id	sid	tid	token	lemma	pos
taxlaw-2799	1	1	microsoft	microsoft	PROPN
taxlaw-2799	1	2	word	word	NOUN
taxlaw-2799	1	3	nijenhuis	nijenhuis	ADJ
taxlaw-2799	1	4	word	word	NOUN
taxlaw-2799	1	5	final	final	ADJ
taxlaw-2799	1	6	1	1	NUM
taxlaw-2799	1	7	-	-	SYM
taxlaw-2799	1	8	5	5	NUM
taxlaw-2799	1	9	-	-	SYM
taxlaw-2799	1	10	11	11	NUM
taxlaw-2799	1	11	articles	article	NOUN
taxlaw-2799	1	12	new	new	ADJ
taxlaw-2799	1	13	tax	tax	NOUN
taxlaw-2799	1	14	issues	issue	NOUN
taxlaw-2799	1	15	arising	arise	VERB
taxlaw-2799	1	16	from	from	ADP
taxlaw-2799	1	17	the	the	DET
taxlaw-2799	1	18	doddfrank	doddfrank	NOUN
taxlaw-2799	1	19	act	act	NOUN
taxlaw-2799	1	20	and	and	CCONJ
taxlaw-2799	1	21	related	related	ADJ
taxlaw-2799	1	22	changes	change	NOUN
taxlaw-2799	1	23	to	to	ADP
taxlaw-2799	1	24	market	market	NOUN
taxlaw-2799	1	25	practice	practice	NOUN
taxlaw-2799	1	26	for	for	ADP
taxlaw-2799	1	27	derivatives	derivative	NOUN
taxlaw-2799	1	28	erika	erika	PROPN
taxlaw-2799	1	29	w.	w.	PROPN
taxlaw-2799	1	30	ijenhuis∗	ijenhuis∗	PROPN
taxlaw-2799	1	31	i.	i.	PROPN
taxlaw-2799	1	32	overview	overview	NOUN
taxlaw-2799	1	33	of	of	ADP
taxlaw-2799	1	34	products	product	NOUN
taxlaw-2799	1	35	and	and	CCONJ
taxlaw-2799	1	36	tax	tax	NOUN
taxlaw-2799	1	37	rules	rule	NOUN
taxlaw-2799	1	38	6	6	NUM
taxlaw-2799	1	39	a.	a.	NOUN
taxlaw-2799	1	40	description	description	NOUN
taxlaw-2799	1	41	of	of	ADP
taxlaw-2799	1	42	certain	certain	ADJ
taxlaw-2799	1	43	common	common	ADJ
taxlaw-2799	1	44	derivative	derivative	ADJ
taxlaw-2799	1	45	financial	financial	ADJ
taxlaw-2799	1	46	instruments	instrument	NOUN
taxlaw-2799	1	47	.	.	PUNCT
taxlaw-2799	2	1	..................	..................	PUNCT
taxlaw-2799	2	2	6	6	NUM
taxlaw-2799	2	3	1	1	NUM
taxlaw-2799	2	4	.	.	PUNCT
taxlaw-2799	2	5	interest	interest	NOUN
taxlaw-2799	2	6	rate	rate	NOUN
taxlaw-2799	2	7	swaps	swap	NOUN
taxlaw-2799	2	8	.............................................................................	.............................................................................	PUNCT
taxlaw-2799	2	9	6	6	NUM
taxlaw-2799	2	10	2	2	NUM
taxlaw-2799	2	11	.	.	PUNCT
taxlaw-2799	3	1	options	option	NOUN
taxlaw-2799	3	2	,	,	PUNCT
taxlaw-2799	3	3	including	include	VERB
taxlaw-2799	3	4	swaptions	swaption	NOUN
taxlaw-2799	3	5	.............................................................	.............................................................	PUNCT
taxlaw-2799	3	6	8	8	NUM
taxlaw-2799	3	7	3	3	NUM
taxlaw-2799	3	8	.	.	PUNCT
taxlaw-2799	3	9	credit	credit	NOUN
taxlaw-2799	3	10	default	default	NOUN
taxlaw-2799	3	11	swaps	swap	NOUN
taxlaw-2799	3	12	..........................................................................	..........................................................................	PUNCT
taxlaw-2799	3	13	9	9	NUM
taxlaw-2799	3	14	4	4	NUM
taxlaw-2799	3	15	.	.	PUNCT
taxlaw-2799	4	1	futures	future	NOUN
taxlaw-2799	4	2	contracts	contract	NOUN
taxlaw-2799	4	3	.............................................................................	.............................................................................	PUNCT
taxlaw-2799	4	4	12	12	NUM
taxlaw-2799	4	5	b.	b.	NOUN
taxlaw-2799	4	6	overview	overview	NOUN
taxlaw-2799	4	7	of	of	ADP
taxlaw-2799	4	8	taxation	taxation	NOUN
taxlaw-2799	4	9	of	of	ADP
taxlaw-2799	4	10	common	common	ADJ
taxlaw-2799	4	11	otc	otc	PROPN
taxlaw-2799	4	12	derivatives	derivative	NOUN
taxlaw-2799	4	13	......................................	......................................	PUNCT
taxlaw-2799	4	14	12	12	NUM
taxlaw-2799	4	15	1	1	NUM
taxlaw-2799	4	16	.	.	PUNCT
taxlaw-2799	4	17	otional	otional	ADJ
taxlaw-2799	4	18	principal	principal	ADJ
taxlaw-2799	4	19	contracts	contract	NOUN
taxlaw-2799	4	20	...........................................................	...........................................................	PUNCT
taxlaw-2799	4	21	12	12	NUM
taxlaw-2799	4	22	2	2	NUM
taxlaw-2799	4	23	.	.	PUNCT
taxlaw-2799	5	1	taxation	taxation	NOUN
taxlaw-2799	5	2	of	of	ADP
taxlaw-2799	5	3	options	option	NOUN
taxlaw-2799	5	4	..........................................................................	..........................................................................	PUNCT
taxlaw-2799	5	5	15	15	NUM
taxlaw-2799	5	6	3	3	NUM
taxlaw-2799	5	7	.	.	PUNCT
taxlaw-2799	6	1	taxation	taxation	NOUN
taxlaw-2799	6	2	of	of	ADP
taxlaw-2799	6	3	cds	cd	NOUN
taxlaw-2799	6	4	...............................................................................	...............................................................................	PUNCT
taxlaw-2799	7	1	16	16	NUM
taxlaw-2799	7	2	c.	c.	NOUN
taxlaw-2799	7	3	overview	overview	NOUN
taxlaw-2799	7	4	of	of	ADP
taxlaw-2799	7	5	section	section	NOUN
taxlaw-2799	7	6	1256	1256	NUM
taxlaw-2799	7	7	................................................................................	................................................................................	PUNCT
taxlaw-2799	7	8	19	19	NUM
taxlaw-2799	7	9	d.	d.	NOUN
taxlaw-2799	7	10	overview	overview	NOUN
taxlaw-2799	7	11	of	of	ADP
taxlaw-2799	7	12	other	other	ADJ
taxlaw-2799	7	13	special	special	ADJ
taxlaw-2799	7	14	tax	tax	NOUN
taxlaw-2799	7	15	rules	rule	NOUN
taxlaw-2799	7	16	for	for	ADP
taxlaw-2799	7	17	derivatives	derivative	NOUN
taxlaw-2799	7	18	.....................................	.....................................	PUNCT
taxlaw-2799	7	19	21	21	NUM
taxlaw-2799	7	20	1	1	NUM
taxlaw-2799	7	21	.	.	PUNCT
taxlaw-2799	7	22	hedging	hedging	NOUN
taxlaw-2799	7	23	transactions	transaction	NOUN
taxlaw-2799	7	24	.......................................................................	.......................................................................	PUNCT
taxlaw-2799	7	25	21	21	NUM
taxlaw-2799	7	26	2	2	NUM
taxlaw-2799	7	27	.	.	PUNCT
taxlaw-2799	7	28	mark	mark	PROPN
taxlaw-2799	7	29	-	-	PUNCT
taxlaw-2799	7	30	to	to	ADP
taxlaw-2799	7	31	-	-	PUNCT
taxlaw-2799	7	32	market	market	NOUN
taxlaw-2799	7	33	rules	rule	NOUN
taxlaw-2799	7	34	......................................................................	......................................................................	PUNCT
taxlaw-2799	7	35	23	23	NUM
taxlaw-2799	7	36	ii	ii	NOUN
taxlaw-2799	7	37	.	.	PUNCT
taxlaw-2799	8	1	developments	development	NOUN
taxlaw-2799	8	2	in	in	ADP
taxlaw-2799	8	3	the	the	DET
taxlaw-2799	8	4	markets	market	NOUN
taxlaw-2799	8	5	and	and	CCONJ
taxlaw-2799	8	6	the	the	DET
taxlaw-2799	8	7	law	law	NOUN
taxlaw-2799	8	8	............................	............................	PUNCT
taxlaw-2799	8	9	23	23	NUM
taxlaw-2799	8	10	a.	a.	NOUN
taxlaw-2799	8	11	the	the	DET
taxlaw-2799	8	12	clearing	clearing	NOUN
taxlaw-2799	8	13	process	process	NOUN
taxlaw-2799	8	14	........................................................................................	........................................................................................	PUNCT
taxlaw-2799	8	15	24	24	NUM
taxlaw-2799	8	16	1	1	NUM
taxlaw-2799	8	17	.	.	PUNCT
taxlaw-2799	9	1	clearing	clear	VERB
taxlaw-2799	9	2	futures	future	NOUN
taxlaw-2799	9	3	contracts	contract	NOUN
taxlaw-2799	9	4	..............................................................	..............................................................	PUNCT
taxlaw-2799	9	5	25	25	NUM
taxlaw-2799	9	6	∗	∗	NOUN
taxlaw-2799	9	7	by	by	ADP
taxlaw-2799	9	8	erika	erika	PROPN
taxlaw-2799	9	9	w.	w.	PROPN
taxlaw-2799	9	10	nijenhuis	nijenhuis	PROPN
taxlaw-2799	9	11	,	,	PUNCT
taxlaw-2799	9	12	a	a	DET
taxlaw-2799	9	13	partner	partner	NOUN
taxlaw-2799	9	14	in	in	ADP
taxlaw-2799	9	15	the	the	DET
taxlaw-2799	9	16	new	new	PROPN
taxlaw-2799	9	17	york	york	PROPN
taxlaw-2799	9	18	office	office	PROPN
taxlaw-2799	9	19	of	of	ADP
taxlaw-2799	9	20	cleary	cleary	PROPN
taxlaw-2799	9	21	gottlieb	gottlieb	PROPN
taxlaw-2799	9	22	steen	steen	PROPN
taxlaw-2799	9	23	&	&	CCONJ
taxlaw-2799	9	24	hamilton	hamilton	PROPN
taxlaw-2799	9	25	llp	llp	PROPN
taxlaw-2799	9	26	.	.	PUNCT
taxlaw-2799	10	1	a	a	DET
taxlaw-2799	10	2	prior	prior	ADJ
taxlaw-2799	10	3	version	version	NOUN
taxlaw-2799	10	4	of	of	ADP
taxlaw-2799	10	5	this	this	DET
taxlaw-2799	10	6	article	article	NOUN
taxlaw-2799	10	7	,	,	PUNCT
taxlaw-2799	10	8	written	write	VERB
taxlaw-2799	10	9	before	before	ADP
taxlaw-2799	10	10	the	the	DET
taxlaw-2799	10	11	amendment	amendment	NOUN
taxlaw-2799	10	12	to	to	ADP
taxlaw-2799	10	13	§	§	PROPN
taxlaw-2799	10	14	1256	1256	NUM
taxlaw-2799	10	15	described	describe	VERB
taxlaw-2799	10	16	herein	herein	NOUN
taxlaw-2799	10	17	,	,	PUNCT
taxlaw-2799	10	18	was	be	AUX
taxlaw-2799	10	19	published	publish	VERB
taxlaw-2799	10	20	at	at	ADP
taxlaw-2799	10	21	127	127	NUM
taxlaw-2799	10	22	tax	tax	NOUN
taxlaw-2799	10	23	notes	note	NOUN
taxlaw-2799	10	24	1235	1235	NUM
taxlaw-2799	10	25	(	(	PUNCT
taxlaw-2799	10	26	june	june	PROPN
taxlaw-2799	10	27	14	14	NUM
taxlaw-2799	10	28	,	,	PUNCT
taxlaw-2799	10	29	2010	2010	NUM
taxlaw-2799	10	30	)	)	PUNCT
taxlaw-2799	10	31	,	,	PUNCT
taxlaw-2799	10	32	based	base	VERB
taxlaw-2799	10	33	on	on	ADP
taxlaw-2799	10	34	a	a	DET
taxlaw-2799	10	35	version	version	NOUN
taxlaw-2799	10	36	presented	present	VERB
taxlaw-2799	10	37	at	at	ADP
taxlaw-2799	10	38	the	the	DET
taxlaw-2799	10	39	tax	tax	NOUN
taxlaw-2799	10	40	forum	forum	NOUN
taxlaw-2799	10	41	on	on	ADP
taxlaw-2799	10	42	april	april	PROPN
taxlaw-2799	10	43	5	5	NUM
taxlaw-2799	10	44	,	,	PUNCT
taxlaw-2799	10	45	2010	2010	NUM
taxlaw-2799	10	46	(	(	PUNCT
taxlaw-2799	10	47	paper	paper	NOUN
taxlaw-2799	10	48	no	no	INTJ
taxlaw-2799	10	49	.	.	PROPN
taxlaw-2799	10	50	623	623	NUM
taxlaw-2799	10	51	)	)	PUNCT
taxlaw-2799	10	52	,	,	PUNCT
taxlaw-2799	10	53	and	and	CCONJ
taxlaw-2799	10	54	will	will	AUX
taxlaw-2799	10	55	be	be	AUX
taxlaw-2799	10	56	republished	republish	VERB
taxlaw-2799	10	57	in	in	ADP
taxlaw-2799	10	58	the	the	DET
taxlaw-2799	10	59	corporate	corporate	ADJ
taxlaw-2799	10	60	tax	tax	NOUN
taxlaw-2799	10	61	practice	practice	NOUN
taxlaw-2799	10	62	series	series	NOUN
taxlaw-2799	10	63	(	(	PUNCT
taxlaw-2799	10	64	practising	practise	VERB
taxlaw-2799	10	65	law	law	PROPN
taxlaw-2799	10	66	institute	institute	NOUN
taxlaw-2799	10	67	2010	2010	NUM
taxlaw-2799	10	68	)	)	PUNCT
taxlaw-2799	10	69	.	.	PUNCT
taxlaw-2799	11	1	©	©	PROPN
taxlaw-2799	11	2	erika	erika	PROPN
taxlaw-2799	11	3	w.	w.	PROPN
taxlaw-2799	11	4	nijenhuis	nijenhuis	PROPN
taxlaw-2799	11	5	.	.	PUNCT
taxlaw-2799	12	1	all	all	DET
taxlaw-2799	12	2	rights	right	NOUN
taxlaw-2799	12	3	reserved	reserve	VERB
taxlaw-2799	12	4	.	.	PUNCT
taxlaw-2799	13	1	many	many	ADJ
taxlaw-2799	13	2	thanks	thank	NOUN
taxlaw-2799	13	3	to	to	ADP
taxlaw-2799	13	4	biswarup	biswarup	PROPN
taxlaw-2799	13	5	chatterjee	chatterjee	NOUN
taxlaw-2799	13	6	for	for	ADP
taxlaw-2799	13	7	his	his	PRON
taxlaw-2799	13	8	assistance	assistance	NOUN
taxlaw-2799	13	9	with	with	ADP
taxlaw-2799	13	10	section	section	NOUN
taxlaw-2799	13	11	ii.c	ii.c	VERB
taxlaw-2799	13	12	of	of	ADP
taxlaw-2799	13	13	the	the	DET
taxlaw-2799	13	14	article	article	NOUN
taxlaw-2799	13	15	,	,	PUNCT
taxlaw-2799	13	16	and	and	CCONJ
taxlaw-2799	13	17	to	to	ADP
taxlaw-2799	13	18	donald	donald	PROPN
taxlaw-2799	13	19	bendernagel	bendernagel	PROPN
taxlaw-2799	13	20	,	,	PUNCT
taxlaw-2799	13	21	adrienne	adrienne	PROPN
taxlaw-2799	13	22	browning	browning	PROPN
taxlaw-2799	13	23	,	,	PUNCT
taxlaw-2799	13	24	michael	michael	PROPN
taxlaw-2799	13	25	farber	farber	PROPN
taxlaw-2799	13	26	,	,	PUNCT
taxlaw-2799	13	27	silas	silas	PROPN
taxlaw-2799	13	28	j.	j.	PROPN
taxlaw-2799	13	29	findley	findley	PROPN
taxlaw-2799	13	30	,	,	PUNCT
taxlaw-2799	13	31	viva	viva	X
taxlaw-2799	13	32	hammer	hammer	NOUN
taxlaw-2799	13	33	,	,	PUNCT
taxlaw-2799	13	34	laura	laura	NOUN
taxlaw-2799	13	35	klimpel	klimpel	PROPN
taxlaw-2799	13	36	,	,	PUNCT
taxlaw-2799	13	37	andrea	andrea	PROPN
taxlaw-2799	13	38	s.	s.	PROPN
taxlaw-2799	13	39	kramer	kramer	PROPN
taxlaw-2799	13	40	,	,	PUNCT
taxlaw-2799	13	41	jeffrey	jeffrey	PROPN
taxlaw-2799	13	42	maddrey	maddrey	PROPN
taxlaw-2799	13	43	,	,	PUNCT
taxlaw-2799	13	44	william	william	PROPN
taxlaw-2799	13	45	paul	paul	PROPN
taxlaw-2799	13	46	,	,	PUNCT
taxlaw-2799	13	47	larry	larry	PROPN
taxlaw-2799	13	48	salva	salva	PROPN
taxlaw-2799	13	49	,	,	PUNCT
taxlaw-2799	13	50	david	david	PROPN
taxlaw-2799	13	51	h.	h.	PROPN
taxlaw-2799	13	52	shapiro	shapiro	PROPN
taxlaw-2799	13	53	,	,	PUNCT
taxlaw-2799	13	54	diane	diane	PROPN
taxlaw-2799	13	55	g.	g.	PROPN
taxlaw-2799	13	56	simons	simons	PROPN
taxlaw-2799	13	57	,	,	PUNCT
taxlaw-2799	13	58	jonathan	jonathan	PROPN
taxlaw-2799	13	59	silver	silver	PROPN
taxlaw-2799	13	60	and	and	CCONJ
taxlaw-2799	13	61	michael	michael	PROPN
taxlaw-2799	13	62	yaghmour	yaghmour	PROPN
taxlaw-2799	13	63	for	for	ADP
taxlaw-2799	13	64	their	their	PRON
taxlaw-2799	13	65	comments	comment	NOUN
taxlaw-2799	13	66	on	on	ADP
taxlaw-2799	13	67	earlier	early	ADJ
taxlaw-2799	13	68	drafts	draft	NOUN
taxlaw-2799	13	69	of	of	ADP
taxlaw-2799	13	70	the	the	DET
taxlaw-2799	13	71	article	article	NOUN
taxlaw-2799	13	72	.	.	PUNCT
taxlaw-2799	14	1	the	the	DET
taxlaw-2799	14	2	author	author	NOUN
taxlaw-2799	14	3	advised	advise	VERB
taxlaw-2799	14	4	one	one	NUM
taxlaw-2799	14	5	of	of	ADP
taxlaw-2799	14	6	the	the	DET
taxlaw-2799	14	7	u.s	u.s	PROPN
taxlaw-2799	14	8	.	.	PROPN
taxlaw-2799	14	9	cds	cds	PROPN
taxlaw-2799	14	10	clearinghouses	clearinghouse	NOUN
taxlaw-2799	14	11	described	describe	VERB
taxlaw-2799	14	12	below	below	ADP
taxlaw-2799	14	13	on	on	ADP
taxlaw-2799	14	14	tax	tax	NOUN
taxlaw-2799	14	15	issues	issue	NOUN
taxlaw-2799	14	16	in	in	ADP
taxlaw-2799	14	17	connection	connection	NOUN
taxlaw-2799	14	18	with	with	ADP
taxlaw-2799	14	19	clearing	clear	VERB
taxlaw-2799	14	20	cds	cd	NOUN
taxlaw-2799	14	21	,	,	PUNCT
taxlaw-2799	14	22	and	and	CCONJ
taxlaw-2799	14	23	has	have	AUX
taxlaw-2799	14	24	represented	represent	VERB
taxlaw-2799	14	25	the	the	DET
taxlaw-2799	14	26	securities	security	NOUN
taxlaw-2799	14	27	industry	industry	NOUN
taxlaw-2799	14	28	and	and	CCONJ
taxlaw-2799	14	29	financial	financial	ADJ
taxlaw-2799	14	30	markets	market	NOUN
taxlaw-2799	14	31	association	association	NOUN
taxlaw-2799	14	32	and	and	CCONJ
taxlaw-2799	14	33	members	member	NOUN
taxlaw-2799	14	34	thereof	thereof	ADV
taxlaw-2799	14	35	regarding	regard	VERB
taxlaw-2799	14	36	the	the	DET
taxlaw-2799	14	37	tax	tax	NOUN
taxlaw-2799	14	38	issues	issue	NOUN
taxlaw-2799	14	39	discussed	discuss	VERB
taxlaw-2799	14	40	in	in	ADP
taxlaw-2799	14	41	this	this	DET
taxlaw-2799	14	42	article	article	NOUN
taxlaw-2799	14	43	.	.	PUNCT
taxlaw-2799	15	1	the	the	DET
taxlaw-2799	15	2	manner	manner	NOUN
taxlaw-2799	15	3	in	in	ADP
taxlaw-2799	15	4	which	which	PRON
taxlaw-2799	15	5	the	the	DET
taxlaw-2799	15	6	derivatives	derivative	NOUN
taxlaw-2799	15	7	markets	market	NOUN
taxlaw-2799	15	8	operate	operate	VERB
taxlaw-2799	15	9	is	be	AUX
taxlaw-2799	15	10	complex	complex	ADJ
taxlaw-2799	15	11	and	and	CCONJ
taxlaw-2799	15	12	evolving	evolve	VERB
taxlaw-2799	15	13	.	.	PUNCT
taxlaw-2799	16	1	every	every	DET
taxlaw-2799	16	2	effort	effort	NOUN
taxlaw-2799	16	3	has	have	AUX
taxlaw-2799	16	4	been	be	AUX
taxlaw-2799	16	5	made	make	VERB
taxlaw-2799	16	6	to	to	PART
taxlaw-2799	16	7	describe	describe	VERB
taxlaw-2799	16	8	them	they	PRON
taxlaw-2799	16	9	correctly	correctly	ADV
taxlaw-2799	16	10	as	as	ADP
taxlaw-2799	16	11	of	of	ADP
taxlaw-2799	16	12	december	december	PROPN
taxlaw-2799	16	13	2010	2010	NUM
taxlaw-2799	16	14	by	by	ADP
taxlaw-2799	16	15	consulting	consult	VERB
taxlaw-2799	16	16	with	with	ADP
taxlaw-2799	16	17	experts	expert	NOUN
taxlaw-2799	16	18	,	,	PUNCT
taxlaw-2799	16	19	but	but	CCONJ
taxlaw-2799	16	20	it	it	PRON
taxlaw-2799	16	21	is	be	AUX
taxlaw-2799	16	22	possible	possible	ADJ
taxlaw-2799	16	23	that	that	SCONJ
taxlaw-2799	16	24	some	some	DET
taxlaw-2799	16	25	aspect	aspect	NOUN
taxlaw-2799	16	26	of	of	ADP
taxlaw-2799	16	27	either	either	DET
taxlaw-2799	16	28	market	market	NOUN
taxlaw-2799	16	29	practice	practice	NOUN
taxlaw-2799	16	30	or	or	CCONJ
taxlaw-2799	16	31	the	the	DET
taxlaw-2799	16	32	legal	legal	ADJ
taxlaw-2799	16	33	rules	rule	NOUN
taxlaw-2799	16	34	governing	govern	VERB
taxlaw-2799	16	35	those	those	DET
taxlaw-2799	16	36	instruments	instrument	NOUN
taxlaw-2799	16	37	described	describe	VERB
taxlaw-2799	16	38	herein	herein	NOUN
taxlaw-2799	16	39	is	be	AUX
taxlaw-2799	16	40	inaccurate	inaccurate	ADJ
taxlaw-2799	16	41	,	,	PUNCT
taxlaw-2799	16	42	as	as	SCONJ
taxlaw-2799	16	43	the	the	DET
taxlaw-2799	16	44	author	author	NOUN
taxlaw-2799	16	45	is	be	AUX
taxlaw-2799	16	46	a	a	DET
taxlaw-2799	16	47	not	not	PART
taxlaw-2799	16	48	a	a	DET
taxlaw-2799	16	49	banker	banker	NOUN
taxlaw-2799	16	50	or	or	CCONJ
taxlaw-2799	16	51	an	an	DET
taxlaw-2799	16	52	expert	expert	NOUN
taxlaw-2799	16	53	in	in	ADP
taxlaw-2799	16	54	the	the	DET
taxlaw-2799	16	55	non	non	ADJ
taxlaw-2799	16	56	-	-	ADJ
taxlaw-2799	16	57	tax	tax	ADJ
taxlaw-2799	16	58	rules	rule	NOUN
taxlaw-2799	16	59	governing	govern	VERB
taxlaw-2799	16	60	these	these	DET
taxlaw-2799	16	61	markets	market	NOUN
taxlaw-2799	16	62	and	and	CCONJ
taxlaw-2799	16	63	instruments	instrument	NOUN
taxlaw-2799	16	64	.	.	PUNCT
taxlaw-2799	17	1	any	any	DET
taxlaw-2799	17	2	errors	error	NOUN
taxlaw-2799	17	3	are	be	AUX
taxlaw-2799	17	4	those	those	PRON
taxlaw-2799	17	5	of	of	ADP
taxlaw-2799	17	6	the	the	DET
taxlaw-2799	17	7	author	author	NOUN
taxlaw-2799	17	8	.	.	PUNCT
taxlaw-2799	18	1	2	2	NUM
taxlaw-2799	18	2	columbia	columbia	PROPN
taxlaw-2799	18	3	jour	jour	PROPN
taxlaw-2799	18	4	al	al	PROPN
taxlaw-2799	18	5	of	of	ADP
taxlaw-2799	18	6	tax	tax	NOUN
taxlaw-2799	18	7	law	law	NOUN
taxlaw-2799	19	1	[	[	X
taxlaw-2799	19	2	vol	vol	NOUN
taxlaw-2799	19	3	.	.	PUNCT
taxlaw-2799	19	4	2:1	2:1	NUM
taxlaw-2799	20	1	2	2	X
taxlaw-2799	20	2	.	.	PUNCT
taxlaw-2799	20	3	clearing	clear	VERB
taxlaw-2799	20	4	cds	cd	NOUN
taxlaw-2799	20	5	....................................................................................	....................................................................................	PUNCT
taxlaw-2799	21	1	27	27	NUM
taxlaw-2799	21	2	3	3	NUM
taxlaw-2799	21	3	.	.	PUNCT
taxlaw-2799	21	4	clearing	clear	VERB
taxlaw-2799	21	5	interest	interest	NOUN
taxlaw-2799	21	6	rate	rate	NOUN
taxlaw-2799	21	7	swaps	swap	NOUN
taxlaw-2799	21	8	...........................................................	...........................................................	PUNCT
taxlaw-2799	21	9	31	31	NUM
taxlaw-2799	21	10	b.	b.	PROPN
taxlaw-2799	21	11	summary	summary	NOUN
taxlaw-2799	21	12	of	of	ADP
taxlaw-2799	21	13	dodd	dodd	PROPN
taxlaw-2799	21	14	-	-	PUNCT
taxlaw-2799	21	15	frank	frank	PROPN
taxlaw-2799	21	16	’s	’s	PART
taxlaw-2799	21	17	provisions	provision	NOUN
taxlaw-2799	21	18	relating	relate	VERB
taxlaw-2799	21	19	to	to	ADP
taxlaw-2799	21	20	derivatives	derivative	NOUN
taxlaw-2799	21	21	.......................	.......................	PUNCT
taxlaw-2799	21	22	33	33	NUM
taxlaw-2799	21	23	1	1	NUM
taxlaw-2799	21	24	.	.	PUNCT
taxlaw-2799	21	25	definition	definition	NOUN
taxlaw-2799	21	26	of	of	ADP
taxlaw-2799	21	27	“	"	PUNCT
taxlaw-2799	21	28	swap	swap	NOUN
taxlaw-2799	21	29	”	"	PUNCT
taxlaw-2799	21	30	........................................................................	........................................................................	PUNCT
taxlaw-2799	21	31	33	33	NUM
taxlaw-2799	21	32	2	2	NUM
taxlaw-2799	21	33	.	.	PUNCT
taxlaw-2799	21	34	clearing	clearing	NOUN
taxlaw-2799	21	35	and	and	CCONJ
taxlaw-2799	21	36	exchange	exchange	NOUN
taxlaw-2799	21	37	-	-	PUNCT
taxlaw-2799	21	38	trading	trading	NOUN
taxlaw-2799	21	39	requirements	requirement	NOUN
taxlaw-2799	21	40	...............................	...............................	PUNCT
taxlaw-2799	21	41	35	35	NUM
taxlaw-2799	21	42	3	3	NUM
taxlaw-2799	21	43	.	.	PUNCT
taxlaw-2799	21	44	swap	swap	NOUN
taxlaw-2799	21	45	dealers	dealer	NOUN
taxlaw-2799	21	46	,	,	PUNCT
taxlaw-2799	21	47	major	major	ADJ
taxlaw-2799	21	48	swap	swap	NOUN
taxlaw-2799	21	49	participants	participant	NOUN
taxlaw-2799	21	50	and	and	CCONJ
taxlaw-2799	21	51	end	end	NOUN
taxlaw-2799	21	52	-	-	PUNCT
taxlaw-2799	21	53	users	user	NOUN
taxlaw-2799	21	54	.................	.................	PUNCT
taxlaw-2799	21	55	36	36	NUM
taxlaw-2799	21	56	c.	c.	PROPN
taxlaw-2799	21	57	upfront	upfront	ADJ
taxlaw-2799	21	58	payments	payment	NOUN
taxlaw-2799	21	59	.	.	PUNCT
taxlaw-2799	22	1	............................................................................................	............................................................................................	PUNCT
taxlaw-2799	23	1	37	37	NUM
taxlaw-2799	23	2	1	1	NUM
taxlaw-2799	23	3	.	.	PUNCT
taxlaw-2799	23	4	standardization	standardization	NOUN
taxlaw-2799	23	5	of	of	ADP
taxlaw-2799	23	6	coupons	coupon	NOUN
taxlaw-2799	23	7	–	–	PUNCT
taxlaw-2799	23	8	in	in	ADP
taxlaw-2799	23	9	general	general	ADJ
taxlaw-2799	23	10	........................................	........................................	PUNCT
taxlaw-2799	23	11	37	37	NUM
taxlaw-2799	23	12	2	2	NUM
taxlaw-2799	23	13	.	.	PUNCT
taxlaw-2799	23	14	standardization	standardization	NOUN
taxlaw-2799	23	15	of	of	ADP
taxlaw-2799	23	16	cds	cd	NOUN
taxlaw-2799	23	17	coupons	coupon	NOUN
taxlaw-2799	23	18	.....................................................	.....................................................	PUNCT
taxlaw-2799	24	1	38	38	NUM
taxlaw-2799	24	2	3	3	NUM
taxlaw-2799	24	3	.	.	PUNCT
taxlaw-2799	24	4	other	other	ADJ
taxlaw-2799	24	5	types	type	NOUN
taxlaw-2799	24	6	of	of	ADP
taxlaw-2799	24	7	upfront	upfront	ADJ
taxlaw-2799	24	8	payments	payment	NOUN
taxlaw-2799	24	9	....................................................	....................................................	PUNCT
taxlaw-2799	24	10	45	45	NUM
taxlaw-2799	24	11	iii	iii	NOUN
taxlaw-2799	24	12	.	.	PUNCT
taxlaw-2799	25	1	the	the	DET
taxlaw-2799	25	2	dodd	dodd	PROPN
taxlaw-2799	25	3	-	-	PUNCT
taxlaw-2799	25	4	frank	frank	PROPN
taxlaw-2799	25	5	amendment	amendment	NOUN
taxlaw-2799	25	6	to	to	PART
taxlaw-2799	25	7	section	section	VERB
taxlaw-2799	25	8	1256	1256	NUM
taxlaw-2799	25	9	...........................	...........................	PUNCT
taxlaw-2799	25	10	46	46	NUM
taxlaw-2799	25	11	a.	a.	NOUN
taxlaw-2799	25	12	effect	effect	NOUN
taxlaw-2799	25	13	of	of	ADP
taxlaw-2799	25	14	section	section	NOUN
taxlaw-2799	25	15	1256	1256	NUM
taxlaw-2799	25	16	treatment	treatment	NOUN
taxlaw-2799	25	17	for	for	ADP
taxlaw-2799	25	18	otc	otc	PROPN
taxlaw-2799	25	19	derivatives	derivative	NOUN
taxlaw-2799	25	20	.	.	PUNCT
taxlaw-2799	26	1	..................................	..................................	PUNCT
taxlaw-2799	27	1	51	51	NUM
taxlaw-2799	27	2	1	1	NUM
taxlaw-2799	27	3	.	.	PUNCT
taxlaw-2799	27	4	interest	interest	NOUN
taxlaw-2799	27	5	rate	rate	NOUN
taxlaw-2799	27	6	swaps	swap	NOUN
taxlaw-2799	27	7	and	and	CCONJ
taxlaw-2799	27	8	swap	swap	NOUN
taxlaw-2799	27	9	futures	future	NOUN
taxlaw-2799	27	10	contracts	contract	NOUN
taxlaw-2799	27	11	............................	............................	PUNCT
taxlaw-2799	27	12	51	51	NUM
taxlaw-2799	27	13	2	2	NUM
taxlaw-2799	27	14	.	.	PUNCT
taxlaw-2799	27	15	interest	interest	NOUN
taxlaw-2799	27	16	rate	rate	NOUN
taxlaw-2799	27	17	swaps	swap	NOUN
taxlaw-2799	27	18	and	and	CCONJ
taxlaw-2799	27	19	hedges	hedge	NOUN
taxlaw-2799	27	20	thereof	thereof	ADV
taxlaw-2799	27	21	.........................................	.........................................	PUNCT
taxlaw-2799	27	22	55	55	NUM
taxlaw-2799	27	23	3	3	NUM
taxlaw-2799	27	24	.	.	PUNCT
taxlaw-2799	27	25	benefits	benefit	NOUN
taxlaw-2799	27	26	of	of	ADP
taxlaw-2799	27	27	section	section	NOUN
taxlaw-2799	27	28	1256	1256	NUM
taxlaw-2799	27	29	treatment	treatment	NOUN
taxlaw-2799	27	30	..................................................	..................................................	PUNCT
taxlaw-2799	28	1	58	58	NUM
taxlaw-2799	28	2	b.	b.	NOUN
taxlaw-2799	28	3	a	a	DET
taxlaw-2799	28	4	discourse	discourse	NOUN
taxlaw-2799	28	5	on	on	ADP
taxlaw-2799	28	6	the	the	DET
taxlaw-2799	28	7	history	history	NOUN
taxlaw-2799	28	8	of	of	ADP
taxlaw-2799	28	9	section	section	NOUN
taxlaw-2799	28	10	1256	1256	NUM
taxlaw-2799	28	11	.	.	PUNCT
taxlaw-2799	29	1	...................................................	...................................................	PUNCT
taxlaw-2799	30	1	59	59	NUM
taxlaw-2799	30	2	1	1	NUM
taxlaw-2799	30	3	.	.	X
taxlaw-2799	30	4	construing	construe	VERB
taxlaw-2799	30	5	“	"	PUNCT
taxlaw-2799	30	6	regulated	regulated	ADJ
taxlaw-2799	30	7	futures	future	NOUN
taxlaw-2799	30	8	contract	contract	NOUN
taxlaw-2799	30	9	”	"	PUNCT
taxlaw-2799	30	10	......................................	......................................	PUNCT
taxlaw-2799	31	1	60	60	NUM
taxlaw-2799	31	2	2	2	NUM
taxlaw-2799	31	3	.	.	PUNCT
taxlaw-2799	32	1	the	the	DET
taxlaw-2799	32	2	1983	1983	NUM
taxlaw-2799	32	3	controversy	controversy	NOUN
taxlaw-2799	32	4	over	over	ADP
taxlaw-2799	32	5	the	the	DET
taxlaw-2799	32	6	scope	scope	NOUN
taxlaw-2799	32	7	of	of	ADP
taxlaw-2799	32	8	the	the	DET
taxlaw-2799	32	9	rfc	rfc	NOUN
taxlaw-2799	32	10	definition	definition	NOUN
taxlaw-2799	32	11	..........	..........	PUNCT
taxlaw-2799	32	12	66	66	NUM
taxlaw-2799	32	13	3	3	NUM
taxlaw-2799	32	14	.	.	X
taxlaw-2799	33	1	history	history	NOUN
taxlaw-2799	33	2	of	of	ADP
taxlaw-2799	33	3	foreign	foreign	ADJ
taxlaw-2799	33	4	currency	currency	NOUN
taxlaw-2799	33	5	contracts	contract	NOUN
taxlaw-2799	33	6	............................................	............................................	PUNCT
taxlaw-2799	34	1	68	68	NUM
taxlaw-2799	34	2	4	4	NUM
taxlaw-2799	34	3	.	.	PUNCT
taxlaw-2799	34	4	other	other	ADJ
taxlaw-2799	34	5	service	service	NOUN
taxlaw-2799	34	6	guidance	guidance	NOUN
taxlaw-2799	34	7	on	on	ADP
taxlaw-2799	34	8	the	the	DET
taxlaw-2799	34	9	scope	scope	NOUN
taxlaw-2799	34	10	of	of	ADP
taxlaw-2799	34	11	the	the	DET
taxlaw-2799	34	12	rfc	rfc	NOUN
taxlaw-2799	34	13	definition	definition	NOUN
taxlaw-2799	34	14	...........	...........	PUNCT
taxlaw-2799	34	15	71	71	NUM
taxlaw-2799	34	16	c.	c.	NOUN
taxlaw-2799	34	17	the	the	DET
taxlaw-2799	34	18	dodd	dodd	PROPN
taxlaw-2799	34	19	-	-	PUNCT
taxlaw-2799	34	20	frank	frank	PROPN
taxlaw-2799	34	21	amendment	amendment	NOUN
taxlaw-2799	34	22	to	to	PART
taxlaw-2799	34	23	section	section	NOUN
taxlaw-2799	34	24	1256	1256	NUM
taxlaw-2799	34	25	.	.	PUNCT
taxlaw-2799	35	1	...............................................	...............................................	PUNCT
taxlaw-2799	36	1	74	74	NUM
taxlaw-2799	36	2	iv	iv	NOUN
taxlaw-2799	36	3	.	.	PUNCT
taxlaw-2799	36	4	initial	initial	ADJ
taxlaw-2799	36	5	payments	payment	NOUN
taxlaw-2799	36	6	82	82	NUM
taxlaw-2799	36	7	a.	a.	NOUN
taxlaw-2799	36	8	payment	payment	NOUN
taxlaw-2799	36	9	issues	issue	NOUN
taxlaw-2799	36	10	.................................................................................................	.................................................................................................	PUNCT
taxlaw-2799	36	11	83	83	NUM
taxlaw-2799	36	12	b.	b.	PROPN
taxlaw-2799	36	13	deemed	deem	VERB
taxlaw-2799	36	14	loan	loan	NOUN
taxlaw-2799	36	15	issues	issue	NOUN
taxlaw-2799	36	16	.........................................................................................	.........................................................................................	PUNCT
taxlaw-2799	37	1	87	87	NUM
taxlaw-2799	37	2	1	1	NUM
taxlaw-2799	37	3	.	.	PUNCT
taxlaw-2799	37	4	“	"	PUNCT
taxlaw-2799	37	5	significance	significance	NOUN
taxlaw-2799	37	6	”	"	PUNCT
taxlaw-2799	37	7	..................................................................................	..................................................................................	PUNCT
taxlaw-2799	38	1	87	87	NUM
taxlaw-2799	38	2	2	2	X
taxlaw-2799	38	3	.	.	PUNCT
taxlaw-2799	38	4	distinguishing	distinguish	VERB
taxlaw-2799	38	5	between	between	ADP
taxlaw-2799	38	6	“	"	PUNCT
taxlaw-2799	38	7	swaps	swap	NOUN
taxlaw-2799	38	8	”	"	PUNCT
taxlaw-2799	38	9	.....................................................	.....................................................	PUNCT
taxlaw-2799	38	10	88	88	NUM
taxlaw-2799	38	11	3	3	NUM
taxlaw-2799	38	12	.	.	PUNCT
taxlaw-2799	38	13	special	special	ADJ
taxlaw-2799	38	14	attributes	attribute	NOUN
taxlaw-2799	38	15	of	of	ADP
taxlaw-2799	38	16	cleared	clear	VERB
taxlaw-2799	38	17	swaps	swap	NOUN
taxlaw-2799	38	18	.................................................	.................................................	PUNCT
taxlaw-2799	38	19	88	88	NUM
taxlaw-2799	38	20	c.	c.	NOUN
taxlaw-2799	38	21	additional	additional	ADJ
taxlaw-2799	38	22	issues	issue	NOUN
taxlaw-2799	38	23	for	for	ADP
taxlaw-2799	38	24	cds	cd	NOUN
taxlaw-2799	38	25	................................................................................	................................................................................	PUNCT
taxlaw-2799	39	1	89	89	NUM
taxlaw-2799	39	2	1	1	NUM
taxlaw-2799	39	3	.	.	PUNCT
taxlaw-2799	40	1	do	do	AUX
taxlaw-2799	40	2	the	the	DET
taxlaw-2799	40	3	deemed	deemed	ADJ
taxlaw-2799	40	4	loan	loan	NOUN
taxlaw-2799	40	5	rules	rule	NOUN
taxlaw-2799	40	6	apply	apply	VERB
taxlaw-2799	40	7	?	?	PUNCT
taxlaw-2799	41	1	..................................................	..................................................	PUNCT
taxlaw-2799	42	1	89	89	NUM
taxlaw-2799	42	2	2	2	NUM
taxlaw-2799	42	3	.	.	PUNCT
taxlaw-2799	43	1	if	if	SCONJ
taxlaw-2799	43	2	there	there	PRON
taxlaw-2799	43	3	is	be	VERB
taxlaw-2799	43	4	a	a	DET
taxlaw-2799	43	5	loan	loan	NOUN
taxlaw-2799	43	6	,	,	PUNCT
taxlaw-2799	43	7	what	what	PRON
taxlaw-2799	43	8	are	be	AUX
taxlaw-2799	43	9	its	its	PRON
taxlaw-2799	43	10	terms	term	NOUN
taxlaw-2799	43	11	?	?	PUNCT
taxlaw-2799	44	1	...........................................	...........................................	PUNCT
taxlaw-2799	45	1	91	91	NUM
taxlaw-2799	45	2	3	3	NUM
taxlaw-2799	45	3	.	.	PUNCT
taxlaw-2799	46	1	what	what	PRON
taxlaw-2799	46	2	about	about	ADP
taxlaw-2799	46	3	the	the	DET
taxlaw-2799	46	4	proposed	propose	VERB
taxlaw-2799	46	5	swap	swap	NOUN
taxlaw-2799	46	6	regulations	regulation	NOUN
taxlaw-2799	46	7	?	?	PUNCT
taxlaw-2799	47	1	.................................	.................................	PUNCT
taxlaw-2799	48	1	93	93	NUM
taxlaw-2799	48	2	on	on	ADP
taxlaw-2799	48	3	july	july	PROPN
taxlaw-2799	48	4	21	21	NUM
taxlaw-2799	48	5	,	,	PUNCT
taxlaw-2799	48	6	2010	2010	NUM
taxlaw-2799	48	7	,	,	PUNCT
taxlaw-2799	48	8	the	the	DET
taxlaw-2799	48	9	dodd	dodd	PROPN
taxlaw-2799	48	10	-	-	PUNCT
taxlaw-2799	48	11	frank	frank	PROPN
taxlaw-2799	48	12	wall	wall	PROPN
taxlaw-2799	48	13	street	street	PROPN
taxlaw-2799	48	14	reform	reform	PROPN
taxlaw-2799	48	15	and	and	CCONJ
taxlaw-2799	48	16	consumer	consumer	NOUN
taxlaw-2799	48	17	protection	protection	NOUN
taxlaw-2799	48	18	act	act	NOUN
taxlaw-2799	48	19	(	(	PUNCT
taxlaw-2799	48	20	“	"	PUNCT
taxlaw-2799	48	21	dodd	dodd	PROPN
taxlaw-2799	48	22	-	-	PUNCT
taxlaw-2799	48	23	frank	frank	PROPN
taxlaw-2799	48	24	”	"	PUNCT
taxlaw-2799	48	25	)	)	PUNCT
taxlaw-2799	48	26	was	be	AUX
taxlaw-2799	48	27	enacted	enact	VERB
taxlaw-2799	48	28	into	into	ADP
taxlaw-2799	48	29	law.1	law.1	PROPN
taxlaw-2799	48	30	doddfrank	doddfrank	PROPN
taxlaw-2799	48	31	mandates	mandate	VERB
taxlaw-2799	48	32	the	the	DET
taxlaw-2799	48	33	most	most	ADV
taxlaw-2799	48	34	sweeping	sweeping	ADJ
taxlaw-2799	48	35	changes	change	NOUN
taxlaw-2799	48	36	to	to	ADP
taxlaw-2799	48	37	the	the	DET
taxlaw-2799	48	38	u.s	u.s	PROPN
taxlaw-2799	48	39	.	.	PROPN
taxlaw-2799	48	40	markets	market	NOUN
taxlaw-2799	48	41	for	for	ADP
taxlaw-2799	48	42	derivative	derivative	ADJ
taxlaw-2799	48	43	financial	financial	ADJ
taxlaw-2799	48	44	instruments	instrument	NOUN
taxlaw-2799	48	45	in	in	ADP
taxlaw-2799	48	46	decades	decade	NOUN
taxlaw-2799	48	47	.	.	PUNCT
taxlaw-2799	49	1	this	this	DET
taxlaw-2799	49	2	article	article	NOUN
taxlaw-2799	49	3	discusses	discuss	VERB
taxlaw-2799	49	4	a	a	DET
taxlaw-2799	49	5	number	number	NOUN
taxlaw-2799	49	6	of	of	ADP
taxlaw-2799	49	7	u.s	u.s	PROPN
taxlaw-2799	49	8	.	.	PROPN
taxlaw-2799	49	9	federal	federal	ADJ
taxlaw-2799	49	10	income	income	NOUN
taxlaw-2799	49	11	tax	tax	NOUN
taxlaw-2799	49	12	issues	issue	NOUN
taxlaw-2799	49	13	raised	raise	VERB
taxlaw-2799	49	14	by	by	ADP
taxlaw-2799	49	15	dodd	dodd	PROPN
taxlaw-2799	49	16	-	-	PUNCT
taxlaw-2799	49	17	frank	frank	ADJ
taxlaw-2799	49	18	and	and	CCONJ
taxlaw-2799	49	19	related	related	ADJ
taxlaw-2799	49	20	changes	change	NOUN
taxlaw-2799	49	21	to	to	ADP
taxlaw-2799	49	22	market	market	NOUN
taxlaw-2799	49	23	practice	practice	NOUN
taxlaw-2799	49	24	for	for	ADP
taxlaw-2799	49	25	derivatives	derivative	NOUN
taxlaw-2799	49	26	.	.	PUNCT
taxlaw-2799	50	1	1	1	NUM
taxlaw-2799	50	2	dodd	dodd	PROPN
taxlaw-2799	50	3	-	-	PUNCT
taxlaw-2799	50	4	frank	frank	PROPN
taxlaw-2799	50	5	wall	wall	PROPN
taxlaw-2799	50	6	street	street	PROPN
taxlaw-2799	50	7	reform	reform	PROPN
taxlaw-2799	50	8	and	and	CCONJ
taxlaw-2799	50	9	consumer	consumer	NOUN
taxlaw-2799	50	10	protection	protection	NOUN
taxlaw-2799	50	11	act	act	NOUN
taxlaw-2799	50	12	of	of	ADP
taxlaw-2799	50	13	2010	2010	NUM
taxlaw-2799	50	14	,	,	PUNCT
taxlaw-2799	50	15	pub	pub	NOUN
taxlaw-2799	50	16	.	.	PUNCT
taxlaw-2799	51	1	l.	l.	PROPN
taxlaw-2799	51	2	no	no	INTJ
taxlaw-2799	51	3	.	.	PROPN
taxlaw-2799	51	4	111	111	NUM
taxlaw-2799	51	5	-	-	SYM
taxlaw-2799	51	6	203	203	NUM
taxlaw-2799	51	7	,	,	PUNCT
taxlaw-2799	51	8	124	124	NUM
taxlaw-2799	51	9	stat	stat	NOUN
taxlaw-2799	51	10	.	.	PUNCT
taxlaw-2799	52	1	1376	1376	NUM
taxlaw-2799	52	2	.	.	PUNCT
taxlaw-2799	53	1	european	european	ADJ
taxlaw-2799	53	2	authorities	authority	NOUN
taxlaw-2799	53	3	also	also	ADV
taxlaw-2799	53	4	are	be	AUX
taxlaw-2799	53	5	considering	consider	VERB
taxlaw-2799	53	6	sweeping	sweeping	ADJ
taxlaw-2799	53	7	reforms	reform	NOUN
taxlaw-2799	53	8	of	of	ADP
taxlaw-2799	53	9	the	the	DET
taxlaw-2799	53	10	european	european	ADJ
taxlaw-2799	53	11	derivatives	derivative	NOUN
taxlaw-2799	53	12	markets	market	NOUN
taxlaw-2799	53	13	.	.	PUNCT
taxlaw-2799	54	1	see	see	VERB
taxlaw-2799	54	2	,	,	PUNCT
taxlaw-2799	54	3	e.g.	e.g.	ADV
taxlaw-2799	54	4	,	,	PUNCT
taxlaw-2799	54	5	report	report	NOUN
taxlaw-2799	54	6	on	on	ADP
taxlaw-2799	54	7	derivatives	derivative	NOUN
taxlaw-2799	54	8	markets	market	NOUN
taxlaw-2799	54	9	:	:	PUNCT
taxlaw-2799	54	10	future	future	ADJ
taxlaw-2799	54	11	policy	policy	NOUN
taxlaw-2799	54	12	actions	action	NOUN
taxlaw-2799	54	13	,	,	PUNCT
taxlaw-2799	54	14	eur	eur	PROPN
taxlaw-2799	54	15	.	.	PUNCT
taxlaw-2799	54	16	parl	parl	PROPN
taxlaw-2799	54	17	.	.	PUNCT
taxlaw-2799	55	1	doc	doc	PROPN
taxlaw-2799	55	2	.	.	PROPN
taxlaw-2799	55	3	(	(	PUNCT
taxlaw-2799	55	4	2010	2010	NUM
taxlaw-2799	55	5	)	)	PUNCT
taxlaw-2799	55	6	,	,	PUNCT
taxlaw-2799	55	7	available	available	ADJ
taxlaw-2799	55	8	at	at	ADP
taxlaw-2799	55	9	http://tinyurl.com/langenreport2010	http://tinyurl.com/langenreport2010	PROPN
taxlaw-2799	55	10	;	;	PUNCT
taxlaw-2799	55	11	proposal	proposal	NOUN
taxlaw-2799	55	12	for	for	ADP
taxlaw-2799	55	13	a	a	DET
taxlaw-2799	55	14	regulation	regulation	NOUN
taxlaw-2799	55	15	of	of	ADP
taxlaw-2799	55	16	the	the	DET
taxlaw-2799	55	17	european	european	ADJ
taxlaw-2799	55	18	parliament	parliament	NOUN
taxlaw-2799	55	19	and	and	CCONJ
taxlaw-2799	55	20	of	of	ADP
taxlaw-2799	55	21	the	the	DET
taxlaw-2799	55	22	council	council	NOUN
taxlaw-2799	55	23	on	on	ADP
taxlaw-2799	55	24	otc	otc	PROPN
taxlaw-2799	55	25	derivatives	derivative	NOUN
taxlaw-2799	55	26	,	,	PUNCT
taxlaw-2799	55	27	central	central	ADJ
taxlaw-2799	55	28	counterparties	counterpartie	NOUN
taxlaw-2799	55	29	and	and	CCONJ
taxlaw-2799	55	30	trade	trade	NOUN
taxlaw-2799	55	31	repositories	repository	NOUN
taxlaw-2799	55	32	,	,	PUNCT
taxlaw-2799	55	33	eur	eur	PROPN
taxlaw-2799	55	34	.	.	PROPN
taxlaw-2799	55	35	comm	comm	NOUN
taxlaw-2799	55	36	.	.	PUNCT
taxlaw-2799	56	1	doc	doc	PROPN
taxlaw-2799	56	2	.	.	PROPN
taxlaw-2799	56	3	(	(	PUNCT
taxlaw-2799	56	4	2010	2010	NUM
taxlaw-2799	56	5	)	)	PUNCT
taxlaw-2799	56	6	,	,	PUNCT
taxlaw-2799	56	7	available	available	ADJ
taxlaw-2799	56	8	at	at	ADP
taxlaw-2799	56	9	http://tinyurl.com/otcregulation	http://tinyurl.com/otcregulation	PROPN
taxlaw-2799	56	10	.	.	PUNCT
taxlaw-2799	57	1	all	all	DET
taxlaw-2799	57	2	citations	citation	NOUN
taxlaw-2799	57	3	to	to	ADP
taxlaw-2799	57	4	sections	section	NOUN
taxlaw-2799	57	5	are	be	AUX
taxlaw-2799	57	6	to	to	ADP
taxlaw-2799	57	7	the	the	DET
taxlaw-2799	57	8	internal	internal	ADJ
taxlaw-2799	57	9	revenue	revenue	NOUN
taxlaw-2799	57	10	code	code	NOUN
taxlaw-2799	57	11	of	of	ADP
taxlaw-2799	57	12	1986	1986	NUM
taxlaw-2799	57	13	,	,	PUNCT
taxlaw-2799	57	14	as	as	SCONJ
taxlaw-2799	57	15	amended	amend	VERB
taxlaw-2799	57	16	(	(	PUNCT
taxlaw-2799	57	17	the	the	DET
taxlaw-2799	57	18	“	"	PUNCT
taxlaw-2799	57	19	code	code	NOUN
taxlaw-2799	57	20	”	"	PUNCT
taxlaw-2799	57	21	)	)	PUNCT
taxlaw-2799	57	22	,	,	PUNCT
taxlaw-2799	57	23	or	or	CCONJ
taxlaw-2799	57	24	to	to	ADP
taxlaw-2799	57	25	the	the	DET
taxlaw-2799	57	26	treasury	treasury	PROPN
taxlaw-2799	57	27	regulations	regulation	NOUN
taxlaw-2799	57	28	promulgated	promulgate	VERB
taxlaw-2799	57	29	thereunder	thereunder	ADV
taxlaw-2799	57	30	,	,	PUNCT
taxlaw-2799	57	31	other	other	ADJ
taxlaw-2799	57	32	than	than	ADP
taxlaw-2799	57	33	references	reference	NOUN
taxlaw-2799	57	34	to	to	ADP
taxlaw-2799	57	35	sections	section	NOUN
taxlaw-2799	57	36	of	of	ADP
taxlaw-2799	57	37	dodd	dodd	PROPN
taxlaw-2799	57	38	-	-	PUNCT
taxlaw-2799	57	39	frank	frank	PROPN
taxlaw-2799	57	40	or	or	CCONJ
taxlaw-2799	57	41	to	to	ADP
taxlaw-2799	57	42	sections	section	NOUN
taxlaw-2799	57	43	of	of	ADP
taxlaw-2799	57	44	this	this	DET
taxlaw-2799	57	45	article	article	NOUN
taxlaw-2799	57	46	.	.	PUNCT
taxlaw-2799	58	1	2011	2011	NUM
taxlaw-2799	58	2	]	]	PUNCT
taxlaw-2799	58	3	ew	ew	AUX
taxlaw-2799	58	4	tax	tax	NOUN
taxlaw-2799	58	5	issues	issue	NOUN
taxlaw-2799	58	6	arisi	arisi	VERB
taxlaw-2799	58	7	g	g	PROPN
taxlaw-2799	58	8	from	from	ADP
taxlaw-2799	58	9	the	the	DET
taxlaw-2799	58	10	dodd	dodd	NOUN
taxlaw-2799	58	11	-	-	PUNCT
taxlaw-2799	58	12	fra	fra	PROPN
taxlaw-2799	58	13	k	k	PROPN
taxlaw-2799	58	14	act	act	PROPN
taxlaw-2799	58	15	3	3	NUM
taxlaw-2799	58	16	as	as	SCONJ
taxlaw-2799	58	17	discussed	discuss	VERB
taxlaw-2799	58	18	in	in	ADP
taxlaw-2799	58	19	more	more	ADJ
taxlaw-2799	58	20	detail	detail	NOUN
taxlaw-2799	58	21	in	in	ADP
taxlaw-2799	58	22	section	section	NOUN
taxlaw-2799	58	23	ii.b	ii.b	PROPN
taxlaw-2799	58	24	,	,	PUNCT
taxlaw-2799	58	25	below	below	ADV
taxlaw-2799	58	26	,	,	PUNCT
taxlaw-2799	58	27	dodd	dodd	PROPN
taxlaw-2799	58	28	-	-	PUNCT
taxlaw-2799	58	29	frank	frank	PROPN
taxlaw-2799	58	30	requires	require	VERB
taxlaw-2799	58	31	that	that	SCONJ
taxlaw-2799	58	32	most	most	ADJ
taxlaw-2799	58	33	over	over	ADP
taxlaw-2799	58	34	-	-	PUNCT
taxlaw-2799	58	35	the	the	DET
taxlaw-2799	58	36	-	-	PUNCT
taxlaw-2799	58	37	counter	counter	NOUN
taxlaw-2799	58	38	(	(	PUNCT
taxlaw-2799	58	39	“	"	PUNCT
taxlaw-2799	58	40	otc	otc	PROPN
taxlaw-2799	58	41	”	"	PUNCT
taxlaw-2799	58	42	)	)	PUNCT
taxlaw-2799	58	43	derivatives	derivative	NOUN
taxlaw-2799	58	44	,	,	PUNCT
taxlaw-2799	58	45	colloquially	colloquially	ADV
taxlaw-2799	58	46	referred	refer	VERB
taxlaw-2799	58	47	to	to	ADP
taxlaw-2799	58	48	as	as	ADP
taxlaw-2799	58	49	swaps	swap	NOUN
taxlaw-2799	58	50	,	,	PUNCT
taxlaw-2799	58	51	be	be	AUX
taxlaw-2799	58	52	cleared	clear	VERB
taxlaw-2799	58	53	through	through	ADP
taxlaw-2799	58	54	a	a	DET
taxlaw-2799	58	55	regulated	regulated	ADJ
taxlaw-2799	58	56	central	central	ADJ
taxlaw-2799	58	57	counterparty	counterparty	NOUN
taxlaw-2799	58	58	(	(	PUNCT
taxlaw-2799	58	59	a	a	DET
taxlaw-2799	58	60	“	"	PUNCT
taxlaw-2799	58	61	clearinghouse	clearinghouse	NOUN
taxlaw-2799	58	62	”	"	PUNCT
taxlaw-2799	58	63	)	)	PUNCT
taxlaw-2799	58	64	and	and	CCONJ
taxlaw-2799	58	65	traded	trade	VERB
taxlaw-2799	58	66	on	on	ADP
taxlaw-2799	58	67	a	a	DET
taxlaw-2799	58	68	regulated	regulated	ADJ
taxlaw-2799	58	69	exchange	exchange	NOUN
taxlaw-2799	58	70	.	.	PUNCT
taxlaw-2799	59	1	historically	historically	ADV
taxlaw-2799	59	2	,	,	PUNCT
taxlaw-2799	59	3	otc	otc	PROPN
taxlaw-2799	59	4	derivatives	derivative	NOUN
taxlaw-2799	59	5	generally	generally	ADV
taxlaw-2799	59	6	have	have	AUX
taxlaw-2799	59	7	been	be	AUX
taxlaw-2799	59	8	taxed	tax	VERB
taxlaw-2799	59	9	under	under	ADP
taxlaw-2799	59	10	the	the	DET
taxlaw-2799	59	11	conventional	conventional	ADJ
taxlaw-2799	59	12	realization	realization	NOUN
taxlaw-2799	59	13	method	method	NOUN
taxlaw-2799	59	14	of	of	ADP
taxlaw-2799	59	15	accounting	accounting	NOUN
taxlaw-2799	59	16	used	use	VERB
taxlaw-2799	59	17	for	for	ADP
taxlaw-2799	59	18	stocks	stock	NOUN
taxlaw-2799	59	19	,	,	PUNCT
taxlaw-2799	59	20	bonds	bond	NOUN
taxlaw-2799	59	21	and	and	CCONJ
taxlaw-2799	59	22	other	other	ADJ
taxlaw-2799	59	23	securities	security	NOUN
taxlaw-2799	59	24	,	,	PUNCT
taxlaw-2799	59	25	while	while	SCONJ
taxlaw-2799	59	26	exchange	exchange	NOUN
taxlaw-2799	59	27	-	-	PUNCT
taxlaw-2799	59	28	traded	trade	VERB
taxlaw-2799	59	29	derivatives	derivative	NOUN
taxlaw-2799	59	30	generally	generally	ADV
taxlaw-2799	59	31	have	have	AUX
taxlaw-2799	59	32	been	be	AUX
taxlaw-2799	59	33	taxed	tax	VERB
taxlaw-2799	59	34	under	under	ADP
taxlaw-2799	59	35	the	the	DET
taxlaw-2799	59	36	special	special	ADJ
taxlaw-2799	59	37	rules	rule	NOUN
taxlaw-2799	59	38	of	of	ADP
taxlaw-2799	59	39	§	§	PROPN
taxlaw-2799	59	40	1256	1256	NUM
taxlaw-2799	59	41	.	.	PUNCT
taxlaw-2799	60	1	section	section	NOUN
taxlaw-2799	60	2	1256	1256	NUM
taxlaw-2799	60	3	generally	generally	ADV
taxlaw-2799	60	4	requires	require	VERB
taxlaw-2799	60	5	that	that	SCONJ
taxlaw-2799	60	6	contracts	contract	NOUN
taxlaw-2799	60	7	within	within	ADP
taxlaw-2799	60	8	its	its	PRON
taxlaw-2799	60	9	scope	scope	NOUN
taxlaw-2799	60	10	be	be	AUX
taxlaw-2799	60	11	marked	mark	VERB
taxlaw-2799	60	12	-	-	PUNCT
taxlaw-2799	60	13	to	to	ADP
taxlaw-2799	60	14	-	-	PUNCT
taxlaw-2799	60	15	market	market	NOUN
taxlaw-2799	60	16	on	on	ADP
taxlaw-2799	60	17	an	an	DET
taxlaw-2799	60	18	annual	annual	ADJ
taxlaw-2799	60	19	basis	basis	NOUN
taxlaw-2799	60	20	,	,	PUNCT
taxlaw-2799	60	21	and	and	CCONJ
taxlaw-2799	60	22	provides	provide	VERB
taxlaw-2799	60	23	that	that	DET
taxlaw-2799	60	24	gain	gain	NOUN
taxlaw-2799	60	25	or	or	CCONJ
taxlaw-2799	60	26	loss	loss	NOUN
taxlaw-2799	60	27	from	from	ADP
taxlaw-2799	60	28	such	such	ADJ
taxlaw-2799	60	29	contracts	contract	NOUN
taxlaw-2799	60	30	is	be	AUX
taxlaw-2799	60	31	capital	capital	NOUN
taxlaw-2799	60	32	gain	gain	NOUN
taxlaw-2799	60	33	or	or	CCONJ
taxlaw-2799	60	34	loss	loss	NOUN
taxlaw-2799	60	35	with	with	ADP
taxlaw-2799	60	36	a	a	DET
taxlaw-2799	60	37	60	60	NUM
taxlaw-2799	60	38	%	%	NOUN
taxlaw-2799	60	39	long	long	ADJ
taxlaw-2799	60	40	-	-	PUNCT
taxlaw-2799	60	41	term	term	NOUN
taxlaw-2799	60	42	and	and	CCONJ
taxlaw-2799	60	43	40	40	NUM
taxlaw-2799	60	44	%	%	NOUN
taxlaw-2799	60	45	short	short	ADJ
taxlaw-2799	60	46	-	-	PUNCT
taxlaw-2799	60	47	term	term	NOUN
taxlaw-2799	60	48	holding	hold	VERB
taxlaw-2799	60	49	period	period	NOUN
taxlaw-2799	60	50	.	.	PUNCT
taxlaw-2799	61	1	the	the	DET
taxlaw-2799	61	2	most	most	ADV
taxlaw-2799	61	3	obvious	obvious	ADJ
taxlaw-2799	61	4	tax	tax	NOUN
taxlaw-2799	61	5	question	question	NOUN
taxlaw-2799	61	6	raised	raise	VERB
taxlaw-2799	61	7	by	by	ADP
taxlaw-2799	61	8	dodd	dodd	PROPN
taxlaw-2799	61	9	-	-	PUNCT
taxlaw-2799	61	10	frank	frank	PROPN
taxlaw-2799	61	11	,	,	PUNCT
taxlaw-2799	61	12	therefore	therefore	ADV
taxlaw-2799	61	13	,	,	PUNCT
taxlaw-2799	61	14	is	be	AUX
taxlaw-2799	61	15	whether	whether	SCONJ
taxlaw-2799	61	16	the	the	DET
taxlaw-2799	61	17	migration	migration	NOUN
taxlaw-2799	61	18	of	of	ADP
taxlaw-2799	61	19	otc	otc	PROPN
taxlaw-2799	61	20	derivatives	derivative	NOUN
taxlaw-2799	61	21	onto	onto	ADP
taxlaw-2799	61	22	exchanges	exchange	NOUN
taxlaw-2799	61	23	will	will	AUX
taxlaw-2799	61	24	cause	cause	VERB
taxlaw-2799	61	25	them	they	PRON
taxlaw-2799	61	26	to	to	PART
taxlaw-2799	61	27	become	become	VERB
taxlaw-2799	61	28	subject	subject	ADJ
taxlaw-2799	61	29	to	to	ADP
taxlaw-2799	61	30	§	§	PROPN
taxlaw-2799	61	31	1256	1256	NUM
taxlaw-2799	61	32	.	.	PUNCT
taxlaw-2799	62	1	at	at	ADP
taxlaw-2799	62	2	the	the	DET
taxlaw-2799	62	3	very	very	ADV
taxlaw-2799	62	4	last	last	ADJ
taxlaw-2799	62	5	hour	hour	NOUN
taxlaw-2799	62	6	of	of	ADP
taxlaw-2799	62	7	dodd	dodd	PROPN
taxlaw-2799	62	8	-	-	PUNCT
taxlaw-2799	62	9	frank	frank	PROPN
taxlaw-2799	62	10	’s	’s	PART
taxlaw-2799	62	11	marathon	marathon	ADJ
taxlaw-2799	62	12	progress	progress	NOUN
taxlaw-2799	62	13	through	through	ADP
taxlaw-2799	62	14	congress	congress	PROPN
taxlaw-2799	62	15	,	,	PUNCT
taxlaw-2799	62	16	this	this	DET
taxlaw-2799	62	17	issue	issue	NOUN
taxlaw-2799	62	18	was	be	AUX
taxlaw-2799	62	19	partially	partially	ADV
taxlaw-2799	62	20	addressed	address	VERB
taxlaw-2799	62	21	through	through	ADP
taxlaw-2799	62	22	the	the	DET
taxlaw-2799	62	23	adoption	adoption	NOUN
taxlaw-2799	62	24	of	of	ADP
taxlaw-2799	62	25	an	an	DET
taxlaw-2799	62	26	amendment	amendment	NOUN
taxlaw-2799	62	27	to	to	ADP
taxlaw-2799	62	28	§	§	PROPN
taxlaw-2799	62	29	1256	1256	NUM
taxlaw-2799	62	30	that	that	PRON
taxlaw-2799	62	31	clarifies	clarify	VERB
taxlaw-2799	62	32	that	that	SCONJ
taxlaw-2799	62	33	certain	certain	ADJ
taxlaw-2799	62	34	types	type	NOUN
taxlaw-2799	62	35	of	of	ADP
taxlaw-2799	62	36	otc	otc	PROPN
taxlaw-2799	62	37	swaps	swap	NOUN
taxlaw-2799	62	38	will	will	AUX
taxlaw-2799	62	39	not	not	PART
taxlaw-2799	62	40	become	become	VERB
taxlaw-2799	62	41	subject	subject	ADJ
taxlaw-2799	62	42	to	to	ADP
taxlaw-2799	62	43	§	§	PROPN
taxlaw-2799	62	44	1256	1256	NUM
taxlaw-2799	62	45	.	.	PUNCT
taxlaw-2799	63	1	notwithstanding	notwithstanding	ADP
taxlaw-2799	63	2	this	this	DET
taxlaw-2799	63	3	amendment	amendment	NOUN
taxlaw-2799	63	4	,	,	PUNCT
taxlaw-2799	63	5	many	many	ADJ
taxlaw-2799	63	6	questions	question	NOUN
taxlaw-2799	63	7	remain	remain	VERB
taxlaw-2799	63	8	,	,	PUNCT
taxlaw-2799	63	9	as	as	SCONJ
taxlaw-2799	63	10	the	the	DET
taxlaw-2799	63	11	scope	scope	NOUN
taxlaw-2799	63	12	of	of	ADP
taxlaw-2799	63	13	the	the	DET
taxlaw-2799	63	14	amendment	amendment	NOUN
taxlaw-2799	63	15	is	be	AUX
taxlaw-2799	63	16	not	not	PART
taxlaw-2799	63	17	clear	clear	ADJ
taxlaw-2799	63	18	.	.	PUNCT
taxlaw-2799	64	1	in	in	ADP
taxlaw-2799	64	2	addition	addition	NOUN
taxlaw-2799	64	3	,	,	PUNCT
taxlaw-2799	64	4	decisions	decision	NOUN
taxlaw-2799	64	5	still	still	ADV
taxlaw-2799	64	6	to	to	PART
taxlaw-2799	64	7	be	be	AUX
taxlaw-2799	64	8	made	make	VERB
taxlaw-2799	64	9	by	by	ADP
taxlaw-2799	64	10	regulators	regulator	NOUN
taxlaw-2799	64	11	and	and	CCONJ
taxlaw-2799	64	12	the	the	DET
taxlaw-2799	64	13	market	market	NOUN
taxlaw-2799	64	14	as	as	ADP
taxlaw-2799	64	15	to	to	ADP
taxlaw-2799	64	16	how	how	SCONJ
taxlaw-2799	64	17	derivatives	derivative	NOUN
taxlaw-2799	64	18	will	will	AUX
taxlaw-2799	64	19	be	be	AUX
taxlaw-2799	64	20	traded	trade	VERB
taxlaw-2799	64	21	are	be	AUX
taxlaw-2799	64	22	likely	likely	ADJ
taxlaw-2799	64	23	to	to	PART
taxlaw-2799	64	24	affect	affect	VERB
taxlaw-2799	64	25	the	the	DET
taxlaw-2799	64	26	impact	impact	NOUN
taxlaw-2799	64	27	of	of	ADP
taxlaw-2799	64	28	the	the	DET
taxlaw-2799	64	29	amendment	amendment	NOUN
taxlaw-2799	64	30	.	.	PUNCT
taxlaw-2799	65	1	factors	factor	NOUN
taxlaw-2799	65	2	that	that	PRON
taxlaw-2799	65	3	may	may	AUX
taxlaw-2799	65	4	be	be	AUX
taxlaw-2799	65	5	relevant	relevant	ADJ
taxlaw-2799	65	6	include	include	NOUN
taxlaw-2799	65	7	(	(	PUNCT
taxlaw-2799	65	8	i	i	NOUN
taxlaw-2799	65	9	)	)	PUNCT
taxlaw-2799	65	10	which	which	DET
taxlaw-2799	65	11	swaps	swap	NOUN
taxlaw-2799	65	12	will	will	AUX
taxlaw-2799	65	13	migrate	migrate	VERB
taxlaw-2799	65	14	onto	onto	ADP
taxlaw-2799	65	15	exchanges	exchange	NOUN
taxlaw-2799	65	16	when	when	SCONJ
taxlaw-2799	65	17	;	;	PUNCT
taxlaw-2799	65	18	(	(	PUNCT
taxlaw-2799	65	19	ii	ii	NOUN
taxlaw-2799	65	20	)	)	PUNCT
taxlaw-2799	65	21	the	the	DET
taxlaw-2799	65	22	effect	effect	NOUN
taxlaw-2799	65	23	of	of	ADP
taxlaw-2799	65	24	what	what	PRON
taxlaw-2799	65	25	appears	appear	VERB
taxlaw-2799	65	26	to	to	PART
taxlaw-2799	65	27	be	be	AUX
taxlaw-2799	65	28	a	a	DET
taxlaw-2799	65	29	forthcoming	forthcoming	ADJ
taxlaw-2799	65	30	wider	wide	ADJ
taxlaw-2799	65	31	range	range	NOUN
taxlaw-2799	65	32	of	of	ADP
taxlaw-2799	65	33	products	product	NOUN
taxlaw-2799	65	34	offered	offer	VERB
taxlaw-2799	65	35	by	by	ADP
taxlaw-2799	65	36	exchanges	exchange	NOUN
taxlaw-2799	65	37	that	that	PRON
taxlaw-2799	65	38	constitute	constitute	VERB
taxlaw-2799	65	39	“	"	PUNCT
taxlaw-2799	65	40	futures	future	NOUN
taxlaw-2799	65	41	contracts	contract	NOUN
taxlaw-2799	65	42	”	"	PUNCT
taxlaw-2799	65	43	that	that	PRON
taxlaw-2799	65	44	may	may	AUX
taxlaw-2799	65	45	compete	compete	VERB
taxlaw-2799	65	46	with	with	ADP
taxlaw-2799	65	47	swaps	swap	NOUN
taxlaw-2799	65	48	;	;	PUNCT
taxlaw-2799	65	49	(	(	PUNCT
taxlaw-2799	65	50	iii	iii	X
taxlaw-2799	65	51	)	)	PUNCT
taxlaw-2799	65	52	whether	whether	SCONJ
taxlaw-2799	65	53	swaps	swap	NOUN
taxlaw-2799	65	54	will	will	AUX
taxlaw-2799	65	55	be	be	AUX
taxlaw-2799	65	56	traded	trade	VERB
taxlaw-2799	65	57	on	on	ADP
taxlaw-2799	65	58	traditional	traditional	ADJ
taxlaw-2799	65	59	securities	security	NOUN
taxlaw-2799	65	60	and	and	CCONJ
taxlaw-2799	65	61	commodities	commodity	NOUN
taxlaw-2799	65	62	exchanges	exchange	NOUN
taxlaw-2799	65	63	or	or	CCONJ
taxlaw-2799	65	64	instead	instead	ADV
taxlaw-2799	65	65	on	on	ADP
taxlaw-2799	65	66	“	"	PUNCT
taxlaw-2799	65	67	swap	swap	ADJ
taxlaw-2799	65	68	execution	execution	NOUN
taxlaw-2799	65	69	facilities	facility	NOUN
taxlaw-2799	65	70	,	,	PUNCT
taxlaw-2799	65	71	”	"	PUNCT
taxlaw-2799	65	72	a	a	DET
taxlaw-2799	65	73	new	new	ADJ
taxlaw-2799	65	74	type	type	NOUN
taxlaw-2799	65	75	of	of	ADP
taxlaw-2799	65	76	exchange	exchange	NOUN
taxlaw-2799	65	77	created	create	VERB
taxlaw-2799	65	78	by	by	ADP
taxlaw-2799	65	79	dodd	dodd	PROPN
taxlaw-2799	65	80	-	-	PUNCT
taxlaw-2799	65	81	frank	frank	PROPN
taxlaw-2799	65	82	;	;	PUNCT
taxlaw-2799	65	83	(	(	PUNCT
taxlaw-2799	65	84	iv	iv	X
taxlaw-2799	65	85	)	)	PUNCT
taxlaw-2799	65	86	whether	whether	SCONJ
taxlaw-2799	65	87	end	end	NOUN
taxlaw-2799	65	88	-	-	PUNCT
taxlaw-2799	65	89	users	user	NOUN
taxlaw-2799	65	90	will	will	AUX
taxlaw-2799	65	91	choose	choose	VERB
taxlaw-2799	65	92	to	to	PART
taxlaw-2799	65	93	clear	clear	VERB
taxlaw-2799	65	94	the	the	DET
taxlaw-2799	65	95	swaps	swap	NOUN
taxlaw-2799	65	96	they	they	PRON
taxlaw-2799	65	97	enter	enter	VERB
taxlaw-2799	65	98	into	into	ADP
taxlaw-2799	65	99	;	;	PUNCT
taxlaw-2799	65	100	and	and	CCONJ
taxlaw-2799	65	101	(	(	PUNCT
taxlaw-2799	65	102	v	v	NOUN
taxlaw-2799	65	103	)	)	PUNCT
taxlaw-2799	65	104	where	where	SCONJ
taxlaw-2799	65	105	the	the	DET
taxlaw-2799	65	106	line	line	NOUN
taxlaw-2799	65	107	between	between	ADP
taxlaw-2799	65	108	“	"	PUNCT
taxlaw-2799	65	109	bespoke	bespoke	NOUN
taxlaw-2799	65	110	”	"	PUNCT
taxlaw-2799	65	111	swaps	swap	NOUN
taxlaw-2799	65	112	not	not	PART
taxlaw-2799	65	113	required	require	VERB
taxlaw-2799	65	114	to	to	PART
taxlaw-2799	65	115	be	be	AUX
taxlaw-2799	65	116	centrally	centrally	ADV
taxlaw-2799	65	117	cleared	clear	VERB
taxlaw-2799	65	118	and	and	CCONJ
taxlaw-2799	65	119	traded	trade	VERB
taxlaw-2799	65	120	and	and	CCONJ
taxlaw-2799	65	121	standardized	standardized	ADJ
taxlaw-2799	65	122	swaps	swap	NOUN
taxlaw-2799	65	123	subject	subject	ADJ
taxlaw-2799	65	124	to	to	ADP
taxlaw-2799	65	125	those	those	DET
taxlaw-2799	65	126	requirements	requirement	NOUN
taxlaw-2799	65	127	will	will	AUX
taxlaw-2799	65	128	be	be	AUX
taxlaw-2799	65	129	drawn	draw	VERB
taxlaw-2799	65	130	.	.	PUNCT
taxlaw-2799	66	1	those	those	DET
taxlaw-2799	66	2	issues	issue	NOUN
taxlaw-2799	66	3	generally	generally	ADV
taxlaw-2799	66	4	are	be	AUX
taxlaw-2799	66	5	outside	outside	ADP
taxlaw-2799	66	6	the	the	DET
taxlaw-2799	66	7	scope	scope	NOUN
taxlaw-2799	66	8	of	of	ADP
taxlaw-2799	66	9	this	this	DET
taxlaw-2799	66	10	article	article	NOUN
taxlaw-2799	66	11	,	,	PUNCT
taxlaw-2799	66	12	but	but	CCONJ
taxlaw-2799	66	13	they	they	PRON
taxlaw-2799	66	14	are	be	AUX
taxlaw-2799	66	15	briefly	briefly	ADV
taxlaw-2799	66	16	adverted	advert	VERB
taxlaw-2799	66	17	to	to	ADP
taxlaw-2799	66	18	in	in	ADP
taxlaw-2799	66	19	connection	connection	NOUN
taxlaw-2799	66	20	with	with	ADP
taxlaw-2799	66	21	a	a	DET
taxlaw-2799	66	22	discussion	discussion	NOUN
taxlaw-2799	66	23	of	of	ADP
taxlaw-2799	66	24	possible	possible	ADJ
taxlaw-2799	66	25	guidance	guidance	NOUN
taxlaw-2799	66	26	on	on	ADP
taxlaw-2799	66	27	the	the	DET
taxlaw-2799	66	28	scope	scope	NOUN
taxlaw-2799	66	29	of	of	ADP
taxlaw-2799	66	30	the	the	DET
taxlaw-2799	66	31	§	§	PROPN
taxlaw-2799	66	32	1256	1256	NUM
taxlaw-2799	66	33	amendment	amendment	NOUN
taxlaw-2799	66	34	.	.	PUNCT
taxlaw-2799	67	1	this	this	DET
taxlaw-2799	67	2	article	article	NOUN
taxlaw-2799	67	3	discusses	discuss	VERB
taxlaw-2799	67	4	a	a	DET
taxlaw-2799	67	5	range	range	NOUN
taxlaw-2799	67	6	of	of	ADP
taxlaw-2799	67	7	possible	possible	ADJ
taxlaw-2799	67	8	interpretations	interpretation	NOUN
taxlaw-2799	67	9	of	of	ADP
taxlaw-2799	67	10	the	the	DET
taxlaw-2799	67	11	dodd	dodd	PROPN
taxlaw-2799	67	12	-	-	PUNCT
taxlaw-2799	67	13	frank	frank	PROPN
taxlaw-2799	67	14	amendment	amendment	NOUN
taxlaw-2799	67	15	to	to	ADP
taxlaw-2799	67	16	§	§	PROPN
taxlaw-2799	67	17	1256	1256	NUM
taxlaw-2799	67	18	,	,	PUNCT
taxlaw-2799	67	19	and	and	CCONJ
taxlaw-2799	67	20	argues	argue	VERB
taxlaw-2799	67	21	in	in	ADP
taxlaw-2799	67	22	favor	favor	NOUN
taxlaw-2799	67	23	of	of	ADP
taxlaw-2799	67	24	an	an	DET
taxlaw-2799	67	25	interpretation	interpretation	NOUN
taxlaw-2799	67	26	that	that	SCONJ
taxlaw-2799	67	27	the	the	DET
taxlaw-2799	67	28	amendment	amendment	NOUN
taxlaw-2799	67	29	covers	cover	VERB
taxlaw-2799	67	30	all	all	DET
taxlaw-2799	67	31	notional	notional	ADJ
taxlaw-2799	67	32	principal	principal	ADJ
taxlaw-2799	67	33	contracts	contract	NOUN
taxlaw-2799	67	34	and	and	CCONJ
taxlaw-2799	67	35	possibly	possibly	ADV
taxlaw-2799	67	36	certain	certain	ADJ
taxlaw-2799	67	37	closely	closely	ADV
taxlaw-2799	67	38	related	relate	VERB
taxlaw-2799	67	39	contracts	contract	NOUN
taxlaw-2799	67	40	.	.	PUNCT
taxlaw-2799	68	1	the	the	DET
taxlaw-2799	68	2	article	article	NOUN
taxlaw-2799	68	3	also	also	ADV
taxlaw-2799	68	4	urges	urge	VERB
taxlaw-2799	68	5	that	that	SCONJ
taxlaw-2799	68	6	the	the	DET
taxlaw-2799	68	7	treasury	treasury	PROPN
taxlaw-2799	68	8	department	department	PROPN
taxlaw-2799	68	9	and	and	CCONJ
taxlaw-2799	68	10	internal	internal	ADJ
taxlaw-2799	68	11	revenue	revenue	NOUN
taxlaw-2799	68	12	service	service	NOUN
taxlaw-2799	68	13	(	(	PUNCT
taxlaw-2799	68	14	“	"	PUNCT
taxlaw-2799	68	15	treasury	treasury	NOUN
taxlaw-2799	68	16	”	"	PUNCT
taxlaw-2799	68	17	and	and	CCONJ
taxlaw-2799	68	18	“	"	PUNCT
taxlaw-2799	68	19	the	the	DET
taxlaw-2799	68	20	service	service	NOUN
taxlaw-2799	68	21	,	,	PUNCT
taxlaw-2799	68	22	”	"	PUNCT
taxlaw-2799	68	23	respectively	respectively	ADV
taxlaw-2799	68	24	)	)	PUNCT
taxlaw-2799	68	25	provide	provide	VERB
taxlaw-2799	68	26	prompt	prompt	ADJ
taxlaw-2799	68	27	guidance	guidance	NOUN
taxlaw-2799	68	28	on	on	ADP
taxlaw-2799	68	29	this	this	DET
taxlaw-2799	68	30	issue	issue	NOUN
taxlaw-2799	68	31	,	,	PUNCT
taxlaw-2799	68	32	because	because	SCONJ
taxlaw-2799	68	33	the	the	DET
taxlaw-2799	68	34	scope	scope	NOUN
taxlaw-2799	68	35	of	of	ADP
taxlaw-2799	68	36	the	the	DET
taxlaw-2799	68	37	amendment	amendment	NOUN
taxlaw-2799	68	38	affects	affect	VERB
taxlaw-2799	68	39	not	not	PART
taxlaw-2799	68	40	only	only	ADV
taxlaw-2799	68	41	otc	otc	PROPN
taxlaw-2799	68	42	derivatives	derivative	NOUN
taxlaw-2799	68	43	that	that	PRON
taxlaw-2799	68	44	migrate	migrate	VERB
taxlaw-2799	68	45	in	in	ADP
taxlaw-2799	68	46	the	the	DET
taxlaw-2799	68	47	future	future	NOUN
taxlaw-2799	68	48	to	to	ADP
taxlaw-2799	68	49	regulated	regulated	ADJ
taxlaw-2799	68	50	clearing	clearing	NOUN
taxlaw-2799	68	51	and	and	CCONJ
taxlaw-2799	68	52	trading	trading	NOUN
taxlaw-2799	68	53	,	,	PUNCT
taxlaw-2799	68	54	but	but	CCONJ
taxlaw-2799	68	55	potentially	potentially	ADV
taxlaw-2799	68	56	also	also	ADV
taxlaw-2799	68	57	certain	certain	ADJ
taxlaw-2799	68	58	kinds	kind	NOUN
taxlaw-2799	68	59	of	of	ADP
taxlaw-2799	68	60	swaps	swap	NOUN
taxlaw-2799	68	61	that	that	PRON
taxlaw-2799	68	62	were	be	AUX
taxlaw-2799	68	63	being	be	AUX
taxlaw-2799	68	64	cleared	clear	VERB
taxlaw-2799	68	65	by	by	ADP
taxlaw-2799	68	66	a	a	DET
taxlaw-2799	68	67	central	central	ADJ
taxlaw-2799	68	68	counterparty	counterparty	NOUN
taxlaw-2799	68	69	prior	prior	ADV
taxlaw-2799	68	70	to	to	ADP
taxlaw-2799	68	71	dodd	dodd	PROPN
taxlaw-2799	68	72	-	-	PUNCT
taxlaw-2799	68	73	frank.2	frank.2	PROPN
taxlaw-2799	68	74	2	2	NUM
taxlaw-2799	68	75	the	the	DET
taxlaw-2799	68	76	current	current	ADJ
taxlaw-2799	68	77	treasury	treasury	PROPN
taxlaw-2799	68	78	/	/	SYM
taxlaw-2799	68	79	irs	irs	PROPN
taxlaw-2799	68	80	“	"	PUNCT
taxlaw-2799	68	81	business	business	NOUN
taxlaw-2799	68	82	plan	plan	NOUN
taxlaw-2799	68	83	”	"	PUNCT
taxlaw-2799	68	84	for	for	ADP
taxlaw-2799	68	85	the	the	DET
taxlaw-2799	68	86	2010	2010	NUM
taxlaw-2799	68	87	-	-	SYM
taxlaw-2799	68	88	2011	2011	NUM
taxlaw-2799	68	89	year	year	NOUN
taxlaw-2799	68	90	includes	include	VERB
taxlaw-2799	68	91	an	an	DET
taxlaw-2799	68	92	item	item	NOUN
taxlaw-2799	68	93	described	describe	VERB
taxlaw-2799	68	94	as	as	ADP
taxlaw-2799	68	95	“	"	PUNCT
taxlaw-2799	68	96	guidance	guidance	NOUN
taxlaw-2799	68	97	on	on	ADP
taxlaw-2799	68	98	the	the	DET
taxlaw-2799	68	99	application	application	NOUN
taxlaw-2799	68	100	of	of	ADP
taxlaw-2799	68	101	§	§	PROPN
taxlaw-2799	68	102	1256	1256	NUM
taxlaw-2799	68	103	to	to	ADP
taxlaw-2799	68	104	certain	certain	ADJ
taxlaw-2799	68	105	derivative	derivative	ADJ
taxlaw-2799	68	106	contracts	contract	NOUN
taxlaw-2799	68	107	.	.	PUNCT
taxlaw-2799	68	108	”	"	PUNCT
taxlaw-2799	69	1	department	department	NOUN
taxlaw-2799	69	2	of	of	ADP
taxlaw-2799	69	3	the	the	DET
taxlaw-2799	69	4	treasury	treasury	NOUN
taxlaw-2799	69	5	,	,	PUNCT
taxlaw-2799	69	6	office	office	NOUN
taxlaw-2799	69	7	of	of	ADP
taxlaw-2799	69	8	tax	tax	NOUN
taxlaw-2799	69	9	policy	policy	NOUN
taxlaw-2799	69	10	,	,	PUNCT
taxlaw-2799	69	11	and	and	CCONJ
taxlaw-2799	69	12	internal	internal	ADJ
taxlaw-2799	69	13	revenue	revenue	NOUN
taxlaw-2799	69	14	service	service	NOUN
taxlaw-2799	69	15	,	,	PUNCT
taxlaw-2799	69	16	2010	2010	NUM
taxlaw-2799	69	17	-	-	SYM
taxlaw-2799	69	18	2011	2011	NUM
taxlaw-2799	69	19	priority	priority	NOUN
taxlaw-2799	69	20	guidance	guidance	NOUN
taxlaw-2799	69	21	plan	plan	NOUN
taxlaw-2799	69	22	(	(	PUNCT
taxlaw-2799	69	23	dec	dec	PROPN
taxlaw-2799	69	24	.	.	PROPN
taxlaw-2799	69	25	7	7	NUM
taxlaw-2799	69	26	,	,	PUNCT
taxlaw-2799	69	27	2010	2010	NUM
taxlaw-2799	69	28	)	)	PUNCT
taxlaw-2799	69	29	,	,	PUNCT
taxlaw-2799	69	30	available	available	ADJ
taxlaw-2799	69	31	at	at	ADP
taxlaw-2799	69	32	http://www.irs.gov/pub/irs-utl/20102011_pgp.pdf	http://www.irs.gov/pub/irs-utl/20102011_pgp.pdf	NOUN
taxlaw-2799	69	33	.	.	PUNCT
taxlaw-2799	70	1	comments	comment	NOUN
taxlaw-2799	70	2	by	by	ADP
taxlaw-2799	70	3	government	government	NOUN
taxlaw-2799	70	4	officials	official	NOUN
taxlaw-2799	70	5	indicate	indicate	VERB
taxlaw-2799	70	6	that	that	SCONJ
taxlaw-2799	70	7	this	this	DET
taxlaw-2799	70	8	item	item	NOUN
taxlaw-2799	70	9	relates	relate	VERB
taxlaw-2799	70	10	to	to	ADP
taxlaw-2799	70	11	the	the	DET
taxlaw-2799	70	12	dodd	dodd	PROPN
taxlaw-2799	70	13	-	-	PUNCT
taxlaw-2799	70	14	frank	frank	PROPN
taxlaw-2799	70	15	amendment	amendment	PROPN
taxlaw-2799	70	16	.	.	PUNCT
taxlaw-2799	71	1	see	see	VERB
taxlaw-2799	71	2	amy	amy	PROPN
taxlaw-2799	71	3	elliott	elliott	PROPN
taxlaw-2799	71	4	,	,	PUNCT
taxlaw-2799	71	5	irs	irs	PROPN
taxlaw-2799	71	6	may	may	AUX
taxlaw-2799	71	7	restrict	restrict	VERB
taxlaw-2799	71	8	definition	definition	NOUN
taxlaw-2799	71	9	of	of	ADP
taxlaw-2799	71	10	swap	swap	NOUN
taxlaw-2799	71	11	to	to	ADP
taxlaw-2799	71	12	otional	otional	ADJ
taxlaw-2799	71	13	principal	principal	ADJ
taxlaw-2799	71	14	contracts	contract	NOUN
taxlaw-2799	71	15	(	(	PUNCT
taxlaw-2799	71	16	dec	dec	PROPN
taxlaw-2799	71	17	.	.	PROPN
taxlaw-2799	71	18	15	15	NUM
taxlaw-2799	71	19	,	,	PUNCT
taxlaw-2799	71	20	2010	2010	NUM
taxlaw-2799	71	21	)	)	PUNCT
taxlaw-2799	71	22	,	,	PUNCT
taxlaw-2799	71	23	2010	2010	NUM
taxlaw-2799	71	24	tnt	tnt	NOUN
taxlaw-2799	71	25	240	240	NUM
taxlaw-2799	71	26	-	-	SYM
taxlaw-2799	71	27	3	3	NUM
taxlaw-2799	71	28	;	;	PUNCT
taxlaw-2799	71	29	diane	diane	PROPN
taxlaw-2799	71	30	freda	freda	PROPN
taxlaw-2799	71	31	,	,	PUNCT
taxlaw-2799	71	32	irs	irs	PROPN
taxlaw-2799	71	33	may	may	AUX
taxlaw-2799	71	34	hold	hold	VERB
taxlaw-2799	71	35	to	to	ADP
taxlaw-2799	71	36	arrow	arrow	NOUN
taxlaw-2799	71	37	view	view	NOUN
taxlaw-2799	71	38	of	of	ADP
taxlaw-2799	71	39	futures	future	NOUN
taxlaw-2799	71	40	under	under	ADP
taxlaw-2799	71	41	dodd	dodd	PROPN
taxlaw-2799	71	42	-	-	PUNCT
taxlaw-2799	71	43	frank	frank	PROPN
taxlaw-2799	71	44	wall	wall	PROPN
taxlaw-2799	71	45	street	street	PROPN
taxlaw-2799	71	46	reform	reform	PROPN
taxlaw-2799	71	47	(	(	PUNCT
taxlaw-2799	71	48	dec	dec	PROPN
taxlaw-2799	71	49	.	.	PROPN
taxlaw-2799	71	50	15	15	NUM
taxlaw-2799	71	51	,	,	PUNCT
taxlaw-2799	71	52	2010	2010	NUM
taxlaw-2799	71	53	)	)	PUNCT
taxlaw-2799	71	54	,	,	PUNCT
taxlaw-2799	71	55	239	239	NUM
taxlaw-2799	71	56	dtr	dtr	NOUN
taxlaw-2799	71	57	4	4	NUM
taxlaw-2799	71	58	columbia	columbia	PROPN
taxlaw-2799	71	59	jour	jour	PROPN
taxlaw-2799	71	60	al	al	PROPN
taxlaw-2799	71	61	of	of	ADP
taxlaw-2799	71	62	tax	tax	NOUN
taxlaw-2799	71	63	law	law	NOUN
taxlaw-2799	72	1	[	[	X
taxlaw-2799	72	2	vol	vol	NOUN
taxlaw-2799	72	3	.	.	PUNCT
taxlaw-2799	72	4	2:1	2:1	NUM
taxlaw-2799	73	1	the	the	DET
taxlaw-2799	73	2	article	article	NOUN
taxlaw-2799	73	3	also	also	ADV
taxlaw-2799	73	4	suggests	suggest	VERB
taxlaw-2799	73	5	some	some	DET
taxlaw-2799	73	6	further	further	ADJ
taxlaw-2799	73	7	amendments	amendment	NOUN
taxlaw-2799	73	8	to	to	ADP
taxlaw-2799	73	9	the	the	DET
taxlaw-2799	73	10	internal	internal	ADJ
taxlaw-2799	73	11	revenue	revenue	NOUN
taxlaw-2799	73	12	code	code	NOUN
taxlaw-2799	73	13	that	that	PRON
taxlaw-2799	73	14	could	could	AUX
taxlaw-2799	73	15	alleviate	alleviate	VERB
taxlaw-2799	73	16	pressure	pressure	NOUN
taxlaw-2799	73	17	on	on	ADP
taxlaw-2799	73	18	the	the	DET
taxlaw-2799	73	19	guidance	guidance	NOUN
taxlaw-2799	73	20	process	process	NOUN
taxlaw-2799	73	21	.	.	PUNCT
taxlaw-2799	74	1	the	the	DET
taxlaw-2799	74	2	second	second	ADJ
taxlaw-2799	74	3	set	set	NOUN
taxlaw-2799	74	4	of	of	ADP
taxlaw-2799	74	5	tax	tax	NOUN
taxlaw-2799	74	6	issues	issue	NOUN
taxlaw-2799	74	7	addressed	address	VERB
taxlaw-2799	74	8	by	by	ADP
taxlaw-2799	74	9	this	this	DET
taxlaw-2799	74	10	article	article	NOUN
taxlaw-2799	74	11	are	be	AUX
taxlaw-2799	74	12	those	those	PRON
taxlaw-2799	74	13	stemming	stem	VERB
taxlaw-2799	74	14	from	from	ADP
taxlaw-2799	74	15	the	the	DET
taxlaw-2799	74	16	fact	fact	NOUN
taxlaw-2799	74	17	that	that	SCONJ
taxlaw-2799	74	18	the	the	DET
taxlaw-2799	74	19	move	move	NOUN
taxlaw-2799	74	20	towards	towards	ADP
taxlaw-2799	74	21	regulated	regulated	ADJ
taxlaw-2799	74	22	clearing	clearing	NOUN
taxlaw-2799	74	23	and	and	CCONJ
taxlaw-2799	74	24	trading	trading	NOUN
taxlaw-2799	74	25	has	have	AUX
taxlaw-2799	74	26	and	and	CCONJ
taxlaw-2799	74	27	can	can	AUX
taxlaw-2799	74	28	be	be	AUX
taxlaw-2799	74	29	expected	expect	VERB
taxlaw-2799	74	30	to	to	PART
taxlaw-2799	74	31	have	have	VERB
taxlaw-2799	74	32	the	the	DET
taxlaw-2799	74	33	effect	effect	NOUN
taxlaw-2799	74	34	of	of	ADP
taxlaw-2799	74	35	increasing	increase	VERB
taxlaw-2799	74	36	substantially	substantially	ADV
taxlaw-2799	74	37	the	the	DET
taxlaw-2799	74	38	number	number	NOUN
taxlaw-2799	74	39	of	of	ADP
taxlaw-2799	74	40	swaps	swap	NOUN
taxlaw-2799	74	41	that	that	PRON
taxlaw-2799	74	42	are	be	AUX
taxlaw-2799	74	43	entered	enter	VERB
taxlaw-2799	74	44	into	into	ADP
taxlaw-2799	74	45	,	,	PUNCT
taxlaw-2799	74	46	or	or	CCONJ
taxlaw-2799	74	47	deemed	deem	VERB
taxlaw-2799	74	48	entered	enter	VERB
taxlaw-2799	74	49	into	into	ADP
taxlaw-2799	74	50	,	,	PUNCT
taxlaw-2799	74	51	with	with	ADP
taxlaw-2799	74	52	upfront	upfront	ADJ
taxlaw-2799	74	53	payments	payment	NOUN
taxlaw-2799	74	54	.	.	PUNCT
taxlaw-2799	75	1	in	in	ADP
taxlaw-2799	75	2	the	the	DET
taxlaw-2799	75	3	otc	otc	PROPN
taxlaw-2799	75	4	markets	market	NOUN
taxlaw-2799	75	5	,	,	PUNCT
taxlaw-2799	75	6	most	most	ADJ
taxlaw-2799	75	7	swaps	swap	NOUN
taxlaw-2799	75	8	were	be	AUX
taxlaw-2799	75	9	entered	enter	VERB
taxlaw-2799	75	10	into	into	ADP
taxlaw-2799	75	11	at	at	ADP
taxlaw-2799	75	12	-	-	PUNCT
taxlaw-2799	75	13	market	market	NOUN
taxlaw-2799	75	14	–	–	PUNCT
taxlaw-2799	75	15	that	that	ADV
taxlaw-2799	75	16	is	is	ADV
taxlaw-2799	75	17	,	,	PUNCT
taxlaw-2799	75	18	with	with	ADP
taxlaw-2799	75	19	payments	payment	NOUN
taxlaw-2799	75	20	required	require	VERB
taxlaw-2799	75	21	to	to	PART
taxlaw-2799	75	22	be	be	AUX
taxlaw-2799	75	23	made	make	VERB
taxlaw-2799	75	24	at	at	ADP
taxlaw-2799	75	25	the	the	DET
taxlaw-2799	75	26	thenmarket	thenmarket	ADJ
taxlaw-2799	75	27	level	level	NOUN
taxlaw-2799	75	28	–	–	PUNCT
taxlaw-2799	75	29	so	so	SCONJ
taxlaw-2799	75	30	that	that	SCONJ
taxlaw-2799	75	31	it	it	PRON
taxlaw-2799	75	32	was	be	AUX
taxlaw-2799	75	33	relatively	relatively	ADV
taxlaw-2799	75	34	rare	rare	ADJ
taxlaw-2799	75	35	for	for	SCONJ
taxlaw-2799	75	36	a	a	DET
taxlaw-2799	75	37	swap	swap	NOUN
taxlaw-2799	75	38	to	to	PART
taxlaw-2799	75	39	have	have	VERB
taxlaw-2799	75	40	an	an	DET
taxlaw-2799	75	41	upfront	upfront	ADJ
taxlaw-2799	75	42	payment	payment	NOUN
taxlaw-2799	75	43	.	.	PUNCT
taxlaw-2799	76	1	(	(	PUNCT
taxlaw-2799	76	2	this	this	PRON
taxlaw-2799	76	3	is	be	AUX
taxlaw-2799	76	4	not	not	PART
taxlaw-2799	76	5	true	true	ADJ
taxlaw-2799	76	6	for	for	ADP
taxlaw-2799	76	7	options	option	NOUN
taxlaw-2799	76	8	,	,	PUNCT
taxlaw-2799	76	9	of	of	ADP
taxlaw-2799	76	10	course	course	NOUN
taxlaw-2799	76	11	,	,	PUNCT
taxlaw-2799	76	12	or	or	CCONJ
taxlaw-2799	76	13	for	for	ADP
taxlaw-2799	76	14	certain	certain	ADJ
taxlaw-2799	76	15	specific	specific	ADJ
taxlaw-2799	76	16	types	type	NOUN
taxlaw-2799	76	17	of	of	ADP
taxlaw-2799	76	18	swaps	swap	NOUN
taxlaw-2799	76	19	.	.	PUNCT
taxlaw-2799	76	20	)	)	PUNCT
taxlaw-2799	77	1	because	because	SCONJ
taxlaw-2799	77	2	centralized	centralized	ADJ
taxlaw-2799	77	3	clearing	clearing	NOUN
taxlaw-2799	77	4	both	both	PRON
taxlaw-2799	77	5	requires	require	VERB
taxlaw-2799	77	6	and	and	CCONJ
taxlaw-2799	77	7	encourages	encourage	VERB
taxlaw-2799	77	8	standardization	standardization	NOUN
taxlaw-2799	77	9	of	of	ADP
taxlaw-2799	77	10	terms	term	NOUN
taxlaw-2799	77	11	and	and	CCONJ
taxlaw-2799	77	12	a	a	DET
taxlaw-2799	77	13	ready	ready	ADJ
taxlaw-2799	77	14	ability	ability	NOUN
taxlaw-2799	77	15	to	to	PART
taxlaw-2799	77	16	transfer	transfer	VERB
taxlaw-2799	77	17	contracts	contract	NOUN
taxlaw-2799	77	18	from	from	ADP
taxlaw-2799	77	19	one	one	NUM
taxlaw-2799	77	20	party	party	NOUN
taxlaw-2799	77	21	to	to	ADP
taxlaw-2799	77	22	another	another	PRON
taxlaw-2799	77	23	,	,	PUNCT
taxlaw-2799	77	24	the	the	DET
taxlaw-2799	77	25	move	move	NOUN
taxlaw-2799	77	26	towards	towards	ADP
taxlaw-2799	77	27	centralized	centralized	ADJ
taxlaw-2799	77	28	clearing	clearing	NOUN
taxlaw-2799	77	29	results	result	NOUN
taxlaw-2799	77	30	in	in	ADP
taxlaw-2799	77	31	more	more	ADV
taxlaw-2799	77	32	frequent	frequent	ADJ
taxlaw-2799	77	33	upfront	upfront	ADJ
taxlaw-2799	77	34	payments	payment	NOUN
taxlaw-2799	77	35	or	or	CCONJ
taxlaw-2799	77	36	possible	possible	ADJ
taxlaw-2799	77	37	deemed	deem	VERB
taxlaw-2799	77	38	upfront	upfront	ADJ
taxlaw-2799	77	39	payments	payment	NOUN
taxlaw-2799	77	40	between	between	ADP
taxlaw-2799	77	41	swap	swap	NOUN
taxlaw-2799	77	42	parties	party	NOUN
taxlaw-2799	77	43	.	.	PUNCT
taxlaw-2799	78	1	there	there	PRON
taxlaw-2799	78	2	are	be	VERB
taxlaw-2799	78	3	long	long	ADV
taxlaw-2799	78	4	-	-	PUNCT
taxlaw-2799	78	5	standing	stand	VERB
taxlaw-2799	78	6	rules	rule	NOUN
taxlaw-2799	78	7	governing	govern	VERB
taxlaw-2799	78	8	the	the	DET
taxlaw-2799	78	9	treatment	treatment	NOUN
taxlaw-2799	78	10	of	of	ADP
taxlaw-2799	78	11	upfront	upfront	ADJ
taxlaw-2799	78	12	payments	payment	NOUN
taxlaw-2799	78	13	on	on	ADP
taxlaw-2799	78	14	swaps	swap	NOUN
taxlaw-2799	78	15	that	that	PRON
taxlaw-2799	78	16	are	be	AUX
taxlaw-2799	78	17	classified	classify	VERB
taxlaw-2799	78	18	as	as	ADP
taxlaw-2799	78	19	“	"	PUNCT
taxlaw-2799	78	20	notional	notional	ADJ
taxlaw-2799	78	21	principal	principal	ADJ
taxlaw-2799	78	22	contracts	contract	NOUN
taxlaw-2799	78	23	”	"	PUNCT
taxlaw-2799	78	24	(	(	PUNCT
taxlaw-2799	78	25	“	"	PUNCT
taxlaw-2799	78	26	npcs	npc	NOUN
taxlaw-2799	78	27	”	"	PUNCT
taxlaw-2799	78	28	)	)	PUNCT
taxlaw-2799	78	29	.	.	PUNCT
taxlaw-2799	79	1	under	under	ADP
taxlaw-2799	79	2	those	those	DET
taxlaw-2799	79	3	rules	rule	NOUN
taxlaw-2799	79	4	,	,	PUNCT
taxlaw-2799	79	5	such	such	DET
taxlaw-2799	79	6	a	a	DET
taxlaw-2799	79	7	payment	payment	NOUN
taxlaw-2799	79	8	can	can	AUX
taxlaw-2799	79	9	give	give	VERB
taxlaw-2799	79	10	rise	rise	NOUN
taxlaw-2799	79	11	to	to	ADP
taxlaw-2799	79	12	a	a	DET
taxlaw-2799	79	13	debt	debt	NOUN
taxlaw-2799	79	14	obligation	obligation	NOUN
taxlaw-2799	79	15	between	between	ADP
taxlaw-2799	79	16	the	the	DET
taxlaw-2799	79	17	parties	party	NOUN
taxlaw-2799	79	18	if	if	SCONJ
taxlaw-2799	79	19	the	the	DET
taxlaw-2799	79	20	payment	payment	NOUN
taxlaw-2799	79	21	is	be	AUX
taxlaw-2799	79	22	“	"	PUNCT
taxlaw-2799	79	23	significant	significant	ADJ
taxlaw-2799	79	24	.	.	PUNCT
taxlaw-2799	79	25	”	"	PUNCT
taxlaw-2799	80	1	this	this	DET
taxlaw-2799	80	2	issue	issue	NOUN
taxlaw-2799	80	3	is	be	AUX
taxlaw-2799	80	4	of	of	ADP
taxlaw-2799	80	5	relevance	relevance	NOUN
taxlaw-2799	80	6	because	because	SCONJ
taxlaw-2799	80	7	a	a	DET
taxlaw-2799	80	8	deemed	deem	VERB
taxlaw-2799	80	9	loan	loan	NOUN
taxlaw-2799	80	10	would	would	AUX
taxlaw-2799	80	11	give	give	VERB
taxlaw-2799	80	12	rise	rise	NOUN
taxlaw-2799	80	13	to	to	ADP
taxlaw-2799	80	14	deemed	deem	VERB
taxlaw-2799	80	15	interest	interest	NOUN
taxlaw-2799	80	16	income	income	NOUN
taxlaw-2799	80	17	on	on	ADP
taxlaw-2799	80	18	the	the	DET
taxlaw-2799	80	19	debt	debt	NOUN
taxlaw-2799	80	20	instrument	instrument	NOUN
taxlaw-2799	80	21	,	,	PUNCT
taxlaw-2799	80	22	which	which	DET
taxlaw-2799	80	23	interest	interest	NOUN
taxlaw-2799	80	24	would	would	AUX
taxlaw-2799	80	25	be	be	AUX
taxlaw-2799	80	26	subject	subject	ADJ
taxlaw-2799	80	27	to	to	ADP
taxlaw-2799	80	28	reporting	reporting	NOUN
taxlaw-2799	80	29	,	,	PUNCT
taxlaw-2799	80	30	withholding	withholding	NOUN
taxlaw-2799	80	31	and	and	CCONJ
taxlaw-2799	80	32	other	other	ADJ
taxlaw-2799	80	33	u.s	u.s	PROPN
taxlaw-2799	80	34	.	.	PROPN
taxlaw-2799	80	35	federal	federal	ADJ
taxlaw-2799	80	36	income	income	NOUN
taxlaw-2799	80	37	tax	tax	NOUN
taxlaw-2799	80	38	rules	rule	NOUN
taxlaw-2799	80	39	applicable	applicable	ADJ
taxlaw-2799	80	40	to	to	ADP
taxlaw-2799	80	41	debt	debt	NOUN
taxlaw-2799	80	42	instruments	instrument	NOUN
taxlaw-2799	80	43	.	.	PUNCT
taxlaw-2799	81	1	the	the	DET
taxlaw-2799	81	2	existence	existence	NOUN
taxlaw-2799	81	3	of	of	ADP
taxlaw-2799	81	4	a	a	DET
taxlaw-2799	81	5	deemed	deem	VERB
taxlaw-2799	81	6	loan	loan	NOUN
taxlaw-2799	81	7	might	might	AUX
taxlaw-2799	81	8	also	also	ADV
taxlaw-2799	81	9	raise	raise	VERB
taxlaw-2799	81	10	issues	issue	NOUN
taxlaw-2799	81	11	under	under	ADP
taxlaw-2799	81	12	§	§	PROPN
taxlaw-2799	81	13	956	956	NUM
taxlaw-2799	81	14	for	for	ADP
taxlaw-2799	81	15	some	some	DET
taxlaw-2799	81	16	taxpayers.3	taxpayers.3	NOUN
taxlaw-2799	81	17	the	the	DET
taxlaw-2799	81	18	treatment	treatment	NOUN
taxlaw-2799	81	19	of	of	ADP
taxlaw-2799	81	20	significant	significant	ADJ
taxlaw-2799	81	21	upfront	upfront	ADJ
taxlaw-2799	81	22	payments	payment	NOUN
taxlaw-2799	81	23	on	on	ADP
taxlaw-2799	81	24	interest	interest	NOUN
taxlaw-2799	81	25	rate	rate	NOUN
taxlaw-2799	81	26	swaps	swap	NOUN
taxlaw-2799	81	27	and	and	CCONJ
taxlaw-2799	81	28	most	most	ADJ
taxlaw-2799	81	29	other	other	ADJ
taxlaw-2799	81	30	swaps	swap	NOUN
taxlaw-2799	81	31	as	as	ADP
taxlaw-2799	81	32	deemed	deem	VERB
taxlaw-2799	81	33	loans	loan	NOUN
taxlaw-2799	81	34	for	for	ADP
taxlaw-2799	81	35	u.s	u.s	PROPN
taxlaw-2799	81	36	.	.	PROPN
taxlaw-2799	81	37	federal	federal	ADJ
taxlaw-2799	81	38	income	income	NOUN
taxlaw-2799	81	39	tax	tax	NOUN
taxlaw-2799	81	40	purposes	purpose	NOUN
taxlaw-2799	81	41	is	be	AUX
taxlaw-2799	81	42	a	a	DET
taxlaw-2799	81	43	rule	rule	NOUN
taxlaw-2799	81	44	that	that	PRON
taxlaw-2799	81	45	has	have	AUX
taxlaw-2799	81	46	been	be	AUX
taxlaw-2799	81	47	on	on	ADP
taxlaw-2799	81	48	the	the	DET
taxlaw-2799	81	49	books	book	NOUN
taxlaw-2799	81	50	for	for	ADP
taxlaw-2799	81	51	many	many	ADJ
taxlaw-2799	81	52	years	year	NOUN
taxlaw-2799	81	53	,	,	PUNCT
taxlaw-2799	81	54	but	but	CCONJ
taxlaw-2799	81	55	has	have	AUX
taxlaw-2799	81	56	not	not	PART
taxlaw-2799	81	57	in	in	ADP
taxlaw-2799	81	58	practice	practice	NOUN
taxlaw-2799	81	59	affected	affect	VERB
taxlaw-2799	81	60	most	most	ADV
taxlaw-2799	81	61	actual	actual	ADJ
taxlaw-2799	81	62	otc	otc	PROPN
taxlaw-2799	81	63	contracts	contract	NOUN
taxlaw-2799	81	64	.	.	PUNCT
taxlaw-2799	82	1	thus	thus	ADV
taxlaw-2799	82	2	,	,	PUNCT
taxlaw-2799	82	3	for	for	ADP
taxlaw-2799	82	4	most	most	ADJ
taxlaw-2799	82	5	swaps	swap	NOUN
taxlaw-2799	82	6	,	,	PUNCT
taxlaw-2799	82	7	taxpayers	taxpayer	NOUN
taxlaw-2799	82	8	’	'	PUNCT
taxlaw-2799	82	9	concerns	concern	NOUN
taxlaw-2799	82	10	now	now	ADV
taxlaw-2799	82	11	have	have	VERB
taxlaw-2799	82	12	to	to	PART
taxlaw-2799	82	13	do	do	VERB
taxlaw-2799	82	14	with	with	ADP
taxlaw-2799	82	15	the	the	DET
taxlaw-2799	82	16	substantial	substantial	ADJ
taxlaw-2799	82	17	expansion	expansion	NOUN
taxlaw-2799	82	18	of	of	ADP
taxlaw-2799	82	19	an	an	DET
taxlaw-2799	82	20	existing	exist	VERB
taxlaw-2799	82	21	regime	regime	NOUN
taxlaw-2799	82	22	.	.	PUNCT
taxlaw-2799	83	1	these	these	DET
taxlaw-2799	83	2	concerns	concern	NOUN
taxlaw-2799	83	3	are	be	AUX
taxlaw-2799	83	4	partly	partly	ADV
taxlaw-2799	83	5	legal	legal	ADJ
taxlaw-2799	83	6	—	—	PUNCT
taxlaw-2799	83	7	primarily	primarily	ADV
taxlaw-2799	83	8	that	that	SCONJ
taxlaw-2799	83	9	current	current	ADJ
taxlaw-2799	83	10	law	law	NOUN
taxlaw-2799	83	11	does	do	AUX
taxlaw-2799	83	12	not	not	PART
taxlaw-2799	83	13	provide	provide	VERB
taxlaw-2799	83	14	clear	clear	ADJ
taxlaw-2799	83	15	rules	rule	NOUN
taxlaw-2799	83	16	for	for	ADP
taxlaw-2799	83	17	when	when	SCONJ
taxlaw-2799	83	18	a	a	DET
taxlaw-2799	83	19	deemed	deem	VERB
taxlaw-2799	83	20	loan	loan	NOUN
taxlaw-2799	83	21	arises	arise	VERB
taxlaw-2799	83	22	,	,	PUNCT
taxlaw-2799	83	23	and	and	CCONJ
taxlaw-2799	83	24	does	do	AUX
taxlaw-2799	83	25	not	not	PART
taxlaw-2799	83	26	take	take	VERB
taxlaw-2799	83	27	into	into	ADP
taxlaw-2799	83	28	account	account	NOUN
taxlaw-2799	83	29	the	the	DET
taxlaw-2799	83	30	special	special	ADJ
taxlaw-2799	83	31	characteristics	characteristic	NOUN
taxlaw-2799	83	32	of	of	ADP
taxlaw-2799	83	33	centrally	centrally	ADV
taxlaw-2799	83	34	cleared	clear	VERB
taxlaw-2799	83	35	swaps	swap	NOUN
taxlaw-2799	83	36	—	—	PUNCT
taxlaw-2799	83	37	and	and	CCONJ
taxlaw-2799	83	38	partly	partly	ADV
taxlaw-2799	83	39	practical	practical	ADJ
taxlaw-2799	83	40	,	,	PUNCT
taxlaw-2799	83	41	because	because	SCONJ
taxlaw-2799	83	42	compliance	compliance	NOUN
taxlaw-2799	83	43	in	in	ADP
taxlaw-2799	83	44	a	a	DET
taxlaw-2799	83	45	world	world	NOUN
taxlaw-2799	83	46	in	in	ADP
taxlaw-2799	83	47	which	which	PRON
taxlaw-2799	83	48	significant	significant	ADJ
taxlaw-2799	83	49	upfront	upfront	ADJ
taxlaw-2799	83	50	payments	payment	NOUN
taxlaw-2799	83	51	may	may	AUX
taxlaw-2799	83	52	be	be	AUX
taxlaw-2799	83	53	the	the	DET
taxlaw-2799	83	54	rule	rule	NOUN
taxlaw-2799	83	55	rather	rather	ADV
taxlaw-2799	83	56	than	than	ADP
taxlaw-2799	83	57	the	the	DET
taxlaw-2799	83	58	exception	exception	NOUN
taxlaw-2799	83	59	would	would	AUX
taxlaw-2799	83	60	require	require	VERB
taxlaw-2799	83	61	taxpayers	taxpayer	NOUN
taxlaw-2799	83	62	to	to	PART
taxlaw-2799	83	63	modify	modify	VERB
taxlaw-2799	83	64	reporting	reporting	NOUN
taxlaw-2799	83	65	and	and	CCONJ
taxlaw-2799	83	66	withholding	withholding	NOUN
taxlaw-2799	83	67	practices	practice	NOUN
taxlaw-2799	83	68	,	,	PUNCT
taxlaw-2799	83	69	and	and	CCONJ
taxlaw-2799	83	70	to	to	PART
taxlaw-2799	83	71	develop	develop	VERB
taxlaw-2799	83	72	automated	automate	VERB
taxlaw-2799	83	73	systems	system	NOUN
taxlaw-2799	83	74	to	to	PART
taxlaw-2799	83	75	distinguish	distinguish	VERB
taxlaw-2799	83	76	between	between	ADP
taxlaw-2799	83	77	npcs	npc	NOUN
taxlaw-2799	83	78	and	and	CCONJ
taxlaw-2799	83	79	options	option	NOUN
taxlaw-2799	83	80	and	and	CCONJ
taxlaw-2799	83	81	other	other	ADJ
taxlaw-2799	83	82	types	type	NOUN
taxlaw-2799	83	83	of	of	ADP
taxlaw-2799	83	84	derivatives	derivative	NOUN
taxlaw-2799	83	85	not	not	PART
taxlaw-2799	83	86	subject	subject	ADJ
taxlaw-2799	83	87	to	to	ADP
taxlaw-2799	83	88	the	the	DET
taxlaw-2799	83	89	deemed	deemed	ADJ
taxlaw-2799	83	90	loan	loan	NOUN
taxlaw-2799	83	91	rules	rule	NOUN
taxlaw-2799	83	92	.	.	PUNCT
taxlaw-2799	84	1	g-3	g-3	PROPN
taxlaw-2799	84	2	,	,	PUNCT
taxlaw-2799	84	3	available	available	ADJ
taxlaw-2799	84	4	at	at	ADP
taxlaw-2799	84	5	www.bna.com	www.bna.com	PROPN
taxlaw-2799	84	6	;	;	PUNCT
taxlaw-2799	84	7	john	john	PROPN
taxlaw-2799	84	8	herzfeld	herzfeld	PROPN
taxlaw-2799	84	9	,	,	PUNCT
taxlaw-2799	84	10	guidance	guidance	NOUN
taxlaw-2799	84	11	on	on	ADP
taxlaw-2799	84	12	section	section	NOUN
taxlaw-2799	84	13	1256	1256	NUM
taxlaw-2799	84	14	contracts	contract	NOUN
taxlaw-2799	84	15	under	under	ADP
taxlaw-2799	84	16	study	study	NOUN
taxlaw-2799	84	17	,	,	PUNCT
taxlaw-2799	84	18	irs	irs	PROPN
taxlaw-2799	84	19	legal	legal	ADJ
taxlaw-2799	84	20	official	official	NOUN
taxlaw-2799	84	21	says	say	VERB
taxlaw-2799	84	22	(	(	PUNCT
taxlaw-2799	84	23	oct	oct	PROPN
taxlaw-2799	84	24	.	.	PROPN
taxlaw-2799	84	25	25	25	NUM
taxlaw-2799	84	26	,	,	PUNCT
taxlaw-2799	84	27	2010	2010	NUM
taxlaw-2799	84	28	)	)	PUNCT
taxlaw-2799	84	29	,	,	PUNCT
taxlaw-2799	84	30	204	204	NUM
taxlaw-2799	84	31	dtr	dtr	NOUN
taxlaw-2799	84	32	g-2	g-2	NOUN
taxlaw-2799	84	33	,	,	PUNCT
taxlaw-2799	84	34	available	available	ADJ
taxlaw-2799	84	35	at	at	ADP
taxlaw-2799	84	36	www.bna.com	www.bna.com	PROPN
taxlaw-2799	84	37	.	.	PUNCT
taxlaw-2799	85	1	3	3	NUM
taxlaw-2799	85	2	these	these	DET
taxlaw-2799	85	3	issues	issue	NOUN
taxlaw-2799	85	4	are	be	AUX
taxlaw-2799	85	5	briefly	briefly	ADV
taxlaw-2799	85	6	discussed	discuss	VERB
taxlaw-2799	85	7	in	in	ADP
taxlaw-2799	85	8	a	a	DET
taxlaw-2799	85	9	submission	submission	NOUN
taxlaw-2799	85	10	made	make	VERB
taxlaw-2799	85	11	by	by	ADP
taxlaw-2799	85	12	the	the	DET
taxlaw-2799	85	13	securities	security	NOUN
taxlaw-2799	85	14	industry	industry	NOUN
taxlaw-2799	85	15	and	and	CCONJ
taxlaw-2799	85	16	financial	financial	ADJ
taxlaw-2799	85	17	markets	market	NOUN
taxlaw-2799	85	18	association	association	NOUN
taxlaw-2799	85	19	(	(	PUNCT
taxlaw-2799	85	20	“	"	PUNCT
taxlaw-2799	85	21	sifma	sifma	NOUN
taxlaw-2799	85	22	”	"	PUNCT
taxlaw-2799	85	23	)	)	PUNCT
taxlaw-2799	85	24	in	in	ADP
taxlaw-2799	85	25	a	a	DET
taxlaw-2799	85	26	letter	letter	NOUN
taxlaw-2799	85	27	to	to	ADP
taxlaw-2799	85	28	treasury	treasury	NOUN
taxlaw-2799	85	29	and	and	CCONJ
taxlaw-2799	85	30	the	the	DET
taxlaw-2799	85	31	service	service	NOUN
taxlaw-2799	85	32	requesting	request	VERB
taxlaw-2799	85	33	guidance	guidance	NOUN
taxlaw-2799	85	34	on	on	ADP
taxlaw-2799	85	35	these	these	DET
taxlaw-2799	85	36	issues	issue	NOUN
taxlaw-2799	85	37	,	,	PUNCT
taxlaw-2799	85	38	in	in	ADP
taxlaw-2799	85	39	particular	particular	ADJ
taxlaw-2799	85	40	the	the	DET
taxlaw-2799	85	41	potential	potential	ADJ
taxlaw-2799	85	42	application	application	NOUN
taxlaw-2799	85	43	of	of	ADP
taxlaw-2799	85	44	§	§	PROPN
taxlaw-2799	85	45	956	956	NUM
taxlaw-2799	85	46	to	to	PART
taxlaw-2799	85	47	deemed	deem	VERB
taxlaw-2799	85	48	loans	loan	NOUN
taxlaw-2799	85	49	arising	arise	VERB
taxlaw-2799	85	50	from	from	ADP
taxlaw-2799	85	51	large	large	ADJ
taxlaw-2799	85	52	initial	initial	ADJ
taxlaw-2799	85	53	premium	premium	NOUN
taxlaw-2799	85	54	payments	payment	NOUN
taxlaw-2799	85	55	on	on	ADP
taxlaw-2799	85	56	credit	credit	NOUN
taxlaw-2799	85	57	default	default	NOUN
taxlaw-2799	85	58	swaps	swap	NOUN
taxlaw-2799	85	59	.	.	PUNCT
taxlaw-2799	86	1	see	see	VERB
taxlaw-2799	86	2	letter	letter	NOUN
taxlaw-2799	86	3	from	from	ADP
taxlaw-2799	86	4	sifma	sifma	NOUN
taxlaw-2799	86	5	to	to	ADP
taxlaw-2799	86	6	steven	steven	PROPN
taxlaw-2799	86	7	a.	a.	PROPN
taxlaw-2799	86	8	musher	musher	PROPN
taxlaw-2799	86	9	,	,	PUNCT
taxlaw-2799	86	10	associate	associate	ADJ
taxlaw-2799	86	11	chief	chief	ADJ
taxlaw-2799	86	12	counsel	counsel	NOUN
taxlaw-2799	86	13	(	(	PUNCT
taxlaw-2799	86	14	int’l	int’l	NUM
taxlaw-2799	86	15	)	)	PUNCT
taxlaw-2799	86	16	,	,	PUNCT
taxlaw-2799	86	17	irs	irs	PROPN
taxlaw-2799	86	18	(	(	PUNCT
taxlaw-2799	86	19	may	may	PROPN
taxlaw-2799	86	20	26	26	NUM
taxlaw-2799	86	21	,	,	PUNCT
taxlaw-2799	86	22	2009	2009	NUM
taxlaw-2799	86	23	)	)	PUNCT
taxlaw-2799	86	24	,	,	PUNCT
taxlaw-2799	86	25	reprinted	reprint	VERB
taxlaw-2799	86	26	in	in	ADP
taxlaw-2799	86	27	1	1	NUM
taxlaw-2799	86	28	taxation	taxation	NOUN
taxlaw-2799	86	29	of	of	ADP
taxlaw-2799	86	30	financial	financial	ADJ
taxlaw-2799	86	31	products	product	NOUN
taxlaw-2799	86	32	and	and	CCONJ
taxlaw-2799	86	33	transactions	transaction	NOUN
taxlaw-2799	86	34	2010	2010	NUM
taxlaw-2799	86	35	,	,	PUNCT
taxlaw-2799	86	36	ch	ch	NOUN
taxlaw-2799	86	37	.	.	PROPN
taxlaw-2799	86	38	1	1	NUM
taxlaw-2799	86	39	(	(	PUNCT
taxlaw-2799	86	40	practising	practise	VERB
taxlaw-2799	86	41	law	law	PROPN
taxlaw-2799	86	42	institute	institute	NOUN
taxlaw-2799	86	43	2010	2010	NUM
taxlaw-2799	86	44	)	)	PUNCT
taxlaw-2799	86	45	.	.	PUNCT
taxlaw-2799	87	1	the	the	DET
taxlaw-2799	87	2	author	author	NOUN
taxlaw-2799	87	3	and	and	CCONJ
taxlaw-2799	87	4	one	one	NUM
taxlaw-2799	87	5	of	of	ADP
taxlaw-2799	87	6	her	her	PRON
taxlaw-2799	87	7	partners	partner	NOUN
taxlaw-2799	87	8	represented	represent	VERB
taxlaw-2799	87	9	sifma	sifma	NOUN
taxlaw-2799	87	10	in	in	ADP
taxlaw-2799	87	11	preparing	prepare	VERB
taxlaw-2799	87	12	that	that	DET
taxlaw-2799	87	13	letter	letter	NOUN
taxlaw-2799	87	14	.	.	PUNCT
taxlaw-2799	88	1	2011	2011	NUM
taxlaw-2799	88	2	]	]	PUNCT
taxlaw-2799	89	1	ew	ew	NOUN
taxlaw-2799	89	2	tax	tax	NOUN
taxlaw-2799	89	3	issues	issue	NOUN
taxlaw-2799	89	4	arisi	arisi	VERB
taxlaw-2799	89	5	g	g	PROPN
taxlaw-2799	89	6	from	from	ADP
taxlaw-2799	89	7	the	the	DET
taxlaw-2799	89	8	dodd	dodd	NOUN
taxlaw-2799	89	9	-	-	PUNCT
taxlaw-2799	89	10	fra	fra	PROPN
taxlaw-2799	89	11	k	k	PROPN
taxlaw-2799	89	12	act	act	PROPN
taxlaw-2799	89	13	5	5	NUM
taxlaw-2799	89	14	for	for	ADP
taxlaw-2799	89	15	credit	credit	NOUN
taxlaw-2799	89	16	default	default	NOUN
taxlaw-2799	89	17	swaps	swap	NOUN
taxlaw-2799	89	18	(	(	PUNCT
taxlaw-2799	89	19	“	"	PUNCT
taxlaw-2799	89	20	cds	cd	NOUN
taxlaw-2799	89	21	”	"	PUNCT
taxlaw-2799	89	22	)	)	PUNCT
taxlaw-2799	89	23	,	,	PUNCT
taxlaw-2799	89	24	there	there	PRON
taxlaw-2799	89	25	are	be	VERB
taxlaw-2799	89	26	very	very	ADV
taxlaw-2799	89	27	significant	significant	ADJ
taxlaw-2799	89	28	uncertainties	uncertainty	NOUN
taxlaw-2799	89	29	as	as	ADP
taxlaw-2799	89	30	to	to	ADP
taxlaw-2799	89	31	whether	whether	SCONJ
taxlaw-2799	89	32	these	these	DET
taxlaw-2799	89	33	rules	rule	NOUN
taxlaw-2799	89	34	apply	apply	VERB
taxlaw-2799	89	35	at	at	ADV
taxlaw-2799	89	36	all	all	ADV
taxlaw-2799	89	37	,	,	PUNCT
taxlaw-2799	89	38	and	and	CCONJ
taxlaw-2799	89	39	if	if	SCONJ
taxlaw-2799	89	40	so	so	ADV
taxlaw-2799	89	41	how	how	SCONJ
taxlaw-2799	89	42	they	they	PRON
taxlaw-2799	89	43	apply	apply	VERB
taxlaw-2799	89	44	.	.	PUNCT
taxlaw-2799	90	1	the	the	DET
taxlaw-2799	90	2	question	question	NOUN
taxlaw-2799	90	3	of	of	ADP
taxlaw-2799	90	4	whether	whether	SCONJ
taxlaw-2799	90	5	a	a	DET
taxlaw-2799	90	6	deemed	deem	VERB
taxlaw-2799	90	7	loan	loan	NOUN
taxlaw-2799	90	8	or	or	CCONJ
taxlaw-2799	90	9	deemed	deem	VERB
taxlaw-2799	90	10	interest	interest	NOUN
taxlaw-2799	90	11	arises	arise	VERB
taxlaw-2799	90	12	under	under	ADP
taxlaw-2799	90	13	current	current	ADJ
taxlaw-2799	90	14	law	law	NOUN
taxlaw-2799	90	15	as	as	ADP
taxlaw-2799	90	16	a	a	DET
taxlaw-2799	90	17	result	result	NOUN
taxlaw-2799	90	18	of	of	ADP
taxlaw-2799	90	19	a	a	DET
taxlaw-2799	90	20	large	large	ADJ
taxlaw-2799	90	21	initial	initial	ADJ
taxlaw-2799	90	22	premium	premium	NOUN
taxlaw-2799	90	23	on	on	ADP
taxlaw-2799	90	24	a	a	DET
taxlaw-2799	90	25	standard	standard	ADJ
taxlaw-2799	90	26	coupon	coupon	NOUN
taxlaw-2799	90	27	cds	cd	NOUN
taxlaw-2799	90	28	can	can	AUX
taxlaw-2799	90	29	not	not	PART
taxlaw-2799	90	30	be	be	AUX
taxlaw-2799	90	31	answered	answer	VERB
taxlaw-2799	90	32	without	without	ADP
taxlaw-2799	90	33	first	first	ADV
taxlaw-2799	90	34	answering	answer	VERB
taxlaw-2799	90	35	the	the	DET
taxlaw-2799	90	36	question	question	NOUN
taxlaw-2799	90	37	of	of	ADP
taxlaw-2799	90	38	whether	whether	SCONJ
taxlaw-2799	90	39	a	a	DET
taxlaw-2799	90	40	cds	cd	NOUN
taxlaw-2799	90	41	is	be	AUX
taxlaw-2799	90	42	properly	properly	ADV
taxlaw-2799	90	43	characterized	characterize	VERB
taxlaw-2799	90	44	as	as	ADP
taxlaw-2799	90	45	an	an	DET
taxlaw-2799	90	46	option	option	NOUN
taxlaw-2799	90	47	or	or	CCONJ
taxlaw-2799	90	48	npc	npc	NOUN
taxlaw-2799	90	49	.	.	PUNCT
taxlaw-2799	91	1	as	as	SCONJ
taxlaw-2799	91	2	that	that	DET
taxlaw-2799	91	3	issue	issue	NOUN
taxlaw-2799	91	4	is	be	AUX
taxlaw-2799	91	5	unclear	unclear	ADJ
taxlaw-2799	91	6	under	under	ADP
taxlaw-2799	91	7	current	current	ADJ
taxlaw-2799	91	8	law	law	NOUN
taxlaw-2799	91	9	and	and	CCONJ
taxlaw-2799	91	10	has	have	AUX
taxlaw-2799	91	11	been	be	AUX
taxlaw-2799	91	12	exhaustively	exhaustively	ADV
taxlaw-2799	91	13	discussed	discuss	VERB
taxlaw-2799	91	14	elsewhere	elsewhere	ADV
taxlaw-2799	91	15	,	,	PUNCT
taxlaw-2799	91	16	this	this	DET
taxlaw-2799	91	17	article	article	NOUN
taxlaw-2799	91	18	focuses	focus	VERB
taxlaw-2799	91	19	instead	instead	ADV
taxlaw-2799	91	20	on	on	ADP
taxlaw-2799	91	21	whether	whether	SCONJ
taxlaw-2799	91	22	,	,	PUNCT
taxlaw-2799	91	23	assuming	assume	VERB
taxlaw-2799	91	24	that	that	SCONJ
taxlaw-2799	91	25	a	a	DET
taxlaw-2799	91	26	cds	cds	NOUN
taxlaw-2799	91	27	is	be	AUX
taxlaw-2799	91	28	properly	properly	ADV
taxlaw-2799	91	29	treated	treat	VERB
taxlaw-2799	91	30	as	as	ADP
taxlaw-2799	91	31	an	an	DET
taxlaw-2799	91	32	npc	npc	NOUN
taxlaw-2799	91	33	,	,	PUNCT
taxlaw-2799	91	34	current	current	ADJ
taxlaw-2799	91	35	law	law	NOUN
taxlaw-2799	91	36	could	could	AUX
taxlaw-2799	91	37	deem	deem	VERB
taxlaw-2799	91	38	one	one	NUM
taxlaw-2799	91	39	cds	cd	NOUN
taxlaw-2799	91	40	counterparty	counterparty	NOUN
taxlaw-2799	91	41	to	to	PART
taxlaw-2799	91	42	lend	lend	VERB
taxlaw-2799	91	43	money	money	NOUN
taxlaw-2799	91	44	to	to	ADP
taxlaw-2799	91	45	the	the	DET
taxlaw-2799	91	46	other	other	ADJ
taxlaw-2799	91	47	in	in	ADP
taxlaw-2799	91	48	a	a	DET
taxlaw-2799	91	49	transaction	transaction	NOUN
taxlaw-2799	91	50	treated	treat	VERB
taxlaw-2799	91	51	for	for	ADP
taxlaw-2799	91	52	u.s	u.s	PROPN
taxlaw-2799	91	53	.	.	PROPN
taxlaw-2799	91	54	federal	federal	ADJ
taxlaw-2799	91	55	income	income	NOUN
taxlaw-2799	91	56	tax	tax	NOUN
taxlaw-2799	91	57	purposes	purpose	NOUN
taxlaw-2799	91	58	as	as	ADP
taxlaw-2799	91	59	giving	give	VERB
taxlaw-2799	91	60	rise	rise	NOUN
taxlaw-2799	91	61	to	to	ADP
taxlaw-2799	91	62	indebtedness	indebtedness	NOUN
taxlaw-2799	91	63	.	.	PUNCT
taxlaw-2799	92	1	finally	finally	ADV
taxlaw-2799	92	2	,	,	PUNCT
taxlaw-2799	92	3	as	as	SCONJ
taxlaw-2799	92	4	noted	note	VERB
taxlaw-2799	92	5	above	above	ADV
taxlaw-2799	92	6	,	,	PUNCT
taxlaw-2799	92	7	the	the	DET
taxlaw-2799	92	8	application	application	NOUN
taxlaw-2799	92	9	of	of	ADP
taxlaw-2799	92	10	§	§	PROPN
taxlaw-2799	92	11	956	956	NUM
taxlaw-2799	92	12	,	,	PUNCT
taxlaw-2799	92	13	which	which	PRON
taxlaw-2799	92	14	can	can	AUX
taxlaw-2799	92	15	have	have	VERB
taxlaw-2799	92	16	career	career	NOUN
taxlaw-2799	92	17	-	-	PUNCT
taxlaw-2799	92	18	ending	end	VERB
taxlaw-2799	92	19	consequences	consequence	NOUN
taxlaw-2799	92	20	,	,	PUNCT
taxlaw-2799	92	21	could	could	AUX
taxlaw-2799	92	22	potentially	potentially	ADV
taxlaw-2799	92	23	be	be	AUX
taxlaw-2799	92	24	vastly	vastly	ADV
taxlaw-2799	92	25	expanded	expand	VERB
taxlaw-2799	92	26	.	.	PUNCT
taxlaw-2799	93	1	this	this	PRON
taxlaw-2799	93	2	would	would	AUX
taxlaw-2799	93	3	be	be	AUX
taxlaw-2799	93	4	unfortunate	unfortunate	ADJ
taxlaw-2799	93	5	,	,	PUNCT
taxlaw-2799	93	6	to	to	PART
taxlaw-2799	93	7	say	say	VERB
taxlaw-2799	93	8	the	the	DET
taxlaw-2799	93	9	least	least	ADJ
taxlaw-2799	93	10	,	,	PUNCT
taxlaw-2799	93	11	given	give	VERB
taxlaw-2799	93	12	that	that	SCONJ
taxlaw-2799	93	13	the	the	DET
taxlaw-2799	93	14	context	context	NOUN
taxlaw-2799	93	15	is	be	AUX
taxlaw-2799	93	16	one	one	NUM
taxlaw-2799	93	17	in	in	ADP
taxlaw-2799	93	18	which	which	PRON
taxlaw-2799	93	19	there	there	PRON
taxlaw-2799	93	20	is	be	VERB
taxlaw-2799	93	21	no	no	DET
taxlaw-2799	93	22	policy	policy	NOUN
taxlaw-2799	93	23	reason	reason	NOUN
taxlaw-2799	93	24	for	for	ADP
taxlaw-2799	93	25	§	§	PROPN
taxlaw-2799	93	26	956	956	NUM
taxlaw-2799	93	27	to	to	PART
taxlaw-2799	93	28	apply	apply	VERB
taxlaw-2799	93	29	because	because	SCONJ
taxlaw-2799	93	30	any	any	DET
taxlaw-2799	93	31	upfront	upfront	ADJ
taxlaw-2799	93	32	payment	payment	NOUN
taxlaw-2799	93	33	made	make	VERB
taxlaw-2799	93	34	under	under	ADP
taxlaw-2799	93	35	a	a	DET
taxlaw-2799	93	36	cleared	clear	VERB
taxlaw-2799	93	37	swap	swap	NOUN
taxlaw-2799	93	38	is	be	AUX
taxlaw-2799	93	39	immediately	immediately	ADV
taxlaw-2799	93	40	offset	offset	VERB
taxlaw-2799	93	41	as	as	ADP
taxlaw-2799	93	42	a	a	DET
taxlaw-2799	93	43	cash	cash	NOUN
taxlaw-2799	93	44	flow	flow	NOUN
taxlaw-2799	93	45	matter	matter	NOUN
taxlaw-2799	93	46	by	by	ADP
taxlaw-2799	93	47	an	an	DET
taxlaw-2799	93	48	equivalent	equivalent	ADJ
taxlaw-2799	93	49	amount	amount	NOUN
taxlaw-2799	93	50	of	of	ADP
taxlaw-2799	93	51	cash	cash	NOUN
taxlaw-2799	93	52	collateral	collateral	NOUN
taxlaw-2799	93	53	.	.	PUNCT
taxlaw-2799	94	1	it	it	PRON
taxlaw-2799	94	2	seems	seem	VERB
taxlaw-2799	94	3	fair	fair	ADJ
taxlaw-2799	94	4	to	to	PART
taxlaw-2799	94	5	expect	expect	VERB
taxlaw-2799	94	6	the	the	DET
taxlaw-2799	94	7	government	government	NOUN
taxlaw-2799	94	8	to	to	PART
taxlaw-2799	94	9	clarify	clarify	VERB
taxlaw-2799	94	10	the	the	DET
taxlaw-2799	94	11	rules	rule	NOUN
taxlaw-2799	94	12	as	as	ADP
taxlaw-2799	94	13	to	to	ADP
taxlaw-2799	94	14	when	when	SCONJ
taxlaw-2799	94	15	a	a	DET
taxlaw-2799	94	16	deemed	deem	VERB
taxlaw-2799	94	17	loan	loan	NOUN
taxlaw-2799	94	18	arises	arise	NOUN
taxlaw-2799	94	19	before	before	SCONJ
taxlaw-2799	94	20	taxpayers	taxpayer	NOUN
taxlaw-2799	94	21	build	build	VERB
taxlaw-2799	94	22	the	the	DET
taxlaw-2799	94	23	necessary	necessary	ADJ
taxlaw-2799	94	24	systems	system	NOUN
taxlaw-2799	94	25	to	to	PART
taxlaw-2799	94	26	track	track	VERB
taxlaw-2799	94	27	them	they	PRON
taxlaw-2799	94	28	.	.	PUNCT
taxlaw-2799	95	1	and	and	CCONJ
taxlaw-2799	95	2	it	it	PRON
taxlaw-2799	95	3	seems	seem	VERB
taxlaw-2799	95	4	reasonable	reasonable	ADJ
taxlaw-2799	95	5	to	to	PART
taxlaw-2799	95	6	hope	hope	VERB
taxlaw-2799	95	7	that	that	SCONJ
taxlaw-2799	95	8	the	the	DET
taxlaw-2799	95	9	government	government	NOUN
taxlaw-2799	95	10	would	would	AUX
taxlaw-2799	95	11	clarify	clarify	VERB
taxlaw-2799	95	12	that	that	SCONJ
taxlaw-2799	95	13	it	it	PRON
taxlaw-2799	95	14	would	would	AUX
taxlaw-2799	95	15	not	not	PART
taxlaw-2799	95	16	choose	choose	VERB
taxlaw-2799	95	17	to	to	PART
taxlaw-2799	95	18	apply	apply	VERB
taxlaw-2799	95	19	§	§	PROPN
taxlaw-2799	95	20	956	956	NUM
taxlaw-2799	95	21	in	in	ADP
taxlaw-2799	95	22	the	the	DET
taxlaw-2799	95	23	offsetting	offset	VERB
taxlaw-2799	95	24	payment	payment	NOUN
taxlaw-2799	95	25	case	case	NOUN
taxlaw-2799	95	26	described	describe	VERB
taxlaw-2799	95	27	above	above	ADV
taxlaw-2799	95	28	.	.	PUNCT
taxlaw-2799	96	1	this	this	DET
taxlaw-2799	96	2	article	article	NOUN
taxlaw-2799	96	3	therefore	therefore	ADV
taxlaw-2799	96	4	recommends	recommend	VERB
taxlaw-2799	96	5	a	a	DET
taxlaw-2799	96	6	number	number	NOUN
taxlaw-2799	96	7	of	of	ADP
taxlaw-2799	96	8	areas	area	NOUN
taxlaw-2799	96	9	in	in	ADP
taxlaw-2799	96	10	which	which	PRON
taxlaw-2799	96	11	the	the	DET
taxlaw-2799	96	12	treasury	treasury	NOUN
taxlaw-2799	96	13	and	and	CCONJ
taxlaw-2799	96	14	service	service	NOUN
taxlaw-2799	96	15	should	should	AUX
taxlaw-2799	96	16	provide	provide	VERB
taxlaw-2799	96	17	guidance	guidance	NOUN
taxlaw-2799	96	18	before	before	SCONJ
taxlaw-2799	96	19	taxpayers	taxpayer	NOUN
taxlaw-2799	96	20	make	make	VERB
taxlaw-2799	96	21	the	the	DET
taxlaw-2799	96	22	investment	investment	NOUN
taxlaw-2799	96	23	to	to	PART
taxlaw-2799	96	24	build	build	VERB
taxlaw-2799	96	25	such	such	ADJ
taxlaw-2799	96	26	systems	system	NOUN
taxlaw-2799	96	27	,	,	PUNCT
taxlaw-2799	96	28	including	include	VERB
taxlaw-2799	96	29	(	(	PUNCT
taxlaw-2799	96	30	i	i	NOUN
taxlaw-2799	96	31	)	)	PUNCT
taxlaw-2799	96	32	clarifying	clarify	VERB
taxlaw-2799	96	33	whether	whether	SCONJ
taxlaw-2799	96	34	and	and	CCONJ
taxlaw-2799	96	35	how	how	SCONJ
taxlaw-2799	96	36	the	the	DET
taxlaw-2799	96	37	rules	rule	NOUN
taxlaw-2799	96	38	apply	apply	VERB
taxlaw-2799	96	39	to	to	ADP
taxlaw-2799	96	40	centrally	centrally	ADV
taxlaw-2799	96	41	cleared	clear	VERB
taxlaw-2799	96	42	swaps	swap	NOUN
taxlaw-2799	96	43	,	,	PUNCT
taxlaw-2799	96	44	(	(	PUNCT
taxlaw-2799	96	45	ii	ii	NOUN
taxlaw-2799	96	46	)	)	PUNCT
taxlaw-2799	96	47	how	how	SCONJ
taxlaw-2799	96	48	a	a	DET
taxlaw-2799	96	49	deemed	deemed	ADJ
taxlaw-2799	96	50	loan	loan	NOUN
taxlaw-2799	96	51	that	that	PRON
taxlaw-2799	96	52	arises	arise	VERB
taxlaw-2799	96	53	when	when	SCONJ
taxlaw-2799	96	54	a	a	DET
taxlaw-2799	96	55	“	"	PUNCT
taxlaw-2799	96	56	significant	significant	ADJ
taxlaw-2799	96	57	”	"	PUNCT
taxlaw-2799	96	58	upfront	upfront	ADJ
taxlaw-2799	96	59	payment	payment	NOUN
taxlaw-2799	96	60	is	be	AUX
taxlaw-2799	96	61	made	make	VERB
taxlaw-2799	96	62	on	on	ADP
taxlaw-2799	96	63	an	an	DET
taxlaw-2799	96	64	npc	npc	NOUN
taxlaw-2799	96	65	should	should	AUX
taxlaw-2799	96	66	be	be	AUX
taxlaw-2799	96	67	taken	take	VERB
taxlaw-2799	96	68	into	into	ADP
taxlaw-2799	96	69	account	account	NOUN
taxlaw-2799	96	70	for	for	ADP
taxlaw-2799	96	71	a	a	DET
taxlaw-2799	96	72	centrally	centrally	ADV
taxlaw-2799	96	73	cleared	clear	VERB
taxlaw-2799	96	74	swap	swap	NOUN
taxlaw-2799	96	75	,	,	PUNCT
taxlaw-2799	96	76	(	(	PUNCT
taxlaw-2799	96	77	iii	iii	NOUN
taxlaw-2799	96	78	)	)	PUNCT
taxlaw-2799	96	79	more	more	ADV
taxlaw-2799	96	80	detailed	detailed	ADJ
taxlaw-2799	96	81	guidance	guidance	NOUN
taxlaw-2799	96	82	on	on	ADP
taxlaw-2799	96	83	when	when	SCONJ
taxlaw-2799	96	84	an	an	DET
taxlaw-2799	96	85	upfront	upfront	ADJ
taxlaw-2799	96	86	payment	payment	NOUN
taxlaw-2799	96	87	is	be	AUX
taxlaw-2799	96	88	“	"	PUNCT
taxlaw-2799	96	89	significant	significant	ADJ
taxlaw-2799	96	90	”	"	PUNCT
taxlaw-2799	96	91	,	,	PUNCT
taxlaw-2799	96	92	and	and	CCONJ
taxlaw-2799	96	93	(	(	PUNCT
taxlaw-2799	96	94	iv	iv	X
taxlaw-2799	96	95	)	)	PUNCT
taxlaw-2799	96	96	whether	whether	SCONJ
taxlaw-2799	96	97	credit	credit	NOUN
taxlaw-2799	96	98	default	default	NOUN
taxlaw-2799	96	99	swaps	swap	NOUN
taxlaw-2799	96	100	are	be	AUX
taxlaw-2799	96	101	subject	subject	ADJ
taxlaw-2799	96	102	to	to	ADP
taxlaw-2799	96	103	these	these	DET
taxlaw-2799	96	104	rules	rule	NOUN
taxlaw-2799	96	105	.	.	PUNCT
taxlaw-2799	97	1	in	in	ADP
taxlaw-2799	97	2	the	the	DET
taxlaw-2799	97	3	interim	interim	ADJ
taxlaw-2799	97	4	,	,	PUNCT
taxlaw-2799	97	5	regulatory	regulatory	ADJ
taxlaw-2799	97	6	guidance	guidance	NOUN
taxlaw-2799	97	7	could	could	AUX
taxlaw-2799	97	8	be	be	AUX
taxlaw-2799	97	9	provided	provide	VERB
taxlaw-2799	97	10	in	in	ADP
taxlaw-2799	97	11	the	the	DET
taxlaw-2799	97	12	form	form	NOUN
taxlaw-2799	97	13	of	of	ADP
taxlaw-2799	97	14	a	a	DET
taxlaw-2799	97	15	notice	notice	NOUN
taxlaw-2799	97	16	stating	state	VERB
taxlaw-2799	97	17	that	that	SCONJ
taxlaw-2799	97	18	nonperiodic	nonperiodic	ADJ
taxlaw-2799	97	19	payments	payment	NOUN
taxlaw-2799	97	20	on	on	ADP
taxlaw-2799	97	21	swaps	swap	NOUN
taxlaw-2799	97	22	,	,	PUNCT
taxlaw-2799	97	23	including	include	VERB
taxlaw-2799	97	24	cds	cd	NOUN
taxlaw-2799	97	25	,	,	PUNCT
taxlaw-2799	97	26	will	will	AUX
taxlaw-2799	97	27	not	not	PART
taxlaw-2799	97	28	be	be	AUX
taxlaw-2799	97	29	treated	treat	VERB
taxlaw-2799	97	30	as	as	ADP
taxlaw-2799	97	31	investments	investment	NOUN
taxlaw-2799	97	32	in	in	ADP
taxlaw-2799	97	33	united	united	PROPN
taxlaw-2799	97	34	states	states	PROPN
taxlaw-2799	97	35	property	property	NOUN
taxlaw-2799	97	36	for	for	ADP
taxlaw-2799	97	37	§	§	PROPN
taxlaw-2799	97	38	956	956	NUM
taxlaw-2799	97	39	purposes	purpose	NOUN
taxlaw-2799	97	40	to	to	ADP
taxlaw-2799	97	41	the	the	DET
taxlaw-2799	97	42	extent	extent	NOUN
taxlaw-2799	97	43	that	that	SCONJ
taxlaw-2799	97	44	they	they	PRON
taxlaw-2799	97	45	are	be	AUX
taxlaw-2799	97	46	immediately	immediately	ADV
taxlaw-2799	97	47	as	as	ADP
taxlaw-2799	97	48	a	a	DET
taxlaw-2799	97	49	contractual	contractual	ADJ
taxlaw-2799	97	50	or	or	CCONJ
taxlaw-2799	97	51	legal	legal	ADJ
taxlaw-2799	97	52	matter	matter	NOUN
taxlaw-2799	97	53	offset	offset	VERB
taxlaw-2799	97	54	by	by	ADP
taxlaw-2799	97	55	an	an	DET
taxlaw-2799	97	56	equivalent	equivalent	ADJ
taxlaw-2799	97	57	amount	amount	NOUN
taxlaw-2799	97	58	of	of	ADP
taxlaw-2799	97	59	cash	cash	NOUN
taxlaw-2799	97	60	,	,	PUNCT
taxlaw-2799	97	61	absent	absent	ADJ
taxlaw-2799	97	62	abuse	abuse	NOUN
taxlaw-2799	97	63	,	,	PUNCT
taxlaw-2799	97	64	and	and	CCONJ
taxlaw-2799	97	65	a	a	DET
taxlaw-2799	97	66	revenue	revenue	NOUN
taxlaw-2799	97	67	procedure	procedure	NOUN
taxlaw-2799	97	68	stating	state	VERB
taxlaw-2799	97	69	that	that	SCONJ
taxlaw-2799	97	70	the	the	DET
taxlaw-2799	97	71	service	service	NOUN
taxlaw-2799	97	72	will	will	AUX
taxlaw-2799	97	73	not	not	PART
taxlaw-2799	97	74	take	take	VERB
taxlaw-2799	97	75	the	the	DET
taxlaw-2799	97	76	position	position	NOUN
taxlaw-2799	97	77	that	that	SCONJ
taxlaw-2799	97	78	taxpayers	taxpayer	NOUN
taxlaw-2799	97	79	are	be	AUX
taxlaw-2799	97	80	obligated	obligate	VERB
taxlaw-2799	97	81	to	to	PART
taxlaw-2799	97	82	treat	treat	VERB
taxlaw-2799	97	83	upfront	upfront	ADJ
taxlaw-2799	97	84	payments	payment	NOUN
taxlaw-2799	97	85	on	on	ADP
taxlaw-2799	97	86	cds	cd	NOUN
taxlaw-2799	97	87	as	as	ADP
taxlaw-2799	97	88	deemed	deem	VERB
taxlaw-2799	97	89	loans	loan	NOUN
taxlaw-2799	97	90	until	until	SCONJ
taxlaw-2799	97	91	guidance	guidance	NOUN
taxlaw-2799	97	92	is	be	AUX
taxlaw-2799	97	93	issued	issue	VERB
taxlaw-2799	97	94	to	to	ADP
taxlaw-2799	97	95	that	that	DET
taxlaw-2799	97	96	effect	effect	NOUN
taxlaw-2799	97	97	or	or	CCONJ
taxlaw-2799	97	98	on	on	ADP
taxlaw-2799	97	99	other	other	ADJ
taxlaw-2799	97	100	swaps	swap	NOUN
taxlaw-2799	97	101	until	until	SCONJ
taxlaw-2799	97	102	the	the	DET
taxlaw-2799	97	103	meaning	meaning	NOUN
taxlaw-2799	97	104	of	of	ADP
taxlaw-2799	97	105	the	the	DET
taxlaw-2799	97	106	term	term	NOUN
taxlaw-2799	97	107	“	"	PUNCT
taxlaw-2799	97	108	significant	significant	ADJ
taxlaw-2799	97	109	”	"	PUNCT
taxlaw-2799	97	110	is	be	AUX
taxlaw-2799	97	111	clarified	clarify	VERB
taxlaw-2799	97	112	,	,	PUNCT
taxlaw-2799	97	113	again	again	ADV
taxlaw-2799	97	114	absent	absent	ADJ
taxlaw-2799	97	115	abuse	abuse	NOUN
taxlaw-2799	97	116	.	.	PUNCT
taxlaw-2799	98	1	legislative	legislative	ADJ
taxlaw-2799	98	2	amendments	amendment	NOUN
taxlaw-2799	98	3	could	could	AUX
taxlaw-2799	98	4	address	address	VERB
taxlaw-2799	98	5	the	the	DET
taxlaw-2799	98	6	§	§	PROPN
taxlaw-2799	98	7	956	956	NUM
taxlaw-2799	98	8	issue	issue	NOUN
taxlaw-2799	98	9	by	by	ADP
taxlaw-2799	98	10	adding	add	VERB
taxlaw-2799	98	11	a	a	DET
taxlaw-2799	98	12	reference	reference	NOUN
taxlaw-2799	98	13	to	to	PART
taxlaw-2799	98	14	cash	cash	VERB
taxlaw-2799	98	15	collateral	collateral	NOUN
taxlaw-2799	98	16	in	in	ADP
taxlaw-2799	98	17	§	§	PROPN
taxlaw-2799	98	18	956(c)(2)(j	956(c)(2)(j	PROPN
taxlaw-2799	98	19	)	)	PUNCT
taxlaw-2799	98	20	,	,	PUNCT
taxlaw-2799	98	21	and	and	CCONJ
taxlaw-2799	98	22	by	by	ADP
taxlaw-2799	98	23	stating	state	VERB
taxlaw-2799	98	24	an	an	DET
taxlaw-2799	98	25	expectation	expectation	NOUN
taxlaw-2799	98	26	in	in	ADP
taxlaw-2799	98	27	legislative	legislative	ADJ
taxlaw-2799	98	28	history	history	NOUN
taxlaw-2799	98	29	that	that	PRON
taxlaw-2799	98	30	the	the	DET
taxlaw-2799	98	31	service	service	NOUN
taxlaw-2799	98	32	will	will	AUX
taxlaw-2799	98	33	act	act	VERB
taxlaw-2799	98	34	as	as	SCONJ
taxlaw-2799	98	35	described	describe	VERB
taxlaw-2799	98	36	in	in	ADP
taxlaw-2799	98	37	the	the	DET
taxlaw-2799	98	38	second	second	ADJ
taxlaw-2799	98	39	half	half	NOUN
taxlaw-2799	98	40	of	of	ADP
taxlaw-2799	98	41	the	the	DET
taxlaw-2799	98	42	preceding	precede	VERB
taxlaw-2799	98	43	sentence	sentence	NOUN
taxlaw-2799	98	44	.	.	PUNCT
taxlaw-2799	99	1	part	part	NOUN
taxlaw-2799	99	2	i	i	PRON
taxlaw-2799	99	3	of	of	ADP
taxlaw-2799	99	4	the	the	DET
taxlaw-2799	99	5	article	article	NOUN
taxlaw-2799	99	6	provides	provide	VERB
taxlaw-2799	99	7	an	an	DET
taxlaw-2799	99	8	overview	overview	NOUN
taxlaw-2799	99	9	of	of	ADP
taxlaw-2799	99	10	the	the	DET
taxlaw-2799	99	11	financial	financial	ADJ
taxlaw-2799	99	12	products	product	NOUN
taxlaw-2799	99	13	discussed	discuss	VERB
taxlaw-2799	99	14	herein	herein	NOUN
taxlaw-2799	99	15	and	and	CCONJ
taxlaw-2799	99	16	the	the	DET
taxlaw-2799	99	17	tax	tax	NOUN
taxlaw-2799	99	18	rules	rule	NOUN
taxlaw-2799	99	19	currently	currently	ADV
taxlaw-2799	99	20	applicable	applicable	ADJ
taxlaw-2799	99	21	to	to	AUX
taxlaw-2799	99	22	otc	otc	VERB
taxlaw-2799	99	23	derivatives	derivative	NOUN
taxlaw-2799	99	24	and	and	CCONJ
taxlaw-2799	99	25	under	under	ADP
taxlaw-2799	99	26	§	§	PROPN
taxlaw-2799	99	27	1256	1256	NUM
taxlaw-2799	99	28	.	.	PUNCT
taxlaw-2799	100	1	readers	reader	NOUN
taxlaw-2799	100	2	familiar	familiar	ADJ
taxlaw-2799	100	3	with	with	ADP
taxlaw-2799	100	4	these	these	DET
taxlaw-2799	100	5	products	product	NOUN
taxlaw-2799	100	6	and	and	CCONJ
taxlaw-2799	100	7	rules	rule	NOUN
taxlaw-2799	100	8	can	can	AUX
taxlaw-2799	100	9	skip	skip	VERB
taxlaw-2799	100	10	over	over	ADP
taxlaw-2799	100	11	or	or	CCONJ
taxlaw-2799	100	12	skim	skim	VERB
taxlaw-2799	100	13	this	this	DET
taxlaw-2799	100	14	part	part	NOUN
taxlaw-2799	100	15	of	of	ADP
taxlaw-2799	100	16	the	the	DET
taxlaw-2799	100	17	article	article	NOUN
taxlaw-2799	100	18	.	.	PUNCT
taxlaw-2799	101	1	part	part	PROPN
taxlaw-2799	101	2	ii	ii	PROPN
taxlaw-2799	101	3	of	of	ADP
taxlaw-2799	101	4	the	the	DET
taxlaw-2799	101	5	article	article	NOUN
taxlaw-2799	101	6	discusses	discuss	VERB
taxlaw-2799	101	7	doddfrank	doddfrank	NOUN
taxlaw-2799	101	8	and	and	CCONJ
taxlaw-2799	101	9	other	other	ADJ
taxlaw-2799	101	10	changes	change	NOUN
taxlaw-2799	101	11	to	to	ADP
taxlaw-2799	101	12	the	the	DET
taxlaw-2799	101	13	law	law	NOUN
taxlaw-2799	101	14	and	and	CCONJ
taxlaw-2799	101	15	market	market	NOUN
taxlaw-2799	101	16	practice	practice	NOUN
taxlaw-2799	101	17	for	for	ADP
taxlaw-2799	101	18	derivatives	derivative	NOUN
taxlaw-2799	101	19	.	.	PUNCT
taxlaw-2799	102	1	part	part	NOUN
taxlaw-2799	102	2	iii	iii	NUM
taxlaw-2799	102	3	of	of	ADP
taxlaw-2799	102	4	the	the	DET
taxlaw-2799	102	5	article	article	NOUN
taxlaw-2799	102	6	then	then	ADV
taxlaw-2799	102	7	turns	turn	VERB
taxlaw-2799	102	8	to	to	ADP
taxlaw-2799	102	9	the	the	DET
taxlaw-2799	102	10	§	§	ADJ
taxlaw-2799	102	11	1256	1256	NUM
taxlaw-2799	102	12	issue	issue	NOUN
taxlaw-2799	102	13	,	,	PUNCT
taxlaw-2799	102	14	and	and	CCONJ
taxlaw-2799	102	15	part	part	NOUN
taxlaw-2799	102	16	iv	iv	NOUN
taxlaw-2799	102	17	of	of	ADP
taxlaw-2799	102	18	the	the	DET
taxlaw-2799	102	19	6	6	NUM
taxlaw-2799	102	20	columbia	columbia	PROPN
taxlaw-2799	102	21	jour	jour	PROPN
taxlaw-2799	102	22	al	al	PROPN
taxlaw-2799	102	23	of	of	ADP
taxlaw-2799	102	24	tax	tax	NOUN
taxlaw-2799	102	25	law	law	NOUN
taxlaw-2799	103	1	[	[	X
taxlaw-2799	103	2	vol	vol	NOUN
taxlaw-2799	103	3	.	.	PUNCT
taxlaw-2799	103	4	2:1	2:1	NUM
taxlaw-2799	103	5	article	article	NOUN
taxlaw-2799	103	6	discusses	discuss	VERB
taxlaw-2799	103	7	the	the	DET
taxlaw-2799	103	8	issues	issue	NOUN
taxlaw-2799	103	9	arising	arise	VERB
taxlaw-2799	103	10	from	from	ADP
taxlaw-2799	103	11	upfront	upfront	ADJ
taxlaw-2799	103	12	payments	payment	NOUN
taxlaw-2799	103	13	on	on	ADP
taxlaw-2799	103	14	centrally	centrally	ADV
taxlaw-2799	103	15	cleared	clear	VERB
taxlaw-2799	103	16	swaps	swap	NOUN
taxlaw-2799	103	17	.	.	PUNCT
taxlaw-2799	104	1	i.	i.	NOUN
taxlaw-2799	104	2	overview	overview	NOUN
taxlaw-2799	104	3	of	of	ADP
taxlaw-2799	104	4	products	product	NOUN
taxlaw-2799	104	5	and	and	CCONJ
taxlaw-2799	104	6	tax	tax	NOUN
taxlaw-2799	104	7	rules	rule	NOUN
taxlaw-2799	104	8	.	.	PUNCT
taxlaw-2799	105	1	as	as	SCONJ
taxlaw-2799	105	2	noted	note	VERB
taxlaw-2799	105	3	above	above	ADV
taxlaw-2799	105	4	,	,	PUNCT
taxlaw-2799	105	5	otc	otc	PROPN
taxlaw-2799	105	6	derivative	derivative	ADJ
taxlaw-2799	105	7	financial	financial	ADJ
taxlaw-2799	105	8	products	product	NOUN
taxlaw-2799	105	9	historically	historically	ADV
taxlaw-2799	105	10	have	have	AUX
taxlaw-2799	105	11	been	be	AUX
taxlaw-2799	105	12	subject	subject	ADJ
taxlaw-2799	105	13	to	to	ADP
taxlaw-2799	105	14	the	the	DET
taxlaw-2799	105	15	conventional	conventional	ADJ
taxlaw-2799	105	16	realization	realization	NOUN
taxlaw-2799	105	17	method	method	NOUN
taxlaw-2799	105	18	of	of	ADP
taxlaw-2799	105	19	accounting	accounting	NOUN
taxlaw-2799	105	20	.	.	PUNCT
taxlaw-2799	106	1	when	when	SCONJ
taxlaw-2799	106	2	applied	apply	VERB
taxlaw-2799	106	3	to	to	ADP
taxlaw-2799	106	4	derivatives	derivative	NOUN
taxlaw-2799	106	5	,	,	PUNCT
taxlaw-2799	106	6	those	those	DET
taxlaw-2799	106	7	rules	rule	NOUN
taxlaw-2799	106	8	can	can	AUX
taxlaw-2799	106	9	become	become	VERB
taxlaw-2799	106	10	quite	quite	ADV
taxlaw-2799	106	11	complex	complex	ADJ
taxlaw-2799	106	12	,	,	PUNCT
taxlaw-2799	106	13	as	as	SCONJ
taxlaw-2799	106	14	the	the	DET
taxlaw-2799	106	15	basic	basic	ADJ
taxlaw-2799	106	16	rules	rule	NOUN
taxlaw-2799	106	17	have	have	AUX
taxlaw-2799	106	18	been	be	AUX
taxlaw-2799	106	19	overlaid	overlay	VERB
taxlaw-2799	106	20	with	with	ADP
taxlaw-2799	106	21	a	a	DET
taxlaw-2799	106	22	hodgepodge	hodgepodge	NOUN
taxlaw-2799	106	23	of	of	ADP
taxlaw-2799	106	24	special	special	ADJ
taxlaw-2799	106	25	rules	rule	NOUN
taxlaw-2799	106	26	intended	intend	VERB
taxlaw-2799	106	27	to	to	PART
taxlaw-2799	106	28	take	take	VERB
taxlaw-2799	106	29	into	into	ADP
taxlaw-2799	106	30	account	account	NOUN
taxlaw-2799	106	31	the	the	DET
taxlaw-2799	106	32	fact	fact	NOUN
taxlaw-2799	106	33	that	that	SCONJ
taxlaw-2799	106	34	many	many	ADJ
taxlaw-2799	106	35	derivative	derivative	ADJ
taxlaw-2799	106	36	financial	financial	ADJ
taxlaw-2799	106	37	products	product	NOUN
taxlaw-2799	106	38	resemble	resemble	VERB
taxlaw-2799	106	39	,	,	PUNCT
taxlaw-2799	106	40	or	or	CCONJ
taxlaw-2799	106	41	are	be	AUX
taxlaw-2799	106	42	comprised	comprise	VERB
taxlaw-2799	106	43	of	of	ADP
taxlaw-2799	106	44	,	,	PUNCT
taxlaw-2799	106	45	other	other	ADJ
taxlaw-2799	106	46	such	such	ADJ
taxlaw-2799	106	47	products	product	NOUN
taxlaw-2799	106	48	,	,	PUNCT
taxlaw-2799	106	49	the	the	DET
taxlaw-2799	106	50	liquidity	liquidity	NOUN
taxlaw-2799	106	51	of	of	ADP
taxlaw-2799	106	52	many	many	ADJ
taxlaw-2799	106	53	derivatives	derivative	NOUN
taxlaw-2799	106	54	,	,	PUNCT
taxlaw-2799	106	55	and	and	CCONJ
taxlaw-2799	106	56	their	their	PRON
taxlaw-2799	106	57	widespread	widespread	ADJ
taxlaw-2799	106	58	use	use	NOUN
taxlaw-2799	106	59	as	as	ADP
taxlaw-2799	106	60	hedges	hedge	NOUN
taxlaw-2799	106	61	for	for	ADP
taxlaw-2799	106	62	business	business	NOUN
taxlaw-2799	106	63	risks	risk	NOUN
taxlaw-2799	106	64	.	.	PUNCT
taxlaw-2799	107	1	part	part	NOUN
taxlaw-2799	107	2	i	i	PRON
taxlaw-2799	107	3	briefly	briefly	ADV
taxlaw-2799	107	4	describes	describe	VERB
taxlaw-2799	107	5	several	several	ADJ
taxlaw-2799	107	6	derivatives	derivative	NOUN
taxlaw-2799	107	7	that	that	PRON
taxlaw-2799	107	8	will	will	AUX
taxlaw-2799	107	9	be	be	AUX
taxlaw-2799	107	10	referred	refer	VERB
taxlaw-2799	107	11	to	to	ADP
taxlaw-2799	107	12	throughout	throughout	ADP
taxlaw-2799	107	13	this	this	DET
taxlaw-2799	107	14	article	article	NOUN
taxlaw-2799	107	15	and	and	CCONJ
taxlaw-2799	107	16	the	the	DET
taxlaw-2799	107	17	basic	basic	ADJ
taxlaw-2799	107	18	rules	rule	NOUN
taxlaw-2799	107	19	applicable	applicable	ADJ
taxlaw-2799	107	20	to	to	ADP
taxlaw-2799	107	21	them	they	PRON
taxlaw-2799	107	22	,	,	PUNCT
taxlaw-2799	107	23	as	as	ADV
taxlaw-2799	107	24	well	well	ADV
taxlaw-2799	107	25	as	as	ADP
taxlaw-2799	107	26	some	some	DET
taxlaw-2799	107	27	discussion	discussion	NOUN
taxlaw-2799	107	28	of	of	ADP
taxlaw-2799	107	29	special	special	ADJ
taxlaw-2799	107	30	hedging	hedging	NOUN
taxlaw-2799	107	31	and	and	CCONJ
taxlaw-2799	107	32	mark	mark	NOUN
taxlaw-2799	107	33	-	-	PUNCT
taxlaw-2799	107	34	to	to	ADP
taxlaw-2799	107	35	-	-	PUNCT
taxlaw-2799	107	36	market	market	NOUN
taxlaw-2799	107	37	rules	rule	NOUN
taxlaw-2799	107	38	affecting	affect	VERB
taxlaw-2799	107	39	derivatives	derivative	NOUN
taxlaw-2799	107	40	.	.	PUNCT
taxlaw-2799	108	1	part	part	NOUN
taxlaw-2799	108	2	i	i	PRON
taxlaw-2799	108	3	also	also	ADV
taxlaw-2799	108	4	provides	provide	VERB
taxlaw-2799	108	5	an	an	DET
taxlaw-2799	108	6	overview	overview	NOUN
taxlaw-2799	108	7	of	of	ADP
taxlaw-2799	108	8	the	the	DET
taxlaw-2799	108	9	rules	rule	NOUN
taxlaw-2799	108	10	of	of	ADP
taxlaw-2799	108	11	§	§	PROPN
taxlaw-2799	108	12	1256	1256	NUM
taxlaw-2799	108	13	.	.	PUNCT
taxlaw-2799	109	1	a.	a.	NOUN
taxlaw-2799	109	2	description	description	NOUN
taxlaw-2799	109	3	of	of	ADP
taxlaw-2799	109	4	certain	certain	ADJ
taxlaw-2799	109	5	common	common	ADJ
taxlaw-2799	109	6	derivative	derivative	ADJ
taxlaw-2799	109	7	financial	financial	ADJ
taxlaw-2799	109	8	instruments	instrument	NOUN
taxlaw-2799	109	9	.	.	PUNCT
taxlaw-2799	110	1	1	1	X
taxlaw-2799	110	2	.	.	X
taxlaw-2799	110	3	interest	interest	NOUN
taxlaw-2799	110	4	rate	rate	NOUN
taxlaw-2799	110	5	swaps	swap	NOUN
taxlaw-2799	110	6	.	.	PUNCT
taxlaw-2799	111	1	probably	probably	ADV
taxlaw-2799	111	2	the	the	DET
taxlaw-2799	111	3	most	most	ADV
taxlaw-2799	111	4	common	common	ADJ
taxlaw-2799	111	5	type	type	NOUN
taxlaw-2799	111	6	of	of	ADP
taxlaw-2799	111	7	swap	swap	NOUN
taxlaw-2799	111	8	is	be	AUX
taxlaw-2799	111	9	an	an	DET
taxlaw-2799	111	10	interest	interest	NOUN
taxlaw-2799	111	11	rate	rate	NOUN
taxlaw-2799	111	12	swap	swap	NOUN
taxlaw-2799	111	13	.	.	PUNCT
taxlaw-2799	112	1	under	under	ADP
taxlaw-2799	112	2	the	the	DET
taxlaw-2799	112	3	terms	term	NOUN
taxlaw-2799	112	4	of	of	ADP
taxlaw-2799	112	5	a	a	DET
taxlaw-2799	112	6	standard	standard	ADJ
taxlaw-2799	112	7	interest	interest	NOUN
taxlaw-2799	112	8	rate	rate	NOUN
taxlaw-2799	112	9	swap	swap	NOUN
taxlaw-2799	112	10	,	,	PUNCT
taxlaw-2799	112	11	one	one	NUM
taxlaw-2799	112	12	party	party	NOUN
taxlaw-2799	112	13	agrees	agree	VERB
taxlaw-2799	112	14	to	to	PART
taxlaw-2799	112	15	pay	pay	VERB
taxlaw-2799	112	16	amounts	amount	NOUN
taxlaw-2799	112	17	determined	determine	VERB
taxlaw-2799	112	18	by	by	ADP
taxlaw-2799	112	19	reference	reference	NOUN
taxlaw-2799	112	20	to	to	ADP
taxlaw-2799	112	21	a	a	DET
taxlaw-2799	112	22	fixed	fix	VERB
taxlaw-2799	112	23	rate	rate	NOUN
taxlaw-2799	112	24	,	,	PUNCT
taxlaw-2799	112	25	e.g.	e.g.	ADV
taxlaw-2799	112	26	,	,	PUNCT
taxlaw-2799	112	27	6	6	NUM
taxlaw-2799	112	28	%	%	NOUN
taxlaw-2799	112	29	,	,	PUNCT
taxlaw-2799	112	30	and	and	CCONJ
taxlaw-2799	112	31	the	the	DET
taxlaw-2799	112	32	other	other	ADJ
taxlaw-2799	112	33	party	party	NOUN
taxlaw-2799	112	34	agrees	agree	VERB
taxlaw-2799	112	35	to	to	PART
taxlaw-2799	112	36	pay	pay	VERB
taxlaw-2799	112	37	amounts	amount	NOUN
taxlaw-2799	112	38	on	on	ADP
taxlaw-2799	112	39	the	the	DET
taxlaw-2799	112	40	same	same	ADJ
taxlaw-2799	112	41	payment	payment	NOUN
taxlaw-2799	112	42	dates	date	NOUN
taxlaw-2799	112	43	determined	determine	VERB
taxlaw-2799	112	44	by	by	ADP
taxlaw-2799	112	45	reference	reference	NOUN
taxlaw-2799	112	46	to	to	ADP
taxlaw-2799	112	47	a	a	DET
taxlaw-2799	112	48	floating	float	VERB
taxlaw-2799	112	49	rate	rate	NOUN
taxlaw-2799	112	50	,	,	PUNCT
taxlaw-2799	112	51	usually	usually	ADV
taxlaw-2799	112	52	the	the	DET
taxlaw-2799	112	53	london	london	PROPN
taxlaw-2799	112	54	interbank	interbank	ADV
taxlaw-2799	112	55	offered	offer	VERB
taxlaw-2799	112	56	rate	rate	NOUN
taxlaw-2799	112	57	(	(	PUNCT
taxlaw-2799	112	58	“	"	PUNCT
taxlaw-2799	112	59	libor	libor	PROPN
taxlaw-2799	112	60	”	"	PUNCT
taxlaw-2799	112	61	)	)	PUNCT
taxlaw-2799	112	62	.	.	PUNCT
taxlaw-2799	113	1	both	both	DET
taxlaw-2799	113	2	payments	payment	NOUN
taxlaw-2799	113	3	are	be	AUX
taxlaw-2799	113	4	determined	determine	VERB
taxlaw-2799	113	5	by	by	ADP
taxlaw-2799	113	6	multiplying	multiply	VERB
taxlaw-2799	113	7	the	the	DET
taxlaw-2799	113	8	applicable	applicable	ADJ
taxlaw-2799	113	9	rate	rate	NOUN
taxlaw-2799	113	10	by	by	ADP
taxlaw-2799	113	11	the	the	DET
taxlaw-2799	113	12	same	same	ADJ
taxlaw-2799	113	13	“	"	PUNCT
taxlaw-2799	113	14	notional	notional	ADJ
taxlaw-2799	113	15	principal	principal	ADJ
taxlaw-2799	113	16	amount	amount	NOUN
taxlaw-2799	113	17	,	,	PUNCT
taxlaw-2799	113	18	”	"	PUNCT
taxlaw-2799	113	19	a	a	DET
taxlaw-2799	113	20	hypothetical	hypothetical	ADJ
taxlaw-2799	113	21	amount	amount	NOUN
taxlaw-2799	113	22	used	use	VERB
taxlaw-2799	113	23	to	to	PART
taxlaw-2799	113	24	determine	determine	VERB
taxlaw-2799	113	25	the	the	DET
taxlaw-2799	113	26	parties	party	NOUN
taxlaw-2799	113	27	’	’	PART
taxlaw-2799	113	28	payment	payment	NOUN
taxlaw-2799	113	29	obligations	obligation	NOUN
taxlaw-2799	113	30	but	but	CCONJ
taxlaw-2799	113	31	that	that	PRON
taxlaw-2799	113	32	is	be	AUX
taxlaw-2799	113	33	not	not	PART
taxlaw-2799	113	34	paid	pay	VERB
taxlaw-2799	113	35	or	or	CCONJ
taxlaw-2799	113	36	otherwise	otherwise	ADV
taxlaw-2799	113	37	transferred	transfer	VERB
taxlaw-2799	113	38	between	between	ADP
taxlaw-2799	113	39	the	the	DET
taxlaw-2799	113	40	parties	party	NOUN
taxlaw-2799	113	41	.	.	PUNCT
taxlaw-2799	114	1	the	the	DET
taxlaw-2799	114	2	sole	sole	ADJ
taxlaw-2799	114	3	payments	payment	NOUN
taxlaw-2799	114	4	on	on	ADP
taxlaw-2799	114	5	an	an	DET
taxlaw-2799	114	6	at	at	ADP
taxlaw-2799	114	7	-	-	PUNCT
taxlaw-2799	114	8	market	market	NOUN
taxlaw-2799	114	9	interest	interest	NOUN
taxlaw-2799	114	10	rate	rate	NOUN
taxlaw-2799	114	11	swap	swap	NOUN
taxlaw-2799	114	12	are	be	AUX
taxlaw-2799	114	13	these	these	DET
taxlaw-2799	114	14	periodic	periodic	ADJ
taxlaw-2799	114	15	payments	payment	NOUN
taxlaw-2799	114	16	,	,	PUNCT
taxlaw-2799	114	17	which	which	PRON
taxlaw-2799	114	18	typically	typically	ADV
taxlaw-2799	114	19	are	be	AUX
taxlaw-2799	114	20	made	make	VERB
taxlaw-2799	114	21	semi	semi	ADJ
taxlaw-2799	114	22	-	-	ADJ
taxlaw-2799	114	23	annually	annually	ADV
taxlaw-2799	114	24	,	,	PUNCT
taxlaw-2799	114	25	and	and	CCONJ
taxlaw-2799	114	26	are	be	AUX
taxlaw-2799	114	27	netted	net	VERB
taxlaw-2799	114	28	so	so	SCONJ
taxlaw-2799	114	29	that	that	SCONJ
taxlaw-2799	114	30	only	only	ADV
taxlaw-2799	114	31	the	the	DET
taxlaw-2799	114	32	difference	difference	NOUN
taxlaw-2799	114	33	between	between	ADP
taxlaw-2799	114	34	the	the	DET
taxlaw-2799	114	35	fixed	fix	VERB
taxlaw-2799	114	36	and	and	CCONJ
taxlaw-2799	114	37	floating	float	VERB
taxlaw-2799	114	38	amounts	amount	NOUN
taxlaw-2799	114	39	is	be	AUX
taxlaw-2799	114	40	paid	pay	VERB
taxlaw-2799	114	41	.	.	PUNCT
taxlaw-2799	115	1	interest	interest	NOUN
taxlaw-2799	115	2	rate	rate	NOUN
taxlaw-2799	115	3	swaps	swap	NOUN
taxlaw-2799	115	4	are	be	AUX
taxlaw-2799	115	5	widely	widely	ADV
taxlaw-2799	115	6	used	use	VERB
taxlaw-2799	115	7	to	to	PART
taxlaw-2799	115	8	hedge	hedge	VERB
taxlaw-2799	115	9	interest	interest	NOUN
taxlaw-2799	115	10	rate	rate	NOUN
taxlaw-2799	115	11	risks	risk	NOUN
taxlaw-2799	115	12	,	,	PUNCT
taxlaw-2799	115	13	for	for	ADP
taxlaw-2799	115	14	example	example	NOUN
taxlaw-2799	115	15	by	by	ADP
taxlaw-2799	115	16	an	an	DET
taxlaw-2799	115	17	issuer	issuer	NOUN
taxlaw-2799	115	18	that	that	PRON
taxlaw-2799	115	19	issues	issue	VERB
taxlaw-2799	115	20	debt	debt	NOUN
taxlaw-2799	115	21	or	or	CCONJ
taxlaw-2799	115	22	a	a	DET
taxlaw-2799	115	23	company	company	NOUN
taxlaw-2799	115	24	with	with	ADP
taxlaw-2799	115	25	assets	asset	NOUN
taxlaw-2799	115	26	or	or	CCONJ
taxlaw-2799	115	27	non	non	ADJ
taxlaw-2799	115	28	-	-	ADJ
taxlaw-2799	115	29	debt	debt	ADJ
taxlaw-2799	115	30	liabilities	liability	NOUN
taxlaw-2799	115	31	that	that	PRON
taxlaw-2799	115	32	are	be	AUX
taxlaw-2799	115	33	interest	interest	NOUN
taxlaw-2799	115	34	rate	rate	NOUN
taxlaw-2799	115	35	-	-	PUNCT
taxlaw-2799	115	36	sensitive	sensitive	ADJ
taxlaw-2799	115	37	.	.	PUNCT
taxlaw-2799	116	1	because	because	SCONJ
taxlaw-2799	116	2	the	the	DET
taxlaw-2799	116	3	cost	cost	NOUN
taxlaw-2799	116	4	of	of	ADP
taxlaw-2799	116	5	money	money	NOUN
taxlaw-2799	116	6	is	be	AUX
taxlaw-2799	116	7	so	so	ADV
taxlaw-2799	116	8	fundamental	fundamental	ADJ
taxlaw-2799	116	9	an	an	DET
taxlaw-2799	116	10	economic	economic	ADJ
taxlaw-2799	116	11	factor	factor	NOUN
taxlaw-2799	116	12	,	,	PUNCT
taxlaw-2799	116	13	and	and	CCONJ
taxlaw-2799	116	14	because	because	SCONJ
taxlaw-2799	116	15	different	different	ADJ
taxlaw-2799	116	16	parts	part	NOUN
taxlaw-2799	116	17	of	of	ADP
taxlaw-2799	116	18	the	the	DET
taxlaw-2799	116	19	fixed	fix	VERB
taxlaw-2799	116	20	income	income	NOUN
taxlaw-2799	116	21	market	market	NOUN
taxlaw-2799	116	22	operate	operate	VERB
taxlaw-2799	116	23	on	on	ADP
taxlaw-2799	116	24	the	the	DET
taxlaw-2799	116	25	basis	basis	NOUN
taxlaw-2799	116	26	of	of	ADP
taxlaw-2799	116	27	different	different	ADJ
taxlaw-2799	116	28	rate	rate	NOUN
taxlaw-2799	116	29	bases	basis	NOUN
taxlaw-2799	116	30	,	,	PUNCT
taxlaw-2799	116	31	the	the	DET
taxlaw-2799	116	32	interest	interest	NOUN
taxlaw-2799	116	33	rate	rate	NOUN
taxlaw-2799	116	34	swap	swap	NOUN
taxlaw-2799	116	35	markets	market	NOUN
taxlaw-2799	116	36	are	be	AUX
taxlaw-2799	116	37	very	very	ADV
taxlaw-2799	116	38	liquid	liquid	ADJ
taxlaw-2799	116	39	,	,	PUNCT
taxlaw-2799	116	40	very	very	ADV
taxlaw-2799	116	41	competitive	competitive	ADJ
taxlaw-2799	116	42	,	,	PUNCT
taxlaw-2799	116	43	and	and	CCONJ
taxlaw-2799	116	44	very	very	ADV
taxlaw-2799	116	45	large	large	ADJ
taxlaw-2799	116	46	.	.	PUNCT
taxlaw-2799	117	1	according	accord	VERB
taxlaw-2799	117	2	to	to	ADP
taxlaw-2799	117	3	the	the	DET
taxlaw-2799	117	4	most	most	ADV
taxlaw-2799	117	5	recent	recent	ADJ
taxlaw-2799	117	6	authoritative	authoritative	ADJ
taxlaw-2799	117	7	market	market	NOUN
taxlaw-2799	117	8	survey	survey	NOUN
taxlaw-2799	117	9	,	,	PUNCT
taxlaw-2799	117	10	there	there	PRON
taxlaw-2799	117	11	are	be	VERB
taxlaw-2799	117	12	over	over	ADP
taxlaw-2799	117	13	a	a	DET
taxlaw-2799	117	14	hundred	hundred	NUM
taxlaw-2799	117	15	trillion	trillion	NUM
taxlaw-2799	117	16	dollars	dollar	NOUN
taxlaw-2799	117	17	(	(	PUNCT
taxlaw-2799	117	18	notional	notional	ADJ
taxlaw-2799	117	19	principal	principal	ADJ
taxlaw-2799	117	20	amount	amount	NOUN
taxlaw-2799	117	21	)	)	PUNCT
taxlaw-2799	117	22	of	of	ADP
taxlaw-2799	117	23	u.s	u.s	PROPN
taxlaw-2799	117	24	.	.	PROPN
taxlaw-2799	117	25	dollar	dollar	NOUN
taxlaw-2799	117	26	-	-	PUNCT
taxlaw-2799	117	27	denominated	denominate	VERB
taxlaw-2799	117	28	interest	interest	NOUN
taxlaw-2799	117	29	rate	rate	NOUN
taxlaw-2799	117	30	swaps	swap	NOUN
taxlaw-2799	117	31	outstanding.4	outstanding.4	PROPN
taxlaw-2799	117	32	4	4	NUM
taxlaw-2799	117	33	the	the	DET
taxlaw-2799	117	34	bank	bank	NOUN
taxlaw-2799	117	35	for	for	ADP
taxlaw-2799	117	36	international	international	ADJ
taxlaw-2799	117	37	settlements	settlement	NOUN
taxlaw-2799	117	38	reported	report	VERB
taxlaw-2799	117	39	$	$	SYM
taxlaw-2799	117	40	347.5	347.5	NUM
taxlaw-2799	117	41	trillion	trillion	NUM
taxlaw-2799	117	42	notional	notional	ADJ
taxlaw-2799	117	43	principal	principal	ADJ
taxlaw-2799	117	44	amount	amount	NOUN
taxlaw-2799	117	45	of	of	ADP
taxlaw-2799	117	46	interest	interest	NOUN
taxlaw-2799	117	47	rate	rate	NOUN
taxlaw-2799	117	48	swaps	swap	NOUN
taxlaw-2799	117	49	outstanding	outstanding	ADJ
taxlaw-2799	117	50	globally	globally	ADV
taxlaw-2799	117	51	at	at	ADP
taxlaw-2799	117	52	the	the	DET
taxlaw-2799	117	53	end	end	NOUN
taxlaw-2799	117	54	of	of	ADP
taxlaw-2799	117	55	june	june	PROPN
taxlaw-2799	117	56	2010	2010	NUM
taxlaw-2799	117	57	.	.	PUNCT
taxlaw-2799	118	1	while	while	SCONJ
taxlaw-2799	118	2	there	there	PRON
taxlaw-2799	118	3	is	be	VERB
taxlaw-2799	118	4	no	no	DET
taxlaw-2799	118	5	break	break	NOUN
taxlaw-2799	118	6	-	-	PUNCT
taxlaw-2799	118	7	out	out	NOUN
taxlaw-2799	118	8	of	of	ADP
taxlaw-2799	118	9	u.s	u.s	PROPN
taxlaw-2799	118	10	.	.	PROPN
taxlaw-2799	118	11	dollar	dollar	NOUN
taxlaw-2799	118	12	-	-	PUNCT
taxlaw-2799	118	13	denominated	denominate	VERB
taxlaw-2799	118	14	interest	interest	NOUN
taxlaw-2799	118	15	rate	rate	NOUN
taxlaw-2799	118	16	swaps	swap	NOUN
taxlaw-2799	118	17	,	,	PUNCT
taxlaw-2799	118	18	if	if	SCONJ
taxlaw-2799	118	19	such	such	ADJ
taxlaw-2799	118	20	swaps	swap	NOUN
taxlaw-2799	118	21	represented	represent	VERB
taxlaw-2799	118	22	the	the	DET
taxlaw-2799	118	23	same	same	ADJ
taxlaw-2799	118	24	percentage	percentage	NOUN
taxlaw-2799	118	25	of	of	ADP
taxlaw-2799	118	26	total	total	ADJ
taxlaw-2799	118	27	interest	interest	NOUN
taxlaw-2799	118	28	rate	rate	NOUN
taxlaw-2799	118	29	swaps	swap	NOUN
taxlaw-2799	118	30	as	as	ADP
taxlaw-2799	118	31	u.s	u.s	PROPN
taxlaw-2799	118	32	.	.	PROPN
taxlaw-2799	118	33	dollar	dollar	NOUN
taxlaw-2799	118	34	-	-	PUNCT
taxlaw-2799	118	35	denominated	denominate	VERB
taxlaw-2799	118	36	interest	interest	NOUN
taxlaw-2799	118	37	rate	rate	NOUN
taxlaw-2799	118	38	derivatives	derivative	NOUN
taxlaw-2799	118	39	represented	represent	VERB
taxlaw-2799	118	40	of	of	ADP
taxlaw-2799	118	41	all	all	DET
taxlaw-2799	118	42	interest	interest	NOUN
taxlaw-2799	118	43	rate	rate	NOUN
taxlaw-2799	118	44	derivatives	derivative	NOUN
taxlaw-2799	118	45	,	,	PUNCT
taxlaw-2799	118	46	there	there	PRON
taxlaw-2799	118	47	would	would	AUX
taxlaw-2799	118	48	be	be	AUX
taxlaw-2799	118	49	about	about	ADP
taxlaw-2799	118	50	$	$	SYM
taxlaw-2799	118	51	126	126	NUM
taxlaw-2799	118	52	trillion	trillion	NUM
taxlaw-2799	118	53	notional	notional	ADJ
taxlaw-2799	118	54	principal	principal	ADJ
taxlaw-2799	118	55	amount	amount	NOUN
taxlaw-2799	118	56	of	of	ADP
taxlaw-2799	118	57	u.s	u.s	PROPN
taxlaw-2799	118	58	.	.	PROPN
taxlaw-2799	118	59	dollar	dollar	NOUN
taxlaw-2799	118	60	-	-	PUNCT
taxlaw-2799	118	61	denominated	denominate	VERB
taxlaw-2799	118	62	interest	interest	NOUN
taxlaw-2799	118	63	rate	rate	NOUN
taxlaw-2799	118	64	swaps	swap	NOUN
taxlaw-2799	118	65	.	.	PUNCT
taxlaw-2799	119	1	karsten	karsten	PROPN
taxlaw-2799	119	2	von	von	PROPN
taxlaw-2799	119	3	kleist	kleist	PROPN
taxlaw-2799	119	4	&	&	CCONJ
taxlaw-2799	119	5	carlos	carlos	PROPN
taxlaw-2799	119	6	mallo	mallo	PROPN
taxlaw-2799	119	7	,	,	PUNCT
taxlaw-2799	119	8	bank	bank	NOUN
taxlaw-2799	119	9	for	for	ADP
taxlaw-2799	119	10	int’l	int’l	NUM
taxlaw-2799	119	11	settlements	settlement	NOUN
taxlaw-2799	119	12	,	,	PUNCT
taxlaw-2799	119	13	triennial	triennial	ADJ
taxlaw-2799	119	14	and	and	CCONJ
taxlaw-2799	119	15	semiannual	semiannual	ADJ
taxlaw-2799	119	16	surveys	survey	NOUN
taxlaw-2799	119	17	:	:	PUNCT
taxlaw-2799	119	18	positions	position	NOUN
taxlaw-2799	119	19	in	in	ADP
taxlaw-2799	119	20	global	global	ADJ
taxlaw-2799	119	21	over	over	ADP
taxlaw-2799	119	22	-	-	PUNCT
taxlaw-2799	119	23	the	the	DET
taxlaw-2799	119	24	-	-	PUNCT
taxlaw-2799	119	25	counter	counter	NOUN
taxlaw-2799	119	26	(	(	PUNCT
taxlaw-2799	119	27	otc	otc	PROPN
taxlaw-2799	119	28	)	)	PUNCT
taxlaw-2799	119	29	derivatives	derivative	NOUN
taxlaw-2799	119	30	markets	market	NOUN
taxlaw-2799	119	31	at	at	ADP
taxlaw-2799	119	32	end	end	NOUN
taxlaw-2799	119	33	-	-	PUNCT
taxlaw-2799	119	34	june	june	PROPN
taxlaw-2799	119	35	2010	2010	NUM
taxlaw-2799	119	36	,	,	PUNCT
taxlaw-2799	119	37	16	16	NUM
taxlaw-2799	119	38	,	,	PUNCT
taxlaw-2799	119	39	18	18	NUM
taxlaw-2799	119	40	tbls.1	tbls.1	PROPN
taxlaw-2799	119	41	&	&	CCONJ
taxlaw-2799	119	42	3	3	NUM
taxlaw-2799	119	43	(	(	PUNCT
taxlaw-2799	119	44	nov	nov	PROPN
taxlaw-2799	119	45	.	.	PROPN
taxlaw-2799	119	46	2010	2010	NUM
taxlaw-2799	119	47	)	)	PUNCT
taxlaw-2799	119	48	,	,	PUNCT
taxlaw-2799	119	49	available	available	ADJ
taxlaw-2799	119	50	at	at	ADP
taxlaw-2799	119	51	www.bis.org/publ/otc_hy1011.pdf	www.bis.org/publ/otc_hy1011.pdf	PROPN
taxlaw-2799	119	52	.	.	PUNCT
taxlaw-2799	120	1	2011	2011	NUM
taxlaw-2799	120	2	]	]	PUNCT
taxlaw-2799	120	3	ew	ew	AUX
taxlaw-2799	120	4	tax	tax	NOUN
taxlaw-2799	120	5	issues	issue	NOUN
taxlaw-2799	120	6	arisi	arisi	VERB
taxlaw-2799	120	7	g	g	PROPN
taxlaw-2799	120	8	from	from	ADP
taxlaw-2799	120	9	the	the	DET
taxlaw-2799	120	10	dodd	dodd	NOUN
taxlaw-2799	120	11	-	-	PUNCT
taxlaw-2799	120	12	fra	fra	PROPN
taxlaw-2799	120	13	k	k	PROPN
taxlaw-2799	120	14	act	act	VERB
taxlaw-2799	120	15	7	7	NUM
taxlaw-2799	120	16	a	a	DET
taxlaw-2799	120	17	foreign	foreign	ADJ
taxlaw-2799	120	18	currency	currency	NOUN
taxlaw-2799	120	19	swap	swap	NOUN
taxlaw-2799	120	20	is	be	AUX
taxlaw-2799	120	21	similar	similar	ADJ
taxlaw-2799	120	22	to	to	ADP
taxlaw-2799	120	23	an	an	DET
taxlaw-2799	120	24	interest	interest	NOUN
taxlaw-2799	120	25	rate	rate	NOUN
taxlaw-2799	120	26	swap	swap	NOUN
taxlaw-2799	120	27	,	,	PUNCT
taxlaw-2799	120	28	except	except	SCONJ
taxlaw-2799	120	29	that	that	SCONJ
taxlaw-2799	120	30	one	one	NUM
taxlaw-2799	120	31	party	party	NOUN
taxlaw-2799	120	32	’s	’s	PART
taxlaw-2799	120	33	payments	payment	NOUN
taxlaw-2799	120	34	are	be	AUX
taxlaw-2799	120	35	denominated	denominate	VERB
taxlaw-2799	120	36	in	in	ADP
taxlaw-2799	120	37	and	and	CCONJ
taxlaw-2799	120	38	determined	determine	VERB
taxlaw-2799	120	39	by	by	ADP
taxlaw-2799	120	40	reference	reference	NOUN
taxlaw-2799	120	41	to	to	ADP
taxlaw-2799	120	42	one	one	NUM
taxlaw-2799	120	43	currency	currency	NOUN
taxlaw-2799	120	44	and	and	CCONJ
taxlaw-2799	120	45	the	the	DET
taxlaw-2799	120	46	other	other	ADJ
taxlaw-2799	120	47	party	party	NOUN
taxlaw-2799	120	48	’s	’s	PART
taxlaw-2799	120	49	payments	payment	NOUN
taxlaw-2799	120	50	are	be	AUX
taxlaw-2799	120	51	denominated	denominate	VERB
taxlaw-2799	120	52	in	in	ADP
taxlaw-2799	120	53	and	and	CCONJ
taxlaw-2799	120	54	determined	determine	VERB
taxlaw-2799	120	55	by	by	ADP
taxlaw-2799	120	56	reference	reference	NOUN
taxlaw-2799	120	57	to	to	ADP
taxlaw-2799	120	58	a	a	DET
taxlaw-2799	120	59	second	second	ADJ
taxlaw-2799	120	60	currency	currency	NOUN
taxlaw-2799	120	61	.	.	PUNCT
taxlaw-2799	121	1	the	the	DET
taxlaw-2799	121	2	payments	payment	NOUN
taxlaw-2799	121	3	are	be	AUX
taxlaw-2799	121	4	both	both	PRON
taxlaw-2799	121	5	fixed	fix	VERB
taxlaw-2799	121	6	rate	rate	NOUN
taxlaw-2799	121	7	,	,	PUNCT
taxlaw-2799	121	8	and	and	CCONJ
taxlaw-2799	121	9	the	the	DET
taxlaw-2799	121	10	parties	party	NOUN
taxlaw-2799	121	11	will	will	AUX
taxlaw-2799	121	12	exchange	exchange	VERB
taxlaw-2799	121	13	the	the	DET
taxlaw-2799	121	14	principal	principal	ADJ
taxlaw-2799	121	15	amount	amount	NOUN
taxlaw-2799	121	16	at	at	ADP
taxlaw-2799	121	17	the	the	DET
taxlaw-2799	121	18	end	end	NOUN
taxlaw-2799	121	19	and	and	CCONJ
taxlaw-2799	121	20	sometimes	sometimes	ADV
taxlaw-2799	121	21	at	at	ADP
taxlaw-2799	121	22	the	the	DET
taxlaw-2799	121	23	beginning	beginning	NOUN
taxlaw-2799	121	24	of	of	ADP
taxlaw-2799	121	25	the	the	DET
taxlaw-2799	121	26	transaction	transaction	NOUN
taxlaw-2799	121	27	.	.	PUNCT
taxlaw-2799	122	1	a	a	DET
taxlaw-2799	122	2	swap	swap	NOUN
taxlaw-2799	122	3	may	may	AUX
taxlaw-2799	122	4	combine	combine	VERB
taxlaw-2799	122	5	interest	interest	NOUN
taxlaw-2799	122	6	rate	rate	NOUN
taxlaw-2799	122	7	and	and	CCONJ
taxlaw-2799	122	8	foreign	foreign	ADJ
taxlaw-2799	122	9	currency	currency	NOUN
taxlaw-2799	122	10	risk	risk	NOUN
taxlaw-2799	122	11	by	by	ADP
taxlaw-2799	122	12	providing	provide	VERB
taxlaw-2799	122	13	for	for	ADP
taxlaw-2799	122	14	the	the	DET
taxlaw-2799	122	15	payments	payment	NOUN
taxlaw-2799	122	16	in	in	ADP
taxlaw-2799	122	17	one	one	NUM
taxlaw-2799	122	18	or	or	CCONJ
taxlaw-2799	122	19	both	both	PRON
taxlaw-2799	122	20	currencies	currency	NOUN
taxlaw-2799	122	21	to	to	PART
taxlaw-2799	122	22	be	be	AUX
taxlaw-2799	122	23	based	base	VERB
taxlaw-2799	122	24	on	on	ADP
taxlaw-2799	122	25	that	that	DET
taxlaw-2799	122	26	currency	currency	NOUN
taxlaw-2799	122	27	’s	’s	PART
taxlaw-2799	122	28	appropriate	appropriate	ADJ
taxlaw-2799	122	29	floating	float	VERB
taxlaw-2799	122	30	rate	rate	NOUN
taxlaw-2799	122	31	,	,	PUNCT
taxlaw-2799	122	32	e.g.	e.g.	ADV
taxlaw-2799	122	33	,	,	PUNCT
taxlaw-2799	122	34	party	party	NOUN
taxlaw-2799	122	35	a	a	DET
taxlaw-2799	122	36	pays	pay	NOUN
taxlaw-2799	122	37	6	6	NUM
taxlaw-2799	122	38	percent	percent	NOUN
taxlaw-2799	122	39	x	x	SYM
taxlaw-2799	122	40	$	$	SYM
taxlaw-2799	122	41	100	100	NUM
taxlaw-2799	122	42	million	million	NUM
taxlaw-2799	122	43	notional	notional	ADJ
taxlaw-2799	122	44	principal	principal	ADJ
taxlaw-2799	122	45	amount	amount	NOUN
taxlaw-2799	122	46	and	and	CCONJ
taxlaw-2799	122	47	party	party	NOUN
taxlaw-2799	122	48	b	b	PROPN
taxlaw-2799	122	49	pays	pay	VERB
taxlaw-2799	122	50	a	a	DET
taxlaw-2799	122	51	yen	yen	NOUN
taxlaw-2799	122	52	floating	float	VERB
taxlaw-2799	122	53	rate	rate	NOUN
taxlaw-2799	122	54	on	on	ADP
taxlaw-2799	122	55	an	an	DET
taxlaw-2799	122	56	amount	amount	NOUN
taxlaw-2799	122	57	of	of	ADP
taxlaw-2799	122	58	yen	yen	NOUN
taxlaw-2799	122	59	equivalent	equivalent	ADJ
taxlaw-2799	122	60	at	at	ADP
taxlaw-2799	122	61	the	the	DET
taxlaw-2799	122	62	inception	inception	NOUN
taxlaw-2799	122	63	of	of	ADP
taxlaw-2799	122	64	the	the	DET
taxlaw-2799	122	65	trade	trade	NOUN
taxlaw-2799	122	66	to	to	ADP
taxlaw-2799	122	67	$	$	SYM
taxlaw-2799	122	68	100	100	NUM
taxlaw-2799	122	69	million	million	NUM
taxlaw-2799	122	70	.	.	PUNCT
taxlaw-2799	123	1	another	another	DET
taxlaw-2799	123	2	common	common	ADJ
taxlaw-2799	123	3	type	type	NOUN
taxlaw-2799	123	4	of	of	ADP
taxlaw-2799	123	5	foreign	foreign	ADJ
taxlaw-2799	123	6	currency	currency	NOUN
taxlaw-2799	123	7	derivative	derivative	NOUN
taxlaw-2799	123	8	used	use	VERB
taxlaw-2799	123	9	to	to	PART
taxlaw-2799	123	10	hedge	hedge	VERB
taxlaw-2799	123	11	currency	currency	NOUN
taxlaw-2799	123	12	risk	risk	NOUN
taxlaw-2799	123	13	is	be	AUX
taxlaw-2799	123	14	a	a	DET
taxlaw-2799	123	15	foreign	foreign	ADJ
taxlaw-2799	123	16	currency	currency	NOUN
taxlaw-2799	123	17	forward	forward	ADV
taxlaw-2799	123	18	contract	contract	NOUN
taxlaw-2799	123	19	,	,	PUNCT
taxlaw-2799	123	20	which	which	PRON
taxlaw-2799	123	21	generally	generally	ADV
taxlaw-2799	123	22	is	be	AUX
taxlaw-2799	123	23	a	a	DET
taxlaw-2799	123	24	relatively	relatively	ADV
taxlaw-2799	123	25	short	short	ADJ
taxlaw-2799	123	26	-	-	PUNCT
taxlaw-2799	123	27	term	term	NOUN
taxlaw-2799	123	28	instrument	instrument	NOUN
taxlaw-2799	123	29	that	that	PRON
taxlaw-2799	123	30	provides	provide	VERB
taxlaw-2799	123	31	at	at	ADP
taxlaw-2799	123	32	maturity	maturity	NOUN
taxlaw-2799	123	33	for	for	ADP
taxlaw-2799	123	34	a	a	DET
taxlaw-2799	123	35	payment	payment	NOUN
taxlaw-2799	123	36	determined	determine	VERB
taxlaw-2799	123	37	by	by	ADP
taxlaw-2799	123	38	reference	reference	NOUN
taxlaw-2799	123	39	to	to	ADP
taxlaw-2799	123	40	the	the	DET
taxlaw-2799	123	41	change	change	NOUN
taxlaw-2799	123	42	in	in	ADP
taxlaw-2799	123	43	value	value	NOUN
taxlaw-2799	123	44	of	of	ADP
taxlaw-2799	123	45	two	two	NUM
taxlaw-2799	123	46	specified	specified	ADJ
taxlaw-2799	123	47	currencies	currency	NOUN
taxlaw-2799	123	48	.	.	PUNCT
taxlaw-2799	124	1	an	an	DET
taxlaw-2799	124	2	interest	interest	NOUN
taxlaw-2799	124	3	rate	rate	NOUN
taxlaw-2799	124	4	swap	swap	NOUN
taxlaw-2799	124	5	entered	enter	VERB
taxlaw-2799	124	6	into	into	ADP
taxlaw-2799	124	7	with	with	ADP
taxlaw-2799	124	8	at	at	ADP
taxlaw-2799	124	9	-	-	PUNCT
taxlaw-2799	124	10	market	market	NOUN
taxlaw-2799	124	11	terms	term	NOUN
taxlaw-2799	124	12	will	will	AUX
taxlaw-2799	124	13	not	not	PART
taxlaw-2799	124	14	have	have	VERB
taxlaw-2799	124	15	an	an	DET
taxlaw-2799	124	16	upfront	upfront	ADJ
taxlaw-2799	124	17	payment	payment	NOUN
taxlaw-2799	124	18	.	.	PUNCT
taxlaw-2799	125	1	an	an	DET
taxlaw-2799	125	2	interest	interest	NOUN
taxlaw-2799	125	3	rate	rate	NOUN
taxlaw-2799	125	4	swap	swap	NOUN
taxlaw-2799	125	5	entered	enter	VERB
taxlaw-2799	125	6	into	into	ADP
taxlaw-2799	125	7	with	with	ADP
taxlaw-2799	125	8	offmarket	offmarket	ADJ
taxlaw-2799	125	9	terms	term	NOUN
taxlaw-2799	125	10	,	,	PUNCT
taxlaw-2799	125	11	for	for	ADP
taxlaw-2799	125	12	example	example	NOUN
taxlaw-2799	125	13	with	with	ADP
taxlaw-2799	125	14	a	a	DET
taxlaw-2799	125	15	5	5	NUM
taxlaw-2799	125	16	%	%	NOUN
taxlaw-2799	125	17	rate	rate	NOUN
taxlaw-2799	125	18	when	when	SCONJ
taxlaw-2799	125	19	the	the	DET
taxlaw-2799	125	20	market	market	NOUN
taxlaw-2799	125	21	is	be	AUX
taxlaw-2799	125	22	6	6	NUM
taxlaw-2799	125	23	%	%	NOUN
taxlaw-2799	125	24	,	,	PUNCT
taxlaw-2799	125	25	generally	generally	ADV
taxlaw-2799	125	26	will	will	AUX
taxlaw-2799	125	27	have	have	VERB
taxlaw-2799	125	28	an	an	DET
taxlaw-2799	125	29	upfront	upfront	ADJ
taxlaw-2799	125	30	payment	payment	NOUN
taxlaw-2799	125	31	compensating	compensate	VERB
taxlaw-2799	125	32	the	the	DET
taxlaw-2799	125	33	party	party	NOUN
taxlaw-2799	125	34	receiving	receive	VERB
taxlaw-2799	125	35	the	the	DET
taxlaw-2799	125	36	belowmarket	belowmarket	NOUN
taxlaw-2799	125	37	payment	payment	NOUN
taxlaw-2799	125	38	(	(	PUNCT
taxlaw-2799	125	39	or	or	CCONJ
taxlaw-2799	125	40	paying	pay	VERB
taxlaw-2799	125	41	an	an	DET
taxlaw-2799	125	42	above	above	ADJ
taxlaw-2799	125	43	-	-	PUNCT
taxlaw-2799	125	44	market	market	NOUN
taxlaw-2799	125	45	payment	payment	NOUN
taxlaw-2799	125	46	)	)	PUNCT
taxlaw-2799	125	47	.	.	PUNCT
taxlaw-2799	126	1	for	for	ADP
taxlaw-2799	126	2	example	example	NOUN
taxlaw-2799	126	3	,	,	PUNCT
taxlaw-2799	126	4	if	if	SCONJ
taxlaw-2799	126	5	a	a	DET
taxlaw-2799	126	6	taxpayer	taxpayer	NOUN
taxlaw-2799	126	7	wishes	wish	VERB
taxlaw-2799	126	8	to	to	PART
taxlaw-2799	126	9	hedge	hedge	VERB
taxlaw-2799	126	10	a	a	DET
taxlaw-2799	126	11	$	$	SYM
taxlaw-2799	126	12	100	100	NUM
taxlaw-2799	126	13	million	million	NUM
taxlaw-2799	126	14	debt	debt	NOUN
taxlaw-2799	126	15	instrument	instrument	NOUN
taxlaw-2799	126	16	that	that	PRON
taxlaw-2799	126	17	it	it	PRON
taxlaw-2799	126	18	has	have	AUX
taxlaw-2799	126	19	issued	issue	VERB
taxlaw-2799	126	20	with	with	ADP
taxlaw-2799	126	21	a	a	DET
taxlaw-2799	126	22	5	5	NUM
taxlaw-2799	126	23	%	%	NOUN
taxlaw-2799	126	24	coupon	coupon	NOUN
taxlaw-2799	126	25	into	into	ADP
taxlaw-2799	126	26	an	an	DET
taxlaw-2799	126	27	effective	effective	ADJ
taxlaw-2799	126	28	floating	float	VERB
taxlaw-2799	126	29	rate	rate	NOUN
taxlaw-2799	126	30	instrument	instrument	NOUN
taxlaw-2799	126	31	,	,	PUNCT
taxlaw-2799	126	32	it	it	PRON
taxlaw-2799	126	33	will	will	AUX
taxlaw-2799	126	34	enter	enter	VERB
taxlaw-2799	126	35	into	into	ADP
taxlaw-2799	126	36	an	an	DET
taxlaw-2799	126	37	interest	interest	NOUN
taxlaw-2799	126	38	rate	rate	NOUN
taxlaw-2799	126	39	swap	swap	NOUN
taxlaw-2799	126	40	with	with	ADP
taxlaw-2799	126	41	a	a	DET
taxlaw-2799	126	42	dealer	dealer	NOUN
taxlaw-2799	126	43	under	under	ADP
taxlaw-2799	126	44	which	which	PRON
taxlaw-2799	126	45	it	it	PRON
taxlaw-2799	126	46	receives	receive	VERB
taxlaw-2799	126	47	5	5	NUM
taxlaw-2799	126	48	%	%	NOUN
taxlaw-2799	126	49	x	x	SYM
taxlaw-2799	126	50	$	$	SYM
taxlaw-2799	126	51	100	100	NUM
taxlaw-2799	126	52	million	million	NUM
taxlaw-2799	126	53	and	and	CCONJ
taxlaw-2799	126	54	pays	pay	VERB
taxlaw-2799	126	55	libor	libor	PROPN
taxlaw-2799	126	56	x	x	PROPN
taxlaw-2799	126	57	$	$	SYM
taxlaw-2799	126	58	100	100	NUM
taxlaw-2799	126	59	million	million	NUM
taxlaw-2799	126	60	on	on	ADP
taxlaw-2799	126	61	the	the	DET
taxlaw-2799	126	62	interest	interest	NOUN
taxlaw-2799	126	63	payment	payment	NOUN
taxlaw-2799	126	64	dates	date	NOUN
taxlaw-2799	126	65	for	for	ADP
taxlaw-2799	126	66	the	the	DET
taxlaw-2799	126	67	debt	debt	NOUN
taxlaw-2799	126	68	instrument	instrument	NOUN
taxlaw-2799	126	69	.	.	PUNCT
taxlaw-2799	127	1	in	in	ADP
taxlaw-2799	127	2	addition	addition	NOUN
taxlaw-2799	127	3	,	,	PUNCT
taxlaw-2799	127	4	the	the	DET
taxlaw-2799	127	5	dealer	dealer	NOUN
taxlaw-2799	127	6	will	will	AUX
taxlaw-2799	127	7	make	make	VERB
taxlaw-2799	127	8	an	an	DET
taxlaw-2799	127	9	upfront	upfront	ADJ
taxlaw-2799	127	10	amount	amount	NOUN
taxlaw-2799	127	11	to	to	ADP
taxlaw-2799	127	12	the	the	DET
taxlaw-2799	127	13	taxpayer	taxpayer	NOUN
taxlaw-2799	127	14	equal	equal	ADJ
taxlaw-2799	127	15	to	to	ADP
taxlaw-2799	127	16	the	the	DET
taxlaw-2799	127	17	present	present	ADJ
taxlaw-2799	127	18	value	value	NOUN
taxlaw-2799	127	19	of	of	ADP
taxlaw-2799	127	20	the	the	DET
taxlaw-2799	127	21	foregone	foregone	NOUN
taxlaw-2799	127	22	stream	stream	NOUN
taxlaw-2799	127	23	of	of	ADP
taxlaw-2799	127	24	1	1	NUM
taxlaw-2799	127	25	%	%	NOUN
taxlaw-2799	127	26	payments	payment	NOUN
taxlaw-2799	127	27	(	(	PUNCT
taxlaw-2799	127	28	6	6	NUM
taxlaw-2799	127	29	%	%	NOUN
taxlaw-2799	127	30	minus	minus	ADP
taxlaw-2799	127	31	5	5	NUM
taxlaw-2799	127	32	%	%	NOUN
taxlaw-2799	127	33	)	)	PUNCT
taxlaw-2799	127	34	over	over	ADP
taxlaw-2799	127	35	the	the	DET
taxlaw-2799	127	36	life	life	NOUN
taxlaw-2799	127	37	of	of	ADP
taxlaw-2799	127	38	the	the	DET
taxlaw-2799	127	39	swap	swap	NOUN
taxlaw-2799	127	40	.	.	PUNCT
taxlaw-2799	128	1	as	as	ADP
taxlaw-2799	128	2	with	with	ADP
taxlaw-2799	128	3	other	other	ADJ
taxlaw-2799	128	4	swaps	swap	NOUN
taxlaw-2799	128	5	,	,	PUNCT
taxlaw-2799	128	6	the	the	DET
taxlaw-2799	128	7	market	market	NOUN
taxlaw-2799	128	8	for	for	ADP
taxlaw-2799	128	9	interest	interest	NOUN
taxlaw-2799	128	10	rate	rate	NOUN
taxlaw-2799	128	11	swaps	swap	NOUN
taxlaw-2799	128	12	historically	historically	ADV
taxlaw-2799	128	13	has	have	AUX
taxlaw-2799	128	14	been	be	AUX
taxlaw-2799	128	15	the	the	DET
taxlaw-2799	128	16	“	"	PUNCT
taxlaw-2799	128	17	over	over	ADP
taxlaw-2799	128	18	-	-	PUNCT
taxlaw-2799	128	19	the	the	DET
taxlaw-2799	128	20	-	-	PUNCT
taxlaw-2799	128	21	counter	counter	NOUN
taxlaw-2799	128	22	”	"	PUNCT
taxlaw-2799	128	23	market	market	NOUN
taxlaw-2799	128	24	.	.	PUNCT
taxlaw-2799	129	1	the	the	DET
taxlaw-2799	129	2	otc	otc	PROPN
taxlaw-2799	129	3	market	market	NOUN
taxlaw-2799	129	4	is	be	AUX
taxlaw-2799	129	5	a	a	DET
taxlaw-2799	129	6	modern	modern	ADJ
taxlaw-2799	129	7	version	version	NOUN
taxlaw-2799	129	8	of	of	ADP
taxlaw-2799	129	9	the	the	DET
taxlaw-2799	129	10	historic	historic	ADJ
taxlaw-2799	129	11	market	market	NOUN
taxlaw-2799	129	12	as	as	ADP
taxlaw-2799	129	13	a	a	DET
taxlaw-2799	129	14	place	place	NOUN
taxlaw-2799	129	15	where	where	SCONJ
taxlaw-2799	129	16	parties	party	NOUN
taxlaw-2799	129	17	come	come	VERB
taxlaw-2799	129	18	to	to	PART
taxlaw-2799	129	19	buy	buy	VERB
taxlaw-2799	129	20	and	and	CCONJ
taxlaw-2799	129	21	sell	sell	VERB
taxlaw-2799	129	22	their	their	PRON
taxlaw-2799	129	23	wares	ware	NOUN
taxlaw-2799	129	24	.	.	PUNCT
taxlaw-2799	130	1	unlike	unlike	ADP
taxlaw-2799	130	2	the	the	DET
taxlaw-2799	130	3	historic	historic	ADJ
taxlaw-2799	130	4	wares	ware	NOUN
taxlaw-2799	130	5	offered	offer	VERB
taxlaw-2799	130	6	in	in	ADP
taxlaw-2799	130	7	securities	security	NOUN
taxlaw-2799	130	8	and	and	CCONJ
taxlaw-2799	130	9	other	other	ADJ
taxlaw-2799	130	10	markets	market	NOUN
taxlaw-2799	130	11	,	,	PUNCT
taxlaw-2799	130	12	an	an	DET
taxlaw-2799	130	13	otc	otc	PROPN
taxlaw-2799	130	14	derivative	derivative	NOUN
taxlaw-2799	130	15	is	be	AUX
taxlaw-2799	130	16	a	a	DET
taxlaw-2799	130	17	contract	contract	NOUN
taxlaw-2799	130	18	,	,	PUNCT
taxlaw-2799	130	19	negotiated	negotiate	VERB
taxlaw-2799	130	20	by	by	ADP
taxlaw-2799	130	21	and	and	CCONJ
taxlaw-2799	130	22	entered	enter	VERB
taxlaw-2799	130	23	into	into	ADP
taxlaw-2799	130	24	between	between	ADP
taxlaw-2799	130	25	two	two	NUM
taxlaw-2799	130	26	parties	party	NOUN
taxlaw-2799	130	27	,	,	PUNCT
taxlaw-2799	130	28	typically	typically	ADV
taxlaw-2799	130	29	pursuant	pursuant	ADJ
taxlaw-2799	130	30	to	to	ADP
taxlaw-2799	130	31	standard	standard	ADJ
taxlaw-2799	130	32	documentation	documentation	NOUN
taxlaw-2799	130	33	made	make	VERB
taxlaw-2799	130	34	available	available	ADJ
taxlaw-2799	130	35	by	by	ADP
taxlaw-2799	130	36	the	the	DET
taxlaw-2799	130	37	international	international	ADJ
taxlaw-2799	130	38	swaps	swap	NOUN
taxlaw-2799	130	39	and	and	CCONJ
taxlaw-2799	130	40	derivatives	derivative	NOUN
taxlaw-2799	130	41	association	association	NOUN
taxlaw-2799	130	42	(	(	PUNCT
taxlaw-2799	130	43	“	"	PUNCT
taxlaw-2799	130	44	isda	isda	NOUN
taxlaw-2799	130	45	”	"	PUNCT
taxlaw-2799	130	46	)	)	PUNCT
taxlaw-2799	130	47	.	.	PUNCT
taxlaw-2799	131	1	an	an	DET
taxlaw-2799	131	2	otc	otc	PROPN
taxlaw-2799	131	3	derivative	derivative	NOUN
taxlaw-2799	131	4	remains	remain	VERB
taxlaw-2799	131	5	for	for	ADP
taxlaw-2799	131	6	its	its	PRON
taxlaw-2799	131	7	life	life	NOUN
taxlaw-2799	131	8	a	a	DET
taxlaw-2799	131	9	private	private	ADJ
taxlaw-2799	131	10	bilateral	bilateral	ADJ
taxlaw-2799	131	11	contract	contract	NOUN
taxlaw-2799	131	12	.	.	PUNCT
taxlaw-2799	132	1	this	this	DET
taxlaw-2799	132	2	private	private	ADJ
taxlaw-2799	132	3	aspect	aspect	NOUN
taxlaw-2799	132	4	of	of	ADP
taxlaw-2799	132	5	otc	otc	PROPN
taxlaw-2799	132	6	derivatives	derivative	NOUN
taxlaw-2799	132	7	had	have	VERB
taxlaw-2799	132	8	considerable	considerable	ADJ
taxlaw-2799	132	9	consequences	consequence	NOUN
taxlaw-2799	132	10	when	when	SCONJ
taxlaw-2799	132	11	the	the	DET
taxlaw-2799	132	12	credit	credit	NOUN
taxlaw-2799	132	13	crisis	crisis	NOUN
taxlaw-2799	132	14	arose	arise	VERB
taxlaw-2799	132	15	.	.	PUNCT
taxlaw-2799	133	1	the	the	DET
taxlaw-2799	133	2	principal	principal	ADJ
taxlaw-2799	133	3	information	information	NOUN
taxlaw-2799	133	4	publicly	publicly	ADV
taxlaw-2799	133	5	available	available	ADJ
taxlaw-2799	133	6	about	about	ADP
taxlaw-2799	133	7	outstanding	outstanding	ADJ
taxlaw-2799	133	8	otc	otc	ADJ
taxlaw-2799	133	9	derivatives	derivative	NOUN
taxlaw-2799	133	10	is	be	AUX
taxlaw-2799	133	11	derived	derive	VERB
taxlaw-2799	133	12	from	from	ADP
taxlaw-2799	133	13	the	the	DET
taxlaw-2799	133	14	published	publish	VERB
taxlaw-2799	133	15	financial	financial	ADJ
taxlaw-2799	133	16	statements	statement	NOUN
taxlaw-2799	133	17	of	of	ADP
taxlaw-2799	133	18	swap	swap	NOUN
taxlaw-2799	133	19	dealers	dealer	NOUN
taxlaw-2799	133	20	,	,	PUNCT
taxlaw-2799	133	21	and	and	CCONJ
taxlaw-2799	133	22	from	from	ADP
taxlaw-2799	133	23	reports	report	NOUN
taxlaw-2799	133	24	by	by	ADP
taxlaw-2799	133	25	industry	industry	NOUN
taxlaw-2799	133	26	organizations	organization	NOUN
taxlaw-2799	133	27	,	,	PUNCT
taxlaw-2799	133	28	regulators	regulator	NOUN
taxlaw-2799	133	29	and	and	CCONJ
taxlaw-2799	133	30	credit	credit	NOUN
taxlaw-2799	133	31	rating	rating	NOUN
taxlaw-2799	133	32	agencies	agency	NOUN
taxlaw-2799	133	33	.	.	PUNCT
taxlaw-2799	134	1	this	this	DET
taxlaw-2799	134	2	public	public	ADJ
taxlaw-2799	134	3	information	information	NOUN
taxlaw-2799	134	4	reflects	reflects	AUX
taxlaw-2799	134	5	aggregated	aggregate	VERB
taxlaw-2799	134	6	information	information	NOUN
taxlaw-2799	134	7	at	at	ADP
taxlaw-2799	134	8	a	a	DET
taxlaw-2799	134	9	high	high	ADJ
taxlaw-2799	134	10	level	level	NOUN
taxlaw-2799	134	11	.	.	PUNCT
taxlaw-2799	135	1	bank	bank	NOUN
taxlaw-2799	135	2	regulators	regulator	NOUN
taxlaw-2799	135	3	and	and	CCONJ
taxlaw-2799	135	4	other	other	ADJ
taxlaw-2799	135	5	regulators	regulator	NOUN
taxlaw-2799	135	6	of	of	ADP
taxlaw-2799	135	7	major	major	ADJ
taxlaw-2799	135	8	swap	swap	NOUN
taxlaw-2799	135	9	participants	participant	NOUN
taxlaw-2799	135	10	have	have	VERB
taxlaw-2799	135	11	access	access	NOUN
taxlaw-2799	135	12	to	to	ADP
taxlaw-2799	135	13	more	more	ADJ
taxlaw-2799	135	14	information	information	NOUN
taxlaw-2799	135	15	as	as	ADP
taxlaw-2799	135	16	part	part	NOUN
taxlaw-2799	135	17	of	of	ADP
taxlaw-2799	135	18	their	their	PRON
taxlaw-2799	135	19	regulatory	regulatory	ADJ
taxlaw-2799	135	20	oversight	oversight	NOUN
taxlaw-2799	135	21	,	,	PUNCT
taxlaw-2799	135	22	but	but	CCONJ
taxlaw-2799	135	23	no	no	DET
taxlaw-2799	135	24	one	one	NUM
taxlaw-2799	135	25	regulator	regulator	NOUN
taxlaw-2799	135	26	or	or	CCONJ
taxlaw-2799	135	27	government	government	NOUN
taxlaw-2799	135	28	agency	agency	NOUN
taxlaw-2799	135	29	has	have	VERB
taxlaw-2799	135	30	a	a	DET
taxlaw-2799	135	31	complete	complete	ADJ
taxlaw-2799	135	32	picture	picture	NOUN
taxlaw-2799	135	33	of	of	ADP
taxlaw-2799	135	34	the	the	DET
taxlaw-2799	135	35	market	market	NOUN
taxlaw-2799	135	36	.	.	PUNCT
taxlaw-2799	136	1	moreover	moreover	ADV
taxlaw-2799	136	2	,	,	PUNCT
taxlaw-2799	136	3	some	some	DET
taxlaw-2799	136	4	major	major	ADJ
taxlaw-2799	136	5	participants	participant	NOUN
taxlaw-2799	136	6	in	in	ADP
taxlaw-2799	136	7	the	the	DET
taxlaw-2799	136	8	market	market	NOUN
taxlaw-2799	136	9	have	have	AUX
taxlaw-2799	136	10	been	be	AUX
taxlaw-2799	136	11	essentially	essentially	ADV
taxlaw-2799	136	12	unregulated	unregulated	ADJ
taxlaw-2799	136	13	or	or	CCONJ
taxlaw-2799	136	14	very	very	ADV
taxlaw-2799	136	15	lightly	lightly	ADV
taxlaw-2799	136	16	regulated	regulate	VERB
taxlaw-2799	136	17	,	,	PUNCT
taxlaw-2799	136	18	most	most	ADV
taxlaw-2799	136	19	notably	notably	ADV
taxlaw-2799	136	20	aig	aig	PROPN
taxlaw-2799	136	21	financial	financial	ADJ
taxlaw-2799	136	22	products	product	NOUN
taxlaw-2799	136	23	(	(	PUNCT
taxlaw-2799	136	24	“	"	PUNCT
taxlaw-2799	136	25	aig	aig	PROPN
taxlaw-2799	136	26	fp	fp	PROPN
taxlaw-2799	136	27	”	"	PUNCT
taxlaw-2799	136	28	)	)	PUNCT
taxlaw-2799	136	29	,	,	PUNCT
taxlaw-2799	136	30	an	an	DET
taxlaw-2799	136	31	affiliate	affiliate	NOUN
taxlaw-2799	136	32	of	of	ADP
taxlaw-2799	136	33	a	a	DET
taxlaw-2799	136	34	major	major	ADJ
taxlaw-2799	136	35	insurance	insurance	NOUN
taxlaw-2799	136	36	company	company	NOUN
taxlaw-2799	136	37	,	,	PUNCT
taxlaw-2799	136	38	which	which	PRON
taxlaw-2799	136	39	for	for	ADP
taxlaw-2799	136	40	many	many	ADJ
taxlaw-2799	136	41	years	year	NOUN
taxlaw-2799	136	42	was	be	AUX
taxlaw-2799	136	43	a	a	DET
taxlaw-2799	136	44	very	very	ADV
taxlaw-2799	136	45	large	large	ADJ
taxlaw-2799	136	46	player	player	NOUN
taxlaw-2799	136	47	in	in	ADP
taxlaw-2799	136	48	the	the	DET
taxlaw-2799	136	49	credit	credit	NOUN
taxlaw-2799	136	50	default	default	NOUN
taxlaw-2799	136	51	swap	swap	NOUN
taxlaw-2799	136	52	(	(	PUNCT
taxlaw-2799	136	53	“	"	PUNCT
taxlaw-2799	136	54	cds	cds	X
taxlaw-2799	136	55	”	"	PUNCT
taxlaw-2799	136	56	)	)	PUNCT
taxlaw-2799	136	57	market	market	NOUN
taxlaw-2799	136	58	.	.	PUNCT
taxlaw-2799	137	1	hedge	hedge	NOUN
taxlaw-2799	137	2	funds	fund	NOUN
taxlaw-2799	137	3	,	,	PUNCT
taxlaw-2799	137	4	which	which	PRON
taxlaw-2799	137	5	are	be	AUX
taxlaw-2799	137	6	also	also	ADV
taxlaw-2799	137	7	major	major	ADJ
taxlaw-2799	137	8	market	market	NOUN
taxlaw-2799	137	9	8	8	NUM
taxlaw-2799	137	10	columbia	columbia	PROPN
taxlaw-2799	137	11	jour	jour	PROPN
taxlaw-2799	137	12	al	al	PROPN
taxlaw-2799	137	13	of	of	ADP
taxlaw-2799	137	14	tax	tax	NOUN
taxlaw-2799	137	15	law	law	NOUN
taxlaw-2799	138	1	[	[	X
taxlaw-2799	138	2	vol	vol	NOUN
taxlaw-2799	138	3	.	.	PUNCT
taxlaw-2799	138	4	2:1	2:1	NUM
taxlaw-2799	138	5	participants	participant	NOUN
taxlaw-2799	138	6	in	in	ADP
taxlaw-2799	138	7	the	the	DET
taxlaw-2799	138	8	swap	swap	NOUN
taxlaw-2799	138	9	market	market	NOUN
taxlaw-2799	138	10	,	,	PUNCT
taxlaw-2799	138	11	are	be	AUX
taxlaw-2799	138	12	also	also	ADV
taxlaw-2799	138	13	largely	largely	ADV
taxlaw-2799	138	14	outside	outside	ADP
taxlaw-2799	138	15	the	the	DET
taxlaw-2799	138	16	scope	scope	NOUN
taxlaw-2799	138	17	of	of	ADP
taxlaw-2799	138	18	regulatory	regulatory	ADJ
taxlaw-2799	138	19	oversight	oversight	NOUN
taxlaw-2799	138	20	.	.	PUNCT
taxlaw-2799	139	1	one	one	NUM
taxlaw-2799	139	2	other	other	ADJ
taxlaw-2799	139	3	important	important	ADJ
taxlaw-2799	139	4	characteristic	characteristic	NOUN
taxlaw-2799	139	5	of	of	ADP
taxlaw-2799	139	6	the	the	DET
taxlaw-2799	139	7	historic	historic	ADJ
taxlaw-2799	139	8	swap	swap	NOUN
taxlaw-2799	139	9	market	market	NOUN
taxlaw-2799	139	10	is	be	AUX
taxlaw-2799	139	11	that	that	SCONJ
taxlaw-2799	139	12	while	while	SCONJ
taxlaw-2799	139	13	customers	customer	NOUN
taxlaw-2799	139	14	generally	generally	ADV
taxlaw-2799	139	15	are	be	AUX
taxlaw-2799	139	16	required	require	VERB
taxlaw-2799	139	17	to	to	PART
taxlaw-2799	139	18	provide	provide	VERB
taxlaw-2799	139	19	collateral	collateral	NOUN
taxlaw-2799	139	20	to	to	PART
taxlaw-2799	139	21	secure	secure	VERB
taxlaw-2799	139	22	a	a	DET
taxlaw-2799	139	23	dealer	dealer	NOUN
taxlaw-2799	139	24	’s	’s	PART
taxlaw-2799	139	25	credit	credit	NOUN
taxlaw-2799	139	26	exposure	exposure	NOUN
taxlaw-2799	139	27	to	to	ADP
taxlaw-2799	139	28	the	the	DET
taxlaw-2799	139	29	customer	customer	NOUN
taxlaw-2799	139	30	,	,	PUNCT
taxlaw-2799	139	31	some	some	DET
taxlaw-2799	139	32	highly	highly	ADV
taxlaw-2799	139	33	rated	rate	VERB
taxlaw-2799	139	34	participants	participant	NOUN
taxlaw-2799	139	35	in	in	ADP
taxlaw-2799	139	36	the	the	DET
taxlaw-2799	139	37	market	market	NOUN
taxlaw-2799	139	38	such	such	ADJ
taxlaw-2799	139	39	as	as	SCONJ
taxlaw-2799	139	40	insurance	insurance	NOUN
taxlaw-2799	139	41	companies	company	NOUN
taxlaw-2799	139	42	were	be	AUX
taxlaw-2799	139	43	not	not	PART
taxlaw-2799	139	44	required	require	VERB
taxlaw-2799	139	45	to	to	PART
taxlaw-2799	139	46	provide	provide	VERB
taxlaw-2799	139	47	collateral	collateral	NOUN
taxlaw-2799	139	48	to	to	ADP
taxlaw-2799	139	49	their	their	PRON
taxlaw-2799	139	50	counterparties	counterpartie	NOUN
taxlaw-2799	139	51	unless	unless	SCONJ
taxlaw-2799	139	52	their	their	PRON
taxlaw-2799	139	53	credit	credit	NOUN
taxlaw-2799	139	54	rating	rating	NOUN
taxlaw-2799	139	55	dropped	drop	VERB
taxlaw-2799	139	56	below	below	ADP
taxlaw-2799	139	57	a	a	DET
taxlaw-2799	139	58	specified	specified	ADJ
taxlaw-2799	139	59	level	level	NOUN
taxlaw-2799	139	60	.	.	PUNCT
taxlaw-2799	140	1	aig	aig	PROPN
taxlaw-2799	140	2	fp	fp	PROPN
taxlaw-2799	140	3	,	,	PUNCT
taxlaw-2799	140	4	for	for	ADP
taxlaw-2799	140	5	example	example	NOUN
taxlaw-2799	140	6	,	,	PUNCT
taxlaw-2799	140	7	apparently	apparently	ADV
taxlaw-2799	140	8	fell	fall	VERB
taxlaw-2799	140	9	into	into	ADP
taxlaw-2799	140	10	the	the	DET
taxlaw-2799	140	11	latter	latter	ADJ
taxlaw-2799	140	12	category	category	NOUN
taxlaw-2799	140	13	;	;	PUNCT
taxlaw-2799	140	14	as	as	ADP
taxlaw-2799	140	15	a	a	DET
taxlaw-2799	140	16	result	result	NOUN
taxlaw-2799	140	17	,	,	PUNCT
taxlaw-2799	140	18	when	when	SCONJ
taxlaw-2799	140	19	doubts	doubt	NOUN
taxlaw-2799	140	20	arose	arise	VERB
taxlaw-2799	140	21	as	as	ADP
taxlaw-2799	140	22	to	to	ADP
taxlaw-2799	140	23	its	its	PRON
taxlaw-2799	140	24	ability	ability	NOUN
taxlaw-2799	140	25	to	to	PART
taxlaw-2799	140	26	pay	pay	VERB
taxlaw-2799	140	27	and	and	CCONJ
taxlaw-2799	140	28	a	a	DET
taxlaw-2799	140	29	credit	credit	NOUN
taxlaw-2799	140	30	downgrade	downgrade	NOUN
taxlaw-2799	140	31	appeared	appear	VERB
taxlaw-2799	140	32	imminent	imminent	ADJ
taxlaw-2799	140	33	,	,	PUNCT
taxlaw-2799	140	34	those	those	DET
taxlaw-2799	140	35	doubts	doubt	NOUN
taxlaw-2799	140	36	were	be	AUX
taxlaw-2799	140	37	reinforced	reinforce	VERB
taxlaw-2799	140	38	by	by	ADP
taxlaw-2799	140	39	the	the	DET
taxlaw-2799	140	40	realization	realization	NOUN
taxlaw-2799	140	41	that	that	SCONJ
taxlaw-2799	140	42	aig	aig	PROPN
taxlaw-2799	140	43	fp	fp	PROPN
taxlaw-2799	140	44	would	would	AUX
taxlaw-2799	140	45	be	be	AUX
taxlaw-2799	140	46	required	require	VERB
taxlaw-2799	140	47	to	to	PART
taxlaw-2799	140	48	post	post	VERB
taxlaw-2799	140	49	billions	billion	NOUN
taxlaw-2799	140	50	of	of	ADP
taxlaw-2799	140	51	dollars	dollar	NOUN
taxlaw-2799	140	52	of	of	ADP
taxlaw-2799	140	53	collateral	collateral	NOUN
taxlaw-2799	140	54	to	to	ADP
taxlaw-2799	140	55	its	its	PRON
taxlaw-2799	140	56	counterparties	counterpartie	NOUN
taxlaw-2799	140	57	that	that	PRON
taxlaw-2799	140	58	it	it	PRON
taxlaw-2799	140	59	did	do	AUX
taxlaw-2799	140	60	not	not	PART
taxlaw-2799	140	61	have	have	VERB
taxlaw-2799	140	62	.	.	PUNCT
taxlaw-2799	141	1	unfortunately	unfortunately	ADV
taxlaw-2799	141	2	,	,	PUNCT
taxlaw-2799	141	3	aig	aig	PROPN
taxlaw-2799	141	4	fp	fp	PROPN
taxlaw-2799	141	5	was	be	AUX
taxlaw-2799	141	6	also	also	ADV
taxlaw-2799	141	7	a	a	DET
taxlaw-2799	141	8	hugely	hugely	ADV
taxlaw-2799	141	9	significant	significant	ADJ
taxlaw-2799	141	10	player	player	NOUN
taxlaw-2799	141	11	in	in	ADP
taxlaw-2799	141	12	the	the	DET
taxlaw-2799	141	13	cds	cd	NOUN
taxlaw-2799	141	14	market	market	NOUN
taxlaw-2799	141	15	,	,	PUNCT
taxlaw-2799	141	16	so	so	SCONJ
taxlaw-2799	141	17	that	that	SCONJ
taxlaw-2799	141	18	the	the	DET
taxlaw-2799	141	19	potentially	potentially	ADV
taxlaw-2799	141	20	disruptive	disruptive	ADJ
taxlaw-2799	141	21	consequences	consequence	NOUN
taxlaw-2799	141	22	of	of	ADP
taxlaw-2799	141	23	its	its	PRON
taxlaw-2799	141	24	demise	demise	NOUN
taxlaw-2799	141	25	led	lead	VERB
taxlaw-2799	141	26	to	to	ADP
taxlaw-2799	141	27	the	the	DET
taxlaw-2799	141	28	universal	universal	ADJ
taxlaw-2799	141	29	conclusion	conclusion	NOUN
taxlaw-2799	141	30	,	,	PUNCT
taxlaw-2799	141	31	at	at	ADP
taxlaw-2799	141	32	least	least	ADJ
taxlaw-2799	141	33	by	by	ADP
taxlaw-2799	141	34	governments	government	NOUN
taxlaw-2799	141	35	,	,	PUNCT
taxlaw-2799	141	36	that	that	SCONJ
taxlaw-2799	141	37	cds	cd	NOUN
taxlaw-2799	141	38	and	and	CCONJ
taxlaw-2799	141	39	other	other	ADJ
taxlaw-2799	141	40	swaps	swap	NOUN
taxlaw-2799	141	41	must	must	AUX
taxlaw-2799	141	42	be	be	AUX
taxlaw-2799	141	43	brought	bring	VERB
taxlaw-2799	141	44	into	into	ADP
taxlaw-2799	141	45	a	a	DET
taxlaw-2799	141	46	comprehensive	comprehensive	ADJ
taxlaw-2799	141	47	regulatory	regulatory	ADJ
taxlaw-2799	141	48	scheme	scheme	NOUN
taxlaw-2799	141	49	.	.	PUNCT
taxlaw-2799	142	1	the	the	DET
taxlaw-2799	142	2	nearcollapse	nearcollapse	NOUN
taxlaw-2799	142	3	of	of	ADP
taxlaw-2799	142	4	aig	aig	PROPN
taxlaw-2799	142	5	-	-	PUNCT
taxlaw-2799	142	6	fp	fp	PROPN
taxlaw-2799	142	7	was	be	AUX
taxlaw-2799	142	8	thus	thus	ADV
taxlaw-2799	142	9	one	one	NUM
taxlaw-2799	142	10	of	of	ADP
taxlaw-2799	142	11	the	the	DET
taxlaw-2799	142	12	more	more	ADV
taxlaw-2799	142	13	significant	significant	ADJ
taxlaw-2799	142	14	reasons	reason	NOUN
taxlaw-2799	142	15	for	for	ADP
taxlaw-2799	142	16	the	the	DET
taxlaw-2799	142	17	enactment	enactment	NOUN
taxlaw-2799	142	18	of	of	ADP
taxlaw-2799	142	19	dodd	dodd	PROPN
taxlaw-2799	142	20	-	-	PUNCT
taxlaw-2799	142	21	frank	frank	PROPN
taxlaw-2799	142	22	.	.	PUNCT
taxlaw-2799	143	1	(	(	PUNCT
taxlaw-2799	143	2	it	it	PRON
taxlaw-2799	143	3	is	be	AUX
taxlaw-2799	143	4	ironic	ironic	ADJ
taxlaw-2799	143	5	in	in	ADP
taxlaw-2799	143	6	this	this	DET
taxlaw-2799	143	7	regard	regard	NOUN
taxlaw-2799	143	8	that	that	SCONJ
taxlaw-2799	143	9	,	,	PUNCT
taxlaw-2799	143	10	at	at	ADP
taxlaw-2799	143	11	least	least	ADJ
taxlaw-2799	143	12	in	in	ADP
taxlaw-2799	143	13	the	the	DET
taxlaw-2799	143	14	view	view	NOUN
taxlaw-2799	143	15	of	of	ADP
taxlaw-2799	143	16	some	some	DET
taxlaw-2799	143	17	observers	observer	NOUN
taxlaw-2799	143	18	,	,	PUNCT
taxlaw-2799	143	19	the	the	DET
taxlaw-2799	143	20	cds	cd	NOUN
taxlaw-2799	143	21	trades	trade	NOUN
taxlaw-2799	143	22	entered	enter	VERB
taxlaw-2799	143	23	into	into	ADP
taxlaw-2799	143	24	by	by	ADP
taxlaw-2799	143	25	aig	aig	PROPN
taxlaw-2799	143	26	fp	fp	PROPN
taxlaw-2799	143	27	were	be	AUX
taxlaw-2799	143	28	highly	highly	ADV
taxlaw-2799	143	29	customized	customize	VERB
taxlaw-2799	143	30	cds	cd	NOUN
taxlaw-2799	143	31	on	on	ADP
taxlaw-2799	143	32	asset	asset	NOUN
taxlaw-2799	143	33	-	-	PUNCT
taxlaw-2799	143	34	backed	back	VERB
taxlaw-2799	143	35	securities	security	NOUN
taxlaw-2799	143	36	,	,	PUNCT
taxlaw-2799	143	37	in	in	ADP
taxlaw-2799	143	38	enormous	enormous	ADJ
taxlaw-2799	143	39	size	size	NOUN
taxlaw-2799	143	40	,	,	PUNCT
taxlaw-2799	143	41	of	of	ADP
taxlaw-2799	143	42	a	a	DET
taxlaw-2799	143	43	kind	kind	NOUN
taxlaw-2799	143	44	that	that	PRON
taxlaw-2799	143	45	are	be	AUX
taxlaw-2799	143	46	not	not	PART
taxlaw-2799	143	47	currently	currently	ADV
taxlaw-2799	143	48	clearable	clearable	ADJ
taxlaw-2799	143	49	and	and	CCONJ
taxlaw-2799	143	50	,	,	PUNCT
taxlaw-2799	143	51	it	it	PRON
taxlaw-2799	143	52	appears	appear	VERB
taxlaw-2799	143	53	,	,	PUNCT
taxlaw-2799	143	54	will	will	AUX
taxlaw-2799	143	55	not	not	PART
taxlaw-2799	143	56	be	be	AUX
taxlaw-2799	143	57	required	require	VERB
taxlaw-2799	143	58	to	to	PART
taxlaw-2799	143	59	be	be	AUX
taxlaw-2799	143	60	cleared	clear	VERB
taxlaw-2799	143	61	or	or	CCONJ
taxlaw-2799	143	62	traded	trade	VERB
taxlaw-2799	143	63	under	under	ADP
taxlaw-2799	143	64	dodd	dodd	PROPN
taxlaw-2799	143	65	-	-	PUNCT
taxlaw-2799	143	66	frank	frank	PROPN
taxlaw-2799	143	67	.	.	PUNCT
taxlaw-2799	143	68	)	)	PUNCT
taxlaw-2799	144	1	2	2	X
taxlaw-2799	144	2	.	.	PUNCT
taxlaw-2799	144	3	options	option	NOUN
taxlaw-2799	144	4	,	,	PUNCT
taxlaw-2799	144	5	including	include	VERB
taxlaw-2799	144	6	swaptions	swaption	NOUN
taxlaw-2799	144	7	.	.	PUNCT
taxlaw-2799	145	1	options	option	NOUN
taxlaw-2799	145	2	come	come	VERB
taxlaw-2799	145	3	in	in	ADP
taxlaw-2799	145	4	a	a	DET
taxlaw-2799	145	5	number	number	NOUN
taxlaw-2799	145	6	of	of	ADP
taxlaw-2799	145	7	different	different	ADJ
taxlaw-2799	145	8	forms	form	NOUN
taxlaw-2799	145	9	.	.	PUNCT
taxlaw-2799	146	1	in	in	ADP
taxlaw-2799	146	2	a	a	DET
taxlaw-2799	146	3	conventional	conventional	ADJ
taxlaw-2799	146	4	option	option	NOUN
taxlaw-2799	146	5	to	to	PART
taxlaw-2799	146	6	purchase	purchase	VERB
taxlaw-2799	146	7	(	(	PUNCT
taxlaw-2799	146	8	or	or	CCONJ
taxlaw-2799	146	9	sell	sell	VERB
taxlaw-2799	146	10	)	)	PUNCT
taxlaw-2799	146	11	property	property	NOUN
taxlaw-2799	146	12	,	,	PUNCT
taxlaw-2799	146	13	one	one	NUM
taxlaw-2799	146	14	party	party	NOUN
taxlaw-2799	146	15	,	,	PUNCT
taxlaw-2799	146	16	typically	typically	ADV
taxlaw-2799	146	17	called	call	VERB
taxlaw-2799	146	18	an	an	DET
taxlaw-2799	146	19	“	"	PUNCT
taxlaw-2799	146	20	option	option	NOUN
taxlaw-2799	146	21	writer	writer	NOUN
taxlaw-2799	146	22	”	"	PUNCT
taxlaw-2799	146	23	or	or	CCONJ
taxlaw-2799	146	24	“	"	PUNCT
taxlaw-2799	146	25	option	option	NOUN
taxlaw-2799	146	26	grantor	grantor	NOUN
taxlaw-2799	146	27	,	,	PUNCT
taxlaw-2799	146	28	”	"	PUNCT
taxlaw-2799	146	29	grants	grant	NOUN
taxlaw-2799	146	30	to	to	ADP
taxlaw-2799	146	31	another	another	DET
taxlaw-2799	146	32	party	party	NOUN
taxlaw-2799	146	33	,	,	PUNCT
taxlaw-2799	146	34	an	an	DET
taxlaw-2799	146	35	“	"	PUNCT
taxlaw-2799	146	36	option	option	NOUN
taxlaw-2799	146	37	holder	holder	NOUN
taxlaw-2799	146	38	”	"	PUNCT
taxlaw-2799	146	39	or	or	CCONJ
taxlaw-2799	146	40	“	"	PUNCT
taxlaw-2799	146	41	option	option	NOUN
taxlaw-2799	146	42	purchaser	purchaser	NOUN
taxlaw-2799	146	43	,	,	PUNCT
taxlaw-2799	146	44	”	"	PUNCT
taxlaw-2799	146	45	the	the	DET
taxlaw-2799	146	46	right	right	NOUN
taxlaw-2799	146	47	but	but	CCONJ
taxlaw-2799	146	48	not	not	PART
taxlaw-2799	146	49	the	the	DET
taxlaw-2799	146	50	obligation	obligation	NOUN
taxlaw-2799	146	51	to	to	PART
taxlaw-2799	146	52	compel	compel	VERB
taxlaw-2799	146	53	the	the	DET
taxlaw-2799	146	54	option	option	NOUN
taxlaw-2799	146	55	writer	writer	NOUN
taxlaw-2799	146	56	to	to	PART
taxlaw-2799	146	57	deliver	deliver	VERB
taxlaw-2799	146	58	(	(	PUNCT
taxlaw-2799	146	59	or	or	CCONJ
taxlaw-2799	146	60	purchase	purchase	NOUN
taxlaw-2799	146	61	)	)	PUNCT
taxlaw-2799	146	62	designated	designate	VERB
taxlaw-2799	146	63	property	property	NOUN
taxlaw-2799	146	64	for	for	ADP
taxlaw-2799	146	65	a	a	DET
taxlaw-2799	146	66	particular	particular	ADJ
taxlaw-2799	146	67	price	price	NOUN
taxlaw-2799	146	68	(	(	PUNCT
taxlaw-2799	146	69	the	the	DET
taxlaw-2799	146	70	“	"	PUNCT
taxlaw-2799	146	71	strike	strike	NOUN
taxlaw-2799	146	72	price	price	NOUN
taxlaw-2799	146	73	”	"	PUNCT
taxlaw-2799	146	74	)	)	PUNCT
taxlaw-2799	146	75	prior	prior	ADV
taxlaw-2799	146	76	to	to	ADP
taxlaw-2799	146	77	the	the	DET
taxlaw-2799	146	78	option	option	NOUN
taxlaw-2799	146	79	’s	’s	PART
taxlaw-2799	146	80	expiration	expiration	NOUN
taxlaw-2799	146	81	.	.	PUNCT
taxlaw-2799	147	1	in	in	ADP
taxlaw-2799	147	2	exchange	exchange	NOUN
taxlaw-2799	147	3	for	for	ADP
taxlaw-2799	147	4	this	this	DET
taxlaw-2799	147	5	right	right	NOUN
taxlaw-2799	147	6	,	,	PUNCT
taxlaw-2799	147	7	the	the	DET
taxlaw-2799	147	8	option	option	NOUN
taxlaw-2799	147	9	holder	holder	NOUN
taxlaw-2799	147	10	pays	pay	VERB
taxlaw-2799	147	11	a	a	DET
taxlaw-2799	147	12	premium	premium	NOUN
taxlaw-2799	147	13	,	,	PUNCT
taxlaw-2799	147	14	typically	typically	ADV
taxlaw-2799	147	15	,	,	PUNCT
taxlaw-2799	147	16	though	though	SCONJ
taxlaw-2799	147	17	not	not	PART
taxlaw-2799	147	18	necessarily	necessarily	ADV
taxlaw-2799	147	19	,	,	PUNCT
taxlaw-2799	147	20	in	in	ADP
taxlaw-2799	147	21	the	the	DET
taxlaw-2799	147	22	form	form	NOUN
taxlaw-2799	147	23	of	of	ADP
taxlaw-2799	147	24	an	an	DET
taxlaw-2799	147	25	up	up	ADJ
taxlaw-2799	147	26	-	-	PUNCT
taxlaw-2799	147	27	front	front	NOUN
taxlaw-2799	147	28	payment	payment	NOUN
taxlaw-2799	147	29	.	.	PUNCT
taxlaw-2799	148	1	the	the	DET
taxlaw-2799	148	2	premium	premium	NOUN
taxlaw-2799	148	3	may	may	AUX
taxlaw-2799	148	4	also	also	ADV
taxlaw-2799	148	5	be	be	AUX
taxlaw-2799	148	6	paid	pay	VERB
taxlaw-2799	148	7	over	over	ADP
taxlaw-2799	148	8	time	time	NOUN
taxlaw-2799	148	9	,	,	PUNCT
taxlaw-2799	148	10	usually	usually	ADV
taxlaw-2799	148	11	in	in	ADP
taxlaw-2799	148	12	equal	equal	ADJ
taxlaw-2799	148	13	amounts	amount	NOUN
taxlaw-2799	148	14	,	,	PUNCT
taxlaw-2799	148	15	although	although	SCONJ
taxlaw-2799	148	16	this	this	PRON
taxlaw-2799	148	17	is	be	AUX
taxlaw-2799	148	18	less	less	ADV
taxlaw-2799	148	19	common	common	ADJ
taxlaw-2799	148	20	in	in	ADP
taxlaw-2799	148	21	the	the	DET
taxlaw-2799	148	22	securities	security	NOUN
taxlaw-2799	148	23	markets	market	NOUN
taxlaw-2799	148	24	.	.	PUNCT
taxlaw-2799	149	1	the	the	DET
taxlaw-2799	149	2	options	option	NOUN
taxlaw-2799	149	3	described	describe	VERB
taxlaw-2799	149	4	in	in	ADP
taxlaw-2799	149	5	the	the	DET
taxlaw-2799	149	6	preceding	precede	VERB
taxlaw-2799	149	7	paragraph	paragraph	NOUN
taxlaw-2799	149	8	are	be	AUX
taxlaw-2799	149	9	physically	physically	ADV
taxlaw-2799	149	10	settled	settle	VERB
taxlaw-2799	149	11	options	option	NOUN
taxlaw-2799	149	12	—	—	PUNCT
taxlaw-2799	149	13	that	that	ADV
taxlaw-2799	149	14	is	is	ADV
taxlaw-2799	149	15	,	,	PUNCT
taxlaw-2799	149	16	they	they	PRON
taxlaw-2799	149	17	are	be	AUX
taxlaw-2799	149	18	written	write	VERB
taxlaw-2799	149	19	for	for	ADP
taxlaw-2799	149	20	the	the	DET
taxlaw-2799	149	21	sale	sale	NOUN
taxlaw-2799	149	22	or	or	CCONJ
taxlaw-2799	149	23	purchase	purchase	NOUN
taxlaw-2799	149	24	of	of	ADP
taxlaw-2799	149	25	a	a	DET
taxlaw-2799	149	26	designated	designate	VERB
taxlaw-2799	149	27	item	item	NOUN
taxlaw-2799	149	28	of	of	ADP
taxlaw-2799	149	29	property	property	NOUN
taxlaw-2799	149	30	which	which	PRON
taxlaw-2799	149	31	,	,	PUNCT
taxlaw-2799	149	32	if	if	SCONJ
taxlaw-2799	149	33	the	the	DET
taxlaw-2799	149	34	option	option	NOUN
taxlaw-2799	149	35	is	be	AUX
taxlaw-2799	149	36	exercised	exercise	VERB
taxlaw-2799	149	37	,	,	PUNCT
taxlaw-2799	149	38	is	be	AUX
taxlaw-2799	149	39	delivered	deliver	VERB
taxlaw-2799	149	40	or	or	CCONJ
taxlaw-2799	149	41	purchased	purchase	VERB
taxlaw-2799	149	42	by	by	ADP
taxlaw-2799	149	43	the	the	DET
taxlaw-2799	149	44	writer	writer	NOUN
taxlaw-2799	149	45	,	,	PUNCT
taxlaw-2799	149	46	and	and	CCONJ
taxlaw-2799	149	47	purchased	purchase	VERB
taxlaw-2799	149	48	or	or	CCONJ
taxlaw-2799	149	49	sold	sell	VERB
taxlaw-2799	149	50	by	by	ADP
taxlaw-2799	149	51	the	the	DET
taxlaw-2799	149	52	holder	holder	NOUN
taxlaw-2799	149	53	.	.	PUNCT
taxlaw-2799	150	1	options	option	NOUN
taxlaw-2799	150	2	may	may	AUX
taxlaw-2799	150	3	also	also	ADV
taxlaw-2799	150	4	be	be	AUX
taxlaw-2799	150	5	cash	cash	NOUN
taxlaw-2799	150	6	settled	settle	VERB
taxlaw-2799	150	7	,	,	PUNCT
taxlaw-2799	150	8	defined	define	VERB
taxlaw-2799	150	9	under	under	ADP
taxlaw-2799	150	10	the	the	DET
taxlaw-2799	150	11	code	code	NOUN
taxlaw-2799	150	12	as	as	ADP
taxlaw-2799	150	13	“	"	PUNCT
taxlaw-2799	150	14	any	any	DET
taxlaw-2799	150	15	option	option	NOUN
taxlaw-2799	150	16	which	which	PRON
taxlaw-2799	150	17	on	on	ADP
taxlaw-2799	150	18	exercise	exercise	NOUN
taxlaw-2799	150	19	settles	settle	NOUN
taxlaw-2799	150	20	in	in	ADP
taxlaw-2799	150	21	(	(	PUNCT
taxlaw-2799	150	22	or	or	CCONJ
taxlaw-2799	150	23	could	could	AUX
taxlaw-2799	150	24	be	be	AUX
taxlaw-2799	150	25	settled	settle	VERB
taxlaw-2799	150	26	in	in	ADP
taxlaw-2799	150	27	)	)	PUNCT
taxlaw-2799	150	28	cash	cash	NOUN
taxlaw-2799	150	29	or	or	CCONJ
taxlaw-2799	150	30	property	property	NOUN
taxlaw-2799	150	31	other	other	ADJ
taxlaw-2799	150	32	than	than	ADP
taxlaw-2799	150	33	the	the	DET
taxlaw-2799	150	34	underlying	underlie	VERB
taxlaw-2799	150	35	property	property	NOUN
taxlaw-2799	150	36	.	.	PUNCT
taxlaw-2799	151	1	”5	”5	PUNCT
taxlaw-2799	151	2	they	they	PRON
taxlaw-2799	151	3	may	may	AUX
taxlaw-2799	151	4	also	also	ADV
taxlaw-2799	151	5	be	be	AUX
taxlaw-2799	151	6	“	"	PUNCT
taxlaw-2799	151	7	net	net	ADJ
taxlaw-2799	151	8	share	share	NOUN
taxlaw-2799	151	9	settled	settle	VERB
taxlaw-2799	151	10	”	"	PUNCT
taxlaw-2799	151	11	if	if	SCONJ
taxlaw-2799	151	12	the	the	DET
taxlaw-2799	151	13	underlying	underlie	VERB
taxlaw-2799	151	14	property	property	NOUN
taxlaw-2799	151	15	is	be	AUX
taxlaw-2799	151	16	shares	share	NOUN
taxlaw-2799	151	17	of	of	ADP
taxlaw-2799	151	18	stock	stock	NOUN
taxlaw-2799	151	19	,	,	PUNCT
taxlaw-2799	151	20	in	in	ADP
taxlaw-2799	151	21	which	which	DET
taxlaw-2799	151	22	case	case	NOUN
taxlaw-2799	151	23	the	the	DET
taxlaw-2799	151	24	option	option	NOUN
taxlaw-2799	151	25	writer	writer	NOUN
taxlaw-2799	151	26	will	will	AUX
taxlaw-2799	151	27	deliver	deliver	VERB
taxlaw-2799	151	28	shares	share	NOUN
taxlaw-2799	151	29	equal	equal	ADJ
taxlaw-2799	151	30	in	in	ADP
taxlaw-2799	151	31	value	value	NOUN
taxlaw-2799	151	32	to	to	ADP
taxlaw-2799	151	33	the	the	DET
taxlaw-2799	151	34	difference	difference	NOUN
taxlaw-2799	151	35	between	between	ADP
taxlaw-2799	151	36	the	the	DET
taxlaw-2799	151	37	value	value	NOUN
taxlaw-2799	151	38	of	of	ADP
taxlaw-2799	151	39	the	the	DET
taxlaw-2799	151	40	underlying	underlie	VERB
taxlaw-2799	151	41	shares	share	NOUN
taxlaw-2799	151	42	and	and	CCONJ
taxlaw-2799	151	43	the	the	DET
taxlaw-2799	151	44	option	option	NOUN
taxlaw-2799	151	45	’s	’s	PART
taxlaw-2799	151	46	strike	strike	NOUN
taxlaw-2799	151	47	price.6	price.6	NOUN
taxlaw-2799	151	48	5	5	NUM
taxlaw-2799	151	49	i.r.c	i.r.c	NOUN
taxlaw-2799	151	50	.	.	PUNCT
taxlaw-2799	152	1	§	§	NOUN
taxlaw-2799	152	2	1234(c)(2	1234(c)(2	NUM
taxlaw-2799	152	3	)	)	PUNCT
taxlaw-2799	152	4	(	(	PUNCT
taxlaw-2799	152	5	2010	2010	NUM
taxlaw-2799	152	6	)	)	PUNCT
taxlaw-2799	152	7	.	.	PUNCT
taxlaw-2799	153	1	6	6	NUM
taxlaw-2799	153	2	for	for	ADP
taxlaw-2799	153	3	example	example	NOUN
taxlaw-2799	153	4	,	,	PUNCT
taxlaw-2799	153	5	assume	assume	VERB
taxlaw-2799	153	6	that	that	SCONJ
taxlaw-2799	153	7	a	a	PRON
taxlaw-2799	153	8	writes	write	VERB
taxlaw-2799	153	9	a	a	DET
taxlaw-2799	153	10	call	call	NOUN
taxlaw-2799	153	11	option	option	NOUN
taxlaw-2799	153	12	on	on	ADP
taxlaw-2799	153	13	100	100	NUM
taxlaw-2799	153	14	shares	share	NOUN
taxlaw-2799	153	15	of	of	ADP
taxlaw-2799	153	16	x	x	PUNCT
taxlaw-2799	153	17	pursuant	pursuant	ADJ
taxlaw-2799	153	18	to	to	ADP
taxlaw-2799	153	19	which	which	PRON
taxlaw-2799	153	20	b	b	NOUN
taxlaw-2799	153	21	has	have	VERB
taxlaw-2799	153	22	the	the	DET
taxlaw-2799	153	23	right	right	NOUN
taxlaw-2799	153	24	to	to	PART
taxlaw-2799	153	25	purchase	purchase	VERB
taxlaw-2799	153	26	those	those	DET
taxlaw-2799	153	27	shares	share	NOUN
taxlaw-2799	153	28	within	within	ADP
taxlaw-2799	153	29	the	the	DET
taxlaw-2799	153	30	next	next	ADJ
taxlaw-2799	153	31	year	year	NOUN
taxlaw-2799	153	32	for	for	ADP
taxlaw-2799	153	33	a	a	DET
taxlaw-2799	153	34	strike	strike	NOUN
taxlaw-2799	153	35	price	price	NOUN
taxlaw-2799	153	36	of	of	ADP
taxlaw-2799	153	37	$	$	SYM
taxlaw-2799	153	38	10	10	NUM
taxlaw-2799	153	39	/	/	SYM
taxlaw-2799	153	40	share	share	NOUN
taxlaw-2799	153	41	(	(	PUNCT
taxlaw-2799	153	42	$	$	SYM
taxlaw-2799	153	43	1000	1000	NUM
taxlaw-2799	153	44	)	)	PUNCT
taxlaw-2799	153	45	.	.	PUNCT
taxlaw-2799	154	1	at	at	ADP
taxlaw-2799	154	2	the	the	DET
taxlaw-2799	154	3	end	end	NOUN
taxlaw-2799	154	4	of	of	ADP
taxlaw-2799	154	5	the	the	DET
taxlaw-2799	154	6	year	year	NOUN
taxlaw-2799	154	7	,	,	PUNCT
taxlaw-2799	154	8	the	the	DET
taxlaw-2799	154	9	x	x	PROPN
taxlaw-2799	154	10	shares	share	NOUN
taxlaw-2799	154	11	are	be	AUX
taxlaw-2799	154	12	trading	trade	VERB
taxlaw-2799	154	13	for	for	ADP
taxlaw-2799	154	14	$	$	SYM
taxlaw-2799	154	15	12	12	NUM
taxlaw-2799	154	16	/	/	SYM
taxlaw-2799	154	17	share	share	NOUN
taxlaw-2799	154	18	.	.	PUNCT
taxlaw-2799	155	1	the	the	DET
taxlaw-2799	155	2	option	option	NOUN
taxlaw-2799	155	3	may	may	AUX
taxlaw-2799	155	4	be	be	AUX
taxlaw-2799	155	5	settled	settle	VERB
taxlaw-2799	155	6	by	by	ADP
taxlaw-2799	155	7	(	(	PUNCT
taxlaw-2799	155	8	i	i	NOUN
taxlaw-2799	155	9	)	)	PUNCT
taxlaw-2799	155	10	a	a	DET
taxlaw-2799	155	11	delivering	deliver	VERB
taxlaw-2799	155	12	100	100	NUM
taxlaw-2799	155	13	shares	share	NOUN
taxlaw-2799	155	14	to	to	ADP
taxlaw-2799	155	15	b	b	NOUN
taxlaw-2799	155	16	in	in	ADP
taxlaw-2799	155	17	exchange	exchange	NOUN
taxlaw-2799	155	18	for	for	ADP
taxlaw-2799	155	19	$	$	SYM
taxlaw-2799	155	20	1000	1000	NUM
taxlaw-2799	155	21	(	(	PUNCT
taxlaw-2799	155	22	physical	physical	ADJ
taxlaw-2799	155	23	2011	2011	NUM
taxlaw-2799	155	24	]	]	PUNCT
taxlaw-2799	155	25	ew	ew	AUX
taxlaw-2799	155	26	tax	tax	NOUN
taxlaw-2799	155	27	issues	issue	NOUN
taxlaw-2799	155	28	arisi	arisi	VERB
taxlaw-2799	155	29	g	g	PROPN
taxlaw-2799	155	30	from	from	ADP
taxlaw-2799	155	31	the	the	DET
taxlaw-2799	155	32	dodd	dodd	NOUN
taxlaw-2799	155	33	-	-	PUNCT
taxlaw-2799	155	34	fra	fra	PROPN
taxlaw-2799	155	35	k	k	PROPN
taxlaw-2799	155	36	act	act	PROPN
taxlaw-2799	155	37	9	9	NUM
taxlaw-2799	155	38	a	a	DET
taxlaw-2799	155	39	“	"	PUNCT
taxlaw-2799	155	40	swaption	swaption	NOUN
taxlaw-2799	155	41	”	"	PUNCT
taxlaw-2799	155	42	is	be	AUX
taxlaw-2799	155	43	an	an	DET
taxlaw-2799	155	44	option	option	NOUN
taxlaw-2799	155	45	to	to	PART
taxlaw-2799	155	46	enter	enter	VERB
taxlaw-2799	155	47	into	into	ADP
taxlaw-2799	155	48	a	a	DET
taxlaw-2799	155	49	swap	swap	NOUN
taxlaw-2799	155	50	with	with	ADP
taxlaw-2799	155	51	the	the	DET
taxlaw-2799	155	52	terms	term	NOUN
taxlaw-2799	155	53	provided	provide	VERB
taxlaw-2799	155	54	for	for	ADP
taxlaw-2799	155	55	in	in	ADP
taxlaw-2799	155	56	the	the	DET
taxlaw-2799	155	57	option	option	NOUN
taxlaw-2799	155	58	.	.	PUNCT
taxlaw-2799	156	1	for	for	ADP
taxlaw-2799	156	2	example	example	NOUN
taxlaw-2799	156	3	,	,	PUNCT
taxlaw-2799	156	4	a	a	DET
taxlaw-2799	156	5	swaption	swaption	NOUN
taxlaw-2799	156	6	might	might	AUX
taxlaw-2799	156	7	provide	provide	VERB
taxlaw-2799	156	8	the	the	DET
taxlaw-2799	156	9	holder	holder	NOUN
taxlaw-2799	156	10	the	the	DET
taxlaw-2799	156	11	right	right	NOUN
taxlaw-2799	156	12	within	within	ADP
taxlaw-2799	156	13	the	the	DET
taxlaw-2799	156	14	next	next	ADJ
taxlaw-2799	156	15	three	three	NUM
taxlaw-2799	156	16	months	month	NOUN
taxlaw-2799	156	17	to	to	PART
taxlaw-2799	156	18	enter	enter	VERB
taxlaw-2799	156	19	into	into	ADP
taxlaw-2799	156	20	a	a	DET
taxlaw-2799	156	21	5	5	NUM
taxlaw-2799	156	22	-	-	PUNCT
taxlaw-2799	156	23	year	year	NOUN
taxlaw-2799	156	24	interest	interest	NOUN
taxlaw-2799	156	25	rate	rate	NOUN
taxlaw-2799	156	26	swap	swap	NOUN
taxlaw-2799	156	27	under	under	ADP
taxlaw-2799	156	28	which	which	PRON
taxlaw-2799	156	29	the	the	DET
taxlaw-2799	156	30	holder	holder	NOUN
taxlaw-2799	156	31	would	would	AUX
taxlaw-2799	156	32	pay	pay	VERB
taxlaw-2799	156	33	semi	semi	ADJ
taxlaw-2799	156	34	-	-	ADJ
taxlaw-2799	156	35	annual	annual	ADJ
taxlaw-2799	156	36	fixed	fix	VERB
taxlaw-2799	156	37	coupons	coupon	NOUN
taxlaw-2799	156	38	at	at	ADP
taxlaw-2799	156	39	a	a	DET
taxlaw-2799	156	40	5.5	5.5	NUM
taxlaw-2799	156	41	%	%	NOUN
taxlaw-2799	156	42	rate	rate	NOUN
taxlaw-2799	156	43	versus	versus	ADP
taxlaw-2799	156	44	libor	libor	PROPN
taxlaw-2799	156	45	,	,	PUNCT
taxlaw-2799	156	46	on	on	ADP
taxlaw-2799	156	47	a	a	DET
taxlaw-2799	156	48	notional	notional	ADJ
taxlaw-2799	156	49	principal	principal	ADJ
taxlaw-2799	156	50	amount	amount	NOUN
taxlaw-2799	156	51	of	of	ADP
taxlaw-2799	156	52	$	$	SYM
taxlaw-2799	156	53	1	1	NUM
taxlaw-2799	156	54	million	million	NUM
taxlaw-2799	156	55	.	.	PUNCT
taxlaw-2799	157	1	a	a	DET
taxlaw-2799	157	2	swaption	swaption	NOUN
taxlaw-2799	157	3	is	be	AUX
taxlaw-2799	157	4	a	a	DET
taxlaw-2799	157	5	common	common	ADJ
taxlaw-2799	157	6	type	type	NOUN
taxlaw-2799	157	7	of	of	ADP
taxlaw-2799	157	8	derivative	derivative	NOUN
taxlaw-2799	157	9	in	in	ADP
taxlaw-2799	157	10	the	the	DET
taxlaw-2799	157	11	interest	interest	NOUN
taxlaw-2799	157	12	rates	rate	NOUN
taxlaw-2799	157	13	market	market	NOUN
taxlaw-2799	157	14	.	.	PUNCT
taxlaw-2799	158	1	like	like	ADP
taxlaw-2799	158	2	other	other	ADJ
taxlaw-2799	158	3	options	option	NOUN
taxlaw-2799	158	4	,	,	PUNCT
taxlaw-2799	158	5	a	a	DET
taxlaw-2799	158	6	swaption	swaption	NOUN
taxlaw-2799	158	7	may	may	AUX
taxlaw-2799	158	8	be	be	AUX
taxlaw-2799	158	9	physically	physically	ADV
taxlaw-2799	158	10	settled	settle	VERB
taxlaw-2799	158	11	,	,	PUNCT
taxlaw-2799	158	12	in	in	ADP
taxlaw-2799	158	13	which	which	DET
taxlaw-2799	158	14	case	case	NOUN
taxlaw-2799	158	15	the	the	DET
taxlaw-2799	158	16	parties	party	NOUN
taxlaw-2799	158	17	will	will	AUX
taxlaw-2799	158	18	enter	enter	VERB
taxlaw-2799	158	19	into	into	ADP
taxlaw-2799	158	20	the	the	DET
taxlaw-2799	158	21	designated	designate	VERB
taxlaw-2799	158	22	swap	swap	NOUN
taxlaw-2799	158	23	,	,	PUNCT
taxlaw-2799	158	24	or	or	CCONJ
taxlaw-2799	158	25	may	may	AUX
taxlaw-2799	158	26	be	be	AUX
taxlaw-2799	158	27	cash	cash	NOUN
taxlaw-2799	158	28	settled	settle	VERB
taxlaw-2799	158	29	,	,	PUNCT
taxlaw-2799	158	30	in	in	ADP
taxlaw-2799	158	31	which	which	DET
taxlaw-2799	158	32	case	case	NOUN
taxlaw-2799	158	33	the	the	DET
taxlaw-2799	158	34	option	option	NOUN
taxlaw-2799	158	35	writer	writer	NOUN
taxlaw-2799	158	36	will	will	AUX
taxlaw-2799	158	37	pay	pay	VERB
taxlaw-2799	158	38	the	the	DET
taxlaw-2799	158	39	option	option	NOUN
taxlaw-2799	158	40	holder	holder	NOUN
taxlaw-2799	158	41	an	an	DET
taxlaw-2799	158	42	amount	amount	NOUN
taxlaw-2799	158	43	equal	equal	ADJ
taxlaw-2799	158	44	to	to	ADP
taxlaw-2799	158	45	the	the	DET
taxlaw-2799	158	46	excess	excess	NOUN
taxlaw-2799	158	47	of	of	ADP
taxlaw-2799	158	48	the	the	DET
taxlaw-2799	158	49	value	value	NOUN
taxlaw-2799	158	50	of	of	ADP
taxlaw-2799	158	51	the	the	DET
taxlaw-2799	158	52	swap	swap	NOUN
taxlaw-2799	158	53	over	over	ADP
taxlaw-2799	158	54	a	a	DET
taxlaw-2799	158	55	similar	similar	ADJ
taxlaw-2799	158	56	swap	swap	NOUN
taxlaw-2799	158	57	with	with	ADP
taxlaw-2799	158	58	then	then	ADV
taxlaw-2799	158	59	-	-	PUNCT
taxlaw-2799	158	60	current	current	ADJ
taxlaw-2799	158	61	market	market	NOUN
taxlaw-2799	158	62	terms	term	NOUN
taxlaw-2799	158	63	.	.	PUNCT
taxlaw-2799	159	1	a	a	DET
taxlaw-2799	159	2	forward	forward	ADV
taxlaw-2799	159	3	-	-	PUNCT
taxlaw-2799	159	4	starting	start	VERB
taxlaw-2799	159	5	swap	swap	NOUN
taxlaw-2799	159	6	is	be	AUX
taxlaw-2799	159	7	similar	similar	ADJ
taxlaw-2799	159	8	,	,	PUNCT
taxlaw-2799	159	9	except	except	SCONJ
taxlaw-2799	159	10	that	that	SCONJ
taxlaw-2799	159	11	it	it	PRON
taxlaw-2799	159	12	is	be	AUX
taxlaw-2799	159	13	a	a	DET
taxlaw-2799	159	14	forward	forward	ADJ
taxlaw-2799	159	15	contract	contract	NOUN
taxlaw-2799	159	16	to	to	PART
taxlaw-2799	159	17	enter	enter	VERB
taxlaw-2799	159	18	into	into	ADP
taxlaw-2799	159	19	a	a	DET
taxlaw-2799	159	20	swap	swap	NOUN
taxlaw-2799	159	21	with	with	ADP
taxlaw-2799	159	22	specified	specified	ADJ
taxlaw-2799	159	23	terms	term	NOUN
taxlaw-2799	159	24	rather	rather	ADV
taxlaw-2799	159	25	than	than	ADP
taxlaw-2799	159	26	an	an	DET
taxlaw-2799	159	27	option	option	NOUN
taxlaw-2799	159	28	to	to	PART
taxlaw-2799	159	29	do	do	AUX
taxlaw-2799	159	30	so	so	ADV
taxlaw-2799	159	31	.	.	PUNCT
taxlaw-2799	160	1	3	3	X
taxlaw-2799	160	2	.	.	X
taxlaw-2799	160	3	credit	credit	NOUN
taxlaw-2799	160	4	default	default	NOUN
taxlaw-2799	160	5	swaps	swap	NOUN
taxlaw-2799	160	6	.	.	PUNCT
taxlaw-2799	161	1	a	a	DET
taxlaw-2799	161	2	conventional	conventional	ADJ
taxlaw-2799	161	3	single	single	ADJ
taxlaw-2799	161	4	-	-	PUNCT
taxlaw-2799	161	5	name	name	NOUN
taxlaw-2799	161	6	cds	cd	NOUN
taxlaw-2799	161	7	is	be	AUX
taxlaw-2799	161	8	a	a	DET
taxlaw-2799	161	9	financial	financial	ADJ
taxlaw-2799	161	10	contract	contract	NOUN
taxlaw-2799	161	11	to	to	PART
taxlaw-2799	161	12	transfer	transfer	VERB
taxlaw-2799	161	13	credit	credit	NOUN
taxlaw-2799	161	14	risk	risk	NOUN
taxlaw-2799	161	15	with	with	ADP
taxlaw-2799	161	16	respect	respect	NOUN
taxlaw-2799	161	17	to	to	ADP
taxlaw-2799	161	18	debt	debt	NOUN
taxlaw-2799	161	19	instruments	instrument	NOUN
taxlaw-2799	161	20	,	,	PUNCT
taxlaw-2799	161	21	such	such	ADJ
taxlaw-2799	161	22	as	as	ADP
taxlaw-2799	161	23	bonds	bond	NOUN
taxlaw-2799	161	24	or	or	CCONJ
taxlaw-2799	161	25	loans	loan	NOUN
taxlaw-2799	161	26	,	,	PUNCT
taxlaw-2799	161	27	of	of	ADP
taxlaw-2799	161	28	a	a	DET
taxlaw-2799	161	29	single	single	ADJ
taxlaw-2799	161	30	named	name	VERB
taxlaw-2799	161	31	issuer	issuer	NOUN
taxlaw-2799	161	32	(	(	PUNCT
taxlaw-2799	161	33	the	the	DET
taxlaw-2799	161	34	“	"	PUNCT
taxlaw-2799	161	35	reference	reference	NOUN
taxlaw-2799	161	36	entity	entity	NOUN
taxlaw-2799	161	37	”	"	PUNCT
taxlaw-2799	161	38	)	)	PUNCT
taxlaw-2799	161	39	,	,	PUNCT
taxlaw-2799	161	40	typically	typically	ADV
taxlaw-2799	161	41	for	for	ADP
taxlaw-2799	161	42	a	a	DET
taxlaw-2799	161	43	five	five	NUM
taxlaw-2799	161	44	-	-	PUNCT
taxlaw-2799	161	45	year	year	NOUN
taxlaw-2799	161	46	term	term	NOUN
taxlaw-2799	161	47	.	.	PUNCT
taxlaw-2799	162	1	like	like	ADP
taxlaw-2799	162	2	other	other	ADJ
taxlaw-2799	162	3	swaps	swap	NOUN
taxlaw-2799	162	4	,	,	PUNCT
taxlaw-2799	162	5	cds	cd	NOUN
taxlaw-2799	162	6	in	in	ADP
taxlaw-2799	162	7	the	the	DET
taxlaw-2799	162	8	otc	otc	PROPN
taxlaw-2799	162	9	market	market	NOUN
taxlaw-2799	162	10	are	be	AUX
taxlaw-2799	162	11	generally	generally	ADV
taxlaw-2799	162	12	documented	document	VERB
taxlaw-2799	162	13	using	use	VERB
taxlaw-2799	162	14	the	the	DET
taxlaw-2799	162	15	standardized	standardized	ADJ
taxlaw-2799	162	16	documentation	documentation	NOUN
taxlaw-2799	162	17	for	for	ADP
taxlaw-2799	162	18	derivatives	derivative	NOUN
taxlaw-2799	162	19	transactions	transaction	NOUN
taxlaw-2799	162	20	developed	develop	VERB
taxlaw-2799	162	21	by	by	ADP
taxlaw-2799	162	22	the	the	DET
taxlaw-2799	162	23	international	international	ADJ
taxlaw-2799	162	24	swaps	swap	NOUN
taxlaw-2799	162	25	and	and	CCONJ
taxlaw-2799	162	26	derivatives	derivative	NOUN
taxlaw-2799	162	27	association	association	NOUN
taxlaw-2799	162	28	(	(	PUNCT
taxlaw-2799	162	29	“	"	PUNCT
taxlaw-2799	162	30	isda”).7	isda”).7	VERB
taxlaw-2799	162	31	cds	cd	NOUN
taxlaw-2799	162	32	are	be	AUX
taxlaw-2799	162	33	commonly	commonly	ADV
taxlaw-2799	162	34	used	use	VERB
taxlaw-2799	162	35	to	to	PART
taxlaw-2799	162	36	hedge	hedge	VERB
taxlaw-2799	162	37	the	the	DET
taxlaw-2799	162	38	risk	risk	NOUN
taxlaw-2799	162	39	of	of	ADP
taxlaw-2799	162	40	owning	own	VERB
taxlaw-2799	162	41	bonds	bond	NOUN
taxlaw-2799	162	42	or	or	CCONJ
taxlaw-2799	162	43	loans	loan	NOUN
taxlaw-2799	162	44	of	of	ADP
taxlaw-2799	162	45	a	a	DET
taxlaw-2799	162	46	particular	particular	ADJ
taxlaw-2799	162	47	issuer	issuer	NOUN
taxlaw-2799	162	48	,	,	PUNCT
taxlaw-2799	162	49	termed	term	VERB
taxlaw-2799	162	50	the	the	DET
taxlaw-2799	162	51	“	"	PUNCT
taxlaw-2799	162	52	reference	reference	NOUN
taxlaw-2799	162	53	entity	entity	NOUN
taxlaw-2799	162	54	,	,	PUNCT
taxlaw-2799	162	55	”	"	PUNCT
taxlaw-2799	162	56	or	or	CCONJ
taxlaw-2799	162	57	other	other	ADJ
taxlaw-2799	162	58	credit	credit	NOUN
taxlaw-2799	162	59	risk	risk	NOUN
taxlaw-2799	162	60	to	to	ADP
taxlaw-2799	162	61	that	that	DET
taxlaw-2799	162	62	reference	reference	NOUN
taxlaw-2799	162	63	entity	entity	NOUN
taxlaw-2799	162	64	.	.	PUNCT
taxlaw-2799	163	1	cds	cd	NOUN
taxlaw-2799	163	2	also	also	ADV
taxlaw-2799	163	3	are	be	AUX
taxlaw-2799	163	4	widely	widely	ADV
taxlaw-2799	163	5	used	use	VERB
taxlaw-2799	163	6	to	to	PART
taxlaw-2799	163	7	take	take	VERB
taxlaw-2799	163	8	on	on	ADP
taxlaw-2799	163	9	credit	credit	NOUN
taxlaw-2799	163	10	risk	risk	NOUN
taxlaw-2799	163	11	,	,	PUNCT
taxlaw-2799	163	12	whether	whether	SCONJ
taxlaw-2799	163	13	of	of	ADP
taxlaw-2799	163	14	a	a	DET
taxlaw-2799	163	15	particular	particular	ADJ
taxlaw-2799	163	16	issuer	issuer	NOUN
taxlaw-2799	163	17	or	or	CCONJ
taxlaw-2799	163	18	a	a	DET
taxlaw-2799	163	19	segment	segment	NOUN
taxlaw-2799	163	20	of	of	ADP
taxlaw-2799	163	21	the	the	DET
taxlaw-2799	163	22	fixed	fix	VERB
taxlaw-2799	163	23	income	income	NOUN
taxlaw-2799	163	24	market	market	NOUN
taxlaw-2799	163	25	.	.	PUNCT
taxlaw-2799	164	1	like	like	ADP
taxlaw-2799	164	2	all	all	PRON
taxlaw-2799	164	3	of	of	ADP
taxlaw-2799	164	4	the	the	DET
taxlaw-2799	164	5	other	other	ADJ
taxlaw-2799	164	6	financial	financial	ADJ
taxlaw-2799	164	7	instruments	instrument	NOUN
taxlaw-2799	164	8	described	describe	VERB
taxlaw-2799	164	9	above	above	ADV
taxlaw-2799	164	10	,	,	PUNCT
taxlaw-2799	164	11	therefore	therefore	ADV
taxlaw-2799	164	12	,	,	PUNCT
taxlaw-2799	164	13	they	they	PRON
taxlaw-2799	164	14	can	can	AUX
taxlaw-2799	164	15	be	be	AUX
taxlaw-2799	164	16	used	use	VERB
taxlaw-2799	164	17	either	either	CCONJ
taxlaw-2799	164	18	to	to	PART
taxlaw-2799	164	19	reduce	reduce	VERB
taxlaw-2799	164	20	risk	risk	NOUN
taxlaw-2799	164	21	or	or	CCONJ
taxlaw-2799	164	22	to	to	PART
taxlaw-2799	164	23	create	create	VERB
taxlaw-2799	164	24	it	it	PRON
taxlaw-2799	164	25	.	.	PUNCT
taxlaw-2799	165	1	the	the	DET
taxlaw-2799	165	2	merits	merit	NOUN
taxlaw-2799	165	3	or	or	CCONJ
taxlaw-2799	165	4	demerits	demerit	NOUN
taxlaw-2799	165	5	of	of	ADP
taxlaw-2799	165	6	that	that	DET
taxlaw-2799	165	7	state	state	NOUN
taxlaw-2799	165	8	of	of	ADP
taxlaw-2799	165	9	affairs	affair	NOUN
taxlaw-2799	165	10	is	be	AUX
taxlaw-2799	165	11	outside	outside	ADP
taxlaw-2799	165	12	the	the	DET
taxlaw-2799	165	13	scope	scope	NOUN
taxlaw-2799	165	14	of	of	ADP
taxlaw-2799	165	15	this	this	DET
taxlaw-2799	165	16	article	article	NOUN
taxlaw-2799	165	17	.	.	PUNCT
taxlaw-2799	166	1	the	the	DET
taxlaw-2799	166	2	parties	party	NOUN
taxlaw-2799	166	3	to	to	ADP
taxlaw-2799	166	4	a	a	DET
taxlaw-2799	166	5	cds	cd	NOUN
taxlaw-2799	166	6	contract	contract	NOUN
taxlaw-2799	166	7	are	be	AUX
taxlaw-2799	166	8	referred	refer	VERB
taxlaw-2799	166	9	to	to	ADP
taxlaw-2799	166	10	as	as	ADP
taxlaw-2799	166	11	the	the	DET
taxlaw-2799	166	12	“	"	PUNCT
taxlaw-2799	166	13	protection	protection	NOUN
taxlaw-2799	166	14	buyer	buyer	NOUN
taxlaw-2799	166	15	”	"	PUNCT
taxlaw-2799	166	16	and	and	CCONJ
taxlaw-2799	166	17	the	the	DET
taxlaw-2799	166	18	“	"	PUNCT
taxlaw-2799	166	19	protection	protection	NOUN
taxlaw-2799	166	20	seller	seller	NOUN
taxlaw-2799	166	21	.	.	PUNCT
taxlaw-2799	166	22	”	"	PUNCT
taxlaw-2799	167	1	the	the	DET
taxlaw-2799	167	2	contract	contract	NOUN
taxlaw-2799	167	3	frequently	frequently	ADV
taxlaw-2799	167	4	but	but	CCONJ
taxlaw-2799	167	5	not	not	PART
taxlaw-2799	167	6	invariably	invariably	ADV
taxlaw-2799	167	7	refers	refer	VERB
taxlaw-2799	167	8	to	to	ADP
taxlaw-2799	167	9	a	a	DET
taxlaw-2799	167	10	specific	specific	ADJ
taxlaw-2799	167	11	senior	senior	ADJ
taxlaw-2799	167	12	debt	debt	NOUN
taxlaw-2799	167	13	instrument	instrument	NOUN
taxlaw-2799	167	14	(	(	PUNCT
taxlaw-2799	167	15	the	the	DET
taxlaw-2799	167	16	“	"	PUNCT
taxlaw-2799	167	17	reference	reference	NOUN
taxlaw-2799	167	18	obligation	obligation	NOUN
taxlaw-2799	167	19	”	"	PUNCT
taxlaw-2799	167	20	)	)	PUNCT
taxlaw-2799	167	21	of	of	ADP
taxlaw-2799	167	22	the	the	DET
taxlaw-2799	167	23	reference	reference	NOUN
taxlaw-2799	167	24	entity.8	entity.8	PROPN
taxlaw-2799	167	25	the	the	DET
taxlaw-2799	167	26	protection	protection	NOUN
taxlaw-2799	167	27	buyer	buyer	NOUN
taxlaw-2799	167	28	makes	make	VERB
taxlaw-2799	167	29	one	one	NUM
taxlaw-2799	167	30	or	or	CCONJ
taxlaw-2799	167	31	more	more	ADJ
taxlaw-2799	167	32	payments	payment	NOUN
taxlaw-2799	167	33	to	to	ADP
taxlaw-2799	167	34	the	the	DET
taxlaw-2799	167	35	protection	protection	NOUN
taxlaw-2799	167	36	seller	seller	NOUN
taxlaw-2799	167	37	based	base	VERB
taxlaw-2799	167	38	on	on	ADP
taxlaw-2799	167	39	a	a	DET
taxlaw-2799	167	40	specified	specify	VERB
taxlaw-2799	167	41	notional	notional	ADJ
taxlaw-2799	167	42	principal	principal	ADJ
taxlaw-2799	167	43	amount	amount	NOUN
taxlaw-2799	167	44	.	.	PUNCT
taxlaw-2799	168	1	ordinarily	ordinarily	ADV
taxlaw-2799	168	2	the	the	DET
taxlaw-2799	168	3	payments	payment	NOUN
taxlaw-2799	168	4	take	take	VERB
taxlaw-2799	168	5	the	the	DET
taxlaw-2799	168	6	form	form	NOUN
taxlaw-2799	168	7	of	of	ADP
taxlaw-2799	168	8	a	a	DET
taxlaw-2799	168	9	stream	stream	NOUN
taxlaw-2799	168	10	of	of	ADP
taxlaw-2799	168	11	periodic	periodic	ADJ
taxlaw-2799	168	12	payments	payment	NOUN
taxlaw-2799	168	13	in	in	ADP
taxlaw-2799	168	14	a	a	DET
taxlaw-2799	168	15	fixed	fix	VERB
taxlaw-2799	168	16	amount	amount	NOUN
taxlaw-2799	168	17	,	,	PUNCT
taxlaw-2799	168	18	generally	generally	ADV
taxlaw-2799	168	19	referred	refer	VERB
taxlaw-2799	168	20	to	to	ADP
taxlaw-2799	168	21	as	as	ADP
taxlaw-2799	168	22	fixed	fix	VERB
taxlaw-2799	168	23	or	or	CCONJ
taxlaw-2799	168	24	“	"	PUNCT
taxlaw-2799	168	25	premium	premium	NOUN
taxlaw-2799	168	26	”	"	PUNCT
taxlaw-2799	168	27	or	or	CCONJ
taxlaw-2799	168	28	coupon	coupon	NOUN
taxlaw-2799	168	29	payments	payment	NOUN
taxlaw-2799	168	30	.	.	PUNCT
taxlaw-2799	169	1	settlement	settlement	NOUN
taxlaw-2799	169	2	,	,	PUNCT
taxlaw-2799	169	3	or	or	CCONJ
taxlaw-2799	169	4	“	"	PUNCT
taxlaw-2799	169	5	gross	gross	ADJ
taxlaw-2799	169	6	”	"	PUNCT
taxlaw-2799	169	7	physical	physical	ADJ
taxlaw-2799	169	8	settlement	settlement	NOUN
taxlaw-2799	169	9	)	)	PUNCT
taxlaw-2799	169	10	,	,	PUNCT
taxlaw-2799	169	11	(	(	PUNCT
taxlaw-2799	169	12	ii	ii	NOUN
taxlaw-2799	169	13	)	)	PUNCT
taxlaw-2799	169	14	a	a	DET
taxlaw-2799	169	15	paying	pay	VERB
taxlaw-2799	169	16	b	b	NOUN
taxlaw-2799	169	17	$	$	SYM
taxlaw-2799	169	18	200	200	NUM
taxlaw-2799	169	19	(	(	PUNCT
taxlaw-2799	169	20	$	$	SYM
taxlaw-2799	169	21	1200	1200	NUM
taxlaw-2799	169	22	value	value	NOUN
taxlaw-2799	169	23	of	of	ADP
taxlaw-2799	169	24	x	x	PUNCT
taxlaw-2799	169	25	shares	share	NOUN
taxlaw-2799	169	26	minus	minus	CCONJ
taxlaw-2799	169	27	$	$	SYM
taxlaw-2799	169	28	1000	1000	NUM
taxlaw-2799	169	29	strike	strike	NOUN
taxlaw-2799	169	30	price	price	NOUN
taxlaw-2799	169	31	)	)	PUNCT
taxlaw-2799	169	32	,	,	PUNCT
taxlaw-2799	169	33	or	or	CCONJ
taxlaw-2799	169	34	(	(	PUNCT
taxlaw-2799	169	35	iii	iii	X
taxlaw-2799	169	36	)	)	PUNCT
taxlaw-2799	169	37	a	a	DET
taxlaw-2799	169	38	delivering	deliver	VERB
taxlaw-2799	169	39	16	16	NUM
taxlaw-2799	169	40	x	x	NOUN
taxlaw-2799	169	41	shares	share	NOUN
taxlaw-2799	169	42	plus	plus	CCONJ
taxlaw-2799	169	43	$	$	SYM
taxlaw-2799	169	44	8	8	NUM
taxlaw-2799	169	45	of	of	ADP
taxlaw-2799	169	46	cash	cash	NOUN
taxlaw-2799	169	47	to	to	ADP
taxlaw-2799	169	48	b	b	PROPN
taxlaw-2799	169	49	(	(	PUNCT
taxlaw-2799	169	50	net	net	ADJ
taxlaw-2799	169	51	share	share	NOUN
taxlaw-2799	169	52	settlement	settlement	NOUN
taxlaw-2799	169	53	;	;	PUNCT
taxlaw-2799	169	54	the	the	DET
taxlaw-2799	169	55	$	$	SYM
taxlaw-2799	169	56	8	8	NUM
taxlaw-2799	169	57	is	be	AUX
taxlaw-2799	169	58	the	the	DET
taxlaw-2799	169	59	cash	cash	NOUN
taxlaw-2799	169	60	value	value	NOUN
taxlaw-2799	169	61	of	of	ADP
taxlaw-2799	169	62	a	a	DET
taxlaw-2799	169	63	0.67	0.67	NUM
taxlaw-2799	169	64	fractional	fractional	ADJ
taxlaw-2799	169	65	share	share	NOUN
taxlaw-2799	169	66	)	)	PUNCT
taxlaw-2799	169	67	.	.	PUNCT
taxlaw-2799	170	1	7	7	NUM
taxlaw-2799	171	1	the	the	DET
taxlaw-2799	171	2	isda	isda	PROPN
taxlaw-2799	171	3	website	website	NOUN
taxlaw-2799	171	4	is	be	AUX
taxlaw-2799	171	5	a	a	DET
taxlaw-2799	171	6	font	font	NOUN
taxlaw-2799	171	7	of	of	ADP
taxlaw-2799	171	8	information	information	NOUN
taxlaw-2799	171	9	about	about	ADP
taxlaw-2799	171	10	swaps	swap	NOUN
taxlaw-2799	171	11	in	in	ADP
taxlaw-2799	171	12	general	general	ADJ
taxlaw-2799	171	13	.	.	PUNCT
taxlaw-2799	172	1	it	it	PRON
taxlaw-2799	172	2	includes	include	VERB
taxlaw-2799	172	3	standardized	standardized	ADJ
taxlaw-2799	172	4	documentation	documentation	NOUN
taxlaw-2799	172	5	for	for	ADP
taxlaw-2799	172	6	many	many	ADJ
taxlaw-2799	172	7	different	different	ADJ
taxlaw-2799	172	8	kinds	kind	NOUN
taxlaw-2799	172	9	of	of	ADP
taxlaw-2799	172	10	swaps	swap	NOUN
taxlaw-2799	172	11	,	,	PUNCT
taxlaw-2799	172	12	including	include	VERB
taxlaw-2799	172	13	not	not	PART
taxlaw-2799	172	14	only	only	ADV
taxlaw-2799	172	15	the	the	DET
taxlaw-2799	172	16	core	core	ADJ
taxlaw-2799	172	17	transactional	transactional	ADJ
taxlaw-2799	172	18	documentation	documentation	NOUN
taxlaw-2799	172	19	(	(	PUNCT
taxlaw-2799	172	20	the	the	DET
taxlaw-2799	172	21	isda	isda	PROPN
taxlaw-2799	172	22	master	master	NOUN
taxlaw-2799	172	23	agreement	agreement	NOUN
taxlaw-2799	172	24	and	and	CCONJ
taxlaw-2799	172	25	a	a	DET
taxlaw-2799	172	26	form	form	NOUN
taxlaw-2799	172	27	of	of	ADP
taxlaw-2799	172	28	schedule	schedule	NOUN
taxlaw-2799	172	29	to	to	ADP
taxlaw-2799	172	30	the	the	DET
taxlaw-2799	172	31	agreement	agreement	NOUN
taxlaw-2799	172	32	)	)	PUNCT
taxlaw-2799	172	33	but	but	CCONJ
taxlaw-2799	172	34	also	also	ADV
taxlaw-2799	172	35	standardized	standardized	ADJ
taxlaw-2799	172	36	definitions	definition	NOUN
taxlaw-2799	172	37	,	,	PUNCT
taxlaw-2799	172	38	credit	credit	NOUN
taxlaw-2799	172	39	support	support	NOUN
taxlaw-2799	172	40	documents	document	NOUN
taxlaw-2799	172	41	,	,	PUNCT
taxlaw-2799	172	42	and	and	CCONJ
taxlaw-2799	172	43	related	related	ADJ
taxlaw-2799	172	44	information	information	NOUN
taxlaw-2799	172	45	.	.	PUNCT
taxlaw-2799	173	1	see	see	VERB
taxlaw-2799	173	2	isda	isda	NOUN
taxlaw-2799	173	3	,	,	PUNCT
taxlaw-2799	173	4	http://www.isda.org	http://www.isda.org	PUNCT
taxlaw-2799	173	5	(	(	PUNCT
taxlaw-2799	173	6	last	last	ADV
taxlaw-2799	173	7	visited	visit	VERB
taxlaw-2799	173	8	dec	dec	PROPN
taxlaw-2799	173	9	.	.	PROPN
taxlaw-2799	173	10	30	30	NUM
taxlaw-2799	173	11	,	,	PUNCT
taxlaw-2799	173	12	2010	2010	NUM
taxlaw-2799	173	13	)	)	PUNCT
taxlaw-2799	173	14	.	.	PUNCT
taxlaw-2799	174	1	8	8	NUM
taxlaw-2799	174	2	an	an	DET
taxlaw-2799	174	3	electronic	electronic	ADJ
taxlaw-2799	174	4	data	data	NOUN
taxlaw-2799	174	5	vendor	vendor	NOUN
taxlaw-2799	174	6	active	active	ADJ
taxlaw-2799	174	7	in	in	ADP
taxlaw-2799	174	8	the	the	DET
taxlaw-2799	174	9	cds	cd	NOUN
taxlaw-2799	174	10	market	market	NOUN
taxlaw-2799	174	11	offers	offer	VERB
taxlaw-2799	174	12	a	a	DET
taxlaw-2799	174	13	standardized	standardized	ADJ
taxlaw-2799	174	14	list	list	NOUN
taxlaw-2799	174	15	of	of	ADP
taxlaw-2799	174	16	reference	reference	NOUN
taxlaw-2799	174	17	obligations	obligation	NOUN
taxlaw-2799	174	18	for	for	ADP
taxlaw-2799	174	19	approximately	approximately	ADV
taxlaw-2799	174	20	3000	3000	NUM
taxlaw-2799	174	21	reference	reference	NOUN
taxlaw-2799	174	22	entities	entity	NOUN
taxlaw-2799	174	23	.	.	PUNCT
taxlaw-2799	175	1	see	see	VERB
taxlaw-2799	175	2	markit	markit	NOUN
taxlaw-2799	175	3	,	,	PUNCT
taxlaw-2799	175	4	markit	markit	VERB
taxlaw-2799	175	5	credit	credit	NOUN
taxlaw-2799	175	6	indices	index	NOUN
taxlaw-2799	175	7	:	:	PUNCT
taxlaw-2799	175	8	a	a	DET
taxlaw-2799	175	9	primer	primer	NOUN
taxlaw-2799	175	10	(	(	PUNCT
taxlaw-2799	175	11	oct	oct	PROPN
taxlaw-2799	175	12	.	.	PROPN
taxlaw-2799	175	13	2010	2010	NUM
taxlaw-2799	175	14	)	)	PUNCT
taxlaw-2799	175	15	,	,	PUNCT
taxlaw-2799	175	16	http://www.markit.com/assets/en/docs/products/data/indices/credit-indexannexes/credit_indices_primer_october%202010.pdf	http://www.markit.com/assets/en/docs/products/data/indices/credit-indexannexes/credit_indices_primer_october%202010.pdf	PROPN
taxlaw-2799	175	17	(	(	PUNCT
taxlaw-2799	175	18	last	last	ADV
taxlaw-2799	175	19	visited	visit	VERB
taxlaw-2799	175	20	dec	dec	PROPN
taxlaw-2799	175	21	.	.	PROPN
taxlaw-2799	175	22	31	31	NUM
taxlaw-2799	175	23	,	,	PUNCT
taxlaw-2799	175	24	2010	2010	NUM
taxlaw-2799	175	25	)	)	PUNCT
taxlaw-2799	175	26	markit	markit	NOUN
taxlaw-2799	175	27	also	also	ADV
taxlaw-2799	175	28	provides	provide	VERB
taxlaw-2799	175	29	a	a	DET
taxlaw-2799	175	30	wide	wide	ADJ
taxlaw-2799	175	31	range	range	NOUN
taxlaw-2799	175	32	of	of	ADP
taxlaw-2799	175	33	market	market	NOUN
taxlaw-2799	175	34	information	information	NOUN
taxlaw-2799	175	35	about	about	ADP
taxlaw-2799	175	36	cds	cd	NOUN
taxlaw-2799	175	37	and	and	CCONJ
taxlaw-2799	175	38	many	many	ADJ
taxlaw-2799	175	39	other	other	ADJ
taxlaw-2799	175	40	kinds	kind	NOUN
taxlaw-2799	175	41	of	of	ADP
taxlaw-2799	175	42	derivatives	derivative	NOUN
taxlaw-2799	175	43	.	.	PUNCT
taxlaw-2799	176	1	10	10	NUM
taxlaw-2799	176	2	columbia	columbia	PROPN
taxlaw-2799	176	3	jour	jour	PROPN
taxlaw-2799	176	4	al	al	PROPN
taxlaw-2799	176	5	of	of	ADP
taxlaw-2799	176	6	tax	tax	NOUN
taxlaw-2799	176	7	law	law	NOUN
taxlaw-2799	176	8	[	[	X
taxlaw-2799	176	9	vol	vol	NOUN
taxlaw-2799	176	10	.	.	PUNCT
taxlaw-2799	176	11	2:1	2:1	NUM
taxlaw-2799	177	1	the	the	DET
taxlaw-2799	177	2	protection	protection	NOUN
taxlaw-2799	177	3	seller	seller	NOUN
taxlaw-2799	177	4	in	in	ADP
taxlaw-2799	177	5	turn	turn	NOUN
taxlaw-2799	177	6	agrees	agree	VERB
taxlaw-2799	177	7	that	that	SCONJ
taxlaw-2799	177	8	in	in	ADP
taxlaw-2799	177	9	the	the	DET
taxlaw-2799	177	10	case	case	NOUN
taxlaw-2799	177	11	of	of	ADP
taxlaw-2799	177	12	a	a	DET
taxlaw-2799	177	13	default	default	NOUN
taxlaw-2799	177	14	on	on	ADP
taxlaw-2799	177	15	the	the	DET
taxlaw-2799	177	16	reference	reference	NOUN
taxlaw-2799	177	17	obligation	obligation	NOUN
taxlaw-2799	177	18	,	,	PUNCT
taxlaw-2799	177	19	or	or	CCONJ
taxlaw-2799	177	20	in	in	ADP
taxlaw-2799	177	21	the	the	DET
taxlaw-2799	177	22	case	case	NOUN
taxlaw-2799	177	23	of	of	ADP
taxlaw-2799	177	24	other	other	ADJ
taxlaw-2799	177	25	specified	specify	VERB
taxlaw-2799	177	26	credit	credit	NOUN
taxlaw-2799	177	27	events	event	NOUN
taxlaw-2799	177	28	indicating	indicate	VERB
taxlaw-2799	177	29	a	a	DET
taxlaw-2799	177	30	decline	decline	NOUN
taxlaw-2799	177	31	in	in	ADP
taxlaw-2799	177	32	the	the	DET
taxlaw-2799	177	33	creditworthiness	creditworthiness	NOUN
taxlaw-2799	177	34	of	of	ADP
taxlaw-2799	177	35	the	the	DET
taxlaw-2799	177	36	reference	reference	NOUN
taxlaw-2799	177	37	entity	entity	NOUN
taxlaw-2799	177	38	,	,	PUNCT
taxlaw-2799	177	39	it	it	PRON
taxlaw-2799	177	40	will	will	AUX
taxlaw-2799	177	41	buy	buy	VERB
taxlaw-2799	177	42	from	from	ADP
taxlaw-2799	177	43	the	the	DET
taxlaw-2799	177	44	protection	protection	NOUN
taxlaw-2799	177	45	buyer	buyer	NOUN
taxlaw-2799	177	46	an	an	DET
taxlaw-2799	177	47	obligation	obligation	NOUN
taxlaw-2799	177	48	of	of	ADP
taxlaw-2799	177	49	the	the	DET
taxlaw-2799	177	50	reference	reference	NOUN
taxlaw-2799	177	51	entity	entity	NOUN
taxlaw-2799	177	52	for	for	ADP
taxlaw-2799	177	53	its	its	PRON
taxlaw-2799	177	54	face	face	NOUN
taxlaw-2799	177	55	value	value	NOUN
taxlaw-2799	177	56	(	(	PUNCT
taxlaw-2799	177	57	“	"	PUNCT
taxlaw-2799	177	58	physical	physical	ADJ
taxlaw-2799	177	59	settlement	settlement	NOUN
taxlaw-2799	177	60	,	,	PUNCT
taxlaw-2799	177	61	”	"	PUNCT
taxlaw-2799	177	62	by	by	ADP
taxlaw-2799	177	63	delivery	delivery	NOUN
taxlaw-2799	177	64	of	of	ADP
taxlaw-2799	177	65	a	a	DET
taxlaw-2799	177	66	“	"	PUNCT
taxlaw-2799	177	67	deliverable	deliverable	ADJ
taxlaw-2799	177	68	obligation	obligation	NOUN
taxlaw-2799	177	69	”	"	PUNCT
taxlaw-2799	177	70	)	)	PUNCT
taxlaw-2799	177	71	or	or	CCONJ
taxlaw-2799	177	72	will	will	AUX
taxlaw-2799	177	73	make	make	VERB
taxlaw-2799	177	74	a	a	DET
taxlaw-2799	177	75	cash	cash	NOUN
taxlaw-2799	177	76	payment	payment	NOUN
taxlaw-2799	177	77	to	to	ADP
taxlaw-2799	177	78	the	the	DET
taxlaw-2799	177	79	protection	protection	NOUN
taxlaw-2799	177	80	buyer	buyer	NOUN
taxlaw-2799	177	81	in	in	ADP
taxlaw-2799	177	82	an	an	DET
taxlaw-2799	177	83	amount	amount	NOUN
taxlaw-2799	177	84	that	that	PRON
taxlaw-2799	177	85	represents	represent	VERB
taxlaw-2799	177	86	the	the	DET
taxlaw-2799	177	87	decline	decline	NOUN
taxlaw-2799	177	88	from	from	ADP
taxlaw-2799	177	89	par	par	NOUN
taxlaw-2799	177	90	in	in	ADP
taxlaw-2799	177	91	the	the	DET
taxlaw-2799	177	92	fair	fair	ADJ
taxlaw-2799	177	93	market	market	NOUN
taxlaw-2799	177	94	value	value	NOUN
taxlaw-2799	177	95	of	of	ADP
taxlaw-2799	177	96	such	such	DET
taxlaw-2799	177	97	an	an	DET
taxlaw-2799	177	98	obligation	obligation	NOUN
taxlaw-2799	177	99	as	as	ADP
taxlaw-2799	177	100	a	a	DET
taxlaw-2799	177	101	result	result	NOUN
taxlaw-2799	177	102	of	of	ADP
taxlaw-2799	177	103	the	the	DET
taxlaw-2799	177	104	credit	credit	NOUN
taxlaw-2799	177	105	event	event	NOUN
taxlaw-2799	177	106	(	(	PUNCT
taxlaw-2799	177	107	“	"	PUNCT
taxlaw-2799	177	108	cash	cash	NOUN
taxlaw-2799	177	109	settlement	settlement	NOUN
taxlaw-2799	177	110	,	,	PUNCT
taxlaw-2799	177	111	”	"	PUNCT
taxlaw-2799	177	112	by	by	ADP
taxlaw-2799	177	113	reference	reference	NOUN
taxlaw-2799	177	114	to	to	ADP
taxlaw-2799	177	115	the	the	DET
taxlaw-2799	177	116	value	value	NOUN
taxlaw-2799	177	117	of	of	ADP
taxlaw-2799	177	118	a	a	DET
taxlaw-2799	177	119	“	"	PUNCT
taxlaw-2799	177	120	valuation	valuation	NOUN
taxlaw-2799	177	121	obligation”).9	obligation”).9	VERB
taxlaw-2799	177	122	the	the	DET
taxlaw-2799	177	123	protection	protection	NOUN
taxlaw-2799	177	124	buyer	buyer	NOUN
taxlaw-2799	177	125	is	be	AUX
taxlaw-2799	177	126	not	not	PART
taxlaw-2799	177	127	required	require	VERB
taxlaw-2799	177	128	to	to	PART
taxlaw-2799	177	129	have	have	AUX
taxlaw-2799	177	130	suffered	suffer	VERB
taxlaw-2799	177	131	a	a	DET
taxlaw-2799	177	132	loss	loss	NOUN
taxlaw-2799	177	133	on	on	ADP
taxlaw-2799	177	134	,	,	PUNCT
taxlaw-2799	177	135	or	or	CCONJ
taxlaw-2799	177	136	to	to	PART
taxlaw-2799	177	137	have	have	AUX
taxlaw-2799	177	138	owned	own	VERB
taxlaw-2799	177	139	,	,	PUNCT
taxlaw-2799	177	140	any	any	DET
taxlaw-2799	177	141	obligation	obligation	NOUN
taxlaw-2799	177	142	of	of	ADP
taxlaw-2799	177	143	the	the	DET
taxlaw-2799	177	144	reference	reference	NOUN
taxlaw-2799	177	145	entity	entity	NOUN
taxlaw-2799	177	146	at	at	ADP
taxlaw-2799	177	147	any	any	DET
taxlaw-2799	177	148	time	time	NOUN
taxlaw-2799	177	149	in	in	ADP
taxlaw-2799	177	150	order	order	NOUN
taxlaw-2799	177	151	to	to	PART
taxlaw-2799	177	152	receive	receive	VERB
taxlaw-2799	177	153	payment	payment	NOUN
taxlaw-2799	177	154	.	.	PUNCT
taxlaw-2799	178	1	in	in	ADP
taxlaw-2799	178	2	the	the	DET
taxlaw-2799	178	3	case	case	NOUN
taxlaw-2799	178	4	of	of	ADP
taxlaw-2799	178	5	cash	cash	NOUN
taxlaw-2799	178	6	settlement	settlement	NOUN
taxlaw-2799	178	7	,	,	PUNCT
taxlaw-2799	178	8	a	a	DET
taxlaw-2799	178	9	valuation	valuation	NOUN
taxlaw-2799	178	10	obligation	obligation	NOUN
taxlaw-2799	178	11	’s	’s	PART
taxlaw-2799	178	12	fair	fair	ADJ
taxlaw-2799	178	13	market	market	NOUN
taxlaw-2799	178	14	value	value	NOUN
taxlaw-2799	178	15	is	be	AUX
taxlaw-2799	178	16	determined	determine	VERB
taxlaw-2799	178	17	through	through	ADP
taxlaw-2799	178	18	bids	bid	NOUN
taxlaw-2799	178	19	from	from	ADP
taxlaw-2799	178	20	dealers	dealer	NOUN
taxlaw-2799	178	21	in	in	ADP
taxlaw-2799	178	22	that	that	DET
taxlaw-2799	178	23	obligation	obligation	NOUN
taxlaw-2799	178	24	under	under	ADP
taxlaw-2799	178	25	standard	standard	ADJ
taxlaw-2799	178	26	procedures	procedure	NOUN
taxlaw-2799	178	27	.	.	PUNCT
taxlaw-2799	179	1	while	while	SCONJ
taxlaw-2799	179	2	market	market	NOUN
taxlaw-2799	179	3	practice	practice	NOUN
taxlaw-2799	179	4	has	have	AUX
taxlaw-2799	179	5	evolved	evolve	VERB
taxlaw-2799	179	6	over	over	ADP
taxlaw-2799	179	7	time	time	NOUN
taxlaw-2799	179	8	,	,	PUNCT
taxlaw-2799	179	9	cash	cash	NOUN
taxlaw-2799	179	10	settlement	settlement	NOUN
taxlaw-2799	179	11	for	for	ADP
taxlaw-2799	179	12	cds	cd	NOUN
taxlaw-2799	179	13	(	(	PUNCT
taxlaw-2799	179	14	technically	technically	ADV
taxlaw-2799	179	15	,	,	PUNCT
taxlaw-2799	179	16	auction	auction	NOUN
taxlaw-2799	179	17	settlement	settlement	NOUN
taxlaw-2799	179	18	)	)	PUNCT
taxlaw-2799	179	19	is	be	AUX
taxlaw-2799	179	20	now	now	ADV
taxlaw-2799	179	21	the	the	DET
taxlaw-2799	179	22	norm	norm	NOUN
taxlaw-2799	179	23	.	.	PUNCT
taxlaw-2799	180	1	prior	prior	ADV
taxlaw-2799	180	2	to	to	ADP
taxlaw-2799	180	3	the	the	DET
taxlaw-2799	180	4	standardization	standardization	NOUN
taxlaw-2799	180	5	process	process	NOUN
taxlaw-2799	180	6	described	describe	VERB
taxlaw-2799	180	7	below	below	ADV
taxlaw-2799	180	8	,	,	PUNCT
taxlaw-2799	180	9	there	there	PRON
taxlaw-2799	180	10	were	be	VERB
taxlaw-2799	180	11	a	a	DET
taxlaw-2799	180	12	number	number	NOUN
taxlaw-2799	180	13	of	of	ADP
taxlaw-2799	180	14	common	common	ADJ
taxlaw-2799	180	15	variations	variation	NOUN
taxlaw-2799	180	16	in	in	ADP
taxlaw-2799	180	17	the	the	DET
taxlaw-2799	180	18	terms	term	NOUN
taxlaw-2799	180	19	of	of	ADP
taxlaw-2799	180	20	conventional	conventional	ADJ
taxlaw-2799	180	21	cds	cd	NOUN
taxlaw-2799	180	22	,	,	PUNCT
taxlaw-2799	180	23	depending	depend	VERB
taxlaw-2799	180	24	on	on	ADP
taxlaw-2799	180	25	a	a	DET
taxlaw-2799	180	26	number	number	NOUN
taxlaw-2799	180	27	of	of	ADP
taxlaw-2799	180	28	factors	factor	NOUN
taxlaw-2799	180	29	including	include	VERB
taxlaw-2799	180	30	the	the	DET
taxlaw-2799	180	31	nature	nature	NOUN
taxlaw-2799	180	32	of	of	ADP
taxlaw-2799	180	33	the	the	DET
taxlaw-2799	180	34	reference	reference	NOUN
taxlaw-2799	180	35	entity	entity	NOUN
taxlaw-2799	180	36	and	and	CCONJ
taxlaw-2799	180	37	the	the	DET
taxlaw-2799	180	38	local	local	ADJ
taxlaw-2799	180	39	cds	cd	NOUN
taxlaw-2799	180	40	market	market	NOUN
taxlaw-2799	180	41	.	.	PUNCT
taxlaw-2799	181	1	such	such	ADJ
taxlaw-2799	181	2	variations	variation	NOUN
taxlaw-2799	181	3	included	include	VERB
taxlaw-2799	181	4	the	the	DET
taxlaw-2799	181	5	list	list	NOUN
taxlaw-2799	181	6	of	of	ADP
taxlaw-2799	181	7	credit	credit	NOUN
taxlaw-2799	181	8	events	event	NOUN
taxlaw-2799	181	9	(	(	PUNCT
taxlaw-2799	181	10	some	some	DET
taxlaw-2799	181	11	cds	cd	NOUN
taxlaw-2799	181	12	included	include	VERB
taxlaw-2799	181	13	a	a	DET
taxlaw-2799	181	14	“	"	PUNCT
taxlaw-2799	181	15	restructuring	restructuring	NOUN
taxlaw-2799	181	16	”	"	PUNCT
taxlaw-2799	181	17	credit	credit	NOUN
taxlaw-2799	181	18	event	event	NOUN
taxlaw-2799	181	19	,	,	PUNCT
taxlaw-2799	181	20	which	which	PRON
taxlaw-2799	181	21	in	in	ADP
taxlaw-2799	181	22	turn	turn	NOUN
taxlaw-2799	181	23	had	have	VERB
taxlaw-2799	181	24	multiple	multiple	ADJ
taxlaw-2799	181	25	definitions	definition	NOUN
taxlaw-2799	181	26	used	use	VERB
taxlaw-2799	181	27	in	in	ADP
taxlaw-2799	181	28	different	different	ADJ
taxlaw-2799	181	29	contexts	contexts	NOUN
taxlaw-2799	181	30	)	)	PUNCT
taxlaw-2799	181	31	,	,	PUNCT
taxlaw-2799	181	32	whether	whether	SCONJ
taxlaw-2799	181	33	they	they	PRON
taxlaw-2799	181	34	provided	provide	VERB
taxlaw-2799	181	35	for	for	ADP
taxlaw-2799	181	36	physical	physical	ADJ
taxlaw-2799	181	37	or	or	CCONJ
taxlaw-2799	181	38	cash	cash	NOUN
taxlaw-2799	181	39	settlement	settlement	NOUN
taxlaw-2799	181	40	,	,	PUNCT
taxlaw-2799	181	41	and	and	CCONJ
taxlaw-2799	181	42	various	various	ADJ
taxlaw-2799	181	43	mechanics	mechanic	NOUN
taxlaw-2799	181	44	and	and	CCONJ
taxlaw-2799	181	45	critical	critical	ADJ
taxlaw-2799	181	46	dates	date	NOUN
taxlaw-2799	181	47	such	such	ADJ
taxlaw-2799	181	48	as	as	ADP
taxlaw-2799	181	49	the	the	DET
taxlaw-2799	181	50	termination	termination	NOUN
taxlaw-2799	181	51	date	date	NOUN
taxlaw-2799	181	52	of	of	ADP
taxlaw-2799	181	53	the	the	DET
taxlaw-2799	181	54	cds	cd	NOUN
taxlaw-2799	181	55	.	.	PUNCT
taxlaw-2799	182	1	one	one	NUM
taxlaw-2799	182	2	of	of	ADP
taxlaw-2799	182	3	the	the	DET
taxlaw-2799	182	4	most	most	ADV
taxlaw-2799	182	5	important	important	ADJ
taxlaw-2799	182	6	variations	variation	NOUN
taxlaw-2799	182	7	in	in	ADP
taxlaw-2799	182	8	terms	term	NOUN
taxlaw-2799	182	9	related	relate	VERB
taxlaw-2799	182	10	to	to	ADP
taxlaw-2799	182	11	the	the	DET
taxlaw-2799	182	12	coupon	coupon	NOUN
taxlaw-2799	182	13	on	on	ADP
taxlaw-2799	182	14	a	a	DET
taxlaw-2799	182	15	single	single	ADJ
taxlaw-2799	182	16	-	-	PUNCT
taxlaw-2799	182	17	name	name	NOUN
taxlaw-2799	182	18	cds	cd	NOUN
taxlaw-2799	182	19	.	.	PUNCT
taxlaw-2799	183	1	broadly	broadly	ADV
taxlaw-2799	183	2	speaking	speak	VERB
taxlaw-2799	183	3	,	,	PUNCT
taxlaw-2799	183	4	the	the	DET
taxlaw-2799	183	5	coupon	coupon	NOUN
taxlaw-2799	183	6	on	on	ADP
taxlaw-2799	183	7	a	a	DET
taxlaw-2799	183	8	single	single	ADJ
taxlaw-2799	183	9	-	-	PUNCT
taxlaw-2799	183	10	name	name	NOUN
taxlaw-2799	183	11	cds	cd	NOUN
taxlaw-2799	183	12	was	be	AUX
taxlaw-2799	183	13	determined	determine	VERB
taxlaw-2799	183	14	at	at	ADP
taxlaw-2799	183	15	the	the	DET
taxlaw-2799	183	16	time	time	NOUN
taxlaw-2799	183	17	the	the	DET
taxlaw-2799	183	18	parties	party	NOUN
taxlaw-2799	183	19	entered	enter	VERB
taxlaw-2799	183	20	into	into	ADP
taxlaw-2799	183	21	the	the	DET
taxlaw-2799	183	22	contract	contract	NOUN
taxlaw-2799	183	23	,	,	PUNCT
taxlaw-2799	183	24	in	in	ADP
taxlaw-2799	183	25	much	much	ADV
taxlaw-2799	183	26	the	the	DET
taxlaw-2799	183	27	same	same	ADJ
taxlaw-2799	183	28	way	way	NOUN
taxlaw-2799	183	29	that	that	PRON
taxlaw-2799	183	30	the	the	DET
taxlaw-2799	183	31	coupon	coupon	NOUN
taxlaw-2799	183	32	on	on	ADP
taxlaw-2799	183	33	a	a	DET
taxlaw-2799	183	34	newly	newly	ADV
taxlaw-2799	183	35	-	-	PUNCT
taxlaw-2799	183	36	issued	issue	VERB
taxlaw-2799	183	37	bond	bond	NOUN
taxlaw-2799	183	38	would	would	AUX
taxlaw-2799	183	39	be	be	AUX
taxlaw-2799	183	40	determined	determine	VERB
taxlaw-2799	183	41	.	.	PUNCT
taxlaw-2799	184	1	(	(	PUNCT
taxlaw-2799	184	2	this	this	DET
taxlaw-2799	184	3	process	process	NOUN
taxlaw-2799	184	4	is	be	AUX
taxlaw-2799	184	5	described	describe	VERB
taxlaw-2799	184	6	in	in	ADP
taxlaw-2799	184	7	more	more	ADJ
taxlaw-2799	184	8	detail	detail	NOUN
taxlaw-2799	184	9	in	in	ADP
taxlaw-2799	184	10	section	section	NOUN
taxlaw-2799	184	11	ii.c	ii.c	NOUN
taxlaw-2799	184	12	,	,	PUNCT
taxlaw-2799	184	13	below	below	ADV
taxlaw-2799	184	14	.	.	PUNCT
taxlaw-2799	184	15	)	)	PUNCT
taxlaw-2799	185	1	consequently	consequently	ADV
taxlaw-2799	185	2	,	,	PUNCT
taxlaw-2799	185	3	the	the	DET
taxlaw-2799	185	4	coupon	coupon	NOUN
taxlaw-2799	185	5	on	on	ADP
taxlaw-2799	185	6	a	a	DET
taxlaw-2799	185	7	cds	cd	NOUN
taxlaw-2799	185	8	on	on	ADP
taxlaw-2799	185	9	a	a	DET
taxlaw-2799	185	10	particular	particular	ADJ
taxlaw-2799	185	11	reference	reference	NOUN
taxlaw-2799	185	12	entity	entity	NOUN
taxlaw-2799	185	13	entered	enter	VERB
taxlaw-2799	185	14	into	into	ADP
taxlaw-2799	185	15	on	on	ADP
taxlaw-2799	185	16	any	any	DET
taxlaw-2799	185	17	given	give	VERB
taxlaw-2799	185	18	day	day	NOUN
taxlaw-2799	185	19	could	could	AUX
taxlaw-2799	185	20	and	and	CCONJ
taxlaw-2799	185	21	generally	generally	ADV
taxlaw-2799	185	22	did	do	AUX
taxlaw-2799	185	23	differ	differ	VERB
taxlaw-2799	185	24	from	from	ADP
taxlaw-2799	185	25	the	the	DET
taxlaw-2799	185	26	coupon	coupon	NOUN
taxlaw-2799	185	27	on	on	ADP
taxlaw-2799	185	28	an	an	DET
taxlaw-2799	185	29	otherwise	otherwise	ADV
taxlaw-2799	185	30	identical	identical	ADJ
taxlaw-2799	185	31	cds	cd	NOUN
taxlaw-2799	185	32	entered	enter	VERB
taxlaw-2799	185	33	into	into	ADP
taxlaw-2799	185	34	on	on	ADP
taxlaw-2799	185	35	a	a	DET
taxlaw-2799	185	36	different	different	ADJ
taxlaw-2799	185	37	day	day	NOUN
taxlaw-2799	185	38	.	.	PUNCT
taxlaw-2799	186	1	similarly	similarly	ADV
taxlaw-2799	186	2	,	,	PUNCT
taxlaw-2799	186	3	while	while	SCONJ
taxlaw-2799	186	4	the	the	DET
taxlaw-2799	186	5	most	most	ADV
taxlaw-2799	186	6	common	common	ADJ
taxlaw-2799	186	7	tenor	tenor	NOUN
taxlaw-2799	186	8	for	for	ADP
taxlaw-2799	186	9	cds	cd	NOUN
taxlaw-2799	186	10	was	be	AUX
taxlaw-2799	186	11	five	five	NUM
taxlaw-2799	186	12	years	year	NOUN
taxlaw-2799	186	13	,	,	PUNCT
taxlaw-2799	186	14	the	the	DET
taxlaw-2799	186	15	clock	clock	NOUN
taxlaw-2799	186	16	started	start	VERB
taxlaw-2799	186	17	running	run	VERB
taxlaw-2799	186	18	when	when	SCONJ
taxlaw-2799	186	19	the	the	DET
taxlaw-2799	186	20	parties	party	NOUN
taxlaw-2799	186	21	entered	enter	VERB
taxlaw-2799	186	22	into	into	ADP
taxlaw-2799	186	23	the	the	DET
taxlaw-2799	186	24	cds	cd	NOUN
taxlaw-2799	186	25	,	,	PUNCT
taxlaw-2799	186	26	so	so	SCONJ
taxlaw-2799	186	27	that	that	SCONJ
taxlaw-2799	186	28	there	there	PRON
taxlaw-2799	186	29	were	be	VERB
taxlaw-2799	186	30	no	no	DET
taxlaw-2799	186	31	standardized	standardized	ADJ
taxlaw-2799	186	32	maturity	maturity	NOUN
taxlaw-2799	186	33	dates.10	dates.10	NOUN
taxlaw-2799	186	34	as	as	SCONJ
taxlaw-2799	186	35	described	describe	VERB
taxlaw-2799	186	36	above	above	ADV
taxlaw-2799	186	37	,	,	PUNCT
taxlaw-2799	186	38	the	the	DET
taxlaw-2799	186	39	fed	fed	PROPN
taxlaw-2799	186	40	did	do	AUX
taxlaw-2799	186	41	not	not	PART
taxlaw-2799	186	42	wait	wait	VERB
taxlaw-2799	186	43	for	for	ADP
taxlaw-2799	186	44	the	the	DET
taxlaw-2799	186	45	enactment	enactment	NOUN
taxlaw-2799	186	46	of	of	ADP
taxlaw-2799	186	47	dodd	dodd	PROPN
taxlaw-2799	186	48	-	-	PUNCT
taxlaw-2799	186	49	frank	frank	PROPN
taxlaw-2799	186	50	in	in	ADP
taxlaw-2799	186	51	order	order	NOUN
taxlaw-2799	186	52	to	to	PART
taxlaw-2799	186	53	initiate	initiate	VERB
taxlaw-2799	186	54	the	the	DET
taxlaw-2799	186	55	restructuring	restructuring	NOUN
taxlaw-2799	186	56	of	of	ADP
taxlaw-2799	186	57	the	the	DET
taxlaw-2799	186	58	cds	cd	NOUN
taxlaw-2799	186	59	market	market	NOUN
taxlaw-2799	186	60	.	.	PUNCT
taxlaw-2799	187	1	this	this	DET
taxlaw-2799	187	2	initiative	initiative	NOUN
taxlaw-2799	187	3	has	have	AUX
taxlaw-2799	187	4	led	lead	VERB
taxlaw-2799	187	5	to	to	ADP
taxlaw-2799	187	6	dramatic	dramatic	ADJ
taxlaw-2799	187	7	changes	change	NOUN
taxlaw-2799	187	8	in	in	ADP
taxlaw-2799	187	9	the	the	DET
taxlaw-2799	187	10	cds	cd	NOUN
taxlaw-2799	187	11	market	market	NOUN
taxlaw-2799	187	12	,	,	PUNCT
taxlaw-2799	187	13	notably	notably	ADV
taxlaw-2799	187	14	(	(	PUNCT
taxlaw-2799	187	15	i	i	NOUN
taxlaw-2799	187	16	)	)	PUNCT
taxlaw-2799	187	17	a	a	DET
taxlaw-2799	187	18	reduction	reduction	NOUN
taxlaw-2799	187	19	in	in	ADP
taxlaw-2799	187	20	the	the	DET
taxlaw-2799	187	21	outstanding	outstanding	ADJ
taxlaw-2799	187	22	amount	amount	NOUN
taxlaw-2799	187	23	of	of	ADP
taxlaw-2799	187	24	cds	cd	NOUN
taxlaw-2799	187	25	through	through	ADP
taxlaw-2799	187	26	an	an	DET
taxlaw-2799	187	27	industry	industry	NOUN
taxlaw-2799	187	28	-	-	PUNCT
taxlaw-2799	187	29	wide	wide	ADJ
taxlaw-2799	187	30	process	process	NOUN
taxlaw-2799	187	31	of	of	ADP
taxlaw-2799	187	32	netting	net	VERB
taxlaw-2799	187	33	cds	cd	NOUN
taxlaw-2799	187	34	entered	enter	VERB
taxlaw-2799	187	35	into	into	ADP
taxlaw-2799	187	36	by	by	ADP
taxlaw-2799	187	37	multiple	multiple	ADJ
taxlaw-2799	187	38	dealers	dealer	NOUN
taxlaw-2799	187	39	against	against	ADP
taxlaw-2799	187	40	each	each	DET
taxlaw-2799	187	41	9	9	NUM
taxlaw-2799	187	42	more	more	ADV
taxlaw-2799	187	43	technically	technically	ADV
taxlaw-2799	187	44	,	,	PUNCT
taxlaw-2799	187	45	the	the	DET
taxlaw-2799	187	46	determination	determination	NOUN
taxlaw-2799	187	47	of	of	ADP
taxlaw-2799	187	48	whether	whether	SCONJ
taxlaw-2799	187	49	a	a	DET
taxlaw-2799	187	50	credit	credit	NOUN
taxlaw-2799	187	51	event	event	NOUN
taxlaw-2799	187	52	has	have	AUX
taxlaw-2799	187	53	taken	take	VERB
taxlaw-2799	187	54	place	place	NOUN
taxlaw-2799	187	55	is	be	AUX
taxlaw-2799	187	56	determined	determine	VERB
taxlaw-2799	187	57	by	by	ADP
taxlaw-2799	187	58	reference	reference	NOUN
taxlaw-2799	187	59	to	to	ADP
taxlaw-2799	187	60	any	any	DET
taxlaw-2799	187	61	“	"	PUNCT
taxlaw-2799	187	62	obligation	obligation	NOUN
taxlaw-2799	187	63	”	"	PUNCT
taxlaw-2799	187	64	of	of	ADP
taxlaw-2799	187	65	the	the	DET
taxlaw-2799	187	66	reference	reference	NOUN
taxlaw-2799	187	67	entity	entity	NOUN
taxlaw-2799	187	68	,	,	PUNCT
taxlaw-2799	187	69	which	which	DET
taxlaw-2799	187	70	term	term	NOUN
taxlaw-2799	187	71	includes	include	VERB
taxlaw-2799	187	72	but	but	CCONJ
taxlaw-2799	187	73	need	need	AUX
taxlaw-2799	187	74	not	not	PART
taxlaw-2799	187	75	be	be	AUX
taxlaw-2799	187	76	limited	limit	VERB
taxlaw-2799	187	77	to	to	ADP
taxlaw-2799	187	78	the	the	DET
taxlaw-2799	187	79	reference	reference	NOUN
taxlaw-2799	187	80	obligation	obligation	NOUN
taxlaw-2799	187	81	.	.	PUNCT
taxlaw-2799	188	1	the	the	DET
taxlaw-2799	188	2	text	text	NOUN
taxlaw-2799	188	3	simplifies	simplify	VERB
taxlaw-2799	188	4	the	the	DET
taxlaw-2799	188	5	description	description	NOUN
taxlaw-2799	188	6	of	of	ADP
taxlaw-2799	188	7	cds	cd	NOUN
taxlaw-2799	188	8	settlement	settlement	NOUN
taxlaw-2799	188	9	provisions	provision	NOUN
taxlaw-2799	188	10	in	in	ADP
taxlaw-2799	188	11	a	a	DET
taxlaw-2799	188	12	number	number	NOUN
taxlaw-2799	188	13	of	of	ADP
taxlaw-2799	188	14	ways	way	NOUN
taxlaw-2799	188	15	.	.	PUNCT
taxlaw-2799	189	1	prior	prior	ADV
taxlaw-2799	189	2	to	to	ADP
taxlaw-2799	189	3	the	the	DET
taxlaw-2799	189	4	“	"	PUNCT
taxlaw-2799	189	5	big	big	ADJ
taxlaw-2799	189	6	bang	bang	PROPN
taxlaw-2799	189	7	”	"	PUNCT
taxlaw-2799	189	8	discussed	discuss	VERB
taxlaw-2799	189	9	infra	infra	NOUN
taxlaw-2799	189	10	note	note	VERB
taxlaw-2799	189	11	12	12	NUM
taxlaw-2799	189	12	,	,	PUNCT
taxlaw-2799	189	13	the	the	DET
taxlaw-2799	189	14	legal	legal	ADJ
taxlaw-2799	189	15	terms	term	NOUN
taxlaw-2799	189	16	of	of	ADP
taxlaw-2799	189	17	single	single	ADJ
taxlaw-2799	189	18	-	-	PUNCT
taxlaw-2799	189	19	name	name	NOUN
taxlaw-2799	189	20	cds	cd	NOUN
taxlaw-2799	189	21	in	in	ADP
taxlaw-2799	189	22	the	the	DET
taxlaw-2799	189	23	u.s	u.s	PROPN
taxlaw-2799	189	24	.	.	PROPN
taxlaw-2799	189	25	markets	market	NOUN
taxlaw-2799	189	26	generally	generally	ADV
taxlaw-2799	189	27	provided	provide	VERB
taxlaw-2799	189	28	for	for	ADP
taxlaw-2799	189	29	physical	physical	ADJ
taxlaw-2799	189	30	settlement	settlement	NOUN
taxlaw-2799	189	31	,	,	PUNCT
taxlaw-2799	189	32	although	although	SCONJ
taxlaw-2799	189	33	i	i	PRON
taxlaw-2799	189	34	understand	understand	VERB
taxlaw-2799	189	35	that	that	SCONJ
taxlaw-2799	189	36	in	in	ADP
taxlaw-2799	189	37	practice	practice	NOUN
taxlaw-2799	189	38	the	the	DET
taxlaw-2799	189	39	parties	party	NOUN
taxlaw-2799	189	40	usually	usually	ADV
taxlaw-2799	189	41	agreed	agree	VERB
taxlaw-2799	189	42	to	to	PART
taxlaw-2799	189	43	cash	cash	VERB
taxlaw-2799	189	44	settlement	settlement	NOUN
taxlaw-2799	189	45	when	when	SCONJ
taxlaw-2799	189	46	a	a	DET
taxlaw-2799	189	47	credit	credit	NOUN
taxlaw-2799	189	48	event	event	NOUN
taxlaw-2799	189	49	arose	arise	VERB
taxlaw-2799	189	50	.	.	PUNCT
taxlaw-2799	190	1	since	since	SCONJ
taxlaw-2799	190	2	the	the	DET
taxlaw-2799	190	3	“	"	PUNCT
taxlaw-2799	190	4	big	big	ADJ
taxlaw-2799	190	5	bang	bang	PROPN
taxlaw-2799	190	6	,	,	PUNCT
taxlaw-2799	190	7	”	"	PUNCT
taxlaw-2799	190	8	auction	auction	NOUN
taxlaw-2799	190	9	settlement	settlement	NOUN
taxlaw-2799	190	10	—	—	PUNCT
taxlaw-2799	190	11	that	that	ADV
taxlaw-2799	190	12	is	be	AUX
taxlaw-2799	190	13	,	,	PUNCT
taxlaw-2799	190	14	cash	cash	NOUN
taxlaw-2799	190	15	settlement	settlement	NOUN
taxlaw-2799	190	16	where	where	SCONJ
taxlaw-2799	190	17	the	the	DET
taxlaw-2799	190	18	cash	cash	NOUN
taxlaw-2799	190	19	price	price	NOUN
taxlaw-2799	190	20	is	be	AUX
taxlaw-2799	190	21	determined	determine	VERB
taxlaw-2799	190	22	via	via	ADP
taxlaw-2799	190	23	an	an	DET
taxlaw-2799	190	24	auction	auction	NOUN
taxlaw-2799	190	25	run	run	VERB
taxlaw-2799	190	26	by	by	ADP
taxlaw-2799	190	27	isda	isda	NOUN
taxlaw-2799	190	28	—	—	PUNCT
taxlaw-2799	190	29	has	have	AUX
taxlaw-2799	190	30	become	become	VERB
taxlaw-2799	190	31	the	the	DET
taxlaw-2799	190	32	standard	standard	ADJ
taxlaw-2799	190	33	form	form	NOUN
taxlaw-2799	190	34	of	of	ADP
taxlaw-2799	190	35	settlement	settlement	NOUN
taxlaw-2799	190	36	for	for	ADP
taxlaw-2799	190	37	most	most	ADJ
taxlaw-2799	190	38	cds	cd	NOUN
taxlaw-2799	190	39	.	.	PUNCT
taxlaw-2799	191	1	10	10	NUM
taxlaw-2799	191	2	the	the	DET
taxlaw-2799	191	3	coupons	coupon	NOUN
taxlaw-2799	191	4	and	and	CCONJ
taxlaw-2799	191	5	maturities	maturity	NOUN
taxlaw-2799	191	6	of	of	ADP
taxlaw-2799	191	7	cds	cd	NOUN
taxlaw-2799	191	8	on	on	ADP
taxlaw-2799	191	9	indices	index	NOUN
taxlaw-2799	191	10	of	of	ADP
taxlaw-2799	191	11	reference	reference	NOUN
taxlaw-2799	191	12	entity	entity	NOUN
taxlaw-2799	191	13	obligations	obligation	NOUN
taxlaw-2799	191	14	,	,	PUNCT
taxlaw-2799	191	15	e.g.	e.g.	ADV
taxlaw-2799	191	16	,	,	PUNCT
taxlaw-2799	191	17	bonds	bond	NOUN
taxlaw-2799	191	18	or	or	CCONJ
taxlaw-2799	191	19	loans	loan	NOUN
taxlaw-2799	191	20	,	,	PUNCT
taxlaw-2799	191	21	were	be	AUX
taxlaw-2799	191	22	more	more	ADV
taxlaw-2799	191	23	standardized	standardized	ADJ
taxlaw-2799	191	24	.	.	PUNCT
taxlaw-2799	192	1	for	for	ADP
taxlaw-2799	192	2	a	a	DET
taxlaw-2799	192	3	brief	brief	ADJ
taxlaw-2799	192	4	description	description	NOUN
taxlaw-2799	192	5	of	of	ADP
taxlaw-2799	192	6	cds	cd	NOUN
taxlaw-2799	192	7	of	of	ADP
taxlaw-2799	192	8	this	this	DET
taxlaw-2799	192	9	kind	kind	NOUN
taxlaw-2799	192	10	,	,	PUNCT
taxlaw-2799	192	11	see	see	VERB
taxlaw-2799	192	12	infra	infra	NOUN
taxlaw-2799	192	13	note	note	VERB
taxlaw-2799	192	14	73	73	NUM
taxlaw-2799	192	15	.	.	PUNCT
taxlaw-2799	193	1	2011	2011	NUM
taxlaw-2799	193	2	]	]	PUNCT
taxlaw-2799	193	3	ew	ew	AUX
taxlaw-2799	193	4	tax	tax	NOUN
taxlaw-2799	193	5	issues	issue	NOUN
taxlaw-2799	193	6	arisi	arisi	VERB
taxlaw-2799	193	7	g	g	PROPN
taxlaw-2799	193	8	from	from	ADP
taxlaw-2799	193	9	the	the	DET
taxlaw-2799	193	10	dodd	dodd	NOUN
taxlaw-2799	193	11	-	-	PUNCT
taxlaw-2799	193	12	fra	fra	PROPN
taxlaw-2799	193	13	k	k	PROPN
taxlaw-2799	193	14	act	act	VERB
taxlaw-2799	193	15	11	11	NUM
taxlaw-2799	193	16	other,11	other,11	NOUN
taxlaw-2799	193	17	(	(	PUNCT
taxlaw-2799	193	18	ii	ii	NOUN
taxlaw-2799	193	19	)	)	PUNCT
taxlaw-2799	193	20	the	the	DET
taxlaw-2799	193	21	standardization	standardization	NOUN
taxlaw-2799	193	22	of	of	ADP
taxlaw-2799	193	23	terms	term	NOUN
taxlaw-2799	193	24	for	for	ADP
taxlaw-2799	193	25	conventional	conventional	ADJ
taxlaw-2799	193	26	cds	cd	NOUN
taxlaw-2799	193	27	,	,	PUNCT
taxlaw-2799	193	28	and	and	CCONJ
taxlaw-2799	193	29	(	(	PUNCT
taxlaw-2799	193	30	iii	iii	X
taxlaw-2799	193	31	)	)	PUNCT
taxlaw-2799	193	32	the	the	DET
taxlaw-2799	193	33	initiation	initiation	NOUN
taxlaw-2799	193	34	of	of	ADP
taxlaw-2799	193	35	clearing	clearing	NOUN
taxlaw-2799	193	36	of	of	ADP
taxlaw-2799	193	37	cds	cd	NOUN
taxlaw-2799	193	38	.	.	PUNCT
taxlaw-2799	194	1	these	these	DET
taxlaw-2799	194	2	initiatives	initiative	NOUN
taxlaw-2799	194	3	were	be	AUX
taxlaw-2799	194	4	an	an	DET
taxlaw-2799	194	5	outgrowth	outgrowth	NOUN
taxlaw-2799	194	6	of	of	ADP
taxlaw-2799	194	7	,	,	PUNCT
taxlaw-2799	194	8	or	or	CCONJ
taxlaw-2799	194	9	a	a	DET
taxlaw-2799	194	10	continuation	continuation	NOUN
taxlaw-2799	194	11	of	of	ADP
taxlaw-2799	194	12	,	,	PUNCT
taxlaw-2799	194	13	earlier	early	ADV
taxlaw-2799	194	14	fed	fed	PROPN
taxlaw-2799	194	15	efforts	effort	NOUN
taxlaw-2799	194	16	to	to	PART
taxlaw-2799	194	17	improve	improve	VERB
taxlaw-2799	194	18	the	the	DET
taxlaw-2799	194	19	workings	working	NOUN
taxlaw-2799	194	20	of	of	ADP
taxlaw-2799	194	21	the	the	DET
taxlaw-2799	194	22	cds	cd	NOUN
taxlaw-2799	194	23	market	market	NOUN
taxlaw-2799	194	24	.	.	PUNCT
taxlaw-2799	195	1	the	the	DET
taxlaw-2799	195	2	industry	industry	NOUN
taxlaw-2799	195	3	-	-	PUNCT
taxlaw-2799	195	4	wide	wide	ADJ
taxlaw-2799	195	5	netting	netting	NOUN
taxlaw-2799	195	6	process	process	NOUN
taxlaw-2799	195	7	began	begin	VERB
taxlaw-2799	195	8	in	in	ADP
taxlaw-2799	195	9	the	the	DET
taxlaw-2799	195	10	fall	fall	NOUN
taxlaw-2799	195	11	of	of	ADP
taxlaw-2799	195	12	2008	2008	NUM
taxlaw-2799	195	13	.	.	PUNCT
taxlaw-2799	196	1	it	it	PRON
taxlaw-2799	196	2	was	be	AUX
taxlaw-2799	196	3	referred	refer	VERB
taxlaw-2799	196	4	to	to	ADP
taxlaw-2799	196	5	as	as	ADP
taxlaw-2799	196	6	“	"	PUNCT
taxlaw-2799	196	7	portfolio	portfolio	NOUN
taxlaw-2799	196	8	compression	compression	NOUN
taxlaw-2799	196	9	,	,	PUNCT
taxlaw-2799	196	10	”	"	PUNCT
taxlaw-2799	196	11	and	and	CCONJ
taxlaw-2799	196	12	made	make	VERB
taxlaw-2799	196	13	evident	evident	ADJ
taxlaw-2799	196	14	the	the	DET
taxlaw-2799	196	15	difficulties	difficulty	NOUN
taxlaw-2799	196	16	of	of	ADP
taxlaw-2799	196	17	trying	try	VERB
taxlaw-2799	196	18	to	to	PART
taxlaw-2799	196	19	net	net	ADJ
taxlaw-2799	196	20	cds	cd	NOUN
taxlaw-2799	196	21	transactions	transaction	NOUN
taxlaw-2799	196	22	against	against	ADP
taxlaw-2799	196	23	each	each	DET
taxlaw-2799	196	24	other	other	ADJ
taxlaw-2799	196	25	when	when	SCONJ
taxlaw-2799	196	26	they	they	PRON
taxlaw-2799	196	27	had	have	VERB
taxlaw-2799	196	28	different	different	ADJ
taxlaw-2799	196	29	terms	term	NOUN
taxlaw-2799	196	30	.	.	PUNCT
taxlaw-2799	197	1	the	the	DET
taxlaw-2799	197	2	standardization	standardization	NOUN
taxlaw-2799	197	3	of	of	ADP
taxlaw-2799	197	4	terms	term	NOUN
taxlaw-2799	197	5	took	take	VERB
taxlaw-2799	197	6	place	place	NOUN
taxlaw-2799	197	7	in	in	ADP
taxlaw-2799	197	8	several	several	ADJ
taxlaw-2799	197	9	steps	step	NOUN
taxlaw-2799	197	10	pursuant	pursuant	ADJ
taxlaw-2799	197	11	to	to	ADP
taxlaw-2799	197	12	a	a	DET
taxlaw-2799	197	13	process	process	NOUN
taxlaw-2799	197	14	led	lead	VERB
taxlaw-2799	197	15	by	by	ADP
taxlaw-2799	197	16	isda	isda	NOUN
taxlaw-2799	197	17	starting	start	VERB
taxlaw-2799	197	18	in	in	ADP
taxlaw-2799	197	19	the	the	DET
taxlaw-2799	197	20	spring	spring	NOUN
taxlaw-2799	197	21	of	of	ADP
taxlaw-2799	197	22	2009.12	2009.12	NUM
taxlaw-2799	197	23	for	for	ADP
taxlaw-2799	197	24	parties	party	NOUN
taxlaw-2799	197	25	who	who	PRON
taxlaw-2799	197	26	have	have	AUX
taxlaw-2799	197	27	adhered	adhere	VERB
taxlaw-2799	197	28	to	to	ADP
taxlaw-2799	197	29	the	the	DET
taxlaw-2799	197	30	relevant	relevant	ADJ
taxlaw-2799	197	31	protocols	protocol	NOUN
taxlaw-2799	197	32	,	,	PUNCT
taxlaw-2799	197	33	the	the	DET
taxlaw-2799	197	34	result	result	NOUN
taxlaw-2799	197	35	is	be	AUX
taxlaw-2799	197	36	that	that	SCONJ
taxlaw-2799	197	37	cds	cd	NOUN
taxlaw-2799	197	38	entered	enter	VERB
taxlaw-2799	197	39	into	into	ADP
taxlaw-2799	197	40	since	since	SCONJ
taxlaw-2799	197	41	that	that	DET
taxlaw-2799	197	42	time	time	NOUN
taxlaw-2799	197	43	have	have	VERB
taxlaw-2799	197	44	standard	standard	ADJ
taxlaw-2799	197	45	terms	term	NOUN
taxlaw-2799	197	46	,	,	PUNCT
taxlaw-2799	197	47	including	include	VERB
taxlaw-2799	197	48	standard	standard	ADJ
taxlaw-2799	197	49	coupons	coupon	NOUN
taxlaw-2799	197	50	(	(	PUNCT
taxlaw-2799	197	51	100	100	NUM
taxlaw-2799	197	52	basis	basis	NOUN
taxlaw-2799	197	53	points	point	NOUN
taxlaw-2799	197	54	or	or	CCONJ
taxlaw-2799	197	55	500	500	NUM
taxlaw-2799	197	56	basis	basis	NOUN
taxlaw-2799	197	57	points	point	NOUN
taxlaw-2799	197	58	,	,	PUNCT
taxlaw-2799	197	59	for	for	ADP
taxlaw-2799	197	60	cds	cd	NOUN
taxlaw-2799	197	61	on	on	ADP
taxlaw-2799	197	62	north	north	ADJ
taxlaw-2799	197	63	american	american	ADJ
taxlaw-2799	197	64	corporate	corporate	ADJ
taxlaw-2799	197	65	reference	reference	NOUN
taxlaw-2799	197	66	entities	entity	NOUN
taxlaw-2799	197	67	)	)	PUNCT
taxlaw-2799	197	68	,	,	PUNCT
taxlaw-2799	197	69	maturities	maturity	NOUN
taxlaw-2799	197	70	,	,	PUNCT
taxlaw-2799	197	71	settlement	settlement	NOUN
taxlaw-2799	197	72	mechanisms	mechanism	NOUN
taxlaw-2799	197	73	,	,	PUNCT
taxlaw-2799	197	74	definitions	definition	NOUN
taxlaw-2799	197	75	and	and	CCONJ
taxlaw-2799	197	76	many	many	ADJ
taxlaw-2799	197	77	other	other	ADJ
taxlaw-2799	197	78	mechanically	mechanically	ADV
taxlaw-2799	197	79	and	and	CCONJ
taxlaw-2799	197	80	economically	economically	ADV
taxlaw-2799	197	81	significant	significant	ADJ
taxlaw-2799	197	82	terms.13	terms.13	NOUN
taxlaw-2799	197	83	standardization	standardization	NOUN
taxlaw-2799	197	84	is	be	AUX
taxlaw-2799	197	85	discussed	discuss	VERB
taxlaw-2799	197	86	in	in	ADP
taxlaw-2799	197	87	more	more	ADJ
taxlaw-2799	197	88	detail	detail	NOUN
taxlaw-2799	197	89	in	in	ADP
taxlaw-2799	197	90	section	section	NOUN
taxlaw-2799	197	91	ii.c.2	ii.c.2	PROPN
taxlaw-2799	197	92	,	,	PUNCT
taxlaw-2799	197	93	below	below	ADV
taxlaw-2799	197	94	.	.	PUNCT
taxlaw-2799	198	1	11	11	NUM
taxlaw-2799	198	2	a	a	DET
taxlaw-2799	198	3	fitch	fitch	NOUN
taxlaw-2799	198	4	report	report	NOUN
taxlaw-2799	198	5	released	release	VERB
taxlaw-2799	198	6	in	in	ADP
taxlaw-2799	198	7	2009	2009	NUM
taxlaw-2799	198	8	indicates	indicate	VERB
taxlaw-2799	198	9	that	that	SCONJ
taxlaw-2799	198	10	outstanding	outstanding	ADJ
taxlaw-2799	198	11	notional	notional	ADJ
taxlaw-2799	198	12	principal	principal	ADJ
taxlaw-2799	198	13	balance	balance	NOUN
taxlaw-2799	198	14	of	of	ADP
taxlaw-2799	198	15	credit	credit	NOUN
taxlaw-2799	198	16	derivatives	derivative	NOUN
taxlaw-2799	198	17	fell	fall	VERB
taxlaw-2799	198	18	in	in	ADP
taxlaw-2799	198	19	2009	2009	NUM
taxlaw-2799	198	20	,	,	PUNCT
taxlaw-2799	198	21	for	for	ADP
taxlaw-2799	198	22	the	the	DET
taxlaw-2799	198	23	first	first	ADJ
taxlaw-2799	198	24	time	time	NOUN
taxlaw-2799	198	25	since	since	SCONJ
taxlaw-2799	198	26	fitch	fitch	NOUN
taxlaw-2799	198	27	began	begin	VERB
taxlaw-2799	198	28	keeping	keep	VERB
taxlaw-2799	198	29	track	track	NOUN
taxlaw-2799	198	30	in	in	ADP
taxlaw-2799	198	31	2003	2003	NUM
taxlaw-2799	198	32	.	.	PUNCT
taxlaw-2799	199	1	fitch	fitch	NOUN
taxlaw-2799	199	2	ratings	rating	NOUN
taxlaw-2799	199	3	,	,	PUNCT
taxlaw-2799	199	4	credit	credit	NOUN
taxlaw-2799	199	5	market	market	NOUN
taxlaw-2799	199	6	research	research	NOUN
taxlaw-2799	199	7	,	,	PUNCT
taxlaw-2799	199	8	global	global	ADJ
taxlaw-2799	199	9	credit	credit	NOUN
taxlaw-2799	199	10	derivatives	derivative	NOUN
taxlaw-2799	199	11	survey	survey	NOUN
