- Highlights of This Issue
- Preface
- Part I. Rulings and Decisions Under the Internal Revenue Codeof 1986
- Part III. Administrative, Procedural, and Miscellaneous
- Definition of Terms and Abbreviations
- Numerical Finding List
- Effect of Current Actions on Previously Published Items
- How to get the Internal Revenue Bulletin
Internal Revenue Bulletin: 2013-26
June 24, 2013
These synopses are intended only as aids to the reader in identifying the subject matter covered. They may not be relied upon as authoritative interpretations.
Rev. Rul. 2013-10 Rev. Rul. 2013-10
Interest rates: underpayment and overpayments. The rates for interest determined under section 6621 of the Code for the calendar quarter beginning July 1, 2013, will be 3 percent for overpayments (2 percent in the case of a corporation), 3 percent for the underpayments, and 5 percent for large corporation underpayments. The rate of interest paid on the portion of a corporation overpayment exceeding $10,000 will be 0.5 percent.
Rev. Rul. 2013-14 Rev. Rul. 2013-14
This revenue ruling provides that the fideicomiso or Mexican Land Trust arrangements described in this ruling are not trusts within the meaning of § 301.7701-4(a).
Notice 2013-37 Notice 2013-37
This notice contains updates for the corporate bond weighted average interest rate for plan years beginning in June 2013; the 24-month average segment rates; the funding segment rates applicable for June 2013; and the minimum present value rates for May 2013. The rates in this notice reflect certain changes implemented by the Moving Ahead for Progress in the 21st Century Act, Public Law 112-141 (MAP-21).
Provide America’s taxpayers top-quality service by helping them understand and meet their tax responsibilities and enforce the law with integrity and fairness to all.
The Internal Revenue Bulletin is the authoritative instrument of the Commissioner of Internal Revenue for announcing official rulings and procedures of the Internal Revenue Service and for publishing Treasury Decisions, Executive Orders, Tax Conventions, legislation, court decisions, and other items of general interest. It is published weekly.
It is the policy of the Service to publish in the Bulletin all substantive rulings necessary to promote a uniform application of the tax laws, including all rulings that supersede, revoke, modify, or amend any of those previously published in the Bulletin. All published rulings apply retroactively unless otherwise indicated. Procedures relating solely to matters of internal management are not published; however, statements of internal practices and procedures that affect the rights and duties of taxpayers are published.
Revenue rulings represent the conclusions of the Service on the application of the law to the pivotal facts stated in the revenue ruling. In those based on positions taken in rulings to taxpayers or technical advice to Service field offices, identifying details and information of a confidential nature are deleted to prevent unwarranted invasions of privacy and to comply with statutory requirements.
Rulings and procedures reported in the Bulletin do not have the force and effect of Treasury Department Regulations, but they may be used as precedents. Unpublished rulings will not be relied on, used, or cited as precedents by Service personnel in the disposition of other cases. In applying published rulings and procedures, the effect of subsequent legislation, regulations, court decisions, rulings, and procedures must be considered, and Service personnel and others concerned are cautioned against reaching the same conclusions in other cases unless the facts and circumstances are substantially the same.
The Bulletin is divided into four parts as follows:
Part I.—1986 Code. This part includes rulings and decisions based on provisions of the Internal Revenue Code of 1986.
Part II.—Treaties and Tax Legislation. This part is divided into two subparts as follows: Subpart A, Tax Conventions and Other Related Items, and Subpart B, Legislation and Related Committee Reports.
Part III.—Administrative, Procedural, and Miscellaneous. To the extent practicable, pertinent cross references to these subjects are contained in the other Parts and Subparts. Also included in this part are Bank Secrecy Act Administrative Rulings. Bank Secrecy Act Administrative Rulings are issued by the Department of the Treasury’s Office of the Assistant Secretary (Enforcement).
Part IV.—Items of General Interest. This part includes notices of proposed rulemakings, disbarment and suspension lists, and announcements.
The last Bulletin for each month includes a cumulative index for the matters published during the preceding months. These monthly indexes are cumulated on a semiannual basis, and are published in the last Bulletin of each semiannual period.
Interest rates: underpayment and overpayments. The rates for interest determined under section 6621 of the Code for the calendar quarter beginning July 1, 2013, will be 3 percent for overpayments (2 percent in the case of a corporation), 3 percent for the underpayments, and 5 percent for large corporation underpayments. The rate of interest paid on the portion of a corporation overpayment exceeding $10,000 will be 0.5 percent.
Section 6621 of the Internal Revenue Code establishes the interest rates on overpayments and underpayments of tax. Under section 6621(a)(1), the overpayment rate is the sum of the federal short-term rate plus 3 percentage points (2 percentage points in the case of a corporation), except the rate for the portion of a corporate overpayment of tax exceeding $10,000 for a taxable period is the sum of the federal short-term rate plus 0.5 of a percentage point. Under section 6621(a)(2), the underpayment rate is the sum of the federal short-term rate plus 3 percentage points.
Section 6621(c) provides that for purposes of interest payable under section 6601 on any large corporate underpayment, the underpayment rate under section 6621(a)(2) is determined by substituting “5 percentage points” for “3 percentage points.” See section 6621(c) and section 301.6621-3 of the Regulations on Procedure and Administration for the definition of a large corporate underpayment and for the rules for determining the applicable date. Section 6621(c) and section 301.6621-3 are generally effective for periods after December 31, 1990.
Section 6621(b)(1) provides that the Secretary will determine the federal short-term rate for the first month in each calendar quarter. Section 6621(b)(2)(A) provides that the federal short-term rate determined under section 6621(b)(1) for any month applies during the first calendar quarter beginning after that month. Section 6621(b)(3) provides that the federal short-term rate for any month is the federal short-term rate determined during that month by the Secretary in accordance with section 1274(d), rounded to the nearest full percent (or, if a multiple of 1/2 of 1 percent, the rate is increased to the next highest full percent).
Notice 88-59, 1988-1 C.B. 546, announced that in determining the quarterly interest rates to be used for overpayments and underpayments of tax under section 6621, the Internal Revenue Service will use the federal short-term rate based on daily compounding because that rate is most consistent with section 6621 which, pursuant to section 6622, is subject to daily compounding.
The federal short-term rate determined in accordance with section 1274(d) during April 2013 is the rate published in Revenue Ruling 2013-11, 2013-20 IRB 1059, to take effect beginning May 1, 2013. The federal short-term rate, rounded to the nearest full percent, based on daily compounding determined during the month of January 2013 is 0 percent. Accordingly, an overpayment rate of 3 percent (2 percent in the case of a corporation) and an underpayment rate of 3 percent are established for the calendar quarter beginning July 1, 2013. The overpayment rate for the portion of a corporate overpayment exceeding $10,000 for the calendar quarter beginning July 1, 2013, is 0.5 percent. The underpayment rate for large corporate underpayments for the calendar quarter beginning July 1, 2013, is 5 percent. These rates apply to amounts bearing interest during that calendar quarter.
The 3 percent rate also applies to estimated tax underpayments for the third calendar quarter in 2013.
Interest factors for daily compound interest for annual rates of 0.5 percent are published in Appendix A of this Revenue Ruling. Interest factors for daily compound interest for annual rates of 2 percent, 3 percent, and 5 percent are published in Tables 9, 11, and 15 of Rev. Proc. 95-17, 1995-1 C.B. 563, 565, and 569.
