Insurance companies; interest rate tables. Prevailing state assumed interest rates are provided for the determination of reserves under section 807 of the Code for contracts issued in 2008 and 2009. Rev. Rul. 92-19 supplemented. Rev. Rul. 2008-19 modified.

Section 1256 contracts marked to market. This ruling holds that Dubai Mercantile Exchange, which is a United Arab Emirates Authorized Market Institution, is a qualified board or exchange within the meaning of section 1256(g)(7)(C) of the Code.

Final, temporary, and proposed regulations under section 954 of the Code relate to foreign base company sales income in cases in which personal property sold by a controlled foreign corporation is manufactured, produced, or constructed pursuant to a contract manufacturing arrangement or by one or more branches of the controlled foreign corporation. A public hearing on the proposed regulations is scheduled for April 20, 2009.

Final, temporary, and proposed regulations under section 954 of the Code relate to foreign base company sales income in cases in which personal property sold by a controlled foreign corporation is manufactured, produced, or constructed pursuant to a contract manufacturing arrangement or by one or more branches of the controlled foreign corporation. A public hearing on the proposed regulations is scheduled for April 20, 2009.

This notice serves to extend the application of the future regulations described in Notice 2008-91, 2008-43 I.R.B. 1001, to a third taxable year in certain cases and to extend Rev. Proc. 2008-26, 2008-21 I.R.B. 1014, to calendar year 2009.

This notice provides guidance to financial institutions on the reporting rules applicable to required minimum distributions (RMDs) for 2009 in light of the enactment of the Worker, Retiree, and Employer Recovery Act of 2008. Section 201 of the Act waives any RMDs for 2009 from individual retirement arrangements (IRAs) and retirement plans that hold participant benefits in individual accounts. This notice modifies the reporting requirements applicable to RMDs from IRAs to reflect the waiver of the RMD rules for 2009. Notice 2002-27 modified.

Final, temporary, and proposed regulations under sections 6011 and 6302 of the Code relate to the annual filing of federal employment tax returns and requirements for employment tax deposits. The regulations concern reporting and paying income taxes withheld from wages and reporting and paying taxes under the Federal Insurance Contributions Act (FICA) (collectively, “employment taxes”). The regulations generally allow certain employers to file a Form 944, Employer’s ANNUAL Federal Tax Return, rather than Form 941, Employer’s QUARTERLY Federal Tax Return.

Final, temporary, and proposed regulations under sections 6011 and 6302 of the Code relate to the annual filing of federal employment tax returns and requirements for employment tax deposits. The regulations concern reporting and paying income taxes withheld from wages and reporting and paying taxes under the Federal Insurance Contributions Act (FICA) (collectively, “employment taxes”). The regulations generally allow certain employers to file a Form 944, Employer’s ANNUAL Federal Tax Return, rather than Form 941, Employer’s QUARTERLY Federal Tax Return.

Final regulations under section 6103 of the Code relate to disclosures of corporate tax return information to the Bureau of Economic Analysis. The regulations authorize the IRS to disclose certain items of corporate tax return information to the Secretary of Commerce for purposes of structuring United States national economic accounts and conducting related statistical activities authorized by law.

This notice provides that the February 17, 2009, due date for brokers to furnish From 1099-B information to customers established under section 403 of the Energy Improvement and Extension Act of 2008 will apply to certain other tax information reportable for tax year 2008 if furnished to customers with Form 1099-B statements on an annual composite tax reporting statement.