Source: https://www.irs.gov/irb/2010-26_IRB
Timestamp: 2020-02-25 22:44:29
Document Index: 423285847

Matched Legal Cases: ['§ 45', '§ 45', '§ 45', '§ 45', '§ 45', '§ 469', '§ 45', '§ 45', '§ 45', '§ 45', '§ 45', '§ 45', '§ 45', '§ 704', '§ 38', '§ 45', '§ 45', '§ 45', '§ 27', '§ 469', '§ 212', '§ 1', '§ 1', '§ 162', '§ 174', '§ 1', '§ 212', '§ 45', '§ 469', '§ 469', '§ 45', '§ 45', '§ 469', '§ 45', '§ 469', '§ 45', '§ 469', '§ 45', '§ 469', '§ 704', '§ 469', '§ 45', '§ 469', '§ 45', '§ 469', 'art 1', 'art 1', '§1', '§1', '§1', '§1', '§1', '§1', '§1', '§1', '§1', '§ 430', '§ 430', '§ 430', '§ 417', '§ 417']

Internal Revenue Bulletin: 2010-26 | Internal Revenue Service
Internal Revenue Bulletin: 2010-26
Rev. Rul. 2010-17
Rev. Rul. 2010-16
T.D. 9485
Rev. Rul. 2010-14
Notice 2010-47
Rev. Rul. 2010-14 Rev. Rul. 2010-14
Interest rates; underpayment and overpayments. The rates for interest determined under section 6621 of the Code for the calendar quarter beginning July 1, 2010, will be 4 percent for overpayments (3 percent in the case of a corporation), 4 percent for underpayments, and 6 percent for large corporate underpayments. The rate of interest paid on the portion of a corporate overpayment exceeding $10,000 will be 1.5 percent.
Rev. Rul. 2010-16 Rev. Rul. 2010-16
Application of section 469 to the section 45D new markets tax credit. This ruling provides that the passive activity provisions under section 469 of the Code will not disallow a taxpayer’s new markets tax credit under section 45D, provided that a taxpayer’s acquisition of the qualified equity investment in a qualified community development entity (CDE) does not arise in connection with the conduct of a passive activity by the taxpayer, without regard to a taxpayer’s interest or extent of participation in the CDE’s trade or business.
Rev. Rul. 2010-17 Rev. Rul. 2010-17
New markets tax credit. This ruling provides that for purposes of determining the new markets tax credit allowable under section 45D of the Code, the amount of the qualified equity investment made by an LLC classified as a partnership includes cash from a recourse loan to the LLC that the LLC invests as equity in a qualified community development entity. Rev. Rul. 2003-20 amplified.
T.D. 9485 T.D. 9485
Final regulations under section 704(c) of the Code respond to the Joint Committee on Taxation’s recommendation that the partnership rules be strengthened to ensure that the allocation rules in the regulations are not used to generate unwarranted tax benefits. The regulations achieve this result by amending the section 1.704-3(a)(10) anti-abuse rule to provide that the tax effect of an allocation method (or combination of methods) on both direct and indirect partners is considered. In addition, the regulations include a cross-reference to the general partnership anti-abuse rule of section 1.701-2 to clarify that section 1.704-3 applies only to contributions of property that are otherwise respected and that one factor that will be considered is the use of remedial allocations between related partners.
Notice 2010-47 Notice 2010-47
Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond weighted average interest rate for plan years beginning in June 2010; the 24-month average segment rates; the funding transitional segment rates applicable for June 2010; and the minimum present value transitional rates for May 2010.
For purposes of determining the new markets tax credit allowable under § 45D of the Internal Revenue Code, does the amount of the qualified equity investment made by a limited liability company (LLC) classified as a partnership include cash from a recourse loan to the LLC that the LLC invests as equity in a qualified community development entity?