Annual interest rates to be compounded daily pursuant to section 6622 that apply for prior periods are set forth in the tables accompanying this revenue ruling.
The principal author of this revenue ruling is Deborah Colbert-James of the Office of Associate Chief Counsel (Procedure & Administration). For further information regarding this revenue ruling, contact Ms. Colbert-James at (202) 622-3400 (not a toll-free call).
365 Day Year | |||||
---|---|---|---|---|---|
0.5% Compound Rate 184 Days | |||||
Days | Factor | Days | Factor | Days | Factor |
1 | 0.000013699 | 63 | 0.000863380 | 125 | 0.001713784 |
2 | 0.000027397 | 64 | 0.000877091 | 126 | 0.001727506 |
3 | 0.000041096 | 65 | 0.000890801 | 127 | 0.001741228 |
4 | 0.000054796 | 66 | 0.000904512 | 128 | 0.001754951 |
5 | 0.000068495 | 67 | 0.000918223 | 129 | 0.001768673 |
6 | 0.000082195 | 68 | 0.000931934 | 130 | 0.001782396 |
7 | 0.000095894 | 69 | 0.000945646 | 131 | 0.001796119 |
8 | 0.000109594 | 70 | 0.000959357 | 132 | 0.001809843 |
9 | 0.000123294 | 71 | 0.000973069 | 133 | 0.001823566 |
10 | 0.000136995 | 72 | 0.000986781 | 134 | 0.001837290 |
11 | 0.000150695 | 73 | 0.001000493 | 135 | 0.001851013 |
12 | 0.000164396 | 74 | 0.001014206 | 136 | 0.001864737 |
13 | 0.000178097 | 75 | 0.001027918 | 137 | 0.001878462 |
14 | 0.000191798 | 76 | 0.001041631 | 138 | 0.001892186 |
15 | 0.000205499 | 77 | 0.001055344 | 139 | 0.001905910 |
16 | 0.000219201 | 78 | 0.001069057 | 140 | 0.001919635 |
17 | 0.000232902 | 79 | 0.001082770 | 141 | 0.001933360 |
18 | 0.000246604 | 80 | 0.001096484 | 142 | 0.001947085 |
19 | 0.000260306 | 81 | 0.001110197 | 143 | 0.001960811 |
20 | 0.000274008 | 82 | 0.001123911 | 144 | 0.001974536 |
21 | 0.000287711 | 83 | 0.001137625 | 145 | 0.001988262 |
22 | 0.000301413 | 84 | 0.001151339 | 146 | 0.002001988 |
23 | 0.000315116 | 85 | 0.001165054 | 147 | 0.002015714 |
24 | 0.000328819 | 86 | 0.001178768 | 148 | 0.002029440 |
25 | 0.000342522 | 87 | 0.001192483 | 149 | 0.002043166 |
26 | 0.000356225 | 88 | 0.001206198 | 150 | 0.002056893 |
27 | 0.000369929 | 89 | 0.001219913 | 151 | 0.002070620 |
28 | 0.000383633 | 90 | 0.001233629 | 152 | 0.002084347 |
29 | 0.000397336 | 91 | 0.001247344 | 153 | 0.002098074 |
30 | 0.000411041 | 92 | 0.001261060 | 154 | 0.002111801 |
31 | 0.000424745 | 93 | 0.001274776 | 155 | 0.002125529 |
32 | 0.000438449 | 94 | 0.001288492 | 156 | 0.002139257 |
33 | 0.000452154 | 95 | 0.001302208 | 157 | 0.002152985 |
34 | 0.000465859 | 96 | 0.001315925 | 158 | 0.002166713 |
35 | 0.000479564 | 97 | 0.001329641 | 159 | 0.002180441 |
36 | 0.000493269 | 98 | 0.001343358 | 160 | 0.002194169 |
37 | 0.000506974 | 99 | 0.001357075 | 161 | 0.002207898 |
38 | 0.000520680 | 100 | 0.001370792 | 162 | 0.002221627 |
39 | 0.000534386 | 101 | 0.001384510 | 163 | 0.002235356 |
40 | 0.000548092 | 102 | 0.001398227 | 164 | 0.002249085 |
41 | 0.000561798 | 103 | 0.001411945 | 165 | 0.002262815 |
42 | 0.000575504 | 104 | 0.001425663 | 166 | 0.002276544 |
43 | 0.000589211 | 105 | 0.001439381 | 167 | 0.002290274 |
44 | 0.000602917 | 106 | 0.001453100 | 168 | 0.002304004 |
45 | 0.000616624 | 107 | 0.001466818 | 169 | 0.002317734 |
46 | 0.000630331 | 108 | 0.001480537 | 170 | 0.002331465 |
47 | 0.000644039 | 109 | 0.001494256 | 171 | 0.002345195 |
48 | 0.000657746 | 110 | 0.001507975 | 172 | 0.002358926 |
49 | 0.000671454 | 111 | 0.001521694 | 173 | 0.002372657 |
50 | 0.000685161 | 112 | 0.001535414 | 174 | 0.002386388 |
51 | 0.000698869 | 113 | 0.001549133 | 175 | 0.002400120 |
52 | 0.000712578 | 114 | 0.001562853 | 176 | 0.002413851 |
53 | 0.000726286 | 115 | 0.001576573 | 177 | 0.002427583 |
54 | 0.000739995 | 116 | 0.001590293 | 178 | 0.002441315 |
55 | 0.000753703 | 117 | 0.001604014 | 179 | 0.002455047 |
56 | 0.000767412 | 118 | 0.001617734 | 180 | 0.002468779 |
57 | 0.000781121 | 119 | 0.001631455 | 181 | 0.002482511 |
58 | 0.000794831 | 120 | 0.001645176 | 182 | 0.002496244 |
59 | 0.000808540 | 121 | 0.001658897 | 183 | 0.002509977 |
60 | 0.000822250 | 122 | 0.001672619 | 184 | 0.002523710 |
61 | 0.000835960 | 123 | 0.001686340 | ||
62 | 0.000849670 | 124 | 0.001700062 |
366 Day Year | |||||
---|---|---|---|---|---|
0.5% Compound Rate 184 Days | |||||
Days | Factor | Days | Factor | Days | Factor |
1 | 0.000013661 | 63 | 0.000861020 | 125 | 0.001709097 |
2 | 0.000027323 | 64 | 0.000874693 | 126 | 0.001722782 |
3 | 0.000040984 | 65 | 0.000888366 | 127 | 0.001736467 |
4 | 0.000054646 | 66 | 0.000902040 | 128 | 0.001750152 |
5 | 0.000068308 | 67 | 0.000915713 | 129 | 0.001763837 |
6 | 0.000081970 | 68 | 0.000929387 | 130 | 0.001777522 |
7 | 0.000095632 | 69 | 0.000943061 | 131 | 0.001791208 |
8 | 0.000109295 | 70 | 0.000956735 | 132 | 0.001804893 |
9 | 0.000122958 | 71 | 0.000970409 | 133 | 0.001818579 |
10 | 0.000136620 | 72 | 0.000984084 | 134 | 0.001832265 |
11 | 0.000150283 | 73 | 0.000997758 | 135 | 0.001845951 |
12 | 0.000163947 | 74 | 0.001011433 | 136 | 0.001859638 |
13 | 0.000177610 | 75 | 0.001025108 | 137 | 0.001873324 |
14 | 0.000191274 | 76 | 0.001038783 | 138 | 0.001887011 |
15 | 0.000204938 | 77 | 0.001052459 | 139 | 0.001900698 |
16 | 0.000218602 | 78 | 0.001066134 | 140 | 0.001914385 |
17 | 0.000232266 | 79 | 0.001079810 | 141 | 0.001928073 |
18 | 0.000245930 | 80 | 0.001093486 | 142 | 0.001941760 |
19 | 0.000259595 | 81 | 0.001107162 | 143 | 0.001955448 |
20 | 0.000273260 | 82 | 0.001120839 | 144 | 0.001969136 |
21 | 0.000286924 | 83 | 0.001134515 | 145 | 0.001982824 |
22 | 0.000300590 | 84 | 0.001148192 | 146 | 0.001996512 |
23 | 0.000314255 | 85 | 0.001161869 | 147 | 0.002010201 |
24 | 0.000327920 | 86 | 0.001175546 | 148 | 0.002023889 |
25 | 0.000341586 | 87 | 0.001189223 | 149 | 0.002037578 |
26 | 0.000355252 | 88 | 0.001202900 | 150 | 0.002051267 |
27 | 0.000368918 | 89 | 0.001216578 | 151 | 0.002064957 |
28 | 0.000382584 | 90 | 0.001230256 | 152 | 0.002078646 |
29 | 0.000396251 | 91 | 0.001243934 | 153 | 0.002092336 |
30 | 0.000409917 | 92 | 0.001257612 | 154 | 0.002106025 |
31 | 0.000423584 | 93 | 0.001271291 | 155 | 0.002119715 |
32 | 0.000437251 | 94 | 0.001284969 | 156 | 0.002133405 |
33 | 0.000450918 | 95 | 0.001298648 | 157 | 0.002147096 |
34 | 0.000464586 | 96 | 0.001312327 | 158 | 0.002160786 |
35 | 0.000478253 | 97 | 0.001326006 | 159 | 0.002174477 |
36 | 0.000491921 | 98 | 0.001339685 | 160 | 0.002188168 |
37 | 0.000505589 | 99 | 0.001353365 | 161 | 0.002201859 |
38 | 0.000519257 | 100 | 0.001367044 | 162 | 0.002215550 |
39 | 0.000532925 | 101 | 0.001380724 | 163 | 0.002229242 |
40 | 0.000546594 | 102 | 0.001394404 | 164 | 0.002242933 |
41 | 0.000560262 | 103 | 0.001408085 | 165 | 0.002256625 |
42 | 0.000573931 | 104 | 0.001421765 | 166 | 0.002270317 |
43 | 0.000587600 | 105 | 0.001435446 | 167 | 0.002284010 |
44 | 0.000601269 | 106 | 0.001449127 | 168 | 0.002297702 |
45 | 0.000614939 | 107 | 0.001462808 | 169 | 0.002311395 |
46 | 0.000628608 | 108 | 0.001476489 | 170 | 0.002325087 |
47 | 0.000642278 | 109 | 0.001490170 | 171 | 0.002338780 |
48 | 0.000655948 | 110 | 0.001503852 | 172 | 0.002352473 |
49 | 0.000669618 | 111 | 0.001517533 | 173 | 0.002366167 |
50 | 0.000683289 | 112 | 0.001531215 | 174 | 0.002379860 |
51 | 0.000696959 | 113 | 0.001544897 | 175 | 0.002393554 |
52 | 0.000710630 | 114 | 0.001558580 | 176 | 0.002407248 |
53 | 0.000724301 | 115 | 0.001572262 | 177 | 0.002420942 |
54 | 0.000737972 | 116 | 0.001585945 | 178 | 0.002434636 |
55 | 0.000751643 | 117 | 0.001599628 | 179 | 0.002448331 |
56 | 0.000765315 | 118 | 0.001613311 | 180 | 0.002462025 |
57 | 0.000778986 | 119 | 0.001626994 | 181 | 0.002475720 |
58 | 0.000792658 | 120 | 0.001640678 | 182 | 0.002489415 |
59 | 0.000806330 | 121 | 0.001654361 | 183 | 0.002503110 |
60 | 0.000820003 | 122 | 0.001668045 | 184 | 0.002516806 |
61 | 0.000833675 | 123 | 0.001681729 | ||
62 | 0.000847348 | 124 | 0.001695413 |
TABLE OF INTEREST RATES | ||||
---|---|---|---|---|
PERIODS BEFORE JUL. 1, 1975 — PERIODS ENDING DEC. 31, 1986 | ||||
OVERPAYMENTS AND UNDERPAYMENTS | ||||
PERIOD | RATE | In 1995-1 C.B. DAILY RATE TABLE | ||
Before Jul. 1, 1975 | 6% | Table 2, pg.557 | ||
Jul. 1, 1975—Jan. 31, 1976 | 9% | Table 4, pg.559 | ||
Feb. 1, 1976—Jan. 31, 1978 | 7% | Table 3, pg.558 | ||
Feb. 1, 1978—Jan. 31, 1980 | 6% | Table 2, pg.557 | ||
Feb. 1, 1980—Jan. 31, 1982 | 12% | Table 5, pg.560 | ||
Feb. 1, 1982—Dec. 31, 1982 | 20% | Table 6, pg.560 | ||
Jan. 1, 1983—Jun. 30, 1983 | 16% | Table 37, pg. 591 | ||
