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Rev. Rul. 72-623


Rev. Rul. 72-623; 1972-2 C.B. 654

DATED
DOCUMENT ATTRIBUTES
  • Cross-Reference

    26 CFR 301.7805-1: Rules and regulations.

  • Code Sections
  • Language
    English
  • Tax Analysts Electronic Citation
    not available
Citations: Rev. Rul. 72-623; 1972-2 C.B. 654
Rev. Rul. 72-623

Revenue Procedure 67-6, C.B. 1967-1, 576, announced a program for the review of rulings published in the Internal Revenue Bulletin before 1953 with an objective of identifying and publishing lists of those rulings which, although not specifically revoked or superseded, are not considered determinative with respect to future transactions.

Consistent with the objectives of that program, the Internal Revenue Service has undertaken a review of certain rulings that were published in the Internal Revenue Bulletin after 1952. The purpose of this Revenue Ruling is to publish a list of post-1952 rulings relating primarily to the administrative provisions area of the Internal Revenue Code which, although not specifically revoked or superseded, are not considered determinative with respect to future transactions because (1) the applicable statutory provisions or regulations have been changed or repealed; (2) the ruling position is specifically covered by statute, regulations, or a subsequent published position; or (3) the facts set forth no longer exist or are not sufficient to permit application of the current statute. Accordingly, the rulings listed below are hereby declared to be obsolete:

 Rev. Rul. No.             C.B. Citation

 

 --------------------------------------

 

 18                        1953-1, 15

 

 64                        1953-1, 356

 

 70                        1953-1, 495

 

 118                       1953-1, 97

 

 139                       1953-2, 470

 

 226                       1953-2, 500

 

 254                       1953-2, 451

 

 54-18                    1954-1, 165

 

 54-32                    1954-1, 225

 

 54-226                   1954-1, 226

 

 54-234                   1954-1, 255

 

 54-366                   1954-2, 36

 

 54-428                   1954-2, 43

 

 54-469                   1954-2, 248

 

 54-539                   1954-2, 403

 

 54-568                   1954-2, 116

 

 54-582                   1954-2, 124

 

 55-22                    1955-1, 198

 

 55-86                    1955-1, 334

 

 55-153                   1955-1, 199

 

 55-224                   1955-1, 414

 

 55-262                   1955-1, 141

 

 55-348                   1955-1, 132

 

 55-488                   1955-2, 652

 

 55-755                   1955-2, 486

 

 56-298                   1956-1, 597

 

 56-323                   1956-2, 993

 

 56-413                   1956-2, 857

 

 57-500                   1957-2, 920

 

 57-512                   1957-2, 913

 

 58-335                   1958-2, 474

 

 59-90                    1959-1, 648

 

 59-157                   1959-1, 641

 

 60-13                    1960-1, 644

 

 60-350                   1960-2, 394

 

 61-41                    1961-1, 667

 

 62-22                    1962-1, 332

 

 63-116                   1963-1, 293

 

 63-272                   1963-2, 614

 

 64-123                   1964-1 (Part I), 521

 

 64-291                   1964-2, 467

 

 65-22                    1965-1, 518

 

 65-28                    1965-1, 527

 

 65-47                    1965-1, 518

 

 65-72                    1965-1, 518

 

 66-199                   1966-2, 491

 

 66-231                   1966-2, 495

 

 68-384                   1968-2, 576

 

 

The purpose of this declaration of obsoleteness is to make clear to all concerned that the above-listed rulings in the administrative provisions area are not determinative with respect to future transactions. It is not the purpose of this Revenue Ruling to determine their applicability to past transactions.

Failure to include in this list of obsolete rulings any administrative provisions ruling published after 1952 should not be taken to imply that such has been determined to have continuing application to future transactions.

DOCUMENT ATTRIBUTES
  • Cross-Reference

    26 CFR 301.7805-1: Rules and regulations.

  • Code Sections
  • Language
    English
  • Tax Analysts Electronic Citation
    not available
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