Section 45D(a) provides a new markets tax credit to taxpayers who hold a qualified equity investment in a qualified community development entity. Section 45D(b) provides that a qualified equity investment means any equity investment in a qualified community development entity if, among other requirements, the taxpayer acquired the investment solely in exchange for cash. Rev. Rul. 2003-20, 2003-1 C.B. 465, held that, on the facts presented in that revenue ruling, the amount of the qualified equity investment under § 45D(b) made by an LLC classified as a partnership included cash from a non-recourse loan to the LLC that the LLC invested as equity in a qualified community development entity. The rationale of Rev. Rul. 2003-20 applies equally where the loan is recourse.
For purposes of determining the new markets tax credit allowable under § 45D, the amount of the qualified equity investment made by an LLC classified as a partnership includes cash from a recourse loan to the LLC that the LLC invests as equity in a qualified community development entity.
Rev. Rul. 2003-20 is amplified.
The principal author of this revenue ruling is Benjamin H. Weaver of the Office of Associate Chief Counsel (Passthroughs & Special Industries). For further information regarding this revenue ruling, contact Benjamin H. Weaver at (202) 622-3050. For information regarding issues under § 45D, contact Julie Hanlon Bolton of the Office of Associate Chief Counsel (Passthroughs & Special Industries) at (202) 622-3040. These are not toll-free calls.
Where the acquisition of the qualified equity investment in a qualified community development entity (CDE) is not in connection with the conduct of a trade or business (or in anticipation of a trade or business), is the new markets tax credit allowable under § 45D a passive activity credit under § 469?
Situation 1. On February 1, 2010, X, an individual, acquires a qualified equity investment (as defined in § 45D(b)) in a CDE (as defined in § 45D(c)). Because X holds the qualified equity investment on February 1, 2010, the initial credit allowance date (as defined in § 45D(a)(3)), a new markets tax credit under § 45D is allowable to X. X’s acquisition of the qualified equity investment in the CDE is not in connection with the conduct of a trade or business by X (or in anticipation of a trade or business).
Situation 2. On February 1, 2010, ABC, an entity treated as a partnership for federal tax purposes, acquires a qualified equity investment (as defined in § 45D(b)) in a CDE. Because ABC holds the qualified equity investment on February 1, 2010, the initial credit allowance date (as defined in § 45D(a)(3)), a new markets tax credit under § 45D is allowable to ABC. ABC allocates the new markets tax credit to its partners A, B, and C, in accordance with § 704(b). ABC’s acquisition of the qualified equity investment in the CDE is not in connection with the conduct of a trade or business by ABC (or in anticipation of a trade or business).
Section 45D(a)(1) provides that for purposes of § 38, in the case of a taxpayer who holds a qualified equity investment on a credit allowance date (as defined in § 45D(a)(3)) of the investment that occurs during the taxable year, the new markets tax credit determined under § 45D for the taxable year is an amount equal to the applicable percentage (as defined in § 45D(a)(2)) of the amount paid to the CDE for the investment at its original issue. Section 7701(a)(14) defines the term “taxpayer” to mean any person subject to any internal revenue tax. Section 7701(a)(1) provides that the term “person” shall be construed to mean and include an individual, a trust, estate, partnership, association, company, or corporation.
Section 45D(b)(1) provides that an equity investment in a CDE is a “qualified equity investment” if, among other requirements, the CDE uses substantially all of the cash from the investment to make qualified low-income community investments.
Section 45D(d) defines the term “qualified low-income community investment” as (A) any capital or equity investment in, or loan to, any qualified active low-income community business, (B) the purchase from another CDE of any loan made by such entity which is a qualified low-income community investment, (C) financial counseling and other services specified in regulations prescribed by the Secretary to businesses located in, or residents of, low-income communities, and (D) any equity investment in, or loan to, any CDE.
Section 469(a) provides that for any taxable year of any individual, estate, trust, closely-held C corporation, or personal service corporation, neither the passive activity loss, nor the passive activity credit for the taxable year will be allowed.
Section 469(d)(2)(A) defines “passive activity credit” as the amount (if any) by which (A) the sum of the credits from all passive activities allowable for the taxable year under (i) subpart D of part IV of subchapter A, or (ii) subpart B (other than § 27(a)) of part IV, exceeds (b) the regular tax liability of the taxpayer for the taxable year allocable to all passive activities.
