Proposed regulations under section 267 of the Code provide guidance concerning the time for taking into account deferred losses on the sale or exchange of property between members of a controlled group.

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 May 2011; the 24-month average segment rates; the funding transitional segment rates applicable for May 2011; and the minimum present value transitional rates for April 2011.

The notice contains a request for comments regarding the employer responsibility provisions in section 4980H of the Code. Section 4980H, which was added to the Code by the Patient Protection and Affordable Care Act, provides that an applicable large employer (ALE) may be liable for an assessable payment if it fails to meet certain standards with respect to offering coverage to its full-time employees and at least one of its full-time employees is certified to the employer as having enrolled in health insurance through a State Exchange with respect to which an applicable premium tax credit or cost-sharing reduction is allowed or paid. Comments must be submitted by June 17, 2011.

Nonshareholder contribution to capital under section 118(a). This procedure provides a safe harbor under section 118(a) of the Code for certain awards received by corporate taxpayers under Department of Energy clean coal technology programs.