Table of Contents

• Notice 2007-7
  • I. PURPOSE
  • II. SECTION 303 OF PPA ’06
  • III. SECTION 826 OF PPA ’06
  • IV. SECTION 828 OF PPA ’06
  • V. SECTION 829 OF PPA ’06
  • VI. SECTION 845 OF PPA ’06
  • VII. SECTION 904 OF PPA ’06
  • VIII. SECTION 1102 OF PPA ’06
  • IX. SECTION 1201 OF PPA ’06
  • DRAFTING INFORMATION
• Notice 2007-9
  • SECTION 1. OVERVIEW
  • SECTION 2. BACKGROUND
  • SECTION 3. DIVIDENDS
  • SECTION 4. PARTNERSHIPS
  • SECTION 5. ALLOCATION AND ATTRIBUTION RULES FOR INTEREST
    • (a) Interest properly allocable or apportionable to non-subpart F income
    • (b) Interest properly allocable or apportionable to non-ECI
  • SECTION 6. ALLOCATION AND ATTRIBUTION RULES FOR RENTS AND ROYALTIES
    • (a) Rents and royalties properly allocable or apportionable to non-subpart F income
    • (b) Rents and royalties properly allocable or apportionable to non-ECI
  • SECTION 7. ANTI-ABUSE RULES
    • (a) Overview
    • (b) Amounts that reduce the U.S. income tax base, including factoring income
    • (c) Avoidance of section 956
    • (d) Use of options or similar interests
    • (e) Change of character of income through the use of a conduit entity
  • SECTION 8. EFFECTIVE DATE
  • SECTION 9. DRAFTING INFORMATION
  • Request for Comments
• Notice 2007-11
  • SECTION 1. PURPOSE
  • SECTION 2. BACKGROUND
  • SECTION 3. STANDARD AMOUNT
  • SECTION 4. DISTINCTION BETWEEN LOCAL-ONLY SERVICE AND BUNDLED SERVICE
  • SECTION 5. CLARIFICATION OF DEFINITION OF BUNDLED SERVICE
  • SECTION 6. PREPAID TELEPHONE CARDS (PTC)
  • SECTION 7. PREPAID CELLULAR TELEPHONES
  • SECTION 8. CHARGES IN CONNECTION WITH LOCAL-ONLY SERVICE
  • SECTION 9. PERSON TO MAKE REQUEST IF TAXPAYER IS NO LONGER IN BUSINESS OR DECEASED
  • SECTION 10. EFFECT OF NOTICE 2006-50 ON STATE AND LOCAL TELECOMMUNICATIONS TAXES
  • SECTION 11. NO OBLIGATION OF TELECOMMUNICATIONS PROVIDERS TO SUPPLY RECORDS TO CUSTOMERS
  • SECTION 12. BUSINESS AND NONPROFIT ESTIMATION METHOD
  • SECTION 13. FORM 1040EZ-T, REQUEST FOR REFUND OF FEDERAL TELEPHONE EXCISE TAX
  • SECTION 14. MODIFICATION OF PROVISION REGARDING REQUESTS FOR CREDIT OR REFUND
  • SECTION 15. EFFECT ON OTHER DOCUMENTS
  • SECTION 16. DRAFTING INFORMATION
• Notice 2007-12
  • CORPORATE BOND WEIGHTED AVERAGE INTEREST RATE
  • 30-YEAR TREASURY SECURITIES INTEREST RATE
  • Drafting Information
• Notice 2007-13
  • SECTION 1. OVERVIEW
  • SECTION 2. SUBSTANTIAL ASSISTANCE RULES
  • SECTION 3. FOREIGN BASE COMPANY SHIPPING RULES
  • SECTION 4. REQUEST FOR COMMENTS
  • SECTION 5. DRAFTING INFORMATION
• Rev. Proc. 2007-18
  • SECTION 1. PURPOSE
  • SECTION 2. BACKGROUND
  • SECTION 3. NATIONAL QUALIFIED ZONE ACADEMY BOND LIMITATION FOR 2006 AND 2007
  • SECTION 4. EFFECTIVE DATE
  • SECTION 5. DRAFTING INFORMATION