Internal Revenue Service June 15, 2007 – Federal Register Recent Federal Regulation Documents

Art Advisory Panel-Notice of Postponement of Closed Meeting
Document Number: E7-11612
Type: Notice
Date: 2007-06-15
Agency: Internal Revenue Service, Department of Treasury, Department of the Treasury
The closed meeting of the Art Advisory Panel which was to be held in Washington, DC on June 20, 2007 has been postponed and will be rescheduled for Fall 2007. (The date to be determined.)
Deductions for Entertainment Use of Business Aircraft
Document Number: E7-11445
Type: Proposed Rule
Date: 2007-06-15
Agency: Internal Revenue Service, Department of Treasury, Department of the Treasury
This document contains proposed regulations relating to the use of business aircraft for entertainment. These proposed regulations affect taxpayers that deduct expenses for entertainment, amusement, or recreation provided to specified individuals. This document also provides notice of a public hearing on these proposed regulations. The proposed regulations reflect amendments under the American Jobs Creation Act of 2004 (AJCA) and the Gulf Opportunity Zone Act of 2005 (GOZA).
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