Table of Contents

• Notice 2007-18
  • I Purpose
  • II Background
    • A. Imposition of Excise Tax on Certain Tax-Exempt Entities
    • B. General Computation Rule
    • C. Computation Rule for Subsequently Listed Transactions
    • D. Effective Date
  • III Definition of Party
    • A. In General
    • B. Examples
  • IV Net Income and Proceeds
    • A. In general
    • B. Allocation of net income / proceeds to a taxable year
    • C. Examples
    • D. Special rule relating to taxable years that include August 16, 2006
  • V Request For Comments
  • VI Drafting Information
• Notice 2007-20
  • CORPORATE BOND WEIGHTED AVERAGE INTEREST RATE
  • 30-YEAR TREASURY SECURITIES INTEREST RATE
  • Drafting Information
• Notice 2007-21
  • PURPOSE
  • BACKGROUND
    • Supporting Organizations
    • Donor Advised Funds
    • Supporting Organizations and Donor Advised Funds as Alternatives to Private Foundations
    • New Rules Affecting Supporting Organizations and Donor Advised Funds under the PPA
    • Deductible Charitable Contributions
  • ISSUES IDENTIFIED FOR FURTHER STUDY UNDER THE PPA
  • REQUEST FOR PUBLIC COMMENTS
  • DRAFTING INFORMATION
• Rev. Proc. 2007-21
  • SECTION 1. PURPOSE
  • SECTION 2. BACKGROUND
  • SECTION 3. SCOPE
  • SECTION 4. APPLICATION
  • SECTION 5. PAPERWORK REDUCTION ACT
  • SECTION 6. EFFECTIVE DATE
  • SECTION 7. DRAFTING INFORMATION