This is the table of contents of Internal Revenue Bulletin IRB 2009-36. Click on an entry to view the entry. Items shown under "Highlights of This Issue" open summaries of each IRB-referenced document only. Scroll to Parts I, II, etc. to view the full text versions of each IRB-referenced document. Use the "Keyword Search" option of TouchTax to search the full text of all Internal Revenue Bulletins, including this IRB.
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Section 1256 contracts marked to market. This ruling holds that ICE Futures Canada, Inc., which is a regulated exchange of Canada, is a qualified board or exchange within the meaning of section 1256(g)(7)(C) of the Code.
This notice proposes a revenue ruling that would hold that tangible assets used in converting corn to fuel grade ethanol are properly included in asset class 49.5 of Rev. Proc. 87-56 for depreciation purposes. Comments are requested by November 23, 2009.
This procedure provides guidance to taxpayers on electing to defer recognizing cancellation of indebtedness income under section 108(i) of the Code and section 1231 of the American Recovery and Reinvestment Tax Act of 2009.
The IRS has revoked its determination that HFZ Charitable Supporting Organization of Santa Barbara, CA; Main Homes Community Development Corporation of Columbus, OH; North American Housing Foundation of Spokane, WA; and The Valcarce Foundation of Bountiful, UT, qualify as organizations described in sections 501(c)(3) and 170(c)(2) of the Code.
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