DISCLAIMER: These materials do not, and are not intended to, constitute legal or tax advice. You should consult an attorney or tax advisor for individual advice regarding your own situation. Although we have made considerable efforts to be thorough in the construction of these pages, we offer no assurance that the information posted here is timely, accurate, complete or applicable to any particular set of facts. To the contrary, be aware that some of the material on these pages is out of date, incomplete and/or altered in relation to the official version. These documents are not posted here for commercial use and should not be relied upon for any purpose whatsoever.

Added between November 23 & December 12, 2005

1. Flowchart - U.S. Model Tax Treaty Individual Residency "Tie-Breaker" Rules
2. Notice 2004-20   (Foreign Tax Credit Intermediary Transaction)
3. Notice 2001-45   (Basis Shifting Tax Shelter)
4. Section 318 Family Attribution
5. Section 267 Family Attribution

Added on November 15, 2005

1. Bashford   (Remote Continuity of Interest)
2. Groman   (Remote Continuity of Interest)
3. Nissho   (Foreign Tax Credits: Legal Liability for Withholding Taxes)
4. Southwest Consolidated   (Warrants are not voting stock / "Solely Leaves no Leeway")
5. Turnbow   (If No Tax Free Reorganization Exists, Then Full Gain Is Recognized in the Exchange)
6. Rev. Rul. 57-465   (Downstream Merger of Foreign Corporation was a D Reorganization)
7. Rev. Rul. 68-261   (Merger with Drops into Multiple Subsidiaries)
8. Rev. Rul. 68-285   (Dissenting Shareholders Paid Cash via Escrow Account in B Reorg)
9. Rev. Rul. 68-349   (Failed 351 Exchange - Lack of Control)
10. Rev. Rul. 68-562   (Acquiror's Shareholder Purchased 50% of Target Prior to B Reorganization)
11. Rev. Rul. 70-107   (Parent Assumption of Liabilities is Boot in Purported Triangular C Reorg)
12. Rev. Rul. 72-197   ("Shareholders" Liable for Foreign Taxes of Reverse Hybrid Entity)
13. Rev. Rul. 72-354   (Sale of Recently Purchased Stock to Qualify as a B Reorg)
14. Rev. Rul. 72-522   (Equity Injection for Working Capital Does Not Disqualify B Reorganization)
15. Rev. Rul. 73-102   (C Reorg with Cash to Dissenting Shareholders (Boot Relaxation Rule))
16. Rev. Rul. 74-564   (Merger of Transitory Entity Treated as B Reorganization)
17. Rev. Rul. 76-223   (Voting Rights Added to Qualify Exchange as a B Reorganization)
18. Rev. Rul. 79-4   (Acquiror Repayment of Debt Guaranteed by Target Shareholder is Boot in Purported B Reorganization)
19. Rev. Rul. 79-89   (Acquiror Repayment of Debt Guaranteed by Target Shareholder is Not Boot in B Reorganization)
20. Rev. Rul. 87-89   (Lending Intermediary Disregarded in Cross-Border Lending Transactions)
21. Rev. Rul. 98-10   (B Reorganization with Exchange of Securities)
22. Rev. Rul. 2001-26 Situation 1   (Two Step Reverse Triangular Merger)
23. Notice 2005-74, Example 1   (Tax Free Reorganization Impact on Gain Recognition Agreement - Transferor)
24. Notice 2005-74, Example 2   (Tax Free Reorganization Impact on Gain Recognition Agreement - Transferee)
25. Notice 2005-74, Example 3   (Tax Free Reorganization Impact on Gain Recognition Agreement - Transferred)

