2001 Regulatory and Legislative Submissions

The comments listed represent the views of the ABA Section of Taxation. They have not been approved by the House of Delegates or the Board of Governors of the American Bar Association and should not be construed as representing the policy of the Association. Documents are provided in Adobe Acrobat format unless otherwise indicated.

U.S. Treasury Department & IRS

• Proposed Regulations Under Section 894(c) Relating to Payments Made by Domestic Reverse Hybrid Entities   (Dec. 6, 2001)
  I.R.C.§:   894
  
• ESOP Refinancings Under ERISA Fiduciary Provisions   (Nov. 30, 2001)
  I.R.C.§:   various
  
• Section 705 of the Internal Revenue Code Regarding Basis in a Partner's Interest   (Nov. 28, 2001)
  I.R.C.§:   705
  
• Excluding Charitable Contributions from the Definition of "Collateral Source"   (Nov. 26, 2001)
  I.R.C.§:   various
  
• Examples of Small and Medium-Sized For-Profit Businesses in New York City Negatively Affected by the September 11th Terrorist Attacks on the World Trade Center That Would Benefit from Charitable Grants   (Nov. 19, 2001)
  I.R.C.§:   various
  
• IRS Taxpayer Advocate Service - Legislative Recommendations   (Oct. 18, 2001)
  I.R.C.§:    various
  
• Request for Confirmation from the IRS that Charitable Loans and Grants Provided to For-Profit Business Entities Affected By the September 11, 2001 Terrorist Attacks Are Excludable From Income   (Oct. 16, 2001)
  I.R.C.§:   various
  
• Regulations Governing Practice Before the IRS (Circular 230)   (Aug. 13, 2001)
  I.R.C.§:   n/a
  
• Current Language in Form 990 Regarding Reporting of Compensation Arrangements by Exempt Organizations   (July 31, 2001)
  I.R.C.§:   various
  
• Proposed Regulations Under Section 355(E) Defining a “Plan (or Series of Related Transactions)”   (July 26, 2001)
  I.R.C.§:   355(e)
  
• Regulations Under Section 368 Regarding Mergers Involving Disregarded Entities   (July 26, 2001)
  I.R.C.§:   368
  
• IRS Notice 2001–10   (July 23, 2001)
  I.R.C.§:   n/a
  
• Proposed Amendment to the Regulations Under Section 1031 on Definition of “Disqualified Person”   (May 31, 2001)
  I.R.C.§:   1031(k)
  
• Section 6015 Proposed Regulations   (May 24, 2001)
  I.R.C.§:   6015
  
• Forthcoming Regulations Regarding Constructive Sales   (May 23, 2001)
  I.R.C.§:   1259
  
• Proposed Regulations Under Section 121   (May 7, 2001)
  I.R.C.§:   121
  
• IRS Notice 2001–10   (April 23, 2001)
  I.R.C.§:   n/a
  
• Proposed Amendments to Circular 230   (April 23, 2001)
  I.R.C.§:   n/a
  
• Temporary and Proposed Regulations Under Section 4958 of the Internal Revenue Code of 1986   (April 16, 2001)
  I.R.C.§:   4958
  
• Proposed Treasury Regulation 301.7430-7   (April 2, 2001)
  I.R.C.§:   7430
  
• Proposed Amendments to the United States Sentencing Guidelines   (March 30, 2001)
  I.R.C.§:   n/a
  
• Prop. Treas. Reg. §§ 1.401(A)(4)-8(B)(1) and 9(B)(2)(V) Governing So-Called “New Comparability Plans”   (March 30, 2001)
  I.R.C.§:   401
  
• Voluntary Fiduciary Correction Program   (March 21, 2001)
  I.R.C.§:   4975
  
• IRS Strategic Plan - Statement before the IRS Oversight Board   (March 20, 2001)
  I.R.C.§:   n/a
  
• IRS Strategic Plan - Letter to IRS Commissioner   (March 5, 2001)
  I.R.C.§:   n/a
  
• Industry Issue Resolution Pilot Program under Notice 2000-65: Financial Services Issues   (March 1, 2001)
  I.R.C.§:   166, et. al.
  
• FSA 199926034: FICA Liability for ESPPs   (Feb. 28, 2001)
  I.R.C.§:   423
  
• Temporary and Proposed Regulations Under Sections 6011, 6111, and 6112 of the Internal Revenue Code of 1986 (Additional Comments)   (Feb. 21, 2001)
  I.R.C.§:   6011, 6111, 6112
  
• IRC Section 1031 Open Issues Involving Partnerships   (Feb. 21, 2001)
  I.R.C.§:   1031
  
• IRS Announcement 2000-84 on the Need for Guidance Clarifying the Application of Internal Revenue Code Provisions to Use of the Internet by Exempt Organizations
  (Feb. 21, 2001)
  I.R.C.§:   various
  
• Tax Simplification Recommendations (with AICPA & TEI)   (Feb. 12, 2001)
  I.R.C.§:   n/a
  
• Tax Simplification (with AICPA & TEI) - Supporting Letter  (Feb. 12, 2001)
  I.R.C.§:   n/a
  
• Revision of Charitable Remainder Trust Sample Forms   (Jan. 23, 2001)
  I.R.C.§:   170
  

Congress

• Charitable Loans and Grants to Businesses   (Nov. 8, 2001)
  I.R.C.§:   various
  
• Tax Shelter Disclosure Act   (Sep. 6, 2001)
  I.R.C.§:   6011, 6662, 6701, 6708
  
• Recommendations for Reducing Complexity in Calculating Taxes on Capital Gain Income   (Aug. 10, 2001)
  I.R.C.§:   n/a
  
• Tax Simplification   (April 26, 2001)
  I.R.C.§:   various
  
• Revised Corporate Tax Shelter Discussion   (Feb. 14, 2001)
  I.R.C.§:   6662, 6701, 6707, 6708