Section 469(c) defines a “passive activity” as (1) any activity which involves the conduct of any trade or business, and in which the taxpayer does not materially participate, and (2) any rental activity, except as provided by § 469(c)(7).
Section 469(c)(6) provides that, to the extent provided in the regulations, “trade or business” includes (A) any activity in connection with a trade or business, or (B) any activity with respect to which expenses are allowable as a deduction under § 212.
Section 1.469-1(e)(2) of the Income Tax Regulations provides that trade or business activities are activities that constitute trade or business activities within the meaning of § 1.469-4(b)(1).
Section 1.469-4(b)(1) defines “trade or business activities” as activities, other than rental activities or activities that are treated under § 1.469-1T(e)(3)(vi)(B) as incidental to an activity of holding property for investment, that (i) involve the conduct of a trade or business (within the meaning of § 162), (ii) are conducted in anticipation of the commencement of a trade or business, or (iii) involve research or experimental expenditures that are deductible under § 174.
Section 1.469-9(b)(1) provides that a trade or business is any trade or business determined by treating the types of activities in § 1.469-4(b)(1) as if they involved the conduct of a trade or business, and any interest in rental real estate, including any interest in rental real estate that gives rise to deductions under § 212.
Section 469(h)(1) provides that a taxpayer will be treated as materially participating in an activity only if the taxpayer is involved in the operations of the activity on a basis that is regular, continuous, and substantial.
The new markets tax credit under § 45D is subject to the provisions of § 469 since it is a credit allowable under subpart D of part IV of subchapter A of the Code. A credit may be disallowed under § 469 for a taxable year if the credit attributable to the taxable year arises in connection with the conduct of a passive activity. Allowance of the new markets tax credit under § 45D is predicated on acquiring a qualified equity investment in the CDE. The CDE does not pass through the new markets tax credit to the person claiming the new markets tax credit. Rather, the amount of the new markets tax credit is determined based on a percentage of the amount paid to the CDE for the qualified equity investment at its original issue. Accordingly, in determining whether the new markets tax credit under § 45D is disallowed under § 469, the determination depends on whether the acquisition of the qualified equity investment in the CDE arises in connection with the conduct of a passive activity. The determination of whether the new markets tax credit under § 45D is disallowed under § 469 does not depend on the taxpayer’s interest or extent of participation in the CDE’s trade or business.
To be a passive activity, the activity of acquiring a qualified equity investment in the CDE must be in connection with the conduct of a trade or business in which the person claiming the new markets tax credit does not materially participate, or be a rental activity. Because the activity of acquiring an equity investment in a CDE is not a rental activity, the only issue is whether the acquisition activity is in connection with the conduct of a trade or business activity (or in anticipation of a trade or business) in which the person claiming the new markets tax credit does not materially participate.
The term “trade or business” is not defined in either the Code or the regulations. The determination of what constitutes a trade or business depends on the facts and circumstances of each case. The Supreme Court, in Commissioner v. Groetzinger, 480 U.S. 23 (1987), has held that there are generally two requirements for an activity to constitute a trade or business: the activity must be conducted for income or profit, and the activity must be engaged in with some regularity and continuity.
If it is determined that the acquisition of a qualified equity investment in a CDE is in connection with the conduct of a trade or business activity (or in anticipation of a trade or business), a determination must next be made as to whether the person claiming the new markets tax credit materially participates in the activity. If the person claiming the new markets tax credit materially participates in the activity, the new markets tax credit under § 45D will not be disallowed under § 469.
In Situation 1, X’s activity of acquiring a qualified equity investment in the CDE is not in connection with the conduct of X’s trade or business activity (or in anticipation of a trade or business). Consequently, X’s new markets tax credit under § 45D will not be disallowed under § 469.
In Situation 2, ABC allocates to A, B, and C the amount of the new markets tax credit that ABC claims. This allocation must be made in accordance with § 704(b) (which provides rules regarding a partnership’s allocation of income, gain, loss, deduction, or credit (or item thereof) among the partners). ABC’s activity of acquiring a qualified equity investment in the CDE is not in connection with the conduct of ABC’s trade or business activity (or in anticipation of a trade or business). Consequently, the new markets tax credit allowable to ABC, and claimed by A, B, and C, individually, will not be disallowed under § 469.
