2002 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 on Split-Dollar Life Insurance   (Dec. 31, 2002)
  I.R.C.§:   various
  
• Internal Revenue Service Announcement 2002-92, 2002-41 I.R.B. 709 on Proposed Revisions to IRS Form 1023 and Instructions   (Dec. 2, 2002)
  I.R.C.§:   501(c)(3)
  
• Revised Proposed and Temporary Regulations Under Section 355(e) to Define a "Plan (or Series of Related Transactions)"   (Nov. 18, 2002)
  I.R.C.§:   355
  
• Proposed Regulations Under IRC Sections 338(h)(10) and 1060 as Applicable to Insurance Companies   (Nov. 18, 2002)
  I.R.C.§:   338, 1060
  
• Proposed Regulations Under Section 4980F of the Code   (Nov. 8, 2002)
  I.R.C.§:   4980F
  
• Recommendation to Modify Remedial Action Regulations   (Oct. 14, 2002)
  I.R.C.§:   141, 142
  
• Internal Revenue Service Announcement 2002-47 on Possible Amendments to Regulations Governing Chapter 42 Excise Taxes   (Oct. 2, 2002)
  I.R.C.§:   4958
  
• Capitalization Issues Regarding Expenditures Incurred in Acquiring, Creating or Enhancing Intangible Assets   (Sep. 26, 2002)
  I.R.C.§:   263(a)
  
• Recommendations of the AICPA/ABA/TEI Task Force on Tax Simplification (with Attachment A, Attachment B)   (Sep. 13, 2002)
  I.R.C.§:   various
  
• Proposed Amendments to Tax Court Rules - Low Income Taxpayers Committee   (Aug. 13, 2002)
  I.R.C.§:   n/a
  
• Proposed Amendments to Tax Court Rules - Court Procedure & Practice Committee   (Aug. 5, 2002)
  I.R.C.§:   n/a
  
• IRS Notice 2002-41: Withholding Foreign Partnership and Withholding Foreign Trust Agreements   (July 24, 2002)
  I.R.C.§:   1441
  
• Limited Scope Income Tax Examinations in the Internal Revenue Service's Large and Mid-Size Business Division   (June 28, 2002)
  I.R.C.§:   n/a
  
• Tax Shelter Proposals dated March 20, 2002   (June 27, 2002)
  I.R.C.§:   various
  
• Proposed Treasury Regulation §1.414(v)-1   (June 26, 2002)
  I.R.C.§:   414(v)
  
• Recommendations to Simplify Treas. Reg. § 1.731-1(c)(3)   (May 31, 2002)
  I.R.C.§:   707
  
• Draft Examples of Program-Related Investments ("PRIs") (For Addition to Treas. Reg. Sec. 53.4944-3(b)) and Analysis of Each   (May 15, 2002)
  I.R.C.§:   TR § 53.4944
  
• Proposed Joint Venture Examples for Inclusion in a Revenue Ruling   (May 15, 2002)
  I.R.C.§:   n/a
  
• Revenue Ruling 2001-46   (May 1, 2002)
  I.R.C.§:   338
  
• Proposed Plan Loan Regulations   (May 1, 2002)
  I.R.C.§:   72
  
• Recommendations for the Treasury-IRS Guidance Priority List 2002–2003   (April 30, 2002)
  I.R.C.§:   n/a
  
• Proposed Revisions to Circular 230—Supplement   (April 24, 2002)
  I.R.C.§:   n/a
  
• Proposed Revisions to Circular 230   (April 24, 2002)
  I.R.C.§:   n/a
  
• Regulations Under Section 368 of the Internal Revenue Code Regarding Mergers Involving Disregarded Entities  (April 11, 2002)
  I.R.C.§:   368
  
• Multistate Tax Commission's Proposed Statutory Language on Reporting Options for Non-Resident Members of Pass-Through Entities   (March 28, 2002)
  I.R.C.§:   n/a
  
• Potential Issues Arising from Destruction of Property and Receipt of Funds Due to the 9/11 Terrorist Attacks   (March 18, 2002)
  I.R.C.§:   various
  
• Taxpayer Advocate Service's Organization and Operation   (March 13, 2002)
  I.R.C.§:   n/a
  
• Section 204(H) of ERISA and Section 4980F of the Code   (Feb. 6, 2002)
  I.R.C.§:   4980F
  
• Improving Operations at the IRS   (January 29, 2002)
  I.R.C.§:   n/a
  
• Notice 2000-29   (January 28, 2002)
  I.R.C.§:   various
  
• Transfer Pricing "Services" Regulations   (January 4, 2002)
  I.R.C.§:   482
  

Congress

• H.R. 5120: Appropriations Rider Concerning Cash Balance Plans   (Nov. 18, 2002)
  I.R.C.§:   n/a
  
• American Competitiveness and Corporate Accountability Act   (Sep. 9, 2002)
  I.R.C.§:   n/a
  
• Tax Shelter Transparency Act   (June 4, 2002)
  I.R.C.§:   various
  
• Tax Rules Governing Self-Employment Income of Limited Liability Companies and Partnerships; Cover Letter    (May 29, 2002)
  I.R.C.§:   1402
  
• Complexity Analysis in JCS-3-02   (April 9, 2002)
  I.R.C.§:   n/a