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.

Notice 96-51(PDF, 56K)
Inflation-indexed debt instruments. Proposed and temporary regulations under sections 1275(d) and 1286 of the Code will be issued to provide guidance on the federal income tax treatment of Treasury Inflation Protection Securities and other debt instruments with similar terms. This notice also describes, in general terms, the debt instruments that are expected to be subject to the regulations and how these instruments are expected to be taxed under the regulations.

REG-209826-96(PDF, 69K)
Proposed regulations under section 671 of the Code relate to the application of the grantor trust rules to nonexempt employees' trusts. A public hearing will be held on January 15, 1997.

Rev. Rul. 96-50(PDF, 37K)
LIFO; price indexes; department stores. The August 1996 Bureau of Labor Statistics price indexes are accepted for use by department stores employing the retail inventory and last-in, first-out inventory methods for valuing inventories for tax years ended on, or with reference to, August 31, 1996.

Announcement 96-107(PDF, 18K)
A list is given of organizations now classified as private foundations.

Announcement 96-105(PDF, 45K)
Comments are solicited on a proposed tip reporting agreement for use in the hairstyling industry.

Announcement 96-106(PDF, 36K)
Comments are solicited on a proposed tip reporting agreement for use in the gaming industry.

Notice 96-52(PDF, 21K)
Work opportunity tax credit; notice of transition rule under section 51 of the Code. The Service will provide for a transition period form certain employers that did not complete Form 8850 by the date an applicant is offered a job. The transition period will allow employers to complete and submit Form 8850 to the State Employment Security Agency, although the form was not completed on or before the day the employer offered the applicant a job.