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Revenue Procedure 2008-55

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Revenue Procedure 2008-55
Part III. Administrative, Procedural, and Miscellaneous


Application of Section 382 ber 7, 2008, and will apply unless and until mined by the Secretary, after consultation

in the Case of Certain there is additional guidance. with the Secretary of the Interior, to exer­

Acquisitions Made Pursuant cise governmental functions.

Temporary Regulation section

to the Housing and Economic 26 CFR 601.201: Rulings and determination letters.

305.7701–1(a) provides that a governing

(Also Part I. Sections 103(c), 105(e), 117(b)(2)(A),

Recovery Act of 2008 164, 170, 403(b)(1)(A)(ii), 454(b)(2), 511(a)(2)(B), body of a tribe, band, pueblo, community,

2055, 2106(a)(2), 2522, 4041(g), 4216, 4253(i), village, or group of native American In­

Notice 2008–76 4483(a), 4911, 4940(c), 4941(d), 4942(f), 4945(f), dians, or Alaska Natives, qualifies as an

4946(c).)

Indian tribal government upon determina­

SECTION 1. OVERVIEW tion by the Internal Revenue Service that

Rev. Proc. 2008–55 the governing body exercises governmen­

This notice announces that the Internal tal functions. Designation of a governing

Revenue Service (IRS) and the Treasury body as an Indian tribal government will

SECTION 1. GENERAL

Department (Treasury) will issue regula­ be by revenue procedure. The temporary

tions under section 382(m) of the Inter­ regulation further provides that if a gov­

.01 PURPOSE

nal Revenue Code (Code) that address the erning body is not currently designated

The purpose of this revenue procedure

application of section 382 in the case of by revenue procedure as an Indian tribal

is to designate the Indian tribal entities that

certain acquisitions made pursuant to the government, and such governing body be­

appear on the current or future lists of fed­

Housing and Economic Recovery Act of lieves that it qualifies for such designation,

erally recognized Indian tribes published

2008. the governing body may apply for a ruling

annually by the Department of the Inte­

Pursuant to section 1117(a) and (b) of from the Internal Revenue Service.

rior, Bureau of Indian Affairs, as Indian

the Housing and Economic Recovery Act (2) Federally Recognized Indian Tribe

tribal governments for purposes of section

of 2008, Pub. L. No. 110–289 (2008), the List Act and Associated Regulations. Un­

7701(a)(40). Indian tribal governments

Secretary of the Treasury is authorized to der the Federally Recognized Indian Tribe

are treated as States for certain purposes

purchase any obligations and other secu­ List Act of 1994, Pub. L. 103–454, 108

under section 7871(a).

rities issued by certain entities under the Stat. 4791 (“List Act”), the Secretary of

.02 BACKGROUND

Housing and Economic Recovery Act of the Interior is required to publish annually

(1) Internal Revenue Code and Trea­

2008. A purchase that is made pursuant to a list of all federally recognized Indian

sury Regulations. The Indian Tribal Gov­

this authority is hereinafter referred to as a tribes. The list must reflect all of the tribes

ernmental Tax Status Act of 1982 (Title

“Housing Act Acquisition.” that the Secretary of the Interior recog­

II of Pub. L. No. 97–473, 1983–1 C.B.

510, 511, as amended by Pub. L. No. nizes to be eligible for the programs and

SECTION 2. REGULATIONS TO BE

98–21, 1983–2 C.B. 309, 315) added sec­ services provided by the United States to

ISSUED UNDER SECTION 382(m)

tions 7701(a)(40) and 7871 to the Code. Indians because of their status as Indi­

The IRS and Treasury will issue reg­ Section 7871(a) provides that Indian tribal ans. 25 USC § 479a–1(b). The United

ulations under section 382(m) providing governments (or subdivisions thereof) will States has a government-to-government

that notwithstanding any other provision be treated as states for certain enumerated relationship with and recognizes the

of the Code or the regulations thereunder, federal tax purposes. For example, charita­ sovereignty of recognized Indian tribes.

for purposes of section 382 and the regu­ ble contributions to or for the use of a tribal List Act § 103(2). The Secretary

lations thereunder, with respect to a corpo­ government may be deductible under the of the Interior recognizes the entities

ration as to which there is a Housing Act federal income, gift, and estate tax laws; a on the list as Indian tribes with a

Acquisition, the term “testing date” (as de­ tribal government is entitled to exemption government-to-government relationship

fined in § 1.382–2(a)(4)) shall not include from certain excise taxes; taxes imposed with the United States. See 44 Fed.

any date on or after the date on which the by a tribe may be deductible; and public Reg. 7,235 (Feb. 6, 1979); 58 Fed.

