Bulletin No. 1998–24

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Internal Revenue

bulletin

Bulletin No. 1998–24

June 15, 1998

HIGHLIGHTS

OF THIS ISSUE

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.

INCOME TAX

EMPLOYMENT TAX

Rev. Rul. 98–29, page 4.

Announcement 98–48, page 6.

LIFO; price indexes; department stores. The April 1998

Bureau of Labor Statistics price indexes are accepted for

use by department stores employing the retail inventory

and last-in, first-out inventory methods for valuing inventories for tax years ended on, or with reference to, April 30,

1998.

Rev. Proc. 98–26, 1998–13 I.R.B. 26, relating to the specifications for filing Form W–4, Employee’s Withholding

Allowance Certificate, magnetically or electronically, is

corrected.

ADMINISTRATIVE

Announcement 98–51, page 7.

EXEMPT ORGANIZATIONS

Announcement 98–52, page 37.

The organization Youth Today Leaders Tomorrow, Inc.,

Golden Valley, MN, no longer qualifies as an organization to

which contributions are deductible under section 170 of the

Code.

Announcement 98–53, page 37.

A list is given of organizations now classified as private foundations.

The Service is requesting comments from the public on the

following proposed new forms and instructions; Form W–8,

Certificate of Foreign Status of Beneficial Owner for United

States Tax Withholding; Form W–8A, Foreign Persons’ Claim

of Income Effectively Connected With the Conduct of a

Trade or Business in the United States; Form W–8B, Certification for United States Tax Withholding for Foreign Governments and Other Foreign Organizations; and Form W–8C,

Certificate of Foreign Intermediary, Foreign Partnership, and

Certain U.S. Branches for United States Tax Withholding.

Prior versions of the forms, without instructions, were issued in Announcement 98–15, 1998–10 I.R.B. 36.

Finding Lists begin on page 44.

Announcement of the Consent Voluntary Suspension of Attorneys, Certified Public Accounts, Enrolled Agents, etc., begins on

page 40.

Announcement of the Expedited Suspension of Attorneys, Certified Public Accountants, Enrolled Agents, and Enrolled

Actuaries From Practice Before the Internal Revenue Service begins on page 41.

Announcement of Declaratory Judgment Proceedings Under Section 7428 begins on page 39.

Department of the Treasury

Internal Revenue Service

Mission of the Service

ucts and services; and perform in a manner warranting

the highest degree of public confidence in our integrity, efficiency, and fairness.

The purpose of the Internal Revenue Service is to collect

the proper amount of tax revenue at the least cost; serve

the public by continually improving the quality of our prod-

Statement of Principles

of Internal Revenue

Tax Administration

The Service also has the responsibility of applying and

administering the law in a reasonable, practical manner.

Issues should only be raised by examining officers when

they have merit, never arbitrarily or for trading purposes.

At the same time, the examining officer should never hesitate to raise a meritorious issue. It is also important that

care be exercised not to raise an issue or to ask a court to

adopt a position inconsistent with an established Service

position.

The function of the Internal Revenue Service is to administer the Internal Revenue Code. Tax policy for raising revenue

is determined by Congress.

With this in mind, it is the duty of the Service to carry out that

policy by correctly applying the laws enacted by Congress;

to determine the reasonable meaning of various Code provisions in light of the Congressional purpose in enacting them;

and to perform this work in a fair and impartial manner, with

neither a government nor a taxpayer point of view.

Administration should be both reasonable and vigorous. It

should be conducted with as little delay as possible and

with great courtesy and considerateness. It should never

try to overreach, and should be reasonable within the

bounds of law and sound administration. It should, however, be vigorous in requiring compliance with law and it

should be relentless in its attack on unreal tax devices and

fraud.

At the heart of administration is interpretation of the Code. It

is the responsibility of each person in the Service, charged

with the duty of interpreting the law, to try to find the true

meaning of the statutory provision and not to adopt a

strained construction in the belief that he or she is “protecting the revenue.” The revenue is properly protected only

when we ascertain and apply the true meaning of the statute.

Introduction

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 and may be obtained

from the Superintendent of Documents on a subscription

basis. Bulletin contents of a permanent nature are consolidated semiannually into Cumulative Bulletins, which are sold

on a single-copy basis.

dures 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.

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.

Part II.—Treaties and Tax Legislation.

This part is divided into two subparts as follows: Subpart A,

Tax Conventions, 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).

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.

Part IV.—Items of General Interest.

With the exception of the Notice of Proposed Rulemaking

and the disbarment and suspension list included in this part,

none of these announcements are consolidated in the Cumulative Bulletins.

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 proce-

The first 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 first Bulletin of the succeeding semiannual period, respectively.

The contents of this publication are not copyrighted and may be reprinted freely. A citation of the Internal Revenue Bulletin as the source would be appropriate.

For sale by the Superintendent of Documents, U.S. Government Printing Office, Washington, DC 20402.

Part I. Rulings and Decisions Under the Internal Revenue Code of 1986

Section 472.—Last-in, First-out

Inventories

26 CFR 1.472-1: Last-in, first-out inventories.

LIFO; price indexes; department

stores. The April 1998 Bureau of Labor

Statistics price indexes are accepted for

use by department stores employing the

retail inventory and last-in, first-out inventory methods for valuing inventories

for tax years ended on, or with reference

to, April 30, 1998.

Rev. Rul. 98–29

The following Department Store

Inventory Price Indexes for April

1998 were issued by the Bureau of Labor

Statistics. The indexes are accepted by

the Internal Revenue Service, under

§ 1.472–1(k) of the Income Tax Regulations and Rev. Proc. 86–46, 1986–2 C.B.

739, for appropriate application to

inventories of department stores employing the retail inventory and last-in, firstout inventory methods for tax years

ended on, or with reference to, April 30,

1998.

The Department Store Inventory Price

Indexes are prepared on a national basis

and include (a) 23 major groups of departments, (b) three special combinations of

the major groups - soft goods, durable

goods, and miscellaneous goods, and (c) a

store total, which covers all departments,

including some not listed separately, except for the following: candy, food,

liquor, tobacco, and contract departments.

BUREAU OF LABOR STATISTICS, DEPARTMENT STORE

INVENTORY PRICE INDEXES BY DEPARTMENT GROUPS

(January 1941 = 100, unless otherwise noted)

Groups

Percent Change

from Apr. 1997

to Apr. 19981

Apr.

1997

Apr.