1. Where an individual’s acquisition of a qualified equity investment in a CDE is not in connection with the conduct of the individual’s trade or business (or in anticipation of the individual’s trade or business), the new markets tax credit allowable to an individual under § 45D will not be a passive activity credit under § 469.
2. Where a partnership’s acquisition of a qualified equity investment in a CDE is not in connection with the conduct of the partnership’s trade or business (or in anticipation of the partnership’s trade or business), the new markets tax credit allowable to the partnership under § 45D will not be a passive activity credit under § 469.
26 CFR Part 1 Contributed Property
This document contains final regulations under section 704(c) of the Internal Revenue Code (Code) providing that the section 704(c) anti-abuse rule takes into account the tax liabilities of both the partners in a partnership and certain direct and indirect owners of such partners. These final regulations further provide that a section 704(c) allocation method cannot be used to achieve tax results inconsistent with the intent of subchapter K of the Code. The final regulations affect partnerships and their partners.
Effective Date: These final regulations are effective June 9, 2010.
Applicability Date: These final regulations are applicable for taxable years beginning after June 9, 2010.
Bryan A. Rimmke at (202) 622-3050 (not a toll-free number).
This document contains amendments to 26 CFR part 1 under section 704 of the Internal Revenue Code (Code). On May 19, 2008, a notice of proposed rulemaking (REG-100798-06, 2008-1 C.B. 1135) was published in the Federal Register (73 FR 28765) in response to the Joint Committee on Taxation’s recommendation that the partnership rules be strengthened to ensure that the allocation rules in the regulations under section 704(c) are not used to generate unwarranted benefits. See The Report of Investigation of Enron Corporation and Related Entities Regarding Federal Tax and Compensation Issues, and Policy Recommendations, (JCS-3-03) February 2003 at pg. 220. Because no requests to speak were submitted by August 18, 2008, no public hearing was held. Written comments, however, were received in response to the notice of proposed rulemaking. After consideration of these comments, the proposed regulations are adopted without change by this Treasury decision.
The comments on the proposed regulations requested that examples be given to specifically describe the types of transactions to which these regulations apply. Additionally, the comments requested examples to describe the types of transactions which would not be abusive under this regulation but would be abusive under the general subchapter K anti-abuse rule found in §1.701-2. In light of the fact that these regulations are anti-abuse provisions and the factually intensive analysis needed to determine whether this regulation is applicable, the Treasury Department and the IRS decline to adopt these comments.
Additional comments requested that the Treasury Department and the IRS consider both a de minimis partner rule for direct partners similar to §1.704-1(b)(2)(iii) and a rule for indirect partners where the owners would need to be related to the look-through entity within the meaning of sections 267 or 707 in order to be considered indirect partners for the purposes of the regulation. For purposes of §1.704-1(b)(2)(iii), a de minimis partner is any partner, including a look-through entity, that owns less than 10 percent of the capital and profits of a partnership, and who is allocated less than 10 percent of each partnership item. The Treasury Department and the IRS have determined that neither a de minimis partner provision nor a related partner provision for indirect partners would conform to the intent of this anti-abuse provision and therefore decline to adopt such rules.
This Treasury decision adopts the proposed regulations without substantive change. Accordingly, the regulations amend §1.704-3(a)(10) to provide that, for purposes of applying the anti-abuse rule, both direct and indirect partners are considered. The final regulations provide that an indirect partner is any direct or indirect owner of a partnership, S corporation, or controlled foreign corporation (as defined in section 957(a) or 953(c)), or direct or indirect beneficiary of a trust or estate, that is a partner in the partnership, and any consolidated group of which the partner in the partnership is a member (within the meaning of §1.1502-1(h)). However, an owner of a controlled foreign corporation is treated as an indirect partner only with respect to the allocation of items that enter into the computation of a United States shareholder’s inclusion under section 951(a) with respect to the controlled foreign corporation, enter into any person’s income attributable to a United States shareholder’s inclusion under section 951(a) with respect to the controlled foreign corporation, or would enter into the computations described in this paragraph if such items were allocated to the controlled foreign corporation.
