Table of Contents

• Notice 2005-13
  • FACTS
    • Situation 1
    • Situation 2
  • ANALYSIS
  • DRAFTING INFORMATION
• Notice 2005-18
  • DRAFTING INFORMATION
• Notice 2005-19
  • CORPORATE BOND WEIGHTED AVERAGE INTEREST RATE
  • 30-YEAR TREASURY SECURITIES WEIGHTED AVERAGE INTEREST RATE
  • Drafting Information
• Notice 2005-20
  • PURPOSE
  • BACKGROUND
    • The Statute
    • The Sealy Decisions
    • The Host Marriot and Intermet Decisions
    • The Major Paint Decision
  • QUESTIONS AND ANSWERS
    • The “Arises Under a Federal or State Law” Requirement
    • Multiple Act Torts
    • The “Act or Failure to Act” Requirement
    • The “With Respect To” Requirement
    • Depreciation Deductions
  • DRAFTING INFORMATION
• Rev. Proc. 2005-15
  • SECTION 1. PURPOSE
  • SECTION 2. BACKGROUND
  • Average Area Purchase Price
  • Qualified Mortgage Credit Certificate Program
  • Income Limitations for Qualified Mortgage Bonds and Mortgage Credit Certificates
  • Average Area and Nationwide Purchase Price Limitations
  • SECTION 3. APPLICATION
  • Average Area Purchase Price Safe Harbors
  • Nationwide Average Purchase Price
  • SECTION 4. AVERAGE AREA AND NATIONWIDE AVERAGE PURCHASE PRICES
  • SECTION 5. EFFECT ON OTHER DOCUMENTS
  • SECTION 6. EFFECTIVE DATES
  • SECTION 7. PAPERWORK REDUCTION ACT
  • SECTION 8. DRAFTING INFORMATION