1998

1. Piece Goods . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

2. Domestics and Draperies . . . . . . . . . . . . . . . . . . . . . . . . . .

3. Women’s and Children’s Shoes . . . . . . . . . . . . . . . . . . . . .

4. Men’s Shoes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

5. Infants’ Wear . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

6. Women’s Underwear . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

7. Women’s Hosiery . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

8. Women’s and Girls’ Accessories . . . . . . . . . . . . . . . . . . . . .

9. Women’s Outerwear and Girls’ Wear . . . . . . . . . . . . . . . . .

10. Men’s Clothing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

11. Men’s Furnishings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

12. Boys’ Clothing and Furnishings . . . . . . . . . . . . . . . . . . . . .

13. Jewelry . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

14. Notions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

15. Toilet Articles and Drugs . . . . . . . . . . . . . . . . . . . . . . . . . .

16. Furniture and Bedding . . . . . . . . . . . . . . . . . . . . . . . . . . . .

17. Floor Coverings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

18. Housewares . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

19. Major Appliances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

20. Radio and Television . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

21. Recreation and Education2 . . . . . . . . . . . . . . . . . . . . . . . . .

22. Home Improvements2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

23. Auto Accessories2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

533.0

653.6

661.3

904.8

640.6

546.3

294.4

561.0

439.8

622.2

598.9

498.6

1026.2

799.2

912.5

667.5

586.9

815.9

241.9

76.6

110.2

131.4

107.3

547.3

642.9

663.6

902.5

628.1

586.1

305.5

550.1

431.7

633.6

609.6

498.8

1001.8

793.7

936.7

675.9

603.7

821.4

239.4

73.0

105.7

134.0

106.8

2.7

–1.6

0.3

–0.3

–2.0

7.3

3.8

–1.9

–1.8

1.8

0.0

–2.4

–0.7

2.7

1.3

2.9

0.7

–1.0

–4.7

–4.1

2.0

–0.5

Groups 1 – 15: Soft Goods . . . . . . . . . . . . . . . . . . . . . . . . . . .

614.6

615.3

0.1

Groups 16 – 20: Durable Goods . . . . . . . . . . . . . . . . . . . . . . . .

466.9

464.9

–0.4

Groups 21 – 23: Misc. Goods2 . . . . . . . . . . . . . . . . . . . . . . . . .

112.4

109.5

–2.6

Store Total3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

562.6

560.8

–0.3

1Absence of a minus sign before percentage change in this column signifies price increase.

2Indexes on a January 1986=100 base.

3The store total index covers all departments, including some not listed separately, except for the following: candy, foods, liquor, to-

bacco, and contract departments.

June 15, 1998

1998–24 I.R.B.

DRAFTING INFORMATION

The principal author of this revenue

ruling is Stan Michaels of the Office of

Assistant Chief Counsel (Income Tax and

1998–24 I.R.B.

Accounting). For further information regarding this revenue ruling, contact Mr.

Michaels on (202) 622-4970 (not a tollfree call).

June 15, 1998

Part IV. Items of General Interest

Rev. Proc. 98–26; Correction

Announcement 98–48

This announcement corrects certain minor errors which appeared in Rev. Proc. 98–26, I.R.B. 1998–13, which provides specifications for filing Forms W–4, Employee’s Withholding Allowance Certificate, magnetically or electronically. Revenue Procedure 9826 is reprinted as Publication 1245, Specifications for Filing Forms W–4, Employee’s Withholding Allowance Certificate, Magnetically or Electronically.

Changes are listed by part and section. The actual changed wording is highlighted using italics and bold print.

26 CFR 601.602: Tax forms and instructions.

PART A. GENERAL

SEC. 7. FILING FORMS W–4 MAGNETICALLY/ELECTRONICALLY

.06 Before submitting your magnetic/electronic file, include the following:

(b) Your media (tape, diskette or cartridge with an external label.) Notice 1027 describes the information which should be included on this self-prepared label.

PART B. MAGNETIC MEDIA/ELECTRONIC SPECIFICATIONS

SEC. 1. GENERAL

.02 An external label must appear on each tape, tape cartridge and diskette submitted. Notice 1027 details what information must

be on the label. The diskettes used must be MS/DOS compatible.

SEC. 7. FORM W–4 RECORD FORMAT AND RECORD LAYOUT

Field

Position

Field Title

140–141

Employee State

Length

Description and Remarks

REQUIRED. Enter the two of employees address - must be one the following:

☛ Note 1: For foreign addresses, enter xx from table below.

Location

Code

Location

Code

Location

Code

Alabama

Alaska

American Samoa

Arizona

Arkansas

California

Colorado

Connecticut

Delaware

District of Columbia

Federated States

of Micronesia

Florida

Georgia

Guam

Hawaii

Idaho

Illinois

Indiana

Iowa

Kansas

Kentucky

Louisiana

Maine

Marshall Islands

Maryland

Massachusetts

Michigan

Minnesota

Mississippi

Missouri

Montana

Nebraska

Nevada

New Hampshire

New Jersey

New Mexico

New York

North Carolina

North Dakota

Northern

Mariana Islands

Ohio

Oklahoma

Oregon

Pennsylvania

Puerto Rico

Rhode Island

South Carolina

South Dakota

Tennessee

Texas

Utah

Vermont

Virginia

Virgin Islands

Washington

West Virginia

Wisconsin

Wyoming

Foreign Address,

All Others

June 15, 1998

1998–24 I.R.B.

FORM W–4 RECORD FORMAT AND RECORD LAYOUT (CONTINUED)

Field

Position

214–247

Field Title

Employer Name

Line 2

Length

Description and Remarks

If the employer name requires more space than is available in Employer Name Line 1,

enter the remaining portion of the name in this field. Left-justify and fill with blanks.

Position 214 Must be alpha or numeric; hyphens must be surrounded by alphas or numerics; blanks must be surrounded by alphas or numerics or continued to the field

(e.g., ab...b, aba).

☛ Note: The same exceptions apply as set forth in “Employer Name Line 1” plus the use of a percent sign (%) is not valid—use c/o

if necessary.

248–282

Employer Street

REQUIRED. Enter mailing address of employer. Street address should include number, street, apartment or suite number (or P O Box if mail is not delivered to street address). Left-justify and fill unused positions with blanks. Position 248 must be alpha or

numeric; hyphens must be surrounded by alphas or numerics; blanks must be surrounded by alphas or numerics or continued to the end of the field (e.g., ab...b, aba).

☛ Note: The only allowable characters are alphas, blanks, numerics, ampersand, hyphens and slashes. Punctuation such as periods

and commas are not allowed and will cause your file to be returned. For example, the address 210 N. Queen St., Suite #300 must be

entered as 210 N Queen St Suite 300.

Proposed Forms W–8, W–8A,

W–8B, and W–8C, and

Instructions

Announcement 98–51

The Internal Revenue Service announces that it is requesting comments

from the public on proposed new Forms

W–8, W–8A, W–8B, and W–8C and instructions to these forms. These new

forms are being proposed as a result of

final regulations published on October 14,

1997, relating to the withholding of income tax under sections 1441, 1442, and

1443 on certain U.S. source income paid

to foreign persons. T.D. 8734, 62 F.R.

53387; 1997–44 I.R.B. 5. These regulations, which provide for the use of several

withholding certificates, will be effective

January 1, 2000. See Notice 98–16,

1998–15 I.R.B. 12. Prior versions of the

new forms, without instructions, were issued in Announcement 98–15, 1998–10

I.R.B. 36.