Jul. 1, 1983—Dec. 31, 1983 | 11% | Table 27, pg. 581 | ||
Jan. 1, 1984—Jun. 30, 1984 | 11% | Table 75, pg. 629 | ||
Jul. 1, 1984—Dec. 31, 1984 | 11% | Table 75, pg. 629 | ||
Jan. 1, 1985—Jun. 30, 1985 | 13% | Table 31, pg. 585 | ||
Jul. 1, 1985—Dec. 31, 1985 | 11% | Table 27, pg. 581 | ||
Jan. 1, 1986—Jun. 30, 1986 | 10% | Table 25, pg. 579 | ||
Jul. 1, 1986—Dec. 31, 1986 | 9% | Table 23, pg. 577 |
TABLE OF INTEREST RATES | ||||||
---|---|---|---|---|---|---|
FROM JAN. 1, 1987 — DEC. 31, 1998 | ||||||
OVERPAYMENTS | UNDERPAYMENTS | |||||
1995-1 C.B. | 1995-1 C.B. | |||||
RATE | TABLE | PG | RATE | TABLE | PG | |
Jan. 1, 1987—Mar. 31, 1987 | 8% | 21 | 575 | 9% | 23 | 577 |
Apr. 1, 1987—Jun. 30, 1987 | 8% | 21 | 575 | 9% | 23 | 577 |
Jul. 1, 1987—Sep. 30, 1987 | 8% | 21 | 575 | 9% | 23 | 577 |
Oct. 1, 1987—Dec. 31, 1987 | 9% | 23 | 577 | 10% | 25 | 579 |
Jan. 1, 1988—Mar. 31, 1988 | 10% | 73 | 627 | 11% | 75 | 629 |
Apr. 1, 1988—Jun. 30, 1988 | 9% | 71 | 625 | 10% | 73 | 627 |
Jul. 1, 1988—Sep. 30, 1988 | 9% | 71 | 625 | 10% | 73 | 627 |
Oct. 1, 1988—Dec. 31, 1988 | 10% | 73 | 627 | 11% | 75 | 629 |
Jan. 1, 1989—Mar. 31, 1989 | 10% | 25 | 579 | 11% | 27 | 581 |
Apr. 1, 1989—Jun. 30, 1989 | 11% | 27 | 581 | 12% | 29 | 583 |
Jul. 1, 1989—Sep. 30, 1989 | 11% | 27 | 581 | 12% | 29 | 583 |
Oct. 1, 1989—Dec. 31, 1989 | 10% | 25 | 579 | 11% | 27 | 581 |
Jan. 1, 1990—Mar. 31, 1990 | 10% | 25 | 579 | 11% | 27 | 581 |
Apr. 1, 1990—Jun. 30, 1990 | 10% | 25 | 579 | 11% | 27 | 581 |
Jul. 1, 1990—Sep. 30, 1990 | 10% | 25 | 579 | 11% | 27 | 581 |
Oct. 1, 1990—Dec. 31, 1990 | 10% | 25 | 579 | 11% | 27 | 581 |
Jan. 1, 1991—Mar. 31, 1991 | 10% | 25 | 579 | 11% | 27 | 581 |
Apr. 1, 1991—Jun. 30, 1991 | 9% | 23 | 577 | 10% | 25 | 579 |
Jul. 1, 1991—Sep. 30, 1991 | 9% | 23 | 577 | 10% | 25 | 579 |
Oct. 1, 1991—Dec. 31, 1991 | 9% | 23 | 577 | 10% | 25 | 579 |
Jan. 1, 1992—Mar. 31, 1992 | 8% | 69 | 623 | 9% | 71 | 625 |
Apr. 1, 1992—Jun. 30, 1992 | 7% | 67 | 621 | 8% | 69 | 623 |
Jul. 1, 1992—Sep. 30, 1992 | 7% | 67 | 621 | 8% | 69 | 623 |
Oct. 1, 1992—Dec. 31, 1992 | 6% | 65 | 619 | 7% | 67 | 621 |
Jan. 1, 1993—Mar. 31, 1993 | 6% | 17 | 571 | 7% | 19 | 573 |
Apr. 1, 1993—Jun. 30, 1993 | 6% | 17 | 571 | 7% | 19 | 573 |
Jul. 1, 1993—Sep. 30, 1993 | 6% | 17 | 571 | 7% | 19 | 573 |
Oct. 1, 1993—Dec. 31, 1993 | 6% | 17 | 571 | 7% | 19 | 573 |
Jan. 1, 1994—Mar. 31, 1994 | 6% | 17 | 571 | 7% | 19 | 573 |
Apr. 1, 1994—Jun. 30, 1994 | 6% | 17 | 571 | 7% | 19 | 573 |
Jul. 1, 1994—Sep. 30, 1994 | 7% | 19 | 573 | 8% | 21 | 575 |
Oct. 1, 1994—Dec. 31, 1994 | 8% | 21 | 575 | 9% | 23 | 577 |
Jan. 1, 1995—Mar. 31, 1995 | 8% | 21 | 575 | 9% | 23 | 577 |
Apr. 1, 1995—Jun. 30, 1995 | 9% | 23 | 577 | 10% | 25 | 579 |
Jul. 1, 1995—Sep. 30, 1995 | 8% | 21 | 575 | 9% | 23 | 577 |
Oct. 1, 1995—Dec. 31, 1995 | 8% | 21 | 575 | 9% | 23 | 577 |
Jan. 1, 1996—Mar. 31, 1996 | 8% | 69 | 623 | 9% | 71 | 625 |
Apr. 1, 1996—Jun. 30, 1996 | 7% | 67 | 621 | 8% | 69 | 623 |
Jul. 1, 1996—Sep. 30, 1996 | 8% | 69 | 623 | 9% | 71 | 625 |
Oct. 1, 1996—Dec. 31, 1996 | 8% | 69 | 623 | 9% | 71 | 625 |
Jan. 1, 1997—Mar. 31, 1997 | 8% | 21 | 575 | 9% | 23 | 577 |
Apr. 1, 1997—Jun. 30, 1997 | 8% | 21 | 575 | 9% | 23 | 577 |
Jul. 1, 1997—Sep. 30, 1997 | 8% | 21 | 575 | 9% | 23 | 577 |
Oct. 1, 1997—Dec. 31, 1997 | 8% | 21 | 575 | 9% | 23 | 577 |
Jan. 1, 1998—Mar. 31, 1998 | 8% | 21 | 575 | 9% | 23 | 577 |
Apr. 1, 1998—Jun. 30, 1998 | 7% | 19 | 573 | 8% | 21 | 575 |
Jul. 1, 1998—Sep. 30, 1998 | 7% | 19 | 573 | 8% | 21 | 575 |
Oct. 1, 1998—Dec. 31, 1998 | 7% | 19 | 573 | 8% | 21 | 575 |
TABLE OF INTEREST RATES | |||
---|---|---|---|
FROM JANUARY 1, 1999 — PRESENT | |||
NONCORPORATE OVERPAYMENTS AND UNDERPAYMENTS | |||
1995-1 C.B. | |||
RATE | TABLE | PAGE | |
Jan. 1, 1999—Mar. 31, 1999 | 7% | 19 | 573 |
Apr. 1, 1999—Jun. 30, 1999 | 8% | 21 | 575 |
Jul. 1, 1999—Sep. 30, 1999 | 8% | 21 | 575 |
Oct. 1, 1999—Dec. 31, 1999 | 8% | 21 | 575 |
Jan. 1, 2000—Mar. 31, 2000 | 8% | 69 | 623 |
Apr. 1, 2000—Jun. 30, 2000 | 9% | 71 | 625 |
Jul. 1, 2000—Sep. 30, 2000 | 9% | 71 | 625 |
Oct. 1, 2000—Dec. 31, 2000 | 9% | 71 | 625 |
Jan. 1, 2001—Mar. 31, 2001 | 9% | 23 | 577 |
Apr. 1, 2001—Jun. 30, 2001 | 8% | 21 | 575 |
Jul. 1, 2001—Sep. 30, 2001 | 7% | 19 | 573 |
Oct. 1, 2001—Dec. 31, 2001 | 7% | 19 | 573 |
Jan. 1, 2002—Mar. 31, 2002 | 6% | 17 | 571 |
Apr. 1, 2002—Jun. 30, 2002 | 6% | 17 | 571 |
Jul. 1, 2002—Sep. 30, 2002 | 6% | 17 | 571 |
Oct. 1, 2002—Dec. 31, 2002 | 6% | 17 | 571 |
Jan. 1, 2003—Mar. 31, 2003 | 5% | 15 | 569 |
Apr. 1, 2003—Jun. 30, 2003 | 5% | 15 | 569 |
Jul. 1, 2003—Sep. 30, 2003 | 5% | 15 | 569 |
Oct. 1, 2003—Dec. 31, 2003 | 4% | 13 | 567 |
Jan. 1, 2004—Mar. 31, 2004 | 4% | 61 | 615 |
Apr. 1, 2004—Jun. 30, 2004 | 5% | 63 | 617 |
Jul. 1, 2004—Sep. 30, 2004 | 4% | 61 | 615 |
Oct. 1, 2004—Dec. 31, 2004 | 5% | 63 | 617 |
Jan. 1, 2005—Mar. 31, 2005 | 5% | 15 | 569 |
Apr. 1, 2005—Jun. 30, 2005 | 6% | 17 | 571 |
Jul. 1, 2005—Sep. 30, 2005 | 6% | 17 | 571 |
Oct. 1, 2005—Dec. 31, 2005 | 7% | 19 | 573 |
Jan. 1, 2006—Mar. 31, 2006 | 7% | 19 | 573 |
Apr. 1, 2006—Jun. 30, 2006 | 7% | 19 | 573 |
Jul. 1, 2006—Sep. 30, 2006 | 8% | 21 | 575 |
Oct. 1, 2006—Dec. 31, 2006 | 8% | 21 | 575 |
Jan. 1, 2007—Mar. 31, 2007 | 8% | 21 | 575 |
Apr. 1, 2007—Jun. 30, 2007 | 8% | 21 | 575 |
Jul. 1, 2007—Sep. 30, 2007 | 8% | 21 | 575 |
Oct. 1, 2007—Dec. 31, 2007 | 8% | 21 | 575 |
Jan. 1, 2008—Mar. 31, 2008 | 7% | 67 | 621 |
Apr. 1, 2008—Jun. 30, 2008 | 6% | 65 | 619 |
Jul. 1, 2008—Sep. 30, 2008 | 5% | 63 | 617 |
Oct. 1, 2008—Dec. 31, 2008 | 6% | 65 | 619 |
Jan. 1, 2009—Mar. 31, 2009 | 5% | 15 | 569 |
Apr. 1, 2009—Jun. 30, 2009 | 4% | 13 | 567 |
Jul. 1, 2009—Sep. 30, 2009 | 4% | 13 | 567 |
Oct. 1, 2009—Dec. 31, 2009 | 4% | 13 | 567 |
Jan. 1, 2010—Mar. 31, 2010 | 4% | 13 | 567 |
Apr. 1, 2010—Jun. 30, 2010 | 4% | 13 | 567 |
Jul. 1, 2010—Sep. 30, 2010 | 4% | 13 | 567 |
Oct. 1, 2010—Dec. 31, 2010 | 4% | 13 | 567 |
Jan. 1, 2011—Mar. 31, 2011 | 3% | 11 | 565 |
Apr. 1, 2011—Jun. 30, 2011 | 4% | 13 | 567 |
Jul. 1, 2011—Sep. 30, 2011 | 4% | 13 | 567 |
Oct. 1, 2011—Dec. 31, 2011 | 3% | 11 | 565 |
Jan. 1, 2012—Mar. 31, 2012 | 3% | 59 | 613 |
Apr. 1, 2012—Jun. 30, 2012 | 3% | 59 | 613 |
Jul. 1, 2012—Sep. 30, 2012 | 3% | 59 | 613 |
Oct. 1, 2012—Dec. 31, 2012 | 3% | 59 | 613 |
Jan. 1, 2013—Mar. 31, 2013 | 3% | 11 | 565 |
Apr. 1, 2013—Jun. 30, 2013 | 3% | 11 | 565 |
Jul. 1, 2013—Sep. 30, 2013 | 3% | 11 | 565 |
TABLE OF INTEREST RATES | ||||||
---|---|---|---|---|---|---|
FROM JANUARY 1, 1999 — PRESENT | ||||||
CORPORATE OVERPAYMENTS AND UNDERPAYMENTS | ||||||
OVERPAYMENTS | UNDERPAYMENTS | |||||
1995-1 C.B. | 1995-1 C.B. | |||||
RATE | TABLE | PG | RATE | TABLE | PG | |
Jan. 1, 1999—Mar. 31, 1999 | 6% | 17 | 571 | 7% | 19 | 573 |
Apr. 1, 1999—Jun. 30, 1999 | 7% | 19 | 573 | 8% | 21 | 575 |
Jul. 1, 1999—Sep. 30, 1999 | 7% | 19 | 573 | 8% | 21 | 575 |
Oct. 1, 1999—Dec. 31, 1999 | 7% | 19 | 573 | 8% | 21 | 575 |
Jan. 1, 2000—Mar. 31, 2000 | 7% | 67 | 621 | 8% | 69 | 623 |
Apr. 1, 2000—Jun. 30, 2000 | 8% | 69 | 623 | 9% | 71 | 625 |
Jul. 1, 2000—Sep. 30, 2000 | 8% | 69 | 623 | 9% | 71 | 625 |
Oct. 1, 2000—Dec. 31, 2000 | 8% | 69 | 623 | 9% | 71 | 625 |
Jan. 1, 2001—Mar. 31, 2001 | 8% | 21 | 575 | 9% | 23 | 577 |
Apr. 1, 2001—Jun. 30, 2001 | 7% | 19 | 573 | 8% | 21 | 575 |
Jul. 1, 2001—Sep. 30, 2001 | 6% | 17 | 571 | 7% | 19 | 573 |
Oct. 1, 2001—Dec. 31, 2001 | 6% | 17 | 571 | 7% | 19 | 573 |
Jan. 1, 2002—Mar. 31, 2002 | 5% | 15 | 569 | 6% | 17 | 571 |
Apr. 1, 2002—Jun. 30, 2002 | 5% | 15 | 569 | 6% | 17 | 571 |
Jul. 1, 2002—Sep. 30, 2002 | 5% | 15 | 569 | 6% | 17 | 571 |
Oct. 1, 2002—Dec. 31, 2002 | 5% | 15 | 569 | 6% | 17 | 571 |
Jan. 1, 2003—Mar. 31, 2003 | 4% | 13 | 567 | 5% | 15 | 569 |
Apr. 1, 2003—Jun. 30, 2003 | 4% | 13 | 567 | 5% | 15 | 569 |
Jul. 1, 2003—Sep. 30, 2003 | 4% | 13 | 567 | 5% | 15 | 569 |
Oct. 1, 2003—Dec. 31, 2003 | 3% | 11 | 565 | 4% | 13 | 567 |
Jan. 1, 2004—Mar. 31, 2004 | 3% | 59 | 613 | 4% | 61 | 615 |
Apr. 1, 2004—Jun. 30, 2004 | 4% | 61 | 615 | 5% | 63 | 617 |
Jul. 1, 2004—Sep. 30, 2004 | 3% | 59 | 613 | 4% | 61 | 615 |
Oct. 1, 2004—Dec. 31, 2004 | 4% | 61 | 615 | 5% | 63 | 617 |
Jan. 1, 2005—Mar. 31, 2005 | 4% | 13 | 567 | 5% | 15 | 569 |
Apr. 1, 2005—Jun. 30, 2005 | 5% | 15 | 569 | 6% | 17 | 571 |
Jul. 1, 2005—Sep. 30, 2005 | 5% | 15 | 569 | 6% | 17 | 571 |
Oct. 1, 2005—Dec. 31, 2005 | 6% | 17 | 571 | 7% | 19 | 573 |
Jan. 1, 2006—Mar. 31, 2006 | 6% | 17 | 571 | 7% | 19 | 573 |
Apr. 1, 2006—Jun. 30, 2006 | 6% | 17 | 571 | 7% | 19 | 573 |
Jul. 1, 2006—Sep. 30, 2006 | 7% | 19 | 573 | 8% | 21 | 575 |
Oct. 1, 2006—Dec. 31, 2006 | 7% | 19 | 573 | 8% | 21 | 575 |
