13, 2000 |
| This notice provides tables that show the amount of an individual's income that is exempt from a notice of levy used to collect delinquent tax in 2001. |
| Notice 2000-46(PDF, 32K) |
IRB #2000-37(HTML) |
Sept. 11, 2000 |
| Weighted average interest rate update. The weighted average interest rate for August 2000 and the resulting permissible range of interest rates used to calculate current liability for purposes of the full funding limitation of section 412(c)(7) of the Code are set forth. |
| Notice 2000-45(PDF, 353K) |
IRB #2000-36(HTML) |
Sept. 5, 2000 |
| Capitalization; business expenses; farmers. This notice provides guidance to taxpayers engaged in the trade or business of farming in determining whether a plant has a preproductive period in excess of 2 years for purposes of section 263A(d) of the Code. |
| Notice 2000-44(PDF, 359K) |
IRB #2000-36(HTML) |
Sept. 5, 2000 |
| Tax avoidance using artificially high basis. Taxpayers and their representatives are alerted that the purported losses arising from certain types of transactions are not properly allowable for federal income tax purposes. Also, the Service may impose penalties on participants in these transactions or, as applicable, on persons who participate in promoting or reporting these transactions. |
| Notice 2000-43(PDF, 35K) |
IRB #2000-35(HTML) |
Aug. 28, 2000 |
| LMSB Comprehensive Case Resolution Program. This notice announces a pilot program under which large business taxpayers may request accelerated and combined resolution of all years they have open in Appeals, before the Tax Court, and in Examination. |
| Notice 2000-42(PDF, 6K) |
IRB #2000-39(HTML) |
Sept. 25, 2000 |
| Weighted average interest rate update. The weighted average interest rate for September 2000 and the resulting permissible range of interest rates used to calculate current liability for purposes of the full funding limitation of section 412(c)(7) of the Code are set forth. |
| Notice 2000-41(PDF, 17K) |
IRB #2000-33(HTML) |
Aug. 14, 2000 |
| IRS releases new Form 8872, Political Organization Report of Contributions and Expenditures. This notice announces the release of the new form required to be filed by political organizations under section 527(j) of the Code requiring the listing of contributions and expenditures. |
| Notice 2000-40(PDF, 40K) |
IRB #2000-30(HTML) |
July 24, 2000 |
| Weighted average interest rate update. The weighted average interest rate for July 2000 and the resulting permissible range of interest rates used to calculate current liability for purposes of the full funding limitation of section 412(c)(7) of the Code are set forth. |
| Notice 2000-39(PDF, 38K) |
IRB #2000-30(HTML) |
July 24, 2000 |
| Individual retirement accounts; net income calculation. This notice provides a new method for calculating net income attributable to IRA contributions returned pursuant to section 408(d)(4) of the Code and to IRA contributions recharacterized pursuant to section 408A(d)(6). |
| Notice 2000-38(PDF, 25K) |
IRB #2000-33(HTML) |
Aug. 14, 2000 |
| Cash or deferred arrangements; nonqualified deferred compensation. This notice describes the withholding and reporting requirements applicable to eligible deferred compensation plans described under section 457(b) of the Code. |
| Notice 2000-37(PDF, 33K) |
IRB #2000-29(HTML) |
July 17, 2000 |
| Solicitation of comments on possible revisions to published guidance on charitable remainder trusts. This notice invites suggestions for updating the charitable remainder annuity trust and unitrust sample forms and provisions previously published by the Service. |
| Notice 2000-36(PDF, 13K) |
IRB #2000-33(HTML) |
Aug. 14, 2000 |
| IRS releases new Form 8871, Political Organization Notice of Section 527 Status. This notice announces the release of the new form required to be filed by political organizations under section 527(i) of the Code and outlines plans for implementing the new law. |
| Notice 2000-35(PDF, 22K) |
IRB #2000-29(HTML) |
July 17, 2000 |
| Letter rulings, determination letters, information letters, and technical advice issued by the Office of Chief Counsel. This notice provides that the current procedures for requesting letter rulings, determination letters, information letters, and technical advice on issues under the jurisdiction of the Office of Chief Counsel continue to apply even though offices and titles may have changed due to the reorganization of the Office of Chief Counsel. |