Form W–8 (Certificate of Foreign Sta-

1998–24 I.R.B.

tus of Beneficial Owner for United States

Tax Withholding) would be provided to a

withholding agent or payer by a beneficial

owner of certain types of income to establish foreign status, to claim that such person is the beneficial owner of the income

for which the form is being furnished, and

if applicable, to claim a reduced rate of, or

exemption from, withholding as a resident of a foreign country with which the

United States has an income tax treaty.

Form W–8A (Foreign Person’s Claim

of Income Effectively Connected With

the Conduct of a Trade or Business in the

United States) would be provided to a

withholding agent or payer by a foreign

person claiming that certain income is effectively connected with the conduct of a

trade or business in the United States.

Form W–8B (Certification for United

States Tax Withholding for Foreign Governments and Other Foreign Organizations) would be provided to a withholding agent or payer by a foreign

government, international organization,

foreign central bank of issue, or foreign

tax-exempt organization to claim that

such organization is the beneficial owner

of the income for which the form is being

furnished, and if applicable, to claim a reduced rate of, or exemption from, withholding as a resident of a foreign country

with which the United States has an income tax treaty.

Form W–8C (Certificate of Intermediary for United States Tax Withholding)

would be provided to a withholding agent

or payer by an intermediary either to

make representations regarding the status

of beneficial owners of the amount paid

or to transmit appropriate documentation

to the withholding agent.

This announcement provides copies of

proposed Forms W–8, W–8A, W–8B,

W–8C, and the accompanying instructions. Comments on the forms and instructions should be submitted in writing

by August 14, 1998, to the Chairman, Tax

Forms Coordinating Committee, Internal

Revenue Service, T:FS:FP, Room 5577,

1111 Constitution Avenue, NW, Washington, DC 20224.

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1998–24 I.R.B.

Deletions From Cumulative List

of Organizations Contributions

to Which Are Deductible Under

Section 170 of the Code

Announcement 98–52

The names of organizations that no

longer qualify as organizations described

in section 170(c)(2) of the Internal Revenue Code of 1986 are listed below.

Generally, the Service will not disallow

deductions for contributions made to a

listed organization on or before the date

of announcement in the Internal Revenue

Bulletin that an organization no longer

qualifies. However, the Service is not

precluded from disallowing a deduction

for any contributions made after an organization ceases to qualify under section

170(c)(2) if the organization has not

timely filed a suit for declaratory judgment under section 7428 and if the contributor (1) had knowledge of the revocation of the ruling or determination letter,

(2) was aware that such revocation was

imminent, or (3) was in part responsible

for or was aware of the activities or omissions of the organization that brought

about this revocation.

If on the other hand a suit for declaratory judgment has been timely filed, contributions from individuals and organizations described in section 170(c)(2) that

are otherwise allowable will continue to

be deductible. Protection under section

7428(c) would begin on (DATE) 1998,

and would end on the date the court first

determines that the organization is not described in section 170(c)(2) as more particularly set forth in section 7428(c)(1).

For individual contributors, the maximum

deduction protected is $1,000, with a husband and wife treated as one contributor.

This benefit is not extended to any individual who was responsible, in whole or

in part, for the acts or omissions of the organization that were the basis for revocation.

Youth Today Leaders Tomorrow, Inc.

Golden Valley, MN

Foundations Status of Certain

Organizations

Announcement 98–53

The following organizations have

failed to establish or have been unable to

1998–24 I.R.B.

maintain their status as public charities or

as operating foundations. Accordingly,

grantors and contributors may not, after

this date, rely on previous rulings or designations in the Cumulative List of Organizations (Publication 78), or on the presumption arising from the filing of notices

under section 508(b) of the Code. This

listing does not indicate that the organizations have lost their status as organizations described in section 501(c)(3), eligible to receive deductible contributions.

Former Public Charities. The following

organizations (which have been treated as

organizations that are not private foundations described in section 509(a) of the

Code) are now classified as private foundations:

AAB Generations Foundation, Irving, TX

AFROTC Cadet Association, Boulder,

Arizona Cowboy Hall of Fame and

Museum Inc., Payson, AZ

Arizona Multi-Cultural Youtheatre and

School of Music Dance Drama,

Scottsdale, AZ

Asia Missionary Evangelism, Garden

Grove, CA

Association for Injured Workers, Fridley,

Baltimore Washington Chapter of the

Health Physics Society Inc., Silver

Spring, MD

Big Sky Family Allergy-Asthma Support

Team Inc., Bozeman, MT

Black Watch Soccer Club Inc., Tampa, FL

Boynton Beach Community

Development Corporation, Boynton

Beach, FL

Bulldog Hocky Club Inc., Washington,

Central Wisconsin Zoological Society

Inc., Wausau, WI

Cherry Creek Touchdown Club Inc.,

Englewood, CO

Christ Centered Counseling Clinic Inc.,

Madison, TN

Christine Gage Upper East Trenton

Outreach Center Inc., Trenton, NJ

Clark County Arts and Humanities

Council, Arkadelphia, AR

Coalition Advocating Marydales

Preservation, Villa Hills, KY

Columbia Central High School Academic

Boosters Association, Columbia, TN

Community Housing Inc., Tampa, FL

Community Services Development

Group, Olympia, WA

Community Re-Orientation Program,

Greenville, NC

Community Tutoring School, Mesa, AZ

Corporation for Cardiac Education,

Richmond, VA

Creating Positive Relationships

Incorporated, Carmel, IN

Dixie Hollins Band Boosters Inc.,

St. Petersburg, FL

Funeral Directors Association of

Kentucky Scholarship Trust, Frankfort,

Gentlemens Club, Lufkin, TX

Edgeworth Preservation, Sewickley, PA

Ernest T. Chadwell Parent and Teacher

Organization, Madison, TN

Friends of Bulloch Inc., Roswell, GA

Friends of the Wentzville High School

Math Team Inc., Foristell, MO

Gods Hope, Hillsboro, MO

Good Life Therapeutic Equestrian Center

Inc., Albany, GA

Greater Atlanta Dermatology Foundation

Inc., Atlanta, GA

Greater Collegedale School System

Endowment Fund Inc., Collegedale, TN

Grove City Star, Grove City, OH

Happy Days Daycare & Child

Development Center Inc., Diaz, AR

Hawley-South Granville Choral Parents

Association, Creedmoor, NC

Helen K. Kanoy Endowment Fund,

Thomasville, NC

Help or Motivate Everybody, Inc., Dallas,

Helping Hands of America Association,

Winston Salem, NC

Huntsville Chapter of the American

Institute of Banking, Huntsville, AL

Indiana Minority Consortium on

Substance Abuse Inc., Muncie, IN

International Society of Welding

Educators, Inc., Miami, FL

Irving Schools Crime Stoppers Inc.,

Irving, TX

Journey of the Heart International, Falcon

Heights, MN

Kids School Tools Inc., Macon, GA

Life Change Technologies of Ohio Inc.,

Kent, OH

Matlack Specialized Creative Ministries,

Bayonet, FL

Medford Educational Institute Inc.,

Medford, OR

Metropolitan Milwaukee Civic Alliance,

Milwaukee, WI

Middle East Development and Science

Institute Inc., Potomac, MD

June 15, 1998

Mitchell High School Athletic Booster

Club, Colorado Springs, CO

Monacan Band Boosters Association,

Richmond, VA

Mother Divine Love Foundation,

Burlingame, CA

Mountaintop Soccer Association Inc.,

Swanton, MD

National Foundation for Families,

Auburn, WA

National Service Organization of Cosa

Inc., Louisville, KY

Nehemiah Project Inc., Dysart, PA

North Pittsburgh Quilters Guild,

Wexford, PA

North Springs Baptist Church, Colorado

Springs, CO

Northwest Arkansas Society of

Diagnostic Medical Sonographers,

Springdale, AR

Ohio Association of Casa and Gal

Parachute, Columbus, OH

100 Black Men of West Tennessee,

Jackson, TN

One Byte At A Time Inc., Nampa, ID

Osceola & St. Croix Valley Railway Inc.,

Osceola, WI

Overcoming Christians Inc., Keller, TX

Overseas Medical Foundation, San Jose,

Parents for Parity, Flossmoor, IL

Pearl M. Goodwin Charitable Trust,

Garden City, NY

Permian Basin Childs Play Inc., Odessa,

Pet Adoption Nursery of West County,

Chesterfield, MO

Positive Images Southwest Mississippi

Community Outreach Inc., Tylertown,

Purdue Student Broadcasting Foundation

Inc., Lafayette, IN

Rick Finley Memorial Inc., Newark, AR

Royal Foli Bebe A Ayi Foundation,

Washington, DC

Russellville Womans Club, Russellville,

Safe Medicine for Consumers, San

Andreas, CA

Saginaw Valley Safety and Health

Council, Midland, MI

Salinas Valley Youth Soccer League,

Salinas, CA

San Diego Big Book, Lakeside, CA

San Diego Youth & Adult Coalition, San

Diego, CA

San Jose Kendo Dojo, Santa Clara, CA

June 15, 1998

Santa Monica Youth Athletic Foundation,

Santa Monica, CA

Saturday Seminars, Albany, CA

Sausalito Sister City Committee Inc.,

Sausalito, CA

Save Our Bays and Beaches, Kailua, HI

Save Our Future, Los Angeles, CA

Save Our Youth Arts & Education

Organization, Pasadena, CA

Seattle Kobe Sister City Association,

Seattle, WA

Secular Humanists of Los Angeles, Los

Angeles, CA

See Above Productions, Agoura Hills,

Shirts-N-Skins, Los Angeles, CA

Sibling Communication Network,

Tarzana, CA

Sierra Classic Foundation, Sacramento,

Sigma Tau Educational Foundation,

Mercer Island, WA

Simba-Sis, Pomona, CA

Skating Club of North Carolina Inc.,

Cary, NC

Sober Musicians Fundraiser, Santa

Monica, CA

Sonoma Valley Field of Dreams,

Sonoma, CA

Sonrise Medical Clinic Inc.,

N. Hollywood, CA

South Whittier Community Coordinating

Council, Whittier, CA

Southwest Repertory Theatre at Santa Fe

Inc., Norman, OK

Southwest Shalom Ministries for Women,

Waco, TX

Southwest Sports Inc., Louisville, KY

Sovereign Grace Ministries of Colorado

Inc., Canon City, CO

Space Arts Cener, Inc., Lexington, MA

Spaha, Inc., Saratoga Springs, NY

Spare Parts Theatre, Greensboro, NC

Special Equestrians of the Treasure Coast

Inc., Vero Beach, FL

Special Needs Network, Montrose, CO

Special Therapeutic Equestrian Program,

Greenwood, NE

S P I N Recycling, Provo, UT

Spirit of Truth Foundation, Upper

Marlboro, MD

S P O T Inc., Tahlequah, OK

Spoken for Spinal Cord Injury, Madison,

Sprayberry Band Parents Association

Inc., Marietta, GA

Spring Creek Volunteer Fire Association,

Kentwood, LA

Spring Brook Resident Council, Moline,

Spring Hill Z-Bar Ranch Inc., Hays, KS

Spring I S D Education Foundation,

Houston, TX

Spring Lake Centennial Playground

Committee, Spring Lake, NJ

Spring of Life Skills Developers,

Inglewood, CA

Springville Preservation Society,

Springville, AL

Spud Webb Youth Foundation, Dallas,

Square One for Youth, Heath, OH

Squeaky Janitorial Services, Conroe, TX

SS Peter & Pauls Home and School

Association, Boonville, MO

SSOSS Outreach Inc., Hollywood, FL

St. Agape Corporation, Wilmington, DE

St. Barnabas Endowment Foundation,

Chicago, IL

St. Barnard Courthouse Restoration

Corporation, Chalmette, LA

St. Bridgets Educational Foundation,

Minneapolis, MN

St. Charles Chamber of Commerce

Business & Education Foundation,

St. Charles, MO

St. Charles Housing II Inc., Pt. Charlotte,

St. Clouds Area Tenants Union,

St. Cloud, MN

St. Francis County Parents Support

Group, Marianna, AR

St. Francis-St. Joseph Catholic Worker

House, Cincinnati, OH

St. James Housing Trust Inc., San

Antonio, TX

St. John Christian Care Center Inc.,

Oklahoma City, OK

St. John Community Development

Corporation, Camden, NJ

St. Johns County Christian Action

Council Inc., St. Augustine, FL

St. Josephs Home Inc., West Milwaukee,

St. Louis Bicycleworkers Inc., St. Louis,

St. Louis Co. National Steeplechase

Foundation, St. Louis, MO

St. Margaret Shelter Care Inc.,

Minneapolis, MN

St. Mark Outreach Center, Cincinnati,

St. Marthas Senior Care Center,

Claremont, CA

St. Martins Church Foundation Inc.,

Berlin, MD

1998–24 I.R.B.

St. Marys Church Hamilton Village,

Philadelphia, PA

St. Marys Housing Development

Corporation, Glendale, AZ

St. Michaels Store, Perryville, MO

St. Oswalds-in-the-Fields Historic

Corporation, Oregon, MO

St. Paul Ciudad Romero Sister City

Project, St. Paul, MN

St. Petersburg Junior Football Athletic

Association Inc., St. Petersburg, FL

St. Petersburg Martin Luther King Jr.