taxlaw-2799	199	12	:	:	PUNCT
taxlaw-2799	199	13	surprises	surprise	NOUN
taxlaw-2799	199	14	,	,	PUNCT
taxlaw-2799	199	15	challenges	challenge	NOUN
taxlaw-2799	199	16	and	and	CCONJ
taxlaw-2799	199	17	the	the	DET
taxlaw-2799	199	18	future	future	ADJ
taxlaw-2799	199	19	5	5	NUM
taxlaw-2799	199	20	(	(	PUNCT
taxlaw-2799	199	21	aug	aug	PROPN
taxlaw-2799	199	22	.	.	PROPN
taxlaw-2799	199	23	2009	2009	NUM
taxlaw-2799	199	24	)	)	PUNCT
taxlaw-2799	199	25	(	(	PUNCT
taxlaw-2799	199	26	hereinafter	hereinafter	NOUN
taxlaw-2799	199	27	“	"	PUNCT
taxlaw-2799	199	28	fitch	fitch	NOUN
taxlaw-2799	199	29	report	report	NOUN
taxlaw-2799	199	30	”	"	PUNCT
taxlaw-2799	199	31	)	)	PUNCT
taxlaw-2799	199	32	.	.	PUNCT
taxlaw-2799	200	1	the	the	DET
taxlaw-2799	200	2	report	report	NOUN
taxlaw-2799	200	3	attributes	attribute	VERB
taxlaw-2799	200	4	the	the	DET
taxlaw-2799	200	5	decline	decline	NOUN
taxlaw-2799	200	6	to	to	ADP
taxlaw-2799	200	7	collective	collective	ADJ
taxlaw-2799	200	8	efforts	effort	NOUN
taxlaw-2799	200	9	of	of	ADP
taxlaw-2799	200	10	market	market	NOUN
taxlaw-2799	200	11	participants	participant	NOUN
taxlaw-2799	200	12	and	and	CCONJ
taxlaw-2799	200	13	regulators	regulator	NOUN
taxlaw-2799	200	14	to	to	PART
taxlaw-2799	200	15	reduce	reduce	VERB
taxlaw-2799	200	16	notional	notional	ADJ
taxlaw-2799	200	17	outstandings	outstanding	NOUN
taxlaw-2799	200	18	by	by	ADP
taxlaw-2799	200	19	compressing	compress	VERB
taxlaw-2799	200	20	trades	trade	NOUN
taxlaw-2799	200	21	,	,	PUNCT
taxlaw-2799	200	22	as	as	ADV
taxlaw-2799	200	23	well	well	ADV
taxlaw-2799	200	24	as	as	ADP
taxlaw-2799	200	25	the	the	DET
taxlaw-2799	200	26	virtual	virtual	ADJ
taxlaw-2799	200	27	absence	absence	NOUN
taxlaw-2799	200	28	of	of	ADP
taxlaw-2799	200	29	new	new	ADJ
taxlaw-2799	200	30	structured	structured	ADJ
taxlaw-2799	200	31	credit	credit	NOUN
taxlaw-2799	200	32	deals	deal	NOUN
taxlaw-2799	200	33	.	.	PUNCT
taxlaw-2799	201	1	the	the	DET
taxlaw-2799	201	2	report	report	NOUN
taxlaw-2799	201	3	also	also	ADV
taxlaw-2799	201	4	notes	note	VERB
taxlaw-2799	201	5	that	that	SCONJ
taxlaw-2799	201	6	the	the	DET
taxlaw-2799	201	7	market	market	NOUN
taxlaw-2799	201	8	is	be	AUX
taxlaw-2799	201	9	now	now	ADV
taxlaw-2799	201	10	dominated	dominate	VERB
taxlaw-2799	201	11	by	by	ADP
taxlaw-2799	201	12	singlename	singlename	ADJ
taxlaw-2799	201	13	cds	cd	NOUN
taxlaw-2799	201	14	and	and	CCONJ
taxlaw-2799	201	15	index	index	NOUN
taxlaw-2799	201	16	cds	cd	NOUN
taxlaw-2799	201	17	,	,	PUNCT
taxlaw-2799	201	18	with	with	ADP
taxlaw-2799	201	19	a	a	DET
taxlaw-2799	201	20	decline	decline	NOUN
taxlaw-2799	201	21	in	in	ADP
taxlaw-2799	201	22	cds	cd	NOUN
taxlaw-2799	201	23	relating	relate	VERB
taxlaw-2799	201	24	to	to	ADP
taxlaw-2799	201	25	outstanding	outstanding	ADJ
taxlaw-2799	201	26	collateralized	collateralized	ADJ
taxlaw-2799	201	27	debt	debt	NOUN
taxlaw-2799	201	28	obligations	obligation	NOUN
taxlaw-2799	201	29	and	and	CCONJ
taxlaw-2799	201	30	other	other	ADJ
taxlaw-2799	201	31	complex	complex	ADJ
taxlaw-2799	201	32	products	product	NOUN
taxlaw-2799	201	33	.	.	PUNCT
taxlaw-2799	202	1	12	12	NUM
taxlaw-2799	202	2	the	the	DET
taxlaw-2799	202	3	most	most	ADV
taxlaw-2799	202	4	significant	significant	ADJ
taxlaw-2799	202	5	of	of	ADP
taxlaw-2799	202	6	these	these	DET
taxlaw-2799	202	7	steps	step	NOUN
taxlaw-2799	202	8	was	be	AUX
taxlaw-2799	202	9	the	the	DET
taxlaw-2799	202	10	“	"	PUNCT
taxlaw-2799	202	11	big	big	ADJ
taxlaw-2799	202	12	bang	bang	PROPN
taxlaw-2799	202	13	,	,	PUNCT
taxlaw-2799	202	14	”	"	PUNCT
taxlaw-2799	202	15	meaning	mean	VERB
taxlaw-2799	202	16	the	the	DET
taxlaw-2799	202	17	implementation	implementation	NOUN
taxlaw-2799	202	18	of	of	ADP
taxlaw-2799	202	19	a	a	DET
taxlaw-2799	202	20	protocol	protocol	NOUN
taxlaw-2799	202	21	amending	amend	VERB
taxlaw-2799	202	22	isda	isda	NOUN
taxlaw-2799	202	23	’s	’s	PART
taxlaw-2799	202	24	2003	2003	NUM
taxlaw-2799	202	25	credit	credit	NOUN
taxlaw-2799	202	26	derivatives	derivative	NOUN
taxlaw-2799	202	27	definitions	definition	NOUN
taxlaw-2799	202	28	(	(	PUNCT
taxlaw-2799	202	29	which	which	PRON
taxlaw-2799	202	30	are	be	AUX
taxlaw-2799	202	31	part	part	NOUN
taxlaw-2799	202	32	of	of	ADP
taxlaw-2799	202	33	the	the	DET
taxlaw-2799	202	34	isda	isda	PROPN
taxlaw-2799	202	35	standard	standard	ADJ
taxlaw-2799	202	36	documentation	documentation	NOUN
taxlaw-2799	202	37	for	for	ADP
taxlaw-2799	202	38	a	a	DET
taxlaw-2799	202	39	cds	cd	NOUN
taxlaw-2799	202	40	)	)	PUNCT
taxlaw-2799	202	41	to	to	PART
taxlaw-2799	202	42	provide	provide	VERB
taxlaw-2799	202	43	for	for	ADP
taxlaw-2799	202	44	the	the	DET
taxlaw-2799	202	45	establishment	establishment	NOUN
taxlaw-2799	202	46	of	of	ADP
taxlaw-2799	202	47	(	(	PUNCT
taxlaw-2799	202	48	i	i	NOUN
taxlaw-2799	202	49	)	)	PUNCT
taxlaw-2799	202	50	committees	committee	NOUN
taxlaw-2799	202	51	empowered	empower	VERB
taxlaw-2799	202	52	to	to	PART
taxlaw-2799	202	53	make	make	VERB
taxlaw-2799	202	54	final	final	ADJ
taxlaw-2799	202	55	decisions	decision	NOUN
taxlaw-2799	202	56	about	about	ADP
taxlaw-2799	202	57	contract	contract	NOUN
taxlaw-2799	202	58	interpretation	interpretation	NOUN
taxlaw-2799	202	59	issues	issue	NOUN
taxlaw-2799	202	60	including	include	VERB
taxlaw-2799	202	61	with	with	ADP
taxlaw-2799	202	62	respect	respect	NOUN
taxlaw-2799	202	63	to	to	ADP
taxlaw-2799	202	64	credit	credit	NOUN
taxlaw-2799	202	65	events	event	NOUN
taxlaw-2799	202	66	,	,	PUNCT
taxlaw-2799	202	67	settlement	settlement	NOUN
taxlaw-2799	202	68	procedures	procedure	NOUN
taxlaw-2799	202	69	and	and	CCONJ
taxlaw-2799	202	70	acceptable	acceptable	ADJ
taxlaw-2799	202	71	deliverable	deliverable	ADJ
taxlaw-2799	202	72	obligations	obligation	NOUN
taxlaw-2799	202	73	;	;	PUNCT
taxlaw-2799	202	74	(	(	PUNCT
taxlaw-2799	202	75	ii	ii	NOUN
taxlaw-2799	202	76	)	)	PUNCT
taxlaw-2799	202	77	a	a	DET
taxlaw-2799	202	78	standardized	standardized	ADJ
taxlaw-2799	202	79	cds	cd	NOUN
taxlaw-2799	202	80	settlement	settlement	NOUN
taxlaw-2799	202	81	procedure	procedure	NOUN
taxlaw-2799	202	82	;	;	PUNCT
taxlaw-2799	202	83	and	and	CCONJ
taxlaw-2799	202	84	(	(	PUNCT
taxlaw-2799	202	85	iii	iii	X
taxlaw-2799	202	86	)	)	PUNCT
taxlaw-2799	202	87	a	a	DET
taxlaw-2799	202	88	standard	standard	ADJ
taxlaw-2799	202	89	look	look	VERB
taxlaw-2799	202	90	-	-	PUNCT
taxlaw-2799	202	91	back	back	NOUN
taxlaw-2799	202	92	window	window	NOUN
taxlaw-2799	202	93	during	during	ADP
taxlaw-2799	202	94	which	which	PRON
taxlaw-2799	202	95	a	a	DET
taxlaw-2799	202	96	party	party	NOUN
taxlaw-2799	202	97	can	can	AUX
taxlaw-2799	202	98	claim	claim	VERB
taxlaw-2799	202	99	the	the	DET
taxlaw-2799	202	100	occurrence	occurrence	NOUN
taxlaw-2799	202	101	of	of	ADP
taxlaw-2799	202	102	a	a	DET
taxlaw-2799	202	103	credit	credit	NOUN
taxlaw-2799	202	104	event	event	NOUN
taxlaw-2799	202	105	or	or	CCONJ
taxlaw-2799	202	106	other	other	ADJ
taxlaw-2799	202	107	relevant	relevant	ADJ
taxlaw-2799	202	108	event	event	NOUN
taxlaw-2799	202	109	,	,	PUNCT
taxlaw-2799	202	110	resulting	result	VERB
taxlaw-2799	202	111	in	in	ADP
taxlaw-2799	202	112	a	a	DET
taxlaw-2799	202	113	standard	standard	ADJ
taxlaw-2799	202	114	effective	effective	ADJ
taxlaw-2799	202	115	date	date	NOUN
taxlaw-2799	202	116	for	for	ADP
taxlaw-2799	202	117	cds	cd	NOUN
taxlaw-2799	202	118	transactions	transaction	NOUN
taxlaw-2799	202	119	.	.	PUNCT
taxlaw-2799	203	1	while	while	SCONJ
taxlaw-2799	203	2	adherence	adherence	NOUN
taxlaw-2799	203	3	to	to	ADP
taxlaw-2799	203	4	the	the	DET
taxlaw-2799	203	5	protocol	protocol	NOUN
taxlaw-2799	203	6	was	be	AUX
taxlaw-2799	203	7	voluntary	voluntary	ADJ
taxlaw-2799	203	8	,	,	PUNCT
taxlaw-2799	203	9	it	it	PRON
taxlaw-2799	203	10	was	be	AUX
taxlaw-2799	203	11	widespread	widespread	ADJ
taxlaw-2799	203	12	.	.	PUNCT
taxlaw-2799	204	1	see	see	VERB
taxlaw-2799	204	2	isda	isda	NOUN
taxlaw-2799	204	3	,	,	PUNCT
taxlaw-2799	204	4	isda	isda	PROPN
taxlaw-2799	204	5	announces	announce	VERB
taxlaw-2799	204	6	successful	successful	ADJ
taxlaw-2799	204	7	implementation	implementation	NOUN
taxlaw-2799	204	8	of	of	ADP
taxlaw-2799	204	9	‘	'	PUNCT
taxlaw-2799	204	10	big	big	ADJ
taxlaw-2799	204	11	bang	bang	PROPN
taxlaw-2799	204	12	’	'	PUNCT
taxlaw-2799	204	13	cds	cds	PROPN
taxlaw-2799	204	14	protocol	protocol	NOUN
taxlaw-2799	204	15	;	;	PUNCT
taxlaw-2799	204	16	determinations	determination	NOUN
taxlaw-2799	204	17	committees	committee	NOUN
taxlaw-2799	204	18	and	and	CCONJ
taxlaw-2799	204	19	auction	auction	NOUN
taxlaw-2799	204	20	settlement	settlement	NOUN
taxlaw-2799	204	21	changes	change	NOUN
taxlaw-2799	204	22	take	take	VERB
taxlaw-2799	204	23	effect	effect	NOUN
taxlaw-2799	204	24	(	(	PUNCT
taxlaw-2799	204	25	apr	apr	NOUN
taxlaw-2799	204	26	.	.	PROPN
taxlaw-2799	204	27	8	8	NUM
taxlaw-2799	204	28	,	,	PUNCT
taxlaw-2799	204	29	2009	2009	NUM
taxlaw-2799	204	30	)	)	PUNCT
taxlaw-2799	204	31	,	,	PUNCT
taxlaw-2799	204	32	http://www.isda.org/press/press040809.html	http://www.isda.org/press/press040809.html	X
taxlaw-2799	204	33	(	(	PUNCT
taxlaw-2799	204	34	over	over	ADP
taxlaw-2799	204	35	2000	2000	NUM
taxlaw-2799	204	36	parties	party	NOUN
taxlaw-2799	204	37	adhered	adhere	VERB
taxlaw-2799	204	38	to	to	ADP
taxlaw-2799	204	39	the	the	DET
taxlaw-2799	204	40	new	new	ADJ
taxlaw-2799	204	41	protocol	protocol	NOUN
taxlaw-2799	204	42	by	by	ADP
taxlaw-2799	204	43	the	the	DET
taxlaw-2799	204	44	time	time	NOUN
taxlaw-2799	204	45	it	it	PRON
taxlaw-2799	204	46	closed	close	VERB
taxlaw-2799	204	47	on	on	ADP
taxlaw-2799	204	48	april	april	PROPN
taxlaw-2799	204	49	7	7	NUM
taxlaw-2799	204	50	,	,	PUNCT
taxlaw-2799	204	51	2009	2009	NUM
taxlaw-2799	204	52	)	)	PUNCT
taxlaw-2799	204	53	.	.	PUNCT
taxlaw-2799	205	1	a	a	DET
taxlaw-2799	205	2	“	"	PUNCT
taxlaw-2799	205	3	small	small	ADJ
taxlaw-2799	205	4	bang	bang	PROPN
taxlaw-2799	205	5	”	"	PUNCT
taxlaw-2799	205	6	protocol	protocol	NOUN
taxlaw-2799	205	7	was	be	AUX
taxlaw-2799	205	8	made	make	VERB
taxlaw-2799	205	9	available	available	ADJ
taxlaw-2799	205	10	a	a	DET
taxlaw-2799	205	11	few	few	ADJ
taxlaw-2799	205	12	months	month	NOUN
taxlaw-2799	205	13	later	later	ADV
taxlaw-2799	205	14	.	.	PUNCT
taxlaw-2799	206	1	adoption	adoption	NOUN
taxlaw-2799	206	2	of	of	ADP
taxlaw-2799	206	3	these	these	DET
taxlaw-2799	206	4	protocols	protocol	NOUN
taxlaw-2799	206	5	had	have	VERB
taxlaw-2799	206	6	the	the	DET
taxlaw-2799	206	7	effect	effect	NOUN
taxlaw-2799	206	8	not	not	PART
taxlaw-2799	206	9	only	only	ADV
taxlaw-2799	206	10	of	of	ADP
taxlaw-2799	206	11	setting	set	VERB
taxlaw-2799	206	12	market	market	NOUN
taxlaw-2799	206	13	standards	standard	NOUN
taxlaw-2799	206	14	for	for	ADP
taxlaw-2799	206	15	new	new	ADJ
taxlaw-2799	206	16	cds	cd	NOUN
taxlaw-2799	206	17	but	but	CCONJ
taxlaw-2799	206	18	also	also	ADV
taxlaw-2799	206	19	of	of	ADP
taxlaw-2799	206	20	amending	amend	VERB
taxlaw-2799	206	21	old	old	ADJ
taxlaw-2799	206	22	cds	cd	NOUN
taxlaw-2799	206	23	between	between	ADP
taxlaw-2799	206	24	adhering	adhere	VERB
taxlaw-2799	206	25	parties	party	NOUN
taxlaw-2799	206	26	.	.	PUNCT
taxlaw-2799	207	1	13	13	NUM
taxlaw-2799	207	2	the	the	DET
taxlaw-2799	207	3	standardization	standardization	NOUN
taxlaw-2799	207	4	of	of	ADP
taxlaw-2799	207	5	coupons	coupon	NOUN
taxlaw-2799	207	6	was	be	AUX
taxlaw-2799	207	7	not	not	PART
taxlaw-2799	207	8	hardwired	hardwired	ADJ
taxlaw-2799	207	9	into	into	ADP
taxlaw-2799	207	10	documentation	documentation	NOUN
taxlaw-2799	207	11	like	like	ADP
taxlaw-2799	207	12	the	the	DET
taxlaw-2799	207	13	big	big	PROPN
taxlaw-2799	207	14	bang	bang	PROPN
taxlaw-2799	207	15	protocol	protocol	NOUN
taxlaw-2799	207	16	.	.	PUNCT
taxlaw-2799	208	1	instead	instead	ADV
taxlaw-2799	208	2	,	,	PUNCT
taxlaw-2799	208	3	isda	isda	PROPN
taxlaw-2799	208	4	announced	announce	VERB
taxlaw-2799	208	5	that	that	SCONJ
taxlaw-2799	208	6	starting	start	VERB
taxlaw-2799	208	7	in	in	ADP
taxlaw-2799	208	8	april	april	PROPN
taxlaw-2799	208	9	2009	2009	NUM
taxlaw-2799	208	10	a	a	DET
taxlaw-2799	208	11	new	new	ADJ
taxlaw-2799	208	12	contract	contract	NOUN
taxlaw-2799	208	13	for	for	ADP
taxlaw-2799	208	14	cds	cd	NOUN
taxlaw-2799	208	15	on	on	ADP
taxlaw-2799	208	16	north	north	ADJ
taxlaw-2799	208	17	american	american	ADJ
taxlaw-2799	208	18	corporate	corporate	ADJ
taxlaw-2799	208	19	issuers	issuer	NOUN
taxlaw-2799	208	20	with	with	ADP
taxlaw-2799	208	21	standardized	standardized	ADJ
taxlaw-2799	208	22	terms	term	NOUN
taxlaw-2799	208	23	would	would	AUX
taxlaw-2799	208	24	be	be	AUX
taxlaw-2799	208	25	introduced	introduce	VERB
taxlaw-2799	208	26	.	.	PUNCT
taxlaw-2799	209	1	the	the	DET
taxlaw-2799	209	2	new	new	ADJ
taxlaw-2799	209	3	contract	contract	NOUN
taxlaw-2799	209	4	would	would	AUX
taxlaw-2799	209	5	(	(	PUNCT
taxlaw-2799	209	6	a	a	X
taxlaw-2799	209	7	)	)	PUNCT
taxlaw-2799	209	8	provide	provide	VERB
taxlaw-2799	209	9	for	for	ADP
taxlaw-2799	209	10	a	a	DET
taxlaw-2799	209	11	100	100	NUM
taxlaw-2799	209	12	basis	basis	NOUN
taxlaw-2799	209	13	point	point	NOUN
taxlaw-2799	209	14	coupon	coupon	NOUN
taxlaw-2799	209	15	for	for	ADP
taxlaw-2799	209	16	investment	investment	NOUN
taxlaw-2799	209	17	grade	grade	NOUN
taxlaw-2799	209	18	credits	credit	NOUN
taxlaw-2799	209	19	and	and	CCONJ
taxlaw-2799	209	20	a	a	DET
taxlaw-2799	209	21	500	500	NUM
taxlaw-2799	209	22	basis	basis	NOUN
taxlaw-2799	209	23	point	point	NOUN
taxlaw-2799	209	24	coupon	coupon	NOUN
taxlaw-2799	209	25	for	for	ADP
taxlaw-2799	209	26	high	high	ADJ
taxlaw-2799	209	27	yield	yield	NOUN
taxlaw-2799	209	28	credits	credit	NOUN
taxlaw-2799	209	29	,	,	PUNCT
taxlaw-2799	209	30	(	(	PUNCT
taxlaw-2799	209	31	b	b	X
taxlaw-2799	209	32	)	)	PUNCT
taxlaw-2799	209	33	provide	provide	VERB
taxlaw-2799	209	34	a	a	DET
taxlaw-2799	209	35	calendar	calendar	NOUN
taxlaw-2799	209	36	of	of	ADP
taxlaw-2799	209	37	quarterly	quarterly	ADV
taxlaw-2799	209	38	scheduled	schedule	VERB
taxlaw-2799	209	39	termination	termination	NOUN
taxlaw-2799	209	40	dates	date	NOUN
taxlaw-2799	209	41	,	,	PUNCT
taxlaw-2799	209	42	(	(	PUNCT
taxlaw-2799	209	43	c	c	X
taxlaw-2799	209	44	)	)	PUNCT
taxlaw-2799	209	45	eliminate	eliminate	VERB
taxlaw-2799	209	46	restructuring	restructuring	NOUN
taxlaw-2799	209	47	as	as	ADP
taxlaw-2799	209	48	a	a	DET
taxlaw-2799	209	49	credit	credit	NOUN
taxlaw-2799	209	50	event	event	NOUN
taxlaw-2799	209	51	,	,	PUNCT
taxlaw-2799	209	52	and	and	CCONJ
taxlaw-2799	209	53	(	(	PUNCT
taxlaw-2799	209	54	d	d	X
taxlaw-2799	209	55	)	)	PUNCT
taxlaw-2799	209	56	modify	modify	VERB
taxlaw-2799	209	57	the	the	DET
taxlaw-2799	209	58	accrual	accrual	ADJ
taxlaw-2799	209	59	start	start	NOUN
taxlaw-2799	209	60	date	date	NOUN
taxlaw-2799	209	61	for	for	ADP
taxlaw-2799	209	62	coupons	coupon	NOUN
taxlaw-2799	209	63	and	and	CCONJ
taxlaw-2799	209	64	provide	provide	VERB
taxlaw-2799	209	65	that	that	SCONJ
taxlaw-2799	209	66	all	all	DET
taxlaw-2799	209	67	coupons	coupon	NOUN
taxlaw-2799	209	68	,	,	PUNCT
taxlaw-2799	209	69	including	include	VERB
taxlaw-2799	209	70	the	the	DET
taxlaw-2799	209	71	first	first	ADJ
taxlaw-2799	209	72	coupon	coupon	NOUN
taxlaw-2799	209	73	,	,	PUNCT
taxlaw-2799	209	74	would	would	AUX
taxlaw-2799	209	75	be	be	AUX
taxlaw-2799	209	76	paid	pay	VERB
taxlaw-2799	209	77	as	as	ADP
taxlaw-2799	209	78	full	full	ADJ
taxlaw-2799	209	79	coupons	coupon	NOUN
taxlaw-2799	209	80	regardless	regardless	ADV
taxlaw-2799	209	81	of	of	ADP
taxlaw-2799	209	82	whether	whether	SCONJ
taxlaw-2799	209	83	the	the	DET
taxlaw-2799	209	84	parties	party	NOUN
taxlaw-2799	209	85	entered	enter	VERB
taxlaw-2799	209	86	into	into	ADP
taxlaw-2799	209	87	the	the	DET
taxlaw-2799	209	88	cds	cd	NOUN
taxlaw-2799	209	89	in	in	ADP
taxlaw-2799	209	90	the	the	DET
taxlaw-2799	209	91	middle	middle	NOUN
taxlaw-2799	209	92	of	of	ADP
taxlaw-2799	209	93	a	a	DET
taxlaw-2799	209	94	coupon	coupon	NOUN
taxlaw-2799	209	95	accrual	accrual	ADJ
taxlaw-2799	209	96	period	period	NOUN
taxlaw-2799	209	97	(	(	PUNCT
taxlaw-2799	209	98	similar	similar	ADJ
taxlaw-2799	209	99	to	to	ADP
taxlaw-2799	209	100	buying	buy	VERB
taxlaw-2799	209	101	a	a	DET
taxlaw-2799	209	102	bond	bond	NOUN
taxlaw-2799	209	103	with	with	ADP
taxlaw-2799	209	104	pre	pre	ADJ
taxlaw-2799	209	105	-	-	ADJ
taxlaw-2799	209	106	issuance	issuance	ADJ
taxlaw-2799	209	107	accrued	accrue	VERB
taxlaw-2799	209	108	interest	interest	NOUN
taxlaw-2799	209	109	)	)	PUNCT
taxlaw-2799	209	110	.	.	PUNCT
taxlaw-2799	210	1	these	these	DET
taxlaw-2799	210	2	changes	change	NOUN
taxlaw-2799	210	3	were	be	AUX
taxlaw-2799	210	4	expected	expect	VERB
taxlaw-2799	210	5	to	to	PART
taxlaw-2799	210	6	be	be	AUX
taxlaw-2799	210	7	the	the	DET
taxlaw-2799	210	8	primary	primary	ADJ
taxlaw-2799	210	9	method	method	NOUN
taxlaw-2799	210	10	for	for	ADP
taxlaw-2799	210	11	trading	trade	VERB
taxlaw-2799	210	12	north	north	ADJ
taxlaw-2799	210	13	american	american	ADJ
taxlaw-2799	210	14	corporate	corporate	ADJ
taxlaw-2799	210	15	cds	cd	NOUN
taxlaw-2799	210	16	going	go	VERB
taxlaw-2799	210	17	forward	forward	ADV
taxlaw-2799	210	18	.	.	PUNCT
taxlaw-2799	211	1	unlike	unlike	ADP
taxlaw-2799	211	2	the	the	DET
taxlaw-2799	211	3	big	big	PROPN
taxlaw-2799	211	4	bang	bang	PROPN
taxlaw-2799	211	5	protocol	protocol	NOUN
taxlaw-2799	211	6	,	,	PUNCT
taxlaw-2799	211	7	these	these	DET
taxlaw-2799	211	8	changes	change	NOUN
taxlaw-2799	211	9	did	do	AUX
taxlaw-2799	211	10	not	not	PART
taxlaw-2799	211	11	affect	affect	VERB
taxlaw-2799	211	12	historic	historic	ADJ
taxlaw-2799	211	13	trades	trade	NOUN
taxlaw-2799	211	14	,	,	PUNCT
taxlaw-2799	211	15	although	although	SCONJ
taxlaw-2799	211	16	parties	party	NOUN
taxlaw-2799	211	17	were	be	AUX
taxlaw-2799	211	18	free	free	ADJ
taxlaw-2799	211	19	to	to	PART
taxlaw-2799	211	20	amend	amend	VERB
taxlaw-2799	211	21	existing	exist	VERB
taxlaw-2799	211	22	trades	trade	NOUN
taxlaw-2799	211	23	to	to	PART
taxlaw-2799	211	24	conform	conform	VERB
taxlaw-2799	211	25	to	to	ADP
taxlaw-2799	211	26	those	those	DET
taxlaw-2799	211	27	terms	term	NOUN
taxlaw-2799	211	28	.	.	PUNCT
taxlaw-2799	212	1	12	12	NUM
taxlaw-2799	212	2	columbia	columbia	PROPN
taxlaw-2799	212	3	jour	jour	PROPN
taxlaw-2799	212	4	al	al	PROPN
taxlaw-2799	212	5	of	of	ADP
taxlaw-2799	212	6	tax	tax	NOUN
taxlaw-2799	212	7	law	law	NOUN
taxlaw-2799	212	8	[	[	X
taxlaw-2799	212	9	vol	vol	NOUN
taxlaw-2799	212	10	.	.	PUNCT
taxlaw-2799	212	11	2:1	2:1	NUM
taxlaw-2799	213	1	finally	finally	ADV
taxlaw-2799	213	2	,	,	PUNCT
taxlaw-2799	213	3	the	the	DET
taxlaw-2799	213	4	third	third	NOUN
taxlaw-2799	213	5	of	of	ADP
taxlaw-2799	213	6	these	these	DET
taxlaw-2799	213	7	steps	step	NOUN
taxlaw-2799	213	8	was	be	AUX
taxlaw-2799	213	9	the	the	DET
taxlaw-2799	213	10	initiation	initiation	NOUN
taxlaw-2799	213	11	of	of	ADP
taxlaw-2799	213	12	clearing	clearing	NOUN
taxlaw-2799	213	13	of	of	ADP
taxlaw-2799	213	14	standardized	standardized	ADJ
taxlaw-2799	213	15	cds	cd	NOUN
taxlaw-2799	213	16	in	in	ADP
taxlaw-2799	213	17	the	the	DET
taxlaw-2799	213	18	fall	fall	NOUN
taxlaw-2799	213	19	of	of	ADP
taxlaw-2799	213	20	2009	2009	NUM
taxlaw-2799	213	21	.	.	PUNCT
taxlaw-2799	214	1	the	the	DET
taxlaw-2799	214	2	clearing	clearing	NOUN
taxlaw-2799	214	3	process	process	NOUN
taxlaw-2799	214	4	is	be	AUX
taxlaw-2799	214	5	described	describe	VERB
taxlaw-2799	214	6	in	in	ADP
taxlaw-2799	214	7	more	more	ADJ
taxlaw-2799	214	8	detail	detail	NOUN
taxlaw-2799	214	9	in	in	ADP
taxlaw-2799	214	10	section	section	NOUN
taxlaw-2799	214	11	ii.a.2	ii.a.2	PROPN
taxlaw-2799	214	12	,	,	PUNCT
taxlaw-2799	214	13	below	below	ADV
taxlaw-2799	214	14	.	.	PUNCT
taxlaw-2799	215	1	4	4	X
taxlaw-2799	215	2	.	.	X
taxlaw-2799	215	3	futures	future	NOUN
taxlaw-2799	215	4	contracts	contract	NOUN
taxlaw-2799	215	5	.	.	PUNCT
taxlaw-2799	216	1	futures	future	NOUN
taxlaw-2799	216	2	contracts	contract	NOUN
taxlaw-2799	216	3	are	be	AUX
taxlaw-2799	216	4	among	among	ADP
taxlaw-2799	216	5	the	the	DET
taxlaw-2799	216	6	oldest	old	ADJ
taxlaw-2799	216	7	types	type	NOUN
taxlaw-2799	216	8	of	of	ADP
taxlaw-2799	216	9	derivative	derivative	ADJ
taxlaw-2799	216	10	financial	financial	ADJ
taxlaw-2799	216	11	instrument	instrument	NOUN
taxlaw-2799	216	12	.	.	PUNCT
taxlaw-2799	217	1	historically	historically	ADV
taxlaw-2799	217	2	,	,	PUNCT
taxlaw-2799	217	3	a	a	DET
taxlaw-2799	217	4	futures	future	NOUN
taxlaw-2799	217	5	contract	contract	NOUN
taxlaw-2799	217	6	was	be	AUX
taxlaw-2799	217	7	a	a	DET
taxlaw-2799	217	8	contract	contract	NOUN
taxlaw-2799	217	9	for	for	ADP
taxlaw-2799	217	10	the	the	DET
taxlaw-2799	217	11	sale	sale	NOUN
taxlaw-2799	217	12	of	of	ADP
taxlaw-2799	217	13	a	a	DET
taxlaw-2799	217	14	specified	specify	VERB
taxlaw-2799	217	15	amount	amount	NOUN
taxlaw-2799	217	16	of	of	ADP
taxlaw-2799	217	17	grain	grain	NOUN
taxlaw-2799	217	18	or	or	CCONJ
taxlaw-2799	217	19	another	another	DET
taxlaw-2799	217	20	agricultural	agricultural	ADJ
taxlaw-2799	217	21	commodity	commodity	NOUN
taxlaw-2799	217	22	,	,	PUNCT
taxlaw-2799	217	23	of	of	ADP
taxlaw-2799	217	24	a	a	DET
taxlaw-2799	217	25	specified	specified	ADJ
taxlaw-2799	217	26	grade	grade	NOUN
taxlaw-2799	217	27	,	,	PUNCT
taxlaw-2799	217	28	for	for	ADP
taxlaw-2799	217	29	delivery	delivery	NOUN
taxlaw-2799	217	30	at	at	ADP
taxlaw-2799	217	31	a	a	DET
taxlaw-2799	217	32	date	date	NOUN
taxlaw-2799	217	33	several	several	ADJ
taxlaw-2799	217	34	months	month	NOUN
taxlaw-2799	217	35	later	later	ADV
taxlaw-2799	217	36	.	.	PUNCT
taxlaw-2799	218	1	they	they	PRON
taxlaw-2799	218	2	were	be	AUX
taxlaw-2799	218	3	developed	develop	VERB
taxlaw-2799	218	4	in	in	ADP
taxlaw-2799	218	5	order	order	NOUN
taxlaw-2799	218	6	to	to	PART
taxlaw-2799	218	7	allow	allow	VERB
taxlaw-2799	218	8	farmers	farmer	NOUN
taxlaw-2799	218	9	and	and	CCONJ
taxlaw-2799	218	10	commodity	commodity	NOUN
taxlaw-2799	218	11	purchasers	purchaser	NOUN
taxlaw-2799	218	12	to	to	PART
taxlaw-2799	218	13	hedge	hedge	VERB
taxlaw-2799	218	14	their	their	PRON
taxlaw-2799	218	15	price	price	NOUN
taxlaw-2799	218	16	risk	risk	NOUN
taxlaw-2799	218	17	between	between	ADP
taxlaw-2799	218	18	the	the	DET
taxlaw-2799	218	19	date	date	NOUN
taxlaw-2799	218	20	the	the	DET
taxlaw-2799	218	21	contract	contract	NOUN
taxlaw-2799	218	22	was	be	AUX
taxlaw-2799	218	23	entered	enter	VERB
taxlaw-2799	218	24	into	into	ADP
taxlaw-2799	218	25	and	and	CCONJ
taxlaw-2799	218	26	the	the	DET
taxlaw-2799	218	27	delivery	delivery	NOUN
taxlaw-2799	218	28	date	date	NOUN
taxlaw-2799	218	29	.	.	PUNCT
taxlaw-2799	219	1	historically	historically	ADV
taxlaw-2799	219	2	they	they	PRON
taxlaw-2799	219	3	have	have	AUX
taxlaw-2799	219	4	in	in	ADP
taxlaw-2799	219	5	practice	practice	NOUN
taxlaw-2799	219	6	been	be	AUX
taxlaw-2799	219	7	very	very	ADV
taxlaw-2799	219	8	short	short	ADV
taxlaw-2799	219	9	-	-	PUNCT
taxlaw-2799	219	10	dated	date	VERB
taxlaw-2799	219	11	,	,	PUNCT
taxlaw-2799	219	12	with	with	ADP
taxlaw-2799	219	13	liquidity	liquidity	NOUN
taxlaw-2799	219	14	centered	center	VERB
taxlaw-2799	219	15	in	in	ADP
taxlaw-2799	219	16	contracts	contract	NOUN
taxlaw-2799	219	17	with	with	ADP
taxlaw-2799	219	18	a	a	DET
taxlaw-2799	219	19	remaining	remain	VERB
taxlaw-2799	219	20	term	term	NOUN
taxlaw-2799	219	21	of	of	ADP
taxlaw-2799	219	22	one	one	NUM
taxlaw-2799	219	23	month	month	NOUN
taxlaw-2799	219	24	,	,	PUNCT
taxlaw-2799	219	25	two	two	NUM
taxlaw-2799	219	26	months	month	NOUN
taxlaw-2799	219	27	and	and	CCONJ
taxlaw-2799	219	28	three	three	NUM
taxlaw-2799	219	29	months	month	NOUN
taxlaw-2799	219	30	.	.	PUNCT
taxlaw-2799	220	1	in	in	ADP
taxlaw-2799	220	2	recent	recent	ADJ
taxlaw-2799	220	3	decades	decade	NOUN
taxlaw-2799	220	4	,	,	PUNCT
taxlaw-2799	220	5	the	the	DET
taxlaw-2799	220	6	risk	risk	NOUN
taxlaw-2799	220	7	classes	class	VERB
taxlaw-2799	220	8	underlying	underlie	VERB
taxlaw-2799	220	9	futures	future	NOUN
taxlaw-2799	220	10	contracts	contract	NOUN
taxlaw-2799	220	11	have	have	AUX
taxlaw-2799	220	12	broadened	broaden	VERB
taxlaw-2799	220	13	dramatically	dramatically	ADV
taxlaw-2799	220	14	,	,	PUNCT
taxlaw-2799	220	15	and	and	CCONJ
taxlaw-2799	220	16	now	now	ADV
taxlaw-2799	220	17	include	include	VERB
taxlaw-2799	220	18	foreign	foreign	ADJ
taxlaw-2799	220	19	currency	currency	NOUN
taxlaw-2799	220	20	,	,	PUNCT
taxlaw-2799	220	21	oil	oil	NOUN
taxlaw-2799	220	22	and	and	CCONJ
taxlaw-2799	220	23	gas	gas	NOUN
taxlaw-2799	220	24	and	and	CCONJ
taxlaw-2799	220	25	other	other	ADJ
taxlaw-2799	220	26	energy	energy	NOUN
taxlaw-2799	220	27	products	product	NOUN
taxlaw-2799	220	28	,	,	PUNCT
taxlaw-2799	220	29	metals	metal	NOUN
taxlaw-2799	220	30	,	,	PUNCT
taxlaw-2799	220	31	stock	stock	NOUN
taxlaw-2799	220	32	indices	index	NOUN
taxlaw-2799	220	33	,	,	PUNCT
taxlaw-2799	220	34	interest	interest	NOUN
taxlaw-2799	220	35	rates	rate	NOUN
taxlaw-2799	220	36	,	,	PUNCT
taxlaw-2799	220	37	emission	emission	NOUN
taxlaw-2799	220	38	allowances	allowance	NOUN
taxlaw-2799	220	39	and	and	CCONJ
taxlaw-2799	220	40	other	other	ADJ
taxlaw-2799	220	41	“	"	PUNCT
taxlaw-2799	220	42	environmental	environmental	ADJ
taxlaw-2799	220	43	”	"	PUNCT
taxlaw-2799	220	44	products	product	NOUN
taxlaw-2799	220	45	,	,	PUNCT
taxlaw-2799	220	46	real	real	ADJ
taxlaw-2799	220	47	estate	estate	NOUN
taxlaw-2799	220	48	indices	index	NOUN
taxlaw-2799	220	49	,	,	PUNCT
taxlaw-2799	220	50	and	and	CCONJ
taxlaw-2799	220	51	weather	weather	NOUN
taxlaw-2799	220	52	indices	index	NOUN
taxlaw-2799	220	53	.	.	PUNCT
taxlaw-2799	221	1	unlike	unlike	ADP
taxlaw-2799	221	2	otc	otc	PROPN
taxlaw-2799	221	3	derivatives	derivative	NOUN
taxlaw-2799	221	4	,	,	PUNCT
taxlaw-2799	221	5	futures	future	NOUN
taxlaw-2799	221	6	contracts	contract	NOUN
taxlaw-2799	221	7	are	be	AUX
taxlaw-2799	221	8	traded	trade	VERB
taxlaw-2799	221	9	on	on	ADP
taxlaw-2799	221	10	commodities	commodity	NOUN
taxlaw-2799	221	11	exchanges	exchange	NOUN
taxlaw-2799	221	12	.	.	PUNCT
taxlaw-2799	222	1	thus	thus	ADV
taxlaw-2799	222	2	,	,	PUNCT
taxlaw-2799	222	3	a	a	DET
taxlaw-2799	222	4	party	party	NOUN
taxlaw-2799	222	5	who	who	PRON
taxlaw-2799	222	6	wishes	wish	VERB
taxlaw-2799	222	7	to	to	PART
taxlaw-2799	222	8	enter	enter	VERB
taxlaw-2799	222	9	into	into	ADP
taxlaw-2799	222	10	or	or	CCONJ
taxlaw-2799	222	11	close	close	VERB
taxlaw-2799	222	12	out	out	ADP
taxlaw-2799	222	13	a	a	DET
taxlaw-2799	222	14	futures	future	NOUN
taxlaw-2799	222	15	contract	contract	NOUN
taxlaw-2799	222	16	does	do	VERB
taxlaw-2799	222	17	so	so	ADV
taxlaw-2799	222	18	on	on	ADP
taxlaw-2799	222	19	a	a	DET
taxlaw-2799	222	20	public	public	ADJ
taxlaw-2799	222	21	market	market	NOUN
taxlaw-2799	222	22	where	where	SCONJ
taxlaw-2799	222	23	participants	participant	NOUN
taxlaw-2799	222	24	can	can	AUX
taxlaw-2799	222	25	see	see	VERB
taxlaw-2799	222	26	every	every	DET
taxlaw-2799	222	27	trade	trade	NOUN
taxlaw-2799	222	28	.	.	PUNCT
taxlaw-2799	223	1	futures	future	NOUN
taxlaw-2799	223	2	contracts	contract	NOUN
taxlaw-2799	223	3	are	be	AUX
taxlaw-2799	223	4	also	also	ADV
taxlaw-2799	223	5	subject	subject	ADJ
taxlaw-2799	223	6	to	to	ADP
taxlaw-2799	223	7	clearing	clear	VERB
taxlaw-2799	223	8	through	through	ADP
taxlaw-2799	223	9	a	a	DET
taxlaw-2799	223	10	central	central	ADJ
taxlaw-2799	223	11	counterparty	counterparty	NOUN
taxlaw-2799	223	12	,	,	PUNCT
taxlaw-2799	223	13	which	which	PRON
taxlaw-2799	223	14	results	result	VERB
taxlaw-2799	223	15	in	in	ADP
taxlaw-2799	223	16	the	the	DET
taxlaw-2799	223	17	clearinghouse	clearinghouse	NOUN
taxlaw-2799	223	18	becoming	become	VERB
taxlaw-2799	223	19	the	the	DET
taxlaw-2799	223	20	counterparty	counterparty	NOUN
taxlaw-2799	223	21	to	to	ADP
taxlaw-2799	223	22	every	every	DET
taxlaw-2799	223	23	trade	trade	NOUN
taxlaw-2799	223	24	.	.	PUNCT
taxlaw-2799	224	1	this	this	DET
taxlaw-2799	224	2	process	process	NOUN
taxlaw-2799	224	3	is	be	AUX
taxlaw-2799	224	4	described	describe	VERB
taxlaw-2799	224	5	in	in	ADP
taxlaw-2799	224	6	more	more	ADJ
taxlaw-2799	224	7	detail	detail	NOUN
taxlaw-2799	224	8	in	in	ADP
taxlaw-2799	224	9	section	section	NOUN
taxlaw-2799	224	10	iii.a.1	iii.a.1	NOUN
taxlaw-2799	224	11	,	,	PUNCT
taxlaw-2799	224	12	below	below	ADV
taxlaw-2799	224	13	.	.	PUNCT
taxlaw-2799	225	1	clearing	clearing	NOUN
taxlaw-2799	225	2	is	be	AUX
taxlaw-2799	225	3	a	a	DET
taxlaw-2799	225	4	way	way	NOUN
taxlaw-2799	225	5	of	of	ADP
taxlaw-2799	225	6	managing	manage	VERB
taxlaw-2799	225	7	credit	credit	NOUN
taxlaw-2799	225	8	risk	risk	NOUN
taxlaw-2799	225	9	.	.	PUNCT
taxlaw-2799	226	1	it	it	PRON
taxlaw-2799	226	2	also	also	ADV
taxlaw-2799	226	3	makes	make	VERB
taxlaw-2799	226	4	it	it	PRON
taxlaw-2799	226	5	very	very	ADV
taxlaw-2799	226	6	easy	easy	ADJ
taxlaw-2799	226	7	to	to	PART
taxlaw-2799	226	8	close	close	VERB
taxlaw-2799	226	9	out	out	ADP
taxlaw-2799	226	10	transactions	transaction	NOUN
taxlaw-2799	226	11	,	,	PUNCT
taxlaw-2799	226	12	so	so	SCONJ
taxlaw-2799	226	13	that	that	SCONJ
taxlaw-2799	226	14	futures	future	NOUN
taxlaw-2799	226	15	contracts	contract	NOUN
taxlaw-2799	226	16	in	in	ADP
taxlaw-2799	226	17	active	active	ADJ
taxlaw-2799	226	18	maturities	maturity	NOUN
taxlaw-2799	226	19	are	be	AUX
taxlaw-2799	226	20	very	very	ADV
taxlaw-2799	226	21	liquid	liquid	ADJ
taxlaw-2799	226	22	.	.	PUNCT
taxlaw-2799	227	1	dodd	dodd	PROPN
taxlaw-2799	227	2	-	-	PUNCT
taxlaw-2799	227	3	frank	frank	PROPN
taxlaw-2799	227	4	’s	’s	PART
taxlaw-2799	227	5	reforms	reform	NOUN
taxlaw-2799	227	6	of	of	ADP
taxlaw-2799	227	7	the	the	DET
taxlaw-2799	227	8	derivatives	derivative	NOUN
taxlaw-2799	227	9	market	market	NOUN
taxlaw-2799	227	10	are	be	AUX
taxlaw-2799	227	11	intended	intend	VERB
taxlaw-2799	227	12	to	to	PART
taxlaw-2799	227	13	expand	expand	VERB
taxlaw-2799	227	14	the	the	DET
taxlaw-2799	227	15	transparency	transparency	NOUN
taxlaw-2799	227	16	,	,	PUNCT
taxlaw-2799	227	17	credit	credit	NOUN
taxlaw-2799	227	18	risk	risk	NOUN
taxlaw-2799	227	19	management	management	NOUN
taxlaw-2799	227	20	and	and	CCONJ
taxlaw-2799	227	21	liquidity	liquidity	NOUN
taxlaw-2799	227	22	of	of	ADP
taxlaw-2799	227	23	the	the	DET
taxlaw-2799	227	24	futures	future	NOUN
taxlaw-2799	227	25	markets	market	NOUN
taxlaw-2799	227	26	to	to	PART
taxlaw-2799	227	27	include	include	VERB
taxlaw-2799	227	28	what	what	PRON
taxlaw-2799	227	29	have	have	AUX
taxlaw-2799	227	30	been	be	AUX
taxlaw-2799	227	31	to	to	ADP
taxlaw-2799	227	32	date	date	NOUN
taxlaw-2799	227	33	otc	otc	PROPN
taxlaw-2799	227	34	derivatives	derivative	NOUN
taxlaw-2799	227	35	.	.	PUNCT
taxlaw-2799	228	1	these	these	DET
taxlaw-2799	228	2	features	feature	NOUN
taxlaw-2799	228	3	come	come	VERB
taxlaw-2799	228	4	at	at	ADP
taxlaw-2799	228	5	a	a	DET
taxlaw-2799	228	6	price	price	NOUN
taxlaw-2799	228	7	,	,	PUNCT
taxlaw-2799	228	8	of	of	ADP
taxlaw-2799	228	9	course	course	NOUN
taxlaw-2799	228	10	—	—	PUNCT
taxlaw-2799	228	11	it	it	PRON
taxlaw-2799	228	12	can	can	AUX
taxlaw-2799	228	13	be	be	AUX
taxlaw-2799	228	14	more	more	ADV
taxlaw-2799	228	15	expensive	expensive	ADJ
taxlaw-2799	228	16	to	to	PART
taxlaw-2799	228	17	transact	transact	VERB
taxlaw-2799	228	18	through	through	ADP
taxlaw-2799	228	19	the	the	DET
taxlaw-2799	228	20	futures	future	NOUN
taxlaw-2799	228	21	markets	market	NOUN
taxlaw-2799	228	22	than	than	ADP
taxlaw-2799	228	23	the	the	DET
taxlaw-2799	228	24	otc	otc	PROPN
taxlaw-2799	228	25	market	market	NOUN
taxlaw-2799	228	26	,	,	PUNCT
taxlaw-2799	228	27	and	and	CCONJ
taxlaw-2799	228	28	market	market	NOUN
taxlaw-2799	228	29	participants	participant	NOUN
taxlaw-2799	228	30	may	may	AUX
taxlaw-2799	228	31	prefer	prefer	VERB
taxlaw-2799	228	32	to	to	PART
taxlaw-2799	228	33	negotiate	negotiate	VERB
taxlaw-2799	228	34	their	their	PRON
taxlaw-2799	228	35	trades	trade	NOUN
taxlaw-2799	228	36	without	without	ADP
taxlaw-2799	228	37	the	the	DET
taxlaw-2799	228	38	full	full	ADJ
taxlaw-2799	228	39	spotlight	spotlight	NOUN
taxlaw-2799	228	40	of	of	ADP
taxlaw-2799	228	41	the	the	DET
taxlaw-2799	228	42	market	market	NOUN
taxlaw-2799	228	43	on	on	ADP
taxlaw-2799	228	44	them	they	PRON
taxlaw-2799	228	45	.	.	PUNCT
taxlaw-2799	229	1	the	the	DET
taxlaw-2799	229	2	latter	latter	ADJ
taxlaw-2799	229	3	point	point	NOUN
taxlaw-2799	229	4	has	have	AUX
taxlaw-2799	229	5	led	lead	VERB
taxlaw-2799	229	6	to	to	ADP
taxlaw-2799	229	7	a	a	DET
taxlaw-2799	229	8	sort	sort	NOUN
taxlaw-2799	229	9	of	of	ADP
taxlaw-2799	229	10	hybrid	hybrid	ADJ
taxlaw-2799	229	11	contract	contract	NOUN
taxlaw-2799	229	12	in	in	ADP
taxlaw-2799	229	13	recent	recent	ADJ
taxlaw-2799	229	14	years	year	NOUN
taxlaw-2799	229	15	,	,	PUNCT
taxlaw-2799	229	16	in	in	ADP
taxlaw-2799	229	17	which	which	PRON
taxlaw-2799	229	18	parties	party	NOUN
taxlaw-2799	229	19	negotiate	negotiate	VERB
taxlaw-2799	229	20	a	a	DET
taxlaw-2799	229	21	contract	contract	NOUN
taxlaw-2799	229	22	privately	privately	ADV
taxlaw-2799	229	23	and	and	CCONJ
taxlaw-2799	229	24	then	then	ADV
taxlaw-2799	229	25	submit	submit	VERB
taxlaw-2799	229	26	it	it	PRON
taxlaw-2799	229	27	to	to	ADP
taxlaw-2799	229	28	a	a	DET
taxlaw-2799	229	29	central	central	ADJ
taxlaw-2799	229	30	counterparty	counterparty	NOUN
taxlaw-2799	229	31	(	(	PUNCT
taxlaw-2799	229	32	a	a	DET
taxlaw-2799	229	33	clearinghouse	clearinghouse	NOUN
taxlaw-2799	229	34	that	that	PRON
taxlaw-2799	229	35	may	may	AUX
taxlaw-2799	229	36	or	or	CCONJ
taxlaw-2799	229	37	may	may	AUX
taxlaw-2799	229	38	not	not	PART
taxlaw-2799	229	39	be	be	AUX
taxlaw-2799	229	40	associated	associate	VERB
taxlaw-2799	229	41	with	with	ADP
taxlaw-2799	229	42	a	a	DET
taxlaw-2799	229	43	particular	particular	ADJ
taxlaw-2799	229	44	exchange	exchange	NOUN
taxlaw-2799	229	45	)	)	PUNCT
taxlaw-2799	229	46	for	for	ADP
taxlaw-2799	229	47	clearing	clearing	NOUN
taxlaw-2799	229	48	.	.	PUNCT
taxlaw-2799	230	1	that	that	ADV
taxlaw-2799	230	2	is	be	AUX
taxlaw-2799	230	3	,	,	PUNCT
taxlaw-2799	230	4	such	such	ADJ
taxlaw-2799	230	5	contracts	contract	NOUN
taxlaw-2799	230	6	are	be	AUX
taxlaw-2799	230	7	centrally	centrally	ADV
taxlaw-2799	230	8	cleared	clear	VERB
taxlaw-2799	230	9	but	but	CCONJ
taxlaw-2799	230	10	not	not	PART
taxlaw-2799	230	11	exchange	exchange	NOUN
taxlaw-2799	230	12	-	-	PUNCT
taxlaw-2799	230	13	traded	trade	VERB
taxlaw-2799	230	14	.	.	PUNCT
taxlaw-2799	231	1	energy	energy	NOUN
taxlaw-2799	231	2	swaps	swap	NOUN
taxlaw-2799	231	3	and	and	CCONJ
taxlaw-2799	231	4	cds	cd	NOUN
taxlaw-2799	231	5	are	be	AUX
taxlaw-2799	231	6	perhaps	perhaps	ADV
taxlaw-2799	231	7	the	the	DET
taxlaw-2799	231	8	most	most	ADV
taxlaw-2799	231	9	active	active	ADJ
taxlaw-2799	231	10	contracts	contract	NOUN
taxlaw-2799	231	11	of	of	ADP
taxlaw-2799	231	12	this	this	DET
taxlaw-2799	231	13	kind	kind	NOUN
taxlaw-2799	231	14	.	.	PUNCT
taxlaw-2799	232	1	b.	b.	PROPN
taxlaw-2799	232	2	overview	overview	NOUN
taxlaw-2799	232	3	of	of	ADP
taxlaw-2799	232	4	taxation	taxation	NOUN
taxlaw-2799	232	5	of	of	ADP
taxlaw-2799	232	6	common	common	ADJ
taxlaw-2799	232	7	otc	otc	PROPN
taxlaw-2799	232	8	derivatives	derivative	NOUN
taxlaw-2799	232	9	.	.	PUNCT
taxlaw-2799	233	1	1	1	X
taxlaw-2799	233	2	.	.	X
taxlaw-2799	233	3	otional	otional	ADJ
taxlaw-2799	233	4	principal	principal	ADJ
taxlaw-2799	233	5	contracts	contract	NOUN
taxlaw-2799	233	6	.	.	PUNCT
taxlaw-2799	234	1	an	an	DET
taxlaw-2799	234	2	interest	interest	NOUN
taxlaw-2799	234	3	rate	rate	NOUN
taxlaw-2799	234	4	or	or	CCONJ
taxlaw-2799	234	5	foreign	foreign	ADJ
taxlaw-2799	234	6	currency	currency	NOUN
taxlaw-2799	234	7	swap	swap	NOUN
taxlaw-2799	234	8	of	of	ADP
taxlaw-2799	234	9	the	the	DET
taxlaw-2799	234	10	kind	kind	NOUN
taxlaw-2799	234	11	described	describe	VERB
taxlaw-2799	234	12	above	above	ADV
taxlaw-2799	234	13	is	be	AUX
taxlaw-2799	234	14	a	a	DET
taxlaw-2799	234	15	“	"	PUNCT
taxlaw-2799	234	16	notional	notional	ADJ
taxlaw-2799	234	17	principal	principal	ADJ
taxlaw-2799	234	18	contract	contract	NOUN
taxlaw-2799	234	19	,	,	PUNCT
taxlaw-2799	234	20	”	"	PUNCT
taxlaw-2799	234	21	or	or	CCONJ
taxlaw-2799	234	22	npc	npc	NOUN
taxlaw-2799	234	23	.	.	PUNCT
taxlaw-2799	235	1	although	although	SCONJ
taxlaw-2799	235	2	technically	technically	ADV
taxlaw-2799	235	3	a	a	DET
taxlaw-2799	235	4	different	different	ADJ
taxlaw-2799	235	5	set	set	NOUN
taxlaw-2799	235	6	of	of	ADP
taxlaw-2799	235	7	timing	timing	NOUN
taxlaw-2799	235	8	and	and	CCONJ
taxlaw-2799	235	9	character	character	NOUN
taxlaw-2799	235	10	rules	rule	NOUN
taxlaw-2799	235	11	apply	apply	VERB
taxlaw-2799	235	12	to	to	ADP
taxlaw-2799	235	13	interest	interest	NOUN
taxlaw-2799	235	14	rate	rate	NOUN
taxlaw-2799	235	15	swaps	swap	NOUN
taxlaw-2799	235	16	than	than	ADP
taxlaw-2799	235	17	foreign	foreign	ADJ
taxlaw-2799	235	18	currency	currency	NOUN
taxlaw-2799	235	19	swaps	swap	NOUN
taxlaw-2799	235	20	,	,	PUNCT
taxlaw-2799	235	21	those	those	DET
taxlaw-2799	235	22	differences	difference	NOUN
taxlaw-2799	235	23	are	be	AUX
taxlaw-2799	235	24	not	not	PART
taxlaw-2799	235	25	significant	significant	ADJ
taxlaw-2799	235	26	for	for	ADP
taxlaw-2799	235	27	purposes	purpose	NOUN
taxlaw-2799	235	28	of	of	ADP
taxlaw-2799	235	29	this	this	DET
taxlaw-2799	235	30	discussion	discussion	NOUN
taxlaw-2799	235	31	.	.	PUNCT
taxlaw-2799	236	1	the	the	DET
taxlaw-2799	236	2	term	term	NOUN
taxlaw-2799	236	3	“	"	PUNCT
taxlaw-2799	236	4	notional	notional	ADJ
taxlaw-2799	236	5	principal	principal	ADJ
taxlaw-2799	236	6	contract	contract	NOUN
taxlaw-2799	236	7	”	"	PUNCT
taxlaw-2799	236	8	is	be	AUX
taxlaw-2799	236	9	a	a	DET
taxlaw-2799	236	10	tax	tax	NOUN
taxlaw-2799	236	11	term	term	NOUN
taxlaw-2799	236	12	of	of	ADP
taxlaw-2799	236	13	art	art	NOUN
taxlaw-2799	236	14	.	.	PUNCT
taxlaw-2799	237	1	the	the	DET
taxlaw-2799	237	2	closest	close	ADJ
taxlaw-2799	237	3	term	term	NOUN
taxlaw-2799	237	4	used	use	VERB
taxlaw-2799	237	5	by	by	ADP
taxlaw-2799	237	6	non	non	ADJ
taxlaw-2799	237	7	-	-	ADJ
taxlaw-2799	237	8	tax	tax	ADJ
taxlaw-2799	237	9	lawyers	lawyer	NOUN
taxlaw-2799	237	10	is	be	AUX
taxlaw-2799	237	11	“	"	PUNCT
taxlaw-2799	237	12	swap	swap	ADJ
taxlaw-2799	237	13	,	,	PUNCT
taxlaw-2799	237	14	”	"	PUNCT
taxlaw-2799	237	15	but	but	CCONJ
taxlaw-2799	237	16	there	there	PRON
taxlaw-2799	237	17	are	be	VERB
taxlaw-2799	237	18	swaps	swap	NOUN
taxlaw-2799	237	19	that	that	PRON
taxlaw-2799	237	20	do	do	AUX
taxlaw-2799	237	21	not	not	PART
taxlaw-2799	237	22	qualify	qualify	VERB
taxlaw-2799	237	23	as	as	ADP
taxlaw-2799	237	24	npcs	npc	NOUN
taxlaw-2799	237	25	.	.	PUNCT
taxlaw-2799	238	1	to	to	PART
taxlaw-2799	238	2	further	far	ADV
taxlaw-2799	238	3	confuse	confuse	VERB
taxlaw-2799	238	4	matters	matter	NOUN
taxlaw-2799	238	5	,	,	PUNCT
taxlaw-2799	238	6	the	the	DET
taxlaw-2799	238	7	npc	npc	NOUN
taxlaw-2799	238	8	timing	timing	NOUN
taxlaw-2799	238	9	regulations	regulation	NOUN
taxlaw-2799	238	10	described	describe	VERB
taxlaw-2799	238	11	below	below	ADP
taxlaw-2799	238	12	classify	classify	VERB
taxlaw-2799	238	13	npcs	npc	NOUN
taxlaw-2799	238	14	into	into	ADP
taxlaw-2799	238	15	swaps	swap	NOUN
taxlaw-2799	238	16	,	,	PUNCT
taxlaw-2799	238	17	caps	cap	NOUN
taxlaw-2799	238	18	and	and	CCONJ
taxlaw-2799	238	19	floors	floor	NOUN
taxlaw-2799	238	20	.	.	PUNCT
taxlaw-2799	239	1	2011	2011	NUM
taxlaw-2799	239	2	]	]	PUNCT
taxlaw-2799	239	3	ew	ew	AUX
taxlaw-2799	239	4	tax	tax	NOUN
taxlaw-2799	239	5	issues	issue	NOUN
taxlaw-2799	239	6	arisi	arisi	VERB
taxlaw-2799	239	7	g	g	PROPN
taxlaw-2799	239	8	from	from	ADP
taxlaw-2799	239	9	the	the	DET
taxlaw-2799	239	10	dodd	dodd	NOUN
taxlaw-2799	239	11	-	-	PUNCT
taxlaw-2799	239	12	fra	fra	PROPN
taxlaw-2799	239	13	k	k	PROPN
taxlaw-2799	239	14	act	act	PROPN
taxlaw-2799	239	15	13	13	NUM
taxlaw-2799	239	16	the	the	DET
taxlaw-2799	239	17	term	term	NOUN
taxlaw-2799	239	18	“	"	PUNCT
taxlaw-2799	239	19	notional	notional	ADJ
taxlaw-2799	239	20	principal	principal	ADJ
taxlaw-2799	239	21	contract	contract	NOUN
taxlaw-2799	239	22	”	"	PUNCT
taxlaw-2799	239	23	or	or	CCONJ
taxlaw-2799	239	24	variants	variant	NOUN
taxlaw-2799	239	25	on	on	ADP
taxlaw-2799	239	26	that	that	DET
taxlaw-2799	239	27	term	term	NOUN
taxlaw-2799	239	28	are	be	AUX
taxlaw-2799	239	29	defined	define	VERB
taxlaw-2799	239	30	in	in	ADP
taxlaw-2799	239	31	several	several	ADJ
taxlaw-2799	239	32	places	place	NOUN
taxlaw-2799	239	33	in	in	ADP
taxlaw-2799	239	34	the	the	DET
taxlaw-2799	239	35	code	code	NOUN
taxlaw-2799	239	36	and	and	CCONJ
taxlaw-2799	239	37	regulations.14	regulations.14	VERB
taxlaw-2799	239	38	the	the	DET
taxlaw-2799	239	39	only	only	ADJ
taxlaw-2799	239	40	comprehensive	comprehensive	ADJ
taxlaw-2799	239	41	definition	definition	NOUN
taxlaw-2799	239	42	of	of	ADP
taxlaw-2799	239	43	the	the	DET
taxlaw-2799	239	44	term	term	NOUN
taxlaw-2799	239	45	is	be	AUX
taxlaw-2799	239	46	in	in	ADP
taxlaw-2799	239	47	treasury	treasury	NOUN
taxlaw-2799	239	48	regulation	regulation	NOUN
taxlaw-2799	239	49	§	§	PROPN
taxlaw-2799	239	50	1.446	1.446	NUM
taxlaw-2799	239	51	-	-	SYM
taxlaw-2799	239	52	3	3	NUM
taxlaw-2799	239	53	,	,	PUNCT
taxlaw-2799	239	54	which	which	PRON
taxlaw-2799	239	55	provides	provide	VERB
taxlaw-2799	239	56	timing	timing	NOUN
taxlaw-2799	239	57	rules	rule	NOUN
taxlaw-2799	239	58	for	for	ADP
taxlaw-2799	239	59	npcs	npc	NOUN
taxlaw-2799	239	60	.	.	PUNCT
taxlaw-2799	240	1	it	it	PRON
taxlaw-2799	240	2	defines	define	VERB
taxlaw-2799	240	3	an	an	DET
taxlaw-2799	240	4	npc	npc	NOUN
taxlaw-2799	240	5	as	as	ADP
taxlaw-2799	240	6	“	"	PUNCT
taxlaw-2799	240	7	a	a	DET
taxlaw-2799	240	8	financial	financial	ADJ
taxlaw-2799	240	9	instrument	instrument	NOUN
taxlaw-2799	240	10	that	that	PRON
taxlaw-2799	240	11	provides	provide	VERB
taxlaw-2799	240	12	for	for	ADP
taxlaw-2799	240	13	the	the	DET
taxlaw-2799	240	14	payment	payment	NOUN
taxlaw-2799	240	15	of	of	ADP
taxlaw-2799	240	16	amounts	amount	NOUN
taxlaw-2799	240	17	by	by	ADP
taxlaw-2799	240	18	one	one	NUM
taxlaw-2799	240	19	party	party	NOUN
taxlaw-2799	240	20	to	to	ADP
taxlaw-2799	240	21	another	another	PRON
taxlaw-2799	240	22	at	at	ADP
taxlaw-2799	240	23	specified	specify	VERB
taxlaw-2799	240	24	intervals	interval	NOUN
taxlaw-2799	240	25	calculated	calculate	VERB
taxlaw-2799	240	26	by	by	ADP
taxlaw-2799	240	27	reference	reference	NOUN
taxlaw-2799	240	28	to	to	ADP
taxlaw-2799	240	29	a	a	DET
taxlaw-2799	240	30	specified	specified	ADJ
taxlaw-2799	240	31	index	index	NOUN
taxlaw-2799	240	32	upon	upon	SCONJ
taxlaw-2799	240	33	a	a	DET
taxlaw-2799	240	34	notional	notional	ADJ
taxlaw-2799	240	35	principal	principal	ADJ
taxlaw-2799	240	36	amount	amount	NOUN
taxlaw-2799	240	37	in	in	ADP
taxlaw-2799	240	38	exchange	exchange	NOUN
taxlaw-2799	240	39	for	for	ADP
taxlaw-2799	240	40	specified	specify	VERB
taxlaw-2799	240	41	consideration	consideration	NOUN
taxlaw-2799	240	42	or	or	CCONJ
taxlaw-2799	240	43	a	a	DET
taxlaw-2799	240	44	promise	promise	NOUN
taxlaw-2799	240	45	to	to	PART
taxlaw-2799	240	46	pay	pay	VERB
taxlaw-2799	240	47	similar	similar	ADJ
taxlaw-2799	240	48	amounts	amount	NOUN
taxlaw-2799	240	49	.	.	PUNCT
taxlaw-2799	241	1	”15	”15	ADJ
taxlaw-2799	241	2	because	because	SCONJ
taxlaw-2799	241	3	this	this	DET
taxlaw-2799	241	4	definition	definition	NOUN
taxlaw-2799	241	5	is	be	AUX
taxlaw-2799	241	6	very	very	ADV
taxlaw-2799	241	7	broad	broad	ADJ
taxlaw-2799	241	8	,	,	PUNCT
taxlaw-2799	241	9	the	the	DET
taxlaw-2799	241	10	regulation	regulation	NOUN
taxlaw-2799	241	11	goes	go	VERB
taxlaw-2799	241	12	on	on	ADP
taxlaw-2799	241	13	to	to	PART
taxlaw-2799	241	14	exclude	exclude	VERB
taxlaw-2799	241	15	from	from	ADP
taxlaw-2799	241	16	its	its	PRON
taxlaw-2799	241	17	scope	scope	NOUN
taxlaw-2799	241	18	a	a	DET
taxlaw-2799	241	19	section	section	NOUN
taxlaw-2799	241	20	1256	1256	NUM
taxlaw-2799	241	21	contract	contract	NOUN
taxlaw-2799	241	22	,	,	PUNCT
taxlaw-2799	241	23	a	a	DET
taxlaw-2799	241	24	futures	future	NOUN
taxlaw-2799	241	25	contract	contract	NOUN
taxlaw-2799	241	26	,	,	PUNCT
taxlaw-2799	241	27	a	a	DET
taxlaw-2799	241	28	forward	forward	ADJ
taxlaw-2799	241	29	contract	contract	NOUN
taxlaw-2799	241	30	,	,	PUNCT
taxlaw-2799	241	31	an	an	DET
taxlaw-2799	241	32	option	option	NOUN
taxlaw-2799	241	33	and	and	CCONJ
taxlaw-2799	241	34	debt	debt	NOUN
taxlaw-2799	241	35	.	.	PUNCT
taxlaw-2799	242	1	accordingly	accordingly	ADV
taxlaw-2799	242	2	,	,	PUNCT
taxlaw-2799	242	3	if	if	SCONJ
taxlaw-2799	242	4	a	a	DET
taxlaw-2799	242	5	swap	swap	NOUN
taxlaw-2799	242	6	constitutes	constitute	VERB
taxlaw-2799	242	7	a	a	DET
taxlaw-2799	242	8	section	section	NOUN
taxlaw-2799	242	9	1256	1256	NUM
taxlaw-2799	242	10	contract	contract	NOUN
taxlaw-2799	242	11	or	or	CCONJ
taxlaw-2799	242	12	an	an	DET
taxlaw-2799	242	13	option	option	NOUN
taxlaw-2799	242	14	,	,	PUNCT
taxlaw-2799	242	15	it	it	PRON
taxlaw-2799	242	16	can	can	AUX
taxlaw-2799	242	17	not	not	PART
taxlaw-2799	242	18	be	be	AUX
taxlaw-2799	242	19	an	an	DET
taxlaw-2799	242	20	npc	npc	NOUN
taxlaw-2799	242	21	for	for	ADP
taxlaw-2799	242	22	purposes	purpose	NOUN
taxlaw-2799	242	23	of	of	ADP
taxlaw-2799	242	24	these	these	DET
taxlaw-2799	242	25	timing	timing	NOUN
taxlaw-2799	242	26	rules	rule	NOUN
taxlaw-2799	242	27	.	.	PUNCT
taxlaw-2799	243	1	a	a	DET
taxlaw-2799	243	2	cap	cap	NOUN
taxlaw-2799	243	3	or	or	CCONJ
taxlaw-2799	243	4	floor	floor	NOUN
taxlaw-2799	243	5	is	be	AUX
taxlaw-2799	243	6	a	a	DET
taxlaw-2799	243	7	series	series	NOUN
taxlaw-2799	243	8	of	of	ADP
taxlaw-2799	243	9	options	option	NOUN
taxlaw-2799	243	10	,	,	PUNCT
taxlaw-2799	243	11	for	for	ADP
taxlaw-2799	243	12	example	example	NOUN
taxlaw-2799	243	13	a	a	DET
taxlaw-2799	243	14	contract	contract	NOUN
taxlaw-2799	243	15	to	to	PART
taxlaw-2799	243	16	make	make	VERB
taxlaw-2799	243	17	a	a	DET
taxlaw-2799	243	18	payment	payment	NOUN
taxlaw-2799	243	19	on	on	ADP
taxlaw-2799	243	20	any	any	DET
taxlaw-2799	243	21	interest	interest	NOUN
taxlaw-2799	243	22	payment	payment	NOUN
taxlaw-2799	243	23	date	date	NOUN
taxlaw-2799	243	24	over	over	ADP
taxlaw-2799	243	25	a	a	DET
taxlaw-2799	243	26	specified	specified	ADJ
taxlaw-2799	243	27	number	number	NOUN
taxlaw-2799	243	28	of	of	ADP
taxlaw-2799	243	29	years	year	NOUN
taxlaw-2799	243	30	if	if	SCONJ
taxlaw-2799	243	31	market	market	NOUN
taxlaw-2799	243	32	interest	interest	NOUN
taxlaw-2799	243	33	rates	rate	NOUN
taxlaw-2799	243	34	rise	rise	VERB
taxlaw-2799	243	35	above	above	ADP
taxlaw-2799	243	36	x	x	PART
taxlaw-2799	243	37	percent	percent	NOUN
taxlaw-2799	243	38	,	,	PUNCT
taxlaw-2799	243	39	equal	equal	ADJ
taxlaw-2799	243	40	to	to	ADP
taxlaw-2799	243	41	[	[	PUNCT
taxlaw-2799	243	42	the	the	DET
taxlaw-2799	243	43	market	market	NOUN
taxlaw-2799	243	44	rate	rate	NOUN
taxlaw-2799	243	45	minus	minus	CCONJ
taxlaw-2799	243	46	x	x	SYM
taxlaw-2799	243	47	percent	percent	NOUN
taxlaw-2799	243	48	]	]	PUNCT
taxlaw-2799	243	49	times	time	VERB
taxlaw-2799	243	50	a	a	DET
taxlaw-2799	243	51	notional	notional	ADJ
taxlaw-2799	243	52	principal	principal	ADJ
taxlaw-2799	243	53	amount	amount	NOUN
taxlaw-2799	243	54	.	.	PUNCT
taxlaw-2799	244	1	the	the	DET
taxlaw-2799	244	2	regulations	regulation	NOUN
taxlaw-2799	244	3	classify	classify	VERB
taxlaw-2799	244	4	payments	payment	NOUN
taxlaw-2799	244	5	under	under	ADP
taxlaw-2799	244	6	npcs	npc	NOUN
taxlaw-2799	244	7	into	into	ADP
taxlaw-2799	244	8	three	three	NUM
taxlaw-2799	244	9	categories	category	NOUN
taxlaw-2799	244	10	:	:	PUNCT
taxlaw-2799	244	11	periodic	periodic	ADJ
taxlaw-2799	244	12	payments	payment	NOUN
taxlaw-2799	244	13	,	,	PUNCT
taxlaw-2799	244	14	like	like	ADP
taxlaw-2799	244	15	coupons	coupon	NOUN
taxlaw-2799	244	16	;	;	PUNCT
taxlaw-2799	244	17	nonperiodic	nonperiodic	ADJ
taxlaw-2799	244	18	payments	payment	NOUN
taxlaw-2799	244	19	,	,	PUNCT
taxlaw-2799	244	20	such	such	ADJ
taxlaw-2799	244	21	as	as	ADP
taxlaw-2799	244	22	an	an	DET
taxlaw-2799	244	23	upfront	upfront	ADJ
taxlaw-2799	244	24	payment	payment	NOUN
taxlaw-2799	244	25	;	;	PUNCT
taxlaw-2799	244	26	and	and	CCONJ
taxlaw-2799	244	27	termination	termination	NOUN
taxlaw-2799	244	28	payments	payment	NOUN
taxlaw-2799	244	29	,	,	PUNCT
taxlaw-2799	244	30	which	which	PRON
taxlaw-2799	244	31	generally	generally	ADV
taxlaw-2799	244	32	are	be	AUX
taxlaw-2799	244	33	payments	payment	NOUN
taxlaw-2799	244	34	to	to	PART
taxlaw-2799	244	35	extinguish	extinguish	VERB
taxlaw-2799	244	36	or	or	CCONJ
taxlaw-2799	244	37	assign	assign	VERB
taxlaw-2799	244	38	all	all	PRON
taxlaw-2799	244	39	or	or	CCONJ
taxlaw-2799	244	40	part	part	NOUN
taxlaw-2799	244	41	of	of	ADP
taxlaw-2799	244	42	an	an	DET
taxlaw-2799	244	43	npc	npc	NOUN
taxlaw-2799	244	44	.	.	PUNCT
taxlaw-2799	245	1	technically	technically	ADV
taxlaw-2799	245	2	,	,	PUNCT
taxlaw-2799	245	3	a	a	DET
taxlaw-2799	245	4	nonperiodic	nonperiodic	ADJ
taxlaw-2799	245	5	payment	payment	NOUN
taxlaw-2799	245	6	is	be	AUX
taxlaw-2799	245	7	any	any	DET
taxlaw-2799	245	8	payment	payment	NOUN
taxlaw-2799	245	9	other	other	ADJ
taxlaw-2799	245	10	than	than	ADP
taxlaw-2799	245	11	a	a	DET
taxlaw-2799	245	12	periodic	periodic	ADJ
taxlaw-2799	245	13	payment	payment	NOUN
taxlaw-2799	245	14	or	or	CCONJ
taxlaw-2799	245	15	a	a	DET
taxlaw-2799	245	16	termination	termination	NOUN
taxlaw-2799	245	17	payment	payment	NOUN
taxlaw-2799	245	18	.	.	PUNCT
taxlaw-2799	246	1	periodic	periodic	ADJ
taxlaw-2799	246	2	payments	payment	NOUN
taxlaw-2799	246	3	are	be	AUX
taxlaw-2799	246	4	deductible	deductible	ADJ
taxlaw-2799	246	5	or	or	CCONJ
taxlaw-2799	246	6	includible	includible	VERB
taxlaw-2799	246	7	on	on	ADP
taxlaw-2799	246	8	a	a	DET
taxlaw-2799	246	9	current	current	ADJ
taxlaw-2799	246	10	accrual	accrual	ADJ
taxlaw-2799	246	11	basis.16	basis.16	NOUN
taxlaw-2799	246	12	termination	termination	NOUN
taxlaw-2799	246	13	payments	payment	NOUN
taxlaw-2799	246	14	are	be	AUX
taxlaw-2799	246	15	taken	take	VERB
taxlaw-2799	246	16	into	into	ADP
taxlaw-2799	246	17	account	account	NOUN
taxlaw-2799	246	18	in	in	ADP
taxlaw-2799	246	19	the	the	DET
taxlaw-2799	246	20	year	year	NOUN
taxlaw-2799	246	21	in	in	ADP
taxlaw-2799	246	22	which	which	PRON
taxlaw-2799	246	23	an	an	DET
taxlaw-2799	246	24	npc	npc	NOUN
taxlaw-2799	246	25	is	be	AUX
taxlaw-2799	246	26	extinguished	extinguish	VERB
taxlaw-2799	246	27	,	,	PUNCT
taxlaw-2799	246	28	assigned	assign	VERB
taxlaw-2799	246	29	or	or	CCONJ
taxlaw-2799	246	30	exchanged.17	exchanged.17	NOUN
taxlaw-2799	246	31	nonperiodic	nonperiodic	ADJ
taxlaw-2799	246	32	payments	payment	NOUN
taxlaw-2799	246	33	are	be	AUX
taxlaw-2799	246	34	subject	subject	ADJ
taxlaw-2799	246	35	to	to	ADP
taxlaw-2799	246	36	more	more	ADV
taxlaw-2799	246	37	complicated	complicated	ADJ
taxlaw-2799	246	38	rules	rule	NOUN
taxlaw-2799	246	39	that	that	PRON
taxlaw-2799	246	40	are	be	AUX
taxlaw-2799	246	41	conceptually	conceptually	ADV
taxlaw-2799	246	42	similar	similar	ADJ
taxlaw-2799	246	43	to	to	ADP
taxlaw-2799	246	44	the	the	DET
taxlaw-2799	246	45	oid	oid	NOUN
taxlaw-2799	246	46	rules	rule	NOUN
taxlaw-2799	246	47	but	but	CCONJ
taxlaw-2799	246	48	operate	operate	VERB
taxlaw-2799	246	49	differently	differently	ADV
taxlaw-2799	246	50	.	.	PUNCT
taxlaw-2799	247	1	in	in	ADP
taxlaw-2799	247	2	order	order	NOUN
taxlaw-2799	247	3	to	to	PART
taxlaw-2799	247	4	prevent	prevent	VERB
taxlaw-2799	247	5	front	front	ADJ
taxlaw-2799	247	6	-	-	PUNCT
taxlaw-2799	247	7	loading	loading	NOUN
taxlaw-2799	247	8	or	or	CCONJ
taxlaw-2799	247	9	back	back	NOUN
taxlaw-2799	247	10	-	-	PUNCT
taxlaw-2799	247	11	loading	loading	NOUN
taxlaw-2799	247	12	of	of	ADP
taxlaw-2799	247	13	payments	payment	NOUN
taxlaw-2799	247	14	under	under	ADP
taxlaw-2799	247	15	an	an	DET
taxlaw-2799	247	16	npc	npc	NOUN
taxlaw-2799	247	17	,	,	PUNCT
taxlaw-2799	247	18	the	the	DET
taxlaw-2799	247	19	regulations	regulation	NOUN
taxlaw-2799	247	20	require	require	VERB
taxlaw-2799	247	21	that	that	SCONJ
taxlaw-2799	247	22	taxpayers	taxpayer	NOUN
taxlaw-2799	247	23	recognize	recognize	VERB
taxlaw-2799	247	24	a	a	DET
taxlaw-2799	247	25	nonperiodic	nonperiodic	ADJ
taxlaw-2799	247	26	payment	payment	NOUN
taxlaw-2799	247	27	“	"	PUNCT
taxlaw-2799	247	28	over	over	ADP
taxlaw-2799	247	29	the	the	DET
taxlaw-2799	247	30	term	term	NOUN
taxlaw-2799	247	31	of	of	ADP
taxlaw-2799	247	32	a	a	DET
taxlaw-2799	247	33	notional	notional	ADJ
taxlaw-2799	247	34	principal	principal	ADJ
taxlaw-2799	247	35	contract	contract	NOUN
taxlaw-2799	247	36	in	in	ADP
taxlaw-2799	247	37	a	a	DET
taxlaw-2799	247	38	manner	manner	NOUN
taxlaw-2799	247	39	that	that	PRON
taxlaw-2799	247	40	reflects	reflect	VERB
taxlaw-2799	247	41	the	the	DET
taxlaw-2799	247	42	economic	economic	ADJ
taxlaw-2799	247	43	substance	substance	NOUN
taxlaw-2799	247	44	of	of	ADP
taxlaw-2799	247	45	the	the	DET
taxlaw-2799	247	46	contract	contract	NOUN
taxlaw-2799	247	47	.	.	PUNCT
taxlaw-2799	248	1	”18	”18	NOUN
taxlaw-2799	248	2	the	the	DET
taxlaw-2799	248	3	regulations	regulation	NOUN
taxlaw-2799	248	4	then	then	ADV
taxlaw-2799	248	5	elaborate	elaborate	VERB
taxlaw-2799	248	6	on	on	ADP
taxlaw-2799	248	7	this	this	DET
taxlaw-2799	248	8	requirement	requirement	NOUN
taxlaw-2799	248	9	by	by	ADP
taxlaw-2799	248	10	providing	provide	VERB
taxlaw-2799	248	11	that	that	SCONJ
taxlaw-2799	248	12	an	an	DET
taxlaw-2799	248	13	upfront	upfront	ADJ
taxlaw-2799	248	14	periodic	periodic	ADJ
taxlaw-2799	248	15	payment	payment	NOUN
taxlaw-2799	248	16	on	on	ADP
taxlaw-2799	248	17	an	an	DET
taxlaw-2799	248	18	npc	npc	NOUN
taxlaw-2799	248	19	generally	generally	ADV
taxlaw-2799	248	20	be	be	AUX
taxlaw-2799	248	21	spread	spread	VERB
taxlaw-2799	248	22	over	over	ADP
taxlaw-2799	248	23	the	the	DET
taxlaw-2799	248	24	life	life	NOUN
taxlaw-2799	248	25	of	of	ADP
taxlaw-2799	248	26	the	the	DET
taxlaw-2799	248	27	npc	npc	NOUN
taxlaw-2799	248	28	in	in	ADP
taxlaw-2799	248	29	accordance	accordance	NOUN
taxlaw-2799	248	30	with	with	ADP
taxlaw-2799	248	31	forward	forward	ADJ
taxlaw-2799	248	32	rates	rate	NOUN
taxlaw-2799	248	33	(	(	PUNCT
taxlaw-2799	248	34	or	or	CCONJ
taxlaw-2799	248	35	,	,	PUNCT
taxlaw-2799	248	36	in	in	ADP
taxlaw-2799	248	37	the	the	DET
taxlaw-2799	248	38	case	case	NOUN
taxlaw-2799	248	39	of	of	ADP
taxlaw-2799	248	40	a	a	DET
taxlaw-2799	248	41	cap	cap	NOUN
taxlaw-2799	248	42	or	or	CCONJ
taxlaw-2799	248	43	floor	floor	NOUN
taxlaw-2799	248	44	,	,	PUNCT
taxlaw-2799	248	45	option	option	NOUN
taxlaw-2799	248	46	premiums	premium	NOUN
taxlaw-2799	248	47	)	)	PUNCT
taxlaw-2799	248	48	or	or	CCONJ
taxlaw-2799	248	49	,	,	PUNCT
taxlaw-2799	248	50	more	more	ADV
taxlaw-2799	248	51	frequently	frequently	ADV
taxlaw-2799	248	52	,	,	PUNCT
taxlaw-2799	248	53	as	as	ADP
taxlaw-2799	248	54	a	a	DET
taxlaw-2799	248	55	series	series	NOUN
taxlaw-2799	248	56	of	of	ADP
taxlaw-2799	248	57	level	level	NOUN
taxlaw-2799	248	58	payments	payment	NOUN
taxlaw-2799	248	59	over	over	ADP
taxlaw-2799	248	60	the	the	DET
taxlaw-2799	248	61	term	term	NOUN
taxlaw-2799	248	62	of	of	ADP
taxlaw-2799	248	63	the	the	DET
taxlaw-2799	248	64	npc	npc	NOUN
taxlaw-2799	248	65	.	.	PUNCT
taxlaw-2799	249	1	thus	thus	ADV
taxlaw-2799	249	2	,	,	PUNCT
taxlaw-2799	249	3	if	if	SCONJ
taxlaw-2799	249	4	the	the	DET
taxlaw-2799	249	5	market	market	NOUN
taxlaw-2799	249	6	rate	rate	NOUN
taxlaw-2799	249	7	for	for	ADP
taxlaw-2799	249	8	an	an	DET
taxlaw-2799	249	9	npc	npc	NOUN
taxlaw-2799	249	10	fixed	fix	VERB
taxlaw-2799	249	11	payment	payment	NOUN
taxlaw-2799	249	12	is	be	AUX
taxlaw-2799	249	13	6	6	NUM
taxlaw-2799	249	14	%	%	NOUN
taxlaw-2799	249	15	,	,	PUNCT
taxlaw-2799	249	16	and	and	CCONJ
taxlaw-2799	249	17	the	the	DET
taxlaw-2799	249	18	npc	npc	NOUN
taxlaw-2799	249	19	in	in	ADP
taxlaw-2799	249	20	fact	fact	NOUN
taxlaw-2799	249	21	provides	provide	VERB
taxlaw-2799	249	22	for	for	ADP
taxlaw-2799	249	23	payments	payment	NOUN
taxlaw-2799	249	24	at	at	ADP
taxlaw-2799	249	25	a	a	DET
taxlaw-2799	249	26	5	5	NUM
taxlaw-2799	249	27	%	%	NOUN
taxlaw-2799	249	28	rate	rate	NOUN
taxlaw-2799	249	29	and	and	CCONJ
taxlaw-2799	249	30	an	an	DET
taxlaw-2799	249	31	upfront	upfront	ADJ
taxlaw-2799	249	32	payment	payment	NOUN
taxlaw-2799	249	33	from	from	ADP
taxlaw-2799	249	34	the	the	DET
taxlaw-2799	249	35	fixed	fix	VERB
taxlaw-2799	249	36	rate	rate	NOUN
taxlaw-2799	249	37	payor	payor	NOUN
taxlaw-2799	249	38	to	to	PART
taxlaw-2799	249	39	compensate	compensate	VERB
taxlaw-2799	249	40	the	the	DET
taxlaw-2799	249	41	fixed	fix	VERB
taxlaw-2799	249	42	rate	rate	NOUN
taxlaw-2799	249	43	payee	payee	NOUN
taxlaw-2799	249	44	for	for	ADP
taxlaw-2799	249	45	the	the	DET
taxlaw-2799	249	46	below	below	ADJ
taxlaw-2799	249	47	-	-	PUNCT
taxlaw-2799	249	48	market	market	NOUN
taxlaw-2799	249	49	coupon	coupon	NOUN
taxlaw-2799	249	50	,	,	PUNCT
taxlaw-2799	249	51	under	under	ADP
taxlaw-2799	249	52	the	the	DET
taxlaw-2799	249	53	level	level	NOUN
taxlaw-2799	249	54	payment	payment	NOUN
taxlaw-2799	249	55	method	method	NOUN
taxlaw-2799	249	56	the	the	DET
taxlaw-2799	249	57	upfront	upfront	ADJ
taxlaw-2799	249	58	payment	payment	NOUN
taxlaw-2799	249	59	would	would	AUX
taxlaw-2799	249	60	be	be	AUX
taxlaw-2799	249	61	spread	spread	VERB
taxlaw-2799	249	62	over	over	ADP
taxlaw-2799	249	63	the	the	DET
taxlaw-2799	249	64	life	life	NOUN
taxlaw-2799	249	65	of	of	ADP
taxlaw-2799	249	66	the	the	DET
taxlaw-2799	249	67	npc	npc	NOUN
taxlaw-2799	249	68	in	in	ADP
taxlaw-2799	249	69	amounts	amount	NOUN
taxlaw-2799	249	70	equal	equal	ADJ
taxlaw-2799	249	71	to	to	ADP
taxlaw-2799	249	72	a	a	DET
taxlaw-2799	249	73	1	1	NUM
taxlaw-2799	249	74	%	%	NOUN
taxlaw-2799	249	75	periodic	periodic	ADJ
taxlaw-2799	249	76	payment	payment	NOUN
taxlaw-2799	249	77	,	,	PUNCT
taxlaw-2799	249	78	and	and	CCONJ
taxlaw-2799	249	79	the	the	DET
taxlaw-2799	249	80	14	14	NUM
taxlaw-2799	249	81	see	see	NOUN
taxlaw-2799	249	82	,	,	PUNCT
taxlaw-2799	249	83	e.g.	e.g.	ADV
taxlaw-2799	249	84	,	,	PUNCT
taxlaw-2799	249	85	i.r.c	i.r.c	NOUN
taxlaw-2799	249	86	.	.	PUNCT
taxlaw-2799	250	1	§	§	PROPN
taxlaw-2799	250	2	1259(d)(2	1259(d)(2	NUM
taxlaw-2799	250	3	)	)	PUNCT
taxlaw-2799	250	4	(	(	PUNCT
taxlaw-2799	250	5	2010	2010	NUM
taxlaw-2799	250	6	)	)	PUNCT
taxlaw-2799	250	7	(	(	PUNCT
taxlaw-2799	250	8	defining	define	VERB
taxlaw-2799	250	9	“	"	PUNCT
taxlaw-2799	250	10	offsetting	offset	VERB
taxlaw-2799	250	11	notional	notional	ADJ
taxlaw-2799	250	12	principal	principal	ADJ
taxlaw-2799	250	13	contract	contract	NOUN
taxlaw-2799	250	14	”	"	PUNCT
taxlaw-2799	250	15	)	)	PUNCT
taxlaw-2799	250	16	;	;	PUNCT
taxlaw-2799	251	1	treas	treas	PROPN
taxlaw-2799	251	2	.	.	PUNCT
taxlaw-2799	252	1	reg	reg	PROPN
taxlaw-2799	252	2	.	.	PUNCT
taxlaw-2799	253	1	§	§	PROPN
taxlaw-2799	253	2	1.863	1.863	NUM
taxlaw-2799	253	3	-	-	SYM
taxlaw-2799	253	4	7(a)(1	7(a)(1	NOUN
taxlaw-2799	253	5	)	)	PUNCT
taxlaw-2799	253	6	(	(	PUNCT
taxlaw-2799	253	7	1991	1991	NUM
taxlaw-2799	253	8	)	)	PUNCT
taxlaw-2799	253	9	.	.	PUNCT
taxlaw-2799	254	1	the	the	DET
taxlaw-2799	254	2	latter	latter	ADJ
taxlaw-2799	254	3	was	be	AUX
taxlaw-2799	254	4	the	the	DET
taxlaw-2799	254	5	first	first	ADJ
taxlaw-2799	254	6	official	official	ADJ
taxlaw-2799	254	7	guidance	guidance	NOUN
taxlaw-2799	254	8	to	to	PART
taxlaw-2799	254	9	use	use	VERB
taxlaw-2799	254	10	the	the	DET
taxlaw-2799	254	11	term	term	NOUN
taxlaw-2799	254	12	“	"	PUNCT
taxlaw-2799	254	13	notional	notional	ADJ
taxlaw-2799	254	14	principal	principal	ADJ
taxlaw-2799	254	15	contract	contract	NOUN
taxlaw-2799	254	16	.	.	PUNCT
taxlaw-2799	254	17	”	"	PUNCT
taxlaw-2799	255	1	15	15	NUM
taxlaw-2799	255	2	treas	trea	NOUN
taxlaw-2799	255	3	.	.	PUNCT
taxlaw-2799	256	1	reg	reg	PROPN
taxlaw-2799	256	2	.	.	PUNCT
taxlaw-2799	257	1	§	§	PROPN
taxlaw-2799	257	2	1.446	1.446	NUM
taxlaw-2799	257	3	-	-	SYM
taxlaw-2799	257	4	3(c)(1)(i	3(c)(1)(i	NUM
taxlaw-2799	257	5	)	)	PUNCT
taxlaw-2799	257	6	(	(	PUNCT
taxlaw-2799	257	7	1994	1994	NUM
taxlaw-2799	257	8	)	)	PUNCT
taxlaw-2799	257	9	.	.	PUNCT
taxlaw-2799	258	1	16	16	NUM
taxlaw-2799	258	2	treas	treas	PROPN
taxlaw-2799	258	3	.	.	PUNCT
taxlaw-2799	259	1	reg	reg	PROPN
taxlaw-2799	259	2	.	.	PUNCT
taxlaw-2799	260	1	§	§	PROPN
taxlaw-2799	260	2	1.446	1.446	NUM
taxlaw-2799	260	3	-	-	SYM
taxlaw-2799	260	4	3(e	3(e	NUM
taxlaw-2799	260	5	)	)	PUNCT
taxlaw-2799	260	6	(	(	PUNCT
taxlaw-2799	260	7	1994	1994	NUM
taxlaw-2799	260	8	)	)	PUNCT
taxlaw-2799	260	9	.	.	PUNCT
taxlaw-2799	261	1	different	different	ADJ
taxlaw-2799	261	2	timing	timing	NOUN
taxlaw-2799	261	3	rules	rule	NOUN
taxlaw-2799	261	4	may	may	AUX
taxlaw-2799	261	5	apply	apply	VERB
taxlaw-2799	261	6	if	if	SCONJ
taxlaw-2799	261	7	the	the	DET
taxlaw-2799	261	8	npc	npc	NOUN
taxlaw-2799	261	9	is	be	AUX
taxlaw-2799	261	10	part	part	NOUN
taxlaw-2799	261	11	of	of	ADP
taxlaw-2799	261	12	a	a	DET
taxlaw-2799	261	13	hedge	hedge	NOUN
taxlaw-2799	261	14	,	,	PUNCT
taxlaw-2799	261	15	straddle	straddle	NOUN
taxlaw-2799	261	16	or	or	CCONJ
taxlaw-2799	261	17	other	other	ADJ
taxlaw-2799	261	18	multiple	multiple	ADJ
taxlaw-2799	261	19	-	-	PUNCT
taxlaw-2799	261	20	position	position	NOUN
taxlaw-2799	261	21	transaction	transaction	NOUN
taxlaw-2799	261	22	.	.	PUNCT
taxlaw-2799	262	1	17	17	NUM
taxlaw-2799	262	2	treas	trea	NOUN
taxlaw-2799	262	3	.	.	PUNCT
taxlaw-2799	263	1	reg	reg	PROPN
taxlaw-2799	263	2	.	.	PUNCT
taxlaw-2799	264	1	§	§	PROPN
taxlaw-2799	264	2	1.446	1.446	NUM
taxlaw-2799	264	3	-	-	SYM
taxlaw-2799	264	4	3(h)(2	3(h)(2	NUM
taxlaw-2799	264	5	)	)	PUNCT
taxlaw-2799	264	6	(	(	PUNCT
taxlaw-2799	264	7	1994	1994	NUM
taxlaw-2799	264	8	)	)	PUNCT
taxlaw-2799	264	9	.	.	PUNCT
taxlaw-2799	265	1	18	18	NUM
taxlaw-2799	265	2	treas	trea	NOUN
taxlaw-2799	265	3	.	.	PUNCT
taxlaw-2799	266	1	reg	reg	PROPN
taxlaw-2799	266	2	.	.	PUNCT
taxlaw-2799	267	1	§	§	PROPN
taxlaw-2799	267	2	1.446	1.446	NUM
taxlaw-2799	267	3	-	-	SYM
taxlaw-2799	267	4	3(f)(2)(i	3(f)(2)(i	NUM
taxlaw-2799	267	5	)	)	PUNCT
taxlaw-2799	267	6	(	(	PUNCT
taxlaw-2799	267	7	1994	1994	NUM
taxlaw-2799	267	8	)	)	PUNCT
taxlaw-2799	267	9	.	.	PUNCT
taxlaw-2799	268	1	14	14	NUM
taxlaw-2799	268	2	columbia	columbia	PROPN
taxlaw-2799	268	3	jour	jour	PROPN
taxlaw-2799	268	4	al	al	PROPN
taxlaw-2799	268	5	of	of	ADP
taxlaw-2799	268	6	tax	tax	NOUN
taxlaw-2799	268	7	law	law	NOUN
taxlaw-2799	269	1	[	[	X
taxlaw-2799	269	2	vol	vol	NOUN
taxlaw-2799	269	3	.	.	PUNCT
taxlaw-2799	269	4	2:1	2:1	NUM
taxlaw-2799	270	1	“	"	PUNCT
taxlaw-2799	270	2	principal	principal	ADJ
taxlaw-2799	270	3	recovery	recovery	NOUN
taxlaw-2799	270	4	component	component	NOUN
taxlaw-2799	270	5	”	"	PUNCT
taxlaw-2799	270	6	of	of	ADP
taxlaw-2799	270	7	that	that	DET
taxlaw-2799	270	8	payment	payment	NOUN
taxlaw-2799	270	9	would	would	AUX
taxlaw-2799	270	10	be	be	AUX
taxlaw-2799	270	11	treated	treat	VERB
taxlaw-2799	270	12	as	as	ADP
taxlaw-2799	270	13	a	a	DET
taxlaw-2799	270	14	periodic	periodic	ADJ
taxlaw-2799	270	15	payment	payment	NOUN
taxlaw-2799	270	16	on	on	ADP
taxlaw-2799	270	17	the	the	DET
taxlaw-2799	270	18	npc	npc	NOUN
taxlaw-2799	270	19	.	.	PUNCT
taxlaw-2799	271	1	a	a	DET
taxlaw-2799	271	2	back	back	ADJ
taxlaw-2799	271	3	-	-	PUNCT
taxlaw-2799	271	4	end	end	NOUN
taxlaw-2799	271	5	payment	payment	NOUN
taxlaw-2799	271	6	is	be	AUX
taxlaw-2799	271	7	first	first	ADV
taxlaw-2799	271	8	converted	convert	VERB
taxlaw-2799	271	9	into	into	ADP
taxlaw-2799	271	10	an	an	DET
taxlaw-2799	271	11	initial	initial	ADJ
taxlaw-2799	271	12	payment	payment	NOUN
taxlaw-2799	271	13	through	through	ADP
taxlaw-2799	271	14	present	present	ADJ
taxlaw-2799	271	15	valuation	valuation	NOUN
taxlaw-2799	271	16	,	,	PUNCT
taxlaw-2799	271	17	after	after	ADP
taxlaw-2799	271	18	which	which	PRON
taxlaw-2799	271	19	the	the	DET
taxlaw-2799	271	20	same	same	ADJ
taxlaw-2799	271	21	rule	rule	NOUN
taxlaw-2799	271	22	applies	apply	VERB
taxlaw-2799	271	23	.	.	PUNCT
taxlaw-2799	272	1	under	under	ADP
taxlaw-2799	272	2	a	a	DET
taxlaw-2799	272	3	special	special	ADJ
taxlaw-2799	272	4	rule	rule	NOUN
taxlaw-2799	272	5	for	for	ADP
taxlaw-2799	272	6	npcs	npc	NOUN
taxlaw-2799	272	7	that	that	PRON
taxlaw-2799	272	8	are	be	AUX
taxlaw-2799	272	9	swaps	swap	NOUN
taxlaw-2799	272	10	(	(	PUNCT
taxlaw-2799	272	11	but	but	CCONJ
taxlaw-2799	272	12	not	not	PART
taxlaw-2799	272	13	for	for	ADP
taxlaw-2799	272	14	caps	cap	NOUN
taxlaw-2799	272	15	and	and	CCONJ
taxlaw-2799	272	16	floors	floor	NOUN
taxlaw-2799	272	17	)	)	PUNCT
taxlaw-2799	272	18	,	,	PUNCT
taxlaw-2799	272	19	if	if	SCONJ
taxlaw-2799	272	20	a	a	DET
taxlaw-2799	272	21	nonperiodic	nonperiodic	ADJ
taxlaw-2799	272	22	payment	payment	NOUN
taxlaw-2799	272	23	is	be	AUX
taxlaw-2799	272	24	“	"	PUNCT
taxlaw-2799	272	25	significant	significant	ADJ
taxlaw-2799	272	26	,	,	PUNCT
taxlaw-2799	272	27	”	"	PUNCT
taxlaw-2799	272	28	the	the	DET
taxlaw-2799	272	29	upfront	upfront	ADJ
taxlaw-2799	272	30	payment	payment	NOUN
taxlaw-2799	272	31	is	be	AUX
taxlaw-2799	272	32	treated	treat	VERB
taxlaw-2799	272	33	as	as	ADP
taxlaw-2799	272	34	an	an	DET
taxlaw-2799	272	35	amortizing	amortizing	NOUN
taxlaw-2799	272	36	loan	loan	NOUN
taxlaw-2799	272	37	providing	provide	VERB
taxlaw-2799	272	38	for	for	ADP
taxlaw-2799	272	39	level	level	NOUN
taxlaw-2799	272	40	principal	principal	NOUN
taxlaw-2799	272	41	and	and	CCONJ
taxlaw-2799	272	42	interest	interest	NOUN
taxlaw-2799	272	43	payments	payment	NOUN
taxlaw-2799	272	44	over	over	ADP
taxlaw-2799	272	45	the	the	DET
taxlaw-2799	272	46	life	life	NOUN
taxlaw-2799	272	47	of	of	ADP
taxlaw-2799	272	48	the	the	DET
taxlaw-2799	272	49	npc	npc	NOUN
taxlaw-2799	272	50	,	,	PUNCT
taxlaw-2799	272	51	and	and	CCONJ
taxlaw-2799	272	52	the	the	DET
taxlaw-2799	272	53	npc	npc	NOUN
taxlaw-2799	272	54	is	be	AUX
taxlaw-2799	272	55	treated	treat	VERB
taxlaw-2799	272	56	as	as	SCONJ
taxlaw-2799	272	57	entered	enter	VERB
taxlaw-2799	272	58	into	into	ADP
taxlaw-2799	272	59	at	at	ADP
taxlaw-2799	272	60	market	market	NOUN
taxlaw-2799	272	61	rates.19	rates.19	NOUN
taxlaw-2799	272	62	using	use	VERB
taxlaw-2799	272	63	the	the	DET
taxlaw-2799	272	64	example	example	NOUN
taxlaw-2799	272	65	in	in	ADP
taxlaw-2799	272	66	the	the	DET
taxlaw-2799	272	67	prior	prior	ADJ
taxlaw-2799	272	68	paragraph	paragraph	NOUN
taxlaw-2799	272	69	,	,	PUNCT
taxlaw-2799	272	70	if	if	SCONJ
taxlaw-2799	272	71	the	the	DET
taxlaw-2799	272	72	upfront	upfront	ADJ
taxlaw-2799	272	73	payment	payment	NOUN
taxlaw-2799	272	74	were	be	AUX
taxlaw-2799	272	75	significant	significant	ADJ
taxlaw-2799	272	76	,	,	PUNCT
taxlaw-2799	272	77	it	it	PRON
taxlaw-2799	272	78	would	would	AUX
taxlaw-2799	272	79	be	be	AUX
taxlaw-2799	272	80	treated	treat	VERB
taxlaw-2799	272	81	as	as	ADP
taxlaw-2799	272	82	a	a	DET
taxlaw-2799	272	83	loan	loan	NOUN
taxlaw-2799	272	84	from	from	ADP
taxlaw-2799	272	85	the	the	DET
taxlaw-2799	272	86	payor	payor	NOUN
taxlaw-2799	272	87	to	to	ADP
taxlaw-2799	272	88	the	the	DET
taxlaw-2799	272	89	payee	payee	NOUN
taxlaw-2799	272	90	that	that	PRON
taxlaw-2799	272	91	is	be	AUX
taxlaw-2799	272	92	repaid	repay	VERB
taxlaw-2799	272	93	in	in	ADP
taxlaw-2799	272	94	installment	installment	NOUN
taxlaw-2799	272	95	payments	payment	NOUN
taxlaw-2799	272	96	equal	equal	ADJ
taxlaw-2799	272	97	to	to	ADP
taxlaw-2799	272	98	1	1	NUM
taxlaw-2799	272	99	%	%	NOUN
taxlaw-2799	272	100	periodic	periodic	ADJ
taxlaw-2799	272	101	payments	payment	NOUN
taxlaw-2799	272	102	on	on	ADP
taxlaw-2799	272	103	the	the	DET
taxlaw-2799	272	104	swap	swap	NOUN
taxlaw-2799	272	105	,	,	PUNCT
taxlaw-2799	272	106	which	which	PRON
taxlaw-2799	272	107	installment	installment	NOUN
taxlaw-2799	272	108	payments	payment	NOUN
taxlaw-2799	272	109	are	be	AUX
taxlaw-2799	272	110	paid	pay	VERB
taxlaw-2799	272	111	at	at	ADP
taxlaw-2799	272	112	the	the	DET
taxlaw-2799	272	113	same	same	ADJ
taxlaw-2799	272	114	time	time	NOUN
taxlaw-2799	272	115	as	as	SCONJ
taxlaw-2799	272	116	deemed	deem	VERB
taxlaw-2799	272	117	6	6	NUM
taxlaw-2799	272	118	%	%	NOUN
taxlaw-2799	272	119	payments	payment	NOUN
taxlaw-2799	272	120	on	on	ADP
taxlaw-2799	272	121	the	the	DET
taxlaw-2799	272	122	npc	npc	NOUN
taxlaw-2799	272	123	.	.	PUNCT
taxlaw-2799	273	1	to	to	PART
taxlaw-2799	273	2	take	take	VERB
taxlaw-2799	273	3	a	a	DET
taxlaw-2799	273	4	simplified	simplified	ADJ
taxlaw-2799	273	5	example,20	example,20	NOUN
taxlaw-2799	273	6	while	while	SCONJ
taxlaw-2799	273	7	the	the	DET
taxlaw-2799	273	8	actual	actual	ADJ
taxlaw-2799	273	9	cash	cash	NOUN
taxlaw-2799	273	10	flows	flow	NOUN
taxlaw-2799	273	11	would	would	AUX
taxlaw-2799	273	12	be	be	AUX
taxlaw-2799	274	1	:	:	PUNCT
taxlaw-2799	274	2	-------	-------	PUNCT
taxlaw-2799	274	3	>	>	X
taxlaw-2799	274	4	upfront	upfront	ADJ
taxlaw-2799	274	5	payment	payment	NOUN
taxlaw-2799	274	6	(	(	PUNCT
taxlaw-2799	274	7	$	$	SYM
taxlaw-2799	274	8	4.21	4.21	NUM
taxlaw-2799	274	9	m	m	NOUN
taxlaw-2799	274	10	)	)	PUNCT
taxlaw-2799	274	11	a	a	PRON
taxlaw-2799	274	12	--------------	--------------	PUNCT
taxlaw-2799	274	13	>	>	X
taxlaw-2799	274	14	$	$	SYM
taxlaw-2799	274	15	5	5	NUM
taxlaw-2799	274	16	m	m	VERB
taxlaw-2799	274	17	(	(	PUNCT
taxlaw-2799	274	18	5	5	NUM
taxlaw-2799	274	19	%	%	NOUN
taxlaw-2799	274	20	x	x	SYM
taxlaw-2799	274	21	$	$	SYM
taxlaw-2799	274	22	100	100	NUM
taxlaw-2799	274	23	m	m	NOUN
taxlaw-2799	274	24	)	)	PUNCT
taxlaw-2799	274	25	b	b	NOUN
taxlaw-2799	274	26	floating	float	VERB
taxlaw-2799	274	27	rate	rate	NOUN
taxlaw-2799	274	28	x	x	PUNCT
taxlaw-2799	274	29	$	$	SYM
taxlaw-2799	274	30	100	100	NUM
taxlaw-2799	274	31	m	m	NOUN
taxlaw-2799	274	32	<	<	X
taxlaw-2799	274	33	----------	----------	PUNCT
taxlaw-2799	274	34	the	the	DET
taxlaw-2799	274	35	deemed	deem	VERB
taxlaw-2799	274	36	cash	cash	NOUN
taxlaw-2799	274	37	flows	flow	NOUN
taxlaw-2799	274	38	would	would	AUX
taxlaw-2799	274	39	be	be	AUX
taxlaw-2799	274	40	:	:	PUNCT
taxlaw-2799	274	41	deemed	deem	VERB
taxlaw-2799	274	42	loan	loan	NOUN
taxlaw-2799	274	43	a	a	DET
taxlaw-2799	274	44	------------------	------------------	NOUN
taxlaw-2799	274	45	>	>	X
taxlaw-2799	274	46	loan	loan	NOUN
taxlaw-2799	274	47	of	of	ADP
taxlaw-2799	274	48	$	$	SYM
taxlaw-2799	274	49	4.21	4.21	NUM
taxlaw-2799	274	50	m	m	NOUN
taxlaw-2799	274	51	b	b	PROPN
taxlaw-2799	274	52	$	$	SYM
taxlaw-2799	274	53	1	1	NUM
taxlaw-2799	274	54	m	m	NOUN
taxlaw-2799	274	55	(	(	PUNCT
taxlaw-2799	274	56	principal	principal	NOUN
taxlaw-2799	274	57	+	+	NOUN
taxlaw-2799	274	58	interest	interest	NOUN
taxlaw-2799	274	59	)	)	PUNCT
taxlaw-2799	274	60	payments	payment	NOUN
taxlaw-2799	274	61	<	<	X
taxlaw-2799	274	62	-----	-----	PUNCT
taxlaw-2799	274	63	deemed	deem	VERB
taxlaw-2799	274	64	swap	swap	VERB
taxlaw-2799	274	65	a	a	DET
taxlaw-2799	274	66	--------------	--------------	X
taxlaw-2799	274	67	>	>	X
taxlaw-2799	274	68	$	$	SYM
taxlaw-2799	274	69	6	6	NUM
taxlaw-2799	274	70	m	m	NOUN
taxlaw-2799	274	71	(	(	PUNCT
taxlaw-2799	274	72	6	6	NUM
taxlaw-2799	274	73	%	%	NOUN
taxlaw-2799	274	74	x	x	SYM
taxlaw-2799	274	75	$	$	SYM
taxlaw-2799	274	76	100	100	NUM
taxlaw-2799	274	77	m	m	NOUN
taxlaw-2799	274	78	)	)	PUNCT
taxlaw-2799	274	79	b	b	NOUN
taxlaw-2799	274	80	floating	float	VERB
taxlaw-2799	274	81	rate	rate	NOUN
taxlaw-2799	274	82	x	x	PUNCT
taxlaw-2799	274	83	$	$	SYM
taxlaw-2799	274	84	100	100	NUM
taxlaw-2799	274	85	m	m	NOUN
taxlaw-2799	274	86	<	<	X
taxlaw-2799	274	87	----------	----------	PROPN
taxlaw-2799	274	88	19	19	NUM
taxlaw-2799	274	89	treas	trea	NOUN
taxlaw-2799	274	90	.	.	PUNCT
taxlaw-2799	275	1	reg	reg	PROPN
taxlaw-2799	275	2	.	.	PUNCT
taxlaw-2799	276	1	§	§	PROPN
taxlaw-2799	276	2	1.446	1.446	NUM
taxlaw-2799	276	3	-	-	SYM
taxlaw-2799	276	4	3(g)(4	3(g)(4	NUM
taxlaw-2799	276	5	)	)	PUNCT
taxlaw-2799	276	6	(	(	PUNCT
taxlaw-2799	276	7	1994	1994	NUM
taxlaw-2799	276	8	)	)	PUNCT
taxlaw-2799	276	9	.	.	PUNCT
taxlaw-2799	277	1	the	the	DET
taxlaw-2799	277	2	regulation	regulation	NOUN
taxlaw-2799	277	3	states	state	VERB
taxlaw-2799	277	4	:	:	PUNCT
taxlaw-2799	277	5	“	"	PUNCT
taxlaw-2799	277	6	the	the	DET
taxlaw-2799	277	7	loan	loan	NOUN
taxlaw-2799	277	8	must	must	AUX
taxlaw-2799	277	9	be	be	AUX
taxlaw-2799	277	10	accounted	account	VERB
taxlaw-2799	277	11	for	for	ADP
taxlaw-2799	277	12	by	by	ADP
taxlaw-2799	277	13	the	the	DET
taxlaw-2799	277	14	parties	party	NOUN
taxlaw-2799	277	15	to	to	ADP
taxlaw-2799	277	16	the	the	DET
taxlaw-2799	277	17	contract	contract	NOUN
taxlaw-2799	277	18	independently	independently	ADV
taxlaw-2799	277	19	of	of	ADP
taxlaw-2799	277	20	the	the	DET
taxlaw-2799	277	21	swap	swap	NOUN
taxlaw-2799	277	22	.	.	PUNCT
taxlaw-2799	278	1	the	the	DET
taxlaw-2799	278	2	time	time	NOUN
taxlaw-2799	278	3	value	value	NOUN
taxlaw-2799	278	4	component	component	NOUN
taxlaw-2799	278	5	associated	associate	VERB
taxlaw-2799	278	6	with	with	ADP
taxlaw-2799	278	7	the	the	DET
taxlaw-2799	278	8	loan	loan	NOUN
taxlaw-2799	278	9	is	be	AUX
taxlaw-2799	278	10	.	.	PUNCT
taxlaw-2799	278	11	.	.	PUNCT
taxlaw-2799	278	12	.	.	PUNCT
taxlaw-2799	279	1	recognized	recognize	VERB
taxlaw-2799	279	2	as	as	ADP
taxlaw-2799	279	3	interest	interest	NOUN
taxlaw-2799	279	4	for	for	ADP
taxlaw-2799	279	5	all	all	DET
taxlaw-2799	279	6	purposes	purpose	NOUN
taxlaw-2799	279	7	of	of	ADP
taxlaw-2799	279	8	the	the	DET
taxlaw-2799	279	9	internal	internal	ADJ
taxlaw-2799	279	10	revenue	revenue	NOUN
taxlaw-2799	279	11	code	code	NOUN
taxlaw-2799	279	12	.	.	PUNCT
taxlaw-2799	279	13	”	"	PUNCT
taxlaw-2799	280	1	the	the	DET
taxlaw-2799	280	2	same	same	ADJ
taxlaw-2799	280	3	rule	rule	NOUN
taxlaw-2799	280	4	for	for	ADP
taxlaw-2799	280	5	currency	currency	NOUN
taxlaw-2799	280	6	swaps	swap	NOUN
taxlaw-2799	280	7	applies	apply	VERB
taxlaw-2799	280	8	via	via	ADP
taxlaw-2799	280	9	a	a	DET
taxlaw-2799	280	10	cross	cross	NOUN
taxlaw-2799	280	11	-	-	NOUN
taxlaw-2799	280	12	reference	reference	NOUN
taxlaw-2799	280	13	in	in	ADP
taxlaw-2799	280	14	the	the	DET
taxlaw-2799	280	15	relevant	relevant	ADJ
taxlaw-2799	280	16	regulations	regulation	NOUN
taxlaw-2799	280	17	.	.	PUNCT
taxlaw-2799	281	1	treas	treas	PROPN
taxlaw-2799	281	2	.	.	PUNCT
taxlaw-2799	282	1	reg	reg	PROPN
taxlaw-2799	282	2	.	.	PUNCT
taxlaw-2799	283	1	§	§	PROPN
taxlaw-2799	283	2	1.988	1.988	NUM
taxlaw-2799	283	3	-	-	SYM
taxlaw-2799	283	4	2(e)(3)(iv	2(e)(3)(iv	NUM
taxlaw-2799	283	5	)	)	PUNCT
taxlaw-2799	283	6	(	(	PUNCT
taxlaw-2799	283	7	2004	2004	NUM
taxlaw-2799	283	8	)	)	PUNCT
taxlaw-2799	283	9	.	.	PUNCT
taxlaw-2799	284	1	20	20	NUM
taxlaw-2799	284	2	the	the	DET
taxlaw-2799	284	3	example	example	NOUN
taxlaw-2799	284	4	assumes	assume	VERB
taxlaw-2799	284	5	that	that	SCONJ
taxlaw-2799	284	6	the	the	DET
taxlaw-2799	284	7	parties	party	NOUN
taxlaw-2799	284	8	enter	enter	VERB
taxlaw-2799	284	9	into	into	ADP
taxlaw-2799	284	10	a	a	DET
taxlaw-2799	284	11	5	5	NUM
taxlaw-2799	284	12	-	-	PUNCT
taxlaw-2799	284	13	year	year	NOUN
taxlaw-2799	284	14	interest	interest	NOUN
taxlaw-2799	284	15	rate	rate	NOUN
taxlaw-2799	284	16	swap	swap	NOUN
taxlaw-2799	284	17	with	with	ADP
taxlaw-2799	284	18	annual	annual	ADJ
taxlaw-2799	284	19	payments	payment	NOUN
taxlaw-2799	284	20	at	at	ADP
taxlaw-2799	284	21	a	a	DET
taxlaw-2799	284	22	time	time	NOUN
taxlaw-2799	284	23	when	when	SCONJ
taxlaw-2799	284	24	a	a	DET
taxlaw-2799	284	25	market	market	NOUN
taxlaw-2799	284	26	rate	rate	NOUN
taxlaw-2799	284	27	swap	swap	NOUN
taxlaw-2799	284	28	would	would	AUX
taxlaw-2799	284	29	provide	provide	VERB
taxlaw-2799	284	30	for	for	ADP
taxlaw-2799	284	31	payments	payment	NOUN
taxlaw-2799	284	32	at	at	ADP
taxlaw-2799	284	33	6	6	NUM
taxlaw-2799	284	34	%	%	NOUN
taxlaw-2799	284	35	vs.	vs.	ADP
taxlaw-2799	284	36	a	a	DET
taxlaw-2799	284	37	floating	float	VERB
taxlaw-2799	284	38	rate	rate	NOUN
taxlaw-2799	284	39	,	,	PUNCT
taxlaw-2799	284	40	multiplied	multiply	VERB
taxlaw-2799	284	41	by	by	ADP
taxlaw-2799	284	42	a	a	DET
taxlaw-2799	284	43	$	$	SYM
taxlaw-2799	284	44	100	100	NUM
taxlaw-2799	284	45	million	million	NUM
taxlaw-2799	284	46	notional	notional	ADJ
taxlaw-2799	284	47	principal	principal	ADJ
taxlaw-2799	284	48	amount	amount	NOUN
taxlaw-2799	284	49	.	.	PUNCT
taxlaw-2799	285	1	at	at	ADP
taxlaw-2799	285	2	market	market	NOUN
taxlaw-2799	285	3	rates	rate	NOUN
taxlaw-2799	285	4	,	,	PUNCT
taxlaw-2799	285	5	the	the	DET
taxlaw-2799	285	6	fixed	fix	VERB
taxlaw-2799	285	7	rate	rate	NOUN
taxlaw-2799	285	8	payor	payor	NOUN
taxlaw-2799	285	9	,	,	PUNCT
taxlaw-2799	285	10	party	party	NOUN
taxlaw-2799	285	11	a	a	NOUN
taxlaw-2799	285	12	,	,	PUNCT
taxlaw-2799	285	13	would	would	AUX
taxlaw-2799	285	14	pay	pay	VERB
taxlaw-2799	285	15	$	$	SYM
taxlaw-2799	285	16	6	6	NUM
taxlaw-2799	285	17	million	million	NUM
taxlaw-2799	285	18	annually	annually	ADV
taxlaw-2799	285	19	in	in	ADP
taxlaw-2799	285	20	exchange	exchange	NOUN
taxlaw-2799	285	21	for	for	ADP
taxlaw-2799	285	22	the	the	DET
taxlaw-2799	285	23	floating	float	VERB
taxlaw-2799	285	24	rate	rate	NOUN
taxlaw-2799	285	25	payment	payment	NOUN
taxlaw-2799	285	26	.	.	PUNCT
taxlaw-2799	286	1	because	because	SCONJ
taxlaw-2799	286	2	party	party	NOUN
taxlaw-2799	286	3	a	a	DET
taxlaw-2799	286	4	will	will	NOUN
taxlaw-2799	286	5	in	in	ADP
taxlaw-2799	286	6	fact	fact	NOUN
taxlaw-2799	286	7	pay	pay	VERB
taxlaw-2799	286	8	only	only	ADV
taxlaw-2799	286	9	$	$	SYM
taxlaw-2799	286	10	5	5	NUM
taxlaw-2799	286	11	million	million	NUM
taxlaw-2799	286	12	annually	annually	ADV
taxlaw-2799	286	13	,	,	PUNCT
taxlaw-2799	286	14	party	party	NOUN
taxlaw-2799	286	15	a	a	PRON
taxlaw-2799	286	16	will	will	AUX
taxlaw-2799	286	17	pay	pay	VERB
taxlaw-2799	286	18	party	party	PROPN
taxlaw-2799	286	19	b	b	PROPN
taxlaw-2799	286	20	an	an	DET
taxlaw-2799	286	21	upfront	upfront	ADJ
taxlaw-2799	286	22	payment	payment	NOUN
taxlaw-2799	286	23	of	of	ADP
taxlaw-2799	286	24	$	$	SYM
taxlaw-2799	286	25	4.21	4.21	NUM
taxlaw-2799	286	26	million	million	NUM
taxlaw-2799	286	27	(	(	PUNCT
taxlaw-2799	286	28	the	the	DET
taxlaw-2799	286	29	present	present	ADJ
taxlaw-2799	286	30	value	value	NOUN
taxlaw-2799	286	31	,	,	PUNCT
taxlaw-2799	286	32	using	use	VERB
taxlaw-2799	286	33	a	a	DET
taxlaw-2799	286	34	6	6	NUM
taxlaw-2799	286	35	%	%	NOUN
taxlaw-2799	286	36	discount	discount	NOUN
taxlaw-2799	286	37	rate	rate	NOUN
taxlaw-2799	286	38	,	,	PUNCT
taxlaw-2799	286	39	of	of	ADP
taxlaw-2799	286	40	$	$	SYM
taxlaw-2799	286	41	1	1	NUM
taxlaw-2799	286	42	million	million	NUM
taxlaw-2799	286	43	/	/	SYM
taxlaw-2799	286	44	year	year	NOUN
taxlaw-2799	286	45	)	)	PUNCT
taxlaw-2799	286	46	.	.	PUNCT
taxlaw-2799	287	1	under	under	ADP
taxlaw-2799	287	2	the	the	DET
taxlaw-2799	287	3	rules	rule	NOUN
taxlaw-2799	287	4	described	describe	VERB
taxlaw-2799	287	5	in	in	ADP
taxlaw-2799	287	6	the	the	DET
taxlaw-2799	287	7	text	text	NOUN
taxlaw-2799	287	8	,	,	PUNCT
taxlaw-2799	287	9	(	(	PUNCT
taxlaw-2799	287	10	a	a	X
taxlaw-2799	287	11	)	)	PUNCT
taxlaw-2799	287	12	party	party	NOUN
taxlaw-2799	287	13	a	a	PRON
taxlaw-2799	287	14	would	would	AUX
taxlaw-2799	287	15	be	be	AUX
taxlaw-2799	287	16	treated	treat	VERB
taxlaw-2799	287	17	as	as	ADP
taxlaw-2799	287	18	lending	lend	VERB
taxlaw-2799	287	19	$	$	SYM
taxlaw-2799	287	20	4.21	4.21	NUM
taxlaw-2799	287	21	million	million	NUM
taxlaw-2799	287	22	to	to	ADP
taxlaw-2799	287	23	party	party	NOUN
taxlaw-2799	287	24	b	b	PROPN
taxlaw-2799	287	25	,	,	PUNCT
taxlaw-2799	287	26	in	in	ADP
taxlaw-2799	287	27	exchange	exchange	NOUN
taxlaw-2799	287	28	for	for	ADP
taxlaw-2799	287	29	annual	annual	ADJ
taxlaw-2799	287	30	payments	payment	NOUN
taxlaw-2799	287	31	from	from	ADP
taxlaw-2799	287	32	party	party	PROPN
taxlaw-2799	287	33	b	b	PROPN
taxlaw-2799	287	34	of	of	ADP
taxlaw-2799	287	35	principal	principal	NOUN
taxlaw-2799	287	36	and	and	CCONJ
taxlaw-2799	287	37	interest	interest	NOUN
taxlaw-2799	287	38	totaling	total	VERB
taxlaw-2799	287	39	$	$	SYM
taxlaw-2799	287	40	1	1	NUM
taxlaw-2799	287	41	million	million	NUM
taxlaw-2799	287	42	/	/	SYM
taxlaw-2799	287	43	year	year	NOUN
taxlaw-2799	287	44	,	,	PUNCT
taxlaw-2799	287	45	and	and	CCONJ
taxlaw-2799	287	46	(	(	PUNCT
taxlaw-2799	287	47	b	b	X
taxlaw-2799	287	48	)	)	PUNCT
taxlaw-2799	287	49	party	party	NOUN
taxlaw-2799	287	50	a	a	PRON
taxlaw-2799	287	51	would	would	AUX
taxlaw-2799	287	52	be	be	AUX
taxlaw-2799	287	53	treated	treat	VERB
taxlaw-2799	287	54	as	as	ADP
taxlaw-2799	287	55	making	make	VERB
taxlaw-2799	287	56	annual	annual	ADJ
taxlaw-2799	287	57	swap	swap	NOUN
taxlaw-2799	287	58	payments	payment	NOUN
taxlaw-2799	287	59	of	of	ADP
taxlaw-2799	287	60	$	$	SYM
taxlaw-2799	287	61	6	6	NUM
taxlaw-2799	287	62	million	million	NUM
taxlaw-2799	287	63	.	.	PUNCT
taxlaw-2799	288	1	2011	2011	NUM
taxlaw-2799	288	2	]	]	PUNCT
taxlaw-2799	289	1	ew	ew	NOUN
taxlaw-2799	289	2	tax	tax	NOUN
taxlaw-2799	289	3	issues	issue	NOUN
taxlaw-2799	289	4	arisi	arisi	VERB
taxlaw-2799	289	5	g	g	PROPN
taxlaw-2799	289	6	from	from	ADP
taxlaw-2799	289	7	the	the	DET
taxlaw-2799	289	8	dodd	dodd	NOUN
taxlaw-2799	289	9	-	-	PUNCT
taxlaw-2799	289	10	fra	fra	PROPN
taxlaw-2799	289	11	k	k	PROPN
taxlaw-2799	289	12	act	act	PROPN
taxlaw-2799	289	13	15	15	NUM
taxlaw-2799	289	14	consequently	consequently	ADV
taxlaw-2799	289	15	,	,	PUNCT
taxlaw-2799	289	16	the	the	DET
taxlaw-2799	289	17	recipient	recipient	NOUN
taxlaw-2799	289	18	of	of	ADP
taxlaw-2799	289	19	the	the	DET
taxlaw-2799	289	20	upfront	upfront	ADJ
taxlaw-2799	289	21	payment	payment	NOUN
taxlaw-2799	289	22	in	in	ADP
taxlaw-2799	289	23	this	this	DET
taxlaw-2799	289	24	example	example	NOUN
taxlaw-2799	289	25	is	be	AUX
taxlaw-2799	289	26	treated	treat	VERB
taxlaw-2799	289	27	as	as	ADP
taxlaw-2799	289	28	paying	pay	VERB
taxlaw-2799	289	29	interest	interest	NOUN
taxlaw-2799	289	30	to	to	ADP
taxlaw-2799	289	31	the	the	DET
taxlaw-2799	289	32	payor	payor	NOUN
taxlaw-2799	289	33	.	.	PUNCT
taxlaw-2799	290	1	moreover	moreover	ADV
taxlaw-2799	290	2	,	,	PUNCT
taxlaw-2799	290	3	the	the	DET
taxlaw-2799	290	4	commissioner	commissioner	NOUN
taxlaw-2799	290	5	may	may	AUX
taxlaw-2799	290	6	treat	treat	VERB
taxlaw-2799	290	7	any	any	DET
taxlaw-2799	290	8	nonperiodic	nonperiodic	ADJ
taxlaw-2799	290	9	swap	swap	NOUN
taxlaw-2799	290	10	payment	payment	NOUN
taxlaw-2799	290	11	,	,	PUNCT
taxlaw-2799	290	12	whether	whether	SCONJ
taxlaw-2799	290	13	or	or	CCONJ
taxlaw-2799	290	14	not	not	PART
taxlaw-2799	290	15	it	it	PRON
taxlaw-2799	290	16	is	be	AUX
taxlaw-2799	290	17	significant	significant	ADJ
taxlaw-2799	290	18	,	,	PUNCT
taxlaw-2799	290	19	as	as	ADP
taxlaw-2799	290	20	one	one	NUM
taxlaw-2799	290	21	or	or	CCONJ
taxlaw-2799	290	22	more	more	ADJ
taxlaw-2799	290	23	loans	loan	NOUN
taxlaw-2799	290	24	for	for	ADP
taxlaw-2799	290	25	purposes	purpose	NOUN
taxlaw-2799	290	26	of	of	ADP
taxlaw-2799	290	27	§	§	PROPN
taxlaw-2799	290	28	956	956	NUM
taxlaw-2799	290	29	.	.	PUNCT
taxlaw-2799	291	1	as	as	ADP
taxlaw-2799	291	2	the	the	DET
taxlaw-2799	291	3	example	example	NOUN
taxlaw-2799	291	4	above	above	ADP
taxlaw-2799	291	5	illustrates	illustrate	VERB
taxlaw-2799	291	6	,	,	PUNCT
taxlaw-2799	291	7	these	these	DET
taxlaw-2799	291	8	rules	rule	NOUN
taxlaw-2799	291	9	were	be	AUX
taxlaw-2799	291	10	written	write	VERB
taxlaw-2799	291	11	with	with	ADP
taxlaw-2799	291	12	interest	interest	NOUN
taxlaw-2799	291	13	rate	rate	NOUN
taxlaw-2799	291	14	swaps	swap	NOUN
taxlaw-2799	291	15	in	in	ADP
taxlaw-2799	291	16	mind	mind	NOUN
taxlaw-2799	291	17	.	.	PUNCT
taxlaw-2799	292	1	in	in	ADP
taxlaw-2799	292	2	the	the	DET
taxlaw-2799	292	3	case	case	NOUN
taxlaw-2799	292	4	of	of	ADP
taxlaw-2799	292	5	an	an	DET
taxlaw-2799	292	6	interest	interest	NOUN
taxlaw-2799	292	7	rate	rate	NOUN
taxlaw-2799	292	8	swap	swap	NOUN
taxlaw-2799	292	9	,	,	PUNCT
taxlaw-2799	292	10	the	the	DET
taxlaw-2799	292	11	relationship	relationship	NOUN
taxlaw-2799	292	12	between	between	ADP
taxlaw-2799	292	13	the	the	DET
taxlaw-2799	292	14	upfront	upfront	ADJ
taxlaw-2799	292	15	payment	payment	NOUN
taxlaw-2799	292	16	and	and	CCONJ
taxlaw-2799	292	17	the	the	DET
taxlaw-2799	292	18	foregone	foregone	NOUN
taxlaw-2799	292	19	,	,	PUNCT
taxlaw-2799	292	20	or	or	CCONJ
taxlaw-2799	292	21	extra	extra	ADJ
taxlaw-2799	292	22	,	,	PUNCT
taxlaw-2799	292	23	payments	payment	NOUN
taxlaw-2799	292	24	on	on	ADP
taxlaw-2799	292	25	the	the	DET
taxlaw-2799	292	26	swap	swap	NOUN
taxlaw-2799	292	27	is	be	AUX
taxlaw-2799	292	28	mathematically	mathematically	ADV
taxlaw-2799	292	29	straightforward	straightforward	ADJ
taxlaw-2799	292	30	,	,	PUNCT
taxlaw-2799	292	31	once	once	SCONJ
taxlaw-2799	292	32	one	one	PRON
taxlaw-2799	292	33	knows	know	VERB
taxlaw-2799	292	34	the	the	DET
taxlaw-2799	292	35	appropriate	appropriate	ADJ
taxlaw-2799	292	36	discount	discount	NOUN
taxlaw-2799	292	37	rate	rate	NOUN
taxlaw-2799	292	38	:	:	PUNCT
taxlaw-2799	292	39	the	the	DET
taxlaw-2799	292	40	upfront	upfront	ADJ
taxlaw-2799	292	41	payment	payment	NOUN
taxlaw-2799	292	42	is	be	AUX
taxlaw-2799	292	43	simply	simply	ADV
taxlaw-2799	292	44	the	the	DET
taxlaw-2799	292	45	present	present	ADJ
taxlaw-2799	292	46	value	value	NOUN
taxlaw-2799	292	47	of	of	ADP
taxlaw-2799	292	48	the	the	DET
taxlaw-2799	292	49	foregone	foregone	NOUN
taxlaw-2799	292	50	,	,	PUNCT
taxlaw-2799	292	51	or	or	CCONJ
taxlaw-2799	292	52	extra	extra	ADJ
taxlaw-2799	292	53	,	,	PUNCT
taxlaw-2799	292	54	payments	payment	NOUN
taxlaw-2799	292	55	on	on	ADP
taxlaw-2799	292	56	the	the	DET
taxlaw-2799	292	57	swap	swap	NOUN
taxlaw-2799	292	58	as	as	SCONJ
taxlaw-2799	292	59	compared	compare	VERB
taxlaw-2799	292	60	to	to	ADP
taxlaw-2799	292	61	an	an	DET
taxlaw-2799	292	62	atmarket	atmarket	ADJ
taxlaw-2799	292	63	swap	swap	NOUN
taxlaw-2799	292	64	.	.	PUNCT
taxlaw-2799	293	1	these	these	DET
taxlaw-2799	293	2	timing	timing	NOUN
taxlaw-2799	293	3	rules	rule	NOUN
taxlaw-2799	293	4	for	for	ADP
taxlaw-2799	293	5	nonperiodic	nonperiodic	ADJ
taxlaw-2799	293	6	payments	payment	NOUN
taxlaw-2799	293	7	were	be	AUX
taxlaw-2799	293	8	adopted	adopt	VERB
taxlaw-2799	293	9	initially	initially	ADV
taxlaw-2799	293	10	to	to	PART
taxlaw-2799	293	11	prevent	prevent	VERB
taxlaw-2799	293	12	taxpayers	taxpayer	NOUN
taxlaw-2799	293	13	from	from	ADP
taxlaw-2799	293	14	refreshing	refreshing	ADJ
taxlaw-2799	293	15	net	net	ADJ
taxlaw-2799	293	16	operating	operating	NOUN
taxlaw-2799	293	17	losses	loss	NOUN
taxlaw-2799	293	18	by	by	ADP
taxlaw-2799	293	19	accelerating	accelerate	VERB
taxlaw-2799	293	20	income	income	NOUN
taxlaw-2799	293	21	through	through	ADP
taxlaw-2799	293	22	the	the	DET
taxlaw-2799	293	23	receipt	receipt	NOUN
taxlaw-2799	293	24	of	of	ADP
taxlaw-2799	293	25	upfront	upfront	ADJ
taxlaw-2799	293	26	payments.21	payments.21	NOUN
taxlaw-2799	293	27	the	the	DET
taxlaw-2799	293	28	interest	interest	NOUN
taxlaw-2799	293	29	characterization	characterization	NOUN
taxlaw-2799	293	30	rule	rule	NOUN
taxlaw-2799	293	31	is	be	AUX
taxlaw-2799	293	32	,	,	PUNCT
taxlaw-2799	293	33	to	to	ADP
taxlaw-2799	293	34	the	the	DET
taxlaw-2799	293	35	best	good	ADJ
taxlaw-2799	293	36	of	of	ADP
taxlaw-2799	293	37	the	the	DET
taxlaw-2799	293	38	author	author	NOUN
taxlaw-2799	293	39	’s	’s	PART
taxlaw-2799	293	40	knowledge	knowledge	NOUN
taxlaw-2799	293	41	,	,	PUNCT
taxlaw-2799	293	42	intended	intend	VERB
taxlaw-2799	293	43	to	to	PART
taxlaw-2799	293	44	prevent	prevent	VERB
taxlaw-2799	293	45	related	related	ADJ
taxlaw-2799	293	46	parties	party	NOUN
taxlaw-2799	293	47	from	from	ADP
taxlaw-2799	293	48	using	use	VERB
taxlaw-2799	293	49	upfront	upfront	ADJ
taxlaw-2799	293	50	payments	payment	NOUN
taxlaw-2799	293	51	on	on	ADP
taxlaw-2799	293	52	swaps	swap	NOUN
taxlaw-2799	293	53	as	as	ADP
taxlaw-2799	293	54	a	a	DET
taxlaw-2799	293	55	way	way	NOUN
taxlaw-2799	293	56	for	for	SCONJ
taxlaw-2799	293	57	a	a	DET
taxlaw-2799	293	58	non	non	ADJ
taxlaw-2799	293	59	-	-	ADJ
taxlaw-2799	293	60	u.s	u.s	ADJ
taxlaw-2799	293	61	.	.	PROPN
taxlaw-2799	293	62	affiliate	affiliate	NOUN
taxlaw-2799	293	63	in	in	ADP
taxlaw-2799	293	64	a	a	DET
taxlaw-2799	293	65	non	non	ADJ
taxlaw-2799	293	66	-	-	ADJ
taxlaw-2799	293	67	treaty	treaty	ADJ
taxlaw-2799	293	68	country	country	NOUN
taxlaw-2799	293	69	to	to	PART
taxlaw-2799	293	70	lend	lend	VERB
taxlaw-2799	293	71	money	money	NOUN
taxlaw-2799	293	72	to	to	ADP
taxlaw-2799	293	73	a	a	DET
taxlaw-2799	293	74	u.s	u.s	PROPN
taxlaw-2799	293	75	.	.	PROPN
taxlaw-2799	293	76	affiliate	affiliate	NOUN
taxlaw-2799	293	77	without	without	ADP
taxlaw-2799	293	78	suffering	suffer	VERB
taxlaw-2799	293	79	u.s	u.s	PROPN
taxlaw-2799	293	80	.	.	PROPN
taxlaw-2799	293	81	withholding	withholding	NOUN
taxlaw-2799	293	82	tax	tax	NOUN
taxlaw-2799	293	83	on	on	ADP
taxlaw-2799	293	84	the	the	DET
taxlaw-2799	293	85	imputed	impute	VERB
taxlaw-2799	293	86	interest	interest	NOUN
taxlaw-2799	293	87	.	.	PUNCT
taxlaw-2799	294	1	the	the	DET
taxlaw-2799	294	2	rules	rule	NOUN
taxlaw-2799	294	3	described	describe	VERB
taxlaw-2799	294	4	to	to	ADP
taxlaw-2799	294	5	this	this	DET
taxlaw-2799	294	6	point	point	NOUN
taxlaw-2799	294	7	envision	envision	NOUN
taxlaw-2799	294	8	that	that	SCONJ
taxlaw-2799	294	9	any	any	DET
taxlaw-2799	294	10	nonperiodic	nonperiodic	ADJ
taxlaw-2799	294	11	payment	payment	NOUN
taxlaw-2799	294	12	would	would	AUX
taxlaw-2799	294	13	be	be	AUX
taxlaw-2799	294	14	a	a	DET
taxlaw-2799	294	15	fixed	fix	VERB
taxlaw-2799	294	16	amount	amount	NOUN
taxlaw-2799	294	17	known	know	VERB
taxlaw-2799	294	18	when	when	SCONJ
taxlaw-2799	294	19	entering	enter	VERB
taxlaw-2799	294	20	into	into	ADP
taxlaw-2799	294	21	the	the	DET
taxlaw-2799	294	22	npc	npc	NOUN
taxlaw-2799	294	23	.	.	PUNCT
taxlaw-2799	295	1	total	total	ADJ
taxlaw-2799	295	2	return	return	NOUN
taxlaw-2799	295	3	swaps	swap	NOUN
taxlaw-2799	295	4	on	on	ADP
taxlaw-2799	295	5	assets	asset	NOUN
taxlaw-2799	295	6	,	,	PUNCT
taxlaw-2799	295	7	such	such	ADJ
taxlaw-2799	295	8	as	as	ADP
taxlaw-2799	295	9	equity	equity	NOUN
taxlaw-2799	295	10	swaps	swap	NOUN
taxlaw-2799	295	11	,	,	PUNCT
taxlaw-2799	295	12	however	however	ADV
taxlaw-2799	295	13	,	,	PUNCT
taxlaw-2799	295	14	typically	typically	ADV
taxlaw-2799	295	15	provide	provide	VERB
taxlaw-2799	295	16	for	for	ADP
taxlaw-2799	295	17	a	a	DET
taxlaw-2799	295	18	final	final	ADJ
taxlaw-2799	295	19	payment	payment	NOUN
taxlaw-2799	295	20	that	that	PRON
taxlaw-2799	295	21	is	be	AUX
taxlaw-2799	295	22	contingent	contingent	ADJ
taxlaw-2799	295	23	upon	upon	SCONJ
taxlaw-2799	295	24	the	the	DET
taxlaw-2799	295	25	change	change	NOUN
taxlaw-2799	295	26	in	in	ADP
taxlaw-2799	295	27	value	value	NOUN
taxlaw-2799	295	28	,	,	PUNCT
taxlaw-2799	295	29	if	if	SCONJ
taxlaw-2799	295	30	any	any	PRON
taxlaw-2799	295	31	,	,	PUNCT
taxlaw-2799	295	32	of	of	ADP
taxlaw-2799	295	33	the	the	DET
taxlaw-2799	295	34	asset	asset	NOUN
taxlaw-2799	295	35	over	over	ADP
taxlaw-2799	295	36	the	the	DET
taxlaw-2799	295	37	life	life	NOUN
taxlaw-2799	295	38	of	of	ADP
taxlaw-2799	295	39	the	the	DET
taxlaw-2799	295	40	swap	swap	NOUN
taxlaw-2799	295	41	.	.	PUNCT
taxlaw-2799	296	1	regulations	regulation	NOUN
taxlaw-2799	296	2	were	be	AUX
taxlaw-2799	296	3	proposed	propose	VERB
taxlaw-2799	296	4	in	in	ADP
taxlaw-2799	296	5	2004	2004	NUM
taxlaw-2799	296	6	that	that	PRON
taxlaw-2799	296	7	would	would	AUX
taxlaw-2799	296	8	provide	provide	VERB
taxlaw-2799	296	9	specific	specific	ADJ
taxlaw-2799	296	10	timing	timing	NOUN
taxlaw-2799	296	11	rules	rule	NOUN
taxlaw-2799	296	12	for	for	ADP
taxlaw-2799	296	13	swaps	swap	NOUN
taxlaw-2799	296	14	with	with	ADP
taxlaw-2799	296	15	contingent	contingent	NOUN
taxlaw-2799	296	16	nonperiodic	nonperiodic	ADJ
taxlaw-2799	296	17	payments.22	payments.22	PROPN
taxlaw-2799	296	18	the	the	DET
taxlaw-2799	296	19	proposed	propose	VERB
taxlaw-2799	296	20	regulations	regulation	NOUN
taxlaw-2799	296	21	would	would	AUX
taxlaw-2799	296	22	require	require	VERB
taxlaw-2799	296	23	a	a	DET
taxlaw-2799	296	24	taxpayer	taxpayer	NOUN
taxlaw-2799	296	25	that	that	PRON
taxlaw-2799	296	26	enters	enter	VERB
taxlaw-2799	296	27	into	into	ADP
taxlaw-2799	296	28	a	a	DET
taxlaw-2799	296	29	swap	swap	NOUN
taxlaw-2799	296	30	with	with	ADP
taxlaw-2799	296	31	a	a	DET
taxlaw-2799	296	32	contingent	contingent	ADJ
taxlaw-2799	296	33	nonperiodic	nonperiodic	ADJ
taxlaw-2799	296	34	payment	payment	NOUN
taxlaw-2799	296	35	to	to	PART
taxlaw-2799	296	36	accrue	accrue	VERB
taxlaw-2799	296	37	income	income	NOUN
taxlaw-2799	296	38	(	(	PUNCT
taxlaw-2799	296	39	or	or	CCONJ
taxlaw-2799	296	40	expense	expense	NOUN
taxlaw-2799	296	41	)	)	PUNCT
taxlaw-2799	296	42	in	in	ADP
taxlaw-2799	296	43	respect	respect	NOUN
taxlaw-2799	296	44	of	of	ADP
taxlaw-2799	296	45	that	that	DET
taxlaw-2799	296	46	final	final	ADJ
taxlaw-2799	296	47	payment	payment	NOUN
taxlaw-2799	296	48	.	.	PUNCT
taxlaw-2799	297	1	the	the	DET
taxlaw-2799	297	2	methodology	methodology	NOUN
taxlaw-2799	297	3	provided	provide	VERB
taxlaw-2799	297	4	for	for	ADP
taxlaw-2799	297	5	in	in	ADP
taxlaw-2799	297	6	the	the	DET
taxlaw-2799	297	7	proposed	propose	VERB
taxlaw-2799	297	8	regulations	regulation	NOUN
taxlaw-2799	297	9	is	be	AUX
taxlaw-2799	297	10	complex	complex	ADJ
taxlaw-2799	297	11	,	,	PUNCT
taxlaw-2799	297	12	but	but	CCONJ
taxlaw-2799	297	13	essentially	essentially	ADV
taxlaw-2799	297	14	requires	require	VERB
taxlaw-2799	297	15	a	a	DET
taxlaw-2799	297	16	taxpayer	taxpayer	NOUN
taxlaw-2799	297	17	to	to	PART
taxlaw-2799	297	18	determine	determine	VERB
taxlaw-2799	297	19	a	a	DET
taxlaw-2799	297	20	hypothetical	hypothetical	ADJ
taxlaw-2799	297	21	future	future	ADJ
taxlaw-2799	297	22	contingent	contingent	NOUN
taxlaw-2799	297	23	payment	payment	NOUN
taxlaw-2799	297	24	,	,	PUNCT
taxlaw-2799	297	25	to	to	PART
taxlaw-2799	297	26	convert	convert	VERB
taxlaw-2799	297	27	that	that	DET
taxlaw-2799	297	28	future	future	ADJ
taxlaw-2799	297	29	payment	payment	NOUN
taxlaw-2799	297	30	into	into	ADP
taxlaw-2799	297	31	an	an	DET
taxlaw-2799	297	32	upfront	upfront	ADJ
taxlaw-2799	297	33	payment	payment	NOUN
taxlaw-2799	297	34	,	,	PUNCT
taxlaw-2799	297	35	and	and	CCONJ
taxlaw-2799	297	36	then	then	ADV
taxlaw-2799	297	37	to	to	PART
taxlaw-2799	297	38	treat	treat	VERB
taxlaw-2799	297	39	the	the	DET
taxlaw-2799	297	40	upfront	upfront	ADJ
taxlaw-2799	297	41	payment	payment	NOUN
taxlaw-2799	297	42	under	under	ADP
taxlaw-2799	297	43	the	the	DET
taxlaw-2799	297	44	rules	rule	NOUN
taxlaw-2799	297	45	described	describe	VERB
taxlaw-2799	297	46	above	above	ADV
taxlaw-2799	297	47	.	.	PUNCT
taxlaw-2799	298	1	2	2	X
taxlaw-2799	298	2	.	.	X
taxlaw-2799	298	3	taxation	taxation	NOUN
taxlaw-2799	298	4	of	of	ADP
taxlaw-2799	298	5	options	option	NOUN
taxlaw-2799	298	6	.	.	PUNCT
taxlaw-2799	299	1	an	an	DET
taxlaw-2799	299	2	option	option	NOUN
taxlaw-2799	299	3	may	may	AUX
taxlaw-2799	299	4	be	be	AUX
taxlaw-2799	299	5	either	either	CCONJ
taxlaw-2799	299	6	an	an	DET
taxlaw-2799	299	7	option	option	NOUN
taxlaw-2799	299	8	to	to	PART
taxlaw-2799	299	9	buy	buy	VERB
taxlaw-2799	299	10	property	property	NOUN
taxlaw-2799	299	11	at	at	ADP
taxlaw-2799	299	12	a	a	DET
taxlaw-2799	299	13	stated	state	VERB
taxlaw-2799	299	14	“	"	PUNCT
taxlaw-2799	299	15	strike	strike	NOUN
taxlaw-2799	299	16	”	"	PUNCT
taxlaw-2799	299	17	price	price	NOUN
taxlaw-2799	299	18	(	(	PUNCT
taxlaw-2799	299	19	a	a	DET
taxlaw-2799	299	20	“	"	PUNCT
taxlaw-2799	299	21	call	call	NOUN
taxlaw-2799	299	22	”	"	PUNCT
taxlaw-2799	299	23	option	option	NOUN
taxlaw-2799	299	24	)	)	PUNCT
taxlaw-2799	299	25	or	or	CCONJ
taxlaw-2799	299	26	an	an	DET
taxlaw-2799	299	27	option	option	NOUN
taxlaw-2799	299	28	to	to	PART
taxlaw-2799	299	29	sell	sell	VERB
taxlaw-2799	299	30	property	property	NOUN
taxlaw-2799	299	31	at	at	ADP
taxlaw-2799	299	32	a	a	DET
taxlaw-2799	299	33	stated	state	VERB
taxlaw-2799	299	34	strike	strike	NOUN
taxlaw-2799	299	35	price	price	NOUN
taxlaw-2799	299	36	(	(	PUNCT
taxlaw-2799	299	37	a	a	DET
taxlaw-2799	299	38	“	"	PUNCT
taxlaw-2799	299	39	put	put	NOUN
taxlaw-2799	299	40	”	"	PUNCT
taxlaw-2799	299	41	option	option	NOUN
taxlaw-2799	299	42	)	)	PUNCT
taxlaw-2799	299	43	.	.	PUNCT
taxlaw-2799	300	1	the	the	DET
taxlaw-2799	300	2	value	value	NOUN
taxlaw-2799	300	3	of	of	ADP
taxlaw-2799	300	4	the	the	DET
taxlaw-2799	300	5	call	call	NOUN
taxlaw-2799	300	6	option	option	NOUN
taxlaw-2799	300	7	in	in	ADP
taxlaw-2799	300	8	the	the	DET
taxlaw-2799	300	9	hands	hand	NOUN
taxlaw-2799	300	10	of	of	ADP
taxlaw-2799	300	11	the	the	DET
taxlaw-2799	300	12	purchaser	purchaser	NOUN
taxlaw-2799	300	13	will	will	AUX
taxlaw-2799	300	14	increase	increase	VERB
taxlaw-2799	300	15	if	if	SCONJ
taxlaw-2799	300	16	the	the	DET
taxlaw-2799	300	17	value	value	NOUN
taxlaw-2799	300	18	of	of	ADP
taxlaw-2799	300	19	the	the	DET
taxlaw-2799	300	20	underlying	underlie	VERB
taxlaw-2799	300	21	property	property	NOUN
taxlaw-2799	300	22	rises	rise	NOUN
taxlaw-2799	300	23	above	above	ADP
taxlaw-2799	300	24	the	the	DET
taxlaw-2799	300	25	strike	strike	NOUN
taxlaw-2799	300	26	price	price	NOUN
taxlaw-2799	300	27	.	.	PUNCT
taxlaw-2799	301	1	the	the	DET
taxlaw-2799	301	2	value	value	NOUN
taxlaw-2799	301	3	of	of	ADP
taxlaw-2799	301	4	a	a	DET
taxlaw-2799	301	5	put	put	NOUN
taxlaw-2799	301	6	option	option	NOUN
taxlaw-2799	301	7	in	in	ADP
taxlaw-2799	301	8	the	the	DET
taxlaw-2799	301	9	hands	hand	NOUN
taxlaw-2799	301	10	of	of	ADP
taxlaw-2799	301	11	the	the	DET
taxlaw-2799	301	12	purchaser	purchaser	NOUN
taxlaw-2799	301	13	will	will	AUX
taxlaw-2799	301	14	increase	increase	VERB
taxlaw-2799	301	15	if	if	SCONJ
taxlaw-2799	301	16	the	the	DET
taxlaw-2799	301	17	value	value	NOUN
taxlaw-2799	301	18	of	of	ADP
taxlaw-2799	301	19	the	the	DET
taxlaw-2799	301	20	underlying	underlie	VERB
taxlaw-2799	301	21	property	property	NOUN
taxlaw-2799	301	22	drops	drop	NOUN
taxlaw-2799	301	23	below	below	ADP
taxlaw-2799	301	24	the	the	DET
taxlaw-2799	301	25	strike	strike	NOUN
taxlaw-2799	301	26	price	price	NOUN
taxlaw-2799	301	27	.	.	PUNCT
taxlaw-2799	302	1	the	the	DET
taxlaw-2799	302	2	writer	writer	NOUN
taxlaw-2799	302	3	of	of	ADP
taxlaw-2799	302	4	the	the	DET
taxlaw-2799	302	5	option	option	NOUN
taxlaw-2799	302	6	is	be	AUX
taxlaw-2799	302	7	in	in	ADP
taxlaw-2799	302	8	the	the	DET
taxlaw-2799	302	9	opposite	opposite	ADJ
taxlaw-2799	302	10	economic	economic	ADJ
taxlaw-2799	302	11	position	position	NOUN
taxlaw-2799	302	12	.	.	PUNCT
taxlaw-2799	303	1	because	because	SCONJ
taxlaw-2799	303	2	the	the	DET
taxlaw-2799	303	3	purchaser	purchaser	NOUN
taxlaw-2799	303	4	has	have	VERB
taxlaw-2799	303	5	the	the	DET
taxlaw-2799	303	6	right	right	NOUN
taxlaw-2799	303	7	to	to	PART
taxlaw-2799	303	8	profit	profit	VERB
taxlaw-2799	303	9	from	from	ADP
taxlaw-2799	303	10	the	the	DET
taxlaw-2799	303	11	option	option	NOUN
taxlaw-2799	303	12	,	,	PUNCT
taxlaw-2799	303	13	and	and	CCONJ
taxlaw-2799	303	14	the	the	DET
taxlaw-2799	303	15	writer	writer	NOUN
taxlaw-2799	303	16	may	may	AUX
taxlaw-2799	303	17	be	be	AUX
taxlaw-2799	303	18	obligated	obligate	VERB
taxlaw-2799	303	19	to	to	PART
taxlaw-2799	303	20	lose	lose	VERB
taxlaw-2799	303	21	money	money	NOUN
taxlaw-2799	303	22	on	on	ADP
taxlaw-2799	303	23	the	the	DET
taxlaw-2799	303	24	option	option	NOUN
taxlaw-2799	303	25	,	,	PUNCT
taxlaw-2799	303	26	the	the	DET
taxlaw-2799	303	27	purchaser	purchaser	NOUN
taxlaw-2799	303	28	pays	pay	VERB
taxlaw-2799	303	29	the	the	DET
taxlaw-2799	303	30	writer	writer	NOUN
taxlaw-2799	303	31	a	a	DET
taxlaw-2799	303	32	premium	premium	NOUN
taxlaw-2799	303	33	to	to	PART
taxlaw-2799	303	34	compensate	compensate	VERB
taxlaw-2799	303	35	the	the	DET
taxlaw-2799	303	36	writer	writer	NOUN
taxlaw-2799	303	37	for	for	ADP
taxlaw-2799	303	38	the	the	DET
taxlaw-2799	303	39	risk	risk	NOUN
taxlaw-2799	303	40	that	that	SCONJ
taxlaw-2799	303	41	the	the	DET
taxlaw-2799	303	42	latter	latter	NOUN
taxlaw-2799	303	43	is	be	AUX
taxlaw-2799	303	44	taking	take	VERB
taxlaw-2799	303	45	.	.	PUNCT
taxlaw-2799	304	1	for	for	ADP
taxlaw-2799	304	2	a	a	DET
taxlaw-2799	304	3	conventional	conventional	ADJ
taxlaw-2799	304	4	option	option	NOUN
taxlaw-2799	304	5	,	,	PUNCT
taxlaw-2799	304	6	the	the	DET
taxlaw-2799	304	7	premium	premium	NOUN
taxlaw-2799	304	8	is	be	AUX
taxlaw-2799	304	9	usually	usually	ADV
taxlaw-2799	304	10	paid	pay	VERB
taxlaw-2799	304	11	in	in	ADP
taxlaw-2799	304	12	a	a	DET
taxlaw-2799	304	13	single	single	ADJ
taxlaw-2799	304	14	lump	lump	NOUN
taxlaw-2799	304	15	sum	sum	NOUN
taxlaw-2799	304	16	amount	amount	NOUN
taxlaw-2799	304	17	,	,	PUNCT
taxlaw-2799	304	18	although	although	SCONJ
taxlaw-2799	304	19	it	it	PRON
taxlaw-2799	304	20	may	may	AUX
taxlaw-2799	304	21	instead	instead	ADV
taxlaw-2799	304	22	be	be	AUX
taxlaw-2799	304	23	paid	pay	VERB
taxlaw-2799	304	24	over	over	ADP
taxlaw-2799	304	25	time	time	NOUN
taxlaw-2799	304	26	.	.	PUNCT
taxlaw-2799	305	1	21	21	NUM
taxlaw-2799	305	2	see	see	VERB
taxlaw-2799	305	3	i.r.s	i.r.s	PROPN
taxlaw-2799	305	4	.	.	PUNCT
taxlaw-2799	306	1	notice	notice	VERB
taxlaw-2799	306	2	89	89	NUM
taxlaw-2799	306	3	-	-	SYM
taxlaw-2799	306	4	21	21	NUM
taxlaw-2799	306	5	,	,	PUNCT
taxlaw-2799	306	6	1989	1989	NUM
taxlaw-2799	306	7	-	-	SYM
taxlaw-2799	306	8	1	1	NUM
taxlaw-2799	306	9	c.b	c.b	PROPN
taxlaw-2799	306	10	.	.	PROPN
taxlaw-2799	306	11	651	651	NUM
taxlaw-2799	306	12	(	(	PUNCT
taxlaw-2799	306	13	requiring	require	VERB
taxlaw-2799	306	14	that	that	SCONJ
taxlaw-2799	306	15	upfront	upfront	ADJ
taxlaw-2799	306	16	payments	payment	NOUN
taxlaw-2799	306	17	on	on	ADP
taxlaw-2799	306	18	npcs	npc	NOUN
taxlaw-2799	306	19	be	be	AUX
taxlaw-2799	306	20	taken	take	VERB
taxlaw-2799	306	21	into	into	ADP
taxlaw-2799	306	22	account	account	NOUN
taxlaw-2799	306	23	over	over	ADP
taxlaw-2799	306	24	the	the	DET
taxlaw-2799	306	25	life	life	NOUN
taxlaw-2799	306	26	of	of	ADP
taxlaw-2799	306	27	the	the	DET
taxlaw-2799	306	28	contract	contract	NOUN
taxlaw-2799	306	29	under	under	ADP
taxlaw-2799	306	30	a	a	DET
taxlaw-2799	306	31	reasonable	reasonable	ADJ
taxlaw-2799	306	32	method	method	NOUN
taxlaw-2799	306	33	of	of	ADP
taxlaw-2799	306	34	amortization	amortization	NOUN
taxlaw-2799	306	35	)	)	PUNCT
taxlaw-2799	306	36	.	.	PUNCT
taxlaw-2799	307	1	22	22	NUM
taxlaw-2799	307	2	prop	prop	NOUN
taxlaw-2799	307	3	.	.	PUNCT
taxlaw-2799	308	1	treas	treas	PROPN
taxlaw-2799	308	2	.	.	PUNCT
taxlaw-2799	309	1	reg	reg	PROPN
taxlaw-2799	309	2	.	.	PUNCT
taxlaw-2799	310	1	§	§	PROPN
taxlaw-2799	310	2	1.446	1.446	NUM
taxlaw-2799	310	3	-	-	SYM
taxlaw-2799	310	4	3(g)(6	3(g)(6	NUM
taxlaw-2799	310	5	)	)	PUNCT
taxlaw-2799	310	6	,	,	PUNCT
taxlaw-2799	310	7	69	69	NUM
taxlaw-2799	310	8	fed	feed	VERB
taxlaw-2799	310	9	.	.	PUNCT
taxlaw-2799	311	1	reg	reg	NOUN
taxlaw-2799	311	2	.	.	PUNCT
taxlaw-2799	312	1	8,886	8,886	NUM
taxlaw-2799	312	2	(	(	PUNCT
taxlaw-2799	312	3	feb	feb	PROPN
taxlaw-2799	312	4	.	.	PROPN
taxlaw-2799	312	5	26	26	NUM
taxlaw-2799	312	6	,	,	PUNCT
taxlaw-2799	312	7	2004	2004	NUM
taxlaw-2799	312	8	)	)	PUNCT
taxlaw-2799	312	9	.	.	PUNCT
taxlaw-2799	313	1	16	16	NUM
taxlaw-2799	313	2	columbia	columbia	PROPN
taxlaw-2799	313	3	jour	jour	PROPN
taxlaw-2799	313	4	al	al	PROPN
taxlaw-2799	313	5	of	of	ADP
taxlaw-2799	313	6	tax	tax	NOUN
taxlaw-2799	313	7	law	law	NOUN
taxlaw-2799	313	8	[	[	X
taxlaw-2799	313	9	vol	vol	NOUN
taxlaw-2799	313	10	.	.	PUNCT
taxlaw-2799	313	11	2:1	2:1	NUM
taxlaw-2799	313	12	in	in	ADP
taxlaw-2799	313	13	general	general	ADJ
taxlaw-2799	313	14	,	,	PUNCT
taxlaw-2799	313	15	gain	gain	NOUN
taxlaw-2799	313	16	or	or	CCONJ
taxlaw-2799	313	17	loss	loss	NOUN
taxlaw-2799	313	18	from	from	ADP
taxlaw-2799	313	19	options	option	NOUN
taxlaw-2799	313	20	is	be	AUX
taxlaw-2799	313	21	recognized	recognize	VERB
taxlaw-2799	313	22	on	on	ADP
taxlaw-2799	313	23	a	a	DET
taxlaw-2799	313	24	wait	wait	NOUN
taxlaw-2799	313	25	-	-	PUNCT
taxlaw-2799	313	26	andsee	andsee	ADJ
taxlaw-2799	313	27	(	(	PUNCT
taxlaw-2799	313	28	open	open	ADJ
taxlaw-2799	313	29	transaction	transaction	NOUN
taxlaw-2799	313	30	)	)	PUNCT
taxlaw-2799	313	31	basis.23	basis.23	VERB
taxlaw-2799	313	32	the	the	DET
taxlaw-2799	313	33	purchaser	purchaser	NOUN
taxlaw-2799	313	34	capitalizes	capitalize	VERB
taxlaw-2799	313	35	the	the	DET
taxlaw-2799	313	36	cost	cost	NOUN
taxlaw-2799	313	37	of	of	ADP
taxlaw-2799	313	38	the	the	DET
taxlaw-2799	313	39	option	option	NOUN
taxlaw-2799	313	40	premium	premium	NOUN
taxlaw-2799	313	41	,	,	PUNCT
taxlaw-2799	313	42	and	and	CCONJ
taxlaw-2799	313	43	the	the	DET
taxlaw-2799	313	44	option	option	NOUN
taxlaw-2799	313	45	writer	writer	NOUN
taxlaw-2799	313	46	does	do	AUX
taxlaw-2799	313	47	not	not	PART
taxlaw-2799	313	48	immediately	immediately	ADV
taxlaw-2799	313	49	include	include	VERB
taxlaw-2799	313	50	it	it	PRON
taxlaw-2799	313	51	in	in	ADP
taxlaw-2799	313	52	income	income	NOUN
taxlaw-2799	313	53	.	.	PUNCT
taxlaw-2799	314	1	if	if	SCONJ
taxlaw-2799	314	2	the	the	DET
taxlaw-2799	314	3	option	option	NOUN
taxlaw-2799	314	4	is	be	AUX
taxlaw-2799	314	5	exercised	exercise	VERB
taxlaw-2799	314	6	by	by	ADP
taxlaw-2799	314	7	delivery	delivery	NOUN
taxlaw-2799	314	8	of	of	ADP
taxlaw-2799	314	9	the	the	DET
taxlaw-2799	314	10	underlying	underlie	VERB
taxlaw-2799	314	11	property	property	NOUN
taxlaw-2799	314	12	in	in	ADP
taxlaw-2799	314	13	exchange	exchange	NOUN
taxlaw-2799	314	14	for	for	ADP
taxlaw-2799	314	15	payment	payment	NOUN
taxlaw-2799	314	16	of	of	ADP
taxlaw-2799	314	17	the	the	DET
taxlaw-2799	314	18	strike	strike	NOUN
taxlaw-2799	314	19	price	price	NOUN
taxlaw-2799	314	20	(	(	PUNCT
taxlaw-2799	314	21	physical	physical	ADJ
taxlaw-2799	314	22	settlement	settlement	NOUN
taxlaw-2799	314	23	)	)	PUNCT
taxlaw-2799	314	24	,	,	PUNCT
taxlaw-2799	314	25	for	for	ADP
taxlaw-2799	314	26	tax	tax	NOUN
taxlaw-2799	314	27	purposes	purpose	NOUN
taxlaw-2799	314	28	the	the	DET
taxlaw-2799	314	29	party	party	NOUN
taxlaw-2799	314	30	that	that	PRON
taxlaw-2799	314	31	buys	buy	VERB
taxlaw-2799	314	32	the	the	DET
taxlaw-2799	314	33	property	property	NOUN
taxlaw-2799	314	34	acquires	acquire	VERB
taxlaw-2799	314	35	it	it	PRON
taxlaw-2799	314	36	for	for	ADP
taxlaw-2799	314	37	an	an	DET
taxlaw-2799	314	38	amount	amount	NOUN
taxlaw-2799	314	39	equal	equal	ADJ
taxlaw-2799	314	40	to	to	ADP
taxlaw-2799	314	41	the	the	DET
taxlaw-2799	314	42	strike	strike	NOUN
taxlaw-2799	314	43	price	price	NOUN
taxlaw-2799	314	44	paid	pay	VERB
taxlaw-2799	314	45	plus	plus	CCONJ
taxlaw-2799	314	46	or	or	CCONJ
taxlaw-2799	314	47	minus	minus	ADP
taxlaw-2799	314	48	the	the	DET
taxlaw-2799	314	49	option	option	NOUN
taxlaw-2799	314	50	premium	premium	NOUN
taxlaw-2799	314	51	.	.	PUNCT
taxlaw-2799	315	1	that	that	DET
taxlaw-2799	315	2	amount	amount	NOUN
taxlaw-2799	315	3	is	be	AUX
taxlaw-2799	315	4	also	also	ADV
taxlaw-2799	315	5	the	the	DET
taxlaw-2799	315	6	amount	amount	NOUN
taxlaw-2799	315	7	realized	realize	VERB
taxlaw-2799	315	8	for	for	ADP
taxlaw-2799	315	9	the	the	DET
taxlaw-2799	315	10	seller	seller	NOUN
taxlaw-2799	315	11	of	of	ADP
taxlaw-2799	315	12	the	the	DET
taxlaw-2799	315	13	property	property	NOUN
taxlaw-2799	315	14	.	.	PUNCT
taxlaw-2799	316	1	if	if	SCONJ
taxlaw-2799	316	2	the	the	DET
taxlaw-2799	316	3	option	option	NOUN
taxlaw-2799	316	4	is	be	AUX
taxlaw-2799	316	5	exercised	exercise	VERB
taxlaw-2799	316	6	through	through	ADP
taxlaw-2799	316	7	cash	cash	NOUN
taxlaw-2799	316	8	settlement	settlement	NOUN
taxlaw-2799	316	9	,	,	PUNCT
taxlaw-2799	316	10	no	no	DET
taxlaw-2799	316	11	property	property	NOUN
taxlaw-2799	316	12	is	be	AUX
taxlaw-2799	316	13	delivered	deliver	VERB
taxlaw-2799	316	14	,	,	PUNCT
taxlaw-2799	316	15	and	and	CCONJ
taxlaw-2799	316	16	gain	gain	NOUN
taxlaw-2799	316	17	or	or	CCONJ
taxlaw-2799	316	18	loss	loss	NOUN
taxlaw-2799	316	19	is	be	AUX
taxlaw-2799	316	20	measured	measure	VERB
taxlaw-2799	316	21	by	by	ADP
taxlaw-2799	316	22	reference	reference	NOUN
taxlaw-2799	316	23	to	to	ADP
taxlaw-2799	316	24	the	the	DET
taxlaw-2799	316	25	difference	difference	NOUN
taxlaw-2799	316	26	between	between	ADP
taxlaw-2799	316	27	the	the	DET
taxlaw-2799	316	28	cash	cash	NOUN
taxlaw-2799	316	29	settlement	settlement	NOUN
taxlaw-2799	316	30	amount	amount	NOUN
taxlaw-2799	316	31	and	and	CCONJ
taxlaw-2799	316	32	the	the	DET
taxlaw-2799	316	33	premium	premium	NOUN
taxlaw-2799	316	34	paid	pay	VERB
taxlaw-2799	316	35	or	or	CCONJ
taxlaw-2799	316	36	received	receive	VERB
taxlaw-2799	316	37	.	.	PUNCT
taxlaw-2799	317	1	the	the	DET
taxlaw-2799	317	2	option	option	NOUN
taxlaw-2799	317	3	may	may	AUX
taxlaw-2799	317	4	also	also	ADV
taxlaw-2799	317	5	expire	expire	VERB
taxlaw-2799	317	6	unexercised	unexercised	ADJ
taxlaw-2799	317	7	,	,	PUNCT
taxlaw-2799	317	8	in	in	ADP
taxlaw-2799	317	9	which	which	DET
taxlaw-2799	317	10	case	case	NOUN
taxlaw-2799	317	11	the	the	DET
taxlaw-2799	317	12	purchaser	purchaser	NOUN
taxlaw-2799	317	13	will	will	AUX
taxlaw-2799	317	14	have	have	VERB
taxlaw-2799	317	15	a	a	DET
taxlaw-2799	317	16	loss	loss	NOUN
taxlaw-2799	317	17	and	and	CCONJ
taxlaw-2799	317	18	the	the	DET
taxlaw-2799	317	19	writer	writer	NOUN
taxlaw-2799	317	20	will	will	AUX
taxlaw-2799	317	21	have	have	VERB
taxlaw-2799	317	22	income	income	NOUN
taxlaw-2799	317	23	equal	equal	ADJ
taxlaw-2799	317	24	to	to	ADP
taxlaw-2799	317	25	the	the	DET
taxlaw-2799	317	26	premium	premium	NOUN
taxlaw-2799	317	27	.	.	PUNCT
taxlaw-2799	318	1	gain	gain	NOUN
taxlaw-2799	318	2	or	or	CCONJ
taxlaw-2799	318	3	loss	loss	NOUN
taxlaw-2799	318	4	recognized	recognize	VERB
taxlaw-2799	318	5	by	by	ADP
taxlaw-2799	318	6	the	the	DET
taxlaw-2799	318	7	purchaser	purchaser	NOUN
taxlaw-2799	318	8	of	of	ADP
taxlaw-2799	318	9	an	an	DET
taxlaw-2799	318	10	option	option	NOUN
taxlaw-2799	318	11	is	be	AUX
taxlaw-2799	318	12	considered	consider	VERB
taxlaw-2799	318	13	to	to	PART
taxlaw-2799	318	14	have	have	VERB
taxlaw-2799	318	15	the	the	DET
taxlaw-2799	318	16	same	same	ADJ
taxlaw-2799	318	17	character	character	NOUN
taxlaw-2799	318	18	as	as	ADP
taxlaw-2799	318	19	the	the	DET
taxlaw-2799	318	20	property	property	NOUN
taxlaw-2799	318	21	to	to	PART
taxlaw-2799	318	22	which	which	PRON
taxlaw-2799	318	23	the	the	DET
taxlaw-2799	318	24	option	option	NOUN
taxlaw-2799	318	25	relates	relate	VERB
taxlaw-2799	318	26	in	in	ADP
taxlaw-2799	318	27	the	the	DET
taxlaw-2799	318	28	hands	hand	NOUN
taxlaw-2799	318	29	of	of	ADP
taxlaw-2799	318	30	the	the	DET
taxlaw-2799	318	31	option	option	NOUN
taxlaw-2799	318	32	purchaser	purchaser	NOUN
taxlaw-2799	318	33	(	(	PUNCT
taxlaw-2799	318	34	or	or	CCONJ
taxlaw-2799	318	35	would	would	AUX
taxlaw-2799	318	36	have	have	AUX
taxlaw-2799	318	37	if	if	SCONJ
taxlaw-2799	318	38	acquired	acquire	VERB
taxlaw-2799	318	39	by	by	ADP
taxlaw-2799	318	40	the	the	DET
taxlaw-2799	318	41	purchaser).24	purchaser).24	PROPN
taxlaw-2799	318	42	thus	thus	ADV
taxlaw-2799	318	43	,	,	PUNCT
taxlaw-2799	318	44	in	in	ADP
taxlaw-2799	318	45	the	the	DET
taxlaw-2799	318	46	case	case	NOUN
taxlaw-2799	318	47	of	of	ADP
taxlaw-2799	318	48	a	a	DET
taxlaw-2799	318	49	purchaser	purchaser	NOUN
taxlaw-2799	318	50	of	of	ADP
taxlaw-2799	318	51	an	an	DET
taxlaw-2799	318	52	option	option	NOUN
taxlaw-2799	318	53	on	on	ADP
taxlaw-2799	318	54	a	a	DET
taxlaw-2799	318	55	bond	bond	NOUN
taxlaw-2799	318	56	that	that	PRON
taxlaw-2799	318	57	is	be	AUX
taxlaw-2799	318	58	or	or	CCONJ
taxlaw-2799	318	59	would	would	AUX
taxlaw-2799	318	60	be	be	AUX
taxlaw-2799	318	61	held	hold	VERB
taxlaw-2799	318	62	as	as	ADP
taxlaw-2799	318	63	an	an	DET
taxlaw-2799	318	64	investment	investment	NOUN
taxlaw-2799	318	65	,	,	PUNCT
taxlaw-2799	318	66	gain	gain	NOUN
taxlaw-2799	318	67	or	or	CCONJ
taxlaw-2799	318	68	loss	loss	NOUN
taxlaw-2799	318	69	will	will	AUX
taxlaw-2799	318	70	be	be	AUX
taxlaw-2799	318	71	capital	capital	NOUN
taxlaw-2799	318	72	.	.	PUNCT
taxlaw-2799	319	1	in	in	ADP
taxlaw-2799	319	2	the	the	DET
taxlaw-2799	319	3	case	case	NOUN
taxlaw-2799	319	4	of	of	ADP
taxlaw-2799	319	5	an	an	DET
taxlaw-2799	319	6	option	option	NOUN
taxlaw-2799	319	7	writer	writer	NOUN
taxlaw-2799	319	8	,	,	PUNCT
taxlaw-2799	319	9	gain	gain	NOUN
taxlaw-2799	319	10	or	or	CCONJ
taxlaw-2799	319	11	loss	loss	NOUN
taxlaw-2799	319	12	from	from	ADP
taxlaw-2799	319	13	delivery	delivery	NOUN
taxlaw-2799	319	14	is	be	AUX
taxlaw-2799	319	15	typically	typically	ADV
taxlaw-2799	319	16	capital	capital	NOUN
taxlaw-2799	319	17	.	.	PUNCT
taxlaw-2799	320	1	in	in	ADP
taxlaw-2799	320	2	the	the	DET
taxlaw-2799	320	3	case	case	NOUN
taxlaw-2799	320	4	of	of	ADP
taxlaw-2799	320	5	the	the	DET
taxlaw-2799	320	6	termination	termination	NOUN
taxlaw-2799	320	7	of	of	ADP
taxlaw-2799	320	8	an	an	DET
taxlaw-2799	320	9	option	option	NOUN
taxlaw-2799	320	10	other	other	ADJ
taxlaw-2799	320	11	than	than	ADP
taxlaw-2799	320	12	through	through	ADP
taxlaw-2799	320	13	delivery	delivery	NOUN
taxlaw-2799	320	14	of	of	ADP
taxlaw-2799	320	15	the	the	DET
taxlaw-2799	320	16	underlying	underlying	ADJ
taxlaw-2799	320	17	property	property	NOUN
taxlaw-2799	320	18	,	,	PUNCT
taxlaw-2799	320	19	the	the	DET
taxlaw-2799	320	20	writer	writer	NOUN
taxlaw-2799	320	21	’s	’s	PART
taxlaw-2799	320	22	gain	gain	NOUN
taxlaw-2799	320	23	or	or	CCONJ
taxlaw-2799	320	24	loss	loss	NOUN
taxlaw-2799	320	25	typically	typically	ADV
taxlaw-2799	320	26	is	be	AUX
taxlaw-2799	320	27	treated	treat	VERB
taxlaw-2799	320	28	as	as	ADP
taxlaw-2799	320	29	shortterm	shortterm	PROPN
taxlaw-2799	320	30	capital	capital	NOUN
taxlaw-2799	320	31	gain	gain	NOUN
taxlaw-2799	320	32	or	or	CCONJ
taxlaw-2799	320	33	loss	loss	NOUN
taxlaw-2799	320	34	,	,	PUNCT
taxlaw-2799	320	35	regardless	regardless	ADV
taxlaw-2799	320	36	of	of	ADP
taxlaw-2799	320	37	the	the	DET
taxlaw-2799	320	38	term	term	NOUN
taxlaw-2799	320	39	of	of	ADP
taxlaw-2799	320	40	the	the	DET
taxlaw-2799	320	41	contract.25	contract.25	NOUN
taxlaw-2799	320	42	different	different	ADJ
taxlaw-2799	320	43	rules	rule	NOUN
taxlaw-2799	320	44	apply	apply	VERB
taxlaw-2799	320	45	if	if	SCONJ
taxlaw-2799	320	46	the	the	DET
taxlaw-2799	320	47	taxpayer	taxpayer	NOUN
taxlaw-2799	320	48	is	be	AUX
taxlaw-2799	320	49	a	a	DET
taxlaw-2799	320	50	dealer	dealer	NOUN
taxlaw-2799	320	51	in	in	ADP
taxlaw-2799	320	52	securities	security	NOUN
taxlaw-2799	320	53	,	,	PUNCT
taxlaw-2799	320	54	if	if	SCONJ
taxlaw-2799	320	55	the	the	DET
taxlaw-2799	320	56	taxpayer	taxpayer	NOUN
taxlaw-2799	320	57	is	be	AUX
taxlaw-2799	320	58	using	use	VERB
taxlaw-2799	320	59	the	the	DET
taxlaw-2799	320	60	option	option	NOUN
taxlaw-2799	320	61	to	to	PART
taxlaw-2799	320	62	hedge	hedge	VERB
taxlaw-2799	320	63	another	another	DET
taxlaw-2799	320	64	position	position	NOUN
taxlaw-2799	320	65	,	,	PUNCT
taxlaw-2799	320	66	if	if	SCONJ
taxlaw-2799	320	67	the	the	DET
taxlaw-2799	320	68	option	option	NOUN
taxlaw-2799	320	69	is	be	AUX
taxlaw-2799	320	70	a	a	DET
taxlaw-2799	320	71	foreign	foreign	ADJ
taxlaw-2799	320	72	currency	currency	NOUN
taxlaw-2799	320	73	option	option	NOUN
taxlaw-2799	320	74	or	or	CCONJ
taxlaw-2799	320	75	a	a	DET
taxlaw-2799	320	76	“	"	PUNCT
taxlaw-2799	320	77	section	section	NOUN
taxlaw-2799	320	78	1256	1256	NUM
taxlaw-2799	320	79	contract	contract	NOUN
taxlaw-2799	320	80	”	"	PUNCT
taxlaw-2799	320	81	(	(	PUNCT
taxlaw-2799	320	82	see	see	VERB
taxlaw-2799	320	83	below	below	ADV
taxlaw-2799	320	84	)	)	PUNCT
taxlaw-2799	320	85	,	,	PUNCT
taxlaw-2799	320	86	or	or	CCONJ
taxlaw-2799	320	87	if	if	SCONJ
taxlaw-2799	320	88	other	other	ADJ
taxlaw-2799	320	89	special	special	ADJ
taxlaw-2799	320	90	rules	rule	NOUN
taxlaw-2799	320	91	apply	apply	VERB
taxlaw-2799	320	92	.	.	PUNCT
taxlaw-2799	321	1	options	option	NOUN
taxlaw-2799	321	2	may	may	AUX
taxlaw-2799	321	3	also	also	ADV
taxlaw-2799	321	4	have	have	VERB
taxlaw-2799	321	5	terms	term	NOUN
taxlaw-2799	321	6	that	that	PRON
taxlaw-2799	321	7	vary	vary	VERB
taxlaw-2799	321	8	from	from	ADP
taxlaw-2799	321	9	the	the	DET
taxlaw-2799	321	10	fact	fact	NOUN
taxlaw-2799	321	11	patterns	pattern	NOUN
taxlaw-2799	321	12	described	describe	VERB
taxlaw-2799	321	13	above	above	ADV
taxlaw-2799	321	14	.	.	PUNCT
taxlaw-2799	322	1	3	3	X
taxlaw-2799	322	2	.	.	X
taxlaw-2799	322	3	taxation	taxation	NOUN
taxlaw-2799	322	4	of	of	ADP
taxlaw-2799	322	5	cds	cds	PROPN
taxlaw-2799	322	6	.	.	PUNCT
taxlaw-2799	323	1	cds	cd	NOUN
taxlaw-2799	323	2	are	be	AUX
taxlaw-2799	323	3	important	important	ADJ
taxlaw-2799	323	4	to	to	ADP
taxlaw-2799	323	5	the	the	DET
taxlaw-2799	323	6	issues	issue	NOUN
taxlaw-2799	323	7	discussed	discuss	VERB
taxlaw-2799	323	8	in	in	ADP
taxlaw-2799	323	9	this	this	DET
taxlaw-2799	323	10	article	article	NOUN
taxlaw-2799	323	11	for	for	ADP
taxlaw-2799	323	12	several	several	ADJ
taxlaw-2799	323	13	reasons	reason	NOUN
taxlaw-2799	323	14	.	.	PUNCT
taxlaw-2799	324	1	first	first	ADV
taxlaw-2799	324	2	,	,	PUNCT
taxlaw-2799	324	3	as	as	SCONJ
taxlaw-2799	324	4	noted	note	VERB
taxlaw-2799	324	5	above	above	ADV
taxlaw-2799	324	6	,	,	PUNCT
taxlaw-2799	324	7	the	the	DET
taxlaw-2799	324	8	extraordinary	extraordinary	ADJ
taxlaw-2799	324	9	significance	significance	NOUN
taxlaw-2799	324	10	attributed	attribute	VERB
taxlaw-2799	324	11	to	to	ADP
taxlaw-2799	324	12	the	the	DET
taxlaw-2799	324	13	role	role	NOUN
taxlaw-2799	324	14	of	of	ADP
taxlaw-2799	324	15	cds	cd	NOUN
taxlaw-2799	324	16	in	in	ADP
taxlaw-2799	324	17	triggering	trigger	VERB
taxlaw-2799	324	18	the	the	DET
taxlaw-2799	324	19	near	near	NOUN
taxlaw-2799	324	20	-	-	PUNCT
taxlaw-2799	324	21	collapse	collapse	NOUN
taxlaw-2799	324	22	of	of	ADP
taxlaw-2799	324	23	the	the	DET
taxlaw-2799	324	24	u.s	u.s	PROPN
taxlaw-2799	324	25	.	.	PROPN
taxlaw-2799	324	26	financial	financial	ADJ
taxlaw-2799	324	27	system	system	NOUN
taxlaw-2799	324	28	and	and	CCONJ
taxlaw-2799	324	29	other	other	ADJ
taxlaw-2799	324	30	near	near	ADJ
taxlaw-2799	324	31	-	-	PUNCT
taxlaw-2799	324	32	catastrophes	catastrophe	NOUN
taxlaw-2799	324	33	—	—	PUNCT
taxlaw-2799	324	34	most	most	ADV
taxlaw-2799	324	35	recently	recently	ADV
taxlaw-2799	324	36	,	,	PUNCT
taxlaw-2799	324	37	their	their	PRON
taxlaw-2799	324	38	alleged	allege	VERB
taxlaw-2799	324	39	role	role	NOUN
taxlaw-2799	324	40	in	in	ADP
taxlaw-2799	324	41	deepening	deepen	VERB
taxlaw-2799	324	42	the	the	DET
taxlaw-2799	324	43	financial	financial	ADJ
taxlaw-2799	324	44	crisis	crisis	NOUN
taxlaw-2799	324	45	of	of	ADP
taxlaw-2799	324	46	the	the	DET
taxlaw-2799	324	47	greek	greek	ADJ
taxlaw-2799	324	48	economy	economy	NOUN
taxlaw-2799	324	49	—	—	PUNCT
taxlaw-2799	324	50	has	have	AUX
taxlaw-2799	324	51	made	make	VERB
taxlaw-2799	324	52	these	these	DET
taxlaw-2799	324	53	once	once	ADV
taxlaw-2799	324	54	highly	highly	ADV
taxlaw-2799	324	55	exotic	exotic	ADJ
taxlaw-2799	324	56	and	and	CCONJ
taxlaw-2799	324	57	obscure	obscure	ADJ
taxlaw-2799	324	58	financial	financial	ADJ
taxlaw-2799	324	59	instruments	instrument	NOUN
taxlaw-2799	324	60	the	the	DET
taxlaw-2799	324	61	impetus	impetus	NOUN
taxlaw-2799	324	62	for	for	ADP
taxlaw-2799	324	63	reform	reform	NOUN
taxlaw-2799	324	64	of	of	ADP
taxlaw-2799	324	65	the	the	DET
taxlaw-2799	324	66	derivatives	derivative	NOUN
taxlaw-2799	324	67	markets	market	NOUN
taxlaw-2799	324	68	in	in	ADP
taxlaw-2799	324	69	the	the	DET
taxlaw-2799	324	70	united	united	PROPN
taxlaw-2799	324	71	states	states	PROPN
taxlaw-2799	324	72	and	and	CCONJ
taxlaw-2799	324	73	similar	similar	ADJ
taxlaw-2799	324	74	efforts	effort	NOUN
taxlaw-2799	324	75	in	in	ADP
taxlaw-2799	324	76	europe	europe	PROPN
taxlaw-2799	324	77	.	.	PUNCT
taxlaw-2799	325	1	second	second	ADJ
taxlaw-2799	325	2	,	,	PUNCT
taxlaw-2799	325	3	for	for	ADP
taxlaw-2799	325	4	those	those	DET
taxlaw-2799	325	5	same	same	ADJ
taxlaw-2799	325	6	reasons	reason	NOUN
taxlaw-2799	325	7	,	,	PUNCT
taxlaw-2799	325	8	when	when	SCONJ
taxlaw-2799	325	9	the	the	DET
taxlaw-2799	325	10	federal	federal	PROPN
taxlaw-2799	325	11	reserve	reserve	PROPN
taxlaw-2799	325	12	bank	bank	PROPN
taxlaw-2799	325	13	of	of	ADP
taxlaw-2799	325	14	new	new	PROPN
taxlaw-2799	325	15	york	york	PROPN
taxlaw-2799	325	16	(	(	PUNCT
taxlaw-2799	325	17	the	the	DET
taxlaw-2799	325	18	“	"	PUNCT
taxlaw-2799	325	19	fed	fed	PROPN
taxlaw-2799	325	20	”	"	PUNCT
taxlaw-2799	325	21	)	)	PUNCT
taxlaw-2799	325	22	determined	determine	VERB
taxlaw-2799	325	23	that	that	SCONJ
taxlaw-2799	325	24	reform	reform	NOUN
taxlaw-2799	325	25	of	of	ADP
taxlaw-2799	325	26	the	the	DET
taxlaw-2799	325	27	u.s	u.s	PROPN
taxlaw-2799	325	28	.	.	PROPN
taxlaw-2799	325	29	derivatives	derivative	NOUN
taxlaw-2799	325	30	markets	market	NOUN
taxlaw-2799	325	31	should	should	AUX
taxlaw-2799	325	32	move	move	VERB
taxlaw-2799	325	33	forward	forward	ADV
taxlaw-2799	325	34	without	without	ADP
taxlaw-2799	325	35	waiting	wait	VERB
taxlaw-2799	325	36	for	for	ADP
taxlaw-2799	325	37	legislation	legislation	NOUN
taxlaw-2799	325	38	,	,	PUNCT
taxlaw-2799	325	39	it	it	PRON
taxlaw-2799	325	40	encouraged	encourage	VERB
taxlaw-2799	325	41	swap	swap	NOUN
taxlaw-2799	325	42	dealers	dealer	NOUN
taxlaw-2799	325	43	to	to	PART
taxlaw-2799	325	44	start	start	VERB
taxlaw-2799	325	45	by	by	ADP
taxlaw-2799	325	46	clearing	clear	VERB
taxlaw-2799	325	47	cds.26	cds.26	NOUN
taxlaw-2799	325	48	the	the	DET
taxlaw-2799	325	49	23	23	NUM
taxlaw-2799	325	50	see	see	NOUN
taxlaw-2799	325	51	treas	treas	PROPN
taxlaw-2799	325	52	.	.	PUNCT
taxlaw-2799	326	1	reg	reg	PROPN
taxlaw-2799	326	2	.	.	PUNCT
taxlaw-2799	327	1	§	§	PROPN
taxlaw-2799	327	2	1.263(a)-4(d)(2)(i)(c)(7	1.263(a)-4(d)(2)(i)(c)(7	NUM
taxlaw-2799	327	3	)	)	PUNCT
taxlaw-2799	327	4	(	(	PUNCT
taxlaw-2799	327	5	2004	2004	NUM
taxlaw-2799	327	6	)	)	PUNCT
taxlaw-2799	327	7	;	;	PUNCT
taxlaw-2799	327	8	rev	rev	PROPN
taxlaw-2799	327	9	.	.	PROPN
taxlaw-2799	328	1	rul	rul	PROPN
taxlaw-2799	328	2	.	.	PUNCT
taxlaw-2799	329	1	58	58	NUM
taxlaw-2799	329	2	-	-	SYM
taxlaw-2799	329	3	234	234	NUM
taxlaw-2799	329	4	,	,	PUNCT
taxlaw-2799	329	5	1958	1958	NUM
taxlaw-2799	329	6	-	-	SYM
taxlaw-2799	329	7	1	1	NUM
taxlaw-2799	329	8	c.b	c.b	PROPN
taxlaw-2799	329	9	.	.	PROPN
taxlaw-2799	329	10	279	279	NUM
taxlaw-2799	329	11	;	;	PUNCT
taxlaw-2799	329	12	rev	rev	X
taxlaw-2799	329	13	.	.	PROPN
taxlaw-2799	329	14	rul	rul	NOUN
taxlaw-2799	329	15	.	.	PUNCT
taxlaw-2799	330	1	78	78	NUM
taxlaw-2799	330	2	-	-	SYM
taxlaw-2799	330	3	182	182	NUM
taxlaw-2799	330	4	,	,	PUNCT
taxlaw-2799	330	5	1978	1978	NUM
taxlaw-2799	330	6	-	-	SYM
taxlaw-2799	330	7	1	1	NUM
taxlaw-2799	330	8	c.b	c.b	PROPN
taxlaw-2799	330	9	.	.	PROPN
taxlaw-2799	330	10	265	265	NUM
taxlaw-2799	330	11	.	.	PUNCT
taxlaw-2799	331	1	24	24	NUM
taxlaw-2799	331	2	i.r.c	i.r.c	NOUN
taxlaw-2799	331	3	.	.	PUNCT
taxlaw-2799	332	1	§	§	PROPN
taxlaw-2799	332	2	1234(a	1234(a	NUM
taxlaw-2799	332	3	)	)	PUNCT
taxlaw-2799	332	4	(	(	PUNCT
taxlaw-2799	332	5	2010	2010	NUM
taxlaw-2799	332	6	)	)	PUNCT
taxlaw-2799	332	7	.	.	PUNCT
taxlaw-2799	333	1	25	25	NUM
taxlaw-2799	333	2	i.r.c	i.r.c	NOUN
taxlaw-2799	333	3	.	.	PUNCT
taxlaw-2799	334	1	§	§	PROPN
taxlaw-2799	334	2	1234(b	1234(b	NUM
taxlaw-2799	334	3	)	)	PUNCT
taxlaw-2799	334	4	(	(	PUNCT
taxlaw-2799	334	5	2010	2010	NUM
taxlaw-2799	334	6	)	)	PUNCT
taxlaw-2799	334	7	.	.	PUNCT
taxlaw-2799	335	1	26	26	NUM
taxlaw-2799	336	1	the	the	DET
taxlaw-2799	336	2	second	second	ADJ
taxlaw-2799	336	3	financial	financial	ADJ
taxlaw-2799	336	4	product	product	NOUN
taxlaw-2799	336	5	to	to	PART
taxlaw-2799	336	6	attract	attract	VERB
taxlaw-2799	336	7	regulatory	regulatory	ADJ
taxlaw-2799	336	8	attention	attention	NOUN
taxlaw-2799	336	9	was	be	AUX
taxlaw-2799	336	10	interest	interest	NOUN
taxlaw-2799	336	11	rate	rate	NOUN
taxlaw-2799	336	12	swaps	swap	NOUN
taxlaw-2799	336	13	.	.	PUNCT
taxlaw-2799	337	1	see	see	VERB
taxlaw-2799	337	2	scott	scott	PROPN
taxlaw-2799	337	3	patterson	patterson	PROPN
taxlaw-2799	337	4	,	,	PUNCT
taxlaw-2799	337	5	fannie	fannie	PROPN
taxlaw-2799	337	6	,	,	PUNCT
taxlaw-2799	337	7	freddie	freddie	PROPN
taxlaw-2799	337	8	touch	touch	VERB
taxlaw-2799	337	9	off	off	ADP
taxlaw-2799	337	10	swaps	swap	NOUN
taxlaw-2799	337	11	scrap	scrap	NOUN
taxlaw-2799	337	12	,	,	PUNCT
taxlaw-2799	337	13	wall	wall	PROPN
taxlaw-2799	337	14	st	st	PROPN
taxlaw-2799	337	15	.	.	PROPN
taxlaw-2799	337	16	j.	j.	PROPN
taxlaw-2799	337	17	,	,	PUNCT
taxlaw-2799	337	18	apr	apr	PROPN
taxlaw-2799	337	19	.	.	PROPN
taxlaw-2799	337	20	6	6	NUM
taxlaw-2799	337	21	,	,	PUNCT
taxlaw-2799	337	22	2010	2010	NUM
taxlaw-2799	337	23	,	,	PUNCT
taxlaw-2799	337	24	at	at	ADP
taxlaw-2799	337	25	c1	c1	NOUN
taxlaw-2799	337	26	,	,	PUNCT
taxlaw-2799	337	27	available	available	ADJ
taxlaw-2799	337	28	at	at	ADP
taxlaw-2799	337	29	http://online.wsj.com/article/sb10001424052702304620304575166292806663502.html	http://online.wsj.com/article/sb10001424052702304620304575166292806663502.html	PROPN
taxlaw-2799	337	30	(	(	PUNCT
taxlaw-2799	337	31	reporting	report	VERB
taxlaw-2799	337	32	that	that	SCONJ
taxlaw-2799	337	33	the	the	DET
taxlaw-2799	337	34	federal	federal	ADJ
taxlaw-2799	337	35	housing	housing	PROPN
taxlaw-2799	337	36	finance	finance	PROPN
taxlaw-2799	337	37	agency	agency	NOUN
taxlaw-2799	337	38	expects	expect	VERB
taxlaw-2799	337	39	fannie	fannie	PROPN
taxlaw-2799	337	40	mae	mae	PROPN
taxlaw-2799	337	41	and	and	CCONJ
taxlaw-2799	337	42	freddie	freddie	PROPN
taxlaw-2799	337	43	mac	mac	PROPN
taxlaw-2799	337	44	to	to	PART
taxlaw-2799	337	45	start	start	VERB
taxlaw-2799	337	46	clearing	clear	VERB
taxlaw-2799	337	47	their	their	PRON
taxlaw-2799	337	48	interest	interest	NOUN
taxlaw-2799	337	49	rate	rate	NOUN
taxlaw-2799	337	50	swaps	swap	NOUN
taxlaw-2799	337	51	by	by	ADP
taxlaw-2799	337	52	year	year	NOUN
taxlaw-2799	337	53	-	-	PUNCT
taxlaw-2799	337	54	end	end	NOUN
taxlaw-2799	337	55	,	,	PUNCT
taxlaw-2799	337	56	regardless	regardless	ADV
taxlaw-2799	337	57	of	of	ADP
taxlaw-2799	337	58	whether	whether	SCONJ
taxlaw-2799	337	59	congress	congress	PROPN
taxlaw-2799	337	60	adopts	adopt	VERB
taxlaw-2799	337	61	financial	financial	ADJ
taxlaw-2799	337	62	reform	reform	NOUN
taxlaw-2799	337	63	legislation	legislation	NOUN
taxlaw-2799	337	64	,	,	PUNCT
taxlaw-2799	337	65	and	and	CCONJ
taxlaw-2799	337	66	that	that	SCONJ
taxlaw-2799	337	67	several	several	ADJ
taxlaw-2799	337	68	exchanges	exchange	NOUN
taxlaw-2799	337	69	are	be	AUX
taxlaw-2799	337	70	seeking	seek	VERB
taxlaw-2799	337	71	that	that	DET
taxlaw-2799	337	72	business	business	NOUN
taxlaw-2799	337	73	)	)	PUNCT
taxlaw-2799	337	74	.	.	PUNCT
taxlaw-2799	338	1	2011	2011	NUM
taxlaw-2799	338	2	]	]	PUNCT
taxlaw-2799	338	3	ew	ew	AUX
taxlaw-2799	338	4	tax	tax	NOUN
taxlaw-2799	338	5	issues	issue	NOUN
taxlaw-2799	338	6	arisi	arisi	VERB
taxlaw-2799	338	7	g	g	PROPN
taxlaw-2799	338	8	from	from	ADP
taxlaw-2799	338	9	the	the	DET
taxlaw-2799	338	10	dodd	dodd	NOUN
taxlaw-2799	338	11	-	-	PUNCT
taxlaw-2799	338	12	fra	fra	PROPN
taxlaw-2799	338	13	k	k	PROPN
taxlaw-2799	338	14	act	act	PROPN
taxlaw-2799	338	15	17	17	NUM
taxlaw-2799	338	16	resulting	result	VERB
taxlaw-2799	338	17	changes	change	NOUN
taxlaw-2799	338	18	to	to	ADP
taxlaw-2799	338	19	market	market	NOUN
taxlaw-2799	338	20	practice	practice	NOUN
taxlaw-2799	338	21	in	in	ADP
taxlaw-2799	338	22	the	the	DET
taxlaw-2799	338	23	cds	cds	NOUN
taxlaw-2799	338	24	market	market	NOUN
taxlaw-2799	338	25	and	and	CCONJ
taxlaw-2799	338	26	the	the	DET
taxlaw-2799	338	27	tax	tax	NOUN
taxlaw-2799	338	28	issues	issue	NOUN
taxlaw-2799	338	29	that	that	PRON
taxlaw-2799	338	30	arose	arise	VERB
taxlaw-2799	338	31	as	as	ADP
taxlaw-2799	338	32	a	a	DET
taxlaw-2799	338	33	byproduct	byproduct	NOUN
taxlaw-2799	338	34	of	of	ADP
taxlaw-2799	338	35	these	these	DET
taxlaw-2799	338	36	changes	change	NOUN
taxlaw-2799	338	37	provide	provide	VERB
taxlaw-2799	338	38	insight	insight	NOUN
taxlaw-2799	338	39	into	into	ADP
taxlaw-2799	338	40	the	the	DET
taxlaw-2799	338	41	path	path	NOUN
taxlaw-2799	338	42	ahead	ahead	ADV
taxlaw-2799	338	43	.	.	PUNCT
taxlaw-2799	339	1	for	for	ADP
taxlaw-2799	339	2	those	those	DET
taxlaw-2799	339	3	same	same	ADJ
taxlaw-2799	339	4	reasons	reason	NOUN
taxlaw-2799	339	5	,	,	PUNCT
taxlaw-2799	339	6	perhaps	perhaps	ADV
taxlaw-2799	339	7	,	,	PUNCT
taxlaw-2799	339	8	there	there	PRON
taxlaw-2799	339	9	is	be	VERB
taxlaw-2799	339	10	reportedly	reportedly	ADV
taxlaw-2799	339	11	now	now	ADV
taxlaw-2799	339	12	a	a	DET
taxlaw-2799	339	13	renewed	renew	VERB
taxlaw-2799	339	14	interest	interest	NOUN
taxlaw-2799	339	15	by	by	ADP
taxlaw-2799	339	16	the	the	DET
taxlaw-2799	339	17	treasury	treasury	NOUN
taxlaw-2799	339	18	and	and	CCONJ
taxlaw-2799	339	19	service	service	NOUN
taxlaw-2799	339	20	in	in	ADP
taxlaw-2799	339	21	addressing	address	VERB
taxlaw-2799	339	22	long	long	ADV
taxlaw-2799	339	23	-	-	PUNCT
taxlaw-2799	339	24	standing	stand	VERB
taxlaw-2799	339	25	questions	question	NOUN
taxlaw-2799	339	26	about	about	ADP
taxlaw-2799	339	27	the	the	DET
taxlaw-2799	339	28	tax	tax	NOUN
taxlaw-2799	339	29	treatment	treatment	NOUN
taxlaw-2799	339	30	of	of	ADP
taxlaw-2799	339	31	cds	cd	NOUN
taxlaw-2799	339	32	.	.	PUNCT
taxlaw-2799	340	1	the	the	DET
taxlaw-2799	340	2	tax	tax	NOUN
taxlaw-2799	340	3	rules	rule	NOUN
taxlaw-2799	340	4	applicable	applicable	ADJ
taxlaw-2799	340	5	to	to	ADP
taxlaw-2799	340	6	cds	cd	NOUN
taxlaw-2799	340	7	are	be	AUX
taxlaw-2799	340	8	unclear	unclear	ADJ
taxlaw-2799	340	9	,	,	PUNCT
taxlaw-2799	340	10	primarily	primarily	ADV
taxlaw-2799	340	11	because	because	SCONJ
taxlaw-2799	340	12	the	the	DET
taxlaw-2799	340	13	proper	proper	ADJ
taxlaw-2799	340	14	characterization	characterization	NOUN
taxlaw-2799	340	15	of	of	ADP
taxlaw-2799	340	16	cds	cd	NOUN
taxlaw-2799	340	17	for	for	ADP
taxlaw-2799	340	18	u.s	u.s	PROPN
taxlaw-2799	340	19	.	.	PROPN
taxlaw-2799	340	20	federal	federal	ADJ
taxlaw-2799	340	21	income	income	NOUN
taxlaw-2799	340	22	tax	tax	NOUN
taxlaw-2799	340	23	purposes	purpose	NOUN
taxlaw-2799	340	24	is	be	AUX
taxlaw-2799	340	25	unclear	unclear	ADJ
taxlaw-2799	340	26	.	.	PUNCT
taxlaw-2799	341	1	the	the	DET
taxlaw-2799	341	2	service	service	NOUN
taxlaw-2799	341	3	officially	officially	ADV
taxlaw-2799	341	4	acknowledged	acknowledge	VERB
taxlaw-2799	341	5	this	this	DET
taxlaw-2799	341	6	uncertainty	uncertainty	NOUN
taxlaw-2799	341	7	in	in	ADP
taxlaw-2799	341	8	notice	notice	NOUN
taxlaw-2799	341	9	2004	2004	NUM
taxlaw-2799	341	10	-	-	SYM
taxlaw-2799	341	11	52.27	52.27	NUM
taxlaw-2799	341	12	notice	notice	NOUN
taxlaw-2799	341	13	2004	2004	NUM
taxlaw-2799	341	14	-	-	SYM
taxlaw-2799	341	15	52	52	NUM
taxlaw-2799	341	16	describes	describe	VERB
taxlaw-2799	341	17	four	four	NUM
taxlaw-2799	341	18	possible	possible	ADJ
taxlaw-2799	341	19	characterizations	characterization	NOUN
taxlaw-2799	341	20	of	of	ADP
taxlaw-2799	341	21	cds	cd	NOUN
taxlaw-2799	341	22	:	:	PUNCT
taxlaw-2799	341	23	as	as	ADP
taxlaw-2799	341	24	notional	notional	ADJ
taxlaw-2799	341	25	principal	principal	ADJ
taxlaw-2799	341	26	contracts	contract	NOUN
taxlaw-2799	341	27	(	(	PUNCT
taxlaw-2799	341	28	“	"	PUNCT
taxlaw-2799	341	29	npcs	npc	NOUN
taxlaw-2799	341	30	”	"	PUNCT
taxlaw-2799	341	31	)	)	PUNCT
taxlaw-2799	341	32	,	,	PUNCT
taxlaw-2799	341	33	options	option	NOUN
taxlaw-2799	341	34	,	,	PUNCT
taxlaw-2799	341	35	or	or	CCONJ
taxlaw-2799	341	36	in	in	ADP
taxlaw-2799	341	37	some	some	DET
taxlaw-2799	341	38	cases	case	NOUN
taxlaw-2799	341	39	as	as	ADP
taxlaw-2799	341	40	insurance	insurance	NOUN
taxlaw-2799	341	41	or	or	CCONJ
taxlaw-2799	341	42	guarantees	guarantee	NOUN
taxlaw-2799	341	43	.	.	PUNCT
taxlaw-2799	342	1	there	there	PRON
taxlaw-2799	342	2	are	be	VERB
taxlaw-2799	342	3	many	many	ADJ
taxlaw-2799	342	4	thoughtful	thoughtful	ADJ
taxlaw-2799	342	5	and	and	CCONJ
taxlaw-2799	342	6	insightful	insightful	ADJ
taxlaw-2799	342	7	comments	comment	NOUN
taxlaw-2799	342	8	and	and	CCONJ
taxlaw-2799	342	9	articles	article	NOUN
taxlaw-2799	342	10	on	on	ADP
taxlaw-2799	342	11	the	the	DET
taxlaw-2799	342	12	characterization	characterization	NOUN
taxlaw-2799	342	13	question	question	NOUN
taxlaw-2799	342	14	,	,	PUNCT
taxlaw-2799	342	15	both	both	PRON
taxlaw-2799	342	16	predating	predate	VERB
taxlaw-2799	342	17	and	and	CCONJ
taxlaw-2799	342	18	following	follow	VERB
taxlaw-2799	342	19	the	the	DET
taxlaw-2799	342	20	notice.28	notice.28	NOUN
taxlaw-2799	342	21	it	it	PRON
taxlaw-2799	342	22	is	be	AUX
taxlaw-2799	342	23	fair	fair	ADJ
taxlaw-2799	342	24	to	to	PART
taxlaw-2799	342	25	say	say	VERB
taxlaw-2799	342	26	that	that	SCONJ
taxlaw-2799	342	27	the	the	DET
taxlaw-2799	342	28	ball	ball	NOUN
taxlaw-2799	342	29	has	have	AUX
taxlaw-2799	342	30	been	be	AUX
taxlaw-2799	342	31	in	in	ADP
taxlaw-2799	342	32	the	the	DET
taxlaw-2799	342	33	27	27	NUM
taxlaw-2799	342	34	i.r.s	i.r.	NOUN
taxlaw-2799	342	35	.	.	PUNCT
taxlaw-2799	343	1	notice	notice	VERB
taxlaw-2799	343	2	2004	2004	NUM
taxlaw-2799	343	3	-	-	SYM
taxlaw-2799	343	4	52	52	NUM
taxlaw-2799	343	5	,	,	PUNCT
taxlaw-2799	343	6	2004	2004	NUM
taxlaw-2799	343	7	-	-	SYM
taxlaw-2799	343	8	2	2	NUM
taxlaw-2799	343	9	c.b	c.b	PROPN
taxlaw-2799	343	10	.	.	PROPN
taxlaw-2799	343	11	168	168	NUM
taxlaw-2799	343	12	.	.	PUNCT
taxlaw-2799	344	1	28	28	NUM
taxlaw-2799	344	2	articles	article	NOUN
taxlaw-2799	344	3	discussing	discuss	VERB
taxlaw-2799	344	4	the	the	DET
taxlaw-2799	344	5	tax	tax	NOUN
taxlaw-2799	344	6	considerations	consideration	NOUN
taxlaw-2799	344	7	relevant	relevant	ADJ
taxlaw-2799	344	8	to	to	ADP
taxlaw-2799	344	9	credit	credit	NOUN
taxlaw-2799	344	10	default	default	NOUN
taxlaw-2799	344	11	swaps	swap	NOUN
taxlaw-2799	344	12	include	include	VERB
taxlaw-2799	344	13	john	john	PROPN
taxlaw-2799	344	14	n.	n.	PROPN
taxlaw-2799	344	15	bush	bush	PROPN
taxlaw-2799	344	16	&	&	CCONJ
taxlaw-2799	344	17	ahron	ahron	PROPN
taxlaw-2799	344	18	h.	h.	PROPN
taxlaw-2799	344	19	haspel	haspel	PROPN
taxlaw-2799	344	20	,	,	PUNCT
taxlaw-2799	344	21	deciphering	decipher	VERB
taxlaw-2799	344	22	the	the	DET
taxlaw-2799	344	23	taxation	taxation	NOUN
taxlaw-2799	344	24	of	of	ADP
taxlaw-2799	344	25	credit	credit	NOUN
taxlaw-2799	344	26	derivatives	derivative	NOUN
taxlaw-2799	344	27	,	,	PUNCT
taxlaw-2799	344	28	14	14	NUM
taxlaw-2799	344	29	j.	j.	PROPN
taxlaw-2799	344	30	tax’n	tax’n	PROPN
taxlaw-2799	344	31	investments	investment	NOUN
taxlaw-2799	344	32	33	33	NUM
taxlaw-2799	344	33	(	(	PUNCT
taxlaw-2799	344	34	1996	1996	NUM
taxlaw-2799	344	35	)	)	PUNCT
taxlaw-2799	344	36	;	;	PUNCT
taxlaw-2799	344	37	bruce	bruce	PROPN
taxlaw-2799	344	38	kayle	kayle	PROPN
taxlaw-2799	344	39	,	,	PUNCT
taxlaw-2799	344	40	will	will	AUX
taxlaw-2799	344	41	the	the	DET
taxlaw-2799	344	42	real	real	ADJ
taxlaw-2799	344	43	lender	lender	NOUN
taxlaw-2799	344	44	please	please	INTJ
taxlaw-2799	344	45	stand	stand	VERB
taxlaw-2799	344	46	up	up	ADP
taxlaw-2799	344	47	:	:	PUNCT
taxlaw-2799	344	48	the	the	DET
taxlaw-2799	344	49	federal	federal	ADJ
taxlaw-2799	344	50	income	income	NOUN
taxlaw-2799	344	51	tax	tax	NOUN
taxlaw-2799	344	52	treatment	treatment	NOUN
taxlaw-2799	344	53	of	of	ADP
taxlaw-2799	344	54	credit	credit	NOUN
taxlaw-2799	344	55	derivative	derivative	ADJ
taxlaw-2799	344	56	transactions	transaction	NOUN
taxlaw-2799	344	57	,	,	PUNCT
taxlaw-2799	344	58	50	50	NUM
taxlaw-2799	344	59	tax	tax	NOUN
taxlaw-2799	344	60	law	law	NOUN
taxlaw-2799	344	61	.	.	PUNCT
taxlaw-2799	345	1	568	568	NUM
taxlaw-2799	345	2	(	(	PUNCT
taxlaw-2799	345	3	1997	1997	NUM
taxlaw-2799	345	4	)	)	PUNCT
taxlaw-2799	345	5	;	;	PUNCT
taxlaw-2799	345	6	david	david	PROPN
taxlaw-2799	345	7	z.	z.	PROPN
taxlaw-2799	345	8	nirenberg	nirenberg	PROPN
taxlaw-2799	345	9	&	&	CCONJ
taxlaw-2799	345	10	steven	steven	PROPN
taxlaw-2799	345	11	l.	l.	PROPN
taxlaw-2799	345	12	kopp	kopp	PROPN
taxlaw-2799	345	13	,	,	PUNCT
taxlaw-2799	345	14	credit	credit	NOUN
taxlaw-2799	345	15	derivatives	derivative	NOUN
taxlaw-2799	345	16	:	:	PUNCT
taxlaw-2799	345	17	tax	tax	NOUN
taxlaw-2799	345	18	treatment	treatment	NOUN
taxlaw-2799	345	19	of	of	ADP
taxlaw-2799	345	20	total	total	ADJ
taxlaw-2799	345	21	return	return	NOUN
taxlaw-2799	345	22	swaps	swap	NOUN
taxlaw-2799	345	23	,	,	PUNCT
taxlaw-2799	345	24	default	default	NOUN
taxlaw-2799	345	25	swaps	swap	NOUN
taxlaw-2799	345	26	,	,	PUNCT
taxlaw-2799	345	27	and	and	CCONJ
taxlaw-2799	345	28	credit	credit	NOUN
taxlaw-2799	345	29	-	-	PUNCT
taxlaw-2799	345	30	linked	link	VERB
taxlaw-2799	345	31	otes	ote	NOUN
taxlaw-2799	345	32	,	,	PUNCT
taxlaw-2799	345	33	87	87	NUM
taxlaw-2799	345	34	j.	j.	PROPN
taxlaw-2799	345	35	tax’n	tax’n	PROPN
taxlaw-2799	345	36	82	82	NUM
taxlaw-2799	345	37	(	(	PUNCT
taxlaw-2799	345	38	1997	1997	NUM
taxlaw-2799	345	39	)	)	PUNCT
taxlaw-2799	345	40	;	;	PUNCT
taxlaw-2799	345	41	steven	steven	PROPN
taxlaw-2799	345	42	d.	d.	PROPN
taxlaw-2799	345	43	conlon	conlon	PROPN
taxlaw-2799	345	44	,	,	PUNCT
taxlaw-2799	345	45	u.s	u.s	PROPN
taxlaw-2799	345	46	.	.	PROPN
taxlaw-2799	345	47	tax	tax	NOUN
taxlaw-2799	345	48	issues	issue	NOUN
taxlaw-2799	345	49	relating	relate	VERB
taxlaw-2799	345	50	to	to	ADP
taxlaw-2799	345	51	credit	credit	NOUN
taxlaw-2799	345	52	derivatives	derivative	NOUN
taxlaw-2799	345	53	,	,	PUNCT
taxlaw-2799	345	54	derivatives	derivative	NOUN
taxlaw-2799	345	55	203	203	NUM
taxlaw-2799	345	56	(	(	PUNCT
taxlaw-2799	345	57	may	may	PROPN
taxlaw-2799	345	58	/	/	SYM
taxlaw-2799	345	59	june	june	PROPN
taxlaw-2799	345	60	1998	1998	NUM
taxlaw-2799	345	61	)	)	PUNCT
taxlaw-2799	345	62	;	;	PUNCT
taxlaw-2799	345	63	david	david	PROPN
taxlaw-2799	345	64	s.	s.	PROPN
taxlaw-2799	345	65	miller	miller	PROPN
taxlaw-2799	345	66	,	,	PUNCT
taxlaw-2799	345	67	an	an	DET
taxlaw-2799	345	68	overview	overview	NOUN
taxlaw-2799	345	69	of	of	ADP
taxlaw-2799	345	70	the	the	DET
taxlaw-2799	345	71	taxation	taxation	NOUN
taxlaw-2799	345	72	of	of	ADP
taxlaw-2799	345	73	credit	credit	NOUN
taxlaw-2799	345	74	derivatives	derivative	NOUN
taxlaw-2799	345	75	,	,	PUNCT
taxlaw-2799	345	76	in	in	ADP
taxlaw-2799	345	77	13	13	NUM
taxlaw-2799	345	78	tax	tax	NOUN
taxlaw-2799	345	79	strategies	strategy	NOUN
taxlaw-2799	345	80	for	for	ADP
taxlaw-2799	345	81	corporate	corporate	ADJ
taxlaw-2799	345	82	acquisitions	acquisition	NOUN
taxlaw-2799	345	83	,	,	PUNCT
taxlaw-2799	345	84	spin	spin	NOUN
taxlaw-2799	345	85	-	-	PUNCT
taxlaw-2799	345	86	offs	off	NOUN
taxlaw-2799	345	87	,	,	PUNCT
taxlaw-2799	345	88	joint	joint	ADJ
taxlaw-2799	345	89	ventures	venture	NOUN
taxlaw-2799	345	90	.	.	PUNCT
taxlaw-2799	346	1	financings	financing	NOUN
taxlaw-2799	346	2	,	,	PUNCT
taxlaw-2799	346	3	and	and	CCONJ
taxlaw-2799	346	4	reorganizations	reorganization	NOUN
taxlaw-2799	346	5	ch	ch	PROPN
taxlaw-2799	346	6	.	.	PROPN
taxlaw-2799	346	7	229	229	NUM
taxlaw-2799	346	8	(	(	PUNCT
taxlaw-2799	346	9	practising	practise	VERB
taxlaw-2799	346	10	law	law	PROPN
taxlaw-2799	346	11	institute	institute	NOUN
taxlaw-2799	346	12	1999	1999	NUM
taxlaw-2799	346	13	)	)	PUNCT
taxlaw-2799	346	14	;	;	PUNCT
taxlaw-2799	346	15	viva	viva	PROPN
taxlaw-2799	346	16	hammer	hammer	PROPN
taxlaw-2799	346	17	&	&	CCONJ
taxlaw-2799	346	18	frank	frank	PROPN
taxlaw-2799	346	19	kuriakuz	kuriakuz	PROPN
taxlaw-2799	346	20	,	,	PUNCT
taxlaw-2799	346	21	the	the	DET
taxlaw-2799	346	22	tax	tax	NOUN
taxlaw-2799	346	23	treatment	treatment	NOUN
taxlaw-2799	346	24	of	of	ADP
taxlaw-2799	346	25	credit	credit	NOUN
taxlaw-2799	346	26	default	default	NOUN
taxlaw-2799	346	27	swap	swap	NOUN
taxlaw-2799	346	28	proceeds	proceed	NOUN
taxlaw-2799	346	29	,	,	PUNCT
taxlaw-2799	346	30	1	1	NUM
taxlaw-2799	346	31	derivatives	derivative	NOUN
taxlaw-2799	346	32	&	&	CCONJ
taxlaw-2799	346	33	fin	fin	NOUN
taxlaw-2799	346	34	.	.	PUNCT
taxlaw-2799	346	35	instruments	instrument	NOUN
taxlaw-2799	346	36	,	,	PUNCT
taxlaw-2799	346	37	july	july	PROPN
taxlaw-2799	346	38	/	/	SYM
taxlaw-2799	346	39	august	august	PROPN
taxlaw-2799	346	40	1999	1999	NUM
taxlaw-2799	346	41	,	,	PUNCT
taxlaw-2799	346	42	at	at	ADP
taxlaw-2799	346	43	210	210	NUM
taxlaw-2799	346	44	;	;	PUNCT
taxlaw-2799	346	45	david	david	PROPN
taxlaw-2799	346	46	s.	s.	PROPN
taxlaw-2799	346	47	miller	miller	PROPN
taxlaw-2799	346	48	,	,	PUNCT
taxlaw-2799	346	49	credit	credit	NOUN
taxlaw-2799	346	50	derivatives	derivative	NOUN
taxlaw-2799	346	51	:	:	PUNCT
taxlaw-2799	346	52	financial	financial	ADJ
taxlaw-2799	346	53	instrument	instrument	NOUN
taxlaw-2799	346	54	or	or	CCONJ
taxlaw-2799	346	55	insurance	insurance	NOUN
taxlaw-2799	346	56	?	?	PUNCT
taxlaw-2799	347	1	and	and	CCONJ
taxlaw-2799	347	2	why	why	SCONJ
taxlaw-2799	347	3	it	it	PRON
taxlaw-2799	347	4	matters	matter	VERB
taxlaw-2799	347	5	,	,	PUNCT
taxlaw-2799	347	6	3	3	NUM
taxlaw-2799	347	7	j.	j.	PROPN
taxlaw-2799	347	8	tax’n	tax’n	NUM
taxlaw-2799	347	9	fin	fin	NOUN
taxlaw-2799	347	10	.	.	PUNCT
taxlaw-2799	348	1	products	product	NOUN
taxlaw-2799	348	2	31	31	NUM
taxlaw-2799	348	3	(	(	PUNCT
taxlaw-2799	348	4	winter	winter	NOUN
taxlaw-2799	348	5	2002	2002	NUM
taxlaw-2799	348	6	)	)	PUNCT
taxlaw-2799	348	7	;	;	PUNCT
taxlaw-2799	348	8	david	david	PROPN
taxlaw-2799	348	9	s.	s.	PROPN
taxlaw-2799	348	10	miller	miller	PROPN
taxlaw-2799	348	11	,	,	PUNCT
taxlaw-2799	348	12	distinguishing	distinguish	VERB
taxlaw-2799	348	13	risk	risk	NOUN
taxlaw-2799	348	14	:	:	PUNCT
taxlaw-2799	348	15	the	the	DET
taxlaw-2799	348	16	disparate	disparate	ADJ
taxlaw-2799	348	17	treatment	treatment	NOUN
taxlaw-2799	348	18	of	of	ADP
taxlaw-2799	348	19	insurance	insurance	NOUN
taxlaw-2799	348	20	and	and	CCONJ
taxlaw-2799	348	21	financial	financial	ADJ
taxlaw-2799	348	22	contracts	contract	NOUN
taxlaw-2799	348	23	in	in	ADP
taxlaw-2799	348	24	a	a	DET
taxlaw-2799	348	25	converging	converge	VERB
taxlaw-2799	348	26	marketplace	marketplace	NOUN
taxlaw-2799	348	27	,	,	PUNCT
taxlaw-2799	348	28	55	55	NUM
taxlaw-2799	348	29	tax	tax	NOUN
taxlaw-2799	348	30	law	law	NOUN
taxlaw-2799	348	31	.	.	PUNCT
taxlaw-2799	349	1	481	481	NUM
taxlaw-2799	349	2	(	(	PUNCT
taxlaw-2799	349	3	winter	winter	NOUN
taxlaw-2799	349	4	2002	2002	NUM
taxlaw-2799	349	5	)	)	PUNCT
taxlaw-2799	349	6	;	;	PUNCT
taxlaw-2799	349	7	edward	edward	PROPN
taxlaw-2799	349	8	d.	d.	PROPN
taxlaw-2799	349	9	kleinbard	kleinbard	PROPN
taxlaw-2799	349	10	,	,	PUNCT
taxlaw-2799	349	11	competitive	competitive	ADJ
taxlaw-2799	349	12	convergence	convergence	NOUN
taxlaw-2799	349	13	in	in	ADP
taxlaw-2799	349	14	the	the	DET
taxlaw-2799	349	15	financial	financial	ADJ
taxlaw-2799	349	16	services	service	NOUN
taxlaw-2799	349	17	markets	market	NOUN
taxlaw-2799	349	18	,	,	PUNCT
taxlaw-2799	349	19	81	81	NUM
taxlaw-2799	349	20	taxes	taxis	NOUN
taxlaw-2799	349	21	225	225	NUM
taxlaw-2799	349	22	(	(	PUNCT
taxlaw-2799	349	23	mar	mar	PROPN
taxlaw-2799	349	24	.	.	PROPN
taxlaw-2799	349	25	2003	2003	NUM
taxlaw-2799	349	26	)	)	PUNCT
taxlaw-2799	349	27	;	;	PUNCT
taxlaw-2799	349	28	erika	erika	PROPN
taxlaw-2799	349	29	w.	w.	PROPN
taxlaw-2799	349	30	nijenhuis	nijenhuis	PROPN
taxlaw-2799	349	31	,	,	PUNCT
taxlaw-2799	349	32	otice	otice	PROPN
taxlaw-2799	349	33	2004	2004	NUM
taxlaw-2799	349	34	-	-	SYM
taxlaw-2799	349	35	52	52	NUM
taxlaw-2799	349	36	—	—	PUNCT
taxlaw-2799	349	37	one	one	NUM
taxlaw-2799	349	38	small	small	ADJ
taxlaw-2799	349	39	step	step	NOUN
taxlaw-2799	349	40	forward	forward	ADV
taxlaw-2799	349	41	on	on	ADP
taxlaw-2799	349	42	credit	credit	NOUN
taxlaw-2799	349	43	default	default	NOUN
taxlaw-2799	349	44	swaps	swap	NOUN
taxlaw-2799	349	45	,	,	PUNCT
taxlaw-2799	349	46	104	104	NUM
taxlaw-2799	349	47	tax	tax	NOUN
taxlaw-2799	349	48	notes	note	NOUN
taxlaw-2799	349	49	1287	1287	NUM
taxlaw-2799	349	50	(	(	PUNCT
taxlaw-2799	349	51	2004	2004	NUM
taxlaw-2799	349	52	)	)	PUNCT
taxlaw-2799	349	53	;	;	PUNCT
taxlaw-2799	349	54	bruce	bruce	PROPN
taxlaw-2799	349	55	e.	e.	PROPN
taxlaw-2799	349	56	kayle	kayle	PROPN
taxlaw-2799	349	57	,	,	PUNCT
taxlaw-2799	349	58	the	the	DET
taxlaw-2799	349	59	federal	federal	ADJ
taxlaw-2799	349	60	income	income	NOUN
taxlaw-2799	349	61	tax	tax	NOUN
taxlaw-2799	349	62	treatment	treatment	NOUN
taxlaw-2799	349	63	of	of	ADP
taxlaw-2799	349	64	credit	credit	NOUN
taxlaw-2799	349	65	derivative	derivative	ADJ
taxlaw-2799	349	66	transactions	transaction	NOUN
taxlaw-2799	349	67	,	,	PUNCT
taxlaw-2799	349	68	21	21	NUM
taxlaw-2799	349	69	tax	tax	NOUN
taxlaw-2799	349	70	strategies	strategy	NOUN
taxlaw-2799	349	71	for	for	ADP
taxlaw-2799	349	72	corporate	corporate	ADJ
taxlaw-2799	349	73	acquisitions	acquisition	NOUN
taxlaw-2799	349	74	,	,	PUNCT
taxlaw-2799	349	75	spinoffs	spinoff	NOUN
taxlaw-2799	349	76	,	,	PUNCT
taxlaw-2799	349	77	joint	joint	ADJ
taxlaw-2799	349	78	ventures	venture	NOUN
taxlaw-2799	349	79	,	,	PUNCT
taxlaw-2799	349	80	financings	financing	NOUN
taxlaw-2799	349	81	,	,	PUNCT
taxlaw-2799	349	82	and	and	CCONJ
taxlaw-2799	349	83	reorganizations	reorganization	NOUN
taxlaw-2799	349	84	ch	ch	NOUN
taxlaw-2799	349	85	.	.	PROPN
taxlaw-2799	349	86	429	429	NUM
taxlaw-2799	349	87	(	(	PUNCT
taxlaw-2799	349	88	practising	practise	VERB
taxlaw-2799	349	89	law	law	PROPN
taxlaw-2799	349	90	institute	institute	NOUN
taxlaw-2799	349	91	2004	2004	NUM
taxlaw-2799	349	92	)	)	PUNCT
taxlaw-2799	349	93	,	,	PUNCT
taxlaw-2799	349	94	reprinted	reprint	VERB
taxlaw-2799	349	95	in	in	ADP
taxlaw-2799	349	96	updated	update	VERB
taxlaw-2799	349	97	form	form	NOUN
taxlaw-2799	349	98	in	in	ADP
taxlaw-2799	349	99	22	22	NUM
taxlaw-2799	349	100	tax	tax	NOUN
taxlaw-2799	349	101	strategies	strategy	NOUN
taxlaw-2799	349	102	for	for	ADP
taxlaw-2799	349	103	corporate	corporate	ADJ
taxlaw-2799	349	104	acquisitions	acquisition	NOUN
taxlaw-2799	349	105	,	,	PUNCT
taxlaw-2799	349	106	spin	spin	NOUN
taxlaw-2799	349	107	-	-	PUNCT
taxlaw-2799	349	108	offs	off	NOUN
taxlaw-2799	349	109	,	,	PUNCT
taxlaw-2799	349	110	joint	joint	ADJ
taxlaw-2799	349	111	ventures	venture	NOUN
taxlaw-2799	349	112	,	,	PUNCT
taxlaw-2799	349	113	financings	financing	NOUN
taxlaw-2799	349	114	,	,	PUNCT
taxlaw-2799	349	115	and	and	CCONJ
taxlaw-2799	349	116	reorganizations	reorganization	NOUN
taxlaw-2799	349	117	ch	ch	NOUN
taxlaw-2799	349	118	.	.	PROPN
taxlaw-2799	349	119	429	429	NUM
taxlaw-2799	349	120	(	(	PUNCT
taxlaw-2799	349	121	practising	practise	VERB
taxlaw-2799	349	122	law	law	PROPN
taxlaw-2799	349	123	institute	institute	NOUN
taxlaw-2799	349	124	2009	2009	NUM
taxlaw-2799	349	125	)	)	PUNCT
taxlaw-2799	349	126	;	;	PUNCT
taxlaw-2799	349	127	alexander	alexander	PROPN
taxlaw-2799	349	128	f.	f.	PROPN
taxlaw-2799	349	129	peter	peter	PROPN
taxlaw-2799	349	130	,	,	PUNCT
taxlaw-2799	349	131	characterization	characterization	NOUN
taxlaw-2799	349	132	of	of	ADP
taxlaw-2799	349	133	credit	credit	NOUN
taxlaw-2799	349	134	default	default	NOUN
taxlaw-2799	349	135	swaps	swap	NOUN
taxlaw-2799	349	136	for	for	ADP
taxlaw-2799	349	137	tax	tax	NOUN
taxlaw-2799	349	138	purposes	purpose	NOUN
taxlaw-2799	349	139	,	,	PUNCT
taxlaw-2799	349	140	8	8	NUM
taxlaw-2799	349	141	derivatives	derivative	NOUN
taxlaw-2799	349	142	&	&	CCONJ
taxlaw-2799	349	143	fin	fin	NOUN
taxlaw-2799	349	144	.	.	PUNCT
taxlaw-2799	350	1	instruments	instrument	NOUN
taxlaw-2799	350	2	3	3	NUM
taxlaw-2799	350	3	(	(	PUNCT
taxlaw-2799	350	4	jan	jan	PROPN
taxlaw-2799	350	5	/	/	SYM
taxlaw-2799	350	6	feb	feb	PROPN
taxlaw-2799	350	7	.	.	PROPN
taxlaw-2799	350	8	2006	2006	NUM
taxlaw-2799	350	9	)	)	PUNCT
taxlaw-2799	350	10	;	;	PUNCT
taxlaw-2799	350	11	nicholas	nicholas	PROPN
taxlaw-2799	350	12	bogos	bogos	PROPN
taxlaw-2799	350	13	,	,	PUNCT
taxlaw-2799	350	14	a	a	DET
taxlaw-2799	350	15	risk	risk	NOUN
taxlaw-2799	350	16	-	-	PUNCT
taxlaw-2799	350	17	based	base	VERB
taxlaw-2799	350	18	analysis	analysis	NOUN
taxlaw-2799	350	19	of	of	ADP
taxlaw-2799	350	20	credit	credit	NOUN
taxlaw-2799	350	21	derivatives	derivative	NOUN
taxlaw-2799	350	22	under	under	ADP
taxlaw-2799	350	23	ssrp	ssrp	NOUN
taxlaw-2799	350	24	standard	standard	NOUN
taxlaw-2799	350	25	(	(	PUNCT
taxlaw-2799	350	26	pts	pts	NOUN
taxlaw-2799	350	27	.	.	PROPN
taxlaw-2799	350	28	1	1	NUM
taxlaw-2799	350	29	-	-	SYM
taxlaw-2799	350	30	3	3	NUM
taxlaw-2799	350	31	)	)	PUNCT
taxlaw-2799	350	32	,	,	PUNCT
taxlaw-2799	350	33	112	112	NUM
taxlaw-2799	350	34	tax	tax	NOUN
taxlaw-2799	350	35	notes	note	NOUN
taxlaw-2799	350	36	587	587	NUM
taxlaw-2799	350	37	,	,	PUNCT
taxlaw-2799	350	38	655	655	NUM
taxlaw-2799	350	39	,	,	PUNCT
taxlaw-2799	350	40	759	759	NUM
taxlaw-2799	350	41	(	(	PUNCT
taxlaw-2799	350	42	aug	aug	PROPN
taxlaw-2799	350	43	.	.	PROPN
taxlaw-2799	350	44	2006	2006	NUM
taxlaw-2799	350	45	)	)	PUNCT
taxlaw-2799	350	46	;	;	PUNCT
taxlaw-2799	350	47	kevin	kevin	PROPN
taxlaw-2799	350	48	j.	j.	PROPN
taxlaw-2799	350	49	liss	liss	PROPN
taxlaw-2799	350	50	,	,	PUNCT
taxlaw-2799	350	51	are	be	AUX
taxlaw-2799	350	52	credit	credit	NOUN
taxlaw-2799	350	53	default	default	NOUN
taxlaw-2799	350	54	swaps	swap	NOUN
taxlaw-2799	350	55	really	really	ADV
taxlaw-2799	350	56	swaps	swap	NOUN
taxlaw-2799	350	57	or	or	CCONJ
taxlaw-2799	350	58	options	option	NOUN
taxlaw-2799	350	59	for	for	ADP
taxlaw-2799	350	60	tax	tax	NOUN
taxlaw-2799	350	61	purposes	purpose	NOUN
taxlaw-2799	350	62	?	?	PUNCT
taxlaw-2799	351	1	an	an	DET
taxlaw-2799	351	2	economics	economics	NOUN
taxlaw-2799	351	3	-	-	PUNCT
taxlaw-2799	351	4	based	base	VERB
taxlaw-2799	351	5	approach	approach	NOUN
taxlaw-2799	351	6	,	,	PUNCT
taxlaw-2799	351	7	7	7	NUM
taxlaw-2799	351	8	j.	j.	PROPN
taxlaw-2799	351	9	tax’n	tax’n	NUM
taxlaw-2799	351	10	fin	fin	NOUN
taxlaw-2799	351	11	.	.	PUNCT
taxlaw-2799	352	1	products	product	NOUN
taxlaw-2799	352	2	23	23	NUM
taxlaw-2799	352	3	(	(	PUNCT
taxlaw-2799	352	4	2008	2008	NUM
taxlaw-2799	352	5	)	)	PUNCT
taxlaw-2799	352	6	;	;	PUNCT
taxlaw-2799	352	7	ari	ari	PROPN
taxlaw-2799	352	8	j.	j.	PROPN
taxlaw-2799	352	9	brandes	brandes	PROPN
taxlaw-2799	352	10	,	,	PUNCT
taxlaw-2799	352	11	toward	toward	ADP
taxlaw-2799	352	12	a	a	DET
taxlaw-2799	352	13	ew	ew	NOUN
taxlaw-2799	352	14	framework	framework	NOUN
taxlaw-2799	352	15	and	and	CCONJ
taxlaw-2799	352	16	a	a	DET
taxlaw-2799	352	17	better	well	ADJ
taxlaw-2799	352	18	understanding	understanding	NOUN
taxlaw-2799	352	19	of	of	ADP
taxlaw-2799	352	20	credit	credit	NOUN
taxlaw-2799	352	21	default	default	NOUN
taxlaw-2799	352	22	swaps	swap	NOUN
taxlaw-2799	352	23	,	,	PUNCT
taxlaw-2799	352	24	10	10	NUM
taxlaw-2799	352	25	derivatives	derivative	NOUN
taxlaw-2799	352	26	&	&	CCONJ
taxlaw-2799	352	27	fin	fin	NOUN
taxlaw-2799	352	28	.	.	PUNCT
taxlaw-2799	353	1	instruments	instrument	NOUN
taxlaw-2799	353	2	75	75	NUM
taxlaw-2799	353	3	(	(	PUNCT
taxlaw-2799	353	4	may	may	PROPN
taxlaw-2799	353	5	/	/	SYM
taxlaw-2799	353	6	june	june	PROPN
taxlaw-2799	353	7	2008	2008	NUM
taxlaw-2799	353	8	)	)	PUNCT
taxlaw-2799	353	9	;	;	PUNCT
taxlaw-2799	353	10	ari	ari	PROPN
taxlaw-2799	353	11	j.	j.	PROPN
taxlaw-2799	353	12	brandes	brandes	PROPN
taxlaw-2799	353	13	,	,	PUNCT
taxlaw-2799	353	14	a	a	DET
taxlaw-2799	353	15	better	well	ADJ
taxlaw-2799	353	16	way	way	NOUN
taxlaw-2799	353	17	to	to	PART
taxlaw-2799	353	18	understand	understand	VERB
taxlaw-2799	353	19	the	the	DET
taxlaw-2799	353	20	speculative	speculative	ADJ
taxlaw-2799	353	21	use	use	NOUN
taxlaw-2799	353	22	of	of	ADP
taxlaw-2799	353	23	credit	credit	NOUN
taxlaw-2799	353	24	default	default	NOUN
taxlaw-2799	353	25	swaps	swap	NOUN
taxlaw-2799	353	26	,	,	PUNCT
taxlaw-2799	353	27	14	14	NUM
taxlaw-2799	353	28	stan	stan	NOUN
taxlaw-2799	353	29	.	.	PUNCT
taxlaw-2799	354	1	j.l	j.l	PROPN
taxlaw-2799	354	2	.	.	PROPN
taxlaw-2799	354	3	bus	bus	PROPN
taxlaw-2799	354	4	.	.	PUNCT
taxlaw-2799	354	5	&	&	CCONJ
taxlaw-2799	354	6	fin	fin	PROPN
taxlaw-2799	354	7	.	.	PUNCT
taxlaw-2799	355	1	263	263	NUM
taxlaw-2799	355	2	(	(	PUNCT
taxlaw-2799	355	3	2009	2009	NUM
taxlaw-2799	355	4	)	)	PUNCT
taxlaw-2799	355	5	;	;	PUNCT
taxlaw-2799	356	1	andrea	andrea	PROPN
taxlaw-2799	356	2	s.	s.	PROPN
taxlaw-2799	356	3	kramer	kramer	PROPN
taxlaw-2799	356	4	,	,	PUNCT
taxlaw-2799	356	5	alton	alton	PROPN
taxlaw-2799	356	6	b.	b.	PROPN
taxlaw-2799	356	7	harris	harris	PROPN
taxlaw-2799	356	8	&	&	CCONJ
taxlaw-2799	356	9	robert	robert	PROPN
taxlaw-2799	356	10	a.	a.	PROPN
taxlaw-2799	356	11	ansehl	ansehl	PROPN
taxlaw-2799	356	12	,	,	PUNCT
taxlaw-2799	356	13	the	the	DET
taxlaw-2799	356	14	ew	ew	PROPN
taxlaw-2799	356	15	york	york	PROPN
taxlaw-2799	356	16	state	state	PROPN
taxlaw-2799	356	17	insurance	insurance	PROPN
taxlaw-2799	356	18	department	department	PROPN
taxlaw-2799	356	19	and	and	CCONJ
taxlaw-2799	356	20	credit	credit	NOUN
taxlaw-2799	356	21	default	default	NOUN
taxlaw-2799	356	22	swaps	swap	NOUN
taxlaw-2799	356	23	:	:	PUNCT
taxlaw-2799	356	24	good	good	ADJ
taxlaw-2799	356	25	intentions	intention	NOUN
taxlaw-2799	356	26	,	,	PUNCT
taxlaw-2799	356	27	bad	bad	ADJ
taxlaw-2799	356	28	idea	idea	NOUN
taxlaw-2799	356	29	,	,	PUNCT
taxlaw-2799	356	30	22	22	NUM
taxlaw-2799	356	31	j.	j.	PROPN
taxlaw-2799	356	32	tax’n	tax’n	PROPN
taxlaw-2799	356	33	&	&	CCONJ
taxlaw-2799	356	34	reg	reg	PROPN
taxlaw-2799	356	35	.	.	PUNCT
taxlaw-2799	357	1	fin	fin	NOUN
taxlaw-2799	357	2	.	.	PUNCT
taxlaw-2799	357	3	inst	inst	PROPN
taxlaw-2799	357	4	.	.	PROPN
taxlaw-2799	358	1	22	22	NUM
taxlaw-2799	358	2	(	(	PUNCT
taxlaw-2799	358	3	jan./feb	jan./feb	PROPN
taxlaw-2799	358	4	.	.	NOUN
taxlaw-2799	358	5	2009	2009	NUM
taxlaw-2799	358	6	)	)	PUNCT
taxlaw-2799	358	7	;	;	PUNCT
taxlaw-2799	358	8	david	david	PROPN
taxlaw-2799	358	9	s.	s.	PROPN
taxlaw-2799	358	10	miller	miller	PROPN
taxlaw-2799	358	11	&	&	CCONJ
taxlaw-2799	358	12	shlomo	shlomo	PROPN
taxlaw-2799	358	13	boehm	boehm	PROPN
taxlaw-2799	358	14	,	,	PUNCT
taxlaw-2799	358	15	ew	ew	ADP
taxlaw-2799	358	16	developments	development	NOUN
taxlaw-2799	358	17	in	in	ADP
taxlaw-2799	358	18	the	the	DET
taxlaw-2799	358	19	federal	federal	ADJ
taxlaw-2799	358	20	income	income	NOUN
taxlaw-2799	358	21	tax	tax	NOUN
taxlaw-2799	358	22	treatment	treatment	NOUN
taxlaw-2799	358	23	of	of	ADP
taxlaw-2799	358	24	cdss	cdss	NOUN
taxlaw-2799	358	25	,	,	PUNCT
taxlaw-2799	358	26	7	7	NUM
taxlaw-2799	358	27	j.	j.	PROPN
taxlaw-2799	358	28	tax’n	tax’n	NUM
taxlaw-2799	358	29	fin	fin	NOUN
taxlaw-2799	358	30	.	.	PUNCT
taxlaw-2799	359	1	products	product	NOUN
taxlaw-2799	359	2	9	9	NUM
taxlaw-2799	359	3	(	(	PUNCT
taxlaw-2799	359	4	2009	2009	NUM
taxlaw-2799	359	5	)	)	PUNCT
taxlaw-2799	359	6	;	;	PUNCT
taxlaw-2799	359	7	lawrence	lawrence	PROPN
taxlaw-2799	359	8	lokken	lokken	PROPN
taxlaw-2799	359	9	,	,	PUNCT
taxlaw-2799	359	10	taxation	taxation	NOUN
taxlaw-2799	359	11	of	of	ADP
taxlaw-2799	359	12	credit	credit	NOUN
taxlaw-2799	359	13	derivatives	derivative	NOUN
taxlaw-2799	359	14	,	,	PUNCT
taxlaw-2799	359	15	available	available	ADJ
taxlaw-2799	359	16	at	at	ADP
taxlaw-2799	359	17	http://www.taxpolicycenter.org/uploadedpdf/1001350_credit_derivatives.pdf	http://www.taxpolicycenter.org/uploadedpdf/1001350_credit_derivatives.pdf	PROPN
taxlaw-2799	359	18	;	;	PUNCT
taxlaw-2799	359	19	alan	alan	PROPN
taxlaw-2799	359	20	b.	b.	PROPN
taxlaw-2799	359	21	munro	munro	PROPN
taxlaw-2799	359	22	,	,	PUNCT
taxlaw-2799	359	23	revisiting	revisit	VERB
taxlaw-2799	359	24	tax	tax	NOUN
taxlaw-2799	359	25	considerations	consideration	NOUN
taxlaw-2799	359	26	regarding	regard	VERB
taxlaw-2799	359	27	credit	credit	NOUN
taxlaw-2799	359	28	default	default	NOUN
taxlaw-2799	359	29	swaps	swap	NOUN
taxlaw-2799	359	30	,	,	PUNCT
taxlaw-2799	359	31	12	12	NUM
taxlaw-2799	359	32	derivatives	derivative	NOUN
taxlaw-2799	359	33	&	&	CCONJ
taxlaw-2799	359	34	fin	fin	NOUN
taxlaw-2799	359	35	.	.	PUNCT
taxlaw-2799	360	1	instruments	instrument	NOUN
taxlaw-2799	360	2	9	9	NUM
taxlaw-2799	360	3	(	(	PUNCT
taxlaw-2799	360	4	jan./feb	jan./feb	PROPN
taxlaw-2799	360	5	.	.	PROPN
taxlaw-2799	360	6	2010	2010	NUM
taxlaw-2799	360	7	)	)	PUNCT
taxlaw-2799	360	8	.	.	PUNCT
taxlaw-2799	361	1	for	for	ADP
taxlaw-2799	361	2	comments	comment	NOUN
taxlaw-2799	361	3	submitted	submit	VERB
taxlaw-2799	361	4	in	in	ADP
taxlaw-2799	361	5	response	response	NOUN
taxlaw-2799	361	6	to	to	PART
taxlaw-2799	361	7	notice	notice	VERB
taxlaw-2799	361	8	2004	2004	NUM
taxlaw-2799	361	9	-	-	SYM
taxlaw-2799	361	10	52	52	NUM
taxlaw-2799	361	11	and	and	CCONJ
taxlaw-2799	361	12	other	other	ADJ
taxlaw-2799	361	13	subsequent	subsequent	ADJ
taxlaw-2799	361	14	requests	request	NOUN
taxlaw-2799	361	15	for	for	ADP
taxlaw-2799	361	16	guidance	guidance	NOUN
taxlaw-2799	361	17	,	,	PUNCT
taxlaw-2799	361	18	see	see	VERB
taxlaw-2799	361	19	letter	letter	NOUN
taxlaw-2799	361	20	from	from	ADP
taxlaw-2799	361	21	david	david	PROPN
taxlaw-2799	361	22	garlock	garlock	PROPN
taxlaw-2799	361	23	,	,	PUNCT
taxlaw-2799	361	24	howard	howard	PROPN
taxlaw-2799	361	25	leventhal	leventhal	PROPN
taxlaw-2799	361	26	&	&	CCONJ
taxlaw-2799	361	27	alan	alan	PROPN
taxlaw-2799	361	28	munro	munro	PROPN
taxlaw-2799	361	29	to	to	PART
taxlaw-2799	361	30	mark	mark	VERB
taxlaw-2799	361	31	w.	w.	PROPN
taxlaw-2799	361	32	everson	everson	PROPN
taxlaw-2799	361	33	,	,	PUNCT
taxlaw-2799	361	34	irs	irs	PROPN
taxlaw-2799	361	35	comm’r	comm’r	X
taxlaw-2799	361	36	(	(	PUNCT
taxlaw-2799	361	37	jan	jan	PROPN
taxlaw-2799	361	38	.	.	PROPN
taxlaw-2799	361	39	7	7	NUM
taxlaw-2799	361	40	,	,	PUNCT
taxlaw-2799	361	41	2005	2005	NUM
taxlaw-2799	361	42	)	)	PUNCT
taxlaw-2799	361	43	,	,	PUNCT
taxlaw-2799	361	44	reprinted	reprint	VERB
taxlaw-2799	361	45	in	in	ADP
taxlaw-2799	361	46	106	106	NUM
taxlaw-2799	361	47	tax	tax	NOUN
taxlaw-2799	361	48	notes	note	NOUN
taxlaw-2799	361	49	855	855	NUM
taxlaw-2799	361	50	(	(	PUNCT
taxlaw-2799	361	51	feb	feb	PROPN
taxlaw-2799	361	52	.	.	PROPN
taxlaw-2799	361	53	14	14	NUM
taxlaw-2799	361	54	,	,	PUNCT
taxlaw-2799	361	55	2005	2005	NUM
taxlaw-2799	361	56	)	)	PUNCT
taxlaw-2799	361	57	;	;	PUNCT
taxlaw-2799	361	58	letter	letter	NOUN
taxlaw-2799	361	59	from	from	ADP
taxlaw-2799	361	60	managed	manage	VERB
taxlaw-2799	361	61	funds	fund	NOUN
taxlaw-2799	361	62	association	association	PROPN
taxlaw-2799	361	63	to	to	PART
taxlaw-2799	361	64	mark	mark	VERB
taxlaw-2799	361	65	w.	w.	PROPN
taxlaw-2799	361	66	everson	everson	PROPN
taxlaw-2799	361	67	,	,	PUNCT
taxlaw-2799	361	68	irs	irs	PROPN
taxlaw-2799	361	69	comm’r	comm’r	VERB
taxlaw-2799	361	70	,	,	PUNCT
taxlaw-2799	361	71	re	re	ADP
taxlaw-2799	361	72	:	:	PUNCT
taxlaw-2799	361	73	18	18	NUM
taxlaw-2799	361	74	columbia	columbia	PROPN
taxlaw-2799	361	75	jour	jour	PROPN
taxlaw-2799	361	76	al	al	PROPN
taxlaw-2799	361	77	of	of	ADP
taxlaw-2799	361	78	tax	tax	NOUN
taxlaw-2799	361	79	law	law	NOUN
taxlaw-2799	362	1	[	[	X
taxlaw-2799	362	2	vol	vol	NOUN
taxlaw-2799	362	3	.	.	PUNCT
taxlaw-2799	362	4	2:1	2:1	NUM
taxlaw-2799	363	1	service	service	PROPN
taxlaw-2799	363	2	’s	’s	PART
taxlaw-2799	363	3	court	court	NOUN
taxlaw-2799	363	4	for	for	ADP
taxlaw-2799	363	5	some	some	DET
taxlaw-2799	363	6	time	time	NOUN
taxlaw-2799	363	7	.	.	PUNCT
taxlaw-2799	364	1	unofficial	unofficial	ADJ
taxlaw-2799	364	2	comments	comment	NOUN
taxlaw-2799	364	3	by	by	ADP
taxlaw-2799	364	4	officials	official	NOUN
taxlaw-2799	364	5	of	of	ADP
taxlaw-2799	364	6	the	the	DET
taxlaw-2799	364	7	service	service	NOUN
taxlaw-2799	364	8	suggest	suggest	VERB
taxlaw-2799	364	9	that	that	SCONJ
taxlaw-2799	364	10	the	the	DET
taxlaw-2799	364	11	first	first	ADJ
taxlaw-2799	364	12	likely	likely	ADJ
taxlaw-2799	364	13	venue	venue	NOUN
taxlaw-2799	364	14	for	for	ADP
taxlaw-2799	364	15	guidance	guidance	NOUN
taxlaw-2799	364	16	on	on	ADP
taxlaw-2799	364	17	the	the	DET
taxlaw-2799	364	18	characterization	characterization	NOUN
taxlaw-2799	364	19	issue	issue	NOUN
taxlaw-2799	364	20	may	may	AUX
taxlaw-2799	364	21	be	be	AUX
taxlaw-2799	364	22	the	the	DET
taxlaw-2799	364	23	reproposal	reproposal	NOUN
taxlaw-2799	364	24	of	of	ADP
taxlaw-2799	364	25	the	the	DET
taxlaw-2799	364	26	long	long	ADV
taxlaw-2799	364	27	-	-	PUNCT
taxlaw-2799	364	28	pending	pende	VERB
taxlaw-2799	364	29	proposed	propose	VERB
taxlaw-2799	364	30	regulations	regulation	NOUN
taxlaw-2799	364	31	on	on	ADP
taxlaw-2799	364	32	npcs	npc	NOUN
taxlaw-2799	364	33	with	with	ADP
taxlaw-2799	364	34	contingent	contingent	ADJ
taxlaw-2799	364	35	nonperiodic	nonperiodic	ADJ
taxlaw-2799	364	36	payments	payment	NOUN
taxlaw-2799	364	37	,	,	PUNCT
taxlaw-2799	364	38	a	a	DET
taxlaw-2799	364	39	project	project	NOUN
taxlaw-2799	364	40	aimed	aim	VERB
taxlaw-2799	364	41	a	a	DET
taxlaw-2799	364	42	very	very	ADV
taxlaw-2799	364	43	different	different	ADJ
taxlaw-2799	364	44	class	class	NOUN
taxlaw-2799	364	45	of	of	ADP
taxlaw-2799	364	46	financial	financial	ADJ
taxlaw-2799	364	47	instruments	instrument	NOUN
taxlaw-2799	364	48	.	.	PUNCT
taxlaw-2799	365	1	these	these	DET
taxlaw-2799	365	2	regulations	regulation	NOUN
taxlaw-2799	365	3	are	be	AUX
taxlaw-2799	365	4	discussed	discuss	VERB
taxlaw-2799	365	5	in	in	ADP
taxlaw-2799	365	6	section	section	NOUN
taxlaw-2799	365	7	i.b.1	i.b.1	NOUN
taxlaw-2799	365	8	,	,	PUNCT
taxlaw-2799	365	9	above	above	ADV
taxlaw-2799	365	10	.	.	PUNCT
taxlaw-2799	366	1	the	the	DET
taxlaw-2799	366	2	timing	timing	NOUN
taxlaw-2799	366	3	of	of	ADP
taxlaw-2799	366	4	any	any	DET
taxlaw-2799	366	5	such	such	ADJ
taxlaw-2799	366	6	guidance	guidance	NOUN
taxlaw-2799	366	7	is	be	AUX
taxlaw-2799	366	8	uncertain	uncertain	ADJ
taxlaw-2799	366	9	.	.	PUNCT
taxlaw-2799	367	1	this	this	DET
taxlaw-2799	367	2	article	article	NOUN
taxlaw-2799	367	3	does	do	AUX
taxlaw-2799	367	4	not	not	PART
taxlaw-2799	367	5	directly	directly	ADV
taxlaw-2799	367	6	address	address	VERB
taxlaw-2799	367	7	the	the	DET
taxlaw-2799	367	8	characterization	characterization	NOUN
taxlaw-2799	367	9	question	question	NOUN
taxlaw-2799	367	10	but	but	CCONJ
taxlaw-2799	367	11	assumes	assume	VERB
taxlaw-2799	367	12	that	that	SCONJ
taxlaw-2799	367	13	option	option	NOUN
taxlaw-2799	367	14	and	and	CCONJ
taxlaw-2799	367	15	npc	npc	NOUN
taxlaw-2799	367	16	are	be	AUX
taxlaw-2799	367	17	the	the	DET
taxlaw-2799	367	18	relevant	relevant	ADJ
taxlaw-2799	367	19	treatment	treatment	NOUN
taxlaw-2799	367	20	alternatives	alternative	NOUN
taxlaw-2799	367	21	.	.	PUNCT
taxlaw-2799	368	1	if	if	SCONJ
taxlaw-2799	368	2	a	a	DET
taxlaw-2799	368	3	cds	cd	NOUN
taxlaw-2799	368	4	contract	contract	NOUN
taxlaw-2799	368	5	is	be	AUX
taxlaw-2799	368	6	properly	properly	ADV
taxlaw-2799	368	7	treated	treat	VERB
taxlaw-2799	368	8	as	as	ADP
taxlaw-2799	368	9	an	an	DET
taxlaw-2799	368	10	npc	npc	NOUN
taxlaw-2799	368	11	,	,	PUNCT
taxlaw-2799	368	12	then	then	ADV
taxlaw-2799	368	13	the	the	DET
taxlaw-2799	368	14	periodic	periodic	ADJ
taxlaw-2799	368	15	premium	premium	NOUN
taxlaw-2799	368	16	payments	payment	NOUN
taxlaw-2799	368	17	would	would	AUX
taxlaw-2799	368	18	be	be	AUX
taxlaw-2799	368	19	periodic	periodic	ADJ
taxlaw-2799	368	20	payments	payment	NOUN
taxlaw-2799	368	21	,	,	PUNCT
taxlaw-2799	368	22	generally	generally	ADV
taxlaw-2799	368	23	required	require	VERB
taxlaw-2799	368	24	to	to	PART
taxlaw-2799	368	25	be	be	AUX
taxlaw-2799	368	26	taken	take	VERB
taxlaw-2799	368	27	into	into	ADP
taxlaw-2799	368	28	account	account	NOUN
taxlaw-2799	368	29	currently	currently	ADV
taxlaw-2799	368	30	on	on	ADP
taxlaw-2799	368	31	an	an	DET
taxlaw-2799	368	32	accrual	accrual	ADJ
taxlaw-2799	368	33	basis	basis	NOUN
taxlaw-2799	368	34	.	.	PUNCT
taxlaw-2799	369	1	it	it	PRON
taxlaw-2799	369	2	is	be	AUX
taxlaw-2799	369	3	uncertain	uncertain	ADJ
taxlaw-2799	369	4	whether	whether	SCONJ
taxlaw-2799	369	5	a	a	DET
taxlaw-2799	369	6	cash	cash	NOUN
taxlaw-2799	369	7	settlement	settlement	NOUN
taxlaw-2799	369	8	payment	payment	NOUN
taxlaw-2799	369	9	ought	ought	AUX
taxlaw-2799	369	10	to	to	PART
taxlaw-2799	369	11	be	be	AUX
taxlaw-2799	369	12	viewed	view	VERB
taxlaw-2799	369	13	as	as	ADP
taxlaw-2799	369	14	a	a	DET
taxlaw-2799	369	15	termination	termination	NOUN
taxlaw-2799	369	16	payment	payment	NOUN
taxlaw-2799	369	17	or	or	CCONJ
taxlaw-2799	369	18	as	as	ADP
taxlaw-2799	369	19	a	a	DET
taxlaw-2799	369	20	nonperiodic	nonperiodic	ADJ
taxlaw-2799	369	21	payment	payment	NOUN
taxlaw-2799	369	22	,	,	PUNCT
taxlaw-2799	369	23	although	although	SCONJ
taxlaw-2799	369	24	the	the	DET
taxlaw-2799	369	25	author	author	NOUN
taxlaw-2799	369	26	believes	believe	VERB
taxlaw-2799	369	27	that	that	SCONJ
taxlaw-2799	369	28	most	most	ADJ
taxlaw-2799	369	29	market	market	NOUN
taxlaw-2799	369	30	participants	participant	NOUN
taxlaw-2799	369	31	treat	treat	VERB
taxlaw-2799	369	32	it	it	PRON
taxlaw-2799	369	33	as	as	ADP
taxlaw-2799	369	34	a	a	DET
taxlaw-2799	369	35	termination	termination	NOUN
taxlaw-2799	369	36	payment.29	payment.29	NOUN
taxlaw-2799	369	37	under	under	ADP
taxlaw-2799	369	38	these	these	DET
taxlaw-2799	369	39	rules	rule	NOUN
taxlaw-2799	369	40	,	,	PUNCT
taxlaw-2799	369	41	an	an	DET
taxlaw-2799	369	42	upfront	upfront	ADJ
taxlaw-2799	369	43	payment	payment	NOUN
taxlaw-2799	369	44	on	on	ADP
taxlaw-2799	369	45	the	the	DET
taxlaw-2799	369	46	cds	cd	NOUN
taxlaw-2799	369	47	contract	contract	NOUN
taxlaw-2799	369	48	would	would	AUX
taxlaw-2799	369	49	be	be	AUX
taxlaw-2799	369	50	treated	treat	VERB
taxlaw-2799	369	51	as	as	ADP
taxlaw-2799	369	52	a	a	DET
taxlaw-2799	369	53	nonperiodic	nonperiodic	ADJ
taxlaw-2799	369	54	payment	payment	NOUN
taxlaw-2799	369	55	that	that	PRON
taxlaw-2799	369	56	must	must	AUX
taxlaw-2799	369	57	be	be	AUX
taxlaw-2799	369	58	amortized	amortize	VERB
taxlaw-2799	369	59	in	in	ADP
taxlaw-2799	369	60	some	some	DET
taxlaw-2799	369	61	fashion	fashion	NOUN
taxlaw-2799	369	62	over	over	ADP
taxlaw-2799	369	63	the	the	DET
taxlaw-2799	369	64	life	life	NOUN
taxlaw-2799	369	65	of	of	ADP
taxlaw-2799	369	66	the	the	DET
taxlaw-2799	369	67	cds	cd	NOUN
taxlaw-2799	369	68	.	.	PUNCT
taxlaw-2799	370	1	if	if	SCONJ
taxlaw-2799	370	2	the	the	DET
taxlaw-2799	370	3	cds	cd	NOUN
taxlaw-2799	370	4	were	be	AUX
taxlaw-2799	370	5	considered	consider	VERB
taxlaw-2799	370	6	a	a	DET
taxlaw-2799	370	7	swap	swap	NOUN
taxlaw-2799	370	8	(	(	PUNCT
taxlaw-2799	370	9	and	and	CCONJ
taxlaw-2799	370	10	not	not	PART
taxlaw-2799	370	11	a	a	DET
taxlaw-2799	370	12	cap	cap	NOUN
taxlaw-2799	370	13	or	or	CCONJ
taxlaw-2799	370	14	floor	floor	NOUN
taxlaw-2799	370	15	)	)	PUNCT
taxlaw-2799	370	16	and	and	CCONJ
taxlaw-2799	370	17	the	the	DET
taxlaw-2799	370	18	upfront	upfront	ADJ
taxlaw-2799	370	19	payment	payment	NOUN
taxlaw-2799	370	20	were	be	AUX
taxlaw-2799	370	21	a	a	DET
taxlaw-2799	370	22	significant	significant	ADJ
taxlaw-2799	370	23	nonperiodic	nonperiodic	ADJ
taxlaw-2799	370	24	payment	payment	NOUN
taxlaw-2799	370	25	,	,	PUNCT
taxlaw-2799	370	26	otice	otice	NOUN
taxlaw-2799	370	27	2004	2004	NUM
taxlaw-2799	370	28	-	-	SYM
taxlaw-2799	370	29	52	52	NUM
taxlaw-2799	370	30	(	(	PUNCT
taxlaw-2799	370	31	credit	credit	NOUN
taxlaw-2799	370	32	default	default	NOUN
taxlaw-2799	370	33	swaps	swap	NOUN
taxlaw-2799	370	34	)	)	PUNCT
taxlaw-2799	370	35	(	(	PUNCT
taxlaw-2799	370	36	apr	apr	PROPN
taxlaw-2799	370	37	.	.	PROPN
taxlaw-2799	370	38	26	26	NUM
taxlaw-2799	370	39	,	,	PUNCT
taxlaw-2799	370	40	2005	2005	NUM
taxlaw-2799	370	41	)	)	PUNCT
taxlaw-2799	370	42	,	,	PUNCT
taxlaw-2799	370	43	available	available	ADJ
taxlaw-2799	370	44	at	at	ADP
taxlaw-2799	370	45	2005	2005	NUM
taxlaw-2799	370	46	tnt	tnt	PROPN
taxlaw-2799	370	47	87	87	NUM
taxlaw-2799	370	48	-	-	SYM
taxlaw-2799	370	49	20	20	NUM
taxlaw-2799	370	50	;	;	PUNCT
taxlaw-2799	370	51	new	new	PROPN
taxlaw-2799	370	52	york	york	PROPN
taxlaw-2799	370	53	state	state	PROPN
taxlaw-2799	370	54	bar	bar	PROPN
taxlaw-2799	370	55	association	association	NOUN
taxlaw-2799	370	56	tax	tax	NOUN
taxlaw-2799	370	57	section	section	NOUN
taxlaw-2799	370	58	,	,	PUNCT
taxlaw-2799	370	59	report	report	NOUN
taxlaw-2799	370	60	on	on	ADP
taxlaw-2799	370	61	credit	credit	NOUN
taxlaw-2799	370	62	default	default	NOUN
taxlaw-2799	370	63	swaps	swap	NOUN
taxlaw-2799	370	64	(	(	PUNCT
taxlaw-2799	370	65	sept	sept	PROPN
taxlaw-2799	370	66	.	.	PROPN
taxlaw-2799	370	67	9	9	NUM
taxlaw-2799	370	68	,	,	PUNCT
taxlaw-2799	370	69	2005	2005	NUM
taxlaw-2799	370	70	)	)	PUNCT
taxlaw-2799	370	71	,	,	PUNCT
taxlaw-2799	370	72	available	available	ADJ
taxlaw-2799	370	73	at	at	ADP
taxlaw-2799	370	74	http://www.nysba.org/content/contentfolders20/taxlawsection/taxreports/1095report.p	http://www.nysba.org/content/contentfolders20/taxlawsection/taxreports/1095report.p	NUM
taxlaw-2799	370	75	df	df	NOUN
taxlaw-2799	370	76	,	,	PUNCT
taxlaw-2799	370	77	reprinted	reprint	VERB
taxlaw-2799	370	78	in	in	ADP
taxlaw-2799	370	79	109	109	NUM
taxlaw-2799	370	80	tax	tax	NOUN
taxlaw-2799	370	81	notes	note	NOUN
taxlaw-2799	370	82	347	347	NUM
taxlaw-2799	370	83	(	(	PUNCT
taxlaw-2799	370	84	oct	oct	PROPN
taxlaw-2799	370	85	.	.	PROPN
taxlaw-2799	370	86	17	17	NUM
taxlaw-2799	370	87	,	,	PUNCT
taxlaw-2799	370	88	2005	2005	NUM
taxlaw-2799	370	89	)	)	PUNCT
taxlaw-2799	370	90	;	;	PUNCT
taxlaw-2799	370	91	letter	letter	NOUN
taxlaw-2799	370	92	from	from	ADP
taxlaw-2799	370	93	new	new	PROPN
taxlaw-2799	370	94	york	york	PROPN
taxlaw-2799	370	95	state	state	PROPN
taxlaw-2799	370	96	society	society	NOUN
taxlaw-2799	370	97	of	of	ADP
taxlaw-2799	370	98	certified	certify	VERB
taxlaw-2799	370	99	public	public	ADJ
taxlaw-2799	370	100	accountants	accountant	NOUN
taxlaw-2799	370	101	re	re	ADP
taxlaw-2799	370	102	:	:	PUNCT
taxlaw-2799	370	103	statement	statement	NOUN
taxlaw-2799	370	104	on	on	ADP
taxlaw-2799	370	105	credit	credit	NOUN
taxlaw-2799	370	106	default	default	NOUN
taxlaw-2799	370	107	swaps	swap	NOUN
taxlaw-2799	370	108	provided	provide	VERB
taxlaw-2799	370	109	in	in	ADP
taxlaw-2799	370	110	response	response	NOUN
taxlaw-2799	370	111	to	to	ADP
taxlaw-2799	370	112	irs	irs	PROPN
taxlaw-2799	370	113	otice	otice	NOUN
taxlaw-2799	370	114	2004	2004	NUM
taxlaw-2799	370	115	-	-	SYM
taxlaw-2799	370	116	52	52	NUM
taxlaw-2799	370	117	(	(	PUNCT
taxlaw-2799	370	118	nov	nov	PROPN
taxlaw-2799	370	119	.	.	PROPN
taxlaw-2799	370	120	7	7	NUM
taxlaw-2799	370	121	,	,	PUNCT
taxlaw-2799	370	122	2005	2005	NUM
taxlaw-2799	370	123	)	)	PUNCT
taxlaw-2799	370	124	,	,	PUNCT
taxlaw-2799	370	125	available	available	ADJ
taxlaw-2799	370	126	at	at	ADP
taxlaw-2799	370	127	2005	2005	NUM
taxlaw-2799	370	128	tnt	tnt	NOUN
taxlaw-2799	370	129	215	215	NUM
taxlaw-2799	370	130	-	-	SYM
taxlaw-2799	370	131	12	12	NUM
taxlaw-2799	370	132	;	;	PUNCT
taxlaw-2799	370	133	letter	letter	NOUN
taxlaw-2799	370	134	from	from	ADP
taxlaw-2799	370	135	sifma	sifma	NOUN
taxlaw-2799	370	136	to	to	ADP
taxlaw-2799	370	137	steven	steven	PROPN
taxlaw-2799	370	138	a.	a.	PROPN
taxlaw-2799	370	139	musher	musher	PROPN
taxlaw-2799	370	140	,	,	PUNCT
taxlaw-2799	370	141	assoc	assoc	PROPN
taxlaw-2799	370	142	.	.	PUNCT
taxlaw-2799	371	1	chief	chief	ADJ
taxlaw-2799	371	2	counsel	counsel	NOUN
taxlaw-2799	371	3	(	(	PUNCT
taxlaw-2799	371	4	int’l	int’l	NUM
taxlaw-2799	371	5	)	)	PUNCT
taxlaw-2799	371	6	(	(	PUNCT
taxlaw-2799	371	7	may	may	PROPN
taxlaw-2799	371	8	26	26	NUM
taxlaw-2799	371	9	,	,	PUNCT
taxlaw-2799	371	10	2009	2009	NUM
taxlaw-2799	371	11	)	)	PUNCT
taxlaw-2799	371	12	,	,	PUNCT
taxlaw-2799	371	13	reprinted	reprint	VERB
taxlaw-2799	371	14	in	in	ADP
taxlaw-2799	371	15	1	1	NUM
taxlaw-2799	371	16	taxation	taxation	NOUN
taxlaw-2799	371	17	of	of	ADP
taxlaw-2799	371	18	financial	financial	ADJ
taxlaw-2799	371	19	products	product	NOUN
taxlaw-2799	371	20	and	and	CCONJ
taxlaw-2799	371	21	transactions	transaction	NOUN
taxlaw-2799	371	22	2010	2010	NUM
taxlaw-2799	371	23	ch	ch	NOUN
taxlaw-2799	371	24	.	.	PROPN
taxlaw-2799	371	25	1	1	NUM
taxlaw-2799	371	26	(	(	PUNCT
taxlaw-2799	371	27	practising	practise	VERB
taxlaw-2799	371	28	law	law	PROPN
taxlaw-2799	371	29	institute	institute	NOUN
taxlaw-2799	371	30	2010	2010	NUM
taxlaw-2799	371	31	)	)	PUNCT
taxlaw-2799	371	32	.	.	PUNCT
taxlaw-2799	372	1	for	for	ADP
taxlaw-2799	372	2	a	a	DET
taxlaw-2799	372	3	number	number	NOUN
taxlaw-2799	372	4	of	of	ADP
taxlaw-2799	372	5	requests	request	NOUN
taxlaw-2799	372	6	for	for	ADP
taxlaw-2799	372	7	guidance	guidance	NOUN
taxlaw-2799	372	8	(	(	PUNCT
taxlaw-2799	372	9	or	or	CCONJ
taxlaw-2799	372	10	,	,	PUNCT
taxlaw-2799	372	11	in	in	ADP
taxlaw-2799	372	12	one	one	NUM
taxlaw-2799	372	13	case	case	NOUN
taxlaw-2799	372	14	,	,	PUNCT
taxlaw-2799	372	15	no	no	DET
taxlaw-2799	372	16	guidance	guidance	NOUN
taxlaw-2799	372	17	)	)	PUNCT
taxlaw-2799	372	18	on	on	ADP
taxlaw-2799	372	19	credit	credit	NOUN
taxlaw-2799	372	20	default	default	NOUN
taxlaw-2799	372	21	swaps	swap	NOUN
taxlaw-2799	372	22	prior	prior	ADV
taxlaw-2799	372	23	to	to	PART
taxlaw-2799	372	24	notice	notice	VERB
taxlaw-2799	372	25	2004	2004	NUM
taxlaw-2799	372	26	-	-	SYM
taxlaw-2799	372	27	52	52	NUM
taxlaw-2799	372	28	,	,	PUNCT
taxlaw-2799	372	29	see	see	VERB
taxlaw-2799	372	30	letter	letter	NOUN
taxlaw-2799	372	31	from	from	ADP
taxlaw-2799	372	32	capitol	capitol	PROPN
taxlaw-2799	372	33	tax	tax	NOUN
taxlaw-2799	372	34	partners	partner	NOUN
taxlaw-2799	372	35	to	to	ADP
taxlaw-2799	372	36	irs	irs	PROPN
taxlaw-2799	372	37	re	re	ADP
taxlaw-2799	372	38	:	:	PUNCT
taxlaw-2799	372	39	otice	otice	PROPN
taxlaw-2799	372	40	2002	2002	NUM
taxlaw-2799	372	41	-	-	SYM
taxlaw-2799	372	42	22	22	NUM
taxlaw-2799	372	43	(	(	PUNCT
taxlaw-2799	372	44	guidance	guidance	NOUN
taxlaw-2799	372	45	priority	priority	NOUN
taxlaw-2799	372	46	list	list	NOUN
taxlaw-2799	372	47	)	)	PUNCT
taxlaw-2799	372	48	(	(	PUNCT
taxlaw-2799	372	49	may	may	PROPN
taxlaw-2799	372	50	1	1	NUM
taxlaw-2799	372	51	,	,	PUNCT
taxlaw-2799	372	52	2002),available	2002),available	NUM
taxlaw-2799	372	53	at	at	ADP
taxlaw-2799	372	54	2002	2002	NUM
taxlaw-2799	372	55	tnt	tnt	PROPN
taxlaw-2799	372	56	96	96	NUM
taxlaw-2799	372	57	-	-	SYM
taxlaw-2799	372	58	20	20	NUM
taxlaw-2799	372	59	;	;	PUNCT
taxlaw-2799	372	60	letter	letter	NOUN
taxlaw-2799	372	61	from	from	ADP
taxlaw-2799	372	62	capitol	capitol	PROPN
taxlaw-2799	372	63	tax	tax	NOUN
taxlaw-2799	372	64	partners	partner	NOUN
taxlaw-2799	372	65	to	to	ADP
taxlaw-2799	372	66	rob	rob	PROPN
taxlaw-2799	372	67	hanson	hanson	PROPN
taxlaw-2799	372	68	,	,	PUNCT
taxlaw-2799	372	69	tax	tax	NOUN
taxlaw-2799	372	70	legislative	legislative	ADJ
taxlaw-2799	372	71	counsel	counsel	NOUN
taxlaw-2799	372	72	&	&	CCONJ
taxlaw-2799	372	73	barbara	barbara	PROPN
taxlaw-2799	372	74	angus	angus	PROPN
taxlaw-2799	372	75	,	,	PUNCT
taxlaw-2799	372	76	int’l	int’l	ADJ
taxlaw-2799	372	77	tax	tax	NOUN
taxlaw-2799	372	78	counsel	counsel	NOUN
taxlaw-2799	372	79	,	,	PUNCT
taxlaw-2799	372	80	re	re	ADP
taxlaw-2799	372	81	:	:	PUNCT
taxlaw-2799	372	82	follow	follow	VERB
taxlaw-2799	372	83	-	-	PUNCT
taxlaw-2799	372	84	up	up	ADP
taxlaw-2799	372	85	letter	letter	NOUN
taxlaw-2799	372	86	on	on	ADP
taxlaw-2799	372	87	credit	credit	NOUN
taxlaw-2799	372	88	default	default	NOUN
taxlaw-2799	372	89	swaps	swap	NOUN
taxlaw-2799	372	90	(	(	PUNCT
taxlaw-2799	372	91	july	july	PROPN
taxlaw-2799	372	92	2	2	NUM
taxlaw-2799	372	93	,	,	PUNCT
taxlaw-2799	372	94	2002	2002	NUM
taxlaw-2799	372	95	)	)	PUNCT
taxlaw-2799	372	96	,	,	PUNCT
taxlaw-2799	372	97	available	available	ADJ
taxlaw-2799	372	98	at	at	ADP
taxlaw-2799	372	99	2002	2002	NUM
taxlaw-2799	372	100	tnt	tnt	PROPN
taxlaw-2799	372	101	148	148	NUM
taxlaw-2799	372	102	-	-	SYM
taxlaw-2799	372	103	34	34	NUM
taxlaw-2799	372	104	;	;	PUNCT
taxlaw-2799	372	105	letter	letter	NOUN
taxlaw-2799	372	106	from	from	ADP
taxlaw-2799	372	107	gregory	gregory	PROPN
taxlaw-2799	372	108	may	may	PROPN
taxlaw-2799	372	109	&	&	CCONJ
taxlaw-2799	372	110	robert	robert	PROPN
taxlaw-2799	372	111	scarborough	scarborough	PROPN
taxlaw-2799	372	112	to	to	ADP
taxlaw-2799	372	113	helen	helen	PROPN
taxlaw-2799	372	114	hubbard	hubbard	PROPN
taxlaw-2799	372	115	,	,	PUNCT
taxlaw-2799	372	116	acting	act	VERB
taxlaw-2799	372	117	tax	tax	NOUN
taxlaw-2799	372	118	legislative	legislative	ADJ
taxlaw-2799	372	119	counsel	counsel	NOUN
taxlaw-2799	372	120	&	&	CCONJ
taxlaw-2799	372	121	barbara	barbara	PROPN
taxlaw-2799	372	122	angus	angus	PROPN
taxlaw-2799	372	123	,	,	PUNCT
taxlaw-2799	372	124	int’l	int’l	ADJ
taxlaw-2799	372	125	tax	tax	NOUN
taxlaw-2799	372	126	counsel	counsel	NOUN
taxlaw-2799	372	127	,	,	PUNCT
taxlaw-2799	372	128	re	re	VERB
taxlaw-2799	372	129	:	:	PUNCT
taxlaw-2799	372	130	guidance	guidance	NOUN
taxlaw-2799	372	131	on	on	ADP
taxlaw-2799	372	132	credit	credit	NOUN
taxlaw-2799	372	133	default	default	NOUN
taxlaw-2799	372	134	swaps	swap	NOUN
taxlaw-2799	372	135	(	(	PUNCT
taxlaw-2799	372	136	oct	oct	PROPN
taxlaw-2799	372	137	.	.	PROPN
taxlaw-2799	372	138	1	1	NUM
taxlaw-2799	372	139	,	,	PUNCT
taxlaw-2799	372	140	2002	2002	NUM
taxlaw-2799	372	141	)	)	PUNCT
taxlaw-2799	372	142	,	,	PUNCT
taxlaw-2799	372	143	reprinted	reprint	VERB
taxlaw-2799	372	144	in	in	ADP
taxlaw-2799	372	145	2	2	NUM
taxlaw-2799	372	146	j.	j.	PROPN
taxlaw-2799	372	147	tax’n	tax’n	PROPN
taxlaw-2799	372	148	global	global	ADJ
taxlaw-2799	372	149	transactions	transaction	NOUN
taxlaw-2799	372	150	72	72	NUM
taxlaw-2799	372	151	(	(	PUNCT
taxlaw-2799	372	152	20022003	20022003	NUM
taxlaw-2799	372	153	)	)	PUNCT
taxlaw-2799	372	154	;	;	PUNCT
taxlaw-2799	372	155	letter	letter	NOUN
taxlaw-2799	372	156	from	from	ADP
taxlaw-2799	372	157	isda	isda	PROPN
taxlaw-2799	372	158	to	to	ADP
taxlaw-2799	372	159	irs	irs	PROPN
taxlaw-2799	372	160	re	re	ADP
taxlaw-2799	372	161	:	:	PUNCT
taxlaw-2799	372	162	withholding	withhold	VERB
taxlaw-2799	372	163	taxes	taxis	NOUN
taxlaw-2799	372	164	on	on	ADP
taxlaw-2799	372	165	credit	credit	NOUN
taxlaw-2799	372	166	default	default	NOUN
taxlaw-2799	372	167	swaps	swap	NOUN
taxlaw-2799	372	168	(	(	PUNCT
taxlaw-2799	372	169	oct	oct	PROPN
taxlaw-2799	372	170	.	.	PROPN
taxlaw-2799	372	171	24	24	NUM
taxlaw-2799	372	172	,	,	PUNCT
taxlaw-2799	372	173	2002	2002	NUM
taxlaw-2799	372	174	)	)	PUNCT
taxlaw-2799	372	175	,	,	PUNCT
taxlaw-2799	372	176	available	available	ADJ
taxlaw-2799	372	177	at	at	ADP
taxlaw-2799	372	178	2002	2002	NUM
taxlaw-2799	372	179	tnt	tnt	PROPN
taxlaw-2799	372	180	232	232	NUM
taxlaw-2799	372	181	-	-	SYM
taxlaw-2799	372	182	21	21	NUM
taxlaw-2799	372	183	;	;	PUNCT
taxlaw-2799	372	184	letter	letter	NOUN
taxlaw-2799	372	185	from	from	ADP
taxlaw-2799	372	186	isda	isda	PROPN
taxlaw-2799	372	187	to	to	ADP
taxlaw-2799	372	188	barbara	barbara	PROPN
taxlaw-2799	372	189	angus	angus	PROPN
taxlaw-2799	372	190	,	,	PUNCT
taxlaw-2799	372	191	int’l	int’l	NUM
taxlaw-2799	372	192	tax	tax	NOUN
taxlaw-2799	372	193	counsel	counsel	NOUN
taxlaw-2799	372	194	(	(	PUNCT
taxlaw-2799	372	195	nov	nov	PROPN
taxlaw-2799	372	196	.	.	PROPN
taxlaw-2799	372	197	21	21	NUM
taxlaw-2799	372	198	,	,	PUNCT
taxlaw-2799	372	199	2003	2003	NUM
taxlaw-2799	372	200	)	)	PUNCT
taxlaw-2799	372	201	,	,	PUNCT
taxlaw-2799	372	202	available	available	ADJ
taxlaw-2799	372	203	at	at	ADP
taxlaw-2799	372	204	2003	2003	NUM
taxlaw-2799	372	205	tnt	tnt	PROPN
taxlaw-2799	372	206	232	232	NUM
taxlaw-2799	372	207	-	-	SYM
taxlaw-2799	372	208	17	17	NUM
taxlaw-2799	372	209	;	;	PUNCT
taxlaw-2799	372	210	letter	letter	NOUN
taxlaw-2799	372	211	from	from	ADP
taxlaw-2799	372	212	isda	isda	PROPN
taxlaw-2799	372	213	to	to	ADP
taxlaw-2799	372	214	irs	irs	PROPN
taxlaw-2799	372	215	re	re	ADP
taxlaw-2799	372	216	:	:	PUNCT
taxlaw-2799	372	217	otice	otice	PROPN
taxlaw-2799	372	218	2003	2003	NUM
taxlaw-2799	372	219	-	-	SYM
taxlaw-2799	372	220	26	26	NUM
taxlaw-2799	372	221	:	:	PUNCT
taxlaw-2799	372	222	comments	comment	NOUN
taxlaw-2799	372	223	on	on	ADP
taxlaw-2799	372	224	recommendations	recommendation	NOUN
taxlaw-2799	372	225	for	for	ADP
taxlaw-2799	372	226	the	the	DET
taxlaw-2799	372	227	2003	2003	NUM
taxlaw-2799	372	228	-	-	SYM
taxlaw-2799	372	229	2004	2004	NUM
taxlaw-2799	372	230	guidance	guidance	NOUN
taxlaw-2799	372	231	priority	priority	NOUN
taxlaw-2799	372	232	list	list	NOUN
taxlaw-2799	372	233	(	(	PUNCT
taxlaw-2799	372	234	may	may	PROPN
taxlaw-2799	372	235	2	2	NUM
taxlaw-2799	372	236	,	,	PUNCT
taxlaw-2799	372	237	2003	2003	NUM
taxlaw-2799	372	238	)	)	PUNCT
taxlaw-2799	372	239	,	,	PUNCT
taxlaw-2799	372	240	available	available	ADJ
taxlaw-2799	372	241	at	at	ADP
taxlaw-2799	372	242	2003	2003	NUM
taxlaw-2799	372	243	tnt	tnt	PROPN
taxlaw-2799	372	244	118	118	NUM
taxlaw-2799	372	245	-	-	SYM
taxlaw-2799	372	246	26	26	NUM
taxlaw-2799	372	247	.	.	PUNCT
taxlaw-2799	373	1	as	as	SCONJ
taxlaw-2799	373	2	discussed	discuss	VERB
taxlaw-2799	373	3	in	in	ADP
taxlaw-2799	373	4	section	section	NOUN
taxlaw-2799	373	5	iv.c.1	iv.c.1	PROPN
taxlaw-2799	373	6	,	,	PUNCT
taxlaw-2799	373	7	below	below	ADV
taxlaw-2799	373	8	,	,	PUNCT
taxlaw-2799	373	9	the	the	DET
taxlaw-2799	373	10	tax	tax	NOUN
taxlaw-2799	373	11	characterization	characterization	NOUN
taxlaw-2799	373	12	of	of	ADP
taxlaw-2799	373	13	“	"	PUNCT
taxlaw-2799	373	14	pay	pay	NOUN
taxlaw-2799	373	15	as	as	SCONJ
taxlaw-2799	373	16	you	you	PRON
taxlaw-2799	373	17	go	go	VERB
taxlaw-2799	373	18	”	"	PUNCT
taxlaw-2799	373	19	cdss	cdss	PROPN
taxlaw-2799	373	20	has	have	AUX
taxlaw-2799	373	21	been	be	AUX
taxlaw-2799	373	22	raised	raise	VERB
taxlaw-2799	373	23	as	as	ADP
taxlaw-2799	373	24	an	an	DET
taxlaw-2799	373	25	issue	issue	NOUN
taxlaw-2799	373	26	in	in	ADP
taxlaw-2799	373	27	the	the	DET
taxlaw-2799	373	28	bankruptcy	bankruptcy	NOUN
taxlaw-2799	373	29	of	of	ADP
taxlaw-2799	373	30	a	a	DET
taxlaw-2799	373	31	major	major	ADJ
taxlaw-2799	373	32	financial	financial	ADJ
taxlaw-2799	373	33	guarantee	guarantee	NOUN
taxlaw-2799	373	34	insurance	insurance	NOUN
taxlaw-2799	373	35	company	company	NOUN
taxlaw-2799	373	36	.	.	PUNCT
taxlaw-2799	374	1	29	29	NUM
taxlaw-2799	374	2	treas	trea	NOUN
taxlaw-2799	374	3	.	.	PUNCT
taxlaw-2799	375	1	reg	reg	PROPN
taxlaw-2799	375	2	.	.	PUNCT
taxlaw-2799	376	1	§	§	PROPN
taxlaw-2799	376	2	1.446	1.446	NUM
taxlaw-2799	376	3	-	-	SYM
taxlaw-2799	376	4	3	3	NUM
taxlaw-2799	376	5	defines	define	NOUN
taxlaw-2799	376	6	a	a	DET
taxlaw-2799	376	7	“	"	PUNCT
taxlaw-2799	376	8	termination	termination	NOUN
taxlaw-2799	376	9	payment	payment	NOUN
taxlaw-2799	376	10	”	"	PUNCT
taxlaw-2799	376	11	as	as	ADP
taxlaw-2799	376	12	a	a	DET
taxlaw-2799	376	13	payment	payment	NOUN
taxlaw-2799	376	14	made	make	VERB
taxlaw-2799	376	15	or	or	CCONJ
taxlaw-2799	376	16	received	receive	VERB
taxlaw-2799	376	17	to	to	PART
taxlaw-2799	376	18	extinguish	extinguish	VERB
taxlaw-2799	376	19	or	or	CCONJ
taxlaw-2799	376	20	assign	assign	VERB
taxlaw-2799	376	21	all	all	PRON
taxlaw-2799	376	22	or	or	CCONJ
taxlaw-2799	376	23	a	a	DET
taxlaw-2799	376	24	proportionate	proportionate	ADJ
taxlaw-2799	376	25	part	part	NOUN
taxlaw-2799	376	26	of	of	ADP
taxlaw-2799	376	27	the	the	DET
taxlaw-2799	376	28	remaining	remain	VERB
taxlaw-2799	376	29	rights	right	NOUN
taxlaw-2799	376	30	and	and	CCONJ
taxlaw-2799	376	31	obligations	obligation	NOUN
taxlaw-2799	376	32	of	of	ADP
taxlaw-2799	376	33	any	any	DET
taxlaw-2799	376	34	party	party	NOUN
taxlaw-2799	376	35	under	under	ADP
taxlaw-2799	376	36	an	an	DET
taxlaw-2799	376	37	npc	npc	NOUN
taxlaw-2799	376	38	,	,	PUNCT
taxlaw-2799	376	39	and	and	CCONJ
taxlaw-2799	376	40	defines	define	VERB
taxlaw-2799	376	41	a	a	DET
taxlaw-2799	376	42	“	"	PUNCT
taxlaw-2799	376	43	nonperiodic	nonperiodic	ADJ
taxlaw-2799	376	44	payment	payment	NOUN
taxlaw-2799	376	45	”	"	PUNCT
taxlaw-2799	376	46	as	as	ADP
taxlaw-2799	376	47	any	any	DET
taxlaw-2799	376	48	payment	payment	NOUN
taxlaw-2799	376	49	other	other	ADJ
taxlaw-2799	376	50	than	than	ADP
taxlaw-2799	376	51	a	a	DET
taxlaw-2799	376	52	periodic	periodic	ADJ
taxlaw-2799	376	53	payment	payment	NOUN
taxlaw-2799	376	54	or	or	CCONJ
taxlaw-2799	376	55	a	a	DET
taxlaw-2799	376	56	termination	termination	NOUN
taxlaw-2799	376	57	payment	payment	NOUN
taxlaw-2799	376	58	.	.	PUNCT
taxlaw-2799	377	1	treas	treas	PROPN
taxlaw-2799	377	2	.	.	PUNCT
taxlaw-2799	378	1	reg	reg	PROPN
taxlaw-2799	378	2	.	.	PUNCT
taxlaw-2799	379	1	§	§	PROPN
taxlaw-2799	379	2	1.4463(h)(1	1.4463(h)(1	NUM
taxlaw-2799	379	3	)	)	PUNCT
taxlaw-2799	379	4	,	,	PUNCT
taxlaw-2799	379	5	(	(	PUNCT
taxlaw-2799	379	6	f)(1	f)(1	NOUN
taxlaw-2799	379	7	)	)	PUNCT
taxlaw-2799	379	8	(	(	PUNCT
taxlaw-2799	379	9	1994	1994	NUM
taxlaw-2799	379	10	)	)	PUNCT
taxlaw-2799	379	11	.	.	PUNCT
taxlaw-2799	380	1	the	the	DET
taxlaw-2799	380	2	service	service	NOUN
taxlaw-2799	380	3	also	also	ADV
taxlaw-2799	380	4	has	have	AUX
taxlaw-2799	380	5	taken	take	VERB
taxlaw-2799	380	6	the	the	DET
taxlaw-2799	380	7	position	position	NOUN
taxlaw-2799	380	8	,	,	PUNCT
taxlaw-2799	380	9	however	however	ADV
taxlaw-2799	380	10	,	,	PUNCT
taxlaw-2799	380	11	that	that	SCONJ
taxlaw-2799	380	12	a	a	DET
taxlaw-2799	380	13	“	"	PUNCT
taxlaw-2799	380	14	final	final	ADJ
taxlaw-2799	380	15	scheduled	schedule	VERB
taxlaw-2799	380	16	payment	payment	NOUN
taxlaw-2799	380	17	”	"	PUNCT
taxlaw-2799	380	18	is	be	AUX
taxlaw-2799	380	19	not	not	PART
taxlaw-2799	380	20	a	a	DET
taxlaw-2799	380	21	termination	termination	NOUN
taxlaw-2799	380	22	payment	payment	NOUN
taxlaw-2799	380	23	even	even	ADV
taxlaw-2799	380	24	though	though	SCONJ
taxlaw-2799	380	25	it	it	PRON
taxlaw-2799	380	26	by	by	ADP
taxlaw-2799	380	27	definition	definition	NOUN
taxlaw-2799	380	28	extinguishes	extinguish	VERB
taxlaw-2799	380	29	the	the	DET
taxlaw-2799	380	30	parties	party	NOUN
taxlaw-2799	380	31	’	’	PART
taxlaw-2799	380	32	rights	right	NOUN
taxlaw-2799	380	33	and	and	CCONJ
taxlaw-2799	380	34	obligations	obligation	NOUN
taxlaw-2799	380	35	under	under	ADP
taxlaw-2799	380	36	the	the	DET
taxlaw-2799	380	37	npc	npc	NOUN
taxlaw-2799	380	38	.	.	PUNCT
taxlaw-2799	381	1	prop	prop	PROPN
taxlaw-2799	381	2	.	.	PUNCT
taxlaw-2799	382	1	treas	treas	PROPN
taxlaw-2799	382	2	.	.	PUNCT
taxlaw-2799	383	1	reg	reg	PROPN
taxlaw-2799	383	2	.	.	PUNCT
taxlaw-2799	384	1	§	§	PROPN
taxlaw-2799	384	2	1.1234a-1(b	1.1234a-1(b	NUM
taxlaw-2799	384	3	)	)	PUNCT
taxlaw-2799	384	4	,	,	PUNCT
taxlaw-2799	384	5	69	69	NUM
taxlaw-2799	384	6	fed	feed	VERB
taxlaw-2799	384	7	.	.	PUNCT
taxlaw-2799	385	1	reg	reg	PROPN
taxlaw-2799	385	2	.	.	PUNCT
taxlaw-2799	385	3	8886	8886	NUM
taxlaw-2799	385	4	(	(	PUNCT
taxlaw-2799	385	5	feb	feb	PROPN
taxlaw-2799	385	6	.	.	PROPN
taxlaw-2799	385	7	26	26	NUM
taxlaw-2799	385	8	,	,	PUNCT
taxlaw-2799	385	9	2004	2004	NUM
taxlaw-2799	385	10	)	)	PUNCT
taxlaw-2799	385	11	.	.	PUNCT
taxlaw-2799	386	1	it	it	PRON
taxlaw-2799	386	2	is	be	AUX
taxlaw-2799	386	3	unclear	unclear	ADJ
taxlaw-2799	386	4	how	how	SCONJ
taxlaw-2799	386	5	a	a	DET
taxlaw-2799	386	6	final	final	ADJ
taxlaw-2799	386	7	payment	payment	NOUN
taxlaw-2799	386	8	that	that	PRON
taxlaw-2799	386	9	is	be	AUX
taxlaw-2799	386	10	provided	provide	VERB
taxlaw-2799	386	11	for	for	ADP
taxlaw-2799	386	12	in	in	ADP
taxlaw-2799	386	13	the	the	DET
taxlaw-2799	386	14	terms	term	NOUN
taxlaw-2799	386	15	of	of	ADP
taxlaw-2799	386	16	a	a	DET
taxlaw-2799	386	17	contract	contract	NOUN
taxlaw-2799	386	18	,	,	PUNCT
taxlaw-2799	386	19	but	but	CCONJ
taxlaw-2799	386	20	that	that	PRON
taxlaw-2799	386	21	is	be	AUX
taxlaw-2799	386	22	not	not	PART
taxlaw-2799	386	23	scheduled	schedule	VERB
taxlaw-2799	386	24	,	,	PUNCT
taxlaw-2799	386	25	such	such	ADJ
taxlaw-2799	386	26	as	as	ADP
taxlaw-2799	386	27	the	the	DET
taxlaw-2799	386	28	cash	cash	NOUN
taxlaw-2799	386	29	settlement	settlement	NOUN
taxlaw-2799	386	30	payment	payment	NOUN
taxlaw-2799	386	31	on	on	ADP
taxlaw-2799	386	32	a	a	DET
taxlaw-2799	386	33	cds	cd	NOUN
taxlaw-2799	386	34	,	,	PUNCT
taxlaw-2799	386	35	fits	fit	VERB
taxlaw-2799	386	36	into	into	ADP
taxlaw-2799	386	37	this	this	DET
taxlaw-2799	386	38	framework	framework	NOUN
taxlaw-2799	386	39	.	.	PUNCT
taxlaw-2799	387	1	2011	2011	NUM
taxlaw-2799	387	2	]	]	PUNCT
taxlaw-2799	387	3	ew	ew	AUX
taxlaw-2799	387	4	tax	tax	NOUN
taxlaw-2799	387	5	issues	issue	NOUN
taxlaw-2799	387	6	arisi	arisi	VERB
taxlaw-2799	387	7	g	g	PROPN
taxlaw-2799	387	8	from	from	ADP
taxlaw-2799	387	9	the	the	DET
taxlaw-2799	387	10	dodd	dodd	NOUN
taxlaw-2799	387	11	-	-	PUNCT
taxlaw-2799	387	12	fra	fra	PROPN
taxlaw-2799	387	13	k	k	PROPN
taxlaw-2799	387	14	act	act	PROPN
taxlaw-2799	387	15	19	19	NUM
taxlaw-2799	387	16	then	then	ADV
taxlaw-2799	387	17	one	one	NUM
taxlaw-2799	387	18	party	party	NOUN
taxlaw-2799	387	19	to	to	ADP
taxlaw-2799	387	20	the	the	DET
taxlaw-2799	387	21	swap	swap	NOUN
taxlaw-2799	387	22	would	would	AUX
taxlaw-2799	387	23	be	be	AUX
taxlaw-2799	387	24	treated	treat	VERB
taxlaw-2799	387	25	as	as	ADP
taxlaw-2799	387	26	lending	lend	VERB
taxlaw-2799	387	27	money	money	NOUN
taxlaw-2799	387	28	,	,	PUNCT
taxlaw-2799	387	29	and	and	CCONJ
taxlaw-2799	387	30	the	the	DET
taxlaw-2799	387	31	other	other	ADJ
taxlaw-2799	387	32	would	would	AUX
taxlaw-2799	387	33	be	be	AUX
taxlaw-2799	387	34	treated	treat	VERB
taxlaw-2799	387	35	as	as	ADP
taxlaw-2799	387	36	paying	pay	VERB
taxlaw-2799	387	37	interest	interest	NOUN
taxlaw-2799	387	38	.	.	PUNCT
taxlaw-2799	388	1	in	in	ADP
taxlaw-2799	388	2	addition	addition	NOUN
taxlaw-2799	388	3	,	,	PUNCT
taxlaw-2799	388	4	if	if	SCONJ
taxlaw-2799	388	5	a	a	DET
taxlaw-2799	388	6	cash	cash	NOUN
taxlaw-2799	388	7	settlement	settlement	NOUN
taxlaw-2799	388	8	payment	payment	NOUN
taxlaw-2799	388	9	were	be	AUX
taxlaw-2799	388	10	treated	treat	VERB
taxlaw-2799	388	11	as	as	ADP
taxlaw-2799	388	12	a	a	DET
taxlaw-2799	388	13	nonperiodic	nonperiodic	ADJ
taxlaw-2799	388	14	payment	payment	NOUN
taxlaw-2799	388	15	and	and	CCONJ
taxlaw-2799	388	16	not	not	PART
taxlaw-2799	388	17	as	as	ADP
taxlaw-2799	388	18	a	a	DET
taxlaw-2799	388	19	termination	termination	NOUN
taxlaw-2799	388	20	payment	payment	NOUN
taxlaw-2799	388	21	,	,	PUNCT
taxlaw-2799	388	22	then	then	ADV
taxlaw-2799	388	23	it	it	PRON
taxlaw-2799	388	24	seems	seem	VERB
taxlaw-2799	388	25	likely	likely	ADJ
taxlaw-2799	388	26	that	that	SCONJ
taxlaw-2799	388	27	the	the	DET
taxlaw-2799	388	28	proposed	propose	VERB
taxlaw-2799	388	29	regulations	regulation	NOUN
taxlaw-2799	388	30	addressing	address	VERB
taxlaw-2799	388	31	swaps	swap	NOUN
taxlaw-2799	388	32	with	with	ADP
taxlaw-2799	388	33	contingent	contingent	ADJ
taxlaw-2799	388	34	nonperiodic	nonperiodic	ADJ
taxlaw-2799	388	35	payments	payment	NOUN
taxlaw-2799	388	36	would	would	AUX
taxlaw-2799	388	37	apply	apply	VERB
taxlaw-2799	388	38	,	,	PUNCT
taxlaw-2799	388	39	unless	unless	SCONJ
taxlaw-2799	388	40	cds	cd	NOUN
taxlaw-2799	388	41	are	be	AUX
taxlaw-2799	388	42	carved	carve	VERB
taxlaw-2799	388	43	out	out	ADP
taxlaw-2799	388	44	of	of	ADP
taxlaw-2799	388	45	their	their	PRON
taxlaw-2799	388	46	scope	scope	NOUN
taxlaw-2799	388	47	.	.	PUNCT
taxlaw-2799	389	1	as	as	SCONJ
taxlaw-2799	389	2	described	describe	VERB
taxlaw-2799	389	3	above	above	ADV
taxlaw-2799	389	4	,	,	PUNCT
taxlaw-2799	389	5	the	the	DET
taxlaw-2799	389	6	proposed	propose	VERB
taxlaw-2799	389	7	regulations	regulation	NOUN
taxlaw-2799	389	8	would	would	AUX
taxlaw-2799	389	9	require	require	VERB
taxlaw-2799	389	10	a	a	DET
taxlaw-2799	389	11	taxpayer	taxpayer	NOUN
taxlaw-2799	389	12	that	that	PRON
taxlaw-2799	389	13	enters	enter	VERB
taxlaw-2799	389	14	into	into	ADP
taxlaw-2799	389	15	a	a	DET
taxlaw-2799	389	16	swap	swap	NOUN
taxlaw-2799	389	17	with	with	ADP
taxlaw-2799	389	18	a	a	DET
taxlaw-2799	389	19	contingent	contingent	ADJ
taxlaw-2799	389	20	nonperiodic	nonperiodic	ADJ
taxlaw-2799	389	21	payment	payment	NOUN
taxlaw-2799	389	22	to	to	PART
taxlaw-2799	389	23	accrue	accrue	VERB
taxlaw-2799	389	24	income	income	NOUN
taxlaw-2799	389	25	(	(	PUNCT
taxlaw-2799	389	26	or	or	CCONJ
taxlaw-2799	389	27	expense	expense	NOUN
taxlaw-2799	389	28	)	)	PUNCT
taxlaw-2799	389	29	in	in	ADP
taxlaw-2799	389	30	respect	respect	NOUN
taxlaw-2799	389	31	of	of	ADP
taxlaw-2799	389	32	that	that	DET
taxlaw-2799	389	33	final	final	ADJ
taxlaw-2799	389	34	payment	payment	NOUN
taxlaw-2799	389	35	.	.	PUNCT
taxlaw-2799	390	1	if	if	SCONJ
taxlaw-2799	390	2	these	these	DET
taxlaw-2799	390	3	regulations	regulation	NOUN
taxlaw-2799	390	4	applied	apply	VERB
taxlaw-2799	390	5	to	to	ADP
taxlaw-2799	390	6	cds	cd	NOUN
taxlaw-2799	390	7	,	,	PUNCT
taxlaw-2799	390	8	they	they	PRON
taxlaw-2799	390	9	could	could	AUX
taxlaw-2799	390	10	require	require	VERB
taxlaw-2799	390	11	a	a	DET
taxlaw-2799	390	12	protection	protection	NOUN
taxlaw-2799	390	13	buyer	buyer	NOUN
taxlaw-2799	390	14	to	to	PART
taxlaw-2799	390	15	accrue	accrue	VERB
taxlaw-2799	390	16	income	income	NOUN
taxlaw-2799	390	17	as	as	ADP
taxlaw-2799	390	18	a	a	DET
taxlaw-2799	390	19	result	result	NOUN
taxlaw-2799	390	20	of	of	ADP
taxlaw-2799	390	21	the	the	DET
taxlaw-2799	390	22	possibility	possibility	NOUN
taxlaw-2799	390	23	that	that	SCONJ
taxlaw-2799	390	24	the	the	DET
taxlaw-2799	390	25	protection	protection	NOUN
taxlaw-2799	390	26	buyer	buyer	NOUN
taxlaw-2799	390	27	may	may	AUX
taxlaw-2799	390	28	receive	receive	VERB
taxlaw-2799	390	29	a	a	DET
taxlaw-2799	390	30	settlement	settlement	NOUN
taxlaw-2799	390	31	payment	payment	NOUN
taxlaw-2799	390	32	if	if	SCONJ
taxlaw-2799	390	33	there	there	PRON
taxlaw-2799	390	34	is	be	VERB
taxlaw-2799	390	35	a	a	DET
taxlaw-2799	390	36	credit	credit	NOUN
taxlaw-2799	390	37	event	event	NOUN
taxlaw-2799	390	38	with	with	ADP
taxlaw-2799	390	39	respect	respect	NOUN
taxlaw-2799	390	40	to	to	ADP
taxlaw-2799	390	41	the	the	DET
taxlaw-2799	390	42	reference	reference	NOUN
taxlaw-2799	390	43	entity	entity	NOUN
taxlaw-2799	390	44	.	.	PUNCT
taxlaw-2799	391	1	conversely	conversely	ADV
taxlaw-2799	391	2	,	,	PUNCT
taxlaw-2799	391	3	the	the	DET
taxlaw-2799	391	4	regulations	regulation	NOUN
taxlaw-2799	391	5	could	could	AUX
taxlaw-2799	391	6	require	require	VERB
taxlaw-2799	391	7	a	a	DET
taxlaw-2799	391	8	protection	protection	NOUN
taxlaw-2799	391	9	seller	seller	NOUN
taxlaw-2799	391	10	to	to	PART
taxlaw-2799	391	11	accrue	accrue	VERB
taxlaw-2799	391	12	expense	expense	NOUN
taxlaw-2799	391	13	as	as	ADP
taxlaw-2799	391	14	a	a	DET
taxlaw-2799	391	15	result	result	NOUN
taxlaw-2799	391	16	of	of	ADP
taxlaw-2799	391	17	the	the	DET
taxlaw-2799	391	18	possibility	possibility	NOUN
taxlaw-2799	391	19	that	that	SCONJ
taxlaw-2799	391	20	it	it	PRON
taxlaw-2799	391	21	will	will	AUX
taxlaw-2799	391	22	have	have	AUX
taxlaw-2799	391	23	to	to	PART
taxlaw-2799	391	24	make	make	VERB
taxlaw-2799	391	25	a	a	DET
taxlaw-2799	391	26	future	future	ADJ
taxlaw-2799	391	27	settlement	settlement	NOUN
taxlaw-2799	391	28	payment	payment	NOUN
taxlaw-2799	391	29	.	.	PUNCT
taxlaw-2799	392	1	the	the	DET
taxlaw-2799	392	2	proposed	propose	VERB
taxlaw-2799	392	3	regulations	regulation	NOUN
taxlaw-2799	392	4	clearly	clearly	ADV
taxlaw-2799	392	5	were	be	AUX
taxlaw-2799	392	6	not	not	PART
taxlaw-2799	392	7	drafted	draft	VERB
taxlaw-2799	392	8	with	with	ADP
taxlaw-2799	392	9	cds	cd	NOUN
taxlaw-2799	392	10	in	in	ADP
taxlaw-2799	392	11	mind	mind	NOUN
taxlaw-2799	392	12	,	,	PUNCT
taxlaw-2799	392	13	however	however	ADV
taxlaw-2799	392	14	,	,	PUNCT
taxlaw-2799	392	15	and	and	CCONJ
taxlaw-2799	392	16	it	it	PRON
taxlaw-2799	392	17	is	be	AUX
taxlaw-2799	392	18	uncertain	uncertain	ADJ
taxlaw-2799	392	19	whether	whether	SCONJ
taxlaw-2799	392	20	cds	cd	NOUN
taxlaw-2799	392	21	will	will	AUX
taxlaw-2799	392	22	be	be	AUX
taxlaw-2799	392	23	included	include	VERB
taxlaw-2799	392	24	or	or	CCONJ
taxlaw-2799	392	25	excluded	exclude	VERB
taxlaw-2799	392	26	from	from	ADP
taxlaw-2799	392	27	the	the	DET
taxlaw-2799	392	28	scope	scope	NOUN
taxlaw-2799	392	29	of	of	ADP
taxlaw-2799	392	30	the	the	DET
taxlaw-2799	392	31	regulations	regulation	NOUN
taxlaw-2799	393	1	if	if	SCONJ
taxlaw-2799	393	2	and	and	CCONJ
taxlaw-2799	393	3	when	when	SCONJ
taxlaw-2799	393	4	finalized	finalize	VERB
taxlaw-2799	393	5	or	or	CCONJ
taxlaw-2799	393	6	reissued	reissue	VERB
taxlaw-2799	393	7	in	in	ADP
taxlaw-2799	393	8	proposed	propose	VERB
taxlaw-2799	393	9	form	form	NOUN
taxlaw-2799	393	10	.	.	PUNCT
taxlaw-2799	394	1	among	among	ADP
taxlaw-2799	394	2	the	the	DET
taxlaw-2799	394	3	uncertainties	uncertainty	NOUN
taxlaw-2799	394	4	about	about	ADP
taxlaw-2799	394	5	whether	whether	SCONJ
taxlaw-2799	394	6	and	and	CCONJ
taxlaw-2799	394	7	how	how	SCONJ
taxlaw-2799	394	8	these	these	DET
taxlaw-2799	394	9	regulations	regulation	NOUN
taxlaw-2799	394	10	might	might	AUX
taxlaw-2799	394	11	apply	apply	VERB
taxlaw-2799	394	12	to	to	ADP
taxlaw-2799	394	13	cds	cd	NOUN
taxlaw-2799	394	14	are	be	AUX
taxlaw-2799	394	15	(	(	PUNCT
taxlaw-2799	394	16	a	a	X
taxlaw-2799	394	17	)	)	PUNCT
taxlaw-2799	394	18	whether	whether	SCONJ
taxlaw-2799	394	19	a	a	DET
taxlaw-2799	394	20	cds	cd	NOUN
taxlaw-2799	394	21	contract	contract	NOUN
taxlaw-2799	394	22	is	be	AUX
taxlaw-2799	394	23	an	an	DET
taxlaw-2799	394	24	npc	npc	NOUN
taxlaw-2799	394	25	,	,	PUNCT
taxlaw-2799	394	26	(	(	PUNCT
taxlaw-2799	394	27	b	b	X
taxlaw-2799	394	28	)	)	PUNCT
taxlaw-2799	394	29	if	if	SCONJ
taxlaw-2799	394	30	so	so	ADV
taxlaw-2799	394	31	,	,	PUNCT
taxlaw-2799	394	32	whether	whether	SCONJ
taxlaw-2799	394	33	the	the	DET
taxlaw-2799	394	34	cds	cd	NOUN
taxlaw-2799	394	35	contract	contract	NOUN
taxlaw-2799	394	36	would	would	AUX
taxlaw-2799	394	37	be	be	AUX
taxlaw-2799	394	38	subject	subject	ADJ
taxlaw-2799	394	39	to	to	ADP
taxlaw-2799	394	40	these	these	DET
taxlaw-2799	394	41	proposed	propose	VERB
taxlaw-2799	394	42	regulations	regulation	NOUN
taxlaw-2799	394	43	,	,	PUNCT
taxlaw-2799	394	44	(	(	PUNCT
taxlaw-2799	394	45	c	c	X
taxlaw-2799	394	46	)	)	PUNCT
taxlaw-2799	394	47	whether	whether	SCONJ
taxlaw-2799	394	48	the	the	DET
taxlaw-2799	394	49	cash	cash	NOUN
taxlaw-2799	394	50	settlement	settlement	NOUN
taxlaw-2799	394	51	payment	payment	NOUN
taxlaw-2799	394	52	should	should	AUX
taxlaw-2799	394	53	be	be	AUX
taxlaw-2799	394	54	viewed	view	VERB
taxlaw-2799	394	55	as	as	ADP
taxlaw-2799	394	56	a	a	DET
taxlaw-2799	394	57	nonperiodic	nonperiodic	ADJ
taxlaw-2799	394	58	payment	payment	NOUN
taxlaw-2799	394	59	,	,	PUNCT
taxlaw-2799	394	60	rather	rather	ADV
taxlaw-2799	394	61	than	than	ADP
taxlaw-2799	394	62	a	a	DET
taxlaw-2799	394	63	termination	termination	NOUN
taxlaw-2799	394	64	payment	payment	NOUN
taxlaw-2799	394	65	,	,	PUNCT
taxlaw-2799	394	66	and	and	CCONJ
taxlaw-2799	394	67	(	(	PUNCT
taxlaw-2799	394	68	d	d	X
taxlaw-2799	394	69	)	)	PUNCT
taxlaw-2799	394	70	if	if	SCONJ
taxlaw-2799	394	71	so	so	ADV
taxlaw-2799	394	72	,	,	PUNCT
taxlaw-2799	394	73	how	how	SCONJ
taxlaw-2799	394	74	the	the	DET
taxlaw-2799	394	75	regulations	regulation	NOUN
taxlaw-2799	394	76	should	should	AUX
taxlaw-2799	394	77	be	be	AUX
taxlaw-2799	394	78	applied	apply	VERB
taxlaw-2799	394	79	in	in	ADP
taxlaw-2799	394	80	view	view	NOUN
taxlaw-2799	394	81	of	of	ADP
taxlaw-2799	394	82	the	the	DET
taxlaw-2799	394	83	fact	fact	NOUN
taxlaw-2799	394	84	that	that	SCONJ
taxlaw-2799	394	85	a	a	DET
taxlaw-2799	394	86	settlement	settlement	NOUN
taxlaw-2799	394	87	payment	payment	NOUN
taxlaw-2799	394	88	is	be	AUX
taxlaw-2799	394	89	uncertain	uncertain	ADJ
taxlaw-2799	394	90	not	not	PART
taxlaw-2799	394	91	only	only	ADV
taxlaw-2799	394	92	in	in	ADP
taxlaw-2799	394	93	amount	amount	NOUN
taxlaw-2799	394	94	(	(	PUNCT
taxlaw-2799	394	95	which	which	PRON
taxlaw-2799	394	96	the	the	DET
taxlaw-2799	394	97	regulations	regulation	NOUN
taxlaw-2799	394	98	envision	envision	VERB
taxlaw-2799	394	99	)	)	PUNCT
taxlaw-2799	394	100	but	but	CCONJ
taxlaw-2799	394	101	also	also	ADV
taxlaw-2799	394	102	as	as	ADP
taxlaw-2799	394	103	to	to	ADP
taxlaw-2799	394	104	timing	timing	NOUN
taxlaw-2799	394	105	(	(	PUNCT
taxlaw-2799	394	106	which	which	PRON
taxlaw-2799	394	107	the	the	DET
taxlaw-2799	394	108	regulations	regulation	NOUN
taxlaw-2799	394	109	do	do	AUX
taxlaw-2799	394	110	not	not	PART
taxlaw-2799	394	111	envision	envision	VERB
taxlaw-2799	394	112	)	)	PUNCT
taxlaw-2799	394	113	,	,	PUNCT
taxlaw-2799	394	114	or	or	CCONJ
taxlaw-2799	394	115	for	for	ADP
taxlaw-2799	394	116	that	that	DET
taxlaw-2799	394	117	matter	matter	NOUN
taxlaw-2799	394	118	whether	whether	SCONJ
taxlaw-2799	394	119	it	it	PRON
taxlaw-2799	394	120	will	will	AUX
taxlaw-2799	394	121	occur	occur	VERB
taxlaw-2799	394	122	at	at	ADV
taxlaw-2799	394	123	all	all	ADV
taxlaw-2799	394	124	(	(	PUNCT
taxlaw-2799	394	125	the	the	DET
taxlaw-2799	394	126	regulations	regulation	NOUN
taxlaw-2799	394	127	do	do	AUX
taxlaw-2799	394	128	not	not	PART
taxlaw-2799	394	129	envision	envision	VERB
taxlaw-2799	394	130	a	a	DET
taxlaw-2799	394	131	nonpayment	nonpayment	NOUN
taxlaw-2799	394	132	of	of	ADP
taxlaw-2799	394	133	a	a	DET
taxlaw-2799	394	134	contingent	contingent	NOUN
taxlaw-2799	394	135	amount).30	amount).30	VERB
taxlaw-2799	394	136	some	some	PRON
taxlaw-2799	394	137	of	of	ADP
taxlaw-2799	394	138	these	these	DET
taxlaw-2799	394	139	issues	issue	NOUN
taxlaw-2799	394	140	are	be	AUX
taxlaw-2799	394	141	discussed	discuss	VERB
taxlaw-2799	394	142	further	far	ADV
taxlaw-2799	394	143	in	in	ADP
taxlaw-2799	394	144	section	section	NOUN
taxlaw-2799	394	145	iv.d	iv.d	VERB
taxlaw-2799	394	146	,	,	PUNCT
taxlaw-2799	394	147	below	below	ADV
taxlaw-2799	394	148	.	.	PUNCT
taxlaw-2799	395	1	if	if	SCONJ
taxlaw-2799	395	2	,	,	PUNCT
taxlaw-2799	395	3	conversely	conversely	ADV
taxlaw-2799	395	4	,	,	PUNCT
taxlaw-2799	395	5	a	a	DET
taxlaw-2799	395	6	cds	cd	NOUN
taxlaw-2799	395	7	contract	contract	NOUN
taxlaw-2799	395	8	is	be	AUX
taxlaw-2799	395	9	properly	properly	ADV
taxlaw-2799	395	10	characterized	characterize	VERB
taxlaw-2799	395	11	as	as	ADP
taxlaw-2799	395	12	an	an	DET
taxlaw-2799	395	13	option	option	NOUN
taxlaw-2799	395	14	or	or	CCONJ
taxlaw-2799	395	15	series	series	NOUN
taxlaw-2799	395	16	of	of	ADP
taxlaw-2799	395	17	options	option	NOUN
taxlaw-2799	395	18	,	,	PUNCT
taxlaw-2799	395	19	it	it	PRON
taxlaw-2799	395	20	generally	generally	ADV
taxlaw-2799	395	21	would	would	AUX
taxlaw-2799	395	22	be	be	AUX
taxlaw-2799	395	23	subject	subject	ADJ
taxlaw-2799	395	24	to	to	ADP
taxlaw-2799	395	25	the	the	DET
taxlaw-2799	395	26	rules	rule	NOUN
taxlaw-2799	395	27	described	describe	VERB
taxlaw-2799	395	28	in	in	ADP
taxlaw-2799	395	29	section	section	NOUN
taxlaw-2799	395	30	i.b.2	i.b.2	VERB
taxlaw-2799	395	31	,	,	PUNCT
taxlaw-2799	395	32	above.31	above.31	PROPN
taxlaw-2799	395	33	c.	c.	NOUN
taxlaw-2799	395	34	overview	overview	NOUN
taxlaw-2799	395	35	of	of	ADP
taxlaw-2799	395	36	section	section	NOUN
taxlaw-2799	395	37	1256	1256	NUM
taxlaw-2799	395	38	.	.	PUNCT
taxlaw-2799	396	1	section	section	NOUN
taxlaw-2799	396	2	1256	1256	NUM
taxlaw-2799	396	3	was	be	AUX
taxlaw-2799	396	4	enacted	enact	VERB
taxlaw-2799	396	5	in	in	ADP
taxlaw-2799	396	6	1981	1981	NUM
taxlaw-2799	396	7	,	,	PUNCT
taxlaw-2799	396	8	as	as	ADP
taxlaw-2799	396	9	part	part	NOUN
taxlaw-2799	396	10	of	of	ADP
taxlaw-2799	396	11	a	a	DET
taxlaw-2799	396	12	package	package	NOUN
taxlaw-2799	396	13	of	of	ADP
taxlaw-2799	396	14	rules	rule	NOUN
taxlaw-2799	396	15	intended	intend	VERB
taxlaw-2799	396	16	to	to	PART
taxlaw-2799	396	17	shut	shut	VERB
taxlaw-2799	396	18	down	down	ADP
taxlaw-2799	396	19	“	"	PUNCT
taxlaw-2799	396	20	tax	tax	NOUN
taxlaw-2799	396	21	straddle	straddle	NOUN
taxlaw-2799	396	22	”	"	PUNCT
taxlaw-2799	396	23	transactions	transaction	NOUN
taxlaw-2799	396	24	in	in	ADP
taxlaw-2799	396	25	which	which	PRON
taxlaw-2799	396	26	taxpayers	taxpayer	NOUN
taxlaw-2799	396	27	sought	seek	VERB
taxlaw-2799	396	28	to	to	PART
taxlaw-2799	396	29	obtain	obtain	VERB
taxlaw-2799	396	30	timing	timing	NOUN
taxlaw-2799	396	31	and	and	CCONJ
taxlaw-2799	396	32	character	character	NOUN
taxlaw-2799	396	33	advantages	advantage	NOUN
taxlaw-2799	396	34	from	from	ADP
taxlaw-2799	396	35	taking	take	VERB
taxlaw-2799	396	36	largely	largely	ADV
taxlaw-2799	396	37	offsetting	offset	VERB
taxlaw-2799	396	38	positions	position	NOUN
taxlaw-2799	396	39	in	in	ADP
taxlaw-2799	396	40	,	,	PUNCT
taxlaw-2799	396	41	generally	generally	ADV
taxlaw-2799	396	42	,	,	PUNCT
taxlaw-2799	396	43	futures	future	NOUN
taxlaw-2799	396	44	contracts	contract	NOUN
taxlaw-2799	396	45	.	.	PUNCT
taxlaw-2799	397	1	as	as	SCONJ
taxlaw-2799	397	2	enacted	enact	VERB
taxlaw-2799	397	3	,	,	PUNCT
taxlaw-2799	397	4	§	§	PROPN
taxlaw-2799	397	5	1256	1256	NUM
taxlaw-2799	397	6	required	require	VERB
taxlaw-2799	397	7	that	that	SCONJ
taxlaw-2799	397	8	“	"	PUNCT
taxlaw-2799	397	9	regulated	regulated	ADJ
taxlaw-2799	397	10	futures	future	NOUN
taxlaw-2799	397	11	contracts	contract	NOUN
taxlaw-2799	397	12	”	"	PUNCT
taxlaw-2799	397	13	(	(	PUNCT
taxlaw-2799	397	14	“	"	PUNCT
taxlaw-2799	397	15	rfcs	rfcs	PROPN
taxlaw-2799	397	16	”	"	PUNCT
taxlaw-2799	397	17	)	)	PUNCT
taxlaw-2799	397	18	be	be	AUX
taxlaw-2799	397	19	marked	mark	VERB
taxlaw-2799	397	20	to	to	PART
taxlaw-2799	397	21	market	market	VERB
taxlaw-2799	397	22	at	at	ADP
taxlaw-2799	397	23	year	year	NOUN
taxlaw-2799	397	24	-	-	PUNCT
taxlaw-2799	397	25	end	end	NOUN
taxlaw-2799	397	26	,	,	PUNCT
taxlaw-2799	397	27	30	30	NUM
taxlaw-2799	397	28	for	for	ADP
taxlaw-2799	397	29	materials	material	NOUN
taxlaw-2799	397	30	addressing	address	VERB
taxlaw-2799	397	31	the	the	DET
taxlaw-2799	397	32	potential	potential	ADJ
taxlaw-2799	397	33	application	application	NOUN
taxlaw-2799	397	34	of	of	ADP
taxlaw-2799	397	35	these	these	DET
taxlaw-2799	397	36	regulations	regulation	NOUN
taxlaw-2799	397	37	to	to	ADP
taxlaw-2799	397	38	credit	credit	NOUN
taxlaw-2799	397	39	default	default	NOUN
taxlaw-2799	397	40	swaps	swap	NOUN
taxlaw-2799	397	41	,	,	PUNCT
taxlaw-2799	397	42	see	see	VERB
taxlaw-2799	397	43	letter	letter	NOUN
taxlaw-2799	397	44	from	from	ADP
taxlaw-2799	397	45	the	the	DET
taxlaw-2799	397	46	investment	investment	NOUN
taxlaw-2799	397	47	company	company	NOUN
taxlaw-2799	397	48	institute	institute	NOUN
taxlaw-2799	397	49	to	to	ADP
taxlaw-2799	397	50	gregory	gregory	PROPN
taxlaw-2799	397	51	f.	f.	PROPN
taxlaw-2799	397	52	jenner	jenner	PROPN
taxlaw-2799	397	53	,	,	PUNCT
taxlaw-2799	397	54	acting	act	VERB
taxlaw-2799	397	55	assistant	assistant	ADJ
taxlaw-2799	397	56	secretary	secretary	NOUN
taxlaw-2799	397	57	for	for	ADP
taxlaw-2799	397	58	tax	tax	NOUN
taxlaw-2799	397	59	policy	policy	NOUN
taxlaw-2799	397	60	,	,	PUNCT
taxlaw-2799	397	61	u.s	u.s	PROPN
taxlaw-2799	397	62	.	.	PROPN
taxlaw-2799	397	63	dep’t	dep’t	NOUN
taxlaw-2799	397	64	of	of	ADP
taxlaw-2799	397	65	the	the	DET
taxlaw-2799	397	66	treasury	treasury	NOUN
taxlaw-2799	397	67	,	,	PUNCT
taxlaw-2799	397	68	and	and	CCONJ
taxlaw-2799	397	69	donald	donald	PROPN
taxlaw-2799	397	70	korb	korb	PROPN
taxlaw-2799	397	71	,	,	PUNCT
taxlaw-2799	397	72	chief	chief	ADJ
taxlaw-2799	397	73	counsel	counsel	NOUN
taxlaw-2799	397	74	,	,	PUNCT
taxlaw-2799	397	75	irs	irs	PROPN
taxlaw-2799	397	76	(	(	PUNCT
taxlaw-2799	397	77	july	july	PROPN
taxlaw-2799	397	78	21	21	NUM
taxlaw-2799	397	79	,	,	PUNCT
taxlaw-2799	397	80	2004	2004	NUM
taxlaw-2799	397	81	)	)	PUNCT
taxlaw-2799	397	82	(	(	PUNCT
taxlaw-2799	397	83	on	on	ADP
taxlaw-2799	397	84	file	file	NOUN
taxlaw-2799	397	85	with	with	ADP
taxlaw-2799	397	86	author	author	NOUN
taxlaw-2799	397	87	)	)	PUNCT
taxlaw-2799	397	88	(	(	PUNCT
taxlaw-2799	397	89	letter	letter	NOUN
taxlaw-2799	397	90	concerning	concern	VERB
taxlaw-2799	397	91	proposed	propose	VERB
taxlaw-2799	397	92	regulations	regulation	NOUN
taxlaw-2799	397	93	on	on	ADP
taxlaw-2799	397	94	notional	notional	ADJ
taxlaw-2799	397	95	principal	principal	ADJ
taxlaw-2799	397	96	contracts	contract	NOUN
taxlaw-2799	397	97	with	with	ADP
taxlaw-2799	397	98	contingent	contingent	ADJ
taxlaw-2799	397	99	nonperiodic	nonperiodic	ADJ
taxlaw-2799	397	100	payments	payment	NOUN
taxlaw-2799	397	101	)	)	PUNCT
taxlaw-2799	397	102	,	,	PUNCT
taxlaw-2799	397	103	2004	2004	NUM
taxlaw-2799	397	104	tnt	tnt	PROPN
taxlaw-2799	397	105	147	147	NUM
taxlaw-2799	397	106	-	-	SYM
taxlaw-2799	397	107	14	14	NUM
taxlaw-2799	397	108	;	;	PUNCT
taxlaw-2799	397	109	lee	lee	PROPN
taxlaw-2799	397	110	a.	a.	PROPN
taxlaw-2799	397	111	sheppard	sheppard	PROPN
taxlaw-2799	397	112	,	,	PUNCT
taxlaw-2799	397	113	retail	retail	ADJ
taxlaw-2799	397	114	credit	credit	NOUN
taxlaw-2799	397	115	derivatives	derivative	NOUN
taxlaw-2799	397	116	,	,	PUNCT
taxlaw-2799	397	117	105	105	NUM
taxlaw-2799	397	118	tax	tax	NOUN
taxlaw-2799	397	119	notes	note	NOUN
taxlaw-2799	397	120	126	126	NUM
taxlaw-2799	397	121	(	(	PUNCT
taxlaw-2799	397	122	2004	2004	NUM
taxlaw-2799	397	123	)	)	PUNCT
taxlaw-2799	397	124	;	;	PUNCT
taxlaw-2799	397	125	munro	munro	PROPN
taxlaw-2799	397	126	,	,	PUNCT
taxlaw-2799	397	127	supra	supra	PROPN
taxlaw-2799	397	128	note	note	NOUN
taxlaw-2799	397	129	28	28	NUM
taxlaw-2799	397	130	.	.	PUNCT
taxlaw-2799	397	131	31	31	NUM
taxlaw-2799	397	132	because	because	SCONJ
taxlaw-2799	397	133	npcs	npc	NOUN
taxlaw-2799	397	134	include	include	VERB
taxlaw-2799	397	135	interest	interest	NOUN
taxlaw-2799	397	136	rate	rate	NOUN
taxlaw-2799	397	137	caps	cap	NOUN
taxlaw-2799	397	138	and	and	CCONJ
taxlaw-2799	397	139	floors	floor	NOUN
taxlaw-2799	397	140	,	,	PUNCT
taxlaw-2799	397	141	which	which	PRON
taxlaw-2799	397	142	consist	consist	VERB
taxlaw-2799	397	143	of	of	ADP
taxlaw-2799	397	144	multiple	multiple	ADJ
taxlaw-2799	397	145	options	option	NOUN
taxlaw-2799	397	146	,	,	PUNCT
taxlaw-2799	397	147	it	it	PRON
taxlaw-2799	397	148	is	be	AUX
taxlaw-2799	397	149	conceivable	conceivable	ADJ
taxlaw-2799	397	150	although	although	SCONJ
taxlaw-2799	397	151	unlikely	unlikely	ADJ
taxlaw-2799	397	152	that	that	SCONJ
taxlaw-2799	397	153	if	if	SCONJ
taxlaw-2799	397	154	a	a	DET
taxlaw-2799	397	155	cds	cd	NOUN
taxlaw-2799	397	156	contract	contract	NOUN
taxlaw-2799	397	157	constitutes	constitute	VERB
taxlaw-2799	397	158	a	a	DET
taxlaw-2799	397	159	series	series	NOUN
taxlaw-2799	397	160	of	of	ADP
taxlaw-2799	397	161	options	option	NOUN
taxlaw-2799	397	162	,	,	PUNCT
taxlaw-2799	397	163	it	it	PRON
taxlaw-2799	397	164	could	could	AUX
taxlaw-2799	397	165	be	be	AUX
taxlaw-2799	397	166	an	an	DET
taxlaw-2799	397	167	npc	npc	NOUN
taxlaw-2799	397	168	even	even	ADV
taxlaw-2799	397	169	though	though	SCONJ
taxlaw-2799	397	170	a	a	DET
taxlaw-2799	397	171	single	single	ADJ
taxlaw-2799	397	172	option	option	NOUN
taxlaw-2799	397	173	can	can	AUX
taxlaw-2799	397	174	not	not	PART
taxlaw-2799	397	175	be	be	AUX
taxlaw-2799	397	176	an	an	DET
taxlaw-2799	397	177	npc	npc	NOUN
taxlaw-2799	397	178	.	.	PROPN
taxlaw-2799	397	179	20	20	NUM
taxlaw-2799	397	180	columbia	columbia	PROPN
taxlaw-2799	397	181	jour	jour	PROPN
taxlaw-2799	397	182	al	al	PROPN
taxlaw-2799	397	183	of	of	ADP
taxlaw-2799	397	184	tax	tax	NOUN
taxlaw-2799	397	185	law	law	NOUN
taxlaw-2799	397	186	[	[	X
taxlaw-2799	397	187	vol	vol	NOUN
taxlaw-2799	397	188	.	.	PUNCT
taxlaw-2799	397	189	2:1	2:1	NUM
taxlaw-2799	397	190	meaning	mean	VERB
taxlaw-2799	397	191	that	that	SCONJ
taxlaw-2799	397	192	gain	gain	NOUN
taxlaw-2799	397	193	or	or	CCONJ
taxlaw-2799	397	194	loss	loss	NOUN
taxlaw-2799	397	195	on	on	ADP
taxlaw-2799	397	196	the	the	DET
taxlaw-2799	397	197	rfc	rfc	NOUN
taxlaw-2799	397	198	was	be	AUX
taxlaw-2799	397	199	required	require	VERB
taxlaw-2799	397	200	to	to	PART
taxlaw-2799	397	201	be	be	AUX
taxlaw-2799	397	202	taken	take	VERB
taxlaw-2799	397	203	into	into	ADP
taxlaw-2799	397	204	account	account	NOUN
taxlaw-2799	397	205	as	as	SCONJ
taxlaw-2799	397	206	if	if	SCONJ
taxlaw-2799	397	207	the	the	DET
taxlaw-2799	397	208	rfc	rfc	NOUN
taxlaw-2799	397	209	had	have	AUX
taxlaw-2799	397	210	been	be	AUX
taxlaw-2799	397	211	sold	sell	VERB
taxlaw-2799	397	212	at	at	ADP
taxlaw-2799	397	213	year	year	NOUN
taxlaw-2799	397	214	-	-	PUNCT
taxlaw-2799	397	215	end	end	NOUN
taxlaw-2799	397	216	.	.	PUNCT
taxlaw-2799	398	1	to	to	PART
taxlaw-2799	398	2	soften	soften	VERB
taxlaw-2799	398	3	the	the	DET
taxlaw-2799	398	4	mark	mark	NOUN
taxlaw-2799	398	5	-	-	PUNCT
taxlaw-2799	398	6	to	to	ADP
taxlaw-2799	398	7	-	-	PUNCT
taxlaw-2799	398	8	market	market	NOUN
taxlaw-2799	398	9	blow	blow	NOUN
taxlaw-2799	398	10	,	,	PUNCT
taxlaw-2799	398	11	§	§	PROPN
taxlaw-2799	398	12	1256	1256	NUM
taxlaw-2799	398	13	also	also	ADV
taxlaw-2799	398	14	provided	provide	VERB
taxlaw-2799	398	15	that	that	DET
taxlaw-2799	398	16	gain	gain	NOUN
taxlaw-2799	398	17	or	or	CCONJ
taxlaw-2799	398	18	loss	loss	NOUN
taxlaw-2799	398	19	on	on	ADP
taxlaw-2799	398	20	rfcs	rfcs	PROPN
taxlaw-2799	398	21	would	would	AUX
taxlaw-2799	398	22	be	be	AUX
taxlaw-2799	398	23	treated	treat	VERB
taxlaw-2799	398	24	as	as	ADP
taxlaw-2799	398	25	60	60	NUM
taxlaw-2799	398	26	%	%	NOUN
taxlaw-2799	398	27	long	long	ADJ
taxlaw-2799	398	28	-	-	PUNCT
taxlaw-2799	398	29	term	term	NOUN
taxlaw-2799	398	30	and	and	CCONJ
taxlaw-2799	398	31	40	40	NUM
taxlaw-2799	398	32	%	%	NOUN
taxlaw-2799	398	33	short	short	ADJ
taxlaw-2799	398	34	-	-	PUNCT
taxlaw-2799	398	35	term	term	NOUN
taxlaw-2799	398	36	,	,	PUNCT
taxlaw-2799	398	37	notwithstanding	notwithstanding	ADP
taxlaw-2799	398	38	the	the	DET
taxlaw-2799	398	39	fact	fact	NOUN
taxlaw-2799	398	40	that	that	SCONJ
taxlaw-2799	398	41	futures	future	NOUN
taxlaw-2799	398	42	contracts	contract	NOUN
taxlaw-2799	398	43	typically	typically	ADV
taxlaw-2799	398	44	have	have	AUX
taxlaw-2799	398	45	a	a	DET
taxlaw-2799	398	46	term	term	NOUN
taxlaw-2799	398	47	of	of	ADP
taxlaw-2799	398	48	no	no	DET
taxlaw-2799	398	49	more	more	ADJ
taxlaw-2799	398	50	than	than	ADP
taxlaw-2799	398	51	three	three	NUM
taxlaw-2799	398	52	months	month	NOUN
taxlaw-2799	398	53	.	.	PUNCT
taxlaw-2799	399	1	for	for	ADP
taxlaw-2799	399	2	this	this	DET
taxlaw-2799	399	3	purpose	purpose	NOUN
taxlaw-2799	399	4	,	,	PUNCT
taxlaw-2799	399	5	an	an	DET
taxlaw-2799	399	6	rfc	rfc	NOUN
taxlaw-2799	399	7	was	be	AUX
taxlaw-2799	399	8	defined	define	VERB
taxlaw-2799	399	9	as	as	ADP
taxlaw-2799	399	10	a	a	DET
taxlaw-2799	399	11	contract	contract	NOUN
taxlaw-2799	399	12	(	(	PUNCT
taxlaw-2799	399	13	i	i	NOUN
taxlaw-2799	399	14	)	)	PUNCT
taxlaw-2799	399	15	that	that	PRON
taxlaw-2799	399	16	requires	require	VERB
taxlaw-2799	399	17	delivery	delivery	NOUN
taxlaw-2799	399	18	of	of	ADP
taxlaw-2799	399	19	personal	personal	ADJ
taxlaw-2799	399	20	property	property	NOUN
taxlaw-2799	399	21	or	or	CCONJ
taxlaw-2799	399	22	an	an	DET
taxlaw-2799	399	23	interest	interest	NOUN
taxlaw-2799	399	24	therein	therein	ADV
taxlaw-2799	399	25	,	,	PUNCT
taxlaw-2799	399	26	(	(	PUNCT
taxlaw-2799	399	27	ii	ii	NOUN
taxlaw-2799	399	28	)	)	PUNCT
taxlaw-2799	399	29	with	with	ADP
taxlaw-2799	399	30	respect	respect	NOUN
taxlaw-2799	399	31	to	to	ADP
taxlaw-2799	399	32	which	which	PRON
taxlaw-2799	399	33	the	the	DET
taxlaw-2799	399	34	amount	amount	NOUN
taxlaw-2799	399	35	required	require	VERB
taxlaw-2799	399	36	to	to	PART
taxlaw-2799	399	37	be	be	AUX
taxlaw-2799	399	38	deposited	deposit	VERB
taxlaw-2799	399	39	and	and	CCONJ
taxlaw-2799	399	40	the	the	DET
taxlaw-2799	399	41	amount	amount	NOUN
taxlaw-2799	399	42	which	which	PRON
taxlaw-2799	399	43	may	may	AUX
taxlaw-2799	399	44	be	be	AUX
taxlaw-2799	399	45	withdrawn	withdraw	VERB
taxlaw-2799	399	46	depends	depend	VERB
taxlaw-2799	399	47	on	on	ADP
taxlaw-2799	399	48	a	a	DET
taxlaw-2799	399	49	system	system	NOUN
taxlaw-2799	399	50	of	of	ADP
taxlaw-2799	399	51	marking	mark	VERB
taxlaw-2799	399	52	to	to	ADP
taxlaw-2799	399	53	market	market	NOUN
taxlaw-2799	399	54	,	,	PUNCT
taxlaw-2799	399	55	and	and	CCONJ
taxlaw-2799	399	56	(	(	PUNCT
taxlaw-2799	399	57	iii	iii	NOUN
taxlaw-2799	399	58	)	)	PUNCT
taxlaw-2799	399	59	that	that	PRON
taxlaw-2799	399	60	is	be	AUX
taxlaw-2799	399	61	“	"	PUNCT
taxlaw-2799	399	62	traded	trade	VERB
taxlaw-2799	399	63	on	on	ADP
taxlaw-2799	399	64	or	or	CCONJ
taxlaw-2799	399	65	subject	subject	VERB
taxlaw-2799	399	66	to	to	ADP
taxlaw-2799	399	67	the	the	DET
taxlaw-2799	399	68	rules	rule	NOUN
taxlaw-2799	399	69	of	of	ADP
taxlaw-2799	399	70	”	"	PUNCT
taxlaw-2799	399	71	a	a	DET
taxlaw-2799	399	72	domestic	domestic	ADJ
taxlaw-2799	399	73	board	board	NOUN
taxlaw-2799	399	74	of	of	ADP
taxlaw-2799	399	75	trade	trade	NOUN
taxlaw-2799	399	76	designated	designate	VERB
taxlaw-2799	399	77	as	as	ADP
taxlaw-2799	399	78	a	a	DET
taxlaw-2799	399	79	contract	contract	NOUN
taxlaw-2799	399	80	market	market	NOUN
taxlaw-2799	399	81	by	by	ADP
taxlaw-2799	399	82	the	the	DET
taxlaw-2799	399	83	commodity	commodity	NOUN
taxlaw-2799	399	84	futures	futures	PROPN
taxlaw-2799	399	85	trading	trading	NOUN
taxlaw-2799	399	86	commission	commission	NOUN
taxlaw-2799	399	87	(	(	PUNCT
taxlaw-2799	399	88	“	"	PUNCT
taxlaw-2799	399	89	cftc	cftc	PROPN
taxlaw-2799	399	90	”	"	PUNCT
taxlaw-2799	399	91	)	)	PUNCT
taxlaw-2799	399	92	or	or	CCONJ
taxlaw-2799	399	93	certain	certain	ADJ
taxlaw-2799	399	94	other	other	ADJ
taxlaw-2799	399	95	exchanges	exchange	NOUN
taxlaw-2799	399	96	.	.	PUNCT
taxlaw-2799	400	1	at	at	ADP
taxlaw-2799	400	2	the	the	DET
taxlaw-2799	400	3	time	time	NOUN
taxlaw-2799	400	4	,	,	PUNCT
taxlaw-2799	400	5	this	this	DET
taxlaw-2799	400	6	definition	definition	NOUN
taxlaw-2799	400	7	gave	give	VERB
taxlaw-2799	400	8	rise	rise	NOUN
taxlaw-2799	400	9	to	to	ADP
taxlaw-2799	400	10	no	no	DET
taxlaw-2799	400	11	confusion	confusion	NOUN
taxlaw-2799	400	12	,	,	PUNCT
taxlaw-2799	400	13	as	as	SCONJ
taxlaw-2799	400	14	it	it	PRON
taxlaw-2799	400	15	was	be	AUX
taxlaw-2799	400	16	tailored	tailor	VERB
taxlaw-2799	400	17	to	to	ADP
taxlaw-2799	400	18	the	the	DET
taxlaw-2799	400	19	terms	term	NOUN
taxlaw-2799	400	20	of	of	ADP
taxlaw-2799	400	21	futures	future	NOUN
taxlaw-2799	400	22	contracts	contract	NOUN
taxlaw-2799	400	23	trading	trading	NOUN
taxlaw-2799	400	24	on	on	ADP
taxlaw-2799	400	25	cftc	cftc	PROPN
taxlaw-2799	400	26	-	-	PUNCT
taxlaw-2799	400	27	approved	approve	VERB
taxlaw-2799	400	28	exchanges	exchange	NOUN
taxlaw-2799	400	29	.	.	PUNCT
taxlaw-2799	401	1	very	very	ADV
taxlaw-2799	401	2	generally	generally	ADV
taxlaw-2799	401	3	,	,	PUNCT
taxlaw-2799	401	4	a	a	DET
taxlaw-2799	401	5	futures	future	NOUN
taxlaw-2799	401	6	contract	contract	NOUN
taxlaw-2799	401	7	of	of	ADP
taxlaw-2799	401	8	this	this	DET
taxlaw-2799	401	9	kind	kind	NOUN
taxlaw-2799	401	10	was	be	AUX
taxlaw-2799	401	11	a	a	DET
taxlaw-2799	401	12	contract	contract	NOUN
taxlaw-2799	401	13	with	with	ADP
taxlaw-2799	401	14	standardized	standardized	ADJ
taxlaw-2799	401	15	terms	term	NOUN
taxlaw-2799	401	16	for	for	ADP
taxlaw-2799	401	17	the	the	DET
taxlaw-2799	401	18	future	future	ADJ
taxlaw-2799	401	19	delivery	delivery	NOUN
taxlaw-2799	401	20	of	of	ADP
taxlaw-2799	401	21	a	a	DET
taxlaw-2799	401	22	commodity	commodity	NOUN
taxlaw-2799	401	23	,	,	PUNCT
taxlaw-2799	401	24	with	with	ADP
taxlaw-2799	401	25	a	a	DET
taxlaw-2799	401	26	single	single	ADJ
taxlaw-2799	401	27	payment	payment	NOUN
taxlaw-2799	401	28	made	make	VERB
taxlaw-2799	401	29	at	at	ADP
taxlaw-2799	401	30	maturity	maturity	NOUN
taxlaw-2799	401	31	in	in	ADP
taxlaw-2799	401	32	exchange	exchange	NOUN
taxlaw-2799	401	33	for	for	ADP
taxlaw-2799	401	34	the	the	DET
taxlaw-2799	401	35	delivery	delivery	NOUN
taxlaw-2799	401	36	of	of	ADP
taxlaw-2799	401	37	the	the	DET
taxlaw-2799	401	38	commodity	commodity	NOUN
taxlaw-2799	401	39	.	.	PUNCT
taxlaw-2799	402	1	the	the	DET
taxlaw-2799	402	2	contract	contract	NOUN
taxlaw-2799	402	3	was	be	AUX
taxlaw-2799	402	4	traded	trade	VERB
taxlaw-2799	402	5	on	on	ADP
taxlaw-2799	402	6	an	an	DET
taxlaw-2799	402	7	exchange	exchange	NOUN
taxlaw-2799	402	8	through	through	ADP
taxlaw-2799	402	9	“	"	PUNCT
taxlaw-2799	402	10	open	open	ADJ
taxlaw-2799	402	11	outcry	outcry	NOUN
taxlaw-2799	402	12	”	"	PUNCT
taxlaw-2799	402	13	(	(	PUNCT
taxlaw-2799	402	14	traders	trader	NOUN
taxlaw-2799	402	15	standing	stand	VERB
taxlaw-2799	402	16	in	in	ADP
taxlaw-2799	402	17	pits	pit	NOUN
taxlaw-2799	402	18	and	and	CCONJ
taxlaw-2799	402	19	signaling	signal	VERB
taxlaw-2799	402	20	each	each	DET
taxlaw-2799	402	21	other	other	ADJ
taxlaw-2799	402	22	through	through	ADP
taxlaw-2799	402	23	hand	hand	NOUN
taxlaw-2799	402	24	movements	movement	NOUN
taxlaw-2799	402	25	)	)	PUNCT
taxlaw-2799	402	26	under	under	ADP
taxlaw-2799	402	27	cftc	cftc	PROPN
taxlaw-2799	402	28	rules	rule	NOUN
taxlaw-2799	402	29	.	.	PUNCT
taxlaw-2799	403	1	under	under	ADP
taxlaw-2799	403	2	the	the	DET
taxlaw-2799	403	3	exchange	exchange	NOUN
taxlaw-2799	403	4	rules	rule	NOUN
taxlaw-2799	403	5	,	,	PUNCT
taxlaw-2799	403	6	a	a	DET
taxlaw-2799	403	7	clearinghouse	clearinghouse	NOUN
taxlaw-2799	403	8	then	then	ADV
taxlaw-2799	403	9	interposed	interpose	VERB
taxlaw-2799	403	10	itself	itself	PRON
taxlaw-2799	403	11	between	between	ADP
taxlaw-2799	403	12	the	the	DET
taxlaw-2799	403	13	two	two	NUM
taxlaw-2799	403	14	parties	party	NOUN
taxlaw-2799	403	15	to	to	ADP
taxlaw-2799	403	16	the	the	DET
taxlaw-2799	403	17	contract	contract	NOUN
taxlaw-2799	403	18	as	as	ADP
taxlaw-2799	403	19	effectively	effectively	ADV
taxlaw-2799	403	20	a	a	DET
taxlaw-2799	403	21	guarantor	guarantor	NOUN
taxlaw-2799	403	22	of	of	ADP
taxlaw-2799	403	23	the	the	DET
taxlaw-2799	403	24	parties	party	NOUN
taxlaw-2799	403	25	’	’	PART
taxlaw-2799	403	26	obligations	obligation	NOUN
taxlaw-2799	403	27	.	.	PUNCT
taxlaw-2799	404	1	as	as	ADP
taxlaw-2799	404	2	a	a	DET
taxlaw-2799	404	3	legal	legal	ADJ
taxlaw-2799	404	4	matter	matter	NOUN
taxlaw-2799	404	5	,	,	PUNCT
taxlaw-2799	404	6	the	the	DET
taxlaw-2799	404	7	clearinghouse	clearinghouse	NOUN
taxlaw-2799	404	8	became	become	VERB
taxlaw-2799	404	9	the	the	DET
taxlaw-2799	404	10	legal	legal	ADJ
taxlaw-2799	404	11	counterparty	counterparty	NOUN
taxlaw-2799	404	12	to	to	ADP
taxlaw-2799	404	13	each	each	DET
taxlaw-2799	404	14	side	side	NOUN
taxlaw-2799	404	15	of	of	ADP
taxlaw-2799	404	16	the	the	DET
taxlaw-2799	404	17	transaction	transaction	NOUN
taxlaw-2799	404	18	.	.	PUNCT
taxlaw-2799	405	1	the	the	DET
taxlaw-2799	405	2	credit	credit	NOUN
taxlaw-2799	405	3	support	support	NOUN
taxlaw-2799	405	4	provided	provide	VERB
taxlaw-2799	405	5	by	by	ADP
taxlaw-2799	405	6	the	the	DET
taxlaw-2799	405	7	clearinghouse	clearinghouse	NOUN
taxlaw-2799	405	8	was	be	AUX
taxlaw-2799	405	9	derived	derive	VERB
taxlaw-2799	405	10	from	from	ADP
taxlaw-2799	405	11	collateral	collateral	NOUN
taxlaw-2799	405	12	and	and	CCONJ
taxlaw-2799	405	13	guarantees	guarantee	NOUN
taxlaw-2799	405	14	provided	provide	VERB
taxlaw-2799	405	15	by	by	ADP
taxlaw-2799	405	16	the	the	DET
taxlaw-2799	405	17	futures	future	NOUN
taxlaw-2799	405	18	commission	commission	NOUN
taxlaw-2799	405	19	merchants	merchant	NOUN
taxlaw-2799	405	20	(	(	PUNCT
taxlaw-2799	405	21	the	the	DET
taxlaw-2799	405	22	equivalent	equivalent	NOUN
taxlaw-2799	405	23	of	of	ADP
taxlaw-2799	405	24	brokers	broker	NOUN
taxlaw-2799	405	25	in	in	ADP
taxlaw-2799	405	26	the	the	DET
taxlaw-2799	405	27	commodities	commodity	NOUN
taxlaw-2799	405	28	world	world	NOUN
taxlaw-2799	405	29	)	)	PUNCT
taxlaw-2799	405	30	acting	act	VERB
taxlaw-2799	405	31	for	for	ADP
taxlaw-2799	405	32	each	each	DET
taxlaw-2799	405	33	party	party	NOUN
taxlaw-2799	405	34	,	,	PUNCT
taxlaw-2799	405	35	as	as	ADV
taxlaw-2799	405	36	well	well	ADV
taxlaw-2799	405	37	as	as	ADP
taxlaw-2799	405	38	a	a	DET
taxlaw-2799	405	39	small	small	ADJ
taxlaw-2799	405	40	amount	amount	NOUN
taxlaw-2799	405	41	of	of	ADP
taxlaw-2799	405	42	initial	initial	ADJ
taxlaw-2799	405	43	margin	margin	NOUN
taxlaw-2799	405	44	required	require	VERB
taxlaw-2799	405	45	from	from	ADP
taxlaw-2799	405	46	both	both	DET
taxlaw-2799	405	47	parties	party	NOUN
taxlaw-2799	405	48	to	to	ADP
taxlaw-2799	405	49	the	the	DET
taxlaw-2799	405	50	contract	contract	NOUN
taxlaw-2799	405	51	.	.	PUNCT
taxlaw-2799	406	1	on	on	ADP
taxlaw-2799	406	2	a	a	DET
taxlaw-2799	406	3	daily	daily	ADJ
taxlaw-2799	406	4	basis	basis	NOUN
taxlaw-2799	406	5	,	,	PUNCT
taxlaw-2799	406	6	as	as	SCONJ
taxlaw-2799	406	7	the	the	DET
taxlaw-2799	406	8	contract	contract	NOUN
taxlaw-2799	406	9	gained	gain	VERB
taxlaw-2799	406	10	or	or	CCONJ
taxlaw-2799	406	11	lost	lose	VERB
taxlaw-2799	406	12	value	value	NOUN
taxlaw-2799	406	13	as	as	ADP
taxlaw-2799	406	14	a	a	DET
taxlaw-2799	406	15	result	result	NOUN
taxlaw-2799	406	16	of	of	ADP
taxlaw-2799	406	17	changes	change	NOUN
taxlaw-2799	406	18	in	in	ADP
taxlaw-2799	406	19	commodities	commodity	NOUN
taxlaw-2799	406	20	prices	price	NOUN
taxlaw-2799	406	21	and	and	CCONJ
taxlaw-2799	406	22	market	market	NOUN
taxlaw-2799	406	23	expectations	expectation	NOUN
taxlaw-2799	406	24	,	,	PUNCT
taxlaw-2799	406	25	the	the	DET
taxlaw-2799	406	26	“	"	PUNCT
taxlaw-2799	406	27	losing	losing	NOUN
taxlaw-2799	406	28	”	"	PUNCT
taxlaw-2799	406	29	party	party	NOUN
taxlaw-2799	406	30	was	be	AUX
taxlaw-2799	406	31	obligated	obligate	VERB
taxlaw-2799	406	32	to	to	PART
taxlaw-2799	406	33	put	put	VERB
taxlaw-2799	406	34	up	up	ADP
taxlaw-2799	406	35	additional	additional	ADJ
taxlaw-2799	406	36	“	"	PUNCT
taxlaw-2799	406	37	variation	variation	NOUN
taxlaw-2799	406	38	margin	margin	NOUN
taxlaw-2799	406	39	”	"	PUNCT
taxlaw-2799	406	40	in	in	ADP
taxlaw-2799	406	41	the	the	DET
taxlaw-2799	406	42	form	form	NOUN
taxlaw-2799	406	43	of	of	ADP
taxlaw-2799	406	44	cash	cash	NOUN
taxlaw-2799	406	45	,	,	PUNCT
taxlaw-2799	406	46	which	which	DET
taxlaw-2799	406	47	cash	cash	NOUN
taxlaw-2799	406	48	was	be	AUX
taxlaw-2799	406	49	deposited	deposit	VERB
taxlaw-2799	406	50	in	in	ADP
taxlaw-2799	406	51	the	the	DET
taxlaw-2799	406	52	account	account	NOUN
taxlaw-2799	406	53	of	of	ADP
taxlaw-2799	406	54	the	the	DET
taxlaw-2799	406	55	“	"	PUNCT
taxlaw-2799	406	56	gaining	gaining	NOUN
taxlaw-2799	406	57	”	"	PUNCT
taxlaw-2799	406	58	party.32	party.32	VERB
taxlaw-2799	406	59	the	the	DET
taxlaw-2799	406	60	definition	definition	NOUN
taxlaw-2799	406	61	of	of	ADP
taxlaw-2799	406	62	rfc	rfc	PROPN
taxlaw-2799	406	63	as	as	SCONJ
taxlaw-2799	406	64	originally	originally	ADV
taxlaw-2799	406	65	enacted	enact	VERB
taxlaw-2799	406	66	was	be	AUX
taxlaw-2799	406	67	short	short	ADV
taxlaw-2799	406	68	-	-	PUNCT
taxlaw-2799	406	69	lived	live	VERB
taxlaw-2799	406	70	.	.	PUNCT
taxlaw-2799	407	1	in	in	ADP
taxlaw-2799	407	2	1982	1982	NUM
taxlaw-2799	407	3	,	,	PUNCT
taxlaw-2799	407	4	§	§	PROPN
taxlaw-2799	407	5	1256	1256	NUM
taxlaw-2799	407	6	was	be	AUX
taxlaw-2799	407	7	amended	amend	VERB
taxlaw-2799	407	8	to	to	PART
taxlaw-2799	407	9	delete	delete	VERB
taxlaw-2799	407	10	the	the	DET
taxlaw-2799	407	11	delivery	delivery	NOUN
taxlaw-2799	407	12	requirement	requirement	NOUN
taxlaw-2799	407	13	for	for	ADP
taxlaw-2799	407	14	rfcs	rfc	NOUN
taxlaw-2799	407	15	,	,	PUNCT
taxlaw-2799	407	16	and	and	CCONJ
taxlaw-2799	407	17	to	to	PART
taxlaw-2799	407	18	add	add	VERB
taxlaw-2799	407	19	a	a	DET
taxlaw-2799	407	20	new	new	ADJ
taxlaw-2799	407	21	category	category	NOUN
taxlaw-2799	407	22	of	of	ADP
taxlaw-2799	407	23	financial	financial	ADJ
taxlaw-2799	407	24	instruments	instrument	NOUN
taxlaw-2799	407	25	subject	subject	ADJ
taxlaw-2799	407	26	to	to	ADP
taxlaw-2799	407	27	§	§	PROPN
taxlaw-2799	407	28	1256	1256	NUM
taxlaw-2799	407	29	,	,	PUNCT
taxlaw-2799	407	30	“	"	PUNCT
taxlaw-2799	407	31	foreign	foreign	ADJ
taxlaw-2799	407	32	currency	currency	NOUN
taxlaw-2799	407	33	contracts	contract	NOUN
taxlaw-2799	407	34	.	.	PUNCT
taxlaw-2799	407	35	”	"	PUNCT
taxlaw-2799	408	1	a	a	DET
taxlaw-2799	408	2	foreign	foreign	ADJ
taxlaw-2799	408	3	currency	currency	NOUN
taxlaw-2799	408	4	contract	contract	NOUN
taxlaw-2799	408	5	was	be	AUX
taxlaw-2799	408	6	defined	define	VERB
taxlaw-2799	408	7	as	as	ADP
taxlaw-2799	408	8	a	a	DET
taxlaw-2799	408	9	contract	contract	NOUN
taxlaw-2799	408	10	that	that	PRON
taxlaw-2799	408	11	requires	require	VERB
taxlaw-2799	408	12	delivery	delivery	NOUN
taxlaw-2799	408	13	of	of	ADP
taxlaw-2799	408	14	a	a	DET
taxlaw-2799	408	15	foreign	foreign	ADJ
taxlaw-2799	408	16	currency	currency	NOUN
taxlaw-2799	408	17	in	in	ADP
taxlaw-2799	408	18	which	which	PRON
taxlaw-2799	408	19	positions	position	NOUN
taxlaw-2799	408	20	are	be	AUX
taxlaw-2799	408	21	also	also	ADV
taxlaw-2799	408	22	traded	trade	VERB
taxlaw-2799	408	23	through	through	ADP
taxlaw-2799	408	24	rfcs	rfc	NOUN
taxlaw-2799	408	25	,	,	PUNCT
taxlaw-2799	408	26	that	that	PRON
taxlaw-2799	408	27	is	be	AUX
taxlaw-2799	408	28	traded	trade	VERB
taxlaw-2799	408	29	in	in	ADP
taxlaw-2799	408	30	the	the	DET
taxlaw-2799	408	31	interbank	interbank	NOUN
taxlaw-2799	408	32	market	market	NOUN
taxlaw-2799	408	33	,	,	PUNCT
taxlaw-2799	408	34	and	and	CCONJ
taxlaw-2799	408	35	that	that	PRON
taxlaw-2799	408	36	is	be	AUX
taxlaw-2799	408	37	entered	enter	VERB
taxlaw-2799	408	38	into	into	ADP
taxlaw-2799	408	39	at	at	ADP
taxlaw-2799	408	40	a	a	DET
taxlaw-2799	408	41	price	price	NOUN
taxlaw-2799	408	42	determined	determine	VERB
taxlaw-2799	408	43	by	by	ADP
taxlaw-2799	408	44	reference	reference	NOUN
taxlaw-2799	408	45	to	to	ADP
taxlaw-2799	408	46	interbank	interbank	NOUN
taxlaw-2799	408	47	market	market	NOUN
taxlaw-2799	408	48	prices	price	NOUN
taxlaw-2799	408	49	.	.	PUNCT
taxlaw-2799	409	1	section	section	NOUN
taxlaw-2799	409	2	1256	1256	NUM
taxlaw-2799	409	3	was	be	AUX
taxlaw-2799	409	4	again	again	ADV
taxlaw-2799	409	5	amended	amend	VERB
taxlaw-2799	409	6	in	in	ADP
taxlaw-2799	409	7	1984	1984	NUM
taxlaw-2799	409	8	and	and	CCONJ
taxlaw-2799	409	9	2000	2000	NUM
taxlaw-2799	409	10	to	to	PART
taxlaw-2799	409	11	add	add	VERB
taxlaw-2799	409	12	three	three	NUM
taxlaw-2799	409	13	additional	additional	ADJ
taxlaw-2799	409	14	categories	category	NOUN
taxlaw-2799	409	15	of	of	ADP
taxlaw-2799	409	16	contracts	contract	NOUN
taxlaw-2799	409	17	subject	subject	ADJ
taxlaw-2799	409	18	to	to	ADP
taxlaw-2799	409	19	§	§	PROPN
taxlaw-2799	409	20	1256	1256	NUM
taxlaw-2799	409	21	—	—	PUNCT
taxlaw-2799	409	22	nonequity	nonequity	NOUN
taxlaw-2799	409	23	options	option	NOUN
taxlaw-2799	409	24	,	,	PUNCT
taxlaw-2799	409	25	dealer	dealer	NOUN
taxlaw-2799	409	26	equity	equity	NOUN
taxlaw-2799	409	27	options	option	NOUN