| Notice 2000-34(PDF, 14K) |
IRB #2000-33(HTML) |
Aug. 14, 2000 |
| Losses: Blue Cross Blue Shield organizations. This notice informs Blue Cross Blue Shield insurance organizations that the Service will challenge deductions for losses that relate to the termination of individual customer, provider, or employee contracts or relationships associated with customer lists, provider networks, and workforce in place with respect to which the taxpayer claims an adjusted basis derived from section 1012(c)(3)(A)(ii) of the Tax Reform Act of 1986. |
| Notice 2000-33(PDF, 8K) |
IRB #2000-27(HTML) |
July 3, 2000 |
| Taxable fuel measurement. This notice provides information under section 4081 of the Code relating to the measurement of taxable fuel for the period July 1, 2000, through June 30, 2001. |
| Notice 2000-32(PDF, 31K) |
IRB #2000-26(HTML) |
June 26, 2000 |
| Rollovers; hardship distributions. This notice provides relief relating to the exception to the definition of eligible rollover distribution for hardship distributions, as provided by sections 402(c)(4)(C) and 403(b)(8)(B) of the Code. Notice 99�5 modified. |
| Notice 2000-31(PDF, 17K) |
IRB #2000-26(HTML) |
June 26, 2000 |
| Weighted average interest rate update. The weighted average interest rate for June 2000 and the resulting permissible range of interest rates used to calculate current liability for purposes of the full funding limitation of section 412(c)(7) of the Code are set forth. |
| Notice 2000-30(PDF, 17K) |
IRB #2000-25(HTML) |
June 19, 2000 |
| Individual Retirement Arrangements (IRAs); reporting requirements. This notice provides guidance relating to the completion of Forms 1099-R and 5498 to report IRA recharacterizations and reconversions occurring after 2000. Public comments are requested. Notice 98-49 modified. |
| Notice 2000-29(PDF, 14K) |
IRB #2000-23(HTML) |
June 3, 2000 |
| Partnership options and convertible instruments. This notice invites public comment on the federal income tax treatment of the exercise of an option to acquire a partnership interest, the exchange of convertible debt for a partnership interest, and the exchange of a preferred interest in a partnership for a common interest in that partnership. |
| Notice 2000-28(PDF, 14K) |
IRB #2000-21(HTML) |
May 22, 2000 |
| Coal; imposition of tax. This notice provides rules for making a nontaxable sale or obtaining a credit or refund of the coal excise tax under section 4121 of the Code for coal that is in the stream of export when sold by the producer and is actually exported. |
| Notice 2000-27(PDF, 11K) |
IRB #2000-21(HTML) |
May 22, 2000 |
| Weighted average interest rate update. The weighted average interest rate for May 2000 and the resulting permissible range of interest rates used to calculate current liability for purposes of the full funding limitation of section 412(c)(7) of the Code are set forth. |
| Notice 2000-26(PDF, 19K) |
IRB #2000-17(HTML) |
April 24, 2000 |
| Methods of accounting; installment sales. This notice provides guidance in a question and answer format on the application of section 453(a)(2) of the Code to certain installment sale transactions. The installment method does not apply to income from an installment sale if the income would be reported under an accrual method of accounting without regard to section 453. |
| Notice 2000-25(PDF, 7K) |
IRB #2000-17(HTML) |
April 24, 2000 |
| Weighted average interest rate update. The weighted average interest rate for April 2000 and the resulting permissible range of interest rates used to calculate current liability for purposes of the full funding limitation of section 412(c)(7) of the Code are set forth. |
| Notice 2000-24(PDF, 15K) |
IRB #2000-17(HTML) |
April 24, 2000 |
| Charitable split-dollar insurance. This notice provides guidance to help charitable organizations comply with the information reporting requirements imposed by the Ticket to Work and Work Incentives Improvement Act of 1999. The requirements apply to charitable organizations that pay premiums after February 8, 1999, in connection with certain life insurance, annuity, and endowment contracts. |
| Notice 2000-23(PDF, 11K) |
IRB #2000-17(HTML) |
April 24, 2000 |
| Credit for producing fuel from a nonconventional source, inflation adjustment factor, and reference price. This notice publishes the nonconventional source fuel credit, the inflation adjustment factor, and the reference price under section 29 of the Code for calendar year 1999. This data is used to determine the credit allowable on fuel produced from a nonconventional source. |