These final regulations further provide that the principles of section 704(c), together with the allocation methods described in §1.704-3, paragraphs (b), (c) and (d), apply only with respect to the contributions of property to the partnership. In that regard, the anti-abuse rule of §1.701-2(b) provides that, if a partnership is formed or availed of in connection with a transaction a principal purpose of which is to reduce substantially the present value of the partners’ Federal tax liability in a manner inconsistent with the intent of subchapter K, the IRS may recast the transaction for Federal tax purposes as appropriate to achieve tax results that are consistent with the intent of subchapter K. Thus, even though a transaction may satisfy the literal words of the statute or regulations, the IRS may recast a transaction as appropriate to avoid tax results that are inconsistent with the intent of subchapter K, including but not limited to: (i) disregarding purported partnerships, in whole or part, so that partnership assets are treated as owned by the partner; (ii) disregarding one or more contributions or (iii) disregarding one or more purported partners. The final regulations also provide that, in determining if a purported contribution of property to a partnership should be recast to avoid results that are inconsistent with subchapter K, one factor that may be relevant is the use of the remedial method in which allocations of remedial items of income, gain, loss or deduction are made to one partner and allocations of offsetting remedial items are made to a related partner.
These regulations apply to taxable years beginning after June 9, 2010. No inference should be drawn from this effective date with respect to prior law.
It has been determined that this Treasury decision is not a significant regulatory action as defined in Executive Order 12866. Therefore, a regulatory assessment is not required. It has also been determined that section 553(b) of the Administrative Procedure Act (5 U.S.C. chapter 5) does not apply to these regulations, and because the regulation does not impose a collection of information on small entities, the Regulatory Flexibility Act (5 U.S.C. chapter 6) does not apply. Pursuant to section 7805(f) of the Code, the notice of proposed rulemaking was submitted to the Chief Counsel for Advocacy of the Small Business Administration for comment on its impact on small business.
1. Adding four sentences to paragraph (a)(1) at the end of the last sentence and revising paragraph (a)(10).
2. Revising the first sentence of paragraph (f) and adding one sentence to the end of the paragraph.
(a) * * * (1) * * * The principles of this paragraph (a)(1), together with the methods described in paragraphs (b), (c) and (d) of this section, apply only to contributions of property that are otherwise respected. See for example §1.701-2. Accordingly, even though a partnership’s allocation method may be described in the literal language of paragraphs (b), (c) or (d) of this section, based on the particular facts and circumstances, the Commissioner can recast the contribution as appropriate to avoid tax results inconsistent with the intent of subchapter K. One factor that may be considered by the Commissioner is the use of the remedial allocation method by related partners in which allocations of remedial items of income, gain, loss or deduction are made to one partner and the allocations of offsetting remedial items are made to a related partner.
(10) Anti-abuse rule—(i) In general. An allocation method (or combination of methods) is not reasonable if the contribution of property (or event that results in reverse section 704(c) allocations) and the corresponding allocation of tax items with respect to the property are made with a view to shifting the tax consequences of built-in gain or loss among the partners in a manner that substantially reduces the present value of the partners’ aggregate tax liability. For purposes of this paragraph (a)(10), all references to the partners shall include both direct and indirect partners.
(f) Effective/Applicability Dates. With the exception of paragraphs (a)(1), (a)(8)(ii), (a)(8)(iii), (a)(10), and (a)(11) of this section, this section applies to properties contributed to a partnership and to restatements pursuant to §1.704-1(b)(2)(iv)(f) on or after December 21, 1993. * * * Paragraphs (a)(1) and (a)(10) of this section are applicable for taxable years beginning after June 9, 2010.
Approved May 28, 2010.