taxlaw-2799	409	28	,	,	PUNCT
taxlaw-2799	409	29	and	and	CCONJ
taxlaw-2799	409	30	dealer	dealer	NOUN
taxlaw-2799	409	31	securities	security	NOUN
taxlaw-2799	409	32	futures	future	NOUN
taxlaw-2799	409	33	contracts	contract	NOUN
taxlaw-2799	409	34	.	.	PUNCT
taxlaw-2799	410	1	dealer	dealer	NOUN
taxlaw-2799	410	2	equity	equity	NOUN
taxlaw-2799	410	3	options	option	NOUN
taxlaw-2799	410	4	are	be	AUX
taxlaw-2799	410	5	options	option	NOUN
taxlaw-2799	410	6	on	on	ADP
taxlaw-2799	410	7	single	single	ADJ
taxlaw-2799	410	8	stocks	stock	NOUN
taxlaw-2799	410	9	,	,	PUNCT
taxlaw-2799	410	10	such	such	ADJ
taxlaw-2799	410	11	as	as	ADP
taxlaw-2799	410	12	an	an	DET
taxlaw-2799	410	13	option	option	NOUN
taxlaw-2799	410	14	on	on	ADP
taxlaw-2799	410	15	ibm	ibm	PROPN
taxlaw-2799	410	16	stock	stock	NOUN
taxlaw-2799	410	17	,	,	PUNCT
taxlaw-2799	410	18	that	that	PRON
taxlaw-2799	410	19	are	be	AUX
taxlaw-2799	410	20	traded	trade	VERB
taxlaw-2799	410	21	by	by	ADP
taxlaw-2799	410	22	options	option	NOUN
taxlaw-2799	410	23	market	market	NOUN
taxlaw-2799	410	24	makers	maker	NOUN
taxlaw-2799	410	25	on	on	ADP
taxlaw-2799	410	26	securities	security	NOUN
taxlaw-2799	410	27	exchanges	exchange	NOUN
taxlaw-2799	410	28	.	.	PUNCT
taxlaw-2799	411	1	the	the	DET
taxlaw-2799	411	2	term	term	NOUN
taxlaw-2799	411	3	“	"	PUNCT
taxlaw-2799	411	4	nonequity	nonequity	NOUN
taxlaw-2799	411	5	option	option	NOUN
taxlaw-2799	411	6	”	"	PUNCT
taxlaw-2799	411	7	is	be	AUX
taxlaw-2799	411	8	somewhat	somewhat	ADV
taxlaw-2799	411	9	misleading	misleading	ADJ
taxlaw-2799	411	10	;	;	PUNCT
taxlaw-2799	411	11	it	it	PRON
taxlaw-2799	411	12	is	be	AUX
taxlaw-2799	411	13	defined	define	VERB
taxlaw-2799	411	14	as	as	ADP
taxlaw-2799	411	15	any	any	DET
taxlaw-2799	411	16	listed	list	VERB
taxlaw-2799	411	17	option	option	NOUN
taxlaw-2799	411	18	that	that	PRON
taxlaw-2799	411	19	is	be	AUX
taxlaw-2799	411	20	not	not	PART
taxlaw-2799	411	21	an	an	DET
taxlaw-2799	411	22	“	"	PUNCT
taxlaw-2799	411	23	equity	equity	NOUN
taxlaw-2799	411	24	option	option	NOUN
taxlaw-2799	411	25	,	,	PUNCT
taxlaw-2799	411	26	”	"	PUNCT
taxlaw-2799	411	27	a	a	DET
taxlaw-2799	411	28	term	term	NOUN
taxlaw-2799	411	29	that	that	PRON
taxlaw-2799	411	30	has	have	VERB
taxlaw-2799	411	31	a	a	DET
taxlaw-2799	411	32	narrower	narrow	ADJ
taxlaw-2799	411	33	meaning	meaning	NOUN
taxlaw-2799	411	34	32	32	NUM
taxlaw-2799	411	35	the	the	DET
taxlaw-2799	411	36	clearing	clearing	NOUN
taxlaw-2799	411	37	and	and	CCONJ
taxlaw-2799	411	38	trading	trading	NOUN
taxlaw-2799	411	39	of	of	ADP
taxlaw-2799	411	40	futures	future	NOUN
taxlaw-2799	411	41	contracts	contract	NOUN
taxlaw-2799	411	42	is	be	AUX
taxlaw-2799	411	43	described	describe	VERB
taxlaw-2799	411	44	in	in	ADP
taxlaw-2799	411	45	more	more	ADJ
taxlaw-2799	411	46	detail	detail	NOUN
taxlaw-2799	411	47	in	in	ADP
taxlaw-2799	411	48	section	section	NOUN
taxlaw-2799	411	49	ii.a.1	ii.a.1	NOUN
taxlaw-2799	411	50	,	,	PUNCT
taxlaw-2799	411	51	below	below	ADV
taxlaw-2799	411	52	.	.	PUNCT
taxlaw-2799	412	1	2011	2011	NUM
taxlaw-2799	412	2	]	]	PUNCT
taxlaw-2799	412	3	ew	ew	AUX
taxlaw-2799	412	4	tax	tax	NOUN
taxlaw-2799	412	5	issues	issue	NOUN
taxlaw-2799	412	6	arisi	arisi	VERB
taxlaw-2799	412	7	g	g	PROPN
taxlaw-2799	412	8	from	from	ADP
taxlaw-2799	412	9	the	the	DET
taxlaw-2799	412	10	dodd	dodd	NOUN
taxlaw-2799	412	11	-	-	PUNCT
taxlaw-2799	412	12	fra	fra	PROPN
taxlaw-2799	412	13	k	k	PROPN
taxlaw-2799	412	14	act	act	PROPN
taxlaw-2799	412	15	21	21	NUM
taxlaw-2799	412	16	than	than	SCONJ
taxlaw-2799	412	17	might	might	AUX
taxlaw-2799	412	18	initially	initially	ADV
taxlaw-2799	412	19	appear	appear	VERB
taxlaw-2799	412	20	.	.	PUNCT
taxlaw-2799	413	1	as	as	ADP
taxlaw-2799	413	2	a	a	DET
taxlaw-2799	413	3	result	result	NOUN
taxlaw-2799	413	4	of	of	ADP
taxlaw-2799	413	5	the	the	DET
taxlaw-2799	413	6	historical	historical	ADJ
taxlaw-2799	413	7	division	division	NOUN
taxlaw-2799	413	8	of	of	ADP
taxlaw-2799	413	9	responsibility	responsibility	NOUN
taxlaw-2799	413	10	between	between	ADP
taxlaw-2799	413	11	the	the	DET
taxlaw-2799	413	12	securities	securities	PROPN
taxlaw-2799	413	13	&	&	CCONJ
taxlaw-2799	413	14	exchange	exchange	PROPN
taxlaw-2799	413	15	commission	commission	PROPN
taxlaw-2799	413	16	(	(	PUNCT
taxlaw-2799	413	17	“	"	PUNCT
taxlaw-2799	413	18	sec	sec	PROPN
taxlaw-2799	413	19	”	"	PUNCT
taxlaw-2799	413	20	)	)	PUNCT
taxlaw-2799	413	21	(	(	PUNCT
taxlaw-2799	413	22	single	single	ADJ
taxlaw-2799	413	23	stocks	stock	NOUN
taxlaw-2799	413	24	and	and	CCONJ
taxlaw-2799	413	25	narrow	narrow	ADJ
taxlaw-2799	413	26	-	-	PUNCT
taxlaw-2799	413	27	based	base	VERB
taxlaw-2799	413	28	equity	equity	NOUN
taxlaw-2799	413	29	indices	index	NOUN
taxlaw-2799	413	30	)	)	PUNCT
taxlaw-2799	413	31	and	and	CCONJ
taxlaw-2799	413	32	the	the	DET
taxlaw-2799	413	33	cftc	cftc	PROPN
taxlaw-2799	413	34	(	(	PUNCT
taxlaw-2799	413	35	broad	broad	ADV
taxlaw-2799	413	36	-	-	PUNCT
taxlaw-2799	413	37	based	base	VERB
taxlaw-2799	413	38	equity	equity	NOUN
taxlaw-2799	413	39	indices	index	NOUN
taxlaw-2799	413	40	)	)	PUNCT
taxlaw-2799	413	41	,	,	PUNCT
taxlaw-2799	413	42	the	the	DET
taxlaw-2799	413	43	term	term	NOUN
taxlaw-2799	413	44	covers	cover	VERB
taxlaw-2799	413	45	listed	list	VERB
taxlaw-2799	413	46	options	option	NOUN
taxlaw-2799	413	47	on	on	ADP
taxlaw-2799	413	48	broad	broad	ADV
taxlaw-2799	413	49	-	-	PUNCT
taxlaw-2799	413	50	based	base	VERB
taxlaw-2799	413	51	stock	stock	NOUN
taxlaw-2799	413	52	indices	index	NOUN
taxlaw-2799	413	53	,	,	PUNCT
taxlaw-2799	413	54	like	like	ADP
taxlaw-2799	413	55	the	the	DET
taxlaw-2799	413	56	s&p	s&p	PROPN
taxlaw-2799	413	57	500	500	NUM
taxlaw-2799	413	58	,	,	PUNCT
taxlaw-2799	413	59	as	as	ADV
taxlaw-2799	413	60	well	well	ADV
taxlaw-2799	413	61	as	as	ADP
taxlaw-2799	413	62	options	option	NOUN
taxlaw-2799	413	63	on	on	ADP
taxlaw-2799	413	64	truly	truly	ADV
taxlaw-2799	413	65	nonequity	nonequity	ADJ
taxlaw-2799	413	66	risks	risk	NOUN
taxlaw-2799	413	67	like	like	ADP
taxlaw-2799	413	68	options	option	NOUN
taxlaw-2799	413	69	on	on	ADP
taxlaw-2799	413	70	commodity	commodity	NOUN
taxlaw-2799	413	71	futures	future	NOUN
taxlaw-2799	413	72	contracts	contract	NOUN
taxlaw-2799	413	73	,	,	PUNCT
taxlaw-2799	413	74	options	option	NOUN
taxlaw-2799	413	75	on	on	ADP
taxlaw-2799	413	76	treasury	treasury	NOUN
taxlaw-2799	413	77	bond	bond	NOUN
taxlaw-2799	413	78	futures	future	NOUN
taxlaw-2799	413	79	,	,	PUNCT
taxlaw-2799	413	80	and	and	CCONJ
taxlaw-2799	413	81	options	option	NOUN
taxlaw-2799	413	82	on	on	ADP
taxlaw-2799	413	83	foreign	foreign	ADJ
taxlaw-2799	413	84	currency	currency	NOUN
taxlaw-2799	413	85	futures	future	NOUN
taxlaw-2799	413	86	.	.	PUNCT
taxlaw-2799	414	1	dealer	dealer	NOUN
taxlaw-2799	414	2	securities	security	NOUN
taxlaw-2799	414	3	futures	future	NOUN
taxlaw-2799	414	4	contracts	contract	NOUN
taxlaw-2799	414	5	are	be	AUX
taxlaw-2799	414	6	futures	future	NOUN
taxlaw-2799	414	7	contracts	contract	NOUN
taxlaw-2799	414	8	on	on	ADP
taxlaw-2799	414	9	single	single	ADJ
taxlaw-2799	414	10	stocks	stock	NOUN
taxlaw-2799	414	11	,	,	PUNCT
taxlaw-2799	414	12	and	and	CCONJ
taxlaw-2799	414	13	options	option	NOUN
taxlaw-2799	414	14	thereon	thereon	NOUN
taxlaw-2799	414	15	,	,	PUNCT
taxlaw-2799	414	16	that	that	PRON
taxlaw-2799	414	17	are	be	AUX
taxlaw-2799	414	18	traded	trade	VERB
taxlaw-2799	414	19	by	by	ADP
taxlaw-2799	414	20	taxpayers	taxpayer	NOUN
taxlaw-2799	414	21	treated	treat	VERB
taxlaw-2799	414	22	for	for	ADP
taxlaw-2799	414	23	tax	tax	NOUN
taxlaw-2799	414	24	purposes	purpose	NOUN
taxlaw-2799	414	25	as	as	ADP
taxlaw-2799	414	26	dealers	dealer	NOUN
taxlaw-2799	414	27	therein	therein	ADV
taxlaw-2799	414	28	.	.	PUNCT
taxlaw-2799	415	1	like	like	ADP
taxlaw-2799	415	2	rfcs	rfcs	PROPN
taxlaw-2799	415	3	,	,	PUNCT
taxlaw-2799	415	4	nonequity	nonequity	NOUN
taxlaw-2799	415	5	options	option	NOUN
taxlaw-2799	415	6	and	and	CCONJ
taxlaw-2799	415	7	dealer	dealer	NOUN
taxlaw-2799	415	8	securities	security	NOUN
taxlaw-2799	415	9	futures	future	NOUN
taxlaw-2799	415	10	contracts	contract	NOUN
taxlaw-2799	415	11	are	be	AUX
taxlaw-2799	415	12	traded	trade	VERB
taxlaw-2799	415	13	on	on	ADP
taxlaw-2799	415	14	cftc	cftc	PROPN
taxlaw-2799	415	15	-	-	PUNCT
taxlaw-2799	415	16	regulated	regulate	VERB
taxlaw-2799	415	17	exchanges	exchange	NOUN
taxlaw-2799	415	18	.	.	PUNCT
taxlaw-2799	416	1	collectively	collectively	ADV
taxlaw-2799	416	2	,	,	PUNCT
taxlaw-2799	416	3	the	the	DET
taxlaw-2799	416	4	contracts	contract	NOUN
taxlaw-2799	416	5	subject	subject	ADJ
taxlaw-2799	416	6	to	to	ADP
taxlaw-2799	416	7	§	§	PROPN
taxlaw-2799	416	8	1256	1256	NUM
taxlaw-2799	416	9	are	be	AUX
taxlaw-2799	416	10	now	now	ADV
taxlaw-2799	416	11	categorized	categorize	VERB
taxlaw-2799	416	12	as	as	ADP
taxlaw-2799	416	13	“	"	PUNCT
taxlaw-2799	416	14	section	section	NOUN
taxlaw-2799	416	15	1256	1256	NUM
taxlaw-2799	416	16	contracts	contract	NOUN
taxlaw-2799	416	17	.	.	PUNCT
taxlaw-2799	416	18	”	"	PUNCT
taxlaw-2799	417	1	the	the	DET
taxlaw-2799	417	2	history	history	NOUN
taxlaw-2799	417	3	of	of	ADP
taxlaw-2799	417	4	several	several	ADJ
taxlaw-2799	417	5	of	of	ADP
taxlaw-2799	417	6	these	these	DET
taxlaw-2799	417	7	provisions	provision	NOUN
taxlaw-2799	417	8	is	be	AUX
taxlaw-2799	417	9	discussed	discuss	VERB
taxlaw-2799	417	10	in	in	ADP
taxlaw-2799	417	11	more	more	ADJ
taxlaw-2799	417	12	detail	detail	NOUN
taxlaw-2799	417	13	in	in	ADP
taxlaw-2799	417	14	part	part	NOUN
taxlaw-2799	417	15	iii	iii	NOUN
taxlaw-2799	417	16	below	below	ADV
taxlaw-2799	417	17	.	.	PUNCT
taxlaw-2799	418	1	d.	d.	PROPN
taxlaw-2799	418	2	overview	overview	NOUN
taxlaw-2799	418	3	of	of	ADP
taxlaw-2799	418	4	other	other	ADJ
taxlaw-2799	418	5	special	special	ADJ
taxlaw-2799	418	6	tax	tax	NOUN
taxlaw-2799	418	7	rules	rule	NOUN
taxlaw-2799	418	8	for	for	ADP
taxlaw-2799	418	9	derivatives	derivative	NOUN
taxlaw-2799	418	10	1	1	NUM
taxlaw-2799	418	11	.	.	PUNCT
taxlaw-2799	418	12	hedging	hedging	NOUN
taxlaw-2799	418	13	transactions	transaction	NOUN
taxlaw-2799	418	14	.	.	PUNCT
taxlaw-2799	419	1	a	a	DET
taxlaw-2799	419	2	very	very	ADV
taxlaw-2799	419	3	common	common	ADJ
taxlaw-2799	419	4	purpose	purpose	NOUN
taxlaw-2799	419	5	for	for	ADP
taxlaw-2799	419	6	entering	enter	VERB
taxlaw-2799	419	7	into	into	ADP
taxlaw-2799	419	8	a	a	DET
taxlaw-2799	419	9	derivative	derivative	ADJ
taxlaw-2799	419	10	financial	financial	ADJ
taxlaw-2799	419	11	instrument	instrument	NOUN
taxlaw-2799	419	12	is	be	AUX
taxlaw-2799	419	13	to	to	PART
taxlaw-2799	419	14	hedge	hedge	VERB
taxlaw-2799	419	15	a	a	DET
taxlaw-2799	419	16	risk	risk	NOUN
taxlaw-2799	419	17	or	or	CCONJ
taxlaw-2799	419	18	exposure	exposure	NOUN
taxlaw-2799	419	19	deriving	derive	VERB
taxlaw-2799	419	20	either	either	CCONJ
taxlaw-2799	419	21	from	from	ADP
taxlaw-2799	419	22	an	an	DET
taxlaw-2799	419	23	asset	asset	NOUN
taxlaw-2799	419	24	held	hold	VERB
taxlaw-2799	419	25	or	or	CCONJ
taxlaw-2799	419	26	to	to	PART
taxlaw-2799	419	27	be	be	AUX
taxlaw-2799	419	28	held	hold	VERB
taxlaw-2799	419	29	by	by	ADP
taxlaw-2799	419	30	a	a	DET
taxlaw-2799	419	31	taxpayer	taxpayer	NOUN
taxlaw-2799	419	32	or	or	CCONJ
taxlaw-2799	419	33	a	a	DET
taxlaw-2799	419	34	liability	liability	NOUN
taxlaw-2799	419	35	issued	issue	VERB
taxlaw-2799	419	36	or	or	CCONJ
taxlaw-2799	419	37	to	to	PART
taxlaw-2799	419	38	be	be	AUX
taxlaw-2799	419	39	issued	issue	VERB
taxlaw-2799	419	40	by	by	ADP
taxlaw-2799	419	41	a	a	DET
taxlaw-2799	419	42	taxpayer	taxpayer	NOUN
taxlaw-2799	419	43	.	.	PUNCT
taxlaw-2799	420	1	while	while	SCONJ
taxlaw-2799	420	2	the	the	DET
taxlaw-2799	420	3	history	history	NOUN
taxlaw-2799	420	4	of	of	ADP
taxlaw-2799	420	5	the	the	DET
taxlaw-2799	420	6	tax	tax	NOUN
taxlaw-2799	420	7	rules	rule	NOUN
taxlaw-2799	420	8	for	for	ADP
taxlaw-2799	420	9	hedging	hedging	NOUN
taxlaw-2799	420	10	transactions	transaction	NOUN
taxlaw-2799	420	11	is	be	AUX
taxlaw-2799	420	12	long	long	ADJ
taxlaw-2799	420	13	and	and	CCONJ
taxlaw-2799	420	14	not	not	PART
taxlaw-2799	420	15	always	always	ADV
taxlaw-2799	420	16	untroubled	untroubled	ADJ
taxlaw-2799	420	17	,	,	PUNCT
taxlaw-2799	420	18	under	under	ADP
taxlaw-2799	420	19	current	current	ADJ
taxlaw-2799	420	20	law	law	NOUN
taxlaw-2799	420	21	the	the	DET
taxlaw-2799	420	22	tax	tax	NOUN
taxlaw-2799	420	23	rules	rule	NOUN
taxlaw-2799	420	24	for	for	ADP
taxlaw-2799	420	25	hedging	hedge	VERB
taxlaw-2799	420	26	ordinary	ordinary	ADJ
taxlaw-2799	420	27	business	business	NOUN
taxlaw-2799	420	28	assets	asset	NOUN
taxlaw-2799	420	29	or	or	CCONJ
taxlaw-2799	420	30	liabilities	liability	NOUN
taxlaw-2799	420	31	is	be	AUX
taxlaw-2799	420	32	fairly	fairly	ADV
taxlaw-2799	420	33	straightforward	straightforward	ADJ
taxlaw-2799	420	34	.	.	PUNCT
taxlaw-2799	421	1	section	section	NOUN
taxlaw-2799	421	2	1221(a)(7	1221(a)(7	NUM
taxlaw-2799	421	3	)	)	PUNCT
taxlaw-2799	421	4	provides	provide	VERB
taxlaw-2799	421	5	that	that	SCONJ
taxlaw-2799	421	6	the	the	DET
taxlaw-2799	421	7	term	term	NOUN
taxlaw-2799	421	8	“	"	PUNCT
taxlaw-2799	421	9	capital	capital	NOUN
taxlaw-2799	421	10	asset	asset	NOUN
taxlaw-2799	421	11	”	"	PUNCT
taxlaw-2799	421	12	does	do	AUX
taxlaw-2799	421	13	not	not	PART
taxlaw-2799	421	14	include	include	VERB
taxlaw-2799	421	15	any	any	DET
taxlaw-2799	421	16	“	"	PUNCT
taxlaw-2799	421	17	hedging	hedging	NOUN
taxlaw-2799	421	18	transaction	transaction	NOUN
taxlaw-2799	421	19	”	"	PUNCT
taxlaw-2799	421	20	clearly	clearly	ADV
taxlaw-2799	421	21	identified	identify	VERB
taxlaw-2799	421	22	as	as	ADP
taxlaw-2799	421	23	such	such	ADJ
taxlaw-2799	422	1	no	no	ADV
taxlaw-2799	422	2	later	later	ADV
taxlaw-2799	422	3	than	than	ADP
taxlaw-2799	422	4	the	the	DET
taxlaw-2799	422	5	close	close	NOUN
taxlaw-2799	422	6	of	of	ADP
taxlaw-2799	422	7	the	the	DET
taxlaw-2799	422	8	day	day	NOUN
taxlaw-2799	422	9	it	it	PRON
taxlaw-2799	422	10	was	be	AUX
taxlaw-2799	422	11	entered	enter	VERB
taxlaw-2799	422	12	into	into	ADP
taxlaw-2799	422	13	.	.	PUNCT
taxlaw-2799	423	1	section	section	NOUN
taxlaw-2799	423	2	1221(b)(2	1221(b)(2	NOUN
taxlaw-2799	423	3	)	)	PUNCT
taxlaw-2799	423	4	defines	define	VERB
taxlaw-2799	423	5	a	a	DET
taxlaw-2799	423	6	“	"	PUNCT
taxlaw-2799	423	7	hedging	hedging	NOUN
taxlaw-2799	423	8	transaction	transaction	NOUN
taxlaw-2799	423	9	”	"	PUNCT
taxlaw-2799	423	10	generally	generally	ADV
taxlaw-2799	423	11	to	to	PART
taxlaw-2799	423	12	mean	mean	VERB
taxlaw-2799	423	13	any	any	DET
taxlaw-2799	423	14	transaction	transaction	NOUN
taxlaw-2799	423	15	entered	enter	VERB
taxlaw-2799	423	16	into	into	ADP
taxlaw-2799	423	17	by	by	ADP
taxlaw-2799	423	18	the	the	DET
taxlaw-2799	423	19	taxpayer	taxpayer	NOUN
taxlaw-2799	423	20	in	in	ADP
taxlaw-2799	423	21	the	the	DET
taxlaw-2799	423	22	normal	normal	ADJ
taxlaw-2799	423	23	course	course	NOUN
taxlaw-2799	423	24	of	of	ADP
taxlaw-2799	423	25	the	the	DET
taxlaw-2799	423	26	taxpayer	taxpayer	NOUN
taxlaw-2799	423	27	’s	’s	PART
taxlaw-2799	423	28	trade	trade	NOUN
taxlaw-2799	423	29	or	or	CCONJ
taxlaw-2799	423	30	business	business	NOUN
taxlaw-2799	423	31	primarily	primarily	ADV
taxlaw-2799	423	32	to	to	PART
taxlaw-2799	423	33	manage	manage	VERB
taxlaw-2799	423	34	risk	risk	NOUN
taxlaw-2799	423	35	of	of	ADP
taxlaw-2799	423	36	price	price	NOUN
taxlaw-2799	423	37	changes	change	NOUN
taxlaw-2799	423	38	,	,	PUNCT
taxlaw-2799	423	39	currency	currency	NOUN
taxlaw-2799	423	40	fluctuations	fluctuation	NOUN
taxlaw-2799	423	41	,	,	PUNCT
taxlaw-2799	423	42	or	or	CCONJ
taxlaw-2799	423	43	,	,	PUNCT
taxlaw-2799	423	44	in	in	ADP
taxlaw-2799	423	45	the	the	DET
taxlaw-2799	423	46	case	case	NOUN
taxlaw-2799	423	47	of	of	ADP
taxlaw-2799	423	48	liabilities	liability	NOUN
taxlaw-2799	423	49	,	,	PUNCT
taxlaw-2799	423	50	interest	interest	NOUN
taxlaw-2799	423	51	rate	rate	NOUN
taxlaw-2799	423	52	risk	risk	NOUN
taxlaw-2799	423	53	,	,	PUNCT
taxlaw-2799	423	54	with	with	ADP
taxlaw-2799	423	55	respect	respect	NOUN
taxlaw-2799	423	56	to	to	ADP
taxlaw-2799	423	57	ordinary	ordinary	ADJ
taxlaw-2799	423	58	property	property	NOUN
taxlaw-2799	423	59	or	or	CCONJ
taxlaw-2799	423	60	liabilities	liability	NOUN
taxlaw-2799	423	61	of	of	ADP
taxlaw-2799	423	62	the	the	DET
taxlaw-2799	423	63	taxpayer	taxpayer	NOUN
taxlaw-2799	423	64	.	.	PUNCT
taxlaw-2799	424	1	treas	treas	PROPN
taxlaw-2799	424	2	.	.	PUNCT
taxlaw-2799	425	1	reg	reg	PROPN
taxlaw-2799	425	2	.	.	PUNCT
taxlaw-2799	426	1	§	§	PROPN
taxlaw-2799	426	2	1.1221	1.1221	NUM
taxlaw-2799	426	3	-	-	SYM
taxlaw-2799	426	4	2	2	NUM
taxlaw-2799	426	5	provides	provide	VERB
taxlaw-2799	426	6	more	more	ADV
taxlaw-2799	426	7	detailed	detailed	ADJ
taxlaw-2799	426	8	guidance	guidance	NOUN
taxlaw-2799	426	9	on	on	ADP
taxlaw-2799	426	10	the	the	DET
taxlaw-2799	426	11	implementation	implementation	NOUN
taxlaw-2799	426	12	of	of	ADP
taxlaw-2799	426	13	these	these	DET
taxlaw-2799	426	14	rules	rule	NOUN
taxlaw-2799	426	15	.	.	PUNCT
taxlaw-2799	427	1	thus	thus	ADV
taxlaw-2799	427	2	,	,	PUNCT
taxlaw-2799	427	3	generally	generally	ADV
taxlaw-2799	427	4	,	,	PUNCT
taxlaw-2799	427	5	if	if	SCONJ
taxlaw-2799	427	6	a	a	DET
taxlaw-2799	427	7	taxpayer	taxpayer	NOUN
taxlaw-2799	427	8	enters	enter	VERB
taxlaw-2799	427	9	into	into	ADP
taxlaw-2799	427	10	a	a	DET
taxlaw-2799	427	11	“	"	PUNCT
taxlaw-2799	427	12	hedging	hedging	NOUN
taxlaw-2799	427	13	transaction	transaction	NOUN
taxlaw-2799	427	14	”	"	PUNCT
taxlaw-2799	427	15	and	and	CCONJ
taxlaw-2799	427	16	properly	properly	ADV
taxlaw-2799	427	17	identifies	identify	VERB
taxlaw-2799	427	18	it	it	PRON
taxlaw-2799	427	19	as	as	ADP
taxlaw-2799	427	20	such	such	ADJ
taxlaw-2799	427	21	,	,	PUNCT
taxlaw-2799	427	22	the	the	DET
taxlaw-2799	427	23	taxpayer	taxpayer	NOUN
taxlaw-2799	427	24	’s	’s	PART
taxlaw-2799	427	25	gain	gain	NOUN
taxlaw-2799	427	26	or	or	CCONJ
taxlaw-2799	427	27	loss	loss	NOUN
taxlaw-2799	427	28	from	from	ADP
taxlaw-2799	427	29	the	the	DET
taxlaw-2799	427	30	transaction	transaction	NOUN
taxlaw-2799	427	31	will	will	AUX
taxlaw-2799	427	32	be	be	AUX
taxlaw-2799	427	33	ordinary	ordinary	ADJ
taxlaw-2799	427	34	rather	rather	ADV
taxlaw-2799	427	35	than	than	ADP
taxlaw-2799	427	36	capital	capital	NOUN
taxlaw-2799	427	37	.	.	PUNCT
taxlaw-2799	428	1	this	this	PRON
taxlaw-2799	428	2	allows	allow	VERB
taxlaw-2799	428	3	the	the	DET
taxlaw-2799	428	4	taxpayer	taxpayer	NOUN
taxlaw-2799	428	5	to	to	PART
taxlaw-2799	428	6	match	match	VERB
taxlaw-2799	428	7	the	the	DET
taxlaw-2799	428	8	character	character	NOUN
taxlaw-2799	428	9	of	of	ADP
taxlaw-2799	428	10	its	its	PRON
taxlaw-2799	428	11	gain	gain	NOUN
taxlaw-2799	428	12	or	or	CCONJ
taxlaw-2799	428	13	loss	loss	NOUN
taxlaw-2799	428	14	from	from	ADP
taxlaw-2799	428	15	the	the	DET
taxlaw-2799	428	16	hedged	hedge	VERB
taxlaw-2799	428	17	item	item	NOUN
taxlaw-2799	428	18	and	and	CCONJ
taxlaw-2799	428	19	the	the	DET
taxlaw-2799	428	20	hedge	hedge	NOUN
taxlaw-2799	428	21	.	.	PUNCT
taxlaw-2799	429	1	corresponding	correspond	VERB
taxlaw-2799	429	2	timing	timing	NOUN
taxlaw-2799	429	3	rules	rule	NOUN
taxlaw-2799	429	4	are	be	AUX
taxlaw-2799	429	5	provided	provide	VERB
taxlaw-2799	429	6	in	in	ADP
taxlaw-2799	429	7	treas	treas	PROPN
taxlaw-2799	429	8	.	.	PUNCT
taxlaw-2799	430	1	reg	reg	PROPN
taxlaw-2799	430	2	.	.	PUNCT
taxlaw-2799	431	1	§	§	PROPN
taxlaw-2799	431	2	1.446	1.446	NUM
taxlaw-2799	431	3	-	-	SYM
taxlaw-2799	431	4	4	4	NUM
taxlaw-2799	431	5	.	.	PUNCT
taxlaw-2799	432	1	they	they	PRON
taxlaw-2799	432	2	generally	generally	ADV
taxlaw-2799	432	3	conform	conform	VERB
taxlaw-2799	432	4	the	the	DET
taxlaw-2799	432	5	timing	timing	NOUN
taxlaw-2799	432	6	of	of	ADP
taxlaw-2799	432	7	income	income	NOUN
taxlaw-2799	432	8	or	or	CCONJ
taxlaw-2799	432	9	expense	expense	NOUN
taxlaw-2799	432	10	from	from	ADP
taxlaw-2799	432	11	a	a	DET
taxlaw-2799	432	12	hedging	hedge	VERB
taxlaw-2799	432	13	transaction	transaction	NOUN
taxlaw-2799	432	14	to	to	ADP
taxlaw-2799	432	15	the	the	DET
taxlaw-2799	432	16	timing	timing	NOUN
taxlaw-2799	432	17	of	of	ADP
taxlaw-2799	432	18	corresponding	corresponding	ADJ
taxlaw-2799	432	19	expense	expense	NOUN
taxlaw-2799	432	20	or	or	CCONJ
taxlaw-2799	432	21	income	income	NOUN
taxlaw-2799	432	22	from	from	ADP
taxlaw-2799	432	23	the	the	DET
taxlaw-2799	432	24	hedged	hedge	VERB
taxlaw-2799	432	25	item	item	NOUN
taxlaw-2799	432	26	.	.	PUNCT
taxlaw-2799	433	1	foreign	foreign	ADJ
taxlaw-2799	433	2	currency	currency	NOUN
taxlaw-2799	433	3	hedges	hedge	NOUN
taxlaw-2799	433	4	generally	generally	ADV
taxlaw-2799	433	5	do	do	AUX
taxlaw-2799	433	6	not	not	PART
taxlaw-2799	433	7	fall	fall	VERB
taxlaw-2799	433	8	within	within	ADP
taxlaw-2799	433	9	the	the	DET
taxlaw-2799	433	10	ambit	ambit	NOUN
taxlaw-2799	433	11	of	of	ADP
taxlaw-2799	433	12	§	§	PROPN
taxlaw-2799	433	13	1221	1221	NUM
taxlaw-2799	433	14	,	,	PUNCT
taxlaw-2799	433	15	as	as	SCONJ
taxlaw-2799	433	16	they	they	PRON
taxlaw-2799	433	17	already	already	ADV
taxlaw-2799	433	18	give	give	VERB
taxlaw-2799	433	19	rise	rise	NOUN
taxlaw-2799	433	20	to	to	ADP
taxlaw-2799	433	21	ordinary	ordinary	ADJ
taxlaw-2799	433	22	income	income	NOUN
taxlaw-2799	433	23	or	or	CCONJ
taxlaw-2799	433	24	loss.33	loss.33	NOUN
taxlaw-2799	433	25	there	there	PRON
taxlaw-2799	433	26	are	be	VERB
taxlaw-2799	433	27	timing	timing	NOUN
taxlaw-2799	433	28	and	and	CCONJ
taxlaw-2799	433	29	character	character	NOUN
taxlaw-2799	433	30	distinctions	distinction	NOUN
taxlaw-2799	433	31	,	,	PUNCT
taxlaw-2799	433	32	however	however	ADV
taxlaw-2799	433	33	,	,	PUNCT
taxlaw-2799	433	34	between	between	ADP
taxlaw-2799	433	35	foreign	foreign	ADJ
taxlaw-2799	433	36	currency	currency	NOUN
taxlaw-2799	433	37	swaps	swap	NOUN
taxlaw-2799	433	38	,	,	PUNCT
taxlaw-2799	433	39	foreign	foreign	ADJ
taxlaw-2799	433	40	currency	currency	NOUN
taxlaw-2799	433	41	forward	forward	ADV
taxlaw-2799	433	42	contracts	contract	NOUN
taxlaw-2799	433	43	and	and	CCONJ
taxlaw-2799	433	44	foreign	foreign	ADJ
taxlaw-2799	433	45	currency	currency	NOUN
taxlaw-2799	433	46	futures	future	NOUN
taxlaw-2799	433	47	33	33	NUM
taxlaw-2799	433	48	treas	trea	NOUN
taxlaw-2799	433	49	.	.	PUNCT
taxlaw-2799	434	1	reg	reg	PROPN
taxlaw-2799	434	2	.	.	PUNCT
taxlaw-2799	435	1	§	§	PROPN
taxlaw-2799	435	2	1.1221	1.1221	NUM
taxlaw-2799	435	3	-	-	PUNCT
taxlaw-2799	435	4	2(a)(4	2(a)(4	NUM
taxlaw-2799	435	5	)	)	PUNCT
taxlaw-2799	435	6	(	(	PUNCT
taxlaw-2799	435	7	2007	2007	NUM
taxlaw-2799	435	8	)	)	PUNCT
taxlaw-2799	435	9	(	(	PUNCT
taxlaw-2799	435	10	this	this	DET
taxlaw-2799	435	11	section	section	NOUN
taxlaw-2799	435	12	does	do	AUX
taxlaw-2799	435	13	not	not	PART
taxlaw-2799	435	14	apply	apply	VERB
taxlaw-2799	435	15	to	to	PART
taxlaw-2799	435	16	determine	determine	VERB
taxlaw-2799	435	17	the	the	DET
taxlaw-2799	435	18	character	character	NOUN
taxlaw-2799	435	19	of	of	ADP
taxlaw-2799	435	20	gain	gain	NOUN
taxlaw-2799	435	21	or	or	CCONJ
taxlaw-2799	435	22	loss	loss	NOUN
taxlaw-2799	435	23	from	from	ADP
taxlaw-2799	435	24	section	section	NOUN
taxlaw-2799	435	25	988	988	NUM
taxlaw-2799	435	26	transactions	transaction	NOUN
taxlaw-2799	435	27	)	)	PUNCT
taxlaw-2799	435	28	.	.	PUNCT
taxlaw-2799	436	1	section	section	NOUN
taxlaw-2799	436	2	988	988	NUM
taxlaw-2799	436	3	generally	generally	ADV
taxlaw-2799	436	4	provides	provide	VERB
taxlaw-2799	436	5	rules	rule	NOUN
taxlaw-2799	436	6	for	for	ADP
taxlaw-2799	436	7	taxing	tax	VERB
taxlaw-2799	436	8	foreign	foreign	ADJ
taxlaw-2799	436	9	currency	currency	NOUN
taxlaw-2799	436	10	gain	gain	NOUN
taxlaw-2799	436	11	or	or	CCONJ
taxlaw-2799	436	12	loss	loss	NOUN
taxlaw-2799	436	13	from	from	ADP
taxlaw-2799	436	14	transactions	transaction	NOUN
taxlaw-2799	436	15	in	in	ADP
taxlaw-2799	436	16	foreign	foreign	ADJ
taxlaw-2799	436	17	currency	currency	NOUN
taxlaw-2799	436	18	,	,	PUNCT
taxlaw-2799	436	19	foreign	foreign	ADJ
taxlaw-2799	436	20	currency	currency	NOUN
taxlaw-2799	436	21	-	-	PUNCT
taxlaw-2799	436	22	linked	link	VERB
taxlaw-2799	436	23	debt	debt	NOUN
taxlaw-2799	436	24	and	and	CCONJ
taxlaw-2799	436	25	foreign	foreign	ADJ
taxlaw-2799	436	26	currency	currency	NOUN
taxlaw-2799	436	27	-	-	PUNCT
taxlaw-2799	436	28	linked	link	VERB
taxlaw-2799	436	29	derivatives	derivative	NOUN
taxlaw-2799	436	30	.	.	PUNCT
taxlaw-2799	437	1	22	22	NUM
taxlaw-2799	437	2	columbia	columbia	PROPN
taxlaw-2799	437	3	jour	jour	PROPN
taxlaw-2799	437	4	al	al	PROPN
taxlaw-2799	437	5	of	of	ADP
taxlaw-2799	437	6	tax	tax	NOUN
taxlaw-2799	437	7	law	law	NOUN
taxlaw-2799	438	1	[	[	X
taxlaw-2799	438	2	vol	vol	NOUN
taxlaw-2799	438	3	.	.	PUNCT
taxlaw-2799	438	4	2:1	2:1	NUM
taxlaw-2799	438	5	contracts	contract	NOUN
taxlaw-2799	438	6	,	,	PUNCT
taxlaw-2799	438	7	which	which	PRON
taxlaw-2799	438	8	are	be	AUX
taxlaw-2799	438	9	respectively	respectively	ADV
taxlaw-2799	438	10	subject	subject	ADJ
taxlaw-2799	438	11	to	to	ADP
taxlaw-2799	438	12	ordinary	ordinary	ADJ
taxlaw-2799	438	13	character	character	NOUN
taxlaw-2799	438	14	/	/	SYM
taxlaw-2799	438	15	realization	realization	NOUN
taxlaw-2799	438	16	method	method	NOUN
taxlaw-2799	438	17	,	,	PUNCT
taxlaw-2799	438	18	ordinary	ordinary	ADJ
taxlaw-2799	438	19	character	character	NOUN
taxlaw-2799	438	20	/	/	SYM
taxlaw-2799	438	21	mark	mark	NOUN
taxlaw-2799	438	22	-	-	PUNCT
taxlaw-2799	438	23	to	to	ADP
taxlaw-2799	438	24	-	-	PUNCT
taxlaw-2799	438	25	market	market	NOUN
taxlaw-2799	438	26	and	and	CCONJ
taxlaw-2799	438	27	capital	capital	NOUN
taxlaw-2799	438	28	character	character	NOUN
taxlaw-2799	438	29	/	/	SYM
taxlaw-2799	438	30	mark	mark	NOUN
taxlaw-2799	438	31	-	-	PUNCT
taxlaw-2799	438	32	tomarket	tomarket	NOUN
taxlaw-2799	438	33	rules	rule	NOUN
taxlaw-2799	438	34	in	in	ADP
taxlaw-2799	438	35	the	the	DET
taxlaw-2799	438	36	absence	absence	NOUN
taxlaw-2799	438	37	of	of	ADP
taxlaw-2799	438	38	any	any	DET
taxlaw-2799	438	39	elections.34	elections.34	NOUN
taxlaw-2799	438	40	accordingly	accordingly	ADV
taxlaw-2799	438	41	,	,	PUNCT
taxlaw-2799	438	42	it	it	PRON
taxlaw-2799	438	43	may	may	AUX
taxlaw-2799	438	44	be	be	AUX
taxlaw-2799	438	45	necessary	necessary	ADJ
taxlaw-2799	438	46	or	or	CCONJ
taxlaw-2799	438	47	useful	useful	ADJ
taxlaw-2799	438	48	to	to	PART
taxlaw-2799	438	49	make	make	VERB
taxlaw-2799	438	50	a	a	DET
taxlaw-2799	438	51	hedging	hedging	NOUN
taxlaw-2799	438	52	election	election	NOUN
taxlaw-2799	438	53	for	for	ADP
taxlaw-2799	438	54	one	one	NUM
taxlaw-2799	438	55	of	of	ADP
taxlaw-2799	438	56	these	these	DET
taxlaw-2799	438	57	transactions	transaction	NOUN
taxlaw-2799	438	58	,	,	PUNCT
taxlaw-2799	438	59	depending	depend	VERB
taxlaw-2799	438	60	on	on	ADP
taxlaw-2799	438	61	the	the	DET
taxlaw-2799	438	62	item	item	NOUN
taxlaw-2799	438	63	being	be	AUX
taxlaw-2799	438	64	hedged.35	hedged.35	NOUN
taxlaw-2799	438	65	the	the	DET
taxlaw-2799	438	66	tax	tax	NOUN
taxlaw-2799	438	67	rules	rule	NOUN
taxlaw-2799	438	68	for	for	ADP
taxlaw-2799	438	69	hedging	hedge	VERB
taxlaw-2799	438	70	capital	capital	NOUN
taxlaw-2799	438	71	assets	asset	NOUN
taxlaw-2799	438	72	are	be	AUX
taxlaw-2799	438	73	more	more	ADV
taxlaw-2799	438	74	limited	limited	ADJ
taxlaw-2799	438	75	and	and	CCONJ
taxlaw-2799	438	76	less	less	ADV
taxlaw-2799	438	77	favorable	favorable	ADJ
taxlaw-2799	438	78	.	.	PUNCT
taxlaw-2799	439	1	treas	trea	NOUN
taxlaw-2799	439	2	.	.	PUNCT
taxlaw-2799	440	1	reg	reg	PROPN
taxlaw-2799	440	2	.	.	PUNCT
taxlaw-2799	441	1	§	§	PROPN
taxlaw-2799	441	2	§	§	PROPN
taxlaw-2799	441	3	1.1275	1.1275	NUM
taxlaw-2799	441	4	-	-	SYM
taxlaw-2799	441	5	6	6	NUM
taxlaw-2799	441	6	and	and	CCONJ
taxlaw-2799	441	7	1.988	1.988	NUM
taxlaw-2799	441	8	-	-	SYM
taxlaw-2799	441	9	5	5	NUM
taxlaw-2799	441	10	permit	permit	NOUN
taxlaw-2799	441	11	taxpayers	taxpayer	NOUN
taxlaw-2799	441	12	to	to	PART
taxlaw-2799	441	13	“	"	PUNCT
taxlaw-2799	441	14	integrate	integrate	VERB
taxlaw-2799	441	15	”	"	PUNCT
taxlaw-2799	441	16	certain	certain	ADJ
taxlaw-2799	441	17	hedges	hedge	NOUN
taxlaw-2799	441	18	of	of	ADP
taxlaw-2799	441	19	debt	debt	NOUN
taxlaw-2799	441	20	instruments	instrument	NOUN
taxlaw-2799	441	21	issued	issue	VERB
taxlaw-2799	441	22	or	or	CCONJ
taxlaw-2799	441	23	held	hold	VERB
taxlaw-2799	441	24	by	by	ADP
taxlaw-2799	441	25	the	the	DET
taxlaw-2799	441	26	taxpayer	taxpayer	NOUN
taxlaw-2799	441	27	with	with	ADP
taxlaw-2799	441	28	the	the	DET
taxlaw-2799	441	29	debt	debt	NOUN
taxlaw-2799	441	30	itself.36	itself.36	NOUN
taxlaw-2799	441	31	apart	apart	ADV
taxlaw-2799	441	32	from	from	ADP
taxlaw-2799	441	33	these	these	DET
taxlaw-2799	441	34	rules	rule	NOUN
taxlaw-2799	441	35	,	,	PUNCT
taxlaw-2799	441	36	the	the	DET
taxlaw-2799	441	37	principal	principal	ADJ
taxlaw-2799	441	38	rules	rule	NOUN
taxlaw-2799	441	39	governing	govern	VERB
taxlaw-2799	441	40	hedges	hedge	NOUN
taxlaw-2799	441	41	of	of	ADP
taxlaw-2799	441	42	capital	capital	NOUN
taxlaw-2799	441	43	assets	asset	NOUN
taxlaw-2799	441	44	are	be	AUX
taxlaw-2799	441	45	the	the	DET
taxlaw-2799	441	46	straddle	straddle	ADJ
taxlaw-2799	441	47	rules	rule	NOUN
taxlaw-2799	441	48	of	of	ADP
taxlaw-2799	441	49	§	§	PROPN
taxlaw-2799	441	50	§	§	PROPN
taxlaw-2799	441	51	1092	1092	NUM
taxlaw-2799	441	52	and	and	CCONJ
taxlaw-2799	441	53	263(g	263(g	PROPN
taxlaw-2799	441	54	)	)	PUNCT
taxlaw-2799	441	55	,	,	PUNCT
taxlaw-2799	441	56	which	which	PRON
taxlaw-2799	441	57	are	be	AUX
taxlaw-2799	441	58	anti	anti	ADJ
taxlaw-2799	441	59	-	-	ADJ
taxlaw-2799	441	60	abuse	abuse	ADJ
taxlaw-2799	441	61	rules	rule	NOUN
taxlaw-2799	441	62	of	of	ADP
taxlaw-2799	441	63	a	a	DET
taxlaw-2799	441	64	complex	complex	ADJ
taxlaw-2799	441	65	and	and	CCONJ
taxlaw-2799	441	66	uncertain	uncertain	ADJ
taxlaw-2799	441	67	nature	nature	NOUN
taxlaw-2799	441	68	.	.	PUNCT
taxlaw-2799	442	1	additional	additional	ADJ
taxlaw-2799	442	2	rules	rule	NOUN
taxlaw-2799	442	3	addressing	address	VERB
taxlaw-2799	442	4	hedges	hedge	NOUN
taxlaw-2799	442	5	of	of	ADP
taxlaw-2799	442	6	capital	capital	NOUN
taxlaw-2799	442	7	assets	asset	NOUN
taxlaw-2799	442	8	are	be	AUX
taxlaw-2799	442	9	found	find	VERB
taxlaw-2799	442	10	in	in	ADP
taxlaw-2799	442	11	other	other	ADJ
taxlaw-2799	442	12	statutory	statutory	ADJ
taxlaw-2799	442	13	provisions	provision	NOUN
taxlaw-2799	442	14	,	,	PUNCT
taxlaw-2799	442	15	including	include	VERB
taxlaw-2799	442	16	§	§	PROPN
taxlaw-2799	442	17	§	§	PROPN
taxlaw-2799	442	18	1092(e	1092(e	NOUN
taxlaw-2799	442	19	)	)	PUNCT
taxlaw-2799	442	20	,	,	PUNCT
taxlaw-2799	442	21	1256(e	1256(e	NUM
taxlaw-2799	442	22	)	)	PUNCT
taxlaw-2799	442	23	and	and	CCONJ
taxlaw-2799	442	24	(	(	PUNCT
taxlaw-2799	442	25	f)(1	f)(1	NOUN
taxlaw-2799	442	26	)	)	PUNCT
taxlaw-2799	442	27	,	,	PUNCT
taxlaw-2799	442	28	and	and	CCONJ
taxlaw-2799	442	29	475(d)(2)(f	475(d)(2)(f	NUM
taxlaw-2799	442	30	)	)	PUNCT
taxlaw-2799	442	31	,	,	PUNCT
taxlaw-2799	442	32	but	but	CCONJ
taxlaw-2799	442	33	they	they	PRON
taxlaw-2799	442	34	generally	generally	ADV
taxlaw-2799	442	35	are	be	AUX
taxlaw-2799	442	36	narrower	narrow	ADJ
taxlaw-2799	442	37	in	in	ADP
taxlaw-2799	442	38	scope	scope	NOUN
taxlaw-2799	442	39	and	and	CCONJ
taxlaw-2799	442	40	have	have	VERB
taxlaw-2799	442	41	less	less	ADV
taxlaw-2799	442	42	specific	specific	ADJ
taxlaw-2799	442	43	guidance	guidance	NOUN
taxlaw-2799	442	44	implementing	implement	VERB
taxlaw-2799	442	45	them	they	PRON
taxlaw-2799	442	46	than	than	ADP
taxlaw-2799	442	47	the	the	DET
taxlaw-2799	442	48	“	"	PUNCT
taxlaw-2799	442	49	hedging	hedging	NOUN
taxlaw-2799	442	50	transaction	transaction	NOUN
taxlaw-2799	442	51	”	"	PUNCT
taxlaw-2799	442	52	rules	rule	NOUN
taxlaw-2799	442	53	described	describe	VERB
taxlaw-2799	442	54	above	above	ADV
taxlaw-2799	442	55	,	,	PUNCT
taxlaw-2799	442	56	or	or	CCONJ
taxlaw-2799	442	57	are	be	AUX
taxlaw-2799	442	58	also	also	ADV
taxlaw-2799	442	59	anti	anti	ADJ
taxlaw-2799	442	60	-	-	ADJ
taxlaw-2799	442	61	abuse	abuse	ADJ
taxlaw-2799	442	62	rules	rule	NOUN
taxlaw-2799	442	63	unfavorable	unfavorable	ADJ
taxlaw-2799	442	64	to	to	ADP
taxlaw-2799	442	65	taxpayers.37	taxpayers.37	PROPN
taxlaw-2799	442	66	thus	thus	ADV
taxlaw-2799	442	67	,	,	PUNCT
taxlaw-2799	442	68	for	for	ADP
taxlaw-2799	442	69	taxpayers	taxpayer	NOUN
taxlaw-2799	442	70	hedging	hedge	VERB
taxlaw-2799	442	71	capital	capital	NOUN
taxlaw-2799	442	72	assets	asset	NOUN
taxlaw-2799	442	73	,	,	PUNCT
taxlaw-2799	442	74	it	it	PRON
taxlaw-2799	442	75	is	be	AUX
taxlaw-2799	442	76	more	more	ADV
taxlaw-2799	442	77	difficult	difficult	ADJ
taxlaw-2799	442	78	to	to	PART
taxlaw-2799	442	79	ensure	ensure	VERB
taxlaw-2799	442	80	that	that	SCONJ
taxlaw-2799	442	81	the	the	DET
taxlaw-2799	442	82	timing	timing	NOUN
taxlaw-2799	442	83	and	and	CCONJ
taxlaw-2799	442	84	character	character	NOUN
taxlaw-2799	442	85	of	of	ADP
taxlaw-2799	442	86	gains	gain	NOUN
taxlaw-2799	442	87	and	and	CCONJ
taxlaw-2799	442	88	losses	loss	NOUN
taxlaw-2799	442	89	from	from	ADP
taxlaw-2799	442	90	a	a	DET
taxlaw-2799	442	91	hedge	hedge	NOUN
taxlaw-2799	442	92	match	match	NOUN
taxlaw-2799	442	93	those	those	PRON
taxlaw-2799	442	94	from	from	ADP
taxlaw-2799	442	95	the	the	DET
taxlaw-2799	442	96	hedged	hedge	VERB
taxlaw-2799	442	97	item	item	NOUN
taxlaw-2799	442	98	.	.	PUNCT
taxlaw-2799	443	1	consequently	consequently	ADV
taxlaw-2799	443	2	,	,	PUNCT
taxlaw-2799	443	3	for	for	ADP
taxlaw-2799	443	4	taxpayers	taxpayer	NOUN
taxlaw-2799	443	5	that	that	PRON
taxlaw-2799	443	6	wish	wish	VERB
taxlaw-2799	443	7	to	to	PART
taxlaw-2799	443	8	have	have	VERB
taxlaw-2799	443	9	such	such	ADJ
taxlaw-2799	443	10	matching	matching	NOUN
taxlaw-2799	443	11	,	,	PUNCT
taxlaw-2799	443	12	it	it	PRON
taxlaw-2799	443	13	is	be	AUX
taxlaw-2799	443	14	more	more	ADV
taxlaw-2799	443	15	important	important	ADJ
taxlaw-2799	443	16	that	that	SCONJ
taxlaw-2799	443	17	the	the	DET
taxlaw-2799	443	18	basic	basic	ADJ
taxlaw-2799	443	19	tax	tax	NOUN
taxlaw-2799	443	20	rules	rule	NOUN
taxlaw-2799	443	21	for	for	ADP
taxlaw-2799	443	22	the	the	DET
taxlaw-2799	443	23	hedge	hedge	NOUN
taxlaw-2799	443	24	and	and	CCONJ
taxlaw-2799	443	25	hedged	hedge	VERB
taxlaw-2799	443	26	item	item	NOUN
taxlaw-2799	443	27	give	give	VERB
taxlaw-2799	443	28	rise	rise	NOUN
taxlaw-2799	443	29	to	to	ADP
taxlaw-2799	443	30	similar	similar	ADJ
taxlaw-2799	443	31	timing	timing	NOUN
taxlaw-2799	443	32	and	and	CCONJ
taxlaw-2799	443	33	character	character	NOUN
taxlaw-2799	443	34	results	result	NOUN
taxlaw-2799	443	35	.	.	PUNCT
taxlaw-2799	444	1	some	some	DET
taxlaw-2799	444	2	taxpayers	taxpayer	NOUN
taxlaw-2799	444	3	use	use	VERB
taxlaw-2799	444	4	derivatives	derivative	NOUN
taxlaw-2799	444	5	to	to	PART
taxlaw-2799	444	6	bridge	bridge	VERB
taxlaw-2799	444	7	a	a	DET
taxlaw-2799	444	8	gap	gap	NOUN
taxlaw-2799	444	9	between	between	ADP
taxlaw-2799	444	10	their	their	PRON
taxlaw-2799	444	11	assets	asset	NOUN
taxlaw-2799	444	12	and	and	CCONJ
taxlaw-2799	444	13	liabilities	liability	NOUN
taxlaw-2799	444	14	,	,	PUNCT
taxlaw-2799	444	15	typically	typically	ADV
taxlaw-2799	444	16	in	in	ADP
taxlaw-2799	444	17	cases	case	NOUN
taxlaw-2799	444	18	where	where	SCONJ
taxlaw-2799	444	19	the	the	DET
taxlaw-2799	444	20	assets	asset	NOUN
taxlaw-2799	444	21	are	be	AUX
taxlaw-2799	444	22	fixed	fix	VERB
taxlaw-2799	444	23	income	income	NOUN
taxlaw-2799	444	24	assets	asset	NOUN
taxlaw-2799	444	25	that	that	PRON
taxlaw-2799	444	26	pay	pay	VERB
taxlaw-2799	444	27	on	on	ADP
taxlaw-2799	444	28	a	a	DET
taxlaw-2799	444	29	different	different	ADJ
taxlaw-2799	444	30	basis	basis	NOUN
taxlaw-2799	444	31	or	or	CCONJ
taxlaw-2799	444	32	have	have	VERB
taxlaw-2799	444	33	a	a	DET
taxlaw-2799	444	34	different	different	ADJ
taxlaw-2799	444	35	duration	duration	NOUN
taxlaw-2799	444	36	or	or	CCONJ
taxlaw-2799	444	37	timing	timing	NOUN
taxlaw-2799	444	38	of	of	ADP
taxlaw-2799	444	39	payments	payment	NOUN
taxlaw-2799	444	40	than	than	ADP
taxlaw-2799	444	41	their	their	PRON
taxlaw-2799	444	42	liabilities	liability	NOUN
taxlaw-2799	444	43	,	,	PUNCT
taxlaw-2799	444	44	e.g.	e.g.	ADV
taxlaw-2799	444	45	,	,	PUNCT
taxlaw-2799	444	46	fixed	fix	VERB
taxlaw-2799	444	47	rate	rate	NOUN
taxlaw-2799	444	48	liabilities	liability	NOUN
taxlaw-2799	444	49	vs.	vs.	ADP
taxlaw-2799	444	50	floating	float	VERB
taxlaw-2799	444	51	rate	rate	NOUN
taxlaw-2799	444	52	assets	asset	NOUN
taxlaw-2799	444	53	.	.	PUNCT
taxlaw-2799	445	1	in	in	ADP
taxlaw-2799	445	2	the	the	DET
taxlaw-2799	445	3	federal	federal	ADJ
taxlaw-2799	445	4	ational	ational	PROPN
taxlaw-2799	445	5	mortgage	mortgage	PROPN
taxlaw-2799	445	6	association	association	NOUN
taxlaw-2799	445	7	case	case	NOUN
taxlaw-2799	445	8	,	,	PUNCT
taxlaw-2799	445	9	for	for	ADP
taxlaw-2799	445	10	example	example	NOUN
taxlaw-2799	445	11	,	,	PUNCT
taxlaw-2799	445	12	the	the	DET
taxlaw-2799	445	13	principal	principal	ADJ
taxlaw-2799	445	14	factor	factor	NOUN
taxlaw-2799	445	15	in	in	ADP
taxlaw-2799	445	16	determining	determine	VERB
taxlaw-2799	445	17	the	the	DET
taxlaw-2799	445	18	taxpayer	taxpayer	NOUN
taxlaw-2799	445	19	’s	’s	PART
taxlaw-2799	445	20	profit	profit	NOUN
taxlaw-2799	445	21	or	or	CCONJ
taxlaw-2799	445	22	loss	loss	NOUN
taxlaw-2799	445	23	was	be	AUX
taxlaw-2799	445	24	the	the	DET
taxlaw-2799	445	25	spread	spread	NOUN
taxlaw-2799	445	26	between	between	ADP
taxlaw-2799	445	27	the	the	DET
taxlaw-2799	445	28	average	average	ADJ
taxlaw-2799	445	29	net	net	ADJ
taxlaw-2799	445	30	yield	yield	NOUN
taxlaw-2799	445	31	on	on	ADP
taxlaw-2799	445	32	its	its	PRON
taxlaw-2799	445	33	mortgage	mortgage	NOUN
taxlaw-2799	445	34	portfolio	portfolio	NOUN
taxlaw-2799	445	35	and	and	CCONJ
taxlaw-2799	445	36	the	the	DET
taxlaw-2799	445	37	34	34	NUM
taxlaw-2799	445	38	see	see	NOUN
taxlaw-2799	445	39	i.r.c	i.r.c	NOUN
taxlaw-2799	445	40	.	.	PUNCT
taxlaw-2799	446	1	§	§	PROPN
taxlaw-2799	446	2	988(a)(1	988(a)(1	NUM
taxlaw-2799	446	3	)	)	PUNCT
taxlaw-2799	446	4	(	(	PUNCT
taxlaw-2799	446	5	2010	2010	NUM
taxlaw-2799	446	6	)	)	PUNCT
taxlaw-2799	446	7	(	(	PUNCT
taxlaw-2799	446	8	general	general	ADJ
taxlaw-2799	446	9	rule	rule	NOUN
taxlaw-2799	446	10	that	that	SCONJ
taxlaw-2799	446	11	foreign	foreign	ADJ
taxlaw-2799	446	12	currency	currency	NOUN
taxlaw-2799	446	13	gain	gain	NOUN
taxlaw-2799	446	14	or	or	CCONJ
taxlaw-2799	446	15	loss	loss	NOUN
taxlaw-2799	446	16	attributable	attributable	ADJ
taxlaw-2799	446	17	to	to	ADP
taxlaw-2799	446	18	any	any	DET
taxlaw-2799	446	19	“	"	PUNCT
taxlaw-2799	446	20	section	section	NOUN
taxlaw-2799	446	21	988	988	NUM
taxlaw-2799	446	22	transaction	transaction	NOUN
taxlaw-2799	446	23	”	"	PUNCT
taxlaw-2799	446	24	is	be	AUX
taxlaw-2799	446	25	ordinary	ordinary	ADJ
taxlaw-2799	446	26	income	income	NOUN
taxlaw-2799	446	27	or	or	CCONJ
taxlaw-2799	446	28	loss	loss	NOUN
taxlaw-2799	446	29	)	)	PUNCT
taxlaw-2799	446	30	;	;	PUNCT
taxlaw-2799	446	31	i.r.c	i.r.c	NOUN
taxlaw-2799	446	32	.	.	PUNCT
taxlaw-2799	447	1	§	§	PROPN
taxlaw-2799	447	2	1256(b)(1	1256(b)(1	NUM
taxlaw-2799	447	3	)	)	PUNCT
taxlaw-2799	447	4	,	,	PUNCT
taxlaw-2799	447	5	(	(	PUNCT
taxlaw-2799	447	6	2	2	X
taxlaw-2799	447	7	)	)	PUNCT
taxlaw-2799	447	8	(	(	PUNCT
taxlaw-2799	447	9	2010	2010	NUM
taxlaw-2799	447	10	)	)	PUNCT
taxlaw-2799	447	11	(	(	PUNCT
taxlaw-2799	447	12	defining	define	VERB
taxlaw-2799	447	13	any	any	DET
taxlaw-2799	447	14	“	"	PUNCT
taxlaw-2799	447	15	regulated	regulated	ADJ
taxlaw-2799	447	16	futures	future	NOUN
taxlaw-2799	447	17	contract	contract	NOUN
taxlaw-2799	447	18	”	"	PUNCT
taxlaw-2799	447	19	and	and	CCONJ
taxlaw-2799	447	20	“	"	PUNCT
taxlaw-2799	447	21	foreign	foreign	ADJ
taxlaw-2799	447	22	currency	currency	NOUN
taxlaw-2799	447	23	contract	contract	NOUN
taxlaw-2799	447	24	”	"	PUNCT
taxlaw-2799	447	25	as	as	SCONJ
taxlaw-2799	447	26	section	section	NOUN
taxlaw-2799	447	27	1256	1256	NUM
taxlaw-2799	447	28	transactions	transaction	NOUN
taxlaw-2799	447	29	generally	generally	ADV
taxlaw-2799	447	30	subject	subject	ADJ
taxlaw-2799	447	31	to	to	ADP
taxlaw-2799	447	32	mark	mark	NOUN
taxlaw-2799	447	33	-	-	PUNCT
taxlaw-2799	447	34	to	to	ADP
taxlaw-2799	447	35	-	-	PUNCT
taxlaw-2799	447	36	market	market	NOUN
taxlaw-2799	447	37	treatment	treatment	NOUN
taxlaw-2799	447	38	and	and	CCONJ
taxlaw-2799	447	39	to	to	ADP
taxlaw-2799	447	40	capital	capital	NOUN
taxlaw-2799	447	41	gain	gain	NOUN
taxlaw-2799	447	42	/	/	SYM
taxlaw-2799	447	43	loss	loss	NOUN
taxlaw-2799	447	44	rules	rule	NOUN
taxlaw-2799	447	45	unless	unless	SCONJ
taxlaw-2799	447	46	character	character	NOUN
taxlaw-2799	447	47	otherwise	otherwise	ADV
taxlaw-2799	447	48	would	would	AUX
taxlaw-2799	447	49	be	be	AUX
taxlaw-2799	447	50	ordinary	ordinary	ADJ
taxlaw-2799	447	51	)	)	PUNCT
taxlaw-2799	447	52	;	;	PUNCT
taxlaw-2799	447	53	i.r.c	i.r.c	NOUN
taxlaw-2799	447	54	.	.	PUNCT
taxlaw-2799	448	1	§	§	PROPN
taxlaw-2799	448	2	988(c)(1)(b)(iii	988(c)(1)(b)(iii	PROPN
taxlaw-2799	448	3	)	)	PUNCT
taxlaw-2799	448	4	(	(	PUNCT
taxlaw-2799	448	5	2010	2010	NUM
taxlaw-2799	448	6	)	)	PUNCT
taxlaw-2799	448	7	(	(	PUNCT
taxlaw-2799	448	8	“	"	PUNCT
taxlaw-2799	448	9	section	section	NOUN
taxlaw-2799	448	10	988	988	NUM
taxlaw-2799	448	11	transactions	transaction	NOUN
taxlaw-2799	448	12	”	"	PUNCT
taxlaw-2799	448	13	include	include	VERB
taxlaw-2799	448	14	any	any	DET
taxlaw-2799	448	15	forward	forward	ADJ
taxlaw-2799	448	16	contract	contract	NOUN
taxlaw-2799	448	17	,	,	PUNCT
taxlaw-2799	448	18	futures	future	NOUN
taxlaw-2799	448	19	contract	contract	NOUN
taxlaw-2799	448	20	or	or	CCONJ
taxlaw-2799	448	21	similar	similar	ADJ
taxlaw-2799	448	22	financial	financial	ADJ
taxlaw-2799	448	23	instrument	instrument	NOUN
taxlaw-2799	448	24	that	that	PRON
taxlaw-2799	448	25	is	be	AUX
taxlaw-2799	448	26	denominated	denominate	VERB
taxlaw-2799	448	27	in	in	ADP
taxlaw-2799	448	28	or	or	CCONJ
taxlaw-2799	448	29	determined	determine	VERB
taxlaw-2799	448	30	by	by	ADP
taxlaw-2799	448	31	reference	reference	NOUN
taxlaw-2799	448	32	to	to	ADP
taxlaw-2799	448	33	nonfunctional	nonfunctional	ADJ
taxlaw-2799	448	34	currency	currency	NOUN
taxlaw-2799	448	35	)	)	PUNCT
taxlaw-2799	448	36	;	;	PUNCT
taxlaw-2799	448	37	i.r.c	i.r.c	NOUN
taxlaw-2799	448	38	.	.	PUNCT
taxlaw-2799	449	1	§	§	PROPN
taxlaw-2799	449	2	988(c)(1)(d)(i	988(c)(1)(d)(i	NUM
taxlaw-2799	449	3	)	)	PUNCT
taxlaw-2799	449	4	(	(	PUNCT
taxlaw-2799	449	5	2010	2010	NUM
taxlaw-2799	449	6	)	)	PUNCT
taxlaw-2799	449	7	(	(	PUNCT
taxlaw-2799	449	8	i.r.c	i.r.c	NOUN
taxlaw-2799	449	9	.	.	PUNCT
taxlaw-2799	450	1	§	§	PROPN
taxlaw-2799	450	2	988(c)(1)(b)(iii	988(c)(1)(b)(iii	PROPN
taxlaw-2799	450	3	)	)	PUNCT
taxlaw-2799	450	4	does	do	AUX
taxlaw-2799	450	5	not	not	PART
taxlaw-2799	450	6	apply	apply	VERB
taxlaw-2799	450	7	to	to	ADP
taxlaw-2799	450	8	regulated	regulated	ADJ
taxlaw-2799	450	9	futures	future	NOUN
taxlaw-2799	450	10	contracts	contract	NOUN
taxlaw-2799	450	11	)	)	PUNCT
taxlaw-2799	450	12	;	;	PUNCT
taxlaw-2799	450	13	i.r.c	i.r.c	NOUN
taxlaw-2799	450	14	.	.	PUNCT
taxlaw-2799	451	1	§	§	PROPN
taxlaw-2799	451	2	988(b)(3	988(b)(3	NUM
taxlaw-2799	451	3	)	)	PUNCT
taxlaw-2799	451	4	(	(	PUNCT
taxlaw-2799	451	5	2010	2010	NUM
taxlaw-2799	451	6	)	)	PUNCT
taxlaw-2799	451	7	(	(	PUNCT
taxlaw-2799	451	8	all	all	DET
taxlaw-2799	451	9	gain	gain	VERB
taxlaw-2799	451	10	or	or	CCONJ
taxlaw-2799	451	11	loss	loss	NOUN
taxlaw-2799	451	12	from	from	ADP
taxlaw-2799	451	13	section	section	NOUN
taxlaw-2799	451	14	988(c)(1)(b)(iii	988(c)(1)(b)(iii	NUM
taxlaw-2799	451	15	)	)	PUNCT
taxlaw-2799	451	16	transactions	transaction	NOUN
taxlaw-2799	451	17	is	be	AUX
taxlaw-2799	451	18	ordinary	ordinary	ADJ
taxlaw-2799	451	19	)	)	PUNCT
taxlaw-2799	451	20	.	.	PUNCT
taxlaw-2799	452	1	35	35	NUM
taxlaw-2799	452	2	i.r.c	i.r.c	NOUN
taxlaw-2799	452	3	.	.	PUNCT
taxlaw-2799	453	1	§	§	PROPN
taxlaw-2799	453	2	988(d	988(d	PROPN
taxlaw-2799	453	3	)	)	PUNCT
taxlaw-2799	453	4	(	(	PUNCT
taxlaw-2799	453	5	2010	2010	NUM
taxlaw-2799	453	6	)	)	PUNCT
taxlaw-2799	453	7	also	also	ADV
taxlaw-2799	453	8	provides	provide	VERB
taxlaw-2799	453	9	for	for	ADP
taxlaw-2799	453	10	special	special	ADJ
taxlaw-2799	453	11	hedging	hedging	NOUN
taxlaw-2799	453	12	rules	rule	NOUN
taxlaw-2799	453	13	for	for	ADP
taxlaw-2799	453	14	foreign	foreign	ADJ
taxlaw-2799	453	15	currency	currency	NOUN
taxlaw-2799	453	16	.	.	PUNCT
taxlaw-2799	454	1	for	for	ADP
taxlaw-2799	454	2	a	a	DET
taxlaw-2799	454	3	discussion	discussion	NOUN
taxlaw-2799	454	4	of	of	ADP
taxlaw-2799	454	5	the	the	DET
taxlaw-2799	454	6	special	special	ADJ
taxlaw-2799	454	7	rules	rule	NOUN
taxlaw-2799	454	8	applicable	applicable	ADJ
taxlaw-2799	454	9	to	to	ADP
taxlaw-2799	454	10	foreign	foreign	ADJ
taxlaw-2799	454	11	currency	currency	NOUN
taxlaw-2799	454	12	transactions	transaction	NOUN
taxlaw-2799	454	13	used	use	VERB
taxlaw-2799	454	14	as	as	ADP
taxlaw-2799	454	15	hedges	hedge	NOUN
taxlaw-2799	454	16	,	,	PUNCT
taxlaw-2799	454	17	see	see	VERB
taxlaw-2799	454	18	john	john	PROPN
taxlaw-2799	454	19	d.	d.	PROPN
taxlaw-2799	454	20	mcdonald	mcdonald	PROPN
taxlaw-2799	454	21	,	,	PUNCT
taxlaw-2799	454	22	ira	ira	PROPN
taxlaw-2799	454	23	g.	g.	PROPN
taxlaw-2799	454	24	kawaller	kawaller	PROPN
taxlaw-2799	454	25	,	,	PUNCT
taxlaw-2799	454	26	l.g	l.g	PROPN
taxlaw-2799	454	27	.	.	PUNCT
taxlaw-2799	454	28	“	"	PUNCT
taxlaw-2799	454	29	chip	chip	NOUN
taxlaw-2799	454	30	”	"	PUNCT
taxlaw-2799	454	31	harter	harter	PROPN
taxlaw-2799	454	32	&	&	CCONJ
taxlaw-2799	454	33	jeffrey	jeffrey	PROPN
taxlaw-2799	454	34	p.	p.	PROPN
taxlaw-2799	454	35	maydew	maydew	PROPN
taxlaw-2799	454	36	,	,	PUNCT
taxlaw-2799	454	37	the	the	DET
taxlaw-2799	454	38	devil	devil	NOUN
taxlaw-2799	454	39	is	be	AUX
taxlaw-2799	454	40	in	in	ADP
taxlaw-2799	454	41	the	the	DET
taxlaw-2799	454	42	details	detail	NOUN
taxlaw-2799	454	43	:	:	PUNCT
taxlaw-2799	455	1	problems	problem	NOUN
taxlaw-2799	455	2	,	,	PUNCT
taxlaw-2799	455	3	solutions	solution	NOUN
taxlaw-2799	455	4	and	and	CCONJ
taxlaw-2799	455	5	policy	policy	NOUN
taxlaw-2799	455	6	recommendations	recommendation	NOUN
taxlaw-2799	455	7	with	with	ADP
taxlaw-2799	455	8	respect	respect	NOUN
taxlaw-2799	455	9	to	to	ADP
taxlaw-2799	455	10	currency	currency	NOUN
taxlaw-2799	455	11	translation	translation	NOUN
taxlaw-2799	455	12	,	,	PUNCT
taxlaw-2799	455	13	transactions	transaction	NOUN
taxlaw-2799	455	14	and	and	CCONJ
taxlaw-2799	455	15	hedging	hedging	NOUN
taxlaw-2799	455	16	,	,	PUNCT
taxlaw-2799	455	17	89	89	NUM
taxlaw-2799	455	18	taxes	taxis	NOUN
taxlaw-2799	455	19	(	(	PUNCT
taxlaw-2799	455	20	forthcoming	forthcoming	ADJ
taxlaw-2799	455	21	mar	mar	PROPN
taxlaw-2799	455	22	.	.	PROPN
taxlaw-2799	455	23	2011	2011	NUM
taxlaw-2799	455	24	)	)	PUNCT
taxlaw-2799	455	25	.	.	PUNCT
taxlaw-2799	456	1	36	36	NUM
taxlaw-2799	456	2	treas	trea	NOUN
taxlaw-2799	456	3	.	.	PUNCT
taxlaw-2799	457	1	reg	reg	PROPN
taxlaw-2799	457	2	.	.	PUNCT
taxlaw-2799	458	1	§	§	PROPN
taxlaw-2799	458	2	1.988	1.988	NUM
taxlaw-2799	458	3	-	-	SYM
taxlaw-2799	458	4	5	5	NUM
taxlaw-2799	458	5	(	(	PUNCT
taxlaw-2799	458	6	1992	1992	NUM
taxlaw-2799	458	7	)	)	PUNCT
taxlaw-2799	458	8	also	also	ADV
taxlaw-2799	458	9	provides	provide	VERB
taxlaw-2799	458	10	favorable	favorable	ADJ
taxlaw-2799	458	11	rules	rule	NOUN
taxlaw-2799	458	12	for	for	ADP
taxlaw-2799	458	13	certain	certain	ADJ
taxlaw-2799	458	14	hedges	hedge	NOUN
taxlaw-2799	458	15	of	of	ADP
taxlaw-2799	458	16	foreign	foreign	ADJ
taxlaw-2799	458	17	currency	currency	NOUN
taxlaw-2799	458	18	payables	payable	NOUN
taxlaw-2799	458	19	and	and	CCONJ
taxlaw-2799	458	20	receivables	receivables	NOUN
taxlaw-2799	458	21	.	.	PUNCT
taxlaw-2799	459	1	37	37	NUM
taxlaw-2799	459	2	by	by	ADP
taxlaw-2799	459	3	its	its	PRON
taxlaw-2799	459	4	terms	term	NOUN
taxlaw-2799	459	5	,	,	PUNCT
taxlaw-2799	459	6	the	the	DET
taxlaw-2799	459	7	§	§	PROPN
taxlaw-2799	459	8	1256(e	1256(e	PROPN
taxlaw-2799	459	9	)	)	PUNCT
taxlaw-2799	459	10	hedging	hedging	NOUN
taxlaw-2799	459	11	exception	exception	NOUN
taxlaw-2799	459	12	is	be	AUX
taxlaw-2799	459	13	more	more	ADV
taxlaw-2799	459	14	limited	limited	ADJ
taxlaw-2799	459	15	than	than	ADP
taxlaw-2799	459	16	the	the	DET
taxlaw-2799	459	17	very	very	ADV
taxlaw-2799	459	18	similar	similar	ADJ
taxlaw-2799	459	19	exception	exception	NOUN
taxlaw-2799	459	20	under	under	ADP
taxlaw-2799	459	21	§	§	PROPN
taxlaw-2799	459	22	1221	1221	NUM
taxlaw-2799	459	23	.	.	PUNCT
taxlaw-2799	460	1	for	for	ADP
taxlaw-2799	460	2	a	a	DET
taxlaw-2799	460	3	discussion	discussion	NOUN
taxlaw-2799	460	4	of	of	ADP
taxlaw-2799	460	5	a	a	DET
taxlaw-2799	460	6	recent	recent	ADJ
taxlaw-2799	460	7	ruling	ruling	NOUN
taxlaw-2799	460	8	illustrating	illustrate	VERB
taxlaw-2799	460	9	that	that	DET
taxlaw-2799	460	10	point	point	NOUN
taxlaw-2799	460	11	,	,	PUNCT
taxlaw-2799	460	12	see	see	VERB
taxlaw-2799	460	13	michael	michael	PROPN
taxlaw-2799	460	14	(	(	PUNCT
taxlaw-2799	460	15	wei	wei	PROPN
taxlaw-2799	460	16	-	-	PUNCT
taxlaw-2799	460	17	chin	chin	ADJ
taxlaw-2799	460	18	)	)	PUNCT
taxlaw-2799	460	19	mou	mou	PROPN
taxlaw-2799	460	20	&	&	CCONJ
taxlaw-2799	460	21	david	david	PROPN
taxlaw-2799	460	22	h.	h.	PROPN
taxlaw-2799	460	23	shapiro	shapiro	PROPN
taxlaw-2799	460	24	,	,	PUNCT
taxlaw-2799	460	25	does	do	AUX
taxlaw-2799	460	26	section	section	VERB
taxlaw-2799	460	27	1256	1256	NUM
taxlaw-2799	460	28	incorporate	incorporate	VERB
taxlaw-2799	460	29	an	an	DET
taxlaw-2799	460	30	inadvertent	inadvertent	ADJ
taxlaw-2799	460	31	error	error	NOUN
taxlaw-2799	460	32	exception	exception	NOUN
taxlaw-2799	460	33	,	,	PUNCT
taxlaw-2799	460	34	128	128	NUM
taxlaw-2799	460	35	tax	tax	NOUN
taxlaw-2799	460	36	notes	note	NOUN
taxlaw-2799	460	37	1159	1159	NUM
taxlaw-2799	460	38	(	(	PUNCT
taxlaw-2799	460	39	sept	sept	PROPN
taxlaw-2799	460	40	.	.	PROPN
taxlaw-2799	460	41	13	13	NUM
taxlaw-2799	460	42	,	,	PUNCT
taxlaw-2799	460	43	2010	2010	NUM
taxlaw-2799	460	44	)	)	PUNCT
taxlaw-2799	460	45	.	.	PUNCT
taxlaw-2799	461	1	the	the	DET
taxlaw-2799	461	2	conclusion	conclusion	NOUN
taxlaw-2799	461	3	reached	reach	VERB
taxlaw-2799	461	4	in	in	ADP
taxlaw-2799	461	5	that	that	DET
taxlaw-2799	461	6	ruling	ruling	NOUN
taxlaw-2799	461	7	was	be	AUX
taxlaw-2799	461	8	later	later	ADV
taxlaw-2799	461	9	modified	modify	VERB
taxlaw-2799	461	10	to	to	PART
taxlaw-2799	461	11	take	take	VERB
taxlaw-2799	461	12	into	into	ADP
taxlaw-2799	461	13	account	account	NOUN
taxlaw-2799	461	14	other	other	ADJ
taxlaw-2799	461	15	provisions	provision	NOUN
taxlaw-2799	461	16	of	of	ADP
taxlaw-2799	461	17	the	the	DET
taxlaw-2799	461	18	code	code	NOUN
taxlaw-2799	461	19	.	.	PUNCT
taxlaw-2799	462	1	see	see	VERB
taxlaw-2799	462	2	chief	chief	ADJ
taxlaw-2799	462	3	counsel	counsel	NOUN
taxlaw-2799	462	4	advice	advice	NOUN
taxlaw-2799	462	5	201046015	201046015	NUM
taxlaw-2799	462	6	(	(	PUNCT
taxlaw-2799	462	7	july	july	PROPN
taxlaw-2799	462	8	14	14	NUM
taxlaw-2799	462	9	,	,	PUNCT
taxlaw-2799	462	10	2010	2010	NUM
taxlaw-2799	462	11	)	)	PUNCT
taxlaw-2799	462	12	.	.	PUNCT
taxlaw-2799	463	1	2011	2011	NUM
taxlaw-2799	463	2	]	]	PUNCT
taxlaw-2799	463	3	ew	ew	AUX
taxlaw-2799	463	4	tax	tax	NOUN
taxlaw-2799	463	5	issues	issue	NOUN
taxlaw-2799	463	6	arisi	arisi	VERB
taxlaw-2799	463	7	g	g	PROPN
taxlaw-2799	463	8	from	from	ADP
taxlaw-2799	463	9	the	the	DET
taxlaw-2799	463	10	dodd	dodd	NOUN
taxlaw-2799	463	11	-	-	PUNCT
taxlaw-2799	463	12	fra	fra	PROPN
taxlaw-2799	463	13	k	k	PROPN
taxlaw-2799	463	14	act	act	VERB
taxlaw-2799	463	15	23	23	NUM
taxlaw-2799	463	16	average	average	ADJ
taxlaw-2799	463	17	cost	cost	NOUN
taxlaw-2799	463	18	of	of	ADP
taxlaw-2799	463	19	its	its	PRON
taxlaw-2799	463	20	outstanding	outstanding	ADJ
taxlaw-2799	463	21	debt.38	debt.38	NOUN
taxlaw-2799	463	22	the	the	DET
taxlaw-2799	463	23	taxpayer	taxpayer	NOUN
taxlaw-2799	463	24	entered	enter	VERB
taxlaw-2799	463	25	into	into	ADP
taxlaw-2799	463	26	several	several	ADJ
taxlaw-2799	463	27	types	type	NOUN
taxlaw-2799	463	28	of	of	ADP
taxlaw-2799	463	29	derivatives	derivative	NOUN
taxlaw-2799	463	30	in	in	ADP
taxlaw-2799	463	31	order	order	NOUN
taxlaw-2799	463	32	to	to	PART
taxlaw-2799	463	33	hedge	hedge	VERB
taxlaw-2799	463	34	its	its	PRON
taxlaw-2799	463	35	interest	interest	NOUN
taxlaw-2799	463	36	rate	rate	NOUN
taxlaw-2799	463	37	and	and	CCONJ
taxlaw-2799	463	38	duration	duration	NOUN
taxlaw-2799	463	39	risk	risk	NOUN
taxlaw-2799	463	40	.	.	PUNCT
taxlaw-2799	464	1	another	another	DET
taxlaw-2799	464	2	type	type	NOUN
taxlaw-2799	464	3	of	of	ADP
taxlaw-2799	464	4	taxpayer	taxpayer	NOUN
taxlaw-2799	464	5	that	that	PRON
taxlaw-2799	464	6	may	may	AUX
taxlaw-2799	464	7	use	use	VERB
taxlaw-2799	464	8	derivatives	derivative	NOUN
taxlaw-2799	464	9	in	in	ADP
taxlaw-2799	464	10	this	this	DET
taxlaw-2799	464	11	manner	manner	NOUN
taxlaw-2799	464	12	is	be	AUX
taxlaw-2799	464	13	a	a	DET
taxlaw-2799	464	14	life	life	NOUN
taxlaw-2799	464	15	insurance	insurance	NOUN
taxlaw-2799	464	16	company	company	NOUN
taxlaw-2799	464	17	,	,	PUNCT
taxlaw-2799	464	18	which	which	PRON
taxlaw-2799	464	19	may	may	AUX
taxlaw-2799	464	20	face	face	VERB
taxlaw-2799	464	21	a	a	DET
taxlaw-2799	464	22	gap	gap	NOUN
taxlaw-2799	464	23	between	between	ADP
taxlaw-2799	464	24	the	the	DET
taxlaw-2799	464	25	rates	rate	NOUN
taxlaw-2799	464	26	or	or	CCONJ
taxlaw-2799	464	27	duration	duration	NOUN
taxlaw-2799	464	28	on	on	ADP
taxlaw-2799	464	29	its	its	PRON
taxlaw-2799	464	30	investment	investment	NOUN
taxlaw-2799	464	31	assets	asset	NOUN
taxlaw-2799	464	32	and	and	CCONJ
taxlaw-2799	464	33	the	the	DET
taxlaw-2799	464	34	cash	cash	NOUN
taxlaw-2799	464	35	flows	flow	VERB
taxlaw-2799	464	36	it	it	PRON
taxlaw-2799	464	37	expects	expect	VERB
taxlaw-2799	464	38	to	to	PART
taxlaw-2799	464	39	need	need	VERB
taxlaw-2799	464	40	to	to	PART
taxlaw-2799	464	41	pay	pay	VERB
taxlaw-2799	464	42	out	out	ADP
taxlaw-2799	464	43	on	on	ADP
taxlaw-2799	464	44	its	its	PRON
taxlaw-2799	464	45	policies	policy	NOUN
taxlaw-2799	464	46	.	.	PUNCT
taxlaw-2799	465	1	as	as	SCONJ
taxlaw-2799	465	2	the	the	DET
taxlaw-2799	465	3	f	f	PROPN
taxlaw-2799	465	4	ma	ma	PROPN
taxlaw-2799	465	5	case	case	NOUN
taxlaw-2799	465	6	illustrates	illustrate	VERB
taxlaw-2799	465	7	,	,	PUNCT
taxlaw-2799	465	8	it	it	PRON
taxlaw-2799	465	9	is	be	AUX
taxlaw-2799	465	10	crucial	crucial	ADJ
taxlaw-2799	465	11	for	for	SCONJ
taxlaw-2799	465	12	a	a	DET
taxlaw-2799	465	13	taxpayer	taxpayer	NOUN
taxlaw-2799	465	14	of	of	ADP
taxlaw-2799	465	15	this	this	DET
taxlaw-2799	465	16	kind	kind	NOUN
taxlaw-2799	465	17	to	to	PART
taxlaw-2799	465	18	be	be	AUX
taxlaw-2799	465	19	able	able	ADJ
taxlaw-2799	465	20	to	to	PART
taxlaw-2799	465	21	treat	treat	VERB
taxlaw-2799	465	22	gains	gain	NOUN
taxlaw-2799	465	23	and	and	CCONJ
taxlaw-2799	465	24	losses	loss	NOUN
taxlaw-2799	465	25	on	on	ADP
taxlaw-2799	465	26	its	its	PRON
taxlaw-2799	465	27	hedges	hedge	NOUN
taxlaw-2799	465	28	as	as	ADP
taxlaw-2799	465	29	ordinary	ordinary	ADJ
taxlaw-2799	465	30	rather	rather	ADV
taxlaw-2799	465	31	than	than	ADP
taxlaw-2799	465	32	capital	capital	NOUN
taxlaw-2799	465	33	.	.	PUNCT
taxlaw-2799	466	1	2	2	X
taxlaw-2799	466	2	.	.	X
taxlaw-2799	466	3	mark	mark	PROPN
taxlaw-2799	466	4	-	-	PUNCT
taxlaw-2799	466	5	to	to	ADP
taxlaw-2799	466	6	-	-	PUNCT
taxlaw-2799	466	7	market	market	NOUN
taxlaw-2799	466	8	rules	rule	NOUN
taxlaw-2799	466	9	.	.	PUNCT
taxlaw-2799	467	1	a	a	DET
taxlaw-2799	467	2	taxpayer	taxpayer	NOUN
taxlaw-2799	467	3	using	use	VERB
taxlaw-2799	467	4	a	a	DET
taxlaw-2799	467	5	“	"	PUNCT
taxlaw-2799	467	6	markto	markto	NOUN
taxlaw-2799	467	7	-	-	PUNCT
taxlaw-2799	467	8	market	market	NOUN
taxlaw-2799	467	9	”	"	PUNCT
taxlaw-2799	467	10	method	method	NOUN
taxlaw-2799	467	11	of	of	ADP
taxlaw-2799	467	12	tax	tax	NOUN
taxlaw-2799	467	13	accounting	accounting	NOUN
taxlaw-2799	467	14	treats	treat	NOUN
taxlaw-2799	467	15	assets	asset	NOUN
taxlaw-2799	467	16	or	or	CCONJ
taxlaw-2799	467	17	other	other	ADJ
taxlaw-2799	467	18	positions	position	NOUN
taxlaw-2799	467	19	subject	subject	ADJ
taxlaw-2799	467	20	to	to	ADP
taxlaw-2799	467	21	that	that	DET
taxlaw-2799	467	22	method	method	NOUN
taxlaw-2799	467	23	as	as	SCONJ
taxlaw-2799	467	24	if	if	SCONJ
taxlaw-2799	467	25	sold	sell	VERB
taxlaw-2799	467	26	at	at	ADP
taxlaw-2799	467	27	year	year	NOUN
taxlaw-2799	467	28	-	-	PUNCT
taxlaw-2799	467	29	end	end	NOUN
taxlaw-2799	467	30	,	,	PUNCT
taxlaw-2799	467	31	generally	generally	ADV
taxlaw-2799	467	32	solely	solely	ADV
taxlaw-2799	467	33	for	for	ADP
taxlaw-2799	467	34	purposes	purpose	NOUN
taxlaw-2799	467	35	of	of	ADP
taxlaw-2799	467	36	determining	determine	VERB
taxlaw-2799	467	37	gain	gain	NOUN
taxlaw-2799	467	38	or	or	CCONJ
taxlaw-2799	467	39	loss	loss	NOUN
taxlaw-2799	467	40	with	with	ADP
taxlaw-2799	467	41	respect	respect	NOUN
taxlaw-2799	467	42	to	to	ADP
taxlaw-2799	467	43	that	that	DET
taxlaw-2799	467	44	position	position	NOUN
taxlaw-2799	467	45	.	.	PUNCT
taxlaw-2799	468	1	future	future	ADJ
taxlaw-2799	468	2	gain	gain	NOUN
taxlaw-2799	468	3	or	or	CCONJ
taxlaw-2799	468	4	loss	loss	NOUN
taxlaw-2799	468	5	,	,	PUNCT
taxlaw-2799	468	6	whether	whether	SCONJ
taxlaw-2799	468	7	from	from	ADP
taxlaw-2799	468	8	a	a	DET
taxlaw-2799	468	9	subsequent	subsequent	ADJ
taxlaw-2799	468	10	mark	mark	NOUN
taxlaw-2799	468	11	or	or	CCONJ
taxlaw-2799	468	12	from	from	ADP
taxlaw-2799	468	13	disposition	disposition	NOUN
taxlaw-2799	468	14	,	,	PUNCT
taxlaw-2799	468	15	are	be	AUX
taxlaw-2799	468	16	adjusted	adjust	VERB
taxlaw-2799	468	17	to	to	PART
taxlaw-2799	468	18	take	take	VERB
taxlaw-2799	468	19	the	the	DET
taxlaw-2799	468	20	recognized	recognize	VERB
taxlaw-2799	468	21	gain	gain	NOUN
taxlaw-2799	468	22	or	or	CCONJ
taxlaw-2799	468	23	loss	loss	NOUN
taxlaw-2799	468	24	into	into	ADP
taxlaw-2799	468	25	account	account	NOUN
taxlaw-2799	468	26	.	.	PUNCT
taxlaw-2799	469	1	as	as	SCONJ
taxlaw-2799	469	2	anyone	anyone	PRON
taxlaw-2799	469	3	with	with	ADP
taxlaw-2799	469	4	even	even	ADV
taxlaw-2799	469	5	a	a	DET
taxlaw-2799	469	6	cursory	cursory	NOUN
taxlaw-2799	469	7	understanding	understanding	NOUN
taxlaw-2799	469	8	of	of	ADP
taxlaw-2799	469	9	u.s	u.s	PROPN
taxlaw-2799	469	10	.	.	PROPN
taxlaw-2799	469	11	tax	tax	NOUN
taxlaw-2799	469	12	rules	rule	NOUN
taxlaw-2799	469	13	knows	know	VERB
taxlaw-2799	469	14	,	,	PUNCT
taxlaw-2799	469	15	mark	mark	NOUN
taxlaw-2799	469	16	-	-	PUNCT
taxlaw-2799	469	17	to	to	ADP
taxlaw-2799	469	18	-	-	PUNCT
taxlaw-2799	469	19	market	market	NOUN
taxlaw-2799	469	20	is	be	AUX
taxlaw-2799	469	21	not	not	PART
taxlaw-2799	469	22	a	a	DET
taxlaw-2799	469	23	customary	customary	ADJ
taxlaw-2799	469	24	method	method	NOUN
taxlaw-2799	469	25	of	of	ADP
taxlaw-2799	469	26	accounting	account	VERB
taxlaw-2799	469	27	for	for	ADP
taxlaw-2799	469	28	most	most	ADJ
taxlaw-2799	469	29	taxpayers	taxpayer	NOUN
taxlaw-2799	469	30	.	.	PUNCT
taxlaw-2799	470	1	that	that	PRON
taxlaw-2799	470	2	is	be	AUX
taxlaw-2799	470	3	true	true	ADJ
taxlaw-2799	470	4	even	even	ADV
taxlaw-2799	470	5	for	for	ADP
taxlaw-2799	470	6	assets	asset	NOUN
taxlaw-2799	470	7	that	that	PRON
taxlaw-2799	470	8	are	be	AUX
taxlaw-2799	470	9	easy	easy	ADJ
taxlaw-2799	470	10	to	to	PART
taxlaw-2799	470	11	value	value	VERB
taxlaw-2799	470	12	and	and	CCONJ
taxlaw-2799	470	13	readily	readily	ADV
taxlaw-2799	470	14	turned	turn	VERB
taxlaw-2799	470	15	into	into	ADP
taxlaw-2799	470	16	cash	cash	NOUN
taxlaw-2799	470	17	,	,	PUNCT
taxlaw-2799	470	18	like	like	ADP
taxlaw-2799	470	19	publicly	publicly	ADV
taxlaw-2799	470	20	traded	trade	VERB
taxlaw-2799	470	21	stock	stock	NOUN
taxlaw-2799	470	22	.	.	PUNCT
taxlaw-2799	471	1	rather	rather	ADV
taxlaw-2799	471	2	,	,	PUNCT
taxlaw-2799	471	3	mark	mark	NOUN
taxlaw-2799	471	4	-	-	PUNCT
taxlaw-2799	471	5	to	to	ADP
taxlaw-2799	471	6	-	-	PUNCT
taxlaw-2799	471	7	market	market	NOUN
taxlaw-2799	471	8	rules	rule	NOUN
taxlaw-2799	471	9	generally	generally	ADV
taxlaw-2799	471	10	apply	apply	VERB
taxlaw-2799	471	11	in	in	ADP
taxlaw-2799	471	12	one	one	NUM
taxlaw-2799	471	13	of	of	ADP
taxlaw-2799	471	14	two	two	NUM
taxlaw-2799	471	15	situations	situation	NOUN
taxlaw-2799	471	16	:	:	PUNCT
taxlaw-2799	471	17	a	a	DET
taxlaw-2799	471	18	taxpayer	taxpayer	NOUN
taxlaw-2799	471	19	election	election	NOUN
taxlaw-2799	471	20	or	or	CCONJ
taxlaw-2799	471	21	prevention	prevention	NOUN
taxlaw-2799	471	22	of	of	ADP
taxlaw-2799	471	23	abuse	abuse	NOUN
taxlaw-2799	471	24	.	.	PUNCT
taxlaw-2799	472	1	examples	example	NOUN
taxlaw-2799	472	2	of	of	ADP
taxlaw-2799	472	3	mark	mark	NOUN
taxlaw-2799	472	4	-	-	PUNCT
taxlaw-2799	472	5	to	to	ADP
taxlaw-2799	472	6	-	-	PUNCT
taxlaw-2799	472	7	market	market	NOUN
taxlaw-2799	472	8	rules	rule	NOUN
taxlaw-2799	472	9	include	include	VERB
taxlaw-2799	472	10	§	§	PROPN
taxlaw-2799	472	11	§	§	PROPN
taxlaw-2799	472	12	877a	877a	PROPN
taxlaw-2799	472	13	(	(	PUNCT
taxlaw-2799	472	14	expatriates	expatriate	NOUN
taxlaw-2799	472	15	)	)	PUNCT
taxlaw-2799	472	16	,	,	PUNCT
taxlaw-2799	472	17	1256	1256	NUM
taxlaw-2799	472	18	,	,	PUNCT
taxlaw-2799	472	19	1260	1260	NUM
taxlaw-2799	472	20	(	(	PUNCT
taxlaw-2799	472	21	constructive	constructive	ADJ
taxlaw-2799	472	22	ownership	ownership	NOUN
taxlaw-2799	472	23	rules	rule	NOUN
taxlaw-2799	472	24	)	)	PUNCT
taxlaw-2799	472	25	,	,	PUNCT
taxlaw-2799	472	26	and	and	CCONJ
taxlaw-2799	472	27	1296	1296	NUM
taxlaw-2799	472	28	(	(	PUNCT
taxlaw-2799	472	29	modified	modify	VERB
taxlaw-2799	472	30	mark	mark	NOUN
taxlaw-2799	472	31	-	-	PUNCT
taxlaw-2799	472	32	tomarket	tomarket	NOUN
taxlaw-2799	472	33	rules	rule	NOUN
taxlaw-2799	472	34	for	for	ADP
taxlaw-2799	472	35	passive	passive	ADJ
taxlaw-2799	472	36	foreign	foreign	ADJ
taxlaw-2799	472	37	investment	investment	NOUN
taxlaw-2799	472	38	companies).39	companies).39	ADP
taxlaw-2799	472	39	a	a	DET
taxlaw-2799	472	40	taxpayer	taxpayer	NOUN
taxlaw-2799	472	41	that	that	PRON
taxlaw-2799	472	42	is	be	AUX
taxlaw-2799	472	43	a	a	DET
taxlaw-2799	472	44	“	"	PUNCT
taxlaw-2799	472	45	dealer	dealer	NOUN
taxlaw-2799	472	46	in	in	ADP
taxlaw-2799	472	47	securities	security	NOUN
taxlaw-2799	472	48	,	,	PUNCT
taxlaw-2799	472	49	”	"	PUNCT
taxlaw-2799	472	50	however	however	ADV
taxlaw-2799	472	51	,	,	PUNCT
taxlaw-2799	472	52	generally	generally	ADV
taxlaw-2799	472	53	is	be	AUX
taxlaw-2799	472	54	required	require	VERB
taxlaw-2799	472	55	to	to	PART
taxlaw-2799	472	56	mark	mark	VERB
taxlaw-2799	472	57	its	its	PRON
taxlaw-2799	472	58	securities	security	NOUN
taxlaw-2799	472	59	to	to	ADP
taxlaw-2799	472	60	market	market	NOUN
taxlaw-2799	472	61	,	,	PUNCT
taxlaw-2799	472	62	under	under	ADP
taxlaw-2799	472	63	§	§	PROPN
taxlaw-2799	472	64	475	475	NUM
taxlaw-2799	472	65	.	.	PUNCT
taxlaw-2799	473	1	unlike	unlike	ADP
taxlaw-2799	473	2	§	§	PROPN
taxlaw-2799	473	3	1256	1256	NUM
taxlaw-2799	473	4	,	,	PUNCT
taxlaw-2799	473	5	under	under	ADP
taxlaw-2799	473	6	§	§	PROPN
taxlaw-2799	473	7	475	475	NUM
taxlaw-2799	473	8	gain	gain	NOUN
taxlaw-2799	473	9	or	or	CCONJ
taxlaw-2799	473	10	loss	loss	NOUN
taxlaw-2799	473	11	from	from	ADP
taxlaw-2799	473	12	positions	position	NOUN
taxlaw-2799	473	13	held	hold	VERB
taxlaw-2799	473	14	in	in	ADP
taxlaw-2799	473	15	connection	connection	NOUN
taxlaw-2799	473	16	with	with	ADP
taxlaw-2799	473	17	a	a	DET
taxlaw-2799	473	18	dealer	dealer	NOUN
taxlaw-2799	473	19	’s	’s	PART
taxlaw-2799	473	20	activities	activity	NOUN
taxlaw-2799	473	21	as	as	SCONJ
taxlaw-2799	473	22	such	such	ADJ
taxlaw-2799	473	23	give	give	VERB
taxlaw-2799	473	24	rise	rise	NOUN
taxlaw-2799	473	25	to	to	ADP
taxlaw-2799	473	26	ordinary	ordinary	ADJ
taxlaw-2799	473	27	gain	gain	NOUN
taxlaw-2799	473	28	or	or	CCONJ
taxlaw-2799	473	29	loss	loss	NOUN
taxlaw-2799	473	30	.	.	PUNCT
taxlaw-2799	474	1	this	this	PRON
taxlaw-2799	474	2	is	be	AUX
taxlaw-2799	474	3	to	to	PART
taxlaw-2799	474	4	be	be	AUX
taxlaw-2799	474	5	expected	expect	VERB
taxlaw-2799	474	6	,	,	PUNCT
taxlaw-2799	474	7	as	as	SCONJ
taxlaw-2799	474	8	gain	gain	NOUN
taxlaw-2799	474	9	or	or	CCONJ
taxlaw-2799	474	10	loss	loss	NOUN
taxlaw-2799	474	11	from	from	ADP
taxlaw-2799	474	12	ordinary	ordinary	ADJ
taxlaw-2799	474	13	business	business	NOUN
taxlaw-2799	474	14	activities	activity	NOUN
taxlaw-2799	474	15	generally	generally	ADV
taxlaw-2799	474	16	is	be	AUX
taxlaw-2799	474	17	ordinary	ordinary	ADJ
taxlaw-2799	474	18	.	.	PUNCT
taxlaw-2799	475	1	in	in	ADP
taxlaw-2799	475	2	the	the	DET
taxlaw-2799	475	3	case	case	NOUN
taxlaw-2799	475	4	of	of	ADP
taxlaw-2799	475	5	a	a	DET
taxlaw-2799	475	6	dealer	dealer	NOUN
taxlaw-2799	475	7	in	in	ADP
taxlaw-2799	475	8	securities	security	NOUN
taxlaw-2799	475	9	who	who	PRON
taxlaw-2799	475	10	transacts	transact	VERB
taxlaw-2799	475	11	in	in	ADP
taxlaw-2799	475	12	section	section	NOUN
taxlaw-2799	475	13	1256	1256	NUM
taxlaw-2799	475	14	contracts	contract	NOUN
taxlaw-2799	475	15	as	as	ADP
taxlaw-2799	475	16	part	part	NOUN
taxlaw-2799	475	17	of	of	ADP
taxlaw-2799	475	18	the	the	DET
taxlaw-2799	475	19	normal	normal	ADJ
taxlaw-2799	475	20	course	course	NOUN
taxlaw-2799	475	21	of	of	ADP
taxlaw-2799	475	22	its	its	PRON
taxlaw-2799	475	23	business	business	NOUN
taxlaw-2799	475	24	,	,	PUNCT
taxlaw-2799	475	25	there	there	PRON
taxlaw-2799	475	26	is	be	VERB
taxlaw-2799	475	27	a	a	DET
taxlaw-2799	475	28	potential	potential	ADJ
taxlaw-2799	475	29	conflict	conflict	NOUN
taxlaw-2799	475	30	between	between	ADP
taxlaw-2799	475	31	the	the	DET
taxlaw-2799	475	32	general	general	ADJ
taxlaw-2799	475	33	capital	capital	NOUN
taxlaw-2799	475	34	gain	gain	NOUN
taxlaw-2799	475	35	/	/	SYM
taxlaw-2799	475	36	loss	loss	NOUN
taxlaw-2799	475	37	rules	rule	NOUN
taxlaw-2799	475	38	of	of	ADP
taxlaw-2799	475	39	§	§	PROPN
taxlaw-2799	475	40	1256	1256	NUM
taxlaw-2799	475	41	and	and	CCONJ
taxlaw-2799	475	42	the	the	DET
taxlaw-2799	475	43	general	general	ADJ
taxlaw-2799	475	44	ordinary	ordinary	ADJ
taxlaw-2799	475	45	income	income	NOUN
taxlaw-2799	475	46	/	/	SYM
taxlaw-2799	475	47	expense	expense	NOUN
taxlaw-2799	475	48	rules	rule	NOUN
taxlaw-2799	475	49	of	of	ADP
taxlaw-2799	475	50	§	§	PROPN
taxlaw-2799	475	51	475	475	NUM
taxlaw-2799	475	52	.	.	PUNCT
taxlaw-2799	475	53	sections	section	NOUN
taxlaw-2799	475	54	475	475	NUM
taxlaw-2799	475	55	and	and	CCONJ
taxlaw-2799	475	56	1256	1256	NUM
taxlaw-2799	475	57	contain	contain	VERB
taxlaw-2799	475	58	several	several	ADJ
taxlaw-2799	475	59	rules	rule	NOUN
taxlaw-2799	475	60	intended	intend	VERB
taxlaw-2799	475	61	to	to	PART
taxlaw-2799	475	62	clarify	clarify	VERB
taxlaw-2799	475	63	when	when	SCONJ
taxlaw-2799	475	64	each	each	DET
taxlaw-2799	475	65	rule	rule	NOUN
taxlaw-2799	475	66	applies	apply	VERB
taxlaw-2799	475	67	.	.	PUNCT
taxlaw-2799	476	1	as	as	SCONJ
taxlaw-2799	476	2	discussed	discuss	VERB
taxlaw-2799	476	3	in	in	ADP
taxlaw-2799	476	4	more	more	ADJ
taxlaw-2799	476	5	detail	detail	NOUN
taxlaw-2799	476	6	in	in	ADP
taxlaw-2799	476	7	section	section	NOUN
taxlaw-2799	476	8	iii.a	iii.a	PROPN
taxlaw-2799	476	9	,	,	PUNCT
taxlaw-2799	476	10	below	below	ADV
taxlaw-2799	476	11	,	,	PUNCT
taxlaw-2799	476	12	however	however	ADV
taxlaw-2799	476	13	,	,	PUNCT
taxlaw-2799	476	14	these	these	DET
taxlaw-2799	476	15	rules	rule	NOUN
taxlaw-2799	476	16	may	may	AUX
taxlaw-2799	476	17	work	work	VERB
taxlaw-2799	476	18	imperfectly	imperfectly	ADV
taxlaw-2799	476	19	.	.	PUNCT
taxlaw-2799	477	1	since	since	SCONJ
taxlaw-2799	477	2	a	a	DET
taxlaw-2799	477	3	corporate	corporate	ADJ
taxlaw-2799	477	4	taxpayer	taxpayer	NOUN
taxlaw-2799	477	5	generally	generally	ADV
taxlaw-2799	477	6	has	have	VERB
taxlaw-2799	477	7	no	no	DET
taxlaw-2799	477	8	benefit	benefit	NOUN
taxlaw-2799	477	9	from	from	ADP
taxlaw-2799	477	10	capital	capital	NOUN
taxlaw-2799	477	11	gains	gain	NOUN
taxlaw-2799	477	12	under	under	ADP
taxlaw-2799	477	13	current	current	ADJ
taxlaw-2799	477	14	law	law	NOUN
taxlaw-2799	477	15	,	,	PUNCT
taxlaw-2799	477	16	but	but	CCONJ
taxlaw-2799	477	17	can	can	AUX
taxlaw-2799	477	18	not	not	PART
taxlaw-2799	477	19	deduct	deduct	VERB
taxlaw-2799	477	20	capital	capital	NOUN
taxlaw-2799	477	21	losses	loss	NOUN
taxlaw-2799	477	22	except	except	SCONJ
taxlaw-2799	477	23	to	to	ADP
taxlaw-2799	477	24	the	the	DET
taxlaw-2799	477	25	extent	extent	NOUN
taxlaw-2799	477	26	of	of	ADP
taxlaw-2799	477	27	capital	capital	NOUN
taxlaw-2799	477	28	gains	gain	NOUN
taxlaw-2799	477	29	,	,	PUNCT
taxlaw-2799	477	30	dealers	dealer	NOUN
taxlaw-2799	477	31	in	in	ADP
taxlaw-2799	477	32	securities	security	NOUN
taxlaw-2799	477	33	typically	typically	ADV
taxlaw-2799	477	34	prefer	prefer	VERB
taxlaw-2799	477	35	for	for	ADP
taxlaw-2799	477	36	derivatives	derivative	NOUN
taxlaw-2799	477	37	that	that	PRON
taxlaw-2799	477	38	they	they	PRON
taxlaw-2799	477	39	enter	enter	VERB
taxlaw-2799	477	40	into	into	ADP
taxlaw-2799	477	41	to	to	PART
taxlaw-2799	477	42	be	be	AUX
taxlaw-2799	477	43	subject	subject	ADJ
taxlaw-2799	477	44	to	to	ADP
taxlaw-2799	477	45	§	§	PROPN
taxlaw-2799	477	46	475	475	NUM
taxlaw-2799	477	47	rather	rather	ADV
taxlaw-2799	477	48	than	than	ADP
taxlaw-2799	477	49	§	§	PROPN
taxlaw-2799	477	50	1256	1256	NUM
taxlaw-2799	477	51	.	.	PUNCT
taxlaw-2799	478	1	ii	ii	X
taxlaw-2799	478	2	.	.	PUNCT
taxlaw-2799	479	1	developments	development	NOUN
taxlaw-2799	479	2	in	in	ADP
taxlaw-2799	479	3	the	the	DET
taxlaw-2799	479	4	markets	market	NOUN
taxlaw-2799	479	5	and	and	CCONJ
taxlaw-2799	479	6	the	the	DET
taxlaw-2799	479	7	law	law	NOUN
taxlaw-2799	479	8	.	.	PUNCT
taxlaw-2799	480	1	as	as	SCONJ
taxlaw-2799	480	2	described	describe	VERB
taxlaw-2799	480	3	earlier	early	ADV
taxlaw-2799	480	4	,	,	PUNCT
taxlaw-2799	480	5	a	a	DET
taxlaw-2799	480	6	number	number	NOUN
taxlaw-2799	480	7	of	of	ADP
taxlaw-2799	480	8	events	event	NOUN
taxlaw-2799	480	9	,	,	PUNCT
taxlaw-2799	480	10	most	most	ADV
taxlaw-2799	480	11	notably	notably	ADV
taxlaw-2799	480	12	the	the	DET
taxlaw-2799	480	13	emergency	emergency	NOUN
taxlaw-2799	480	14	rescue	rescue	NOUN
taxlaw-2799	480	15	of	of	ADP
taxlaw-2799	480	16	aig	aig	PROPN
taxlaw-2799	480	17	by	by	ADP
taxlaw-2799	480	18	the	the	DET
taxlaw-2799	480	19	federal	federal	ADJ
taxlaw-2799	480	20	government	government	NOUN
taxlaw-2799	480	21	in	in	ADP
taxlaw-2799	480	22	the	the	DET
taxlaw-2799	480	23	fall	fall	NOUN
taxlaw-2799	480	24	of	of	ADP
taxlaw-2799	480	25	2008	2008	NUM
taxlaw-2799	480	26	,	,	PUNCT
taxlaw-2799	480	27	led	lead	VERB
taxlaw-2799	480	28	many	many	ADJ
taxlaw-2799	480	29	government	government	NOUN
taxlaw-2799	480	30	regulators	regulator	NOUN
taxlaw-2799	480	31	and	and	CCONJ
taxlaw-2799	480	32	other	other	ADJ
taxlaw-2799	480	33	policymakers	policymaker	NOUN
taxlaw-2799	480	34	to	to	ADP
taxlaw-2799	480	35	the	the	DET
taxlaw-2799	480	36	conclusion	conclusion	NOUN
taxlaw-2799	480	37	that	that	SCONJ
taxlaw-2799	480	38	38	38	NUM
taxlaw-2799	480	39	fed	fed	PROPN
taxlaw-2799	480	40	.	.	PUNCT
taxlaw-2799	481	1	nat’l	nat’l	PROPN
taxlaw-2799	481	2	mortg	mortg	PROPN
taxlaw-2799	481	3	.	.	PUNCT
taxlaw-2799	482	1	ass’n	ass’n	VERB
taxlaw-2799	482	2	v.	v.	ADP
taxlaw-2799	482	3	comm’r	comm’r	NOUN
taxlaw-2799	482	4	,	,	PUNCT
taxlaw-2799	482	5	100	100	NUM
taxlaw-2799	482	6	t.c	t.c	PROPN
taxlaw-2799	482	7	.	.	PROPN
taxlaw-2799	483	1	541	541	NUM
taxlaw-2799	483	2	(	(	PUNCT
taxlaw-2799	483	3	1993	1993	NUM
taxlaw-2799	483	4	)	)	PUNCT
taxlaw-2799	483	5	.	.	PUNCT
taxlaw-2799	484	1	39	39	NUM
taxlaw-2799	484	2	mark	mark	NOUN
taxlaw-2799	484	3	-	-	PUNCT
taxlaw-2799	484	4	to	to	ADP
taxlaw-2799	484	5	-	-	PUNCT
taxlaw-2799	484	6	market	market	NOUN
taxlaw-2799	484	7	is	be	AUX
taxlaw-2799	484	8	also	also	ADV
taxlaw-2799	484	9	permitted	permit	VERB
taxlaw-2799	484	10	or	or	CCONJ
taxlaw-2799	484	11	required	require	VERB
taxlaw-2799	484	12	by	by	ADP
taxlaw-2799	484	13	various	various	ADJ
taxlaw-2799	484	14	regulations	regulation	NOUN
taxlaw-2799	484	15	,	,	PUNCT
taxlaw-2799	484	16	including	include	VERB
taxlaw-2799	484	17	treas	treas	PROPN
taxlaw-2799	484	18	.	.	PUNCT
taxlaw-2799	485	1	reg	reg	PROPN
taxlaw-2799	485	2	.	.	PUNCT
taxlaw-2799	486	1	§	§	PROPN
taxlaw-2799	486	2	§	§	PROPN
taxlaw-2799	486	3	1.148	1.148	NUM
taxlaw-2799	486	4	-	-	SYM
taxlaw-2799	486	5	6(e)(5	6(e)(5	NUM
taxlaw-2799	486	6	)	)	PUNCT
taxlaw-2799	486	7	(	(	PUNCT
taxlaw-2799	486	8	internal	internal	ADJ
taxlaw-2799	486	9	commingled	commingle	VERB
taxlaw-2799	486	10	funds	fund	NOUN
taxlaw-2799	486	11	)	)	PUNCT
taxlaw-2799	486	12	,	,	PUNCT
taxlaw-2799	486	13	1.148	1.148	NUM
taxlaw-2799	486	14	-	-	SYM
taxlaw-2799	486	15	9(c)(1)(iv)(b	9(c)(1)(iv)(b	NUM
taxlaw-2799	486	16	)	)	PUNCT
taxlaw-2799	486	17	(	(	PUNCT
taxlaw-2799	486	18	allocation	allocation	NOUN
taxlaw-2799	486	19	rules	rule	NOUN
taxlaw-2799	486	20	for	for	ADP
taxlaw-2799	486	21	refunding	refund	VERB
taxlaw-2799	486	22	issues	issue	NOUN
taxlaw-2799	486	23	)	)	PUNCT
taxlaw-2799	486	24	,	,	PUNCT
taxlaw-2799	486	25	1.1092(b)-3t(b)(6	1.1092(b)-3t(b)(6	NUM
taxlaw-2799	486	26	)	)	PUNCT
taxlaw-2799	486	27	(	(	PUNCT
taxlaw-2799	486	28	identified	identify	VERB
taxlaw-2799	486	29	mixed	mixed	ADJ
taxlaw-2799	486	30	straddles	straddle	NOUN
taxlaw-2799	486	31	)	)	PUNCT
taxlaw-2799	486	32	,	,	PUNCT
taxlaw-2799	486	33	and	and	CCONJ
taxlaw-2799	486	34	1.1092(b)4t(c)(5	1.1092(b)4t(c)(5	NUM
taxlaw-2799	486	35	)	)	PUNCT
taxlaw-2799	486	36	(	(	PUNCT
taxlaw-2799	486	37	mixed	mixed	ADJ
taxlaw-2799	486	38	straddle	straddle	NOUN
taxlaw-2799	486	39	accounts	account	NOUN
taxlaw-2799	486	40	)	)	PUNCT
taxlaw-2799	486	41	.	.	PUNCT
taxlaw-2799	487	1	24	24	NUM
taxlaw-2799	487	2	columbia	columbia	PROPN
taxlaw-2799	487	3	jour	jour	PROPN
taxlaw-2799	487	4	al	al	PROPN
taxlaw-2799	487	5	of	of	ADP
taxlaw-2799	487	6	tax	tax	NOUN
taxlaw-2799	487	7	law	law	NOUN
taxlaw-2799	488	1	[	[	X
taxlaw-2799	488	2	vol	vol	NOUN
taxlaw-2799	488	3	.	.	PUNCT
taxlaw-2799	488	4	2:1	2:1	NUM
taxlaw-2799	489	1	the	the	DET
taxlaw-2799	489	2	cds	cd	NOUN
taxlaw-2799	489	3	market	market	NOUN
taxlaw-2799	489	4	,	,	PUNCT
taxlaw-2799	489	5	and	and	CCONJ
taxlaw-2799	489	6	more	more	ADV
taxlaw-2799	489	7	generally	generally	ADV
taxlaw-2799	489	8	the	the	DET
taxlaw-2799	489	9	otc	otc	PROPN
taxlaw-2799	489	10	market	market	NOUN
taxlaw-2799	489	11	for	for	ADP
taxlaw-2799	489	12	derivative	derivative	ADJ
taxlaw-2799	489	13	financial	financial	ADJ
taxlaw-2799	489	14	instruments	instrument	NOUN
taxlaw-2799	489	15	,	,	PUNCT
taxlaw-2799	489	16	must	must	AUX
taxlaw-2799	489	17	be	be	AUX
taxlaw-2799	489	18	transformed	transform	VERB
taxlaw-2799	489	19	so	so	SCONJ
taxlaw-2799	489	20	it	it	PRON
taxlaw-2799	489	21	poses	pose	VERB
taxlaw-2799	489	22	less	less	ADJ
taxlaw-2799	489	23	of	of	ADP
taxlaw-2799	489	24	a	a	DET
taxlaw-2799	489	25	risk	risk	NOUN
taxlaw-2799	489	26	to	to	ADP
taxlaw-2799	489	27	the	the	DET
taxlaw-2799	489	28	financial	financial	ADJ
taxlaw-2799	489	29	system	system	NOUN
taxlaw-2799	489	30	.	.	PUNCT
taxlaw-2799	490	1	among	among	ADP
taxlaw-2799	490	2	the	the	DET
taxlaw-2799	490	3	improvements	improvement	NOUN
taxlaw-2799	490	4	sought	seek	VERB
taxlaw-2799	490	5	were	be	AUX
taxlaw-2799	490	6	enhanced	enhance	VERB
taxlaw-2799	490	7	market	market	NOUN
taxlaw-2799	490	8	transparency	transparency	NOUN
taxlaw-2799	490	9	,	,	PUNCT
taxlaw-2799	490	10	improved	improve	VERB
taxlaw-2799	490	11	operational	operational	ADJ
taxlaw-2799	490	12	processes	process	NOUN
taxlaw-2799	490	13	,	,	PUNCT
taxlaw-2799	490	14	a	a	DET
taxlaw-2799	490	15	reduction	reduction	NOUN
taxlaw-2799	490	16	in	in	ADP
taxlaw-2799	490	17	the	the	DET
taxlaw-2799	490	18	level	level	NOUN
taxlaw-2799	490	19	of	of	ADP
taxlaw-2799	490	20	outstanding	outstanding	ADJ
taxlaw-2799	490	21	trades	trade	NOUN
taxlaw-2799	490	22	,	,	PUNCT
taxlaw-2799	490	23	and	and	CCONJ
taxlaw-2799	490	24	the	the	DET
taxlaw-2799	490	25	creation	creation	NOUN
taxlaw-2799	490	26	of	of	ADP
taxlaw-2799	490	27	a	a	DET
taxlaw-2799	490	28	single	single	ADJ
taxlaw-2799	490	29	central	central	ADJ
taxlaw-2799	490	30	counterparty	counterparty	NOUN
taxlaw-2799	490	31	for	for	ADP
taxlaw-2799	490	32	swaps.40	swaps.40	PROPN
taxlaw-2799	490	33	it	it	PRON
taxlaw-2799	490	34	was	be	AUX
taxlaw-2799	490	35	also	also	ADV
taxlaw-2799	490	36	envisioned	envision	VERB
taxlaw-2799	490	37	that	that	SCONJ
taxlaw-2799	490	38	there	there	PRON
taxlaw-2799	490	39	would	would	AUX
taxlaw-2799	490	40	be	be	AUX
taxlaw-2799	490	41	a	a	DET
taxlaw-2799	490	42	single	single	ADJ
taxlaw-2799	490	43	regulator	regulator	NOUN
taxlaw-2799	490	44	that	that	PRON
taxlaw-2799	490	45	would	would	AUX
taxlaw-2799	490	46	have	have	VERB
taxlaw-2799	490	47	oversight	oversight	NOUN
taxlaw-2799	490	48	over	over	ADP
taxlaw-2799	490	49	the	the	DET
taxlaw-2799	490	50	entire	entire	ADJ
taxlaw-2799	490	51	system	system	NOUN
taxlaw-2799	490	52	.	.	PUNCT
taxlaw-2799	491	1	some	some	PRON
taxlaw-2799	491	2	of	of	ADP
taxlaw-2799	491	3	these	these	DET
taxlaw-2799	491	4	goals	goal	NOUN
taxlaw-2799	491	5	were	be	AUX
taxlaw-2799	491	6	part	part	NOUN
taxlaw-2799	491	7	of	of	ADP
taxlaw-2799	491	8	a	a	DET
taxlaw-2799	491	9	larger	large	ADJ
taxlaw-2799	491	10	program	program	NOUN
taxlaw-2799	491	11	addressed	address	VERB
taxlaw-2799	491	12	to	to	ADP
taxlaw-2799	491	13	the	the	DET
taxlaw-2799	491	14	derivatives	derivative	NOUN
taxlaw-2799	491	15	market	market	NOUN
taxlaw-2799	491	16	as	as	ADP
taxlaw-2799	491	17	a	a	DET
taxlaw-2799	491	18	whole	whole	NOUN
taxlaw-2799	491	19	and	and	CCONJ
taxlaw-2799	491	20	some	some	PRON
taxlaw-2799	491	21	were	be	AUX
taxlaw-2799	491	22	cds	cds	NOUN
taxlaw-2799	491	23	-	-	PUNCT
taxlaw-2799	491	24	specific	specific	NOUN
taxlaw-2799	491	25	.	.	PUNCT
taxlaw-2799	492	1	in	in	ADP
taxlaw-2799	492	2	the	the	DET
taxlaw-2799	492	3	united	united	PROPN
taxlaw-2799	492	4	states	states	PROPN
taxlaw-2799	492	5	,	,	PUNCT
taxlaw-2799	492	6	the	the	DET
taxlaw-2799	492	7	fed	fed	PROPN
taxlaw-2799	492	8	took	take	VERB
taxlaw-2799	492	9	an	an	DET
taxlaw-2799	492	10	active	active	ADJ
taxlaw-2799	492	11	role	role	NOUN
taxlaw-2799	492	12	in	in	ADP
taxlaw-2799	492	13	encouraging	encourage	VERB
taxlaw-2799	492	14	dealers	dealer	NOUN
taxlaw-2799	492	15	in	in	ADP
taxlaw-2799	492	16	cds	cd	NOUN
taxlaw-2799	492	17	to	to	PART
taxlaw-2799	492	18	take	take	VERB
taxlaw-2799	492	19	several	several	ADJ
taxlaw-2799	492	20	steps	step	NOUN
taxlaw-2799	492	21	to	to	PART
taxlaw-2799	492	22	advance	advance	VERB
taxlaw-2799	492	23	these	these	DET
taxlaw-2799	492	24	goals	goal	NOUN
taxlaw-2799	492	25	.	.	PUNCT
taxlaw-2799	493	1	the	the	DET
taxlaw-2799	493	2	two	two	NUM
taxlaw-2799	493	3	steps	step	NOUN
taxlaw-2799	493	4	of	of	ADP
taxlaw-2799	493	5	interest	interest	NOUN
taxlaw-2799	493	6	for	for	ADP
taxlaw-2799	493	7	purposes	purpose	NOUN
taxlaw-2799	493	8	of	of	ADP
taxlaw-2799	493	9	this	this	DET
taxlaw-2799	493	10	article	article	NOUN
taxlaw-2799	493	11	are	be	AUX
taxlaw-2799	493	12	the	the	DET
taxlaw-2799	493	13	standardization	standardization	NOUN
taxlaw-2799	493	14	of	of	ADP
taxlaw-2799	493	15	cds	cd	NOUN
taxlaw-2799	493	16	terms	term	NOUN
taxlaw-2799	493	17	in	in	ADP
taxlaw-2799	493	18	the	the	DET
taxlaw-2799	493	19	spring	spring	NOUN
taxlaw-2799	493	20	of	of	ADP
taxlaw-2799	493	21	2009	2009	NUM
taxlaw-2799	493	22	,	,	PUNCT
taxlaw-2799	493	23	which	which	PRON
taxlaw-2799	493	24	was	be	AUX
taxlaw-2799	493	25	a	a	DET
taxlaw-2799	493	26	prerequisite	prerequisite	NOUN
taxlaw-2799	493	27	for	for	ADP
taxlaw-2799	493	28	the	the	DET
taxlaw-2799	493	29	clearing	clearing	NOUN
taxlaw-2799	493	30	of	of	ADP
taxlaw-2799	493	31	cds	cd	NOUN
taxlaw-2799	493	32	,	,	PUNCT
taxlaw-2799	493	33	and	and	CCONJ
taxlaw-2799	493	34	the	the	DET
taxlaw-2799	493	35	commencement	commencement	NOUN
taxlaw-2799	493	36	of	of	ADP
taxlaw-2799	493	37	clearing	clearing	NOUN
taxlaw-2799	493	38	of	of	ADP
taxlaw-2799	493	39	cds	cd	NOUN
taxlaw-2799	493	40	by	by	ADP
taxlaw-2799	493	41	two	two	NUM
taxlaw-2799	493	42	u.s	u.s	PROPN
taxlaw-2799	493	43	.	.	PROPN
taxlaw-2799	493	44	clearinghouses	clearinghouse	NOUN
taxlaw-2799	493	45	in	in	ADP
taxlaw-2799	493	46	the	the	DET
taxlaw-2799	493	47	fall	fall	NOUN
taxlaw-2799	493	48	of	of	ADP
taxlaw-2799	493	49	2009	2009	NUM
taxlaw-2799	493	50	.	.	PUNCT
taxlaw-2799	494	1	cds	cd	NOUN
taxlaw-2799	494	2	are	be	AUX
taxlaw-2799	494	3	now	now	ADV
taxlaw-2799	494	4	also	also	ADV
taxlaw-2799	494	5	being	be	AUX
taxlaw-2799	494	6	cleared	clear	VERB
taxlaw-2799	494	7	by	by	ADP
taxlaw-2799	494	8	several	several	ADJ
taxlaw-2799	494	9	european	european	ADJ
taxlaw-2799	494	10	clearinghouses	clearinghouse	NOUN
taxlaw-2799	494	11	.	.	PUNCT
taxlaw-2799	495	1	the	the	DET
taxlaw-2799	495	2	u.s	u.s	PROPN
taxlaw-2799	495	3	.	.	PROPN
taxlaw-2799	495	4	markets	market	NOUN
taxlaw-2799	495	5	for	for	ADP
taxlaw-2799	495	6	interest	interest	NOUN
taxlaw-2799	495	7	rate	rate	NOUN
taxlaw-2799	495	8	swaps	swap	NOUN
taxlaw-2799	495	9	are	be	AUX
taxlaw-2799	495	10	moving	move	VERB
taxlaw-2799	495	11	in	in	ADP
taxlaw-2799	495	12	the	the	DET
taxlaw-2799	495	13	same	same	ADJ
taxlaw-2799	495	14	direction	direction	NOUN
taxlaw-2799	495	15	.	.	PUNCT
taxlaw-2799	496	1	to	to	ADP
taxlaw-2799	496	2	date	date	NOUN
taxlaw-2799	496	3	,	,	PUNCT
taxlaw-2799	496	4	all	all	PRON
taxlaw-2799	496	5	of	of	ADP
taxlaw-2799	496	6	these	these	DET
taxlaw-2799	496	7	steps	step	NOUN
taxlaw-2799	496	8	have	have	AUX
taxlaw-2799	496	9	been	be	AUX
taxlaw-2799	496	10	nominally	nominally	ADV
taxlaw-2799	496	11	voluntary	voluntary	ADJ
taxlaw-2799	496	12	,	,	PUNCT
taxlaw-2799	496	13	although	although	SCONJ
taxlaw-2799	496	14	as	as	ADP
taxlaw-2799	496	15	a	a	DET
taxlaw-2799	496	16	practical	practical	ADJ
taxlaw-2799	496	17	matter	matter	NOUN
taxlaw-2799	496	18	the	the	DET
taxlaw-2799	496	19	active	active	ADJ
taxlaw-2799	496	20	involvement	involvement	NOUN
taxlaw-2799	496	21	of	of	ADP
taxlaw-2799	496	22	the	the	DET
taxlaw-2799	496	23	fed	fed	PROPN
taxlaw-2799	496	24	and	and	CCONJ
taxlaw-2799	496	25	other	other	ADJ
taxlaw-2799	496	26	regulators	regulator	NOUN
taxlaw-2799	496	27	has	have	AUX
taxlaw-2799	496	28	meant	mean	VERB
taxlaw-2799	496	29	that	that	SCONJ
taxlaw-2799	496	30	the	the	DET
taxlaw-2799	496	31	changes	change	NOUN
taxlaw-2799	496	32	have	have	AUX
taxlaw-2799	496	33	been	be	AUX
taxlaw-2799	496	34	adopted	adopt	VERB
taxlaw-2799	496	35	on	on	ADP
taxlaw-2799	496	36	an	an	DET
taxlaw-2799	496	37	industrywide	industrywide	ADJ
taxlaw-2799	496	38	basis	basis	NOUN
taxlaw-2799	496	39	by	by	ADP
taxlaw-2799	496	40	swap	swap	NOUN
taxlaw-2799	496	41	dealers	dealer	NOUN
taxlaw-2799	496	42	.	.	PUNCT
taxlaw-2799	497	1	dodd	dodd	PROPN
taxlaw-2799	497	2	-	-	PUNCT
taxlaw-2799	497	3	frank	frank	PROPN
taxlaw-2799	497	4	now	now	ADV
taxlaw-2799	497	5	requires	require	VERB
taxlaw-2799	497	6	that	that	SCONJ
taxlaw-2799	497	7	similar	similar	ADJ
taxlaw-2799	497	8	steps	step	NOUN
taxlaw-2799	497	9	be	be	AUX
taxlaw-2799	497	10	taken	take	VERB
taxlaw-2799	497	11	for	for	ADP
taxlaw-2799	497	12	other	other	ADJ
taxlaw-2799	497	13	classes	class	NOUN
taxlaw-2799	497	14	of	of	ADP
taxlaw-2799	497	15	swaps	swap	NOUN
taxlaw-2799	497	16	.	.	PUNCT
taxlaw-2799	498	1	as	as	SCONJ
taxlaw-2799	498	2	described	describe	VERB
taxlaw-2799	498	3	in	in	ADP
taxlaw-2799	498	4	more	more	ADJ
taxlaw-2799	498	5	detail	detail	NOUN
taxlaw-2799	498	6	below	below	ADV
taxlaw-2799	498	7	,	,	PUNCT
taxlaw-2799	498	8	under	under	ADP
taxlaw-2799	498	9	dodd	dodd	PROPN
taxlaw-2799	498	10	-	-	PUNCT
taxlaw-2799	498	11	frank	frank	ADJ
taxlaw-2799	498	12	,	,	PUNCT
taxlaw-2799	498	13	most	most	ADJ
taxlaw-2799	498	14	swaps	swap	NOUN
taxlaw-2799	498	15	will	will	AUX
taxlaw-2799	498	16	be	be	AUX
taxlaw-2799	498	17	regulated	regulate	VERB
taxlaw-2799	498	18	,	,	PUNCT
taxlaw-2799	498	19	some	some	PRON
taxlaw-2799	498	20	by	by	ADP
taxlaw-2799	498	21	the	the	DET
taxlaw-2799	498	22	sec	sec	PROPN
taxlaw-2799	498	23	and	and	CCONJ
taxlaw-2799	498	24	some	some	PRON
taxlaw-2799	498	25	by	by	ADP
taxlaw-2799	498	26	the	the	DET
taxlaw-2799	498	27	cftc	cftc	PROPN
taxlaw-2799	498	28	.	.	PUNCT
taxlaw-2799	499	1	in	in	ADP
taxlaw-2799	499	2	addition	addition	NOUN
taxlaw-2799	499	3	,	,	PUNCT
taxlaw-2799	499	4	most	most	ADJ
taxlaw-2799	499	5	swaps	swap	NOUN
taxlaw-2799	499	6	will	will	AUX
taxlaw-2799	499	7	be	be	AUX
taxlaw-2799	499	8	cleared	clear	VERB
taxlaw-2799	499	9	through	through	ADP
taxlaw-2799	499	10	one	one	NUM
taxlaw-2799	499	11	or	or	CCONJ
taxlaw-2799	499	12	more	more	ADJ
taxlaw-2799	499	13	central	central	ADJ
taxlaw-2799	499	14	clearinghouses	clearinghouse	NOUN
taxlaw-2799	499	15	and	and	CCONJ
taxlaw-2799	499	16	most	most	ADJ
taxlaw-2799	499	17	swaps	swap	NOUN
taxlaw-2799	499	18	will	will	AUX
taxlaw-2799	499	19	be	be	AUX
taxlaw-2799	499	20	traded	trade	VERB
taxlaw-2799	499	21	on	on	ADP
taxlaw-2799	499	22	regulated	regulated	ADJ
taxlaw-2799	499	23	exchanges	exchange	NOUN
taxlaw-2799	499	24	(	(	PUNCT
taxlaw-2799	499	25	or	or	CCONJ
taxlaw-2799	499	26	“	"	PUNCT
taxlaw-2799	499	27	swap	swap	ADJ
taxlaw-2799	499	28	execution	execution	NOUN
taxlaw-2799	499	29	facilities	facility	NOUN
taxlaw-2799	499	30	”	"	PUNCT
taxlaw-2799	499	31	)	)	PUNCT
taxlaw-2799	499	32	rather	rather	ADV
taxlaw-2799	499	33	than	than	ADP
taxlaw-2799	499	34	being	be	AUX
taxlaw-2799	499	35	negotiated	negotiate	VERB
taxlaw-2799	499	36	in	in	ADP
taxlaw-2799	499	37	the	the	DET
taxlaw-2799	499	38	otc	otc	PROPN
taxlaw-2799	499	39	market	market	NOUN
taxlaw-2799	499	40	.	.	PUNCT
taxlaw-2799	500	1	as	as	SCONJ
taxlaw-2799	500	2	described	describe	VERB
taxlaw-2799	500	3	in	in	ADP
taxlaw-2799	500	4	more	more	ADJ
taxlaw-2799	500	5	detail	detail	NOUN
taxlaw-2799	500	6	below	below	ADV
taxlaw-2799	500	7	,	,	PUNCT
taxlaw-2799	500	8	however	however	ADV
taxlaw-2799	500	9	,	,	PUNCT
taxlaw-2799	500	10	dodd	dodd	PROPN
taxlaw-2799	500	11	-	-	PUNCT
taxlaw-2799	500	12	frank	frank	PROPN
taxlaw-2799	500	13	does	do	AUX
taxlaw-2799	500	14	not	not	PART
taxlaw-2799	500	15	require	require	VERB
taxlaw-2799	500	16	that	that	SCONJ
taxlaw-2799	500	17	all	all	DET
taxlaw-2799	500	18	swaps	swap	NOUN
taxlaw-2799	500	19	be	be	AUX
taxlaw-2799	500	20	cleared	clear	VERB
taxlaw-2799	500	21	and	and	CCONJ
taxlaw-2799	500	22	traded	trade	VERB
taxlaw-2799	500	23	.	.	PUNCT
taxlaw-2799	501	1	rather	rather	ADV
taxlaw-2799	501	2	,	,	PUNCT
taxlaw-2799	501	3	it	it	PRON
taxlaw-2799	501	4	permits	permit	VERB
taxlaw-2799	501	5	trading	trading	NOUN
taxlaw-2799	501	6	on	on	ADP
taxlaw-2799	501	7	markets	market	NOUN
taxlaw-2799	501	8	that	that	PRON
taxlaw-2799	501	9	do	do	AUX
taxlaw-2799	501	10	not	not	PART
taxlaw-2799	501	11	appear	appear	VERB
taxlaw-2799	501	12	to	to	PART
taxlaw-2799	501	13	constitute	constitute	VERB
taxlaw-2799	501	14	a	a	DET
taxlaw-2799	501	15	“	"	PUNCT
taxlaw-2799	501	16	qualified	qualified	ADJ
taxlaw-2799	501	17	board	board	NOUN
taxlaw-2799	501	18	or	or	CCONJ
taxlaw-2799	501	19	exchange	exchange	NOUN
taxlaw-2799	501	20	”	"	PUNCT
taxlaw-2799	501	21	for	for	ADP
taxlaw-2799	501	22	§	§	PROPN
taxlaw-2799	501	23	1256	1256	NUM
taxlaw-2799	501	24	purposes	purpose	NOUN
taxlaw-2799	501	25	,	,	PUNCT
taxlaw-2799	501	26	and	and	CCONJ
taxlaw-2799	501	27	it	it	PRON
taxlaw-2799	501	28	allows	allow	VERB
taxlaw-2799	501	29	certain	certain	ADJ
taxlaw-2799	501	30	types	type	NOUN
taxlaw-2799	501	31	of	of	ADP
taxlaw-2799	501	32	parties	party	NOUN
taxlaw-2799	501	33	to	to	ADP
taxlaw-2799	501	34	swaps	swap	NOUN
taxlaw-2799	501	35	to	to	PART
taxlaw-2799	501	36	elect	elect	VERB
taxlaw-2799	501	37	whether	whether	SCONJ
taxlaw-2799	501	38	to	to	PART
taxlaw-2799	501	39	clear	clear	VERB
taxlaw-2799	501	40	their	their	PRON
taxlaw-2799	501	41	swaps	swap	NOUN
taxlaw-2799	501	42	or	or	CCONJ
taxlaw-2799	501	43	not	not	PART
taxlaw-2799	501	44	.	.	PUNCT
taxlaw-2799	502	1	accordingly	accordingly	ADV
taxlaw-2799	502	2	,	,	PUNCT
taxlaw-2799	502	3	it	it	PRON
taxlaw-2799	502	4	seems	seem	VERB
taxlaw-2799	502	5	inevitable	inevitable	ADJ
taxlaw-2799	502	6	that	that	SCONJ
taxlaw-2799	502	7	there	there	PRON
taxlaw-2799	502	8	will	will	AUX
taxlaw-2799	502	9	exist	exist	VERB
taxlaw-2799	502	10	identical	identical	ADJ
taxlaw-2799	502	11	swaps	swap	NOUN
taxlaw-2799	502	12	that	that	PRON
taxlaw-2799	502	13	will	will	AUX
taxlaw-2799	502	14	be	be	AUX
taxlaw-2799	502	15	traded	trade	VERB
taxlaw-2799	502	16	on	on	ADP
taxlaw-2799	502	17	a	a	DET
taxlaw-2799	502	18	qualified	qualified	ADJ
taxlaw-2799	502	19	board	board	NOUN
taxlaw-2799	502	20	or	or	CCONJ
taxlaw-2799	502	21	exchange	exchange	NOUN
taxlaw-2799	502	22	in	in	ADP
taxlaw-2799	502	23	some	some	DET
taxlaw-2799	502	24	cases	case	NOUN
taxlaw-2799	502	25	and	and	CCONJ
taxlaw-2799	502	26	that	that	PRON
taxlaw-2799	502	27	will	will	AUX
taxlaw-2799	502	28	in	in	ADP
taxlaw-2799	502	29	other	other	ADJ
taxlaw-2799	502	30	cases	case	NOUN
taxlaw-2799	502	31	exist	exist	VERB
taxlaw-2799	502	32	in	in	ADP
taxlaw-2799	502	33	the	the	DET
taxlaw-2799	502	34	bilateral	bilateral	ADJ
taxlaw-2799	502	35	otc	otc	PROPN
taxlaw-2799	502	36	derivatives	derivative	NOUN
taxlaw-2799	502	37	or	or	CCONJ
taxlaw-2799	502	38	other	other	ADJ
taxlaw-2799	502	39	market	market	NOUN
taxlaw-2799	502	40	.	.	PUNCT
taxlaw-2799	503	1	a.	a.	NOUN
taxlaw-2799	504	1	the	the	DET
taxlaw-2799	504	2	clearing	clearing	NOUN
taxlaw-2799	504	3	process.41	process.41	NOUN
taxlaw-2799	504	4	as	as	SCONJ
taxlaw-2799	504	5	has	have	AUX
taxlaw-2799	504	6	been	be	AUX
taxlaw-2799	504	7	made	make	VERB
taxlaw-2799	504	8	clear	clear	ADJ
taxlaw-2799	504	9	,	,	PUNCT
taxlaw-2799	504	10	the	the	DET
taxlaw-2799	504	11	clearing	clearing	NOUN
taxlaw-2799	504	12	of	of	ADP
taxlaw-2799	504	13	swaps	swap	NOUN
taxlaw-2799	504	14	through	through	ADP
taxlaw-2799	504	15	a	a	DET
taxlaw-2799	504	16	central	central	ADJ
taxlaw-2799	504	17	counterparty	counterparty	NOUN
taxlaw-2799	504	18	is	be	AUX
taxlaw-2799	504	19	now	now	ADV
taxlaw-2799	504	20	a	a	DET
taxlaw-2799	504	21	critical	critical	ADJ
taxlaw-2799	504	22	part	part	NOUN
taxlaw-2799	504	23	of	of	ADP
taxlaw-2799	504	24	the	the	DET
taxlaw-2799	504	25	regulatory	regulatory	ADJ
taxlaw-2799	504	26	framework	framework	NOUN
taxlaw-2799	504	27	for	for	ADP
taxlaw-2799	504	28	swaps	swap	NOUN
taxlaw-2799	504	29	.	.	PUNCT
taxlaw-2799	505	1	it	it	PRON
taxlaw-2799	505	2	is	be	AUX
taxlaw-2799	505	3	also	also	ADV
taxlaw-2799	505	4	critical	critical	ADJ
taxlaw-2799	505	5	to	to	ADP
taxlaw-2799	505	6	understanding	understand	VERB
taxlaw-2799	505	7	the	the	DET
taxlaw-2799	505	8	tax	tax	NOUN
taxlaw-2799	505	9	issues	issue	NOUN
taxlaw-2799	505	10	described	describe	VERB
taxlaw-2799	505	11	in	in	ADP
taxlaw-2799	505	12	this	this	DET
taxlaw-2799	505	13	article	article	NOUN
taxlaw-2799	505	14	.	.	PUNCT
taxlaw-2799	506	1	accordingly	accordingly	ADV
taxlaw-2799	506	2	,	,	PUNCT
taxlaw-2799	506	3	before	before	ADP
taxlaw-2799	506	4	turning	turn	VERB
taxlaw-2799	506	5	to	to	ADP
taxlaw-2799	506	6	a	a	DET
taxlaw-2799	506	7	description	description	NOUN
taxlaw-2799	506	8	of	of	ADP
taxlaw-2799	506	9	dodd	dodd	PROPN
taxlaw-2799	506	10	-	-	PUNCT
taxlaw-2799	506	11	frank	frank	PROPN
taxlaw-2799	506	12	,	,	PUNCT
taxlaw-2799	506	13	this	this	DET
taxlaw-2799	506	14	section	section	NOUN
taxlaw-2799	506	15	ii.a	ii.a	NOUN
taxlaw-2799	506	16	of	of	ADP
taxlaw-2799	506	17	the	the	DET
taxlaw-2799	506	18	article	article	NOUN
taxlaw-2799	506	19	describes	describe	VERB
taxlaw-2799	506	20	the	the	DET
taxlaw-2799	506	21	clearing	clearing	NOUN
taxlaw-2799	506	22	process	process	NOUN
taxlaw-2799	506	23	.	.	PUNCT
taxlaw-2799	507	1	because	because	SCONJ
taxlaw-2799	507	2	the	the	DET
taxlaw-2799	507	3	transformation	transformation	NOUN
taxlaw-2799	507	4	of	of	ADP
taxlaw-2799	507	5	the	the	DET
taxlaw-2799	507	6	cds	cd	NOUN
taxlaw-2799	507	7	market	market	NOUN
taxlaw-2799	507	8	from	from	ADP
taxlaw-2799	507	9	an	an	DET
taxlaw-2799	507	10	otc	otc	PROPN
taxlaw-2799	507	11	market	market	NOUN
taxlaw-2799	507	12	to	to	ADP
taxlaw-2799	507	13	a	a	DET
taxlaw-2799	507	14	market	market	NOUN
taxlaw-2799	507	15	with	with	ADP
taxlaw-2799	507	16	40	40	NUM
taxlaw-2799	507	17	see	see	NOUN
taxlaw-2799	507	18	ew	ew	PROPN
taxlaw-2799	507	19	york	york	PROPN
taxlaw-2799	507	20	fed	fed	PROPN
taxlaw-2799	507	21	welcomes	welcome	VERB
taxlaw-2799	507	22	further	further	ADJ
taxlaw-2799	507	23	industry	industry	NOUN
taxlaw-2799	507	24	commitments	commitment	NOUN
taxlaw-2799	507	25	on	on	ADP
taxlaw-2799	507	26	over	over	ADP
taxlaw-2799	507	27	-	-	PUNCT
taxlaw-2799	507	28	thecounter	thecounter	NOUN
taxlaw-2799	507	29	derivatives	derivative	NOUN
taxlaw-2799	507	30	,	,	PUNCT
taxlaw-2799	507	31	fed	fed	PROPN
taxlaw-2799	507	32	.	.	PROPN
taxlaw-2799	507	33	reserve	reserve	PROPN
taxlaw-2799	507	34	bank	bank	PROPN
taxlaw-2799	507	35	of	of	ADP
taxlaw-2799	507	36	n.y	n.y	PROPN
taxlaw-2799	507	37	.	.	PROPN
taxlaw-2799	508	1	(	(	PUNCT
taxlaw-2799	508	2	oct	oct	PROPN
taxlaw-2799	508	3	.	.	PROPN
taxlaw-2799	508	4	31	31	NUM
taxlaw-2799	508	5	,	,	PUNCT
taxlaw-2799	508	6	2008	2008	NUM
taxlaw-2799	508	7	)	)	PUNCT
taxlaw-2799	508	8	,	,	PUNCT
taxlaw-2799	508	9	http://www.newyorkfed.org/newsevents/news/markets/2008/an081031.html	http://www.newyorkfed.org/newsevents/news/markets/2008/an081031.html	PROPN
taxlaw-2799	508	10	(	(	PUNCT
taxlaw-2799	508	11	last	last	ADV
taxlaw-2799	508	12	visited	visit	VERB
taxlaw-2799	508	13	dec	dec	PROPN
taxlaw-2799	508	14	.	.	PROPN
taxlaw-2799	508	15	31	31	NUM
taxlaw-2799	508	16	,	,	PUNCT
taxlaw-2799	508	17	2010	2010	NUM
taxlaw-2799	508	18	)	)	PUNCT
taxlaw-2799	508	19	.	.	PUNCT
taxlaw-2799	509	1	41	41	NUM
taxlaw-2799	509	2	see	see	VERB
taxlaw-2799	509	3	attached	attach	VERB
taxlaw-2799	509	4	diagrams	diagram	NOUN
taxlaw-2799	509	5	illustrating	illustrate	VERB
taxlaw-2799	509	6	the	the	DET
taxlaw-2799	509	7	clearing	clearing	NOUN
taxlaw-2799	509	8	process	process	NOUN
taxlaw-2799	509	9	for	for	ADP
taxlaw-2799	509	10	an	an	DET
taxlaw-2799	509	11	interest	interest	NOUN
taxlaw-2799	509	12	rate	rate	NOUN
taxlaw-2799	509	13	swap	swap	NOUN
taxlaw-2799	509	14	or	or	CCONJ
taxlaw-2799	509	15	cds	cd	NOUN
taxlaw-2799	509	16	negotiated	negotiate	VERB
taxlaw-2799	509	17	in	in	ADP
taxlaw-2799	509	18	the	the	DET
taxlaw-2799	509	19	otc	otc	PROPN
taxlaw-2799	509	20	market	market	NOUN
taxlaw-2799	509	21	.	.	PUNCT
taxlaw-2799	510	1	2011	2011	NUM
taxlaw-2799	510	2	]	]	PUNCT
taxlaw-2799	510	3	ew	ew	AUX
taxlaw-2799	510	4	tax	tax	NOUN
taxlaw-2799	510	5	issues	issue	NOUN
taxlaw-2799	510	6	arisi	arisi	VERB
taxlaw-2799	510	7	g	g	PROPN
taxlaw-2799	510	8	from	from	ADP
taxlaw-2799	510	9	the	the	DET
taxlaw-2799	510	10	dodd	dodd	NOUN
taxlaw-2799	510	11	-	-	PUNCT
taxlaw-2799	510	12	fra	fra	PROPN
taxlaw-2799	510	13	k	k	PROPN
taxlaw-2799	510	14	act	act	VERB
taxlaw-2799	510	15	25	25	NUM
taxlaw-2799	510	16	trillions	trillion	NOUN
taxlaw-2799	510	17	of	of	ADP
taxlaw-2799	510	18	dollars	dollar	NOUN
taxlaw-2799	510	19	of	of	ADP
taxlaw-2799	510	20	cleared	clear	VERB
taxlaw-2799	510	21	contracts	contract	NOUN
taxlaw-2799	510	22	may	may	AUX
taxlaw-2799	510	23	provide	provide	VERB
taxlaw-2799	510	24	insights	insight	NOUN
taxlaw-2799	510	25	into	into	ADP
taxlaw-2799	510	26	future	future	ADJ
taxlaw-2799	510	27	developments	development	NOUN
taxlaw-2799	510	28	for	for	ADP
taxlaw-2799	510	29	other	other	ADJ
taxlaw-2799	510	30	classes	class	NOUN
taxlaw-2799	510	31	of	of	ADP
taxlaw-2799	510	32	swaps	swap	NOUN
taxlaw-2799	510	33	,	,	PUNCT
taxlaw-2799	510	34	the	the	DET
taxlaw-2799	510	35	new	new	ADJ
taxlaw-2799	510	36	cds	cd	NOUN
taxlaw-2799	510	37	clearinghouses	clearinghouse	NOUN
taxlaw-2799	510	38	are	be	AUX
taxlaw-2799	510	39	also	also	ADV
taxlaw-2799	510	40	described	describe	VERB
taxlaw-2799	510	41	in	in	ADP
taxlaw-2799	510	42	some	some	DET
taxlaw-2799	510	43	detail	detail	NOUN
taxlaw-2799	510	44	.	.	PUNCT
taxlaw-2799	511	1	the	the	DET
taxlaw-2799	511	2	current	current	ADJ
taxlaw-2799	511	3	and	and	CCONJ
taxlaw-2799	511	4	imminent	imminent	ADJ
taxlaw-2799	511	5	state	state	NOUN
taxlaw-2799	511	6	of	of	ADP
taxlaw-2799	511	7	clearing	clear	VERB
taxlaw-2799	511	8	for	for	ADP
taxlaw-2799	511	9	interest	interest	NOUN
taxlaw-2799	511	10	rate	rate	NOUN
taxlaw-2799	511	11	swaps	swap	NOUN
taxlaw-2799	511	12	is	be	AUX
taxlaw-2799	511	13	also	also	ADV
taxlaw-2799	511	14	briefly	briefly	ADV
taxlaw-2799	511	15	described	describe	VERB
taxlaw-2799	511	16	.	.	PUNCT
taxlaw-2799	512	1	it	it	PRON
taxlaw-2799	512	2	is	be	AUX
taxlaw-2799	512	3	important	important	ADJ
taxlaw-2799	512	4	,	,	PUNCT
taxlaw-2799	512	5	as	as	ADP
taxlaw-2799	512	6	a	a	DET
taxlaw-2799	512	7	preliminary	preliminary	ADJ
taxlaw-2799	512	8	matter	matter	NOUN
taxlaw-2799	512	9	,	,	PUNCT
taxlaw-2799	512	10	to	to	PART
taxlaw-2799	512	11	understand	understand	VERB
taxlaw-2799	512	12	the	the	DET
taxlaw-2799	512	13	differences	difference	NOUN
taxlaw-2799	512	14	between	between	ADP
taxlaw-2799	512	15	clearing	clear	VERB
taxlaw-2799	512	16	through	through	ADP
taxlaw-2799	512	17	a	a	DET
taxlaw-2799	512	18	centralized	centralized	ADJ
taxlaw-2799	512	19	clearinghouse	clearinghouse	NOUN
taxlaw-2799	512	20	and	and	CCONJ
taxlaw-2799	512	21	trading	trading	NOUN
taxlaw-2799	512	22	on	on	ADP
taxlaw-2799	512	23	a	a	DET
taxlaw-2799	512	24	regulated	regulated	ADJ
taxlaw-2799	512	25	exchange	exchange	NOUN
taxlaw-2799	512	26	.	.	PUNCT
taxlaw-2799	513	1	to	to	ADP
taxlaw-2799	513	2	that	that	DET
taxlaw-2799	513	3	end	end	NOUN
taxlaw-2799	513	4	,	,	PUNCT
taxlaw-2799	513	5	this	this	DET
taxlaw-2799	513	6	section	section	NOUN
taxlaw-2799	513	7	discusses	discuss	VERB
taxlaw-2799	513	8	the	the	DET
taxlaw-2799	513	9	different	different	ADJ
taxlaw-2799	513	10	mechanisms	mechanism	NOUN
taxlaw-2799	513	11	governing	govern	VERB
taxlaw-2799	513	12	futures	future	NOUN
taxlaw-2799	513	13	contracts	contract	NOUN
taxlaw-2799	513	14	(	(	PUNCT
taxlaw-2799	513	15	which	which	PRON
taxlaw-2799	513	16	are	be	AUX
taxlaw-2799	513	17	both	both	PRON
taxlaw-2799	513	18	exchange	exchange	NOUN
taxlaw-2799	513	19	-	-	PUNCT
taxlaw-2799	513	20	traded	trade	VERB
taxlaw-2799	513	21	and	and	CCONJ
taxlaw-2799	513	22	cleared	clear	VERB
taxlaw-2799	513	23	)	)	PUNCT
taxlaw-2799	513	24	,	,	PUNCT
taxlaw-2799	513	25	cds	cd	NOUN
taxlaw-2799	513	26	,	,	PUNCT
taxlaw-2799	513	27	and	and	CCONJ
taxlaw-2799	513	28	interest	interest	NOUN
taxlaw-2799	513	29	rate	rate	NOUN
taxlaw-2799	513	30	swaps	swap	NOUN
taxlaw-2799	513	31	(	(	PUNCT
taxlaw-2799	513	32	which	which	PRON
taxlaw-2799	513	33	may	may	AUX
taxlaw-2799	513	34	be	be	AUX
taxlaw-2799	513	35	cleared	clear	VERB
taxlaw-2799	513	36	,	,	PUNCT
taxlaw-2799	513	37	but	but	CCONJ
taxlaw-2799	513	38	are	be	AUX
taxlaw-2799	513	39	not	not	PART
taxlaw-2799	513	40	currently	currently	ADV
taxlaw-2799	513	41	exchange	exchange	NOUN
taxlaw-2799	513	42	-	-	PUNCT
taxlaw-2799	513	43	traded	trade	VERB
taxlaw-2799	513	44	)	)	PUNCT
taxlaw-2799	513	45	.	.	PUNCT
taxlaw-2799	514	1	very	very	ADV
taxlaw-2799	514	2	broadly	broadly	ADV
taxlaw-2799	514	3	speaking	speak	VERB
taxlaw-2799	514	4	,	,	PUNCT
taxlaw-2799	514	5	“	"	PUNCT
taxlaw-2799	514	6	trading	trading	NOUN
taxlaw-2799	514	7	”	"	PUNCT
taxlaw-2799	514	8	has	have	VERB
taxlaw-2799	514	9	to	to	PART
taxlaw-2799	514	10	do	do	VERB
taxlaw-2799	514	11	with	with	ADP
taxlaw-2799	514	12	how	how	SCONJ
taxlaw-2799	514	13	the	the	DET
taxlaw-2799	514	14	parties	party	NOUN
taxlaw-2799	514	15	agree	agree	VERB
taxlaw-2799	514	16	on	on	ADP
taxlaw-2799	514	17	a	a	DET
taxlaw-2799	514	18	price	price	NOUN
taxlaw-2799	514	19	for	for	ADP
taxlaw-2799	514	20	entering	enter	VERB
taxlaw-2799	514	21	into	into	ADP
taxlaw-2799	514	22	or	or	CCONJ
taxlaw-2799	514	23	terminating	terminate	VERB
taxlaw-2799	514	24	a	a	DET
taxlaw-2799	514	25	transaction	transaction	NOUN
taxlaw-2799	514	26	.	.	PUNCT
taxlaw-2799	515	1	“	"	PUNCT
taxlaw-2799	515	2	clearing	clearing	NOUN
taxlaw-2799	515	3	”	"	PUNCT
taxlaw-2799	515	4	has	have	VERB
taxlaw-2799	515	5	to	to	PART
taxlaw-2799	515	6	do	do	VERB
taxlaw-2799	515	7	with	with	ADP
taxlaw-2799	515	8	the	the	DET
taxlaw-2799	515	9	centralization	centralization	NOUN
taxlaw-2799	515	10	and	and	CCONJ
taxlaw-2799	515	11	management	management	NOUN
taxlaw-2799	515	12	of	of	ADP
taxlaw-2799	515	13	risk	risk	NOUN
taxlaw-2799	515	14	and	and	CCONJ
taxlaw-2799	515	15	the	the	DET
taxlaw-2799	515	16	transmittal	transmittal	NOUN
taxlaw-2799	515	17	of	of	ADP
taxlaw-2799	515	18	payments	payment	NOUN
taxlaw-2799	515	19	after	after	SCONJ
taxlaw-2799	515	20	the	the	DET
taxlaw-2799	515	21	trade	trade	NOUN
taxlaw-2799	515	22	is	be	AUX
taxlaw-2799	515	23	entered	enter	VERB
taxlaw-2799	515	24	into	into	ADP
taxlaw-2799	515	25	.	.	PROPN
taxlaw-2799	516	1	1	1	X
taxlaw-2799	516	2	.	.	X
taxlaw-2799	516	3	clearing	clear	VERB
taxlaw-2799	516	4	futures	future	NOUN
taxlaw-2799	516	5	contracts	contract	NOUN
taxlaw-2799	516	6	.	.	PUNCT
taxlaw-2799	517	1	futures	future	NOUN
taxlaw-2799	517	2	contracts	contract	NOUN
taxlaw-2799	517	3	are	be	AUX
taxlaw-2799	517	4	traded	trade	VERB
taxlaw-2799	517	5	on	on	ADP
taxlaw-2799	517	6	regulated	regulated	ADJ
taxlaw-2799	517	7	exchanges	exchange	NOUN
taxlaw-2799	517	8	.	.	PUNCT
taxlaw-2799	518	1	their	their	PRON
taxlaw-2799	518	2	terms	term	NOUN
taxlaw-2799	518	3	are	be	AUX
taxlaw-2799	518	4	standard	standard	ADJ
taxlaw-2799	518	5	and	and	CCONJ
taxlaw-2799	518	6	are	be	AUX
taxlaw-2799	518	7	set	set	VERB
taxlaw-2799	518	8	out	out	ADP
taxlaw-2799	518	9	in	in	ADP
taxlaw-2799	518	10	the	the	DET
taxlaw-2799	518	11	rules	rule	NOUN
taxlaw-2799	518	12	of	of	ADP
taxlaw-2799	518	13	the	the	DET
taxlaw-2799	518	14	exchange	exchange	NOUN
taxlaw-2799	518	15	.	.	PUNCT
taxlaw-2799	519	1	mechanically	mechanically	ADV
taxlaw-2799	519	2	,	,	PUNCT
taxlaw-2799	519	3	a	a	DET
taxlaw-2799	519	4	customer	customer	NOUN
taxlaw-2799	519	5	wishing	wish	VERB
taxlaw-2799	519	6	to	to	PART
taxlaw-2799	519	7	acquire	acquire	VERB
taxlaw-2799	519	8	the	the	DET
taxlaw-2799	519	9	right	right	NOUN
taxlaw-2799	519	10	to	to	PART
taxlaw-2799	519	11	buy	buy	VERB
taxlaw-2799	519	12	corn	corn	NOUN
taxlaw-2799	519	13	at	at	ADP
taxlaw-2799	519	14	some	some	DET
taxlaw-2799	519	15	point	point	NOUN
taxlaw-2799	519	16	in	in	ADP
taxlaw-2799	519	17	the	the	DET
taxlaw-2799	519	18	future	future	NOUN
taxlaw-2799	519	19	may	may	AUX
taxlaw-2799	519	20	go	go	VERB
taxlaw-2799	519	21	to	to	ADP
taxlaw-2799	519	22	its	its	PRON
taxlaw-2799	519	23	broker	broker	NOUN
taxlaw-2799	519	24	—	—	PUNCT
taxlaw-2799	519	25	technically	technically	ADV
taxlaw-2799	519	26	,	,	PUNCT
taxlaw-2799	519	27	a	a	DET
taxlaw-2799	519	28	“	"	PUNCT
taxlaw-2799	519	29	futures	future	NOUN
taxlaw-2799	519	30	commission	commission	NOUN
taxlaw-2799	519	31	merchant	merchant	NOUN
taxlaw-2799	519	32	,	,	PUNCT
taxlaw-2799	519	33	”	"	PUNCT
taxlaw-2799	519	34	or	or	CCONJ
taxlaw-2799	519	35	fcm	fcm	X
taxlaw-2799	519	36	—	—	PUNCT
taxlaw-2799	519	37	who	who	PRON
taxlaw-2799	519	38	is	be	AUX
taxlaw-2799	519	39	a	a	DET
taxlaw-2799	519	40	member	member	NOUN
taxlaw-2799	519	41	of	of	ADP
taxlaw-2799	519	42	a	a	DET
taxlaw-2799	519	43	regulated	regulated	ADJ
taxlaw-2799	519	44	exchange	exchange	NOUN
taxlaw-2799	519	45	.	.	PUNCT
taxlaw-2799	520	1	the	the	DET
taxlaw-2799	520	2	fcm	fcm	PROPN
taxlaw-2799	520	3	will	will	AUX
taxlaw-2799	520	4	take	take	VERB
taxlaw-2799	520	5	the	the	DET
taxlaw-2799	520	6	client	client	NOUN
taxlaw-2799	520	7	’s	’s	PART
taxlaw-2799	520	8	order	order	NOUN
taxlaw-2799	520	9	and	and	CCONJ
taxlaw-2799	520	10	go	go	VERB
taxlaw-2799	520	11	to	to	ADP
taxlaw-2799	520	12	the	the	DET
taxlaw-2799	520	13	exchange	exchange	NOUN
taxlaw-2799	520	14	,	,	PUNCT
taxlaw-2799	520	15	where	where	SCONJ
taxlaw-2799	520	16	the	the	DET
taxlaw-2799	520	17	fcm	fcm	NOUN
taxlaw-2799	520	18	will	will	AUX
taxlaw-2799	520	19	agree	agree	VERB
taxlaw-2799	520	20	with	with	ADP
taxlaw-2799	520	21	another	another	DET
taxlaw-2799	520	22	fcm	fcm	NOUN
taxlaw-2799	520	23	to	to	PART
taxlaw-2799	520	24	create	create	VERB
taxlaw-2799	520	25	electronic	electronic	ADJ
taxlaw-2799	520	26	“	"	PUNCT
taxlaw-2799	520	27	buy	buy	NOUN
taxlaw-2799	520	28	”	"	PUNCT
taxlaw-2799	520	29	and	and	CCONJ
taxlaw-2799	520	30	“	"	PUNCT
taxlaw-2799	520	31	sell	sell	VERB
taxlaw-2799	520	32	”	"	PUNCT
taxlaw-2799	520	33	positions	position	NOUN
taxlaw-2799	520	34	.	.	PUNCT
taxlaw-2799	521	1	each	each	DET
taxlaw-2799	521	2	position	position	NOUN
taxlaw-2799	521	3	represents	represent	VERB
taxlaw-2799	521	4	one	one	NUM
taxlaw-2799	521	5	side	side	NOUN
taxlaw-2799	521	6	’s	’s	PART
taxlaw-2799	521	7	willingness	willingness	NOUN
taxlaw-2799	521	8	to	to	PART
taxlaw-2799	521	9	either	either	CCONJ
taxlaw-2799	521	10	accept	accept	VERB
taxlaw-2799	521	11	the	the	DET
taxlaw-2799	521	12	obligation	obligation	NOUN
taxlaw-2799	521	13	to	to	PART
taxlaw-2799	521	14	deliver	deliver	VERB
taxlaw-2799	521	15	,	,	PUNCT
taxlaw-2799	521	16	say	say	INTJ
taxlaw-2799	521	17	,	,	PUNCT
taxlaw-2799	521	18	5000	5000	NUM
taxlaw-2799	521	19	bushels	bushel	NOUN
taxlaw-2799	521	20	of	of	ADP
taxlaw-2799	521	21	a	a	DET
taxlaw-2799	521	22	specified	specified	ADJ
taxlaw-2799	521	23	type	type	NOUN
taxlaw-2799	521	24	and	and	CCONJ
taxlaw-2799	521	25	grade	grade	NOUN
taxlaw-2799	521	26	of	of	ADP
taxlaw-2799	521	27	corn	corn	NOUN
taxlaw-2799	521	28	on	on	ADP
taxlaw-2799	521	29	the	the	DET
taxlaw-2799	521	30	specified	specify	VERB
taxlaw-2799	521	31	date	date	NOUN
taxlaw-2799	521	32	at	at	ADP
taxlaw-2799	521	33	the	the	DET
taxlaw-2799	521	34	specified	specified	ADJ
taxlaw-2799	521	35	price	price	NOUN
taxlaw-2799	521	36	or	or	CCONJ
taxlaw-2799	521	37	to	to	PART
taxlaw-2799	521	38	pay	pay	VERB
taxlaw-2799	521	39	the	the	DET
taxlaw-2799	521	40	specified	specify	VERB
taxlaw-2799	521	41	price	price	NOUN
taxlaw-2799	521	42	and	and	CCONJ
taxlaw-2799	521	43	receive	receive	VERB
taxlaw-2799	521	44	the	the	DET
taxlaw-2799	521	45	corn	corn	NOUN
taxlaw-2799	521	46	on	on	ADP
taxlaw-2799	521	47	the	the	DET
taxlaw-2799	521	48	specified	specify	VERB
taxlaw-2799	521	49	date	date	NOUN
taxlaw-2799	521	50	.	.	PUNCT
taxlaw-2799	522	1	the	the	DET
taxlaw-2799	522	2	exchange	exchange	NOUN
taxlaw-2799	522	3	’s	’s	PART
taxlaw-2799	522	4	proprietary	proprietary	ADJ
taxlaw-2799	522	5	matching	matching	NOUN
taxlaw-2799	522	6	engine	engine	NOUN
taxlaw-2799	522	7	then	then	ADV
taxlaw-2799	522	8	connects	connect	VERB
taxlaw-2799	522	9	individual	individual	ADJ
taxlaw-2799	522	10	“	"	PUNCT
taxlaw-2799	522	11	buy	buy	VERB
taxlaw-2799	522	12	”	"	PUNCT
taxlaw-2799	522	13	positions	position	NOUN
taxlaw-2799	522	14	with	with	ADP
taxlaw-2799	522	15	matching	match	VERB
taxlaw-2799	522	16	“	"	PUNCT
taxlaw-2799	522	17	sell	sell	NOUN
taxlaw-2799	522	18	”	"	PUNCT
taxlaw-2799	522	19	positions	position	NOUN
taxlaw-2799	522	20	.	.	PUNCT
taxlaw-2799	523	1	once	once	ADV
taxlaw-2799	523	2	a	a	DET
taxlaw-2799	523	3	match	match	NOUN
taxlaw-2799	523	4	is	be	AUX
taxlaw-2799	523	5	found	find	VERB
taxlaw-2799	523	6	,	,	PUNCT
taxlaw-2799	523	7	the	the	DET
taxlaw-2799	523	8	contract	contract	NOUN
taxlaw-2799	523	9	is	be	AUX
taxlaw-2799	523	10	executed	execute	VERB
taxlaw-2799	523	11	,	,	PUNCT
taxlaw-2799	523	12	with	with	ADP
taxlaw-2799	523	13	the	the	DET
taxlaw-2799	523	14	parties	party	NOUN
taxlaw-2799	523	15	on	on	ADP
taxlaw-2799	523	16	either	either	DET
taxlaw-2799	523	17	side	side	NOUN
taxlaw-2799	523	18	as	as	ADP
taxlaw-2799	523	19	counterparties	counterpartie	NOUN
taxlaw-2799	523	20	.	.	PUNCT
taxlaw-2799	524	1	it	it	PRON
taxlaw-2799	524	2	should	should	AUX
taxlaw-2799	524	3	be	be	AUX
taxlaw-2799	524	4	noted	note	VERB
taxlaw-2799	524	5	that	that	SCONJ
taxlaw-2799	524	6	while	while	SCONJ
taxlaw-2799	524	7	the	the	DET
taxlaw-2799	524	8	fcm	fcm	X
taxlaw-2799	524	9	in	in	ADP
taxlaw-2799	524	10	this	this	DET
taxlaw-2799	524	11	example	example	NOUN
taxlaw-2799	524	12	is	be	AUX
taxlaw-2799	524	13	carrying	carry	VERB
taxlaw-2799	524	14	out	out	ADP
taxlaw-2799	524	15	customer	customer	NOUN
taxlaw-2799	524	16	transactions	transaction	NOUN
taxlaw-2799	524	17	,	,	PUNCT
taxlaw-2799	524	18	the	the	DET
taxlaw-2799	524	19	exchange	exchange	NOUN
taxlaw-2799	524	20	deals	deal	VERB
taxlaw-2799	524	21	only	only	ADV
taxlaw-2799	524	22	with	with	ADP
taxlaw-2799	524	23	the	the	DET
taxlaw-2799	524	24	fcm	fcm	NOUN
taxlaw-2799	524	25	and	and	CCONJ
taxlaw-2799	524	26	not	not	PART
taxlaw-2799	524	27	with	with	ADP
taxlaw-2799	524	28	the	the	DET
taxlaw-2799	524	29	customer	customer	NOUN
taxlaw-2799	524	30	.	.	PUNCT
taxlaw-2799	525	1	one	one	PRON
taxlaw-2799	525	2	can	can	AUX
taxlaw-2799	525	3	analogize	analogize	VERB
taxlaw-2799	525	4	this	this	PRON
taxlaw-2799	525	5	to	to	ADP
taxlaw-2799	525	6	a	a	DET
taxlaw-2799	525	7	stockbroker	stockbroker	NOUN
taxlaw-2799	525	8	dealing	deal	VERB
taxlaw-2799	525	9	with	with	ADP
taxlaw-2799	525	10	a	a	DET
taxlaw-2799	525	11	stock	stock	NOUN
taxlaw-2799	525	12	exchange	exchange	NOUN
taxlaw-2799	525	13	on	on	ADP
taxlaw-2799	525	14	behalf	behalf	NOUN
taxlaw-2799	525	15	of	of	ADP
taxlaw-2799	525	16	a	a	DET
taxlaw-2799	525	17	client	client	NOUN
taxlaw-2799	525	18	,	,	PUNCT
taxlaw-2799	525	19	but	but	CCONJ
taxlaw-2799	525	20	the	the	DET
taxlaw-2799	525	21	relationship	relationship	NOUN
taxlaw-2799	525	22	is	be	AUX
taxlaw-2799	525	23	more	more	ADV
taxlaw-2799	525	24	complicated	complicated	ADJ
taxlaw-2799	525	25	because	because	SCONJ
taxlaw-2799	525	26	a	a	DET
taxlaw-2799	525	27	futures	future	NOUN
taxlaw-2799	525	28	contract	contract	NOUN
taxlaw-2799	525	29	is	be	AUX
taxlaw-2799	525	30	a	a	DET
taxlaw-2799	525	31	contract	contract	NOUN
taxlaw-2799	525	32	,	,	PUNCT
taxlaw-2799	525	33	not	not	PART
taxlaw-2799	525	34	an	an	DET
taxlaw-2799	525	35	investment	investment	NOUN
taxlaw-2799	525	36	in	in	ADP
taxlaw-2799	525	37	a	a	DET
taxlaw-2799	525	38	third	third	ADJ
taxlaw-2799	525	39	party	party	NOUN
taxlaw-2799	525	40	as	as	ADP
taxlaw-2799	525	41	to	to	ADP
taxlaw-2799	525	42	which	which	PRON
taxlaw-2799	525	43	legal	legal	ADJ
taxlaw-2799	525	44	and	and	CCONJ
taxlaw-2799	525	45	beneficial	beneficial	ADJ
taxlaw-2799	525	46	ownership	ownership	NOUN
taxlaw-2799	525	47	can	can	AUX
taxlaw-2799	525	48	readily	readily	ADV
taxlaw-2799	525	49	be	be	AUX
taxlaw-2799	525	50	split	split	VERB
taxlaw-2799	525	51	.	.	PUNCT
taxlaw-2799	526	1	depending	depend	VERB
taxlaw-2799	526	2	on	on	ADP
taxlaw-2799	526	3	the	the	DET
taxlaw-2799	526	4	circumstances	circumstance	NOUN
taxlaw-2799	526	5	,	,	PUNCT
taxlaw-2799	526	6	one	one	PRON
taxlaw-2799	526	7	may	may	AUX
taxlaw-2799	526	8	acknowledge	acknowledge	VERB
taxlaw-2799	526	9	the	the	DET
taxlaw-2799	526	10	role	role	NOUN
taxlaw-2799	526	11	played	play	VERB
taxlaw-2799	526	12	by	by	ADP
taxlaw-2799	526	13	the	the	DET
taxlaw-2799	526	14	fcm	fcm	PROPN
taxlaw-2799	526	15	as	as	ADP
taxlaw-2799	526	16	the	the	DET
taxlaw-2799	526	17	face	face	NOUN
taxlaw-2799	526	18	to	to	ADP
taxlaw-2799	526	19	each	each	PRON
taxlaw-2799	526	20	of	of	ADP
taxlaw-2799	526	21	the	the	DET
taxlaw-2799	526	22	exchange	exchange	NOUN
taxlaw-2799	526	23	and	and	CCONJ
taxlaw-2799	526	24	the	the	DET
taxlaw-2799	526	25	customer	customer	NOUN
taxlaw-2799	526	26	.	.	PUNCT
taxlaw-2799	527	1	for	for	ADP
taxlaw-2799	527	2	most	most	ADJ
taxlaw-2799	527	3	tax	tax	NOUN
taxlaw-2799	527	4	purposes	purpose	NOUN
taxlaw-2799	527	5	,	,	PUNCT
taxlaw-2799	527	6	however	however	ADV
taxlaw-2799	527	7	,	,	PUNCT
taxlaw-2799	527	8	the	the	DET
taxlaw-2799	527	9	fcm	fcm	NOUN
taxlaw-2799	527	10	is	be	AUX
taxlaw-2799	527	11	ignored	ignore	VERB
taxlaw-2799	527	12	and	and	CCONJ
taxlaw-2799	527	13	the	the	DET
taxlaw-2799	527	14	customer	customer	NOUN
taxlaw-2799	527	15	is	be	AUX
taxlaw-2799	527	16	treated	treat	VERB
taxlaw-2799	527	17	as	as	SCONJ
taxlaw-2799	527	18	if	if	SCONJ
taxlaw-2799	527	19	it	it	PRON
taxlaw-2799	527	20	were	be	AUX
taxlaw-2799	527	21	executing	execute	VERB
taxlaw-2799	527	22	the	the	DET
taxlaw-2799	527	23	trade	trade	NOUN
taxlaw-2799	527	24	on	on	ADP
taxlaw-2799	527	25	the	the	DET
taxlaw-2799	527	26	exchange	exchange	NOUN
taxlaw-2799	527	27	.	.	PUNCT
taxlaw-2799	528	1	that	that	DET
taxlaw-2799	528	2	convention	convention	NOUN
taxlaw-2799	528	3	will	will	AUX
taxlaw-2799	528	4	be	be	AUX
taxlaw-2799	528	5	followed	follow	VERB
taxlaw-2799	528	6	here	here	ADV
taxlaw-2799	528	7	except	except	SCONJ
taxlaw-2799	528	8	where	where	SCONJ
taxlaw-2799	528	9	the	the	DET
taxlaw-2799	528	10	role	role	NOUN
taxlaw-2799	528	11	of	of	ADP
taxlaw-2799	528	12	the	the	DET
taxlaw-2799	528	13	fcm	fcm	PROPN
taxlaw-2799	528	14	needs	need	VERB
taxlaw-2799	528	15	to	to	PART
taxlaw-2799	528	16	be	be	AUX
taxlaw-2799	528	17	distinguished	distinguish	VERB
taxlaw-2799	528	18	from	from	ADP
taxlaw-2799	528	19	that	that	PRON
taxlaw-2799	528	20	of	of	ADP
taxlaw-2799	528	21	the	the	DET
taxlaw-2799	528	22	customer	customer	NOUN
taxlaw-2799	528	23	or	or	CCONJ
taxlaw-2799	528	24	the	the	DET
taxlaw-2799	528	25	exchange	exchange	NOUN
taxlaw-2799	528	26	.	.	PUNCT
taxlaw-2799	529	1	thus	thus	ADV
taxlaw-2799	529	2	,	,	PUNCT
taxlaw-2799	529	3	once	once	ADV
taxlaw-2799	529	4	a	a	DET
taxlaw-2799	529	5	futures	future	NOUN
taxlaw-2799	529	6	contract	contract	NOUN
taxlaw-2799	529	7	has	have	AUX
taxlaw-2799	529	8	been	be	AUX
taxlaw-2799	529	9	executed	execute	VERB
taxlaw-2799	529	10	,	,	PUNCT
taxlaw-2799	529	11	the	the	DET
taxlaw-2799	529	12	parties	party	NOUN
taxlaw-2799	529	13	to	to	ADP
taxlaw-2799	529	14	the	the	DET
taxlaw-2799	529	15	trade	trade	NOUN
taxlaw-2799	529	16	are	be	AUX
taxlaw-2799	529	17	the	the	DET
taxlaw-2799	529	18	customers	customer	NOUN
taxlaw-2799	529	19	who	who	PRON
taxlaw-2799	529	20	are	be	AUX
taxlaw-2799	529	21	respectively	respectively	ADV
taxlaw-2799	529	22	willing	willing	ADJ
taxlaw-2799	529	23	to	to	PART
taxlaw-2799	529	24	buy	buy	VERB
taxlaw-2799	529	25	and	and	CCONJ
taxlaw-2799	529	26	sell	sell	VERB
taxlaw-2799	529	27	corn	corn	NOUN
taxlaw-2799	529	28	.	.	PUNCT
taxlaw-2799	530	1	this	this	DET
taxlaw-2799	530	2	relationship	relationship	NOUN
taxlaw-2799	530	3	does	do	AUX
taxlaw-2799	530	4	not	not	PART
taxlaw-2799	530	5	last	last	VERB
taxlaw-2799	530	6	,	,	PUNCT
taxlaw-2799	530	7	however	however	ADV
taxlaw-2799	530	8	,	,	PUNCT
taxlaw-2799	530	9	because	because	SCONJ
taxlaw-2799	530	10	the	the	DET
taxlaw-2799	530	11	trade	trade	NOUN
taxlaw-2799	530	12	then	then	ADV
taxlaw-2799	530	13	must	must	AUX
taxlaw-2799	530	14	be	be	AUX
taxlaw-2799	530	15	cleared	clear	VERB
taxlaw-2799	530	16	through	through	ADP
taxlaw-2799	530	17	the	the	DET
taxlaw-2799	530	18	exchange	exchange	NOUN
taxlaw-2799	530	19	’s	’s	PART
taxlaw-2799	530	20	central	central	ADJ
taxlaw-2799	530	21	clearinghouse.42	clearinghouse.42	NOUN
taxlaw-2799	530	22	the	the	DET
taxlaw-2799	530	23	42	42	NUM
taxlaw-2799	530	24	it	it	PRON
taxlaw-2799	530	25	should	should	AUX
taxlaw-2799	530	26	be	be	AUX
taxlaw-2799	530	27	noted	note	VERB
taxlaw-2799	530	28	that	that	SCONJ
taxlaw-2799	530	29	centralized	centralized	ADJ
taxlaw-2799	530	30	clearing	clearing	NOUN
taxlaw-2799	530	31	is	be	AUX
taxlaw-2799	530	32	not	not	PART
taxlaw-2799	530	33	a	a	DET
taxlaw-2799	530	34	new	new	ADJ
taxlaw-2799	530	35	idea	idea	NOUN
taxlaw-2799	530	36	.	.	PUNCT
taxlaw-2799	531	1	in	in	ADP
taxlaw-2799	531	2	1925	1925	NUM
taxlaw-2799	531	3	,	,	PUNCT
taxlaw-2799	531	4	the	the	DET
taxlaw-2799	531	5	chicago	chicago	PROPN
taxlaw-2799	531	6	board	board	PROPN
taxlaw-2799	531	7	of	of	ADP
taxlaw-2799	531	8	trade	trade	PROPN
taxlaw-2799	531	9	clearing	clearing	PROPN
taxlaw-2799	531	10	corp	corp	PROPN
taxlaw-2799	531	11	.	.	PROPN
taxlaw-2799	531	12	was	be	AUX
taxlaw-2799	531	13	the	the	DET
taxlaw-2799	531	14	first	first	ADJ
taxlaw-2799	531	15	united	united	PROPN
taxlaw-2799	531	16	states	states	PROPN
taxlaw-2799	531	17	clearinghouse	clearinghouse	PROPN
taxlaw-2799	531	18	,	,	PUNCT
taxlaw-2799	531	19	formed	form	VERB
taxlaw-2799	531	20	to	to	PART
taxlaw-2799	531	21	become	become	VERB
taxlaw-2799	531	22	a	a	DET
taxlaw-2799	531	23	counterparty	counterparty	NOUN
taxlaw-2799	531	24	to	to	ADP
taxlaw-2799	531	25	all	all	DET
taxlaw-2799	531	26	transactions	transaction	NOUN
taxlaw-2799	531	27	then	then	ADV
taxlaw-2799	531	28	carried	carry	VERB
taxlaw-2799	531	29	out	out	ADP
taxlaw-2799	531	30	on	on	ADP
taxlaw-2799	531	31	the	the	DET
taxlaw-2799	531	32	chicago	chicago	PROPN
taxlaw-2799	531	33	board	board	PROPN
taxlaw-2799	531	34	of	of	ADP
taxlaw-2799	531	35	trade	trade	PROPN
taxlaw-2799	531	36	26	26	NUM
taxlaw-2799	531	37	columbia	columbia	PROPN
taxlaw-2799	531	38	jour	jour	PROPN
taxlaw-2799	531	39	al	al	PROPN
taxlaw-2799	531	40	of	of	ADP
taxlaw-2799	531	41	tax	tax	NOUN
taxlaw-2799	531	42	law	law	NOUN
taxlaw-2799	532	1	[	[	X
taxlaw-2799	532	2	vol	vol	NOUN
taxlaw-2799	532	3	.	.	PUNCT
taxlaw-2799	532	4	2:1	2:1	NUM
taxlaw-2799	532	5	clearinghouse	clearinghouse	NOUN
taxlaw-2799	532	6	steps	step	NOUN
taxlaw-2799	532	7	into	into	ADP
taxlaw-2799	532	8	the	the	DET
taxlaw-2799	532	9	shoes	shoe	NOUN
taxlaw-2799	532	10	of	of	ADP
taxlaw-2799	532	11	each	each	DET
taxlaw-2799	532	12	side	side	NOUN
taxlaw-2799	532	13	of	of	ADP
taxlaw-2799	532	14	the	the	DET
taxlaw-2799	532	15	trade	trade	NOUN
taxlaw-2799	532	16	and	and	CCONJ
taxlaw-2799	532	17	becomes	become	VERB
taxlaw-2799	532	18	the	the	DET
taxlaw-2799	532	19	party	party	NOUN
taxlaw-2799	532	20	responsible	responsible	ADJ
taxlaw-2799	532	21	for	for	ADP
taxlaw-2799	532	22	both	both	CCONJ
taxlaw-2799	532	23	the	the	DET
taxlaw-2799	532	24	actual	actual	ADJ
taxlaw-2799	532	25	delivery	delivery	NOUN
taxlaw-2799	532	26	of	of	ADP
taxlaw-2799	532	27	the	the	DET
taxlaw-2799	532	28	5000	5000	NUM
taxlaw-2799	532	29	bushels	bushel	NOUN
taxlaw-2799	532	30	of	of	ADP
taxlaw-2799	532	31	corn	corn	NOUN
taxlaw-2799	532	32	to	to	PART
taxlaw-2799	532	33	party	party	VERB
taxlaw-2799	532	34	a	a	PRON
taxlaw-2799	532	35	and	and	CCONJ
taxlaw-2799	532	36	the	the	DET
taxlaw-2799	532	37	payment	payment	NOUN
taxlaw-2799	532	38	for	for	ADP
taxlaw-2799	532	39	the	the	DET
taxlaw-2799	532	40	corn	corn	NOUN
taxlaw-2799	532	41	to	to	ADP
taxlaw-2799	532	42	party	party	PROPN
taxlaw-2799	532	43	b.	b.	PROPN
taxlaw-2799	533	1	at	at	ADP
taxlaw-2799	533	2	the	the	DET
taxlaw-2799	533	3	same	same	ADJ
taxlaw-2799	533	4	time	time	NOUN
taxlaw-2799	533	5	,	,	PUNCT
taxlaw-2799	533	6	each	each	DET
taxlaw-2799	533	7	party	party	NOUN
taxlaw-2799	533	8	now	now	ADV
taxlaw-2799	533	9	has	have	VERB
taxlaw-2799	533	10	a	a	DET
taxlaw-2799	533	11	responsibility	responsibility	NOUN
taxlaw-2799	533	12	,	,	PUNCT
taxlaw-2799	533	13	not	not	PART
taxlaw-2799	533	14	to	to	ADP
taxlaw-2799	533	15	its	its	PRON
taxlaw-2799	533	16	original	original	ADJ
taxlaw-2799	533	17	counterparty	counterparty	NOUN
taxlaw-2799	533	18	,	,	PUNCT
taxlaw-2799	533	19	but	but	CCONJ
taxlaw-2799	533	20	to	to	ADP
taxlaw-2799	533	21	the	the	DET
taxlaw-2799	533	22	clearinghouse	clearinghouse	NOUN
taxlaw-2799	533	23	,	,	PUNCT
taxlaw-2799	533	24	to	to	PART
taxlaw-2799	533	25	either	either	CCONJ
taxlaw-2799	533	26	deliver	deliver	VERB
taxlaw-2799	533	27	the	the	DET
taxlaw-2799	533	28	corn	corn	NOUN
taxlaw-2799	533	29	(	(	PUNCT
taxlaw-2799	533	30	in	in	ADP
taxlaw-2799	533	31	the	the	DET
taxlaw-2799	533	32	case	case	NOUN
taxlaw-2799	533	33	of	of	ADP
taxlaw-2799	533	34	party	party	PROPN
taxlaw-2799	533	35	b	b	NOUN
taxlaw-2799	533	36	)	)	PUNCT
taxlaw-2799	533	37	or	or	CCONJ
taxlaw-2799	533	38	provide	provide	VERB
taxlaw-2799	533	39	the	the	DET
taxlaw-2799	533	40	payment	payment	NOUN
taxlaw-2799	533	41	(	(	PUNCT
taxlaw-2799	533	42	in	in	ADP
taxlaw-2799	533	43	the	the	DET
taxlaw-2799	533	44	case	case	NOUN
taxlaw-2799	533	45	of	of	ADP
taxlaw-2799	533	46	party	party	NOUN
taxlaw-2799	533	47	a	a	PRON
taxlaw-2799	533	48	)	)	PUNCT
taxlaw-2799	533	49	.	.	PUNCT
taxlaw-2799	534	1	by	by	ADP
taxlaw-2799	534	2	interposing	interpose	VERB
taxlaw-2799	534	3	itself	itself	PRON
taxlaw-2799	534	4	between	between	ADP
taxlaw-2799	534	5	the	the	DET
taxlaw-2799	534	6	parties	party	NOUN
taxlaw-2799	534	7	,	,	PUNCT
taxlaw-2799	534	8	the	the	DET
taxlaw-2799	534	9	clearinghouse	clearinghouse	NOUN
taxlaw-2799	534	10	assumes	assume	VERB
taxlaw-2799	534	11	the	the	DET
taxlaw-2799	534	12	risk	risk	NOUN
taxlaw-2799	534	13	that	that	SCONJ
taxlaw-2799	534	14	one	one	NUM
taxlaw-2799	534	15	party	party	NOUN
taxlaw-2799	534	16	to	to	ADP
taxlaw-2799	534	17	the	the	DET
taxlaw-2799	534	18	transaction	transaction	NOUN
taxlaw-2799	534	19	will	will	AUX
taxlaw-2799	534	20	not	not	PART
taxlaw-2799	534	21	perform	perform	VERB
taxlaw-2799	534	22	.	.	PUNCT
taxlaw-2799	535	1	the	the	DET
taxlaw-2799	535	2	clearinghouse	clearinghouse	NOUN
taxlaw-2799	535	3	manages	manage	VERB
taxlaw-2799	535	4	this	this	DET
taxlaw-2799	535	5	risk	risk	NOUN
taxlaw-2799	535	6	through	through	ADP
taxlaw-2799	535	7	several	several	ADJ
taxlaw-2799	535	8	mechanisms	mechanism	NOUN
taxlaw-2799	535	9	:	:	PUNCT
taxlaw-2799	535	10	(	(	PUNCT
taxlaw-2799	535	11	i	i	NOUN
taxlaw-2799	535	12	)	)	PUNCT
taxlaw-2799	535	13	it	it	PRON
taxlaw-2799	535	14	takes	take	VERB
taxlaw-2799	535	15	initial	initial	ADJ
taxlaw-2799	535	16	margin	margin	NOUN
taxlaw-2799	535	17	(	(	PUNCT
taxlaw-2799	535	18	usually	usually	ADV
taxlaw-2799	535	19	a	a	DET
taxlaw-2799	535	20	small	small	ADJ
taxlaw-2799	535	21	percentage	percentage	NOUN
taxlaw-2799	535	22	of	of	ADP
taxlaw-2799	535	23	the	the	DET
taxlaw-2799	535	24	purchase	purchase	NOUN
taxlaw-2799	535	25	price	price	NOUN
taxlaw-2799	535	26	)	)	PUNCT
taxlaw-2799	535	27	and	and	CCONJ
taxlaw-2799	535	28	subsequently	subsequently	ADV
taxlaw-2799	535	29	variation	variation	NOUN
taxlaw-2799	535	30	margin	margin	NOUN
taxlaw-2799	535	31	,	,	PUNCT
taxlaw-2799	535	32	as	as	SCONJ
taxlaw-2799	535	33	described	describe	VERB
taxlaw-2799	535	34	below	below	ADV
taxlaw-2799	535	35	,	,	PUNCT
taxlaw-2799	535	36	determined	determine	VERB
taxlaw-2799	535	37	by	by	ADP
taxlaw-2799	535	38	reference	reference	NOUN
taxlaw-2799	535	39	to	to	ADP
taxlaw-2799	535	40	the	the	DET
taxlaw-2799	535	41	party	party	NOUN
taxlaw-2799	535	42	’s	’s	PART
taxlaw-2799	535	43	then	then	ADV
taxlaw-2799	535	44	-	-	PUNCT
taxlaw-2799	535	45	outstanding	outstanding	ADJ
taxlaw-2799	535	46	trades	trade	NOUN
taxlaw-2799	535	47	with	with	ADP
taxlaw-2799	535	48	the	the	DET
taxlaw-2799	535	49	clearinghouse	clearinghouse	NOUN
taxlaw-2799	535	50	,	,	PUNCT
taxlaw-2799	535	51	which	which	PRON
taxlaw-2799	535	52	changes	change	VERB
taxlaw-2799	535	53	daily	daily	ADV
taxlaw-2799	535	54	;	;	PUNCT
taxlaw-2799	535	55	(	(	PUNCT
taxlaw-2799	535	56	ii	ii	X
taxlaw-2799	535	57	)	)	PUNCT
taxlaw-2799	535	58	it	it	PRON
taxlaw-2799	535	59	nets	net	VERB
taxlaw-2799	535	60	the	the	DET
taxlaw-2799	535	61	fcm	fcm	X
taxlaw-2799	535	62	’s	’s	PART
taxlaw-2799	535	63	position	position	NOUN
taxlaw-2799	535	64	in	in	ADP
taxlaw-2799	535	65	the	the	DET
taxlaw-2799	535	66	particular	particular	ADJ
taxlaw-2799	535	67	contract	contract	NOUN
taxlaw-2799	535	68	,	,	PUNCT
taxlaw-2799	535	69	as	as	SCONJ
taxlaw-2799	535	70	described	describe	VERB
taxlaw-2799	535	71	below	below	ADV
taxlaw-2799	535	72	;	;	PUNCT
taxlaw-2799	535	73	and	and	CCONJ
taxlaw-2799	535	74	(	(	PUNCT
taxlaw-2799	535	75	iii	iii	X
taxlaw-2799	535	76	)	)	PUNCT
taxlaw-2799	535	77	it	it	PRON
taxlaw-2799	535	78	requires	require	VERB
taxlaw-2799	535	79	that	that	SCONJ
taxlaw-2799	535	80	the	the	DET
taxlaw-2799	535	81	fcm	fcm	PROPN
taxlaw-2799	535	82	provide	provide	VERB
taxlaw-2799	535	83	additional	additional	ADJ
taxlaw-2799	535	84	collateral	collateral	NOUN
taxlaw-2799	535	85	(	(	PUNCT
taxlaw-2799	535	86	which	which	PRON
taxlaw-2799	535	87	becomes	become	VERB
taxlaw-2799	535	88	part	part	NOUN
taxlaw-2799	535	89	of	of	ADP
taxlaw-2799	535	90	a	a	DET
taxlaw-2799	535	91	“	"	PUNCT
taxlaw-2799	535	92	guaranty	guaranty	NOUN
taxlaw-2799	535	93	fund	fund	NOUN
taxlaw-2799	535	94	”	"	PUNCT
taxlaw-2799	535	95	)	)	PUNCT
taxlaw-2799	535	96	and	and	CCONJ
taxlaw-2799	535	97	has	have	VERB
taxlaw-2799	535	98	the	the	DET
taxlaw-2799	535	99	right	right	NOUN
taxlaw-2799	535	100	to	to	PART
taxlaw-2799	535	101	assess	assess	VERB
taxlaw-2799	535	102	fcms	fcms	NOUN
taxlaw-2799	535	103	for	for	ADP
taxlaw-2799	535	104	additional	additional	ADJ
taxlaw-2799	535	105	guaranty	guaranty	NOUN
taxlaw-2799	535	106	fund	fund	NOUN
taxlaw-2799	535	107	contributions	contribution	NOUN
taxlaw-2799	535	108	(	(	PUNCT
taxlaw-2799	535	109	essentially	essentially	ADV
taxlaw-2799	535	110	,	,	PUNCT
taxlaw-2799	535	111	contingent	contingent	ADJ
taxlaw-2799	535	112	collateral	collateral	NOUN
taxlaw-2799	535	113	)	)	PUNCT
taxlaw-2799	535	114	to	to	PART
taxlaw-2799	535	115	cover	cover	VERB
taxlaw-2799	535	116	the	the	DET
taxlaw-2799	535	117	clearinghouse	clearinghouse	NOUN
taxlaw-2799	535	118	’s	’s	PART
taxlaw-2799	535	119	risks.43	risks.43	NOUN
taxlaw-2799	535	120	in	in	ADP
taxlaw-2799	535	121	the	the	DET
taxlaw-2799	535	122	case	case	NOUN
taxlaw-2799	535	123	of	of	ADP
taxlaw-2799	535	124	a	a	DET
taxlaw-2799	535	125	default	default	NOUN
taxlaw-2799	535	126	by	by	ADP
taxlaw-2799	535	127	a	a	DET
taxlaw-2799	535	128	clearinghouse	clearinghouse	NOUN
taxlaw-2799	535	129	member	member	NOUN
taxlaw-2799	535	130	—	—	PUNCT
taxlaw-2799	535	131	generally	generally	ADV
taxlaw-2799	535	132	only	only	ADJ
taxlaw-2799	535	133	members	member	NOUN
taxlaw-2799	535	134	can	can	AUX
taxlaw-2799	535	135	be	be	AUX
taxlaw-2799	535	136	counterparties	counterpartie	NOUN
taxlaw-2799	535	137	to	to	ADP
taxlaw-2799	535	138	the	the	DET
taxlaw-2799	535	139	clearinghouse	clearinghouse	NOUN
taxlaw-2799	535	140	—	—	PUNCT
taxlaw-2799	535	141	the	the	DET
taxlaw-2799	535	142	clearinghouse	clearinghouse	NOUN
taxlaw-2799	535	143	attempts	attempt	VERB
taxlaw-2799	535	144	to	to	PART
taxlaw-2799	535	145	cover	cover	VERB
taxlaw-2799	535	146	any	any	DET
taxlaw-2799	535	147	resulting	result	VERB
taxlaw-2799	535	148	losses	loss	NOUN
taxlaw-2799	535	149	by	by	ADP
taxlaw-2799	535	150	looking	look	VERB
taxlaw-2799	535	151	first	first	ADV
taxlaw-2799	535	152	to	to	ADP
taxlaw-2799	535	153	that	that	DET
taxlaw-2799	535	154	member	member	NOUN
taxlaw-2799	535	155	’s	’s	PART
taxlaw-2799	535	156	margin	margin	NOUN
taxlaw-2799	535	157	and	and	CCONJ
taxlaw-2799	535	158	collateral	collateral	NOUN
taxlaw-2799	535	159	.	.	PUNCT
taxlaw-2799	536	1	should	should	AUX
taxlaw-2799	536	2	that	that	PRON
taxlaw-2799	536	3	be	be	AUX
taxlaw-2799	536	4	insufficient	insufficient	ADJ
taxlaw-2799	536	5	,	,	PUNCT
taxlaw-2799	536	6	however	however	ADV
taxlaw-2799	536	7	,	,	PUNCT
taxlaw-2799	536	8	the	the	DET
taxlaw-2799	536	9	clearinghouse	clearinghouse	NOUN
taxlaw-2799	536	10	can	can	AUX
taxlaw-2799	536	11	draw	draw	VERB
taxlaw-2799	536	12	upon	upon	SCONJ
taxlaw-2799	536	13	the	the	DET
taxlaw-2799	536	14	collateral	collateral	NOUN
taxlaw-2799	536	15	provided	provide	VERB
taxlaw-2799	536	16	by	by	ADP
taxlaw-2799	536	17	other	other	ADJ
taxlaw-2799	536	18	members	member	NOUN
taxlaw-2799	536	19	.	.	PUNCT
taxlaw-2799	537	1	if	if	SCONJ
taxlaw-2799	537	2	that	that	PRON
taxlaw-2799	537	3	,	,	PUNCT
taxlaw-2799	537	4	too	too	ADV
taxlaw-2799	537	5	,	,	PUNCT
taxlaw-2799	537	6	proves	prove	VERB
taxlaw-2799	537	7	inadequate	inadequate	ADJ
taxlaw-2799	537	8	,	,	PUNCT
taxlaw-2799	537	9	the	the	DET
taxlaw-2799	537	10	clearinghouse	clearinghouse	NOUN
taxlaw-2799	537	11	can	can	AUX
taxlaw-2799	537	12	call	call	VERB
taxlaw-2799	537	13	upon	upon	SCONJ
taxlaw-2799	537	14	the	the	DET
taxlaw-2799	537	15	guarantees	guarantee	NOUN
taxlaw-2799	537	16	.	.	PUNCT
taxlaw-2799	538	1	the	the	DET
taxlaw-2799	538	2	risk	risk	NOUN
taxlaw-2799	538	3	of	of	ADP
taxlaw-2799	538	4	failure	failure	NOUN
taxlaw-2799	538	5	by	by	ADP
taxlaw-2799	538	6	a	a	DET
taxlaw-2799	538	7	member	member	NOUN
taxlaw-2799	538	8	is	be	AUX
taxlaw-2799	538	9	thus	thus	ADV
taxlaw-2799	538	10	reduced	reduce	VERB
taxlaw-2799	538	11	,	,	PUNCT
taxlaw-2799	538	12	through	through	ADP
taxlaw-2799	538	13	the	the	DET
taxlaw-2799	538	14	use	use	NOUN
taxlaw-2799	538	15	of	of	ADP
taxlaw-2799	538	16	netting	net	VERB
taxlaw-2799	538	17	and	and	CCONJ
taxlaw-2799	538	18	the	the	DET
taxlaw-2799	538	19	requirement	requirement	NOUN
taxlaw-2799	538	20	that	that	SCONJ
taxlaw-2799	538	21	the	the	DET
taxlaw-2799	538	22	member	member	NOUN
taxlaw-2799	538	23	provide	provide	VERB
taxlaw-2799	538	24	margin	margin	NOUN
taxlaw-2799	538	25	and	and	CCONJ
taxlaw-2799	538	26	collateral	collateral	NOUN
taxlaw-2799	538	27	,	,	PUNCT
taxlaw-2799	538	28	and	and	CCONJ
taxlaw-2799	538	29	mutualized	mutualize	VERB
taxlaw-2799	538	30	,	,	PUNCT
taxlaw-2799	538	31	through	through	ADP
taxlaw-2799	538	32	the	the	DET
taxlaw-2799	538	33	clearinghouse	clearinghouse	NOUN
taxlaw-2799	538	34	’s	’s	PART
taxlaw-2799	538	35	right	right	NOUN
taxlaw-2799	538	36	to	to	PART
taxlaw-2799	538	37	appropriate	appropriate	VERB
taxlaw-2799	538	38	the	the	DET
taxlaw-2799	538	39	assets	asset	NOUN
taxlaw-2799	538	40	of	of	ADP
taxlaw-2799	538	41	other	other	ADJ
taxlaw-2799	538	42	members	member	NOUN
taxlaw-2799	538	43	.	.	PUNCT
taxlaw-2799	539	1	the	the	DET
taxlaw-2799	539	2	netting	netting	NOUN
taxlaw-2799	539	3	of	of	ADP
taxlaw-2799	539	4	contracts	contract	NOUN
taxlaw-2799	539	5	is	be	AUX
taxlaw-2799	539	6	possible	possible	ADJ
taxlaw-2799	539	7	because	because	SCONJ
taxlaw-2799	539	8	the	the	DET
taxlaw-2799	539	9	contracts	contract	NOUN
taxlaw-2799	539	10	have	have	VERB
taxlaw-2799	539	11	standardized	standardize	VERB
taxlaw-2799	539	12	terms	term	NOUN
taxlaw-2799	539	13	.	.	PUNCT
taxlaw-2799	540	1	for	for	ADP
taxlaw-2799	540	2	example	example	NOUN
taxlaw-2799	540	3	,	,	PUNCT
taxlaw-2799	540	4	if	if	SCONJ
taxlaw-2799	540	5	on	on	ADP
taxlaw-2799	540	6	the	the	DET
taxlaw-2799	540	7	day	day	NOUN
taxlaw-2799	540	8	after	after	SCONJ
taxlaw-2799	540	9	the	the	DET
taxlaw-2799	540	10	transaction	transaction	NOUN
taxlaw-2799	540	11	described	describe	VERB
taxlaw-2799	540	12	above	above	ADP
taxlaw-2799	540	13	,	,	PUNCT
taxlaw-2799	540	14	another	another	DET
taxlaw-2799	540	15	customer	customer	NOUN
taxlaw-2799	540	16	of	of	ADP
taxlaw-2799	540	17	fcm	fcm	PROPN
taxlaw-2799	540	18	a	a	DET
taxlaw-2799	540	19	wishes	wish	NOUN
taxlaw-2799	540	20	to	to	PART
taxlaw-2799	540	21	sell	sell	VERB
taxlaw-2799	540	22	15,000	15,000	NUM
taxlaw-2799	540	23	bushels	bushel	NOUN
taxlaw-2799	540	24	of	of	ADP
taxlaw-2799	540	25	corn	corn	NOUN
taxlaw-2799	540	26	pursuant	pursuant	ADJ
taxlaw-2799	540	27	to	to	ADP
taxlaw-2799	540	28	a	a	DET
taxlaw-2799	540	29	futures	future	NOUN
taxlaw-2799	540	30	contract	contract	NOUN
taxlaw-2799	540	31	that	that	PRON
taxlaw-2799	540	32	,	,	PUNCT
taxlaw-2799	540	33	but	but	CCONJ
taxlaw-2799	540	34	for	for	ADP
taxlaw-2799	540	35	the	the	DET
taxlaw-2799	540	36	quantity	quantity	NOUN
taxlaw-2799	540	37	and	and	CCONJ
taxlaw-2799	540	38	price	price	NOUN
taxlaw-2799	540	39	,	,	PUNCT
taxlaw-2799	540	40	has	have	VERB
taxlaw-2799	540	41	terms	term	NOUN
taxlaw-2799	540	42	identical	identical	ADJ
taxlaw-2799	540	43	to	to	ADP
taxlaw-2799	540	44	the	the	DET
taxlaw-2799	540	45	first	first	ADJ
taxlaw-2799	540	46	transaction	transaction	NOUN
taxlaw-2799	540	47	,	,	PUNCT
taxlaw-2799	540	48	fcm	fcm	VERB
taxlaw-2799	540	49	a	a	PRON
taxlaw-2799	540	50	will	will	AUX
taxlaw-2799	540	51	execute	execute	VERB
taxlaw-2799	540	52	that	that	DET
taxlaw-2799	540	53	trade	trade	NOUN
taxlaw-2799	540	54	with	with	ADP
taxlaw-2799	540	55	fcm	fcm	PROPN
taxlaw-2799	540	56	c.	c.	PROPN
taxlaw-2799	540	57	once	once	SCONJ
taxlaw-2799	540	58	this	this	DET
taxlaw-2799	540	59	contract	contract	NOUN
taxlaw-2799	540	60	has	have	AUX
taxlaw-2799	540	61	been	be	AUX
taxlaw-2799	540	62	cleared	clear	VERB
taxlaw-2799	540	63	,	,	PUNCT
taxlaw-2799	540	64	the	the	DET
taxlaw-2799	540	65	clearinghouse	clearinghouse	NOUN
taxlaw-2799	540	66	will	will	AUX
taxlaw-2799	540	67	automatically	automatically	ADV
taxlaw-2799	540	68	net	net	PROPN
taxlaw-2799	540	69	fcm	fcm	VERB
taxlaw-2799	540	70	a	a	DET
taxlaw-2799	540	71	’s	’s	ADJ
taxlaw-2799	540	72	right	right	NOUN
taxlaw-2799	540	73	to	to	PART
taxlaw-2799	540	74	receive	receive	VERB
taxlaw-2799	540	75	5000	5000	NUM
taxlaw-2799	540	76	bushels	bushel	NOUN
taxlaw-2799	540	77	against	against	ADP
taxlaw-2799	540	78	its	its	PRON
taxlaw-2799	540	79	obligation	obligation	NOUN
taxlaw-2799	540	80	to	to	PART
taxlaw-2799	540	81	deliver	deliver	VERB
taxlaw-2799	540	82	15,000	15,000	NUM
taxlaw-2799	540	83	bushels	bushel	NOUN
taxlaw-2799	540	84	into	into	ADP
taxlaw-2799	540	85	a	a	DET
taxlaw-2799	540	86	single	single	ADJ
taxlaw-2799	540	87	obligation	obligation	NOUN
taxlaw-2799	540	88	to	to	PART
taxlaw-2799	540	89	deliver	deliver	VERB
taxlaw-2799	540	90	10,000	10,000	NUM
taxlaw-2799	540	91	bushels	bushel	NOUN
taxlaw-2799	540	92	in	in	ADP
taxlaw-2799	540	93	exchange	exchange	NOUN
taxlaw-2799	540	94	for	for	ADP
taxlaw-2799	540	95	payment	payment	NOUN
taxlaw-2799	540	96	.	.	PUNCT
taxlaw-2799	541	1	as	as	ADP
taxlaw-2799	541	2	a	a	DET
taxlaw-2799	541	3	result	result	NOUN
taxlaw-2799	541	4	,	,	PUNCT
taxlaw-2799	541	5	at	at	ADP
taxlaw-2799	541	6	the	the	DET
taxlaw-2799	541	7	end	end	NOUN
taxlaw-2799	541	8	of	of	ADP
taxlaw-2799	541	9	a	a	DET
taxlaw-2799	541	10	trading	trading	NOUN
taxlaw-2799	541	11	(	(	PUNCT
taxlaw-2799	541	12	generally	generally	ADV
taxlaw-2799	541	13	trade	trade	VERB
taxlaw-2799	541	14	in	in	ADP
taxlaw-2799	541	15	grain	grain	NOUN
taxlaw-2799	541	16	futures	future	NOUN
taxlaw-2799	541	17	)	)	PUNCT
taxlaw-2799	541	18	,	,	PUNCT
taxlaw-2799	541	19	and	and	CCONJ
taxlaw-2799	541	20	some	some	DET
taxlaw-2799	541	21	form	form	NOUN
taxlaw-2799	541	22	of	of	ADP
taxlaw-2799	541	23	central	central	ADJ
taxlaw-2799	541	24	clearinghouses	clearinghouse	NOUN
taxlaw-2799	541	25	existed	exist	VERB
taxlaw-2799	541	26	in	in	ADP
taxlaw-2799	541	27	europe	europe	PROPN
taxlaw-2799	541	28	prior	prior	ADV
taxlaw-2799	541	29	to	to	ADP
taxlaw-2799	541	30	that	that	DET
taxlaw-2799	541	31	time	time	NOUN
taxlaw-2799	541	32	.	.	PUNCT
taxlaw-2799	542	1	federal	federal	PROPN
taxlaw-2799	542	2	reserve	reserve	PROPN
taxlaw-2799	542	3	governor	governor	PROPN
taxlaw-2799	542	4	randall	randall	PROPN
taxlaw-2799	542	5	s.	s.	PROPN
taxlaw-2799	542	6	kroszner	kroszner	PROPN
taxlaw-2799	542	7	,	,	PUNCT
taxlaw-2799	542	8	central	central	ADJ
taxlaw-2799	542	9	counterparty	counterparty	NOUN
taxlaw-2799	542	10	clearing	clearing	NOUN
taxlaw-2799	542	11	:	:	PUNCT
taxlaw-2799	542	12	history	history	NOUN
taxlaw-2799	542	13	,	,	PUNCT
taxlaw-2799	542	14	innovation	innovation	NOUN
taxlaw-2799	542	15	,	,	PUNCT
taxlaw-2799	542	16	and	and	CCONJ
taxlaw-2799	542	17	regulation	regulation	NOUN
taxlaw-2799	542	18	,	,	PUNCT
taxlaw-2799	542	19	address	address	NOUN
taxlaw-2799	542	20	at	at	ADP
taxlaw-2799	542	21	the	the	DET
taxlaw-2799	542	22	european	european	PROPN
taxlaw-2799	542	23	central	central	PROPN
taxlaw-2799	542	24	bank	bank	PROPN
taxlaw-2799	542	25	and	and	CCONJ
taxlaw-2799	542	26	federal	federal	PROPN
taxlaw-2799	542	27	reserve	reserve	PROPN
taxlaw-2799	542	28	bank	bank	PROPN
taxlaw-2799	542	29	of	of	ADP
taxlaw-2799	542	30	chicago	chicago	PROPN
taxlaw-2799	542	31	joint	joint	ADJ
taxlaw-2799	542	32	conference	conference	NOUN
taxlaw-2799	542	33	on	on	ADP
taxlaw-2799	542	34	issues	issue	NOUN
taxlaw-2799	542	35	related	relate	VERB
taxlaw-2799	542	36	to	to	ADP
taxlaw-2799	542	37	central	central	ADJ
taxlaw-2799	542	38	counterparty	counterparty	NOUN
taxlaw-2799	542	39	clearing	clearing	NOUN
taxlaw-2799	542	40	(	(	PUNCT
taxlaw-2799	542	41	apr	apr	NOUN
taxlaw-2799	542	42	.	.	PROPN
taxlaw-2799	542	43	3	3	NUM
taxlaw-2799	542	44	,	,	PUNCT
taxlaw-2799	542	45	2006	2006	NUM
taxlaw-2799	542	46	)	)	PUNCT
taxlaw-2799	542	47	,	,	PUNCT
taxlaw-2799	542	48	http://www.federalreserve.gov/newsevents/speech/kroszner20060403a.htm#f5	http://www.federalreserve.gov/newsevents/speech/kroszner20060403a.htm#f5	NOUN
taxlaw-2799	542	49	(	(	PUNCT
taxlaw-2799	542	50	last	last	ADV
taxlaw-2799	542	51	visited	visit	VERB
taxlaw-2799	542	52	dec	dec	PROPN
taxlaw-2799	542	53	.	.	PROPN
taxlaw-2799	542	54	30	30	NUM
taxlaw-2799	542	55	,	,	PUNCT
taxlaw-2799	542	56	2010	2010	NUM
taxlaw-2799	542	57	)	)	PUNCT
taxlaw-2799	542	58	.	.	PUNCT
taxlaw-2799	543	1	43	43	NUM
taxlaw-2799	544	1	the	the	DET
taxlaw-2799	544	2	initial	initial	ADJ
taxlaw-2799	544	3	margin	margin	NOUN
taxlaw-2799	544	4	and	and	CCONJ
taxlaw-2799	544	5	variation	variation	NOUN
taxlaw-2799	544	6	margin	margin	NOUN
taxlaw-2799	544	7	requirements	requirement	NOUN
taxlaw-2799	544	8	apply	apply	VERB
taxlaw-2799	544	9	in	in	ADP
taxlaw-2799	544	10	the	the	DET
taxlaw-2799	544	11	first	first	ADJ
taxlaw-2799	544	12	instance	instance	NOUN
taxlaw-2799	544	13	to	to	ADP
taxlaw-2799	544	14	customers	customer	NOUN
taxlaw-2799	544	15	,	,	PUNCT
taxlaw-2799	544	16	who	who	PRON
taxlaw-2799	544	17	pay	pay	VERB
taxlaw-2799	544	18	or	or	CCONJ
taxlaw-2799	544	19	receive	receive	VERB
taxlaw-2799	544	20	these	these	DET
taxlaw-2799	544	21	amounts	amount	NOUN
taxlaw-2799	544	22	to	to	ADP
taxlaw-2799	544	23	/	/	SYM
taxlaw-2799	544	24	from	from	ADP
taxlaw-2799	544	25	their	their	PRON
taxlaw-2799	544	26	fcms	fcms	NOUN
taxlaw-2799	544	27	,	,	PUNCT
taxlaw-2799	544	28	who	who	PRON
taxlaw-2799	544	29	in	in	ADP
taxlaw-2799	544	30	turn	turn	NOUN
taxlaw-2799	544	31	generally	generally	ADV
taxlaw-2799	544	32	pay	pay	VERB
taxlaw-2799	544	33	/	/	SYM
taxlaw-2799	544	34	receive	receive	VERB
taxlaw-2799	544	35	these	these	DET
taxlaw-2799	544	36	amounts	amount	NOUN
taxlaw-2799	544	37	to	to	ADP
taxlaw-2799	544	38	/	/	SYM
taxlaw-2799	544	39	from	from	ADP
taxlaw-2799	544	40	the	the	DET
taxlaw-2799	544	41	clearinghouse	clearinghouse	NOUN
taxlaw-2799	544	42	.	.	PUNCT
taxlaw-2799	545	1	thus	thus	ADV
taxlaw-2799	545	2	,	,	PUNCT
taxlaw-2799	545	3	if	if	SCONJ
taxlaw-2799	545	4	a	a	DET
taxlaw-2799	545	5	futures	future	NOUN
taxlaw-2799	545	6	contract	contract	NOUN
taxlaw-2799	545	7	increases	increase	VERB
taxlaw-2799	545	8	in	in	ADP
taxlaw-2799	545	9	value	value	NOUN
taxlaw-2799	545	10	,	,	PUNCT
taxlaw-2799	545	11	one	one	NUM
taxlaw-2799	545	12	customer	customer	NOUN
taxlaw-2799	545	13	will	will	AUX
taxlaw-2799	545	14	pay	pay	VERB
taxlaw-2799	545	15	variation	variation	NOUN
taxlaw-2799	545	16	margin	margin	NOUN
taxlaw-2799	545	17	to	to	ADP
taxlaw-2799	545	18	its	its	PRON
taxlaw-2799	545	19	fcm	fcm	X
taxlaw-2799	545	20	,	,	PUNCT
taxlaw-2799	545	21	which	which	PRON
taxlaw-2799	545	22	will	will	AUX
taxlaw-2799	545	23	pay	pay	VERB
taxlaw-2799	545	24	it	it	PRON
taxlaw-2799	545	25	to	to	ADP
taxlaw-2799	545	26	the	the	DET
taxlaw-2799	545	27	clearinghouse	clearinghouse	NOUN
taxlaw-2799	545	28	,	,	PUNCT
taxlaw-2799	545	29	which	which	PRON
taxlaw-2799	545	30	will	will	AUX
taxlaw-2799	545	31	pay	pay	VERB
taxlaw-2799	545	32	it	it	PRON
taxlaw-2799	545	33	to	to	ADP
taxlaw-2799	545	34	the	the	DET
taxlaw-2799	545	35	other	other	ADJ
taxlaw-2799	545	36	fcm	fcm	X
taxlaw-2799	545	37	,	,	PUNCT
taxlaw-2799	545	38	which	which	PRON
taxlaw-2799	545	39	will	will	AUX
taxlaw-2799	545	40	pay	pay	VERB
taxlaw-2799	545	41	it	it	PRON
taxlaw-2799	545	42	to	to	ADP
taxlaw-2799	545	43	the	the	DET
taxlaw-2799	545	44	second	second	ADJ
taxlaw-2799	545	45	customer	customer	NOUN
taxlaw-2799	545	46	.	.	PUNCT
taxlaw-2799	546	1	the	the	DET
taxlaw-2799	546	2	netting	netting	ADJ
taxlaw-2799	546	3	and	and	CCONJ
taxlaw-2799	546	4	additional	additional	ADJ
taxlaw-2799	546	5	collateral	collateral	ADJ
taxlaw-2799	546	6	requirements	requirement	NOUN
taxlaw-2799	546	7	apply	apply	VERB
taxlaw-2799	546	8	to	to	ADP
taxlaw-2799	546	9	fcms	fcms	NOUN
taxlaw-2799	546	10	,	,	PUNCT
taxlaw-2799	546	11	not	not	PART
taxlaw-2799	546	12	customers	customer	NOUN
taxlaw-2799	546	13	,	,	PUNCT
taxlaw-2799	546	14	however	however	ADV
taxlaw-2799	546	15	,	,	PUNCT
taxlaw-2799	546	16	although	although	SCONJ
taxlaw-2799	546	17	the	the	DET
taxlaw-2799	546	18	cost	cost	NOUN
taxlaw-2799	546	19	of	of	ADP
taxlaw-2799	546	20	the	the	DET
taxlaw-2799	546	21	additional	additional	ADJ
taxlaw-2799	546	22	collateral	collateral	ADJ
taxlaw-2799	546	23	requirements	requirement	NOUN
taxlaw-2799	546	24	may	may	AUX
taxlaw-2799	546	25	be	be	AUX
taxlaw-2799	546	26	passed	pass	VERB
taxlaw-2799	546	27	on	on	ADP
taxlaw-2799	546	28	to	to	ADP
taxlaw-2799	546	29	customers	customer	NOUN
taxlaw-2799	546	30	in	in	ADP
taxlaw-2799	546	31	the	the	DET
taxlaw-2799	546	32	form	form	NOUN
taxlaw-2799	546	33	of	of	ADP
taxlaw-2799	546	34	pricing	pricing	NOUN
taxlaw-2799	546	35	.	.	PUNCT
taxlaw-2799	547	1	2011	2011	NUM
taxlaw-2799	547	2	]	]	PUNCT
taxlaw-2799	547	3	ew	ew	NOUN
taxlaw-2799	547	4	tax	tax	NOUN
taxlaw-2799	547	5	issues	issue	NOUN
taxlaw-2799	547	6	arisi	arisi	VERB
taxlaw-2799	547	7	g	g	PROPN
taxlaw-2799	547	8	from	from	ADP
taxlaw-2799	547	9	the	the	DET
taxlaw-2799	547	10	dodd	dodd	NOUN
taxlaw-2799	547	11	-	-	PUNCT
taxlaw-2799	547	12	fra	fra	PROPN
taxlaw-2799	547	13	k	k	PROPN
taxlaw-2799	547	14	act	act	PROPN
taxlaw-2799	547	15	27	27	NUM
taxlaw-2799	547	16	day	day	NOUN
taxlaw-2799	547	17	,	,	PUNCT
taxlaw-2799	547	18	fcm	fcm	VERB
taxlaw-2799	547	19	a	a	PRON
taxlaw-2799	547	20	will	will	AUX
taxlaw-2799	547	21	always	always	ADV
taxlaw-2799	547	22	have	have	VERB
taxlaw-2799	547	23	a	a	DET
taxlaw-2799	547	24	single	single	ADJ
taxlaw-2799	547	25	net	net	ADJ
taxlaw-2799	547	26	position	position	NOUN
taxlaw-2799	547	27	with	with	ADP
taxlaw-2799	547	28	the	the	DET
taxlaw-2799	547	29	clearinghouse	clearinghouse	NOUN
taxlaw-2799	547	30	with	with	ADP
taxlaw-2799	547	31	respect	respect	NOUN
taxlaw-2799	547	32	to	to	ADP
taxlaw-2799	547	33	any	any	DET
taxlaw-2799	547	34	one	one	NUM
taxlaw-2799	547	35	type	type	NOUN
taxlaw-2799	547	36	of	of	ADP
taxlaw-2799	547	37	futures	future	NOUN
taxlaw-2799	547	38	contract	contract	NOUN
taxlaw-2799	547	39	,	,	PUNCT
taxlaw-2799	547	40	although	although	SCONJ
taxlaw-2799	547	41	it	it	PRON
taxlaw-2799	547	42	will	will	AUX
taxlaw-2799	547	43	have	have	VERB
taxlaw-2799	547	44	multiple	multiple	ADJ
taxlaw-2799	547	45	actual	actual	ADJ
taxlaw-2799	547	46	positions	position	NOUN
taxlaw-2799	547	47	because	because	SCONJ
taxlaw-2799	547	48	it	it	PRON
taxlaw-2799	547	49	transacts	transact	VERB
taxlaw-2799	547	50	in	in	ADP
taxlaw-2799	547	51	multiple	multiple	ADJ
taxlaw-2799	547	52	types	type	NOUN
taxlaw-2799	547	53	of	of	ADP
taxlaw-2799	547	54	futures	future	NOUN
taxlaw-2799	547	55	contracts	contract	NOUN
taxlaw-2799	547	56	.	.	PUNCT
taxlaw-2799	548	1	2	2	X
taxlaw-2799	548	2	.	.	X
taxlaw-2799	548	3	clearing	clear	VERB
taxlaw-2799	548	4	cds	cd	NOUN
taxlaw-2799	548	5	.	.	PUNCT
taxlaw-2799	549	1	in	in	ADP
taxlaw-2799	549	2	contrast	contrast	NOUN
taxlaw-2799	549	3	to	to	ADP
taxlaw-2799	549	4	futures	future	NOUN
taxlaw-2799	549	5	contracts	contract	NOUN
taxlaw-2799	549	6	,	,	PUNCT
taxlaw-2799	549	7	cds	cd	NOUN
taxlaw-2799	549	8	are	be	AUX
taxlaw-2799	549	9	not	not	PART
taxlaw-2799	549	10	traded	trade	VERB
taxlaw-2799	549	11	on	on	ADP
taxlaw-2799	549	12	exchanges	exchange	NOUN
taxlaw-2799	549	13	.	.	PUNCT
taxlaw-2799	550	1	instead	instead	ADV
taxlaw-2799	550	2	,	,	PUNCT
taxlaw-2799	550	3	a	a	DET
taxlaw-2799	550	4	cds	cd	NOUN
taxlaw-2799	550	5	is	be	AUX
taxlaw-2799	550	6	entered	enter	VERB
taxlaw-2799	550	7	into	into	ADP
taxlaw-2799	550	8	over	over	ADP
taxlaw-2799	550	9	-	-	PUNCT
taxlaw-2799	550	10	thecounter	thecounter	NOUN
taxlaw-2799	550	11	in	in	ADP
taxlaw-2799	550	12	a	a	DET
taxlaw-2799	550	13	private	private	ADJ
taxlaw-2799	550	14	agreement	agreement	NOUN
taxlaw-2799	550	15	between	between	ADP
taxlaw-2799	550	16	two	two	NUM
taxlaw-2799	550	17	parties	party	NOUN
taxlaw-2799	550	18	.	.	PUNCT
taxlaw-2799	551	1	as	as	ADP
taxlaw-2799	551	2	a	a	DET
taxlaw-2799	551	3	result	result	NOUN
taxlaw-2799	551	4	of	of	ADP
taxlaw-2799	551	5	the	the	DET
taxlaw-2799	551	6	standardization	standardization	NOUN
taxlaw-2799	551	7	process	process	NOUN
taxlaw-2799	551	8	described	describe	VERB
taxlaw-2799	551	9	below	below	ADV
taxlaw-2799	551	10	,	,	PUNCT
taxlaw-2799	551	11	the	the	DET
taxlaw-2799	551	12	number	number	NOUN
taxlaw-2799	551	13	of	of	ADP
taxlaw-2799	551	14	variables	variable	NOUN
taxlaw-2799	551	15	to	to	PART
taxlaw-2799	551	16	be	be	AUX
taxlaw-2799	551	17	negotiated	negotiate	VERB
taxlaw-2799	551	18	is	be	AUX
taxlaw-2799	551	19	limited	limited	ADJ
taxlaw-2799	551	20	,	,	PUNCT
taxlaw-2799	551	21	primarily	primarily	ADV
taxlaw-2799	551	22	to	to	ADP
taxlaw-2799	551	23	the	the	DET
taxlaw-2799	551	24	market	market	NOUN
taxlaw-2799	551	25	quoted	quote	VERB
taxlaw-2799	551	26	level	level	NOUN
taxlaw-2799	551	27	for	for	ADP
taxlaw-2799	551	28	the	the	DET
taxlaw-2799	551	29	coupon	coupon	NOUN
taxlaw-2799	551	30	—	—	PUNCT
taxlaw-2799	551	31	that	that	ADV
taxlaw-2799	551	32	is	is	ADV
taxlaw-2799	551	33	,	,	PUNCT
taxlaw-2799	551	34	the	the	DET
taxlaw-2799	551	35	coupon	coupon	NOUN
taxlaw-2799	551	36	that	that	PRON
taxlaw-2799	551	37	the	the	DET
taxlaw-2799	551	38	market	market	NOUN
taxlaw-2799	551	39	would	would	AUX
taxlaw-2799	551	40	have	have	AUX
taxlaw-2799	551	41	agreed	agree	VERB
taxlaw-2799	551	42	to	to	PART
taxlaw-2799	551	43	prestandardization	prestandardization	VERB
taxlaw-2799	551	44	—	—	PUNCT
taxlaw-2799	551	45	and	and	CCONJ
taxlaw-2799	551	46	the	the	DET
taxlaw-2799	551	47	maturity	maturity	NOUN
taxlaw-2799	551	48	(	(	PUNCT
taxlaw-2799	551	49	“	"	PUNCT
taxlaw-2799	551	50	tenor	tenor	NOUN
taxlaw-2799	551	51	”	"	PUNCT
taxlaw-2799	551	52	)	)	PUNCT
taxlaw-2799	551	53	of	of	ADP
taxlaw-2799	551	54	the	the	DET
taxlaw-2799	551	55	cds	cd	NOUN
taxlaw-2799	551	56	.	.	PUNCT
taxlaw-2799	552	1	upon	upon	SCONJ
taxlaw-2799	552	2	reaching	reach	VERB
taxlaw-2799	552	3	agreement	agreement	NOUN
taxlaw-2799	552	4	on	on	ADP
taxlaw-2799	552	5	the	the	DET
taxlaw-2799	552	6	terms	term	NOUN
taxlaw-2799	552	7	of	of	ADP
taxlaw-2799	552	8	their	their	PRON
taxlaw-2799	552	9	cds	cd	NOUN
taxlaw-2799	552	10	,	,	PUNCT
taxlaw-2799	552	11	if	if	SCONJ
taxlaw-2799	552	12	the	the	DET
taxlaw-2799	552	13	cds	cd	NOUN
taxlaw-2799	552	14	is	be	AUX
taxlaw-2799	552	15	of	of	ADP
taxlaw-2799	552	16	a	a	DET
taxlaw-2799	552	17	kind	kind	ADJ
taxlaw-2799	552	18	subject	subject	NOUN
taxlaw-2799	552	19	to	to	ADP
taxlaw-2799	552	20	clearing	clearing	NOUN
taxlaw-2799	552	21	,	,	PUNCT
taxlaw-2799	552	22	each	each	DET
taxlaw-2799	552	23	party	party	NOUN
taxlaw-2799	552	24	novates	novate	VERB
taxlaw-2799	552	25	its	its	PRON
taxlaw-2799	552	26	contract	contract	NOUN
taxlaw-2799	552	27	with	with	ADP
taxlaw-2799	552	28	the	the	DET
taxlaw-2799	552	29	central	central	ADJ
taxlaw-2799	552	30	clearinghouse	clearinghouse	NOUN
taxlaw-2799	552	31	,	,	PUNCT
taxlaw-2799	552	32	which	which	PRON
taxlaw-2799	552	33	(	(	PUNCT
taxlaw-2799	552	34	as	as	ADP
taxlaw-2799	552	35	in	in	ADP
taxlaw-2799	552	36	the	the	DET
taxlaw-2799	552	37	futures	future	NOUN
taxlaw-2799	552	38	context	context	NOUN
taxlaw-2799	552	39	)	)	PUNCT
taxlaw-2799	552	40	steps	step	NOUN
taxlaw-2799	552	41	between	between	ADP
taxlaw-2799	552	42	and	and	CCONJ
taxlaw-2799	552	43	becomes	become	VERB
taxlaw-2799	552	44	the	the	DET
taxlaw-2799	552	45	counterparty	counterparty	NOUN
taxlaw-2799	552	46	to	to	ADP
taxlaw-2799	552	47	both	both	DET
taxlaw-2799	552	48	parties.44	parties.44	NOUN
taxlaw-2799	552	49	as	as	ADP
taxlaw-2799	552	50	in	in	ADP
taxlaw-2799	552	51	the	the	DET
taxlaw-2799	552	52	futures	future	NOUN
taxlaw-2799	552	53	context	context	NOUN
taxlaw-2799	552	54	,	,	PUNCT
taxlaw-2799	552	55	this	this	PRON
taxlaw-2799	552	56	allows	allow	VERB
taxlaw-2799	552	57	the	the	DET
taxlaw-2799	552	58	44	44	NUM
taxlaw-2799	552	59	the	the	DET
taxlaw-2799	552	60	statement	statement	NOUN
taxlaw-2799	552	61	in	in	ADP
taxlaw-2799	552	62	the	the	DET
taxlaw-2799	552	63	text	text	NOUN
taxlaw-2799	552	64	is	be	AUX
taxlaw-2799	552	65	a	a	DET
taxlaw-2799	552	66	highly	highly	ADV
taxlaw-2799	552	67	simplified	simplified	ADJ
taxlaw-2799	552	68	explanation	explanation	NOUN
taxlaw-2799	552	69	of	of	ADP
taxlaw-2799	552	70	the	the	DET
taxlaw-2799	552	71	actual	actual	ADJ
taxlaw-2799	552	72	process	process	NOUN
taxlaw-2799	552	73	,	,	PUNCT
taxlaw-2799	552	74	which	which	PRON
taxlaw-2799	552	75	differs	differ	VERB
taxlaw-2799	552	76	from	from	ADP
taxlaw-2799	552	77	the	the	DET
taxlaw-2799	552	78	process	process	NOUN
taxlaw-2799	552	79	for	for	ADP
taxlaw-2799	552	80	futures	future	NOUN
taxlaw-2799	552	81	contracts	contract	NOUN
taxlaw-2799	552	82	in	in	ADP
taxlaw-2799	552	83	several	several	ADJ
taxlaw-2799	552	84	regards	regard	NOUN
taxlaw-2799	552	85	.	.	PUNCT
taxlaw-2799	553	1	unlike	unlike	ADP
taxlaw-2799	553	2	the	the	DET
taxlaw-2799	553	3	case	case	NOUN
taxlaw-2799	553	4	with	with	ADP
taxlaw-2799	553	5	futures	future	NOUN
taxlaw-2799	553	6	,	,	PUNCT
taxlaw-2799	553	7	the	the	DET
taxlaw-2799	553	8	brokers	broker	NOUN
taxlaw-2799	553	9	(	(	PUNCT
taxlaw-2799	553	10	dealers	dealer	NOUN
taxlaw-2799	553	11	)	)	PUNCT
taxlaw-2799	553	12	who	who	PRON
taxlaw-2799	553	13	face	face	VERB
taxlaw-2799	553	14	customers	customer	NOUN
taxlaw-2799	553	15	in	in	ADP
taxlaw-2799	553	16	the	the	DET
taxlaw-2799	553	17	cds	cd	NOUN
taxlaw-2799	553	18	market	market	NOUN
taxlaw-2799	553	19	are	be	AUX
taxlaw-2799	553	20	not	not	PART
taxlaw-2799	553	21	always	always	ADV
taxlaw-2799	553	22	clearinghouse	clearinghouse	VERB
taxlaw-2799	553	23	members	member	NOUN
taxlaw-2799	553	24	.	.	PUNCT
taxlaw-2799	554	1	consequently	consequently	ADV
taxlaw-2799	554	2	,	,	PUNCT
taxlaw-2799	554	3	in	in	ADP
taxlaw-2799	554	4	order	order	NOUN
taxlaw-2799	554	5	to	to	PART
taxlaw-2799	554	6	clear	clear	VERB
taxlaw-2799	554	7	a	a	DET
taxlaw-2799	554	8	cds	cd	NOUN
taxlaw-2799	554	9	,	,	PUNCT
taxlaw-2799	554	10	the	the	DET
taxlaw-2799	554	11	customer	customer	NOUN
taxlaw-2799	554	12	,	,	PUNCT
taxlaw-2799	554	13	the	the	DET
taxlaw-2799	554	14	executing	execute	VERB
taxlaw-2799	554	15	broker	broker	NOUN
taxlaw-2799	554	16	(	(	PUNCT
taxlaw-2799	554	17	that	that	ADV
taxlaw-2799	554	18	is	is	ADV
taxlaw-2799	554	19	,	,	PUNCT
taxlaw-2799	554	20	the	the	DET
taxlaw-2799	554	21	swap	swap	NOUN
taxlaw-2799	554	22	dealer	dealer	NOUN
taxlaw-2799	554	23	)	)	PUNCT
taxlaw-2799	554	24	,	,	PUNCT
taxlaw-2799	554	25	and	and	CCONJ
taxlaw-2799	554	26	the	the	DET
taxlaw-2799	554	27	designated	designate	VERB
taxlaw-2799	554	28	clearing	clearing	NOUN
taxlaw-2799	554	29	member	member	NOUN
taxlaw-2799	554	30	(	(	PUNCT
taxlaw-2799	554	31	which	which	PRON
taxlaw-2799	554	32	may	may	AUX
taxlaw-2799	554	33	or	or	CCONJ
taxlaw-2799	554	34	may	may	AUX
taxlaw-2799	554	35	not	not	PART
taxlaw-2799	554	36	be	be	AUX
taxlaw-2799	554	37	the	the	DET
taxlaw-2799	554	38	same	same	ADJ
taxlaw-2799	554	39	legal	legal	ADJ
taxlaw-2799	554	40	entity	entity	NOUN
taxlaw-2799	554	41	as	as	ADP
taxlaw-2799	554	42	the	the	DET
taxlaw-2799	554	43	broker	broker	NOUN
taxlaw-2799	554	44	,	,	PUNCT
taxlaw-2799	554	45	or	or	CCONJ
taxlaw-2799	554	46	an	an	DET
taxlaw-2799	554	47	affiliate	affiliate	NOUN
taxlaw-2799	554	48	of	of	ADP
taxlaw-2799	554	49	the	the	DET
taxlaw-2799	554	50	broker	broker	NOUN
taxlaw-2799	554	51	)	)	PUNCT
taxlaw-2799	554	52	must	must	AUX
taxlaw-2799	554	53	all	all	ADV
taxlaw-2799	554	54	cooperate	cooperate	VERB
taxlaw-2799	554	55	,	,	PUNCT
taxlaw-2799	554	56	as	as	SCONJ
taxlaw-2799	554	57	the	the	DET
taxlaw-2799	554	58	customer	customer	NOUN
taxlaw-2799	554	59	-	-	PUNCT
taxlaw-2799	554	60	broker	broker	NOUN
taxlaw-2799	554	61	transaction	transaction	NOUN
taxlaw-2799	554	62	will	will	AUX
taxlaw-2799	554	63	be	be	AUX
taxlaw-2799	554	64	replaced	replace	VERB
taxlaw-2799	554	65	by	by	ADP
taxlaw-2799	554	66	a	a	DET
taxlaw-2799	554	67	customer	customer	NOUN
taxlaw-2799	554	68	-	-	PUNCT
taxlaw-2799	554	69	clearing	clearing	NOUN
taxlaw-2799	554	70	member	member	NOUN
taxlaw-2799	554	71	-	-	PUNCT
taxlaw-2799	554	72	clearinghouse	clearinghouse	NOUN
taxlaw-2799	554	73	transaction	transaction	NOUN
taxlaw-2799	554	74	.	.	PUNCT
taxlaw-2799	555	1	the	the	DET
taxlaw-2799	555	2	process	process	NOUN
taxlaw-2799	555	3	for	for	ADP
taxlaw-2799	555	4	dealing	deal	VERB
taxlaw-2799	555	5	with	with	ADP
taxlaw-2799	555	6	failures	failure	NOUN
taxlaw-2799	555	7	to	to	PART
taxlaw-2799	555	8	clear	clear	VERB
taxlaw-2799	555	9	a	a	DET
taxlaw-2799	555	10	trade	trade	NOUN
taxlaw-2799	555	11	is	be	AUX
taxlaw-2799	555	12	also	also	ADV
taxlaw-2799	555	13	different	different	ADJ
taxlaw-2799	555	14	in	in	ADP
taxlaw-2799	555	15	the	the	DET
taxlaw-2799	555	16	futures	future	NOUN
taxlaw-2799	555	17	and	and	CCONJ
taxlaw-2799	555	18	cds	cd	NOUN
taxlaw-2799	555	19	markets	market	NOUN
taxlaw-2799	555	20	.	.	PUNCT
taxlaw-2799	556	1	in	in	ADP
taxlaw-2799	556	2	the	the	DET
taxlaw-2799	556	3	futures	future	NOUN
taxlaw-2799	556	4	market	market	NOUN
taxlaw-2799	556	5	,	,	PUNCT
taxlaw-2799	556	6	the	the	DET
taxlaw-2799	556	7	parties	party	NOUN
taxlaw-2799	556	8	simply	simply	ADV
taxlaw-2799	556	9	keep	keep	VERB
taxlaw-2799	556	10	trying	try	VERB
taxlaw-2799	556	11	to	to	PART
taxlaw-2799	556	12	clear	clear	VERB
taxlaw-2799	556	13	a	a	DET
taxlaw-2799	556	14	trade	trade	NOUN
taxlaw-2799	556	15	.	.	PUNCT
taxlaw-2799	557	1	if	if	SCONJ
taxlaw-2799	557	2	it	it	PRON
taxlaw-2799	557	3	fails	fail	VERB
taxlaw-2799	557	4	,	,	PUNCT
taxlaw-2799	557	5	no	no	DET
taxlaw-2799	557	6	trade	trade	NOUN
taxlaw-2799	557	7	exists	exist	VERB
taxlaw-2799	557	8	.	.	PUNCT
taxlaw-2799	558	1	in	in	ADP
taxlaw-2799	558	2	the	the	DET
taxlaw-2799	558	3	cds	cd	NOUN
taxlaw-2799	558	4	market	market	NOUN
taxlaw-2799	558	5	,	,	PUNCT
taxlaw-2799	558	6	dealer	dealer	NOUN
taxlaw-2799	558	7	/	/	SYM
taxlaw-2799	558	8	dealer	dealer	NOUN
taxlaw-2799	558	9	trades	trade	NOUN
taxlaw-2799	558	10	clear	clear	ADJ
taxlaw-2799	558	11	weekly	weekly	ADV
taxlaw-2799	558	12	on	on	ADP
taxlaw-2799	558	13	ice	ice	NOUN
taxlaw-2799	558	14	trust	trust	NOUN
taxlaw-2799	558	15	and	and	CCONJ
taxlaw-2799	558	16	daily	daily	ADV
taxlaw-2799	558	17	on	on	ADP
taxlaw-2799	558	18	the	the	DET
taxlaw-2799	558	19	cme	cme	NOUN
taxlaw-2799	558	20	,	,	PUNCT
taxlaw-2799	558	21	although	although	SCONJ
taxlaw-2799	558	22	both	both	PRON
taxlaw-2799	558	23	are	be	AUX
taxlaw-2799	558	24	working	work	VERB
taxlaw-2799	558	25	on	on	ADP
taxlaw-2799	558	26	more	more	ADV
taxlaw-2799	558	27	rapid	rapid	ADJ
taxlaw-2799	558	28	clearing	clearing	NOUN
taxlaw-2799	558	29	cycles	cycle	NOUN
taxlaw-2799	558	30	.	.	PUNCT
taxlaw-2799	559	1	in	in	ADP
taxlaw-2799	559	2	the	the	DET
taxlaw-2799	559	3	interim	interim	NOUN
taxlaw-2799	559	4	between	between	ADP
taxlaw-2799	559	5	agreeing	agree	VERB
taxlaw-2799	559	6	to	to	ADP
taxlaw-2799	559	7	a	a	DET
taxlaw-2799	559	8	transaction	transaction	NOUN
taxlaw-2799	559	9	and	and	CCONJ
taxlaw-2799	559	10	clearing	clear	VERB
taxlaw-2799	559	11	it	it	PRON
taxlaw-2799	559	12	,	,	PUNCT
taxlaw-2799	559	13	a	a	DET
taxlaw-2799	559	14	bilateral	bilateral	ADJ
taxlaw-2799	559	15	otc	otc	PROPN
taxlaw-2799	559	16	contract	contract	NOUN
taxlaw-2799	559	17	exists	exist	VERB
taxlaw-2799	559	18	between	between	ADP
taxlaw-2799	559	19	the	the	DET
taxlaw-2799	559	20	dealers	dealer	NOUN
taxlaw-2799	559	21	.	.	PUNCT
taxlaw-2799	560	1	if	if	SCONJ
taxlaw-2799	560	2	the	the	DET
taxlaw-2799	560	3	trade	trade	NOUN
taxlaw-2799	560	4	fails	fail	VERB
taxlaw-2799	560	5	to	to	PART
taxlaw-2799	560	6	clear	clear	VERB
taxlaw-2799	560	7	,	,	PUNCT
taxlaw-2799	560	8	the	the	DET
taxlaw-2799	560	9	bilateral	bilateral	ADJ
taxlaw-2799	560	10	otc	otc	PROPN
taxlaw-2799	560	11	contract	contract	NOUN
taxlaw-2799	560	12	continues	continue	VERB
taxlaw-2799	560	13	in	in	ADP
taxlaw-2799	560	14	existence	existence	NOUN
taxlaw-2799	560	15	.	.	PUNCT
taxlaw-2799	561	1	dealer	dealer	NOUN
taxlaw-2799	561	2	/	/	SYM
taxlaw-2799	561	3	customer	customer	NOUN
taxlaw-2799	561	4	cds	cd	NOUN
taxlaw-2799	561	5	trades	trade	NOUN
taxlaw-2799	561	6	work	work	VERB
taxlaw-2799	561	7	differently	differently	ADV
taxlaw-2799	561	8	.	.	PUNCT
taxlaw-2799	562	1	if	if	SCONJ
taxlaw-2799	562	2	a	a	DET
taxlaw-2799	562	3	trade	trade	NOUN
taxlaw-2799	562	4	of	of	ADP
taxlaw-2799	562	5	that	that	DET
taxlaw-2799	562	6	kind	kind	NOUN
taxlaw-2799	562	7	fails	fail	VERB
taxlaw-2799	562	8	to	to	PART
taxlaw-2799	562	9	clear	clear	VERB
taxlaw-2799	562	10	,	,	PUNCT
taxlaw-2799	562	11	there	there	PRON
taxlaw-2799	562	12	are	be	VERB
taxlaw-2799	562	13	several	several	ADJ
taxlaw-2799	562	14	different	different	ADJ
taxlaw-2799	562	15	possible	possible	ADJ
taxlaw-2799	562	16	outcomes	outcome	NOUN
taxlaw-2799	562	17	:	:	PUNCT
taxlaw-2799	562	18	(	(	PUNCT
taxlaw-2799	562	19	i	i	NOUN
taxlaw-2799	562	20	)	)	PUNCT
taxlaw-2799	562	21	the	the	DET
taxlaw-2799	562	22	designated	designate	VERB
taxlaw-2799	562	23	clearing	clearing	NOUN
taxlaw-2799	562	24	member	member	NOUN
taxlaw-2799	562	25	may	may	AUX
taxlaw-2799	562	26	be	be	AUX
taxlaw-2799	562	27	replaced	replace	VERB
taxlaw-2799	562	28	,	,	PUNCT
taxlaw-2799	562	29	(	(	PUNCT
taxlaw-2799	562	30	ii	ii	NOUN
taxlaw-2799	562	31	)	)	PUNCT
taxlaw-2799	562	32	the	the	DET
taxlaw-2799	562	33	trade	trade	NOUN
taxlaw-2799	562	34	may	may	AUX
taxlaw-2799	562	35	remain	remain	VERB
taxlaw-2799	562	36	a	a	DET
taxlaw-2799	562	37	bilateral	bilateral	ADJ
taxlaw-2799	562	38	otc	otc	PROPN
taxlaw-2799	562	39	contract	contract	NOUN
taxlaw-2799	562	40	,	,	PUNCT
taxlaw-2799	562	41	but	but	CCONJ
taxlaw-2799	562	42	likely	likely	ADV
taxlaw-2799	562	43	with	with	ADP
taxlaw-2799	562	44	different	different	ADJ
taxlaw-2799	562	45	pricing	pricing	NOUN
taxlaw-2799	562	46	because	because	SCONJ
taxlaw-2799	562	47	the	the	DET
taxlaw-2799	562	48	credit	credit	NOUN
taxlaw-2799	562	49	risk	risk	NOUN
taxlaw-2799	562	50	,	,	PUNCT
taxlaw-2799	562	51	margin	margin	NOUN
taxlaw-2799	562	52	requirements	requirement	NOUN
taxlaw-2799	562	53	,	,	PUNCT
taxlaw-2799	562	54	and	and	CCONJ
taxlaw-2799	562	55	possibly	possibly	ADV
taxlaw-2799	562	56	regulatory	regulatory	ADJ
taxlaw-2799	562	57	capital	capital	NOUN
taxlaw-2799	562	58	requirements	requirement	NOUN
taxlaw-2799	562	59	are	be	AUX
taxlaw-2799	562	60	different	different	ADJ
taxlaw-2799	562	61	for	for	ADP
taxlaw-2799	562	62	otc	otc	PROPN
taxlaw-2799	562	63	-	-	PUNCT
taxlaw-2799	562	64	only	only	ADV
taxlaw-2799	562	65	vs.	vs.	ADP
taxlaw-2799	562	66	cleared	clear	VERB
taxlaw-2799	562	67	cds	cd	NOUN
taxlaw-2799	562	68	,	,	PUNCT
taxlaw-2799	562	69	or	or	CCONJ
taxlaw-2799	562	70	(	(	PUNCT
taxlaw-2799	562	71	iii	iii	X
taxlaw-2799	562	72	)	)	PUNCT
taxlaw-2799	562	73	the	the	DET
taxlaw-2799	562	74	trade	trade	NOUN
taxlaw-2799	562	75	may	may	AUX
taxlaw-2799	562	76	be	be	AUX
taxlaw-2799	562	77	broken	break	VERB
taxlaw-2799	562	78	.	.	PUNCT
taxlaw-2799	563	1	see	see	VERB
taxlaw-2799	563	2	isda	isda	NOUN
taxlaw-2799	563	3	,	,	PUNCT
taxlaw-2799	563	4	recommended	recommend	VERB
taxlaw-2799	563	5	common	common	ADJ
taxlaw-2799	563	6	principles	principle	NOUN
taxlaw-2799	563	7	for	for	ADP
taxlaw-2799	563	8	relationships	relationship	NOUN
taxlaw-2799	563	9	between	between	ADP
taxlaw-2799	563	10	customer	customer	NOUN
taxlaw-2799	563	11	and	and	CCONJ
taxlaw-2799	563	12	executing	execute	VERB
taxlaw-2799	563	13	broker	broker	NOUN
taxlaw-2799	563	14	(	(	PUNCT
taxlaw-2799	563	15	“	"	PUNCT
taxlaw-2799	563	16	eb	eb	PROPN
taxlaw-2799	563	17	”	"	PUNCT
taxlaw-2799	563	18	)	)	PUNCT
taxlaw-2799	563	19	and	and	CCONJ
taxlaw-2799	563	20	clearing	clear	VERB
taxlaw-2799	563	21	member	member	NOUN
taxlaw-2799	563	22	(	(	PUNCT
taxlaw-2799	563	23	“	"	PUNCT
taxlaw-2799	563	24	cm	cm	NOUN
taxlaw-2799	563	25	”	"	PUNCT
taxlaw-2799	563	26	)	)	PUNCT
taxlaw-2799	563	27	,	,	PUNCT
taxlaw-2799	563	28	http://www.isda.org/credit/docs/recommended-common-principles.pdf	http://www.isda.org/credit/docs/recommended-common-principles.pdf	NOUN
taxlaw-2799	563	29	(	(	PUNCT
taxlaw-2799	563	30	last	last	ADV
taxlaw-2799	563	31	visited	visit	VERB
taxlaw-2799	563	32	dec	dec	PROPN
taxlaw-2799	563	33	.	.	PROPN
taxlaw-2799	563	34	30	30	NUM
taxlaw-2799	563	35	,	,	PUNCT
taxlaw-2799	563	36	2010	2010	NUM
taxlaw-2799	563	37	)	)	PUNCT
taxlaw-2799	563	38	.	.	PUNCT
taxlaw-2799	564	1	all	all	PRON
taxlaw-2799	564	2	of	of	ADP
taxlaw-2799	564	3	this	this	PRON
taxlaw-2799	564	4	is	be	AUX
taxlaw-2799	564	5	subject	subject	ADJ
taxlaw-2799	564	6	to	to	ADP
taxlaw-2799	564	7	change	change	NOUN
taxlaw-2799	564	8	as	as	SCONJ
taxlaw-2799	564	9	the	the	DET
taxlaw-2799	564	10	markets	market	NOUN
taxlaw-2799	564	11	continue	continue	VERB
taxlaw-2799	564	12	to	to	PART
taxlaw-2799	564	13	develop	develop	VERB
taxlaw-2799	564	14	.	.	PUNCT
taxlaw-2799	565	1	one	one	NUM
taxlaw-2799	565	2	tax	tax	NOUN
taxlaw-2799	565	3	question	question	NOUN
taxlaw-2799	565	4	raised	raise	VERB
taxlaw-2799	565	5	by	by	ADP
taxlaw-2799	565	6	the	the	DET
taxlaw-2799	565	7	clearing	clearing	NOUN
taxlaw-2799	565	8	process	process	NOUN
taxlaw-2799	565	9	is	be	AUX
taxlaw-2799	565	10	whether	whether	SCONJ
taxlaw-2799	565	11	the	the	DET
taxlaw-2799	565	12	clearing	clearing	NOUN
taxlaw-2799	565	13	of	of	ADP
taxlaw-2799	565	14	a	a	DET
taxlaw-2799	565	15	swap	swap	NOUN
taxlaw-2799	565	16	will	will	AUX
taxlaw-2799	565	17	be	be	AUX
taxlaw-2799	565	18	treated	treat	VERB
taxlaw-2799	565	19	as	as	ADP
taxlaw-2799	565	20	a	a	DET
taxlaw-2799	565	21	taxable	taxable	ADJ
taxlaw-2799	565	22	disposition	disposition	NOUN
taxlaw-2799	565	23	of	of	ADP
taxlaw-2799	565	24	the	the	DET
taxlaw-2799	565	25	swap	swap	NOUN
taxlaw-2799	565	26	for	for	ADP
taxlaw-2799	565	27	property	property	NOUN
taxlaw-2799	565	28	differing	differ	VERB
taxlaw-2799	565	29	materially	materially	ADV
taxlaw-2799	565	30	in	in	ADP
taxlaw-2799	565	31	kind	kind	NOUN
taxlaw-2799	565	32	or	or	CCONJ
taxlaw-2799	565	33	extent	extent	NOUN
taxlaw-2799	565	34	,	,	PUNCT
taxlaw-2799	565	35	under	under	ADP
taxlaw-2799	565	36	§	§	PROPN
taxlaw-2799	565	37	1001	1001	NUM
taxlaw-2799	565	38	.	.	PUNCT
taxlaw-2799	566	1	in	in	ADP
taxlaw-2799	566	2	the	the	DET
taxlaw-2799	566	3	case	case	NOUN
taxlaw-2799	566	4	of	of	ADP
taxlaw-2799	566	5	newly	newly	ADV
taxlaw-2799	566	6	originated	originate	VERB
taxlaw-2799	566	7	swaps	swap	NOUN
taxlaw-2799	566	8	that	that	PRON
taxlaw-2799	566	9	are	be	AUX
taxlaw-2799	566	10	intended	intend	VERB
taxlaw-2799	566	11	from	from	ADP
taxlaw-2799	566	12	the	the	DET
taxlaw-2799	566	13	outset	outset	NOUN
taxlaw-2799	566	14	to	to	PART
taxlaw-2799	566	15	be	be	AUX
taxlaw-2799	566	16	cleared	clear	VERB
taxlaw-2799	566	17	,	,	PUNCT
taxlaw-2799	566	18	this	this	DET
taxlaw-2799	566	19	issue	issue	NOUN
taxlaw-2799	566	20	appears	appear	VERB
taxlaw-2799	566	21	to	to	PART
taxlaw-2799	566	22	be	be	AUX
taxlaw-2799	566	23	trivial	trivial	ADJ
taxlaw-2799	566	24	,	,	PUNCT
taxlaw-2799	566	25	particularly	particularly	ADV
taxlaw-2799	566	26	if	if	SCONJ
taxlaw-2799	566	27	as	as	SCONJ
taxlaw-2799	566	28	suggested	suggest	VERB
taxlaw-2799	566	29	above	above	ADP
taxlaw-2799	566	30	the	the	DET
taxlaw-2799	566	31	terms	term	NOUN
taxlaw-2799	566	32	may	may	AUX
taxlaw-2799	566	33	change	change	VERB
taxlaw-2799	566	34	if	if	SCONJ
taxlaw-2799	566	35	the	the	DET
taxlaw-2799	566	36	swap	swap	NOUN
taxlaw-2799	566	37	ultimately	ultimately	ADV
taxlaw-2799	566	38	is	be	AUX
taxlaw-2799	566	39	not	not	PART
taxlaw-2799	566	40	cleared	clear	VERB
taxlaw-2799	566	41	.	.	PUNCT
taxlaw-2799	567	1	under	under	ADP
taxlaw-2799	567	2	the	the	DET
taxlaw-2799	567	3	step	step	NOUN
taxlaw-2799	567	4	transaction	transaction	NOUN
taxlaw-2799	567	5	doctrine	doctrine	NOUN
taxlaw-2799	567	6	,	,	PUNCT
taxlaw-2799	567	7	it	it	PRON
taxlaw-2799	567	8	should	should	AUX
taxlaw-2799	567	9	be	be	AUX
taxlaw-2799	567	10	the	the	DET
taxlaw-2799	567	11	case	case	NOUN
taxlaw-2799	567	12	that	that	SCONJ
taxlaw-2799	567	13	the	the	DET
taxlaw-2799	567	14	cleared	clear	VERB
taxlaw-2799	567	15	swap	swap	NOUN
taxlaw-2799	567	16	is	be	AUX
taxlaw-2799	567	17	treated	treat	VERB
taxlaw-2799	567	18	as	as	ADP
taxlaw-2799	567	19	the	the	DET
taxlaw-2799	567	20	same	same	ADJ
taxlaw-2799	567	21	swap	swap	NOUN
taxlaw-2799	567	22	agreed	agree	VERB
taxlaw-2799	567	23	to	to	ADP
taxlaw-2799	567	24	by	by	ADP
taxlaw-2799	567	25	the	the	DET
taxlaw-2799	567	26	parties	party	NOUN
taxlaw-2799	567	27	.	.	PUNCT
taxlaw-2799	568	1	see	see	VERB
taxlaw-2799	568	2	discussion	discussion	NOUN
taxlaw-2799	568	3	infra	infra	NOUN
taxlaw-2799	568	4	section	section	NOUN
taxlaw-2799	568	5	iii.b.3	iii.b.3	NOUN
taxlaw-2799	568	6	(	(	PUNCT
taxlaw-2799	568	7	concerning	concern	VERB
taxlaw-2799	568	8	revenue	revenue	NOUN
taxlaw-2799	568	9	ruling	rule	VERB
taxlaw-2799	568	10	87	87	NUM
taxlaw-2799	568	11	-	-	SYM
taxlaw-2799	568	12	43	43	NUM
taxlaw-2799	568	13	)	)	PUNCT
taxlaw-2799	568	14	.	.	PUNCT
taxlaw-2799	569	1	rev	rev	PROPN
taxlaw-2799	569	2	.	.	PUNCT
taxlaw-2799	570	1	rul	rul	PROPN
taxlaw-2799	570	2	.	.	PUNCT
taxlaw-2799	571	1	87	87	NUM
taxlaw-2799	571	2	-	-	SYM
taxlaw-2799	571	3	43	43	NUM
taxlaw-2799	571	4	,	,	PUNCT
taxlaw-2799	571	5	1987	1987	NUM
taxlaw-2799	571	6	-	-	SYM
taxlaw-2799	571	7	1	1	NUM
taxlaw-2799	571	8	c.b	c.b	PROPN
taxlaw-2799	571	9	.	.	PROPN
taxlaw-2799	571	10	252	252	NUM
taxlaw-2799	571	11	.	.	PUNCT
taxlaw-2799	572	1	the	the	DET
taxlaw-2799	572	2	analysis	analysis	NOUN
taxlaw-2799	572	3	may	may	AUX
taxlaw-2799	572	4	be	be	AUX
taxlaw-2799	572	5	different	different	ADJ
taxlaw-2799	572	6	for	for	ADP
taxlaw-2799	572	7	pre	pre	ADJ
taxlaw-2799	572	8	-	-	ADJ
taxlaw-2799	572	9	existing	existing	ADJ
taxlaw-2799	572	10	swaps	swap	NOUN
taxlaw-2799	572	11	.	.	PUNCT
taxlaw-2799	573	1	if	if	SCONJ
taxlaw-2799	573	2	pre	pre	ADJ
taxlaw-2799	573	3	-	-	ADJ
taxlaw-2799	573	4	existing	existing	ADJ
taxlaw-2799	573	5	swaps	swap	NOUN
taxlaw-2799	573	6	were	be	AUX
taxlaw-2799	573	7	submitted	submit	VERB
taxlaw-2799	573	8	for	for	ADP
taxlaw-2799	573	9	clearing	clearing	NOUN
taxlaw-2799	573	10	,	,	PUNCT
taxlaw-2799	573	11	one	one	PRON
taxlaw-2799	573	12	would	would	AUX
taxlaw-2799	573	13	have	have	VERB
taxlaw-2799	573	14	to	to	PART
taxlaw-2799	573	15	consider	consider	VERB
taxlaw-2799	573	16	whether	whether	SCONJ
taxlaw-2799	573	17	treas	trea	NOUN
taxlaw-2799	573	18	.	.	PUNCT
taxlaw-2799	574	1	reg	reg	PROPN
taxlaw-2799	574	2	.	.	PUNCT
taxlaw-2799	575	1	§	§	PROPN
taxlaw-2799	575	2	1.1001	1.1001	NUM
taxlaw-2799	575	3	-	-	SYM
taxlaw-2799	575	4	4	4	NUM
taxlaw-2799	575	5	or	or	CCONJ
taxlaw-2799	575	6	some	some	DET
taxlaw-2799	575	7	other	other	ADJ
taxlaw-2799	575	8	basis	basis	NOUN
taxlaw-2799	575	9	for	for	ADP
taxlaw-2799	575	10	non	non	ADJ
taxlaw-2799	575	11	-	-	ADJ
taxlaw-2799	575	12	recognition	recognition	ADJ
taxlaw-2799	575	13	treatment	treatment	NOUN
taxlaw-2799	575	14	applies	apply	VERB
taxlaw-2799	575	15	.	.	PUNCT
taxlaw-2799	576	1	the	the	DET
taxlaw-2799	576	2	regulation	regulation	NOUN
taxlaw-2799	576	3	treats	treat	VERB
taxlaw-2799	576	4	an	an	DET
taxlaw-2799	576	5	assignment	assignment	NOUN
taxlaw-2799	576	6	as	as	ADP
taxlaw-2799	576	7	a	a	DET
taxlaw-2799	576	8	non	non	NOUN
taxlaw-2799	576	9	-	-	NOUN
taxlaw-2799	576	10	event	event	NOUN
taxlaw-2799	576	11	for	for	ADP
taxlaw-2799	576	12	the	the	DET
taxlaw-2799	576	13	non	non	ADJ
taxlaw-2799	576	14	-	-	ADJ
taxlaw-2799	576	15	assigning	assigning	ADJ
taxlaw-2799	576	16	party	party	NOUN
taxlaw-2799	576	17	if	if	SCONJ
taxlaw-2799	576	18	the	the	DET
taxlaw-2799	576	19	assignment	assignment	NOUN
taxlaw-2799	576	20	(	(	PUNCT
taxlaw-2799	576	21	i	i	NOUN
taxlaw-2799	576	22	)	)	PUNCT
taxlaw-2799	576	23	is	be	AUX
taxlaw-2799	576	24	from	from	ADP
taxlaw-2799	576	25	one	one	NUM
taxlaw-2799	576	26	swap	swap	NOUN
taxlaw-2799	576	27	dealer	dealer	NOUN
taxlaw-2799	576	28	to	to	ADP
taxlaw-2799	576	29	another	another	PRON
taxlaw-2799	576	30	and	and	CCONJ
taxlaw-2799	576	31	(	(	PUNCT
taxlaw-2799	576	32	ii	ii	NOUN
taxlaw-2799	576	33	)	)	PUNCT
taxlaw-2799	576	34	is	be	AUX
taxlaw-2799	576	35	permitted	permit	VERB
taxlaw-2799	576	36	by	by	ADP
taxlaw-2799	576	37	the	the	DET
taxlaw-2799	576	38	terms	term	NOUN
taxlaw-2799	576	39	of	of	ADP
taxlaw-2799	576	40	the	the	DET
taxlaw-2799	576	41	contract	contract	NOUN
taxlaw-2799	576	42	.	.	PUNCT
taxlaw-2799	577	1	it	it	PRON
taxlaw-2799	577	2	is	be	AUX
taxlaw-2799	577	3	an	an	DET
taxlaw-2799	577	4	interesting	interesting	ADJ
taxlaw-2799	577	5	question	question	NOUN
taxlaw-2799	577	6	whether	whether	SCONJ
taxlaw-2799	577	7	a	a	DET
taxlaw-2799	577	8	clearinghouse	clearinghouse	NOUN
taxlaw-2799	577	9	could	could	AUX
taxlaw-2799	577	10	be	be	AUX
taxlaw-2799	577	11	considered	consider	VERB
taxlaw-2799	577	12	a	a	DET
taxlaw-2799	577	13	dealer	dealer	NOUN
taxlaw-2799	577	14	for	for	ADP
taxlaw-2799	577	15	this	this	DET
taxlaw-2799	577	16	purpose	purpose	NOUN
taxlaw-2799	577	17	.	.	PUNCT
taxlaw-2799	578	1	typically	typically	ADV
taxlaw-2799	578	2	,	,	PUNCT
taxlaw-2799	578	3	they	they	PRON
taxlaw-2799	578	4	would	would	AUX
taxlaw-2799	578	5	not	not	PART
taxlaw-2799	578	6	be	be	AUX
taxlaw-2799	578	7	,	,	PUNCT
taxlaw-2799	578	8	but	but	CCONJ
taxlaw-2799	578	9	in	in	ADP
taxlaw-2799	578	10	other	other	ADJ
taxlaw-2799	578	11	contexts	context	NOUN
taxlaw-2799	578	12	novation	novation	NOUN
taxlaw-2799	578	13	to	to	ADP
taxlaw-2799	578	14	a	a	DET
taxlaw-2799	578	15	clearinghouse	clearinghouse	NOUN
taxlaw-2799	578	16	has	have	AUX
taxlaw-2799	578	17	been	be	AUX
taxlaw-2799	578	18	essentially	essentially	ADV
taxlaw-2799	578	19	disregarded	disregard	VERB
taxlaw-2799	578	20	for	for	ADP
taxlaw-2799	578	21	u.s	u.s	PROPN
taxlaw-2799	578	22	.	.	PROPN
taxlaw-2799	578	23	federal	federal	ADJ
taxlaw-2799	578	24	income	income	NOUN
taxlaw-2799	578	25	tax	tax	NOUN
taxlaw-2799	578	26	purposes	purpose	NOUN
taxlaw-2799	578	27	so	so	SCONJ
taxlaw-2799	578	28	that	that	SCONJ
taxlaw-2799	578	29	no	no	DET
taxlaw-2799	578	30	consideration	consideration	NOUN
taxlaw-2799	578	31	has	have	AUX
taxlaw-2799	578	32	been	be	AUX
taxlaw-2799	578	33	given	give	VERB
taxlaw-2799	578	34	to	to	ADP
taxlaw-2799	578	35	that	that	DET
taxlaw-2799	578	36	issue	issue	NOUN
taxlaw-2799	578	37	.	.	PUNCT
taxlaw-2799	579	1	in	in	ADP
taxlaw-2799	579	2	this	this	DET
taxlaw-2799	579	3	context	context	NOUN
taxlaw-2799	579	4	one	one	PRON
taxlaw-2799	579	5	might	might	AUX
taxlaw-2799	579	6	perhaps	perhaps	ADV
taxlaw-2799	579	7	argue	argue	VERB
taxlaw-2799	579	8	that	that	SCONJ
taxlaw-2799	579	9	a	a	DET
taxlaw-2799	579	10	clearinghouse	clearinghouse	NOUN
taxlaw-2799	579	11	serves	serve	VERB
taxlaw-2799	579	12	a	a	DET
taxlaw-2799	579	13	function	function	NOUN
taxlaw-2799	579	14	sufficiently	sufficiently	ADV
taxlaw-2799	579	15	similar	similar	ADJ
taxlaw-2799	579	16	to	to	ADP
taxlaw-2799	579	17	that	that	PRON
taxlaw-2799	579	18	of	of	ADP
taxlaw-2799	579	19	a	a	DET
taxlaw-2799	579	20	dealer	dealer	NOUN
taxlaw-2799	579	21	to	to	PART
taxlaw-2799	579	22	be	be	AUX
taxlaw-2799	579	23	treated	treat	VERB
taxlaw-2799	579	24	as	as	ADP
taxlaw-2799	579	25	such	such	ADJ
taxlaw-2799	579	26	for	for	ADP
taxlaw-2799	579	27	purposes	purpose	NOUN
taxlaw-2799	579	28	of	of	ADP
taxlaw-2799	579	29	this	this	DET
taxlaw-2799	579	30	rule	rule	NOUN
taxlaw-2799	579	31	.	.	PUNCT
taxlaw-2799	580	1	28	28	NUM
taxlaw-2799	580	2	columbia	columbia	PROPN
taxlaw-2799	580	3	jour	jour	PROPN
taxlaw-2799	580	4	al	al	PROPN
taxlaw-2799	580	5	of	of	ADP
taxlaw-2799	580	6	tax	tax	NOUN
taxlaw-2799	580	7	law	law	NOUN
taxlaw-2799	580	8	[	[	X
taxlaw-2799	580	9	vol	vol	NOUN
taxlaw-2799	580	10	.	.	PUNCT
taxlaw-2799	580	11	2:1	2:1	NUM
taxlaw-2799	580	12	clearinghouse	clearinghouse	PROPN
taxlaw-2799	580	13	to	to	ADP
taxlaw-2799	580	14	net	net	NOUN
taxlaw-2799	580	15	out	out	ADP
taxlaw-2799	580	16	each	each	DET
taxlaw-2799	580	17	party	party	NOUN
taxlaw-2799	580	18	’s	’s	PART
taxlaw-2799	580	19	overall	overall	ADJ
taxlaw-2799	580	20	exposure	exposure	NOUN
taxlaw-2799	580	21	to	to	ADP
taxlaw-2799	580	22	cds	cd	NOUN
taxlaw-2799	580	23	,	,	PUNCT
taxlaw-2799	580	24	resulting	result	VERB
taxlaw-2799	580	25	in	in	ADP
taxlaw-2799	580	26	a	a	DET
taxlaw-2799	580	27	single	single	ADJ
taxlaw-2799	580	28	net	net	ADJ
taxlaw-2799	580	29	position	position	NOUN
taxlaw-2799	580	30	with	with	ADP
taxlaw-2799	580	31	respect	respect	NOUN
taxlaw-2799	580	32	to	to	ADP
taxlaw-2799	580	33	any	any	DET
taxlaw-2799	580	34	particular	particular	ADJ
taxlaw-2799	580	35	cds	cd	NOUN
taxlaw-2799	580	36	(	(	PUNCT
taxlaw-2799	580	37	e.g.	e.g.	ADV
taxlaw-2799	580	38	,	,	PUNCT
taxlaw-2799	580	39	a	a	DET
taxlaw-2799	580	40	cds	cd	NOUN
taxlaw-2799	580	41	on	on	ADP
taxlaw-2799	580	42	a	a	DET
taxlaw-2799	580	43	specified	specify	VERB
taxlaw-2799	580	44	reference	reference	NOUN
taxlaw-2799	580	45	entity	entity	NOUN
taxlaw-2799	580	46	or	or	CCONJ
taxlaw-2799	580	47	a	a	DET
taxlaw-2799	580	48	specified	specified	ADJ
taxlaw-2799	580	49	series	series	NOUN
taxlaw-2799	580	50	of	of	ADP
taxlaw-2799	580	51	an	an	DET
taxlaw-2799	580	52	index	index	NOUN
taxlaw-2799	580	53	with	with	ADP
taxlaw-2799	580	54	a	a	DET
taxlaw-2799	580	55	specified	specified	ADJ
taxlaw-2799	580	56	maturity	maturity	NOUN
taxlaw-2799	580	57	)	)	PUNCT
taxlaw-2799	580	58	.	.	PUNCT
taxlaw-2799	581	1	in	in	ADP
taxlaw-2799	581	2	exchange	exchange	NOUN
taxlaw-2799	581	3	for	for	ADP
taxlaw-2799	581	4	using	use	VERB
taxlaw-2799	581	5	the	the	DET
taxlaw-2799	581	6	clearinghouse	clearinghouse	NOUN
taxlaw-2799	581	7	’s	’s	PART
taxlaw-2799	581	8	services	service	NOUN
taxlaw-2799	581	9	in	in	ADP
taxlaw-2799	581	10	this	this	DET
taxlaw-2799	581	11	way	way	NOUN
taxlaw-2799	581	12	,	,	PUNCT
taxlaw-2799	581	13	each	each	DET
taxlaw-2799	581	14	party	party	NOUN
taxlaw-2799	581	15	must	must	AUX
taxlaw-2799	581	16	provide	provide	VERB
taxlaw-2799	581	17	collateral	collateral	NOUN
taxlaw-2799	581	18	and	and	CCONJ
taxlaw-2799	581	19	adjust	adjust	VERB
taxlaw-2799	581	20	the	the	DET
taxlaw-2799	581	21	amount	amount	NOUN
taxlaw-2799	581	22	of	of	ADP
taxlaw-2799	581	23	that	that	DET
taxlaw-2799	581	24	collateral	collateral	NOUN
taxlaw-2799	581	25	on	on	ADP
taxlaw-2799	581	26	a	a	DET
taxlaw-2799	581	27	daily	daily	ADJ
taxlaw-2799	581	28	basis	basis	NOUN
taxlaw-2799	581	29	to	to	PART
taxlaw-2799	581	30	reflect	reflect	VERB
taxlaw-2799	581	31	the	the	DET
taxlaw-2799	581	32	party	party	NOUN
taxlaw-2799	581	33	’s	’s	PART
taxlaw-2799	581	34	net	net	ADJ
taxlaw-2799	581	35	exposure	exposure	NOUN
taxlaw-2799	581	36	.	.	PUNCT
taxlaw-2799	582	1	there	there	PRON
taxlaw-2799	582	2	is	be	VERB
taxlaw-2799	582	3	,	,	PUNCT
taxlaw-2799	582	4	however	however	ADV
taxlaw-2799	582	5	,	,	PUNCT
taxlaw-2799	582	6	at	at	ADP
taxlaw-2799	582	7	least	least	ADJ
taxlaw-2799	582	8	one	one	NUM
taxlaw-2799	582	9	significant	significant	ADJ
taxlaw-2799	582	10	economic	economic	ADJ
taxlaw-2799	582	11	difference	difference	NOUN
taxlaw-2799	582	12	between	between	ADP
taxlaw-2799	582	13	clearing	clear	VERB
taxlaw-2799	582	14	cds	cd	NOUN
taxlaw-2799	582	15	and	and	CCONJ
taxlaw-2799	582	16	clearing	clear	VERB
taxlaw-2799	582	17	futures	future	NOUN
taxlaw-2799	582	18	contracts	contract	NOUN
taxlaw-2799	582	19	.	.	PUNCT
taxlaw-2799	583	1	futures	future	NOUN
taxlaw-2799	583	2	contracts	contract	NOUN
taxlaw-2799	583	3	provide	provide	VERB
taxlaw-2799	583	4	for	for	ADP
taxlaw-2799	583	5	only	only	ADV
taxlaw-2799	583	6	a	a	DET
taxlaw-2799	583	7	single	single	ADJ
taxlaw-2799	583	8	payment	payment	NOUN
taxlaw-2799	583	9	at	at	ADP
taxlaw-2799	583	10	maturity	maturity	NOUN
taxlaw-2799	583	11	,	,	PUNCT
taxlaw-2799	583	12	so	so	CCONJ
taxlaw-2799	583	13	the	the	DET
taxlaw-2799	583	14	payment	payment	NOUN
taxlaw-2799	583	15	made	make	VERB
taxlaw-2799	583	16	or	or	CCONJ
taxlaw-2799	583	17	received	receive	VERB
taxlaw-2799	583	18	when	when	SCONJ
taxlaw-2799	583	19	entering	enter	VERB
taxlaw-2799	583	20	into	into	ADP
taxlaw-2799	583	21	a	a	DET
taxlaw-2799	583	22	futures	future	NOUN
taxlaw-2799	583	23	contract	contract	NOUN
taxlaw-2799	583	24	reflects	reflect	VERB
taxlaw-2799	583	25	simply	simply	ADV
taxlaw-2799	583	26	the	the	DET
taxlaw-2799	583	27	difference	difference	NOUN
taxlaw-2799	583	28	between	between	ADP
taxlaw-2799	583	29	the	the	DET
taxlaw-2799	583	30	price	price	NOUN
taxlaw-2799	583	31	specified	specify	VERB
taxlaw-2799	583	32	in	in	ADP
taxlaw-2799	583	33	the	the	DET
taxlaw-2799	583	34	futures	future	NOUN
taxlaw-2799	583	35	contract	contract	NOUN
taxlaw-2799	583	36	and	and	CCONJ
taxlaw-2799	583	37	the	the	DET
taxlaw-2799	583	38	market	market	NOUN
taxlaw-2799	583	39	price	price	NOUN
taxlaw-2799	583	40	at	at	ADP
taxlaw-2799	583	41	that	that	DET
taxlaw-2799	583	42	time	time	NOUN
taxlaw-2799	583	43	.	.	PUNCT
taxlaw-2799	584	1	cds	cd	NOUN
taxlaw-2799	584	2	and	and	CCONJ
taxlaw-2799	584	3	other	other	ADJ
taxlaw-2799	584	4	swaps	swap	NOUN
taxlaw-2799	584	5	,	,	PUNCT
taxlaw-2799	584	6	by	by	ADP
taxlaw-2799	584	7	contrast	contrast	NOUN
taxlaw-2799	584	8	,	,	PUNCT
taxlaw-2799	584	9	provide	provide	VERB
taxlaw-2799	584	10	for	for	ADP
taxlaw-2799	584	11	periodic	periodic	ADJ
taxlaw-2799	584	12	payments	payment	NOUN
taxlaw-2799	584	13	.	.	PUNCT
taxlaw-2799	585	1	also	also	ADV
taxlaw-2799	585	2	,	,	PUNCT
taxlaw-2799	585	3	cds	cd	NOUN
taxlaw-2799	585	4	generally	generally	ADV
taxlaw-2799	585	5	are	be	AUX
taxlaw-2799	585	6	,	,	PUNCT
taxlaw-2799	585	7	and	and	CCONJ
taxlaw-2799	585	8	other	other	ADJ
taxlaw-2799	585	9	swaps	swap	NOUN
taxlaw-2799	585	10	may	may	AUX
taxlaw-2799	585	11	well	well	ADV
taxlaw-2799	585	12	be	be	AUX
taxlaw-2799	585	13	,	,	PUNCT
taxlaw-2799	585	14	entered	enter	VERB
taxlaw-2799	585	15	into	into	ADP
taxlaw-2799	585	16	with	with	ADP
taxlaw-2799	585	17	an	an	DET
taxlaw-2799	585	18	upfront	upfront	ADJ
taxlaw-2799	585	19	payment	payment	NOUN
taxlaw-2799	585	20	,	,	PUNCT
taxlaw-2799	585	21	or	or	CCONJ
taxlaw-2799	585	22	are	be	AUX
taxlaw-2799	585	23	deemed	deem	VERB
taxlaw-2799	585	24	to	to	PART
taxlaw-2799	585	25	do	do	VERB
taxlaw-2799	585	26	so	so	ADV
taxlaw-2799	585	27	for	for	ADP
taxlaw-2799	585	28	tax	tax	NOUN
taxlaw-2799	585	29	purposes	purpose	NOUN
taxlaw-2799	585	30	.	.	PUNCT
taxlaw-2799	586	1	upfront	upfront	ADJ
taxlaw-2799	586	2	payments	payment	NOUN
taxlaw-2799	586	3	on	on	ADP
taxlaw-2799	586	4	cleared	clear	VERB
taxlaw-2799	586	5	swaps	swap	NOUN
taxlaw-2799	586	6	are	be	AUX
taxlaw-2799	586	7	described	describe	VERB
taxlaw-2799	586	8	in	in	ADP
taxlaw-2799	586	9	more	more	ADJ
taxlaw-2799	586	10	detail	detail	NOUN
taxlaw-2799	586	11	in	in	ADP
taxlaw-2799	586	12	section	section	NOUN
taxlaw-2799	586	13	ii.c	ii.c	NOUN
taxlaw-2799	586	14	,	,	PUNCT
taxlaw-2799	586	15	below	below	ADV
taxlaw-2799	586	16	.	.	PUNCT
taxlaw-2799	587	1	one	one	NUM
taxlaw-2799	587	2	last	last	ADJ
taxlaw-2799	587	3	point	point	NOUN
taxlaw-2799	587	4	worth	worth	ADJ
taxlaw-2799	587	5	understanding	understanding	NOUN
taxlaw-2799	587	6	is	be	AUX
taxlaw-2799	587	7	that	that	SCONJ
taxlaw-2799	587	8	in	in	ADP
taxlaw-2799	587	9	the	the	DET
taxlaw-2799	587	10	case	case	NOUN
taxlaw-2799	587	11	of	of	ADP
taxlaw-2799	587	12	cds	cds	PROPN
taxlaw-2799	587	13	clearing	clearing	NOUN
taxlaw-2799	587	14	,	,	PUNCT
taxlaw-2799	587	15	both	both	DET
taxlaw-2799	587	16	dealers	dealer	NOUN
taxlaw-2799	587	17	and	and	CCONJ
taxlaw-2799	587	18	certain	certain	ADJ
taxlaw-2799	587	19	other	other	ADJ
taxlaw-2799	587	20	major	major	ADJ
taxlaw-2799	587	21	participants	participant	NOUN
taxlaw-2799	587	22	in	in	ADP
taxlaw-2799	587	23	the	the	DET
taxlaw-2799	587	24	cds	cd	NOUN
taxlaw-2799	587	25	market	market	NOUN
taxlaw-2799	587	26	benefit	benefit	NOUN
taxlaw-2799	587	27	from	from	ADP
taxlaw-2799	587	28	the	the	DET
taxlaw-2799	587	29	credit	credit	NOUN
taxlaw-2799	587	30	support	support	NOUN
taxlaw-2799	587	31	of	of	ADP
taxlaw-2799	587	32	the	the	DET
taxlaw-2799	587	33	clearinghouse	clearinghouse	NOUN
taxlaw-2799	587	34	.	.	PUNCT
taxlaw-2799	588	1	those	those	DET
taxlaw-2799	588	2	arrangements	arrangement	NOUN
taxlaw-2799	588	3	are	be	AUX
taxlaw-2799	588	4	intended	intend	VERB
taxlaw-2799	588	5	to	to	PART
taxlaw-2799	588	6	provide	provide	VERB
taxlaw-2799	588	7	assurance	assurance	NOUN
taxlaw-2799	588	8	that	that	SCONJ
taxlaw-2799	588	9	if	if	SCONJ
taxlaw-2799	588	10	a	a	DET
taxlaw-2799	588	11	clearing	clearing	NOUN
taxlaw-2799	588	12	member	member	NOUN
taxlaw-2799	588	13	fails	fail	VERB
taxlaw-2799	588	14	,	,	PUNCT
taxlaw-2799	588	15	a	a	DET
taxlaw-2799	588	16	customer	customer	NOUN
taxlaw-2799	588	17	’s	’s	PART
taxlaw-2799	588	18	cds	cd	NOUN
taxlaw-2799	588	19	positions	position	NOUN
taxlaw-2799	588	20	will	will	AUX
taxlaw-2799	588	21	be	be	AUX
taxlaw-2799	588	22	transferred	transfer	VERB
taxlaw-2799	588	23	to	to	ADP
taxlaw-2799	588	24	another	another	DET
taxlaw-2799	588	25	clearing	clearing	NOUN
taxlaw-2799	588	26	member	member	NOUN
taxlaw-2799	588	27	and	and	CCONJ
taxlaw-2799	588	28	the	the	DET
taxlaw-2799	588	29	customer	customer	NOUN
taxlaw-2799	588	30	’s	’s	PART
taxlaw-2799	588	31	margin	margin	NOUN
taxlaw-2799	588	32	will	will	AUX
taxlaw-2799	588	33	be	be	AUX
taxlaw-2799	588	34	available	available	ADJ
taxlaw-2799	588	35	to	to	PART
taxlaw-2799	588	36	transfer	transfer	VERB
taxlaw-2799	588	37	together	together	ADV
taxlaw-2799	588	38	with	with	ADP
taxlaw-2799	588	39	the	the	DET
taxlaw-2799	588	40	customer	customer	NOUN
taxlaw-2799	588	41	’s	’s	PART
taxlaw-2799	588	42	cds	cd	NOUN
taxlaw-2799	588	43	positions	position	NOUN
taxlaw-2799	588	44	.	.	PUNCT
taxlaw-2799	589	1	the	the	DET
taxlaw-2799	589	2	mechanics	mechanic	NOUN
taxlaw-2799	589	3	of	of	ADP
taxlaw-2799	589	4	these	these	DET
taxlaw-2799	589	5	arrangements	arrangement	NOUN
taxlaw-2799	589	6	differ	differ	VERB
taxlaw-2799	589	7	from	from	ADP
taxlaw-2799	589	8	clearinghouse	clearinghouse	NOUN
taxlaw-2799	589	9	to	to	ADP
taxlaw-2799	589	10	clearinghouse.45	clearinghouse.45	PROPN
taxlaw-2799	589	11	as	as	SCONJ
taxlaw-2799	589	12	mentioned	mention	VERB
taxlaw-2799	589	13	above	above	ADV
taxlaw-2799	589	14	,	,	PUNCT
taxlaw-2799	589	15	there	there	PRON
taxlaw-2799	589	16	are	be	VERB
taxlaw-2799	589	17	currently	currently	ADV
taxlaw-2799	589	18	two	two	NUM
taxlaw-2799	589	19	u.s	u.s	PROPN
taxlaw-2799	589	20	.	.	PROPN
taxlaw-2799	589	21	clearinghouses	clearinghouse	NOUN
taxlaw-2799	589	22	clearing	clear	VERB
taxlaw-2799	589	23	cds	cd	NOUN
taxlaw-2799	589	24	,	,	PUNCT
taxlaw-2799	589	25	ice	ice	NOUN
taxlaw-2799	589	26	trust	trust	PROPN
taxlaw-2799	589	27	u.s	u.s	PROPN
taxlaw-2799	589	28	.	.	PROPN
taxlaw-2799	589	29	and	and	CCONJ
taxlaw-2799	589	30	the	the	DET
taxlaw-2799	589	31	chicago	chicago	PROPN
taxlaw-2799	589	32	mercantile	mercantile	PROPN
taxlaw-2799	589	33	exchange	exchange	PROPN
taxlaw-2799	589	34	(	(	PUNCT
taxlaw-2799	589	35	“	"	PUNCT
taxlaw-2799	589	36	cme	cme	PROPN
taxlaw-2799	589	37	”	"	PUNCT
taxlaw-2799	589	38	)	)	PUNCT
taxlaw-2799	589	39	,	,	PUNCT
taxlaw-2799	589	40	in	in	ADP
taxlaw-2799	589	41	addition	addition	NOUN
taxlaw-2799	589	42	to	to	ADP
taxlaw-2799	589	43	ice	ice	NOUN
taxlaw-2799	589	44	clear	clear	ADJ
taxlaw-2799	589	45	europe	europe	PROPN
taxlaw-2799	589	46	,	,	PUNCT
taxlaw-2799	589	47	eurex	eurex	ADJ
taxlaw-2799	589	48	,	,	PUNCT
taxlaw-2799	589	49	and	and	CCONJ
taxlaw-2799	589	50	now	now	ADV
taxlaw-2799	589	51	lch.clearnet	lch.clearnet	PROPN
taxlaw-2799	589	52	in	in	ADP
taxlaw-2799	589	53	europe	europe	PROPN
taxlaw-2799	589	54	.	.	PUNCT
taxlaw-2799	590	1	for	for	ADP
taxlaw-2799	590	2	tax	tax	NOUN
taxlaw-2799	590	3	purposes	purpose	NOUN
taxlaw-2799	590	4	,	,	PUNCT
taxlaw-2799	590	5	there	there	PRON
taxlaw-2799	590	6	are	be	VERB
taxlaw-2799	590	7	potentially	potentially	ADV
taxlaw-2799	590	8	significant	significant	ADJ
taxlaw-2799	590	9	differences	difference	NOUN
taxlaw-2799	590	10	between	between	ADP
taxlaw-2799	590	11	how	how	SCONJ
taxlaw-2799	590	12	the	the	DET
taxlaw-2799	590	13	two	two	NUM
taxlaw-2799	590	14	u.s	u.s	PROPN
taxlaw-2799	590	15	.	.	PROPN
taxlaw-2799	590	16	cds	cd	NOUN
taxlaw-2799	590	17	clearinghouses	clearinghouse	NOUN
taxlaw-2799	590	18	are	be	AUX
taxlaw-2799	590	19	organized	organize	VERB
taxlaw-2799	590	20	and	and	CCONJ
taxlaw-2799	590	21	operate	operate	VERB
taxlaw-2799	590	22	.	.	PUNCT
taxlaw-2799	591	1	other	other	ADJ
taxlaw-2799	591	2	types	type	NOUN
taxlaw-2799	591	3	of	of	ADP
taxlaw-2799	591	4	swaps	swap	NOUN
taxlaw-2799	591	5	can	can	AUX
taxlaw-2799	591	6	be	be	AUX
taxlaw-2799	591	7	expected	expect	VERB
taxlaw-2799	591	8	to	to	PART
taxlaw-2799	591	9	be	be	AUX
taxlaw-2799	591	10	cleared	clear	VERB
taxlaw-2799	591	11	through	through	ADP
taxlaw-2799	591	12	additional	additional	ADJ
taxlaw-2799	591	13	voluntary	voluntary	ADJ
taxlaw-2799	591	14	submission	submission	NOUN
taxlaw-2799	591	15	of	of	ADP
taxlaw-2799	591	16	existing	exist	VERB
taxlaw-2799	591	17	swaps	swap	NOUN
taxlaw-2799	591	18	to	to	ADP
taxlaw-2799	591	19	a	a	DET
taxlaw-2799	591	20	clearinghouse	clearinghouse	NOUN
taxlaw-2799	591	21	would	would	AUX
taxlaw-2799	591	22	not	not	PART
taxlaw-2799	591	23	,	,	PUNCT
taxlaw-2799	591	24	however	however	ADV
taxlaw-2799	591	25	,	,	PUNCT
taxlaw-2799	591	26	appear	appear	VERB
taxlaw-2799	591	27	to	to	PART
taxlaw-2799	591	28	be	be	AUX
taxlaw-2799	591	29	permitted	permit	VERB
taxlaw-2799	591	30	by	by	ADP
taxlaw-2799	591	31	the	the	DET
taxlaw-2799	591	32	terms	term	NOUN
taxlaw-2799	591	33	of	of	ADP
taxlaw-2799	591	34	a	a	DET
taxlaw-2799	591	35	standard	standard	ADJ
taxlaw-2799	591	36	isda	isda	NOUN
taxlaw-2799	591	37	,	,	PUNCT
taxlaw-2799	591	38	which	which	PRON
taxlaw-2799	591	39	require	require	VERB
taxlaw-2799	591	40	consent	consent	NOUN
taxlaw-2799	591	41	by	by	ADP
taxlaw-2799	591	42	a	a	DET
taxlaw-2799	591	43	counterparty	counterparty	NOUN
taxlaw-2799	591	44	to	to	PART
taxlaw-2799	591	45	assign	assign	VERB
taxlaw-2799	591	46	a	a	DET
taxlaw-2799	591	47	swap	swap	NOUN
taxlaw-2799	591	48	except	except	SCONJ
taxlaw-2799	591	49	in	in	ADP
taxlaw-2799	591	50	very	very	ADV
taxlaw-2799	591	51	limited	limited	ADJ
taxlaw-2799	591	52	situations	situation	NOUN
taxlaw-2799	591	53	.	.	PUNCT
taxlaw-2799	592	1	if	if	SCONJ
taxlaw-2799	592	2	the	the	DET
taxlaw-2799	592	3	economic	economic	ADJ
taxlaw-2799	592	4	terms	term	NOUN
taxlaw-2799	592	5	of	of	ADP
taxlaw-2799	592	6	the	the	DET
taxlaw-2799	592	7	swap	swap	NOUN
taxlaw-2799	592	8	were	be	AUX
taxlaw-2799	592	9	modified	modify	VERB
taxlaw-2799	592	10	in	in	ADP
taxlaw-2799	592	11	connection	connection	NOUN
taxlaw-2799	592	12	with	with	ADP
taxlaw-2799	592	13	the	the	DET
taxlaw-2799	592	14	novation	novation	NOUN
taxlaw-2799	592	15	,	,	PUNCT
taxlaw-2799	592	16	that	that	PRON
taxlaw-2799	592	17	also	also	ADV
taxlaw-2799	592	18	would	would	AUX
taxlaw-2799	592	19	pose	pose	VERB
taxlaw-2799	592	20	an	an	DET
taxlaw-2799	592	21	obstacle	obstacle	NOUN
taxlaw-2799	592	22	to	to	ADP
taxlaw-2799	592	23	tax	tax	NOUN
taxlaw-2799	592	24	-	-	PUNCT
taxlaw-2799	592	25	free	free	ADJ
taxlaw-2799	592	26	treatment	treatment	NOUN
taxlaw-2799	592	27	.	.	PUNCT
taxlaw-2799	593	1	a	a	DET
taxlaw-2799	593	2	final	final	ADJ
taxlaw-2799	593	3	concern	concern	NOUN
taxlaw-2799	593	4	might	might	AUX
taxlaw-2799	593	5	be	be	AUX
taxlaw-2799	593	6	that	that	SCONJ
taxlaw-2799	593	7	the	the	DET
taxlaw-2799	593	8	regulation	regulation	NOUN
taxlaw-2799	593	9	applies	apply	VERB
taxlaw-2799	593	10	by	by	ADP
taxlaw-2799	593	11	its	its	PRON
taxlaw-2799	593	12	terms	term	NOUN
taxlaw-2799	593	13	only	only	ADV
taxlaw-2799	593	14	to	to	ADP
taxlaw-2799	593	15	npcs	npc	NOUN
taxlaw-2799	593	16	,	,	PUNCT
taxlaw-2799	593	17	and	and	CCONJ
taxlaw-2799	593	18	so	so	ADV
taxlaw-2799	593	19	does	do	AUX
taxlaw-2799	593	20	not	not	PART
taxlaw-2799	593	21	literally	literally	ADV
taxlaw-2799	593	22	apply	apply	VERB
taxlaw-2799	593	23	to	to	ADP
taxlaw-2799	593	24	options	option	NOUN
taxlaw-2799	593	25	and	and	CCONJ
taxlaw-2799	593	26	other	other	ADJ
taxlaw-2799	593	27	types	type	NOUN
taxlaw-2799	593	28	of	of	ADP
taxlaw-2799	593	29	derivative	derivative	ADJ
taxlaw-2799	593	30	financial	financial	ADJ
taxlaw-2799	593	31	instruments	instrument	NOUN
taxlaw-2799	593	32	.	.	PUNCT
taxlaw-2799	594	1	leaving	leave	VERB
taxlaw-2799	594	2	aside	aside	ADV
taxlaw-2799	594	3	for	for	ADP
taxlaw-2799	594	4	the	the	DET
taxlaw-2799	594	5	moment	moment	NOUN
taxlaw-2799	594	6	the	the	DET
taxlaw-2799	594	7	question	question	NOUN
taxlaw-2799	594	8	of	of	ADP
taxlaw-2799	594	9	whether	whether	SCONJ
taxlaw-2799	594	10	economic	economic	ADJ
taxlaw-2799	594	11	terms	term	NOUN
taxlaw-2799	594	12	of	of	ADP
taxlaw-2799	594	13	a	a	DET
taxlaw-2799	594	14	swap	swap	NOUN
taxlaw-2799	594	15	would	would	AUX
taxlaw-2799	594	16	change	change	VERB
taxlaw-2799	594	17	when	when	SCONJ
taxlaw-2799	594	18	it	it	PRON
taxlaw-2799	594	19	is	be	AUX
taxlaw-2799	594	20	cleared	clear	VERB
taxlaw-2799	594	21	,	,	PUNCT
taxlaw-2799	594	22	a	a	DET
taxlaw-2799	594	23	more	more	ADV
taxlaw-2799	594	24	satisfying	satisfying	ADJ
taxlaw-2799	594	25	answer	answer	NOUN
taxlaw-2799	594	26	to	to	ADP
taxlaw-2799	594	27	the	the	DET
taxlaw-2799	594	28	non	non	ADJ
taxlaw-2799	594	29	-	-	ADJ
taxlaw-2799	594	30	recognition	recognition	ADJ
taxlaw-2799	594	31	question	question	NOUN
taxlaw-2799	594	32	could	could	AUX
taxlaw-2799	594	33	be	be	AUX
taxlaw-2799	594	34	to	to	PART
taxlaw-2799	594	35	conclude	conclude	VERB
taxlaw-2799	594	36	that	that	SCONJ
taxlaw-2799	594	37	the	the	DET
taxlaw-2799	594	38	clearinghouse	clearinghouse	NOUN
taxlaw-2799	594	39	is	be	AUX
taxlaw-2799	594	40	essentially	essentially	ADV
taxlaw-2799	594	41	simply	simply	ADV
taxlaw-2799	594	42	a	a	DET
taxlaw-2799	594	43	guarantor	guarantor	NOUN
taxlaw-2799	594	44	,	,	PUNCT
taxlaw-2799	594	45	and	and	CCONJ
taxlaw-2799	594	46	consequently	consequently	ADV
taxlaw-2799	594	47	that	that	SCONJ
taxlaw-2799	594	48	there	there	PRON
taxlaw-2799	594	49	has	have	AUX
taxlaw-2799	594	50	been	be	AUX
taxlaw-2799	594	51	no	no	DET
taxlaw-2799	594	52	disposition	disposition	NOUN
taxlaw-2799	594	53	of	of	ADP
taxlaw-2799	594	54	a	a	DET
taxlaw-2799	594	55	swap	swap	NOUN
taxlaw-2799	594	56	when	when	SCONJ
taxlaw-2799	594	57	it	it	PRON
taxlaw-2799	594	58	is	be	AUX
taxlaw-2799	594	59	cleared	clear	VERB
taxlaw-2799	594	60	.	.	PUNCT
taxlaw-2799	595	1	see	see	VERB
taxlaw-2799	595	2	discussion	discussion	NOUN
taxlaw-2799	595	3	infra	infra	NOUN
taxlaw-2799	595	4	note	note	VERB
taxlaw-2799	595	5	132	132	NUM
taxlaw-2799	595	6	.	.	PUNCT
taxlaw-2799	596	1	similar	similar	ADJ
taxlaw-2799	596	2	issues	issue	NOUN
taxlaw-2799	596	3	could	could	AUX
taxlaw-2799	596	4	arise	arise	VERB
taxlaw-2799	596	5	in	in	ADP
taxlaw-2799	596	6	connection	connection	NOUN
taxlaw-2799	596	7	with	with	ADP
taxlaw-2799	596	8	the	the	DET
taxlaw-2799	596	9	transfer	transfer	NOUN
taxlaw-2799	596	10	of	of	ADP
taxlaw-2799	596	11	a	a	DET
taxlaw-2799	596	12	customer	customer	NOUN
taxlaw-2799	596	13	’s	’s	PART
taxlaw-2799	596	14	positions	position	NOUN
taxlaw-2799	596	15	from	from	ADP
taxlaw-2799	596	16	one	one	NUM
taxlaw-2799	596	17	clearing	clearing	NOUN
taxlaw-2799	596	18	member	member	NOUN
taxlaw-2799	596	19	to	to	ADP
taxlaw-2799	596	20	another	another	PRON
taxlaw-2799	596	21	in	in	ADP
taxlaw-2799	596	22	the	the	DET
taxlaw-2799	596	23	event	event	NOUN
taxlaw-2799	596	24	of	of	ADP
taxlaw-2799	596	25	the	the	DET
taxlaw-2799	596	26	failure	failure	NOUN
taxlaw-2799	596	27	of	of	ADP
taxlaw-2799	596	28	the	the	DET
taxlaw-2799	596	29	original	original	ADJ
taxlaw-2799	596	30	clearing	clearing	NOUN
taxlaw-2799	596	31	member	member	NOUN
taxlaw-2799	596	32	.	.	PUNCT
taxlaw-2799	597	1	one	one	PRON
taxlaw-2799	597	2	would	would	AUX
taxlaw-2799	597	3	have	have	VERB
taxlaw-2799	597	4	to	to	PART
taxlaw-2799	597	5	consider	consider	VERB
taxlaw-2799	597	6	in	in	ADP
taxlaw-2799	597	7	that	that	DET
taxlaw-2799	597	8	regard	regard	NOUN
taxlaw-2799	597	9	whether	whether	SCONJ
taxlaw-2799	597	10	the	the	DET
taxlaw-2799	597	11	cme	cme	NOUN
taxlaw-2799	597	12	-	-	PUNCT
taxlaw-2799	597	13	type	type	NOUN
taxlaw-2799	597	14	agency	agency	NOUN
taxlaw-2799	597	15	model	model	NOUN
taxlaw-2799	597	16	for	for	ADP
taxlaw-2799	597	17	clearing	clear	VERB
taxlaw-2799	597	18	customer	customer	NOUN
taxlaw-2799	597	19	trades	trade	NOUN
taxlaw-2799	597	20	would	would	AUX
taxlaw-2799	597	21	be	be	AUX
taxlaw-2799	597	22	less	less	ADV
taxlaw-2799	597	23	likely	likely	ADJ
taxlaw-2799	597	24	to	to	PART
taxlaw-2799	597	25	give	give	VERB
taxlaw-2799	597	26	rise	rise	NOUN
taxlaw-2799	597	27	to	to	ADP
taxlaw-2799	597	28	a	a	DET
taxlaw-2799	597	29	taxable	taxable	ADJ
taxlaw-2799	597	30	disposition	disposition	NOUN
taxlaw-2799	597	31	than	than	ADP
taxlaw-2799	597	32	the	the	DET
taxlaw-2799	597	33	ice	ice	NOUN
taxlaw-2799	597	34	trust	trust	NOUN
taxlaw-2799	597	35	-	-	PUNCT
taxlaw-2799	597	36	type	type	NOUN
taxlaw-2799	597	37	principal	principal	ADJ
taxlaw-2799	597	38	model	model	NOUN
taxlaw-2799	597	39	.	.	PUNCT
taxlaw-2799	598	1	see	see	VERB
taxlaw-2799	598	2	the	the	DET
taxlaw-2799	598	3	text	text	NOUN
taxlaw-2799	598	4	below	below	ADP
taxlaw-2799	598	5	for	for	ADP
taxlaw-2799	598	6	discussion	discussion	NOUN
taxlaw-2799	598	7	of	of	ADP
taxlaw-2799	598	8	these	these	DET
taxlaw-2799	598	9	two	two	NUM
taxlaw-2799	598	10	regimes	regime	NOUN
taxlaw-2799	598	11	.	.	PUNCT
taxlaw-2799	599	1	45	45	NUM
taxlaw-2799	599	2	for	for	ADP
taxlaw-2799	599	3	extensive	extensive	ADJ
taxlaw-2799	599	4	discussion	discussion	NOUN
taxlaw-2799	599	5	of	of	ADP
taxlaw-2799	599	6	proposals	proposal	NOUN
taxlaw-2799	599	7	made	make	VERB
taxlaw-2799	599	8	by	by	ADP
taxlaw-2799	599	9	u.s	u.s	PROPN
taxlaw-2799	599	10	.	.	PROPN
taxlaw-2799	599	11	and	and	CCONJ
taxlaw-2799	599	12	european	european	ADJ
taxlaw-2799	599	13	central	central	ADJ
taxlaw-2799	599	14	clearinghouses	clearinghouse	NOUN
taxlaw-2799	599	15	for	for	ADP
taxlaw-2799	599	16	protecting	protect	VERB
taxlaw-2799	599	17	cds	cd	NOUN
taxlaw-2799	599	18	customers	customer	NOUN
taxlaw-2799	599	19	in	in	ADP
taxlaw-2799	599	20	the	the	DET
taxlaw-2799	599	21	event	event	NOUN
taxlaw-2799	599	22	that	that	SCONJ
taxlaw-2799	599	23	a	a	DET
taxlaw-2799	599	24	clearing	clearing	NOUN
taxlaw-2799	599	25	member	member	NOUN
taxlaw-2799	599	26	fails	fail	VERB
taxlaw-2799	599	27	,	,	PUNCT
taxlaw-2799	599	28	see	see	VERB
taxlaw-2799	599	29	isda	isda	NOUN
taxlaw-2799	599	30	,	,	PUNCT
taxlaw-2799	599	31	report	report	NOUN
taxlaw-2799	599	32	to	to	ADP
taxlaw-2799	599	33	the	the	DET
taxlaw-2799	599	34	supervisors	supervisor	NOUN
taxlaw-2799	599	35	of	of	ADP
taxlaw-2799	599	36	the	the	DET
taxlaw-2799	599	37	major	major	ADJ
taxlaw-2799	599	38	otc	otc	PROPN
taxlaw-2799	599	39	derivatives	derivative	NOUN
taxlaw-2799	599	40	dealers	dealer	NOUN
taxlaw-2799	599	41	on	on	ADP
taxlaw-2799	599	42	the	the	DET
taxlaw-2799	599	43	proposals	proposal	NOUN
taxlaw-2799	599	44	of	of	ADP
taxlaw-2799	599	45	centralized	centralized	ADJ
taxlaw-2799	599	46	cds	cd	NOUN
taxlaw-2799	599	47	clearing	clearing	NOUN
taxlaw-2799	599	48	solutions	solution	NOUN
taxlaw-2799	599	49	for	for	ADP
taxlaw-2799	599	50	the	the	DET
taxlaw-2799	599	51	segregation	segregation	NOUN
taxlaw-2799	599	52	and	and	CCONJ
taxlaw-2799	599	53	portability	portability	NOUN
taxlaw-2799	599	54	of	of	ADP
taxlaw-2799	599	55	customer	customer	NOUN
taxlaw-2799	599	56	cds	cd	NOUN
taxlaw-2799	599	57	positions	position	NOUN
taxlaw-2799	599	58	and	and	CCONJ
taxlaw-2799	599	59	related	related	ADJ
taxlaw-2799	599	60	margin	margin	NOUN
taxlaw-2799	599	61	,	,	PUNCT
taxlaw-2799	599	62	http://www.isda.org/credit/docs/full-report.pdf	http://www.isda.org/credit/docs/full-report.pdf	PROPN
taxlaw-2799	599	63	(	(	PUNCT
taxlaw-2799	599	64	last	last	ADV
taxlaw-2799	599	65	visited	visit	VERB
taxlaw-2799	599	66	dec	dec	PROPN
taxlaw-2799	599	67	.	.	PROPN
taxlaw-2799	599	68	30	30	NUM
taxlaw-2799	599	69	,	,	PUNCT
taxlaw-2799	599	70	2010	2010	NUM
taxlaw-2799	599	71	)	)	PUNCT
taxlaw-2799	600	1	[	[	X
taxlaw-2799	600	2	hereinafter	hereinafter	VERB
taxlaw-2799	600	3	the	the	DET
taxlaw-2799	600	4	buy	buy	NOUN
taxlaw-2799	600	5	-	-	PUNCT
taxlaw-2799	600	6	side	side	NOUN
taxlaw-2799	600	7	report	report	NOUN
taxlaw-2799	600	8	]	]	PUNCT
taxlaw-2799	600	9	.	.	PUNCT
taxlaw-2799	601	1	these	these	DET
taxlaw-2799	601	2	arrangements	arrangement	NOUN
taxlaw-2799	601	3	are	be	AUX
taxlaw-2799	601	4	briefly	briefly	ADV
taxlaw-2799	601	5	described	describe	VERB
taxlaw-2799	601	6	supra	supra	PROPN
taxlaw-2799	601	7	note	note	PROPN
taxlaw-2799	601	8	43	43	NUM
taxlaw-2799	601	9	.	.	PUNCT
taxlaw-2799	602	1	2011	2011	NUM
taxlaw-2799	602	2	]	]	PUNCT
taxlaw-2799	603	1	ew	ew	NOUN
taxlaw-2799	603	2	tax	tax	NOUN
taxlaw-2799	603	3	issues	issue	NOUN
taxlaw-2799	603	4	arisi	arisi	VERB
taxlaw-2799	603	5	g	g	PROPN
taxlaw-2799	603	6	from	from	ADP
taxlaw-2799	603	7	the	the	DET
taxlaw-2799	603	8	dodd	dodd	NOUN
taxlaw-2799	603	9	-	-	PUNCT
taxlaw-2799	603	10	fra	fra	PROPN
taxlaw-2799	603	11	k	k	PROPN
taxlaw-2799	603	12	act	act	PROPN
taxlaw-2799	603	13	29	29	NUM
taxlaw-2799	603	14	clearinghouses	clearinghouse	NOUN
taxlaw-2799	603	15	,	,	PUNCT
taxlaw-2799	603	16	which	which	PRON
taxlaw-2799	603	17	may	may	AUX
taxlaw-2799	603	18	also	also	ADV
taxlaw-2799	603	19	have	have	VERB
taxlaw-2799	603	20	different	different	ADJ
taxlaw-2799	603	21	legal	legal	ADJ
taxlaw-2799	603	22	and	and	CCONJ
taxlaw-2799	603	23	functional	functional	ADJ
taxlaw-2799	603	24	structures	structure	NOUN
taxlaw-2799	603	25	.	.	PUNCT
taxlaw-2799	604	1	(	(	PUNCT
taxlaw-2799	604	2	a	a	X
taxlaw-2799	604	3	)	)	PUNCT
taxlaw-2799	604	4	ice	ice	NOUN
taxlaw-2799	604	5	trust	trust	PROPN
taxlaw-2799	604	6	u.s	u.s	PROPN
taxlaw-2799	604	7	.	.	PROPN
taxlaw-2799	604	8	ice	ice	PROPN
taxlaw-2799	604	9	trust	trust	PROPN
taxlaw-2799	604	10	u.s	u.s	PROPN
taxlaw-2799	604	11	.	.	PROPN
taxlaw-2799	604	12	is	be	AUX
taxlaw-2799	604	13	organized	organize	VERB
taxlaw-2799	604	14	as	as	ADP
taxlaw-2799	604	15	a	a	DET
taxlaw-2799	604	16	new	new	PROPN
taxlaw-2799	604	17	york	york	PROPN
taxlaw-2799	604	18	trust	trust	PROPN
taxlaw-2799	604	19	company	company	NOUN
taxlaw-2799	604	20	,	,	PUNCT
taxlaw-2799	604	21	and	and	CCONJ
taxlaw-2799	604	22	is	be	AUX
taxlaw-2799	604	23	regulated	regulate	VERB
taxlaw-2799	604	24	by	by	ADP
taxlaw-2799	604	25	the	the	DET
taxlaw-2799	604	26	federal	federal	PROPN
taxlaw-2799	604	27	reserve	reserve	PROPN
taxlaw-2799	604	28	and	and	CCONJ
taxlaw-2799	604	29	the	the	DET
taxlaw-2799	604	30	new	new	PROPN
taxlaw-2799	604	31	york	york	PROPN
taxlaw-2799	604	32	state	state	PROPN
taxlaw-2799	604	33	banking	banking	NOUN
taxlaw-2799	604	34	department.46	department.46	PROPN
taxlaw-2799	604	35	ice	ice	NOUN
taxlaw-2799	604	36	trust	trust	NOUN
taxlaw-2799	604	37	is	be	AUX
taxlaw-2799	604	38	one	one	NUM
taxlaw-2799	604	39	of	of	ADP
taxlaw-2799	604	40	several	several	ADJ
taxlaw-2799	604	41	subsidiaries	subsidiary	NOUN
taxlaw-2799	604	42	of	of	ADP
taxlaw-2799	604	43	intercontinentalexchange	intercontinentalexchange	NOUN
taxlaw-2799	604	44	(	(	PUNCT
taxlaw-2799	604	45	“	"	PUNCT
taxlaw-2799	604	46	ice	ice	NOUN
taxlaw-2799	604	47	”	"	PUNCT
taxlaw-2799	604	48	)	)	PUNCT
taxlaw-2799	604	49	,	,	PUNCT
taxlaw-2799	604	50	which	which	PRON
taxlaw-2799	604	51	operates	operate	VERB
taxlaw-2799	604	52	exchanges	exchange	NOUN
taxlaw-2799	604	53	in	in	ADP
taxlaw-2799	604	54	the	the	DET
taxlaw-2799	604	55	united	united	PROPN
taxlaw-2799	604	56	states	states	PROPN
taxlaw-2799	604	57	,	,	PUNCT
taxlaw-2799	604	58	canada	canada	PROPN
taxlaw-2799	604	59	,	,	PUNCT
taxlaw-2799	604	60	and	and	CCONJ
taxlaw-2799	604	61	europe	europe	PROPN
taxlaw-2799	604	62	and	and	CCONJ
taxlaw-2799	604	63	also	also	ADV
taxlaw-2799	604	64	operates	operate	VERB
taxlaw-2799	604	65	several	several	ADJ
taxlaw-2799	604	66	otc	otc	PROPN
taxlaw-2799	604	67	markets	market	NOUN
taxlaw-2799	604	68	.	.	PUNCT
taxlaw-2799	605	1	ice	ice	NOUN
taxlaw-2799	605	2	trust	trust	NOUN
taxlaw-2799	605	3	is	be	AUX
taxlaw-2799	605	4	a	a	DET
taxlaw-2799	605	5	standalone	standalone	NOUN
taxlaw-2799	605	6	clearinghouse	clearinghouse	NOUN
taxlaw-2799	605	7	for	for	ADP
taxlaw-2799	605	8	clearing	clear	VERB
taxlaw-2799	605	9	cds	cd	NOUN
taxlaw-2799	605	10	.	.	PUNCT
taxlaw-2799	606	1	that	that	PRON
taxlaw-2799	606	2	is	be	AUX
taxlaw-2799	606	3	,	,	PUNCT
taxlaw-2799	606	4	its	its	PRON
taxlaw-2799	606	5	sole	sole	ADJ
taxlaw-2799	606	6	function	function	NOUN
taxlaw-2799	606	7	is	be	AUX
taxlaw-2799	606	8	to	to	PART
taxlaw-2799	606	9	clear	clear	VERB
taxlaw-2799	606	10	,	,	PUNCT
taxlaw-2799	606	11	and	and	CCONJ
taxlaw-2799	606	12	the	the	DET
taxlaw-2799	606	13	sole	sole	ADJ
taxlaw-2799	606	14	contracts	contract	NOUN
taxlaw-2799	606	15	that	that	PRON
taxlaw-2799	606	16	it	it	PRON
taxlaw-2799	606	17	clears	clear	VERB
taxlaw-2799	606	18	are	be	AUX
taxlaw-2799	606	19	cds	cds	PROPN
taxlaw-2799	606	20	.	.	PUNCT
taxlaw-2799	607	1	ice	ice	NOUN
taxlaw-2799	607	2	trust	trust	PROPN
taxlaw-2799	607	3	received	receive	VERB
taxlaw-2799	607	4	regulatory	regulatory	ADJ
taxlaw-2799	607	5	approval	approval	NOUN
taxlaw-2799	607	6	from	from	ADP
taxlaw-2799	607	7	the	the	DET
taxlaw-2799	607	8	new	new	PROPN
taxlaw-2799	607	9	york	york	PROPN
taxlaw-2799	607	10	state	state	PROPN
taxlaw-2799	607	11	banking	banking	PROPN
taxlaw-2799	607	12	department	department	NOUN
taxlaw-2799	607	13	in	in	ADP
taxlaw-2799	607	14	december	december	PROPN
taxlaw-2799	607	15	2008	2008	NUM
taxlaw-2799	607	16	.	.	PUNCT
taxlaw-2799	608	1	in	in	ADP
taxlaw-2799	608	2	march	march	PROPN
taxlaw-2799	608	3	2009	2009	NUM
taxlaw-2799	608	4	,	,	PUNCT
taxlaw-2799	608	5	it	it	PRON
taxlaw-2799	608	6	received	receive	VERB
taxlaw-2799	608	7	regulatory	regulatory	ADJ
taxlaw-2799	608	8	approval	approval	NOUN
taxlaw-2799	608	9	from	from	ADP
taxlaw-2799	608	10	the	the	DET
taxlaw-2799	608	11	fed	fed	PROPN
taxlaw-2799	608	12	to	to	PART
taxlaw-2799	608	13	provide	provide	VERB
taxlaw-2799	608	14	central	central	ADJ
taxlaw-2799	608	15	counterparty	counterparty	NOUN
taxlaw-2799	608	16	services	service	NOUN
taxlaw-2799	608	17	by	by	ADP
taxlaw-2799	608	18	clearing	clear	VERB
taxlaw-2799	608	19	cds	cd	NOUN
taxlaw-2799	608	20	and	and	CCONJ
taxlaw-2799	608	21	from	from	ADP
taxlaw-2799	608	22	the	the	DET
taxlaw-2799	608	23	sec	sec	PROPN
taxlaw-2799	608	24	to	to	PART
taxlaw-2799	608	25	perform	perform	VERB
taxlaw-2799	608	26	the	the	DET
taxlaw-2799	608	27	functions	function	NOUN
taxlaw-2799	608	28	of	of	ADP
taxlaw-2799	608	29	a	a	DET
taxlaw-2799	608	30	clearing	clearing	NOUN
taxlaw-2799	608	31	agency	agency	NOUN
taxlaw-2799	608	32	for	for	ADP
taxlaw-2799	608	33	cleared	clear	VERB
taxlaw-2799	608	34	cds.47	cds.47	ADP
taxlaw-2799	608	35	ice	ice	NOUN
taxlaw-2799	608	36	trust	trust	NOUN
taxlaw-2799	608	37	began	begin	VERB
taxlaw-2799	608	38	clearing	clear	VERB
taxlaw-2799	608	39	cds	cd	NOUN
taxlaw-2799	608	40	in	in	ADP
taxlaw-2799	608	41	march	march	PROPN
taxlaw-2799	608	42	2009	2009	NUM
taxlaw-2799	608	43	,	,	PUNCT
taxlaw-2799	608	44	and	and	CCONJ
taxlaw-2799	608	45	clears	clear	VERB
taxlaw-2799	608	46	both	both	PRON
taxlaw-2799	608	47	single	single	ADJ
taxlaw-2799	608	48	name	name	NOUN
taxlaw-2799	608	49	cds	cd	NOUN
taxlaw-2799	608	50	and	and	CCONJ
taxlaw-2799	608	51	index	index	NOUN
taxlaw-2799	608	52	cds	cd	NOUN
taxlaw-2799	608	53	.	.	PUNCT
taxlaw-2799	609	1	according	accord	VERB
taxlaw-2799	609	2	to	to	ADP
taxlaw-2799	609	3	ice	ice	NOUN
taxlaw-2799	609	4	,	,	PUNCT
taxlaw-2799	609	5	the	the	DET
taxlaw-2799	609	6	volume	volume	NOUN
taxlaw-2799	609	7	of	of	ADP
taxlaw-2799	609	8	gross	gross	ADJ
taxlaw-2799	609	9	notional	notional	ADJ
taxlaw-2799	609	10	amount	amount	NOUN
taxlaw-2799	609	11	cleared	clear	VERB
taxlaw-2799	609	12	by	by	ADP
taxlaw-2799	609	13	ice	ice	NOUN
taxlaw-2799	609	14	trust	trust	NOUN
taxlaw-2799	609	15	exceeded	exceed	VERB
taxlaw-2799	609	16	$	$	SYM
taxlaw-2799	609	17	7	7	NUM
taxlaw-2799	609	18	trillion	trillion	NUM
taxlaw-2799	609	19	by	by	ADP
taxlaw-2799	609	20	the	the	DET
taxlaw-2799	609	21	end	end	NOUN
taxlaw-2799	609	22	of	of	ADP
taxlaw-2799	609	23	september	september	PROPN
taxlaw-2799	609	24	2010	2010	NUM
taxlaw-2799	609	25	,	,	PUNCT
taxlaw-2799	609	26	and	and	CCONJ
taxlaw-2799	609	27	open	open	VERB
taxlaw-2799	609	28	interest	interest	NOUN
taxlaw-2799	609	29	in	in	ADP
taxlaw-2799	609	30	cleared	clear	VERB
taxlaw-2799	609	31	cds	cd	NOUN
taxlaw-2799	609	32	was	be	AUX
taxlaw-2799	609	33	just	just	ADV
taxlaw-2799	609	34	under	under	ADP
taxlaw-2799	609	35	$	$	SYM
taxlaw-2799	609	36	500	500	NUM
taxlaw-2799	609	37	billion.48	billion.48	ADJ
taxlaw-2799	609	38	ice	ice	NOUN
taxlaw-2799	609	39	trust	trust	NOUN
taxlaw-2799	609	40	operates	operate	VERB
taxlaw-2799	609	41	under	under	ADP
taxlaw-2799	609	42	a	a	DET
taxlaw-2799	609	43	set	set	NOUN
taxlaw-2799	609	44	of	of	ADP
taxlaw-2799	609	45	rules	rule	NOUN
taxlaw-2799	609	46	that	that	PRON
taxlaw-2799	609	47	set	set	VERB
taxlaw-2799	609	48	out	out	ADP
taxlaw-2799	609	49	conditions	condition	NOUN
taxlaw-2799	609	50	for	for	ADP
taxlaw-2799	609	51	membership	membership	NOUN
taxlaw-2799	609	52	,	,	PUNCT
taxlaw-2799	609	53	the	the	DET
taxlaw-2799	609	54	terms	term	NOUN
taxlaw-2799	609	55	of	of	ADP
taxlaw-2799	609	56	the	the	DET
taxlaw-2799	609	57	cds	cd	NOUN
taxlaw-2799	609	58	that	that	PRON
taxlaw-2799	609	59	it	it	PRON
taxlaw-2799	609	60	clears	clear	VERB
taxlaw-2799	609	61	,	,	PUNCT
taxlaw-2799	609	62	the	the	DET
taxlaw-2799	609	63	details	detail	NOUN
taxlaw-2799	609	64	of	of	ADP
taxlaw-2799	609	65	how	how	SCONJ
taxlaw-2799	609	66	clearing	clearing	NOUN
taxlaw-2799	609	67	takes	take	VERB
taxlaw-2799	609	68	place	place	NOUN
taxlaw-2799	609	69	,	,	PUNCT
taxlaw-2799	609	70	how	how	SCONJ
taxlaw-2799	609	71	determinations	determination	NOUN
taxlaw-2799	609	72	of	of	ADP
taxlaw-2799	609	73	various	various	ADJ
taxlaw-2799	609	74	kinds	kind	NOUN
taxlaw-2799	609	75	are	be	AUX
taxlaw-2799	609	76	made	make	VERB
taxlaw-2799	609	77	,	,	PUNCT
taxlaw-2799	609	78	and	and	CCONJ
taxlaw-2799	609	79	other	other	ADJ
taxlaw-2799	609	80	related	related	ADJ
taxlaw-2799	609	81	topics	topic	NOUN
taxlaw-2799	609	82	.	.	PUNCT
taxlaw-2799	610	1	these	these	DET
taxlaw-2799	610	2	rules	rule	NOUN
taxlaw-2799	610	3	are	be	AUX
taxlaw-2799	610	4	also	also	ADV
taxlaw-2799	610	5	standalone	standalone	ADJ
taxlaw-2799	610	6	,	,	PUNCT
taxlaw-2799	610	7	meaning	mean	VERB
taxlaw-2799	610	8	that	that	SCONJ
taxlaw-2799	610	9	they	they	PRON
taxlaw-2799	610	10	relate	relate	VERB
taxlaw-2799	610	11	solely	solely	ADV
taxlaw-2799	610	12	to	to	ADP
taxlaw-2799	610	13	ice	ice	NOUN
taxlaw-2799	610	14	trust	trust	NOUN
taxlaw-2799	610	15	.	.	PUNCT
taxlaw-2799	611	1	ice	ice	NOUN
taxlaw-2799	611	2	reports	report	NOUN
taxlaw-2799	611	3	daily	daily	PROPN
taxlaw-2799	611	4	settlement	settlement	NOUN
taxlaw-2799	611	5	prices	price	NOUN
taxlaw-2799	611	6	,	,	PUNCT
taxlaw-2799	611	7	daily	daily	ADJ
taxlaw-2799	611	8	trading	trading	NOUN
taxlaw-2799	611	9	volume	volume	NOUN
taxlaw-2799	611	10	,	,	PUNCT
taxlaw-2799	611	11	and	and	CCONJ
taxlaw-2799	611	12	endof	endof	NOUN
taxlaw-2799	611	13	-	-	PUNCT
taxlaw-2799	611	14	day	day	NOUN
taxlaw-2799	611	15	open	open	ADJ
taxlaw-2799	611	16	interest	interest	NOUN
taxlaw-2799	611	17	for	for	ADP
taxlaw-2799	611	18	each	each	DET
taxlaw-2799	611	19	cds	cd	NOUN
taxlaw-2799	611	20	contract	contract	NOUN
taxlaw-2799	611	21	that	that	SCONJ
taxlaw-2799	611	22	it	it	PRON
taxlaw-2799	611	23	trades	trade	VERB
taxlaw-2799	611	24	.	.	PUNCT
taxlaw-2799	612	1	ice	ice	NOUN
taxlaw-2799	612	2	does	do	AUX
taxlaw-2799	612	3	not	not	PART
taxlaw-2799	612	4	provide	provide	VERB
taxlaw-2799	612	5	other	other	ADJ
taxlaw-2799	612	6	price	price	NOUN
taxlaw-2799	612	7	information	information	NOUN
taxlaw-2799	612	8	for	for	ADP
taxlaw-2799	612	9	cleared	clear	VERB
taxlaw-2799	612	10	swaps	swap	NOUN
taxlaw-2799	612	11	,	,	PUNCT
taxlaw-2799	612	12	but	but	CCONJ
taxlaw-2799	612	13	bid	bid	NOUN
taxlaw-2799	612	14	/	/	SYM
taxlaw-2799	612	15	ask	ask	NOUN
taxlaw-2799	612	16	quotes	quote	NOUN
taxlaw-2799	612	17	can	can	AUX
taxlaw-2799	612	18	be	be	AUX
taxlaw-2799	612	19	obtained	obtain	VERB
taxlaw-2799	612	20	by	by	ADP
taxlaw-2799	612	21	calling	call	VERB
taxlaw-2799	612	22	a	a	DET
taxlaw-2799	612	23	market	market	NOUN
taxlaw-2799	612	24	participant	participant	NOUN
taxlaw-2799	612	25	.	.	PUNCT
taxlaw-2799	613	1	46	46	NUM
taxlaw-2799	613	2	in	in	ADP
taxlaw-2799	613	3	november	november	PROPN
taxlaw-2799	613	4	2008	2008	NUM
taxlaw-2799	613	5	,	,	PUNCT
taxlaw-2799	613	6	the	the	DET
taxlaw-2799	613	7	sec	sec	PROPN
taxlaw-2799	613	8	,	,	PUNCT
taxlaw-2799	613	9	the	the	DET
taxlaw-2799	613	10	cftc	cftc	PROPN
taxlaw-2799	613	11	and	and	CCONJ
taxlaw-2799	613	12	the	the	DET
taxlaw-2799	613	13	fed	fed	PROPN
taxlaw-2799	613	14	executed	execute	VERB
taxlaw-2799	613	15	a	a	DET
taxlaw-2799	613	16	memorandum	memorandum	NOUN
taxlaw-2799	613	17	of	of	ADP
taxlaw-2799	613	18	understanding	understanding	NOUN
taxlaw-2799	613	19	under	under	ADP
taxlaw-2799	613	20	which	which	PRON
taxlaw-2799	613	21	they	they	PRON
taxlaw-2799	613	22	agreed	agree	VERB
taxlaw-2799	613	23	to	to	PART
taxlaw-2799	613	24	cooperate	cooperate	VERB
taxlaw-2799	613	25	and	and	CCONJ
taxlaw-2799	613	26	coordinate	coordinate	VERB
taxlaw-2799	613	27	in	in	ADP
taxlaw-2799	613	28	their	their	PRON
taxlaw-2799	613	29	respective	respective	ADJ
taxlaw-2799	613	30	approval	approval	NOUN
taxlaw-2799	613	31	,	,	PUNCT
taxlaw-2799	613	32	supervision	supervision	NOUN
taxlaw-2799	613	33	,	,	PUNCT
taxlaw-2799	613	34	and	and	CCONJ
taxlaw-2799	613	35	oversight	oversight	NOUN
taxlaw-2799	613	36	of	of	ADP
taxlaw-2799	613	37	central	central	ADJ
taxlaw-2799	613	38	counterparties	counterpartie	NOUN
taxlaw-2799	613	39	(	(	PUNCT
taxlaw-2799	613	40	a	a	DET
taxlaw-2799	613	41	“	"	PUNCT
taxlaw-2799	613	42	ccp	ccp	NOUN
taxlaw-2799	613	43	”	"	PUNCT
taxlaw-2799	613	44	)	)	PUNCT
taxlaw-2799	613	45	for	for	ADP
taxlaw-2799	613	46	cds	cd	NOUN
taxlaw-2799	613	47	.	.	PUNCT
taxlaw-2799	614	1	the	the	DET
taxlaw-2799	614	2	mou	mou	PROPN
taxlaw-2799	614	3	notes	note	VERB
taxlaw-2799	614	4	that	that	SCONJ
taxlaw-2799	614	5	a	a	DET
taxlaw-2799	614	6	ccp	ccp	PROPN
taxlaw-2799	614	7	for	for	ADP
taxlaw-2799	614	8	cds	cd	NOUN
taxlaw-2799	614	9	may	may	AUX
taxlaw-2799	614	10	be	be	AUX
taxlaw-2799	614	11	one	one	NUM
taxlaw-2799	614	12	or	or	CCONJ
taxlaw-2799	614	13	more	more	ADJ
taxlaw-2799	614	14	of	of	ADP
taxlaw-2799	614	15	the	the	DET
taxlaw-2799	614	16	following	following	NOUN
taxlaw-2799	614	17	:	:	PUNCT
taxlaw-2799	614	18	a	a	DET
taxlaw-2799	614	19	state	state	NOUN
taxlaw-2799	614	20	-	-	PUNCT
taxlaw-2799	614	21	chartered	charter	VERB
taxlaw-2799	614	22	bank	bank	NOUN
taxlaw-2799	614	23	that	that	PRON
taxlaw-2799	614	24	is	be	AUX
taxlaw-2799	614	25	a	a	DET
taxlaw-2799	614	26	member	member	NOUN
taxlaw-2799	614	27	of	of	ADP
taxlaw-2799	614	28	the	the	DET
taxlaw-2799	614	29	fed	fed	PROPN
taxlaw-2799	614	30	,	,	PUNCT
taxlaw-2799	614	31	a	a	DET
taxlaw-2799	614	32	derivatives	derivative	NOUN
taxlaw-2799	614	33	clearing	clearing	NOUN
taxlaw-2799	614	34	organization	organization	NOUN
taxlaw-2799	614	35	(	(	PUNCT
taxlaw-2799	614	36	“	"	PUNCT
taxlaw-2799	614	37	dco	dco	PROPN
taxlaw-2799	614	38	”	"	PUNCT
taxlaw-2799	614	39	)	)	PUNCT
taxlaw-2799	614	40	regulated	regulate	VERB
taxlaw-2799	614	41	by	by	ADP
taxlaw-2799	614	42	the	the	DET
taxlaw-2799	614	43	cftc	cftc	PROPN
taxlaw-2799	614	44	,	,	PUNCT
taxlaw-2799	614	45	or	or	CCONJ
taxlaw-2799	614	46	a	a	DET
taxlaw-2799	614	47	“	"	PUNCT
taxlaw-2799	614	48	clearing	clearing	NOUN
taxlaw-2799	614	49	agency	agency	NOUN
taxlaw-2799	614	50	”	"	PUNCT
taxlaw-2799	614	51	regulated	regulate	VERB
taxlaw-2799	614	52	by	by	ADP
taxlaw-2799	614	53	the	the	DET
taxlaw-2799	614	54	sec	sec	PROPN
taxlaw-2799	614	55	.	.	PROPN
taxlaw-2799	614	56	memorandum	memorandum	NOUN
taxlaw-2799	614	57	of	of	ADP
taxlaw-2799	614	58	understanding	understanding	NOUN
taxlaw-2799	614	59	between	between	ADP
taxlaw-2799	614	60	the	the	DET
taxlaw-2799	614	61	board	board	NOUN
taxlaw-2799	614	62	of	of	ADP
taxlaw-2799	614	63	governors	governor	NOUN
taxlaw-2799	614	64	of	of	ADP
taxlaw-2799	614	65	the	the	DET
taxlaw-2799	614	66	federal	federal	PROPN
taxlaw-2799	614	67	reserve	reserve	PROPN
taxlaw-2799	614	68	system	system	NOUN
taxlaw-2799	614	69	,	,	PUNCT
taxlaw-2799	614	70	the	the	DET
taxlaw-2799	614	71	u.s	u.s	PROPN
taxlaw-2799	614	72	.	.	PROPN
taxlaw-2799	614	73	commodity	commodity	PROPN
taxlaw-2799	614	74	futures	futures	PROPN
taxlaw-2799	614	75	trading	trading	PROPN
taxlaw-2799	614	76	commission	commission	PROPN
taxlaw-2799	614	77	,	,	PUNCT
taxlaw-2799	614	78	and	and	CCONJ
taxlaw-2799	614	79	the	the	DET
taxlaw-2799	614	80	u.s	u.s	PROPN
taxlaw-2799	614	81	.	.	PROPN
taxlaw-2799	614	82	securities	securities	PROPN
taxlaw-2799	614	83	and	and	CCONJ
taxlaw-2799	614	84	exchange	exchange	PROPN
taxlaw-2799	614	85	commission	commission	PROPN
taxlaw-2799	614	86	regarding	regard	VERB
taxlaw-2799	614	87	central	central	ADJ
taxlaw-2799	614	88	counterparties	counterpartie	NOUN
taxlaw-2799	614	89	for	for	ADP
taxlaw-2799	614	90	credit	credit	NOUN
taxlaw-2799	614	91	default	default	NOUN
taxlaw-2799	614	92	swaps	swap	NOUN
taxlaw-2799	614	93	,	,	PUNCT
taxlaw-2799	614	94	u.s	u.s	PROPN
taxlaw-2799	614	95	.	.	PROPN
taxlaw-2799	614	96	dep’t	dep’t	NOUN
taxlaw-2799	614	97	of	of	ADP
taxlaw-2799	614	98	the	the	DET
taxlaw-2799	614	99	treasury	treasury	NOUN
taxlaw-2799	614	100	,	,	PUNCT
taxlaw-2799	614	101	http://www.treasury.gov/resource-center/fin-mkts/documents/finalmou.pdf	http://www.treasury.gov/resource-center/fin-mkts/documents/finalmou.pdf	NOUN
taxlaw-2799	614	102	(	(	PUNCT
taxlaw-2799	614	103	last	last	ADV
taxlaw-2799	614	104	visited	visit	VERB
taxlaw-2799	614	105	dec	dec	PROPN
taxlaw-2799	614	106	.	.	PROPN
taxlaw-2799	614	107	30	30	NUM
taxlaw-2799	614	108	,	,	PUNCT
taxlaw-2799	614	109	2010	2010	NUM
taxlaw-2799	614	110	)	)	PUNCT
taxlaw-2799	614	111	.	.	PUNCT
taxlaw-2799	615	1	47	47	NUM
taxlaw-2799	615	2	for	for	ADP
taxlaw-2799	615	3	the	the	DET
taxlaw-2799	615	4	new	new	PROPN
taxlaw-2799	615	5	york	york	PROPN
taxlaw-2799	615	6	state	state	PROPN
taxlaw-2799	615	7	banking	banking	PROPN
taxlaw-2799	615	8	department	department	PROPN
taxlaw-2799	615	9	approval	approval	NOUN
taxlaw-2799	615	10	,	,	PUNCT
taxlaw-2799	615	11	see	see	VERB
taxlaw-2799	615	12	banking	banking	NOUN
taxlaw-2799	615	13	department	department	NOUN
taxlaw-2799	615	14	approved	approve	VERB
taxlaw-2799	615	15	intercontinental	intercontinental	ADJ
taxlaw-2799	615	16	exchange	exchange	PROPN
taxlaw-2799	615	17	,	,	PUNCT
taxlaw-2799	615	18	inc	inc	PROPN
taxlaw-2799	615	19	.	.	PROPN
taxlaw-2799	615	20	to	to	PART
taxlaw-2799	615	21	form	form	VERB
taxlaw-2799	615	22	trust	trust	NOUN
taxlaw-2799	615	23	company	company	NOUN
taxlaw-2799	615	24	to	to	PART
taxlaw-2799	615	25	clear	clear	ADJ
taxlaw-2799	615	26	credit	credit	NOUN
taxlaw-2799	615	27	derivatives	derivative	NOUN
taxlaw-2799	615	28	,	,	PUNCT
taxlaw-2799	615	29	state	state	NOUN
taxlaw-2799	615	30	of	of	ADP
taxlaw-2799	615	31	n.y	n.y	PROPN
taxlaw-2799	615	32	.	.	PROPN
taxlaw-2799	615	33	banking	banking	NOUN
taxlaw-2799	615	34	dep’t	dep’t	PROPN
taxlaw-2799	615	35	,	,	PUNCT
taxlaw-2799	615	36	http://www.banking.state.ny.us/pr081204.htm	http://www.banking.state.ny.us/pr081204.htm	PROPN
taxlaw-2799	615	37	(	(	PUNCT
taxlaw-2799	615	38	last	last	ADV
taxlaw-2799	615	39	visited	visit	VERB
taxlaw-2799	615	40	dec	dec	PROPN
taxlaw-2799	615	41	.	.	PROPN
taxlaw-2799	615	42	31	31	NUM
taxlaw-2799	615	43	,	,	PUNCT
taxlaw-2799	615	44	2010	2010	NUM
taxlaw-2799	615	45	)	)	PUNCT
taxlaw-2799	615	46	.	.	PUNCT
taxlaw-2799	616	1	the	the	DET
taxlaw-2799	616	2	fed	fed	PROPN
taxlaw-2799	616	3	approval	approval	NOUN
taxlaw-2799	616	4	was	be	AUX
taxlaw-2799	616	5	granted	grant	VERB
taxlaw-2799	616	6	as	as	ADP
taxlaw-2799	616	7	a	a	DET
taxlaw-2799	616	8	board	board	NOUN
taxlaw-2799	616	9	order	order	NOUN
taxlaw-2799	616	10	,	,	PUNCT
taxlaw-2799	616	11	dated	date	VERB
taxlaw-2799	616	12	march	march	NOUN
taxlaw-2799	616	13	4	4	NUM
taxlaw-2799	616	14	,	,	PUNCT
taxlaw-2799	616	15	2009	2009	NUM
taxlaw-2799	616	16	.	.	PUNCT
taxlaw-2799	617	1	for	for	ADP
taxlaw-2799	617	2	the	the	DET
taxlaw-2799	617	3	sec	sec	PROPN
taxlaw-2799	617	4	approval	approval	NOUN
taxlaw-2799	617	5	,	,	PUNCT
taxlaw-2799	617	6	see	see	VERB
taxlaw-2799	617	7	securities	security	NOUN
taxlaw-2799	617	8	exchange	exchange	PROPN
taxlaw-2799	617	9	act	act	PROPN
taxlaw-2799	617	10	release	release	VERB
taxlaw-2799	617	11	no	no	NOUN
taxlaw-2799	617	12	.	.	NOUN
taxlaw-2799	617	13	34	34	NUM
taxlaw-2799	617	14	-	-	SYM
taxlaw-2799	617	15	59527	59527	NUM
taxlaw-2799	617	16	(	(	PUNCT
taxlaw-2799	617	17	mar	mar	PROPN
taxlaw-2799	617	18	.	.	PROPN
taxlaw-2799	617	19	6	6	NUM
taxlaw-2799	617	20	,	,	PUNCT
taxlaw-2799	617	21	2009	2009	NUM
taxlaw-2799	617	22	)	)	PUNCT
taxlaw-2799	617	23	,	,	PUNCT
taxlaw-2799	617	24	74	74	NUM
taxlaw-2799	617	25	fed	feed	VERB
taxlaw-2799	617	26	.	.	PUNCT
taxlaw-2799	618	1	reg	reg	PROPN
taxlaw-2799	618	2	.	.	PUNCT
taxlaw-2799	619	1	10791	10791	NUM
taxlaw-2799	619	2	(	(	PUNCT
taxlaw-2799	619	3	mar	mar	PROPN
taxlaw-2799	619	4	.	.	PROPN
taxlaw-2799	619	5	12	12	NUM
taxlaw-2799	619	6	,	,	PUNCT
taxlaw-2799	619	7	2009	2009	NUM
taxlaw-2799	619	8	)	)	PUNCT
taxlaw-2799	619	9	.	.	PUNCT
taxlaw-2799	620	1	the	the	DET
taxlaw-2799	620	2	sec	sec	PROPN
taxlaw-2799	620	3	order	order	NOUN
taxlaw-2799	620	4	was	be	AUX
taxlaw-2799	620	5	a	a	DET
taxlaw-2799	620	6	temporary	temporary	ADJ
taxlaw-2799	620	7	order	order	NOUN
taxlaw-2799	620	8	that	that	PRON
taxlaw-2799	620	9	has	have	AUX
taxlaw-2799	620	10	since	since	ADV
taxlaw-2799	620	11	been	be	AUX
taxlaw-2799	620	12	renewed	renew	VERB
taxlaw-2799	620	13	.	.	PUNCT
taxlaw-2799	621	1	as	as	SCONJ
taxlaw-2799	621	2	these	these	DET
taxlaw-2799	621	3	approvals	approval	NOUN
taxlaw-2799	621	4	indicate	indicate	VERB
taxlaw-2799	621	5	,	,	PUNCT
taxlaw-2799	621	6	ice	ice	NOUN
taxlaw-2799	621	7	trust	trust	NOUN
taxlaw-2799	621	8	operates	operate	VERB
taxlaw-2799	621	9	,	,	PUNCT
taxlaw-2799	621	10	as	as	SCONJ
taxlaw-2799	621	11	contemplated	contemplate	VERB
taxlaw-2799	621	12	by	by	ADP
taxlaw-2799	621	13	the	the	DET
taxlaw-2799	621	14	mou	mou	PROPN
taxlaw-2799	621	15	,	,	PUNCT
taxlaw-2799	621	16	as	as	ADP
taxlaw-2799	621	17	a	a	DET
taxlaw-2799	621	18	state	state	NOUN
taxlaw-2799	621	19	-	-	PUNCT
taxlaw-2799	621	20	chartered	charter	VERB
taxlaw-2799	621	21	bank	bank	NOUN
taxlaw-2799	621	22	and	and	CCONJ
taxlaw-2799	621	23	as	as	ADP
taxlaw-2799	621	24	a	a	DET
taxlaw-2799	621	25	clearing	clearing	NOUN
taxlaw-2799	621	26	agency	agency	NOUN
taxlaw-2799	621	27	.	.	PUNCT
taxlaw-2799	622	1	48	48	NUM
taxlaw-2799	622	2	see	see	VERB
taxlaw-2799	622	3	clearing	clearing	NOUN
taxlaw-2799	622	4	:	:	PUNCT
taxlaw-2799	622	5	ice	ice	NOUN
taxlaw-2799	622	6	trust	trust	PROPN
taxlaw-2799	622	7	,	,	PUNCT
taxlaw-2799	622	8	intercontinentalexchange	intercontinentalexchange	NOUN
taxlaw-2799	622	9	,	,	PUNCT
taxlaw-2799	622	10	https://www.theice.com/ice_trust.jhtml	https://www.theice.com/ice_trust.jhtml	PROPN
taxlaw-2799	622	11	(	(	PUNCT
taxlaw-2799	622	12	last	last	ADJ
taxlaw-2799	622	13	visited	visit	VERB
taxlaw-2799	622	14	dec	dec	PROPN
taxlaw-2799	622	15	.	.	PROPN
taxlaw-2799	622	16	30	30	NUM
taxlaw-2799	622	17	,	,	PUNCT
taxlaw-2799	622	18	2010	2010	NUM
taxlaw-2799	622	19	)	)	PUNCT
taxlaw-2799	622	20	.	.	PUNCT
taxlaw-2799	623	1	30	30	NUM
taxlaw-2799	623	2	columbia	columbia	PROPN
taxlaw-2799	623	3	jour	jour	PROPN
taxlaw-2799	623	4	al	al	PROPN
taxlaw-2799	623	5	of	of	ADP
taxlaw-2799	623	6	tax	tax	NOUN
taxlaw-2799	623	7	law	law	NOUN
taxlaw-2799	623	8	[	[	X
taxlaw-2799	623	9	vol	vol	NOUN
taxlaw-2799	623	10	.	.	PUNCT
taxlaw-2799	623	11	2:1	2:1	NUM
taxlaw-2799	624	1	(	(	PUNCT
taxlaw-2799	624	2	b	b	X
taxlaw-2799	624	3	)	)	PUNCT
taxlaw-2799	624	4	the	the	DET
taxlaw-2799	624	5	cme	cme	PROPN
taxlaw-2799	624	6	clearinghouse	clearinghouse	NOUN
taxlaw-2799	624	7	.	.	PUNCT
taxlaw-2799	625	1	the	the	DET
taxlaw-2799	625	2	cme	cme	PROPN
taxlaw-2799	625	3	is	be	AUX
taxlaw-2799	625	4	a	a	DET
taxlaw-2799	625	5	subsidiary	subsidiary	NOUN
taxlaw-2799	625	6	of	of	ADP
taxlaw-2799	625	7	the	the	DET
taxlaw-2799	625	8	cme	cme	PROPN
taxlaw-2799	625	9	group	group	NOUN
taxlaw-2799	625	10	,	,	PUNCT
taxlaw-2799	625	11	which	which	PRON
taxlaw-2799	625	12	is	be	AUX
taxlaw-2799	625	13	a	a	DET
taxlaw-2799	625	14	holding	hold	VERB
taxlaw-2799	625	15	company	company	NOUN
taxlaw-2799	625	16	for	for	ADP
taxlaw-2799	625	17	the	the	DET
taxlaw-2799	625	18	cme	cme	NOUN
taxlaw-2799	625	19	,	,	PUNCT
taxlaw-2799	625	20	the	the	DET
taxlaw-2799	625	21	chicago	chicago	PROPN
taxlaw-2799	625	22	board	board	PROPN
taxlaw-2799	625	23	of	of	ADP
taxlaw-2799	625	24	trade	trade	PROPN
taxlaw-2799	625	25	(	(	PUNCT
taxlaw-2799	625	26	“	"	PUNCT
taxlaw-2799	625	27	cbot	cbot	PROPN
taxlaw-2799	625	28	”	"	PUNCT
taxlaw-2799	625	29	)	)	PUNCT
taxlaw-2799	625	30	,	,	PUNCT
taxlaw-2799	625	31	the	the	DET
taxlaw-2799	625	32	new	new	PROPN
taxlaw-2799	625	33	york	york	PROPN
taxlaw-2799	625	34	mercantile	mercantile	PROPN
taxlaw-2799	625	35	exchange	exchange	PROPN
taxlaw-2799	625	36	(	(	PUNCT
taxlaw-2799	625	37	“	"	PUNCT
taxlaw-2799	625	38	nymex	nymex	NOUN
taxlaw-2799	625	39	”	"	PUNCT
taxlaw-2799	625	40	)	)	PUNCT
taxlaw-2799	625	41	,	,	PUNCT
taxlaw-2799	625	42	and	and	CCONJ
taxlaw-2799	625	43	the	the	DET
taxlaw-2799	625	44	commodity	commodity	NOUN
taxlaw-2799	625	45	exchange	exchange	NOUN
taxlaw-2799	625	46	(	(	PUNCT
taxlaw-2799	625	47	“	"	PUNCT
taxlaw-2799	625	48	comex	comex	PROPN
taxlaw-2799	625	49	”	"	PUNCT
taxlaw-2799	625	50	)	)	PUNCT
taxlaw-2799	625	51	.	.	PUNCT
taxlaw-2799	626	1	each	each	PRON
taxlaw-2799	626	2	of	of	ADP
taxlaw-2799	626	3	these	these	PRON
taxlaw-2799	626	4	is	be	AUX
taxlaw-2799	626	5	a	a	DET
taxlaw-2799	626	6	separate	separate	ADJ
taxlaw-2799	626	7	legal	legal	ADJ
taxlaw-2799	626	8	entity	entity	NOUN
taxlaw-2799	626	9	that	that	PRON
taxlaw-2799	626	10	is	be	AUX
taxlaw-2799	626	11	a	a	DET
taxlaw-2799	626	12	contract	contract	NOUN
taxlaw-2799	626	13	market	market	NOUN
taxlaw-2799	626	14	designated	designate	VERB
taxlaw-2799	626	15	as	as	ADP
taxlaw-2799	626	16	such	such	ADJ
taxlaw-2799	626	17	by	by	ADP
taxlaw-2799	626	18	the	the	DET
taxlaw-2799	626	19	cftc	cftc	PROPN
taxlaw-2799	626	20	(	(	PUNCT
taxlaw-2799	626	21	a	a	DET
taxlaw-2799	626	22	“	"	PUNCT
taxlaw-2799	626	23	designated	designate	VERB
taxlaw-2799	626	24	contract	contract	NOUN
taxlaw-2799	626	25	market	market	NOUN
taxlaw-2799	626	26	,	,	PUNCT
taxlaw-2799	626	27	”	"	PUNCT
taxlaw-2799	626	28	or	or	CCONJ
taxlaw-2799	626	29	“	"	PUNCT
taxlaw-2799	626	30	dcm	dcm	NOUN
taxlaw-2799	626	31	”	"	PUNCT
taxlaw-2799	626	32	)	)	PUNCT
taxlaw-2799	626	33	and	and	CCONJ
taxlaw-2799	626	34	operates	operate	VERB
taxlaw-2799	626	35	as	as	ADP
taxlaw-2799	626	36	a	a	DET
taxlaw-2799	626	37	futures	future	NOUN
taxlaw-2799	626	38	exchange	exchange	NOUN
taxlaw-2799	626	39	.	.	PUNCT
taxlaw-2799	627	1	the	the	DET
taxlaw-2799	627	2	cme	cme	PROPN
taxlaw-2799	627	3	’s	’s	PART
taxlaw-2799	627	4	clearing	clearing	NOUN
taxlaw-2799	627	5	operations	operation	NOUN
taxlaw-2799	627	6	are	be	AUX
taxlaw-2799	627	7	a	a	DET
taxlaw-2799	627	8	separate	separate	ADJ
taxlaw-2799	627	9	division	division	NOUN
taxlaw-2799	627	10	from	from	ADP
taxlaw-2799	627	11	the	the	DET
taxlaw-2799	627	12	exchange	exchange	NOUN
taxlaw-2799	627	13	,	,	PUNCT
taxlaw-2799	627	14	but	but	CCONJ
taxlaw-2799	627	15	are	be	AUX
taxlaw-2799	627	16	housed	house	VERB
taxlaw-2799	627	17	in	in	ADP
taxlaw-2799	627	18	the	the	DET
taxlaw-2799	627	19	same	same	ADJ
taxlaw-2799	627	20	legal	legal	ADJ
taxlaw-2799	627	21	entity	entity	NOUN
taxlaw-2799	627	22	as	as	ADP
taxlaw-2799	627	23	the	the	DET
taxlaw-2799	627	24	cme	cme	PROPN
taxlaw-2799	627	25	exchange	exchange	NOUN
taxlaw-2799	627	26	.	.	PUNCT
taxlaw-2799	628	1	the	the	DET
taxlaw-2799	628	2	cme	cme	PROPN
taxlaw-2799	628	3	clearinghouse	clearinghouse	NOUN
taxlaw-2799	628	4	is	be	AUX
taxlaw-2799	628	5	separately	separately	ADV
taxlaw-2799	628	6	regulated	regulate	VERB
taxlaw-2799	628	7	by	by	ADP
taxlaw-2799	628	8	the	the	DET
taxlaw-2799	628	9	cftc	cftc	PROPN
taxlaw-2799	628	10	as	as	ADP
taxlaw-2799	628	11	a	a	DET
taxlaw-2799	628	12	“	"	PUNCT
taxlaw-2799	628	13	derivatives	derivative	NOUN
taxlaw-2799	628	14	clearing	clearing	NOUN
taxlaw-2799	628	15	organization	organization	NOUN
taxlaw-2799	628	16	”	"	PUNCT
taxlaw-2799	628	17	(	(	PUNCT
taxlaw-2799	628	18	a	a	DET
taxlaw-2799	628	19	“	"	PUNCT
taxlaw-2799	628	20	dco”).49	dco”).49	PROPN
taxlaw-2799	628	21	cme	cme	PROPN
taxlaw-2799	628	22	clearing	clearing	NOUN
taxlaw-2799	628	23	clears	clear	VERB
taxlaw-2799	628	24	for	for	ADP
taxlaw-2799	628	25	both	both	CCONJ
taxlaw-2799	628	26	the	the	DET
taxlaw-2799	628	27	cme	cme	PROPN
taxlaw-2799	628	28	and	and	CCONJ
taxlaw-2799	628	29	cbot	cbot	PROPN
taxlaw-2799	628	30	.	.	PUNCT
taxlaw-2799	629	1	once	once	ADV
taxlaw-2799	629	2	a	a	DET
taxlaw-2799	629	3	cds	cd	NOUN
taxlaw-2799	629	4	contract	contract	NOUN
taxlaw-2799	629	5	submitted	submit	VERB
taxlaw-2799	629	6	for	for	ADP
taxlaw-2799	629	7	clearing	clearing	NOUN
taxlaw-2799	629	8	has	have	AUX
taxlaw-2799	629	9	been	be	AUX
taxlaw-2799	629	10	accepted	accept	VERB
taxlaw-2799	629	11	,	,	PUNCT
taxlaw-2799	629	12	the	the	DET
taxlaw-2799	629	13	cme	cme	NOUN
taxlaw-2799	629	14	becomes	become	VERB
taxlaw-2799	629	15	the	the	DET
taxlaw-2799	629	16	legal	legal	ADJ
taxlaw-2799	629	17	counterparty	counterparty	NOUN
taxlaw-2799	629	18	to	to	ADP
taxlaw-2799	629	19	the	the	DET
taxlaw-2799	629	20	contract	contract	NOUN
taxlaw-2799	629	21	in	in	ADP
taxlaw-2799	629	22	its	its	PRON
taxlaw-2799	629	23	capacity	capacity	NOUN
taxlaw-2799	629	24	as	as	ADP
taxlaw-2799	629	25	a	a	DET
taxlaw-2799	629	26	clearinghouse	clearinghouse	NOUN
taxlaw-2799	629	27	.	.	PUNCT
taxlaw-2799	630	1	in	in	ADP
taxlaw-2799	630	2	december	december	PROPN
taxlaw-2799	630	3	2008	2008	NUM
taxlaw-2799	630	4	the	the	DET
taxlaw-2799	630	5	cme	cme	PROPN
taxlaw-2799	630	6	certified	certify	VERB
taxlaw-2799	630	7	plans	plan	NOUN
taxlaw-2799	630	8	to	to	PART
taxlaw-2799	630	9	provide	provide	VERB
taxlaw-2799	630	10	clearing	clearing	NOUN
taxlaw-2799	630	11	services	service	NOUN
taxlaw-2799	630	12	for	for	ADP
taxlaw-2799	630	13	cds	cd	NOUN
taxlaw-2799	630	14	,	,	PUNCT
taxlaw-2799	630	15	and	and	CCONJ
taxlaw-2799	630	16	in	in	ADP
taxlaw-2799	630	17	march	march	PROPN
taxlaw-2799	630	18	2009	2009	NUM
taxlaw-2799	630	19	,	,	PUNCT
taxlaw-2799	630	20	temporary	temporary	ADJ
taxlaw-2799	630	21	regulatory	regulatory	ADJ
taxlaw-2799	630	22	approval	approval	NOUN
taxlaw-2799	630	23	(	(	PUNCT
taxlaw-2799	630	24	since	since	SCONJ
taxlaw-2799	630	25	renewed	renew	VERB
taxlaw-2799	630	26	)	)	PUNCT
taxlaw-2799	630	27	was	be	AUX
taxlaw-2799	630	28	granted	grant	VERB
taxlaw-2799	630	29	to	to	PART
taxlaw-2799	630	30	allow	allow	VERB
taxlaw-2799	630	31	the	the	DET
taxlaw-2799	630	32	cme	cme	NOUN
taxlaw-2799	630	33	to	to	PART
taxlaw-2799	630	34	perform	perform	VERB
taxlaw-2799	630	35	the	the	DET
taxlaw-2799	630	36	functions	function	NOUN
taxlaw-2799	630	37	of	of	ADP
taxlaw-2799	630	38	a	a	DET
taxlaw-2799	630	39	clearing	clearing	NOUN
taxlaw-2799	630	40	agency	agency	NOUN
taxlaw-2799	630	41	for	for	ADP
taxlaw-2799	630	42	cleared	clear	VERB
taxlaw-2799	630	43	cds	cd	NOUN
taxlaw-2799	630	44	,	,	PUNCT
taxlaw-2799	630	45	subject	subject	ADJ
taxlaw-2799	630	46	to	to	ADP
taxlaw-2799	630	47	various	various	ADJ
taxlaw-2799	630	48	conditions.50	conditions.50	PROPN
taxlaw-2799	630	49	the	the	DET
taxlaw-2799	630	50	cme	cme	PROPN
taxlaw-2799	630	51	began	begin	VERB
taxlaw-2799	630	52	clearing	clear	VERB
taxlaw-2799	630	53	cds	cd	NOUN
taxlaw-2799	630	54	in	in	ADP
taxlaw-2799	630	55	december	december	PROPN
taxlaw-2799	630	56	2009	2009	NUM
taxlaw-2799	630	57	,	,	PUNCT
taxlaw-2799	630	58	and	and	CCONJ
taxlaw-2799	630	59	it	it	PRON
taxlaw-2799	630	60	now	now	ADV
taxlaw-2799	630	61	clears	clear	VERB
taxlaw-2799	630	62	index	index	NOUN
taxlaw-2799	630	63	cds	cd	NOUN
taxlaw-2799	630	64	.	.	PUNCT
taxlaw-2799	631	1	as	as	ADP
taxlaw-2799	631	2	of	of	ADP
taxlaw-2799	631	3	the	the	DET
taxlaw-2799	631	4	end	end	NOUN
taxlaw-2799	631	5	of	of	ADP
taxlaw-2799	631	6	september	september	PROPN
taxlaw-2799	631	7	2010	2010	NUM
taxlaw-2799	631	8	,	,	PUNCT
taxlaw-2799	631	9	the	the	DET
taxlaw-2799	631	10	cme	cme	PROPN
taxlaw-2799	631	11	reported	report	VERB
taxlaw-2799	631	12	total	total	ADJ
taxlaw-2799	631	13	open	open	ADJ
taxlaw-2799	631	14	interest	interest	NOUN
taxlaw-2799	631	15	in	in	ADP
taxlaw-2799	631	16	cleared	clear	VERB
taxlaw-2799	631	17	cds	cd	NOUN
taxlaw-2799	631	18	of	of	ADP
taxlaw-2799	631	19	$	$	SYM
