Final, temporary, and proposed regulations under section 904 of the Code provide rules concerning the treatment of overall foreign and domestic losses, as well as separate limitation losses, under sections 904(f) and (g). A public hearing is scheduled for April 10, 2008.

Final, temporary, and proposed regulations under section 904 of the Code provide rules concerning the treatment of overall foreign and domestic losses, as well as separate limitation losses, under sections 904(f) and (g). A public hearing is scheduled for April 10, 2008.

Low-income housing tax credit; private activity bonds. Resident populations of the 50 states, the District of Columbia, Puerto Rico, and the insular areas are provided for purposes of determining the 2008 calendar year (1) state housing credit ceiling under section 42(h) of the Code, (2) private activity bond volume cap under section 146, and (3) private activity bond volume limit under section 142(k).

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 February 2008; the 24-month average segment rates; the funding transitional segment rates applicable for February 2008; and the minimum present value transitional rates for January 2008.

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

The IRS has revoked its determination that Judah Youth Ministries of Red Bank, NJ; Little League Baseball of West Warwick, RI; Youth Sports Systems, Inc., of Albuquerque, NM; Miss Crestline Scholarship Pageant Committee of Crestline, OH; Millcreek Development Corp. of Philadelphia, PA; Jeff & Ann Mowrey Charitable Supporting Organization of Columbia, MD; Pacoima Athletic Club of Arleta, CA; Families on The Move of New Brunswick, NJ; Credit Foundation of America of Irvine, CA; Family Pride, Inc., of Cataula, GA; Bear Soldier Industries of Bismarck, ND; Equal Opportunity Housing DBA Home Star Magic of Denver, CO; One Particular Harbour Foundation of Wyoming, MI; Soulfire Films of Brooklyn, NY; Gottlieb Family Foundation of Lawrence, NY; Coltrin Family Foundation of Sandy, UT; Crock 39 Foundation of Irving, TX; Community Outreach Development Foundation of Gulfport, MS; Lakhdar Barouche Foundation, Inc., of New York, NY; Don Luscombe Aviation History Foundation of Phoenix, AZ; Americas Youth Apprenticeship Enterprises, Inc., of Oklahoma City, OK; The Educational Charitable Supporting Organization of Millersville, MD; Family to Family Americans for Prostate Cancer Awareness and Support of Carson City, NV; The Douglas and Valerie Wood Charitable Supporting Organization of Latrobe, PA, qualify as organizations described in sections 501(c)(3) and 170(c)(2) of the Code.

The Code authorizes the Service to disclose tax return information to the Department of Commerce for the purpose of structuring censuses and conducting related statistical activities authorized by law. Final regulations under section 6103 of the Code add two items of return information disclosed to the Department of Commerce solely for the purpose of producing statutorily mandated Small Area Income and Poverty Estimates. The regulations also remove four items of return information the Department of Commerce indicated it no longer requires.

Temporary and proposed regulations under section 6103 of the Code add one item of return information disclosed to the Department of Commerce necessary for the Bureau of the Census’ annual Survey of Industrial Research and Development.

Temporary and proposed regulations under section 6103 of the Code add one item of return information disclosed to the Department of Commerce necessary for the Bureau of the Census’ annual Survey of Industrial Research and Development.