| Notice 2000-22(PDF, 28K) |
IRB #2000-16(HTML) |
April 17, 2000 |
| Information returns; discharges of indebtedness; penalties. The Service will not impose penalties under sections 6721 and 6722 of the Code on certain taxpayers for failure to file information returns or furnish payee statements under section 6050P for discharges of indebtedness occurring before January 1, 2001. This notice applies only to taxpayers who were made subject to section 6050P by section 533(a) of the Ticket to Work and Work Incentives Improvement Act of 1999. |
| Notice 2000-21(PDF, 23K) |
IRB #2000-19(HTML) |
May 8, 2000 |
| This notice sets forth the requirements employers must meet and the procedures for obtaining approval of employer-designed tip reporting alternative commitment (Em-TRAC) programs for the food and beverage industry. This notice also solicits comments on the EmTRAC program. Comments must be received by July 7, 2000. |
| Notice 2000-20(PDF, 25K) |
IRB #2000-14(HTML) |
April 3, 2000 |
| Request for comments on the revision of proposed section 987 regulations. This notice discusses the application of general tax principles to certain abuses regarding foreign currency losses under section 987 of the Code and announces a prospective regulatory change to the anti-abuse rule in the proposed regulations. |
| Notice 2000-19(PDF, 9K) |
IRB #2000-13(HTML) |
March 27, 2000 |
| This notice informs taxpayers that the Internal Revenue Service is temporarily waiving the signature requirement for Form SS-4, Application for Employer Identification Number, as authorized by 6061(b)(1)(A) of the Internal Revenue Code. |
| Notice 2000-18(PDF, 9K) |
IRB #2000-13(HTML) |
March 27, 2000 |
| Notice 88-73 provides guidelines for determining the weighted average interest rate and the resulting permissible range of interest rates used to calculate current liability for the purpose of the full funding limitation of § 412(c)(7) of the Internal Revenue Code as amended by the Omnibus Budget Reconciliation Act of 1987 and as further amended by the Uruguay Round Agreements Act, Pub. L. 103-465 (GATT). |
| Notice 2000-17(PDF, 9K) |
IRB #2000-12(HTML) |
March 20, 2000 |
| Filing and Payment Due Date Requirements for Certain Northeastern Taxpayers Affected by Legal Holiday. |
| Notice 2000-16(PDF, 11K) |
IRB #2000-12(HTML) |
March 20, 2000 |
| This notice publishes a tentative determination under § 809 of the Internal Revenue Code of the "differential earnings rate" for 1999 and the rate that is used to calculate the "recomputed differential earnings amount" for 1998. |
| Notice 2000-15(PDF, 10K) |
IRB #2000-12(HTML) |
March 20, 2000 |
| Transactions that are the same as or substantially similar to transactions described in the list below have been determined by the Internal Revenue Service to be tax avoidance transactions and are identified as "listed transactions" for purposes of § 1.6011-4T(b)(2) of the Temporary Income Tax Regulations and § 301.6111-2T(b)(2) of the Temporary Procedure and Administration Regulations. |
| Notice 2000-14(PDF, 14K) |
IRB #2000-10(HTML) |
March 6, 2000 |
| Cross-testing; comparability. This notice states that the Service is undertaking a review of issues posed by new comparability retirement plans and invites public comments. |
| Notice 2000-13(PDF, 8K) |
IRB #2000-9(HTML) |
Feb. 28, 2000 |
| Low-income housing tax credit. Resident population figures for the states, Puerto Rico, and the insular areas (American Samoa, Guam, Northern Mariana Islands, and the U.S. Virgin Islands) for determining the 2000 calendar year (1) state housing credit ceiling under section 42(h) of the Code, and (2) private activity bond volume cap under section 146, are reproduced. |
| Notice 2000-12(PDF, 30K) |
IRB #2000-9(HTML) |
Feb. 28, 2000 |
| Pilot pre-filing agreement program. This notice announces a pilot program for Pre-Filing Agreements (pfas) under which large business taxpayers may request examination and resolution of specific issues relating to tax returns they expect to file between September and December 2000. |
| Notice 2000-11(PDF, 28K) |
IRB #2000-6(HTML) |
Feb. 7, 2000 |
| Safe harbor explanation; certain qualified plan distributions. This notice provides a "Safe Harbor Explanation" that plan administrators may provide to recipients of eligible rollover distributions from qualified plans in order to satisfy section 402(f) of the Code. Notice 92-48 obsoleted. |