United States (or any agency or instrumen­ activity bonds may be tax exempt obliga­ Reg. 54,364 (Oct. 21, 1993); and 60

tality thereof) (United States) acquires, in tions. §§ 7871(a)(1), (a)(3), (a)(4). As Fed. Reg. 9,250 (Feb. 16, 1995). The

a Housing Act Acquisition, stock (includ­ originally enacted in 1982, the provisions government-to-government relationship

ing stock described in section 1504(a)(4)) of section 7871 were temporary. These of a tribe that is on this list may not be

or an option to acquire stock in the corpo­ provisions were made permanent by sec­ terminated except by an Act of Congress.

ration. tion 1065 of the Tax Reform Act of 1984, List Act § 103(4).

Pub. L. 98–369, 1984–3 (Vol. 1) C.B. 556. The Department of the Interior pub­

SECTION 3. EFFECTIVE DATE Section 7701(a)(40) defines the term In­ lishes its list annually in the Federal Reg­

dian tribal government to mean the gov­ ister. The most recent list was published in

The regulations to be issued under sec­ erning body of any tribe, band, commu­ 73 Fed. Reg. 18,553 (April 4, 2008).

tion 382(m) that are described in section 2 nity, village, or group of Indians, or (if ap­ (3) Previous Revenue Procedures. The

of this notice will apply on or after Septem­ plicable) Alaska Natives, which is deter­ Internal Revenue Service has issued three







2008–39 I.R.B. 768 September 29, 2008

revenue procedures listing Indian tribal en­ tion pursuant to Department of the Inte­ the entity must be able to demonstrate

tities recognized as Indian tribal govern­ rior procedures. Tribal entities not appear­ that the underlying transaction involves

ments for purposes of section 7701(a)(40). ing on the list may apply for a ruling on the exercise of an essential governmental

See Rev. Proc. 83–87, 1983–2 C.B. 606; whether they qualify as Indian tribal gov­ function of the Indian tribal government.

Rev. Proc. 2001–15, 2001–1 C.B. 465; ernments under section 7701(a)(40) pur­ § 7871(b).

Rev. Proc. 2002–64, 2002–2 C.B. 717. suant to all applicable rules set forth in the

For each of the 2001 and 2002 revenue Statement of Procedural Rules (26 CFR SECTION 3. EFFECT ON OTHER

procedures, the Indian tribal entities listed Part 601), and guidelines set forth in Rev. DOCUMENTS

were also the Indian tribes on the most re­ Proc. 84–37, 1984–1 C.B. 513, as mod­

cent annual list published by the Depart­ ified by Rev. Proc. 86–17, 1986–1 C.B. Rev. Proc. 2002–64 is superseded.

ment of the Interior pursuant to the List 550, and Rev. Proc. 2008–1, 2008–1

SECTION 4. EFFECTIVE DATE

Act. I.R.B. 1.

.02 A tribe that does not appear on the This revenue procedure is effective on

SECTION 2. APPLICATION most recent list published by the Depart­ the date of publication.

ment of the Interior in the Federal Regis­

.01 In general, an Indian tribal entity ter pursuant to the requirements of the List SECTION 6. DRAFTING

that appears on the most recent list pub­ Act will nonetheless be treated as an In­ INFORMATION

lished by the Department of the Interior dian tribal government for purposes of sec­

in the Federal Register pursuant to the re­ tion 7701(a)(40) if the tribe has been ac­ The principal author of this revenue

quirements of the List Act is designated an knowledged as a federally recognized In­ procedure is Carol Cook of the Office

Indian tribal government for purposes of dian tribe, as stated in a letter from the De­ of the Division Counsel/Associate Chief

section 7701(a)(40). Tribal entities not ap­ partment of the Interior. Counsel (Tax Exempt & Government En­

pearing on the list that believe they qual­ .03 Qualification as an Indian tribal tities). For further information regarding

ify to be recognized as Indian tribes may government does not necessarily establish this revenue procedure, contact Ms. Cook

contact the Office of Federal Acknowledg­ that a tribe qualifies for a particular tax at (202) 622–1124 (not a toll-free call).

ment in the Department of the Interior for benefit. For example, when a tribal en­

information on how to apply for recogni­ tity seeks exemption from excise taxes,









September 29, 2008 769 2008–39 I.R.B.


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