Jan. 1, 2007—Mar. 31, 2007 | 7% | 19 | 573 | 8% | 21 | 575 |
Apr. 1, 2007—Jun. 30, 2007 | 7% | 19 | 573 | 8% | 21 | 575 |
Jul. 1, 2007—Sep. 30, 2007 | 7% | 19 | 573 | 8% | 21 | 575 |
Oct. 1, 2007—Dec. 31, 2007 | 7% | 19 | 573 | 8% | 21 | 575 |
Jan. 1, 2008—Mar. 31, 2008 | 6% | 65 | 619 | 7% | 67 | 621 |
Apr. 1, 2008—Jun. 30, 2008 | 5% | 63 | 617 | 6% | 65 | 619 |
Jul. 1, 2008—Sep. 30, 2008 | 4% | 61 | 615 | 5% | 63 | 617 |
Oct. 1, 2008—Dec. 31, 2008 | 5% | 63 | 617 | 6% | 65 | 619 |
Jan. 1, 2009—Mar. 31, 2009 | 4% | 13 | 567 | 5% | 15 | 569 |
Apr. 1, 2009—Jun. 30, 2009 | 3% | 11 | 565 | 4% | 13 | 567 |
Jul. 1, 2009—Sep. 30, 2009 | 3% | 11 | 565 | 4% | 13 | 567 |
Oct. 1, 2009—Dec. 31, 2009 | 3% | 11 | 565 | 4% | 13 | 567 |
Jan. 1, 2010—Mar. 31, 2010 | 3% | 11 | 565 | 4% | 13 | 567 |
Apr. 1, 2010—Jun. 30, 2010 | 3% | 11 | 565 | 4% | 13 | 567 |
Jul. 1, 2010—Sep. 30, 2010 | 3% | 11 | 565 | 4% | 13 | 567 |
Oct. 1, 2010—Dec. 31, 2010 | 3% | 11 | 565 | 4% | 13 | 567 |
Jan. 1, 2011—Mar. 31, 2011 | 2% | 9 | 563 | 3% | 11 | 565 |
Apr. 1, 2011—Jun. 30, 2011 | 3% | 11 | 565 | 4% | 13 | 567 |
Jul. 1, 2011—Sep. 30, 2011 | 3% | 11 | 565 | 4% | 13 | 567 |
Oct. 1, 2011—Dec. 31, 2011 | 2% | 9 | 563 | 3% | 11 | 565 |
Jan. 1, 2012—Mar. 31, 2012 | 2% | 57 | 611 | 3% | 59 | 613 |
Apr. 1, 2012—Jun. 30, 2012 | 2% | 57 | 611 | 3% | 59 | 613 |
Jul. 1, 2012—Sep. 30, 2012 | 2% | 57 | 611 | 3% | 59 | 613 |
Oct. 1, 2012—Dec. 31, 2012 | 2% | 57 | 611 | 3% | 59 | 613 |
Jan. 1, 2013—Mar. 31, 2013 | 2% | 9 | 563 | 3% | 11 | 565 |
Apr. 1, 2013—Jun. 30, 2013 | 2% | 9 | 563 | 3% | 11 | 565 |
Jul. 1, 2013—Sep. 30, 2013 | 2% | 9 | 563 | 3% | 11 | 565 |
TABLE OF INTEREST RATES FOR | |||
---|---|---|---|
LARGE CORPORATE UNDERPAYMENTS | |||
FROM JANUARY 1, 1991 — PRESENT | |||
1995-1 C.B. | |||
RATE | TABLE | PG | |
Jan. 1, 1991—Mar. 31, 1991 | 13% | 31 | 585 |
Apr. 1, 1991—Jun. 30, 1991 | 12% | 29 | 583 |
Jul. 1, 1991—Sep. 30, 1991 | 12% | 29 | 583 |
Oct. 1, 1991—Dec. 31, 1991 | 12% | 29 | 583 |
Jan. 1, 1992—Mar. 31, 1992 | 11% | 75 | 629 |
Apr. 1, 1992—Jun. 30, 1992 | 10% | 73 | 627 |
Jul. 1, 1992—Sep. 30, 1992 | 10% | 73 | 627 |
Oct. 1, 1992—Dec. 31, 1992 | 9% | 71 | 625 |
Jan. 1, 1993—Mar. 31, 1993 | 9% | 23 | 577 |
Apr. 1, 1993—Jun. 30, 1993 | 9% | 23 | 577 |
Jul. 1, 1993—Sep. 30, 1993 | 9% | 23 | 577 |
Oct. 1, 1993—Dec. 31, 1993 | 9% | 23 | 577 |
Jan. 1, 1994—Mar. 31, 1994 | 9% | 23 | 577 |
Apr. 1, 1994—Jun. 30, 1994 | 9% | 23 | 577 |
Jul. 1, 1994—Sep. 30, 1994 | 10% | 25 | 579 |
Oct. 1, 1994—Dec. 31, 1994 | 11% | 27 | 581 |
Jan. 1, 1995—Mar. 31, 1995 | 11% | 27 | 581 |
Apr. 1, 1995—Jun. 30, 1995 | 12% | 29 | 583 |
Jul. 1, 1995—Sep. 30, 1995 | 11% | 27 | 581 |
Oct. 1, 1995—Dec. 31, 1995 | 11% | 27 | 581 |
Jan. 1, 1996—Mar. 31, 1996 | 11% | 75 | 629 |
Apr. 1, 1996—Jun. 30, 1996 | 10% | 73 | 627 |
Jul. 1, 1996—Sep. 30, 1996 | 11% | 75 | 629 |
Oct. 1, 1996—Dec. 31, 1996 | 11% | 75 | 629 |
Jan. 1, 1997—Mar. 31, 1997 | 11% | 27 | 581 |
Apr. 1, 1997—Jun. 30, 1997 | 11% | 27 | 581 |
Jul. 1, 1997—Sep. 30, 1997 | 11% | 27 | 581 |
Oct. 1, 1997—Dec. 31, 1997 | 11% | 27 | 581 |
Jan. 1, 1998—Mar. 31, 1998 | 11% | 27 | 581 |
Apr. 1, 1998—Jun. 30, 1998 | 10% | 25 | 579 |
Jul. 1, 1998—Sep. 30, 1998 | 10% | 25 | 579 |
Oct. 1, 1998—Dec. 31, 1998 | 10% | 25 | 579 |
Jan. 1, 1999—Mar. 31, 1999 | 9% | 23 | 577 |
Apr. 1, 1999—Jun. 30, 1999 | 10% | 25 | 579 |
Jul. 1, 1999—Sep. 30, 1999 | 10% | 25 | 579 |
Oct. 1, 1999—Dec. 31, 1999 | 10% | 25 | 579 |
Jan. 1, 2000—Mar. 31, 2000 | 10% | 73 | 627 |
Apr. 1, 2000—Jun. 30, 2000 | 11% | 75 | 629 |
Jul. 1, 2000—Sep. 30, 2000 | 11% | 75 | 629 |
Oct. 1, 2000—Dec. 31, 2000 | 11% | 75 | 629 |
Jan. 1, 2001—Mar. 31, 2001 | 11% | 27 | 581 |
Apr. 1, 2001—Jun. 30, 2001 | 10% | 25 | 579 |
Jul. 1, 2001—Sep. 30, 2001 | 9% | 23 | 577 |
Oct. 1, 2001—Dec. 31, 2001 | 9% | 23 | 577 |
Jan. 1, 2002—Mar. 31, 2002 | 8% | 21 | 575 |
Apr. 1, 2002—Jun. 30, 2002 | 8% | 21 | 575 |
Jul. 1, 2002—Sep. 30, 2002 | 8% | 21 | 575 |
Oct. 1, 2002—Dec. 30, 2002 | 8% | 21 | 575 |
Jan. 1, 2003—Mar. 31, 2003 | 7% | 19 | 573 |
Apr. 1, 2003—Jun. 30, 2003 | 7% | 19 | 573 |
Jul. 1, 2003—Sep. 30, 2003 | 7% | 19 | 573 |
Oct. 1, 2003—Dec. 31, 2003 | 6% | 17 | 571 |
Jan. 1, 2004—Mar. 31, 2004 | 6% | 65 | 619 |
Apr. 1, 2004—Jun. 30, 2004 | 7% | 67 | 621 |
Jul. 1, 2004—Sep. 30, 2004 | 6% | 65 | 619 |
Oct. 1, 2004—Dec. 31, 2004 | 7% | 67 | 621 |
Jan. 1, 2005—Mar. 31, 2005 | 7% | 19 | 573 |
Apr. 1, 2005—Jun. 30, 2005 | 8% | 21 | 575 |
Jul. 1, 2005—Sep. 30, 2005 | 8% | 21 | 575 |
Oct. 1, 2005—Dec. 31, 2005 | 9% | 23 | 577 |
Jan. 1, 2006—Mar. 31, 2006 | 9% | 23 | 577 |
Apr. 1, 2006—Jun. 30, 2006 | 9% | 23 | 577 |
Jul. 1, 2006—Sep. 30, 2006 | 10% | 25 | 579 |
Oct. 1, 2006—Dec. 31, 2006 | 10% | 25 | 579 |
Jan. 1, 2007—Mar. 31, 2007 | 10% | 25 | 579 |
Apr. 1, 2007—Jun. 30, 2007 | 10% | 25 | 579 |
Jul. 1, 2007—Sep. 30, 2007 | 10% | 25 | 579 |
Oct. 1, 2007—Dec. 31, 2007 | 10% | 25 | 579 |
Jan. 1, 2008—Mar. 31, 2008 | 9% | 71 | 625 |
Apr. 1, 2008—Jun. 30, 2008 | 8% | 69 | 623 |
Jul. 1, 2008—Sep. 30, 2008 | 7% | 67 | 621 |
Oct. 1, 2008—Dec. 31, 2008 | 8% | 69 | 623 |
Jan. 1, 2009—Mar. 31, 2009 | 7% | 19 | 573 |
Apr. 1, 2009—Jun. 30, 2009 | 6% | 17 | 571 |
Jul. 1, 2009—Sep. 30, 2009 | 6% | 17 | 571 |
Oct. 1, 2009—Dec. 31, 2009 | 6% | 17 | 571 |
Jan. 1, 2010—Mar. 31, 2010 | 6% | 17 | 571 |
Apr. 1, 2010—Jun. 30, 2010 | 6% | 17 | 571 |
Jul. 1, 2010—Sep. 30, 2010 | 6% | 17 | 571 |
Oct. 1, 2010—Dec. 31, 2010 | 6% | 17 | 571 |
Jan. 1, 2011—Mar. 31, 2011 | 5% | 15 | 569 |
Apr. 1, 2011—Jun. 30, 2011 | 6% | 17 | 571 |
Jul. 1, 2011—Sep. 30, 2011 | 6% | 17 | 571 |
Oct. 1, 2011—Dec. 31, 2011 | 5% | 15 | 569 |
Jan. 1, 2012—Mar. 31, 2012 | 5% | 63 | 617 |
Apr. 1, 2012—Jun. 30, 2012 | 5% | 63 | 617 |
Jul. 1, 2012—Sep. 30, 2012 | 5% | 63 | 617 |
Oct. 1, 2012—Dec. 31, 2012 | 5% | 63 | 617 |
Jan. 1, 2013—Mar. 31, 2013 | 5% | 15 | 569 |
Apr. 1, 2013—Jun. 30, 2013 | 5% | 15 | 569 |
Jul. 1, 2013—Sep. 30, 2013 | 5% | 15 | 569 |
TABLE OF INTEREST RATES FOR CORPORATE | |||
---|---|---|---|
OVERPAYMENTS EXCEEDING $10,000 | |||
FROM JANUARY 1, 1995 — PRESENT | |||
1995-1 C.B. | |||
RATE | TABLE | PG | |
Jan. 1, 1995—Mar. 31, 1995 | 6.5% | 18 | 572 |
Apr. 1, 1995—Jun. 30, 1995 | 7.5% | 20 | 574 |
Jul. 1, 1995—Sep. 30, 1995 | 6.5% | 18 | 572 |
Oct. 1, 1995—Dec. 31, 1995 | 6.5% | 18 | 572 |
Jan. 1, 1996—Mar. 31, 1996 | 6.5% | 66 | 620 |
Apr. 1, 1996—Jun. 30, 1996 | 5.5% | 64 | 618 |
Jul. 1, 1996—Sep. 30, 1996 | 6.5% | 66 | 620 |
Oct. 1, 1996—Dec. 31, 1996 | 6.5% | 66 | 620 |
Jan. 1, 1997—Mar. 31, 1997 | 6.5% | 18 | 572 |
Apr. 1, 1997—Jun. 30, 1997 | 6.5% | 18 | 572 |
Jul. 1, 1997—Sep. 30, 1997 | 6.5% | 18 | 572 |
Oct. 1, 1997—Dec. 31, 1997 | 6.5% | 18 | 572 |
Jan. 1, 1998—Mar. 31, 1998 | 6.5% | 18 | 572 |
Apr. 1, 1998—Jun. 30, 1998 | 5.5% | 16 | 570 |
Jul. 1, 1998—Sep. 30, 1998 | 5.5% | 16 | 570 |
Oct. 1, 1998—Dec. 31, 1998 | 5.5% | 16 | 570 |
Jan. 1, 1999—Mar. 31, 1999 | 4.5% | 14 | 568 |
Apr. 1, 1999—Jun. 30, 1999 | 5.5% | 16 | 570 |
Jul. 1, 1999—Sep. 30, 1999 | 5.5% | 16 | 570 |
Oct. 1, 1999—Dec. 31, 1999 | 5.5% | 16 | 570 |
Jan. 1, 2000—Mar. 31, 2000 | 5.5% | 64 | 618 |
Apr. 1, 2000—Jun. 30, 2000 | 6.5% | 66 | 620 |
Jul. 1, 2000—Sep. 30, 2000 | 6.5% | 66 | 620 |
Oct. 1, 2000—Dec. 31, 2000 | 6.5% | 66 | 620 |
Jan. 1, 2001—Mar. 31, 2001 | 6.5% | 18 | 572 |
Apr. 1, 2001—Jun. 30, 2001 | 5.5% | 16 | 570 |
Jul. 1, 2001—Sep. 30, 2001 | 4.5% | 14 | 568 |
Oct. 1, 2001—Dec. 31, 2001 | 4.5% | 14 | 568 |
Jan. 1, 2002—Mar. 31, 2002 | 3.5% | 12 | 566 |
Apr. 1, 2002—Jun. 30, 2002 | 3.5% | 12 | 566 |
Jul. 1, 2002—Sep. 30, 2002 | 3.5% | 12 | 566 |
Oct. 1, 2002—Dec. 31, 2002 | 3.5% | 12 | 566 |
Jan. 1, 2003—Mar. 31, 2003 | 2.5% | 10 | 564 |
Apr. 1, 2003—Jun. 30, 2003 | 2.5% | 10 | 564 |
Jul. 1, 2003—Sep. 30, 2003 | 2.5% | 10 | 564 |
Oct. 1, 2003—Dec. 31, 2003 | 1.5% | 8 | 562 |
Jan. 1, 2004—Mar. 31, 2004 | 1.5% | 56 | 610 |
Apr. 1, 2004—Jun. 30, 2004 | 2.5% | 58 | 612 |
Jul. 1, 2004—Sep. 30, 2004 | 1.5% | 56 | 610 |
Oct. 1, 2004—Dec. 31, 2004 | 2.5% | 58 | 612 |
Jan. 1, 2005—Mar. 31, 2005 | 2.5% | 10 | 564 |
Apr. 1, 2005—Jun. 30, 2005 | 3.5% | 12 | 566 |
Jul. 1, 2005—Sep. 30, 2005 | 3.5% | 12 | 566 |
Oct. 1, 2005—Dec. 31, 2005 | 4.5% | 14 | 568 |
Jan. 1, 2006—Mar. 31, 2006 | 4.5% | 14 | 568 |
Apr. 1, 2006—Jun. 30, 2006 | 4.5% | 14 | 568 |
Jul. 1, 2006—Sep. 30, 2006 | 5.5% | 16 | 570 |
Oct. 1, 2006—Dec. 31, 2006 | 5.5% | 16 | 570 |
Jan. 1, 2007—Mar. 31, 2007 | 5.5% | 16 | 570 |
Apr. 1, 2007—Jun. 30, 2007 | 5.5% | 16 | 570 |
Jul. 1, 2007—Sep. 30, 2007 | 5.5% | 16 | 570 |
Oct. 1, 2007—Dec. 31, 2007 | 5.5% | 16 | 570 |
