Internal Revenue Bulletin: 2009-11
March 16, 2009
Table of Contents
This procedure provides issuers of qualified mortgage bonds (QMBs) and qualified mortgage credit certificates (MCCs) with average area purchase price safe harbors for statistical areas in the United States and with a nationwide average purchase price for residences in the United States for purposes of the QMB rules under section 143 of the Code and the MCC rules under section 25. Rev. Proc. 2008-17 obsoleted in part.
This document contains corrections to temporary regulations (T.D. 9439, 2009-5 I.R.B. 416) that relate to disclosure of information to the Bureau of Economic Analysis. The regulations inadvertently removed section 301.6103(j)(1)-1T in its entirety. This document correctly adds the text of section 301.6103(j)(1)-1T into the Code of Federal Regulations.
This document contains corrections to final regulations (T.D. 9442, 2009-6 I.R.B. 434) providing guidance regarding the treatment of transactions involving obligations between members of a consolidated group.
This document contains a correction to proposed regulations (REG-148326-05, 2008-51 I.R.B.1325) providing guidance on the calculation of amounts includible in income under section 409A(a) of the Code and the additional taxes imposed by such section with respect to service providers participating in certain nonqualified deferred compensation plans.
This document contains corrections to final regulations (T.D. 9436, 2009-3 I.R.B. 268) under sections 6694 and 6695 and related sections of the Code implementing amendments to the tax return preparer penalties made by the Small Business and Work Opportunity Tax Act of 2007 and the Tax Extenders and Alternative Minimum Tax Relief Act of 2008.
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