Commemorative Organization Inc.,

St. Petersburg, FL

St. Tammany Community Housing

Resource Board, Slidell, LA

St. Vincent De Paul Society of the

Chippewa Valley Inc., Altoona, WI

Sta-Home Hospice Inc., Carthage, MS

Stacy Lane Art and Nature Center,

Leonard, MI

Stan-Beck Ministries Inc., Abilene, TX

Stand by Me Boys Ranch Inc., Big

Sandy, TX

Standard Bearer Ministries Inc., Zachary,

Stanley Historic Foundation Inc., Estes

Park, CO

Star Foundation for Children, Inc.,

Melrose, MA

Starbright Pavilion Foundation, Los

Angeles, CA

Stark Citizens Opposing Pollution of the

Environment Inc., Massillon, OH

Stark County Emergency and Homeless

Shelter, Canton, OH

Stark County Golf Charities Inc., Canton,

Stark County Out of Poverty Partnership

Incorporated, Canton, OH

State International Performing Arts

Studios Inc., Benton Harbor, MI

Statesville High School Renaissance

Foundation, Statesville, NC

Statewide Parent Association for the

Childrens Effort Inc., E. Orange, NJ

Steele Creek Library Association,

Charlotte, NC

Steelville Area Historical Society,

Steelville, MO

1998–24 I.R.B.

Stenton Arms Complex Tenants Council,

Philadelphia, PA

Step Ahead Inc., Pinellas Park, FL

Step of Faith Inc., St. Petersburg, FL

Stephen House, W. Bend, WI

Stephens County Food Bank Inc.,

Toccoa, GA

Stepping Stone Foundation Inc., Cape

Coral, FL

Sterling Heights Utica Shelby Township

Crime Stoppers Inc., Sterling Hts., MI

Still Hope Ministries Inc., Mount Laurel,

Stillpoint Ministries Inc., Black

Mountain, NC

Stingray Aquatic Foundation Inc., Miami,

Stormy Weather Productions, Inc., New

York, NY

Stonevale Press Inc., Towson, MD

Stonewall Estates Group Home Inc.,

Fredericksburg, VA

Stopgap Incorporated, Corpus Christi,

Stow Home Bible Study Ministries

Incorporated, Stow, OH

Straight Street Productions Inc., Kennard,

Straightline Ministries Inc., Lansing, MI

Stride Forward Woodlawn Inc.,

Birmingham, AL

Stroke Association of Kentucky Inc.,

Lexington, KY

Strom Thurmond Educational Fund Inc.,

Washington, DC

Stuarts Draft Crime Prevention Council

Inc., Stuarts Draft, VA

Student Alliance, Chicago, IL

Student Benefit and Aid Committee for

Kids of DC Inc., Washington, DC

Student Planning Association Inc.,

Rockwall, TX

If an organization listed above submits

information that warrants the renewal of

its classification as a public charity or as a

private operating foundation, the Internal

Revenue Service will issue a ruling or determination letter with the revised classification as to foundation status. Grantors

and contributors may thereafter rely upon

such ruling or determination letter as provided in section 1.509(a)–7 of the Income

Tax Regulations. It is not the practice of

the Service to announce such revised classification of foundation status in the Internal Revenue Bulletin.

Section 7428(c) Validation of

Certain Contributions Made

During Pendency of Declaratory

Judgment Proceedings

This announcement serves notice to potential donors that the organization listed

below has recently filed a timely declaratory judgment suit under section 7428 of

the Code, challenging revocation of its

status as an eligible donee under section

170(c)(2).

Protection under section 7428(c) of the

Code begins on the date that the notice of

revocation is published in the Internal

Revenue Bulletin and ends on the date on

which a court first determines that an organization is not described in section

170(c)(2), as more particularly set forth in

section 7428(c)(1). In the case of individual contributors, the maximum amount of

contributions protected during this period

is limited to $1,000.00, with a husband

and wife being treated as one contributor.

This protection is not extended to any individual who was responsible, in whole or

in part, for the acts or omissions of the organization that were the basis for the revocation. This protection also applies

(but without limitation as to amount) to

organizations described in section

170(c)(2) which are exempt from tax

under section 501(a). If the organization

ultimately prevails in its declaratory judgment suit, deductibility of contributions

would be subject to the normal limitations

set forth under section 170.

Fountain of Life, Inc.

Greensboro, NC

June 15, 1998

Announcement of the Consent Voluntary Suspension of Attorneys,

Certified Public Accountants, Enrolled Agents, and Enrolled Actuaries

From Practice Before the Internal Revenue Service

Under 31 Code of Federal Regulations,

Part 10, an attorney, certified public accountant, enrolled agent, or enrolled actuary, in order to avoid the institution or

conclusion of a proceeding for his disbarment or suspension from practice before

the Internal Revenue Service, may offer

his consent to suspension from such practice. The Director of Practice, in his discretion, may suspend an attorney, certified public accountant, enrolled agent, or

enrolled actuary in accordance with the

consent offered.

Attorneys, certified public accountants,

enrolled agents, and enrolled actuaries are

prohibited in any Internal Revenue Ser-

vice matter from directly or indirectly employing, accepting assistance from, being

employed by, or sharing fees with any

practitioner disbarred or suspended from

practice before the Internal Revenue Service.

To enable attorneys, certified public accountants, enrolled agents, and enrolled

actuaries to identify practitioners under

consent suspension from practice before the

Internal Revenue Service, the Director

of Practice will announce in the Internal

Revenue Bulletin the names and addresses of practitioners who have been

suspended from such practice, their designation as attorney, certified public ac-

countant, enrolled agent, or enrolled actuary, and date or period of suspension. This

announcement will appear in the weekly

Bulletin at the earliest practicable date

after such action and will continue to appear in the weekly Bulletins for five successive weeks or for as many weeks as is

practicable for each attorney, certified

public accountant, enrolled agent, or enrolled actuary so suspended and will be

consolidated and published in the Cumulative Bulletin.

The following individuals have been

placed under consent suspension from

practice before the Internal Revenue Service:

Name

Address

Designation

Date of Suspension

Soulides, James C.

Bujan, Frank

Field, Edward L.

Cito, Paul J.

Sproul, Jerry

Hunt, Russell

Oertli, William

Maynard, Richard

McDonald, Bill

Komendant, Howard

Kwiatek, Fabian A.

Brown, Patricia

Marshall, Robert

Baloun, Donald J.

Goldman, Harold J.

Garner, Darrow C.

Klein, Charles U.

Morgan, Robert I.

Teel, Jeffrey J.

Hancock, Randall M.

Allison Jr., Dale A.

Gogel, William A.

Bose, Gautem

Woods, W. Rex

Monahan, John

Swartz, Lewis A.