Jan. 1, 2008—Mar. 31, 2008 | 4.5% | 62 | 616 |
Apr. 1, 2008—Jun. 30, 2008 | 3.5% | 60 | 614 |
Jul. 1, 2008—Sep. 30, 2008 | 2.5% | 58 | 612 |
Oct. 1, 2008—Dec. 31, 2008 | 3.5% | 60 | 614 |
Jan. 1, 2009—Mar. 31, 2009 | 2.5% | 10 | 564 |
Apr. 1, 2009—Jun. 30, 2009 | 1.5% | 8 | 562 |
Jul. 1, 2009—Sep. 30, 2009 | 1.5% | 8 | 562 |
Oct. 1, 2009—Dec. 31, 2009 | 1.5% | 8 | 562 |
Jan. 1, 2010—Mar. 31, 2010 | 1.5% | 8 | 562 |
Apr. 1, 2010—Jun. 30, 2010 | 1.5% | 8 | 562 |
Jul. 1, 2010—Sep. 30, 2010 | 1.5% | 8 | 562 |
Oct. 1, 2010—Dec. 31, 2010 | 1.5% | 8 | 562 |
Jan. 1, 2011—Mar. 31, 2011 | 0.5%* | ||
Apr. 1, 2011—Jun. 30, 2011 | 1.5% | 8 | 562 |
Jul. 1, 2011—Sep. 30, 2011 | 1.5% | 8 | 562 |
Oct. 1, 2011—Dec. 31, 2011 | 0.5%* | ||
Jan. 1, 2012—Mar. 31, 2012 | 0.5%* | ||
Apr. 1, 2012—Jun. 30, 2012 | 0.5%* | ||
Jul. 1, 2012—Sep. 30, 2012 | 0.5%* | ||
Oct. 1, 2012—Dec. 31, 2012 | 0.5%* | ||
Jan. 1, 2013—Mar. 31, 2013 | 0.5%* | ||
Apr. 1, 2013—Jun. 30, 2013 | 0.5%* | ||
Jul. 1, 2013—Sep. 30, 2013 | 0.5%* |
This revenue ruling provides that the fideicomiso or Mexican Land Trust arrangements described in this ruling are not trusts within the meaning of § 301.7701-4(a).
Is the fideicomiso or Mexican Land Trust arrangement (“MLT”), described below, a trust under Treasury Regulation § 301.7701-4(a)?
The Mexican Federal Constitution prohibits non-Mexican persons from directly holding title to residential real property in certain areas of Mexico (“restricted zones”). Non-Mexican persons, however, may hold residential real property located in the restricted zones through an MLT with a Mexican bank after obtaining a permit from the Mexican Ministry of Foreign Affairs.
A, a U.S. citizen, is the sole owner of X, a limited liability company organized under the laws of state Z in the United States. X is disregarded as an entity separate from its owner under § 301.7701-2(a) (a disregarded entity). A, through X, wanted to purchase Greenacre. Greenacre is Mexican residential real property located in a restricted zone. Neither A nor X may hold title directly to Greenacre under Mexican law.
X obtained a permit from the Mexican Ministry of Foreign Affairs and signed an MLT agreement with B, a Mexican bank. X negotiated the purchase of Greenacre directly with the seller of the property and paid the seller directly. The seller had no interactions with B with respect to the sale. At settlement, legal title to Greenacre was transferred from the seller to B, subject to the MLT agreement, as of the date of sale. No property other than Greenacre is subject to the MLT agreement.
Under the terms of the MLT agreement, X has the right to sell Greenacre without permission from B. Further, B must grant a security interest in Greenacre to a third party, such as a mortgage lender, if X so requests. X is directly responsible for the payment of all liabilities relating to Greenacre. X must pay any taxes due in Mexico with respect to Greenacre directly to the Mexican taxing authority. X has the exclusive right to possess Greenacre and to make any desired modifications, limited only by the need to obtain the proper licenses and permits in Mexico. If Greenacre is occasionally leased, X directly receives the rental income and A, as the owner of X, reports the income on A’s U.S. federal income tax return.
Although B is identified as a fiduciary in the MLT agreement, it disclaims all responsibility for Greenacre, including obtaining clear title. B has no duty to defend or maintain Greenacre. B collects a nominal annual fee from X. There is no other agreement or arrangement between or among A, X, B, or a third party that would cause the overall relationship to be classified as a partnership (or any other type of entity) for U.S. federal income tax purposes.
The facts are the same as in Situation 1 except that X is a corporation organized under the laws of State Z in the United States. X is treated as a corporation under § 301.7701-2(a). If Greenacre is occasionally leased, X directly receives the rental income and reports the income on its U.S. federal income tax return.
The facts are the same as in Situation 1 except that A deals directly with B without interposing X or any other entity. A obtained the permit from the Mexican Ministry of Foreign Affairs, signed the MLT agreement with B, and negotiated the purchase of Greenacre. Additionally, the provisions of the MLT agreement that apply to X in Situation 1 instead apply to A. If Greenacre is occasionally leased, A directly receives the rental income and reports the income on A’s U.S. federal income tax return. B collects a nominal annual fee from A. There is no other agreement or arrangement between or among A, B, or a third party that would cause the overall relationship to be classified as a partnership (or any other type of entity) for U.S. federal income tax purposes.
Section 301.7701-1(a)(1) provides that whether an organization is an entity separate from its owners for federal tax purposes is a matter of federal tax law and does not depend on whether the organization is recognized as an entity under local law.
Section 301.7701-2(a) defines a “business entity” as any entity recognized for federal tax purposes (including an entity with a single owner that may be disregarded as an entity separate from its owner under § 301.7701-3) that is not properly classified as a trust under § 301.7701-4 or otherwise subject to special treatment under the Code. If a business entity with only one owner is disregarded as separate from its owner, its activities generally are treated in the same manner as a sole proprietorship, branch, or division of the owner.
Section 301.7701-4(a) provides that the term “trust” refers to an arrangement created by a will or by an inter vivos declaration whereby trustees take title to property for the purpose of protecting or conserving it for the beneficiaries. Usually the beneficiaries of such a trust do no more than accept the benefits thereof and are not the voluntary planners or creators of the trust arrangement. However, the beneficiaries of a trust may be the persons who create it, and it will be recognized as a trust if it was created for the purpose of protecting and conserving the trust property for beneficiaries who stand in the same relation to the trust as they would if the trust had been created by others for them. Generally, an arrangement is treated as a trust if it can be shown that the purpose of the arrangement is to vest in trustees the responsibility for the protection and conservation of property for beneficiaries who cannot share in the discharge of this responsibility.
Rev. Rul. 92-105, 1992-2 C.B. 204, addresses the transfer of a taxpayer’s interest in an Illinois land trust under § 1031. Under the facts of the ruling, an individual taxpayer created an Illinois land trust and named a domestic corporation as trustee. Under the deed of trust, the taxpayer transferred legal and equitable title to the real property to the trust, subject to the provisions of an accompanying land trust agreement. The land trust agreement provided that the taxpayer retained exclusive control of the management, operation, renting, and selling of the real property, together with an exclusive right to the earnings and proceeds from the real property. Under the agreement, the taxpayer was required to file all tax returns, pay all taxes, and satisfy any other liabilities with respect to the real property. Rev. Rul. 92-105 concludes that, because the trustee’s only responsibility was to hold and transfer title at the direction of the taxpayer, a trust, as defined in § 301.7701-4(a), was not established. The ruling holds that, on the facts described in the ruling, the trustee was a mere agent for the holding and transfer of title to the real property, and the taxpayer retained direct ownership of the real property for federal income tax purposes.
Because B’s only duties under the MLT agreement are to hold the legal title to Greenacre and transfer title at the direction of X, the MLT is not a trust. X retains the right to manage and control Greenacre. X has the right to collect any rent on Greenacre. In addition, X has the obligation to pay directly any taxes and other liabilities due with respect to Greenacre. Accordingly, because X is treated as a disregarded entity under § 301.7701-2, A is treated as the owner of Greenacre.
The MLT is not a trust, and the analysis is the same as in Situation 1 except that, because X is treated as a corporation under § 301.7701-2(a), X is treated as the owner of Greenacre.
