The Internal Revenue Service (Service) is continuing its program of reviewing revenue rulings published in the Internal Revenue Bulletin to identify and publish lists of those rulings that are no longer considered determinative because: (1) the applicable statutory provisions or regulations have been changed or repealed; (2) the ruling position is specifically covered by a statute, regulation, or subsequent published position; or (3) the facts set forth no longer exist or are not sufficiently described to permit clear application of the current statute and regulations.
This revenue ruling obsoletes the rulings listed below. These rulings addressed issues arising under section 3121(b)(8)(B) of the Internal Revenue Code of 1954 (the 1954 Code), which provided an exemption from Federal Insurance Contributions Act (FICA) tax for tax-exempt organizations, and section 3121(k) of the 1954 Code, which provided for a waiver of the exemption. These 1954 Code sections were amended and repealed by the Social Security Amendments of 1983, Pub. L. No. 98–21, § 102, 97 Stat. 65, 70–71 (1983).
The revenue rulings listed below have been identified under the Service’s review program as no longer being determinative.
Accordingly, the following revenue rulings are hereby declared obsolete.
| Rev. Rul. No. | C.B. Citation |
|---|---|
| 1. Rev. Rul. 55–470, | 1955–2 C.B. 615; |
| 2. Rev. Rul. 56–188, | 1956–1 C.B. 485; |
| 3. Rev. Rul. 58–270, | 1958–1 C.B. 356; |
| 4. Rev. Rul. 71–276, | 1971–1 C.B. 289; |
| 5. Rev. Rul. 74–415, | 1974–2 C.B. 337; |
| 6. Rev. Rul. 74–493, | 1974–2 C.B. 327; |
| 7. Rev. Rul. 77–159, | 1977–1 C.B. 302; |
| 8. Rev. Rul. 77–315, | 1977–2 C.B. 355; |
| 9. Rev. Rul. 78–7, | 1978–1 C.B. 307; |
| 10. Rev. Rul. 80–337, | 1980–2 C.B. 296. |
The Service will continue to review other revenue rulings relating to sections 3121(b)(8)(B) and 3121(k) of the 1954 Code to identify those that, for the reasons stated above, are inapplicable to future transactions. Therefore, the failure to include any particular revenue ruling in the list above should not be construed as an indication that the revenue ruling necessarily is determinative with respect to future transactions.
The Internal Revenue Bulletin is produced and published by the Internal Revenue Service and contains IRS pronouncements affecting tax analysis under the Code and the Regulations, including but not limited to Revenue Procedures, Revenue Rulings, Notices and Announcements. Access the IRS site at https://www.irs.gov/help/irsgov-accessibility for information concerning accessibility of IRS materials. While every effort has been made to ensure that the IRB database files available through the TouchTax application are accurate, those using TouchTax for legal research should verify their results against the printed versions of the IRBs available from the IRS.