taxlaw-2799	631	20	35	35	NUM
taxlaw-2799	631	21	million.51	million.51	NOUN
taxlaw-2799	631	22	margin	margin	NOUN
taxlaw-2799	631	23	provided	provide	VERB
taxlaw-2799	631	24	by	by	ADP
taxlaw-2799	631	25	clearing	clear	VERB
taxlaw-2799	631	26	members	member	NOUN
taxlaw-2799	631	27	in	in	ADP
taxlaw-2799	631	28	respect	respect	NOUN
taxlaw-2799	631	29	of	of	ADP
taxlaw-2799	631	30	cds	cd	NOUN
taxlaw-2799	631	31	currently	currently	ADV
taxlaw-2799	631	32	is	be	AUX
taxlaw-2799	631	33	held	hold	VERB
taxlaw-2799	631	34	in	in	ADP
taxlaw-2799	631	35	a	a	DET
taxlaw-2799	631	36	segregated	segregated	ADJ
taxlaw-2799	631	37	account.52	account.52	NOUN
taxlaw-2799	631	38	the	the	DET
taxlaw-2799	631	39	cme	cme	NOUN
taxlaw-2799	631	40	has	have	VERB
taxlaw-2799	631	41	49	49	NUM
taxlaw-2799	631	42	a	a	DET
taxlaw-2799	631	43	point	point	NOUN
taxlaw-2799	631	44	that	that	PRON
taxlaw-2799	631	45	may	may	AUX
taxlaw-2799	631	46	be	be	AUX
taxlaw-2799	631	47	worth	worth	ADJ
taxlaw-2799	631	48	noting	note	VERB
taxlaw-2799	631	49	in	in	ADP
taxlaw-2799	631	50	this	this	DET
taxlaw-2799	631	51	regard	regard	NOUN
taxlaw-2799	631	52	is	be	AUX
taxlaw-2799	631	53	that	that	SCONJ
taxlaw-2799	631	54	the	the	DET
taxlaw-2799	631	55	cftc	cftc	PROPN
taxlaw-2799	631	56	regulates	regulate	VERB
taxlaw-2799	631	57	a	a	DET
taxlaw-2799	631	58	number	number	NOUN
taxlaw-2799	631	59	of	of	ADP
taxlaw-2799	631	60	different	different	ADJ
taxlaw-2799	631	61	types	type	NOUN
taxlaw-2799	631	62	of	of	ADP
taxlaw-2799	631	63	entities	entity	NOUN
taxlaw-2799	631	64	,	,	PUNCT
taxlaw-2799	631	65	of	of	ADP
taxlaw-2799	631	66	which	which	PRON
taxlaw-2799	631	67	dcms	dcms	NOUN
taxlaw-2799	631	68	and	and	CCONJ
taxlaw-2799	631	69	dcos	dco	NOUN
taxlaw-2799	631	70	are	be	AUX
taxlaw-2799	631	71	only	only	ADV
taxlaw-2799	631	72	two	two	NUM
taxlaw-2799	631	73	examples	example	NOUN
taxlaw-2799	631	74	.	.	PUNCT
taxlaw-2799	632	1	other	other	ADJ
taxlaw-2799	632	2	regulated	regulated	ADJ
taxlaw-2799	632	3	trading	trading	NOUN
taxlaw-2799	632	4	markets	market	NOUN
taxlaw-2799	632	5	include	include	VERB
taxlaw-2799	632	6	derivatives	derivative	NOUN
taxlaw-2799	632	7	transaction	transaction	NOUN
taxlaw-2799	632	8	execution	execution	NOUN
taxlaw-2799	632	9	facilities	facility	NOUN
taxlaw-2799	632	10	(	(	PUNCT
taxlaw-2799	632	11	“	"	PUNCT
taxlaw-2799	632	12	dtefs	dtef	NOUN
taxlaw-2799	632	13	”	"	PUNCT
taxlaw-2799	632	14	)	)	PUNCT
taxlaw-2799	632	15	,	,	PUNCT
taxlaw-2799	632	16	which	which	PRON
taxlaw-2799	632	17	are	be	AUX
taxlaw-2799	632	18	trading	trade	VERB
taxlaw-2799	632	19	facilities	facility	NOUN
taxlaw-2799	632	20	with	with	ADP
taxlaw-2799	632	21	a	a	DET
taxlaw-2799	632	22	lower	low	ADJ
taxlaw-2799	632	23	level	level	NOUN
taxlaw-2799	632	24	of	of	ADP
taxlaw-2799	632	25	regulation	regulation	NOUN
taxlaw-2799	632	26	;	;	PUNCT
taxlaw-2799	632	27	exempt	exempt	ADJ
taxlaw-2799	632	28	boards	board	NOUN
taxlaw-2799	632	29	of	of	ADP
taxlaw-2799	632	30	trade	trade	NOUN
taxlaw-2799	632	31	(	(	PUNCT
taxlaw-2799	632	32	“	"	PUNCT
taxlaw-2799	632	33	ebots	ebot	NOUN
taxlaw-2799	632	34	”	"	PUNCT
taxlaw-2799	632	35	)	)	PUNCT
taxlaw-2799	632	36	,	,	PUNCT
taxlaw-2799	632	37	which	which	PRON
taxlaw-2799	632	38	limit	limit	VERB
taxlaw-2799	632	39	transactions	transaction	NOUN
taxlaw-2799	632	40	to	to	ADP
taxlaw-2799	632	41	selected	select	VERB
taxlaw-2799	632	42	participants	participant	NOUN
taxlaw-2799	632	43	and	and	CCONJ
taxlaw-2799	632	44	commodities	commodity	NOUN
taxlaw-2799	632	45	;	;	PUNCT
taxlaw-2799	632	46	and	and	CCONJ
taxlaw-2799	632	47	exempt	exempt	ADJ
taxlaw-2799	632	48	commercial	commercial	ADJ
taxlaw-2799	632	49	markets	market	NOUN
taxlaw-2799	632	50	(	(	PUNCT
taxlaw-2799	632	51	“	"	PUNCT
taxlaw-2799	632	52	ecms	ecms	NOUN
taxlaw-2799	632	53	”	"	PUNCT
taxlaw-2799	632	54	)	)	PUNCT
taxlaw-2799	632	55	,	,	PUNCT
taxlaw-2799	632	56	which	which	PRON
taxlaw-2799	632	57	limit	limit	VERB
taxlaw-2799	632	58	trading	trading	NOUN
taxlaw-2799	632	59	to	to	ADP
taxlaw-2799	632	60	principal	principal	NOUN
taxlaw-2799	632	61	-	-	PUNCT
taxlaw-2799	632	62	to	to	ADP
taxlaw-2799	632	63	-	-	PUNCT
taxlaw-2799	632	64	principal	principal	ADJ
taxlaw-2799	632	65	transactions	transaction	NOUN
taxlaw-2799	632	66	between	between	ADP
taxlaw-2799	632	67	selected	select	VERB
taxlaw-2799	632	68	participants	participant	NOUN
taxlaw-2799	632	69	on	on	ADP
taxlaw-2799	632	70	selected	select	VERB
taxlaw-2799	632	71	commodities	commodity	NOUN
taxlaw-2799	632	72	.	.	PUNCT
taxlaw-2799	633	1	see	see	VERB
taxlaw-2799	633	2	generally	generally	ADV
taxlaw-2799	633	3	trading	trading	NOUN
taxlaw-2799	633	4	organizations	organization	NOUN
taxlaw-2799	633	5	,	,	PUNCT
taxlaw-2799	633	6	u.s	u.s	PROPN
taxlaw-2799	633	7	.	.	PROPN
taxlaw-2799	633	8	commodity	commodity	NOUN
taxlaw-2799	633	9	futures	future	NOUN
taxlaw-2799	633	10	trading	trading	NOUN
taxlaw-2799	633	11	comm’n	comm’n	NOUN
taxlaw-2799	633	12	,	,	PUNCT
taxlaw-2799	633	13	http://www.cftc.gov/industryoversight/tradingorganizations/index.htm	http://www.cftc.gov/industryoversight/tradingorganizations/index.htm	AUX
taxlaw-2799	633	14	(	(	PUNCT
taxlaw-2799	633	15	last	last	ADJ
taxlaw-2799	633	16	visited	visit	VERB
taxlaw-2799	633	17	dec	dec	PROPN
taxlaw-2799	633	18	.	.	PROPN
taxlaw-2799	633	19	31	31	NUM
taxlaw-2799	633	20	,	,	PUNCT
taxlaw-2799	633	21	2010	2010	NUM
taxlaw-2799	633	22	)	)	PUNCT
taxlaw-2799	633	23	;	;	PUNCT
taxlaw-2799	633	24	see	see	VERB
taxlaw-2799	633	25	also	also	ADV
taxlaw-2799	633	26	andrea	andrea	PROPN
taxlaw-2799	633	27	s.	s.	PROPN
taxlaw-2799	633	28	kramer	kramer	PROPN
taxlaw-2799	633	29	,	,	PUNCT
taxlaw-2799	633	30	financial	financial	ADJ
taxlaw-2799	633	31	products	product	NOUN
taxlaw-2799	633	32	:	:	PUNCT
taxlaw-2799	633	33	taxation	taxation	NOUN
taxlaw-2799	633	34	,	,	PUNCT
taxlaw-2799	633	35	regulation	regulation	NOUN
taxlaw-2799	633	36	,	,	PUNCT
taxlaw-2799	633	37	and	and	CCONJ
taxlaw-2799	633	38	design	design	VERB
taxlaw-2799	633	39	§	§	PROPN
taxlaw-2799	633	40	4.02	4.02	NUM
taxlaw-2799	633	41	(	(	PUNCT
taxlaw-2799	633	42	types	type	NOUN
taxlaw-2799	633	43	of	of	ADP
taxlaw-2799	633	44	commodities	commodity	NOUN
taxlaw-2799	633	45	markets	market	NOUN
taxlaw-2799	633	46	)	)	PUNCT
taxlaw-2799	633	47	,	,	PUNCT
taxlaw-2799	633	48	§	§	PROPN
taxlaw-2799	633	49	62.01	62.01	NUM
taxlaw-2799	633	50	(	(	PUNCT
taxlaw-2799	633	51	discussion	discussion	NOUN
taxlaw-2799	633	52	of	of	ADP
taxlaw-2799	633	53	qualified	qualified	ADJ
taxlaw-2799	633	54	boards	board	NOUN
taxlaw-2799	633	55	or	or	CCONJ
taxlaw-2799	633	56	exchanges	exchange	NOUN
taxlaw-2799	633	57	)	)	PUNCT
taxlaw-2799	633	58	(	(	PUNCT
taxlaw-2799	633	59	cch	cch	NOUN
taxlaw-2799	633	60	3d	3d	NUM
taxlaw-2799	633	61	ed	ed	NOUN
taxlaw-2799	633	62	.	.	PUNCT
taxlaw-2799	633	63	2006	2006	NUM
taxlaw-2799	633	64	)	)	PUNCT
taxlaw-2799	633	65	;	;	PUNCT
taxlaw-2799	633	66	william	william	PROPN
taxlaw-2799	633	67	r.	r.	PROPN
taxlaw-2799	633	68	pomierski	pomierski	PROPN
taxlaw-2799	633	69	,	,	PUNCT
taxlaw-2799	633	70	special	special	ADJ
taxlaw-2799	633	71	rules	rule	NOUN
taxlaw-2799	633	72	for	for	ADP
taxlaw-2799	633	73	certain	certain	ADJ
taxlaw-2799	633	74	energy	energy	NOUN
taxlaw-2799	633	75	futures	future	NOUN
taxlaw-2799	633	76	contracts	contract	NOUN
taxlaw-2799	633	77	and	and	CCONJ
taxlaw-2799	633	78	options	option	NOUN
taxlaw-2799	633	79	,	,	PUNCT
taxlaw-2799	633	80	in	in	ADP
taxlaw-2799	633	81	energy	energy	NOUN
taxlaw-2799	633	82	and	and	CCONJ
taxlaw-2799	633	83	environmental	environmental	ADJ
taxlaw-2799	633	84	trading	trading	NOUN
taxlaw-2799	633	85	:	:	PUNCT
taxlaw-2799	633	86	us	us	PROPN
taxlaw-2799	633	87	law	law	NOUN
taxlaw-2799	633	88	and	and	CCONJ
taxlaw-2799	633	89	taxation	taxation	NOUN
taxlaw-2799	633	90	ch	ch	NOUN
taxlaw-2799	633	91	.	.	PROPN
taxlaw-2799	633	92	18	18	NUM
taxlaw-2799	633	93	(	(	PUNCT
taxlaw-2799	633	94	andrea	andrea	PROPN
taxlaw-2799	633	95	s.	s.	PROPN
taxlaw-2799	633	96	kramer	kramer	PROPN
taxlaw-2799	633	97	&	&	CCONJ
taxlaw-2799	633	98	peter	peter	PROPN
taxlaw-2799	633	99	c.	c.	PROPN
taxlaw-2799	633	100	fusaro	fusaro	PROPN
taxlaw-2799	633	101	eds	ed	NOUN
taxlaw-2799	633	102	.	.	PROPN
taxlaw-2799	633	103	,	,	PUNCT
taxlaw-2799	633	104	cameron	cameron	PROPN
taxlaw-2799	633	105	2008	2008	NUM
taxlaw-2799	633	106	)	)	PUNCT
taxlaw-2799	633	107	.	.	PUNCT
taxlaw-2799	634	1	additional	additional	ADJ
taxlaw-2799	634	2	types	type	NOUN
taxlaw-2799	634	3	of	of	ADP
taxlaw-2799	634	4	trading	trading	NOUN
taxlaw-2799	634	5	markets	market	NOUN
taxlaw-2799	634	6	and	and	CCONJ
taxlaw-2799	634	7	related	relate	VERB
taxlaw-2799	634	8	acronyms	acronym	NOUN
taxlaw-2799	634	9	can	can	AUX
taxlaw-2799	634	10	be	be	AUX
taxlaw-2799	634	11	expected	expect	VERB
taxlaw-2799	634	12	to	to	PART
taxlaw-2799	634	13	be	be	AUX
taxlaw-2799	634	14	added	add	VERB
taxlaw-2799	634	15	as	as	ADP
taxlaw-2799	634	16	a	a	DET
taxlaw-2799	634	17	result	result	NOUN
taxlaw-2799	634	18	of	of	ADP
taxlaw-2799	634	19	the	the	DET
taxlaw-2799	634	20	enactment	enactment	NOUN
taxlaw-2799	634	21	of	of	ADP
taxlaw-2799	634	22	dodd	dodd	PROPN
taxlaw-2799	634	23	-	-	PUNCT
taxlaw-2799	634	24	frank	frank	PROPN
taxlaw-2799	634	25	.	.	PUNCT
taxlaw-2799	635	1	50	50	NUM
taxlaw-2799	635	2	see	see	VERB
taxlaw-2799	635	3	cftc	cftc	PROPN
taxlaw-2799	635	4	announces	announce	VERB
taxlaw-2799	635	5	that	that	SCONJ
taxlaw-2799	635	6	cme	cme	PROPN
taxlaw-2799	635	7	has	have	AUX
taxlaw-2799	635	8	certified	certify	VERB
taxlaw-2799	635	9	a	a	DET
taxlaw-2799	635	10	proposal	proposal	NOUN
taxlaw-2799	635	11	to	to	PART
taxlaw-2799	635	12	clear	clear	VERB
taxlaw-2799	635	13	credit	credit	NOUN
taxlaw-2799	635	14	default	default	NOUN
taxlaw-2799	635	15	swaps	swap	NOUN
taxlaw-2799	635	16	(	(	PUNCT
taxlaw-2799	635	17	dec	dec	PROPN
taxlaw-2799	635	18	.	.	PROPN
taxlaw-2799	635	19	23	23	NUM
taxlaw-2799	635	20	,	,	PUNCT
taxlaw-2799	635	21	2008	2008	NUM
taxlaw-2799	635	22	)	)	PUNCT
taxlaw-2799	635	23	,	,	PUNCT
taxlaw-2799	635	24	http://www.cftc.gov/pressroom/pressreleases/pr559208.html	http://www.cftc.gov/pressroom/pressreleases/pr559208.html	PUNCT
taxlaw-2799	635	25	(	(	PUNCT
taxlaw-2799	635	26	last	last	ADV
taxlaw-2799	635	27	visited	visit	VERB
taxlaw-2799	635	28	dec	dec	PROPN
taxlaw-2799	635	29	.	.	PROPN
taxlaw-2799	635	30	31	31	NUM
taxlaw-2799	635	31	,	,	PUNCT
taxlaw-2799	635	32	2010	2010	NUM
taxlaw-2799	635	33	)	)	PUNCT
taxlaw-2799	635	34	;	;	PUNCT
taxlaw-2799	635	35	order	order	NOUN
taxlaw-2799	635	36	granting	grant	VERB
taxlaw-2799	635	37	temporary	temporary	ADJ
taxlaw-2799	635	38	exemptions	exemption	NOUN
taxlaw-2799	635	39	under	under	ADP
taxlaw-2799	635	40	the	the	DET
taxlaw-2799	635	41	securities	security	NOUN
taxlaw-2799	635	42	exchange	exchange	PROPN
taxlaw-2799	635	43	act	act	NOUN
taxlaw-2799	635	44	of	of	ADP
taxlaw-2799	635	45	1934	1934	NUM
taxlaw-2799	635	46	in	in	ADP
taxlaw-2799	635	47	connection	connection	NOUN
taxlaw-2799	635	48	with	with	ADP
taxlaw-2799	635	49	request	request	NOUN
taxlaw-2799	635	50	of	of	ADP
taxlaw-2799	635	51	chicago	chicago	PROPN
taxlaw-2799	635	52	mercantile	mercantile	PROPN
taxlaw-2799	635	53	exchange	exchange	PROPN
taxlaw-2799	635	54	related	relate	VERB
taxlaw-2799	635	55	to	to	ADP
taxlaw-2799	635	56	central	central	ADJ
taxlaw-2799	635	57	clearing	clearing	NOUN
taxlaw-2799	635	58	of	of	ADP
taxlaw-2799	635	59	credit	credit	NOUN
taxlaw-2799	635	60	default	default	NOUN
taxlaw-2799	635	61	swaps	swap	NOUN
taxlaw-2799	635	62	,	,	PUNCT
taxlaw-2799	635	63	74	74	NUM
taxlaw-2799	635	64	fed	feed	VERB
taxlaw-2799	635	65	.	.	PUNCT
taxlaw-2799	636	1	reg	reg	PROPN
taxlaw-2799	636	2	.	.	PUNCT
taxlaw-2799	637	1	11781	11781	NUM
taxlaw-2799	637	2	(	(	PUNCT
taxlaw-2799	637	3	mar	mar	PROPN
taxlaw-2799	637	4	.	.	PROPN
taxlaw-2799	637	5	19	19	NUM
taxlaw-2799	637	6	,	,	PUNCT
taxlaw-2799	637	7	2009	2009	NUM
taxlaw-2799	637	8	)	)	PUNCT
taxlaw-2799	637	9	.	.	PUNCT
taxlaw-2799	638	1	as	as	SCONJ
taxlaw-2799	638	2	these	these	DET
taxlaw-2799	638	3	approvals	approval	NOUN
taxlaw-2799	638	4	indicate	indicate	VERB
taxlaw-2799	638	5	,	,	PUNCT
taxlaw-2799	638	6	the	the	DET
taxlaw-2799	638	7	cme	cme	PROPN
taxlaw-2799	638	8	clearinghouse	clearinghouse	NOUN
taxlaw-2799	638	9	operates	operate	VERB
taxlaw-2799	638	10	,	,	PUNCT
taxlaw-2799	638	11	as	as	SCONJ
taxlaw-2799	638	12	contemplated	contemplate	VERB
taxlaw-2799	638	13	by	by	ADP
taxlaw-2799	638	14	the	the	DET
taxlaw-2799	638	15	mou	mou	PROPN
taxlaw-2799	638	16	,	,	PUNCT
taxlaw-2799	638	17	as	as	ADP
taxlaw-2799	638	18	a	a	DET
taxlaw-2799	638	19	dco	dco	ADJ
taxlaw-2799	638	20	and	and	CCONJ
taxlaw-2799	638	21	as	as	ADP
taxlaw-2799	638	22	a	a	DET
taxlaw-2799	638	23	clearing	clearing	NOUN
taxlaw-2799	638	24	agency	agency	NOUN
taxlaw-2799	638	25	.	.	PUNCT
taxlaw-2799	639	1	51	51	NUM
taxlaw-2799	639	2	see	see	VERB
taxlaw-2799	639	3	cme	cme	PROPN
taxlaw-2799	639	4	group	group	NOUN
taxlaw-2799	639	5	,	,	PUNCT
taxlaw-2799	639	6	cds	cds	PROPN
taxlaw-2799	639	7	market	market	NOUN
taxlaw-2799	639	8	data	datum	NOUN
taxlaw-2799	639	9	reports	report	NOUN
taxlaw-2799	639	10	,	,	PUNCT
taxlaw-2799	639	11	http://www.cmegroup.com/trading/cds/cds-data.html	http://www.cmegroup.com/trading/cds/cds-data.html	PROPN
taxlaw-2799	639	12	(	(	PUNCT
taxlaw-2799	639	13	last	last	ADV
taxlaw-2799	639	14	visited	visit	VERB
taxlaw-2799	639	15	dec	dec	PROPN
taxlaw-2799	639	16	.	.	PROPN
taxlaw-2799	639	17	31	31	NUM
taxlaw-2799	639	18	,	,	PUNCT
taxlaw-2799	639	19	2010	2010	NUM
taxlaw-2799	639	20	)	)	PUNCT
taxlaw-2799	639	21	.	.	PUNCT
taxlaw-2799	640	1	52	52	NUM
taxlaw-2799	640	2	very	very	ADV
taxlaw-2799	640	3	generally	generally	ADV
taxlaw-2799	640	4	speaking	speak	VERB
taxlaw-2799	640	5	,	,	PUNCT
taxlaw-2799	640	6	customers	customer	NOUN
taxlaw-2799	640	7	clearing	clear	VERB
taxlaw-2799	640	8	cds	cd	NOUN
taxlaw-2799	640	9	through	through	ADP
taxlaw-2799	640	10	the	the	DET
taxlaw-2799	640	11	cme	cme	NOUN
taxlaw-2799	640	12	maintain	maintain	VERB
taxlaw-2799	640	13	a	a	DET
taxlaw-2799	640	14	clearing	clearing	NOUN
taxlaw-2799	640	15	relationship	relationship	NOUN
taxlaw-2799	640	16	with	with	ADP
taxlaw-2799	640	17	a	a	DET
taxlaw-2799	640	18	futures	future	NOUN
taxlaw-2799	640	19	commission	commission	NOUN
taxlaw-2799	640	20	merchant	merchant	NOUN
taxlaw-2799	640	21	(	(	PUNCT
taxlaw-2799	640	22	an	an	DET
taxlaw-2799	640	23	“	"	PUNCT
taxlaw-2799	640	24	fcm	fcm	X
taxlaw-2799	640	25	”	"	PUNCT
taxlaw-2799	640	26	)	)	PUNCT
taxlaw-2799	640	27	,	,	PUNCT
taxlaw-2799	640	28	which	which	PRON
taxlaw-2799	640	29	serves	serve	VERB
taxlaw-2799	640	30	as	as	ADP
taxlaw-2799	640	31	the	the	DET
taxlaw-2799	640	32	customers	customer	NOUN
taxlaw-2799	640	33	’	’	PART
taxlaw-2799	640	34	agent	agent	NOUN
taxlaw-2799	640	35	and	and	CCONJ
taxlaw-2799	640	36	guarantor	guarantor	NOUN
taxlaw-2799	640	37	in	in	ADP
taxlaw-2799	640	38	respect	respect	NOUN
taxlaw-2799	640	39	of	of	ADP
taxlaw-2799	640	40	cleared	clear	VERB
taxlaw-2799	640	41	cds	cd	NOUN
taxlaw-2799	640	42	.	.	PUNCT
taxlaw-2799	641	1	from	from	ADP
taxlaw-2799	641	2	the	the	DET
taxlaw-2799	641	3	cme	cme	PROPN
taxlaw-2799	641	4	’s	’s	PART
taxlaw-2799	641	5	perspective	perspective	NOUN
taxlaw-2799	641	6	,	,	PUNCT
taxlaw-2799	641	7	its	its	PRON
taxlaw-2799	641	8	counterparty	counterparty	NOUN
taxlaw-2799	641	9	for	for	ADP
taxlaw-2799	641	10	cleared	clear	VERB
taxlaw-2799	641	11	cds	cd	NOUN
taxlaw-2799	641	12	consists	consist	VERB
taxlaw-2799	641	13	of	of	ADP
taxlaw-2799	641	14	each	each	DET
taxlaw-2799	641	15	clearing	clearing	NOUN
taxlaw-2799	641	16	member	member	NOUN
taxlaw-2799	641	17	,	,	PUNCT
taxlaw-2799	641	18	with	with	ADP
taxlaw-2799	641	19	the	the	DET
taxlaw-2799	641	20	clearing	clearing	NOUN
taxlaw-2799	641	21	member	member	NOUN
taxlaw-2799	641	22	acting	act	VERB
taxlaw-2799	641	23	as	as	ADP
taxlaw-2799	641	24	agent	agent	NOUN
taxlaw-2799	641	25	for	for	ADP
taxlaw-2799	641	26	unidentified	unidentified	ADJ
taxlaw-2799	641	27	principals	principal	NOUN
taxlaw-2799	641	28	—	—	PUNCT
taxlaw-2799	641	29	e.g.	e.g.	ADV
taxlaw-2799	641	30	,	,	PUNCT
taxlaw-2799	641	31	the	the	DET
taxlaw-2799	641	32	customers	customer	NOUN
taxlaw-2799	641	33	.	.	PUNCT
taxlaw-2799	642	1	thus	thus	ADV
taxlaw-2799	642	2	,	,	PUNCT
taxlaw-2799	642	3	the	the	DET
taxlaw-2799	642	4	cme	cme	NOUN
taxlaw-2799	642	5	clearing	clearing	NOUN
taxlaw-2799	642	6	arrangements	arrangement	NOUN
taxlaw-2799	642	7	for	for	ADP
taxlaw-2799	642	8	cds	cd	NOUN
taxlaw-2799	642	9	resemble	resemble	VERB
taxlaw-2799	642	10	those	those	PRON
taxlaw-2799	642	11	for	for	ADP
taxlaw-2799	642	12	futures	future	NOUN
taxlaw-2799	642	13	contracts	contract	NOUN
taxlaw-2799	642	14	.	.	PUNCT
taxlaw-2799	643	1	under	under	ADP
taxlaw-2799	643	2	applicable	applicable	ADJ
taxlaw-2799	643	3	law	law	NOUN
taxlaw-2799	643	4	,	,	PUNCT
taxlaw-2799	643	5	fcms	fcms	NOUN
taxlaw-2799	643	6	2011	2011	NUM
taxlaw-2799	643	7	]	]	PUNCT
taxlaw-2799	643	8	ew	ew	AUX
taxlaw-2799	643	9	tax	tax	NOUN
taxlaw-2799	643	10	issues	issue	NOUN
taxlaw-2799	643	11	arisi	arisi	VERB
taxlaw-2799	643	12	g	g	PROPN
taxlaw-2799	643	13	from	from	ADP
taxlaw-2799	643	14	the	the	DET
taxlaw-2799	643	15	dodd	dodd	NOUN
taxlaw-2799	643	16	-	-	PUNCT
taxlaw-2799	643	17	fra	fra	PROPN
taxlaw-2799	643	18	k	k	PROPN
taxlaw-2799	643	19	act	act	PROPN
taxlaw-2799	643	20	31	31	NUM
taxlaw-2799	643	21	submitted	submit	VERB
taxlaw-2799	643	22	a	a	DET
taxlaw-2799	643	23	request	request	NOUN
taxlaw-2799	643	24	for	for	ADP
taxlaw-2799	643	25	permission	permission	NOUN
taxlaw-2799	643	26	to	to	PART
taxlaw-2799	643	27	commingle	commingle	VERB
taxlaw-2799	643	28	this	this	DET
taxlaw-2799	643	29	margin	margin	NOUN
taxlaw-2799	643	30	with	with	ADP
taxlaw-2799	643	31	margin	margin	NOUN
taxlaw-2799	643	32	securing	secure	VERB
taxlaw-2799	643	33	other	other	ADJ
taxlaw-2799	643	34	types	type	NOUN
taxlaw-2799	643	35	of	of	ADP
taxlaw-2799	643	36	derivatives	derivative	NOUN
taxlaw-2799	643	37	traded	trade	VERB
taxlaw-2799	643	38	by	by	ADP
taxlaw-2799	643	39	the	the	DET
taxlaw-2799	643	40	cme	cme	PROPN
taxlaw-2799	643	41	.	.	PUNCT
taxlaw-2799	644	1	several	several	ADJ
taxlaw-2799	644	2	chapters	chapter	NOUN
taxlaw-2799	644	3	of	of	ADP
taxlaw-2799	644	4	the	the	DET
taxlaw-2799	644	5	cme	cme	PROPN
taxlaw-2799	644	6	rulebook	rulebook	NOUN
taxlaw-2799	644	7	deal	deal	NOUN
taxlaw-2799	644	8	with	with	ADP
taxlaw-2799	644	9	clearing	clearing	NOUN
taxlaw-2799	644	10	.	.	PUNCT
taxlaw-2799	645	1	those	those	DET
taxlaw-2799	645	2	rules	rule	NOUN
taxlaw-2799	645	3	provide	provide	VERB
taxlaw-2799	645	4	that	that	SCONJ
taxlaw-2799	645	5	the	the	DET
taxlaw-2799	645	6	exchange	exchange	NOUN
taxlaw-2799	645	7	shall	shall	AUX
taxlaw-2799	645	8	maintain	maintain	VERB
taxlaw-2799	645	9	and	and	CCONJ
taxlaw-2799	645	10	operate	operate	VERB
taxlaw-2799	645	11	a	a	DET
taxlaw-2799	645	12	clearing	clearing	NOUN
taxlaw-2799	645	13	house	house	NOUN
taxlaw-2799	645	14	.	.	PUNCT
taxlaw-2799	646	1	chapter	chapter	NOUN
taxlaw-2799	646	2	8f	8f	NOUN
taxlaw-2799	646	3	of	of	ADP
taxlaw-2799	646	4	the	the	DET
taxlaw-2799	646	5	cme	cme	NOUN
taxlaw-2799	646	6	rulebook	rulebook	NOUN
taxlaw-2799	646	7	deals	deal	NOUN
taxlaw-2799	646	8	with	with	ADP
taxlaw-2799	646	9	“	"	PUNCT
taxlaw-2799	646	10	over	over	ADP
taxlaw-2799	646	11	-	-	PUNCT
taxlaw-2799	646	12	the	the	DET
taxlaw-2799	646	13	-	-	PUNCT
taxlaw-2799	646	14	counter	counter	NOUN
taxlaw-2799	646	15	derivative	derivative	ADJ
taxlaw-2799	646	16	clearing	clearing	NOUN
taxlaw-2799	646	17	.	.	PUNCT
taxlaw-2799	646	18	”	"	PUNCT
taxlaw-2799	647	1	chapter	chapter	NOUN
taxlaw-2799	647	2	8f	8f	NOUN
taxlaw-2799	647	3	provides	provide	VERB
taxlaw-2799	647	4	rules	rule	NOUN
taxlaw-2799	647	5	for	for	ADP
taxlaw-2799	647	6	submitting	submit	VERB
taxlaw-2799	647	7	an	an	DET
taxlaw-2799	647	8	otc	otc	PROPN
taxlaw-2799	647	9	trade	trade	NOUN
taxlaw-2799	647	10	on	on	ADP
taxlaw-2799	647	11	clearport	clearport	NOUN
taxlaw-2799	647	12	and	and	CCONJ
taxlaw-2799	647	13	rules	rule	NOUN
taxlaw-2799	647	14	providing	provide	VERB
taxlaw-2799	647	15	for	for	ADP
taxlaw-2799	647	16	the	the	DET
taxlaw-2799	647	17	substitution	substitution	NOUN
taxlaw-2799	647	18	of	of	ADP
taxlaw-2799	647	19	the	the	DET
taxlaw-2799	647	20	cme	cme	PROPN
taxlaw-2799	647	21	as	as	ADP
taxlaw-2799	647	22	counterparty	counterparty	NOUN
taxlaw-2799	647	23	to	to	ADP
taxlaw-2799	647	24	each	each	DET
taxlaw-2799	647	25	side	side	NOUN
taxlaw-2799	647	26	of	of	ADP
taxlaw-2799	647	27	the	the	DET
taxlaw-2799	647	28	trade	trade	NOUN
taxlaw-2799	647	29	and	and	CCONJ
taxlaw-2799	647	30	the	the	DET
taxlaw-2799	647	31	clearing	clearing	NOUN
taxlaw-2799	647	32	house	house	NOUN
taxlaw-2799	647	33	’s	’s	PART
taxlaw-2799	647	34	guarantee	guarantee	NOUN
taxlaw-2799	647	35	of	of	ADP
taxlaw-2799	647	36	cleared	clear	VERB
taxlaw-2799	647	37	trades	trade	NOUN
taxlaw-2799	647	38	.	.	PUNCT
taxlaw-2799	648	1	chapter	chapter	NOUN
taxlaw-2799	648	2	801	801	NUM
taxlaw-2799	648	3	of	of	ADP
taxlaw-2799	648	4	the	the	DET
taxlaw-2799	648	5	cme	cme	PROPN
taxlaw-2799	648	6	rulebook	rulebook	NOUN
taxlaw-2799	648	7	deals	deal	NOUN
taxlaw-2799	648	8	specifically	specifically	ADV
taxlaw-2799	648	9	with	with	ADP
taxlaw-2799	648	10	clearing	clear	VERB
taxlaw-2799	648	11	cds	cd	NOUN
taxlaw-2799	648	12	.	.	PUNCT
taxlaw-2799	649	1	the	the	DET
taxlaw-2799	649	2	cme	cme	PROPN
taxlaw-2799	649	3	group	group	PROPN
taxlaw-2799	649	4	reports	report	VERB
taxlaw-2799	649	5	daily	daily	ADJ
taxlaw-2799	649	6	settlement	settlement	NOUN
taxlaw-2799	649	7	prices	price	NOUN
taxlaw-2799	649	8	,	,	PUNCT
taxlaw-2799	649	9	daily	daily	ADJ
taxlaw-2799	649	10	volume	volume	NOUN
taxlaw-2799	649	11	,	,	PUNCT
taxlaw-2799	649	12	open	open	ADJ
taxlaw-2799	649	13	interest	interest	NOUN
taxlaw-2799	649	14	and	and	CCONJ
taxlaw-2799	649	15	net	net	ADJ
taxlaw-2799	649	16	changes	change	NOUN
taxlaw-2799	649	17	therein	therein	ADV
taxlaw-2799	649	18	for	for	ADP
taxlaw-2799	649	19	otc	otc	PROPN
taxlaw-2799	649	20	swaps	swap	NOUN
taxlaw-2799	649	21	.	.	PUNCT
taxlaw-2799	650	1	the	the	DET
taxlaw-2799	650	2	cme	cme	PROPN
taxlaw-2799	650	3	group	group	NOUN
taxlaw-2799	650	4	does	do	AUX
taxlaw-2799	650	5	not	not	PART
taxlaw-2799	650	6	provide	provide	VERB
taxlaw-2799	650	7	bid	bid	NOUN
taxlaw-2799	650	8	/	/	SYM
taxlaw-2799	650	9	ask	ask	VERB
taxlaw-2799	650	10	prices	price	NOUN
taxlaw-2799	650	11	for	for	ADP
taxlaw-2799	650	12	cleared	clear	VERB
taxlaw-2799	650	13	swaps	swap	NOUN
taxlaw-2799	650	14	,	,	PUNCT
taxlaw-2799	650	15	as	as	SCONJ
taxlaw-2799	650	16	they	they	PRON
taxlaw-2799	650	17	are	be	AUX
taxlaw-2799	650	18	not	not	PART
taxlaw-2799	650	19	part	part	NOUN
taxlaw-2799	650	20	of	of	ADP
taxlaw-2799	650	21	the	the	DET
taxlaw-2799	650	22	open	open	ADJ
taxlaw-2799	650	23	outcry	outcry	NOUN
taxlaw-2799	650	24	or	or	CCONJ
taxlaw-2799	650	25	electronic	electronic	ADJ
taxlaw-2799	650	26	trading	trading	NOUN
taxlaw-2799	650	27	platform	platform	NOUN
taxlaw-2799	650	28	available	available	ADJ
taxlaw-2799	650	29	for	for	ADP
taxlaw-2799	650	30	futures	future	NOUN
taxlaw-2799	650	31	;	;	PUNCT
taxlaw-2799	650	32	instead	instead	ADV
taxlaw-2799	650	33	,	,	PUNCT
taxlaw-2799	650	34	bid	bid	VERB
taxlaw-2799	650	35	/	/	SYM
taxlaw-2799	650	36	ask	ask	NOUN
taxlaw-2799	650	37	quotes	quote	NOUN
taxlaw-2799	650	38	can	can	AUX
taxlaw-2799	650	39	be	be	AUX
taxlaw-2799	650	40	obtained	obtain	VERB
taxlaw-2799	650	41	by	by	ADP
taxlaw-2799	650	42	calling	call	VERB
taxlaw-2799	650	43	a	a	DET
taxlaw-2799	650	44	market	market	NOUN
taxlaw-2799	650	45	participant	participant	NOUN
taxlaw-2799	650	46	.	.	PUNCT
taxlaw-2799	651	1	3	3	X
taxlaw-2799	651	2	.	.	X
taxlaw-2799	651	3	clearing	clear	VERB
taxlaw-2799	651	4	interest	interest	NOUN
taxlaw-2799	651	5	rate	rate	NOUN
taxlaw-2799	651	6	swaps.53	swaps.53	PROPN
taxlaw-2799	651	7	like	like	ADP
taxlaw-2799	651	8	a	a	DET
taxlaw-2799	651	9	cleared	clear	VERB
taxlaw-2799	651	10	cds	cd	NOUN
taxlaw-2799	651	11	,	,	PUNCT
taxlaw-2799	651	12	a	a	DET
taxlaw-2799	651	13	cleared	clear	VERB
taxlaw-2799	651	14	interest	interest	NOUN
taxlaw-2799	651	15	rate	rate	NOUN
taxlaw-2799	651	16	swap	swap	NOUN
taxlaw-2799	651	17	is	be	AUX
taxlaw-2799	651	18	a	a	DET
taxlaw-2799	651	19	privately	privately	ADV
taxlaw-2799	651	20	negotiated	negotiate	VERB
taxlaw-2799	651	21	contract	contract	NOUN
taxlaw-2799	651	22	that	that	PRON
taxlaw-2799	651	23	is	be	AUX
taxlaw-2799	651	24	submitted	submit	VERB
taxlaw-2799	651	25	to	to	ADP
taxlaw-2799	651	26	a	a	DET
taxlaw-2799	651	27	clearinghouse	clearinghouse	NOUN
taxlaw-2799	651	28	.	.	PUNCT
taxlaw-2799	652	1	the	the	DET
taxlaw-2799	652	2	oldest	old	ADJ
taxlaw-2799	652	3	such	such	ADJ
taxlaw-2799	652	4	clearinghouse	clearinghouse	NOUN
taxlaw-2799	652	5	is	be	AUX
taxlaw-2799	652	6	known	know	VERB
taxlaw-2799	652	7	as	as	ADP
taxlaw-2799	652	8	lch.clearnet	lch.clearnet	PROPN
taxlaw-2799	652	9	.	.	PUNCT
taxlaw-2799	653	1	lch.clearnet	lch.clearnet	PROPN
taxlaw-2799	653	2	is	be	AUX
taxlaw-2799	653	3	an	an	DET
taxlaw-2799	653	4	independent	independent	ADJ
taxlaw-2799	653	5	clearinghouse	clearinghouse	NOUN
taxlaw-2799	653	6	.	.	PUNCT
taxlaw-2799	654	1	it	it	PRON
taxlaw-2799	654	2	clears	clear	VERB
taxlaw-2799	654	3	for	for	ADP
taxlaw-2799	654	4	many	many	ADJ
taxlaw-2799	654	5	exchanges	exchange	NOUN
taxlaw-2799	654	6	as	as	ADV
taxlaw-2799	654	7	well	well	ADV
taxlaw-2799	654	8	as	as	ADP
taxlaw-2799	654	9	clearing	clear	VERB
taxlaw-2799	654	10	non	non	ADJ
taxlaw-2799	654	11	-	-	ADJ
taxlaw-2799	654	12	exchange	exchange	NOUN
taxlaw-2799	654	13	-	-	PUNCT
taxlaw-2799	654	14	traded	trade	VERB
taxlaw-2799	654	15	contracts	contract	NOUN
taxlaw-2799	654	16	like	like	ADP
taxlaw-2799	654	17	interest	interest	NOUN
taxlaw-2799	654	18	rate	rate	NOUN
taxlaw-2799	654	19	swaps	swap	NOUN
taxlaw-2799	654	20	.	.	PUNCT
taxlaw-2799	655	1	generally	generally	ADV
taxlaw-2799	655	2	must	must	AUX
taxlaw-2799	655	3	segregate	segregate	VERB
taxlaw-2799	655	4	any	any	DET
taxlaw-2799	655	5	property	property	NOUN
taxlaw-2799	655	6	received	receive	VERB
taxlaw-2799	655	7	from	from	ADP
taxlaw-2799	655	8	a	a	DET
taxlaw-2799	655	9	customer	customer	NOUN
taxlaw-2799	655	10	as	as	ADP
taxlaw-2799	655	11	margin	margin	NOUN
taxlaw-2799	655	12	for	for	ADP
taxlaw-2799	655	13	various	various	ADJ
taxlaw-2799	655	14	categories	category	NOUN
taxlaw-2799	655	15	of	of	ADP
taxlaw-2799	655	16	derivatives	derivative	NOUN
taxlaw-2799	655	17	and	and	CCONJ
taxlaw-2799	655	18	hold	hold	VERB
taxlaw-2799	655	19	it	it	PRON
taxlaw-2799	655	20	in	in	ADP
taxlaw-2799	655	21	an	an	DET
taxlaw-2799	655	22	account	account	NOUN
taxlaw-2799	655	23	identified	identify	VERB
taxlaw-2799	655	24	as	as	ADP
taxlaw-2799	655	25	a	a	DET
taxlaw-2799	655	26	customer	customer	NOUN
taxlaw-2799	655	27	account	account	NOUN
taxlaw-2799	655	28	at	at	ADP
taxlaw-2799	655	29	a	a	DET
taxlaw-2799	655	30	qualified	qualified	ADJ
taxlaw-2799	655	31	financial	financial	ADJ
taxlaw-2799	655	32	institution	institution	NOUN
taxlaw-2799	655	33	.	.	PUNCT
taxlaw-2799	656	1	cftc	cftc	PROPN
taxlaw-2799	656	2	regulations	regulation	NOUN
taxlaw-2799	656	3	and	and	CCONJ
taxlaw-2799	656	4	cme	cme	PROPN
taxlaw-2799	656	5	rules	rule	NOUN
taxlaw-2799	656	6	impose	impose	VERB
taxlaw-2799	656	7	this	this	DET
taxlaw-2799	656	8	segregation	segregation	NOUN
taxlaw-2799	656	9	requirement	requirement	NOUN
taxlaw-2799	656	10	on	on	ADP
taxlaw-2799	656	11	margin	margin	NOUN
taxlaw-2799	656	12	provided	provide	VERB
taxlaw-2799	656	13	by	by	ADP
taxlaw-2799	656	14	cds	cd	NOUN
taxlaw-2799	656	15	customers	customer	NOUN
taxlaw-2799	656	16	.	.	PUNCT
taxlaw-2799	657	1	ice	ice	NOUN
taxlaw-2799	657	2	trust	trust	PROPN
taxlaw-2799	657	3	has	have	VERB
taxlaw-2799	657	4	a	a	DET
taxlaw-2799	657	5	different	different	ADJ
taxlaw-2799	657	6	structure	structure	NOUN
taxlaw-2799	657	7	.	.	PUNCT
taxlaw-2799	658	1	clearing	clear	VERB
taxlaw-2799	658	2	members	member	NOUN
taxlaw-2799	658	3	under	under	ADP
taxlaw-2799	658	4	ice	ice	NOUN
taxlaw-2799	658	5	trust	trust	PROPN
taxlaw-2799	658	6	’s	’s	PART
taxlaw-2799	658	7	clearing	clearing	NOUN
taxlaw-2799	658	8	framework	framework	NOUN
taxlaw-2799	658	9	act	act	NOUN
taxlaw-2799	658	10	as	as	ADP
taxlaw-2799	658	11	principals	principal	NOUN
taxlaw-2799	658	12	vis	vis	X
taxlaw-2799	658	13	-	-	ADJ
taxlaw-2799	658	14	à	à	X
taxlaw-2799	658	15	-	-	PUNCT
taxlaw-2799	658	16	vis	vis	X
taxlaw-2799	658	17	both	both	CCONJ
taxlaw-2799	658	18	the	the	DET
taxlaw-2799	658	19	clearinghouse	clearinghouse	NOUN
taxlaw-2799	658	20	and	and	CCONJ
taxlaw-2799	658	21	customers	customer	NOUN
taxlaw-2799	658	22	,	,	PUNCT
taxlaw-2799	658	23	rather	rather	ADV
taxlaw-2799	658	24	than	than	ADP
taxlaw-2799	658	25	as	as	ADP
taxlaw-2799	658	26	agents	agent	NOUN
taxlaw-2799	658	27	.	.	PUNCT
taxlaw-2799	659	1	if	if	SCONJ
taxlaw-2799	659	2	a	a	DET
taxlaw-2799	659	3	customer	customer	NOUN
taxlaw-2799	659	4	executes	execute	VERB
taxlaw-2799	659	5	a	a	DET
taxlaw-2799	659	6	cds	cds	NOUN
taxlaw-2799	659	7	trade	trade	NOUN
taxlaw-2799	659	8	with	with	ADP
taxlaw-2799	659	9	its	its	PRON
taxlaw-2799	659	10	clearing	clearing	NOUN
taxlaw-2799	659	11	member	member	NOUN
taxlaw-2799	659	12	that	that	SCONJ
taxlaw-2799	659	13	both	both	DET
taxlaw-2799	659	14	parties	party	NOUN
taxlaw-2799	659	15	agree	agree	VERB
taxlaw-2799	659	16	to	to	PART
taxlaw-2799	659	17	clear	clear	VERB
taxlaw-2799	659	18	through	through	ADP
taxlaw-2799	659	19	ice	ice	NOUN
taxlaw-2799	659	20	trust	trust	NOUN
taxlaw-2799	659	21	,	,	PUNCT
taxlaw-2799	659	22	the	the	DET
taxlaw-2799	659	23	result	result	NOUN
taxlaw-2799	659	24	of	of	ADP
taxlaw-2799	659	25	the	the	DET
taxlaw-2799	659	26	clearing	clearing	NOUN
taxlaw-2799	659	27	process	process	NOUN
taxlaw-2799	659	28	is	be	AUX
taxlaw-2799	659	29	that	that	SCONJ
taxlaw-2799	659	30	the	the	DET
taxlaw-2799	659	31	clearing	clearing	NOUN
taxlaw-2799	659	32	member	member	NOUN
taxlaw-2799	659	33	will	will	AUX
taxlaw-2799	659	34	have	have	VERB
taxlaw-2799	659	35	three	three	NUM
taxlaw-2799	659	36	principal	principal	ADJ
taxlaw-2799	659	37	trades	trade	NOUN
taxlaw-2799	659	38	open	open	ADJ
taxlaw-2799	659	39	–	–	PUNCT
taxlaw-2799	659	40	a	a	DET
taxlaw-2799	659	41	“	"	PUNCT
taxlaw-2799	659	42	customer	customer	NOUN
taxlaw-2799	659	43	”	"	PUNCT
taxlaw-2799	659	44	trade	trade	NOUN
taxlaw-2799	659	45	with	with	ADP
taxlaw-2799	659	46	ice	ice	NOUN
taxlaw-2799	659	47	trust	trust	NOUN
taxlaw-2799	659	48	(	(	PUNCT
taxlaw-2799	659	49	that	that	ADV
taxlaw-2799	659	50	is	is	ADV
taxlaw-2799	659	51	,	,	PUNCT
taxlaw-2799	659	52	a	a	DET
taxlaw-2799	659	53	clearing	clearing	NOUN
taxlaw-2799	659	54	member	member	NOUN
taxlaw-2799	659	55	-	-	PUNCT
taxlaw-2799	659	56	ice	ice	NOUN
taxlaw-2799	659	57	trust	trust	NOUN
taxlaw-2799	659	58	trade	trade	NOUN
taxlaw-2799	659	59	that	that	PRON
taxlaw-2799	659	60	is	be	AUX
taxlaw-2799	659	61	designated	designate	VERB
taxlaw-2799	659	62	as	as	ADP
taxlaw-2799	659	63	relating	relate	VERB
taxlaw-2799	659	64	to	to	ADP
taxlaw-2799	659	65	a	a	DET
taxlaw-2799	659	66	customer	customer	NOUN
taxlaw-2799	659	67	transaction	transaction	NOUN
taxlaw-2799	659	68	)	)	PUNCT
taxlaw-2799	659	69	that	that	PRON
taxlaw-2799	659	70	is	be	AUX
taxlaw-2799	659	71	offset	offset	VERB
taxlaw-2799	659	72	by	by	ADP
taxlaw-2799	659	73	a	a	DET
taxlaw-2799	659	74	back	back	NOUN
taxlaw-2799	659	75	-	-	PUNCT
taxlaw-2799	659	76	to	to	ADP
taxlaw-2799	659	77	-	-	PUNCT
taxlaw-2799	659	78	back	back	NOUN
taxlaw-2799	659	79	or	or	CCONJ
taxlaw-2799	659	80	mirror	mirror	NOUN
taxlaw-2799	659	81	trade	trade	NOUN
taxlaw-2799	659	82	with	with	ADP
taxlaw-2799	659	83	the	the	DET
taxlaw-2799	659	84	actual	actual	ADJ
taxlaw-2799	659	85	customer	customer	NOUN
taxlaw-2799	659	86	,	,	PUNCT
taxlaw-2799	659	87	and	and	CCONJ
taxlaw-2799	659	88	a	a	DET
taxlaw-2799	659	89	“	"	PUNCT
taxlaw-2799	659	90	house	house	NOUN
taxlaw-2799	659	91	”	"	PUNCT
taxlaw-2799	659	92	trade	trade	NOUN
taxlaw-2799	659	93	with	with	ADP
taxlaw-2799	659	94	ice	ice	NOUN
taxlaw-2799	659	95	trust	trust	NOUN
taxlaw-2799	659	96	that	that	PRON
taxlaw-2799	659	97	is	be	AUX
taxlaw-2799	659	98	the	the	DET
taxlaw-2799	659	99	real	real	ADJ
taxlaw-2799	659	100	risk	risk	NOUN
taxlaw-2799	659	101	position	position	NOUN
taxlaw-2799	659	102	for	for	ADP
taxlaw-2799	659	103	the	the	DET
taxlaw-2799	659	104	clearing	clearing	NOUN
taxlaw-2799	659	105	member	member	NOUN
taxlaw-2799	659	106	.	.	PUNCT
taxlaw-2799	660	1	(	(	PUNCT
taxlaw-2799	660	2	if	if	SCONJ
taxlaw-2799	660	3	the	the	DET
taxlaw-2799	660	4	clearing	clearing	NOUN
taxlaw-2799	660	5	member	member	NOUN
taxlaw-2799	660	6	is	be	AUX
taxlaw-2799	660	7	not	not	PART
taxlaw-2799	660	8	the	the	DET
taxlaw-2799	660	9	executing	execute	VERB
taxlaw-2799	660	10	dealer	dealer	NOUN
taxlaw-2799	660	11	,	,	PUNCT
taxlaw-2799	660	12	these	these	DET
taxlaw-2799	660	13	arrangements	arrangement	NOUN
taxlaw-2799	660	14	involve	involve	VERB
taxlaw-2799	660	15	four	four	NUM
taxlaw-2799	660	16	parties	party	NOUN
taxlaw-2799	660	17	rather	rather	ADV
taxlaw-2799	660	18	than	than	ADP
taxlaw-2799	660	19	three	three	NUM
taxlaw-2799	660	20	.	.	PUNCT
taxlaw-2799	660	21	)	)	PUNCT
taxlaw-2799	661	1	thus	thus	ADV
taxlaw-2799	661	2	,	,	PUNCT
taxlaw-2799	661	3	from	from	ADP
taxlaw-2799	661	4	ice	ice	NOUN
taxlaw-2799	661	5	trust	trust	PROPN
taxlaw-2799	661	6	’s	’s	PART
taxlaw-2799	661	7	perspective	perspective	NOUN
taxlaw-2799	661	8	it	it	PRON
taxlaw-2799	661	9	deals	deal	VERB
taxlaw-2799	661	10	with	with	ADP
taxlaw-2799	661	11	the	the	DET
taxlaw-2799	661	12	clearing	clearing	NOUN
taxlaw-2799	661	13	member	member	NOUN
taxlaw-2799	661	14	as	as	ADP
taxlaw-2799	661	15	a	a	DET
taxlaw-2799	661	16	principal	principal	NOUN
taxlaw-2799	661	17	,	,	PUNCT
taxlaw-2799	661	18	and	and	CCONJ
taxlaw-2799	661	19	from	from	ADP
taxlaw-2799	661	20	the	the	DET
taxlaw-2799	661	21	customer	customer	NOUN
taxlaw-2799	661	22	’s	’s	PART
taxlaw-2799	661	23	perspective	perspective	NOUN
taxlaw-2799	661	24	it	it	PRON
taxlaw-2799	661	25	too	too	ADV
taxlaw-2799	661	26	deals	deal	VERB
taxlaw-2799	661	27	with	with	ADP
taxlaw-2799	661	28	the	the	DET
taxlaw-2799	661	29	clearing	clearing	NOUN
taxlaw-2799	661	30	member	member	NOUN
taxlaw-2799	661	31	as	as	ADP
taxlaw-2799	661	32	a	a	DET
taxlaw-2799	661	33	principal	principal	NOUN
taxlaw-2799	661	34	.	.	PUNCT
taxlaw-2799	662	1	the	the	DET
taxlaw-2799	662	2	margin	margin	NOUN
taxlaw-2799	662	3	that	that	PRON
taxlaw-2799	662	4	the	the	DET
taxlaw-2799	662	5	clearing	clearing	NOUN
taxlaw-2799	662	6	member	member	NOUN
taxlaw-2799	662	7	collects	collect	VERB
taxlaw-2799	662	8	from	from	ADP
taxlaw-2799	662	9	its	its	PRON
taxlaw-2799	662	10	customer	customer	NOUN
taxlaw-2799	662	11	under	under	ADP
taxlaw-2799	662	12	the	the	DET
taxlaw-2799	662	13	mirror	mirror	NOUN
taxlaw-2799	662	14	trade	trade	NOUN
taxlaw-2799	662	15	with	with	ADP
taxlaw-2799	662	16	the	the	DET
taxlaw-2799	662	17	customer	customer	NOUN
taxlaw-2799	662	18	can	can	AUX
taxlaw-2799	662	19	be	be	AUX
taxlaw-2799	662	20	on	on	ADV
taxlaw-2799	662	21	-	-	PUNCT
taxlaw-2799	662	22	pledged	pledge	VERB
taxlaw-2799	662	23	to	to	ADP
taxlaw-2799	662	24	ice	ice	NOUN
taxlaw-2799	662	25	trust	trust	NOUN
taxlaw-2799	662	26	,	,	PUNCT
taxlaw-2799	662	27	as	as	ADP
taxlaw-2799	662	28	customer	customer	NOUN
taxlaw-2799	662	29	margin	margin	NOUN
taxlaw-2799	662	30	,	,	PUNCT
taxlaw-2799	662	31	under	under	ADP
taxlaw-2799	662	32	the	the	DET
taxlaw-2799	662	33	“	"	PUNCT
taxlaw-2799	662	34	customer	customer	NOUN
taxlaw-2799	662	35	”	"	PUNCT
taxlaw-2799	662	36	trade	trade	NOUN
taxlaw-2799	662	37	that	that	PRON
taxlaw-2799	662	38	the	the	DET
taxlaw-2799	662	39	clearing	clearing	NOUN
taxlaw-2799	662	40	member	member	NOUN
taxlaw-2799	662	41	has	have	VERB
taxlaw-2799	662	42	with	with	ADP
taxlaw-2799	662	43	ice	ice	NOUN
taxlaw-2799	662	44	trust	trust	NOUN
taxlaw-2799	662	45	.	.	PUNCT
taxlaw-2799	663	1	as	as	ADP
taxlaw-2799	663	2	in	in	ADP
taxlaw-2799	663	3	the	the	DET
taxlaw-2799	663	4	case	case	NOUN
taxlaw-2799	663	5	of	of	ADP
taxlaw-2799	663	6	the	the	DET
taxlaw-2799	663	7	cme	cme	NOUN
taxlaw-2799	663	8	,	,	PUNCT
taxlaw-2799	663	9	this	this	DET
taxlaw-2799	663	10	margin	margin	NOUN
taxlaw-2799	663	11	is	be	AUX
taxlaw-2799	663	12	segregated	segregate	VERB
taxlaw-2799	663	13	for	for	ADP
taxlaw-2799	663	14	the	the	DET
taxlaw-2799	663	15	benefit	benefit	NOUN
taxlaw-2799	663	16	of	of	ADP
taxlaw-2799	663	17	the	the	DET
taxlaw-2799	663	18	customer	customer	NOUN
taxlaw-2799	663	19	.	.	PUNCT
taxlaw-2799	664	1	for	for	ADP
taxlaw-2799	664	2	discussion	discussion	NOUN
taxlaw-2799	664	3	of	of	ADP
taxlaw-2799	664	4	the	the	DET
taxlaw-2799	664	5	operation	operation	NOUN
taxlaw-2799	664	6	of	of	ADP
taxlaw-2799	664	7	these	these	DET
taxlaw-2799	664	8	rules	rule	NOUN
taxlaw-2799	664	9	and	and	CCONJ
taxlaw-2799	664	10	open	open	ADJ
taxlaw-2799	664	11	issues	issue	NOUN
taxlaw-2799	664	12	under	under	ADP
taxlaw-2799	664	13	the	the	DET
taxlaw-2799	664	14	law	law	NOUN
taxlaw-2799	664	15	prior	prior	ADV
taxlaw-2799	664	16	to	to	ADP
taxlaw-2799	664	17	dodd	dodd	PROPN
taxlaw-2799	664	18	-	-	PUNCT
taxlaw-2799	664	19	frank	frank	PROPN
taxlaw-2799	664	20	as	as	ADP
taxlaw-2799	664	21	to	to	ADP
taxlaw-2799	664	22	how	how	SCONJ
taxlaw-2799	664	23	effective	effective	ADJ
taxlaw-2799	664	24	they	they	PRON
taxlaw-2799	664	25	are	be	AUX
taxlaw-2799	664	26	to	to	PART
taxlaw-2799	664	27	protect	protect	VERB
taxlaw-2799	664	28	cds	cd	NOUN
taxlaw-2799	664	29	customers	customer	NOUN
taxlaw-2799	664	30	,	,	PUNCT
taxlaw-2799	664	31	see	see	VERB
taxlaw-2799	664	32	the	the	DET
taxlaw-2799	664	33	buy	buy	NOUN
taxlaw-2799	664	34	-	-	PUNCT
taxlaw-2799	664	35	side	side	NOUN
taxlaw-2799	664	36	report	report	NOUN
taxlaw-2799	664	37	,	,	PUNCT
taxlaw-2799	664	38	supra	supra	PROPN
taxlaw-2799	664	39	note	note	PROPN
taxlaw-2799	664	40	45	45	NUM
taxlaw-2799	664	41	,	,	PUNCT
taxlaw-2799	664	42	pts	pt	NOUN
taxlaw-2799	664	43	.	.	PUNCT
taxlaw-2799	665	1	iii.a.1	iii.a.1	PROPN
taxlaw-2799	665	2	(	(	PUNCT
taxlaw-2799	665	3	cme	cme	PROPN
taxlaw-2799	665	4	)	)	PUNCT
taxlaw-2799	665	5	&	&	CCONJ
taxlaw-2799	665	6	iii.a.2	iii.a.2	PROPN
taxlaw-2799	665	7	(	(	PUNCT
taxlaw-2799	665	8	ice	ice	NOUN
taxlaw-2799	665	9	trust	trust	PROPN
taxlaw-2799	665	10	)	)	PUNCT
taxlaw-2799	665	11	;	;	PUNCT
taxlaw-2799	665	12	letter	letter	NOUN
taxlaw-2799	665	13	from	from	ADP
taxlaw-2799	665	14	cme	cme	PROPN
taxlaw-2799	665	15	group	group	NOUN
taxlaw-2799	665	16	to	to	ADP
taxlaw-2799	665	17	securities	securities	PROPN
taxlaw-2799	665	18	&	&	CCONJ
taxlaw-2799	665	19	exchange	exchange	PROPN
taxlaw-2799	665	20	commission	commission	PROPN
taxlaw-2799	665	21	re	re	AUX
taxlaw-2799	665	22	:	:	PUNCT
taxlaw-2799	665	23	request	request	VERB
taxlaw-2799	665	24	for	for	ADP
taxlaw-2799	665	25	order	order	NOUN
taxlaw-2799	665	26	exempting	exempt	VERB
taxlaw-2799	665	27	certain	certain	ADJ
taxlaw-2799	665	28	persons	person	NOUN
taxlaw-2799	665	29	from	from	ADP
taxlaw-2799	665	30	broker	broker	NOUN
taxlaw-2799	665	31	-	-	PUNCT
taxlaw-2799	665	32	dealer	dealer	NOUN
taxlaw-2799	665	33	registration	registration	NOUN
taxlaw-2799	665	34	and	and	CCONJ
taxlaw-2799	665	35	related	related	ADJ
taxlaw-2799	665	36	requirements	requirement	NOUN
taxlaw-2799	665	37	,	,	PUNCT
taxlaw-2799	665	38	and	and	CCONJ
taxlaw-2799	665	39	from	from	ADP
taxlaw-2799	665	40	clearing	clear	VERB
taxlaw-2799	665	41	agency	agency	NOUN
taxlaw-2799	665	42	registration	registration	NOUN
taxlaw-2799	665	43	and	and	CCONJ
taxlaw-2799	665	44	related	related	ADJ
taxlaw-2799	665	45	requirements	requirement	NOUN
taxlaw-2799	665	46	(	(	PUNCT
taxlaw-2799	665	47	dec	dec	PROPN
taxlaw-2799	665	48	.	.	PROPN
taxlaw-2799	665	49	14	14	NUM
taxlaw-2799	665	50	,	,	PUNCT
taxlaw-2799	665	51	2009	2009	NUM
taxlaw-2799	665	52	)	)	PUNCT
taxlaw-2799	665	53	,	,	PUNCT
taxlaw-2799	665	54	available	available	ADJ
taxlaw-2799	665	55	at	at	ADP
taxlaw-2799	665	56	http://www.sec.gov/rules/exorders/2009/34-61164-incoming.pdf	http://www.sec.gov/rules/exorders/2009/34-61164-incoming.pdf	ADV
taxlaw-2799	665	57	;	;	PUNCT
taxlaw-2799	665	58	letter	letter	NOUN
taxlaw-2799	665	59	from	from	ADP
taxlaw-2799	665	60	ice	ice	NOUN
taxlaw-2799	665	61	trust	trust	NOUN
taxlaw-2799	665	62	to	to	ADP
taxlaw-2799	665	63	securities	securities	PROPN
taxlaw-2799	665	64	&	&	CCONJ
taxlaw-2799	665	65	exchange	exchange	PROPN
taxlaw-2799	665	66	commission	commission	PROPN
taxlaw-2799	665	67	re	re	ADP
taxlaw-2799	665	68	:	:	PUNCT
taxlaw-2799	665	69	supplemental	supplemental	ADJ
taxlaw-2799	665	70	request	request	NOUN
taxlaw-2799	665	71	for	for	ADP
taxlaw-2799	665	72	exemption	exemption	NOUN
taxlaw-2799	665	73	from	from	ADP
taxlaw-2799	665	74	certain	certain	ADJ
taxlaw-2799	665	75	provisions	provision	NOUN
taxlaw-2799	665	76	of	of	ADP
taxlaw-2799	665	77	the	the	DET
taxlaw-2799	665	78	u.s	u.s	PROPN
taxlaw-2799	665	79	.	.	PROPN
taxlaw-2799	665	80	securities	securities	PROPN
taxlaw-2799	665	81	exchange	exchange	PROPN
taxlaw-2799	665	82	act	act	NOUN
taxlaw-2799	665	83	of	of	ADP
taxlaw-2799	665	84	1934	1934	NUM
taxlaw-2799	665	85	with	with	ADP
taxlaw-2799	665	86	respect	respect	NOUN
taxlaw-2799	665	87	to	to	ADP
taxlaw-2799	665	88	ice	ice	NOUN
taxlaw-2799	665	89	trust	trust	PROPN
taxlaw-2799	665	90	u.s	u.s	PROPN
taxlaw-2799	665	91	.	.	PROPN
taxlaw-2799	665	92	llc	llc	PROPN
taxlaw-2799	665	93	and	and	CCONJ
taxlaw-2799	665	94	its	its	PRON
taxlaw-2799	665	95	clearing	clearing	NOUN
taxlaw-2799	665	96	members	member	NOUN
taxlaw-2799	665	97	and	and	CCONJ
taxlaw-2799	665	98	request	request	NOUN
taxlaw-2799	665	99	for	for	ADP
taxlaw-2799	665	100	extension	extension	NOUN
taxlaw-2799	665	101	of	of	ADP
taxlaw-2799	665	102	the	the	DET
taxlaw-2799	665	103	march	march	PROPN
taxlaw-2799	665	104	6	6	NUM
taxlaw-2799	665	105	,	,	PUNCT
taxlaw-2799	665	106	2009	2009	NUM
taxlaw-2799	665	107	order	order	NOUN
taxlaw-2799	665	108	(	(	PUNCT
taxlaw-2799	665	109	dec	dec	PROPN
taxlaw-2799	665	110	.	.	PROPN
taxlaw-2799	665	111	4	4	NUM
taxlaw-2799	665	112	,	,	PUNCT
taxlaw-2799	665	113	2009	2009	NUM
taxlaw-2799	665	114	)	)	PUNCT
taxlaw-2799	665	115	,	,	PUNCT
taxlaw-2799	665	116	available	available	ADJ
taxlaw-2799	665	117	at	at	ADP
taxlaw-2799	665	118	http://www.sec.gov/rules/exorders/2009/34-61119-incoming.pdf	http://www.sec.gov/rules/exorders/2009/34-61119-incoming.pdf	NOUN
taxlaw-2799	665	119	.	.	PUNCT
taxlaw-2799	666	1	53	53	NUM
taxlaw-2799	666	2	the	the	DET
taxlaw-2799	666	3	information	information	NOUN
taxlaw-2799	666	4	under	under	ADP
taxlaw-2799	666	5	this	this	DET
taxlaw-2799	666	6	heading	heading	NOUN
taxlaw-2799	666	7	comes	come	VERB
taxlaw-2799	666	8	primarily	primarily	ADV
taxlaw-2799	666	9	from	from	ADP
taxlaw-2799	666	10	the	the	DET
taxlaw-2799	666	11	websites	website	NOUN
taxlaw-2799	666	12	of	of	ADP
taxlaw-2799	666	13	lch.clearnet	lch.clearnet	PROPN
taxlaw-2799	666	14	,	,	PUNCT
taxlaw-2799	666	15	http://www.lchclearnet.com	http://www.lchclearnet.com	PROPN
taxlaw-2799	666	16	;	;	PUNCT
taxlaw-2799	666	17	and	and	CCONJ
taxlaw-2799	666	18	idcg	idcg	PROPN
taxlaw-2799	666	19	,	,	PUNCT
taxlaw-2799	666	20	http://www.idcg.com	http://www.idcg.com	X
taxlaw-2799	666	21	.	.	PUNCT
taxlaw-2799	667	1	32	32	NUM
taxlaw-2799	667	2	columbia	columbia	PROPN
taxlaw-2799	667	3	jour	jour	PROPN
taxlaw-2799	667	4	al	al	PROPN
taxlaw-2799	667	5	of	of	ADP
taxlaw-2799	667	6	tax	tax	NOUN
taxlaw-2799	667	7	law	law	NOUN
taxlaw-2799	667	8	[	[	X
taxlaw-2799	667	9	vol	vol	NOUN
taxlaw-2799	667	10	.	.	PUNCT
taxlaw-2799	667	11	2:1	2:1	NUM
taxlaw-2799	667	12	lch.clearnet	lch.clearnet	PROPN
taxlaw-2799	667	13	has	have	AUX
taxlaw-2799	667	14	cleared	clear	VERB
taxlaw-2799	667	15	interest	interest	NOUN
taxlaw-2799	667	16	rate	rate	NOUN
taxlaw-2799	667	17	swaps	swap	NOUN
taxlaw-2799	667	18	since	since	SCONJ
taxlaw-2799	667	19	1999	1999	NUM
taxlaw-2799	667	20	,	,	PUNCT
taxlaw-2799	667	21	and	and	CCONJ
taxlaw-2799	667	22	currently	currently	ADV
taxlaw-2799	667	23	clears	clear	VERB
taxlaw-2799	667	24	about	about	ADV
taxlaw-2799	667	25	forty	forty	NUM
taxlaw-2799	667	26	percent	percent	NOUN
taxlaw-2799	667	27	of	of	ADP
taxlaw-2799	667	28	the	the	DET
taxlaw-2799	667	29	global	global	ADJ
taxlaw-2799	667	30	interest	interest	NOUN
taxlaw-2799	667	31	rate	rate	NOUN
taxlaw-2799	667	32	swap	swap	NOUN
taxlaw-2799	667	33	market	market	NOUN
taxlaw-2799	667	34	,	,	PUNCT
taxlaw-2799	667	35	in	in	ADP
taxlaw-2799	667	36	fourteen	fourteen	NUM
taxlaw-2799	667	37	different	different	ADJ
taxlaw-2799	667	38	currencies	currency	NOUN
taxlaw-2799	667	39	.	.	PUNCT
taxlaw-2799	668	1	according	accord	VERB
taxlaw-2799	668	2	to	to	ADP
taxlaw-2799	668	3	lch.clearnet	lch.clearnet	PROPN
taxlaw-2799	668	4	’s	’s	PART
taxlaw-2799	668	5	rules	rule	NOUN
taxlaw-2799	668	6	,	,	PUNCT
taxlaw-2799	668	7	parties	party	NOUN
taxlaw-2799	668	8	enter	enter	VERB
taxlaw-2799	668	9	into	into	ADP
taxlaw-2799	668	10	interest	interest	NOUN
taxlaw-2799	668	11	rate	rate	NOUN
taxlaw-2799	668	12	swaps	swap	NOUN
taxlaw-2799	668	13	first	first	ADV
taxlaw-2799	668	14	under	under	ADP
taxlaw-2799	668	15	bilateral	bilateral	ADJ
taxlaw-2799	668	16	isda	isda	NOUN
taxlaw-2799	668	17	documentation	documentation	NOUN
taxlaw-2799	668	18	;	;	PUNCT
taxlaw-2799	668	19	when	when	SCONJ
taxlaw-2799	668	20	cleared	clear	VERB
taxlaw-2799	668	21	by	by	ADP
taxlaw-2799	668	22	lch.clearnet	lch.clearnet	PROPN
taxlaw-2799	668	23	,	,	PUNCT
taxlaw-2799	668	24	the	the	DET
taxlaw-2799	668	25	economic	economic	ADJ
taxlaw-2799	668	26	terms	term	NOUN
taxlaw-2799	668	27	are	be	AUX
taxlaw-2799	668	28	preserved	preserve	VERB
taxlaw-2799	668	29	but	but	CCONJ
taxlaw-2799	668	30	the	the	DET
taxlaw-2799	668	31	lch.clearnet	lch.clearnet	NOUN
taxlaw-2799	668	32	becomes	become	VERB
taxlaw-2799	668	33	the	the	DET
taxlaw-2799	668	34	legal	legal	ADJ
taxlaw-2799	668	35	counterparty	counterparty	NOUN
taxlaw-2799	668	36	to	to	ADP
taxlaw-2799	668	37	each	each	DET
taxlaw-2799	668	38	trade	trade	NOUN
taxlaw-2799	668	39	and	and	CCONJ
taxlaw-2799	668	40	the	the	DET
taxlaw-2799	668	41	legal	legal	ADJ
taxlaw-2799	668	42	terms	term	NOUN
taxlaw-2799	668	43	of	of	ADP
taxlaw-2799	668	44	the	the	DET
taxlaw-2799	668	45	trade	trade	NOUN
taxlaw-2799	668	46	become	become	VERB
taxlaw-2799	668	47	lch.clearnet	lch.clearnet	PROPN
taxlaw-2799	668	48	standard	standard	ADJ
taxlaw-2799	668	49	terms	term	NOUN
taxlaw-2799	668	50	.	.	PUNCT
taxlaw-2799	669	1	accordingly	accordingly	ADV
taxlaw-2799	669	2	,	,	PUNCT
taxlaw-2799	669	3	unlike	unlike	ADP
taxlaw-2799	669	4	cleared	clear	VERB
taxlaw-2799	669	5	cds	cd	NOUN
taxlaw-2799	669	6	,	,	PUNCT
taxlaw-2799	669	7	the	the	DET
taxlaw-2799	669	8	periodic	periodic	ADJ
taxlaw-2799	669	9	payments	payment	NOUN
taxlaw-2799	669	10	made	make	VERB
taxlaw-2799	669	11	under	under	ADP
taxlaw-2799	669	12	interest	interest	NOUN
taxlaw-2799	669	13	rate	rate	NOUN
taxlaw-2799	669	14	swaps	swap	NOUN
taxlaw-2799	669	15	cleared	clear	VERB
taxlaw-2799	669	16	by	by	ADP
taxlaw-2799	669	17	lch.clearnet	lch.clearnet	PROPN
taxlaw-2799	669	18	are	be	AUX
taxlaw-2799	669	19	not	not	PART
taxlaw-2799	669	20	standardized	standardize	VERB
taxlaw-2799	669	21	.	.	PUNCT
taxlaw-2799	670	1	lch.clearnet	lch.clearnet	PROPN
taxlaw-2799	670	2	’s	’s	PART
taxlaw-2799	670	3	rules	rule	NOUN
taxlaw-2799	670	4	specify	specify	VERB
taxlaw-2799	670	5	payment	payment	NOUN
taxlaw-2799	670	6	dates	date	NOUN
taxlaw-2799	670	7	and	and	CCONJ
taxlaw-2799	670	8	calculation	calculation	NOUN
taxlaw-2799	670	9	methodologies	methodology	NOUN
taxlaw-2799	670	10	for	for	ADP
taxlaw-2799	670	11	payments	payment	NOUN
taxlaw-2799	670	12	and	and	CCONJ
taxlaw-2799	670	13	margin	margin	NOUN
taxlaw-2799	670	14	determinations	determination	NOUN
taxlaw-2799	670	15	.	.	PUNCT
taxlaw-2799	671	1	a	a	DET
taxlaw-2799	671	2	more	more	ADV
taxlaw-2799	671	3	recent	recent	ADJ
taxlaw-2799	671	4	entrant	entrant	NOUN
taxlaw-2799	671	5	to	to	ADP
taxlaw-2799	671	6	the	the	DET
taxlaw-2799	671	7	market	market	NOUN
taxlaw-2799	671	8	is	be	AUX
taxlaw-2799	671	9	the	the	DET
taxlaw-2799	671	10	international	international	ADJ
taxlaw-2799	671	11	derivatives	derivative	NOUN
taxlaw-2799	671	12	clearing	clear	VERB
taxlaw-2799	671	13	house	house	NOUN
taxlaw-2799	671	14	(	(	PUNCT
taxlaw-2799	671	15	“	"	PUNCT
taxlaw-2799	671	16	idch	idch	NOUN
taxlaw-2799	671	17	”	"	PUNCT
taxlaw-2799	671	18	)	)	PUNCT
taxlaw-2799	671	19	,	,	PUNCT
taxlaw-2799	671	20	a	a	DET
taxlaw-2799	671	21	clearinghouse	clearinghouse	NOUN
taxlaw-2799	671	22	owned	own	VERB
taxlaw-2799	671	23	by	by	ADP
taxlaw-2799	671	24	the	the	DET
taxlaw-2799	671	25	international	international	ADJ
taxlaw-2799	671	26	derivatives	derivative	NOUN
taxlaw-2799	671	27	clearing	clearing	NOUN
taxlaw-2799	671	28	group	group	NOUN
taxlaw-2799	671	29	(	(	PUNCT
taxlaw-2799	671	30	“	"	PUNCT
taxlaw-2799	671	31	idcg	idcg	PROPN
taxlaw-2799	671	32	”	"	PUNCT
taxlaw-2799	671	33	)	)	PUNCT
taxlaw-2799	671	34	,	,	PUNCT
taxlaw-2799	671	35	a	a	DET
taxlaw-2799	671	36	subsidiary	subsidiary	NOUN
taxlaw-2799	671	37	of	of	ADP
taxlaw-2799	671	38	nasdaq	nasdaq	PROPN
taxlaw-2799	671	39	.	.	PUNCT
taxlaw-2799	672	1	like	like	ADP
taxlaw-2799	672	2	the	the	DET
taxlaw-2799	672	3	cme	cme	NOUN
taxlaw-2799	672	4	,	,	PUNCT
taxlaw-2799	672	5	the	the	DET
taxlaw-2799	672	6	idch	idch	NOUN
taxlaw-2799	672	7	is	be	AUX
taxlaw-2799	672	8	regulated	regulate	VERB
taxlaw-2799	672	9	by	by	ADP
taxlaw-2799	672	10	the	the	DET
taxlaw-2799	672	11	cftc	cftc	PROPN
taxlaw-2799	672	12	.	.	PUNCT
taxlaw-2799	673	1	idcg	idcg	PROPN
taxlaw-2799	673	2	offers	offer	VERB
taxlaw-2799	673	3	trading	trading	NOUN
taxlaw-2799	673	4	in	in	ADP
taxlaw-2799	673	5	interest	interest	NOUN
taxlaw-2799	673	6	rate	rate	NOUN
taxlaw-2799	673	7	futures	future	NOUN
taxlaw-2799	673	8	contracts	contract	NOUN
taxlaw-2799	673	9	on	on	ADP
taxlaw-2799	673	10	nasdaq	nasdaq	PROPN
taxlaw-2799	673	11	omx	omx	PROPN
taxlaw-2799	673	12	,	,	PUNCT
taxlaw-2799	673	13	a	a	DET
taxlaw-2799	673	14	designated	designate	VERB
taxlaw-2799	673	15	contract	contract	NOUN
taxlaw-2799	673	16	market	market	NOUN
taxlaw-2799	673	17	that	that	PRON
taxlaw-2799	673	18	trades	trade	VERB
taxlaw-2799	673	19	many	many	ADJ
taxlaw-2799	673	20	other	other	ADJ
taxlaw-2799	673	21	types	type	NOUN
taxlaw-2799	673	22	of	of	ADP
taxlaw-2799	673	23	futures	future	NOUN
taxlaw-2799	673	24	contracts	contract	NOUN
taxlaw-2799	673	25	.	.	PUNCT
taxlaw-2799	674	1	in	in	ADP
taxlaw-2799	674	2	addition	addition	NOUN
taxlaw-2799	674	3	,	,	PUNCT
taxlaw-2799	674	4	idch	idch	NOUN
taxlaw-2799	674	5	offers	offer	NOUN
taxlaw-2799	674	6	to	to	PART
taxlaw-2799	674	7	clear	clear	VERB
taxlaw-2799	674	8	interest	interest	NOUN
taxlaw-2799	674	9	rate	rate	NOUN
taxlaw-2799	674	10	swaps	swap	NOUN
taxlaw-2799	674	11	through	through	ADP
taxlaw-2799	674	12	exchange	exchange	NOUN
taxlaw-2799	674	13	for	for	ADP
taxlaw-2799	674	14	swap	swap	NOUN
taxlaw-2799	674	15	transactions	transaction	NOUN
taxlaw-2799	674	16	in	in	ADP
taxlaw-2799	674	17	which	which	PRON
taxlaw-2799	674	18	bilateral	bilateral	ADJ
taxlaw-2799	674	19	interest	interest	NOUN
taxlaw-2799	674	20	rate	rate	NOUN
taxlaw-2799	674	21	swaps	swap	NOUN
taxlaw-2799	674	22	are	be	AUX
taxlaw-2799	674	23	exchanged	exchange	VERB
taxlaw-2799	674	24	for	for	ADP
taxlaw-2799	674	25	futures	future	NOUN
taxlaw-2799	674	26	contracts	contract	NOUN
taxlaw-2799	674	27	that	that	PRON
taxlaw-2799	674	28	have	have	VERB
taxlaw-2799	674	29	economic	economic	ADJ
taxlaw-2799	674	30	terms	term	NOUN
taxlaw-2799	674	31	identical	identical	ADJ
taxlaw-2799	674	32	to	to	ADP
taxlaw-2799	674	33	the	the	DET
taxlaw-2799	674	34	bilateral	bilateral	ADJ
taxlaw-2799	674	35	interest	interest	NOUN
taxlaw-2799	674	36	rate	rate	NOUN
taxlaw-2799	674	37	swaps	swap	NOUN
taxlaw-2799	674	38	.	.	PUNCT
taxlaw-2799	675	1	thus	thus	ADV
taxlaw-2799	675	2	,	,	PUNCT
taxlaw-2799	675	3	as	as	ADP
taxlaw-2799	675	4	with	with	ADP
taxlaw-2799	675	5	lch.clearnet	lch.clearnet	PROPN
taxlaw-2799	675	6	,	,	PUNCT
taxlaw-2799	675	7	the	the	DET
taxlaw-2799	675	8	cleared	clear	VERB
taxlaw-2799	675	9	instruments	instrument	NOUN
taxlaw-2799	675	10	do	do	AUX
taxlaw-2799	675	11	not	not	PART
taxlaw-2799	675	12	have	have	VERB
taxlaw-2799	675	13	standardized	standardize	VERB
taxlaw-2799	675	14	terms	term	NOUN
taxlaw-2799	675	15	.	.	PUNCT
taxlaw-2799	676	1	unlike	unlike	ADP
taxlaw-2799	676	2	lch.clearnet	lch.clearnet	PROPN
taxlaw-2799	676	3	,	,	PUNCT
taxlaw-2799	676	4	however	however	ADV
taxlaw-2799	676	5	,	,	PUNCT
taxlaw-2799	676	6	a	a	DET
taxlaw-2799	676	7	party	party	NOUN
taxlaw-2799	676	8	that	that	PRON
taxlaw-2799	676	9	transacts	transact	VERB
taxlaw-2799	676	10	with	with	ADP
taxlaw-2799	676	11	idch	idch	ADJ
taxlaw-2799	676	12	winds	wind	NOUN
taxlaw-2799	676	13	up	up	ADP
taxlaw-2799	676	14	with	with	ADP
taxlaw-2799	676	15	a	a	DET
taxlaw-2799	676	16	contract	contract	NOUN
taxlaw-2799	676	17	that	that	PRON
taxlaw-2799	676	18	is	be	AUX
taxlaw-2799	676	19	a	a	DET
taxlaw-2799	676	20	futures	future	NOUN
taxlaw-2799	676	21	contract	contract	NOUN
taxlaw-2799	676	22	as	as	ADP
taxlaw-2799	676	23	a	a	DET
taxlaw-2799	676	24	regulatory	regulatory	ADJ
taxlaw-2799	676	25	matter	matter	NOUN
taxlaw-2799	676	26	even	even	ADV
taxlaw-2799	676	27	though	though	SCONJ
taxlaw-2799	676	28	its	its	PRON
taxlaw-2799	676	29	payment	payment	NOUN
taxlaw-2799	676	30	terms	term	NOUN
taxlaw-2799	676	31	are	be	AUX
taxlaw-2799	676	32	those	those	PRON
taxlaw-2799	676	33	of	of	ADP
taxlaw-2799	676	34	a	a	DET
taxlaw-2799	676	35	typical	typical	ADJ
taxlaw-2799	676	36	interest	interest	NOUN
taxlaw-2799	676	37	rate	rate	NOUN
taxlaw-2799	676	38	swap	swap	NOUN
taxlaw-2799	676	39	.	.	PUNCT
taxlaw-2799	677	1	idch	idch	PROPN
taxlaw-2799	677	2	first	first	ADV
taxlaw-2799	677	3	offered	offer	VERB
taxlaw-2799	677	4	this	this	DET
taxlaw-2799	677	5	service	service	NOUN
taxlaw-2799	677	6	in	in	ADP
taxlaw-2799	677	7	december	december	PROPN
taxlaw-2799	677	8	2008	2008	NUM
taxlaw-2799	677	9	,	,	PUNCT
taxlaw-2799	677	10	although	although	SCONJ
taxlaw-2799	677	11	it	it	PRON
taxlaw-2799	677	12	appears	appear	VERB
taxlaw-2799	677	13	that	that	SCONJ
taxlaw-2799	677	14	trading	trading	NOUN
taxlaw-2799	677	15	has	have	AUX
taxlaw-2799	677	16	begun	begin	VERB
taxlaw-2799	677	17	only	only	ADV
taxlaw-2799	677	18	very	very	ADV
taxlaw-2799	677	19	recently.54	recently.54	NOUN
taxlaw-2799	677	20	this	this	PRON
taxlaw-2799	677	21	may	may	AUX
taxlaw-2799	677	22	reflect	reflect	VERB
taxlaw-2799	677	23	the	the	DET
taxlaw-2799	677	24	fact	fact	NOUN
taxlaw-2799	677	25	that	that	SCONJ
taxlaw-2799	677	26	idch	idch	NOUN
taxlaw-2799	677	27	currently	currently	ADV
taxlaw-2799	677	28	has	have	AUX
taxlaw-2799	677	29	only	only	ADV
taxlaw-2799	677	30	four	four	NUM
taxlaw-2799	677	31	clearing	clearing	NOUN
taxlaw-2799	677	32	members	member	NOUN
taxlaw-2799	677	33	,	,	PUNCT
taxlaw-2799	677	34	none	none	NOUN
taxlaw-2799	677	35	of	of	ADP
taxlaw-2799	677	36	whom	whom	PRON
taxlaw-2799	677	37	are	be	AUX
taxlaw-2799	677	38	swap	swap	NOUN
taxlaw-2799	677	39	dealers	dealer	NOUN
taxlaw-2799	677	40	;	;	PUNCT
taxlaw-2799	677	41	rather	rather	ADV
taxlaw-2799	677	42	,	,	PUNCT
taxlaw-2799	677	43	idch	idch	PROPN
taxlaw-2799	677	44	appears	appear	VERB
taxlaw-2799	677	45	to	to	PART
taxlaw-2799	677	46	be	be	AUX
taxlaw-2799	677	47	oriented	orient	VERB
taxlaw-2799	677	48	primarily	primarily	ADV
taxlaw-2799	677	49	towards	towards	ADP
taxlaw-2799	677	50	major	major	ADJ
taxlaw-2799	677	51	participants	participant	NOUN
taxlaw-2799	677	52	on	on	ADP
taxlaw-2799	677	53	the	the	DET
taxlaw-2799	677	54	“	"	PUNCT
taxlaw-2799	677	55	buy	buy	ADJ
taxlaw-2799	677	56	side	side	NOUN
taxlaw-2799	677	57	”	"	PUNCT
taxlaw-2799	677	58	or	or	CCONJ
taxlaw-2799	677	59	in	in	ADP
taxlaw-2799	677	60	the	the	DET
taxlaw-2799	677	61	futures	future	NOUN
taxlaw-2799	677	62	market	market	NOUN
taxlaw-2799	677	63	.	.	PUNCT
taxlaw-2799	678	1	the	the	DET
taxlaw-2799	678	2	current	current	ADJ
taxlaw-2799	678	3	volume	volume	NOUN
taxlaw-2799	678	4	of	of	ADP
taxlaw-2799	678	5	open	open	ADJ
taxlaw-2799	678	6	interest	interest	NOUN
taxlaw-2799	678	7	appears	appear	VERB
taxlaw-2799	678	8	to	to	PART
taxlaw-2799	678	9	be	be	AUX
taxlaw-2799	678	10	very	very	ADJ
taxlaw-2799	678	11	small.55	small.55	NOUN
taxlaw-2799	678	12	idch	idch	ADJ
taxlaw-2799	678	13	nets	net	NOUN
taxlaw-2799	678	14	outstanding	outstanding	ADJ
taxlaw-2799	678	15	contracts	contract	NOUN
taxlaw-2799	678	16	only	only	ADV
taxlaw-2799	678	17	if	if	SCONJ
taxlaw-2799	678	18	they	they	PRON
taxlaw-2799	678	19	have	have	VERB
taxlaw-2799	678	20	the	the	DET
taxlaw-2799	678	21	same	same	ADJ
taxlaw-2799	678	22	fixed	fix	VERB
taxlaw-2799	678	23	rate	rate	NOUN
taxlaw-2799	678	24	payment	payment	NOUN
taxlaw-2799	678	25	and	and	CCONJ
taxlaw-2799	678	26	the	the	DET
taxlaw-2799	678	27	same	same	ADJ
taxlaw-2799	678	28	maturity.56	maturity.56	NOUN
taxlaw-2799	678	29	the	the	DET
taxlaw-2799	678	30	cme	cme	NOUN
taxlaw-2799	678	31	began	begin	VERB
taxlaw-2799	678	32	clearing	clear	VERB
taxlaw-2799	678	33	interest	interest	NOUN
taxlaw-2799	678	34	rate	rate	NOUN
taxlaw-2799	678	35	swaps	swap	NOUN
taxlaw-2799	678	36	on	on	ADP
taxlaw-2799	678	37	october	october	PROPN
taxlaw-2799	678	38	18	18	NUM
taxlaw-2799	678	39	,	,	PUNCT
taxlaw-2799	678	40	2010.57	2010.57	NUM
taxlaw-2799	678	41	the	the	DET
taxlaw-2799	678	42	cme	cme	PROPN
taxlaw-2799	678	43	also	also	ADV
taxlaw-2799	678	44	offers	offer	VERB
taxlaw-2799	678	45	a	a	DET
taxlaw-2799	678	46	“	"	PUNCT
taxlaw-2799	678	47	swap	swap	ADJ
taxlaw-2799	678	48	futures	future	NOUN
taxlaw-2799	678	49	”	"	PUNCT
taxlaw-2799	678	50	contract	contract	NOUN
taxlaw-2799	678	51	that	that	PRON
taxlaw-2799	678	52	is	be	AUX
taxlaw-2799	678	53	similar	similar	ADJ
taxlaw-2799	678	54	to	to	ADP
taxlaw-2799	678	55	its	its	PRON
taxlaw-2799	678	56	other	other	ADJ
taxlaw-2799	678	57	futures	future	NOUN
taxlaw-2799	678	58	contracts	contract	NOUN
taxlaw-2799	678	59	except	except	SCONJ
taxlaw-2799	678	60	that	that	SCONJ
taxlaw-2799	678	61	the	the	DET
taxlaw-2799	678	62	settlement	settlement	NOUN
taxlaw-2799	678	63	at	at	ADP
taxlaw-2799	678	64	expiration	expiration	NOUN
taxlaw-2799	678	65	is	be	AUX
taxlaw-2799	678	66	determined	determine	VERB
taxlaw-2799	678	67	by	by	ADP
taxlaw-2799	678	68	54	54	NUM
taxlaw-2799	678	69	see	see	VERB
taxlaw-2799	678	70	jeremy	jeremy	PROPN
taxlaw-2799	678	71	grant	grant	PROPN
taxlaw-2799	678	72	,	,	PUNCT
taxlaw-2799	678	73	ewedge	ewedge	NOUN
taxlaw-2799	678	74	swaps	swap	NOUN
taxlaw-2799	678	75	deal	deal	NOUN
taxlaw-2799	678	76	uses	use	VERB
taxlaw-2799	678	77	idch	idch	NOUN
taxlaw-2799	678	78	for	for	ADP
taxlaw-2799	678	79	clearing	clearing	NOUN
taxlaw-2799	678	80	,	,	PUNCT
taxlaw-2799	678	81	financial	financial	ADJ
taxlaw-2799	678	82	times	time	NOUN
taxlaw-2799	678	83	,	,	PUNCT
taxlaw-2799	678	84	sept	sept	PROPN
taxlaw-2799	678	85	.	.	PROPN
taxlaw-2799	678	86	15	15	NUM
taxlaw-2799	678	87	,	,	PUNCT
taxlaw-2799	678	88	2010	2010	NUM
taxlaw-2799	678	89	,	,	PUNCT
taxlaw-2799	678	90	available	available	ADJ
taxlaw-2799	678	91	at	at	ADP
taxlaw-2799	678	92	http://www.ft.com/cms/s/0/600c9bd0-c0ad-11df-94f900144feab49a.html	http://www.ft.com/cms/s/0/600c9bd0-c0ad-11df-94f900144feab49a.html	PROPN
taxlaw-2799	678	93	(	(	PUNCT
taxlaw-2799	678	94	reporting	report	VERB
taxlaw-2799	678	95	that	that	DET
taxlaw-2799	678	96	newedge	newedge	NOUN
taxlaw-2799	678	97	,	,	PUNCT
taxlaw-2799	678	98	a	a	DET
taxlaw-2799	678	99	futures	future	NOUN
taxlaw-2799	678	100	broker	broker	NOUN
taxlaw-2799	678	101	,	,	PUNCT
taxlaw-2799	678	102	had	have	AUX
taxlaw-2799	678	103	brought	bring	VERB
taxlaw-2799	678	104	interest	interest	NOUN
taxlaw-2799	678	105	rate	rate	NOUN
taxlaw-2799	678	106	swap	swap	NOUN
taxlaw-2799	678	107	trades	trade	NOUN
taxlaw-2799	678	108	of	of	ADP
taxlaw-2799	678	109	over	over	ADP
taxlaw-2799	678	110	$	$	SYM
taxlaw-2799	678	111	100	100	NUM
taxlaw-2799	678	112	million	million	NUM
taxlaw-2799	678	113	to	to	ADP
taxlaw-2799	678	114	idch	idch	NOUN
taxlaw-2799	678	115	for	for	ADP
taxlaw-2799	678	116	clearing	clearing	NOUN
taxlaw-2799	678	117	)	)	PUNCT
taxlaw-2799	678	118	.	.	PUNCT
taxlaw-2799	679	1	55	55	NUM
taxlaw-2799	679	2	the	the	DET
taxlaw-2799	679	3	idch	idch	NOUN
taxlaw-2799	679	4	website	website	NOUN
taxlaw-2799	679	5	listed	list	VERB
taxlaw-2799	679	6	nearly	nearly	ADV
taxlaw-2799	679	7	3900	3900	NUM
taxlaw-2799	679	8	open	open	ADJ
taxlaw-2799	679	9	contracts	contract	NOUN
taxlaw-2799	679	10	as	as	ADP
taxlaw-2799	679	11	of	of	ADP
taxlaw-2799	679	12	the	the	DET
taxlaw-2799	679	13	end	end	NOUN
taxlaw-2799	679	14	of	of	ADP
taxlaw-2799	679	15	december	december	PROPN
taxlaw-2799	679	16	2010	2010	NUM
taxlaw-2799	679	17	,	,	PUNCT
taxlaw-2799	679	18	but	but	CCONJ
taxlaw-2799	679	19	it	it	PRON
taxlaw-2799	679	20	is	be	AUX
taxlaw-2799	679	21	not	not	PART
taxlaw-2799	679	22	clear	clear	ADJ
taxlaw-2799	679	23	to	to	ADP
taxlaw-2799	679	24	this	this	DET
taxlaw-2799	679	25	observer	observer	NOUN
taxlaw-2799	679	26	what	what	DET
taxlaw-2799	679	27	type	type	NOUN
taxlaw-2799	679	28	of	of	ADP
taxlaw-2799	679	29	contracts	contract	NOUN
taxlaw-2799	679	30	they	they	PRON
taxlaw-2799	679	31	are	be	AUX
taxlaw-2799	679	32	.	.	PUNCT
taxlaw-2799	680	1	see	see	VERB
taxlaw-2799	680	2	international	international	ADJ
taxlaw-2799	680	3	clearinghouse	clearinghouse	NOUN
taxlaw-2799	680	4	derivatives	derivative	NOUN
taxlaw-2799	680	5	group	group	NOUN
taxlaw-2799	680	6	,	,	PUNCT
taxlaw-2799	680	7	idcg	idcg	PROPN
taxlaw-2799	680	8	swap	swap	NOUN
taxlaw-2799	680	9	drop	drop	NOUN
taxlaw-2799	680	10	,	,	PUNCT
taxlaw-2799	680	11	http://www.swapdrop.com/marketreport.aspx	http://www.swapdrop.com/marketreport.aspx	PROPN
taxlaw-2799	680	12	(	(	PUNCT
taxlaw-2799	680	13	last	last	ADV
taxlaw-2799	680	14	visited	visit	VERB
taxlaw-2799	680	15	dec	dec	PROPN
taxlaw-2799	680	16	.	.	PROPN
taxlaw-2799	680	17	31	31	NUM
taxlaw-2799	680	18	,	,	PUNCT
taxlaw-2799	680	19	2010	2010	NUM
taxlaw-2799	680	20	)	)	PUNCT
taxlaw-2799	680	21	.	.	PUNCT
taxlaw-2799	681	1	56	56	NUM
taxlaw-2799	681	2	idch	idch	NOUN
taxlaw-2799	681	3	notice	notice	NOUN
taxlaw-2799	681	4	to	to	ADP
taxlaw-2799	681	5	members	member	NOUN
taxlaw-2799	681	6	(	(	PUNCT
taxlaw-2799	681	7	june	june	PROPN
taxlaw-2799	681	8	25	25	NUM
taxlaw-2799	681	9	,	,	PUNCT
taxlaw-2799	681	10	2010	2010	NUM
taxlaw-2799	681	11	)	)	PUNCT
taxlaw-2799	681	12	,	,	PUNCT
taxlaw-2799	681	13	available	available	ADJ
taxlaw-2799	681	14	at	at	ADP
taxlaw-2799	681	15	http://www.idcg.com/pdfs/idch_bulletins/20100625noticetomembers.pdf	http://www.idcg.com/pdfs/idch_bulletins/20100625noticetomembers.pdf	PROPN
taxlaw-2799	681	16	.	.	PUNCT
taxlaw-2799	682	1	57	57	NUM
taxlaw-2799	682	2	see	see	VERB
taxlaw-2799	682	3	cme	cme	PROPN
taxlaw-2799	682	4	group	group	NOUN
taxlaw-2799	682	5	begins	begin	VERB
taxlaw-2799	682	6	clearing	clear	VERB
taxlaw-2799	682	7	otc	otc	PROPN
taxlaw-2799	682	8	interest	interest	NOUN
taxlaw-2799	682	9	rate	rate	NOUN
taxlaw-2799	682	10	swaps	swap	NOUN
taxlaw-2799	682	11	(	(	PUNCT
taxlaw-2799	682	12	oct	oct	PROPN
taxlaw-2799	682	13	.	.	PROPN
taxlaw-2799	682	14	18	18	NUM
taxlaw-2799	682	15	,	,	PUNCT
taxlaw-2799	682	16	2010	2010	NUM
taxlaw-2799	682	17	)	)	PUNCT
taxlaw-2799	682	18	,	,	PUNCT
taxlaw-2799	682	19	http://cmegroup.mediaroom.com/index.php?s=43&item=3073&pagetemplate=article	http://cmegroup.mediaroom.com/index.php?s=43&item=3073&pagetemplate=article	PROPN
taxlaw-2799	682	20	(	(	PUNCT
taxlaw-2799	682	21	last	last	ADV
taxlaw-2799	682	22	visited	visit	VERB
taxlaw-2799	682	23	dec	dec	PROPN
taxlaw-2799	682	24	.	.	PROPN
taxlaw-2799	682	25	31	31	NUM
taxlaw-2799	682	26	,	,	PUNCT
taxlaw-2799	682	27	2010	2010	NUM
taxlaw-2799	682	28	)	)	PUNCT
taxlaw-2799	682	29	(	(	PUNCT
taxlaw-2799	682	30	announcing	announce	VERB
taxlaw-2799	682	31	the	the	DET
taxlaw-2799	682	32	beginning	beginning	NOUN
taxlaw-2799	682	33	of	of	ADP
taxlaw-2799	682	34	clearing	clearing	NOUN
taxlaw-2799	682	35	of	of	ADP
taxlaw-2799	682	36	interest	interest	NOUN
taxlaw-2799	682	37	rate	rate	NOUN
taxlaw-2799	682	38	swaps	swap	NOUN
taxlaw-2799	682	39	,	,	PUNCT
taxlaw-2799	682	40	in	in	ADP
taxlaw-2799	682	41	conjunction	conjunction	NOUN
taxlaw-2799	682	42	with	with	ADP
taxlaw-2799	682	43	a	a	DET
taxlaw-2799	682	44	“	"	PUNCT
taxlaw-2799	682	45	group	group	NOUN
taxlaw-2799	682	46	of	of	ADP
taxlaw-2799	682	47	premier	premier	ADJ
taxlaw-2799	682	48	swap	swap	NOUN
taxlaw-2799	682	49	dealers	dealer	NOUN
taxlaw-2799	682	50	,	,	PUNCT
taxlaw-2799	682	51	clearing	clearing	NOUN
taxlaw-2799	682	52	firms	firm	NOUN
taxlaw-2799	682	53	,	,	PUNCT
taxlaw-2799	682	54	and	and	CCONJ
taxlaw-2799	682	55	buy	buy	NOUN
taxlaw-2799	682	56	-	-	PUNCT
taxlaw-2799	682	57	side	side	NOUN
taxlaw-2799	682	58	market	market	NOUN
taxlaw-2799	682	59	participants	participant	NOUN
taxlaw-2799	682	60	”	"	PUNCT
taxlaw-2799	682	61	)	)	PUNCT
taxlaw-2799	682	62	.	.	PUNCT
taxlaw-2799	683	1	2011	2011	NUM
taxlaw-2799	683	2	]	]	PUNCT
taxlaw-2799	683	3	ew	ew	AUX
taxlaw-2799	683	4	tax	tax	NOUN
taxlaw-2799	683	5	issues	issue	NOUN
taxlaw-2799	683	6	arisi	arisi	VERB
taxlaw-2799	683	7	g	g	PROPN
taxlaw-2799	683	8	from	from	ADP
taxlaw-2799	683	9	the	the	DET
taxlaw-2799	683	10	dodd	dodd	NOUN
taxlaw-2799	683	11	-	-	PUNCT
taxlaw-2799	683	12	fra	fra	PROPN
taxlaw-2799	683	13	k	k	PROPN
taxlaw-2799	683	14	act	act	VERB
taxlaw-2799	683	15	33	33	NUM
taxlaw-2799	683	16	reference	reference	NOUN
taxlaw-2799	683	17	to	to	ADP
taxlaw-2799	683	18	the	the	DET
taxlaw-2799	683	19	value	value	NOUN
taxlaw-2799	683	20	of	of	ADP
taxlaw-2799	683	21	an	an	DET
taxlaw-2799	683	22	interest	interest	NOUN
taxlaw-2799	683	23	rate	rate	NOUN
taxlaw-2799	683	24	swap	swap	NOUN
taxlaw-2799	683	25	that	that	PRON
taxlaw-2799	683	26	pays	pay	VERB
taxlaw-2799	683	27	a	a	DET
taxlaw-2799	683	28	4	4	NUM
taxlaw-2799	683	29	percent	percent	NOUN
taxlaw-2799	683	30	coupon	coupon	NOUN
taxlaw-2799	683	31	vs.	vs.	ADP
taxlaw-2799	683	32	3	3	NUM
taxlaw-2799	683	33	-	-	PUNCT
taxlaw-2799	683	34	month	month	NOUN
taxlaw-2799	683	35	libor	libor	NOUN
taxlaw-2799	683	36	and	and	CCONJ
taxlaw-2799	683	37	has	have	VERB
taxlaw-2799	683	38	a	a	DET
taxlaw-2799	683	39	specified	specified	ADJ
taxlaw-2799	683	40	maturity	maturity	NOUN
taxlaw-2799	683	41	and	and	CCONJ
taxlaw-2799	683	42	other	other	ADJ
taxlaw-2799	683	43	terms	term	NOUN
taxlaw-2799	683	44	.	.	PUNCT
taxlaw-2799	684	1	b.	b.	PROPN
taxlaw-2799	684	2	summary	summary	NOUN
taxlaw-2799	684	3	of	of	ADP
taxlaw-2799	684	4	dodd	dodd	PROPN
taxlaw-2799	684	5	-	-	PUNCT
taxlaw-2799	684	6	frank	frank	PROPN
taxlaw-2799	684	7	’s	’s	PART
taxlaw-2799	684	8	provisions	provision	NOUN
taxlaw-2799	684	9	relating	relate	VERB
taxlaw-2799	684	10	to	to	ADP
taxlaw-2799	684	11	derivatives	derivative	NOUN
taxlaw-2799	684	12	.	.	PUNCT
taxlaw-2799	685	1	dodd	dodd	NOUN
taxlaw-2799	685	2	-	-	PUNCT
taxlaw-2799	685	3	frank	frank	PROPN
taxlaw-2799	685	4	repeals	repeal	NOUN
taxlaw-2799	685	5	existing	exist	VERB
taxlaw-2799	685	6	restrictions	restriction	NOUN
taxlaw-2799	685	7	on	on	ADP
taxlaw-2799	685	8	the	the	DET
taxlaw-2799	685	9	substantive	substantive	ADJ
taxlaw-2799	685	10	regulation	regulation	NOUN
taxlaw-2799	685	11	of	of	ADP
taxlaw-2799	685	12	otc	otc	PROPN
taxlaw-2799	685	13	derivatives	derivative	NOUN
taxlaw-2799	685	14	and	and	CCONJ
taxlaw-2799	685	15	establishes	establish	VERB
taxlaw-2799	685	16	a	a	DET
taxlaw-2799	685	17	regime	regime	NOUN
taxlaw-2799	685	18	of	of	ADP
taxlaw-2799	685	19	substantially	substantially	ADV
taxlaw-2799	685	20	parallel	parallel	ADJ
taxlaw-2799	685	21	regulation	regulation	NOUN
taxlaw-2799	685	22	for	for	ADP
taxlaw-2799	685	23	swaps	swap	NOUN
taxlaw-2799	685	24	involving	involve	VERB
taxlaw-2799	685	25	single	single	ADJ
taxlaw-2799	685	26	non	non	ADJ
taxlaw-2799	685	27	-	-	ADJ
taxlaw-2799	685	28	exempt	exempt	ADJ
taxlaw-2799	685	29	securities	security	NOUN
taxlaw-2799	685	30	,	,	PUNCT
taxlaw-2799	685	31	loans	loan	NOUN
taxlaw-2799	685	32	and	and	CCONJ
taxlaw-2799	685	33	narrow	narrow	ADJ
taxlaw-2799	685	34	-	-	PUNCT
taxlaw-2799	685	35	based	base	VERB
taxlaw-2799	685	36	security	security	NOUN
taxlaw-2799	685	37	indices	index	NOUN
taxlaw-2799	685	38	—	—	PUNCT
taxlaw-2799	685	39	to	to	PART
taxlaw-2799	685	40	be	be	AUX
taxlaw-2799	685	41	administered	administer	VERB
taxlaw-2799	685	42	by	by	ADP
taxlaw-2799	685	43	the	the	DET
taxlaw-2799	685	44	sec	sec	PROPN
taxlaw-2799	685	45	—	—	PUNCT
taxlaw-2799	685	46	and	and	CCONJ
taxlaw-2799	685	47	swaps	swap	NOUN
taxlaw-2799	685	48	involving	involve	VERB
taxlaw-2799	685	49	other	other	ADJ
taxlaw-2799	685	50	financial	financial	ADJ
taxlaw-2799	685	51	interests	interest	NOUN
taxlaw-2799	685	52	and	and	CCONJ
taxlaw-2799	685	53	commodities	commodity	NOUN
taxlaw-2799	685	54	—	—	PUNCT
taxlaw-2799	685	55	to	to	PART
taxlaw-2799	685	56	be	be	AUX
taxlaw-2799	685	57	administered	administer	VERB
taxlaw-2799	685	58	by	by	ADP
taxlaw-2799	685	59	the	the	DET
taxlaw-2799	685	60	cftc.58	cftc.58	ADJ
taxlaw-2799	685	61	important	important	ADJ
taxlaw-2799	685	62	questions	question	NOUN
taxlaw-2799	685	63	affecting	affect	VERB
taxlaw-2799	685	64	the	the	DET
taxlaw-2799	685	65	tax	tax	NOUN
taxlaw-2799	685	66	consequences	consequence	NOUN
taxlaw-2799	685	67	of	of	ADP
taxlaw-2799	685	68	these	these	DET
taxlaw-2799	685	69	new	new	ADJ
taxlaw-2799	685	70	rules	rule	NOUN
taxlaw-2799	685	71	include	include	VERB
taxlaw-2799	685	72	(	(	PUNCT
taxlaw-2799	685	73	i	i	NOUN
taxlaw-2799	685	74	)	)	PUNCT
taxlaw-2799	685	75	the	the	DET
taxlaw-2799	685	76	types	type	NOUN
taxlaw-2799	685	77	of	of	ADP
taxlaw-2799	685	78	“	"	PUNCT
taxlaw-2799	685	79	swaps	swap	NOUN
taxlaw-2799	685	80	”	"	PUNCT
taxlaw-2799	685	81	that	that	PRON
taxlaw-2799	685	82	are	be	AUX
taxlaw-2799	685	83	subject	subject	ADJ
taxlaw-2799	685	84	to	to	ADP
taxlaw-2799	685	85	these	these	DET
taxlaw-2799	685	86	rules	rule	NOUN
taxlaw-2799	685	87	,	,	PUNCT
taxlaw-2799	685	88	(	(	PUNCT
taxlaw-2799	685	89	ii	ii	NOUN
taxlaw-2799	685	90	)	)	PUNCT
taxlaw-2799	685	91	the	the	DET
taxlaw-2799	685	92	types	type	NOUN
taxlaw-2799	685	93	of	of	ADP
taxlaw-2799	685	94	exchanges	exchange	NOUN
taxlaw-2799	685	95	that	that	PRON
taxlaw-2799	685	96	swaps	swap	NOUN
taxlaw-2799	685	97	will	will	AUX
taxlaw-2799	685	98	be	be	AUX
taxlaw-2799	685	99	required	require	VERB
taxlaw-2799	685	100	to	to	PART
taxlaw-2799	685	101	trade	trade	VERB
taxlaw-2799	685	102	on	on	ADP
taxlaw-2799	685	103	,	,	PUNCT
taxlaw-2799	685	104	and	and	CCONJ
taxlaw-2799	685	105	(	(	PUNCT
taxlaw-2799	685	106	iii	iii	X
taxlaw-2799	685	107	)	)	PUNCT
taxlaw-2799	685	108	the	the	DET
taxlaw-2799	685	109	parties	party	NOUN
taxlaw-2799	685	110	that	that	PRON
taxlaw-2799	685	111	are	be	AUX
taxlaw-2799	685	112	subject	subject	ADJ
taxlaw-2799	685	113	to	to	ADP
taxlaw-2799	685	114	or	or	CCONJ
taxlaw-2799	685	115	exempt	exempt	ADJ
taxlaw-2799	685	116	from	from	ADP
taxlaw-2799	685	117	these	these	DET
taxlaw-2799	685	118	rules	rule	NOUN
taxlaw-2799	685	119	,	,	PUNCT
taxlaw-2799	685	120	under	under	ADP
taxlaw-2799	685	121	dodd	dodd	PROPN
taxlaw-2799	685	122	-	-	PUNCT
taxlaw-2799	685	123	frank	frank	ADJ
taxlaw-2799	685	124	,	,	PUNCT
taxlaw-2799	685	125	swaps	swap	NOUN
taxlaw-2799	685	126	and	and	CCONJ
taxlaw-2799	685	127	the	the	DET
taxlaw-2799	685	128	market	market	NOUN
taxlaw-2799	685	129	participants	participant	NOUN
taxlaw-2799	685	130	that	that	PRON
taxlaw-2799	685	131	enter	enter	VERB
taxlaw-2799	685	132	into	into	ADP
taxlaw-2799	685	133	them	they	PRON
taxlaw-2799	685	134	will	will	AUX
taxlaw-2799	685	135	be	be	AUX
taxlaw-2799	685	136	subject	subject	ADJ
taxlaw-2799	685	137	to	to	ADP
taxlaw-2799	685	138	comprehensive	comprehensive	ADJ
taxlaw-2799	685	139	regulation	regulation	NOUN
taxlaw-2799	685	140	,	,	PUNCT
taxlaw-2799	685	141	in	in	ADP
taxlaw-2799	685	142	some	some	DET
taxlaw-2799	685	143	ways	way	NOUN
taxlaw-2799	685	144	more	more	ADV
taxlaw-2799	685	145	restrictive	restrictive	ADJ
taxlaw-2799	685	146	than	than	ADP
taxlaw-2799	685	147	existing	exist	VERB
taxlaw-2799	685	148	regulation	regulation	NOUN
taxlaw-2799	685	149	of	of	ADP
taxlaw-2799	685	150	the	the	DET
taxlaw-2799	685	151	securities	security	NOUN
taxlaw-2799	685	152	markets	market	NOUN
taxlaw-2799	685	153	.	.	PUNCT
taxlaw-2799	686	1	requirements	requirement	NOUN
taxlaw-2799	686	2	will	will	AUX
taxlaw-2799	686	3	include	include	VERB
taxlaw-2799	686	4	:	:	PUNCT
taxlaw-2799	686	5	registration	registration	NOUN
taxlaw-2799	686	6	and	and	CCONJ
taxlaw-2799	686	7	capital	capital	NOUN
taxlaw-2799	686	8	,	,	PUNCT
taxlaw-2799	686	9	margin	margin	NOUN
taxlaw-2799	686	10	and	and	CCONJ
taxlaw-2799	686	11	business	business	NOUN
taxlaw-2799	686	12	conduct	conduct	NOUN
taxlaw-2799	686	13	requirements	requirement	NOUN
taxlaw-2799	686	14	for	for	ADP
taxlaw-2799	686	15	swap	swap	NOUN
taxlaw-2799	686	16	dealers	dealer	NOUN
taxlaw-2799	686	17	and	and	CCONJ
taxlaw-2799	686	18	major	major	ADJ
taxlaw-2799	686	19	swap	swap	NOUN
taxlaw-2799	686	20	participants	participant	NOUN
taxlaw-2799	686	21	;	;	PUNCT
taxlaw-2799	686	22	mandatory	mandatory	ADJ
taxlaw-2799	686	23	clearing	clearing	NOUN
taxlaw-2799	686	24	and	and	CCONJ
taxlaw-2799	686	25	trading	trading	NOUN
taxlaw-2799	686	26	requirements	requirement	NOUN
taxlaw-2799	686	27	for	for	ADP
taxlaw-2799	686	28	potentially	potentially	ADV
taxlaw-2799	686	29	all	all	PRON
taxlaw-2799	686	30	standardized	standardized	ADJ
taxlaw-2799	686	31	swaps	swap	NOUN
taxlaw-2799	686	32	;	;	PUNCT
taxlaw-2799	686	33	real	real	ADJ
taxlaw-2799	686	34	-	-	PUNCT
taxlaw-2799	686	35	time	time	NOUN
taxlaw-2799	686	36	public	public	ADJ
taxlaw-2799	686	37	transaction	transaction	NOUN
taxlaw-2799	686	38	reporting	reporting	NOUN
taxlaw-2799	686	39	;	;	PUNCT
taxlaw-2799	686	40	and	and	CCONJ
taxlaw-2799	686	41	a	a	DET
taxlaw-2799	686	42	provision	provision	NOUN
taxlaw-2799	686	43	limiting	limit	VERB
taxlaw-2799	686	44	the	the	DET
taxlaw-2799	686	45	scope	scope	NOUN
taxlaw-2799	686	46	of	of	ADP
taxlaw-2799	686	47	permitted	permit	VERB
taxlaw-2799	686	48	swap	swap	NOUN
taxlaw-2799	686	49	activities	activity	NOUN
taxlaw-2799	686	50	that	that	PRON
taxlaw-2799	686	51	may	may	AUX
taxlaw-2799	686	52	be	be	AUX
taxlaw-2799	686	53	conducted	conduct	VERB
taxlaw-2799	686	54	by	by	ADP
taxlaw-2799	686	55	certain	certain	ADJ
taxlaw-2799	686	56	swap	swap	NOUN
taxlaw-2799	686	57	entities	entity	NOUN
taxlaw-2799	686	58	that	that	PRON
taxlaw-2799	686	59	receive	receive	VERB
taxlaw-2799	686	60	federal	federal	ADJ
taxlaw-2799	686	61	assistance	assistance	NOUN
taxlaw-2799	686	62	.	.	PUNCT
taxlaw-2799	687	1	notwithstanding	notwithstanding	ADP
taxlaw-2799	687	2	the	the	DET
taxlaw-2799	687	3	many	many	ADJ
taxlaw-2799	687	4	complex	complex	ADJ
taxlaw-2799	687	5	definitional	definitional	ADJ
taxlaw-2799	687	6	and	and	CCONJ
taxlaw-2799	687	7	other	other	ADJ
taxlaw-2799	687	8	issues	issue	NOUN
taxlaw-2799	687	9	that	that	PRON
taxlaw-2799	687	10	will	will	AUX
taxlaw-2799	687	11	need	need	VERB
taxlaw-2799	687	12	to	to	PART
taxlaw-2799	687	13	be	be	AUX
taxlaw-2799	687	14	resolved	resolve	VERB
taxlaw-2799	687	15	in	in	ADP
taxlaw-2799	687	16	order	order	NOUN
taxlaw-2799	687	17	to	to	PART
taxlaw-2799	687	18	implement	implement	VERB
taxlaw-2799	687	19	these	these	DET
taxlaw-2799	687	20	new	new	ADJ
taxlaw-2799	687	21	rules	rule	NOUN
taxlaw-2799	687	22	,	,	PUNCT
taxlaw-2799	687	23	they	they	PRON
taxlaw-2799	687	24	will	will	AUX
taxlaw-2799	687	25	,	,	PUNCT
taxlaw-2799	687	26	for	for	ADP
taxlaw-2799	687	27	the	the	DET
taxlaw-2799	687	28	most	most	ADJ
taxlaw-2799	687	29	part	part	NOUN
taxlaw-2799	687	30	,	,	PUNCT
taxlaw-2799	687	31	come	come	VERB
taxlaw-2799	687	32	into	into	ADP
taxlaw-2799	687	33	effect	effect	NOUN
taxlaw-2799	687	34	roughly	roughly	ADV
taxlaw-2799	687	35	one	one	NUM
taxlaw-2799	687	36	year	year	NOUN
taxlaw-2799	687	37	after	after	ADP
taxlaw-2799	687	38	enactment	enactment	NOUN
taxlaw-2799	687	39	.	.	PUNCT
taxlaw-2799	688	1	1	1	X
taxlaw-2799	688	2	.	.	X
taxlaw-2799	688	3	definition	definition	NOUN
taxlaw-2799	688	4	of	of	ADP
taxlaw-2799	688	5	“	"	PUNCT
taxlaw-2799	688	6	swap	swap	NOUN
taxlaw-2799	688	7	”	"	PUNCT
taxlaw-2799	688	8	.	.	PUNCT
taxlaw-2799	689	1	the	the	DET
taxlaw-2799	689	2	term	term	NOUN
taxlaw-2799	689	3	“	"	PUNCT
taxlaw-2799	689	4	swap	swap	NOUN
taxlaw-2799	689	5	”	"	PUNCT
taxlaw-2799	689	6	is	be	AUX
taxlaw-2799	689	7	broadly	broadly	ADV
taxlaw-2799	689	8	defined	define	VERB
taxlaw-2799	689	9	to	to	PART
taxlaw-2799	689	10	include	include	VERB
taxlaw-2799	689	11	most	most	ADV
taxlaw-2799	689	12	widely	widely	ADV
taxlaw-2799	689	13	traded	trade	VERB
taxlaw-2799	689	14	types	type	NOUN
taxlaw-2799	689	15	of	of	ADP
taxlaw-2799	689	16	otc	otc	PROPN
taxlaw-2799	689	17	derivatives	derivative	NOUN
taxlaw-2799	689	18	,	,	PUNCT
taxlaw-2799	689	19	although	although	SCONJ
taxlaw-2799	689	20	it	it	PRON
taxlaw-2799	689	21	excludes	exclude	VERB
taxlaw-2799	689	22	certain	certain	ADJ
taxlaw-2799	689	23	specified	specified	ADJ
taxlaw-2799	689	24	categories	category	NOUN
taxlaw-2799	689	25	of	of	ADP
taxlaw-2799	689	26	transactions	transaction	NOUN
taxlaw-2799	689	27	such	such	ADJ
taxlaw-2799	689	28	as	as	ADP
taxlaw-2799	689	29	options	option	NOUN
taxlaw-2799	689	30	on	on	ADP
taxlaw-2799	689	31	securities	security	NOUN
taxlaw-2799	689	32	(	(	PUNCT
taxlaw-2799	689	33	as	as	SCONJ
taxlaw-2799	689	34	determined	determine	VERB
taxlaw-2799	689	35	for	for	ADP
taxlaw-2799	689	36	securities	security	NOUN
taxlaw-2799	689	37	law	law	NOUN
taxlaw-2799	689	38	purposes	purpose	NOUN
taxlaw-2799	689	39	)	)	PUNCT
taxlaw-2799	689	40	.	.	PUNCT
taxlaw-2799	690	1	more	more	ADV
taxlaw-2799	690	2	specifically	specifically	ADV
taxlaw-2799	690	3	,	,	PUNCT
taxlaw-2799	690	4	the	the	DET
taxlaw-2799	690	5	statutory	statutory	ADJ
taxlaw-2799	690	6	definition	definition	NOUN
taxlaw-2799	690	7	of	of	ADP
taxlaw-2799	690	8	the	the	DET
taxlaw-2799	690	9	term	term	NOUN
taxlaw-2799	690	10	“	"	PUNCT
taxlaw-2799	690	11	swap	swap	NOUN
taxlaw-2799	690	12	”	"	PUNCT
taxlaw-2799	690	13	generally	generally	ADV
taxlaw-2799	690	14	includes	include	VERB
taxlaw-2799	690	15	puts	put	NOUN
taxlaw-2799	690	16	,	,	PUNCT
taxlaw-2799	690	17	calls	call	NOUN
taxlaw-2799	690	18	,	,	PUNCT
taxlaw-2799	690	19	collars	collar	NOUN
taxlaw-2799	690	20	,	,	PUNCT
taxlaw-2799	690	21	forwards	forward	NOUN
taxlaw-2799	690	22	,	,	PUNCT
taxlaw-2799	690	23	a	a	DET
taxlaw-2799	690	24	list	list	NOUN
taxlaw-2799	690	25	of	of	ADP
taxlaw-2799	690	26	22	22	NUM
taxlaw-2799	690	27	specified	specified	ADJ
taxlaw-2799	690	28	types	type	NOUN
taxlaw-2799	690	29	of	of	ADP
taxlaw-2799	690	30	swaps	swap	NOUN
taxlaw-2799	690	31	,	,	PUNCT
taxlaw-2799	690	32	and	and	CCONJ
taxlaw-2799	690	33	any	any	DET
taxlaw-2799	690	34	transaction	transaction	NOUN
taxlaw-2799	690	35	that	that	PRON
taxlaw-2799	690	36	is	be	AUX
taxlaw-2799	690	37	or	or	CCONJ
taxlaw-2799	690	38	in	in	ADP
taxlaw-2799	690	39	the	the	DET
taxlaw-2799	690	40	future	future	NOUN
taxlaw-2799	690	41	becomes	becomes	AUX
taxlaw-2799	690	42	commonly	commonly	ADV
taxlaw-2799	690	43	known	know	VERB
taxlaw-2799	690	44	to	to	ADP
taxlaw-2799	690	45	the	the	DET
taxlaw-2799	690	46	trade	trade	NOUN
taxlaw-2799	690	47	as	as	ADP
taxlaw-2799	690	48	a	a	DET
taxlaw-2799	690	49	swap.59	swap.59	NOUN
taxlaw-2799	690	50	as	as	ADP
taxlaw-2799	690	51	the	the	DET
taxlaw-2799	690	52	list	list	NOUN
taxlaw-2799	690	53	may	may	AUX
taxlaw-2799	690	54	be	be	AUX
taxlaw-2799	690	55	relevant	relevant	ADJ
taxlaw-2799	690	56	to	to	ADP
taxlaw-2799	690	57	the	the	DET
taxlaw-2799	690	58	analysis	analysis	NOUN
taxlaw-2799	690	59	of	of	ADP
taxlaw-2799	690	60	the	the	DET
taxlaw-2799	690	61	scope	scope	NOUN
taxlaw-2799	690	62	of	of	ADP
taxlaw-2799	690	63	dodd	dodd	PROPN
taxlaw-2799	690	64	-	-	PUNCT
taxlaw-2799	690	65	frank	frank	PROPN
taxlaw-2799	690	66	’s	’s	PROPN
taxlaw-2799	690	67	amendment	amendment	NOUN
taxlaw-2799	690	68	to	to	ADP
taxlaw-2799	690	69	§	§	PROPN
taxlaw-2799	690	70	1256	1256	NUM
taxlaw-2799	690	71	,	,	PUNCT
taxlaw-2799	690	72	it	it	PRON
taxlaw-2799	690	73	is	be	AUX
taxlaw-2799	690	74	provided	provide	VERB
taxlaw-2799	690	75	here	here	ADV
taxlaw-2799	690	76	:	:	PUNCT
taxlaw-2799	690	77	(	(	PUNCT
taxlaw-2799	690	78	i	i	NOUN
taxlaw-2799	690	79	)	)	PUNCT
taxlaw-2799	690	80	an	an	DET
taxlaw-2799	690	81	interest	interest	NOUN
taxlaw-2799	690	82	rate	rate	NOUN
taxlaw-2799	690	83	swap	swap	NOUN
taxlaw-2799	690	84	;	;	PUNCT
taxlaw-2799	690	85	(	(	PUNCT
taxlaw-2799	690	86	ii	ii	NOUN
taxlaw-2799	690	87	)	)	PUNCT
taxlaw-2799	690	88	a	a	DET
taxlaw-2799	690	89	rate	rate	NOUN
taxlaw-2799	690	90	floor	floor	NOUN
taxlaw-2799	690	91	;	;	PUNCT
taxlaw-2799	690	92	(	(	PUNCT
taxlaw-2799	690	93	iii	iii	X
taxlaw-2799	690	94	)	)	PUNCT
taxlaw-2799	690	95	a	a	DET
taxlaw-2799	690	96	rate	rate	NOUN
taxlaw-2799	690	97	cap	cap	NOUN
taxlaw-2799	690	98	;	;	PUNCT
taxlaw-2799	690	99	(	(	PUNCT
taxlaw-2799	690	100	iv	iv	X
taxlaw-2799	690	101	)	)	PUNCT
taxlaw-2799	690	102	a	a	DET
taxlaw-2799	690	103	rate	rate	NOUN
taxlaw-2799	690	104	collar	collar	NOUN
taxlaw-2799	690	105	;	;	PUNCT
taxlaw-2799	690	106	58	58	NUM
taxlaw-2799	690	107	dodd	dodd	PROPN
taxlaw-2799	690	108	-	-	PUNCT
taxlaw-2799	690	109	frank	frank	PROPN
taxlaw-2799	690	110	wall	wall	PROPN
taxlaw-2799	690	111	street	street	PROPN
taxlaw-2799	690	112	reform	reform	PROPN
taxlaw-2799	690	113	and	and	CCONJ
taxlaw-2799	690	114	consumer	consumer	NOUN
taxlaw-2799	690	115	protection	protection	PROPN
taxlaw-2799	690	116	act	act	PROPN
taxlaw-2799	690	117	,	,	PUNCT
taxlaw-2799	690	118	pub	pub	NOUN
taxlaw-2799	690	119	.	.	PUNCT
taxlaw-2799	691	1	l.	l.	PROPN
taxlaw-2799	691	2	no	no	INTJ
taxlaw-2799	691	3	.	.	PROPN
taxlaw-2799	692	1	111203	111203	NUM
taxlaw-2799	692	2	,	,	PUNCT
taxlaw-2799	692	3	§	§	PROPN
taxlaw-2799	692	4	721	721	NUM
taxlaw-2799	692	5	,	,	PUNCT
taxlaw-2799	692	6	124	124	NUM
taxlaw-2799	692	7	stat	stat	NOUN
taxlaw-2799	692	8	.	.	PUNCT
taxlaw-2799	693	1	1376	1376	NUM
taxlaw-2799	693	2	,	,	PUNCT
taxlaw-2799	693	3	1658	1658	NUM
taxlaw-2799	693	4	-	-	SYM
taxlaw-2799	693	5	72	72	NUM
taxlaw-2799	693	6	(	(	PUNCT
taxlaw-2799	693	7	2010	2010	NUM
taxlaw-2799	693	8	)	)	PUNCT
taxlaw-2799	693	9	(	(	PUNCT
taxlaw-2799	693	10	amendments	amendment	NOUN
taxlaw-2799	693	11	to	to	ADP
taxlaw-2799	693	12	the	the	DET
taxlaw-2799	693	13	commodity	commodity	NOUN
taxlaw-2799	693	14	exchange	exchange	PROPN
taxlaw-2799	693	15	act	act	PROPN
taxlaw-2799	693	16	,	,	PUNCT
taxlaw-2799	693	17	including	include	VERB
taxlaw-2799	693	18	the	the	DET
taxlaw-2799	693	19	definition	definition	NOUN
taxlaw-2799	693	20	of	of	ADP
taxlaw-2799	693	21	“	"	PUNCT
taxlaw-2799	693	22	swap	swap	NOUN
taxlaw-2799	693	23	”	"	PUNCT
taxlaw-2799	693	24	)	)	PUNCT
taxlaw-2799	693	25	;	;	PUNCT
taxlaw-2799	693	26	§	§	PROPN
taxlaw-2799	693	27	761	761	NUM
taxlaw-2799	693	28	,	,	PUNCT
taxlaw-2799	693	29	124	124	NUM
taxlaw-2799	693	30	stat	stat	NOUN
taxlaw-2799	693	31	.	.	PUNCT
taxlaw-2799	694	1	1376	1376	NUM
taxlaw-2799	694	2	,	,	PUNCT
taxlaw-2799	694	3	1754	1754	NUM
taxlaw-2799	694	4	-	-	SYM
taxlaw-2799	694	5	59	59	NUM
taxlaw-2799	694	6	(	(	PUNCT
taxlaw-2799	694	7	2010	2010	NUM
taxlaw-2799	694	8	)	)	PUNCT
taxlaw-2799	694	9	(	(	PUNCT
taxlaw-2799	694	10	amendments	amendment	NOUN
taxlaw-2799	694	11	to	to	ADP
taxlaw-2799	694	12	the	the	DET
taxlaw-2799	694	13	securities	securities	PROPN
taxlaw-2799	694	14	exchange	exchange	PROPN
taxlaw-2799	694	15	act	act	NOUN
taxlaw-2799	694	16	of	of	ADP
taxlaw-2799	694	17	1934	1934	NUM
taxlaw-2799	694	18	,	,	PUNCT
taxlaw-2799	694	19	including	include	VERB
taxlaw-2799	694	20	the	the	DET
taxlaw-2799	694	21	definition	definition	NOUN
taxlaw-2799	694	22	of	of	ADP
taxlaw-2799	694	23	“	"	PUNCT
taxlaw-2799	694	24	security	security	NOUN
taxlaw-2799	694	25	-	-	PUNCT
taxlaw-2799	694	26	based	base	VERB
taxlaw-2799	694	27	swap	swap	NOUN
taxlaw-2799	694	28	”	"	PUNCT
taxlaw-2799	694	29	)	)	PUNCT
taxlaw-2799	694	30	.	.	PUNCT
taxlaw-2799	695	1	59	59	NUM
taxlaw-2799	695	2	the	the	DET
taxlaw-2799	695	3	definition	definition	NOUN
taxlaw-2799	695	4	of	of	ADP
taxlaw-2799	695	5	“	"	PUNCT
taxlaw-2799	695	6	swap	swap	NOUN
taxlaw-2799	695	7	”	"	PUNCT
taxlaw-2799	695	8	takes	take	VERB
taxlaw-2799	695	9	four	four	NUM
taxlaw-2799	695	10	single	single	ADJ
taxlaw-2799	695	11	-	-	PUNCT
taxlaw-2799	695	12	spaced	space	VERB
taxlaw-2799	695	13	pages	page	NOUN
taxlaw-2799	695	14	in	in	ADP
taxlaw-2799	695	15	the	the	DET
taxlaw-2799	695	16	official	official	ADJ
taxlaw-2799	695	17	printed	print	VERB
taxlaw-2799	695	18	version	version	NOUN
taxlaw-2799	695	19	of	of	ADP
taxlaw-2799	695	20	dodd	dodd	PROPN
taxlaw-2799	695	21	-	-	PUNCT
taxlaw-2799	695	22	frank	frank	PROPN
taxlaw-2799	695	23	.	.	PUNCT
taxlaw-2799	696	1	34	34	NUM
taxlaw-2799	696	2	columbia	columbia	PROPN
taxlaw-2799	696	3	jour	jour	PROPN
taxlaw-2799	696	4	al	al	PROPN
taxlaw-2799	696	5	of	of	ADP
taxlaw-2799	696	6	tax	tax	NOUN
taxlaw-2799	696	7	law	law	NOUN
taxlaw-2799	696	8	[	[	X
taxlaw-2799	696	9	vol	vol	NOUN
taxlaw-2799	696	10	.	.	PUNCT
taxlaw-2799	696	11	2:1	2:1	NUM
taxlaw-2799	696	12	(	(	PUNCT
taxlaw-2799	696	13	v	v	NOUN
taxlaw-2799	696	14	)	)	PUNCT
taxlaw-2799	696	15	a	a	DET
taxlaw-2799	696	16	cross	cross	ADJ
taxlaw-2799	696	17	-	-	ADJ
taxlaw-2799	696	18	currency	currency	ADJ
taxlaw-2799	696	19	rate	rate	NOUN
taxlaw-2799	696	20	swap	swap	NOUN
taxlaw-2799	696	21	;	;	PUNCT
taxlaw-2799	696	22	(	(	PUNCT
taxlaw-2799	696	23	vi	vi	X
taxlaw-2799	696	24	)	)	PUNCT
taxlaw-2799	696	25	a	a	DET
taxlaw-2799	696	26	basis	basis	NOUN
taxlaw-2799	696	27	swap	swap	NOUN
taxlaw-2799	696	28	;	;	PUNCT
taxlaw-2799	696	29	(	(	PUNCT
taxlaw-2799	696	30	vii	vii	PROPN
taxlaw-2799	696	31	)	)	PUNCT
taxlaw-2799	696	32	a	a	DET
taxlaw-2799	696	33	currency	currency	NOUN
taxlaw-2799	696	34	swap	swap	NOUN
taxlaw-2799	696	35	;	;	PUNCT
taxlaw-2799	696	36	(	(	PUNCT
taxlaw-2799	696	37	viii	viii	NOUN
taxlaw-2799	696	38	)	)	PUNCT
taxlaw-2799	696	39	a	a	DET
taxlaw-2799	696	40	foreign	foreign	ADJ
taxlaw-2799	696	41	exchange	exchange	NOUN
taxlaw-2799	696	42	swap	swap	NOUN
taxlaw-2799	696	43	;	;	PUNCT
taxlaw-2799	696	44	(	(	PUNCT
taxlaw-2799	696	45	ix	ix	X
taxlaw-2799	696	46	)	)	PUNCT
taxlaw-2799	696	47	a	a	DET
taxlaw-2799	696	48	total	total	ADJ
taxlaw-2799	696	49	return	return	NOUN
taxlaw-2799	696	50	swap	swap	NOUN
taxlaw-2799	696	51	;	;	PUNCT
taxlaw-2799	696	52	(	(	PUNCT
taxlaw-2799	696	53	x	x	X
taxlaw-2799	696	54	)	)	PUNCT
taxlaw-2799	696	55	an	an	DET
taxlaw-2799	696	56	equity	equity	NOUN
taxlaw-2799	696	57	index	index	NOUN
taxlaw-2799	696	58	swap	swap	NOUN
taxlaw-2799	696	59	;	;	PUNCT
taxlaw-2799	696	60	(	(	PUNCT
taxlaw-2799	696	61	xi	xi	X
taxlaw-2799	696	62	)	)	PUNCT
taxlaw-2799	696	63	an	an	DET
taxlaw-2799	696	64	equity	equity	NOUN
taxlaw-2799	696	65	swap	swap	NOUN
taxlaw-2799	696	66	;	;	PUNCT
taxlaw-2799	696	67	(	(	PUNCT
taxlaw-2799	696	68	xii	xii	NOUN
taxlaw-2799	696	69	)	)	PUNCT
taxlaw-2799	696	70	a	a	DET
taxlaw-2799	696	71	debt	debt	NOUN
taxlaw-2799	696	72	index	index	NOUN
taxlaw-2799	696	73	swap	swap	NOUN
taxlaw-2799	696	74	;	;	PUNCT
taxlaw-2799	696	75	(	(	PUNCT
taxlaw-2799	696	76	xiii	xiii	X
taxlaw-2799	696	77	)	)	PUNCT
taxlaw-2799	696	78	a	a	DET
taxlaw-2799	696	79	debt	debt	NOUN
taxlaw-2799	696	80	swap	swap	NOUN
taxlaw-2799	696	81	;	;	PUNCT
taxlaw-2799	696	82	xiv	xiv	PROPN
taxlaw-2799	696	83	)	)	PUNCT
taxlaw-2799	696	84	a	a	DET
taxlaw-2799	696	85	credit	credit	NOUN
taxlaw-2799	696	86	spread	spread	NOUN
taxlaw-2799	696	87	;	;	PUNCT
taxlaw-2799	696	88	(	(	PUNCT
taxlaw-2799	696	89	xv	xv	PROPN
taxlaw-2799	696	90	)	)	PUNCT
taxlaw-2799	696	91	a	a	DET
taxlaw-2799	696	92	credit	credit	NOUN
taxlaw-2799	696	93	default	default	NOUN
taxlaw-2799	696	94	swap	swap	NOUN
taxlaw-2799	696	95	;	;	PUNCT
taxlaw-2799	696	96	(	(	PUNCT
taxlaw-2799	696	97	xvi	xvi	NOUN
taxlaw-2799	696	98	)	)	PUNCT
taxlaw-2799	696	99	a	a	DET
taxlaw-2799	696	100	credit	credit	NOUN
taxlaw-2799	696	101	swap	swap	NOUN
taxlaw-2799	696	102	;	;	PUNCT
taxlaw-2799	696	103	(	(	PUNCT
taxlaw-2799	696	104	xvii	xvii	PROPN
taxlaw-2799	696	105	)	)	PUNCT
taxlaw-2799	696	106	a	a	DET
taxlaw-2799	696	107	weather	weather	NOUN
taxlaw-2799	696	108	swap	swap	NOUN
taxlaw-2799	696	109	;	;	PUNCT
taxlaw-2799	696	110	(	(	PUNCT
taxlaw-2799	696	111	xviii	xviii	PROPN
taxlaw-2799	696	112	)	)	PUNCT
taxlaw-2799	696	113	an	an	DET
taxlaw-2799	696	114	energy	energy	NOUN
taxlaw-2799	696	115	swap	swap	NOUN
taxlaw-2799	696	116	;	;	PUNCT
taxlaw-2799	696	117	(	(	PUNCT
taxlaw-2799	696	118	xix	xix	PROPN
taxlaw-2799	696	119	)	)	PUNCT
taxlaw-2799	696	120	a	a	DET
taxlaw-2799	696	121	metal	metal	NOUN
taxlaw-2799	696	122	swap	swap	NOUN
taxlaw-2799	696	123	;	;	PUNCT
taxlaw-2799	696	124	(	(	PUNCT
taxlaw-2799	696	125	xx	xx	X
taxlaw-2799	696	126	)	)	PUNCT
taxlaw-2799	696	127	an	an	DET
taxlaw-2799	696	128	agricultural	agricultural	ADJ
taxlaw-2799	696	129	swap	swap	NOUN
taxlaw-2799	696	130	;	;	PUNCT
taxlaw-2799	696	131	(	(	PUNCT
taxlaw-2799	696	132	xxi	xxi	PROPN
taxlaw-2799	696	133	)	)	PUNCT
taxlaw-2799	696	134	an	an	DET
taxlaw-2799	696	135	emissions	emission	NOUN
taxlaw-2799	696	136	swap	swap	NOUN
taxlaw-2799	696	137	;	;	PUNCT
taxlaw-2799	696	138	and	and	CCONJ
taxlaw-2799	696	139	(	(	PUNCT
taxlaw-2799	696	140	xxii	xxii	PROPN
taxlaw-2799	696	141	)	)	PUNCT
taxlaw-2799	696	142	a	a	DET
taxlaw-2799	696	143	commodity	commodity	NOUN
taxlaw-2799	696	144	swap.60	swap.60	NOUN
taxlaw-2799	696	145	technically	technically	ADV
taxlaw-2799	696	146	,	,	PUNCT
taxlaw-2799	696	147	a	a	DET
taxlaw-2799	696	148	“	"	PUNCT
taxlaw-2799	696	149	swap	swap	NOUN
taxlaw-2799	696	150	”	"	PUNCT
taxlaw-2799	696	151	is	be	AUX
taxlaw-2799	696	152	subject	subject	ADJ
taxlaw-2799	696	153	to	to	ADP
taxlaw-2799	696	154	the	the	DET
taxlaw-2799	696	155	cftc	cftc	PROPN
taxlaw-2799	696	156	’s	’s	PART
taxlaw-2799	696	157	jurisdiction	jurisdiction	NOUN
taxlaw-2799	696	158	and	and	CCONJ
taxlaw-2799	696	159	a	a	DET
taxlaw-2799	696	160	“	"	PUNCT
taxlaw-2799	696	161	securitybased	securitybased	ADJ
taxlaw-2799	696	162	swap	swap	NOUN
taxlaw-2799	696	163	”	"	PUNCT
taxlaw-2799	696	164	is	be	AUX
taxlaw-2799	696	165	subject	subject	ADJ
taxlaw-2799	696	166	to	to	ADP
taxlaw-2799	696	167	the	the	DET
taxlaw-2799	696	168	sec	sec	PROPN
taxlaw-2799	696	169	’s	’s	PART
taxlaw-2799	696	170	jurisdiction	jurisdiction	NOUN
taxlaw-2799	696	171	.	.	PUNCT
taxlaw-2799	697	1	for	for	ADP
taxlaw-2799	697	2	purposes	purpose	NOUN
taxlaw-2799	697	3	of	of	ADP
taxlaw-2799	697	4	this	this	DET
taxlaw-2799	697	5	article	article	NOUN
taxlaw-2799	697	6	,	,	PUNCT
taxlaw-2799	697	7	since	since	SCONJ
taxlaw-2799	697	8	the	the	DET
taxlaw-2799	697	9	clearing	clearing	NOUN
taxlaw-2799	697	10	and	and	CCONJ
taxlaw-2799	697	11	trading	trading	NOUN
taxlaw-2799	697	12	rules	rule	NOUN
taxlaw-2799	697	13	applicable	applicable	ADJ
taxlaw-2799	697	14	to	to	ADP
taxlaw-2799	697	15	these	these	DET
taxlaw-2799	697	16	two	two	NUM
taxlaw-2799	697	17	categories	category	NOUN
taxlaw-2799	697	18	are	be	AUX
taxlaw-2799	697	19	parallel	parallel	ADJ
taxlaw-2799	697	20	,	,	PUNCT
taxlaw-2799	697	21	both	both	PRON
taxlaw-2799	697	22	will	will	AUX
taxlaw-2799	697	23	be	be	AUX
taxlaw-2799	697	24	referred	refer	VERB
taxlaw-2799	697	25	to	to	ADP
taxlaw-2799	697	26	as	as	ADP
taxlaw-2799	697	27	“	"	PUNCT
taxlaw-2799	697	28	swaps	swap	NOUN
taxlaw-2799	697	29	.	.	PUNCT
taxlaw-2799	697	30	”	"	PUNCT
taxlaw-2799	698	1	the	the	DET
taxlaw-2799	698	2	definition	definition	NOUN
taxlaw-2799	698	3	of	of	ADP
taxlaw-2799	698	4	“	"	PUNCT
taxlaw-2799	698	5	swap	swap	NOUN
taxlaw-2799	698	6	”	"	PUNCT
taxlaw-2799	698	7	excludes	exclude	VERB
taxlaw-2799	698	8	futures	future	NOUN
taxlaw-2799	698	9	contracts	contract	NOUN
taxlaw-2799	698	10	,	,	PUNCT
taxlaw-2799	698	11	although	although	SCONJ
taxlaw-2799	698	12	the	the	DET
taxlaw-2799	698	13	distinction	distinction	NOUN
taxlaw-2799	698	14	between	between	ADP
taxlaw-2799	698	15	a	a	DET
taxlaw-2799	698	16	swap	swap	NOUN
taxlaw-2799	698	17	and	and	CCONJ
taxlaw-2799	698	18	a	a	DET
taxlaw-2799	698	19	futures	future	NOUN
taxlaw-2799	698	20	contract	contract	NOUN
taxlaw-2799	698	21	is	be	AUX
taxlaw-2799	698	22	not	not	PART
taxlaw-2799	698	23	entirely	entirely	ADV
taxlaw-2799	698	24	clear	clear	ADJ
taxlaw-2799	698	25	.	.	PUNCT
taxlaw-2799	699	1	it	it	PRON
taxlaw-2799	699	2	also	also	ADV
taxlaw-2799	699	3	excludes	exclude	VERB
taxlaw-2799	699	4	any	any	DET
taxlaw-2799	699	5	foreign	foreign	ADJ
taxlaw-2799	699	6	currency	currency	NOUN
taxlaw-2799	699	7	contract	contract	NOUN
taxlaw-2799	699	8	traded	trade	VERB
taxlaw-2799	699	9	on	on	ADP
taxlaw-2799	699	10	an	an	DET
taxlaw-2799	699	11	exchange	exchange	NOUN
taxlaw-2799	699	12	,	,	PUNCT
taxlaw-2799	699	13	presumably	presumably	ADV
taxlaw-2799	699	14	to	to	PART
taxlaw-2799	699	15	preserve	preserve	VERB
taxlaw-2799	699	16	the	the	DET
taxlaw-2799	699	17	current	current	ADJ
taxlaw-2799	699	18	regulatory	regulatory	ADJ
taxlaw-2799	699	19	treatment	treatment	NOUN
taxlaw-2799	699	20	of	of	ADP
taxlaw-2799	699	21	various	various	ADJ
taxlaw-2799	699	22	foreign	foreign	ADJ
taxlaw-2799	699	23	currency	currency	NOUN
taxlaw-2799	699	24	-	-	PUNCT
taxlaw-2799	699	25	linked	link	VERB
taxlaw-2799	699	26	products	product	NOUN
taxlaw-2799	699	27	now	now	ADV
taxlaw-2799	699	28	trading	trade	VERB
taxlaw-2799	699	29	on	on	ADP
taxlaw-2799	699	30	commodities	commodity	NOUN
taxlaw-2799	699	31	exchanges	exchange	NOUN
taxlaw-2799	699	32	,	,	PUNCT
taxlaw-2799	699	33	and	and	CCONJ
taxlaw-2799	699	34	grants	grant	NOUN
taxlaw-2799	699	35	authority	authority	NOUN
taxlaw-2799	699	36	to	to	PART
taxlaw-2799	699	37	treasury	treasury	VERB
taxlaw-2799	699	38	to	to	PART
taxlaw-2799	699	39	exclude	exclude	VERB
taxlaw-2799	699	40	foreign	foreign	ADJ
taxlaw-2799	699	41	exchange	exchange	NOUN
taxlaw-2799	699	42	swaps	swap	NOUN
taxlaw-2799	699	43	and/or	and/or	CCONJ
taxlaw-2799	699	44	foreign	foreign	ADJ
taxlaw-2799	699	45	exchange	exchange	NOUN
taxlaw-2799	699	46	forwards	forwards	ADV
taxlaw-2799	699	47	from	from	ADP
taxlaw-2799	699	48	certain	certain	ADJ
taxlaw-2799	699	49	provisions	provision	NOUN
taxlaw-2799	699	50	of	of	ADP
taxlaw-2799	699	51	dodd	dodd	NOUN
taxlaw-2799	699	52	-	-	PUNCT
taxlaw-2799	699	53	frank.61	frank.61	NOUN
taxlaw-2799	699	54	given	give	VERB
taxlaw-2799	699	55	the	the	DET
taxlaw-2799	699	56	breadth	breadth	NOUN
taxlaw-2799	699	57	of	of	ADP
taxlaw-2799	699	58	these	these	DET
taxlaw-2799	699	59	definitions	definition	NOUN
taxlaw-2799	699	60	,	,	PUNCT
taxlaw-2799	699	61	it	it	PRON
taxlaw-2799	699	62	is	be	AUX
taxlaw-2799	699	63	clear	clear	ADJ
taxlaw-2799	699	64	that	that	SCONJ
taxlaw-2799	699	65	at	at	ADV
taxlaw-2799	699	66	least	least	ADJ
taxlaw-2799	699	67	some	some	PRON
taxlaw-2799	699	68	“	"	PUNCT
taxlaw-2799	699	69	swaps	swap	NOUN
taxlaw-2799	699	70	”	"	PUNCT
taxlaw-2799	699	71	subject	subject	NOUN
taxlaw-2799	699	72	60	60	NUM
taxlaw-2799	699	73	dodd	dodd	PROPN
taxlaw-2799	699	74	-	-	PUNCT
taxlaw-2799	699	75	frank	frank	PROPN
taxlaw-2799	699	76	wall	wall	PROPN
taxlaw-2799	699	77	street	street	PROPN
taxlaw-2799	699	78	reform	reform	PROPN
taxlaw-2799	699	79	and	and	CCONJ
taxlaw-2799	699	80	consumer	consumer	NOUN
taxlaw-2799	699	81	protection	protection	PROPN
taxlaw-2799	699	82	act	act	PROPN
taxlaw-2799	699	83	,	,	PUNCT
taxlaw-2799	699	84	pub	pub	NOUN
taxlaw-2799	699	85	.	.	PUNCT
taxlaw-2799	700	1	l.	l.	PROPN
taxlaw-2799	700	2	no	no	INTJ
taxlaw-2799	700	3	.	.	PROPN
taxlaw-2799	701	1	111203	111203	NUM
taxlaw-2799	701	2	,	,	PUNCT
taxlaw-2799	701	3	§	§	PROPN
taxlaw-2799	701	4	721(a)(16	721(a)(16	NOUN
taxlaw-2799	701	5	)	)	PUNCT
taxlaw-2799	701	6	,	,	PUNCT
taxlaw-2799	701	7	124	124	NUM
taxlaw-2799	701	8	stat	stat	NOUN
taxlaw-2799	701	9	.	.	PUNCT
taxlaw-2799	702	1	1376	1376	NUM
taxlaw-2799	702	2	,	,	PUNCT
taxlaw-2799	702	3	1663	1663	NUM
taxlaw-2799	702	4	(	(	PUNCT
taxlaw-2799	702	5	2010	2010	NUM
taxlaw-2799	702	6	)	)	PUNCT
taxlaw-2799	702	7	(	(	PUNCT
taxlaw-2799	702	8	adding	add	VERB
taxlaw-2799	702	9	new	new	ADJ
taxlaw-2799	702	10	paragraph	paragraph	NOUN
taxlaw-2799	702	11	47	47	NUM
taxlaw-2799	702	12	to	to	ADP
taxlaw-2799	702	13	§	§	PROPN
taxlaw-2799	702	14	1a	1a	NOUN
taxlaw-2799	702	15	of	of	ADP
taxlaw-2799	702	16	the	the	DET
taxlaw-2799	702	17	commodity	commodity	NOUN
taxlaw-2799	702	18	exchange	exchange	PROPN
taxlaw-2799	702	19	act	act	PROPN
taxlaw-2799	702	20	,	,	PUNCT
taxlaw-2799	702	21	7	7	NUM
taxlaw-2799	702	22	u.s.c	u.s.c	ADJ
taxlaw-2799	702	23	.	.	PUNCT
taxlaw-2799	703	1	1a	1a	NUM
taxlaw-2799	703	2	)	)	PUNCT
taxlaw-2799	703	3	.	.	PUNCT
taxlaw-2799	704	1	61	61	NUM
taxlaw-2799	705	1	i	i	PRON
taxlaw-2799	705	2	d.	d.	PROPN
taxlaw-2799	705	3	the	the	DET
taxlaw-2799	705	4	treasury	treasury	PROPN
taxlaw-2799	705	5	department	department	PROPN
taxlaw-2799	705	6	has	have	AUX
taxlaw-2799	705	7	requested	request	VERB
taxlaw-2799	705	8	public	public	ADJ
taxlaw-2799	705	9	comment	comment	NOUN
taxlaw-2799	705	10	on	on	ADP
taxlaw-2799	705	11	whether	whether	SCONJ
taxlaw-2799	705	12	to	to	PART
taxlaw-2799	705	13	exercise	exercise	VERB
taxlaw-2799	705	14	this	this	DET
taxlaw-2799	705	15	authority	authority	NOUN
taxlaw-2799	705	16	.	.	PUNCT
taxlaw-2799	706	1	determination	determination	NOUN
taxlaw-2799	706	2	of	of	ADP
taxlaw-2799	706	3	foreign	foreign	ADJ
taxlaw-2799	706	4	exchange	exchange	NOUN
taxlaw-2799	706	5	swaps	swap	NOUN
taxlaw-2799	706	6	and	and	CCONJ
taxlaw-2799	706	7	forwards	forward	NOUN
taxlaw-2799	706	8	,	,	PUNCT
taxlaw-2799	706	9	75	75	NUM
taxlaw-2799	706	10	fed	feed	VERB
taxlaw-2799	706	11	.	.	PUNCT
taxlaw-2799	707	1	reg	reg	PROPN
taxlaw-2799	707	2	.	.	PUNCT
taxlaw-2799	708	1	66426	66426	NUM
taxlaw-2799	708	2	(	(	PUNCT
taxlaw-2799	708	3	oct	oct	PROPN
taxlaw-2799	708	4	.	.	PROPN
taxlaw-2799	708	5	28	28	NUM
taxlaw-2799	708	6	,	,	PUNCT
taxlaw-2799	708	7	2010	2010	NUM
taxlaw-2799	708	8	)	)	PUNCT
taxlaw-2799	708	9	.	.	PUNCT
taxlaw-2799	709	1	a	a	DET
taxlaw-2799	709	2	number	number	NOUN
taxlaw-2799	709	3	of	of	ADP
taxlaw-2799	709	4	financial	financial	ADJ
taxlaw-2799	709	5	industry	industry	NOUN
taxlaw-2799	709	6	associations	association	NOUN
taxlaw-2799	709	7	and	and	CCONJ
taxlaw-2799	709	8	market	market	NOUN
taxlaw-2799	709	9	participants	participant	NOUN
taxlaw-2799	709	10	have	have	AUX
taxlaw-2799	709	11	submitted	submit	VERB
taxlaw-2799	709	12	letters	letter	NOUN
taxlaw-2799	709	13	recommending	recommend	VERB
taxlaw-2799	709	14	that	that	SCONJ
taxlaw-2799	709	15	such	such	ADJ
taxlaw-2799	709	16	contracts	contract	NOUN
taxlaw-2799	709	17	be	be	AUX
taxlaw-2799	709	18	excluded	exclude	VERB
taxlaw-2799	709	19	from	from	ADP
taxlaw-2799	709	20	“	"	PUNCT
taxlaw-2799	709	21	swap	swap	ADJ
taxlaw-2799	709	22	”	"	PUNCT
taxlaw-2799	709	23	treatment	treatment	NOUN
taxlaw-2799	709	24	to	to	ADP
taxlaw-2799	709	25	the	the	DET
taxlaw-2799	709	26	extent	extent	NOUN
taxlaw-2799	709	27	permitted	permit	VERB
taxlaw-2799	709	28	by	by	ADP
taxlaw-2799	709	29	dodd	dodd	PROPN
taxlaw-2799	709	30	-	-	PUNCT
taxlaw-2799	709	31	frank	frank	PROPN
taxlaw-2799	709	32	.	.	PUNCT
taxlaw-2799	710	1	2011	2011	NUM
taxlaw-2799	710	2	]	]	PUNCT
taxlaw-2799	711	1	ew	ew	AUX
taxlaw-2799	711	2	tax	tax	NOUN
taxlaw-2799	711	3	issues	issue	NOUN
taxlaw-2799	711	4	arisi	arisi	VERB
taxlaw-2799	711	5	g	g	PROPN
taxlaw-2799	711	6	from	from	ADP
taxlaw-2799	711	7	the	the	DET
taxlaw-2799	711	8	dodd	dodd	NOUN
taxlaw-2799	711	9	-	-	PUNCT
taxlaw-2799	711	10	fra	fra	PROPN
taxlaw-2799	711	11	k	k	PROPN
taxlaw-2799	711	12	act	act	PROPN
taxlaw-2799	711	13	35	35	NUM
taxlaw-2799	711	14	to	to	ADP
taxlaw-2799	711	15	the	the	DET
taxlaw-2799	711	16	new	new	ADJ
taxlaw-2799	711	17	rules	rule	NOUN
taxlaw-2799	711	18	will	will	AUX
taxlaw-2799	711	19	be	be	AUX
taxlaw-2799	711	20	treated	treat	VERB
taxlaw-2799	711	21	as	as	ADP
taxlaw-2799	711	22	something	something	PRON
taxlaw-2799	711	23	other	other	ADJ
taxlaw-2799	711	24	than	than	ADP
taxlaw-2799	711	25	npcs	npc	NOUN
taxlaw-2799	711	26	for	for	ADP
taxlaw-2799	711	27	tax	tax	NOUN
taxlaw-2799	711	28	purposes	purpose	NOUN
taxlaw-2799	711	29	.	.	PUNCT
taxlaw-2799	712	1	dodd	dodd	PROPN
taxlaw-2799	712	2	-	-	PUNCT
taxlaw-2799	712	3	frank	frank	PROPN
taxlaw-2799	712	4	expressly	expressly	ADV
taxlaw-2799	712	5	pre	pre	ADJ
taxlaw-2799	712	6	-	-	ADJ
taxlaw-2799	712	7	empts	empt	NOUN
taxlaw-2799	712	8	regulation	regulation	NOUN
taxlaw-2799	712	9	of	of	ADP
taxlaw-2799	712	10	swaps	swap	NOUN
taxlaw-2799	712	11	as	as	ADP
taxlaw-2799	712	12	insurance	insurance	NOUN
taxlaw-2799	712	13	under	under	ADP
taxlaw-2799	712	14	state	state	NOUN
taxlaw-2799	712	15	insurance	insurance	NOUN
taxlaw-2799	712	16	law	law	NOUN
taxlaw-2799	712	17	,	,	PUNCT
taxlaw-2799	713	1	but	but	CCONJ
taxlaw-2799	713	2	does	do	AUX
taxlaw-2799	713	3	not	not	PART
taxlaw-2799	713	4	draw	draw	VERB
taxlaw-2799	713	5	a	a	DET
taxlaw-2799	713	6	clear	clear	ADJ
taxlaw-2799	713	7	distinction	distinction	NOUN
taxlaw-2799	713	8	between	between	ADP
taxlaw-2799	713	9	swaps	swap	NOUN
taxlaw-2799	713	10	,	,	PUNCT
taxlaw-2799	713	11	on	on	ADP
taxlaw-2799	713	12	the	the	DET
taxlaw-2799	713	13	one	one	NUM
taxlaw-2799	713	14	hand	hand	NOUN
taxlaw-2799	713	15	,	,	PUNCT
taxlaw-2799	713	16	and	and	CCONJ
taxlaw-2799	713	17	insurance	insurance	NOUN
taxlaw-2799	713	18	products	product	NOUN
taxlaw-2799	713	19	,	,	PUNCT
taxlaw-2799	713	20	on	on	ADP
taxlaw-2799	713	21	the	the	DET
taxlaw-2799	713	22	other.62	other.62	NOUN
taxlaw-2799	713	23	this	this	DET
taxlaw-2799	713	24	prohibition	prohibition	NOUN
taxlaw-2799	713	25	is	be	AUX
taxlaw-2799	713	26	of	of	ADP
taxlaw-2799	713	27	particular	particular	ADJ
taxlaw-2799	713	28	relevance	relevance	NOUN
taxlaw-2799	713	29	for	for	ADP
taxlaw-2799	713	30	cds	cd	NOUN
taxlaw-2799	713	31	,	,	PUNCT
taxlaw-2799	713	32	as	as	SCONJ
taxlaw-2799	713	33	there	there	PRON
taxlaw-2799	713	34	were	be	VERB
taxlaw-2799	713	35	a	a	DET
taxlaw-2799	713	36	number	number	NOUN
taxlaw-2799	713	37	of	of	ADP
taxlaw-2799	713	38	efforts	effort	NOUN
taxlaw-2799	713	39	by	by	ADP
taxlaw-2799	713	40	state	state	NOUN
taxlaw-2799	713	41	insurance	insurance	NOUN
taxlaw-2799	713	42	regulators	regulator	NOUN
taxlaw-2799	713	43	and	and	CCONJ
taxlaw-2799	713	44	legislators	legislator	NOUN
taxlaw-2799	713	45	after	after	ADP
taxlaw-2799	713	46	aig	aig	PROPN
taxlaw-2799	713	47	fp	fp	PROPN
taxlaw-2799	713	48	’s	’s	PART
taxlaw-2799	713	49	bailout	bailout	NOUN
taxlaw-2799	713	50	to	to	PART
taxlaw-2799	713	51	define	define	VERB
taxlaw-2799	713	52	cds	cd	NOUN
taxlaw-2799	713	53	that	that	PRON
taxlaw-2799	713	54	are	be	AUX
taxlaw-2799	713	55	used	use	VERB
taxlaw-2799	713	56	to	to	PART
taxlaw-2799	713	57	hedge	hedge	VERB
taxlaw-2799	713	58	risks	risk	NOUN
taxlaw-2799	713	59	as	as	ADP
taxlaw-2799	713	60	insurance	insurance	NOUN
taxlaw-2799	713	61	,	,	PUNCT
taxlaw-2799	713	62	to	to	PART
taxlaw-2799	713	63	prohibit	prohibit	VERB
taxlaw-2799	713	64	any	any	DET
taxlaw-2799	713	65	other	other	ADJ
taxlaw-2799	713	66	cds	cd	NOUN
taxlaw-2799	713	67	,	,	PUNCT
taxlaw-2799	713	68	i.e.	i.e.	X
taxlaw-2799	713	69	,	,	PUNCT
taxlaw-2799	713	70	to	to	PART
taxlaw-2799	713	71	ban	ban	VERB
taxlaw-2799	713	72	“	"	PUNCT
taxlaw-2799	713	73	naked	naked	ADJ
taxlaw-2799	713	74	”	"	PUNCT
taxlaw-2799	713	75	or	or	CCONJ
taxlaw-2799	713	76	speculative	speculative	ADJ
taxlaw-2799	713	77	cds	cd	NOUN
taxlaw-2799	713	78	,	,	PUNCT
taxlaw-2799	713	79	and	and	CCONJ
taxlaw-2799	713	80	to	to	PART
taxlaw-2799	713	81	require	require	VERB
taxlaw-2799	713	82	that	that	SCONJ
taxlaw-2799	713	83	a	a	DET
taxlaw-2799	713	84	permitted	permit	VERB
taxlaw-2799	713	85	cds	cd	NOUN
taxlaw-2799	713	86	be	be	AUX
taxlaw-2799	713	87	written	write	VERB
taxlaw-2799	713	88	by	by	ADP
taxlaw-2799	713	89	an	an	DET
taxlaw-2799	713	90	insurance	insurance	NOUN
taxlaw-2799	713	91	company.63	company.63	ADP
taxlaw-2799	713	92	2	2	NUM
taxlaw-2799	713	93	.	.	PUNCT
taxlaw-2799	713	94	clearing	clearing	NOUN
taxlaw-2799	713	95	and	and	CCONJ
taxlaw-2799	713	96	exchange	exchange	NOUN
taxlaw-2799	713	97	-	-	PUNCT
taxlaw-2799	713	98	trading	trading	NOUN
taxlaw-2799	713	99	requirements	requirement	NOUN
taxlaw-2799	713	100	.	.	PUNCT
taxlaw-2799	714	1	swaps	swap	NOUN
taxlaw-2799	714	2	subject	subject	ADJ
taxlaw-2799	714	3	to	to	ADP
taxlaw-2799	714	4	mandatory	mandatory	ADJ
taxlaw-2799	714	5	clearing	clearing	NOUN
taxlaw-2799	714	6	through	through	ADP
taxlaw-2799	714	7	a	a	DET
taxlaw-2799	714	8	central	central	ADJ
taxlaw-2799	714	9	counterparty	counterparty	NOUN
taxlaw-2799	714	10	will	will	AUX
taxlaw-2799	714	11	be	be	AUX
taxlaw-2799	714	12	designated	designate	VERB
taxlaw-2799	714	13	by	by	ADP
taxlaw-2799	714	14	the	the	DET
taxlaw-2799	714	15	cftc	cftc	PROPN
taxlaw-2799	714	16	or	or	CCONJ
taxlaw-2799	714	17	sec	sec	PROPN
taxlaw-2799	714	18	,	,	PUNCT
taxlaw-2799	714	19	as	as	SCONJ
taxlaw-2799	714	20	applicable.64	applicable.64	NOUN
taxlaw-2799	714	21	ordinarily	ordinarily	ADV
taxlaw-2799	714	22	it	it	PRON
taxlaw-2799	714	23	is	be	AUX
taxlaw-2799	714	24	likely	likely	ADJ
taxlaw-2799	714	25	that	that	SCONJ
taxlaw-2799	714	26	a	a	DET
taxlaw-2799	714	27	clearinghouse	clearinghouse	NOUN
taxlaw-2799	714	28	will	will	AUX
taxlaw-2799	714	29	propose	propose	VERB
taxlaw-2799	714	30	that	that	SCONJ
taxlaw-2799	714	31	a	a	DET
taxlaw-2799	714	32	category	category	NOUN
taxlaw-2799	714	33	of	of	ADP
taxlaw-2799	714	34	swap	swap	NOUN
taxlaw-2799	714	35	be	be	AUX
taxlaw-2799	714	36	so	so	ADV
taxlaw-2799	714	37	designated	designate	VERB
taxlaw-2799	714	38	.	.	PUNCT
taxlaw-2799	715	1	the	the	DET
taxlaw-2799	715	2	agencies	agency	NOUN
taxlaw-2799	715	3	may	may	AUX
taxlaw-2799	715	4	also	also	ADV
taxlaw-2799	715	5	act	act	VERB
taxlaw-2799	715	6	on	on	ADP
taxlaw-2799	715	7	their	their	PRON
taxlaw-2799	715	8	own	own	ADJ
taxlaw-2799	715	9	initiative	initiative	NOUN
taxlaw-2799	715	10	,	,	PUNCT
taxlaw-2799	715	11	in	in	ADP
taxlaw-2799	715	12	which	which	DET
taxlaw-2799	715	13	case	case	NOUN
taxlaw-2799	715	14	if	if	SCONJ
taxlaw-2799	715	15	a	a	DET
taxlaw-2799	715	16	clearinghouse	clearinghouse	NOUN
taxlaw-2799	715	17	does	do	AUX
taxlaw-2799	715	18	not	not	PART
taxlaw-2799	715	19	then	then	ADV
taxlaw-2799	715	20	decide	decide	VERB
taxlaw-2799	715	21	to	to	PART
taxlaw-2799	715	22	clear	clear	VERB
taxlaw-2799	715	23	the	the	DET
taxlaw-2799	715	24	swap	swap	NOUN
taxlaw-2799	715	25	,	,	PUNCT
taxlaw-2799	715	26	transactions	transaction	NOUN
taxlaw-2799	715	27	in	in	ADP
taxlaw-2799	715	28	that	that	DET
taxlaw-2799	715	29	product	product	NOUN
taxlaw-2799	715	30	would	would	AUX
taxlaw-2799	715	31	effectively	effectively	ADV
taxlaw-2799	715	32	be	be	AUX
taxlaw-2799	715	33	prohibited	prohibit	VERB
taxlaw-2799	715	34	.	.	PUNCT
taxlaw-2799	716	1	in	in	ADP
taxlaw-2799	716	2	determining	determine	VERB
taxlaw-2799	716	3	whether	whether	SCONJ
taxlaw-2799	716	4	a	a	DET
taxlaw-2799	716	5	swap	swap	NOUN
taxlaw-2799	716	6	should	should	AUX
taxlaw-2799	716	7	be	be	AUX
taxlaw-2799	716	8	required	require	VERB
taxlaw-2799	716	9	to	to	PART
taxlaw-2799	716	10	be	be	AUX
taxlaw-2799	716	11	cleared	clear	VERB
taxlaw-2799	716	12	,	,	PUNCT
taxlaw-2799	716	13	the	the	DET
taxlaw-2799	716	14	relevant	relevant	ADJ
taxlaw-2799	716	15	agency	agency	NOUN
taxlaw-2799	716	16	must	must	AUX
taxlaw-2799	716	17	consider	consider	VERB
taxlaw-2799	716	18	various	various	ADJ
taxlaw-2799	716	19	factors	factor	NOUN
taxlaw-2799	716	20	,	,	PUNCT
taxlaw-2799	716	21	including	include	VERB
taxlaw-2799	716	22	liquidity	liquidity	NOUN
taxlaw-2799	716	23	,	,	PUNCT
taxlaw-2799	716	24	adequate	adequate	ADJ
taxlaw-2799	716	25	pricing	pricing	NOUN
taxlaw-2799	716	26	data	datum	NOUN
taxlaw-2799	716	27	,	,	PUNCT
taxlaw-2799	716	28	effect	effect	NOUN
taxlaw-2799	716	29	on	on	ADP
taxlaw-2799	716	30	mitigation	mitigation	NOUN
taxlaw-2799	716	31	of	of	ADP
taxlaw-2799	716	32	systemic	systemic	ADJ
taxlaw-2799	716	33	risk	risk	NOUN
taxlaw-2799	716	34	and	and	CCONJ
taxlaw-2799	716	35	legal	legal	ADJ
taxlaw-2799	716	36	certainty	certainty	NOUN
taxlaw-2799	716	37	in	in	ADP
taxlaw-2799	716	38	the	the	DET
taxlaw-2799	716	39	event	event	NOUN
taxlaw-2799	716	40	of	of	ADP
taxlaw-2799	716	41	the	the	DET
taxlaw-2799	716	42	insolvency	insolvency	NOUN
taxlaw-2799	716	43	of	of	ADP
taxlaw-2799	716	44	the	the	DET
taxlaw-2799	716	45	clearinghouse	clearinghouse	NOUN
taxlaw-2799	716	46	.	.	PUNCT
taxlaw-2799	717	1	swaps	swap	NOUN
taxlaw-2799	717	2	in	in	ADP
taxlaw-2799	717	3	existence	existence	NOUN
taxlaw-2799	717	4	at	at	ADP
taxlaw-2799	717	5	the	the	DET
taxlaw-2799	717	6	time	time	NOUN
taxlaw-2799	717	7	of	of	ADP
taxlaw-2799	717	8	dodd	dodd	PROPN
taxlaw-2799	717	9	-	-	PUNCT
taxlaw-2799	717	10	frank	frank	PROPN
taxlaw-2799	717	11	’s	’s	PART
taxlaw-2799	717	12	enactment	enactment	NOUN
taxlaw-2799	717	13	62	62	NUM
taxlaw-2799	717	14	i	i	PRON
taxlaw-2799	717	15	d.	d.	PROPN
taxlaw-2799	717	16	§	§	PROPN
taxlaw-2799	717	17	722(b	722(b	PROPN
taxlaw-2799	717	18	)	)	PUNCT
taxlaw-2799	717	19	,	,	PUNCT
taxlaw-2799	717	20	124	124	NUM
taxlaw-2799	717	21	stat	stat	NOUN
taxlaw-2799	717	22	.	.	PUNCT
taxlaw-2799	718	1	1376	1376	NUM
taxlaw-2799	718	2	,	,	PUNCT
taxlaw-2799	718	3	1673	1673	NUM
taxlaw-2799	718	4	(	(	PUNCT
taxlaw-2799	718	5	2010	2010	NUM
taxlaw-2799	718	6	)	)	PUNCT
taxlaw-2799	718	7	(	(	PUNCT
taxlaw-2799	718	8	a	a	DET
taxlaw-2799	718	9	“	"	PUNCT
taxlaw-2799	718	10	swap	swap	NOUN
taxlaw-2799	718	11	”	"	PUNCT
taxlaw-2799	718	12	shall	shall	AUX
taxlaw-2799	718	13	not	not	PART
taxlaw-2799	718	14	be	be	AUX
taxlaw-2799	718	15	considered	consider	VERB
taxlaw-2799	718	16	to	to	PART
taxlaw-2799	718	17	be	be	AUX
taxlaw-2799	718	18	insurance	insurance	NOUN
taxlaw-2799	718	19	and	and	CCONJ
taxlaw-2799	718	20	shall	shall	AUX
taxlaw-2799	718	21	not	not	PART
taxlaw-2799	718	22	be	be	AUX
taxlaw-2799	718	23	regulated	regulate	VERB
taxlaw-2799	718	24	as	as	ADP
taxlaw-2799	718	25	an	an	DET
taxlaw-2799	718	26	insurance	insurance	NOUN
taxlaw-2799	718	27	contract	contract	NOUN
taxlaw-2799	718	28	under	under	ADP
taxlaw-2799	718	29	any	any	DET
taxlaw-2799	718	30	state	state	NOUN
taxlaw-2799	718	31	law	law	NOUN
taxlaw-2799	718	32	)	)	PUNCT
taxlaw-2799	718	33	,	,	PUNCT
taxlaw-2799	718	34	§	§	PROPN
taxlaw-2799	718	35	767	767	NUM
taxlaw-2799	718	36	,	,	PUNCT
taxlaw-2799	718	37	124	124	NUM
taxlaw-2799	718	38	stat	stat	NOUN
taxlaw-2799	718	39	.	.	PUNCT
taxlaw-2799	719	1	1376	1376	NUM
taxlaw-2799	719	2	,	,	PUNCT
taxlaw-2799	719	3	1799	1799	NUM
taxlaw-2799	719	4	-	-	SYM
taxlaw-2799	719	5	800	800	NUM
taxlaw-2799	719	6	(	(	PUNCT
taxlaw-2799	719	7	2010	2010	NUM
taxlaw-2799	719	8	)	)	PUNCT
taxlaw-2799	719	9	(	(	PUNCT
taxlaw-2799	719	10	“	"	PUNCT
taxlaw-2799	719	11	security	security	NOUN
taxlaw-2799	719	12	-	-	PUNCT
taxlaw-2799	719	13	based	base	VERB
taxlaw-2799	719	14	swaps	swap	NOUN
taxlaw-2799	719	15	”	"	PUNCT
taxlaw-2799	719	16	may	may	AUX
taxlaw-2799	719	17	not	not	PART
taxlaw-2799	719	18	be	be	AUX
taxlaw-2799	719	19	regulated	regulate	VERB
taxlaw-2799	719	20	as	as	ADP
taxlaw-2799	719	21	insurance	insurance	NOUN
taxlaw-2799	719	22	under	under	ADP
taxlaw-2799	719	23	state	state	NOUN
taxlaw-2799	719	24	law	law	NOUN
taxlaw-2799	719	25	)	)	PUNCT
taxlaw-2799	719	26	.	.	PUNCT
taxlaw-2799	720	1	63	63	NUM
taxlaw-2799	720	2	historically	historically	ADV
taxlaw-2799	720	3	,	,	PUNCT
taxlaw-2799	720	4	cds	cd	NOUN
taxlaw-2799	720	5	were	be	AUX
taxlaw-2799	720	6	not	not	PART
taxlaw-2799	720	7	treated	treat	VERB
taxlaw-2799	720	8	as	as	ADP
taxlaw-2799	720	9	insurance	insurance	NOUN
taxlaw-2799	720	10	,	,	PUNCT
taxlaw-2799	720	11	based	base	VERB
taxlaw-2799	720	12	largely	largely	ADV
taxlaw-2799	720	13	on	on	ADP
taxlaw-2799	720	14	a	a	DET
taxlaw-2799	720	15	june	june	PROPN
taxlaw-2799	720	16	2000	2000	NUM
taxlaw-2799	720	17	opinion	opinion	NOUN
taxlaw-2799	720	18	from	from	ADP
taxlaw-2799	720	19	the	the	DET
taxlaw-2799	720	20	state	state	NOUN
taxlaw-2799	720	21	of	of	ADP
taxlaw-2799	720	22	new	new	PROPN
taxlaw-2799	720	23	york	york	PROPN
taxlaw-2799	720	24	office	office	PROPN
taxlaw-2799	720	25	of	of	ADP
taxlaw-2799	720	26	the	the	DET
taxlaw-2799	720	27	general	general	ADJ
taxlaw-2799	720	28	counsel	counsel	NOUN
taxlaw-2799	720	29	(	(	PUNCT
taxlaw-2799	720	30	“	"	PUNCT
taxlaw-2799	720	31	nyogc	nyogc	NOUN
taxlaw-2799	720	32	”	"	PUNCT
taxlaw-2799	720	33	)	)	PUNCT
taxlaw-2799	720	34	that	that	PRON
taxlaw-2799	720	35	examined	examine	VERB
taxlaw-2799	720	36	a	a	DET
taxlaw-2799	720	37	particular	particular	ADJ
taxlaw-2799	720	38	type	type	NOUN
taxlaw-2799	720	39	of	of	ADP
taxlaw-2799	720	40	cds	cd	NOUN
taxlaw-2799	720	41	and	and	CCONJ
taxlaw-2799	720	42	determined	determine	VERB
taxlaw-2799	720	43	that	that	SCONJ
taxlaw-2799	720	44	the	the	DET
taxlaw-2799	720	45	absence	absence	NOUN
taxlaw-2799	720	46	of	of	ADP
taxlaw-2799	720	47	an	an	DET
taxlaw-2799	720	48	insurable	insurable	ADJ
taxlaw-2799	720	49	risk	risk	NOUN
taxlaw-2799	720	50	rendered	render	VERB
taxlaw-2799	720	51	cds	cd	NOUN
taxlaw-2799	720	52	not	not	PART
taxlaw-2799	720	53	insurance	insurance	VERB
taxlaw-2799	720	54	.	.	PUNCT
taxlaw-2799	721	1	funding	funding	NOUN
taxlaw-2799	721	2	agreement	agreement	NOUN
taxlaw-2799	721	3	securitizations	securitization	NOUN
taxlaw-2799	721	4	,	,	PUNCT
taxlaw-2799	721	5	state	state	NOUN
taxlaw-2799	721	6	of	of	ADP
taxlaw-2799	721	7	new	new	PROPN
taxlaw-2799	721	8	york	york	PROPN
taxlaw-2799	721	9	office	office	PROPN
taxlaw-2799	721	10	of	of	ADP
taxlaw-2799	721	11	general	general	ADJ
taxlaw-2799	721	12	counsel	counsel	NOUN
taxlaw-2799	721	13	(	(	PUNCT
taxlaw-2799	721	14	apr	apr	PROPN
taxlaw-2799	721	15	.	.	PROPN
taxlaw-2799	721	16	18	18	NUM
taxlaw-2799	721	17	,	,	PUNCT
taxlaw-2799	721	18	2000	2000	NUM
taxlaw-2799	721	19	)	)	PUNCT
taxlaw-2799	721	20	,	,	PUNCT
taxlaw-2799	721	21	available	available	ADJ
taxlaw-2799	721	22	at	at	ADP
taxlaw-2799	721	23	http://www.ins.state.ny.us/ogco2000/rg004181.htm	http://www.ins.state.ny.us/ogco2000/rg004181.htm	X
taxlaw-2799	721	24	.	.	PUNCT
taxlaw-2799	722	1	in	in	ADP
taxlaw-2799	722	2	late	late	ADJ
taxlaw-2799	722	3	2008	2008	NUM
taxlaw-2799	722	4	,	,	PUNCT
taxlaw-2799	722	5	however	however	ADV
taxlaw-2799	722	6	,	,	PUNCT
taxlaw-2799	722	7	the	the	DET
taxlaw-2799	722	8	nyogc	nyogc	NOUN
taxlaw-2799	722	9	announced	announce	VERB
taxlaw-2799	722	10	that	that	SCONJ
taxlaw-2799	722	11	it	it	PRON
taxlaw-2799	722	12	was	be	AUX
taxlaw-2799	722	13	reconsidering	reconsider	VERB
taxlaw-2799	722	14	the	the	DET
taxlaw-2799	722	15	issue	issue	NOUN
taxlaw-2799	722	16	,	,	PUNCT
taxlaw-2799	722	17	and	and	CCONJ
taxlaw-2799	722	18	testimony	testimony	NOUN
taxlaw-2799	722	19	from	from	ADP
taxlaw-2799	722	20	eric	eric	PROPN
taxlaw-2799	722	21	dinallo	dinallo	PROPN
taxlaw-2799	722	22	,	,	PUNCT
taxlaw-2799	722	23	new	new	PROPN
taxlaw-2799	722	24	york	york	PROPN
taxlaw-2799	722	25	’s	’s	PART
taxlaw-2799	722	26	superintendent	superintendent	NOUN
taxlaw-2799	722	27	of	of	ADP
taxlaw-2799	722	28	insurance	insurance	NOUN
taxlaw-2799	722	29	,	,	PUNCT
taxlaw-2799	722	30	before	before	SCONJ
taxlaw-2799	722	31	the	the	DET
taxlaw-2799	722	32	house	house	PROPN
taxlaw-2799	722	33	committee	committee	PROPN
taxlaw-2799	722	34	on	on	ADP
taxlaw-2799	722	35	agriculture	agriculture	NOUN
taxlaw-2799	722	36	(	(	PUNCT
taxlaw-2799	722	37	which	which	PRON
taxlaw-2799	722	38	oversees	oversee	VERB
taxlaw-2799	722	39	the	the	DET
taxlaw-2799	722	40	cftc	cftc	PROPN
taxlaw-2799	722	41	)	)	PUNCT
taxlaw-2799	722	42	suggested	suggest	VERB
taxlaw-2799	722	43	that	that	SCONJ
taxlaw-2799	722	44	cds	cd	NOUN
taxlaw-2799	722	45	used	use	VERB
taxlaw-2799	722	46	for	for	ADP
taxlaw-2799	722	47	hedging	hedging	NOUN
taxlaw-2799	722	48	purposes	purpose	NOUN
taxlaw-2799	722	49	might	might	AUX
taxlaw-2799	722	50	be	be	AUX
taxlaw-2799	722	51	regulated	regulate	VERB
taxlaw-2799	722	52	as	as	ADP
taxlaw-2799	722	53	insurance	insurance	NOUN
taxlaw-2799	722	54	.	.	PUNCT
taxlaw-2799	723	1	state	state	NOUN
taxlaw-2799	723	2	of	of	ADP
taxlaw-2799	723	3	new	new	PROPN
taxlaw-2799	723	4	york	york	PROPN
taxlaw-2799	723	5	,	,	PUNCT
taxlaw-2799	723	6	insurance	insurance	NOUN
taxlaw-2799	723	7	dep’t	dep’t	NOUN
taxlaw-2799	723	8	,	,	PUNCT
taxlaw-2799	723	9	office	office	NOUN
taxlaw-2799	723	10	of	of	ADP
taxlaw-2799	723	11	gen	gen	PROPN
taxlaw-2799	723	12	.	.	PROPN
taxlaw-2799	723	13	counsel	counsel	PROPN
taxlaw-2799	723	14	,	,	PUNCT
taxlaw-2799	723	15	“	"	PUNCT
taxlaw-2799	723	16	best	good	ADJ
taxlaw-2799	723	17	practices	practice	NOUN
taxlaw-2799	723	18	”	"	PUNCT
taxlaw-2799	723	19	for	for	ADP
taxlaw-2799	723	20	financial	financial	ADJ
taxlaw-2799	723	21	guaranty	guaranty	NOUN
taxlaw-2799	723	22	issuers	issuer	NOUN
taxlaw-2799	723	23	,	,	PUNCT
taxlaw-2799	723	24	circular	circular	ADJ
taxlaw-2799	723	25	letter	letter	NOUN
taxlaw-2799	723	26	no	no	INTJ
taxlaw-2799	723	27	.	.	PROPN
taxlaw-2799	723	28	19	19	NUM
taxlaw-2799	723	29	(	(	PUNCT
taxlaw-2799	723	30	sept	sept	PROPN
taxlaw-2799	723	31	.	.	PROPN
taxlaw-2799	723	32	22	22	NUM
taxlaw-2799	723	33	,	,	PUNCT
taxlaw-2799	723	34	2008	2008	NUM
taxlaw-2799	723	35	)	)	PUNCT
taxlaw-2799	723	36	,	,	PUNCT
taxlaw-2799	723	37	available	available	ADJ
taxlaw-2799	723	38	at	at	ADP
taxlaw-2799	723	39	http://www.ins.state.ny.us/circltr/2008/cl08_19.htm	http://www.ins.state.ny.us/circltr/2008/cl08_19.htm	PROPN
taxlaw-2799	723	40	;	;	PUNCT
taxlaw-2799	723	41	hearing	hear	VERB
taxlaw-2799	723	42	to	to	PART
taxlaw-2799	723	43	review	review	VERB
taxlaw-2799	723	44	the	the	DET
taxlaw-2799	723	45	role	role	NOUN
taxlaw-2799	723	46	of	of	ADP
taxlaw-2799	723	47	credit	credit	NOUN
taxlaw-2799	723	48	derivatives	derivative	NOUN
taxlaw-2799	723	49	in	in	ADP
taxlaw-2799	723	50	the	the	DET
taxlaw-2799	723	51	u.s	u.s	PROPN
taxlaw-2799	723	52	.	.	PROPN
taxlaw-2799	723	53	economy	economy	NOUN
taxlaw-2799	723	54	:	:	PUNCT
taxlaw-2799	723	55	hearing	hear	VERB
taxlaw-2799	723	56	before	before	ADP
taxlaw-2799	723	57	the	the	DET
taxlaw-2799	723	58	h.	h.	PROPN
taxlaw-2799	723	59	comm	comm	NOUN
taxlaw-2799	723	60	.	.	PUNCT
taxlaw-2799	724	1	on	on	ADP
taxlaw-2799	724	2	agriculture	agriculture	PROPN
taxlaw-2799	724	3	,	,	PUNCT
taxlaw-2799	724	4	110th	110th	ADJ
taxlaw-2799	724	5	cong	cong	NOUN
taxlaw-2799	724	6	.	.	PUNCT
taxlaw-2799	725	1	79	79	NUM
taxlaw-2799	725	2	-	-	SYM
taxlaw-2799	725	3	81	81	NUM
taxlaw-2799	725	4	(	(	PUNCT
taxlaw-2799	725	5	2008	2008	NUM
taxlaw-2799	725	6	)	)	PUNCT
taxlaw-2799	725	7	(	(	PUNCT
taxlaw-2799	725	8	statement	statement	NOUN
taxlaw-2799	725	9	of	of	ADP
taxlaw-2799	725	10	eric	eric	PROPN
taxlaw-2799	725	11	dinallo	dinallo	PROPN
taxlaw-2799	725	12	,	,	PUNCT
taxlaw-2799	725	13	superintendent	superintendent	NOUN
taxlaw-2799	725	14	,	,	PUNCT
taxlaw-2799	725	15	insurance	insurance	NOUN
taxlaw-2799	725	16	department	department	NOUN
taxlaw-2799	725	17	,	,	PUNCT
taxlaw-2799	725	18	state	state	NOUN
taxlaw-2799	725	19	of	of	ADP
taxlaw-2799	725	20	new	new	PROPN
taxlaw-2799	725	21	york	york	PROPN
taxlaw-2799	725	22	)	)	PUNCT
taxlaw-2799	725	23	,	,	PUNCT
taxlaw-2799	725	24	available	available	ADJ
taxlaw-2799	725	25	at	at	ADP
taxlaw-2799	725	26	http://agriculture.house.gov/testimony/110/h91120/dinallo.pdf	http://agriculture.house.gov/testimony/110/h91120/dinallo.pdf	NOUN
taxlaw-2799	725	27	.	.	PUNCT
taxlaw-2799	726	1	for	for	ADP
taxlaw-2799	726	2	a	a	DET
taxlaw-2799	726	3	discussion	discussion	NOUN
taxlaw-2799	726	4	of	of	ADP
taxlaw-2799	726	5	the	the	DET
taxlaw-2799	726	6	actions	action	NOUN
taxlaw-2799	726	7	taken	take	VERB
taxlaw-2799	726	8	by	by	ADP
taxlaw-2799	726	9	the	the	DET
taxlaw-2799	726	10	new	new	PROPN
taxlaw-2799	726	11	york	york	PROPN
taxlaw-2799	726	12	state	state	PROPN
taxlaw-2799	726	13	insurance	insurance	PROPN
taxlaw-2799	726	14	department	department	NOUN
taxlaw-2799	726	15	,	,	PUNCT
taxlaw-2799	726	16	see	see	VERB
taxlaw-2799	726	17	a.	a.	PROPN
taxlaw-2799	726	18	kramer	kramer	PROPN
taxlaw-2799	726	19	,	,	PUNCT
taxlaw-2799	726	20	a.	a.	PROPN
taxlaw-2799	726	21	harris	harris	PROPN
taxlaw-2799	726	22	&	&	CCONJ
taxlaw-2799	726	23	r.	r.	PROPN
taxlaw-2799	726	24	ansehl	ansehl	PROPN
taxlaw-2799	726	25	,	,	PUNCT
taxlaw-2799	726	26	supra	supra	PROPN
taxlaw-2799	726	27	note	note	NOUN
taxlaw-2799	726	28	28	28	NUM
taxlaw-2799	726	29	.	.	PUNCT
taxlaw-2799	727	1	the	the	DET
taxlaw-2799	727	2	insurance	insurance	NOUN
taxlaw-2799	727	3	regulators	regulator	NOUN
taxlaw-2799	727	4	of	of	ADP
taxlaw-2799	727	5	some	some	DET
taxlaw-2799	727	6	other	other	ADJ
taxlaw-2799	727	7	states	state	NOUN
taxlaw-2799	727	8	also	also	ADV
taxlaw-2799	727	9	asserted	assert	VERB
taxlaw-2799	727	10	jurisdiction	jurisdiction	NOUN
taxlaw-2799	727	11	over	over	ADP
taxlaw-2799	727	12	cds	cds	PROPN
taxlaw-2799	727	13	.	.	PUNCT
taxlaw-2799	728	1	state	state	NOUN
taxlaw-2799	728	2	insurance	insurance	NOUN
taxlaw-2799	728	3	regulators	regulator	NOUN
taxlaw-2799	728	4	subsequently	subsequently	ADV
taxlaw-2799	728	5	drafted	draft	VERB
taxlaw-2799	728	6	a	a	DET
taxlaw-2799	728	7	model	model	NOUN
taxlaw-2799	728	8	law	law	NOUN
taxlaw-2799	728	9	that	that	PRON
taxlaw-2799	728	10	,	,	PUNCT
taxlaw-2799	728	11	if	if	SCONJ
taxlaw-2799	728	12	adopted	adopt	VERB
taxlaw-2799	728	13	and	and	CCONJ
taxlaw-2799	728	14	not	not	PART
taxlaw-2799	728	15	preempted	preempt	VERB
taxlaw-2799	728	16	by	by	ADP
taxlaw-2799	728	17	federal	federal	ADJ
taxlaw-2799	728	18	law	law	NOUN
taxlaw-2799	728	19	,	,	PUNCT
taxlaw-2799	728	20	would	would	AUX
taxlaw-2799	728	21	have	have	AUX
taxlaw-2799	728	22	banned	ban	VERB
taxlaw-2799	728	23	cds	cd	NOUN
taxlaw-2799	728	24	unless	unless	SCONJ
taxlaw-2799	728	25	used	use	VERB
taxlaw-2799	728	26	to	to	PART
taxlaw-2799	728	27	hedge	hedge	VERB
taxlaw-2799	728	28	another	another	DET
taxlaw-2799	728	29	position	position	NOUN
taxlaw-2799	728	30	and	and	CCONJ
taxlaw-2799	728	31	would	would	AUX
taxlaw-2799	728	32	have	have	AUX
taxlaw-2799	728	33	required	require	VERB
taxlaw-2799	728	34	all	all	DET
taxlaw-2799	728	35	permitted	permit	VERB
taxlaw-2799	728	36	cds	cd	NOUN
taxlaw-2799	728	37	to	to	PART
taxlaw-2799	728	38	be	be	AUX
taxlaw-2799	728	39	written	write	VERB
taxlaw-2799	728	40	by	by	ADP
taxlaw-2799	728	41	insurance	insurance	NOUN
taxlaw-2799	728	42	companies	company	NOUN
taxlaw-2799	728	43	.	.	PUNCT
taxlaw-2799	729	1	national	national	ADJ
taxlaw-2799	729	2	conference	conference	NOUN
taxlaw-2799	729	3	of	of	ADP
taxlaw-2799	729	4	insurance	insurance	NOUN
taxlaw-2799	729	5	legislators	legislator	NOUN
taxlaw-2799	729	6	,	,	PUNCT
taxlaw-2799	729	7	proposed	propose	VERB
taxlaw-2799	729	8	credit	credit	NOUN
taxlaw-2799	729	9	default	default	NOUN
taxlaw-2799	729	10	insurance	insurance	NOUN
taxlaw-2799	729	11	model	model	NOUN
taxlaw-2799	729	12	legislation	legislation	NOUN
taxlaw-2799	729	13	,	,	PUNCT
taxlaw-2799	729	14	available	available	ADJ
taxlaw-2799	729	15	at	at	ADP
taxlaw-2799	729	16	http://www.ncoil.org/schedule/200930day/annual30day/cdimodel.pdf	http://www.ncoil.org/schedule/200930day/annual30day/cdimodel.pdf	PROPN
taxlaw-2799	729	17	.	.	PROPN
taxlaw-2799	729	18	64	64	NUM
taxlaw-2799	729	19	the	the	DET
taxlaw-2799	729	20	clearing	clearing	NOUN
taxlaw-2799	729	21	requirements	requirement	NOUN
taxlaw-2799	729	22	for	for	ADP
taxlaw-2799	729	23	swaps	swap	NOUN
taxlaw-2799	729	24	are	be	AUX
taxlaw-2799	729	25	in	in	ADP
taxlaw-2799	729	26	section	section	NOUN
taxlaw-2799	729	27	723	723	NUM
taxlaw-2799	729	28	of	of	ADP
taxlaw-2799	729	29	dodd	dodd	PROPN
taxlaw-2799	729	30	-	-	PUNCT
taxlaw-2799	729	31	frank	frank	PROPN
taxlaw-2799	729	32	.	.	PUNCT
taxlaw-2799	730	1	there	there	PRON
taxlaw-2799	730	2	are	be	VERB
taxlaw-2799	730	3	parallel	parallel	ADJ
taxlaw-2799	730	4	rules	rule	NOUN
taxlaw-2799	730	5	for	for	ADP
taxlaw-2799	730	6	security	security	NOUN
taxlaw-2799	730	7	-	-	PUNCT
taxlaw-2799	730	8	based	base	VERB
taxlaw-2799	730	9	swaps	swap	NOUN
taxlaw-2799	730	10	in	in	ADP
taxlaw-2799	730	11	section	section	NOUN
taxlaw-2799	730	12	763	763	NUM
taxlaw-2799	730	13	of	of	ADP
taxlaw-2799	730	14	dodd	dodd	PROPN
taxlaw-2799	730	15	-	-	PUNCT
taxlaw-2799	730	16	frank	frank	PROPN
taxlaw-2799	730	17	.	.	PUNCT
taxlaw-2799	731	1	dodd	dodd	PROPN
taxlaw-2799	731	2	-	-	PUNCT
taxlaw-2799	731	3	frank	frank	PROPN
taxlaw-2799	731	4	wall	wall	PROPN
taxlaw-2799	731	5	street	street	PROPN
taxlaw-2799	731	6	reform	reform	PROPN
taxlaw-2799	731	7	and	and	CCONJ
taxlaw-2799	731	8	consumer	consumer	NOUN
taxlaw-2799	731	9	protection	protection	PROPN
taxlaw-2799	731	10	act	act	PROPN
taxlaw-2799	731	11	,	,	PUNCT
taxlaw-2799	731	12	pub	pub	NOUN
taxlaw-2799	731	13	.	.	PUNCT
taxlaw-2799	732	1	l.	l.	PROPN
taxlaw-2799	732	2	no	no	INTJ
taxlaw-2799	732	3	.	.	PROPN
taxlaw-2799	733	1	111	111	NUM
taxlaw-2799	733	2	-	-	SYM
taxlaw-2799	733	3	203	203	NUM
taxlaw-2799	733	4	,	,	PUNCT
taxlaw-2799	733	5	§	§	PROPN
taxlaw-2799	733	6	723	723	NUM
taxlaw-2799	733	7	,	,	PUNCT
taxlaw-2799	733	8	§	§	PROPN
taxlaw-2799	733	9	763	763	NUM
taxlaw-2799	733	10	,	,	PUNCT
taxlaw-2799	733	11	124	124	NUM
taxlaw-2799	733	12	stat	stat	NOUN
taxlaw-2799	733	13	.	.	PUNCT
taxlaw-2799	734	1	1376	1376	NUM
taxlaw-2799	734	2	,	,	PUNCT
taxlaw-2799	734	3	1675	1675	NUM
taxlaw-2799	734	4	-	-	SYM
taxlaw-2799	734	5	82	82	NUM
taxlaw-2799	734	6	(	(	PUNCT
taxlaw-2799	734	7	2010	2010	NUM
taxlaw-2799	734	8	)	)	PUNCT
taxlaw-2799	734	9	.	.	PUNCT
taxlaw-2799	735	1	36	36	NUM
taxlaw-2799	735	2	columbia	columbia	PROPN
taxlaw-2799	735	3	jour	jour	PROPN
taxlaw-2799	735	4	al	al	PROPN
taxlaw-2799	735	5	of	of	ADP
taxlaw-2799	735	6	tax	tax	NOUN
taxlaw-2799	735	7	law	law	NOUN
taxlaw-2799	735	8	[	[	X
taxlaw-2799	735	9	vol	vol	NOUN
taxlaw-2799	735	10	.	.	PUNCT
taxlaw-2799	735	11	2:1	2:1	NUM
taxlaw-2799	735	12	are	be	AUX
taxlaw-2799	735	13	not	not	PART
taxlaw-2799	735	14	subject	subject	ADJ
taxlaw-2799	735	15	to	to	ADP
taxlaw-2799	735	16	mandatory	mandatory	ADJ
taxlaw-2799	735	17	clearing	clearing	NOUN
taxlaw-2799	735	18	and	and	CCONJ
taxlaw-2799	735	19	trading	trading	NOUN
taxlaw-2799	735	20	,	,	PUNCT
taxlaw-2799	735	21	but	but	CCONJ
taxlaw-2799	735	22	may	may	AUX
taxlaw-2799	735	23	be	be	AUX
taxlaw-2799	735	24	subject	subject	ADJ
taxlaw-2799	735	25	to	to	ADP
taxlaw-2799	735	26	the	the	DET
taxlaw-2799	735	27	margin	margin	NOUN
taxlaw-2799	735	28	requirement	requirement	NOUN
taxlaw-2799	735	29	described	describe	VERB
taxlaw-2799	735	30	below	below	ADV
taxlaw-2799	735	31	.	.	PUNCT
taxlaw-2799	736	1	margin	margin	NOUN
taxlaw-2799	736	2	for	for	ADP
taxlaw-2799	736	3	cleared	clear	VERB
taxlaw-2799	736	4	swaps	swap	NOUN
taxlaw-2799	736	5	will	will	AUX
taxlaw-2799	736	6	be	be	AUX
taxlaw-2799	736	7	subject	subject	ADJ
taxlaw-2799	736	8	to	to	ADP
taxlaw-2799	736	9	requirements	requirement	NOUN
taxlaw-2799	736	10	generally	generally	ADV
taxlaw-2799	736	11	similar	similar	ADJ
taxlaw-2799	736	12	to	to	ADP
taxlaw-2799	736	13	those	those	PRON
taxlaw-2799	736	14	that	that	PRON
taxlaw-2799	736	15	currently	currently	ADV
taxlaw-2799	736	16	apply	apply	VERB
taxlaw-2799	736	17	to	to	ADP
taxlaw-2799	736	18	fcms	fcms	NOUN
taxlaw-2799	736	19	for	for	ADP
taxlaw-2799	736	20	futures	future	NOUN
taxlaw-2799	736	21	,	,	PUNCT
taxlaw-2799	736	22	and	and	CCONJ
taxlaw-2799	736	23	a	a	DET
taxlaw-2799	736	24	dealer	dealer	NOUN
taxlaw-2799	736	25	in	in	ADP
taxlaw-2799	736	26	swaps	swap	NOUN
taxlaw-2799	736	27	(	(	PUNCT
taxlaw-2799	736	28	but	but	CCONJ
taxlaw-2799	736	29	not	not	PART
taxlaw-2799	736	30	security	security	NOUN
taxlaw-2799	736	31	-	-	PUNCT
taxlaw-2799	736	32	based	base	VERB
taxlaw-2799	736	33	swaps	swap	NOUN
taxlaw-2799	736	34	)	)	PUNCT
taxlaw-2799	736	35	will	will	AUX
taxlaw-2799	736	36	be	be	AUX
taxlaw-2799	736	37	required	require	VERB
taxlaw-2799	736	38	to	to	PART
taxlaw-2799	736	39	register	register	VERB
taxlaw-2799	736	40	as	as	ADP
taxlaw-2799	736	41	a	a	DET
taxlaw-2799	736	42	fcm	fcm	NOUN
taxlaw-2799	736	43	in	in	SCONJ
taxlaw-2799	736	44	order	order	NOUN
taxlaw-2799	736	45	to	to	PART
taxlaw-2799	736	46	accept	accept	VERB
taxlaw-2799	736	47	such	such	ADJ
taxlaw-2799	736	48	margin.65	margin.65	ADP
taxlaw-2799	736	49	swaps	swap	NOUN
taxlaw-2799	736	50	that	that	PRON
taxlaw-2799	736	51	are	be	AUX
taxlaw-2799	736	52	not	not	PART
taxlaw-2799	736	53	cleared	clear	VERB
taxlaw-2799	736	54	also	also	ADV
taxlaw-2799	736	55	will	will	AUX
taxlaw-2799	736	56	be	be	AUX
taxlaw-2799	736	57	subject	subject	ADJ
taxlaw-2799	736	58	to	to	ADP
taxlaw-2799	736	59	initial	initial	ADJ
taxlaw-2799	736	60	margin	margin	NOUN
taxlaw-2799	736	61	and	and	CCONJ
taxlaw-2799	736	62	variation	variation	NOUN
taxlaw-2799	736	63	margin	margin	NOUN
taxlaw-2799	736	64	requirements	requirement	NOUN
taxlaw-2799	736	65	imposed	impose	VERB
taxlaw-2799	736	66	by	by	ADP
taxlaw-2799	736	67	regulators	regulator	NOUN
taxlaw-2799	736	68	.	.	PUNCT
taxlaw-2799	737	1	the	the	DET
taxlaw-2799	737	2	level	level	NOUN
taxlaw-2799	737	3	of	of	ADP
taxlaw-2799	737	4	margin	margin	NOUN
taxlaw-2799	737	5	that	that	PRON
taxlaw-2799	737	6	will	will	AUX
taxlaw-2799	737	7	be	be	AUX
taxlaw-2799	737	8	required	require	VERB
taxlaw-2799	737	9	for	for	ADP
taxlaw-2799	737	10	such	such	ADJ
taxlaw-2799	737	11	swaps	swap	NOUN
taxlaw-2799	737	12	is	be	AUX
taxlaw-2799	737	13	unclear	unclear	ADJ
taxlaw-2799	737	14	,	,	PUNCT
taxlaw-2799	737	15	but	but	CCONJ
taxlaw-2799	737	16	colloquies	colloquy	NOUN
taxlaw-2799	737	17	on	on	ADP
taxlaw-2799	737	18	the	the	DET
taxlaw-2799	737	19	floor	floor	NOUN
taxlaw-2799	737	20	of	of	ADP
taxlaw-2799	737	21	congress	congress	PROPN
taxlaw-2799	737	22	indicate	indicate	VERB
taxlaw-2799	737	23	that	that	SCONJ
taxlaw-2799	737	24	they	they	PRON
taxlaw-2799	737	25	are	be	AUX
taxlaw-2799	737	26	intended	intend	VERB
taxlaw-2799	737	27	to	to	PART
taxlaw-2799	737	28	be	be	AUX
taxlaw-2799	737	29	less	less	ADV
taxlaw-2799	737	30	onerous	onerous	ADJ
taxlaw-2799	737	31	than	than	ADP
taxlaw-2799	737	32	the	the	DET
taxlaw-2799	737	33	margin	margin	NOUN
taxlaw-2799	737	34	requirements	requirement	NOUN
taxlaw-2799	737	35	for	for	ADP
taxlaw-2799	737	36	cleared	clear	VERB
taxlaw-2799	737	37	swaps	swap	NOUN
taxlaw-2799	737	38	.	.	PUNCT
taxlaw-2799	738	1	swaps	swap	NOUN
taxlaw-2799	738	2	subject	subject	ADJ
taxlaw-2799	738	3	to	to	ADP
taxlaw-2799	738	4	the	the	DET
taxlaw-2799	738	5	mandatory	mandatory	ADJ
taxlaw-2799	738	6	clearing	clearing	NOUN
taxlaw-2799	738	7	requirement	requirement	NOUN
taxlaw-2799	738	8	will	will	AUX
taxlaw-2799	738	9	be	be	AUX
taxlaw-2799	738	10	required	require	VERB
taxlaw-2799	738	11	to	to	PART
taxlaw-2799	738	12	be	be	AUX
taxlaw-2799	738	13	traded	trade	VERB
taxlaw-2799	738	14	on	on	ADP
taxlaw-2799	738	15	a	a	DET
taxlaw-2799	738	16	national	national	ADJ
taxlaw-2799	738	17	securities	security	NOUN
taxlaw-2799	738	18	exchange	exchange	NOUN
taxlaw-2799	738	19	,	,	PUNCT
taxlaw-2799	738	20	a	a	DET
taxlaw-2799	738	21	designated	designate	VERB
taxlaw-2799	738	22	contract	contract	NOUN
taxlaw-2799	738	23	market	market	NOUN
taxlaw-2799	738	24	or	or	CCONJ
taxlaw-2799	738	25	new	new	ADJ
taxlaw-2799	738	26	type	type	NOUN
taxlaw-2799	738	27	of	of	ADP
taxlaw-2799	738	28	regulated	regulated	ADJ
taxlaw-2799	738	29	trading	trading	NOUN
taxlaw-2799	738	30	facility	facility	NOUN
taxlaw-2799	738	31	called	call	VERB
taxlaw-2799	738	32	a	a	DET
taxlaw-2799	738	33	“	"	PUNCT
taxlaw-2799	738	34	swap	swap	ADJ
taxlaw-2799	738	35	execution	execution	NOUN
taxlaw-2799	738	36	facility	facility	NOUN
taxlaw-2799	738	37	,	,	PUNCT
taxlaw-2799	738	38	”	"	PUNCT
taxlaw-2799	738	39	unless	unless	SCONJ
taxlaw-2799	738	40	no	no	DET
taxlaw-2799	738	41	exchange	exchange	NOUN
taxlaw-2799	738	42	or	or	CCONJ
taxlaw-2799	738	43	swap	swap	NOUN
taxlaw-2799	738	44	execution	execution	NOUN
taxlaw-2799	738	45	facility	facility	NOUN
taxlaw-2799	738	46	makes	make	VERB
taxlaw-2799	738	47	the	the	DET
taxlaw-2799	738	48	swap	swap	NOUN
taxlaw-2799	738	49	available	available	ADJ
taxlaw-2799	738	50	to	to	PART
taxlaw-2799	738	51	trade	trade	VERB
taxlaw-2799	738	52	.	.	PUNCT
taxlaw-2799	739	1	a	a	DET
taxlaw-2799	739	2	swap	swap	NOUN
taxlaw-2799	739	3	execution	execution	NOUN
taxlaw-2799	739	4	facility	facility	NOUN
taxlaw-2799	739	5	is	be	AUX
taxlaw-2799	739	6	defined	define	VERB
taxlaw-2799	739	7	as	as	ADP
taxlaw-2799	739	8	a	a	DET
taxlaw-2799	739	9	trading	trading	NOUN
taxlaw-2799	739	10	system	system	NOUN
taxlaw-2799	739	11	in	in	ADP
taxlaw-2799	739	12	which	which	PRON
taxlaw-2799	739	13	multiple	multiple	ADJ
taxlaw-2799	739	14	participants	participant	NOUN
taxlaw-2799	739	15	have	have	VERB
taxlaw-2799	739	16	the	the	DET
taxlaw-2799	739	17	ability	ability	NOUN
taxlaw-2799	739	18	to	to	PART
taxlaw-2799	739	19	execute	execute	VERB
taxlaw-2799	739	20	or	or	CCONJ
taxlaw-2799	739	21	trade	trade	NOUN
taxlaw-2799	739	22	swaps	swap	NOUN
taxlaw-2799	739	23	by	by	ADP
taxlaw-2799	739	24	accepting	accept	VERB
taxlaw-2799	739	25	bids	bid	NOUN
taxlaw-2799	739	26	and	and	CCONJ
taxlaw-2799	739	27	offers	offer	NOUN
taxlaw-2799	739	28	made	make	VERB
taxlaw-2799	739	29	by	by	ADP
taxlaw-2799	739	30	multiple	multiple	ADJ
taxlaw-2799	739	31	participants	participant	NOUN
taxlaw-2799	739	32	in	in	ADP
taxlaw-2799	739	33	the	the	DET
taxlaw-2799	739	34	system.66	system.66	NOUN
taxlaw-2799	739	35	the	the	DET
taxlaw-2799	739	36	agencies	agency	NOUN
taxlaw-2799	739	37	are	be	AUX
taxlaw-2799	739	38	currently	currently	ADV
taxlaw-2799	739	39	considering	consider	VERB
taxlaw-2799	739	40	what	what	PRON
taxlaw-2799	739	41	types	type	NOUN
taxlaw-2799	739	42	of	of	ADP
taxlaw-2799	739	43	arrangements	arrangement	NOUN
taxlaw-2799	739	44	will	will	AUX
taxlaw-2799	739	45	be	be	AUX
taxlaw-2799	739	46	treated	treat	VERB
taxlaw-2799	739	47	as	as	ADP
taxlaw-2799	739	48	satisfying	satisfy	VERB
taxlaw-2799	739	49	this	this	DET
taxlaw-2799	739	50	standard	standard	NOUN
taxlaw-2799	739	51	.	.	PUNCT
taxlaw-2799	740	1	the	the	DET
taxlaw-2799	740	2	“	"	PUNCT
taxlaw-2799	740	3	unless	unless	SCONJ
taxlaw-2799	740	4	”	"	PUNCT
taxlaw-2799	740	5	clause	clause	NOUN
taxlaw-2799	740	6	above	above	ADV
taxlaw-2799	740	7	may	may	AUX
taxlaw-2799	740	8	be	be	AUX
taxlaw-2799	740	9	significant	significant	ADJ
taxlaw-2799	740	10	.	.	PUNCT
taxlaw-2799	741	1	the	the	DET
taxlaw-2799	741	2	cftc	cftc	PROPN
taxlaw-2799	741	3	and	and	CCONJ
taxlaw-2799	741	4	sec	sec	PROPN
taxlaw-2799	741	5	are	be	AUX
taxlaw-2799	741	6	required	require	VERB
taxlaw-2799	741	7	to	to	PART
taxlaw-2799	741	8	prescribe	prescribe	VERB
taxlaw-2799	741	9	rules	rule	NOUN
taxlaw-2799	741	10	defining	define	VERB
taxlaw-2799	741	11	the	the	DET
taxlaw-2799	741	12	universe	universe	NOUN
taxlaw-2799	741	13	of	of	ADP
taxlaw-2799	741	14	swaps	swap	NOUN
taxlaw-2799	741	15	that	that	PRON
taxlaw-2799	741	16	“	"	PUNCT
taxlaw-2799	741	17	can	can	AUX
taxlaw-2799	741	18	”	"	PUNCT
taxlaw-2799	741	19	be	be	AUX
taxlaw-2799	741	20	executed	execute	VERB
taxlaw-2799	741	21	on	on	ADP
taxlaw-2799	741	22	a	a	DET
taxlaw-2799	741	23	swap	swap	NOUN
taxlaw-2799	741	24	execution	execution	NOUN
taxlaw-2799	741	25	facility.67	facility.67	VERB
taxlaw-2799	741	26	the	the	DET
taxlaw-2799	741	27	standard	standard	NOUN
taxlaw-2799	741	28	to	to	PART
taxlaw-2799	741	29	be	be	AUX
taxlaw-2799	741	30	used	use	VERB
taxlaw-2799	741	31	in	in	ADP
taxlaw-2799	741	32	applying	apply	VERB
taxlaw-2799	741	33	this	this	DET
taxlaw-2799	741	34	provision	provision	NOUN
taxlaw-2799	741	35	is	be	AUX
taxlaw-2799	741	36	not	not	PART
taxlaw-2799	741	37	clear	clear	ADJ
taxlaw-2799	741	38	.	.	PUNCT
taxlaw-2799	742	1	however	however	ADV
taxlaw-2799	742	2	,	,	PUNCT
taxlaw-2799	742	3	swaps	swap	NOUN
taxlaw-2799	742	4	falling	fall	VERB
taxlaw-2799	742	5	outside	outside	ADP
taxlaw-2799	742	6	this	this	DET
taxlaw-2799	742	7	universe	universe	NOUN
taxlaw-2799	742	8	will	will	AUX
taxlaw-2799	742	9	be	be	AUX
taxlaw-2799	742	10	permitted	permit	VERB
taxlaw-2799	742	11	to	to	PART
taxlaw-2799	742	12	be	be	AUX
taxlaw-2799	742	13	executed	execute	VERB
taxlaw-2799	742	14	through	through	ADP
taxlaw-2799	742	15	any	any	DET
taxlaw-2799	742	16	other	other	ADJ
taxlaw-2799	742	17	available	available	ADJ
taxlaw-2799	742	18	means	mean	NOUN
taxlaw-2799	742	19	of	of	ADP
taxlaw-2799	742	20	interstate	interstate	ADJ
taxlaw-2799	742	21	commerce	commerce	NOUN
taxlaw-2799	742	22	.	.	PUNCT
taxlaw-2799	743	1	thus	thus	ADV
taxlaw-2799	743	2	,	,	PUNCT
taxlaw-2799	743	3	it	it	PRON
taxlaw-2799	743	4	may	may	AUX
taxlaw-2799	743	5	be	be	AUX
taxlaw-2799	743	6	the	the	DET
taxlaw-2799	743	7	case	case	NOUN
taxlaw-2799	743	8	that	that	SCONJ
taxlaw-2799	743	9	some	some	DET
taxlaw-2799	743	10	categories	category	NOUN
taxlaw-2799	743	11	of	of	ADP
taxlaw-2799	743	12	swaps	swap	NOUN
taxlaw-2799	743	13	are	be	AUX
taxlaw-2799	743	14	subject	subject	ADJ
taxlaw-2799	743	15	to	to	ADP
taxlaw-2799	743	16	mandatory	mandatory	ADJ
taxlaw-2799	743	17	clearing	clearing	NOUN
taxlaw-2799	743	18	but	but	CCONJ
taxlaw-2799	743	19	not	not	PART
taxlaw-2799	743	20	mandatory	mandatory	ADJ
taxlaw-2799	743	21	trading	trading	NOUN
taxlaw-2799	743	22	requirements	requirement	NOUN
taxlaw-2799	743	23	.	.	PUNCT
taxlaw-2799	744	1	3	3	X
taxlaw-2799	744	2	.	.	X
taxlaw-2799	744	3	swap	swap	NOUN
taxlaw-2799	744	4	dealers	dealer	NOUN
taxlaw-2799	744	5	,	,	PUNCT
taxlaw-2799	744	6	major	major	ADJ
taxlaw-2799	744	7	swap	swap	NOUN
taxlaw-2799	744	8	participants	participant	NOUN
taxlaw-2799	744	9	and	and	CCONJ
taxlaw-2799	744	10	endusers	enduser	NOUN
taxlaw-2799	744	11	.	.	PUNCT
taxlaw-2799	745	1	dodd	dodd	PROPN
taxlaw-2799	745	2	-	-	PUNCT
taxlaw-2799	745	3	frank	frank	PROPN
taxlaw-2799	745	4	provides	provide	VERB
taxlaw-2799	745	5	specific	specific	ADJ
taxlaw-2799	745	6	rules	rule	NOUN
taxlaw-2799	745	7	for	for	ADP
taxlaw-2799	745	8	categories	category	NOUN
taxlaw-2799	745	9	of	of	ADP
taxlaw-2799	745	10	persons	person	NOUN
taxlaw-2799	745	11	termed	term	VERB
taxlaw-2799	745	12	swap	swap	NOUN
taxlaw-2799	745	13	dealers	dealer	NOUN
taxlaw-2799	745	14	,	,	PUNCT
taxlaw-2799	745	15	major	major	ADJ
taxlaw-2799	745	16	swap	swap	NOUN
taxlaw-2799	745	17	participants	participant	NOUN
taxlaw-2799	745	18	and	and	CCONJ
taxlaw-2799	745	19	end	end	NOUN
taxlaw-2799	745	20	-	-	PUNCT
taxlaw-2799	745	21	users.68	users.68	ADJ
taxlaw-2799	745	22	swap	swap	NOUN
taxlaw-2799	745	23	dealers	dealer	NOUN
taxlaw-2799	745	24	and	and	CCONJ
taxlaw-2799	745	25	major	major	ADJ
taxlaw-2799	745	26	swap	swap	NOUN
taxlaw-2799	745	27	participants	participant	NOUN
taxlaw-2799	745	28	are	be	AUX
taxlaw-2799	745	29	subject	subject	ADJ
taxlaw-2799	745	30	to	to	ADP
taxlaw-2799	745	31	the	the	DET
taxlaw-2799	745	32	mandatory	mandatory	ADJ
taxlaw-2799	745	33	clearing	clearing	NOUN
taxlaw-2799	745	34	and	and	CCONJ
taxlaw-2799	745	35	trading	trading	NOUN
taxlaw-2799	745	36	requirements	requirement	NOUN
taxlaw-2799	745	37	described	describe	VERB
taxlaw-2799	745	38	above	above	ADV
taxlaw-2799	745	39	.	.	PUNCT
taxlaw-2799	746	1	they	they	PRON
taxlaw-2799	746	2	must	must	AUX
taxlaw-2799	746	3	register	register	VERB
taxlaw-2799	746	4	with	with	ADP
taxlaw-2799	746	5	the	the	DET
taxlaw-2799	746	6	cftc	cftc	PROPN
taxlaw-2799	746	7	and	and	CCONJ
taxlaw-2799	746	8	sec	sec	PROPN
taxlaw-2799	746	9	,	,	PUNCT
taxlaw-2799	746	10	and	and	CCONJ
taxlaw-2799	746	11	are	be	AUX
taxlaw-2799	746	12	subject	subject	ADJ
taxlaw-2799	746	13	to	to	ADP
taxlaw-2799	746	14	new	new	ADJ
taxlaw-2799	746	15	capital	capital	NOUN
taxlaw-2799	746	16	and	and	CCONJ
taxlaw-2799	746	17	disclosure	disclosure	NOUN
taxlaw-2799	746	18	requirements	requirement	NOUN
taxlaw-2799	746	19	.	.	PUNCT
taxlaw-2799	747	1	the	the	DET
taxlaw-2799	747	2	term	term	NOUN
taxlaw-2799	747	3	“	"	PUNCT
taxlaw-2799	747	4	swap	swap	NOUN
taxlaw-2799	747	5	dealer	dealer	NOUN
taxlaw-2799	747	6	”	"	PUNCT
taxlaw-2799	747	7	generally	generally	ADV
taxlaw-2799	747	8	includes	include	VERB
taxlaw-2799	747	9	any	any	DET
taxlaw-2799	747	10	person	person	NOUN
taxlaw-2799	747	11	who	who	PRON
taxlaw-2799	747	12	is	be	AUX
taxlaw-2799	747	13	a	a	DET
taxlaw-2799	747	14	dealer	dealer	NOUN
taxlaw-2799	747	15	or	or	CCONJ
taxlaw-2799	747	16	market	market	NOUN
taxlaw-2799	747	17	maker	maker	NOUN
taxlaw-2799	747	18	in	in	ADP
taxlaw-2799	747	19	swaps	swap	NOUN
taxlaw-2799	747	20	or	or	CCONJ
taxlaw-2799	747	21	who	who	PRON
taxlaw-2799	747	22	“	"	PUNCT
taxlaw-2799	747	23	regularly	regularly	ADV
taxlaw-2799	747	24	enters	enter	VERB
taxlaw-2799	747	25	into	into	ADP
taxlaw-2799	747	26	swaps	swap	NOUN
taxlaw-2799	747	27	with	with	ADP
taxlaw-2799	747	28	counterparties	counterpartie	NOUN
taxlaw-2799	747	29	as	as	ADP
taxlaw-2799	747	30	an	an	DET
taxlaw-2799	747	31	ordinary	ordinary	ADJ
taxlaw-2799	747	32	course	course	NOUN
taxlaw-2799	747	33	of	of	ADP
taxlaw-2799	747	34	business	business	NOUN
taxlaw-2799	747	35	for	for	ADP
taxlaw-2799	747	36	its	its	PRON
taxlaw-2799	747	37	own	own	ADJ
taxlaw-2799	747	38	account	account	NOUN
taxlaw-2799	747	39	”	"	PUNCT
taxlaw-2799	747	40	,	,	PUNCT
taxlaw-2799	747	41	but	but	CCONJ
taxlaw-2799	747	42	not	not	PART
taxlaw-2799	747	43	someone	someone	PRON
taxlaw-2799	747	44	who	who	PRON
taxlaw-2799	747	45	enters	enter	VERB
taxlaw-2799	747	46	into	into	ADP
taxlaw-2799	747	47	swaps	swap	NOUN
taxlaw-2799	747	48	other	other	ADJ
taxlaw-2799	747	49	than	than	ADP
taxlaw-2799	747	50	as	as	ADP
taxlaw-2799	747	51	part	part	NOUN
taxlaw-2799	747	52	of	of	ADP
taxlaw-2799	747	53	a	a	DET
taxlaw-2799	747	54	regular	regular	ADJ
taxlaw-2799	747	55	business	business	NOUN
taxlaw-2799	747	56	.	.	PUNCT
taxlaw-2799	748	1	a	a	DET
taxlaw-2799	748	2	non	non	ADJ
taxlaw-2799	748	3	-	-	ADJ
taxlaw-2799	748	4	dealer	dealer	NOUN
taxlaw-2799	748	5	will	will	AUX
taxlaw-2799	748	6	be	be	AUX
taxlaw-2799	748	7	treated	treat	VERB
taxlaw-2799	748	8	as	as	ADP
taxlaw-2799	748	9	a	a	DET
taxlaw-2799	748	10	“	"	PUNCT
taxlaw-2799	748	11	major	major	ADJ
taxlaw-2799	748	12	swap	swap	NOUN
taxlaw-2799	748	13	participant	participant	NOUN
taxlaw-2799	748	14	”	"	PUNCT
taxlaw-2799	748	15	if	if	SCONJ
taxlaw-2799	748	16	(	(	PUNCT
taxlaw-2799	748	17	i	i	NOUN
taxlaw-2799	748	18	)	)	PUNCT
taxlaw-2799	748	19	it	it	PRON
taxlaw-2799	748	20	maintains	maintain	VERB
taxlaw-2799	748	21	65	65	NUM
taxlaw-2799	748	22	dodd	dodd	PROPN
taxlaw-2799	748	23	-	-	PUNCT
taxlaw-2799	748	24	frank	frank	PROPN
taxlaw-2799	748	25	wall	wall	PROPN
taxlaw-2799	748	26	street	street	PROPN
taxlaw-2799	748	27	reform	reform	PROPN
taxlaw-2799	748	28	and	and	CCONJ
taxlaw-2799	748	29	consumer	consumer	NOUN
taxlaw-2799	748	30	protection	protection	PROPN
taxlaw-2799	748	31	act	act	PROPN
taxlaw-2799	748	32	,	,	PUNCT
taxlaw-2799	748	33	pub	pub	NOUN
taxlaw-2799	748	34	.	.	PUNCT
taxlaw-2799	749	1	l.	l.	PROPN
taxlaw-2799	749	2	no	no	INTJ
taxlaw-2799	749	3	.	.	PROPN
taxlaw-2799	750	1	111203	111203	NUM
taxlaw-2799	750	2	,	,	PUNCT
taxlaw-2799	750	3	§	§	PROPN
taxlaw-2799	750	4	724	724	NUM
taxlaw-2799	750	5	,	,	PUNCT
taxlaw-2799	750	6	124	124	NUM
taxlaw-2799	750	7	stat	stat	NOUN
taxlaw-2799	750	8	.	.	PUNCT
taxlaw-2799	751	1	1376	1376	NUM
taxlaw-2799	751	2	(	(	PUNCT
taxlaw-2799	751	3	2010	2010	NUM
taxlaw-2799	751	4	)	)	PUNCT
taxlaw-2799	751	5	(	(	PUNCT
taxlaw-2799	751	6	adding	add	VERB
taxlaw-2799	751	7	subsection	subsection	NOUN
taxlaw-2799	751	8	(	(	PUNCT
taxlaw-2799	751	9	f	f	X
taxlaw-2799	751	10	)	)	PUNCT
taxlaw-2799	751	11	to	to	ADP
taxlaw-2799	751	12	§	§	PROPN
taxlaw-2799	751	13	4d	4d	NUM
taxlaw-2799	751	14	of	of	ADP
taxlaw-2799	751	15	the	the	DET
taxlaw-2799	751	16	commodity	commodity	NOUN
taxlaw-2799	751	17	exchange	exchange	PROPN
taxlaw-2799	751	18	act	act	PROPN
taxlaw-2799	751	19	,	,	PUNCT
taxlaw-2799	751	20	7	7	NUM
taxlaw-2799	751	21	u.s.c	u.s.c	ADJ
taxlaw-2799	751	22	.	.	PUNCT
taxlaw-2799	752	1	1a	1a	NUM
taxlaw-2799	752	2	)	)	PUNCT
taxlaw-2799	752	3	.	.	PUNCT
taxlaw-2799	753	1	66	66	NUM
taxlaw-2799	754	1	i	i	PRON
taxlaw-2799	754	2	d.	d.	PROPN
taxlaw-2799	754	3	§	§	PROPN
taxlaw-2799	754	4	721	721	NUM
taxlaw-2799	754	5	,	,	PUNCT
taxlaw-2799	754	6	124	124	NUM
taxlaw-2799	754	7	stat	stat	NOUN
taxlaw-2799	754	8	.	.	PUNCT
taxlaw-2799	755	1	1376	1376	NUM
taxlaw-2799	755	2	(	(	PUNCT
taxlaw-2799	755	3	2010	2010	NUM
taxlaw-2799	755	4	)	)	PUNCT
taxlaw-2799	755	5	(	(	PUNCT
taxlaw-2799	755	6	adding	add	VERB
taxlaw-2799	755	7	paragraph	paragraph	NOUN
taxlaw-2799	755	8	(	(	PUNCT
taxlaw-2799	755	9	50	50	NUM
taxlaw-2799	755	10	)	)	PUNCT
taxlaw-2799	755	11	to	to	ADP
taxlaw-2799	755	12	§	§	PROPN
taxlaw-2799	755	13	1a	1a	NOUN
taxlaw-2799	755	14	of	of	ADP
taxlaw-2799	755	15	the	the	DET
taxlaw-2799	755	16	commodity	commodity	NOUN
taxlaw-2799	755	17	exchange	exchange	PROPN
taxlaw-2799	755	18	act	act	PROPN
taxlaw-2799	755	19	,	,	PUNCT
taxlaw-2799	755	20	7	7	NUM
taxlaw-2799	755	21	u.s.c	u.s.c	ADJ
taxlaw-2799	755	22	.	.	PUNCT
taxlaw-2799	756	1	1a	1a	NUM
taxlaw-2799	756	2	)	)	PUNCT
taxlaw-2799	756	3	.	.	PUNCT
taxlaw-2799	757	1	67	67	NUM
taxlaw-2799	758	1	i	i	PRON
taxlaw-2799	758	2	d.	d.	PROPN
taxlaw-2799	758	3	§	§	PROPN
taxlaw-2799	758	4	733	733	NUM
taxlaw-2799	758	5	,	,	PUNCT
taxlaw-2799	758	6	124	124	NUM
taxlaw-2799	758	7	stat	stat	NOUN
taxlaw-2799	758	8	.	.	PUNCT
taxlaw-2799	759	1	1376	1376	NUM
taxlaw-2799	759	2	(	(	PUNCT
taxlaw-2799	759	3	2010	2010	NUM
taxlaw-2799	759	4	)	)	PUNCT
taxlaw-2799	759	5	(	(	PUNCT
taxlaw-2799	759	6	adding	add	VERB
taxlaw-2799	759	7	subsection	subsection	NOUN
taxlaw-2799	759	8	(	(	PUNCT
taxlaw-2799	759	9	d	d	NOUN
taxlaw-2799	759	10	)	)	PUNCT
taxlaw-2799	759	11	to	to	ADP
taxlaw-2799	759	12	§	§	PROPN
taxlaw-2799	759	13	5h	5h	NUM
taxlaw-2799	759	14	of	of	ADP
taxlaw-2799	759	15	the	the	DET
taxlaw-2799	759	16	commodity	commodity	NOUN
taxlaw-2799	759	17	exchange	exchange	PROPN
taxlaw-2799	759	18	act	act	PROPN
taxlaw-2799	759	19	,	,	PUNCT
taxlaw-2799	759	20	7	7	NUM
taxlaw-2799	759	21	u.s.c	u.s.c	ADJ
taxlaw-2799	759	22	.	.	PUNCT
taxlaw-2799	760	1	1a	1a	NUM
taxlaw-2799	760	2	)	)	PUNCT
taxlaw-2799	760	3	.	.	PUNCT
taxlaw-2799	761	1	68	68	NUM
taxlaw-2799	762	1	i	i	PRON
taxlaw-2799	762	2	d.	d.	PROPN
taxlaw-2799	762	3	§	§	PROPN
taxlaw-2799	762	4	721	721	NUM
taxlaw-2799	762	5	,	,	PUNCT
taxlaw-2799	762	6	124	124	NUM
taxlaw-2799	762	7	stat	stat	NOUN
taxlaw-2799	762	8	.	.	PUNCT
taxlaw-2799	763	1	1376	1376	NUM
taxlaw-2799	763	2	(	(	PUNCT
taxlaw-2799	763	3	2010	2010	NUM
taxlaw-2799	763	4	)	)	PUNCT
taxlaw-2799	763	5	(	(	PUNCT
taxlaw-2799	763	6	adding	add	VERB
taxlaw-2799	763	7	paragraph	paragraph	NOUN
taxlaw-2799	763	8	(	(	PUNCT
taxlaw-2799	763	9	49	49	NUM
taxlaw-2799	763	10	)	)	PUNCT
taxlaw-2799	763	11	to	to	ADP
taxlaw-2799	763	12	§	§	PROPN
taxlaw-2799	763	13	1a	1a	NOUN
taxlaw-2799	763	14	of	of	ADP
taxlaw-2799	763	15	the	the	DET
taxlaw-2799	763	16	commodity	commodity	NOUN
taxlaw-2799	763	17	exchange	exchange	PROPN
taxlaw-2799	763	18	act	act	PROPN
taxlaw-2799	763	19	,	,	PUNCT
taxlaw-2799	763	20	7	7	NUM
taxlaw-2799	763	21	u.s.c	u.s.c	ADJ
taxlaw-2799	763	22	.	.	PUNCT
taxlaw-2799	764	1	1a	1a	NUM
taxlaw-2799	764	2	)	)	PUNCT
taxlaw-2799	764	3	.	.	PUNCT
taxlaw-2799	765	1	2011	2011	NUM
taxlaw-2799	765	2	]	]	PUNCT
taxlaw-2799	765	3	ew	ew	AUX
taxlaw-2799	765	4	tax	tax	NOUN
taxlaw-2799	765	5	issues	issue	NOUN
taxlaw-2799	765	6	arisi	arisi	VERB
taxlaw-2799	765	7	g	g	PROPN
taxlaw-2799	765	8	from	from	ADP
taxlaw-2799	765	9	the	the	DET
taxlaw-2799	765	10	dodd	dodd	NOUN
taxlaw-2799	765	11	-	-	PUNCT
taxlaw-2799	765	12	fra	fra	PROPN
taxlaw-2799	765	13	k	k	PROPN
taxlaw-2799	765	14	act	act	VERB
taxlaw-2799	765	15	37	37	NUM
taxlaw-2799	765	16	a	a	DET
taxlaw-2799	765	17	substantial	substantial	ADJ
taxlaw-2799	765	18	position	position	NOUN
taxlaw-2799	765	19	in	in	ADP
taxlaw-2799	765	20	swaps	swap	NOUN
taxlaw-2799	765	21	,	,	PUNCT
taxlaw-2799	765	22	other	other	ADJ
taxlaw-2799	765	23	than	than	ADP
taxlaw-2799	765	24	positions	position	NOUN
taxlaw-2799	765	25	held	hold	VERB
taxlaw-2799	765	26	for	for	ADP
taxlaw-2799	765	27	hedging	hedging	NOUN
taxlaw-2799	765	28	or	or	CCONJ
taxlaw-2799	765	29	mitigating	mitigate	VERB
taxlaw-2799	765	30	commercial	commercial	ADJ
taxlaw-2799	765	31	risk	risk	NOUN
taxlaw-2799	765	32	,	,	PUNCT
taxlaw-2799	765	33	(	(	PUNCT
taxlaw-2799	765	34	ii	ii	NOUN
taxlaw-2799	765	35	)	)	PUNCT
taxlaw-2799	765	36	its	its	PRON
taxlaw-2799	765	37	outstanding	outstanding	ADJ
taxlaw-2799	765	38	swaps	swap	NOUN
taxlaw-2799	765	39	create	create	VERB
taxlaw-2799	765	40	“	"	PUNCT
taxlaw-2799	765	41	substantial	substantial	ADJ
taxlaw-2799	765	42	counterparty	counterparty	NOUN
taxlaw-2799	765	43	exposure	exposure	NOUN
taxlaw-2799	765	44	that	that	PRON
taxlaw-2799	765	45	could	could	AUX
taxlaw-2799	765	46	have	have	VERB
taxlaw-2799	765	47	serious	serious	ADJ
taxlaw-2799	765	48	adverse	adverse	ADJ
taxlaw-2799	765	49	effects	effect	NOUN
taxlaw-2799	765	50	on	on	ADP
taxlaw-2799	765	51	the	the	DET
taxlaw-2799	765	52	financial	financial	ADJ
taxlaw-2799	765	53	stability	stability	NOUN
taxlaw-2799	765	54	of	of	ADP
taxlaw-2799	765	55	the	the	DET
taxlaw-2799	765	56	united	united	PROPN
taxlaw-2799	765	57	states	states	PROPN
taxlaw-2799	765	58	banking	banking	NOUN
taxlaw-2799	765	59	system	system	NOUN
taxlaw-2799	765	60	or	or	CCONJ
taxlaw-2799	765	61	financial	financial	ADJ
taxlaw-2799	765	62	markets	market	NOUN
taxlaw-2799	765	63	,	,	PUNCT
taxlaw-2799	765	64	”	"	PUNCT
taxlaw-2799	765	65	or	or	CCONJ
taxlaw-2799	765	66	(	(	PUNCT
taxlaw-2799	765	67	iii	iii	X
taxlaw-2799	765	68	)	)	PUNCT
taxlaw-2799	765	69	it	it	PRON
taxlaw-2799	765	70	is	be	AUX
taxlaw-2799	765	71	a	a	DET
taxlaw-2799	765	72	“	"	PUNCT
taxlaw-2799	765	73	financial	financial	ADJ
taxlaw-2799	765	74	entity	entity	NOUN
taxlaw-2799	765	75	”	"	PUNCT
taxlaw-2799	765	76	that	that	PRON
taxlaw-2799	765	77	is	be	AUX
taxlaw-2799	765	78	“	"	PUNCT
taxlaw-2799	765	79	highly	highly	ADV
taxlaw-2799	765	80	leveraged	leveraged	ADJ
taxlaw-2799	765	81	relative	relative	NOUN
taxlaw-2799	765	82	to	to	ADP
taxlaw-2799	765	83	the	the	DET
taxlaw-2799	765	84	amount	amount	NOUN
taxlaw-2799	765	85	of	of	ADP
taxlaw-2799	765	86	capital	capital	NOUN
taxlaw-2799	765	87	it	it	PRON
taxlaw-2799	765	88	holds	hold	VERB
taxlaw-2799	765	89	”	"	PUNCT
taxlaw-2799	765	90	and	and	CCONJ
taxlaw-2799	765	91	maintains	maintain	VERB
taxlaw-2799	765	92	a	a	DET
taxlaw-2799	765	93	“	"	PUNCT
taxlaw-2799	765	94	substantial	substantial	ADJ
taxlaw-2799	765	95	position	position	NOUN
taxlaw-2799	765	96	”	"	PUNCT
taxlaw-2799	765	97	in	in	ADP
taxlaw-2799	765	98	swaps	swap	NOUN
taxlaw-2799	765	99	(	(	PUNCT
taxlaw-2799	765	100	whether	whether	SCONJ
taxlaw-2799	765	101	or	or	CCONJ
taxlaw-2799	765	102	not	not	PART
taxlaw-2799	765	103	such	such	ADJ
taxlaw-2799	765	104	swaps	swap	NOUN
taxlaw-2799	765	105	are	be	AUX
taxlaw-2799	765	106	held	hold	VERB
taxlaw-2799	765	107	for	for	ADP
taxlaw-2799	765	108	hedging	hedging	NOUN
taxlaw-2799	765	109	purposes	purpose	NOUN
taxlaw-2799	765	110	)	)	PUNCT
taxlaw-2799	765	111	,	,	PUNCT
taxlaw-2799	765	112	unless	unless	SCONJ
taxlaw-2799	765	113	it	it	PRON
taxlaw-2799	765	114	is	be	AUX
taxlaw-2799	765	115	subject	subject	ADJ
taxlaw-2799	765	116	to	to	ADP
taxlaw-2799	765	117	bank	bank	NOUN
taxlaw-2799	765	118	capital	capital	NOUN
taxlaw-2799	765	119	requirements.69	requirements.69	PROPN
taxlaw-2799	765	120	dodd	dodd	PROPN
taxlaw-2799	765	121	-	-	PUNCT
taxlaw-2799	765	122	frank	frank	PROPN
taxlaw-2799	765	123	exempts	exempt	VERB
taxlaw-2799	765	124	an	an	DET
taxlaw-2799	765	125	“	"	PUNCT
taxlaw-2799	765	126	end	end	NOUN
taxlaw-2799	765	127	user	user	NOUN
taxlaw-2799	765	128	”	"	PUNCT
taxlaw-2799	765	129	from	from	ADP
taxlaw-2799	765	130	the	the	DET
taxlaw-2799	765	131	mandatory	mandatory	ADJ
taxlaw-2799	765	132	clearing	clearing	NOUN
taxlaw-2799	765	133	(	(	PUNCT
taxlaw-2799	765	134	and	and	CCONJ
taxlaw-2799	765	135	therefore	therefore	ADV
taxlaw-2799	765	136	mandatory	mandatory	ADJ
taxlaw-2799	765	137	trading	trading	NOUN
taxlaw-2799	765	138	)	)	PUNCT
taxlaw-2799	766	1	requirements.70	requirements.70	ADP
taxlaw-2799	766	2	the	the	DET
taxlaw-2799	766	3	end	end	NOUN
taxlaw-2799	766	4	user	user	NOUN
taxlaw-2799	766	5	exemption	exemption	NOUN
taxlaw-2799	766	6	was	be	AUX
taxlaw-2799	766	7	intended	intend	VERB
taxlaw-2799	766	8	for	for	ADP
taxlaw-2799	766	9	operating	operate	VERB
taxlaw-2799	766	10	companies	company	NOUN
taxlaw-2799	766	11	that	that	PRON
taxlaw-2799	766	12	use	use	VERB
taxlaw-2799	766	13	derivatives	derivative	NOUN
taxlaw-2799	766	14	to	to	PART
taxlaw-2799	766	15	hedge	hedge	VERB
taxlaw-2799	766	16	their	their	PRON
taxlaw-2799	766	17	business	business	NOUN
taxlaw-2799	766	18	risks	risk	NOUN
taxlaw-2799	766	19	.	.	PUNCT
taxlaw-2799	767	1	an	an	DET
taxlaw-2799	767	2	“	"	PUNCT
taxlaw-2799	767	3	end	end	NOUN
taxlaw-2799	767	4	user	user	NOUN
taxlaw-2799	767	5	”	"	PUNCT
taxlaw-2799	767	6	is	be	AUX
taxlaw-2799	767	7	defined	define	VERB
taxlaw-2799	767	8	as	as	ADP
taxlaw-2799	767	9	a	a	DET
taxlaw-2799	767	10	person	person	NOUN
taxlaw-2799	767	11	who	who	PRON
taxlaw-2799	767	12	(	(	PUNCT
taxlaw-2799	767	13	a	a	X
taxlaw-2799	767	14	)	)	PUNCT
taxlaw-2799	767	15	is	be	AUX
taxlaw-2799	767	16	not	not	PART
taxlaw-2799	767	17	a	a	DET
taxlaw-2799	767	18	“	"	PUNCT
taxlaw-2799	767	19	financial	financial	ADJ
taxlaw-2799	767	20	entity	entity	NOUN
taxlaw-2799	767	21	,	,	PUNCT
taxlaw-2799	767	22	”	"	PUNCT
taxlaw-2799	767	23	(	(	PUNCT
taxlaw-2799	767	24	b	b	X
taxlaw-2799	767	25	)	)	PUNCT
taxlaw-2799	767	26	is	be	AUX
taxlaw-2799	767	27	using	use	VERB
taxlaw-2799	767	28	swaps	swap	NOUN
taxlaw-2799	767	29	to	to	PART
taxlaw-2799	767	30	hedge	hedge	VERB
taxlaw-2799	767	31	or	or	CCONJ
taxlaw-2799	767	32	mitigate	mitigate	VERB
taxlaw-2799	767	33	commercial	commercial	ADJ
taxlaw-2799	767	34	risk	risk	NOUN
taxlaw-2799	767	35	and	and	CCONJ
taxlaw-2799	767	36	(	(	PUNCT
taxlaw-2799	767	37	c	c	NOUN
taxlaw-2799	767	38	)	)	PUNCT
taxlaw-2799	767	39	notifies	notifie	NOUN
taxlaw-2799	767	40	the	the	DET
taxlaw-2799	767	41	cftc	cftc	PROPN
taxlaw-2799	767	42	or	or	CCONJ
taxlaw-2799	767	43	sec	sec	PROPN
taxlaw-2799	767	44	,	,	PUNCT
taxlaw-2799	767	45	as	as	ADP
taxlaw-2799	767	46	applicable	applicable	ADJ
taxlaw-2799	767	47	,	,	PUNCT
taxlaw-2799	767	48	how	how	SCONJ
taxlaw-2799	767	49	it	it	PRON
taxlaw-2799	767	50	generally	generally	ADV
taxlaw-2799	767	51	meets	meet	VERB
taxlaw-2799	767	52	its	its	PRON
taxlaw-2799	767	53	financial	financial	ADJ
taxlaw-2799	767	54	obligations	obligation	NOUN
taxlaw-2799	767	55	associated	associate	VERB
taxlaw-2799	767	56	with	with	ADP
taxlaw-2799	767	57	entering	enter	VERB
taxlaw-2799	767	58	into	into	ADP
taxlaw-2799	767	59	non	non	ADJ
taxlaw-2799	767	60	-	-	ADJ
taxlaw-2799	767	61	cleared	clear	VERB
taxlaw-2799	767	62	swaps	swap	NOUN
taxlaw-2799	767	63	.	.	PUNCT
taxlaw-2799	768	1	end	end	NOUN
taxlaw-2799	768	2	users	user	NOUN
taxlaw-2799	768	3	may	may	AUX
taxlaw-2799	768	4	,	,	PUNCT
taxlaw-2799	768	5	however	however	ADV
taxlaw-2799	768	6	,	,	PUNCT
taxlaw-2799	768	7	require	require	VERB
taxlaw-2799	768	8	that	that	SCONJ
taxlaw-2799	768	9	a	a	DET
taxlaw-2799	768	10	swap	swap	NOUN
taxlaw-2799	768	11	be	be	AUX
taxlaw-2799	768	12	cleared	clear	VERB
taxlaw-2799	768	13	,	,	PUNCT
taxlaw-2799	768	14	in	in	ADP
taxlaw-2799	768	15	which	which	DET
taxlaw-2799	768	16	case	case	NOUN
taxlaw-2799	768	17	they	they	PRON
taxlaw-2799	768	18	may	may	AUX
taxlaw-2799	768	19	designate	designate	VERB
taxlaw-2799	768	20	the	the	DET
taxlaw-2799	768	21	clearinghouse	clearinghouse	NOUN
taxlaw-2799	768	22	to	to	PART
taxlaw-2799	768	23	which	which	PRON
taxlaw-2799	768	24	the	the	DET
taxlaw-2799	768	25	swap	swap	NOUN
taxlaw-2799	768	26	is	be	AUX
taxlaw-2799	768	27	to	to	PART
taxlaw-2799	768	28	be	be	AUX
taxlaw-2799	768	29	submitted	submit	VERB
taxlaw-2799	768	30	.	.	PUNCT
taxlaw-2799	769	1	parties	party	NOUN
taxlaw-2799	769	2	that	that	PRON
taxlaw-2799	769	3	do	do	AUX
taxlaw-2799	769	4	not	not	PART
taxlaw-2799	769	5	fall	fall	VERB
taxlaw-2799	769	6	into	into	ADP
taxlaw-2799	769	7	these	these	DET
taxlaw-2799	769	8	three	three	NUM
taxlaw-2799	769	9	categories	category	NOUN
taxlaw-2799	769	10	presumably	presumably	ADV
taxlaw-2799	769	11	are	be	AUX
taxlaw-2799	769	12	subject	subject	ADJ
taxlaw-2799	769	13	to	to	ADP
taxlaw-2799	769	14	the	the	DET
taxlaw-2799	769	15	mandatory	mandatory	ADJ
taxlaw-2799	769	16	clearing	clearing	NOUN
taxlaw-2799	769	17	and	and	CCONJ
taxlaw-2799	769	18	trading	trading	NOUN
taxlaw-2799	769	19	requirements	requirement	NOUN
taxlaw-2799	769	20	,	,	PUNCT
taxlaw-2799	769	21	but	but	CCONJ
taxlaw-2799	769	22	not	not	PART
taxlaw-2799	769	23	the	the	DET
taxlaw-2799	769	24	other	other	ADJ
taxlaw-2799	769	25	regulatory	regulatory	ADJ
taxlaw-2799	769	26	rules	rule	NOUN
taxlaw-2799	769	27	applicable	applicable	ADJ
taxlaw-2799	769	28	to	to	PART
taxlaw-2799	769	29	swap	swap	VERB
taxlaw-2799	769	30	dealers	dealer	NOUN
taxlaw-2799	769	31	and	and	CCONJ
taxlaw-2799	769	32	major	major	ADJ
taxlaw-2799	769	33	swap	swap	NOUN
taxlaw-2799	769	34	participants	participant	NOUN
taxlaw-2799	769	35	.	.	PUNCT
taxlaw-2799	770	1	c.	c.	PROPN
taxlaw-2799	770	2	upfront	upfront	PROPN
taxlaw-2799	770	3	payments	payment	NOUN
taxlaw-2799	770	4	.	.	PUNCT
taxlaw-2799	771	1	an	an	DET
taxlaw-2799	771	2	unexpected	unexpected	ADJ
taxlaw-2799	771	3	byproduct	byproduct	NOUN
taxlaw-2799	771	4	of	of	ADP
taxlaw-2799	771	5	clearing	clear	VERB
taxlaw-2799	771	6	swaps	swap	NOUN
taxlaw-2799	771	7	is	be	AUX
taxlaw-2799	771	8	that	that	SCONJ
taxlaw-2799	771	9	it	it	PRON
taxlaw-2799	771	10	can	can	AUX
taxlaw-2799	771	11	,	,	PUNCT
taxlaw-2799	771	12	and	and	CCONJ
taxlaw-2799	771	13	has	have	AUX
taxlaw-2799	771	14	in	in	ADP
taxlaw-2799	771	15	the	the	DET
taxlaw-2799	771	16	case	case	NOUN
taxlaw-2799	771	17	of	of	ADP
taxlaw-2799	771	18	cds	cd	NOUN
taxlaw-2799	771	19	,	,	PUNCT
taxlaw-2799	771	20	give	give	VERB
taxlaw-2799	771	21	rise	rise	NOUN
taxlaw-2799	771	22	to	to	ADP
taxlaw-2799	771	23	regular	regular	ADJ
taxlaw-2799	771	24	upfront	upfront	ADJ
taxlaw-2799	771	25	payments	payment	NOUN
taxlaw-2799	771	26	on	on	ADP
taxlaw-2799	771	27	those	those	DET
taxlaw-2799	771	28	swaps	swap	NOUN
taxlaw-2799	771	29	,	,	PUNCT
taxlaw-2799	771	30	or	or	CCONJ
taxlaw-2799	771	31	potential	potential	ADJ
taxlaw-2799	771	32	deemed	deem	VERB
taxlaw-2799	771	33	upfront	upfront	ADJ
taxlaw-2799	771	34	payments	payment	NOUN
taxlaw-2799	771	35	for	for	ADP
taxlaw-2799	771	36	tax	tax	NOUN
taxlaw-2799	771	37	purposes	purpose	NOUN
taxlaw-2799	771	38	.	.	PUNCT
taxlaw-2799	772	1	as	as	SCONJ
taxlaw-2799	772	2	described	describe	VERB
taxlaw-2799	772	3	in	in	ADP
taxlaw-2799	772	4	section	section	NOUN
taxlaw-2799	772	5	i.b.1	i.b.1	NOUN
taxlaw-2799	772	6	,	,	PUNCT
taxlaw-2799	772	7	above	above	ADV
taxlaw-2799	772	8	,	,	PUNCT
taxlaw-2799	772	9	under	under	ADP
taxlaw-2799	772	10	the	the	DET
taxlaw-2799	772	11	timing	timing	NOUN
taxlaw-2799	772	12	rules	rule	NOUN
taxlaw-2799	772	13	applicable	applicable	ADJ
taxlaw-2799	772	14	to	to	ADP
taxlaw-2799	772	15	npcs	npc	NOUN
taxlaw-2799	772	16	,	,	PUNCT
taxlaw-2799	772	17	an	an	DET
taxlaw-2799	772	18	upfront	upfront	ADJ
taxlaw-2799	772	19	payment	payment	NOUN
taxlaw-2799	772	20	on	on	ADP
taxlaw-2799	772	21	an	an	DET
taxlaw-2799	772	22	npc	npc	NOUN
taxlaw-2799	772	23	is	be	AUX
taxlaw-2799	772	24	required	require	VERB
taxlaw-2799	772	25	to	to	PART
taxlaw-2799	772	26	be	be	AUX
taxlaw-2799	772	27	taken	take	VERB
taxlaw-2799	772	28	into	into	ADP
taxlaw-2799	772	29	account	account	NOUN
taxlaw-2799	772	30	over	over	ADP
taxlaw-2799	772	31	the	the	DET
taxlaw-2799	772	32	life	life	NOUN
taxlaw-2799	772	33	of	of	ADP
taxlaw-2799	772	34	the	the	DET
taxlaw-2799	772	35	npc	npc	NOUN
taxlaw-2799	772	36	,	,	PUNCT
taxlaw-2799	772	37	will	will	AUX
taxlaw-2799	772	38	be	be	AUX
taxlaw-2799	772	39	treated	treat	VERB
taxlaw-2799	772	40	as	as	ADP
taxlaw-2799	772	41	a	a	DET
taxlaw-2799	772	42	deemed	deemed	ADJ
taxlaw-2799	772	43	loan	loan	NOUN
taxlaw-2799	772	44	for	for	ADP
taxlaw-2799	772	45	u.s	u.s	PROPN
taxlaw-2799	772	46	.	.	PROPN
taxlaw-2799	772	47	federal	federal	ADJ
taxlaw-2799	772	48	income	income	NOUN
taxlaw-2799	772	49	tax	tax	NOUN
taxlaw-2799	772	50	purposes	purpose	NOUN
taxlaw-2799	772	51	if	if	SCONJ
taxlaw-2799	772	52	the	the	DET
taxlaw-2799	772	53	amount	amount	NOUN
taxlaw-2799	772	54	of	of	ADP
taxlaw-2799	772	55	the	the	DET
taxlaw-2799	772	56	upfront	upfront	ADJ
taxlaw-2799	772	57	payment	payment	NOUN
taxlaw-2799	772	58	is	be	AUX
taxlaw-2799	772	59	“	"	PUNCT
taxlaw-2799	772	60	significant	significant	ADJ
taxlaw-2799	772	61	,	,	PUNCT
taxlaw-2799	772	62	”	"	PUNCT
taxlaw-2799	772	63	and	and	CCONJ
taxlaw-2799	772	64	may	may	AUX
taxlaw-2799	772	65	be	be	AUX
taxlaw-2799	772	66	treated	treat	VERB
taxlaw-2799	772	67	as	as	ADP
taxlaw-2799	772	68	an	an	DET
taxlaw-2799	772	69	investment	investment	NOUN
taxlaw-2799	772	70	in	in	ADP
taxlaw-2799	772	71	united	united	PROPN
taxlaw-2799	772	72	states	states	PROPN
taxlaw-2799	772	73	property	property	NOUN
taxlaw-2799	772	74	whether	whether	SCONJ
taxlaw-2799	772	75	or	or	CCONJ
taxlaw-2799	772	76	not	not	PART
taxlaw-2799	772	77	it	it	PRON
taxlaw-2799	772	78	is	be	AUX
taxlaw-2799	772	79	“	"	PUNCT
taxlaw-2799	772	80	significant	significant	ADJ
taxlaw-2799	772	81	.	.	PUNCT
taxlaw-2799	772	82	”	"	PUNCT
taxlaw-2799	773	1	accordingly	accordingly	ADV
taxlaw-2799	773	2	,	,	PUNCT
taxlaw-2799	773	3	it	it	PRON
taxlaw-2799	773	4	is	be	AUX
taxlaw-2799	773	5	useful	useful	ADJ
taxlaw-2799	773	6	to	to	PART
taxlaw-2799	773	7	understand	understand	VERB
taxlaw-2799	773	8	the	the	DET
taxlaw-2799	773	9	causes	cause	NOUN
taxlaw-2799	773	10	of	of	ADP
taxlaw-2799	773	11	upfront	upfront	ADJ
taxlaw-2799	773	12	payments	payment	NOUN
taxlaw-2799	773	13	and	and	CCONJ
taxlaw-2799	773	14	the	the	DET
taxlaw-2799	773	15	corresponding	correspond	VERB
taxlaw-2799	773	16	cash	cash	NOUN
taxlaw-2799	773	17	flows	flow	VERB
taxlaw-2799	773	18	that	that	SCONJ
taxlaw-2799	773	19	they	they	PRON
taxlaw-2799	773	20	give	give	VERB
taxlaw-2799	773	21	rise	rise	NOUN
taxlaw-2799	773	22	to	to	ADP
taxlaw-2799	773	23	.	.	PUNCT
taxlaw-2799	774	1	1	1	X
taxlaw-2799	774	2	.	.	X
taxlaw-2799	774	3	standardization	standardization	NOUN
taxlaw-2799	774	4	of	of	ADP
taxlaw-2799	774	5	coupons	coupon	NOUN
taxlaw-2799	774	6	–	–	PUNCT
taxlaw-2799	774	7	in	in	ADP
taxlaw-2799	774	8	general	general	ADJ
taxlaw-2799	774	9	.	.	PUNCT
taxlaw-2799	775	1	if	if	SCONJ
taxlaw-2799	775	2	the	the	DET
taxlaw-2799	775	3	coupons	coupon	NOUN
taxlaw-2799	775	4	on	on	ADP
taxlaw-2799	775	5	a	a	DET
taxlaw-2799	775	6	swap	swap	NOUN
taxlaw-2799	775	7	eligible	eligible	ADJ
taxlaw-2799	775	8	for	for	ADP
taxlaw-2799	775	9	clearing	clearing	NOUN
taxlaw-2799	775	10	are	be	AUX
taxlaw-2799	775	11	permitted	permit	VERB
taxlaw-2799	775	12	to	to	PART
taxlaw-2799	775	13	be	be	AUX
taxlaw-2799	775	14	set	set	VERB
taxlaw-2799	775	15	only	only	ADV
taxlaw-2799	775	16	at	at	ADP
taxlaw-2799	775	17	prescribed	prescribed	ADJ
taxlaw-2799	775	18	levels	level	NOUN
taxlaw-2799	775	19	,	,	PUNCT
taxlaw-2799	775	20	there	there	PRON
taxlaw-2799	775	21	will	will	AUX
taxlaw-2799	775	22	ordinarily	ordinarily	ADV
taxlaw-2799	775	23	be	be	AUX
taxlaw-2799	775	24	an	an	DET
taxlaw-2799	775	25	upfront	upfront	ADJ
taxlaw-2799	775	26	payment	payment	NOUN
taxlaw-2799	775	27	on	on	ADP
taxlaw-2799	775	28	the	the	DET
taxlaw-2799	775	29	swap	swap	NOUN
taxlaw-2799	775	30	in	in	ADP
taxlaw-2799	775	31	order	order	NOUN
taxlaw-2799	775	32	to	to	PART
taxlaw-2799	775	33	bring	bring	VERB
taxlaw-2799	775	34	the	the	DET
taxlaw-2799	775	35	cash	cash	NOUN
taxlaw-2799	775	36	flows	flow	NOUN
taxlaw-2799	775	37	of	of	ADP
taxlaw-2799	775	38	the	the	DET
taxlaw-2799	775	39	swap	swap	NOUN
taxlaw-2799	775	40	as	as	ADP
taxlaw-2799	775	41	a	a	DET
taxlaw-2799	775	42	whole	whole	NOUN
taxlaw-2799	775	43	back	back	ADV
taxlaw-2799	775	44	to	to	ADP
taxlaw-2799	775	45	a	a	DET
taxlaw-2799	775	46	market	market	NOUN
taxlaw-2799	775	47	level	level	NOUN
taxlaw-2799	775	48	.	.	PUNCT
taxlaw-2799	776	1	this	this	PRON
taxlaw-2799	776	2	was	be	AUX
taxlaw-2799	776	3	illustrated	illustrate	VERB
taxlaw-2799	776	4	in	in	ADP
taxlaw-2799	776	5	section	section	NOUN
taxlaw-2799	776	6	i.b.1	i.b.1	NOUN
taxlaw-2799	776	7	,	,	PUNCT
taxlaw-2799	776	8	above	above	ADV
taxlaw-2799	776	9	,	,	PUNCT
taxlaw-2799	776	10	for	for	ADP
taxlaw-2799	776	11	interest	interest	NOUN
taxlaw-2799	776	12	rate	rate	NOUN
taxlaw-2799	776	13	swaps	swap	NOUN
taxlaw-2799	776	14	,	,	PUNCT
taxlaw-2799	776	15	where	where	SCONJ
taxlaw-2799	776	16	it	it	PRON
taxlaw-2799	776	17	was	be	AUX
taxlaw-2799	776	18	assumed	assume	VERB
taxlaw-2799	776	19	that	that	SCONJ
taxlaw-2799	776	20	the	the	DET
taxlaw-2799	776	21	market	market	NOUN
taxlaw-2799	776	22	level	level	NOUN
taxlaw-2799	776	23	for	for	ADP
taxlaw-2799	776	24	the	the	DET
taxlaw-2799	776	25	fixed	fix	VERB
taxlaw-2799	776	26	leg	leg	NOUN
taxlaw-2799	776	27	of	of	ADP
taxlaw-2799	776	28	an	an	DET
taxlaw-2799	776	29	interest	interest	NOUN
taxlaw-2799	776	30	rate	rate	NOUN
taxlaw-2799	776	31	swap	swap	NOUN
taxlaw-2799	776	32	was	be	AUX
taxlaw-2799	776	33	6	6	NUM
taxlaw-2799	776	34	percent	percent	NOUN
taxlaw-2799	776	35	but	but	CCONJ
taxlaw-2799	776	36	that	that	SCONJ
taxlaw-2799	776	37	the	the	DET
taxlaw-2799	776	38	periodic	periodic	ADJ
taxlaw-2799	776	39	payment	payment	NOUN
taxlaw-2799	776	40	on	on	ADP
taxlaw-2799	776	41	the	the	DET
taxlaw-2799	776	42	swap	swap	NOUN
taxlaw-2799	776	43	was	be	AUX
taxlaw-2799	776	44	5	5	NUM
taxlaw-2799	776	45	percent	percent	NOUN
taxlaw-2799	776	46	.	.	PUNCT
taxlaw-2799	777	1	in	in	ADP
taxlaw-2799	777	2	the	the	DET
taxlaw-2799	777	3	case	case	NOUN
taxlaw-2799	777	4	of	of	ADP
taxlaw-2799	777	5	interest	interest	NOUN
taxlaw-2799	777	6	rate	rate	NOUN
taxlaw-2799	777	7	swaps	swap	NOUN
taxlaw-2799	777	8	,	,	PUNCT
taxlaw-2799	777	9	an	an	DET
taxlaw-2799	777	10	upfront	upfront	ADJ
taxlaw-2799	777	11	payment	payment	NOUN
taxlaw-2799	777	12	will	will	AUX
taxlaw-2799	777	13	be	be	AUX
taxlaw-2799	777	14	equal	equal	ADJ
taxlaw-2799	777	15	to	to	ADP
taxlaw-2799	777	16	the	the	DET
taxlaw-2799	777	17	present	present	ADJ
taxlaw-2799	777	18	value	value	NOUN
taxlaw-2799	777	19	of	of	ADP
taxlaw-2799	777	20	the	the	DET
taxlaw-2799	777	21	difference	difference	NOUN
taxlaw-2799	777	22	between	between	ADP
taxlaw-2799	777	23	the	the	DET
taxlaw-2799	777	24	standard	standard	ADJ
taxlaw-2799	777	25	coupon	coupon	NOUN
taxlaw-2799	777	26	and	and	CCONJ
taxlaw-2799	777	27	the	the	DET
taxlaw-2799	777	28	market	market	NOUN
taxlaw-2799	777	29	coupon	coupon	NOUN
taxlaw-2799	777	30	over	over	ADP
taxlaw-2799	777	31	the	the	DET
taxlaw-2799	777	32	stated	state	VERB
taxlaw-2799	777	33	term	term	NOUN
taxlaw-2799	777	34	of	of	ADP
taxlaw-2799	777	35	the	the	DET
taxlaw-2799	777	36	swap	swap	NOUN
taxlaw-2799	777	37	.	.	PUNCT
taxlaw-2799	778	1	accordingly	accordingly	ADV
taxlaw-2799	778	2	,	,	PUNCT
taxlaw-2799	778	3	determining	determine	VERB
taxlaw-2799	778	4	69	69	NUM
taxlaw-2799	778	5	i	i	PRON
taxlaw-2799	778	6	d.	d.	PROPN
taxlaw-2799	778	7	§	§	PROPN
taxlaw-2799	778	8	721	721	NUM
taxlaw-2799	778	9	,	,	PUNCT
taxlaw-2799	778	10	124	124	NUM
taxlaw-2799	778	11	stat	stat	NOUN
taxlaw-2799	778	12	.	.	PUNCT
taxlaw-2799	779	1	1376	1376	NUM
taxlaw-2799	779	2	(	(	PUNCT
taxlaw-2799	779	3	2010	2010	NUM
taxlaw-2799	779	4	)	)	PUNCT
taxlaw-2799	779	5	(	(	PUNCT
taxlaw-2799	779	6	adding	add	VERB
taxlaw-2799	779	7	paragraph	paragraph	NOUN
taxlaw-2799	779	8	(	(	PUNCT
taxlaw-2799	779	9	33	33	NUM
taxlaw-2799	779	10	)	)	PUNCT
taxlaw-2799	779	11	to	to	ADP
taxlaw-2799	779	12	§	§	PROPN
taxlaw-2799	779	13	1a	1a	NOUN
taxlaw-2799	779	14	of	of	ADP
taxlaw-2799	779	15	the	the	DET
taxlaw-2799	779	16	commodity	commodity	NOUN
taxlaw-2799	779	17	exchange	exchange	PROPN
taxlaw-2799	779	18	act	act	PROPN
taxlaw-2799	779	19	,	,	PUNCT
taxlaw-2799	779	20	7	7	NUM
taxlaw-2799	779	21	u.s.c	u.s.c	ADJ
taxlaw-2799	779	22	.	.	PUNCT
taxlaw-2799	780	1	1a	1a	NUM
taxlaw-2799	780	2	)	)	PUNCT
taxlaw-2799	780	3	.	.	PUNCT
taxlaw-2799	781	1	70	70	NUM
taxlaw-2799	782	1	i	i	PRON
taxlaw-2799	782	2	d.	d.	PROPN
taxlaw-2799	782	3	§	§	PROPN
taxlaw-2799	782	4	723	723	NUM
taxlaw-2799	782	5	,	,	PUNCT
taxlaw-2799	782	6	124	124	NUM
taxlaw-2799	782	7	stat	stat	NOUN
taxlaw-2799	782	8	.	.	PUNCT
taxlaw-2799	783	1	1376	1376	NUM
taxlaw-2799	783	2	(	(	PUNCT
taxlaw-2799	783	3	2010	2010	NUM
taxlaw-2799	783	4	)	)	PUNCT
taxlaw-2799	783	5	(	(	PUNCT
taxlaw-2799	783	6	adding	add	VERB
taxlaw-2799	783	7	paragraph	paragraph	NOUN
taxlaw-2799	783	8	(	(	PUNCT
taxlaw-2799	783	9	7	7	NUM
taxlaw-2799	783	10	)	)	PUNCT
taxlaw-2799	783	11	to	to	ADP
taxlaw-2799	783	12	§	§	PROPN
taxlaw-2799	783	13	2(h	2(h	NUM
taxlaw-2799	783	14	)	)	PUNCT
taxlaw-2799	783	15	of	of	ADP
taxlaw-2799	783	16	the	the	DET
taxlaw-2799	783	17	commodity	commodity	NOUN
taxlaw-2799	783	18	exchange	exchange	PROPN
taxlaw-2799	783	19	act	act	PROPN
taxlaw-2799	783	20	,	,	PUNCT
taxlaw-2799	783	21	7	7	NUM
taxlaw-2799	783	22	u.s.c	u.s.c	ADJ
taxlaw-2799	783	23	.	.	PUNCT
taxlaw-2799	784	1	1a	1a	NUM
taxlaw-2799	784	2	)	)	PUNCT
taxlaw-2799	784	3	.	.	PUNCT
taxlaw-2799	785	1	38	38	NUM
taxlaw-2799	785	2	columbia	columbia	PROPN
taxlaw-2799	785	3	jour	jour	PROPN
taxlaw-2799	785	4	al	al	PROPN
taxlaw-2799	785	5	of	of	ADP
taxlaw-2799	785	6	tax	tax	NOUN
taxlaw-2799	785	7	law	law	NOUN
taxlaw-2799	785	8	[	[	X
taxlaw-2799	785	9	vol	vol	NOUN
taxlaw-2799	785	10	.	.	PUNCT
taxlaw-2799	785	11	2:1	2:1	NUM
taxlaw-2799	786	1	the	the	DET
taxlaw-2799	786	2	upfront	upfront	ADJ
taxlaw-2799	786	3	payment	payment	NOUN
taxlaw-2799	786	4	is	be	AUX
taxlaw-2799	786	5	relatively	relatively	ADV
taxlaw-2799	786	6	straightforward	straightforward	ADJ
taxlaw-2799	786	7	,	,	PUNCT
taxlaw-2799	786	8	as	as	ADV
taxlaw-2799	786	9	long	long	ADV
taxlaw-2799	786	10	as	as	SCONJ
taxlaw-2799	786	11	the	the	DET
taxlaw-2799	786	12	parties	party	NOUN
taxlaw-2799	786	13	agree	agree	VERB
taxlaw-2799	786	14	on	on	ADP
taxlaw-2799	786	15	the	the	DET
taxlaw-2799	786	16	appropriate	appropriate	ADJ
taxlaw-2799	786	17	discount	discount	NOUN
taxlaw-2799	786	18	rate	rate	NOUN
taxlaw-2799	786	19	.	.	PUNCT
taxlaw-2799	787	1	as	as	SCONJ
taxlaw-2799	787	2	described	describe	VERB
taxlaw-2799	787	3	above	above	ADV
taxlaw-2799	787	4	,	,	PUNCT
taxlaw-2799	787	5	currently	currently	ADV
taxlaw-2799	787	6	no	no	DET
taxlaw-2799	787	7	clearinghouse	clearinghouse	NOUN
taxlaw-2799	787	8	clearing	clearing	NOUN
taxlaw-2799	787	9	interest	interest	NOUN
taxlaw-2799	787	10	rate	rate	NOUN
taxlaw-2799	787	11	swaps	swap	NOUN
taxlaw-2799	787	12	requires	require	VERB
taxlaw-2799	787	13	standardized	standardized	ADJ
taxlaw-2799	787	14	coupons	coupon	NOUN
taxlaw-2799	787	15	.	.	PUNCT
taxlaw-2799	788	1	even	even	ADV
taxlaw-2799	788	2	if	if	SCONJ
taxlaw-2799	788	3	a	a	DET
taxlaw-2799	788	4	clearinghouse	clearinghouse	NOUN
taxlaw-2799	788	5	does	do	AUX
taxlaw-2799	788	6	not	not	PART
taxlaw-2799	788	7	require	require	VERB
taxlaw-2799	788	8	standardized	standardized	ADJ
taxlaw-2799	788	9	coupons	coupon	NOUN
taxlaw-2799	788	10	,	,	PUNCT
taxlaw-2799	788	11	however	however	ADV
taxlaw-2799	788	12	,	,	PUNCT
taxlaw-2799	788	13	individual	individual	ADJ
taxlaw-2799	788	14	trades	trade	NOUN
taxlaw-2799	788	15	may	may	AUX
taxlaw-2799	788	16	be	be	AUX
taxlaw-2799	788	17	entered	enter	VERB
taxlaw-2799	788	18	into	into	ADP
taxlaw-2799	788	19	off	off	ADP
taxlaw-2799	788	20	-	-	PUNCT
taxlaw-2799	788	21	market	market	NOUN
taxlaw-2799	788	22	for	for	ADP
taxlaw-2799	788	23	hedging	hedging	NOUN
taxlaw-2799	788	24	or	or	CCONJ
taxlaw-2799	788	25	other	other	ADJ
taxlaw-2799	788	26	purposes	purpose	NOUN
taxlaw-2799	788	27	,	,	PUNCT
taxlaw-2799	788	28	or	or	CCONJ
taxlaw-2799	788	29	conceivably	conceivably	ADV
taxlaw-2799	788	30	a	a	DET
taxlaw-2799	788	31	segment	segment	NOUN
taxlaw-2799	788	32	of	of	ADP
taxlaw-2799	788	33	the	the	DET
taxlaw-2799	788	34	market	market	NOUN
taxlaw-2799	788	35	might	might	AUX
taxlaw-2799	788	36	choose	choose	VERB
taxlaw-2799	788	37	regularly	regularly	ADV
taxlaw-2799	788	38	to	to	PART
taxlaw-2799	788	39	enter	enter	VERB
taxlaw-2799	788	40	into	into	ADP
taxlaw-2799	788	41	swaps	swap	NOUN
taxlaw-2799	788	42	with	with	ADP
taxlaw-2799	788	43	standardized	standardized	ADJ
taxlaw-2799	788	44	coupons	coupon	NOUN
taxlaw-2799	788	45	in	in	ADP
taxlaw-2799	788	46	order	order	NOUN
taxlaw-2799	788	47	to	to	PART
taxlaw-2799	788	48	more	more	ADV
taxlaw-2799	788	49	easily	easily	ADV
taxlaw-2799	788	50	net	net	VERB
taxlaw-2799	788	51	their	their	PRON
taxlaw-2799	788	52	outstanding	outstanding	ADJ
taxlaw-2799	788	53	swaps	swap	NOUN
taxlaw-2799	788	54	and	and	CCONJ
taxlaw-2799	788	55	to	to	PART
taxlaw-2799	788	56	reduce	reduce	VERB
taxlaw-2799	788	57	the	the	DET
taxlaw-2799	788	58	costs	cost	NOUN
taxlaw-2799	788	59	of	of	ADP
taxlaw-2799	788	60	maintaining	maintain	VERB
taxlaw-2799	788	61	their	their	PRON
taxlaw-2799	788	62	swap	swap	NOUN
taxlaw-2799	788	63	portfolio	portfolio	NOUN
taxlaw-2799	788	64	.	.	PUNCT
taxlaw-2799	789	1	for	for	ADP
taxlaw-2799	789	2	interest	interest	NOUN
taxlaw-2799	789	3	rate	rate	NOUN
taxlaw-2799	789	4	swaps	swap	NOUN
taxlaw-2799	789	5	,	,	PUNCT
taxlaw-2799	789	6	therefore	therefore	ADV
taxlaw-2799	789	7	,	,	PUNCT
taxlaw-2799	789	8	it	it	PRON
taxlaw-2799	789	9	is	be	AUX
taxlaw-2799	789	10	uncertain	uncertain	ADJ
taxlaw-2799	789	11	how	how	SCONJ
taxlaw-2799	789	12	common	common	ADJ
taxlaw-2799	789	13	it	it	PRON
taxlaw-2799	789	14	will	will	AUX
taxlaw-2799	789	15	be	be	AUX
taxlaw-2799	789	16	for	for	ADP
taxlaw-2799	789	17	cleared	clear	VERB
taxlaw-2799	789	18	swaps	swap	NOUN
taxlaw-2799	789	19	to	to	PART
taxlaw-2799	789	20	be	be	AUX
taxlaw-2799	789	21	entered	enter	VERB
taxlaw-2799	789	22	into	into	ADP
taxlaw-2799	789	23	with	with	ADP
taxlaw-2799	789	24	an	an	DET
taxlaw-2799	789	25	upfront	upfront	ADJ
taxlaw-2799	789	26	payment	payment	NOUN
taxlaw-2799	789	27	but	but	CCONJ
taxlaw-2799	789	28	it	it	PRON
taxlaw-2799	789	29	does	do	AUX
taxlaw-2799	789	30	not	not	PART
taxlaw-2799	789	31	seem	seem	VERB
taxlaw-2799	789	32	to	to	PART
taxlaw-2799	789	33	be	be	AUX
taxlaw-2799	789	34	an	an	DET
taxlaw-2799	789	35	unlikely	unlikely	ADJ
taxlaw-2799	789	36	possibility	possibility	NOUN
taxlaw-2799	789	37	.	.	PUNCT
taxlaw-2799	790	1	as	as	SCONJ
taxlaw-2799	790	2	described	describe	VERB
taxlaw-2799	790	3	earlier	early	ADV
taxlaw-2799	790	4	,	,	PUNCT
taxlaw-2799	790	5	the	the	DET
taxlaw-2799	790	6	cds	cd	NOUN
taxlaw-2799	790	7	market	market	NOUN
taxlaw-2799	790	8	historically	historically	ADV
taxlaw-2799	790	9	traded	trade	VERB
taxlaw-2799	790	10	with	with	ADP
taxlaw-2799	790	11	market	market	NOUN
taxlaw-2799	790	12	-	-	PUNCT
taxlaw-2799	790	13	level	level	NOUN
taxlaw-2799	790	14	coupons	coupon	NOUN
taxlaw-2799	790	15	in	in	ADP
taxlaw-2799	790	16	the	the	DET
taxlaw-2799	790	17	case	case	NOUN
taxlaw-2799	790	18	of	of	ADP
taxlaw-2799	790	19	single	single	ADJ
taxlaw-2799	790	20	-	-	PUNCT
taxlaw-2799	790	21	name	name	NOUN
taxlaw-2799	790	22	cds	cd	NOUN
taxlaw-2799	790	23	,	,	PUNCT
taxlaw-2799	790	24	and	and	CCONJ
taxlaw-2799	790	25	with	with	ADP
taxlaw-2799	790	26	a	a	DET
taxlaw-2799	790	27	fixed	fix	VERB
taxlaw-2799	790	28	coupon	coupon	NOUN
taxlaw-2799	790	29	in	in	ADP
taxlaw-2799	790	30	the	the	DET
taxlaw-2799	790	31	case	case	NOUN
taxlaw-2799	790	32	of	of	ADP
taxlaw-2799	790	33	index	index	NOUN
taxlaw-2799	790	34	cds	cd	NOUN
taxlaw-2799	790	35	.	.	PUNCT
taxlaw-2799	791	1	as	as	ADP
taxlaw-2799	791	2	a	a	DET
taxlaw-2799	791	3	prelude	prelude	NOUN
taxlaw-2799	791	4	to	to	ADP
taxlaw-2799	791	5	the	the	DET
taxlaw-2799	791	6	beginning	beginning	NOUN
taxlaw-2799	791	7	of	of	ADP
taxlaw-2799	791	8	clearing	clearing	NOUN
taxlaw-2799	791	9	of	of	ADP
taxlaw-2799	791	10	cds	cd	NOUN
taxlaw-2799	791	11	in	in	ADP
taxlaw-2799	791	12	the	the	DET
taxlaw-2799	791	13	fall	fall	NOUN
taxlaw-2799	791	14	of	of	ADP
taxlaw-2799	791	15	2009	2009	NUM
taxlaw-2799	791	16	,	,	PUNCT
taxlaw-2799	791	17	it	it	PRON
taxlaw-2799	791	18	was	be	AUX
taxlaw-2799	791	19	necessary	necessary	ADJ
taxlaw-2799	791	20	to	to	PART
taxlaw-2799	791	21	standardize	standardize	VERB
taxlaw-2799	791	22	the	the	DET
taxlaw-2799	791	23	legal	legal	ADJ
taxlaw-2799	791	24	terms	term	NOUN
taxlaw-2799	791	25	of	of	ADP
taxlaw-2799	791	26	cds	cd	NOUN
taxlaw-2799	791	27	.	.	PUNCT
taxlaw-2799	792	1	coupons	coupon	NOUN
taxlaw-2799	792	2	also	also	ADV
taxlaw-2799	792	3	were	be	AUX
taxlaw-2799	792	4	standardized	standardize	VERB
taxlaw-2799	792	5	for	for	ADP
taxlaw-2799	792	6	new	new	ADJ
taxlaw-2799	792	7	cds	cd	NOUN
taxlaw-2799	792	8	,	,	PUNCT
taxlaw-2799	792	9	as	as	ADP
taxlaw-2799	792	10	part	part	NOUN
taxlaw-2799	792	11	of	of	ADP
taxlaw-2799	792	12	the	the	DET
taxlaw-2799	792	13	same	same	ADJ
taxlaw-2799	792	14	process	process	NOUN
taxlaw-2799	792	15	.	.	PUNCT
taxlaw-2799	793	1	because	because	SCONJ
taxlaw-2799	793	2	the	the	DET
taxlaw-2799	793	3	process	process	NOUN
taxlaw-2799	793	4	and	and	CCONJ
taxlaw-2799	793	5	its	its	PRON
taxlaw-2799	793	6	results	result	NOUN
taxlaw-2799	793	7	may	may	AUX
taxlaw-2799	793	8	be	be	AUX
taxlaw-2799	793	9	relevant	relevant	ADJ
taxlaw-2799	793	10	for	for	ADP
taxlaw-2799	793	11	other	other	ADJ
taxlaw-2799	793	12	classes	class	NOUN
taxlaw-2799	793	13	of	of	ADP
taxlaw-2799	793	14	swaps	swap	NOUN
taxlaw-2799	793	15	,	,	PUNCT
taxlaw-2799	793	16	that	that	SCONJ
taxlaw-2799	793	17	transformation	transformation	NOUN
taxlaw-2799	793	18	is	be	AUX
taxlaw-2799	793	19	described	describe	VERB
taxlaw-2799	793	20	below	below	ADP
taxlaw-2799	793	21	in	in	ADP
taxlaw-2799	793	22	more	more	ADJ
taxlaw-2799	793	23	detail	detail	NOUN
taxlaw-2799	793	24	.	.	PUNCT
taxlaw-2799	794	1	2	2	X
taxlaw-2799	794	2	.	.	X
taxlaw-2799	794	3	standardization	standardization	NOUN
taxlaw-2799	794	4	of	of	ADP
taxlaw-2799	794	5	cds	cd	NOUN
taxlaw-2799	794	6	coupons.71	coupons.71	PROPN
taxlaw-2799	794	7	as	as	SCONJ
taxlaw-2799	794	8	discussed	discuss	VERB
taxlaw-2799	794	9	earlier	early	ADV
taxlaw-2799	794	10	,	,	PUNCT
taxlaw-2799	794	11	one	one	NUM
taxlaw-2799	794	12	significant	significant	ADJ
taxlaw-2799	794	13	consequence	consequence	NOUN
taxlaw-2799	794	14	of	of	ADP
taxlaw-2799	794	15	the	the	DET
taxlaw-2799	794	16	move	move	NOUN
taxlaw-2799	794	17	towards	towards	ADP
taxlaw-2799	794	18	the	the	DET
taxlaw-2799	794	19	standardization	standardization	NOUN
taxlaw-2799	794	20	of	of	ADP
taxlaw-2799	794	21	the	the	DET
taxlaw-2799	794	22	terms	term	NOUN
taxlaw-2799	794	23	of	of	ADP
taxlaw-2799	794	24	cds	cd	NOUN
taxlaw-2799	794	25	is	be	AUX
taxlaw-2799	794	26	that	that	SCONJ
taxlaw-2799	794	27	coupon	coupon	NOUN
taxlaw-2799	794	28	payments	payment	NOUN
taxlaw-2799	794	29	for	for	ADP
taxlaw-2799	794	30	cds	cd	NOUN
taxlaw-2799	794	31	are	be	AUX
taxlaw-2799	794	32	now	now	ADV
taxlaw-2799	794	33	either	either	CCONJ
taxlaw-2799	794	34	100	100	NUM
taxlaw-2799	794	35	basis	basis	NOUN
taxlaw-2799	794	36	points	point	NOUN
taxlaw-2799	794	37	or	or	CCONJ
taxlaw-2799	794	38	500	500	NUM
taxlaw-2799	794	39	basis	basis	NOUN
taxlaw-2799	794	40	points	point	NOUN
taxlaw-2799	794	41	multiplied	multiply	VERB
taxlaw-2799	794	42	by	by	ADP
taxlaw-2799	794	43	the	the	DET
taxlaw-2799	794	44	notional	notional	ADJ
taxlaw-2799	794	45	principal	principal	ADJ
taxlaw-2799	794	46	amount.72	amount.72	NOUN
taxlaw-2799	794	47	although	although	SCONJ
taxlaw-2799	794	48	the	the	DET
taxlaw-2799	794	49	standardization	standardization	NOUN
taxlaw-2799	794	50	of	of	ADP
taxlaw-2799	794	51	coupons	coupon	NOUN
taxlaw-2799	794	52	was	be	AUX
taxlaw-2799	794	53	adopted	adopt	VERB
taxlaw-2799	794	54	as	as	ADP
taxlaw-2799	794	55	a	a	DET
taxlaw-2799	794	56	prelude	prelude	NOUN
taxlaw-2799	794	57	to	to	ADP
taxlaw-2799	794	58	clearing	clear	VERB
taxlaw-2799	794	59	cds	cd	NOUN
taxlaw-2799	794	60	through	through	ADP
taxlaw-2799	794	61	a	a	DET
taxlaw-2799	794	62	regulated	regulated	ADJ
taxlaw-2799	794	63	clearinghouse	clearinghouse	NOUN
taxlaw-2799	794	64	,	,	PUNCT
taxlaw-2799	794	65	bilateral	bilateral	ADJ
taxlaw-2799	794	66	cds	cd	NOUN
taxlaw-2799	794	67	in	in	ADP
taxlaw-2799	794	68	the	the	DET
taxlaw-2799	794	69	otc	otc	PROPN
taxlaw-2799	794	70	market	market	NOUN
taxlaw-2799	794	71	also	also	ADV
taxlaw-2799	794	72	now	now	ADV
taxlaw-2799	794	73	use	use	VERB
taxlaw-2799	794	74	these	these	DET
taxlaw-2799	794	75	standardized	standardized	ADJ
taxlaw-2799	794	76	coupons	coupon	NOUN
taxlaw-2799	794	77	.	.	PUNCT
taxlaw-2799	795	1	it	it	PRON
taxlaw-2799	795	2	seems	seem	VERB
taxlaw-2799	795	3	reasonable	reasonable	ADJ
taxlaw-2799	795	4	to	to	PART
taxlaw-2799	795	5	think	think	VERB
taxlaw-2799	795	6	that	that	SCONJ
taxlaw-2799	795	7	this	this	DET
taxlaw-2799	795	8	phenomenon	phenomenon	NOUN
taxlaw-2799	795	9	–	–	PUNCT
taxlaw-2799	795	10	the	the	DET
taxlaw-2799	795	11	adoption	adoption	NOUN
taxlaw-2799	795	12	by	by	ADP
taxlaw-2799	795	13	the	the	DET
taxlaw-2799	795	14	otc	otc	PROPN
taxlaw-2799	795	15	market	market	NOUN
taxlaw-2799	795	16	of	of	ADP
taxlaw-2799	795	17	conventions	convention	NOUN
taxlaw-2799	795	18	used	use	VERB
taxlaw-2799	795	19	for	for	ADP
taxlaw-2799	795	20	cleared	clear	VERB
taxlaw-2799	795	21	swaps	swap	NOUN
taxlaw-2799	795	22	–	–	PUNCT
taxlaw-2799	795	23	will	will	AUX
taxlaw-2799	795	24	recur	recur	VERB
taxlaw-2799	795	25	,	,	PUNCT
taxlaw-2799	795	26	in	in	ADP
taxlaw-2799	795	27	order	order	NOUN
taxlaw-2799	795	28	to	to	PART
taxlaw-2799	795	29	accommodate	accommodate	VERB
taxlaw-2799	795	30	parties	party	NOUN
taxlaw-2799	795	31	transacting	transact	VERB
taxlaw-2799	795	32	in	in	ADP
taxlaw-2799	795	33	both	both	DET
taxlaw-2799	795	34	markets	market	NOUN
taxlaw-2799	795	35	.	.	PUNCT
taxlaw-2799	796	1	this	this	DET
taxlaw-2799	796	2	change	change	NOUN
taxlaw-2799	796	3	to	to	ADP
taxlaw-2799	796	4	the	the	DET
taxlaw-2799	796	5	payment	payment	NOUN
taxlaw-2799	796	6	terms	term	NOUN
taxlaw-2799	796	7	of	of	ADP
taxlaw-2799	796	8	cds	cd	NOUN
taxlaw-2799	796	9	did	do	AUX
taxlaw-2799	796	10	not	not	PART
taxlaw-2799	796	11	affect	affect	VERB
taxlaw-2799	796	12	the	the	DET
taxlaw-2799	796	13	market	market	NOUN
taxlaw-2799	796	14	’s	’s	PART
taxlaw-2799	796	15	perception	perception	NOUN
taxlaw-2799	796	16	of	of	ADP
taxlaw-2799	796	17	the	the	DET
taxlaw-2799	796	18	risk	risk	NOUN
taxlaw-2799	796	19	associated	associate	VERB
taxlaw-2799	796	20	with	with	ADP
taxlaw-2799	796	21	buying	buying	NOUN
taxlaw-2799	796	22	or	or	CCONJ
taxlaw-2799	796	23	writing	write	VERB
taxlaw-2799	796	24	protection	protection	NOUN
taxlaw-2799	796	25	on	on	ADP
taxlaw-2799	796	26	a	a	DET
taxlaw-2799	796	27	particular	particular	ADJ
taxlaw-2799	796	28	reference	reference	NOUN
taxlaw-2799	796	29	entity	entity	NOUN
taxlaw-2799	796	30	.	.	PUNCT
taxlaw-2799	797	1	in	in	ADP
taxlaw-2799	797	2	more	more	ADJ
taxlaw-2799	797	3	technical	technical	ADJ
taxlaw-2799	797	4	terms	term	NOUN
taxlaw-2799	797	5	,	,	PUNCT
taxlaw-2799	797	6	the	the	DET
taxlaw-2799	797	7	market	market	NOUN
taxlaw-2799	797	8	quoted	quote	VERB
taxlaw-2799	797	9	level	level	NOUN
taxlaw-2799	797	10	for	for	ADP
taxlaw-2799	797	11	a	a	DET
taxlaw-2799	797	12	cds	cds	NOUN
taxlaw-2799	797	13	coupon	coupon	NOUN
taxlaw-2799	797	14	was	be	AUX
taxlaw-2799	797	15	not	not	PART
taxlaw-2799	797	16	affected	affect	VERB
taxlaw-2799	797	17	by	by	ADP
taxlaw-2799	797	18	the	the	DET
taxlaw-2799	797	19	standardization	standardization	NOUN
taxlaw-2799	797	20	of	of	ADP
taxlaw-2799	797	21	coupons	coupon	NOUN
taxlaw-2799	797	22	.	.	PUNCT
taxlaw-2799	798	1	as	as	ADP
taxlaw-2799	798	2	a	a	DET
taxlaw-2799	798	3	result	result	NOUN
taxlaw-2799	798	4	,	,	PUNCT
taxlaw-2799	798	5	the	the	DET
taxlaw-2799	798	6	advent	advent	NOUN
taxlaw-2799	798	7	of	of	ADP
taxlaw-2799	798	8	standardized	standardized	ADJ
taxlaw-2799	798	9	coupons	coupon	NOUN
taxlaw-2799	798	10	for	for	ADP
taxlaw-2799	798	11	single	single	ADJ
taxlaw-2799	798	12	-	-	PUNCT
taxlaw-2799	798	13	name	name	NOUN
taxlaw-2799	798	14	cds	cd	NOUN
taxlaw-2799	798	15	also	also	ADV
taxlaw-2799	798	16	brought	bring	VERB
taxlaw-2799	798	17	with	with	ADP
taxlaw-2799	798	18	it	it	PRON
taxlaw-2799	798	19	the	the	DET
taxlaw-2799	798	20	need	need	NOUN
taxlaw-2799	798	21	for	for	ADP
taxlaw-2799	798	22	one	one	NUM
taxlaw-2799	798	23	party	party	NOUN
taxlaw-2799	798	24	to	to	ADP
taxlaw-2799	798	25	the	the	DET
taxlaw-2799	798	26	cds	cd	NOUN
taxlaw-2799	798	27	to	to	PART
taxlaw-2799	798	28	make	make	VERB
taxlaw-2799	798	29	an	an	DET
taxlaw-2799	798	30	upfront	upfront	ADJ
taxlaw-2799	798	31	payment	payment	NOUN
taxlaw-2799	798	32	to	to	PART
taxlaw-2799	798	33	keep	keep	VERB
taxlaw-2799	798	34	the	the	DET
taxlaw-2799	798	35	other	other	ADJ
taxlaw-2799	798	36	party	party	NOUN
taxlaw-2799	798	37	whole	whole	NOUN
taxlaw-2799	798	38	.	.	PUNCT
taxlaw-2799	799	1	to	to	PART
taxlaw-2799	799	2	give	give	VERB
taxlaw-2799	799	3	an	an	DET
taxlaw-2799	799	4	example	example	NOUN
taxlaw-2799	799	5	,	,	PUNCT
taxlaw-2799	799	6	if	if	SCONJ
taxlaw-2799	799	7	the	the	DET
taxlaw-2799	799	8	market	market	NOUN
taxlaw-2799	799	9	quoted	quote	VERB
taxlaw-2799	799	10	level	level	NOUN
taxlaw-2799	799	11	of	of	ADP
taxlaw-2799	799	12	a	a	DET
taxlaw-2799	799	13	particular	particular	ADJ
taxlaw-2799	799	14	cds	cd	NOUN
taxlaw-2799	799	15	was	be	AUX
taxlaw-2799	799	16	175	175	NUM
taxlaw-2799	799	17	basis	basis	NOUN
taxlaw-2799	799	18	points	point	NOUN
taxlaw-2799	799	19	,	,	PUNCT
taxlaw-2799	799	20	and	and	CCONJ
taxlaw-2799	799	21	the	the	DET
taxlaw-2799	799	22	standardized	standardized	ADJ
taxlaw-2799	799	23	coupon	coupon	NOUN
taxlaw-2799	799	24	for	for	ADP
taxlaw-2799	799	25	that	that	DET
taxlaw-2799	799	26	swap	swap	NOUN
taxlaw-2799	799	27	is	be	AUX
taxlaw-2799	799	28	100	100	NUM
taxlaw-2799	799	29	basis	basis	NOUN
taxlaw-2799	799	30	points	point	NOUN
taxlaw-2799	799	31	,	,	PUNCT
taxlaw-2799	799	32	the	the	DET
taxlaw-2799	799	33	party	party	NOUN
taxlaw-2799	799	34	that	that	PRON
taxlaw-2799	799	35	will	will	AUX
taxlaw-2799	799	36	be	be	AUX
taxlaw-2799	799	37	making	make	VERB
taxlaw-2799	799	38	the	the	DET
taxlaw-2799	799	39	below	below	ADP
taxlaw-2799	799	40	-	-	PUNCT
taxlaw-2799	799	41	market	market	NOUN
taxlaw-2799	799	42	coupon	coupon	NOUN
taxlaw-2799	799	43	payments	payment	NOUN
taxlaw-2799	799	44	will	will	AUX
taxlaw-2799	799	45	be	be	AUX
taxlaw-2799	799	46	obligated	obligate	VERB
taxlaw-2799	799	47	to	to	PART
taxlaw-2799	799	48	make	make	VERB
taxlaw-2799	799	49	an	an	DET
taxlaw-2799	799	50	upfront	upfront	ADJ
taxlaw-2799	799	51	71	71	NUM
taxlaw-2799	800	1	i	i	PRON
taxlaw-2799	800	2	am	be	AUX
taxlaw-2799	800	3	indebted	indebted	ADJ
taxlaw-2799	800	4	to	to	PART
taxlaw-2799	800	5	biswarup	biswarup	VERB
taxlaw-2799	800	6	chatterjee	chatterjee	PROPN
taxlaw-2799	800	7	of	of	ADP
taxlaw-2799	800	8	citigroup	citigroup	PROPN
taxlaw-2799	800	9	global	global	ADJ
taxlaw-2799	800	10	markets	market	NOUN
taxlaw-2799	800	11	for	for	ADP
taxlaw-2799	800	12	his	his	PRON
taxlaw-2799	800	13	insights	insight	NOUN
taxlaw-2799	800	14	into	into	ADP
taxlaw-2799	800	15	the	the	DET
taxlaw-2799	800	16	pricing	pricing	NOUN
taxlaw-2799	800	17	of	of	ADP
taxlaw-2799	800	18	cds	cd	NOUN
taxlaw-2799	800	19	and	and	CCONJ
taxlaw-2799	800	20	the	the	DET
taxlaw-2799	800	21	operation	operation	NOUN
taxlaw-2799	800	22	of	of	ADP
taxlaw-2799	800	23	the	the	DET
taxlaw-2799	800	24	converter	converter	NOUN
taxlaw-2799	800	25	described	describe	VERB
taxlaw-2799	800	26	below	below	ADV
taxlaw-2799	800	27	,	,	PUNCT
taxlaw-2799	800	28	for	for	ADP
taxlaw-2799	800	29	the	the	DET
taxlaw-2799	800	30	examples	example	NOUN
taxlaw-2799	800	31	set	set	VERB
taxlaw-2799	800	32	forth	forth	ADV
taxlaw-2799	800	33	below	below	ADV
taxlaw-2799	800	34	,	,	PUNCT
taxlaw-2799	800	35	and	and	CCONJ
taxlaw-2799	800	36	for	for	ADP
taxlaw-2799	800	37	reviewing	review	VERB
taxlaw-2799	800	38	this	this	DET
taxlaw-2799	800	39	section	section	NOUN
taxlaw-2799	800	40	of	of	ADP
taxlaw-2799	800	41	the	the	DET
taxlaw-2799	800	42	article	article	NOUN
taxlaw-2799	800	43	.	.	PUNCT
taxlaw-2799	801	1	any	any	DET
taxlaw-2799	801	2	errors	error	NOUN
taxlaw-2799	801	3	in	in	ADP
taxlaw-2799	801	4	the	the	DET
taxlaw-2799	801	5	discussion	discussion	NOUN
taxlaw-2799	801	6	are	be	AUX
taxlaw-2799	801	7	of	of	ADP
taxlaw-2799	801	8	course	course	NOUN
taxlaw-2799	801	9	mine	mine	NOUN
taxlaw-2799	801	10	.	.	PUNCT
taxlaw-2799	802	1	possibly	possibly	ADV
taxlaw-2799	802	2	it	it	PRON
taxlaw-2799	802	3	would	would	AUX
taxlaw-2799	802	4	help	help	VERB
taxlaw-2799	802	5	if	if	SCONJ
taxlaw-2799	802	6	i	i	PRON
taxlaw-2799	802	7	had	have	AUX
taxlaw-2799	802	8	understood	understand	VERB
taxlaw-2799	802	9	calculus	calculus	NOUN
taxlaw-2799	802	10	.	.	PUNCT
taxlaw-2799	803	1	72	72	NUM
taxlaw-2799	804	1	this	this	PRON
taxlaw-2799	804	2	is	be	AUX
taxlaw-2799	804	3	true	true	ADJ
taxlaw-2799	804	4	for	for	ADP
taxlaw-2799	804	5	north	north	ADJ
taxlaw-2799	804	6	american	american	ADJ
taxlaw-2799	804	7	corporate	corporate	ADJ
taxlaw-2799	804	8	reference	reference	NOUN
taxlaw-2799	804	9	entities	entity	NOUN
taxlaw-2799	804	10	and	and	CCONJ
taxlaw-2799	804	11	for	for	ADP
taxlaw-2799	804	12	emerging	emerge	VERB
taxlaw-2799	804	13	market	market	NOUN
taxlaw-2799	804	14	corporate	corporate	ADJ
taxlaw-2799	804	15	and	and	CCONJ
taxlaw-2799	804	16	sovereign	sovereign	ADJ
taxlaw-2799	804	17	reference	reference	NOUN
taxlaw-2799	804	18	entities	entity	NOUN
taxlaw-2799	804	19	.	.	PUNCT
taxlaw-2799	805	1	there	there	PRON
taxlaw-2799	805	2	are	be	VERB
taxlaw-2799	805	3	more	more	ADJ
taxlaw-2799	805	4	standard	standard	ADJ
taxlaw-2799	805	5	coupon	coupon	NOUN
taxlaw-2799	805	6	levels	level	NOUN
taxlaw-2799	805	7	for	for	ADP
taxlaw-2799	805	8	european	european	ADJ
taxlaw-2799	805	9	reference	reference	NOUN
taxlaw-2799	805	10	entities	entity	NOUN
taxlaw-2799	805	11	.	.	PUNCT
taxlaw-2799	806	1	the	the	DET
taxlaw-2799	806	2	discussion	discussion	NOUN
taxlaw-2799	806	3	in	in	ADP
taxlaw-2799	806	4	this	this	DET
taxlaw-2799	806	5	section	section	NOUN
taxlaw-2799	806	6	ii.c	ii.c	VERB
taxlaw-2799	806	7	assumes	assume	VERB
taxlaw-2799	806	8	that	that	SCONJ
taxlaw-2799	806	9	the	the	DET
taxlaw-2799	806	10	cds	cd	NOUN
taxlaw-2799	806	11	described	describe	VERB
taxlaw-2799	806	12	is	be	AUX
taxlaw-2799	806	13	a	a	DET
taxlaw-2799	806	14	cds	cd	NOUN
taxlaw-2799	806	15	on	on	ADP
taxlaw-2799	806	16	a	a	DET
taxlaw-2799	806	17	single	single	ADJ
taxlaw-2799	806	18	north	north	NOUN
taxlaw-2799	806	19	american	american	ADJ
taxlaw-2799	806	20	corporate	corporate	ADJ
taxlaw-2799	806	21	reference	reference	NOUN
taxlaw-2799	806	22	entity	entity	NOUN
taxlaw-2799	806	23	.	.	PUNCT
taxlaw-2799	807	1	2011	2011	NUM
taxlaw-2799	807	2	]	]	PUNCT
taxlaw-2799	807	3	ew	ew	AUX
taxlaw-2799	807	4	tax	tax	NOUN
taxlaw-2799	807	5	issues	issue	NOUN
taxlaw-2799	807	6	arisi	arisi	VERB
taxlaw-2799	807	7	g	g	PROPN
taxlaw-2799	807	8	from	from	ADP
taxlaw-2799	807	9	the	the	DET
taxlaw-2799	807	10	dodd	dodd	NOUN
taxlaw-2799	807	11	-	-	PUNCT
taxlaw-2799	807	12	fra	fra	PROPN
taxlaw-2799	807	13	k	k	PROPN
taxlaw-2799	807	14	act	act	VERB
taxlaw-2799	807	15	39	39	NUM
taxlaw-2799	807	16	payment	payment	NOUN
taxlaw-2799	807	17	to	to	ADP
taxlaw-2799	807	18	the	the	DET
taxlaw-2799	807	19	other	other	ADJ
taxlaw-2799	807	20	party	party	NOUN
taxlaw-2799	807	21	in	in	ADP
taxlaw-2799	807	22	order	order	NOUN
taxlaw-2799	807	23	to	to	PART
taxlaw-2799	807	24	keep	keep	VERB
taxlaw-2799	807	25	it	it	PRON
taxlaw-2799	807	26	whole	whole	ADJ
taxlaw-2799	807	27	.	.	PUNCT
taxlaw-2799	808	1	(	(	PUNCT
taxlaw-2799	808	2	the	the	DET
taxlaw-2799	808	3	payor	payor	NOUN
taxlaw-2799	808	4	will	will	AUX
taxlaw-2799	808	5	receive	receive	VERB
taxlaw-2799	808	6	back	back	ADP
taxlaw-2799	808	7	an	an	DET
taxlaw-2799	808	8	equivalent	equivalent	ADJ
taxlaw-2799	808	9	amount	amount	NOUN
taxlaw-2799	808	10	as	as	ADP
taxlaw-2799	808	11	collateral	collateral	NOUN
taxlaw-2799	808	12	–	–	PUNCT
taxlaw-2799	808	13	more	more	ADJ
taxlaw-2799	808	14	on	on	ADP
taxlaw-2799	808	15	this	this	DET
taxlaw-2799	808	16	below	below	NOUN
taxlaw-2799	808	17	.	.	PUNCT
taxlaw-2799	808	18	)	)	PUNCT
taxlaw-2799	809	1	upfront	upfront	ADJ
taxlaw-2799	809	2	payments	payment	NOUN
taxlaw-2799	809	3	in	in	ADP
taxlaw-2799	809	4	the	the	DET
taxlaw-2799	809	5	cds	cd	NOUN
taxlaw-2799	809	6	market	market	NOUN
taxlaw-2799	809	7	are	be	AUX
taxlaw-2799	809	8	not	not	PART
taxlaw-2799	809	9	entirely	entirely	ADV
taxlaw-2799	809	10	new	new	ADJ
taxlaw-2799	809	11	.	.	PUNCT
taxlaw-2799	810	1	a	a	DET
taxlaw-2799	810	2	cds	cd	NOUN
taxlaw-2799	810	3	on	on	ADP
taxlaw-2799	810	4	an	an	DET
taxlaw-2799	810	5	index	index	NOUN
taxlaw-2799	810	6	of	of	ADP
taxlaw-2799	810	7	reference	reference	NOUN
taxlaw-2799	810	8	entities	entity	NOUN
taxlaw-2799	810	9	ordinarily	ordinarily	ADV
taxlaw-2799	810	10	fixes	fix	VERB
taxlaw-2799	810	11	a	a	DET
taxlaw-2799	810	12	coupon	coupon	NOUN
taxlaw-2799	810	13	for	for	ADP
taxlaw-2799	810	14	each	each	DET
taxlaw-2799	810	15	series	series	NOUN
taxlaw-2799	810	16	of	of	ADP
taxlaw-2799	810	17	the	the	DET
taxlaw-2799	810	18	index	index	NOUN
taxlaw-2799	810	19	when	when	SCONJ
taxlaw-2799	810	20	the	the	DET
taxlaw-2799	810	21	composition	composition	NOUN
taxlaw-2799	810	22	of	of	ADP
taxlaw-2799	810	23	the	the	DET
taxlaw-2799	810	24	series	series	NOUN
taxlaw-2799	810	25	is	be	AUX
taxlaw-2799	810	26	fixed	fix	VERB
taxlaw-2799	810	27	.	.	PUNCT
taxlaw-2799	811	1	any	any	DET
taxlaw-2799	811	2	trades	trade	NOUN
taxlaw-2799	811	3	entered	enter	VERB
taxlaw-2799	811	4	into	into	ADP
taxlaw-2799	811	5	at	at	ADP
taxlaw-2799	811	6	a	a	DET
taxlaw-2799	811	7	later	later	ADJ
taxlaw-2799	811	8	time	time	NOUN
taxlaw-2799	811	9	on	on	ADP
taxlaw-2799	811	10	that	that	DET
taxlaw-2799	811	11	same	same	ADJ
taxlaw-2799	811	12	series	series	NOUN
taxlaw-2799	811	13	of	of	ADP
taxlaw-2799	811	14	the	the	DET
taxlaw-2799	811	15	index	index	NOUN
taxlaw-2799	811	16	will	will	AUX
taxlaw-2799	811	17	be	be	AUX
taxlaw-2799	811	18	entered	enter	VERB
taxlaw-2799	811	19	into	into	ADP
taxlaw-2799	811	20	with	with	ADP
taxlaw-2799	811	21	the	the	DET
taxlaw-2799	811	22	same	same	ADJ
taxlaw-2799	811	23	coupon	coupon	NOUN
taxlaw-2799	811	24	even	even	ADV
taxlaw-2799	811	25	if	if	SCONJ
taxlaw-2799	811	26	that	that	DET
taxlaw-2799	811	27	coupon	coupon	NOUN
taxlaw-2799	811	28	is	be	AUX
taxlaw-2799	811	29	no	no	ADV
taxlaw-2799	811	30	longer	long	ADV
taxlaw-2799	811	31	at	at	ADP
taxlaw-2799	811	32	market	market	NOUN
taxlaw-2799	811	33	,	,	PUNCT
taxlaw-2799	811	34	in	in	ADP
taxlaw-2799	811	35	which	which	DET
taxlaw-2799	811	36	case	case	NOUN
taxlaw-2799	811	37	one	one	NUM
taxlaw-2799	811	38	party	party	NOUN
taxlaw-2799	811	39	will	will	AUX
taxlaw-2799	811	40	need	need	VERB
taxlaw-2799	811	41	to	to	PART
taxlaw-2799	811	42	compensate	compensate	VERB
taxlaw-2799	811	43	the	the	DET
taxlaw-2799	811	44	other	other	ADJ
taxlaw-2799	811	45	through	through	ADP
taxlaw-2799	811	46	an	an	DET
taxlaw-2799	811	47	upfront	upfront	ADJ
taxlaw-2799	811	48	payment.73	payment.73	NOUN
taxlaw-2799	811	49	since	since	SCONJ
taxlaw-2799	811	50	most	most	ADJ
taxlaw-2799	811	51	indices	index	NOUN
taxlaw-2799	811	52	create	create	VERB
taxlaw-2799	811	53	a	a	DET
taxlaw-2799	811	54	new	new	ADJ
taxlaw-2799	811	55	series	series	NOUN
taxlaw-2799	811	56	semi	semi	ADJ
taxlaw-2799	811	57	-	-	ADV
taxlaw-2799	811	58	annually	annually	ADV
taxlaw-2799	811	59	,	,	PUNCT
taxlaw-2799	811	60	and	and	CCONJ
taxlaw-2799	811	61	since	since	SCONJ
taxlaw-2799	811	62	the	the	DET
taxlaw-2799	811	63	market	market	NOUN
taxlaw-2799	811	64	tends	tend	VERB
taxlaw-2799	811	65	to	to	PART
taxlaw-2799	811	66	prefer	prefer	VERB
taxlaw-2799	811	67	the	the	DET
taxlaw-2799	811	68	“	"	PUNCT
taxlaw-2799	811	69	on	on	ADP
taxlaw-2799	811	70	the	the	DET
taxlaw-2799	811	71	run	run	NOUN
taxlaw-2799	811	72	”	"	PUNCT
taxlaw-2799	811	73	series	series	NOUN
taxlaw-2799	811	74	,	,	PUNCT
taxlaw-2799	811	75	it	it	PRON
taxlaw-2799	811	76	seems	seem	VERB
taxlaw-2799	811	77	likely	likely	ADJ
taxlaw-2799	811	78	that	that	SCONJ
taxlaw-2799	811	79	upfront	upfront	ADJ
taxlaw-2799	811	80	payments	payment	NOUN
taxlaw-2799	811	81	were	be	AUX
taxlaw-2799	811	82	smaller	small	ADJ
taxlaw-2799	811	83	for	for	ADP
taxlaw-2799	811	84	index	index	NOUN
taxlaw-2799	811	85	cds	cd	NOUN
taxlaw-2799	811	86	than	than	SCONJ
taxlaw-2799	811	87	is	be	AUX
taxlaw-2799	811	88	now	now	ADV
taxlaw-2799	811	89	the	the	DET
taxlaw-2799	811	90	case	case	NOUN
taxlaw-2799	811	91	for	for	ADP
taxlaw-2799	811	92	single	single	ADJ
taxlaw-2799	811	93	-	-	PUNCT
taxlaw-2799	811	94	name	name	NOUN
taxlaw-2799	811	95	cds	cd	NOUN
taxlaw-2799	811	96	,	,	PUNCT
taxlaw-2799	811	97	although	although	SCONJ
taxlaw-2799	811	98	there	there	PRON
taxlaw-2799	811	99	is	be	VERB
taxlaw-2799	811	100	no	no	DET
taxlaw-2799	811	101	information	information	NOUN
taxlaw-2799	811	102	publicly	publicly	ADV
taxlaw-2799	811	103	available	available	ADJ
taxlaw-2799	811	104	to	to	PART
taxlaw-2799	811	105	confirm	confirm	VERB
taxlaw-2799	811	106	this	this	DET
taxlaw-2799	811	107	point	point	NOUN
taxlaw-2799	811	108	.	.	PUNCT
taxlaw-2799	812	1	unlike	unlike	ADP
taxlaw-2799	812	2	interest	interest	NOUN
taxlaw-2799	812	3	rate	rate	NOUN
taxlaw-2799	812	4	swaps	swap	NOUN
taxlaw-2799	812	5	,	,	PUNCT
taxlaw-2799	812	6	the	the	DET
taxlaw-2799	812	7	determination	determination	NOUN
taxlaw-2799	812	8	of	of	ADP
taxlaw-2799	812	9	an	an	DET
taxlaw-2799	812	10	upfront	upfront	ADJ
taxlaw-2799	812	11	payment	payment	NOUN
taxlaw-2799	812	12	on	on	ADP
taxlaw-2799	812	13	a	a	DET
taxlaw-2799	812	14	standard	standard	ADJ
taxlaw-2799	812	15	coupon	coupon	NOUN
taxlaw-2799	812	16	cds	cd	NOUN
taxlaw-2799	812	17	is	be	AUX
taxlaw-2799	812	18	quite	quite	ADV
taxlaw-2799	812	19	complex	complex	ADJ
taxlaw-2799	812	20	.	.	PUNCT
taxlaw-2799	813	1	it	it	PRON
taxlaw-2799	813	2	is	be	AUX
taxlaw-2799	813	3	helpful	helpful	ADJ
taxlaw-2799	813	4	in	in	ADP
taxlaw-2799	813	5	understanding	understand	VERB
taxlaw-2799	813	6	the	the	DET
taxlaw-2799	813	7	calculation	calculation	NOUN
taxlaw-2799	813	8	of	of	ADP
taxlaw-2799	813	9	upfront	upfront	ADJ
taxlaw-2799	813	10	payments	payment	NOUN
taxlaw-2799	813	11	on	on	ADP
taxlaw-2799	813	12	standard	standard	ADJ
taxlaw-2799	813	13	coupon	coupon	NOUN
taxlaw-2799	813	14	cds	cd	NOUN
taxlaw-2799	813	15	to	to	PART
taxlaw-2799	813	16	start	start	VERB
taxlaw-2799	813	17	by	by	ADP
taxlaw-2799	813	18	discussing	discuss	VERB
taxlaw-2799	813	19	the	the	DET
taxlaw-2799	813	20	pricing	pricing	NOUN
taxlaw-2799	813	21	of	of	ADP
taxlaw-2799	813	22	pre	pre	ADJ
taxlaw-2799	813	23	-	-	ADJ
taxlaw-2799	813	24	standardized	standardized	ADJ
taxlaw-2799	813	25	cds	cd	NOUN
taxlaw-2799	813	26	,	,	PUNCT
taxlaw-2799	813	27	since	since	SCONJ
taxlaw-2799	813	28	upfront	upfront	ADJ
taxlaw-2799	813	29	payments	payment	NOUN
taxlaw-2799	813	30	are	be	AUX
taxlaw-2799	813	31	determined	determine	VERB
taxlaw-2799	813	32	by	by	ADP
taxlaw-2799	813	33	“	"	PUNCT
taxlaw-2799	813	34	converting	convert	VERB
taxlaw-2799	813	35	”	"	PUNCT
taxlaw-2799	813	36	the	the	DET
taxlaw-2799	813	37	difference	difference	NOUN
taxlaw-2799	813	38	between	between	ADP
taxlaw-2799	813	39	standard	standard	ADJ
taxlaw-2799	813	40	coupons	coupon	NOUN
taxlaw-2799	813	41	and	and	CCONJ
taxlaw-2799	813	42	market	market	NOUN
taxlaw-2799	813	43	-	-	PUNCT
taxlaw-2799	813	44	level	level	NOUN
taxlaw-2799	813	45	coupons	coupon	NOUN
taxlaw-2799	813	46	into	into	ADP
taxlaw-2799	813	47	a	a	DET
taxlaw-2799	813	48	single	single	ADJ
taxlaw-2799	813	49	lump	lump	NOUN
taxlaw-2799	813	50	sum	sum	NOUN
taxlaw-2799	813	51	payment	payment	NOUN
taxlaw-2799	813	52	.	.	PUNCT
taxlaw-2799	814	1	(	(	PUNCT
taxlaw-2799	814	2	a	a	X
taxlaw-2799	814	3	)	)	PUNCT
taxlaw-2799	814	4	coupons	coupon	NOUN
taxlaw-2799	814	5	on	on	ADP
taxlaw-2799	814	6	pre	pre	ADJ
taxlaw-2799	814	7	-	-	ADJ
taxlaw-2799	814	8	standardized	standardized	ADJ
taxlaw-2799	814	9	cds	cd	NOUN
taxlaw-2799	814	10	.	.	PUNCT
taxlaw-2799	815	1	the	the	DET
taxlaw-2799	815	2	coupon	coupon	NOUN
taxlaw-2799	815	3	level	level	NOUN
taxlaw-2799	815	4	for	for	ADP
taxlaw-2799	815	5	a	a	DET
taxlaw-2799	815	6	pre	pre	ADJ
taxlaw-2799	815	7	-	-	ADJ
taxlaw-2799	815	8	standardized	standardized	ADJ
taxlaw-2799	815	9	cds	cd	NOUN
taxlaw-2799	815	10	was	be	AUX
taxlaw-2799	815	11	struck	strike	VERB
taxlaw-2799	815	12	at	at	ADP
taxlaw-2799	815	13	the	the	DET
taxlaw-2799	815	14	market	market	NOUN
taxlaw-2799	815	15	quoted	quote	VERB
taxlaw-2799	815	16	level	level	NOUN
taxlaw-2799	815	17	,	,	PUNCT
taxlaw-2799	815	18	determined	determine	VERB
taxlaw-2799	815	19	in	in	ADP
taxlaw-2799	815	20	a	a	DET
taxlaw-2799	815	21	manner	manner	NOUN
taxlaw-2799	815	22	similar	similar	ADJ
taxlaw-2799	815	23	to	to	ADP
taxlaw-2799	815	24	determining	determine	VERB
taxlaw-2799	815	25	the	the	DET
taxlaw-2799	815	26	yield	yield	NOUN
taxlaw-2799	815	27	at	at	ADP
taxlaw-2799	815	28	which	which	PRON
taxlaw-2799	815	29	a	a	DET
taxlaw-2799	815	30	bond	bond	NOUN
taxlaw-2799	815	31	trades	trade	VERB
taxlaw-2799	815	32	.	.	PUNCT
taxlaw-2799	816	1	a	a	DET
taxlaw-2799	816	2	bond	bond	NOUN
taxlaw-2799	816	3	at	at	ADP
taxlaw-2799	816	4	issuance	issuance	NOUN
taxlaw-2799	816	5	might	might	AUX
taxlaw-2799	816	6	have	have	VERB
taxlaw-2799	816	7	a	a	DET
taxlaw-2799	816	8	coupon	coupon	NOUN
taxlaw-2799	816	9	of	of	ADP
taxlaw-2799	816	10	6	6	NUM
taxlaw-2799	816	11	percent	percent	NOUN
taxlaw-2799	816	12	,	,	PUNCT
taxlaw-2799	816	13	for	for	ADP
taxlaw-2799	816	14	example	example	NOUN
taxlaw-2799	816	15	,	,	PUNCT
taxlaw-2799	816	16	in	in	ADP
taxlaw-2799	816	17	which	which	DET
taxlaw-2799	816	18	case	case	NOUN
taxlaw-2799	816	19	one	one	PRON
taxlaw-2799	816	20	would	would	AUX
taxlaw-2799	816	21	expect	expect	VERB
taxlaw-2799	816	22	the	the	DET
taxlaw-2799	816	23	coupon	coupon	NOUN
taxlaw-2799	816	24	level	level	NOUN
taxlaw-2799	816	25	for	for	ADP
taxlaw-2799	816	26	a	a	DET
taxlaw-2799	816	27	cds	cd	NOUN
taxlaw-2799	816	28	on	on	ADP
taxlaw-2799	816	29	that	that	DET
taxlaw-2799	816	30	bond	bond	NOUN
taxlaw-2799	816	31	to	to	PART
taxlaw-2799	816	32	reflect	reflect	VERB
taxlaw-2799	816	33	the	the	DET
taxlaw-2799	816	34	credit	credit	NOUN
taxlaw-2799	816	35	spread	spread	VERB
taxlaw-2799	816	36	on	on	ADP
taxlaw-2799	816	37	the	the	DET
taxlaw-2799	816	38	bond	bond	NOUN
taxlaw-2799	816	39	,	,	PUNCT
taxlaw-2799	816	40	say	say	VERB
taxlaw-2799	816	41	4	4	NUM
taxlaw-2799	816	42	percent	percent	NOUN
taxlaw-2799	816	43	(	(	PUNCT
taxlaw-2799	816	44	400	400	NUM
taxlaw-2799	816	45	basis	basis	NOUN
taxlaw-2799	816	46	points	point	NOUN
taxlaw-2799	816	47	)	)	PUNCT
taxlaw-2799	816	48	.	.	PUNCT
taxlaw-2799	817	1	if	if	SCONJ
taxlaw-2799	817	2	the	the	DET
taxlaw-2799	817	3	issuer	issuer	NOUN
taxlaw-2799	817	4	’s	’s	PART
taxlaw-2799	817	5	financial	financial	ADJ
taxlaw-2799	817	6	condition	condition	NOUN
taxlaw-2799	817	7	weakened	weaken	VERB
taxlaw-2799	817	8	,	,	PUNCT
taxlaw-2799	817	9	the	the	DET
taxlaw-2799	817	10	bond	bond	NOUN
taxlaw-2799	817	11	would	would	AUX
taxlaw-2799	817	12	trade	trade	VERB
taxlaw-2799	817	13	at	at	ADP
taxlaw-2799	817	14	a	a	DET
taxlaw-2799	817	15	discount	discount	NOUN
taxlaw-2799	817	16	,	,	PUNCT
taxlaw-2799	817	17	i.e.	i.e.	X
taxlaw-2799	817	18	,	,	PUNCT
taxlaw-2799	817	19	with	with	ADP
taxlaw-2799	817	20	a	a	DET
taxlaw-2799	817	21	yield	yield	NOUN
taxlaw-2799	817	22	greater	great	ADJ
taxlaw-2799	817	23	than	than	ADP
taxlaw-2799	817	24	6	6	NUM
taxlaw-2799	817	25	percent	percent	NOUN
taxlaw-2799	817	26	,	,	PUNCT
taxlaw-2799	817	27	and	and	CCONJ
taxlaw-2799	817	28	a	a	DET
taxlaw-2799	817	29	new	new	ADJ
taxlaw-2799	817	30	cds	cd	NOUN
taxlaw-2799	817	31	entered	enter	VERB
taxlaw-2799	817	32	into	into	ADP
taxlaw-2799	817	33	at	at	ADP
taxlaw-2799	817	34	that	that	DET
taxlaw-2799	817	35	time	time	NOUN
taxlaw-2799	817	36	would	would	AUX
taxlaw-2799	817	37	have	have	VERB
taxlaw-2799	817	38	a	a	DET
taxlaw-2799	817	39	higher	high	ADJ
taxlaw-2799	817	40	coupon	coupon	NOUN
taxlaw-2799	817	41	;	;	PUNCT
taxlaw-2799	817	42	the	the	DET
taxlaw-2799	817	43	reverse	reverse	NOUN
taxlaw-2799	817	44	would	would	AUX
taxlaw-2799	817	45	be	be	AUX
taxlaw-2799	817	46	true	true	ADJ
taxlaw-2799	817	47	if	if	SCONJ
taxlaw-2799	817	48	the	the	DET
taxlaw-2799	817	49	issuer	issuer	NOUN
taxlaw-2799	817	50	’s	’s	PART
taxlaw-2799	817	51	financial	financial	ADJ
taxlaw-2799	817	52	condition	condition	NOUN
taxlaw-2799	817	53	improved	improve	VERB
taxlaw-2799	817	54	.	.	PUNCT
taxlaw-2799	818	1	consequently	consequently	ADV
taxlaw-2799	818	2	,	,	PUNCT
taxlaw-2799	818	3	a	a	DET
taxlaw-2799	818	4	cds	cd	NOUN
taxlaw-2799	818	5	entered	enter	VERB
taxlaw-2799	818	6	into	into	ADP
taxlaw-2799	818	7	on	on	ADP
taxlaw-2799	818	8	any	any	DET
taxlaw-2799	818	9	given	give	VERB
taxlaw-2799	818	10	day	day	NOUN
taxlaw-2799	818	11	on	on	ADP
taxlaw-2799	818	12	a	a	DET
taxlaw-2799	818	13	particular	particular	ADJ
taxlaw-2799	818	14	reference	reference	NOUN
taxlaw-2799	818	15	entity	entity	NOUN
taxlaw-2799	818	16	could	could	AUX
taxlaw-2799	818	17	and	and	CCONJ
taxlaw-2799	818	18	often	often	ADV
taxlaw-2799	818	19	did	do	AUX
taxlaw-2799	818	20	have	have	VERB
taxlaw-2799	818	21	a	a	DET
taxlaw-2799	818	22	coupon	coupon	NOUN
taxlaw-2799	818	23	different	different	ADJ
taxlaw-2799	818	24	from	from	ADP
taxlaw-2799	818	25	a	a	DET
taxlaw-2799	818	26	cds	cd	NOUN
taxlaw-2799	818	27	on	on	ADP
taxlaw-2799	818	28	the	the	DET
taxlaw-2799	818	29	same	same	ADJ
taxlaw-2799	818	30	reference	reference	NOUN
taxlaw-2799	818	31	entity	entity	NOUN
taxlaw-2799	818	32	on	on	ADP
taxlaw-2799	818	33	any	any	DET
taxlaw-2799	818	34	other	other	ADJ
taxlaw-2799	818	35	day	day	NOUN
taxlaw-2799	818	36	.	.	PUNCT
taxlaw-2799	819	1	other	other	ADJ
taxlaw-2799	819	2	terms	term	NOUN
taxlaw-2799	819	3	of	of	ADP
taxlaw-2799	819	4	the	the	DET
taxlaw-2799	819	5	cds	cd	NOUN
taxlaw-2799	819	6	,	,	PUNCT
taxlaw-2799	819	7	for	for	ADP
taxlaw-2799	819	8	example	example	NOUN
taxlaw-2799	819	9	maturity	maturity	NOUN
taxlaw-2799	819	10	date	date	NOUN
taxlaw-2799	819	11	,	,	PUNCT
taxlaw-2799	819	12	also	also	ADV
taxlaw-2799	819	13	could	could	AUX
taxlaw-2799	819	14	differ	differ	VERB
taxlaw-2799	819	15	.	.	PUNCT
taxlaw-2799	820	1	as	as	SCONJ
taxlaw-2799	820	2	described	describe	VERB
taxlaw-2799	820	3	earlier	early	ADV
taxlaw-2799	820	4	,	,	PUNCT
taxlaw-2799	820	5	the	the	DET
taxlaw-2799	820	6	coupons	coupon	NOUN
taxlaw-2799	820	7	would	would	AUX
taxlaw-2799	820	8	be	be	AUX
taxlaw-2799	820	9	paid	pay	VERB
taxlaw-2799	820	10	over	over	ADP
taxlaw-2799	820	11	the	the	DET
taxlaw-2799	820	12	life	life	NOUN
taxlaw-2799	820	13	of	of	ADP
taxlaw-2799	820	14	the	the	DET
taxlaw-2799	820	15	trade	trade	NOUN
taxlaw-2799	820	16	,	,	PUNCT
taxlaw-2799	820	17	or	or	CCONJ
taxlaw-2799	820	18	until	until	ADP
taxlaw-2799	820	19	the	the	DET
taxlaw-2799	820	20	date	date	NOUN
taxlaw-2799	820	21	of	of	ADP
taxlaw-2799	820	22	a	a	DET
taxlaw-2799	820	23	credit	credit	NOUN
taxlaw-2799	820	24	event	event	NOUN
taxlaw-2799	820	25	,	,	PUNCT
taxlaw-2799	820	26	if	if	SCONJ
taxlaw-2799	820	27	any	any	PRON
taxlaw-2799	820	28	.	.	PUNCT
taxlaw-2799	821	1	on	on	ADP
taxlaw-2799	821	2	a	a	DET
taxlaw-2799	821	3	daily	daily	ADJ
taxlaw-2799	821	4	basis	basis	NOUN
taxlaw-2799	821	5	,	,	PUNCT
taxlaw-2799	821	6	at	at	ADP
taxlaw-2799	821	7	least	least	ADV
taxlaw-2799	821	8	one	one	NUM
taxlaw-2799	821	9	party	party	NOUN
taxlaw-2799	821	10	to	to	ADP
taxlaw-2799	821	11	the	the	DET
taxlaw-2799	821	12	trade	trade	NOUN
taxlaw-2799	821	13	(	(	PUNCT
taxlaw-2799	821	14	the	the	DET
taxlaw-2799	821	15	dealer	dealer	NOUN
taxlaw-2799	821	16	)	)	PUNCT
taxlaw-2799	821	17	would	would	AUX
taxlaw-2799	821	18	mark	mark	VERB
taxlaw-2799	821	19	the	the	DET
taxlaw-2799	821	20	cds	cd	NOUN
taxlaw-2799	821	21	to	to	PART
taxlaw-2799	821	22	market	market	VERB
taxlaw-2799	821	23	by	by	ADP
taxlaw-2799	821	24	reference	reference	NOUN
taxlaw-2799	821	25	to	to	ADP
taxlaw-2799	821	26	the	the	DET
taxlaw-2799	821	27	present	present	ADJ
taxlaw-2799	821	28	value	value	NOUN
taxlaw-2799	821	29	of	of	ADP
taxlaw-2799	821	30	the	the	DET
taxlaw-2799	821	31	difference	difference	NOUN
taxlaw-2799	821	32	between	between	ADP
taxlaw-2799	821	33	the	the	DET
taxlaw-2799	821	34	original	original	ADJ
taxlaw-2799	821	35	coupon	coupon	NOUN
taxlaw-2799	821	36	and	and	CCONJ
taxlaw-2799	821	37	the	the	DET
taxlaw-2799	821	38	now	now	ADV
taxlaw-2799	821	39	-	-	PUNCT
taxlaw-2799	821	40	current	current	ADJ
taxlaw-2799	821	41	market	market	NOUN
taxlaw-2799	821	42	level	level	NOUN
taxlaw-2799	821	43	on	on	ADP
taxlaw-2799	821	44	which	which	PRON
taxlaw-2799	821	45	the	the	DET
taxlaw-2799	821	46	same	same	ADJ
taxlaw-2799	821	47	cds	cd	NOUN
taxlaw-2799	821	48	could	could	AUX
taxlaw-2799	821	49	be	be	AUX
taxlaw-2799	821	50	executed	execute	VERB
taxlaw-2799	821	51	.	.	PUNCT
taxlaw-2799	822	1	again	again	ADV
taxlaw-2799	822	2	,	,	PUNCT
taxlaw-2799	822	3	this	this	DET
taxlaw-2799	822	4	mark	mark	NOUN
taxlaw-2799	822	5	-	-	PUNCT
taxlaw-2799	822	6	to	to	ADP
taxlaw-2799	822	7	-	-	PUNCT
taxlaw-2799	822	8	market	market	NOUN
taxlaw-2799	822	9	valuation	valuation	NOUN
taxlaw-2799	822	10	was	be	AUX
taxlaw-2799	822	11	similar	similar	ADJ
taxlaw-2799	822	12	to	to	ADP
taxlaw-2799	822	13	determining	determine	VERB
taxlaw-2799	822	14	the	the	DET
taxlaw-2799	822	15	current	current	ADJ
taxlaw-2799	822	16	73	73	NUM
taxlaw-2799	822	17	an	an	DET
taxlaw-2799	822	18	example	example	NOUN
taxlaw-2799	822	19	of	of	ADP
taxlaw-2799	822	20	such	such	DET
taxlaw-2799	822	21	an	an	DET
taxlaw-2799	822	22	index	index	NOUN
taxlaw-2799	822	23	is	be	AUX
taxlaw-2799	822	24	the	the	DET
taxlaw-2799	822	25	cdx.na.ig	cdx.na.ig	ADJ
taxlaw-2799	822	26	,	,	PUNCT
taxlaw-2799	822	27	which	which	PRON
taxlaw-2799	822	28	is	be	AUX
taxlaw-2799	822	29	an	an	DET
taxlaw-2799	822	30	index	index	NOUN
taxlaw-2799	822	31	of	of	ADP
taxlaw-2799	822	32	125	125	NUM
taxlaw-2799	822	33	north	north	ADJ
taxlaw-2799	822	34	american	american	ADJ
taxlaw-2799	822	35	investment	investment	NOUN
taxlaw-2799	822	36	grade	grade	NOUN
taxlaw-2799	822	37	issuers	issuer	NOUN
taxlaw-2799	822	38	.	.	PUNCT
taxlaw-2799	823	1	information	information	NOUN
taxlaw-2799	823	2	about	about	ADP
taxlaw-2799	823	3	this	this	DET
taxlaw-2799	823	4	index	index	NOUN
taxlaw-2799	823	5	is	be	AUX
taxlaw-2799	823	6	available	available	ADJ
taxlaw-2799	823	7	through	through	ADP
taxlaw-2799	823	8	markit	markit	NOUN
taxlaw-2799	823	9	.	.	PUNCT
taxlaw-2799	824	1	see	see	VERB
taxlaw-2799	824	2	markit	markit	NOUN
taxlaw-2799	824	3	indices	index	NOUN
taxlaw-2799	824	4	,	,	PUNCT
taxlaw-2799	824	5	http://indices.markit.com/default.asp	http://indices.markit.com/default.asp	NOUN
taxlaw-2799	824	6	(	(	PUNCT
taxlaw-2799	824	7	last	last	ADV
taxlaw-2799	824	8	visited	visit	VERB
taxlaw-2799	824	9	dec	dec	PROPN
taxlaw-2799	824	10	.	.	PROPN
taxlaw-2799	824	11	31	31	NUM
taxlaw-2799	824	12	,	,	PUNCT
taxlaw-2799	824	13	2010	2010	NUM
taxlaw-2799	824	14	)	)	PUNCT
taxlaw-2799	824	15	.	.	PUNCT
taxlaw-2799	825	1	in	in	ADP
taxlaw-2799	825	2	the	the	DET
taxlaw-2799	825	3	case	case	NOUN
taxlaw-2799	825	4	of	of	ADP
taxlaw-2799	825	5	cds	cd	NOUN
taxlaw-2799	825	6	on	on	ADP
taxlaw-2799	825	7	an	an	DET
taxlaw-2799	825	8	index	index	NOUN
taxlaw-2799	825	9	of	of	ADP
taxlaw-2799	825	10	reference	reference	NOUN
taxlaw-2799	825	11	entities	entity	NOUN
taxlaw-2799	825	12	,	,	PUNCT
taxlaw-2799	825	13	typically	typically	ADV
taxlaw-2799	825	14	the	the	DET
taxlaw-2799	825	15	index	index	NOUN
taxlaw-2799	825	16	is	be	AUX
taxlaw-2799	825	17	reformulated	reformulate	VERB
taxlaw-2799	825	18	every	every	DET
taxlaw-2799	825	19	6	6	NUM
taxlaw-2799	825	20	months	month	NOUN
taxlaw-2799	825	21	to	to	PART
taxlaw-2799	825	22	adjust	adjust	VERB
taxlaw-2799	825	23	the	the	DET
taxlaw-2799	825	24	relative	relative	ADJ
taxlaw-2799	825	25	weightings	weighting	NOUN
taxlaw-2799	825	26	of	of	ADP
taxlaw-2799	825	27	the	the	DET
taxlaw-2799	825	28	index	index	NOUN
taxlaw-2799	825	29	names	name	NOUN
taxlaw-2799	825	30	and/or	and/or	CCONJ
taxlaw-2799	825	31	to	to	PART
taxlaw-2799	825	32	add	add	VERB
taxlaw-2799	825	33	or	or	CCONJ
taxlaw-2799	825	34	subtract	subtract	VERB
taxlaw-2799	825	35	reference	reference	NOUN
taxlaw-2799	825	36	entities	entity	NOUN
taxlaw-2799	825	37	so	so	SCONJ
taxlaw-2799	825	38	that	that	SCONJ
taxlaw-2799	825	39	the	the	DET
taxlaw-2799	825	40	index	index	NOUN
taxlaw-2799	825	41	continues	continue	VERB
taxlaw-2799	825	42	to	to	PART
taxlaw-2799	825	43	reflect	reflect	VERB
taxlaw-2799	825	44	the	the	DET
taxlaw-2799	825	45	relevant	relevant	ADJ
taxlaw-2799	825	46	segment	segment	NOUN
taxlaw-2799	825	47	of	of	ADP
taxlaw-2799	825	48	the	the	DET
taxlaw-2799	825	49	fixed	fix	VERB
taxlaw-2799	825	50	income	income	NOUN
taxlaw-2799	825	51	market	market	NOUN
taxlaw-2799	825	52	—	—	PUNCT
taxlaw-2799	825	53	much	much	ADV
taxlaw-2799	825	54	like	like	ADP
taxlaw-2799	825	55	the	the	DET
taxlaw-2799	825	56	process	process	NOUN
taxlaw-2799	825	57	followed	follow	VERB
taxlaw-2799	825	58	for	for	ADP
taxlaw-2799	825	59	rebalancing	rebalancing	NOUN
taxlaw-2799	825	60	and	and	CCONJ
taxlaw-2799	825	61	reconstituting	reconstitute	VERB
taxlaw-2799	825	62	standard	standard	ADJ
taxlaw-2799	825	63	equity	equity	NOUN
taxlaw-2799	825	64	indices	index	NOUN
taxlaw-2799	825	65	.	.	PUNCT
taxlaw-2799	826	1	each	each	DET
taxlaw-2799	826	2	reformulation	reformulation	NOUN
taxlaw-2799	826	3	is	be	AUX
taxlaw-2799	826	4	a	a	DET
taxlaw-2799	826	5	new	new	ADJ
taxlaw-2799	826	6	“	"	PUNCT
taxlaw-2799	826	7	series	series	NOUN
taxlaw-2799	826	8	”	"	PUNCT
taxlaw-2799	826	9	of	of	ADP
taxlaw-2799	826	10	the	the	DET
taxlaw-2799	826	11	index	index	NOUN
taxlaw-2799	826	12	.	.	PUNCT
taxlaw-2799	827	1	cds	cd	NOUN
taxlaw-2799	827	2	trades	trade	VERB
taxlaw-2799	827	3	on	on	ADP
taxlaw-2799	827	4	the	the	DET
taxlaw-2799	827	5	index	index	NOUN
taxlaw-2799	827	6	may	may	AUX
taxlaw-2799	827	7	reference	reference	VERB
taxlaw-2799	827	8	any	any	DET
taxlaw-2799	827	9	series	series	NOUN
taxlaw-2799	827	10	created	create	VERB
taxlaw-2799	827	11	to	to	ADP
taxlaw-2799	827	12	that	that	DET
taxlaw-2799	827	13	point	point	NOUN
taxlaw-2799	827	14	,	,	PUNCT
taxlaw-2799	827	15	although	although	SCONJ
taxlaw-2799	827	16	more	more	ADV
taxlaw-2799	827	17	typically	typically	ADV
taxlaw-2799	827	18	they	they	PRON
taxlaw-2799	827	19	reference	reference	VERB
taxlaw-2799	827	20	the	the	DET
taxlaw-2799	827	21	most	most	ADV
taxlaw-2799	827	22	recent	recent	ADJ
taxlaw-2799	827	23	series	series	NOUN
taxlaw-2799	827	24	.	.	PUNCT
taxlaw-2799	828	1	40	40	NUM
taxlaw-2799	828	2	columbia	columbia	PROPN
taxlaw-2799	828	3	jour	jour	PROPN
taxlaw-2799	828	4	al	al	PROPN
taxlaw-2799	828	5	of	of	ADP
taxlaw-2799	828	6	tax	tax	NOUN
taxlaw-2799	828	7	law	law	NOUN
taxlaw-2799	829	1	[	[	X
taxlaw-2799	829	2	vol	vol	NOUN
taxlaw-2799	829	3	.	.	NOUN
taxlaw-2799	829	4	2:1	2:1	NUM
taxlaw-2799	829	5	price	price	NOUN
taxlaw-2799	829	6	for	for	ADP
taxlaw-2799	829	7	a	a	DET
taxlaw-2799	829	8	bond	bond	NOUN
taxlaw-2799	829	9	by	by	ADP
taxlaw-2799	829	10	discounting	discount	VERB
taxlaw-2799	829	11	the	the	DET
taxlaw-2799	829	12	cash	cash	NOUN
taxlaw-2799	829	13	flows	flow	NOUN
taxlaw-2799	829	14	on	on	ADP
taxlaw-2799	829	15	the	the	DET
taxlaw-2799	829	16	bond	bond	NOUN
taxlaw-2799	829	17	by	by	ADP
taxlaw-2799	829	18	current	current	ADJ
taxlaw-2799	829	19	interest	interest	NOUN
taxlaw-2799	829	20	rates	rate	NOUN
taxlaw-2799	829	21	and	and	CCONJ
taxlaw-2799	829	22	credit	credit	NOUN
taxlaw-2799	829	23	spreads	spread	NOUN
taxlaw-2799	829	24	.	.	PUNCT
taxlaw-2799	830	1	the	the	DET
taxlaw-2799	830	2	cds	cd	NOUN
taxlaw-2799	830	3	had	have	VERB
taxlaw-2799	830	4	a	a	DET
taxlaw-2799	830	5	zero	zero	NUM
taxlaw-2799	830	6	mark	mark	NOUN
taxlaw-2799	830	7	-	-	PUNCT
taxlaw-2799	830	8	to	to	ADP
taxlaw-2799	830	9	-	-	PUNCT
taxlaw-2799	830	10	market	market	NOUN
taxlaw-2799	830	11	value	value	NOUN
taxlaw-2799	830	12	on	on	ADP
taxlaw-2799	830	13	the	the	DET
taxlaw-2799	830	14	trade	trade	NOUN
taxlaw-2799	830	15	date	date	NOUN
taxlaw-2799	830	16	,	,	PUNCT
taxlaw-2799	830	17	meaning	mean	VERB
taxlaw-2799	830	18	that	that	SCONJ
taxlaw-2799	830	19	the	the	DET
taxlaw-2799	830	20	present	present	ADJ
taxlaw-2799	830	21	value	value	NOUN
taxlaw-2799	830	22	of	of	ADP
taxlaw-2799	830	23	the	the	DET
taxlaw-2799	830	24	coupons	coupon	NOUN
taxlaw-2799	830	25	was	be	AUX
taxlaw-2799	830	26	equal	equal	ADJ
taxlaw-2799	830	27	to	to	ADP
taxlaw-2799	830	28	the	the	DET
taxlaw-2799	830	29	value	value	NOUN
taxlaw-2799	830	30	of	of	ADP
taxlaw-2799	830	31	the	the	DET
taxlaw-2799	830	32	protection	protection	NOUN
taxlaw-2799	830	33	provided	provide	VERB
taxlaw-2799	830	34	by	by	ADP
taxlaw-2799	830	35	the	the	DET
taxlaw-2799	830	36	cds	cd	NOUN
taxlaw-2799	830	37	.	.	PUNCT
taxlaw-2799	831	1	most	most	ADJ
taxlaw-2799	831	2	cds	cd	NOUN
taxlaw-2799	831	3	trades	trade	NOUN
taxlaw-2799	831	4	matured	mature	VERB
taxlaw-2799	831	5	without	without	ADP
taxlaw-2799	831	6	ever	ever	ADV
taxlaw-2799	831	7	having	have	VERB
taxlaw-2799	831	8	credit	credit	NOUN
taxlaw-2799	831	9	event	event	NOUN
taxlaw-2799	831	10	settlement	settlement	NOUN
taxlaw-2799	831	11	payments.74	payments.74	VERB
taxlaw-2799	831	12	(	(	PUNCT
taxlaw-2799	831	13	b	b	NOUN
taxlaw-2799	831	14	)	)	PUNCT
taxlaw-2799	831	15	calculating	calculate	VERB
taxlaw-2799	831	16	the	the	DET
taxlaw-2799	831	17	upfront	upfront	ADJ
taxlaw-2799	831	18	payment	payment	NOUN
taxlaw-2799	831	19	on	on	ADP
taxlaw-2799	831	20	a	a	DET
taxlaw-2799	831	21	standardized	standardized	ADJ
taxlaw-2799	831	22	cds	cd	NOUN
taxlaw-2799	831	23	.	.	PUNCT
taxlaw-2799	832	1	a	a	DET
taxlaw-2799	832	2	standardized	standardized	ADJ
taxlaw-2799	832	3	cds	cd	NOUN
taxlaw-2799	832	4	also	also	ADV
taxlaw-2799	832	5	provides	provide	VERB
taxlaw-2799	832	6	for	for	ADP
taxlaw-2799	832	7	periodic	periodic	ADJ
taxlaw-2799	832	8	coupon	coupon	NOUN
taxlaw-2799	832	9	payments	payment	NOUN
taxlaw-2799	832	10	,	,	PUNCT
taxlaw-2799	832	11	at	at	ADP
taxlaw-2799	832	12	the	the	DET
taxlaw-2799	832	13	100	100	NUM
taxlaw-2799	832	14	basis	basis	NOUN
taxlaw-2799	832	15	points	point	NOUN
taxlaw-2799	832	16	or	or	CCONJ
taxlaw-2799	832	17	500	500	NUM
taxlaw-2799	832	18	basis	basis	NOUN
taxlaw-2799	832	19	points	point	NOUN
taxlaw-2799	832	20	level	level	NOUN
taxlaw-2799	832	21	.	.	PUNCT
taxlaw-2799	833	1	if	if	SCONJ
taxlaw-2799	833	2	the	the	DET
taxlaw-2799	833	3	current	current	ADJ
taxlaw-2799	833	4	market	market	NOUN
taxlaw-2799	833	5	quoted	quote	VERB
taxlaw-2799	833	6	level	level	NOUN
taxlaw-2799	833	7	for	for	ADP
taxlaw-2799	833	8	a	a	DET
taxlaw-2799	833	9	cds	cd	NOUN
taxlaw-2799	833	10	with	with	ADP
taxlaw-2799	833	11	a	a	DET
taxlaw-2799	833	12	standard	standard	ADJ
taxlaw-2799	833	13	500	500	NUM
taxlaw-2799	833	14	basis	basis	NOUN
taxlaw-2799	833	15	points	point	NOUN
taxlaw-2799	833	16	coupon	coupon	NOUN
taxlaw-2799	833	17	is	be	AUX
taxlaw-2799	833	18	400	400	NUM
taxlaw-2799	833	19	basis	basis	NOUN
taxlaw-2799	833	20	points	point	NOUN
taxlaw-2799	833	21	,	,	PUNCT
taxlaw-2799	833	22	the	the	DET
taxlaw-2799	833	23	protection	protection	NOUN
taxlaw-2799	833	24	seller	seller	NOUN
taxlaw-2799	833	25	will	will	AUX
taxlaw-2799	833	26	make	make	VERB
taxlaw-2799	833	27	an	an	DET
taxlaw-2799	833	28	upfront	upfront	ADJ
taxlaw-2799	833	29	payment	payment	NOUN
taxlaw-2799	833	30	to	to	ADP
taxlaw-2799	833	31	the	the	DET
taxlaw-2799	833	32	protection	protection	NOUN
taxlaw-2799	833	33	buyer	buyer	NOUN
taxlaw-2799	833	34	to	to	PART
taxlaw-2799	833	35	compensate	compensate	VERB
taxlaw-2799	833	36	the	the	DET
taxlaw-2799	833	37	protection	protection	NOUN
taxlaw-2799	833	38	buyer	buyer	NOUN
taxlaw-2799	833	39	for	for	ADP
taxlaw-2799	833	40	overpaying	overpay	VERB
taxlaw-2799	833	41	coupons	coupon	NOUN
taxlaw-2799	833	42	by	by	ADP
taxlaw-2799	833	43	100	100	NUM
taxlaw-2799	833	44	basis	basis	NOUN
taxlaw-2799	833	45	points	point	NOUN
taxlaw-2799	833	46	as	as	SCONJ
taxlaw-2799	833	47	compared	compare	VERB
taxlaw-2799	833	48	to	to	ADP
taxlaw-2799	833	49	the	the	DET
taxlaw-2799	833	50	market	market	NOUN
taxlaw-2799	833	51	level	level	NOUN
taxlaw-2799	833	52	.	.	PUNCT
taxlaw-2799	834	1	if	if	SCONJ
taxlaw-2799	834	2	the	the	DET
taxlaw-2799	834	3	market	market	NOUN
taxlaw-2799	834	4	coupon	coupon	NOUN
taxlaw-2799	834	5	for	for	ADP
taxlaw-2799	834	6	the	the	DET
taxlaw-2799	834	7	cds	cd	NOUN
taxlaw-2799	834	8	is	be	AUX
taxlaw-2799	834	9	550	550	NUM
taxlaw-2799	834	10	basis	basis	NOUN
taxlaw-2799	834	11	points	point	NOUN
taxlaw-2799	834	12	,	,	PUNCT
taxlaw-2799	834	13	the	the	DET
taxlaw-2799	834	14	protection	protection	NOUN
taxlaw-2799	834	15	buyer	buyer	NOUN
taxlaw-2799	834	16	will	will	AUX
taxlaw-2799	834	17	make	make	VERB
taxlaw-2799	834	18	an	an	DET
taxlaw-2799	834	19	upfront	upfront	ADJ
taxlaw-2799	834	20	payment	payment	NOUN
taxlaw-2799	834	21	to	to	ADP
taxlaw-2799	834	22	the	the	DET
taxlaw-2799	834	23	protection	protection	NOUN
taxlaw-2799	834	24	seller	seller	NOUN
taxlaw-2799	834	25	to	to	PART
taxlaw-2799	834	26	compensate	compensate	VERB
taxlaw-2799	834	27	the	the	DET
taxlaw-2799	834	28	protection	protection	NOUN
taxlaw-2799	834	29	seller	seller	NOUN
taxlaw-2799	834	30	for	for	ADP
taxlaw-2799	834	31	the	the	DET
taxlaw-2799	834	32	50	50	NUM
taxlaw-2799	834	33	basis	basis	NOUN
taxlaw-2799	834	34	points	point	NOUN
taxlaw-2799	834	35	shortfall	shortfall	NOUN
taxlaw-2799	834	36	in	in	ADP
taxlaw-2799	834	37	standard	standard	ADJ
taxlaw-2799	834	38	coupon	coupon	NOUN
taxlaw-2799	834	39	payments	payment	NOUN
taxlaw-2799	834	40	as	as	ADP
taxlaw-2799	834	41	compared	compare	VERB
taxlaw-2799	834	42	to	to	ADP
taxlaw-2799	834	43	the	the	DET
taxlaw-2799	834	44	market	market	NOUN
taxlaw-2799	834	45	quoted	quote	VERB
taxlaw-2799	834	46	level	level	NOUN
taxlaw-2799	834	47	.	.	PUNCT
taxlaw-2799	835	1	thus	thus	ADV
taxlaw-2799	835	2	,	,	PUNCT
taxlaw-2799	835	3	an	an	DET
taxlaw-2799	835	4	upfront	upfront	ADJ
taxlaw-2799	835	5	payment	payment	NOUN
taxlaw-2799	835	6	may	may	AUX
taxlaw-2799	835	7	be	be	AUX
taxlaw-2799	835	8	made	make	VERB
taxlaw-2799	835	9	by	by	ADP
taxlaw-2799	835	10	either	either	DET
taxlaw-2799	835	11	party	party	NOUN
taxlaw-2799	835	12	to	to	ADP
taxlaw-2799	835	13	a	a	DET
taxlaw-2799	835	14	standardized	standardized	ADJ
taxlaw-2799	835	15	cds	cd	NOUN
taxlaw-2799	835	16	.	.	PUNCT
taxlaw-2799	836	1	before	before	ADP
taxlaw-2799	836	2	turning	turn	VERB
taxlaw-2799	836	3	to	to	ADP
taxlaw-2799	836	4	the	the	DET
taxlaw-2799	836	5	calculation	calculation	NOUN
taxlaw-2799	836	6	of	of	ADP
taxlaw-2799	836	7	the	the	DET
taxlaw-2799	836	8	upfront	upfront	ADJ
taxlaw-2799	836	9	payment	payment	NOUN
taxlaw-2799	836	10	,	,	PUNCT
taxlaw-2799	836	11	it	it	PRON
taxlaw-2799	836	12	is	be	AUX
taxlaw-2799	836	13	worth	worth	ADJ
taxlaw-2799	836	14	discussing	discuss	VERB
taxlaw-2799	836	15	how	how	SCONJ
taxlaw-2799	836	16	the	the	DET
taxlaw-2799	836	17	market	market	NOUN
taxlaw-2799	836	18	quoted	quote	VERB
taxlaw-2799	836	19	level	level	NOUN
taxlaw-2799	836	20	for	for	ADP
taxlaw-2799	836	21	a	a	DET
taxlaw-2799	836	22	cds	cd	NOUN
taxlaw-2799	836	23	is	be	AUX
taxlaw-2799	836	24	determined	determine	VERB
taxlaw-2799	836	25	.	.	PUNCT
taxlaw-2799	837	1	very	very	ADV
taxlaw-2799	837	2	generally	generally	ADV
taxlaw-2799	837	3	speaking	speak	VERB
taxlaw-2799	837	4	,	,	PUNCT
taxlaw-2799	837	5	the	the	DET
taxlaw-2799	837	6	market	market	NOUN
taxlaw-2799	837	7	quoted	quote	VERB
taxlaw-2799	837	8	level	level	NOUN
taxlaw-2799	837	9	for	for	ADP
taxlaw-2799	837	10	a	a	DET
taxlaw-2799	837	11	cds	cd	NOUN
taxlaw-2799	837	12	is	be	AUX
taxlaw-2799	837	13	determined	determine	VERB
taxlaw-2799	837	14	primarily	primarily	ADV
taxlaw-2799	837	15	by	by	ADP
taxlaw-2799	837	16	reference	reference	NOUN
taxlaw-2799	837	17	to	to	ADP
taxlaw-2799	837	18	(	(	PUNCT
taxlaw-2799	837	19	a	a	X
taxlaw-2799	837	20	)	)	PUNCT
taxlaw-2799	837	21	an	an	DET
taxlaw-2799	837	22	estimate	estimate	NOUN
taxlaw-2799	837	23	of	of	ADP
taxlaw-2799	837	24	the	the	DET
taxlaw-2799	837	25	probability	probability	NOUN
taxlaw-2799	837	26	of	of	ADP
taxlaw-2799	837	27	default	default	NOUN
taxlaw-2799	837	28	by	by	ADP
taxlaw-2799	837	29	the	the	DET
taxlaw-2799	837	30	reference	reference	NOUN
taxlaw-2799	837	31	entity	entity	NOUN
taxlaw-2799	837	32	,	,	PUNCT
taxlaw-2799	837	33	and	and	CCONJ
taxlaw-2799	837	34	(	(	PUNCT
taxlaw-2799	837	35	b	b	X
taxlaw-2799	837	36	)	)	PUNCT
taxlaw-2799	837	37	an	an	DET
taxlaw-2799	837	38	appropriate	appropriate	ADJ
taxlaw-2799	837	39	(	(	PUNCT
taxlaw-2799	837	40	interest	interest	NOUN
taxlaw-2799	837	41	rate	rate	NOUN
taxlaw-2799	837	42	)	)	PUNCT
taxlaw-2799	837	43	discount	discount	NOUN
taxlaw-2799	837	44	curve.75	curve.75	NOUN
taxlaw-2799	837	45	the	the	DET
taxlaw-2799	837	46	first	first	ADJ
taxlaw-2799	837	47	of	of	ADP
taxlaw-2799	837	48	these	these	DET
taxlaw-2799	837	49	variables	variable	NOUN
taxlaw-2799	837	50	is	be	AUX
taxlaw-2799	837	51	actually	actually	ADV
taxlaw-2799	837	52	not	not	PART
taxlaw-2799	837	53	a	a	DET
taxlaw-2799	837	54	single	single	ADJ
taxlaw-2799	837	55	number	number	NOUN
taxlaw-2799	837	56	,	,	PUNCT
taxlaw-2799	837	57	as	as	SCONJ
taxlaw-2799	837	58	pricing	pricing	NOUN
taxlaw-2799	837	59	models	model	NOUN
taxlaw-2799	837	60	estimate	estimate	VERB
taxlaw-2799	837	61	the	the	DET
taxlaw-2799	837	62	probability	probability	NOUN
taxlaw-2799	837	63	of	of	ADP
taxlaw-2799	837	64	default	default	NOUN
taxlaw-2799	837	65	at	at	ADP
taxlaw-2799	837	66	multiple	multiple	ADJ
taxlaw-2799	837	67	times	time	NOUN
taxlaw-2799	837	68	during	during	ADP
taxlaw-2799	837	69	the	the	DET
taxlaw-2799	837	70	term	term	NOUN
taxlaw-2799	837	71	of	of	ADP
taxlaw-2799	837	72	the	the	DET
taxlaw-2799	837	73	cds	cd	NOUN
taxlaw-2799	837	74	,	,	PUNCT
taxlaw-2799	837	75	and	and	CCONJ
taxlaw-2799	837	76	those	those	DET
taxlaw-2799	837	77	estimates	estimate	NOUN
taxlaw-2799	837	78	are	be	AUX
taxlaw-2799	837	79	path	path	NOUN
taxlaw-2799	837	80	-	-	PUNCT
taxlaw-2799	837	81	dependent	dependent	ADJ
taxlaw-2799	837	82	.	.	PUNCT
taxlaw-2799	838	1	for	for	ADP
taxlaw-2799	838	2	example	example	NOUN
taxlaw-2799	838	3	,	,	PUNCT
taxlaw-2799	838	4	it	it	PRON
taxlaw-2799	838	5	may	may	AUX
taxlaw-2799	838	6	be	be	AUX
taxlaw-2799	838	7	very	very	ADV
taxlaw-2799	838	8	unlikely	unlikely	ADJ
taxlaw-2799	838	9	that	that	SCONJ
taxlaw-2799	838	10	issuer	issuer	NOUN
taxlaw-2799	838	11	x	x	PRON
taxlaw-2799	838	12	will	will	AUX
taxlaw-2799	838	13	default	default	VERB
taxlaw-2799	838	14	in	in	ADP
taxlaw-2799	838	15	years	year	NOUN
taxlaw-2799	838	16	1	1	NUM
taxlaw-2799	838	17	and	and	CCONJ
taxlaw-2799	838	18	2	2	NUM
taxlaw-2799	838	19	,	,	PUNCT
taxlaw-2799	838	20	much	much	ADV
taxlaw-2799	838	21	more	more	ADV
taxlaw-2799	838	22	likely	likely	ADJ
taxlaw-2799	838	23	in	in	ADP
taxlaw-2799	838	24	year	year	NOUN
taxlaw-2799	838	25	3	3	NUM
taxlaw-2799	838	26	because	because	SCONJ
taxlaw-2799	838	27	the	the	DET
taxlaw-2799	838	28	issuer	issuer	NOUN
taxlaw-2799	838	29	has	have	VERB
taxlaw-2799	838	30	outstanding	outstanding	ADJ
taxlaw-2799	838	31	debt	debt	NOUN
taxlaw-2799	838	32	coming	come	VERB
taxlaw-2799	838	33	due	due	ADJ
taxlaw-2799	838	34	in	in	ADP
taxlaw-2799	838	35	that	that	DET
taxlaw-2799	838	36	year	year	NOUN
taxlaw-2799	838	37	,	,	PUNCT
taxlaw-2799	838	38	and	and	CCONJ
taxlaw-2799	838	39	then	then	ADV
taxlaw-2799	838	40	less	less	ADV
taxlaw-2799	838	41	likely	likely	ADJ
taxlaw-2799	838	42	in	in	ADP
taxlaw-2799	838	43	year	year	NOUN
taxlaw-2799	838	44	4	4	NUM
taxlaw-2799	838	45	because	because	SCONJ
taxlaw-2799	838	46	the	the	DET
taxlaw-2799	838	47	issuer	issuer	NOUN
taxlaw-2799	838	48	will	will	AUX
taxlaw-2799	838	49	survive	survive	VERB
taxlaw-2799	838	50	to	to	ADP
taxlaw-2799	838	51	year	year	NOUN
taxlaw-2799	838	52	4	4	NUM
taxlaw-2799	838	53	only	only	ADV
taxlaw-2799	838	54	if	if	SCONJ