Because B’s only duties under the MLT agreement are to hold the legal title to Greenacre and transfer title at the direction of A, the MLT is not a trust. A retains the right to manage and control Greenacre. A has the right to collect any rent on Greenacre. In addition, A has the obligation to pay directly any taxes and other liabilities due with respect to Greenacre. Accordingly, A is treated as the owner of Greenacre.
In all three situations described above, the MLT is not a trust within the meaning of § 301.7701-4(a). If, under the MLT agreement, B holds legal title to any assets other than Greenacre or is permitted or required to engage in any activity beyond holding legal title to Greenacre, the holding of this revenue ruling does not apply and the rules of §§ 301.7701-1 through 301.7701-4 will determine the federal tax classification of the MLT.
This notice provides guidance on the corporate bond monthly yield curve (and the corresponding spot segment rates), and the 24-month average segment rates under § 430(h)(2) of the Internal Revenue Code. In addition, this notice provides guidance as to the interest rate on 30-year Treasury securities under § 417(e)(3)(A)(ii)(II) as in effect for plan years beginning before 2008, the 30-year Treasury weighted average rate under § 431(c)(6)(E)(ii)(I), and the minimum present value segment rates under § 417(e)(3)(D) as in effect for plan years beginning after 2007. These rates reflect certain changes implemented by the Moving Ahead for Progress in the 21st Century Act, Public Law 112-141 (MAP-21). MAP-21 provides that for purposes of § 430(h)(2), the segment rates are limited by the applicable maximum percentage or the applicable minimum percentage based on the average of segment rates over a 25 year period.
Generally, except for certain plans under sections 104 and 105 of the Pension Protection Act of 2006, § 430 of the Code specifies the minimum funding requirements that apply to single employer plans pursuant to § 412. Section 430(h)(2) specifies the interest rates that must be used to determine a plan’s target normal cost and funding target. Under this provision, present value is generally determined using three 24-month average interest rates (“segment rates”), each of which applies to cash flows during specified periods. To the extent provided under § 430(h)(2)(C)(iv), these segment rates are adjusted by the applicable percentage of the 25-year average segment rates for the period ending September 30 of the year preceding the calendar year in which the plan year begins. However, an election may be made under § 430(h)(2)(D)(ii) to use the monthly yield curve in place of the segment rates.
Notice 2007-81, 2007-44 I.R.B. 899, provides guidelines for determining the monthly corporate bond yield curve, and the 24-month average corporate bond segment rates used to compute the target normal cost and the funding target. Pursuant to Notice 2007-81, the monthly corporate bond yield curve derived from May 2013 data is in Table I at the end of this notice. The spot first, second, and third segment rates for the month of May 2013 are, respectively, 0.97, 3.76, and 5.01. For plan years beginning on or after January 1, 2012, the 24-month average segment rates determined under § 430(h)(2)(C)(iv) must be adjusted by the applicable percentage of the corresponding 25-year average segment rates. The 25-year average segment rates for plan years beginning in 2012 and for plan years beginning in 2013 were published in Notices 2012-55 and 2013-11, respectively. The three 24-month average corporate bond segment rates applicable for June 2013 without adjustment, and the adjusted 24-month average segment rates taking into account the applicable percentages of the corresponding 25-year average segment rates, are as follows:
For Plan Years Beginning In | 24-Month Average Segment Rates Not Adjusted | Adjusted 24-Month Average Segment Rates, Based on Applicable Percentage of 25-Year Average Rates | ||||||
---|---|---|---|---|---|---|---|---|
Applicable Month | First Segment | Second Segment | Third Segment | First Segment | Second Segment | Third Segment | ||
2012 | June | 2013 | 1.43 | 4.10 | 5.15 | 5.54 | 6.85 | 7.52 |
2013 | June | 2013 | 1.43 | 4.10 | 5.15 | 4.94 | 6.15 | 6.76 |
Generally for plan years beginning after 2007, § 431 specifies the minimum funding requirements that apply to multiemployer plans pursuant to § 412. Section 431(c)(6)(B) specifies a minimum amount for the full-funding limitation described in section 431(c)(6)(A), based on the plan’s current liability. Section 431(c)(6)(E)(ii)(I) provides that the interest rate used to calculate current liability for this purpose must be no more than 5 percent above and no more than 10 percent below the weighted average of the rates of interest on 30-year Treasury securities during the four-year period ending on the last day before the beginning of the plan year. Notice 88-73, 1988-2 C.B. 383, provides guidelines for determining the weighted average interest rate. The rate of interest on 30-year Treasury securities for May 2013 is 3.11 percent. The Service has determined this rate as the average of the daily determinations of yield on the 30-year Treasury bond maturing in February 2043 determined each day through May 8, 2013, and the yield on the 30-year Treasury bond maturing in May 2043 determined each day for the balance of the month. The following rates were determined for plan years beginning in the month shown below.
For Plan Years Beginning in | 30-Year Treasury Weighted Average | Permissible Range | |||
---|---|---|---|---|---|
Month | Year | 90% | to | 105% | |
June | 2013 | 3.45 | 3.11 | 3.63 |
In general, the applicable interest rates under § 417(e)(3)(D) are segment rates computed without regard to a 24-month average. Notice 2007-81 provides guidelines for determining the minimum present value segment rates. Pursuant to that notice, the minimum present value segment rates determined for May 2013 are as follows:
First Segment | Second Segment | Third Segment |
---|---|---|
0.97 | 3.76 | 5.01 |
The principal author of this notice is Tony Montanaro of the Employee Plans, Tax Exempt and Government Entities Division. Mr. Montanaro may be e-mailed at RetirementPlanQuestions@irs.gov.
Table I | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Monthly Yield Curve for May 2013 Derived from May 2013 Data | |||||||||||||
Maturity | Yield | Maturity | Yield | Maturity | Yield | Maturity | Yield | Maturity | Yield | ||||
0.5 | 0.26 | 20.5 | 4.70 | 40.5 | 5.05 | 60.5 | 5.18 | 80.5 | 5.25 | ||||
1.0 | 0.45 | 21.0 | 4.71 | 41.0 | 5.06 | 61.0 | 5.18 | 81.0 | 5.25 | ||||
1.5 | 0.62 | 21.5 | 4.73 | 41.5 | 5.06 | 61.5 | 5.19 | 81.5 | 5.25 | ||||
2.0 | 0.77 | 22.0 | 4.74 | 42.0 | 5.06 | 62.0 | 5.19 | 82.0 | 5.25 | ||||
2.5 | 0.91 | 22.5 | 4.75 | 42.5 | 5.07 | 62.5 | 5.19 | 82.5 | 5.25 | ||||
3.0 | 1.04 | 23.0 | 4.77 | 43.0 | 5.07 | 63.0 | 5.19 | 83.0 | 5.25 | ||||
3.5 | 1.17 | 23.5 | 4.78 | 43.5 | 5.08 | 63.5 | 5.19 | 83.5 | 5.25 | ||||
4.0 | 1.32 | 24.0 | 4.79 | 44.0 | 5.08 | 64.0 | 5.20 | 84.0 | 5.26 | ||||
4.5 | 1.47 | 24.5 | 4.80 | 44.5 | 5.09 | 64.5 | 5.20 | 84.5 | 5.26 | ||||
5.0 | 1.64 | 25.0 | 4.81 | 45.0 | 5.09 | 65.0 | 5.20 | 85.0 | 5.26 | ||||
5.5 | 1.83 | 25.5 | 4.82 | 45.5 | 5.09 | 65.5 | 5.20 | 85.5 | 5.26 | ||||
6.0 | 2.02 | 26.0 | 4.83 | 46.0 | 5.10 | 66.0 | 5.20 | 86.0 | 5.26 | ||||
6.5 | 2.21 | 26.5 | 4.84 | 46.5 | 5.10 | 66.5 | 5.20 | 86.5 | 5.26 | ||||
7.0 | 2.41 | 27.0 | 4.86 | 47.0 | 5.11 | 67.0 | 5.21 | 87.0 | 5.26 | ||||
7.5 | 2.60 | 27.5 | 4.87 | 47.5 | 5.11 | 67.5 | 5.21 | 87.5 | 5.26 | ||||
8.0 | 2.79 | 28.0 | 4.88 | 48.0 | 5.11 | 68.0 | 5.21 | 88.0 | 5.26 | ||||
8.5 | 2.98 | 28.5 | 4.89 | 48.5 | 5.12 | 68.5 | 5.21 | 88.5 | 5.26 | ||||
9.0 | 3.15 | 29.0 | 4.89 | 49.0 | 5.12 | 69.0 | 5.21 | 89.0 | 5.27 | ||||
9.5 | 3.31 | 29.5 | 4.90 | 49.5 | 5.12 | 69.5 | 5.22 | 89.5 | 5.27 | ||||
10.0 | 3.46 | 30.0 | 4.91 | 50.0 | 5.13 | 70.0 | 5.22 | 90.0 | 5.27 | ||||
10.5 | 3.60 | 30.5 | 4.92 | 50.5 | 5.13 | 70.5 | 5.22 | 90.5 | 5.27 | ||||
11.0 | 3.73 | 31.0 | 4.93 | 51.0 | 5.13 | 71.0 | 5.22 | 91.0 | 5.27 | ||||
11.5 | 3.84 | 31.5 | 4.94 | 51.5 | 5.13 | 71.5 | 5.22 | 91.5 | 5.27 | ||||
12.0 | 3.95 | 32.0 | 4.95 | 52.0 | 5.14 | 72.0 | 5.22 | 92.0 | 5.27 | ||||
12.5 | 4.04 | 32.5 | 4.95 | 52.5 | 5.14 | 72.5 | 5.22 | 92.5 | 5.27 | ||||
13.0 | 4.13 | 33.0 | 4.96 | 53.0 | 5.14 | 73.0 | 5.23 | 93.0 | 5.27 | ||||
13.5 | 4.20 | 33.5 | 4.97 | 53.5 | 5.15 | 73.5 | 5.23 | 93.5 | 5.27 | ||||
14.0 | 4.27 | 34.0 | 4.98 | 54.0 | 5.15 | 74.0 | 5.23 | 94.0 | 5.28 | ||||
14.5 | 4.33 | 34.5 | 4.98 | 54.5 | 5.15 | 74.5 | 5.23 | 94.5 | 5.28 | ||||
15.0 | 4.38 | 35.0 | 4.99 | 55.0 | 5.15 | 75.0 | 5.23 | 95.0 | 5.28 | ||||
15.5 | 4.43 | 35.5 | 5.00 | 55.5 | 5.16 | 75.5 | 5.23 | 95.5 | 5.28 | ||||
16.0 | 4.47 | 36.0 | 5.00 | 56.0 | 5.16 | 76.0 | 5.23 | 96.0 | 5.28 | ||||
16.5 | 4.51 | 36.5 | 5.01 | 56.5 | 5.16 | 76.5 | 5.24 | 96.5 | 5.28 | ||||
17.0 | 4.54 | 37.0 | 5.01 | 57.0 | 5.16 | 77.0 | 5.24 | 97.0 | 5.28 | ||||
17.5 | 4.57 | 37.5 | 5.02 | 57.5 | 5.17 | 77.5 | 5.24 | 97.5 | 5.28 | ||||
18.0 | 4.59 | 38.0 | 5.02 | 58.0 | 5.17 | 78.0 | 5.24 | 98.0 | 5.28 | ||||
18.5 | 4.62 | 38.5 | 5.03 | 58.5 | 5.17 | 78.5 | 5.24 | 98.5 | 5.28 | ||||
19.0 | 4.64 | 39.0 | 5.04 | 59.0 | 5.17 | 79.0 | 5.24 | 99.0 | 5.28 | ||||
19.5 | 4.66 | 39.5 | 5.04 | 59.5 | 5.18 | 79.5 | 5.24 | 99.5 | 5.28 | ||||
20.0 | 4.68 | 40.0 | 5.05 | 60.0 | 5.18 | 80.0 | 5.25 | 100.0 | 5.29 |
Amplified describes a situation where no change is being made in a prior published position, but the prior position is being extended to apply to a variation of the fact situation set forth therein. Thus, if an earlier ruling held that a principle applied to A, and the new ruling holds that the same principle also applies to B, the earlier ruling is amplified. (Compare with modified, below).
Clarified is used in those instances where the language in a prior ruling is being made clear because the language has caused, or may cause, some confusion. It is not used where a position in a prior ruling is being changed.
