2004 Regulatory and Legislative Submissions

U.S. Treasury Department & IRS

• Proposed Changes to the Internal Revenue Service’s Classification Settlement Program to Resolve Worker Classification Cases (Dec. 21, 2004)
  I.R.C.§: n/a
• Adjustment to Net Unrealized Built-in Gains and Losses (Nov. 23, 2004)
  I.R.C.§: 1374
• Pro Rata Share Determinations Under Subpart F (Nov. 22, 2004)
  I.R.C.§: 951
• Letter to IRS Oversight Board Regarding IRS Strategic Plan (Nov. 22, 2004)
  I.R.C.§: n/a
• Proposed Regulations Relating to the Election Not to Have Automatic Allocation of Generation-Skipping Transfer Tax Exemption Apply to Certain Transfers to a GST Trust - Reg-153841-02 (Oct. 12, 2004)
  I.R.C.§: 2632
• Identification of Potential Increased Thresholds and “Safe Harbors” (Sep. 2, 2004)
  I.R.C.§: n/a
• Temporary and Proposed Regulations Governing Allocation of Partnership Expenditures for Foreign Taxes - TD 9121; Reg-139792-02 (Aug. 10, 2004)
  I.R.C.§: 704
• Proposed Regulations on Continuity of Business Enterprise and Certain Related Issues (July 19, 2004)
  I.R.C.§: 368
• Anti–Mixing Bowl Rules in Partnership Mergers - Revenue Ruling 2004-43 (July 13, 2004)
  I.R.C.§: 704
• Transfers of Assets Following Putative Reorganizations (May 26, 2004)
  I.R.C.§: 368
• Section 501(c)(4) and Political Activity (May 25, 2004)
  I.R.C.§: 501
• Recommendations for Treasury-IRS 2004–2005 Guidance Priority List (May 19, 2004)
  I.R.C.§: various
• The Effect of Pre-Closing Changes of Acquiror Stock Value on Continuity of Interest (May 14, 2004)
  I.R.C.§: 368
• LMSB Productivity Improvement Phase II (May 12, 2004)
  I.R.C.§: n/a
• Deposit Requirements for Employment Taxes in Connection with the Exercise of Nonstatutory Stock Options (May 10, 2004)
  I.R.C.§: various
• Rev. Proc. 2000-37 Safe Harbor Build-To-Suit Exchanges Involving Leasehold Improvements (May 5, 2004)
  I.R.C.§: 1031
• Characterization of a Partnership Liability Under Section 752 Where a Disregarded Entity is a General Partner (April 5, 2004)
  I.R.C.§: 752
• Disguised Sales of Partnership Interests (April 2, 2004)
  I.R.C.§: 707
• Request for Revenue Ruling on S Corporation Qualifying Director Shares (April 2, 2004)
  I.R.C.§: 1361
• Need for Guidance on Portfolio Interest Rules under Sections 871(h) and 881(c) of the Internal Revenue Code (March 18, 2004)
  I.R.C.§: 871, 881
• Testimony Regarding Regulations Governing Practice Before the IRS (Feb. 19, 2004)
  I.R.C.§: n/a
• Comments Concerning Proposed Revisions to Circular 230 (Feb. 12, 2004)
  I.R.C.§: n/a
• Proposal on Incentive Stock Options Under Sections 421, 422 and 424 of the Internal Revenue Code (Feb. 12, 2004)
  I.R.C.§: 421, 422, 424
• Revenue Ruling 2002-41, 2002-28 IRB 75 and Notice 2002-45, 2002-28 IRB 93 (Feb. 6, 2004)
  I.R.C.§: various
• Code Section 403(b) Regulations Project (Feb. 5, 2004)
  I.R.C.§: 403
• Proposed Changes to Form 656, Offer-in-Compromise (Feb. 4, 2004)
  I.R.C.§: n/a
• National Taxpayer Advocate's Practitioner Licensing Proposal (Feb. 4, 2004)
  I.R.C.§: various
• Proposed Regulations on the Obligation of Partnerships to Withhold Tax Under Section 1446 on Effectively Connected Taxable Income Allocable to Foreign Partners (Jan. 27, 2004)
  I.R.C.§: 1446
• Testimony to IRS Oversight Board (Jan. 26, 2004)
  I.R.C.§: n/a
• Proposed Regulations on Treatment of Services and Intangibles Under Section 482 (Jan. 23, 2004)
  I.R.C.§: 482

Congress

• Letter and Report Regarding the Alternative Minimum Tax (Nov. 29, 2004)
  To: Finance / Ways and Means
• Letter Regarding H.R. 1308 – Working Families Tax Relief Act of 2004 (Oct. 18, 2004)
  To: Finance / Ways and Means
• Supplemental Response to Senate Finance Committee Roundtable on Nonprofit Organizations, July 22, 2004 (Sep. 15, 2004)
  To: Senate Finance Committee
• Comments Regarding Senate Finance Committee Staff Discussion Draft of June 21, 2004 (July 19, 2004)
  To: Senate Finance Committee
• Letter Regarding the Whistleblower Rewards Provision in the Jumpstart Our Business Strength (JOBS) Bill (S. 1637) (July 1, 2004)
  To:  Finance / Ways and Means
• Letter Regarding the Effective Date of Nonqualified Deferred Compensation Plan Restrictions (June 30, 2004)
  To: Finance / Ways and Means
• Letter Regarding Pending Tax Legislation (June 30, 2004)
  To: Finance / Ways and Means
• Follow-Up to Testimony Regarding Simplification of Federal Tax Laws (April 30, 2004)
  To: Rep. Houghton
• Testimony Regarding Simplification of Federal Tax Laws (March 30, 2004)
  To: Oversight

Foreign Revenue Agencies

• Canada Customs and Revenue Agency Income Tax Information Circular Number IC 71-17R5 (Jan. 15, 2004)