taxlaw-2799	838	55	it	it	PRON
taxlaw-2799	838	56	can	can	AUX
taxlaw-2799	838	57	manage	manage	VERB
taxlaw-2799	838	58	its	its	PRON
taxlaw-2799	838	59	liabilities	liability	NOUN
taxlaw-2799	838	60	in	in	ADP
taxlaw-2799	838	61	year	year	NOUN
taxlaw-2799	838	62	3	3	NUM
taxlaw-2799	838	63	.	.	X
taxlaw-2799	838	64	74	74	NUM
taxlaw-2799	839	1	i	i	PRON
taxlaw-2799	839	2	have	have	AUX
taxlaw-2799	839	3	been	be	AUX
taxlaw-2799	839	4	advised	advise	VERB
taxlaw-2799	839	5	that	that	SCONJ
taxlaw-2799	839	6	historically	historically	ADV
taxlaw-2799	839	7	,	,	PUNCT
taxlaw-2799	839	8	a	a	DET
taxlaw-2799	839	9	very	very	ADV
taxlaw-2799	839	10	small	small	ADJ
taxlaw-2799	839	11	percentage	percentage	NOUN
taxlaw-2799	839	12	of	of	ADP
taxlaw-2799	839	13	the	the	DET
taxlaw-2799	839	14	reference	reference	NOUN
taxlaw-2799	839	15	entities	entity	NOUN
taxlaw-2799	839	16	for	for	ADP
taxlaw-2799	839	17	which	which	PRON
taxlaw-2799	839	18	cds	cd	NOUN
taxlaw-2799	839	19	are	be	AUX
taxlaw-2799	839	20	traded	trade	VERB
taxlaw-2799	839	21	have	have	AUX
taxlaw-2799	839	22	experienced	experience	VERB
taxlaw-2799	839	23	credit	credit	NOUN
taxlaw-2799	839	24	events	event	NOUN
taxlaw-2799	839	25	,	,	PUNCT
taxlaw-2799	839	26	and	and	CCONJ
taxlaw-2799	839	27	that	that	SCONJ
taxlaw-2799	839	28	this	this	PRON
taxlaw-2799	839	29	is	be	AUX
taxlaw-2799	839	30	true	true	ADJ
taxlaw-2799	839	31	even	even	ADV
taxlaw-2799	839	32	taking	take	VERB
taxlaw-2799	839	33	the	the	DET
taxlaw-2799	839	34	credit	credit	NOUN
taxlaw-2799	839	35	crisis	crisis	NOUN
taxlaw-2799	839	36	and	and	CCONJ
taxlaw-2799	839	37	recession	recession	NOUN
taxlaw-2799	839	38	into	into	ADP
taxlaw-2799	839	39	account	account	NOUN
taxlaw-2799	839	40	,	,	PUNCT
taxlaw-2799	839	41	because	because	SCONJ
taxlaw-2799	839	42	(	(	PUNCT
taxlaw-2799	839	43	a	a	X
taxlaw-2799	839	44	)	)	PUNCT
taxlaw-2799	839	45	cds	cd	NOUN
taxlaw-2799	839	46	exist	exist	VERB
taxlaw-2799	839	47	on	on	ADP
taxlaw-2799	839	48	only	only	ADV
taxlaw-2799	839	49	a	a	DET
taxlaw-2799	839	50	limited	limited	ADJ
taxlaw-2799	839	51	number	number	NOUN
taxlaw-2799	839	52	of	of	ADP
taxlaw-2799	839	53	reference	reference	NOUN
taxlaw-2799	839	54	entities	entity	NOUN
taxlaw-2799	839	55	,	,	PUNCT
taxlaw-2799	839	56	which	which	PRON
taxlaw-2799	839	57	do	do	AUX
taxlaw-2799	839	58	not	not	PART
taxlaw-2799	839	59	include	include	VERB
taxlaw-2799	839	60	all	all	PRON
taxlaw-2799	839	61	of	of	ADP
taxlaw-2799	839	62	the	the	DET
taxlaw-2799	839	63	companies	company	NOUN
taxlaw-2799	839	64	that	that	PRON
taxlaw-2799	839	65	have	have	AUX
taxlaw-2799	839	66	failed	fail	VERB
taxlaw-2799	839	67	,	,	PUNCT
taxlaw-2799	839	68	and	and	CCONJ
taxlaw-2799	839	69	(	(	PUNCT
taxlaw-2799	839	70	b	b	X
taxlaw-2799	839	71	)	)	PUNCT
taxlaw-2799	839	72	an	an	DET
taxlaw-2799	839	73	issuer	issuer	NOUN
taxlaw-2799	839	74	may	may	AUX
taxlaw-2799	839	75	be	be	AUX
taxlaw-2799	839	76	perceived	perceive	VERB
taxlaw-2799	839	77	by	by	ADP
taxlaw-2799	839	78	the	the	DET
taxlaw-2799	839	79	market	market	NOUN
taxlaw-2799	839	80	to	to	PART
taxlaw-2799	839	81	have	have	AUX
taxlaw-2799	839	82	failed	fail	VERB
taxlaw-2799	839	83	without	without	ADP
taxlaw-2799	839	84	triggering	trigger	VERB
taxlaw-2799	839	85	a	a	DET
taxlaw-2799	839	86	cds	cds	NOUN
taxlaw-2799	839	87	credit	credit	NOUN
taxlaw-2799	839	88	event	event	NOUN
taxlaw-2799	839	89	,	,	PUNCT
taxlaw-2799	839	90	for	for	ADP
taxlaw-2799	839	91	example	example	NOUN
taxlaw-2799	839	92	if	if	SCONJ
taxlaw-2799	839	93	the	the	DET
taxlaw-2799	839	94	issuer	issuer	NOUN
taxlaw-2799	839	95	is	be	AUX
taxlaw-2799	839	96	rescued	rescue	VERB
taxlaw-2799	839	97	from	from	ADP
taxlaw-2799	839	98	actual	actual	ADJ
taxlaw-2799	839	99	failure	failure	NOUN
taxlaw-2799	839	100	by	by	ADP
taxlaw-2799	839	101	being	be	AUX
taxlaw-2799	839	102	acquired	acquire	VERB
taxlaw-2799	839	103	.	.	PUNCT
taxlaw-2799	840	1	as	as	ADP
taxlaw-2799	840	2	of	of	ADP
taxlaw-2799	840	3	the	the	DET
taxlaw-2799	840	4	end	end	NOUN
taxlaw-2799	840	5	of	of	ADP
taxlaw-2799	840	6	december	december	PROPN
taxlaw-2799	840	7	2010	2010	NUM
taxlaw-2799	840	8	,	,	PUNCT
taxlaw-2799	840	9	isda	isda	NOUN
taxlaw-2799	840	10	listed	list	VERB
taxlaw-2799	840	11	4	4	NUM
taxlaw-2799	840	12	reference	reference	NOUN
taxlaw-2799	840	13	entities	entity	NOUN
taxlaw-2799	840	14	as	as	ADP
taxlaw-2799	840	15	having	have	VERB
taxlaw-2799	840	16	active	active	ADJ
taxlaw-2799	840	17	credit	credit	NOUN
taxlaw-2799	840	18	events	event	NOUN
taxlaw-2799	840	19	,	,	PUNCT
taxlaw-2799	840	20	and	and	CCONJ
taxlaw-2799	840	21	over	over	ADP
taxlaw-2799	840	22	50	50	NUM
taxlaw-2799	840	23	reference	reference	NOUN
taxlaw-2799	840	24	entities	entity	NOUN
taxlaw-2799	840	25	with	with	ADP
taxlaw-2799	840	26	prior	prior	ADJ
taxlaw-2799	840	27	credit	credit	NOUN
taxlaw-2799	840	28	events	event	NOUN
taxlaw-2799	840	29	,	,	PUNCT
taxlaw-2799	840	30	for	for	ADP
taxlaw-2799	840	31	cds	cd	NOUN
taxlaw-2799	840	32	(	(	PUNCT
taxlaw-2799	840	33	including	include	VERB
taxlaw-2799	840	34	loan	loan	NOUN
taxlaw-2799	840	35	-	-	PUNCT
taxlaw-2799	840	36	only	only	ADV
taxlaw-2799	840	37	cds	cd	NOUN
taxlaw-2799	840	38	)	)	PUNCT
taxlaw-2799	840	39	on	on	ADP
taxlaw-2799	840	40	corporate	corporate	ADJ
taxlaw-2799	840	41	reference	reference	NOUN
taxlaw-2799	840	42	entities	entity	NOUN
taxlaw-2799	840	43	.	.	PUNCT
taxlaw-2799	841	1	by	by	ADP
taxlaw-2799	841	2	way	way	NOUN
taxlaw-2799	841	3	of	of	ADP
taxlaw-2799	841	4	comparison	comparison	NOUN
taxlaw-2799	841	5	between	between	ADP
taxlaw-2799	841	6	healthy	healthy	ADJ
taxlaw-2799	841	7	and	and	CCONJ
taxlaw-2799	841	8	troubled	troubled	ADJ
taxlaw-2799	841	9	markets	market	NOUN
taxlaw-2799	841	10	,	,	PUNCT
taxlaw-2799	841	11	there	there	PRON
taxlaw-2799	841	12	are	be	VERB
taxlaw-2799	841	13	only	only	ADV
taxlaw-2799	841	14	6	6	NUM
taxlaw-2799	841	15	credit	credit	NOUN
taxlaw-2799	841	16	events	event	NOUN
taxlaw-2799	841	17	listed	list	VERB
taxlaw-2799	841	18	for	for	ADP
taxlaw-2799	841	19	the	the	DET
taxlaw-2799	841	20	years	year	NOUN
taxlaw-2799	841	21	2007	2007	NUM
taxlaw-2799	841	22	(	(	PUNCT
taxlaw-2799	841	23	0	0	NUM
taxlaw-2799	841	24	)	)	PUNCT
taxlaw-2799	841	25	,	,	PUNCT
taxlaw-2799	841	26	2006	2006	NUM
taxlaw-2799	841	27	(	(	PUNCT
taxlaw-2799	841	28	3	3	NUM
taxlaw-2799	841	29	)	)	PUNCT
taxlaw-2799	841	30	and	and	CCONJ
taxlaw-2799	841	31	2005	2005	NUM
taxlaw-2799	841	32	(	(	PUNCT
taxlaw-2799	841	33	3	3	NUM
taxlaw-2799	841	34	)	)	PUNCT
taxlaw-2799	841	35	,	,	PUNCT
taxlaw-2799	841	36	which	which	PRON
taxlaw-2799	841	37	is	be	AUX
taxlaw-2799	841	38	as	as	ADV
taxlaw-2799	841	39	far	far	ADV
taxlaw-2799	841	40	back	back	ADV
taxlaw-2799	841	41	as	as	SCONJ
taxlaw-2799	841	42	the	the	DET
taxlaw-2799	841	43	isda	isda	PROPN
taxlaw-2799	841	44	information	information	NOUN
taxlaw-2799	841	45	goes	go	VERB
taxlaw-2799	841	46	,	,	PUNCT
taxlaw-2799	841	47	with	with	ADP
taxlaw-2799	841	48	all	all	PRON
taxlaw-2799	841	49	of	of	ADP
taxlaw-2799	841	50	the	the	DET
taxlaw-2799	841	51	remainder	remainder	NOUN
taxlaw-2799	841	52	arising	arise	VERB
taxlaw-2799	841	53	in	in	ADP
taxlaw-2799	841	54	2008	2008	NUM
taxlaw-2799	841	55	,	,	PUNCT
taxlaw-2799	841	56	2009	2009	NUM
taxlaw-2799	841	57	and	and	CCONJ
taxlaw-2799	841	58	2010	2010	NUM
taxlaw-2799	841	59	.	.	PUNCT
taxlaw-2799	842	1	see	see	VERB
taxlaw-2799	842	2	isda	isda	PROPN
taxlaw-2799	842	3	credit	credit	NOUN
taxlaw-2799	842	4	derivatives	derivative	NOUN
taxlaw-2799	842	5	determinations	determination	NOUN
taxlaw-2799	842	6	committees	committee	NOUN
taxlaw-2799	842	7	,	,	PUNCT
taxlaw-2799	842	8	http://www.isda.org/credit	http://www.isda.org/credit	PROPN
taxlaw-2799	842	9	(	(	PUNCT
taxlaw-2799	842	10	last	last	ADV
taxlaw-2799	842	11	visited	visit	VERB
taxlaw-2799	842	12	dec	dec	PROPN
taxlaw-2799	842	13	.	.	PROPN
taxlaw-2799	842	14	31	31	NUM
taxlaw-2799	842	15	,	,	PUNCT
taxlaw-2799	842	16	2010	2010	NUM
taxlaw-2799	842	17	)	)	PUNCT
taxlaw-2799	842	18	.	.	PUNCT
taxlaw-2799	843	1	75	75	NUM
taxlaw-2799	843	2	this	this	DET
taxlaw-2799	843	3	discussion	discussion	NOUN
taxlaw-2799	843	4	does	do	AUX
taxlaw-2799	843	5	not	not	PART
taxlaw-2799	843	6	address	address	VERB
taxlaw-2799	843	7	a	a	DET
taxlaw-2799	843	8	cds	cd	NOUN
taxlaw-2799	843	9	on	on	ADP
taxlaw-2799	843	10	a	a	DET
taxlaw-2799	843	11	reference	reference	NOUN
taxlaw-2799	843	12	entity	entity	NOUN
taxlaw-2799	843	13	considered	consider	VERB
taxlaw-2799	843	14	highly	highly	ADV
taxlaw-2799	843	15	likely	likely	ADJ
taxlaw-2799	843	16	to	to	PART
taxlaw-2799	843	17	default	default	VERB
taxlaw-2799	843	18	in	in	ADP
taxlaw-2799	843	19	the	the	DET
taxlaw-2799	843	20	near	near	ADJ
taxlaw-2799	843	21	term	term	NOUN
taxlaw-2799	843	22	.	.	PUNCT
taxlaw-2799	844	1	the	the	DET
taxlaw-2799	844	2	upfront	upfront	ADJ
taxlaw-2799	844	3	payment	payment	NOUN
taxlaw-2799	844	4	on	on	ADP
taxlaw-2799	844	5	such	such	DET
taxlaw-2799	844	6	a	a	DET
taxlaw-2799	844	7	cds	cd	NOUN
taxlaw-2799	844	8	would	would	AUX
taxlaw-2799	844	9	be	be	AUX
taxlaw-2799	844	10	determined	determine	VERB
taxlaw-2799	844	11	primarily	primarily	ADV
taxlaw-2799	844	12	by	by	ADP
taxlaw-2799	844	13	reference	reference	NOUN
taxlaw-2799	844	14	to	to	ADP
taxlaw-2799	844	15	the	the	DET
taxlaw-2799	844	16	expected	expect	VERB
taxlaw-2799	844	17	recovery	recovery	NOUN
taxlaw-2799	844	18	in	in	ADP
taxlaw-2799	844	19	bankruptcy	bankruptcy	NOUN
taxlaw-2799	844	20	for	for	ADP
taxlaw-2799	844	21	a	a	DET
taxlaw-2799	844	22	holder	holder	NOUN
taxlaw-2799	844	23	of	of	ADP
taxlaw-2799	844	24	the	the	DET
taxlaw-2799	844	25	issuer	issuer	NOUN
taxlaw-2799	844	26	’s	’s	PART
taxlaw-2799	844	27	debt	debt	NOUN
taxlaw-2799	844	28	.	.	PUNCT
taxlaw-2799	845	1	in	in	ADP
taxlaw-2799	845	2	the	the	DET
taxlaw-2799	845	3	market	market	NOUN
taxlaw-2799	845	4	’s	’s	PART
taxlaw-2799	845	5	jargon	jargon	NOUN
taxlaw-2799	845	6	,	,	PUNCT
taxlaw-2799	845	7	a	a	DET
taxlaw-2799	845	8	cds	cd	NOUN
taxlaw-2799	845	9	of	of	ADP
taxlaw-2799	845	10	this	this	DET
taxlaw-2799	845	11	kind	kind	NOUN
taxlaw-2799	845	12	would	would	AUX
taxlaw-2799	845	13	be	be	AUX
taxlaw-2799	845	14	“	"	PUNCT
taxlaw-2799	845	15	quoted	quote	VERB
taxlaw-2799	845	16	upfront	upfront	NOUN
taxlaw-2799	845	17	”	"	PUNCT
taxlaw-2799	845	18	or	or	CCONJ
taxlaw-2799	845	19	quoted	quote	VERB
taxlaw-2799	845	20	as	as	ADP
taxlaw-2799	845	21	“	"	PUNCT
taxlaw-2799	845	22	points	point	NOUN
taxlaw-2799	845	23	upfront	upfront	NOUN
taxlaw-2799	845	24	,	,	PUNCT
taxlaw-2799	845	25	”	"	PUNCT
taxlaw-2799	845	26	rather	rather	ADV
taxlaw-2799	845	27	than	than	SCONJ
taxlaw-2799	845	28	quoted	quote	VERB
taxlaw-2799	845	29	using	use	VERB
taxlaw-2799	845	30	a	a	DET
taxlaw-2799	845	31	par	par	NOUN
taxlaw-2799	845	32	spread	spread	NOUN
taxlaw-2799	845	33	.	.	PUNCT
taxlaw-2799	846	1	the	the	DET
taxlaw-2799	846	2	upfront	upfront	ADJ
taxlaw-2799	846	3	payment	payment	NOUN
taxlaw-2799	846	4	generally	generally	ADV
taxlaw-2799	846	5	does	do	AUX
taxlaw-2799	846	6	not	not	PART
taxlaw-2799	846	7	take	take	VERB
taxlaw-2799	846	8	into	into	ADP
taxlaw-2799	846	9	account	account	NOUN
taxlaw-2799	846	10	the	the	DET
taxlaw-2799	846	11	creditworthiness	creditworthiness	NOUN
taxlaw-2799	846	12	of	of	ADP
taxlaw-2799	846	13	the	the	DET
taxlaw-2799	846	14	parties	party	NOUN
taxlaw-2799	846	15	.	.	PUNCT
taxlaw-2799	847	1	in	in	ADP
taxlaw-2799	847	2	the	the	DET
taxlaw-2799	847	3	case	case	NOUN
taxlaw-2799	847	4	of	of	ADP
taxlaw-2799	847	5	cleared	clear	VERB
taxlaw-2799	847	6	cds	cd	NOUN
taxlaw-2799	847	7	,	,	PUNCT
taxlaw-2799	847	8	that	that	PRON
taxlaw-2799	847	9	is	be	AUX
taxlaw-2799	847	10	because	because	SCONJ
taxlaw-2799	847	11	the	the	DET
taxlaw-2799	847	12	clearinghouse	clearinghouse	NOUN
taxlaw-2799	847	13	becomes	become	VERB
taxlaw-2799	847	14	the	the	DET
taxlaw-2799	847	15	legal	legal	ADJ
taxlaw-2799	847	16	counterparty	counterparty	NOUN
taxlaw-2799	847	17	to	to	ADP
taxlaw-2799	847	18	the	the	DET
taxlaw-2799	847	19	trade	trade	NOUN
taxlaw-2799	847	20	.	.	PUNCT
taxlaw-2799	848	1	in	in	ADP
taxlaw-2799	848	2	the	the	DET
taxlaw-2799	848	3	case	case	NOUN
taxlaw-2799	848	4	of	of	ADP
taxlaw-2799	848	5	otc	otc	PROPN
taxlaw-2799	848	6	-	-	PUNCT
taxlaw-2799	848	7	only	only	ADV
taxlaw-2799	848	8	cds	cd	NOUN
taxlaw-2799	848	9	,	,	PUNCT
taxlaw-2799	848	10	the	the	DET
taxlaw-2799	848	11	parties	party	NOUN
taxlaw-2799	848	12	typically	typically	ADV
taxlaw-2799	848	13	manage	manage	VERB
taxlaw-2799	848	14	credit	credit	NOUN
taxlaw-2799	848	15	risk	risk	NOUN
taxlaw-2799	848	16	by	by	ADP
taxlaw-2799	848	17	taking	take	VERB
taxlaw-2799	848	18	or	or	CCONJ
taxlaw-2799	848	19	providing	provide	VERB
taxlaw-2799	848	20	collateral	collateral	NOUN
taxlaw-2799	848	21	.	.	PUNCT
taxlaw-2799	849	1	2011	2011	NUM
taxlaw-2799	849	2	]	]	PUNCT
taxlaw-2799	849	3	ew	ew	NOUN
taxlaw-2799	849	4	tax	tax	NOUN
taxlaw-2799	849	5	issues	issue	NOUN
taxlaw-2799	849	6	arisi	arisi	VERB
taxlaw-2799	849	7	g	g	PROPN
taxlaw-2799	849	8	from	from	ADP
taxlaw-2799	849	9	the	the	DET
taxlaw-2799	849	10	dodd	dodd	NOUN
taxlaw-2799	849	11	-	-	PUNCT
taxlaw-2799	849	12	fra	fra	PROPN
taxlaw-2799	849	13	k	k	PROPN
taxlaw-2799	849	14	act	act	PROPN
taxlaw-2799	849	15	41	41	NUM
taxlaw-2799	849	16	it	it	PRON
taxlaw-2799	849	17	is	be	AUX
taxlaw-2799	849	18	in	in	ADP
taxlaw-2799	849	19	the	the	DET
taxlaw-2799	849	20	nature	nature	NOUN
taxlaw-2799	849	21	of	of	ADP
taxlaw-2799	849	22	things	thing	NOUN
taxlaw-2799	849	23	that	that	PRON
taxlaw-2799	849	24	the	the	DET
taxlaw-2799	849	25	two	two	NUM
taxlaw-2799	849	26	parties	party	NOUN
taxlaw-2799	849	27	to	to	ADP
taxlaw-2799	849	28	a	a	DET
taxlaw-2799	849	29	cds	cd	NOUN
taxlaw-2799	849	30	ordinarily	ordinarily	ADV
taxlaw-2799	849	31	will	will	AUX
taxlaw-2799	849	32	have	have	VERB
taxlaw-2799	849	33	different	different	ADJ
taxlaw-2799	849	34	judgments	judgment	NOUN
taxlaw-2799	849	35	about	about	ADP
taxlaw-2799	849	36	these	these	DET
taxlaw-2799	849	37	variables	variable	NOUN
taxlaw-2799	849	38	.	.	PUNCT
taxlaw-2799	850	1	that	that	PRON
taxlaw-2799	850	2	is	is	ADV
taxlaw-2799	850	3	,	,	PUNCT
taxlaw-2799	850	4	the	the	DET
taxlaw-2799	850	5	reason	reason	NOUN
taxlaw-2799	850	6	one	one	NUM
taxlaw-2799	850	7	party	party	NOUN
taxlaw-2799	850	8	is	be	AUX
taxlaw-2799	850	9	willing	willing	ADJ
taxlaw-2799	850	10	to	to	PART
taxlaw-2799	850	11	buy	buy	VERB
taxlaw-2799	850	12	protection	protection	NOUN
taxlaw-2799	850	13	and	and	CCONJ
taxlaw-2799	850	14	the	the	DET
taxlaw-2799	850	15	other	other	ADJ
taxlaw-2799	850	16	is	be	AUX
taxlaw-2799	850	17	willing	willing	ADJ
taxlaw-2799	850	18	to	to	PART
taxlaw-2799	850	19	sell	sell	VERB
taxlaw-2799	850	20	protection	protection	NOUN
taxlaw-2799	850	21	at	at	ADP
taxlaw-2799	850	22	a	a	DET
taxlaw-2799	850	23	specified	specified	ADJ
taxlaw-2799	850	24	market	market	NOUN
taxlaw-2799	850	25	quoted	quote	VERB
taxlaw-2799	850	26	level	level	NOUN
taxlaw-2799	850	27	is	be	AUX
taxlaw-2799	850	28	because	because	SCONJ
taxlaw-2799	850	29	they	they	PRON
taxlaw-2799	850	30	have	have	VERB
taxlaw-2799	850	31	different	different	ADJ
taxlaw-2799	850	32	views	view	NOUN
taxlaw-2799	850	33	as	as	ADP
taxlaw-2799	850	34	to	to	ADP
taxlaw-2799	850	35	what	what	PRON
taxlaw-2799	850	36	the	the	DET
taxlaw-2799	850	37	“	"	PUNCT
taxlaw-2799	850	38	right	right	ADJ
taxlaw-2799	850	39	”	"	PUNCT
taxlaw-2799	850	40	market	market	NOUN
taxlaw-2799	850	41	level	level	NOUN
taxlaw-2799	850	42	should	should	AUX
taxlaw-2799	850	43	be	be	AUX
taxlaw-2799	850	44	.	.	PUNCT
taxlaw-2799	851	1	furthermore	furthermore	ADV
taxlaw-2799	851	2	,	,	PUNCT
taxlaw-2799	851	3	the	the	DET
taxlaw-2799	851	4	fact	fact	NOUN
taxlaw-2799	851	5	that	that	SCONJ
taxlaw-2799	851	6	a	a	DET
taxlaw-2799	851	7	cds	cd	NOUN
taxlaw-2799	851	8	on	on	ADP
taxlaw-2799	851	9	reference	reference	NOUN
taxlaw-2799	851	10	entity	entity	NOUN
taxlaw-2799	851	11	x	x	PRON
taxlaw-2799	851	12	has	have	AUX
taxlaw-2799	851	13	the	the	DET
taxlaw-2799	851	14	same	same	ADJ
taxlaw-2799	851	15	market	market	NOUN
taxlaw-2799	851	16	quoted	quote	VERB
taxlaw-2799	851	17	level	level	NOUN
taxlaw-2799	851	18	as	as	ADP
taxlaw-2799	851	19	a	a	DET
taxlaw-2799	851	20	cds	cd	NOUN
taxlaw-2799	851	21	on	on	ADP
taxlaw-2799	851	22	reference	reference	NOUN
taxlaw-2799	851	23	entity	entity	NOUN
taxlaw-2799	851	24	y	y	PROPN
taxlaw-2799	851	25	does	do	AUX
taxlaw-2799	851	26	not	not	PART
taxlaw-2799	851	27	mean	mean	VERB
taxlaw-2799	851	28	that	that	SCONJ
taxlaw-2799	851	29	the	the	DET
taxlaw-2799	851	30	probabilities	probability	NOUN
taxlaw-2799	851	31	of	of	ADP
taxlaw-2799	851	32	default	default	NOUN
taxlaw-2799	851	33	are	be	AUX
taxlaw-2799	851	34	the	the	DET
taxlaw-2799	851	35	same	same	ADJ
taxlaw-2799	851	36	for	for	ADP
taxlaw-2799	851	37	x	x	PRON
taxlaw-2799	851	38	and	and	CCONJ
taxlaw-2799	851	39	y.	y.	PROPN
taxlaw-2799	851	40	even	even	ADV
taxlaw-2799	851	41	if	if	SCONJ
taxlaw-2799	851	42	all	all	DET
taxlaw-2799	851	43	other	other	ADJ
taxlaw-2799	851	44	variables	variable	NOUN
taxlaw-2799	851	45	are	be	AUX
taxlaw-2799	851	46	held	hold	VERB
taxlaw-2799	851	47	constant	constant	ADJ
taxlaw-2799	851	48	,	,	PUNCT
taxlaw-2799	851	49	if	if	SCONJ
taxlaw-2799	851	50	x	x	X
taxlaw-2799	851	51	(	(	PUNCT
taxlaw-2799	851	52	as	as	ADP
taxlaw-2799	851	53	above	above	ADJ
taxlaw-2799	851	54	)	)	PUNCT
taxlaw-2799	851	55	is	be	AUX
taxlaw-2799	851	56	at	at	ADP
taxlaw-2799	851	57	greatest	great	ADJ
taxlaw-2799	851	58	risk	risk	NOUN
taxlaw-2799	851	59	for	for	ADP
taxlaw-2799	851	60	default	default	NOUN
taxlaw-2799	851	61	in	in	ADP
taxlaw-2799	851	62	year	year	NOUN
taxlaw-2799	851	63	3	3	NUM
taxlaw-2799	851	64	while	while	SCONJ
taxlaw-2799	851	65	y	y	PROPN
taxlaw-2799	851	66	is	be	AUX
taxlaw-2799	851	67	at	at	ADP
taxlaw-2799	851	68	greatest	great	ADJ
taxlaw-2799	851	69	risk	risk	NOUN
taxlaw-2799	851	70	for	for	ADP
taxlaw-2799	851	71	default	default	NOUN
taxlaw-2799	851	72	in	in	ADP
taxlaw-2799	851	73	year	year	NOUN
taxlaw-2799	851	74	2	2	NUM
taxlaw-2799	851	75	but	but	CCONJ
taxlaw-2799	851	76	perhaps	perhaps	ADV
taxlaw-2799	851	77	is	be	AUX
taxlaw-2799	851	78	considered	consider	VERB
taxlaw-2799	851	79	overall	overall	ADV
taxlaw-2799	851	80	more	more	ADV
taxlaw-2799	851	81	creditworthy	creditworthy	ADJ
taxlaw-2799	851	82	,	,	PUNCT
taxlaw-2799	851	83	the	the	DET
taxlaw-2799	851	84	shape	shape	NOUN
taxlaw-2799	851	85	of	of	ADP
taxlaw-2799	851	86	the	the	DET
taxlaw-2799	851	87	“	"	PUNCT
taxlaw-2799	851	88	survival	survival	NOUN
taxlaw-2799	851	89	curve	curve	NOUN
taxlaw-2799	851	90	”	"	PUNCT
taxlaw-2799	851	91	for	for	ADP
taxlaw-2799	851	92	x	x	SYM
taxlaw-2799	851	93	and	and	CCONJ
taxlaw-2799	851	94	y	y	PROPN
taxlaw-2799	851	95	will	will	AUX
taxlaw-2799	851	96	differ	differ	VERB
taxlaw-2799	851	97	.	.	PUNCT
taxlaw-2799	852	1	the	the	DET
taxlaw-2799	852	2	parties	party	NOUN
taxlaw-2799	852	3	to	to	ADP
taxlaw-2799	852	4	a	a	DET
taxlaw-2799	852	5	cds	cd	NOUN
taxlaw-2799	852	6	will	will	AUX
taxlaw-2799	852	7	,	,	PUNCT
taxlaw-2799	852	8	therefore	therefore	ADV
taxlaw-2799	852	9	,	,	PUNCT
taxlaw-2799	852	10	first	first	ADV
taxlaw-2799	852	11	agree	agree	VERB
taxlaw-2799	852	12	on	on	ADP
taxlaw-2799	852	13	a	a	DET
taxlaw-2799	852	14	market	market	NOUN
taxlaw-2799	852	15	quoted	quote	VERB
taxlaw-2799	852	16	level	level	NOUN
taxlaw-2799	852	17	for	for	ADP
taxlaw-2799	852	18	a	a	DET
taxlaw-2799	852	19	cds	cd	NOUN
taxlaw-2799	852	20	,	,	PUNCT
taxlaw-2799	852	21	in	in	ADP
taxlaw-2799	852	22	the	the	DET
taxlaw-2799	852	23	same	same	ADJ
taxlaw-2799	852	24	manner	manner	NOUN
taxlaw-2799	852	25	as	as	SCONJ
taxlaw-2799	852	26	they	they	PRON
taxlaw-2799	852	27	did	do	VERB
taxlaw-2799	852	28	prior	prior	ADV
taxlaw-2799	852	29	to	to	ADP
taxlaw-2799	852	30	cds	cd	NOUN
taxlaw-2799	852	31	standardization	standardization	NOUN
taxlaw-2799	852	32	.	.	PUNCT
taxlaw-2799	853	1	they	they	PRON
taxlaw-2799	853	2	will	will	AUX
taxlaw-2799	853	3	then	then	ADV
taxlaw-2799	853	4	“	"	PUNCT
taxlaw-2799	853	5	convert	convert	VERB
taxlaw-2799	853	6	”	"	PUNCT
taxlaw-2799	853	7	the	the	DET
taxlaw-2799	853	8	difference	difference	NOUN
taxlaw-2799	853	9	between	between	ADP
taxlaw-2799	853	10	the	the	DET
taxlaw-2799	853	11	agreed	agree	VERB
taxlaw-2799	853	12	market	market	NOUN
taxlaw-2799	853	13	quoted	quote	VERB
taxlaw-2799	853	14	level	level	NOUN
taxlaw-2799	853	15	and	and	CCONJ
taxlaw-2799	853	16	the	the	DET
taxlaw-2799	853	17	standardized	standardized	ADJ
taxlaw-2799	853	18	coupon	coupon	NOUN
taxlaw-2799	853	19	into	into	ADP
taxlaw-2799	853	20	a	a	DET
taxlaw-2799	853	21	single	single	ADJ
taxlaw-2799	853	22	lump	lump	NOUN
taxlaw-2799	853	23	sum	sum	NOUN
taxlaw-2799	853	24	payment	payment	NOUN
taxlaw-2799	853	25	.	.	PUNCT
taxlaw-2799	854	1	(	(	PUNCT
taxlaw-2799	854	2	the	the	DET
taxlaw-2799	854	3	upfront	upfront	ADJ
taxlaw-2799	854	4	payment	payment	NOUN
taxlaw-2799	854	5	also	also	ADV
taxlaw-2799	854	6	adjusts	adjust	VERB
taxlaw-2799	854	7	for	for	ADP
taxlaw-2799	854	8	the	the	DET
taxlaw-2799	854	9	coupon	coupon	NOUN
taxlaw-2799	854	10	amount	amount	NOUN
taxlaw-2799	854	11	that	that	PRON
taxlaw-2799	854	12	has	have	AUX
taxlaw-2799	854	13	accrued	accrue	VERB
taxlaw-2799	854	14	prior	prior	ADV
taxlaw-2799	854	15	to	to	ADP
taxlaw-2799	854	16	entering	enter	VERB
taxlaw-2799	854	17	into	into	ADP
taxlaw-2799	854	18	the	the	DET
taxlaw-2799	854	19	trade	trade	NOUN
taxlaw-2799	854	20	,	,	PUNCT
taxlaw-2799	854	21	a	a	DET
taxlaw-2799	854	22	refinement	refinement	NOUN
taxlaw-2799	854	23	that	that	PRON
taxlaw-2799	854	24	will	will	AUX
taxlaw-2799	854	25	be	be	AUX
taxlaw-2799	854	26	ignored	ignore	VERB
taxlaw-2799	854	27	for	for	ADP
taxlaw-2799	854	28	purposes	purpose	NOUN
taxlaw-2799	854	29	of	of	ADP
taxlaw-2799	854	30	this	this	DET
taxlaw-2799	854	31	discussion	discussion	NOUN
taxlaw-2799	854	32	.	.	PUNCT
taxlaw-2799	854	33	)	)	PUNCT
taxlaw-2799	855	1	calculating	calculate	VERB
taxlaw-2799	855	2	the	the	DET
taxlaw-2799	855	3	upfront	upfront	ADJ
taxlaw-2799	855	4	payment	payment	NOUN
taxlaw-2799	855	5	is	be	AUX
taxlaw-2799	855	6	not	not	PART
taxlaw-2799	855	7	for	for	ADP
taxlaw-2799	855	8	the	the	DET
taxlaw-2799	855	9	faint	faint	NOUN
taxlaw-2799	855	10	of	of	ADP
taxlaw-2799	855	11	heart	heart	NOUN
taxlaw-2799	855	12	.	.	PUNCT
taxlaw-2799	856	1	fortunately	fortunately	ADV
taxlaw-2799	856	2	,	,	PUNCT
taxlaw-2799	856	3	in	in	ADP
taxlaw-2799	856	4	order	order	NOUN
taxlaw-2799	856	5	to	to	PART
taxlaw-2799	856	6	avoid	avoid	VERB
taxlaw-2799	856	7	disputes	dispute	NOUN
taxlaw-2799	856	8	,	,	PUNCT
taxlaw-2799	856	9	the	the	DET
taxlaw-2799	856	10	market	market	NOUN
taxlaw-2799	856	11	has	have	AUX
taxlaw-2799	856	12	developed	develop	VERB
taxlaw-2799	856	13	a	a	DET
taxlaw-2799	856	14	standard	standard	ADJ
taxlaw-2799	856	15	“	"	PUNCT
taxlaw-2799	856	16	converter	converter	NOUN
taxlaw-2799	856	17	”	"	PUNCT
taxlaw-2799	856	18	that	that	PRON
taxlaw-2799	856	19	can	can	AUX
taxlaw-2799	856	20	be	be	AUX
taxlaw-2799	856	21	used	use	VERB
taxlaw-2799	856	22	to	to	PART
taxlaw-2799	856	23	convert	convert	VERB
taxlaw-2799	856	24	market	market	NOUN
taxlaw-2799	856	25	coupons	coupon	NOUN
taxlaw-2799	856	26	into	into	ADP
taxlaw-2799	856	27	an	an	DET
taxlaw-2799	856	28	upfront	upfront	ADJ
taxlaw-2799	856	29	payment.76	payment.76	NOUN
taxlaw-2799	856	30	the	the	DET
taxlaw-2799	856	31	converter	converter	NOUN
taxlaw-2799	856	32	is	be	AUX
taxlaw-2799	856	33	based	base	VERB
taxlaw-2799	856	34	on	on	ADP
taxlaw-2799	856	35	a	a	DET
taxlaw-2799	856	36	number	number	NOUN
taxlaw-2799	856	37	of	of	ADP
taxlaw-2799	856	38	simplifying	simplify	VERB
taxlaw-2799	856	39	assumptions	assumption	NOUN
taxlaw-2799	856	40	with	with	ADP
taxlaw-2799	856	41	respect	respect	NOUN
taxlaw-2799	856	42	to	to	ADP
taxlaw-2799	856	43	both	both	DET
taxlaw-2799	856	44	the	the	DET
taxlaw-2799	856	45	terms	term	NOUN
taxlaw-2799	856	46	of	of	ADP
taxlaw-2799	856	47	a	a	DET
taxlaw-2799	856	48	cds	cd	NOUN
taxlaw-2799	856	49	and	and	CCONJ
taxlaw-2799	856	50	key	key	ADJ
taxlaw-2799	856	51	economic	economic	ADJ
taxlaw-2799	856	52	variables.77	variables.77	NOUN
taxlaw-2799	856	53	as	as	ADP
taxlaw-2799	856	54	a	a	DET
taxlaw-2799	856	55	result	result	NOUN
taxlaw-2799	856	56	,	,	PUNCT
taxlaw-2799	856	57	using	use	VERB
taxlaw-2799	856	58	the	the	DET
taxlaw-2799	856	59	converter	converter	NOUN
taxlaw-2799	856	60	for	for	ADP
taxlaw-2799	856	61	a	a	DET
taxlaw-2799	856	62	standardized	standardized	ADJ
taxlaw-2799	856	63	cds	cd	NOUN
taxlaw-2799	856	64	is	be	AUX
taxlaw-2799	856	65	mechanically	mechanically	ADV
taxlaw-2799	856	66	straightforward	straightforward	ADJ
taxlaw-2799	856	67	–	–	PUNCT
taxlaw-2799	856	68	one	one	NUM
taxlaw-2799	856	69	simply	simply	ADV
taxlaw-2799	856	70	inputs	input	VERB
taxlaw-2799	856	71	the	the	DET
taxlaw-2799	856	72	trade	trade	NOUN
taxlaw-2799	856	73	date	date	NOUN
taxlaw-2799	856	74	;	;	PUNCT
taxlaw-2799	856	75	whether	whether	SCONJ
taxlaw-2799	856	76	one	one	PRON
taxlaw-2799	856	77	is	be	AUX
taxlaw-2799	856	78	acting	act	VERB
taxlaw-2799	856	79	as	as	ADP
taxlaw-2799	856	80	protection	protection	NOUN
taxlaw-2799	856	81	buyer	buyer	NOUN
taxlaw-2799	856	82	or	or	CCONJ
taxlaw-2799	856	83	seller	seller	NOUN
taxlaw-2799	856	84	;	;	PUNCT
taxlaw-2799	856	85	the	the	DET
taxlaw-2799	856	86	standardized	standardized	ADJ
taxlaw-2799	856	87	coupon	coupon	NOUN
taxlaw-2799	856	88	,	,	PUNCT
taxlaw-2799	856	89	maturity	maturity	NOUN
taxlaw-2799	856	90	date	date	NOUN
taxlaw-2799	856	91	and	and	CCONJ
taxlaw-2799	856	92	recovery	recovery	NOUN
taxlaw-2799	856	93	rate;78	rate;78	PROPN
taxlaw-2799	857	1	the	the	DET
taxlaw-2799	857	2	notional	notional	ADJ
taxlaw-2799	857	3	principal	principal	ADJ
taxlaw-2799	857	4	amount	amount	NOUN
taxlaw-2799	857	5	;	;	PUNCT
taxlaw-2799	857	6	and	and	CCONJ
taxlaw-2799	857	7	the	the	DET
taxlaw-2799	857	8	currency	currency	NOUN
taxlaw-2799	857	9	–	–	PUNCT
taxlaw-2799	857	10	and	and	CCONJ
taxlaw-2799	857	11	out	out	ADP
taxlaw-2799	857	12	pops	pop	VERB
taxlaw-2799	857	13	a	a	DET
taxlaw-2799	857	14	number	number	NOUN
taxlaw-2799	857	15	.	.	PUNCT
taxlaw-2799	858	1	note	note	VERB
taxlaw-2799	858	2	that	that	SCONJ
taxlaw-2799	858	3	the	the	DET
taxlaw-2799	858	4	simplified	simplified	ADJ
taxlaw-2799	858	5	assumptions	assumption	NOUN
taxlaw-2799	858	6	used	use	VERB
taxlaw-2799	858	7	by	by	ADP
taxlaw-2799	858	8	the	the	DET
taxlaw-2799	858	9	converter	converter	NOUN
taxlaw-2799	858	10	with	with	ADP
taxlaw-2799	858	11	respect	respect	NOUN
taxlaw-2799	858	12	to	to	ADP
taxlaw-2799	858	13	the	the	DET
taxlaw-2799	858	14	discount	discount	NOUN
taxlaw-2799	858	15	and	and	CCONJ
taxlaw-2799	858	16	survival	survival	NOUN
taxlaw-2799	858	17	curve	curve	NOUN
taxlaw-2799	858	18	are	be	AUX
taxlaw-2799	858	19	likely	likely	ADJ
taxlaw-2799	858	20	to	to	PART
taxlaw-2799	858	21	differ	differ	VERB
taxlaw-2799	858	22	from	from	ADP
taxlaw-2799	858	23	the	the	DET
taxlaw-2799	858	24	inputs	input	NOUN
taxlaw-2799	858	25	used	use	VERB
taxlaw-2799	858	26	by	by	ADP
taxlaw-2799	858	27	the	the	DET
taxlaw-2799	858	28	parties	party	NOUN
taxlaw-2799	858	29	when	when	SCONJ
taxlaw-2799	858	30	agreeing	agree	VERB
taxlaw-2799	858	31	on	on	ADP
taxlaw-2799	858	32	the	the	DET
taxlaw-2799	858	33	market	market	NOUN
taxlaw-2799	858	34	quoted	quote	VERB
taxlaw-2799	858	35	level	level	NOUN
taxlaw-2799	858	36	.	.	PUNCT
taxlaw-2799	859	1	for	for	ADP
taxlaw-2799	859	2	example	example	NOUN
taxlaw-2799	859	3	,	,	PUNCT
taxlaw-2799	859	4	because	because	SCONJ
taxlaw-2799	859	5	the	the	DET
taxlaw-2799	859	6	market	market	NOUN
taxlaw-2799	859	7	quoted	quote	VERB
taxlaw-2799	859	8	level	level	NOUN
taxlaw-2799	859	9	for	for	ADP
taxlaw-2799	859	10	cds	cd	NOUN
taxlaw-2799	859	11	on	on	ADP
taxlaw-2799	859	12	reference	reference	NOUN
taxlaw-2799	859	13	entities	entity	NOUN
taxlaw-2799	859	14	x	x	X
taxlaw-2799	859	15	and	and	CCONJ
taxlaw-2799	859	16	y	y	PROPN
taxlaw-2799	859	17	described	describe	VERB
taxlaw-2799	859	18	above	above	ADV
taxlaw-2799	859	19	is	be	AUX
taxlaw-2799	859	20	the	the	DET
taxlaw-2799	859	21	same	same	ADJ
taxlaw-2799	859	22	,	,	PUNCT
taxlaw-2799	859	23	the	the	DET
taxlaw-2799	859	24	converter	converter	NOUN
taxlaw-2799	859	25	would	would	AUX
taxlaw-2799	859	26	assume	assume	VERB
taxlaw-2799	859	27	that	that	SCONJ
taxlaw-2799	859	28	the	the	DET
taxlaw-2799	859	29	survival	survival	NOUN
taxlaw-2799	859	30	curve	curve	NOUN
taxlaw-2799	859	31	for	for	ADP
taxlaw-2799	859	32	reference	reference	NOUN
taxlaw-2799	859	33	entities	entity	NOUN
taxlaw-2799	859	34	x	x	PUNCT
taxlaw-2799	859	35	and	and	CCONJ
taxlaw-2799	859	36	y	y	PROPN
taxlaw-2799	859	37	is	be	AUX
taxlaw-2799	859	38	also	also	ADV
taxlaw-2799	859	39	the	the	DET
taxlaw-2799	859	40	same	same	ADJ
taxlaw-2799	859	41	.	.	PUNCT
taxlaw-2799	860	1	this	this	DET
taxlaw-2799	860	2	76	76	NUM
taxlaw-2799	860	3	the	the	DET
taxlaw-2799	860	4	standard	standard	ADJ
taxlaw-2799	860	5	upfront	upfront	ADJ
taxlaw-2799	860	6	calculator	calculator	NOUN
taxlaw-2799	860	7	was	be	AUX
taxlaw-2799	860	8	developed	develop	VERB
taxlaw-2799	860	9	by	by	ADP
taxlaw-2799	860	10	isda	isda	NOUN
taxlaw-2799	860	11	.	.	PUNCT
taxlaw-2799	861	1	markit	markit	NOUN
taxlaw-2799	861	2	helpfully	helpfully	ADV
taxlaw-2799	861	3	provides	provide	VERB
taxlaw-2799	861	4	a	a	DET
taxlaw-2799	861	5	“	"	PUNCT
taxlaw-2799	861	6	converter	converter	NOUN
taxlaw-2799	861	7	”	"	PUNCT
taxlaw-2799	861	8	on	on	ADP
taxlaw-2799	861	9	its	its	PRON
taxlaw-2799	861	10	website	website	NOUN
taxlaw-2799	861	11	that	that	PRON
taxlaw-2799	861	12	requires	require	VERB
taxlaw-2799	861	13	inputting	inputte	VERB
taxlaw-2799	861	14	only	only	ADV
taxlaw-2799	861	15	the	the	DET
taxlaw-2799	861	16	variables	variable	NOUN
taxlaw-2799	861	17	described	describe	VERB
taxlaw-2799	861	18	in	in	ADP
taxlaw-2799	861	19	the	the	DET
taxlaw-2799	861	20	text	text	NOUN
taxlaw-2799	861	21	above	above	ADV
taxlaw-2799	861	22	.	.	PUNCT
taxlaw-2799	862	1	see	see	VERB
taxlaw-2799	862	2	markit	markit	NOUN
taxlaw-2799	862	3	cds	cd	NOUN
taxlaw-2799	862	4	,	,	PUNCT
taxlaw-2799	862	5	http://www.markit.com/cds	http://www.markit.com/cds	PROPN
taxlaw-2799	862	6	(	(	PUNCT
taxlaw-2799	862	7	last	last	ADV
taxlaw-2799	862	8	visited	visit	VERB
taxlaw-2799	862	9	dec	dec	PROPN
taxlaw-2799	862	10	.	.	PROPN
taxlaw-2799	862	11	31	31	NUM
taxlaw-2799	862	12	,	,	PUNCT
taxlaw-2799	862	13	2010	2010	NUM
taxlaw-2799	862	14	)	)	PUNCT
taxlaw-2799	862	15	.	.	PUNCT
taxlaw-2799	863	1	77	77	NUM
taxlaw-2799	863	2	in	in	ADP
taxlaw-2799	863	3	particular	particular	ADJ
taxlaw-2799	863	4	,	,	PUNCT
taxlaw-2799	863	5	the	the	DET
taxlaw-2799	863	6	converter	converter	NOUN
taxlaw-2799	863	7	uses	use	VERB
taxlaw-2799	863	8	a	a	DET
taxlaw-2799	863	9	yield	yield	NOUN
taxlaw-2799	863	10	curve	curve	NOUN
taxlaw-2799	863	11	derived	derive	VERB
taxlaw-2799	863	12	from	from	ADP
taxlaw-2799	863	13	certain	certain	ADJ
taxlaw-2799	863	14	money	money	NOUN
taxlaw-2799	863	15	market	market	NOUN
taxlaw-2799	863	16	deposits	deposit	NOUN
taxlaw-2799	863	17	and	and	CCONJ
taxlaw-2799	863	18	interest	interest	NOUN
taxlaw-2799	863	19	rate	rate	NOUN
taxlaw-2799	863	20	swaps	swap	NOUN
taxlaw-2799	863	21	maturing	mature	VERB
taxlaw-2799	863	22	at	at	ADP
taxlaw-2799	863	23	different	different	ADJ
taxlaw-2799	863	24	times	time	NOUN
taxlaw-2799	863	25	and	and	CCONJ
taxlaw-2799	863	26	using	use	VERB
taxlaw-2799	863	27	flat	flat	ADJ
taxlaw-2799	863	28	forward	forward	ADJ
taxlaw-2799	863	29	rates	rate	NOUN
taxlaw-2799	863	30	to	to	PART
taxlaw-2799	863	31	determine	determine	VERB
taxlaw-2799	863	32	the	the	DET
taxlaw-2799	863	33	yield	yield	NOUN
taxlaw-2799	863	34	for	for	ADP
taxlaw-2799	863	35	interpolated	interpolate	VERB
taxlaw-2799	863	36	dates	date	NOUN
taxlaw-2799	863	37	(	(	PUNCT
taxlaw-2799	863	38	dates	date	NOUN
taxlaw-2799	863	39	on	on	ADP
taxlaw-2799	863	40	which	which	PRON
taxlaw-2799	863	41	no	no	DET
taxlaw-2799	863	42	deposit	deposit	NOUN
taxlaw-2799	863	43	or	or	CCONJ
taxlaw-2799	863	44	swap	swap	NOUN
taxlaw-2799	863	45	matures	mature	NOUN
taxlaw-2799	863	46	)	)	PUNCT
taxlaw-2799	863	47	.	.	PUNCT
taxlaw-2799	864	1	the	the	DET
taxlaw-2799	864	2	converter	converter	NOUN
taxlaw-2799	864	3	also	also	ADV
taxlaw-2799	864	4	derives	derive	VERB
taxlaw-2799	864	5	an	an	DET
taxlaw-2799	864	6	assumed	assumed	ADJ
taxlaw-2799	864	7	probability	probability	NOUN
taxlaw-2799	864	8	of	of	ADP
taxlaw-2799	864	9	default	default	NOUN
taxlaw-2799	864	10	for	for	ADP
taxlaw-2799	864	11	a	a	DET
taxlaw-2799	864	12	series	series	NOUN
taxlaw-2799	864	13	of	of	ADP
taxlaw-2799	864	14	specified	specified	ADJ
taxlaw-2799	864	15	dates	date	NOUN
taxlaw-2799	864	16	(	(	PUNCT
taxlaw-2799	864	17	the	the	DET
taxlaw-2799	864	18	survival	survival	NOUN
taxlaw-2799	864	19	curve)—analogous	curve)—analogous	ADJ
taxlaw-2799	864	20	to	to	ADP
taxlaw-2799	864	21	looking	look	VERB
taxlaw-2799	864	22	at	at	ADP
taxlaw-2799	864	23	interest	interest	NOUN
taxlaw-2799	864	24	rates	rate	NOUN
taxlaw-2799	864	25	for	for	ADP
taxlaw-2799	864	26	specified	specified	ADJ
taxlaw-2799	864	27	dates	date	NOUN
taxlaw-2799	864	28	—	—	PUNCT
taxlaw-2799	864	29	and	and	CCONJ
taxlaw-2799	864	30	assumes	assume	VERB
taxlaw-2799	864	31	that	that	SCONJ
taxlaw-2799	864	32	the	the	DET
taxlaw-2799	864	33	probability	probability	NOUN
taxlaw-2799	864	34	of	of	ADP
taxlaw-2799	864	35	default	default	NOUN
taxlaw-2799	864	36	is	be	AUX
taxlaw-2799	864	37	constant	constant	ADJ
taxlaw-2799	864	38	between	between	ADP
taxlaw-2799	864	39	those	those	DET
taxlaw-2799	864	40	dates	date	NOUN
taxlaw-2799	864	41	.	.	PUNCT
taxlaw-2799	865	1	the	the	DET
taxlaw-2799	865	2	probability	probability	NOUN
taxlaw-2799	865	3	of	of	ADP
taxlaw-2799	865	4	default	default	NOUN
taxlaw-2799	865	5	is	be	AUX
taxlaw-2799	865	6	determined	determine	VERB
taxlaw-2799	865	7	by	by	ADP
taxlaw-2799	865	8	reference	reference	NOUN
taxlaw-2799	865	9	to	to	ADP
taxlaw-2799	865	10	the	the	DET
taxlaw-2799	865	11	ratio	ratio	NOUN
taxlaw-2799	865	12	between	between	ADP
taxlaw-2799	865	13	the	the	DET
taxlaw-2799	865	14	risk	risk	NOUN
taxlaw-2799	865	15	-	-	PUNCT
taxlaw-2799	865	16	free	free	ADJ
taxlaw-2799	865	17	interest	interest	NOUN
taxlaw-2799	865	18	rate	rate	NOUN
taxlaw-2799	865	19	and	and	CCONJ
taxlaw-2799	865	20	the	the	DET
taxlaw-2799	865	21	credit	credit	NOUN
taxlaw-2799	865	22	spread	spread	VERB
taxlaw-2799	865	23	for	for	ADP
taxlaw-2799	865	24	the	the	DET
taxlaw-2799	865	25	particular	particular	ADJ
taxlaw-2799	865	26	reference	reference	NOUN
taxlaw-2799	865	27	entity	entity	NOUN
taxlaw-2799	865	28	.	.	PUNCT
taxlaw-2799	866	1	the	the	DET
taxlaw-2799	866	2	assumed	assume	VERB
taxlaw-2799	866	3	yield	yield	NOUN
taxlaw-2799	866	4	curve	curve	NOUN
taxlaw-2799	866	5	and	and	CCONJ
taxlaw-2799	866	6	survival	survival	NOUN
taxlaw-2799	866	7	curve	curve	NOUN
taxlaw-2799	866	8	are	be	AUX
taxlaw-2799	866	9	then	then	ADV
taxlaw-2799	866	10	input	input	ADJ
taxlaw-2799	866	11	into	into	ADP
taxlaw-2799	866	12	a	a	DET
taxlaw-2799	866	13	formula	formula	NOUN
taxlaw-2799	866	14	that	that	PRON
taxlaw-2799	866	15	is	be	AUX
taxlaw-2799	866	16	beyond	beyond	ADP
taxlaw-2799	866	17	me	i	PRON
taxlaw-2799	866	18	to	to	PART
taxlaw-2799	866	19	describe	describe	VERB
taxlaw-2799	866	20	,	,	PUNCT
taxlaw-2799	866	21	having	having	AUX
taxlaw-2799	866	22	cheerfully	cheerfully	ADV
taxlaw-2799	866	23	forgotten	forget	VERB
taxlaw-2799	866	24	all	all	DET
taxlaw-2799	866	25	the	the	DET
taxlaw-2799	866	26	calculus	calculus	NOUN
taxlaw-2799	866	27	i	i	PRON
taxlaw-2799	866	28	ever	ever	ADV
taxlaw-2799	866	29	knew	know	VERB
taxlaw-2799	866	30	.	.	PUNCT
taxlaw-2799	867	1	78	78	NUM
taxlaw-2799	867	2	the	the	DET
taxlaw-2799	867	3	“	"	PUNCT
taxlaw-2799	867	4	recovery	recovery	NOUN
taxlaw-2799	867	5	rate	rate	NOUN
taxlaw-2799	867	6	”	"	PUNCT
taxlaw-2799	867	7	is	be	AUX
taxlaw-2799	867	8	the	the	DET
taxlaw-2799	867	9	amount	amount	NOUN
taxlaw-2799	867	10	that	that	PRON
taxlaw-2799	867	11	a	a	DET
taxlaw-2799	867	12	holder	holder	NOUN
taxlaw-2799	867	13	of	of	ADP
taxlaw-2799	867	14	a	a	DET
taxlaw-2799	867	15	debt	debt	NOUN
taxlaw-2799	867	16	instrument	instrument	NOUN
taxlaw-2799	867	17	would	would	AUX
taxlaw-2799	867	18	recover	recover	VERB
taxlaw-2799	867	19	in	in	ADP
taxlaw-2799	867	20	bankruptcy	bankruptcy	NOUN
taxlaw-2799	867	21	.	.	PUNCT
taxlaw-2799	868	1	for	for	ADP
taxlaw-2799	868	2	purposes	purpose	NOUN
taxlaw-2799	868	3	of	of	ADP
taxlaw-2799	868	4	the	the	DET
taxlaw-2799	868	5	upfront	upfront	ADJ
taxlaw-2799	868	6	calculator	calculator	NOUN
taxlaw-2799	868	7	,	,	PUNCT
taxlaw-2799	868	8	the	the	DET
taxlaw-2799	868	9	recovery	recovery	NOUN
taxlaw-2799	868	10	rate	rate	NOUN
taxlaw-2799	868	11	input	input	NOUN
taxlaw-2799	868	12	for	for	ADP
taxlaw-2799	868	13	senior	senior	ADJ
taxlaw-2799	868	14	debt	debt	NOUN
taxlaw-2799	868	15	is	be	AUX
taxlaw-2799	868	16	assumed	assume	VERB
taxlaw-2799	868	17	to	to	PART
taxlaw-2799	868	18	be	be	AUX
taxlaw-2799	868	19	40	40	NUM
taxlaw-2799	868	20	%	%	NOUN
taxlaw-2799	868	21	,	,	PUNCT
taxlaw-2799	868	22	and	and	CCONJ
taxlaw-2799	868	23	for	for	ADP
taxlaw-2799	868	24	subordinated	subordinated	ADJ
taxlaw-2799	868	25	debt	debt	NOUN
taxlaw-2799	868	26	it	it	PRON
taxlaw-2799	868	27	is	be	AUX
taxlaw-2799	868	28	assumed	assume	VERB
taxlaw-2799	868	29	to	to	PART
taxlaw-2799	868	30	be	be	AUX
taxlaw-2799	868	31	25	25	NUM
taxlaw-2799	868	32	%	%	NOUN
taxlaw-2799	868	33	.	.	PUNCT
taxlaw-2799	869	1	42	42	NUM
taxlaw-2799	869	2	columbia	columbia	PROPN
taxlaw-2799	869	3	jour	jour	PROPN
taxlaw-2799	869	4	al	al	PROPN
taxlaw-2799	869	5	of	of	ADP
taxlaw-2799	869	6	tax	tax	NOUN
taxlaw-2799	869	7	law	law	NOUN
taxlaw-2799	869	8	[	[	X
taxlaw-2799	869	9	vol	vol	NOUN
taxlaw-2799	869	10	.	.	PUNCT
taxlaw-2799	869	11	2:1	2:1	NUM
taxlaw-2799	870	1	divergence	divergence	NOUN
taxlaw-2799	870	2	from	from	ADP
taxlaw-2799	870	3	more	more	ADV
taxlaw-2799	870	4	realistic	realistic	ADJ
taxlaw-2799	870	5	assumptions	assumption	NOUN
taxlaw-2799	870	6	does	do	AUX
taxlaw-2799	870	7	not	not	PART
taxlaw-2799	870	8	matter	matter	VERB
taxlaw-2799	870	9	on	on	ADP
taxlaw-2799	870	10	the	the	DET
taxlaw-2799	870	11	trade	trade	NOUN
taxlaw-2799	870	12	date	date	NOUN
taxlaw-2799	870	13	,	,	PUNCT
taxlaw-2799	870	14	but	but	CCONJ
taxlaw-2799	870	15	as	as	SCONJ
taxlaw-2799	870	16	discussed	discuss	VERB
taxlaw-2799	870	17	below	below	ADV
taxlaw-2799	870	18	can	can	AUX
taxlaw-2799	870	19	affect	affect	VERB
taxlaw-2799	870	20	the	the	DET
taxlaw-2799	870	21	amount	amount	NOUN
taxlaw-2799	870	22	of	of	ADP
taxlaw-2799	870	23	variation	variation	NOUN
taxlaw-2799	870	24	margin	margin	NOUN
taxlaw-2799	870	25	paid	pay	VERB
taxlaw-2799	870	26	during	during	ADP
taxlaw-2799	870	27	the	the	DET
taxlaw-2799	870	28	term	term	NOUN
taxlaw-2799	870	29	of	of	ADP
taxlaw-2799	870	30	the	the	DET
taxlaw-2799	870	31	cds	cd	NOUN
taxlaw-2799	870	32	.	.	PUNCT
taxlaw-2799	871	1	in	in	ADP
taxlaw-2799	871	2	the	the	DET
taxlaw-2799	871	3	case	case	NOUN
taxlaw-2799	871	4	of	of	ADP
taxlaw-2799	871	5	an	an	DET
taxlaw-2799	871	6	otc	otc	PROPN
taxlaw-2799	871	7	-	-	PUNCT
taxlaw-2799	871	8	only	only	ADV
taxlaw-2799	871	9	cds	cd	NOUN
taxlaw-2799	871	10	,	,	PUNCT
taxlaw-2799	871	11	the	the	DET
taxlaw-2799	871	12	parties	party	NOUN
taxlaw-2799	871	13	are	be	AUX
taxlaw-2799	871	14	not	not	PART
taxlaw-2799	871	15	bound	bind	VERB
taxlaw-2799	871	16	to	to	PART
taxlaw-2799	871	17	use	use	VERB
taxlaw-2799	871	18	the	the	DET
taxlaw-2799	871	19	same	same	ADJ
taxlaw-2799	871	20	assumptions	assumption	NOUN
taxlaw-2799	871	21	or	or	CCONJ
taxlaw-2799	871	22	methodology	methodology	NOUN
taxlaw-2799	871	23	as	as	ADP
taxlaw-2799	871	24	the	the	DET
taxlaw-2799	871	25	converter	converter	NOUN
taxlaw-2799	871	26	described	describe	VERB
taxlaw-2799	871	27	above	above	ADV
taxlaw-2799	871	28	in	in	ADP
taxlaw-2799	871	29	order	order	NOUN
taxlaw-2799	871	30	to	to	PART
taxlaw-2799	871	31	determine	determine	VERB
taxlaw-2799	871	32	initial	initial	ADJ
taxlaw-2799	871	33	margin	margin	NOUN
taxlaw-2799	871	34	for	for	ADP
taxlaw-2799	871	35	the	the	DET
taxlaw-2799	871	36	cds	cd	NOUN
taxlaw-2799	871	37	,	,	PUNCT
taxlaw-2799	871	38	but	but	CCONJ
taxlaw-2799	871	39	typically	typically	ADV
taxlaw-2799	871	40	will	will	AUX
taxlaw-2799	871	41	in	in	ADP
taxlaw-2799	871	42	fact	fact	NOUN
taxlaw-2799	871	43	follow	follow	VERB
taxlaw-2799	871	44	the	the	DET
taxlaw-2799	871	45	isda	isda	NOUN
taxlaw-2799	871	46	-	-	PUNCT
taxlaw-2799	871	47	recommended	recommend	VERB
taxlaw-2799	871	48	guidelines	guideline	NOUN
taxlaw-2799	871	49	.	.	PUNCT
taxlaw-2799	872	1	(	(	PUNCT
taxlaw-2799	872	2	c	c	X
taxlaw-2799	872	3	)	)	PUNCT
taxlaw-2799	872	4	examples	example	NOUN
taxlaw-2799	872	5	.	.	PUNCT
taxlaw-2799	873	1	it	it	PRON
taxlaw-2799	873	2	is	be	AUX
taxlaw-2799	873	3	helpful	helpful	ADJ
taxlaw-2799	873	4	in	in	ADP
taxlaw-2799	873	5	understanding	understand	VERB
taxlaw-2799	873	6	how	how	SCONJ
taxlaw-2799	873	7	the	the	DET
taxlaw-2799	873	8	standard	standard	ADJ
taxlaw-2799	873	9	converter	converter	NOUN
taxlaw-2799	873	10	described	describe	VERB
taxlaw-2799	873	11	above	above	ADP
taxlaw-2799	873	12	works	work	NOUN
taxlaw-2799	873	13	to	to	PART
taxlaw-2799	873	14	see	see	VERB
taxlaw-2799	873	15	some	some	DET
taxlaw-2799	873	16	examples.79	examples.79	NOUN
taxlaw-2799	873	17	in	in	ADP
taxlaw-2799	873	18	each	each	PRON
taxlaw-2799	873	19	of	of	ADP
taxlaw-2799	873	20	these	these	DET
taxlaw-2799	873	21	examples	example	NOUN
taxlaw-2799	873	22	,	,	PUNCT
taxlaw-2799	873	23	party	party	NOUN
taxlaw-2799	873	24	a	a	DET
taxlaw-2799	873	25	buys	buy	NOUN
taxlaw-2799	873	26	protection	protection	NOUN
taxlaw-2799	873	27	from	from	ADP
taxlaw-2799	873	28	bank	bank	PROPN
taxlaw-2799	873	29	(	(	PUNCT
taxlaw-2799	873	30	and	and	CCONJ
taxlaw-2799	873	31	so	so	ADV
taxlaw-2799	873	32	pays	pay	VERB
taxlaw-2799	873	33	coupons	coupon	NOUN
taxlaw-2799	873	34	to	to	ADP
taxlaw-2799	873	35	bank	bank	VERB
taxlaw-2799	873	36	)	)	PUNCT
taxlaw-2799	873	37	on	on	ADP
taxlaw-2799	873	38	xyz	xyz	PROPN
taxlaw-2799	873	39	corp	corp	PROPN
taxlaw-2799	873	40	.	.	PROPN
taxlaw-2799	873	41	as	as	ADP
taxlaw-2799	873	42	reference	reference	NOUN
taxlaw-2799	873	43	entity	entity	NOUN
taxlaw-2799	873	44	;	;	PUNCT
taxlaw-2799	873	45	the	the	DET
taxlaw-2799	873	46	notional	notional	ADJ
taxlaw-2799	873	47	amount	amount	NOUN
taxlaw-2799	873	48	is	be	AUX
taxlaw-2799	873	49	$	$	SYM
taxlaw-2799	873	50	10	10	NUM
taxlaw-2799	873	51	million	million	NUM
taxlaw-2799	873	52	;	;	PUNCT
taxlaw-2799	873	53	the	the	DET
taxlaw-2799	873	54	cds	cd	NOUN
taxlaw-2799	873	55	has	have	VERB
taxlaw-2799	873	56	a	a	DET
taxlaw-2799	873	57	term	term	NOUN
taxlaw-2799	873	58	of	of	ADP
taxlaw-2799	873	59	5	5	NUM
taxlaw-2799	873	60	years	year	NOUN
taxlaw-2799	873	61	;	;	PUNCT
taxlaw-2799	873	62	and	and	CCONJ
taxlaw-2799	873	63	the	the	DET
taxlaw-2799	873	64	market	market	NOUN
taxlaw-2799	873	65	coupon	coupon	NOUN
taxlaw-2799	873	66	and	and	CCONJ
taxlaw-2799	873	67	the	the	DET
taxlaw-2799	873	68	standard	standard	ADJ
taxlaw-2799	873	69	coupon	coupon	NOUN
taxlaw-2799	873	70	differ	differ	VERB
taxlaw-2799	873	71	by	by	ADP
taxlaw-2799	873	72	75	75	NUM
taxlaw-2799	873	73	basis	basis	NOUN
taxlaw-2799	873	74	points	point	NOUN
taxlaw-2799	873	75	.	.	PUNCT
taxlaw-2799	874	1	example	example	NOUN
taxlaw-2799	874	2	1	1	NUM
taxlaw-2799	874	3	(	(	PUNCT
taxlaw-2799	874	4	standard	standard	ADJ
taxlaw-2799	874	5	coupon	coupon	NOUN
taxlaw-2799	874	6	75	75	NUM
taxlaw-2799	874	7	basis	basis	NOUN
taxlaw-2799	874	8	points	point	NOUN
taxlaw-2799	874	9	below	below	ADP
taxlaw-2799	874	10	market	market	NOUN
taxlaw-2799	874	11	level	level	NOUN
taxlaw-2799	874	12	)	)	PUNCT
taxlaw-2799	874	13	•	•	ADP
taxlaw-2799	874	14	underlying	underlie	VERB
taxlaw-2799	874	15	market	market	NOUN
taxlaw-2799	874	16	level	level	NOUN
taxlaw-2799	874	17	575	575	NUM
taxlaw-2799	874	18	basis	basis	NOUN
taxlaw-2799	874	19	points	point	NOUN
taxlaw-2799	874	20	,	,	PUNCT
taxlaw-2799	874	21	standard	standard	ADJ
taxlaw-2799	874	22	coupon	coupon	NOUN
taxlaw-2799	874	23	500	500	NUM
taxlaw-2799	874	24	basis	basis	NOUN
taxlaw-2799	874	25	points	point	NOUN
taxlaw-2799	874	26	•	•	DET
taxlaw-2799	874	27	party	party	NOUN
taxlaw-2799	874	28	a1	a1	NOUN
taxlaw-2799	874	29	(	(	PUNCT
taxlaw-2799	874	30	buyer	buyer	NOUN
taxlaw-2799	874	31	of	of	ADP
taxlaw-2799	874	32	cds	cd	NOUN
taxlaw-2799	874	33	)	)	PUNCT
taxlaw-2799	874	34	pays	pay	VERB
taxlaw-2799	874	35	$	$	SYM
taxlaw-2799	874	36	244,000	244,000	NUM
taxlaw-2799	874	37	upfront	upfront	NOUN
taxlaw-2799	874	38	,	,	PUNCT
taxlaw-2799	874	39	and	and	CCONJ
taxlaw-2799	874	40	pays	pay	VERB
taxlaw-2799	874	41	500	500	NUM
taxlaw-2799	874	42	basis	basis	NOUN
taxlaw-2799	874	43	points	point	NOUN
taxlaw-2799	874	44	per	per	ADP
taxlaw-2799	874	45	year	year	NOUN
taxlaw-2799	874	46	example	example	NOUN
taxlaw-2799	874	47	2	2	NUM
taxlaw-2799	874	48	(	(	PUNCT
taxlaw-2799	874	49	standard	standard	ADJ
taxlaw-2799	874	50	coupon	coupon	NOUN
taxlaw-2799	874	51	75	75	NUM
taxlaw-2799	874	52	basis	basis	NOUN
taxlaw-2799	874	53	points	point	NOUN
taxlaw-2799	874	54	below	below	ADP
taxlaw-2799	874	55	market	market	NOUN
taxlaw-2799	874	56	level	level	NOUN
taxlaw-2799	874	57	)	)	PUNCT
taxlaw-2799	874	58	•	•	ADP
taxlaw-2799	874	59	underlying	underlie	VERB
taxlaw-2799	874	60	market	market	NOUN
taxlaw-2799	874	61	level	level	NOUN
taxlaw-2799	874	62	175	175	NUM
taxlaw-2799	874	63	basis	basis	NOUN
taxlaw-2799	874	64	points	point	NOUN
taxlaw-2799	874	65	,	,	PUNCT
taxlaw-2799	874	66	standard	standard	ADJ
taxlaw-2799	874	67	coupon	coupon	NOUN
taxlaw-2799	874	68	100	100	NUM
taxlaw-2799	874	69	basis	basis	NOUN
taxlaw-2799	874	70	points	point	NOUN
taxlaw-2799	874	71	•	•	PRON
taxlaw-2799	874	72	party	party	NOUN
taxlaw-2799	874	73	a2	a2	PROPN
taxlaw-2799	874	74	(	(	PUNCT
taxlaw-2799	874	75	buyer	buyer	NOUN
taxlaw-2799	874	76	of	of	ADP
taxlaw-2799	874	77	cds	cd	NOUN
taxlaw-2799	874	78	)	)	PUNCT
taxlaw-2799	874	79	pays	pay	VERB
taxlaw-2799	874	80	$	$	SYM
taxlaw-2799	874	81	335,000	335,000	NUM
taxlaw-2799	874	82	upfront	upfront	NOUN
taxlaw-2799	874	83	,	,	PUNCT
taxlaw-2799	874	84	and	and	CCONJ
taxlaw-2799	874	85	pays	pay	VERB
taxlaw-2799	874	86	100	100	NUM
taxlaw-2799	874	87	basis	basis	NOUN
taxlaw-2799	874	88	points	point	NOUN
taxlaw-2799	874	89	per	per	ADP
taxlaw-2799	874	90	year	year	NOUN
taxlaw-2799	874	91	example	example	NOUN
taxlaw-2799	874	92	3	3	NUM
taxlaw-2799	874	93	(	(	PUNCT
taxlaw-2799	874	94	standard	standard	ADJ
taxlaw-2799	874	95	coupon	coupon	NOUN
taxlaw-2799	874	96	75	75	NUM
taxlaw-2799	874	97	basis	basis	NOUN
taxlaw-2799	874	98	points	point	NOUN
taxlaw-2799	874	99	above	above	ADP
taxlaw-2799	874	100	market	market	NOUN
taxlaw-2799	874	101	level	level	NOUN
taxlaw-2799	874	102	)	)	PUNCT
taxlaw-2799	874	103	•	•	ADP
taxlaw-2799	874	104	underlying	underlie	VERB
taxlaw-2799	874	105	market	market	NOUN
taxlaw-2799	874	106	level	level	NOUN
taxlaw-2799	874	107	25	25	NUM
taxlaw-2799	874	108	basis	basis	NOUN
taxlaw-2799	874	109	points	point	NOUN
taxlaw-2799	874	110	,	,	PUNCT
taxlaw-2799	874	111	standard	standard	ADJ
taxlaw-2799	874	112	coupon	coupon	NOUN
taxlaw-2799	874	113	100	100	NUM
taxlaw-2799	874	114	basis	basis	NOUN
taxlaw-2799	874	115	points	point	NOUN
taxlaw-2799	874	116	•	•	PRON
taxlaw-2799	874	117	party	party	NOUN
taxlaw-2799	874	118	a3	a3	NOUN
taxlaw-2799	874	119	(	(	PUNCT
taxlaw-2799	874	120	buyer	buyer	NOUN
taxlaw-2799	874	121	of	of	ADP
taxlaw-2799	874	122	cds	cd	NOUN
taxlaw-2799	874	123	)	)	PUNCT
taxlaw-2799	874	124	receives	receive	VERB
taxlaw-2799	874	125	(	(	PUNCT
taxlaw-2799	874	126	not	not	PART
taxlaw-2799	874	127	pays	pay	VERB
taxlaw-2799	874	128	)	)	PUNCT
taxlaw-2799	874	129	$	$	SYM
taxlaw-2799	874	130	377,000	377,000	NUM
taxlaw-2799	874	131	upfront	upfront	NOUN
taxlaw-2799	874	132	,	,	PUNCT
taxlaw-2799	874	133	and	and	CCONJ
taxlaw-2799	874	134	pays	pay	VERB
taxlaw-2799	874	135	100	100	NUM
taxlaw-2799	874	136	basis	basis	NOUN
taxlaw-2799	874	137	points	point	NOUN
taxlaw-2799	874	138	per	per	ADP
taxlaw-2799	874	139	year	year	NOUN
taxlaw-2799	874	140	it	it	PRON
taxlaw-2799	874	141	is	be	AUX
taxlaw-2799	874	142	worth	worth	ADJ
taxlaw-2799	874	143	dwelling	dwell	VERB
taxlaw-2799	874	144	on	on	ADP
taxlaw-2799	874	145	these	these	DET
taxlaw-2799	874	146	examples	example	NOUN
taxlaw-2799	874	147	for	for	ADP
taxlaw-2799	874	148	a	a	DET
taxlaw-2799	874	149	few	few	ADJ
taxlaw-2799	874	150	minutes	minute	NOUN
taxlaw-2799	874	151	.	.	PUNCT
taxlaw-2799	875	1	first	first	ADV
taxlaw-2799	875	2	,	,	PUNCT
taxlaw-2799	875	3	if	if	SCONJ
taxlaw-2799	875	4	we	we	PRON
taxlaw-2799	875	5	compare	compare	VERB
taxlaw-2799	875	6	examples	example	NOUN
taxlaw-2799	875	7	1	1	NUM
taxlaw-2799	875	8	and	and	CCONJ
taxlaw-2799	875	9	2	2	NUM
taxlaw-2799	875	10	,	,	PUNCT
taxlaw-2799	875	11	which	which	PRON
taxlaw-2799	875	12	both	both	PRON
taxlaw-2799	875	13	involve	involve	VERB
taxlaw-2799	875	14	cases	case	NOUN
taxlaw-2799	875	15	where	where	SCONJ
taxlaw-2799	875	16	the	the	DET
taxlaw-2799	875	17	market	market	NOUN
taxlaw-2799	875	18	quoted	quote	VERB
taxlaw-2799	875	19	level	level	NOUN
taxlaw-2799	875	20	is	be	AUX
taxlaw-2799	875	21	75	75	NUM
taxlaw-2799	875	22	basis	basis	NOUN
taxlaw-2799	875	23	points	point	NOUN
taxlaw-2799	875	24	above	above	ADP
taxlaw-2799	875	25	the	the	DET
taxlaw-2799	875	26	standard	standard	ADJ
taxlaw-2799	875	27	coupon	coupon	NOUN
taxlaw-2799	875	28	,	,	PUNCT
taxlaw-2799	875	29	we	we	PRON
taxlaw-2799	875	30	see	see	VERB
taxlaw-2799	875	31	that	that	SCONJ
taxlaw-2799	875	32	the	the	DET
taxlaw-2799	875	33	upfront	upfront	ADJ
taxlaw-2799	875	34	payment	payment	NOUN
taxlaw-2799	875	35	is	be	AUX
taxlaw-2799	875	36	less	less	ADJ
taxlaw-2799	875	37	for	for	ADP
taxlaw-2799	875	38	cds	cd	NOUN
taxlaw-2799	875	39	#	#	SYM
taxlaw-2799	875	40	1	1	NUM
taxlaw-2799	875	41	,	,	PUNCT
taxlaw-2799	875	42	where	where	SCONJ
taxlaw-2799	875	43	the	the	DET
taxlaw-2799	875	44	standard	standard	ADJ
taxlaw-2799	875	45	coupon	coupon	NOUN
taxlaw-2799	875	46	is	be	AUX
taxlaw-2799	875	47	500	500	NUM
taxlaw-2799	875	48	basis	basis	NOUN
taxlaw-2799	875	49	points	point	NOUN
taxlaw-2799	875	50	than	than	ADP
taxlaw-2799	875	51	for	for	ADP
taxlaw-2799	875	52	cds	cd	NOUN
taxlaw-2799	875	53	#	#	SYM
taxlaw-2799	875	54	2	2	NUM
taxlaw-2799	875	55	,	,	PUNCT
taxlaw-2799	875	56	where	where	SCONJ
taxlaw-2799	875	57	the	the	DET
taxlaw-2799	875	58	standard	standard	ADJ
taxlaw-2799	875	59	coupon	coupon	NOUN
taxlaw-2799	875	60	is	be	AUX
taxlaw-2799	875	61	100	100	NUM
taxlaw-2799	875	62	basis	basis	NOUN
taxlaw-2799	875	63	points	point	NOUN
taxlaw-2799	875	64	.	.	PUNCT
taxlaw-2799	876	1	that	that	PRON
taxlaw-2799	876	2	is	be	AUX
taxlaw-2799	876	3	because	because	SCONJ
taxlaw-2799	876	4	the	the	DET
taxlaw-2799	876	5	implied	imply	VERB
taxlaw-2799	876	6	risk	risk	NOUN
taxlaw-2799	876	7	that	that	SCONJ
taxlaw-2799	876	8	there	there	PRON
taxlaw-2799	876	9	will	will	AUX
taxlaw-2799	876	10	be	be	AUX
taxlaw-2799	876	11	a	a	DET
taxlaw-2799	876	12	credit	credit	NOUN
taxlaw-2799	876	13	event	event	NOUN
taxlaw-2799	876	14	with	with	ADP
taxlaw-2799	876	15	respect	respect	NOUN
taxlaw-2799	876	16	to	to	ADP
taxlaw-2799	876	17	the	the	DET
taxlaw-2799	876	18	reference	reference	NOUN
taxlaw-2799	876	19	entity	entity	NOUN
taxlaw-2799	876	20	during	during	ADP
taxlaw-2799	876	21	the	the	DET
taxlaw-2799	876	22	term	term	NOUN
taxlaw-2799	876	23	of	of	ADP
taxlaw-2799	876	24	the	the	DET
taxlaw-2799	876	25	cds	cd	NOUN
taxlaw-2799	876	26	is	be	AUX
taxlaw-2799	876	27	higher	high	ADJ
taxlaw-2799	876	28	for	for	ADP
taxlaw-2799	876	29	cds	cd	NOUN
taxlaw-2799	876	30	#	#	SYM
taxlaw-2799	876	31	1	1	NUM
taxlaw-2799	876	32	than	than	ADP
taxlaw-2799	876	33	for	for	ADP
taxlaw-2799	876	34	cds	cd	NOUN
taxlaw-2799	876	35	#	#	SYM
taxlaw-2799	876	36	2	2	NUM
taxlaw-2799	876	37	.	.	PUNCT
taxlaw-2799	877	1	since	since	SCONJ
taxlaw-2799	877	2	coupon	coupon	NOUN
taxlaw-2799	877	3	payments	payment	NOUN
taxlaw-2799	877	4	will	will	AUX
taxlaw-2799	877	5	cease	cease	VERB
taxlaw-2799	877	6	to	to	PART
taxlaw-2799	877	7	be	be	AUX
taxlaw-2799	877	8	paid	pay	VERB
taxlaw-2799	877	9	if	if	SCONJ
taxlaw-2799	877	10	there	there	PRON
taxlaw-2799	877	11	is	be	VERB
taxlaw-2799	877	12	a	a	DET
taxlaw-2799	877	13	credit	credit	NOUN
taxlaw-2799	877	14	event	event	NOUN
taxlaw-2799	877	15	,	,	PUNCT
taxlaw-2799	877	16	the	the	DET
taxlaw-2799	877	17	value	value	NOUN
taxlaw-2799	877	18	of	of	ADP
taxlaw-2799	877	19	the	the	DET
taxlaw-2799	877	20	right	right	NOUN
taxlaw-2799	877	21	to	to	PART
taxlaw-2799	877	22	receive	receive	VERB
taxlaw-2799	877	23	the	the	DET
taxlaw-2799	877	24	“	"	PUNCT
taxlaw-2799	877	25	missing	missing	ADJ
taxlaw-2799	877	26	”	"	PUNCT
taxlaw-2799	877	27	stream	stream	NOUN
taxlaw-2799	877	28	of	of	ADP
taxlaw-2799	877	29	75	75	NUM
taxlaw-2799	877	30	basis	basis	NOUN
taxlaw-2799	877	31	point	point	NOUN
taxlaw-2799	877	32	periodic	periodic	ADJ
taxlaw-2799	877	33	payments	payment	NOUN
taxlaw-2799	877	34	is	be	AUX
taxlaw-2799	877	35	less	less	ADJ
taxlaw-2799	877	36	for	for	ADP
taxlaw-2799	877	37	cds	cd	NOUN
taxlaw-2799	877	38	#	#	SYM
taxlaw-2799	877	39	1	1	NUM
taxlaw-2799	877	40	than	than	ADP
taxlaw-2799	877	41	for	for	ADP
taxlaw-2799	877	42	cds	cd	NOUN
taxlaw-2799	877	43	#	#	SYM
taxlaw-2799	877	44	2	2	NUM
taxlaw-2799	877	45	.	.	PUNCT
taxlaw-2799	877	46	to	to	PART
taxlaw-2799	877	47	put	put	VERB
taxlaw-2799	877	48	this	this	PRON
taxlaw-2799	877	49	differently	differently	ADV
taxlaw-2799	877	50	,	,	PUNCT
taxlaw-2799	877	51	as	as	ADP
taxlaw-2799	877	52	an	an	DET
taxlaw-2799	877	53	economic	economic	ADJ
taxlaw-2799	877	54	matter	matter	NOUN
taxlaw-2799	877	55	one	one	PRON
taxlaw-2799	877	56	can	can	AUX
taxlaw-2799	877	57	not	not	PART
taxlaw-2799	877	58	simply	simply	ADV
taxlaw-2799	877	59	translate	translate	VERB
taxlaw-2799	877	60	the	the	DET
taxlaw-2799	877	61	upfront	upfront	ADJ
taxlaw-2799	877	62	payments	payment	NOUN
taxlaw-2799	877	63	on	on	ADP
taxlaw-2799	877	64	these	these	DET
taxlaw-2799	877	65	cds	cd	NOUN
taxlaw-2799	877	66	into	into	ADP
taxlaw-2799	877	67	a	a	DET
taxlaw-2799	877	68	5	5	NUM
taxlaw-2799	877	69	-	-	PUNCT
taxlaw-2799	877	70	year	year	NOUN
taxlaw-2799	877	71	annuity	annuity	NOUN
taxlaw-2799	877	72	paying	pay	VERB
taxlaw-2799	877	73	75	75	NUM
taxlaw-2799	877	74	basis	basis	NOUN
taxlaw-2799	877	75	points	point	NOUN
taxlaw-2799	877	76	on	on	ADP
taxlaw-2799	877	77	a	a	DET
taxlaw-2799	877	78	periodic	periodic	ADJ
taxlaw-2799	877	79	basis	basis	NOUN
taxlaw-2799	877	80	,	,	PUNCT
taxlaw-2799	877	81	because	because	SCONJ
taxlaw-2799	877	82	the	the	DET
taxlaw-2799	877	83	risk	risk	NOUN
taxlaw-2799	877	84	that	that	SCONJ
taxlaw-2799	877	85	the	the	DET
taxlaw-2799	877	86	annuity	annuity	NOUN
taxlaw-2799	877	87	will	will	AUX
taxlaw-2799	877	88	be	be	AUX
taxlaw-2799	877	89	79	79	NUM
taxlaw-2799	877	90	these	these	DET
taxlaw-2799	877	91	examples	example	NOUN
taxlaw-2799	877	92	assume	assume	VERB
taxlaw-2799	877	93	that	that	SCONJ
taxlaw-2799	877	94	the	the	DET
taxlaw-2799	877	95	risk	risk	NOUN
taxlaw-2799	877	96	-	-	PUNCT
taxlaw-2799	877	97	free	free	ADJ
taxlaw-2799	877	98	interest	interest	NOUN
taxlaw-2799	877	99	curve	curve	NOUN
taxlaw-2799	877	100	is	be	AUX
taxlaw-2799	877	101	the	the	DET
taxlaw-2799	877	102	same	same	ADJ
taxlaw-2799	877	103	in	in	ADP
taxlaw-2799	877	104	each	each	DET
taxlaw-2799	877	105	case	case	NOUN
taxlaw-2799	877	106	,	,	PUNCT
taxlaw-2799	877	107	another	another	DET
taxlaw-2799	877	108	“	"	PUNCT
taxlaw-2799	877	109	unrealistic	unrealistic	ADJ
taxlaw-2799	877	110	”	"	PUNCT
taxlaw-2799	877	111	assumption	assumption	NOUN
taxlaw-2799	877	112	.	.	PUNCT
taxlaw-2799	878	1	see	see	VERB
taxlaw-2799	878	2	attached	attach	VERB
taxlaw-2799	878	3	diagram	diagram	NOUN
taxlaw-2799	878	4	for	for	ADP
taxlaw-2799	878	5	illustrations	illustration	NOUN
taxlaw-2799	878	6	of	of	ADP
taxlaw-2799	878	7	these	these	DET
taxlaw-2799	878	8	examples	example	NOUN
taxlaw-2799	878	9	.	.	PUNCT
taxlaw-2799	879	1	2011	2011	NUM
taxlaw-2799	879	2	]	]	PUNCT
taxlaw-2799	879	3	ew	ew	AUX
taxlaw-2799	879	4	tax	tax	NOUN
taxlaw-2799	879	5	issues	issue	NOUN
taxlaw-2799	879	6	arisi	arisi	VERB
taxlaw-2799	879	7	g	g	PROPN
taxlaw-2799	879	8	from	from	ADP
taxlaw-2799	879	9	the	the	DET
taxlaw-2799	879	10	dodd	dodd	NOUN
taxlaw-2799	879	11	-	-	PUNCT
taxlaw-2799	879	12	fra	fra	PROPN
taxlaw-2799	879	13	k	k	PROPN
taxlaw-2799	879	14	act	act	VERB
taxlaw-2799	879	15	43	43	NUM
taxlaw-2799	879	16	cut	cut	NOUN
taxlaw-2799	879	17	short	short	ADJ
taxlaw-2799	879	18	is	be	AUX
taxlaw-2799	879	19	significant	significant	ADJ
taxlaw-2799	879	20	enough	enough	ADV
taxlaw-2799	879	21	to	to	PART
taxlaw-2799	879	22	affect	affect	VERB
taxlaw-2799	879	23	the	the	DET
taxlaw-2799	879	24	value	value	NOUN
taxlaw-2799	879	25	of	of	ADP
taxlaw-2799	879	26	the	the	DET
taxlaw-2799	879	27	annuity	annuity	NOUN
taxlaw-2799	879	28	.	.	PUNCT
taxlaw-2799	880	1	moreover	moreover	ADV
taxlaw-2799	880	2	,	,	PUNCT
taxlaw-2799	880	3	given	give	VERB
taxlaw-2799	880	4	the	the	DET
taxlaw-2799	880	5	path	path	NOUN
taxlaw-2799	880	6	-	-	PUNCT
taxlaw-2799	880	7	dependent	dependent	ADJ
taxlaw-2799	880	8	nature	nature	NOUN
taxlaw-2799	880	9	of	of	ADP
taxlaw-2799	880	10	the	the	DET
taxlaw-2799	880	11	default	default	NOUN
taxlaw-2799	880	12	probability	probability	NOUN
taxlaw-2799	880	13	curve	curve	NOUN
taxlaw-2799	880	14	,	,	PUNCT
taxlaw-2799	880	15	it	it	PRON
taxlaw-2799	880	16	would	would	AUX
taxlaw-2799	880	17	be	be	AUX
taxlaw-2799	880	18	a	a	DET
taxlaw-2799	880	19	simplification	simplification	NOUN
taxlaw-2799	880	20	to	to	PART
taxlaw-2799	880	21	treat	treat	VERB
taxlaw-2799	880	22	the	the	DET
taxlaw-2799	880	23	upfront	upfront	ADJ
taxlaw-2799	880	24	payment	payment	NOUN
taxlaw-2799	880	25	as	as	ADP
taxlaw-2799	880	26	representing	represent	VERB
taxlaw-2799	880	27	the	the	DET
taxlaw-2799	880	28	present	present	ADJ
taxlaw-2799	880	29	value	value	NOUN
taxlaw-2799	880	30	of	of	ADP
taxlaw-2799	880	31	a	a	DET
taxlaw-2799	880	32	stream	stream	NOUN
taxlaw-2799	880	33	of	of	ADP
taxlaw-2799	880	34	75	75	NUM
taxlaw-2799	880	35	basis	basis	NOUN
taxlaw-2799	880	36	point	point	NOUN
taxlaw-2799	880	37	amounts	amount	VERB
taxlaw-2799	880	38	to	to	ADP
taxlaw-2799	880	39	a	a	DET
taxlaw-2799	880	40	fixed	fix	VERB
taxlaw-2799	880	41	date	date	NOUN
taxlaw-2799	880	42	,	,	PUNCT
taxlaw-2799	880	43	say	say	VERB
taxlaw-2799	880	44	year	year	NOUN
taxlaw-2799	880	45	3	3	NUM
taxlaw-2799	880	46	for	for	ADP
taxlaw-2799	880	47	cds	cd	NOUN
taxlaw-2799	880	48	#	#	SYM
taxlaw-2799	880	49	1	1	NUM
taxlaw-2799	880	50	and	and	CCONJ
taxlaw-2799	880	51	year	year	NOUN
taxlaw-2799	880	52	4	4	NUM
taxlaw-2799	880	53	for	for	ADP
taxlaw-2799	880	54	cds	cd	NOUN
taxlaw-2799	880	55	#	#	SYM
taxlaw-2799	880	56	2	2	NUM
taxlaw-2799	880	57	.	.	PUNCT
taxlaw-2799	881	1	consider	consider	VERB
taxlaw-2799	881	2	the	the	DET
taxlaw-2799	881	3	example	example	NOUN
taxlaw-2799	881	4	referred	refer	VERB
taxlaw-2799	881	5	to	to	ADP
taxlaw-2799	881	6	above	above	ADP
taxlaw-2799	881	7	of	of	ADP
taxlaw-2799	881	8	issuer	issuer	NOUN
taxlaw-2799	881	9	x	x	NOUN
taxlaw-2799	881	10	,	,	PUNCT
taxlaw-2799	881	11	which	which	PRON
taxlaw-2799	881	12	may	may	AUX
taxlaw-2799	881	13	fail	fail	VERB
taxlaw-2799	881	14	in	in	ADP
taxlaw-2799	881	15	year	year	NOUN
taxlaw-2799	881	16	3	3	NUM
taxlaw-2799	881	17	but	but	CCONJ
taxlaw-2799	881	18	if	if	SCONJ
taxlaw-2799	881	19	it	it	PRON
taxlaw-2799	881	20	survives	survive	VERB
taxlaw-2799	881	21	is	be	AUX
taxlaw-2799	881	22	likely	likely	ADJ
taxlaw-2799	881	23	to	to	PART
taxlaw-2799	881	24	be	be	AUX
taxlaw-2799	881	25	in	in	ADP
taxlaw-2799	881	26	stronger	strong	ADJ
taxlaw-2799	881	27	condition	condition	NOUN
taxlaw-2799	881	28	in	in	ADP
taxlaw-2799	881	29	year	year	NOUN
taxlaw-2799	881	30	4	4	NUM
taxlaw-2799	881	31	.	.	PUNCT
taxlaw-2799	882	1	given	give	VERB
taxlaw-2799	882	2	those	those	DET
taxlaw-2799	882	3	facts	fact	NOUN
taxlaw-2799	882	4	,	,	PUNCT
taxlaw-2799	882	5	the	the	DET
taxlaw-2799	882	6	foregone	foregone	NOUN
taxlaw-2799	882	7	right	right	NOUN
taxlaw-2799	882	8	to	to	PART
taxlaw-2799	882	9	receive	receive	VERB
taxlaw-2799	882	10	75	75	NUM
taxlaw-2799	882	11	basis	basis	NOUN
taxlaw-2799	882	12	points	point	NOUN
taxlaw-2799	882	13	in	in	ADP
taxlaw-2799	882	14	year	year	NOUN
taxlaw-2799	882	15	4	4	NUM
taxlaw-2799	882	16	will	will	AUX
taxlaw-2799	882	17	have	have	VERB
taxlaw-2799	882	18	some	some	DET
taxlaw-2799	882	19	current	current	ADJ
taxlaw-2799	882	20	value	value	NOUN
taxlaw-2799	882	21	for	for	ADP
taxlaw-2799	882	22	both	both	DET
taxlaw-2799	882	23	cds	cd	NOUN
taxlaw-2799	882	24	#	#	SYM
taxlaw-2799	882	25	1	1	NUM
taxlaw-2799	882	26	and	and	CCONJ
taxlaw-2799	882	27	#	#	SYM
taxlaw-2799	882	28	2	2	NUM
taxlaw-2799	882	29	,	,	PUNCT
taxlaw-2799	882	30	but	but	CCONJ
taxlaw-2799	882	31	a	a	DET
taxlaw-2799	882	32	different	different	ADJ
taxlaw-2799	882	33	value	value	NOUN
taxlaw-2799	882	34	.	.	PUNCT
taxlaw-2799	883	1	examples	example	NOUN
taxlaw-2799	883	2	2	2	NUM
taxlaw-2799	883	3	and	and	CCONJ
taxlaw-2799	883	4	3	3	NUM
taxlaw-2799	883	5	demonstrate	demonstrate	VERB
taxlaw-2799	883	6	the	the	DET
taxlaw-2799	883	7	same	same	ADJ
taxlaw-2799	883	8	point	point	NOUN
taxlaw-2799	883	9	.	.	PUNCT
taxlaw-2799	884	1	because	because	SCONJ
taxlaw-2799	884	2	the	the	DET
taxlaw-2799	884	3	risk	risk	NOUN
taxlaw-2799	884	4	of	of	ADP
taxlaw-2799	884	5	a	a	DET
taxlaw-2799	884	6	credit	credit	NOUN
taxlaw-2799	884	7	event	event	NOUN
taxlaw-2799	884	8	for	for	ADP
taxlaw-2799	884	9	cds	cd	NOUN
taxlaw-2799	884	10	#	#	SYM
taxlaw-2799	884	11	3	3	NUM
taxlaw-2799	884	12	is	be	AUX
taxlaw-2799	884	13	considered	consider	VERB
taxlaw-2799	884	14	very	very	ADV
taxlaw-2799	884	15	low	low	ADJ
taxlaw-2799	884	16	,	,	PUNCT
taxlaw-2799	884	17	the	the	DET
taxlaw-2799	884	18	value	value	NOUN
taxlaw-2799	884	19	of	of	ADP
taxlaw-2799	884	20	the	the	DET
taxlaw-2799	884	21	upfront	upfront	ADJ
taxlaw-2799	884	22	payment	payment	NOUN
taxlaw-2799	884	23	is	be	AUX
taxlaw-2799	884	24	higher	high	ADJ
taxlaw-2799	884	25	for	for	ADP
taxlaw-2799	884	26	cds	cd	NOUN
taxlaw-2799	884	27	#	#	SYM
taxlaw-2799	884	28	3	3	NUM
taxlaw-2799	884	29	than	than	ADP
taxlaw-2799	884	30	for	for	ADP
taxlaw-2799	884	31	cds	cd	NOUN
taxlaw-2799	884	32	#	#	SYM
taxlaw-2799	884	33	2	2	NUM
taxlaw-2799	884	34	.	.	PUNCT
taxlaw-2799	885	1	moreover	moreover	ADV
taxlaw-2799	885	2	,	,	PUNCT
taxlaw-2799	885	3	since	since	SCONJ
taxlaw-2799	885	4	the	the	DET
taxlaw-2799	885	5	coupons	coupons	PROPN
taxlaw-2799	885	6	party	party	NOUN
taxlaw-2799	885	7	a3	a3	NOUN
taxlaw-2799	885	8	will	will	AUX
taxlaw-2799	885	9	pay	pay	VERB
taxlaw-2799	885	10	are	be	AUX
taxlaw-2799	885	11	higher	high	ADJ
taxlaw-2799	885	12	than	than	ADP
taxlaw-2799	885	13	the	the	DET
taxlaw-2799	885	14	true	true	ADJ
taxlaw-2799	885	15	cost	cost	NOUN
taxlaw-2799	885	16	of	of	ADP
taxlaw-2799	885	17	the	the	DET
taxlaw-2799	885	18	protection	protection	NOUN
taxlaw-2799	885	19	party	party	PROPN
taxlaw-2799	885	20	a3	a3	NOUN
taxlaw-2799	885	21	is	be	AUX
taxlaw-2799	885	22	buying	buy	VERB
taxlaw-2799	885	23	,	,	PUNCT
taxlaw-2799	885	24	party	party	NOUN
taxlaw-2799	885	25	a3	a3	NOUN
taxlaw-2799	885	26	will	will	AUX
taxlaw-2799	885	27	receive	receive	VERB
taxlaw-2799	885	28	rather	rather	ADV
taxlaw-2799	885	29	than	than	ADP
taxlaw-2799	885	30	pay	pay	VERB
taxlaw-2799	885	31	the	the	DET
taxlaw-2799	885	32	upfront	upfront	ADJ
taxlaw-2799	885	33	amount	amount	NOUN
taxlaw-2799	885	34	.	.	PUNCT
taxlaw-2799	886	1	this	this	DET
taxlaw-2799	886	2	last	last	ADJ
taxlaw-2799	886	3	point	point	NOUN
taxlaw-2799	886	4	is	be	AUX
taxlaw-2799	886	5	not	not	PART
taxlaw-2799	886	6	unique	unique	ADJ
taxlaw-2799	886	7	to	to	ADP
taxlaw-2799	886	8	cds	cd	NOUN
taxlaw-2799	886	9	;	;	PUNCT
taxlaw-2799	886	10	the	the	DET
taxlaw-2799	886	11	same	same	ADJ
taxlaw-2799	886	12	would	would	AUX
taxlaw-2799	886	13	be	be	AUX
taxlaw-2799	886	14	true	true	ADJ
taxlaw-2799	886	15	if	if	SCONJ
taxlaw-2799	886	16	party	party	NOUN
taxlaw-2799	886	17	a3	a3	NOUN
taxlaw-2799	886	18	were	be	AUX
taxlaw-2799	886	19	a	a	DET
taxlaw-2799	886	20	party	party	NOUN
taxlaw-2799	886	21	to	to	ADP
taxlaw-2799	886	22	an	an	DET
taxlaw-2799	886	23	interest	interest	NOUN
taxlaw-2799	886	24	rate	rate	NOUN
taxlaw-2799	886	25	swap	swap	NOUN
taxlaw-2799	886	26	and	and	CCONJ
taxlaw-2799	886	27	had	have	AUX
taxlaw-2799	886	28	agreed	agree	VERB
taxlaw-2799	886	29	to	to	PART
taxlaw-2799	886	30	pay	pay	VERB
taxlaw-2799	886	31	an	an	DET
taxlaw-2799	886	32	above	above	ADJ
taxlaw-2799	886	33	-	-	PUNCT
taxlaw-2799	886	34	market	market	NOUN
taxlaw-2799	886	35	coupon	coupon	NOUN
taxlaw-2799	886	36	.	.	PUNCT
taxlaw-2799	887	1	it	it	PRON
taxlaw-2799	887	2	is	be	AUX
taxlaw-2799	887	3	less	less	ADV
taxlaw-2799	887	4	intuitive	intuitive	ADJ
taxlaw-2799	887	5	,	,	PUNCT
taxlaw-2799	887	6	however	however	ADV
taxlaw-2799	887	7	,	,	PUNCT
taxlaw-2799	887	8	as	as	SCONJ
taxlaw-2799	887	9	one	one	PRON
taxlaw-2799	887	10	tends	tend	VERB
taxlaw-2799	887	11	to	to	PART
taxlaw-2799	887	12	think	think	VERB
taxlaw-2799	887	13	of	of	ADP
taxlaw-2799	887	14	party	party	NOUN
taxlaw-2799	887	15	a3	a3	NOUN
taxlaw-2799	887	16	as	as	ADP
taxlaw-2799	887	17	buying	buy	VERB
taxlaw-2799	887	18	the	the	DET
taxlaw-2799	887	19	right	right	NOUN
taxlaw-2799	887	20	to	to	ADP
taxlaw-2799	887	21	a	a	DET
taxlaw-2799	887	22	potential	potential	ADJ
taxlaw-2799	887	23	future	future	ADJ
taxlaw-2799	887	24	cash	cash	NOUN
taxlaw-2799	887	25	settlement	settlement	NOUN
taxlaw-2799	887	26	payment	payment	NOUN
taxlaw-2799	887	27	on	on	ADP
taxlaw-2799	887	28	the	the	DET
taxlaw-2799	887	29	cds	cd	NOUN
taxlaw-2799	887	30	,	,	PUNCT
taxlaw-2799	887	31	and	and	CCONJ
taxlaw-2799	887	32	therefore	therefore	ADV
taxlaw-2799	887	33	as	as	ADP
taxlaw-2799	887	34	a	a	DET
taxlaw-2799	887	35	payor	payor	NOUN
taxlaw-2799	887	36	rather	rather	ADV
taxlaw-2799	887	37	than	than	ADP
taxlaw-2799	887	38	a	a	DET
taxlaw-2799	887	39	payee	payee	NOUN
taxlaw-2799	887	40	prior	prior	ADV
taxlaw-2799	887	41	to	to	ADP
taxlaw-2799	887	42	a	a	DET
taxlaw-2799	887	43	credit	credit	NOUN
taxlaw-2799	887	44	event	event	NOUN
taxlaw-2799	887	45	.	.	PUNCT
taxlaw-2799	888	1	(	(	PUNCT
taxlaw-2799	888	2	d	d	X
taxlaw-2799	888	3	)	)	PUNCT
taxlaw-2799	888	4	mark	mark	NOUN
taxlaw-2799	888	5	-	-	PUNCT
taxlaw-2799	888	6	to	to	ADP
taxlaw-2799	888	7	-	-	PUNCT
taxlaw-2799	888	8	market	market	NOUN
taxlaw-2799	888	9	;	;	PUNCT
taxlaw-2799	888	10	collateral	collateral	NOUN
taxlaw-2799	888	11	.	.	PUNCT
taxlaw-2799	889	1	as	as	SCONJ
taxlaw-2799	889	2	described	describe	VERB
taxlaw-2799	889	3	earlier	early	ADV
taxlaw-2799	889	4	,	,	PUNCT
taxlaw-2799	889	5	once	once	SCONJ
taxlaw-2799	889	6	the	the	DET
taxlaw-2799	889	7	parties	party	NOUN
taxlaw-2799	889	8	have	have	AUX
taxlaw-2799	889	9	entered	enter	VERB
taxlaw-2799	889	10	into	into	ADP
taxlaw-2799	889	11	a	a	DET
taxlaw-2799	889	12	standardized	standardized	ADJ
taxlaw-2799	889	13	cds	cd	NOUN
taxlaw-2799	889	14	and	and	CCONJ
taxlaw-2799	889	15	it	it	PRON
taxlaw-2799	889	16	has	have	AUX
taxlaw-2799	889	17	been	be	AUX
taxlaw-2799	889	18	accepted	accept	VERB
taxlaw-2799	889	19	for	for	ADP
taxlaw-2799	889	20	clearing	clearing	NOUN
taxlaw-2799	889	21	,	,	PUNCT
taxlaw-2799	889	22	on	on	ADP
taxlaw-2799	889	23	a	a	DET
taxlaw-2799	889	24	going	go	VERB
taxlaw-2799	889	25	-	-	PUNCT
taxlaw-2799	889	26	forward	forward	NOUN
taxlaw-2799	889	27	basis	basis	NOUN
taxlaw-2799	889	28	the	the	DET
taxlaw-2799	889	29	cds	cd	NOUN
taxlaw-2799	889	30	will	will	AUX
taxlaw-2799	889	31	be	be	AUX
taxlaw-2799	889	32	marked	mark	VERB
taxlaw-2799	889	33	to	to	PART
taxlaw-2799	889	34	market	market	VERB
taxlaw-2799	889	35	on	on	ADP
taxlaw-2799	889	36	a	a	DET
taxlaw-2799	889	37	daily	daily	ADJ
taxlaw-2799	889	38	basis	basis	NOUN
taxlaw-2799	889	39	.	.	PUNCT
taxlaw-2799	890	1	the	the	DET
taxlaw-2799	890	2	mark	mark	NOUN
taxlaw-2799	890	3	-	-	PUNCT
taxlaw-2799	890	4	to	to	ADP
taxlaw-2799	890	5	-	-	PUNCT
taxlaw-2799	890	6	market	market	NOUN
taxlaw-2799	890	7	value	value	NOUN
taxlaw-2799	890	8	of	of	ADP
taxlaw-2799	890	9	each	each	DET
taxlaw-2799	890	10	trade	trade	NOUN
taxlaw-2799	890	11	is	be	AUX
taxlaw-2799	890	12	calculated	calculate	VERB
taxlaw-2799	890	13	by	by	ADP
taxlaw-2799	890	14	estimating	estimate	VERB
taxlaw-2799	890	15	the	the	DET
taxlaw-2799	890	16	value	value	NOUN
taxlaw-2799	890	17	of	of	ADP
taxlaw-2799	890	18	the	the	DET
taxlaw-2799	890	19	difference	difference	NOUN
taxlaw-2799	890	20	between	between	ADP
taxlaw-2799	890	21	the	the	DET
taxlaw-2799	890	22	standard	standard	ADJ
taxlaw-2799	890	23	coupon	coupon	NOUN
taxlaw-2799	890	24	and	and	CCONJ
taxlaw-2799	890	25	the	the	DET
taxlaw-2799	890	26	underlying	underlie	VERB
taxlaw-2799	890	27	market	market	NOUN
taxlaw-2799	890	28	quoted	quote	VERB
taxlaw-2799	890	29	level	level	NOUN
taxlaw-2799	890	30	at	at	ADP
taxlaw-2799	890	31	which	which	PRON
taxlaw-2799	890	32	the	the	DET
taxlaw-2799	890	33	same	same	ADJ
taxlaw-2799	890	34	trade	trade	NOUN
taxlaw-2799	890	35	could	could	AUX
taxlaw-2799	890	36	be	be	AUX
taxlaw-2799	890	37	executed	execute	VERB
taxlaw-2799	890	38	on	on	ADP
taxlaw-2799	890	39	the	the	DET
taxlaw-2799	890	40	current	current	ADJ
taxlaw-2799	890	41	date	date	NOUN
taxlaw-2799	890	42	,	,	PUNCT
taxlaw-2799	890	43	using	use	VERB
taxlaw-2799	890	44	the	the	DET
taxlaw-2799	890	45	converter	converter	NOUN
taxlaw-2799	890	46	to	to	PART
taxlaw-2799	890	47	determine	determine	VERB
taxlaw-2799	890	48	the	the	DET
taxlaw-2799	890	49	then	then	ADV
taxlaw-2799	890	50	-	-	PUNCT
taxlaw-2799	890	51	value	value	NOUN
taxlaw-2799	890	52	of	of	ADP
taxlaw-2799	890	53	the	the	DET
taxlaw-2799	890	54	cds	cd	NOUN
taxlaw-2799	890	55	.	.	PUNCT
taxlaw-2799	891	1	the	the	DET
taxlaw-2799	891	2	mark	mark	NOUN
taxlaw-2799	891	3	-	-	PUNCT
taxlaw-2799	891	4	to	to	ADP
taxlaw-2799	891	5	-	-	PUNCT
taxlaw-2799	891	6	market	market	NOUN
taxlaw-2799	891	7	is	be	AUX
taxlaw-2799	891	8	the	the	DET
taxlaw-2799	891	9	same	same	ADJ
taxlaw-2799	891	10	for	for	ADP
taxlaw-2799	891	11	both	both	DET
taxlaw-2799	891	12	parties	party	NOUN
taxlaw-2799	891	13	,	,	PUNCT
taxlaw-2799	891	14	positive	positive	ADJ
taxlaw-2799	891	15	to	to	ADP
taxlaw-2799	891	16	one	one	NUM
taxlaw-2799	891	17	party	party	NOUN
taxlaw-2799	891	18	(	(	PUNCT
taxlaw-2799	891	19	treated	treat	VERB
taxlaw-2799	891	20	as	as	ADP
taxlaw-2799	891	21	the	the	DET
taxlaw-2799	891	22	“	"	PUNCT
taxlaw-2799	891	23	in	in	ADP
taxlaw-2799	891	24	-	-	PUNCT
taxlaw-2799	891	25	the	the	DET
taxlaw-2799	891	26	-	-	PUNCT
taxlaw-2799	891	27	money	money	NOUN
taxlaw-2799	891	28	”	"	PUNCT
taxlaw-2799	891	29	party	party	NOUN
taxlaw-2799	891	30	)	)	PUNCT
taxlaw-2799	891	31	and	and	CCONJ
taxlaw-2799	891	32	negative	negative	ADJ
taxlaw-2799	891	33	to	to	ADP
taxlaw-2799	891	34	the	the	DET
taxlaw-2799	891	35	other	other	ADJ
taxlaw-2799	891	36	(	(	PUNCT
taxlaw-2799	891	37	treated	treat	VERB
taxlaw-2799	891	38	as	as	ADP
taxlaw-2799	891	39	the	the	DET
taxlaw-2799	891	40	“	"	PUNCT
taxlaw-2799	891	41	out	out	ADP
taxlaw-2799	891	42	-	-	PUNCT
taxlaw-2799	891	43	of	of	ADP
taxlaw-2799	891	44	-	-	PUNCT
taxlaw-2799	891	45	the	the	DET
taxlaw-2799	891	46	-	-	PUNCT
taxlaw-2799	891	47	money	money	NOUN
taxlaw-2799	891	48	”	"	PUNCT
taxlaw-2799	891	49	party	party	NOUN
taxlaw-2799	891	50	)	)	PUNCT
taxlaw-2799	891	51	.	.	PUNCT
taxlaw-2799	892	1	as	as	SCONJ
taxlaw-2799	892	2	described	describe	VERB
taxlaw-2799	892	3	above	above	ADV
taxlaw-2799	892	4	,	,	PUNCT
taxlaw-2799	892	5	variation	variation	NOUN
taxlaw-2799	892	6	margin	margin	NOUN
taxlaw-2799	892	7	will	will	AUX
taxlaw-2799	892	8	be	be	AUX
taxlaw-2799	892	9	paid	pay	VERB
taxlaw-2799	892	10	on	on	ADP
taxlaw-2799	892	11	a	a	DET
taxlaw-2799	892	12	daily	daily	ADJ
taxlaw-2799	892	13	basis	basis	NOUN
taxlaw-2799	892	14	by	by	ADP
taxlaw-2799	892	15	the	the	DET
taxlaw-2799	892	16	out	out	NOUN
taxlaw-2799	892	17	-	-	PUNCT
taxlaw-2799	892	18	of	of	ADP
taxlaw-2799	892	19	-	-	PUNCT
taxlaw-2799	892	20	the	the	DET
taxlaw-2799	892	21	-	-	PUNCT
taxlaw-2799	892	22	money	money	NOUN
taxlaw-2799	892	23	party	party	NOUN
taxlaw-2799	892	24	to	to	ADP
taxlaw-2799	892	25	the	the	DET
taxlaw-2799	892	26	in	in	ADP
taxlaw-2799	892	27	-	-	PUNCT
taxlaw-2799	892	28	the	the	DET
taxlaw-2799	892	29	-	-	PUNCT
taxlaw-2799	892	30	money	money	NOUN
taxlaw-2799	892	31	party	party	NOUN
taxlaw-2799	892	32	.	.	PUNCT
taxlaw-2799	893	1	a	a	DET
taxlaw-2799	893	2	less	less	ADV
taxlaw-2799	893	3	obvious	obvious	ADJ
taxlaw-2799	893	4	point	point	NOUN
taxlaw-2799	893	5	is	be	AUX
taxlaw-2799	893	6	that	that	SCONJ
taxlaw-2799	893	7	the	the	DET
taxlaw-2799	893	8	need	need	NOUN
taxlaw-2799	893	9	to	to	PART
taxlaw-2799	893	10	exchange	exchange	VERB
taxlaw-2799	893	11	variation	variation	NOUN
taxlaw-2799	893	12	margin	margin	NOUN
taxlaw-2799	893	13	(	(	PUNCT
taxlaw-2799	893	14	collateral	collateral	NOUN
taxlaw-2799	893	15	)	)	PUNCT
taxlaw-2799	893	16	is	be	AUX
taxlaw-2799	893	17	created	create	VERB
taxlaw-2799	893	18	immediately	immediately	ADV
taxlaw-2799	893	19	when	when	SCONJ
taxlaw-2799	893	20	the	the	DET
taxlaw-2799	893	21	parties	party	NOUN
taxlaw-2799	893	22	enter	enter	VERB
taxlaw-2799	893	23	into	into	ADP
taxlaw-2799	893	24	a	a	DET
taxlaw-2799	893	25	standard	standard	ADJ
taxlaw-2799	893	26	coupon	coupon	NOUN
taxlaw-2799	893	27	cds	cd	NOUN
taxlaw-2799	893	28	–	–	PUNCT
taxlaw-2799	893	29	that	that	ADV
taxlaw-2799	893	30	is	is	ADV
taxlaw-2799	893	31	,	,	PUNCT
taxlaw-2799	893	32	variation	variation	NOUN
taxlaw-2799	893	33	margin	margin	NOUN
taxlaw-2799	893	34	for	for	ADP
taxlaw-2799	893	35	a	a	DET
taxlaw-2799	893	36	standard	standard	ADJ
taxlaw-2799	893	37	coupon	coupon	NOUN
taxlaw-2799	893	38	cds	cd	NOUN
taxlaw-2799	893	39	reflects	reflect	VERB
taxlaw-2799	893	40	not	not	PART
taxlaw-2799	893	41	merely	merely	ADV
taxlaw-2799	893	42	changes	change	NOUN
taxlaw-2799	893	43	in	in	ADP
taxlaw-2799	893	44	value	value	NOUN
taxlaw-2799	893	45	on	on	ADP
taxlaw-2799	893	46	a	a	DET
taxlaw-2799	893	47	going	go	VERB
taxlaw-2799	893	48	-	-	PUNCT
taxlaw-2799	893	49	forward	forward	NOUN
taxlaw-2799	893	50	basis	basis	NOUN
taxlaw-2799	893	51	,	,	PUNCT
taxlaw-2799	893	52	but	but	CCONJ
taxlaw-2799	893	53	also	also	ADV
taxlaw-2799	893	54	the	the	DET
taxlaw-2799	893	55	terms	term	NOUN
taxlaw-2799	893	56	of	of	ADP
taxlaw-2799	893	57	the	the	DET
taxlaw-2799	893	58	cds	cd	NOUN
taxlaw-2799	893	59	at	at	ADP
taxlaw-2799	893	60	the	the	DET
taxlaw-2799	893	61	very	very	ADJ
taxlaw-2799	893	62	moment	moment	NOUN
taxlaw-2799	893	63	when	when	SCONJ
taxlaw-2799	893	64	entered	enter	VERB
taxlaw-2799	893	65	into	into	ADP
taxlaw-2799	893	66	.	.	PUNCT
taxlaw-2799	893	67	returning	return	VERB
taxlaw-2799	893	68	to	to	PART
taxlaw-2799	893	69	example	example	NOUN
taxlaw-2799	893	70	1	1	NUM
taxlaw-2799	893	71	above	above	ADV
taxlaw-2799	893	72	,	,	PUNCT
taxlaw-2799	893	73	the	the	DET
taxlaw-2799	893	74	cds	cd	NOUN
taxlaw-2799	893	75	is	be	AUX
taxlaw-2799	893	76	off	off	ADP
taxlaw-2799	893	77	-	-	PUNCT
taxlaw-2799	893	78	market	market	NOUN
taxlaw-2799	893	79	by	by	ADP
taxlaw-2799	893	80	$	$	SYM
taxlaw-2799	893	81	244,000	244,000	NUM
taxlaw-2799	893	82	when	when	SCONJ
taxlaw-2799	893	83	entered	enter	VERB
taxlaw-2799	893	84	into	into	ADP
taxlaw-2799	893	85	.	.	PUNCT
taxlaw-2799	894	1	ignoring	ignore	VERB
taxlaw-2799	894	2	the	the	DET
taxlaw-2799	894	3	upfront	upfront	ADJ
taxlaw-2799	894	4	payment	payment	NOUN
taxlaw-2799	894	5	,	,	PUNCT
taxlaw-2799	894	6	the	the	DET
taxlaw-2799	894	7	cds	cd	NOUN
taxlaw-2799	894	8	is	be	AUX
taxlaw-2799	894	9	in	in	ADP
taxlaw-2799	894	10	-	-	PUNCT
taxlaw-2799	894	11	the	the	DET
taxlaw-2799	894	12	-	-	PUNCT
taxlaw-2799	894	13	money	money	NOUN
taxlaw-2799	894	14	to	to	ADP
taxlaw-2799	894	15	party	party	NOUN
taxlaw-2799	894	16	a1	a1	NOUN
taxlaw-2799	894	17	(	(	PUNCT
taxlaw-2799	894	18	i.e.	i.e.	X
taxlaw-2799	894	19	,	,	PUNCT
taxlaw-2799	894	20	the	the	DET
taxlaw-2799	894	21	cds	cd	NOUN
taxlaw-2799	894	22	has	have	AUX
taxlaw-2799	894	23	“	"	PUNCT
taxlaw-2799	894	24	gained	gain	VERB
taxlaw-2799	894	25	”	"	PUNCT
taxlaw-2799	894	26	value	value	NOUN
taxlaw-2799	894	27	for	for	ADP
taxlaw-2799	894	28	party	party	NOUN
taxlaw-2799	894	29	a1	a1	NOUN
taxlaw-2799	894	30	compared	compare	VERB
taxlaw-2799	894	31	to	to	ADP
taxlaw-2799	894	32	a	a	DET
taxlaw-2799	894	33	cds	cd	NOUN
taxlaw-2799	894	34	with	with	ADP
taxlaw-2799	894	35	market	market	NOUN
taxlaw-2799	894	36	level	level	NOUN
taxlaw-2799	894	37	coupons	coupon	NOUN
taxlaw-2799	894	38	)	)	PUNCT
taxlaw-2799	894	39	,	,	PUNCT
taxlaw-2799	894	40	because	because	SCONJ
taxlaw-2799	894	41	party	party	NOUN
taxlaw-2799	894	42	a1	a1	NOUN
taxlaw-2799	894	43	is	be	AUX
taxlaw-2799	894	44	only	only	ADV
taxlaw-2799	894	45	required	require	VERB
taxlaw-2799	894	46	to	to	PART
taxlaw-2799	894	47	pay	pay	VERB
taxlaw-2799	894	48	500	500	NUM
taxlaw-2799	894	49	basis	basis	NOUN
taxlaw-2799	894	50	points	point	NOUN
taxlaw-2799	894	51	while	while	SCONJ
taxlaw-2799	894	52	the	the	DET
taxlaw-2799	894	53	market	market	NOUN
taxlaw-2799	894	54	level	level	NOUN
taxlaw-2799	894	55	is	be	AUX
taxlaw-2799	894	56	575	575	NUM
taxlaw-2799	894	57	basis	basis	NOUN
taxlaw-2799	894	58	points	point	NOUN
taxlaw-2799	894	59	.	.	PUNCT
taxlaw-2799	895	1	conversely	conversely	ADV
taxlaw-2799	895	2	,	,	PUNCT
taxlaw-2799	895	3	the	the	DET
taxlaw-2799	895	4	cds	cd	NOUN
taxlaw-2799	895	5	is	be	AUX
taxlaw-2799	895	6	out	out	ADV
taxlaw-2799	895	7	-	-	PUNCT
taxlaw-2799	895	8	of	of	ADP
taxlaw-2799	895	9	-	-	PUNCT
taxlaw-2799	895	10	themoney	themoney	NOUN
taxlaw-2799	895	11	to	to	ADP
taxlaw-2799	895	12	bank	bank	NOUN
taxlaw-2799	895	13	(	(	PUNCT
taxlaw-2799	895	14	i.e.	i.e.	X
taxlaw-2799	895	15	,	,	PUNCT
taxlaw-2799	895	16	the	the	DET
taxlaw-2799	895	17	cds	cd	NOUN
taxlaw-2799	895	18	has	have	AUX
taxlaw-2799	895	19	“	"	PUNCT
taxlaw-2799	895	20	lost	lose	VERB
taxlaw-2799	895	21	”	"	PUNCT
taxlaw-2799	895	22	value	value	NOUN
taxlaw-2799	895	23	for	for	ADP
taxlaw-2799	895	24	bank	bank	NOUN
taxlaw-2799	895	25	)	)	PUNCT
taxlaw-2799	895	26	.	.	PUNCT
taxlaw-2799	896	1	consequently	consequently	ADV
taxlaw-2799	896	2	,	,	PUNCT
taxlaw-2799	896	3	the	the	DET
taxlaw-2799	896	4	day	day	NOUN
taxlaw-2799	896	5	1	1	NUM
taxlaw-2799	896	6	mark	mark	NOUN
taxlaw-2799	896	7	-	-	PUNCT
taxlaw-2799	896	8	to	to	ADP
taxlaw-2799	896	9	-	-	PUNCT
taxlaw-2799	896	10	market	market	NOUN
taxlaw-2799	896	11	requires	require	VERB
taxlaw-2799	896	12	bank	bank	NOUN
taxlaw-2799	896	13	to	to	PART
taxlaw-2799	896	14	provide	provide	VERB
taxlaw-2799	896	15	$	$	SYM
taxlaw-2799	896	16	244,000	244,000	NUM
taxlaw-2799	896	17	of	of	ADP
taxlaw-2799	896	18	collateral	collateral	NOUN
taxlaw-2799	896	19	to	to	ADP
taxlaw-2799	896	20	party	party	NOUN
taxlaw-2799	896	21	a1	a1	NOUN
taxlaw-2799	896	22	.	.	PUNCT
taxlaw-2799	897	1	the	the	DET
taxlaw-2799	897	2	day	day	NOUN
taxlaw-2799	897	3	1	1	NUM
taxlaw-2799	897	4	cash	cash	NOUN
taxlaw-2799	897	5	flows	flow	NOUN
taxlaw-2799	897	6	—	—	PUNCT
taxlaw-2799	897	7	the	the	DET
taxlaw-2799	897	8	upfront	upfront	ADJ
taxlaw-2799	897	9	payment	payment	NOUN
taxlaw-2799	897	10	and	and	CCONJ
taxlaw-2799	897	11	the	the	DET
taxlaw-2799	897	12	corresponding	corresponding	ADJ
taxlaw-2799	897	13	variation	variation	NOUN
taxlaw-2799	897	14	margin	margin	NOUN
taxlaw-2799	897	15	—	—	PUNCT
taxlaw-2799	897	16	thus	thus	ADV
taxlaw-2799	897	17	net	net	ADJ
taxlaw-2799	897	18	to	to	ADP
taxlaw-2799	897	19	zero	zero	NUM
taxlaw-2799	897	20	,	,	PUNCT
taxlaw-2799	897	21	assuming	assume	VERB
taxlaw-2799	897	22	that	that	SCONJ
taxlaw-2799	897	23	the	the	DET
taxlaw-2799	897	24	cds	cd	NOUN
taxlaw-2799	897	25	is	be	AUX
taxlaw-2799	897	26	valued	value	VERB
taxlaw-2799	897	27	at	at	ADP
taxlaw-2799	897	28	the	the	DET
taxlaw-2799	897	29	end	end	NOUN
taxlaw-2799	897	30	of	of	ADP
taxlaw-2799	897	31	the	the	DET
taxlaw-2799	897	32	day	day	NOUN
taxlaw-2799	897	33	at	at	ADP
taxlaw-2799	897	34	the	the	DET
taxlaw-2799	897	35	same	same	ADJ
taxlaw-2799	897	36	market	market	NOUN
taxlaw-2799	897	37	level	level	NOUN
taxlaw-2799	897	38	that	that	SCONJ
taxlaw-2799	897	39	it	it	PRON
taxlaw-2799	897	40	was	be	AUX
taxlaw-2799	897	41	executed	execute	VERB
taxlaw-2799	897	42	44	44	NUM
taxlaw-2799	897	43	columbia	columbia	PROPN
taxlaw-2799	897	44	jour	jour	PROPN
taxlaw-2799	897	45	al	al	PROPN
taxlaw-2799	897	46	of	of	ADP
taxlaw-2799	897	47	tax	tax	NOUN
taxlaw-2799	897	48	law	law	NOUN
taxlaw-2799	897	49	[	[	X
taxlaw-2799	897	50	vol	vol	NOUN
taxlaw-2799	897	51	.	.	PUNCT
taxlaw-2799	897	52	2:1	2:1	NUM
taxlaw-2799	897	53	at	at	ADP
taxlaw-2799	897	54	during	during	ADP
taxlaw-2799	897	55	the	the	DET
taxlaw-2799	897	56	day.80	day.80	NOUN
taxlaw-2799	897	57	this	this	DET
taxlaw-2799	897	58	point	point	NOUN
taxlaw-2799	897	59	is	be	AUX
taxlaw-2799	897	60	potentially	potentially	ADV
taxlaw-2799	897	61	of	of	ADP
taxlaw-2799	897	62	great	great	ADJ
taxlaw-2799	897	63	significance	significance	NOUN
taxlaw-2799	897	64	for	for	ADP
taxlaw-2799	897	65	tax	tax	NOUN
taxlaw-2799	897	66	purposes	purpose	NOUN
taxlaw-2799	897	67	,	,	PUNCT
taxlaw-2799	897	68	since	since	SCONJ
taxlaw-2799	897	69	in	in	ADP
taxlaw-2799	897	70	at	at	ADP
taxlaw-2799	897	71	least	least	ADJ
taxlaw-2799	897	72	some	some	DET
taxlaw-2799	897	73	observers	observer	NOUN
taxlaw-2799	897	74	’	’	PART
taxlaw-2799	897	75	minds	mind	NOUN
taxlaw-2799	897	76	it	it	PRON
taxlaw-2799	897	77	calls	call	VERB
taxlaw-2799	897	78	into	into	ADP
taxlaw-2799	897	79	question	question	NOUN
taxlaw-2799	897	80	whether	whether	SCONJ
taxlaw-2799	897	81	the	the	DET
taxlaw-2799	897	82	conventional	conventional	ADJ
taxlaw-2799	897	83	rules	rule	NOUN
taxlaw-2799	897	84	for	for	ADP
taxlaw-2799	897	85	upfront	upfront	ADJ
taxlaw-2799	897	86	payments	payment	NOUN
taxlaw-2799	897	87	on	on	ADP
taxlaw-2799	897	88	npcs	npc	NOUN
taxlaw-2799	897	89	should	should	AUX
taxlaw-2799	897	90	apply	apply	VERB
taxlaw-2799	897	91	to	to	ADP
taxlaw-2799	897	92	upfront	upfront	ADJ
taxlaw-2799	897	93	payments	payment	NOUN
taxlaw-2799	897	94	on	on	ADP
taxlaw-2799	897	95	cleared	clear	VERB
taxlaw-2799	897	96	swaps	swap	NOUN
taxlaw-2799	897	97	.	.	PUNCT
taxlaw-2799	898	1	another	another	DET
taxlaw-2799	898	2	way	way	NOUN
taxlaw-2799	898	3	to	to	PART
taxlaw-2799	898	4	understand	understand	VERB
taxlaw-2799	898	5	the	the	DET
taxlaw-2799	898	6	reason	reason	NOUN
taxlaw-2799	898	7	for	for	ADP
taxlaw-2799	898	8	the	the	DET
taxlaw-2799	898	9	immediate	immediate	ADJ
taxlaw-2799	898	10	and	and	CCONJ
taxlaw-2799	898	11	offsetting	offset	VERB
taxlaw-2799	898	12	variation	variation	NOUN
taxlaw-2799	898	13	margin	margin	NOUN
taxlaw-2799	898	14	payment	payment	NOUN
taxlaw-2799	898	15	is	be	AUX
taxlaw-2799	898	16	that	that	SCONJ
taxlaw-2799	898	17	if	if	SCONJ
taxlaw-2799	898	18	bank	bank	NOUN
taxlaw-2799	898	19	were	be	AUX
taxlaw-2799	898	20	to	to	PART
taxlaw-2799	898	21	go	go	VERB
taxlaw-2799	898	22	bankrupt	bankrupt	ADJ
taxlaw-2799	898	23	immediately	immediately	ADV
taxlaw-2799	898	24	after	after	ADP
taxlaw-2799	898	25	receiving	receive	VERB
taxlaw-2799	898	26	party	party	NOUN
taxlaw-2799	898	27	a1	a1	NOUN
taxlaw-2799	898	28	’s	’s	PART
taxlaw-2799	898	29	upfront	upfront	ADJ
taxlaw-2799	898	30	payment	payment	NOUN
taxlaw-2799	898	31	of	of	ADP
taxlaw-2799	898	32	$	$	SYM
taxlaw-2799	898	33	244,000	244,000	NUM
taxlaw-2799	898	34	,	,	PUNCT
taxlaw-2799	898	35	bank	bank	NOUN
taxlaw-2799	898	36	would	would	AUX
taxlaw-2799	898	37	neither	neither	CCONJ
taxlaw-2799	898	38	return	return	VERB
taxlaw-2799	898	39	the	the	DET
taxlaw-2799	898	40	foregone	foregone	NOUN
taxlaw-2799	898	41	stream	stream	NOUN
taxlaw-2799	898	42	of	of	ADP
taxlaw-2799	898	43	75	75	NUM
taxlaw-2799	898	44	basis	basis	NOUN
taxlaw-2799	898	45	point	point	NOUN
taxlaw-2799	898	46	payments	payment	NOUN
taxlaw-2799	898	47	nor	nor	CCONJ
taxlaw-2799	898	48	provide	provide	VERB
taxlaw-2799	898	49	any	any	DET
taxlaw-2799	898	50	protection	protection	NOUN
taxlaw-2799	898	51	to	to	ADP
taxlaw-2799	898	52	party	party	NOUN
taxlaw-2799	898	53	a1	a1	PROPN
taxlaw-2799	898	54	.	.	PUNCT
taxlaw-2799	899	1	party	party	NOUN
taxlaw-2799	899	2	a1	a1	NOUN
taxlaw-2799	899	3	would	would	AUX
taxlaw-2799	899	4	have	have	VERB
taxlaw-2799	899	5	a	a	DET
taxlaw-2799	899	6	claim	claim	NOUN
taxlaw-2799	899	7	against	against	ADP
taxlaw-2799	899	8	bank	bank	NOUN
taxlaw-2799	899	9	based	base	VERB
taxlaw-2799	899	10	on	on	ADP
taxlaw-2799	899	11	the	the	DET
taxlaw-2799	899	12	unwind	unwind	NOUN
taxlaw-2799	899	13	value	value	NOUN
taxlaw-2799	899	14	or	or	CCONJ
taxlaw-2799	899	15	mark	mark	NOUN
taxlaw-2799	899	16	-	-	PUNCT
taxlaw-2799	899	17	to	to	ADP
taxlaw-2799	899	18	-	-	PUNCT
taxlaw-2799	899	19	market	market	NOUN
taxlaw-2799	899	20	value	value	NOUN
taxlaw-2799	899	21	of	of	ADP
taxlaw-2799	899	22	the	the	DET
taxlaw-2799	899	23	cds	cds	PROPN
taxlaw-2799	899	24	contract	contract	NOUN
taxlaw-2799	899	25	.	.	PUNCT
taxlaw-2799	900	1	party	party	NOUN
taxlaw-2799	900	2	a1	a1	NOUN
taxlaw-2799	900	3	therefore	therefore	ADV
taxlaw-2799	900	4	has	have	VERB
taxlaw-2799	900	5	$	$	SYM
taxlaw-2799	900	6	244,000	244,000	NUM
taxlaw-2799	900	7	of	of	ADP
taxlaw-2799	900	8	credit	credit	NOUN
taxlaw-2799	900	9	risk	risk	NOUN
taxlaw-2799	900	10	to	to	ADP
taxlaw-2799	900	11	bank	bank	NOUN
taxlaw-2799	900	12	,	,	PUNCT
taxlaw-2799	900	13	which	which	DET
taxlaw-2799	900	14	bank	bank	NOUN
taxlaw-2799	900	15	must	must	AUX
taxlaw-2799	900	16	collateralize	collateralize	VERB
taxlaw-2799	900	17	by	by	ADP
taxlaw-2799	900	18	providing	provide	VERB
taxlaw-2799	900	19	initial	initial	ADJ
taxlaw-2799	900	20	variation	variation	NOUN
taxlaw-2799	900	21	margin	margin	NOUN
taxlaw-2799	900	22	.	.	PUNCT
taxlaw-2799	901	1	over	over	ADP
taxlaw-2799	901	2	time	time	NOUN
taxlaw-2799	901	3	,	,	PUNCT
taxlaw-2799	901	4	assuming	assume	VERB
taxlaw-2799	901	5	no	no	DET
taxlaw-2799	901	6	other	other	ADJ
taxlaw-2799	901	7	changes	change	NOUN
taxlaw-2799	901	8	to	to	ADP
taxlaw-2799	901	9	the	the	DET
taxlaw-2799	901	10	market	market	NOUN
taxlaw-2799	901	11	or	or	CCONJ
taxlaw-2799	901	12	the	the	DET
taxlaw-2799	901	13	reference	reference	NOUN
taxlaw-2799	901	14	entity	entity	NOUN
taxlaw-2799	901	15	,	,	PUNCT
taxlaw-2799	901	16	party	party	NOUN
taxlaw-2799	901	17	a1	a1	NOUN
taxlaw-2799	901	18	would	would	AUX
taxlaw-2799	901	19	repay	repay	VERB
taxlaw-2799	901	20	that	that	DET
taxlaw-2799	901	21	collateral	collateral	NOUN
taxlaw-2799	901	22	to	to	ADP
taxlaw-2799	901	23	bank	bank	NOUN
taxlaw-2799	901	24	.	.	PUNCT
taxlaw-2799	902	1	because	because	SCONJ
taxlaw-2799	902	2	the	the	DET
taxlaw-2799	902	3	repayment	repayment	NOUN
taxlaw-2799	902	4	is	be	AUX
taxlaw-2799	902	5	determined	determine	VERB
taxlaw-2799	902	6	by	by	ADP
taxlaw-2799	902	7	reference	reference	NOUN
taxlaw-2799	902	8	to	to	ADP
taxlaw-2799	902	9	daily	daily	ADJ
taxlaw-2799	902	10	marks	mark	NOUN
taxlaw-2799	902	11	to	to	ADP
taxlaw-2799	902	12	market	market	NOUN
taxlaw-2799	902	13	,	,	PUNCT
taxlaw-2799	902	14	and	and	CCONJ
taxlaw-2799	902	15	as	as	SCONJ
taxlaw-2799	902	16	described	describe	VERB
taxlaw-2799	902	17	above	above	ADV
taxlaw-2799	902	18	as	as	ADP
taxlaw-2799	902	19	a	a	DET
taxlaw-2799	902	20	practical	practical	ADJ
taxlaw-2799	902	21	matter	matter	NOUN
taxlaw-2799	902	22	the	the	DET
taxlaw-2799	902	23	default	default	NOUN
taxlaw-2799	902	24	probabilities	probability	NOUN
taxlaw-2799	902	25	for	for	ADP
taxlaw-2799	902	26	a	a	DET
taxlaw-2799	902	27	particular	particular	ADJ
taxlaw-2799	902	28	issuer	issuer	NOUN
taxlaw-2799	902	29	vary	vary	NOUN
taxlaw-2799	902	30	at	at	ADP
taxlaw-2799	902	31	different	different	ADJ
taxlaw-2799	902	32	times	time	NOUN
taxlaw-2799	902	33	during	during	ADP
taxlaw-2799	902	34	the	the	DET
taxlaw-2799	902	35	term	term	NOUN
taxlaw-2799	902	36	of	of	ADP
taxlaw-2799	902	37	the	the	DET
taxlaw-2799	902	38	cds	cd	NOUN
taxlaw-2799	902	39	,	,	PUNCT
taxlaw-2799	902	40	the	the	DET
taxlaw-2799	902	41	repayment	repayment	NOUN
taxlaw-2799	902	42	would	would	AUX
taxlaw-2799	902	43	not	not	PART
taxlaw-2799	902	44	be	be	AUX
taxlaw-2799	902	45	paid	pay	VERB
taxlaw-2799	902	46	in	in	ADP
taxlaw-2799	902	47	level	level	NOUN
taxlaw-2799	902	48	75	75	NUM
taxlaw-2799	902	49	basis	basis	NOUN
taxlaw-2799	902	50	point	point	NOUN
taxlaw-2799	902	51	amounts	amount	NOUN
taxlaw-2799	902	52	.	.	PUNCT
taxlaw-2799	903	1	rather	rather	ADV
taxlaw-2799	903	2	,	,	PUNCT
taxlaw-2799	903	3	in	in	ADP
taxlaw-2799	903	4	the	the	DET
taxlaw-2799	903	5	case	case	NOUN
taxlaw-2799	903	6	of	of	ADP
taxlaw-2799	903	7	issuer	issuer	NOUN
taxlaw-2799	903	8	x	x	PROPN
taxlaw-2799	903	9	described	describe	VERB
taxlaw-2799	903	10	above	above	ADV
taxlaw-2799	903	11	,	,	PUNCT
taxlaw-2799	903	12	relatively	relatively	ADV
taxlaw-2799	903	13	small	small	ADJ
taxlaw-2799	903	14	amounts	amount	NOUN
taxlaw-2799	903	15	of	of	ADP
taxlaw-2799	903	16	collateral	collateral	NOUN
taxlaw-2799	903	17	would	would	AUX
taxlaw-2799	903	18	be	be	AUX
taxlaw-2799	903	19	repaid	repay	VERB
taxlaw-2799	903	20	in	in	ADP
taxlaw-2799	903	21	years	year	NOUN
taxlaw-2799	903	22	1	1	NUM
taxlaw-2799	903	23	and	and	CCONJ
taxlaw-2799	903	24	2	2	NUM
taxlaw-2799	903	25	,	,	PUNCT
taxlaw-2799	903	26	and	and	CCONJ
taxlaw-2799	903	27	a	a	DET
taxlaw-2799	903	28	larger	large	ADJ
taxlaw-2799	903	29	amount	amount	NOUN
taxlaw-2799	903	30	in	in	ADP
taxlaw-2799	903	31	year	year	NOUN
taxlaw-2799	903	32	3	3	NUM
taxlaw-2799	903	33	if	if	SCONJ
taxlaw-2799	903	34	the	the	DET
taxlaw-2799	903	35	issuer	issuer	NOUN
taxlaw-2799	903	36	survives	survive	VERB
taxlaw-2799	903	37	.	.	PUNCT
taxlaw-2799	904	1	of	of	ADP
taxlaw-2799	904	2	course	course	NOUN
taxlaw-2799	904	3	,	,	PUNCT
taxlaw-2799	904	4	in	in	ADP
taxlaw-2799	904	5	reality	reality	NOUN
taxlaw-2799	904	6	,	,	PUNCT
taxlaw-2799	904	7	the	the	DET
taxlaw-2799	904	8	collateral	collateral	NOUN
taxlaw-2799	904	9	would	would	AUX
taxlaw-2799	904	10	be	be	AUX
taxlaw-2799	904	11	adjusted	adjust	VERB
taxlaw-2799	904	12	daily	daily	ADV
taxlaw-2799	904	13	to	to	PART
taxlaw-2799	904	14	take	take	VERB
taxlaw-2799	904	15	actual	actual	ADJ
taxlaw-2799	904	16	changes	change	NOUN
taxlaw-2799	904	17	in	in	ADP
taxlaw-2799	904	18	the	the	DET
taxlaw-2799	904	19	value	value	NOUN
taxlaw-2799	904	20	of	of	ADP
taxlaw-2799	904	21	the	the	DET
taxlaw-2799	904	22	cds	cd	NOUN
taxlaw-2799	904	23	into	into	ADP
taxlaw-2799	904	24	account	account	NOUN
taxlaw-2799	904	25	.	.	PUNCT
taxlaw-2799	905	1	similarly	similarly	ADV
taxlaw-2799	905	2	,	,	PUNCT
taxlaw-2799	905	3	if	if	SCONJ
taxlaw-2799	905	4	other	other	ADJ
taxlaw-2799	905	5	types	type	NOUN
taxlaw-2799	905	6	of	of	ADP
taxlaw-2799	905	7	swaps	swap	NOUN
taxlaw-2799	905	8	with	with	ADP
taxlaw-2799	905	9	standardized	standardized	ADJ
taxlaw-2799	905	10	coupons	coupon	NOUN
taxlaw-2799	905	11	are	be	AUX
taxlaw-2799	905	12	submitted	submit	VERB
taxlaw-2799	905	13	to	to	ADP
taxlaw-2799	905	14	a	a	DET
taxlaw-2799	905	15	clearinghouse	clearinghouse	NOUN
taxlaw-2799	905	16	,	,	PUNCT
taxlaw-2799	905	17	one	one	PRON
taxlaw-2799	905	18	can	can	AUX
taxlaw-2799	905	19	expect	expect	VERB
taxlaw-2799	905	20	that	that	SCONJ
taxlaw-2799	905	21	upfront	upfront	ADJ
taxlaw-2799	905	22	payments	payment	NOUN
taxlaw-2799	905	23	will	will	AUX
taxlaw-2799	905	24	also	also	ADV
taxlaw-2799	905	25	give	give	VERB
taxlaw-2799	905	26	rise	rise	NOUN
taxlaw-2799	905	27	to	to	ADP
taxlaw-2799	905	28	an	an	DET
taxlaw-2799	905	29	immediate	immediate	ADJ
taxlaw-2799	905	30	and	and	CCONJ
taxlaw-2799	905	31	offsetting	offset	VERB
taxlaw-2799	905	32	payment	payment	NOUN
taxlaw-2799	905	33	of	of	ADP
taxlaw-2799	905	34	initial	initial	ADJ
taxlaw-2799	905	35	variation	variation	NOUN
taxlaw-2799	905	36	margin	margin	NOUN
taxlaw-2799	905	37	.	.	PUNCT
taxlaw-2799	906	1	there	there	PRON
taxlaw-2799	906	2	are	be	VERB
taxlaw-2799	906	3	two	two	NUM
taxlaw-2799	906	4	other	other	ADJ
taxlaw-2799	906	5	aspects	aspect	NOUN
taxlaw-2799	906	6	of	of	ADP
taxlaw-2799	906	7	the	the	DET
taxlaw-2799	906	8	collateral	collateral	ADJ
taxlaw-2799	906	9	arrangements	arrangement	NOUN
taxlaw-2799	906	10	described	describe	VERB
taxlaw-2799	906	11	in	in	ADP
taxlaw-2799	906	12	this	this	DET
taxlaw-2799	906	13	section	section	NOUN
taxlaw-2799	906	14	ii.c2(b	ii.c2(b	NOUN
taxlaw-2799	906	15	)	)	PUNCT
taxlaw-2799	906	16	that	that	PRON
taxlaw-2799	906	17	have	have	VERB
taxlaw-2799	906	18	larger	large	ADJ
taxlaw-2799	906	19	implications	implication	NOUN
taxlaw-2799	906	20	.	.	PUNCT
taxlaw-2799	907	1	the	the	DET
taxlaw-2799	907	2	first	first	ADJ
taxlaw-2799	907	3	is	be	AUX
taxlaw-2799	907	4	that	that	SCONJ
taxlaw-2799	907	5	while	while	SCONJ
taxlaw-2799	907	6	the	the	DET
taxlaw-2799	907	7	bilateral	bilateral	ADJ
taxlaw-2799	907	8	otc	otc	PROPN
taxlaw-2799	907	9	market	market	NOUN
taxlaw-2799	907	10	historically	historically	ADV
taxlaw-2799	907	11	has	have	AUX
taxlaw-2799	907	12	required	require	VERB
taxlaw-2799	907	13	collateral	collateral	NOUN
taxlaw-2799	907	14	,	,	PUNCT
taxlaw-2799	907	15	usually	usually	ADV
taxlaw-2799	907	16	from	from	ADP
taxlaw-2799	907	17	a	a	DET
taxlaw-2799	907	18	customer	customer	NOUN
taxlaw-2799	907	19	to	to	ADP
taxlaw-2799	907	20	a	a	DET
taxlaw-2799	907	21	dealer	dealer	NOUN
taxlaw-2799	907	22	but	but	CCONJ
taxlaw-2799	907	23	not	not	PART
taxlaw-2799	907	24	vice	vice	ADV
taxlaw-2799	907	25	versa	versa	ADV
taxlaw-2799	907	26	,	,	PUNCT
taxlaw-2799	907	27	except	except	SCONJ
taxlaw-2799	907	28	in	in	ADP
taxlaw-2799	907	29	unusual	unusual	ADJ
taxlaw-2799	907	30	circumstances	circumstance	NOUN
taxlaw-2799	907	31	,	,	PUNCT
taxlaw-2799	907	32	actual	actual	ADJ
taxlaw-2799	907	33	collateral	collateral	ADJ
taxlaw-2799	907	34	arrangements	arrangement	NOUN
taxlaw-2799	907	35	varied	varied	ADJ
taxlaw-2799	907	36	from	from	ADP
taxlaw-2799	907	37	customer	customer	NOUN
taxlaw-2799	907	38	to	to	ADP
taxlaw-2799	907	39	customer	customer	NOUN
taxlaw-2799	907	40	,	,	PUNCT
taxlaw-2799	907	41	depending	depend	VERB
taxlaw-2799	907	42	on	on	ADP
taxlaw-2799	907	43	the	the	DET
taxlaw-2799	907	44	sophistication	sophistication	NOUN
taxlaw-2799	907	45	of	of	ADP
taxlaw-2799	907	46	the	the	DET
taxlaw-2799	907	47	customer	customer	NOUN
taxlaw-2799	907	48	,	,	PUNCT
taxlaw-2799	907	49	the	the	DET
taxlaw-2799	907	50	level	level	NOUN
taxlaw-2799	907	51	of	of	ADP
taxlaw-2799	907	52	credit	credit	NOUN
taxlaw-2799	907	53	risk	risk	NOUN
taxlaw-2799	907	54	it	it	PRON
taxlaw-2799	907	55	posed	pose	VERB
taxlaw-2799	907	56	and	and	CCONJ
taxlaw-2799	907	57	the	the	DET
taxlaw-2799	907	58	dealer	dealer	NOUN
taxlaw-2799	907	59	’s	’s	PART
taxlaw-2799	907	60	willingness	willingness	NOUN
taxlaw-2799	907	61	to	to	PART
taxlaw-2799	907	62	please	please	VERB
taxlaw-2799	907	63	the	the	DET
taxlaw-2799	907	64	customer	customer	NOUN
taxlaw-2799	907	65	.	.	PUNCT
taxlaw-2799	908	1	the	the	DET
taxlaw-2799	908	2	otc	otc	PROPN
taxlaw-2799	908	3	market	market	NOUN
taxlaw-2799	908	4	is	be	AUX
taxlaw-2799	908	5	now	now	ADV
taxlaw-2799	908	6	moving	move	VERB
taxlaw-2799	908	7	towards	towards	ADP
taxlaw-2799	908	8	collateral	collateral	ADJ
taxlaw-2799	908	9	arrangements	arrangement	NOUN
taxlaw-2799	908	10	that	that	PRON
taxlaw-2799	908	11	are	be	AUX
taxlaw-2799	908	12	much	much	ADV
taxlaw-2799	908	13	closer	close	ADJ
taxlaw-2799	908	14	to	to	ADP
taxlaw-2799	908	15	those	those	PRON
taxlaw-2799	908	16	for	for	ADP
taxlaw-2799	908	17	cleared	clear	VERB
taxlaw-2799	908	18	swaps	swap	NOUN
taxlaw-2799	908	19	.	.	PUNCT
taxlaw-2799	909	1	accordingly	accordingly	ADV
taxlaw-2799	909	2	,	,	PUNCT
taxlaw-2799	909	3	while	while	SCONJ
taxlaw-2799	909	4	upfront	upfront	ADJ
taxlaw-2799	909	5	payments	payment	NOUN
taxlaw-2799	909	6	are	be	AUX
taxlaw-2799	909	7	becoming	become	VERB
taxlaw-2799	909	8	more	more	ADV
taxlaw-2799	909	9	common	common	ADJ
taxlaw-2799	909	10	,	,	PUNCT
taxlaw-2799	909	11	the	the	DET
taxlaw-2799	909	12	actual	actual	ADJ
taxlaw-2799	909	13	net	net	ADJ
taxlaw-2799	909	14	cash	cash	NOUN
taxlaw-2799	909	15	flows	flow	NOUN
taxlaw-2799	909	16	associated	associate	VERB
taxlaw-2799	909	17	with	with	ADP
taxlaw-2799	909	18	them	they	PRON
taxlaw-2799	909	19	may	may	AUX
taxlaw-2799	909	20	not	not	PART
taxlaw-2799	909	21	be	be	AUX
taxlaw-2799	909	22	.	.	PUNCT
taxlaw-2799	910	1	the	the	DET
taxlaw-2799	910	2	second	second	ADJ
taxlaw-2799	910	3	is	be	AUX
taxlaw-2799	910	4	that	that	SCONJ
taxlaw-2799	910	5	clearinghouses	clearinghouse	NOUN
taxlaw-2799	910	6	net	net	ADJ
taxlaw-2799	910	7	outstanding	outstanding	ADJ
taxlaw-2799	910	8	cleared	clear	VERB
taxlaw-2799	910	9	contracts	contract	NOUN
taxlaw-2799	910	10	daily	daily	ADV
taxlaw-2799	910	11	,	,	PUNCT
taxlaw-2799	910	12	in	in	ADP
taxlaw-2799	910	13	a	a	DET
taxlaw-2799	910	14	manner	manner	NOUN
taxlaw-2799	910	15	similar	similar	ADJ
taxlaw-2799	910	16	to	to	ADP
taxlaw-2799	910	17	the	the	DET
taxlaw-2799	910	18	netting	netting	NOUN
taxlaw-2799	910	19	of	of	ADP
taxlaw-2799	910	20	futures	future	NOUN
taxlaw-2799	910	21	contracts	contract	NOUN
taxlaw-2799	910	22	described	describe	VERB
taxlaw-2799	910	23	in	in	ADP
taxlaw-2799	910	24	section	section	NOUN
taxlaw-2799	910	25	ii.a.1	ii.a.1	NOUN
taxlaw-2799	910	26	,	,	PUNCT
taxlaw-2799	910	27	above	above	ADV
taxlaw-2799	910	28	.	.	PUNCT
taxlaw-2799	911	1	accordingly	accordingly	ADV
taxlaw-2799	911	2	,	,	PUNCT
taxlaw-2799	911	3	if	if	SCONJ
taxlaw-2799	911	4	a	a	DET
taxlaw-2799	911	5	dealer	dealer	NOUN
taxlaw-2799	911	6	enters	enter	VERB
taxlaw-2799	911	7	into	into	ADP
taxlaw-2799	911	8	a	a	DET
taxlaw-2799	911	9	cds	cd	NOUN
taxlaw-2799	911	10	today	today	NOUN
taxlaw-2799	911	11	with	with	ADP
taxlaw-2799	911	12	a	a	DET
taxlaw-2799	911	13	notional	notional	ADJ
taxlaw-2799	911	14	principal	principal	ADJ
taxlaw-2799	911	15	amount	amount	NOUN
taxlaw-2799	911	16	of	of	ADP
taxlaw-2799	911	17	$	$	SYM
taxlaw-2799	911	18	100	100	NUM
taxlaw-2799	911	19	and	and	CCONJ
taxlaw-2799	911	20	makes	make	VERB
taxlaw-2799	911	21	an	an	DET
taxlaw-2799	911	22	upfront	upfront	ADJ
taxlaw-2799	911	23	payment	payment	NOUN
taxlaw-2799	911	24	of	of	ADP
taxlaw-2799	911	25	$	$	SYM
taxlaw-2799	911	26	7	7	NUM
taxlaw-2799	911	27	,	,	PUNCT
taxlaw-2799	911	28	and	and	CCONJ
taxlaw-2799	911	29	tomorrow	tomorrow	NOUN
taxlaw-2799	911	30	it	it	PRON
taxlaw-2799	911	31	enters	enter	VERB
taxlaw-2799	911	32	into	into	ADP
taxlaw-2799	911	33	an	an	DET
taxlaw-2799	911	34	identical	identical	ADJ
taxlaw-2799	911	35	but	but	CCONJ
taxlaw-2799	911	36	offsetting	offset	VERB
taxlaw-2799	911	37	cds	cd	NOUN
taxlaw-2799	911	38	with	with	ADP
taxlaw-2799	911	39	a	a	DET
taxlaw-2799	911	40	80	80	NUM
taxlaw-2799	911	41	if	if	SCONJ
taxlaw-2799	911	42	the	the	DET
taxlaw-2799	911	43	cds	cd	NOUN
taxlaw-2799	911	44	value	value	NOUN
taxlaw-2799	911	45	has	have	AUX
taxlaw-2799	911	46	changed	change	VERB
taxlaw-2799	911	47	by	by	ADP
taxlaw-2799	911	48	the	the	DET
taxlaw-2799	911	49	end	end	NOUN
taxlaw-2799	911	50	of	of	ADP
taxlaw-2799	911	51	the	the	DET
taxlaw-2799	911	52	day	day	NOUN
taxlaw-2799	911	53	,	,	PUNCT
taxlaw-2799	911	54	the	the	DET
taxlaw-2799	911	55	cash	cash	NOUN
taxlaw-2799	911	56	flows	flow	NOUN
taxlaw-2799	911	57	will	will	AUX
taxlaw-2799	911	58	not	not	PART
taxlaw-2799	911	59	net	net	VERB
taxlaw-2799	911	60	perfectly	perfectly	ADV
taxlaw-2799	911	61	.	.	PUNCT
taxlaw-2799	912	1	for	for	ADP
taxlaw-2799	912	2	purposes	purpose	NOUN
taxlaw-2799	912	3	of	of	ADP
taxlaw-2799	912	4	the	the	DET
taxlaw-2799	912	5	discussion	discussion	NOUN
taxlaw-2799	912	6	in	in	ADP
taxlaw-2799	912	7	the	the	DET
taxlaw-2799	912	8	remainder	remainder	NOUN
taxlaw-2799	912	9	of	of	ADP
taxlaw-2799	912	10	the	the	DET
taxlaw-2799	912	11	article	article	NOUN
taxlaw-2799	912	12	,	,	PUNCT
taxlaw-2799	912	13	it	it	PRON
taxlaw-2799	912	14	is	be	AUX
taxlaw-2799	912	15	assumed	assume	VERB
taxlaw-2799	912	16	that	that	SCONJ
taxlaw-2799	912	17	notwithstanding	notwithstanding	ADP
taxlaw-2799	912	18	this	this	DET
taxlaw-2799	912	19	circular	circular	ADJ
taxlaw-2799	912	20	flow	flow	NOUN
taxlaw-2799	912	21	of	of	ADP
taxlaw-2799	912	22	cash	cash	NOUN
taxlaw-2799	912	23	,	,	PUNCT
taxlaw-2799	912	24	the	the	DET
taxlaw-2799	912	25	upfront	upfront	ADJ
taxlaw-2799	912	26	payment	payment	NOUN
taxlaw-2799	912	27	is	be	AUX
taxlaw-2799	912	28	treated	treat	VERB
taxlaw-2799	912	29	as	as	ADP
taxlaw-2799	912	30	“	"	PUNCT
taxlaw-2799	912	31	real	real	ADJ
taxlaw-2799	912	32	,	,	PUNCT
taxlaw-2799	912	33	”	"	PUNCT
taxlaw-2799	912	34	unless	unless	SCONJ
taxlaw-2799	912	35	otherwise	otherwise	ADV
taxlaw-2799	912	36	stated	state	VERB
taxlaw-2799	912	37	.	.	PUNCT
taxlaw-2799	913	1	a	a	DET
taxlaw-2799	913	2	diagram	diagram	NOUN
taxlaw-2799	913	3	illustrating	illustrate	VERB
taxlaw-2799	913	4	the	the	DET
taxlaw-2799	913	5	cash	cash	NOUN
taxlaw-2799	913	6	flows	flow	NOUN
taxlaw-2799	913	7	described	describe	VERB
taxlaw-2799	913	8	in	in	ADP
taxlaw-2799	913	9	the	the	DET
taxlaw-2799	913	10	text	text	NOUN
taxlaw-2799	913	11	is	be	AUX
taxlaw-2799	913	12	attached	attach	VERB
taxlaw-2799	913	13	.	.	PUNCT
taxlaw-2799	914	1	2011	2011	NUM
taxlaw-2799	914	2	]	]	PUNCT
taxlaw-2799	914	3	ew	ew	AUX
taxlaw-2799	914	4	tax	tax	NOUN
taxlaw-2799	914	5	issues	issue	NOUN
taxlaw-2799	914	6	arisi	arisi	VERB
taxlaw-2799	914	7	g	g	PROPN
taxlaw-2799	914	8	from	from	ADP
taxlaw-2799	914	9	the	the	DET
taxlaw-2799	914	10	dodd	dodd	NOUN
taxlaw-2799	914	11	-	-	PUNCT
taxlaw-2799	914	12	fra	fra	PROPN
taxlaw-2799	914	13	k	k	PROPN
taxlaw-2799	914	14	act	act	VERB
taxlaw-2799	914	15	45	45	NUM
taxlaw-2799	914	16	notional	notional	ADJ
taxlaw-2799	914	17	principal	principal	ADJ
taxlaw-2799	914	18	amount	amount	NOUN
taxlaw-2799	914	19	of	of	ADP
taxlaw-2799	914	20	$	$	SYM
taxlaw-2799	914	21	25	25	NUM
taxlaw-2799	914	22	and	and	CCONJ
taxlaw-2799	914	23	receives	receive	VERB
taxlaw-2799	914	24	an	an	DET
taxlaw-2799	914	25	upfront	upfront	ADJ
taxlaw-2799	914	26	payment	payment	NOUN
taxlaw-2799	914	27	of	of	ADP
taxlaw-2799	914	28	$	$	SYM
taxlaw-2799	914	29	2	2	NUM
taxlaw-2799	914	30	,	,	PUNCT
taxlaw-2799	914	31	the	the	DET
taxlaw-2799	914	32	clearinghouse	clearinghouse	NOUN
taxlaw-2799	914	33	will	will	AUX
taxlaw-2799	914	34	net	net	VERB
taxlaw-2799	914	35	the	the	DET
taxlaw-2799	914	36	dealer	dealer	NOUN
taxlaw-2799	914	37	’s	’s	PART
taxlaw-2799	914	38	outstanding	outstanding	ADJ
taxlaw-2799	914	39	contracts	contract	NOUN
taxlaw-2799	914	40	so	so	SCONJ
taxlaw-2799	914	41	that	that	SCONJ
taxlaw-2799	914	42	at	at	ADP
taxlaw-2799	914	43	the	the	DET
taxlaw-2799	914	44	end	end	NOUN
taxlaw-2799	914	45	of	of	ADP
taxlaw-2799	914	46	the	the	DET
taxlaw-2799	914	47	second	second	ADJ
taxlaw-2799	914	48	day	day	NOUN
taxlaw-2799	914	49	it	it	PRON
taxlaw-2799	914	50	has	have	VERB
taxlaw-2799	914	51	a	a	DET
taxlaw-2799	914	52	single	single	ADJ
taxlaw-2799	914	53	contract	contract	NOUN
taxlaw-2799	914	54	with	with	ADP
taxlaw-2799	914	55	the	the	DET
taxlaw-2799	914	56	clearinghouse	clearinghouse	NOUN
taxlaw-2799	914	57	with	with	ADP
taxlaw-2799	914	58	a	a	DET
taxlaw-2799	914	59	notional	notional	ADJ
taxlaw-2799	914	60	principal	principal	ADJ
taxlaw-2799	914	61	amount	amount	NOUN
taxlaw-2799	914	62	of	of	ADP
taxlaw-2799	914	63	$	$	SYM
taxlaw-2799	914	64	75	75	NUM
taxlaw-2799	914	65	.	.	PUNCT
taxlaw-2799	915	1	under	under	ADP
taxlaw-2799	915	2	these	these	DET
taxlaw-2799	915	3	circumstances	circumstance	NOUN
taxlaw-2799	915	4	,	,	PUNCT
taxlaw-2799	915	5	it	it	PRON
taxlaw-2799	915	6	seems	seem	VERB
taxlaw-2799	915	7	reasonable	reasonable	ADJ
taxlaw-2799	915	8	to	to	PART
taxlaw-2799	915	9	treat	treat	VERB
taxlaw-2799	915	10	the	the	DET
taxlaw-2799	915	11	dealer	dealer	NOUN
taxlaw-2799	915	12	as	as	ADP
taxlaw-2799	915	13	having	having	AUX
taxlaw-2799	915	14	received	receive	VERB
taxlaw-2799	915	15	back	back	ADV
taxlaw-2799	915	16	$	$	SYM
taxlaw-2799	915	17	2	2	NUM
taxlaw-2799	915	18	of	of	ADP
taxlaw-2799	915	19	its	its	PRON
taxlaw-2799	915	20	original	original	ADJ
taxlaw-2799	915	21	$	$	SYM
taxlaw-2799	915	22	7	7	NUM
taxlaw-2799	915	23	on	on	ADP
taxlaw-2799	915	24	the	the	DET
taxlaw-2799	915	25	second	second	ADJ
taxlaw-2799	915	26	day	day	NOUN
taxlaw-2799	915	27	,	,	PUNCT
taxlaw-2799	915	28	rather	rather	ADV
taxlaw-2799	915	29	than	than	ADP
taxlaw-2799	915	30	—	—	PUNCT
taxlaw-2799	915	31	as	as	SCONJ
taxlaw-2799	915	32	assumed	assume	VERB
taxlaw-2799	915	33	by	by	ADP
taxlaw-2799	915	34	the	the	DET
taxlaw-2799	915	35	npc	npc	PROPN
taxlaw-2799	915	36	regulations	regulation	NOUN
taxlaw-2799	915	37	—	—	PUNCT
taxlaw-2799	915	38	over	over	ADP
taxlaw-2799	915	39	the	the	DET
taxlaw-2799	915	40	life	life	NOUN
taxlaw-2799	915	41	of	of	ADP
taxlaw-2799	915	42	the	the	DET
taxlaw-2799	915	43	cds	cd	NOUN
taxlaw-2799	915	44	.	.	PUNCT
taxlaw-2799	916	1	3	3	X
taxlaw-2799	916	2	.	.	X
taxlaw-2799	916	3	other	other	ADJ
taxlaw-2799	916	4	types	type	NOUN
taxlaw-2799	916	5	of	of	ADP
taxlaw-2799	916	6	upfront	upfront	ADJ
taxlaw-2799	916	7	payments	payment	NOUN
taxlaw-2799	916	8	.	.	PUNCT
taxlaw-2799	917	1	upfront	upfront	ADJ
taxlaw-2799	917	2	payments	payment	NOUN
taxlaw-2799	917	3	made	make	VERB
taxlaw-2799	917	4	be	be	AUX
taxlaw-2799	917	5	made	make	VERB
taxlaw-2799	917	6	,	,	PUNCT
taxlaw-2799	917	7	or	or	CCONJ
taxlaw-2799	917	8	possibly	possibly	ADV
taxlaw-2799	917	9	deemed	deem	VERB
taxlaw-2799	917	10	made	make	VERB
taxlaw-2799	917	11	,	,	PUNCT
taxlaw-2799	917	12	on	on	ADP
taxlaw-2799	917	13	cleared	clear	VERB
taxlaw-2799	917	14	swaps	swap	NOUN
taxlaw-2799	917	15	for	for	ADP
taxlaw-2799	917	16	reasons	reason	NOUN
taxlaw-2799	917	17	other	other	ADJ
taxlaw-2799	917	18	than	than	ADP
taxlaw-2799	917	19	standardization	standardization	NOUN
taxlaw-2799	917	20	.	.	PUNCT
taxlaw-2799	918	1	three	three	NUM
taxlaw-2799	918	2	such	such	ADJ
taxlaw-2799	918	3	circumstances	circumstance	NOUN
taxlaw-2799	918	4	are	be	AUX
taxlaw-2799	918	5	closing	close	VERB
taxlaw-2799	918	6	out	out	ADP
taxlaw-2799	918	7	cleared	clear	VERB
taxlaw-2799	918	8	swaps	swap	NOUN
taxlaw-2799	918	9	,	,	PUNCT
taxlaw-2799	918	10	“	"	PUNCT
taxlaw-2799	918	11	backloading	backloade	VERB
taxlaw-2799	918	12	,	,	PUNCT
taxlaw-2799	918	13	”	"	PUNCT
taxlaw-2799	918	14	and	and	CCONJ
taxlaw-2799	918	15	clearing	clear	VERB
taxlaw-2799	918	16	member	member	NOUN
taxlaw-2799	918	17	default	default	NOUN
taxlaw-2799	918	18	.	.	PUNCT
taxlaw-2799	919	1	to	to	PART
taxlaw-2799	919	2	close	close	VERB
taxlaw-2799	919	3	out	out	ADP
taxlaw-2799	919	4	a	a	DET
taxlaw-2799	919	5	cleared	clear	VERB
taxlaw-2799	919	6	swap	swap	NOUN
taxlaw-2799	919	7	,	,	PUNCT
taxlaw-2799	919	8	a	a	DET
taxlaw-2799	919	9	party	party	NOUN
taxlaw-2799	919	10	engages	engage	VERB
taxlaw-2799	919	11	in	in	ADP
taxlaw-2799	919	12	the	the	DET
taxlaw-2799	919	13	same	same	ADJ
taxlaw-2799	919	14	process	process	NOUN
taxlaw-2799	919	15	as	as	SCONJ
taxlaw-2799	919	16	to	to	PART
taxlaw-2799	919	17	enter	enter	VERB
taxlaw-2799	919	18	into	into	ADP
taxlaw-2799	919	19	one	one	NUM
taxlaw-2799	919	20	.	.	PUNCT
taxlaw-2799	920	1	that	that	PRON
taxlaw-2799	920	2	is	be	AUX
taxlaw-2799	920	3	,	,	PUNCT
taxlaw-2799	920	4	it	it	PRON
taxlaw-2799	920	5	agrees	agree	VERB
taxlaw-2799	920	6	with	with	ADP
taxlaw-2799	920	7	another	another	DET
taxlaw-2799	920	8	party	party	NOUN
taxlaw-2799	920	9	on	on	ADP
taxlaw-2799	920	10	a	a	DET
taxlaw-2799	920	11	private	private	ADJ
taxlaw-2799	920	12	bilateral	bilateral	ADJ
taxlaw-2799	920	13	basis	basis	NOUN
taxlaw-2799	920	14	to	to	PART
taxlaw-2799	920	15	enter	enter	VERB
taxlaw-2799	920	16	into	into	ADP
taxlaw-2799	920	17	a	a	DET
taxlaw-2799	920	18	swap	swap	NOUN
taxlaw-2799	920	19	and	and	CCONJ
taxlaw-2799	920	20	to	to	PART
taxlaw-2799	920	21	submit	submit	VERB
taxlaw-2799	920	22	the	the	DET
taxlaw-2799	920	23	swap	swap	NOUN
taxlaw-2799	920	24	for	for	ADP
taxlaw-2799	920	25	clearing	clearing	NOUN
taxlaw-2799	920	26	.	.	PUNCT
taxlaw-2799	921	1	the	the	DET
taxlaw-2799	921	2	swap	swap	NOUN
taxlaw-2799	921	3	will	will	AUX
taxlaw-2799	921	4	have	have	VERB
taxlaw-2799	921	5	terms	term	NOUN
taxlaw-2799	921	6	that	that	PRON
taxlaw-2799	921	7	offset	offset	VERB
taxlaw-2799	921	8	its	its	PRON
taxlaw-2799	921	9	existing	exist	VERB
taxlaw-2799	921	10	swap	swap	NOUN
taxlaw-2799	921	11	,	,	PUNCT
taxlaw-2799	921	12	e.g.	e.g.	ADV
taxlaw-2799	921	13	,	,	PUNCT
taxlaw-2799	921	14	if	if	SCONJ
taxlaw-2799	921	15	the	the	DET
taxlaw-2799	921	16	first	first	ADJ
taxlaw-2799	921	17	swap	swap	NOUN
taxlaw-2799	921	18	calls	call	NOUN
taxlaw-2799	921	19	for	for	SCONJ
taxlaw-2799	921	20	the	the	DET
taxlaw-2799	921	21	party	party	NOUN
taxlaw-2799	921	22	to	to	PART
taxlaw-2799	921	23	pay	pay	VERB
taxlaw-2799	921	24	6	6	NUM
taxlaw-2799	921	25	percent	percent	NOUN
taxlaw-2799	921	26	x	x	SYM
taxlaw-2799	921	27	$	$	SYM
taxlaw-2799	921	28	100	100	NUM
taxlaw-2799	921	29	million	million	NUM
taxlaw-2799	921	30	for	for	ADP
taxlaw-2799	921	31	five	five	NUM
taxlaw-2799	921	32	years	year	NOUN
taxlaw-2799	921	33	,	,	PUNCT
taxlaw-2799	921	34	the	the	DET
taxlaw-2799	921	35	second	second	ADJ
taxlaw-2799	921	36	swap	swap	NOUN
taxlaw-2799	921	37	will	will	AUX
taxlaw-2799	921	38	call	call	VERB
taxlaw-2799	921	39	for	for	SCONJ
taxlaw-2799	921	40	the	the	DET
taxlaw-2799	921	41	party	party	NOUN
taxlaw-2799	921	42	to	to	PART
taxlaw-2799	921	43	receive	receive	VERB
taxlaw-2799	921	44	6	6	NUM
taxlaw-2799	921	45	percent	percent	NOUN
taxlaw-2799	921	46	x	x	SYM
taxlaw-2799	921	47	$	$	SYM
taxlaw-2799	921	48	100	100	NUM
taxlaw-2799	921	49	million	million	NUM
taxlaw-2799	921	50	for	for	ADP
taxlaw-2799	921	51	five	five	NUM
taxlaw-2799	921	52	years	year	NOUN
taxlaw-2799	921	53	.	.	PUNCT
taxlaw-2799	922	1	as	as	SCONJ
taxlaw-2799	922	2	described	describe	VERB
taxlaw-2799	922	3	above	above	ADV
taxlaw-2799	922	4	,	,	PUNCT
taxlaw-2799	922	5	the	the	DET
taxlaw-2799	922	6	clearinghouse	clearinghouse	NOUN
taxlaw-2799	922	7	will	will	AUX
taxlaw-2799	922	8	net	net	VERB
taxlaw-2799	922	9	those	those	DET
taxlaw-2799	922	10	two	two	NUM
taxlaw-2799	922	11	swaps	swap	NOUN
taxlaw-2799	922	12	,	,	PUNCT
taxlaw-2799	922	13	leaving	leave	VERB
taxlaw-2799	922	14	the	the	DET
taxlaw-2799	922	15	party	party	NOUN
taxlaw-2799	922	16	with	with	ADP
taxlaw-2799	922	17	a	a	DET
taxlaw-2799	922	18	zero	zero	NUM
taxlaw-2799	922	19	net	net	ADJ
taxlaw-2799	922	20	position	position	NOUN
taxlaw-2799	922	21	.	.	PUNCT
taxlaw-2799	923	1	if	if	SCONJ
taxlaw-2799	923	2	the	the	DET
taxlaw-2799	923	3	value	value	NOUN
taxlaw-2799	923	4	of	of	ADP
taxlaw-2799	923	5	the	the	DET
taxlaw-2799	923	6	swap	swap	NOUN
taxlaw-2799	923	7	has	have	AUX
taxlaw-2799	923	8	changed	change	VERB
taxlaw-2799	923	9	in	in	ADP
taxlaw-2799	923	10	the	the	DET
taxlaw-2799	923	11	party	party	NOUN
taxlaw-2799	923	12	’s	’s	PART
taxlaw-2799	923	13	favor	favor	NOUN
taxlaw-2799	923	14	since	since	SCONJ
taxlaw-2799	923	15	the	the	DET
taxlaw-2799	923	16	party	party	NOUN
taxlaw-2799	923	17	entered	enter	VERB
taxlaw-2799	923	18	into	into	ADP
taxlaw-2799	923	19	the	the	DET
taxlaw-2799	923	20	first	first	ADJ
taxlaw-2799	923	21	swap	swap	NOUN
taxlaw-2799	923	22	,	,	PUNCT
taxlaw-2799	923	23	it	it	PRON
taxlaw-2799	923	24	will	will	AUX
taxlaw-2799	923	25	have	have	AUX
taxlaw-2799	923	26	received	receive	VERB
taxlaw-2799	923	27	variation	variation	NOUN
taxlaw-2799	923	28	margin	margin	NOUN
taxlaw-2799	923	29	on	on	ADP
taxlaw-2799	923	30	the	the	DET
taxlaw-2799	923	31	first	first	ADJ
taxlaw-2799	923	32	swap	swap	NOUN
taxlaw-2799	923	33	,	,	PUNCT
taxlaw-2799	923	34	which	which	PRON
taxlaw-2799	923	35	in	in	ADP
taxlaw-2799	923	36	effect	effect	NOUN
taxlaw-2799	923	37	it	it	PRON
taxlaw-2799	923	38	will	will	AUX
taxlaw-2799	923	39	be	be	AUX
taxlaw-2799	923	40	entitled	entitle	VERB
taxlaw-2799	923	41	to	to	PART
taxlaw-2799	923	42	keep	keep	VERB
taxlaw-2799	923	43	once	once	ADV
taxlaw-2799	923	44	the	the	DET
taxlaw-2799	923	45	swap	swap	NOUN
taxlaw-2799	923	46	is	be	AUX
taxlaw-2799	923	47	closed	close	VERB
taxlaw-2799	923	48	out	out	ADP
taxlaw-2799	923	49	.	.	PUNCT
taxlaw-2799	924	1	that	that	PRON
taxlaw-2799	924	2	is	is	ADV
taxlaw-2799	924	3	,	,	PUNCT
taxlaw-2799	924	4	the	the	DET
taxlaw-2799	924	5	variation	variation	NOUN
taxlaw-2799	924	6	margin	margin	NOUN
taxlaw-2799	924	7	will	will	AUX
taxlaw-2799	924	8	have	have	AUX
taxlaw-2799	924	9	turned	turn	VERB
taxlaw-2799	924	10	into	into	ADP
taxlaw-2799	924	11	realized	realize	VERB
taxlaw-2799	924	12	gain	gain	NOUN
taxlaw-2799	924	13	.	.	PUNCT
taxlaw-2799	925	1	because	because	SCONJ
taxlaw-2799	925	2	the	the	DET
taxlaw-2799	925	3	new	new	ADJ
taxlaw-2799	925	4	swap	swap	NOUN
taxlaw-2799	925	5	offsets	offset	VERB
taxlaw-2799	925	6	the	the	DET
taxlaw-2799	925	7	first	first	ADJ
taxlaw-2799	925	8	swap	swap	NOUN
taxlaw-2799	925	9	,	,	PUNCT
taxlaw-2799	925	10	the	the	DET
taxlaw-2799	925	11	party	party	NOUN
taxlaw-2799	925	12	also	also	ADV
taxlaw-2799	925	13	will	will	AUX
taxlaw-2799	925	14	be	be	AUX
taxlaw-2799	925	15	obligated	obligate	VERB
taxlaw-2799	925	16	to	to	PART
taxlaw-2799	925	17	make	make	VERB
taxlaw-2799	925	18	an	an	DET
taxlaw-2799	925	19	upfront	upfront	ADJ
taxlaw-2799	925	20	payment	payment	NOUN
taxlaw-2799	925	21	on	on	ADP
taxlaw-2799	925	22	the	the	DET
taxlaw-2799	925	23	second	second	ADJ
taxlaw-2799	925	24	swap	swap	NOUN
taxlaw-2799	925	25	(	(	PUNCT
taxlaw-2799	925	26	which	which	PRON
taxlaw-2799	925	27	it	it	PRON
taxlaw-2799	925	28	will	will	AUX
taxlaw-2799	925	29	get	get	VERB
taxlaw-2799	925	30	back	back	ADV
taxlaw-2799	925	31	as	as	ADP
taxlaw-2799	925	32	variation	variation	NOUN
taxlaw-2799	925	33	margin	margin	NOUN
taxlaw-2799	925	34	,	,	PUNCT
taxlaw-2799	925	35	as	as	SCONJ
taxlaw-2799	925	36	described	describe	VERB
taxlaw-2799	925	37	above).81	above).81	PROPN
taxlaw-2799	925	38	as	as	ADP
taxlaw-2799	925	39	a	a	DET
taxlaw-2799	925	40	result	result	NOUN
taxlaw-2799	925	41	,	,	PUNCT
taxlaw-2799	925	42	although	although	SCONJ
taxlaw-2799	925	43	the	the	DET
taxlaw-2799	925	44	second	second	ADJ
taxlaw-2799	925	45	swap	swap	NOUN
taxlaw-2799	925	46	just	just	ADV
taxlaw-2799	925	47	closes	close	VERB
taxlaw-2799	925	48	out	out	ADP
taxlaw-2799	925	49	the	the	DET
taxlaw-2799	925	50	first	first	ADJ
taxlaw-2799	925	51	swap	swap	NOUN
taxlaw-2799	925	52	,	,	PUNCT
taxlaw-2799	925	53	it	it	PRON
taxlaw-2799	925	54	looks	look	VERB
taxlaw-2799	925	55	like	like	ADP
taxlaw-2799	925	56	a	a	DET
taxlaw-2799	925	57	new	new	ADJ
taxlaw-2799	925	58	transaction	transaction	NOUN
taxlaw-2799	925	59	with	with	ADP
taxlaw-2799	925	60	a	a	DET
taxlaw-2799	925	61	new	new	ADJ
taxlaw-2799	925	62	upfront	upfront	ADJ
taxlaw-2799	925	63	payment	payment	NOUN
taxlaw-2799	925	64	.	.	PUNCT
taxlaw-2799	926	1	as	as	ADP
taxlaw-2799	926	2	a	a	DET
taxlaw-2799	926	3	practical	practical	ADJ
taxlaw-2799	926	4	matter	matter	NOUN
taxlaw-2799	926	5	,	,	PUNCT
taxlaw-2799	926	6	it	it	PRON
taxlaw-2799	926	7	may	may	AUX
taxlaw-2799	926	8	be	be	AUX
taxlaw-2799	926	9	difficult	difficult	ADJ
taxlaw-2799	926	10	to	to	PART
taxlaw-2799	926	11	keep	keep	VERB
taxlaw-2799	926	12	track	track	NOUN
taxlaw-2799	926	13	of	of	ADP
taxlaw-2799	926	14	when	when	SCONJ
taxlaw-2799	926	15	a	a	DET
taxlaw-2799	926	16	new	new	ADJ
taxlaw-2799	926	17	swap	swap	NOUN
taxlaw-2799	926	18	is	be	AUX
taxlaw-2799	926	19	really	really	ADV
taxlaw-2799	926	20	a	a	DET
taxlaw-2799	926	21	new	new	ADJ
taxlaw-2799	926	22	transaction	transaction	NOUN
taxlaw-2799	926	23	as	as	SCONJ
taxlaw-2799	926	24	opposed	oppose	VERB
taxlaw-2799	926	25	to	to	ADP
taxlaw-2799	926	26	the	the	DET
taxlaw-2799	926	27	closing	closing	NOUN
taxlaw-2799	926	28	out	out	ADP
taxlaw-2799	926	29	of	of	ADP
taxlaw-2799	926	30	an	an	DET
taxlaw-2799	926	31	old	old	ADJ
taxlaw-2799	926	32	transaction	transaction	NOUN
taxlaw-2799	926	33	.	.	PUNCT
taxlaw-2799	927	1	and	and	CCONJ
taxlaw-2799	927	2	since	since	SCONJ
taxlaw-2799	927	3	a	a	DET
taxlaw-2799	927	4	swap	swap	NOUN
taxlaw-2799	927	5	is	be	AUX
taxlaw-2799	927	6	likely	likely	ADJ
taxlaw-2799	927	7	to	to	PART
taxlaw-2799	927	8	have	have	AUX
taxlaw-2799	927	9	changed	change	VERB
taxlaw-2799	927	10	in	in	ADP
taxlaw-2799	927	11	value	value	NOUN
taxlaw-2799	927	12	when	when	SCONJ
taxlaw-2799	927	13	it	it	PRON
taxlaw-2799	927	14	is	be	AUX
taxlaw-2799	927	15	closed	close	VERB
taxlaw-2799	927	16	out	out	ADP
taxlaw-2799	927	17	,	,	PUNCT
taxlaw-2799	927	18	upfront	upfront	ADJ
taxlaw-2799	927	19	payments	payment	NOUN
taxlaw-2799	927	20	on	on	ADP
taxlaw-2799	927	21	close	close	ADJ
taxlaw-2799	927	22	-	-	PUNCT
taxlaw-2799	927	23	out	out	ADP
taxlaw-2799	927	24	swaps	swap	NOUN
taxlaw-2799	927	25	are	be	AUX
taxlaw-2799	927	26	expected	expect	VERB
taxlaw-2799	927	27	to	to	PART
taxlaw-2799	927	28	be	be	AUX
taxlaw-2799	927	29	common	common	ADJ
taxlaw-2799	927	30	.	.	PUNCT
taxlaw-2799	928	1	backloading	backloading	NOUN
taxlaw-2799	928	2	and	and	CCONJ
taxlaw-2799	928	3	clearing	clearing	NOUN
taxlaw-2799	928	4	member	member	NOUN
taxlaw-2799	928	5	defaults	default	NOUN
taxlaw-2799	928	6	may	may	AUX
taxlaw-2799	928	7	or	or	CCONJ
taxlaw-2799	928	8	may	may	AUX
taxlaw-2799	928	9	not	not	PART
taxlaw-2799	928	10	give	give	VERB
taxlaw-2799	928	11	rise	rise	NOUN
taxlaw-2799	928	12	to	to	ADP
taxlaw-2799	928	13	deemed	deem	VERB
taxlaw-2799	928	14	upfront	upfront	ADJ
taxlaw-2799	928	15	payments	payment	NOUN
taxlaw-2799	928	16	.	.	PUNCT
taxlaw-2799	929	1	backloading	backloading	NOUN
taxlaw-2799	929	2	is	be	AUX
taxlaw-2799	929	3	the	the	DET
taxlaw-2799	929	4	process	process	NOUN
taxlaw-2799	929	5	of	of	ADP
taxlaw-2799	929	6	moving	move	VERB
taxlaw-2799	929	7	historic	historic	ADJ
taxlaw-2799	929	8	bilateral	bilateral	ADJ
taxlaw-2799	929	9	swaps	swap	NOUN
taxlaw-2799	929	10	into	into	ADP
taxlaw-2799	929	11	a	a	DET
taxlaw-2799	929	12	central	central	ADJ
taxlaw-2799	929	13	clearing	clearing	NOUN
taxlaw-2799	929	14	system	system	NOUN
taxlaw-2799	929	15	.	.	PUNCT
taxlaw-2799	930	1	since	since	SCONJ
taxlaw-2799	930	2	those	those	DET
taxlaw-2799	930	3	swaps	swap	NOUN
taxlaw-2799	930	4	will	will	AUX
taxlaw-2799	930	5	be	be	AUX
taxlaw-2799	930	6	off	off	ADP
taxlaw-2799	930	7	-	-	PUNCT
taxlaw-2799	930	8	market	market	NOUN
taxlaw-2799	930	9	when	when	SCONJ
taxlaw-2799	930	10	cleared	clear	VERB
taxlaw-2799	930	11	,	,	PUNCT
taxlaw-2799	930	12	there	there	PRON
taxlaw-2799	930	13	will	will	AUX
taxlaw-2799	930	14	be	be	AUX
taxlaw-2799	930	15	an	an	DET
taxlaw-2799	930	16	immediate	immediate	ADJ
taxlaw-2799	930	17	variation	variation	NOUN
taxlaw-2799	930	18	margin	margin	NOUN
taxlaw-2799	930	19	payment	payment	NOUN
taxlaw-2799	930	20	made	make	VERB
taxlaw-2799	930	21	.	.	PUNCT
taxlaw-2799	931	1	posting	post	VERB
taxlaw-2799	931	2	cash	cash	NOUN
taxlaw-2799	931	3	collateral	collateral	NOUN
taxlaw-2799	931	4	is	be	AUX
taxlaw-2799	931	5	a	a	DET
taxlaw-2799	931	6	type	type	NOUN
taxlaw-2799	931	7	of	of	ADP
taxlaw-2799	931	8	deposit	deposit	NOUN
taxlaw-2799	931	9	or	or	CCONJ
taxlaw-2799	931	10	loan	loan	NOUN
taxlaw-2799	931	11	(	(	PUNCT
taxlaw-2799	931	12	although	although	SCONJ
taxlaw-2799	931	13	not	not	PART
taxlaw-2799	931	14	an	an	DET
taxlaw-2799	931	15	investment	investment	NOUN
taxlaw-2799	931	16	in	in	ADP
taxlaw-2799	931	17	united	united	PROPN
taxlaw-2799	931	18	states	states	PROPN
taxlaw-2799	931	19	property	property	NOUN
taxlaw-2799	931	20	,	,	PUNCT
taxlaw-2799	931	21	under	under	ADP
taxlaw-2799	931	22	§	§	PROPN
taxlaw-2799	931	23	956(c)(2)(i	956(c)(2)(i	NUM
taxlaw-2799	931	24	)	)	PUNCT
taxlaw-2799	931	25	,	,	PUNCT
taxlaw-2799	931	26	at	at	ADP
taxlaw-2799	931	27	least	least	ADJ
taxlaw-2799	931	28	for	for	ADP
taxlaw-2799	931	29	dealers	dealer	NOUN
taxlaw-2799	931	30	)	)	PUNCT
taxlaw-2799	931	31	.	.	PUNCT
taxlaw-2799	932	1	moreover	moreover	ADV
taxlaw-2799	932	2	,	,	PUNCT
taxlaw-2799	932	3	if	if	SCONJ
taxlaw-2799	932	4	the	the	DET
taxlaw-2799	932	5	clearing	clearing	NOUN
taxlaw-2799	932	6	of	of	ADP
taxlaw-2799	932	7	the	the	DET
taxlaw-2799	932	8	swap	swap	NOUN
taxlaw-2799	932	9	is	be	AUX
taxlaw-2799	932	10	treated	treat	VERB
taxlaw-2799	932	11	as	as	ADP
taxlaw-2799	932	12	a	a	DET
taxlaw-2799	932	13	“	"	PUNCT
taxlaw-2799	932	14	section	section	NOUN
taxlaw-2799	932	15	1001	1001	NUM
taxlaw-2799	932	16	event	event	NOUN
taxlaw-2799	932	17	,	,	PUNCT
taxlaw-2799	932	18	”	"	PUNCT
taxlaw-2799	932	19	the	the	DET
taxlaw-2799	932	20	“	"	PUNCT
taxlaw-2799	932	21	new	new	ADJ
taxlaw-2799	932	22	”	"	PUNCT
taxlaw-2799	932	23	swap	swap	NOUN
taxlaw-2799	932	24	would	would	AUX
taxlaw-2799	932	25	be	be	AUX
taxlaw-2799	932	26	deemed	deem	VERB
taxlaw-2799	932	27	to	to	PART
taxlaw-2799	932	28	have	have	VERB
taxlaw-2799	932	29	an	an	DET
taxlaw-2799	932	30	upfront	upfront	ADJ
taxlaw-2799	932	31	81	81	NUM
taxlaw-2799	932	32	that	that	PRON
taxlaw-2799	932	33	is	be	AUX
taxlaw-2799	932	34	,	,	PUNCT
taxlaw-2799	932	35	assuming	assume	VERB
taxlaw-2799	932	36	that	that	SCONJ
taxlaw-2799	932	37	the	the	DET
taxlaw-2799	932	38	original	original	ADJ
taxlaw-2799	932	39	swap	swap	NOUN
taxlaw-2799	932	40	is	be	AUX
taxlaw-2799	932	41	now	now	ADV
taxlaw-2799	932	42	$	$	SYM
taxlaw-2799	932	43	5	5	NUM
taxlaw-2799	932	44	in	in	ADP
taxlaw-2799	932	45	the	the	DET
taxlaw-2799	932	46	money	money	NOUN
taxlaw-2799	932	47	to	to	ADP
taxlaw-2799	932	48	this	this	DET
taxlaw-2799	932	49	party	party	NOUN
taxlaw-2799	932	50	,	,	PUNCT
taxlaw-2799	932	51	the	the	DET
taxlaw-2799	932	52	party	party	NOUN
taxlaw-2799	932	53	will	will	AUX
taxlaw-2799	932	54	have	have	AUX
taxlaw-2799	932	55	received	receive	VERB
taxlaw-2799	932	56	$	$	SYM
taxlaw-2799	932	57	5	5	NUM
taxlaw-2799	932	58	of	of	ADP
taxlaw-2799	932	59	variation	variation	NOUN
taxlaw-2799	932	60	margin	margin	NOUN
taxlaw-2799	932	61	on	on	ADP
taxlaw-2799	932	62	the	the	DET
taxlaw-2799	932	63	first	first	ADJ
taxlaw-2799	932	64	swap	swap	NOUN
taxlaw-2799	932	65	,	,	PUNCT
taxlaw-2799	932	66	will	will	AUX
taxlaw-2799	932	67	make	make	VERB
taxlaw-2799	932	68	a	a	DET
taxlaw-2799	932	69	$	$	SYM
taxlaw-2799	932	70	5	5	NUM
taxlaw-2799	932	71	upfront	upfront	ADJ
taxlaw-2799	932	72	payment	payment	NOUN
taxlaw-2799	932	73	on	on	ADP
taxlaw-2799	932	74	the	the	DET
taxlaw-2799	932	75	second	second	ADJ
taxlaw-2799	932	76	swap	swap	NOUN
taxlaw-2799	932	77	and	and	CCONJ
taxlaw-2799	932	78	will	will	AUX
taxlaw-2799	932	79	receive	receive	VERB
taxlaw-2799	932	80	back	back	ADP
taxlaw-2799	932	81	$	$	SYM
taxlaw-2799	932	82	5	5	NUM
taxlaw-2799	932	83	of	of	ADP
taxlaw-2799	932	84	variation	variation	NOUN
taxlaw-2799	932	85	margin	margin	NOUN
taxlaw-2799	932	86	on	on	ADP
taxlaw-2799	932	87	the	the	DET
taxlaw-2799	932	88	second	second	ADJ
taxlaw-2799	932	89	swap	swap	NOUN
taxlaw-2799	932	90	.	.	PUNCT
taxlaw-2799	933	1	when	when	SCONJ
taxlaw-2799	933	2	all	all	PRON
taxlaw-2799	933	3	is	be	AUX
taxlaw-2799	933	4	said	say	VERB
taxlaw-2799	933	5	and	and	CCONJ
taxlaw-2799	933	6	done	do	VERB
taxlaw-2799	933	7	,	,	PUNCT
taxlaw-2799	933	8	the	the	DET
taxlaw-2799	933	9	party	party	NOUN
taxlaw-2799	933	10	has	have	VERB
taxlaw-2799	933	11	$	$	SYM
taxlaw-2799	933	12	5	5	NUM
taxlaw-2799	933	13	that	that	SCONJ
taxlaw-2799	933	14	it	it	PRON
taxlaw-2799	933	15	is	be	AUX
taxlaw-2799	933	16	entitled	entitle	VERB
taxlaw-2799	933	17	to	to	PART
taxlaw-2799	933	18	keep	keep	VERB
taxlaw-2799	933	19	outright	outright	ADJ
taxlaw-2799	933	20	.	.	PUNCT
taxlaw-2799	934	1	46	46	NUM
taxlaw-2799	934	2	columbia	columbia	PROPN
taxlaw-2799	934	3	jour	jour	PROPN
taxlaw-2799	934	4	al	al	PROPN
taxlaw-2799	934	5	of	of	ADP
taxlaw-2799	934	6	tax	tax	NOUN
taxlaw-2799	934	7	law	law	NOUN
taxlaw-2799	934	8	[	[	X
taxlaw-2799	934	9	vol	vol	NOUN
taxlaw-2799	934	10	.	.	PUNCT
taxlaw-2799	934	11	2:1	2:1	NUM
taxlaw-2799	934	12	payment.82	payment.82	VERB
taxlaw-2799	934	13	a	a	DET
taxlaw-2799	934	14	clearing	clearing	NOUN
taxlaw-2799	934	15	member	member	NOUN
taxlaw-2799	934	16	default	default	NOUN
taxlaw-2799	934	17	raises	raise	VERB
taxlaw-2799	934	18	similar	similar	ADJ
taxlaw-2799	934	19	issues	issue	NOUN
taxlaw-2799	934	20	,	,	PUNCT
taxlaw-2799	934	21	because	because	SCONJ
taxlaw-2799	934	22	the	the	DET
taxlaw-2799	934	23	defaulting	default	VERB
taxlaw-2799	934	24	member	member	NOUN
taxlaw-2799	934	25	’s	’s	PART
taxlaw-2799	934	26	swaps	swap	NOUN
taxlaw-2799	934	27	may	may	AUX
taxlaw-2799	934	28	be	be	AUX
taxlaw-2799	934	29	transferred	transfer	VERB
taxlaw-2799	934	30	to	to	ADP
taxlaw-2799	934	31	another	another	DET
taxlaw-2799	934	32	clearing	clearing	NOUN
taxlaw-2799	934	33	member	member	NOUN
taxlaw-2799	934	34	.	.	PUNCT
taxlaw-2799	935	1	with	with	ADP
taxlaw-2799	935	2	apologies	apology	NOUN
taxlaw-2799	935	3	to	to	ADP
taxlaw-2799	935	4	the	the	DET
taxlaw-2799	935	5	reader	reader	NOUN
taxlaw-2799	935	6	for	for	ADP
taxlaw-2799	935	7	the	the	DET
taxlaw-2799	935	8	lengthy	lengthy	ADJ
taxlaw-2799	935	9	and	and	CCONJ
taxlaw-2799	935	10	meandering	meandering	NOUN
taxlaw-2799	935	11	prelude	prelude	NOUN
taxlaw-2799	935	12	,	,	PUNCT
taxlaw-2799	935	13	part	part	NOUN
taxlaw-2799	935	14	iii	iii	NUM
taxlaw-2799	935	15	next	next	ADJ
taxlaw-2799	935	16	turns	turn	VERB
taxlaw-2799	935	17	to	to	ADP
taxlaw-2799	935	18	the	the	DET
taxlaw-2799	935	19	first	first	ADJ
taxlaw-2799	935	20	principal	principal	ADJ
taxlaw-2799	935	21	issue	issue	NOUN
taxlaw-2799	935	22	discussed	discuss	VERB
taxlaw-2799	935	23	in	in	ADP
taxlaw-2799	935	24	this	this	DET
taxlaw-2799	935	25	article	article	NOUN
taxlaw-2799	935	26	,	,	PUNCT
taxlaw-2799	935	27	namely	namely	ADV
taxlaw-2799	935	28	the	the	DET
taxlaw-2799	935	29	meaning	meaning	NOUN
taxlaw-2799	935	30	and	and	CCONJ
taxlaw-2799	935	31	implications	implication	NOUN
taxlaw-2799	935	32	of	of	ADP
taxlaw-2799	935	33	dodd	dodd	PROPN
taxlaw-2799	935	34	-	-	PUNCT
taxlaw-2799	935	35	frank	frank	PROPN
taxlaw-2799	935	36	’s	’s	PROPN
taxlaw-2799	935	37	amendment	amendment	NOUN
taxlaw-2799	935	38	to	to	ADP
taxlaw-2799	935	39	§	§	PROPN
taxlaw-2799	935	40	1256	1256	NUM
taxlaw-2799	935	41	.	.	PUNCT
taxlaw-2799	936	1	iii	iii	X
taxlaw-2799	936	2	.	.	PUNCT
taxlaw-2799	937	1	the	the	DET
taxlaw-2799	937	2	dodd	dodd	PROPN
taxlaw-2799	937	3	-	-	PUNCT
taxlaw-2799	937	4	frank	frank	PROPN
taxlaw-2799	937	5	amendment	amendment	NOUN
taxlaw-2799	937	6	to	to	PART
taxlaw-2799	937	7	section	section	NOUN
taxlaw-2799	937	8	1256	1256	NUM
taxlaw-2799	937	9	.	.	PUNCT
taxlaw-2799	938	1	dodd	dodd	PROPN
taxlaw-2799	938	2	-	-	PUNCT
taxlaw-2799	938	3	frank	frank	PROPN
taxlaw-2799	938	4	has	have	VERB
taxlaw-2799	938	5	sixteen	sixteen	NUM
taxlaw-2799	938	6	titles	title	NOUN
taxlaw-2799	938	7	covering	cover	VERB
taxlaw-2799	938	8	849	849	NUM
taxlaw-2799	938	9	pages	page	NOUN
taxlaw-2799	938	10	in	in	ADP
taxlaw-2799	938	11	the	the	DET
taxlaw-2799	938	12	official	official	ADJ
taxlaw-2799	938	13	printed	print	VERB
taxlaw-2799	938	14	version	version	NOUN
taxlaw-2799	938	15	.	.	PUNCT
taxlaw-2799	939	1	on	on	ADP
taxlaw-2799	939	2	the	the	DET
taxlaw-2799	939	3	very	very	ADV
taxlaw-2799	939	4	last	last	ADJ
taxlaw-2799	939	5	of	of	ADP
taxlaw-2799	939	6	those	those	DET
taxlaw-2799	939	7	pages	page	NOUN
taxlaw-2799	939	8	,	,	PUNCT
taxlaw-2799	939	9	there	there	PRON
taxlaw-2799	939	10	is	be	VERB
taxlaw-2799	939	11	an	an	DET
taxlaw-2799	939	12	amendment	amendment	NOUN
taxlaw-2799	939	13	to	to	ADP
taxlaw-2799	939	14	§	§	PROPN
taxlaw-2799	939	15	1256	1256	NUM
taxlaw-2799	939	16	.	.	PUNCT
taxlaw-2799	940	1	as	as	SCONJ
taxlaw-2799	940	2	this	this	DET
taxlaw-2799	940	3	placement	placement	NOUN
taxlaw-2799	940	4	suggests	suggest	VERB
taxlaw-2799	940	5	,	,	PUNCT
taxlaw-2799	940	6	the	the	DET
taxlaw-2799	940	7	§	§	PROPN
taxlaw-2799	940	8	1256	1256	NUM
taxlaw-2799	940	9	amendment	amendment	NOUN
taxlaw-2799	940	10	was	be	AUX
taxlaw-2799	940	11	added	add	VERB
taxlaw-2799	940	12	to	to	ADP
taxlaw-2799	940	13	dodd	dodd	PROPN
taxlaw-2799	940	14	-	-	PUNCT
taxlaw-2799	940	15	frank	frank	PROPN
taxlaw-2799	940	16	very	very	ADV
taxlaw-2799	940	17	late	late	ADV
taxlaw-2799	940	18	in	in	ADP
taxlaw-2799	940	19	the	the	DET
taxlaw-2799	940	20	legislative	legislative	ADJ
taxlaw-2799	940	21	process	process	NOUN
taxlaw-2799	940	22	,	,	PUNCT
taxlaw-2799	940	23	during	during	ADP
taxlaw-2799	940	24	the	the	DET
taxlaw-2799	940	25	conference	conference	NOUN
taxlaw-2799	940	26	between	between	ADP
taxlaw-2799	940	27	the	the	DET
taxlaw-2799	940	28	house	house	PROPN
taxlaw-2799	940	29	and	and	CCONJ
taxlaw-2799	940	30	senate	senate	PROPN
taxlaw-2799	940	31	to	to	PART
taxlaw-2799	940	32	reconcile	reconcile	VERB
taxlaw-2799	940	33	their	their	PRON
taxlaw-2799	940	34	differing	differ	VERB
taxlaw-2799	940	35	versions	version	NOUN
taxlaw-2799	940	36	of	of	ADP
taxlaw-2799	940	37	the	the	DET
taxlaw-2799	940	38	bill	bill	NOUN
taxlaw-2799	940	39	.	.	PUNCT
taxlaw-2799	941	1	the	the	DET
taxlaw-2799	941	2	legislative	legislative	ADJ
taxlaw-2799	941	3	history	history	NOUN
taxlaw-2799	941	4	to	to	ADP
taxlaw-2799	941	5	this	this	DET
taxlaw-2799	941	6	amendment	amendment	NOUN
taxlaw-2799	941	7	consists	consist	VERB
taxlaw-2799	941	8	of	of	ADP
taxlaw-2799	941	9	a	a	DET
taxlaw-2799	941	10	single	single	ADJ
taxlaw-2799	941	11	sentence	sentence	NOUN
taxlaw-2799	941	12	.	.	PUNCT
taxlaw-2799	942	1	the	the	DET
taxlaw-2799	942	2	operative	operative	ADJ
taxlaw-2799	942	3	provision	provision	NOUN
taxlaw-2799	942	4	in	in	ADP
taxlaw-2799	942	5	the	the	DET
taxlaw-2799	942	6	amendment	amendment	NOUN
taxlaw-2799	942	7	and	and	CCONJ
taxlaw-2799	942	8	the	the	DET
taxlaw-2799	942	9	legislative	legislative	ADJ
taxlaw-2799	942	10	history	history	NOUN
taxlaw-2799	942	11	are	be	AUX
taxlaw-2799	942	12	as	as	SCONJ
taxlaw-2799	942	13	follows	follow	VERB
taxlaw-2799	942	14	:	:	PUNCT
taxlaw-2799	942	15	amendment	amendment	NOUN
taxlaw-2799	942	16	:	:	PUNCT
taxlaw-2799	942	17	the	the	DET
taxlaw-2799	942	18	term	term	NOUN
taxlaw-2799	942	19	‘	'	PUNCT
taxlaw-2799	942	20	section	section	NOUN
taxlaw-2799	942	21	1256	1256	NUM
taxlaw-2799	942	22	contract	contract	NOUN
taxlaw-2799	942	23	’	'	PUNCT
taxlaw-2799	942	24	shall	shall	AUX
taxlaw-2799	942	25	not	not	PART
taxlaw-2799	942	26	include	include	VERB
taxlaw-2799	942	27	—	—	PUNCT
taxlaw-2799	942	28	.	.	PUNCT
taxlaw-2799	942	29	.	.	PUNCT
taxlaw-2799	942	30	.	.	PUNCT
taxlaw-2799	942	31	.	.	PUNCT
taxlaw-2799	943	1	‘	'	PUNCT
taxlaw-2799	943	2	‘	'	PUNCT
taxlaw-2799	943	3	(	(	PUNCT
taxlaw-2799	943	4	b	b	X
taxlaw-2799	943	5	)	)	PUNCT
taxlaw-2799	943	6	any	any	DET
taxlaw-2799	943	7	interest	interest	NOUN
taxlaw-2799	943	8	rate	rate	NOUN
taxlaw-2799	943	9	swap	swap	NOUN
taxlaw-2799	943	10	,	,	PUNCT
taxlaw-2799	943	11	currency	currency	NOUN
taxlaw-2799	943	12	swap	swap	NOUN
taxlaw-2799	943	13	,	,	PUNCT
taxlaw-2799	943	14	basis	basis	NOUN
taxlaw-2799	943	15	swap	swap	NOUN
taxlaw-2799	943	16	,	,	PUNCT
taxlaw-2799	943	17	interest	interest	NOUN
taxlaw-2799	943	18	rate	rate	NOUN
taxlaw-2799	943	19	cap	cap	NOUN
taxlaw-2799	943	20	,	,	PUNCT
taxlaw-2799	943	21	interest	interest	NOUN
taxlaw-2799	943	22	rate	rate	NOUN
taxlaw-2799	943	23	floor	floor	NOUN
taxlaw-2799	943	24	,	,	PUNCT
taxlaw-2799	943	25	commodity	commodity	NOUN
taxlaw-2799	943	26	swap	swap	NOUN
taxlaw-2799	943	27	,	,	PUNCT
taxlaw-2799	943	28	equity	equity	NOUN
taxlaw-2799	943	29	swap	swap	NOUN
taxlaw-2799	943	30	,	,	PUNCT
taxlaw-2799	943	31	equity	equity	NOUN
taxlaw-2799	943	32	index	index	NOUN
taxlaw-2799	943	33	swap	swap	NOUN
taxlaw-2799	943	34	,	,	PUNCT
taxlaw-2799	943	35	credit	credit	NOUN
taxlaw-2799	943	36	default	default	NOUN
taxlaw-2799	943	37	swap	swap	NOUN
taxlaw-2799	943	38	,	,	PUNCT
taxlaw-2799	943	39	or	or	CCONJ
taxlaw-2799	943	40	similar	similar	ADJ
taxlaw-2799	943	41	agreement	agreement	NOUN
taxlaw-2799	943	42	.	.	PUNCT
taxlaw-2799	944	1	’’.83	’’.83	ADJ
taxlaw-2799	944	2	legislative	legislative	ADJ
taxlaw-2799	944	3	history	history	NOUN
taxlaw-2799	944	4	:	:	PUNCT
taxlaw-2799	945	1	[	[	X
taxlaw-2799	945	2	title	title	NOUN
taxlaw-2799	945	3	16	16	NUM
taxlaw-2799	945	4	]	]	PUNCT
taxlaw-2799	945	5	contains	contain	VERB
taxlaw-2799	945	6	a	a	DET
taxlaw-2799	945	7	provision	provision	NOUN
taxlaw-2799	945	8	to	to	PART
taxlaw-2799	945	9	address	address	VERB
taxlaw-2799	945	10	the	the	DET
taxlaw-2799	945	11	recharacterization	recharacterization	NOUN
taxlaw-2799	945	12	of	of	ADP
taxlaw-2799	945	13	income	income	NOUN
taxlaw-2799	945	14	as	as	ADP
taxlaw-2799	945	15	a	a	DET
taxlaw-2799	945	16	result	result	NOUN
taxlaw-2799	945	17	of	of	ADP
taxlaw-2799	945	18	increased	increase	VERB
taxlaw-2799	945	19	exchange	exchange	NOUN
taxlaw-2799	945	20	-	-	PUNCT
taxlaw-2799	945	21	trading	trading	NOUN
taxlaw-2799	945	22	of	of	ADP
taxlaw-2799	945	23	derivatives	derivative	NOUN
taxlaw-2799	945	24	contracts	contract	NOUN
taxlaw-2799	945	25	by	by	ADP
taxlaw-2799	945	26	clarifying	clarify	VERB
taxlaw-2799	945	27	that	that	SCONJ
taxlaw-2799	945	28	section	section	NOUN
taxlaw-2799	945	29	1256	1256	NUM
taxlaw-2799	945	30	of	of	ADP
taxlaw-2799	945	31	the	the	DET
taxlaw-2799	945	32	internal	internal	PROPN
taxlaw-2799	945	33	revenue	revenue	NOUN
taxlaw-2799	945	34	code	code	NOUN
taxlaw-2799	945	35	does	do	AUX
taxlaw-2799	945	36	not	not	PART
taxlaw-2799	945	37	apply	apply	VERB
taxlaw-2799	945	38	to	to	ADP
taxlaw-2799	945	39	certain	certain	ADJ
taxlaw-2799	945	40	derivatives	derivative	NOUN
taxlaw-2799	945	41	contracts	contract	NOUN
taxlaw-2799	945	42	transacted	transact	VERB
taxlaw-2799	945	43	on	on	ADP
taxlaw-2799	945	44	exchanges.84	exchanges.84	NOUN
taxlaw-2799	945	45	at	at	ADP
taxlaw-2799	945	46	a	a	DET
taxlaw-2799	945	47	high	high	ADJ
taxlaw-2799	945	48	level	level	NOUN
taxlaw-2799	945	49	,	,	PUNCT
taxlaw-2799	945	50	the	the	DET
taxlaw-2799	945	51	questions	question	NOUN
taxlaw-2799	945	52	raised	raise	VERB
taxlaw-2799	945	53	by	by	ADP
taxlaw-2799	945	54	this	this	DET
taxlaw-2799	945	55	amendment	amendment	NOUN
taxlaw-2799	945	56	are	be	AUX
taxlaw-2799	945	57	(	(	PUNCT
taxlaw-2799	945	58	i	i	NOUN
taxlaw-2799	945	59	)	)	PUNCT
taxlaw-2799	945	60	what	what	PRON
taxlaw-2799	945	61	financial	financial	ADJ
taxlaw-2799	945	62	instruments	instrument	NOUN
taxlaw-2799	945	63	are	be	AUX
taxlaw-2799	945	64	within	within	ADP
taxlaw-2799	945	65	its	its	PRON
taxlaw-2799	945	66	scope	scope	NOUN
taxlaw-2799	945	67	–	–	PUNCT
taxlaw-2799	945	68	more	more	ADV
taxlaw-2799	945	69	specifically	specifically	ADV
taxlaw-2799	945	70	,	,	PUNCT
taxlaw-2799	945	71	what	what	PRON
taxlaw-2799	945	72	constitutes	constitute	VERB
taxlaw-2799	945	73	a	a	DET
taxlaw-2799	945	74	“	"	PUNCT
taxlaw-2799	945	75	similar	similar	ADJ
taxlaw-2799	945	76	agreement	agreement	NOUN
taxlaw-2799	945	77	,	,	PUNCT
taxlaw-2799	945	78	”	"	PUNCT
taxlaw-2799	945	79	and	and	CCONJ
taxlaw-2799	945	80	(	(	PUNCT
taxlaw-2799	945	81	ii	ii	NOUN
taxlaw-2799	945	82	)	)	PUNCT
taxlaw-2799	945	83	whether	whether	SCONJ
taxlaw-2799	945	84	otc	otc	PROPN
taxlaw-2799	945	85	financial	financial	ADJ
taxlaw-2799	945	86	instruments	instrument	NOUN
taxlaw-2799	945	87	outside	outside	ADP
taxlaw-2799	945	88	the	the	DET
taxlaw-2799	945	89	amendment	amendment	NOUN
taxlaw-2799	945	90	’s	’s	PART
taxlaw-2799	945	91	scope	scope	NOUN
taxlaw-2799	945	92	that	that	PRON
taxlaw-2799	945	93	are	be	AUX
taxlaw-2799	945	94	traded	trade	VERB
taxlaw-2799	945	95	on	on	ADP
taxlaw-2799	945	96	an	an	DET
taxlaw-2799	945	97	exchange	exchange	NOUN
taxlaw-2799	945	98	pursuant	pursuant	ADJ
taxlaw-2799	945	99	to	to	ADP
taxlaw-2799	945	100	dodd	dodd	PROPN
taxlaw-2799	945	101	-	-	PUNCT
taxlaw-2799	945	102	frank	frank	PROPN
taxlaw-2799	945	103	currently	currently	ADV
taxlaw-2799	945	104	constitute	constitute	VERB
taxlaw-2799	945	105	section	section	NOUN
taxlaw-2799	945	106	1256	1256	NUM
taxlaw-2799	945	107	contracts	contract	NOUN
taxlaw-2799	945	108	.	.	PUNCT
taxlaw-2799	946	1	the	the	DET
taxlaw-2799	946	2	82	82	NUM
taxlaw-2799	946	3	see	see	NOUN
taxlaw-2799	946	4	supra	supra	PROPN
taxlaw-2799	946	5	note	note	PROPN
taxlaw-2799	946	6	44	44	NUM
taxlaw-2799	946	7	,	,	PUNCT
taxlaw-2799	946	8	for	for	ADP
taxlaw-2799	946	9	a	a	DET
taxlaw-2799	946	10	discussion	discussion	NOUN
taxlaw-2799	946	11	of	of	ADP
taxlaw-2799	946	12	the	the	DET
taxlaw-2799	946	13	potential	potential	NOUN
taxlaw-2799	946	14	for	for	ADP
taxlaw-2799	946	15	a	a	DET
taxlaw-2799	946	16	deemed	deem	VERB
taxlaw-2799	946	17	exchange	exchange	NOUN
taxlaw-2799	946	18	of	of	ADP
taxlaw-2799	946	19	swaps	swap	NOUN
taxlaw-2799	946	20	under	under	ADP
taxlaw-2799	946	21	§	§	PROPN
taxlaw-2799	946	22	1001	1001	NUM
taxlaw-2799	946	23	when	when	SCONJ
taxlaw-2799	946	24	an	an	DET
taxlaw-2799	946	25	existing	exist	VERB
taxlaw-2799	946	26	swap	swap	NOUN
taxlaw-2799	946	27	is	be	AUX
taxlaw-2799	946	28	cleared	clear	VERB
taxlaw-2799	946	29	by	by	ADP
taxlaw-2799	946	30	a	a	DET
taxlaw-2799	946	31	regulated	regulated	ADJ
taxlaw-2799	946	32	clearinghouse	clearinghouse	NOUN
taxlaw-2799	946	33	.	.	PUNCT
taxlaw-2799	947	1	83	83	NUM
taxlaw-2799	947	2	dodd	dodd	PROPN
taxlaw-2799	947	3	-	-	PUNCT
taxlaw-2799	947	4	frank	frank	PROPN
taxlaw-2799	947	5	wall	wall	PROPN
taxlaw-2799	947	6	street	street	PROPN
taxlaw-2799	947	7	reform	reform	PROPN
taxlaw-2799	947	8	and	and	CCONJ
taxlaw-2799	947	9	consumer	consumer	NOUN
taxlaw-2799	947	10	protection	protection	PROPN
taxlaw-2799	947	11	act	act	PROPN
taxlaw-2799	947	12	,	,	PUNCT
taxlaw-2799	947	13	pub	pub	NOUN
taxlaw-2799	947	14	.	.	PUNCT
taxlaw-2799	948	1	l.	l.	PROPN
taxlaw-2799	948	2	no	no	INTJ
taxlaw-2799	948	3	.	.	PROPN
taxlaw-2799	949	1	111203	111203	NUM
taxlaw-2799	949	2	,	,	PUNCT
taxlaw-2799	949	3	§	§	PROPN
taxlaw-2799	949	4	1601	1601	NUM
taxlaw-2799	949	5	,	,	PUNCT
taxlaw-2799	949	6	124	124	NUM
taxlaw-2799	949	7	stat	stat	NOUN
taxlaw-2799	949	8	.	.	PUNCT
taxlaw-2799	950	1	2223	2223	NUM
taxlaw-2799	950	2	(	(	PUNCT
taxlaw-2799	950	3	2010	2010	NUM
taxlaw-2799	950	4	)	)	PUNCT
taxlaw-2799	950	5	,	,	PUNCT
taxlaw-2799	950	6	amending	amend	VERB
taxlaw-2799	950	7	§	§	PROPN
taxlaw-2799	950	8	1256(b	1256(b	NUM
taxlaw-2799	950	9	)	)	PUNCT
taxlaw-2799	950	10	.	.	PUNCT
taxlaw-2799	951	1	section	section	NOUN
taxlaw-2799	951	2	1256(b	1256(b	NUM
taxlaw-2799	951	3	)	)	PUNCT
taxlaw-2799	951	4	defines	define	VERB
taxlaw-2799	951	5	the	the	DET
taxlaw-2799	951	6	term	term	NOUN
taxlaw-2799	951	7	“	"	PUNCT
taxlaw-2799	951	8	section	section	NOUN
taxlaw-2799	951	9	1256	1256	NUM
taxlaw-2799	951	10	contract	contract	NOUN
taxlaw-2799	951	11	”	"	PUNCT
taxlaw-2799	951	12	and	and	CCONJ
taxlaw-2799	951	13	provides	provide	VERB
taxlaw-2799	951	14	certain	certain	ADJ
taxlaw-2799	951	15	exclusions	exclusion	NOUN
taxlaw-2799	951	16	to	to	ADP
taxlaw-2799	951	17	that	that	DET
taxlaw-2799	951	18	term	term	NOUN
taxlaw-2799	951	19	.	.	PUNCT
taxlaw-2799	952	1	84	84	NUM
taxlaw-2799	952	2	h.r	h.r	PROPN
taxlaw-2799	952	3	.	.	PROPN
taxlaw-2799	952	4	rep	rep	PROPN
taxlaw-2799	952	5	.	.	PROPN
taxlaw-2799	952	6	no	no	PROPN
taxlaw-2799	952	7	.	.	NOUN
taxlaw-2799	952	8	111	111	NUM
taxlaw-2799	952	9	-	-	SYM
taxlaw-2799	952	10	517	517	NUM
taxlaw-2799	952	11	,	,	PUNCT
taxlaw-2799	952	12	at	at	ADP
taxlaw-2799	952	13	879	879	NUM
taxlaw-2799	952	14	(	(	PUNCT
taxlaw-2799	952	15	2010	2010	NUM
taxlaw-2799	952	16	)	)	PUNCT
taxlaw-2799	952	17	(	(	PUNCT
taxlaw-2799	952	18	conf	conf	NOUN
taxlaw-2799	952	19	.	.	PUNCT
taxlaw-2799	952	20	rep	rep	PROPN
taxlaw-2799	952	21	.	.	PROPN
taxlaw-2799	952	22	)	)	PUNCT
taxlaw-2799	952	23	.	.	PUNCT
taxlaw-2799	953	1	2011	2011	NUM
taxlaw-2799	953	2	]	]	PUNCT
taxlaw-2799	953	3	ew	ew	NOUN
taxlaw-2799	953	4	tax	tax	NOUN
taxlaw-2799	953	5	issues	issue	NOUN
taxlaw-2799	953	6	arisi	arisi	VERB
taxlaw-2799	953	7	g	g	PROPN
taxlaw-2799	953	8	from	from	ADP
taxlaw-2799	953	9	the	the	DET
taxlaw-2799	953	10	dodd	dodd	NOUN
taxlaw-2799	953	11	-	-	PUNCT
taxlaw-2799	953	12	fra	fra	PROPN
taxlaw-2799	953	13	k	k	PROPN
taxlaw-2799	953	14	act	act	PROPN
taxlaw-2799	953	15	47	47	NUM
taxlaw-2799	953	16	rather	rather	ADV
taxlaw-2799	953	17	limited	limited	ADJ
taxlaw-2799	953	18	legislative	legislative	ADJ
taxlaw-2799	953	19	history	history	NOUN
taxlaw-2799	953	20	does	do	AUX
taxlaw-2799	953	21	not	not	PART
taxlaw-2799	953	22	provide	provide	VERB
taxlaw-2799	953	23	a	a	DET
taxlaw-2799	953	24	great	great	ADJ
taxlaw-2799	953	25	deal	deal	NOUN
taxlaw-2799	953	26	of	of	ADP
taxlaw-2799	953	27	insight	insight	NOUN
taxlaw-2799	953	28	into	into	ADP
taxlaw-2799	953	29	these	these	DET
taxlaw-2799	953	30	questions	question	NOUN
taxlaw-2799	953	31	,	,	PUNCT
taxlaw-2799	953	32	but	but	CCONJ
taxlaw-2799	953	33	when	when	SCONJ
taxlaw-2799	953	34	one	one	PRON
taxlaw-2799	953	35	takes	take	VERB
taxlaw-2799	953	36	into	into	ADP
taxlaw-2799	953	37	account	account	NOUN
taxlaw-2799	953	38	the	the	DET
taxlaw-2799	953	39	history	history	NOUN
taxlaw-2799	953	40	of	of	ADP
taxlaw-2799	953	41	§	§	PROPN
taxlaw-2799	953	42	1256	1256	NUM
taxlaw-2799	953	43	and	and	CCONJ
taxlaw-2799	953	44	the	the	DET
taxlaw-2799	953	45	backdrop	backdrop	NOUN
taxlaw-2799	953	46	to	to	ADP
taxlaw-2799	953	47	this	this	DET
taxlaw-2799	953	48	amendment	amendment	NOUN
taxlaw-2799	953	49	,	,	PUNCT
taxlaw-2799	953	50	some	some	DET
taxlaw-2799	953	51	answers	answer	NOUN
taxlaw-2799	953	52	suggest	suggest	VERB
taxlaw-2799	953	53	themselves	themselves	PRON
taxlaw-2799	953	54	.	.	PUNCT
taxlaw-2799	954	1	in	in	ADP
taxlaw-2799	954	2	view	view	NOUN
taxlaw-2799	954	3	of	of	ADP
taxlaw-2799	954	4	the	the	DET
taxlaw-2799	954	5	magnitude	magnitude	NOUN
taxlaw-2799	954	6	of	of	ADP
taxlaw-2799	954	7	the	the	DET
taxlaw-2799	954	8	stakes	stake	NOUN
taxlaw-2799	954	9	and	and	CCONJ
taxlaw-2799	954	10	the	the	DET
taxlaw-2799	954	11	scanty	scanty	ADJ
taxlaw-2799	954	12	legislative	legislative	ADJ
taxlaw-2799	954	13	history	history	NOUN
taxlaw-2799	954	14	,	,	PUNCT
taxlaw-2799	954	15	however	however	ADV
taxlaw-2799	954	16	,	,	PUNCT
taxlaw-2799	954	17	it	it	PRON
taxlaw-2799	954	18	is	be	AUX
taxlaw-2799	954	19	highly	highly	ADV
taxlaw-2799	954	20	desirable	desirable	ADJ
taxlaw-2799	954	21	that	that	SCONJ
taxlaw-2799	954	22	answers	answer	NOUN
taxlaw-2799	954	23	be	be	VERB
taxlaw-2799	954	24	forthcoming	forthcoming	ADJ
taxlaw-2799	954	25	from	from	ADP
taxlaw-2799	954	26	a	a	DET
taxlaw-2799	954	27	more	more	ADV
taxlaw-2799	954	28	authoritative	authoritative	ADJ
taxlaw-2799	954	29	source	source	NOUN
taxlaw-2799	954	30	,	,	PUNCT
taxlaw-2799	954	31	meaning	mean	VERB
taxlaw-2799	954	32	the	the	DET
taxlaw-2799	954	33	treasury	treasury	NOUN
taxlaw-2799	954	34	and	and	CCONJ
taxlaw-2799	954	35	service	service	NOUN
taxlaw-2799	954	36	.	.	PUNCT
taxlaw-2799	955	1	service	service	NOUN
taxlaw-2799	955	2	officials	official	NOUN
taxlaw-2799	955	3	have	have	AUX
taxlaw-2799	955	4	unofficially	unofficially	ADV
taxlaw-2799	955	5	acknowledged	acknowledge	VERB
taxlaw-2799	955	6	the	the	DET
taxlaw-2799	955	7	importance	importance	NOUN
taxlaw-2799	955	8	of	of	ADP
taxlaw-2799	955	9	these	these	DET
taxlaw-2799	955	10	issues	issue	NOUN
taxlaw-2799	955	11	and	and	CCONJ
taxlaw-2799	955	12	the	the	DET
taxlaw-2799	955	13	utility	utility	NOUN
taxlaw-2799	955	14	of	of	ADP
taxlaw-2799	955	15	guidance	guidance	NOUN
taxlaw-2799	955	16	,	,	PUNCT
taxlaw-2799	955	17	so	so	SCONJ
taxlaw-2799	955	18	it	it	PRON
taxlaw-2799	955	19	is	be	AUX
taxlaw-2799	955	20	possible	possible	ADJ
taxlaw-2799	955	21	that	that	SCONJ
taxlaw-2799	955	22	enlightenment	enlightenment	PROPN
taxlaw-2799	955	23	will	will	AUX
taxlaw-2799	955	24	be	be	AUX
taxlaw-2799	955	25	forthcoming	forthcoming	ADJ
taxlaw-2799	955	26	.	.	PUNCT
taxlaw-2799	956	1	before	before	ADP
taxlaw-2799	956	2	turning	turn	VERB
taxlaw-2799	956	3	to	to	ADP
taxlaw-2799	956	4	a	a	DET
taxlaw-2799	956	5	discussion	discussion	NOUN
taxlaw-2799	956	6	of	of	ADP
taxlaw-2799	956	7	the	the	DET
taxlaw-2799	956	8	questions	question	NOUN
taxlaw-2799	956	9	set	set	VERB
taxlaw-2799	956	10	forth	forth	ADV
taxlaw-2799	956	11	above	above	ADV
taxlaw-2799	956	12	,	,	PUNCT
taxlaw-2799	956	13	therefore	therefore	ADV
taxlaw-2799	956	14	,	,	PUNCT
taxlaw-2799	956	15	it	it	PRON
taxlaw-2799	956	16	is	be	AUX
taxlaw-2799	956	17	worth	worth	ADJ
taxlaw-2799	956	18	stopping	stop	VERB
taxlaw-2799	956	19	to	to	PART
taxlaw-2799	956	20	consider	consider	VERB
taxlaw-2799	956	21	what	what	PRON
taxlaw-2799	956	22	policy	policy	NOUN
taxlaw-2799	956	23	considerations	consideration	NOUN
taxlaw-2799	956	24	might	might	AUX
taxlaw-2799	956	25	inform	inform	VERB
taxlaw-2799	956	26	any	any	DET
taxlaw-2799	956	27	such	such	ADJ
taxlaw-2799	956	28	guidance	guidance	NOUN
taxlaw-2799	956	29	.	.	PUNCT
taxlaw-2799	957	1	those	those	DET
taxlaw-2799	957	2	considerations	consideration	NOUN
taxlaw-2799	957	3	might	might	AUX
taxlaw-2799	957	4	include	include	VERB
taxlaw-2799	957	5	(	(	PUNCT
taxlaw-2799	957	6	i	i	NOUN
taxlaw-2799	957	7	)	)	PUNCT
taxlaw-2799	957	8	the	the	DET
taxlaw-2799	957	9	administration	administration	NOUN
taxlaw-2799	957	10	’s	’s	PART
taxlaw-2799	957	11	clear	clear	ADJ
taxlaw-2799	957	12	preference	preference	NOUN
taxlaw-2799	957	13	to	to	PART
taxlaw-2799	957	14	limit	limit	VERB
taxlaw-2799	957	15	the	the	DET
taxlaw-2799	957	16	scope	scope	NOUN
taxlaw-2799	957	17	of	of	ADP
taxlaw-2799	957	18	§	§	PROPN
taxlaw-2799	957	19	1256,85	1256,85	PROPN
taxlaw-2799	957	20	(	(	PUNCT
taxlaw-2799	957	21	ii	ii	PROPN
taxlaw-2799	957	22	)	)	PUNCT
taxlaw-2799	957	23	the	the	DET
taxlaw-2799	957	24	reasonably	reasonably	ADV
taxlaw-2799	957	25	consistent	consistent	ADJ
taxlaw-2799	957	26	approach	approach	NOUN
taxlaw-2799	957	27	taken	take	VERB
taxlaw-2799	957	28	by	by	ADP
taxlaw-2799	957	29	congress	congress	PROPN
taxlaw-2799	957	30	,	,	PUNCT
taxlaw-2799	957	31	the	the	DET
taxlaw-2799	957	32	government	government	NOUN
taxlaw-2799	957	33	and	and	CCONJ
taxlaw-2799	957	34	the	the	DET
taxlaw-2799	957	35	courts	court	NOUN
taxlaw-2799	957	36	over	over	ADP
taxlaw-2799	957	37	time	time	NOUN
taxlaw-2799	957	38	to	to	PART
taxlaw-2799	957	39	interpret	interpret	VERB
taxlaw-2799	957	40	the	the	DET
taxlaw-2799	957	41	definition	definition	NOUN
taxlaw-2799	957	42	of	of	ADP
taxlaw-2799	957	43	“	"	PUNCT
taxlaw-2799	957	44	regulated	regulated	ADJ
taxlaw-2799	957	45	futures	future	NOUN
taxlaw-2799	957	46	contract	contract	NOUN
taxlaw-2799	957	47	”	"	PUNCT
taxlaw-2799	957	48	and	and	CCONJ
taxlaw-2799	957	49	other	other	ADJ
taxlaw-2799	957	50	types	type	NOUN
taxlaw-2799	957	51	of	of	ADP
taxlaw-2799	957	52	section	section	NOUN
taxlaw-2799	957	53	1256	1256	NUM
taxlaw-2799	957	54	contracts	contract	NOUN
taxlaw-2799	957	55	in	in	ADP
taxlaw-2799	957	56	a	a	DET
taxlaw-2799	957	57	manner	manner	NOUN
taxlaw-2799	957	58	that	that	PRON
taxlaw-2799	957	59	limits	limit	VERB
taxlaw-2799	957	60	the	the	DET
taxlaw-2799	957	61	definition	definition	NOUN
taxlaw-2799	957	62	to	to	ADP
taxlaw-2799	957	63	the	the	DET
taxlaw-2799	957	64	type	type	NOUN
taxlaw-2799	957	65	of	of	ADP
taxlaw-2799	957	66	financial	financial	ADJ
taxlaw-2799	957	67	instruments	instrument	NOUN
taxlaw-2799	957	68	under	under	ADP
taxlaw-2799	957	69	consideration	consideration	NOUN
taxlaw-2799	957	70	by	by	ADP
taxlaw-2799	957	71	congress	congress	PROPN
taxlaw-2799	957	72	when	when	SCONJ
taxlaw-2799	957	73	that	that	DET
taxlaw-2799	957	74	term	term	NOUN
taxlaw-2799	957	75	was	be	AUX
taxlaw-2799	957	76	added	add	VERB
taxlaw-2799	957	77	to	to	ADP
taxlaw-2799	957	78	the	the	DET
taxlaw-2799	957	79	code	code	NOUN
taxlaw-2799	957	80	–	–	PUNCT
taxlaw-2799	957	81	this	this	DET
taxlaw-2799	957	82	history	history	NOUN
taxlaw-2799	957	83	is	be	AUX
taxlaw-2799	957	84	discussed	discuss	VERB
taxlaw-2799	957	85	in	in	ADP
taxlaw-2799	957	86	section	section	NOUN
taxlaw-2799	957	87	iii.b	iii.b	PROPN
taxlaw-2799	957	88	,	,	PUNCT
taxlaw-2799	957	89	below	below	ADV
taxlaw-2799	957	90	,	,	PUNCT
taxlaw-2799	957	91	(	(	PUNCT
taxlaw-2799	957	92	iii	iii	NOUN
taxlaw-2799	957	93	)	)	PUNCT
taxlaw-2799	957	94	more	more	ADV
taxlaw-2799	957	95	broadly	broadly	ADV
taxlaw-2799	957	96	,	,	PUNCT
taxlaw-2799	957	97	the	the	DET
taxlaw-2799	957	98	general	general	ADJ
taxlaw-2799	957	99	lack	lack	NOUN
taxlaw-2799	957	100	of	of	ADP
taxlaw-2799	957	101	interest	interest	NOUN
taxlaw-2799	957	102	by	by	ADP
taxlaw-2799	957	103	lawmakers	lawmaker	NOUN
taxlaw-2799	957	104	to	to	PART
taxlaw-2799	957	105	require	require	VERB
taxlaw-2799	957	106	taxpayers	taxpayer	NOUN
taxlaw-2799	957	107	to	to	PART
taxlaw-2799	957	108	mark	mark	VERB
taxlaw-2799	957	109	assets	asset	NOUN
taxlaw-2799	957	110	to	to	AUX
taxlaw-2799	957	111	market	market	VERB
taxlaw-2799	957	112	notwithstanding	notwithstanding	ADP
taxlaw-2799	957	113	the	the	DET
taxlaw-2799	957	114	policy	policy	NOUN
taxlaw-2799	957	115	arguments	argument	NOUN
taxlaw-2799	957	116	that	that	PRON
taxlaw-2799	957	117	can	can	AUX
taxlaw-2799	957	118	be	be	AUX
taxlaw-2799	957	119	made	make	VERB
taxlaw-2799	957	120	in	in	ADP
taxlaw-2799	957	121	favor	favor	NOUN
taxlaw-2799	957	122	of	of	ADP
taxlaw-2799	957	123	a	a	DET
taxlaw-2799	957	124	broader	broad	ADJ
taxlaw-2799	957	125	mark	mark	NOUN
taxlaw-2799	957	126	-	-	PUNCT
taxlaw-2799	957	127	to	to	ADP
taxlaw-2799	957	128	-	-	PUNCT
taxlaw-2799	957	129	market	market	NOUN
taxlaw-2799	957	130	regime,86	regime,86	NOUN
taxlaw-2799	957	131	and	and	CCONJ
taxlaw-2799	957	132	(	(	PUNCT
taxlaw-2799	957	133	iv	iv	X
taxlaw-2799	957	134	)	)	PUNCT
taxlaw-2799	957	135	the	the	DET
taxlaw-2799	957	136	lack	lack	NOUN
taxlaw-2799	957	137	of	of	ADP
taxlaw-2799	957	138	any	any	DET
taxlaw-2799	957	139	intent	intent	NOUN
taxlaw-2799	957	140	on	on	ADP
taxlaw-2799	957	141	congress	congress	PROPN
taxlaw-2799	957	142	’s	’s	PART
taxlaw-2799	957	143	part	part	NOUN
taxlaw-2799	957	144	to	to	PART
taxlaw-2799	957	145	change	change	VERB
taxlaw-2799	957	146	the	the	DET
taxlaw-2799	957	147	85	85	NUM
taxlaw-2799	957	148	see	see	NOUN
taxlaw-2799	957	149	,	,	PUNCT
taxlaw-2799	957	150	e.g.	e.g.	ADV
taxlaw-2799	957	151	,	,	PUNCT
taxlaw-2799	957	152	dep’t	dep’t	NOUN
taxlaw-2799	957	153	of	of	ADP
taxlaw-2799	957	154	the	the	DET
taxlaw-2799	957	155	treasury	treasury	NOUN
taxlaw-2799	957	156	,	,	PUNCT
taxlaw-2799	957	157	general	general	ADJ
taxlaw-2799	957	158	explanations	explanation	NOUN
taxlaw-2799	957	159	of	of	ADP
taxlaw-2799	957	160	the	the	DET
taxlaw-2799	957	161	administration	administration	NOUN
taxlaw-2799	957	162	’s	’s	PART
taxlaw-2799	957	163	fiscal	fiscal	ADJ
taxlaw-2799	957	164	year	year	NOUN
taxlaw-2799	957	165	2011	2011	NUM
taxlaw-2799	957	166	revenue	revenue	NOUN
taxlaw-2799	957	167	proposals	proposal	NOUN
taxlaw-2799	957	168	32	32	NUM
taxlaw-2799	957	169	(	(	PUNCT
taxlaw-2799	957	170	february	february	NOUN
taxlaw-2799	957	171	2010	2010	NUM
taxlaw-2799	957	172	)	)	PUNCT
taxlaw-2799	957	173	(	(	PUNCT
taxlaw-2799	957	174	proposing	propose	VERB
taxlaw-2799	957	175	to	to	PART
taxlaw-2799	957	176	eliminate	eliminate	VERB
taxlaw-2799	957	177	60/40	60/40	NUM
taxlaw-2799	957	178	treatment	treatment	NOUN
taxlaw-2799	957	179	for	for	ADP
taxlaw-2799	957	180	dealers	dealer	NOUN
taxlaw-2799	957	181	in	in	ADP
taxlaw-2799	957	182	commodities	commodity	NOUN
taxlaw-2799	957	183	and	and	CCONJ
taxlaw-2799	957	184	commodities	commodity	NOUN
taxlaw-2799	957	185	derivatives	derivative	NOUN
taxlaw-2799	957	186	)	)	PUNCT
taxlaw-2799	957	187	,	,	PUNCT
taxlaw-2799	957	188	available	available	ADJ
taxlaw-2799	957	189	at	at	ADP
taxlaw-2799	957	190	https://www.treas.gov/offices/tax-policy/library/greenbk10.pdf	https://www.treas.gov/offices/tax-policy/library/greenbk10.pdf	PROPN
taxlaw-2799	957	191	.	.	PUNCT
taxlaw-2799	958	1	86	86	NUM
taxlaw-2799	958	2	arguments	argument	NOUN
taxlaw-2799	958	3	for	for	ADP
taxlaw-2799	958	4	and	and	CCONJ
taxlaw-2799	958	5	against	against	ADP
taxlaw-2799	958	6	a	a	DET
taxlaw-2799	958	7	broader	broad	ADJ
taxlaw-2799	958	8	mark	mark	NOUN
taxlaw-2799	958	9	-	-	PUNCT
taxlaw-2799	958	10	to	to	ADP
taxlaw-2799	958	11	-	-	PUNCT
taxlaw-2799	958	12	market	market	NOUN
taxlaw-2799	958	13	regime	regime	NOUN
taxlaw-2799	958	14	have	have	AUX
taxlaw-2799	958	15	been	be	AUX
taxlaw-2799	958	16	made	make	VERB
taxlaw-2799	958	17	by	by	ADP
taxlaw-2799	958	18	a	a	DET
taxlaw-2799	958	19	number	number	NOUN
taxlaw-2799	958	20	of	of	ADP
taxlaw-2799	958	21	academics	academic	NOUN
taxlaw-2799	958	22	and	and	CCONJ
taxlaw-2799	958	23	other	other	ADJ
taxlaw-2799	958	24	commentators	commentator	NOUN
taxlaw-2799	958	25	over	over	ADP
taxlaw-2799	958	26	the	the	DET
taxlaw-2799	958	27	years	year	NOUN
taxlaw-2799	958	28	.	.	PUNCT
taxlaw-2799	959	1	see	see	VERB
taxlaw-2799	959	2	,	,	PUNCT
taxlaw-2799	959	3	e.g.	e.g.	ADV
taxlaw-2799	959	4	,	,	PUNCT
taxlaw-2799	959	5	yoram	yoram	PROPN
taxlaw-2799	959	6	keinan	keinan	PROPN
taxlaw-2799	959	7	,	,	PUNCT
taxlaw-2799	959	8	mark	mark	PROPN
taxlaw-2799	959	9	-	-	PUNCT
taxlaw-2799	959	10	to	to	ADP
taxlaw-2799	959	11	-	-	PUNCT
taxlaw-2799	959	12	market	market	NOUN
taxlaw-2799	959	13	for	for	ADP
taxlaw-2799	959	14	derivatives	derivative	NOUN
taxlaw-2799	959	15	,	,	PUNCT
taxlaw-2799	959	16	128	128	NUM
taxlaw-2799	959	17	tax	tax	NOUN
taxlaw-2799	959	18	notes	note	NOUN
taxlaw-2799	959	19	1269	1269	NUM
taxlaw-2799	959	20	(	(	PUNCT
taxlaw-2799	959	21	sept	sept	PROPN
taxlaw-2799	959	22	.	.	PROPN
taxlaw-2799	959	23	20	20	NUM
taxlaw-2799	959	24	,	,	PUNCT
taxlaw-2799	959	25	2010	2010	NUM
taxlaw-2799	959	26	)	)	PUNCT
taxlaw-2799	959	27	;	;	PUNCT
taxlaw-2799	959	28	david	david	PROPN
taxlaw-2799	959	29	s.	s.	PROPN
taxlaw-2799	959	30	miller	miller	PROPN
taxlaw-2799	959	31	,	,	PUNCT
taxlaw-2799	959	32	a	a	DET
taxlaw-2799	959	33	progressive	progressive	ADJ
taxlaw-2799	959	34	system	system	NOUN
taxlaw-2799	959	35	of	of	ADP
taxlaw-2799	959	36	mark	mark	NOUN
taxlaw-2799	959	37	-	-	PUNCT
taxlaw-2799	959	38	to	to	ADP
taxlaw-2799	959	39	-	-	PUNCT
taxlaw-2799	959	40	market	market	NOUN
taxlaw-2799	959	41	taxation	taxation	NOUN
taxlaw-2799	959	42	,	,	PUNCT
taxlaw-2799	959	43	121	121	NUM
taxlaw-2799	959	44	tax	tax	NOUN
taxlaw-2799	959	45	notes	note	NOUN
taxlaw-2799	959	46	213	213	NUM
taxlaw-2799	959	47	(	(	PUNCT
taxlaw-2799	959	48	2008	2008	NUM
taxlaw-2799	959	49	)	)	PUNCT
taxlaw-2799	959	50	;	;	PUNCT
taxlaw-2799	959	51	clarissa	clarissa	PROPN
taxlaw-2799	959	52	potter	potter	PROPN
taxlaw-2799	959	53	,	,	PUNCT
taxlaw-2799	959	54	mark	mark	NOUN
taxlaw-2799	959	55	-	-	PUNCT
taxlaw-2799	959	56	to	to	ADP
taxlaw-2799	959	57	-	-	PUNCT
taxlaw-2799	959	58	market	market	NOUN
taxlaw-2799	959	59	taxation	taxation	NOUN
taxlaw-2799	959	60	as	as	ADP
taxlaw-2799	959	61	the	the	DET
taxlaw-2799	959	62	way	way	NOUN
taxlaw-2799	959	63	to	to	PART
taxlaw-2799	959	64	save	save	VERB
taxlaw-2799	959	65	the	the	DET
taxlaw-2799	959	66	income	income	NOUN
taxlaw-2799	959	67	tax	tax	NOUN
taxlaw-2799	959	68	—	—	PUNCT
taxlaw-2799	959	69	a	a	DET
taxlaw-2799	959	70	former	former	ADJ
taxlaw-2799	959	71	administrator	administrator	NOUN
taxlaw-2799	959	72	’s	’s	PART
taxlaw-2799	959	73	view	view	NOUN
taxlaw-2799	959	74	,	,	PUNCT
taxlaw-2799	959	75	33	33	NUM
taxlaw-2799	959	76	val	val	NOUN
taxlaw-2799	959	77	.	.	PUNCT
taxlaw-2799	960	1	u.	u.	PROPN
taxlaw-2799	960	2	l.	l.	PROPN
taxlaw-2799	960	3	rev	rev	PROPN
taxlaw-2799	960	4	.	.	PROPN
taxlaw-2799	961	1	879	879	NUM
taxlaw-2799	961	2	(	(	PUNCT
taxlaw-2799	961	3	1999	1999	NUM
taxlaw-2799	961	4	)	)	PUNCT
taxlaw-2799	961	5	;	;	PUNCT
taxlaw-2799	961	6	robert	robert	PROPN
taxlaw-2799	961	7	h.	h.	PROPN
taxlaw-2799	961	8	scarborough	scarborough	PROPN
taxlaw-2799	961	9	,	,	PUNCT
taxlaw-2799	961	10	different	different	ADJ
taxlaw-2799	961	11	rules	rule	NOUN
taxlaw-2799	961	12	for	for	ADP
taxlaw-2799	961	13	different	different	ADJ
taxlaw-2799	961	14	players	player	NOUN
taxlaw-2799	961	15	and	and	CCONJ
taxlaw-2799	961	16	products	product	NOUN
taxlaw-2799	961	17	:	:	PUNCT
taxlaw-2799	961	18	the	the	DET
taxlaw-2799	961	19	patchwork	patchwork	NOUN
taxlaw-2799	961	20	taxation	taxation	NOUN
taxlaw-2799	961	21	of	of	ADP
taxlaw-2799	961	22	derivatives	derivative	NOUN
taxlaw-2799	961	23	,	,	PUNCT
taxlaw-2799	961	24	72	72	NUM
taxlaw-2799	961	25	taxes	taxis	NOUN
taxlaw-2799	961	26	1031	1031	NUM
taxlaw-2799	961	27	(	(	PUNCT
taxlaw-2799	961	28	1994	1994	NUM
taxlaw-2799	961	29	)	)	PUNCT
taxlaw-2799	961	30	;	;	PUNCT
taxlaw-2799	961	31	david	david	PROPN
taxlaw-2799	961	32	j.	j.	PROPN
taxlaw-2799	961	33	shakow	shakow	PROPN
taxlaw-2799	961	34	,	,	PUNCT
taxlaw-2799	961	35	taxation	taxation	NOUN
taxlaw-2799	961	36	without	without	ADP
taxlaw-2799	961	37	realization	realization	NOUN
taxlaw-2799	961	38	:	:	PUNCT
taxlaw-2799	961	39	a	a	DET
taxlaw-2799	961	40	proposal	proposal	NOUN
taxlaw-2799	961	41	for	for	ADP
taxlaw-2799	961	42	accrual	accrual	ADJ
taxlaw-2799	961	43	taxation	taxation	NOUN
taxlaw-2799	961	44	,	,	PUNCT
taxlaw-2799	961	45	134	134	NUM
taxlaw-2799	961	46	u.	u.	NOUN
taxlaw-2799	961	47	pa	pa	PROPN
taxlaw-2799	961	48	.	.	PUNCT
taxlaw-2799	961	49	l.	l.	PROPN
taxlaw-2799	961	50	rev	rev	PROPN
taxlaw-2799	961	51	.	.	PROPN
taxlaw-2799	961	52	1111	1111	NUM
taxlaw-2799	961	53	(	(	PUNCT
taxlaw-2799	961	54	1986	1986	NUM
taxlaw-2799	961	55	)	)	PUNCT
taxlaw-2799	961	56	;	;	PUNCT
taxlaw-2799	961	57	david	david	PROPN
taxlaw-2799	961	58	a.	a.	PROPN
taxlaw-2799	961	59	weisbach	weisbach	PROPN
taxlaw-2799	961	60	,	,	PUNCT
taxlaw-2799	961	61	tax	tax	NOUN
taxlaw-2799	961	62	responses	response	NOUN
taxlaw-2799	961	63	to	to	ADP
taxlaw-2799	961	64	financial	financial	ADJ
taxlaw-2799	961	65	contract	contract	NOUN
taxlaw-2799	961	66	innovation	innovation	NOUN
taxlaw-2799	961	67	,	,	PUNCT
taxlaw-2799	961	68	50	50	NUM
taxlaw-2799	961	69	tax	tax	NOUN
taxlaw-2799	961	70	l.	l.	PROPN
taxlaw-2799	961	71	rev	rev	PROPN
taxlaw-2799	961	72	.	.	PROPN
taxlaw-2799	961	73	491	491	NUM
taxlaw-2799	961	74	(	(	PUNCT
taxlaw-2799	961	75	1995	1995	NUM
taxlaw-2799	961	76	)	)	PUNCT
taxlaw-2799	961	77	;	;	PUNCT
taxlaw-2799	961	78	edward	edward	PROPN
taxlaw-2799	961	79	d.	d.	PROPN
taxlaw-2799	961	80	kleinbard	kleinbard	PROPN
taxlaw-2799	961	81	&	&	CCONJ
taxlaw-2799	961	82	thomas	thomas	PROPN
taxlaw-2799	961	83	l.	l.	PROPN
taxlaw-2799	961	84	evans	evans	PROPN
taxlaw-2799	961	85	,	,	PUNCT
taxlaw-2799	961	86	the	the	DET
taxlaw-2799	961	87	role	role	NOUN
taxlaw-2799	961	88	of	of	ADP
taxlaw-2799	961	89	mark	mark	NOUN
taxlaw-2799	961	90	-	-	PUNCT
taxlaw-2799	961	91	to	to	ADP
taxlaw-2799	961	92	-	-	PUNCT
taxlaw-2799	961	93	market	market	NOUN
taxlaw-2799	961	94	accounting	accounting	NOUN
taxlaw-2799	961	95	in	in	ADP
taxlaw-2799	961	96	a	a	DET
taxlaw-2799	961	97	realization	realization	NOUN
taxlaw-2799	961	98	-	-	PUNCT
taxlaw-2799	961	99	based	base	VERB
taxlaw-2799	961	100	tax	tax	NOUN
taxlaw-2799	961	101	system	system	NOUN
taxlaw-2799	961	102	,	,	PUNCT
taxlaw-2799	961	103	75	75	NUM
taxlaw-2799	961	104	taxes	taxis	NOUN
taxlaw-2799	961	105	788	788	NUM
taxlaw-2799	961	106	(	(	PUNCT
taxlaw-2799	961	107	1997	1997	NUM
taxlaw-2799	961	108	)	)	PUNCT
taxlaw-2799	961	109	.	.	PUNCT
taxlaw-2799	962	1	the	the	DET
taxlaw-2799	962	2	most	most	ADV
taxlaw-2799	962	3	common	common	ADJ
taxlaw-2799	962	4	arguments	argument	NOUN
taxlaw-2799	962	5	raised	raise	VERB
taxlaw-2799	962	6	against	against	ADP
taxlaw-2799	962	7	a	a	DET
taxlaw-2799	962	8	mark	mark	NOUN
taxlaw-2799	962	9	-	-	PUNCT
taxlaw-2799	962	10	to	to	ADP
taxlaw-2799	962	11	-	-	PUNCT
taxlaw-2799	962	12	market	market	NOUN
taxlaw-2799	962	13	tax	tax	NOUN
taxlaw-2799	962	14	regime	regime	NOUN
taxlaw-2799	962	15	are	be	AUX
taxlaw-2799	962	16	concerns	concern	NOUN
taxlaw-2799	962	17	about	about	ADP
taxlaw-2799	962	18	valuation	valuation	NOUN
taxlaw-2799	962	19	and	and	CCONJ
taxlaw-2799	962	20	liquidity	liquidity	NOUN
taxlaw-2799	962	21	.	.	PUNCT
taxlaw-2799	963	1	a	a	DET
taxlaw-2799	963	2	mark	mark	NOUN
taxlaw-2799	963	3	-	-	PUNCT
taxlaw-2799	963	4	to	to	ADP
taxlaw-2799	963	5	-	-	PUNCT
taxlaw-2799	963	6	market	market	NOUN
taxlaw-2799	963	7	regime	regime	NOUN
taxlaw-2799	963	8	requires	require	VERB
taxlaw-2799	963	9	the	the	DET
taxlaw-2799	963	10	periodic	periodic	ADJ
taxlaw-2799	963	11	valuation	valuation	NOUN
taxlaw-2799	963	12	of	of	ADP
taxlaw-2799	963	13	assets	asset	NOUN
taxlaw-2799	963	14	,	,	PUNCT
taxlaw-2799	963	15	which	which	PRON
taxlaw-2799	963	16	can	can	AUX
taxlaw-2799	963	17	be	be	AUX
taxlaw-2799	963	18	difficult	difficult	ADJ
taxlaw-2799	963	19	to	to	PART
taxlaw-2799	963	20	value	value	VERB
taxlaw-2799	963	21	(	(	PUNCT
taxlaw-2799	963	22	the	the	DET
taxlaw-2799	963	23	valuation	valuation	NOUN
taxlaw-2799	963	24	concern	concern	NOUN
taxlaw-2799	963	25	)	)	PUNCT
taxlaw-2799	963	26	.	.	PUNCT
taxlaw-2799	964	1	the	the	DET
taxlaw-2799	964	2	second	second	ADJ
taxlaw-2799	964	3	concern	concern	NOUN
taxlaw-2799	964	4	is	be	AUX
taxlaw-2799	964	5	that	that	SCONJ
taxlaw-2799	964	6	taxpayers	taxpayer	NOUN
taxlaw-2799	964	7	may	may	AUX
taxlaw-2799	964	8	not	not	PART
taxlaw-2799	964	9	have	have	VERB
taxlaw-2799	964	10	the	the	DET
taxlaw-2799	964	11	cash	cash	NOUN
taxlaw-2799	964	12	to	to	PART
taxlaw-2799	964	13	pay	pay	VERB
taxlaw-2799	964	14	the	the	DET
taxlaw-2799	964	15	tax	tax	NOUN
taxlaw-2799	964	16	on	on	ADP
taxlaw-2799	964	17	property	property	NOUN
taxlaw-2799	964	18	that	that	PRON
taxlaw-2799	964	19	is	be	AUX
taxlaw-2799	964	20	marked	mark	VERB
taxlaw-2799	964	21	-	-	PUNCT
taxlaw-2799	964	22	tomarket	tomarket	NOUN
taxlaw-2799	964	23	until	until	SCONJ
taxlaw-2799	964	24	they	they	PRON
taxlaw-2799	964	25	sell	sell	VERB
taxlaw-2799	964	26	the	the	DET
taxlaw-2799	964	27	property	property	NOUN
taxlaw-2799	964	28	(	(	PUNCT
taxlaw-2799	964	29	the	the	DET
taxlaw-2799	964	30	liquidity	liquidity	NOUN
taxlaw-2799	964	31	concern	concern	NOUN
taxlaw-2799	964	32	)	)	PUNCT
taxlaw-2799	964	33	.	.	PUNCT
taxlaw-2799	965	1	miller	miller	PROPN
taxlaw-2799	965	2	,	,	PUNCT
taxlaw-2799	965	3	supra	supra	PROPN
taxlaw-2799	965	4	note	note	PROPN
taxlaw-2799	965	5	86	86	NUM
taxlaw-2799	965	6	,	,	PUNCT
taxlaw-2799	965	7	at	at	ADP
taxlaw-2799	965	8	213	213	NUM
taxlaw-2799	965	9	;	;	PUNCT
taxlaw-2799	965	10	potter	potter	NOUN
taxlaw-2799	965	11	,	,	PUNCT
taxlaw-2799	965	12	supra	supra	PROPN
taxlaw-2799	965	13	note	note	PROPN
taxlaw-2799	965	14	86	86	NUM
taxlaw-2799	965	15	,	,	PUNCT
taxlaw-2799	965	16	at	at	ADP
taxlaw-2799	965	17	882	882	NUM
taxlaw-2799	965	18	;	;	PUNCT
taxlaw-2799	965	19	shakow	shakow	ADJ
taxlaw-2799	965	20	,	,	PUNCT
taxlaw-2799	965	21	supra	supra	PROPN
taxlaw-2799	965	22	note	note	PROPN
taxlaw-2799	965	23	86	86	NUM
taxlaw-2799	965	24	,	,	PUNCT
taxlaw-2799	965	25	at	at	ADP
taxlaw-2799	965	26	1118	1118	NUM
taxlaw-2799	965	27	;	;	PUNCT
taxlaw-2799	965	28	weisbach	weisbach	NOUN
taxlaw-2799	965	29	,	,	PUNCT
taxlaw-2799	965	30	supra	supra	PROPN
taxlaw-2799	965	31	note	note	PROPN
taxlaw-2799	965	32	86	86	NUM
taxlaw-2799	965	33	,	,	PUNCT
taxlaw-2799	965	34	at	at	ADP
taxlaw-2799	965	35	511	511	NUM
taxlaw-2799	965	36	.	.	PUNCT
taxlaw-2799	966	1	advocates	advocate	NOUN
taxlaw-2799	966	2	of	of	ADP
taxlaw-2799	966	3	a	a	DET
taxlaw-2799	966	4	mark	mark	NOUN
taxlaw-2799	966	5	-	-	PUNCT
taxlaw-2799	966	6	to	to	ADP
taxlaw-2799	966	7	-	-	PUNCT
taxlaw-2799	966	8	market	market	NOUN
taxlaw-2799	966	9	regime	regime	NOUN
taxlaw-2799	966	10	argue	argue	VERB
taxlaw-2799	966	11	that	that	SCONJ
taxlaw-2799	966	12	it	it	PRON
taxlaw-2799	966	13	would	would	AUX
taxlaw-2799	966	14	combat	combat	VERB
taxlaw-2799	966	15	the	the	DET
taxlaw-2799	966	16	perceived	perceive	VERB
taxlaw-2799	966	17	inadequacies	inadequacy	NOUN
taxlaw-2799	966	18	of	of	ADP
taxlaw-2799	966	19	realization	realization	NOUN
taxlaw-2799	966	20	-	-	PUNCT
taxlaw-2799	966	21	based	base	VERB
taxlaw-2799	966	22	taxation	taxation	NOUN
taxlaw-2799	966	23	.	.	PUNCT
taxlaw-2799	967	1	they	they	PRON
taxlaw-2799	967	2	argue	argue	VERB
taxlaw-2799	967	3	that	that	SCONJ
taxlaw-2799	967	4	the	the	DET
taxlaw-2799	967	5	realization	realization	NOUN
taxlaw-2799	967	6	requirement	requirement	NOUN
taxlaw-2799	967	7	creates	create	VERB
taxlaw-2799	967	8	inequity	inequity	NOUN
taxlaw-2799	967	9	between	between	ADP
taxlaw-2799	967	10	taxpayers	taxpayer	NOUN
taxlaw-2799	967	11	in	in	ADP
taxlaw-2799	967	12	the	the	DET
taxlaw-2799	967	13	same	same	ADJ
taxlaw-2799	967	14	economic	economic	ADJ
taxlaw-2799	967	15	position	position	NOUN
taxlaw-2799	967	16	by	by	ADP
taxlaw-2799	967	17	applying	apply	VERB
taxlaw-2799	967	18	different	different	ADJ
taxlaw-2799	967	19	rules	rule	NOUN
taxlaw-2799	967	20	based	base	VERB
taxlaw-2799	967	21	on	on	ADP
taxlaw-2799	967	22	the	the	DET
taxlaw-2799	967	23	form	form	NOUN
taxlaw-2799	967	24	rather	rather	ADV
taxlaw-2799	967	25	than	than	ADP
taxlaw-2799	967	26	the	the	DET
taxlaw-2799	967	27	substance	substance	NOUN
taxlaw-2799	967	28	of	of	ADP
taxlaw-2799	967	29	a	a	DET
taxlaw-2799	967	30	transaction	transaction	NOUN
taxlaw-2799	967	31	.	.	PUNCT
taxlaw-2799	968	1	the	the	DET
taxlaw-2799	968	2	complex	complex	ADJ
taxlaw-2799	968	3	rules	rule	NOUN
taxlaw-2799	968	4	required	require	VERB
taxlaw-2799	968	5	to	to	PART
taxlaw-2799	968	6	define	define	VERB
taxlaw-2799	968	7	realization	realization	NOUN
taxlaw-2799	968	8	invite	invite	NOUN
taxlaw-2799	968	9	abuse	abuse	NOUN
taxlaw-2799	968	10	,	,	PUNCT
taxlaw-2799	968	11	leading	lead	VERB
taxlaw-2799	968	12	to	to	ADP
taxlaw-2799	968	13	anti	anti	ADJ
taxlaw-2799	968	14	-	-	ADJ
taxlaw-2799	968	15	abuse	abuse	ADJ
taxlaw-2799	968	16	provisions	provision	NOUN
taxlaw-2799	968	17	and	and	CCONJ
taxlaw-2799	968	18	increasing	increase	VERB
taxlaw-2799	968	19	the	the	DET
taxlaw-2799	968	20	overall	overall	ADJ
taxlaw-2799	968	21	complexity	complexity	NOUN
taxlaw-2799	968	22	of	of	ADP
taxlaw-2799	968	23	the	the	DET
taxlaw-2799	968	24	system	system	NOUN
taxlaw-2799	968	25	.	.	PUNCT
taxlaw-2799	969	1	a	a	DET
taxlaw-2799	969	2	mark	mark	NOUN
taxlaw-2799	969	3	-	-	PUNCT
taxlaw-2799	969	4	to	to	ADP
taxlaw-2799	969	5	-	-	PUNCT
taxlaw-2799	969	6	market	market	NOUN
taxlaw-2799	969	7	regime	regime	NOUN
taxlaw-2799	969	8	,	,	PUNCT
taxlaw-2799	969	9	it	it	PRON
taxlaw-2799	969	10	is	be	AUX
taxlaw-2799	969	11	said	say	VERB
taxlaw-2799	969	12	,	,	PUNCT
taxlaw-2799	969	13	would	would	AUX
taxlaw-2799	969	14	decrease	decrease	VERB
taxlaw-2799	969	15	the	the	DET
taxlaw-2799	969	16	complexity	complexity	NOUN
taxlaw-2799	969	17	caused	cause	VERB
taxlaw-2799	969	18	by	by	ADP
taxlaw-2799	969	19	the	the	DET
taxlaw-2799	969	20	realization	realization	NOUN
taxlaw-2799	969	21	rule	rule	NOUN
taxlaw-2799	969	22	.	.	PUNCT
taxlaw-2799	970	1	it	it	PRON
taxlaw-2799	970	2	would	would	AUX
taxlaw-2799	970	3	also	also	ADV
taxlaw-2799	970	4	increase	increase	VERB
taxlaw-2799	970	5	the	the	DET
taxlaw-2799	970	6	overall	overall	ADJ
taxlaw-2799	970	7	fairness	fairness	NOUN
taxlaw-2799	970	8	of	of	ADP
taxlaw-2799	970	9	the	the	DET
taxlaw-2799	970	10	tax	tax	NOUN
taxlaw-2799	970	11	system	system	NOUN
taxlaw-2799	970	12	by	by	ADP
taxlaw-2799	970	13	more	more	ADV
taxlaw-2799	970	14	closely	closely	ADV
taxlaw-2799	970	15	approximating	approximate	VERB
taxlaw-2799	970	16	the	the	DET
taxlaw-2799	970	17	haig	haig	PROPN
taxlaw-2799	970	18	-	-	PUNCT
taxlaw-2799	970	19	simons	simons	PROPN
taxlaw-2799	970	20	measure	measure	NOUN
taxlaw-2799	970	21	of	of	ADP
taxlaw-2799	970	22	income	income	NOUN
taxlaw-2799	970	23	,	,	PUNCT
taxlaw-2799	970	24	which	which	PRON
taxlaw-2799	970	25	equates	equate	VERB
taxlaw-2799	970	26	a	a	DET
taxlaw-2799	970	27	taxpayer	taxpayer	NOUN
taxlaw-2799	970	28	’s	’s	PART
taxlaw-2799	970	29	income	income	NOUN
taxlaw-2799	970	30	in	in	ADP
taxlaw-2799	970	31	each	each	DET
taxlaw-2799	970	32	period	period	NOUN
taxlaw-2799	970	33	to	to	ADP
taxlaw-2799	970	34	consumption	consumption	NOUN
taxlaw-2799	970	35	plus	plus	CCONJ
taxlaw-2799	970	36	change	change	NOUN
taxlaw-2799	970	37	in	in	ADP
taxlaw-2799	970	38	wealth	wealth	NOUN
taxlaw-2799	970	39	for	for	ADP
taxlaw-2799	970	40	the	the	DET
taxlaw-2799	970	41	period	period	NOUN
taxlaw-2799	970	42	and	and	CCONJ
taxlaw-2799	970	43	is	be	AUX
taxlaw-2799	970	44	seen	see	VERB
taxlaw-2799	970	45	by	by	ADP
taxlaw-2799	970	46	many	many	ADJ
taxlaw-2799	970	47	as	as	ADP
taxlaw-2799	970	48	a	a	DET
taxlaw-2799	970	49	superior	superior	ADJ
taxlaw-2799	970	50	method	method	NOUN
taxlaw-2799	970	51	of	of	ADP
taxlaw-2799	970	52	taxation	taxation	NOUN
taxlaw-2799	970	53	.	.	PUNCT
taxlaw-2799	971	1	keinan	keinan	PROPN
taxlaw-2799	971	2	,	,	PUNCT
taxlaw-2799	971	3	supra	supra	PROPN
taxlaw-2799	971	4	note	note	PROPN
taxlaw-2799	971	5	86	86	NUM
taxlaw-2799	971	6	,	,	PUNCT
taxlaw-2799	971	7	at	at	ADP
taxlaw-2799	971	8	1279	1279	NUM
taxlaw-2799	971	9	48	48	NUM
taxlaw-2799	971	10	columbia	columbia	PROPN
taxlaw-2799	971	11	jour	jour	PROPN
taxlaw-2799	971	12	al	al	PROPN
taxlaw-2799	971	13	of	of	ADP
taxlaw-2799	971	14	tax	tax	NOUN
taxlaw-2799	971	15	law	law	NOUN
taxlaw-2799	972	1	[	[	X
taxlaw-2799	972	2	vol	vol	NOUN
taxlaw-2799	972	3	.	.	NOUN
taxlaw-2799	972	4	2:1	2:1	NUM
taxlaw-2799	972	5	tax	tax	NOUN
taxlaw-2799	972	6	treatment	treatment	NOUN
taxlaw-2799	972	7	of	of	ADP
taxlaw-2799	972	8	otc	otc	PROPN
taxlaw-2799	972	9	derivatives	derivative	NOUN
taxlaw-2799	972	10	in	in	ADP
taxlaw-2799	972	11	enacting	enact	VERB
taxlaw-2799	972	12	dodd	dodd	PROPN
taxlaw-2799	972	13	-	-	PUNCT
taxlaw-2799	972	14	frank	frank	PROPN
taxlaw-2799	972	15	.	.	PUNCT
taxlaw-2799	973	1	these	these	DET
taxlaw-2799	973	2	considerations	consideration	NOUN
taxlaw-2799	973	3	would	would	AUX
taxlaw-2799	973	4	suggest	suggest	VERB
taxlaw-2799	973	5	a	a	DET
taxlaw-2799	973	6	broad	broad	ADJ
taxlaw-2799	973	7	reading	reading	NOUN
taxlaw-2799	973	8	of	of	ADP
taxlaw-2799	973	9	the	the	DET
taxlaw-2799	973	10	amendment	amendment	NOUN
taxlaw-2799	973	11	and/or	and/or	CCONJ
taxlaw-2799	973	12	guidance	guidance	NOUN
taxlaw-2799	973	13	limiting	limit	VERB
taxlaw-2799	973	14	the	the	DET
taxlaw-2799	973	15	scope	scope	NOUN
taxlaw-2799	973	16	of	of	ADP
taxlaw-2799	973	17	§	§	PROPN
taxlaw-2799	973	18	1256	1256	NUM
taxlaw-2799	973	19	with	with	ADP
taxlaw-2799	973	20	respect	respect	NOUN
taxlaw-2799	973	21	to	to	ADP
taxlaw-2799	973	22	derivatives	derivative	NOUN
taxlaw-2799	973	23	not	not	PART
taxlaw-2799	973	24	covered	cover	VERB
taxlaw-2799	973	25	by	by	ADP
taxlaw-2799	973	26	the	the	DET
taxlaw-2799	973	27	amendment	amendment	NOUN
taxlaw-2799	973	28	.	.	PUNCT
taxlaw-2799	974	1	relevant	relevant	ADJ
taxlaw-2799	974	2	considerations	consideration	NOUN
taxlaw-2799	974	3	might	might	AUX
taxlaw-2799	974	4	also	also	ADV
taxlaw-2799	974	5	,	,	PUNCT
taxlaw-2799	974	6	however	however	ADV
taxlaw-2799	974	7	,	,	PUNCT
taxlaw-2799	974	8	include	include	VERB
taxlaw-2799	974	9	(	(	PUNCT
taxlaw-2799	974	10	v	v	NOUN
taxlaw-2799	974	11	)	)	PUNCT
taxlaw-2799	974	12	acknowledgement	acknowledgement	NOUN
taxlaw-2799	974	13	that	that	SCONJ
taxlaw-2799	974	14	the	the	DET
taxlaw-2799	974	15	rationale	rationale	NOUN
taxlaw-2799	974	16	for	for	ADP
taxlaw-2799	974	17	imposing	impose	VERB
taxlaw-2799	974	18	§	§	PROPN
taxlaw-2799	974	19	1256	1256	NUM
taxlaw-2799	974	20	’s	’s	PART
taxlaw-2799	974	21	mark	mark	NOUN
taxlaw-2799	974	22	-	-	PUNCT
taxlaw-2799	974	23	to	to	ADP
taxlaw-2799	974	24	-	-	PUNCT
taxlaw-2799	974	25	market	market	NOUN
taxlaw-2799	974	26	rules	rule	NOUN
taxlaw-2799	974	27	on	on	ADP
taxlaw-2799	974	28	the	the	DET
taxlaw-2799	974	29	first	first	ADJ
taxlaw-2799	974	30	type	type	NOUN
taxlaw-2799	974	31	of	of	ADP
taxlaw-2799	974	32	section	section	NOUN
taxlaw-2799	974	33	1256	1256	NUM
taxlaw-2799	974	34	contract	contract	NOUN
taxlaw-2799	974	35	,	,	PUNCT
taxlaw-2799	974	36	regulated	regulated	ADJ
taxlaw-2799	974	37	futures	future	NOUN
taxlaw-2799	974	38	contract	contract	NOUN
taxlaw-2799	974	39	,	,	PUNCT
taxlaw-2799	974	40	was	be	AUX
taxlaw-2799	974	41	based	base	VERB
taxlaw-2799	974	42	on	on	ADP
taxlaw-2799	974	43	the	the	DET
taxlaw-2799	974	44	existence	existence	NOUN
taxlaw-2799	974	45	of	of	ADP
taxlaw-2799	974	46	daily	daily	ADJ
taxlaw-2799	974	47	variation	variation	NOUN
taxlaw-2799	974	48	margin	margin	NOUN
taxlaw-2799	974	49	–	–	PUNCT
taxlaw-2799	974	50	giving	give	VERB
taxlaw-2799	974	51	rise	rise	NOUN
taxlaw-2799	974	52	to	to	ADP
taxlaw-2799	974	53	ready	ready	ADJ
taxlaw-2799	974	54	cash	cash	NOUN
taxlaw-2799	974	55	available	available	ADJ
taxlaw-2799	974	56	to	to	PART
taxlaw-2799	974	57	pay	pay	VERB
taxlaw-2799	974	58	taxes	taxis	NOUN
taxlaw-2799	974	59	on	on	ADP
taxlaw-2799	974	60	a	a	DET
taxlaw-2799	974	61	known	know	VERB
taxlaw-2799	974	62	amount	amount	NOUN
taxlaw-2799	974	63	of	of	ADP
taxlaw-2799	974	64	gain	gain	NOUN
taxlaw-2799	974	65	–	–	PUNCT
taxlaw-2799	974	66	and	and	CCONJ
taxlaw-2799	974	67	that	that	SCONJ
taxlaw-2799	974	68	when	when	SCONJ
taxlaw-2799	974	69	other	other	ADJ
taxlaw-2799	974	70	contracts	contract	NOUN
taxlaw-2799	974	71	become	become	VERB
taxlaw-2799	974	72	subject	subject	ADJ
taxlaw-2799	974	73	to	to	ADP
taxlaw-2799	974	74	daily	daily	ADJ
taxlaw-2799	974	75	variation	variation	NOUN
taxlaw-2799	974	76	margin	margin	NOUN
taxlaw-2799	974	77	payments	payment	NOUN
taxlaw-2799	974	78	similar	similar	ADJ
taxlaw-2799	974	79	treatment	treatment	NOUN
taxlaw-2799	974	80	may	may	AUX
taxlaw-2799	974	81	be	be	AUX
taxlaw-2799	974	82	appropriate	appropriate	ADJ
taxlaw-2799	974	83	,	,	PUNCT
taxlaw-2799	974	84	and	and	CCONJ
taxlaw-2799	974	85	(	(	PUNCT
taxlaw-2799	974	86	vi	vi	X
taxlaw-2799	974	87	)	)	PUNCT
taxlaw-2799	974	88	the	the	DET
taxlaw-2799	974	89	lack	lack	NOUN
taxlaw-2799	974	90	of	of	ADP
taxlaw-2799	974	91	any	any	DET
taxlaw-2799	974	92	intent	intent	NOUN
taxlaw-2799	974	93	on	on	ADP
taxlaw-2799	974	94	congress	congress	PROPN
taxlaw-2799	974	95	’s	’s	PART
taxlaw-2799	974	96	part	part	NOUN
taxlaw-2799	974	97	to	to	PART
taxlaw-2799	974	98	change	change	VERB
taxlaw-2799	974	99	the	the	DET
taxlaw-2799	974	100	tax	tax	NOUN
taxlaw-2799	974	101	treatment	treatment	NOUN
taxlaw-2799	974	102	of	of	ADP
taxlaw-2799	974	103	contracts	contract	NOUN
taxlaw-2799	974	104	now	now	ADV
taxlaw-2799	974	105	traded	trade	VERB
taxlaw-2799	974	106	on	on	ADP
taxlaw-2799	974	107	commodities	commodity	NOUN
taxlaw-2799	974	108	exchanges	exchange	NOUN
taxlaw-2799	974	109	in	in	ADP
taxlaw-2799	974	110	enacting	enact	VERB
taxlaw-2799	974	111	dodd	dodd	PROPN
taxlaw-2799	974	112	-	-	PUNCT
taxlaw-2799	974	113	frank	frank	PROPN
taxlaw-2799	974	114	.	.	PUNCT
taxlaw-2799	975	1	these	these	DET
taxlaw-2799	975	2	considerations	consideration	NOUN
taxlaw-2799	975	3	would	would	AUX
taxlaw-2799	975	4	suggest	suggest	VERB
taxlaw-2799	975	5	a	a	DET
taxlaw-2799	975	6	narrower	narrow	ADJ
taxlaw-2799	975	7	reading	reading	NOUN
taxlaw-2799	975	8	of	of	ADP
taxlaw-2799	975	9	the	the	DET
taxlaw-2799	975	10	amendment	amendment	NOUN
taxlaw-2799	975	11	and/or	and/or	CCONJ
taxlaw-2799	975	12	guidance	guidance	NOUN
taxlaw-2799	975	13	to	to	ADP
taxlaw-2799	975	14	the	the	DET
taxlaw-2799	975	15	effect	effect	NOUN
taxlaw-2799	975	16	that	that	SCONJ
taxlaw-2799	975	17	§	§	PROPN
taxlaw-2799	975	18	1256	1256	NUM
taxlaw-2799	975	19	does	do	AUX
taxlaw-2799	975	20	apply	apply	VERB
taxlaw-2799	975	21	to	to	ADP
taxlaw-2799	975	22	some	some	PRON
taxlaw-2799	975	23	or	or	CCONJ
taxlaw-2799	975	24	all	all	DET
taxlaw-2799	975	25	derivatives	derivative	NOUN
taxlaw-2799	975	26	not	not	PART
taxlaw-2799	975	27	covered	cover	VERB
taxlaw-2799	975	28	by	by	ADP
taxlaw-2799	975	29	the	the	DET
taxlaw-2799	975	30	amendment	amendment	NOUN
taxlaw-2799	975	31	.	.	PUNCT
taxlaw-2799	976	1	another	another	DET
taxlaw-2799	976	2	consideration	consideration	NOUN
taxlaw-2799	976	3	that	that	PRON
taxlaw-2799	976	4	surely	surely	ADV
taxlaw-2799	976	5	should	should	AUX
taxlaw-2799	976	6	be	be	AUX
taxlaw-2799	976	7	taken	take	VERB
taxlaw-2799	976	8	into	into	ADP
taxlaw-2799	976	9	account	account	NOUN
taxlaw-2799	976	10	are	be	AUX
taxlaw-2799	976	11	the	the	DET
taxlaw-2799	976	12	benefits	benefit	NOUN
taxlaw-2799	976	13	of	of	ADP
taxlaw-2799	976	14	having	have	VERB
taxlaw-2799	976	15	as	as	ADV
taxlaw-2799	976	16	many	many	ADJ
taxlaw-2799	976	17	derivatives	derivative	NOUN
taxlaw-2799	976	18	as	as	ADP
taxlaw-2799	976	19	possible	possible	ADJ
taxlaw-2799	976	20	subject	subject	NOUN
taxlaw-2799	976	21	to	to	ADP
taxlaw-2799	976	22	the	the	DET
taxlaw-2799	976	23	same	same	ADJ
taxlaw-2799	976	24	tax	tax	NOUN
taxlaw-2799	976	25	rules	rule	NOUN
taxlaw-2799	976	26	,	,	PUNCT
taxlaw-2799	976	27	to	to	PART
taxlaw-2799	976	28	prevent	prevent	VERB
taxlaw-2799	976	29	whipsaw	whipsaw	NOUN
taxlaw-2799	976	30	and	and	CCONJ
taxlaw-2799	976	31	arbitrage	arbitrage	NOUN
taxlaw-2799	976	32	,	,	PUNCT
taxlaw-2799	976	33	although	although	SCONJ
taxlaw-2799	976	34	it	it	PRON
taxlaw-2799	976	35	is	be	AUX
taxlaw-2799	976	36	unclear	unclear	ADJ
taxlaw-2799	976	37	whether	whether	SCONJ
taxlaw-2799	976	38	that	that	PRON
taxlaw-2799	976	39	militates	militate	VERB
taxlaw-2799	976	40	in	in	ADP
taxlaw-2799	976	41	favor	favor	NOUN
taxlaw-2799	976	42	or	or	CCONJ
taxlaw-2799	976	43	against	against	ADP
taxlaw-2799	976	44	a	a	DET
taxlaw-2799	976	45	broad	broad	ADJ
taxlaw-2799	976	46	reading	reading	NOUN
taxlaw-2799	976	47	of	of	ADP
taxlaw-2799	976	48	the	the	DET
taxlaw-2799	976	49	amendment	amendment	NOUN
taxlaw-2799	976	50	.	.	PUNCT
taxlaw-2799	977	1	80	80	NUM
taxlaw-2799	977	2	;	;	PUNCT
taxlaw-2799	977	3	miller	miller	PROPN
taxlaw-2799	977	4	,	,	PUNCT
taxlaw-2799	977	5	supra	supra	PROPN
taxlaw-2799	977	6	note	note	PROPN
taxlaw-2799	977	7	86	86	NUM
taxlaw-2799	977	8	,	,	PUNCT
taxlaw-2799	977	9	at	at	ADP
taxlaw-2799	977	10	213	213	NUM
taxlaw-2799	977	11	-	-	SYM
taxlaw-2799	977	12	14	14	NUM
taxlaw-2799	977	13	;	;	PUNCT
taxlaw-2799	977	14	potter	potter	NOUN
taxlaw-2799	977	15	,	,	PUNCT
taxlaw-2799	977	16	supra	supra	PROPN
taxlaw-2799	977	17	note	note	PROPN
taxlaw-2799	977	18	86	86	NUM
taxlaw-2799	977	19	,	,	PUNCT
taxlaw-2799	977	20	at	at	ADP
taxlaw-2799	977	21	879	879	NUM
taxlaw-2799	977	22	;	;	PUNCT
taxlaw-2799	977	23	scarborough	scarborough	PROPN
taxlaw-2799	977	24	,	,	PUNCT
taxlaw-2799	977	25	supra	supra	PROPN
taxlaw-2799	977	26	note	note	PROPN
taxlaw-2799	977	27	86	86	NUM
taxlaw-2799	977	28	,	,	PUNCT
taxlaw-2799	977	29	at	at	ADP
taxlaw-2799	977	30	1048	1048	NUM
taxlaw-2799	977	31	;	;	PUNCT
taxlaw-2799	977	32	kleinbard	kleinbard	PROPN
taxlaw-2799	977	33	&	&	CCONJ
taxlaw-2799	977	34	evans	evans	PROPN
taxlaw-2799	977	35	,	,	PUNCT
taxlaw-2799	977	36	supra	supra	PROPN
taxlaw-2799	977	37	note	note	PROPN
taxlaw-2799	977	38	86	86	NUM
taxlaw-2799	977	39	,	,	PUNCT
taxlaw-2799	977	40	at	at	ADP
taxlaw-2799	977	41	790	790	NUM
taxlaw-2799	977	42	.	.	PUNCT
taxlaw-2799	978	1	of	of	ADP
taxlaw-2799	978	2	more	more	ADV
taxlaw-2799	978	3	direct	direct	ADJ
taxlaw-2799	978	4	concern	concern	NOUN
taxlaw-2799	978	5	to	to	ADP
taxlaw-2799	978	6	the	the	DET
taxlaw-2799	978	7	issues	issue	NOUN
taxlaw-2799	978	8	discussed	discuss	VERB
taxlaw-2799	978	9	herein	herein	NOUN
taxlaw-2799	978	10	,	,	PUNCT
taxlaw-2799	978	11	some	some	PRON
taxlaw-2799	978	12	of	of	ADP
taxlaw-2799	978	13	those	those	PRON
taxlaw-2799	978	14	in	in	ADP
taxlaw-2799	978	15	favor	favor	NOUN
taxlaw-2799	978	16	of	of	ADP
taxlaw-2799	978	17	mark	mark	NOUN
taxlaw-2799	978	18	-	-	PUNCT
taxlaw-2799	978	19	to	to	ADP
taxlaw-2799	978	20	-	-	PUNCT
taxlaw-2799	978	21	market	market	NOUN
taxlaw-2799	978	22	agree	agree	VERB
taxlaw-2799	978	23	that	that	SCONJ
taxlaw-2799	978	24	because	because	SCONJ
taxlaw-2799	978	25	of	of	ADP
taxlaw-2799	978	26	the	the	DET
taxlaw-2799	978	27	valuation	valuation	NOUN
taxlaw-2799	978	28	and	and	CCONJ
taxlaw-2799	978	29	liquidity	liquidity	NOUN
taxlaw-2799	978	30	concerns	concern	NOUN
taxlaw-2799	978	31	,	,	PUNCT
taxlaw-2799	978	32	a	a	DET
taxlaw-2799	978	33	pure	pure	ADJ
taxlaw-2799	978	34	mark	mark	NOUN
taxlaw-2799	978	35	-	-	PUNCT
taxlaw-2799	978	36	tomarket	tomarket	NOUN
taxlaw-2799	978	37	regime	regime	NOUN
taxlaw-2799	978	38	for	for	ADP
taxlaw-2799	978	39	measuring	measure	VERB
taxlaw-2799	978	40	all	all	DET
taxlaw-2799	978	41	economic	economic	ADJ
taxlaw-2799	978	42	gain	gain	NOUN
taxlaw-2799	978	43	or	or	CCONJ
taxlaw-2799	978	44	loss	loss	NOUN
taxlaw-2799	978	45	would	would	AUX
taxlaw-2799	978	46	be	be	AUX
taxlaw-2799	978	47	administratively	administratively	ADV
taxlaw-2799	978	48	untenable	untenable	ADJ
taxlaw-2799	978	49	and	and	CCONJ
taxlaw-2799	978	50	instead	instead	ADV
taxlaw-2799	978	51	argue	argue	VERB
taxlaw-2799	978	52	for	for	ADP
taxlaw-2799	978	53	a	a	DET
taxlaw-2799	978	54	limited	limited	ADJ
taxlaw-2799	978	55	mark	mark	NOUN
taxlaw-2799	978	56	-	-	PUNCT
taxlaw-2799	978	57	to	to	ADP
taxlaw-2799	978	58	-	-	PUNCT
taxlaw-2799	978	59	market	market	NOUN
taxlaw-2799	978	60	regime	regime	NOUN
taxlaw-2799	978	61	for	for	ADP
taxlaw-2799	978	62	derivatives	derivative	NOUN
taxlaw-2799	978	63	.	.	PUNCT
taxlaw-2799	979	1	one	one	NUM
taxlaw-2799	979	2	proposal	proposal	NOUN
taxlaw-2799	979	3	is	be	AUX
taxlaw-2799	979	4	to	to	PART
taxlaw-2799	979	5	require	require	VERB
taxlaw-2799	979	6	taxpayers	taxpayer	NOUN
taxlaw-2799	979	7	who	who	PRON
taxlaw-2799	979	8	mark	mark	VERB
taxlaw-2799	979	9	gains	gain	NOUN
taxlaw-2799	979	10	and	and	CCONJ
taxlaw-2799	979	11	losses	loss	NOUN
taxlaw-2799	979	12	to	to	ADP
taxlaw-2799	979	13	market	market	NOUN
taxlaw-2799	979	14	for	for	ADP
taxlaw-2799	979	15	purposes	purpose	NOUN
taxlaw-2799	979	16	of	of	ADP
taxlaw-2799	979	17	gaap	gaap	PROPN
taxlaw-2799	979	18	to	to	PART
taxlaw-2799	979	19	do	do	VERB
taxlaw-2799	979	20	the	the	DET
taxlaw-2799	979	21	same	same	ADJ
taxlaw-2799	979	22	for	for	ADP
taxlaw-2799	979	23	tax	tax	NOUN
taxlaw-2799	979	24	purposes	purpose	NOUN
taxlaw-2799	979	25	,	,	PUNCT
taxlaw-2799	979	26	and	and	CCONJ
taxlaw-2799	979	27	allow	allow	VERB
taxlaw-2799	979	28	taxpayers	taxpayer	NOUN
taxlaw-2799	979	29	not	not	PART
taxlaw-2799	979	30	subject	subject	ADJ
taxlaw-2799	979	31	to	to	ADP
taxlaw-2799	979	32	gaap	gaap	PROPN
taxlaw-2799	979	33	to	to	PART
taxlaw-2799	979	34	elect	elect	VERB
taxlaw-2799	979	35	mark	mark	NOUN
taxlaw-2799	979	36	-	-	PUNCT
taxlaw-2799	979	37	to	to	ADP
taxlaw-2799	979	38	-	-	PUNCT
taxlaw-2799	979	39	market	market	NOUN
taxlaw-2799	979	40	.	.	PUNCT
taxlaw-2799	980	1	because	because	SCONJ
taxlaw-2799	980	2	companies	company	NOUN
taxlaw-2799	980	3	subject	subject	VERB
taxlaw-2799	980	4	to	to	ADP
taxlaw-2799	980	5	gaap	gaap	PROPN
taxlaw-2799	980	6	have	have	AUX
taxlaw-2799	980	7	been	be	AUX
taxlaw-2799	980	8	required	require	VERB
taxlaw-2799	980	9	to	to	PART
taxlaw-2799	980	10	value	value	VERB
taxlaw-2799	980	11	their	their	PRON
taxlaw-2799	980	12	derivatives	derivative	NOUN
taxlaw-2799	980	13	for	for	ADP
taxlaw-2799	980	14	book	book	NOUN
taxlaw-2799	980	15	purposes	purpose	NOUN
taxlaw-2799	980	16	since	since	SCONJ
taxlaw-2799	980	17	the	the	DET
taxlaw-2799	980	18	issue	issue	NOUN
taxlaw-2799	980	19	of	of	ADP
taxlaw-2799	980	20	fas	fas	NOUN
taxlaw-2799	980	21	133	133	NUM
taxlaw-2799	980	22	in	in	ADP
taxlaw-2799	980	23	1998	1998	NUM
taxlaw-2799	980	24	,	,	PUNCT
taxlaw-2799	980	25	such	such	DET
taxlaw-2799	980	26	a	a	DET
taxlaw-2799	980	27	proposal	proposal	NOUN
taxlaw-2799	980	28	would	would	AUX
taxlaw-2799	980	29	not	not	PART
taxlaw-2799	980	30	raise	raise	VERB
taxlaw-2799	980	31	the	the	DET
taxlaw-2799	980	32	standard	standard	ADJ
taxlaw-2799	980	33	valuation	valuation	NOUN
taxlaw-2799	980	34	concerns	concern	NOUN
taxlaw-2799	980	35	.	.	PUNCT
taxlaw-2799	981	1	another	another	DET
taxlaw-2799	981	2	proposal	proposal	NOUN
taxlaw-2799	981	3	is	be	AUX
taxlaw-2799	981	4	to	to	PART
taxlaw-2799	981	5	require	require	VERB
taxlaw-2799	981	6	high	high	ADJ
taxlaw-2799	981	7	-	-	PUNCT
taxlaw-2799	981	8	income	income	NOUN
taxlaw-2799	981	9	and	and	CCONJ
taxlaw-2799	981	10	high	high	ADJ
taxlaw-2799	981	11	-	-	PUNCT
taxlaw-2799	981	12	net	net	NOUN
taxlaw-2799	981	13	-	-	PUNCT
taxlaw-2799	981	14	worth	worth	NOUN
taxlaw-2799	981	15	taxpayers	taxpayer	NOUN
taxlaw-2799	981	16	to	to	PART
taxlaw-2799	981	17	mark	mark	VERB
taxlaw-2799	981	18	-	-	PUNCT
taxlaw-2799	981	19	to	to	ADP
taxlaw-2799	981	20	-	-	PUNCT
taxlaw-2799	981	21	market	market	NOUN
taxlaw-2799	981	22	derivatives	derivative	NOUN
taxlaw-2799	981	23	and	and	CCONJ
taxlaw-2799	981	24	publicly	publicly	ADV
taxlaw-2799	981	25	traded	trade	VERB
taxlaw-2799	981	26	securities	security	NOUN
taxlaw-2799	981	27	.	.	PUNCT
taxlaw-2799	982	1	it	it	PRON
taxlaw-2799	982	2	is	be	AUX
taxlaw-2799	982	3	argued	argue	VERB
taxlaw-2799	982	4	that	that	SCONJ
taxlaw-2799	982	5	concerns	concern	NOUN
taxlaw-2799	982	6	about	about	ADP
taxlaw-2799	982	7	liquidity	liquidity	NOUN
taxlaw-2799	982	8	are	be	AUX
taxlaw-2799	982	9	not	not	PART
taxlaw-2799	982	10	as	as	ADV
taxlaw-2799	982	11	strong	strong	ADJ
taxlaw-2799	982	12	for	for	ADP
taxlaw-2799	982	13	taxpayers	taxpayer	NOUN
taxlaw-2799	982	14	who	who	PRON
taxlaw-2799	982	15	are	be	AUX
taxlaw-2799	982	16	capable	capable	ADJ
taxlaw-2799	982	17	of	of	ADP
taxlaw-2799	982	18	borrowing	borrow	VERB
taxlaw-2799	982	19	against	against	ADP
taxlaw-2799	982	20	their	their	PRON
taxlaw-2799	982	21	securities	security	NOUN
taxlaw-2799	982	22	and	and	CCONJ
taxlaw-2799	982	23	derivatives	derivative	NOUN
taxlaw-2799	982	24	.	.	PUNCT
taxlaw-2799	983	1	keinan	keinan	PROPN
taxlaw-2799	983	2	,	,	PUNCT
taxlaw-2799	983	3	supra	supra	PROPN
taxlaw-2799	983	4	note	note	PROPN
taxlaw-2799	983	5	86	86	NUM
taxlaw-2799	983	6	,	,	PUNCT
taxlaw-2799	983	7	at	at	ADP
taxlaw-2799	983	8	1279	1279	NUM
taxlaw-2799	983	9	-	-	SYM
taxlaw-2799	983	10	81	81	NUM
taxlaw-2799	983	11	;	;	PUNCT
taxlaw-2799	983	12	miller	miller	PROPN
taxlaw-2799	983	13	,	,	PUNCT
taxlaw-2799	983	14	supra	supra	PROPN
taxlaw-2799	983	15	note	note	PROPN
taxlaw-2799	983	16	86	86	NUM
taxlaw-2799	983	17	,	,	PUNCT
taxlaw-2799	983	18	at	at	ADP
taxlaw-2799	983	19	213	213	NUM
taxlaw-2799	983	20	,	,	PUNCT
taxlaw-2799	983	21	216	216	NUM
taxlaw-2799	983	22	-	-	SYM
taxlaw-2799	983	23	18	18	NUM
taxlaw-2799	983	24	;	;	PUNCT
taxlaw-2799	983	25	scarborough	scarborough	PROPN
taxlaw-2799	983	26	,	,	PUNCT
taxlaw-2799	983	27	supra	supra	PROPN
taxlaw-2799	983	28	note	note	PROPN
taxlaw-2799	983	29	86	86	NUM
taxlaw-2799	983	30	,	,	PUNCT
taxlaw-2799	983	31	at	at	ADP
taxlaw-2799	983	32	1048	1048	NUM
taxlaw-2799	983	33	;	;	PUNCT
taxlaw-2799	983	34	kleinbard	kleinbard	PROPN
taxlaw-2799	983	35	&	&	CCONJ
taxlaw-2799	983	36	evans	evans	PROPN
taxlaw-2799	983	37	,	,	PUNCT
taxlaw-2799	983	38	supra	supra	PROPN
taxlaw-2799	983	39	note	note	PROPN
taxlaw-2799	983	40	86	86	NUM
taxlaw-2799	983	41	,	,	PUNCT
taxlaw-2799	983	42	at	at	ADP
taxlaw-2799	983	43	790	790	NUM
taxlaw-2799	983	44	.	.	PUNCT
taxlaw-2799	984	1	other	other	ADJ
taxlaw-2799	984	2	commentators	commentator	NOUN
taxlaw-2799	984	3	have	have	AUX
taxlaw-2799	984	4	argued	argue	VERB
taxlaw-2799	984	5	against	against	ADP
taxlaw-2799	984	6	such	such	ADJ
taxlaw-2799	984	7	limited	limited	ADJ
taxlaw-2799	984	8	mark	mark	NOUN
taxlaw-2799	984	9	-	-	PUNCT
taxlaw-2799	984	10	to	to	ADP
taxlaw-2799	984	11	-	-	PUNCT
taxlaw-2799	984	12	market	market	NOUN
taxlaw-2799	984	13	regimes	regime	NOUN
taxlaw-2799	984	14	for	for	ADP
taxlaw-2799	984	15	derivatives	derivative	NOUN
taxlaw-2799	984	16	on	on	ADP
taxlaw-2799	984	17	the	the	DET
taxlaw-2799	984	18	basis	basis	NOUN
taxlaw-2799	984	19	that	that	SCONJ
taxlaw-2799	984	20	they	they	PRON
taxlaw-2799	984	21	create	create	VERB
taxlaw-2799	984	22	a	a	DET
taxlaw-2799	984	23	lack	lack	NOUN
taxlaw-2799	984	24	of	of	ADP
taxlaw-2799	984	25	consistency	consistency	NOUN
taxlaw-2799	984	26	,	,	PUNCT
taxlaw-2799	984	27	which	which	PRON
taxlaw-2799	984	28	is	be	AUX
taxlaw-2799	984	29	unjustified	unjustified	ADJ
taxlaw-2799	984	30	given	give	VERB
taxlaw-2799	984	31	that	that	SCONJ
taxlaw-2799	984	32	the	the	DET
taxlaw-2799	984	33	failure	failure	NOUN
taxlaw-2799	984	34	of	of	ADP
taxlaw-2799	984	35	realization	realization	NOUN
taxlaw-2799	984	36	-	-	PUNCT
taxlaw-2799	984	37	based	base	VERB
taxlaw-2799	984	38	taxation	taxation	NOUN
taxlaw-2799	984	39	to	to	PART
taxlaw-2799	984	40	deal	deal	VERB
taxlaw-2799	984	41	with	with	ADP
taxlaw-2799	984	42	deferral	deferral	NOUN
taxlaw-2799	984	43	is	be	AUX
taxlaw-2799	984	44	not	not	PART
taxlaw-2799	984	45	generally	generally	ADV
taxlaw-2799	984	46	considered	consider	VERB
taxlaw-2799	984	47	to	to	PART
taxlaw-2799	984	48	be	be	AUX
taxlaw-2799	984	49	unacceptable	unacceptable	ADJ
taxlaw-2799	984	50	.	.	PUNCT
taxlaw-2799	985	1	in	in	ADP
taxlaw-2799	985	2	addition	addition	NOUN
taxlaw-2799	985	3	,	,	PUNCT
taxlaw-2799	985	4	if	if	SCONJ
taxlaw-2799	985	5	derivatives	derivative	NOUN
taxlaw-2799	985	6	were	be	AUX
taxlaw-2799	985	7	marked	mark	VERB
taxlaw-2799	985	8	to	to	ADP
taxlaw-2799	985	9	market	market	NOUN
taxlaw-2799	985	10	,	,	PUNCT
taxlaw-2799	985	11	valuation	valuation	NOUN
taxlaw-2799	985	12	costs	cost	NOUN
taxlaw-2799	985	13	would	would	AUX
taxlaw-2799	985	14	increase	increase	VERB
taxlaw-2799	985	15	,	,	PUNCT
taxlaw-2799	985	16	and	and	CCONJ
taxlaw-2799	985	17	the	the	DET
taxlaw-2799	985	18	models	model	NOUN
taxlaw-2799	985	19	used	use	VERB
taxlaw-2799	985	20	to	to	PART
taxlaw-2799	985	21	value	value	VERB
taxlaw-2799	985	22	certain	certain	ADJ
taxlaw-2799	985	23	derivatives	derivative	NOUN
taxlaw-2799	985	24	would	would	AUX
taxlaw-2799	985	25	be	be	AUX
taxlaw-2799	985	26	difficult	difficult	ADJ
taxlaw-2799	985	27	for	for	SCONJ
taxlaw-2799	985	28	the	the	DET
taxlaw-2799	985	29	service	service	NOUN
taxlaw-2799	985	30	to	to	PART
taxlaw-2799	985	31	monitor	monitor	VERB
taxlaw-2799	985	32	.	.	PUNCT
taxlaw-2799	986	1	others	other	NOUN
taxlaw-2799	986	2	argue	argue	VERB
taxlaw-2799	986	3	that	that	SCONJ
taxlaw-2799	986	4	the	the	DET
taxlaw-2799	986	5	line	line	NOUN
taxlaw-2799	986	6	between	between	ADP
taxlaw-2799	986	7	what	what	PRON
taxlaw-2799	986	8	is	be	AUX
taxlaw-2799	986	9	and	and	CCONJ
taxlaw-2799	986	10	what	what	PRON
taxlaw-2799	986	11	is	be	AUX
taxlaw-2799	986	12	not	not	PART
taxlaw-2799	986	13	subject	subject	ADJ
taxlaw-2799	986	14	to	to	ADP
taxlaw-2799	986	15	a	a	DET
taxlaw-2799	986	16	limited	limited	ADJ
taxlaw-2799	986	17	mark	mark	NOUN
taxlaw-2799	986	18	-	-	PUNCT
taxlaw-2799	986	19	to	to	ADP
taxlaw-2799	986	20	-	-	PUNCT
taxlaw-2799	986	21	market	market	NOUN
taxlaw-2799	986	22	regime	regime	NOUN
taxlaw-2799	986	23	would	would	AUX
taxlaw-2799	986	24	be	be	AUX
taxlaw-2799	986	25	difficult	difficult	ADJ
taxlaw-2799	986	26	,	,	PUNCT
taxlaw-2799	986	27	if	if	SCONJ
taxlaw-2799	986	28	not	not	PART
taxlaw-2799	986	29	impossible	impossible	ADJ
taxlaw-2799	986	30	to	to	PART
taxlaw-2799	986	31	draw	draw	VERB
taxlaw-2799	986	32	.	.	PUNCT
taxlaw-2799	987	1	it	it	PRON
taxlaw-2799	987	2	is	be	AUX
taxlaw-2799	987	3	cautioned	caution	VERB
taxlaw-2799	987	4	that	that	SCONJ
taxlaw-2799	987	5	if	if	SCONJ
taxlaw-2799	987	6	publicly	publicly	ADV
taxlaw-2799	987	7	traded	trade	VERB
taxlaw-2799	987	8	stocks	stock	NOUN
taxlaw-2799	987	9	were	be	AUX
taxlaw-2799	987	10	marked	mark	VERB
taxlaw-2799	987	11	to	to	ADP
taxlaw-2799	987	12	market	market	NOUN
taxlaw-2799	987	13	,	,	PUNCT
taxlaw-2799	987	14	and	and	CCONJ
taxlaw-2799	987	15	derivatives	derivative	NOUN
taxlaw-2799	987	16	based	base	VERB
taxlaw-2799	987	17	on	on	ADP
taxlaw-2799	987	18	them	they	PRON
taxlaw-2799	987	19	were	be	AUX
taxlaw-2799	987	20	not	not	PART
taxlaw-2799	987	21	,	,	PUNCT
taxlaw-2799	987	22	taxpayers	taxpayer	NOUN
taxlaw-2799	987	23	would	would	AUX
taxlaw-2799	987	24	simply	simply	ADV
taxlaw-2799	987	25	‘	'	PUNCT
taxlaw-2799	987	26	substitute	substitute	ADJ
taxlaw-2799	987	27	’	'	PUNCT
taxlaw-2799	987	28	one	one	NUM
taxlaw-2799	987	29	for	for	ADP
taxlaw-2799	987	30	the	the	DET
taxlaw-2799	987	31	other	other	ADJ
taxlaw-2799	987	32	and	and	CCONJ
taxlaw-2799	987	33	shift	shift	VERB
taxlaw-2799	987	34	from	from	ADP
taxlaw-2799	987	35	positions	position	NOUN
taxlaw-2799	987	36	in	in	ADP
taxlaw-2799	987	37	stock	stock	NOUN
taxlaw-2799	987	38	and	and	CCONJ
taxlaw-2799	987	39	securities	security	NOUN
taxlaw-2799	987	40	to	to	ADP
taxlaw-2799	987	41	derivative	derivative	ADJ
taxlaw-2799	987	42	positions	position	NOUN
taxlaw-2799	987	43	.	.	PUNCT
taxlaw-2799	988	1	further	far	ADV
taxlaw-2799	988	2	,	,	PUNCT
taxlaw-2799	988	3	if	if	SCONJ
taxlaw-2799	988	4	some	some	DET
taxlaw-2799	988	5	derivatives	derivative	NOUN
taxlaw-2799	988	6	were	be	AUX
taxlaw-2799	988	7	subject	subject	ADJ
taxlaw-2799	988	8	to	to	ADP
taxlaw-2799	988	9	mark	mark	NOUN
taxlaw-2799	988	10	-	-	PUNCT
taxlaw-2799	988	11	tomarket	tomarket	NOUN
taxlaw-2799	988	12	and	and	CCONJ
taxlaw-2799	988	13	others	other	NOUN
taxlaw-2799	988	14	were	be	AUX
taxlaw-2799	988	15	not	not	PART
taxlaw-2799	988	16	,	,	PUNCT
taxlaw-2799	988	17	a	a	DET
taxlaw-2799	988	18	new	new	ADJ
taxlaw-2799	988	19	form	form	NOUN
taxlaw-2799	988	20	of	of	ADP
taxlaw-2799	988	21	derivative	derivative	NOUN
taxlaw-2799	988	22	not	not	PART
taxlaw-2799	988	23	subject	subject	ADJ
taxlaw-2799	988	24	to	to	ADP
taxlaw-2799	988	25	the	the	DET
taxlaw-2799	988	26	system	system	NOUN
taxlaw-2799	988	27	would	would	AUX
taxlaw-2799	988	28	be	be	AUX
taxlaw-2799	988	29	easily	easily	ADV
taxlaw-2799	988	30	substituted	substitute	VERB
taxlaw-2799	988	31	.	.	PUNCT
taxlaw-2799	989	1	potter	potter	NOUN
taxlaw-2799	989	2	,	,	PUNCT
taxlaw-2799	989	3	supra	supra	PROPN
taxlaw-2799	989	4	note	note	PROPN
taxlaw-2799	989	5	86	86	NUM
taxlaw-2799	989	6	,	,	PUNCT
taxlaw-2799	989	7	at	at	ADP
taxlaw-2799	989	8	888	888	NUM
taxlaw-2799	989	9	-	-	SYM
taxlaw-2799	989	10	99	99	NUM
taxlaw-2799	989	11	;	;	PUNCT
taxlaw-2799	990	1	deborah	deborah	PROPN
taxlaw-2799	990	2	h.	h.	PROPN
taxlaw-2799	990	3	schenk	schenk	PROPN
taxlaw-2799	990	4	,	,	PUNCT
taxlaw-2799	990	5	an	an	DET
taxlaw-2799	990	6	efficiency	efficiency	NOUN
taxlaw-2799	990	7	approach	approach	NOUN
taxlaw-2799	990	8	to	to	ADP
taxlaw-2799	990	9	reforming	reform	VERB
taxlaw-2799	990	10	a	a	DET
taxlaw-2799	990	11	realization	realization	NOUN
taxlaw-2799	990	12	-	-	PUNCT
taxlaw-2799	990	13	based	base	VERB
taxlaw-2799	990	14	tax	tax	NOUN
taxlaw-2799	990	15	,	,	PUNCT
taxlaw-2799	990	16	57	57	NUM
taxlaw-2799	990	17	tax	tax	NOUN
taxlaw-2799	990	18	l.	l.	PROPN
taxlaw-2799	990	19	rev	rev	PROPN
taxlaw-2799	990	20	.	.	PROPN
taxlaw-2799	990	21	503	503	NUM
taxlaw-2799	990	22	,	,	PUNCT
taxlaw-2799	990	23	527	527	NUM
taxlaw-2799	990	24	-	-	SYM
taxlaw-2799	990	25	29	29	NUM
taxlaw-2799	990	26	(	(	PUNCT
taxlaw-2799	990	27	2004	2004	NUM
taxlaw-2799	990	28	)	)	PUNCT
taxlaw-2799	990	29	;	;	PUNCT
taxlaw-2799	990	30	reed	reed	NOUN
taxlaw-2799	990	31	shuldiner	shuldiner	NOUN
taxlaw-2799	990	32	,	,	PUNCT
taxlaw-2799	990	33	consistency	consistency	NOUN
taxlaw-2799	990	34	and	and	CCONJ
taxlaw-2799	990	35	the	the	DET
taxlaw-2799	990	36	taxation	taxation	NOUN
taxlaw-2799	990	37	of	of	ADP
taxlaw-2799	990	38	financial	financial	ADJ
taxlaw-2799	990	39	products	product	NOUN
taxlaw-2799	990	40	,	,	PUNCT
taxlaw-2799	990	41	70	70	NUM
taxlaw-2799	990	42	taxes	taxis	NOUN
taxlaw-2799	990	43	781	781	NUM
taxlaw-2799	990	44	-	-	SYM
taxlaw-2799	990	45	83	83	NUM
taxlaw-2799	990	46	(	(	PUNCT
taxlaw-2799	990	47	1992	1992	NUM
taxlaw-2799	990	48	)	)	PUNCT
taxlaw-2799	990	49	.	.	PUNCT
taxlaw-2799	991	1	thus	thus	ADV
taxlaw-2799	991	2	,	,	PUNCT
taxlaw-2799	991	3	no	no	DET
taxlaw-2799	991	4	harmony	harmony	NOUN
taxlaw-2799	991	5	has	have	AUX
taxlaw-2799	991	6	been	be	AUX
taxlaw-2799	991	7	reached	reach	VERB
taxlaw-2799	991	8	in	in	ADP
taxlaw-2799	991	9	or	or	CCONJ
taxlaw-2799	991	10	outside	outside	ADP
taxlaw-2799	991	11	the	the	DET
taxlaw-2799	991	12	academy	academy	NOUN
taxlaw-2799	991	13	on	on	ADP
taxlaw-2799	991	14	the	the	DET
taxlaw-2799	991	15	merits	merit	NOUN
taxlaw-2799	991	16	of	of	ADP
taxlaw-2799	991	17	a	a	DET
taxlaw-2799	991	18	general	general	ADJ
taxlaw-2799	991	19	mark	mark	NOUN
taxlaw-2799	991	20	-	-	PUNCT
taxlaw-2799	991	21	to	to	ADP
taxlaw-2799	991	22	-	-	PUNCT
taxlaw-2799	991	23	market	market	NOUN
taxlaw-2799	991	24	regime	regime	NOUN
taxlaw-2799	991	25	for	for	ADP
taxlaw-2799	991	26	derivatives	derivative	NOUN
taxlaw-2799	991	27	.	.	PUNCT
taxlaw-2799	992	1	it	it	PRON
taxlaw-2799	992	2	is	be	AUX
taxlaw-2799	992	3	probably	probably	ADV
taxlaw-2799	992	4	fair	fair	ADJ
taxlaw-2799	992	5	to	to	PART
taxlaw-2799	992	6	say	say	VERB
taxlaw-2799	992	7	that	that	SCONJ
taxlaw-2799	992	8	,	,	PUNCT
taxlaw-2799	992	9	to	to	ADP
taxlaw-2799	992	10	date	date	NOUN
taxlaw-2799	992	11	,	,	PUNCT
taxlaw-2799	992	12	tax	tax	NOUN
taxlaw-2799	992	13	administrators	administrator	NOUN
taxlaw-2799	992	14	and	and	CCONJ
taxlaw-2799	992	15	legislators	legislator	NOUN
taxlaw-2799	992	16	have	have	AUX
taxlaw-2799	992	17	evinced	evince	VERB
taxlaw-2799	992	18	even	even	ADV
taxlaw-2799	992	19	less	less	ADJ
taxlaw-2799	992	20	interest	interest	NOUN
taxlaw-2799	992	21	in	in	ADP
taxlaw-2799	992	22	such	such	DET
taxlaw-2799	992	23	a	a	DET
taxlaw-2799	992	24	regime	regime	NOUN
taxlaw-2799	992	25	.	.	PUNCT
taxlaw-2799	993	1	2011	2011	NUM
taxlaw-2799	993	2	]	]	PUNCT
taxlaw-2799	993	3	ew	ew	AUX
taxlaw-2799	993	4	tax	tax	NOUN
taxlaw-2799	993	5	issues	issue	NOUN
taxlaw-2799	993	6	arisi	arisi	VERB
taxlaw-2799	993	7	g	g	PROPN
taxlaw-2799	993	8	from	from	ADP
taxlaw-2799	993	9	the	the	DET
taxlaw-2799	993	10	dodd	dodd	NOUN
taxlaw-2799	993	11	-	-	PUNCT
taxlaw-2799	993	12	fra	fra	PROPN
taxlaw-2799	993	13	k	k	PROPN
taxlaw-2799	993	14	act	act	PROPN
taxlaw-2799	993	15	49	49	NUM
taxlaw-2799	993	16	a	a	DET
taxlaw-2799	993	17	final	final	ADJ
taxlaw-2799	993	18	consideration	consideration	NOUN
taxlaw-2799	993	19	is	be	AUX
taxlaw-2799	993	20	that	that	SCONJ
taxlaw-2799	993	21	wherever	wherever	SCONJ
taxlaw-2799	993	22	the	the	DET
taxlaw-2799	993	23	line	line	NOUN
taxlaw-2799	993	24	is	be	AUX
taxlaw-2799	993	25	drawn	draw	VERB
taxlaw-2799	993	26	,	,	PUNCT
taxlaw-2799	993	27	it	it	PRON
taxlaw-2799	993	28	will	will	AUX
taxlaw-2799	993	29	be	be	AUX
taxlaw-2799	993	30	“	"	PUNCT
taxlaw-2799	993	31	wrong	wrong	ADJ
taxlaw-2799	993	32	.	.	PUNCT
taxlaw-2799	993	33	”	"	PUNCT
taxlaw-2799	994	1	that	that	PRON
taxlaw-2799	994	2	is	be	AUX
taxlaw-2799	994	3	,	,	PUNCT
taxlaw-2799	994	4	it	it	PRON
taxlaw-2799	994	5	appears	appear	VERB
taxlaw-2799	994	6	impossible	impossible	ADJ
taxlaw-2799	994	7	given	give	VERB
taxlaw-2799	994	8	the	the	DET
taxlaw-2799	994	9	current	current	ADJ
taxlaw-2799	994	10	state	state	NOUN
taxlaw-2799	994	11	of	of	ADP
taxlaw-2799	994	12	the	the	DET
taxlaw-2799	994	13	law	law	NOUN
taxlaw-2799	994	14	and	and	CCONJ
taxlaw-2799	994	15	the	the	DET
taxlaw-2799	994	16	many	many	ADJ
taxlaw-2799	994	17	complexities	complexity	NOUN
taxlaw-2799	994	18	of	of	ADP
taxlaw-2799	994	19	dodd	dodd	PROPN
taxlaw-2799	994	20	-	-	PUNCT
taxlaw-2799	994	21	frank	frank	PROPN
taxlaw-2799	994	22	to	to	PART
taxlaw-2799	994	23	avoid	avoid	VERB
taxlaw-2799	994	24	a	a	DET
taxlaw-2799	994	25	situation	situation	NOUN
taxlaw-2799	994	26	where	where	SCONJ
taxlaw-2799	994	27	similar	similar	ADJ
taxlaw-2799	994	28	financial	financial	ADJ
taxlaw-2799	994	29	instruments	instrument	NOUN
taxlaw-2799	994	30	may	may	AUX
taxlaw-2799	994	31	be	be	AUX
taxlaw-2799	994	32	subject	subject	ADJ
taxlaw-2799	994	33	to	to	ADP
taxlaw-2799	994	34	different	different	ADJ
taxlaw-2799	994	35	tax	tax	NOUN
taxlaw-2799	994	36	regimes	regime	NOUN
taxlaw-2799	994	37	.	.	PUNCT
taxlaw-2799	995	1	such	such	ADJ
taxlaw-2799	995	2	differences	difference	NOUN
taxlaw-2799	995	3	may	may	AUX
taxlaw-2799	995	4	arise	arise	VERB
taxlaw-2799	995	5	,	,	PUNCT
taxlaw-2799	995	6	for	for	ADP
taxlaw-2799	995	7	example	example	NOUN
taxlaw-2799	995	8	,	,	PUNCT
taxlaw-2799	995	9	(	(	PUNCT
taxlaw-2799	995	10	a	a	X
taxlaw-2799	995	11	)	)	PUNCT
taxlaw-2799	995	12	if	if	SCONJ
taxlaw-2799	995	13	similar	similar	ADJ
taxlaw-2799	995	14	swaps	swap	NOUN
taxlaw-2799	995	15	are	be	AUX
taxlaw-2799	995	16	traded	trade	VERB
taxlaw-2799	995	17	on	on	ADP
taxlaw-2799	995	18	a	a	DET
taxlaw-2799	995	19	designated	designate	VERB
taxlaw-2799	995	20	contract	contract	NOUN
taxlaw-2799	995	21	market	market	NOUN
taxlaw-2799	995	22	or	or	CCONJ
taxlaw-2799	995	23	national	national	ADJ
taxlaw-2799	995	24	securities	security	NOUN
taxlaw-2799	995	25	exchange	exchange	NOUN
taxlaw-2799	995	26	,	,	PUNCT
taxlaw-2799	995	27	on	on	ADP
taxlaw-2799	995	28	the	the	DET
taxlaw-2799	995	29	one	one	NUM
taxlaw-2799	995	30	hand	hand	NOUN
taxlaw-2799	995	31	,	,	PUNCT
taxlaw-2799	995	32	and	and	CCONJ
taxlaw-2799	995	33	a	a	DET
taxlaw-2799	995	34	swap	swap	NOUN
taxlaw-2799	995	35	execution	execution	NOUN
taxlaw-2799	995	36	facility	facility	NOUN
taxlaw-2799	995	37	,	,	PUNCT
taxlaw-2799	995	38	on	on	ADP
taxlaw-2799	995	39	the	the	DET
taxlaw-2799	995	40	other	other	ADJ
taxlaw-2799	995	41	,	,	PUNCT
taxlaw-2799	995	42	because	because	SCONJ
taxlaw-2799	995	43	the	the	DET
taxlaw-2799	995	44	former	former	ADJ
taxlaw-2799	995	45	are	be	AUX
taxlaw-2799	995	46	and	and	CCONJ
taxlaw-2799	995	47	the	the	DET
taxlaw-2799	995	48	latter	latter	ADJ
taxlaw-2799	995	49	are	be	AUX
taxlaw-2799	995	50	not	not	PART
taxlaw-2799	995	51	,	,	PUNCT
taxlaw-2799	995	52	qbes	qbe	NOUN
taxlaw-2799	995	53	;	;	PUNCT
taxlaw-2799	995	54	(	(	PUNCT
taxlaw-2799	995	55	b	b	X
taxlaw-2799	995	56	)	)	PUNCT
taxlaw-2799	995	57	if	if	SCONJ
taxlaw-2799	995	58	one	one	NUM
taxlaw-2799	995	59	class	class	NOUN
taxlaw-2799	995	60	of	of	ADP
taxlaw-2799	995	61	swaps	swap	NOUN
taxlaw-2799	995	62	is	be	AUX
taxlaw-2799	995	63	required	require	VERB
taxlaw-2799	995	64	to	to	PART
taxlaw-2799	995	65	be	be	AUX
taxlaw-2799	995	66	cleared	clear	VERB
taxlaw-2799	995	67	and	and	CCONJ
taxlaw-2799	995	68	traded	trade	VERB
taxlaw-2799	995	69	on	on	ADP
taxlaw-2799	995	70	a	a	DET
taxlaw-2799	995	71	regulated	regulated	ADJ
taxlaw-2799	995	72	market	market	NOUN
taxlaw-2799	995	73	while	while	SCONJ
taxlaw-2799	995	74	a	a	DET
taxlaw-2799	995	75	class	class	NOUN
taxlaw-2799	995	76	of	of	ADP
taxlaw-2799	995	77	similar	similar	ADJ
taxlaw-2799	995	78	or	or	CCONJ
taxlaw-2799	995	79	related	related	ADJ
taxlaw-2799	995	80	swaps	swap	NOUN
taxlaw-2799	995	81	is	be	AUX
taxlaw-2799	995	82	not	not	PART
taxlaw-2799	995	83	–	–	PUNCT
taxlaw-2799	995	84	examples	example	NOUN
taxlaw-2799	995	85	of	of	ADP
taxlaw-2799	995	86	this	this	PRON
taxlaw-2799	995	87	are	be	AUX
taxlaw-2799	995	88	discussed	discuss	VERB
taxlaw-2799	995	89	in	in	ADP
taxlaw-2799	995	90	section	section	NOUN
taxlaw-2799	995	91	iii.a.1	iii.a.1	NOUN
taxlaw-2799	995	92	,	,	PUNCT
taxlaw-2799	995	93	below	below	ADV
taxlaw-2799	995	94	;	;	PUNCT
taxlaw-2799	995	95	(	(	PUNCT
taxlaw-2799	995	96	c	c	X
taxlaw-2799	995	97	)	)	PUNCT
taxlaw-2799	995	98	if	if	SCONJ
taxlaw-2799	995	99	commodities	commodity	NOUN
taxlaw-2799	995	100	exchanges	exchange	NOUN
taxlaw-2799	995	101	offer	offer	VERB
taxlaw-2799	995	102	products	product	NOUN
taxlaw-2799	995	103	subject	subject	ADJ
taxlaw-2799	995	104	to	to	ADP
taxlaw-2799	995	105	§	§	PROPN
taxlaw-2799	995	106	1256	1256	NUM
taxlaw-2799	995	107	that	that	PRON
taxlaw-2799	995	108	compete	compete	VERB
taxlaw-2799	995	109	with	with	ADP
taxlaw-2799	995	110	similar	similar	ADJ
taxlaw-2799	995	111	products	product	NOUN
taxlaw-2799	995	112	covered	cover	VERB
taxlaw-2799	995	113	by	by	ADP
taxlaw-2799	995	114	the	the	DET
taxlaw-2799	995	115	amendment	amendment	NOUN
taxlaw-2799	995	116	;	;	PUNCT
taxlaw-2799	995	117	(	(	PUNCT
taxlaw-2799	995	118	d	d	X
taxlaw-2799	995	119	)	)	PUNCT
taxlaw-2799	995	120	if	if	SCONJ
taxlaw-2799	995	121	similar	similar	ADJ
taxlaw-2799	995	122	swaps	swap	NOUN
taxlaw-2799	995	123	are	be	AUX
taxlaw-2799	995	124	entered	enter	VERB
taxlaw-2799	995	125	into	into	ADP
taxlaw-2799	995	126	by	by	ADP
taxlaw-2799	995	127	an	an	DET
taxlaw-2799	995	128	end	end	NOUN
taxlaw-2799	995	129	-	-	PUNCT
taxlaw-2799	995	130	user	user	NOUN
taxlaw-2799	995	131	that	that	PRON
taxlaw-2799	995	132	does	do	AUX
taxlaw-2799	995	133	not	not	PART
taxlaw-2799	995	134	clear	clear	VERB
taxlaw-2799	995	135	its	its	PRON
taxlaw-2799	995	136	swaps	swap	NOUN
taxlaw-2799	995	137	and	and	CCONJ
taxlaw-2799	995	138	another	another	DET
taxlaw-2799	995	139	party	party	NOUN
taxlaw-2799	995	140	that	that	PRON
taxlaw-2799	995	141	does	do	VERB
taxlaw-2799	995	142	;	;	PUNCT
taxlaw-2799	995	143	and	and	CCONJ
taxlaw-2799	995	144	(	(	PUNCT
taxlaw-2799	995	145	e	e	NOUN
taxlaw-2799	995	146	)	)	PUNCT
taxlaw-2799	995	147	if	if	SCONJ
taxlaw-2799	995	148	“	"	PUNCT
taxlaw-2799	995	149	bespoke	bespoke	NOUN
taxlaw-2799	995	150	”	"	PUNCT
taxlaw-2799	995	151	swaps	swap	NOUN
taxlaw-2799	995	152	not	not	PART
taxlaw-2799	995	153	subject	subject	ADJ
taxlaw-2799	995	154	to	to	ADP
taxlaw-2799	995	155	clearing	clearing	NOUN
taxlaw-2799	995	156	and	and	CCONJ
taxlaw-2799	995	157	trading	trading	NOUN
taxlaw-2799	995	158	on	on	ADP
taxlaw-2799	995	159	regulated	regulated	ADJ
taxlaw-2799	995	160	markets	market	NOUN
taxlaw-2799	995	161	are	be	AUX
taxlaw-2799	995	162	hedged	hedge	VERB
taxlaw-2799	995	163	with	with	ADP
taxlaw-2799	995	164	swaps	swap	NOUN
taxlaw-2799	995	165	that	that	PRON
taxlaw-2799	995	166	are	be	AUX
taxlaw-2799	995	167	subject	subject	ADJ
taxlaw-2799	995	168	to	to	ADP
taxlaw-2799	995	169	those	those	DET
taxlaw-2799	995	170	requirements.87	requirements.87	NOUN
taxlaw-2799	995	171	differences	difference	NOUN
taxlaw-2799	995	172	of	of	ADP
taxlaw-2799	995	173	this	this	DET
taxlaw-2799	995	174	kind	kind	NOUN
taxlaw-2799	995	175	exist	exist	VERB
taxlaw-2799	995	176	today	today	NOUN
taxlaw-2799	995	177	,	,	PUNCT
taxlaw-2799	995	178	of	of	ADP
taxlaw-2799	995	179	course	course	NOUN
taxlaw-2799	995	180	,	,	PUNCT
taxlaw-2799	995	181	but	but	CCONJ
taxlaw-2799	995	182	it	it	PRON
taxlaw-2799	995	183	is	be	AUX
taxlaw-2799	995	184	unfortunate	unfortunate	ADJ
taxlaw-2799	995	185	that	that	SCONJ
taxlaw-2799	995	186	dodd	dodd	PROPN
taxlaw-2799	995	187	-	-	PUNCT
taxlaw-2799	995	188	frank	frank	PROPN
taxlaw-2799	995	189	seems	seem	VERB
taxlaw-2799	995	190	to	to	PART
taxlaw-2799	995	191	have	have	AUX
taxlaw-2799	995	192	multiplied	multiply	VERB
taxlaw-2799	995	193	them	they	PRON
taxlaw-2799	995	194	,	,	PUNCT
taxlaw-2799	995	195	as	as	SCONJ
taxlaw-2799	995	196	the	the	DET
taxlaw-2799	995	197	tools	tool	NOUN
taxlaw-2799	995	198	available	available	ADJ
taxlaw-2799	995	199	under	under	ADP
taxlaw-2799	995	200	the	the	DET
taxlaw-2799	995	201	code	code	NOUN
taxlaw-2799	995	202	to	to	PART
taxlaw-2799	995	203	mitigate	mitigate	VERB
taxlaw-2799	995	204	mismatches	mismatch	NOUN
taxlaw-2799	995	205	or	or	CCONJ
taxlaw-2799	995	206	prevent	prevent	VERB
taxlaw-2799	995	207	taxpayers	taxpayer	NOUN
taxlaw-2799	995	208	from	from	ADP
taxlaw-2799	995	209	taking	take	VERB
taxlaw-2799	995	210	advantage	advantage	NOUN
taxlaw-2799	995	211	of	of	ADP
taxlaw-2799	995	212	them	they	PRON
taxlaw-2799	995	213	have	have	VERB
taxlaw-2799	995	214	limitations	limitation	NOUN
taxlaw-2799	995	215	,	,	PUNCT
taxlaw-2799	995	216	as	as	SCONJ
taxlaw-2799	995	217	described	describe	VERB
taxlaw-2799	995	218	in	in	ADP
taxlaw-2799	995	219	section	section	NOUN
taxlaw-2799	995	220	iii.a	iii.a	PROPN
taxlaw-2799	995	221	,	,	PUNCT
taxlaw-2799	995	222	below	below	ADV
taxlaw-2799	995	223	.	.	PUNCT
taxlaw-2799	996	1	and	and	CCONJ
taxlaw-2799	996	2	these	these	DET
taxlaw-2799	996	3	differences	difference	NOUN
taxlaw-2799	996	4	are	be	AUX
taxlaw-2799	996	5	in	in	ADP
taxlaw-2799	996	6	at	at	ADV
taxlaw-2799	996	7	least	least	ADJ
taxlaw-2799	996	8	some	some	PRON
taxlaw-2799	996	9	respects	respect	NOUN
taxlaw-2799	996	10	within	within	ADP
taxlaw-2799	996	11	the	the	DET
taxlaw-2799	996	12	power	power	NOUN
taxlaw-2799	996	13	of	of	ADP
taxlaw-2799	996	14	the	the	DET
taxlaw-2799	996	15	government	government	NOUN
taxlaw-2799	996	16	to	to	PART
taxlaw-2799	996	17	address	address	VERB
taxlaw-2799	996	18	,	,	PUNCT
taxlaw-2799	996	19	for	for	ADP
taxlaw-2799	996	20	example	example	NOUN
taxlaw-2799	996	21	by	by	ADP
taxlaw-2799	996	22	using	use	VERB
taxlaw-2799	996	23	its	its	PRON
taxlaw-2799	996	24	power	power	NOUN
taxlaw-2799	996	25	under	under	ADP
taxlaw-2799	996	26	§	§	PROPN
taxlaw-2799	996	27	1256(g)(7)(c	1256(g)(7)(c	NUM
taxlaw-2799	996	28	)	)	PUNCT
taxlaw-2799	996	29	to	to	PART
taxlaw-2799	996	30	designate	designate	VERB
taxlaw-2799	996	31	swap	swap	NOUN
taxlaw-2799	996	32	execution	execution	NOUN
taxlaw-2799	996	33	facilities	facility	NOUN
taxlaw-2799	996	34	as	as	ADP
taxlaw-2799	996	35	qbes	qbe	NOUN
taxlaw-2799	996	36	.	.	PUNCT
taxlaw-2799	997	1	but	but	CCONJ
taxlaw-2799	997	2	the	the	DET
taxlaw-2799	997	3	general	general	ADJ
taxlaw-2799	997	4	point	point	NOUN
taxlaw-2799	997	5	remains	remain	VERB
taxlaw-2799	997	6	that	that	SCONJ
taxlaw-2799	997	7	it	it	PRON
taxlaw-2799	997	8	is	be	AUX
taxlaw-2799	997	9	difficult	difficult	ADJ
taxlaw-2799	997	10	to	to	PART
taxlaw-2799	997	11	see	see	VERB
taxlaw-2799	997	12	how	how	SCONJ
taxlaw-2799	997	13	to	to	PART
taxlaw-2799	997	14	avoid	avoid	VERB
taxlaw-2799	997	15	an	an	DET
taxlaw-2799	997	16	arbitrary	arbitrary	ADJ
taxlaw-2799	997	17	line	line	NOUN
taxlaw-2799	997	18	-	-	PUNCT
taxlaw-2799	997	19	drawing	drawing	NOUN
taxlaw-2799	997	20	of	of	ADP
taxlaw-2799	997	21	some	some	DET
taxlaw-2799	997	22	kind	kind	NOUN
taxlaw-2799	997	23	.	.	PUNCT
taxlaw-2799	998	1	if	if	SCONJ
taxlaw-2799	998	2	that	that	PRON
taxlaw-2799	998	3	is	be	AUX
taxlaw-2799	998	4	correct	correct	ADJ
taxlaw-2799	998	5	,	,	PUNCT
taxlaw-2799	998	6	then	then	ADV
taxlaw-2799	998	7	a	a	DET
taxlaw-2799	998	8	further	further	ADJ
taxlaw-2799	998	9	consideration	consideration	NOUN
taxlaw-2799	998	10	that	that	PRON
taxlaw-2799	998	11	may	may	AUX
taxlaw-2799	998	12	affect	affect	VERB
taxlaw-2799	998	13	guidance	guidance	NOUN
taxlaw-2799	998	14	is	be	AUX
taxlaw-2799	998	15	the	the	DET
taxlaw-2799	998	16	desirability	desirability	NOUN
taxlaw-2799	998	17	of	of	ADP
taxlaw-2799	998	18	drawing	draw	VERB
taxlaw-2799	998	19	a	a	DET
taxlaw-2799	998	20	line	line	NOUN
taxlaw-2799	998	21	that	that	PRON
taxlaw-2799	998	22	is	be	AUX
taxlaw-2799	998	23	easy	easy	ADJ
taxlaw-2799	998	24	to	to	PART
taxlaw-2799	998	25	see	see	VERB
taxlaw-2799	998	26	,	,	PUNCT
taxlaw-2799	998	27	for	for	ADP
taxlaw-2799	998	28	example	example	NOUN
taxlaw-2799	998	29	by	by	ADP
taxlaw-2799	998	30	declaring	declare	VERB
taxlaw-2799	998	31	that	that	SCONJ
taxlaw-2799	998	32	any	any	DET
taxlaw-2799	998	33	financial	financial	ADJ
taxlaw-2799	998	34	instrument	instrument	NOUN
taxlaw-2799	998	35	designated	designate	VERB
taxlaw-2799	998	36	by	by	ADP
taxlaw-2799	998	37	the	the	DET
taxlaw-2799	998	38	cftc	cftc	PROPN
taxlaw-2799	998	39	as	as	ADP
taxlaw-2799	998	40	a	a	DET
taxlaw-2799	998	41	futures	future	NOUN
taxlaw-2799	998	42	contract	contract	NOUN
taxlaw-2799	998	43	constitutes	constitute	VERB
taxlaw-2799	998	44	a	a	DET
taxlaw-2799	998	45	section	section	NOUN
taxlaw-2799	998	46	1256	1256	NUM
taxlaw-2799	998	47	contract	contract	NOUN
taxlaw-2799	998	48	and	and	CCONJ
taxlaw-2799	998	49	that	that	SCONJ
taxlaw-2799	998	50	no	no	DET
taxlaw-2799	998	51	other	other	ADJ
taxlaw-2799	998	52	financial	financial	ADJ
taxlaw-2799	998	53	instruments	instrument	NOUN
taxlaw-2799	998	54	traded	trade	VERB
taxlaw-2799	998	55	on	on	ADP
taxlaw-2799	998	56	dodd	dodd	PROPN
taxlaw-2799	998	57	-	-	PUNCT
taxlaw-2799	998	58	frank	frank	ADJ
taxlaw-2799	998	59	exchanges	exchange	NOUN
taxlaw-2799	998	60	,	,	PUNCT
taxlaw-2799	998	61	other	other	ADJ
taxlaw-2799	998	62	than	than	ADP
taxlaw-2799	998	63	certain	certain	ADJ
taxlaw-2799	998	64	options	option	NOUN
taxlaw-2799	998	65	and	and	CCONJ
taxlaw-2799	998	66	dealer	dealer	NOUN
taxlaw-2799	998	67	contracts	contract	NOUN
taxlaw-2799	998	68	specified	specify	VERB
taxlaw-2799	998	69	in	in	ADP
taxlaw-2799	998	70	the	the	DET
taxlaw-2799	998	71	statute	statute	NOUN
taxlaw-2799	998	72	,	,	PUNCT
taxlaw-2799	998	73	qualify	qualify	VERB
taxlaw-2799	998	74	as	as	ADP
taxlaw-2799	998	75	such	such	ADJ
taxlaw-2799	998	76	.	.	PUNCT
taxlaw-2799	999	1	a	a	DET
taxlaw-2799	999	2	better	well	ADJ
taxlaw-2799	999	3	course	course	NOUN
taxlaw-2799	999	4	of	of	ADP
taxlaw-2799	999	5	action	action	NOUN
taxlaw-2799	999	6	would	would	AUX
taxlaw-2799	999	7	be	be	AUX
taxlaw-2799	999	8	for	for	SCONJ
taxlaw-2799	999	9	congress	congress	PROPN
taxlaw-2799	999	10	to	to	PART
taxlaw-2799	999	11	act	act	VERB
taxlaw-2799	999	12	to	to	PART
taxlaw-2799	999	13	alleviate	alleviate	VERB
taxlaw-2799	999	14	as	as	ADV
taxlaw-2799	999	15	much	much	ADJ
taxlaw-2799	999	16	of	of	ADP
taxlaw-2799	999	17	the	the	DET
taxlaw-2799	999	18	line	line	NOUN
taxlaw-2799	999	19	-	-	PUNCT
taxlaw-2799	999	20	drawing	draw	VERB
taxlaw-2799	999	21	pressure	pressure	NOUN
taxlaw-2799	999	22	as	as	ADP
taxlaw-2799	999	23	possible	possible	ADJ
taxlaw-2799	999	24	.	.	PUNCT
taxlaw-2799	1000	1	probably	probably	ADV
taxlaw-2799	1000	2	the	the	DET
taxlaw-2799	1000	3	best	good	ADJ
taxlaw-2799	1000	4	solution	solution	NOUN
taxlaw-2799	1000	5	would	would	AUX
taxlaw-2799	1000	6	be	be	AUX
taxlaw-2799	1000	7	for	for	ADP
taxlaw-2799	1000	8	a	a	DET
taxlaw-2799	1000	9	considered	consider	VERB
taxlaw-2799	1000	10	reevaluation	reevaluation	NOUN
taxlaw-2799	1000	11	of	of	ADP
taxlaw-2799	1000	12	what	what	PRON
taxlaw-2799	1000	13	the	the	DET
taxlaw-2799	1000	14	proper	proper	ADJ
taxlaw-2799	1000	15	scope	scope	NOUN
taxlaw-2799	1000	16	of	of	ADP
taxlaw-2799	1000	17	§	§	PROPN
taxlaw-2799	1000	18	1256	1256	NUM
taxlaw-2799	1000	19	should	should	AUX
taxlaw-2799	1000	20	be	be	AUX
taxlaw-2799	1000	21	,	,	PUNCT
taxlaw-2799	1000	22	as	as	SCONJ
taxlaw-2799	1000	23	that	that	DET
taxlaw-2799	1000	24	question	question	NOUN
taxlaw-2799	1000	25	is	be	AUX
taxlaw-2799	1000	26	properly	properly	ADV
taxlaw-2799	1000	27	for	for	ADP
taxlaw-2799	1000	28	congress	congress	PROPN
taxlaw-2799	1000	29	in	in	ADP
taxlaw-2799	1000	30	the	the	DET
taxlaw-2799	1000	31	first	first	ADJ
taxlaw-2799	1000	32	instance	instance	NOUN
taxlaw-2799	1000	33	rather	rather	ADV
taxlaw-2799	1000	34	than	than	ADP
taxlaw-2799	1000	35	for	for	ADP
taxlaw-2799	1000	36	treasury	treasury	NOUN
taxlaw-2799	1000	37	and	and	CCONJ
taxlaw-2799	1000	38	the	the	DET
taxlaw-2799	1000	39	service	service	NOUN
taxlaw-2799	1000	40	.	.	PUNCT
taxlaw-2799	1001	1	alternatively	alternatively	ADV
taxlaw-2799	1001	2	,	,	PUNCT
taxlaw-2799	1001	3	pending	pende	VERB
taxlaw-2799	1001	4	a	a	DET
taxlaw-2799	1001	5	true	true	ADJ
taxlaw-2799	1001	6	overhaul	overhaul	NOUN
taxlaw-2799	1001	7	of	of	ADP
taxlaw-2799	1001	8	§	§	PROPN
taxlaw-2799	1001	9	1256	1256	NUM
taxlaw-2799	1001	10	,	,	PUNCT
taxlaw-2799	1001	11	legislative	legislative	ADJ
taxlaw-2799	1001	12	amendments	amendment	NOUN
taxlaw-2799	1001	13	could	could	AUX
taxlaw-2799	1001	14	(	(	PUNCT
taxlaw-2799	1001	15	a	a	X
taxlaw-2799	1001	16	)	)	PUNCT
taxlaw-2799	1001	17	revise	revise	NOUN
taxlaw-2799	1001	18	§	§	NOUN
taxlaw-2799	1001	19	475	475	NUM
taxlaw-2799	1001	20	so	so	SCONJ
taxlaw-2799	1001	21	that	that	SCONJ
taxlaw-2799	1001	22	current	current	ADJ
taxlaw-2799	1001	23	rule	rule	NOUN
taxlaw-2799	1001	24	to	to	ADP
taxlaw-2799	1001	25	the	the	DET
taxlaw-2799	1001	26	general	general	ADJ
taxlaw-2799	1001	27	effect	effect	NOUN
taxlaw-2799	1001	28	that	that	SCONJ
taxlaw-2799	1001	29	a	a	DET
taxlaw-2799	1001	30	contract	contract	NOUN
taxlaw-2799	1001	31	that	that	PRON
taxlaw-2799	1001	32	can	can	AUX
taxlaw-2799	1001	33	be	be	AUX
taxlaw-2799	1001	34	both	both	CCONJ
taxlaw-2799	1001	35	a	a	DET
taxlaw-2799	1001	36	section	section	NOUN
taxlaw-2799	1001	37	1256	1256	NUM
taxlaw-2799	1001	38	contract	contract	NOUN
taxlaw-2799	1001	39	and	and	CCONJ
taxlaw-2799	1001	40	a	a	DET
taxlaw-2799	1001	41	§	§	PROPN
taxlaw-2799	1001	42	475	475	NUM
taxlaw-2799	1001	43	“	"	PUNCT
taxlaw-2799	1001	44	security	security	NOUN
taxlaw-2799	1001	45	”	"	PUNCT
taxlaw-2799	1001	46	is	be	AUX
taxlaw-2799	1001	47	subject	subject	ADJ
taxlaw-2799	1001	48	to	to	ADP
taxlaw-2799	1001	49	§	§	PROPN
taxlaw-2799	1001	50	1256	1256	NUM
taxlaw-2799	1001	51	and	and	CCONJ
taxlaw-2799	1001	52	not	not	PART
taxlaw-2799	1001	53	§	§	PROPN
taxlaw-2799	1001	54	475	475	NUM
taxlaw-2799	1001	55	is	be	AUX
taxlaw-2799	1001	56	made	make	VERB
taxlaw-2799	1001	57	elective,88	elective,88	NOUN
taxlaw-2799	1001	58	(	(	PUNCT
taxlaw-2799	1001	59	b	b	X
taxlaw-2799	1001	60	)	)	PUNCT
taxlaw-2799	1001	61	revise	revise	NOUN
taxlaw-2799	1001	62	§	§	PROPN
taxlaw-2799	1001	63	1256(d	1256(d	NOUN
taxlaw-2799	1001	64	)	)	PUNCT
taxlaw-2799	1001	65	or	or	CCONJ
taxlaw-2799	1001	66	(	(	PUNCT
taxlaw-2799	1001	67	e	e	NOUN
taxlaw-2799	1001	68	)	)	PUNCT
taxlaw-2799	1001	69	to	to	PART
taxlaw-2799	1001	70	permit	permit	VERB
taxlaw-2799	1001	71	taxpayers	taxpayer	NOUN
taxlaw-2799	1001	72	to	to	PART
taxlaw-2799	1001	73	elect	elect	VERB
taxlaw-2799	1001	74	out	out	ADP
taxlaw-2799	1001	75	of	of	ADP
taxlaw-2799	1001	76	§	§	PROPN
taxlaw-2799	1001	77	1256	1256	NUM
taxlaw-2799	1001	78	treatment	treatment	NOUN
taxlaw-2799	1001	79	for	for	ADP
taxlaw-2799	1001	80	hedges	hedge	NOUN
taxlaw-2799	1001	81	of	of	ADP
taxlaw-2799	1001	82	a	a	DET
taxlaw-2799	1001	83	capital	capital	NOUN
taxlaw-2799	1001	84	asset	asset	NOUN
taxlaw-2799	1001	85	other	other	ADJ
taxlaw-2799	1001	86	than	than	ADP
taxlaw-2799	1001	87	a	a	DET
taxlaw-2799	1001	88	87	87	NUM
taxlaw-2799	1001	89	another	another	DET
taxlaw-2799	1001	90	possibility	possibility	NOUN
taxlaw-2799	1001	91	is	be	AUX
taxlaw-2799	1001	92	that	that	SCONJ
taxlaw-2799	1001	93	swaps	swap	NOUN
taxlaw-2799	1001	94	cleared	clear	VERB
taxlaw-2799	1001	95	or	or	CCONJ
taxlaw-2799	1001	96	traded	trade	VERB
taxlaw-2799	1001	97	by	by	ADP
taxlaw-2799	1001	98	u.s	u.s	PROPN
taxlaw-2799	1001	99	.	.	PROPN
taxlaw-2799	1001	100	taxpayers	taxpayer	NOUN
taxlaw-2799	1001	101	or	or	CCONJ
taxlaw-2799	1001	102	controlled	control	VERB
taxlaw-2799	1001	103	foreign	foreign	ADJ
taxlaw-2799	1001	104	corporations	corporation	NOUN
taxlaw-2799	1001	105	on	on	ADP
taxlaw-2799	1001	106	non	non	ADJ
taxlaw-2799	1001	107	-	-	ADJ
taxlaw-2799	1001	108	u.s	u.s	ADJ
taxlaw-2799	1001	109	.	.	PROPN
taxlaw-2799	1001	110	clearinghouses	clearinghouse	NOUN
taxlaw-2799	1001	111	and	and	CCONJ
taxlaw-2799	1001	112	exchanges	exchange	NOUN
taxlaw-2799	1001	113	may	may	AUX
taxlaw-2799	1001	114	be	be	AUX
taxlaw-2799	1001	115	subject	subject	ADJ
taxlaw-2799	1001	116	to	to	ADP
taxlaw-2799	1001	117	different	different	ADJ
taxlaw-2799	1001	118	rules	rule	NOUN
taxlaw-2799	1001	119	than	than	ADP
taxlaw-2799	1001	120	those	those	PRON
taxlaw-2799	1001	121	cleared	clear	VERB
taxlaw-2799	1001	122	or	or	CCONJ
taxlaw-2799	1001	123	traded	trade	VERB
taxlaw-2799	1001	124	in	in	ADP
taxlaw-2799	1001	125	the	the	DET
taxlaw-2799	1001	126	united	united	PROPN
taxlaw-2799	1001	127	states	states	PROPN
taxlaw-2799	1001	128	.	.	PUNCT
taxlaw-2799	1002	1	issues	issue	NOUN
taxlaw-2799	1002	2	relating	relate	VERB
taxlaw-2799	1002	3	to	to	ADP
taxlaw-2799	1002	4	non	non	ADJ
taxlaw-2799	1002	5	-	-	ADJ
taxlaw-2799	1002	6	u.s	u.s	ADJ
taxlaw-2799	1002	7	.	.	PROPN
taxlaw-2799	1002	8	clearing	clearing	NOUN
taxlaw-2799	1002	9	and	and	CCONJ
taxlaw-2799	1002	10	trading	trading	NOUN
taxlaw-2799	1002	11	call	call	NOUN
taxlaw-2799	1002	12	deserve	deserve	VERB
taxlaw-2799	1002	13	further	further	ADJ
taxlaw-2799	1002	14	consideration	consideration	NOUN
taxlaw-2799	1002	15	,	,	PUNCT
taxlaw-2799	1002	16	but	but	CCONJ
taxlaw-2799	1002	17	will	will	AUX
taxlaw-2799	1002	18	not	not	PART
taxlaw-2799	1002	19	be	be	AUX
taxlaw-2799	1002	20	addressed	address	VERB
taxlaw-2799	1002	21	in	in	ADP
taxlaw-2799	1002	22	this	this	DET
taxlaw-2799	1002	23	article	article	NOUN
taxlaw-2799	1002	24	.	.	PUNCT
taxlaw-2799	1003	1	88	88	NUM
taxlaw-2799	1003	2	assuming	assume	VERB
taxlaw-2799	1003	3	that	that	SCONJ
taxlaw-2799	1003	4	the	the	DET
taxlaw-2799	1003	5	amendment	amendment	NOUN
taxlaw-2799	1003	6	had	have	VERB
taxlaw-2799	1003	7	the	the	DET
taxlaw-2799	1003	8	effect	effect	NOUN
taxlaw-2799	1003	9	of	of	ADP
taxlaw-2799	1003	10	overriding	override	VERB
taxlaw-2799	1003	11	the	the	DET
taxlaw-2799	1003	12	character	character	NOUN
taxlaw-2799	1003	13	rules	rule	NOUN
taxlaw-2799	1003	14	of	of	ADP
taxlaw-2799	1003	15	§	§	PROPN
taxlaw-2799	1003	16	1256	1256	NUM
taxlaw-2799	1003	17	,	,	PUNCT
taxlaw-2799	1003	18	an	an	DET
taxlaw-2799	1003	19	amendment	amendment	NOUN
taxlaw-2799	1003	20	of	of	ADP
taxlaw-2799	1003	21	this	this	DET
taxlaw-2799	1003	22	kind	kind	NOUN
taxlaw-2799	1003	23	would	would	AUX
taxlaw-2799	1003	24	address	address	VERB
taxlaw-2799	1003	25	the	the	DET
taxlaw-2799	1003	26	character	character	NOUN
taxlaw-2799	1003	27	whipsaw	whipsaw	NOUN
taxlaw-2799	1003	28	issues	issue	NOUN
taxlaw-2799	1003	29	faced	face	VERB
taxlaw-2799	1003	30	by	by	ADP
taxlaw-2799	1003	31	§	§	PROPN
taxlaw-2799	1003	32	475	475	NUM
taxlaw-2799	1003	33	dealers	dealer	NOUN
taxlaw-2799	1003	34	in	in	ADP
taxlaw-2799	1003	35	securities	security	NOUN
taxlaw-2799	1003	36	and	and	CCONJ
taxlaw-2799	1003	37	traders	trader	NOUN
taxlaw-2799	1003	38	who	who	PRON
taxlaw-2799	1003	39	elect	elect	VERB
taxlaw-2799	1003	40	§	§	PROPN
taxlaw-2799	1003	41	475	475	NUM
taxlaw-2799	1003	42	treatment	treatment	NOUN
taxlaw-2799	1003	43	,	,	PUNCT
taxlaw-2799	1003	44	but	but	CCONJ
taxlaw-2799	1003	45	would	would	AUX
taxlaw-2799	1003	46	not	not	PART
taxlaw-2799	1003	47	alleviate	alleviate	VERB
taxlaw-2799	1003	48	the	the	DET
taxlaw-2799	1003	49	timing	timing	NOUN
taxlaw-2799	1003	50	problems	problem	NOUN
taxlaw-2799	1003	51	that	that	SCONJ
taxlaw-2799	1003	52	§	§	PROPN
taxlaw-2799	1003	53	1256	1256	NUM
taxlaw-2799	1003	54	treatment	treatment	NOUN
taxlaw-2799	1003	55	would	would	AUX
taxlaw-2799	1003	56	give	give	VERB
taxlaw-2799	1003	57	rise	rise	NOUN
taxlaw-2799	1003	58	to	to	ADP
taxlaw-2799	1003	59	for	for	ADP
taxlaw-2799	1003	60	other	other	ADJ
taxlaw-2799	1003	61	taxpayers	taxpayer	NOUN
taxlaw-2799	1003	62	.	.	PUNCT
taxlaw-2799	1004	1	50	50	NUM
taxlaw-2799	1004	2	columbia	columbia	PROPN
taxlaw-2799	1004	3	jour	jour	PROPN
taxlaw-2799	1004	4	al	al	PROPN
taxlaw-2799	1004	5	of	of	ADP
taxlaw-2799	1004	6	tax	tax	NOUN
taxlaw-2799	1004	7	law	law	NOUN
taxlaw-2799	1004	8	[	[	X
taxlaw-2799	1004	9	vol	vol	NOUN
taxlaw-2799	1004	10	.	.	PUNCT
taxlaw-2799	1004	11	2:1	2:1	NUM
taxlaw-2799	1005	1	“	"	PUNCT
taxlaw-2799	1005	2	traditional	traditional	ADJ
taxlaw-2799	1005	3	”	"	PUNCT
taxlaw-2799	1005	4	section	section	NOUN
taxlaw-2799	1005	5	1256	1256	NUM
taxlaw-2799	1005	6	contract,89	contract,89	NOUN
taxlaw-2799	1005	7	or	or	CCONJ
taxlaw-2799	1005	8	some	some	DET
taxlaw-2799	1005	9	combination	combination	NOUN
taxlaw-2799	1005	10	of	of	ADP
taxlaw-2799	1005	11	the	the	DET
taxlaw-2799	1005	12	above.90	above.90	ADJ
taxlaw-2799	1005	13	legislation	legislation	NOUN
taxlaw-2799	1005	14	could	could	AUX
taxlaw-2799	1005	15	address	address	VERB
taxlaw-2799	1005	16	swap	swap	NOUN
taxlaw-2799	1005	17	execution	execution	NOUN
taxlaw-2799	1005	18	facilities	facility	NOUN
taxlaw-2799	1005	19	,	,	PUNCT
taxlaw-2799	1005	20	so	so	SCONJ
taxlaw-2799	1005	21	that	that	SCONJ
taxlaw-2799	1005	22	there	there	PRON
taxlaw-2799	1005	23	is	be	VERB
taxlaw-2799	1005	24	no	no	DET
taxlaw-2799	1005	25	tax	tax	NOUN
taxlaw-2799	1005	26	(	(	PUNCT
taxlaw-2799	1005	27	dis)advantage	dis)advantage	NOUN
taxlaw-2799	1005	28	to	to	ADP
taxlaw-2799	1005	29	trading	trade	VERB
taxlaw-2799	1005	30	on	on	ADP
taxlaw-2799	1005	31	such	such	DET
taxlaw-2799	1005	32	a	a	DET
taxlaw-2799	1005	33	facility	facility	NOUN
taxlaw-2799	1005	34	compared	compare	VERB
taxlaw-2799	1005	35	to	to	ADP
taxlaw-2799	1005	36	a	a	DET
taxlaw-2799	1005	37	cftc	cftc	PROPN
taxlaw-2799	1005	38	designated	designate	VERB
taxlaw-2799	1005	39	contract	contract	NOUN
taxlaw-2799	1005	40	market	market	NOUN
taxlaw-2799	1005	41	or	or	CCONJ
taxlaw-2799	1005	42	a	a	DET
taxlaw-2799	1005	43	sec	sec	PROPN
taxlaw-2799	1005	44	-	-	PUNCT
taxlaw-2799	1005	45	regulated	regulate	VERB
taxlaw-2799	1005	46	national	national	ADJ
taxlaw-2799	1005	47	securities	security	NOUN
taxlaw-2799	1005	48	exchange.91	exchange.91	PROPN
taxlaw-2799	1005	49	consideration	consideration	NOUN
taxlaw-2799	1005	50	could	could	AUX
taxlaw-2799	1005	51	also	also	ADV
taxlaw-2799	1005	52	be	be	AUX
taxlaw-2799	1005	53	given	give	VERB
taxlaw-2799	1005	54	to	to	ADP
taxlaw-2799	1005	55	modifying	modify	VERB
taxlaw-2799	1005	56	the	the	DET
taxlaw-2799	1005	57	rules	rule	NOUN
taxlaw-2799	1005	58	of	of	ADP
taxlaw-2799	1005	59	§	§	PROPN
taxlaw-2799	1005	60	1256	1256	NUM
taxlaw-2799	1005	61	that	that	PRON
taxlaw-2799	1005	62	limit	limit	VERB
taxlaw-2799	1005	63	the	the	DET
taxlaw-2799	1005	64	ability	ability	NOUN
taxlaw-2799	1005	65	to	to	PART
taxlaw-2799	1005	66	pass	pass	VERB
taxlaw-2799	1005	67	long	long	ADJ
taxlaw-2799	1005	68	-	-	PUNCT
taxlaw-2799	1005	69	term	term	NOUN
taxlaw-2799	1005	70	capital	capital	NOUN
taxlaw-2799	1005	71	gain	gain	VERB
taxlaw-2799	1005	72	treatment	treatment	NOUN
taxlaw-2799	1005	73	through	through	ADP
taxlaw-2799	1005	74	to	to	ADP
taxlaw-2799	1005	75	limited	limited	ADJ
taxlaw-2799	1005	76	partners	partner	NOUN
taxlaw-2799	1005	77	of	of	ADP
taxlaw-2799	1005	78	dealers	dealer	NOUN
taxlaw-2799	1005	79	organized	organize	VERB
taxlaw-2799	1005	80	as	as	ADP
taxlaw-2799	1005	81	partnerships	partnership	NOUN
taxlaw-2799	1005	82	(	(	PUNCT
taxlaw-2799	1005	83	§	§	PROPN
taxlaw-2799	1005	84	1256(f)(4	1256(f)(4	NUM
taxlaw-2799	1005	85	)	)	PUNCT
taxlaw-2799	1005	86	)	)	PUNCT
taxlaw-2799	1005	87	,	,	PUNCT
taxlaw-2799	1005	88	as	as	SCONJ
taxlaw-2799	1005	89	those	those	DET
taxlaw-2799	1005	90	rules	rule	NOUN
taxlaw-2799	1005	91	now	now	ADV
taxlaw-2799	1005	92	apply	apply	VERB
taxlaw-2799	1005	93	only	only	ADV
taxlaw-2799	1005	94	to	to	PART
taxlaw-2799	1005	95	dealer	dealer	NOUN
taxlaw-2799	1005	96	equity	equity	NOUN
taxlaw-2799	1005	97	options	option	NOUN
taxlaw-2799	1005	98	and	and	CCONJ
taxlaw-2799	1005	99	dealer	dealer	NOUN
taxlaw-2799	1005	100	securities	security	NOUN
taxlaw-2799	1005	101	futures	future	NOUN
taxlaw-2799	1005	102	contracts	contract	NOUN
taxlaw-2799	1005	103	.	.	PUNCT
taxlaw-2799	1006	1	section	section	NOUN
taxlaw-2799	1006	2	iii.c	iii.c	PROPN
taxlaw-2799	1006	3	,	,	PUNCT
taxlaw-2799	1006	4	below	below	ADV
taxlaw-2799	1006	5	,	,	PUNCT
taxlaw-2799	1006	6	lists	list	NOUN
taxlaw-2799	1006	7	and	and	CCONJ
taxlaw-2799	1006	8	evaluates	evaluate	VERB
taxlaw-2799	1006	9	a	a	DET
taxlaw-2799	1006	10	number	number	NOUN
taxlaw-2799	1006	11	of	of	ADP
taxlaw-2799	1006	12	different	different	ADJ
taxlaw-2799	1006	13	interpretations	interpretation	NOUN
taxlaw-2799	1006	14	of	of	ADP
taxlaw-2799	1006	15	the	the	DET
taxlaw-2799	1006	16	scope	scope	NOUN
taxlaw-2799	1006	17	of	of	ADP
taxlaw-2799	1006	18	the	the	DET
taxlaw-2799	1006	19	amendment	amendment	NOUN
taxlaw-2799	1006	20	,	,	PUNCT
taxlaw-2799	1006	21	from	from	ADP
taxlaw-2799	1006	22	narrow	narrow	ADJ
taxlaw-2799	1006	23	to	to	ADP
taxlaw-2799	1006	24	broad	broad	ADJ
taxlaw-2799	1006	25	,	,	PUNCT
taxlaw-2799	1006	26	and	and	CCONJ
taxlaw-2799	1006	27	concludes	conclude	VERB
taxlaw-2799	1006	28	that	that	SCONJ
taxlaw-2799	1006	29	the	the	DET
taxlaw-2799	1006	30	most	most	ADV
taxlaw-2799	1006	31	plausible	plausible	ADJ
taxlaw-2799	1006	32	interpretations	interpretation	NOUN
taxlaw-2799	1006	33	of	of	ADP
taxlaw-2799	1006	34	the	the	DET
taxlaw-2799	1006	35	amendment	amendment	NOUN
taxlaw-2799	1006	36	are	be	AUX
taxlaw-2799	1006	37	that	that	SCONJ
taxlaw-2799	1006	38	it	it	PRON
taxlaw-2799	1006	39	covers	cover	VERB
taxlaw-2799	1006	40	either	either	CCONJ
taxlaw-2799	1006	41	(	(	PUNCT
taxlaw-2799	1006	42	i	i	NOUN
taxlaw-2799	1006	43	)	)	PUNCT
taxlaw-2799	1006	44	npcs	npc	NOUN
taxlaw-2799	1006	45	and	and	CCONJ
taxlaw-2799	1006	46	cdss	cdss	NOUN
taxlaw-2799	1006	47	,	,	PUNCT
taxlaw-2799	1006	48	but	but	CCONJ
taxlaw-2799	1006	49	not	not	PART
taxlaw-2799	1006	50	other	other	ADJ
taxlaw-2799	1006	51	derivatives	derivative	NOUN
taxlaw-2799	1006	52	,	,	PUNCT
taxlaw-2799	1006	53	or	or	CCONJ
taxlaw-2799	1006	54	(	(	PUNCT
taxlaw-2799	1006	55	ii	ii	NOUN
taxlaw-2799	1006	56	)	)	PUNCT
taxlaw-2799	1006	57	npcs	npc	NOUN
taxlaw-2799	1006	58	,	,	PUNCT
taxlaw-2799	1006	59	cdss	cdss	NOUN