Distinguished describes a situation where a ruling mentions a previously published ruling and points out an essential difference between them.
Modified is used where the substance of a previously published position is being changed. Thus, if a prior ruling held that a principle applied to A but not to B, and the new ruling holds that it applies to both A and B, the prior ruling is modified because it corrects a published position. (Compare with amplified and clarified, above).
Obsoleted describes a previously published ruling that is not considered determinative with respect to future transactions. This term is most commonly used in a ruling that lists previously published rulings that are obsoleted because of changes in laws or regulations. A ruling may also be obsoleted because the substance has been included in regulations subsequently adopted.
Revoked describes situations where the position in the previously published ruling is not correct and the correct position is being stated in a new ruling.
Superseded describes a situation where the new ruling does nothing more than restate the substance and situation of a previously published ruling (or rulings). Thus, the term is used to republish under the 1986 Code and regulations the same position published under the 1939 Code and regulations. The term is also used when it is desired to republish in a single ruling a series of situations, names, etc., that were previously published over a period of time in separate rulings. If the new ruling does more than restate the substance of a prior ruling, a combination of terms is used. For example, modified and superseded describes a situation where the substance of a previously published ruling is being changed in part and is continued without change in part and it is desired to restate the valid portion of the previously published ruling in a new ruling that is self contained. In this case, the previously published ruling is first modified and then, as modified, is superseded.
Supplemented is used in situations in which a list, such as a list of the names of countries, is published in a ruling and that list is expanded by adding further names in subsequent rulings. After the original ruling has been supplemented several times, a new ruling may be published that includes the list in the original ruling and the additions, and supersedes all prior rulings in the series.
Suspended is used in rare situations to show that the previous published rulings will not be applied pending some future action such as the issuance of new or amended regulations, the outcome of cases in litigation, or the outcome of a Service study.
Revenue rulings and revenue procedures (hereinafter referred to as “rulings”) that have an effect on previous rulings use the following defined terms to describe the effect:
The following abbreviations in current use and formerly used will appear in material published in the Bulletin.
A—Individual.
Acq.—Acquiescence.
B—Individual.
BE—Beneficiary.
BK—Bank.
B.T.A.—Board of Tax Appeals.
C—Individual.
C.B.—Cumulative Bulletin.
CFR—Code of Federal Regulations.
CI—City.
COOP—Cooperative.
Ct.D.—Court Decision.
CY—County.
D—Decedent.
DC—Dummy Corporation.
DE—Donee.
Del. Order—Delegation Order.
DISC—Domestic International Sales Corporation.
DR—Donor.
E—Estate.
EE—Employee.
E.O.—Executive Order.
ER—Employer.
ERISA—Employee Retirement Income Security Act.
EX—Executor.
F—Fiduciary.
FC—Foreign Country.
FICA—Federal Insurance Contributions Act.
FISC—Foreign International Sales Company.
FPH—Foreign Personal Holding Company.
F.R.—Federal Register.
FUTA—Federal Unemployment Tax Act.
FX—Foreign corporation.
G.C.M.—Chief Counsel’s Memorandum.
GE—Grantee.
GP—General Partner.
GR—Grantor.
IC—Insurance Company.
I.R.B.—Internal Revenue Bulletin.
LE—Lessee.
LP—Limited Partner.
LR—Lessor.
M—Minor.
Nonacq.—Nonacquiescence.
O—Organization.
P—Parent Corporation.
PHC—Personal Holding Company.
PO—Possession of the U.S.
PR—Partner.
PRS—Partnership.
PTE—Prohibited Transaction Exemption.
Pub. L.—Public Law.
REIT—Real Estate Investment Trust.
Rev. Proc.—Revenue Procedure.
Rev. Rul.—Revenue Ruling.
S—Subsidiary.
S.P.R.—Statement of Procedural Rules.
Stat.—Statutes at Large.
T—Target Corporation.
T.C.—Tax Court.
T.D. —Treasury Decision.
TFE—Transferee.
TFR—Transferor.
T.I.R.—Technical Information Release.
TP—Taxpayer.
TR—Trust.
TT—Trustee.
U.S.C.—United States Code.
X—Corporation.
Y—Corporation.
Z—Corporation.
A cumulative list of all revenue rulings, revenue procedures, Treasury decisions, etc., published in Internal Revenue Bulletins 2012-27 through 2012-52 is in Internal Revenue Bulletin 2012-52, dated December 27, 2012.
Bulletins 2013-1 through 2013-26
Announcements
Article | Issue | Link | Page |
---|---|---|---|
2013-1 | 2013-1 I.R.B. | 2013-1 | 251 |
2013-2 | 2013-2 I.R.B. | 2013-2 | 271 |
2013-3 | 2013-2 I.R.B. | 2013-2 | 271 |
2013-4 | 2013-4 I.R.B. | 2013-4 | 440 |
2013-5 | 2013-3 I.R.B. | 2013-3 | 306 |
2013-6 | 2013-3 I.R.B. | 2013-3 | 307 |
2013-7 | 2013-3 I.R.B. | 2013-3 | 308 |
2013-8 | 2013-4 I.R.B. | 2013-4 | 440 |
2013-9 | 2013-4 I.R.B. | 2013-4 | 441 |
2013-10 | 2013-3 I.R.B. | 2013-3 | 311 |
2013-11 | 2013-6 I.R.B. | 2013-6 | 483 |
2013-12 | 2013-11 I.R.B. | 2013-11 | 651 |
2013-13 | 2013-9 I.R.B. | 2013-9 | 532 |
2013-14 | 2013-11 I.R.B. | 2013-11 | 651 |
2013-15 | 2013-11 I.R.B. | 2013-11 | 652 |
2013-16 | 2013-14 I.R.B. | 2013-14 | 738 |
2013-17 | 2013-16 I.R.B. | 2013-16 | 911 |
2013-18 | 2013-25 I.R.B. | 2013-25 | 1256 |
2013-19 | 2013-14 I.R.B. | 2013-14 | 760 |
2013-20 | 2013-14 I.R.B. | 2013-14 | 761 |
2013-21 | 2013-17 I.R.B. | 2013-17 | 980 |
2013-22 | 2013-17 I.R.B. | 2013-17 | 981 |
2013-23 | 2013-16 I.R.B. | 2013-16 | 940 |
2013-24 | 2013-24 I.R.B. | 2013-24 | 1249 |
2013-25 | 2013-24 I.R.B. | 2013-24 | 1249 |
2013-26 | 2013-16 I.R.B. | 2013-16 | 940 |
2013-27 | 2013-17 I.R.B. | 2013-17 | 981 |
2013-28 | 2013-17 I.R.B. | 2013-17 | 982 |
2013-29 | 2013-18 I.R.B. | 2013-18 | 1024 |
2013-30 | 2013-21 I.R.B. | 2013-21 | 1134 |
2013-31 | 2013-21 I.R.B. | 2013-21 | 1135 |
2013-32 | 2013-22 I.R.B. | 2013-22 | 1192 |
2013-33 | 2013-20 I.R.B. | 2013-20 | 1098 |
2013-34 | 2013-23 I.R.B. | 2013-23 | 1207 |
Notices
Article | Issue | Link | Page |
---|---|---|---|
2013-1 | 2013-3 I.R.B. | 2013-3 | 281 |
2013-2 | 2013-6 I.R.B. | 2013-6 | 473 |
2013-3 | 2013-7 I.R.B. | 2013-7 | 484 |
2013-4 | 2013-9 I.R.B. | 2013-9 | 527 |
2013-5 | 2013-9 I.R.B. | 2013-9 | 529 |
2013-6 | 2013-10 I.R.B. | 2013-10 | 540 |
2013-7 | 2013-6 I.R.B. | 2013-6 | 477 |
2013-8 | 2013-7 I.R.B. | 2013-7 | 486 |
2013-9 | 2013-9 I.R.B. | 2013-9 | 529 |
2013-10 | 2013-8 I.R.B. | 2013-8 | 503 |
2013-11 | 2013-11 I.R.B. | 2013-11 | 610 |
2013-12 | 2013-10 I.R.B. | 2013-10 | 543 |
2013-13 | 2013-12 I.R.B. | 2013-12 | 659 |
2013-14 | 2013-13 I.R.B. | 2013-13 | 712 |
2013-15 | 2013-14 I.R.B. | 2013-14 | 739 |
2013-16 | 2013-14 I.R.B. | 2013-14 | 740 |
2013-17 | 2013-20 I.R.B. | 2013-20 | 1082 |
2013-18 | 2013-14 I.R.B. | 2013-14 | 742 |
2013-19 | 2013-14 I.R.B. | 2013-14 | 743 |
2013-20 | 2013-15 I.R.B. | 2013-15 | 902 |
2013-21 | 2013-15 I.R.B. | 2013-15 | 903 |
2013-22 | 2013-15 I.R.B. | 2013-15 | 904 |
2013-23 | 2013-16 I.R.B. | 2013-16 | 906 |
2013-24 | 2013-16 I.R.B. | 2013-16 | 909 |
2013-25 | 2013-17 I.R.B. | 2013-17 | 978 |
2013-26 | 2013-18 I.R.B. | 2013-18 | 984 |
2013-27 | 2013-18 I.R.B. | 2013-18 | 985 |
2013-28 | 2013-19 I.R.B. | 2013-19 | 1039 |
2013-29 | 2013-20 I.R.B. | 2013-20 | 1085 |
2013-30 | 2013-21 I.R.B. | 2013-21 | 1099 |
2013-31 | 2013-21 I.R.B. | 2013-21 | 1099 |
2013-32 | 2013-22 I.R.B. | 2013-22 | 1137 |
2013-33 | 2013-22 I.R.B. | 2013-22 | 1140 |
2013-34 | 2013-23 I.R.B. | 2013-23 | 1198 |
2013-35 | 2013-24 I.R.B. | 2013-24 | 1240 |
2013-36 | 2013-24 I.R.B. | 2013-24 | 1242 |
2013-37 | 2013-26 I.R.B. | 2013-26 | |
2013-38 | 2013-25 I.R.B. | 2013-25 | 1251 |
2013-39 | 2013-25 I.R.B. | 2013-25 | 1252 |
2013-40 | 2013-25 I.R.B. | 2013-25 | 1254 |
Proposed Regulations
Article | Issue | Link | Page |
---|---|---|---|
160873-04 | 2013-20 I.R.B. | 2013-20 | 1089 |
155929-06 | 2013-11 I.R.B. | 2013-11 | 650 |
106918-08 | 2013-13 I.R.B. | 2013-13 | 714 |
141066-09 | 2013-3 I.R.B. | 2013-3 | 289 |
148873-09 | 2013-7 I.R.B. | 2013-7 | 494 |
102966-10 | 2013-10 I.R.B. | 2013-10 | 579 |
120391-10 | 2013-18 I.R.B. | 2013-18 | 1005 |
132702-10 | 2013-19 I.R.B. | 2013-19 | 1042 |
140649-11 | 2013-12 I.R.B. | 2013-12 | 666 |
106499-12 | 2013-21 I.R.B. | 2013-21 | 1111 |
106796-12 | 2013-22 I.R.B. | 2013-22 | 1164 |
118315-12 | 2013-14 I.R.B. | 2013-14 | 746 |
122706-12 | 2013-19 I.R.B. | 2013-19 | 1043 |
