Final, temporary, and proposed regulations under section 368 of the Code provide guidance regarding the continuity of interest requirement for corporate reorganizations. The guidance is necessary to establish the date upon which continuity of interest is measured. The regulations affect corporations and their shareholders.

Final, temporary, and proposed regulations under section 368 of the Code provide guidance regarding the continuity of interest requirement for corporate reorganizations. The guidance is necessary to establish the date upon which continuity of interest is measured. The regulations affect corporations and their shareholders.

Temporary and proposed regulations under section 6038D of the Code provide guidance relating to the requirement that individuals attach a statement to their income tax return to provide required information regarding foreign financial assets in which they have an interest. The notice of proposed rulemaking also includes a proposed regulation setting forth requirements for certain domestic entities to report foreign financial assets in the same manner as an individual.

Temporary and proposed regulations under section 6038D of the Code provide guidance relating to the requirement that individuals attach a statement to their income tax return to provide required information regarding foreign financial assets in which they have an interest. The notice of proposed rulemaking also includes a proposed regulation setting forth requirements for certain domestic entities to report foreign financial assets in the same manner as an individual.

This notice addresses whether individuals who are eligible for services at an Indian Health Service facility are also eligible individuals for purposes of contributing to a Health Savings Account (HSA) under section 223 of the Code.

Application of survivor annuity requirements to deferred annuity contracts under a defined contribution plan. This ruling describes how the qualified joint and survivor annuity (“QJSA”) and the qualified preretirement survivor annuity (“QPSA”) rules, described in sections 401(a)(11) and 417 of the Code, apply when a deferred annuity contract is purchased under a profit-sharing plan.

Rollover from qualified defined contribution plan to qualified defined benefit plan to obtain additional annuity. This ruling describes whether a qualified defined benefit pension plan that accepts a direct rollover of an eligible rollover distribution from a qualified defined contribution plan maintained by the same employer satisfies sections 411 and 415 of the Code in a case in which the defined benefit plan provides an annuity resulting from the direct rollover.

Final regulations under sections 6011 and 6302 of the Code provide guidance relating 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.