taxlaw-2799	1006	60	,	,	PUNCT
taxlaw-2799	1006	61	and	and	CCONJ
taxlaw-2799	1006	62	derivatives	derivative	NOUN
taxlaw-2799	1006	63	so	so	ADV
taxlaw-2799	1006	64	closely	closely	ADV
taxlaw-2799	1006	65	connected	connect	VERB
taxlaw-2799	1006	66	to	to	ADP
taxlaw-2799	1006	67	those	those	DET
taxlaw-2799	1006	68	instruments	instrument	NOUN
taxlaw-2799	1006	69	that	that	SCONJ
taxlaw-2799	1006	70	they	they	PRON
taxlaw-2799	1006	71	should	should	AUX
taxlaw-2799	1006	72	be	be	AUX
taxlaw-2799	1006	73	subject	subject	ADJ
taxlaw-2799	1006	74	to	to	ADP
taxlaw-2799	1006	75	the	the	DET
taxlaw-2799	1006	76	same	same	ADJ
taxlaw-2799	1006	77	tax	tax	NOUN
taxlaw-2799	1006	78	rules	rule	NOUN
taxlaw-2799	1006	79	.	.	PUNCT
taxlaw-2799	1007	1	it	it	PRON
taxlaw-2799	1007	2	also	also	ADV
taxlaw-2799	1007	3	argues	argue	VERB
taxlaw-2799	1007	4	that	that	SCONJ
taxlaw-2799	1007	5	derivatives	derivative	NOUN
taxlaw-2799	1007	6	outside	outside	ADP
taxlaw-2799	1007	7	the	the	DET
taxlaw-2799	1007	8	scope	scope	NOUN
taxlaw-2799	1007	9	of	of	ADP
taxlaw-2799	1007	10	the	the	DET
taxlaw-2799	1007	11	amendment	amendment	NOUN
taxlaw-2799	1007	12	should	should	AUX
taxlaw-2799	1007	13	be	be	AUX
taxlaw-2799	1007	14	treated	treat	VERB
taxlaw-2799	1007	15	as	as	ADP
taxlaw-2799	1007	16	section	section	NOUN
taxlaw-2799	1007	17	1256	1256	NUM
taxlaw-2799	1007	18	contracts	contract	NOUN
taxlaw-2799	1007	19	only	only	ADV
taxlaw-2799	1007	20	if	if	SCONJ
taxlaw-2799	1007	21	they	they	PRON
taxlaw-2799	1007	22	are	be	AUX
taxlaw-2799	1007	23	clearly	clearly	ADV
taxlaw-2799	1007	24	instruments	instrument	NOUN
taxlaw-2799	1007	25	of	of	ADP
taxlaw-2799	1007	26	a	a	DET
taxlaw-2799	1007	27	kind	kind	NOUN
taxlaw-2799	1007	28	that	that	PRON
taxlaw-2799	1007	29	congress	congress	PROPN
taxlaw-2799	1007	30	intended	intend	VERB
taxlaw-2799	1007	31	to	to	PART
taxlaw-2799	1007	32	be	be	AUX
taxlaw-2799	1007	33	subject	subject	ADJ
taxlaw-2799	1007	34	to	to	ADP
taxlaw-2799	1007	35	§	§	PROPN
taxlaw-2799	1007	36	1256	1256	NUM
taxlaw-2799	1007	37	,	,	PUNCT
taxlaw-2799	1007	38	and	and	CCONJ
taxlaw-2799	1007	39	possibly	possibly	ADV
taxlaw-2799	1007	40	derivatives	derivative	VERB
taxlaw-2799	1007	41	so	so	ADV
taxlaw-2799	1007	42	closely	closely	ADV
taxlaw-2799	1007	43	connected	connect	VERB
taxlaw-2799	1007	44	to	to	ADP
taxlaw-2799	1007	45	those	those	DET
taxlaw-2799	1007	46	instruments	instrument	NOUN
taxlaw-2799	1007	47	that	that	SCONJ
taxlaw-2799	1007	48	they	they	PRON
taxlaw-2799	1007	49	should	should	AUX
taxlaw-2799	1007	50	be	be	AUX
taxlaw-2799	1007	51	subject	subject	ADJ
taxlaw-2799	1007	52	to	to	ADP
taxlaw-2799	1007	53	the	the	DET
taxlaw-2799	1007	54	same	same	ADJ
taxlaw-2799	1007	55	tax	tax	NOUN
taxlaw-2799	1007	56	rules	rule	NOUN
taxlaw-2799	1007	57	.	.	PUNCT
taxlaw-2799	1008	1	those	those	DET
taxlaw-2799	1008	2	conclusions	conclusion	NOUN
taxlaw-2799	1008	3	are	be	AUX
taxlaw-2799	1008	4	informed	inform	VERB
taxlaw-2799	1008	5	by	by	ADP
taxlaw-2799	1008	6	reflection	reflection	NOUN
taxlaw-2799	1008	7	on	on	ADP
taxlaw-2799	1008	8	the	the	DET
taxlaw-2799	1008	9	consequences	consequence	NOUN
taxlaw-2799	1008	10	of	of	ADP
taxlaw-2799	1008	11	drawing	draw	VERB
taxlaw-2799	1008	12	the	the	DET
taxlaw-2799	1008	13	line	line	NOUN
taxlaw-2799	1008	14	in	in	ADP
taxlaw-2799	1008	15	various	various	ADJ
taxlaw-2799	1008	16	possible	possible	ADJ
taxlaw-2799	1008	17	places	place	NOUN
taxlaw-2799	1008	18	,	,	PUNCT
taxlaw-2799	1008	19	and	and	CCONJ
taxlaw-2799	1008	20	by	by	ADP
taxlaw-2799	1008	21	the	the	DET
taxlaw-2799	1008	22	history	history	NOUN
taxlaw-2799	1008	23	of	of	ADP
taxlaw-2799	1008	24	§	§	PROPN
taxlaw-2799	1008	25	1256	1256	NUM
taxlaw-2799	1008	26	.	.	PUNCT
taxlaw-2799	1009	1	before	before	ADP
taxlaw-2799	1009	2	turning	turn	VERB
taxlaw-2799	1009	3	to	to	ADP
taxlaw-2799	1009	4	a	a	DET
taxlaw-2799	1009	5	detailed	detailed	ADJ
taxlaw-2799	1009	6	discussion	discussion	NOUN
taxlaw-2799	1009	7	of	of	ADP
taxlaw-2799	1009	8	the	the	DET
taxlaw-2799	1009	9	amendment	amendment	NOUN
taxlaw-2799	1009	10	,	,	PUNCT
taxlaw-2799	1009	11	therefore	therefore	ADV
taxlaw-2799	1009	12	,	,	PUNCT
taxlaw-2799	1009	13	sections	section	NOUN
taxlaw-2799	1009	14	iii.a	iii.a	PROPN
taxlaw-2799	1009	15	and	and	CCONJ
taxlaw-2799	1009	16	iii.b	iii.b	PRON
taxlaw-2799	1009	17	explore	explore	VERB
taxlaw-2799	1009	18	those	those	DET
taxlaw-2799	1009	19	considerations	consideration	NOUN
taxlaw-2799	1009	20	.	.	PUNCT
taxlaw-2799	1010	1	89	89	NUM
taxlaw-2799	1010	2	an	an	DET
taxlaw-2799	1010	3	amendment	amendment	NOUN
taxlaw-2799	1010	4	of	of	ADP
taxlaw-2799	1010	5	this	this	DET
taxlaw-2799	1010	6	kind	kind	NOUN
taxlaw-2799	1010	7	would	would	AUX
taxlaw-2799	1010	8	have	have	VERB
taxlaw-2799	1010	9	to	to	PART
taxlaw-2799	1010	10	be	be	AUX
taxlaw-2799	1010	11	evaluated	evaluate	VERB
taxlaw-2799	1010	12	to	to	PART
taxlaw-2799	1010	13	make	make	VERB
taxlaw-2799	1010	14	sure	sure	ADJ
taxlaw-2799	1010	15	that	that	SCONJ
taxlaw-2799	1010	16	it	it	PRON
taxlaw-2799	1010	17	does	do	AUX
taxlaw-2799	1010	18	not	not	PART
taxlaw-2799	1010	19	open	open	VERB
taxlaw-2799	1010	20	the	the	DET
taxlaw-2799	1010	21	door	door	NOUN
taxlaw-2799	1010	22	to	to	ADP
taxlaw-2799	1010	23	some	some	PRON
taxlaw-2799	1010	24	of	of	ADP
taxlaw-2799	1010	25	the	the	DET
taxlaw-2799	1010	26	problems	problem	NOUN
taxlaw-2799	1010	27	that	that	PRON
taxlaw-2799	1010	28	§	§	PROPN
taxlaw-2799	1010	29	1256	1256	NUM
taxlaw-2799	1010	30	was	be	AUX
taxlaw-2799	1010	31	enacted	enact	VERB
taxlaw-2799	1010	32	to	to	PART
taxlaw-2799	1010	33	prevent	prevent	VERB
taxlaw-2799	1010	34	.	.	PUNCT
taxlaw-2799	1011	1	one	one	NUM
taxlaw-2799	1011	2	possible	possible	ADJ
taxlaw-2799	1011	3	approach	approach	NOUN
taxlaw-2799	1011	4	might	might	AUX
taxlaw-2799	1011	5	be	be	AUX
taxlaw-2799	1011	6	to	to	PART
taxlaw-2799	1011	7	limit	limit	VERB
taxlaw-2799	1011	8	the	the	DET
taxlaw-2799	1011	9	election	election	NOUN
taxlaw-2799	1011	10	to	to	ADP
taxlaw-2799	1011	11	hedges	hedge	NOUN
taxlaw-2799	1011	12	of	of	ADP
taxlaw-2799	1011	13	assets	asset	NOUN
taxlaw-2799	1011	14	that	that	PRON
taxlaw-2799	1011	15	constitute	constitute	VERB
taxlaw-2799	1011	16	“	"	PUNCT
taxlaw-2799	1011	17	actively	actively	ADV
taxlaw-2799	1011	18	traded	trade	VERB
taxlaw-2799	1011	19	personal	personal	ADJ
taxlaw-2799	1011	20	property	property	NOUN
taxlaw-2799	1011	21	”	"	PUNCT
taxlaw-2799	1011	22	within	within	ADP
taxlaw-2799	1011	23	the	the	DET
taxlaw-2799	1011	24	meaning	meaning	NOUN
taxlaw-2799	1011	25	of	of	ADP
taxlaw-2799	1011	26	§	§	PROPN
taxlaw-2799	1011	27	1092	1092	NUM
taxlaw-2799	1011	28	,	,	PUNCT
taxlaw-2799	1011	29	so	so	SCONJ
taxlaw-2799	1011	30	that	that	SCONJ
taxlaw-2799	1011	31	the	the	DET
taxlaw-2799	1011	32	straddle	straddle	NOUN
taxlaw-2799	1011	33	rules	rule	NOUN
taxlaw-2799	1011	34	would	would	AUX
taxlaw-2799	1011	35	operate	operate	VERB
taxlaw-2799	1011	36	to	to	PART
taxlaw-2799	1011	37	prevent	prevent	VERB
taxlaw-2799	1011	38	acceleration	acceleration	NOUN
taxlaw-2799	1011	39	of	of	ADP
taxlaw-2799	1011	40	losses	loss	NOUN
taxlaw-2799	1011	41	and	and	CCONJ
taxlaw-2799	1011	42	conversion	conversion	NOUN
taxlaw-2799	1011	43	of	of	ADP
taxlaw-2799	1011	44	character	character	NOUN
taxlaw-2799	1011	45	.	.	PUNCT
taxlaw-2799	1012	1	it	it	PRON
taxlaw-2799	1012	2	may	may	AUX
taxlaw-2799	1012	3	also	also	ADV
taxlaw-2799	1012	4	be	be	AUX
taxlaw-2799	1012	5	useful	useful	ADJ
taxlaw-2799	1012	6	to	to	PART
taxlaw-2799	1012	7	clarify	clarify	VERB
taxlaw-2799	1012	8	that	that	SCONJ
taxlaw-2799	1012	9	hedging	hedging	NOUN
taxlaw-2799	1012	10	credit	credit	NOUN
taxlaw-2799	1012	11	risk	risk	NOUN
taxlaw-2799	1012	12	comes	come	VERB
taxlaw-2799	1012	13	within	within	ADP
taxlaw-2799	1012	14	the	the	DET
taxlaw-2799	1012	15	ambit	ambit	NOUN
taxlaw-2799	1012	16	of	of	ADP
taxlaw-2799	1012	17	a	a	DET
taxlaw-2799	1012	18	hedging	hedging	NOUN
taxlaw-2799	1012	19	transaction	transaction	NOUN
taxlaw-2799	1012	20	within	within	ADP
taxlaw-2799	1012	21	the	the	DET
taxlaw-2799	1012	22	meaning	meaning	NOUN
taxlaw-2799	1012	23	of	of	ADP
taxlaw-2799	1012	24	§	§	PROPN
taxlaw-2799	1012	25	1221	1221	NUM
taxlaw-2799	1012	26	or	or	CCONJ
taxlaw-2799	1012	27	any	any	DET
taxlaw-2799	1012	28	capital	capital	NOUN
taxlaw-2799	1012	29	asset	asset	NOUN
taxlaw-2799	1012	30	hedge	hedge	NOUN
taxlaw-2799	1012	31	,	,	PUNCT
taxlaw-2799	1012	32	as	as	SCONJ
taxlaw-2799	1012	33	the	the	DET
taxlaw-2799	1012	34	term	term	NOUN
taxlaw-2799	1012	35	“	"	PUNCT
taxlaw-2799	1012	36	hedging	hedging	NOUN
taxlaw-2799	1012	37	transaction	transaction	NOUN
taxlaw-2799	1012	38	”	"	PUNCT
taxlaw-2799	1012	39	for	for	ADP
taxlaw-2799	1012	40	an	an	DET
taxlaw-2799	1012	41	asset	asset	NOUN
taxlaw-2799	1012	42	hedge	hedge	NOUN
taxlaw-2799	1012	43	is	be	AUX
taxlaw-2799	1012	44	generally	generally	ADV
taxlaw-2799	1012	45	defined	define	VERB
taxlaw-2799	1012	46	under	under	ADP
taxlaw-2799	1012	47	§	§	PROPN
taxlaw-2799	1012	48	1221(b)(2)(a)(i	1221(b)(2)(a)(i	NUM
taxlaw-2799	1012	49	)	)	PUNCT
taxlaw-2799	1012	50	as	as	ADP
taxlaw-2799	1012	51	a	a	DET
taxlaw-2799	1012	52	transaction	transaction	NOUN
taxlaw-2799	1012	53	that	that	PRON
taxlaw-2799	1012	54	manages	manage	VERB
taxlaw-2799	1012	55	“	"	PUNCT
taxlaw-2799	1012	56	risk	risk	NOUN
taxlaw-2799	1012	57	of	of	ADP
taxlaw-2799	1012	58	price	price	NOUN
taxlaw-2799	1012	59	changes	change	NOUN
taxlaw-2799	1012	60	.	.	PUNCT
taxlaw-2799	1012	61	”	"	PUNCT
taxlaw-2799	1013	1	while	while	SCONJ
taxlaw-2799	1013	2	that	that	DET
taxlaw-2799	1013	3	term	term	NOUN
taxlaw-2799	1013	4	is	be	AUX
taxlaw-2799	1013	5	fairly	fairly	ADV
taxlaw-2799	1013	6	broad	broad	ADJ
taxlaw-2799	1013	7	,	,	PUNCT
taxlaw-2799	1013	8	it	it	PRON
taxlaw-2799	1013	9	was	be	AUX
taxlaw-2799	1013	10	not	not	PART
taxlaw-2799	1013	11	written	write	VERB
taxlaw-2799	1013	12	with	with	ADP
taxlaw-2799	1013	13	the	the	DET
taxlaw-2799	1013	14	intent	intent	NOUN
taxlaw-2799	1013	15	of	of	ADP
taxlaw-2799	1013	16	capturing	capture	VERB
taxlaw-2799	1013	17	default	default	NOUN
taxlaw-2799	1013	18	risk	risk	NOUN
taxlaw-2799	1013	19	.	.	PUNCT
taxlaw-2799	1014	1	90	90	NUM
taxlaw-2799	1014	2	a	a	DET
taxlaw-2799	1014	3	prior	prior	ADJ
taxlaw-2799	1014	4	version	version	NOUN
taxlaw-2799	1014	5	of	of	ADP
taxlaw-2799	1014	6	this	this	DET
taxlaw-2799	1014	7	article	article	NOUN
taxlaw-2799	1014	8	suggested	suggest	VERB
taxlaw-2799	1014	9	that	that	SCONJ
taxlaw-2799	1014	10	§	§	PROPN
taxlaw-2799	1014	11	1256	1256	NUM
taxlaw-2799	1014	12	be	be	AUX
taxlaw-2799	1014	13	amended	amend	VERB
taxlaw-2799	1014	14	expressly	expressly	ADV
taxlaw-2799	1014	15	to	to	PART
taxlaw-2799	1014	16	exclude	exclude	VERB
taxlaw-2799	1014	17	npcs	npc	NOUN
taxlaw-2799	1014	18	and	and	CCONJ
taxlaw-2799	1014	19	cds	cd	NOUN
taxlaw-2799	1014	20	.	.	PUNCT
taxlaw-2799	1015	1	see	see	VERB
taxlaw-2799	1015	2	nijenhuis	nijenhuis	PROPN
taxlaw-2799	1015	3	,	,	PUNCT
taxlaw-2799	1015	4	supra	supra	PROPN
taxlaw-2799	1015	5	note	note	PROPN
taxlaw-2799	1015	6	1	1	NUM
taxlaw-2799	1015	7	,	,	PUNCT
taxlaw-2799	1015	8	at	at	ADP
taxlaw-2799	1015	9	1238	1238	NUM
taxlaw-2799	1015	10	,	,	PUNCT
taxlaw-2799	1015	11	at	at	ADP
taxlaw-2799	1015	12	note	note	NOUN
taxlaw-2799	1015	13	9	9	NUM
taxlaw-2799	1015	14	.	.	PUNCT
taxlaw-2799	1016	1	as	as	ADP
taxlaw-2799	1016	2	discussed	discuss	VERB
taxlaw-2799	1016	3	infra	infra	NOUN
taxlaw-2799	1016	4	section	section	NOUN
taxlaw-2799	1016	5	iii.c	iii.c	PROPN
taxlaw-2799	1016	6	,	,	PUNCT
taxlaw-2799	1016	7	this	this	PRON
taxlaw-2799	1016	8	is	be	AUX
taxlaw-2799	1016	9	one	one	NUM
taxlaw-2799	1016	10	plausible	plausible	ADJ
taxlaw-2799	1016	11	reading	reading	NOUN
taxlaw-2799	1016	12	of	of	ADP
taxlaw-2799	1016	13	the	the	DET
taxlaw-2799	1016	14	dodd	dodd	PROPN
taxlaw-2799	1016	15	-	-	PUNCT
taxlaw-2799	1016	16	frank	frank	PROPN
taxlaw-2799	1016	17	amendment	amendment	NOUN
taxlaw-2799	1016	18	to	to	ADP
taxlaw-2799	1016	19	§	§	PROPN
taxlaw-2799	1016	20	1256	1256	NUM
taxlaw-2799	1016	21	.	.	PUNCT
taxlaw-2799	1017	1	the	the	DET
taxlaw-2799	1017	2	article	article	NOUN
taxlaw-2799	1017	3	noted	note	VERB
taxlaw-2799	1017	4	,	,	PUNCT
taxlaw-2799	1017	5	however	however	ADV
taxlaw-2799	1017	6	,	,	PUNCT
taxlaw-2799	1017	7	that	that	SCONJ
taxlaw-2799	1017	8	an	an	DET
taxlaw-2799	1017	9	amendment	amendment	NOUN
taxlaw-2799	1017	10	of	of	ADP
taxlaw-2799	1017	11	this	this	DET
taxlaw-2799	1017	12	kind	kind	NOUN
taxlaw-2799	1017	13	would	would	AUX
taxlaw-2799	1017	14	mean	mean	VERB
taxlaw-2799	1017	15	that	that	SCONJ
taxlaw-2799	1017	16	while	while	SCONJ
taxlaw-2799	1017	17	cds	cd	NOUN
taxlaw-2799	1017	18	and	and	CCONJ
taxlaw-2799	1017	19	other	other	ADJ
taxlaw-2799	1017	20	npcs	npc	NOUN
taxlaw-2799	1017	21	would	would	AUX
taxlaw-2799	1017	22	not	not	PART
taxlaw-2799	1017	23	be	be	AUX
taxlaw-2799	1017	24	treated	treat	VERB
taxlaw-2799	1017	25	as	as	ADP
taxlaw-2799	1017	26	section	section	NOUN
taxlaw-2799	1017	27	1256	1256	NUM
taxlaw-2799	1017	28	contracts	contract	NOUN
taxlaw-2799	1017	29	,	,	PUNCT
taxlaw-2799	1017	30	it	it	PRON
taxlaw-2799	1017	31	would	would	AUX
taxlaw-2799	1017	32	not	not	PART
taxlaw-2799	1017	33	cover	cover	VERB
taxlaw-2799	1017	34	all	all	DET
taxlaw-2799	1017	35	derivative	derivative	ADJ
taxlaw-2799	1017	36	financial	financial	ADJ
taxlaw-2799	1017	37	instruments	instrument	NOUN
taxlaw-2799	1017	38	now	now	ADV
taxlaw-2799	1017	39	traded	trade	VERB
taxlaw-2799	1017	40	in	in	ADP
taxlaw-2799	1017	41	the	the	DET
taxlaw-2799	1017	42	otc	otc	PROPN
taxlaw-2799	1017	43	market	market	NOUN
taxlaw-2799	1017	44	that	that	PRON
taxlaw-2799	1017	45	may	may	AUX
taxlaw-2799	1017	46	be	be	AUX
taxlaw-2799	1017	47	required	require	VERB
taxlaw-2799	1017	48	under	under	ADP
taxlaw-2799	1017	49	dodd	dodd	PROPN
taxlaw-2799	1017	50	-	-	PUNCT
taxlaw-2799	1017	51	frank	frank	PROPN
taxlaw-2799	1017	52	to	to	PART
taxlaw-2799	1017	53	be	be	AUX
taxlaw-2799	1017	54	cleared	clear	VERB
taxlaw-2799	1017	55	and/or	and/or	CCONJ
taxlaw-2799	1017	56	traded	trade	VERB
taxlaw-2799	1017	57	,	,	PUNCT
taxlaw-2799	1017	58	such	such	ADJ
taxlaw-2799	1017	59	as	as	ADP
taxlaw-2799	1017	60	options	option	NOUN
taxlaw-2799	1017	61	.	.	PUNCT
taxlaw-2799	1018	1	i	i	PRON
taxlaw-2799	1018	2	d.	d.	VERB
taxlaw-2799	1018	3	this	this	DET
taxlaw-2799	1018	4	implicit	implicit	ADJ
taxlaw-2799	1018	5	call	call	NOUN
taxlaw-2799	1018	6	for	for	ADP
taxlaw-2799	1018	7	broader	broad	ADJ
taxlaw-2799	1018	8	legislative	legislative	ADJ
taxlaw-2799	1018	9	change	change	NOUN
taxlaw-2799	1018	10	obviously	obviously	ADV
taxlaw-2799	1018	11	failed	fail	VERB
taxlaw-2799	1018	12	to	to	PART
taxlaw-2799	1018	13	have	have	VERB
taxlaw-2799	1018	14	any	any	DET
taxlaw-2799	1018	15	immediate	immediate	ADJ
taxlaw-2799	1018	16	effect	effect	NOUN
taxlaw-2799	1018	17	.	.	PUNCT
taxlaw-2799	1019	1	the	the	DET
taxlaw-2799	1019	2	author	author	NOUN
taxlaw-2799	1019	3	understands	understand	VERB
taxlaw-2799	1019	4	that	that	SCONJ
taxlaw-2799	1019	5	it	it	PRON
taxlaw-2799	1019	6	was	be	AUX
taxlaw-2799	1019	7	not	not	PART
taxlaw-2799	1019	8	possible	possible	ADJ
taxlaw-2799	1019	9	under	under	ADP
taxlaw-2799	1019	10	congressional	congressional	ADJ
taxlaw-2799	1019	11	rules	rule	NOUN
taxlaw-2799	1019	12	to	to	PART
taxlaw-2799	1019	13	consider	consider	VERB
taxlaw-2799	1019	14	any	any	DET
taxlaw-2799	1019	15	broader	broad	ADJ
taxlaw-2799	1019	16	changes	change	NOUN
taxlaw-2799	1019	17	to	to	ADP
taxlaw-2799	1019	18	the	the	DET
taxlaw-2799	1019	19	code	code	NOUN
taxlaw-2799	1019	20	than	than	ADP
taxlaw-2799	1019	21	the	the	DET
taxlaw-2799	1019	22	§	§	PROPN
taxlaw-2799	1019	23	1256	1256	NUM
taxlaw-2799	1019	24	amendment	amendment	NOUN
taxlaw-2799	1019	25	without	without	ADP
taxlaw-2799	1019	26	bringing	bring	VERB
taxlaw-2799	1019	27	dodd	dodd	NOUN
taxlaw-2799	1019	28	-	-	PUNCT
taxlaw-2799	1019	29	frank	frank	PROPN
taxlaw-2799	1019	30	under	under	ADP
taxlaw-2799	1019	31	the	the	DET
taxlaw-2799	1019	32	jurisdiction	jurisdiction	NOUN
taxlaw-2799	1019	33	of	of	ADP
taxlaw-2799	1019	34	the	the	DET
taxlaw-2799	1019	35	tax	tax	NOUN
taxlaw-2799	1019	36	-	-	PUNCT
taxlaw-2799	1019	37	writing	write	VERB
taxlaw-2799	1019	38	committees	committee	NOUN
taxlaw-2799	1019	39	.	.	PUNCT
taxlaw-2799	1020	1	it	it	PRON
taxlaw-2799	1020	2	may	may	AUX
taxlaw-2799	1020	3	be	be	AUX
taxlaw-2799	1020	4	possible	possible	ADJ
taxlaw-2799	1020	5	,	,	PUNCT
taxlaw-2799	1020	6	therefore	therefore	ADV
taxlaw-2799	1020	7	,	,	PUNCT
taxlaw-2799	1020	8	for	for	ADP
taxlaw-2799	1020	9	future	future	ADJ
taxlaw-2799	1020	10	tax	tax	NOUN
taxlaw-2799	1020	11	legislation	legislation	NOUN
taxlaw-2799	1020	12	to	to	PART
taxlaw-2799	1020	13	address	address	VERB
taxlaw-2799	1020	14	these	these	DET
taxlaw-2799	1020	15	issues	issue	NOUN
taxlaw-2799	1020	16	.	.	PUNCT
taxlaw-2799	1021	1	91	91	NUM
taxlaw-2799	1021	2	there	there	PRON
taxlaw-2799	1021	3	are	be	VERB
taxlaw-2799	1021	4	now	now	ADV
taxlaw-2799	1021	5	various	various	ADJ
taxlaw-2799	1021	6	types	type	NOUN
taxlaw-2799	1021	7	of	of	ADP
taxlaw-2799	1021	8	trading	trading	NOUN
taxlaw-2799	1021	9	markets	market	NOUN
taxlaw-2799	1021	10	that	that	PRON
taxlaw-2799	1021	11	did	do	AUX
taxlaw-2799	1021	12	not	not	PART
taxlaw-2799	1021	13	exist	exist	VERB
taxlaw-2799	1021	14	when	when	SCONJ
taxlaw-2799	1021	15	§	§	PROPN
taxlaw-2799	1021	16	1256	1256	NUM
taxlaw-2799	1021	17	was	be	AUX
taxlaw-2799	1021	18	enacted	enact	VERB
taxlaw-2799	1021	19	,	,	PUNCT
taxlaw-2799	1021	20	and	and	CCONJ
taxlaw-2799	1021	21	that	that	PRON
taxlaw-2799	1021	22	are	be	AUX
taxlaw-2799	1021	23	not	not	PART
taxlaw-2799	1021	24	qbes	qbe	NOUN
taxlaw-2799	1021	25	—	—	PUNCT
taxlaw-2799	1021	26	that	that	ADV
taxlaw-2799	1021	27	is	is	ADV
taxlaw-2799	1021	28	,	,	PUNCT
taxlaw-2799	1021	29	sec	sec	PROPN
taxlaw-2799	1021	30	-	-	PUNCT
taxlaw-2799	1021	31	regulated	regulate	VERB
taxlaw-2799	1021	32	national	national	ADJ
taxlaw-2799	1021	33	securities	security	NOUN
taxlaw-2799	1021	34	exchanges	exchange	NOUN
taxlaw-2799	1021	35	or	or	CCONJ
taxlaw-2799	1021	36	cftc	cftc	PROPN
taxlaw-2799	1021	37	-	-	PUNCT
taxlaw-2799	1021	38	regulated	regulate	VERB
taxlaw-2799	1021	39	designated	designate	VERB
taxlaw-2799	1021	40	contract	contract	NOUN
taxlaw-2799	1021	41	markets	market	NOUN
taxlaw-2799	1021	42	—	—	PUNCT
taxlaw-2799	1021	43	but	but	CCONJ
taxlaw-2799	1021	44	that	that	PRON
taxlaw-2799	1021	45	may	may	AUX
taxlaw-2799	1021	46	nevertheless	nevertheless	ADV
taxlaw-2799	1021	47	be	be	AUX
taxlaw-2799	1021	48	subject	subject	ADJ
taxlaw-2799	1021	49	to	to	ADP
taxlaw-2799	1021	50	some	some	DET
taxlaw-2799	1021	51	form	form	NOUN
taxlaw-2799	1021	52	of	of	ADP
taxlaw-2799	1021	53	regulation	regulation	NOUN
taxlaw-2799	1021	54	by	by	ADP
taxlaw-2799	1021	55	securities	security	NOUN
taxlaw-2799	1021	56	or	or	CCONJ
taxlaw-2799	1021	57	commodities	commodity	NOUN
taxlaw-2799	1021	58	regulators	regulator	NOUN
taxlaw-2799	1021	59	.	.	PUNCT
taxlaw-2799	1022	1	these	these	DET
taxlaw-2799	1022	2	markets	market	NOUN
taxlaw-2799	1022	3	may	may	AUX
taxlaw-2799	1022	4	become	become	VERB
taxlaw-2799	1022	5	obsolete	obsolete	ADJ
taxlaw-2799	1022	6	with	with	ADP
taxlaw-2799	1022	7	the	the	DET
taxlaw-2799	1022	8	passage	passage	NOUN
taxlaw-2799	1022	9	of	of	ADP
taxlaw-2799	1022	10	dodd	dodd	PROPN
taxlaw-2799	1022	11	-	-	PUNCT
taxlaw-2799	1022	12	frank	frank	PROPN
taxlaw-2799	1022	13	.	.	PUNCT
taxlaw-2799	1023	1	if	if	SCONJ
taxlaw-2799	1023	2	that	that	PRON
taxlaw-2799	1023	3	is	be	AUX
taxlaw-2799	1023	4	not	not	PART
taxlaw-2799	1023	5	the	the	DET
taxlaw-2799	1023	6	case	case	NOUN
taxlaw-2799	1023	7	,	,	PUNCT
taxlaw-2799	1023	8	they	they	PRON
taxlaw-2799	1023	9	too	too	ADV
taxlaw-2799	1023	10	should	should	AUX
taxlaw-2799	1023	11	be	be	AUX
taxlaw-2799	1023	12	addressed	address	VERB
taxlaw-2799	1023	13	.	.	PUNCT
taxlaw-2799	1024	1	2011	2011	NUM
taxlaw-2799	1024	2	]	]	PUNCT
taxlaw-2799	1024	3	ew	ew	NOUN
taxlaw-2799	1024	4	tax	tax	NOUN
taxlaw-2799	1024	5	issues	issue	NOUN
taxlaw-2799	1024	6	arisi	arisi	VERB
taxlaw-2799	1024	7	g	g	PROPN
taxlaw-2799	1024	8	from	from	ADP
taxlaw-2799	1024	9	the	the	DET
taxlaw-2799	1024	10	dodd	dodd	NOUN
taxlaw-2799	1024	11	-	-	PUNCT
taxlaw-2799	1024	12	fra	fra	PROPN
taxlaw-2799	1024	13	k	k	PROPN
taxlaw-2799	1024	14	act	act	VERB
taxlaw-2799	1024	15	51	51	NUM
taxlaw-2799	1024	16	a.	a.	NOUN
taxlaw-2799	1024	17	effect	effect	NOUN
taxlaw-2799	1024	18	of	of	ADP
taxlaw-2799	1024	19	section	section	NOUN
taxlaw-2799	1024	20	1256	1256	NUM
taxlaw-2799	1024	21	treatment	treatment	NOUN
taxlaw-2799	1024	22	for	for	ADP
taxlaw-2799	1024	23	otc	otc	PROPN
taxlaw-2799	1024	24	derivatives	derivative	NOUN
taxlaw-2799	1024	25	.	.	PUNCT
taxlaw-2799	1025	1	the	the	DET
taxlaw-2799	1025	2	impact	impact	NOUN
taxlaw-2799	1025	3	of	of	ADP
taxlaw-2799	1025	4	§	§	PROPN
taxlaw-2799	1025	5	1256	1256	NUM
taxlaw-2799	1025	6	treatment	treatment	NOUN
taxlaw-2799	1025	7	depends	depend	VERB
taxlaw-2799	1025	8	partly	partly	ADV
taxlaw-2799	1025	9	on	on	ADP
taxlaw-2799	1025	10	the	the	DET
taxlaw-2799	1025	11	type	type	NOUN
taxlaw-2799	1025	12	of	of	ADP
taxlaw-2799	1025	13	financial	financial	ADJ
taxlaw-2799	1025	14	instrument	instrument	NOUN
taxlaw-2799	1025	15	and	and	CCONJ
taxlaw-2799	1025	16	partly	partly	ADV
taxlaw-2799	1025	17	on	on	ADP
taxlaw-2799	1025	18	the	the	DET
taxlaw-2799	1025	19	tax	tax	NOUN
taxlaw-2799	1025	20	characteristics	characteristic	NOUN
taxlaw-2799	1025	21	of	of	ADP
taxlaw-2799	1025	22	the	the	DET
taxlaw-2799	1025	23	taxpayer	taxpayer	NOUN
taxlaw-2799	1025	24	.	.	PUNCT
taxlaw-2799	1026	1	for	for	ADP
taxlaw-2799	1026	2	example	example	NOUN
taxlaw-2799	1026	3	,	,	PUNCT
taxlaw-2799	1026	4	is	be	AUX
taxlaw-2799	1026	5	the	the	DET
taxlaw-2799	1026	6	taxpayer	taxpayer	NOUN
taxlaw-2799	1026	7	an	an	DET
taxlaw-2799	1026	8	individual	individual	NOUN
taxlaw-2799	1026	9	that	that	PRON
taxlaw-2799	1026	10	can	can	AUX
taxlaw-2799	1026	11	benefit	benefit	VERB
taxlaw-2799	1026	12	from	from	ADP
taxlaw-2799	1026	13	60/40	60/40	NUM
taxlaw-2799	1026	14	treatment	treatment	NOUN
taxlaw-2799	1026	15	or	or	CCONJ
taxlaw-2799	1026	16	a	a	DET
taxlaw-2799	1026	17	corporation	corporation	NOUN
taxlaw-2799	1026	18	?	?	PUNCT
taxlaw-2799	1027	1	is	be	AUX
taxlaw-2799	1027	2	the	the	DET
taxlaw-2799	1027	3	taxpayer	taxpayer	NOUN
taxlaw-2799	1027	4	using	use	VERB
taxlaw-2799	1027	5	a	a	DET
taxlaw-2799	1027	6	realization	realization	NOUN
taxlaw-2799	1027	7	method	method	NOUN
taxlaw-2799	1027	8	of	of	ADP
taxlaw-2799	1027	9	accounting	accounting	NOUN
taxlaw-2799	1027	10	or	or	CCONJ
taxlaw-2799	1027	11	does	do	AUX
taxlaw-2799	1027	12	the	the	DET
taxlaw-2799	1027	13	taxpayer	taxpayer	NOUN
taxlaw-2799	1027	14	mark	mark	VERB
taxlaw-2799	1027	15	its	its	PRON
taxlaw-2799	1027	16	positions	position	NOUN
taxlaw-2799	1027	17	to	to	PART
taxlaw-2799	1027	18	market	market	VERB
taxlaw-2799	1027	19	for	for	ADP
taxlaw-2799	1027	20	tax	tax	NOUN
taxlaw-2799	1027	21	purposes	purpose	NOUN
taxlaw-2799	1027	22	?	?	PUNCT
taxlaw-2799	1028	1	in	in	ADP
taxlaw-2799	1028	2	order	order	NOUN
taxlaw-2799	1028	3	to	to	PART
taxlaw-2799	1028	4	illustrate	illustrate	VERB
taxlaw-2799	1028	5	what	what	PRON
taxlaw-2799	1028	6	is	be	AUX
taxlaw-2799	1028	7	at	at	ADP
taxlaw-2799	1028	8	stake	stake	NOUN
taxlaw-2799	1028	9	,	,	PUNCT
taxlaw-2799	1028	10	this	this	DET
taxlaw-2799	1028	11	section	section	NOUN
taxlaw-2799	1028	12	iii.a	iii.a	PROPN
taxlaw-2799	1028	13	considers	consider	VERB
taxlaw-2799	1028	14	two	two	NUM
taxlaw-2799	1028	15	hypothetical	hypothetical	ADJ
taxlaw-2799	1028	16	situations	situation	NOUN
taxlaw-2799	1028	17	.	.	PUNCT
taxlaw-2799	1029	1	the	the	DET
taxlaw-2799	1029	2	first	first	ADJ
taxlaw-2799	1029	3	is	be	AUX
taxlaw-2799	1029	4	a	a	DET
taxlaw-2799	1029	5	taxpayer	taxpayer	NOUN
taxlaw-2799	1029	6	who	who	PRON
taxlaw-2799	1029	7	is	be	AUX
taxlaw-2799	1029	8	considering	consider	VERB
taxlaw-2799	1029	9	one	one	NUM
taxlaw-2799	1029	10	of	of	ADP
taxlaw-2799	1029	11	a	a	DET
taxlaw-2799	1029	12	number	number	NOUN
taxlaw-2799	1029	13	of	of	ADP
taxlaw-2799	1029	14	financial	financial	ADJ
taxlaw-2799	1029	15	instruments	instrument	NOUN
taxlaw-2799	1029	16	that	that	PRON
taxlaw-2799	1029	17	have	have	VERB
taxlaw-2799	1029	18	the	the	DET
taxlaw-2799	1029	19	payment	payment	NOUN
taxlaw-2799	1029	20	terms	term	NOUN
taxlaw-2799	1029	21	of	of	ADP
taxlaw-2799	1029	22	an	an	DET
taxlaw-2799	1029	23	interest	interest	NOUN
taxlaw-2799	1029	24	rate	rate	NOUN
taxlaw-2799	1029	25	swap	swap	NOUN
taxlaw-2799	1029	26	or	or	CCONJ
taxlaw-2799	1029	27	an	an	DET
taxlaw-2799	1029	28	economic	economic	ADJ
taxlaw-2799	1029	29	equivalent	equivalent	NOUN
taxlaw-2799	1029	30	thereof	thereof	ADV
taxlaw-2799	1029	31	and	and	CCONJ
taxlaw-2799	1029	32	who	who	PRON
taxlaw-2799	1029	33	does	do	AUX
taxlaw-2799	1029	34	not	not	PART
taxlaw-2799	1029	35	use	use	VERB
taxlaw-2799	1029	36	a	a	DET
taxlaw-2799	1029	37	mark	mark	NOUN
taxlaw-2799	1029	38	-	-	PUNCT
taxlaw-2799	1029	39	to	to	ADP
taxlaw-2799	1029	40	-	-	PUNCT
taxlaw-2799	1029	41	market	market	NOUN
taxlaw-2799	1029	42	method	method	NOUN
taxlaw-2799	1029	43	of	of	ADP
taxlaw-2799	1029	44	accounting	accounting	NOUN
taxlaw-2799	1029	45	.	.	PUNCT
taxlaw-2799	1030	1	the	the	DET
taxlaw-2799	1030	2	second	second	NOUN
taxlaw-2799	1030	3	is	be	AUX
taxlaw-2799	1030	4	a	a	DET
taxlaw-2799	1030	5	dealer	dealer	NOUN
taxlaw-2799	1030	6	in	in	ADP
taxlaw-2799	1030	7	securities	security	NOUN
taxlaw-2799	1030	8	who	who	PRON
taxlaw-2799	1030	9	has	have	VERB
taxlaw-2799	1030	10	a	a	DET
taxlaw-2799	1030	11	rates	rate	NOUN
taxlaw-2799	1030	12	book	book	NOUN
taxlaw-2799	1030	13	that	that	PRON
taxlaw-2799	1030	14	includes	include	VERB
taxlaw-2799	1030	15	a	a	DET
taxlaw-2799	1030	16	variety	variety	NOUN
taxlaw-2799	1030	17	of	of	ADP
taxlaw-2799	1030	18	u.s	u.s	PROPN
taxlaw-2799	1030	19	.	.	PROPN
taxlaw-2799	1030	20	dollar	dollar	NOUN
taxlaw-2799	1030	21	interest	interest	NOUN
taxlaw-2799	1030	22	ratelinked	ratelinke	VERB
taxlaw-2799	1030	23	financial	financial	ADJ
taxlaw-2799	1030	24	instruments	instrument	NOUN
taxlaw-2799	1030	25	.	.	PUNCT
taxlaw-2799	1031	1	in	in	ADP
taxlaw-2799	1031	2	both	both	PRON
taxlaw-2799	1031	3	of	of	ADP
taxlaw-2799	1031	4	these	these	DET
taxlaw-2799	1031	5	examples	example	NOUN
taxlaw-2799	1031	6	,	,	PUNCT
taxlaw-2799	1031	7	§	§	PROPN
taxlaw-2799	1031	8	1256	1256	NUM
taxlaw-2799	1031	9	treatment	treatment	NOUN
taxlaw-2799	1031	10	is	be	AUX
taxlaw-2799	1031	11	unfavorable	unfavorable	ADJ
taxlaw-2799	1031	12	.	.	PUNCT
taxlaw-2799	1032	1	section	section	NOUN
taxlaw-2799	1032	2	iii.a	iii.a	PROPN
taxlaw-2799	1032	3	ends	end	VERB
taxlaw-2799	1032	4	with	with	ADP
taxlaw-2799	1032	5	a	a	DET
taxlaw-2799	1032	6	brief	brief	ADJ
taxlaw-2799	1032	7	comment	comment	NOUN
taxlaw-2799	1032	8	on	on	ADP
taxlaw-2799	1032	9	situations	situation	NOUN
taxlaw-2799	1032	10	where	where	SCONJ
taxlaw-2799	1032	11	broader	broad	ADJ
taxlaw-2799	1032	12	§	§	PROPN
taxlaw-2799	1032	13	1256	1256	NUM
taxlaw-2799	1032	14	treatment	treatment	NOUN
taxlaw-2799	1032	15	could	could	AUX
taxlaw-2799	1032	16	be	be	AUX
taxlaw-2799	1032	17	favorable	favorable	ADJ
taxlaw-2799	1032	18	.	.	PUNCT
taxlaw-2799	1033	1	1	1	X
taxlaw-2799	1033	2	.	.	X
taxlaw-2799	1033	3	interest	interest	NOUN
taxlaw-2799	1033	4	rate	rate	NOUN
taxlaw-2799	1033	5	swaps	swap	NOUN
taxlaw-2799	1033	6	and	and	CCONJ
taxlaw-2799	1033	7	swap	swap	NOUN
taxlaw-2799	1033	8	futures	future	NOUN
taxlaw-2799	1033	9	contracts	contract	NOUN
taxlaw-2799	1033	10	.	.	PUNCT
taxlaw-2799	1034	1	a	a	DET
taxlaw-2799	1034	2	taxpayer	taxpayer	NOUN
taxlaw-2799	1034	3	interested	interested	ADJ
taxlaw-2799	1034	4	in	in	ADP
taxlaw-2799	1034	5	interest	interest	NOUN
taxlaw-2799	1034	6	rate	rate	NOUN
taxlaw-2799	1034	7	swap	swap	NOUN
taxlaw-2799	1034	8	economics	economic	NOUN
taxlaw-2799	1034	9	can	can	AUX
taxlaw-2799	1034	10	of	of	ADP
taxlaw-2799	1034	11	course	course	NOUN
taxlaw-2799	1034	12	enter	enter	VERB
taxlaw-2799	1034	13	into	into	ADP
taxlaw-2799	1034	14	a	a	DET
taxlaw-2799	1034	15	conventional	conventional	ADJ
taxlaw-2799	1034	16	privately	privately	ADV
taxlaw-2799	1034	17	negotiated	negotiate	VERB
taxlaw-2799	1034	18	bilateral	bilateral	ADJ
taxlaw-2799	1034	19	otc	otc	PROPN
taxlaw-2799	1034	20	interest	interest	NOUN
taxlaw-2799	1034	21	rate	rate	NOUN
taxlaw-2799	1034	22	swap	swap	NOUN
taxlaw-2799	1034	23	.	.	PUNCT
taxlaw-2799	1035	1	other	other	ADJ
taxlaw-2799	1035	2	alternatives	alternative	NOUN
taxlaw-2799	1035	3	,	,	PUNCT
taxlaw-2799	1035	4	described	describe	VERB
taxlaw-2799	1035	5	in	in	ADP
taxlaw-2799	1035	6	section	section	PROPN
taxlaw-2799	1035	7	ii.a.3	ii.a.3	PROPN
taxlaw-2799	1035	8	,	,	PUNCT
taxlaw-2799	1035	9	above	above	ADV
taxlaw-2799	1035	10	,	,	PUNCT
taxlaw-2799	1035	11	would	would	AUX
taxlaw-2799	1035	12	be	be	AUX
taxlaw-2799	1035	13	to	to	PART
taxlaw-2799	1035	14	enter	enter	VERB
taxlaw-2799	1035	15	into	into	ADP
taxlaw-2799	1035	16	a	a	DET
taxlaw-2799	1035	17	interest	interest	NOUN
taxlaw-2799	1035	18	rate	rate	NOUN
taxlaw-2799	1035	19	swap	swap	NOUN
taxlaw-2799	1035	20	futures	future	NOUN
taxlaw-2799	1035	21	contract	contract	NOUN
taxlaw-2799	1035	22	of	of	ADP
taxlaw-2799	1035	23	the	the	DET
taxlaw-2799	1035	24	kind	kind	NOUN
taxlaw-2799	1035	25	offered	offer	VERB
taxlaw-2799	1035	26	by	by	ADP
taxlaw-2799	1035	27	the	the	DET
taxlaw-2799	1035	28	idcg	idcg	NOUN
taxlaw-2799	1035	29	,	,	PUNCT
taxlaw-2799	1035	30	whether	whether	SCONJ
taxlaw-2799	1035	31	directly	directly	ADV
taxlaw-2799	1035	32	or	or	CCONJ
taxlaw-2799	1035	33	as	as	ADP
taxlaw-2799	1035	34	a	a	DET
taxlaw-2799	1035	35	result	result	NOUN
taxlaw-2799	1035	36	of	of	ADP
taxlaw-2799	1035	37	an	an	DET
taxlaw-2799	1035	38	exchange	exchange	NOUN
taxlaw-2799	1035	39	of	of	ADP
taxlaw-2799	1035	40	an	an	DET
taxlaw-2799	1035	41	interest	interest	NOUN
taxlaw-2799	1035	42	rate	rate	NOUN
taxlaw-2799	1035	43	swap	swap	NOUN
taxlaw-2799	1035	44	for	for	ADP
taxlaw-2799	1035	45	such	such	DET
taxlaw-2799	1035	46	a	a	DET
taxlaw-2799	1035	47	futures	future	NOUN
taxlaw-2799	1035	48	contract	contract	NOUN
taxlaw-2799	1035	49	through	through	ADP
taxlaw-2799	1035	50	the	the	DET
taxlaw-2799	1035	51	idch	idch	NOUN
taxlaw-2799	1035	52	,	,	PUNCT
taxlaw-2799	1035	53	or	or	CCONJ
taxlaw-2799	1035	54	to	to	PART
taxlaw-2799	1035	55	enter	enter	VERB
taxlaw-2799	1035	56	into	into	ADP
taxlaw-2799	1035	57	a	a	DET
taxlaw-2799	1035	58	swap	swap	NOUN
taxlaw-2799	1035	59	futures	future	NOUN
taxlaw-2799	1035	60	contract	contract	NOUN
taxlaw-2799	1035	61	of	of	ADP
taxlaw-2799	1035	62	the	the	DET
taxlaw-2799	1035	63	kind	kind	NOUN
taxlaw-2799	1035	64	offered	offer	VERB
taxlaw-2799	1035	65	by	by	ADP
taxlaw-2799	1035	66	the	the	DET
taxlaw-2799	1035	67	cme	cme	PROPN
taxlaw-2799	1035	68	.	.	PUNCT
taxlaw-2799	1036	1	as	as	SCONJ
taxlaw-2799	1036	2	described	describe	VERB
taxlaw-2799	1036	3	above	above	ADV
taxlaw-2799	1036	4	,	,	PUNCT
taxlaw-2799	1036	5	the	the	DET
taxlaw-2799	1036	6	idcg	idcg	PROPN
taxlaw-2799	1036	7	contract	contract	NOUN
taxlaw-2799	1036	8	has	have	VERB
taxlaw-2799	1036	9	payment	payment	NOUN
taxlaw-2799	1036	10	terms	term	NOUN
taxlaw-2799	1036	11	similar	similar	ADJ
taxlaw-2799	1036	12	to	to	ADP
taxlaw-2799	1036	13	those	those	PRON
taxlaw-2799	1036	14	of	of	ADP
taxlaw-2799	1036	15	an	an	DET
taxlaw-2799	1036	16	interest	interest	NOUN
taxlaw-2799	1036	17	rate	rate	NOUN
taxlaw-2799	1036	18	swap	swap	NOUN
taxlaw-2799	1036	19	,	,	PUNCT
taxlaw-2799	1036	20	that	that	ADV
taxlaw-2799	1036	21	is	is	ADV
taxlaw-2799	1036	22	,	,	PUNCT
taxlaw-2799	1036	23	periodic	periodic	ADJ
taxlaw-2799	1036	24	exchanges	exchange	NOUN
taxlaw-2799	1036	25	of	of	ADP
taxlaw-2799	1036	26	fixed	fix	VERB
taxlaw-2799	1036	27	for	for	ADP
taxlaw-2799	1036	28	floating	float	VERB
taxlaw-2799	1036	29	payments	payment	NOUN
taxlaw-2799	1036	30	determined	determine	VERB
taxlaw-2799	1036	31	by	by	ADP
taxlaw-2799	1036	32	reference	reference	NOUN
taxlaw-2799	1036	33	to	to	ADP
taxlaw-2799	1036	34	a	a	DET
taxlaw-2799	1036	35	notional	notional	ADJ
taxlaw-2799	1036	36	principal	principal	ADJ
taxlaw-2799	1036	37	amount	amount	NOUN
taxlaw-2799	1036	38	,	,	PUNCT
taxlaw-2799	1036	39	while	while	SCONJ
taxlaw-2799	1036	40	the	the	DET
taxlaw-2799	1036	41	cme	cme	PROPN
taxlaw-2799	1036	42	futures	future	NOUN
taxlaw-2799	1036	43	contract	contract	NOUN
taxlaw-2799	1036	44	provides	provide	VERB
taxlaw-2799	1036	45	for	for	ADP
taxlaw-2799	1036	46	a	a	DET
taxlaw-2799	1036	47	single	single	ADJ
taxlaw-2799	1036	48	payment	payment	NOUN
taxlaw-2799	1036	49	determined	determine	VERB
taxlaw-2799	1036	50	by	by	ADP
taxlaw-2799	1036	51	reference	reference	NOUN
taxlaw-2799	1036	52	to	to	ADP
taxlaw-2799	1036	53	the	the	DET
taxlaw-2799	1036	54	value	value	NOUN
taxlaw-2799	1036	55	of	of	ADP
taxlaw-2799	1036	56	a	a	DET
taxlaw-2799	1036	57	hypothetical	hypothetical	ADJ
taxlaw-2799	1036	58	interest	interest	NOUN
taxlaw-2799	1036	59	rate	rate	NOUN
taxlaw-2799	1036	60	swap.92	swap.92	PROPN
taxlaw-2799	1036	61	under	under	ADP
taxlaw-2799	1036	62	current	current	ADJ
taxlaw-2799	1036	63	law	law	NOUN
taxlaw-2799	1036	64	,	,	PUNCT
taxlaw-2799	1036	65	the	the	DET
taxlaw-2799	1036	66	interest	interest	NOUN
taxlaw-2799	1036	67	rate	rate	NOUN
taxlaw-2799	1036	68	swap	swap	NOUN
taxlaw-2799	1036	69	is	be	AUX
taxlaw-2799	1036	70	subject	subject	ADJ
taxlaw-2799	1036	71	to	to	ADP
taxlaw-2799	1036	72	the	the	DET
taxlaw-2799	1036	73	accrual	accrual	ADJ
taxlaw-2799	1036	74	rules	rule	NOUN
taxlaw-2799	1036	75	described	describe	VERB
taxlaw-2799	1036	76	in	in	ADP
taxlaw-2799	1036	77	section	section	NOUN
taxlaw-2799	1036	78	i.b.1	i.b.1	NOUN
taxlaw-2799	1036	79	,	,	PUNCT
taxlaw-2799	1036	80	above	above	ADV
taxlaw-2799	1036	81	,	,	PUNCT
taxlaw-2799	1036	82	and	and	CCONJ
taxlaw-2799	1036	83	as	as	ADP
taxlaw-2799	1036	84	a	a	DET
taxlaw-2799	1036	85	result	result	NOUN
taxlaw-2799	1036	86	of	of	ADP
taxlaw-2799	1036	87	the	the	DET
taxlaw-2799	1036	88	dodd	dodd	PROPN
taxlaw-2799	1036	89	-	-	PUNCT
taxlaw-2799	1036	90	frank	frank	PROPN
taxlaw-2799	1036	91	amendment	amendment	NOUN
taxlaw-2799	1036	92	to	to	ADP
taxlaw-2799	1036	93	§	§	PROPN
taxlaw-2799	1036	94	1256	1256	NUM
taxlaw-2799	1036	95	,	,	PUNCT
taxlaw-2799	1036	96	that	that	PRON
taxlaw-2799	1036	97	will	will	AUX
taxlaw-2799	1036	98	continue	continue	VERB
taxlaw-2799	1036	99	to	to	PART
taxlaw-2799	1036	100	be	be	AUX
taxlaw-2799	1036	101	the	the	DET
taxlaw-2799	1036	102	case	case	NOUN
taxlaw-2799	1036	103	regardless	regardless	ADV
taxlaw-2799	1036	104	of	of	ADP
taxlaw-2799	1036	105	whether	whether	SCONJ
taxlaw-2799	1036	106	the	the	DET
taxlaw-2799	1036	107	swap	swap	NOUN
taxlaw-2799	1036	108	is	be	AUX
taxlaw-2799	1036	109	cleared	clear	VERB
taxlaw-2799	1036	110	and/or	and/or	CCONJ
taxlaw-2799	1036	111	traded	trade	VERB
taxlaw-2799	1036	112	on	on	ADP
taxlaw-2799	1036	113	a	a	DET
taxlaw-2799	1036	114	regulated	regulated	ADJ
taxlaw-2799	1036	115	market	market	NOUN
taxlaw-2799	1036	116	.	.	PUNCT
taxlaw-2799	1037	1	there	there	PRON
taxlaw-2799	1037	2	is	be	VERB
taxlaw-2799	1037	3	no	no	DET
taxlaw-2799	1037	4	express	express	ADJ
taxlaw-2799	1037	5	guidance	guidance	NOUN
taxlaw-2799	1037	6	on	on	ADP
taxlaw-2799	1037	7	the	the	DET
taxlaw-2799	1037	8	cme	cme	PROPN
taxlaw-2799	1037	9	futures	future	NOUN
taxlaw-2799	1037	10	contract	contract	NOUN
taxlaw-2799	1037	11	,	,	PUNCT
taxlaw-2799	1037	12	but	but	CCONJ
taxlaw-2799	1037	13	it	it	PRON
taxlaw-2799	1037	14	presumably	presumably	ADV
taxlaw-2799	1037	15	qualified	qualify	VERB
taxlaw-2799	1037	16	as	as	ADP
taxlaw-2799	1037	17	a	a	DET
taxlaw-2799	1037	18	“	"	PUNCT
taxlaw-2799	1037	19	regulated	regulated	ADJ
taxlaw-2799	1037	20	futures	future	NOUN
taxlaw-2799	1037	21	contract	contract	NOUN
taxlaw-2799	1037	22	”	"	PUNCT
taxlaw-2799	1037	23	prior	prior	ADV
taxlaw-2799	1037	24	to	to	ADP
taxlaw-2799	1037	25	the	the	DET
taxlaw-2799	1037	26	dodd	dodd	PROPN
taxlaw-2799	1037	27	-	-	PUNCT
taxlaw-2799	1037	28	frank	frank	PROPN
taxlaw-2799	1037	29	amendment	amendment	PROPN
taxlaw-2799	1037	30	,	,	PUNCT
taxlaw-2799	1037	31	and	and	CCONJ
taxlaw-2799	1037	32	for	for	ADP
taxlaw-2799	1037	33	purposes	purpose	NOUN
taxlaw-2799	1037	34	of	of	ADP
taxlaw-2799	1037	35	this	this	DET
taxlaw-2799	1037	36	discussion	discussion	NOUN
taxlaw-2799	1037	37	,	,	PUNCT
taxlaw-2799	1037	38	it	it	PRON
taxlaw-2799	1037	39	is	be	AUX
taxlaw-2799	1037	40	assumed	assume	VERB
taxlaw-2799	1037	41	that	that	SCONJ
taxlaw-2799	1037	42	that	that	DET
taxlaw-2799	1037	43	treatment	treatment	NOUN
taxlaw-2799	1037	44	continues	continue	VERB
taxlaw-2799	1037	45	post	post	ADJ
taxlaw-2799	1037	46	-	-	ADJ
taxlaw-2799	1037	47	dodd	dodd	NOUN
taxlaw-2799	1037	48	-	-	PUNCT
taxlaw-2799	1037	49	frank	frank	PROPN
taxlaw-2799	1037	50	.	.	PUNCT
taxlaw-2799	1038	1	the	the	DET
taxlaw-2799	1038	2	puzzle	puzzle	NOUN
taxlaw-2799	1038	3	,	,	PUNCT
taxlaw-2799	1038	4	therefore	therefore	ADV
taxlaw-2799	1038	5	,	,	PUNCT
taxlaw-2799	1038	6	is	be	AUX
taxlaw-2799	1038	7	how	how	SCONJ
taxlaw-2799	1038	8	to	to	PART
taxlaw-2799	1038	9	characterize	characterize	VERB
taxlaw-2799	1038	10	the	the	DET
taxlaw-2799	1038	11	idcg	idcg	PROPN
taxlaw-2799	1038	12	contract	contract	PROPN
taxlaw-2799	1038	13	post	post	PROPN
taxlaw-2799	1038	14	-	-	ADJ
taxlaw-2799	1038	15	dodd	dodd	NOUN
taxlaw-2799	1038	16	-	-	PUNCT
taxlaw-2799	1038	17	frank	frank	PROPN
taxlaw-2799	1038	18	.	.	PUNCT
taxlaw-2799	1039	1	is	be	AUX
taxlaw-2799	1039	2	an	an	DET
taxlaw-2799	1039	3	“	"	PUNCT
taxlaw-2799	1039	4	interest	interest	NOUN
taxlaw-2799	1039	5	rate	rate	NOUN
taxlaw-2799	1039	6	swap	swap	NOUN
taxlaw-2799	1039	7	”	"	PUNCT
taxlaw-2799	1039	8	within	within	ADP
taxlaw-2799	1039	9	the	the	DET
taxlaw-2799	1039	10	meaning	meaning	NOUN
taxlaw-2799	1039	11	of	of	ADP
taxlaw-2799	1039	12	the	the	DET
taxlaw-2799	1039	13	dodd	dodd	PROPN
taxlaw-2799	1039	14	-	-	PUNCT
taxlaw-2799	1039	15	frank	frank	PROPN
taxlaw-2799	1039	16	amendment	amendment	NOUN
taxlaw-2799	1039	17	,	,	PUNCT
taxlaw-2799	1039	18	or	or	CCONJ
taxlaw-2799	1039	19	is	be	AUX
taxlaw-2799	1039	20	it	it	PRON
taxlaw-2799	1039	21	a	a	DET
taxlaw-2799	1039	22	futures	future	NOUN
taxlaw-2799	1039	23	contract	contract	NOUN
taxlaw-2799	1039	24	that	that	PRON
taxlaw-2799	1039	25	qualifies	qualify	VERB
taxlaw-2799	1039	26	as	as	ADP
taxlaw-2799	1039	27	a	a	DET
taxlaw-2799	1039	28	“	"	PUNCT
taxlaw-2799	1039	29	regulated	regulated	ADJ
taxlaw-2799	1039	30	futures	future	NOUN
taxlaw-2799	1039	31	contract	contract	NOUN
taxlaw-2799	1039	32	”	"	PUNCT
taxlaw-2799	1039	33	subject	subject	NOUN
taxlaw-2799	1039	34	to	to	ADP
taxlaw-2799	1039	35	§	§	PROPN
taxlaw-2799	1039	36	1256	1256	NUM
taxlaw-2799	1039	37	?	?	PUNCT
taxlaw-2799	1040	1	it	it	PRON
taxlaw-2799	1040	2	is	be	AUX
taxlaw-2799	1040	3	immediately	immediately	ADV
taxlaw-2799	1040	4	obvious	obvious	ADJ
taxlaw-2799	1040	5	that	that	SCONJ
taxlaw-2799	1040	6	this	this	DET
taxlaw-2799	1040	7	question	question	NOUN
taxlaw-2799	1040	8	is	be	AUX
taxlaw-2799	1040	9	one	one	NUM
taxlaw-2799	1040	10	that	that	PRON
taxlaw-2799	1040	11	has	have	VERB
taxlaw-2799	1040	12	no	no	DET
taxlaw-2799	1040	13	“	"	PUNCT
taxlaw-2799	1040	14	right	right	ADJ
taxlaw-2799	1040	15	”	"	PUNCT
taxlaw-2799	1040	16	answer	answer	NOUN
taxlaw-2799	1040	17	,	,	PUNCT
taxlaw-2799	1040	18	or	or	CCONJ
taxlaw-2799	1040	19	at	at	ADV
taxlaw-2799	1040	20	least	least	ADJ
taxlaw-2799	1040	21	no	no	PRON
taxlaw-2799	1040	22	right	right	ADJ
taxlaw-2799	1040	23	answer	answer	NOUN
taxlaw-2799	1040	24	that	that	PRON
taxlaw-2799	1040	25	does	do	AUX
taxlaw-2799	1040	26	not	not	PART
taxlaw-2799	1040	27	raise	raise	VERB
taxlaw-2799	1040	28	new	new	ADJ
taxlaw-2799	1040	29	questions	question	NOUN
taxlaw-2799	1040	30	.	.	PUNCT
taxlaw-2799	1041	1	92	92	NUM
taxlaw-2799	1041	2	one	one	NUM
taxlaw-2799	1041	3	non	non	ADJ
taxlaw-2799	1041	4	-	-	ADJ
taxlaw-2799	1041	5	tax	tax	ADJ
taxlaw-2799	1041	6	question	question	NOUN
taxlaw-2799	1041	7	raised	raise	VERB
taxlaw-2799	1041	8	by	by	ADP
taxlaw-2799	1041	9	the	the	DET
taxlaw-2799	1041	10	idcg	idcg	PROPN
taxlaw-2799	1041	11	contract	contract	NOUN
taxlaw-2799	1041	12	is	be	AUX
taxlaw-2799	1041	13	what	what	PRON
taxlaw-2799	1041	14	defines	define	VERB
taxlaw-2799	1041	15	a	a	DET
taxlaw-2799	1041	16	“	"	PUNCT
taxlaw-2799	1041	17	futures	future	NOUN
taxlaw-2799	1041	18	”	"	PUNCT
taxlaw-2799	1041	19	contract	contract	NOUN
taxlaw-2799	1041	20	as	as	ADP
taxlaw-2799	1041	21	a	a	DET
taxlaw-2799	1041	22	regulatory	regulatory	ADJ
taxlaw-2799	1041	23	matter	matter	NOUN
taxlaw-2799	1041	24	?	?	PUNCT
taxlaw-2799	1042	1	is	be	AUX
taxlaw-2799	1042	2	it	it	PRON
taxlaw-2799	1042	3	simply	simply	ADV
taxlaw-2799	1042	4	a	a	DET
taxlaw-2799	1042	5	matter	matter	NOUN
taxlaw-2799	1042	6	of	of	ADP
taxlaw-2799	1042	7	obtaining	obtain	VERB
taxlaw-2799	1042	8	cftc	cftc	PROPN
taxlaw-2799	1042	9	approval	approval	NOUN
taxlaw-2799	1042	10	for	for	ADP
taxlaw-2799	1042	11	such	such	ADJ
taxlaw-2799	1042	12	characterization	characterization	NOUN
taxlaw-2799	1042	13	,	,	PUNCT
taxlaw-2799	1042	14	and	and	CCONJ
taxlaw-2799	1042	15	subjecting	subject	VERB
taxlaw-2799	1042	16	the	the	DET
taxlaw-2799	1042	17	contract	contract	NOUN
taxlaw-2799	1042	18	to	to	ADP
taxlaw-2799	1042	19	all	all	DET
taxlaw-2799	1042	20	the	the	DET
taxlaw-2799	1042	21	regulatory	regulatory	ADJ
taxlaw-2799	1042	22	rules	rule	NOUN
taxlaw-2799	1042	23	that	that	PRON
taxlaw-2799	1042	24	apply	apply	VERB
taxlaw-2799	1042	25	to	to	ADP
taxlaw-2799	1042	26	futures	future	NOUN
taxlaw-2799	1042	27	contract	contract	NOUN
taxlaw-2799	1042	28	?	?	PUNCT
taxlaw-2799	1043	1	from	from	ADP
taxlaw-2799	1043	2	the	the	DET
taxlaw-2799	1043	3	uninformed	uninformed	ADJ
taxlaw-2799	1043	4	perspective	perspective	NOUN
taxlaw-2799	1043	5	of	of	ADP
taxlaw-2799	1043	6	a	a	DET
taxlaw-2799	1043	7	tax	tax	NOUN
taxlaw-2799	1043	8	lawyer	lawyer	NOUN
taxlaw-2799	1043	9	,	,	PUNCT
taxlaw-2799	1043	10	this	this	PRON
taxlaw-2799	1043	11	seems	seem	VERB
taxlaw-2799	1043	12	to	to	PART
taxlaw-2799	1043	13	be	be	AUX
taxlaw-2799	1043	14	the	the	DET
taxlaw-2799	1043	15	equivalent	equivalent	NOUN
taxlaw-2799	1043	16	of	of	ADP
taxlaw-2799	1043	17	sprinkling	sprinkle	VERB
taxlaw-2799	1043	18	cftc	cftc	PROPN
taxlaw-2799	1043	19	pixie	pixie	NOUN
taxlaw-2799	1043	20	dust	dust	NOUN
taxlaw-2799	1043	21	over	over	ADP
taxlaw-2799	1043	22	the	the	DET
taxlaw-2799	1043	23	contract	contract	NOUN
taxlaw-2799	1043	24	,	,	PUNCT
taxlaw-2799	1043	25	particularly	particularly	ADV
taxlaw-2799	1043	26	if	if	SCONJ
taxlaw-2799	1043	27	one	one	PRON
taxlaw-2799	1043	28	compares	compare	VERB
taxlaw-2799	1043	29	it	it	PRON
taxlaw-2799	1043	30	to	to	ADP
taxlaw-2799	1043	31	an	an	DET
taxlaw-2799	1043	32	interest	interest	NOUN
taxlaw-2799	1043	33	rate	rate	NOUN
taxlaw-2799	1043	34	swap	swap	NOUN
taxlaw-2799	1043	35	that	that	PRON
taxlaw-2799	1043	36	is	be	AUX
taxlaw-2799	1043	37	cleared	clear	VERB
taxlaw-2799	1043	38	and	and	CCONJ
taxlaw-2799	1043	39	perhaps	perhaps	ADV
taxlaw-2799	1043	40	traded	trade	VERB
taxlaw-2799	1043	41	on	on	ADP
taxlaw-2799	1043	42	a	a	DET
taxlaw-2799	1043	43	similar	similar	ADJ
taxlaw-2799	1043	44	regulated	regulated	ADJ
taxlaw-2799	1043	45	market	market	NOUN
taxlaw-2799	1043	46	.	.	PUNCT
taxlaw-2799	1044	1	52	52	NUM
taxlaw-2799	1044	2	columbia	columbia	PROPN
taxlaw-2799	1044	3	jour	jour	PROPN
taxlaw-2799	1044	4	al	al	PROPN
taxlaw-2799	1044	5	of	of	ADP
taxlaw-2799	1044	6	tax	tax	NOUN
taxlaw-2799	1044	7	law	law	NOUN
taxlaw-2799	1044	8	[	[	X
taxlaw-2799	1044	9	vol	vol	NOUN
taxlaw-2799	1044	10	.	.	PUNCT
taxlaw-2799	1044	11	2:1	2:1	NUM
taxlaw-2799	1045	1	if	if	SCONJ
taxlaw-2799	1045	2	the	the	DET
taxlaw-2799	1045	3	idcg	idcg	PROPN
taxlaw-2799	1045	4	contract	contract	NOUN
taxlaw-2799	1045	5	is	be	AUX
taxlaw-2799	1045	6	not	not	PART
taxlaw-2799	1045	7	a	a	DET
taxlaw-2799	1045	8	section	section	NOUN
taxlaw-2799	1045	9	1256	1256	NUM
taxlaw-2799	1045	10	contract	contract	NOUN
taxlaw-2799	1045	11	,	,	PUNCT
taxlaw-2799	1045	12	then	then	ADV
taxlaw-2799	1045	13	there	there	PRON
taxlaw-2799	1045	14	will	will	AUX
taxlaw-2799	1045	15	be	be	AUX
taxlaw-2799	1045	16	a	a	DET
taxlaw-2799	1045	17	divergence	divergence	NOUN
taxlaw-2799	1045	18	between	between	ADP
taxlaw-2799	1045	19	the	the	DET
taxlaw-2799	1045	20	tax	tax	NOUN
taxlaw-2799	1045	21	rules	rule	NOUN
taxlaw-2799	1045	22	applicable	applicable	ADJ
taxlaw-2799	1045	23	to	to	ADP
taxlaw-2799	1045	24	some	some	DET
taxlaw-2799	1045	25	futures	future	NOUN
taxlaw-2799	1045	26	contracts	contract	NOUN
taxlaw-2799	1045	27	and	and	CCONJ
taxlaw-2799	1045	28	to	to	ADP
taxlaw-2799	1045	29	other	other	ADJ
taxlaw-2799	1045	30	futures	future	NOUN
taxlaw-2799	1045	31	contracts	contract	NOUN
taxlaw-2799	1045	32	,	,	PUNCT
taxlaw-2799	1045	33	raising	raise	VERB
taxlaw-2799	1045	34	questions	question	NOUN
taxlaw-2799	1045	35	about	about	ADP
taxlaw-2799	1045	36	how	how	SCONJ
taxlaw-2799	1045	37	those	those	DET
taxlaw-2799	1045	38	lines	line	NOUN
taxlaw-2799	1045	39	should	should	AUX
taxlaw-2799	1045	40	be	be	AUX
taxlaw-2799	1045	41	drawn	draw	VERB
taxlaw-2799	1045	42	.	.	PUNCT
taxlaw-2799	1046	1	on	on	ADP
taxlaw-2799	1046	2	the	the	DET
taxlaw-2799	1046	3	other	other	ADJ
taxlaw-2799	1046	4	hand	hand	NOUN
taxlaw-2799	1046	5	,	,	PUNCT
taxlaw-2799	1046	6	if	if	SCONJ
taxlaw-2799	1046	7	the	the	DET
taxlaw-2799	1046	8	idcg	idcg	PROPN
taxlaw-2799	1046	9	contract	contract	NOUN
taxlaw-2799	1046	10	is	be	AUX
taxlaw-2799	1046	11	a	a	DET
taxlaw-2799	1046	12	section	section	NOUN
taxlaw-2799	1046	13	1256	1256	NUM
taxlaw-2799	1046	14	contract	contract	NOUN
taxlaw-2799	1046	15	,	,	PUNCT
taxlaw-2799	1046	16	then	then	ADV
taxlaw-2799	1046	17	two	two	NUM
taxlaw-2799	1046	18	contracts	contract	NOUN
taxlaw-2799	1046	19	that	that	PRON
taxlaw-2799	1046	20	are	be	AUX
taxlaw-2799	1046	21	essentially	essentially	ADV
taxlaw-2799	1046	22	identical	identical	ADJ
taxlaw-2799	1046	23	from	from	ADP
taxlaw-2799	1046	24	an	an	DET
taxlaw-2799	1046	25	economic	economic	ADJ
taxlaw-2799	1046	26	perspective	perspective	NOUN
taxlaw-2799	1046	27	–	–	PUNCT
taxlaw-2799	1046	28	the	the	DET
taxlaw-2799	1046	29	interest	interest	NOUN
taxlaw-2799	1046	30	rate	rate	NOUN
taxlaw-2799	1046	31	swap	swap	NOUN
taxlaw-2799	1046	32	and	and	CCONJ
taxlaw-2799	1046	33	the	the	DET
taxlaw-2799	1046	34	idcg	idcg	PROPN
taxlaw-2799	1046	35	contract	contract	NOUN
taxlaw-2799	1046	36	–	–	PUNCT
taxlaw-2799	1046	37	will	will	AUX
taxlaw-2799	1046	38	be	be	AUX
taxlaw-2799	1046	39	subject	subject	ADJ
taxlaw-2799	1046	40	to	to	ADP
taxlaw-2799	1046	41	radically	radically	ADV
taxlaw-2799	1046	42	different	different	ADJ
taxlaw-2799	1046	43	tax	tax	NOUN
taxlaw-2799	1046	44	rules	rule	NOUN
taxlaw-2799	1046	45	,	,	PUNCT
taxlaw-2799	1046	46	with	with	ADP
taxlaw-2799	1046	47	all	all	PRON
taxlaw-2799	1046	48	of	of	ADP
taxlaw-2799	1046	49	the	the	DET
taxlaw-2799	1046	50	potential	potential	NOUN
taxlaw-2799	1046	51	for	for	ADP
taxlaw-2799	1046	52	whipsaw	whipsaw	NOUN
taxlaw-2799	1046	53	and	and	CCONJ
taxlaw-2799	1046	54	arbitrage	arbitrage	NOUN
taxlaw-2799	1046	55	that	that	SCONJ
taxlaw-2799	1046	56	that	that	PRON
taxlaw-2799	1046	57	raises	raise	VERB
taxlaw-2799	1046	58	.	.	PUNCT
taxlaw-2799	1047	1	it	it	PRON
taxlaw-2799	1047	2	can	can	AUX
taxlaw-2799	1047	3	be	be	AUX
taxlaw-2799	1047	4	expected	expect	VERB
taxlaw-2799	1047	5	in	in	ADP
taxlaw-2799	1047	6	that	that	DET
taxlaw-2799	1047	7	case	case	NOUN
taxlaw-2799	1047	8	that	that	SCONJ
taxlaw-2799	1047	9	taxpayers	taxpayer	NOUN
taxlaw-2799	1047	10	for	for	ADP
taxlaw-2799	1047	11	whom	whom	PRON
taxlaw-2799	1047	12	§	§	PROPN
taxlaw-2799	1047	13	1256	1256	NUM
taxlaw-2799	1047	14	treatment	treatment	NOUN
taxlaw-2799	1047	15	is	be	AUX
taxlaw-2799	1047	16	attractive	attractive	ADJ
taxlaw-2799	1047	17	would	would	AUX
taxlaw-2799	1047	18	migrate	migrate	VERB
taxlaw-2799	1047	19	to	to	ADP
taxlaw-2799	1047	20	the	the	DET
taxlaw-2799	1047	21	idcg	idcg	PROPN
taxlaw-2799	1047	22	contract	contract	NOUN
taxlaw-2799	1047	23	and	and	CCONJ
taxlaw-2799	1047	24	taxpayers	taxpayer	NOUN
taxlaw-2799	1047	25	who	who	PRON
taxlaw-2799	1047	26	wish	wish	VERB
taxlaw-2799	1047	27	to	to	PART
taxlaw-2799	1047	28	avoid	avoid	VERB
taxlaw-2799	1047	29	§	§	PROPN
taxlaw-2799	1047	30	1256	1256	NUM
taxlaw-2799	1047	31	treatment	treatment	NOUN
taxlaw-2799	1047	32	would	would	AUX
taxlaw-2799	1047	33	enter	enter	VERB
taxlaw-2799	1047	34	into	into	ADP
taxlaw-2799	1047	35	the	the	DET
taxlaw-2799	1047	36	interest	interest	NOUN
taxlaw-2799	1047	37	rate	rate	NOUN
taxlaw-2799	1047	38	swap	swap	NOUN
taxlaw-2799	1047	39	.	.	PUNCT
taxlaw-2799	1048	1	in	in	ADP
taxlaw-2799	1048	2	part	part	NOUN
taxlaw-2799	1048	3	for	for	ADP
taxlaw-2799	1048	4	that	that	DET
taxlaw-2799	1048	5	reason	reason	NOUN
taxlaw-2799	1048	6	,	,	PUNCT
taxlaw-2799	1048	7	and	and	CCONJ
taxlaw-2799	1048	8	in	in	ADP
taxlaw-2799	1048	9	part	part	NOUN
taxlaw-2799	1048	10	because	because	SCONJ
taxlaw-2799	1048	11	of	of	ADP
taxlaw-2799	1048	12	the	the	DET
taxlaw-2799	1048	13	technical	technical	ADJ
taxlaw-2799	1048	14	reasons	reason	NOUN
taxlaw-2799	1048	15	described	describe	VERB
taxlaw-2799	1048	16	in	in	ADP
taxlaw-2799	1048	17	section	section	NOUN
taxlaw-2799	1048	18	iii.c	iii.c	PROPN
taxlaw-2799	1048	19	,	,	PUNCT
taxlaw-2799	1048	20	below	below	ADV
taxlaw-2799	1048	21	,	,	PUNCT
taxlaw-2799	1048	22	to	to	ADP
taxlaw-2799	1048	23	this	this	DET
taxlaw-2799	1048	24	observer	observer	NOUN
taxlaw-2799	1048	25	the	the	DET
taxlaw-2799	1048	26	better	well	ADJ
taxlaw-2799	1048	27	answer	answer	NOUN
taxlaw-2799	1048	28	is	be	AUX
taxlaw-2799	1048	29	that	that	SCONJ
taxlaw-2799	1048	30	the	the	DET
taxlaw-2799	1048	31	idcg	idcg	PROPN
taxlaw-2799	1048	32	contract	contract	NOUN
taxlaw-2799	1048	33	should	should	AUX
taxlaw-2799	1048	34	be	be	AUX
taxlaw-2799	1048	35	treated	treat	VERB
taxlaw-2799	1048	36	as	as	ADP
taxlaw-2799	1048	37	an	an	DET
taxlaw-2799	1048	38	“	"	PUNCT
taxlaw-2799	1048	39	interest	interest	NOUN
taxlaw-2799	1048	40	rate	rate	NOUN
taxlaw-2799	1048	41	swap	swap	NOUN
taxlaw-2799	1048	42	”	"	PUNCT
taxlaw-2799	1048	43	and	and	CCONJ
taxlaw-2799	1048	44	not	not	PART
taxlaw-2799	1048	45	as	as	ADP
taxlaw-2799	1048	46	a	a	DET
taxlaw-2799	1048	47	section	section	NOUN
taxlaw-2799	1048	48	1256	1256	NUM
taxlaw-2799	1048	49	contract	contract	NOUN
taxlaw-2799	1048	50	.	.	PUNCT
taxlaw-2799	1049	1	that	that	DET
taxlaw-2799	1049	2	conclusion	conclusion	NOUN
taxlaw-2799	1049	3	is	be	AUX
taxlaw-2799	1049	4	also	also	ADV
taxlaw-2799	1049	5	based	base	VERB
taxlaw-2799	1049	6	on	on	ADP
taxlaw-2799	1049	7	the	the	DET
taxlaw-2799	1049	8	fact	fact	NOUN
taxlaw-2799	1049	9	that	that	SCONJ
taxlaw-2799	1049	10	§	§	PROPN
taxlaw-2799	1049	11	1256	1256	NUM
taxlaw-2799	1049	12	does	do	AUX
taxlaw-2799	1049	13	not	not	PART
taxlaw-2799	1049	14	address	address	VERB
taxlaw-2799	1049	15	how	how	SCONJ
taxlaw-2799	1049	16	periodic	periodic	ADJ
taxlaw-2799	1049	17	payments	payment	NOUN
taxlaw-2799	1049	18	on	on	ADP
taxlaw-2799	1049	19	a	a	DET
taxlaw-2799	1049	20	section	section	NOUN
taxlaw-2799	1049	21	1256	1256	NUM
taxlaw-2799	1049	22	contract	contract	NOUN
taxlaw-2799	1049	23	should	should	AUX
taxlaw-2799	1049	24	be	be	AUX
taxlaw-2799	1049	25	treated	treat	VERB
taxlaw-2799	1049	26	.	.	PUNCT
taxlaw-2799	1050	1	this	this	PRON
taxlaw-2799	1050	2	is	be	AUX
taxlaw-2799	1050	3	hardly	hardly	ADV
taxlaw-2799	1050	4	surprising	surprising	ADJ
taxlaw-2799	1050	5	in	in	ADP
taxlaw-2799	1050	6	light	light	NOUN
taxlaw-2799	1050	7	of	of	ADP
taxlaw-2799	1050	8	the	the	DET
taxlaw-2799	1050	9	fact	fact	NOUN
taxlaw-2799	1050	10	that	that	SCONJ
taxlaw-2799	1050	11	no	no	DET
taxlaw-2799	1050	12	contract	contract	NOUN
taxlaw-2799	1050	13	expressly	expressly	ADV
taxlaw-2799	1050	14	intended	intend	VERB
taxlaw-2799	1050	15	by	by	ADP
taxlaw-2799	1050	16	congress	congress	PROPN
taxlaw-2799	1050	17	to	to	PART
taxlaw-2799	1050	18	be	be	AUX
taxlaw-2799	1050	19	subject	subject	ADJ
taxlaw-2799	1050	20	to	to	ADP
taxlaw-2799	1050	21	§	§	PROPN
taxlaw-2799	1050	22	1256	1256	NUM
taxlaw-2799	1050	23	provides	provide	VERB
taxlaw-2799	1050	24	for	for	ADP
taxlaw-2799	1050	25	periodic	periodic	ADJ
taxlaw-2799	1050	26	payments	payment	NOUN
taxlaw-2799	1050	27	.	.	PUNCT
taxlaw-2799	1051	1	as	as	SCONJ
taxlaw-2799	1051	2	described	describe	VERB
taxlaw-2799	1051	3	below	below	ADV
taxlaw-2799	1051	4	,	,	PUNCT
taxlaw-2799	1051	5	the	the	DET
taxlaw-2799	1051	6	application	application	NOUN
taxlaw-2799	1051	7	of	of	ADP
taxlaw-2799	1051	8	§	§	PROPN
taxlaw-2799	1051	9	1256	1256	NUM
taxlaw-2799	1051	10	to	to	ADP
taxlaw-2799	1051	11	such	such	DET
taxlaw-2799	1051	12	a	a	DET
taxlaw-2799	1051	13	contract	contract	NOUN
taxlaw-2799	1051	14	would	would	AUX
taxlaw-2799	1051	15	appear	appear	VERB
taxlaw-2799	1051	16	to	to	PART
taxlaw-2799	1051	17	have	have	VERB
taxlaw-2799	1051	18	potentially	potentially	ADV
taxlaw-2799	1051	19	unfortunate	unfortunate	ADJ
taxlaw-2799	1051	20	results	result	NOUN
taxlaw-2799	1051	21	.	.	PUNCT
taxlaw-2799	1052	1	as	as	SCONJ
taxlaw-2799	1052	2	described	describe	VERB
taxlaw-2799	1052	3	in	in	ADP
taxlaw-2799	1052	4	section	section	NOUN
taxlaw-2799	1052	5	i.b.1	i.b.1	NOUN
taxlaw-2799	1052	6	,	,	PUNCT
taxlaw-2799	1052	7	above	above	ADV
taxlaw-2799	1052	8	,	,	PUNCT
taxlaw-2799	1052	9	under	under	ADP
taxlaw-2799	1052	10	the	the	DET
taxlaw-2799	1052	11	timing	timing	NOUN
taxlaw-2799	1052	12	regulations	regulation	NOUN
taxlaw-2799	1052	13	for	for	ADP
taxlaw-2799	1052	14	npcs	npc	NOUN
taxlaw-2799	1052	15	,	,	PUNCT
taxlaw-2799	1052	16	a	a	DET
taxlaw-2799	1052	17	swap	swap	NOUN
taxlaw-2799	1052	18	characterized	characterize	VERB
taxlaw-2799	1052	19	as	as	ADP
taxlaw-2799	1052	20	an	an	DET
taxlaw-2799	1052	21	npc	npc	NOUN
taxlaw-2799	1052	22	ordinarily	ordinarily	ADV
taxlaw-2799	1052	23	would	would	AUX
taxlaw-2799	1052	24	be	be	AUX
taxlaw-2799	1052	25	treated	treat	VERB
taxlaw-2799	1052	26	as	as	ADP
taxlaw-2799	1052	27	giving	give	VERB
taxlaw-2799	1052	28	rise	rise	NOUN
taxlaw-2799	1052	29	to	to	ADP
taxlaw-2799	1052	30	current	current	ADJ
taxlaw-2799	1052	31	income	income	NOUN
taxlaw-2799	1052	32	or	or	CCONJ
taxlaw-2799	1052	33	deductions	deduction	NOUN
taxlaw-2799	1052	34	in	in	ADP
taxlaw-2799	1052	35	the	the	DET
taxlaw-2799	1052	36	amount	amount	NOUN
taxlaw-2799	1052	37	of	of	ADP
taxlaw-2799	1052	38	the	the	DET
taxlaw-2799	1052	39	periodic	periodic	ADJ
taxlaw-2799	1052	40	coupon	coupon	NOUN
taxlaw-2799	1052	41	payments	payment	NOUN
taxlaw-2799	1052	42	and	and	CCONJ
taxlaw-2799	1052	43	a	a	DET
taxlaw-2799	1052	44	portion	portion	NOUN
taxlaw-2799	1052	45	of	of	ADP
taxlaw-2799	1052	46	any	any	DET
taxlaw-2799	1052	47	upfront	upfront	ADJ
taxlaw-2799	1052	48	payment	payment	NOUN
taxlaw-2799	1052	49	made	make	VERB
taxlaw-2799	1052	50	or	or	CCONJ
taxlaw-2799	1052	51	received	receive	VERB
taxlaw-2799	1052	52	to	to	PART
taxlaw-2799	1052	53	enter	enter	VERB
taxlaw-2799	1052	54	into	into	ADP
taxlaw-2799	1052	55	the	the	DET
taxlaw-2799	1052	56	npc	npc	NOUN
taxlaw-2799	1052	57	.	.	PUNCT
taxlaw-2799	1053	1	absent	absent	ADJ
taxlaw-2799	1053	2	an	an	DET
taxlaw-2799	1053	3	early	early	ADJ
taxlaw-2799	1053	4	termination	termination	NOUN
taxlaw-2799	1053	5	of	of	ADP
taxlaw-2799	1053	6	the	the	DET
taxlaw-2799	1053	7	swap	swap	NOUN
taxlaw-2799	1053	8	,	,	PUNCT
taxlaw-2799	1053	9	therefore	therefore	ADV
taxlaw-2799	1053	10	,	,	PUNCT
taxlaw-2799	1053	11	all	all	DET
taxlaw-2799	1053	12	income	income	NOUN
taxlaw-2799	1053	13	and	and	CCONJ
taxlaw-2799	1053	14	expense	expense	NOUN
taxlaw-2799	1053	15	from	from	ADP
taxlaw-2799	1053	16	a	a	DET
taxlaw-2799	1053	17	conventional	conventional	ADJ
taxlaw-2799	1053	18	swap	swap	NOUN
taxlaw-2799	1053	19	ordinarily	ordinarily	ADV
taxlaw-2799	1053	20	is	be	AUX
taxlaw-2799	1053	21	treated	treat	VERB
taxlaw-2799	1053	22	as	as	ADP
taxlaw-2799	1053	23	ordinary	ordinary	ADJ
taxlaw-2799	1053	24	income	income	NOUN
taxlaw-2799	1053	25	and	and	CCONJ
taxlaw-2799	1053	26	expense	expense	NOUN
taxlaw-2799	1053	27	.	.	PUNCT
taxlaw-2799	1054	1	because	because	SCONJ
taxlaw-2799	1054	2	the	the	DET
taxlaw-2799	1054	3	definition	definition	NOUN
taxlaw-2799	1054	4	of	of	ADP
taxlaw-2799	1054	5	an	an	DET
taxlaw-2799	1054	6	npc	npc	NOUN
taxlaw-2799	1054	7	in	in	ADP
taxlaw-2799	1054	8	the	the	DET
taxlaw-2799	1054	9	npc	npc	NOUN
taxlaw-2799	1054	10	timing	timing	NOUN
taxlaw-2799	1054	11	rules	rule	NOUN
taxlaw-2799	1054	12	excludes	exclude	VERB
taxlaw-2799	1054	13	any	any	DET
taxlaw-2799	1054	14	section	section	NOUN
taxlaw-2799	1054	15	1256	1256	NUM
taxlaw-2799	1054	16	contract	contract	NOUN
taxlaw-2799	1054	17	,	,	PUNCT
taxlaw-2799	1054	18	however	however	ADV
taxlaw-2799	1054	19	,	,	PUNCT
taxlaw-2799	1054	20	a	a	DET
taxlaw-2799	1054	21	swap	swap	NOUN
taxlaw-2799	1054	22	that	that	PRON
taxlaw-2799	1054	23	is	be	AUX
taxlaw-2799	1054	24	classified	classify	VERB
taxlaw-2799	1054	25	as	as	ADP
taxlaw-2799	1054	26	a	a	DET
taxlaw-2799	1054	27	section	section	NOUN
taxlaw-2799	1054	28	1256	1256	NUM
taxlaw-2799	1054	29	contract	contract	NOUN
taxlaw-2799	1054	30	is	be	AUX
taxlaw-2799	1054	31	not	not	PART
taxlaw-2799	1054	32	subject	subject	ADJ
taxlaw-2799	1054	33	to	to	ADP
taxlaw-2799	1054	34	the	the	DET
taxlaw-2799	1054	35	npc	npc	NOUN
taxlaw-2799	1054	36	timing	timing	NOUN
taxlaw-2799	1054	37	rules	rule	NOUN
taxlaw-2799	1054	38	,	,	PUNCT
taxlaw-2799	1054	39	including	include	VERB
taxlaw-2799	1054	40	the	the	DET
taxlaw-2799	1054	41	rules	rule	NOUN
taxlaw-2799	1054	42	that	that	PRON
taxlaw-2799	1054	43	create	create	VERB
taxlaw-2799	1054	44	deemed	deem	VERB
taxlaw-2799	1054	45	loans	loan	NOUN
taxlaw-2799	1054	46	and	and	CCONJ
taxlaw-2799	1054	47	deemed	deem	VERB
taxlaw-2799	1054	48	interest.93	interest.93	PROPN
taxlaw-2799	1054	49	this	this	PRON
taxlaw-2799	1054	50	makes	make	VERB
taxlaw-2799	1054	51	perfect	perfect	ADJ
taxlaw-2799	1054	52	sense	sense	NOUN
taxlaw-2799	1054	53	for	for	ADP
taxlaw-2799	1054	54	method	method	NOUN
taxlaw-2799	1054	55	of	of	ADP
taxlaw-2799	1054	56	accounting	accounting	NOUN
taxlaw-2799	1054	57	purposes	purpose	NOUN
taxlaw-2799	1054	58	,	,	PUNCT
taxlaw-2799	1054	59	since	since	SCONJ
taxlaw-2799	1054	60	both	both	DET
taxlaw-2799	1054	61	§	§	PROPN
taxlaw-2799	1054	62	1256	1256	NUM
taxlaw-2799	1054	63	and	and	CCONJ
taxlaw-2799	1054	64	the	the	DET
taxlaw-2799	1054	65	npc	npc	NOUN
taxlaw-2799	1054	66	rules	rule	NOUN
taxlaw-2799	1054	67	deal	deal	VERB
taxlaw-2799	1054	68	with	with	ADP
taxlaw-2799	1054	69	timing	timing	NOUN
taxlaw-2799	1054	70	and	and	CCONJ
taxlaw-2799	1054	71	there	there	PRON
taxlaw-2799	1054	72	is	be	VERB
taxlaw-2799	1054	73	no	no	DET
taxlaw-2799	1054	74	reason	reason	NOUN
taxlaw-2799	1054	75	to	to	PART
taxlaw-2799	1054	76	apply	apply	VERB
taxlaw-2799	1054	77	multiple	multiple	ADJ
taxlaw-2799	1054	78	sets	set	NOUN
taxlaw-2799	1054	79	of	of	ADP
taxlaw-2799	1054	80	rules.94	rules.94	NOUN
taxlaw-2799	1054	81	93	93	NUM
taxlaw-2799	1054	82	treas	trea	NOUN
taxlaw-2799	1054	83	.	.	PUNCT
taxlaw-2799	1055	1	reg	reg	PROPN
taxlaw-2799	1055	2	.	.	PUNCT
taxlaw-2799	1056	1	§	§	PROPN
taxlaw-2799	1056	2	1.446	1.446	NUM
taxlaw-2799	1056	3	-	-	SYM
taxlaw-2799	1056	4	3(c)(1)(ii	3(c)(1)(ii	NUM
taxlaw-2799	1056	5	)	)	PUNCT
taxlaw-2799	1056	6	(	(	PUNCT
taxlaw-2799	1056	7	1994	1994	NUM
taxlaw-2799	1056	8	)	)	PUNCT
taxlaw-2799	1056	9	.	.	PUNCT
taxlaw-2799	1057	1	94	94	NUM
taxlaw-2799	1057	2	however	however	ADV
taxlaw-2799	1057	3	,	,	PUNCT
taxlaw-2799	1057	4	the	the	DET
taxlaw-2799	1057	5	government	government	NOUN
taxlaw-2799	1057	6	has	have	AUX
taxlaw-2799	1057	7	in	in	ADP
taxlaw-2799	1057	8	the	the	DET
taxlaw-2799	1057	9	past	past	NOUN
taxlaw-2799	1057	10	taken	take	VERB
taxlaw-2799	1057	11	the	the	DET
taxlaw-2799	1057	12	view	view	NOUN
taxlaw-2799	1057	13	in	in	ADP
taxlaw-2799	1057	14	certain	certain	ADJ
taxlaw-2799	1057	15	contexts	context	NOUN
taxlaw-2799	1057	16	that	that	SCONJ
taxlaw-2799	1057	17	both	both	CCONJ
taxlaw-2799	1057	18	the	the	DET
taxlaw-2799	1057	19	“	"	PUNCT
taxlaw-2799	1057	20	normal	normal	ADJ
taxlaw-2799	1057	21	”	"	PUNCT
taxlaw-2799	1057	22	timing	timing	NOUN
taxlaw-2799	1057	23	rules	rule	NOUN
taxlaw-2799	1057	24	and	and	CCONJ
taxlaw-2799	1057	25	also	also	ADV
taxlaw-2799	1057	26	mark	mark	VERB
taxlaw-2799	1057	27	-	-	PUNCT
taxlaw-2799	1057	28	to	to	ADP
taxlaw-2799	1057	29	-	-	PUNCT
taxlaw-2799	1057	30	market	market	NOUN
taxlaw-2799	1057	31	rules	rule	NOUN
taxlaw-2799	1057	32	should	should	AUX
taxlaw-2799	1057	33	apply	apply	VERB
taxlaw-2799	1057	34	to	to	ADP
taxlaw-2799	1057	35	the	the	DET
taxlaw-2799	1057	36	same	same	ADJ
taxlaw-2799	1057	37	financial	financial	ADJ
taxlaw-2799	1057	38	instruments	instrument	NOUN
taxlaw-2799	1057	39	.	.	PUNCT
taxlaw-2799	1058	1	under	under	ADP
taxlaw-2799	1058	2	treasury	treasury	NOUN
taxlaw-2799	1058	3	regulation	regulation	NOUN
taxlaw-2799	1058	4	§	§	PROPN
taxlaw-2799	1058	5	1.446	1.446	NUM
taxlaw-2799	1058	6	-	-	SYM
taxlaw-2799	1058	7	3	3	NUM
taxlaw-2799	1058	8	,	,	PUNCT
taxlaw-2799	1058	9	§	§	PROPN
taxlaw-2799	1058	10	475	475	NUM
taxlaw-2799	1058	11	generally	generally	ADV
taxlaw-2799	1058	12	overrides	override	VERB
taxlaw-2799	1058	13	the	the	DET
taxlaw-2799	1058	14	timing	timing	NOUN
taxlaw-2799	1058	15	regulations	regulation	NOUN
taxlaw-2799	1058	16	’	'	PUNCT
taxlaw-2799	1058	17	rules	rule	NOUN
taxlaw-2799	1058	18	for	for	ADP
taxlaw-2799	1058	19	periodic	periodic	ADJ
taxlaw-2799	1058	20	and	and	CCONJ
taxlaw-2799	1058	21	nonperiodic	nonperiodic	ADJ
taxlaw-2799	1058	22	payments	payment	NOUN
taxlaw-2799	1058	23	.	.	PUNCT
taxlaw-2799	1059	1	it	it	PRON
taxlaw-2799	1059	2	is	be	AUX
taxlaw-2799	1059	3	not	not	PART
taxlaw-2799	1059	4	clear	clear	ADJ
taxlaw-2799	1059	5	,	,	PUNCT
taxlaw-2799	1059	6	however	however	ADV
taxlaw-2799	1059	7	,	,	PUNCT
taxlaw-2799	1059	8	whether	whether	SCONJ
taxlaw-2799	1059	9	§	§	PROPN
taxlaw-2799	1059	10	475	475	NUM
taxlaw-2799	1059	11	also	also	ADV
taxlaw-2799	1059	12	overrides	override	VERB
taxlaw-2799	1059	13	the	the	DET
taxlaw-2799	1059	14	rules	rule	NOUN
taxlaw-2799	1059	15	that	that	PRON
taxlaw-2799	1059	16	create	create	VERB
taxlaw-2799	1059	17	a	a	DET
taxlaw-2799	1059	18	deemed	deemed	ADJ
taxlaw-2799	1059	19	loan	loan	NOUN
taxlaw-2799	1059	20	if	if	SCONJ
taxlaw-2799	1059	21	there	there	PRON
taxlaw-2799	1059	22	is	be	VERB
taxlaw-2799	1059	23	a	a	DET
taxlaw-2799	1059	24	significant	significant	ADJ
taxlaw-2799	1059	25	nonperiodic	nonperiodic	ADJ
taxlaw-2799	1059	26	payment	payment	NOUN
taxlaw-2799	1059	27	.	.	PUNCT
taxlaw-2799	1060	1	it	it	PRON
taxlaw-2799	1060	2	may	may	AUX
taxlaw-2799	1060	3	well	well	ADV
taxlaw-2799	1060	4	be	be	AUX
taxlaw-2799	1060	5	the	the	DET
taxlaw-2799	1060	6	case	case	NOUN
taxlaw-2799	1060	7	that	that	SCONJ
taxlaw-2799	1060	8	it	it	PRON
taxlaw-2799	1060	9	does	do	AUX
taxlaw-2799	1060	10	not	not	PART
taxlaw-2799	1060	11	,	,	PUNCT
taxlaw-2799	1060	12	since	since	SCONJ
taxlaw-2799	1060	13	the	the	DET
taxlaw-2799	1060	14	author	author	NOUN
taxlaw-2799	1060	15	’s	’s	PART
taxlaw-2799	1060	16	understanding	understanding	NOUN
taxlaw-2799	1060	17	is	be	AUX
taxlaw-2799	1060	18	that	that	SCONJ
taxlaw-2799	1060	19	the	the	DET
taxlaw-2799	1060	20	principal	principal	ADJ
taxlaw-2799	1060	21	reason	reason	NOUN
taxlaw-2799	1060	22	for	for	ADP
taxlaw-2799	1060	23	the	the	DET
taxlaw-2799	1060	24	deemed	deem	VERB
taxlaw-2799	1060	25	loan	loan	NOUN
taxlaw-2799	1060	26	rule	rule	NOUN
taxlaw-2799	1060	27	was	be	AUX
taxlaw-2799	1060	28	a	a	DET
taxlaw-2799	1060	29	withholding	withholding	NOUN
taxlaw-2799	1060	30	tax	tax	NOUN
taxlaw-2799	1060	31	concern	concern	NOUN
taxlaw-2799	1060	32	,	,	PUNCT
taxlaw-2799	1060	33	namely	namely	ADV
taxlaw-2799	1060	34	that	that	SCONJ
taxlaw-2799	1060	35	related	related	ADJ
taxlaw-2799	1060	36	parties	party	NOUN
taxlaw-2799	1060	37	could	could	AUX
taxlaw-2799	1060	38	use	use	VERB
taxlaw-2799	1060	39	npcs	npc	NOUN
taxlaw-2799	1060	40	to	to	PART
taxlaw-2799	1060	41	lend	lend	VERB
taxlaw-2799	1060	42	money	money	NOUN
taxlaw-2799	1060	43	/	/	SYM
taxlaw-2799	1060	44	pay	pay	VERB
taxlaw-2799	1060	45	economic	economic	ADJ
taxlaw-2799	1060	46	interest	interest	NOUN
taxlaw-2799	1060	47	to	to	ADP
taxlaw-2799	1060	48	each	each	DET
taxlaw-2799	1060	49	other	other	ADJ
taxlaw-2799	1060	50	without	without	ADP
taxlaw-2799	1060	51	being	be	AUX
taxlaw-2799	1060	52	subject	subject	ADJ
taxlaw-2799	1060	53	to	to	ADP
taxlaw-2799	1060	54	u.s	u.s	PROPN
taxlaw-2799	1060	55	.	.	PROPN
taxlaw-2799	1060	56	withholding	withholding	NOUN
taxlaw-2799	1060	57	tax¸	tax¸	NOUN
taxlaw-2799	1060	58	i.e.	i.e.	X
taxlaw-2799	1060	59	,	,	PUNCT
taxlaw-2799	1060	60	in	in	ADP
taxlaw-2799	1060	61	a	a	DET
taxlaw-2799	1060	62	situation	situation	NOUN
taxlaw-2799	1060	63	where	where	SCONJ
taxlaw-2799	1060	64	the	the	DET
taxlaw-2799	1060	65	party	party	NOUN
taxlaw-2799	1060	66	making	make	VERB
taxlaw-2799	1060	67	the	the	DET
taxlaw-2799	1060	68	upfront	upfront	ADJ
taxlaw-2799	1060	69	payment	payment	NOUN
taxlaw-2799	1060	70	(	(	PUNCT
taxlaw-2799	1060	71	the	the	DET
taxlaw-2799	1060	72	“	"	PUNCT
taxlaw-2799	1060	73	lender	lender	NOUN
taxlaw-2799	1060	74	”	"	PUNCT
taxlaw-2799	1060	75	)	)	PUNCT
taxlaw-2799	1060	76	is	be	AUX
taxlaw-2799	1060	77	resident	resident	ADJ
taxlaw-2799	1060	78	in	in	ADP
taxlaw-2799	1060	79	a	a	DET
taxlaw-2799	1060	80	country	country	NOUN
taxlaw-2799	1060	81	that	that	PRON
taxlaw-2799	1060	82	does	do	AUX
taxlaw-2799	1060	83	not	not	PART
taxlaw-2799	1060	84	have	have	VERB
taxlaw-2799	1060	85	an	an	DET
taxlaw-2799	1060	86	income	income	NOUN
taxlaw-2799	1060	87	tax	tax	NOUN
taxlaw-2799	1060	88	treaty	treaty	NOUN
taxlaw-2799	1060	89	with	with	ADP
taxlaw-2799	1060	90	the	the	DET
taxlaw-2799	1060	91	united	united	PROPN
taxlaw-2799	1060	92	states	states	PROPN
taxlaw-2799	1060	93	providing	provide	VERB
taxlaw-2799	1060	94	for	for	ADP
taxlaw-2799	1060	95	a	a	DET
taxlaw-2799	1060	96	zero	zero	NUM
taxlaw-2799	1060	97	rate	rate	NOUN
taxlaw-2799	1060	98	of	of	ADP
taxlaw-2799	1060	99	withholding	withholding	NOUN
taxlaw-2799	1060	100	tax	tax	NOUN
taxlaw-2799	1060	101	on	on	ADP
taxlaw-2799	1060	102	interest	interest	NOUN
taxlaw-2799	1060	103	.	.	PUNCT
taxlaw-2799	1061	1	see	see	VERB
taxlaw-2799	1061	2	also	also	ADV
taxlaw-2799	1061	3	treas	treas	PROPN
taxlaw-2799	1061	4	.	.	PUNCT
taxlaw-2799	1062	1	reg	reg	PROPN
taxlaw-2799	1062	2	.	.	PUNCT
taxlaw-2799	1063	1	§	§	PROPN
taxlaw-2799	1063	2	§	§	PROPN
taxlaw-2799	1063	3	1.475(a)-1(a)-1(e	1.475(a)-1(a)-1(e	NUM
taxlaw-2799	1063	4	)	)	PUNCT
taxlaw-2799	1063	5	,	,	PUNCT
taxlaw-2799	1063	6	60	60	NUM
taxlaw-2799	1063	7	fed	feed	VERB
taxlaw-2799	1063	8	.	.	PUNCT
taxlaw-2799	1064	1	reg	reg	PROPN
taxlaw-2799	1064	2	.	.	PROPN
taxlaw-2799	1064	3	397	397	NUM
taxlaw-2799	1064	4	,	,	PUNCT
taxlaw-2799	1064	5	401	401	NUM
taxlaw-2799	1064	6	(	(	PUNCT
taxlaw-2799	1064	7	jan	jan	PROPN
taxlaw-2799	1064	8	.	.	PROPN
taxlaw-2799	1064	9	4	4	NUM
taxlaw-2799	1064	10	,	,	PUNCT
taxlaw-2799	1064	11	1995	1995	NUM
taxlaw-2799	1064	12	)	)	PUNCT
taxlaw-2799	1065	1	(	(	PUNCT
taxlaw-2799	1065	2	taxpayers	taxpayer	NOUN
taxlaw-2799	1065	3	required	require	VERB
taxlaw-2799	1065	4	to	to	PART
taxlaw-2799	1065	5	accrue	accrue	VERB
taxlaw-2799	1065	6	oid	oid	NOUN
taxlaw-2799	1065	7	and	and	CCONJ
taxlaw-2799	1065	8	bond	bond	NOUN
taxlaw-2799	1065	9	premium	premium	NOUN
taxlaw-2799	1065	10	before	before	ADP
taxlaw-2799	1065	11	marking	mark	VERB
taxlaw-2799	1065	12	debt	debt	NOUN
taxlaw-2799	1065	13	instruments	instrument	NOUN
taxlaw-2799	1065	14	held	hold	VERB
taxlaw-2799	1065	15	as	as	ADP
taxlaw-2799	1065	16	assets	asset	NOUN
taxlaw-2799	1065	17	to	to	ADP
taxlaw-2799	1065	18	market	market	NOUN
taxlaw-2799	1065	19	)	)	PUNCT
taxlaw-2799	1065	20	;	;	PUNCT
taxlaw-2799	1065	21	treas	treas	PROPN
taxlaw-2799	1065	22	.	.	PUNCT
taxlaw-2799	1065	23	reg	reg	PROPN
taxlaw-2799	1065	24	.	.	PUNCT
taxlaw-2799	1066	1	§	§	PROPN
taxlaw-2799	1066	2	1.446	1.446	NUM
taxlaw-2799	1066	3	-	-	SYM
taxlaw-2799	1066	4	3(g)(1	3(g)(1	NUM
taxlaw-2799	1066	5	)	)	PUNCT
taxlaw-2799	1067	1	,	,	PUNCT
taxlaw-2799	1067	2	69	69	NUM
taxlaw-2799	1067	3	fed	feed	VERB
taxlaw-2799	1067	4	.	.	PUNCT
taxlaw-2799	1068	1	reg	reg	PROPN
taxlaw-2799	1068	2	.	.	PROPN
taxlaw-2799	1068	3	8886	8886	NUM
taxlaw-2799	1068	4	,	,	PUNCT
taxlaw-2799	1068	5	8892	8892	NUM
taxlaw-2799	1068	6	(	(	PUNCT
taxlaw-2799	1068	7	feb	feb	PROPN
taxlaw-2799	1068	8	.	.	PROPN
taxlaw-2799	1068	9	26	26	NUM
taxlaw-2799	1068	10	,	,	PUNCT
taxlaw-2799	1068	11	2004	2004	NUM
taxlaw-2799	1068	12	)	)	PUNCT
taxlaw-2799	1068	13	(	(	PUNCT
taxlaw-2799	1068	14	mark	mark	NOUN
taxlaw-2799	1068	15	-	-	PUNCT
taxlaw-2799	1068	16	to	to	ADP
taxlaw-2799	1068	17	-	-	PUNCT
taxlaw-2799	1068	18	market	market	NOUN
taxlaw-2799	1068	19	election	election	NOUN
taxlaw-2799	1068	20	;	;	PUNCT
taxlaw-2799	1068	21	part	part	NOUN
taxlaw-2799	1068	22	of	of	ADP
taxlaw-2799	1068	23	proposed	propose	VERB
taxlaw-2799	1068	24	rules	rule	NOUN
taxlaw-2799	1068	25	for	for	ADP
taxlaw-2799	1068	26	swaps	swap	NOUN
taxlaw-2799	1068	27	with	with	ADP
taxlaw-2799	1068	28	contingent	contingent	ADJ
taxlaw-2799	1068	29	nonperiodic	nonperiodic	ADJ
taxlaw-2799	1068	30	payments	payment	NOUN
taxlaw-2799	1068	31	,	,	PUNCT
taxlaw-2799	1068	32	discussed	discuss	VERB
taxlaw-2799	1068	33	in	in	ADP
taxlaw-2799	1068	34	section	section	NOUN
taxlaw-2799	1068	35	i.b.1	i.b.1	NOUN
taxlaw-2799	1068	36	,	,	PUNCT
taxlaw-2799	1068	37	above	above	ADV
taxlaw-2799	1068	38	)	)	PUNCT
taxlaw-2799	1068	39	;	;	PUNCT
taxlaw-2799	1069	1	treas	treas	PROPN
taxlaw-2799	1069	2	.	.	PUNCT
taxlaw-2799	1070	1	reg	reg	PROPN
taxlaw-2799	1070	2	.	.	PUNCT
taxlaw-2799	1071	1	§	§	PROPN
taxlaw-2799	1071	2	1.446	1.446	NUM
taxlaw-2799	1071	3	-	-	SYM
taxlaw-2799	1071	4	3(g)(6	3(g)(6	NUM
taxlaw-2799	1071	5	)	)	PUNCT
taxlaw-2799	1071	6	,	,	PUNCT
taxlaw-2799	1071	7	69	69	NUM
taxlaw-2799	1071	8	fed	feed	VERB
taxlaw-2799	1071	9	.	.	PUNCT
taxlaw-2799	1072	1	reg	reg	NOUN
taxlaw-2799	1072	2	.	.	PUNCT
taxlaw-2799	1073	1	2011	2011	NUM
taxlaw-2799	1073	2	]	]	PUNCT
taxlaw-2799	1073	3	ew	ew	AUX
taxlaw-2799	1073	4	tax	tax	NOUN
taxlaw-2799	1073	5	issues	issue	NOUN
taxlaw-2799	1073	6	arisi	arisi	VERB
taxlaw-2799	1073	7	g	g	PROPN
taxlaw-2799	1073	8	from	from	ADP
taxlaw-2799	1073	9	the	the	DET
taxlaw-2799	1073	10	dodd	dodd	NOUN
taxlaw-2799	1073	11	-	-	PUNCT
taxlaw-2799	1073	12	fra	fra	PROPN
taxlaw-2799	1073	13	k	k	PROPN
taxlaw-2799	1073	14	act	act	PROPN
taxlaw-2799	1073	15	53	53	NUM
taxlaw-2799	1073	16	consequently	consequently	ADV
taxlaw-2799	1073	17	,	,	PUNCT
taxlaw-2799	1073	18	the	the	DET
taxlaw-2799	1073	19	timing	timing	NOUN
taxlaw-2799	1073	20	of	of	ADP
taxlaw-2799	1073	21	income	income	NOUN
taxlaw-2799	1073	22	or	or	CCONJ
taxlaw-2799	1073	23	expense	expense	NOUN
taxlaw-2799	1073	24	with	with	ADP
taxlaw-2799	1073	25	respect	respect	NOUN
taxlaw-2799	1073	26	to	to	ADP
taxlaw-2799	1073	27	periodic	periodic	ADJ
taxlaw-2799	1073	28	payments	payment	NOUN
taxlaw-2799	1073	29	would	would	AUX
taxlaw-2799	1073	30	be	be	AUX
taxlaw-2799	1073	31	governed	govern	VERB
taxlaw-2799	1073	32	by	by	ADP
taxlaw-2799	1073	33	the	the	DET
taxlaw-2799	1073	34	general	general	ADJ
taxlaw-2799	1073	35	rules	rule	NOUN
taxlaw-2799	1073	36	of	of	ADP
taxlaw-2799	1073	37	the	the	DET
taxlaw-2799	1073	38	code	code	NOUN
taxlaw-2799	1073	39	.	.	PUNCT
taxlaw-2799	1074	1	in	in	ADP
taxlaw-2799	1074	2	view	view	NOUN
taxlaw-2799	1074	3	of	of	ADP
taxlaw-2799	1074	4	the	the	DET
taxlaw-2799	1074	5	fact	fact	NOUN
taxlaw-2799	1074	6	that	that	SCONJ
taxlaw-2799	1074	7	the	the	DET
taxlaw-2799	1074	8	npc	npc	NOUN
taxlaw-2799	1074	9	timing	timing	NOUN
taxlaw-2799	1074	10	rules	rule	NOUN
taxlaw-2799	1074	11	,	,	PUNCT
taxlaw-2799	1074	12	which	which	PRON
taxlaw-2799	1074	13	are	be	AUX
taxlaw-2799	1074	14	clear	clear	ADJ
taxlaw-2799	1074	15	reflection	reflection	NOUN
taxlaw-2799	1074	16	of	of	ADP
taxlaw-2799	1074	17	income	income	NOUN
taxlaw-2799	1074	18	rules	rule	NOUN
taxlaw-2799	1074	19	,	,	PUNCT
taxlaw-2799	1074	20	provide	provide	VERB
taxlaw-2799	1074	21	for	for	ADP
taxlaw-2799	1074	22	current	current	ADJ
taxlaw-2799	1074	23	accrual	accrual	ADJ
taxlaw-2799	1074	24	of	of	ADP
taxlaw-2799	1074	25	npc	npc	NOUN
taxlaw-2799	1074	26	periodic	periodic	ADJ
taxlaw-2799	1074	27	payments	payment	NOUN
taxlaw-2799	1074	28	,	,	PUNCT
taxlaw-2799	1074	29	one	one	NUM
taxlaw-2799	1074	30	likely	likely	ADJ
taxlaw-2799	1074	31	answer	answer	NOUN
taxlaw-2799	1074	32	would	would	AUX
taxlaw-2799	1074	33	be	be	AUX
taxlaw-2799	1074	34	to	to	PART
taxlaw-2799	1074	35	conclude	conclude	VERB
taxlaw-2799	1074	36	that	that	SCONJ
taxlaw-2799	1074	37	a	a	DET
taxlaw-2799	1074	38	periodic	periodic	ADJ
taxlaw-2799	1074	39	payment	payment	NOUN
taxlaw-2799	1074	40	on	on	ADP
taxlaw-2799	1074	41	a	a	DET
taxlaw-2799	1074	42	swap	swap	NOUN
taxlaw-2799	1074	43	should	should	AUX
taxlaw-2799	1074	44	be	be	AUX
taxlaw-2799	1074	45	accrued	accrue	VERB
taxlaw-2799	1074	46	on	on	ADP
taxlaw-2799	1074	47	a	a	DET
taxlaw-2799	1074	48	current	current	ADJ
taxlaw-2799	1074	49	basis	basis	NOUN
taxlaw-2799	1074	50	.	.	PUNCT
taxlaw-2799	1075	1	as	as	ADP
taxlaw-2799	1075	2	a	a	DET
taxlaw-2799	1075	3	current	current	ADJ
taxlaw-2799	1075	4	income	income	NOUN
taxlaw-2799	1075	5	/	/	SYM
taxlaw-2799	1075	6	expense	expense	NOUN
taxlaw-2799	1075	7	item	item	NOUN
taxlaw-2799	1075	8	,	,	PUNCT
taxlaw-2799	1075	9	the	the	DET
taxlaw-2799	1075	10	payment	payment	NOUN
taxlaw-2799	1075	11	would	would	AUX
taxlaw-2799	1075	12	not	not	PART
taxlaw-2799	1075	13	affect	affect	VERB
taxlaw-2799	1075	14	the	the	DET
taxlaw-2799	1075	15	basis	basis	NOUN
taxlaw-2799	1075	16	of	of	ADP
taxlaw-2799	1075	17	the	the	DET
taxlaw-2799	1075	18	swap	swap	NOUN
taxlaw-2799	1075	19	for	for	ADP
taxlaw-2799	1075	20	purposes	purpose	NOUN
taxlaw-2799	1075	21	of	of	ADP
taxlaw-2799	1075	22	determining	determine	VERB
taxlaw-2799	1075	23	gain	gain	NOUN
taxlaw-2799	1075	24	or	or	CCONJ
taxlaw-2799	1075	25	loss	loss	NOUN
taxlaw-2799	1075	26	.	.	PUNCT
taxlaw-2799	1076	1	furthermore	furthermore	ADV
taxlaw-2799	1076	2	,	,	PUNCT
taxlaw-2799	1076	3	as	as	ADP
taxlaw-2799	1076	4	in	in	ADP
taxlaw-2799	1076	5	the	the	DET
taxlaw-2799	1076	6	case	case	NOUN
taxlaw-2799	1076	7	,	,	PUNCT
taxlaw-2799	1076	8	for	for	ADP
taxlaw-2799	1076	9	example	example	NOUN
taxlaw-2799	1076	10	,	,	PUNCT
taxlaw-2799	1076	11	with	with	ADP
taxlaw-2799	1076	12	a	a	DET
taxlaw-2799	1076	13	bond	bond	NOUN
taxlaw-2799	1076	14	with	with	ADP
taxlaw-2799	1076	15	accrued	accrue	VERB
taxlaw-2799	1076	16	interest	interest	NOUN
taxlaw-2799	1076	17	,	,	PUNCT
taxlaw-2799	1076	18	the	the	DET
taxlaw-2799	1076	19	mark	mark	NOUN
taxlaw-2799	1076	20	-	-	PUNCT
taxlaw-2799	1076	21	to	to	ADP
taxlaw-2799	1076	22	-	-	PUNCT
taxlaw-2799	1076	23	market	market	NOUN
taxlaw-2799	1076	24	of	of	ADP
taxlaw-2799	1076	25	the	the	DET
taxlaw-2799	1076	26	swap	swap	NOUN
taxlaw-2799	1076	27	at	at	ADP
taxlaw-2799	1076	28	year	year	NOUN
taxlaw-2799	1076	29	-	-	PUNCT
taxlaw-2799	1076	30	end	end	NOUN
taxlaw-2799	1076	31	should	should	AUX
taxlaw-2799	1076	32	not	not	PART
taxlaw-2799	1076	33	take	take	VERB
taxlaw-2799	1076	34	into	into	ADP
taxlaw-2799	1076	35	account	account	NOUN
taxlaw-2799	1076	36	accrued	accrue	VERB
taxlaw-2799	1076	37	ordinary	ordinary	ADJ
taxlaw-2799	1076	38	income	income	NOUN
taxlaw-2799	1076	39	or	or	CCONJ
taxlaw-2799	1076	40	expense	expense	NOUN
taxlaw-2799	1076	41	.	.	PUNCT
taxlaw-2799	1077	1	otherwise	otherwise	ADV
taxlaw-2799	1077	2	,	,	PUNCT
taxlaw-2799	1077	3	that	that	DET
taxlaw-2799	1077	4	amount	amount	NOUN
taxlaw-2799	1077	5	would	would	AUX
taxlaw-2799	1077	6	be	be	AUX
taxlaw-2799	1077	7	double	double	ADJ
taxlaw-2799	1077	8	-	-	PUNCT
taxlaw-2799	1077	9	counted	counted	ADJ
taxlaw-2799	1077	10	:	:	PUNCT
taxlaw-2799	1077	11	once	once	ADV
taxlaw-2799	1077	12	as	as	SCONJ
taxlaw-2799	1077	13	income	income	NOUN
taxlaw-2799	1077	14	/	/	SYM
taxlaw-2799	1077	15	expense	expense	NOUN
taxlaw-2799	1077	16	and	and	CCONJ
taxlaw-2799	1077	17	once	once	ADV
taxlaw-2799	1077	18	as	as	ADP
taxlaw-2799	1077	19	an	an	DET
taxlaw-2799	1077	20	increase	increase	NOUN
taxlaw-2799	1077	21	/	/	SYM
taxlaw-2799	1077	22	decrease	decrease	NOUN
taxlaw-2799	1077	23	in	in	ADP
taxlaw-2799	1077	24	value	value	NOUN
taxlaw-2799	1077	25	.	.	PUNCT
taxlaw-2799	1078	1	assume	assume	VERB
taxlaw-2799	1078	2	for	for	ADP
taxlaw-2799	1078	3	example	example	NOUN
taxlaw-2799	1078	4	that	that	SCONJ
taxlaw-2799	1078	5	parties	party	NOUN
taxlaw-2799	1078	6	a	a	PRON
taxlaw-2799	1078	7	and	and	CCONJ
taxlaw-2799	1078	8	b	b	NOUN
taxlaw-2799	1078	9	enter	enter	VERB
taxlaw-2799	1078	10	into	into	ADP
taxlaw-2799	1078	11	a	a	DET
taxlaw-2799	1078	12	conventional	conventional	ADJ
taxlaw-2799	1078	13	at	at	ADP
taxlaw-2799	1078	14	-	-	PUNCT
taxlaw-2799	1078	15	market	market	NOUN
taxlaw-2799	1078	16	swap	swap	NOUN
taxlaw-2799	1078	17	under	under	ADP
taxlaw-2799	1078	18	which	which	PRON
taxlaw-2799	1078	19	party	party	NOUN
taxlaw-2799	1078	20	a	a	DET
taxlaw-2799	1078	21	agrees	agree	VERB
taxlaw-2799	1078	22	to	to	PART
taxlaw-2799	1078	23	pay	pay	VERB
taxlaw-2799	1078	24	6	6	NUM
taxlaw-2799	1078	25	percent	percent	NOUN
taxlaw-2799	1078	26	multiplied	multiply	VERB
taxlaw-2799	1078	27	by	by	ADP
taxlaw-2799	1078	28	$	$	SYM
taxlaw-2799	1078	29	100	100	NUM
taxlaw-2799	1078	30	million	million	NUM
taxlaw-2799	1078	31	and	and	CCONJ
taxlaw-2799	1078	32	party	party	PROPN
taxlaw-2799	1078	33	b	b	PROPN
taxlaw-2799	1078	34	agrees	agree	VERB
taxlaw-2799	1078	35	to	to	PART
taxlaw-2799	1078	36	pay	pay	VERB
taxlaw-2799	1078	37	libor	libor	PROPN
taxlaw-2799	1078	38	multiplied	multiply	VERB
taxlaw-2799	1078	39	by	by	ADP
taxlaw-2799	1078	40	$	$	SYM
taxlaw-2799	1078	41	100	100	NUM
taxlaw-2799	1078	42	million	million	NUM
taxlaw-2799	1078	43	,	,	PUNCT
taxlaw-2799	1078	44	annually	annually	ADV
taxlaw-2799	1078	45	(	(	PUNCT
taxlaw-2799	1078	46	for	for	ADP
taxlaw-2799	1078	47	ease	ease	NOUN
taxlaw-2799	1078	48	of	of	ADP
taxlaw-2799	1078	49	calculation	calculation	NOUN
taxlaw-2799	1078	50	)	)	PUNCT
taxlaw-2799	1078	51	for	for	ADP
taxlaw-2799	1078	52	5	5	NUM
taxlaw-2799	1078	53	years	year	NOUN
taxlaw-2799	1078	54	.	.	PUNCT
taxlaw-2799	1079	1	during	during	ADP
taxlaw-2799	1079	2	the	the	DET
taxlaw-2799	1079	3	course	course	NOUN
taxlaw-2799	1079	4	of	of	ADP
taxlaw-2799	1079	5	the	the	DET
taxlaw-2799	1079	6	first	first	ADJ
taxlaw-2799	1079	7	year	year	NOUN
taxlaw-2799	1079	8	,	,	PUNCT
taxlaw-2799	1079	9	libor	libor	PROPN
taxlaw-2799	1079	10	is	be	AUX
taxlaw-2799	1079	11	4	4	NUM
taxlaw-2799	1079	12	percent	percent	NOUN
taxlaw-2799	1079	13	and	and	CCONJ
taxlaw-2799	1079	14	a	a	DET
taxlaw-2799	1079	15	net	net	ADJ
taxlaw-2799	1079	16	2	2	NUM
taxlaw-2799	1079	17	percent	percent	NOUN
taxlaw-2799	1079	18	coupon	coupon	NOUN
taxlaw-2799	1079	19	accrues	accrue	VERB
taxlaw-2799	1079	20	and	and	CCONJ
taxlaw-2799	1079	21	,	,	PUNCT
taxlaw-2799	1079	22	at	at	ADP
taxlaw-2799	1079	23	or	or	CCONJ
taxlaw-2799	1079	24	just	just	ADV
taxlaw-2799	1079	25	before	before	ADP
taxlaw-2799	1079	26	year	year	NOUN
taxlaw-2799	1079	27	-	-	PUNCT
taxlaw-2799	1079	28	end	end	NOUN
taxlaw-2799	1079	29	,	,	PUNCT
taxlaw-2799	1079	30	is	be	AUX
taxlaw-2799	1079	31	paid	pay	VERB
taxlaw-2799	1079	32	.	.	PUNCT
taxlaw-2799	1080	1	party	party	PROPN
taxlaw-2799	1080	2	a	a	PRON
taxlaw-2799	1080	3	therefore	therefore	ADV
taxlaw-2799	1080	4	has	have	VERB
taxlaw-2799	1080	5	$	$	SYM
taxlaw-2799	1080	6	2	2	NUM
taxlaw-2799	1080	7	million	million	NUM
taxlaw-2799	1080	8	of	of	ADP
taxlaw-2799	1080	9	swap	swap	NOUN
taxlaw-2799	1080	10	expense	expense	NOUN
taxlaw-2799	1080	11	and	and	CCONJ
taxlaw-2799	1080	12	party	party	PROPN
taxlaw-2799	1080	13	b	b	PROPN
taxlaw-2799	1080	14	has	have	VERB
taxlaw-2799	1080	15	$	$	SYM
taxlaw-2799	1080	16	2	2	NUM
taxlaw-2799	1080	17	million	million	NUM
taxlaw-2799	1080	18	of	of	ADP
taxlaw-2799	1080	19	swap	swap	NOUN
taxlaw-2799	1080	20	income	income	NOUN
taxlaw-2799	1080	21	.	.	PUNCT
taxlaw-2799	1081	1	if	if	SCONJ
taxlaw-2799	1081	2	the	the	DET
taxlaw-2799	1081	3	swap	swap	NOUN
taxlaw-2799	1081	4	has	have	AUX
taxlaw-2799	1081	5	not	not	PART
taxlaw-2799	1081	6	changed	change	VERB
taxlaw-2799	1081	7	in	in	ADP
taxlaw-2799	1081	8	value	value	NOUN
taxlaw-2799	1081	9	at	at	ADP
taxlaw-2799	1081	10	year	year	NOUN
taxlaw-2799	1081	11	-	-	PUNCT
taxlaw-2799	1081	12	end	end	NOUN
taxlaw-2799	1081	13	,	,	PUNCT
taxlaw-2799	1081	14	the	the	DET
taxlaw-2799	1081	15	parties	party	NOUN
taxlaw-2799	1081	16	will	will	AUX
taxlaw-2799	1081	17	take	take	VERB
taxlaw-2799	1081	18	those	those	DET
taxlaw-2799	1081	19	amounts	amount	NOUN
taxlaw-2799	1081	20	into	into	ADP
taxlaw-2799	1081	21	income	income	NOUN
taxlaw-2799	1081	22	/	/	SYM
taxlaw-2799	1081	23	expense	expense	NOUN
taxlaw-2799	1081	24	and	and	CCONJ
taxlaw-2799	1081	25	nothing	nothing	PRON
taxlaw-2799	1081	26	else	else	ADV
taxlaw-2799	1081	27	.	.	PUNCT
taxlaw-2799	1082	1	if	if	SCONJ
taxlaw-2799	1082	2	,	,	PUNCT
taxlaw-2799	1082	3	however	however	ADV
taxlaw-2799	1082	4	,	,	PUNCT
taxlaw-2799	1082	5	the	the	DET
taxlaw-2799	1082	6	swap	swap	NOUN
taxlaw-2799	1082	7	also	also	ADV
taxlaw-2799	1082	8	has	have	AUX
taxlaw-2799	1082	9	changed	change	VERB
taxlaw-2799	1082	10	in	in	ADP
taxlaw-2799	1082	11	value	value	NOUN
taxlaw-2799	1082	12	in	in	ADP
taxlaw-2799	1082	13	party	party	PROPN
taxlaw-2799	1082	14	a	a	DET
taxlaw-2799	1082	15	’s	’s	ADJ
taxlaw-2799	1082	16	favor	favor	NOUN
taxlaw-2799	1082	17	,	,	PUNCT
taxlaw-2799	1082	18	say	say	VERB
taxlaw-2799	1082	19	by	by	ADP
taxlaw-2799	1082	20	$	$	SYM
taxlaw-2799	1082	21	10	10	NUM
taxlaw-2799	1082	22	million	million	NUM
taxlaw-2799	1082	23	,	,	PUNCT
taxlaw-2799	1082	24	party	party	NOUN
taxlaw-2799	1082	25	a	a	PRON
taxlaw-2799	1082	26	will	will	AUX
taxlaw-2799	1082	27	have	have	VERB
taxlaw-2799	1082	28	$	$	SYM
taxlaw-2799	1082	29	2	2	NUM
taxlaw-2799	1082	30	million	million	NUM
taxlaw-2799	1082	31	of	of	ADP
taxlaw-2799	1082	32	ordinary	ordinary	ADJ
taxlaw-2799	1082	33	deduction	deduction	NOUN
taxlaw-2799	1082	34	and	and	CCONJ
taxlaw-2799	1082	35	$	$	SYM
taxlaw-2799	1082	36	10	10	NUM
taxlaw-2799	1082	37	million	million	NUM
taxlaw-2799	1082	38	of	of	ADP
taxlaw-2799	1082	39	capital	capital	NOUN
taxlaw-2799	1082	40	gain	gain	NOUN
taxlaw-2799	1082	41	,	,	PUNCT
taxlaw-2799	1082	42	while	while	SCONJ
taxlaw-2799	1082	43	party	party	PROPN
taxlaw-2799	1082	44	b	b	PROPN
taxlaw-2799	1082	45	will	will	AUX
taxlaw-2799	1082	46	have	have	VERB
taxlaw-2799	1082	47	$	$	SYM
taxlaw-2799	1082	48	2	2	NUM
taxlaw-2799	1082	49	million	million	NUM
taxlaw-2799	1082	50	of	of	ADP
taxlaw-2799	1082	51	ordinary	ordinary	ADJ
taxlaw-2799	1082	52	income	income	NOUN
taxlaw-2799	1082	53	and	and	CCONJ
taxlaw-2799	1082	54	$	$	SYM
taxlaw-2799	1082	55	10	10	NUM
taxlaw-2799	1082	56	million	million	NUM
taxlaw-2799	1082	57	of	of	ADP
taxlaw-2799	1082	58	capital	capital	NOUN
taxlaw-2799	1082	59	loss	loss	NOUN
taxlaw-2799	1082	60	.	.	PUNCT
taxlaw-2799	1083	1	that	that	PRON
taxlaw-2799	1083	2	is	is	ADV
taxlaw-2799	1083	3	,	,	PUNCT
taxlaw-2799	1083	4	the	the	DET
taxlaw-2799	1083	5	coupon	coupon	NOUN
taxlaw-2799	1083	6	payments	payment	NOUN
taxlaw-2799	1083	7	on	on	ADP
taxlaw-2799	1083	8	this	this	DET
taxlaw-2799	1083	9	swap	swap	NOUN
taxlaw-2799	1083	10	are	be	AUX
taxlaw-2799	1083	11	items	item	NOUN
taxlaw-2799	1083	12	separate	separate	ADJ
taxlaw-2799	1083	13	from	from	ADP
taxlaw-2799	1083	14	the	the	DET
taxlaw-2799	1083	15	mark	mark	NOUN
taxlaw-2799	1083	16	-	-	PUNCT
taxlaw-2799	1083	17	to	to	ADP
taxlaw-2799	1083	18	-	-	PUNCT
taxlaw-2799	1083	19	market	market	NOUN
taxlaw-2799	1083	20	gain	gain	NOUN
taxlaw-2799	1083	21	or	or	CCONJ
taxlaw-2799	1083	22	loss	loss	NOUN
taxlaw-2799	1083	23	.	.	PUNCT
taxlaw-2799	1084	1	this	this	PRON
taxlaw-2799	1084	2	is	be	AUX
taxlaw-2799	1084	3	a	a	DET
taxlaw-2799	1084	4	highly	highly	ADV
taxlaw-2799	1084	5	unusual	unusual	ADJ
taxlaw-2799	1084	6	fact	fact	NOUN
taxlaw-2799	1084	7	pattern	pattern	NOUN
taxlaw-2799	1084	8	,	,	PUNCT
taxlaw-2799	1084	9	since	since	SCONJ
taxlaw-2799	1084	10	typically	typically	ADV
taxlaw-2799	1084	11	mark	mark	VERB
taxlaw-2799	1084	12	-	-	PUNCT
taxlaw-2799	1084	13	to	to	ADP
taxlaw-2799	1084	14	-	-	PUNCT
taxlaw-2799	1084	15	market	market	NOUN
taxlaw-2799	1084	16	arises	arise	VERB
taxlaw-2799	1084	17	either	either	CCONJ
taxlaw-2799	1084	18	under	under	ADP
taxlaw-2799	1084	19	§	§	PROPN
taxlaw-2799	1084	20	475	475	NUM
taxlaw-2799	1084	21	for	for	ADP
taxlaw-2799	1084	22	a	a	DET
taxlaw-2799	1084	23	dealer	dealer	NOUN
taxlaw-2799	1084	24	or	or	CCONJ
taxlaw-2799	1084	25	trader	trader	NOUN
taxlaw-2799	1084	26	for	for	ADP
taxlaw-2799	1084	27	whom	whom	PRON
taxlaw-2799	1084	28	any	any	DET
taxlaw-2799	1084	29	gain	gain	NOUN
taxlaw-2799	1084	30	or	or	CCONJ
taxlaw-2799	1084	31	loss	loss	NOUN
taxlaw-2799	1084	32	is	be	AUX
taxlaw-2799	1084	33	ordinary,95	ordinary,95	ADJ
taxlaw-2799	1084	34	or	or	CCONJ
taxlaw-2799	1084	35	under	under	ADP
taxlaw-2799	1084	36	§	§	PROPN
taxlaw-2799	1084	37	1256	1256	NUM
taxlaw-2799	1084	38	with	with	ADP
taxlaw-2799	1084	39	respect	respect	NOUN
taxlaw-2799	1084	40	to	to	ADP
taxlaw-2799	1084	41	contracts	contract	NOUN
taxlaw-2799	1084	42	that	that	PRON
taxlaw-2799	1084	43	do	do	AUX
taxlaw-2799	1084	44	not	not	PART
taxlaw-2799	1084	45	give	give	VERB
taxlaw-2799	1084	46	rise	rise	NOUN
taxlaw-2799	1084	47	to	to	ADP
taxlaw-2799	1084	48	ordinary	ordinary	ADJ
taxlaw-2799	1084	49	income	income	NOUN
taxlaw-2799	1084	50	or	or	CCONJ
taxlaw-2799	1084	51	expense	expense	NOUN
taxlaw-2799	1084	52	.	.	PUNCT
taxlaw-2799	1085	1	one	one	NUM
taxlaw-2799	1085	2	very	very	ADV
taxlaw-2799	1085	3	broadly	broadly	ADV
taxlaw-2799	1085	4	comparable	comparable	ADJ
taxlaw-2799	1085	5	fact	fact	NOUN
taxlaw-2799	1085	6	pattern	pattern	NOUN
taxlaw-2799	1085	7	is	be	AUX
taxlaw-2799	1085	8	a	a	DET
taxlaw-2799	1085	9	mixed	mixed	ADJ
taxlaw-2799	1085	10	straddle	straddle	NOUN
taxlaw-2799	1085	11	in	in	ADP
taxlaw-2799	1085	12	which	which	PRON
taxlaw-2799	1085	13	at	at	ADP
taxlaw-2799	1085	14	least	least	ADV
taxlaw-2799	1085	15	one	one	NUM
taxlaw-2799	1085	16	position	position	NOUN
taxlaw-2799	1085	17	is	be	AUX
taxlaw-2799	1085	18	ordinary	ordinary	ADJ
taxlaw-2799	1085	19	and	and	CCONJ
taxlaw-2799	1085	20	at	at	ADV
taxlaw-2799	1085	21	least	least	ADV
taxlaw-2799	1085	22	one	one	NUM
taxlaw-2799	1085	23	position	position	NOUN
taxlaw-2799	1085	24	is	be	AUX
taxlaw-2799	1085	25	capital	capital	NOUN
taxlaw-2799	1085	26	;	;	PUNCT
taxlaw-2799	1085	27	in	in	ADP
taxlaw-2799	1085	28	that	that	DET
taxlaw-2799	1085	29	case	case	NOUN
taxlaw-2799	1085	30	,	,	PUNCT
taxlaw-2799	1085	31	congress	congress	PROPN
taxlaw-2799	1085	32	has	have	AUX
taxlaw-2799	1085	33	granted	grant	VERB
taxlaw-2799	1085	34	authority	authority	NOUN
taxlaw-2799	1085	35	to	to	PART
taxlaw-2799	1085	36	treasury	treasury	VERB
taxlaw-2799	1085	37	to	to	PART
taxlaw-2799	1085	38	write	write	VERB
taxlaw-2799	1085	39	regulations	regulation	NOUN
taxlaw-2799	1085	40	mitigating	mitigate	VERB
taxlaw-2799	1085	41	the	the	DET
taxlaw-2799	1085	42	whipsaw	whipsaw	NOUN
taxlaw-2799	1085	43	potential.96	potential.96	NOUN
taxlaw-2799	1085	44	a	a	DET
taxlaw-2799	1085	45	taxpayer	taxpayer	NOUN
taxlaw-2799	1085	46	in	in	ADP
taxlaw-2799	1085	47	this	this	DET
taxlaw-2799	1085	48	situation	situation	NOUN
taxlaw-2799	1085	49	may	may	AUX
taxlaw-2799	1085	50	be	be	AUX
taxlaw-2799	1085	51	concerned	concern	VERB
taxlaw-2799	1085	52	not	not	PART
taxlaw-2799	1085	53	only	only	ADV
taxlaw-2799	1085	54	about	about	ADP
taxlaw-2799	1085	55	ordinary	ordinary	ADJ
taxlaw-2799	1085	56	/	/	SYM
taxlaw-2799	1085	57	capital	capital	NOUN
taxlaw-2799	1085	58	mismatches	mismatch	NOUN
taxlaw-2799	1085	59	from	from	ADP
taxlaw-2799	1085	60	the	the	DET
taxlaw-2799	1085	61	swap	swap	NOUN
taxlaw-2799	1085	62	itself	itself	PRON
taxlaw-2799	1085	63	,	,	PUNCT
taxlaw-2799	1085	64	but	but	CCONJ
taxlaw-2799	1085	65	also	also	ADV
taxlaw-2799	1085	66	with	with	ADP
taxlaw-2799	1085	67	timing	timing	NOUN
taxlaw-2799	1085	68	and	and	CCONJ
taxlaw-2799	1085	69	possibly	possibly	ADV
taxlaw-2799	1085	70	character	character	VERB
taxlaw-2799	1085	71	mismatches	mismatch	NOUN
taxlaw-2799	1085	72	with	with	ADP
taxlaw-2799	1085	73	and	and	CCONJ
taxlaw-2799	1085	74	asset	asset	NOUN
taxlaw-2799	1085	75	or	or	CCONJ
taxlaw-2799	1085	76	liability	liability	NOUN
taxlaw-2799	1085	77	that	that	PRON
taxlaw-2799	1085	78	the	the	DET
taxlaw-2799	1085	79	swap	swap	NOUN
taxlaw-2799	1085	80	hedges	hedge	NOUN
taxlaw-2799	1085	81	.	.	PUNCT
taxlaw-2799	1086	1	as	as	SCONJ
taxlaw-2799	1086	2	described	describe	VERB
taxlaw-2799	1086	3	above	above	ADV
taxlaw-2799	1086	4	,	,	PUNCT
taxlaw-2799	1086	5	interest	interest	NOUN
taxlaw-2799	1086	6	rate	rate	NOUN
taxlaw-2799	1086	7	and	and	CCONJ
taxlaw-2799	1086	8	foreign	foreign	ADJ
taxlaw-2799	1086	9	currency	currency	NOUN
taxlaw-2799	1086	10	swaps	swap	NOUN
taxlaw-2799	1086	11	are	be	AUX
taxlaw-2799	1086	12	widely	widely	ADV
taxlaw-2799	1086	13	used	use	VERB
taxlaw-2799	1086	14	by	by	ADP
taxlaw-2799	1086	15	corporate	corporate	ADJ
taxlaw-2799	1086	16	and	and	CCONJ
taxlaw-2799	1086	17	other	other	ADJ
taxlaw-2799	1086	18	taxpayers	taxpayer	NOUN
taxlaw-2799	1086	19	to	to	PART
taxlaw-2799	1086	20	hedge	hedge	VERB
taxlaw-2799	1086	21	assets	asset	NOUN
taxlaw-2799	1086	22	and	and	CCONJ
taxlaw-2799	1086	23	liabilities	liability	NOUN
taxlaw-2799	1086	24	,	,	PUNCT
taxlaw-2799	1086	25	8886	8886	NUM
taxlaw-2799	1086	26	,	,	PUNCT
taxlaw-2799	1086	27	8892	8892	NUM
taxlaw-2799	1086	28	(	(	PUNCT
taxlaw-2799	1086	29	feb	feb	PROPN
taxlaw-2799	1086	30	.	.	PROPN
taxlaw-2799	1086	31	26	26	NUM
taxlaw-2799	1086	32	,	,	PUNCT
taxlaw-2799	1086	33	2004	2004	NUM
taxlaw-2799	1086	34	)	)	PUNCT
taxlaw-2799	1086	35	(	(	PUNCT
taxlaw-2799	1086	36	requiring	require	VERB
taxlaw-2799	1086	37	creation	creation	NOUN
taxlaw-2799	1086	38	of	of	ADP
taxlaw-2799	1086	39	deemed	deem	VERB
taxlaw-2799	1086	40	loans	loan	NOUN
taxlaw-2799	1086	41	and	and	CCONJ
taxlaw-2799	1086	42	then	then	ADV
taxlaw-2799	1086	43	the	the	DET
taxlaw-2799	1086	44	application	application	NOUN
taxlaw-2799	1086	45	of	of	ADP
taxlaw-2799	1086	46	a	a	DET
taxlaw-2799	1086	47	complex	complex	ADJ
taxlaw-2799	1086	48	quasi	quasi	ADJ
taxlaw-2799	1086	49	-	-	ADJ
taxlaw-2799	1086	50	mark	mark	ADJ
taxlaw-2799	1086	51	-	-	PUNCT
taxlaw-2799	1086	52	to	to	ADP
taxlaw-2799	1086	53	-	-	PUNCT
taxlaw-2799	1086	54	market	market	NOUN
taxlaw-2799	1086	55	regime	regime	NOUN
taxlaw-2799	1086	56	whose	whose	DET
taxlaw-2799	1086	57	principal	principal	ADJ
taxlaw-2799	1086	58	purpose	purpose	NOUN
taxlaw-2799	1086	59	seems	seem	VERB
taxlaw-2799	1086	60	to	to	PART
taxlaw-2799	1086	61	be	be	AUX
taxlaw-2799	1086	62	to	to	PART
taxlaw-2799	1086	63	encourage	encourage	VERB
taxlaw-2799	1086	64	taxpayers	taxpayer	NOUN
taxlaw-2799	1086	65	to	to	PART
taxlaw-2799	1086	66	elect	elect	VERB
taxlaw-2799	1086	67	to	to	PART
taxlaw-2799	1086	68	use	use	VERB
taxlaw-2799	1086	69	the	the	DET
taxlaw-2799	1086	70	“	"	PUNCT
taxlaw-2799	1086	71	real	real	ADJ
taxlaw-2799	1086	72	”	"	PUNCT
taxlaw-2799	1086	73	mark	mark	NOUN
taxlaw-2799	1086	74	-	-	PUNCT
taxlaw-2799	1086	75	to	to	ADP
taxlaw-2799	1086	76	-	-	PUNCT
taxlaw-2799	1086	77	market	market	NOUN
taxlaw-2799	1086	78	regime	regime	NOUN
taxlaw-2799	1086	79	in	in	ADP
taxlaw-2799	1086	80	subsection	subsection	NOUN
taxlaw-2799	1086	81	(	(	PUNCT
taxlaw-2799	1086	82	i	i	NOUN
taxlaw-2799	1086	83	)	)	PUNCT
taxlaw-2799	1086	84	)	)	PUNCT
taxlaw-2799	1086	85	.	.	PUNCT
taxlaw-2799	1087	1	taxpayers	taxpayer	NOUN
taxlaw-2799	1087	2	have	have	AUX
taxlaw-2799	1087	3	strongly	strongly	ADV
taxlaw-2799	1087	4	objected	object	VERB
taxlaw-2799	1087	5	to	to	ADP
taxlaw-2799	1087	6	both	both	PRON
taxlaw-2799	1087	7	of	of	ADP
taxlaw-2799	1087	8	these	these	DET
taxlaw-2799	1087	9	proposed	propose	VERB
taxlaw-2799	1087	10	regulations	regulation	NOUN
taxlaw-2799	1087	11	as	as	ADP
taxlaw-2799	1087	12	unnecessarily	unnecessarily	ADV
taxlaw-2799	1087	13	cumbersome	cumbersome	ADJ
taxlaw-2799	1087	14	and	and	CCONJ
taxlaw-2799	1087	15	serving	serve	VERB
taxlaw-2799	1087	16	no	no	DET
taxlaw-2799	1087	17	purpose	purpose	NOUN
taxlaw-2799	1087	18	.	.	PUNCT
taxlaw-2799	1088	1	95	95	NUM
taxlaw-2799	1089	1	it	it	PRON
taxlaw-2799	1089	2	is	be	AUX
taxlaw-2799	1089	3	possible	possible	ADJ
taxlaw-2799	1089	4	for	for	SCONJ
taxlaw-2799	1089	5	mark	mark	NOUN
taxlaw-2799	1089	6	-	-	PUNCT
taxlaw-2799	1089	7	to	to	ADP
taxlaw-2799	1089	8	-	-	PUNCT
taxlaw-2799	1089	9	market	market	NOUN
taxlaw-2799	1089	10	gain	gain	NOUN
taxlaw-2799	1089	11	or	or	CCONJ
taxlaw-2799	1089	12	loss	loss	NOUN
taxlaw-2799	1089	13	to	to	PART
taxlaw-2799	1089	14	be	be	AUX
taxlaw-2799	1089	15	capital	capital	NOUN
taxlaw-2799	1089	16	for	for	ADP
taxlaw-2799	1089	17	a	a	DET
taxlaw-2799	1089	18	dealer	dealer	NOUN
taxlaw-2799	1089	19	in	in	ADP
taxlaw-2799	1089	20	securities	security	NOUN
taxlaw-2799	1089	21	,	,	PUNCT
taxlaw-2799	1089	22	if	if	SCONJ
taxlaw-2799	1089	23	the	the	DET
taxlaw-2799	1089	24	securities	security	NOUN
taxlaw-2799	1089	25	in	in	ADP
taxlaw-2799	1089	26	question	question	NOUN
taxlaw-2799	1089	27	are	be	AUX
taxlaw-2799	1089	28	not	not	PART
taxlaw-2799	1089	29	held	hold	VERB
taxlaw-2799	1089	30	in	in	ADP
taxlaw-2799	1089	31	connection	connection	NOUN
taxlaw-2799	1089	32	with	with	ADP
taxlaw-2799	1089	33	the	the	DET
taxlaw-2799	1089	34	dealer	dealer	NOUN
taxlaw-2799	1089	35	’s	’s	PART
taxlaw-2799	1089	36	activities	activity	NOUN
taxlaw-2799	1089	37	as	as	ADP
taxlaw-2799	1089	38	a	a	DET
taxlaw-2799	1089	39	dealer	dealer	NOUN
taxlaw-2799	1089	40	in	in	ADP
taxlaw-2799	1089	41	securities	security	NOUN
taxlaw-2799	1089	42	.	.	PUNCT
taxlaw-2799	1090	1	i.r.c	i.r.c	PROPN
taxlaw-2799	1090	2	.	.	PUNCT
taxlaw-2799	1091	1	§	§	PROPN
taxlaw-2799	1091	2	475(d)(3)(b)(ii	475(d)(3)(b)(ii	NUM
taxlaw-2799	1091	3	)	)	PUNCT
taxlaw-2799	1091	4	(	(	PUNCT
taxlaw-2799	1091	5	2010	2010	NUM
taxlaw-2799	1091	6	)	)	PUNCT
taxlaw-2799	1091	7	.	.	PUNCT
taxlaw-2799	1092	1	dealers	dealer	NOUN
taxlaw-2799	1092	2	generally	generally	ADV
taxlaw-2799	1092	3	take	take	VERB
taxlaw-2799	1092	4	the	the	DET
taxlaw-2799	1092	5	position	position	NOUN
taxlaw-2799	1092	6	,	,	PUNCT
taxlaw-2799	1092	7	however	however	ADV
taxlaw-2799	1092	8	,	,	PUNCT
taxlaw-2799	1092	9	that	that	SCONJ
taxlaw-2799	1092	10	all	all	PRON
taxlaw-2799	1092	11	or	or	CCONJ
taxlaw-2799	1092	12	most	most	ADJ
taxlaw-2799	1092	13	of	of	ADP
taxlaw-2799	1092	14	their	their	PRON
taxlaw-2799	1092	15	activities	activity	NOUN
taxlaw-2799	1092	16	are	be	AUX
taxlaw-2799	1092	17	connected	connect	VERB
taxlaw-2799	1092	18	to	to	ADP
taxlaw-2799	1092	19	their	their	PRON
taxlaw-2799	1092	20	securities	security	NOUN
taxlaw-2799	1092	21	dealer	dealer	NOUN
taxlaw-2799	1092	22	activities	activity	NOUN
taxlaw-2799	1092	23	.	.	PUNCT
taxlaw-2799	1093	1	96	96	NUM
taxlaw-2799	1093	2	i.r.c	i.r.c	NOUN
taxlaw-2799	1093	3	.	.	PUNCT
taxlaw-2799	1094	1	§	§	PROPN
taxlaw-2799	1094	2	1092(b)(2)(d	1092(b)(2)(d	NUM
taxlaw-2799	1094	3	)	)	PUNCT
taxlaw-2799	1094	4	(	(	PUNCT
taxlaw-2799	1094	5	2010	2010	NUM
taxlaw-2799	1094	6	)	)	PUNCT
taxlaw-2799	1094	7	.	.	PUNCT
taxlaw-2799	1095	1	54	54	NUM
taxlaw-2799	1095	2	columbia	columbia	PROPN
taxlaw-2799	1095	3	jour	jour	PROPN
taxlaw-2799	1095	4	al	al	PROPN
taxlaw-2799	1095	5	of	of	ADP
taxlaw-2799	1095	6	tax	tax	NOUN
taxlaw-2799	1095	7	law	law	NOUN
taxlaw-2799	1095	8	[	[	X
taxlaw-2799	1095	9	vol	vol	NOUN
taxlaw-2799	1095	10	.	.	PUNCT
taxlaw-2799	1095	11	2:1	2:1	NUM
taxlaw-2799	1095	12	including	include	VERB
taxlaw-2799	1095	13	debt	debt	NOUN
taxlaw-2799	1095	14	,	,	PUNCT
taxlaw-2799	1095	15	that	that	PRON
taxlaw-2799	1095	16	have	have	VERB
taxlaw-2799	1095	17	interest	interest	NOUN
taxlaw-2799	1095	18	rate	rate	NOUN
taxlaw-2799	1095	19	terms	term	NOUN
taxlaw-2799	1095	20	or	or	CCONJ
taxlaw-2799	1095	21	are	be	AUX
taxlaw-2799	1095	22	otherwise	otherwise	ADV
taxlaw-2799	1095	23	interest	interest	NOUN
taxlaw-2799	1095	24	ratesensitive	ratesensitive	NOUN
taxlaw-2799	1095	25	.	.	PUNCT
taxlaw-2799	1096	1	in	in	ADP
taxlaw-2799	1096	2	any	any	DET
taxlaw-2799	1096	3	case	case	NOUN
taxlaw-2799	1096	4	where	where	SCONJ
taxlaw-2799	1096	5	a	a	DET
taxlaw-2799	1096	6	swap	swap	NOUN
taxlaw-2799	1096	7	is	be	AUX
taxlaw-2799	1096	8	entered	enter	VERB
taxlaw-2799	1096	9	into	into	ADP
taxlaw-2799	1096	10	as	as	ADP
taxlaw-2799	1096	11	a	a	DET
taxlaw-2799	1096	12	hedge	hedge	NOUN
taxlaw-2799	1096	13	,	,	PUNCT
taxlaw-2799	1096	14	the	the	DET
taxlaw-2799	1096	15	taxpayer	taxpayer	NOUN
taxlaw-2799	1096	16	is	be	AUX
taxlaw-2799	1096	17	likely	likely	ADJ
taxlaw-2799	1096	18	to	to	PART
taxlaw-2799	1096	19	wish	wish	VERB
taxlaw-2799	1096	20	the	the	DET
taxlaw-2799	1096	21	timing	timing	NOUN
taxlaw-2799	1096	22	of	of	ADP
taxlaw-2799	1096	23	its	its	PRON
taxlaw-2799	1096	24	income	income	NOUN
taxlaw-2799	1096	25	and	and	CCONJ
taxlaw-2799	1096	26	expense	expense	NOUN
taxlaw-2799	1096	27	from	from	ADP
taxlaw-2799	1096	28	the	the	DET
taxlaw-2799	1096	29	swap	swap	NOUN
taxlaw-2799	1096	30	to	to	PART
taxlaw-2799	1096	31	correspond	correspond	VERB
taxlaw-2799	1096	32	to	to	ADP
taxlaw-2799	1096	33	the	the	DET
taxlaw-2799	1096	34	timing	timing	NOUN
taxlaw-2799	1096	35	of	of	ADP
taxlaw-2799	1096	36	the	the	DET
taxlaw-2799	1096	37	related	related	ADJ
taxlaw-2799	1096	38	income	income	NOUN
taxlaw-2799	1096	39	and	and	CCONJ
taxlaw-2799	1096	40	expense	expense	NOUN
taxlaw-2799	1096	41	from	from	ADP
taxlaw-2799	1096	42	the	the	DET
taxlaw-2799	1096	43	hedged	hedge	VERB
taxlaw-2799	1096	44	position	position	NOUN
taxlaw-2799	1096	45	.	.	PUNCT
taxlaw-2799	1097	1	the	the	DET
taxlaw-2799	1097	2	taxpayer	taxpayer	NOUN
taxlaw-2799	1097	3	is	be	AUX
taxlaw-2799	1097	4	likely	likely	ADJ
taxlaw-2799	1097	5	to	to	PART
taxlaw-2799	1097	6	be	be	AUX
taxlaw-2799	1097	7	unhappy	unhappy	ADJ
taxlaw-2799	1097	8	about	about	ADP
taxlaw-2799	1097	9	being	be	AUX
taxlaw-2799	1097	10	required	require	VERB
taxlaw-2799	1097	11	by	by	ADP
taxlaw-2799	1097	12	law	law	NOUN
taxlaw-2799	1097	13	to	to	PART
taxlaw-2799	1097	14	use	use	VERB
taxlaw-2799	1097	15	a	a	DET
taxlaw-2799	1097	16	mark	mark	NOUN
taxlaw-2799	1097	17	-	-	PUNCT
taxlaw-2799	1097	18	to	to	ADP
taxlaw-2799	1097	19	-	-	PUNCT
taxlaw-2799	1097	20	market	market	NOUN
taxlaw-2799	1097	21	method	method	NOUN
taxlaw-2799	1097	22	of	of	ADP
taxlaw-2799	1097	23	accounting	accounting	NOUN
taxlaw-2799	1097	24	.	.	PUNCT
taxlaw-2799	1098	1	the	the	DET
taxlaw-2799	1098	2	taxpayer	taxpayer	NOUN
taxlaw-2799	1098	3	that	that	PRON
taxlaw-2799	1098	4	is	be	AUX
taxlaw-2799	1098	5	hedging	hedge	VERB
taxlaw-2799	1098	6	its	its	PRON
taxlaw-2799	1098	7	position	position	NOUN
taxlaw-2799	1098	8	is	be	AUX
taxlaw-2799	1098	9	also	also	ADV
taxlaw-2799	1098	10	likely	likely	ADJ
taxlaw-2799	1098	11	to	to	PART
taxlaw-2799	1098	12	find	find	VERB
taxlaw-2799	1098	13	itself	itself	PRON
taxlaw-2799	1098	14	subject	subject	ADJ
taxlaw-2799	1098	15	to	to	ADP
taxlaw-2799	1098	16	the	the	DET
taxlaw-2799	1098	17	tax	tax	NOUN
taxlaw-2799	1098	18	straddle	straddle	NOUN
taxlaw-2799	1098	19	rules	rule	NOUN
taxlaw-2799	1098	20	of	of	ADP
taxlaw-2799	1098	21	§	§	PROPN
taxlaw-2799	1098	22	1092	1092	NUM
taxlaw-2799	1098	23	.	.	PUNCT
taxlaw-2799	1099	1	such	such	DET
taxlaw-2799	1099	2	a	a	DET
taxlaw-2799	1099	3	taxpayer	taxpayer	NOUN
taxlaw-2799	1099	4	would	would	AUX
taxlaw-2799	1099	5	be	be	AUX
taxlaw-2799	1099	6	taxable	taxable	ADJ
taxlaw-2799	1099	7	on	on	ADP
taxlaw-2799	1099	8	mark	mark	NOUN
taxlaw-2799	1099	9	-	-	PUNCT
taxlaw-2799	1099	10	to	to	ADP
taxlaw-2799	1099	11	-	-	PUNCT
taxlaw-2799	1099	12	market	market	NOUN
taxlaw-2799	1099	13	gain	gain	NOUN
taxlaw-2799	1099	14	from	from	ADP
taxlaw-2799	1099	15	the	the	DET
taxlaw-2799	1099	16	swap	swap	NOUN
taxlaw-2799	1099	17	,	,	PUNCT
taxlaw-2799	1099	18	but	but	CCONJ
taxlaw-2799	1099	19	likely	likely	ADV
taxlaw-2799	1099	20	would	would	AUX
taxlaw-2799	1099	21	not	not	PART
taxlaw-2799	1099	22	be	be	AUX
taxlaw-2799	1099	23	able	able	ADJ
taxlaw-2799	1099	24	to	to	PART
taxlaw-2799	1099	25	deduct	deduct	VERB
taxlaw-2799	1099	26	mark	mark	NOUN
taxlaw-2799	1099	27	-	-	PUNCT
taxlaw-2799	1099	28	to	to	ADP
taxlaw-2799	1099	29	-	-	PUNCT
taxlaw-2799	1099	30	market	market	NOUN
taxlaw-2799	1099	31	losses	loss	NOUN
taxlaw-2799	1099	32	as	as	ADP
taxlaw-2799	1099	33	a	a	DET
taxlaw-2799	1099	34	result	result	NOUN
taxlaw-2799	1099	35	of	of	ADP
taxlaw-2799	1099	36	economically	economically	ADV
taxlaw-2799	1099	37	offsetting	offset	VERB
taxlaw-2799	1099	38	gains	gain	NOUN
taxlaw-2799	1099	39	on	on	ADP
taxlaw-2799	1099	40	the	the	DET
taxlaw-2799	1099	41	hedged	hedge	VERB
taxlaw-2799	1099	42	position	position	NOUN
taxlaw-2799	1099	43	.	.	PUNCT
taxlaw-2799	1100	1	assuming	assume	VERB
taxlaw-2799	1100	2	that	that	SCONJ
taxlaw-2799	1100	3	the	the	DET
taxlaw-2799	1100	4	hedged	hedge	VERB
taxlaw-2799	1100	5	position	position	NOUN
taxlaw-2799	1100	6	is	be	AUX
taxlaw-2799	1100	7	a	a	DET
taxlaw-2799	1100	8	capital	capital	NOUN
taxlaw-2799	1100	9	asset	asset	NOUN
taxlaw-2799	1100	10	,	,	PUNCT
taxlaw-2799	1100	11	the	the	DET
taxlaw-2799	1100	12	taxpayer	taxpayer	NOUN
taxlaw-2799	1100	13	could	could	AUX
taxlaw-2799	1100	14	not	not	PART
taxlaw-2799	1100	15	make	make	VERB
taxlaw-2799	1100	16	a	a	DET
taxlaw-2799	1100	17	§	§	PROPN
taxlaw-2799	1100	18	1221	1221	NUM
taxlaw-2799	1100	19	hedging	hedging	NOUN
taxlaw-2799	1100	20	transaction	transaction	NOUN
taxlaw-2799	1100	21	election	election	NOUN
taxlaw-2799	1100	22	or	or	CCONJ
taxlaw-2799	1100	23	a	a	DET
taxlaw-2799	1100	24	§	§	PROPN
taxlaw-2799	1100	25	1256(e	1256(e	ADJ
taxlaw-2799	1100	26	)	)	PUNCT
taxlaw-2799	1100	27	election	election	NOUN
taxlaw-2799	1100	28	to	to	PART
taxlaw-2799	1100	29	remove	remove	VERB
taxlaw-2799	1100	30	the	the	DET
taxlaw-2799	1100	31	swap	swap	NOUN
taxlaw-2799	1100	32	from	from	ADP
taxlaw-2799	1100	33	the	the	DET
taxlaw-2799	1100	34	application	application	NOUN
taxlaw-2799	1100	35	of	of	ADP
taxlaw-2799	1100	36	§	§	PROPN
taxlaw-2799	1100	37	1256	1256	NUM
taxlaw-2799	1100	38	.	.	PUNCT
taxlaw-2799	1101	1	depending	depend	VERB
taxlaw-2799	1101	2	on	on	ADP
taxlaw-2799	1101	3	the	the	DET
taxlaw-2799	1101	4	facts	fact	NOUN
taxlaw-2799	1101	5	,	,	PUNCT
taxlaw-2799	1101	6	the	the	DET
taxlaw-2799	1101	7	taxpayer	taxpayer	NOUN
taxlaw-2799	1101	8	also	also	ADV
taxlaw-2799	1101	9	might	might	AUX
taxlaw-2799	1101	10	not	not	PART
taxlaw-2799	1101	11	be	be	AUX
taxlaw-2799	1101	12	able	able	ADJ
taxlaw-2799	1101	13	to	to	PART
taxlaw-2799	1101	14	make	make	VERB
taxlaw-2799	1101	15	an	an	DET
taxlaw-2799	1101	16	integration	integration	NOUN
taxlaw-2799	1101	17	election	election	NOUN
taxlaw-2799	1101	18	under	under	ADP
taxlaw-2799	1101	19	treasury	treasury	NOUN
taxlaw-2799	1101	20	regulation	regulation	NOUN
taxlaw-2799	1101	21	§	§	PROPN
taxlaw-2799	1101	22	1.1275	1.1275	NUM
taxlaw-2799	1101	23	-	-	SYM
taxlaw-2799	1101	24	6	6	NUM
taxlaw-2799	1101	25	,	,	PUNCT
taxlaw-2799	1101	26	for	for	ADP
taxlaw-2799	1101	27	example	example	NOUN
taxlaw-2799	1101	28	because	because	SCONJ
taxlaw-2799	1101	29	the	the	DET
taxlaw-2799	1101	30	precision	precision	NOUN
taxlaw-2799	1101	31	in	in	ADP
taxlaw-2799	1101	32	matching	match	VERB
taxlaw-2799	1101	33	timing	timing	NOUN
taxlaw-2799	1101	34	and	and	CCONJ
taxlaw-2799	1101	35	amounts	amount	NOUN
taxlaw-2799	1101	36	of	of	ADP
taxlaw-2799	1101	37	cash	cash	NOUN
taxlaw-2799	1101	38	flows	flow	NOUN
taxlaw-2799	1101	39	required	require	VERB
taxlaw-2799	1101	40	by	by	ADP
taxlaw-2799	1101	41	that	that	DET
taxlaw-2799	1101	42	section	section	NOUN
taxlaw-2799	1101	43	may	may	AUX
taxlaw-2799	1101	44	not	not	PART
taxlaw-2799	1101	45	be	be	AUX
taxlaw-2799	1101	46	satisfied	satisfied	ADJ
taxlaw-2799	1101	47	.	.	PUNCT
taxlaw-2799	1102	1	the	the	DET
taxlaw-2799	1102	2	taxpayer	taxpayer	NOUN
taxlaw-2799	1102	3	could	could	AUX
taxlaw-2799	1102	4	potentially	potentially	ADV
taxlaw-2799	1102	5	make	make	VERB
taxlaw-2799	1102	6	one	one	NUM
taxlaw-2799	1102	7	of	of	ADP
taxlaw-2799	1102	8	various	various	ADJ
taxlaw-2799	1102	9	elections	election	NOUN
taxlaw-2799	1102	10	under	under	ADP
taxlaw-2799	1102	11	the	the	DET
taxlaw-2799	1102	12	straddle	straddle	NOUN
taxlaw-2799	1102	13	rules	rule	NOUN
taxlaw-2799	1102	14	,	,	PUNCT
taxlaw-2799	1102	15	including	include	VERB
taxlaw-2799	1102	16	the	the	DET
taxlaw-2799	1102	17	“	"	PUNCT
taxlaw-2799	1102	18	identified	identify	VERB
taxlaw-2799	1102	19	straddle	straddle	NOUN
taxlaw-2799	1102	20	”	"	PUNCT
taxlaw-2799	1102	21	election	election	NOUN
taxlaw-2799	1102	22	of	of	ADP
taxlaw-2799	1102	23	§	§	NOUN
taxlaw-2799	1102	24	1092(a)(2	1092(a)(2	NOUN
taxlaw-2799	1102	25	)	)	PUNCT
taxlaw-2799	1102	26	,	,	PUNCT
taxlaw-2799	1102	27	the	the	DET
taxlaw-2799	1102	28	“	"	PUNCT
taxlaw-2799	1102	29	straddle	straddle	NOUN
taxlaw-2799	1102	30	-	-	PUNCT
taxlaw-2799	1102	31	by	by	ADP
taxlaw-2799	1102	32	-	-	PUNCT
taxlaw-2799	1102	33	straddle	straddle	NOUN
taxlaw-2799	1102	34	identification	identification	NOUN
taxlaw-2799	1102	35	”	"	PUNCT
taxlaw-2799	1102	36	election	election	NOUN
taxlaw-2799	1102	37	of	of	ADP
taxlaw-2799	1102	38	§	§	PROPN
taxlaw-2799	1102	39	1092(b)(2)(a)(i)(i	1092(b)(2)(a)(i)(i	NUM
taxlaw-2799	1102	40	)	)	PUNCT
taxlaw-2799	1102	41	for	for	ADP
taxlaw-2799	1102	42	mixed	mixed	ADJ
taxlaw-2799	1102	43	straddles	straddle	NOUN
taxlaw-2799	1102	44	,	,	PUNCT
taxlaw-2799	1102	45	or	or	CCONJ
taxlaw-2799	1102	46	the	the	DET
taxlaw-2799	1102	47	“	"	PUNCT
taxlaw-2799	1102	48	mixed	mixed	ADJ
taxlaw-2799	1102	49	straddle	straddle	NOUN
taxlaw-2799	1102	50	account	account	NOUN
taxlaw-2799	1102	51	”	"	PUNCT
taxlaw-2799	1102	52	election	election	NOUN
taxlaw-2799	1102	53	of	of	ADP
taxlaw-2799	1102	54	§	§	PROPN
taxlaw-2799	1102	55	1092(b)(2)(a)(i)(ii	1092(b)(2)(a)(i)(ii	NUM
taxlaw-2799	1102	56	)	)	PUNCT
taxlaw-2799	1102	57	,	,	PUNCT
taxlaw-2799	1102	58	but	but	CCONJ
taxlaw-2799	1102	59	each	each	PRON
taxlaw-2799	1102	60	of	of	ADP
taxlaw-2799	1102	61	these	these	DET
taxlaw-2799	1102	62	elections	election	NOUN
taxlaw-2799	1102	63	have	have	VERB
taxlaw-2799	1102	64	complexities	complexity	NOUN
taxlaw-2799	1102	65	,	,	PUNCT
taxlaw-2799	1102	66	limitations	limitation	NOUN
taxlaw-2799	1102	67	and	and	CCONJ
taxlaw-2799	1102	68	disadvantages	disadvantage	NOUN
taxlaw-2799	1102	69	that	that	PRON
taxlaw-2799	1102	70	make	make	VERB
taxlaw-2799	1102	71	them	they	PRON
taxlaw-2799	1102	72	generally	generally	ADV
taxlaw-2799	1102	73	highly	highly	ADV
taxlaw-2799	1102	74	imperfect	imperfect	ADJ
taxlaw-2799	1102	75	solutions	solution	NOUN
taxlaw-2799	1102	76	.	.	PUNCT
taxlaw-2799	1103	1	in	in	ADP
taxlaw-2799	1103	2	many	many	ADJ
taxlaw-2799	1103	3	cases	case	NOUN
taxlaw-2799	1103	4	,	,	PUNCT
taxlaw-2799	1103	5	the	the	DET
taxlaw-2799	1103	6	taxpayer	taxpayer	NOUN
taxlaw-2799	1103	7	’s	’s	PART
taxlaw-2799	1103	8	best	good	ADJ
taxlaw-2799	1103	9	option	option	NOUN
taxlaw-2799	1103	10	may	may	AUX
taxlaw-2799	1103	11	be	be	AUX
taxlaw-2799	1103	12	a	a	DET
taxlaw-2799	1103	13	“	"	PUNCT
taxlaw-2799	1103	14	mixed	mixed	ADJ
taxlaw-2799	1103	15	straddle	straddle	NOUN
taxlaw-2799	1103	16	”	"	PUNCT
taxlaw-2799	1103	17	election	election	NOUN
taxlaw-2799	1103	18	under	under	ADP
taxlaw-2799	1103	19	§	§	PROPN
taxlaw-2799	1103	20	1256(d	1256(d	NOUN
taxlaw-2799	1103	21	)	)	PUNCT
taxlaw-2799	1103	22	to	to	PART
taxlaw-2799	1103	23	remove	remove	VERB
taxlaw-2799	1103	24	the	the	DET
taxlaw-2799	1103	25	contract	contract	NOUN
taxlaw-2799	1103	26	from	from	ADP
taxlaw-2799	1103	27	the	the	DET
taxlaw-2799	1103	28	scope	scope	NOUN
taxlaw-2799	1103	29	of	of	ADP
taxlaw-2799	1103	30	§	§	PROPN
taxlaw-2799	1103	31	1256	1256	NUM
taxlaw-2799	1103	32	,	,	PUNCT
taxlaw-2799	1103	33	as	as	ADP
taxlaw-2799	1103	34	§	§	PROPN
taxlaw-2799	1103	35	1256(d	1256(d	NOUN
taxlaw-2799	1103	36	)	)	PUNCT
taxlaw-2799	1103	37	imposes	impose	VERB
taxlaw-2799	1103	38	relatively	relatively	ADV
taxlaw-2799	1103	39	modest	modest	ADJ
taxlaw-2799	1103	40	conditions	condition	NOUN
taxlaw-2799	1103	41	.	.	PUNCT
taxlaw-2799	1104	1	there	there	PRON
taxlaw-2799	1104	2	is	be	VERB
taxlaw-2799	1104	3	no	no	DET
taxlaw-2799	1104	4	discernible	discernible	ADJ
taxlaw-2799	1104	5	tax	tax	NOUN
taxlaw-2799	1104	6	policy	policy	NOUN
taxlaw-2799	1104	7	reason	reason	NOUN
taxlaw-2799	1104	8	that	that	PRON
taxlaw-2799	1104	9	would	would	AUX
taxlaw-2799	1104	10	favor	favor	VERB
taxlaw-2799	1104	11	subjecting	subject	VERB
taxlaw-2799	1104	12	taxpayers	taxpayer	NOUN
taxlaw-2799	1104	13	of	of	ADP
taxlaw-2799	1104	14	this	this	DET
taxlaw-2799	1104	15	kind	kind	NOUN
taxlaw-2799	1104	16	to	to	ADP
taxlaw-2799	1104	17	a	a	DET
taxlaw-2799	1104	18	mark	mark	VERB
taxlaw-2799	1104	19	-	-	PUNCT
taxlaw-2799	1104	20	to	to	ADP
taxlaw-2799	1104	21	-	-	PUNCT
taxlaw-2799	1104	22	market	market	NOUN
taxlaw-2799	1104	23	regime	regime	NOUN
taxlaw-2799	1104	24	for	for	ADP
taxlaw-2799	1104	25	swaps	swap	NOUN
taxlaw-2799	1104	26	.	.	PUNCT
taxlaw-2799	1105	1	indeed	indeed	ADV
taxlaw-2799	1105	2	,	,	PUNCT
taxlaw-2799	1105	3	the	the	DET
taxlaw-2799	1105	4	fact	fact	NOUN
taxlaw-2799	1105	5	that	that	SCONJ
taxlaw-2799	1105	6	an	an	DET
taxlaw-2799	1105	7	onerous	onerous	ADJ
taxlaw-2799	1105	8	anti	anti	ADJ
taxlaw-2799	1105	9	-	-	ADJ
taxlaw-2799	1105	10	abuse	abuse	ADJ
taxlaw-2799	1105	11	rule	rule	NOUN
taxlaw-2799	1105	12	may	may	AUX
taxlaw-2799	1105	13	well	well	ADV
taxlaw-2799	1105	14	apply	apply	VERB
taxlaw-2799	1105	15	if	if	SCONJ
taxlaw-2799	1105	16	the	the	DET
taxlaw-2799	1105	17	taxpayer	taxpayer	NOUN
taxlaw-2799	1105	18	could	could	AUX
taxlaw-2799	1105	19	elect	elect	VERB
taxlaw-2799	1105	20	to	to	PART
taxlaw-2799	1105	21	use	use	VERB
taxlaw-2799	1105	22	a	a	DET
taxlaw-2799	1105	23	mark	mark	NOUN
taxlaw-2799	1105	24	-	-	PUNCT
taxlaw-2799	1105	25	to	to	ADP
taxlaw-2799	1105	26	-	-	PUNCT
taxlaw-2799	1105	27	market	market	NOUN
taxlaw-2799	1105	28	method	method	NOUN
taxlaw-2799	1105	29	of	of	ADP
taxlaw-2799	1105	30	accounting	account	VERB
taxlaw-2799	1105	31	for	for	ADP
taxlaw-2799	1105	32	a	a	DET
taxlaw-2799	1105	33	swap	swap	NOUN
taxlaw-2799	1105	34	suggests	suggest	VERB
taxlaw-2799	1105	35	to	to	ADP
taxlaw-2799	1105	36	this	this	DET
taxlaw-2799	1105	37	observer	observer	NOUN
taxlaw-2799	1105	38	that	that	SCONJ
taxlaw-2799	1105	39	uncertainty	uncertainty	NOUN
taxlaw-2799	1105	40	over	over	ADP
taxlaw-2799	1105	41	the	the	DET
taxlaw-2799	1105	42	scope	scope	NOUN
taxlaw-2799	1105	43	of	of	ADP
taxlaw-2799	1105	44	§	§	PROPN
taxlaw-2799	1105	45	1256	1256	NUM
taxlaw-2799	1105	46	should	should	AUX
taxlaw-2799	1105	47	be	be	AUX
taxlaw-2799	1105	48	resolved	resolve	VERB
taxlaw-2799	1105	49	in	in	ADP
taxlaw-2799	1105	50	favor	favor	NOUN
taxlaw-2799	1105	51	of	of	ADP
taxlaw-2799	1105	52	not	not	PART
taxlaw-2799	1105	53	requiring	require	VERB
taxlaw-2799	1105	54	taxpayers	taxpayer	NOUN
taxlaw-2799	1105	55	to	to	PART
taxlaw-2799	1105	56	mark	mark	VERB
taxlaw-2799	1105	57	their	their	PRON
taxlaw-2799	1105	58	swaps	swap	NOUN
taxlaw-2799	1105	59	to	to	ADP
taxlaw-2799	1105	60	market	market	NOUN
taxlaw-2799	1105	61	.	.	PUNCT
taxlaw-2799	1106	1	in	in	ADP
taxlaw-2799	1106	2	practice	practice	NOUN
taxlaw-2799	1106	3	,	,	PUNCT
taxlaw-2799	1106	4	if	if	SCONJ
taxlaw-2799	1106	5	a	a	DET
taxlaw-2799	1106	6	taxpayer	taxpayer	NOUN
taxlaw-2799	1106	7	’s	’s	PART
taxlaw-2799	1106	8	treasury	treasury	PROPN
taxlaw-2799	1106	9	department	department	NOUN
taxlaw-2799	1106	10	consults	consult	NOUN
taxlaw-2799	1106	11	in	in	ADP
taxlaw-2799	1106	12	advance	advance	NOUN
taxlaw-2799	1106	13	with	with	ADP
taxlaw-2799	1106	14	its	its	PRON
taxlaw-2799	1106	15	tax	tax	NOUN
taxlaw-2799	1106	16	department	department	NOUN
taxlaw-2799	1106	17	(	(	PUNCT
taxlaw-2799	1106	18	which	which	PRON
taxlaw-2799	1106	19	should	should	AUX
taxlaw-2799	1106	20	not	not	PART
taxlaw-2799	1106	21	be	be	AUX
taxlaw-2799	1106	22	assumed	assume	VERB
taxlaw-2799	1106	23	to	to	PART
taxlaw-2799	1106	24	take	take	VERB
taxlaw-2799	1106	25	place	place	NOUN
taxlaw-2799	1106	26	as	as	ADP
taxlaw-2799	1106	27	a	a	DET
taxlaw-2799	1106	28	matter	matter	NOUN
taxlaw-2799	1106	29	of	of	ADP
taxlaw-2799	1106	30	course	course	NOUN
taxlaw-2799	1106	31	)	)	PUNCT
taxlaw-2799	1106	32	,	,	PUNCT
taxlaw-2799	1106	33	these	these	DET
taxlaw-2799	1106	34	issues	issue	NOUN
taxlaw-2799	1106	35	will	will	AUX
taxlaw-2799	1106	36	not	not	PART
taxlaw-2799	1106	37	be	be	AUX
taxlaw-2799	1106	38	a	a	DET
taxlaw-2799	1106	39	problem	problem	NOUN
taxlaw-2799	1106	40	for	for	ADP
taxlaw-2799	1106	41	interest	interest	NOUN
taxlaw-2799	1106	42	rate	rate	NOUN
taxlaw-2799	1106	43	swaps	swap	NOUN
taxlaw-2799	1106	44	,	,	PUNCT
taxlaw-2799	1106	45	because	because	SCONJ
taxlaw-2799	1106	46	the	the	DET
taxlaw-2799	1106	47	taxpayer	taxpayer	NOUN
taxlaw-2799	1106	48	can	can	AUX
taxlaw-2799	1106	49	always	always	ADV
taxlaw-2799	1106	50	choose	choose	VERB
taxlaw-2799	1106	51	to	to	PART
taxlaw-2799	1106	52	enter	enter	VERB
taxlaw-2799	1106	53	into	into	ADP
taxlaw-2799	1106	54	a	a	DET
taxlaw-2799	1106	55	non	non	ADJ
taxlaw-2799	1106	56	-	-	ADJ
taxlaw-2799	1106	57	futures	futures	ADJ
taxlaw-2799	1106	58	interest	interest	NOUN
taxlaw-2799	1106	59	rate	rate	NOUN
taxlaw-2799	1106	60	swap	swap	NOUN
taxlaw-2799	1106	61	.	.	PUNCT
taxlaw-2799	1107	1	however	however	ADV
taxlaw-2799	1107	2	,	,	PUNCT
taxlaw-2799	1107	3	the	the	DET
taxlaw-2799	1107	4	discussion	discussion	NOUN
taxlaw-2799	1107	5	above	above	ADV
taxlaw-2799	1107	6	illustrates	illustrate	VERB
taxlaw-2799	1107	7	the	the	DET
taxlaw-2799	1107	8	potential	potential	ADJ
taxlaw-2799	1107	9	problems	problem	NOUN
taxlaw-2799	1107	10	that	that	PRON
taxlaw-2799	1107	11	could	could	AUX
taxlaw-2799	1107	12	arise	arise	VERB
taxlaw-2799	1107	13	if	if	SCONJ
taxlaw-2799	1107	14	other	other	ADJ
taxlaw-2799	1107	15	types	type	NOUN
taxlaw-2799	1107	16	of	of	ADP
taxlaw-2799	1107	17	derivatives	derivative	NOUN
taxlaw-2799	1107	18	with	with	ADP
taxlaw-2799	1107	19	periodic	periodic	ADJ
taxlaw-2799	1107	20	income	income	NOUN
taxlaw-2799	1107	21	/	/	SYM
taxlaw-2799	1107	22	expense	expense	NOUN
taxlaw-2799	1107	23	payments	payment	NOUN
taxlaw-2799	1107	24	were	be	AUX
taxlaw-2799	1107	25	treated	treat	VERB
taxlaw-2799	1107	26	as	as	ADP
taxlaw-2799	1107	27	section	section	NOUN
taxlaw-2799	1107	28	1256	1256	NUM
taxlaw-2799	1107	29	contracts	contract	NOUN
taxlaw-2799	1107	30	.	.	PUNCT
taxlaw-2799	1108	1	only	only	ADV
taxlaw-2799	1108	2	mischief	mischief	NOUN
taxlaw-2799	1108	3	,	,	PUNCT
taxlaw-2799	1108	4	whether	whether	SCONJ
taxlaw-2799	1108	5	for	for	ADP
taxlaw-2799	1108	6	the	the	DET
taxlaw-2799	1108	7	government	government	NOUN
taxlaw-2799	1108	8	or	or	CCONJ
taxlaw-2799	1108	9	for	for	ADP
taxlaw-2799	1108	10	taxpayers	taxpayer	NOUN
taxlaw-2799	1108	11	,	,	PUNCT
taxlaw-2799	1108	12	could	could	AUX
taxlaw-2799	1108	13	result	result	VERB
taxlaw-2799	1108	14	from	from	ADP
taxlaw-2799	1108	15	rules	rule	NOUN
taxlaw-2799	1108	16	under	under	ADP
taxlaw-2799	1108	17	which	which	PRON
taxlaw-2799	1108	18	periodic	periodic	ADJ
taxlaw-2799	1108	19	payments	payment	NOUN
taxlaw-2799	1108	20	give	give	VERB
taxlaw-2799	1108	21	rise	rise	NOUN
taxlaw-2799	1108	22	to	to	ADP
taxlaw-2799	1108	23	ordinary	ordinary	ADJ
taxlaw-2799	1108	24	income	income	NOUN
taxlaw-2799	1108	25	/	/	SYM
taxlaw-2799	1108	26	expense	expense	NOUN
taxlaw-2799	1108	27	while	while	SCONJ
taxlaw-2799	1108	28	mark	mark	NOUN
taxlaw-2799	1108	29	-	-	PUNCT
taxlaw-2799	1108	30	tomarket	tomarket	NOUN
taxlaw-2799	1108	31	payments	payment	NOUN
taxlaw-2799	1108	32	give	give	VERB
taxlaw-2799	1108	33	rise	rise	NOUN
taxlaw-2799	1108	34	to	to	ADP
taxlaw-2799	1108	35	capital	capital	NOUN
taxlaw-2799	1108	36	gain	gain	NOUN
taxlaw-2799	1108	37	/	/	SYM
taxlaw-2799	1108	38	loss	loss	NOUN
taxlaw-2799	1108	39	.	.	PUNCT
taxlaw-2799	1109	1	it	it	PRON
taxlaw-2799	1109	2	is	be	AUX
taxlaw-2799	1109	3	fervently	fervently	ADV
taxlaw-2799	1109	4	to	to	PART
taxlaw-2799	1109	5	be	be	AUX
taxlaw-2799	1109	6	hoped	hope	VERB
taxlaw-2799	1109	7	that	that	SCONJ
taxlaw-2799	1109	8	the	the	DET
taxlaw-2799	1109	9	government	government	NOUN
taxlaw-2799	1109	10	will	will	AUX
taxlaw-2799	1109	11	take	take	VERB
taxlaw-2799	1109	12	the	the	DET
taxlaw-2799	1109	13	view	view	NOUN
taxlaw-2799	1109	14	that	that	SCONJ
taxlaw-2799	1109	15	an	an	DET
taxlaw-2799	1109	16	express	express	ADJ
taxlaw-2799	1109	17	congressional	congressional	ADJ
taxlaw-2799	1109	18	mandate	mandate	NOUN
taxlaw-2799	1109	19	is	be	AUX
taxlaw-2799	1109	20	necessary	necessary	ADJ
taxlaw-2799	1109	21	before	before	SCONJ
taxlaw-2799	1109	22	taxpayers	taxpayer	NOUN
taxlaw-2799	1109	23	who	who	PRON
taxlaw-2799	1109	24	will	will	AUX
taxlaw-2799	1109	25	be	be	AUX
taxlaw-2799	1109	26	required	require	VERB
taxlaw-2799	1109	27	by	by	ADP
taxlaw-2799	1109	28	law	law	NOUN
taxlaw-2799	1109	29	to	to	PART
taxlaw-2799	1109	30	transact	transact	VERB
taxlaw-2799	1109	31	in	in	ADP
taxlaw-2799	1109	32	swaps	swap	NOUN
taxlaw-2799	1109	33	in	in	ADP
taxlaw-2799	1109	34	this	this	DET
taxlaw-2799	1109	35	manner	manner	NOUN
taxlaw-2799	1109	36	will	will	AUX
taxlaw-2799	1109	37	be	be	AUX
taxlaw-2799	1109	38	subject	subject	ADJ
taxlaw-2799	1109	39	to	to	ADP
taxlaw-2799	1109	40	arbitrary	arbitrary	ADJ
taxlaw-2799	1109	41	and	and	CCONJ
taxlaw-2799	1109	42	capricious	capricious	ADJ
taxlaw-2799	1109	43	rules	rule	NOUN
taxlaw-2799	1109	44	reminiscent	reminiscent	ADJ
taxlaw-2799	1109	45	of	of	ADP
taxlaw-2799	1109	46	the	the	DET
taxlaw-2799	1109	47	treatment	treatment	NOUN
taxlaw-2799	1109	48	of	of	ADP
taxlaw-2799	1109	49	hedging	hedging	NOUN
taxlaw-2799	1109	50	transactions	transaction	NOUN
taxlaw-2799	1109	51	prior	prior	ADV
taxlaw-2799	1109	52	to	to	ADP
taxlaw-2799	1109	53	the	the	DET
taxlaw-2799	1109	54	2011	2011	NUM
taxlaw-2799	1109	55	]	]	PUNCT
taxlaw-2799	1110	1	ew	ew	PROPN
taxlaw-2799	1110	2	tax	tax	NOUN
taxlaw-2799	1110	3	issues	issue	NOUN
taxlaw-2799	1110	4	arisi	arisi	VERB
taxlaw-2799	1110	5	g	g	PROPN
taxlaw-2799	1110	6	from	from	ADP
taxlaw-2799	1110	7	the	the	DET
taxlaw-2799	1110	8	dodd	dodd	NOUN
taxlaw-2799	1110	9	-	-	PUNCT
taxlaw-2799	1110	10	fra	fra	PROPN
taxlaw-2799	1110	11	k	k	PROPN
taxlaw-2799	1110	12	act	act	PROPN
taxlaw-2799	1110	13	55	55	NUM
taxlaw-2799	1110	14	fannie	fannie	PROPN
taxlaw-2799	1110	15	mae	mae	PROPN
taxlaw-2799	1110	16	case	case	NOUN
taxlaw-2799	1110	17	and	and	CCONJ
taxlaw-2799	1110	18	the	the	DET
taxlaw-2799	1110	19	issuance	issuance	NOUN
taxlaw-2799	1110	20	of	of	ADP
taxlaw-2799	1110	21	treasury	treasury	PROPN
taxlaw-2799	1110	22	regulation	regulation	NOUN
taxlaw-2799	1110	23	§	§	PROPN
taxlaw-2799	1110	24	§	§	PROPN
taxlaw-2799	1110	25	1.1221	1.1221	NUM
taxlaw-2799	1110	26	-	-	SYM
taxlaw-2799	1110	27	2	2	NUM
taxlaw-2799	1110	28	and	and	CCONJ
taxlaw-2799	1110	29	1.446	1.446	NUM
taxlaw-2799	1110	30	-	-	SYM
taxlaw-2799	1110	31	4	4	NUM
taxlaw-2799	1110	32	.	.	NOUN
taxlaw-2799	1110	33	97	97	NUM
taxlaw-2799	1110	34	2	2	NUM
taxlaw-2799	1110	35	.	.	PUNCT
taxlaw-2799	1110	36	interest	interest	NOUN
taxlaw-2799	1110	37	rate	rate	NOUN
taxlaw-2799	1110	38	swaps	swap	NOUN
taxlaw-2799	1110	39	and	and	CCONJ
taxlaw-2799	1110	40	hedges	hedge	NOUN
taxlaw-2799	1110	41	thereof	thereof	ADV
taxlaw-2799	1110	42	.	.	PUNCT
taxlaw-2799	1111	1	a	a	DET
taxlaw-2799	1111	2	second	second	ADJ
taxlaw-2799	1111	3	fact	fact	NOUN
taxlaw-2799	1111	4	pattern	pattern	NOUN
taxlaw-2799	1111	5	that	that	PRON
taxlaw-2799	1111	6	illustrates	illustrate	VERB
taxlaw-2799	1111	7	the	the	DET
taxlaw-2799	1111	8	anomalies	anomaly	NOUN
taxlaw-2799	1111	9	that	that	PRON
taxlaw-2799	1111	10	may	may	AUX
taxlaw-2799	1111	11	arise	arise	VERB
taxlaw-2799	1111	12	in	in	ADP
taxlaw-2799	1111	13	a	a	DET
taxlaw-2799	1111	14	world	world	NOUN
taxlaw-2799	1111	15	in	in	ADP
taxlaw-2799	1111	16	which	which	PRON
taxlaw-2799	1111	17	the	the	DET
taxlaw-2799	1111	18	scope	scope	NOUN
taxlaw-2799	1111	19	of	of	ADP
taxlaw-2799	1111	20	§	§	PROPN
taxlaw-2799	1111	21	1256	1256	NUM
taxlaw-2799	1111	22	is	be	AUX
taxlaw-2799	1111	23	expanded	expand	VERB
taxlaw-2799	1111	24	involves	involve	VERB
taxlaw-2799	1111	25	a	a	DET
taxlaw-2799	1111	26	dealer	dealer	NOUN
taxlaw-2799	1111	27	in	in	ADP
taxlaw-2799	1111	28	securities	security	NOUN
taxlaw-2799	1111	29	,	,	PUNCT
taxlaw-2799	1111	30	within	within	ADP
taxlaw-2799	1111	31	the	the	DET
taxlaw-2799	1111	32	meaning	meaning	NOUN
taxlaw-2799	1111	33	of	of	ADP
taxlaw-2799	1111	34	§	§	PROPN
taxlaw-2799	1111	35	475	475	NUM
taxlaw-2799	1111	36	,	,	PUNCT
taxlaw-2799	1111	37	that	that	PRON
taxlaw-2799	1111	38	enters	enter	VERB
taxlaw-2799	1111	39	into	into	ADP
taxlaw-2799	1111	40	all	all	PRON
taxlaw-2799	1111	41	of	of	ADP
taxlaw-2799	1111	42	the	the	DET
taxlaw-2799	1111	43	following	follow	VERB
taxlaw-2799	1111	44	types	type	NOUN
taxlaw-2799	1111	45	of	of	ADP
taxlaw-2799	1111	46	financial	financial	ADJ
taxlaw-2799	1111	47	instruments	instrument	NOUN
taxlaw-2799	1111	48	in	in	ADP
taxlaw-2799	1111	49	the	the	DET
taxlaw-2799	1111	50	ordinary	ordinary	ADJ
taxlaw-2799	1111	51	course	course	NOUN
taxlaw-2799	1111	52	of	of	ADP
taxlaw-2799	1111	53	its	its	PRON
taxlaw-2799	1111	54	dealer	dealer	NOUN
taxlaw-2799	1111	55	business	business	NOUN
taxlaw-2799	1111	56	in	in	ADP
taxlaw-2799	1111	57	interest	interest	NOUN
taxlaw-2799	1111	58	rate	rate	NOUN
taxlaw-2799	1111	59	swaps	swap	NOUN
taxlaw-2799	1111	60	:	:	PUNCT
taxlaw-2799	1111	61	long	long	ADJ
taxlaw-2799	1111	62	and	and	CCONJ
taxlaw-2799	1111	63	short	short	ADJ
taxlaw-2799	1111	64	positions	position	NOUN
taxlaw-2799	1111	65	in	in	ADP
taxlaw-2799	1111	66	treasuries	treasury	NOUN
taxlaw-2799	1111	67	,	,	PUNCT
taxlaw-2799	1111	68	treasury	treasury	PROPN
taxlaw-2799	1111	69	futures	future	NOUN
taxlaw-2799	1111	70	contracts	contract	NOUN
taxlaw-2799	1111	71	and	and	CCONJ
taxlaw-2799	1111	72	exchange	exchange	NOUN
taxlaw-2799	1111	73	-	-	PUNCT
taxlaw-2799	1111	74	traded	trade	VERB
taxlaw-2799	1111	75	options	option	NOUN
taxlaw-2799	1111	76	thereon	thereon	NOUN
taxlaw-2799	1111	77	,	,	PUNCT
taxlaw-2799	1111	78	the	the	DET
taxlaw-2799	1111	79	idcg	idcg	PROPN
taxlaw-2799	1111	80	and	and	CCONJ
taxlaw-2799	1111	81	cme	cme	PROPN
taxlaw-2799	1111	82	swap	swap	NOUN
taxlaw-2799	1111	83	futures	future	NOUN
taxlaw-2799	1111	84	described	describe	VERB
taxlaw-2799	1111	85	above	above	ADP
taxlaw-2799	1111	86	,	,	PUNCT
taxlaw-2799	1111	87	forward	forward	ADJ
taxlaw-2799	1111	88	rate	rate	NOUN
taxlaw-2799	1111	89	agreements	agreement	NOUN
taxlaw-2799	1111	90	,	,	PUNCT
taxlaw-2799	1111	91	and	and	CCONJ
taxlaw-2799	1111	92	swaptions	swaption	NOUN
taxlaw-2799	1111	93	.	.	PUNCT
taxlaw-2799	1112	1	similar	similar	ADJ
taxlaw-2799	1112	2	issues	issue	NOUN
taxlaw-2799	1112	3	may	may	AUX
taxlaw-2799	1112	4	arise	arise	VERB
taxlaw-2799	1112	5	for	for	ADP
taxlaw-2799	1112	6	electing	elect	VERB
taxlaw-2799	1112	7	traders	trader	NOUN
taxlaw-2799	1112	8	in	in	ADP
taxlaw-2799	1112	9	securities	security	NOUN
taxlaw-2799	1112	10	under	under	ADP
taxlaw-2799	1112	11	§	§	PROPN
taxlaw-2799	1112	12	475(f	475(f	PROPN
taxlaw-2799	1112	13	)	)	PUNCT
taxlaw-2799	1112	14	,	,	PUNCT
taxlaw-2799	1112	15	or	or	CCONJ
taxlaw-2799	1112	16	possibly	possibly	ADV
taxlaw-2799	1112	17	for	for	ADP
taxlaw-2799	1112	18	taxpayers	taxpayer	NOUN
taxlaw-2799	1112	19	who	who	PRON
taxlaw-2799	1112	20	have	have	AUX
taxlaw-2799	1112	21	taken	take	VERB
taxlaw-2799	1112	22	the	the	DET
taxlaw-2799	1112	23	view	view	NOUN
taxlaw-2799	1112	24	that	that	SCONJ
taxlaw-2799	1112	25	they	they	PRON
taxlaw-2799	1112	26	can	can	AUX
taxlaw-2799	1112	27	elect	elect	VERB
taxlaw-2799	1112	28	mark	mark	VERB
taxlaw-2799	1112	29	-	-	PUNCT
taxlaw-2799	1112	30	to	to	ADP
taxlaw-2799	1112	31	-	-	PUNCT
taxlaw-2799	1112	32	market	market	NOUN
taxlaw-2799	1112	33	as	as	ADP
taxlaw-2799	1112	34	a	a	DET
taxlaw-2799	1112	35	form	form	NOUN
taxlaw-2799	1112	36	of	of	ADP
taxlaw-2799	1112	37	self	self	NOUN
taxlaw-2799	1112	38	-	-	PUNCT
taxlaw-2799	1112	39	help	help	NOUN
taxlaw-2799	1112	40	under	under	ADP
taxlaw-2799	1112	41	§	§	PROPN
taxlaw-2799	1112	42	446	446	NUM
taxlaw-2799	1112	43	’s	’s	PART
taxlaw-2799	1112	44	clear	clear	ADJ
taxlaw-2799	1112	45	reflection	reflection	NOUN
taxlaw-2799	1112	46	of	of	ADP
taxlaw-2799	1112	47	income	income	NOUN
taxlaw-2799	1112	48	rules	rule	NOUN
taxlaw-2799	1112	49	,	,	PUNCT
taxlaw-2799	1112	50	under	under	ADP
taxlaw-2799	1112	51	the	the	DET
taxlaw-2799	1112	52	general	general	ADJ
taxlaw-2799	1112	53	ambit	ambit	NOUN
taxlaw-2799	1112	54	of	of	ADP
taxlaw-2799	1112	55	proposed	propose	VERB
taxlaw-2799	1112	56	treasury	treasury	NOUN
taxlaw-2799	1112	57	regulation	regulation	NOUN
taxlaw-2799	1112	58	§	§	PROPN
taxlaw-2799	1112	59	1.446	1.446	NUM
taxlaw-2799	1112	60	-	-	PUNCT
taxlaw-2799	1112	61	3(i).98	3(i).98	NUM
taxlaw-2799	1112	62	securities	security	NOUN
taxlaw-2799	1112	63	dealers	dealer	NOUN
taxlaw-2799	1112	64	generally	generally	ADV
taxlaw-2799	1112	65	do	do	VERB
taxlaw-2799	1112	66	,	,	PUNCT
taxlaw-2799	1112	67	and	and	CCONJ
taxlaw-2799	1112	68	electing	elect	VERB
taxlaw-2799	1112	69	traders	trader	NOUN
taxlaw-2799	1112	70	must	must	AUX
taxlaw-2799	1112	71	,	,	PUNCT
taxlaw-2799	1112	72	treat	treat	VERB
taxlaw-2799	1112	73	the	the	DET
taxlaw-2799	1112	74	mark	mark	NOUN
taxlaw-2799	1112	75	-	-	PUNCT
taxlaw-2799	1112	76	to	to	ADP
taxlaw-2799	1112	77	-	-	PUNCT
taxlaw-2799	1112	78	market	market	NOUN
taxlaw-2799	1112	79	gain	gain	NOUN
taxlaw-2799	1112	80	or	or	CCONJ
taxlaw-2799	1112	81	loss	loss	NOUN
taxlaw-2799	1112	82	as	as	ADP
taxlaw-2799	1112	83	ordinary	ordinary	ADJ
taxlaw-2799	1112	84	under	under	ADP
taxlaw-2799	1112	85	§	§	PROPN
taxlaw-2799	1112	86	475.99	475.99	NUM
taxlaw-2799	1112	87	section	section	NOUN
taxlaw-2799	1112	88	475	475	NUM
taxlaw-2799	1112	89	provides	provide	VERB
taxlaw-2799	1112	90	,	,	PUNCT
taxlaw-2799	1112	91	however	however	ADV
taxlaw-2799	1112	92	,	,	PUNCT
taxlaw-2799	1112	93	that	that	SCONJ
taxlaw-2799	1112	94	a	a	DET
taxlaw-2799	1112	95	section	section	NOUN
taxlaw-2799	1112	96	1256	1256	NUM
taxlaw-2799	1112	97	contract	contract	NOUN
taxlaw-2799	1112	98	generally	generally	ADV
taxlaw-2799	1112	99	does	do	AUX
taxlaw-2799	1112	100	not	not	PART
taxlaw-2799	1112	101	qualify	qualify	VERB
taxlaw-2799	1112	102	as	as	ADP
taxlaw-2799	1112	103	a	a	DET
taxlaw-2799	1112	104	“	"	PUNCT
taxlaw-2799	1112	105	security	security	NOUN
taxlaw-2799	1112	106	”	"	PUNCT
taxlaw-2799	1112	107	to	to	PART
taxlaw-2799	1112	108	which	which	PRON
taxlaw-2799	1112	109	§	§	PROPN
taxlaw-2799	1112	110	475	475	NUM
taxlaw-2799	1112	111	applies,100	applies,100	INTJ
taxlaw-2799	1112	112	presumably	presumably	ADV
taxlaw-2799	1112	113	because	because	SCONJ
taxlaw-2799	1112	114	at	at	ADP
taxlaw-2799	1112	115	the	the	DET
taxlaw-2799	1112	116	time	time	NOUN
taxlaw-2799	1112	117	§	§	PROPN
taxlaw-2799	1112	118	475	475	NUM
taxlaw-2799	1112	119	was	be	AUX
taxlaw-2799	1112	120	enacted	enact	VERB
taxlaw-2799	1112	121	commodity	commodity	NOUN
taxlaw-2799	1112	122	dealers	dealer	NOUN
taxlaw-2799	1112	123	and	and	CCONJ
taxlaw-2799	1112	124	traders	trader	NOUN
taxlaw-2799	1112	125	lobbied	lobby	VERB
taxlaw-2799	1112	126	to	to	PART
taxlaw-2799	1112	127	remain	remain	VERB
taxlaw-2799	1112	128	outside	outside	ADP
taxlaw-2799	1112	129	its	its	PRON
taxlaw-2799	1112	130	scope.101	scope.101	NOUN
taxlaw-2799	1112	131	(	(	PUNCT
taxlaw-2799	1112	132	this	this	DET
taxlaw-2799	1112	133	§	§	PROPN
taxlaw-2799	1112	134	1256	1256	NUM
taxlaw-2799	1112	135	priority	priority	NOUN
taxlaw-2799	1112	136	rule	rule	NOUN
taxlaw-2799	1112	137	97	97	NUM
taxlaw-2799	1112	138	the	the	DET
taxlaw-2799	1112	139	fannie	fannie	PROPN
taxlaw-2799	1112	140	mae	mae	PROPN
taxlaw-2799	1112	141	case	case	NOUN
taxlaw-2799	1112	142	resolved	resolve	VERB
taxlaw-2799	1112	143	an	an	DET
taxlaw-2799	1112	144	issue	issue	NOUN
taxlaw-2799	1112	145	raised	raise	VERB
taxlaw-2799	1112	146	by	by	ADP
taxlaw-2799	1112	147	arkansas	arkansas	PROPN
taxlaw-2799	1112	148	best	well	ADV
taxlaw-2799	1112	149	,	,	PUNCT
taxlaw-2799	1112	150	namely	namely	ADV
taxlaw-2799	1112	151	whether	whether	SCONJ
taxlaw-2799	1112	152	arkansas	arkansas	PROPN
taxlaw-2799	1112	153	best	well	ADV
taxlaw-2799	1112	154	’s	’s	PART
taxlaw-2799	1112	155	general	general	ADJ
taxlaw-2799	1112	156	repudiation	repudiation	NOUN
taxlaw-2799	1112	157	of	of	ADP
taxlaw-2799	1112	158	the	the	DET
taxlaw-2799	1112	159	business	business	NOUN
taxlaw-2799	1112	160	assets	asset	NOUN
taxlaw-2799	1112	161	doctrine	doctrine	NOUN
taxlaw-2799	1112	162	also	also	ADV
taxlaw-2799	1112	163	overturned	overturn	VERB
taxlaw-2799	1112	164	the	the	DET
taxlaw-2799	1112	165	specific	specific	ADJ
taxlaw-2799	1112	166	holding	holding	NOUN
taxlaw-2799	1112	167	of	of	ADP
taxlaw-2799	1112	168	corn	corn	NOUN
taxlaw-2799	1112	169	products	product	NOUN
taxlaw-2799	1112	170	that	that	PRON
taxlaw-2799	1112	171	a	a	DET
taxlaw-2799	1112	172	hedge	hedge	NOUN
taxlaw-2799	1112	173	of	of	ADP
taxlaw-2799	1112	174	inventory	inventory	NOUN
taxlaw-2799	1112	175	could	could	AUX
taxlaw-2799	1112	176	itself	itself	PRON
taxlaw-2799	1112	177	be	be	AUX
taxlaw-2799	1112	178	treated	treat	VERB
taxlaw-2799	1112	179	as	as	ADP
taxlaw-2799	1112	180	an	an	DET
taxlaw-2799	1112	181	ordinary	ordinary	ADJ
taxlaw-2799	1112	182	asset	asset	NOUN
taxlaw-2799	1112	183	.	.	PUNCT
taxlaw-2799	1113	1	corn	corn	NOUN
taxlaw-2799	1113	2	prod	prod	NOUN
taxlaw-2799	1113	3	.	.	PUNCT
taxlaw-2799	1114	1	ref	ref	PROPN
taxlaw-2799	1114	2	.	.	PUNCT
taxlaw-2799	1115	1	co.	co.	PROPN
taxlaw-2799	1116	1	v.	v.	ADP
taxlaw-2799	1116	2	comm’r	comm’r	X
taxlaw-2799	1116	3	(	(	PUNCT
taxlaw-2799	1116	4	corn	corn	NOUN
taxlaw-2799	1116	5	products	product	NOUN
taxlaw-2799	1116	6	)	)	PUNCT
taxlaw-2799	1116	7	,	,	PUNCT
taxlaw-2799	1116	8	350	350	NUM
taxlaw-2799	1116	9	u.s	u.s	PROPN
taxlaw-2799	1116	10	.	.	PROPN
taxlaw-2799	1116	11	46	46	NUM
taxlaw-2799	1116	12	(	(	PUNCT
taxlaw-2799	1116	13	1955	1955	NUM
taxlaw-2799	1116	14	)	)	PUNCT
taxlaw-2799	1116	15	;	;	PUNCT
taxlaw-2799	1116	16	fed	fed	PROPN
taxlaw-2799	1116	17	.	.	PROPN
taxlaw-2799	1117	1	nat’l	nat’l	PROPN
taxlaw-2799	1117	2	mortg	mortg	PROPN
taxlaw-2799	1117	3	.	.	PUNCT
taxlaw-2799	1118	1	assoc	assoc	PROPN
taxlaw-2799	1118	2	.	.	PUNCT
taxlaw-2799	1119	1	v.	v.	ADP
taxlaw-2799	1119	2	comm’r	comm’r	NOUN
taxlaw-2799	1119	3	(	(	PUNCT
taxlaw-2799	1119	4	fannie	fannie	PROPN
taxlaw-2799	1119	5	mae	mae	PROPN
taxlaw-2799	1119	6	)	)	PUNCT
taxlaw-2799	1119	7	,	,	PUNCT
taxlaw-2799	1119	8	100	100	NUM
taxlaw-2799	1119	9	t.c	t.c	PROPN
taxlaw-2799	1119	10	.	.	PROPN
taxlaw-2799	1119	11	541	541	NUM
taxlaw-2799	1119	12	(	(	PUNCT
taxlaw-2799	1119	13	1993	1993	NUM
taxlaw-2799	1119	14	)	)	PUNCT
taxlaw-2799	1120	1	;	;	PUNCT
taxlaw-2799	1120	2	ark	ark	PROPN
taxlaw-2799	1120	3	.	.	PROPN
taxlaw-2799	1120	4	best	good	ADJ
taxlaw-2799	1120	5	corp	corp	PROPN
taxlaw-2799	1120	6	.	.	PROPN
taxlaw-2799	1121	1	v.	v.	ADP
taxlaw-2799	1121	2	comm’r	comm’r	NOUN
taxlaw-2799	1121	3	,	,	PUNCT
taxlaw-2799	1121	4	485	485	NUM
taxlaw-2799	1121	5	u.s	u.s	PROPN
taxlaw-2799	1121	6	.	.	PROPN
taxlaw-2799	1121	7	212	212	NUM
taxlaw-2799	1121	8	(	(	PUNCT
taxlaw-2799	1121	9	1998	1998	NUM
taxlaw-2799	1121	10	)	)	PUNCT
taxlaw-2799	1121	11	.	.	PUNCT
taxlaw-2799	1122	1	if	if	SCONJ
taxlaw-2799	1122	2	that	that	PRON
taxlaw-2799	1122	3	were	be	AUX
taxlaw-2799	1122	4	the	the	DET
taxlaw-2799	1122	5	case	case	NOUN
taxlaw-2799	1122	6	,	,	PUNCT
taxlaw-2799	1122	7	taxpayers	taxpayer	NOUN
taxlaw-2799	1122	8	would	would	AUX
taxlaw-2799	1122	9	be	be	AUX
taxlaw-2799	1122	10	subject	subject	ADJ
taxlaw-2799	1122	11	to	to	ADP
taxlaw-2799	1122	12	unmanageable	unmanageable	ADJ
taxlaw-2799	1122	13	whipsaw	whipsaw	NOUN
taxlaw-2799	1122	14	risk	risk	NOUN
taxlaw-2799	1122	15	,	,	PUNCT
taxlaw-2799	1122	16	because	because	SCONJ
taxlaw-2799	1122	17	it	it	PRON
taxlaw-2799	1122	18	is	be	AUX
taxlaw-2799	1122	19	in	in	ADP
taxlaw-2799	1122	20	the	the	DET
taxlaw-2799	1122	21	nature	nature	NOUN
taxlaw-2799	1122	22	of	of	ADP
taxlaw-2799	1122	23	hedges	hedge	NOUN
taxlaw-2799	1122	24	that	that	SCONJ
taxlaw-2799	1122	25	sometimes	sometimes	ADV
taxlaw-2799	1122	26	they	they	PRON
taxlaw-2799	1122	27	produce	produce	VERB
taxlaw-2799	1122	28	losses	loss	NOUN
taxlaw-2799	1122	29	that	that	PRON
taxlaw-2799	1122	30	would	would	AUX
taxlaw-2799	1122	31	be	be	AUX
taxlaw-2799	1122	32	capital	capital	NOUN
taxlaw-2799	1122	33	under	under	ADP
taxlaw-2799	1122	34	a	a	DET
taxlaw-2799	1122	35	broad	broad	ADJ
taxlaw-2799	1122	36	reading	reading	NOUN
taxlaw-2799	1122	37	of	of	ADP
taxlaw-2799	1122	38	arkansas	arkansas	PROPN
taxlaw-2799	1122	39	best	well	ADV
taxlaw-2799	1122	40	.	.	PUNCT
taxlaw-2799	1123	1	the	the	DET
taxlaw-2799	1123	2	fannie	fannie	PROPN
taxlaw-2799	1123	3	mae	mae	PROPN
taxlaw-2799	1123	4	case	case	NOUN
taxlaw-2799	1123	5	concluded	conclude	VERB
taxlaw-2799	1123	6	that	that	SCONJ
taxlaw-2799	1123	7	congress	congress	PROPN
taxlaw-2799	1123	8	had	have	AUX
taxlaw-2799	1123	9	effectively	effectively	ADV
taxlaw-2799	1123	10	legislatively	legislatively	ADV
taxlaw-2799	1123	11	adopted	adopt	VERB
taxlaw-2799	1123	12	the	the	DET
taxlaw-2799	1123	13	corn	corn	NOUN
taxlaw-2799	1123	14	products	product	NOUN
taxlaw-2799	1123	15	doctrine	doctrine	NOUN
taxlaw-2799	1123	16	.	.	PUNCT
taxlaw-2799	1124	1	treasury	treasury	PROPN
taxlaw-2799	1124	2	and	and	CCONJ
taxlaw-2799	1124	3	the	the	DET
taxlaw-2799	1124	4	service	service	NOUN
taxlaw-2799	1124	5	then	then	ADV
taxlaw-2799	1124	6	threw	throw	VERB
taxlaw-2799	1124	7	in	in	ADP
taxlaw-2799	1124	8	the	the	DET
taxlaw-2799	1124	9	towel	towel	NOUN
taxlaw-2799	1124	10	and	and	CCONJ
taxlaw-2799	1124	11	issued	issue	VERB
taxlaw-2799	1124	12	treasury	treasury	NOUN
taxlaw-2799	1124	13	regulation	regulation	NOUN
taxlaw-2799	1124	14	§	§	PROPN
taxlaw-2799	1124	15	§	§	PROPN
taxlaw-2799	1124	16	1.1221	1.1221	NUM
taxlaw-2799	1124	17	-	-	SYM
taxlaw-2799	1124	18	2	2	NUM
taxlaw-2799	1124	19	and	and	CCONJ
taxlaw-2799	1124	20	1.446	1.446	NUM
taxlaw-2799	1124	21	-	-	SYM
taxlaw-2799	1124	22	4	4	NUM
taxlaw-2799	1124	23	to	to	PART
taxlaw-2799	1124	24	provide	provide	VERB
taxlaw-2799	1124	25	specific	specific	ADJ
taxlaw-2799	1124	26	rules	rule	NOUN
taxlaw-2799	1124	27	for	for	ADP
taxlaw-2799	1124	28	hedging	hedging	NOUN
taxlaw-2799	1124	29	transaction	transaction	NOUN
taxlaw-2799	1124	30	.	.	PUNCT
taxlaw-2799	1125	1	congress	congress	PROPN
taxlaw-2799	1125	2	then	then	ADV
taxlaw-2799	1125	3	endorsed	endorse	VERB
taxlaw-2799	1125	4	that	that	DET
taxlaw-2799	1125	5	result	result	NOUN
taxlaw-2799	1125	6	by	by	ADP
taxlaw-2799	1125	7	enacting	enact	VERB
taxlaw-2799	1125	8	§	§	PROPN
taxlaw-2799	1125	9	1221(a)(7	1221(a)(7	NUM
taxlaw-2799	1125	10	)	)	PUNCT
taxlaw-2799	1125	11	and	and	CCONJ
taxlaw-2799	1125	12	(	(	PUNCT
taxlaw-2799	1125	13	b)(2	b)(2	X
taxlaw-2799	1125	14	)	)	PUNCT
taxlaw-2799	1125	15	,	,	PUNCT
taxlaw-2799	1125	16	providing	provide	VERB
taxlaw-2799	1125	17	statutory	statutory	ADJ
taxlaw-2799	1125	18	rules	rule	NOUN
taxlaw-2799	1125	19	treating	treat	VERB
taxlaw-2799	1125	20	hedging	hedging	NOUN
taxlaw-2799	1125	21	transactions	transaction	NOUN
taxlaw-2799	1125	22	as	as	ADP
taxlaw-2799	1125	23	non	non	ADJ
taxlaw-2799	1125	24	-	-	ADJ
taxlaw-2799	1125	25	capital	capital	ADJ
taxlaw-2799	1125	26	assets	asset	NOUN
taxlaw-2799	1125	27	.	.	PUNCT
taxlaw-2799	1126	1	congress	congress	PROPN
taxlaw-2799	1126	2	thus	thus	ADV
taxlaw-2799	1126	3	both	both	CCONJ
taxlaw-2799	1126	4	implicitly	implicitly	ADV
taxlaw-2799	1126	5	and	and	CCONJ
taxlaw-2799	1126	6	explicitly	explicitly	ADV
taxlaw-2799	1126	7	endorsed	endorse	VERB
taxlaw-2799	1126	8	the	the	DET
taxlaw-2799	1126	9	harmonization	harmonization	NOUN
taxlaw-2799	1126	10	of	of	ADP
taxlaw-2799	1126	11	character	character	NOUN
taxlaw-2799	1126	12	from	from	ADP
taxlaw-2799	1126	13	transactions	transaction	NOUN
taxlaw-2799	1126	14	that	that	PRON
taxlaw-2799	1126	15	hedge	hedge	VERB
taxlaw-2799	1126	16	ordinary	ordinary	ADJ
taxlaw-2799	1126	17	assets	asset	NOUN
taxlaw-2799	1126	18	or	or	CCONJ
taxlaw-2799	1126	19	liabilities	liability	NOUN
taxlaw-2799	1126	20	.	.	PUNCT
taxlaw-2799	1127	1	98	98	NUM
taxlaw-2799	1127	2	prop	prop	NOUN
taxlaw-2799	1127	3	.	.	PUNCT
taxlaw-2799	1128	1	treas	treas	PROPN
taxlaw-2799	1128	2	.	.	PUNCT
taxlaw-2799	1129	1	reg	reg	PROPN
taxlaw-2799	1129	2	.	.	PUNCT
taxlaw-2799	1130	1	§	§	PROPN
taxlaw-2799	1130	2	1.446	1.446	NUM
taxlaw-2799	1130	3	-	-	SYM
taxlaw-2799	1130	4	3(i	3(i	NUM
taxlaw-2799	1130	5	)	)	PUNCT
taxlaw-2799	1130	6	69	69	NUM
taxlaw-2799	1130	7	fed	fed	PROPN
taxlaw-2799	1130	8	.	.	PUNCT
taxlaw-2799	1131	1	reg	reg	PROPN
taxlaw-2799	1131	2	.	.	PROPN
taxlaw-2799	1131	3	8886	8886	NUM
taxlaw-2799	1131	4	,	,	PUNCT
taxlaw-2799	1131	5	8892	8892	NUM
taxlaw-2799	1131	6	(	(	PUNCT
taxlaw-2799	1131	7	feb	feb	PROPN
taxlaw-2799	1131	8	.	.	PROPN
taxlaw-2799	1131	9	26	26	NUM
taxlaw-2799	1131	10	,	,	PUNCT
taxlaw-2799	1131	11	2004	2004	NUM
taxlaw-2799	1131	12	)	)	PUNCT
taxlaw-2799	1131	13	.	.	PUNCT
taxlaw-2799	1132	1	treas	treas	PROPN
taxlaw-2799	1132	2	.	.	PUNCT
taxlaw-2799	1133	1	reg	reg	PROPN
taxlaw-2799	1133	2	.	.	PUNCT
taxlaw-2799	1134	1	§	§	PROPN
taxlaw-2799	1134	2	1.446	1.446	NUM
taxlaw-2799	1134	3	-	-	SYM
taxlaw-2799	1134	4	3(i	3(i	NUM
taxlaw-2799	1134	5	)	)	PUNCT
taxlaw-2799	1134	6	generally	generally	ADV
taxlaw-2799	1134	7	would	would	AUX
taxlaw-2799	1134	8	permit	permit	VERB
taxlaw-2799	1134	9	a	a	DET
taxlaw-2799	1134	10	taxpayer	taxpayer	NOUN
taxlaw-2799	1134	11	to	to	PART
taxlaw-2799	1134	12	mark	mark	VERB
taxlaw-2799	1134	13	an	an	DET
taxlaw-2799	1134	14	npc	npc	NOUN
taxlaw-2799	1134	15	to	to	ADP
taxlaw-2799	1134	16	market	market	NOUN
taxlaw-2799	1134	17	,	,	PUNCT
taxlaw-2799	1134	18	provided	provide	VERB
taxlaw-2799	1134	19	that	that	SCONJ
taxlaw-2799	1134	20	the	the	DET
taxlaw-2799	1134	21	npc	npc	NOUN
taxlaw-2799	1134	22	is	be	AUX
taxlaw-2799	1134	23	actively	actively	ADV
taxlaw-2799	1134	24	traded	trade	VERB
taxlaw-2799	1134	25	,	,	PUNCT
taxlaw-2799	1134	26	or	or	CCONJ
taxlaw-2799	1134	27	the	the	DET
taxlaw-2799	1134	28	taxpayer	taxpayer	NOUN
taxlaw-2799	1134	29	marks	mark	VERB
taxlaw-2799	1134	30	the	the	DET
taxlaw-2799	1134	31	npc	npc	NOUN
taxlaw-2799	1134	32	to	to	ADP
taxlaw-2799	1134	33	market	market	NOUN
taxlaw-2799	1134	34	for	for	ADP
taxlaw-2799	1134	35	financial	financial	ADJ
taxlaw-2799	1134	36	accounting	accounting	NOUN
taxlaw-2799	1134	37	purposes	purpose	NOUN
taxlaw-2799	1134	38	,	,	PUNCT
taxlaw-2799	1134	39	or	or	CCONJ
taxlaw-2799	1134	40	the	the	DET
taxlaw-2799	1134	41	counterparty	counterparty	NOUN
taxlaw-2799	1134	42	agrees	agree	VERB
taxlaw-2799	1134	43	to	to	PART
taxlaw-2799	1134	44	provide	provide	VERB
taxlaw-2799	1134	45	its	its	PRON
taxlaw-2799	1134	46	tax	tax	NOUN
taxlaw-2799	1134	47	marks	mark	NOUN
taxlaw-2799	1134	48	.	.	PUNCT
taxlaw-2799	1135	1	some	some	DET
taxlaw-2799	1135	2	taxpayers	taxpayer	NOUN
taxlaw-2799	1135	3	have	have	AUX
taxlaw-2799	1135	4	taken	take	VERB
taxlaw-2799	1135	5	the	the	DET
taxlaw-2799	1135	6	position	position	NOUN
taxlaw-2799	1135	7	that	that	SCONJ
taxlaw-2799	1135	8	the	the	DET
taxlaw-2799	1135	9	proposed	propose	VERB
taxlaw-2799	1135	10	regulations	regulation	NOUN
taxlaw-2799	1135	11	,	,	PUNCT
taxlaw-2799	1135	12	while	while	SCONJ
taxlaw-2799	1135	13	not	not	PART
taxlaw-2799	1135	14	currently	currently	ADV
taxlaw-2799	1135	15	in	in	ADP
taxlaw-2799	1135	16	effect	effect	NOUN
taxlaw-2799	1135	17	,	,	PUNCT
taxlaw-2799	1135	18	demonstrate	demonstrate	VERB
taxlaw-2799	1135	19	that	that	SCONJ
taxlaw-2799	1135	20	marking	mark	VERB
taxlaw-2799	1135	21	an	an	DET
taxlaw-2799	1135	22	npc	npc	NOUN
taxlaw-2799	1135	23	to	to	ADP
taxlaw-2799	1135	24	market	market	NOUN
taxlaw-2799	1135	25	clearly	clearly	ADV
taxlaw-2799	1135	26	reflects	reflect	VERB
taxlaw-2799	1135	27	income	income	NOUN
taxlaw-2799	1135	28	from	from	ADP
taxlaw-2799	1135	29	the	the	DET
taxlaw-2799	1135	30	npc	npc	NOUN
taxlaw-2799	1135	31	,	,	PUNCT
taxlaw-2799	1135	32	and	and	CCONJ
taxlaw-2799	1135	33	that	that	SCONJ
taxlaw-2799	1135	34	taxpayers	taxpayer	NOUN
taxlaw-2799	1135	35	therefore	therefore	ADV
taxlaw-2799	1135	36	may	may	AUX
taxlaw-2799	1135	37	mark	mark	VERB
taxlaw-2799	1135	38	to	to	ADP
taxlaw-2799	1135	39	market	market	NOUN
taxlaw-2799	1135	40	npcs	npc	NOUN
taxlaw-2799	1135	41	of	of	ADP
taxlaw-2799	1135	42	the	the	DET
taxlaw-2799	1135	43	kind	kind	NOUN
taxlaw-2799	1135	44	that	that	PRON
taxlaw-2799	1135	45	would	would	AUX
taxlaw-2799	1135	46	fall	fall	VERB
taxlaw-2799	1135	47	within	within	ADP
taxlaw-2799	1135	48	the	the	DET
taxlaw-2799	1135	49	proposed	propose	VERB
taxlaw-2799	1135	50	regulations	regulation	NOUN
taxlaw-2799	1135	51	even	even	ADV
taxlaw-2799	1135	52	if	if	SCONJ
taxlaw-2799	1135	53	the	the	DET
taxlaw-2799	1135	54	taxpayer	taxpayer	NOUN
taxlaw-2799	1135	55	is	be	AUX
taxlaw-2799	1135	56	not	not	PART
taxlaw-2799	1135	57	subject	subject	ADJ
taxlaw-2799	1135	58	to	to	ADP
taxlaw-2799	1135	59	§	§	PROPN
taxlaw-2799	1135	60	475	475	NUM
taxlaw-2799	1135	61	.	.	PUNCT
taxlaw-2799	1135	62	99	99	NUM
taxlaw-2799	1135	63	i.r.c	i.r.c	NOUN
taxlaw-2799	1135	64	.	.	PUNCT
taxlaw-2799	1136	1	§	§	PROPN
taxlaw-2799	1136	2	475(d)(3	475(d)(3	NUM
taxlaw-2799	1136	3	)	)	PUNCT
taxlaw-2799	1136	4	(	(	PUNCT
taxlaw-2799	1136	5	2010	2010	NUM
taxlaw-2799	1136	6	)	)	PUNCT
taxlaw-2799	1136	7	(	(	PUNCT
taxlaw-2799	1136	8	generally	generally	ADV
taxlaw-2799	1136	9	providing	provide	VERB
taxlaw-2799	1136	10	that	that	DET
taxlaw-2799	1136	11	dealer	dealer	NOUN
taxlaw-2799	1136	12	gain	gain	NOUN
taxlaw-2799	1136	13	or	or	CCONJ
taxlaw-2799	1136	14	loss	loss	NOUN
taxlaw-2799	1136	15	from	from	ADP
taxlaw-2799	1136	16	securities	security	NOUN
taxlaw-2799	1136	17	subject	subject	ADJ
taxlaw-2799	1136	18	to	to	ADP
taxlaw-2799	1136	19	§	§	PROPN
taxlaw-2799	1136	20	475	475	NUM
taxlaw-2799	1136	21	is	be	AUX
taxlaw-2799	1136	22	ordinary	ordinary	ADJ
taxlaw-2799	1136	23	)	)	PUNCT
taxlaw-2799	1136	24	;	;	PUNCT
taxlaw-2799	1136	25	i.r.c	i.r.c	NOUN
taxlaw-2799	1136	26	.	.	PUNCT
taxlaw-2799	1137	1	§	§	PROPN
taxlaw-2799	1137	2	475(f)(1)(c	475(f)(1)(c	PROPN
taxlaw-2799	1137	3	)	)	PUNCT
taxlaw-2799	1137	4	(	(	PUNCT
taxlaw-2799	1137	5	2010	2010	NUM
taxlaw-2799	1137	6	)	)	PUNCT
taxlaw-2799	1137	7	(	(	PUNCT
taxlaw-2799	1137	8	rules	rule	VERB
taxlaw-2799	1137	9	similar	similar	ADJ
taxlaw-2799	1137	10	to	to	ADP
taxlaw-2799	1137	11	rules	rule	NOUN
taxlaw-2799	1137	12	of	of	ADP
taxlaw-2799	1137	13	§	§	PROPN
taxlaw-2799	1137	14	475(d	475(d	PROPN
taxlaw-2799	1137	15	)	)	PUNCT
taxlaw-2799	1137	16	apply	apply	VERB
taxlaw-2799	1137	17	to	to	ADP
taxlaw-2799	1137	18	electing	elect	VERB
taxlaw-2799	1137	19	traders	trader	NOUN
taxlaw-2799	1137	20	)	)	PUNCT
taxlaw-2799	1137	21	.	.	PUNCT
taxlaw-2799	1138	1	100	100	NUM
taxlaw-2799	1138	2	i.r.c	i.r.c	NOUN
taxlaw-2799	1138	3	.	.	PUNCT
taxlaw-2799	1139	1	§	§	PROPN
taxlaw-2799	1139	2	475(c)(2)(e	475(c)(2)(e	PROPN
taxlaw-2799	1139	3	)	)	PUNCT
taxlaw-2799	1139	4	and	and	CCONJ
taxlaw-2799	1139	5	the	the	DET
taxlaw-2799	1139	6	flush	flush	ADJ
taxlaw-2799	1139	7	language	language	NOUN
taxlaw-2799	1139	8	at	at	ADP
taxlaw-2799	1139	9	the	the	DET
taxlaw-2799	1139	10	end	end	NOUN
taxlaw-2799	1139	11	of	of	ADP
taxlaw-2799	1139	12	§	§	PROPN
taxlaw-2799	1139	13	475(c)(2	475(c)(2	PROPN
taxlaw-2799	1139	14	)	)	PUNCT
taxlaw-2799	1139	15	.	.	PUNCT
taxlaw-2799	1140	1	section	section	NOUN
taxlaw-2799	1140	2	475	475	NUM
taxlaw-2799	1140	3	applies	apply	VERB
taxlaw-2799	1140	4	to	to	ADP
taxlaw-2799	1140	5	securities	security	NOUN
taxlaw-2799	1140	6	and	and	CCONJ
taxlaw-2799	1140	7	,	,	PUNCT
taxlaw-2799	1140	8	on	on	ADP
taxlaw-2799	1140	9	an	an	DET
taxlaw-2799	1140	10	elective	elective	ADJ
taxlaw-2799	1140	11	basis	basis	NOUN
taxlaw-2799	1140	12	,	,	PUNCT
taxlaw-2799	1140	13	commodities	commodity	NOUN
taxlaw-2799	1140	14	.	.	PUNCT
taxlaw-2799	1141	1	the	the	DET
taxlaw-2799	1141	2	term	term	NOUN
taxlaw-2799	1141	3	“	"	PUNCT
taxlaw-2799	1141	4	security	security	NOUN
taxlaw-2799	1141	5	”	"	PUNCT
taxlaw-2799	1141	6	is	be	AUX
taxlaw-2799	1141	7	defined	define	VERB
taxlaw-2799	1141	8	in	in	ADP
taxlaw-2799	1141	9	§	§	PROPN
taxlaw-2799	1141	10	475(c)(2	475(c)(2	PROPN
taxlaw-2799	1141	11	)	)	PUNCT
taxlaw-2799	1141	12	.	.	PUNCT
taxlaw-2799	1142	1	101	101	NUM
taxlaw-2799	1142	2	the	the	DET
taxlaw-2799	1142	3	development	development	NOUN
taxlaw-2799	1142	4	of	of	ADP
taxlaw-2799	1142	5	the	the	DET
taxlaw-2799	1142	6	definition	definition	NOUN
taxlaw-2799	1142	7	of	of	ADP
taxlaw-2799	1142	8	the	the	DET
taxlaw-2799	1142	9	term	term	NOUN
taxlaw-2799	1142	10	“	"	PUNCT
taxlaw-2799	1142	11	security	security	NOUN
taxlaw-2799	1142	12	”	"	PUNCT
taxlaw-2799	1142	13	as	as	SCONJ
taxlaw-2799	1142	14	§	§	PROPN
taxlaw-2799	1142	15	475	475	NUM
taxlaw-2799	1142	16	was	be	AUX
taxlaw-2799	1142	17	being	be	AUX
taxlaw-2799	1142	18	considered	consider	VERB
taxlaw-2799	1142	19	by	by	ADP
taxlaw-2799	1142	20	congress	congress	PROPN
taxlaw-2799	1142	21	is	be	AUX
taxlaw-2799	1142	22	consistent	consistent	ADJ
taxlaw-2799	1142	23	with	with	ADP
taxlaw-2799	1142	24	the	the	DET
taxlaw-2799	1142	25	presumption	presumption	NOUN
taxlaw-2799	1142	26	in	in	ADP
taxlaw-2799	1142	27	the	the	DET
taxlaw-2799	1142	28	text	text	NOUN
taxlaw-2799	1142	29	.	.	PUNCT
taxlaw-2799	1143	1	as	as	SCONJ
taxlaw-2799	1143	2	originally	originally	ADV
taxlaw-2799	1143	3	introduced	introduce	VERB
taxlaw-2799	1143	4	in	in	ADP
taxlaw-2799	1143	5	the	the	DET
taxlaw-2799	1143	6	house	house	NOUN
taxlaw-2799	1143	7	in	in	ADP
taxlaw-2799	1143	8	february	february	PROPN
taxlaw-2799	1143	9	1992	1992	NUM
taxlaw-2799	1143	10	,	,	PUNCT
taxlaw-2799	1143	11	the	the	DET
taxlaw-2799	1143	12	term	term	NOUN
taxlaw-2799	1143	13	was	be	AUX
taxlaw-2799	1143	14	defined	define	VERB
taxlaw-2799	1143	15	to	to	PART
taxlaw-2799	1143	16	include	include	VERB
taxlaw-2799	1143	17	(	(	PUNCT
taxlaw-2799	1143	18	i	i	NOUN
taxlaw-2799	1143	19	)	)	PUNCT
taxlaw-2799	1143	20	any	any	DET
taxlaw-2799	1143	21	derivative	derivative	ADJ
taxlaw-2799	1143	22	financial	financial	ADJ
taxlaw-2799	1143	23	instrument	instrument	NOUN
taxlaw-2799	1143	24	in	in	ADP
taxlaw-2799	1143	25	securities	security	NOUN
taxlaw-2799	1143	26	,	,	PUNCT
taxlaw-2799	1143	27	but	but	CCONJ
taxlaw-2799	1143	28	not	not	PART
taxlaw-2799	1143	29	including	include	VERB
taxlaw-2799	1143	30	any	any	DET
taxlaw-2799	1143	31	futures	future	NOUN
taxlaw-2799	1143	32	contracts	contract	NOUN
taxlaw-2799	1143	33	,	,	PUNCT
taxlaw-2799	1143	34	and	and	CCONJ
taxlaw-2799	1143	35	(	(	PUNCT
taxlaw-2799	1143	36	ii	ii	NOUN
taxlaw-2799	1143	37	)	)	PUNCT
taxlaw-2799	1143	38	any	any	DET
taxlaw-2799	1143	39	56	56	NUM
taxlaw-2799	1143	40	columbia	columbia	PROPN
taxlaw-2799	1143	41	jour	jour	PROPN
taxlaw-2799	1143	42	al	al	PROPN
taxlaw-2799	1143	43	of	of	ADP
taxlaw-2799	1143	44	tax	tax	NOUN
taxlaw-2799	1143	45	law	law	NOUN
taxlaw-2799	1144	1	[	[	X
taxlaw-2799	1144	2	vol	vol	NOUN
taxlaw-2799	1144	3	.	.	PUNCT
taxlaw-2799	1144	4	2:1	2:1	NUM
taxlaw-2799	1144	5	does	do	AUX
taxlaw-2799	1144	6	not	not	PART
taxlaw-2799	1144	7	apply	apply	VERB
taxlaw-2799	1144	8	to	to	ADP
taxlaw-2799	1144	9	interest	interest	NOUN
taxlaw-2799	1144	10	rate	rate	NOUN
taxlaw-2799	1144	11	swaps	swap	NOUN
taxlaw-2799	1144	12	,	,	PUNCT
taxlaw-2799	1144	13	foreign	foreign	ADJ
taxlaw-2799	1144	14	currency	currency	NOUN
taxlaw-2799	1144	15	swaps	swap	NOUN
taxlaw-2799	1144	16	and	and	CCONJ
taxlaw-2799	1144	17	equity	equity	NOUN
taxlaw-2799	1144	18	swaps	swap	NOUN
taxlaw-2799	1144	19	.	.	PUNCT
taxlaw-2799	1144	20	)	)	PUNCT
taxlaw-2799	1145	1	as	as	ADP
taxlaw-2799	1145	2	a	a	DET
taxlaw-2799	1145	3	result	result	NOUN
taxlaw-2799	1145	4	,	,	PUNCT
taxlaw-2799	1145	5	absent	absent	ADJ
taxlaw-2799	1145	6	the	the	DET
taxlaw-2799	1145	7	hedging	hedging	NOUN
taxlaw-2799	1145	8	rules	rule	NOUN
taxlaw-2799	1145	9	described	describe	VERB
taxlaw-2799	1145	10	below	below	ADP
taxlaw-2799	1145	11	or	or	CCONJ
taxlaw-2799	1145	12	another	another	DET
taxlaw-2799	1145	13	special	special	ADJ
taxlaw-2799	1145	14	rule	rule	NOUN
taxlaw-2799	1145	15	,	,	PUNCT
taxlaw-2799	1145	16	a	a	DET
taxlaw-2799	1145	17	dealer	dealer	NOUN
taxlaw-2799	1145	18	or	or	CCONJ
taxlaw-2799	1145	19	trader	trader	NOUN
taxlaw-2799	1145	20	that	that	PRON
taxlaw-2799	1145	21	generally	generally	ADV
taxlaw-2799	1145	22	recognizes	recognize	VERB
taxlaw-2799	1145	23	ordinary	ordinary	ADJ
taxlaw-2799	1145	24	gain	gain	NOUN
taxlaw-2799	1145	25	or	or	CCONJ
taxlaw-2799	1145	26	loss	loss	NOUN
taxlaw-2799	1145	27	from	from	ADP
taxlaw-2799	1145	28	its	its	PRON
taxlaw-2799	1145	29	securities	security	NOUN
taxlaw-2799	1145	30	activities	activity	NOUN
taxlaw-2799	1145	31	may	may	AUX
taxlaw-2799	1145	32	be	be	AUX
taxlaw-2799	1145	33	required	require	VERB
taxlaw-2799	1145	34	to	to	PART
taxlaw-2799	1145	35	recognize	recognize	VERB
taxlaw-2799	1145	36	capital	capital	NOUN
taxlaw-2799	1145	37	gain	gain	NOUN
taxlaw-2799	1145	38	or	or	CCONJ
taxlaw-2799	1145	39	loss	loss	NOUN
taxlaw-2799	1145	40	from	from	ADP
taxlaw-2799	1145	41	any	any	DET
taxlaw-2799	1145	42	section	section	NOUN
taxlaw-2799	1145	43	1256	1256	NUM
taxlaw-2799	1145	44	contracts	contract	NOUN
taxlaw-2799	1145	45	that	that	PRON
taxlaw-2799	1145	46	it	it	PRON
taxlaw-2799	1145	47	holds	hold	VERB
taxlaw-2799	1145	48	.	.	PUNCT
taxlaw-2799	1146	1	the	the	DET
taxlaw-2799	1146	2	potential	potential	ADJ
taxlaw-2799	1146	3	adverse	adverse	ADJ
taxlaw-2799	1146	4	consequences	consequence	NOUN
taxlaw-2799	1146	5	of	of	ADP
taxlaw-2799	1146	6	that	that	PRON
taxlaw-2799	1146	7	are	be	AUX
taxlaw-2799	1146	8	obvious	obvious	ADJ
taxlaw-2799	1146	9	.	.	PUNCT
taxlaw-2799	1147	1	of	of	ADP
taxlaw-2799	1147	2	the	the	DET
taxlaw-2799	1147	3	various	various	ADJ
taxlaw-2799	1147	4	types	type	NOUN
taxlaw-2799	1147	5	of	of	ADP
taxlaw-2799	1147	6	positions	position	NOUN
taxlaw-2799	1147	7	described	describe	VERB
taxlaw-2799	1147	8	above	above	ADV
taxlaw-2799	1147	9	,	,	PUNCT
taxlaw-2799	1147	10	the	the	DET
taxlaw-2799	1147	11	interest	interest	NOUN
taxlaw-2799	1147	12	rate	rate	NOUN
taxlaw-2799	1147	13	swaps	swap	NOUN
taxlaw-2799	1147	14	and	and	CCONJ
taxlaw-2799	1147	15	the	the	DET
taxlaw-2799	1147	16	long	long	ADJ
taxlaw-2799	1147	17	and	and	CCONJ
taxlaw-2799	1147	18	short	short	ADJ
taxlaw-2799	1147	19	positions	position	NOUN
taxlaw-2799	1147	20	in	in	ADP
taxlaw-2799	1147	21	treasuries	treasury	NOUN
taxlaw-2799	1147	22	clearly	clearly	ADV
taxlaw-2799	1147	23	are	be	AUX
taxlaw-2799	1147	24	not	not	PART
taxlaw-2799	1147	25	section	section	NOUN
taxlaw-2799	1147	26	1256	1256	NUM
taxlaw-2799	1147	27	contracts	contract	NOUN
taxlaw-2799	1147	28	;	;	PUNCT
taxlaw-2799	1147	29	the	the	DET
taxlaw-2799	1147	30	treasury	treasury	PROPN
taxlaw-2799	1147	31	futures	future	NOUN
taxlaw-2799	1147	32	and	and	CCONJ
taxlaw-2799	1147	33	options	option	NOUN
taxlaw-2799	1147	34	thereon	thereon	NOUN
taxlaw-2799	1147	35	and	and	CCONJ
taxlaw-2799	1147	36	presumably	presumably	ADV
taxlaw-2799	1147	37	the	the	DET
taxlaw-2799	1147	38	cme	cme	PROPN
taxlaw-2799	1147	39	swap	swap	NOUN
taxlaw-2799	1147	40	futures	future	NOUN
taxlaw-2799	1147	41	are	be	AUX
taxlaw-2799	1147	42	section	section	NOUN
taxlaw-2799	1147	43	1256	1256	NUM
taxlaw-2799	1147	44	contracts	contract	NOUN
taxlaw-2799	1147	45	;	;	PUNCT
taxlaw-2799	1147	46	and	and	CCONJ
taxlaw-2799	1147	47	it	it	PRON
taxlaw-2799	1147	48	is	be	AUX
taxlaw-2799	1147	49	uncertain	uncertain	ADJ
taxlaw-2799	1147	50	whether	whether	SCONJ
taxlaw-2799	1147	51	the	the	DET
taxlaw-2799	1147	52	idcg	idcg	PROPN
taxlaw-2799	1147	53	futures	futures	PROPN
taxlaw-2799	1147	54	contract	contract	NOUN
taxlaw-2799	1147	55	and	and	CCONJ
taxlaw-2799	1147	56	,	,	PUNCT
taxlaw-2799	1147	57	if	if	SCONJ
taxlaw-2799	1147	58	traded	trade	VERB
taxlaw-2799	1147	59	on	on	ADP
taxlaw-2799	1147	60	an	an	DET
taxlaw-2799	1147	61	exchange	exchange	NOUN
taxlaw-2799	1147	62	,	,	PUNCT
taxlaw-2799	1147	63	the	the	DET
taxlaw-2799	1147	64	forward	forward	ADJ
taxlaw-2799	1147	65	rate	rate	NOUN
taxlaw-2799	1147	66	agreement	agreement	NOUN
taxlaw-2799	1147	67	and	and	CCONJ
taxlaw-2799	1147	68	the	the	DET
taxlaw-2799	1147	69	swaption	swaption	NOUN
taxlaw-2799	1147	70	are	be	AUX
taxlaw-2799	1147	71	section	section	NOUN
taxlaw-2799	1147	72	1256	1256	NUM
taxlaw-2799	1147	73	contracts	contract	NOUN
taxlaw-2799	1147	74	.	.	PUNCT
taxlaw-2799	1148	1	the	the	DET
taxlaw-2799	1148	2	forward	forward	ADJ
taxlaw-2799	1148	3	rate	rate	NOUN
taxlaw-2799	1148	4	agreement	agreement	NOUN
taxlaw-2799	1148	5	potentially	potentially	ADV
taxlaw-2799	1148	6	could	could	AUX
taxlaw-2799	1148	7	be	be	AUX
taxlaw-2799	1148	8	a	a	DET
taxlaw-2799	1148	9	regulated	regulated	ADJ
taxlaw-2799	1148	10	futures	future	NOUN
taxlaw-2799	1148	11	contract	contract	NOUN
taxlaw-2799	1148	12	,	,	PUNCT
taxlaw-2799	1148	13	if	if	SCONJ
taxlaw-2799	1148	14	that	that	DET
taxlaw-2799	1148	15	term	term	NOUN
taxlaw-2799	1148	16	were	be	AUX
taxlaw-2799	1148	17	interpreted	interpret	VERB
taxlaw-2799	1148	18	broadly	broadly	ADV
taxlaw-2799	1148	19	,	,	PUNCT
taxlaw-2799	1148	20	and	and	CCONJ
taxlaw-2799	1148	21	the	the	DET
taxlaw-2799	1148	22	swaption	swaption	NOUN
taxlaw-2799	1148	23	could	could	AUX
taxlaw-2799	1148	24	be	be	AUX
taxlaw-2799	1148	25	a	a	DET
taxlaw-2799	1148	26	non	non	ADJ
taxlaw-2799	1148	27	-	-	ADJ
taxlaw-2799	1148	28	equity	equity	ADJ
taxlaw-2799	1148	29	option	option	NOUN
taxlaw-2799	1148	30	,	,	PUNCT
taxlaw-2799	1148	31	unless	unless	SCONJ
taxlaw-2799	1148	32	either	either	CCONJ
taxlaw-2799	1148	33	constituted	constitute	VERB
taxlaw-2799	1148	34	a	a	DET
taxlaw-2799	1148	35	“	"	PUNCT
taxlaw-2799	1148	36	similar	similar	ADJ
taxlaw-2799	1148	37	agreement	agreement	NOUN
taxlaw-2799	1148	38	”	"	PUNCT
taxlaw-2799	1148	39	within	within	ADP
taxlaw-2799	1148	40	the	the	DET
taxlaw-2799	1148	41	meaning	meaning	NOUN
taxlaw-2799	1148	42	of	of	ADP
taxlaw-2799	1148	43	the	the	DET
taxlaw-2799	1148	44	dodd	dodd	PROPN
taxlaw-2799	1148	45	-	-	PUNCT
taxlaw-2799	1148	46	frank	frank	PROPN
taxlaw-2799	1148	47	amendment	amendment	NOUN
taxlaw-2799	1148	48	to	to	ADP
taxlaw-2799	1148	49	§	§	PROPN
taxlaw-2799	1148	50	1256	1256	NUM
taxlaw-2799	1148	51	.	.	PUNCT
taxlaw-2799	1149	1	thus	thus	ADV
taxlaw-2799	1149	2	,	,	PUNCT
taxlaw-2799	1149	3	a	a	DET
taxlaw-2799	1149	4	substantial	substantial	ADJ
taxlaw-2799	1149	5	portion	portion	NOUN
taxlaw-2799	1149	6	of	of	ADP
taxlaw-2799	1149	7	the	the	DET
taxlaw-2799	1149	8	dealer	dealer	NOUN
taxlaw-2799	1149	9	’s	’s	PART
taxlaw-2799	1149	10	book	book	NOUN
taxlaw-2799	1149	11	may	may	AUX
taxlaw-2799	1149	12	consist	consist	VERB
taxlaw-2799	1149	13	of	of	ADP
taxlaw-2799	1149	14	section	section	NOUN
taxlaw-2799	1149	15	1256	1256	NUM
taxlaw-2799	1149	16	contracts	contract	NOUN
taxlaw-2799	1149	17	with	with	ADP
taxlaw-2799	1149	18	the	the	DET
taxlaw-2799	1149	19	potential	potential	NOUN
taxlaw-2799	1149	20	for	for	ADP
taxlaw-2799	1149	21	capital	capital	NOUN
taxlaw-2799	1149	22	losses	loss	NOUN
taxlaw-2799	1149	23	.	.	PUNCT
taxlaw-2799	1150	1	there	there	PRON
taxlaw-2799	1150	2	is	be	VERB
taxlaw-2799	1150	3	an	an	DET
taxlaw-2799	1150	4	escape	escape	NOUN
taxlaw-2799	1150	5	from	from	ADP
taxlaw-2799	1150	6	this	this	DET
taxlaw-2799	1150	7	unhappy	unhappy	ADJ
taxlaw-2799	1150	8	state	state	NOUN
taxlaw-2799	1150	9	of	of	ADP
taxlaw-2799	1150	10	affairs	affair	NOUN
taxlaw-2799	1150	11	,	,	PUNCT
taxlaw-2799	1150	12	because	because	SCONJ
taxlaw-2799	1150	13	a	a	DET
taxlaw-2799	1150	14	section	section	NOUN
taxlaw-2799	1150	15	1256	1256	NUM
taxlaw-2799	1150	16	contract	contract	NOUN
taxlaw-2799	1150	17	that	that	PRON
taxlaw-2799	1150	18	hedges	hedge	VERB
taxlaw-2799	1150	19	a	a	DET
taxlaw-2799	1150	20	§	§	PROPN
taxlaw-2799	1150	21	475	475	NUM
taxlaw-2799	1150	22	“	"	PUNCT
taxlaw-2799	1150	23	security	security	NOUN
taxlaw-2799	1150	24	”	"	PUNCT
taxlaw-2799	1150	25	may	may	AUX
taxlaw-2799	1150	26	itself	itself	PRON
taxlaw-2799	1150	27	be	be	AUX
taxlaw-2799	1150	28	treated	treat	VERB
taxlaw-2799	1150	29	as	as	ADP
taxlaw-2799	1150	30	a	a	DET
taxlaw-2799	1150	31	§	§	PROPN
taxlaw-2799	1150	32	475	475	NUM
taxlaw-2799	1150	33	“	"	PUNCT
taxlaw-2799	1150	34	security	security	NOUN
taxlaw-2799	1150	35	.	.	PUNCT
taxlaw-2799	1150	36	”102	”102	PUNCT
taxlaw-2799	1151	1	however	however	ADV
taxlaw-2799	1151	2	,	,	PUNCT
taxlaw-2799	1151	3	this	this	DET
taxlaw-2799	1151	4	hedging	hedging	NOUN
taxlaw-2799	1151	5	election	election	NOUN
taxlaw-2799	1151	6	is	be	AUX
taxlaw-2799	1151	7	available	available	ADJ
taxlaw-2799	1151	8	only	only	ADV
taxlaw-2799	1151	9	if	if	SCONJ
taxlaw-2799	1151	10	the	the	DET
taxlaw-2799	1151	11	hedge	hedge	NOUN
taxlaw-2799	1151	12	is	be	AUX
taxlaw-2799	1151	13	clearly	clearly	ADV
taxlaw-2799	1151	14	identified	identify	VERB
taxlaw-2799	1151	15	on	on	ADP
taxlaw-2799	1151	16	the	the	DET
taxlaw-2799	1151	17	dealer	dealer	NOUN
taxlaw-2799	1151	18	’s	’s	PART
taxlaw-2799	1151	19	records	record	NOUN
taxlaw-2799	1151	20	as	as	ADP
taxlaw-2799	1151	21	a	a	DET
taxlaw-2799	1151	22	§	§	PROPN
taxlaw-2799	1151	23	475	475	NUM
taxlaw-2799	1151	24	hedge	hedge	NOUN
taxlaw-2799	1151	25	before	before	ADP
taxlaw-2799	1151	26	the	the	DET
taxlaw-2799	1151	27	close	close	NOUN
taxlaw-2799	1151	28	of	of	ADP
taxlaw-2799	1151	29	the	the	DET
taxlaw-2799	1151	30	day	day	NOUN
taxlaw-2799	1151	31	on	on	ADP
taxlaw-2799	1151	32	which	which	PRON
taxlaw-2799	1151	33	it	it	PRON
taxlaw-2799	1151	34	was	be	AUX
taxlaw-2799	1151	35	entered	enter	VERB
taxlaw-2799	1151	36	into	into	ADP
taxlaw-2799	1151	37	.	.	PUNCT
taxlaw-2799	1152	1	as	as	ADP
taxlaw-2799	1152	2	a	a	DET
taxlaw-2799	1152	3	practical	practical	ADJ
taxlaw-2799	1152	4	matter	matter	NOUN
taxlaw-2799	1152	5	,	,	PUNCT
taxlaw-2799	1152	6	a	a	DET
taxlaw-2799	1152	7	swap	swap	NOUN
taxlaw-2799	1152	8	may	may	AUX
taxlaw-2799	1152	9	not	not	PART
taxlaw-2799	1152	10	hedge	hedge	VERB
taxlaw-2799	1152	11	a	a	DET
taxlaw-2799	1152	12	§	§	PROPN
taxlaw-2799	1152	13	475	475	NUM
taxlaw-2799	1152	14	security	security	NOUN
taxlaw-2799	1152	15	,	,	PUNCT
taxlaw-2799	1152	16	or	or	CCONJ
taxlaw-2799	1152	17	it	it	PRON
taxlaw-2799	1152	18	may	may	AUX
taxlaw-2799	1152	19	be	be	AUX
taxlaw-2799	1152	20	difficult	difficult	ADJ
taxlaw-2799	1152	21	to	to	PART
taxlaw-2799	1152	22	determine	determine	VERB
taxlaw-2799	1152	23	whether	whether	SCONJ
taxlaw-2799	1152	24	it	it	PRON
taxlaw-2799	1152	25	does	do	VERB
taxlaw-2799	1152	26	so	so	ADV
taxlaw-2799	1152	27	with	with	ADP
taxlaw-2799	1152	28	any	any	DET
taxlaw-2799	1152	29	certainty	certainty	NOUN
taxlaw-2799	1152	30	,	,	PUNCT
taxlaw-2799	1152	31	or	or	CCONJ
taxlaw-2799	1152	32	it	it	PRON
taxlaw-2799	1152	33	may	may	AUX
taxlaw-2799	1152	34	be	be	AUX
taxlaw-2799	1152	35	difficult	difficult	ADJ
taxlaw-2799	1152	36	to	to	PART
taxlaw-2799	1152	37	do	do	VERB
taxlaw-2799	1152	38	so	so	ADV
taxlaw-2799	1152	39	in	in	ADP
taxlaw-2799	1152	40	a	a	DET
taxlaw-2799	1152	41	manner	manner	NOUN
taxlaw-2799	1152	42	that	that	PRON
taxlaw-2799	1152	43	satisfies	satisfy	VERB
taxlaw-2799	1152	44	the	the	DET
taxlaw-2799	1152	45	close	close	VERB
taxlaw-2799	1152	46	-	-	PUNCT
taxlaw-2799	1152	47	of	of	ADP
taxlaw-2799	1152	48	-	-	PUNCT
taxlaw-2799	1152	49	day	day	NOUN
taxlaw-2799	1152	50	identification	identification	NOUN
taxlaw-2799	1152	51	requirement	requirement	NOUN
taxlaw-2799	1152	52	.	.	PUNCT
taxlaw-2799	1153	1	that	that	PRON
taxlaw-2799	1153	2	is	be	AUX
taxlaw-2799	1153	3	because	because	SCONJ
taxlaw-2799	1153	4	dealers	dealer	NOUN
taxlaw-2799	1153	5	generally	generally	ADV
taxlaw-2799	1153	6	hedge	hedge	VERB
taxlaw-2799	1153	7	their	their	PRON
taxlaw-2799	1153	8	positions	position	NOUN
taxlaw-2799	1153	9	on	on	ADP
taxlaw-2799	1153	10	an	an	DET
taxlaw-2799	1153	11	aggregate	aggregate	ADJ
taxlaw-2799	1153	12	basis	basis	NOUN
taxlaw-2799	1153	13	rather	rather	ADV
taxlaw-2799	1153	14	than	than	ADP
taxlaw-2799	1153	15	on	on	ADP
taxlaw-2799	1153	16	a	a	DET
taxlaw-2799	1153	17	position	position	NOUN
taxlaw-2799	1153	18	-	-	PUNCT
taxlaw-2799	1153	19	by	by	ADP
taxlaw-2799	1153	20	-	-	PUNCT
taxlaw-2799	1153	21	position	position	NOUN
taxlaw-2799	1153	22	basis	basis	NOUN
taxlaw-2799	1153	23	.	.	PUNCT
taxlaw-2799	1154	1	also	also	ADV
taxlaw-2799	1154	2	,	,	PUNCT
taxlaw-2799	1154	3	the	the	PRON
taxlaw-2799	1154	4	higher	high	ADJ
taxlaw-2799	1154	5	the	the	DET
taxlaw-2799	1154	6	portion	portion	NOUN
taxlaw-2799	1154	7	of	of	ADP
taxlaw-2799	1154	8	a	a	DET
taxlaw-2799	1154	9	dealer	dealer	NOUN
taxlaw-2799	1154	10	’s	’s	PART
taxlaw-2799	1154	11	book	book	NOUN
taxlaw-2799	1154	12	that	that	PRON
taxlaw-2799	1154	13	consists	consist	VERB
taxlaw-2799	1154	14	of	of	ADP
taxlaw-2799	1154	15	section	section	NOUN
taxlaw-2799	1154	16	1256	1256	NUM
taxlaw-2799	1154	17	contracts	contract	NOUN
taxlaw-2799	1154	18	,	,	PUNCT
taxlaw-2799	1154	19	the	the	DET
taxlaw-2799	1154	20	more	more	ADV
taxlaw-2799	1154	21	notional	notional	ADJ
taxlaw-2799	1154	22	principal	principal	ADJ
taxlaw-2799	1154	23	contract	contract	NOUN
taxlaw-2799	1154	24	other	other	ADJ
taxlaw-2799	1154	25	than	than	ADP
taxlaw-2799	1154	26	a	a	DET
taxlaw-2799	1154	27	commodity	commodity	NOUN
taxlaw-2799	1154	28	-	-	PUNCT
taxlaw-2799	1154	29	linked	link	VERB
taxlaw-2799	1154	30	notional	notional	ADJ
taxlaw-2799	1154	31	principal	principal	ADJ
taxlaw-2799	1154	32	contract	contract	NOUN
taxlaw-2799	1154	33	.	.	PUNCT
taxlaw-2799	1155	1	daniel	daniel	PROPN
taxlaw-2799	1155	2	rostenkowski	rostenkowski	PROPN
taxlaw-2799	1155	3	,	,	PUNCT
taxlaw-2799	1155	4	comm	comm	NOUN
taxlaw-2799	1155	5	.	.	PUNCT
taxlaw-2799	1156	1	of	of	ADP
taxlaw-2799	1156	2	conference	conference	NOUN
taxlaw-2799	1156	3	,	,	PUNCT
taxlaw-2799	1156	4	technical	technical	ADJ
taxlaw-2799	1156	5	explanation	explanation	NOUN
taxlaw-2799	1156	6	of	of	ADP
taxlaw-2799	1156	7	tax	tax	NOUN
taxlaw-2799	1156	8	fairness	fairness	NOUN
taxlaw-2799	1156	9	and	and	CCONJ
taxlaw-2799	1156	10	economic	economic	ADJ
taxlaw-2799	1156	11	growth	growth	NOUN
taxlaw-2799	1156	12	bill	bill	NOUN
taxlaw-2799	1156	13	of	of	ADP
taxlaw-2799	1156	14	1992	1992	NUM
taxlaw-2799	1156	15	,	,	PUNCT
taxlaw-2799	1156	16	h.r	h.r	PROPN
taxlaw-2799	1156	17	.	.	PROPN
taxlaw-2799	1156	18	4287	4287	NUM
taxlaw-2799	1156	19	,	,	PUNCT
taxlaw-2799	1156	20	102d	102d	NUM
taxlaw-2799	1156	21	cong	cong	NOUN
taxlaw-2799	1156	22	.	.	PUNCT
taxlaw-2799	1157	1	(	(	PUNCT
taxlaw-2799	1157	2	as	as	SCONJ
taxlaw-2799	1157	3	introduced	introduce	VERB
taxlaw-2799	1157	4	in	in	ADP
taxlaw-2799	1157	5	the	the	DET
taxlaw-2799	1157	6	house	house	NOUN
taxlaw-2799	1157	7	on	on	ADP
taxlaw-2799	1157	8	feb	feb	PROPN
taxlaw-2799	1157	9	.	.	PROPN
taxlaw-2799	1157	10	22	22	NUM
taxlaw-2799	1157	11	,	,	PUNCT
taxlaw-2799	1157	12	1992	1992	NUM
taxlaw-2799	1157	13	)	)	PUNCT
taxlaw-2799	1157	14	.	.	PUNCT
taxlaw-2799	1158	1	a	a	DET
taxlaw-2799	1158	2	month	month	NOUN
taxlaw-2799	1158	3	later	later	ADV
taxlaw-2799	1158	4	,	,	PUNCT
taxlaw-2799	1158	5	after	after	ADP
taxlaw-2799	1158	6	consideration	consideration	NOUN
taxlaw-2799	1158	7	by	by	ADP
taxlaw-2799	1158	8	the	the	DET
taxlaw-2799	1158	9	senate	senate	PROPN
taxlaw-2799	1158	10	,	,	PUNCT
taxlaw-2799	1158	11	the	the	DET
taxlaw-2799	1158	12	npc	npc	NOUN
taxlaw-2799	1158	13	language	language	NOUN
taxlaw-2799	1158	14	was	be	AUX
taxlaw-2799	1158	15	unchanged	unchanged	ADJ
taxlaw-2799	1158	16	but	but	CCONJ
taxlaw-2799	1158	17	the	the	DET
taxlaw-2799	1158	18	catch	catch	NOUN
taxlaw-2799	1158	19	-	-	PUNCT
taxlaw-2799	1158	20	all	all	PRON
taxlaw-2799	1158	21	provision	provision	NOUN
taxlaw-2799	1158	22	now	now	ADV
taxlaw-2799	1158	23	referred	refer	VERB
taxlaw-2799	1158	24	to	to	ADP
taxlaw-2799	1158	25	a	a	DET
taxlaw-2799	1158	26	derivative	derivative	ADJ
taxlaw-2799	1158	27	financial	financial	ADJ
taxlaw-2799	1158	28	instrument	instrument	NOUN
taxlaw-2799	1158	29	in	in	ADP
taxlaw-2799	1158	30	any	any	DET
taxlaw-2799	1158	31	security	security	NOUN
taxlaw-2799	1158	32	otherwise	otherwise	ADV
taxlaw-2799	1158	33	described	describe	VERB
taxlaw-2799	1158	34	,	,	PUNCT
taxlaw-2799	1158	35	but	but	CCONJ
taxlaw-2799	1158	36	not	not	PART
taxlaw-2799	1158	37	including	include	VERB
taxlaw-2799	1158	38	any	any	DET
taxlaw-2799	1158	39	contract	contract	NOUN
taxlaw-2799	1158	40	to	to	PART
taxlaw-2799	1158	41	which	which	PRON
taxlaw-2799	1158	42	§	§	PROPN
taxlaw-2799	1158	43	1256(a	1256(a	NUM
taxlaw-2799	1158	44	)	)	PUNCT
taxlaw-2799	1158	45	applies	apply	VERB
taxlaw-2799	1158	46	.	.	PUNCT
taxlaw-2799	1159	1	family	family	NOUN
taxlaw-2799	1159	2	tax	tax	NOUN
taxlaw-2799	1159	3	fairness	fairness	NOUN
taxlaw-2799	1159	4	,	,	PUNCT
taxlaw-2799	1159	5	economic	economic	ADJ
taxlaw-2799	1159	6	growth	growth	NOUN
taxlaw-2799	1159	7	,	,	PUNCT
taxlaw-2799	1159	8	and	and	CCONJ
taxlaw-2799	1159	9	health	health	NOUN
taxlaw-2799	1159	10	care	care	NOUN
taxlaw-2799	1159	11	access	access	NOUN
taxlaw-2799	1159	12	bill	bill	NOUN
taxlaw-2799	1159	13	of	of	ADP
taxlaw-2799	1159	14	1992	1992	NUM
taxlaw-2799	1159	15	,	,	PUNCT
taxlaw-2799	1159	16	h.r	h.r	PROPN
taxlaw-2799	1159	17	.	.	PROPN
taxlaw-2799	1159	18	4210	4210	NUM
taxlaw-2799	1159	19	,	,	PUNCT
taxlaw-2799	1159	20	102d	102d	NUM
taxlaw-2799	1159	21	cong	cong	NOUN
taxlaw-2799	1159	22	.	.	PUNCT
taxlaw-2799	1160	1	(	(	PUNCT
taxlaw-2799	1160	2	as	as	SCONJ
taxlaw-2799	1160	3	reported	report	VERB
taxlaw-2799	1160	4	in	in	ADP
taxlaw-2799	1160	5	the	the	DET
taxlaw-2799	1160	6	senate	senate	PROPN
taxlaw-2799	1160	7	mar	mar	PROPN
taxlaw-2799	1160	8	.	.	PROPN
taxlaw-2799	1160	9	9	9	NUM
taxlaw-2799	1160	10	,	,	PUNCT
taxlaw-2799	1160	11	1992	1992	NUM
taxlaw-2799	1160	12	)	)	PUNCT
taxlaw-2799	1160	13	.	.	PUNCT
taxlaw-2799	1161	1	the	the	DET
taxlaw-2799	1161	2	legislative	legislative	ADJ
taxlaw-2799	1161	3	history	history	NOUN
taxlaw-2799	1161	4	gives	give	VERB
taxlaw-2799	1161	5	no	no	DET
taxlaw-2799	1161	6	explanation	explanation	NOUN
taxlaw-2799	1161	7	for	for	ADP
taxlaw-2799	1161	8	the	the	DET
taxlaw-2799	1161	9	change	change	NOUN
taxlaw-2799	1161	10	from	from	ADP
taxlaw-2799	1161	11	“	"	PUNCT
taxlaw-2799	1161	12	futures	future	NOUN
taxlaw-2799	1161	13	contract	contract	NOUN
taxlaw-2799	1161	14	”	"	PUNCT
taxlaw-2799	1161	15	to	to	ADP
taxlaw-2799	1161	16	“	"	PUNCT
taxlaw-2799	1161	17	any	any	DET
taxlaw-2799	1161	18	contract	contract	NOUN
taxlaw-2799	1161	19	to	to	PART
taxlaw-2799	1161	20	which	which	PRON
taxlaw-2799	1161	21	§	§	PROPN
taxlaw-2799	1161	22	1256(a	1256(a	NUM
taxlaw-2799	1161	23	)	)	PUNCT
taxlaw-2799	1161	24	applies	apply	VERB
taxlaw-2799	1161	25	,	,	PUNCT
taxlaw-2799	1161	26	”	"	PUNCT
taxlaw-2799	1161	27	but	but	CCONJ
taxlaw-2799	1161	28	it	it	PRON
taxlaw-2799	1161	29	seems	seem	VERB
taxlaw-2799	1161	30	plausible	plausible	ADJ
taxlaw-2799	1161	31	that	that	SCONJ
taxlaw-2799	1161	32	the	the	DET
taxlaw-2799	1161	33	change	change	NOUN
taxlaw-2799	1161	34	was	be	AUX
taxlaw-2799	1161	35	intended	intend	VERB
taxlaw-2799	1161	36	to	to	PART
taxlaw-2799	1161	37	clarify	clarify	VERB
taxlaw-2799	1161	38	that	that	SCONJ
taxlaw-2799	1161	39	the	the	DET
taxlaw-2799	1161	40	definition	definition	NOUN
taxlaw-2799	1161	41	excluded	exclude	VERB
taxlaw-2799	1161	42	futures	future	NOUN
taxlaw-2799	1161	43	contracts	contract	NOUN
taxlaw-2799	1161	44	subject	subject	ADJ
taxlaw-2799	1161	45	to	to	ADP
taxlaw-2799	1161	46	§	§	PROPN
taxlaw-2799	1161	47	1256	1256	NUM
taxlaw-2799	1161	48	,	,	PUNCT
taxlaw-2799	1161	49	and	and	CCONJ
taxlaw-2799	1161	50	not	not	PART
taxlaw-2799	1161	51	other	other	ADJ
taxlaw-2799	1161	52	futures	future	NOUN
taxlaw-2799	1161	53	contracts	contract	NOUN
taxlaw-2799	1161	54	.	.	PUNCT
taxlaw-2799	1162	1	finally	finally	ADV
taxlaw-2799	1162	2	,	,	PUNCT
taxlaw-2799	1162	3	in	in	ADP
taxlaw-2799	1162	4	the	the	DET
taxlaw-2799	1162	5	conference	conference	NOUN
taxlaw-2799	1162	6	bill	bill	NOUN
taxlaw-2799	1162	7	passed	pass	VERB
taxlaw-2799	1162	8	later	later	ADV
taxlaw-2799	1162	9	that	that	DET
taxlaw-2799	1162	10	month	month	NOUN
taxlaw-2799	1162	11	(	(	PUNCT
taxlaw-2799	1162	12	and	and	CCONJ
taxlaw-2799	1162	13	vetoed	veto	VERB
taxlaw-2799	1162	14	by	by	ADP
taxlaw-2799	1162	15	the	the	DET
taxlaw-2799	1162	16	president	president	NOUN
taxlaw-2799	1162	17	)	)	PUNCT
taxlaw-2799	1162	18	,	,	PUNCT
taxlaw-2799	1162	19	the	the	DET
taxlaw-2799	1162	20	npc	npc	PROPN
taxlaw-2799	1162	21	clause	clause	NOUN
taxlaw-2799	1162	22	was	be	AUX
taxlaw-2799	1162	23	revised	revise	VERB
taxlaw-2799	1162	24	to	to	PART
taxlaw-2799	1162	25	read	read	VERB
taxlaw-2799	1162	26	as	as	SCONJ
taxlaw-2799	1162	27	it	it	PRON
taxlaw-2799	1162	28	now	now	ADV
taxlaw-2799	1162	29	does	do	VERB
taxlaw-2799	1162	30	,	,	PUNCT
taxlaw-2799	1162	31	referring	refer	VERB
taxlaw-2799	1162	32	to	to	ADP
taxlaw-2799	1162	33	interest	interest	NOUN
taxlaw-2799	1162	34	rate	rate	NOUN
taxlaw-2799	1162	35	,	,	PUNCT
taxlaw-2799	1162	36	currency	currency	NOUN
taxlaw-2799	1162	37	or	or	CCONJ
taxlaw-2799	1162	38	equity	equity	NOUN
taxlaw-2799	1162	39	npcs	npc	NOUN
taxlaw-2799	1162	40	.	.	PUNCT
taxlaw-2799	1163	1	daniel	daniel	PROPN
taxlaw-2799	1163	2	rostenkowski	rostenkowski	PROPN
taxlaw-2799	1163	3	,	,	PUNCT
taxlaw-2799	1163	4	comm	comm	NOUN
taxlaw-2799	1163	5	.	.	PUNCT
taxlaw-2799	1164	1	of	of	ADP
taxlaw-2799	1164	2	conference	conference	NOUN
taxlaw-2799	1164	3	,	,	PUNCT
taxlaw-2799	1164	4	tax	tax	NOUN
taxlaw-2799	1164	5	fairness	fairness	NOUN
taxlaw-2799	1164	6	and	and	CCONJ
taxlaw-2799	1164	7	economic	economic	ADJ
taxlaw-2799	1164	8	growth	growth	NOUN
taxlaw-2799	1164	9	bill	bill	NOUN
taxlaw-2799	1164	10	of	of	ADP
taxlaw-2799	1164	11	1992	1992	NUM
taxlaw-2799	1164	12	,	,	PUNCT
taxlaw-2799	1164	13	h.r	h.r	PROPN
taxlaw-2799	1164	14	.	.	PROPN
taxlaw-2799	1164	15	rep	rep	PROPN
taxlaw-2799	1164	16	.	.	PROPN
taxlaw-2799	1164	17	no	no	INTJ
taxlaw-2799	1164	18	.	.	NOUN
taxlaw-2799	1165	1	102	102	NUM
taxlaw-2799	1165	2	-	-	SYM
taxlaw-2799	1165	3	461	461	NUM
taxlaw-2799	1165	4	(	(	PUNCT
taxlaw-2799	1165	5	1992	1992	NUM
taxlaw-2799	1165	6	)	)	PUNCT
taxlaw-2799	1165	7	(	(	PUNCT
taxlaw-2799	1165	8	conf	conf	NOUN
taxlaw-2799	1165	9	.	.	PUNCT
taxlaw-2799	1165	10	rep	rep	PROPN
taxlaw-2799	1165	11	.	.	PROPN
taxlaw-2799	1165	12	)	)	PUNCT
taxlaw-2799	1165	13	.	.	PUNCT
taxlaw-2799	1166	1	102	102	NUM
taxlaw-2799	1166	2	i.r.c	i.r.c	NOUN
taxlaw-2799	1166	3	.	.	PUNCT
taxlaw-2799	1167	1	§	§	PROPN
taxlaw-2799	1167	2	475(c)(2)(f	475(c)(2)(f	PROPN
taxlaw-2799	1167	3	)	)	PUNCT
taxlaw-2799	1167	4	(	(	PUNCT
taxlaw-2799	1167	5	2010	2010	NUM
taxlaw-2799	1167	6	)	)	PUNCT
taxlaw-2799	1167	7	;	;	PUNCT
taxlaw-2799	1167	8	see	see	VERB
taxlaw-2799	1167	9	also	also	ADV
taxlaw-2799	1167	10	§	§	PROPN
taxlaw-2799	1167	11	1256(e	1256(e	NUM
taxlaw-2799	1167	12	)	)	PUNCT
taxlaw-2799	1167	13	for	for	ADP
taxlaw-2799	1167	14	a	a	DET
taxlaw-2799	1167	15	broadly	broadly	ADV
taxlaw-2799	1167	16	similar	similar	ADJ
taxlaw-2799	1167	17	hedging	hedging	NOUN
taxlaw-2799	1167	18	exception	exception	NOUN
taxlaw-2799	1167	19	.	.	PUNCT
taxlaw-2799	1168	1	2011	2011	NUM
taxlaw-2799	1168	2	]	]	PUNCT
taxlaw-2799	1168	3	ew	ew	NOUN
taxlaw-2799	1168	4	tax	tax	NOUN
taxlaw-2799	1168	5	issues	issue	NOUN
taxlaw-2799	1168	6	arisi	arisi	VERB
taxlaw-2799	1168	7	g	g	PROPN
taxlaw-2799	1168	8	from	from	ADP
taxlaw-2799	1168	9	the	the	DET
taxlaw-2799	1168	10	dodd	dodd	NOUN
taxlaw-2799	1168	11	-	-	PUNCT
taxlaw-2799	1168	12	fra	fra	PROPN
taxlaw-2799	1168	13	k	k	PROPN
taxlaw-2799	1168	14	act	act	PROPN
taxlaw-2799	1168	15	57	57	NUM
taxlaw-2799	1168	16	difficult	difficult	ADJ
taxlaw-2799	1168	17	it	it	PRON
taxlaw-2799	1168	18	may	may	AUX
taxlaw-2799	1168	19	be	be	AUX
taxlaw-2799	1168	20	to	to	PART
taxlaw-2799	1168	21	establish	establish	VERB
taxlaw-2799	1168	22	that	that	SCONJ
taxlaw-2799	1168	23	any	any	DET
taxlaw-2799	1168	24	one	one	NUM
taxlaw-2799	1168	25	such	such	ADJ
taxlaw-2799	1168	26	contract	contract	NOUN
taxlaw-2799	1168	27	hedges	hedge	VERB
taxlaw-2799	1168	28	a	a	DET
taxlaw-2799	1168	29	nonsection	nonsection	NOUN
taxlaw-2799	1168	30	1256	1256	NUM
taxlaw-2799	1168	31	contract.103	contract.103	NOUN
taxlaw-2799	1168	32	as	as	SCONJ
taxlaw-2799	1168	33	described	describe	VERB
taxlaw-2799	1168	34	above	above	ADV
taxlaw-2799	1168	35	,	,	PUNCT
taxlaw-2799	1168	36	the	the	DET
taxlaw-2799	1168	37	principal	principal	ADJ
taxlaw-2799	1168	38	purpose	purpose	NOUN
taxlaw-2799	1168	39	of	of	ADP
taxlaw-2799	1168	40	§	§	PROPN
taxlaw-2799	1168	41	1256	1256	NUM
taxlaw-2799	1168	42	is	be	AUX
taxlaw-2799	1168	43	to	to	PART
taxlaw-2799	1168	44	require	require	VERB
taxlaw-2799	1168	45	taxpayers	taxpayer	NOUN
taxlaw-2799	1168	46	to	to	PART
taxlaw-2799	1168	47	mark	mark	VERB
taxlaw-2799	1168	48	section	section	PROPN
taxlaw-2799	1168	49	1256	1256	NUM
taxlaw-2799	1168	50	contracts	contract	NOUN
taxlaw-2799	1168	51	to	to	ADP
taxlaw-2799	1168	52	market	market	NOUN
taxlaw-2799	1168	53	,	,	PUNCT
taxlaw-2799	1168	54	and	and	CCONJ
taxlaw-2799	1168	55	the	the	DET
taxlaw-2799	1168	56	mandate	mandate	NOUN
taxlaw-2799	1168	57	that	that	PRON
taxlaw-2799	1168	58	gain	gain	VERB
taxlaw-2799	1168	59	or	or	CCONJ
taxlaw-2799	1168	60	loss	loss	NOUN
taxlaw-2799	1168	61	from	from	ADP
taxlaw-2799	1168	62	section	section	NOUN
taxlaw-2799	1168	63	1256	1256	NUM
taxlaw-2799	1168	64	contracts	contract	NOUN
taxlaw-2799	1168	65	be	be	AUX
taxlaw-2799	1168	66	treated	treat	VERB
taxlaw-2799	1168	67	as	as	ADP
taxlaw-2799	1168	68	long	long	ADJ
taxlaw-2799	1168	69	-	-	PUNCT
taxlaw-2799	1168	70	term	term	NOUN
taxlaw-2799	1168	71	and	and	CCONJ
taxlaw-2799	1168	72	shortterm	shortterm	PROPN
taxlaw-2799	1168	73	capital	capital	NOUN
taxlaw-2799	1168	74	gain	gain	NOUN
taxlaw-2799	1168	75	was	be	AUX
taxlaw-2799	1168	76	a	a	DET
taxlaw-2799	1168	77	sweetener	sweetener	NOUN
taxlaw-2799	1168	78	intended	intend	VERB
taxlaw-2799	1168	79	to	to	PART
taxlaw-2799	1168	80	mitigate	mitigate	VERB
taxlaw-2799	1168	81	the	the	DET
taxlaw-2799	1168	82	blow	blow	NOUN
taxlaw-2799	1168	83	of	of	ADP
taxlaw-2799	1168	84	marking	mark	VERB
taxlaw-2799	1168	85	103	103	NUM
taxlaw-2799	1168	86	there	there	PRON
taxlaw-2799	1168	87	are	be	VERB
taxlaw-2799	1168	88	some	some	DET
taxlaw-2799	1168	89	other	other	ADJ
taxlaw-2799	1168	90	possible	possible	ADJ
taxlaw-2799	1168	91	avenues	avenue	NOUN
taxlaw-2799	1168	92	for	for	ADP
taxlaw-2799	1168	93	relief	relief	NOUN
taxlaw-2799	1168	94	from	from	ADP
taxlaw-2799	1168	95	capital	capital	NOUN
taxlaw-2799	1168	96	treatment	treatment	NOUN
taxlaw-2799	1168	97	,	,	PUNCT
taxlaw-2799	1168	98	under	under	ADP
taxlaw-2799	1168	99	§	§	PROPN
taxlaw-2799	1168	100	1256(f)(2	1256(f)(2	NUM
taxlaw-2799	1168	101	)	)	PUNCT
taxlaw-2799	1168	102	and/or	and/or	CCONJ
taxlaw-2799	1168	103	§	§	PROPN
taxlaw-2799	1168	104	1256(f)(3	1256(f)(3	NUM
taxlaw-2799	1168	105	)	)	PUNCT
taxlaw-2799	1168	106	,	,	PUNCT
taxlaw-2799	1168	107	but	but	CCONJ
taxlaw-2799	1168	108	as	as	SCONJ
taxlaw-2799	1168	109	discussed	discuss	VERB
taxlaw-2799	1168	110	below	below	ADV
taxlaw-2799	1168	111	they	they	PRON
taxlaw-2799	1168	112	do	do	AUX
taxlaw-2799	1168	113	not	not	PART
taxlaw-2799	1168	114	seem	seem	VERB
taxlaw-2799	1168	115	to	to	PART
taxlaw-2799	1168	116	change	change	VERB
taxlaw-2799	1168	117	the	the	DET
taxlaw-2799	1168	118	overall	overall	ADJ
taxlaw-2799	1168	119	picture	picture	NOUN
taxlaw-2799	1168	120	in	in	ADP
taxlaw-2799	1168	121	any	any	DET
taxlaw-2799	1168	122	significant	significant	ADJ
taxlaw-2799	1168	123	way	way	NOUN
taxlaw-2799	1168	124	.	.	PUNCT
taxlaw-2799	1169	1	section	section	NOUN
taxlaw-2799	1169	2	1256(f)(2	1256(f)(2	NUM
taxlaw-2799	1169	3	)	)	PUNCT
taxlaw-2799	1169	4	provides	provide	VERB
taxlaw-2799	1169	5	that	that	SCONJ
taxlaw-2799	1169	6	§	§	PROPN
taxlaw-2799	1169	7	1256(a)(3	1256(a)(3	NOUN
taxlaw-2799	1169	8	)	)	PUNCT
taxlaw-2799	1169	9	(	(	PUNCT
taxlaw-2799	1169	10	requiring	require	VERB
taxlaw-2799	1169	11	60/40	60/40	NUM
taxlaw-2799	1169	12	capital	capital	NOUN
taxlaw-2799	1169	13	gain	gain	NOUN
taxlaw-2799	1169	14	/	/	SYM
taxlaw-2799	1169	15	loss	loss	NOUN
taxlaw-2799	1169	16	)	)	PUNCT
taxlaw-2799	1169	17	does	do	AUX
taxlaw-2799	1169	18	not	not	PART
taxlaw-2799	1169	19	apply	apply	VERB
taxlaw-2799	1169	20	to	to	ADP
taxlaw-2799	1169	21	any	any	DET
taxlaw-2799	1169	22	gain	gain	NOUN
taxlaw-2799	1169	23	or	or	CCONJ
taxlaw-2799	1169	24	loss	loss	NOUN
taxlaw-2799	1169	25	which	which	PRON
taxlaw-2799	1169	26	,	,	PUNCT
taxlaw-2799	1169	27	but	but	CCONJ
taxlaw-2799	1169	28	for	for	ADP
taxlaw-2799	1169	29	such	such	ADJ
taxlaw-2799	1169	30	paragraph	paragraph	NOUN
taxlaw-2799	1169	31	,	,	PUNCT
taxlaw-2799	1169	32	would	would	AUX
taxlaw-2799	1169	33	be	be	AUX
taxlaw-2799	1169	34	ordinary	ordinary	ADJ
taxlaw-2799	1169	35	income	income	NOUN
taxlaw-2799	1169	36	or	or	CCONJ
taxlaw-2799	1169	37	loss	loss	NOUN
taxlaw-2799	1169	38	.	.	PUNCT
taxlaw-2799	1170	1	this	this	DET
taxlaw-2799	1170	2	provision	provision	NOUN
taxlaw-2799	1170	3	was	be	AUX
taxlaw-2799	1170	4	enacted	enact	VERB
taxlaw-2799	1170	5	at	at	ADP
taxlaw-2799	1170	6	a	a	DET
taxlaw-2799	1170	7	time	time	NOUN
taxlaw-2799	1170	8	when	when	SCONJ
taxlaw-2799	1170	9	the	the	DET
taxlaw-2799	1170	10	corn	corn	NOUN
taxlaw-2799	1170	11	products	product	NOUN
taxlaw-2799	1170	12	doctrine	doctrine	NOUN
taxlaw-2799	1170	13	,	,	PUNCT
taxlaw-2799	1170	14	which	which	PRON
taxlaw-2799	1170	15	treated	treat	VERB
taxlaw-2799	1170	16	business	business	NOUN
taxlaw-2799	1170	17	assets	asset	NOUN
taxlaw-2799	1170	18	,	,	PUNCT
taxlaw-2799	1170	19	including	include	VERB
taxlaw-2799	1170	20	hedges	hedge	NOUN
taxlaw-2799	1170	21	,	,	PUNCT
taxlaw-2799	1170	22	as	as	ADP
taxlaw-2799	1170	23	ordinary	ordinary	ADJ
taxlaw-2799	1170	24	rather	rather	ADV
taxlaw-2799	1170	25	than	than	ADP
taxlaw-2799	1170	26	capital	capital	NOUN
taxlaw-2799	1170	27	assets	asset	NOUN
taxlaw-2799	1170	28	,	,	PUNCT
taxlaw-2799	1170	29	was	be	AUX
taxlaw-2799	1170	30	considered	consider	VERB
taxlaw-2799	1170	31	good	good	ADJ
taxlaw-2799	1170	32	law	law	NOUN
taxlaw-2799	1170	33	.	.	PUNCT
taxlaw-2799	1171	1	corn	corn	NOUN
taxlaw-2799	1171	2	products	product	NOUN
taxlaw-2799	1171	3	,	,	PUNCT
taxlaw-2799	1171	4	350	350	NUM
taxlaw-2799	1171	5	u.s	u.s	PROPN
taxlaw-2799	1171	6	.	.	PROPN
taxlaw-2799	1171	7	at	at	ADP
taxlaw-2799	1171	8	53	53	NUM
taxlaw-2799	1171	9	-	-	SYM
taxlaw-2799	1171	10	54	54	NUM
taxlaw-2799	1171	11	.	.	PUNCT
taxlaw-2799	1172	1	at	at	ADP
taxlaw-2799	1172	2	the	the	DET
taxlaw-2799	1172	3	time	time	NOUN
taxlaw-2799	1172	4	§	§	PROPN
taxlaw-2799	1172	5	1256	1256	NUM
taxlaw-2799	1172	6	was	be	AUX
taxlaw-2799	1172	7	enacted	enact	VERB
taxlaw-2799	1172	8	,	,	PUNCT
taxlaw-2799	1172	9	therefore	therefore	ADV
taxlaw-2799	1172	10	,	,	PUNCT
taxlaw-2799	1172	11	a	a	DET
taxlaw-2799	1172	12	taxpayer	taxpayer	NOUN
taxlaw-2799	1172	13	using	use	VERB
taxlaw-2799	1172	14	a	a	DET
taxlaw-2799	1172	15	futures	future	NOUN
taxlaw-2799	1172	16	contract	contract	NOUN
taxlaw-2799	1172	17	to	to	PART
taxlaw-2799	1172	18	hedge	hedge	VERB
taxlaw-2799	1172	19	its	its	PRON
taxlaw-2799	1172	20	inventory	inventory	NOUN
taxlaw-2799	1172	21	could	could	AUX
taxlaw-2799	1172	22	treat	treat	VERB
taxlaw-2799	1172	23	the	the	DET
taxlaw-2799	1172	24	gain	gain	NOUN
taxlaw-2799	1172	25	or	or	CCONJ
taxlaw-2799	1172	26	loss	loss	NOUN
taxlaw-2799	1172	27	from	from	ADP
taxlaw-2799	1172	28	the	the	DET
taxlaw-2799	1172	29	hedge	hedge	NOUN
taxlaw-2799	1172	30	as	as	ADP
taxlaw-2799	1172	31	ordinary	ordinary	ADJ
taxlaw-2799	1172	32	,	,	PUNCT
taxlaw-2799	1172	33	because	because	SCONJ
taxlaw-2799	1172	34	it	it	PRON
taxlaw-2799	1172	35	would	would	AUX
taxlaw-2799	1172	36	be	be	AUX
taxlaw-2799	1172	37	ordinary	ordinary	ADJ
taxlaw-2799	1172	38	absent	absent	ADJ
taxlaw-2799	1172	39	§	§	PROPN
taxlaw-2799	1172	40	1256	1256	NUM
taxlaw-2799	1172	41	under	under	ADP
taxlaw-2799	1172	42	the	the	DET
taxlaw-2799	1172	43	corn	corn	NOUN
taxlaw-2799	1172	44	products	product	NOUN
taxlaw-2799	1172	45	doctrine	doctrine	NOUN
taxlaw-2799	1172	46	and	and	CCONJ
taxlaw-2799	1172	47	thus	thus	ADV
taxlaw-2799	1172	48	was	be	AUX
taxlaw-2799	1172	49	exempt	exempt	ADJ
taxlaw-2799	1172	50	under	under	ADP
taxlaw-2799	1172	51	§	§	PROPN
taxlaw-2799	1172	52	1256(f)(2	1256(f)(2	NUM
taxlaw-2799	1172	53	)	)	PUNCT
taxlaw-2799	1172	54	from	from	ADP
taxlaw-2799	1172	55	capital	capital	NOUN
taxlaw-2799	1172	56	gain	gain	NOUN
taxlaw-2799	1172	57	/	/	SYM
taxlaw-2799	1172	58	loss	loss	NOUN
taxlaw-2799	1172	59	treatment	treatment	NOUN
taxlaw-2799	1172	60	.	.	PUNCT
taxlaw-2799	1173	1	however	however	ADV
taxlaw-2799	1173	2	,	,	PUNCT
taxlaw-2799	1173	3	the	the	DET
taxlaw-2799	1173	4	corn	corn	NOUN
taxlaw-2799	1173	5	products	product	NOUN
taxlaw-2799	1173	6	doctrine	doctrine	NOUN
taxlaw-2799	1173	7	was	be	AUX
taxlaw-2799	1173	8	repudiated	repudiate	VERB
taxlaw-2799	1173	9	in	in	ADP
taxlaw-2799	1173	10	ark	ark	PROPN
taxlaw-2799	1173	11	.	.	PUNCT
taxlaw-2799	1174	1	best	good	ADJ
taxlaw-2799	1174	2	.	.	PUNCT
taxlaw-2799	1175	1	and	and	CCONJ
taxlaw-2799	1175	2	has	have	AUX
taxlaw-2799	1175	3	effectively	effectively	ADV
taxlaw-2799	1175	4	been	be	AUX
taxlaw-2799	1175	5	replaced	replace	VERB
taxlaw-2799	1175	6	by	by	ADP
taxlaw-2799	1175	7	the	the	DET
taxlaw-2799	1175	8	hedging	hedging	NOUN
taxlaw-2799	1175	9	transaction	transaction	NOUN
taxlaw-2799	1175	10	rules	rule	NOUN
taxlaw-2799	1175	11	of	of	ADP
taxlaw-2799	1175	12	§	§	PROPN
taxlaw-2799	1175	13	1221(b)(2	1221(b)(2	NUM
taxlaw-2799	1175	14	)	)	PUNCT
taxlaw-2799	1175	15	and	and	CCONJ
taxlaw-2799	1175	16	hedging	hedging	NOUN
taxlaw-2799	1175	17	transaction	transaction	NOUN
taxlaw-2799	1175	18	regulations	regulation	NOUN
taxlaw-2799	1175	19	under	under	ADP
taxlaw-2799	1175	20	§	§	PROPN
taxlaw-2799	1175	21	446	446	NUM
taxlaw-2799	1175	22	.	.	PUNCT
taxlaw-2799	1176	1	ark	ark	PROPN
taxlaw-2799	1176	2	.	.	PUNCT
taxlaw-2799	1177	1	best	good	ADJ
taxlaw-2799	1177	2	corp	corp	PROPN
taxlaw-2799	1177	3	.	.	PROPN
taxlaw-2799	1177	4	,	,	PUNCT
taxlaw-2799	1177	5	485	485	NUM
taxlaw-2799	1177	6	u.s	u.s	PROPN
taxlaw-2799	1177	7	.	.	PROPN
taxlaw-2799	1177	8	at	at	ADP
taxlaw-2799	1177	9	212	212	NUM
taxlaw-2799	1177	10	-	-	SYM
taxlaw-2799	1177	11	13	13	NUM
taxlaw-2799	1177	12	.	.	PUNCT
taxlaw-2799	1178	1	the	the	DET
taxlaw-2799	1178	2	hedging	hedging	NOUN
taxlaw-2799	1178	3	transaction	transaction	NOUN
taxlaw-2799	1178	4	regulations	regulation	NOUN
taxlaw-2799	1178	5	apply	apply	VERB
taxlaw-2799	1178	6	to	to	ADP
taxlaw-2799	1178	7	hedges	hedge	NOUN
taxlaw-2799	1178	8	of	of	ADP
taxlaw-2799	1178	9	ordinary	ordinary	ADJ
taxlaw-2799	1178	10	assets	asset	NOUN
taxlaw-2799	1178	11	and	and	CCONJ
taxlaw-2799	1178	12	liabilities	liability	NOUN
taxlaw-2799	1178	13	and	and	CCONJ
taxlaw-2799	1178	14	suffer	suffer	VERB
taxlaw-2799	1178	15	from	from	ADP
taxlaw-2799	1178	16	practical	practical	ADJ
taxlaw-2799	1178	17	obstacles	obstacle	NOUN
taxlaw-2799	1178	18	to	to	ADP
taxlaw-2799	1178	19	utilization	utilization	NOUN
taxlaw-2799	1178	20	in	in	ADP
taxlaw-2799	1178	21	the	the	DET
taxlaw-2799	1178	22	dealer	dealer	NOUN
taxlaw-2799	1178	23	context	context	NOUN
taxlaw-2799	1178	24	similar	similar	ADJ
taxlaw-2799	1178	25	to	to	ADP
taxlaw-2799	1178	26	the	the	DET
taxlaw-2799	1178	27	problems	problem	NOUN
taxlaw-2799	1178	28	described	describe	VERB
taxlaw-2799	1178	29	above	above	ADP
taxlaw-2799	1178	30	with	with	ADP
taxlaw-2799	1178	31	the	the	DET
taxlaw-2799	1178	32	§	§	PROPN
taxlaw-2799	1178	33	475	475	NUM
taxlaw-2799	1178	34	hedging	hedging	NOUN
taxlaw-2799	1178	35	exception	exception	NOUN
taxlaw-2799	1178	36	.	.	PUNCT
taxlaw-2799	1179	1	section	section	NOUN
taxlaw-2799	1179	2	1256(f)(3	1256(f)(3	NUM
taxlaw-2799	1179	3	)	)	PUNCT
taxlaw-2799	1179	4	also	also	ADV
taxlaw-2799	1179	5	has	have	VERB
taxlaw-2799	1179	6	a	a	DET
taxlaw-2799	1179	7	complicated	complicated	ADJ
taxlaw-2799	1179	8	history	history	NOUN
taxlaw-2799	1179	9	.	.	PUNCT
taxlaw-2799	1180	1	prior	prior	ADV
taxlaw-2799	1180	2	to	to	ADP
taxlaw-2799	1180	3	the	the	DET
taxlaw-2799	1180	4	amendment	amendment	NOUN
taxlaw-2799	1180	5	of	of	ADP
taxlaw-2799	1180	6	§	§	PROPN
taxlaw-2799	1180	7	1256	1256	NUM
taxlaw-2799	1180	8	in	in	ADP
taxlaw-2799	1180	9	1984	1984	NUM
taxlaw-2799	1180	10	,	,	PUNCT
taxlaw-2799	1180	11	market	market	NOUN
taxlaw-2799	1180	12	-	-	PUNCT
taxlaw-2799	1180	13	makers	maker	NOUN
taxlaw-2799	1180	14	in	in	ADP
taxlaw-2799	1180	15	equity	equity	NOUN
taxlaw-2799	1180	16	options	option	NOUN
taxlaw-2799	1180	17	traded	trade	VERB
taxlaw-2799	1180	18	on	on	ADP
taxlaw-2799	1180	19	securities	security	NOUN
taxlaw-2799	1180	20	exchanges	exchange	NOUN
taxlaw-2799	1180	21	took	take	VERB
taxlaw-2799	1180	22	the	the	DET
taxlaw-2799	1180	23	position	position	NOUN
taxlaw-2799	1180	24	that	that	SCONJ
taxlaw-2799	1180	25	they	they	PRON
taxlaw-2799	1180	26	were	be	AUX
taxlaw-2799	1180	27	entitled	entitle	VERB
taxlaw-2799	1180	28	to	to	ADP
taxlaw-2799	1180	29	ordinary	ordinary	ADJ
taxlaw-2799	1180	30	income	income	NOUN
taxlaw-2799	1180	31	and	and	CCONJ
taxlaw-2799	1180	32	loss	loss	NOUN
taxlaw-2799	1180	33	from	from	ADP
taxlaw-2799	1180	34	their	their	PRON
taxlaw-2799	1180	35	options	option	NOUN
taxlaw-2799	1180	36	transactions	transaction	NOUN
taxlaw-2799	1180	37	.	.	PUNCT
taxlaw-2799	1181	1	the	the	DET
taxlaw-2799	1181	2	1984	1984	NUM
taxlaw-2799	1181	3	amendment	amendment	NOUN
taxlaw-2799	1181	4	was	be	AUX
taxlaw-2799	1181	5	intended	intend	VERB
taxlaw-2799	1181	6	to	to	PART
taxlaw-2799	1181	7	limit	limit	VERB
taxlaw-2799	1181	8	such	such	ADJ
taxlaw-2799	1181	9	treatment	treatment	NOUN
taxlaw-2799	1181	10	to	to	ADP
taxlaw-2799	1181	11	the	the	DET
taxlaw-2799	1181	12	fact	fact	NOUN
taxlaw-2799	1181	13	pattern	pattern	NOUN
taxlaw-2799	1181	14	where	where	SCONJ
taxlaw-2799	1181	15	the	the	DET
taxlaw-2799	1181	16	taxpayer	taxpayer	NOUN
taxlaw-2799	1181	17	was	be	AUX
taxlaw-2799	1181	18	also	also	ADV
taxlaw-2799	1181	19	,	,	PUNCT
taxlaw-2799	1181	20	independently	independently	ADV
taxlaw-2799	1181	21	of	of	ADP
taxlaw-2799	1181	22	its	its	PRON
taxlaw-2799	1181	23	option	option	NOUN
taxlaw-2799	1181	24	transactions	transaction	NOUN
taxlaw-2799	1181	25	,	,	PUNCT
taxlaw-2799	1181	26	a	a	DET
taxlaw-2799	1181	27	dealer	dealer	NOUN
taxlaw-2799	1181	28	in	in	ADP
taxlaw-2799	1181	29	the	the	DET
taxlaw-2799	1181	30	underlying	underlie	VERB
taxlaw-2799	1181	31	property	property	NOUN
taxlaw-2799	1181	32	.	.	PUNCT
taxlaw-2799	1182	1	this	this	PRON
taxlaw-2799	1182	2	was	be	AUX
taxlaw-2799	1182	3	accomplished	accomplish	VERB
taxlaw-2799	1182	4	by	by	ADP
taxlaw-2799	1182	5	(	(	PUNCT
taxlaw-2799	1182	6	i	i	NOUN
taxlaw-2799	1182	7	)	)	PUNCT
taxlaw-2799	1182	8	adding	add	VERB
taxlaw-2799	1182	9	“	"	PUNCT
taxlaw-2799	1182	10	dealer	dealer	NOUN
taxlaw-2799	1182	11	equity	equity	NOUN
taxlaw-2799	1182	12	options	option	NOUN
taxlaw-2799	1182	13	”	"	PUNCT
taxlaw-2799	1182	14	as	as	ADP
taxlaw-2799	1182	15	a	a	DET
taxlaw-2799	1182	16	category	category	NOUN
taxlaw-2799	1182	17	of	of	ADP
taxlaw-2799	1182	18	section	section	NOUN
taxlaw-2799	1182	19	1256	1256	NUM
taxlaw-2799	1182	20	contracts	contract	NOUN
taxlaw-2799	1182	21	,	,	PUNCT
taxlaw-2799	1182	22	and	and	CCONJ
taxlaw-2799	1182	23	(	(	PUNCT
taxlaw-2799	1182	24	ii	ii	NOUN
taxlaw-2799	1182	25	)	)	PUNCT
taxlaw-2799	1182	26	adding	add	VERB
taxlaw-2799	1182	27	§	§	PROPN
taxlaw-2799	1182	28	1256(f)(3	1256(f)(3	NUM
taxlaw-2799	1182	29	)	)	PUNCT
taxlaw-2799	1182	30	,	,	PUNCT
taxlaw-2799	1182	31	which	which	PRON
taxlaw-2799	1182	32	provides	provide	VERB
taxlaw-2799	1182	33	that	that	DET
taxlaw-2799	1182	34	gain	gain	NOUN
taxlaw-2799	1182	35	or	or	CCONJ
taxlaw-2799	1182	36	loss	loss	NOUN
taxlaw-2799	1182	37	from	from	ADP
taxlaw-2799	1182	38	“	"	PUNCT
taxlaw-2799	1182	39	trading	trading	NOUN
taxlaw-2799	1182	40	”	"	PUNCT
taxlaw-2799	1182	41	(	(	PUNCT
taxlaw-2799	1182	42	this	this	DET
taxlaw-2799	1182	43	phrase	phrase	NOUN
taxlaw-2799	1182	44	evidently	evidently	ADV
taxlaw-2799	1182	45	was	be	AUX
taxlaw-2799	1182	46	intended	intend	VERB
taxlaw-2799	1182	47	to	to	PART
taxlaw-2799	1182	48	include	include	VERB
taxlaw-2799	1182	49	market	market	NOUN
taxlaw-2799	1182	50	-	-	PUNCT
taxlaw-2799	1182	51	making	make	VERB
taxlaw-2799	1182	52	in	in	ADP
taxlaw-2799	1182	53	)	)	PUNCT
taxlaw-2799	1182	54	section	section	NOUN
taxlaw-2799	1182	55	1256	1256	NUM
taxlaw-2799	1182	56	contracts	contract	NOUN
taxlaw-2799	1182	57	is	be	AUX
taxlaw-2799	1182	58	treated	treat	VERB
taxlaw-2799	1182	59	as	as	ADP
taxlaw-2799	1182	60	capital	capital	NOUN
taxlaw-2799	1182	61	gain	gain	NOUN
taxlaw-2799	1182	62	or	or	CCONJ
taxlaw-2799	1182	63	loss	loss	NOUN
taxlaw-2799	1182	64	,	,	PUNCT
taxlaw-2799	1182	65	unless	unless	SCONJ
taxlaw-2799	1182	66	the	the	DET
taxlaw-2799	1182	67	section	section	NOUN
taxlaw-2799	1182	68	1256	1256	NUM
taxlaw-2799	1182	69	contract	contract	NOUN
taxlaw-2799	1182	70	is	be	AUX
taxlaw-2799	1182	71	held	hold	VERB
taxlaw-2799	1182	72	to	to	PART
taxlaw-2799	1182	73	hedge	hedge	VERB
taxlaw-2799	1182	74	property	property	NOUN
taxlaw-2799	1182	75	loss	loss	NOUN
taxlaw-2799	1182	76	from	from	ADP
taxlaw-2799	1182	77	which	which	PRON
taxlaw-2799	1182	78	would	would	AUX
taxlaw-2799	1182	79	be	be	AUX
taxlaw-2799	1182	80	ordinary	ordinary	ADJ
taxlaw-2799	1182	81	in	in	ADP
taxlaw-2799	1182	82	the	the	DET
taxlaw-2799	1182	83	taxpayer	taxpayer	NOUN
taxlaw-2799	1182	84	’s	’s	PART
taxlaw-2799	1182	85	hands	hand	NOUN
taxlaw-2799	1182	86	.	.	PUNCT
taxlaw-2799	1183	1	accordingly	accordingly	ADV
taxlaw-2799	1183	2	,	,	PUNCT
taxlaw-2799	1183	3	if	if	SCONJ
taxlaw-2799	1183	4	a	a	DET
taxlaw-2799	1183	5	dealer	dealer	NOUN
taxlaw-2799	1183	6	in	in	ADP
taxlaw-2799	1183	7	swaps	swap	NOUN
taxlaw-2799	1183	8	is	be	AUX
taxlaw-2799	1183	9	also	also	ADV
taxlaw-2799	1183	10	a	a	DET
taxlaw-2799	1183	11	dealer	dealer	NOUN
taxlaw-2799	1183	12	in	in	ADP
taxlaw-2799	1183	13	the	the	DET
taxlaw-2799	1183	14	underlying	underlying	ADJ
taxlaw-2799	1183	15	property	property	NOUN
taxlaw-2799	1183	16	,	,	PUNCT
taxlaw-2799	1183	17	and	and	CCONJ
taxlaw-2799	1183	18	the	the	DET
taxlaw-2799	1183	19	swaps	swap	NOUN
taxlaw-2799	1183	20	hedge	hedge	VERB
taxlaw-2799	1183	21	that	that	SCONJ
taxlaw-2799	1183	22	property	property	NOUN
taxlaw-2799	1183	23	,	,	PUNCT
taxlaw-2799	1183	24	it	it	PRON
taxlaw-2799	1183	25	may	may	AUX
taxlaw-2799	1183	26	be	be	AUX
taxlaw-2799	1183	27	possible	possible	ADJ
taxlaw-2799	1183	28	under	under	ADP
taxlaw-2799	1183	29	this	this	DET
taxlaw-2799	1183	30	rule	rule	NOUN
taxlaw-2799	1183	31	for	for	SCONJ
taxlaw-2799	1183	32	the	the	DET
taxlaw-2799	1183	33	dealer	dealer	NOUN
taxlaw-2799	1183	34	to	to	PART
taxlaw-2799	1183	35	have	have	VERB
taxlaw-2799	1183	36	ordinary	ordinary	ADJ
taxlaw-2799	1183	37	rather	rather	ADV
taxlaw-2799	1183	38	than	than	ADP
taxlaw-2799	1183	39	capital	capital	NOUN
taxlaw-2799	1183	40	gains	gain	NOUN
taxlaw-2799	1183	41	and	and	CCONJ
taxlaw-2799	1183	42	losses	loss	NOUN
taxlaw-2799	1183	43	from	from	ADP
taxlaw-2799	1183	44	its	its	PRON
taxlaw-2799	1183	45	swap	swap	NOUN
taxlaw-2799	1183	46	transaction	transaction	NOUN
taxlaw-2799	1183	47	.	.	PUNCT
taxlaw-2799	1184	1	the	the	DET
taxlaw-2799	1184	2	relationship	relationship	NOUN
taxlaw-2799	1184	3	between	between	ADP
taxlaw-2799	1184	4	§	§	PROPN
taxlaw-2799	1184	5	1256(f)(2	1256(f)(2	NUM
taxlaw-2799	1184	6	)	)	PUNCT
taxlaw-2799	1184	7	and	and	CCONJ
taxlaw-2799	1184	8	§	§	PROPN
taxlaw-2799	1184	9	1256(f)(3	1256(f)(3	NUM
taxlaw-2799	1184	10	)	)	PUNCT
taxlaw-2799	1184	11	is	be	AUX
taxlaw-2799	1184	12	not	not	PART
taxlaw-2799	1184	13	entirely	entirely	ADV
taxlaw-2799	1184	14	clear	clear	ADJ
taxlaw-2799	1184	15	.	.	PUNCT
taxlaw-2799	1185	1	they	they	PRON
taxlaw-2799	1185	2	were	be	AUX
taxlaw-2799	1185	3	enacted	enact	VERB
taxlaw-2799	1185	4	at	at	ADP
taxlaw-2799	1185	5	different	different	ADJ
taxlaw-2799	1185	6	times	time	NOUN
taxlaw-2799	1185	7	,	,	PUNCT
taxlaw-2799	1185	8	for	for	ADP
taxlaw-2799	1185	9	different	different	ADJ
taxlaw-2799	1185	10	purposes	purpose	NOUN
taxlaw-2799	1185	11	,	,	PUNCT
taxlaw-2799	1185	12	and	and	CCONJ
taxlaw-2799	1185	13	thus	thus	ADV
taxlaw-2799	1185	14	it	it	PRON
taxlaw-2799	1185	15	is	be	AUX
taxlaw-2799	1185	16	possible	possible	ADJ
taxlaw-2799	1185	17	that	that	SCONJ
taxlaw-2799	1185	18	both	both	PRON
taxlaw-2799	1185	19	are	be	AUX
taxlaw-2799	1185	20	available	available	ADJ
taxlaw-2799	1185	21	to	to	PART
taxlaw-2799	1185	22	swap	swap	VERB
taxlaw-2799	1185	23	dealers	dealer	NOUN
taxlaw-2799	1185	24	.	.	PUNCT
taxlaw-2799	1186	1	if	if	SCONJ
taxlaw-2799	1186	2	that	that	PRON
taxlaw-2799	1186	3	were	be	AUX
taxlaw-2799	1186	4	the	the	DET
taxlaw-2799	1186	5	case	case	NOUN
taxlaw-2799	1186	6	,	,	PUNCT
taxlaw-2799	1186	7	then	then	ADV
taxlaw-2799	1186	8	§	§	PROPN
taxlaw-2799	1186	9	1256(f)(2	1256(f)(2	NOUN
taxlaw-2799	1186	10	)	)	PUNCT
taxlaw-2799	1186	11	could	could	AUX
taxlaw-2799	1186	12	provide	provide	VERB
taxlaw-2799	1186	13	considerable	considerable	ADJ
taxlaw-2799	1186	14	relief	relief	NOUN
taxlaw-2799	1186	15	.	.	PUNCT
taxlaw-2799	1187	1	for	for	ADP
taxlaw-2799	1187	2	example	example	NOUN
taxlaw-2799	1187	3	,	,	PUNCT
taxlaw-2799	1187	4	it	it	PRON
taxlaw-2799	1187	5	could	could	AUX
taxlaw-2799	1187	6	allow	allow	VERB
taxlaw-2799	1187	7	dealers	dealer	NOUN
taxlaw-2799	1187	8	to	to	PART
taxlaw-2799	1187	9	treat	treat	VERB
taxlaw-2799	1187	10	the	the	DET
taxlaw-2799	1187	11	character	character	NOUN
taxlaw-2799	1187	12	of	of	ADP
taxlaw-2799	1187	13	gains	gain	NOUN
taxlaw-2799	1187	14	and	and	CCONJ
taxlaw-2799	1187	15	losses	loss	NOUN
taxlaw-2799	1187	16	for	for	ADP
taxlaw-2799	1187	17	swaps	swap	NOUN
taxlaw-2799	1187	18	entered	enter	VERB
taxlaw-2799	1187	19	into	into	ADP
taxlaw-2799	1187	20	in	in	ADP
taxlaw-2799	1187	21	connection	connection	NOUN
taxlaw-2799	1187	22	with	with	ADP
taxlaw-2799	1187	23	their	their	PRON
taxlaw-2799	1187	24	dealer	dealer	NOUN
taxlaw-2799	1187	25	business	business	NOUN
taxlaw-2799	1187	26	as	as	ADP
taxlaw-2799	1187	27	ordinary	ordinary	ADJ
taxlaw-2799	1187	28	,	,	PUNCT
taxlaw-2799	1187	29	under	under	ADP
taxlaw-2799	1187	30	§	§	PROPN
taxlaw-2799	1187	31	475(d)(3	475(d)(3	NUM
taxlaw-2799	1187	32	)	)	PUNCT
taxlaw-2799	1187	33	.	.	PUNCT
taxlaw-2799	1188	1	separately	separately	ADV
taxlaw-2799	1188	2	,	,	PUNCT
taxlaw-2799	1188	3	it	it	PRON
taxlaw-2799	1188	4	might	might	AUX
taxlaw-2799	1188	5	alleviate	alleviate	VERB
taxlaw-2799	1188	6	concerns	concern	NOUN
taxlaw-2799	1188	7	for	for	ADP
taxlaw-2799	1188	8	an	an	DET
taxlaw-2799	1188	9	option	option	NOUN
taxlaw-2799	1188	10	,	,	PUNCT
taxlaw-2799	1188	11	because	because	SCONJ
taxlaw-2799	1188	12	under	under	ADP
taxlaw-2799	1188	13	§	§	PROPN
taxlaw-2799	1188	14	1234(a)(1	1234(a)(1	NOUN
taxlaw-2799	1188	15	)	)	PUNCT
taxlaw-2799	1188	16	gain	gain	NOUN
taxlaw-2799	1188	17	or	or	CCONJ
taxlaw-2799	1188	18	loss	loss	NOUN
taxlaw-2799	1188	19	from	from	ADP
taxlaw-2799	1188	20	purchased	purchase	VERB
taxlaw-2799	1188	21	options	option	NOUN
taxlaw-2799	1188	22	would	would	AUX
taxlaw-2799	1188	23	be	be	AUX
taxlaw-2799	1188	24	ordinary	ordinary	ADJ
taxlaw-2799	1188	25	if	if	SCONJ
taxlaw-2799	1188	26	the	the	DET
taxlaw-2799	1188	27	underlying	underlie	VERB
taxlaw-2799	1188	28	property	property	NOUN
taxlaw-2799	1188	29	would	would	AUX
taxlaw-2799	1188	30	give	give	VERB
taxlaw-2799	1188	31	rise	rise	NOUN
taxlaw-2799	1188	32	to	to	ADP
taxlaw-2799	1188	33	ordinary	ordinary	ADJ
taxlaw-2799	1188	34	gain	gain	NOUN
taxlaw-2799	1188	35	or	or	CCONJ
taxlaw-2799	1188	36	loss	loss	NOUN
taxlaw-2799	1188	37	in	in	ADP
taxlaw-2799	1188	38	the	the	DET
taxlaw-2799	1188	39	taxpayer	taxpayer	NOUN
taxlaw-2799	1188	40	’s	’s	PART
taxlaw-2799	1188	41	hands	hand	NOUN
taxlaw-2799	1188	42	,	,	PUNCT
taxlaw-2799	1188	43	and	and	CCONJ
taxlaw-2799	1188	44	under	under	ADP
taxlaw-2799	1188	45	§	§	PROPN
taxlaw-2799	1188	46	1234(b)(3	1234(b)(3	NOUN
taxlaw-2799	1188	47	)	)	PUNCT
taxlaw-2799	1188	48	gain	gain	NOUN
taxlaw-2799	1188	49	or	or	CCONJ
taxlaw-2799	1188	50	loss	loss	NOUN
taxlaw-2799	1188	51	from	from	ADP
taxlaw-2799	1188	52	writing	write	VERB
taxlaw-2799	1188	53	options	option	NOUN
taxlaw-2799	1188	54	is	be	AUX
taxlaw-2799	1188	55	ordinary	ordinary	ADJ
taxlaw-2799	1188	56	if	if	SCONJ
taxlaw-2799	1188	57	granted	grant	VERB
taxlaw-2799	1188	58	in	in	ADP
taxlaw-2799	1188	59	the	the	DET
taxlaw-2799	1188	60	ordinary	ordinary	ADJ
taxlaw-2799	1188	61	course	course	NOUN
taxlaw-2799	1188	62	of	of	ADP
taxlaw-2799	1188	63	the	the	DET
taxlaw-2799	1188	64	taxpayer	taxpayer	NOUN
taxlaw-2799	1188	65	’s	’s	PART
taxlaw-2799	1188	66	trade	trade	NOUN
taxlaw-2799	1188	67	or	or	CCONJ
taxlaw-2799	1188	68	business	business	NOUN
taxlaw-2799	1188	69	of	of	ADP
taxlaw-2799	1188	70	granting	grant	VERB
taxlaw-2799	1188	71	options	option	NOUN
taxlaw-2799	1188	72	.	.	PUNCT
taxlaw-2799	1189	1	consequently	consequently	ADV
taxlaw-2799	1189	2	,	,	PUNCT
taxlaw-2799	1189	3	under	under	ADP
taxlaw-2799	1189	4	§	§	PROPN
taxlaw-2799	1189	5	1234	1234	NUM
taxlaw-2799	1189	6	gain	gain	NOUN
taxlaw-2799	1189	7	or	or	CCONJ
taxlaw-2799	1189	8	loss	loss	NOUN
taxlaw-2799	1189	9	from	from	ADP
taxlaw-2799	1189	10	dealing	deal	VERB
taxlaw-2799	1189	11	in	in	ADP
taxlaw-2799	1189	12	exchange	exchange	NOUN
taxlaw-2799	1189	13	-	-	PUNCT
taxlaw-2799	1189	14	traded	trade	VERB
taxlaw-2799	1189	15	options	option	NOUN
taxlaw-2799	1189	16	could	could	AUX
taxlaw-2799	1189	17	be	be	AUX
taxlaw-2799	1189	18	ordinary	ordinary	ADJ
taxlaw-2799	1189	19	in	in	ADP
taxlaw-2799	1189	20	the	the	DET
taxlaw-2799	1189	21	absence	absence	NOUN
taxlaw-2799	1189	22	of	of	ADP
taxlaw-2799	1189	23	§	§	PROPN
taxlaw-2799	1189	24	1256(a)(3	1256(a)(3	NOUN
taxlaw-2799	1189	25	)	)	PUNCT
taxlaw-2799	1189	26	.	.	PUNCT
taxlaw-2799	1190	1	however	however	ADV
taxlaw-2799	1190	2	,	,	PUNCT
taxlaw-2799	1190	3	§	§	PROPN
taxlaw-2799	1190	4	1256(f)(3)(a	1256(f)(3)(a	NUM
taxlaw-2799	1190	5	)	)	PUNCT
taxlaw-2799	1190	6	,	,	PUNCT
taxlaw-2799	1190	7	providing	provide	VERB
taxlaw-2799	1190	8	that	that	DET
taxlaw-2799	1190	9	gain	gain	NOUN
taxlaw-2799	1190	10	or	or	CCONJ
taxlaw-2799	1190	11	loss	loss	NOUN
taxlaw-2799	1190	12	from	from	ADP
taxlaw-2799	1190	13	trading	trading	NOUN
taxlaw-2799	1190	14	section	section	NOUN
taxlaw-2799	1190	15	1256	1256	NUM
taxlaw-2799	1190	16	contracts	contract	NOUN
taxlaw-2799	1190	17	is	be	AUX
taxlaw-2799	1190	18	capital	capital	NOUN
taxlaw-2799	1190	19	gain	gain	NOUN
taxlaw-2799	1190	20	or	or	CCONJ
taxlaw-2799	1190	21	loss	loss	NOUN
taxlaw-2799	1190	22	,	,	PUNCT
taxlaw-2799	1190	23	was	be	AUX
taxlaw-2799	1190	24	enacted	enact	VERB
taxlaw-2799	1190	25	precisely	precisely	ADV
taxlaw-2799	1190	26	to	to	PART
taxlaw-2799	1190	27	prevent	prevent	VERB
taxlaw-2799	1190	28	options	option	NOUN
taxlaw-2799	1190	29	marketmakers	marketmaker	NOUN
taxlaw-2799	1190	30	from	from	ADP
taxlaw-2799	1190	31	taking	take	VERB
taxlaw-2799	1190	32	that	that	DET
taxlaw-2799	1190	33	position	position	NOUN
taxlaw-2799	1190	34	.	.	PUNCT
taxlaw-2799	1191	1	moreover	moreover	ADV
taxlaw-2799	1191	2	,	,	PUNCT
taxlaw-2799	1191	3	§	§	NOUN
taxlaw-2799	1191	4	1256(f)(2	1256(f)(2	NUM
taxlaw-2799	1191	5	)	)	PUNCT
taxlaw-2799	1191	6	merely	merely	ADV
taxlaw-2799	1191	7	provides	provide	VERB
taxlaw-2799	1191	8	that	that	SCONJ
taxlaw-2799	1191	9	§	§	PROPN
taxlaw-2799	1191	10	1256(a)(3	1256(a)(3	NOUN
taxlaw-2799	1191	11	)	)	PUNCT
taxlaw-2799	1191	12	does	do	AUX
taxlaw-2799	1191	13	not	not	PART
taxlaw-2799	1191	14	apply	apply	VERB
taxlaw-2799	1191	15	,	,	PUNCT
taxlaw-2799	1191	16	while	while	SCONJ
taxlaw-2799	1191	17	§	§	PROPN
taxlaw-2799	1191	18	1256(f)(3)(a	1256(f)(3)(a	NUM
taxlaw-2799	1191	19	)	)	PUNCT
taxlaw-2799	1191	20	states	state	VERB
taxlaw-2799	1191	21	that	that	SCONJ
taxlaw-2799	1191	22	it	it	PRON
taxlaw-2799	1191	23	applies	apply	VERB
taxlaw-2799	1191	24	“	"	PUNCT
taxlaw-2799	1191	25	for	for	ADP
taxlaw-2799	1191	26	purposes	purpose	NOUN
taxlaw-2799	1191	27	of	of	ADP
taxlaw-2799	1191	28	this	this	DET
taxlaw-2799	1191	29	title	title	NOUN
taxlaw-2799	1191	30	.	.	PUNCT
taxlaw-2799	1191	31	”	"	PUNCT
taxlaw-2799	1191	32	i.r.c	i.r.c	NOUN
taxlaw-2799	1191	33	.	.	PUNCT
taxlaw-2799	1192	1	§	§	PROPN
taxlaw-2799	1192	2	1256(f)(3)(a	1256(f)(3)(a	NUM
taxlaw-2799	1192	3	)	)	PUNCT
taxlaw-2799	1192	4	(	(	PUNCT
taxlaw-2799	1192	5	2010	2010	NUM
taxlaw-2799	1192	6	)	)	PUNCT
taxlaw-2799	1192	7	.	.	PUNCT
taxlaw-2799	1193	1	accordingly	accordingly	ADV
taxlaw-2799	1193	2	,	,	PUNCT
taxlaw-2799	1193	3	it	it	PRON
taxlaw-2799	1193	4	seems	seem	VERB
taxlaw-2799	1193	5	quite	quite	ADV
taxlaw-2799	1193	6	possible	possible	ADJ
taxlaw-2799	1193	7	that	that	SCONJ
taxlaw-2799	1193	8	§	§	PROPN
taxlaw-2799	1193	9	1256(f)(3	1256(f)(3	NUM
taxlaw-2799	1193	10	)	)	PUNCT
taxlaw-2799	1193	11	overrides	override	VERB
taxlaw-2799	1193	12	§	§	PROPN
taxlaw-2799	1193	13	1256(f)(2	1256(f)(2	NUM
taxlaw-2799	1193	14	)	)	PUNCT
taxlaw-2799	1193	15	,	,	PUNCT
taxlaw-2799	1193	16	and	and	CCONJ
taxlaw-2799	1193	17	that	that	DET
taxlaw-2799	1193	18	relief	relief	NOUN
taxlaw-2799	1193	19	is	be	AUX
taxlaw-2799	1193	20	available	available	ADJ
taxlaw-2799	1193	21	only	only	ADV
taxlaw-2799	1193	22	if	if	SCONJ
taxlaw-2799	1193	23	a	a	DET
taxlaw-2799	1193	24	swap	swap	NOUN
taxlaw-2799	1193	25	hedges	hedge	VERB
taxlaw-2799	1193	26	an	an	DET
taxlaw-2799	1193	27	asset	asset	NOUN
taxlaw-2799	1193	28	(	(	PUNCT
taxlaw-2799	1193	29	not	not	PART
taxlaw-2799	1193	30	a	a	DET
taxlaw-2799	1193	31	liability	liability	NOUN
taxlaw-2799	1193	32	)	)	PUNCT
taxlaw-2799	1193	33	that	that	PRON
taxlaw-2799	1193	34	would	would	AUX
taxlaw-2799	1193	35	give	give	VERB
taxlaw-2799	1193	36	rise	rise	NOUN
taxlaw-2799	1193	37	to	to	ADP
taxlaw-2799	1193	38	ordinary	ordinary	ADJ
taxlaw-2799	1193	39	loss	loss	NOUN
taxlaw-2799	1193	40	in	in	ADP
taxlaw-2799	1193	41	the	the	DET
taxlaw-2799	1193	42	taxpayer	taxpayer	NOUN
taxlaw-2799	1193	43	’s	’s	PART
taxlaw-2799	1193	44	hands	hand	NOUN
taxlaw-2799	1193	45	.	.	PUNCT
taxlaw-2799	1194	1	see	see	VERB
taxlaw-2799	1194	2	beverly	beverly	PROPN
taxlaw-2799	1194	3	gordon	gordon	PROPN
taxlaw-2799	1195	1	v.	v.	CCONJ
taxlaw-2799	1195	2	comm’r	comm’r	PROPN
taxlaw-2799	1195	3	,	,	PUNCT
taxlaw-2799	1195	4	73	73	NUM
taxlaw-2799	1195	5	t.c.m	t.c.m	NOUN
taxlaw-2799	1195	6	.	.	PUNCT
taxlaw-2799	1196	1	(	(	PUNCT
taxlaw-2799	1196	2	cch	cch	NOUN
taxlaw-2799	1196	3	)	)	PUNCT
taxlaw-2799	1196	4	2638	2638	NUM
taxlaw-2799	1196	5	(	(	PUNCT
taxlaw-2799	1196	6	1997	1997	NUM
taxlaw-2799	1196	7	)	)	PUNCT
taxlaw-2799	1196	8	(	(	PUNCT
taxlaw-2799	1196	9	rejecting	reject	VERB
taxlaw-2799	1196	10	taxpayer	taxpayer	NOUN
taxlaw-2799	1196	11	argument	argument	NOUN
taxlaw-2799	1196	12	that	that	SCONJ
taxlaw-2799	1196	13	hedging	hedging	NOUN
taxlaw-2799	1196	14	rule	rule	NOUN
taxlaw-2799	1196	15	of	of	ADP
taxlaw-2799	1196	16	§	§	PROPN
taxlaw-2799	1196	17	1256(f)(3	1256(f)(3	NUM
taxlaw-2799	1196	18	)	)	PUNCT
taxlaw-2799	1196	19	applies	apply	VERB
taxlaw-2799	1196	20	because	because	SCONJ
taxlaw-2799	1196	21	of	of	ADP
taxlaw-2799	1196	22	failure	failure	NOUN
taxlaw-2799	1196	23	of	of	ADP
taxlaw-2799	1196	24	proof	proof	NOUN
taxlaw-2799	1196	25	)	)	PUNCT
taxlaw-2799	1196	26	;	;	PUNCT
taxlaw-2799	1196	27	i.r.s	i.r.s	PROPN
taxlaw-2799	1196	28	.	.	PUNCT
taxlaw-2799	1197	1	f.s.a	f.s.a	PROPN
taxlaw-2799	1197	2	.	.	PUNCT
taxlaw-2799	1197	3	1999	1999	NUM
taxlaw-2799	1197	4	-	-	SYM
taxlaw-2799	1197	5	1130	1130	NUM
taxlaw-2799	1197	6	(	(	PUNCT
taxlaw-2799	1197	7	concluding	conclude	VERB
taxlaw-2799	1197	8	hedging	hedging	NOUN
taxlaw-2799	1197	9	rule	rule	NOUN
taxlaw-2799	1197	10	of	of	ADP
taxlaw-2799	1197	11	§	§	PROPN
taxlaw-2799	1197	12	1256(f)(3	1256(f)(3	NUM
taxlaw-2799	1197	13	)	)	PUNCT
taxlaw-2799	1197	14	does	do	AUX
taxlaw-2799	1197	15	not	not	PART
taxlaw-2799	1197	16	apply	apply	VERB
taxlaw-2799	1197	17	to	to	ADP
taxlaw-2799	1197	18	hedges	hedge	NOUN
taxlaw-2799	1197	19	of	of	ADP
taxlaw-2799	1197	20	anticipated	anticipate	VERB
taxlaw-2799	1197	21	liabilities	liability	NOUN
taxlaw-2799	1197	22	)	)	PUNCT
taxlaw-2799	1197	23	.	.	PUNCT
taxlaw-2799	1198	1	58	58	NUM
taxlaw-2799	1198	2	columbia	columbia	PROPN
taxlaw-2799	1198	3	jour	jour	PROPN
taxlaw-2799	1198	4	al	al	PROPN
taxlaw-2799	1198	5	of	of	ADP
taxlaw-2799	1198	6	tax	tax	NOUN
taxlaw-2799	1198	7	law	law	NOUN
taxlaw-2799	1198	8	[	[	X
taxlaw-2799	1198	9	vol	vol	NOUN
taxlaw-2799	1198	10	.	.	NOUN
taxlaw-2799	1198	11	2:1	2:1	NUM
taxlaw-2799	1198	12	to	to	ADP
taxlaw-2799	1198	13	market	market	NOUN
taxlaw-2799	1198	14	.	.	PUNCT
taxlaw-2799	1199	1	given	give	VERB
taxlaw-2799	1199	2	that	that	DET
taxlaw-2799	1199	3	history	history	NOUN
taxlaw-2799	1199	4	,	,	PUNCT
taxlaw-2799	1199	5	it	it	PRON
taxlaw-2799	1199	6	would	would	AUX
taxlaw-2799	1199	7	not	not	PART
taxlaw-2799	1199	8	merely	merely	ADV
taxlaw-2799	1199	9	serve	serve	VERB
taxlaw-2799	1199	10	no	no	DET
taxlaw-2799	1199	11	tax	tax	NOUN
taxlaw-2799	1199	12	policy	policy	NOUN
taxlaw-2799	1199	13	goal	goal	NOUN
taxlaw-2799	1199	14	to	to	PART
taxlaw-2799	1199	15	require	require	VERB
taxlaw-2799	1199	16	taxpayers	taxpayer	NOUN
taxlaw-2799	1199	17	currently	currently	ADV
taxlaw-2799	1199	18	marking	mark	VERB
taxlaw-2799	1199	19	derivatives	derivative	NOUN
taxlaw-2799	1199	20	to	to	ADP
taxlaw-2799	1199	21	market	market	NOUN
taxlaw-2799	1199	22	under	under	ADP
taxlaw-2799	1199	23	§	§	PROPN
taxlaw-2799	1199	24	475	475	NUM
taxlaw-2799	1199	25	to	to	PART
taxlaw-2799	1199	26	mark	mark	VERB
taxlaw-2799	1199	27	them	they	PRON
taxlaw-2799	1199	28	to	to	ADP
taxlaw-2799	1199	29	market	market	NOUN
taxlaw-2799	1199	30	instead	instead	ADV
taxlaw-2799	1199	31	under	under	ADP
taxlaw-2799	1199	32	§	§	PROPN
taxlaw-2799	1199	33	1256	1256	NUM
taxlaw-2799	1199	34	,	,	PUNCT
taxlaw-2799	1199	35	it	it	PRON
taxlaw-2799	1199	36	would	would	AUX
taxlaw-2799	1199	37	be	be	AUX
taxlaw-2799	1199	38	positively	positively	ADV
taxlaw-2799	1199	39	perverse	perverse	ADJ
taxlaw-2799	1199	40	.	.	PUNCT
taxlaw-2799	1200	1	moreover	moreover	ADV
taxlaw-2799	1200	2	,	,	PUNCT
taxlaw-2799	1200	3	while	while	SCONJ
taxlaw-2799	1200	4	the	the	DET
taxlaw-2799	1200	5	exclusion	exclusion	NOUN
taxlaw-2799	1200	6	of	of	ADP
taxlaw-2799	1200	7	section	section	NOUN
taxlaw-2799	1200	8	1256	1256	NUM
taxlaw-2799	1200	9	contracts	contract	NOUN
taxlaw-2799	1200	10	from	from	ADP
taxlaw-2799	1200	11	the	the	DET
taxlaw-2799	1200	12	definition	definition	NOUN
taxlaw-2799	1200	13	of	of	ADP
taxlaw-2799	1200	14	the	the	DET
taxlaw-2799	1200	15	term	term	NOUN
taxlaw-2799	1200	16	“	"	PUNCT
taxlaw-2799	1200	17	security	security	NOUN
taxlaw-2799	1200	18	”	"	PUNCT
taxlaw-2799	1200	19	for	for	ADP
taxlaw-2799	1200	20	§	§	PROPN
taxlaw-2799	1200	21	475	475	NUM
taxlaw-2799	1200	22	purposes	purpose	NOUN
taxlaw-2799	1200	23	may	may	AUX
taxlaw-2799	1200	24	have	have	AUX
taxlaw-2799	1200	25	originally	originally	ADV
taxlaw-2799	1200	26	served	serve	VERB
taxlaw-2799	1200	27	to	to	PART
taxlaw-2799	1200	28	ensure	ensure	VERB
taxlaw-2799	1200	29	that	that	SCONJ
taxlaw-2799	1200	30	commodities	commodity	NOUN
taxlaw-2799	1200	31	dealers	dealer	NOUN
taxlaw-2799	1200	32	and	and	CCONJ
taxlaw-2799	1200	33	traders	trader	NOUN
taxlaw-2799	1200	34	were	be	AUX
taxlaw-2799	1200	35	not	not	PART
taxlaw-2799	1200	36	subject	subject	ADJ
taxlaw-2799	1200	37	to	to	ADP
taxlaw-2799	1200	38	§	§	PROPN
taxlaw-2799	1200	39	475	475	NUM
taxlaw-2799	1200	40	,	,	PUNCT
taxlaw-2799	1200	41	those	those	DET
taxlaw-2799	1200	42	taxpayers	taxpayer	NOUN
taxlaw-2799	1200	43	subsequently	subsequently	ADV
taxlaw-2799	1200	44	had	have	VERB
taxlaw-2799	1200	45	a	a	DET
taxlaw-2799	1200	46	change	change	NOUN
taxlaw-2799	1200	47	of	of	ADP
taxlaw-2799	1200	48	heart	heart	NOUN
taxlaw-2799	1200	49	and	and	CCONJ
taxlaw-2799	1200	50	lobbied	lobby	VERB
taxlaw-2799	1200	51	successfully	successfully	ADV
taxlaw-2799	1200	52	for	for	ADP
taxlaw-2799	1200	53	an	an	DET
taxlaw-2799	1200	54	election	election	NOUN
taxlaw-2799	1200	55	into	into	ADP
taxlaw-2799	1200	56	§	§	PROPN
taxlaw-2799	1200	57	475	475	NUM
taxlaw-2799	1200	58	treatment	treatment	NOUN
taxlaw-2799	1200	59	.	.	PUNCT
taxlaw-2799	1201	1	conceivably	conceivably	ADV
taxlaw-2799	1201	2	,	,	PUNCT
taxlaw-2799	1201	3	therefore	therefore	ADV
taxlaw-2799	1201	4	,	,	PUNCT
taxlaw-2799	1201	5	the	the	DET
taxlaw-2799	1201	6	service	service	NOUN
taxlaw-2799	1201	7	could	could	AUX
taxlaw-2799	1201	8	exercise	exercise	VERB
taxlaw-2799	1201	9	its	its	PRON
taxlaw-2799	1201	10	regulatory	regulatory	ADJ
taxlaw-2799	1201	11	authority	authority	NOUN
taxlaw-2799	1201	12	under	under	ADP
taxlaw-2799	1201	13	§	§	PROPN
taxlaw-2799	1201	14	475(g	475(g	PROPN
taxlaw-2799	1201	15	)	)	PUNCT
taxlaw-2799	1201	16	to	to	PART
taxlaw-2799	1201	17	apply	apply	VERB
taxlaw-2799	1201	18	the	the	DET
taxlaw-2799	1201	19	§	§	PROPN
taxlaw-2799	1201	20	1256	1256	NUM
taxlaw-2799	1201	21	carve	carve	NOUN
taxlaw-2799	1201	22	-	-	PUNCT
taxlaw-2799	1201	23	out	out	NOUN
taxlaw-2799	1201	24	to	to	ADP
taxlaw-2799	1201	25	the	the	DET
taxlaw-2799	1201	26	definition	definition	NOUN
taxlaw-2799	1201	27	of	of	ADP
taxlaw-2799	1201	28	“	"	PUNCT
taxlaw-2799	1201	29	security	security	NOUN
taxlaw-2799	1201	30	”	"	PUNCT
taxlaw-2799	1201	31	in	in	ADP
taxlaw-2799	1201	32	a	a	DET
taxlaw-2799	1201	33	more	more	ADV
taxlaw-2799	1201	34	limited	limited	ADJ
taxlaw-2799	1201	35	manner	manner	NOUN
taxlaw-2799	1201	36	.	.	PUNCT
taxlaw-2799	1202	1	for	for	ADP
taxlaw-2799	1202	2	example	example	NOUN
taxlaw-2799	1202	3	,	,	PUNCT
taxlaw-2799	1202	4	the	the	DET
taxlaw-2799	1202	5	carve	carve	NOUN
taxlaw-2799	1202	6	-	-	PUNCT
taxlaw-2799	1202	7	out	out	NOUN
taxlaw-2799	1202	8	could	could	AUX
taxlaw-2799	1202	9	be	be	AUX
taxlaw-2799	1202	10	applied	apply	VERB
taxlaw-2799	1202	11	,	,	PUNCT
taxlaw-2799	1202	12	as	as	SCONJ
taxlaw-2799	1202	13	it	it	PRON
taxlaw-2799	1202	14	does	do	VERB
taxlaw-2799	1202	15	today	today	NOUN
taxlaw-2799	1202	16	,	,	PUNCT
taxlaw-2799	1202	17	for	for	ADP
taxlaw-2799	1202	18	purposes	purpose	NOUN
taxlaw-2799	1202	19	of	of	ADP
taxlaw-2799	1202	20	determining	determine	VERB
taxlaw-2799	1202	21	whether	whether	SCONJ
taxlaw-2799	1202	22	a	a	DET
taxlaw-2799	1202	23	taxpayer	taxpayer	NOUN
taxlaw-2799	1202	24	such	such	ADJ
taxlaw-2799	1202	25	as	as	ADP
taxlaw-2799	1202	26	a	a	DET
taxlaw-2799	1202	27	market	market	NOUN
taxlaw-2799	1202	28	-	-	PUNCT
taxlaw-2799	1202	29	maker	maker	NOUN
taxlaw-2799	1202	30	on	on	ADP
taxlaw-2799	1202	31	a	a	DET
taxlaw-2799	1202	32	commodities	commodity	NOUN
taxlaw-2799	1202	33	exchange	exchange	NOUN
taxlaw-2799	1202	34	or	or	CCONJ
taxlaw-2799	1202	35	a	a	DET
taxlaw-2799	1202	36	dealer	dealer	NOUN
taxlaw-2799	1202	37	in	in	ADP
taxlaw-2799	1202	38	fixed	fix	VERB
taxlaw-2799	1202	39	income	income	NOUN
taxlaw-2799	1202	40	instruments	instrument	NOUN
taxlaw-2799	1202	41	is	be	AUX
taxlaw-2799	1202	42	a	a	DET
taxlaw-2799	1202	43	§	§	PROPN
taxlaw-2799	1202	44	475	475	NUM
taxlaw-2799	1202	45	dealer	dealer	NOUN
taxlaw-2799	1202	46	in	in	ADP
taxlaw-2799	1202	47	securities	security	NOUN
taxlaw-2799	1202	48	and	and	CCONJ
taxlaw-2799	1202	49	would	would	AUX
taxlaw-2799	1202	50	be	be	AUX
taxlaw-2799	1202	51	subject	subject	ADJ
taxlaw-2799	1202	52	to	to	ADP
taxlaw-2799	1202	53	the	the	DET
taxlaw-2799	1202	54	same	same	ADJ
taxlaw-2799	1202	55	rules	rule	NOUN
taxlaw-2799	1202	56	as	as	SCONJ
taxlaw-2799	1202	57	is	be	AUX
taxlaw-2799	1202	58	the	the	DET
taxlaw-2799	1202	59	case	case	NOUN
taxlaw-2799	1202	60	today	today	NOUN
taxlaw-2799	1202	61	(	(	PUNCT
taxlaw-2799	1202	62	treating	treat	VERB
taxlaw-2799	1202	63	section	section	NOUN
taxlaw-2799	1202	64	1256	1256	NUM
taxlaw-2799	1202	65	contracts	contract	NOUN
taxlaw-2799	1202	66	as	as	ADP
taxlaw-2799	1202	67	non-“securities	non-“securitie	NOUN
taxlaw-2799	1202	68	”	"	PUNCT
taxlaw-2799	1202	69	for	for	ADP
taxlaw-2799	1202	70	this	this	DET
taxlaw-2799	1202	71	purpose	purpose	NOUN
taxlaw-2799	1202	72	)	)	PUNCT
taxlaw-2799	1202	73	.	.	PUNCT
taxlaw-2799	1203	1	the	the	DET
taxlaw-2799	1203	2	carve	carve	NOUN
taxlaw-2799	1203	3	-	-	PUNCT
taxlaw-2799	1203	4	out	out	NOUN
taxlaw-2799	1203	5	could	could	AUX
taxlaw-2799	1203	6	cease	cease	VERB
taxlaw-2799	1203	7	to	to	PART
taxlaw-2799	1203	8	apply	apply	VERB
taxlaw-2799	1203	9	once	once	SCONJ
taxlaw-2799	1203	10	the	the	DET
taxlaw-2799	1203	11	fixed	fix	VERB
taxlaw-2799	1203	12	income	income	NOUN
taxlaw-2799	1203	13	dealer	dealer	NOUN
taxlaw-2799	1203	14	was	be	AUX
taxlaw-2799	1203	15	treated	treat	VERB
taxlaw-2799	1203	16	as	as	ADP
taxlaw-2799	1203	17	a	a	DET
taxlaw-2799	1203	18	dealer	dealer	NOUN
taxlaw-2799	1203	19	in	in	ADP
taxlaw-2799	1203	20	securities	security	NOUN
taxlaw-2799	1203	21	,	,	PUNCT
taxlaw-2799	1203	22	however	however	ADV
taxlaw-2799	1203	23	,	,	PUNCT
taxlaw-2799	1203	24	with	with	SCONJ
taxlaw-2799	1203	25	the	the	DET
taxlaw-2799	1203	26	result	result	NOUN
taxlaw-2799	1203	27	that	that	SCONJ
taxlaw-2799	1203	28	any	any	DET
taxlaw-2799	1203	29	section	section	NOUN
taxlaw-2799	1203	30	1256	1256	NUM
taxlaw-2799	1203	31	contracts	contract	NOUN
taxlaw-2799	1203	32	the	the	DET
taxlaw-2799	1203	33	dealer	dealer	NOUN
taxlaw-2799	1203	34	entered	enter	VERB
taxlaw-2799	1203	35	into	into	ADP
taxlaw-2799	1203	36	would	would	AUX
taxlaw-2799	1203	37	be	be	AUX
taxlaw-2799	1203	38	treated	treat	VERB
taxlaw-2799	1203	39	as	as	ADP
taxlaw-2799	1203	40	§	§	PROPN
taxlaw-2799	1203	41	475	475	NUM
taxlaw-2799	1203	42	securities	security	NOUN
taxlaw-2799	1203	43	.	.	PUNCT
taxlaw-2799	1204	1	an	an	DET
taxlaw-2799	1204	2	approach	approach	NOUN
taxlaw-2799	1204	3	of	of	ADP
taxlaw-2799	1204	4	this	this	DET
taxlaw-2799	1204	5	kind	kind	NOUN
taxlaw-2799	1204	6	does	do	AUX
taxlaw-2799	1204	7	not	not	PART
taxlaw-2799	1204	8	square	square	VERB
taxlaw-2799	1204	9	too	too	ADV
taxlaw-2799	1204	10	easily	easily	ADV
taxlaw-2799	1204	11	with	with	ADP
taxlaw-2799	1204	12	the	the	DET
taxlaw-2799	1204	13	statutory	statutory	ADJ
taxlaw-2799	1204	14	definition	definition	NOUN
taxlaw-2799	1204	15	of	of	ADP
taxlaw-2799	1204	16	“	"	PUNCT
taxlaw-2799	1204	17	security	security	NOUN
taxlaw-2799	1204	18	,	,	PUNCT
taxlaw-2799	1204	19	”	"	PUNCT
taxlaw-2799	1204	20	but	but	CCONJ
taxlaw-2799	1204	21	in	in	ADP
taxlaw-2799	1204	22	view	view	NOUN
taxlaw-2799	1204	23	of	of	ADP
taxlaw-2799	1204	24	the	the	DET
taxlaw-2799	1204	25	historic	historic	ADJ
taxlaw-2799	1204	26	and	and	CCONJ
taxlaw-2799	1204	27	current	current	ADJ
taxlaw-2799	1204	28	connection	connection	NOUN
taxlaw-2799	1204	29	between	between	ADP
taxlaw-2799	1204	30	§	§	PROPN
taxlaw-2799	1204	31	1256	1256	NUM
taxlaw-2799	1204	32	and	and	CCONJ
taxlaw-2799	1204	33	the	the	DET
taxlaw-2799	1204	34	commodities	commodity	NOUN
taxlaw-2799	1204	35	markets	market	VERB
taxlaw-2799	1204	36	it	it	PRON
taxlaw-2799	1204	37	is	be	AUX
taxlaw-2799	1204	38	again	again	ADV
taxlaw-2799	1204	39	perverse	perverse	ADJ
taxlaw-2799	1204	40	that	that	SCONJ
taxlaw-2799	1204	41	electing	elect	VERB
taxlaw-2799	1204	42	dealers	dealer	NOUN
taxlaw-2799	1204	43	and	and	CCONJ
taxlaw-2799	1204	44	traders	trader	NOUN
taxlaw-2799	1204	45	in	in	ADP
taxlaw-2799	1204	46	commodities	commodity	NOUN
taxlaw-2799	1204	47	treat	treat	VERB
taxlaw-2799	1204	48	gain	gain	NOUN
taxlaw-2799	1204	49	or	or	CCONJ
taxlaw-2799	1204	50	loss	loss	NOUN
taxlaw-2799	1204	51	from	from	ADP
taxlaw-2799	1204	52	section	section	NOUN
taxlaw-2799	1204	53	1256	1256	NUM
taxlaw-2799	1204	54	contracts	contract	NOUN
taxlaw-2799	1204	55	as	as	ADP
taxlaw-2799	1204	56	ordinary	ordinary	ADJ
taxlaw-2799	1204	57	under	under	ADP
taxlaw-2799	1204	58	§	§	PROPN
taxlaw-2799	1204	59	475	475	NUM
taxlaw-2799	1204	60	,	,	PUNCT
taxlaw-2799	1204	61	while	while	SCONJ
taxlaw-2799	1204	62	dealers	dealer	NOUN
taxlaw-2799	1204	63	and	and	CCONJ
taxlaw-2799	1204	64	electing	elect	VERB
taxlaw-2799	1204	65	traders	trader	NOUN
taxlaw-2799	1204	66	in	in	ADP
taxlaw-2799	1204	67	securities	security	NOUN
taxlaw-2799	1204	68	generally	generally	ADV
taxlaw-2799	1204	69	must	must	AUX
taxlaw-2799	1204	70	apply	apply	VERB
taxlaw-2799	1204	71	the	the	DET
taxlaw-2799	1204	72	capital	capital	NOUN
taxlaw-2799	1204	73	gain	gain	NOUN
taxlaw-2799	1204	74	/	/	SYM
taxlaw-2799	1204	75	loss	loss	NOUN
taxlaw-2799	1204	76	rules	rule	NOUN
taxlaw-2799	1204	77	of	of	ADP
taxlaw-2799	1204	78	§	§	PROPN
taxlaw-2799	1204	79	1256.104	1256.104	NUM
taxlaw-2799	1204	80	in	in	ADP
taxlaw-2799	1204	81	any	any	DET
taxlaw-2799	1204	82	event	event	NOUN
taxlaw-2799	1204	83	,	,	PUNCT
taxlaw-2799	1204	84	this	this	DET
taxlaw-2799	1204	85	hypothetical	hypothetical	ADJ
taxlaw-2799	1204	86	also	also	ADV
taxlaw-2799	1204	87	demonstrates	demonstrate	VERB
taxlaw-2799	1204	88	the	the	DET
taxlaw-2799	1204	89	benefits	benefit	NOUN
taxlaw-2799	1204	90	of	of	ADP
taxlaw-2799	1204	91	taking	take	VERB
taxlaw-2799	1204	92	a	a	DET
taxlaw-2799	1204	93	narrow	narrow	ADJ
taxlaw-2799	1204	94	view	view	NOUN
taxlaw-2799	1204	95	of	of	ADP
taxlaw-2799	1204	96	the	the	DET
taxlaw-2799	1204	97	scope	scope	NOUN
taxlaw-2799	1204	98	of	of	ADP
taxlaw-2799	1204	99	§	§	PROPN
taxlaw-2799	1204	100	1256	1256	NUM
taxlaw-2799	1204	101	going	go	VERB
taxlaw-2799	1204	102	forward	forward	ADV
taxlaw-2799	1204	103	.	.	PUNCT
taxlaw-2799	1205	1	3	3	X
taxlaw-2799	1205	2	.	.	X
taxlaw-2799	1205	3	benefits	benefit	NOUN
taxlaw-2799	1205	4	of	of	ADP
taxlaw-2799	1205	5	section	section	NOUN
taxlaw-2799	1205	6	1256	1256	NUM
taxlaw-2799	1205	7	treatment	treatment	NOUN
taxlaw-2799	1205	8	.	.	PUNCT
taxlaw-2799	1206	1	of	of	ADP
taxlaw-2799	1206	2	course	course	NOUN
taxlaw-2799	1206	3	,	,	PUNCT
taxlaw-2799	1206	4	§	§	PROPN
taxlaw-2799	1206	5	1256	1256	NUM
taxlaw-2799	1206	6	treatment	treatment	NOUN
taxlaw-2799	1206	7	is	be	AUX
taxlaw-2799	1206	8	not	not	PART
taxlaw-2799	1206	9	always	always	ADV
taxlaw-2799	1206	10	disadvantageous	disadvantageous	ADJ
taxlaw-2799	1206	11	.	.	PUNCT
taxlaw-2799	1207	1	for	for	ADP
taxlaw-2799	1207	2	individuals	individual	NOUN
taxlaw-2799	1207	3	who	who	PRON
taxlaw-2799	1207	4	trade	trade	VERB
taxlaw-2799	1207	5	derivatives	derivative	NOUN
taxlaw-2799	1207	6	,	,	PUNCT
taxlaw-2799	1207	7	or	or	CCONJ
taxlaw-2799	1207	8	who	who	PRON
taxlaw-2799	1207	9	are	be	AUX
taxlaw-2799	1207	10	investors	investor	NOUN
taxlaw-2799	1207	11	in	in	ADP
taxlaw-2799	1207	12	pass	pass	NOUN
taxlaw-2799	1207	13	-	-	PUNCT
taxlaw-2799	1207	14	through	through	ADP
taxlaw-2799	1207	15	entities	entity	NOUN
taxlaw-2799	1207	16	that	that	PRON
taxlaw-2799	1207	17	trade	trade	VERB
taxlaw-2799	1207	18	derivatives	derivative	NOUN
taxlaw-2799	1207	19	,	,	PUNCT
taxlaw-2799	1207	20	§	§	PROPN
taxlaw-2799	1207	21	1256	1256	NUM
taxlaw-2799	1207	22	treatment	treatment	NOUN
taxlaw-2799	1207	23	can	can	AUX
taxlaw-2799	1207	24	be	be	AUX
taxlaw-2799	1207	25	highly	highly	ADV
taxlaw-2799	1207	26	desirable	desirable	ADJ
taxlaw-2799	1207	27	,	,	PUNCT
taxlaw-2799	1207	28	since	since	SCONJ
taxlaw-2799	1207	29	it	it	PRON
taxlaw-2799	1207	30	provides	provide	VERB
taxlaw-2799	1207	31	60	60	NUM
taxlaw-2799	1207	32	%	%	NOUN
taxlaw-2799	1207	33	long	long	ADJ
taxlaw-2799	1207	34	-	-	PUNCT
taxlaw-2799	1207	35	term	term	NOUN
taxlaw-2799	1207	36	capital	capital	NOUN
taxlaw-2799	1207	37	gain	gain	NOUN
taxlaw-2799	1207	38	for	for	ADP
taxlaw-2799	1207	39	short	short	ADJ
taxlaw-2799	1207	40	-	-	PUNCT
taxlaw-2799	1207	41	term	term	NOUN
taxlaw-2799	1207	42	positions	position	NOUN
taxlaw-2799	1207	43	.	.	PUNCT
taxlaw-2799	1208	1	the	the	DET
taxlaw-2799	1208	2	significance	significance	NOUN
taxlaw-2799	1208	3	of	of	ADP
taxlaw-2799	1208	4	this	this	PRON
taxlaw-2799	1208	5	is	be	AUX
taxlaw-2799	1208	6	not	not	PART
taxlaw-2799	1208	7	trivial	trivial	ADJ
taxlaw-2799	1208	8	,	,	PUNCT
taxlaw-2799	1208	9	since	since	SCONJ
taxlaw-2799	1208	10	60/40	60/40	NUM
taxlaw-2799	1208	11	treatment	treatment	NOUN
taxlaw-2799	1208	12	was	be	AUX
taxlaw-2799	1208	13	viewed	view	VERB
taxlaw-2799	1208	14	as	as	ADP
taxlaw-2799	1208	15	the	the	DET
taxlaw-2799	1208	16	carrot	carrot	NOUN
taxlaw-2799	1208	17	to	to	PART
taxlaw-2799	1208	18	balance	balance	VERB
taxlaw-2799	1208	19	the	the	DET
taxlaw-2799	1208	20	mark	mark	NOUN
taxlaw-2799	1208	21	-	-	PUNCT
taxlaw-2799	1208	22	to	to	ADP
taxlaw-2799	1208	23	-	-	PUNCT
taxlaw-2799	1208	24	market	market	NOUN
taxlaw-2799	1208	25	stick	stick	NOUN
taxlaw-2799	1208	26	when	when	SCONJ
taxlaw-2799	1208	27	§	§	PROPN
taxlaw-2799	1208	28	1256	1256	NUM
taxlaw-2799	1208	29	was	be	AUX
taxlaw-2799	1208	30	enacted	enact	VERB
taxlaw-2799	1208	31	,	,	PUNCT
taxlaw-2799	1208	32	and	and	CCONJ
taxlaw-2799	1208	33	the	the	DET
taxlaw-2799	1208	34	desire	desire	NOUN
taxlaw-2799	1208	35	to	to	PART
taxlaw-2799	1208	36	preserve	preserve	VERB
taxlaw-2799	1208	37	parity	parity	NOUN
taxlaw-2799	1208	38	with	with	ADP
taxlaw-2799	1208	39	existing	exist	VERB
taxlaw-2799	1208	40	section	section	NOUN
taxlaw-2799	1208	41	1256	1256	NUM
taxlaw-2799	1208	42	contracts	contract	NOUN
taxlaw-2799	1208	43	has	have	AUX
taxlaw-2799	1208	44	been	be	AUX
taxlaw-2799	1208	45	the	the	DET
taxlaw-2799	1208	46	principal	principal	ADJ
taxlaw-2799	1208	47	reason	reason	NOUN
taxlaw-2799	1208	48	why	why	SCONJ
taxlaw-2799	1208	49	the	the	DET
taxlaw-2799	1208	50	list	list	NOUN
taxlaw-2799	1208	51	of	of	ADP
taxlaw-2799	1208	52	section	section	NOUN
taxlaw-2799	1208	53	1256	1256	NUM
taxlaw-2799	1208	54	contracts	contract	NOUN
taxlaw-2799	1208	55	has	have	AUX
taxlaw-2799	1208	56	grown	grow	VERB
taxlaw-2799	1208	57	over	over	ADP
taxlaw-2799	1208	58	time	time	NOUN
taxlaw-2799	1208	59	.	.	PUNCT
taxlaw-2799	1209	1	therefore	therefore	ADV
taxlaw-2799	1209	2	,	,	PUNCT
taxlaw-2799	1209	3	for	for	ADP
taxlaw-2799	1209	4	taxpayers	taxpayer	NOUN
taxlaw-2799	1209	5	who	who	PRON
taxlaw-2799	1209	6	can	can	AUX
taxlaw-2799	1209	7	live	live	VERB
taxlaw-2799	1209	8	with	with	ADP
taxlaw-2799	1209	9	mark	mark	NOUN
taxlaw-2799	1209	10	-	-	PUNCT
taxlaw-2799	1209	11	to	to	ADP
taxlaw-2799	1209	12	-	-	PUNCT
taxlaw-2799	1209	13	market	market	NOUN
taxlaw-2799	1209	14	treatment	treatment	NOUN
taxlaw-2799	1209	15	,	,	PUNCT
taxlaw-2799	1209	16	particularly	particularly	ADV
taxlaw-2799	1209	17	for	for	ADP
taxlaw-2799	1209	18	short	short	ADJ
taxlaw-2799	1209	19	-	-	PUNCT
taxlaw-2799	1209	20	term	term	NOUN
taxlaw-2799	1209	21	contracts	contract	NOUN
taxlaw-2799	1209	22	like	like	ADP
taxlaw-2799	1209	23	most	most	ADJ
taxlaw-2799	1209	24	contracts	contract	NOUN
taxlaw-2799	1209	25	traded	trade	VERB
taxlaw-2799	1209	26	on	on	ADP
taxlaw-2799	1209	27	commodities	commodity	NOUN
taxlaw-2799	1209	28	exchanges	exchange	NOUN
taxlaw-2799	1209	29	today	today	NOUN
taxlaw-2799	1209	30	,	,	PUNCT
taxlaw-2799	1209	31	the	the	DET
taxlaw-2799	1209	32	balance	balance	NOUN
taxlaw-2799	1209	33	may	may	AUX
taxlaw-2799	1209	34	favor	favor	VERB
taxlaw-2799	1209	35	§	§	PROPN
taxlaw-2799	1209	36	1256	1256	NUM
taxlaw-2799	1209	37	in	in	ADP
taxlaw-2799	1209	38	the	the	DET
taxlaw-2799	1209	39	case	case	NOUN
taxlaw-2799	1209	40	of	of	ADP
taxlaw-2799	1209	41	individuals	individual	NOUN
taxlaw-2799	1209	42	.	.	PUNCT
taxlaw-2799	1210	1	congress	congress	PROPN
taxlaw-2799	1210	2	has	have	AUX
taxlaw-2799	1210	3	from	from	ADP
taxlaw-2799	1210	4	time	time	NOUN
taxlaw-2799	1210	5	to	to	ADP
taxlaw-2799	1210	6	time	time	NOUN
taxlaw-2799	1210	7	acted	act	VERB
taxlaw-2799	1210	8	to	to	PART
taxlaw-2799	1210	9	limit	limit	VERB
taxlaw-2799	1210	10	the	the	DET
taxlaw-2799	1210	11	extent	extent	NOUN
taxlaw-2799	1210	12	to	to	PART
taxlaw-2799	1210	13	which	which	PRON
taxlaw-2799	1210	14	60/40	60/40	NUM
taxlaw-2799	1210	15	treatment	treatment	NOUN
taxlaw-2799	1210	16	is	be	AUX
taxlaw-2799	1210	17	available	available	ADJ
taxlaw-2799	1210	18	.	.	PUNCT
taxlaw-2799	1211	1	for	for	ADP
taxlaw-2799	1211	2	example	example	NOUN
taxlaw-2799	1211	3	,	,	PUNCT
taxlaw-2799	1211	4	in	in	ADP
taxlaw-2799	1211	5	1984	1984	NUM
taxlaw-2799	1211	6	,	,	PUNCT
taxlaw-2799	1211	7	when	when	SCONJ
taxlaw-2799	1211	8	dealer	dealer	NOUN
taxlaw-2799	1211	9	equity	equity	NOUN
taxlaw-2799	1211	10	options	option	NOUN
taxlaw-2799	1211	11	were	be	AUX
taxlaw-2799	1211	12	added	add	VERB
taxlaw-2799	1211	13	to	to	ADP
taxlaw-2799	1211	14	the	the	DET
taxlaw-2799	1211	15	list	list	NOUN
taxlaw-2799	1211	16	of	of	ADP
taxlaw-2799	1211	17	section	section	NOUN
taxlaw-2799	1211	18	1256	1256	NUM
taxlaw-2799	1211	19	contracts	contract	NOUN
taxlaw-2799	1211	20	,	,	PUNCT
taxlaw-2799	1211	21	congress	congress	PROPN
taxlaw-2799	1211	22	took	take	VERB
taxlaw-2799	1211	23	care	care	NOUN
taxlaw-2799	1211	24	to	to	PART
taxlaw-2799	1211	25	ensure	ensure	VERB
taxlaw-2799	1211	26	that	that	SCONJ
taxlaw-2799	1211	27	options	option	NOUN
taxlaw-2799	1211	28	market	market	NOUN
taxlaw-2799	1211	29	-	-	PUNCT
taxlaw-2799	1211	30	makers	maker	NOUN
taxlaw-2799	1211	31	could	could	AUX
taxlaw-2799	1211	32	not	not	PART
taxlaw-2799	1211	33	set	set	VERB
taxlaw-2799	1211	34	themselves	themselves	PRON
taxlaw-2799	1211	35	up	up	ADP
taxlaw-2799	1211	36	as	as	ADP
taxlaw-2799	1211	37	limited	limit	VERB
taxlaw-2799	1211	38	partnerships	partnership	NOUN
taxlaw-2799	1211	39	and	and	CCONJ
taxlaw-2799	1211	40	pass	pass	VERB
taxlaw-2799	1211	41	the	the	DET
taxlaw-2799	1211	42	benefits	benefit	NOUN
taxlaw-2799	1211	43	of	of	ADP
taxlaw-2799	1211	44	60/40	60/40	NUM
taxlaw-2799	1211	45	treatment	treatment	NOUN
taxlaw-2799	1211	46	on	on	ADP
taxlaw-2799	1211	47	to	to	ADP
taxlaw-2799	1211	48	limited	limit	VERB
taxlaw-2799	1211	49	partners	partner	NOUN
taxlaw-2799	1211	50	.	.	PUNCT
taxlaw-2799	1212	1	104	104	NUM
taxlaw-2799	1212	2	electing	elect	VERB
taxlaw-2799	1212	3	dealers	dealer	NOUN
taxlaw-2799	1212	4	and	and	CCONJ
taxlaw-2799	1212	5	traders	trader	NOUN
taxlaw-2799	1212	6	in	in	ADP
taxlaw-2799	1212	7	commodities	commodity	NOUN
taxlaw-2799	1212	8	mark	mark	VERB
taxlaw-2799	1212	9	“	"	PUNCT
taxlaw-2799	1212	10	commodities	commodity	NOUN
taxlaw-2799	1212	11	”	"	PUNCT
taxlaw-2799	1212	12	to	to	ADP
taxlaw-2799	1212	13	market	market	NOUN
taxlaw-2799	1212	14	.	.	PUNCT
taxlaw-2799	1213	1	i.r.c	i.r.c	NOUN
taxlaw-2799	1213	2	.	.	PUNCT
taxlaw-2799	1214	1	§	§	PROPN
taxlaw-2799	1214	2	§	§	PROPN
taxlaw-2799	1214	3	475(e)-(f	475(e)-(f	NOUN
taxlaw-2799	1214	4	)	)	PUNCT
taxlaw-2799	1214	5	(	(	PUNCT
taxlaw-2799	1214	6	2010	2010	NUM
taxlaw-2799	1214	7	)	)	PUNCT
taxlaw-2799	1214	8	.	.	PUNCT
taxlaw-2799	1215	1	the	the	DET
taxlaw-2799	1215	2	definition	definition	NOUN
taxlaw-2799	1215	3	of	of	ADP
taxlaw-2799	1215	4	this	this	DET
taxlaw-2799	1215	5	term	term	NOUN
taxlaw-2799	1215	6	includes	include	VERB
taxlaw-2799	1215	7	futures	future	NOUN
taxlaw-2799	1215	8	contracts	contract	NOUN
taxlaw-2799	1215	9	and	and	CCONJ
taxlaw-2799	1215	10	does	do	AUX
taxlaw-2799	1215	11	not	not	PART
taxlaw-2799	1215	12	exclude	exclude	VERB
taxlaw-2799	1215	13	section	section	NOUN
taxlaw-2799	1215	14	1256	1256	NUM
taxlaw-2799	1215	15	contracts	contract	NOUN
taxlaw-2799	1215	16	.	.	PUNCT
taxlaw-2799	1216	1	i.r.c	i.r.c	NOUN
taxlaw-2799	1216	2	.	.	PUNCT
taxlaw-2799	1217	1	§	§	PROPN
taxlaw-2799	1217	2	475(e)(2	475(e)(2	PROPN
taxlaw-2799	1217	3	)	)	PUNCT
taxlaw-2799	1217	4	(	(	PUNCT
taxlaw-2799	1217	5	2010	2010	NUM
taxlaw-2799	1217	6	)	)	PUNCT
taxlaw-2799	1217	7	.	.	PUNCT
taxlaw-2799	1218	1	electing	elect	VERB
taxlaw-2799	1218	2	dealers	dealer	NOUN
taxlaw-2799	1218	3	and	and	CCONJ
taxlaw-2799	1218	4	traders	trader	NOUN
taxlaw-2799	1218	5	in	in	ADP
taxlaw-2799	1218	6	securities	security	NOUN
taxlaw-2799	1218	7	mark	mark	PROPN
taxlaw-2799	1218	8	“	"	PUNCT
taxlaw-2799	1218	9	securities	security	NOUN
taxlaw-2799	1218	10	”	"	PUNCT
taxlaw-2799	1218	11	to	to	ADP
