Internal Revenue Bulletins  

August 28, 2000

Internal Revenue Bulletin No. 2000-35

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.

INCOME TAX

Rev. Rul. 2000-40(PDF, 22K)
Fringe benefits, aircraft valuation formula. For purposes of section 1.61 �21(g)(5) of the Income Tax Regulations, relating to the rule for valuing noncommercial flights on employer-provided aircraft, the Standard Industry Fare Level (SIFL) cents-per-mile rates and terminal charges in effect for the second half of 2000 are set forth.

EMPLOYEE PLANS

Announcement 2000-74(PDF, 26K)
This document contains corrections to final regulations (T.D. 8873, 2000�9 I.R.B.713) relating to the transmission of certain notices and consents through electronic media.

EXEMPT ORGANIZATIONS

Announcement 2000-72(PDF, 48K)
This announcement requests comments on a proposed revenue ruling regarding the notice and reporting requirements for political organizations described in section 527 of the Code.

ADMINISTRATIVE

Announcement 2000-73(PDF, 23K)
This document contains corrections to final regulations (T.D.8884, 2000�24 I.R.B.1250) relating to certain credits of corporations that become members of a consolidated group.

Notice 2000-43(PDF, 35K)
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.

Rev. Proc. 2000-35(PDF, 96K)
This document provides the procedures to be followed to obtain a withholding certificate under section 1445 of the Code to reduce the tax withheld on the disposition of U.S. real property interests by foreign persons. Rev. Proc.88�23 superseded.

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