News Releases for June 2005

Notice: Historical Content

This is an archival or historical document and may not reflect current law, policies or procedures.

IRS Issues Spring 2005 Statistics of Income Bulletin

IR-2005-70, June 30, 2005 — Includes detailed look at taxable real estate investment trust (REIT) subsidiaries.

Toyota Highlander Hybrid Certified for the Clean Fuel Deduction

IR-2005-69, June 27, 2005 — The IRS has certified the model year 2006 Toyota Highlander Hybrid as being eligible for the clean-burning fuel deduction.

New Law Changes Highway Use Tax Rules: Installment Payment Option Eliminated

IR-2005-68, June 23, 2005 — The change, included in the American Jobs Creation Act of 2004, applies to filers of Form 2290, Heavy Highway Vehicle Use Tax Return.

Morgante, Watson to Lead Largest IRS Division

IR-2005-67, June 20, 2005 — Top two leaders named for the Wage and Investment Division.

Memorandum of Understanding Between the Competent Authorities of the United States and Canada Regarding the Mutual Agreement Procedure

IR-2005-66, June 15, 2005 — Countries to establish principles and guidelines to improve the mutual agreement procedure.

No Change in Interest Rates for the Third Quarter of 2005

IR-2005-65, June 3, 2005 — Interest rates will be unchanged for the calendar quarter beginning July 1, 2005.

Courts Fine Taxpayers for Frivolous Collection Cases, IRS Warns

IR-2005-64, June 2, 2005 — Taxpayers who improperly use the courts to delay tax collections are paying a stiff price.

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