122707-12 | 2013-5 I.R.B. | 2013-5 | 450 |
125398-12 | 2013-23 I.R.B. | 2013-23 | 1199 |
126633-12 | 2013-24 I.R.B. | 2013-24 | 1245 |
148500-12 | 2013-13 I.R.B. | 2013-13 | 716 |
154563-12 | 2013-20 I.R.B. | 2013-20 | 1097 |
Revenue Procedures
Article | Issue | Link | Page |
---|---|---|---|
2013-1 | 2013-1 I.R.B. | 2013-1 | 1 |
2013-2 | 2013-1 I.R.B. | 2013-1 | 92 |
2013-3 | 2013-1 I.R.B. | 2013-1 | 113 |
2013-4 | 2013-1 I.R.B. | 2013-1 | 126 |
2013-5 | 2013-1 I.R.B. | 2013-1 | 170 |
2013-6 | 2013-1 I.R.B. | 2013-1 | 198 |
2013-7 | 2013-1 I.R.B. | 2013-1 | 233 |
2013-8 | 2013-1 I.R.B. | 2013-1 | 237 |
2013-9 | 2013-2 I.R.B. | 2013-2 | 255 |
2013-10 | 2013-2 I.R.B. | 2013-2 | 267 |
2013-11 | 2013-2 I.R.B. | 2013-2 | 269 |
2013-12 | 2013-4 I.R.B. | 2013-4 | 313 |
2013-13 | 2013-6 I.R.B. | 2013-6 | 478 |
2013-14 | 2013-3 I.R.B. | 2013-3 | 283 |
2013-15 | 2013-5 I.R.B. | 2013-5 | 444 |
2013-16 | 2013-7 I.R.B. | 2013-7 | 488 |
2013-17 | 2013-11 I.R.B. | 2013-11 | 612 |
2013-18 | 2013-8 I.R.B. | 2013-8 | 503 |
2013-19 | 2013-11 I.R.B. | 2013-11 | 648 |
2013-20 | 2013-14 I.R.B. | 2013-14 | 744 |
2013-21 | 2013-12 I.R.B. | 2013-12 | 660 |
2013-22 | 2013-18 I.R.B. | 2013-18 | 985 |
2013-23 | 2013-17 I.R.B. | 2013-17 | 978 |
2013-24 | 2013-22 I.R.B. | 2013-22 | 1142 |
2013-25 | 2013-21 I.R.B. | 2013-21 | 1110 |
2013-26 | 2013-22 I.R.B. | 2013-22 | 1160 |
2013-27 | 2013-24 I.R.B. | 2013-24 | 1243 |
Revenue Rulings
Article | Issue | Link | Page |
---|---|---|---|
2013-1 | 2013-2 I.R.B. | 2013-2 | 252 |
2013-2 | 2013-10 I.R.B. | 2013-10 | 533 |
2013-3 | 2013-8 I.R.B. | 2013-8 | 500 |
2013-4 | 2013-9 I.R.B. | 2013-9 | 520 |
2013-5 | 2013-9 I.R.B. | 2013-9 | 525 |
2013-6 | 2013-13 I.R.B. | 2013-13 | 701 |
2013-7 | 2013-11 I.R.B. | 2013-11 | 608 |
2013-8 | 2013-15 I.R.B. | 2013-15 | 763 |
2013-9 | 2013-15 I.R.B. | 2013-15 | 764 |
2013-10 | 2013-26 I.R.B. | 2013-26 | |
2013-11 | 2013-20 I.R.B. | 2013-20 | 1059 |
2013-12 | 2013-24 I.R.B. | 2013-24 | 1237 |
2013-14 | 2013-26 I.R.B. | 2013-26 |
Treasury Decisions
Article | Issue | Link | Page |
---|---|---|---|
9601 | 2013-10 I.R.B. | 2013-10 | 535 |
9603 | 2013-3 I.R.B. | 2013-3 | 273 |
9605 | 2013-11 I.R.B. | 2013-11 | 587 |
9606 | 2013-11 I.R.B. | 2013-11 | 586 |
9607 | 2013-6 I.R.B. | 2013-6 | 469 |
9608 | 2013-3 I.R.B. | 2013-3 | 274 |
9609 | 2013-12 I.R.B. | 2013-12 | 655 |
9610 | 2013-15 I.R.B. | 2013-15 | 765 |
9611 | 2013-13 I.R.B. | 2013-13 | 699 |
9612 | 2013-13 I.R.B. | 2013-13 | 678 |
9613 | 2013-15 I.R.B. | 2013-15 | 900 |
9614 | 2013-17 I.R.B. | 2013-17 | 947 |
9615 | 2013-19 I.R.B. | 2013-19 | 1026 |
9616 | 2013-20 I.R.B. | 2013-20 | 1061 |
9617 | 2013-23 I.R.B. | 2013-23 | 1195 |
9618 | 2013-23 I.R.B. | 2013-23 | 1194 |
9619 | 2013-24 I.R.B. | 2013-24 | 1212 |
A cumulative list of current actions on previously published items in Internal Revenue Bulletins 2012-27 through 2012-52 is in Internal Revenue Bulletin 2012-52, dated December 27, 2012.
Bulletins 2013-1 through 2013-26
Notices
Old Article | Action | New Article | Issue | Link | Page |
---|---|---|---|---|---|
87-64 | Obsoleted by | T.D. 9614 | 2013-17 I.R.B. | 2013-17 | 947 |
2000-45 | Modified and superseded by | Notice 2013-18 | 2013-14 I.R.B. | 2013-14 | 742 |
2006-87 | Superseded by | Notice 2013-31 | 2013-21 I.R.B. | 2013-21 | 1099 |
2007-25 | Superseded by | Notice 2013-31 | 2013-21 I.R.B. | 2013-21 | 1099 |
2007-77 | Superseded by | Notice 2013-31 | 2013-21 I.R.B. | 2013-21 | 1099 |
2008-10 | Obsoleted by | T.D. 9615 | 2013-19 I.R.B. | 2013-19 | 1026 |
2008-107 | Superseded by | Notice 2013-31 | 2013-21 I.R.B. | 2013-21 | 1099 |
2010-8 | Obsoleted by | T.D. 9618 | 2013-23 I.R.B. | 2013-23 | 1194 |
2010-27 | Superseded by | Notice 2013-31 | 2013-21 I.R.B. | 2013-21 | 1099 |
2010-60 | Obsoleted by | T.D. 9610 | 2013-15 I.R.B. | 2013-15 | 765 |
2011-8 | Superseded by | Notice 2013-31 | 2013-21 I.R.B. | 2013-21 | 1099 |
2011-14 | Amplified and supplemented by | Notice 2013-7 | 2013-6 I.R.B. | 2013-6 | 477 |
2011-34 | Obsoleted by | T.D. 9610 | 2013-15 I.R.B. | 2013-15 | 765 |
2011-38 | Obsoleted by | REG-148873-09 | 2013-7 I.R.B. | 2013-7 | 494 |
2011-53 | Obsoleted by | T.D. 9610 | 2013-15 I.R.B. | 2013-15 | 765 |
2012-19 | Superseded by | Notice 2013-31 | 2013-21 I.R.B. | 2013-21 | 1099 |
2012-60 | Superseded by | Notice 2013-1 | 2013-3 I.R.B. | 2013-3 | 281 |
2013-1 | Superseded by | Notice 2013-36 | 2013-24 I.R.B. | 2013-24 | 1242 |
2013-1 | Modified and superseded by | Notice 2013-16 | 2013-14 I.R.B. | 2013-14 | 740 |
2013-16 | Modified and superseded by | Notice 2013-36 | 2013-24 I.R.B. | 2013-24 | 1242 |
Proposed Regulations
Old Article | Action | New Article | Issue | Link | Page |
---|---|---|---|---|---|
140668-07 | Corrected by | Ann. 2013-6 | 2013-3 I.R.B. | 2013-3 | 307 |
Revenue Procedures
Old Article | Action | New Article | Issue | Link | Page |
---|---|---|---|---|---|
87-57 | Modified by | Rev. Proc. 2013-13 | 2013-6 I.R.B. | 2013-6 | 478 |
2004-66 | Modified and superseded by | Rev. Proc. 2013-11 | 2013-2 I.R.B. | 2013-2 | 269 |
2008-35 | Modified and superseded by | Rev. Proc. 2013-14 | 2013-3 I.R.B. | 2013-3 | 283 |
2008-50 | Modified and superseded by | Rev. Proc. 2013-12 | 2013-4 I.R.B. | 2013-4 | 313 |
2011-14 | Modified by | Rev. Proc. 2013-26 | 2013-22 I.R.B. | 2013-22 | 1160 |
2011-14 | Modified by | Rev. Proc. 2013-24 | 2013-22 I.R.B. | 2013-22 | 1142 |
2011-14 | Modified by | Rev. Proc. 2013-20 | 2013-14 I.R.B. | 2013-14 | 744 |
2011-49 | Modified by | Rev. Proc. 2013-6 | 2013-1 I.R.B. | 2013-1 | 198 |
2011-52 | Modified and partly superseded by | Rev. Proc. 2013-15 | 2013-5 I.R.B. | 2013-5 | 444 |
2011-55 | Amplified and supplemented by | Notice 2013-7 | 2013-6 I.R.B. | 2013-6 | 477 |
2011-61 | Superseded by | Rev. Proc. 2013-17 | 2013-11 I.R.B. | 2013-11 | 612 |
2011-62 | Superseded by | Rev. Proc. 2013-18 | 2013-8 I.R.B. | 2013-8 | 503 |
2012-1 | Superseded by | Rev. Proc. 2013-1 | 2013-1 I.R.B. | 2013-1 | 1 |
2012-2 | Superseded by | Rev. Proc. 2013-2 | 2013-1 I.R.B. | 2013-1 | 92 |
2012-3 | Superseded by | Rev. Proc. 2013-3 | 2013-1 I.R.B. | 2013-1 | 113 |
2012-4 | Superseded by | Rev. Proc. 2013-4 | 2013-1 I.R.B. | 2013-1 | 126 |
2012-5 | Superseded by | Rev. Proc. 2013-5 | 2013-1 I.R.B. | 2013-1 | 170 |
2012-6 | Superseded by | Rev. Proc. 2013-6 | 2013-1 I.R.B. | 2013-1 | 198 |
2012-7 | Superseded by | Rev. Proc. 2013-7 | 2013-1 I.R.B. | 2013-1 | 233 |
2012-8 | Superseded by | Rev. Proc. 2013-8 | 2013-1 I.R.B. | 2013-1 | 237 |
2012-9 | Superseded by | Rev. Proc. 2013-9 | 2013-2 I.R.B. | 2013-2 | 255 |
2012-10 | Superseded by | Rev. Proc. 2013-10 | 2013-2 I.R.B. | 2013-2 | 267 |
2012-16 | Obsoleted by | Rev. Proc. 2013-27 | 2013-24 I.R.B. | 2013-24 | 1243 |
2012-30 | Corrected and clarified by | Ann. 2013-3 | 2013-2 I.R.B. | 2013-2 | 271 |
2012-30 | Updated by | Ann. 2013-10 | 2013-3 I.R.B. | 2013-3 | 311 |
2012-46 | Corrected by | Ann. 2013-11 | 2013-6 I.R.B. | 2013-6 | 483 |
2013-1 | Corrected by | Ann. 2013-9 | 2013-4 I.R.B. | 2013-4 | 441 |
2013-4 | Modified by | Rev. Proc. 2013-22 | 2013-18 I.R.B. | 2013-18 | 985 |
2013-6 | Revised by | Ann. 2013-15 | 2013-11 I.R.B. | 2013-11 | 652 |
2013-6 | Corrected by | Ann. 2013-13 | 2013-9 I.R.B. | 2013-9 | 532 |
2013-8 | Modified by | Rev. Proc. 2013-22 | 2013-18 I.R.B. | 2013-18 | 985 |
2013-14 | Modified by | Rev. Proc. 2013-19 | 2013-11 I.R.B. | 2013-11 | 648 |
Revenue Rulings
Old Article | Action | New Article | Issue | Link | Page |
---|---|---|---|---|---|
92-19 | Supplemented in part by | Rev. Rul. 2013-4 | 2013-9 I.R.B. | 2013-9 | 520 |
The Introduction at the beginning of this issue describes the purpose and content of this publication. The weekly Internal Revenue Bulletins are available at www.irs.gov/irb/.
The contents of the weekly Bulletins were consolidated semiannually into permanent, indexed, Cumulative Bulletins through the 2008-2 edition.
Internal Revenue Bulletins are available annually as part of Publication 1796 (Tax Products CD-ROM). The CD-ROM can be purchased from National Technical Information Service (NTIS) on the Internet at www.irs.gov/cdorders (discount for online orders) or by calling 1-877-233-6767. The first release is available in mid-December and the final release is available in late January.
If you have comments concerning the format or production of the Internal Revenue Bulletin or suggestions for improving it, we would be pleased to hear from you. You can email us your suggestions or comments through the IRS Internet Home Page (www.irs.gov) or write to the
IRS Bulletin Unit, SE:W:CAR:MP:P:SPA, Washington, DC 20224.