Added on October 3, 2005

1. Tribune     (Taxable Reverse Triangular Merger)

Added on September 14, 2005

1. Chamberlin     (Preferred Stock Bail-Out - Precursor to Section 306)
2. Chisholm     (Transfer to Partnership and Partnership Sale - Form Respected)
3. Old Colony Trust     (Employer Payment of Employee Taxes)
4. Pinellas Ice     (Short-Term Notes Not Treated As Securities - No Continuity of Interest)
5. Rev. Rul. 56-613     (Failed B Reorganization - Indirect Control)
6. Rev. Rul. 59-296     (Upstream Merger of Insolvent Subsidiary is Not a Section 332 Liquidation)
7. Rev. Rul. 78-330     (Avoiding Section 357(c) in a D Reorganization)
8. Rev. Rul. 84-71     (Section 351(a) As Part of Taxable Acquisitive Transaction [National Starch])
9. Rev. Rul. 2001-46     (Multi-Step Tax Free Reorganization was Not a Qualified Stock Purchase)
10. Triangular B Reorganization
11. Triangular C Reorganization
12. C Reorganization - Boot Relaxation Rule
13. 338(g) Election
14. 338(h)(10) Election
15. 338(g) Election - Controlled Foreign Corporation Target
16. Husband's Stock Redeemed - Basis Transfers to Wife [Reg. 1.302-2(c), Ex. 2]

Added on August 20, 2005

1. American Manufacturing     (Outbound D Reorganization)
2. Clark     (Boot Treated as Received in Hypothetical Redemption)
3. Kimbell-Diamond     (Stock Purchase & Target Liquidation Treated as Asset Acquisition)
4. J.E. Seagram     (Pre-Acquisition Continuity of Interest in Multi-Step Forward Triangular Merger)
5. Rev. Rul. 70-106     (Minority Redemption & Liquidation Is Not a Sec. 332 Transaction)
6. Rev. Rul. 70-140     (Purported 351 Followed by B Reorganization)
7. Rev. Rul. 70-141     (Ownership Attribution - Reg. 1.1502-34 & Sections 332 & 351)
8. Rev. Rul. 72-405     (Forward Triangular Merger & Liquidation of Transitory Subsidiary is a C Reorganization)
9. Rev. Rul. 74-598     (Ownership Attribution - Reg. 1.1502-34 & Section 332)
10. Rev. Rul. 75-161     (D Reorganization with Liabilities Exceeding Basis)
11. Rev. Rul. 75-383     (Inbound D Reorganization)
12. Rev. Rul. 75-521     (Stock Purchase & Liquidation Qualifies Under Section 332)
13. Rev. Rul. 76-192     (Third Party "filter" was Ineffective / CFC Created to Avoid Section 956)
14. Rev. Rul. 80-154     (Foreign Corp.'s Capitalization of Earnings - Sec. 305 Stock Dividend)
15. Rev. Rul. 82-16     (Subpart F Income with Less Than 100% U.S. Ownership)
16. Rev. Rul. 83-142     (Circular Flow of Cash in Foreign Spin-Off)
17. Rev. Rul. 87-47     (Corporation Formed to Hold Stock of Foreign Corporation)
18. Rev. Rul. 87-96     (Intercompany In-Kind Dividend of Foreign Subsidiary)
19. Rev. Rul. 89-46     (Ownership Attribution - Reg. 1.1502-34 & Section 351)
20. PLR 200225032  (U.S. Tax Treatment of German Organschaft)

