Rev. Proc. 60-1

SECTION 1. PURPOSE.

The purpose of this Revenue Procedure is to announce the policy of the Internal Revenue Service with respect to the granting of conferences in District Directors' offices on matters pertaining to the formulation or qualification of pension, annuity and similar plans, before such plans are formally submitted.

SEC. 2. CONFERENCE POLICY.

.01 For reasons of sound administration, conferences in District Directors' offices with taxpayers or their authorized representatives regarding the formulation or qualification of pension and similar plans, or related matters, under section 401(a) of the Internal Revenue Code of 1954, including amendments or curtailments to approved plans, ordinarily will be granted by the district offices only after their formal submission to the Service for a determination.

.02 A taxpayer or his authorized representative may be granted a presubmission conference by a District Director's office upon written request therefor, provided the request shows that a substantive plan, amendment, etc., has been developed for submission to the Service, but that special problems or issues are involved, and it is concluded that a presubmission conference would be warranted in the interest of facilitating review and determination when formal submission is made.

SEC. 3. OTHER ADVICE OR ASSISTANCE.

The rendering of advice and assistance not covered in section 2, whether solicited through personal appearance, telephone, or correspondence, will be limited to the furnishing of general information. Such information will relate to general procedures, where appropriate, or will direct the inquirer to source material, such as pertinent provisions of the Internal Revenue Code, Regulations, and Revenue Procedures which will aid him in resolving the question or problem.

SEC. 4. SCOPE.

The provisions of this Revenue Procedure relate only to Service policy with respect to the granting of presubmission conferences. They should not be construed as modifying or limiting the provisions of Revenue Procedure 56-12, C.B. 1956-1, 1029, which sets forth the procedures to be followed in submitting requests for determinations under section 401(a) of the Internal Revenue Code.

SEC. 5. EFFECTIVE DATE.

This Revenue Procedure is effective February 23, 1960, the date of publication in the Internal Revenue Bulletin.