Berwyn, IL

Orland Park, IL

Topeka, KS

West Orange, NJ

Idaho Falls, ID

Pauls Valley, OK

Rochester, MN

Reno, NV

Passaic, NJ

Silver Spring, MD

DeKalb, IL

Woodland Hills, CA

Palatine, IL

Summit, NJ

Austin, TX

Dunedin, FL

Brownsville, VT

Hollis, NH

Gardendale, AL

Blairsville, GA

North Hills, NY

Oak Brook, IL

Belleville, KS

Seattle, WA

Syosset, NY

CPA

Attorney

CPA

Attorney

CPA

Attorney

CPA

Attorney

CPA

Attorney

CPA

January 1, 1998 to June 30, 2000

January 27, 1998 to April 26, 1999

February 21, 1998 to May 20, 1999

February 25, 1998 to October 24, 1998

March 1, 1998 to June 30, 1998

Mach 4, 1998 to March 3, 2000

March 10, 1998 to March 9, 2002

March 10, 1998 to September 9, 1998

March 16, 1998 to March 15, 2001

March 16, 1998 to September 15, 1999

March 18, 1998 to November 17, 2000

March 25, 1998 to November 24, 1998

March 27 , 1998 to September 26, 1998

April 1, 1998 to March 20, 2000

April 1, 1998 to September 30, 1999

April 2, 1998 to April 1, 2000

April 2, 1998 to April 1, 2001

Indefinite from April 13, 1998

April 15, 1998 to July 14, 2001

April 21, 1998 to April 20, 2002

May 1, 1998 to April 30, 2001

May 1, 1998 to January 31, 1999

May 1, 1998 to April 30, 2001

May 1, 1998 to April 30, 2002

June 15, 1998

1998–24 I.R.B.

Name

Address

Designation

Date of Suspension

Eckert, Bruce G.

Rozanski, Lawrence J.

Mangum, Carl E.

Reeser, Richard M.

Bailey, Thomas O.

Johnson, Kenneth E.

Deren, Joseph

Cleveland, OH

Pittsburg, PA

Morris Plains, NJ

Thornton, CO

Dallas, TX

Forest Lake, MN

Lackawanna, NY

CPA

Attorney

May 2, 1998 to May 1, 1999

June 1, 1998 to May 30, 2000

July 1, 1998 to December 31, 1999

July 1, 1998 to September 30, 1999

July 1, 1998 to June 30, 2001

July 1, 1998 to November 30, 1999

July 1, 1998 to June 30, 2001

Announcement of the Expedited Suspension of Attorneys, Certified Public

Accountants, Enrolled Agents, and Enrolled Actuaries From Practice

Before the Internal Revenue Service

Under title 31 of the Code of Federal

Regulations, section 10.76, the Director

of Practice is authorized to immediately

suspend from practice before the Internal

Revenue Service any practitioner who,

within five years from the date the expedited proceeding is instituted, (1) has had

a license to practice as an attorney, certified public accountant, or actuary suspended or revoked for cause; or (2) has

been convicted of any crime under title 26

of the United States Code or, of a felony

under title 18 of the United States Code

involving dishonesty or breach of trust.

Attorneys, certified public accountants,

enrolled agents, and enrolled actuaries are

prohibited in any Internal Revenue Service

matter from directly or indirectly employing, accepting assistance from, being employed by, or sharing fees with, any practitioner disbarred or suspended from practice

before the Internal Revenue Service.

To enable attorneys, certified public accountants, enrolled agents, and enrolled actuaries to identify practitioners under expedited suspension from practice before the

Internal Revenue Service, the Director of

Practice will announce in the Internal Revenue Bulletin the names and addresses of

practitioners who have been suspended

from such practice, their designation as attorney, certified public accountant, en-

rolled agent, or enrolled actuary, and date

or period of suspension. This announcement will appear in the weekly Bulletin at

the earliest practicable date after such action and will continue to appear in the

weekly Bulletins for five successive weeks

or for as many weeks as is practicable for

each attorney, certified public accountant,

enrolled agent, or enrolled actuary so suspended and will be consolidated and published in the Cumulative Bulletin.

The following individual has been

placed under suspension from practice before the Internal Revenue Service by virtue

of the expedited proceeding provisions of

the applicable regulations:

Name

Address

Designation

Date of Suspension

McDonald, Milton

Parsons, Gary D.

Stone Mountain, GA

Chattanooga, TN

Attorney

CPA

Indefinite from February 24, 1998

Buchanan, Steven

Phoenix, AZ

Attorney

Indefinite from February 24, 1998

Caplan, Alan

San Francisco, CA

Attorney

Indefinite from February 24, 1998

Delany, R. Emmet

Ridgefield, CT

Attorney

Indefinite from February 24, 1998

Hirsch, Sheldon

Brooklyn, NY

CPA

Indefinite from February 24, 1998

Newman, Peter R.

Syossett, NY

Attorney

Indefinite from February 24, 1998

Land, Gary

Hunt, William D.

Hamilton, Robert

Rabinowitz, Emile

McCaffrey, Michael

Eisenstein, Joel

Fayetteville, AR

Tulsa, OK

Corpus Christie, TX

Minnetonka, MN

Wheaton, IL

St. Charles, MO

Enrolled Agent

Attorney

Enrolled Agent

CPA

Attorney

Indefinite from February 24, 1998

1998–24 I.R.B.

June 15, 1998

Name

Address

Designation

Date of Suspension

Cannavo Jr., Joseph S.

Tilker, Robert M.

Toms, James H.

Everett, Kenneth

Frederick, Charles

Artho, David

Seale, Forrest I.

Yancey, Quinton E.

Hunnicut, Benjamin

Finkel, Merle

Mullay, Carl P.

Cunning, Dennis A.

Adamson, Steven A.

Bowman, David W.

Beezley, Jack L.

Cunningham, Andrew

Palmquist, Craig S.

Ross, Mark J.

Madoch, Lawrence

Taylor, George M.

Casey, Kenneth J.

Akolt III, John P.

Dowdy, Frank

Eckert, Bruce G.

Rozanski, Lawrence J.

Mangum, Carl E.

Reeser, Richard M.

Bailey, Thomas O.

Johnson, Kenneth E.

Deren, Joseph

St. Louis, MO

Fairfax, VA

Hendersonville, NC

New York, NY

Elk Grove

Lubbock, TX

San Antonio, TX

Stephens City, VA

Reseda, CA

Beverly Hills, CA

Swoyersville, PA

Molalla, OR

Nampa, ID

Colorado Springs, CO

Dallas, TX

Hatfield, PA

Seattle, WA

Columbus, OH

Elgin, IL

Springfield, IL

Corte Madera, CA

Denver, CO

Huntsville, AL

Cleveland, OH

Pittsburgh, PA

Morris Plains, NJ

Thornton, CO

Dallas, TX

Forest Lake, MN

Lackawanna, NY

Attorney

CPA

Attorney

Enrolled Agent

CPA

Attorney

CPA

Attorney

CPA

Attorney

CPA

Attorney

CPA

Attorney

Indefinite from February 24, 1998

Indefinite from March 13, 1998

Indefinite from March 18, 1998

Indefinite from April 14, 1998

Indefinite from April 21, 1998

Indefinite from April 28, 1998

Indefinite from April 21, 1998

Indefinite from April 28, 1998

May 2, 1998 to May 1, 1999

June 1, 1998 to May 30, 2000

July 1, 1998 to December 31, 1999

July 1, 1998 to September 30, 1999

July 1, 1998 to June 30, 2001

July 1, 1998 to November 30, 1999

July 1, 1998 to June 30, 2001

June 15, 1998

1998–24 I.R.B.