Added on July 16, 2005

1. Aiken Industries     (Treaty Shopping / Back-to-Back Loans)
2. Elkhorn Coal     (Spin-Off & Purported C Reorganization of Distributing)
3. First Chicago     (No Ownership Aggregation for Section 902)
4. Vetco, Inc.     (Subpart F Income - Section 954 Branch Rule)
5. Rev. Rul. 70-240     (Asset Sale & Liquidation Treated as D Reorganization)
6. Rev. Rul. 88-25     (Domestication is an F Reorganization)
7. Rev. Rul. 90-95     (Cash Merger of Transitory Subsidiary Treated as Qualified Stock Purchase)
8. Rev. Rul. 90-112     (Investment in U.S. Property Through Partnership)
9. Rev. Rul. 91-5     (Section 304 Transaction with U.S. Seller of Foreign Co)
10. Rev. Rul. 99-5, Situation 1     (Disregarded Entity to Partnership - Sale)
11. Rev. Rul. 99-5, Situation 2     (Disregarded Entity to Partnership - Contribution)
12. Rev. Rul. 99-6, Situation 1     (Partnership to Disregarded Entity - Member Purchase)
13. Rev. Rul. 99-6, Situation 2     (Partnership to Disregarded Entity - Third Party Purchase)
14. Rev. Rul. 2001-24     (Forward Triangular Merger with Drop of Acquiror)
15. Rev. Rul. 2002-85     (D Reorganization with a Drop)
16. Rev. Rul. 2003-51     (Successive 351 Exchanges)
17. Rev. Rul. 2003-79     (Spin-Off & C Reorganization of Controlled)
18. Rev. Rul. 2004-59     (Partnership Conversion to Corporation - Contribution Followed by Distribution)
19. Rev. Rul. 2004-77     (Disregarded Entity with Two Owners [One owner is Disregarded])
20. Rev. Rul. 2004-83     (Related Stock Purch. & Liquidation Treated as D Reorganization)

Added on July 4, 2005

1. Example 1 - Forward Triangular Merger - No Inversion (40%)
2. Example 1A - Forward Triangular Merger - Consolidated U.S. Transferor
3. Example 2 - Forward Triangular Merger - Inversion (>50%)
4. Example 3 - Forward Triangular Merger - Consolidated U.S. Transferor and GRA terminated
5. Example 4 - Triangular B Reorg
6. Example 5 - Triangular C Reorg
7. Example 5A - C Reorg and Partial Drop
8. Example 5B - C Reorg and Partial Drop
9. Example 6 - Triangular C Reorg & 351 Exchange
10. Example 6A - Triangular C Reorg & 351 Exchange
11. Example 7 - Triangular C Reorg
12. Example 7A - Triangular C Reorg
13. Example 7B - Triangular C Reorg
14. Example 7C - Triangular C Reorg
15. Example 8 - Triangular C Reorg
16. Example 9 - Triangular C Reorg
17. Example 10 - Successive 351 Exchanges
18. Example 10A - Successive 351 Exchanges
19. Example 11 - Triangular C Reorg
20. Example 11A - Triangular C Reorg
21. Example 12 - Outbound F Reorg

Added on June 25, 2005

1. Chapman     (B Reorganization)
2. Davis     (Section 302 - Redemption of Preferred Stock)
3. Esmark     (Tender offer followed by In-Kind Redemption)
4. Intermountain Lumber     (Busted Section 351 Exchange)
5. Morris Trust     (Spin-off with Merger of Distributing)
6. Plantation Patterns     (Guarantor Treated as Borrower)
7. Smothers     (Liquidation - Reincorporation / D Reorganization with Boot)
8. TSN Liquidating     (Pre-sale Distribution - Treated as Dividend)
9. Zenz v. Quinlivan     (Part Sale / Part Redemption)
10. Rev. Rul. 67-274     (B Reorganization Plus Target Liquidation Equals C Reorganization)

Added on June 14, 2005

1. Atlas Tool     (D Reorganization with Boot)
2. Bhada     (Inversion Was Not a Section 304 Transaction)
3. Court Holding     (Conduit Seller)
4. Davant     (D / F Reorganization with Strawman)
5. Gregory v. Helvering     (Spin-Off with Transitory Controlled)
6. King Enterprises     (Two-step Merger)
7. Waterman Steamship     (Pre-sale distribution - Treated as Sales Proceeds)
8. Yoc Heating     (85% Stock Purchase Followed By Taxable Reorganization)

Added Prior to June 14, 2005

1. A Reorganization
2. B Reorganization
3. C Reorganization
4. D Reorganization (Acquisitive - i.e., Not a 355 Type Transaction)
5. A Reorganization with a Drop-down
6. B Reorganization with a Drop-down
7. C Reorganization with a Drop-down
8. D Reorganization with a Drop-down
9. Forward Triangular Merger