taxlaw-2799	1218	12	market	market	NOUN
taxlaw-2799	1218	13	,	,	PUNCT
taxlaw-2799	1218	14	which	which	PRON
taxlaw-2799	1218	15	as	as	SCONJ
taxlaw-2799	1218	16	discussed	discuss	VERB
taxlaw-2799	1218	17	in	in	ADP
taxlaw-2799	1218	18	the	the	DET
taxlaw-2799	1218	19	text	text	NOUN
taxlaw-2799	1218	20	does	do	AUX
taxlaw-2799	1218	21	generally	generally	ADV
taxlaw-2799	1218	22	exclude	exclude	VERB
taxlaw-2799	1218	23	section	section	NOUN
taxlaw-2799	1218	24	1256	1256	NUM
taxlaw-2799	1218	25	contracts	contract	NOUN
taxlaw-2799	1218	26	.	.	PUNCT
taxlaw-2799	1219	1	2011	2011	NUM
taxlaw-2799	1219	2	]	]	PUNCT
taxlaw-2799	1219	3	ew	ew	AUX
taxlaw-2799	1219	4	tax	tax	NOUN
taxlaw-2799	1219	5	issues	issue	NOUN
taxlaw-2799	1219	6	arisi	arisi	VERB
taxlaw-2799	1219	7	g	g	PROPN
taxlaw-2799	1219	8	from	from	ADP
taxlaw-2799	1219	9	the	the	DET
taxlaw-2799	1219	10	dodd	dodd	NOUN
taxlaw-2799	1219	11	-	-	PUNCT
taxlaw-2799	1219	12	fra	fra	PROPN
taxlaw-2799	1219	13	k	k	PROPN
taxlaw-2799	1219	14	act	act	VERB
taxlaw-2799	1219	15	59	59	NUM
taxlaw-2799	1219	16	section	section	NOUN
taxlaw-2799	1219	17	1256(f)(4	1256(f)(4	NUM
taxlaw-2799	1219	18	)	)	PUNCT
taxlaw-2799	1219	19	provides	provide	VERB
taxlaw-2799	1219	20	that	that	DET
taxlaw-2799	1219	21	gain	gain	NOUN
taxlaw-2799	1219	22	or	or	CCONJ
taxlaw-2799	1219	23	loss	loss	NOUN
taxlaw-2799	1219	24	from	from	ADP
taxlaw-2799	1219	25	dealer	dealer	NOUN
taxlaw-2799	1219	26	equity	equity	NOUN
taxlaw-2799	1219	27	options	option	NOUN
taxlaw-2799	1219	28	allocable	allocable	ADJ
taxlaw-2799	1219	29	to	to	ADP
taxlaw-2799	1219	30	limited	limited	ADJ
taxlaw-2799	1219	31	partners	partner	NOUN
taxlaw-2799	1219	32	is	be	AUX
taxlaw-2799	1219	33	always	always	ADV
taxlaw-2799	1219	34	short	short	ADJ
taxlaw-2799	1219	35	-	-	PUNCT
taxlaw-2799	1219	36	term	term	NOUN
taxlaw-2799	1219	37	.	.	PUNCT
taxlaw-2799	1220	1	when	when	SCONJ
taxlaw-2799	1220	2	dealer	dealer	NOUN
taxlaw-2799	1220	3	securities	security	NOUN
taxlaw-2799	1220	4	futures	future	NOUN
taxlaw-2799	1220	5	contracts	contract	NOUN
taxlaw-2799	1220	6	became	become	VERB
taxlaw-2799	1220	7	section	section	NOUN
taxlaw-2799	1220	8	1256	1256	NUM
taxlaw-2799	1220	9	contracts	contract	NOUN
taxlaw-2799	1220	10	,	,	PUNCT
taxlaw-2799	1220	11	§	§	PROPN
taxlaw-2799	1220	12	1256(f)(4	1256(f)(4	NUM
taxlaw-2799	1220	13	)	)	PUNCT
taxlaw-2799	1220	14	was	be	AUX
taxlaw-2799	1220	15	amended	amend	VERB
taxlaw-2799	1220	16	to	to	PART
taxlaw-2799	1220	17	apply	apply	VERB
taxlaw-2799	1220	18	to	to	ADP
taxlaw-2799	1220	19	them	they	PRON
taxlaw-2799	1220	20	as	as	ADV
taxlaw-2799	1220	21	well	well	ADV
taxlaw-2799	1220	22	.	.	PUNCT
taxlaw-2799	1221	1	a	a	DET
taxlaw-2799	1221	2	natural	natural	ADJ
taxlaw-2799	1221	3	conclusion	conclusion	NOUN
taxlaw-2799	1221	4	is	be	AUX
taxlaw-2799	1221	5	that	that	SCONJ
taxlaw-2799	1221	6	,	,	PUNCT
taxlaw-2799	1221	7	absent	absent	ADJ
taxlaw-2799	1221	8	similar	similar	ADJ
taxlaw-2799	1221	9	legislative	legislative	ADJ
taxlaw-2799	1221	10	action	action	NOUN
taxlaw-2799	1221	11	,	,	PUNCT
taxlaw-2799	1221	12	traders	trader	NOUN
taxlaw-2799	1221	13	in	in	ADP
taxlaw-2799	1221	14	swaps	swap	NOUN
taxlaw-2799	1221	15	treated	treat	VERB
taxlaw-2799	1221	16	as	as	ADP
taxlaw-2799	1221	17	section	section	NOUN
taxlaw-2799	1221	18	1256	1256	NUM
taxlaw-2799	1221	19	contracts	contract	NOUN
taxlaw-2799	1221	20	will	will	AUX
taxlaw-2799	1221	21	be	be	AUX
taxlaw-2799	1221	22	able	able	ADJ
taxlaw-2799	1221	23	to	to	PART
taxlaw-2799	1221	24	use	use	VERB
taxlaw-2799	1221	25	partnerships	partnership	NOUN
taxlaw-2799	1221	26	in	in	ADP
taxlaw-2799	1221	27	order	order	NOUN
taxlaw-2799	1221	28	to	to	PART
taxlaw-2799	1221	29	allow	allow	VERB
taxlaw-2799	1221	30	investors	investor	NOUN
taxlaw-2799	1221	31	to	to	PART
taxlaw-2799	1221	32	share	share	VERB
taxlaw-2799	1221	33	in	in	ADP
taxlaw-2799	1221	34	long	long	ADJ
taxlaw-2799	1221	35	-	-	PUNCT
taxlaw-2799	1221	36	term	term	NOUN
taxlaw-2799	1221	37	capital	capital	NOUN
taxlaw-2799	1221	38	gains	gain	NOUN
taxlaw-2799	1221	39	generated	generate	VERB
taxlaw-2799	1221	40	from	from	ADP
taxlaw-2799	1221	41	a	a	DET
taxlaw-2799	1221	42	trading	trading	NOUN
taxlaw-2799	1221	43	or	or	CCONJ
taxlaw-2799	1221	44	dealing	deal	VERB
taxlaw-2799	1221	45	business	business	NOUN
taxlaw-2799	1221	46	.	.	PUNCT
taxlaw-2799	1222	1	some	some	DET
taxlaw-2799	1222	2	hedge	hedge	NOUN
taxlaw-2799	1222	3	funds	fund	NOUN
taxlaw-2799	1222	4	might	might	AUX
taxlaw-2799	1222	5	find	find	VERB
taxlaw-2799	1222	6	such	such	DET
taxlaw-2799	1222	7	an	an	DET
taxlaw-2799	1222	8	opportunity	opportunity	NOUN
taxlaw-2799	1222	9	attractive	attractive	ADJ
taxlaw-2799	1222	10	.	.	PUNCT
taxlaw-2799	1223	1	mutual	mutual	ADJ
taxlaw-2799	1223	2	funds	fund	NOUN
taxlaw-2799	1223	3	might	might	AUX
taxlaw-2799	1223	4	also	also	ADV
taxlaw-2799	1223	5	welcome	welcome	VERB
taxlaw-2799	1223	6	the	the	DET
taxlaw-2799	1223	7	opportunity	opportunity	NOUN
taxlaw-2799	1223	8	to	to	PART
taxlaw-2799	1223	9	derive	derive	VERB
taxlaw-2799	1223	10	additional	additional	ADJ
taxlaw-2799	1223	11	long	long	ADJ
taxlaw-2799	1223	12	-	-	PUNCT
taxlaw-2799	1223	13	term	term	NOUN
taxlaw-2799	1223	14	capital	capital	NOUN
taxlaw-2799	1223	15	gain	gain	NOUN
taxlaw-2799	1223	16	,	,	PUNCT
taxlaw-2799	1223	17	although	although	SCONJ
taxlaw-2799	1223	18	absent	absent	ADJ
taxlaw-2799	1223	19	certainty	certainty	NOUN
taxlaw-2799	1223	20	about	about	ADP
taxlaw-2799	1223	21	whether	whether	SCONJ
taxlaw-2799	1223	22	§	§	PROPN
taxlaw-2799	1223	23	1256	1256	NUM
taxlaw-2799	1223	24	does	do	AUX
taxlaw-2799	1223	25	or	or	CCONJ
taxlaw-2799	1223	26	does	do	AUX
taxlaw-2799	1223	27	not	not	PART
taxlaw-2799	1223	28	apply	apply	VERB
taxlaw-2799	1223	29	,	,	PUNCT
taxlaw-2799	1223	30	mutual	mutual	ADJ
taxlaw-2799	1223	31	funds	fund	NOUN
taxlaw-2799	1223	32	might	might	AUX
taxlaw-2799	1223	33	be	be	AUX
taxlaw-2799	1223	34	more	more	ADV
taxlaw-2799	1223	35	concerned	concerned	ADJ
taxlaw-2799	1223	36	about	about	ADP
taxlaw-2799	1223	37	the	the	DET
taxlaw-2799	1223	38	lack	lack	NOUN
taxlaw-2799	1223	39	of	of	ADP
taxlaw-2799	1223	40	certainty	certainty	NOUN
taxlaw-2799	1223	41	about	about	ADP
taxlaw-2799	1223	42	the	the	DET
taxlaw-2799	1223	43	timing	timing	NOUN
taxlaw-2799	1223	44	of	of	ADP
taxlaw-2799	1223	45	income	income	NOUN
taxlaw-2799	1223	46	than	than	SCONJ
taxlaw-2799	1223	47	attracted	attract	VERB
taxlaw-2799	1223	48	to	to	ADP
taxlaw-2799	1223	49	the	the	DET
taxlaw-2799	1223	50	potential	potential	NOUN
taxlaw-2799	1223	51	for	for	ADP
taxlaw-2799	1223	52	long	long	ADJ
taxlaw-2799	1223	53	-	-	PUNCT
taxlaw-2799	1223	54	term	term	NOUN
taxlaw-2799	1223	55	capital	capital	NOUN
taxlaw-2799	1223	56	gain	gain	NOUN
taxlaw-2799	1223	57	.	.	PUNCT
taxlaw-2799	1224	1	and	and	CCONJ
taxlaw-2799	1224	2	query	query	VERB
taxlaw-2799	1224	3	whether	whether	SCONJ
taxlaw-2799	1224	4	taxpayers	taxpayer	NOUN
taxlaw-2799	1224	5	’	'	PUNCT
taxlaw-2799	1224	6	annual	annual	ADJ
taxlaw-2799	1224	7	year	year	NOUN
taxlaw-2799	1224	8	-	-	PUNCT
taxlaw-2799	1224	9	end	end	NOUN
taxlaw-2799	1224	10	quest	quest	NOUN
taxlaw-2799	1224	11	to	to	PART
taxlaw-2799	1224	12	accelerate	accelerate	VERB
taxlaw-2799	1224	13	capital	capital	NOUN
taxlaw-2799	1224	14	losses	loss	NOUN
taxlaw-2799	1224	15	to	to	PART
taxlaw-2799	1224	16	offset	offset	VERB
taxlaw-2799	1224	17	realized	realize	VERB
taxlaw-2799	1224	18	capital	capital	NOUN
taxlaw-2799	1224	19	gains	gain	NOUN
taxlaw-2799	1224	20	,	,	PUNCT
taxlaw-2799	1224	21	or	or	CCONJ
taxlaw-2799	1224	22	,	,	PUNCT
taxlaw-2799	1224	23	after	after	ADP
taxlaw-2799	1224	24	a	a	DET
taxlaw-2799	1224	25	down	down	ADJ
taxlaw-2799	1224	26	market	market	NOUN
taxlaw-2799	1224	27	,	,	PUNCT
taxlaw-2799	1224	28	the	the	DET
taxlaw-2799	1224	29	search	search	NOUN
taxlaw-2799	1224	30	for	for	ADP
taxlaw-2799	1224	31	capital	capital	NOUN
taxlaw-2799	1224	32	gains	gain	NOUN
taxlaw-2799	1224	33	to	to	PART
taxlaw-2799	1224	34	offset	offset	VERB
taxlaw-2799	1224	35	expiring	expire	VERB
taxlaw-2799	1224	36	capital	capital	NOUN
taxlaw-2799	1224	37	losses	loss	NOUN
taxlaw-2799	1224	38	,	,	PUNCT
taxlaw-2799	1224	39	might	might	AUX
taxlaw-2799	1224	40	be	be	AUX
taxlaw-2799	1224	41	facilitated	facilitate	VERB
taxlaw-2799	1224	42	by	by	ADP
taxlaw-2799	1224	43	the	the	DET
taxlaw-2799	1224	44	existence	existence	NOUN
taxlaw-2799	1224	45	of	of	ADP
taxlaw-2799	1224	46	similar	similar	ADJ
taxlaw-2799	1224	47	swaps	swap	NOUN
taxlaw-2799	1224	48	,	,	PUNCT
taxlaw-2799	1224	49	some	some	PRON
taxlaw-2799	1224	50	of	of	ADP
taxlaw-2799	1224	51	which	which	PRON
taxlaw-2799	1224	52	are	be	AUX
taxlaw-2799	1224	53	section	section	NOUN
taxlaw-2799	1224	54	1256	1256	NUM
taxlaw-2799	1224	55	contracts	contract	NOUN
taxlaw-2799	1224	56	and	and	CCONJ
taxlaw-2799	1224	57	some	some	PRON
taxlaw-2799	1224	58	of	of	ADP
taxlaw-2799	1224	59	which	which	PRON
taxlaw-2799	1224	60	are	be	AUX
taxlaw-2799	1224	61	not	not	PART
taxlaw-2799	1224	62	.	.	PUNCT
taxlaw-2799	1225	1	interestingly	interestingly	ADV
taxlaw-2799	1225	2	,	,	PUNCT
taxlaw-2799	1225	3	it	it	PRON
taxlaw-2799	1225	4	appears	appear	VERB
taxlaw-2799	1225	5	that	that	SCONJ
taxlaw-2799	1225	6	the	the	DET
taxlaw-2799	1225	7	congressional	congressional	ADJ
taxlaw-2799	1225	8	budget	budget	NOUN
taxlaw-2799	1225	9	office	office	NOUN
taxlaw-2799	1225	10	and	and	CCONJ
taxlaw-2799	1225	11	joint	joint	ADJ
taxlaw-2799	1225	12	committee	committee	NOUN
taxlaw-2799	1225	13	on	on	ADP
taxlaw-2799	1225	14	taxation	taxation	NOUN
taxlaw-2799	1225	15	were	be	AUX
taxlaw-2799	1225	16	of	of	ADP
taxlaw-2799	1225	17	the	the	DET
taxlaw-2799	1225	18	view	view	NOUN
taxlaw-2799	1225	19	that	that	SCONJ
taxlaw-2799	1225	20	the	the	DET
taxlaw-2799	1225	21	fisc	fisc	NOUN
taxlaw-2799	1225	22	had	have	AUX
taxlaw-2799	1225	23	more	more	ADJ
taxlaw-2799	1225	24	to	to	PART
taxlaw-2799	1225	25	lose	lose	VERB
taxlaw-2799	1225	26	than	than	SCONJ
taxlaw-2799	1225	27	to	to	PART
taxlaw-2799	1225	28	gain	gain	VERB
taxlaw-2799	1225	29	from	from	ADP
taxlaw-2799	1225	30	§	§	PROPN
taxlaw-2799	1225	31	1256	1256	NUM
taxlaw-2799	1225	32	treatment	treatment	NOUN
taxlaw-2799	1225	33	of	of	ADP
taxlaw-2799	1225	34	cleared	clear	VERB
taxlaw-2799	1225	35	and	and	CCONJ
taxlaw-2799	1225	36	exchange	exchange	NOUN
taxlaw-2799	1225	37	-	-	PUNCT
taxlaw-2799	1225	38	traded	trade	VERB
taxlaw-2799	1225	39	swaps	swap	NOUN
taxlaw-2799	1225	40	,	,	PUNCT
taxlaw-2799	1225	41	possibly	possibly	ADV
taxlaw-2799	1225	42	on	on	ADP
taxlaw-2799	1225	43	the	the	DET
taxlaw-2799	1225	44	theory	theory	NOUN
taxlaw-2799	1225	45	that	that	SCONJ
taxlaw-2799	1225	46	if	if	SCONJ
taxlaw-2799	1225	47	there	there	PRON
taxlaw-2799	1225	48	is	be	VERB
taxlaw-2799	1225	49	uncertainty	uncertainty	NOUN
taxlaw-2799	1225	50	about	about	ADP
taxlaw-2799	1225	51	whether	whether	SCONJ
taxlaw-2799	1225	52	§	§	PROPN
taxlaw-2799	1225	53	1256	1256	NUM
taxlaw-2799	1225	54	applies	applie	NOUN
taxlaw-2799	1225	55	,	,	PUNCT
taxlaw-2799	1225	56	taxpayers	taxpayer	NOUN
taxlaw-2799	1225	57	will	will	AUX
taxlaw-2799	1225	58	use	use	VERB
taxlaw-2799	1225	59	that	that	DET
taxlaw-2799	1225	60	uncertainty	uncertainty	NOUN
taxlaw-2799	1225	61	to	to	ADP
taxlaw-2799	1225	62	their	their	PRON
taxlaw-2799	1225	63	advantage.105	advantage.105	NOUN
taxlaw-2799	1225	64	presumably	presumably	ADV
taxlaw-2799	1225	65	,	,	PUNCT
taxlaw-2799	1225	66	the	the	DET
taxlaw-2799	1225	67	dodd	dodd	PROPN
taxlaw-2799	1225	68	-	-	PUNCT
taxlaw-2799	1225	69	frank	frank	PROPN
taxlaw-2799	1225	70	amendment	amendment	NOUN
taxlaw-2799	1225	71	to	to	ADP
taxlaw-2799	1225	72	§	§	PROPN
taxlaw-2799	1225	73	1256	1256	NUM
taxlaw-2799	1225	74	was	be	AUX
taxlaw-2799	1225	75	intended	intend	VERB
taxlaw-2799	1225	76	to	to	PART
taxlaw-2799	1225	77	eliminate	eliminate	VERB
taxlaw-2799	1225	78	that	that	DET
taxlaw-2799	1225	79	uncertainty	uncertainty	NOUN
taxlaw-2799	1225	80	and	and	CCONJ
taxlaw-2799	1225	81	the	the	DET
taxlaw-2799	1225	82	corresponding	corresponding	ADJ
taxlaw-2799	1225	83	revenue	revenue	NOUN
taxlaw-2799	1225	84	loss	loss	NOUN
taxlaw-2799	1225	85	.	.	PUNCT
taxlaw-2799	1226	1	and	and	CCONJ
taxlaw-2799	1226	2	it	it	PRON
taxlaw-2799	1226	3	is	be	AUX
taxlaw-2799	1226	4	certainly	certainly	ADV
taxlaw-2799	1226	5	the	the	DET
taxlaw-2799	1226	6	case	case	NOUN
taxlaw-2799	1226	7	that	that	SCONJ
taxlaw-2799	1226	8	the	the	DET
taxlaw-2799	1226	9	amendment	amendment	NOUN
taxlaw-2799	1226	10	makes	make	VERB
taxlaw-2799	1226	11	clear	clear	ADJ
taxlaw-2799	1226	12	that	that	SCONJ
taxlaw-2799	1226	13	large	large	ADJ
taxlaw-2799	1226	14	portions	portion	NOUN
taxlaw-2799	1226	15	of	of	ADP
taxlaw-2799	1226	16	the	the	DET
taxlaw-2799	1226	17	derivatives	derivative	NOUN
taxlaw-2799	1226	18	market	market	NOUN
taxlaw-2799	1226	19	will	will	AUX
taxlaw-2799	1226	20	not	not	PART
taxlaw-2799	1226	21	be	be	AUX
taxlaw-2799	1226	22	subject	subject	ADJ
taxlaw-2799	1226	23	to	to	ADP
taxlaw-2799	1226	24	§	§	PROPN
taxlaw-2799	1226	25	1256	1256	NUM
taxlaw-2799	1226	26	.	.	PUNCT
taxlaw-2799	1227	1	it	it	PRON
taxlaw-2799	1227	2	is	be	AUX
taxlaw-2799	1227	3	unclear	unclear	ADJ
taxlaw-2799	1227	4	how	how	SCONJ
taxlaw-2799	1227	5	large	large	ADJ
taxlaw-2799	1227	6	the	the	DET
taxlaw-2799	1227	7	remaining	remain	VERB
taxlaw-2799	1227	8	part	part	NOUN
taxlaw-2799	1227	9	of	of	ADP
taxlaw-2799	1227	10	the	the	DET
taxlaw-2799	1227	11	market	market	NOUN
taxlaw-2799	1227	12	is	be	AUX
taxlaw-2799	1227	13	,	,	PUNCT
taxlaw-2799	1227	14	or	or	CCONJ
taxlaw-2799	1227	15	how	how	SCONJ
taxlaw-2799	1227	16	the	the	DET
taxlaw-2799	1227	17	market	market	NOUN
taxlaw-2799	1227	18	will	will	AUX
taxlaw-2799	1227	19	develop	develop	VERB
taxlaw-2799	1227	20	in	in	ADP
taxlaw-2799	1227	21	the	the	DET
taxlaw-2799	1227	22	future	future	NOUN
taxlaw-2799	1227	23	.	.	PUNCT
taxlaw-2799	1228	1	accordingly	accordingly	ADV
taxlaw-2799	1228	2	,	,	PUNCT
taxlaw-2799	1228	3	section	section	NOUN
taxlaw-2799	1228	4	iii.b	iii.b	PROPN
taxlaw-2799	1228	5	.	.	PUNCT
taxlaw-2799	1229	1	next	next	ADJ
taxlaw-2799	1229	2	reviews	review	VERB
taxlaw-2799	1229	3	the	the	DET
taxlaw-2799	1229	4	history	history	NOUN
taxlaw-2799	1229	5	of	of	ADP
taxlaw-2799	1229	6	§	§	PROPN
taxlaw-2799	1229	7	1256	1256	NUM
taxlaw-2799	1229	8	,	,	PUNCT
taxlaw-2799	1229	9	with	with	ADP
taxlaw-2799	1229	10	a	a	DET
taxlaw-2799	1229	11	view	view	NOUN
taxlaw-2799	1229	12	to	to	ADP
taxlaw-2799	1229	13	persuading	persuade	VERB
taxlaw-2799	1229	14	the	the	DET
taxlaw-2799	1229	15	reader	reader	NOUN
taxlaw-2799	1229	16	that	that	SCONJ
taxlaw-2799	1229	17	uncertainty	uncertainty	NOUN
taxlaw-2799	1229	18	of	of	ADP
taxlaw-2799	1229	19	this	this	DET
taxlaw-2799	1229	20	kind	kind	NOUN
taxlaw-2799	1229	21	has	have	AUX
taxlaw-2799	1229	22	historically	historically	ADV
taxlaw-2799	1229	23	been	be	AUX
taxlaw-2799	1229	24	resolved	resolve	VERB
taxlaw-2799	1229	25	by	by	ADP
taxlaw-2799	1229	26	construing	construe	VERB
taxlaw-2799	1229	27	§	§	PROPN
taxlaw-2799	1229	28	1256	1256	NUM
taxlaw-2799	1229	29	narrowly	narrowly	ADV
taxlaw-2799	1229	30	.	.	PUNCT
taxlaw-2799	1229	31	section	section	PROPN
taxlaw-2799	1229	32	iii.c	iii.c	PROPN
taxlaw-2799	1229	33	.	.	PUNCT
taxlaw-2799	1229	34	will	will	AUX
taxlaw-2799	1229	35	then	then	ADV
taxlaw-2799	1229	36	argue	argue	VERB
taxlaw-2799	1229	37	that	that	SCONJ
taxlaw-2799	1229	38	a	a	DET
taxlaw-2799	1229	39	similar	similar	ADJ
taxlaw-2799	1229	40	approach	approach	NOUN
taxlaw-2799	1229	41	is	be	AUX
taxlaw-2799	1229	42	appropriate	appropriate	ADJ
taxlaw-2799	1229	43	today	today	NOUN
taxlaw-2799	1229	44	.	.	PUNCT
taxlaw-2799	1230	1	b.	b.	PROPN
taxlaw-2799	1231	1	a	a	DET
taxlaw-2799	1231	2	discourse	discourse	NOUN
taxlaw-2799	1231	3	on	on	ADP
taxlaw-2799	1231	4	the	the	DET
taxlaw-2799	1231	5	history	history	NOUN
taxlaw-2799	1231	6	of	of	ADP
taxlaw-2799	1231	7	section	section	NOUN
taxlaw-2799	1231	8	1256	1256	NUM
taxlaw-2799	1231	9	.	.	PUNCT
taxlaw-2799	1232	1	the	the	DET
taxlaw-2799	1232	2	need	need	NOUN
taxlaw-2799	1232	3	to	to	PART
taxlaw-2799	1232	4	look	look	VERB
taxlaw-2799	1232	5	to	to	ADP
taxlaw-2799	1232	6	the	the	DET
taxlaw-2799	1232	7	history	history	NOUN
taxlaw-2799	1232	8	of	of	ADP
taxlaw-2799	1232	9	§	§	PROPN
taxlaw-2799	1232	10	1256	1256	NUM
taxlaw-2799	1232	11	becomes	become	VERB
taxlaw-2799	1232	12	evident	evident	ADJ
taxlaw-2799	1232	13	if	if	SCONJ
taxlaw-2799	1232	14	one	one	PRON
taxlaw-2799	1232	15	tries	try	VERB
taxlaw-2799	1232	16	to	to	PART
taxlaw-2799	1232	17	determine	determine	VERB
taxlaw-2799	1232	18	how	how	SCONJ
taxlaw-2799	1232	19	§	§	PROPN
taxlaw-2799	1232	20	1256	1256	NUM
taxlaw-2799	1232	21	applies	apply	VERB
taxlaw-2799	1232	22	to	to	ADP
taxlaw-2799	1232	23	derivatives	derivative	NOUN
taxlaw-2799	1232	24	currently	currently	ADV
taxlaw-2799	1232	25	in	in	ADP
taxlaw-2799	1232	26	the	the	DET
taxlaw-2799	1232	27	market	market	NOUN
taxlaw-2799	1232	28	that	that	PRON
taxlaw-2799	1232	29	are	be	AUX
taxlaw-2799	1232	30	not	not	PART
taxlaw-2799	1232	31	traditional	traditional	ADJ
taxlaw-2799	1232	32	exchange	exchange	NOUN
taxlaw-2799	1232	33	-	-	PUNCT
taxlaw-2799	1232	34	traded	trade	VERB
taxlaw-2799	1232	35	contracts	contract	NOUN
taxlaw-2799	1232	36	but	but	CCONJ
taxlaw-2799	1232	37	have	have	VERB
taxlaw-2799	1232	38	some	some	DET
taxlaw-2799	1232	39	link	link	NOUN
taxlaw-2799	1232	40	to	to	ADP
taxlaw-2799	1232	41	an	an	DET
taxlaw-2799	1232	42	exchange	exchange	NOUN
taxlaw-2799	1232	43	or	or	CCONJ
taxlaw-2799	1232	44	clearinghouse	clearinghouse	NOUN
taxlaw-2799	1232	45	.	.	PUNCT
taxlaw-2799	1233	1	since	since	SCONJ
taxlaw-2799	1233	2	the	the	DET
taxlaw-2799	1233	3	dodd	dodd	PROPN
taxlaw-2799	1233	4	-	-	PUNCT
taxlaw-2799	1233	5	frank	frank	PROPN
taxlaw-2799	1233	6	amendment	amendment	NOUN
taxlaw-2799	1233	7	to	to	ADP
taxlaw-2799	1233	8	§	§	PROPN
taxlaw-2799	1233	9	1256	1256	NUM
taxlaw-2799	1233	10	will	will	AUX
taxlaw-2799	1233	11	take	take	VERB
taxlaw-2799	1233	12	effect	effect	NOUN
taxlaw-2799	1233	13	for	for	ADP
taxlaw-2799	1233	14	taxable	taxable	ADJ
taxlaw-2799	1233	15	years	year	NOUN
taxlaw-2799	1233	16	after	after	ADP
taxlaw-2799	1233	17	the	the	DET
taxlaw-2799	1233	18	year	year	NOUN
taxlaw-2799	1233	19	of	of	ADP
taxlaw-2799	1233	20	enactment	enactment	NOUN
taxlaw-2799	1233	21	,	,	PUNCT
taxlaw-2799	1233	22	meaning	mean	VERB
taxlaw-2799	1233	23	in	in	ADP
taxlaw-2799	1233	24	105	105	NUM
taxlaw-2799	1233	25	see	see	NOUN
taxlaw-2799	1233	26	letter	letter	NOUN
taxlaw-2799	1233	27	from	from	ADP
taxlaw-2799	1233	28	congressional	congressional	ADJ
taxlaw-2799	1233	29	budget	budget	NOUN
taxlaw-2799	1233	30	office	office	NOUN
taxlaw-2799	1233	31	to	to	ADP
taxlaw-2799	1233	32	senator	senator	PROPN
taxlaw-2799	1233	33	christopher	christopher	PROPN
taxlaw-2799	1233	34	dodd	dodd	PROPN
taxlaw-2799	1233	35	(	(	PUNCT
taxlaw-2799	1233	36	may	may	PROPN
taxlaw-2799	1233	37	3	3	NUM
taxlaw-2799	1233	38	,	,	PUNCT
taxlaw-2799	1233	39	2010	2010	NUM
taxlaw-2799	1233	40	)	)	PUNCT
taxlaw-2799	1233	41	,	,	PUNCT
taxlaw-2799	1233	42	available	available	ADJ
taxlaw-2799	1233	43	at	at	ADP
taxlaw-2799	1233	44	http://www.cbo.gov/ftpdocs/114xx/doc11476/s3217amendmt.pdf	http://www.cbo.gov/ftpdocs/114xx/doc11476/s3217amendmt.pdf	NOUN
taxlaw-2799	1233	45	(	(	PUNCT
taxlaw-2799	1233	46	analyzing	analyze	VERB
taxlaw-2799	1233	47	effects	effect	NOUN
taxlaw-2799	1233	48	on	on	ADP
taxlaw-2799	1233	49	direct	direct	ADJ
taxlaw-2799	1233	50	spending	spending	NOUN
taxlaw-2799	1233	51	and	and	CCONJ
taxlaw-2799	1233	52	revenues	revenue	NOUN
taxlaw-2799	1233	53	of	of	ADP
taxlaw-2799	1233	54	the	the	DET
taxlaw-2799	1233	55	dodd	dodd	PROPN
taxlaw-2799	1233	56	-	-	PUNCT
taxlaw-2799	1233	57	lincoln	lincoln	PROPN
taxlaw-2799	1233	58	substitute	substitute	NOUN
taxlaw-2799	1233	59	bill	bill	NOUN
taxlaw-2799	1233	60	,	,	PUNCT
taxlaw-2799	1233	61	projecting	project	VERB
taxlaw-2799	1233	62	an	an	DET
taxlaw-2799	1233	63	estimated	estimate	VERB
taxlaw-2799	1233	64	revenue	revenue	NOUN
taxlaw-2799	1233	65	loss	loss	NOUN
taxlaw-2799	1233	66	of	of	ADP
taxlaw-2799	1233	67	over	over	ADP
taxlaw-2799	1233	68	$	$	SYM
taxlaw-2799	1233	69	1	1	NUM
taxlaw-2799	1233	70	billion	billion	NUM
taxlaw-2799	1233	71	from	from	ADP
taxlaw-2799	1233	72	the	the	DET
taxlaw-2799	1233	73	possible	possible	ADJ
taxlaw-2799	1233	74	§	§	PROPN
taxlaw-2799	1233	75	1256	1256	NUM
taxlaw-2799	1233	76	treatment	treatment	NOUN
taxlaw-2799	1233	77	of	of	ADP
taxlaw-2799	1233	78	derivative	derivative	ADJ
taxlaw-2799	1233	79	financial	financial	ADJ
taxlaw-2799	1233	80	instruments	instrument	NOUN
taxlaw-2799	1233	81	required	require	VERB
taxlaw-2799	1233	82	to	to	PART
taxlaw-2799	1233	83	be	be	AUX
taxlaw-2799	1233	84	cleared	clear	VERB
taxlaw-2799	1233	85	and	and	CCONJ
taxlaw-2799	1233	86	traded	trade	VERB
taxlaw-2799	1233	87	as	as	SCONJ
taxlaw-2799	1233	88	provided	provide	VERB
taxlaw-2799	1233	89	in	in	ADP
taxlaw-2799	1233	90	the	the	DET
taxlaw-2799	1233	91	bill	bill	NOUN
taxlaw-2799	1233	92	,	,	PUNCT
taxlaw-2799	1233	93	and	and	CCONJ
taxlaw-2799	1233	94	noting	note	VERB
taxlaw-2799	1233	95	“	"	PUNCT
taxlaw-2799	1233	96	considerable	considerable	ADJ
taxlaw-2799	1233	97	uncertainty	uncertainty	NOUN
taxlaw-2799	1233	98	”	"	PUNCT
taxlaw-2799	1233	99	as	as	ADP
taxlaw-2799	1233	100	to	to	ADP
taxlaw-2799	1233	101	the	the	DET
taxlaw-2799	1233	102	size	size	NOUN
taxlaw-2799	1233	103	of	of	ADP
taxlaw-2799	1233	104	the	the	DET
taxlaw-2799	1233	105	expected	expect	VERB
taxlaw-2799	1233	106	revenue	revenue	NOUN
taxlaw-2799	1233	107	losses	loss	NOUN
taxlaw-2799	1233	108	)	)	PUNCT
taxlaw-2799	1233	109	;	;	PUNCT
taxlaw-2799	1233	110	see	see	VERB
taxlaw-2799	1233	111	also	also	ADV
taxlaw-2799	1233	112	congressional	congressional	ADJ
taxlaw-2799	1233	113	budget	budget	NOUN
taxlaw-2799	1233	114	office	office	NOUN
taxlaw-2799	1233	115	,	,	PUNCT
taxlaw-2799	1233	116	cost	cost	NOUN
taxlaw-2799	1233	117	estimate	estimate	NOUN
taxlaw-2799	1233	118	,	,	PUNCT
taxlaw-2799	1233	119	h.r	h.r	PROPN
taxlaw-2799	1233	120	.	.	PROPN
taxlaw-2799	1233	121	4173	4173	NUM
taxlaw-2799	1233	122	,	,	PUNCT
taxlaw-2799	1233	123	restoring	restore	VERB
taxlaw-2799	1233	124	american	american	ADJ
taxlaw-2799	1233	125	financial	financial	ADJ
taxlaw-2799	1233	126	stability	stability	PROPN
taxlaw-2799	1233	127	act	act	NOUN
taxlaw-2799	1233	128	of	of	ADP
taxlaw-2799	1233	129	2010	2010	NUM
taxlaw-2799	1233	130	,	,	PUNCT
taxlaw-2799	1233	131	at	at	ADP
taxlaw-2799	1233	132	7	7	NUM
taxlaw-2799	1233	133	(	(	PUNCT
taxlaw-2799	1233	134	june	june	PROPN
taxlaw-2799	1233	135	9	9	NUM
taxlaw-2799	1233	136	,	,	PUNCT
taxlaw-2799	1233	137	2010	2010	NUM
taxlaw-2799	1233	138	)	)	PUNCT
taxlaw-2799	1233	139	,	,	PUNCT
taxlaw-2799	1233	140	available	available	ADJ
taxlaw-2799	1233	141	at	at	ADP
taxlaw-2799	1233	142	http://www.cbo.gov/ftpdocs/115xx/doc11560/hr4173senatepassed.pdf	http://www.cbo.gov/ftpdocs/115xx/doc11560/hr4173senatepassed.pdf	PROPN
taxlaw-2799	1233	143	(	(	PUNCT
taxlaw-2799	1233	144	same	same	ADJ
taxlaw-2799	1233	145	estimate	estimate	NOUN
taxlaw-2799	1233	146	)	)	PUNCT
taxlaw-2799	1233	147	.	.	PUNCT
taxlaw-2799	1234	1	60	60	NUM
taxlaw-2799	1234	2	columbia	columbia	PROPN
taxlaw-2799	1234	3	jour	jour	PROPN
taxlaw-2799	1234	4	al	al	PROPN
taxlaw-2799	1234	5	of	of	ADP
taxlaw-2799	1234	6	tax	tax	NOUN
taxlaw-2799	1234	7	law	law	NOUN
taxlaw-2799	1234	8	[	[	X
taxlaw-2799	1234	9	vol	vol	NOUN
taxlaw-2799	1234	10	.	.	PUNCT
taxlaw-2799	1234	11	2:1	2:1	NUM
taxlaw-2799	1234	12	2011	2011	NUM
taxlaw-2799	1234	13	for	for	ADP
taxlaw-2799	1234	14	most	most	ADJ
taxlaw-2799	1234	15	taxpayers	taxpayer	NOUN
taxlaw-2799	1234	16	,	,	PUNCT
taxlaw-2799	1234	17	and	and	CCONJ
taxlaw-2799	1234	18	since	since	SCONJ
taxlaw-2799	1234	19	its	its	PRON
taxlaw-2799	1234	20	scope	scope	NOUN
taxlaw-2799	1234	21	is	be	AUX
taxlaw-2799	1234	22	uncertain	uncertain	ADJ
taxlaw-2799	1234	23	,	,	PUNCT
taxlaw-2799	1234	24	being	be	AUX
taxlaw-2799	1234	25	able	able	ADJ
taxlaw-2799	1234	26	to	to	PART
taxlaw-2799	1234	27	ascertain	ascertain	VERB
taxlaw-2799	1234	28	whether	whether	SCONJ
taxlaw-2799	1234	29	§	§	PROPN
taxlaw-2799	1234	30	1256	1256	NUM
taxlaw-2799	1234	31	applies	apply	VERB
taxlaw-2799	1234	32	to	to	ADP
taxlaw-2799	1234	33	such	such	ADJ
taxlaw-2799	1234	34	derivatives	derivative	NOUN
taxlaw-2799	1234	35	remains	remain	VERB
taxlaw-2799	1234	36	important	important	ADJ
taxlaw-2799	1234	37	today	today	NOUN
taxlaw-2799	1234	38	and	and	CCONJ
taxlaw-2799	1234	39	will	will	AUX
taxlaw-2799	1234	40	have	have	VERB
taxlaw-2799	1234	41	some	some	DET
taxlaw-2799	1234	42	significance	significance	NOUN
taxlaw-2799	1234	43	in	in	ADP
taxlaw-2799	1234	44	the	the	DET
taxlaw-2799	1234	45	future	future	NOUN
taxlaw-2799	1234	46	.	.	PUNCT
taxlaw-2799	1235	1	this	this	DET
taxlaw-2799	1235	2	section	section	NOUN
taxlaw-2799	1235	3	iii.b	iii.b	PRON
taxlaw-2799	1235	4	therefore	therefore	ADV
taxlaw-2799	1235	5	begins	begin	VERB
taxlaw-2799	1235	6	by	by	ADP
taxlaw-2799	1235	7	ignoring	ignore	VERB
taxlaw-2799	1235	8	the	the	DET
taxlaw-2799	1235	9	dodd	dodd	PROPN
taxlaw-2799	1235	10	-	-	PUNCT
taxlaw-2799	1235	11	frank	frank	PROPN
taxlaw-2799	1235	12	amendment	amendment	NOUN
taxlaw-2799	1235	13	and	and	CCONJ
taxlaw-2799	1235	14	attempting	attempt	VERB
taxlaw-2799	1235	15	to	to	PART
taxlaw-2799	1235	16	determine	determine	VERB
taxlaw-2799	1235	17	whether	whether	SCONJ
taxlaw-2799	1235	18	§	§	PROPN
taxlaw-2799	1235	19	1256	1256	NUM
taxlaw-2799	1235	20	applies	apply	VERB
taxlaw-2799	1235	21	to	to	ADP
taxlaw-2799	1235	22	such	such	ADJ
taxlaw-2799	1235	23	derivatives	derivative	NOUN
taxlaw-2799	1235	24	,	,	PUNCT
taxlaw-2799	1235	25	and	and	CCONJ
taxlaw-2799	1235	26	in	in	ADP
taxlaw-2799	1235	27	particular	particular	ADJ
taxlaw-2799	1235	28	whether	whether	SCONJ
taxlaw-2799	1235	29	any	any	PRON
taxlaw-2799	1235	30	of	of	ADP
taxlaw-2799	1235	31	them	they	PRON
taxlaw-2799	1235	32	might	might	AUX
taxlaw-2799	1235	33	constitute	constitute	VERB
taxlaw-2799	1235	34	a	a	DET
taxlaw-2799	1235	35	“	"	PUNCT
taxlaw-2799	1235	36	regulated	regulated	ADJ
taxlaw-2799	1235	37	futures	future	NOUN
taxlaw-2799	1235	38	contract	contract	NOUN
taxlaw-2799	1235	39	.	.	PUNCT
taxlaw-2799	1235	40	”	"	PUNCT
taxlaw-2799	1236	1	1	1	X
taxlaw-2799	1236	2	.	.	X
taxlaw-2799	1236	3	construing	construe	VERB
taxlaw-2799	1236	4	“	"	PUNCT
taxlaw-2799	1236	5	regulated	regulated	ADJ
taxlaw-2799	1236	6	futures	future	NOUN
taxlaw-2799	1236	7	contract	contract	NOUN
taxlaw-2799	1236	8	”	"	PUNCT
taxlaw-2799	1236	9	.	.	PUNCT
taxlaw-2799	1237	1	an	an	DET
taxlaw-2799	1237	2	rfc	rfc	NOUN
taxlaw-2799	1237	3	is	be	AUX
taxlaw-2799	1237	4	defined	define	VERB
taxlaw-2799	1237	5	under	under	ADP
taxlaw-2799	1237	6	current	current	ADJ
taxlaw-2799	1237	7	law	law	NOUN
taxlaw-2799	1237	8	as	as	ADP
taxlaw-2799	1237	9	:	:	PUNCT
taxlaw-2799	1237	10	“	"	PUNCT
taxlaw-2799	1237	11	a	a	DET
taxlaw-2799	1237	12	contract	contract	NOUN
taxlaw-2799	1237	13	–	–	PUNCT
taxlaw-2799	1237	14	(	(	PUNCT
taxlaw-2799	1237	15	a	a	X
taxlaw-2799	1237	16	)	)	PUNCT
taxlaw-2799	1237	17	with	with	ADP
taxlaw-2799	1237	18	respect	respect	NOUN
taxlaw-2799	1237	19	to	to	ADP
taxlaw-2799	1237	20	which	which	PRON
taxlaw-2799	1237	21	the	the	DET
taxlaw-2799	1237	22	amount	amount	NOUN
taxlaw-2799	1237	23	required	require	VERB
taxlaw-2799	1237	24	to	to	PART
taxlaw-2799	1237	25	be	be	AUX
taxlaw-2799	1237	26	deposited	deposit	VERB
taxlaw-2799	1237	27	and	and	CCONJ
taxlaw-2799	1237	28	the	the	DET
taxlaw-2799	1237	29	amount	amount	NOUN
taxlaw-2799	1237	30	which	which	PRON
taxlaw-2799	1237	31	may	may	AUX
taxlaw-2799	1237	32	be	be	AUX
taxlaw-2799	1237	33	withdrawn	withdraw	VERB
taxlaw-2799	1237	34	depends	depend	VERB
taxlaw-2799	1237	35	on	on	ADP
taxlaw-2799	1237	36	a	a	DET
taxlaw-2799	1237	37	system	system	NOUN
taxlaw-2799	1237	38	of	of	ADP
taxlaw-2799	1237	39	marking	mark	VERB
taxlaw-2799	1237	40	to	to	ADP
taxlaw-2799	1237	41	market	market	NOUN
taxlaw-2799	1237	42	,	,	PUNCT
taxlaw-2799	1237	43	and	and	CCONJ
taxlaw-2799	1237	44	(	(	PUNCT
taxlaw-2799	1237	45	b	b	NOUN
taxlaw-2799	1237	46	)	)	PUNCT
taxlaw-2799	1237	47	which	which	PRON
taxlaw-2799	1237	48	is	be	AUX
taxlaw-2799	1237	49	traded	trade	VERB
taxlaw-2799	1237	50	on	on	ADP
taxlaw-2799	1237	51	or	or	CCONJ
taxlaw-2799	1237	52	subject	subject	VERB
taxlaw-2799	1237	53	to	to	ADP
taxlaw-2799	1237	54	the	the	DET
taxlaw-2799	1237	55	rules	rule	NOUN
taxlaw-2799	1237	56	of	of	ADP
taxlaw-2799	1237	57	a	a	DET
taxlaw-2799	1237	58	qualified	qualified	ADJ
taxlaw-2799	1237	59	board	board	NOUN
taxlaw-2799	1237	60	or	or	CCONJ
taxlaw-2799	1237	61	exchange	exchange	NOUN
taxlaw-2799	1237	62	.	.	PUNCT
taxlaw-2799	1238	1	”106	”106	PUNCT
taxlaw-2799	1238	2	a	a	DET
taxlaw-2799	1238	3	“	"	PUNCT
taxlaw-2799	1238	4	qualified	qualified	ADJ
taxlaw-2799	1238	5	board	board	NOUN
taxlaw-2799	1238	6	or	or	CCONJ
taxlaw-2799	1238	7	exchange	exchange	NOUN
taxlaw-2799	1238	8	”	"	PUNCT
taxlaw-2799	1238	9	is	be	AUX
taxlaw-2799	1238	10	defined	define	VERB
taxlaw-2799	1238	11	as	as	ADP
taxlaw-2799	1238	12	a	a	DET
taxlaw-2799	1238	13	national	national	ADJ
taxlaw-2799	1238	14	securities	security	NOUN
taxlaw-2799	1238	15	exchange	exchange	NOUN
taxlaw-2799	1238	16	registered	register	VERB
taxlaw-2799	1238	17	with	with	ADP
taxlaw-2799	1238	18	the	the	DET
taxlaw-2799	1238	19	sec	sec	PROPN
taxlaw-2799	1238	20	,	,	PUNCT
taxlaw-2799	1238	21	a	a	DET
taxlaw-2799	1238	22	domestic	domestic	ADJ
taxlaw-2799	1238	23	board	board	NOUN
taxlaw-2799	1238	24	of	of	ADP
taxlaw-2799	1238	25	trade	trade	NOUN
taxlaw-2799	1238	26	designated	designate	VERB
taxlaw-2799	1238	27	as	as	ADP
taxlaw-2799	1238	28	a	a	DET
taxlaw-2799	1238	29	contract	contract	NOUN
taxlaw-2799	1238	30	market	market	NOUN
taxlaw-2799	1238	31	by	by	ADP
taxlaw-2799	1238	32	the	the	DET
taxlaw-2799	1238	33	cftc	cftc	PROPN
taxlaw-2799	1238	34	,	,	PUNCT
taxlaw-2799	1238	35	or	or	CCONJ
taxlaw-2799	1238	36	any	any	DET
taxlaw-2799	1238	37	other	other	ADJ
taxlaw-2799	1238	38	exchange	exchange	NOUN
taxlaw-2799	1238	39	,	,	PUNCT
taxlaw-2799	1238	40	board	board	NOUN
taxlaw-2799	1238	41	of	of	ADP
taxlaw-2799	1238	42	trade	trade	NOUN
taxlaw-2799	1238	43	,	,	PUNCT
taxlaw-2799	1238	44	or	or	CCONJ
taxlaw-2799	1238	45	other	other	ADJ
taxlaw-2799	1238	46	market	market	NOUN
taxlaw-2799	1238	47	which	which	PRON
taxlaw-2799	1238	48	the	the	DET
taxlaw-2799	1238	49	secretary	secretary	NOUN
taxlaw-2799	1238	50	determines	determine	VERB
taxlaw-2799	1238	51	has	have	VERB
taxlaw-2799	1238	52	rules	rule	NOUN
taxlaw-2799	1238	53	adequate	adequate	ADJ
taxlaw-2799	1238	54	to	to	PART
taxlaw-2799	1238	55	carry	carry	VERB
taxlaw-2799	1238	56	out	out	ADP
taxlaw-2799	1238	57	the	the	DET
taxlaw-2799	1238	58	purposes	purpose	NOUN
taxlaw-2799	1238	59	of	of	ADP
taxlaw-2799	1238	60	§	§	PROPN
taxlaw-2799	1238	61	1256.107	1256.107	NUM
taxlaw-2799	1238	62	on	on	ADP
taxlaw-2799	1238	63	its	its	PRON
taxlaw-2799	1238	64	face	face	NOUN
taxlaw-2799	1238	65	,	,	PUNCT
taxlaw-2799	1238	66	this	this	DET
taxlaw-2799	1238	67	definition	definition	NOUN
taxlaw-2799	1238	68	is	be	AUX
taxlaw-2799	1238	69	very	very	ADV
taxlaw-2799	1238	70	broad	broad	ADJ
taxlaw-2799	1238	71	,	,	PUNCT
taxlaw-2799	1238	72	as	as	SCONJ
taxlaw-2799	1238	73	it	it	PRON
taxlaw-2799	1238	74	requires	require	VERB
taxlaw-2799	1238	75	only	only	ADV
taxlaw-2799	1238	76	that	that	SCONJ
taxlaw-2799	1238	77	“	"	PUNCT
taxlaw-2799	1238	78	a	a	DET
taxlaw-2799	1238	79	contract	contract	NOUN
taxlaw-2799	1238	80	”	"	PUNCT
taxlaw-2799	1238	81	be	be	AUX
taxlaw-2799	1238	82	traded	trade	VERB
taxlaw-2799	1238	83	on	on	ADP
taxlaw-2799	1238	84	a	a	DET
taxlaw-2799	1238	85	cftcor	cftcor	NOUN
taxlaw-2799	1238	86	sec	sec	PROPN
taxlaw-2799	1238	87	-	-	PUNCT
taxlaw-2799	1238	88	regulated	regulate	VERB
taxlaw-2799	1238	89	exchange	exchange	NOUN
taxlaw-2799	1238	90	and	and	CCONJ
taxlaw-2799	1238	91	be	be	AUX
taxlaw-2799	1238	92	subject	subject	ADJ
taxlaw-2799	1238	93	to	to	ADP
taxlaw-2799	1238	94	daily	daily	ADJ
taxlaw-2799	1238	95	variation	variation	NOUN
taxlaw-2799	1238	96	margin	margin	NOUN
taxlaw-2799	1238	97	requirements	requirement	NOUN
taxlaw-2799	1238	98	.	.	PUNCT
taxlaw-2799	1239	1	as	as	SCONJ
taxlaw-2799	1239	2	discussed	discuss	VERB
taxlaw-2799	1239	3	in	in	ADP
taxlaw-2799	1239	4	more	more	ADJ
taxlaw-2799	1239	5	detail	detail	NOUN
taxlaw-2799	1239	6	below	below	ADV
taxlaw-2799	1239	7	,	,	PUNCT
taxlaw-2799	1239	8	this	this	DET
taxlaw-2799	1239	9	very	very	ADJ
taxlaw-2799	1239	10	breadth	breadth	NOUN
taxlaw-2799	1239	11	has	have	AUX
taxlaw-2799	1239	12	raised	raise	VERB
taxlaw-2799	1239	13	questions	question	NOUN
taxlaw-2799	1239	14	in	in	ADP
taxlaw-2799	1239	15	the	the	DET
taxlaw-2799	1239	16	past	past	NOUN
taxlaw-2799	1239	17	as	as	ADP
taxlaw-2799	1239	18	to	to	ADP
taxlaw-2799	1239	19	whether	whether	SCONJ
taxlaw-2799	1239	20	non	non	ADJ
taxlaw-2799	1239	21	-	-	ADJ
taxlaw-2799	1239	22	futures	future	NOUN
taxlaw-2799	1239	23	contracts	contract	NOUN
taxlaw-2799	1239	24	,	,	PUNCT
taxlaw-2799	1239	25	in	in	ADP
taxlaw-2799	1239	26	particular	particular	ADJ
taxlaw-2799	1239	27	“	"	PUNCT
taxlaw-2799	1239	28	commodity	commodity	NOUN
taxlaw-2799	1239	29	options	option	NOUN
taxlaw-2799	1239	30	,	,	PUNCT
taxlaw-2799	1239	31	”	"	PUNCT
taxlaw-2799	1239	32	constitute	constitute	NOUN
taxlaw-2799	1239	33	rfcs	rfc	NOUN
taxlaw-2799	1239	34	.	.	PUNCT
taxlaw-2799	1240	1	the	the	DET
taxlaw-2799	1240	2	fact	fact	NOUN
taxlaw-2799	1240	3	that	that	SCONJ
taxlaw-2799	1240	4	congress	congress	PROPN
taxlaw-2799	1240	5	resolved	resolve	VERB
taxlaw-2799	1240	6	that	that	DET
taxlaw-2799	1240	7	issue	issue	NOUN
taxlaw-2799	1240	8	by	by	ADP
taxlaw-2799	1240	9	amending	amend	VERB
taxlaw-2799	1240	10	§	§	PROPN
taxlaw-2799	1240	11	1256	1256	NUM
taxlaw-2799	1240	12	to	to	PART
taxlaw-2799	1240	13	specify	specify	VERB
taxlaw-2799	1240	14	when	when	SCONJ
taxlaw-2799	1240	15	commodity	commodity	NOUN
taxlaw-2799	1240	16	options	option	NOUN
taxlaw-2799	1240	17	will	will	AUX
taxlaw-2799	1240	18	and	and	CCONJ
taxlaw-2799	1240	19	will	will	AUX
taxlaw-2799	1240	20	not	not	PART
taxlaw-2799	1240	21	be	be	AUX
taxlaw-2799	1240	22	treated	treat	VERB
taxlaw-2799	1240	23	as	as	ADP
taxlaw-2799	1240	24	section	section	NOUN
taxlaw-2799	1240	25	1256	1256	NUM
taxlaw-2799	1240	26	contracts	contract	NOUN
taxlaw-2799	1240	27	suggests	suggest	VERB
taxlaw-2799	1240	28	that	that	SCONJ
taxlaw-2799	1240	29	whatever	whatever	PRON
taxlaw-2799	1240	30	the	the	DET
taxlaw-2799	1240	31	definition	definition	NOUN
taxlaw-2799	1240	32	of	of	ADP
taxlaw-2799	1240	33	rfc	rfc	PROPN
taxlaw-2799	1240	34	,	,	PUNCT
taxlaw-2799	1240	35	it	it	PRON
taxlaw-2799	1240	36	should	should	AUX
taxlaw-2799	1240	37	not	not	PART
taxlaw-2799	1240	38	apply	apply	VERB
taxlaw-2799	1240	39	to	to	ADP
taxlaw-2799	1240	40	every	every	DET
taxlaw-2799	1240	41	contract	contract	NOUN
taxlaw-2799	1240	42	traded	trade	VERB
taxlaw-2799	1240	43	on	on	ADP
taxlaw-2799	1240	44	a	a	DET
taxlaw-2799	1240	45	cftc	cftc	PROPN
taxlaw-2799	1240	46	-	-	PUNCT
taxlaw-2799	1240	47	approved	approve	VERB
taxlaw-2799	1240	48	exchange	exchange	NOUN
taxlaw-2799	1240	49	.	.	PUNCT
taxlaw-2799	1241	1	similarly	similarly	ADV
taxlaw-2799	1241	2	,	,	PUNCT
taxlaw-2799	1241	3	the	the	DET
taxlaw-2799	1241	4	fact	fact	NOUN
taxlaw-2799	1241	5	that	that	SCONJ
taxlaw-2799	1241	6	congress	congress	PROPN
taxlaw-2799	1241	7	amended	amend	VERB
taxlaw-2799	1241	8	§	§	PROPN
taxlaw-2799	1241	9	1256	1256	NUM
taxlaw-2799	1241	10	to	to	PART
taxlaw-2799	1241	11	include	include	VERB
taxlaw-2799	1241	12	foreign	foreign	ADJ
taxlaw-2799	1241	13	currency	currency	NOUN
taxlaw-2799	1241	14	contracts	contract	NOUN
taxlaw-2799	1241	15	and	and	CCONJ
taxlaw-2799	1241	16	nonequity	nonequity	NOUN
taxlaw-2799	1241	17	(	(	PUNCT
taxlaw-2799	1241	18	including	include	VERB
taxlaw-2799	1241	19	foreign	foreign	ADJ
taxlaw-2799	1241	20	currency	currency	NOUN
taxlaw-2799	1241	21	)	)	PUNCT
taxlaw-2799	1241	22	options	option	NOUN
taxlaw-2799	1241	23	suggests	suggest	VERB
taxlaw-2799	1241	24	that	that	SCONJ
taxlaw-2799	1241	25	the	the	DET
taxlaw-2799	1241	26	rfc	rfc	NOUN
taxlaw-2799	1241	27	definition	definition	NOUN
taxlaw-2799	1241	28	should	should	AUX
taxlaw-2799	1241	29	not	not	PART
taxlaw-2799	1241	30	include	include	VERB
taxlaw-2799	1241	31	contracts	contract	NOUN
taxlaw-2799	1241	32	linked	link	VERB
taxlaw-2799	1241	33	to	to	ADP
taxlaw-2799	1241	34	foreign	foreign	ADJ
taxlaw-2799	1241	35	currencies	currency	NOUN
taxlaw-2799	1241	36	.	.	PUNCT
taxlaw-2799	1242	1	instead	instead	ADV
taxlaw-2799	1242	2	,	,	PUNCT
taxlaw-2799	1242	3	the	the	DET
taxlaw-2799	1242	4	definition	definition	NOUN
taxlaw-2799	1242	5	should	should	AUX
taxlaw-2799	1242	6	apply	apply	VERB
taxlaw-2799	1242	7	to	to	ADP
taxlaw-2799	1242	8	some	some	DET
taxlaw-2799	1242	9	subset	subset	NOUN
taxlaw-2799	1242	10	of	of	ADP
taxlaw-2799	1242	11	traded	trade	VERB
taxlaw-2799	1242	12	contracts	contract	NOUN
taxlaw-2799	1242	13	.	.	PUNCT
taxlaw-2799	1243	1	the	the	DET
taxlaw-2799	1243	2	logical	logical	ADJ
taxlaw-2799	1243	3	way	way	NOUN
taxlaw-2799	1243	4	to	to	PART
taxlaw-2799	1243	5	narrow	narrow	VERB
taxlaw-2799	1243	6	the	the	DET
taxlaw-2799	1243	7	scope	scope	NOUN
taxlaw-2799	1243	8	of	of	ADP
taxlaw-2799	1243	9	the	the	DET
taxlaw-2799	1243	10	definition	definition	NOUN
taxlaw-2799	1243	11	is	be	AUX
taxlaw-2799	1243	12	to	to	PART
taxlaw-2799	1243	13	read	read	VERB
taxlaw-2799	1243	14	into	into	ADP
taxlaw-2799	1243	15	the	the	DET
taxlaw-2799	1243	16	term	term	NOUN
taxlaw-2799	1243	17	“	"	PUNCT
taxlaw-2799	1243	18	a	a	DET
taxlaw-2799	1243	19	contract	contract	NOUN
taxlaw-2799	1243	20	”	"	PUNCT
taxlaw-2799	1243	21	the	the	DET
taxlaw-2799	1243	22	implied	imply	VERB
taxlaw-2799	1243	23	qualification	qualification	NOUN
taxlaw-2799	1243	24	that	that	SCONJ
taxlaw-2799	1243	25	it	it	PRON
taxlaw-2799	1243	26	is	be	AUX
taxlaw-2799	1243	27	“	"	PUNCT
taxlaw-2799	1243	28	a	a	DET
taxlaw-2799	1243	29	[	[	X
taxlaw-2799	1243	30	commodity	commodity	NOUN
taxlaw-2799	1243	31	futures	future	NOUN
taxlaw-2799	1243	32	]	]	PUNCT
taxlaw-2799	1243	33	contract	contract	NOUN
taxlaw-2799	1243	34	,	,	PUNCT
taxlaw-2799	1243	35	”	"	PUNCT
taxlaw-2799	1243	36	since	since	SCONJ
taxlaw-2799	1243	37	those	those	PRON
taxlaw-2799	1243	38	were	be	AUX
taxlaw-2799	1243	39	the	the	DET
taxlaw-2799	1243	40	only	only	ADJ
taxlaw-2799	1243	41	contracts	contract	NOUN
taxlaw-2799	1243	42	to	to	PART
taxlaw-2799	1243	43	which	which	PRON
taxlaw-2799	1243	44	the	the	DET
taxlaw-2799	1243	45	rfc	rfc	NOUN
taxlaw-2799	1243	46	definition	definition	NOUN
taxlaw-2799	1243	47	applied	apply	VERB
taxlaw-2799	1243	48	when	when	SCONJ
taxlaw-2799	1243	49	it	it	PRON
taxlaw-2799	1243	50	was	be	AUX
taxlaw-2799	1243	51	enacted	enact	VERB
taxlaw-2799	1243	52	.	.	PUNCT
taxlaw-2799	1244	1	as	as	SCONJ
taxlaw-2799	1244	2	discussed	discuss	VERB
taxlaw-2799	1244	3	in	in	ADP
taxlaw-2799	1244	4	more	more	ADJ
taxlaw-2799	1244	5	detail	detail	NOUN
taxlaw-2799	1244	6	in	in	ADP
taxlaw-2799	1244	7	section	section	NOUN
taxlaw-2799	1244	8	iii.b.3	iii.b.3	PROPN
taxlaw-2799	1244	9	,	,	PUNCT
taxlaw-2799	1244	10	below	below	ADV
taxlaw-2799	1244	11	,	,	PUNCT
taxlaw-2799	1244	12	however	however	ADV
taxlaw-2799	1244	13	,	,	PUNCT
taxlaw-2799	1244	14	while	while	SCONJ
taxlaw-2799	1244	15	the	the	DET
taxlaw-2799	1244	16	service	service	NOUN
taxlaw-2799	1244	17	appears	appear	VERB
taxlaw-2799	1244	18	to	to	PART
taxlaw-2799	1244	19	have	have	AUX
taxlaw-2799	1244	20	taken	take	VERB
taxlaw-2799	1244	21	that	that	DET
taxlaw-2799	1244	22	position	position	NOUN
taxlaw-2799	1244	23	,	,	PUNCT
taxlaw-2799	1244	24	there	there	PRON
taxlaw-2799	1244	25	is	be	VERB
taxlaw-2799	1244	26	no	no	DET
taxlaw-2799	1244	27	authoritative	authoritative	ADJ
taxlaw-2799	1244	28	guidance	guidance	NOUN
taxlaw-2799	1244	29	to	to	ADP
taxlaw-2799	1244	30	that	that	DET
taxlaw-2799	1244	31	effect.108	effect.108	ADP
taxlaw-2799	1244	32	106	106	NUM
taxlaw-2799	1244	33	i.r.c	i.r.c	NOUN
taxlaw-2799	1244	34	.	.	PUNCT
taxlaw-2799	1245	1	§	§	PROPN
taxlaw-2799	1245	2	1256(g)(1	1256(g)(1	NUM
taxlaw-2799	1245	3	)	)	PUNCT
taxlaw-2799	1245	4	(	(	PUNCT
taxlaw-2799	1245	5	2010	2010	NUM
taxlaw-2799	1245	6	)	)	PUNCT
taxlaw-2799	1245	7	.	.	PUNCT
taxlaw-2799	1246	1	107	107	NUM
taxlaw-2799	1246	2	i.r.c	i.r.c	NOUN
taxlaw-2799	1246	3	.	.	PUNCT
taxlaw-2799	1247	1	§	§	PROPN
taxlaw-2799	1247	2	1256(g)(7	1256(g)(7	NUM
taxlaw-2799	1247	3	)	)	PUNCT
taxlaw-2799	1247	4	(	(	PUNCT
taxlaw-2799	1247	5	2010	2010	NUM
taxlaw-2799	1247	6	)	)	PUNCT
taxlaw-2799	1247	7	.	.	PUNCT
taxlaw-2799	1248	1	108	108	NUM
taxlaw-2799	1248	2	recent	recent	ADJ
taxlaw-2799	1248	3	remarks	remark	NOUN
taxlaw-2799	1248	4	by	by	ADP
taxlaw-2799	1248	5	service	service	NOUN
taxlaw-2799	1248	6	officials	official	NOUN
taxlaw-2799	1248	7	suggest	suggest	VERB
taxlaw-2799	1248	8	that	that	PRON
taxlaw-2799	1248	9	guidance	guidance	NOUN
taxlaw-2799	1248	10	to	to	ADP
taxlaw-2799	1248	11	this	this	DET
taxlaw-2799	1248	12	effect	effect	NOUN
taxlaw-2799	1248	13	may	may	AUX
taxlaw-2799	1248	14	be	be	AUX
taxlaw-2799	1248	15	forthcoming	forthcoming	ADJ
taxlaw-2799	1248	16	.	.	PUNCT
taxlaw-2799	1249	1	see	see	VERB
taxlaw-2799	1249	2	amy	amy	PROPN
taxlaw-2799	1249	3	s.	s.	PROPN
taxlaw-2799	1249	4	elliott	elliott	PROPN
taxlaw-2799	1249	5	,	,	PUNCT
taxlaw-2799	1249	6	irs	irs	PROPN
taxlaw-2799	1249	7	may	may	AUX
taxlaw-2799	1249	8	restrict	restrict	VERB
taxlaw-2799	1249	9	definition	definition	NOUN
taxlaw-2799	1249	10	of	of	ADP
taxlaw-2799	1249	11	swap	swap	NOUN
taxlaw-2799	1249	12	to	to	ADP
taxlaw-2799	1249	13	otional	otional	ADJ
taxlaw-2799	1249	14	principal	principal	ADJ
taxlaw-2799	1249	15	contracts	contract	NOUN
taxlaw-2799	1249	16	(	(	PUNCT
taxlaw-2799	1249	17	dec	dec	PROPN
taxlaw-2799	1249	18	.	.	PROPN
taxlaw-2799	1249	19	15	15	NUM
taxlaw-2799	1249	20	,	,	PUNCT
taxlaw-2799	1249	21	2010	2010	NUM
taxlaw-2799	1249	22	)	)	PUNCT
taxlaw-2799	1249	23	,	,	PUNCT
taxlaw-2799	1249	24	available	available	ADJ
taxlaw-2799	1249	25	at	at	ADP
taxlaw-2799	1249	26	2010	2010	NUM
taxlaw-2799	1249	27	tnt	tnt	NOUN
taxlaw-2799	1249	28	240	240	NUM
taxlaw-2799	1249	29	-	-	SYM
taxlaw-2799	1249	30	3	3	NUM
taxlaw-2799	1249	31	;	;	PUNCT
taxlaw-2799	1249	32	diane	diane	PROPN
taxlaw-2799	1249	33	freda	freda	PROPN
taxlaw-2799	1249	34	,	,	PUNCT
taxlaw-2799	1249	35	irs	irs	PROPN
taxlaw-2799	1249	36	may	may	AUX
taxlaw-2799	1249	37	hold	hold	VERB
taxlaw-2799	1249	38	to	to	ADP
taxlaw-2799	1249	39	arrow	arrow	NOUN
taxlaw-2799	1249	40	view	view	NOUN
taxlaw-2799	1249	41	of	of	ADP
taxlaw-2799	1249	42	futures	future	NOUN
taxlaw-2799	1249	43	under	under	ADP
taxlaw-2799	1249	44	dodd	dodd	PROPN
taxlaw-2799	1249	45	-	-	PUNCT
taxlaw-2799	1249	46	frank	frank	PROPN
taxlaw-2799	1249	47	wall	wall	PROPN
taxlaw-2799	1249	48	street	street	PROPN
taxlaw-2799	1249	49	reform	reform	PROPN
taxlaw-2799	1249	50	(	(	PUNCT
taxlaw-2799	1249	51	dec	dec	PROPN
taxlaw-2799	1249	52	.	.	PROPN
taxlaw-2799	1249	53	15	15	NUM
taxlaw-2799	1249	54	,	,	PUNCT
taxlaw-2799	1249	55	2010	2010	NUM
taxlaw-2799	1249	56	)	)	PUNCT
taxlaw-2799	1249	57	,	,	PUNCT
taxlaw-2799	1249	58	239	239	NUM
taxlaw-2799	1249	59	dtr	dtr	NOUN
taxlaw-2799	1249	60	g-3	g-3	NOUN
taxlaw-2799	1249	61	,	,	PUNCT
taxlaw-2799	1249	62	available	available	ADJ
taxlaw-2799	1249	63	at	at	ADP
taxlaw-2799	1249	64	www.bna.com	www.bna.com	PROPN
taxlaw-2799	1249	65	.	.	PUNCT
taxlaw-2799	1250	1	2011	2011	NUM
taxlaw-2799	1250	2	]	]	PUNCT
taxlaw-2799	1250	3	ew	ew	AUX
taxlaw-2799	1250	4	tax	tax	NOUN
taxlaw-2799	1250	5	issues	issue	NOUN
taxlaw-2799	1250	6	arisi	arisi	VERB
taxlaw-2799	1250	7	g	g	PROPN
taxlaw-2799	1250	8	from	from	ADP
taxlaw-2799	1250	9	the	the	DET
taxlaw-2799	1250	10	dodd	dodd	NOUN
taxlaw-2799	1250	11	-	-	PUNCT
taxlaw-2799	1250	12	fra	fra	PROPN
taxlaw-2799	1250	13	k	k	PROPN
taxlaw-2799	1250	14	act	act	VERB
taxlaw-2799	1250	15	61	61	NUM
taxlaw-2799	1250	16	a	a	DET
taxlaw-2799	1250	17	further	further	ADJ
taxlaw-2799	1250	18	source	source	NOUN
taxlaw-2799	1250	19	of	of	ADP
taxlaw-2799	1250	20	uncertainty	uncertainty	NOUN
taxlaw-2799	1250	21	arises	arise	VERB
taxlaw-2799	1250	22	because	because	SCONJ
taxlaw-2799	1250	23	an	an	DET
taxlaw-2799	1250	24	rfc	rfc	NOUN
taxlaw-2799	1250	25	is	be	AUX
taxlaw-2799	1250	26	defined	define	VERB
taxlaw-2799	1250	27	as	as	ADP
taxlaw-2799	1250	28	a	a	DET
taxlaw-2799	1250	29	contract	contract	NOUN
taxlaw-2799	1250	30	“	"	PUNCT
taxlaw-2799	1250	31	traded	trade	VERB
taxlaw-2799	1250	32	on	on	ADP
taxlaw-2799	1250	33	or	or	CCONJ
taxlaw-2799	1250	34	subject	subject	VERB
taxlaw-2799	1250	35	to	to	ADP
taxlaw-2799	1250	36	the	the	DET
taxlaw-2799	1250	37	rules	rule	NOUN
taxlaw-2799	1250	38	of	of	ADP
taxlaw-2799	1250	39	”	"	PUNCT
taxlaw-2799	1250	40	a	a	DET
taxlaw-2799	1250	41	qualified	qualified	ADJ
taxlaw-2799	1250	42	board	board	NOUN
taxlaw-2799	1250	43	or	or	CCONJ
taxlaw-2799	1250	44	exchange	exchange	NOUN
taxlaw-2799	1250	45	(	(	PUNCT
taxlaw-2799	1250	46	“	"	PUNCT
taxlaw-2799	1250	47	qbe	qbe	PROPN
taxlaw-2799	1250	48	”	"	PUNCT
taxlaw-2799	1250	49	)	)	PUNCT
taxlaw-2799	1250	50	.	.	PUNCT
taxlaw-2799	1251	1	the	the	DET
taxlaw-2799	1251	2	“	"	PUNCT
taxlaw-2799	1251	3	subject	subject	NOUN
taxlaw-2799	1251	4	to	to	ADP
taxlaw-2799	1251	5	”	"	PUNCT
taxlaw-2799	1251	6	(	(	PUNCT
taxlaw-2799	1251	7	or	or	CCONJ
taxlaw-2799	1251	8	is	be	AUX
taxlaw-2799	1251	9	it	it	PRON
taxlaw-2799	1251	10	“	"	PUNCT
taxlaw-2799	1251	11	traded	trade	VERB
taxlaw-2799	1251	12	...	...	PUNCT
taxlaw-2799	1251	13	subject	subject	ADJ
taxlaw-2799	1251	14	to	to	ADP
taxlaw-2799	1251	15	”	"	PUNCT
taxlaw-2799	1251	16	?	?	PUNCT
taxlaw-2799	1251	17	)	)	PUNCT
taxlaw-2799	1252	1	language	language	NOUN
taxlaw-2799	1252	2	is	be	AUX
taxlaw-2799	1252	3	ambiguous	ambiguous	ADJ
taxlaw-2799	1252	4	.	.	PUNCT
taxlaw-2799	1253	1	to	to	PART
taxlaw-2799	1253	2	focus	focus	VERB
taxlaw-2799	1253	3	attention	attention	NOUN
taxlaw-2799	1253	4	on	on	ADP
taxlaw-2799	1253	5	that	that	DET
taxlaw-2799	1253	6	ambiguity	ambiguity	NOUN
taxlaw-2799	1253	7	,	,	PUNCT
taxlaw-2799	1253	8	it	it	PRON
taxlaw-2799	1253	9	may	may	AUX
taxlaw-2799	1253	10	be	be	AUX
taxlaw-2799	1253	11	helpful	helpful	ADJ
taxlaw-2799	1253	12	to	to	PART
taxlaw-2799	1253	13	review	review	VERB
taxlaw-2799	1253	14	some	some	PRON
taxlaw-2799	1253	15	of	of	ADP
taxlaw-2799	1253	16	the	the	DET
taxlaw-2799	1253	17	different	different	ADJ
taxlaw-2799	1253	18	kinds	kind	NOUN
taxlaw-2799	1253	19	of	of	ADP
taxlaw-2799	1253	20	transactions	transaction	NOUN
taxlaw-2799	1253	21	that	that	PRON
taxlaw-2799	1253	22	currently	currently	ADV
taxlaw-2799	1253	23	exist	exist	VERB
taxlaw-2799	1253	24	that	that	PRON
taxlaw-2799	1253	25	have	have	VERB
taxlaw-2799	1253	26	or	or	CCONJ
taxlaw-2799	1253	27	may	may	AUX
taxlaw-2799	1253	28	have	have	VERB
taxlaw-2799	1253	29	some	some	DET
taxlaw-2799	1253	30	connection	connection	NOUN
taxlaw-2799	1253	31	to	to	ADP
taxlaw-2799	1253	32	a	a	DET
taxlaw-2799	1253	33	qbe	qbe	NOUN
taxlaw-2799	1253	34	but	but	CCONJ
taxlaw-2799	1253	35	are	be	AUX
taxlaw-2799	1253	36	not	not	PART
taxlaw-2799	1253	37	expressly	expressly	ADV
taxlaw-2799	1253	38	within	within	ADP
taxlaw-2799	1253	39	or	or	CCONJ
taxlaw-2799	1253	40	outside	outside	ADP
taxlaw-2799	1253	41	the	the	DET
taxlaw-2799	1253	42	scope	scope	NOUN
taxlaw-2799	1253	43	of	of	ADP
taxlaw-2799	1253	44	§	§	PROPN
taxlaw-2799	1253	45	1256	1256	NUM
taxlaw-2799	1253	46	.	.	PUNCT
taxlaw-2799	1254	1	primarily	primarily	ADV
taxlaw-2799	1254	2	because	because	SCONJ
taxlaw-2799	1254	3	it	it	PRON
taxlaw-2799	1254	4	is	be	AUX
taxlaw-2799	1254	5	convenient	convenient	ADJ
taxlaw-2799	1254	6	to	to	PART
taxlaw-2799	1254	7	do	do	VERB
taxlaw-2799	1254	8	so	so	ADV
taxlaw-2799	1254	9	,	,	PUNCT
taxlaw-2799	1254	10	the	the	DET
taxlaw-2799	1254	11	list	list	NOUN
taxlaw-2799	1254	12	below	below	ADP
taxlaw-2799	1254	13	mostly	mostly	ADV
taxlaw-2799	1254	14	describes	describe	VERB
taxlaw-2799	1254	15	a	a	DET
taxlaw-2799	1254	16	number	number	NOUN
taxlaw-2799	1254	17	of	of	ADP
taxlaw-2799	1254	18	contracts	contract	NOUN
taxlaw-2799	1254	19	that	that	PRON
taxlaw-2799	1254	20	have	have	VERB
taxlaw-2799	1254	21	some	some	DET
taxlaw-2799	1254	22	connection	connection	NOUN
taxlaw-2799	1254	23	to	to	ADP
taxlaw-2799	1254	24	the	the	DET
taxlaw-2799	1254	25	cme	cme	NOUN
taxlaw-2799	1254	26	or	or	CCONJ
taxlaw-2799	1254	27	its	its	PRON
taxlaw-2799	1254	28	affiliate	affiliate	NOUN
taxlaw-2799	1254	29	exchanges	exchange	NOUN
taxlaw-2799	1254	30	,	,	PUNCT
taxlaw-2799	1254	31	the	the	DET
taxlaw-2799	1254	32	chicago	chicago	PROPN
taxlaw-2799	1254	33	board	board	PROPN
taxlaw-2799	1254	34	of	of	ADP
taxlaw-2799	1254	35	trade	trade	PROPN
taxlaw-2799	1254	36	(	(	PUNCT
taxlaw-2799	1254	37	“	"	PUNCT
taxlaw-2799	1254	38	cbot	cbot	X
taxlaw-2799	1254	39	”	"	PUNCT
taxlaw-2799	1254	40	)	)	PUNCT
taxlaw-2799	1254	41	or	or	CCONJ
taxlaw-2799	1254	42	the	the	DET
taxlaw-2799	1254	43	new	new	PROPN
taxlaw-2799	1254	44	york	york	PROPN
taxlaw-2799	1254	45	mercantile	mercantile	PROPN
taxlaw-2799	1254	46	exchange	exchange	PROPN
taxlaw-2799	1254	47	(	(	PUNCT
taxlaw-2799	1254	48	“	"	PUNCT
taxlaw-2799	1254	49	nymex”).109	nymex”).109	CCONJ
taxlaw-2799	1254	50	the	the	DET
taxlaw-2799	1254	51	mutual	mutual	ADJ
taxlaw-2799	1254	52	offset	offset	NOUN
taxlaw-2799	1254	53	system	system	NOUN
taxlaw-2799	1254	54	.	.	PUNCT
taxlaw-2799	1255	1	since	since	SCONJ
taxlaw-2799	1255	2	1984	1984	NUM
taxlaw-2799	1255	3	,	,	PUNCT
taxlaw-2799	1255	4	the	the	DET
taxlaw-2799	1255	5	cme	cme	NOUN
taxlaw-2799	1255	6	and	and	CCONJ
taxlaw-2799	1255	7	the	the	DET
taxlaw-2799	1255	8	singapore	singapore	PROPN
taxlaw-2799	1255	9	exchange	exchange	PROPN
taxlaw-2799	1255	10	(	(	PUNCT
taxlaw-2799	1255	11	formerly	formerly	ADV
taxlaw-2799	1255	12	the	the	DET
taxlaw-2799	1255	13	singapore	singapore	PROPN
taxlaw-2799	1255	14	international	international	PROPN
taxlaw-2799	1255	15	monetary	monetary	ADJ
taxlaw-2799	1255	16	exchange	exchange	NOUN
taxlaw-2799	1255	17	,	,	PUNCT
taxlaw-2799	1255	18	or	or	CCONJ
taxlaw-2799	1255	19	simex	simex	NOUN
taxlaw-2799	1255	20	)	)	PUNCT
taxlaw-2799	1255	21	have	have	AUX
taxlaw-2799	1255	22	been	be	AUX
taxlaw-2799	1255	23	parties	party	NOUN
taxlaw-2799	1255	24	to	to	ADP
taxlaw-2799	1255	25	an	an	DET
taxlaw-2799	1255	26	agreement	agreement	NOUN
taxlaw-2799	1255	27	that	that	PRON
taxlaw-2799	1255	28	allows	allow	VERB
taxlaw-2799	1255	29	traders	trader	NOUN
taxlaw-2799	1255	30	to	to	PART
taxlaw-2799	1255	31	open	open	VERB
taxlaw-2799	1255	32	a	a	DET
taxlaw-2799	1255	33	futures	future	NOUN
taxlaw-2799	1255	34	contract	contract	NOUN
taxlaw-2799	1255	35	on	on	ADP
taxlaw-2799	1255	36	one	one	NUM
taxlaw-2799	1255	37	exchange	exchange	NOUN
taxlaw-2799	1255	38	and	and	CCONJ
taxlaw-2799	1255	39	have	have	VERB
taxlaw-2799	1255	40	it	it	PRON
taxlaw-2799	1255	41	automatically	automatically	ADV
taxlaw-2799	1255	42	transferred	transfer	VERB
taxlaw-2799	1255	43	overnight	overnight	ADV
taxlaw-2799	1255	44	to	to	ADP
taxlaw-2799	1255	45	the	the	DET
taxlaw-2799	1255	46	other	other	ADJ
taxlaw-2799	1255	47	exchange	exchange	NOUN
taxlaw-2799	1255	48	.	.	PUNCT
taxlaw-2799	1256	1	for	for	ADP
taxlaw-2799	1256	2	example	example	NOUN
taxlaw-2799	1256	3	,	,	PUNCT
taxlaw-2799	1256	4	during	during	ADP
taxlaw-2799	1256	5	simex	simex	NOUN
taxlaw-2799	1256	6	business	business	NOUN
taxlaw-2799	1256	7	hours	hour	NOUN
taxlaw-2799	1256	8	,	,	PUNCT
taxlaw-2799	1256	9	a	a	DET
taxlaw-2799	1256	10	trader	trader	NOUN
taxlaw-2799	1256	11	could	could	AUX
taxlaw-2799	1256	12	enter	enter	VERB
taxlaw-2799	1256	13	into	into	ADP
taxlaw-2799	1256	14	a	a	DET
taxlaw-2799	1256	15	eurodollar	eurodollar	PROPN
taxlaw-2799	1256	16	futures	future	NOUN
taxlaw-2799	1256	17	contract	contract	NOUN
taxlaw-2799	1256	18	on	on	ADP
taxlaw-2799	1256	19	simex	simex	NOUN
taxlaw-2799	1256	20	;	;	PUNCT
taxlaw-2799	1256	21	when	when	SCONJ
taxlaw-2799	1256	22	the	the	DET
taxlaw-2799	1256	23	cme	cme	PROPN
taxlaw-2799	1256	24	opens	open	VERB
taxlaw-2799	1256	25	,	,	PUNCT
taxlaw-2799	1256	26	the	the	DET
taxlaw-2799	1256	27	trader	trader	NOUN
taxlaw-2799	1256	28	may	may	AUX
taxlaw-2799	1256	29	send	send	VERB
taxlaw-2799	1256	30	the	the	DET
taxlaw-2799	1256	31	contract	contract	NOUN
taxlaw-2799	1256	32	to	to	ADP
taxlaw-2799	1256	33	the	the	DET
taxlaw-2799	1256	34	cme	cme	NOUN
taxlaw-2799	1256	35	,	,	PUNCT
taxlaw-2799	1256	36	in	in	ADP
taxlaw-2799	1256	37	which	which	DET
taxlaw-2799	1256	38	case	case	NOUN
taxlaw-2799	1256	39	,	,	PUNCT
taxlaw-2799	1256	40	once	once	ADV
taxlaw-2799	1256	41	accepted	accept	VERB
taxlaw-2799	1256	42	,	,	PUNCT
taxlaw-2799	1256	43	the	the	DET
taxlaw-2799	1256	44	simex	simex	NOUN
taxlaw-2799	1256	45	trade	trade	NOUN
taxlaw-2799	1256	46	will	will	AUX
taxlaw-2799	1256	47	be	be	AUX
taxlaw-2799	1256	48	offset	offset	VERB
taxlaw-2799	1256	49	and	and	CCONJ
taxlaw-2799	1256	50	the	the	DET
taxlaw-2799	1256	51	trade	trade	NOUN
taxlaw-2799	1256	52	will	will	AUX
taxlaw-2799	1256	53	become	become	VERB
taxlaw-2799	1256	54	a	a	DET
taxlaw-2799	1256	55	position	position	NOUN
taxlaw-2799	1256	56	on	on	ADP
taxlaw-2799	1256	57	the	the	DET
taxlaw-2799	1256	58	cme	cme	NOUN
taxlaw-2799	1256	59	.	.	PUNCT
taxlaw-2799	1257	1	from	from	ADP
taxlaw-2799	1257	2	that	that	DET
taxlaw-2799	1257	3	point	point	NOUN
taxlaw-2799	1257	4	forward	forward	ADV
taxlaw-2799	1257	5	,	,	PUNCT
taxlaw-2799	1257	6	the	the	DET
taxlaw-2799	1257	7	futures	future	NOUN
taxlaw-2799	1257	8	contract	contract	NOUN
taxlaw-2799	1257	9	is	be	AUX
taxlaw-2799	1257	10	identical	identical	ADJ
taxlaw-2799	1257	11	to	to	ADP
taxlaw-2799	1257	12	any	any	DET
taxlaw-2799	1257	13	other	other	ADJ
taxlaw-2799	1257	14	eurodollar	eurodollar	PROPN
taxlaw-2799	1257	15	futures	future	NOUN
taxlaw-2799	1257	16	contract	contract	NOUN
taxlaw-2799	1257	17	on	on	ADP
taxlaw-2799	1257	18	the	the	DET
taxlaw-2799	1257	19	cme	cme	PROPN
taxlaw-2799	1257	20	.	.	PUNCT
taxlaw-2799	1258	1	exchange	exchange	PROPN
taxlaw-2799	1258	2	for	for	ADP
taxlaw-2799	1258	3	physical	physical	NOUN
taxlaw-2799	1258	4	.	.	PUNCT
taxlaw-2799	1259	1	an	an	DET
taxlaw-2799	1259	2	exchange	exchange	NOUN
taxlaw-2799	1259	3	for	for	ADP
taxlaw-2799	1259	4	physical	physical	ADJ
taxlaw-2799	1259	5	(	(	PUNCT
taxlaw-2799	1259	6	“	"	PUNCT
taxlaw-2799	1259	7	efp	efp	PROPN
taxlaw-2799	1259	8	”	"	PUNCT
taxlaw-2799	1259	9	)	)	PUNCT
taxlaw-2799	1259	10	transaction	transaction	NOUN
taxlaw-2799	1259	11	is	be	AUX
taxlaw-2799	1259	12	a	a	DET
taxlaw-2799	1259	13	privately	privately	ADV
taxlaw-2799	1259	14	negotiated	negotiate	VERB
taxlaw-2799	1259	15	(	(	PUNCT
taxlaw-2799	1259	16	that	that	PRON
taxlaw-2799	1259	17	is	is	ADV
taxlaw-2799	1259	18	,	,	PUNCT
taxlaw-2799	1259	19	otc	otc	PROPN
taxlaw-2799	1259	20	rather	rather	ADV
taxlaw-2799	1259	21	than	than	ADP
taxlaw-2799	1259	22	exchange	exchange	NOUN
taxlaw-2799	1259	23	-	-	PUNCT
taxlaw-2799	1259	24	traded	trade	VERB
taxlaw-2799	1259	25	)	)	PUNCT
taxlaw-2799	1259	26	and	and	CCONJ
taxlaw-2799	1259	27	simultaneous	simultaneous	ADJ
taxlaw-2799	1259	28	exchange	exchange	NOUN
taxlaw-2799	1259	29	of	of	ADP
taxlaw-2799	1259	30	a	a	DET
taxlaw-2799	1259	31	position	position	NOUN
taxlaw-2799	1259	32	in	in	ADP
taxlaw-2799	1259	33	a	a	DET
taxlaw-2799	1259	34	physical	physical	ADJ
taxlaw-2799	1259	35	asset	asset	NOUN
taxlaw-2799	1259	36	for	for	ADP
taxlaw-2799	1259	37	a	a	DET
taxlaw-2799	1259	38	related	relate	VERB
taxlaw-2799	1259	39	futures	future	NOUN
taxlaw-2799	1259	40	contract	contract	NOUN
taxlaw-2799	1259	41	.	.	PUNCT
taxlaw-2799	1260	1	for	for	ADP
taxlaw-2799	1260	2	example	example	NOUN
taxlaw-2799	1260	3	,	,	PUNCT
taxlaw-2799	1260	4	a	a	DET
taxlaw-2799	1260	5	party	party	NOUN
taxlaw-2799	1260	6	owning	own	VERB
taxlaw-2799	1260	7	live	live	ADJ
taxlaw-2799	1260	8	cattle	cattle	NOUN
taxlaw-2799	1260	9	,	,	PUNCT
taxlaw-2799	1260	10	natural	natural	ADJ
taxlaw-2799	1260	11	gas	gas	NOUN
taxlaw-2799	1260	12	or	or	CCONJ
taxlaw-2799	1260	13	foreign	foreign	ADJ
taxlaw-2799	1260	14	currency	currency	NOUN
taxlaw-2799	1260	15	may	may	AUX
taxlaw-2799	1260	16	exchange	exchange	VERB
taxlaw-2799	1260	17	that	that	DET
taxlaw-2799	1260	18	asset	asset	NOUN
taxlaw-2799	1260	19	for	for	ADP
taxlaw-2799	1260	20	a	a	DET
taxlaw-2799	1260	21	futures	future	NOUN
taxlaw-2799	1260	22	contract	contract	NOUN
taxlaw-2799	1260	23	on	on	ADP
taxlaw-2799	1260	24	the	the	DET
taxlaw-2799	1260	25	same	same	ADJ
taxlaw-2799	1260	26	product	product	NOUN
taxlaw-2799	1260	27	,	,	PUNCT
taxlaw-2799	1260	28	provided	provide	VERB
taxlaw-2799	1260	29	that	that	SCONJ
taxlaw-2799	1260	30	the	the	DET
taxlaw-2799	1260	31	asset	asset	NOUN
taxlaw-2799	1260	32	satisfies	satisfie	NOUN
taxlaw-2799	1260	33	specified	specify	VERB
taxlaw-2799	1260	34	conditions	condition	NOUN
taxlaw-2799	1260	35	.	.	PUNCT
taxlaw-2799	1261	1	once	once	ADV
taxlaw-2799	1261	2	accepted	accept	VERB
taxlaw-2799	1261	3	,	,	PUNCT
taxlaw-2799	1261	4	the	the	DET
taxlaw-2799	1261	5	futures	future	NOUN
taxlaw-2799	1261	6	contract	contract	NOUN
taxlaw-2799	1261	7	is	be	AUX
taxlaw-2799	1261	8	identical	identical	ADJ
taxlaw-2799	1261	9	to	to	ADP
taxlaw-2799	1261	10	any	any	DET
taxlaw-2799	1261	11	other	other	ADJ
taxlaw-2799	1261	12	futures	future	NOUN
taxlaw-2799	1261	13	contract	contract	NOUN
taxlaw-2799	1261	14	traded	trade	VERB
taxlaw-2799	1261	15	on	on	ADP
taxlaw-2799	1261	16	the	the	DET
taxlaw-2799	1261	17	exchange	exchange	NOUN
taxlaw-2799	1261	18	.	.	PUNCT
taxlaw-2799	1262	1	the	the	DET
taxlaw-2799	1262	2	general	general	ADJ
taxlaw-2799	1262	3	rule	rule	NOUN
taxlaw-2799	1262	4	for	for	ADP
taxlaw-2799	1262	5	such	such	ADJ
taxlaw-2799	1262	6	transactions	transaction	NOUN
taxlaw-2799	1262	7	is	be	AUX
taxlaw-2799	1262	8	in	in	ADP
taxlaw-2799	1262	9	rule	rule	NOUN
taxlaw-2799	1262	10	538	538	NUM
taxlaw-2799	1262	11	of	of	ADP
taxlaw-2799	1262	12	the	the	DET
taxlaw-2799	1262	13	cbot	cbot	PROPN
taxlaw-2799	1262	14	’s	’s	PART
taxlaw-2799	1262	15	rulebook	rulebook	NOUN
taxlaw-2799	1262	16	.	.	PUNCT
taxlaw-2799	1263	1	exchange	exchange	NOUN
taxlaw-2799	1263	2	for	for	ADP
taxlaw-2799	1263	3	swap.110	swap.110	NOUN
taxlaw-2799	1263	4	an	an	DET
taxlaw-2799	1263	5	exchange	exchange	NOUN
taxlaw-2799	1263	6	for	for	ADP
taxlaw-2799	1263	7	swap	swap	NOUN
taxlaw-2799	1263	8	(	(	PUNCT
taxlaw-2799	1263	9	“	"	PUNCT
taxlaw-2799	1263	10	efs	ef	NOUN
taxlaw-2799	1263	11	”	"	PUNCT
taxlaw-2799	1263	12	)	)	PUNCT
taxlaw-2799	1263	13	transaction	transaction	NOUN
taxlaw-2799	1263	14	on	on	ADP
taxlaw-2799	1263	15	nymex	nymex	PROPN
taxlaw-2799	1263	16	is	be	AUX
taxlaw-2799	1263	17	like	like	ADP
taxlaw-2799	1263	18	an	an	DET
taxlaw-2799	1263	19	efp	efp	PROPN
taxlaw-2799	1263	20	,	,	PUNCT
taxlaw-2799	1263	21	except	except	SCONJ
taxlaw-2799	1263	22	that	that	SCONJ
taxlaw-2799	1263	23	the	the	DET
taxlaw-2799	1263	24	parties	party	NOUN
taxlaw-2799	1263	25	exchange	exchange	VERB
taxlaw-2799	1263	26	a	a	DET
taxlaw-2799	1263	27	futures	future	NOUN
taxlaw-2799	1263	28	contract	contract	NOUN
taxlaw-2799	1263	29	vs.	vs.	ADP
taxlaw-2799	1263	30	a	a	DET
taxlaw-2799	1263	31	swap	swap	NOUN
taxlaw-2799	1263	32	rather	rather	ADV
taxlaw-2799	1263	33	than	than	ADP
taxlaw-2799	1263	34	a	a	DET
taxlaw-2799	1263	35	physical	physical	ADJ
taxlaw-2799	1263	36	asset	asset	NOUN
taxlaw-2799	1263	37	.	.	PUNCT
taxlaw-2799	1264	1	typically	typically	ADV
taxlaw-2799	1264	2	,	,	PUNCT
taxlaw-2799	1264	3	such	such	ADJ
taxlaw-2799	1264	4	transactions	transaction	NOUN
taxlaw-2799	1264	5	are	be	AUX
taxlaw-2799	1264	6	submitted	submit	VERB
taxlaw-2799	1264	7	for	for	ADP
taxlaw-2799	1264	8	clearing	clear	VERB
taxlaw-2799	1264	9	within	within	ADP
taxlaw-2799	1264	10	one	one	NUM
taxlaw-2799	1264	11	hour	hour	NOUN
taxlaw-2799	1264	12	of	of	ADP
taxlaw-2799	1264	13	the	the	DET
taxlaw-2799	1264	14	parties	party	NOUN
taxlaw-2799	1264	15	’	'	PUNCT
taxlaw-2799	1264	16	agreement	agreement	NOUN
taxlaw-2799	1264	17	to	to	ADP
taxlaw-2799	1264	18	the	the	DET
taxlaw-2799	1264	19	terms	term	NOUN
taxlaw-2799	1264	20	.	.	PUNCT
taxlaw-2799	1265	1	in	in	ADP
taxlaw-2799	1265	2	the	the	DET
taxlaw-2799	1265	3	energy	energy	NOUN
taxlaw-2799	1265	4	markets	market	NOUN
taxlaw-2799	1265	5	,	,	PUNCT
taxlaw-2799	1265	6	where	where	SCONJ
taxlaw-2799	1265	7	there	there	PRON
taxlaw-2799	1265	8	are	be	VERB
taxlaw-2799	1265	9	many	many	ADJ
taxlaw-2799	1265	10	efs	ef	NOUN
taxlaw-2799	1265	11	,	,	PUNCT
taxlaw-2799	1265	12	a	a	DET
taxlaw-2799	1265	13	standard	standard	ADJ
taxlaw-2799	1265	14	confirmation	confirmation	NOUN
taxlaw-2799	1265	15	states	state	VERB
taxlaw-2799	1265	16	that	that	SCONJ
taxlaw-2799	1265	17	if	if	SCONJ
taxlaw-2799	1265	18	the	the	DET
taxlaw-2799	1265	19	transaction	transaction	NOUN
taxlaw-2799	1265	20	is	be	AUX
taxlaw-2799	1265	21	not	not	PART
taxlaw-2799	1265	22	accepted	accept	VERB
taxlaw-2799	1265	23	for	for	ADP
taxlaw-2799	1265	24	clearing	clear	VERB
taxlaw-2799	1265	25	it	it	PRON
taxlaw-2799	1265	26	will	will	AUX
taxlaw-2799	1265	27	be	be	AUX
taxlaw-2799	1265	28	void	void	ADJ
taxlaw-2799	1265	29	.	.	PUNCT
taxlaw-2799	1266	1	such	such	ADJ
taxlaw-2799	1266	2	transactions	transaction	NOUN
taxlaw-2799	1266	3	are	be	AUX
taxlaw-2799	1266	4	also	also	ADV
taxlaw-2799	1266	5	subject	subject	ADJ
taxlaw-2799	1266	6	to	to	ADP
taxlaw-2799	1266	7	cbot	cbot	PROPN
taxlaw-2799	1266	8	rule	rule	VERB
taxlaw-2799	1266	9	538	538	NUM
taxlaw-2799	1266	10	.	.	PUNCT
taxlaw-2799	1267	1	109	109	NUM
taxlaw-2799	1267	2	the	the	DET
taxlaw-2799	1267	3	information	information	NOUN
taxlaw-2799	1267	4	described	describe	VERB
taxlaw-2799	1267	5	below	below	ADV
taxlaw-2799	1267	6	is	be	AUX
taxlaw-2799	1267	7	taken	take	VERB
taxlaw-2799	1267	8	primarily	primarily	ADV
taxlaw-2799	1267	9	from	from	ADP
taxlaw-2799	1267	10	the	the	DET
taxlaw-2799	1267	11	cme	cme	PROPN
taxlaw-2799	1267	12	group	group	NOUN
taxlaw-2799	1267	13	’s	’s	PART
taxlaw-2799	1267	14	website	website	NOUN
taxlaw-2799	1267	15	,	,	PUNCT
taxlaw-2799	1267	16	www.cmegroup.com	www.cmegroup.com	PROPN
taxlaw-2799	1267	17	.	.	PUNCT
taxlaw-2799	1268	1	110	110	NUM
taxlaw-2799	1268	2	see	see	VERB
taxlaw-2799	1268	3	pomierski	pomierski	NOUN
taxlaw-2799	1268	4	,	,	PUNCT
taxlaw-2799	1268	5	supra	supra	PROPN
taxlaw-2799	1268	6	note	note	NOUN
taxlaw-2799	1268	7	49	49	NUM
taxlaw-2799	1268	8	,	,	PUNCT
taxlaw-2799	1268	9	§	§	PROPN
taxlaw-2799	1268	10	i.f.5	i.f.5	PROPN
taxlaw-2799	1268	11	;	;	PUNCT
taxlaw-2799	1268	12	kramer	kramer	PROPN
taxlaw-2799	1268	13	,	,	PUNCT
taxlaw-2799	1268	14	supra	supra	PROPN
taxlaw-2799	1268	15	note	note	PROPN
taxlaw-2799	1268	16	49	49	NUM
taxlaw-2799	1268	17	,	,	PUNCT
taxlaw-2799	1268	18	§	§	PROPN
taxlaw-2799	1268	19	62.01[b][1	62.01[b][1	PROPN
taxlaw-2799	1268	20	]	]	PUNCT
taxlaw-2799	1268	21	.	.	PUNCT
taxlaw-2799	1269	1	pomierski	pomierski	PROPN
taxlaw-2799	1269	2	and	and	CCONJ
taxlaw-2799	1269	3	kramer	kramer	PROPN
taxlaw-2799	1269	4	conclude	conclude	VERB
taxlaw-2799	1269	5	that	that	SCONJ
taxlaw-2799	1269	6	these	these	DET
taxlaw-2799	1269	7	contracts	contract	NOUN
taxlaw-2799	1269	8	constitute	constitute	VERB
taxlaw-2799	1269	9	rfcs	rfc	NOUN
taxlaw-2799	1269	10	.	.	PUNCT
taxlaw-2799	1270	1	it	it	PRON
taxlaw-2799	1270	2	appears	appear	VERB
taxlaw-2799	1270	3	that	that	SCONJ
taxlaw-2799	1270	4	nymex	nymex	PROPN
taxlaw-2799	1270	5	also	also	ADV
taxlaw-2799	1270	6	takes	take	VERB
taxlaw-2799	1270	7	that	that	DET
taxlaw-2799	1270	8	position	position	NOUN
taxlaw-2799	1270	9	.	.	PUNCT
taxlaw-2799	1271	1	62	62	NUM
taxlaw-2799	1271	2	columbia	columbia	PROPN
taxlaw-2799	1271	3	jour	jour	PROPN
taxlaw-2799	1271	4	al	al	PROPN
taxlaw-2799	1271	5	of	of	ADP
taxlaw-2799	1271	6	tax	tax	NOUN
taxlaw-2799	1271	7	law	law	NOUN
taxlaw-2799	1271	8	[	[	X
taxlaw-2799	1271	9	vol	vol	NOUN
taxlaw-2799	1271	10	.	.	PUNCT
taxlaw-2799	1271	11	2:1	2:1	NUM
taxlaw-2799	1271	12	cleared	clear	VERB
taxlaw-2799	1271	13	agricultural	agricultural	ADJ
taxlaw-2799	1271	14	swap	swap	NOUN
taxlaw-2799	1271	15	.	.	PUNCT
taxlaw-2799	1272	1	a	a	DET
taxlaw-2799	1272	2	cleared	clear	VERB
taxlaw-2799	1272	3	agricultural	agricultural	ADJ
taxlaw-2799	1272	4	swap	swap	NOUN
taxlaw-2799	1272	5	is	be	AUX
taxlaw-2799	1272	6	a	a	DET
taxlaw-2799	1272	7	privately	privately	ADV
taxlaw-2799	1272	8	negotiated	negotiate	VERB
taxlaw-2799	1272	9	contract	contract	NOUN
taxlaw-2799	1272	10	that	that	PRON
taxlaw-2799	1272	11	is	be	AUX
taxlaw-2799	1272	12	submitted	submit	VERB
taxlaw-2799	1272	13	to	to	ADP
taxlaw-2799	1272	14	the	the	DET
taxlaw-2799	1272	15	cme	cme	NOUN
taxlaw-2799	1272	16	for	for	ADP
taxlaw-2799	1272	17	clearing	clearing	NOUN
taxlaw-2799	1272	18	,	,	PUNCT
taxlaw-2799	1272	19	as	as	ADP
taxlaw-2799	1272	20	a	a	DET
taxlaw-2799	1272	21	result	result	NOUN
taxlaw-2799	1272	22	of	of	ADP
taxlaw-2799	1272	23	which	which	PRON
taxlaw-2799	1272	24	the	the	DET
taxlaw-2799	1272	25	cme	cme	NOUN
taxlaw-2799	1272	26	becomes	become	VERB
taxlaw-2799	1272	27	the	the	DET
taxlaw-2799	1272	28	legal	legal	ADJ
taxlaw-2799	1272	29	counterparty	counterparty	NOUN
taxlaw-2799	1272	30	to	to	ADP
taxlaw-2799	1272	31	both	both	DET
taxlaw-2799	1272	32	sides	side	NOUN
taxlaw-2799	1272	33	of	of	ADP
taxlaw-2799	1272	34	the	the	DET
taxlaw-2799	1272	35	contract	contract	NOUN
taxlaw-2799	1272	36	.	.	PUNCT
taxlaw-2799	1273	1	these	these	DET
taxlaw-2799	1273	2	swaps	swap	NOUN
taxlaw-2799	1273	3	are	be	AUX
taxlaw-2799	1273	4	listed	list	VERB
taxlaw-2799	1273	5	,	,	PUNCT
taxlaw-2799	1273	6	for	for	ADP
taxlaw-2799	1273	7	clearing	clear	VERB
taxlaw-2799	1273	8	only	only	ADV
taxlaw-2799	1273	9	,	,	PUNCT
taxlaw-2799	1273	10	on	on	ADP
taxlaw-2799	1273	11	the	the	DET
taxlaw-2799	1273	12	cbot	cbot	PROPN
taxlaw-2799	1273	13	.	.	PUNCT
taxlaw-2799	1274	1	that	that	PRON
taxlaw-2799	1274	2	is	be	AUX
taxlaw-2799	1274	3	,	,	PUNCT
taxlaw-2799	1274	4	unlike	unlike	ADP
taxlaw-2799	1274	5	the	the	DET
taxlaw-2799	1274	6	transactions	transaction	NOUN
taxlaw-2799	1274	7	described	describe	VERB
taxlaw-2799	1274	8	above	above	ADV
taxlaw-2799	1274	9	,	,	PUNCT
taxlaw-2799	1274	10	the	the	DET
taxlaw-2799	1274	11	contract	contract	NOUN
taxlaw-2799	1274	12	does	do	AUX
taxlaw-2799	1274	13	not	not	PART
taxlaw-2799	1274	14	become	become	VERB
taxlaw-2799	1274	15	a	a	DET
taxlaw-2799	1274	16	futures	future	NOUN
taxlaw-2799	1274	17	contract	contract	NOUN
taxlaw-2799	1274	18	.	.	PUNCT
taxlaw-2799	1275	1	there	there	PRON
taxlaw-2799	1275	2	are	be	VERB
taxlaw-2799	1275	3	several	several	ADJ
taxlaw-2799	1275	4	variations	variation	NOUN
taxlaw-2799	1275	5	of	of	ADP
taxlaw-2799	1275	6	such	such	ADJ
taxlaw-2799	1275	7	swaps	swap	NOUN
taxlaw-2799	1275	8	,	,	PUNCT
taxlaw-2799	1275	9	all	all	PRON
taxlaw-2799	1275	10	of	of	ADP
taxlaw-2799	1275	11	which	which	PRON
taxlaw-2799	1275	12	provide	provide	VERB
taxlaw-2799	1275	13	for	for	ADP
taxlaw-2799	1275	14	cash	cash	NOUN
taxlaw-2799	1275	15	-	-	PUNCT
taxlaw-2799	1275	16	settlement	settlement	NOUN
taxlaw-2799	1275	17	on	on	ADP
taxlaw-2799	1275	18	expiration	expiration	NOUN
taxlaw-2799	1275	19	in	in	ADP
taxlaw-2799	1275	20	an	an	DET
taxlaw-2799	1275	21	amount	amount	NOUN
taxlaw-2799	1275	22	determined	determine	VERB
taxlaw-2799	1275	23	in	in	ADP
taxlaw-2799	1275	24	part	part	NOUN
taxlaw-2799	1275	25	by	by	ADP
taxlaw-2799	1275	26	reference	reference	NOUN
taxlaw-2799	1275	27	to	to	ADP
taxlaw-2799	1275	28	the	the	DET
taxlaw-2799	1275	29	settlement	settlement	NOUN
taxlaw-2799	1275	30	price	price	NOUN
taxlaw-2799	1275	31	for	for	ADP
taxlaw-2799	1275	32	a	a	DET
taxlaw-2799	1275	33	specified	specify	VERB
taxlaw-2799	1275	34	futures	future	NOUN
taxlaw-2799	1275	35	contract	contract	NOUN
taxlaw-2799	1275	36	.	.	PUNCT
taxlaw-2799	1276	1	for	for	ADP
taxlaw-2799	1276	2	each	each	DET
taxlaw-2799	1276	3	type	type	NOUN
taxlaw-2799	1276	4	of	of	ADP
taxlaw-2799	1276	5	swap	swap	NOUN
taxlaw-2799	1276	6	,	,	PUNCT
taxlaw-2799	1276	7	cbot	cbot	PROPN
taxlaw-2799	1276	8	rules	rule	NOUN
taxlaw-2799	1276	9	set	set	VERB
taxlaw-2799	1276	10	forth	forth	ADP
taxlaw-2799	1276	11	their	their	PRON
taxlaw-2799	1276	12	terms	term	NOUN
taxlaw-2799	1276	13	.	.	PUNCT
taxlaw-2799	1277	1	not	not	PART
taxlaw-2799	1277	2	surprisingly	surprisingly	ADV
taxlaw-2799	1277	3	,	,	PUNCT
taxlaw-2799	1277	4	given	give	VERB
taxlaw-2799	1277	5	the	the	DET
taxlaw-2799	1277	6	pricing	pricing	NOUN
taxlaw-2799	1277	7	connection	connection	NOUN
taxlaw-2799	1277	8	to	to	ADP
taxlaw-2799	1277	9	futures	future	NOUN
taxlaw-2799	1277	10	contracts	contract	NOUN
taxlaw-2799	1277	11	,	,	PUNCT
taxlaw-2799	1277	12	these	these	DET
taxlaw-2799	1277	13	terms	term	NOUN
taxlaw-2799	1277	14	generally	generally	ADV
taxlaw-2799	1277	15	mimic	mimic	VERB
taxlaw-2799	1277	16	those	those	PRON
taxlaw-2799	1277	17	of	of	ADP
taxlaw-2799	1277	18	the	the	DET
taxlaw-2799	1277	19	related	relate	VERB
taxlaw-2799	1277	20	futures	future	NOUN
taxlaw-2799	1277	21	contract.111	contract.111	NOUN
taxlaw-2799	1277	22	such	such	ADJ
taxlaw-2799	1277	23	swaps	swap	NOUN
taxlaw-2799	1277	24	are	be	AUX
taxlaw-2799	1277	25	also	also	ADV
taxlaw-2799	1277	26	subject	subject	ADJ
taxlaw-2799	1277	27	to	to	ADP
taxlaw-2799	1277	28	the	the	DET
taxlaw-2799	1277	29	general	general	ADJ
taxlaw-2799	1277	30	provisions	provision	NOUN
taxlaw-2799	1277	31	of	of	ADP
taxlaw-2799	1277	32	cme	cme	PROPN
taxlaw-2799	1277	33	rule	rule	NOUN
taxlaw-2799	1277	34	8f	8f	NOUN
taxlaw-2799	1277	35	,	,	PUNCT
taxlaw-2799	1277	36	which	which	PRON
taxlaw-2799	1277	37	deals	deal	VERB
taxlaw-2799	1277	38	with	with	ADP
taxlaw-2799	1277	39	clearing	clear	VERB
taxlaw-2799	1277	40	otc	otc	PROPN
taxlaw-2799	1277	41	derivative	derivative	ADJ
taxlaw-2799	1277	42	contracts	contract	NOUN
taxlaw-2799	1277	43	.	.	PUNCT
taxlaw-2799	1278	1	because	because	SCONJ
taxlaw-2799	1278	2	most	most	ADJ
taxlaw-2799	1278	3	of	of	ADP
taxlaw-2799	1278	4	the	the	DET
taxlaw-2799	1278	5	terms	term	NOUN
taxlaw-2799	1278	6	of	of	ADP
taxlaw-2799	1278	7	the	the	DET
taxlaw-2799	1278	8	swaps	swap	NOUN
taxlaw-2799	1278	9	,	,	PUNCT
taxlaw-2799	1278	10	once	once	ADV
taxlaw-2799	1278	11	cleared	clear	VERB
taxlaw-2799	1278	12	,	,	PUNCT
taxlaw-2799	1278	13	are	be	AUX
taxlaw-2799	1278	14	fixed	fix	VERB
taxlaw-2799	1278	15	under	under	ADP
taxlaw-2799	1278	16	the	the	DET
taxlaw-2799	1278	17	rules	rule	NOUN
taxlaw-2799	1278	18	described	describe	VERB
taxlaw-2799	1278	19	above	above	ADV
taxlaw-2799	1278	20	,	,	PUNCT
taxlaw-2799	1278	21	negotiations	negotiation	NOUN
taxlaw-2799	1278	22	are	be	AUX
taxlaw-2799	1278	23	limited	limited	ADJ
taxlaw-2799	1278	24	,	,	PUNCT
taxlaw-2799	1278	25	generally	generally	ADV
taxlaw-2799	1278	26	to	to	ADP
taxlaw-2799	1278	27	the	the	DET
taxlaw-2799	1278	28	price	price	NOUN
taxlaw-2799	1278	29	,	,	PUNCT
taxlaw-2799	1278	30	settlement	settlement	NOUN
taxlaw-2799	1278	31	date	date	NOUN
taxlaw-2799	1278	32	,	,	PUNCT
taxlaw-2799	1278	33	and	and	CCONJ
taxlaw-2799	1278	34	in	in	ADP
taxlaw-2799	1278	35	some	some	DET
taxlaw-2799	1278	36	cases	case	NOUN
taxlaw-2799	1278	37	,	,	PUNCT
taxlaw-2799	1278	38	one	one	NUM
taxlaw-2799	1278	39	or	or	CCONJ
taxlaw-2799	1278	40	two	two	NUM
taxlaw-2799	1278	41	other	other	ADJ
taxlaw-2799	1278	42	terms	term	NOUN
taxlaw-2799	1278	43	.	.	PUNCT
taxlaw-2799	1279	1	it	it	PRON
taxlaw-2799	1279	2	is	be	AUX
taxlaw-2799	1279	3	understood	understand	VERB
taxlaw-2799	1279	4	by	by	ADP
taxlaw-2799	1279	5	the	the	DET
taxlaw-2799	1279	6	parties	party	NOUN
taxlaw-2799	1279	7	that	that	PRON
taxlaw-2799	1279	8	the	the	DET
taxlaw-2799	1279	9	swap	swap	NOUN
taxlaw-2799	1279	10	is	be	AUX
taxlaw-2799	1279	11	entered	enter	VERB
taxlaw-2799	1279	12	into	into	ADP
taxlaw-2799	1279	13	for	for	ADP
taxlaw-2799	1279	14	clearing	clearing	NOUN
taxlaw-2799	1279	15	,	,	PUNCT
taxlaw-2799	1279	16	and	and	CCONJ
taxlaw-2799	1279	17	market	market	NOUN
taxlaw-2799	1279	18	practice	practice	NOUN
taxlaw-2799	1279	19	is	be	AUX
taxlaw-2799	1279	20	to	to	PART
taxlaw-2799	1279	21	submit	submit	VERB
taxlaw-2799	1279	22	the	the	DET
taxlaw-2799	1279	23	swap	swap	NOUN
taxlaw-2799	1279	24	for	for	ADP
taxlaw-2799	1279	25	clearing	clear	VERB
taxlaw-2799	1279	26	immediately	immediately	ADV
taxlaw-2799	1279	27	after	after	ADP
taxlaw-2799	1279	28	agreeing	agree	VERB
taxlaw-2799	1279	29	to	to	ADP
taxlaw-2799	1279	30	its	its	PRON
taxlaw-2799	1279	31	terms	term	NOUN
taxlaw-2799	1279	32	.	.	PUNCT
taxlaw-2799	1280	1	there	there	PRON
taxlaw-2799	1280	2	is	be	VERB
taxlaw-2799	1280	3	no	no	DET
taxlaw-2799	1280	4	separate	separate	ADJ
taxlaw-2799	1280	5	documentation	documentation	NOUN
taxlaw-2799	1280	6	such	such	ADJ
taxlaw-2799	1280	7	as	as	ADP
taxlaw-2799	1280	8	a	a	DET
taxlaw-2799	1280	9	confirmation	confirmation	NOUN
taxlaw-2799	1280	10	for	for	ADP
taxlaw-2799	1280	11	the	the	DET
taxlaw-2799	1280	12	swap	swap	NOUN
taxlaw-2799	1280	13	before	before	SCONJ
taxlaw-2799	1280	14	it	it	PRON
taxlaw-2799	1280	15	is	be	AUX
taxlaw-2799	1280	16	cleared	clear	VERB
taxlaw-2799	1280	17	.	.	PUNCT
taxlaw-2799	1281	1	cleared	clear	VERB
taxlaw-2799	1281	2	interest	interest	NOUN
taxlaw-2799	1281	3	rate	rate	NOUN
taxlaw-2799	1281	4	swap	swap	NOUN
taxlaw-2799	1281	5	.	.	PUNCT
taxlaw-2799	1282	1	as	as	SCONJ
taxlaw-2799	1282	2	described	describe	VERB
taxlaw-2799	1282	3	in	in	ADP
taxlaw-2799	1282	4	section	section	PROPN
taxlaw-2799	1282	5	ii.a.3	ii.a.3	PROPN
taxlaw-2799	1282	6	,	,	PUNCT
taxlaw-2799	1282	7	above	above	ADV
taxlaw-2799	1282	8	,	,	PUNCT
taxlaw-2799	1282	9	a	a	DET
taxlaw-2799	1282	10	cleared	clear	VERB
taxlaw-2799	1282	11	interest	interest	NOUN
taxlaw-2799	1282	12	rate	rate	NOUN
taxlaw-2799	1282	13	swap	swap	NOUN
taxlaw-2799	1282	14	is	be	AUX
taxlaw-2799	1282	15	a	a	DET
taxlaw-2799	1282	16	privately	privately	ADV
taxlaw-2799	1282	17	negotiated	negotiate	VERB
taxlaw-2799	1282	18	contract	contract	NOUN
taxlaw-2799	1282	19	that	that	PRON
taxlaw-2799	1282	20	is	be	AUX
taxlaw-2799	1282	21	submitted	submit	VERB
taxlaw-2799	1282	22	to	to	ADP
taxlaw-2799	1282	23	a	a	DET
taxlaw-2799	1282	24	clearinghouse	clearinghouse	NOUN
taxlaw-2799	1282	25	such	such	ADJ
taxlaw-2799	1282	26	as	as	ADP
taxlaw-2799	1282	27	the	the	DET
taxlaw-2799	1282	28	cme	cme	NOUN
taxlaw-2799	1282	29	or	or	CCONJ
taxlaw-2799	1282	30	lch.clearnet	lch.clearnet	PROPN
taxlaw-2799	1282	31	(	(	PUNCT
taxlaw-2799	1282	32	which	which	PRON
taxlaw-2799	1282	33	does	do	AUX
taxlaw-2799	1282	34	not	not	PART
taxlaw-2799	1282	35	give	give	VERB
taxlaw-2799	1282	36	rise	rise	NOUN
taxlaw-2799	1282	37	to	to	ADP
taxlaw-2799	1282	38	a	a	DET
taxlaw-2799	1282	39	futures	future	NOUN
taxlaw-2799	1282	40	contract	contract	NOUN
taxlaw-2799	1282	41	)	)	PUNCT
taxlaw-2799	1282	42	or	or	CCONJ
taxlaw-2799	1282	43	idch	idch	NOUN
taxlaw-2799	1282	44	(	(	PUNCT
taxlaw-2799	1282	45	which	which	PRON
taxlaw-2799	1282	46	does	do	VERB
taxlaw-2799	1282	47	)	)	PUNCT
taxlaw-2799	1282	48	.	.	PUNCT
taxlaw-2799	1283	1	cleared	clear	VERB
taxlaw-2799	1283	2	cds	cd	NOUN
taxlaw-2799	1283	3	–	–	PUNCT
taxlaw-2799	1283	4	cme	cme	PROPN
taxlaw-2799	1283	5	.	.	PUNCT
taxlaw-2799	1284	1	as	as	SCONJ
taxlaw-2799	1284	2	described	describe	VERB
taxlaw-2799	1284	3	in	in	ADP
taxlaw-2799	1284	4	section	section	NOUN
taxlaw-2799	1284	5	ii.a.2(b	ii.a.2(b	PROPN
taxlaw-2799	1284	6	)	)	PUNCT
taxlaw-2799	1284	7	,	,	PUNCT
taxlaw-2799	1284	8	a	a	DET
taxlaw-2799	1284	9	cme	cme	NOUN
taxlaw-2799	1284	10	cleared	clear	VERB
taxlaw-2799	1284	11	cds	cd	NOUN
taxlaw-2799	1284	12	is	be	AUX
taxlaw-2799	1284	13	a	a	DET
taxlaw-2799	1284	14	privately	privately	ADV
taxlaw-2799	1284	15	negotiated	negotiate	VERB
taxlaw-2799	1284	16	contract	contract	NOUN
taxlaw-2799	1284	17	that	that	PRON
taxlaw-2799	1284	18	is	be	AUX
taxlaw-2799	1284	19	submitted	submit	VERB
taxlaw-2799	1284	20	to	to	ADP
taxlaw-2799	1284	21	the	the	DET
taxlaw-2799	1284	22	cme	cme	NOUN
taxlaw-2799	1284	23	for	for	ADP
taxlaw-2799	1284	24	clearing	clear	VERB
taxlaw-2799	1284	25	in	in	ADP
taxlaw-2799	1284	26	the	the	DET
taxlaw-2799	1284	27	same	same	ADJ
taxlaw-2799	1284	28	manner	manner	NOUN
taxlaw-2799	1284	29	as	as	SCONJ
taxlaw-2799	1284	30	described	describe	VERB
taxlaw-2799	1284	31	above	above	ADV
taxlaw-2799	1284	32	for	for	ADP
taxlaw-2799	1284	33	cleared	clear	VERB
taxlaw-2799	1284	34	agricultural	agricultural	ADJ
taxlaw-2799	1284	35	swaps	swap	NOUN
taxlaw-2799	1284	36	.	.	PUNCT
taxlaw-2799	1285	1	it	it	PRON
taxlaw-2799	1285	2	does	do	AUX
taxlaw-2799	1285	3	not	not	PART
taxlaw-2799	1285	4	become	become	VERB
taxlaw-2799	1285	5	a	a	DET
taxlaw-2799	1285	6	futures	future	NOUN
taxlaw-2799	1285	7	contract	contract	NOUN
taxlaw-2799	1285	8	.	.	PUNCT
taxlaw-2799	1286	1	cleared	clear	VERB
taxlaw-2799	1286	2	cds	cds	PROPN
taxlaw-2799	1286	3	contracts	contract	NOUN
taxlaw-2799	1286	4	are	be	AUX
taxlaw-2799	1286	5	subject	subject	ADJ
taxlaw-2799	1286	6	to	to	ADP
taxlaw-2799	1286	7	cme	cme	PROPN
taxlaw-2799	1286	8	rule	rule	NOUN
taxlaw-2799	1286	9	8f	8f	NOUN
taxlaw-2799	1286	10	,	,	PUNCT
taxlaw-2799	1286	11	described	describe	VERB
taxlaw-2799	1286	12	above	above	ADV
taxlaw-2799	1286	13	,	,	PUNCT
taxlaw-2799	1286	14	and	and	CCONJ
taxlaw-2799	1286	15	specific	specific	ADJ
taxlaw-2799	1286	16	111	111	NUM
taxlaw-2799	1286	17	for	for	ADP
taxlaw-2799	1286	18	example	example	NOUN
taxlaw-2799	1286	19	,	,	PUNCT
taxlaw-2799	1286	20	in	in	ADP
taxlaw-2799	1286	21	a	a	DET
taxlaw-2799	1286	22	“	"	PUNCT
taxlaw-2799	1286	23	calendar	calendar	NOUN
taxlaw-2799	1286	24	”	"	PUNCT
taxlaw-2799	1286	25	swap	swap	NOUN
taxlaw-2799	1286	26	,	,	PUNCT
taxlaw-2799	1286	27	one	one	NUM
taxlaw-2799	1286	28	party	party	NOUN
taxlaw-2799	1286	29	agrees	agree	VERB
taxlaw-2799	1286	30	to	to	PART
taxlaw-2799	1286	31	pay	pay	VERB
taxlaw-2799	1286	32	a	a	DET
taxlaw-2799	1286	33	fixed	fix	VERB
taxlaw-2799	1286	34	price	price	NOUN
taxlaw-2799	1286	35	per	per	ADP
taxlaw-2799	1286	36	bushel	bushel	NOUN
taxlaw-2799	1286	37	and	and	CCONJ
taxlaw-2799	1286	38	the	the	DET
taxlaw-2799	1286	39	other	other	ADJ
taxlaw-2799	1286	40	agrees	agree	VERB
taxlaw-2799	1286	41	to	to	PART
taxlaw-2799	1286	42	pay	pay	VERB
taxlaw-2799	1286	43	an	an	DET
taxlaw-2799	1286	44	amount	amount	NOUN
taxlaw-2799	1286	45	determined	determine	VERB
taxlaw-2799	1286	46	by	by	ADP
taxlaw-2799	1286	47	reference	reference	NOUN
taxlaw-2799	1286	48	to	to	ADP
taxlaw-2799	1286	49	the	the	DET
taxlaw-2799	1286	50	settlement	settlement	NOUN
taxlaw-2799	1286	51	price	price	NOUN
taxlaw-2799	1286	52	for	for	ADP
taxlaw-2799	1286	53	the	the	DET
taxlaw-2799	1286	54	futures	future	NOUN
taxlaw-2799	1286	55	contract	contract	NOUN
taxlaw-2799	1286	56	expiring	expire	VERB
taxlaw-2799	1286	57	in	in	ADP
taxlaw-2799	1286	58	the	the	DET
taxlaw-2799	1286	59	stated	state	VERB
taxlaw-2799	1286	60	month	month	NOUN
taxlaw-2799	1286	61	of	of	ADP
taxlaw-2799	1286	62	the	the	DET
taxlaw-2799	1286	63	contract	contract	NOUN
taxlaw-2799	1286	64	.	.	PUNCT
taxlaw-2799	1287	1	the	the	DET
taxlaw-2799	1287	2	cbot	cbot	PROPN
taxlaw-2799	1287	3	rules	rule	NOUN
taxlaw-2799	1287	4	set	set	VERB
taxlaw-2799	1287	5	forth	forth	ADP
taxlaw-2799	1287	6	the	the	DET
taxlaw-2799	1287	7	expiration	expiration	NOUN
taxlaw-2799	1287	8	date	date	NOUN
taxlaw-2799	1287	9	,	,	PUNCT
taxlaw-2799	1287	10	the	the	DET
taxlaw-2799	1287	11	unit	unit	NOUN
taxlaw-2799	1287	12	of	of	ADP
taxlaw-2799	1287	13	clearing	clearing	NOUN
taxlaw-2799	1287	14	(	(	PUNCT
taxlaw-2799	1287	15	the	the	DET
taxlaw-2799	1287	16	number	number	NOUN
taxlaw-2799	1287	17	of	of	ADP
taxlaw-2799	1287	18	bushels	bushel	NOUN
taxlaw-2799	1287	19	)	)	PUNCT
taxlaw-2799	1287	20	,	,	PUNCT
taxlaw-2799	1287	21	the	the	DET
taxlaw-2799	1287	22	minimum	minimum	ADJ
taxlaw-2799	1287	23	price	price	NOUN
taxlaw-2799	1287	24	increments	increment	NOUN
taxlaw-2799	1287	25	,	,	PUNCT
taxlaw-2799	1287	26	position	position	NOUN
taxlaw-2799	1287	27	limits	limit	NOUN
taxlaw-2799	1287	28	(	(	PUNCT
taxlaw-2799	1287	29	e.g.	e.g.	ADV
taxlaw-2799	1287	30	,	,	PUNCT
taxlaw-2799	1287	31	the	the	DET
taxlaw-2799	1287	32	number	number	NOUN
taxlaw-2799	1287	33	of	of	ADP
taxlaw-2799	1287	34	contracts	contract	NOUN
taxlaw-2799	1287	35	net	net	ADJ
taxlaw-2799	1287	36	long	long	ADJ
taxlaw-2799	1287	37	or	or	CCONJ
taxlaw-2799	1287	38	net	net	ADJ
taxlaw-2799	1287	39	short	short	ADJ
taxlaw-2799	1287	40	in	in	ADP
taxlaw-2799	1287	41	any	any	DET
taxlaw-2799	1287	42	single	single	ADJ
taxlaw-2799	1287	43	contract	contract	NOUN
taxlaw-2799	1287	44	month	month	NOUN
taxlaw-2799	1287	45	)	)	PUNCT
taxlaw-2799	1287	46	,	,	PUNCT
taxlaw-2799	1287	47	the	the	DET
taxlaw-2799	1287	48	time	time	NOUN
taxlaw-2799	1287	49	at	at	ADP
taxlaw-2799	1287	50	which	which	PRON
taxlaw-2799	1287	51	the	the	DET
taxlaw-2799	1287	52	contracts	contract	NOUN
taxlaw-2799	1287	53	will	will	AUX
taxlaw-2799	1287	54	be	be	AUX
taxlaw-2799	1287	55	cash	cash	NOUN
taxlaw-2799	1287	56	settled	settle	VERB
taxlaw-2799	1287	57	,	,	PUNCT
taxlaw-2799	1287	58	and	and	CCONJ
taxlaw-2799	1287	59	the	the	DET
taxlaw-2799	1287	60	settlement	settlement	NOUN
taxlaw-2799	1287	61	terms	term	NOUN
taxlaw-2799	1287	62	.	.	PUNCT
taxlaw-2799	1288	1	ice	ice	NOUN
taxlaw-2799	1288	2	also	also	ADV
taxlaw-2799	1288	3	clears	clear	VERB
taxlaw-2799	1288	4	agricultural	agricultural	ADJ
taxlaw-2799	1288	5	swaps	swap	NOUN
taxlaw-2799	1288	6	under	under	ADP
taxlaw-2799	1288	7	similar	similar	ADJ
taxlaw-2799	1288	8	arrangements	arrangement	NOUN
taxlaw-2799	1288	9	.	.	PUNCT
taxlaw-2799	1289	1	pomierski	pomierski	NOUN
taxlaw-2799	1289	2	describes	describe	NOUN
taxlaw-2799	1289	3	cleared	clear	VERB
taxlaw-2799	1289	4	energy	energy	NOUN
taxlaw-2799	1289	5	swaps	swap	NOUN
taxlaw-2799	1289	6	on	on	ADP
taxlaw-2799	1289	7	ice	ice	NOUN
taxlaw-2799	1289	8	that	that	PRON
taxlaw-2799	1289	9	appear	appear	VERB
taxlaw-2799	1289	10	to	to	PART
taxlaw-2799	1289	11	work	work	VERB
taxlaw-2799	1289	12	similarly	similarly	ADV
taxlaw-2799	1289	13	to	to	ADP
taxlaw-2799	1289	14	the	the	DET
taxlaw-2799	1289	15	cleared	clear	VERB
taxlaw-2799	1289	16	agricultural	agricultural	ADJ
taxlaw-2799	1289	17	swaps	swap	NOUN
taxlaw-2799	1289	18	described	describe	VERB
taxlaw-2799	1289	19	in	in	ADP
taxlaw-2799	1289	20	the	the	DET
taxlaw-2799	1289	21	text	text	NOUN
taxlaw-2799	1289	22	.	.	PUNCT
taxlaw-2799	1290	1	pomierski	pomierski	NOUN
taxlaw-2799	1290	2	,	,	PUNCT
taxlaw-2799	1290	3	supra	supra	PROPN
taxlaw-2799	1290	4	note	note	NOUN
taxlaw-2799	1290	5	49	49	NUM
taxlaw-2799	1290	6	,	,	PUNCT
taxlaw-2799	1290	7	at	at	ADP
taxlaw-2799	1290	8	§	§	PROPN
taxlaw-2799	1290	9	i.f.5	i.f.5	NOUN
taxlaw-2799	1290	10	;	;	PUNCT
taxlaw-2799	1290	11	see	see	VERB
taxlaw-2799	1290	12	also	also	ADV
taxlaw-2799	1290	13	kramer	kramer	PROPN
taxlaw-2799	1290	14	,	,	PUNCT
taxlaw-2799	1290	15	supra	supra	PROPN
taxlaw-2799	1290	16	note	note	PROPN
taxlaw-2799	1290	17	49	49	NUM
taxlaw-2799	1290	18	,	,	PUNCT
taxlaw-2799	1290	19	§	§	PROPN
taxlaw-2799	1290	20	62.01[b][2	62.01[b][2	PROPN
taxlaw-2799	1290	21	]	]	PUNCT
taxlaw-2799	1290	22	.	.	PUNCT
taxlaw-2799	1291	1	2011	2011	NUM
taxlaw-2799	1291	2	]	]	PUNCT
taxlaw-2799	1292	1	ew	ew	NOUN
taxlaw-2799	1292	2	tax	tax	NOUN
taxlaw-2799	1292	3	issues	issue	NOUN
taxlaw-2799	1292	4	arisi	arisi	VERB
taxlaw-2799	1292	5	g	g	PROPN
taxlaw-2799	1292	6	from	from	ADP
taxlaw-2799	1292	7	the	the	DET
taxlaw-2799	1292	8	dodd	dodd	NOUN
taxlaw-2799	1292	9	-	-	PUNCT
taxlaw-2799	1292	10	fra	fra	PROPN
taxlaw-2799	1292	11	k	k	PROPN
taxlaw-2799	1292	12	act	act	PROPN
taxlaw-2799	1292	13	63	63	NUM
taxlaw-2799	1292	14	rules	rule	NOUN
taxlaw-2799	1292	15	addressing	address	VERB
taxlaw-2799	1292	16	the	the	DET
taxlaw-2799	1292	17	clearing	clearing	NOUN
taxlaw-2799	1292	18	and	and	CCONJ
taxlaw-2799	1292	19	settlement	settlement	NOUN
taxlaw-2799	1292	20	of	of	ADP
taxlaw-2799	1292	21	cds	cd	NOUN
taxlaw-2799	1292	22	contracts	contract	NOUN
taxlaw-2799	1292	23	.	.	PUNCT
taxlaw-2799	1293	1	the	the	DET
taxlaw-2799	1293	2	cme	cme	PROPN
taxlaw-2799	1293	3	permits	permit	VERB
taxlaw-2799	1293	4	parties	party	NOUN
taxlaw-2799	1293	5	to	to	PART
taxlaw-2799	1293	6	submit	submit	VERB
taxlaw-2799	1293	7	already	already	ADV
taxlaw-2799	1293	8	outstanding	outstanding	ADJ
taxlaw-2799	1293	9	bilateral	bilateral	ADJ
taxlaw-2799	1293	10	cds	cd	NOUN
taxlaw-2799	1293	11	transactions	transaction	NOUN
taxlaw-2799	1293	12	for	for	ADP
taxlaw-2799	1293	13	clearing	clearing	NOUN
taxlaw-2799	1293	14	,	,	PUNCT
taxlaw-2799	1293	15	although	although	SCONJ
taxlaw-2799	1293	16	the	the	DET
taxlaw-2799	1293	17	terms	term	NOUN
taxlaw-2799	1293	18	of	of	ADP
taxlaw-2799	1293	19	those	those	DET
taxlaw-2799	1293	20	cds	cd	NOUN
taxlaw-2799	1293	21	will	will	AUX
taxlaw-2799	1293	22	be	be	AUX
taxlaw-2799	1293	23	restated	restate	VERB
taxlaw-2799	1293	24	in	in	ADP
taxlaw-2799	1293	25	standardized	standardized	ADJ
taxlaw-2799	1293	26	terms	term	NOUN
taxlaw-2799	1293	27	.	.	PUNCT
taxlaw-2799	1294	1	cleared	clear	VERB
taxlaw-2799	1294	2	cds	cd	NOUN
taxlaw-2799	1294	3	–	–	PUNCT
taxlaw-2799	1294	4	ice	ice	NOUN
taxlaw-2799	1294	5	trust	trust	NOUN
taxlaw-2799	1294	6	.	.	PUNCT
taxlaw-2799	1295	1	as	as	SCONJ
taxlaw-2799	1295	2	described	describe	VERB
taxlaw-2799	1295	3	in	in	ADP
taxlaw-2799	1295	4	section	section	PROPN
taxlaw-2799	1295	5	ii.a.2(a	ii.a.2(a	PROPN
taxlaw-2799	1295	6	)	)	PUNCT
taxlaw-2799	1295	7	,	,	PUNCT
taxlaw-2799	1295	8	above	above	ADV
taxlaw-2799	1295	9	,	,	PUNCT
taxlaw-2799	1295	10	an	an	DET
taxlaw-2799	1295	11	ice	ice	NOUN
taxlaw-2799	1295	12	trust	trust	NOUN
taxlaw-2799	1295	13	cleared	clear	VERB
taxlaw-2799	1295	14	cds	cd	NOUN
taxlaw-2799	1295	15	is	be	AUX
taxlaw-2799	1295	16	similar	similar	ADJ
taxlaw-2799	1295	17	to	to	ADP
taxlaw-2799	1295	18	a	a	DET
taxlaw-2799	1295	19	cme	cme	NOUN
taxlaw-2799	1295	20	cleared	clear	VERB
taxlaw-2799	1295	21	cds	cd	NOUN
taxlaw-2799	1295	22	.	.	PUNCT
taxlaw-2799	1296	1	however	however	ADV
taxlaw-2799	1296	2	,	,	PUNCT
taxlaw-2799	1296	3	ice	ice	PROPN
taxlaw-2799	1296	4	trust	trust	PROPN
taxlaw-2799	1296	5	u.s	u.s	PROPN
taxlaw-2799	1296	6	.	.	PROPN
taxlaw-2799	1296	7	is	be	AUX
taxlaw-2799	1296	8	a	a	DET
taxlaw-2799	1296	9	standalone	standalone	NOUN
taxlaw-2799	1296	10	clearinghouse	clearinghouse	NOUN
taxlaw-2799	1296	11	–	–	PUNCT
taxlaw-2799	1296	12	that	that	ADV
taxlaw-2799	1296	13	is	is	ADV
taxlaw-2799	1296	14	,	,	PUNCT
taxlaw-2799	1296	15	unlike	unlike	ADP
taxlaw-2799	1296	16	the	the	DET
taxlaw-2799	1296	17	cme	cme	PROPN
taxlaw-2799	1296	18	clearinghouse	clearinghouse	NOUN
taxlaw-2799	1296	19	,	,	PUNCT
taxlaw-2799	1296	20	its	its	PRON
taxlaw-2799	1296	21	only	only	ADJ
taxlaw-2799	1296	22	function	function	NOUN
taxlaw-2799	1296	23	is	be	AUX
taxlaw-2799	1296	24	to	to	PART
taxlaw-2799	1296	25	clear	clear	VERB
taxlaw-2799	1296	26	cds.112	cds.112	PROPN
taxlaw-2799	1296	27	the	the	DET
taxlaw-2799	1296	28	§	§	PROPN
taxlaw-2799	1296	29	1256	1256	NUM
taxlaw-2799	1296	30	tax	tax	NOUN
taxlaw-2799	1296	31	treatment	treatment	NOUN
taxlaw-2799	1296	32	of	of	ADP
taxlaw-2799	1296	33	these	these	DET
taxlaw-2799	1296	34	various	various	ADJ
taxlaw-2799	1296	35	contracts	contract	NOUN
taxlaw-2799	1296	36	as	as	SCONJ
taxlaw-2799	1296	37	“	"	PUNCT
taxlaw-2799	1296	38	traded	trade	VERB
taxlaw-2799	1296	39	on	on	ADP
taxlaw-2799	1296	40	or	or	CCONJ
taxlaw-2799	1296	41	subject	subject	VERB
taxlaw-2799	1296	42	to	to	ADP
taxlaw-2799	1296	43	the	the	DET
taxlaw-2799	1296	44	rules	rule	NOUN
taxlaw-2799	1296	45	of	of	ADP
taxlaw-2799	1296	46	”	"	PUNCT
taxlaw-2799	1296	47	a	a	DET
taxlaw-2799	1296	48	qbe	qbe	NOUN
taxlaw-2799	1296	49	is	be	AUX
taxlaw-2799	1296	50	clear	clear	ADJ
taxlaw-2799	1296	51	only	only	ADV
taxlaw-2799	1296	52	with	with	ADP
taxlaw-2799	1296	53	respect	respect	NOUN
taxlaw-2799	1296	54	to	to	ADP
taxlaw-2799	1296	55	a	a	DET
taxlaw-2799	1296	56	few	few	ADJ
taxlaw-2799	1296	57	of	of	ADP
taxlaw-2799	1296	58	the	the	DET
taxlaw-2799	1296	59	contracts	contract	NOUN
taxlaw-2799	1296	60	on	on	ADP
taxlaw-2799	1296	61	the	the	DET
taxlaw-2799	1296	62	list	list	NOUN
taxlaw-2799	1296	63	.	.	PUNCT
taxlaw-2799	1297	1	in	in	ADP
taxlaw-2799	1297	2	the	the	DET
taxlaw-2799	1297	3	case	case	NOUN
taxlaw-2799	1297	4	of	of	ADP
taxlaw-2799	1297	5	the	the	DET
taxlaw-2799	1297	6	mutual	mutual	ADJ
taxlaw-2799	1297	7	offset	offset	NOUN
taxlaw-2799	1297	8	system	system	NOUN
taxlaw-2799	1297	9	,	,	PUNCT
taxlaw-2799	1297	10	revenue	revenue	NOUN
taxlaw-2799	1297	11	ruling	rule	VERB
taxlaw-2799	1297	12	87	87	NUM
taxlaw-2799	1297	13	-	-	SYM
taxlaw-2799	1297	14	43	43	NUM
taxlaw-2799	1297	15	concludes	conclude	VERB
taxlaw-2799	1297	16	that	that	SCONJ
taxlaw-2799	1297	17	contracts	contract	NOUN
taxlaw-2799	1297	18	traded	trade	VERB
taxlaw-2799	1297	19	on	on	ADP
taxlaw-2799	1297	20	simex	simex	NOUN
taxlaw-2799	1297	21	and	and	CCONJ
taxlaw-2799	1297	22	transferred	transfer	VERB
taxlaw-2799	1297	23	to	to	ADP
taxlaw-2799	1297	24	the	the	DET
taxlaw-2799	1297	25	cme	cme	NOUN
taxlaw-2799	1297	26	are	be	AUX
taxlaw-2799	1297	27	rfcs.113	rfcs.113	ADJ
taxlaw-2799	1297	28	the	the	DET
taxlaw-2799	1297	29	revenue	revenue	NOUN
taxlaw-2799	1297	30	ruling	ruling	NOUN
taxlaw-2799	1297	31	is	be	AUX
taxlaw-2799	1297	32	discussed	discuss	VERB
taxlaw-2799	1297	33	in	in	ADP
taxlaw-2799	1297	34	more	more	ADJ
taxlaw-2799	1297	35	detail	detail	NOUN
taxlaw-2799	1297	36	in	in	ADP
taxlaw-2799	1297	37	section	section	NOUN
taxlaw-2799	1297	38	iii.b.3	iii.b.3	NOUN
taxlaw-2799	1297	39	,	,	PUNCT
taxlaw-2799	1297	40	below	below	ADV
taxlaw-2799	1297	41	.	.	PUNCT
taxlaw-2799	1298	1	the	the	DET
taxlaw-2799	1298	2	gist	gist	NOUN
taxlaw-2799	1298	3	of	of	ADP
taxlaw-2799	1298	4	the	the	DET
taxlaw-2799	1298	5	ruling	ruling	NOUN
taxlaw-2799	1298	6	is	be	AUX
taxlaw-2799	1298	7	essentially	essentially	ADV
taxlaw-2799	1298	8	that	that	SCONJ
taxlaw-2799	1298	9	under	under	ADP
taxlaw-2799	1298	10	step	step	NOUN
taxlaw-2799	1298	11	transaction	transaction	NOUN
taxlaw-2799	1298	12	principles	principle	NOUN
taxlaw-2799	1298	13	,	,	PUNCT
taxlaw-2799	1298	14	the	the	DET
taxlaw-2799	1298	15	taxpayer	taxpayer	NOUN
taxlaw-2799	1298	16	has	have	AUX
taxlaw-2799	1298	17	entered	enter	VERB
taxlaw-2799	1298	18	into	into	ADP
taxlaw-2799	1298	19	an	an	DET
taxlaw-2799	1298	20	rfc	rfc	NOUN
taxlaw-2799	1298	21	in	in	ADP
taxlaw-2799	1298	22	such	such	DET
taxlaw-2799	1298	23	a	a	DET
taxlaw-2799	1298	24	case	case	NOUN
taxlaw-2799	1298	25	.	.	PUNCT
taxlaw-2799	1299	1	these	these	DET
taxlaw-2799	1299	2	principles	principle	NOUN
taxlaw-2799	1299	3	would	would	AUX
taxlaw-2799	1299	4	seem	seem	VERB
taxlaw-2799	1299	5	to	to	PART
taxlaw-2799	1299	6	apply	apply	VERB
taxlaw-2799	1299	7	to	to	ADP
taxlaw-2799	1299	8	efps	efps	NOUN
taxlaw-2799	1299	9	and	and	CCONJ
taxlaw-2799	1299	10	efss	efss	VERB
taxlaw-2799	1299	11	that	that	DET
taxlaw-2799	1299	12	result	result	NOUN
taxlaw-2799	1299	13	in	in	ADP
taxlaw-2799	1299	14	futures	future	NOUN
taxlaw-2799	1299	15	contracts	contract	NOUN
taxlaw-2799	1299	16	as	as	ADV
taxlaw-2799	1299	17	well	well	ADV
taxlaw-2799	1299	18	.	.	PUNCT
taxlaw-2799	1300	1	market	market	NOUN
taxlaw-2799	1300	2	participants	participant	NOUN
taxlaw-2799	1300	3	apparently	apparently	ADV
taxlaw-2799	1300	4	take	take	VERB
taxlaw-2799	1300	5	that	that	DET
taxlaw-2799	1300	6	view	view	NOUN
taxlaw-2799	1300	7	,	,	PUNCT
taxlaw-2799	1300	8	but	but	CCONJ
taxlaw-2799	1300	9	no	no	DET
taxlaw-2799	1300	10	authority	authority	NOUN
taxlaw-2799	1300	11	addresses	address	VERB
taxlaw-2799	1300	12	the	the	DET
taxlaw-2799	1300	13	issue	issue	NOUN
taxlaw-2799	1300	14	.	.	PUNCT
taxlaw-2799	1301	1	conversely	conversely	ADV
taxlaw-2799	1301	2	,	,	PUNCT
taxlaw-2799	1301	3	the	the	DET
taxlaw-2799	1301	4	cdss	cdss	NOUN
taxlaw-2799	1301	5	cleared	clear	VERB
taxlaw-2799	1301	6	by	by	ADP
taxlaw-2799	1301	7	ice	ice	NOUN
taxlaw-2799	1301	8	trust	trust	NOUN
taxlaw-2799	1301	9	are	be	AUX
taxlaw-2799	1301	10	traded	trade	VERB
taxlaw-2799	1301	11	on	on	ADP
taxlaw-2799	1301	12	an	an	DET
taxlaw-2799	1301	13	otc	otc	PROPN
taxlaw-2799	1301	14	basis	basis	NOUN
taxlaw-2799	1301	15	and	and	CCONJ
taxlaw-2799	1301	16	are	be	AUX
taxlaw-2799	1301	17	“	"	PUNCT
taxlaw-2799	1301	18	subject	subject	ADJ
taxlaw-2799	1301	19	to	to	ADP
taxlaw-2799	1301	20	the	the	DET
taxlaw-2799	1301	21	rules	rule	NOUN
taxlaw-2799	1301	22	of	of	ADP
taxlaw-2799	1301	23	”	"	PUNCT
taxlaw-2799	1301	24	a	a	DET
taxlaw-2799	1301	25	clearinghouse	clearinghouse	NOUN
taxlaw-2799	1301	26	only	only	ADV
taxlaw-2799	1301	27	.	.	PUNCT
taxlaw-2799	1302	1	those	those	DET
taxlaw-2799	1302	2	rules	rule	NOUN
taxlaw-2799	1302	3	are	be	AUX
taxlaw-2799	1302	4	independent	independent	ADJ
taxlaw-2799	1302	5	of	of	ADP
taxlaw-2799	1302	6	any	any	DET
taxlaw-2799	1302	7	rules	rule	NOUN
taxlaw-2799	1302	8	of	of	ADP
taxlaw-2799	1302	9	any	any	DET
taxlaw-2799	1302	10	exchange	exchange	NOUN
taxlaw-2799	1302	11	.	.	PUNCT
taxlaw-2799	1303	1	a	a	DET
taxlaw-2799	1303	2	qbe	qbe	NOUN
taxlaw-2799	1303	3	,	,	PUNCT
taxlaw-2799	1303	4	as	as	SCONJ
taxlaw-2799	1303	5	described	describe	VERB
taxlaw-2799	1303	6	above	above	ADV
taxlaw-2799	1303	7	,	,	PUNCT
taxlaw-2799	1303	8	means	mean	VERB
taxlaw-2799	1303	9	an	an	DET
taxlaw-2799	1303	10	sec	sec	PROPN
taxlaw-2799	1303	11	-	-	PUNCT
taxlaw-2799	1303	12	regulated	regulate	VERB
taxlaw-2799	1303	13	national	national	ADJ
taxlaw-2799	1303	14	securities	security	NOUN
taxlaw-2799	1303	15	exchange	exchange	NOUN
taxlaw-2799	1303	16	,	,	PUNCT
taxlaw-2799	1303	17	a	a	DET
taxlaw-2799	1303	18	domestic	domestic	ADJ
taxlaw-2799	1303	19	board	board	NOUN
taxlaw-2799	1303	20	of	of	ADP
taxlaw-2799	1303	21	trade	trade	NOUN
taxlaw-2799	1303	22	designated	designate	VERB
taxlaw-2799	1303	23	as	as	ADP
taxlaw-2799	1303	24	a	a	DET
taxlaw-2799	1303	25	contract	contract	NOUN
taxlaw-2799	1303	26	market	market	NOUN
taxlaw-2799	1303	27	by	by	ADP
taxlaw-2799	1303	28	the	the	DET
taxlaw-2799	1303	29	cftc	cftc	PROPN
taxlaw-2799	1303	30	,	,	PUNCT
taxlaw-2799	1303	31	or	or	CCONJ
taxlaw-2799	1303	32	any	any	DET
taxlaw-2799	1303	33	other	other	ADJ
taxlaw-2799	1303	34	market	market	NOUN
taxlaw-2799	1303	35	that	that	PRON
taxlaw-2799	1303	36	the	the	DET
taxlaw-2799	1303	37	treasury	treasury	NOUN
taxlaw-2799	1303	38	determines	determine	VERB
taxlaw-2799	1303	39	has	have	VERB
taxlaw-2799	1303	40	rules	rule	NOUN
taxlaw-2799	1303	41	that	that	PRON
taxlaw-2799	1303	42	are	be	AUX
taxlaw-2799	1303	43	adequate	adequate	ADJ
taxlaw-2799	1303	44	to	to	PART
taxlaw-2799	1303	45	carry	carry	VERB
taxlaw-2799	1303	46	out	out	ADP
taxlaw-2799	1303	47	the	the	DET
taxlaw-2799	1303	48	purposes	purpose	NOUN
taxlaw-2799	1303	49	of	of	ADP
taxlaw-2799	1303	50	§	§	PROPN
taxlaw-2799	1303	51	1256	1256	NUM
taxlaw-2799	1303	52	.	.	PUNCT
taxlaw-2799	1304	1	a	a	DET
taxlaw-2799	1304	2	stand	stand	VERB
taxlaw-2799	1304	3	-	-	PUNCT
taxlaw-2799	1304	4	alone	alone	ADJ
taxlaw-2799	1304	5	clearinghouse	clearinghouse	NOUN
taxlaw-2799	1304	6	fits	fit	VERB
taxlaw-2799	1304	7	neither	neither	PRON
taxlaw-2799	1304	8	of	of	ADP
taxlaw-2799	1304	9	the	the	DET
taxlaw-2799	1304	10	first	first	ADJ
taxlaw-2799	1304	11	two	two	NUM
taxlaw-2799	1304	12	categories	category	NOUN
taxlaw-2799	1304	13	,	,	PUNCT
taxlaw-2799	1304	14	and	and	CCONJ
taxlaw-2799	1304	15	ice	ice	NOUN
taxlaw-2799	1304	16	trust	trust	NOUN
taxlaw-2799	1304	17	has	have	AUX
taxlaw-2799	1304	18	not	not	PART
taxlaw-2799	1304	19	been	be	AUX
taxlaw-2799	1304	20	designated	designate	VERB
taxlaw-2799	1304	21	by	by	ADP
taxlaw-2799	1304	22	the	the	DET
taxlaw-2799	1304	23	service	service	NOUN
taxlaw-2799	1304	24	as	as	ADP
taxlaw-2799	1304	25	a	a	DET
taxlaw-2799	1304	26	qbe	qbe	NOUN
taxlaw-2799	1304	27	.	.	PUNCT
taxlaw-2799	1305	1	accordingly	accordingly	ADV
taxlaw-2799	1305	2	,	,	PUNCT
taxlaw-2799	1305	3	cdss	cdss	PROPN
taxlaw-2799	1305	4	cleared	clear	VERB
taxlaw-2799	1305	5	by	by	ADP
taxlaw-2799	1305	6	ice	ice	NOUN
taxlaw-2799	1305	7	trust	trust	NOUN
taxlaw-2799	1305	8	are	be	AUX
taxlaw-2799	1305	9	not	not	PART
taxlaw-2799	1305	10	“	"	PUNCT
taxlaw-2799	1305	11	subject	subject	ADJ
taxlaw-2799	1305	12	to	to	ADP
taxlaw-2799	1305	13	”	"	PUNCT
taxlaw-2799	1305	14	the	the	DET
taxlaw-2799	1305	15	rules	rule	NOUN
taxlaw-2799	1305	16	of	of	ADP
taxlaw-2799	1305	17	an	an	DET
taxlaw-2799	1305	18	exchange	exchange	NOUN
taxlaw-2799	1305	19	,	,	PUNCT
taxlaw-2799	1305	20	and	and	CCONJ
taxlaw-2799	1305	21	are	be	AUX
taxlaw-2799	1305	22	therefore	therefore	ADV
taxlaw-2799	1305	23	not	not	PART
taxlaw-2799	1305	24	section	section	NOUN
taxlaw-2799	1305	25	1256	1256	NUM
taxlaw-2799	1305	26	contracts.114	contracts.114	NOUN
taxlaw-2799	1305	27	interest	interest	NOUN
taxlaw-2799	1305	28	rate	rate	NOUN
taxlaw-2799	1305	29	swaps	swap	NOUN
taxlaw-2799	1305	30	cleared	clear	VERB
taxlaw-2799	1305	31	by	by	ADP
taxlaw-2799	1305	32	lch.clearnet	lch.clearnet	PROPN
taxlaw-2799	1305	33	are	be	AUX
taxlaw-2799	1305	34	not	not	PART
taxlaw-2799	1305	35	section	section	NOUN
taxlaw-2799	1305	36	1256	1256	NUM
taxlaw-2799	1305	37	contracts	contract	NOUN
taxlaw-2799	1305	38	for	for	ADP
taxlaw-2799	1305	39	the	the	DET
taxlaw-2799	1305	40	same	same	ADJ
taxlaw-2799	1305	41	reason	reason	NOUN
taxlaw-2799	1305	42	,	,	PUNCT
taxlaw-2799	1305	43	and	and	CCONJ
taxlaw-2799	1305	44	the	the	DET
taxlaw-2799	1305	45	author	author	NOUN
taxlaw-2799	1305	46	is	be	AUX
taxlaw-2799	1305	47	aware	aware	ADJ
taxlaw-2799	1305	48	of	of	ADP
taxlaw-2799	1305	49	no	no	DET
taxlaw-2799	1305	50	debate	debate	NOUN
taxlaw-2799	1305	51	over	over	ADP
taxlaw-2799	1305	52	that	that	DET
taxlaw-2799	1305	53	issue	issue	NOUN
taxlaw-2799	1305	54	.	.	PUNCT
taxlaw-2799	1306	1	admittedly	admittedly	ADV
taxlaw-2799	1306	2	,	,	PUNCT
taxlaw-2799	1306	3	it	it	PRON
taxlaw-2799	1306	4	is	be	AUX
taxlaw-2799	1306	5	possible	possible	ADJ
taxlaw-2799	1306	6	that	that	SCONJ
taxlaw-2799	1306	7	the	the	DET
taxlaw-2799	1306	8	lack	lack	NOUN
taxlaw-2799	1306	9	of	of	ADP
taxlaw-2799	1306	10	interest	interest	NOUN
taxlaw-2799	1306	11	in	in	ADP
taxlaw-2799	1306	12	this	this	DET
taxlaw-2799	1306	13	topic	topic	NOUN
taxlaw-2799	1306	14	has	have	VERB
taxlaw-2799	1306	15	something	something	PRON
taxlaw-2799	1306	16	to	to	PART
taxlaw-2799	1306	17	do	do	VERB
taxlaw-2799	1306	18	with	with	ADP
taxlaw-2799	1306	19	historic	historic	ADJ
taxlaw-2799	1306	20	lack	lack	NOUN
taxlaw-2799	1306	21	of	of	ADP
taxlaw-2799	1306	22	awareness	awareness	NOUN
taxlaw-2799	1306	23	in	in	ADP
taxlaw-2799	1306	24	the	the	DET
taxlaw-2799	1306	25	tax	tax	NOUN
taxlaw-2799	1306	26	community	community	NOUN
taxlaw-2799	1306	27	that	that	SCONJ
taxlaw-2799	1306	28	many	many	ADJ
taxlaw-2799	1306	29	interest	interest	NOUN
taxlaw-2799	1306	30	rate	rate	NOUN
taxlaw-2799	1306	31	swaps	swap	NOUN
taxlaw-2799	1306	32	are	be	AUX
taxlaw-2799	1306	33	cleared	clear	VERB
taxlaw-2799	1306	34	.	.	PUNCT
taxlaw-2799	1307	1	the	the	DET
taxlaw-2799	1307	2	principal	principal	ADJ
taxlaw-2799	1307	3	conclusion	conclusion	NOUN
taxlaw-2799	1307	4	from	from	ADP
taxlaw-2799	1307	5	examining	examine	VERB
taxlaw-2799	1307	6	the	the	DET
taxlaw-2799	1307	7	other	other	ADJ
taxlaw-2799	1307	8	contracts	contract	NOUN
taxlaw-2799	1307	9	on	on	ADP
taxlaw-2799	1307	10	the	the	DET
taxlaw-2799	1307	11	list	list	NOUN
taxlaw-2799	1307	12	is	be	AUX
taxlaw-2799	1307	13	that	that	SCONJ
taxlaw-2799	1307	14	the	the	DET
taxlaw-2799	1307	15	statutory	statutory	ADJ
taxlaw-2799	1307	16	language	language	NOUN
taxlaw-2799	1307	17	is	be	AUX
taxlaw-2799	1307	18	in	in	ADP
taxlaw-2799	1307	19	need	need	NOUN
taxlaw-2799	1307	20	of	of	ADP
taxlaw-2799	1307	21	some	some	DET
taxlaw-2799	1307	22	gloss	gloss	NOUN
taxlaw-2799	1307	23	.	.	PUNCT
taxlaw-2799	1308	1	for	for	ADP
taxlaw-2799	1308	2	example	example	NOUN
taxlaw-2799	1308	3	,	,	PUNCT
taxlaw-2799	1308	4	what	what	PRON
taxlaw-2799	1308	5	does	do	AUX
taxlaw-2799	1308	6	it	it	PRON
taxlaw-2799	1308	7	mean	mean	VERB
taxlaw-2799	1308	8	to	to	PART
taxlaw-2799	1308	9	be	be	AUX
taxlaw-2799	1308	10	“	"	PUNCT
taxlaw-2799	1308	11	traded	trade	VERB
taxlaw-2799	1308	12	”	"	PUNCT
taxlaw-2799	1308	13	on	on	ADP
taxlaw-2799	1308	14	a	a	DET
taxlaw-2799	1308	15	qbe	qbe	NOUN
taxlaw-2799	1308	16	?	?	PUNCT
taxlaw-2799	1309	1	that	that	DET
taxlaw-2799	1309	2	word	word	NOUN
taxlaw-2799	1309	3	ordinarily	ordinarily	ADV
taxlaw-2799	1309	4	connotes	connote	VERB
taxlaw-2799	1309	5	the	the	DET
taxlaw-2799	1309	6	purchase	purchase	NOUN
taxlaw-2799	1309	7	and	and	CCONJ
taxlaw-2799	1309	8	sale	sale	NOUN
taxlaw-2799	1309	9	of	of	ADP
taxlaw-2799	1309	10	an	an	DET
taxlaw-2799	1309	11	asset	asset	NOUN
taxlaw-2799	1309	12	.	.	PUNCT
taxlaw-2799	1310	1	rfcs	rfc	NOUN
taxlaw-2799	1310	2	,	,	PUNCT
taxlaw-2799	1310	3	however	however	ADV
taxlaw-2799	1310	4	,	,	PUNCT
taxlaw-2799	1310	5	are	be	AUX
taxlaw-2799	1310	6	not	not	PART
taxlaw-2799	1310	7	bought	buy	VERB
taxlaw-2799	1310	8	and	and	CCONJ
taxlaw-2799	1310	9	sold	sell	VERB
taxlaw-2799	1310	10	in	in	ADP
taxlaw-2799	1310	11	the	the	DET
taxlaw-2799	1310	12	usual	usual	ADJ
taxlaw-2799	1310	13	sense	sense	NOUN
taxlaw-2799	1310	14	.	.	PUNCT
taxlaw-2799	1311	1	an	an	DET
taxlaw-2799	1311	2	rfc	rfc	NOUN
taxlaw-2799	1311	3	is	be	AUX
taxlaw-2799	1311	4	a	a	DET
taxlaw-2799	1311	5	contract	contract	NOUN
taxlaw-2799	1311	6	that	that	PRON
taxlaw-2799	1311	7	a	a	DET
taxlaw-2799	1311	8	taxpayer	taxpayer	NOUN
taxlaw-2799	1311	9	enters	enter	VERB
taxlaw-2799	1311	10	into	into	ADP
taxlaw-2799	1311	11	.	.	PUNCT
taxlaw-2799	1312	1	when	when	SCONJ
taxlaw-2799	1312	2	112	112	NUM
taxlaw-2799	1312	3	ice	ice	NOUN
taxlaw-2799	1312	4	trust	trust	NOUN
taxlaw-2799	1312	5	is	be	AUX
taxlaw-2799	1312	6	a	a	DET
taxlaw-2799	1312	7	joint	joint	ADJ
taxlaw-2799	1312	8	venture	venture	NOUN
taxlaw-2799	1312	9	between	between	ADP
taxlaw-2799	1312	10	the	the	DET
taxlaw-2799	1312	11	intercontinentalexchange	intercontinentalexchange	NOUN
taxlaw-2799	1312	12	(	(	PUNCT
taxlaw-2799	1312	13	“	"	PUNCT
taxlaw-2799	1312	14	ice	ice	NOUN
taxlaw-2799	1312	15	”	"	PUNCT
taxlaw-2799	1312	16	)	)	PUNCT
taxlaw-2799	1312	17	and	and	CCONJ
taxlaw-2799	1312	18	a	a	DET
taxlaw-2799	1312	19	consortium	consortium	NOUN
taxlaw-2799	1312	20	of	of	ADP
taxlaw-2799	1312	21	dealers	dealer	NOUN
taxlaw-2799	1312	22	.	.	PUNCT
taxlaw-2799	1313	1	ice	ice	NOUN
taxlaw-2799	1313	2	operates	operate	VERB
taxlaw-2799	1313	3	a	a	DET
taxlaw-2799	1313	4	number	number	NOUN
taxlaw-2799	1313	5	of	of	ADP
taxlaw-2799	1313	6	exchanges	exchange	NOUN
taxlaw-2799	1313	7	,	,	PUNCT
taxlaw-2799	1313	8	but	but	CCONJ
taxlaw-2799	1313	9	their	their	PRON
taxlaw-2799	1313	10	operations	operation	NOUN
taxlaw-2799	1313	11	are	be	AUX
taxlaw-2799	1313	12	separate	separate	ADJ
taxlaw-2799	1313	13	from	from	ADP
taxlaw-2799	1313	14	those	those	PRON
taxlaw-2799	1313	15	of	of	ADP
taxlaw-2799	1313	16	ice	ice	NOUN
taxlaw-2799	1313	17	trust	trust	NOUN
taxlaw-2799	1313	18	.	.	PUNCT
taxlaw-2799	1314	1	113	113	NUM
taxlaw-2799	1314	2	rev	rev	X
taxlaw-2799	1314	3	.	.	PUNCT
taxlaw-2799	1314	4	rul	rul	NOUN
taxlaw-2799	1314	5	.	.	PUNCT
taxlaw-2799	1315	1	87	87	NUM
taxlaw-2799	1315	2	-	-	SYM
taxlaw-2799	1315	3	43	43	NUM
taxlaw-2799	1315	4	,	,	PUNCT
taxlaw-2799	1315	5	1987	1987	NUM
taxlaw-2799	1315	6	-	-	SYM
taxlaw-2799	1315	7	1	1	NUM
taxlaw-2799	1315	8	c.b	c.b	PROPN
taxlaw-2799	1315	9	.	.	PROPN
taxlaw-2799	1315	10	252	252	NUM
taxlaw-2799	1315	11	.	.	PUNCT
taxlaw-2799	1315	12	114	114	NUM
taxlaw-2799	1316	1	some	some	DET
taxlaw-2799	1316	2	commentators	commentator	NOUN
taxlaw-2799	1316	3	have	have	AUX
taxlaw-2799	1316	4	speculated	speculate	VERB
taxlaw-2799	1316	5	about	about	ADP
taxlaw-2799	1316	6	whether	whether	SCONJ
taxlaw-2799	1316	7	this	this	DET
taxlaw-2799	1316	8	issue	issue	NOUN
taxlaw-2799	1316	9	was	be	AUX
taxlaw-2799	1316	10	considered	consider	VERB
taxlaw-2799	1316	11	when	when	SCONJ
taxlaw-2799	1316	12	ice	ice	NOUN
taxlaw-2799	1316	13	trust	trust	NOUN
taxlaw-2799	1316	14	was	be	AUX
taxlaw-2799	1316	15	formed	form	VERB
taxlaw-2799	1316	16	.	.	PUNCT
taxlaw-2799	1317	1	as	as	ADP
taxlaw-2799	1317	2	the	the	DET
taxlaw-2799	1317	3	principal	principal	ADJ
taxlaw-2799	1317	4	tax	tax	NOUN
taxlaw-2799	1317	5	advisor	advisor	NOUN
taxlaw-2799	1317	6	on	on	ADP
taxlaw-2799	1317	7	issues	issue	NOUN
taxlaw-2799	1317	8	relating	relate	VERB
taxlaw-2799	1317	9	to	to	ADP
taxlaw-2799	1317	10	the	the	DET
taxlaw-2799	1317	11	clearing	clearing	NOUN
taxlaw-2799	1317	12	process	process	NOUN
taxlaw-2799	1317	13	,	,	PUNCT
taxlaw-2799	1317	14	i	i	PRON
taxlaw-2799	1317	15	can	can	AUX
taxlaw-2799	1317	16	confirm	confirm	VERB
taxlaw-2799	1317	17	that	that	SCONJ
taxlaw-2799	1317	18	it	it	PRON
taxlaw-2799	1317	19	was	be	AUX
taxlaw-2799	1317	20	.	.	PUNCT
taxlaw-2799	1318	1	64	64	NUM
taxlaw-2799	1318	2	columbia	columbia	PROPN
taxlaw-2799	1318	3	jour	jour	PROPN
taxlaw-2799	1318	4	al	al	PROPN
taxlaw-2799	1318	5	of	of	ADP
taxlaw-2799	1318	6	tax	tax	NOUN
taxlaw-2799	1318	7	law	law	NOUN
taxlaw-2799	1318	8	[	[	X
taxlaw-2799	1318	9	vol	vol	NOUN
taxlaw-2799	1318	10	.	.	PUNCT
taxlaw-2799	1318	11	2:1	2:1	NUM
taxlaw-2799	1319	1	the	the	DET
taxlaw-2799	1319	2	taxpayer	taxpayer	NOUN
taxlaw-2799	1319	3	wishes	wish	VERB
taxlaw-2799	1319	4	to	to	PART
taxlaw-2799	1319	5	dispose	dispose	VERB
taxlaw-2799	1319	6	of	of	ADP
taxlaw-2799	1319	7	its	its	PRON
taxlaw-2799	1319	8	interest	interest	NOUN
taxlaw-2799	1319	9	in	in	ADP
taxlaw-2799	1319	10	the	the	DET
taxlaw-2799	1319	11	rfc	rfc	NOUN
taxlaw-2799	1319	12	,	,	PUNCT
taxlaw-2799	1319	13	it	it	PRON
taxlaw-2799	1319	14	enters	enter	VERB
taxlaw-2799	1319	15	into	into	ADP
taxlaw-2799	1319	16	an	an	DET
taxlaw-2799	1319	17	offsetting	offset	VERB
taxlaw-2799	1319	18	rfc	rfc	NOUN
taxlaw-2799	1319	19	,	,	PUNCT
taxlaw-2799	1319	20	and	and	CCONJ
taxlaw-2799	1319	21	its	its	PRON
taxlaw-2799	1319	22	original	original	ADJ
taxlaw-2799	1319	23	rfc	rfc	NOUN
taxlaw-2799	1319	24	is	be	AUX
taxlaw-2799	1319	25	terminated	terminate	VERB
taxlaw-2799	1319	26	.	.	PUNCT
taxlaw-2799	1320	1	this	this	PRON
taxlaw-2799	1320	2	has	have	VERB
taxlaw-2799	1320	3	very	very	ADV
taxlaw-2799	1320	4	much	much	ADV
taxlaw-2799	1320	5	the	the	DET
taxlaw-2799	1320	6	same	same	ADJ
taxlaw-2799	1320	7	effect	effect	NOUN
taxlaw-2799	1320	8	as	as	SCONJ
taxlaw-2799	1320	9	if	if	SCONJ
taxlaw-2799	1320	10	the	the	DET
taxlaw-2799	1320	11	taxpayer	taxpayer	NOUN
taxlaw-2799	1320	12	had	have	AUX
taxlaw-2799	1320	13	sold	sell	VERB
taxlaw-2799	1320	14	its	its	PRON
taxlaw-2799	1320	15	original	original	ADJ
taxlaw-2799	1320	16	rfc	rfc	NOUN
taxlaw-2799	1320	17	to	to	ADP
taxlaw-2799	1320	18	its	its	PRON
taxlaw-2799	1320	19	counterparty	counterparty	NOUN
taxlaw-2799	1320	20	in	in	ADP
taxlaw-2799	1320	21	the	the	DET
taxlaw-2799	1320	22	close	close	VERB
taxlaw-2799	1320	23	-	-	PUNCT
taxlaw-2799	1320	24	out	out	ADP
taxlaw-2799	1320	25	transaction	transaction	NOUN
taxlaw-2799	1320	26	,	,	PUNCT
taxlaw-2799	1320	27	but	but	CCONJ
taxlaw-2799	1320	28	it	it	PRON
taxlaw-2799	1320	29	is	be	AUX
taxlaw-2799	1320	30	technically	technically	ADV
taxlaw-2799	1320	31	an	an	DET
taxlaw-2799	1320	32	offset	offset	NOUN
taxlaw-2799	1320	33	and	and	CCONJ
taxlaw-2799	1320	34	neither	neither	CCONJ
taxlaw-2799	1320	35	a	a	DET
taxlaw-2799	1320	36	sale	sale	NOUN
taxlaw-2799	1320	37	nor	nor	CCONJ
taxlaw-2799	1320	38	assignment	assignment	NOUN
taxlaw-2799	1320	39	.	.	PUNCT
taxlaw-2799	1321	1	the	the	DET
taxlaw-2799	1321	2	definition	definition	NOUN
taxlaw-2799	1321	3	of	of	ADP
taxlaw-2799	1321	4	“	"	PUNCT
taxlaw-2799	1321	5	foreign	foreign	ADJ
taxlaw-2799	1321	6	currency	currency	NOUN
taxlaw-2799	1321	7	contract	contract	NOUN
taxlaw-2799	1321	8	,	,	PUNCT
taxlaw-2799	1321	9	”	"	PUNCT
taxlaw-2799	1321	10	discussed	discuss	VERB
taxlaw-2799	1321	11	below	below	ADV
taxlaw-2799	1321	12	,	,	PUNCT
taxlaw-2799	1321	13	also	also	ADV
taxlaw-2799	1321	14	requires	require	VERB
taxlaw-2799	1321	15	that	that	SCONJ
taxlaw-2799	1321	16	such	such	DET
taxlaw-2799	1321	17	a	a	DET
taxlaw-2799	1321	18	contract	contract	NOUN
taxlaw-2799	1321	19	be	be	AUX
taxlaw-2799	1321	20	“	"	PUNCT
taxlaw-2799	1321	21	traded	trade	VERB
taxlaw-2799	1321	22	in	in	ADP
taxlaw-2799	1321	23	the	the	DET
taxlaw-2799	1321	24	interbank	interbank	NOUN
taxlaw-2799	1321	25	market	market	NOUN
taxlaw-2799	1321	26	,	,	PUNCT
taxlaw-2799	1321	27	”	"	PUNCT
taxlaw-2799	1321	28	a	a	DET
taxlaw-2799	1321	29	market	market	NOUN
taxlaw-2799	1321	30	in	in	ADP
taxlaw-2799	1321	31	which	which	PRON
taxlaw-2799	1321	32	contracts	contract	NOUN
taxlaw-2799	1321	33	also	also	ADV
taxlaw-2799	1321	34	typically	typically	ADV
taxlaw-2799	1321	35	are	be	AUX
taxlaw-2799	1321	36	not	not	PART
taxlaw-2799	1321	37	assigned	assign	VERB
taxlaw-2799	1321	38	but	but	CCONJ
taxlaw-2799	1321	39	instead	instead	ADV
taxlaw-2799	1321	40	are	be	AUX
taxlaw-2799	1321	41	entered	enter	VERB
taxlaw-2799	1321	42	into	into	ADP
taxlaw-2799	1321	43	and	and	CCONJ
taxlaw-2799	1321	44	closed	close	VERB
taxlaw-2799	1321	45	out	out	ADP
taxlaw-2799	1321	46	with	with	ADP
taxlaw-2799	1321	47	the	the	DET
taxlaw-2799	1321	48	original	original	ADJ
taxlaw-2799	1321	49	counterparty	counterparty	NOUN
taxlaw-2799	1321	50	.	.	PUNCT
taxlaw-2799	1322	1	that	that	DET
taxlaw-2799	1322	2	definition	definition	NOUN
taxlaw-2799	1322	3	also	also	ADV
taxlaw-2799	1322	4	requires	require	VERB
taxlaw-2799	1322	5	that	that	SCONJ
taxlaw-2799	1322	6	a	a	DET
taxlaw-2799	1322	7	foreign	foreign	ADJ
taxlaw-2799	1322	8	currency	currency	NOUN
taxlaw-2799	1322	9	contract	contract	NOUN
taxlaw-2799	1322	10	be	be	AUX
taxlaw-2799	1322	11	“	"	PUNCT
taxlaw-2799	1322	12	entered	enter	VERB
taxlaw-2799	1322	13	into	into	ADP
taxlaw-2799	1322	14	”	"	PUNCT
taxlaw-2799	1322	15	at	at	ADP
taxlaw-2799	1322	16	arm	arm	NOUN
taxlaw-2799	1322	17	’s	’s	PART
taxlaw-2799	1322	18	length	length	NOUN
taxlaw-2799	1322	19	at	at	ADP
taxlaw-2799	1322	20	a	a	DET
taxlaw-2799	1322	21	price	price	NOUN
taxlaw-2799	1322	22	determined	determine	VERB
taxlaw-2799	1322	23	by	by	ADP
taxlaw-2799	1322	24	reference	reference	NOUN
taxlaw-2799	1322	25	to	to	ADP
taxlaw-2799	1322	26	the	the	DET
taxlaw-2799	1322	27	interbank	interbank	NOUN
taxlaw-2799	1322	28	market	market	NOUN
taxlaw-2799	1322	29	price	price	NOUN
taxlaw-2799	1322	30	,	,	PUNCT
taxlaw-2799	1322	31	which	which	PRON
taxlaw-2799	1322	32	could	could	AUX
taxlaw-2799	1322	33	be	be	AUX
taxlaw-2799	1322	34	read	read	VERB
taxlaw-2799	1322	35	to	to	PART
taxlaw-2799	1322	36	suggest	suggest	VERB
taxlaw-2799	1322	37	that	that	SCONJ
taxlaw-2799	1322	38	there	there	PRON
taxlaw-2799	1322	39	is	be	VERB
taxlaw-2799	1322	40	a	a	DET
taxlaw-2799	1322	41	difference	difference	NOUN
taxlaw-2799	1322	42	between	between	ADP
taxlaw-2799	1322	43	“	"	PUNCT
taxlaw-2799	1322	44	trading	trade	VERB
taxlaw-2799	1322	45	”	"	PUNCT
taxlaw-2799	1322	46	a	a	DET
taxlaw-2799	1322	47	contract	contract	NOUN
taxlaw-2799	1322	48	and	and	CCONJ
taxlaw-2799	1322	49	“	"	PUNCT
taxlaw-2799	1322	50	entering	enter	VERB
taxlaw-2799	1322	51	into	into	ADP
taxlaw-2799	1322	52	”	"	PUNCT
taxlaw-2799	1322	53	a	a	DET
taxlaw-2799	1322	54	contract	contract	NOUN
taxlaw-2799	1322	55	.	.	PUNCT
taxlaw-2799	1323	1	one	one	NUM
taxlaw-2799	1323	2	is	be	AUX
taxlaw-2799	1323	3	driven	drive	VERB
taxlaw-2799	1323	4	,	,	PUNCT
taxlaw-2799	1323	5	therefore	therefore	ADV
taxlaw-2799	1323	6	,	,	PUNCT
taxlaw-2799	1323	7	to	to	ADP
taxlaw-2799	1323	8	the	the	DET
taxlaw-2799	1323	9	conclusion	conclusion	NOUN
taxlaw-2799	1323	10	that	that	SCONJ
taxlaw-2799	1323	11	(	(	PUNCT
taxlaw-2799	1323	12	1	1	X
taxlaw-2799	1323	13	)	)	PUNCT
taxlaw-2799	1323	14	futures	future	NOUN
taxlaw-2799	1323	15	contracts	contract	NOUN
taxlaw-2799	1323	16	and	and	CCONJ
taxlaw-2799	1323	17	foreign	foreign	ADJ
taxlaw-2799	1323	18	currency	currency	NOUN
taxlaw-2799	1323	19	forward	forward	ADV
taxlaw-2799	1323	20	contracts	contract	NOUN
taxlaw-2799	1323	21	are	be	AUX
taxlaw-2799	1323	22	not	not	PART
taxlaw-2799	1323	23	section	section	NOUN
taxlaw-2799	1323	24	1256	1256	NUM
taxlaw-2799	1323	25	contracts	contract	NOUN
taxlaw-2799	1323	26	because	because	SCONJ
taxlaw-2799	1323	27	they	they	PRON
taxlaw-2799	1323	28	are	be	AUX
taxlaw-2799	1323	29	not	not	PART
taxlaw-2799	1323	30	“	"	PUNCT
taxlaw-2799	1323	31	traded	trade	VERB
taxlaw-2799	1323	32	”	"	PUNCT
taxlaw-2799	1323	33	in	in	ADP
taxlaw-2799	1323	34	the	the	DET
taxlaw-2799	1323	35	traditional	traditional	ADJ
taxlaw-2799	1323	36	sense	sense	NOUN
taxlaw-2799	1323	37	,	,	PUNCT
taxlaw-2799	1323	38	which	which	PRON
taxlaw-2799	1323	39	would	would	AUX
taxlaw-2799	1323	40	hardly	hardly	ADV
taxlaw-2799	1323	41	be	be	AUX
taxlaw-2799	1323	42	a	a	DET
taxlaw-2799	1323	43	popular	popular	ADJ
taxlaw-2799	1323	44	position	position	NOUN
taxlaw-2799	1323	45	,	,	PUNCT
taxlaw-2799	1323	46	(	(	PUNCT
taxlaw-2799	1323	47	2	2	X
taxlaw-2799	1323	48	)	)	PUNCT
taxlaw-2799	1323	49	that	that	SCONJ
taxlaw-2799	1323	50	the	the	DET
taxlaw-2799	1323	51	term	term	NOUN
taxlaw-2799	1323	52	“	"	PUNCT
taxlaw-2799	1323	53	traded	trade	VERB
taxlaw-2799	1323	54	”	"	PUNCT
taxlaw-2799	1323	55	includes	include	VERB
taxlaw-2799	1323	56	entering	enter	VERB
taxlaw-2799	1323	57	into	into	ADP
taxlaw-2799	1323	58	a	a	DET
taxlaw-2799	1323	59	contract	contract	NOUN
taxlaw-2799	1323	60	,	,	PUNCT
taxlaw-2799	1323	61	at	at	ADP
taxlaw-2799	1323	62	least	least	ADJ
taxlaw-2799	1323	63	under	under	ADP
taxlaw-2799	1323	64	some	some	DET
taxlaw-2799	1323	65	circumstances	circumstance	NOUN
taxlaw-2799	1323	66	,	,	PUNCT
taxlaw-2799	1323	67	or	or	CCONJ
taxlaw-2799	1323	68	(	(	PUNCT
taxlaw-2799	1323	69	3	3	NUM
taxlaw-2799	1323	70	)	)	PUNCT
taxlaw-2799	1323	71	perhaps	perhaps	ADV
taxlaw-2799	1323	72	that	that	DET
taxlaw-2799	1323	73	trading	trading	NOUN
taxlaw-2799	1323	74	does	do	AUX
taxlaw-2799	1323	75	not	not	PART
taxlaw-2799	1323	76	refer	refer	VERB
taxlaw-2799	1323	77	to	to	ADP
taxlaw-2799	1323	78	how	how	SCONJ
taxlaw-2799	1323	79	an	an	DET
taxlaw-2799	1323	80	interest	interest	NOUN
taxlaw-2799	1323	81	in	in	ADP
taxlaw-2799	1323	82	a	a	DET
taxlaw-2799	1323	83	contract	contract	NOUN
taxlaw-2799	1323	84	is	be	AUX
taxlaw-2799	1323	85	acquired	acquire	VERB
taxlaw-2799	1323	86	or	or	CCONJ
taxlaw-2799	1323	87	disposed	dispose	VERB
taxlaw-2799	1323	88	of	of	ADP
taxlaw-2799	1323	89	but	but	CCONJ
taxlaw-2799	1323	90	rather	rather	ADV
taxlaw-2799	1323	91	contemplates	contemplate	VERB
taxlaw-2799	1323	92	an	an	DET
taxlaw-2799	1323	93	active	active	ADJ
taxlaw-2799	1323	94	market	market	NOUN
taxlaw-2799	1323	95	in	in	ADP
taxlaw-2799	1323	96	which	which	PRON
taxlaw-2799	1323	97	contracts	contract	NOUN
taxlaw-2799	1323	98	can	can	AUX
taxlaw-2799	1323	99	readily	readily	ADV
taxlaw-2799	1323	100	be	be	AUX
taxlaw-2799	1323	101	entered	enter	VERB
taxlaw-2799	1323	102	into	into	ADP
taxlaw-2799	1323	103	,	,	PUNCT
taxlaw-2799	1323	104	closed	close	VERB
taxlaw-2799	1323	105	out	out	ADP
taxlaw-2799	1323	106	and	and	CCONJ
taxlaw-2799	1323	107	valued	value	VERB
taxlaw-2799	1323	108	—	—	PUNCT
taxlaw-2799	1323	109	that	that	ADV
taxlaw-2799	1323	110	is	is	ADV
taxlaw-2799	1323	111	,	,	PUNCT
taxlaw-2799	1323	112	trading	trading	NOUN
taxlaw-2799	1323	113	has	have	VERB
taxlaw-2799	1323	114	to	to	PART
taxlaw-2799	1323	115	do	do	VERB
taxlaw-2799	1323	116	with	with	ADP
taxlaw-2799	1323	117	liquidity	liquidity	NOUN
taxlaw-2799	1323	118	and	and	CCONJ
taxlaw-2799	1323	119	valuation.115	valuation.115	NOUN
taxlaw-2799	1323	120	there	there	PRON
taxlaw-2799	1323	121	are	be	VERB
taxlaw-2799	1323	122	,	,	PUNCT
taxlaw-2799	1323	123	however	however	ADV
taxlaw-2799	1323	124	,	,	PUNCT
taxlaw-2799	1323	125	futures	future	NOUN
taxlaw-2799	1323	126	contracts	contract	NOUN
taxlaw-2799	1323	127	that	that	PRON
taxlaw-2799	1323	128	trade	trade	VERB
taxlaw-2799	1323	129	on	on	ADP
taxlaw-2799	1323	130	an	an	DET
taxlaw-2799	1323	131	exchange	exchange	NOUN
taxlaw-2799	1323	132	in	in	ADP
taxlaw-2799	1323	133	very	very	ADV
taxlaw-2799	1323	134	low	low	ADJ
taxlaw-2799	1323	135	volume	volume	NOUN
taxlaw-2799	1323	136	,	,	PUNCT
taxlaw-2799	1323	137	and	and	CCONJ
taxlaw-2799	1323	138	it	it	PRON
taxlaw-2799	1323	139	is	be	AUX
taxlaw-2799	1323	140	hard	hard	ADJ
taxlaw-2799	1323	141	to	to	PART
taxlaw-2799	1323	142	believe	believe	VERB
taxlaw-2799	1323	143	that	that	PRON
taxlaw-2799	1323	144	would	would	AUX
taxlaw-2799	1323	145	affect	affect	VERB
taxlaw-2799	1323	146	their	their	PRON
taxlaw-2799	1323	147	status	status	NOUN
taxlaw-2799	1323	148	as	as	ADP
taxlaw-2799	1323	149	section	section	NOUN
taxlaw-2799	1323	150	1256	1256	NUM
taxlaw-2799	1324	1	contracts.116	contracts.116	ADP
taxlaw-2799	1324	2	what	what	PRON
taxlaw-2799	1324	3	then	then	ADV
taxlaw-2799	1324	4	does	do	AUX
taxlaw-2799	1324	5	it	it	PRON
taxlaw-2799	1324	6	mean	mean	VERB
taxlaw-2799	1324	7	to	to	PART
taxlaw-2799	1324	8	be	be	AUX
taxlaw-2799	1324	9	“	"	PUNCT
taxlaw-2799	1324	10	traded	trade	VERB
taxlaw-2799	1324	11	on	on	ADP
taxlaw-2799	1324	12	”	"	PUNCT
taxlaw-2799	1324	13	a	a	DET
taxlaw-2799	1324	14	qbe	qbe	NOUN
taxlaw-2799	1324	15	—	—	PUNCT
taxlaw-2799	1324	16	that	that	ADV
taxlaw-2799	1324	17	is	is	ADV
taxlaw-2799	1324	18	,	,	PUNCT
taxlaw-2799	1324	19	does	do	AUX
taxlaw-2799	1324	20	the	the	DET
taxlaw-2799	1324	21	word	word	NOUN
taxlaw-2799	1324	22	“	"	PUNCT
taxlaw-2799	1324	23	traded	trade	VERB
taxlaw-2799	1324	24	”	"	PUNCT
taxlaw-2799	1324	25	have	have	VERB
taxlaw-2799	1324	26	any	any	DET
taxlaw-2799	1324	27	independent	independent	ADJ
taxlaw-2799	1324	28	significance	significance	NOUN
taxlaw-2799	1324	29	,	,	PUNCT
taxlaw-2799	1324	30	and	and	CCONJ
taxlaw-2799	1324	31	if	if	SCONJ
taxlaw-2799	1324	32	so	so	ADV
taxlaw-2799	1324	33	,	,	PUNCT
taxlaw-2799	1324	34	what	what	PRON
taxlaw-2799	1324	35	is	be	AUX
taxlaw-2799	1324	36	it	it	PRON
taxlaw-2799	1324	37	?	?	PUNCT
taxlaw-2799	1325	1	another	another	DET
taxlaw-2799	1325	2	question	question	NOUN
taxlaw-2799	1325	3	is	be	AUX
taxlaw-2799	1325	4	what	what	PRON
taxlaw-2799	1325	5	it	it	PRON
taxlaw-2799	1325	6	means	mean	VERB
taxlaw-2799	1325	7	to	to	PART
taxlaw-2799	1325	8	be	be	AUX
taxlaw-2799	1325	9	“	"	PUNCT
taxlaw-2799	1325	10	[	[	PUNCT
taxlaw-2799	1325	11	traded	trade	VERB
taxlaw-2799	1325	12	]	]	PUNCT
taxlaw-2799	1325	13	subject	subject	NOUN
taxlaw-2799	1325	14	to	to	ADP
taxlaw-2799	1325	15	the	the	DET
taxlaw-2799	1325	16	rules	rule	NOUN
taxlaw-2799	1325	17	of	of	ADP
taxlaw-2799	1325	18	”	"	PUNCT
taxlaw-2799	1325	19	a	a	DET
taxlaw-2799	1325	20	qbe	qbe	NOUN
taxlaw-2799	1325	21	.	.	PUNCT
taxlaw-2799	1326	1	the	the	DET
taxlaw-2799	1326	2	phrase	phrase	NOUN
taxlaw-2799	1326	3	could	could	AUX
taxlaw-2799	1326	4	,	,	PUNCT
taxlaw-2799	1326	5	for	for	ADP
taxlaw-2799	1326	6	example	example	NOUN
taxlaw-2799	1326	7	,	,	PUNCT
taxlaw-2799	1326	8	apply	apply	VERB
taxlaw-2799	1326	9	to	to	ADP
taxlaw-2799	1326	10	any	any	DET
taxlaw-2799	1326	11	contract	contract	NOUN
taxlaw-2799	1326	12	that	that	PRON
taxlaw-2799	1326	13	is	be	AUX
taxlaw-2799	1326	14	treated	treat	VERB
taxlaw-2799	1326	15	as	as	ADP
taxlaw-2799	1326	16	a	a	DET
taxlaw-2799	1326	17	futures	future	NOUN
taxlaw-2799	1326	18	contract	contract	NOUN
taxlaw-2799	1326	19	on	on	ADP
taxlaw-2799	1326	20	a	a	DET
taxlaw-2799	1326	21	qbe	qbe	NOUN
taxlaw-2799	1326	22	,	,	PUNCT
taxlaw-2799	1326	23	even	even	ADV
taxlaw-2799	1326	24	if	if	SCONJ
taxlaw-2799	1326	25	not	not	PART
taxlaw-2799	1326	26	originally	originally	ADV
taxlaw-2799	1326	27	entered	enter	VERB
taxlaw-2799	1326	28	into	into	ADP
taxlaw-2799	1326	29	as	as	ADV
taxlaw-2799	1326	30	such	such	ADJ
taxlaw-2799	1326	31	;	;	PUNCT
taxlaw-2799	1326	32	it	it	PRON
taxlaw-2799	1326	33	could	could	AUX
taxlaw-2799	1326	34	also	also	ADV
taxlaw-2799	1326	35	apply	apply	VERB
taxlaw-2799	1326	36	to	to	ADP
taxlaw-2799	1326	37	any	any	DET
taxlaw-2799	1326	38	contract	contract	NOUN
taxlaw-2799	1326	39	that	that	PRON
taxlaw-2799	1326	40	has	have	VERB
taxlaw-2799	1326	41	economic	economic	ADJ
taxlaw-2799	1326	42	terms	term	NOUN
taxlaw-2799	1326	43	that	that	PRON
taxlaw-2799	1326	44	depend	depend	VERB
taxlaw-2799	1326	45	on	on	ADP
taxlaw-2799	1326	46	the	the	DET
taxlaw-2799	1326	47	rules	rule	NOUN
taxlaw-2799	1326	48	that	that	PRON
taxlaw-2799	1326	49	apply	apply	VERB
taxlaw-2799	1326	50	to	to	ADP
taxlaw-2799	1326	51	futures	future	NOUN
taxlaw-2799	1326	52	contracts	contract	NOUN
taxlaw-2799	1326	53	;	;	PUNCT
taxlaw-2799	1326	54	it	it	PRON
taxlaw-2799	1326	55	could	could	AUX
taxlaw-2799	1326	56	also	also	ADV
taxlaw-2799	1326	57	apply	apply	VERB
taxlaw-2799	1326	58	to	to	ADP
taxlaw-2799	1326	59	any	any	DET
taxlaw-2799	1326	60	contract	contract	NOUN
taxlaw-2799	1326	61	that	that	PRON
taxlaw-2799	1326	62	is	be	AUX
taxlaw-2799	1326	63	subject	subject	ADJ
taxlaw-2799	1326	64	to	to	ADP
taxlaw-2799	1326	65	any	any	DET
taxlaw-2799	1326	66	rule	rule	NOUN
taxlaw-2799	1326	67	that	that	PRON
taxlaw-2799	1326	68	is	be	AUX
taxlaw-2799	1326	69	in	in	ADP
taxlaw-2799	1326	70	the	the	DET
taxlaw-2799	1326	71	rulebook	rulebook	NOUN
taxlaw-2799	1326	72	of	of	ADP
taxlaw-2799	1326	73	a	a	DET
taxlaw-2799	1326	74	qbe	qbe	NOUN
taxlaw-2799	1326	75	;	;	PUNCT
taxlaw-2799	1326	76	or	or	CCONJ
taxlaw-2799	1326	77	it	it	PRON
taxlaw-2799	1326	78	could	could	AUX
taxlaw-2799	1326	79	apply	apply	VERB
taxlaw-2799	1326	80	only	only	ADV
taxlaw-2799	1326	81	to	to	ADP
taxlaw-2799	1326	82	some	some	PRON
taxlaw-2799	1326	83	of	of	ADP
taxlaw-2799	1326	84	those	those	PRON
taxlaw-2799	1326	85	or	or	CCONJ
taxlaw-2799	1326	86	conceivably	conceivably	ADV
taxlaw-2799	1326	87	even	even	ADV
taxlaw-2799	1326	88	more	more	ADV
taxlaw-2799	1326	89	broadly	broadly	ADV
taxlaw-2799	1326	90	.	.	PUNCT
taxlaw-2799	1327	1	the	the	DET
taxlaw-2799	1327	2	first	first	ADJ
taxlaw-2799	1327	3	of	of	ADP
taxlaw-2799	1327	4	these	these	PRON
taxlaw-2799	1327	5	seems	seem	VERB
taxlaw-2799	1327	6	clearly	clearly	ADV
taxlaw-2799	1327	7	right	right	ADJ
taxlaw-2799	1327	8	,	,	PUNCT
taxlaw-2799	1327	9	as	as	SCONJ
taxlaw-2799	1327	10	the	the	DET
taxlaw-2799	1327	11	discussion	discussion	NOUN
taxlaw-2799	1327	12	of	of	ADP
taxlaw-2799	1327	13	revenue	revenue	NOUN
taxlaw-2799	1327	14	ruling	rule	VERB
taxlaw-2799	1327	15	87	87	NUM
taxlaw-2799	1327	16	-	-	SYM
taxlaw-2799	1327	17	43	43	NUM
taxlaw-2799	1327	18	below	below	ADP
taxlaw-2799	1327	19	indicates	indicate	VERB
taxlaw-2799	1327	20	.	.	PUNCT
taxlaw-2799	1328	1	further	further	ADJ
taxlaw-2799	1328	2	indirect	indirect	ADJ
taxlaw-2799	1328	3	support	support	NOUN
taxlaw-2799	1328	4	may	may	AUX
taxlaw-2799	1328	5	come	come	VERB
taxlaw-2799	1328	6	from	from	ADP
taxlaw-2799	1328	7	history	history	NOUN
taxlaw-2799	1328	8	.	.	PUNCT
taxlaw-2799	1329	1	while	while	SCONJ
taxlaw-2799	1329	2	the	the	DET
taxlaw-2799	1329	3	legislative	legislative	ADJ
taxlaw-2799	1329	4	history	history	NOUN
taxlaw-2799	1329	5	of	of	ADP
taxlaw-2799	1329	6	§	§	PROPN
taxlaw-2799	1329	7	1256	1256	NUM
taxlaw-2799	1329	8	does	do	AUX
taxlaw-2799	1329	9	not	not	PART
taxlaw-2799	1329	10	say	say	VERB
taxlaw-2799	1329	11	where	where	SCONJ
taxlaw-2799	1329	12	the	the	DET
taxlaw-2799	1329	13	“	"	PUNCT
taxlaw-2799	1329	14	subject	subject	NOUN
taxlaw-2799	1329	15	to	to	ADP
taxlaw-2799	1329	16	”	"	PUNCT
taxlaw-2799	1329	17	115	115	NUM
taxlaw-2799	1329	18	cf	cf	NOUN
taxlaw-2799	1329	19	.	.	PUNCT
taxlaw-2799	1330	1	treas	treas	PROPN
taxlaw-2799	1330	2	.	.	PUNCT
taxlaw-2799	1331	1	reg	reg	PROPN
taxlaw-2799	1331	2	.	.	PUNCT
taxlaw-2799	1332	1	§	§	PROPN
taxlaw-2799	1332	2	1.1092(d)-1(c	1.1092(d)-1(c	NUM
taxlaw-2799	1332	3	)	)	PUNCT
taxlaw-2799	1332	4	(	(	PUNCT
taxlaw-2799	1332	5	1993	1993	NUM
taxlaw-2799	1332	6	)	)	PUNCT
taxlaw-2799	1332	7	(	(	PUNCT
taxlaw-2799	1332	8	interest	interest	NOUN
taxlaw-2799	1332	9	rate	rate	NOUN
taxlaw-2799	1332	10	swaps	swap	NOUN
taxlaw-2799	1332	11	treated	treat	VERB
taxlaw-2799	1332	12	as	as	ADP
taxlaw-2799	1332	13	“	"	PUNCT
taxlaw-2799	1332	14	personal	personal	ADJ
taxlaw-2799	1332	15	property	property	NOUN
taxlaw-2799	1332	16	of	of	ADP
taxlaw-2799	1332	17	a	a	DET
taxlaw-2799	1332	18	type	type	NOUN
taxlaw-2799	1332	19	that	that	PRON
taxlaw-2799	1332	20	is	be	AUX
taxlaw-2799	1332	21	actively	actively	ADV
taxlaw-2799	1332	22	traded	trade	VERB
taxlaw-2799	1332	23	”	"	PUNCT
taxlaw-2799	1332	24	if	if	SCONJ
taxlaw-2799	1332	25	contracts	contract	NOUN
taxlaw-2799	1332	26	based	base	VERB
taxlaw-2799	1332	27	on	on	ADP
taxlaw-2799	1332	28	similar	similar	ADJ
taxlaw-2799	1332	29	indices	index	NOUN
taxlaw-2799	1332	30	are	be	AUX
taxlaw-2799	1332	31	“	"	PUNCT
taxlaw-2799	1332	32	purchased	purchase	VERB
taxlaw-2799	1332	33	,	,	PUNCT
taxlaw-2799	1332	34	sold	sell	VERB
taxlaw-2799	1332	35	or	or	CCONJ
taxlaw-2799	1332	36	entered	enter	VERB
taxlaw-2799	1332	37	into	into	ADP
taxlaw-2799	1332	38	”	"	PUNCT
taxlaw-2799	1332	39	on	on	ADP
taxlaw-2799	1332	40	an	an	DET
taxlaw-2799	1332	41	established	establish	VERB
taxlaw-2799	1332	42	financial	financial	ADJ
taxlaw-2799	1332	43	market	market	NOUN
taxlaw-2799	1332	44	,	,	PUNCT
taxlaw-2799	1332	45	including	include	VERB
taxlaw-2799	1332	46	an	an	DET
taxlaw-2799	1332	47	interbank	interbank	NOUN
taxlaw-2799	1332	48	market	market	NOUN
taxlaw-2799	1332	49	)	)	PUNCT
taxlaw-2799	1332	50	.	.	PUNCT
taxlaw-2799	1333	1	this	this	DET
taxlaw-2799	1333	2	regulation	regulation	NOUN
taxlaw-2799	1333	3	was	be	AUX
taxlaw-2799	1333	4	issued	issue	VERB
taxlaw-2799	1333	5	to	to	PART
taxlaw-2799	1333	6	resolve	resolve	VERB
taxlaw-2799	1333	7	a	a	DET
taxlaw-2799	1333	8	similar	similar	ADJ
taxlaw-2799	1333	9	conundrum	conundrum	NOUN
taxlaw-2799	1333	10	.	.	PUNCT
taxlaw-2799	1333	11	section	section	NOUN
taxlaw-2799	1333	12	1092	1092	NUM
taxlaw-2799	1333	13	and	and	CCONJ
taxlaw-2799	1333	14	,	,	PUNCT
taxlaw-2799	1333	15	at	at	ADP
taxlaw-2799	1333	16	the	the	DET
taxlaw-2799	1333	17	time	time	NOUN
taxlaw-2799	1333	18	,	,	PUNCT
taxlaw-2799	1333	19	section	section	NOUN
taxlaw-2799	1333	20	1234a	1234a	NUM
taxlaw-2799	1333	21	applied	apply	VERB
taxlaw-2799	1333	22	to	to	ADP
taxlaw-2799	1333	23	personal	personal	ADJ
taxlaw-2799	1333	24	property	property	NOUN
taxlaw-2799	1333	25	of	of	ADP
taxlaw-2799	1333	26	a	a	DET
taxlaw-2799	1333	27	type	type	NOUN
taxlaw-2799	1333	28	that	that	PRON
taxlaw-2799	1333	29	is	be	AUX
taxlaw-2799	1333	30	actively	actively	ADV
taxlaw-2799	1333	31	traded	trade	VERB
taxlaw-2799	1333	32	.	.	PUNCT
taxlaw-2799	1334	1	the	the	DET
taxlaw-2799	1334	2	market	market	NOUN
taxlaw-2799	1334	3	for	for	ADP
taxlaw-2799	1334	4	interest	interest	NOUN
taxlaw-2799	1334	5	rate	rate	NOUN
taxlaw-2799	1334	6	swaps	swap	NOUN
taxlaw-2799	1334	7	is	be	AUX
taxlaw-2799	1334	8	deep	deep	ADJ
taxlaw-2799	1334	9	and	and	CCONJ
taxlaw-2799	1334	10	liquid	liquid	ADJ
taxlaw-2799	1334	11	,	,	PUNCT
taxlaw-2799	1334	12	but	but	CCONJ
taxlaw-2799	1334	13	interest	interest	NOUN
taxlaw-2799	1334	14	rate	rate	NOUN
taxlaw-2799	1334	15	swaps	swap	NOUN
taxlaw-2799	1334	16	are	be	AUX
taxlaw-2799	1334	17	not	not	PART
taxlaw-2799	1334	18	typically	typically	ADV
taxlaw-2799	1334	19	assigned	assign	VERB
taxlaw-2799	1334	20	from	from	ADP
taxlaw-2799	1334	21	party	party	NOUN
taxlaw-2799	1334	22	to	to	ADP
taxlaw-2799	1334	23	party	party	PROPN
taxlaw-2799	1334	24	.	.	PUNCT
taxlaw-2799	1335	1	rather	rather	ADV
taxlaw-2799	1335	2	,	,	PUNCT
taxlaw-2799	1335	3	parties	party	NOUN
taxlaw-2799	1335	4	enter	enter	VERB
taxlaw-2799	1335	5	into	into	ADP
taxlaw-2799	1335	6	them	they	PRON
taxlaw-2799	1335	7	and	and	CCONJ
taxlaw-2799	1335	8	close	close	VERB
taxlaw-2799	1335	9	them	they	PRON
taxlaw-2799	1335	10	out	out	ADP
taxlaw-2799	1335	11	.	.	PUNCT
taxlaw-2799	1336	1	the	the	DET
taxlaw-2799	1336	2	regulation	regulation	NOUN
taxlaw-2799	1336	3	provides	provide	VERB
taxlaw-2799	1336	4	that	that	SCONJ
taxlaw-2799	1336	5	entering	enter	VERB
taxlaw-2799	1336	6	into	into	ADP
taxlaw-2799	1336	7	such	such	ADJ
taxlaw-2799	1336	8	swaps	swap	NOUN
taxlaw-2799	1336	9	in	in	ADP
taxlaw-2799	1336	10	the	the	DET
taxlaw-2799	1336	11	interbank	interbank	NOUN
taxlaw-2799	1336	12	market	market	NOUN
taxlaw-2799	1336	13	qualifies	qualify	VERB
taxlaw-2799	1336	14	as	as	ADP
taxlaw-2799	1336	15	active	active	ADJ
taxlaw-2799	1336	16	trading	trading	NOUN
taxlaw-2799	1336	17	within	within	ADP
taxlaw-2799	1336	18	the	the	DET
taxlaw-2799	1336	19	meaning	meaning	NOUN
taxlaw-2799	1336	20	of	of	ADP
taxlaw-2799	1336	21	the	the	DET
taxlaw-2799	1336	22	relevant	relevant	ADJ
taxlaw-2799	1336	23	statutory	statutory	ADJ
taxlaw-2799	1336	24	provisions	provision	NOUN
taxlaw-2799	1336	25	.	.	PUNCT
taxlaw-2799	1337	1	116	116	NUM
taxlaw-2799	1337	2	to	to	PART
taxlaw-2799	1337	3	take	take	VERB
taxlaw-2799	1337	4	a	a	DET
taxlaw-2799	1337	5	random	random	ADJ
taxlaw-2799	1337	6	example	example	NOUN
taxlaw-2799	1337	7	,	,	PUNCT
taxlaw-2799	1337	8	according	accord	VERB
taxlaw-2799	1337	9	to	to	ADP
taxlaw-2799	1337	10	the	the	DET
taxlaw-2799	1337	11	cme	cme	PROPN
taxlaw-2799	1337	12	website	website	NOUN
taxlaw-2799	1337	13	,	,	PUNCT
taxlaw-2799	1337	14	at	at	ADP
taxlaw-2799	1337	15	the	the	DET
taxlaw-2799	1337	16	close	close	NOUN
taxlaw-2799	1337	17	of	of	ADP
taxlaw-2799	1337	18	business	business	NOUN
taxlaw-2799	1337	19	on	on	ADP
taxlaw-2799	1337	20	november	november	PROPN
taxlaw-2799	1337	21	12	12	NUM
taxlaw-2799	1337	22	,	,	PUNCT
taxlaw-2799	1337	23	2010	2010	NUM
taxlaw-2799	1337	24	,	,	PUNCT
taxlaw-2799	1337	25	open	open	ADJ
taxlaw-2799	1337	26	interest	interest	NOUN
taxlaw-2799	1337	27	in	in	ADP
taxlaw-2799	1337	28	soybean	soybean	NOUN
taxlaw-2799	1337	29	oil	oil	NOUN
taxlaw-2799	1337	30	futures	future	NOUN
taxlaw-2799	1337	31	expiring	expire	VERB
taxlaw-2799	1337	32	march	march	PROPN
taxlaw-2799	1337	33	2012	2012	NUM
taxlaw-2799	1337	34	,	,	PUNCT
taxlaw-2799	1337	35	may	may	AUX
taxlaw-2799	1337	36	2012	2012	NUM
taxlaw-2799	1337	37	and	and	CCONJ
taxlaw-2799	1337	38	july	july	PROPN
taxlaw-2799	1337	39	2013	2013	NUM
taxlaw-2799	1337	40	were	be	AUX
taxlaw-2799	1337	41	6	6	NUM
taxlaw-2799	1337	42	,	,	PUNCT
taxlaw-2799	1337	43	8	8	NUM
taxlaw-2799	1337	44	and	and	CCONJ
taxlaw-2799	1337	45	26	26	NUM
taxlaw-2799	1337	46	contracts	contract	NOUN
taxlaw-2799	1337	47	,	,	PUNCT
taxlaw-2799	1337	48	respectively	respectively	ADV
taxlaw-2799	1337	49	,	,	PUNCT
taxlaw-2799	1337	50	and	and	CCONJ
taxlaw-2799	1337	51	none	none	NOUN
taxlaw-2799	1337	52	of	of	ADP
taxlaw-2799	1337	53	those	those	DET
taxlaw-2799	1337	54	contracts	contract	NOUN
taxlaw-2799	1337	55	traded	trade	VERB
taxlaw-2799	1337	56	on	on	ADP
taxlaw-2799	1337	57	that	that	DET
taxlaw-2799	1337	58	day	day	NOUN
taxlaw-2799	1337	59	.	.	PUNCT
taxlaw-2799	1338	1	cme	cme	PROPN
taxlaw-2799	1338	2	group	group	PROPN
taxlaw-2799	1338	3	,	,	PUNCT
taxlaw-2799	1338	4	http://www.cmegroup.com/daily_bulletin/preliminary_voi/voireport.pdf	http://www.cmegroup.com/daily_bulletin/preliminary_voi/voireport.pdf	PROPN
taxlaw-2799	1338	5	(	(	PUNCT
taxlaw-2799	1338	6	last	last	ADJ
taxlaw-2799	1338	7	visited	visit	VERB
taxlaw-2799	1338	8	dec	dec	PROPN
taxlaw-2799	1338	9	.	.	PROPN
taxlaw-2799	1338	10	31	31	NUM
taxlaw-2799	1338	11	,	,	PUNCT
taxlaw-2799	1338	12	2010	2010	NUM
taxlaw-2799	1338	13	)	)	PUNCT
taxlaw-2799	1338	14	.	.	PUNCT
taxlaw-2799	1339	1	2011	2011	NUM
taxlaw-2799	1339	2	]	]	PUNCT
taxlaw-2799	1339	3	ew	ew	AUX
taxlaw-2799	1339	4	tax	tax	NOUN
taxlaw-2799	1339	5	issues	issue	NOUN
taxlaw-2799	1339	6	arisi	arisi	VERB
taxlaw-2799	1339	7	g	g	PROPN
taxlaw-2799	1339	8	from	from	ADP
taxlaw-2799	1339	9	the	the	DET
taxlaw-2799	1339	10	dodd	dodd	NOUN
taxlaw-2799	1339	11	-	-	PUNCT
taxlaw-2799	1339	12	fra	fra	PROPN
taxlaw-2799	1339	13	k	k	PROPN
taxlaw-2799	1339	14	act	act	PROPN
taxlaw-2799	1339	15	65	65	NUM
taxlaw-2799	1339	16	language	language	NOUN
taxlaw-2799	1339	17	comes	come	VERB
taxlaw-2799	1339	18	from	from	ADP
taxlaw-2799	1339	19	,	,	PUNCT
taxlaw-2799	1339	20	a	a	DET
taxlaw-2799	1339	21	likely	likely	ADJ
taxlaw-2799	1339	22	source	source	NOUN
taxlaw-2799	1339	23	is	be	AUX
taxlaw-2799	1339	24	the	the	DET
taxlaw-2799	1339	25	commodity	commodity	NOUN
taxlaw-2799	1339	26	exchange	exchange	PROPN
taxlaw-2799	1339	27	act	act	PROPN
taxlaw-2799	1339	28	.	.	PUNCT
taxlaw-2799	1340	1	the	the	DET
taxlaw-2799	1340	2	author	author	NOUN
taxlaw-2799	1340	3	has	have	AUX
taxlaw-2799	1340	4	been	be	AUX
taxlaw-2799	1340	5	advised	advise	VERB
taxlaw-2799	1340	6	by	by	ADP
taxlaw-2799	1340	7	commodity	commodity	NOUN
taxlaw-2799	1340	8	law	law	NOUN
taxlaw-2799	1340	9	experts	expert	NOUN
taxlaw-2799	1340	10	that	that	PRON
taxlaw-2799	1340	11	at	at	ADP
taxlaw-2799	1340	12	the	the	DET
taxlaw-2799	1340	13	time	time	NOUN
taxlaw-2799	1340	14	§	§	PROPN
taxlaw-2799	1340	15	1256	1256	NUM
taxlaw-2799	1340	16	was	be	AUX
taxlaw-2799	1340	17	enacted	enact	VERB
taxlaw-2799	1340	18	,	,	PUNCT
taxlaw-2799	1340	19	exchange	exchange	NOUN
taxlaw-2799	1340	20	for	for	ADP
taxlaw-2799	1340	21	physical	physical	ADJ
taxlaw-2799	1340	22	transactions	transaction	NOUN
taxlaw-2799	1340	23	existed	exist	VERB
taxlaw-2799	1340	24	and	and	CCONJ
taxlaw-2799	1340	25	were	be	AUX
taxlaw-2799	1340	26	governed	govern	VERB
taxlaw-2799	1340	27	by	by	ADP
taxlaw-2799	1340	28	the	the	DET
taxlaw-2799	1340	29	cea	cea	PROPN
taxlaw-2799	1340	30	.	.	PUNCT
taxlaw-2799	1341	1	the	the	DET
taxlaw-2799	1341	2	“	"	PUNCT
taxlaw-2799	1341	3	subject	subject	NOUN
taxlaw-2799	1341	4	to	to	ADP
taxlaw-2799	1341	5	”	"	PUNCT
taxlaw-2799	1341	6	language	language	NOUN
taxlaw-2799	1341	7	therefore	therefore	ADV
taxlaw-2799	1341	8	may	may	AUX
taxlaw-2799	1341	9	have	have	AUX
taxlaw-2799	1341	10	been	be	AUX
taxlaw-2799	1341	11	intended	intend	VERB
taxlaw-2799	1341	12	to	to	PART
taxlaw-2799	1341	13	refer	refer	VERB
taxlaw-2799	1341	14	to	to	ADP
taxlaw-2799	1341	15	futures	future	NOUN
taxlaw-2799	1341	16	contracts	contract	NOUN
taxlaw-2799	1341	17	that	that	PRON
taxlaw-2799	1341	18	are	be	AUX
taxlaw-2799	1341	19	not	not	PART
taxlaw-2799	1341	20	traded	trade	VERB
taxlaw-2799	1341	21	on	on	ADP
taxlaw-2799	1341	22	an	an	DET
taxlaw-2799	1341	23	exchange	exchange	NOUN
taxlaw-2799	1341	24	but	but	CCONJ
taxlaw-2799	1341	25	are	be	AUX
taxlaw-2799	1341	26	otherwise	otherwise	ADV
taxlaw-2799	1341	27	identical	identical	ADJ
taxlaw-2799	1341	28	to	to	ADP
taxlaw-2799	1341	29	,	,	PUNCT
taxlaw-2799	1341	30	and	and	CCONJ
taxlaw-2799	1341	31	subject	subject	ADJ
taxlaw-2799	1341	32	to	to	ADP
taxlaw-2799	1341	33	all	all	DET
taxlaw-2799	1341	34	the	the	DET
taxlaw-2799	1341	35	rules	rule	NOUN
taxlaw-2799	1341	36	governing	govern	VERB
taxlaw-2799	1341	37	,	,	PUNCT
taxlaw-2799	1341	38	other	other	ADJ
taxlaw-2799	1341	39	futures	future	NOUN
taxlaw-2799	1341	40	contracts	contract	NOUN
taxlaw-2799	1341	41	.	.	PUNCT
taxlaw-2799	1342	1	that	that	PRON
taxlaw-2799	1342	2	would	would	AUX
taxlaw-2799	1342	3	not	not	PART
taxlaw-2799	1342	4	answer	answer	VERB
taxlaw-2799	1342	5	the	the	DET
taxlaw-2799	1342	6	question	question	NOUN
taxlaw-2799	1342	7	of	of	ADP
taxlaw-2799	1342	8	how	how	SCONJ
taxlaw-2799	1342	9	much	much	ADJ
taxlaw-2799	1342	10	further	far	ADV
taxlaw-2799	1342	11	the	the	DET
taxlaw-2799	1342	12	term	term	NOUN
taxlaw-2799	1342	13	reaches.117	reaches.117	VERB
taxlaw-2799	1342	14	conversely	conversely	ADV
taxlaw-2799	1342	15	,	,	PUNCT
taxlaw-2799	1342	16	the	the	DET
taxlaw-2799	1342	17	meaning	meaning	NOUN
taxlaw-2799	1342	18	of	of	ADP
taxlaw-2799	1342	19	the	the	DET
taxlaw-2799	1342	20	term	term	NOUN
taxlaw-2799	1342	21	qbe	qbe	PROPN
taxlaw-2799	1342	22	is	be	AUX
taxlaw-2799	1342	23	clear	clear	ADJ
taxlaw-2799	1342	24	,	,	PUNCT
taxlaw-2799	1342	25	but	but	CCONJ
taxlaw-2799	1342	26	may	may	AUX
taxlaw-2799	1342	27	be	be	AUX
taxlaw-2799	1342	28	in	in	ADP
taxlaw-2799	1342	29	need	need	NOUN
taxlaw-2799	1342	30	of	of	ADP
taxlaw-2799	1342	31	some	some	DET
taxlaw-2799	1342	32	rethinking	rethinking	NOUN
taxlaw-2799	1342	33	.	.	PUNCT
taxlaw-2799	1343	1	as	as	SCONJ
taxlaw-2799	1343	2	described	describe	VERB
taxlaw-2799	1343	3	above	above	ADV
taxlaw-2799	1343	4	,	,	PUNCT
taxlaw-2799	1343	5	the	the	DET
taxlaw-2799	1343	6	cftc	cftc	PROPN
taxlaw-2799	1343	7	now	now	ADV
taxlaw-2799	1343	8	regulates	regulate	VERB
taxlaw-2799	1343	9	many	many	ADJ
taxlaw-2799	1343	10	different	different	ADJ
taxlaw-2799	1343	11	kinds	kind	NOUN
taxlaw-2799	1343	12	of	of	ADP
taxlaw-2799	1343	13	markets	market	NOUN
taxlaw-2799	1343	14	(	(	PUNCT
taxlaw-2799	1343	15	dcms	dcms	NOUN
taxlaw-2799	1343	16	,	,	PUNCT
taxlaw-2799	1343	17	dtefs	dtef	NOUN
taxlaw-2799	1343	18	,	,	PUNCT
taxlaw-2799	1343	19	ebots	ebot	NOUN
taxlaw-2799	1343	20	and	and	CCONJ
taxlaw-2799	1343	21	ecms	ecms	NOUN
taxlaw-2799	1343	22	,	,	PUNCT
taxlaw-2799	1343	23	as	as	ADV
taxlaw-2799	1343	24	well	well	ADV
taxlaw-2799	1343	25	as	as	ADP
taxlaw-2799	1343	26	dcos).118	dcos).118	PROPN
taxlaw-2799	1343	27	as	as	ADP
taxlaw-2799	1343	28	a	a	DET
taxlaw-2799	1343	29	policy	policy	NOUN
taxlaw-2799	1343	30	matter	matter	NOUN
taxlaw-2799	1343	31	,	,	PUNCT
taxlaw-2799	1343	32	it	it	PRON
taxlaw-2799	1343	33	is	be	AUX
taxlaw-2799	1343	34	undesirable	undesirable	ADJ
taxlaw-2799	1343	35	to	to	PART
taxlaw-2799	1343	36	treat	treat	VERB
taxlaw-2799	1343	37	contracts	contract	NOUN
taxlaw-2799	1343	38	traded	trade	VERB
taxlaw-2799	1343	39	on	on	ADP
taxlaw-2799	1343	40	a	a	DET
taxlaw-2799	1343	41	dcm	dcm	NOUN
taxlaw-2799	1343	42	as	as	ADP
taxlaw-2799	1343	43	(	(	PUNCT
taxlaw-2799	1343	44	possible	possible	ADJ
taxlaw-2799	1343	45	)	)	PUNCT
taxlaw-2799	1343	46	section	section	NOUN
taxlaw-2799	1343	47	1256	1256	NUM
taxlaw-2799	1343	48	contracts	contract	NOUN
taxlaw-2799	1343	49	and	and	CCONJ
taxlaw-2799	1343	50	to	to	PART
taxlaw-2799	1343	51	treat	treat	VERB
taxlaw-2799	1343	52	identical	identical	ADJ
taxlaw-2799	1343	53	contracts	contract	NOUN
taxlaw-2799	1343	54	traded	trade	VERB
taxlaw-2799	1343	55	on	on	ADP
taxlaw-2799	1343	56	a	a	DET
taxlaw-2799	1343	57	swap	swap	NOUN
taxlaw-2799	1343	58	execution	execution	NOUN
taxlaw-2799	1343	59	facility	facility	NOUN
taxlaw-2799	1343	60	or	or	CCONJ
taxlaw-2799	1343	61	another	another	DET
taxlaw-2799	1343	62	type	type	NOUN
taxlaw-2799	1343	63	of	of	ADP
taxlaw-2799	1343	64	regulated	regulated	ADJ
taxlaw-2799	1343	65	market	market	NOUN
taxlaw-2799	1343	66	as	as	ADP
taxlaw-2799	1343	67	non	non	ADJ
taxlaw-2799	1343	68	-	-	ADJ
taxlaw-2799	1343	69	section	section	ADJ
taxlaw-2799	1343	70	1256	1256	NUM
taxlaw-2799	1343	71	contracts	contract	NOUN
taxlaw-2799	1343	72	.	.	PUNCT
taxlaw-2799	1344	1	the	the	DET
taxlaw-2799	1344	2	service	service	NOUN
taxlaw-2799	1344	3	has	have	VERB
taxlaw-2799	1344	4	the	the	DET
taxlaw-2799	1344	5	authority	authority	NOUN
taxlaw-2799	1344	6	to	to	PART
taxlaw-2799	1344	7	address	address	VERB
taxlaw-2799	1344	8	this	this	DET
taxlaw-2799	1344	9	problem	problem	NOUN
taxlaw-2799	1344	10	by	by	ADP
taxlaw-2799	1344	11	determining	determine	VERB
taxlaw-2799	1344	12	that	that	SCONJ
taxlaw-2799	1344	13	these	these	DET
taxlaw-2799	1344	14	other	other	ADJ
taxlaw-2799	1344	15	markets	market	NOUN
taxlaw-2799	1344	16	should	should	AUX
taxlaw-2799	1344	17	be	be	AUX
taxlaw-2799	1344	18	treated	treat	VERB
taxlaw-2799	1344	19	as	as	ADP
taxlaw-2799	1344	20	qbes	qbe	NOUN
taxlaw-2799	1344	21	,	,	PUNCT
taxlaw-2799	1344	22	but	but	CCONJ
taxlaw-2799	1344	23	that	that	DET
taxlaw-2799	1344	24	decision	decision	NOUN
taxlaw-2799	1344	25	surely	surely	ADV
taxlaw-2799	1344	26	would	would	AUX
taxlaw-2799	1344	27	be	be	AUX
taxlaw-2799	1344	28	better	well	ADV
taxlaw-2799	1344	29	made	make	VERB
taxlaw-2799	1344	30	by	by	ADP
taxlaw-2799	1344	31	congress	congress	PROPN
taxlaw-2799	1344	32	.	.	PUNCT
taxlaw-2799	1345	1	returning	return	VERB
taxlaw-2799	1345	2	to	to	ADP
taxlaw-2799	1345	3	an	an	DET
taxlaw-2799	1345	4	analysis	analysis	NOUN
taxlaw-2799	1345	5	of	of	ADP
taxlaw-2799	1345	6	the	the	DET
taxlaw-2799	1345	7	type	type	NOUN
taxlaw-2799	1345	8	of	of	ADP
taxlaw-2799	1345	9	contracts	contract	NOUN
taxlaw-2799	1345	10	on	on	ADP
taxlaw-2799	1345	11	the	the	DET
taxlaw-2799	1345	12	list	list	NOUN
taxlaw-2799	1345	13	above	above	ADV
taxlaw-2799	1345	14	,	,	PUNCT
taxlaw-2799	1345	15	one	one	PRON
taxlaw-2799	1345	16	could	could	AUX
taxlaw-2799	1345	17	reach	reach	VERB
taxlaw-2799	1345	18	the	the	DET
taxlaw-2799	1345	19	conclusion	conclusion	NOUN
taxlaw-2799	1345	20	that	that	PRON
taxlaw-2799	1345	21	cleared	clear	VERB
taxlaw-2799	1345	22	agricultural	agricultural	ADJ
taxlaw-2799	1345	23	swaps	swap	NOUN
taxlaw-2799	1345	24	ought	ought	AUX
taxlaw-2799	1345	25	to	to	PART
taxlaw-2799	1345	26	be	be	AUX
taxlaw-2799	1345	27	treated	treat	VERB
taxlaw-2799	1345	28	as	as	ADP
taxlaw-2799	1345	29	section	section	NOUN
taxlaw-2799	1345	30	1256	1256	NUM
taxlaw-2799	1345	31	contracts	contract	NOUN
taxlaw-2799	1345	32	in	in	ADP
taxlaw-2799	1345	33	view	view	NOUN
taxlaw-2799	1345	34	of	of	ADP
taxlaw-2799	1345	35	their	their	PRON
taxlaw-2799	1345	36	very	very	ADV
taxlaw-2799	1345	37	close	close	ADJ
taxlaw-2799	1345	38	economic	economic	ADJ
taxlaw-2799	1345	39	connection	connection	NOUN
taxlaw-2799	1345	40	to	to	ADP
taxlaw-2799	1345	41	futures	future	NOUN
taxlaw-2799	1345	42	contracts	contract	NOUN
taxlaw-2799	1345	43	,	,	PUNCT
taxlaw-2799	1345	44	the	the	DET
taxlaw-2799	1345	45	fact	fact	NOUN
taxlaw-2799	1345	46	that	that	SCONJ
taxlaw-2799	1345	47	they	they	PRON
taxlaw-2799	1345	48	essentially	essentially	ADV
taxlaw-2799	1345	49	do	do	AUX
taxlaw-2799	1345	50	not	not	PART
taxlaw-2799	1345	51	exist	exist	VERB
taxlaw-2799	1345	52	prior	prior	ADV
taxlaw-2799	1345	53	to	to	ADP
taxlaw-2799	1345	54	being	be	AUX
taxlaw-2799	1345	55	cleared	clear	VERB
taxlaw-2799	1345	56	,	,	PUNCT
taxlaw-2799	1345	57	and	and	CCONJ
taxlaw-2799	1345	58	the	the	DET
taxlaw-2799	1345	59	technical	technical	ADJ
taxlaw-2799	1345	60	point	point	NOUN
taxlaw-2799	1345	61	that	that	SCONJ
taxlaw-2799	1345	62	they	they	PRON
taxlaw-2799	1345	63	are	be	AUX
taxlaw-2799	1345	64	in	in	ADP
taxlaw-2799	1345	65	fact	fact	NOUN
taxlaw-2799	1345	66	subject	subject	ADJ
taxlaw-2799	1345	67	to	to	ADP
taxlaw-2799	1345	68	the	the	DET
taxlaw-2799	1345	69	rules	rule	NOUN
taxlaw-2799	1345	70	of	of	ADP
taxlaw-2799	1345	71	an	an	DET
taxlaw-2799	1345	72	exchange	exchange	NOUN
taxlaw-2799	1345	73	because	because	SCONJ
taxlaw-2799	1345	74	the	the	DET
taxlaw-2799	1345	75	legal	legal	ADJ
taxlaw-2799	1345	76	entity	entity	NOUN
taxlaw-2799	1345	77	that	that	PRON
taxlaw-2799	1345	78	is	be	AUX
taxlaw-2799	1345	79	the	the	DET
taxlaw-2799	1345	80	cme	cme	NOUN
taxlaw-2799	1345	81	,	,	PUNCT
taxlaw-2799	1345	82	as	as	SCONJ
taxlaw-2799	1345	83	it	it	PRON
taxlaw-2799	1345	84	happens	happen	VERB
taxlaw-2799	1345	85	,	,	PUNCT
taxlaw-2799	1345	86	is	be	AUX
taxlaw-2799	1345	87	both	both	PRON
taxlaw-2799	1345	88	an	an	DET
taxlaw-2799	1345	89	exchange	exchange	NOUN
taxlaw-2799	1345	90	and	and	CCONJ
taxlaw-2799	1345	91	a	a	DET
taxlaw-2799	1345	92	clearinghouse	clearinghouse	NOUN
taxlaw-2799	1345	93	.	.	PUNCT
taxlaw-2799	1346	1	the	the	DET
taxlaw-2799	1346	2	last	last	ADJ
taxlaw-2799	1346	3	point	point	NOUN
taxlaw-2799	1346	4	becomes	become	VERB
taxlaw-2799	1346	5	considerably	considerably	ADV
taxlaw-2799	1346	6	less	less	ADV
taxlaw-2799	1346	7	attractive	attractive	ADJ
taxlaw-2799	1346	8	,	,	PUNCT
taxlaw-2799	1346	9	however	however	ADV
taxlaw-2799	1346	10	,	,	PUNCT
taxlaw-2799	1346	11	when	when	SCONJ
taxlaw-2799	1346	12	one	one	PRON
taxlaw-2799	1346	13	considers	consider	VERB
taxlaw-2799	1346	14	that	that	SCONJ
taxlaw-2799	1346	15	it	it	PRON
taxlaw-2799	1346	16	is	be	AUX
taxlaw-2799	1346	17	also	also	ADV
taxlaw-2799	1346	18	true	true	ADJ
taxlaw-2799	1346	19	of	of	ADP
taxlaw-2799	1346	20	cme	cme	NOUN
taxlaw-2799	1346	21	-	-	PUNCT
taxlaw-2799	1346	22	cleared	clear	VERB
taxlaw-2799	1346	23	cds	cd	NOUN
taxlaw-2799	1346	24	.	.	PUNCT
taxlaw-2799	1347	1	surely	surely	ADV
taxlaw-2799	1347	2	it	it	PRON
taxlaw-2799	1347	3	can	can	AUX
taxlaw-2799	1347	4	not	not	PART
taxlaw-2799	1347	5	be	be	AUX
taxlaw-2799	1347	6	the	the	DET
taxlaw-2799	1347	7	case	case	NOUN
taxlaw-2799	1347	8	that	that	SCONJ
taxlaw-2799	1347	9	cme	cme	NOUN
taxlaw-2799	1347	10	-	-	PUNCT
taxlaw-2799	1347	11	cleared	clear	VERB
taxlaw-2799	1347	12	cds	cd	NOUN
taxlaw-2799	1347	13	could	could	AUX
taxlaw-2799	1347	14	be	be	AUX
taxlaw-2799	1347	15	section	section	NOUN
taxlaw-2799	1347	16	1256	1256	NUM
taxlaw-2799	1347	17	contracts	contract	NOUN
taxlaw-2799	1347	18	when	when	SCONJ
taxlaw-2799	1347	19	ice	ice	NOUN
taxlaw-2799	1347	20	trust	trust	NOUN
taxlaw-2799	1347	21	-	-	PUNCT
taxlaw-2799	1347	22	cleared	clear	VERB
taxlaw-2799	1347	23	cds	cd	NOUN
taxlaw-2799	1347	24	are	be	AUX
taxlaw-2799	1347	25	not	not	PART
taxlaw-2799	1347	26	?	?	PUNCT
taxlaw-2799	1348	1	at	at	ADV
taxlaw-2799	1348	2	least	least	ADJ
taxlaw-2799	1348	3	it	it	PRON
taxlaw-2799	1348	4	would	would	AUX
taxlaw-2799	1348	5	not	not	PART
taxlaw-2799	1348	6	be	be	AUX
taxlaw-2799	1348	7	so	so	ADV
taxlaw-2799	1348	8	in	in	ADP
taxlaw-2799	1348	9	a	a	DET
taxlaw-2799	1348	10	rational	rational	ADJ
taxlaw-2799	1348	11	world	world	NOUN
taxlaw-2799	1348	12	.	.	PUNCT
taxlaw-2799	1349	1	despairing	despair	VERB
taxlaw-2799	1349	2	,	,	PUNCT
taxlaw-2799	1349	3	therefore	therefore	ADV
taxlaw-2799	1349	4	,	,	PUNCT
taxlaw-2799	1349	5	of	of	ADP
taxlaw-2799	1349	6	any	any	DET
taxlaw-2799	1349	7	technical	technical	ADJ
taxlaw-2799	1349	8	conclusion	conclusion	NOUN
taxlaw-2799	1349	9	to	to	ADP
taxlaw-2799	1349	10	this	this	DET
taxlaw-2799	1349	11	question	question	NOUN
taxlaw-2799	1349	12	,	,	PUNCT
taxlaw-2799	1349	13	the	the	DET
taxlaw-2799	1349	14	article	article	NOUN
taxlaw-2799	1349	15	turns	turn	VERB
taxlaw-2799	1349	16	below	below	ADV
taxlaw-2799	1349	17	to	to	ADP
taxlaw-2799	1349	18	an	an	DET
taxlaw-2799	1349	19	examination	examination	NOUN
taxlaw-2799	1349	20	of	of	ADP
taxlaw-2799	1349	21	the	the	DET
taxlaw-2799	1349	22	history	history	NOUN
taxlaw-2799	1349	23	of	of	ADP
taxlaw-2799	1349	24	§	§	PROPN
taxlaw-2799	1349	25	1256	1256	NUM
taxlaw-2799	1349	26	.	.	PUNCT
taxlaw-2799	1350	1	that	that	DET
taxlaw-2799	1350	2	history	history	NOUN
taxlaw-2799	1350	3	is	be	AUX
taxlaw-2799	1350	4	far	far	ADV
taxlaw-2799	1350	5	more	more	ADV
taxlaw-2799	1350	6	illuminating	illuminating	ADJ
taxlaw-2799	1350	7	than	than	ADP
taxlaw-2799	1350	8	the	the	DET
taxlaw-2799	1350	9	statute	statute	NOUN
taxlaw-2799	1350	10	itself	itself	PRON
taxlaw-2799	1350	11	.	.	PUNCT
taxlaw-2799	1351	1	as	as	SCONJ
taxlaw-2799	1351	2	it	it	PRON
taxlaw-2799	1351	3	happens	happen	VERB
taxlaw-2799	1351	4	,	,	PUNCT
taxlaw-2799	1351	5	the	the	DET
taxlaw-2799	1351	6	question	question	NOUN
taxlaw-2799	1351	7	of	of	ADP
taxlaw-2799	1351	8	whether	whether	SCONJ
taxlaw-2799	1351	9	the	the	DET
taxlaw-2799	1351	10	statutory	statutory	ADJ
taxlaw-2799	1351	11	definitions	definition	NOUN
taxlaw-2799	1351	12	mean	mean	VERB
taxlaw-2799	1351	13	what	what	PRON
taxlaw-2799	1351	14	they	they	PRON
taxlaw-2799	1351	15	appear	appear	VERB
taxlaw-2799	1351	16	to	to	PART
taxlaw-2799	1351	17	say	say	VERB
taxlaw-2799	1351	18	has	have	AUX
taxlaw-2799	1351	19	been	be	AUX
taxlaw-2799	1351	20	the	the	DET
taxlaw-2799	1351	21	subject	subject	NOUN
taxlaw-2799	1351	22	of	of	ADP
taxlaw-2799	1351	23	repeated	repeat	VERB
taxlaw-2799	1351	24	inquiry	inquiry	NOUN
taxlaw-2799	1351	25	.	.	PUNCT
taxlaw-2799	1352	1	strikingly	strikingly	ADV
taxlaw-2799	1352	2	,	,	PUNCT
taxlaw-2799	1352	3	the	the	DET
taxlaw-2799	1352	4	government	government	NOUN
taxlaw-2799	1352	5	’s	’s	PART
taxlaw-2799	1352	6	117	117	NUM
taxlaw-2799	1352	7	the	the	DET
taxlaw-2799	1352	8	dodd	dodd	PROPN
taxlaw-2799	1352	9	-	-	PUNCT
taxlaw-2799	1352	10	frank	frank	PROPN
taxlaw-2799	1352	11	act	act	NOUN
taxlaw-2799	1352	12	does	do	AUX
taxlaw-2799	1352	13	not	not	PART
taxlaw-2799	1352	14	directly	directly	ADV
taxlaw-2799	1352	15	address	address	VERB
taxlaw-2799	1352	16	the	the	DET
taxlaw-2799	1352	17	issue	issue	NOUN
taxlaw-2799	1352	18	,	,	PUNCT
taxlaw-2799	1352	19	but	but	CCONJ
taxlaw-2799	1352	20	there	there	PRON
taxlaw-2799	1352	21	is	be	VERB
taxlaw-2799	1352	22	at	at	ADV
taxlaw-2799	1352	23	least	least	ADJ
taxlaw-2799	1352	24	one	one	NUM
taxlaw-2799	1352	25	provision	provision	NOUN
taxlaw-2799	1352	26	that	that	PRON
taxlaw-2799	1352	27	suggests	suggest	VERB
taxlaw-2799	1352	28	that	that	SCONJ
taxlaw-2799	1352	29	clearing	clearing	NOUN
taxlaw-2799	1352	30	alone	alone	ADV
taxlaw-2799	1352	31	may	may	AUX
taxlaw-2799	1352	32	not	not	PART
taxlaw-2799	1352	33	be	be	AUX
taxlaw-2799	1352	34	the	the	DET
taxlaw-2799	1352	35	equivalent	equivalent	NOUN
taxlaw-2799	1352	36	of	of	ADP
taxlaw-2799	1352	37	“	"	PUNCT
taxlaw-2799	1352	38	traded	trade	VERB
taxlaw-2799	1352	39	on	on	ADP
taxlaw-2799	1352	40	or	or	CCONJ
taxlaw-2799	1352	41	subject	subject	VERB
taxlaw-2799	1352	42	to	to	ADP
taxlaw-2799	1352	43	”	"	PUNCT
taxlaw-2799	1352	44	the	the	DET
taxlaw-2799	1352	45	rules	rule	NOUN
taxlaw-2799	1352	46	of	of	ADP
taxlaw-2799	1352	47	an	an	DET
taxlaw-2799	1352	48	exchange	exchange	NOUN
taxlaw-2799	1352	49	.	.	PUNCT
taxlaw-2799	1353	1	that	that	DET
taxlaw-2799	1353	2	provision	provision	NOUN
taxlaw-2799	1353	3	is	be	AUX
taxlaw-2799	1353	4	part	part	NOUN
taxlaw-2799	1353	5	of	of	ADP
taxlaw-2799	1353	6	the	the	DET
taxlaw-2799	1353	7	definition	definition	NOUN
taxlaw-2799	1353	8	of	of	ADP
taxlaw-2799	1353	9	the	the	DET
taxlaw-2799	1353	10	key	key	ADJ
taxlaw-2799	1353	11	term	term	NOUN
taxlaw-2799	1353	12	“	"	PUNCT
taxlaw-2799	1353	13	swap	swap	NOUN
taxlaw-2799	1353	14	”	"	PUNCT
taxlaw-2799	1353	15	in	in	ADP
taxlaw-2799	1353	16	§	§	PROPN
taxlaw-2799	1353	17	721	721	NUM
taxlaw-2799	1353	18	of	of	ADP
taxlaw-2799	1353	19	the	the	DET
taxlaw-2799	1353	20	dodd	dodd	PROPN
taxlaw-2799	1353	21	-	-	PUNCT
taxlaw-2799	1353	22	frank	frank	PROPN
taxlaw-2799	1353	23	act	act	PROPN
taxlaw-2799	1353	24	.	.	PUNCT
taxlaw-2799	1354	1	it	it	PRON
taxlaw-2799	1354	2	provides	provide	VERB
taxlaw-2799	1354	3	that	that	SCONJ
taxlaw-2799	1354	4	“	"	PUNCT
taxlaw-2799	1354	5	[	[	X
taxlaw-2799	1354	6	a]ny	a]ny	ADJ
taxlaw-2799	1354	7	foreign	foreign	ADJ
taxlaw-2799	1354	8	exchange	exchange	NOUN
taxlaw-2799	1354	9	swap	swap	NOUN
taxlaw-2799	1354	10	and	and	CCONJ
taxlaw-2799	1354	11	any	any	DET
taxlaw-2799	1354	12	foreign	foreign	ADJ
taxlaw-2799	1354	13	exchange	exchange	NOUN
taxlaw-2799	1354	14	forward	forward	ADV
taxlaw-2799	1354	15	that	that	PRON
taxlaw-2799	1354	16	is	be	AUX
taxlaw-2799	1354	17	listed	list	VERB
taxlaw-2799	1354	18	and	and	CCONJ
taxlaw-2799	1354	19	traded	trade	VERB
taxlaw-2799	1354	20	on	on	ADP
taxlaw-2799	1354	21	or	or	CCONJ
taxlaw-2799	1354	22	subject	subject	VERB
taxlaw-2799	1354	23	to	to	ADP
taxlaw-2799	1354	24	the	the	DET
taxlaw-2799	1354	25	rules	rule	NOUN
taxlaw-2799	1354	26	of	of	ADP
taxlaw-2799	1354	27	a	a	DET
taxlaw-2799	1354	28	designated	designate	VERB
taxlaw-2799	1354	29	contract	contract	NOUN
taxlaw-2799	1354	30	market	market	NOUN
taxlaw-2799	1354	31	or	or	CCONJ
taxlaw-2799	1354	32	a	a	DET
taxlaw-2799	1354	33	swap	swap	NOUN
taxlaw-2799	1354	34	execution	execution	NOUN
taxlaw-2799	1354	35	facility	facility	NOUN
taxlaw-2799	1354	36	,	,	PUNCT
taxlaw-2799	1354	37	or	or	CCONJ
taxlaw-2799	1354	38	that	that	PRON
taxlaw-2799	1354	39	is	be	AUX
taxlaw-2799	1354	40	cleared	clear	VERB
taxlaw-2799	1354	41	by	by	ADP
taxlaw-2799	1354	42	a	a	DET
taxlaw-2799	1354	43	derivatives	derivative	NOUN
taxlaw-2799	1354	44	clearing	clearing	NOUN
taxlaw-2799	1354	45	organization	organization	NOUN
taxlaw-2799	1354	46	”	"	PUNCT
taxlaw-2799	1354	47	is	be	AUX
taxlaw-2799	1354	48	subject	subject	ADJ
taxlaw-2799	1354	49	to	to	ADP
taxlaw-2799	1354	50	the	the	DET
taxlaw-2799	1354	51	dodd	dodd	PROPN
taxlaw-2799	1354	52	-	-	PUNCT
taxlaw-2799	1354	53	frank	frank	PROPN
taxlaw-2799	1354	54	act	act	PROPN
taxlaw-2799	1354	55	.	.	PUNCT
taxlaw-2799	1355	1	the	the	DET
taxlaw-2799	1355	2	phrase	phrase	NOUN
taxlaw-2799	1355	3	or	or	CCONJ
taxlaw-2799	1355	4	very	very	ADV
taxlaw-2799	1355	5	close	close	ADJ
taxlaw-2799	1355	6	variants	variant	NOUN
taxlaw-2799	1355	7	of	of	ADP
taxlaw-2799	1355	8	it	it	PRON
taxlaw-2799	1355	9	are	be	AUX
taxlaw-2799	1355	10	used	use	VERB
taxlaw-2799	1355	11	in	in	ADP
taxlaw-2799	1355	12	several	several	ADJ
taxlaw-2799	1355	13	other	other	ADJ
taxlaw-2799	1355	14	places	place	NOUN
taxlaw-2799	1355	15	in	in	ADP
taxlaw-2799	1355	16	the	the	DET
taxlaw-2799	1355	17	bill	bill	NOUN
taxlaw-2799	1355	18	,	,	PUNCT
taxlaw-2799	1355	19	but	but	CCONJ
taxlaw-2799	1355	20	not	not	PART
taxlaw-2799	1355	21	ones	one	NOUN
taxlaw-2799	1355	22	bearing	bear	VERB
taxlaw-2799	1355	23	directly	directly	ADV
taxlaw-2799	1355	24	on	on	ADP
taxlaw-2799	1355	25	the	the	DET
taxlaw-2799	1355	26	issues	issue	NOUN
taxlaw-2799	1355	27	discussed	discuss	VERB
taxlaw-2799	1355	28	herein	herein	NOUN
taxlaw-2799	1355	29	.	.	PUNCT
taxlaw-2799	1356	1	see	see	AUX
taxlaw-2799	1356	2	see	see	VERB
taxlaw-2799	1356	3	dodd	dodd	PROPN
taxlaw-2799	1356	4	-	-	PUNCT
taxlaw-2799	1356	5	frank	frank	PROPN
taxlaw-2799	1356	6	wall	wall	PROPN
taxlaw-2799	1356	7	street	street	PROPN
taxlaw-2799	1356	8	reform	reform	PROPN
taxlaw-2799	1356	9	and	and	CCONJ
taxlaw-2799	1356	10	consumer	consumer	NOUN
taxlaw-2799	1356	11	protection	protection	PROPN
taxlaw-2799	1356	12	act	act	PROPN
taxlaw-2799	1356	13	,	,	PUNCT
taxlaw-2799	1356	14	pub	pub	NOUN
taxlaw-2799	1356	15	.	.	PUNCT
taxlaw-2799	1357	1	l.	l.	PROPN
taxlaw-2799	1357	2	no	no	INTJ
taxlaw-2799	1357	3	.	.	PROPN
taxlaw-2799	1358	1	111203	111203	NUM
taxlaw-2799	1358	2	,	,	PUNCT
taxlaw-2799	1358	3	§	§	PROPN
taxlaw-2799	1358	4	§	§	PROPN
taxlaw-2799	1358	5	721	721	NUM
taxlaw-2799	1358	6	,	,	PUNCT
taxlaw-2799	1358	7	124	124	NUM
taxlaw-2799	1358	8	stat	stat	NOUN
taxlaw-2799	1358	9	.	.	PUNCT
taxlaw-2799	1359	1	1376	1376	NUM
taxlaw-2799	1359	2	,	,	PUNCT
taxlaw-2799	1359	3	1683	1683	NUM
taxlaw-2799	1359	4	-	-	SYM
taxlaw-2799	1359	5	84	84	NUM
taxlaw-2799	1359	6	(	(	PUNCT
taxlaw-2799	1359	7	2010	2010	NUM
taxlaw-2799	1359	8	)	)	PUNCT
taxlaw-2799	1359	9	,	,	PUNCT
taxlaw-2799	1359	10	210(c)(8)(d)(iii)(iv	210(c)(8)(d)(iii)(iv	NUM
taxlaw-2799	1359	11	)	)	PUNCT
taxlaw-2799	1359	12	,	,	PUNCT
taxlaw-2799	1359	13	124	124	NUM
taxlaw-2799	1359	14	stat	stat	NOUN
taxlaw-2799	1359	15	.	.	PUNCT
taxlaw-2799	1360	1	1376	1376	NUM
taxlaw-2799	1360	2	,	,	PUNCT
taxlaw-2799	1360	3	1483	1483	NUM
taxlaw-2799	1360	4	-	-	SYM
taxlaw-2799	1360	5	84	84	NUM
taxlaw-2799	1360	6	(	(	PUNCT
taxlaw-2799	1360	7	2010	2010	NUM
taxlaw-2799	1360	8	)	)	PUNCT
taxlaw-2799	1360	9	(	(	PUNCT
taxlaw-2799	1360	10	definition	definition	NOUN
taxlaw-2799	1360	11	of	of	ADP
taxlaw-2799	1360	12	“	"	PUNCT
taxlaw-2799	1360	13	commodity	commodity	NOUN
taxlaw-2799	1360	14	contract	contract	NOUN
taxlaw-2799	1360	15	”	"	PUNCT
taxlaw-2799	1360	16	)	)	PUNCT
taxlaw-2799	1360	17	,	,	PUNCT
taxlaw-2799	1360	18	730	730	NUM
taxlaw-2799	1360	19	,	,	PUNCT
taxlaw-2799	1360	20	124	124	NUM
taxlaw-2799	1360	21	stat	stat	NOUN
taxlaw-2799	1360	22	.	.	PUNCT
taxlaw-2799	1360	23	1376	1376	NUM
taxlaw-2799	1360	24	,	,	PUNCT
taxlaw-2799	1360	25	1701	1701	NUM
taxlaw-2799	1360	26	-	-	SYM
taxlaw-2799	1360	27	03	03	NUM
taxlaw-2799	1360	28	(	(	PUNCT
taxlaw-2799	1360	29	2010	2010	NUM
taxlaw-2799	1360	30	)	)	PUNCT
taxlaw-2799	1361	1	(	(	PUNCT
taxlaw-2799	1361	2	modifying	modify	VERB
taxlaw-2799	1361	3	large	large	ADJ
taxlaw-2799	1361	4	swap	swap	NOUN
taxlaw-2799	1361	5	trader	trader	NOUN
taxlaw-2799	1361	6	reporting	reporting	NOUN
taxlaw-2799	1361	7	requirements	requirement	NOUN
taxlaw-2799	1361	8	under	under	ADP
taxlaw-2799	1361	9	commodity	commodity	NOUN
taxlaw-2799	1361	10	exchange	exchange	PROPN
taxlaw-2799	1361	11	act	act	PROPN
taxlaw-2799	1361	12	)	)	PUNCT
taxlaw-2799	1361	13	,	,	PUNCT
taxlaw-2799	1361	14	&	&	CCONJ
taxlaw-2799	1361	15	737	737	NUM
taxlaw-2799	1361	16	,	,	PUNCT
taxlaw-2799	1361	17	124	124	NUM
taxlaw-2799	1361	18	stat	stat	NOUN
taxlaw-2799	1361	19	.	.	PUNCT
taxlaw-2799	1361	20	1376	1376	NUM
taxlaw-2799	1361	21	,	,	PUNCT
taxlaw-2799	1361	22	1722	1722	NUM
taxlaw-2799	1361	23	-	-	SYM
taxlaw-2799	1361	24	25	25	NUM
taxlaw-2799	1361	25	(	(	PUNCT
taxlaw-2799	1361	26	2010	2010	NUM
taxlaw-2799	1361	27	)	)	PUNCT
taxlaw-2799	1361	28	(	(	PUNCT
taxlaw-2799	1361	29	modifying	modify	VERB
taxlaw-2799	1361	30	position	position	NOUN
taxlaw-2799	1361	31	limits	limit	NOUN
taxlaw-2799	1361	32	under	under	ADP
taxlaw-2799	1361	33	commodity	commodity	NOUN
taxlaw-2799	1361	34	exchange	exchange	PROPN
taxlaw-2799	1361	35	act	act	PROPN
taxlaw-2799	1361	36	)	)	PUNCT
taxlaw-2799	1361	37	.	.	PUNCT
taxlaw-2799	1362	1	118	118	NUM
taxlaw-2799	1362	2	see	see	VERB
taxlaw-2799	1362	3	supra	supra	PROPN
taxlaw-2799	1362	4	note	note	PROPN
taxlaw-2799	1362	5	49	49	NUM
taxlaw-2799	1362	6	.	.	PUNCT
taxlaw-2799	1363	1	66	66	NUM
taxlaw-2799	1363	2	columbia	columbia	PROPN
taxlaw-2799	1363	3	jour	jour	PROPN
taxlaw-2799	1363	4	al	al	PROPN
taxlaw-2799	1363	5	of	of	ADP
taxlaw-2799	1363	6	tax	tax	NOUN
taxlaw-2799	1363	7	law	law	NOUN
taxlaw-2799	1363	8	[	[	X
taxlaw-2799	1363	9	vol	vol	NOUN
taxlaw-2799	1363	10	.	.	PUNCT
taxlaw-2799	1363	11	2:1	2:1	NUM
taxlaw-2799	1363	12	answer	answer	NOUN
taxlaw-2799	1363	13	has	have	AUX
taxlaw-2799	1363	14	consistently	consistently	ADV
taxlaw-2799	1363	15	,	,	PUNCT
taxlaw-2799	1363	16	with	with	ADP
taxlaw-2799	1363	17	one	one	NUM
taxlaw-2799	1363	18	apparent	apparent	ADJ
taxlaw-2799	1363	19	and	and	CCONJ
taxlaw-2799	1363	20	temporary	temporary	ADJ
taxlaw-2799	1363	21	oversight	oversight	NOUN
taxlaw-2799	1363	22	to	to	ADP
taxlaw-2799	1363	23	the	the	DET
taxlaw-2799	1363	24	contrary	contrary	NOUN
taxlaw-2799	1363	25	,	,	PUNCT
taxlaw-2799	1363	26	been	be	AUX
taxlaw-2799	1363	27	“	"	PUNCT
taxlaw-2799	1363	28	no	no	INTJ
taxlaw-2799	1363	29	.	.	PUNCT
taxlaw-2799	1363	30	”	"	PUNCT
taxlaw-2799	1364	1	as	as	SCONJ
taxlaw-2799	1364	2	described	describe	VERB
taxlaw-2799	1364	3	below	below	ADV
taxlaw-2799	1364	4	,	,	PUNCT
taxlaw-2799	1364	5	the	the	DET
taxlaw-2799	1364	6	government	government	NOUN
taxlaw-2799	1364	7	has	have	AUX
taxlaw-2799	1364	8	interpreted	interpret	VERB
taxlaw-2799	1364	9	the	the	DET
taxlaw-2799	1364	10	statutory	statutory	ADJ
taxlaw-2799	1364	11	definitions	definition	NOUN
taxlaw-2799	1364	12	in	in	ADP
taxlaw-2799	1364	13	light	light	NOUN
taxlaw-2799	1364	14	of	of	ADP
taxlaw-2799	1364	15	congressional	congressional	ADJ
taxlaw-2799	1364	16	intent	intent	NOUN
taxlaw-2799	1364	17	,	,	PUNCT
taxlaw-2799	1364	18	with	with	ADP
taxlaw-2799	1364	19	the	the	DET
taxlaw-2799	1364	20	result	result	NOUN
taxlaw-2799	1364	21	that	that	SCONJ
taxlaw-2799	1364	22	they	they	PRON
taxlaw-2799	1364	23	have	have	AUX
taxlaw-2799	1364	24	been	be	AUX
taxlaw-2799	1364	25	read	read	VERB
taxlaw-2799	1364	26	to	to	PART
taxlaw-2799	1364	27	apply	apply	VERB
taxlaw-2799	1364	28	more	more	ADV
taxlaw-2799	1364	29	narrowly	narrowly	ADV
taxlaw-2799	1364	30	than	than	SCONJ
taxlaw-2799	1364	31	a	a	DET
taxlaw-2799	1364	32	literal	literal	ADJ
taxlaw-2799	1364	33	reading	reading	NOUN
taxlaw-2799	1364	34	would	would	AUX
taxlaw-2799	1364	35	suggest	suggest	VERB
taxlaw-2799	1364	36	.	.	PUNCT
taxlaw-2799	1365	1	the	the	DET
taxlaw-2799	1365	2	one	one	NUM
taxlaw-2799	1365	3	court	court	NOUN
taxlaw-2799	1365	4	that	that	PRON
taxlaw-2799	1365	5	has	have	AUX
taxlaw-2799	1365	6	reviewed	review	VERB
taxlaw-2799	1365	7	an	an	DET
taxlaw-2799	1365	8	issue	issue	NOUN
taxlaw-2799	1365	9	of	of	ADP
taxlaw-2799	1365	10	this	this	DET
taxlaw-2799	1365	11	kind	kind	NOUN
taxlaw-2799	1365	12	has	have	AUX
taxlaw-2799	1365	13	heartily	heartily	ADV
taxlaw-2799	1365	14	endorsed	endorse	VERB
taxlaw-2799	1365	15	this	this	DET
taxlaw-2799	1365	16	narrow	narrow	ADJ
taxlaw-2799	1365	17	approach	approach	NOUN
taxlaw-2799	1365	18	.	.	PUNCT
taxlaw-2799	1366	1	2	2	X
taxlaw-2799	1366	2	.	.	X
taxlaw-2799	1366	3	the	the	DET
taxlaw-2799	1366	4	1983	1983	NUM
taxlaw-2799	1366	5	controversy	controversy	NOUN
taxlaw-2799	1366	6	over	over	ADP
taxlaw-2799	1366	7	the	the	DET
taxlaw-2799	1366	8	scope	scope	NOUN
taxlaw-2799	1366	9	of	of	ADP
taxlaw-2799	1366	10	the	the	DET
taxlaw-2799	1366	11	rfc	rfc	NOUN
taxlaw-2799	1366	12	definition.119	definition.119	VERB
taxlaw-2799	1366	13	as	as	SCONJ
taxlaw-2799	1366	14	described	describe	VERB
taxlaw-2799	1366	15	above	above	ADV
taxlaw-2799	1366	16	,	,	PUNCT
taxlaw-2799	1366	17	when	when	SCONJ
taxlaw-2799	1366	18	enacted	enact	VERB
taxlaw-2799	1366	19	in	in	ADP
taxlaw-2799	1366	20	1981	1981	NUM
taxlaw-2799	1366	21	and	and	CCONJ
taxlaw-2799	1366	22	as	as	SCONJ
taxlaw-2799	1366	23	amended	amend	VERB
taxlaw-2799	1366	24	in	in	ADP
taxlaw-2799	1366	25	1982	1982	NUM
taxlaw-2799	1366	26	,	,	PUNCT
taxlaw-2799	1366	27	§	§	PROPN
taxlaw-2799	1366	28	1256	1256	NUM
taxlaw-2799	1366	29	applied	apply	VERB
taxlaw-2799	1366	30	only	only	ADV
taxlaw-2799	1366	31	to	to	ADP
taxlaw-2799	1366	32	regulated	regulated	ADJ
taxlaw-2799	1366	33	futures	future	NOUN
taxlaw-2799	1366	34	contracts	contract	NOUN
taxlaw-2799	1366	35	.	.	PUNCT
taxlaw-2799	1367	1	after	after	ADP
taxlaw-2799	1367	2	the	the	DET
taxlaw-2799	1367	3	1982	1982	NUM
taxlaw-2799	1367	4	amendment	amendment	NOUN
taxlaw-2799	1367	5	,	,	PUNCT
taxlaw-2799	1367	6	§	§	PROPN
taxlaw-2799	1367	7	1256	1256	NUM
taxlaw-2799	1367	8	applied	apply	VERB
taxlaw-2799	1367	9	to	to	ADP
taxlaw-2799	1367	10	a	a	DET
taxlaw-2799	1367	11	“	"	PUNCT
taxlaw-2799	1367	12	regulated	regulated	ADJ
taxlaw-2799	1367	13	futures	future	NOUN
taxlaw-2799	1367	14	contract	contract	NOUN
taxlaw-2799	1367	15	,	,	PUNCT
taxlaw-2799	1367	16	”	"	PUNCT
taxlaw-2799	1367	17	defined	define	VERB
taxlaw-2799	1367	18	as	as	ADP
taxlaw-2799	1367	19	“	"	PUNCT
taxlaw-2799	1367	20	a	a	DET
taxlaw-2799	1367	21	contract	contract	NOUN
taxlaw-2799	1367	22	”	"	PUNCT
taxlaw-2799	1367	23	that	that	PRON
taxlaw-2799	1367	24	was	be	AUX
taxlaw-2799	1367	25	subject	subject	ADJ
taxlaw-2799	1367	26	to	to	ADP
taxlaw-2799	1367	27	mark	mark	NOUN
taxlaw-2799	1367	28	-	-	PUNCT
taxlaw-2799	1367	29	to	to	ADP
taxlaw-2799	1367	30	-	-	PUNCT
taxlaw-2799	1367	31	market	market	NOUN
taxlaw-2799	1367	32	margin	margin	NOUN
taxlaw-2799	1367	33	requirements	requirement	NOUN
taxlaw-2799	1367	34	and	and	CCONJ
taxlaw-2799	1367	35	traded	trade	VERB
taxlaw-2799	1367	36	on	on	ADP
taxlaw-2799	1367	37	or	or	CCONJ
taxlaw-2799	1367	38	subject	subject	VERB
taxlaw-2799	1367	39	to	to	ADP
taxlaw-2799	1367	40	the	the	DET
taxlaw-2799	1367	41	rules	rule	NOUN
taxlaw-2799	1367	42	of	of	ADP
taxlaw-2799	1367	43	a	a	DET
taxlaw-2799	1367	44	dcm	dcm	NOUN
taxlaw-2799	1367	45	or	or	CCONJ
taxlaw-2799	1367	46	other	other	ADJ
taxlaw-2799	1367	47	qualified	qualified	ADJ
taxlaw-2799	1367	48	board	board	NOUN
taxlaw-2799	1367	49	or	or	CCONJ
taxlaw-2799	1367	50	exchange	exchange	NOUN
taxlaw-2799	1367	51	.	.	PUNCT
taxlaw-2799	1368	1	new	new	ADJ
taxlaw-2799	1368	2	contracts	contract	NOUN
taxlaw-2799	1368	3	that	that	PRON
taxlaw-2799	1368	4	then	then	ADV
taxlaw-2799	1368	5	began	begin	VERB
taxlaw-2799	1368	6	to	to	PART
taxlaw-2799	1368	7	trade	trade	VERB
taxlaw-2799	1368	8	raised	raise	VERB
taxlaw-2799	1368	9	both	both	CCONJ
taxlaw-2799	1368	10	technical	technical	ADJ
taxlaw-2799	1368	11	and	and	CCONJ
taxlaw-2799	1368	12	policy	policy	NOUN
taxlaw-2799	1368	13	questions	question	NOUN
taxlaw-2799	1368	14	about	about	ADP
taxlaw-2799	1368	15	the	the	DET
taxlaw-2799	1368	16	scope	scope	NOUN
taxlaw-2799	1368	17	of	of	ADP
taxlaw-2799	1368	18	§	§	PROPN
taxlaw-2799	1368	19	1256	1256	NUM
taxlaw-2799	1368	20	,	,	PUNCT
taxlaw-2799	1368	21	including	include	VERB
taxlaw-2799	1368	22	cash	cash	NOUN
taxlaw-2799	1368	23	-	-	PUNCT
taxlaw-2799	1368	24	settled	settle	VERB
taxlaw-2799	1368	25	options	option	NOUN
taxlaw-2799	1368	26	such	such	ADJ
taxlaw-2799	1368	27	as	as	ADP
taxlaw-2799	1368	28	options	option	NOUN
taxlaw-2799	1368	29	on	on	ADP
taxlaw-2799	1368	30	a	a	DET
taxlaw-2799	1368	31	stock	stock	NOUN
taxlaw-2799	1368	32	index	index	NOUN
taxlaw-2799	1368	33	,	,	PUNCT
taxlaw-2799	1368	34	options	option	NOUN
taxlaw-2799	1368	35	on	on	ADP
taxlaw-2799	1368	36	stock	stock	NOUN
taxlaw-2799	1368	37	index	index	NOUN
taxlaw-2799	1368	38	futures	future	NOUN
taxlaw-2799	1368	39	contracts	contract	NOUN
taxlaw-2799	1368	40	and	and	CCONJ
taxlaw-2799	1368	41	“	"	PUNCT
taxlaw-2799	1368	42	commodity	commodity	NOUN
taxlaw-2799	1368	43	options	option	NOUN
taxlaw-2799	1368	44	.	.	PUNCT
taxlaw-2799	1368	45	”	"	PUNCT
taxlaw-2799	1369	1	as	as	SCONJ
taxlaw-2799	1369	2	described	describe	VERB
taxlaw-2799	1369	3	in	in	ADP
taxlaw-2799	1369	4	more	more	ADJ
taxlaw-2799	1369	5	detail	detail	NOUN
taxlaw-2799	1369	6	below	below	ADV
taxlaw-2799	1369	7	,	,	PUNCT
taxlaw-2799	1369	8	congress	congress	PROPN
taxlaw-2799	1369	9	revised	revise	VERB
taxlaw-2799	1369	10	§	§	PROPN
taxlaw-2799	1369	11	1256	1256	NUM
taxlaw-2799	1369	12	in	in	ADP
taxlaw-2799	1369	13	1984	1984	NUM
taxlaw-2799	1369	14	to	to	PART
taxlaw-2799	1369	15	address	address	VERB
taxlaw-2799	1369	16	these	these	DET
taxlaw-2799	1369	17	issues	issue	NOUN
taxlaw-2799	1369	18	.	.	PUNCT
taxlaw-2799	1370	1	among	among	ADP
taxlaw-2799	1370	2	the	the	DET
taxlaw-2799	1370	3	important	important	ADJ
taxlaw-2799	1370	4	goals	goal	NOUN
taxlaw-2799	1370	5	of	of	ADP
taxlaw-2799	1370	6	these	these	DET
taxlaw-2799	1370	7	amendments	amendment	NOUN
taxlaw-2799	1370	8	were	be	AUX
taxlaw-2799	1370	9	to	to	PART
taxlaw-2799	1370	10	ensure	ensure	VERB
taxlaw-2799	1370	11	that	that	SCONJ
taxlaw-2799	1370	12	similar	similar	ADJ
taxlaw-2799	1370	13	products	product	NOUN
taxlaw-2799	1370	14	traded	trade	VERB
taxlaw-2799	1370	15	on	on	ADP
taxlaw-2799	1370	16	different	different	ADJ
taxlaw-2799	1370	17	kinds	kind	NOUN
taxlaw-2799	1370	18	of	of	ADP
taxlaw-2799	1370	19	exchanges	exchange	NOUN
taxlaw-2799	1370	20	(	(	PUNCT
taxlaw-2799	1370	21	stock	stock	NOUN
taxlaw-2799	1370	22	index	index	NOUN
taxlaw-2799	1370	23	options	option	NOUN
taxlaw-2799	1370	24	as	as	SCONJ
taxlaw-2799	1370	25	opposed	oppose	VERB
taxlaw-2799	1370	26	to	to	ADP
taxlaw-2799	1370	27	stock	stock	NOUN
taxlaw-2799	1370	28	index	index	NOUN
taxlaw-2799	1370	29	futures	future	NOUN
taxlaw-2799	1370	30	options	option	NOUN
taxlaw-2799	1370	31	)	)	PUNCT
taxlaw-2799	1370	32	were	be	AUX
taxlaw-2799	1370	33	subject	subject	ADJ
taxlaw-2799	1370	34	to	to	ADP
taxlaw-2799	1370	35	the	the	DET
taxlaw-2799	1370	36	same	same	ADJ
taxlaw-2799	1370	37	rules	rule	NOUN
taxlaw-2799	1370	38	,	,	PUNCT
taxlaw-2799	1370	39	and	and	CCONJ
taxlaw-2799	1370	40	to	to	PART
taxlaw-2799	1370	41	avoid	avoid	VERB
taxlaw-2799	1370	42	the	the	DET
taxlaw-2799	1370	43	proliferation	proliferation	NOUN
taxlaw-2799	1370	44	of	of	ADP
taxlaw-2799	1370	45	“	"	PUNCT
taxlaw-2799	1370	46	mixed	mixed	ADJ
taxlaw-2799	1370	47	straddles	straddle	NOUN
taxlaw-2799	1370	48	”	"	PUNCT
taxlaw-2799	1370	49	(	(	PUNCT
taxlaw-2799	1370	50	transactions	transaction	NOUN
taxlaw-2799	1370	51	in	in	ADP
taxlaw-2799	1370	52	which	which	PRON
taxlaw-2799	1370	53	one	one	NUM
taxlaw-2799	1370	54	position	position	NOUN
taxlaw-2799	1370	55	is	be	AUX
taxlaw-2799	1370	56	a	a	DET
taxlaw-2799	1370	57	section	section	NOUN
taxlaw-2799	1370	58	1256	1256	NUM
taxlaw-2799	1370	59	contract	contract	NOUN
taxlaw-2799	1370	60	but	but	CCONJ
taxlaw-2799	1370	61	an	an	DET
taxlaw-2799	1370	62	offsetting	offset	VERB
taxlaw-2799	1370	63	position	position	NOUN
taxlaw-2799	1370	64	is	be	AUX
taxlaw-2799	1370	65	not	not	PART
taxlaw-2799	1370	66	)	)	PUNCT
taxlaw-2799	1370	67	.	.	PUNCT
taxlaw-2799	1371	1	an	an	DET
taxlaw-2799	1371	2	active	active	ADJ
taxlaw-2799	1371	3	debate	debate	NOUN
taxlaw-2799	1371	4	took	take	VERB
taxlaw-2799	1371	5	place	place	NOUN
taxlaw-2799	1371	6	prior	prior	ADV
taxlaw-2799	1371	7	to	to	ADP
taxlaw-2799	1371	8	those	those	DET
taxlaw-2799	1371	9	amendments	amendment	NOUN
taxlaw-2799	1371	10	on	on	ADP
taxlaw-2799	1371	11	both	both	CCONJ
taxlaw-2799	1371	12	the	the	DET
taxlaw-2799	1371	13	question	question	NOUN
taxlaw-2799	1371	14	of	of	ADP
taxlaw-2799	1371	15	how	how	SCONJ
taxlaw-2799	1371	16	thencurrent	thencurrent	ADJ
taxlaw-2799	1371	17	law	law	NOUN
taxlaw-2799	1371	18	applied	apply	VERB
taxlaw-2799	1371	19	to	to	ADP
taxlaw-2799	1371	20	these	these	DET
taxlaw-2799	1371	21	new	new	ADJ
taxlaw-2799	1371	22	contracts	contract	NOUN
taxlaw-2799	1371	23	,	,	PUNCT
taxlaw-2799	1371	24	and	and	CCONJ
taxlaw-2799	1371	25	also	also	ADV
taxlaw-2799	1371	26	the	the	DET
taxlaw-2799	1371	27	question	question	NOUN
taxlaw-2799	1371	28	of	of	ADP
taxlaw-2799	1371	29	how	how	SCONJ
taxlaw-2799	1371	30	the	the	DET
taxlaw-2799	1371	31	law	law	NOUN
taxlaw-2799	1371	32	should	should	AUX
taxlaw-2799	1371	33	apply	apply	VERB
taxlaw-2799	1371	34	.	.	PUNCT
taxlaw-2799	1372	1	the	the	DET
taxlaw-2799	1372	2	part	part	NOUN
taxlaw-2799	1372	3	of	of	ADP
taxlaw-2799	1372	4	the	the	DET
taxlaw-2799	1372	5	debate	debate	NOUN
taxlaw-2799	1372	6	that	that	PRON
taxlaw-2799	1372	7	is	be	AUX
taxlaw-2799	1372	8	most	most	ADV
taxlaw-2799	1372	9	relevant	relevant	ADJ
taxlaw-2799	1372	10	here	here	ADV
taxlaw-2799	1372	11	concerned	concerned	ADJ
taxlaw-2799	1372	12	whether	whether	SCONJ
taxlaw-2799	1372	13	“	"	PUNCT
taxlaw-2799	1372	14	commodity	commodity	NOUN
taxlaw-2799	1372	15	options	option	NOUN
taxlaw-2799	1372	16	”	"	PUNCT
taxlaw-2799	1372	17	constituted	constitute	VERB
taxlaw-2799	1372	18	rfcs	rfc	VERB
taxlaw-2799	1372	19	under	under	ADP
taxlaw-2799	1372	20	then	then	ADV
taxlaw-2799	1372	21	-	-	PUNCT
taxlaw-2799	1372	22	current	current	ADJ
taxlaw-2799	1372	23	law	law	NOUN
taxlaw-2799	1372	24	.	.	PUNCT
taxlaw-2799	1373	1	a	a	DET
taxlaw-2799	1373	2	commodity	commodity	NOUN
taxlaw-2799	1373	3	option	option	NOUN
taxlaw-2799	1373	4	is	be	AUX
taxlaw-2799	1373	5	a	a	DET
taxlaw-2799	1373	6	contract	contract	NOUN
taxlaw-2799	1373	7	under	under	ADP
taxlaw-2799	1373	8	which	which	PRON
taxlaw-2799	1373	9	the	the	DET
taxlaw-2799	1373	10	writer	writer	NOUN
taxlaw-2799	1373	11	grants	grant	VERB
taxlaw-2799	1373	12	to	to	ADP
taxlaw-2799	1373	13	the	the	DET
taxlaw-2799	1373	14	holder	holder	NOUN
taxlaw-2799	1373	15	the	the	DET
taxlaw-2799	1373	16	right	right	NOUN
taxlaw-2799	1373	17	to	to	PART
taxlaw-2799	1373	18	enter	enter	VERB
taxlaw-2799	1373	19	into	into	ADP
taxlaw-2799	1373	20	a	a	DET
taxlaw-2799	1373	21	futures	future	NOUN
taxlaw-2799	1373	22	contract	contract	NOUN
taxlaw-2799	1373	23	to	to	PART
taxlaw-2799	1373	24	buy	buy	VERB
taxlaw-2799	1373	25	(	(	PUNCT
taxlaw-2799	1373	26	or	or	CCONJ
taxlaw-2799	1373	27	sell	sell	VERB
taxlaw-2799	1373	28	)	)	PUNCT
taxlaw-2799	1373	29	a	a	DET
taxlaw-2799	1373	30	designated	designate	VERB
taxlaw-2799	1373	31	commodity	commodity	NOUN
taxlaw-2799	1373	32	for	for	ADP
taxlaw-2799	1373	33	future	future	ADJ
taxlaw-2799	1373	34	delivery	delivery	NOUN
taxlaw-2799	1373	35	at	at	ADP
taxlaw-2799	1373	36	the	the	DET
taxlaw-2799	1373	37	strike	strike	NOUN
taxlaw-2799	1373	38	price	price	NOUN
taxlaw-2799	1373	39	during	during	ADP
taxlaw-2799	1373	40	the	the	DET
taxlaw-2799	1373	41	option	option	NOUN
taxlaw-2799	1373	42	period	period	NOUN
taxlaw-2799	1373	43	.	.	PUNCT
taxlaw-2799	1374	1	accordingly	accordingly	ADV
taxlaw-2799	1374	2	,	,	PUNCT
taxlaw-2799	1374	3	if	if	SCONJ
taxlaw-2799	1374	4	the	the	DET
taxlaw-2799	1374	5	option	option	NOUN
taxlaw-2799	1374	6	is	be	AUX
taxlaw-2799	1374	7	exercised	exercise	VERB
taxlaw-2799	1374	8	,	,	PUNCT
taxlaw-2799	1374	9	the	the	DET
taxlaw-2799	1374	10	purchaser	purchaser	NOUN
taxlaw-2799	1374	11	of	of	ADP
taxlaw-2799	1374	12	a	a	DET
taxlaw-2799	1374	13	“	"	PUNCT
taxlaw-2799	1374	14	call	call	NOUN
taxlaw-2799	1374	15	”	"	PUNCT
taxlaw-2799	1374	16	commodity	commodity	NOUN
taxlaw-2799	1374	17	option	option	NOUN
taxlaw-2799	1374	18	enters	enter	VERB
taxlaw-2799	1374	19	into	into	ADP
taxlaw-2799	1374	20	a	a	DET
taxlaw-2799	1374	21	“	"	PUNCT
taxlaw-2799	1374	22	long	long	ADJ
taxlaw-2799	1374	23	”	"	PUNCT
taxlaw-2799	1374	24	rfc	rfc	NOUN
taxlaw-2799	1374	25	(	(	PUNCT
taxlaw-2799	1374	26	an	an	DET
taxlaw-2799	1374	27	rfc	rfc	NOUN
taxlaw-2799	1374	28	to	to	PART
taxlaw-2799	1374	29	buy	buy	VERB
taxlaw-2799	1374	30	a	a	DET
taxlaw-2799	1374	31	commodity	commodity	NOUN
taxlaw-2799	1374	32	)	)	PUNCT
taxlaw-2799	1374	33	,	,	PUNCT
taxlaw-2799	1374	34	and	and	CCONJ
taxlaw-2799	1374	35	the	the	DET
taxlaw-2799	1374	36	writer	writer	NOUN
taxlaw-2799	1374	37	of	of	ADP
taxlaw-2799	1374	38	that	that	DET
taxlaw-2799	1374	39	option	option	NOUN
taxlaw-2799	1374	40	enters	enter	VERB
taxlaw-2799	1374	41	into	into	ADP
taxlaw-2799	1374	42	the	the	DET
taxlaw-2799	1374	43	corresponding	corresponding	ADJ
taxlaw-2799	1374	44	“	"	PUNCT
taxlaw-2799	1374	45	short	short	ADJ
taxlaw-2799	1374	46	”	"	PUNCT
taxlaw-2799	1374	47	rfc	rfc	NOUN
taxlaw-2799	1374	48	(	(	PUNCT
taxlaw-2799	1374	49	an	an	DET
taxlaw-2799	1374	50	rfc	rfc	NOUN
taxlaw-2799	1374	51	to	to	PART
taxlaw-2799	1374	52	sell	sell	VERB
taxlaw-2799	1374	53	the	the	DET
taxlaw-2799	1374	54	commodity	commodity	NOUN
taxlaw-2799	1374	55	)	)	PUNCT
taxlaw-2799	1374	56	;	;	PUNCT
taxlaw-2799	1374	57	the	the	DET
taxlaw-2799	1374	58	purchaser	purchaser	NOUN
taxlaw-2799	1374	59	and	and	CCONJ
taxlaw-2799	1374	60	writer	writer	NOUN
taxlaw-2799	1374	61	of	of	ADP
taxlaw-2799	1374	62	a	a	DET
taxlaw-2799	1374	63	“	"	PUNCT
taxlaw-2799	1374	64	put	put	NOUN
taxlaw-2799	1374	65	”	"	PUNCT
taxlaw-2799	1374	66	commodity	commodity	NOUN
taxlaw-2799	1374	67	option	option	NOUN
taxlaw-2799	1374	68	correspondingly	correspondingly	ADV
taxlaw-2799	1374	69	enter	enter	VERB
taxlaw-2799	1374	70	into	into	ADP
taxlaw-2799	1374	71	a	a	DET
taxlaw-2799	1374	72	“	"	PUNCT
taxlaw-2799	1374	73	short	short	ADJ
taxlaw-2799	1374	74	”	"	PUNCT
taxlaw-2799	1374	75	or	or	CCONJ
taxlaw-2799	1374	76	“	"	PUNCT
taxlaw-2799	1374	77	long	long	ADJ
taxlaw-2799	1374	78	”	"	PUNCT
taxlaw-2799	1374	79	rfc	rfc	PROPN
taxlaw-2799	1374	80	,	,	PUNCT
taxlaw-2799	1374	81	respectively	respectively	ADV
taxlaw-2799	1374	82	,	,	PUNCT
taxlaw-2799	1374	83	on	on	ADP
taxlaw-2799	1374	84	exercise	exercise	NOUN
taxlaw-2799	1374	85	.	.	PUNCT
taxlaw-2799	1375	1	like	like	ADP
taxlaw-2799	1375	2	other	other	ADJ
taxlaw-2799	1375	3	options	option	NOUN
taxlaw-2799	1375	4	,	,	PUNCT
taxlaw-2799	1375	5	a	a	DET
taxlaw-2799	1375	6	commodity	commodity	NOUN
taxlaw-2799	1375	7	option	option	NOUN
taxlaw-2799	1375	8	may	may	AUX
taxlaw-2799	1375	9	also	also	ADV
taxlaw-2799	1375	10	expire	expire	VERB
taxlaw-2799	1375	11	unexercised	unexercised	ADJ
taxlaw-2799	1375	12	.	.	PUNCT
taxlaw-2799	1376	1	commodity	commodity	NOUN
taxlaw-2799	1376	2	options	option	NOUN
taxlaw-2799	1376	3	were	be	AUX
taxlaw-2799	1376	4	traded	trade	VERB
taxlaw-2799	1376	5	on	on	ADP
taxlaw-2799	1376	6	cftc	cftc	PROPN
taxlaw-2799	1376	7	-	-	PUNCT
taxlaw-2799	1376	8	regulated	regulate	VERB
taxlaw-2799	1376	9	exchanges	exchange	NOUN
taxlaw-2799	1376	10	and	and	CCONJ
taxlaw-2799	1376	11	thus	thus	ADV
taxlaw-2799	1376	12	satisfied	satisfy	VERB
taxlaw-2799	1376	13	the	the	DET
taxlaw-2799	1376	14	second	second	ADJ
taxlaw-2799	1376	15	clause	clause	NOUN
taxlaw-2799	1376	16	in	in	ADP
taxlaw-2799	1376	17	the	the	DET
taxlaw-2799	1376	18	definition	definition	NOUN
taxlaw-2799	1376	19	of	of	ADP
taxlaw-2799	1376	20	rfc	rfc	PROPN
taxlaw-2799	1376	21	.	.	PUNCT
taxlaw-2799	1377	1	their	their	PRON
taxlaw-2799	1377	2	margin	margin	NOUN
taxlaw-2799	1377	3	arrangements	arrangement	NOUN
taxlaw-2799	1377	4	were	be	AUX
taxlaw-2799	1377	5	more	more	ADV
taxlaw-2799	1377	6	complicated	complicated	ADJ
taxlaw-2799	1377	7	.	.	PUNCT
taxlaw-2799	1378	1	the	the	DET
taxlaw-2799	1378	2	grantor	grantor	NOUN
taxlaw-2799	1378	3	of	of	ADP
taxlaw-2799	1378	4	a	a	DET
taxlaw-2799	1378	5	commodity	commodity	NOUN
taxlaw-2799	1378	6	option	option	NOUN
taxlaw-2799	1378	7	must	must	AUX
taxlaw-2799	1378	8	post	post	VERB
taxlaw-2799	1378	9	“	"	PUNCT
taxlaw-2799	1378	10	good	good	ADJ
taxlaw-2799	1378	11	faith	faith	NOUN
taxlaw-2799	1378	12	”	"	PUNCT
taxlaw-2799	1378	13	margin	margin	NOUN
taxlaw-2799	1378	14	,	,	PUNCT
taxlaw-2799	1378	15	a	a	DET
taxlaw-2799	1378	16	fixed	fix	VERB
taxlaw-2799	1378	17	amount	amount	NOUN
taxlaw-2799	1378	18	negotiated	negotiate	VERB
taxlaw-2799	1378	19	at	at	ADP
taxlaw-2799	1378	20	the	the	DET
taxlaw-2799	1378	21	outset	outset	NOUN
taxlaw-2799	1378	22	,	,	PUNCT
taxlaw-2799	1378	23	and	and	CCONJ
taxlaw-2799	1378	24	“	"	PUNCT
taxlaw-2799	1378	25	premium	premium	ADJ
taxlaw-2799	1378	26	”	"	PUNCT
taxlaw-2799	1378	27	margin	margin	NOUN
taxlaw-2799	1378	28	,	,	PUNCT
taxlaw-2799	1378	29	an	an	DET
taxlaw-2799	1378	30	amount	amount	NOUN
taxlaw-2799	1378	31	equal	equal	ADJ
taxlaw-2799	1378	32	to	to	ADP
taxlaw-2799	1378	33	the	the	DET
taxlaw-2799	1378	34	current	current	ADJ
taxlaw-2799	1378	35	premium	premium	NOUN
taxlaw-2799	1378	36	for	for	ADP
taxlaw-2799	1378	37	the	the	DET
taxlaw-2799	1378	38	margin	margin	NOUN
taxlaw-2799	1378	39	,	,	PUNCT
taxlaw-2799	1378	40	119	119	NUM
taxlaw-2799	1378	41	for	for	ADP
taxlaw-2799	1378	42	a	a	DET
taxlaw-2799	1378	43	contemporary	contemporary	ADJ
taxlaw-2799	1378	44	description	description	NOUN
taxlaw-2799	1378	45	of	of	ADP
taxlaw-2799	1378	46	the	the	DET
taxlaw-2799	1378	47	issues	issue	NOUN
taxlaw-2799	1378	48	and	and	CCONJ
taxlaw-2799	1378	49	the	the	DET
taxlaw-2799	1378	50	various	various	ADJ
taxlaw-2799	1378	51	proposals	proposal	NOUN
taxlaw-2799	1378	52	made	make	VERB
taxlaw-2799	1378	53	to	to	PART
taxlaw-2799	1378	54	resolve	resolve	VERB
taxlaw-2799	1378	55	them	they	PRON
taxlaw-2799	1378	56	,	,	PUNCT
taxlaw-2799	1378	57	see	see	VERB
taxlaw-2799	1378	58	james	james	PROPN
taxlaw-2799	1378	59	w.	w.	PROPN
taxlaw-2799	1378	60	wetzler	wetzler	PROPN
taxlaw-2799	1378	61	,	,	PUNCT
taxlaw-2799	1378	62	the	the	DET
taxlaw-2799	1378	63	tax	tax	NOUN
taxlaw-2799	1378	64	treatment	treatment	NOUN
taxlaw-2799	1378	65	of	of	ADP
taxlaw-2799	1378	66	securities	security	NOUN
taxlaw-2799	1378	67	transactions	transaction	NOUN
taxlaw-2799	1378	68	under	under	ADP
taxlaw-2799	1378	69	the	the	DET
taxlaw-2799	1378	70	tax	tax	NOUN
taxlaw-2799	1378	71	reform	reform	NOUN
taxlaw-2799	1378	72	act	act	NOUN
taxlaw-2799	1378	73	of	of	ADP
taxlaw-2799	1378	74	1984	1984	NUM
taxlaw-2799	1378	75	,	,	PUNCT
taxlaw-2799	1378	76	25	25	NUM
taxlaw-2799	1378	77	tax	tax	NOUN
taxlaw-2799	1378	78	notes	note	NOUN
taxlaw-2799	1378	79	453	453	NUM
taxlaw-2799	1378	80	(	(	PUNCT
taxlaw-2799	1378	81	1984	1984	NUM
taxlaw-2799	1378	82	)	)	PUNCT
taxlaw-2799	1378	83	;	;	PUNCT
taxlaw-2799	1378	84	see	see	VERB
taxlaw-2799	1378	85	also	also	ADV
taxlaw-2799	1378	86	kramer	kramer	PROPN
taxlaw-2799	1378	87	,	,	PUNCT
taxlaw-2799	1378	88	supra	supra	PROPN
taxlaw-2799	1378	89	note	note	PROPN
taxlaw-2799	1378	90	49	49	NUM
taxlaw-2799	1378	91	,	,	PUNCT
taxlaw-2799	1378	92	§	§	NOUN
taxlaw-2799	1378	93	62.03[c	62.03[c	NOUN
taxlaw-2799	1378	94	]	]	PUNCT
taxlaw-2799	1378	95	,	,	PUNCT
taxlaw-2799	1378	96	pages	page	NOUN
taxlaw-2799	1378	97	62,027	62,027	NUM
taxlaw-2799	1378	98	-	-	SYM
taxlaw-2799	1378	99	31	31	NUM
taxlaw-2799	1378	100	(	(	PUNCT
taxlaw-2799	1378	101	describing	describe	VERB
taxlaw-2799	1378	102	the	the	DET
taxlaw-2799	1378	103	positions	position	NOUN
taxlaw-2799	1378	104	taken	take	VERB
taxlaw-2799	1378	105	by	by	ADP
taxlaw-2799	1378	106	different	different	ADJ
taxlaw-2799	1378	107	groups	group	NOUN
taxlaw-2799	1378	108	of	of	ADP
taxlaw-2799	1378	109	taxpayers	taxpayer	NOUN
taxlaw-2799	1378	110	)	)	PUNCT
taxlaw-2799	1378	111	.	.	PUNCT
taxlaw-2799	1379	1	2011	2011	NUM
taxlaw-2799	1379	2	]	]	PUNCT
taxlaw-2799	1380	1	ew	ew	NOUN
taxlaw-2799	1380	2	tax	tax	NOUN
taxlaw-2799	1380	3	issues	issue	NOUN
taxlaw-2799	1380	4	arisi	arisi	VERB
taxlaw-2799	1380	5	g	g	PROPN
taxlaw-2799	1380	6	from	from	ADP
taxlaw-2799	1380	7	the	the	DET
taxlaw-2799	1380	8	dodd	dodd	NOUN
taxlaw-2799	1380	9	-	-	PUNCT
taxlaw-2799	1380	10	fra	fra	PROPN
taxlaw-2799	1380	11	k	k	PROPN
taxlaw-2799	1380	12	act	act	PROPN
taxlaw-2799	1380	13	67	67	NUM
taxlaw-2799	1380	14	marked	mark	VERB
taxlaw-2799	1380	15	to	to	PART
taxlaw-2799	1380	16	market	market	VERB
taxlaw-2799	1380	17	daily	daily	ADV
taxlaw-2799	1380	18	.	.	PUNCT
taxlaw-2799	1381	1	the	the	DET
taxlaw-2799	1381	2	purchaser	purchaser	NOUN
taxlaw-2799	1381	3	of	of	ADP
taxlaw-2799	1381	4	the	the	DET
taxlaw-2799	1381	5	option	option	NOUN
taxlaw-2799	1381	6	is	be	AUX
taxlaw-2799	1381	7	not	not	PART
taxlaw-2799	1381	8	required	require	VERB
taxlaw-2799	1381	9	to	to	PART
taxlaw-2799	1381	10	deposit	deposit	VERB
taxlaw-2799	1381	11	additional	additional	ADJ
taxlaw-2799	1381	12	funds	fund	NOUN
taxlaw-2799	1381	13	during	during	ADP
taxlaw-2799	1381	14	the	the	DET
taxlaw-2799	1381	15	life	life	NOUN
taxlaw-2799	1381	16	of	of	ADP
taxlaw-2799	1381	17	the	the	DET
taxlaw-2799	1381	18	contract	contract	NOUN
taxlaw-2799	1381	19	.	.	PUNCT
taxlaw-2799	1382	1	in	in	ADP
taxlaw-2799	1382	2	addition	addition	NOUN
taxlaw-2799	1382	3	,	,	PUNCT
taxlaw-2799	1382	4	the	the	DET
taxlaw-2799	1382	5	purchaser	purchaser	NOUN
taxlaw-2799	1382	6	is	be	AUX
taxlaw-2799	1382	7	not	not	PART
taxlaw-2799	1382	8	entitled	entitle	VERB
taxlaw-2799	1382	9	to	to	PART
taxlaw-2799	1382	10	receive	receive	VERB
taxlaw-2799	1382	11	collateral	collateral	NOUN
taxlaw-2799	1382	12	posted	post	VERB
taxlaw-2799	1382	13	by	by	ADP
taxlaw-2799	1382	14	the	the	DET
taxlaw-2799	1382	15	grantor	grantor	NOUN
taxlaw-2799	1382	16	during	during	ADP
taxlaw-2799	1382	17	the	the	DET
taxlaw-2799	1382	18	life	life	NOUN
taxlaw-2799	1382	19	of	of	ADP
taxlaw-2799	1382	20	the	the	DET
taxlaw-2799	1382	21	contract	contract	NOUN
taxlaw-2799	1382	22	,	,	PUNCT
taxlaw-2799	1382	23	regardless	regardless	ADV
taxlaw-2799	1382	24	of	of	ADP
taxlaw-2799	1382	25	any	any	DET
taxlaw-2799	1382	26	variation	variation	NOUN
taxlaw-2799	1382	27	in	in	ADP
taxlaw-2799	1382	28	the	the	DET
taxlaw-2799	1382	29	value	value	NOUN
taxlaw-2799	1382	30	of	of	ADP
taxlaw-2799	1382	31	the	the	DET
taxlaw-2799	1382	32	contract	contract	NOUN
taxlaw-2799	1382	33	.	.	PUNCT
taxlaw-2799	1383	1	rather	rather	ADV
taxlaw-2799	1383	2	,	,	PUNCT
taxlaw-2799	1383	3	the	the	DET
taxlaw-2799	1383	4	collateral	collateral	NOUN
taxlaw-2799	1383	5	remains	remain	VERB
taxlaw-2799	1383	6	the	the	DET
taxlaw-2799	1383	7	property	property	NOUN
taxlaw-2799	1383	8	of	of	ADP
taxlaw-2799	1383	9	the	the	DET
taxlaw-2799	1383	10	grantor	grantor	NOUN
taxlaw-2799	1383	11	,	,	PUNCT
taxlaw-2799	1383	12	who	who	PRON
taxlaw-2799	1383	13	is	be	AUX
taxlaw-2799	1383	14	entitled	entitle	VERB
taxlaw-2799	1383	15	to	to	ADP
taxlaw-2799	1383	16	a	a	DET
taxlaw-2799	1383	17	return	return	NOUN
taxlaw-2799	1383	18	on	on	ADP
taxlaw-2799	1383	19	the	the	DET
taxlaw-2799	1383	20	collateral	collateral	NOUN
taxlaw-2799	1383	21	.	.	PUNCT
taxlaw-2799	1384	1	thus	thus	ADV
taxlaw-2799	1384	2	,	,	PUNCT
taxlaw-2799	1384	3	the	the	DET
taxlaw-2799	1384	4	commodity	commodity	NOUN
taxlaw-2799	1384	5	option	option	NOUN
taxlaw-2799	1384	6	margin	margin	NOUN
taxlaw-2799	1384	7	system	system	NOUN
taxlaw-2799	1384	8	resembled	resemble	VERB
taxlaw-2799	1384	9	in	in	ADP
taxlaw-2799	1384	10	some	some	DET
taxlaw-2799	1384	11	respects	respect	NOUN
taxlaw-2799	1384	12	the	the	DET
taxlaw-2799	1384	13	mark	mark	NOUN
taxlaw-2799	1384	14	-	-	PUNCT
taxlaw-2799	1384	15	to	to	ADP
taxlaw-2799	1384	16	-	-	PUNCT
taxlaw-2799	1384	17	market	market	NOUN
taxlaw-2799	1384	18	system	system	NOUN
taxlaw-2799	1384	19	for	for	ADP
taxlaw-2799	1384	20	futures	future	NOUN
taxlaw-2799	1384	21	contracts	contract	NOUN
taxlaw-2799	1384	22	insofar	insofar	ADV
taxlaw-2799	1384	23	as	as	SCONJ
taxlaw-2799	1384	24	grantors	grantor	NOUN
taxlaw-2799	1384	25	of	of	ADP
taxlaw-2799	1384	26	options	option	NOUN
taxlaw-2799	1384	27	are	be	AUX
taxlaw-2799	1384	28	concerned	concern	VERB
taxlaw-2799	1384	29	,	,	PUNCT
taxlaw-2799	1384	30	but	but	CCONJ
taxlaw-2799	1384	31	not	not	PART
taxlaw-2799	1384	32	insofar	insofar	ADV
taxlaw-2799	1384	33	as	as	SCONJ
taxlaw-2799	1384	34	purchasers	purchaser	NOUN
taxlaw-2799	1384	35	of	of	ADP
taxlaw-2799	1384	36	options	option	NOUN
taxlaw-2799	1384	37	are	be	AUX
taxlaw-2799	1384	38	concerned	concern	VERB
taxlaw-2799	1384	39	.	.	PUNCT
taxlaw-2799	1385	1	thus	thus	ADV
taxlaw-2799	1385	2	,	,	PUNCT
taxlaw-2799	1385	3	it	it	PRON
taxlaw-2799	1385	4	was	be	AUX
taxlaw-2799	1385	5	possible	possible	ADJ
taxlaw-2799	1385	6	that	that	SCONJ
taxlaw-2799	1385	7	written	write	VERB
taxlaw-2799	1385	8	commodity	commodity	NOUN
taxlaw-2799	1385	9	options	option	NOUN
taxlaw-2799	1385	10	were	be	AUX
taxlaw-2799	1385	11	rfcs	rfc	VERB
taxlaw-2799	1385	12	but	but	CCONJ
taxlaw-2799	1385	13	purchased	purchase	VERB
taxlaw-2799	1385	14	commodity	commodity	NOUN
taxlaw-2799	1385	15	options	option	NOUN
taxlaw-2799	1385	16	were	be	AUX
taxlaw-2799	1385	17	not	not	PART
taxlaw-2799	1385	18	.	.	PUNCT
taxlaw-2799	1386	1	the	the	DET
taxlaw-2799	1386	2	new	new	PROPN
taxlaw-2799	1386	3	york	york	PROPN
taxlaw-2799	1386	4	coffee	coffee	NOUN
taxlaw-2799	1386	5	,	,	PUNCT
taxlaw-2799	1386	6	sugar	sugar	NOUN
taxlaw-2799	1386	7	and	and	CCONJ
taxlaw-2799	1386	8	cocoa	cocoa	NOUN
taxlaw-2799	1386	9	exchange	exchange	PROPN
taxlaw-2799	1386	10	,	,	PUNCT
taxlaw-2799	1386	11	inc	inc	PROPN
taxlaw-2799	1386	12	.	.	PROPN
taxlaw-2799	1386	13	(	(	PUNCT
taxlaw-2799	1386	14	the	the	DET
taxlaw-2799	1386	15	"	"	PUNCT
taxlaw-2799	1386	16	csce	csce	ADJ
taxlaw-2799	1386	17	"	"	PUNCT
taxlaw-2799	1386	18	)	)	PUNCT
taxlaw-2799	1386	19	,	,	PUNCT
taxlaw-2799	1386	20	a	a	DET
taxlaw-2799	1386	21	commodity	commodity	NOUN
taxlaw-2799	1386	22	exchange	exchange	NOUN
taxlaw-2799	1386	23	,	,	PUNCT
taxlaw-2799	1386	24	took	take	VERB
taxlaw-2799	1386	25	the	the	DET
taxlaw-2799	1386	26	position	position	NOUN
taxlaw-2799	1386	27	that	that	SCONJ
taxlaw-2799	1386	28	commodity	commodity	NOUN
taxlaw-2799	1386	29	options	option	NOUN
taxlaw-2799	1386	30	should	should	AUX
taxlaw-2799	1386	31	be	be	AUX
taxlaw-2799	1386	32	taxed	tax	VERB
taxlaw-2799	1386	33	like	like	ADP
taxlaw-2799	1386	34	the	the	DET
taxlaw-2799	1386	35	futures	future	NOUN
taxlaw-2799	1386	36	contracts	contract	NOUN
taxlaw-2799	1386	37	that	that	PRON
taxlaw-2799	1386	38	underlie	underlie	VERB
taxlaw-2799	1386	39	these	these	DET
taxlaw-2799	1386	40	options	option	NOUN
taxlaw-2799	1386	41	.	.	PUNCT
taxlaw-2799	1387	1	the	the	DET
taxlaw-2799	1387	2	csce	csce	NOUN
taxlaw-2799	1387	3	argued	argue	VERB
taxlaw-2799	1387	4	to	to	ADP
taxlaw-2799	1387	5	the	the	DET
taxlaw-2799	1387	6	treasury	treasury	PROPN
taxlaw-2799	1387	7	department	department	NOUN
taxlaw-2799	1387	8	that	that	SCONJ
taxlaw-2799	1387	9	the	the	DET
taxlaw-2799	1387	10	commodity	commodity	NOUN
taxlaw-2799	1387	11	option	option	NOUN
taxlaw-2799	1387	12	margin	margin	NOUN
taxlaw-2799	1387	13	system	system	NOUN
taxlaw-2799	1387	14	for	for	ADP
taxlaw-2799	1387	15	option	option	NOUN
taxlaw-2799	1387	16	writers	writer	NOUN
taxlaw-2799	1387	17	was	be	AUX
taxlaw-2799	1387	18	a	a	DET
taxlaw-2799	1387	19	system	system	NOUN
taxlaw-2799	1387	20	of	of	ADP
taxlaw-2799	1387	21	marking	mark	VERB
taxlaw-2799	1387	22	to	to	ADP
taxlaw-2799	1387	23	market	market	NOUN
taxlaw-2799	1387	24	that	that	PRON
taxlaw-2799	1387	25	fell	fall	VERB
taxlaw-2799	1387	26	within	within	ADP
taxlaw-2799	1387	27	the	the	DET
taxlaw-2799	1387	28	definition	definition	NOUN
taxlaw-2799	1387	29	of	of	ADP
taxlaw-2799	1387	30	a	a	DET
taxlaw-2799	1387	31	mark	mark	NOUN
taxlaw-2799	1387	32	-	-	PUNCT
taxlaw-2799	1387	33	to	to	ADP
taxlaw-2799	1387	34	-	-	PUNCT
taxlaw-2799	1387	35	market	market	NOUN
taxlaw-2799	1387	36	system	system	NOUN
taxlaw-2799	1387	37	for	for	ADP
taxlaw-2799	1387	38	rfcs	rfc	NOUN
taxlaw-2799	1387	39	.	.	PUNCT
taxlaw-2799	1388	1	the	the	DET
taxlaw-2799	1388	2	csce	csce	NOUN
taxlaw-2799	1388	3	conceded	concede	VERB
taxlaw-2799	1388	4	that	that	SCONJ
taxlaw-2799	1388	5	purchased	purchase	VERB
taxlaw-2799	1388	6	commodity	commodity	NOUN
taxlaw-2799	1388	7	options	option	NOUN
taxlaw-2799	1388	8	were	be	AUX
taxlaw-2799	1388	9	not	not	PART
taxlaw-2799	1388	10	subject	subject	ADJ
taxlaw-2799	1388	11	to	to	ADP
taxlaw-2799	1388	12	such	such	DET
taxlaw-2799	1388	13	a	a	DET
taxlaw-2799	1388	14	mark	mark	NOUN
taxlaw-2799	1388	15	-	-	PUNCT
taxlaw-2799	1388	16	to	to	ADP
taxlaw-2799	1388	17	-	-	PUNCT
taxlaw-2799	1388	18	market	market	NOUN
taxlaw-2799	1388	19	system	system	NOUN
taxlaw-2799	1388	20	and	and	CCONJ
taxlaw-2799	1388	21	were	be	AUX
taxlaw-2799	1388	22	not	not	PART
taxlaw-2799	1388	23	rfcs	rfc	VERB
taxlaw-2799	1388	24	,	,	PUNCT
taxlaw-2799	1388	25	but	but	CCONJ
taxlaw-2799	1388	26	argued	argue	VERB
taxlaw-2799	1388	27	that	that	SCONJ
taxlaw-2799	1388	28	gain	gain	NOUN
taxlaw-2799	1388	29	or	or	CCONJ
taxlaw-2799	1388	30	loss	loss	NOUN
taxlaw-2799	1388	31	on	on	ADP
taxlaw-2799	1388	32	commodity	commodity	NOUN
taxlaw-2799	1388	33	options	option	NOUN
taxlaw-2799	1388	34	held	hold	VERB
taxlaw-2799	1388	35	by	by	ADP
taxlaw-2799	1388	36	a	a	DET
taxlaw-2799	1388	37	taxpayer	taxpayer	NOUN
taxlaw-2799	1388	38	nevertheless	nevertheless	ADV
taxlaw-2799	1388	39	should	should	AUX
taxlaw-2799	1388	40	be	be	AUX
taxlaw-2799	1388	41	subject	subject	ADJ
taxlaw-2799	1388	42	to	to	ADP
taxlaw-2799	1388	43	60/40	60/40	NUM
taxlaw-2799	1388	44	treatment.120	treatment.120	ADJ
taxlaw-2799	1388	45	treasury	treasury	NOUN
taxlaw-2799	1388	46	disagreed	disagree	VERB
taxlaw-2799	1388	47	with	with	ADP
taxlaw-2799	1388	48	that	that	DET
taxlaw-2799	1388	49	conclusion	conclusion	NOUN
taxlaw-2799	1388	50	.	.	PUNCT
taxlaw-2799	1389	1	in	in	ADP
taxlaw-2799	1389	2	testimony	testimony	NOUN
taxlaw-2799	1389	3	submitted	submit	VERB
taxlaw-2799	1389	4	for	for	ADP
taxlaw-2799	1389	5	a	a	DET
taxlaw-2799	1389	6	hearing	hearing	NOUN
taxlaw-2799	1389	7	before	before	SCONJ
taxlaw-2799	1389	8	the	the	DET
taxlaw-2799	1389	9	house	house	PROPN
taxlaw-2799	1389	10	ways	way	NOUN
taxlaw-2799	1389	11	&	&	CCONJ
taxlaw-2799	1389	12	means	mean	VERB
taxlaw-2799	1389	13	committee	committee	NOUN
taxlaw-2799	1389	14	,	,	PUNCT
taxlaw-2799	1389	15	assistant	assistant	NOUN
taxlaw-2799	1389	16	secretary	secretary	NOUN
taxlaw-2799	1389	17	for	for	ADP
taxlaw-2799	1389	18	tax	tax	NOUN
taxlaw-2799	1389	19	policy	policy	NOUN
taxlaw-2799	1389	20	john	john	PROPN
taxlaw-2799	1389	21	chapoton	chapoton	PROPN
taxlaw-2799	1389	22	stated	state	VERB
taxlaw-2799	1389	23	“	"	PUNCT
taxlaw-2799	1389	24	in	in	ADP
taxlaw-2799	1389	25	our	our	PRON
taxlaw-2799	1389	26	view	view	NOUN
taxlaw-2799	1389	27	,	,	PUNCT
taxlaw-2799	1389	28	commodity	commodity	NOUN
taxlaw-2799	1389	29	options	option	NOUN
taxlaw-2799	1389	30	are	be	AUX
taxlaw-2799	1389	31	taxed	tax	VERB
taxlaw-2799	1389	32	under	under	ADP
taxlaw-2799	1389	33	the	the	DET
taxlaw-2799	1389	34	same	same	ADJ
taxlaw-2799	1389	35	rules	rule	NOUN
taxlaw-2799	1389	36	that	that	PRON
taxlaw-2799	1389	37	apply	apply	VERB
taxlaw-2799	1389	38	to	to	ADP
taxlaw-2799	1389	39	physical	physical	ADJ
taxlaw-2799	1389	40	options	option	NOUN
taxlaw-2799	1389	41	.	.	PUNCT
taxlaw-2799	1389	42	”	"	PUNCT
taxlaw-2799	1390	1	he	he	PRON
taxlaw-2799	1390	2	then	then	ADV
taxlaw-2799	1390	3	summarized	summarize	VERB
taxlaw-2799	1390	4	the	the	DET
taxlaw-2799	1390	5	arguments	argument	NOUN
taxlaw-2799	1390	6	made	make	VERB
taxlaw-2799	1390	7	by	by	ADP
taxlaw-2799	1390	8	the	the	DET
taxlaw-2799	1390	9	commodities	commodity	NOUN
taxlaw-2799	1390	10	exchanges	exchange	NOUN
taxlaw-2799	1390	11	,	,	PUNCT
taxlaw-2799	1390	12	and	and	CCONJ
taxlaw-2799	1390	13	stated	state	VERB
taxlaw-2799	1390	14	“	"	PUNCT
taxlaw-2799	1390	15	irrespective	irrespective	ADV
taxlaw-2799	1390	16	of	of	ADP
taxlaw-2799	1390	17	policy	policy	NOUN
taxlaw-2799	1390	18	considerations	consideration	NOUN
taxlaw-2799	1390	19	that	that	PRON
taxlaw-2799	1390	20	may	may	AUX
taxlaw-2799	1390	21	favor	favor	VERB
taxlaw-2799	1390	22	this	this	DET
taxlaw-2799	1390	23	result	result	NOUN
taxlaw-2799	1390	24	,	,	PUNCT
taxlaw-2799	1390	25	we	we	PRON
taxlaw-2799	1390	26	believe	believe	VERB
taxlaw-2799	1390	27	that	that	SCONJ
taxlaw-2799	1390	28	this	this	DET
taxlaw-2799	1390	29	interpretation	interpretation	NOUN
taxlaw-2799	1390	30	of	of	ADP
taxlaw-2799	1390	31	current	current	ADJ
taxlaw-2799	1390	32	law	law	NOUN
taxlaw-2799	1390	33	can	can	AUX
taxlaw-2799	1390	34	not	not	PART
taxlaw-2799	1390	35	be	be	AUX
taxlaw-2799	1390	36	sustained	sustain	VERB
taxlaw-2799	1390	37	under	under	ADP
taxlaw-2799	1390	38	the	the	DET
taxlaw-2799	1390	39	present	present	ADJ
taxlaw-2799	1390	40	statute	statute	NOUN
taxlaw-2799	1390	41	.	.	PUNCT
taxlaw-2799	1390	42	”	"	PUNCT
taxlaw-2799	1391	1	121	121	NUM
taxlaw-2799	1391	2	unfortunately	unfortunately	ADV
taxlaw-2799	1391	3	,	,	PUNCT
taxlaw-2799	1391	4	the	the	DET
taxlaw-2799	1391	5	basis	basis	NOUN
taxlaw-2799	1391	6	for	for	ADP
taxlaw-2799	1391	7	treasury	treasury	PROPN
taxlaw-2799	1391	8	’s	’s	PART
taxlaw-2799	1391	9	conclusion	conclusion	NOUN
taxlaw-2799	1391	10	was	be	AUX
taxlaw-2799	1391	11	not	not	PART
taxlaw-2799	1391	12	explained	explain	VERB
taxlaw-2799	1391	13	.	.	PUNCT
taxlaw-2799	1392	1	the	the	DET
taxlaw-2799	1392	2	joint	joint	ADJ
taxlaw-2799	1392	3	committee	committee	NOUN
taxlaw-2799	1392	4	on	on	ADP
taxlaw-2799	1392	5	taxation	taxation	NOUN
taxlaw-2799	1392	6	(	(	PUNCT
taxlaw-2799	1392	7	the	the	DET
taxlaw-2799	1392	8	“	"	PUNCT
taxlaw-2799	1392	9	jct	jct	NOUN
taxlaw-2799	1392	10	”	"	PUNCT
taxlaw-2799	1392	11	)	)	PUNCT
taxlaw-2799	1392	12	prepared	prepare	VERB
taxlaw-2799	1392	13	a	a	DET
taxlaw-2799	1392	14	pamphlet	pamphlet	NOUN
taxlaw-2799	1392	15	for	for	ADP
taxlaw-2799	1392	16	this	this	DET
taxlaw-2799	1392	17	same	same	ADJ
taxlaw-2799	1392	18	hearing	hearing	NOUN
taxlaw-2799	1392	19	that	that	PRON
taxlaw-2799	1392	20	discusses	discuss	VERB
taxlaw-2799	1392	21	the	the	DET
taxlaw-2799	1392	22	positions	position	NOUN
taxlaw-2799	1392	23	taken	take	VERB
taxlaw-2799	1392	24	by	by	ADP
taxlaw-2799	1392	25	various	various	ADJ
taxlaw-2799	1392	26	parties	party	NOUN
taxlaw-2799	1392	27	.	.	PUNCT
taxlaw-2799	1393	1	the	the	DET
taxlaw-2799	1393	2	pamphlet	pamphlet	NOUN
taxlaw-2799	1393	3	states	state	VERB
taxlaw-2799	1393	4	“	"	PUNCT
taxlaw-2799	1393	5	[	[	X
taxlaw-2799	1393	6	t]he	t]he	ADJ
taxlaw-2799	1393	7	staff	staff	NOUN
taxlaw-2799	1393	8	does	do	AUX
taxlaw-2799	1393	9	not	not	PART
taxlaw-2799	1393	10	believe	believe	VERB
taxlaw-2799	1393	11	that	that	SCONJ
taxlaw-2799	1393	12	[	[	X
taxlaw-2799	1393	13	the	the	DET
taxlaw-2799	1393	14	treatment	treatment	NOUN
taxlaw-2799	1393	15	of	of	ADP
taxlaw-2799	1393	16	120	120	NUM
taxlaw-2799	1393	17	the	the	DET
taxlaw-2799	1393	18	csce	csce	NOUN
taxlaw-2799	1393	19	argued	argue	VERB
taxlaw-2799	1393	20	that	that	SCONJ
taxlaw-2799	1393	21	under	under	ADP
taxlaw-2799	1393	22	the	the	DET
taxlaw-2799	1393	23	general	general	ADJ
taxlaw-2799	1393	24	option	option	NOUN
taxlaw-2799	1393	25	rules	rule	NOUN
taxlaw-2799	1393	26	of	of	ADP
taxlaw-2799	1393	27	section	section	NOUN
taxlaw-2799	1393	28	1234	1234	NUM
taxlaw-2799	1393	29	,	,	PUNCT
taxlaw-2799	1393	30	gain	gain	NOUN
taxlaw-2799	1393	31	or	or	CCONJ
taxlaw-2799	1393	32	loss	loss	NOUN
taxlaw-2799	1393	33	from	from	ADP
taxlaw-2799	1393	34	the	the	DET
taxlaw-2799	1393	35	sale	sale	NOUN
taxlaw-2799	1393	36	or	or	CCONJ
taxlaw-2799	1393	37	exchange	exchange	NOUN
taxlaw-2799	1393	38	of	of	ADP
taxlaw-2799	1393	39	an	an	DET
taxlaw-2799	1393	40	option	option	NOUN
taxlaw-2799	1393	41	has	have	VERB
taxlaw-2799	1393	42	the	the	DET
taxlaw-2799	1393	43	same	same	ADJ
taxlaw-2799	1393	44	“	"	PUNCT
taxlaw-2799	1393	45	character	character	NOUN
taxlaw-2799	1393	46	”	"	PUNCT
taxlaw-2799	1393	47	as	as	ADP
taxlaw-2799	1393	48	the	the	DET
taxlaw-2799	1393	49	property	property	NOUN
taxlaw-2799	1393	50	underlying	underlie	VERB
taxlaw-2799	1393	51	the	the	DET
taxlaw-2799	1393	52	option	option	NOUN
taxlaw-2799	1393	53	(	(	PUNCT
taxlaw-2799	1393	54	i.e.	i.e.	X
taxlaw-2799	1393	55	,	,	PUNCT
taxlaw-2799	1393	56	rfcs	rfc	NOUN
taxlaw-2799	1393	57	)	)	PUNCT
taxlaw-2799	1393	58	,	,	PUNCT
taxlaw-2799	1393	59	and	and	CCONJ
taxlaw-2799	1393	60	that	that	SCONJ
taxlaw-2799	1393	61	because	because	SCONJ
taxlaw-2799	1393	62	§	§	PROPN
taxlaw-2799	1393	63	1256	1256	NUM
taxlaw-2799	1393	64	determined	determine	VERB
taxlaw-2799	1393	65	the	the	DET
taxlaw-2799	1393	66	character	character	NOUN
taxlaw-2799	1393	67	—	—	PUNCT
taxlaw-2799	1393	68	technically	technically	ADV
taxlaw-2799	1393	69	,	,	PUNCT
taxlaw-2799	1393	70	the	the	DET
taxlaw-2799	1393	71	holding	hold	VERB
taxlaw-2799	1393	72	period	period	NOUN
taxlaw-2799	1393	73	—	—	PUNCT
taxlaw-2799	1393	74	of	of	ADP
taxlaw-2799	1393	75	gain	gain	NOUN
taxlaw-2799	1393	76	or	or	CCONJ
taxlaw-2799	1393	77	loss	loss	NOUN
taxlaw-2799	1393	78	on	on	ADP
taxlaw-2799	1393	79	futures	future	NOUN
taxlaw-2799	1393	80	contracts	contract	NOUN
taxlaw-2799	1393	81	(	(	PUNCT
taxlaw-2799	1393	82	as	as	ADP
taxlaw-2799	1393	83	60	60	NUM
taxlaw-2799	1393	84	%	%	NOUN
taxlaw-2799	1393	85	long	long	ADJ
taxlaw-2799	1393	86	-	-	PUNCT
taxlaw-2799	1393	87	term	term	NOUN
taxlaw-2799	1393	88	and	and	CCONJ
taxlaw-2799	1393	89	40	40	NUM
taxlaw-2799	1393	90	%	%	NOUN
taxlaw-2799	1393	91	short	short	ADJ
taxlaw-2799	1393	92	-	-	PUNCT
taxlaw-2799	1393	93	term	term	NOUN
taxlaw-2799	1393	94	capital	capital	NOUN
taxlaw-2799	1393	95	gain	gain	NOUN
taxlaw-2799	1393	96	or	or	CCONJ
taxlaw-2799	1393	97	loss	loss	NOUN
taxlaw-2799	1393	98	)	)	PUNCT
taxlaw-2799	1393	99	,	,	PUNCT
taxlaw-2799	1393	100	the	the	DET
taxlaw-2799	1393	101	character	character	NOUN
taxlaw-2799	1393	102	of	of	ADP
taxlaw-2799	1393	103	gain	gain	NOUN
taxlaw-2799	1393	104	or	or	CCONJ
taxlaw-2799	1393	105	loss	loss	NOUN
taxlaw-2799	1393	106	on	on	ADP
taxlaw-2799	1393	107	purchased	purchase	VERB
taxlaw-2799	1393	108	commodity	commodity	NOUN
taxlaw-2799	1393	109	options	option	NOUN
taxlaw-2799	1393	110	should	should	AUX
taxlaw-2799	1393	111	also	also	ADV
taxlaw-2799	1393	112	be	be	AUX
taxlaw-2799	1393	113	governed	govern	VERB
taxlaw-2799	1393	114	by	by	ADP
taxlaw-2799	1393	115	§	§	PROPN
taxlaw-2799	1393	116	1256	1256	NUM
taxlaw-2799	1393	117	.	.	PUNCT
taxlaw-2799	1394	1	these	these	DET
taxlaw-2799	1394	2	arguments	argument	NOUN
taxlaw-2799	1394	3	were	be	AUX
taxlaw-2799	1394	4	made	make	VERB
taxlaw-2799	1394	5	in	in	ADP
taxlaw-2799	1394	6	a	a	DET
taxlaw-2799	1394	7	may	may	PROPN
taxlaw-2799	1394	8	1982	1982	NUM
taxlaw-2799	1394	9	ruling	ruling	NOUN
taxlaw-2799	1394	10	request	request	NOUN
taxlaw-2799	1394	11	to	to	ADP
taxlaw-2799	1394	12	the	the	DET
taxlaw-2799	1394	13	internal	internal	ADJ
taxlaw-2799	1394	14	revenue	revenue	NOUN
taxlaw-2799	1394	15	service	service	NOUN
taxlaw-2799	1394	16	,	,	PUNCT
taxlaw-2799	1394	17	and	and	CCONJ
taxlaw-2799	1394	18	a	a	DET
taxlaw-2799	1394	19	september	september	PROPN
taxlaw-2799	1394	20	1982	1982	NUM
taxlaw-2799	1394	21	memorandum	memorandum	NOUN
taxlaw-2799	1394	22	to	to	ADP
taxlaw-2799	1394	23	treasury	treasury	PROPN
taxlaw-2799	1394	24	,	,	PUNCT
taxlaw-2799	1394	25	copies	copy	NOUN
taxlaw-2799	1394	26	of	of	ADP
taxlaw-2799	1394	27	which	which	PRON
taxlaw-2799	1394	28	became	become	VERB
taxlaw-2799	1394	29	part	part	NOUN
taxlaw-2799	1394	30	of	of	ADP
taxlaw-2799	1394	31	the	the	DET
taxlaw-2799	1394	32	legislative	legislative	ADJ
taxlaw-2799	1394	33	history	history	NOUN
taxlaw-2799	1394	34	of	of	ADP
taxlaw-2799	1394	35	the	the	DET
taxlaw-2799	1394	36	1984	1984	NUM
taxlaw-2799	1394	37	amendments	amendment	NOUN
taxlaw-2799	1394	38	to	to	ADP
taxlaw-2799	1394	39	§	§	PROPN
taxlaw-2799	1394	40	1256	1256	NUM
taxlaw-2799	1394	41	.	.	PUNCT
taxlaw-2799	1395	1	letter	letter	NOUN
taxlaw-2799	1395	2	and	and	CCONJ
taxlaw-2799	1395	3	supporting	support	VERB
taxlaw-2799	1395	4	memorandum	memorandum	NOUN
taxlaw-2799	1395	5	on	on	ADP
taxlaw-2799	1395	6	the	the	DET
taxlaw-2799	1395	7	tax	tax	NOUN
taxlaw-2799	1395	8	treatment	treatment	NOUN
taxlaw-2799	1395	9	of	of	ADP
taxlaw-2799	1395	10	options	option	NOUN
taxlaw-2799	1395	11	on	on	ADP
taxlaw-2799	1395	12	commodity	commodity	NOUN
taxlaw-2799	1395	13	futures	future	NOUN
taxlaw-2799	1395	14	contracts	contract	NOUN
taxlaw-2799	1395	15	,	,	PUNCT
taxlaw-2799	1395	16	from	from	ADP
taxlaw-2799	1395	17	donald	donald	PROPN
taxlaw-2799	1395	18	schapiro	schapiro	PROPN
taxlaw-2799	1395	19	on	on	ADP
taxlaw-2799	1395	20	behalf	behalf	NOUN
taxlaw-2799	1395	21	of	of	ADP
taxlaw-2799	1395	22	the	the	DET
taxlaw-2799	1395	23	coffee	coffee	NOUN
taxlaw-2799	1395	24	,	,	PUNCT
taxlaw-2799	1395	25	sugar	sugar	NOUN
taxlaw-2799	1395	26	and	and	CCONJ
taxlaw-2799	1395	27	cocoa	cocoa	NOUN
taxlaw-2799	1395	28	exchange	exchange	NOUN
taxlaw-2799	1395	29	to	to	ADP
taxlaw-2799	1395	30	john	john	PROPN
taxlaw-2799	1395	31	chapoton	chapoton	PROPN
taxlaw-2799	1395	32	,	,	PUNCT
taxlaw-2799	1395	33	assistant	assistant	PROPN
taxlaw-2799	1395	34	secretary	secretary	NOUN
taxlaw-2799	1395	35	of	of	ADP
taxlaw-2799	1395	36	the	the	DET
taxlaw-2799	1395	37	treasury	treasury	PROPN
taxlaw-2799	1395	38	(	(	PUNCT
taxlaw-2799	1395	39	sept	sept	PROPN
taxlaw-2799	1395	40	.	.	PROPN
taxlaw-2799	1395	41	29	29	NUM
taxlaw-2799	1395	42	,	,	PUNCT
taxlaw-2799	1395	43	1982	1982	NUM
taxlaw-2799	1395	44	)	)	PUNCT
taxlaw-2799	1395	45	,	,	PUNCT
taxlaw-2799	1395	46	reprinted	reprint	VERB
taxlaw-2799	1395	47	as	as	SCONJ
taxlaw-2799	1395	48	tax	tax	NOUN
taxlaw-2799	1395	49	notes	note	NOUN
taxlaw-2799	1395	50	document	document	NOUN
taxlaw-2799	1395	51	no	no	INTJ
taxlaw-2799	1395	52	.	.	NOUN
taxlaw-2799	1395	53	82	82	NUM
taxlaw-2799	1395	54	-	-	PUNCT
taxlaw-2799	1395	55	9883	9883	NUM
taxlaw-2799	1395	56	.	.	PUNCT
taxlaw-2799	1396	1	several	several	ADJ
taxlaw-2799	1396	2	securities	security	NOUN
taxlaw-2799	1396	3	exchanges	exchange	NOUN
taxlaw-2799	1396	4	submitted	submit	VERB
taxlaw-2799	1396	5	memoranda	memorandum	NOUN
taxlaw-2799	1396	6	criticizing	criticize	VERB
taxlaw-2799	1396	7	these	these	DET
taxlaw-2799	1396	8	arguments	argument	NOUN
taxlaw-2799	1396	9	and	and	CCONJ
taxlaw-2799	1396	10	making	make	VERB
taxlaw-2799	1396	11	alternative	alternative	ADJ
taxlaw-2799	1396	12	proposals	proposal	NOUN
taxlaw-2799	1396	13	.	.	PUNCT
taxlaw-2799	1397	1	121	121	NUM
taxlaw-2799	1397	2	federal	federal	ADJ
taxlaw-2799	1397	3	tax	tax	NOUN
taxlaw-2799	1397	4	treatment	treatment	NOUN
taxlaw-2799	1397	5	of	of	ADP
taxlaw-2799	1397	6	capital	capital	NOUN
taxlaw-2799	1397	7	gains	gain	NOUN
taxlaw-2799	1397	8	and	and	CCONJ
taxlaw-2799	1397	9	losses	loss	NOUN
taxlaw-2799	1397	10	:	:	PUNCT
taxlaw-2799	1397	11	hearing	hear	VERB
taxlaw-2799	1397	12	before	before	ADP
taxlaw-2799	1397	13	the	the	DET
taxlaw-2799	1397	14	h.	h.	PROPN
taxlaw-2799	1397	15	comm	comm	NOUN
taxlaw-2799	1397	16	.	.	PUNCT
taxlaw-2799	1398	1	on	on	ADP
taxlaw-2799	1398	2	ways	way	NOUN
taxlaw-2799	1398	3	and	and	CCONJ
taxlaw-2799	1398	4	means	mean	NOUN
taxlaw-2799	1398	5	,	,	PUNCT
taxlaw-2799	1398	6	98th	98th	ADJ
taxlaw-2799	1398	7	cong	cong	NOUN
taxlaw-2799	1398	8	.	.	PUNCT
taxlaw-2799	1399	1	1st	1st	ADJ
taxlaw-2799	1399	2	sess	sess	NOUN
taxlaw-2799	1399	3	.	.	PUNCT
taxlaw-2799	1399	4	,	,	PUNCT
taxlaw-2799	1399	5	31	31	NUM
taxlaw-2799	1399	6	,	,	PUNCT
taxlaw-2799	1399	7	32	32	NUM
taxlaw-2799	1399	8	(	(	PUNCT
taxlaw-2799	1399	9	1983	1983	NUM
taxlaw-2799	1399	10	)	)	PUNCT
taxlaw-2799	1399	11	(	(	PUNCT
taxlaw-2799	1399	12	statement	statement	NOUN
taxlaw-2799	1399	13	of	of	ADP
taxlaw-2799	1399	14	john	john	PROPN
taxlaw-2799	1399	15	e.	e.	PROPN
taxlaw-2799	1399	16	chapoton	chapoton	PROPN
taxlaw-2799	1399	17	,	,	PUNCT
taxlaw-2799	1399	18	assistant	assistant	NOUN
taxlaw-2799	1399	19	secretary	secretary	NOUN
taxlaw-2799	1399	20	for	for	ADP
taxlaw-2799	1399	21	tax	tax	NOUN
taxlaw-2799	1399	22	policy	policy	NOUN
taxlaw-2799	1399	23	,	,	PUNCT
taxlaw-2799	1399	24	dept	dept	NOUN
taxlaw-2799	1399	25	.	.	PROPN
taxlaw-2799	1399	26	of	of	ADP
taxlaw-2799	1399	27	the	the	DET
taxlaw-2799	1399	28	treasury	treasury	NOUN
taxlaw-2799	1399	29	)	)	PUNCT
taxlaw-2799	1399	30	.	.	PUNCT
taxlaw-2799	1400	1	68	68	NUM
taxlaw-2799	1400	2	columbia	columbia	PROPN
taxlaw-2799	1400	3	jour	jour	PROPN
taxlaw-2799	1400	4	al	al	PROPN
taxlaw-2799	1400	5	of	of	ADP
taxlaw-2799	1400	6	tax	tax	NOUN
taxlaw-2799	1400	7	law	law	NOUN
taxlaw-2799	1400	8	[	[	X
taxlaw-2799	1400	9	vol	vol	NOUN
taxlaw-2799	1400	10	.	.	PUNCT
taxlaw-2799	1400	11	2:1	2:1	NUM
taxlaw-2799	1401	1	written	write	VERB
taxlaw-2799	1401	2	commodity	commodity	NOUN
taxlaw-2799	1401	3	options	option	NOUN
taxlaw-2799	1401	4	as	as	ADP
taxlaw-2799	1401	5	rfcs	rfcs	PROPN
taxlaw-2799	1401	6	]	]	PUNCT
taxlaw-2799	1401	7	was	be	AUX
taxlaw-2799	1401	8	intended	intend	VERB
taxlaw-2799	1401	9	by	by	ADP
taxlaw-2799	1401	10	congress	congress	PROPN
taxlaw-2799	1401	11	in	in	ADP
taxlaw-2799	1401	12	1981.”122	1981.”122	NUM
taxlaw-2799	1401	13	the	the	DET
taxlaw-2799	1401	14	pamphlet	pamphlet	NOUN
taxlaw-2799	1401	15	also	also	ADV
taxlaw-2799	1401	16	expresses	express	VERB
taxlaw-2799	1401	17	similar	similar	ADJ
taxlaw-2799	1401	18	concerns	concern	NOUN
taxlaw-2799	1401	19	about	about	ADP
taxlaw-2799	1401	20	the	the	DET
taxlaw-2799	1401	21	argument	argument	NOUN
taxlaw-2799	1401	22	that	that	PRON
taxlaw-2799	1401	23	purchased	purchase	VERB
taxlaw-2799	1401	24	commodity	commodity	NOUN
taxlaw-2799	1401	25	options	option	NOUN
taxlaw-2799	1401	26	were	be	AUX
taxlaw-2799	1401	27	entitled	entitle	VERB
taxlaw-2799	1401	28	to	to	ADP
taxlaw-2799	1401	29	60/40	60/40	NUM
taxlaw-2799	1401	30	treatment.123	treatment.123	NOUN
taxlaw-2799	1401	31	as	as	SCONJ
taxlaw-2799	1401	32	this	this	DET
taxlaw-2799	1401	33	history	history	NOUN
taxlaw-2799	1401	34	indicates	indicate	VERB
taxlaw-2799	1401	35	,	,	PUNCT
taxlaw-2799	1401	36	it	it	PRON
taxlaw-2799	1401	37	was	be	AUX
taxlaw-2799	1401	38	clearly	clearly	ADV
taxlaw-2799	1401	39	treasury	treasury	PROPN
taxlaw-2799	1401	40	’s	’s	PART
taxlaw-2799	1401	41	position	position	NOUN
taxlaw-2799	1401	42	and	and	CCONJ
taxlaw-2799	1401	43	it	it	PRON
taxlaw-2799	1401	44	appears	appear	VERB
taxlaw-2799	1401	45	to	to	PART
taxlaw-2799	1401	46	have	have	AUX
taxlaw-2799	1401	47	been	be	AUX
taxlaw-2799	1401	48	the	the	DET
taxlaw-2799	1401	49	jct	jct	PROPN
taxlaw-2799	1401	50	’s	’s	PART
taxlaw-2799	1401	51	position	position	NOUN
taxlaw-2799	1401	52	that	that	SCONJ
taxlaw-2799	1401	53	notwithstanding	notwithstanding	ADP
taxlaw-2799	1401	54	the	the	DET
taxlaw-2799	1401	55	broad	broad	ADJ
taxlaw-2799	1401	56	definition	definition	NOUN
taxlaw-2799	1401	57	of	of	ADP
taxlaw-2799	1401	58	rfcs	rfcs	PROPN
taxlaw-2799	1401	59	all	all	DET
taxlaw-2799	1401	60	commodity	commodity	NOUN
taxlaw-2799	1401	61	options	option	NOUN
taxlaw-2799	1401	62	were	be	AUX
taxlaw-2799	1401	63	subject	subject	ADJ
taxlaw-2799	1401	64	to	to	ADP
taxlaw-2799	1401	65	the	the	DET
taxlaw-2799	1401	66	rules	rule	NOUN
taxlaw-2799	1401	67	applicable	applicable	ADJ
taxlaw-2799	1401	68	to	to	ADP
taxlaw-2799	1401	69	conventional	conventional	ADJ
taxlaw-2799	1401	70	options	option	NOUN
taxlaw-2799	1401	71	.	.	PUNCT
taxlaw-2799	1402	1	thus	thus	ADV
taxlaw-2799	1402	2	,	,	PUNCT
taxlaw-2799	1402	3	treasury	treasury	PROPN
taxlaw-2799	1402	4	expressly	expressly	ADV
taxlaw-2799	1402	5	rejected	reject	VERB
taxlaw-2799	1402	6	the	the	DET
taxlaw-2799	1402	7	conclusion	conclusion	NOUN
taxlaw-2799	1402	8	that	that	SCONJ
taxlaw-2799	1402	9	a	a	DET
taxlaw-2799	1402	10	contract	contract	NOUN
taxlaw-2799	1402	11	(	(	PUNCT
taxlaw-2799	1402	12	option	option	NOUN
taxlaw-2799	1402	13	)	)	PUNCT
taxlaw-2799	1402	14	traded	trade	VERB
taxlaw-2799	1402	15	on	on	ADP
taxlaw-2799	1402	16	a	a	DET
taxlaw-2799	1402	17	qbe	qbe	NOUN
taxlaw-2799	1402	18	that	that	PRON
taxlaw-2799	1402	19	required	require	VERB
taxlaw-2799	1402	20	parties	party	NOUN
taxlaw-2799	1402	21	(	(	PUNCT
taxlaw-2799	1402	22	writers	writer	NOUN
taxlaw-2799	1402	23	)	)	PUNCT
taxlaw-2799	1402	24	to	to	ADP
taxlaw-2799	1402	25	that	that	DET
taxlaw-2799	1402	26	contract	contract	NOUN
taxlaw-2799	1402	27	to	to	PART
taxlaw-2799	1402	28	provide	provide	VERB
taxlaw-2799	1402	29	daily	daily	ADJ
taxlaw-2799	1402	30	margin	margin	NOUN
taxlaw-2799	1402	31	if	if	SCONJ
taxlaw-2799	1402	32	the	the	DET
taxlaw-2799	1402	33	contract	contract	NOUN
taxlaw-2799	1402	34	lost	lose	VERB
taxlaw-2799	1402	35	value	value	NOUN
taxlaw-2799	1402	36	and	and	CCONJ
taxlaw-2799	1402	37	to	to	PART
taxlaw-2799	1402	38	receive	receive	VERB
taxlaw-2799	1402	39	it	it	PRON
taxlaw-2799	1402	40	back	back	ADV
taxlaw-2799	1402	41	if	if	SCONJ
taxlaw-2799	1402	42	the	the	DET
taxlaw-2799	1402	43	contract	contract	NOUN
taxlaw-2799	1402	44	gained	gain	VERB
taxlaw-2799	1402	45	value	value	NOUN
taxlaw-2799	1402	46	constituted	constitute	VERB
taxlaw-2799	1402	47	a	a	DET
taxlaw-2799	1402	48	rfc	rfc	NOUN
taxlaw-2799	1402	49	.	.	PUNCT
taxlaw-2799	1403	1	moreover	moreover	ADV
taxlaw-2799	1403	2	,	,	PUNCT
taxlaw-2799	1403	3	treasury	treasury	PROPN
taxlaw-2799	1403	4	reached	reach	VERB
taxlaw-2799	1403	5	this	this	DET
taxlaw-2799	1403	6	conclusion	conclusion	NOUN
taxlaw-2799	1403	7	as	as	ADP
taxlaw-2799	1403	8	a	a	DET
taxlaw-2799	1403	9	technical	technical	ADJ
taxlaw-2799	1403	10	matter	matter	NOUN
taxlaw-2799	1403	11	under	under	ADP
taxlaw-2799	1403	12	then	then	ADV
taxlaw-2799	1403	13	-	-	PUNCT
taxlaw-2799	1403	14	current	current	ADJ
taxlaw-2799	1403	15	law	law	NOUN
taxlaw-2799	1403	16	.	.	PUNCT
taxlaw-2799	1404	1	possible	possible	ADJ
taxlaw-2799	1404	2	bases	basis	NOUN
taxlaw-2799	1404	3	for	for	ADP
taxlaw-2799	1404	4	treasury	treasury	NOUN
taxlaw-2799	1404	5	’s	’s	PART
taxlaw-2799	1404	6	position	position	NOUN
taxlaw-2799	1404	7	may	may	AUX
taxlaw-2799	1404	8	include	include	VERB
taxlaw-2799	1404	9	:	:	PUNCT
taxlaw-2799	1404	10	(	(	PUNCT
taxlaw-2799	1404	11	i	i	NOUN
taxlaw-2799	1404	12	)	)	PUNCT
taxlaw-2799	1404	13	the	the	DET
taxlaw-2799	1404	14	1981	1981	NUM
taxlaw-2799	1404	15	legislation	legislation	NOUN
taxlaw-2799	1404	16	clearly	clearly	ADV
taxlaw-2799	1404	17	did	do	AUX
taxlaw-2799	1404	18	not	not	PART
taxlaw-2799	1404	19	contemplate	contemplate	VERB
taxlaw-2799	1404	20	options	option	NOUN
taxlaw-2799	1404	21	,	,	PUNCT
taxlaw-2799	1404	22	(	(	PUNCT
taxlaw-2799	1404	23	ii	ii	NOUN
taxlaw-2799	1404	24	)	)	PUNCT
taxlaw-2799	1404	25	the	the	DET
taxlaw-2799	1404	26	daily	daily	ADJ
taxlaw-2799	1404	27	margin	margin	NOUN
taxlaw-2799	1404	28	rules	rule	NOUN
taxlaw-2799	1404	29	applicable	applicable	ADJ
taxlaw-2799	1404	30	to	to	ADP
taxlaw-2799	1404	31	writers	writer	NOUN
taxlaw-2799	1404	32	of	of	ADP
taxlaw-2799	1404	33	commodity	commodity	NOUN
taxlaw-2799	1404	34	options	option	NOUN
taxlaw-2799	1404	35	did	do	AUX
taxlaw-2799	1404	36	not	not	PART
taxlaw-2799	1404	37	result	result	VERB
taxlaw-2799	1404	38	in	in	ADP
taxlaw-2799	1404	39	the	the	DET
taxlaw-2799	1404	40	passing	passing	NOUN
taxlaw-2799	1404	41	through	through	ADP
taxlaw-2799	1404	42	of	of	ADP
taxlaw-2799	1404	43	that	that	DET
taxlaw-2799	1404	44	margin	margin	NOUN
taxlaw-2799	1404	45	to	to	ADP
taxlaw-2799	1404	46	option	option	NOUN
taxlaw-2799	1404	47	purchasers	purchaser	NOUN
taxlaw-2799	1404	48	,	,	PUNCT
taxlaw-2799	1404	49	and	and	CCONJ
taxlaw-2799	1404	50	could	could	AUX
taxlaw-2799	1404	51	never	never	ADV
taxlaw-2799	1404	52	give	give	VERB
taxlaw-2799	1404	53	rise	rise	NOUN
taxlaw-2799	1404	54	to	to	ADP
taxlaw-2799	1404	55	the	the	DET
taxlaw-2799	1404	56	net	net	ADJ
taxlaw-2799	1404	57	receipt	receipt	NOUN
taxlaw-2799	1404	58	of	of	ADP
taxlaw-2799	1404	59	margin	margin	NOUN
taxlaw-2799	1404	60	by	by	ADP
taxlaw-2799	1404	61	the	the	DET
taxlaw-2799	1404	62	option	option	NOUN
taxlaw-2799	1404	63	writer	writer	NOUN
taxlaw-2799	1404	64	,	,	PUNCT
taxlaw-2799	1404	65	and	and	CCONJ
taxlaw-2799	1404	66	so	so	ADV
taxlaw-2799	1404	67	was	be	AUX
taxlaw-2799	1404	68	not	not	PART
taxlaw-2799	1404	69	the	the	DET
taxlaw-2799	1404	70	type	type	NOUN
taxlaw-2799	1404	71	of	of	ADP
taxlaw-2799	1404	72	markto	markto	NOUN
taxlaw-2799	1404	73	-	-	PUNCT
taxlaw-2799	1404	74	market	market	NOUN
taxlaw-2799	1404	75	system	system	NOUN
taxlaw-2799	1404	76	contemplated	contemplate	VERB
taxlaw-2799	1404	77	by	by	ADP
taxlaw-2799	1404	78	congress	congress	PROPN
taxlaw-2799	1404	79	in	in	ADP
taxlaw-2799	1404	80	1981	1981	NUM
taxlaw-2799	1404	81	,	,	PUNCT
taxlaw-2799	1404	82	or	or	CCONJ
taxlaw-2799	1404	83	(	(	PUNCT
taxlaw-2799	1404	84	iii	iii	X
taxlaw-2799	1404	85	)	)	PUNCT
taxlaw-2799	1404	86	the	the	DET
taxlaw-2799	1404	87	argument	argument	NOUN
taxlaw-2799	1404	88	made	make	VERB
taxlaw-2799	1404	89	by	by	ADP
taxlaw-2799	1404	90	the	the	DET
taxlaw-2799	1404	91	commodities	commodity	NOUN
taxlaw-2799	1404	92	exchanges	exchange	NOUN
taxlaw-2799	1404	93	strained	strain	VERB
taxlaw-2799	1404	94	credibility	credibility	NOUN
taxlaw-2799	1404	95	because	because	SCONJ
taxlaw-2799	1404	96	it	it	PRON
taxlaw-2799	1404	97	treated	treat	VERB
taxlaw-2799	1404	98	commodity	commodity	NOUN
taxlaw-2799	1404	99	options	option	NOUN
taxlaw-2799	1404	100	as	as	ADP
taxlaw-2799	1404	101	rfcs	rfc	NOUN
taxlaw-2799	1404	102	for	for	ADP
taxlaw-2799	1404	103	option	option	NOUN
taxlaw-2799	1404	104	writers	writer	NOUN
taxlaw-2799	1404	105	but	but	CCONJ
taxlaw-2799	1404	106	not	not	PART
taxlaw-2799	1404	107	option	option	NOUN
taxlaw-2799	1404	108	purchasers	purchaser	NOUN
taxlaw-2799	1404	109	.	.	PUNCT
taxlaw-2799	1405	1	treasury	treasury	PROPN
taxlaw-2799	1405	2	clearly	clearly	ADV
taxlaw-2799	1405	3	also	also	ADV
taxlaw-2799	1405	4	was	be	AUX
taxlaw-2799	1405	5	concerned	concerned	ADJ
taxlaw-2799	1405	6	about	about	ADP
taxlaw-2799	1405	7	the	the	DET
taxlaw-2799	1405	8	potential	potential	NOUN
taxlaw-2799	1405	9	for	for	ADP
taxlaw-2799	1405	10	arbitrage	arbitrage	NOUN
taxlaw-2799	1405	11	that	that	PRON
taxlaw-2799	1405	12	existed	exist	VERB
taxlaw-2799	1405	13	under	under	ADP
taxlaw-2799	1405	14	then	then	ADV
taxlaw-2799	1405	15	-	-	PUNCT
taxlaw-2799	1405	16	current	current	ADJ
taxlaw-2799	1405	17	law	law	NOUN
taxlaw-2799	1405	18	because	because	SCONJ
taxlaw-2799	1405	19	of	of	ADP
taxlaw-2799	1405	20	the	the	DET
taxlaw-2799	1405	21	uncertainty	uncertainty	NOUN
taxlaw-2799	1405	22	as	as	ADP
taxlaw-2799	1405	23	to	to	ADP
taxlaw-2799	1405	24	how	how	SCONJ
taxlaw-2799	1405	25	commodity	commodity	NOUN
taxlaw-2799	1405	26	options	option	NOUN
taxlaw-2799	1405	27	should	should	AUX
taxlaw-2799	1405	28	be	be	AUX
taxlaw-2799	1405	29	treated	treat	VERB
taxlaw-2799	1405	30	,	,	PUNCT
taxlaw-2799	1405	31	and	and	CCONJ
taxlaw-2799	1405	32	wanted	want	VERB
taxlaw-2799	1405	33	to	to	PART
taxlaw-2799	1405	34	ensure	ensure	VERB
taxlaw-2799	1405	35	that	that	SCONJ
taxlaw-2799	1405	36	commodity	commodity	NOUN
taxlaw-2799	1405	37	options	option	NOUN
taxlaw-2799	1405	38	were	be	AUX
taxlaw-2799	1405	39	subject	subject	ADJ
taxlaw-2799	1405	40	to	to	ADP
taxlaw-2799	1405	41	the	the	DET
taxlaw-2799	1405	42	same	same	ADJ
taxlaw-2799	1405	43	rules	rule	NOUN
taxlaw-2799	1405	44	as	as	ADP
taxlaw-2799	1405	45	rfcs	rfc	NOUN
taxlaw-2799	1405	46	going	go	VERB
taxlaw-2799	1405	47	forward	forward	ADV
taxlaw-2799	1405	48	to	to	PART
taxlaw-2799	1405	49	avoid	avoid	VERB
taxlaw-2799	1405	50	future	future	ADJ
taxlaw-2799	1405	51	arbitrage	arbitrage	NOUN
taxlaw-2799	1405	52	.	.	PUNCT
taxlaw-2799	1406	1	treasury	treasury	PROPN
taxlaw-2799	1406	2	’s	’s	PART
taxlaw-2799	1406	3	discussion	discussion	NOUN
taxlaw-2799	1406	4	of	of	ADP
taxlaw-2799	1406	5	arbitrage	arbitrage	NOUN
taxlaw-2799	1406	6	concerns	concern	NOUN
taxlaw-2799	1406	7	is	be	AUX
taxlaw-2799	1406	8	separate	separate	ADJ
taxlaw-2799	1406	9	from	from	ADP
taxlaw-2799	1406	10	its	its	PRON
taxlaw-2799	1406	11	discussion	discussion	NOUN
taxlaw-2799	1406	12	of	of	ADP
taxlaw-2799	1406	13	technical	technical	ADJ
taxlaw-2799	1406	14	issues	issue	NOUN
taxlaw-2799	1406	15	,	,	PUNCT
taxlaw-2799	1406	16	however	however	ADV
taxlaw-2799	1406	17	,	,	PUNCT
taxlaw-2799	1406	18	which	which	PRON
taxlaw-2799	1406	19	is	be	AUX
taxlaw-2799	1406	20	consistent	consistent	ADJ
taxlaw-2799	1406	21	with	with	ADP
taxlaw-2799	1406	22	the	the	DET
taxlaw-2799	1406	23	statement	statement	NOUN
taxlaw-2799	1406	24	quoted	quote	VERB
taxlaw-2799	1406	25	above	above	ADP
taxlaw-2799	1406	26	stating	state	VERB
taxlaw-2799	1406	27	that	that	SCONJ
taxlaw-2799	1406	28	it	it	PRON
taxlaw-2799	1406	29	considered	consider	VERB
taxlaw-2799	1406	30	the	the	DET
taxlaw-2799	1406	31	policy	policy	NOUN
taxlaw-2799	1406	32	issues	issue	NOUN
taxlaw-2799	1406	33	separately	separately	ADV
taxlaw-2799	1406	34	from	from	ADP
taxlaw-2799	1406	35	its	its	PRON
taxlaw-2799	1406	36	technical	technical	ADJ
taxlaw-2799	1406	37	analysis	analysis	NOUN
taxlaw-2799	1406	38	.	.	PUNCT
taxlaw-2799	1407	1	3	3	X
taxlaw-2799	1407	2	.	.	X
taxlaw-2799	1407	3	history	history	NOUN
taxlaw-2799	1407	4	of	of	ADP
taxlaw-2799	1407	5	“	"	PUNCT
taxlaw-2799	1407	6	foreign	foreign	ADJ
taxlaw-2799	1407	7	currency	currency	NOUN
taxlaw-2799	1407	8	contracts	contract	NOUN
taxlaw-2799	1407	9	.	.	PUNCT
taxlaw-2799	1408	1	while	while	SCONJ
taxlaw-2799	1408	2	not	not	PART
taxlaw-2799	1408	3	directly	directly	ADV
taxlaw-2799	1408	4	relevant	relevant	ADJ
taxlaw-2799	1408	5	to	to	ADP
taxlaw-2799	1408	6	the	the	DET
taxlaw-2799	1408	7	scope	scope	NOUN
taxlaw-2799	1408	8	of	of	ADP
taxlaw-2799	1408	9	the	the	DET
taxlaw-2799	1408	10	rfc	rfc	NOUN
taxlaw-2799	1408	11	definition	definition	NOUN
taxlaw-2799	1408	12	,	,	PUNCT
taxlaw-2799	1408	13	the	the	DET
taxlaw-2799	1408	14	government	government	NOUN
taxlaw-2799	1408	15	’s	’s	PART
taxlaw-2799	1408	16	position	position	NOUN
taxlaw-2799	1408	17	on	on	ADP
taxlaw-2799	1408	18	the	the	DET
taxlaw-2799	1408	19	scope	scope	NOUN
taxlaw-2799	1408	20	of	of	ADP
taxlaw-2799	1408	21	the	the	DET
taxlaw-2799	1408	22	definition	definition	NOUN
taxlaw-2799	1408	23	of	of	ADP
taxlaw-2799	1408	24	another	another	DET
taxlaw-2799	1408	25	type	type	NOUN
taxlaw-2799	1408	26	of	of	ADP
taxlaw-2799	1408	27	section	section	NOUN
taxlaw-2799	1408	28	1256	1256	NUM
taxlaw-2799	1408	29	contract	contract	NOUN
taxlaw-2799	1408	30	,	,	PUNCT
taxlaw-2799	1408	31	foreign	foreign	ADJ
taxlaw-2799	1408	32	currency	currency	NOUN
taxlaw-2799	1408	33	contracts	contract	NOUN
taxlaw-2799	1408	34	,	,	PUNCT
taxlaw-2799	1408	35	is	be	AUX
taxlaw-2799	1408	36	also	also	ADV
taxlaw-2799	1408	37	instructive	instructive	ADJ
taxlaw-2799	1408	38	.	.	PUNCT
taxlaw-2799	1409	1	foreign	foreign	ADJ
taxlaw-2799	1409	2	currency	currency	NOUN
taxlaw-2799	1409	3	contracts	contract	NOUN
taxlaw-2799	1409	4	were	be	AUX
taxlaw-2799	1409	5	added	add	VERB
taxlaw-2799	1409	6	to	to	ADP
taxlaw-2799	1409	7	§	§	PROPN
taxlaw-2799	1409	8	1256	1256	NUM
taxlaw-2799	1409	9	in	in	ADP
taxlaw-2799	1409	10	1982	1982	NUM
taxlaw-2799	1409	11	.	.	PUNCT
taxlaw-2799	1410	1	a	a	DET
taxlaw-2799	1410	2	“	"	PUNCT
taxlaw-2799	1410	3	foreign	foreign	ADJ
taxlaw-2799	1410	4	currency	currency	NOUN
taxlaw-2799	1410	5	contract	contract	NOUN
taxlaw-2799	1410	6	”	"	PUNCT
taxlaw-2799	1410	7	is	be	AUX
taxlaw-2799	1410	8	defined	define	VERB
taxlaw-2799	1410	9	as	as	ADP
taxlaw-2799	1410	10	:	:	PUNCT
taxlaw-2799	1410	11	“	"	PUNCT
taxlaw-2799	1410	12	a	a	DET
taxlaw-2799	1410	13	contract	contract	NOUN
taxlaw-2799	1410	14	(	(	PUNCT
taxlaw-2799	1410	15	a	a	NOUN
taxlaw-2799	1410	16	)	)	PUNCT
taxlaw-2799	1410	17	which	which	PRON
taxlaw-2799	1410	18	requires	require	VERB
taxlaw-2799	1410	19	delivery	delivery	NOUN
taxlaw-2799	1410	20	of	of	ADP
taxlaw-2799	1410	21	[	[	X
taxlaw-2799	1410	22	,	,	PUNCT
taxlaw-2799	1410	23	or	or	CCONJ
taxlaw-2799	1410	24	the	the	DET
taxlaw-2799	1410	25	settlement	settlement	NOUN
taxlaw-2799	1410	26	of	of	ADP
taxlaw-2799	1410	27	which	which	PRON
taxlaw-2799	1410	28	depends	depend	VERB
taxlaw-2799	1410	29	on	on	ADP
taxlaw-2799	1410	30	the	the	DET
taxlaw-2799	1410	31	value	value	NOUN
taxlaw-2799	1410	32	of	of	ADP
taxlaw-2799	1410	33	,	,	PUNCT
taxlaw-2799	1410	34	]	]	PUNCT
taxlaw-2799	1410	35	a	a	DET
taxlaw-2799	1410	36	foreign	foreign	ADJ
taxlaw-2799	1410	37	currency	currency	NOUN
taxlaw-2799	1410	38	which	which	PRON
taxlaw-2799	1410	39	is	be	AUX
taxlaw-2799	1410	40	a	a	DET
taxlaw-2799	1410	41	currency	currency	NOUN
taxlaw-2799	1410	42	in	in	ADP
taxlaw-2799	1410	43	which	which	PRON
taxlaw-2799	1410	44	positions	position	NOUN
taxlaw-2799	1410	45	are	be	AUX
taxlaw-2799	1410	46	also	also	ADV
taxlaw-2799	1410	47	traded	trade	VERB
taxlaw-2799	1410	48	through	through	ADP
taxlaw-2799	1410	49	regulated	regulated	ADJ
taxlaw-2799	1410	50	futures	future	NOUN
taxlaw-2799	1410	51	contracts	contract	NOUN
taxlaw-2799	1410	52	,	,	PUNCT
taxlaw-2799	1410	53	(	(	PUNCT
taxlaw-2799	1410	54	b	b	X
taxlaw-2799	1410	55	)	)	PUNCT
taxlaw-2799	1410	56	which	which	PRON
taxlaw-2799	1410	57	is	be	AUX
taxlaw-2799	1410	58	traded	trade	VERB
taxlaw-2799	1410	59	in	in	ADP
taxlaw-2799	1410	60	the	the	DET
taxlaw-2799	1410	61	interbank	interbank	NOUN
taxlaw-2799	1410	62	market	market	NOUN
taxlaw-2799	1410	63	,	,	PUNCT
taxlaw-2799	1410	64	and	and	CCONJ
taxlaw-2799	1410	65	122	122	NUM
taxlaw-2799	1410	66	staff	staff	NOUN
taxlaw-2799	1410	67	of	of	ADP
taxlaw-2799	1410	68	joint	joint	ADJ
taxlaw-2799	1410	69	comm	comm	NOUN
taxlaw-2799	1410	70	.	.	PUNCT
taxlaw-2799	1411	1	on	on	ADP
taxlaw-2799	1411	2	taxation	taxation	NOUN
taxlaw-2799	1411	3	,	,	PUNCT
taxlaw-2799	1411	4	taxation	taxation	NOUN
taxlaw-2799	1411	5	of	of	ADP
taxlaw-2799	1411	6	capital	capital	NOUN
taxlaw-2799	1411	7	gains	gain	NOUN
taxlaw-2799	1411	8	and	and	CCONJ
taxlaw-2799	1411	9	losses	loss	NOUN
taxlaw-2799	1411	10	:	:	PUNCT
taxlaw-2799	1411	11	scheduled	schedule	VERB
taxlaw-2799	1411	12	for	for	ADP
taxlaw-2799	1411	13	hearings	hearing	NOUN
taxlaw-2799	1411	14	before	before	ADP
taxlaw-2799	1411	15	the	the	DET
taxlaw-2799	1411	16	comm	comm	NOUN
taxlaw-2799	1411	17	.	.	PUNCT
taxlaw-2799	1412	1	on	on	ADP
taxlaw-2799	1412	2	ways	way	NOUN
taxlaw-2799	1412	3	and	and	CCONJ
taxlaw-2799	1412	4	means	mean	VERB
taxlaw-2799	1412	5	23	23	NUM
taxlaw-2799	1412	6	,	,	PUNCT
taxlaw-2799	1412	7	jcs-5283	jcs-5283	NOUN
taxlaw-2799	1412	8	(	(	PUNCT
taxlaw-2799	1412	9	nov	nov	PROPN
taxlaw-2799	1412	10	.	.	PROPN
taxlaw-2799	1412	11	1	1	NUM
taxlaw-2799	1412	12	,	,	PUNCT
taxlaw-2799	1412	13	1983	1983	NUM
taxlaw-2799	1412	14	)	)	PUNCT
taxlaw-2799	1412	15	.	.	PUNCT
taxlaw-2799	1413	1	123	123	NUM
taxlaw-2799	1413	2	see	see	VERB
taxlaw-2799	1413	3	i	i	PRON
taxlaw-2799	1413	4	d.	d.	PROPN
taxlaw-2799	1413	5	2011	2011	NUM
taxlaw-2799	1413	6	]	]	PUNCT
taxlaw-2799	1414	1	ew	ew	PROPN
taxlaw-2799	1414	2	tax	tax	NOUN
taxlaw-2799	1414	3	issues	issue	NOUN
taxlaw-2799	1414	4	arisi	arisi	VERB
taxlaw-2799	1414	5	g	g	PROPN
taxlaw-2799	1414	6	from	from	ADP
taxlaw-2799	1414	7	the	the	DET
taxlaw-2799	1414	8	dodd	dodd	NOUN
taxlaw-2799	1414	9	-	-	PUNCT
taxlaw-2799	1414	10	fra	fra	PROPN
taxlaw-2799	1414	11	k	k	PROPN
taxlaw-2799	1414	12	act	act	PROPN
taxlaw-2799	1414	13	69	69	NUM
taxlaw-2799	1414	14	(	(	PUNCT
taxlaw-2799	1414	15	c	c	NOUN
taxlaw-2799	1414	16	)	)	PUNCT
taxlaw-2799	1414	17	which	which	PRON
taxlaw-2799	1414	18	is	be	AUX
taxlaw-2799	1414	19	entered	enter	VERB
taxlaw-2799	1414	20	into	into	ADP
taxlaw-2799	1414	21	at	at	ADP
taxlaw-2799	1414	22	arm	arm	NOUN
taxlaw-2799	1414	23	’s	’s	PART
taxlaw-2799	1414	24	length	length	NOUN
taxlaw-2799	1414	25	at	at	ADP
taxlaw-2799	1414	26	a	a	DET
taxlaw-2799	1414	27	price	price	NOUN
taxlaw-2799	1414	28	determined	determine	VERB
taxlaw-2799	1414	29	by	by	ADP
taxlaw-2799	1414	30	reference	reference	NOUN
taxlaw-2799	1414	31	to	to	ADP
taxlaw-2799	1414	32	the	the	DET
taxlaw-2799	1414	33	price	price	NOUN
taxlaw-2799	1414	34	in	in	ADP
taxlaw-2799	1414	35	the	the	DET
taxlaw-2799	1414	36	interbank	interbank	NOUN
taxlaw-2799	1414	37	market	market	NOUN
taxlaw-2799	1414	38	.	.	PUNCT
taxlaw-2799	1415	1	”124	”124	PUNCT
taxlaw-2799	1415	2	the	the	DET
taxlaw-2799	1415	3	legislative	legislative	ADJ
taxlaw-2799	1415	4	history	history	NOUN
taxlaw-2799	1415	5	makes	make	VERB
taxlaw-2799	1415	6	clear	clear	ADJ
taxlaw-2799	1415	7	that	that	SCONJ
taxlaw-2799	1415	8	the	the	DET
taxlaw-2799	1415	9	reason	reason	NOUN
taxlaw-2799	1415	10	for	for	ADP
taxlaw-2799	1415	11	adding	add	VERB
taxlaw-2799	1415	12	this	this	DET
taxlaw-2799	1415	13	new	new	ADJ
taxlaw-2799	1415	14	class	class	NOUN
taxlaw-2799	1415	15	of	of	ADP
taxlaw-2799	1415	16	contract	contract	NOUN
taxlaw-2799	1415	17	subject	subject	NOUN
taxlaw-2799	1415	18	to	to	ADP
taxlaw-2799	1415	19	§	§	PROPN
taxlaw-2799	1415	20	1256	1256	NUM
taxlaw-2799	1415	21	was	be	AUX
taxlaw-2799	1415	22	that	that	SCONJ
taxlaw-2799	1415	23	there	there	PRON
taxlaw-2799	1415	24	were	be	VERB
taxlaw-2799	1415	25	taxpayers	taxpayer	NOUN
taxlaw-2799	1415	26	trading	trade	VERB
taxlaw-2799	1415	27	in	in	ADP
taxlaw-2799	1415	28	both	both	CCONJ
taxlaw-2799	1415	29	foreign	foreign	ADJ
taxlaw-2799	1415	30	currency	currency	NOUN
taxlaw-2799	1415	31	futures	future	NOUN
taxlaw-2799	1415	32	and	and	CCONJ
taxlaw-2799	1415	33	foreign	foreign	ADJ
taxlaw-2799	1415	34	currency	currency	NOUN
taxlaw-2799	1415	35	forward	forward	ADV
taxlaw-2799	1415	36	contracts	contract	NOUN
taxlaw-2799	1415	37	with	with	ADP
taxlaw-2799	1415	38	banks	bank	NOUN
taxlaw-2799	1415	39	on	on	ADP
taxlaw-2799	1415	40	the	the	DET
taxlaw-2799	1415	41	same	same	ADJ
taxlaw-2799	1415	42	currencies	currency	NOUN
taxlaw-2799	1415	43	,	,	PUNCT
taxlaw-2799	1415	44	and	and	CCONJ
taxlaw-2799	1415	45	that	that	SCONJ
taxlaw-2799	1415	46	the	the	DET
taxlaw-2799	1415	47	amendment	amendment	NOUN
taxlaw-2799	1415	48	was	be	AUX
taxlaw-2799	1415	49	intended	intend	VERB
taxlaw-2799	1415	50	to	to	PART
taxlaw-2799	1415	51	eliminate	eliminate	VERB
taxlaw-2799	1415	52	mismatches	mismatch	NOUN
taxlaw-2799	1415	53	in	in	ADP
taxlaw-2799	1415	54	timing	timing	NOUN
taxlaw-2799	1415	55	and	and	CCONJ
taxlaw-2799	1415	56	character	character	NOUN
taxlaw-2799	1415	57	for	for	ADP
taxlaw-2799	1415	58	taxpayers	taxpayer	NOUN
taxlaw-2799	1415	59	trading	trade	VERB
taxlaw-2799	1415	60	in	in	ADP
taxlaw-2799	1415	61	both	both	DET
taxlaw-2799	1415	62	markets	market	NOUN
taxlaw-2799	1415	63	–	–	PUNCT
taxlaw-2799	1415	64	that	that	ADV
taxlaw-2799	1415	65	is	is	ADV
taxlaw-2799	1415	66	,	,	PUNCT
taxlaw-2799	1415	67	to	to	PART
taxlaw-2799	1415	68	avoid	avoid	VERB
taxlaw-2799	1415	69	mixed	mixed	ADJ
taxlaw-2799	1415	70	straddles.125	straddles.125	NOUN
taxlaw-2799	1415	71	in	in	ADP
taxlaw-2799	1415	72	1988	1988	NUM
taxlaw-2799	1415	73	,	,	PUNCT
taxlaw-2799	1415	74	the	the	DET
taxlaw-2799	1415	75	service	service	NOUN
taxlaw-2799	1415	76	issued	issue	VERB
taxlaw-2799	1415	77	private	private	ADJ
taxlaw-2799	1415	78	letter	letter	NOUN
taxlaw-2799	1415	79	ruling	rule	VERB
taxlaw-2799	1415	80	8818010	8818010	NUM
taxlaw-2799	1415	81	,	,	PUNCT
taxlaw-2799	1415	82	which	which	PRON
taxlaw-2799	1415	83	concluded	conclude	VERB
taxlaw-2799	1415	84	that	that	SCONJ
taxlaw-2799	1415	85	a	a	DET
taxlaw-2799	1415	86	currency	currency	NOUN
taxlaw-2799	1415	87	swap	swap	NOUN
taxlaw-2799	1415	88	on	on	ADP
taxlaw-2799	1415	89	a	a	DET
taxlaw-2799	1415	90	currency	currency	NOUN
taxlaw-2799	1415	91	that	that	PRON
taxlaw-2799	1415	92	is	be	AUX
taxlaw-2799	1415	93	traded	trade	VERB
taxlaw-2799	1415	94	through	through	ADP
taxlaw-2799	1415	95	the	the	DET
taxlaw-2799	1415	96	futures	future	NOUN
taxlaw-2799	1415	97	market	market	NOUN
taxlaw-2799	1415	98	did	do	AUX
taxlaw-2799	1415	99	not	not	PART
taxlaw-2799	1415	100	fall	fall	VERB
taxlaw-2799	1415	101	within	within	ADP
taxlaw-2799	1415	102	the	the	DET
taxlaw-2799	1415	103	definition	definition	NOUN
taxlaw-2799	1415	104	of	of	ADP
taxlaw-2799	1415	105	“	"	PUNCT
taxlaw-2799	1415	106	foreign	foreign	ADJ
taxlaw-2799	1415	107	currency	currency	NOUN
taxlaw-2799	1415	108	contract	contract	NOUN
taxlaw-2799	1415	109	.	.	PUNCT
taxlaw-2799	1415	110	”	"	PUNCT
taxlaw-2799	1416	1	the	the	DET
taxlaw-2799	1416	2	plr	plr	NOUN
taxlaw-2799	1416	3	first	first	ADV
taxlaw-2799	1416	4	concludes	conclude	VERB
taxlaw-2799	1416	5	that	that	SCONJ
taxlaw-2799	1416	6	the	the	DET
taxlaw-2799	1416	7	swap	swap	NOUN
taxlaw-2799	1416	8	in	in	ADP
taxlaw-2799	1416	9	question	question	NOUN
taxlaw-2799	1416	10	satisfies	satisfy	VERB
taxlaw-2799	1416	11	the	the	DET