(Filed by the Office of the Federal Register on June 8, 2010, 8:45 a.m., and published in the issue of the Federal Register for June 9, 2010, 75 F.R. 32659)
The principal author of these final regulations is Bryan A. Rimmke, Office of the Associate Chief Counsel (Passthroughs and Special Industries), IRS. However, other personnel from the IRS and Treasury Department participated in their development.
The federal short-term rate determined in accordance with section 1274(d) during April 2010 is the rate published in Revenue Ruling 2010-12, 2010-18 I.R.B. 617 to take effect beginning May 1, 2010. The federal short-term rate, rounded to the nearest full percent, based on daily compounding determined during the month of April 2010 is 1 percent. Accordingly, an overpayment rate of 4 percent (3 percent in the case of a corporation) and an underpayment rate of 4 percent are established for the calendar quarter beginning July 1, 2010. The overpayment rate for the portion of a corporate overpayment exceeding $10,000 for the calendar quarter beginning July 1, 2010, is 1.5 percent. The underpayment rate for large corporate underpayments for the calendar quarter beginning July 1, 2010, is 6 percent. These rates apply to amounts bearing interest during that calendar quarter.
The composite corporate bond rate for May 2010 is 5.67 percent. Pursuant to Notice 2004-34, the Service has determined this rate as the average of the monthly yields for the included corporate bond indices for that month.
June 2010 6.34 5.71 6.34
Notice 2007-81, 2007-2 C.B. 899, provides guidelines for determining the monthly corporate bond yield curve, the 24-month average corporate bond segment rates, and the funding transitional 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 2010 data is in Table I at the end of this notice. The spot first, second, and third segment rates for the month of May 2010 are, respectively, 2.34, 5.42, and 6.26. The three 24-month average corporate bond segment rates applicable for June 2010 under the election of § 430(h)(2)(G)(iv) are as follows:
4.16 6.52 6.68
The transitional segment rates under § 430(h)(2)(G) applicable for June 2010, taking into account the corporate bond weighted average of 6.34 stated above, are as follows:
2009 4.89 6.46 6.57
The transitional rule of § 430(h)(2)(G) does not apply to plan years starting in 2010. Therefore, for a plan year starting in 2010 with a lookback month to June 2010, the funding segment rates are the three 24-month average corporate bond segment rates applicable for June 2010, listed above without blending for the transitional period.
The rate of interest on 30-year Treasury securities for May 2010 is 4.29 percent. The Service has determined this rate as the average of the yield on the 30-year Treasury bond maturing in February 2040 determined each day through May 12, 2010, and the yield on the 30-year Treasury bond maturing in May 2040 determined each day for the balance of the month.
June 2010 4.39 3.95 4.61