Definition of Terms

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:

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 ap-

plies 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 law 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 the 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.

Abbreviations

E.O.—Executive Order.

ER—Employer.

ERISA—Employee Retirement Income Security Act.

EX—Executor.

F—Fiduciary.

FC—Foreign Country.

FICA—Federal Insurance Contribution 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.—Statements of Procedral 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.

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.

1998–24 I.R.B.

June 15, 1998

Numerical Finding List1

Notices—Continued

Revenue Procedures—Continued

Bulletins 1998–1 through 1998–23

98–19, 1998–13 I.R.B. 24

98–20, 1998–13 I.R.B. 25

98–21, 1998–15 I.R.B. 14

98–22, 1998–17 I.R.B. 5

98–23, 1998–18 I.R.B. 9

98–24, 1998–17 I.R.B. 5

98–25, 1998–18 I.R.B. 11

98–26, 1998–18 I.R.B. 14

98–27, 1998–18 I.R.B. 14

98–28, 1998–19 I.R.B. 7

98–29, 1998–22 I.R.B. 8

98–30, 1998–22 I.R.B. 9

98–31, 1998–22 I.R.B. 10

98–32, 1998–22 I.R.B. 23

98–22, 1998–12 I.R.B. 11

98–23, 1998–10 I.R.B. 30

98–24, 1998–10 I.R.B. 31

98–25, 1998–11 I.R.B. 7

98–26, 1998–13 I.R.B. 26

98–27, 1998–15 I.R.B. 15

98–28, 1998–15 I.R.B. 14

98–29, 1998–15 I.R.B. 22

98–30, 1998–17 I.R.B. 6

98–31, 1998–23 I.R.B. 9

98–32, 1998–17 I.R.B. 11

98–33, 1998–19 I.R.B. 7

98–34, 1998–18 I.R.B. 15

98–35, 1998–21 I.R.B. 6

98–36, 1998–23 I.R.B. 10

Announcements:

98–1, 1998–2 I.R.B. 38

98–2, 1998–2 I.R.B. 38

98–3, 1998–2 I.R.B. 38

98–4, 1998–4 I.R.B. 31

98–5, 1998–5 I.R.B. 25

98–6, 1998–5 I.R.B. 25

98–7, 1998–5 I.R.B. 26

98–8, 1998–6 I.R.B. 96

98–9, 1998–7 I.R.B. 35

98–10, 1998–7 I.R.B. 35

98–11, 1998–8 I.R.B. 42

98–12, 1998–8 I.R.B. 43

98–13, 1998–8 I.R.B. 43

98–14, 1998–8 I.R.B. 44

98–15, 1998–10 I.R.B. 36

98–16, 1998–9 I.R.B. 17

98–17, 1998–9 I.R.B. 16

98–18, 1998–10 I.R.B. 44

98–19, 1998–10 I.R.B. 44

98–20, 1998–11 I.R.B. 25

98–21, 1998–11 I.R.B. 26

98–22, 1998–12 I.R.B. 33

98–23, 1998–12 I.R.B. 34

98–24, 1998–12 I.R.B. 35

98–25, 1998–13 I.R.B. 43

98–26, 1998–14 I.R.B. 28

98–27, 1998–15 I.R.B. 30

98–28, 1998–15 I.R.B. 30

98–29, 1998–16 I.R.B. 48

98–30, 1998–17 I.R.B. 38

98–32, 1998–17 I.R.B. 39

98–33, 1998–17 I.R.B. 39

98–34, 1998–17 I.R.B. 39

98–35, 1998–17 I.R.B. 40

98–36, 1998–18 I.R.B. 18

98–37, 1998–19 I.R.B. 24

98–38, 1998–19 I.R.B. 26

98–39, 1998–20 I.R.B. 24

98–40, 1998–20 I.R.B. 24

98–41, 1998–20 I.R.B. 25

98–42, 1998–21 I.R.B. 26

98–43, 1998–21 I.R.B. 26

98–44, 1998–22 I.R.B. 24

98–45, 1998–23 I.R.B. 18

98–47, 1998–23 I.R.B. 5

98–49, 1998–23 I.R.B. 19

98–50, 1998–23 I.R.B. 20

Notices:

98–1, 1998–3 I.R.B. 42

98–2, 1998–2 I.R.B. 22

98–3, 1998–3 I.R.B. 48

98–4, 1998–2 I.R.B. 25

98–5, 1998–3 I.B.R. 49

98–6, 1998–3 I.R.B. 52

98–7, 1998–3 I.R.B. 54

98–8, 1998–4 I.R.B. 6

98–9, 1998–4 I.R.B. 8

98–10, 1998–6 I.R.B. 9

98–11, 1998–6 I.R.B. 18

98–12, 1998–5 I.R.B. 12

98–13, 1998–6 I.R.B. 19

98–14, 1998–8 I.R.B. 27

98–15, 1998–9 I.R.B. 8

98–16, 1998–15 I.R.B. 12

98–17, 1998–11 I.R.B. 6

98–18, 1998–12 I.R.B. 11

Proposed Regulations:

PS–158–86, 1998–11 I.R.B. 13

REG–100841–97, 1998–8 I.R.B. 30

REG–102144–98, 1998–15 I.R.B. 25

REG–102894–97, 1998–3 I.R.B. 59

REG–104062–97, 1998–10 I.R.B. 34

REG–104537–97, 1998–16 I.R.B. 21

REG–104691–97, 1998–11 I.R.B. 13

REG–105163–97, 1998–8 I.R.B. 31

REG–109333–97, 1998–9 I.R.B. 9

REG–109704–97, 1998–3 I.R.B. 60

REG–110965–97, 1998–13 I.R.B. 42

REG–115795–97, 1998–8 I.R.B. 33

REG–119449–97, 1998–10 I.R.B. 35

REG–120200–97, 1998–12 I.R.B. 32

REG–120882–97, 1998–14 I.R.B. 25

REG–121268–97, 1998–20 I.R.B. 12

REG–121755–97, 1998–9 I.R.B. 13

REG–208299–90, 1998–16 I.R.B. 26

REG–209276–87, 1998–11 I.R.B. 18

REG–209322–82, 1998–15 I.R.B. 26

REG–209373–81, 1998–14 I.R.B. 26

REG–209463–82, 1998–4 I.R.B. 27

REG–209476–82, 1998–8 I.R.B. 36

REG–209484–87, 1998–8 I.R.B. 40

REG–209485–86, 1998–11 I.R.B. 21

REG–209682–94, 1998–17 I.R.B. 20

REG–209807–95, 1998–8 I.R.B. 40

REG–243025–96, 1998–18 I.R.B. 18

REG–251502–96, 1998–9 I.R.B. 14

REG–251698–96, 1998–20 I.R.B. 14

Revenue Procedures:

98–1, 1998–1 I.R.B. 7

98–2, 1998–1 I.R.B. 74

98–3, 1998–1 I.R.B. 100

98–4, 1998–1 I.R.B. 113

98–5, 1998–1 I.R.B. 155

98–6, 1998–1 I.R.B. 183

98–7, 1998–1 I.R.B. 222

98–8, 1998–1 I.R.B. 225

98–9, 1998–3 I.R.B. 56

98–10, 1998–2 I.R.B. 35

98–11, 1998–4 I.R.B. 9

98–12, 1998–4 I.R.B. 18

98–13, 1998–4 I.R.B. 21

98–14, 1998–4 I.R.B. 22

98–15, 1998–4 I.R.B. 25

98–16, 1998–5 I.R.B. 19

98–17, 1998–5 I.R.B. 21

98–18, 1998–6 I.R.B. 20

98–19, 1998–7 I.R.B. 30

98–20, 1998–7 I.R.B. 32

98–21, 1998–8 I.R.B. 27

Revenue Rulings:

98–1, 1998–2 I.R.B. 5

98–2, 1998–2 I.R.B. 15

98–3, 1998–2 I.R.B. 4

98–4, 1998–2 I.R.B. 18

98–5, 1998–2 I.R.B. 20

98–6, 1998–4 I.R.B. 4

98–7, 1998–6 I.R.B. 6

98–8, 1998–7 I.R.B. 24

98–9, 1998–6 I.R.B. 5

98–10, 1998–10 I.R.B. 11

98–11, 1998–10 I.R.B. 13

98–12, 1998–10 I.R.B. 5

98–13, 1998–11 I.R.B. 4

98–14, 1998–11 I.R.B. 4

98–15, 1998–12 I.R.B. 6

98–16, 1998–13 I.R.B. 18

98–17, 1998–13 I.R.B. 21

98–18, 1998–14 I.R.B. 22

98–19, 1998–15 I.R.B. 5

98–20, 1998–15 I.R.B. 8

98–21, 1998–18 I.R.B. 7

98–22, 1998–19 I.R.B. 5

98–23, 1998–18 I.R.B. 5

98–24, 1998–19 I.R.B. 6

98–25, 1998–19 I.R.B. 4

98–26, 1998–21 I.R.B. 4

98–27, 1998–22 I.R.B. 4

98–28, 1998–22 I.R.B. 5

Treasury Decisions:

8740, 1998–3 I.R.B. 4

8741, 1998–3 I.R.B. 6

8742, 1998–5 I.R.B. 4

8743, 1998–7 I.R.B. 26

8744, 1998–7 I.R.B. 20

8745, 1998–7 I.R.B. 15

8746, 1998–7 I.R.B. 4

8747, 1998–7 I.R.B. 18

8748, 1998–8 I.R.B. 24

8749, 1998–7 I.R.B. 16

8750, 1998–8 I.R.B. 4

8751, 1998–10 I.R.B. 23

8752, 1998–9 I.R.B. 4

8753, 1998–9 I.R.B. 6

8754, 1998–10 I.R.B. 15

8755, 1998–10 I.R.B. 21

8756, 1998–12 I.R.B. 4

8757, 1998–13 I.R.B. 4

8758, 1998–13 I.R.B. 15

8759, 1998–13 I.R.B. 19

8760, 1998–14 I.R.B. 4

8761, 1998–14 I.R.B. 13

8762, 1998–14 I.R.B. 15

1 See footnote at end of list.

June 15, 1998

1998–24 I.R.B.

Numerical Finding List—Continued

Bulletins 1998–1 through 1998–23

Treasury Decisions—Continued

8763, 1998–15 I.R.B. 5

8764, 1998–15 I.R.B. 9

8765, 1998–16 I.R.B. 11

8766, 1998–16 I.R.B. 17

8767, 1998–16 I.R.B. 4

8768, 1998–20 I.R.B. 4

1 A cumulative list of all revenue rulings, revenue

procedures, Treasury decisions, etc., published in

Internal Revenue Bulletins 1997–27 through

1997–52 will be found in Internal Revenue Bulletin

1998–1, dated January 5, 1998.

1998–24 I.R.B.

June 15, 1998

Finding List of Current Action on

Previously Published Items1

Revenue Procedures—Continued

Bulletins 1998–1 through 1998–23

97–53

Superseded by

98–3, 1998–1 I.R.B. 100

Revenue Procedures:

Revenue Rulings:

91–59

Updated and superseded by

98–25, 1998–11 I.R.B. 7

68–352

Obsoleted by

98–24, 1998–19 I.R.B. 6

94–16

Modified and superseded by

98–22, 1998–12 I.R.B. 11

70–225

Modified by

98–27, 1998–22 I.R.B. 4

93–62

Modified and superseded by

98–22, 1998–12 I.R.B. 11

73–198

Modified by

98–24, 1998–19 I.R.B. 6

95–35

95–35A

Superseded by

98–19, 1998–7 I.R.B. 30

75–17

Supplemented and superseded by

98–5, 1998–2 I.R.B. 20

96–29

Modified and superseded by

98–22, 1998–12 I.R.B. 11

97–1

Superseded by

98–1, 1998–1 I.R.B. 7

97–2

Superseded by

98–2, 1998–1 I.R.B. 74

75–406

Obsoleted by

98–27, 1998–22 I.R.B. 4

92–19

Supplemented in part by

98–2, 1998–2 I.R.B. 15

96–30

Obsoleted by

98–27, 1998–22 I.R.B. 4

97–3

Superseded by

98–3, 1998–1 I.R.B. 100

97–4

Superseded by

98–4, 1998–1 I.R.B. 113

97–5

Superseded by

98–5, 1998–1 I.R.B. 155

97–6

Superseded by

98–6, 1998–1 I.R.B. 183

97–7

Superseded by

98–7, 1998–1 I.R.B. 222

97–8

Superseded by

98–8, 1998–1 I.R.B. 225

97–21

Superseded by

98–2, 1998–1 I.R.B. 74

97–24

97–24A

Superseded by

98–33, 1998–19 I.R.B. 7

97–26

Obsoleted by

98–28, 1998–15 I.R.B. 14

97–28

Superseded by

98–36, 1998–23 I.R.B. 10

97–34

Superseded by

98–35, 1998–21 I.R.B. 6

1 A cumulative finding list for previously published

items mentioned in Internal Revenue Bulletins

1997–27 through 1997–52 will be found in Internal

Revenue Bulletin 1998–1, dated January 5, 1998.

June 15, 1998

1998–24 I.R.B.

INTERNAL REVENUE BULLETIN

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