Table of Contents

• Highlights of This Issue
  • INCOME TAX
    • T.D. 9452
    • Rev. Proc. 2009-31
  • EMPLOYEE PLANS
    • Rev. Rul. 2009-18
  • ADMINISTRATIVE
    • Rev. Proc. 2009-30
• Preface
  • The IRS Mission
  • Introduction
• Part I. Rulings and Decisions Under the Internal Revenue Code of 1986
  • Rev. Rul. 2009-18
    • DRAFTING INFORMATION
  • T.D. 9452
    • AGENCY:
    • ACTION:
    • SUMMARY:
    • DATES:
    • FOR FURTHER INFORMATION CONTACT:
    • SUPPLEMENTARY INFORMATION:
      • Paperwork Reduction Act
      • Background
      • Explanation and Summary of Comments
      • I. Interest Expense Apportionment
      • A. Interest Expense of a 10/50 Corporation
      • B. Definition of “10 Percent Owned Corporation”
      • II. Carryover of unused foreign taxes under section 904(c)
      • III. Look-through Rules as Applied to 10/50 Corporations
      • A. General Application of Look-through
      • B. Substantiation of Look-through Treatment
      • C. Application of Section 904(h) to 10/50 Corporations
      • D. Treatment of Earnings and Taxes Accumulated During a Non-look-through Period
      • i. Reconstruction method
      • ii. Safe harbor
      • iii. Treatment of a Deficit Accumulated in a Non-look-through Period
      • iv. Section 952(c) Recapture Accounts
      • v. GOZA Election
      • E. Pre-acquisition E&P
      • IV. Recapture of an Overall Foreign Loss or Separate Limitation Loss Incurred in a Separate Category for Dividends from a 10/50 Corporation
      • V. Regulations under Section 964
      • A. Tax Elections, Adoptions of Method of Accounting or Taxable Year, and Changes in Method of Accounting or Taxable Year Made on Behalf of a CFC or 10/50 Corporation
      • B. Section 481(a) Adjustments
      • C. Miscellaneous cross-references
      • Special Analyses
    • Adoption of Amendments to the Regulations
      • PART 1—INCOME TAXES
      • §1.902-1T [Removed]
      • §1.964-1T [Removed]
      • §1.989 (b)-1 [Amended]
      • PART 602—OMB CONTROL NUMBERS UNDER THE PAPERWORK REDUCTION ACT
    • Drafting Information
• Part III. Administrative, Procedural, and Miscellaneous
  • Rev. Proc. 2009-30
    • Part A. General
      • Sec. 1. Purpose
      • Sec. 2. Nature of Changes—Current Year (Tax Year 2009)
      • Sec. 3. Where To File and How to Contact the IRS, Enterprise Computing Center — Martinsburg
      • Sec. 4. Filing Requirements
      • Sec. 5. Vendor List
      • Sec. 6. Form 4419, Application for Filing Information Returns Electronically
      • Sec. 7. Retention Requirements and Due Dates
      • Sec. 8. Corrected Returns
      • Sec. 9. Effect on Paper Returns and Statements to Recipients
      • Sec. 10. Combined Federal/State Filing Program
      • Sec. 11. Penalties Associated With Information Returns
      • Sec. 12. State Abbreviations
    • Part B. Electronic Filing Specifications
      • Sec. 1. General
      • Sec. 2. Electronic Filing Approval Procedure
      • Sec. 3. Test Files
      • Sec. 4. Electronic Submissions
      • Sec. 5. PIN Requirements
      • Sec. 6. Electronic Filing Specifications
      • Sec. 7. Connecting to the FIRE System
      • Sec. 8. Common Problems and Questions
    • Part C. Record Format Specification and Record Layouts
      • Sec. 1. File Layout Diagram
      • Sec. 2. General
      • Sec. 3. Transmitter “T” Record — General Field Descriptions
      • Sec. 4. Transmitter “T” Record — Record Layout
      • Sec. 5. Payer “A” Record — General Field Descriptions
      • Sec. 6. Payer “A” Record — Record Layout
      • Sec. 7. Payee “B” Record — General Field Descriptions and Record Layouts
      • Sec. 8. End of Payer “C” Record — General Field Descriptions and Record Layout
      • Sec. 9. State Totals “K” Record — General Field Descriptions and Record Layout
      • Sec. 10. End of Transmission “F” Record — General Field Descriptions and Record Layout
    • Part D. Extensions of Time and Waivers
      • Sec. 1. General — Extensions
      • Sec. 2. Specifications for Filing Extensions of Time Electronically
      • Sec. 3. Record Layout — Extension of Time
      • Sec. 4. Extension of Time for Recipient Copies of Information Returns
      • Sec. 5. Form 8508, Request for Waiver From Filing Information Returns Electronically
  • Rev. Proc. 2009-31
    • SECTION 1. PURPOSE
    • SECTION 2. BACKGROUND
    • SECTION 3. APPLICATION
    • SECTION 4. TIME AND MANNER IN WHICH REQUESTS FOR CONSENT UNDER SECTION 1.1502-13(e)(3) MUST BE FILED
    • SECTION 5. INFORMATION TO BE INCLUDED IN REQUESTS FOR CONSENT UNDER SECTION 1.1502-13(e)(3)
    • SECTION 6. FACTORS AND GUIDELINES USED BY THE SERVICE IN CONSIDERING REQUESTS FOR CONSENT UNDER SECTION 1.1502-13(e)(3)
    • SECTION 7. EFFECT OF THE CONSENT UNDER SECTION 1.1502-13(e)(3)
    • SECTION 8. REVOCATION OF CONSENT UNDER SECTION 1.1502-13(e)(3)
    • SECTION 9. REQUESTS FOR CONSENT TO CHANGE FROM SEPARATE ENTITY REPORTING TO SINGLE ENTITY REPORTING IN CASES WHERE A VALID CONSENT FROM THE SERVICE TO REPORT INTERCOMPANY TRANSACTIONS ON A SEPARATE ENTITY BASIS WAS NOT PREVIOUSLY OBTAINED
    • SECTION 10. EFFECT ON OTHER DOCUMENTS
    • SECTION 11. EFFECTIVE DATE
    • SECTION 12. DRAFTING INFORMATION
• Definition of Terms and Abbreviations
  • Definition of Terms
  • Abbreviations
• Numerical Finding List
  • Numerical Finding List
• Effect of Current Actions on Previously Published Items
  • Finding List of Current Actions on Previously Published Items
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