Generally for plan years beginning after December 31, 2007, the applicable interest rates under § 417(e)(3)(D) are segment rates computed without regard to a 24-month average. For plan years beginning in 2008 through 2011, the applicable interest rates are the monthly spot segment rates blended with the applicable rate under § 417(e)(3)(A)(ii)(II) as in effect for plan years beginning in 2007. Notice 2007-81 provides guidelines for determining the minimum present value segment rates. Pursuant to that notice, the minimum present value transitional segment rates determined for May 2010, taking into account the May 2010 30-year Treasury rate of 4.29 stated above, are as follows:
2009 3.51 4.74 5.08
2010 3.12 4.97 5.47
Monthly Yield Curve for May 2010
Derived from May 2010 Data
0.5 1.13 20.5 6.02 40.5 6.29 60.5 6.39 80.5 6.43
1.0 1.31 21.0 6.03 41.0 6.29 61.0 6.39 81.0 6.43
1.5 1.53 21.5 6.04 41.5 6.30 61.5 6.39 81.5 6.44
2.0 1.80 22.0 6.05 42.0 6.30 62.0 6.39 82.0 6.44
2.5 2.11 22.5 6.06 42.5 6.30 62.5 6.39 82.5 6.44
3.0 2.45 23.0 6.07 43.0 6.31 63.0 6.39 83.0 6.44
3.5 2.80 23.5 6.08 43.5 6.31 63.5 6.39 83.5 6.44
4.0 3.13 24.0 6.09 44.0 6.31 64.0 6.40 84.0 6.44
4.5 3.44 24.5 6.10 44.5 6.32 64.5 6.40 84.5 6.44
5.0 3.72 25.0 6.11 45.0 6.32 65.0 6.40 85.0 6.44
5.5 3.97 25.5 6.12 45.5 6.32 65.5 6.40 85.5 6.44
6.0 4.19 26.0 6.13 46.0 6.32 66.0 6.40 86.0 6.44
6.5 4.39 26.5 6.14 46.5 6.33 66.5 6.40 86.5 6.44
7.0 4.56 27.0 6.15 47.0 6.33 67.0 6.40 87.0 6.44
7.5 4.71 27.5 6.15 47.5 6.33 67.5 6.41 87.5 6.45
8.0 4.85 28.0 6.16 48.0 6.34 68.0 6.41 88.0 6.45
8.5 4.97 28.5 6.17 48.5 6.34 68.5 6.41 88.5 6.45
9.0 5.08 29.0 6.18 49.0 6.34 69.0 6.41 89.0 6.45
9.5 5.18 29.5 6.18 49.5 6.34 69.5 6.41 89.5 6.45
10.0 5.27 30.0 6.19 50.0 6.34 70.0 6.41 90.0 6.45
10.5 5.35 30.5 6.19 50.5 6.35 70.5 6.41 90.5 6.45
11.0 5.42 31.0 6.20 51.0 6.35 71.0 6.41 91.0 6.45
11.5 5.49 31.5 6.21 51.5 6.35 71.5 6.42 91.5 6.45
12.0 5.55 32.0 6.21 52.0 6.35 72.0 6.42 92.0 6.45
12.5 5.60 32.5 6.22 52.5 6.36 72.5 6.42 92.5 6.45
13.0 5.65 33.0 6.22 53.0 6.36 73.0 6.42 93.0 6.45
13.5 5.69 33.5 6.23 53.5 6.36 73.5 6.42 93.5 6.45
14.0 5.73 34.0 6.23 54.0 6.36 74.0 6.42 94.0 6.45
14.5 5.77 34.5 6.24 54.5 6.36 74.5 6.42 94.5 6.46
15.0 5.80 35.0 6.24 55.0 6.37 75.0 6.42 95.0 6.46
15.5 5.83 35.5 6.25 55.5 6.37 75.5 6.42 95.5 6.46
16.0 5.85 36.0 6.25 56.0 6.37 76.0 6.43 96.0 6.46
16.5 5.88 36.5 6.26 56.5 6.37 76.5 6.43 96.5 6.46
17.0 5.90 37.0 6.26 57.0 6.37 77.0 6.43 97.0 6.46
17.5 5.92 37.5 6.27 57.5 6.38 77.5 6.43 97.5 6.46
18.0 5.94 38.0 6.27 58.0 6.38 78.0 6.43 98.0 6.46
18.5 5.96 38.5 6.27 58.5 6.38 78.5 6.43 98.5 6.46
19.0 5.97 39.0 6.28 59.0 6.38 79.0 6.43 99.0 6.46
19.5 5.99 39.5 6.28 59.5 6.38 79.5 6.43 99.5 6.46
20.0 6.00 40.0 6.29 60.0 6.38 80.0 6.43 100.0 6.46
Bulletins 2010-1 through 2010-26
2010-41 2010-25 I.R.B. 2010-25 767
2010-42 2010-25 I.R.B. 2010-25 768
2010-47 2010-26 I.R.B. 2010-26
106750-10 2010-25 I.R.B. 2010-25 765
2010-24 2010-25 I.R.B. 2010-25 764
2010-14 2010-26 I.R.B. 2010-26
2010-16 2010-26 I.R.B. 2010-26
2010-17 2010-26 I.R.B. 2010-26
9485 2010-26 I.R.B. 2010-26
2009-50 Section 3.20 modified and superseded by Rev. Proc. 2010-24 2010-25 I.R.B. 2010-25 764
2003-20 Amplified by Rev. Rul. 2010-17 2010-26 I.R.B. 2010-26