| Notice 2000-10(PDF, 15K) |
IRB #2000-5(HTML) |
Jan. 31, 2000 |
| Guidance Priority List. Public comments are requested about items that should be included in the Guidance Priority List for 2000. All comments should be submitted by February 14, 2000. |
| Notice 2000-9(PDF, 25K) |
IRB #2000-5(HTML) |
Jan. 31, 2000 |
| Insurance companies; treatment of variable contracts, closing agreements. This notice reminds issuers of variable contracts that diversification rules for investments in U.S. Treasury securities by separate accounts are different for variable annuity contracts than for variable life insurance contracts. For a limited time, the notice permits issuers of variable annuity contracts that did not satisfy the diversification requirements under section 817(h) of the Code, but which would have satisfied the more lenient diversification requirements for variable life insurance contracts, to obtain a closing agreement through a reduced payment amount. |
| Notice 2000-8(PDF, 16K) |
IRB #2000-4(HTML) |
Jan. 24, 2000 |
| Weighted average interest rate update. The weighted average interest rate for January 2000 and the resulting permissible range of interest rates used to calculate current liability for purposes of the full funding limitation of section 412(c)(7) of the Code are set forth. |
| Notice 2000-7(PDF, 23K) |
IRB #2000-4(HTML) |
Jan. 24, 2000 |
| Section 1504(d) elections; deferral of termination. This notice provides guidance regarding the effect of the repeal of certain Canadian banking legislation on elections under section 1504(d) of the Code. |
| Notice 2000-6(PDF, 16K) |
IRB #2000-3(HTML) |
Jan. 18, 2000 |
| Information reporting; barter exchanges. Pending the issuance of new regulations, a barter exchange is not required under section 6045 of the Code to report exchanges involving property or services with a fair market value of less than $1.00. Public comment is also invited on information reporting issues under section 6045 relating to barter exchanges in connection with the regulations. |
| Notice 2000-5(PDF, 19K) |
IRB #2000-3(HTML) |
Jan. 18, 2000 |
| Estimated taxes; penalties. Penalty relief is available for certain corporate taxpayers whose December 15, 1999, estimated tax installment was affected by section 571 of the Tax Relief Extension Act of 1999. |
| Notice 2000-4(PDF, 23K) |
IRB #2000-3(HTML) |
Jan. 18, 2000 |
| Like-kind exchange and involuntary conversion of MACRS property. Guidance is provided about the depreciation of property subject to section 168 of the Code (MACRS property) that is acquired in a like-kind exchange under section 1031 or as a result of an involuntary conversion under section 1033. The Service and the Department of the Treasury intend to issue regulations under section 168 that will address these transactions. Taxpayers should follow this notice until these regulations are issued. Public comments to aid in development of the regulations are requested by March 31, 2000. Rev. Proc. 99-49 modified and amplified. |
| Notice 2000-3(PDF, 53K) |
IRB #2000-4(HTML) |
Jan. 24, 2000 |
| This notice provides additional guidance on the safe harbor methods contained in sections 401(k)(12) and 401(m)(11) of the Code for satisfying the nondiscrimination tests contained in section 401(k) and 401(m). The notice also requests public comments on certain issues affecting cash or deferred arrangements. Notice 98-52 modified. |
| Notice 2000-2(PDF, 8K) |
IRB #2000-9(HTML) |
Feb. 28, 2000 |
| Weighted average interest rate update. Guidelines are set forth for determining the weighted average interest rate for February 2000 and the resulting permissible range of interest rates used to calculate current liability for purposes of the full funding limitation under section 412(c)(7) of the Code. |
| Notice 2000-1(PDF, 11K) |
IRB #2000-2(HTML) |
Jan. 10, 2000 |
| Effective date of proposed regulations under section 1.368-2(d)(4). Proposed regulations relating to the solely for voting stock requirement in reorganizations under section 368(a)(1)(C) of the Code, when finalized, will be modified to generally apply to transactions occurring after December 31, 1999. But in certain cases, taxpayers will be able to request a private letter ruling permitting them to apply the proposed regulations to transactions occurring before the proposed effective date. |
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