taxlaw-2799	1416	12	requirement	requirement	NOUN
taxlaw-2799	1416	13	of	of	ADP
taxlaw-2799	1416	14	clause	clause	NOUN
taxlaw-2799	1416	15	(	(	PUNCT
taxlaw-2799	1416	16	a	a	X
taxlaw-2799	1416	17	)	)	PUNCT
taxlaw-2799	1416	18	cited	cite	VERB
taxlaw-2799	1416	19	above	above	ADV
taxlaw-2799	1416	20	.	.	PUNCT
taxlaw-2799	1417	1	the	the	DET
taxlaw-2799	1417	2	plr	plr	NOUN
taxlaw-2799	1417	3	then	then	ADV
taxlaw-2799	1417	4	turns	turn	VERB
taxlaw-2799	1417	5	to	to	ADP
taxlaw-2799	1417	6	the	the	DET
taxlaw-2799	1417	7	legislative	legislative	ADJ
taxlaw-2799	1417	8	history	history	NOUN
taxlaw-2799	1417	9	of	of	ADP
taxlaw-2799	1417	10	the	the	DET
taxlaw-2799	1417	11	1982	1982	NUM
taxlaw-2799	1417	12	amendment	amendment	NOUN
taxlaw-2799	1417	13	,	,	PUNCT
taxlaw-2799	1417	14	and	and	CCONJ
taxlaw-2799	1417	15	states	state	VERB
taxlaw-2799	1417	16	that	that	SCONJ
taxlaw-2799	1417	17	congress	congress	PROPN
taxlaw-2799	1417	18	intended	intend	VERB
taxlaw-2799	1417	19	to	to	PART
taxlaw-2799	1417	20	bring	bring	VERB
taxlaw-2799	1417	21	bank	bank	NOUN
taxlaw-2799	1417	22	otc	otc	VERB
taxlaw-2799	1417	23	forward	forward	ADV
taxlaw-2799	1417	24	contracts	contract	NOUN
taxlaw-2799	1417	25	within	within	ADP
taxlaw-2799	1417	26	the	the	DET
taxlaw-2799	1417	27	scope	scope	NOUN
taxlaw-2799	1417	28	of	of	ADP
taxlaw-2799	1417	29	§	§	PROPN
taxlaw-2799	1417	30	1256	1256	NUM
taxlaw-2799	1417	31	because	because	SCONJ
taxlaw-2799	1417	32	“	"	PUNCT
taxlaw-2799	1417	33	they	they	PRON
taxlaw-2799	1417	34	are	be	AUX
taxlaw-2799	1417	35	economically	economically	ADV
taxlaw-2799	1417	36	comparable	comparable	ADJ
taxlaw-2799	1417	37	to	to	ADP
taxlaw-2799	1417	38	and	and	CCONJ
taxlaw-2799	1417	39	used	use	VERB
taxlaw-2799	1417	40	interchangeably	interchangeably	ADV
taxlaw-2799	1417	41	with	with	ADP
taxlaw-2799	1417	42	”	"	PUNCT
taxlaw-2799	1417	43	regulated	regulated	ADJ
taxlaw-2799	1417	44	futures	future	NOUN
taxlaw-2799	1417	45	contracts	contract	NOUN
taxlaw-2799	1417	46	.	.	PUNCT
taxlaw-2799	1418	1	the	the	DET
taxlaw-2799	1418	2	plr	plr	NOUN
taxlaw-2799	1418	3	goes	go	VERB
taxlaw-2799	1418	4	on	on	ADP
taxlaw-2799	1418	5	to	to	PART
taxlaw-2799	1418	6	conclude	conclude	VERB
taxlaw-2799	1418	7	that	that	PRON
taxlaw-2799	1418	8	currency	currency	NOUN
taxlaw-2799	1418	9	swaps	swap	NOUN
taxlaw-2799	1418	10	do	do	AUX
taxlaw-2799	1418	11	not	not	PART
taxlaw-2799	1418	12	meet	meet	VERB
taxlaw-2799	1418	13	this	this	DET
taxlaw-2799	1418	14	standard	standard	NOUN
taxlaw-2799	1418	15	,	,	PUNCT
taxlaw-2799	1418	16	because	because	SCONJ
taxlaw-2799	1418	17	they	they	PRON
taxlaw-2799	1418	18	account	account	VERB
taxlaw-2799	1418	19	for	for	ADP
taxlaw-2799	1418	20	interest	interest	NOUN
taxlaw-2799	1418	21	rate	rate	NOUN
taxlaw-2799	1418	22	differentials	differential	NOUN
taxlaw-2799	1418	23	through	through	ADP
taxlaw-2799	1418	24	present	present	ADJ
taxlaw-2799	1418	25	and	and	CCONJ
taxlaw-2799	1418	26	continuing	continue	VERB
taxlaw-2799	1418	27	exchanges	exchange	NOUN
taxlaw-2799	1418	28	of	of	ADP
taxlaw-2799	1418	29	payments	payment	NOUN
taxlaw-2799	1418	30	rather	rather	ADV
taxlaw-2799	1418	31	than	than	ADP
taxlaw-2799	1418	32	through	through	ADP
taxlaw-2799	1418	33	a	a	DET
taxlaw-2799	1418	34	single	single	ADJ
taxlaw-2799	1418	35	payment	payment	NOUN
taxlaw-2799	1418	36	at	at	ADP
taxlaw-2799	1418	37	maturity	maturity	NOUN
taxlaw-2799	1418	38	.	.	PUNCT
taxlaw-2799	1419	1	the	the	DET
taxlaw-2799	1419	2	plr	plr	NOUN
taxlaw-2799	1419	3	also	also	ADV
taxlaw-2799	1419	4	notes	note	VERB
taxlaw-2799	1419	5	that	that	SCONJ
taxlaw-2799	1419	6	congress	congress	PROPN
taxlaw-2799	1419	7	in	in	ADP
taxlaw-2799	1419	8	1982	1982	NUM
taxlaw-2799	1419	9	and	and	CCONJ
taxlaw-2799	1419	10	in	in	ADP
taxlaw-2799	1419	11	later	later	ADJ
taxlaw-2799	1419	12	amendments	amendment	NOUN
taxlaw-2799	1419	13	to	to	ADP
taxlaw-2799	1419	14	§	§	PROPN
taxlaw-2799	1419	15	1256	1256	NUM
taxlaw-2799	1419	16	did	do	AUX
taxlaw-2799	1419	17	not	not	PART
taxlaw-2799	1419	18	refer	refer	VERB
taxlaw-2799	1419	19	to	to	ADP
taxlaw-2799	1419	20	currency	currency	NOUN
taxlaw-2799	1419	21	swaps	swap	NOUN
taxlaw-2799	1419	22	.	.	PUNCT
taxlaw-2799	1420	1	on	on	ADP
taxlaw-2799	1420	2	this	this	DET
taxlaw-2799	1420	3	basis	basis	NOUN
taxlaw-2799	1420	4	,	,	PUNCT
taxlaw-2799	1420	5	the	the	DET
taxlaw-2799	1420	6	plr	plr	NOUN
taxlaw-2799	1420	7	concludes	conclude	VERB
taxlaw-2799	1420	8	that	that	SCONJ
taxlaw-2799	1420	9	the	the	DET
taxlaw-2799	1420	10	swap	swap	NOUN
taxlaw-2799	1420	11	fails	fail	VERB
taxlaw-2799	1420	12	to	to	PART
taxlaw-2799	1420	13	satisfy	satisfy	VERB
taxlaw-2799	1420	14	the	the	DET
taxlaw-2799	1420	15	requirements	requirement	NOUN
taxlaw-2799	1420	16	of	of	ADP
taxlaw-2799	1420	17	clauses	clause	NOUN
taxlaw-2799	1420	18	(	(	PUNCT
taxlaw-2799	1420	19	b	b	NOUN
taxlaw-2799	1420	20	)	)	PUNCT
taxlaw-2799	1420	21	and	and	CCONJ
taxlaw-2799	1420	22	(	(	PUNCT
taxlaw-2799	1420	23	c	c	NOUN
taxlaw-2799	1420	24	)	)	PUNCT
taxlaw-2799	1420	25	,	,	PUNCT
taxlaw-2799	1420	26	and	and	CCONJ
taxlaw-2799	1420	27	that	that	SCONJ
taxlaw-2799	1420	28	the	the	DET
taxlaw-2799	1420	29	swap	swap	NOUN
taxlaw-2799	1420	30	therefore	therefore	ADV
taxlaw-2799	1420	31	does	do	AUX
taxlaw-2799	1420	32	not	not	PART
taxlaw-2799	1420	33	constitute	constitute	VERB
taxlaw-2799	1420	34	a	a	DET
taxlaw-2799	1420	35	“	"	PUNCT
taxlaw-2799	1420	36	foreign	foreign	ADJ
taxlaw-2799	1420	37	currency	currency	NOUN
taxlaw-2799	1420	38	contract	contract	NOUN
taxlaw-2799	1420	39	.	.	PUNCT
taxlaw-2799	1420	40	”	"	PUNCT
taxlaw-2799	1421	1	this	this	DET
taxlaw-2799	1421	2	conclusion	conclusion	NOUN
taxlaw-2799	1421	3	is	be	AUX
taxlaw-2799	1421	4	rather	rather	ADV
taxlaw-2799	1421	5	remarkable	remarkable	ADJ
taxlaw-2799	1421	6	as	as	ADP
taxlaw-2799	1421	7	a	a	DET
taxlaw-2799	1421	8	technical	technical	ADJ
taxlaw-2799	1421	9	matter	matter	NOUN
taxlaw-2799	1421	10	.	.	PUNCT
taxlaw-2799	1422	1	currency	currency	NOUN
taxlaw-2799	1422	2	swaps	swap	NOUN
taxlaw-2799	1422	3	are	be	AUX
taxlaw-2799	1422	4	entered	enter	VERB
taxlaw-2799	1422	5	into	into	ADP
taxlaw-2799	1422	6	between	between	ADP
taxlaw-2799	1422	7	banks	bank	NOUN
taxlaw-2799	1422	8	in	in	ADP
taxlaw-2799	1422	9	the	the	DET
taxlaw-2799	1422	10	interbank	interbank	NOUN
taxlaw-2799	1422	11	market	market	NOUN
taxlaw-2799	1422	12	,	,	PUNCT
taxlaw-2799	1422	13	and	and	CCONJ
taxlaw-2799	1422	14	thus	thus	ADV
taxlaw-2799	1422	15	are	be	AUX
taxlaw-2799	1422	16	priced	price	VERB
taxlaw-2799	1422	17	by	by	ADP
taxlaw-2799	1422	18	reference	reference	NOUN
taxlaw-2799	1422	19	to	to	ADP
taxlaw-2799	1422	20	interbank	interbank	NOUN
taxlaw-2799	1422	21	market	market	NOUN
taxlaw-2799	1422	22	prices	price	NOUN
taxlaw-2799	1422	23	,	,	PUNCT
taxlaw-2799	1422	24	which	which	PRON
taxlaw-2799	1422	25	is	be	AUX
taxlaw-2799	1422	26	what	what	PRON
taxlaw-2799	1422	27	clauses	clause	NOUN
taxlaw-2799	1422	28	(	(	PUNCT
taxlaw-2799	1422	29	b	b	NOUN
taxlaw-2799	1422	30	)	)	PUNCT
taxlaw-2799	1422	31	and	and	CCONJ
taxlaw-2799	1422	32	(	(	PUNCT
taxlaw-2799	1422	33	c	c	NOUN
taxlaw-2799	1422	34	)	)	PUNCT
taxlaw-2799	1422	35	require	require	VERB
taxlaw-2799	1422	36	on	on	ADP
taxlaw-2799	1422	37	their	their	PRON
taxlaw-2799	1422	38	face	face	NOUN
taxlaw-2799	1422	39	.	.	PUNCT
taxlaw-2799	1423	1	the	the	DET
taxlaw-2799	1423	2	plr	plr	NOUN
taxlaw-2799	1423	3	simply	simply	ADV
taxlaw-2799	1423	4	determines	determine	VERB
taxlaw-2799	1423	5	that	that	SCONJ
taxlaw-2799	1423	6	those	those	DET
taxlaw-2799	1423	7	clauses	clause	NOUN
taxlaw-2799	1423	8	must	must	AUX
taxlaw-2799	1423	9	be	be	AUX
taxlaw-2799	1423	10	read	read	VERB
taxlaw-2799	1423	11	in	in	ADP
taxlaw-2799	1423	12	light	light	NOUN
taxlaw-2799	1423	13	of	of	ADP
taxlaw-2799	1423	14	the	the	DET
taxlaw-2799	1423	15	legislative	legislative	ADJ
taxlaw-2799	1423	16	history	history	NOUN
taxlaw-2799	1423	17	of	of	ADP
taxlaw-2799	1423	18	the	the	DET
taxlaw-2799	1423	19	term	term	NOUN
taxlaw-2799	1423	20	“	"	PUNCT
taxlaw-2799	1423	21	foreign	foreign	ADJ
taxlaw-2799	1423	22	currency	currency	NOUN
taxlaw-2799	1423	23	contract	contract	NOUN
taxlaw-2799	1423	24	,	,	PUNCT
taxlaw-2799	1423	25	”	"	PUNCT
taxlaw-2799	1423	26	and	and	CCONJ
taxlaw-2799	1423	27	that	that	SCONJ
taxlaw-2799	1423	28	congress	congress	PROPN
taxlaw-2799	1423	29	’s	’s	PART
taxlaw-2799	1423	30	purpose	purpose	NOUN
taxlaw-2799	1423	31	and	and	CCONJ
taxlaw-2799	1423	32	its	its	PRON
taxlaw-2799	1423	33	silence	silence	NOUN
taxlaw-2799	1423	34	with	with	ADP
taxlaw-2799	1423	35	respect	respect	NOUN
taxlaw-2799	1423	36	to	to	ADP
taxlaw-2799	1423	37	currency	currency	NOUN
taxlaw-2799	1423	38	swaps	swap	NOUN
taxlaw-2799	1423	39	(	(	PUNCT
taxlaw-2799	1423	40	for	for	ADP
taxlaw-2799	1423	41	which	which	PRON
taxlaw-2799	1423	42	no	no	DET
taxlaw-2799	1423	43	market	market	NOUN
taxlaw-2799	1423	44	existed	exist	VERB
taxlaw-2799	1423	45	in	in	ADP
taxlaw-2799	1423	46	1981	1981	NUM
taxlaw-2799	1423	47	)	)	PUNCT
taxlaw-2799	1423	48	properly	properly	ADV
taxlaw-2799	1423	49	lead	lead	VERB
taxlaw-2799	1423	50	to	to	ADP
taxlaw-2799	1423	51	the	the	DET
taxlaw-2799	1423	52	conclusion	conclusion	NOUN
taxlaw-2799	1423	53	that	that	SCONJ
taxlaw-2799	1423	54	such	such	ADJ
taxlaw-2799	1423	55	swaps	swap	NOUN
taxlaw-2799	1423	56	are	be	AUX
taxlaw-2799	1423	57	outside	outside	ADP
taxlaw-2799	1423	58	the	the	DET
taxlaw-2799	1423	59	scope	scope	NOUN
taxlaw-2799	1423	60	of	of	ADP
taxlaw-2799	1423	61	§	§	PROPN
taxlaw-2799	1423	62	1256	1256	NUM
taxlaw-2799	1423	63	.	.	PUNCT
taxlaw-2799	1424	1	perhaps	perhaps	ADV
taxlaw-2799	1424	2	one	one	NUM
taxlaw-2799	1424	3	way	way	NOUN
taxlaw-2799	1424	4	to	to	PART
taxlaw-2799	1424	5	restate	restate	VERB
taxlaw-2799	1424	6	the	the	DET
taxlaw-2799	1424	7	analysis	analysis	NOUN
taxlaw-2799	1424	8	in	in	ADP
taxlaw-2799	1424	9	the	the	DET
taxlaw-2799	1424	10	plr	plr	NOUN
taxlaw-2799	1424	11	is	be	AUX
taxlaw-2799	1424	12	that	that	SCONJ
taxlaw-2799	1424	13	it	it	PRON
taxlaw-2799	1424	14	effectively	effectively	ADV
taxlaw-2799	1424	15	reads	read	VERB
taxlaw-2799	1424	16	the	the	DET
taxlaw-2799	1424	17	statutory	statutory	ADJ
taxlaw-2799	1424	18	language	language	NOUN
taxlaw-2799	1424	19	“	"	PUNCT
taxlaw-2799	1424	20	a	a	DET
taxlaw-2799	1424	21	contract	contract	NOUN
taxlaw-2799	1424	22	”	"	PUNCT
taxlaw-2799	1424	23	to	to	PART
taxlaw-2799	1424	24	mean	mean	VERB
taxlaw-2799	1424	25	“	"	PUNCT
taxlaw-2799	1424	26	a	a	DET
taxlaw-2799	1424	27	[	[	X
taxlaw-2799	1424	28	bank	bank	NOUN
taxlaw-2799	1424	29	forward	forward	ADV
taxlaw-2799	1424	30	]	]	X
taxlaw-2799	1424	31	contract	contract	NOUN
taxlaw-2799	1424	32	.	.	PUNCT
taxlaw-2799	1424	33	”	"	PUNCT
taxlaw-2799	1425	1	many	many	ADJ
taxlaw-2799	1425	2	practitioners	practitioner	NOUN
taxlaw-2799	1425	3	believed	believe	VERB
taxlaw-2799	1425	4	that	that	SCONJ
taxlaw-2799	1425	5	the	the	DET
taxlaw-2799	1425	6	conclusion	conclusion	NOUN
taxlaw-2799	1425	7	in	in	ADP
taxlaw-2799	1425	8	the	the	DET
taxlaw-2799	1425	9	plr	plr	NOUN
taxlaw-2799	1425	10	was	be	AUX
taxlaw-2799	1425	11	correct	correct	ADJ
taxlaw-2799	1425	12	and	and	CCONJ
taxlaw-2799	1425	13	that	that	SCONJ
taxlaw-2799	1425	14	its	its	PRON
taxlaw-2799	1425	15	reasoning	reasoning	NOUN
taxlaw-2799	1425	16	could	could	AUX
taxlaw-2799	1425	17	be	be	AUX
taxlaw-2799	1425	18	extended	extend	VERB
taxlaw-2799	1425	19	to	to	PART
taxlaw-2799	1425	20	support	support	VERB
taxlaw-2799	1425	21	the	the	DET
taxlaw-2799	1425	22	further	further	ADJ
taxlaw-2799	1425	23	conclusion	conclusion	NOUN
taxlaw-2799	1425	24	that	that	SCONJ
taxlaw-2799	1425	25	foreign	foreign	ADJ
taxlaw-2799	1425	26	currency	currency	NOUN
taxlaw-2799	1425	27	options	option	NOUN
taxlaw-2799	1425	28	traded	trade	VERB
taxlaw-2799	1425	29	in	in	ADP
taxlaw-2799	1425	30	the	the	DET
taxlaw-2799	1425	31	otc	otc	PROPN
taxlaw-2799	1425	32	market	market	NOUN
taxlaw-2799	1425	33	also	also	ADV
taxlaw-2799	1425	34	did	do	AUX
taxlaw-2799	1425	35	not	not	PART
taxlaw-2799	1425	36	constitute	constitute	VERB
taxlaw-2799	1425	37	section	section	NOUN
taxlaw-2799	1425	38	1256	1256	NUM
taxlaw-2799	1425	39	contracts	contract	NOUN
taxlaw-2799	1425	40	notwithstanding	notwithstanding	ADP
taxlaw-2799	1425	41	the	the	DET
taxlaw-2799	1425	42	fact	fact	NOUN
taxlaw-2799	1425	43	that	that	SCONJ
taxlaw-2799	1425	44	they	they	PRON
taxlaw-2799	1425	45	too	too	ADV
taxlaw-2799	1425	46	are	be	AUX
taxlaw-2799	1425	47	traded	trade	VERB
taxlaw-2799	1425	48	between	between	ADP
taxlaw-2799	1425	49	banks	bank	NOUN
taxlaw-2799	1425	50	in	in	ADP
taxlaw-2799	1425	51	the	the	DET
taxlaw-2799	1425	52	interbank	interbank	NOUN
taxlaw-2799	1425	53	market	market	NOUN
taxlaw-2799	1425	54	and	and	CCONJ
taxlaw-2799	1425	55	priced	price	VERB
taxlaw-2799	1425	56	by	by	ADP
taxlaw-2799	1425	57	reference	reference	NOUN
taxlaw-2799	1425	58	to	to	ADP
taxlaw-2799	1425	59	interbank	interbank	NOUN
taxlaw-2799	1425	60	market	market	NOUN
taxlaw-2799	1425	61	prices	price	NOUN
taxlaw-2799	1425	62	.	.	PUNCT
taxlaw-2799	1426	1	the	the	DET
taxlaw-2799	1426	2	issue	issue	NOUN
taxlaw-2799	1426	3	was	be	AUX
taxlaw-2799	1426	4	,	,	PUNCT
taxlaw-2799	1426	5	however	however	ADV
taxlaw-2799	1426	6	,	,	PUNCT
taxlaw-2799	1426	7	uncertain	uncertain	ADJ
taxlaw-2799	1426	8	.	.	PUNCT
taxlaw-2799	1427	1	the	the	DET
taxlaw-2799	1427	2	124	124	NUM
taxlaw-2799	1427	3	this	this	DET
taxlaw-2799	1427	4	definition	definition	NOUN
taxlaw-2799	1427	5	,	,	PUNCT
taxlaw-2799	1427	6	as	as	SCONJ
taxlaw-2799	1427	7	amended	amend	VERB
taxlaw-2799	1427	8	in	in	ADP
taxlaw-2799	1427	9	1984	1984	NUM
taxlaw-2799	1427	10	,	,	PUNCT
taxlaw-2799	1427	11	is	be	AUX
taxlaw-2799	1427	12	now	now	ADV
taxlaw-2799	1427	13	found	find	VERB
taxlaw-2799	1427	14	in	in	ADP
taxlaw-2799	1427	15	i.r.c	i.r.c	NOUN
taxlaw-2799	1427	16	.	.	PUNCT
taxlaw-2799	1428	1	§	§	PROPN
taxlaw-2799	1428	2	1256(g)(2	1256(g)(2	NUM
taxlaw-2799	1428	3	)	)	PUNCT
taxlaw-2799	1428	4	(	(	PUNCT
taxlaw-2799	1428	5	2010	2010	NUM
taxlaw-2799	1428	6	)	)	PUNCT
taxlaw-2799	1428	7	.	.	PUNCT
taxlaw-2799	1429	1	the	the	DET
taxlaw-2799	1429	2	bracketed	bracketed	ADJ
taxlaw-2799	1429	3	language	language	NOUN
taxlaw-2799	1429	4	was	be	AUX
taxlaw-2799	1429	5	added	add	VERB
taxlaw-2799	1429	6	in	in	ADP
taxlaw-2799	1429	7	1984	1984	NUM
taxlaw-2799	1429	8	,	,	PUNCT
taxlaw-2799	1429	9	as	as	SCONJ
taxlaw-2799	1429	10	discussed	discuss	VERB
taxlaw-2799	1429	11	in	in	ADP
taxlaw-2799	1429	12	more	more	ADJ
taxlaw-2799	1429	13	detail	detail	NOUN
taxlaw-2799	1429	14	below	below	ADV
taxlaw-2799	1429	15	.	.	PUNCT
taxlaw-2799	1430	1	125	125	NUM
taxlaw-2799	1430	2	s.	s.	PROPN
taxlaw-2799	1430	3	rep	rep	PROPN
taxlaw-2799	1430	4	.	.	PROPN
taxlaw-2799	1430	5	no	no	INTJ
taxlaw-2799	1430	6	.	.	NOUN
taxlaw-2799	1431	1	97	97	NUM
taxlaw-2799	1431	2	-	-	SYM
taxlaw-2799	1431	3	592	592	NUM
taxlaw-2799	1431	4	,	,	PUNCT
taxlaw-2799	1431	5	at	at	ADP
taxlaw-2799	1431	6	25	25	NUM
taxlaw-2799	1431	7	-	-	SYM
taxlaw-2799	1431	8	28	28	NUM
taxlaw-2799	1431	9	(	(	PUNCT
taxlaw-2799	1431	10	1982	1982	NUM
taxlaw-2799	1431	11	)	)	PUNCT
taxlaw-2799	1432	1	;	;	PUNCT
taxlaw-2799	1432	2	h.r	h.r	PROPN
taxlaw-2799	1432	3	.	.	PROPN
taxlaw-2799	1432	4	rep	rep	PROPN
taxlaw-2799	1432	5	.	.	PROPN
taxlaw-2799	1432	6	no	no	INTJ
taxlaw-2799	1432	7	.	.	NOUN
taxlaw-2799	1433	1	97	97	NUM
taxlaw-2799	1433	2	-	-	PUNCT
taxlaw-2799	1433	3	986	986	NUM
taxlaw-2799	1433	4	,	,	PUNCT
taxlaw-2799	1433	5	at	at	ADP
taxlaw-2799	1433	6	24	24	NUM
taxlaw-2799	1433	7	-	-	SYM
taxlaw-2799	1433	8	26	26	NUM
taxlaw-2799	1433	9	(	(	PUNCT
taxlaw-2799	1433	10	1982	1982	NUM
taxlaw-2799	1433	11	)	)	PUNCT
taxlaw-2799	1433	12	(	(	PUNCT
taxlaw-2799	1433	13	conf	conf	NOUN
taxlaw-2799	1433	14	.	.	PUNCT
taxlaw-2799	1433	15	rep	rep	PROPN
taxlaw-2799	1433	16	.	.	PROPN
taxlaw-2799	1433	17	)	)	PUNCT
taxlaw-2799	1433	18	.	.	PUNCT
taxlaw-2799	1434	1	70	70	NUM
taxlaw-2799	1434	2	columbia	columbia	PROPN
taxlaw-2799	1434	3	jour	jour	PROPN
taxlaw-2799	1434	4	al	al	PROPN
taxlaw-2799	1434	5	of	of	ADP
taxlaw-2799	1434	6	tax	tax	NOUN
taxlaw-2799	1434	7	law	law	NOUN
taxlaw-2799	1434	8	[	[	X
taxlaw-2799	1434	9	vol	vol	NOUN
taxlaw-2799	1434	10	.	.	PUNCT
taxlaw-2799	1434	11	2:1	2:1	NUM
taxlaw-2799	1434	12	government	government	NOUN
taxlaw-2799	1434	13	formally	formally	ADV
taxlaw-2799	1434	14	addressed	address	VERB
taxlaw-2799	1434	15	that	that	DET
taxlaw-2799	1434	16	question	question	NOUN
taxlaw-2799	1434	17	first	first	ADV
taxlaw-2799	1434	18	in	in	ADP
taxlaw-2799	1434	19	notice	notice	NOUN
taxlaw-2799	1434	20	2003	2003	NUM
taxlaw-2799	1434	21	-	-	SYM
taxlaw-2799	1434	22	81	81	NUM
taxlaw-2799	1434	23	,	,	PUNCT
taxlaw-2799	1434	24	and	and	CCONJ
taxlaw-2799	1434	25	subsequently	subsequently	ADV
taxlaw-2799	1434	26	in	in	ADP
taxlaw-2799	1434	27	notice	notice	NOUN
taxlaw-2799	1434	28	2007	2007	NUM
taxlaw-2799	1434	29	-	-	SYM
taxlaw-2799	1434	30	71.126	71.126	NUM
taxlaw-2799	1434	31	notice	notice	NOUN
taxlaw-2799	1434	32	2003	2003	NUM
taxlaw-2799	1434	33	-	-	SYM
taxlaw-2799	1434	34	81	81	NUM
taxlaw-2799	1434	35	designates	designate	VERB
taxlaw-2799	1434	36	certain	certain	ADJ
taxlaw-2799	1434	37	transactions	transaction	NOUN
taxlaw-2799	1434	38	in	in	ADP
taxlaw-2799	1434	39	which	which	PRON
taxlaw-2799	1434	40	taxpayers	taxpayer	NOUN
taxlaw-2799	1434	41	took	take	VERB
taxlaw-2799	1434	42	offsetting	offset	VERB
taxlaw-2799	1434	43	positions	position	NOUN
taxlaw-2799	1434	44	in	in	ADP
taxlaw-2799	1434	45	foreign	foreign	ADJ
taxlaw-2799	1434	46	currency	currency	NOUN
taxlaw-2799	1434	47	options	option	NOUN
taxlaw-2799	1434	48	as	as	ADP
taxlaw-2799	1434	49	“	"	PUNCT
taxlaw-2799	1434	50	listed	list	VERB
taxlaw-2799	1434	51	transactions	transaction	NOUN
taxlaw-2799	1434	52	.	.	PUNCT
taxlaw-2799	1434	53	”	"	PUNCT
taxlaw-2799	1435	1	a	a	DET
taxlaw-2799	1435	2	key	key	ADJ
taxlaw-2799	1435	3	part	part	NOUN
taxlaw-2799	1435	4	of	of	ADP
taxlaw-2799	1435	5	the	the	DET
taxlaw-2799	1435	6	intended	intend	VERB
taxlaw-2799	1435	7	operation	operation	NOUN
taxlaw-2799	1435	8	of	of	ADP
taxlaw-2799	1435	9	the	the	DET
taxlaw-2799	1435	10	transaction	transaction	NOUN
taxlaw-2799	1435	11	was	be	AUX
taxlaw-2799	1435	12	that	that	SCONJ
taxlaw-2799	1435	13	some	some	PRON
taxlaw-2799	1435	14	of	of	ADP
taxlaw-2799	1435	15	the	the	DET
taxlaw-2799	1435	16	options	option	NOUN
taxlaw-2799	1435	17	were	be	AUX
taxlaw-2799	1435	18	on	on	ADP
taxlaw-2799	1435	19	currencies	currency	NOUN
taxlaw-2799	1435	20	traded	trade	VERB
taxlaw-2799	1435	21	through	through	ADP
taxlaw-2799	1435	22	rfcs	rfc	NOUN
taxlaw-2799	1435	23	,	,	PUNCT
taxlaw-2799	1435	24	and	and	CCONJ
taxlaw-2799	1435	25	were	be	AUX
taxlaw-2799	1435	26	treated	treat	VERB
taxlaw-2799	1435	27	by	by	ADP
taxlaw-2799	1435	28	the	the	DET
taxlaw-2799	1435	29	taxpayers	taxpayer	NOUN
taxlaw-2799	1435	30	described	describe	VERB
taxlaw-2799	1435	31	in	in	ADP
taxlaw-2799	1435	32	the	the	DET
taxlaw-2799	1435	33	notice	notice	NOUN
taxlaw-2799	1435	34	as	as	ADP
taxlaw-2799	1435	35	“	"	PUNCT
taxlaw-2799	1435	36	foreign	foreign	ADJ
taxlaw-2799	1435	37	currency	currency	NOUN
taxlaw-2799	1435	38	contracts	contract	NOUN
taxlaw-2799	1435	39	,	,	PUNCT
taxlaw-2799	1435	40	”	"	PUNCT
taxlaw-2799	1435	41	and	and	CCONJ
taxlaw-2799	1435	42	some	some	PRON
taxlaw-2799	1435	43	were	be	AUX
taxlaw-2799	1435	44	on	on	ADP
taxlaw-2799	1435	45	currencies	currency	NOUN
taxlaw-2799	1435	46	not	not	PART
taxlaw-2799	1435	47	traded	trade	VERB
taxlaw-2799	1435	48	through	through	ADP
taxlaw-2799	1435	49	rfcs	rfcs	PROPN
taxlaw-2799	1435	50	and	and	CCONJ
taxlaw-2799	1435	51	thus	thus	ADV
taxlaw-2799	1435	52	clearly	clearly	ADV
taxlaw-2799	1435	53	were	be	AUX
taxlaw-2799	1435	54	not	not	PART
taxlaw-2799	1435	55	“	"	PUNCT
taxlaw-2799	1435	56	foreign	foreign	ADJ
taxlaw-2799	1435	57	currency	currency	NOUN
taxlaw-2799	1435	58	contracts	contract	NOUN
taxlaw-2799	1435	59	.	.	PUNCT
taxlaw-2799	1435	60	”	"	PUNCT
taxlaw-2799	1436	1	the	the	DET
taxlaw-2799	1436	2	notice	notice	NOUN
taxlaw-2799	1436	3	states	state	NOUN
taxlaw-2799	1436	4	as	as	ADP
taxlaw-2799	1436	5	fact	fact	NOUN
taxlaw-2799	1436	6	that	that	SCONJ
taxlaw-2799	1436	7	the	the	DET
taxlaw-2799	1436	8	otc	otc	ADJ
taxlaw-2799	1436	9	foreign	foreign	ADJ
taxlaw-2799	1436	10	currency	currency	NOUN
taxlaw-2799	1436	11	options	option	NOUN
taxlaw-2799	1436	12	on	on	ADP
taxlaw-2799	1436	13	rfc	rfc	PROPN
taxlaw-2799	1436	14	-	-	PUNCT
taxlaw-2799	1436	15	traded	trade	VERB
taxlaw-2799	1436	16	currencies	currency	NOUN
taxlaw-2799	1436	17	constitute	constitute	VERB
taxlaw-2799	1436	18	foreign	foreign	ADJ
taxlaw-2799	1436	19	currency	currency	NOUN
taxlaw-2799	1436	20	contracts	contract	NOUN
taxlaw-2799	1436	21	.	.	PUNCT
taxlaw-2799	1437	1	the	the	DET
taxlaw-2799	1437	2	notice	notice	NOUN
taxlaw-2799	1437	3	contains	contain	VERB
taxlaw-2799	1437	4	no	no	DET
taxlaw-2799	1437	5	analysis	analysis	NOUN
taxlaw-2799	1437	6	of	of	ADP
taxlaw-2799	1437	7	the	the	DET
taxlaw-2799	1437	8	issue	issue	NOUN
taxlaw-2799	1437	9	,	,	PUNCT
taxlaw-2799	1437	10	and	and	CCONJ
taxlaw-2799	1437	11	it	it	PRON
taxlaw-2799	1437	12	appears	appear	VERB
taxlaw-2799	1437	13	likely	likely	ADJ
taxlaw-2799	1437	14	that	that	SCONJ
taxlaw-2799	1437	15	at	at	ADV
taxlaw-2799	1437	16	least	least	ADJ
taxlaw-2799	1437	17	some	some	PRON
taxlaw-2799	1437	18	of	of	ADP
taxlaw-2799	1437	19	the	the	DET
taxlaw-2799	1437	20	drafters	drafter	NOUN
taxlaw-2799	1437	21	of	of	ADP
taxlaw-2799	1437	22	the	the	DET
taxlaw-2799	1437	23	notice	notice	NOUN
taxlaw-2799	1437	24	did	do	AUX
taxlaw-2799	1437	25	not	not	PART
taxlaw-2799	1437	26	realize	realize	VERB
taxlaw-2799	1437	27	the	the	DET
taxlaw-2799	1437	28	significance	significance	NOUN
taxlaw-2799	1437	29	of	of	ADP
taxlaw-2799	1437	30	this	this	DET
taxlaw-2799	1437	31	statement.127	statement.127	NOUN
taxlaw-2799	1437	32	a	a	DET
taxlaw-2799	1437	33	mild	mild	ADJ
taxlaw-2799	1437	34	uproar	uproar	NOUN
taxlaw-2799	1437	35	ensued	ensue	VERB
taxlaw-2799	1437	36	,	,	PUNCT
taxlaw-2799	1437	37	as	as	SCONJ
taxlaw-2799	1437	38	practitioners	practitioner	NOUN
taxlaw-2799	1437	39	questioned	question	VERB
taxlaw-2799	1437	40	this	this	DET
taxlaw-2799	1437	41	off	off	ADP
taxlaw-2799	1437	42	-	-	PUNCT
taxlaw-2799	1437	43	hand	hand	NOUN
taxlaw-2799	1437	44	conclusion.128	conclusion.128	NOUN
taxlaw-2799	1437	45	in	in	ADP
taxlaw-2799	1437	46	2007	2007	NUM
taxlaw-2799	1437	47	,	,	PUNCT
taxlaw-2799	1437	48	the	the	DET
taxlaw-2799	1437	49	service	service	NOUN
taxlaw-2799	1437	50	reversed	reverse	VERB
taxlaw-2799	1437	51	its	its	PRON
taxlaw-2799	1437	52	position	position	NOUN
taxlaw-2799	1437	53	in	in	ADP
taxlaw-2799	1437	54	notice	notice	NOUN
taxlaw-2799	1437	55	2007	2007	NUM
taxlaw-2799	1437	56	-	-	SYM
taxlaw-2799	1437	57	71	71	NUM
taxlaw-2799	1437	58	,	,	PUNCT
taxlaw-2799	1437	59	which	which	PRON
taxlaw-2799	1437	60	modifies	modify	VERB
taxlaw-2799	1437	61	notice	notice	NOUN
taxlaw-2799	1437	62	2003	2003	NUM
taxlaw-2799	1437	63	-	-	SYM
taxlaw-2799	1437	64	81	81	NUM
taxlaw-2799	1437	65	,	,	PUNCT
taxlaw-2799	1437	66	describes	describe	VERB
taxlaw-2799	1437	67	the	the	DET
taxlaw-2799	1437	68	statement	statement	NOUN
taxlaw-2799	1437	69	in	in	ADP
taxlaw-2799	1437	70	the	the	DET
taxlaw-2799	1437	71	earlier	early	ADJ
taxlaw-2799	1437	72	notice	notice	NOUN
taxlaw-2799	1437	73	about	about	ADP
taxlaw-2799	1437	74	foreign	foreign	ADJ
taxlaw-2799	1437	75	currency	currency	NOUN
taxlaw-2799	1437	76	options	option	NOUN
taxlaw-2799	1437	77	as	as	ADP
taxlaw-2799	1437	78	a	a	DET
taxlaw-2799	1437	79	mistake	mistake	NOUN
taxlaw-2799	1437	80	,	,	PUNCT
taxlaw-2799	1437	81	and	and	CCONJ
taxlaw-2799	1437	82	states	state	VERB
taxlaw-2799	1437	83	that	that	SCONJ
taxlaw-2799	1437	84	the	the	DET
taxlaw-2799	1437	85	service	service	NOUN
taxlaw-2799	1437	86	and	and	CCONJ
taxlaw-2799	1437	87	treasury	treasury	PROPN
taxlaw-2799	1437	88	do	do	AUX
taxlaw-2799	1437	89	not	not	PART
taxlaw-2799	1437	90	believe	believe	VERB
taxlaw-2799	1437	91	that	that	SCONJ
taxlaw-2799	1437	92	a	a	DET
taxlaw-2799	1437	93	foreign	foreign	ADJ
taxlaw-2799	1437	94	currency	currency	NOUN
taxlaw-2799	1437	95	option	option	NOUN
taxlaw-2799	1437	96	on	on	ADP
taxlaw-2799	1437	97	a	a	DET
taxlaw-2799	1437	98	currency	currency	NOUN
taxlaw-2799	1437	99	traded	trade	VERB
taxlaw-2799	1437	100	though	though	SCONJ
taxlaw-2799	1437	101	rfcs	rfcs	PROPN
taxlaw-2799	1437	102	falls	fall	VERB
taxlaw-2799	1437	103	within	within	ADP
taxlaw-2799	1437	104	the	the	DET
taxlaw-2799	1437	105	definition	definition	NOUN
taxlaw-2799	1437	106	of	of	ADP
taxlaw-2799	1437	107	“	"	PUNCT
taxlaw-2799	1437	108	foreign	foreign	ADJ
taxlaw-2799	1437	109	currency	currency	NOUN
taxlaw-2799	1437	110	contract	contract	NOUN
taxlaw-2799	1437	111	”	"	PUNCT
taxlaw-2799	1437	112	and	and	CCONJ
taxlaw-2799	1437	113	will	will	AUX
taxlaw-2799	1437	114	challenge	challenge	VERB
taxlaw-2799	1437	115	taxpayers	taxpayer	NOUN
taxlaw-2799	1437	116	who	who	PRON
taxlaw-2799	1437	117	take	take	VERB
taxlaw-2799	1437	118	that	that	DET
taxlaw-2799	1437	119	position	position	NOUN
taxlaw-2799	1437	120	.	.	PUNCT
taxlaw-2799	1438	1	the	the	DET
taxlaw-2799	1438	2	notice	notice	NOUN
taxlaw-2799	1438	3	’s	’s	PART
taxlaw-2799	1438	4	technical	technical	ADJ
taxlaw-2799	1438	5	reasoning	reasoning	NOUN
taxlaw-2799	1438	6	is	be	AUX
taxlaw-2799	1438	7	somewhat	somewhat	ADV
taxlaw-2799	1438	8	tortuous	tortuous	ADJ
taxlaw-2799	1438	9	.	.	PUNCT
taxlaw-2799	1439	1	the	the	DET
taxlaw-2799	1439	2	analysis	analysis	NOUN
taxlaw-2799	1439	3	begins	begin	VERB
taxlaw-2799	1439	4	by	by	ADP
taxlaw-2799	1439	5	referring	refer	VERB
taxlaw-2799	1439	6	to	to	ADP
taxlaw-2799	1439	7	the	the	DET
taxlaw-2799	1439	8	definition	definition	NOUN
taxlaw-2799	1439	9	of	of	ADP
taxlaw-2799	1439	10	the	the	DET
taxlaw-2799	1439	11	term	term	NOUN
taxlaw-2799	1439	12	as	as	SCONJ
taxlaw-2799	1439	13	enacted	enact	VERB
taxlaw-2799	1439	14	in	in	ADP
taxlaw-2799	1439	15	1982	1982	NUM
taxlaw-2799	1439	16	,	,	PUNCT
taxlaw-2799	1439	17	at	at	ADP
taxlaw-2799	1439	18	which	which	DET
taxlaw-2799	1439	19	time	time	NOUN
taxlaw-2799	1439	20	clause	clause	NOUN
taxlaw-2799	1439	21	(	(	PUNCT
taxlaw-2799	1439	22	a	a	X
taxlaw-2799	1439	23	)	)	PUNCT
taxlaw-2799	1439	24	quoted	quote	VERB
taxlaw-2799	1439	25	above	above	ADV
taxlaw-2799	1439	26	stated	state	VERB
taxlaw-2799	1439	27	that	that	SCONJ
taxlaw-2799	1439	28	a	a	DET
taxlaw-2799	1439	29	foreign	foreign	ADJ
taxlaw-2799	1439	30	currency	currency	NOUN
taxlaw-2799	1439	31	contract	contract	NOUN
taxlaw-2799	1439	32	“	"	PUNCT
taxlaw-2799	1439	33	requires	require	VERB
taxlaw-2799	1439	34	delivery	delivery	NOUN
taxlaw-2799	1439	35	of	of	ADP
taxlaw-2799	1439	36	”	"	PUNCT
taxlaw-2799	1439	37	an	an	DET
taxlaw-2799	1439	38	rfc	rfc	NOUN
taxlaw-2799	1439	39	-	-	PUNCT
taxlaw-2799	1439	40	traded	trade	VERB
taxlaw-2799	1439	41	currency	currency	NOUN
taxlaw-2799	1439	42	–	–	PUNCT
taxlaw-2799	1439	43	that	that	ADV
taxlaw-2799	1439	44	is	is	ADV
taxlaw-2799	1439	45	,	,	PUNCT
taxlaw-2799	1439	46	there	there	PRON
taxlaw-2799	1439	47	was	be	VERB
taxlaw-2799	1439	48	no	no	DET
taxlaw-2799	1439	49	reference	reference	NOUN
taxlaw-2799	1439	50	to	to	ADP
taxlaw-2799	1439	51	cash	cash	NOUN
taxlaw-2799	1439	52	settlement	settlement	NOUN
taxlaw-2799	1439	53	.	.	PUNCT
taxlaw-2799	1440	1	the	the	DET
taxlaw-2799	1440	2	notice	notice	NOUN
taxlaw-2799	1440	3	then	then	ADV
taxlaw-2799	1440	4	states	state	VERB
taxlaw-2799	1440	5	that	that	SCONJ
taxlaw-2799	1440	6	an	an	DET
taxlaw-2799	1440	7	option	option	NOUN
taxlaw-2799	1440	8	does	do	AUX
taxlaw-2799	1440	9	not	not	PART
taxlaw-2799	1440	10	“	"	PUNCT
taxlaw-2799	1440	11	require	require	VERB
taxlaw-2799	1440	12	”	"	PUNCT
taxlaw-2799	1440	13	delivery	delivery	NOUN
taxlaw-2799	1440	14	of	of	ADP
taxlaw-2799	1440	15	anything	anything	PRON
taxlaw-2799	1440	16	,	,	PUNCT
taxlaw-2799	1440	17	because	because	SCONJ
taxlaw-2799	1440	18	of	of	ADP
taxlaw-2799	1440	19	the	the	DET
taxlaw-2799	1440	20	possibility	possibility	NOUN
taxlaw-2799	1440	21	that	that	SCONJ
taxlaw-2799	1440	22	the	the	DET
taxlaw-2799	1440	23	option	option	NOUN
taxlaw-2799	1440	24	might	might	AUX
taxlaw-2799	1440	25	not	not	PART
taxlaw-2799	1440	26	be	be	AUX
taxlaw-2799	1440	27	exercised	exercise	VERB
taxlaw-2799	1440	28	.	.	PUNCT
taxlaw-2799	1441	1	this	this	PRON
taxlaw-2799	1441	2	is	be	AUX
taxlaw-2799	1441	3	an	an	DET
taxlaw-2799	1441	4	interesting	interesting	ADJ
taxlaw-2799	1441	5	point	point	NOUN
taxlaw-2799	1441	6	of	of	ADP
taxlaw-2799	1441	7	view	view	NOUN
taxlaw-2799	1441	8	,	,	PUNCT
taxlaw-2799	1441	9	since	since	SCONJ
taxlaw-2799	1441	10	an	an	DET
taxlaw-2799	1441	11	option	option	NOUN
taxlaw-2799	1441	12	does	do	AUX
taxlaw-2799	1441	13	create	create	VERB
taxlaw-2799	1441	14	legally	legally	ADV
taxlaw-2799	1441	15	binding	bind	VERB
taxlaw-2799	1441	16	obligations	obligation	NOUN
taxlaw-2799	1441	17	on	on	ADP
taxlaw-2799	1441	18	the	the	DET
taxlaw-2799	1441	19	writer	writer	NOUN
taxlaw-2799	1441	20	,	,	PUNCT
taxlaw-2799	1441	21	notwithstanding	notwithstanding	ADP
taxlaw-2799	1441	22	the	the	DET
taxlaw-2799	1441	23	possibility	possibility	NOUN
taxlaw-2799	1441	24	that	that	SCONJ
taxlaw-2799	1441	25	the	the	DET
taxlaw-2799	1441	26	writer	writer	NOUN
taxlaw-2799	1441	27	may	may	AUX
taxlaw-2799	1441	28	not	not	PART
taxlaw-2799	1441	29	have	have	AUX
taxlaw-2799	1441	30	to	to	PART
taxlaw-2799	1441	31	perform	perform	VERB
taxlaw-2799	1441	32	on	on	ADP
taxlaw-2799	1441	33	exercise	exercise	NOUN
taxlaw-2799	1441	34	.	.	PUNCT
taxlaw-2799	1442	1	a	a	DET
taxlaw-2799	1442	2	hypertechnical	hypertechnical	ADJ
taxlaw-2799	1442	3	reader	reader	NOUN
taxlaw-2799	1442	4	might	might	AUX
taxlaw-2799	1442	5	wonder	wonder	VERB
taxlaw-2799	1442	6	whether	whether	SCONJ
taxlaw-2799	1442	7	under	under	ADP
taxlaw-2799	1442	8	this	this	DET
taxlaw-2799	1442	9	analysis	analysis	NOUN
taxlaw-2799	1442	10	a	a	DET
taxlaw-2799	1442	11	call	call	NOUN
taxlaw-2799	1442	12	(	(	PUNCT
taxlaw-2799	1442	13	but	but	CCONJ
taxlaw-2799	1442	14	not	not	PART
taxlaw-2799	1442	15	a	a	DET
taxlaw-2799	1442	16	put	put	NOUN
taxlaw-2799	1442	17	)	)	PUNCT
taxlaw-2799	1442	18	option	option	NOUN
taxlaw-2799	1442	19	becomes	become	VERB
taxlaw-2799	1442	20	a	a	DET
taxlaw-2799	1442	21	section	section	NOUN
taxlaw-2799	1442	22	1256	1256	NUM
taxlaw-2799	1442	23	contract	contract	NOUN
taxlaw-2799	1442	24	upon	upon	SCONJ
taxlaw-2799	1442	25	exercise	exercise	NOUN
taxlaw-2799	1442	26	,	,	PUNCT
taxlaw-2799	1442	27	since	since	SCONJ
taxlaw-2799	1442	28	at	at	ADP
taxlaw-2799	1442	29	that	that	DET
taxlaw-2799	1442	30	point	point	NOUN
taxlaw-2799	1442	31	the	the	DET
taxlaw-2799	1442	32	obligation	obligation	NOUN
taxlaw-2799	1442	33	to	to	PART
taxlaw-2799	1442	34	deliver	deliver	VERB
taxlaw-2799	1442	35	foreign	foreign	ADJ
taxlaw-2799	1442	36	currency	currency	NOUN
taxlaw-2799	1442	37	ceases	cease	VERB
taxlaw-2799	1442	38	to	to	PART
taxlaw-2799	1442	39	be	be	AUX
taxlaw-2799	1442	40	contingent	contingent	ADJ
taxlaw-2799	1442	41	.	.	PUNCT
taxlaw-2799	1443	1	in	in	ADP
taxlaw-2799	1443	2	any	any	DET
taxlaw-2799	1443	3	event	event	NOUN
taxlaw-2799	1443	4	,	,	PUNCT
taxlaw-2799	1443	5	the	the	DET
taxlaw-2799	1443	6	notice	notice	NOUN
taxlaw-2799	1443	7	then	then	ADV
taxlaw-2799	1443	8	goes	go	VERB
taxlaw-2799	1443	9	on	on	ADP
taxlaw-2799	1443	10	to	to	PART
taxlaw-2799	1443	11	address	address	VERB
taxlaw-2799	1443	12	the	the	DET
taxlaw-2799	1443	13	1984	1984	NUM
taxlaw-2799	1443	14	amendment	amendment	NOUN
taxlaw-2799	1443	15	to	to	ADP
taxlaw-2799	1443	16	the	the	DET
taxlaw-2799	1443	17	definition	definition	NOUN
taxlaw-2799	1443	18	that	that	PRON
taxlaw-2799	1443	19	modifies	modify	VERB
taxlaw-2799	1443	20	the	the	DET
taxlaw-2799	1443	21	delivery	delivery	NOUN
taxlaw-2799	1443	22	requirement	requirement	NOUN
taxlaw-2799	1443	23	by	by	ADP
taxlaw-2799	1443	24	adding	add	VERB
taxlaw-2799	1443	25	the	the	DET
taxlaw-2799	1443	26	language	language	NOUN
taxlaw-2799	1443	27	“	"	PUNCT
taxlaw-2799	1443	28	or	or	CCONJ
taxlaw-2799	1443	29	the	the	DET
taxlaw-2799	1443	30	settlement	settlement	NOUN
taxlaw-2799	1443	31	of	of	ADP
taxlaw-2799	1443	32	which	which	PRON
taxlaw-2799	1443	33	depends	depend	VERB
taxlaw-2799	1443	34	on	on	ADP
taxlaw-2799	1443	35	the	the	DET
taxlaw-2799	1443	36	value	value	NOUN
taxlaw-2799	1443	37	of	of	ADP
taxlaw-2799	1443	38	,	,	PUNCT
taxlaw-2799	1443	39	”	"	PUNCT
taxlaw-2799	1443	40	as	as	SCONJ
taxlaw-2799	1443	41	shown	show	VERB
taxlaw-2799	1443	42	above	above	ADV
taxlaw-2799	1443	43	.	.	PUNCT
taxlaw-2799	1444	1	the	the	DET
taxlaw-2799	1444	2	legislative	legislative	ADJ
taxlaw-2799	1444	3	history	history	NOUN
taxlaw-2799	1444	4	makes	make	VERB
taxlaw-2799	1444	5	clear	clear	ADJ
taxlaw-2799	1444	6	that	that	SCONJ
taxlaw-2799	1444	7	this	this	DET
taxlaw-2799	1444	8	amendment	amendment	NOUN
taxlaw-2799	1444	9	126	126	NUM
taxlaw-2799	1444	10	i.r.s	i.r.	NOUN
taxlaw-2799	1444	11	.	.	PUNCT
taxlaw-2799	1445	1	notice	notice	VERB
taxlaw-2799	1445	2	2003	2003	NUM
taxlaw-2799	1445	3	-	-	SYM
taxlaw-2799	1445	4	81	81	NUM
taxlaw-2799	1445	5	,	,	PUNCT
taxlaw-2799	1445	6	2003	2003	NUM
taxlaw-2799	1445	7	-	-	SYM
taxlaw-2799	1445	8	2	2	NUM
taxlaw-2799	1445	9	c.b	c.b	PROPN
taxlaw-2799	1445	10	.	.	PROPN
taxlaw-2799	1445	11	1223	1223	NUM
taxlaw-2799	1445	12	;	;	PUNCT
taxlaw-2799	1445	13	i.r.s	i.r.s	PROPN
taxlaw-2799	1445	14	.	.	PUNCT
taxlaw-2799	1446	1	notice	notice	VERB
taxlaw-2799	1446	2	2007	2007	NUM
taxlaw-2799	1446	3	-	-	SYM
taxlaw-2799	1446	4	71	71	NUM
taxlaw-2799	1446	5	,	,	PUNCT
taxlaw-2799	1446	6	2007	2007	NUM
taxlaw-2799	1446	7	-	-	SYM
taxlaw-2799	1446	8	35	35	NUM
taxlaw-2799	1446	9	i.r.b	i.r.b	NOUN
taxlaw-2799	1446	10	.	.	PUNCT
taxlaw-2799	1447	1	472	472	NUM
taxlaw-2799	1447	2	.	.	X
taxlaw-2799	1448	1	127	127	NUM
taxlaw-2799	1448	2	the	the	DET
taxlaw-2799	1448	3	service	service	NOUN
taxlaw-2799	1448	4	had	have	AUX
taxlaw-2799	1448	5	taken	take	VERB
taxlaw-2799	1448	6	the	the	DET
taxlaw-2799	1448	7	opposite	opposite	ADJ
taxlaw-2799	1448	8	position	position	NOUN
taxlaw-2799	1448	9	in	in	ADP
taxlaw-2799	1448	10	i.r.s	i.r.s	NOUN
taxlaw-2799	1448	11	.	.	PUNCT
taxlaw-2799	1449	1	f.s.a	f.s.a	PROPN
taxlaw-2799	1449	2	.	.	PROPN
taxlaw-2799	1449	3	200025020	200025020	NUM
taxlaw-2799	1449	4	(	(	PUNCT
taxlaw-2799	1449	5	june	june	PROPN
taxlaw-2799	1449	6	23	23	NUM
taxlaw-2799	1449	7	,	,	PUNCT
taxlaw-2799	1449	8	2000	2000	NUM
taxlaw-2799	1449	9	)	)	PUNCT
taxlaw-2799	1449	10	,	,	PUNCT
taxlaw-2799	1449	11	reasoning	reason	VERB
taxlaw-2799	1449	12	that	that	SCONJ
taxlaw-2799	1449	13	congress	congress	PROPN
taxlaw-2799	1449	14	intended	intend	VERB
taxlaw-2799	1449	15	to	to	PART
taxlaw-2799	1449	16	extend	extend	VERB
taxlaw-2799	1449	17	§	§	PROPN
taxlaw-2799	1449	18	1256	1256	NUM
taxlaw-2799	1449	19	treatment	treatment	NOUN
taxlaw-2799	1449	20	only	only	ADV
taxlaw-2799	1449	21	to	to	ADP
taxlaw-2799	1449	22	foreign	foreign	ADJ
taxlaw-2799	1449	23	currency	currency	NOUN
taxlaw-2799	1449	24	forward	forward	ADV
taxlaw-2799	1449	25	contracts	contract	NOUN
taxlaw-2799	1449	26	,	,	PUNCT
taxlaw-2799	1449	27	and	and	CCONJ
taxlaw-2799	1449	28	noting	note	VERB
taxlaw-2799	1449	29	that	that	SCONJ
taxlaw-2799	1449	30	the	the	DET
taxlaw-2799	1449	31	legislative	legislative	ADJ
taxlaw-2799	1449	32	history	history	NOUN
taxlaw-2799	1449	33	to	to	ADP
taxlaw-2799	1449	34	1984	1984	NUM
taxlaw-2799	1449	35	amendments	amendment	NOUN
taxlaw-2799	1449	36	to	to	ADP
taxlaw-2799	1449	37	the	the	DET
taxlaw-2799	1449	38	nonequity	nonequity	NOUN
taxlaw-2799	1449	39	option	option	NOUN
taxlaw-2799	1449	40	rules	rule	NOUN
taxlaw-2799	1449	41	states	state	VERB
taxlaw-2799	1449	42	that	that	SCONJ
taxlaw-2799	1449	43	only	only	ADV
taxlaw-2799	1449	44	“	"	PUNCT
taxlaw-2799	1449	45	certain	certain	ADJ
taxlaw-2799	1449	46	”	"	PUNCT
taxlaw-2799	1449	47	foreign	foreign	ADJ
taxlaw-2799	1449	48	currency	currency	NOUN
taxlaw-2799	1449	49	contracts	contract	NOUN
taxlaw-2799	1449	50	are	be	AUX
taxlaw-2799	1449	51	treated	treat	VERB
taxlaw-2799	1449	52	as	as	ADP
taxlaw-2799	1449	53	rfcs	rfcs	PROPN
taxlaw-2799	1449	54	.	.	PUNCT
taxlaw-2799	1450	1	the	the	DET
taxlaw-2799	1450	2	fsa	fsa	PROPN
taxlaw-2799	1450	3	also	also	ADV
taxlaw-2799	1450	4	notes	note	VERB
taxlaw-2799	1450	5	that	that	SCONJ
taxlaw-2799	1450	6	reading	read	VERB
taxlaw-2799	1450	7	“	"	PUNCT
taxlaw-2799	1450	8	foreign	foreign	ADJ
taxlaw-2799	1450	9	currency	currency	NOUN
taxlaw-2799	1450	10	contract	contract	NOUN
taxlaw-2799	1450	11	”	"	PUNCT
taxlaw-2799	1450	12	broadly	broadly	ADV
taxlaw-2799	1450	13	to	to	PART
taxlaw-2799	1450	14	include	include	VERB
taxlaw-2799	1450	15	foreign	foreign	ADJ
taxlaw-2799	1450	16	currency	currency	NOUN
taxlaw-2799	1450	17	options	option	NOUN
taxlaw-2799	1450	18	would	would	AUX
taxlaw-2799	1450	19	effectively	effectively	ADV
taxlaw-2799	1450	20	override	override	VERB
taxlaw-2799	1450	21	the	the	DET
taxlaw-2799	1450	22	limitations	limitation	NOUN
taxlaw-2799	1450	23	of	of	ADP
taxlaw-2799	1450	24	§	§	PROPN
taxlaw-2799	1450	25	§	§	NOUN
taxlaw-2799	1450	26	1256(g)(3	1256(g)(3	NUM
taxlaw-2799	1450	27	)	)	PUNCT
taxlaw-2799	1450	28	and	and	CCONJ
taxlaw-2799	1450	29	(	(	PUNCT
taxlaw-2799	1450	30	g)(4	g)(4	NUM
taxlaw-2799	1450	31	)	)	PUNCT
taxlaw-2799	1450	32	,	,	PUNCT
taxlaw-2799	1450	33	dealing	deal	VERB
taxlaw-2799	1450	34	with	with	ADP
taxlaw-2799	1450	35	options	option	NOUN
taxlaw-2799	1450	36	listed	list	VERB
taxlaw-2799	1450	37	on	on	ADP
taxlaw-2799	1450	38	a	a	DET
taxlaw-2799	1450	39	qbe	qbe	PROPN
taxlaw-2799	1450	40	.	.	PUNCT
taxlaw-2799	1451	1	fsas	fsas	PROPN
taxlaw-2799	1451	2	officially	officially	ADV
taxlaw-2799	1451	3	have	have	VERB
taxlaw-2799	1451	4	no	no	DET
taxlaw-2799	1451	5	authoritative	authoritative	ADJ
taxlaw-2799	1451	6	weight	weight	NOUN
taxlaw-2799	1451	7	whatsoever	whatsoever	ADV
taxlaw-2799	1451	8	,	,	PUNCT
taxlaw-2799	1451	9	and	and	CCONJ
taxlaw-2799	1451	10	the	the	DET
taxlaw-2799	1451	11	chief	chief	ADJ
taxlaw-2799	1451	12	counsel	counsel	NOUN
taxlaw-2799	1451	13	’s	’s	PART
taxlaw-2799	1451	14	office	office	NOUN
taxlaw-2799	1451	15	has	have	AUX
taxlaw-2799	1451	16	ceased	cease	VERB
taxlaw-2799	1451	17	to	to	PART
taxlaw-2799	1451	18	issue	issue	VERB
taxlaw-2799	1451	19	them	they	PRON
taxlaw-2799	1451	20	.	.	PUNCT
taxlaw-2799	1452	1	128	128	NUM
taxlaw-2799	1452	2	see	see	VERB
taxlaw-2799	1452	3	michael	michael	PROPN
taxlaw-2799	1452	4	j.	j.	PROPN
taxlaw-2799	1452	5	feder	feder	PROPN
taxlaw-2799	1452	6	,	,	PUNCT
taxlaw-2799	1452	7	l.g	l.g	PROPN
taxlaw-2799	1452	8	.	.	PUNCT
taxlaw-2799	1452	9	“	"	PUNCT
taxlaw-2799	1452	10	chip	chip	NOUN
taxlaw-2799	1452	11	”	"	PUNCT
taxlaw-2799	1452	12	harter	harter	PROPN
taxlaw-2799	1452	13	&	&	CCONJ
taxlaw-2799	1452	14	david	david	PROPN
taxlaw-2799	1452	15	h.	h.	PROPN
taxlaw-2799	1452	16	shapiro	shapiro	PROPN
taxlaw-2799	1452	17	,	,	PUNCT
taxlaw-2799	1452	18	otice	otice	PROPN
taxlaw-2799	1452	19	2003	2003	NUM
taxlaw-2799	1452	20	-	-	SYM
taxlaw-2799	1452	21	81	81	NUM
taxlaw-2799	1452	22	:	:	PUNCT
taxlaw-2799	1452	23	are	be	AUX
taxlaw-2799	1452	24	otc	otc	PROPN
taxlaw-2799	1452	25	currency	currency	NOUN
taxlaw-2799	1452	26	options	option	NOUN
taxlaw-2799	1452	27	1256	1256	NUM
taxlaw-2799	1452	28	contracts	contract	NOUN
taxlaw-2799	1452	29	?	?	PUNCT
taxlaw-2799	1452	30	,	,	PUNCT
taxlaw-2799	1452	31	101	101	NUM
taxlaw-2799	1452	32	tax	tax	NOUN
taxlaw-2799	1452	33	notes	note	NOUN
taxlaw-2799	1452	34	1470	1470	NUM
taxlaw-2799	1452	35	(	(	PUNCT
taxlaw-2799	1452	36	2003	2003	NUM
taxlaw-2799	1452	37	)	)	PUNCT
taxlaw-2799	1452	38	.	.	PUNCT
taxlaw-2799	1453	1	2011	2011	NUM
taxlaw-2799	1453	2	]	]	PUNCT
taxlaw-2799	1453	3	ew	ew	AUX
taxlaw-2799	1453	4	tax	tax	NOUN
taxlaw-2799	1453	5	issues	issue	NOUN
taxlaw-2799	1453	6	arisi	arisi	VERB
taxlaw-2799	1453	7	g	g	PROPN
taxlaw-2799	1453	8	from	from	ADP
taxlaw-2799	1453	9	the	the	DET
taxlaw-2799	1453	10	dodd	dodd	NOUN
taxlaw-2799	1453	11	-	-	PUNCT
taxlaw-2799	1453	12	fra	fra	PROPN
taxlaw-2799	1453	13	k	k	PROPN
taxlaw-2799	1453	14	act	act	PROPN
taxlaw-2799	1453	15	71	71	NUM
taxlaw-2799	1453	16	was	be	AUX
taxlaw-2799	1453	17	intended	intend	VERB
taxlaw-2799	1453	18	to	to	PART
taxlaw-2799	1453	19	bring	bring	VERB
taxlaw-2799	1453	20	cash	cash	NOUN
taxlaw-2799	1453	21	-	-	PUNCT
taxlaw-2799	1453	22	settled	settle	VERB
taxlaw-2799	1453	23	otc	otc	ADJ
taxlaw-2799	1453	24	foreign	foreign	ADJ
taxlaw-2799	1453	25	currency	currency	NOUN
taxlaw-2799	1453	26	forwards	forward	VERB
taxlaw-2799	1453	27	on	on	ADP
taxlaw-2799	1453	28	rfctraded	rfctrade	VERB
taxlaw-2799	1453	29	currencies	currency	NOUN
taxlaw-2799	1453	30	within	within	ADP
taxlaw-2799	1453	31	the	the	DET
taxlaw-2799	1453	32	scope	scope	NOUN
taxlaw-2799	1453	33	of	of	ADP
taxlaw-2799	1453	34	§	§	PROPN
taxlaw-2799	1453	35	1256	1256	NUM
taxlaw-2799	1453	36	.	.	PUNCT
taxlaw-2799	1454	1	the	the	DET
taxlaw-2799	1454	2	notice	notice	NOUN
taxlaw-2799	1454	3	states	state	VERB
taxlaw-2799	1454	4	that	that	SCONJ
taxlaw-2799	1454	5	there	there	PRON
taxlaw-2799	1454	6	is	be	VERB
taxlaw-2799	1454	7	no	no	DET
taxlaw-2799	1454	8	indication	indication	NOUN
taxlaw-2799	1454	9	in	in	ADP
taxlaw-2799	1454	10	the	the	DET
taxlaw-2799	1454	11	legislative	legislative	ADJ
taxlaw-2799	1454	12	history	history	NOUN
taxlaw-2799	1454	13	—	—	PUNCT
taxlaw-2799	1454	14	again	again	ADV
taxlaw-2799	1454	15	reasoning	reasoning	NOUN
taxlaw-2799	1454	16	by	by	ADP
taxlaw-2799	1454	17	reference	reference	NOUN
taxlaw-2799	1454	18	to	to	ADP
taxlaw-2799	1454	19	silence	silence	NOUN
taxlaw-2799	1454	20	—	—	PUNCT
taxlaw-2799	1454	21	that	that	SCONJ
taxlaw-2799	1454	22	this	this	DET
taxlaw-2799	1454	23	amendment	amendment	NOUN
taxlaw-2799	1454	24	also	also	ADV
taxlaw-2799	1454	25	was	be	AUX
taxlaw-2799	1454	26	intended	intend	VERB
taxlaw-2799	1454	27	to	to	PART
taxlaw-2799	1454	28	broaden	broaden	VERB
taxlaw-2799	1454	29	the	the	DET
taxlaw-2799	1454	30	scope	scope	NOUN
taxlaw-2799	1454	31	of	of	ADP
taxlaw-2799	1454	32	“	"	PUNCT
taxlaw-2799	1454	33	foreign	foreign	ADJ
taxlaw-2799	1454	34	currency	currency	NOUN
taxlaw-2799	1454	35	contract	contract	NOUN
taxlaw-2799	1454	36	”	"	PUNCT
taxlaw-2799	1454	37	to	to	ADP
taxlaw-2799	1454	38	foreign	foreign	ADJ
taxlaw-2799	1454	39	currency	currency	NOUN
taxlaw-2799	1454	40	options.129	options.129	ADV
taxlaw-2799	1454	41	finally	finally	ADV
taxlaw-2799	1454	42	,	,	PUNCT
taxlaw-2799	1454	43	the	the	DET
taxlaw-2799	1454	44	notice	notice	NOUN
taxlaw-2799	1454	45	cites	cite	VERB
taxlaw-2799	1454	46	to	to	ADP
taxlaw-2799	1454	47	the	the	DET
taxlaw-2799	1454	48	legislative	legislative	ADJ
taxlaw-2799	1454	49	history	history	NOUN
taxlaw-2799	1454	50	of	of	ADP
taxlaw-2799	1454	51	certain	certain	ADJ
taxlaw-2799	1454	52	1986	1986	NUM
taxlaw-2799	1454	53	amendments	amendment	NOUN
taxlaw-2799	1454	54	to	to	ADP
taxlaw-2799	1454	55	§	§	PROPN
taxlaw-2799	1454	56	988	988	NUM
taxlaw-2799	1454	57	—	—	PUNCT
taxlaw-2799	1454	58	which	which	PRON
taxlaw-2799	1454	59	is	be	AUX
taxlaw-2799	1454	60	not	not	PART
taxlaw-2799	1454	61	technically	technically	ADV
taxlaw-2799	1454	62	legislative	legislative	ADJ
taxlaw-2799	1454	63	history	history	NOUN
taxlaw-2799	1454	64	to	to	ADP
taxlaw-2799	1454	65	a	a	DET
taxlaw-2799	1454	66	1982	1982	NUM
taxlaw-2799	1454	67	amendment	amendment	NOUN
taxlaw-2799	1454	68	to	to	ADP
taxlaw-2799	1454	69	§	§	PROPN
taxlaw-2799	1454	70	1256	1256	NUM
taxlaw-2799	1454	71	—	—	PUNCT
taxlaw-2799	1454	72	as	as	ADP
taxlaw-2799	1454	73	confirmation	confirmation	NOUN
taxlaw-2799	1454	74	of	of	ADP
taxlaw-2799	1454	75	congress	congress	PROPN
taxlaw-2799	1454	76	’s	’s	PART
taxlaw-2799	1454	77	understanding	understanding	NOUN
taxlaw-2799	1454	78	of	of	ADP
taxlaw-2799	1454	79	the	the	DET
taxlaw-2799	1454	80	definition	definition	NOUN
taxlaw-2799	1454	81	as	as	ADP
taxlaw-2799	1454	82	not	not	PART
taxlaw-2799	1454	83	covering	cover	VERB
taxlaw-2799	1454	84	foreign	foreign	ADJ
taxlaw-2799	1454	85	currency	currency	NOUN
taxlaw-2799	1454	86	options	option	NOUN
taxlaw-2799	1454	87	.	.	PUNCT
taxlaw-2799	1455	1	in	in	ADP
taxlaw-2799	1455	2	short	short	ADJ
taxlaw-2799	1455	3	,	,	PUNCT
taxlaw-2799	1455	4	the	the	DET
taxlaw-2799	1455	5	notice	notice	NOUN
taxlaw-2799	1455	6	also	also	ADV
taxlaw-2799	1455	7	effectively	effectively	ADV
taxlaw-2799	1455	8	reads	read	VERB
taxlaw-2799	1455	9	the	the	DET
taxlaw-2799	1455	10	statutory	statutory	ADJ
taxlaw-2799	1455	11	definition	definition	NOUN
taxlaw-2799	1455	12	as	as	ADP
taxlaw-2799	1455	13	applying	apply	VERB
taxlaw-2799	1455	14	to	to	ADP
taxlaw-2799	1455	15	“	"	PUNCT
taxlaw-2799	1455	16	a	a	DET
taxlaw-2799	1455	17	[	[	X
taxlaw-2799	1455	18	bank	bank	NOUN
taxlaw-2799	1455	19	forward	forward	ADV
taxlaw-2799	1455	20	]	]	PUNCT
taxlaw-2799	1455	21	contract	contract	NOUN
taxlaw-2799	1455	22	,	,	PUNCT
taxlaw-2799	1455	23	”	"	PUNCT
taxlaw-2799	1455	24	notwithstanding	notwithstanding	ADP
taxlaw-2799	1455	25	the	the	DET
taxlaw-2799	1455	26	apparently	apparently	ADV
taxlaw-2799	1455	27	broad	broad	ADJ
taxlaw-2799	1455	28	scope	scope	NOUN
taxlaw-2799	1455	29	of	of	ADP
taxlaw-2799	1455	30	the	the	DET
taxlaw-2799	1455	31	statutory	statutory	ADJ
taxlaw-2799	1455	32	definition	definition	NOUN
taxlaw-2799	1455	33	of	of	ADP
taxlaw-2799	1455	34	“	"	PUNCT
taxlaw-2799	1455	35	foreign	foreign	ADJ
taxlaw-2799	1455	36	currency	currency	NOUN
taxlaw-2799	1455	37	contract	contract	NOUN
taxlaw-2799	1455	38	.	.	PUNCT
taxlaw-2799	1455	39	”	"	PUNCT
taxlaw-2799	1456	1	the	the	DET
taxlaw-2799	1456	2	notice	notice	NOUN
taxlaw-2799	1456	3	thus	thus	ADV
taxlaw-2799	1456	4	demonstrates	demonstrate	VERB
taxlaw-2799	1456	5	the	the	DET
taxlaw-2799	1456	6	crucial	crucial	ADJ
taxlaw-2799	1456	7	nature	nature	NOUN
taxlaw-2799	1456	8	of	of	ADP
taxlaw-2799	1456	9	legislative	legislative	ADJ
taxlaw-2799	1456	10	history	history	NOUN
taxlaw-2799	1456	11	and	and	CCONJ
taxlaw-2799	1456	12	congressional	congressional	ADJ
taxlaw-2799	1456	13	intent	intent	NOUN
taxlaw-2799	1456	14	in	in	ADP
taxlaw-2799	1456	15	the	the	DET
taxlaw-2799	1456	16	government	government	NOUN
taxlaw-2799	1456	17	’s	’s	PART
taxlaw-2799	1456	18	interpretation	interpretation	NOUN
taxlaw-2799	1456	19	of	of	ADP
taxlaw-2799	1456	20	the	the	DET
taxlaw-2799	1456	21	scope	scope	NOUN
taxlaw-2799	1456	22	of	of	ADP
taxlaw-2799	1456	23	§	§	PROPN
taxlaw-2799	1456	24	1256	1256	NUM
taxlaw-2799	1456	25	.	.	PUNCT
taxlaw-2799	1457	1	the	the	DET
taxlaw-2799	1457	2	conclusion	conclusion	NOUN
taxlaw-2799	1457	3	reached	reach	VERB
taxlaw-2799	1457	4	in	in	ADP
taxlaw-2799	1457	5	the	the	DET
taxlaw-2799	1457	6	notice	notice	NOUN
taxlaw-2799	1457	7	was	be	AUX
taxlaw-2799	1457	8	adopted	adopt	VERB
taxlaw-2799	1457	9	by	by	ADP
taxlaw-2799	1457	10	the	the	DET
taxlaw-2799	1457	11	tax	tax	NOUN
taxlaw-2799	1457	12	court	court	NOUN
taxlaw-2799	1457	13	in	in	ADP
taxlaw-2799	1457	14	summitt	summitt	PROPN
taxlaw-2799	1457	15	.	.	PUNCT
taxlaw-2799	1458	1	in	in	ADP
taxlaw-2799	1458	2	a	a	DET
taxlaw-2799	1458	3	remarkable	remarkable	ADJ
taxlaw-2799	1458	4	feat	feat	NOUN
taxlaw-2799	1458	5	of	of	ADP
taxlaw-2799	1458	6	vision	vision	NOUN
taxlaw-2799	1458	7	,	,	PUNCT
taxlaw-2799	1458	8	the	the	DET
taxlaw-2799	1458	9	court	court	NOUN
taxlaw-2799	1458	10	reaches	reach	VERB
taxlaw-2799	1458	11	its	its	PRON
taxlaw-2799	1458	12	conclusion	conclusion	NOUN
taxlaw-2799	1458	13	based	base	VERB
taxlaw-2799	1458	14	on	on	ADP
taxlaw-2799	1458	15	the	the	DET
taxlaw-2799	1458	16	plain	plain	ADJ
taxlaw-2799	1458	17	meaning	meaning	NOUN
taxlaw-2799	1458	18	of	of	ADP
taxlaw-2799	1458	19	the	the	DET
taxlaw-2799	1458	20	statute	statute	NOUN
taxlaw-2799	1458	21	,	,	PUNCT
taxlaw-2799	1458	22	and	and	CCONJ
taxlaw-2799	1458	23	looks	look	VERB
taxlaw-2799	1458	24	to	to	ADP
taxlaw-2799	1458	25	legislative	legislative	ADJ
taxlaw-2799	1458	26	history	history	NOUN
taxlaw-2799	1458	27	only	only	ADV
taxlaw-2799	1458	28	to	to	PART
taxlaw-2799	1458	29	confirm	confirm	VERB
taxlaw-2799	1458	30	its	its	PRON
taxlaw-2799	1458	31	conclusion	conclusion	NOUN
taxlaw-2799	1458	32	.	.	PUNCT
taxlaw-2799	1459	1	the	the	DET
taxlaw-2799	1459	2	“	"	PUNCT
taxlaw-2799	1459	3	plain	plain	ADJ
taxlaw-2799	1459	4	meaning	meaning	NOUN
taxlaw-2799	1459	5	”	"	PUNCT
taxlaw-2799	1459	6	in	in	ADP
taxlaw-2799	1459	7	this	this	DET
taxlaw-2799	1459	8	case	case	NOUN
taxlaw-2799	1459	9	includes	include	VERB
taxlaw-2799	1459	10	the	the	DET
taxlaw-2799	1459	11	statutory	statutory	ADJ
taxlaw-2799	1459	12	changes	change	NOUN
taxlaw-2799	1459	13	made	make	VERB
taxlaw-2799	1459	14	to	to	ADP
taxlaw-2799	1459	15	the	the	DET
taxlaw-2799	1459	16	definition	definition	NOUN
taxlaw-2799	1459	17	,	,	PUNCT
taxlaw-2799	1459	18	thus	thus	ADV
taxlaw-2799	1459	19	suggesting	suggest	VERB
taxlaw-2799	1459	20	that	that	SCONJ
taxlaw-2799	1459	21	a	a	DET
taxlaw-2799	1459	22	similar	similar	ADJ
taxlaw-2799	1459	23	historical	historical	ADJ
taxlaw-2799	1459	24	view	view	NOUN
taxlaw-2799	1459	25	is	be	AUX
taxlaw-2799	1459	26	appropriate	appropriate	ADJ
taxlaw-2799	1459	27	with	with	ADP
taxlaw-2799	1459	28	respect	respect	NOUN
taxlaw-2799	1459	29	to	to	ADP
taxlaw-2799	1459	30	regulated	regulated	ADJ
taxlaw-2799	1459	31	futures	future	NOUN
taxlaw-2799	1459	32	contracts	contract	NOUN
taxlaw-2799	1459	33	.	.	PUNCT
taxlaw-2799	1460	1	the	the	DET
taxlaw-2799	1460	2	case	case	NOUN
taxlaw-2799	1460	3	helpfully	helpfully	ADV
taxlaw-2799	1460	4	also	also	ADV
taxlaw-2799	1460	5	states	state	VERB
taxlaw-2799	1460	6	that	that	SCONJ
taxlaw-2799	1460	7	“	"	PUNCT
taxlaw-2799	1460	8	[	[	X
taxlaw-2799	1460	9	w]hen	w]hen	ADV
taxlaw-2799	1460	10	congress	congress	PROPN
taxlaw-2799	1460	11	has	have	AUX
taxlaw-2799	1460	12	specified	specify	VERB
taxlaw-2799	1460	13	the	the	DET
taxlaw-2799	1460	14	types	type	NOUN
taxlaw-2799	1460	15	of	of	ADP
taxlaw-2799	1460	16	contracts	contract	NOUN
taxlaw-2799	1460	17	that	that	PRON
taxlaw-2799	1460	18	come	come	VERB
taxlaw-2799	1460	19	within	within	ADP
taxlaw-2799	1460	20	the	the	DET
taxlaw-2799	1460	21	definition	definition	NOUN
taxlaw-2799	1460	22	of	of	ADP
taxlaw-2799	1460	23	a	a	DET
taxlaw-2799	1460	24	section	section	NOUN
taxlaw-2799	1460	25	1256	1256	NUM
taxlaw-2799	1460	26	contract	contract	NOUN
taxlaw-2799	1460	27	,	,	PUNCT
taxlaw-2799	1460	28	exclusion	exclusion	NOUN
taxlaw-2799	1460	29	of	of	ADP
taxlaw-2799	1460	30	others	other	NOUN
taxlaw-2799	1460	31	from	from	ADP
taxlaw-2799	1460	32	its	its	PRON
taxlaw-2799	1460	33	operation	operation	NOUN
taxlaw-2799	1460	34	may	may	AUX
taxlaw-2799	1460	35	be	be	AUX
taxlaw-2799	1460	36	inferred	infer	VERB
taxlaw-2799	1460	37	.	.	PUNCT
taxlaw-2799	1460	38	”130	”130	PROPN
taxlaw-2799	1461	1	summitt	summitt	PROPN
taxlaw-2799	1461	2	thus	thus	ADV
taxlaw-2799	1461	3	provides	provide	VERB
taxlaw-2799	1461	4	at	at	ADV
taxlaw-2799	1461	5	least	least	ADJ
taxlaw-2799	1461	6	moral	moral	ADJ
taxlaw-2799	1461	7	support	support	NOUN
taxlaw-2799	1461	8	for	for	ADP
taxlaw-2799	1461	9	the	the	DET
taxlaw-2799	1461	10	narrow	narrow	ADJ
taxlaw-2799	1461	11	interpretation	interpretation	NOUN
taxlaw-2799	1461	12	of	of	ADP
taxlaw-2799	1461	13	§	§	PROPN
taxlaw-2799	1461	14	1256	1256	NUM
taxlaw-2799	1461	15	that	that	PRON
taxlaw-2799	1461	16	this	this	DET
taxlaw-2799	1461	17	article	article	NOUN
taxlaw-2799	1461	18	advocates	advocate	VERB
taxlaw-2799	1461	19	.	.	PUNCT
taxlaw-2799	1462	1	4	4	X
taxlaw-2799	1462	2	.	.	X
taxlaw-2799	1462	3	other	other	ADJ
taxlaw-2799	1462	4	service	service	NOUN
taxlaw-2799	1462	5	guidance	guidance	NOUN
taxlaw-2799	1462	6	on	on	ADP
taxlaw-2799	1462	7	the	the	DET
taxlaw-2799	1462	8	scope	scope	NOUN
taxlaw-2799	1462	9	of	of	ADP
taxlaw-2799	1462	10	the	the	DET
taxlaw-2799	1462	11	rfc	rfc	NOUN
taxlaw-2799	1462	12	definition	definition	NOUN
taxlaw-2799	1462	13	.	.	PUNCT
taxlaw-2799	1463	1	turning	turn	VERB
taxlaw-2799	1463	2	from	from	ADP
taxlaw-2799	1463	3	legislation	legislation	NOUN
taxlaw-2799	1463	4	to	to	ADP
taxlaw-2799	1463	5	regulatory	regulatory	ADJ
taxlaw-2799	1463	6	guidance	guidance	NOUN
taxlaw-2799	1463	7	,	,	PUNCT
taxlaw-2799	1463	8	there	there	PRON
taxlaw-2799	1463	9	are	be	VERB
taxlaw-2799	1463	10	a	a	DET
taxlaw-2799	1463	11	handful	handful	NOUN
taxlaw-2799	1463	12	of	of	ADP
taxlaw-2799	1463	13	items	item	NOUN
taxlaw-2799	1463	14	of	of	ADP
taxlaw-2799	1463	15	guidance	guidance	NOUN
taxlaw-2799	1463	16	addressing	address	VERB
taxlaw-2799	1463	17	the	the	DET
taxlaw-2799	1463	18	scope	scope	NOUN
taxlaw-2799	1463	19	of	of	ADP
taxlaw-2799	1463	20	§	§	PROPN
taxlaw-2799	1463	21	1256	1256	NUM
taxlaw-2799	1463	22	’s	’s	PART
taxlaw-2799	1463	23	definitional	definitional	ADJ
taxlaw-2799	1463	24	provisions	provision	NOUN
taxlaw-2799	1463	25	.	.	PUNCT
taxlaw-2799	1464	1	to	to	ADP
taxlaw-2799	1464	2	the	the	DET
taxlaw-2799	1464	3	extent	extent	NOUN
taxlaw-2799	1464	4	one	one	PRON
taxlaw-2799	1464	5	can	can	AUX
taxlaw-2799	1464	6	extract	extract	VERB
taxlaw-2799	1464	7	something	something	PRON
taxlaw-2799	1464	8	from	from	ADP
taxlaw-2799	1464	9	them	they	PRON
taxlaw-2799	1464	10	,	,	PUNCT
taxlaw-2799	1464	11	they	they	PRON
taxlaw-2799	1464	12	too	too	ADV
taxlaw-2799	1464	13	suggest	suggest	VERB
taxlaw-2799	1464	14	that	that	SCONJ
taxlaw-2799	1464	15	the	the	DET
taxlaw-2799	1464	16	service	service	NOUN
taxlaw-2799	1464	17	has	have	AUX
taxlaw-2799	1464	18	interpreted	interpret	VERB
taxlaw-2799	1464	19	that	that	SCONJ
taxlaw-2799	1464	20	definition	definition	NOUN
taxlaw-2799	1464	21	by	by	ADP
taxlaw-2799	1464	22	starting	start	VERB
taxlaw-2799	1464	23	with	with	ADP
taxlaw-2799	1464	24	a	a	DET
taxlaw-2799	1464	25	sensible	sensible	ADJ
taxlaw-2799	1464	26	conclusion	conclusion	NOUN
taxlaw-2799	1464	27	and	and	CCONJ
taxlaw-2799	1464	28	working	work	VERB
taxlaw-2799	1464	29	backwards	backwards	ADV
taxlaw-2799	1464	30	to	to	PART
taxlaw-2799	1464	31	find	find	VERB
taxlaw-2799	1464	32	what	what	PRON
taxlaw-2799	1464	33	support	support	NOUN
taxlaw-2799	1464	34	there	there	PRON
taxlaw-2799	1464	35	is	be	VERB
taxlaw-2799	1464	36	in	in	ADP
taxlaw-2799	1464	37	the	the	DET
taxlaw-2799	1464	38	statutory	statutory	ADJ
taxlaw-2799	1464	39	language	language	NOUN
taxlaw-2799	1464	40	.	.	PUNCT
taxlaw-2799	1465	1	the	the	DET
taxlaw-2799	1465	2	only	only	ADJ
taxlaw-2799	1465	3	published	publish	VERB
taxlaw-2799	1465	4	guidance	guidance	NOUN
taxlaw-2799	1465	5	on	on	ADP
taxlaw-2799	1465	6	the	the	DET
taxlaw-2799	1465	7	scope	scope	NOUN
taxlaw-2799	1465	8	of	of	ADP
taxlaw-2799	1465	9	the	the	DET
taxlaw-2799	1465	10	rfc	rfc	NOUN
taxlaw-2799	1465	11	definition	definition	NOUN
taxlaw-2799	1465	12	is	be	AUX
taxlaw-2799	1465	13	revenue	revenue	NOUN
taxlaw-2799	1465	14	ruling	rule	VERB
taxlaw-2799	1465	15	87	87	NUM
taxlaw-2799	1465	16	-	-	SYM
taxlaw-2799	1465	17	43	43	NUM
taxlaw-2799	1465	18	,	,	PUNCT
taxlaw-2799	1465	19	which	which	PRON
taxlaw-2799	1465	20	as	as	SCONJ
taxlaw-2799	1465	21	briefly	briefly	ADV
taxlaw-2799	1465	22	described	describe	VERB
taxlaw-2799	1465	23	above	above	ADP
taxlaw-2799	1465	24	considers	consider	VERB
taxlaw-2799	1465	25	whether	whether	SCONJ
taxlaw-2799	1465	26	futures	future	NOUN
taxlaw-2799	1465	27	or	or	CCONJ
taxlaw-2799	1465	28	option	option	NOUN
taxlaw-2799	1465	29	contracts	contract	NOUN
taxlaw-2799	1465	30	established	establish	VERB
taxlaw-2799	1465	31	pursuant	pursuant	ADV
taxlaw-2799	1465	32	to	to	ADP
taxlaw-2799	1465	33	the	the	DET
taxlaw-2799	1465	34	mutual	mutual	ADJ
taxlaw-2799	1465	35	offset	offset	NOUN
taxlaw-2799	1465	36	system	system	NOUN
taxlaw-2799	1465	37	between	between	ADP
taxlaw-2799	1465	38	the	the	DET
taxlaw-2799	1465	39	cme	cme	NOUN
taxlaw-2799	1465	40	and	and	CCONJ
taxlaw-2799	1465	41	a	a	DET
taxlaw-2799	1465	42	foreign	foreign	ADJ
taxlaw-2799	1465	43	exchange	exchange	NOUN
taxlaw-2799	1465	44	then	then	ADV
taxlaw-2799	1465	45	known	know	VERB
taxlaw-2799	1465	46	as	as	ADP
taxlaw-2799	1465	47	simex	simex	NOUN
taxlaw-2799	1465	48	are	be	AUX
taxlaw-2799	1465	49	considered	consider	VERB
taxlaw-2799	1465	50	“	"	PUNCT
taxlaw-2799	1465	51	traded	trade	VERB
taxlaw-2799	1465	52	on	on	ADP
taxlaw-2799	1465	53	or	or	CCONJ
taxlaw-2799	1465	54	subject	subject	VERB
taxlaw-2799	1465	55	to	to	ADP
taxlaw-2799	1465	56	the	the	DET
taxlaw-2799	1465	57	rules	rule	NOUN
taxlaw-2799	1465	58	of	of	ADP
taxlaw-2799	1465	59	”	"	PUNCT
taxlaw-2799	1465	60	a	a	DET
taxlaw-2799	1465	61	qualified	qualified	ADJ
taxlaw-2799	1465	62	board	board	NOUN
taxlaw-2799	1465	63	or	or	CCONJ
taxlaw-2799	1465	64	exchange.131	exchange.131	PROPN
taxlaw-2799	1465	65	the	the	DET
taxlaw-2799	1465	66	ruling	ruling	NOUN
taxlaw-2799	1465	67	concludes	conclude	VERB
taxlaw-2799	1465	68	that	that	SCONJ
taxlaw-2799	1465	69	contracts	contract	NOUN
taxlaw-2799	1465	70	executed	execute	VERB
taxlaw-2799	1465	71	on	on	ADP
taxlaw-2799	1465	72	one	one	NUM
taxlaw-2799	1465	73	129	129	NUM
taxlaw-2799	1465	74	see	see	VERB
taxlaw-2799	1465	75	h.r	h.r	PROPN
taxlaw-2799	1465	76	.	.	PROPN
taxlaw-2799	1465	77	rep	rep	PROPN
taxlaw-2799	1465	78	.	.	PROPN
taxlaw-2799	1465	79	no	no	INTJ
taxlaw-2799	1465	80	.	.	NOUN
taxlaw-2799	1466	1	98	98	NUM
taxlaw-2799	1466	2	-	-	SYM
taxlaw-2799	1466	3	432	432	NUM
taxlaw-2799	1466	4	,	,	PUNCT
taxlaw-2799	1466	5	at	at	ADP
taxlaw-2799	1466	6	1646	1646	NUM
taxlaw-2799	1466	7	(	(	PUNCT
taxlaw-2799	1466	8	1984	1984	NUM
taxlaw-2799	1466	9	)	)	PUNCT
taxlaw-2799	1466	10	.	.	PUNCT
taxlaw-2799	1467	1	the	the	DET
taxlaw-2799	1467	2	notice	notice	NOUN
taxlaw-2799	1467	3	could	could	AUX
taxlaw-2799	1467	4	also	also	ADV
taxlaw-2799	1467	5	have	have	AUX
taxlaw-2799	1467	6	noted	note	VERB
taxlaw-2799	1467	7	that	that	SCONJ
taxlaw-2799	1467	8	this	this	DET
taxlaw-2799	1467	9	change	change	NOUN
taxlaw-2799	1467	10	was	be	AUX
taxlaw-2799	1467	11	a	a	DET
taxlaw-2799	1467	12	technical	technical	ADJ
taxlaw-2799	1467	13	amendment	amendment	NOUN
taxlaw-2799	1467	14	.	.	PUNCT
taxlaw-2799	1468	1	130	130	NUM
taxlaw-2799	1468	2	see	see	VERB
taxlaw-2799	1468	3	summitt	summitt	VERB
taxlaw-2799	1468	4	v.	v.	ADP
taxlaw-2799	1468	5	comm’r	comm’r	NOUN
taxlaw-2799	1468	6	,	,	PUNCT
taxlaw-2799	1468	7	no	no	INTJ
taxlaw-2799	1468	8	.	.	NOUN
taxlaw-2799	1468	9	13893	13893	NUM
taxlaw-2799	1468	10	-	-	SYM
taxlaw-2799	1468	11	07	07	NUM
taxlaw-2799	1468	12	,	,	PUNCT
taxlaw-2799	1468	13	2010	2010	NUM
taxlaw-2799	1468	14	wl	wl	NOUN
taxlaw-2799	1468	15	2010950	2010950	NUM
taxlaw-2799	1468	16	,	,	PUNCT
taxlaw-2799	1468	17	at	at	ADP
taxlaw-2799	1468	18	*	*	NUM
taxlaw-2799	1468	19	12	12	NUM
taxlaw-2799	1468	20	(	(	PUNCT
taxlaw-2799	1468	21	134	134	NUM
taxlaw-2799	1468	22	t.c	t.c	NOUN
taxlaw-2799	1468	23	.	.	PUNCT
taxlaw-2799	1469	1	no	no	INTJ
taxlaw-2799	1469	2	.	.	NOUN
taxlaw-2799	1469	3	12	12	NUM
taxlaw-2799	1469	4	,	,	PUNCT
taxlaw-2799	1469	5	may	may	AUX
taxlaw-2799	1469	6	20	20	NUM
taxlaw-2799	1469	7	,	,	PUNCT
taxlaw-2799	1469	8	2010	2010	NUM
taxlaw-2799	1469	9	)	)	PUNCT
taxlaw-2799	1469	10	.	.	PUNCT
taxlaw-2799	1470	1	131	131	NUM
taxlaw-2799	1470	2	rev	rev	X
taxlaw-2799	1470	3	.	.	PROPN
taxlaw-2799	1470	4	rul	rul	PROPN
taxlaw-2799	1470	5	.	.	PUNCT
taxlaw-2799	1471	1	87	87	NUM
taxlaw-2799	1471	2	-	-	SYM
taxlaw-2799	1471	3	43	43	NUM
taxlaw-2799	1471	4	,	,	PUNCT
taxlaw-2799	1471	5	1987	1987	NUM
taxlaw-2799	1471	6	-	-	SYM
taxlaw-2799	1471	7	1	1	NUM
taxlaw-2799	1471	8	c.b	c.b	PROPN
taxlaw-2799	1471	9	.	.	PROPN
taxlaw-2799	1471	10	252	252	NUM
taxlaw-2799	1471	11	.	.	PUNCT
taxlaw-2799	1472	1	the	the	DET
taxlaw-2799	1472	2	options	option	NOUN
taxlaw-2799	1472	3	were	be	AUX
taxlaw-2799	1472	4	“	"	PUNCT
taxlaw-2799	1472	5	nonequity	nonequity	NOUN
taxlaw-2799	1472	6	options	option	NOUN
taxlaw-2799	1472	7	”	"	PUNCT
taxlaw-2799	1472	8	of	of	ADP
taxlaw-2799	1472	9	a	a	DET
taxlaw-2799	1472	10	kind	kind	ADJ
taxlaw-2799	1472	11	subject	subject	NOUN
taxlaw-2799	1472	12	to	to	ADP
taxlaw-2799	1472	13	sections	section	NOUN
taxlaw-2799	1472	14	1256(g)(3	1256(g)(3	NUM
taxlaw-2799	1472	15	)	)	PUNCT
taxlaw-2799	1472	16	and	and	CCONJ
taxlaw-2799	1472	17	1256(g)(5	1256(g)(5	NUM
taxlaw-2799	1472	18	)	)	PUNCT
taxlaw-2799	1472	19	if	if	SCONJ
taxlaw-2799	1472	20	traded	trade	VERB
taxlaw-2799	1472	21	on	on	ADP
taxlaw-2799	1472	22	the	the	DET
taxlaw-2799	1472	23	cme	cme	PROPN
taxlaw-2799	1472	24	.	.	PUNCT
taxlaw-2799	1473	1	sections	section	NOUN
taxlaw-2799	1473	2	1256(g)(3	1256(g)(3	NUM
taxlaw-2799	1473	3	)	)	PUNCT
taxlaw-2799	1473	4	and	and	CCONJ
taxlaw-2799	1473	5	1256(g)(5	1256(g)(5	NUM
taxlaw-2799	1473	6	)	)	PUNCT
taxlaw-2799	1473	7	provide	provide	VERB
taxlaw-2799	1473	8	that	that	SCONJ
taxlaw-2799	1473	9	any	any	DET
taxlaw-2799	1473	10	option	option	NOUN
taxlaw-2799	1473	11	,	,	PUNCT
taxlaw-2799	1473	12	other	other	ADJ
taxlaw-2799	1473	13	than	than	ADP
taxlaw-2799	1473	14	a	a	DET
taxlaw-2799	1473	15	right	right	NOUN
taxlaw-2799	1473	16	to	to	PART
taxlaw-2799	1473	17	acquire	acquire	VERB
taxlaw-2799	1473	18	stock	stock	NOUN
taxlaw-2799	1473	19	from	from	ADP
taxlaw-2799	1473	20	an	an	DET
taxlaw-2799	1473	21	issuer	issuer	NOUN
taxlaw-2799	1473	22	,	,	PUNCT
taxlaw-2799	1473	23	that	that	PRON
taxlaw-2799	1473	24	is	be	AUX
taxlaw-2799	1473	25	“	"	PUNCT
taxlaw-2799	1473	26	traded	trade	VERB
taxlaw-2799	1473	27	on	on	ADP
taxlaw-2799	1473	28	or	or	CCONJ
taxlaw-2799	1473	29	subject	subject	VERB
taxlaw-2799	1473	30	to	to	ADP
taxlaw-2799	1473	31	the	the	DET
taxlaw-2799	1473	32	rules	rule	NOUN
taxlaw-2799	1473	33	of	of	ADP
taxlaw-2799	1473	34	”	"	PUNCT
taxlaw-2799	1473	35	a	a	DET
taxlaw-2799	1473	36	qualified	qualified	ADJ
taxlaw-2799	1473	37	board	board	NOUN
taxlaw-2799	1473	38	or	or	CCONJ
taxlaw-2799	1473	39	exchange	exchange	NOUN
taxlaw-2799	1473	40	is	be	AUX
taxlaw-2799	1473	41	a	a	DET
taxlaw-2799	1473	42	72	72	NUM
taxlaw-2799	1473	43	columbia	columbia	PROPN
taxlaw-2799	1473	44	jour	jour	PROPN
taxlaw-2799	1473	45	al	al	PROPN
taxlaw-2799	1473	46	of	of	ADP
taxlaw-2799	1473	47	tax	tax	NOUN
taxlaw-2799	1473	48	law	law	NOUN
taxlaw-2799	1474	1	[	[	X
taxlaw-2799	1474	2	vol	vol	NOUN
taxlaw-2799	1474	3	.	.	PUNCT
taxlaw-2799	1474	4	2:1	2:1	NUM
taxlaw-2799	1474	5	exchange	exchange	NOUN
taxlaw-2799	1474	6	and	and	CCONJ
taxlaw-2799	1474	7	transferred	transfer	VERB
taxlaw-2799	1474	8	to	to	ADP
taxlaw-2799	1474	9	the	the	DET
taxlaw-2799	1474	10	other	other	ADJ
taxlaw-2799	1474	11	exchange	exchange	NOUN
taxlaw-2799	1474	12	should	should	AUX
taxlaw-2799	1474	13	be	be	AUX
taxlaw-2799	1474	14	analyzed	analyze	VERB
taxlaw-2799	1474	15	by	by	ADP
taxlaw-2799	1474	16	reference	reference	NOUN
taxlaw-2799	1474	17	to	to	ADP
taxlaw-2799	1474	18	the	the	DET
taxlaw-2799	1474	19	second	second	ADJ
taxlaw-2799	1474	20	exchange	exchange	NOUN
taxlaw-2799	1474	21	.	.	PUNCT
taxlaw-2799	1475	1	thus	thus	ADV
taxlaw-2799	1475	2	,	,	PUNCT
taxlaw-2799	1475	3	futures	future	NOUN
taxlaw-2799	1475	4	contracts	contract	NOUN
taxlaw-2799	1475	5	executed	execute	VERB
taxlaw-2799	1475	6	on	on	ADP
taxlaw-2799	1475	7	simex	simex	NOUN
taxlaw-2799	1475	8	and	and	CCONJ
taxlaw-2799	1475	9	transferred	transfer	VERB
taxlaw-2799	1475	10	to	to	ADP
taxlaw-2799	1475	11	the	the	DET
taxlaw-2799	1475	12	cme	cme	PROPN
taxlaw-2799	1475	13	constitute	constitute	VERB
taxlaw-2799	1475	14	regulated	regulated	ADJ
taxlaw-2799	1475	15	futures	future	NOUN
taxlaw-2799	1475	16	contracts	contract	NOUN
taxlaw-2799	1475	17	,	,	PUNCT
taxlaw-2799	1475	18	and	and	CCONJ
taxlaw-2799	1475	19	futures	future	NOUN
taxlaw-2799	1475	20	contracts	contract	NOUN
taxlaw-2799	1475	21	executed	execute	VERB
taxlaw-2799	1475	22	on	on	ADP
taxlaw-2799	1475	23	the	the	DET
taxlaw-2799	1475	24	cme	cme	NOUN
taxlaw-2799	1475	25	and	and	CCONJ
taxlaw-2799	1475	26	transferred	transfer	VERB
taxlaw-2799	1475	27	to	to	ADP
taxlaw-2799	1475	28	simex	simex	NOUN
taxlaw-2799	1475	29	do	do	VERB
taxlaw-2799	1475	30	not	not	PART
taxlaw-2799	1475	31	.	.	PUNCT
taxlaw-2799	1476	1	the	the	DET
taxlaw-2799	1476	2	ruling	ruling	NOUN
taxlaw-2799	1476	3	is	be	AUX
taxlaw-2799	1476	4	based	base	VERB
taxlaw-2799	1476	5	on	on	ADP
taxlaw-2799	1476	6	the	the	DET
taxlaw-2799	1476	7	step	step	NOUN
taxlaw-2799	1476	8	transaction	transaction	NOUN
taxlaw-2799	1476	9	doctrine	doctrine	NOUN
taxlaw-2799	1476	10	.	.	PUNCT
taxlaw-2799	1477	1	because	because	SCONJ
taxlaw-2799	1477	2	a	a	DET
taxlaw-2799	1477	3	customer	customer	NOUN
taxlaw-2799	1477	4	wishing	wish	VERB
taxlaw-2799	1477	5	to	to	PART
taxlaw-2799	1477	6	enter	enter	VERB
taxlaw-2799	1477	7	into	into	ADP
taxlaw-2799	1477	8	a	a	DET
taxlaw-2799	1477	9	futures	future	NOUN
taxlaw-2799	1477	10	contract	contract	NOUN
taxlaw-2799	1477	11	that	that	PRON
taxlaw-2799	1477	12	ultimately	ultimately	ADV
taxlaw-2799	1477	13	will	will	AUX
taxlaw-2799	1477	14	be	be	AUX
taxlaw-2799	1477	15	a	a	DET
taxlaw-2799	1477	16	cme	cme	PROPN
taxlaw-2799	1477	17	futures	future	NOUN
taxlaw-2799	1477	18	contract	contract	NOUN
taxlaw-2799	1477	19	originally	originally	ADV
taxlaw-2799	1477	20	contacts	contact	VERB
taxlaw-2799	1477	21	a	a	DET
taxlaw-2799	1477	22	clearing	clearing	NOUN
taxlaw-2799	1477	23	member	member	NOUN
taxlaw-2799	1477	24	of	of	ADP
taxlaw-2799	1477	25	the	the	DET
taxlaw-2799	1477	26	cme	cme	NOUN
taxlaw-2799	1477	27	,	,	PUNCT
taxlaw-2799	1477	28	the	the	DET
taxlaw-2799	1477	29	ruling	ruling	NOUN
taxlaw-2799	1477	30	concludes	conclude	VERB
taxlaw-2799	1477	31	that	that	SCONJ
taxlaw-2799	1477	32	since	since	SCONJ
taxlaw-2799	1477	33	the	the	DET
taxlaw-2799	1477	34	first	first	ADJ
taxlaw-2799	1477	35	step	step	NOUN
taxlaw-2799	1477	36	in	in	ADP
taxlaw-2799	1477	37	the	the	DET
taxlaw-2799	1477	38	transaction	transaction	NOUN
taxlaw-2799	1477	39	and	and	CCONJ
taxlaw-2799	1477	40	the	the	DET
taxlaw-2799	1477	41	end	end	NOUN
taxlaw-2799	1477	42	result	result	NOUN
taxlaw-2799	1477	43	are	be	AUX
taxlaw-2799	1477	44	the	the	DET
taxlaw-2799	1477	45	same	same	ADJ
taxlaw-2799	1477	46	as	as	ADP
taxlaw-2799	1477	47	for	for	ADP
taxlaw-2799	1477	48	a	a	DET
taxlaw-2799	1477	49	contract	contract	NOUN
taxlaw-2799	1477	50	executed	execute	VERB
taxlaw-2799	1477	51	on	on	ADP
taxlaw-2799	1477	52	the	the	DET
taxlaw-2799	1477	53	cme	cme	NOUN
taxlaw-2799	1477	54	.	.	PUNCT
taxlaw-2799	1478	1	under	under	ADP
taxlaw-2799	1478	2	the	the	DET
taxlaw-2799	1478	3	step	step	NOUN
taxlaw-2799	1478	4	transaction	transaction	NOUN
taxlaw-2799	1478	5	doctrine	doctrine	NOUN
taxlaw-2799	1478	6	,	,	PUNCT
taxlaw-2799	1478	7	the	the	DET
taxlaw-2799	1478	8	intervening	intervene	VERB
taxlaw-2799	1478	9	steps	step	NOUN
taxlaw-2799	1478	10	should	should	AUX
taxlaw-2799	1478	11	be	be	AUX
taxlaw-2799	1478	12	ignored	ignore	VERB
taxlaw-2799	1478	13	.	.	PUNCT
taxlaw-2799	1479	1	there	there	PRON
taxlaw-2799	1479	2	is	be	VERB
taxlaw-2799	1479	3	a	a	DET
taxlaw-2799	1479	4	suggestion	suggestion	NOUN
taxlaw-2799	1479	5	in	in	ADP
taxlaw-2799	1479	6	the	the	DET
taxlaw-2799	1479	7	ruling	ruling	NOUN
taxlaw-2799	1479	8	that	that	SCONJ
taxlaw-2799	1479	9	the	the	DET
taxlaw-2799	1479	10	basis	basis	NOUN
taxlaw-2799	1479	11	for	for	ADP
taxlaw-2799	1479	12	this	this	DET
taxlaw-2799	1479	13	conclusion	conclusion	NOUN
taxlaw-2799	1479	14	is	be	AUX
taxlaw-2799	1479	15	that	that	SCONJ
taxlaw-2799	1479	16	the	the	DET
taxlaw-2799	1479	17	futures	future	NOUN
taxlaw-2799	1479	18	contract	contract	NOUN
taxlaw-2799	1479	19	is	be	AUX
taxlaw-2799	1479	20	“	"	PUNCT
taxlaw-2799	1479	21	subject	subject	ADJ
taxlaw-2799	1479	22	to	to	ADP
taxlaw-2799	1479	23	the	the	DET
taxlaw-2799	1479	24	rules	rule	NOUN
taxlaw-2799	1479	25	of	of	ADP
taxlaw-2799	1479	26	”	"	PUNCT
taxlaw-2799	1479	27	the	the	DET
taxlaw-2799	1479	28	cme	cme	PROPN
taxlaw-2799	1479	29	as	as	SCONJ
taxlaw-2799	1479	30	if	if	SCONJ
taxlaw-2799	1479	31	it	it	PRON
taxlaw-2799	1479	32	had	have	AUX
taxlaw-2799	1479	33	originally	originally	ADV
taxlaw-2799	1479	34	been	be	AUX
taxlaw-2799	1479	35	executed	execute	VERB
taxlaw-2799	1479	36	on	on	ADP
taxlaw-2799	1479	37	the	the	DET
taxlaw-2799	1479	38	cme	cme	NOUN
taxlaw-2799	1479	39	because	because	SCONJ
taxlaw-2799	1479	40	that	that	PRON
taxlaw-2799	1479	41	is	be	AUX
taxlaw-2799	1479	42	how	how	SCONJ
taxlaw-2799	1479	43	the	the	DET
taxlaw-2799	1479	44	contract	contract	NOUN
taxlaw-2799	1479	45	is	be	AUX
taxlaw-2799	1479	46	described	describe	VERB
taxlaw-2799	1479	47	in	in	ADP
taxlaw-2799	1479	48	the	the	DET
taxlaw-2799	1479	49	facts	fact	NOUN
taxlaw-2799	1479	50	,	,	PUNCT
taxlaw-2799	1479	51	but	but	CCONJ
taxlaw-2799	1479	52	the	the	DET
taxlaw-2799	1479	53	analysis	analysis	NOUN
taxlaw-2799	1479	54	part	part	NOUN
taxlaw-2799	1479	55	of	of	ADP
taxlaw-2799	1479	56	the	the	DET
taxlaw-2799	1479	57	ruling	ruling	NOUN
taxlaw-2799	1479	58	does	do	AUX
taxlaw-2799	1479	59	not	not	PART
taxlaw-2799	1479	60	make	make	VERB
taxlaw-2799	1479	61	clear	clear	ADJ
taxlaw-2799	1479	62	whether	whether	SCONJ
taxlaw-2799	1479	63	the	the	DET
taxlaw-2799	1479	64	futures	future	NOUN
taxlaw-2799	1479	65	contract	contract	NOUN
taxlaw-2799	1479	66	is	be	AUX
taxlaw-2799	1479	67	deemed	deem	VERB
taxlaw-2799	1479	68	“	"	PUNCT
taxlaw-2799	1479	69	traded	trade	VERB
taxlaw-2799	1479	70	on	on	ADP
taxlaw-2799	1479	71	”	"	PUNCT
taxlaw-2799	1479	72	the	the	DET
taxlaw-2799	1479	73	cme	cme	NOUN
taxlaw-2799	1479	74	,	,	PUNCT
taxlaw-2799	1479	75	notwithstanding	notwithstanding	ADP
taxlaw-2799	1479	76	the	the	DET
taxlaw-2799	1479	77	fact	fact	NOUN
taxlaw-2799	1479	78	that	that	SCONJ
taxlaw-2799	1479	79	it	it	PRON
taxlaw-2799	1479	80	is	be	AUX
taxlaw-2799	1479	81	actually	actually	ADV
taxlaw-2799	1479	82	executed	execute	VERB
taxlaw-2799	1479	83	on	on	ADP
taxlaw-2799	1479	84	simex	simex	NOUN
taxlaw-2799	1479	85	,	,	PUNCT
taxlaw-2799	1479	86	or	or	CCONJ
taxlaw-2799	1479	87	whether	whether	SCONJ
taxlaw-2799	1479	88	the	the	DET
taxlaw-2799	1479	89	ruling	ruling	NOUN
taxlaw-2799	1479	90	relies	rely	VERB
taxlaw-2799	1479	91	on	on	ADP
taxlaw-2799	1479	92	the	the	DET
taxlaw-2799	1479	93	“	"	PUNCT
taxlaw-2799	1479	94	subject	subject	NOUN
taxlaw-2799	1479	95	to	to	ADP
taxlaw-2799	1479	96	the	the	DET
taxlaw-2799	1479	97	rules	rule	NOUN
taxlaw-2799	1479	98	of	of	ADP
taxlaw-2799	1479	99	”	"	PUNCT
taxlaw-2799	1479	100	leg	leg	NOUN
taxlaw-2799	1479	101	of	of	ADP
taxlaw-2799	1479	102	the	the	DET
taxlaw-2799	1479	103	regulated	regulated	ADJ
taxlaw-2799	1479	104	futures	future	NOUN
taxlaw-2799	1479	105	contract	contract	NOUN
taxlaw-2799	1479	106	definition	definition	NOUN
taxlaw-2799	1479	107	.	.	PUNCT
taxlaw-2799	1480	1	the	the	DET
taxlaw-2799	1480	2	ruling	rule	VERB
taxlaw-2799	1480	3	states	state	VERB
taxlaw-2799	1480	4	that	that	SCONJ
taxlaw-2799	1480	5	in	in	ADP
taxlaw-2799	1480	6	determining	determine	VERB
taxlaw-2799	1480	7	whether	whether	SCONJ
taxlaw-2799	1480	8	the	the	DET
taxlaw-2799	1480	9	“	"	PUNCT
taxlaw-2799	1480	10	traded	trade	VERB
taxlaw-2799	1480	11	on	on	ADP
taxlaw-2799	1480	12	or	or	CCONJ
taxlaw-2799	1480	13	subject	subject	VERB
taxlaw-2799	1480	14	to	to	ADP
taxlaw-2799	1480	15	”	"	PUNCT
taxlaw-2799	1480	16	condition	condition	NOUN
taxlaw-2799	1480	17	is	be	AUX
taxlaw-2799	1480	18	satisfied	satisfied	ADJ
taxlaw-2799	1480	19	,	,	PUNCT
taxlaw-2799	1480	20	“	"	PUNCT
taxlaw-2799	1480	21	it	it	PRON
taxlaw-2799	1480	22	is	be	AUX
taxlaw-2799	1480	23	necessary	necessary	ADJ
taxlaw-2799	1480	24	to	to	PART
taxlaw-2799	1480	25	ascertain	ascertain	VERB
taxlaw-2799	1480	26	the	the	DET
taxlaw-2799	1480	27	legal	legal	ADJ
taxlaw-2799	1480	28	relationships	relationship	NOUN
taxlaw-2799	1480	29	that	that	PRON
taxlaw-2799	1480	30	exist	exist	VERB
taxlaw-2799	1480	31	between	between	ADP
taxlaw-2799	1480	32	the	the	DET
taxlaw-2799	1480	33	parties	party	NOUN
taxlaw-2799	1480	34	to	to	ADP
taxlaw-2799	1480	35	the	the	DET
taxlaw-2799	1480	36	transaction	transaction	NOUN
taxlaw-2799	1480	37	.	.	PUNCT
taxlaw-2799	1480	38	”	"	PUNCT
taxlaw-2799	1481	1	that	that	DET
taxlaw-2799	1481	2	statement	statement	NOUN
taxlaw-2799	1481	3	seems	seem	VERB
taxlaw-2799	1481	4	perfectly	perfectly	ADV
taxlaw-2799	1481	5	reasonable	reasonable	ADJ
taxlaw-2799	1481	6	.	.	PUNCT
taxlaw-2799	1482	1	the	the	DET
taxlaw-2799	1482	2	ruling	ruling	NOUN
taxlaw-2799	1482	3	goes	go	VERB
taxlaw-2799	1482	4	on	on	ADV
taxlaw-2799	1482	5	,	,	PUNCT
taxlaw-2799	1482	6	however	however	ADV
taxlaw-2799	1482	7	,	,	PUNCT
taxlaw-2799	1482	8	to	to	PART
taxlaw-2799	1482	9	describe	describe	VERB
taxlaw-2799	1482	10	“	"	PUNCT
taxlaw-2799	1482	11	the	the	DET
taxlaw-2799	1482	12	parties	party	NOUN
taxlaw-2799	1482	13	”	"	PUNCT
taxlaw-2799	1482	14	in	in	ADP
taxlaw-2799	1482	15	a	a	DET
taxlaw-2799	1482	16	way	way	NOUN
taxlaw-2799	1482	17	that	that	PRON
taxlaw-2799	1482	18	does	do	AUX
taxlaw-2799	1482	19	not	not	PART
taxlaw-2799	1482	20	shed	shed	VERB
taxlaw-2799	1482	21	much	much	ADJ
taxlaw-2799	1482	22	light	light	NOUN
taxlaw-2799	1482	23	on	on	ADP
taxlaw-2799	1482	24	larger	large	ADJ
taxlaw-2799	1482	25	issues	issue	NOUN
taxlaw-2799	1482	26	.	.	PUNCT
taxlaw-2799	1483	1	a	a	DET
taxlaw-2799	1483	2	key	key	ADJ
taxlaw-2799	1483	3	point	point	NOUN
taxlaw-2799	1483	4	in	in	ADP
taxlaw-2799	1483	5	the	the	DET
taxlaw-2799	1483	6	ruling	ruling	NOUN
taxlaw-2799	1483	7	’s	’s	PART
taxlaw-2799	1483	8	reasoning	reasoning	NOUN
taxlaw-2799	1483	9	is	be	AUX
taxlaw-2799	1483	10	a	a	DET
taxlaw-2799	1483	11	statement	statement	NOUN
taxlaw-2799	1483	12	that	that	SCONJ
taxlaw-2799	1483	13	in	in	ADP
taxlaw-2799	1483	14	a	a	DET
taxlaw-2799	1483	15	conventional	conventional	ADJ
taxlaw-2799	1483	16	cme	cme	PROPN
taxlaw-2799	1483	17	futures	future	NOUN
taxlaw-2799	1483	18	contract	contract	NOUN
taxlaw-2799	1483	19	transaction	transaction	NOUN
taxlaw-2799	1483	20	,	,	PUNCT
taxlaw-2799	1483	21	the	the	DET
taxlaw-2799	1483	22	fact	fact	NOUN
taxlaw-2799	1483	23	that	that	SCONJ
taxlaw-2799	1483	24	an	an	DET
taxlaw-2799	1483	25	exchange	exchange	NOUN
taxlaw-2799	1483	26	clearing	clearing	NOUN
taxlaw-2799	1483	27	house	house	NOUN
taxlaw-2799	1483	28	is	be	AUX
taxlaw-2799	1483	29	interposed	interpose	VERB
taxlaw-2799	1483	30	between	between	ADP
taxlaw-2799	1483	31	the	the	DET
taxlaw-2799	1483	32	original	original	ADJ
taxlaw-2799	1483	33	parties	party	NOUN
taxlaw-2799	1483	34	to	to	ADP
taxlaw-2799	1483	35	the	the	DET
taxlaw-2799	1483	36	transaction	transaction	NOUN
taxlaw-2799	1483	37	should	should	AUX
taxlaw-2799	1483	38	be	be	AUX
taxlaw-2799	1483	39	ignored	ignore	VERB
taxlaw-2799	1483	40	,	,	PUNCT
taxlaw-2799	1483	41	because	because	SCONJ
taxlaw-2799	1483	42	“	"	PUNCT
taxlaw-2799	1483	43	the	the	DET
taxlaw-2799	1483	44	legal	legal	ADJ
taxlaw-2799	1483	45	relationship	relationship	NOUN
taxlaw-2799	1483	46	between	between	ADP
taxlaw-2799	1483	47	the	the	DET
taxlaw-2799	1483	48	investor	investor	NOUN
taxlaw-2799	1483	49	and	and	CCONJ
taxlaw-2799	1483	50	the	the	DET
taxlaw-2799	1483	51	broker	broker	NOUN
taxlaw-2799	1483	52	remains	remain	VERB
taxlaw-2799	1483	53	unchanged	unchanged	ADJ
taxlaw-2799	1483	54	.	.	PUNCT
taxlaw-2799	1483	55	”	"	PUNCT
taxlaw-2799	1484	1	the	the	DET
taxlaw-2799	1484	2	meaning	meaning	NOUN
taxlaw-2799	1484	3	of	of	ADP
taxlaw-2799	1484	4	this	this	DET
taxlaw-2799	1484	5	statement	statement	NOUN
taxlaw-2799	1484	6	is	be	AUX
taxlaw-2799	1484	7	unclear	unclear	ADJ
taxlaw-2799	1484	8	,	,	PUNCT
taxlaw-2799	1484	9	particularly	particularly	ADV
taxlaw-2799	1484	10	given	give	VERB
taxlaw-2799	1484	11	the	the	DET
taxlaw-2799	1484	12	fact	fact	NOUN
taxlaw-2799	1484	13	that	that	SCONJ
taxlaw-2799	1484	14	the	the	DET
taxlaw-2799	1484	15	interposition	interposition	NOUN
taxlaw-2799	1484	16	of	of	ADP
taxlaw-2799	1484	17	the	the	DET
taxlaw-2799	1484	18	clearing	clearing	NOUN
taxlaw-2799	1484	19	house	house	NOUN
taxlaw-2799	1484	20	between	between	ADP
taxlaw-2799	1484	21	the	the	DET
taxlaw-2799	1484	22	clearing	clearing	NOUN
taxlaw-2799	1484	23	members	member	NOUN
taxlaw-2799	1484	24	has	have	AUX
taxlaw-2799	1484	25	significant	significant	ADJ
taxlaw-2799	1484	26	real	real	ADJ
taxlaw-2799	1484	27	-	-	PUNCT
taxlaw-2799	1484	28	world	world	NOUN
taxlaw-2799	1484	29	consequences	consequence	NOUN
taxlaw-2799	1484	30	.	.	PUNCT
taxlaw-2799	1485	1	it	it	PRON
taxlaw-2799	1485	2	is	be	AUX
taxlaw-2799	1485	3	also	also	ADV
taxlaw-2799	1485	4	unclear	unclear	ADJ
taxlaw-2799	1485	5	why	why	SCONJ
taxlaw-2799	1485	6	the	the	DET
taxlaw-2799	1485	7	statement	statement	NOUN
taxlaw-2799	1485	8	focuses	focus	VERB
taxlaw-2799	1485	9	on	on	ADP
taxlaw-2799	1485	10	the	the	DET
taxlaw-2799	1485	11	relationship	relationship	NOUN
taxlaw-2799	1485	12	between	between	ADP
taxlaw-2799	1485	13	the	the	DET
taxlaw-2799	1485	14	investor	investor	NOUN
taxlaw-2799	1485	15	and	and	CCONJ
taxlaw-2799	1485	16	the	the	DET
taxlaw-2799	1485	17	clearing	clearing	NOUN
taxlaw-2799	1485	18	member	member	NOUN
taxlaw-2799	1485	19	,	,	PUNCT
taxlaw-2799	1485	20	since	since	SCONJ
taxlaw-2799	1485	21	generally	generally	ADV
taxlaw-2799	1485	22	the	the	DET
taxlaw-2799	1485	23	investor	investor	NOUN
taxlaw-2799	1485	24	is	be	AUX
taxlaw-2799	1485	25	treated	treat	VERB
taxlaw-2799	1485	26	for	for	ADP
taxlaw-2799	1485	27	tax	tax	NOUN
taxlaw-2799	1485	28	purposes	purpose	NOUN
taxlaw-2799	1485	29	as	as	SCONJ
taxlaw-2799	1485	30	if	if	SCONJ
taxlaw-2799	1485	31	it	it	PRON
taxlaw-2799	1485	32	had	have	AUX
taxlaw-2799	1485	33	directly	directly	ADV
taxlaw-2799	1485	34	entered	enter	VERB
taxlaw-2799	1485	35	into	into	ADP
taxlaw-2799	1485	36	the	the	DET
taxlaw-2799	1485	37	futures	future	NOUN
taxlaw-2799	1485	38	contract	contract	NOUN
taxlaw-2799	1485	39	on	on	ADP
taxlaw-2799	1485	40	the	the	DET
taxlaw-2799	1485	41	exchange	exchange	NOUN
taxlaw-2799	1485	42	rather	rather	ADV
taxlaw-2799	1485	43	than	than	ADP
taxlaw-2799	1485	44	as	as	ADP
taxlaw-2799	1485	45	entering	enter	VERB
taxlaw-2799	1485	46	into	into	ADP
taxlaw-2799	1485	47	an	an	DET
taxlaw-2799	1485	48	independent	independent	ADJ
taxlaw-2799	1485	49	contract	contract	NOUN
taxlaw-2799	1485	50	with	with	ADP
taxlaw-2799	1485	51	the	the	DET
taxlaw-2799	1485	52	clearing	clearing	NOUN
taxlaw-2799	1485	53	member	member	NOUN
taxlaw-2799	1485	54	or	or	CCONJ
taxlaw-2799	1485	55	the	the	DET
taxlaw-2799	1485	56	clearing	clearing	NOUN
taxlaw-2799	1485	57	house.132	house.132	PRON
taxlaw-2799	1485	58	by	by	ADP
taxlaw-2799	1485	59	analogy	analogy	NOUN
taxlaw-2799	1485	60	,	,	PUNCT
taxlaw-2799	1485	61	it	it	PRON
taxlaw-2799	1485	62	would	would	AUX
taxlaw-2799	1485	63	be	be	AUX
taxlaw-2799	1485	64	rather	rather	ADV
taxlaw-2799	1485	65	section	section	NOUN
taxlaw-2799	1485	66	1256	1256	NUM
taxlaw-2799	1485	67	contract	contract	NOUN
taxlaw-2799	1485	68	as	as	ADV
taxlaw-2799	1485	69	long	long	ADV
taxlaw-2799	1485	70	as	as	SCONJ
taxlaw-2799	1485	71	it	it	PRON
taxlaw-2799	1485	72	is	be	AUX
taxlaw-2799	1485	73	not	not	PART
taxlaw-2799	1485	74	an	an	DET
taxlaw-2799	1485	75	“	"	PUNCT
taxlaw-2799	1485	76	equity	equity	NOUN
taxlaw-2799	1485	77	option	option	NOUN
taxlaw-2799	1485	78	”	"	PUNCT
taxlaw-2799	1485	79	(	(	PUNCT
taxlaw-2799	1485	80	generally	generally	ADV
taxlaw-2799	1485	81	,	,	PUNCT
taxlaw-2799	1485	82	a	a	DET
taxlaw-2799	1485	83	single	single	ADJ
taxlaw-2799	1485	84	-	-	PUNCT
taxlaw-2799	1485	85	stock	stock	NOUN
taxlaw-2799	1485	86	option	option	NOUN
taxlaw-2799	1485	87	or	or	CCONJ
taxlaw-2799	1485	88	an	an	DET
taxlaw-2799	1485	89	option	option	NOUN
taxlaw-2799	1485	90	on	on	ADP
taxlaw-2799	1485	91	a	a	DET
taxlaw-2799	1485	92	narrow	narrow	ADV
taxlaw-2799	1485	93	-	-	PUNCT
taxlaw-2799	1485	94	based	base	VERB
taxlaw-2799	1485	95	stock	stock	NOUN
taxlaw-2799	1485	96	index	index	NOUN
taxlaw-2799	1485	97	)	)	PUNCT
taxlaw-2799	1485	98	.	.	PUNCT
taxlaw-2799	1486	1	132	132	NUM
taxlaw-2799	1486	2	every	every	DET
taxlaw-2799	1486	3	other	other	ADJ
taxlaw-2799	1486	4	reference	reference	NOUN
taxlaw-2799	1486	5	to	to	ADP
taxlaw-2799	1486	6	a	a	DET
taxlaw-2799	1486	7	clearing	clearing	NOUN
taxlaw-2799	1486	8	house	house	NOUN
taxlaw-2799	1486	9	that	that	SCONJ
taxlaw-2799	1486	10	the	the	DET
taxlaw-2799	1486	11	author	author	NOUN
taxlaw-2799	1486	12	is	be	AUX
taxlaw-2799	1486	13	aware	aware	ADJ
taxlaw-2799	1486	14	of	of	ADP
taxlaw-2799	1486	15	treats	treat	NOUN
taxlaw-2799	1486	16	the	the	DET
taxlaw-2799	1486	17	clearinghouse	clearinghouse	NOUN
taxlaw-2799	1486	18	as	as	ADP
taxlaw-2799	1486	19	a	a	DET
taxlaw-2799	1486	20	mere	mere	ADJ
taxlaw-2799	1486	21	intermediary	intermediary	NOUN
taxlaw-2799	1486	22	or	or	CCONJ
taxlaw-2799	1486	23	guarantor	guarantor	NOUN
taxlaw-2799	1486	24	.	.	PUNCT
taxlaw-2799	1487	1	see	see	VERB
taxlaw-2799	1487	2	rev	rev	PROPN
taxlaw-2799	1487	3	.	.	PROPN
taxlaw-2799	1487	4	rul	rul	PROPN
taxlaw-2799	1487	5	.	.	PUNCT
taxlaw-2799	1487	6	85	85	NUM
taxlaw-2799	1487	7	-	-	SYM
taxlaw-2799	1487	8	158	158	NUM
taxlaw-2799	1487	9	,	,	PUNCT
taxlaw-2799	1487	10	1958	1958	NUM
taxlaw-2799	1487	11	-	-	SYM
taxlaw-2799	1487	12	2	2	NUM
taxlaw-2799	1487	13	c.b	c.b	PROPN
taxlaw-2799	1487	14	.	.	PROPN
taxlaw-2799	1487	15	175	175	NUM
taxlaw-2799	1487	16	(	(	PUNCT
taxlaw-2799	1487	17	clearing	clear	VERB
taxlaw-2799	1487	18	corporation	corporation	NOUN
taxlaw-2799	1487	19	guarantees	guarantee	VERB
taxlaw-2799	1487	20	payment	payment	NOUN
taxlaw-2799	1487	21	)	)	PUNCT
taxlaw-2799	1487	22	;	;	PUNCT
taxlaw-2799	1488	1	i.r.s	i.r.s	PROPN
taxlaw-2799	1488	2	.	.	PUNCT
taxlaw-2799	1489	1	priv	priv	PROPN
taxlaw-2799	1489	2	.	.	PUNCT
taxlaw-2799	1490	1	ltr	ltr	PROPN
taxlaw-2799	1490	2	.	.	PUNCT
taxlaw-2799	1491	1	rul	rul	PROPN
taxlaw-2799	1491	2	.	.	PUNCT
taxlaw-2799	1492	1	88	88	NUM
taxlaw-2799	1492	2	-	-	SYM
taxlaw-2799	1492	3	11	11	NUM
taxlaw-2799	1492	4	-	-	PUNCT
taxlaw-2799	1492	5	053	053	NUM
taxlaw-2799	1492	6	(	(	PUNCT
taxlaw-2799	1492	7	dec	dec	PROPN
taxlaw-2799	1492	8	.	.	PROPN
taxlaw-2799	1492	9	22	22	NUM
taxlaw-2799	1492	10	,	,	PUNCT
taxlaw-2799	1492	11	1987	1987	NUM
taxlaw-2799	1492	12	)	)	PUNCT
taxlaw-2799	1492	13	(	(	PUNCT
taxlaw-2799	1492	14	clearing	clear	VERB
taxlaw-2799	1492	15	organization	organization	NOUN
taxlaw-2799	1492	16	plays	play	VERB
taxlaw-2799	1492	17	role	role	NOUN
taxlaw-2799	1492	18	of	of	ADP
taxlaw-2799	1492	19	intermediary	intermediary	NOUN
taxlaw-2799	1492	20	)	)	PUNCT
taxlaw-2799	1492	21	,	,	PUNCT
taxlaw-2799	1492	22	i.r.s	i.r.s	NOUN
taxlaw-2799	1492	23	.	.	PUNCT
taxlaw-2799	1493	1	priv	priv	PROPN
taxlaw-2799	1493	2	.	.	PUNCT
taxlaw-2799	1494	1	ltr	ltr	PROPN
taxlaw-2799	1494	2	.	.	PUNCT
taxlaw-2799	1494	3	rul	rul	PROPN
taxlaw-2799	1494	4	.	.	PUNCT
taxlaw-2799	1495	1	87	87	NUM
taxlaw-2799	1495	2	-	-	SYM
taxlaw-2799	1495	3	18	18	NUM
taxlaw-2799	1495	4	-	-	SYM
taxlaw-2799	1495	5	008	008	NUM
taxlaw-2799	1495	6	(	(	PUNCT
taxlaw-2799	1495	7	jan	jan	PROPN
taxlaw-2799	1495	8	.	.	PROPN
taxlaw-2799	1495	9	14	14	NUM
taxlaw-2799	1495	10	,	,	PUNCT
taxlaw-2799	1495	11	1987	1987	NUM
taxlaw-2799	1495	12	)	)	PUNCT
taxlaw-2799	1495	13	(	(	PUNCT
taxlaw-2799	1495	14	refers	refer	VERB
taxlaw-2799	1495	15	to	to	ADP
taxlaw-2799	1495	16	options	option	NOUN
taxlaw-2799	1495	17	clearing	clearing	NOUN
taxlaw-2799	1495	18	corporation	corporation	NOUN
taxlaw-2799	1495	19	as	as	ADP
taxlaw-2799	1495	20	guaranteeing	guarantee	VERB
taxlaw-2799	1495	21	options	option	NOUN
taxlaw-2799	1495	22	,	,	PUNCT
taxlaw-2799	1495	23	and	and	CCONJ
taxlaw-2799	1495	24	treats	treat	VERB
taxlaw-2799	1495	25	stock	stock	NOUN
taxlaw-2799	1495	26	index	index	NOUN
taxlaw-2799	1495	27	options	option	NOUN
taxlaw-2799	1495	28	as	as	ADP
taxlaw-2799	1495	29	having	have	VERB
taxlaw-2799	1495	30	no	no	DET
taxlaw-2799	1495	31	issuer	issuer	NOUN
taxlaw-2799	1495	32	)	)	PUNCT
taxlaw-2799	1495	33	,	,	PUNCT
taxlaw-2799	1495	34	i.r.s	i.r.s	NOUN
taxlaw-2799	1495	35	.	.	PUNCT
taxlaw-2799	1496	1	priv	priv	PROPN
taxlaw-2799	1496	2	.	.	PUNCT
taxlaw-2799	1497	1	ltr	ltr	PROPN
taxlaw-2799	1497	2	.	.	PUNCT
taxlaw-2799	1497	3	rul	rul	PROPN
taxlaw-2799	1497	4	.	.	PUNCT
taxlaw-2799	1498	1	83	83	NUM
taxlaw-2799	1498	2	-	-	SYM
taxlaw-2799	1498	3	28	28	NUM
taxlaw-2799	1498	4	-	-	SYM
taxlaw-2799	1498	5	005	005	NUM
taxlaw-2799	1498	6	(	(	PUNCT
taxlaw-2799	1498	7	mar	mar	PROPN
taxlaw-2799	1498	8	.	.	PROPN
taxlaw-2799	1498	9	23	23	NUM
taxlaw-2799	1498	10	,	,	PUNCT
taxlaw-2799	1498	11	1983	1983	NUM
taxlaw-2799	1498	12	)	)	PUNCT
taxlaw-2799	1498	13	(	(	PUNCT
taxlaw-2799	1498	14	assumes	assume	VERB
taxlaw-2799	1498	15	that	that	SCONJ
taxlaw-2799	1498	16	clearing	clear	VERB
taxlaw-2799	1498	17	house	house	NOUN
taxlaw-2799	1498	18	links	link	NOUN
taxlaw-2799	1498	19	buyers	buyer	NOUN
taxlaw-2799	1498	20	and	and	CCONJ
taxlaw-2799	1498	21	sellers	seller	NOUN
taxlaw-2799	1498	22	)	)	PUNCT
taxlaw-2799	1498	23	,	,	PUNCT
taxlaw-2799	1498	24	i.r.s	i.r.s	PROPN
taxlaw-2799	1498	25	.	.	PUNCT
taxlaw-2799	1499	1	gen	gen	PROPN
taxlaw-2799	1499	2	.	.	PROPN
taxlaw-2799	1499	3	couns	couns	PROPN
taxlaw-2799	1499	4	.	.	PUNCT
taxlaw-2799	1500	1	mem	mem	PROPN
taxlaw-2799	1500	2	.	.	PROPN
taxlaw-2799	1501	1	37,233	37,233	NUM
taxlaw-2799	1501	2	(	(	PUNCT
taxlaw-2799	1501	3	aug	aug	PROPN
taxlaw-2799	1501	4	.	.	PROPN
taxlaw-2799	1501	5	25	25	NUM
taxlaw-2799	1501	6	,	,	PUNCT
taxlaw-2799	1501	7	1977	1977	NUM
taxlaw-2799	1501	8	)	)	PUNCT
taxlaw-2799	1501	9	(	(	PUNCT
taxlaw-2799	1501	10	treats	treat	VERB
taxlaw-2799	1501	11	clearing	clear	VERB
taxlaw-2799	1501	12	organization	organization	NOUN
taxlaw-2799	1501	13	as	as	ADP
taxlaw-2799	1501	14	merely	merely	ADV
taxlaw-2799	1501	15	a	a	DET
taxlaw-2799	1501	16	mechanism	mechanism	NOUN
taxlaw-2799	1501	17	to	to	PART
taxlaw-2799	1501	18	link	link	VERB
taxlaw-2799	1501	19	buyers	buyer	NOUN
taxlaw-2799	1501	20	and	and	CCONJ
taxlaw-2799	1501	21	sellers	seller	NOUN
taxlaw-2799	1501	22	,	,	PUNCT
taxlaw-2799	1501	23	and	and	CCONJ
taxlaw-2799	1501	24	not	not	PART
taxlaw-2799	1501	25	as	as	ADP
taxlaw-2799	1501	26	a	a	DET
taxlaw-2799	1501	27	real	real	ADJ
taxlaw-2799	1501	28	party	party	NOUN
taxlaw-2799	1501	29	to	to	ADP
taxlaw-2799	1501	30	a	a	DET
taxlaw-2799	1501	31	cleared	clear	VERB
taxlaw-2799	1501	32	listed	list	VERB
taxlaw-2799	1501	33	option	option	NOUN
taxlaw-2799	1501	34	)	)	PUNCT
taxlaw-2799	1501	35	;	;	PUNCT
taxlaw-2799	1501	36	cf	cf	X
taxlaw-2799	1501	37	.	.	PUNCT
taxlaw-2799	1502	1	treas	treas	PROPN
taxlaw-2799	1502	2	.	.	PUNCT
taxlaw-2799	1503	1	reg	reg	PROPN
taxlaw-2799	1503	2	.	.	PUNCT
taxlaw-2799	1504	1	§	§	PROPN
taxlaw-2799	1504	2	1.6045	1.6045	NUM
taxlaw-2799	1504	3	-	-	SYM
taxlaw-2799	1504	4	1(b	1(b	NUM
taxlaw-2799	1504	5	)	)	PUNCT
taxlaw-2799	1504	6	(	(	PUNCT
taxlaw-2799	1504	7	example	example	NOUN
taxlaw-2799	1504	8	2	2	NUM
taxlaw-2799	1504	9	)	)	PUNCT
taxlaw-2799	1504	10	(	(	PUNCT
taxlaw-2799	1504	11	2006	2006	NUM
taxlaw-2799	1504	12	)	)	PUNCT
taxlaw-2799	1504	13	(	(	PUNCT
taxlaw-2799	1504	14	generally	generally	ADV
taxlaw-2799	1504	15	excluding	exclude	VERB
taxlaw-2799	1504	16	clearing	clearing	NOUN
taxlaw-2799	1504	17	houses	house	NOUN
taxlaw-2799	1504	18	from	from	ADP
taxlaw-2799	1504	19	treatment	treatment	NOUN
taxlaw-2799	1504	20	as	as	ADP
taxlaw-2799	1504	21	a	a	DET
taxlaw-2799	1504	22	broker	broker	NOUN
taxlaw-2799	1504	23	)	)	PUNCT
taxlaw-2799	1504	24	.	.	PUNCT
taxlaw-2799	1505	1	it	it	PRON
taxlaw-2799	1505	2	is	be	AUX
taxlaw-2799	1505	3	also	also	ADV
taxlaw-2799	1505	4	our	our	PRON
taxlaw-2799	1505	5	2011	2011	NUM
taxlaw-2799	1505	6	]	]	X
taxlaw-2799	1505	7	ew	ew	AUX
taxlaw-2799	1505	8	tax	tax	NOUN
taxlaw-2799	1505	9	issues	issue	NOUN
taxlaw-2799	1505	10	arisi	arisi	VERB
taxlaw-2799	1505	11	g	g	PROPN
taxlaw-2799	1505	12	from	from	ADP
taxlaw-2799	1505	13	the	the	DET
taxlaw-2799	1505	14	dodd	dodd	NOUN
taxlaw-2799	1505	15	-	-	PUNCT
taxlaw-2799	1505	16	fra	fra	PROPN
taxlaw-2799	1505	17	k	k	PROPN
taxlaw-2799	1505	18	act	act	VERB
taxlaw-2799	1505	19	73	73	NUM
taxlaw-2799	1505	20	unusual	unusual	ADJ
taxlaw-2799	1505	21	to	to	PART
taxlaw-2799	1505	22	give	give	VERB
taxlaw-2799	1505	23	controlling	control	VERB
taxlaw-2799	1505	24	weight	weight	NOUN
taxlaw-2799	1505	25	to	to	ADP
taxlaw-2799	1505	26	the	the	DET
taxlaw-2799	1505	27	taxpayer	taxpayer	NOUN
taxlaw-2799	1505	28	’s	’s	PART
taxlaw-2799	1505	29	relationship	relationship	NOUN
taxlaw-2799	1505	30	with	with	ADP
taxlaw-2799	1505	31	its	its	PRON
taxlaw-2799	1505	32	broker	broker	NOUN
taxlaw-2799	1505	33	if	if	SCONJ
taxlaw-2799	1505	34	one	one	NUM
taxlaw-2799	1505	35	were	be	AUX
taxlaw-2799	1505	36	analyzing	analyze	VERB
taxlaw-2799	1505	37	the	the	DET
taxlaw-2799	1505	38	effects	effect	NOUN
taxlaw-2799	1505	39	of	of	ADP
taxlaw-2799	1505	40	a	a	DET
taxlaw-2799	1505	41	purchase	purchase	NOUN
taxlaw-2799	1505	42	of	of	ADP
taxlaw-2799	1505	43	exchange	exchange	NOUN
taxlaw-2799	1505	44	-	-	PUNCT
taxlaw-2799	1505	45	traded	trade	VERB
taxlaw-2799	1505	46	stock	stock	NOUN
taxlaw-2799	1505	47	,	,	PUNCT
taxlaw-2799	1505	48	except	except	SCONJ
taxlaw-2799	1505	49	in	in	ADP
taxlaw-2799	1505	50	highly	highly	ADV
taxlaw-2799	1505	51	unusual	unusual	ADJ
taxlaw-2799	1505	52	circumstances	circumstance	NOUN
taxlaw-2799	1505	53	.	.	PUNCT
taxlaw-2799	1506	1	it	it	PRON
taxlaw-2799	1506	2	is	be	AUX
taxlaw-2799	1506	3	possible	possible	ADJ
taxlaw-2799	1506	4	that	that	SCONJ
taxlaw-2799	1506	5	the	the	DET
taxlaw-2799	1506	6	statement	statement	NOUN
taxlaw-2799	1506	7	is	be	AUX
taxlaw-2799	1506	8	simply	simply	ADV
taxlaw-2799	1506	9	intended	intend	VERB
taxlaw-2799	1506	10	to	to	PART
taxlaw-2799	1506	11	convey	convey	VERB
taxlaw-2799	1506	12	that	that	PRON
taxlaw-2799	1506	13	for	for	ADP
taxlaw-2799	1506	14	tax	tax	NOUN
taxlaw-2799	1506	15	purposes	purpose	NOUN
taxlaw-2799	1506	16	the	the	DET
taxlaw-2799	1506	17	pre	pre	NOUN
taxlaw-2799	1506	18	-	-	ADJ
taxlaw-2799	1506	19	clearing	clearing	ADJ
taxlaw-2799	1506	20	and	and	CCONJ
taxlaw-2799	1506	21	post	post	ADJ
taxlaw-2799	1506	22	-	-	ADJ
taxlaw-2799	1506	23	clearing	clearing	ADJ
taxlaw-2799	1506	24	arrangements	arrangement	NOUN
taxlaw-2799	1506	25	should	should	AUX
taxlaw-2799	1506	26	not	not	PART
taxlaw-2799	1506	27	be	be	AUX
taxlaw-2799	1506	28	treated	treat	VERB
taxlaw-2799	1506	29	as	as	ADP
taxlaw-2799	1506	30	two	two	NUM
taxlaw-2799	1506	31	separate	separate	ADJ
taxlaw-2799	1506	32	contracts	contract	NOUN
taxlaw-2799	1506	33	,	,	PUNCT
taxlaw-2799	1506	34	and	and	CCONJ
taxlaw-2799	1506	35	that	that	SCONJ
taxlaw-2799	1506	36	the	the	DET
taxlaw-2799	1506	37	pre	pre	ADJ
taxlaw-2799	1506	38	-	-	ADJ
taxlaw-2799	1506	39	clearing	clearing	ADJ
taxlaw-2799	1506	40	contract	contract	NOUN
taxlaw-2799	1506	41	should	should	AUX
taxlaw-2799	1506	42	instead	instead	ADV
taxlaw-2799	1506	43	be	be	AUX
taxlaw-2799	1506	44	viewed	view	VERB
taxlaw-2799	1506	45	as	as	ADP
taxlaw-2799	1506	46	a	a	DET
taxlaw-2799	1506	47	temporary	temporary	ADJ
taxlaw-2799	1506	48	state	state	NOUN
taxlaw-2799	1506	49	of	of	ADP
taxlaw-2799	1506	50	affairs	affair	NOUN
taxlaw-2799	1506	51	that	that	PRON
taxlaw-2799	1506	52	has	have	VERB
taxlaw-2799	1506	53	no	no	DET
taxlaw-2799	1506	54	independent	independent	ADJ
taxlaw-2799	1506	55	significance	significance	NOUN
taxlaw-2799	1506	56	in	in	ADP
taxlaw-2799	1506	57	analyzing	analyze	VERB
taxlaw-2799	1506	58	the	the	DET
taxlaw-2799	1506	59	overall	overall	ADJ
taxlaw-2799	1506	60	transaction.133	transaction.133	NOUN
taxlaw-2799	1506	61	the	the	DET
taxlaw-2799	1506	62	ruling	ruling	NOUN
taxlaw-2799	1506	63	seems	seem	VERB
taxlaw-2799	1506	64	to	to	PART
taxlaw-2799	1506	65	view	view	VERB
taxlaw-2799	1506	66	the	the	DET
taxlaw-2799	1506	67	“	"	PUNCT
taxlaw-2799	1506	68	original	original	ADJ
taxlaw-2799	1506	69	parties	party	NOUN
taxlaw-2799	1506	70	”	"	PUNCT
taxlaw-2799	1506	71	to	to	ADP
taxlaw-2799	1506	72	the	the	DET
taxlaw-2799	1506	73	transaction	transaction	NOUN
taxlaw-2799	1506	74	as	as	ADP
taxlaw-2799	1506	75	the	the	DET
taxlaw-2799	1506	76	two	two	NUM
taxlaw-2799	1506	77	clearing	clearing	NOUN
taxlaw-2799	1506	78	members	member	NOUN
taxlaw-2799	1506	79	,	,	PUNCT
taxlaw-2799	1506	80	however	however	ADV
taxlaw-2799	1506	81	,	,	PUNCT
taxlaw-2799	1506	82	which	which	PRON
taxlaw-2799	1506	83	would	would	AUX
taxlaw-2799	1506	84	suggest	suggest	VERB
taxlaw-2799	1506	85	the	the	DET
taxlaw-2799	1506	86	reverse	reverse	NOUN
taxlaw-2799	1506	87	,	,	PUNCT
taxlaw-2799	1506	88	namely	namely	ADV
taxlaw-2799	1506	89	that	that	SCONJ
taxlaw-2799	1506	90	it	it	PRON
taxlaw-2799	1506	91	is	be	AUX
taxlaw-2799	1506	92	the	the	DET
taxlaw-2799	1506	93	first	first	ADJ
taxlaw-2799	1506	94	step	step	NOUN
taxlaw-2799	1506	95	rather	rather	ADV
taxlaw-2799	1506	96	than	than	ADP
taxlaw-2799	1506	97	the	the	DET
taxlaw-2799	1506	98	ultimate	ultimate	ADJ
taxlaw-2799	1506	99	result	result	NOUN
taxlaw-2799	1506	100	that	that	SCONJ
taxlaw-2799	1506	101	determines	determine	VERB
taxlaw-2799	1506	102	whether	whether	SCONJ
taxlaw-2799	1506	103	the	the	DET
taxlaw-2799	1506	104	transaction	transaction	NOUN
taxlaw-2799	1506	105	is	be	AUX
taxlaw-2799	1506	106	within	within	ADP
taxlaw-2799	1506	107	the	the	DET
taxlaw-2799	1506	108	scope	scope	NOUN
taxlaw-2799	1506	109	of	of	ADP
taxlaw-2799	1506	110	§	§	PROPN
taxlaw-2799	1506	111	1256	1256	NUM
taxlaw-2799	1506	112	.	.	PUNCT
taxlaw-2799	1507	1	again	again	ADV
taxlaw-2799	1507	2	,	,	PUNCT
taxlaw-2799	1507	3	it	it	PRON
taxlaw-2799	1507	4	is	be	AUX
taxlaw-2799	1507	5	hard	hard	ADJ
taxlaw-2799	1507	6	to	to	PART
taxlaw-2799	1507	7	square	square	ADJ
taxlaw-2799	1507	8	treating	treat	VERB
taxlaw-2799	1507	9	the	the	DET
taxlaw-2799	1507	10	clearing	clearing	NOUN
taxlaw-2799	1507	11	house	house	NOUN
taxlaw-2799	1507	12	members	member	NOUN
taxlaw-2799	1507	13	as	as	ADP
taxlaw-2799	1507	14	the	the	DET
taxlaw-2799	1507	15	true	true	ADJ
taxlaw-2799	1507	16	parties	party	NOUN
taxlaw-2799	1507	17	to	to	ADP
taxlaw-2799	1507	18	the	the	DET
taxlaw-2799	1507	19	transaction	transaction	NOUN
taxlaw-2799	1507	20	with	with	ADP
taxlaw-2799	1507	21	the	the	DET
taxlaw-2799	1507	22	tax	tax	NOUN
taxlaw-2799	1507	23	law	law	NOUN
taxlaw-2799	1507	24	’s	’s	PART
taxlaw-2799	1507	25	treatment	treatment	NOUN
taxlaw-2799	1507	26	of	of	ADP
taxlaw-2799	1507	27	the	the	DET
taxlaw-2799	1507	28	investor	investor	NOUN
taxlaw-2799	1507	29	as	as	ADP
taxlaw-2799	1507	30	the	the	DET
taxlaw-2799	1507	31	party	party	NOUN
taxlaw-2799	1507	32	that	that	PRON
taxlaw-2799	1507	33	enters	enter	VERB
taxlaw-2799	1507	34	into	into	ADP
taxlaw-2799	1507	35	the	the	DET
taxlaw-2799	1507	36	futures	future	NOUN
taxlaw-2799	1507	37	contract	contract	NOUN
taxlaw-2799	1507	38	.	.	PUNCT
taxlaw-2799	1508	1	like	like	ADP
taxlaw-2799	1508	2	other	other	ADJ
taxlaw-2799	1508	3	§	§	PROPN
taxlaw-2799	1508	4	1256	1256	NUM
taxlaw-2799	1508	5	rulings	ruling	NOUN
taxlaw-2799	1508	6	,	,	PUNCT
taxlaw-2799	1508	7	therefore	therefore	ADV
taxlaw-2799	1508	8	,	,	PUNCT
taxlaw-2799	1508	9	the	the	DET
taxlaw-2799	1508	10	ruling	ruling	NOUN
taxlaw-2799	1508	11	appears	appear	VERB
taxlaw-2799	1508	12	to	to	PART
taxlaw-2799	1508	13	reach	reach	VERB
taxlaw-2799	1508	14	the	the	DET
taxlaw-2799	1508	15	“	"	PUNCT
taxlaw-2799	1508	16	right	right	ADJ
taxlaw-2799	1508	17	”	"	PUNCT
taxlaw-2799	1508	18	result	result	NOUN
taxlaw-2799	1508	19	through	through	ADP
taxlaw-2799	1508	20	technical	technical	ADJ
taxlaw-2799	1508	21	reasoning	reasoning	NOUN
taxlaw-2799	1508	22	that	that	PRON
taxlaw-2799	1508	23	does	do	AUX
taxlaw-2799	1508	24	not	not	PART
taxlaw-2799	1508	25	provide	provide	VERB
taxlaw-2799	1508	26	a	a	DET
taxlaw-2799	1508	27	basis	basis	NOUN
taxlaw-2799	1508	28	for	for	ADP
taxlaw-2799	1508	29	drawing	draw	VERB
taxlaw-2799	1508	30	conclusions	conclusion	NOUN
taxlaw-2799	1508	31	with	with	ADP
taxlaw-2799	1508	32	respect	respect	NOUN
taxlaw-2799	1508	33	to	to	ADP
taxlaw-2799	1508	34	other	other	ADJ
taxlaw-2799	1508	35	types	type	NOUN
taxlaw-2799	1508	36	of	of	ADP
taxlaw-2799	1508	37	contracts	contract	NOUN
taxlaw-2799	1508	38	or	or	CCONJ
taxlaw-2799	1508	39	transactions	transaction	NOUN
taxlaw-2799	1508	40	.	.	PUNCT
taxlaw-2799	1509	1	the	the	DET
taxlaw-2799	1509	2	best	good	ADJ
taxlaw-2799	1509	3	explanation	explanation	NOUN
taxlaw-2799	1509	4	of	of	ADP
taxlaw-2799	1509	5	the	the	DET
taxlaw-2799	1509	6	ruling	ruling	NOUN
taxlaw-2799	1509	7	’s	’s	PART
taxlaw-2799	1509	8	conclusion	conclusion	NOUN
taxlaw-2799	1509	9	may	may	AUX
taxlaw-2799	1509	10	simply	simply	ADV
taxlaw-2799	1509	11	be	be	AUX
taxlaw-2799	1509	12	the	the	DET
taxlaw-2799	1509	13	common	common	ADJ
taxlaw-2799	1509	14	sense	sense	NOUN
taxlaw-2799	1509	15	observation	observation	NOUN
taxlaw-2799	1509	16	that	that	SCONJ
taxlaw-2799	1509	17	all	all	DET
taxlaw-2799	1509	18	cme	cme	PROPN
taxlaw-2799	1509	19	futures	future	NOUN
taxlaw-2799	1509	20	contracts	contract	NOUN
taxlaw-2799	1509	21	should	should	AUX
taxlaw-2799	1509	22	be	be	AUX
taxlaw-2799	1509	23	treated	treat	VERB
taxlaw-2799	1509	24	in	in	ADP
taxlaw-2799	1509	25	the	the	DET
taxlaw-2799	1509	26	same	same	ADJ
taxlaw-2799	1509	27	way	way	NOUN
taxlaw-2799	1509	28	regardless	regardless	ADV
taxlaw-2799	1509	29	of	of	ADP
taxlaw-2799	1509	30	whether	whether	SCONJ
taxlaw-2799	1509	31	they	they	PRON
taxlaw-2799	1509	32	were	be	AUX
taxlaw-2799	1509	33	executed	execute	VERB
taxlaw-2799	1509	34	on	on	ADP
taxlaw-2799	1509	35	or	or	CCONJ
taxlaw-2799	1509	36	off	off	ADP
taxlaw-2799	1509	37	the	the	DET
taxlaw-2799	1509	38	cme	cme	NOUN
taxlaw-2799	1509	39	.	.	PUNCT
taxlaw-2799	1510	1	this	this	PRON
taxlaw-2799	1510	2	is	be	AUX
taxlaw-2799	1510	3	a	a	DET
taxlaw-2799	1510	4	less	less	ADV
taxlaw-2799	1510	5	formal	formal	ADJ
taxlaw-2799	1510	6	way	way	NOUN
taxlaw-2799	1510	7	of	of	ADP
taxlaw-2799	1510	8	expressing	express	VERB
taxlaw-2799	1510	9	the	the	DET
taxlaw-2799	1510	10	step	step	NOUN
taxlaw-2799	1510	11	transaction	transaction	NOUN
taxlaw-2799	1510	12	doctrine	doctrine	NOUN
taxlaw-2799	1510	13	.	.	PUNCT
taxlaw-2799	1511	1	a	a	DET
taxlaw-2799	1511	2	field	field	NOUN
taxlaw-2799	1511	3	service	service	NOUN
taxlaw-2799	1511	4	advice	advice	NOUN
taxlaw-2799	1511	5	issued	issue	VERB
taxlaw-2799	1511	6	in	in	ADP
taxlaw-2799	1511	7	2000	2000	NUM
taxlaw-2799	1511	8	discusses	discuss	VERB
taxlaw-2799	1511	9	the	the	DET
taxlaw-2799	1511	10	meaning	meaning	NOUN
taxlaw-2799	1511	11	of	of	ADP
taxlaw-2799	1511	12	both	both	CCONJ
taxlaw-2799	1511	13	the	the	DET
taxlaw-2799	1511	14	terms	term	NOUN
taxlaw-2799	1511	15	“	"	PUNCT
taxlaw-2799	1511	16	regulated	regulated	ADJ
taxlaw-2799	1511	17	futures	future	NOUN
taxlaw-2799	1511	18	contract	contract	NOUN
taxlaw-2799	1511	19	”	"	PUNCT
taxlaw-2799	1511	20	and	and	CCONJ
taxlaw-2799	1511	21	“	"	PUNCT
taxlaw-2799	1511	22	foreign	foreign	ADJ
taxlaw-2799	1511	23	currency	currency	NOUN
taxlaw-2799	1511	24	contract	contract	NOUN
taxlaw-2799	1511	25	.	.	PUNCT
taxlaw-2799	1511	26	”134	”134	PUNCT
taxlaw-2799	1512	1	unfortunately	unfortunately	ADV
taxlaw-2799	1512	2	,	,	PUNCT
taxlaw-2799	1512	3	the	the	DET
taxlaw-2799	1512	4	fsa	fsa	PROPN
taxlaw-2799	1512	5	does	do	AUX
taxlaw-2799	1512	6	not	not	PART
taxlaw-2799	1512	7	describe	describe	VERB
taxlaw-2799	1512	8	the	the	DET
taxlaw-2799	1512	9	actual	actual	ADJ
taxlaw-2799	1512	10	transactions	transaction	NOUN
taxlaw-2799	1512	11	carried	carry	VERB
taxlaw-2799	1512	12	out	out	ADP
taxlaw-2799	1512	13	by	by	ADP
taxlaw-2799	1512	14	the	the	DET
taxlaw-2799	1512	15	taxpayer	taxpayer	NOUN
taxlaw-2799	1512	16	,	,	PUNCT
taxlaw-2799	1512	17	except	except	SCONJ
taxlaw-2799	1512	18	to	to	PART
taxlaw-2799	1512	19	say	say	VERB
taxlaw-2799	1512	20	that	that	SCONJ
taxlaw-2799	1512	21	they	they	PRON
taxlaw-2799	1512	22	were	be	AUX
taxlaw-2799	1512	23	foreign	foreign	ADJ
taxlaw-2799	1512	24	currency	currency	NOUN
taxlaw-2799	1512	25	contracts	contract	NOUN
taxlaw-2799	1512	26	in	in	ADP
taxlaw-2799	1512	27	the	the	DET
taxlaw-2799	1512	28	colloquial	colloquial	ADJ
taxlaw-2799	1512	29	sense	sense	NOUN
taxlaw-2799	1512	30	.	.	PUNCT
taxlaw-2799	1513	1	the	the	DET
taxlaw-2799	1513	2	fsa	fsa	PROPN
taxlaw-2799	1513	3	also	also	ADV
taxlaw-2799	1513	4	appears	appear	VERB
taxlaw-2799	1513	5	to	to	PART
taxlaw-2799	1513	6	use	use	VERB
taxlaw-2799	1513	7	the	the	DET
taxlaw-2799	1513	8	term	term	NOUN
taxlaw-2799	1513	9	“	"	PUNCT
taxlaw-2799	1513	10	futures	future	NOUN
taxlaw-2799	1513	11	contract	contract	NOUN
taxlaw-2799	1513	12	”	"	PUNCT
taxlaw-2799	1513	13	to	to	PART
taxlaw-2799	1513	14	include	include	VERB
taxlaw-2799	1513	15	what	what	PRON
taxlaw-2799	1513	16	many	many	ADJ
taxlaw-2799	1513	17	people	people	NOUN
taxlaw-2799	1513	18	would	would	AUX
taxlaw-2799	1513	19	refer	refer	VERB
taxlaw-2799	1513	20	to	to	ADP
taxlaw-2799	1513	21	as	as	ADP
taxlaw-2799	1513	22	a	a	DET
taxlaw-2799	1513	23	forward	forward	ADJ
taxlaw-2799	1513	24	contract	contract	NOUN
taxlaw-2799	1513	25	,	,	PUNCT
taxlaw-2799	1513	26	which	which	PRON
taxlaw-2799	1513	27	does	do	AUX
taxlaw-2799	1513	28	not	not	PART
taxlaw-2799	1513	29	add	add	VERB
taxlaw-2799	1513	30	to	to	ADP
taxlaw-2799	1513	31	its	its	PRON
taxlaw-2799	1513	32	clarity	clarity	NOUN
taxlaw-2799	1513	33	.	.	PUNCT
taxlaw-2799	1514	1	in	in	ADP
taxlaw-2799	1514	2	any	any	DET
taxlaw-2799	1514	3	event	event	NOUN
taxlaw-2799	1514	4	,	,	PUNCT
taxlaw-2799	1514	5	the	the	DET
taxlaw-2799	1514	6	fsa	fsa	PROPN
taxlaw-2799	1514	7	appears	appear	VERB
taxlaw-2799	1514	8	to	to	PART
taxlaw-2799	1514	9	take	take	VERB
taxlaw-2799	1514	10	the	the	DET
taxlaw-2799	1514	11	position	position	NOUN
taxlaw-2799	1514	12	that	that	SCONJ
taxlaw-2799	1514	13	only	only	ADV
taxlaw-2799	1514	14	a	a	DET
taxlaw-2799	1514	15	“	"	PUNCT
taxlaw-2799	1514	16	futures	future	NOUN
taxlaw-2799	1514	17	contract	contract	NOUN
taxlaw-2799	1514	18	”	"	PUNCT
taxlaw-2799	1514	19	can	can	AUX
taxlaw-2799	1514	20	qualify	qualify	VERB
taxlaw-2799	1514	21	as	as	ADP
taxlaw-2799	1514	22	a	a	DET
taxlaw-2799	1514	23	rfc	rfc	NOUN
taxlaw-2799	1514	24	,	,	PUNCT
taxlaw-2799	1514	25	and	and	CCONJ
taxlaw-2799	1514	26	that	that	SCONJ
taxlaw-2799	1514	27	a	a	DET
taxlaw-2799	1514	28	futures	future	NOUN
taxlaw-2799	1514	29	contract	contract	NOUN
taxlaw-2799	1514	30	must	must	AUX
taxlaw-2799	1514	31	be	be	AUX
taxlaw-2799	1514	32	subject	subject	ADJ
taxlaw-2799	1514	33	to	to	ADP
taxlaw-2799	1514	34	cftc	cftc	PROPN
taxlaw-2799	1514	35	regulation	regulation	NOUN
taxlaw-2799	1514	36	in	in	ADP
taxlaw-2799	1514	37	order	order	NOUN
taxlaw-2799	1514	38	to	to	PART
taxlaw-2799	1514	39	qualify	qualify	VERB
taxlaw-2799	1514	40	as	as	ADP
taxlaw-2799	1514	41	a	a	DET
taxlaw-2799	1514	42	rfc	rfc	NOUN
taxlaw-2799	1514	43	.	.	PUNCT
taxlaw-2799	1515	1	another	another	DET
taxlaw-2799	1515	2	fsa	fsa	PROPN
taxlaw-2799	1515	3	from	from	ADP
taxlaw-2799	1515	4	2000	2000	NUM
taxlaw-2799	1515	5	analyzes	analyze	VERB
taxlaw-2799	1515	6	whether	whether	SCONJ
taxlaw-2799	1515	7	otc	otc	PROPN
taxlaw-2799	1515	8	foreign	foreign	ADJ
taxlaw-2799	1515	9	currency	currency	NOUN
taxlaw-2799	1515	10	futures	future	NOUN
taxlaw-2799	1515	11	,	,	PUNCT
taxlaw-2799	1515	12	forwards	forward	NOUN
taxlaw-2799	1515	13	and	and	CCONJ
taxlaw-2799	1515	14	options	option	NOUN
taxlaw-2799	1515	15	constitute	constitute	VERB
taxlaw-2799	1515	16	rfcs	rfc	NOUN
taxlaw-2799	1515	17	,	,	PUNCT
taxlaw-2799	1515	18	and	and	CCONJ
taxlaw-2799	1515	19	concludes	conclude	VERB
taxlaw-2799	1515	20	that	that	SCONJ
taxlaw-2799	1515	21	they	they	PRON
taxlaw-2799	1515	22	do	do	AUX
taxlaw-2799	1515	23	not.135	not.135	VERB
taxlaw-2799	1515	24	while	while	SCONJ
taxlaw-2799	1515	25	this	this	DET
taxlaw-2799	1515	26	result	result	NOUN
taxlaw-2799	1515	27	is	be	AUX
taxlaw-2799	1515	28	hardly	hardly	ADV
taxlaw-2799	1515	29	surprising	surprising	ADJ
taxlaw-2799	1515	30	,	,	PUNCT
taxlaw-2799	1515	31	the	the	DET
taxlaw-2799	1515	32	analysis	analysis	NOUN
taxlaw-2799	1515	33	in	in	ADP
taxlaw-2799	1515	34	the	the	DET
taxlaw-2799	1515	35	fsa	fsa	PROPN
taxlaw-2799	1515	36	is	be	AUX
taxlaw-2799	1515	37	of	of	ADP
taxlaw-2799	1515	38	interest	interest	NOUN
taxlaw-2799	1515	39	because	because	SCONJ
taxlaw-2799	1515	40	it	it	PRON
taxlaw-2799	1515	41	turns	turn	VERB
taxlaw-2799	1515	42	on	on	ADP
taxlaw-2799	1515	43	the	the	DET
taxlaw-2799	1515	44	meaning	meaning	NOUN
taxlaw-2799	1515	45	of	of	ADP
taxlaw-2799	1515	46	the	the	DET
taxlaw-2799	1515	47	“	"	PUNCT
taxlaw-2799	1515	48	on	on	ADP
taxlaw-2799	1515	49	or	or	CCONJ
taxlaw-2799	1515	50	subject	subject	VERB
taxlaw-2799	1515	51	to	to	ADP
taxlaw-2799	1515	52	”	"	PUNCT
taxlaw-2799	1515	53	language	language	NOUN
taxlaw-2799	1515	54	in	in	ADP
taxlaw-2799	1515	55	the	the	DET
taxlaw-2799	1515	56	rfc	rfc	NOUN
taxlaw-2799	1515	57	and	and	CCONJ
taxlaw-2799	1515	58	nonequity	nonequity	NOUN
taxlaw-2799	1515	59	option	option	NOUN
taxlaw-2799	1515	60	definitions	definition	NOUN
taxlaw-2799	1515	61	.	.	PUNCT
taxlaw-2799	1516	1	the	the	DET
taxlaw-2799	1516	2	fsa	fsa	PROPN
taxlaw-2799	1516	3	interprets	interpret	VERB
taxlaw-2799	1516	4	the	the	DET
taxlaw-2799	1516	5	statutory	statutory	ADJ
taxlaw-2799	1516	6	definition	definition	NOUN
taxlaw-2799	1516	7	to	to	PART
taxlaw-2799	1516	8	mean	mean	VERB
taxlaw-2799	1516	9	that	that	SCONJ
taxlaw-2799	1516	10	a	a	DET
taxlaw-2799	1516	11	contract	contract	NOUN
taxlaw-2799	1516	12	must	must	AUX
taxlaw-2799	1516	13	be	be	AUX
taxlaw-2799	1516	14	(	(	PUNCT
taxlaw-2799	1516	15	a	a	X
taxlaw-2799	1516	16	)	)	PUNCT
taxlaw-2799	1516	17	traded	trade	VERB
taxlaw-2799	1516	18	on	on	ADP
taxlaw-2799	1516	19	an	an	DET
taxlaw-2799	1516	20	exchange	exchange	NOUN
taxlaw-2799	1516	21	,	,	PUNCT
taxlaw-2799	1516	22	apparently	apparently	ADV
taxlaw-2799	1516	23	testing	test	VERB
taxlaw-2799	1516	24	this	this	PRON
taxlaw-2799	1516	25	at	at	ADP
taxlaw-2799	1516	26	the	the	DET
taxlaw-2799	1516	27	instant	instant	NOUN
taxlaw-2799	1516	28	in	in	ADP
taxlaw-2799	1516	29	time	time	NOUN
taxlaw-2799	1516	30	when	when	SCONJ
taxlaw-2799	1516	31	the	the	DET
taxlaw-2799	1516	32	contract	contract	NOUN
taxlaw-2799	1516	33	is	be	AUX
taxlaw-2799	1516	34	executed	execute	VERB
taxlaw-2799	1516	35	,	,	PUNCT
taxlaw-2799	1516	36	or	or	CCONJ
taxlaw-2799	1516	37	(	(	PUNCT
taxlaw-2799	1516	38	b	b	NOUN
taxlaw-2799	1516	39	)	)	PUNCT
taxlaw-2799	1516	40	traded	trade	VERB
taxlaw-2799	1516	41	in	in	ADP
taxlaw-2799	1516	42	a	a	DET
taxlaw-2799	1516	43	manner	manner	NOUN
taxlaw-2799	1516	44	that	that	PRON
taxlaw-2799	1516	45	causes	cause	VERB
taxlaw-2799	1516	46	the	the	DET
taxlaw-2799	1516	47	contract	contract	NOUN
taxlaw-2799	1516	48	to	to	PART
taxlaw-2799	1516	49	be	be	AUX
taxlaw-2799	1516	50	subject	subject	ADJ
taxlaw-2799	1516	51	to	to	ADP
taxlaw-2799	1516	52	understanding	understand	VERB
taxlaw-2799	1516	53	that	that	SCONJ
taxlaw-2799	1516	54	clearing	clearing	NOUN
taxlaw-2799	1516	55	houses	house	NOUN
taxlaw-2799	1516	56	do	do	AUX
taxlaw-2799	1516	57	not	not	PART
taxlaw-2799	1516	58	treat	treat	VERB
taxlaw-2799	1516	59	themselves	themselves	PRON
taxlaw-2799	1516	60	for	for	ADP
taxlaw-2799	1516	61	purposes	purpose	NOUN
taxlaw-2799	1516	62	of	of	ADP
taxlaw-2799	1516	63	filing	file	VERB
taxlaw-2799	1516	64	their	their	PRON
taxlaw-2799	1516	65	own	own	ADJ
taxlaw-2799	1516	66	tax	tax	NOUN
taxlaw-2799	1516	67	returns	return	NOUN
taxlaw-2799	1516	68	as	as	ADP
taxlaw-2799	1516	69	parties	party	NOUN
taxlaw-2799	1516	70	to	to	ADP
taxlaw-2799	1516	71	the	the	DET
taxlaw-2799	1516	72	transactions	transaction	NOUN
taxlaw-2799	1516	73	they	they	PRON
taxlaw-2799	1516	74	clear	clear	VERB
taxlaw-2799	1516	75	.	.	PUNCT
taxlaw-2799	1517	1	133	133	NUM
taxlaw-2799	1517	2	a	a	DET
taxlaw-2799	1517	3	private	private	ADJ
taxlaw-2799	1517	4	letter	letter	NOUN
taxlaw-2799	1517	5	ruling	ruling	NOUN
taxlaw-2799	1517	6	issued	issue	VERB
taxlaw-2799	1517	7	in	in	ADP
taxlaw-2799	1517	8	the	the	DET
taxlaw-2799	1517	9	same	same	ADJ
taxlaw-2799	1517	10	timeframe	timeframe	NOUN
taxlaw-2799	1517	11	analyzing	analyze	VERB
taxlaw-2799	1517	12	the	the	DET
taxlaw-2799	1517	13	same	same	ADJ
taxlaw-2799	1517	14	transactions	transaction	NOUN
taxlaw-2799	1517	15	adds	add	VERB
taxlaw-2799	1517	16	this	this	DET
taxlaw-2799	1517	17	gloss	gloss	NOUN
taxlaw-2799	1517	18	,	,	PUNCT
taxlaw-2799	1517	19	stating	state	VERB
taxlaw-2799	1517	20	that	that	SCONJ
taxlaw-2799	1517	21	the	the	DET
taxlaw-2799	1517	22	steps	step	NOUN
taxlaw-2799	1517	23	involved	involve	VERB
taxlaw-2799	1517	24	in	in	ADP
taxlaw-2799	1517	25	the	the	DET
taxlaw-2799	1517	26	typical	typical	ADJ
taxlaw-2799	1517	27	exchange	exchange	NOUN
taxlaw-2799	1517	28	clearing	clearing	NOUN
taxlaw-2799	1517	29	process	process	NOUN
taxlaw-2799	1517	30	are	be	AUX
taxlaw-2799	1517	31	not	not	PART
taxlaw-2799	1517	32	analyzed	analyze	VERB
taxlaw-2799	1517	33	separately	separately	ADV
taxlaw-2799	1517	34	but	but	CCONJ
taxlaw-2799	1517	35	are	be	AUX
taxlaw-2799	1517	36	viewed	view	VERB
taxlaw-2799	1517	37	as	as	ADP
taxlaw-2799	1517	38	component	component	NOUN
taxlaw-2799	1517	39	parts	part	NOUN
taxlaw-2799	1517	40	of	of	ADP
taxlaw-2799	1517	41	a	a	DET
taxlaw-2799	1517	42	single	single	ADJ
taxlaw-2799	1517	43	transaction	transaction	NOUN
taxlaw-2799	1517	44	.	.	PUNCT
taxlaw-2799	1518	1	i.r.s	i.r.s	PROPN
taxlaw-2799	1518	2	.	.	PUNCT
taxlaw-2799	1519	1	priv	priv	PROPN
taxlaw-2799	1519	2	.	.	PUNCT
taxlaw-2799	1520	1	ltr	ltr	PROPN
taxlaw-2799	1520	2	.	.	PUNCT
taxlaw-2799	1520	3	rul	rul	PROPN
taxlaw-2799	1520	4	.	.	PUNCT
taxlaw-2799	1521	1	87	87	NUM
taxlaw-2799	1521	2	-	-	SYM
taxlaw-2799	1521	3	39	39	NUM
taxlaw-2799	1521	4	-	-	SYM
taxlaw-2799	1521	5	051	051	NUM
taxlaw-2799	1521	6	(	(	PUNCT
taxlaw-2799	1521	7	june	june	PROPN
taxlaw-2799	1521	8	30	30	NUM
taxlaw-2799	1521	9	,	,	PUNCT
taxlaw-2799	1521	10	1987	1987	NUM
taxlaw-2799	1521	11	)	)	PUNCT
taxlaw-2799	1521	12	.	.	PUNCT
taxlaw-2799	1522	1	134	134	NUM
taxlaw-2799	1522	2	i.r.s	i.r.	NOUN
taxlaw-2799	1522	3	.	.	PUNCT
taxlaw-2799	1523	1	f.s.a	f.s.a	PROPN
taxlaw-2799	1523	2	.	.	PROPN
taxlaw-2799	1523	3	200025020	200025020	NUM
taxlaw-2799	1523	4	(	(	PUNCT
taxlaw-2799	1523	5	mar	mar	PROPN
taxlaw-2799	1523	6	.	.	PROPN
taxlaw-2799	1523	7	17	17	NUM
taxlaw-2799	1523	8	,	,	PUNCT
taxlaw-2799	1523	9	2000	2000	NUM
taxlaw-2799	1523	10	)	)	PUNCT
taxlaw-2799	1523	11	.	.	PUNCT
taxlaw-2799	1524	1	135	135	NUM
taxlaw-2799	1524	2	i.r.s	i.r.	NOUN
taxlaw-2799	1524	3	.	.	PUNCT
taxlaw-2799	1525	1	f.s.a	f.s.a	PROPN
taxlaw-2799	1525	2	.	.	PROPN
taxlaw-2799	1526	1	200041006	200041006	NUM
taxlaw-2799	1526	2	(	(	PUNCT
taxlaw-2799	1526	3	june	june	PROPN
taxlaw-2799	1526	4	23	23	NUM
taxlaw-2799	1526	5	,	,	PUNCT
taxlaw-2799	1526	6	2000	2000	NUM
taxlaw-2799	1526	7	)	)	PUNCT
taxlaw-2799	1526	8	.	.	PUNCT
taxlaw-2799	1527	1	74	74	NUM
taxlaw-2799	1527	2	columbia	columbia	PROPN
taxlaw-2799	1527	3	jour	jour	PROPN
taxlaw-2799	1527	4	al	al	PROPN
taxlaw-2799	1527	5	of	of	ADP
taxlaw-2799	1527	6	tax	tax	NOUN
taxlaw-2799	1527	7	law	law	NOUN
taxlaw-2799	1527	8	[	[	X
taxlaw-2799	1527	9	vol	vol	NOUN
taxlaw-2799	1527	10	.	.	PUNCT
taxlaw-2799	1527	11	2:1	2:1	NUM
taxlaw-2799	1528	1	the	the	DET
taxlaw-2799	1528	2	rules	rule	NOUN
taxlaw-2799	1528	3	of	of	ADP
taxlaw-2799	1528	4	the	the	DET
taxlaw-2799	1528	5	exchange	exchange	NOUN
taxlaw-2799	1528	6	on	on	ADP
taxlaw-2799	1528	7	an	an	DET
taxlaw-2799	1528	8	on	on	ADV
taxlaw-2799	1528	9	-	-	PUNCT
taxlaw-2799	1528	10	going	go	VERB
taxlaw-2799	1528	11	basis	basis	NOUN
taxlaw-2799	1528	12	,	,	PUNCT
taxlaw-2799	1528	13	identifying	identify	VERB
taxlaw-2799	1528	14	the	the	DET
taxlaw-2799	1528	15	required	required	ADJ
taxlaw-2799	1528	16	use	use	NOUN
taxlaw-2799	1528	17	of	of	ADP
taxlaw-2799	1528	18	a	a	DET
taxlaw-2799	1528	19	clearing	clearing	NOUN
taxlaw-2799	1528	20	house	house	NOUN
taxlaw-2799	1528	21	and	and	CCONJ
taxlaw-2799	1528	22	the	the	DET
taxlaw-2799	1528	23	required	required	ADJ
taxlaw-2799	1528	24	use	use	NOUN
taxlaw-2799	1528	25	of	of	ADP
taxlaw-2799	1528	26	mark	mark	NOUN
taxlaw-2799	1528	27	-	-	PUNCT
taxlaw-2799	1528	28	to	to	ADP
taxlaw-2799	1528	29	-	-	PUNCT
taxlaw-2799	1528	30	market	market	NOUN
taxlaw-2799	1528	31	as	as	ADP
taxlaw-2799	1528	32	evidence	evidence	NOUN
taxlaw-2799	1528	33	of	of	ADP
taxlaw-2799	1528	34	the	the	DET
taxlaw-2799	1528	35	“	"	PUNCT
taxlaw-2799	1528	36	continuing	continue	VERB
taxlaw-2799	1528	37	nature	nature	NOUN
taxlaw-2799	1528	38	of	of	ADP
taxlaw-2799	1528	39	[	[	X
taxlaw-2799	1528	40	the	the	DET
taxlaw-2799	1528	41	]	]	X
taxlaw-2799	1528	42	relationship	relationship	NOUN
taxlaw-2799	1528	43	between	between	ADP
taxlaw-2799	1528	44	the	the	DET
taxlaw-2799	1528	45	commodity	commodity	NOUN
taxlaw-2799	1528	46	futures	future	NOUN
taxlaw-2799	1528	47	contract	contract	NOUN
taxlaw-2799	1528	48	that	that	PRON
taxlaw-2799	1528	49	was	be	AUX
taxlaw-2799	1528	50	,	,	PUNCT
taxlaw-2799	1528	51	at	at	ADP
taxlaw-2799	1528	52	one	one	NUM
taxlaw-2799	1528	53	time	time	NOUN
taxlaw-2799	1528	54	,	,	PUNCT
taxlaw-2799	1528	55	traded	trade	VERB
taxlaw-2799	1528	56	on	on	ADP
taxlaw-2799	1528	57	the	the	DET
taxlaw-2799	1528	58	exchange	exchange	NOUN
taxlaw-2799	1528	59	,	,	PUNCT
taxlaw-2799	1528	60	and	and	CCONJ
taxlaw-2799	1528	61	the	the	DET
taxlaw-2799	1528	62	exchange	exchange	NOUN
taxlaw-2799	1528	63	.	.	PUNCT
taxlaw-2799	1528	64	”	"	PUNCT
taxlaw-2799	1529	1	the	the	DET
taxlaw-2799	1529	2	reader	reader	NOUN
taxlaw-2799	1529	3	will	will	AUX
taxlaw-2799	1529	4	not	not	PART
taxlaw-2799	1529	5	be	be	AUX
taxlaw-2799	1529	6	surprised	surprised	ADJ
taxlaw-2799	1529	7	to	to	PART
taxlaw-2799	1529	8	hear	hear	VERB
taxlaw-2799	1529	9	that	that	SCONJ
taxlaw-2799	1529	10	this	this	DET
taxlaw-2799	1529	11	analysis	analysis	NOUN
taxlaw-2799	1529	12	is	be	AUX
taxlaw-2799	1529	13	based	base	VERB
taxlaw-2799	1529	14	on	on	ADP
taxlaw-2799	1529	15	legislative	legislative	ADJ
taxlaw-2799	1529	16	history	history	NOUN
taxlaw-2799	1529	17	.	.	PUNCT
taxlaw-2799	1530	1	the	the	DET
taxlaw-2799	1530	2	fsa	fsa	PROPN
taxlaw-2799	1530	3	takes	take	VERB
taxlaw-2799	1530	4	as	as	ADP
taxlaw-2799	1530	5	its	its	PRON
taxlaw-2799	1530	6	premise	premise	NOUN
taxlaw-2799	1530	7	that	that	SCONJ
taxlaw-2799	1530	8	congress	congress	PROPN
taxlaw-2799	1530	9	“	"	PUNCT
taxlaw-2799	1530	10	created	create	VERB
taxlaw-2799	1530	11	§	§	PROPN
taxlaw-2799	1530	12	1256	1256	NUM
taxlaw-2799	1530	13	based	base	VERB
taxlaw-2799	1530	14	on	on	ADP
taxlaw-2799	1530	15	the	the	DET
taxlaw-2799	1530	16	actual	actual	ADJ
taxlaw-2799	1530	17	operation	operation	NOUN
taxlaw-2799	1530	18	of	of	ADP
taxlaw-2799	1530	19	the	the	DET
taxlaw-2799	1530	20	futures	future	NOUN
taxlaw-2799	1530	21	markets	market	NOUN
taxlaw-2799	1530	22	,	,	PUNCT
taxlaw-2799	1530	23	”	"	PUNCT
taxlaw-2799	1530	24	and	and	CCONJ
taxlaw-2799	1530	25	then	then	ADV
taxlaw-2799	1530	26	cites	cite	VERB
taxlaw-2799	1530	27	a	a	DET
taxlaw-2799	1530	28	sentence	sentence	NOUN
taxlaw-2799	1530	29	in	in	ADP
taxlaw-2799	1530	30	a	a	DET
taxlaw-2799	1530	31	jct	jct	ADJ
taxlaw-2799	1530	32	report	report	NOUN
taxlaw-2799	1530	33	that	that	SCONJ
taxlaw-2799	1530	34	futures	future	NOUN
taxlaw-2799	1530	35	contracts	contract	NOUN
taxlaw-2799	1530	36	are	be	AUX
taxlaw-2799	1530	37	“	"	PUNCT
taxlaw-2799	1530	38	subject	subject	ADJ
taxlaw-2799	1530	39	to	to	ADP
taxlaw-2799	1530	40	the	the	DET
taxlaw-2799	1530	41	rules	rule	NOUN
taxlaw-2799	1530	42	”	"	PUNCT
taxlaw-2799	1530	43	and	and	CCONJ
taxlaw-2799	1530	44	regulations	regulation	NOUN
taxlaw-2799	1530	45	of	of	ADP
taxlaw-2799	1530	46	the	the	DET
taxlaw-2799	1530	47	exchange	exchange	NOUN
taxlaw-2799	1530	48	where	where	SCONJ
taxlaw-2799	1530	49	they	they	PRON
taxlaw-2799	1530	50	are	be	AUX
taxlaw-2799	1530	51	traded	trade	VERB
taxlaw-2799	1530	52	.	.	PUNCT
taxlaw-2799	1531	1	the	the	DET
taxlaw-2799	1531	2	service	service	NOUN
taxlaw-2799	1531	3	’s	’s	PART
taxlaw-2799	1531	4	position	position	NOUN
taxlaw-2799	1531	5	thus	thus	ADV
taxlaw-2799	1531	6	appears	appear	VERB
taxlaw-2799	1531	7	to	to	PART
taxlaw-2799	1531	8	be	be	AUX
taxlaw-2799	1531	9	that	that	SCONJ
taxlaw-2799	1531	10	only	only	ADJ
taxlaw-2799	1531	11	futures	future	NOUN
taxlaw-2799	1531	12	contracts	contract	NOUN
taxlaw-2799	1531	13	traded	trade	VERB
taxlaw-2799	1531	14	on	on	ADP
taxlaw-2799	1531	15	an	an	DET
taxlaw-2799	1531	16	exchange	exchange	NOUN
taxlaw-2799	1531	17	can	can	AUX
taxlaw-2799	1531	18	be	be	AUX
taxlaw-2799	1531	19	rfcs	rfc	VERB
taxlaw-2799	1531	20	.	.	PUNCT
taxlaw-2799	1532	1	if	if	SCONJ
taxlaw-2799	1532	2	that	that	PRON
taxlaw-2799	1532	3	continued	continue	VERB
taxlaw-2799	1532	4	to	to	PART
taxlaw-2799	1532	5	be	be	AUX
taxlaw-2799	1532	6	the	the	DET
taxlaw-2799	1532	7	service	service	NOUN
taxlaw-2799	1532	8	’s	’s	PART
taxlaw-2799	1532	9	position	position	NOUN
taxlaw-2799	1532	10	,	,	PUNCT
taxlaw-2799	1532	11	cds	cd	NOUN
taxlaw-2799	1532	12	that	that	PRON
taxlaw-2799	1532	13	were	be	AUX
taxlaw-2799	1532	14	cleared	clear	VERB
taxlaw-2799	1532	15	but	but	CCONJ
taxlaw-2799	1532	16	not	not	PART
taxlaw-2799	1532	17	exchange	exchange	NOUN
taxlaw-2799	1532	18	-	-	PUNCT
taxlaw-2799	1532	19	traded	trade	VERB
taxlaw-2799	1532	20	would	would	AUX
taxlaw-2799	1532	21	not	not	PART
taxlaw-2799	1532	22	be	be	AUX
taxlaw-2799	1532	23	treated	treat	VERB
taxlaw-2799	1532	24	as	as	ADP
taxlaw-2799	1532	25	section	section	NOUN
taxlaw-2799	1532	26	1256	1256	NUM
taxlaw-2799	1532	27	contracts	contract	NOUN
taxlaw-2799	1532	28	.	.	PUNCT
taxlaw-2799	1533	1	this	this	DET
taxlaw-2799	1533	2	technical	technical	ADJ
taxlaw-2799	1533	3	analysis	analysis	NOUN
taxlaw-2799	1533	4	does	do	AUX
taxlaw-2799	1533	5	not	not	PART
taxlaw-2799	1533	6	fully	fully	ADV
taxlaw-2799	1533	7	address	address	VERB
taxlaw-2799	1533	8	the	the	DET
taxlaw-2799	1533	9	issues	issue	NOUN
taxlaw-2799	1533	10	at	at	ADP
taxlaw-2799	1533	11	hand	hand	NOUN
taxlaw-2799	1533	12	,	,	PUNCT
taxlaw-2799	1533	13	however	however	ADV
taxlaw-2799	1533	14	,	,	PUNCT
taxlaw-2799	1533	15	because	because	SCONJ
taxlaw-2799	1533	16	the	the	DET
taxlaw-2799	1533	17	service	service	NOUN
taxlaw-2799	1533	18	has	have	AUX
taxlaw-2799	1533	19	never	never	ADV
taxlaw-2799	1533	20	had	have	VERB
taxlaw-2799	1533	21	occasion	occasion	NOUN
taxlaw-2799	1533	22	to	to	PART
taxlaw-2799	1533	23	consider	consider	VERB
taxlaw-2799	1533	24	a	a	DET
taxlaw-2799	1533	25	contract	contract	NOUN
taxlaw-2799	1533	26	that	that	PRON
taxlaw-2799	1533	27	is	be	AUX
taxlaw-2799	1533	28	not	not	PART
taxlaw-2799	1533	29	traded	trade	VERB
taxlaw-2799	1533	30	on	on	ADP
taxlaw-2799	1533	31	an	an	DET
taxlaw-2799	1533	32	exchange	exchange	NOUN
taxlaw-2799	1533	33	but	but	CCONJ
taxlaw-2799	1533	34	that	that	PRON
taxlaw-2799	1533	35	might	might	AUX
taxlaw-2799	1533	36	nevertheless	nevertheless	ADV
taxlaw-2799	1533	37	be	be	AUX
taxlaw-2799	1533	38	considered	consider	VERB
taxlaw-2799	1533	39	to	to	PART
taxlaw-2799	1533	40	be	be	AUX
taxlaw-2799	1533	41	subject	subject	ADJ
taxlaw-2799	1533	42	to	to	ADP
taxlaw-2799	1533	43	an	an	DET
taxlaw-2799	1533	44	exchange	exchange	NOUN
taxlaw-2799	1533	45	’s	’s	PART
taxlaw-2799	1533	46	rules	rule	NOUN
taxlaw-2799	1533	47	.	.	PUNCT
taxlaw-2799	1534	1	indeed	indeed	ADV
taxlaw-2799	1534	2	,	,	PUNCT
taxlaw-2799	1534	3	the	the	DET
taxlaw-2799	1534	4	fsa	fsa	PROPN
taxlaw-2799	1534	5	’s	’s	PART
taxlaw-2799	1534	6	emphasis	emphasis	NOUN
taxlaw-2799	1534	7	on	on	ADP
taxlaw-2799	1534	8	clearing	clear	VERB
taxlaw-2799	1534	9	as	as	ADP
taxlaw-2799	1534	10	satisfying	satisfy	VERB
taxlaw-2799	1534	11	the	the	DET
taxlaw-2799	1534	12	requirement	requirement	NOUN
taxlaw-2799	1534	13	that	that	SCONJ
taxlaw-2799	1534	14	a	a	DET
taxlaw-2799	1534	15	contract	contract	NOUN
taxlaw-2799	1534	16	be	be	AUX
taxlaw-2799	1534	17	subject	subject	ADJ
taxlaw-2799	1534	18	to	to	ADP
taxlaw-2799	1534	19	the	the	DET
taxlaw-2799	1534	20	rules	rule	NOUN
taxlaw-2799	1534	21	of	of	ADP
taxlaw-2799	1534	22	an	an	DET
taxlaw-2799	1534	23	exchange	exchange	NOUN
taxlaw-2799	1534	24	could	could	AUX
taxlaw-2799	1534	25	point	point	VERB
taxlaw-2799	1534	26	towards	towards	ADP
taxlaw-2799	1534	27	a	a	DET
taxlaw-2799	1534	28	conclusion	conclusion	NOUN
taxlaw-2799	1534	29	that	that	SCONJ
taxlaw-2799	1534	30	cme	cme	NOUN
taxlaw-2799	1534	31	-	-	PUNCT
taxlaw-2799	1534	32	cleared	clear	VERB
taxlaw-2799	1534	33	cds	cd	NOUN
taxlaw-2799	1534	34	are	be	AUX
taxlaw-2799	1534	35	“	"	PUNCT
taxlaw-2799	1534	36	subject	subject	ADJ
taxlaw-2799	1534	37	to	to	ADP
taxlaw-2799	1534	38	”	"	PUNCT
taxlaw-2799	1534	39	the	the	DET
taxlaw-2799	1534	40	rules	rule	NOUN
taxlaw-2799	1534	41	of	of	ADP
taxlaw-2799	1534	42	an	an	DET
taxlaw-2799	1534	43	exchange	exchange	NOUN
taxlaw-2799	1534	44	.	.	PUNCT
taxlaw-2799	1535	1	the	the	DET
taxlaw-2799	1535	2	more	more	ADV
taxlaw-2799	1535	3	significant	significant	ADJ
taxlaw-2799	1535	4	lesson	lesson	NOUN
taxlaw-2799	1535	5	from	from	ADP
taxlaw-2799	1535	6	the	the	DET
taxlaw-2799	1535	7	fsa	fsa	PROPN
taxlaw-2799	1535	8	seems	seem	VERB
taxlaw-2799	1535	9	to	to	PART
taxlaw-2799	1535	10	be	be	AUX
taxlaw-2799	1535	11	that	that	SCONJ
taxlaw-2799	1535	12	the	the	DET
taxlaw-2799	1535	13	service	service	NOUN
taxlaw-2799	1535	14	will	will	AUX
taxlaw-2799	1535	15	faithfully	faithfully	ADV
taxlaw-2799	1535	16	adhere	adhere	VERB
taxlaw-2799	1535	17	to	to	ADP
taxlaw-2799	1535	18	what	what	PRON
taxlaw-2799	1535	19	it	it	PRON
taxlaw-2799	1535	20	sees	see	VERB
taxlaw-2799	1535	21	as	as	ADP
taxlaw-2799	1535	22	congressional	congressional	ADJ
taxlaw-2799	1535	23	intent	intent	NOUN
taxlaw-2799	1535	24	in	in	ADP
taxlaw-2799	1535	25	enacting	enact	VERB
taxlaw-2799	1535	26	§	§	PROPN
taxlaw-2799	1535	27	1256	1256	NUM
taxlaw-2799	1535	28	.	.	PUNCT
taxlaw-2799	1536	1	in	in	ADP
taxlaw-2799	1536	2	summary	summary	NOUN
taxlaw-2799	1536	3	,	,	PUNCT
taxlaw-2799	1536	4	while	while	SCONJ
taxlaw-2799	1536	5	there	there	PRON
taxlaw-2799	1536	6	is	be	VERB
taxlaw-2799	1536	7	no	no	DET
taxlaw-2799	1536	8	guidance	guidance	NOUN
taxlaw-2799	1536	9	on	on	ADP
taxlaw-2799	1536	10	point	point	NOUN
taxlaw-2799	1536	11	,	,	PUNCT
taxlaw-2799	1536	12	in	in	ADP
taxlaw-2799	1536	13	the	the	DET
taxlaw-2799	1536	14	almost	almost	ADV
taxlaw-2799	1536	15	thirty	thirty	NUM
taxlaw-2799	1536	16	years	year	NOUN
taxlaw-2799	1536	17	that	that	SCONJ
taxlaw-2799	1536	18	§	§	PROPN
taxlaw-2799	1536	19	1256	1256	NUM
taxlaw-2799	1536	20	has	have	AUX
taxlaw-2799	1536	21	been	be	AUX
taxlaw-2799	1536	22	on	on	ADP
taxlaw-2799	1536	23	the	the	DET
taxlaw-2799	1536	24	books	book	NOUN
taxlaw-2799	1536	25	,	,	PUNCT
taxlaw-2799	1536	26	it	it	PRON
taxlaw-2799	1536	27	has	have	AUX
taxlaw-2799	1536	28	always	always	ADV
taxlaw-2799	1536	29	been	be	AUX
taxlaw-2799	1536	30	interpreted	interpret	VERB
taxlaw-2799	1536	31	in	in	ADP
taxlaw-2799	1536	32	a	a	DET
taxlaw-2799	1536	33	manner	manner	NOUN
taxlaw-2799	1536	34	intended	intend	VERB
taxlaw-2799	1536	35	to	to	PART
taxlaw-2799	1536	36	bring	bring	VERB
taxlaw-2799	1536	37	within	within	ADP
taxlaw-2799	1536	38	the	the	DET
taxlaw-2799	1536	39	scope	scope	NOUN
taxlaw-2799	1536	40	of	of	ADP
taxlaw-2799	1536	41	that	that	DET
taxlaw-2799	1536	42	section	section	NOUN
taxlaw-2799	1536	43	those	those	DET
taxlaw-2799	1536	44	instruments	instrument	NOUN
taxlaw-2799	1536	45	that	that	PRON
taxlaw-2799	1536	46	congress	congress	PROPN
taxlaw-2799	1536	47	specifically	specifically	ADV
taxlaw-2799	1536	48	identified	identify	VERB
taxlaw-2799	1536	49	in	in	ADP
taxlaw-2799	1536	50	legislative	legislative	ADJ
taxlaw-2799	1536	51	history	history	NOUN
taxlaw-2799	1536	52	,	,	PUNCT
taxlaw-2799	1536	53	and	and	CCONJ
taxlaw-2799	1536	54	to	to	PART
taxlaw-2799	1536	55	exclude	exclude	VERB
taxlaw-2799	1536	56	all	all	DET
taxlaw-2799	1536	57	other	other	ADJ
taxlaw-2799	1536	58	instruments	instrument	NOUN
taxlaw-2799	1536	59	.	.	PUNCT
taxlaw-2799	1537	1	as	as	SCONJ
taxlaw-2799	1537	2	noted	note	VERB
taxlaw-2799	1537	3	by	by	ADP
taxlaw-2799	1537	4	the	the	DET
taxlaw-2799	1537	5	tax	tax	NOUN
taxlaw-2799	1537	6	court	court	NOUN
taxlaw-2799	1537	7	in	in	ADP
taxlaw-2799	1537	8	summitt	summitt	PROPN
taxlaw-2799	1537	9	,	,	PUNCT
taxlaw-2799	1537	10	congress	congress	PROPN
taxlaw-2799	1537	11	has	have	AUX
taxlaw-2799	1537	12	implicitly	implicitly	ADV
taxlaw-2799	1537	13	approved	approve	VERB
taxlaw-2799	1537	14	this	this	DET
taxlaw-2799	1537	15	approach	approach	NOUN
taxlaw-2799	1537	16	by	by	ADP
taxlaw-2799	1537	17	leaving	leave	VERB
taxlaw-2799	1537	18	the	the	DET
taxlaw-2799	1537	19	definition	definition	NOUN
taxlaw-2799	1537	20	of	of	ADP
taxlaw-2799	1537	21	rfc	rfc	PRON
taxlaw-2799	1537	22	unchanged	unchanged	ADJ
taxlaw-2799	1537	23	,	,	PUNCT
taxlaw-2799	1537	24	and	and	CCONJ
taxlaw-2799	1537	25	adding	add	VERB
taxlaw-2799	1537	26	additional	additional	ADJ
taxlaw-2799	1537	27	categories	category	NOUN
taxlaw-2799	1537	28	of	of	ADP
taxlaw-2799	1537	29	section	section	NOUN
taxlaw-2799	1537	30	1256	1256	NUM
taxlaw-2799	1537	31	contracts	contract	NOUN
taxlaw-2799	1537	32	as	as	SCONJ
taxlaw-2799	1537	33	it	it	PRON
taxlaw-2799	1537	34	thought	think	VERB
taxlaw-2799	1537	35	proper	proper	ADJ
taxlaw-2799	1537	36	.	.	PUNCT
taxlaw-2799	1538	1	congress	congress	PROPN
taxlaw-2799	1538	2	also	also	ADV
taxlaw-2799	1538	3	has	have	AUX
taxlaw-2799	1538	4	made	make	VERB
taxlaw-2799	1538	5	clear	clear	ADJ
taxlaw-2799	1538	6	that	that	SCONJ
taxlaw-2799	1538	7	it	it	PRON
taxlaw-2799	1538	8	considers	consider	VERB
taxlaw-2799	1538	9	it	it	PRON
taxlaw-2799	1538	10	bad	bad	ADJ
taxlaw-2799	1538	11	tax	tax	NOUN
taxlaw-2799	1538	12	policy	policy	NOUN
taxlaw-2799	1538	13	to	to	PART
taxlaw-2799	1538	14	create	create	VERB
taxlaw-2799	1538	15	or	or	CCONJ
taxlaw-2799	1538	16	permit	permit	VERB
taxlaw-2799	1538	17	a	a	DET
taxlaw-2799	1538	18	tax	tax	NOUN
taxlaw-2799	1538	19	regime	regime	NOUN
taxlaw-2799	1538	20	in	in	ADP
taxlaw-2799	1538	21	which	which	PRON
taxlaw-2799	1538	22	some	some	DET
taxlaw-2799	1538	23	contracts	contract	NOUN
taxlaw-2799	1538	24	are	be	AUX
taxlaw-2799	1538	25	subject	subject	ADJ
taxlaw-2799	1538	26	to	to	ADP
taxlaw-2799	1538	27	§	§	PROPN
taxlaw-2799	1538	28	1256	1256	NUM
taxlaw-2799	1538	29	while	while	SCONJ
taxlaw-2799	1538	30	other	other	ADJ
taxlaw-2799	1538	31	very	very	ADV
taxlaw-2799	1538	32	similar	similar	ADJ
taxlaw-2799	1538	33	contracts	contract	NOUN
taxlaw-2799	1538	34	—	—	PUNCT
taxlaw-2799	1538	35	here	here	ADV
taxlaw-2799	1538	36	,	,	PUNCT
taxlaw-2799	1538	37	cleared	clear	VERB
taxlaw-2799	1538	38	/	/	SYM
taxlaw-2799	1538	39	traded	trade	VERB
taxlaw-2799	1538	40	swaps	swap	NOUN
taxlaw-2799	1538	41	versus	versus	ADP
taxlaw-2799	1538	42	bilateral	bilateral	ADJ
taxlaw-2799	1538	43	otc	otc	PROPN
taxlaw-2799	1538	44	-	-	PUNCT
taxlaw-2799	1538	45	only	only	ADV
taxlaw-2799	1538	46	swaps	swap	NOUN
taxlaw-2799	1538	47	with	with	ADP
taxlaw-2799	1538	48	standardized	standardized	ADJ
taxlaw-2799	1538	49	terms	term	NOUN
taxlaw-2799	1538	50	—	—	PUNCT
taxlaw-2799	1538	51	are	be	AUX
taxlaw-2799	1538	52	not	not	PART
taxlaw-2799	1538	53	.	.	PUNCT
taxlaw-2799	1539	1	extending	extend	VERB
taxlaw-2799	1539	2	that	that	DET
taxlaw-2799	1539	3	approach	approach	NOUN
taxlaw-2799	1539	4	here	here	ADV
taxlaw-2799	1539	5	would	would	AUX
taxlaw-2799	1539	6	give	give	VERB
taxlaw-2799	1539	7	rise	rise	NOUN
taxlaw-2799	1539	8	to	to	ADP
taxlaw-2799	1539	9	a	a	DET
taxlaw-2799	1539	10	simple	simple	ADJ
taxlaw-2799	1539	11	conclusion	conclusion	NOUN
taxlaw-2799	1539	12	,	,	PUNCT
taxlaw-2799	1539	13	namely	namely	ADV
taxlaw-2799	1539	14	that	that	SCONJ
taxlaw-2799	1539	15	neither	neither	PRON
taxlaw-2799	1539	16	cleared	clear	VERB
taxlaw-2799	1539	17	swaps	swap	NOUN
taxlaw-2799	1539	18	nor	nor	CCONJ
taxlaw-2799	1539	19	exchange	exchange	NOUN
taxlaw-2799	1539	20	-	-	PUNCT
taxlaw-2799	1539	21	traded	trade	VERB
taxlaw-2799	1539	22	swaps	swap	NOUN
taxlaw-2799	1539	23	constitute	constitute	VERB
taxlaw-2799	1539	24	section	section	NOUN
taxlaw-2799	1539	25	1256	1256	NUM
taxlaw-2799	1539	26	contracts	contract	NOUN
taxlaw-2799	1539	27	,	,	PUNCT
taxlaw-2799	1539	28	until	until	ADP
taxlaw-2799	1539	29	and	and	CCONJ
taxlaw-2799	1539	30	unless	unless	SCONJ
taxlaw-2799	1539	31	congress	congress	PROPN
taxlaw-2799	1539	32	speaks	speak	VERB
taxlaw-2799	1539	33	to	to	ADP
taxlaw-2799	1539	34	the	the	DET
taxlaw-2799	1539	35	contrary	contrary	NOUN
taxlaw-2799	1539	36	.	.	PUNCT
taxlaw-2799	1540	1	returning	return	VERB
taxlaw-2799	1540	2	to	to	ADP
taxlaw-2799	1540	3	the	the	DET
taxlaw-2799	1540	4	present	present	NOUN
taxlaw-2799	1540	5	,	,	PUNCT
taxlaw-2799	1540	6	the	the	DET
taxlaw-2799	1540	7	task	task	NOUN
taxlaw-2799	1540	8	that	that	PRON
taxlaw-2799	1540	9	still	still	ADV
taxlaw-2799	1540	10	remains	remain	VERB
taxlaw-2799	1540	11	undone	undone	ADJ
taxlaw-2799	1540	12	now	now	ADV
taxlaw-2799	1540	13	that	that	SCONJ
taxlaw-2799	1540	14	congress	congress	PROPN
taxlaw-2799	1540	15	has	have	AUX
taxlaw-2799	1540	16	spoken	speak	VERB
taxlaw-2799	1540	17	is	be	AUX
taxlaw-2799	1540	18	to	to	PART
taxlaw-2799	1540	19	divine	divine	VERB
taxlaw-2799	1540	20	its	its	PRON
taxlaw-2799	1540	21	meaning	meaning	NOUN
taxlaw-2799	1540	22	.	.	PUNCT
taxlaw-2799	1541	1	section	section	NOUN
taxlaw-2799	1541	2	iii.c	iii.c	PROPN
taxlaw-2799	1541	3	.	.	PUNCT
taxlaw-2799	1542	1	endeavors	endeavor	VERB
taxlaw-2799	1542	2	to	to	PART
taxlaw-2799	1542	3	do	do	VERB
taxlaw-2799	1542	4	so	so	ADV
taxlaw-2799	1542	5	.	.	PUNCT
taxlaw-2799	1543	1	c.	c.	PROPN
taxlaw-2799	1543	2	the	the	DET
taxlaw-2799	1543	3	dodd	dodd	PROPN
taxlaw-2799	1543	4	-	-	PUNCT
taxlaw-2799	1543	5	frank	frank	PROPN
taxlaw-2799	1543	6	amendment	amendment	NOUN
taxlaw-2799	1543	7	to	to	PART
taxlaw-2799	1543	8	section	section	NOUN
taxlaw-2799	1543	9	1256	1256	NUM
taxlaw-2799	1543	10	.	.	PUNCT
taxlaw-2799	1544	1	the	the	DET
taxlaw-2799	1544	2	dodd	dodd	PROPN
taxlaw-2799	1544	3	-	-	PUNCT
taxlaw-2799	1544	4	frank	frank	PROPN
taxlaw-2799	1544	5	amendment	amendment	PROPN
taxlaw-2799	1544	6	lists	list	VERB
taxlaw-2799	1544	7	nine	nine	NUM
taxlaw-2799	1544	8	specific	specific	ADJ
taxlaw-2799	1544	9	types	type	NOUN
taxlaw-2799	1544	10	of	of	ADP
taxlaw-2799	1544	11	derivatives	derivative	NOUN
taxlaw-2799	1544	12	and	and	CCONJ
taxlaw-2799	1544	13	states	state	NOUN
taxlaw-2799	1544	14	that	that	SCONJ
taxlaw-2799	1544	15	they	they	PRON
taxlaw-2799	1544	16	and	and	CCONJ
taxlaw-2799	1544	17	“	"	PUNCT
taxlaw-2799	1544	18	any	any	DET
taxlaw-2799	1544	19	similar	similar	ADJ
taxlaw-2799	1544	20	agreement	agreement	NOUN
taxlaw-2799	1544	21	”	"	PUNCT
taxlaw-2799	1544	22	do	do	AUX
taxlaw-2799	1544	23	not	not	PART
taxlaw-2799	1544	24	constitute	constitute	VERB
taxlaw-2799	1544	25	section	section	NOUN
taxlaw-2799	1544	26	1256	1256	NUM
taxlaw-2799	1544	27	contracts	contract	NOUN
taxlaw-2799	1544	28	.	.	PUNCT
taxlaw-2799	1545	1	because	because	SCONJ
taxlaw-2799	1545	2	the	the	DET
taxlaw-2799	1545	3	precise	precise	ADJ
taxlaw-2799	1545	4	composition	composition	NOUN
taxlaw-2799	1545	5	of	of	ADP
taxlaw-2799	1545	6	the	the	DET
taxlaw-2799	1545	7	list	list	NOUN
taxlaw-2799	1545	8	may	may	AUX
taxlaw-2799	1545	9	be	be	AUX
taxlaw-2799	1545	10	important	important	ADJ
taxlaw-2799	1545	11	,	,	PUNCT
taxlaw-2799	1545	12	the	the	DET
taxlaw-2799	1545	13	list	list	NOUN
taxlaw-2799	1545	14	is	be	AUX
taxlaw-2799	1545	15	repeated	repeat	VERB
taxlaw-2799	1545	16	here	here	ADV
taxlaw-2799	1545	17	,	,	PUNCT
taxlaw-2799	1545	18	along	along	ADP
taxlaw-2799	1545	19	with	with	ADP
taxlaw-2799	1545	20	two	two	NUM
taxlaw-2799	1545	21	other	other	ADJ
taxlaw-2799	1545	22	potentially	potentially	ADV
taxlaw-2799	1545	23	relevant	relevant	ADJ
taxlaw-2799	1545	24	lists	list	NOUN
taxlaw-2799	1545	25	:	:	PUNCT
taxlaw-2799	1545	26	2011	2011	NUM
taxlaw-2799	1545	27	]	]	PUNCT
taxlaw-2799	1546	1	ew	ew	NOUN
taxlaw-2799	1546	2	tax	tax	NOUN
taxlaw-2799	1546	3	issues	issue	NOUN
taxlaw-2799	1546	4	arisi	arisi	VERB
taxlaw-2799	1546	5	g	g	PROPN
taxlaw-2799	1546	6	from	from	ADP
taxlaw-2799	1546	7	the	the	DET
taxlaw-2799	1546	8	dodd	dodd	NOUN
taxlaw-2799	1546	9	-	-	PUNCT
taxlaw-2799	1546	10	fra	fra	PROPN
taxlaw-2799	1546	11	k	k	PROPN
taxlaw-2799	1546	12	act	act	PROPN
taxlaw-2799	1546	13	75	75	NUM
taxlaw-2799	1546	14	dodd	dodd	PROPN
taxlaw-2799	1546	15	-	-	PUNCT
taxlaw-2799	1546	16	frank	frank	ADJ
taxlaw-2799	1546	17	definition	definition	NOUN
taxlaw-2799	1546	18	of	of	ADP
taxlaw-2799	1546	19	swap	swap	NOUN
taxlaw-2799	1546	20	dodd	dodd	PROPN
taxlaw-2799	1546	21	-	-	PUNCT
taxlaw-2799	1546	22	frank	frank	PROPN
taxlaw-2799	1546	23	amendment	amendment	PROPN
taxlaw-2799	1546	24	pc	pc	NOUN
taxlaw-2799	1546	25	definition	definition	NOUN
taxlaw-2799	1546	26	(	(	PUNCT
taxlaw-2799	1546	27	i	i	NOUN
taxlaw-2799	1546	28	)	)	PUNCT
taxlaw-2799	1546	29	interest	interest	NOUN
taxlaw-2799	1546	30	rate	rate	NOUN
taxlaw-2799	1546	31	swap	swap	NOUN
taxlaw-2799	1546	32	interest	interest	NOUN
taxlaw-2799	1546	33	rate	rate	NOUN
taxlaw-2799	1546	34	swap	swap	NOUN
taxlaw-2799	1546	35	interest	interest	NOUN
taxlaw-2799	1546	36	rate	rate	NOUN
taxlaw-2799	1546	37	swaps	swap	NOUN
taxlaw-2799	1546	38	(	(	PUNCT
taxlaw-2799	1546	39	vii	vii	PROPN
taxlaw-2799	1546	40	)	)	PUNCT
taxlaw-2799	1546	41	currency	currency	NOUN
taxlaw-2799	1546	42	swap	swap	NOUN
taxlaw-2799	1546	43	currency	currency	NOUN
taxlaw-2799	1546	44	swap	swap	NOUN
taxlaw-2799	1546	45	currency	currency	NOUN
taxlaw-2799	1546	46	swaps	swap	NOUN
taxlaw-2799	1546	47	(	(	PUNCT
taxlaw-2799	1546	48	viii	viii	NOUN
taxlaw-2799	1546	49	)	)	PUNCT
taxlaw-2799	1546	50	foreign	foreign	ADJ
taxlaw-2799	1546	51	exchange	exchange	NOUN
taxlaw-2799	1546	52	swap	swap	NOUN
taxlaw-2799	1546	53	(	(	PUNCT
taxlaw-2799	1546	54	vi	vi	NOUN
taxlaw-2799	1546	55	)	)	PUNCT
taxlaw-2799	1546	56	basis	basis	NOUN
taxlaw-2799	1546	57	swap	swap	NOUN
taxlaw-2799	1546	58	basis	basis	NOUN
taxlaw-2799	1546	59	swap	swap	NOUN
taxlaw-2799	1546	60	basis	basis	NOUN
taxlaw-2799	1546	61	swaps	swap	NOUN
taxlaw-2799	1546	62	(	(	PUNCT
taxlaw-2799	1546	63	iii	iii	NOUN
taxlaw-2799	1546	64	)	)	PUNCT
taxlaw-2799	1546	65	rate	rate	NOUN
taxlaw-2799	1546	66	cap	cap	NOUN
taxlaw-2799	1546	67	interest	interest	NOUN
taxlaw-2799	1546	68	rate	rate	NOUN
taxlaw-2799	1546	69	cap	cap	NOUN
taxlaw-2799	1546	70	interest	interest	NOUN
taxlaw-2799	1546	71	rate	rate	NOUN
taxlaw-2799	1546	72	caps	cap	NOUN
taxlaw-2799	1546	73	(	(	PUNCT
taxlaw-2799	1546	74	ii	ii	NOUN
taxlaw-2799	1546	75	)	)	PUNCT
taxlaw-2799	1546	76	rate	rate	NOUN
taxlaw-2799	1546	77	floor	floor	NOUN
taxlaw-2799	1546	78	interest	interest	NOUN
taxlaw-2799	1546	79	rate	rate	NOUN
taxlaw-2799	1546	80	floor	floor	NOUN
taxlaw-2799	1546	81	interest	interest	NOUN
taxlaw-2799	1546	82	rate	rate	NOUN
taxlaw-2799	1546	83	floors	floor	NOUN
taxlaw-2799	1546	84	(	(	PUNCT
taxlaw-2799	1546	85	iv	iv	X
taxlaw-2799	1546	86	)	)	PUNCT
taxlaw-2799	1546	87	rate	rate	NOUN
taxlaw-2799	1546	88	collar	collar	NOUN
taxlaw-2799	1546	89	(	(	PUNCT
taxlaw-2799	1546	90	v	v	NOUN
taxlaw-2799	1546	91	)	)	PUNCT
taxlaw-2799	1546	92	cross	cross	ADJ
taxlaw-2799	1546	93	-	-	ADJ
taxlaw-2799	1546	94	currency	currency	ADJ
taxlaw-2799	1546	95	rate	rate	NOUN
taxlaw-2799	1546	96	swap	swap	NOUN
taxlaw-2799	1546	97	(	(	PUNCT
taxlaw-2799	1546	98	xxii	xxii	NOUN
taxlaw-2799	1546	99	)	)	PUNCT
taxlaw-2799	1546	100	commodity	commodity	NOUN
taxlaw-2799	1546	101	swap	swap	NOUN
taxlaw-2799	1546	102	commodity	commodity	NOUN
taxlaw-2799	1546	103	swap	swap	NOUN
taxlaw-2799	1546	104	commodity	commodity	NOUN
taxlaw-2799	1546	105	swaps	swap	NOUN
taxlaw-2799	1546	106	(	(	PUNCT
taxlaw-2799	1546	107	ix	ix	ADJ
taxlaw-2799	1546	108	)	)	PUNCT
taxlaw-2799	1546	109	total	total	ADJ
taxlaw-2799	1546	110	return	return	NOUN
taxlaw-2799	1546	111	swap	swap	NOUN
taxlaw-2799	1546	112	(	(	PUNCT
taxlaw-2799	1546	113	xii	xii	NOUN
taxlaw-2799	1546	114	)	)	PUNCT
taxlaw-2799	1546	115	equity	equity	NOUN
taxlaw-2799	1546	116	swap	swap	PROPN
taxlaw-2799	1546	117	equity	equity	PROPN
taxlaw-2799	1546	118	swap	swap	NOUN
taxlaw-2799	1546	119	equity	equity	NOUN
taxlaw-2799	1546	120	swaps	swap	NOUN
taxlaw-2799	1546	121	(	(	PUNCT
taxlaw-2799	1546	122	x	x	NOUN
taxlaw-2799	1546	123	)	)	PUNCT
taxlaw-2799	1546	124	equity	equity	NOUN
taxlaw-2799	1546	125	index	index	NOUN
taxlaw-2799	1546	126	swap	swap	PROPN
taxlaw-2799	1546	127	equity	equity	NOUN
taxlaw-2799	1546	128	index	index	PROPN
taxlaw-2799	1546	129	swap	swap	PROPN
taxlaw-2799	1546	130	equity	equity	NOUN
taxlaw-2799	1546	131	index	index	NOUN
taxlaw-2799	1546	132	swaps	swap	NOUN
taxlaw-2799	1546	133	(	(	PUNCT
taxlaw-2799	1546	134	xii	xii	NOUN
taxlaw-2799	1546	135	)	)	PUNCT
taxlaw-2799	1546	136	debt	debt	NOUN
taxlaw-2799	1546	137	index	index	NOUN
taxlaw-2799	1546	138	swap	swap	NOUN
taxlaw-2799	1546	139	(	(	PUNCT
taxlaw-2799	1546	140	xiii	xiii	NOUN
taxlaw-2799	1546	141	)	)	PUNCT
taxlaw-2799	1546	142	debt	debt	NOUN
taxlaw-2799	1546	143	swap	swap	NOUN
taxlaw-2799	1546	144	(	(	PUNCT
taxlaw-2799	1546	145	xiv	xiv	NOUN
taxlaw-2799	1546	146	)	)	PUNCT
taxlaw-2799	1546	147	credit	credit	NOUN
taxlaw-2799	1546	148	spread	spread	NOUN
taxlaw-2799	1546	149	(	(	PUNCT
taxlaw-2799	1546	150	xv	xv	NOUN
taxlaw-2799	1546	151	)	)	PUNCT
taxlaw-2799	1546	152	credit	credit	NOUN
taxlaw-2799	1546	153	default	default	NOUN
taxlaw-2799	1546	154	swap	swap	NOUN
taxlaw-2799	1546	155	credit	credit	NOUN
taxlaw-2799	1546	156	default	default	NOUN
taxlaw-2799	1546	157	swap	swap	NOUN
taxlaw-2799	1546	158	(	(	PUNCT
taxlaw-2799	1546	159	xvi	xvi	NOUN
taxlaw-2799	1546	160	)	)	PUNCT
taxlaw-2799	1546	161	credit	credit	NOUN
taxlaw-2799	1546	162	swap	swap	NOUN
taxlaw-2799	1546	163	(	(	PUNCT
taxlaw-2799	1546	164	xvii	xvii	PROPN
taxlaw-2799	1546	165	)	)	PUNCT
taxlaw-2799	1546	166	weather	weather	NOUN
taxlaw-2799	1546	167	swap	swap	NOUN
taxlaw-2799	1546	168	(	(	PUNCT
taxlaw-2799	1546	169	xviii	xviii	PROPN
taxlaw-2799	1546	170	)	)	PUNCT
taxlaw-2799	1546	171	energy	energy	NOUN
taxlaw-2799	1546	172	swap	swap	NOUN
taxlaw-2799	1546	173	(	(	PUNCT
taxlaw-2799	1546	174	xix	xix	NOUN
taxlaw-2799	1546	175	)	)	PUNCT
taxlaw-2799	1546	176	metal	metal	NOUN
taxlaw-2799	1546	177	swap	swap	NOUN
taxlaw-2799	1546	178	(	(	PUNCT
taxlaw-2799	1546	179	xx	xx	X
taxlaw-2799	1546	180	)	)	PUNCT
taxlaw-2799	1546	181	agricultural	agricultural	ADJ
taxlaw-2799	1546	182	swap	swap	NOUN
taxlaw-2799	1546	183	(	(	PUNCT
taxlaw-2799	1546	184	xxi	xxi	PROPN
taxlaw-2799	1546	185	)	)	PUNCT
taxlaw-2799	1546	186	emissions	emission	NOUN
taxlaw-2799	1546	187	swap	swap	NOUN
taxlaw-2799	1546	188	agreement	agreement	NOUN
taxlaw-2799	1546	189	known	know	VERB
taxlaw-2799	1546	190	as	as	ADP
taxlaw-2799	1546	191	swap	swap	NOUN
taxlaw-2799	1546	192	similar	similar	ADJ
taxlaw-2799	1546	193	agreement	agreement	NOUN
taxlaw-2799	1546	194	similar	similar	ADJ
taxlaw-2799	1546	195	agreements	agreement	NOUN
taxlaw-2799	1546	196	the	the	DET
taxlaw-2799	1546	197	dodd	dodd	PROPN
taxlaw-2799	1546	198	-	-	PUNCT
taxlaw-2799	1546	199	frank	frank	ADJ
taxlaw-2799	1546	200	definition	definition	NOUN
taxlaw-2799	1546	201	of	of	ADP
taxlaw-2799	1546	202	swap	swap	NOUN
taxlaw-2799	1546	203	is	be	AUX
taxlaw-2799	1546	204	both	both	CCONJ
taxlaw-2799	1546	205	broader	broad	ADJ
taxlaw-2799	1546	206	and	and	CCONJ
taxlaw-2799	1546	207	narrower	narrow	ADJ
taxlaw-2799	1546	208	than	than	ADP
taxlaw-2799	1546	209	what	what	PRON
taxlaw-2799	1546	210	is	be	AUX
taxlaw-2799	1546	211	described	describe	VERB
taxlaw-2799	1546	212	above	above	ADV
taxlaw-2799	1546	213	.	.	PUNCT
taxlaw-2799	1547	1	it	it	PRON
taxlaw-2799	1547	2	is	be	AUX
taxlaw-2799	1547	3	broader	broad	ADJ
taxlaw-2799	1547	4	because	because	SCONJ
taxlaw-2799	1547	5	the	the	DET
taxlaw-2799	1547	6	list	list	NOUN
taxlaw-2799	1547	7	is	be	AUX
taxlaw-2799	1547	8	only	only	ADV
taxlaw-2799	1547	9	one	one	NUM
taxlaw-2799	1547	10	component	component	NOUN
taxlaw-2799	1547	11	of	of	ADP
taxlaw-2799	1547	12	the	the	DET
taxlaw-2799	1547	13	definition	definition	NOUN
taxlaw-2799	1547	14	.	.	PUNCT
taxlaw-2799	1548	1	but	but	CCONJ
taxlaw-2799	1548	2	it	it	PRON
taxlaw-2799	1548	3	is	be	AUX
taxlaw-2799	1548	4	also	also	ADV
taxlaw-2799	1548	5	narrower	narrow	ADJ
taxlaw-2799	1548	6	,	,	PUNCT
taxlaw-2799	1548	7	because	because	SCONJ
taxlaw-2799	1548	8	there	there	PRON
taxlaw-2799	1548	9	are	be	VERB
taxlaw-2799	1548	10	76	76	NUM
taxlaw-2799	1548	11	columbia	columbia	PROPN
taxlaw-2799	1548	12	jour	jour	PROPN
taxlaw-2799	1548	13	al	al	PROPN
taxlaw-2799	1548	14	of	of	ADP
taxlaw-2799	1548	15	tax	tax	NOUN
taxlaw-2799	1548	16	law	law	NOUN
taxlaw-2799	1549	1	[	[	X
taxlaw-2799	1549	2	vol	vol	NOUN
taxlaw-2799	1549	3	.	.	PUNCT
taxlaw-2799	1549	4	2:1	2:1	NUM
taxlaw-2799	1550	1	various	various	ADJ
taxlaw-2799	1550	2	carve	carve	NOUN
taxlaw-2799	1550	3	-	-	PUNCT
taxlaw-2799	1550	4	outs	out	NOUN
taxlaw-2799	1550	5	to	to	ADP
taxlaw-2799	1550	6	the	the	DET
taxlaw-2799	1550	7	definition	definition	NOUN
taxlaw-2799	1550	8	.	.	PUNCT
taxlaw-2799	1551	1	those	those	DET
taxlaw-2799	1551	2	refinements	refinement	NOUN
taxlaw-2799	1551	3	are	be	AUX
taxlaw-2799	1551	4	for	for	ADP
taxlaw-2799	1551	5	the	the	DET
taxlaw-2799	1551	6	most	most	ADJ
taxlaw-2799	1551	7	part	part	NOUN
taxlaw-2799	1551	8	not	not	PART
taxlaw-2799	1551	9	relevant	relevant	ADJ
taxlaw-2799	1551	10	to	to	ADP
taxlaw-2799	1551	11	this	this	DET
taxlaw-2799	1551	12	discussion	discussion	NOUN
taxlaw-2799	1551	13	.	.	PUNCT
taxlaw-2799	1552	1	the	the	DET
taxlaw-2799	1552	2	npc	npc	PROPN
taxlaw-2799	1552	3	definition	definition	NOUN
taxlaw-2799	1552	4	comes	come	VERB
taxlaw-2799	1552	5	from	from	ADP
taxlaw-2799	1552	6	treasury	treasury	NOUN
taxlaw-2799	1552	7	regulation	regulation	NOUN
taxlaw-2799	1552	8	§	§	PROPN
taxlaw-2799	1552	9	1.4463(c)(1)(i	1.4463(c)(1)(i	NUM
taxlaw-2799	1552	10	)	)	PUNCT
taxlaw-2799	1552	11	.	.	PUNCT
taxlaw-2799	1553	1	that	that	DET
taxlaw-2799	1553	2	regulation	regulation	NOUN
taxlaw-2799	1553	3	defines	define	VERB
taxlaw-2799	1553	4	an	an	DET
taxlaw-2799	1553	5	npc	npc	NOUN
taxlaw-2799	1553	6	functionally	functionally	ADV
taxlaw-2799	1553	7	,	,	PUNCT
taxlaw-2799	1553	8	as	as	ADP
taxlaw-2799	1553	9	a	a	DET
taxlaw-2799	1553	10	financial	financial	ADJ
taxlaw-2799	1553	11	instrument	instrument	NOUN
taxlaw-2799	1553	12	with	with	ADP
taxlaw-2799	1553	13	certain	certain	ADJ
taxlaw-2799	1553	14	payment	payment	NOUN
taxlaw-2799	1553	15	terms	term	NOUN
taxlaw-2799	1553	16	.	.	PUNCT
taxlaw-2799	1554	1	it	it	PRON
taxlaw-2799	1554	2	then	then	ADV
taxlaw-2799	1554	3	goes	go	VERB
taxlaw-2799	1554	4	on	on	ADP
taxlaw-2799	1554	5	to	to	PART
taxlaw-2799	1554	6	say	say	VERB
taxlaw-2799	1554	7	“	"	PUNCT
taxlaw-2799	1554	8	[	[	X
taxlaw-2799	1554	9	n]otional	n]otional	ADJ
taxlaw-2799	1554	10	principal	principal	ADJ
taxlaw-2799	1554	11	contracts	contract	NOUN
taxlaw-2799	1554	12	governed	govern	VERB
taxlaw-2799	1554	13	by	by	ADP
taxlaw-2799	1554	14	this	this	DET
taxlaw-2799	1554	15	section	section	NOUN
taxlaw-2799	1554	16	include	include	VERB
taxlaw-2799	1554	17	”	"	PUNCT
taxlaw-2799	1554	18	the	the	DET
taxlaw-2799	1554	19	list	list	NOUN
taxlaw-2799	1554	20	above	above	ADV
taxlaw-2799	1554	21	.	.	PUNCT
taxlaw-2799	1555	1	thus	thus	ADV
taxlaw-2799	1555	2	,	,	PUNCT
taxlaw-2799	1555	3	in	in	ADP
taxlaw-2799	1555	4	the	the	DET
taxlaw-2799	1555	5	npc	npc	NOUN
taxlaw-2799	1555	6	context	context	NOUN
taxlaw-2799	1555	7	,	,	PUNCT
taxlaw-2799	1555	8	the	the	DET
taxlaw-2799	1555	9	list	list	NOUN
taxlaw-2799	1555	10	is	be	AUX
taxlaw-2799	1555	11	illustrative	illustrative	ADJ
taxlaw-2799	1555	12	only	only	ADV
taxlaw-2799	1555	13	,	,	PUNCT
taxlaw-2799	1555	14	although	although	SCONJ
taxlaw-2799	1555	15	the	the	DET
taxlaw-2799	1555	16	illustration	illustration	NOUN
taxlaw-2799	1555	17	helps	help	VERB
taxlaw-2799	1555	18	to	to	PART
taxlaw-2799	1555	19	illuminate	illuminate	VERB
taxlaw-2799	1555	20	the	the	DET
taxlaw-2799	1555	21	meaning	meaning	NOUN
taxlaw-2799	1555	22	of	of	ADP
taxlaw-2799	1555	23	the	the	DET
taxlaw-2799	1555	24	definition	definition	NOUN
taxlaw-2799	1555	25	.	.	PUNCT
taxlaw-2799	1556	1	it	it	PRON
taxlaw-2799	1556	2	is	be	AUX
taxlaw-2799	1556	3	obvious	obvious	ADJ
taxlaw-2799	1556	4	from	from	ADP
taxlaw-2799	1556	5	a	a	DET
taxlaw-2799	1556	6	quick	quick	ADJ
taxlaw-2799	1556	7	glance	glance	NOUN
taxlaw-2799	1556	8	at	at	ADP
taxlaw-2799	1556	9	these	these	DET
taxlaw-2799	1556	10	lists	list	NOUN
taxlaw-2799	1556	11	that	that	SCONJ
taxlaw-2799	1556	12	the	the	DET
taxlaw-2799	1556	13	dodd	dodd	PROPN
taxlaw-2799	1556	14	-	-	PUNCT
taxlaw-2799	1556	15	frank	frank	ADJ
taxlaw-2799	1556	16	definition	definition	NOUN
taxlaw-2799	1556	17	of	of	ADP
taxlaw-2799	1556	18	swap	swap	NOUN
taxlaw-2799	1556	19	contains	contain	VERB
taxlaw-2799	1556	20	many	many	ADJ
taxlaw-2799	1556	21	types	type	NOUN
taxlaw-2799	1556	22	of	of	ADP
taxlaw-2799	1556	23	swaps	swap	NOUN
taxlaw-2799	1556	24	not	not	PART
taxlaw-2799	1556	25	included	include	VERB
taxlaw-2799	1556	26	in	in	ADP
taxlaw-2799	1556	27	the	the	DET
taxlaw-2799	1556	28	doddfrank	doddfrank	NOUN
taxlaw-2799	1556	29	§	§	PROPN
taxlaw-2799	1556	30	1256	1256	NUM
taxlaw-2799	1556	31	amendment	amendment	NOUN
taxlaw-2799	1556	32	,	,	PUNCT
taxlaw-2799	1556	33	and	and	CCONJ
taxlaw-2799	1556	34	has	have	VERB
taxlaw-2799	1556	35	some	some	DET
taxlaw-2799	1556	36	minor	minor	ADJ
taxlaw-2799	1556	37	differences	difference	NOUN
taxlaw-2799	1556	38	in	in	ADP
taxlaw-2799	1556	39	wording	wording	NOUN
taxlaw-2799	1556	40	.	.	PUNCT
taxlaw-2799	1557	1	it	it	PRON
taxlaw-2799	1557	2	is	be	AUX
taxlaw-2799	1557	3	also	also	ADV
taxlaw-2799	1557	4	obvious	obvious	ADJ
taxlaw-2799	1557	5	that	that	SCONJ
taxlaw-2799	1557	6	the	the	DET
taxlaw-2799	1557	7	composition	composition	NOUN
taxlaw-2799	1557	8	,	,	PUNCT
taxlaw-2799	1557	9	the	the	DET
taxlaw-2799	1557	10	wording	wording	NOUN
taxlaw-2799	1557	11	and	and	CCONJ
taxlaw-2799	1557	12	the	the	DET
taxlaw-2799	1557	13	ordering	ordering	NOUN
taxlaw-2799	1557	14	of	of	ADP
taxlaw-2799	1557	15	the	the	DET
taxlaw-2799	1557	16	list	list	NOUN
taxlaw-2799	1557	17	in	in	ADP
taxlaw-2799	1557	18	the	the	DET
taxlaw-2799	1557	19	amendment	amendment	NOUN
taxlaw-2799	1557	20	precisely	precisely	ADV
taxlaw-2799	1557	21	tracks	track	VERB
taxlaw-2799	1557	22	the	the	DET
taxlaw-2799	1557	23	list	list	NOUN
taxlaw-2799	1557	24	in	in	ADP
taxlaw-2799	1557	25	the	the	DET
taxlaw-2799	1557	26	npc	npc	NOUN
taxlaw-2799	1557	27	regulations	regulation	NOUN
taxlaw-2799	1557	28	,	,	PUNCT
taxlaw-2799	1557	29	except	except	SCONJ
taxlaw-2799	1557	30	for	for	ADP
taxlaw-2799	1557	31	the	the	DET
taxlaw-2799	1557	32	addition	addition	NOUN
taxlaw-2799	1557	33	of	of	ADP
taxlaw-2799	1557	34	cdss	cdss	NOUN
taxlaw-2799	1557	35	.	.	PUNCT
taxlaw-2799	1558	1	a	a	DET
taxlaw-2799	1558	2	natural	natural	ADJ
taxlaw-2799	1558	3	conclusion	conclusion	NOUN
taxlaw-2799	1558	4	that	that	PRON
taxlaw-2799	1558	5	could	could	AUX
taxlaw-2799	1558	6	be	be	AUX
taxlaw-2799	1558	7	drawn	draw	VERB
taxlaw-2799	1558	8	is	be	AUX
taxlaw-2799	1558	9	that	that	SCONJ
taxlaw-2799	1558	10	the	the	DET
taxlaw-2799	1558	11	§	§	PROPN
taxlaw-2799	1558	12	1256	1256	NUM
taxlaw-2799	1558	13	amendment	amendment	NOUN
taxlaw-2799	1558	14	was	be	AUX
taxlaw-2799	1558	15	intended	intend	VERB
taxlaw-2799	1558	16	to	to	PART
taxlaw-2799	1558	17	refer	refer	VERB
taxlaw-2799	1558	18	to	to	ADP
taxlaw-2799	1558	19	npcs	npc	NOUN
taxlaw-2799	1558	20	and	and	CCONJ
taxlaw-2799	1558	21	cdss	cdss	NOUN
taxlaw-2799	1558	22	.	.	PUNCT
taxlaw-2799	1559	1	however	however	ADV
taxlaw-2799	1559	2	,	,	PUNCT
taxlaw-2799	1559	3	other	other	ADJ
taxlaw-2799	1559	4	alternatives	alternative	NOUN
taxlaw-2799	1559	5	have	have	AUX
taxlaw-2799	1559	6	been	be	AUX
taxlaw-2799	1559	7	suggested	suggest	VERB
taxlaw-2799	1559	8	.	.	PUNCT
taxlaw-2799	1560	1	among	among	ADP
taxlaw-2799	1560	2	the	the	DET
taxlaw-2799	1560	3	alternative	alternative	ADJ
taxlaw-2799	1560	4	interpretations	interpretation	NOUN
taxlaw-2799	1560	5	of	of	ADP
taxlaw-2799	1560	6	the	the	DET
taxlaw-2799	1560	7	scope	scope	NOUN
taxlaw-2799	1560	8	of	of	ADP
taxlaw-2799	1560	9	the	the	DET
taxlaw-2799	1560	10	§	§	PROPN
taxlaw-2799	1560	11	1256	1256	NUM
taxlaw-2799	1560	12	amendment	amendment	NOUN
taxlaw-2799	1560	13	are	be	AUX
taxlaw-2799	1560	14	:	:	PUNCT
taxlaw-2799	1560	15	(	(	PUNCT
taxlaw-2799	1560	16	a	a	X
taxlaw-2799	1560	17	)	)	PUNCT
taxlaw-2799	1560	18	the	the	DET
taxlaw-2799	1560	19	nine	nine	NUM
taxlaw-2799	1560	20	contracts	contract	NOUN
taxlaw-2799	1560	21	enumerated	enumerate	VERB
taxlaw-2799	1560	22	in	in	ADP
taxlaw-2799	1560	23	the	the	DET
taxlaw-2799	1560	24	amendment	amendment	NOUN
taxlaw-2799	1560	25	and	and	CCONJ
taxlaw-2799	1560	26	no	no	DET
taxlaw-2799	1560	27	others	other	NOUN
taxlaw-2799	1560	28	;	;	PUNCT
taxlaw-2799	1560	29	a	a	DET
taxlaw-2799	1560	30	“	"	PUNCT
taxlaw-2799	1560	31	similar	similar	ADJ
taxlaw-2799	1560	32	”	"	PUNCT
taxlaw-2799	1560	33	agreement	agreement	NOUN
taxlaw-2799	1560	34	is	be	AUX
taxlaw-2799	1560	35	one	one	NUM
taxlaw-2799	1560	36	essentially	essentially	ADV
taxlaw-2799	1560	37	identical	identical	ADJ
taxlaw-2799	1560	38	to	to	ADP
taxlaw-2799	1560	39	one	one	NUM
taxlaw-2799	1560	40	of	of	ADP
taxlaw-2799	1560	41	the	the	DET
taxlaw-2799	1560	42	nine	nine	NUM
taxlaw-2799	1560	43	enumerated	enumerate	VERB
taxlaw-2799	1560	44	contracts	contract	NOUN
taxlaw-2799	1560	45	;	;	PUNCT
taxlaw-2799	1560	46	(	(	PUNCT
taxlaw-2799	1560	47	b	b	X
taxlaw-2799	1560	48	)	)	PUNCT
taxlaw-2799	1560	49	npcs	npc	NOUN
taxlaw-2799	1560	50	and	and	CCONJ
taxlaw-2799	1560	51	cdss	cdss	NOUN
taxlaw-2799	1560	52	;	;	PUNCT
taxlaw-2799	1560	53	a	a	DET
taxlaw-2799	1560	54	“	"	PUNCT
taxlaw-2799	1560	55	similar	similar	ADJ
taxlaw-2799	1560	56	”	"	PUNCT
taxlaw-2799	1560	57	agreement	agreement	NOUN
taxlaw-2799	1560	58	is	be	AUX
taxlaw-2799	1560	59	an	an	DET
taxlaw-2799	1560	60	npc	npc	NOUN
taxlaw-2799	1560	61	that	that	PRON
taxlaw-2799	1560	62	is	be	AUX
taxlaw-2799	1560	63	not	not	PART
taxlaw-2799	1560	64	specifically	specifically	ADV
taxlaw-2799	1560	65	enumerated	enumerate	VERB
taxlaw-2799	1560	66	;	;	PUNCT
taxlaw-2799	1560	67	(	(	PUNCT
taxlaw-2799	1560	68	c	c	X
taxlaw-2799	1560	69	)	)	PUNCT
taxlaw-2799	1560	70	npcs	npc	NOUN
taxlaw-2799	1560	71	,	,	PUNCT
taxlaw-2799	1560	72	cdss	cdss	NOUN
taxlaw-2799	1560	73	and	and	CCONJ
taxlaw-2799	1560	74	agreements	agreement	NOUN
taxlaw-2799	1560	75	that	that	PRON
taxlaw-2799	1560	76	are	be	AUX
taxlaw-2799	1560	77	similar	similar	ADJ
taxlaw-2799	1560	78	in	in	ADP
taxlaw-2799	1560	79	that	that	SCONJ
taxlaw-2799	1560	80	they	they	PRON
taxlaw-2799	1560	81	are	be	AUX
taxlaw-2799	1560	82	based	base	VERB
taxlaw-2799	1560	83	on	on	ADP
taxlaw-2799	1560	84	npcs	npc	NOUN
taxlaw-2799	1560	85	or	or	CCONJ
taxlaw-2799	1560	86	cdss	cdss	NOUN
taxlaw-2799	1560	87	,	,	PUNCT
taxlaw-2799	1560	88	for	for	ADP
taxlaw-2799	1560	89	example	example	NOUN
taxlaw-2799	1560	90	a	a	DET
taxlaw-2799	1560	91	forward	forward	NOUN
taxlaw-2799	1560	92	or	or	CCONJ
taxlaw-2799	1560	93	option	option	NOUN
taxlaw-2799	1560	94	to	to	PART
taxlaw-2799	1560	95	enter	enter	VERB
taxlaw-2799	1560	96	into	into	ADP
taxlaw-2799	1560	97	an	an	DET
taxlaw-2799	1560	98	npc	npc	NOUN
taxlaw-2799	1560	99	;	;	PUNCT
taxlaw-2799	1560	100	(	(	PUNCT
taxlaw-2799	1560	101	d	d	X
taxlaw-2799	1560	102	)	)	PUNCT
taxlaw-2799	1560	103	“	"	PUNCT
taxlaw-2799	1560	104	modern	modern	ADJ
taxlaw-2799	1560	105	”	"	PUNCT
taxlaw-2799	1560	106	contracts	contract	NOUN
taxlaw-2799	1560	107	,	,	PUNCT
taxlaw-2799	1560	108	i.e.	i.e.	X
taxlaw-2799	1560	109	,	,	PUNCT
taxlaw-2799	1560	110	contracts	contract	NOUN
taxlaw-2799	1560	111	historically	historically	ADV
taxlaw-2799	1560	112	traded	trade	VERB
taxlaw-2799	1560	113	on	on	ADP
taxlaw-2799	1560	114	commodities	commodity	NOUN
taxlaw-2799	1560	115	exchanges	exchange	NOUN
taxlaw-2799	1560	116	should	should	AUX
taxlaw-2799	1560	117	remain	remain	VERB
taxlaw-2799	1560	118	section	section	NOUN
taxlaw-2799	1560	119	1256	1256	NUM
taxlaw-2799	1560	120	contracts	contract	NOUN
taxlaw-2799	1560	121	,	,	PUNCT
taxlaw-2799	1560	122	but	but	CCONJ
taxlaw-2799	1560	123	more	more	ADV
taxlaw-2799	1560	124	recently	recently	ADV
taxlaw-2799	1560	125	developed	develop	VERB
taxlaw-2799	1560	126	types	type	NOUN
taxlaw-2799	1560	127	of	of	ADP
taxlaw-2799	1560	128	derivatives	derivative	NOUN
taxlaw-2799	1560	129	should	should	AUX
taxlaw-2799	1560	130	not	not	PART
taxlaw-2799	1560	131	become	become	VERB
taxlaw-2799	1560	132	section	section	NOUN
taxlaw-2799	1560	133	1256	1256	NUM
taxlaw-2799	1560	134	contracts	contract	NOUN
taxlaw-2799	1560	135	;	;	PUNCT
taxlaw-2799	1560	136	or	or	CCONJ
taxlaw-2799	1560	137	(	(	PUNCT
taxlaw-2799	1560	138	e	e	X
taxlaw-2799	1560	139	)	)	PUNCT
taxlaw-2799	1560	140	any	any	DET
taxlaw-2799	1560	141	swap	swap	NOUN
taxlaw-2799	1560	142	listed	list	VERB
taxlaw-2799	1560	143	in	in	ADP
taxlaw-2799	1560	144	the	the	DET
taxlaw-2799	1560	145	definition	definition	NOUN
taxlaw-2799	1560	146	of	of	ADP
taxlaw-2799	1560	147	dodd	dodd	PROPN
taxlaw-2799	1560	148	-	-	PUNCT
taxlaw-2799	1560	149	frank	frank	PROPN
taxlaw-2799	1560	150	;	;	PUNCT
taxlaw-2799	1560	151	a	a	DET
taxlaw-2799	1560	152	“	"	PUNCT
taxlaw-2799	1560	153	similar	similar	ADJ
taxlaw-2799	1560	154	”	"	PUNCT
taxlaw-2799	1560	155	agreement	agreement	NOUN
taxlaw-2799	1560	156	is	be	AUX
taxlaw-2799	1560	157	one	one	NUM
taxlaw-2799	1560	158	that	that	PRON
taxlaw-2799	1560	159	is	be	AUX
taxlaw-2799	1560	160	a	a	DET
taxlaw-2799	1560	161	dodd	dodd	PROPN
taxlaw-2799	1560	162	-	-	PUNCT
taxlaw-2799	1560	163	frank	frank	ADJ
taxlaw-2799	1560	164	“	"	PUNCT
taxlaw-2799	1560	165	swap	swap	NOUN
taxlaw-2799	1560	166	.	.	PUNCT
taxlaw-2799	1560	167	”	"	PUNCT
taxlaw-2799	1561	1	since	since	SCONJ
taxlaw-2799	1561	2	the	the	DET
taxlaw-2799	1561	3	doddfrank	doddfrank	NOUN
taxlaw-2799	1561	4	definition	definition	NOUN
taxlaw-2799	1561	5	of	of	ADP
taxlaw-2799	1561	6	swap	swap	NOUN
taxlaw-2799	1561	7	excludes	exclude	NOUN
taxlaw-2799	1561	8	futures	future	NOUN
taxlaw-2799	1561	9	contracts	contract	NOUN
taxlaw-2799	1561	10	,	,	PUNCT
taxlaw-2799	1561	11	this	this	PRON
taxlaw-2799	1561	12	should	should	AUX
taxlaw-2799	1561	13	be	be	AUX
taxlaw-2799	1561	14	understood	understand	VERB
taxlaw-2799	1561	15	to	to	PART
taxlaw-2799	1561	16	mean	mean	VERB
taxlaw-2799	1561	17	all	all	DET
taxlaw-2799	1561	18	derivatives	derivative	NOUN
taxlaw-2799	1561	19	other	other	ADJ
taxlaw-2799	1561	20	than	than	ADP
taxlaw-2799	1561	21	futures	future	NOUN
taxlaw-2799	1561	22	contracts	contract	NOUN
taxlaw-2799	1561	23	and	and	CCONJ
taxlaw-2799	1561	24	other	other	ADJ
taxlaw-2799	1561	25	types	type	NOUN
taxlaw-2799	1561	26	of	of	ADP
taxlaw-2799	1561	27	contracts	contract	NOUN
taxlaw-2799	1561	28	specifically	specifically	ADV
taxlaw-2799	1561	29	excluded	exclude	VERB
taxlaw-2799	1561	30	from	from	ADP
taxlaw-2799	1561	31	the	the	DET
taxlaw-2799	1561	32	dodd	dodd	PROPN
taxlaw-2799	1561	33	-	-	PUNCT
taxlaw-2799	1561	34	frank	frank	ADJ
taxlaw-2799	1561	35	definition	definition	NOUN
taxlaw-2799	1561	36	of	of	ADP
taxlaw-2799	1561	37	swap.136	swap.136	ADJ
taxlaw-2799	1561	38	other	other	ADJ
taxlaw-2799	1561	39	alternatives	alternative	NOUN
taxlaw-2799	1561	40	are	be	AUX
taxlaw-2799	1561	41	possible	possible	ADJ
taxlaw-2799	1561	42	.	.	PUNCT
taxlaw-2799	1562	1	for	for	ADP
taxlaw-2799	1562	2	example	example	NOUN
taxlaw-2799	1562	3	,	,	PUNCT
taxlaw-2799	1562	4	another	another	DET
taxlaw-2799	1562	5	possibility	possibility	NOUN
taxlaw-2799	1562	6	would	would	AUX
taxlaw-2799	1562	7	be	be	AUX
taxlaw-2799	1562	8	that	that	SCONJ
taxlaw-2799	1562	9	the	the	DET
taxlaw-2799	1562	10	§	§	PROPN
taxlaw-2799	1562	11	1256	1256	NUM
taxlaw-2799	1562	12	amendment	amendment	NOUN
taxlaw-2799	1562	13	applies	apply	VERB
taxlaw-2799	1562	14	to	to	ADP
taxlaw-2799	1562	15	any	any	DET
taxlaw-2799	1562	16	specifically	specifically	ADV
taxlaw-2799	1562	17	enumerated	enumerate	VERB
taxlaw-2799	1562	18	swap	swap	NOUN
taxlaw-2799	1562	19	and	and	CCONJ
taxlaw-2799	1562	20	any	any	DET
taxlaw-2799	1562	21	other	other	ADJ
taxlaw-2799	1562	22	derivative	derivative	NOUN
taxlaw-2799	1562	23	on	on	ADP
taxlaw-2799	1562	24	the	the	DET
taxlaw-2799	1562	25	same	same	ADJ
taxlaw-2799	1562	26	underlying	underlying	ADJ
taxlaw-2799	1562	27	risk	risk	NOUN
taxlaw-2799	1562	28	.	.	PUNCT
taxlaw-2799	1563	1	to	to	ADP
taxlaw-2799	1563	2	this	this	DET
taxlaw-2799	1563	3	observer	observer	NOUN
taxlaw-2799	1563	4	,	,	PUNCT
taxlaw-2799	1563	5	the	the	DET
taxlaw-2799	1563	6	most	most	ADV
taxlaw-2799	1563	7	likely	likely	ADJ
taxlaw-2799	1563	8	of	of	ADP
taxlaw-2799	1563	9	these	these	DET
taxlaw-2799	1563	10	alternatives	alternative	NOUN
taxlaw-2799	1563	11	is	be	AUX
taxlaw-2799	1563	12	that	that	SCONJ
taxlaw-2799	1563	13	the	the	DET
taxlaw-2799	1563	14	core	core	NOUN
taxlaw-2799	1563	15	of	of	ADP
taxlaw-2799	1563	16	the	the	DET
taxlaw-2799	1563	17	amendment	amendment	NOUN
taxlaw-2799	1563	18	is	be	AUX
taxlaw-2799	1563	19	that	that	SCONJ
taxlaw-2799	1563	20	it	it	PRON
taxlaw-2799	1563	21	applies	apply	VERB
taxlaw-2799	1563	22	to	to	ADP
taxlaw-2799	1563	23	npcs	npc	NOUN
taxlaw-2799	1563	24	,	,	PUNCT
taxlaw-2799	1563	25	meaning	mean	VERB
taxlaw-2799	1563	26	that	that	SCONJ
taxlaw-2799	1563	27	alternatives	alternative	NOUN
taxlaw-2799	1563	28	(	(	PUNCT
taxlaw-2799	1563	29	b	b	NOUN
taxlaw-2799	1563	30	)	)	PUNCT
taxlaw-2799	1563	31	and	and	CCONJ
taxlaw-2799	1563	32	(	(	PUNCT
taxlaw-2799	1563	33	c	c	X
taxlaw-2799	1563	34	)	)	PUNCT
taxlaw-2799	1563	35	are	be	AUX
taxlaw-2799	1563	36	the	the	DET
taxlaw-2799	1563	37	most	most	ADV
taxlaw-2799	1563	38	likely	likely	ADJ
taxlaw-2799	1563	39	possibilities	possibility	NOUN
taxlaw-2799	1563	40	.	.	PUNCT
taxlaw-2799	1564	1	to	to	PART
taxlaw-2799	1564	2	explain	explain	VERB
taxlaw-2799	1564	3	this	this	DET
taxlaw-2799	1564	4	conclusion	conclusion	NOUN
taxlaw-2799	1564	5	,	,	PUNCT
taxlaw-2799	1564	6	a	a	DET
taxlaw-2799	1564	7	136	136	NUM
taxlaw-2799	1564	8	for	for	ADP
taxlaw-2799	1564	9	some	some	DET
taxlaw-2799	1564	10	discussion	discussion	NOUN
taxlaw-2799	1564	11	of	of	ADP
taxlaw-2799	1564	12	these	these	DET
taxlaw-2799	1564	13	various	various	ADJ
taxlaw-2799	1564	14	alternatives	alternative	NOUN
taxlaw-2799	1564	15	,	,	PUNCT
taxlaw-2799	1564	16	see	see	VERB
taxlaw-2799	1564	17	amy	amy	PROPN
taxlaw-2799	1564	18	s.	s.	PROPN
taxlaw-2799	1564	19	elliott	elliott	PROPN
taxlaw-2799	1564	20	,	,	PUNCT
taxlaw-2799	1564	21	irs	irs	PROPN
taxlaw-2799	1564	22	may	may	AUX
taxlaw-2799	1564	23	restrict	restrict	VERB
taxlaw-2799	1564	24	definition	definition	NOUN
taxlaw-2799	1564	25	of	of	ADP
taxlaw-2799	1564	26	swap	swap	NOUN
taxlaw-2799	1564	27	to	to	ADP
taxlaw-2799	1564	28	otional	otional	ADJ
taxlaw-2799	1564	29	principal	principal	ADJ
taxlaw-2799	1564	30	contracts	contract	NOUN
taxlaw-2799	1564	31	(	(	PUNCT
taxlaw-2799	1564	32	dec	dec	PROPN
taxlaw-2799	1564	33	.	.	PROPN
taxlaw-2799	1564	34	15	15	NUM
taxlaw-2799	1564	35	,	,	PUNCT
taxlaw-2799	1564	36	2010	2010	NUM
taxlaw-2799	1564	37	)	)	PUNCT
taxlaw-2799	1564	38	,	,	PUNCT
taxlaw-2799	1564	39	available	available	ADJ
taxlaw-2799	1564	40	at	at	ADP
taxlaw-2799	1564	41	2010	2010	NUM
taxlaw-2799	1564	42	tnt	tnt	NOUN
taxlaw-2799	1564	43	240	240	NUM
taxlaw-2799	1564	44	-	-	SYM
taxlaw-2799	1564	45	3	3	NUM
taxlaw-2799	1564	46	.	.	NOUN
taxlaw-2799	1564	47	2011	2011	NUM
taxlaw-2799	1564	48	]	]	PUNCT
taxlaw-2799	1564	49	ew	ew	AUX
taxlaw-2799	1564	50	tax	tax	NOUN
taxlaw-2799	1564	51	issues	issue	NOUN
taxlaw-2799	1564	52	arisi	arisi	VERB
taxlaw-2799	1564	53	g	g	PROPN
taxlaw-2799	1564	54	from	from	ADP
taxlaw-2799	1564	55	the	the	DET
taxlaw-2799	1564	56	dodd	dodd	NOUN
taxlaw-2799	1564	57	-	-	PUNCT
taxlaw-2799	1564	58	fra	fra	PROPN
taxlaw-2799	1564	59	k	k	PROPN
taxlaw-2799	1564	60	act	act	VERB
taxlaw-2799	1564	61	77	77	NUM
taxlaw-2799	1564	62	few	few	ADJ
taxlaw-2799	1564	63	observations	observation	NOUN
taxlaw-2799	1564	64	are	be	AUX
taxlaw-2799	1564	65	in	in	ADP
taxlaw-2799	1564	66	order	order	NOUN
taxlaw-2799	1564	67	before	before	ADP
taxlaw-2799	1564	68	considering	consider	VERB
taxlaw-2799	1564	69	what	what	PRON
taxlaw-2799	1564	70	additional	additional	ADJ
taxlaw-2799	1564	71	insight	insight	NOUN
taxlaw-2799	1564	72	the	the	DET
taxlaw-2799	1564	73	legislative	legislative	ADJ
taxlaw-2799	1564	74	history	history	NOUN
taxlaw-2799	1564	75	may	may	AUX
taxlaw-2799	1564	76	provide	provide	VERB
taxlaw-2799	1564	77	.	.	PUNCT
taxlaw-2799	1565	1	the	the	DET
taxlaw-2799	1565	2	first	first	ADJ
taxlaw-2799	1565	3	alternative	alternative	NOUN
taxlaw-2799	1565	4	offers	offer	VERB
taxlaw-2799	1565	5	the	the	DET
taxlaw-2799	1565	6	impression	impression	NOUN
taxlaw-2799	1565	7	of	of	ADP
taxlaw-2799	1565	8	simplicity	simplicity	NOUN
taxlaw-2799	1565	9	but	but	CCONJ
taxlaw-2799	1565	10	suffers	suffer	VERB
taxlaw-2799	1565	11	from	from	ADP
taxlaw-2799	1565	12	the	the	DET
taxlaw-2799	1565	13	fact	fact	NOUN
taxlaw-2799	1565	14	that	that	SCONJ
taxlaw-2799	1565	15	it	it	PRON
taxlaw-2799	1565	16	seems	seem	VERB
taxlaw-2799	1565	17	entirely	entirely	ADV
taxlaw-2799	1565	18	arbitrary	arbitrary	ADJ
taxlaw-2799	1565	19	.	.	PUNCT
taxlaw-2799	1566	1	why	why	SCONJ
taxlaw-2799	1566	2	include	include	VERB
taxlaw-2799	1566	3	an	an	DET
taxlaw-2799	1566	4	equity	equity	NOUN
taxlaw-2799	1566	5	swap	swap	NOUN
taxlaw-2799	1566	6	but	but	CCONJ
taxlaw-2799	1566	7	not	not	PART
taxlaw-2799	1566	8	a	a	DET
taxlaw-2799	1566	9	swap	swap	NOUN
taxlaw-2799	1566	10	on	on	ADP
taxlaw-2799	1566	11	debt	debt	NOUN
taxlaw-2799	1566	12	instruments	instrument	NOUN
taxlaw-2799	1566	13	?	?	PUNCT
taxlaw-2799	1567	1	what	what	PRON
taxlaw-2799	1567	2	is	be	AUX
taxlaw-2799	1567	3	the	the	DET
taxlaw-2799	1567	4	difference	difference	NOUN
taxlaw-2799	1567	5	between	between	ADP
taxlaw-2799	1567	6	a	a	DET
taxlaw-2799	1567	7	currency	currency	NOUN
taxlaw-2799	1567	8	swap	swap	NOUN
taxlaw-2799	1567	9	and	and	CCONJ
taxlaw-2799	1567	10	a	a	DET
taxlaw-2799	1567	11	foreign	foreign	ADJ
taxlaw-2799	1567	12	exchange	exchange	NOUN
taxlaw-2799	1567	13	swap	swap	NOUN
taxlaw-2799	1567	14	?	?	PUNCT
taxlaw-2799	1568	1	in	in	ADP
taxlaw-2799	1568	2	view	view	NOUN
taxlaw-2799	1568	3	of	of	ADP
taxlaw-2799	1568	4	the	the	DET
taxlaw-2799	1568	5	fact	fact	NOUN
taxlaw-2799	1568	6	that	that	SCONJ
taxlaw-2799	1568	7	agricultural	agricultural	ADJ
taxlaw-2799	1568	8	products	product	NOUN
taxlaw-2799	1568	9	and	and	CCONJ
taxlaw-2799	1568	10	natural	natural	ADJ
taxlaw-2799	1568	11	resources	resource	NOUN
taxlaw-2799	1568	12	are	be	AUX
taxlaw-2799	1568	13	commodities	commodity	NOUN
taxlaw-2799	1568	14	,	,	PUNCT
taxlaw-2799	1568	15	what	what	PRON
taxlaw-2799	1568	16	would	would	AUX
taxlaw-2799	1568	17	it	it	PRON
taxlaw-2799	1568	18	mean	mean	VERB
taxlaw-2799	1568	19	to	to	PART
taxlaw-2799	1568	20	include	include	VERB
taxlaw-2799	1568	21	commodity	commodity	NOUN
taxlaw-2799	1568	22	swaps	swap	NOUN
taxlaw-2799	1568	23	but	but	CCONJ
taxlaw-2799	1568	24	exclude	exclude	VERB
taxlaw-2799	1568	25	agricultural	agricultural	ADJ
taxlaw-2799	1568	26	swaps	swap	NOUN
taxlaw-2799	1568	27	,	,	PUNCT
taxlaw-2799	1568	28	energy	energy	NOUN
taxlaw-2799	1568	29	swaps	swap	NOUN
taxlaw-2799	1568	30	and	and	CCONJ
taxlaw-2799	1568	31	metal	metal	NOUN
taxlaw-2799	1568	32	swaps	swap	NOUN
taxlaw-2799	1568	33	?	?	PUNCT
taxlaw-2799	1569	1	the	the	DET
taxlaw-2799	1569	2	fact	fact	NOUN
taxlaw-2799	1569	3	that	that	SCONJ
taxlaw-2799	1569	4	slightly	slightly	ADV
taxlaw-2799	1569	5	different	different	ADJ
taxlaw-2799	1569	6	wording	wording	NOUN
taxlaw-2799	1569	7	is	be	AUX
taxlaw-2799	1569	8	used	use	VERB
taxlaw-2799	1569	9	in	in	ADP
taxlaw-2799	1569	10	the	the	DET
taxlaw-2799	1569	11	§	§	PROPN
taxlaw-2799	1569	12	1256	1256	NUM
taxlaw-2799	1569	13	amendment	amendment	NOUN
taxlaw-2799	1569	14	and	and	CCONJ
taxlaw-2799	1569	15	the	the	DET
taxlaw-2799	1569	16	dodd	dodd	PROPN
taxlaw-2799	1569	17	-	-	PUNCT
taxlaw-2799	1569	18	frank	frank	PROPN
taxlaw-2799	1569	19	swap	swap	NOUN
taxlaw-2799	1569	20	definition	definition	NOUN
taxlaw-2799	1569	21	for	for	ADP
taxlaw-2799	1569	22	interest	interest	NOUN
taxlaw-2799	1569	23	rate	rate	NOUN
taxlaw-2799	1569	24	caps	cap	NOUN
taxlaw-2799	1569	25	and	and	CCONJ
taxlaw-2799	1569	26	floors	floor	NOUN
taxlaw-2799	1569	27	also	also	ADV
taxlaw-2799	1569	28	suggests	suggest	VERB
taxlaw-2799	1569	29	that	that	SCONJ
taxlaw-2799	1569	30	the	the	DET
taxlaw-2799	1569	31	drafter	drafter	NOUN
taxlaw-2799	1569	32	of	of	ADP
taxlaw-2799	1569	33	the	the	DET
taxlaw-2799	1569	34	amendment	amendment	NOUN
taxlaw-2799	1569	35	was	be	AUX
taxlaw-2799	1569	36	not	not	PART
taxlaw-2799	1569	37	looking	look	VERB
taxlaw-2799	1569	38	to	to	ADP
taxlaw-2799	1569	39	the	the	DET
taxlaw-2799	1569	40	swap	swap	NOUN
taxlaw-2799	1569	41	definition	definition	NOUN
taxlaw-2799	1569	42	.	.	PUNCT
taxlaw-2799	1570	1	the	the	DET
taxlaw-2799	1570	2	second	second	ADJ
taxlaw-2799	1570	3	alternative	alternative	NOUN
taxlaw-2799	1570	4	has	have	VERB
taxlaw-2799	1570	5	the	the	DET
taxlaw-2799	1570	6	virtues	virtue	NOUN
taxlaw-2799	1570	7	that	that	SCONJ
taxlaw-2799	1570	8	on	on	ADP
taxlaw-2799	1570	9	its	its	PRON
taxlaw-2799	1570	10	face	face	NOUN
taxlaw-2799	1570	11	it	it	PRON
taxlaw-2799	1570	12	corresponds	correspond	VERB
taxlaw-2799	1570	13	to	to	ADP
taxlaw-2799	1570	14	existing	exist	VERB
taxlaw-2799	1570	15	law	law	NOUN
taxlaw-2799	1570	16	(	(	PUNCT
taxlaw-2799	1570	17	the	the	DET
taxlaw-2799	1570	18	npc	npc	NOUN
taxlaw-2799	1570	19	definition	definition	NOUN
taxlaw-2799	1570	20	)	)	PUNCT
taxlaw-2799	1570	21	and	and	CCONJ
taxlaw-2799	1570	22	can	can	AUX
taxlaw-2799	1570	23	be	be	AUX
taxlaw-2799	1570	24	interpreted	interpret	VERB
taxlaw-2799	1570	25	by	by	ADP
taxlaw-2799	1570	26	reference	reference	NOUN
taxlaw-2799	1570	27	to	to	ADP
taxlaw-2799	1570	28	well	well	ADV
taxlaw-2799	1570	29	-	-	PUNCT
taxlaw-2799	1570	30	known	know	VERB
taxlaw-2799	1570	31	rules	rule	NOUN
taxlaw-2799	1570	32	;	;	PUNCT
taxlaw-2799	1570	33	it	it	PRON
taxlaw-2799	1570	34	is	be	AUX
taxlaw-2799	1570	35	principled	principle	VERB
taxlaw-2799	1570	36	in	in	ADP
taxlaw-2799	1570	37	that	that	SCONJ
taxlaw-2799	1570	38	it	it	PRON
taxlaw-2799	1570	39	takes	take	VERB
taxlaw-2799	1570	40	into	into	ADP
taxlaw-2799	1570	41	account	account	NOUN
taxlaw-2799	1570	42	that	that	SCONJ
taxlaw-2799	1570	43	§	§	PROPN
taxlaw-2799	1570	44	1256	1256	NUM
taxlaw-2799	1570	45	has	have	VERB
taxlaw-2799	1570	46	no	no	DET
taxlaw-2799	1570	47	rules	rule	NOUN
taxlaw-2799	1570	48	for	for	ADP
taxlaw-2799	1570	49	derivatives	derivative	NOUN
taxlaw-2799	1570	50	with	with	ADP
taxlaw-2799	1570	51	periodic	periodic	ADJ
taxlaw-2799	1570	52	payments	payment	NOUN
taxlaw-2799	1570	53	;	;	PUNCT
taxlaw-2799	1570	54	and	and	CCONJ
taxlaw-2799	1570	55	it	it	PRON
taxlaw-2799	1570	56	covers	cover	VERB
taxlaw-2799	1570	57	a	a	DET
taxlaw-2799	1570	58	large	large	ADJ
taxlaw-2799	1570	59	part	part	NOUN
taxlaw-2799	1570	60	of	of	ADP
taxlaw-2799	1570	61	the	the	DET
taxlaw-2799	1570	62	derivatives	derivative	NOUN
taxlaw-2799	1570	63	market	market	NOUN
taxlaw-2799	1570	64	,	,	PUNCT
taxlaw-2799	1570	65	which	which	PRON
taxlaw-2799	1570	66	seems	seem	VERB
taxlaw-2799	1570	67	like	like	ADP
taxlaw-2799	1570	68	a	a	DET
taxlaw-2799	1570	69	necessary	necessary	ADJ
taxlaw-2799	1570	70	condition	condition	NOUN
taxlaw-2799	1570	71	in	in	ADP
taxlaw-2799	1570	72	view	view	NOUN
taxlaw-2799	1570	73	of	of	ADP
taxlaw-2799	1570	74	the	the	DET
taxlaw-2799	1570	75	fact	fact	NOUN
taxlaw-2799	1570	76	that	that	SCONJ
taxlaw-2799	1570	77	the	the	DET
taxlaw-2799	1570	78	amendment	amendment	NOUN
taxlaw-2799	1570	79	eliminated	eliminate	VERB
taxlaw-2799	1570	80	the	the	DET
taxlaw-2799	1570	81	estimated	estimate	VERB
taxlaw-2799	1570	82	revenue	revenue	NOUN
taxlaw-2799	1570	83	loss	loss	NOUN
taxlaw-2799	1570	84	from	from	ADP
taxlaw-2799	1570	85	the	the	DET
taxlaw-2799	1570	86	derivatives	derivative	NOUN
taxlaw-2799	1570	87	part	part	NOUN
taxlaw-2799	1570	88	of	of	ADP
taxlaw-2799	1570	89	dodd	dodd	NOUN
taxlaw-2799	1570	90	-	-	PUNCT
taxlaw-2799	1570	91	frank.137	frank.137	NOUN
taxlaw-2799	1570	92	however	however	ADV
taxlaw-2799	1570	93	,	,	PUNCT
taxlaw-2799	1570	94	it	it	PRON
taxlaw-2799	1570	95	is	be	AUX
taxlaw-2799	1570	96	not	not	PART
taxlaw-2799	1570	97	possible	possible	ADJ
taxlaw-2799	1570	98	to	to	PART
taxlaw-2799	1570	99	prove	prove	VERB
taxlaw-2799	1570	100	that	that	SCONJ
taxlaw-2799	1570	101	the	the	DET
taxlaw-2799	1570	102	correspondence	correspondence	NOUN
taxlaw-2799	1570	103	with	with	ADP
taxlaw-2799	1570	104	the	the	DET
taxlaw-2799	1570	105	npc	npc	NOUN
taxlaw-2799	1570	106	definition	definition	NOUN
taxlaw-2799	1570	107	was	be	AUX
taxlaw-2799	1570	108	deliberate.138	deliberate.138	VERB
taxlaw-2799	1570	109	this	this	DET
taxlaw-2799	1570	110	alternative	alternative	NOUN
taxlaw-2799	1570	111	also	also	ADV
taxlaw-2799	1570	112	would	would	AUX
taxlaw-2799	1570	113	exclude	exclude	VERB
taxlaw-2799	1570	114	derivatives	derivative	NOUN
taxlaw-2799	1570	115	that	that	SCONJ
taxlaw-2799	1570	116	one	one	PRON
taxlaw-2799	1570	117	might	might	AUX
taxlaw-2799	1570	118	believe	believe	VERB
taxlaw-2799	1570	119	should	should	AUX
taxlaw-2799	1570	120	be	be	AUX
taxlaw-2799	1570	121	within	within	ADP
taxlaw-2799	1570	122	the	the	DET
taxlaw-2799	1570	123	scope	scope	NOUN
taxlaw-2799	1570	124	of	of	ADP
taxlaw-2799	1570	125	the	the	DET
taxlaw-2799	1570	126	amendment	amendment	NOUN
taxlaw-2799	1570	127	,	,	PUNCT
taxlaw-2799	1570	128	as	as	ADP
taxlaw-2799	1570	129	for	for	ADP
taxlaw-2799	1570	130	example	example	NOUN
taxlaw-2799	1570	131	swaptions	swaption	NOUN
taxlaw-2799	1570	132	.	.	PUNCT
taxlaw-2799	1571	1	the	the	DET
taxlaw-2799	1571	2	third	third	ADJ
taxlaw-2799	1571	3	alternative	alternative	ADJ
taxlaw-2799	1571	4	treats	treat	VERB
taxlaw-2799	1571	5	the	the	DET
taxlaw-2799	1571	6	specifically	specifically	ADV
taxlaw-2799	1571	7	named	name	VERB
taxlaw-2799	1571	8	contracts	contract	NOUN
taxlaw-2799	1571	9	as	as	ADP
taxlaw-2799	1571	10	npcs	npc	NOUN
taxlaw-2799	1571	11	and	and	CCONJ
taxlaw-2799	1571	12	cdss	cdss	NOUN
taxlaw-2799	1571	13	,	,	PUNCT
taxlaw-2799	1571	14	but	but	CCONJ
taxlaw-2799	1571	15	takes	take	VERB
taxlaw-2799	1571	16	a	a	DET
taxlaw-2799	1571	17	broader	broad	ADJ
taxlaw-2799	1571	18	view	view	NOUN
taxlaw-2799	1571	19	of	of	ADP
taxlaw-2799	1571	20	what	what	PRON
taxlaw-2799	1571	21	constitutes	constitute	VERB
taxlaw-2799	1571	22	a	a	DET
taxlaw-2799	1571	23	“	"	PUNCT
taxlaw-2799	1571	24	similar	similar	ADJ
taxlaw-2799	1571	25	agreement	agreement	NOUN
taxlaw-2799	1571	26	.	.	PUNCT
taxlaw-2799	1571	27	”	"	PUNCT
taxlaw-2799	1572	1	the	the	DET
taxlaw-2799	1572	2	principal	principal	ADJ
taxlaw-2799	1572	3	difficulty	difficulty	NOUN
taxlaw-2799	1572	4	with	with	ADP
taxlaw-2799	1572	5	this	this	DET
taxlaw-2799	1572	6	interpretation	interpretation	NOUN
taxlaw-2799	1572	7	is	be	AUX
taxlaw-2799	1572	8	that	that	SCONJ
taxlaw-2799	1572	9	it	it	PRON
taxlaw-2799	1572	10	is	be	AUX
taxlaw-2799	1572	11	difficult	difficult	ADJ
taxlaw-2799	1572	12	to	to	PART
taxlaw-2799	1572	13	articulate	articulate	VERB
taxlaw-2799	1572	14	the	the	DET
taxlaw-2799	1572	15	outer	outer	ADJ
taxlaw-2799	1572	16	boundaries	boundary	NOUN
taxlaw-2799	1572	17	of	of	ADP
taxlaw-2799	1572	18	what	what	PRON
taxlaw-2799	1572	19	constitutes	constitute	VERB
taxlaw-2799	1572	20	a	a	DET
taxlaw-2799	1572	21	similar	similar	ADJ
taxlaw-2799	1572	22	agreement	agreement	NOUN
taxlaw-2799	1572	23	.	.	PUNCT
taxlaw-2799	1573	1	this	this	PRON
taxlaw-2799	1573	2	is	be	AUX
taxlaw-2799	1573	3	of	of	ADP
taxlaw-2799	1573	4	particular	particular	ADJ
taxlaw-2799	1573	5	concern	concern	NOUN
taxlaw-2799	1573	6	when	when	SCONJ
taxlaw-2799	1573	7	trying	try	VERB
taxlaw-2799	1573	8	to	to	PART
taxlaw-2799	1573	9	ensure	ensure	VERB
taxlaw-2799	1573	10	that	that	SCONJ
taxlaw-2799	1573	11	the	the	DET
taxlaw-2799	1573	12	definition	definition	NOUN
taxlaw-2799	1573	13	does	do	AUX
taxlaw-2799	1573	14	not	not	PART
taxlaw-2799	1573	15	inadvertently	inadvertently	ADV
taxlaw-2799	1573	16	turn	turn	VERB
taxlaw-2799	1573	17	derivatives	derivative	NOUN
taxlaw-2799	1573	18	that	that	PRON
taxlaw-2799	1573	19	were	be	AUX
taxlaw-2799	1573	20	section	section	NOUN
taxlaw-2799	1573	21	1256	1256	NUM
taxlaw-2799	1573	22	contracts	contract	NOUN
taxlaw-2799	1573	23	prior	prior	ADV
taxlaw-2799	1573	24	to	to	ADP
taxlaw-2799	1573	25	the	the	DET
taxlaw-2799	1573	26	enactment	enactment	NOUN
taxlaw-2799	1573	27	of	of	ADP
taxlaw-2799	1573	28	dodd	dodd	PROPN
taxlaw-2799	1573	29	-	-	PUNCT
taxlaw-2799	1573	30	frank	frank	PROPN
taxlaw-2799	1573	31	into	into	ADP
taxlaw-2799	1573	32	non	non	ADJ
taxlaw-2799	1573	33	-	-	ADJ
taxlaw-2799	1573	34	section	section	ADJ
taxlaw-2799	1573	35	1256	1256	NUM
taxlaw-2799	1573	36	contracts	contract	NOUN
taxlaw-2799	1573	37	.	.	PUNCT
taxlaw-2799	1574	1	if	if	SCONJ
taxlaw-2799	1574	2	the	the	DET
taxlaw-2799	1574	3	government	government	NOUN
taxlaw-2799	1574	4	were	be	AUX
taxlaw-2799	1574	5	to	to	PART
taxlaw-2799	1574	6	adopt	adopt	VERB
taxlaw-2799	1574	7	this	this	DET
taxlaw-2799	1574	8	alternative	alternative	NOUN
taxlaw-2799	1574	9	,	,	PUNCT
taxlaw-2799	1574	10	an	an	DET
taxlaw-2799	1574	11	incremental	incremental	ADJ
taxlaw-2799	1574	12	approach	approach	NOUN
taxlaw-2799	1574	13	of	of	ADP
taxlaw-2799	1574	14	identifying	identify	VERB
taxlaw-2799	1574	15	contracts	contract	NOUN
taxlaw-2799	1574	16	as	as	SCONJ
taxlaw-2799	1574	17	they	they	PRON
taxlaw-2799	1574	18	begin	begin	VERB
taxlaw-2799	1574	19	to	to	PART
taxlaw-2799	1574	20	trade	trade	VERB
taxlaw-2799	1574	21	on	on	ADP
taxlaw-2799	1574	22	a	a	DET
taxlaw-2799	1574	23	regulated	regulated	ADJ
taxlaw-2799	1574	24	market	market	NOUN
taxlaw-2799	1574	25	as	as	ADP
taxlaw-2799	1574	26	within	within	ADP
taxlaw-2799	1574	27	or	or	CCONJ
taxlaw-2799	1574	28	outside	outside	ADP
taxlaw-2799	1574	29	the	the	DET
taxlaw-2799	1574	30	scope	scope	NOUN
taxlaw-2799	1574	31	of	of	ADP
taxlaw-2799	1574	32	the	the	DET
taxlaw-2799	1574	33	amendment	amendment	NOUN
taxlaw-2799	1574	34	might	might	AUX
taxlaw-2799	1574	35	be	be	AUX
taxlaw-2799	1574	36	the	the	DET
taxlaw-2799	1574	37	most	most	ADV
taxlaw-2799	1574	38	feasible	feasible	ADJ
taxlaw-2799	1574	39	approach	approach	NOUN
taxlaw-2799	1574	40	,	,	PUNCT
taxlaw-2799	1574	41	although	although	SCONJ
taxlaw-2799	1574	42	that	that	PRON
taxlaw-2799	1574	43	would	would	AUX
taxlaw-2799	1574	44	provide	provide	VERB
taxlaw-2799	1574	45	less	less	ADJ
taxlaw-2799	1574	46	guidance	guidance	NOUN
taxlaw-2799	1574	47	to	to	ADP
taxlaw-2799	1574	48	taxpayers	taxpayer	NOUN
taxlaw-2799	1574	49	anticipating	anticipate	VERB
taxlaw-2799	1574	50	the	the	DET
taxlaw-2799	1574	51	onset	onset	NOUN
taxlaw-2799	1574	52	of	of	ADP
taxlaw-2799	1574	53	such	such	ADJ
taxlaw-2799	1574	54	trading	trading	NOUN
taxlaw-2799	1574	55	.	.	PUNCT
taxlaw-2799	1575	1	the	the	DET
taxlaw-2799	1575	2	fourth	fourth	ADJ
taxlaw-2799	1575	3	alternative	alternative	NOUN
taxlaw-2799	1575	4	would	would	AUX
taxlaw-2799	1575	5	be	be	AUX
taxlaw-2799	1575	6	comforting	comforting	ADJ
taxlaw-2799	1575	7	:	:	PUNCT
taxlaw-2799	1575	8	“	"	PUNCT
taxlaw-2799	1575	9	chicago	chicago	PROPN
taxlaw-2799	1575	10	”	"	PUNCT
taxlaw-2799	1575	11	products	product	NOUN
taxlaw-2799	1575	12	would	would	AUX
taxlaw-2799	1575	13	be	be	AUX
taxlaw-2799	1575	14	subject	subject	ADJ
taxlaw-2799	1575	15	to	to	ADP
taxlaw-2799	1575	16	§	§	PROPN
taxlaw-2799	1575	17	1256	1256	NUM
taxlaw-2799	1575	18	,	,	PUNCT
taxlaw-2799	1575	19	while	while	SCONJ
taxlaw-2799	1575	20	“	"	PUNCT
taxlaw-2799	1575	21	new	new	PROPN
taxlaw-2799	1575	22	york	york	PROPN
taxlaw-2799	1575	23	”	"	PUNCT
taxlaw-2799	1575	24	products	product	NOUN
taxlaw-2799	1575	25	would	would	AUX
taxlaw-2799	1575	26	not	not	PART
taxlaw-2799	1575	27	.	.	PUNCT
taxlaw-2799	1576	1	but	but	CCONJ
taxlaw-2799	1576	2	alas	ala	VERB
taxlaw-2799	1576	3	the	the	DET
taxlaw-2799	1576	4	distinction	distinction	NOUN
taxlaw-2799	1576	5	is	be	AUX
taxlaw-2799	1576	6	not	not	PART
taxlaw-2799	1576	7	so	so	ADV
taxlaw-2799	1576	8	easy	easy	ADJ
taxlaw-2799	1576	9	to	to	PART
taxlaw-2799	1576	10	make	make	VERB
taxlaw-2799	1576	11	.	.	PUNCT
taxlaw-2799	1577	1	as	as	SCONJ
taxlaw-2799	1577	2	has	have	AUX
taxlaw-2799	1577	3	been	be	AUX
taxlaw-2799	1577	4	described	describe	VERB
taxlaw-2799	1577	5	above	above	ADP
taxlaw-2799	1577	6	,	,	PUNCT
taxlaw-2799	1577	7	the	the	DET
taxlaw-2799	1577	8	range	range	NOUN
taxlaw-2799	1577	9	of	of	ADP
taxlaw-2799	1577	10	products	product	NOUN
taxlaw-2799	1577	11	offered	offer	VERB
taxlaw-2799	1577	12	by	by	ADP
taxlaw-2799	1577	13	commodities	commodity	NOUN
taxlaw-2799	1577	14	exchanges	exchange	NOUN
taxlaw-2799	1577	15	has	have	AUX
taxlaw-2799	1577	16	expanded	expand	VERB
taxlaw-2799	1577	17	greatly	greatly	ADV
taxlaw-2799	1577	18	over	over	ADP
taxlaw-2799	1577	19	time	time	NOUN
taxlaw-2799	1577	20	.	.	PUNCT
taxlaw-2799	1578	1	for	for	ADP
taxlaw-2799	1578	2	that	that	DET
taxlaw-2799	1578	3	matter	matter	NOUN
taxlaw-2799	1578	4	,	,	PUNCT
taxlaw-2799	1578	5	so	so	ADV
taxlaw-2799	1578	6	has	have	VERB
taxlaw-2799	1578	7	the	the	DET
taxlaw-2799	1578	8	range	range	NOUN
taxlaw-2799	1578	9	of	of	ADP
taxlaw-2799	1578	10	products	product	NOUN
taxlaw-2799	1578	11	available	available	ADJ
taxlaw-2799	1578	12	in	in	ADP
taxlaw-2799	1578	13	137	137	NUM
taxlaw-2799	1578	14	see	see	VERB
taxlaw-2799	1578	15	congressional	congressional	ADJ
taxlaw-2799	1578	16	budget	budget	NOUN
taxlaw-2799	1578	17	office	office	NOUN
taxlaw-2799	1578	18	,	,	PUNCT
taxlaw-2799	1578	19	cost	cost	NOUN
taxlaw-2799	1578	20	estimate	estimate	NOUN
taxlaw-2799	1578	21	,	,	PUNCT
taxlaw-2799	1578	22	h.r	h.r	PROPN
taxlaw-2799	1578	23	.	.	PROPN
taxlaw-2799	1578	24	4173	4173	NUM
taxlaw-2799	1578	25	,	,	PUNCT
taxlaw-2799	1578	26	dodd	dodd	PROPN
taxlaw-2799	1578	27	-	-	PUNCT
taxlaw-2799	1578	28	frank	frank	PROPN
taxlaw-2799	1578	29	wall	wall	PROPN
taxlaw-2799	1578	30	street	street	PROPN
taxlaw-2799	1578	31	reform	reform	PROPN
taxlaw-2799	1578	32	and	and	CCONJ
taxlaw-2799	1578	33	consumer	consumer	NOUN
taxlaw-2799	1578	34	protection	protection	PROPN
taxlaw-2799	1578	35	act	act	PROPN
taxlaw-2799	1578	36	,	,	PUNCT
taxlaw-2799	1578	37	at	at	ADP
taxlaw-2799	1578	38	4	4	NUM
taxlaw-2799	1578	39	(	(	PUNCT
taxlaw-2799	1578	40	june	june	PROPN
taxlaw-2799	1578	41	28	28	NUM
taxlaw-2799	1578	42	,	,	PUNCT
taxlaw-2799	1578	43	2010	2010	NUM
taxlaw-2799	1578	44	)	)	PUNCT
taxlaw-2799	1578	45	,	,	PUNCT
taxlaw-2799	1578	46	available	available	ADJ
taxlaw-2799	1578	47	at	at	ADP
taxlaw-2799	1578	48	http://www.cbo.gov/ftpdocs/115xx/doc11596/hr4173.pdf	http://www.cbo.gov/ftpdocs/115xx/doc11596/hr4173.pdf	NOUN
taxlaw-2799	1578	49	(	(	PUNCT
taxlaw-2799	1578	50	showing	show	VERB
taxlaw-2799	1578	51	virtually	virtually	ADV
taxlaw-2799	1578	52	no	no	DET
taxlaw-2799	1578	53	effect	effect	NOUN
taxlaw-2799	1578	54	on	on	ADP
taxlaw-2799	1578	55	budget	budget	NOUN
taxlaw-2799	1578	56	revenues	revenue	NOUN
taxlaw-2799	1578	57	or	or	CCONJ
taxlaw-2799	1578	58	outlays	outlay	NOUN
taxlaw-2799	1578	59	from	from	ADP
taxlaw-2799	1578	60	title	title	NOUN
taxlaw-2799	1578	61	vii	vii	PROPN
taxlaw-2799	1578	62	of	of	ADP
taxlaw-2799	1578	63	dodd	dodd	PROPN
taxlaw-2799	1578	64	-	-	PUNCT
taxlaw-2799	1578	65	frank	frank	PROPN
taxlaw-2799	1578	66	)	)	PUNCT
taxlaw-2799	1578	67	.	.	PUNCT
taxlaw-2799	1579	1	138	138	NUM
taxlaw-2799	1579	2	as	as	SCONJ
taxlaw-2799	1579	3	noted	note	VERB
taxlaw-2799	1579	4	earlier	early	ADV
taxlaw-2799	1579	5	,	,	PUNCT
taxlaw-2799	1579	6	a	a	DET
taxlaw-2799	1579	7	prior	prior	ADJ
taxlaw-2799	1579	8	version	version	NOUN
taxlaw-2799	1579	9	of	of	ADP
taxlaw-2799	1579	10	this	this	DET
taxlaw-2799	1579	11	article	article	NOUN
taxlaw-2799	1579	12	,	,	PUNCT
taxlaw-2799	1579	13	published	publish	VERB
taxlaw-2799	1579	14	a	a	DET
taxlaw-2799	1579	15	few	few	ADJ
taxlaw-2799	1579	16	weeks	week	NOUN
taxlaw-2799	1579	17	before	before	SCONJ
taxlaw-2799	1579	18	the	the	DET
taxlaw-2799	1579	19	amendment	amendment	NOUN
taxlaw-2799	1579	20	appeared	appear	VERB
taxlaw-2799	1579	21	in	in	ADP
taxlaw-2799	1579	22	the	the	DET
taxlaw-2799	1579	23	dodd	dodd	PROPN
taxlaw-2799	1579	24	-	-	PUNCT
taxlaw-2799	1579	25	frank	frank	ADJ
taxlaw-2799	1579	26	bill	bill	NOUN
taxlaw-2799	1579	27	,	,	PUNCT
taxlaw-2799	1579	28	recommended	recommend	VERB
taxlaw-2799	1579	29	amending	amend	VERB
taxlaw-2799	1579	30	§	§	PROPN
taxlaw-2799	1579	31	1256	1256	NUM
taxlaw-2799	1579	32	to	to	PART
taxlaw-2799	1579	33	exclude	exclude	VERB
taxlaw-2799	1579	34	npcs	npc	NOUN
taxlaw-2799	1579	35	and	and	CCONJ
taxlaw-2799	1579	36	cdss	cdss	NOUN
taxlaw-2799	1579	37	,	,	PUNCT
taxlaw-2799	1579	38	among	among	ADP
taxlaw-2799	1579	39	other	other	ADJ
taxlaw-2799	1579	40	proposed	propose	VERB
taxlaw-2799	1579	41	changes	change	NOUN
taxlaw-2799	1579	42	to	to	ADP
taxlaw-2799	1579	43	the	the	DET
taxlaw-2799	1579	44	code	code	NOUN
taxlaw-2799	1579	45	.	.	PUNCT
taxlaw-2799	1580	1	the	the	DET
taxlaw-2799	1580	2	author	author	NOUN
taxlaw-2799	1580	3	’s	’s	PART
taxlaw-2799	1580	4	views	view	NOUN
taxlaw-2799	1580	5	on	on	ADP
taxlaw-2799	1580	6	the	the	DET
taxlaw-2799	1580	7	proper	proper	ADJ
taxlaw-2799	1580	8	interpretation	interpretation	NOUN
taxlaw-2799	1580	9	of	of	ADP
taxlaw-2799	1580	10	the	the	DET
taxlaw-2799	1580	11	§	§	PROPN
taxlaw-2799	1580	12	1256	1256	NUM
taxlaw-2799	1580	13	amendment	amendment	NOUN
taxlaw-2799	1580	14	are	be	AUX
taxlaw-2799	1580	15	inevitably	inevitably	ADV
taxlaw-2799	1580	16	affected	affect	VERB
taxlaw-2799	1580	17	by	by	ADP
taxlaw-2799	1580	18	this	this	DET
taxlaw-2799	1580	19	chain	chain	NOUN
taxlaw-2799	1580	20	of	of	ADP
taxlaw-2799	1580	21	events	event	NOUN
taxlaw-2799	1580	22	.	.	PUNCT
taxlaw-2799	1581	1	readers	reader	NOUN
taxlaw-2799	1581	2	may	may	AUX
taxlaw-2799	1581	3	draw	draw	VERB
taxlaw-2799	1581	4	different	different	ADJ
taxlaw-2799	1581	5	conclusions	conclusion	NOUN
taxlaw-2799	1581	6	.	.	PUNCT
taxlaw-2799	1582	1	78	78	NUM
taxlaw-2799	1582	2	columbia	columbia	PROPN
taxlaw-2799	1582	3	jour	jour	PROPN
taxlaw-2799	1582	4	al	al	PROPN
taxlaw-2799	1582	5	of	of	ADP
taxlaw-2799	1582	6	tax	tax	NOUN
taxlaw-2799	1582	7	law	law	NOUN
taxlaw-2799	1582	8	[	[	X
taxlaw-2799	1582	9	vol	vol	NOUN
taxlaw-2799	1582	10	.	.	PUNCT
taxlaw-2799	1582	11	2:1	2:1	NUM
taxlaw-2799	1583	1	the	the	DET
taxlaw-2799	1583	2	otc	otc	PROPN
taxlaw-2799	1583	3	market	market	NOUN
taxlaw-2799	1583	4	.	.	PUNCT
taxlaw-2799	1584	1	the	the	DET
taxlaw-2799	1584	2	result	result	NOUN
taxlaw-2799	1584	3	is	be	AUX
taxlaw-2799	1584	4	that	that	SCONJ
taxlaw-2799	1584	5	even	even	ADV
taxlaw-2799	1584	6	before	before	ADP
taxlaw-2799	1584	7	dodd	dodd	PROPN
taxlaw-2799	1584	8	-	-	PUNCT
taxlaw-2799	1584	9	frank	frank	PROPN
taxlaw-2799	1584	10	there	there	PRON
taxlaw-2799	1584	11	were	be	VERB
taxlaw-2799	1584	12	overlaps	overlap	NOUN
taxlaw-2799	1584	13	in	in	ADP
taxlaw-2799	1584	14	products	product	NOUN
taxlaw-2799	1584	15	or	or	CCONJ
taxlaw-2799	1584	16	competing	compete	VERB
taxlaw-2799	1584	17	products	product	NOUN
taxlaw-2799	1584	18	in	in	ADP
taxlaw-2799	1584	19	both	both	DET
taxlaw-2799	1584	20	markets	market	NOUN
taxlaw-2799	1584	21	.	.	PUNCT
taxlaw-2799	1585	1	for	for	ADP
taxlaw-2799	1585	2	example	example	NOUN
taxlaw-2799	1585	3	,	,	PUNCT
taxlaw-2799	1585	4	it	it	PRON
taxlaw-2799	1585	5	is	be	AUX
taxlaw-2799	1585	6	possible	possible	ADJ
taxlaw-2799	1585	7	to	to	PART
taxlaw-2799	1585	8	take	take	VERB
taxlaw-2799	1585	9	risk	risk	NOUN
taxlaw-2799	1585	10	positions	position	NOUN
taxlaw-2799	1585	11	not	not	PART
taxlaw-2799	1585	12	only	only	ADV
taxlaw-2799	1585	13	in	in	ADP
taxlaw-2799	1585	14	commodities	commodity	NOUN
taxlaw-2799	1585	15	,	,	PUNCT
taxlaw-2799	1585	16	interest	interest	NOUN
taxlaw-2799	1585	17	rates	rate	NOUN
taxlaw-2799	1585	18	and	and	CCONJ
taxlaw-2799	1585	19	foreign	foreign	ADJ
taxlaw-2799	1585	20	currency	currency	NOUN
taxlaw-2799	1585	21	but	but	CCONJ
taxlaw-2799	1585	22	also	also	ADV
taxlaw-2799	1585	23	in	in	ADP
taxlaw-2799	1585	24	weather	weather	NOUN
taxlaw-2799	1585	25	and	and	CCONJ
taxlaw-2799	1585	26	real	real	ADJ
taxlaw-2799	1585	27	estate	estate	NOUN
taxlaw-2799	1585	28	both	both	PRON
taxlaw-2799	1585	29	on	on	ADP
taxlaw-2799	1585	30	commodities	commodity	NOUN
taxlaw-2799	1585	31	exchanges	exchange	NOUN
taxlaw-2799	1585	32	and	and	CCONJ
taxlaw-2799	1585	33	in	in	ADP
taxlaw-2799	1585	34	the	the	DET
taxlaw-2799	1585	35	otc	otc	PROPN
taxlaw-2799	1585	36	markets	market	NOUN
taxlaw-2799	1585	37	.	.	PUNCT
taxlaw-2799	1586	1	the	the	DET
taxlaw-2799	1586	2	starkest	stark	ADJ
taxlaw-2799	1586	3	examples	example	NOUN
taxlaw-2799	1586	4	of	of	ADP
taxlaw-2799	1586	5	the	the	DET
taxlaw-2799	1586	6	overlap	overlap	NOUN
taxlaw-2799	1586	7	are	be	AUX
taxlaw-2799	1586	8	the	the	DET
taxlaw-2799	1586	9	cme	cme	PROPN
taxlaw-2799	1586	10	and	and	CCONJ
taxlaw-2799	1586	11	idcg	idcg	PROPN
taxlaw-2799	1586	12	swap	swap	PROPN
taxlaw-2799	1586	13	futures	future	NOUN
taxlaw-2799	1586	14	contracts	contract	NOUN
taxlaw-2799	1586	15	described	describe	VERB
taxlaw-2799	1586	16	above	above	ADP
taxlaw-2799	1586	17	,	,	PUNCT
taxlaw-2799	1586	18	which	which	PRON
taxlaw-2799	1586	19	offer	offer	VERB
taxlaw-2799	1586	20	exchange	exchange	NOUN
taxlaw-2799	1586	21	-	-	PUNCT
taxlaw-2799	1586	22	traded	trade	VERB
taxlaw-2799	1586	23	alternatives	alternative	NOUN
taxlaw-2799	1586	24	to	to	ADP
taxlaw-2799	1586	25	otc	otc	VERB
taxlaw-2799	1586	26	interest	interest	NOUN
taxlaw-2799	1586	27	rate	rate	NOUN
taxlaw-2799	1586	28	swaps	swap	NOUN
taxlaw-2799	1586	29	.	.	PUNCT
taxlaw-2799	1587	1	all	all	PRON
taxlaw-2799	1587	2	of	of	ADP
taxlaw-2799	1587	3	these	these	DET
taxlaw-2799	1587	4	products	product	NOUN
taxlaw-2799	1587	5	existed	exist	VERB
taxlaw-2799	1587	6	prior	prior	ADV
taxlaw-2799	1587	7	to	to	ADP
taxlaw-2799	1587	8	the	the	DET
taxlaw-2799	1587	9	enactment	enactment	NOUN
taxlaw-2799	1587	10	of	of	ADP
taxlaw-2799	1587	11	dodd	dodd	PROPN
taxlaw-2799	1587	12	-	-	PUNCT
taxlaw-2799	1587	13	frank	frank	PROPN
taxlaw-2799	1587	14	.	.	PUNCT
taxlaw-2799	1588	1	and	and	CCONJ
taxlaw-2799	1588	2	it	it	PRON
taxlaw-2799	1588	3	can	can	AUX
taxlaw-2799	1588	4	be	be	AUX
taxlaw-2799	1588	5	expected	expect	VERB
taxlaw-2799	1588	6	that	that	SCONJ
taxlaw-2799	1588	7	the	the	DET
taxlaw-2799	1588	8	commodities	commodity	NOUN
taxlaw-2799	1588	9	exchanges	exchange	NOUN
taxlaw-2799	1588	10	will	will	AUX
taxlaw-2799	1588	11	continue	continue	VERB
taxlaw-2799	1588	12	to	to	PART
taxlaw-2799	1588	13	develop	develop	VERB
taxlaw-2799	1588	14	new	new	ADJ
taxlaw-2799	1588	15	products	product	NOUN
taxlaw-2799	1588	16	.	.	PUNCT
taxlaw-2799	1589	1	the	the	DET
taxlaw-2799	1589	2	distinction	distinction	NOUN
taxlaw-2799	1589	3	between	between	ADP
taxlaw-2799	1589	4	“	"	PUNCT
taxlaw-2799	1589	5	modern	modern	ADJ
taxlaw-2799	1589	6	”	"	PUNCT
taxlaw-2799	1589	7	and	and	CCONJ
taxlaw-2799	1589	8	“	"	PUNCT
taxlaw-2799	1589	9	historic	historic	ADJ
taxlaw-2799	1589	10	”	"	PUNCT
taxlaw-2799	1589	11	products	product	NOUN
taxlaw-2799	1589	12	thus	thus	ADV
taxlaw-2799	1589	13	does	do	AUX
taxlaw-2799	1589	14	not	not	PART
taxlaw-2799	1589	15	provide	provide	VERB
taxlaw-2799	1589	16	either	either	CCONJ
taxlaw-2799	1589	17	a	a	DET
taxlaw-2799	1589	18	clear	clear	ADJ
taxlaw-2799	1589	19	or	or	CCONJ
taxlaw-2799	1589	20	a	a	DET
taxlaw-2799	1589	21	principled	principled	ADJ
taxlaw-2799	1589	22	line	line	NOUN
taxlaw-2799	1589	23	between	between	ADP
taxlaw-2799	1589	24	contracts	contract	NOUN
taxlaw-2799	1589	25	that	that	PRON
taxlaw-2799	1589	26	are	be	AUX
taxlaw-2799	1589	27	and	and	CCONJ
taxlaw-2799	1589	28	are	be	AUX
taxlaw-2799	1589	29	not	not	PART
taxlaw-2799	1589	30	subject	subject	ADJ
taxlaw-2799	1589	31	to	to	ADP
taxlaw-2799	1589	32	§	§	PROPN
taxlaw-2799	1589	33	1256	1256	NUM
taxlaw-2799	1589	34	.	.	PUNCT
taxlaw-2799	1590	1	the	the	DET
taxlaw-2799	1590	2	fifth	fifth	ADJ
taxlaw-2799	1590	3	alternative	alternative	NOUN
taxlaw-2799	1590	4	also	also	ADV
taxlaw-2799	1590	5	offers	offer	VERB
taxlaw-2799	1590	6	the	the	DET
taxlaw-2799	1590	7	promise	promise	NOUN
taxlaw-2799	1590	8	of	of	ADP
taxlaw-2799	1590	9	simplicity	simplicity	NOUN
taxlaw-2799	1590	10	.	.	PUNCT
taxlaw-2799	1591	1	however	however	ADV
taxlaw-2799	1591	2	,	,	PUNCT
taxlaw-2799	1591	3	it	it	PRON
taxlaw-2799	1591	4	seems	seem	VERB
taxlaw-2799	1591	5	wrong	wrong	ADJ
taxlaw-2799	1591	6	to	to	ADP
taxlaw-2799	1591	7	this	this	DET
taxlaw-2799	1591	8	observer	observer	NOUN
taxlaw-2799	1591	9	for	for	ADP
taxlaw-2799	1591	10	several	several	ADJ
taxlaw-2799	1591	11	reasons	reason	NOUN
taxlaw-2799	1591	12	.	.	PUNCT
taxlaw-2799	1592	1	the	the	DET
taxlaw-2799	1592	2	first	first	ADJ
taxlaw-2799	1592	3	is	be	AUX
taxlaw-2799	1592	4	that	that	SCONJ
taxlaw-2799	1592	5	if	if	SCONJ
taxlaw-2799	1592	6	the	the	DET
taxlaw-2799	1592	7	§	§	PROPN
taxlaw-2799	1592	8	1256	1256	NUM
taxlaw-2799	1592	9	amendment	amendment	NOUN
taxlaw-2799	1592	10	was	be	AUX
taxlaw-2799	1592	11	intended	intend	VERB
taxlaw-2799	1592	12	to	to	PART
taxlaw-2799	1592	13	apply	apply	VERB
taxlaw-2799	1592	14	to	to	ADP
taxlaw-2799	1592	15	all	all	DET
taxlaw-2799	1592	16	dodd	dodd	PROPN
taxlaw-2799	1592	17	-	-	PUNCT
taxlaw-2799	1592	18	frank	frank	ADJ
taxlaw-2799	1592	19	swaps	swap	NOUN
taxlaw-2799	1592	20	,	,	PUNCT
taxlaw-2799	1592	21	it	it	PRON
taxlaw-2799	1592	22	would	would	AUX
taxlaw-2799	1592	23	have	have	AUX
taxlaw-2799	1592	24	been	be	AUX
taxlaw-2799	1592	25	easier	easy	ADJ
taxlaw-2799	1592	26	to	to	PART
taxlaw-2799	1592	27	draft	draft	VERB
taxlaw-2799	1592	28	it	it	PRON
taxlaw-2799	1592	29	with	with	ADP
taxlaw-2799	1592	30	a	a	DET
taxlaw-2799	1592	31	cross	cross	NOUN
taxlaw-2799	1592	32	-	-	NOUN
taxlaw-2799	1592	33	reference	reference	NOUN
taxlaw-2799	1592	34	.	.	PUNCT
taxlaw-2799	1593	1	the	the	DET
taxlaw-2799	1593	2	decision	decision	NOUN
taxlaw-2799	1593	3	instead	instead	ADV
taxlaw-2799	1593	4	to	to	PART
taxlaw-2799	1593	5	enumerate	enumerate	VERB
taxlaw-2799	1593	6	a	a	DET
taxlaw-2799	1593	7	list	list	NOUN
taxlaw-2799	1593	8	implies	imply	VERB
taxlaw-2799	1593	9	that	that	SCONJ
taxlaw-2799	1593	10	some	some	DET
taxlaw-2799	1593	11	dodd	dodd	PROPN
taxlaw-2799	1593	12	-	-	PUNCT
taxlaw-2799	1593	13	frank	frank	ADJ
taxlaw-2799	1593	14	swaps	swap	NOUN
taxlaw-2799	1593	15	were	be	AUX
taxlaw-2799	1593	16	not	not	PART
taxlaw-2799	1593	17	intended	intend	VERB
taxlaw-2799	1593	18	to	to	PART
taxlaw-2799	1593	19	be	be	AUX
taxlaw-2799	1593	20	covered	cover	VERB
taxlaw-2799	1593	21	.	.	PUNCT
taxlaw-2799	1594	1	the	the	DET
taxlaw-2799	1594	2	fact	fact	NOUN
taxlaw-2799	1594	3	that	that	SCONJ
taxlaw-2799	1594	4	the	the	DET
taxlaw-2799	1594	5	ordering	ordering	NOUN
taxlaw-2799	1594	6	and	and	CCONJ
taxlaw-2799	1594	7	wording	wording	NOUN
taxlaw-2799	1594	8	of	of	ADP
taxlaw-2799	1594	9	the	the	DET
taxlaw-2799	1594	10	list	list	NOUN
taxlaw-2799	1594	11	in	in	ADP
taxlaw-2799	1594	12	the	the	DET
taxlaw-2799	1594	13	amendment	amendment	NOUN
taxlaw-2799	1594	14	and	and	CCONJ
taxlaw-2799	1594	15	in	in	ADP
taxlaw-2799	1594	16	the	the	DET
taxlaw-2799	1594	17	definition	definition	NOUN
taxlaw-2799	1594	18	are	be	AUX
taxlaw-2799	1594	19	different	different	ADJ
taxlaw-2799	1594	20	also	also	ADV
taxlaw-2799	1594	21	suggests	suggest	VERB
taxlaw-2799	1594	22	a	a	DET
taxlaw-2799	1594	23	different	different	ADJ
taxlaw-2799	1594	24	meaning	meaning	NOUN
taxlaw-2799	1594	25	for	for	ADP
taxlaw-2799	1594	26	the	the	DET
taxlaw-2799	1594	27	amendment	amendment	NOUN
taxlaw-2799	1594	28	.	.	PUNCT
taxlaw-2799	1595	1	lastly	lastly	ADV
taxlaw-2799	1595	2	,	,	PUNCT
taxlaw-2799	1595	3	and	and	CCONJ
taxlaw-2799	1595	4	perhaps	perhaps	ADV
taxlaw-2799	1595	5	most	most	ADV
taxlaw-2799	1595	6	seriously	seriously	ADV
taxlaw-2799	1595	7	,	,	PUNCT
taxlaw-2799	1595	8	this	this	DET
taxlaw-2799	1595	9	approach	approach	NOUN
taxlaw-2799	1595	10	is	be	AUX
taxlaw-2799	1595	11	the	the	DET
taxlaw-2799	1595	12	one	one	NUM
taxlaw-2799	1595	13	most	most	ADV
taxlaw-2799	1595	14	likely	likely	ADJ
taxlaw-2799	1595	15	to	to	PART
taxlaw-2799	1595	16	cause	cause	VERB
taxlaw-2799	1595	17	derivatives	derivative	NOUN
taxlaw-2799	1595	18	that	that	PRON
taxlaw-2799	1595	19	were	be	AUX
taxlaw-2799	1595	20	thought	think	VERB
taxlaw-2799	1595	21	to	to	PART
taxlaw-2799	1595	22	be	be	AUX
taxlaw-2799	1595	23	section	section	NOUN
taxlaw-2799	1595	24	1256	1256	NUM
taxlaw-2799	1595	25	contracts	contract	NOUN
taxlaw-2799	1595	26	prior	prior	ADV
taxlaw-2799	1595	27	to	to	ADP
taxlaw-2799	1595	28	dodd	dodd	PROPN
taxlaw-2799	1595	29	-	-	PUNCT
taxlaw-2799	1595	30	frank	frank	PROPN
taxlaw-2799	1595	31	into	into	ADP
taxlaw-2799	1595	32	non	non	ADJ
taxlaw-2799	1595	33	-	-	ADJ
taxlaw-2799	1595	34	section	section	ADJ
taxlaw-2799	1595	35	1256	1256	NUM
taxlaw-2799	1595	36	contracts	contract	NOUN
taxlaw-2799	1595	37	.	.	PUNCT
taxlaw-2799	1596	1	there	there	PRON
taxlaw-2799	1596	2	is	be	VERB
taxlaw-2799	1596	3	no	no	DET
taxlaw-2799	1596	4	reason	reason	NOUN
taxlaw-2799	1596	5	to	to	PART
taxlaw-2799	1596	6	believe	believe	VERB
taxlaw-2799	1596	7	that	that	SCONJ
taxlaw-2799	1596	8	dodd	dodd	PROPN
taxlaw-2799	1596	9	-	-	PUNCT
taxlaw-2799	1596	10	frank	frank	PROPN
taxlaw-2799	1596	11	was	be	AUX
taxlaw-2799	1596	12	intended	intend	VERB
taxlaw-2799	1596	13	to	to	PART
taxlaw-2799	1596	14	have	have	VERB
taxlaw-2799	1596	15	that	that	DET
taxlaw-2799	1596	16	effect	effect	NOUN
taxlaw-2799	1596	17	.	.	PUNCT
taxlaw-2799	1597	1	indeed	indeed	ADV
taxlaw-2799	1597	2	,	,	PUNCT
taxlaw-2799	1597	3	the	the	DET
taxlaw-2799	1597	4	evidence	evidence	NOUN
taxlaw-2799	1597	5	we	we	PRON
taxlaw-2799	1597	6	have	have	AUX
taxlaw-2799	1597	7	indicates	indicate	VERB
taxlaw-2799	1597	8	the	the	DET
taxlaw-2799	1597	9	contrary	contrary	NOUN
taxlaw-2799	1597	10	.	.	PUNCT
taxlaw-2799	1598	1	as	as	SCONJ
taxlaw-2799	1598	2	quoted	quote	VERB
taxlaw-2799	1598	3	earlier	early	ADV
taxlaw-2799	1598	4	,	,	PUNCT
taxlaw-2799	1598	5	the	the	DET
taxlaw-2799	1598	6	single	single	ADJ
taxlaw-2799	1598	7	sentence	sentence	NOUN
taxlaw-2799	1598	8	of	of	ADP
taxlaw-2799	1598	9	legislative	legislative	ADJ
taxlaw-2799	1598	10	history	history	NOUN
taxlaw-2799	1598	11	to	to	ADP
taxlaw-2799	1598	12	the	the	DET
taxlaw-2799	1598	13	amendment	amendment	NOUN
taxlaw-2799	1598	14	describes	describe	VERB
taxlaw-2799	1598	15	it	it	PRON
taxlaw-2799	1598	16	as	as	ADP
taxlaw-2799	1598	17	“	"	PUNCT
taxlaw-2799	1598	18	a	a	DET
taxlaw-2799	1598	19	provision	provision	NOUN
taxlaw-2799	1598	20	to	to	PART
taxlaw-2799	1598	21	address	address	VERB
taxlaw-2799	1598	22	the	the	DET
taxlaw-2799	1598	23	recharacterization	recharacterization	NOUN
taxlaw-2799	1598	24	of	of	ADP
taxlaw-2799	1598	25	income	income	NOUN
taxlaw-2799	1598	26	as	as	ADP
taxlaw-2799	1598	27	a	a	DET
taxlaw-2799	1598	28	result	result	NOUN
taxlaw-2799	1598	29	of	of	ADP
taxlaw-2799	1598	30	increased	increase	VERB
taxlaw-2799	1598	31	exchange	exchange	NOUN
taxlaw-2799	1598	32	-	-	PUNCT
taxlaw-2799	1598	33	trading	trading	NOUN
taxlaw-2799	1598	34	of	of	ADP
taxlaw-2799	1598	35	derivatives	derivative	NOUN
taxlaw-2799	1598	36	contracts	contract	NOUN
taxlaw-2799	1598	37	by	by	ADP
taxlaw-2799	1598	38	clarifying	clarify	VERB
taxlaw-2799	1598	39	that	that	SCONJ
taxlaw-2799	1598	40	section	section	NOUN
taxlaw-2799	1598	41	1256	1256	NUM
taxlaw-2799	1598	42	of	of	ADP
taxlaw-2799	1598	43	the	the	DET
taxlaw-2799	1598	44	internal	internal	PROPN
taxlaw-2799	1598	45	revenue	revenue	NOUN
taxlaw-2799	1598	46	code	code	NOUN
taxlaw-2799	1598	47	does	do	AUX
taxlaw-2799	1598	48	not	not	PART
taxlaw-2799	1598	49	apply	apply	VERB
taxlaw-2799	1598	50	to	to	ADP
taxlaw-2799	1598	51	certain	certain	ADJ
taxlaw-2799	1598	52	derivatives	derivative	NOUN
taxlaw-2799	1598	53	contracts	contract	NOUN
taxlaw-2799	1598	54	transacted	transact	VERB
taxlaw-2799	1598	55	on	on	ADP
taxlaw-2799	1598	56	exchanges	exchange	NOUN
taxlaw-2799	1598	57	.	.	PUNCT
taxlaw-2799	1598	58	”	"	PUNCT
taxlaw-2799	1599	1	the	the	DET
taxlaw-2799	1599	2	most	most	ADV
taxlaw-2799	1599	3	important	important	ADJ
taxlaw-2799	1599	4	word	word	NOUN
taxlaw-2799	1599	5	in	in	ADP
taxlaw-2799	1599	6	this	this	DET
taxlaw-2799	1599	7	sentence	sentence	NOUN
taxlaw-2799	1599	8	is	be	AUX
taxlaw-2799	1599	9	“	"	PUNCT
taxlaw-2799	1599	10	clarifying	clarify	VERB
taxlaw-2799	1599	11	.	.	PUNCT
taxlaw-2799	1599	12	”	"	PUNCT
taxlaw-2799	1600	1	it	it	PRON
taxlaw-2799	1600	2	seems	seem	VERB
taxlaw-2799	1600	3	clear	clear	ADJ
taxlaw-2799	1600	4	that	that	SCONJ
taxlaw-2799	1600	5	the	the	DET
taxlaw-2799	1600	6	amendment	amendment	NOUN
taxlaw-2799	1600	7	was	be	AUX
taxlaw-2799	1600	8	intended	intend	VERB
taxlaw-2799	1600	9	to	to	PART
taxlaw-2799	1600	10	ensure	ensure	VERB
taxlaw-2799	1600	11	that	that	SCONJ
taxlaw-2799	1600	12	exchange	exchange	NOUN
taxlaw-2799	1600	13	-	-	PUNCT
taxlaw-2799	1600	14	trading	trading	NOUN
taxlaw-2799	1600	15	of	of	ADP
taxlaw-2799	1600	16	what	what	PRON
taxlaw-2799	1600	17	is	be	AUX
taxlaw-2799	1600	18	now	now	ADV
taxlaw-2799	1600	19	an	an	DET
taxlaw-2799	1600	20	otc	otc	PROPN
taxlaw-2799	1600	21	contract	contract	NOUN
taxlaw-2799	1600	22	does	do	AUX
taxlaw-2799	1600	23	not	not	PART
taxlaw-2799	1600	24	in	in	ADP
taxlaw-2799	1600	25	and	and	CCONJ
taxlaw-2799	1600	26	of	of	ADP
taxlaw-2799	1600	27	itself	itself	PRON
taxlaw-2799	1600	28	cause	cause	VERB
taxlaw-2799	1600	29	the	the	DET
taxlaw-2799	1600	30	contract	contract	NOUN
taxlaw-2799	1600	31	to	to	PART
taxlaw-2799	1600	32	become	become	VERB
taxlaw-2799	1600	33	a	a	DET
taxlaw-2799	1600	34	section	section	NOUN
taxlaw-2799	1600	35	1256	1256	NUM
taxlaw-2799	1600	36	contract	contract	NOUN
taxlaw-2799	1600	37	.	.	PUNCT
taxlaw-2799	1601	1	that	that	PRON
taxlaw-2799	1601	2	is	be	AUX
taxlaw-2799	1601	3	,	,	PUNCT
taxlaw-2799	1601	4	it	it	PRON
taxlaw-2799	1601	5	was	be	AUX
taxlaw-2799	1601	6	intended	intend	VERB
taxlaw-2799	1601	7	to	to	PART
taxlaw-2799	1601	8	freeze	freeze	VERB
taxlaw-2799	1601	9	the	the	DET
taxlaw-2799	1601	10	status	status	NOUN
taxlaw-2799	1601	11	quo	quo	NOUN
taxlaw-2799	1601	12	for	for	ADP
taxlaw-2799	1601	13	derivatives	derivative	NOUN
taxlaw-2799	1601	14	not	not	PART
taxlaw-2799	1601	15	currently	currently	ADV
taxlaw-2799	1601	16	traded	trade	VERB
taxlaw-2799	1601	17	on	on	ADP
taxlaw-2799	1601	18	exchanges	exchange	NOUN
taxlaw-2799	1601	19	.	.	PUNCT
taxlaw-2799	1602	1	it	it	PRON
taxlaw-2799	1602	2	also	also	ADV
taxlaw-2799	1602	3	seems	seem	VERB
taxlaw-2799	1602	4	clear	clear	ADJ
taxlaw-2799	1602	5	that	that	SCONJ
taxlaw-2799	1602	6	the	the	DET
taxlaw-2799	1602	7	amendment	amendment	NOUN
taxlaw-2799	1602	8	was	be	AUX
taxlaw-2799	1602	9	not	not	PART
taxlaw-2799	1602	10	intended	intend	VERB
taxlaw-2799	1602	11	to	to	PART
taxlaw-2799	1602	12	change	change	VERB
taxlaw-2799	1602	13	the	the	DET
taxlaw-2799	1602	14	current	current	ADJ
taxlaw-2799	1602	15	law	law	NOUN
taxlaw-2799	1602	16	tax	tax	NOUN
taxlaw-2799	1602	17	treatment	treatment	NOUN
taxlaw-2799	1602	18	of	of	ADP
taxlaw-2799	1602	19	any	any	DET
taxlaw-2799	1602	20	derivative	derivative	NOUN
taxlaw-2799	1602	21	currently	currently	ADV
taxlaw-2799	1602	22	traded	trade	VERB
taxlaw-2799	1602	23	on	on	ADP
taxlaw-2799	1602	24	an	an	DET
taxlaw-2799	1602	25	exchange	exchange	NOUN
taxlaw-2799	1602	26	,	,	PUNCT
taxlaw-2799	1602	27	as	as	SCONJ
taxlaw-2799	1602	28	such	such	DET
taxlaw-2799	1602	29	a	a	DET
taxlaw-2799	1602	30	change	change	NOUN
taxlaw-2799	1602	31	would	would	AUX
taxlaw-2799	1602	32	constitute	constitute	VERB
taxlaw-2799	1602	33	more	more	ADJ
taxlaw-2799	1602	34	than	than	ADP
taxlaw-2799	1602	35	a	a	DET
taxlaw-2799	1602	36	clarification	clarification	NOUN
taxlaw-2799	1602	37	.	.	PUNCT
taxlaw-2799	1603	1	treating	treat	VERB
taxlaw-2799	1603	2	the	the	DET
taxlaw-2799	1603	3	amendment	amendment	NOUN
taxlaw-2799	1603	4	as	as	ADP
taxlaw-2799	1603	5	freezing	freeze	VERB
taxlaw-2799	1603	6	the	the	DET
taxlaw-2799	1603	7	status	status	NOUN
taxlaw-2799	1603	8	quo	quo	NOUN
taxlaw-2799	1603	9	is	be	AUX
taxlaw-2799	1603	10	also	also	ADV
taxlaw-2799	1603	11	consistent	consistent	ADJ
taxlaw-2799	1603	12	with	with	ADP
taxlaw-2799	1603	13	what	what	PRON
taxlaw-2799	1603	14	the	the	DET
taxlaw-2799	1603	15	author	author	NOUN
taxlaw-2799	1603	16	understands	understand	VERB
taxlaw-2799	1603	17	to	to	PART
taxlaw-2799	1603	18	have	have	AUX
taxlaw-2799	1603	19	been	be	AUX
taxlaw-2799	1603	20	the	the	DET
taxlaw-2799	1603	21	deliberately	deliberately	ADV
taxlaw-2799	1603	22	very	very	ADV
taxlaw-2799	1603	23	limited	limited	ADJ
taxlaw-2799	1603	24	effect	effect	NOUN
taxlaw-2799	1603	25	that	that	SCONJ
taxlaw-2799	1603	26	the	the	DET
taxlaw-2799	1603	27	amendment	amendment	NOUN
taxlaw-2799	1603	28	was	be	AUX
taxlaw-2799	1603	29	intended	intend	VERB
taxlaw-2799	1603	30	to	to	PART
taxlaw-2799	1603	31	have	have	VERB
taxlaw-2799	1603	32	as	as	ADP
taxlaw-2799	1603	33	a	a	DET
taxlaw-2799	1603	34	result	result	NOUN
taxlaw-2799	1603	35	of	of	ADP
taxlaw-2799	1603	36	the	the	DET
taxlaw-2799	1603	37	congressional	congressional	ADJ
taxlaw-2799	1603	38	rules	rule	NOUN
taxlaw-2799	1603	39	governing	govern	VERB
taxlaw-2799	1603	40	the	the	DET
taxlaw-2799	1603	41	process	process	NOUN
taxlaw-2799	1603	42	for	for	ADP
taxlaw-2799	1603	43	moving	move	VERB
taxlaw-2799	1603	44	the	the	DET
taxlaw-2799	1603	45	dodd	dodd	PROPN
taxlaw-2799	1603	46	-	-	PUNCT
taxlaw-2799	1603	47	frank	frank	ADJ
taxlaw-2799	1603	48	bill	bill	NOUN
taxlaw-2799	1603	49	through	through	ADP
taxlaw-2799	1603	50	congress.139	congress.139	NUM
taxlaw-2799	1603	51	if	if	SCONJ
taxlaw-2799	1603	52	the	the	DET
taxlaw-2799	1603	53	analysis	analysis	NOUN
taxlaw-2799	1603	54	above	above	ADV
taxlaw-2799	1603	55	is	be	AUX
taxlaw-2799	1603	56	correct	correct	ADJ
taxlaw-2799	1603	57	,	,	PUNCT
taxlaw-2799	1603	58	it	it	PRON
taxlaw-2799	1603	59	has	have	VERB
taxlaw-2799	1603	60	a	a	DET
taxlaw-2799	1603	61	number	number	NOUN
taxlaw-2799	1603	62	of	of	ADP
taxlaw-2799	1603	63	implications	implication	NOUN
taxlaw-2799	1603	64	for	for	ADP
taxlaw-2799	1603	65	derivatives	derivative	NOUN
taxlaw-2799	1603	66	outside	outside	ADP
taxlaw-2799	1603	67	the	the	DET
taxlaw-2799	1603	68	scope	scope	NOUN
taxlaw-2799	1603	69	of	of	ADP
taxlaw-2799	1603	70	the	the	DET
taxlaw-2799	1603	71	amendment	amendment	NOUN
taxlaw-2799	1603	72	.	.	PUNCT
taxlaw-2799	1604	1	first	first	ADV
taxlaw-2799	1604	2	,	,	PUNCT
taxlaw-2799	1604	3	if	if	SCONJ
taxlaw-2799	1604	4	it	it	PRON
taxlaw-2799	1604	5	is	be	AUX
taxlaw-2799	1604	6	a	a	DET
taxlaw-2799	1604	7	“	"	PUNCT
taxlaw-2799	1604	8	clarification	clarification	NOUN
taxlaw-2799	1604	9	”	"	PUNCT
taxlaw-2799	1604	10	to	to	PART
taxlaw-2799	1604	11	provide	provide	VERB
taxlaw-2799	1604	12	that	that	SCONJ
taxlaw-2799	1604	13	an	an	DET
taxlaw-2799	1604	14	interest	interest	NOUN
taxlaw-2799	1604	15	rate	rate	NOUN
taxlaw-2799	1604	16	swap	swap	NOUN
taxlaw-2799	1604	17	will	will	AUX
taxlaw-2799	1604	18	not	not	PART
taxlaw-2799	1604	19	become	become	VERB
taxlaw-2799	1604	20	a	a	DET
taxlaw-2799	1604	21	section	section	NOUN
taxlaw-2799	1604	22	1256	1256	NUM
taxlaw-2799	1604	23	contract	contract	NOUN
taxlaw-2799	1604	24	if	if	SCONJ
taxlaw-2799	1604	25	the	the	DET
taxlaw-2799	1604	26	swap	swap	NOUN
taxlaw-2799	1604	27	is	be	AUX
taxlaw-2799	1604	28	traded	trade	VERB
taxlaw-2799	1604	29	on	on	ADP
taxlaw-2799	1604	30	a	a	DET
taxlaw-2799	1604	31	regulated	regulated	ADJ
taxlaw-2799	1604	32	market	market	NOUN
taxlaw-2799	1604	33	,	,	PUNCT
taxlaw-2799	1604	34	that	that	SCONJ
taxlaw-2799	1604	35	139	139	NUM
taxlaw-2799	1604	36	see	see	VERB
taxlaw-2799	1604	37	supra	supra	PROPN
taxlaw-2799	1604	38	note	note	NOUN
taxlaw-2799	1604	39	90	90	NUM
taxlaw-2799	1604	40	.	.	PUNCT
taxlaw-2799	1604	41	2011	2011	NUM
taxlaw-2799	1604	42	]	]	PUNCT
taxlaw-2799	1604	43	ew	ew	AUX
taxlaw-2799	1604	44	tax	tax	NOUN
taxlaw-2799	1604	45	issues	issue	NOUN
taxlaw-2799	1604	46	arisi	arisi	VERB
taxlaw-2799	1604	47	g	g	PROPN
taxlaw-2799	1604	48	from	from	ADP
taxlaw-2799	1604	49	the	the	DET
taxlaw-2799	1604	50	dodd	dodd	NOUN
taxlaw-2799	1604	51	-	-	PUNCT
taxlaw-2799	1604	52	fra	fra	PROPN
taxlaw-2799	1604	53	k	k	PROPN
taxlaw-2799	1604	54	act	act	PROPN
taxlaw-2799	1604	55	79	79	NUM
taxlaw-2799	1604	56	implies	imply	VERB
taxlaw-2799	1604	57	that	that	SCONJ
taxlaw-2799	1604	58	the	the	DET
taxlaw-2799	1604	59	interest	interest	NOUN
taxlaw-2799	1604	60	rate	rate	NOUN
taxlaw-2799	1604	61	swap	swap	NOUN
taxlaw-2799	1604	62	did	do	AUX
taxlaw-2799	1604	63	not	not	PART
taxlaw-2799	1604	64	become	become	VERB
taxlaw-2799	1604	65	a	a	DET
taxlaw-2799	1604	66	regulated	regulated	ADJ
taxlaw-2799	1604	67	futures	future	NOUN
taxlaw-2799	1604	68	contract	contract	NOUN
taxlaw-2799	1604	69	by	by	ADP
taxlaw-2799	1604	70	reason	reason	NOUN
taxlaw-2799	1604	71	of	of	ADP
taxlaw-2799	1604	72	that	that	DET
taxlaw-2799	1604	73	trading	trading	NOUN
taxlaw-2799	1604	74	.	.	PUNCT
taxlaw-2799	1605	1	that	that	DET
taxlaw-2799	1605	2	logic	logic	NOUN
taxlaw-2799	1605	3	in	in	ADP
taxlaw-2799	1605	4	turn	turn	NOUN
taxlaw-2799	1605	5	confirms	confirm	VERB
taxlaw-2799	1605	6	that	that	SCONJ
taxlaw-2799	1605	7	the	the	DET
taxlaw-2799	1605	8	term	term	NOUN
taxlaw-2799	1605	9	“	"	PUNCT
taxlaw-2799	1605	10	regulated	regulated	ADJ
taxlaw-2799	1605	11	futures	future	NOUN
taxlaw-2799	1605	12	contract	contract	NOUN
taxlaw-2799	1605	13	”	"	PUNCT
taxlaw-2799	1605	14	should	should	AUX
taxlaw-2799	1605	15	be	be	AUX
taxlaw-2799	1605	16	given	give	VERB
taxlaw-2799	1605	17	a	a	DET
taxlaw-2799	1605	18	very	very	ADV
taxlaw-2799	1605	19	limited	limited	ADJ
taxlaw-2799	1605	20	meaning	meaning	NOUN
taxlaw-2799	1605	21	,	,	PUNCT
taxlaw-2799	1605	22	as	as	SCONJ
taxlaw-2799	1605	23	argued	argue	VERB
taxlaw-2799	1605	24	earlier	early	ADV
taxlaw-2799	1605	25	based	base	VERB
taxlaw-2799	1605	26	on	on	ADP
taxlaw-2799	1605	27	the	the	DET
taxlaw-2799	1605	28	prior	prior	ADJ
taxlaw-2799	1605	29	history	history	NOUN
taxlaw-2799	1605	30	of	of	ADP
taxlaw-2799	1605	31	§	§	PROPN
taxlaw-2799	1605	32	1256	1256	NUM
taxlaw-2799	1605	33	.	.	PUNCT
taxlaw-2799	1606	1	a	a	DET
taxlaw-2799	1606	2	second	second	ADJ
taxlaw-2799	1606	3	important	important	ADJ
taxlaw-2799	1606	4	implication	implication	NOUN
taxlaw-2799	1606	5	has	have	VERB
taxlaw-2799	1606	6	to	to	PART
taxlaw-2799	1606	7	do	do	VERB
taxlaw-2799	1606	8	with	with	ADP
taxlaw-2799	1606	9	the	the	DET
taxlaw-2799	1606	10	effect	effect	NOUN
taxlaw-2799	1606	11	under	under	ADP
taxlaw-2799	1606	12	current	current	ADJ
taxlaw-2799	1606	13	law	law	NOUN
taxlaw-2799	1606	14	of	of	ADP
taxlaw-2799	1606	15	clearing	clear	VERB
taxlaw-2799	1606	16	a	a	DET
taxlaw-2799	1606	17	derivative	derivative	NOUN
taxlaw-2799	1606	18	through	through	ADP
taxlaw-2799	1606	19	a	a	DET
taxlaw-2799	1606	20	regulated	regulated	ADJ
taxlaw-2799	1606	21	clearinghouse	clearinghouse	NOUN
taxlaw-2799	1606	22	.	.	PUNCT
taxlaw-2799	1607	1	if	if	SCONJ
taxlaw-2799	1607	2	it	it	PRON
taxlaw-2799	1607	3	is	be	AUX
taxlaw-2799	1607	4	a	a	DET
taxlaw-2799	1607	5	“	"	PUNCT
taxlaw-2799	1607	6	clarification	clarification	NOUN
taxlaw-2799	1607	7	”	"	PUNCT
taxlaw-2799	1607	8	to	to	PART
taxlaw-2799	1607	9	provide	provide	VERB
taxlaw-2799	1607	10	that	that	SCONJ
taxlaw-2799	1607	11	trading	trading	NOUN
taxlaw-2799	1607	12	cdss	cdss	NOUN
taxlaw-2799	1607	13	does	do	AUX
taxlaw-2799	1607	14	not	not	PART
taxlaw-2799	1607	15	cause	cause	VERB
taxlaw-2799	1607	16	them	they	PRON
taxlaw-2799	1607	17	to	to	PART
taxlaw-2799	1607	18	become	become	VERB
taxlaw-2799	1607	19	section	section	NOUN
taxlaw-2799	1607	20	1256	1256	NUM
taxlaw-2799	1607	21	contracts	contract	NOUN
taxlaw-2799	1607	22	,	,	PUNCT
taxlaw-2799	1607	23	it	it	PRON
taxlaw-2799	1607	24	seems	seem	VERB
taxlaw-2799	1607	25	likely	likely	ADJ
taxlaw-2799	1607	26	that	that	SCONJ
taxlaw-2799	1607	27	cdss	cdss	PROPN
taxlaw-2799	1607	28	do	do	AUX
taxlaw-2799	1607	29	not	not	PART
taxlaw-2799	1607	30	today	today	NOUN
taxlaw-2799	1607	31	constitute	constitute	VERB
taxlaw-2799	1607	32	section	section	NOUN
taxlaw-2799	1607	33	1256	1256	NUM
taxlaw-2799	1607	34	contracts	contract	NOUN
taxlaw-2799	1607	35	.	.	PUNCT
taxlaw-2799	1608	1	after	after	ADV
taxlaw-2799	1608	2	all	all	ADV
taxlaw-2799	1608	3	,	,	PUNCT
taxlaw-2799	1608	4	if	if	SCONJ
taxlaw-2799	1608	5	cleared	clear	VERB
taxlaw-2799	1608	6	cdss	cdss	NOUN
taxlaw-2799	1608	7	were	be	AUX
taxlaw-2799	1608	8	section	section	NOUN
taxlaw-2799	1608	9	1256	1256	NUM
taxlaw-2799	1608	10	contracts	contract	NOUN
taxlaw-2799	1608	11	today	today	NOUN
taxlaw-2799	1608	12	,	,	PUNCT
taxlaw-2799	1608	13	then	then	ADV
taxlaw-2799	1608	14	there	there	PRON
taxlaw-2799	1608	15	would	would	AUX
taxlaw-2799	1608	16	be	be	AUX
taxlaw-2799	1608	17	no	no	DET
taxlaw-2799	1608	18	reason	reason	NOUN
taxlaw-2799	1608	19	to	to	PART
taxlaw-2799	1608	20	include	include	VERB
taxlaw-2799	1608	21	them	they	PRON
taxlaw-2799	1608	22	in	in	ADP
taxlaw-2799	1608	23	the	the	DET
taxlaw-2799	1608	24	amendment	amendment	NOUN
taxlaw-2799	1608	25	.	.	PUNCT
taxlaw-2799	1609	1	thus	thus	ADV
taxlaw-2799	1609	2	,	,	PUNCT
taxlaw-2799	1609	3	the	the	DET
taxlaw-2799	1609	4	mere	mere	ADJ
taxlaw-2799	1609	5	fact	fact	NOUN
taxlaw-2799	1609	6	that	that	SCONJ
taxlaw-2799	1609	7	a	a	DET
taxlaw-2799	1609	8	cds	cd	NOUN
taxlaw-2799	1609	9	is	be	AUX
taxlaw-2799	1609	10	cleared	clear	VERB
taxlaw-2799	1609	11	through	through	ADP
taxlaw-2799	1609	12	a	a	DET
taxlaw-2799	1609	13	regulated	regulated	ADJ
taxlaw-2799	1609	14	clearinghouse	clearinghouse	NOUN
taxlaw-2799	1609	15	—	—	PUNCT
taxlaw-2799	1609	16	even	even	ADV
taxlaw-2799	1609	17	one	one	NUM
taxlaw-2799	1609	18	like	like	ADP
taxlaw-2799	1609	19	the	the	DET
taxlaw-2799	1609	20	cme	cme	PROPN
taxlaw-2799	1609	21	clearinghouse	clearinghouse	NOUN
taxlaw-2799	1609	22	whose	whose	DET
taxlaw-2799	1609	23	rules	rule	NOUN
taxlaw-2799	1609	24	are	be	AUX
taxlaw-2799	1609	25	integrally	integrally	ADV
taxlaw-2799	1609	26	connected	connect	VERB
taxlaw-2799	1609	27	to	to	ADP
taxlaw-2799	1609	28	the	the	DET
taxlaw-2799	1609	29	rules	rule	NOUN
taxlaw-2799	1609	30	of	of	ADP
taxlaw-2799	1609	31	an	an	DET
taxlaw-2799	1609	32	exchange	exchange	NOUN
taxlaw-2799	1609	33	—	—	PUNCT
taxlaw-2799	1609	34	should	should	AUX
taxlaw-2799	1609	35	not	not	PART
taxlaw-2799	1609	36	cause	cause	VERB
taxlaw-2799	1609	37	it	it	PRON
taxlaw-2799	1609	38	to	to	PART
taxlaw-2799	1609	39	become	become	VERB
taxlaw-2799	1609	40	a	a	DET
taxlaw-2799	1609	41	section	section	NOUN
taxlaw-2799	1609	42	1256	1256	NUM
taxlaw-2799	1609	43	contract	contract	NOUN
taxlaw-2799	1609	44	.	.	PUNCT
taxlaw-2799	1610	1	having	having	AUX
taxlaw-2799	1610	2	extracted	extract	VERB
taxlaw-2799	1610	3	this	this	DET
taxlaw-2799	1610	4	much	much	ADJ
taxlaw-2799	1610	5	from	from	ADP
taxlaw-2799	1610	6	the	the	DET
taxlaw-2799	1610	7	single	single	ADJ
taxlaw-2799	1610	8	operative	operative	ADJ
taxlaw-2799	1610	9	sentence	sentence	NOUN
taxlaw-2799	1610	10	of	of	ADP
taxlaw-2799	1610	11	the	the	DET
taxlaw-2799	1610	12	§	§	PROPN
taxlaw-2799	1610	13	1256	1256	NUM
taxlaw-2799	1610	14	amendment	amendment	NOUN
taxlaw-2799	1610	15	and	and	CCONJ
taxlaw-2799	1610	16	the	the	DET
taxlaw-2799	1610	17	single	single	ADJ
taxlaw-2799	1610	18	sentence	sentence	NOUN
taxlaw-2799	1610	19	of	of	ADP
taxlaw-2799	1610	20	legislative	legislative	ADJ
taxlaw-2799	1610	21	history	history	NOUN
taxlaw-2799	1610	22	,	,	PUNCT
taxlaw-2799	1610	23	let	let	VERB
taxlaw-2799	1610	24	us	we	PRON
taxlaw-2799	1610	25	return	return	VERB
taxlaw-2799	1610	26	to	to	ADP
taxlaw-2799	1610	27	some	some	PRON
taxlaw-2799	1610	28	of	of	ADP
taxlaw-2799	1610	29	the	the	DET
taxlaw-2799	1610	30	conundra	conundra	NOUN
taxlaw-2799	1610	31	we	we	PRON
taxlaw-2799	1610	32	considered	consider	VERB
taxlaw-2799	1610	33	earlier	early	ADV
taxlaw-2799	1610	34	in	in	ADP
taxlaw-2799	1610	35	the	the	DET
taxlaw-2799	1610	36	article	article	NOUN
taxlaw-2799	1610	37	.	.	PUNCT
taxlaw-2799	1611	1	the	the	DET
taxlaw-2799	1611	2	first	first	ADJ
taxlaw-2799	1611	3	was	be	AUX
taxlaw-2799	1611	4	the	the	DET
taxlaw-2799	1611	5	potential	potential	ADJ
taxlaw-2799	1611	6	disparities	disparity	NOUN
taxlaw-2799	1611	7	in	in	ADP
taxlaw-2799	1611	8	the	the	DET
taxlaw-2799	1611	9	tax	tax	NOUN
taxlaw-2799	1611	10	rules	rule	NOUN
taxlaw-2799	1611	11	applicable	applicable	ADJ
taxlaw-2799	1611	12	to	to	ADP
taxlaw-2799	1611	13	an	an	DET
taxlaw-2799	1611	14	interest	interest	NOUN
taxlaw-2799	1611	15	rate	rate	NOUN
taxlaw-2799	1611	16	swap	swap	NOUN
taxlaw-2799	1611	17	,	,	PUNCT
taxlaw-2799	1611	18	and	and	CCONJ
taxlaw-2799	1611	19	idcg	idcg	PROPN
taxlaw-2799	1611	20	interest	interest	PROPN
taxlaw-2799	1611	21	rate	rate	PROPN
taxlaw-2799	1611	22	swap	swap	PROPN
taxlaw-2799	1611	23	futures	future	NOUN
taxlaw-2799	1611	24	contract	contract	NOUN
taxlaw-2799	1611	25	and	and	CCONJ
taxlaw-2799	1611	26	a	a	DET
taxlaw-2799	1611	27	cme	cme	PROPN
taxlaw-2799	1611	28	futures	future	NOUN
taxlaw-2799	1611	29	contract	contract	NOUN
taxlaw-2799	1611	30	.	.	PUNCT
taxlaw-2799	1612	1	the	the	DET
taxlaw-2799	1612	2	second	second	ADJ
taxlaw-2799	1612	3	was	be	AUX
taxlaw-2799	1612	4	the	the	DET
taxlaw-2799	1612	5	treatment	treatment	NOUN
taxlaw-2799	1612	6	of	of	ADP
taxlaw-2799	1612	7	various	various	ADJ
taxlaw-2799	1612	8	instruments	instrument	NOUN
taxlaw-2799	1612	9	in	in	ADP
taxlaw-2799	1612	10	a	a	DET
taxlaw-2799	1612	11	dealer	dealer	NOUN
taxlaw-2799	1612	12	’s	’s	PART
taxlaw-2799	1612	13	interest	interest	NOUN
taxlaw-2799	1612	14	rate	rate	NOUN
taxlaw-2799	1612	15	swap	swap	NOUN
taxlaw-2799	1612	16	book	book	NOUN
taxlaw-2799	1612	17	.	.	PUNCT
taxlaw-2799	1613	1	a	a	DET
taxlaw-2799	1613	2	third	third	ADJ
taxlaw-2799	1613	3	interesting	interesting	ADJ
taxlaw-2799	1613	4	question	question	NOUN
taxlaw-2799	1613	5	is	be	AUX
taxlaw-2799	1613	6	how	how	SCONJ
taxlaw-2799	1613	7	the	the	DET
taxlaw-2799	1613	8	§	§	PROPN
taxlaw-2799	1613	9	1256	1256	NUM
taxlaw-2799	1613	10	amendment	amendment	NOUN
taxlaw-2799	1613	11	affects	affect	VERB
taxlaw-2799	1613	12	energy	energy	NOUN
taxlaw-2799	1613	13	swaps	swap	NOUN
taxlaw-2799	1613	14	.	.	PUNCT
taxlaw-2799	1614	1	the	the	DET
taxlaw-2799	1614	2	idcg	idcg	PROPN
taxlaw-2799	1614	3	contract	contract	NOUN
taxlaw-2799	1614	4	is	be	AUX
taxlaw-2799	1614	5	both	both	PRON
taxlaw-2799	1614	6	a	a	DET
taxlaw-2799	1614	7	futures	future	NOUN
taxlaw-2799	1614	8	contract	contract	NOUN
taxlaw-2799	1614	9	and	and	CCONJ
taxlaw-2799	1614	10	an	an	DET
taxlaw-2799	1614	11	interest	interest	NOUN
taxlaw-2799	1614	12	rate	rate	NOUN
taxlaw-2799	1614	13	swap	swap	NOUN
taxlaw-2799	1614	14	,	,	PUNCT
taxlaw-2799	1614	15	since	since	SCONJ
taxlaw-2799	1614	16	no	no	DET
taxlaw-2799	1614	17	rule	rule	NOUN
taxlaw-2799	1614	18	tells	tell	VERB
taxlaw-2799	1614	19	us	we	PRON
taxlaw-2799	1614	20	that	that	SCONJ
taxlaw-2799	1614	21	the	the	DET
taxlaw-2799	1614	22	two	two	NUM
taxlaw-2799	1614	23	are	be	AUX
taxlaw-2799	1614	24	mutually	mutually	ADV
taxlaw-2799	1614	25	inconsistent.140	inconsistent.140	ADJ
taxlaw-2799	1614	26	the	the	DET
taxlaw-2799	1614	27	pre	pre	NOUN
taxlaw-2799	1614	28	-	-	ADJ
taxlaw-2799	1614	29	dodd	dodd	ADJ
taxlaw-2799	1614	30	-	-	PUNCT
taxlaw-2799	1614	31	frank	frank	ADJ
taxlaw-2799	1614	32	status	status	NOUN
taxlaw-2799	1614	33	quo	quo	NOUN
taxlaw-2799	1614	34	is	be	AUX
taxlaw-2799	1614	35	uncertain	uncertain	ADJ
taxlaw-2799	1614	36	,	,	PUNCT
taxlaw-2799	1614	37	since	since	SCONJ
taxlaw-2799	1614	38	while	while	SCONJ
taxlaw-2799	1614	39	the	the	DET
taxlaw-2799	1614	40	contract	contract	NOUN
taxlaw-2799	1614	41	is	be	AUX
taxlaw-2799	1614	42	a	a	DET
taxlaw-2799	1614	43	futures	future	NOUN
taxlaw-2799	1614	44	contract	contract	NOUN
taxlaw-2799	1614	45	it	it	PRON
taxlaw-2799	1614	46	is	be	AUX
taxlaw-2799	1614	47	not	not	PART
taxlaw-2799	1614	48	a	a	DET
taxlaw-2799	1614	49	contract	contract	NOUN
taxlaw-2799	1614	50	of	of	ADP
taxlaw-2799	1614	51	the	the	DET
taxlaw-2799	1614	52	kind	kind	NOUN
taxlaw-2799	1614	53	congress	congress	PROPN
taxlaw-2799	1614	54	envisioned	envision	VERB
taxlaw-2799	1614	55	when	when	SCONJ
taxlaw-2799	1614	56	§	§	PROPN
taxlaw-2799	1614	57	1256	1256	NUM
taxlaw-2799	1614	58	was	be	AUX
taxlaw-2799	1614	59	enacted	enact	VERB
taxlaw-2799	1614	60	.	.	PUNCT
taxlaw-2799	1615	1	indeed	indeed	ADV
taxlaw-2799	1615	2	,	,	PUNCT
taxlaw-2799	1615	3	as	as	SCONJ
taxlaw-2799	1615	4	noted	note	VERB
taxlaw-2799	1615	5	above	above	ADV
taxlaw-2799	1615	6	,	,	PUNCT
taxlaw-2799	1615	7	the	the	DET
taxlaw-2799	1615	8	idcg	idcg	PROPN
taxlaw-2799	1615	9	swap	swap	PROPN
taxlaw-2799	1615	10	futures	future	NOUN
taxlaw-2799	1615	11	contract	contract	NOUN
taxlaw-2799	1615	12	illustrates	illustrate	VERB
taxlaw-2799	1615	13	that	that	SCONJ
taxlaw-2799	1615	14	the	the	DET
taxlaw-2799	1615	15	issues	issue	NOUN
taxlaw-2799	1615	16	raised	raise	VERB
taxlaw-2799	1615	17	by	by	ADP
taxlaw-2799	1615	18	the	the	DET
taxlaw-2799	1615	19	migration	migration	NOUN
taxlaw-2799	1615	20	of	of	ADP
taxlaw-2799	1615	21	otc	otc	PROPN
taxlaw-2799	1615	22	contracts	contract	NOUN
taxlaw-2799	1615	23	into	into	ADP
taxlaw-2799	1615	24	regulated	regulated	ADJ
taxlaw-2799	1615	25	clearinghouses	clearinghouse	NOUN
taxlaw-2799	1615	26	and	and	CCONJ
taxlaw-2799	1615	27	onto	onto	ADP
taxlaw-2799	1615	28	exchanges	exchange	NOUN
taxlaw-2799	1615	29	is	be	AUX
taxlaw-2799	1615	30	not	not	PART
taxlaw-2799	1615	31	solely	solely	ADV
taxlaw-2799	1615	32	the	the	DET
taxlaw-2799	1615	33	result	result	NOUN
taxlaw-2799	1615	34	of	of	ADP
taxlaw-2799	1615	35	dodd	dodd	PROPN
taxlaw-2799	1615	36	-	-	PUNCT
taxlaw-2799	1615	37	frank	frank	PROPN
taxlaw-2799	1615	38	.	.	PUNCT
taxlaw-2799	1616	1	these	these	DET
taxlaw-2799	1616	2	issues	issue	NOUN
taxlaw-2799	1616	3	also	also	ADV
taxlaw-2799	1616	4	arise	arise	VERB
taxlaw-2799	1616	5	because	because	SCONJ
taxlaw-2799	1616	6	of	of	ADP
taxlaw-2799	1616	7	the	the	DET
taxlaw-2799	1616	8	initiatives	initiative	NOUN
taxlaw-2799	1616	9	taken	take	VERB
taxlaw-2799	1616	10	by	by	ADP
taxlaw-2799	1616	11	commodities	commodity	NOUN
taxlaw-2799	1616	12	exchanges	exchange	NOUN
taxlaw-2799	1616	13	to	to	PART
taxlaw-2799	1616	14	expand	expand	VERB
taxlaw-2799	1616	15	the	the	DET
taxlaw-2799	1616	16	scope	scope	NOUN
taxlaw-2799	1616	17	of	of	ADP
taxlaw-2799	1616	18	their	their	PRON
taxlaw-2799	1616	19	products	product	NOUN
taxlaw-2799	1616	20	.	.	PUNCT
taxlaw-2799	1617	1	that	that	PRON
taxlaw-2799	1617	2	is	is	ADV
taxlaw-2799	1617	3	,	,	PUNCT
taxlaw-2799	1617	4	the	the	DET
taxlaw-2799	1617	5	status	status	NOUN
taxlaw-2799	1617	6	quo	quo	PROPN
taxlaw-2799	1617	7	pre	pre	NOUN
taxlaw-2799	1617	8	-	-	PROPN
taxlaw-2799	1617	9	dodd	dodd	PROPN
taxlaw-2799	1617	10	frank	frank	PROPN
taxlaw-2799	1617	11	was	be	AUX
taxlaw-2799	1617	12	a	a	DET
taxlaw-2799	1617	13	moving	moving	NOUN
taxlaw-2799	1617	14	rather	rather	ADV
taxlaw-2799	1617	15	than	than	ADP
taxlaw-2799	1617	16	static	static	ADJ
taxlaw-2799	1617	17	object	object	NOUN
taxlaw-2799	1617	18	,	,	PUNCT
taxlaw-2799	1617	19	and	and	CCONJ
taxlaw-2799	1617	20	thus	thus	ADV
taxlaw-2799	1617	21	not	not	PART
taxlaw-2799	1617	22	easy	easy	ADJ
taxlaw-2799	1617	23	to	to	PART
taxlaw-2799	1617	24	freeze	freeze	VERB
taxlaw-2799	1617	25	.	.	PUNCT
taxlaw-2799	1618	1	neither	neither	CCONJ
taxlaw-2799	1618	2	statutory	statutory	ADJ
taxlaw-2799	1618	3	language	language	NOUN
taxlaw-2799	1618	4	nor	nor	CCONJ
taxlaw-2799	1618	5	legislative	legislative	ADJ
taxlaw-2799	1618	6	history	history	NOUN
taxlaw-2799	1618	7	definitively	definitively	ADV
taxlaw-2799	1618	8	answer	answer	VERB
taxlaw-2799	1618	9	the	the	DET
taxlaw-2799	1618	10	question	question	NOUN
taxlaw-2799	1618	11	of	of	ADP
taxlaw-2799	1618	12	how	how	SCONJ
taxlaw-2799	1618	13	an	an	DET
taxlaw-2799	1618	14	idcg	idcg	PROPN
taxlaw-2799	1618	15	swap	swap	PROPN
taxlaw-2799	1618	16	futures	future	NOUN
taxlaw-2799	1618	17	contract	contract	NOUN
taxlaw-2799	1618	18	should	should	AUX
taxlaw-2799	1618	19	be	be	AUX
taxlaw-2799	1618	20	treated	treat	VERB
taxlaw-2799	1618	21	.	.	PUNCT
taxlaw-2799	1619	1	on	on	ADP
taxlaw-2799	1619	2	balance	balance	NOUN
taxlaw-2799	1619	3	,	,	PUNCT
taxlaw-2799	1619	4	this	this	DET
taxlaw-2799	1619	5	author	author	NOUN
taxlaw-2799	1619	6	would	would	AUX
taxlaw-2799	1619	7	come	come	VERB
taxlaw-2799	1619	8	to	to	ADP
taxlaw-2799	1619	9	the	the	DET
taxlaw-2799	1619	10	conclusion	conclusion	NOUN
taxlaw-2799	1619	11	that	that	SCONJ
taxlaw-2799	1619	12	the	the	DET
taxlaw-2799	1619	13	§	§	PROPN
taxlaw-2799	1619	14	1256	1256	NUM
taxlaw-2799	1619	15	amendment	amendment	NOUN
taxlaw-2799	1619	16	’s	’s	PART
taxlaw-2799	1619	17	statement	statement	NOUN
taxlaw-2799	1619	18	that	that	SCONJ
taxlaw-2799	1619	19	an	an	DET
taxlaw-2799	1619	20	interest	interest	NOUN
taxlaw-2799	1619	21	rate	rate	NOUN
taxlaw-2799	1619	22	swap	swap	NOUN
taxlaw-2799	1619	23	does	do	AUX
taxlaw-2799	1619	24	not	not	PART
taxlaw-2799	1619	25	constitute	constitute	VERB
taxlaw-2799	1619	26	a	a	DET
taxlaw-2799	1619	27	section	section	NOUN
taxlaw-2799	1619	28	1256	1256	NUM
taxlaw-2799	1619	29	contract	contract	NOUN
taxlaw-2799	1619	30	should	should	AUX
taxlaw-2799	1619	31	be	be	AUX
taxlaw-2799	1619	32	read	read	VERB
taxlaw-2799	1619	33	to	to	PART
taxlaw-2799	1619	34	override	override	VERB
taxlaw-2799	1619	35	the	the	DET
taxlaw-2799	1619	36	rules	rule	NOUN
taxlaw-2799	1619	37	otherwise	otherwise	ADV
taxlaw-2799	1619	38	applicable	applicable	ADJ
taxlaw-2799	1619	39	to	to	ADP
taxlaw-2799	1619	40	futures	future	NOUN
taxlaw-2799	1619	41	contracts	contract	NOUN
taxlaw-2799	1619	42	,	,	PUNCT
taxlaw-2799	1619	43	at	at	ADP
taxlaw-2799	1619	44	least	least	ADJ
taxlaw-2799	1619	45	in	in	ADP
taxlaw-2799	1619	46	a	a	DET
taxlaw-2799	1619	47	case	case	NOUN
taxlaw-2799	1619	48	like	like	ADP
taxlaw-2799	1619	49	this	this	DET
taxlaw-2799	1619	50	one	one	NOUN
taxlaw-2799	1619	51	where	where	SCONJ
taxlaw-2799	1619	52	the	the	DET
taxlaw-2799	1619	53	140	140	NUM
taxlaw-2799	1619	54	this	this	PRON
taxlaw-2799	1619	55	is	be	AUX
taxlaw-2799	1619	56	a	a	DET
taxlaw-2799	1619	57	slight	slight	ADJ
taxlaw-2799	1619	58	overstatement	overstatement	NOUN
taxlaw-2799	1619	59	.	.	PUNCT
taxlaw-2799	1620	1	as	as	SCONJ
taxlaw-2799	1620	2	bill	bill	PROPN
taxlaw-2799	1620	3	paul	paul	PROPN
taxlaw-2799	1620	4	has	have	AUX
taxlaw-2799	1620	5	commented	comment	VERB
taxlaw-2799	1620	6	to	to	ADP
taxlaw-2799	1620	7	me	i	PRON
taxlaw-2799	1620	8	several	several	ADJ
taxlaw-2799	1620	9	times	time	NOUN
taxlaw-2799	1620	10	,	,	PUNCT
taxlaw-2799	1620	11	the	the	DET
taxlaw-2799	1620	12	definition	definition	NOUN
taxlaw-2799	1620	13	of	of	ADP
taxlaw-2799	1620	14	npc	npc	NOUN
taxlaw-2799	1620	15	in	in	ADP
taxlaw-2799	1620	16	treasury	treasury	NOUN
taxlaw-2799	1620	17	regulation	regulation	NOUN
taxlaw-2799	1620	18	§	§	PROPN
taxlaw-2799	1620	19	1.446	1.446	NUM
taxlaw-2799	1620	20	-	-	SYM
taxlaw-2799	1620	21	3	3	NUM
taxlaw-2799	1620	22	excludes	exclude	VERB
taxlaw-2799	1620	23	a	a	DET
taxlaw-2799	1620	24	futures	future	NOUN
taxlaw-2799	1620	25	contract	contract	NOUN
taxlaw-2799	1620	26	.	.	PUNCT
taxlaw-2799	1621	1	if	if	SCONJ
taxlaw-2799	1621	2	that	that	DET
taxlaw-2799	1621	3	priority	priority	NOUN
taxlaw-2799	1621	4	rule	rule	NOUN
taxlaw-2799	1621	5	applied	apply	VERB
taxlaw-2799	1621	6	more	more	ADV
taxlaw-2799	1621	7	generally	generally	ADV
taxlaw-2799	1621	8	,	,	PUNCT
taxlaw-2799	1621	9	the	the	DET
taxlaw-2799	1621	10	sprinkling	sprinkling	NOUN
taxlaw-2799	1621	11	of	of	ADP
taxlaw-2799	1621	12	cftc	cftc	PROPN
taxlaw-2799	1621	13	pixie	pixie	PROPN
taxlaw-2799	1621	14	dust	dust	NOUN
taxlaw-2799	1621	15	over	over	ADP
taxlaw-2799	1621	16	a	a	DET
taxlaw-2799	1621	17	contract	contract	NOUN
taxlaw-2799	1621	18	to	to	PART
taxlaw-2799	1621	19	make	make	VERB
taxlaw-2799	1621	20	it	it	PRON
taxlaw-2799	1621	21	a	a	DET
taxlaw-2799	1621	22	futures	future	NOUN
taxlaw-2799	1621	23	contract	contract	NOUN
taxlaw-2799	1621	24	could	could	AUX
taxlaw-2799	1621	25	mean	mean	VERB
taxlaw-2799	1621	26	that	that	SCONJ
taxlaw-2799	1621	27	such	such	DET
taxlaw-2799	1621	28	a	a	DET
taxlaw-2799	1621	29	contract	contract	NOUN
taxlaw-2799	1621	30	fell	fall	VERB
taxlaw-2799	1621	31	outside	outside	ADP
taxlaw-2799	1621	32	the	the	DET
taxlaw-2799	1621	33	scope	scope	NOUN
taxlaw-2799	1621	34	of	of	ADP
taxlaw-2799	1621	35	the	the	DET
taxlaw-2799	1621	36	§	§	PROPN
taxlaw-2799	1621	37	1256	1256	NUM
taxlaw-2799	1621	38	amendment	amendment	NOUN
taxlaw-2799	1621	39	,	,	PUNCT
taxlaw-2799	1621	40	at	at	ADP
taxlaw-2799	1621	41	least	least	ADJ
taxlaw-2799	1621	42	if	if	SCONJ
taxlaw-2799	1621	43	one	one	PRON
taxlaw-2799	1621	44	believes	believe	VERB
taxlaw-2799	1621	45	that	that	SCONJ
taxlaw-2799	1621	46	that	that	DET
taxlaw-2799	1621	47	amendment	amendment	NOUN
taxlaw-2799	1621	48	is	be	AUX
taxlaw-2799	1621	49	intended	intend	VERB
taxlaw-2799	1621	50	primarily	primarily	ADV
taxlaw-2799	1621	51	to	to	PART
taxlaw-2799	1621	52	cover	cover	VERB
taxlaw-2799	1621	53	npcs	npc	NOUN
taxlaw-2799	1621	54	.	.	PUNCT
taxlaw-2799	1622	1	while	while	SCONJ
taxlaw-2799	1622	2	acknowledging	acknowledge	VERB
taxlaw-2799	1622	3	the	the	DET
taxlaw-2799	1622	4	technical	technical	ADJ
taxlaw-2799	1622	5	point	point	NOUN
taxlaw-2799	1622	6	,	,	PUNCT
taxlaw-2799	1622	7	the	the	DET
taxlaw-2799	1622	8	author	author	NOUN
taxlaw-2799	1622	9	does	do	AUX
taxlaw-2799	1622	10	not	not	PART
taxlaw-2799	1622	11	believe	believe	VERB
taxlaw-2799	1622	12	that	that	SCONJ
taxlaw-2799	1622	13	an	an	DET
taxlaw-2799	1622	14	obscure	obscure	ADJ
taxlaw-2799	1622	15	regulatory	regulatory	ADJ
taxlaw-2799	1622	16	rule	rule	NOUN
taxlaw-2799	1622	17	intended	intend	VERB
taxlaw-2799	1622	18	to	to	PART
taxlaw-2799	1622	19	ensure	ensure	VERB
taxlaw-2799	1622	20	that	that	SCONJ
taxlaw-2799	1622	21	only	only	ADV
taxlaw-2799	1622	22	one	one	NUM
taxlaw-2799	1622	23	set	set	NOUN
taxlaw-2799	1622	24	of	of	ADP
taxlaw-2799	1622	25	timing	timing	NOUN
taxlaw-2799	1622	26	rules	rule	NOUN
taxlaw-2799	1622	27	applied	apply	VERB
taxlaw-2799	1622	28	to	to	ADP
taxlaw-2799	1622	29	a	a	DET
taxlaw-2799	1622	30	particular	particular	ADJ
taxlaw-2799	1622	31	contract	contract	NOUN
taxlaw-2799	1622	32	should	should	AUX
taxlaw-2799	1622	33	be	be	AUX
taxlaw-2799	1622	34	viewed	view	VERB
taxlaw-2799	1622	35	as	as	ADP
taxlaw-2799	1622	36	informing	inform	VERB
taxlaw-2799	1622	37	congress	congress	PROPN
taxlaw-2799	1622	38	’s	’s	PART
taxlaw-2799	1622	39	judgment	judgment	NOUN
taxlaw-2799	1622	40	as	as	ADP
taxlaw-2799	1622	41	to	to	ADP
taxlaw-2799	1622	42	which	which	PRON
taxlaw-2799	1622	43	of	of	ADP
taxlaw-2799	1622	44	those	those	DET
taxlaw-2799	1622	45	rules	rule	NOUN
taxlaw-2799	1622	46	should	should	AUX
taxlaw-2799	1622	47	take	take	VERB
taxlaw-2799	1622	48	priority	priority	NOUN
taxlaw-2799	1622	49	.	.	PUNCT
taxlaw-2799	1623	1	80	80	NUM
taxlaw-2799	1623	2	columbia	columbia	PROPN
taxlaw-2799	1623	3	jour	jour	PROPN
taxlaw-2799	1623	4	al	al	PROPN
taxlaw-2799	1623	5	of	of	ADP
taxlaw-2799	1623	6	tax	tax	NOUN
taxlaw-2799	1623	7	law	law	NOUN
taxlaw-2799	1623	8	[	[	X
taxlaw-2799	1623	9	vol	vol	NOUN
taxlaw-2799	1623	10	.	.	PUNCT
taxlaw-2799	1623	11	2:1	2:1	NUM
taxlaw-2799	1624	1	futures	future	NOUN
taxlaw-2799	1624	2	contract	contract	NOUN
taxlaw-2799	1624	3	is	be	AUX
taxlaw-2799	1624	4	not	not	PART
taxlaw-2799	1624	5	of	of	ADP
taxlaw-2799	1624	6	a	a	DET
taxlaw-2799	1624	7	kind	kind	NOUN
taxlaw-2799	1624	8	envisioned	envision	VERB
taxlaw-2799	1624	9	by	by	ADP
taxlaw-2799	1624	10	congress	congress	PROPN
taxlaw-2799	1624	11	.	.	PUNCT
taxlaw-2799	1625	1	that	that	DET
taxlaw-2799	1625	2	conclusion	conclusion	NOUN
taxlaw-2799	1625	3	is	be	AUX
taxlaw-2799	1625	4	based	base	VERB
taxlaw-2799	1625	5	on	on	ADP
taxlaw-2799	1625	6	the	the	DET
taxlaw-2799	1625	7	history	history	NOUN
taxlaw-2799	1625	8	of	of	ADP
taxlaw-2799	1625	9	interpreting	interpret	VERB
taxlaw-2799	1625	10	§	§	PROPN
taxlaw-2799	1625	11	1256	1256	NUM
taxlaw-2799	1625	12	narrowly	narrowly	ADV
taxlaw-2799	1625	13	,	,	PUNCT
taxlaw-2799	1625	14	the	the	DET
taxlaw-2799	1625	15	similarly	similarly	ADV
taxlaw-2799	1625	16	restrictive	restrictive	ADJ
taxlaw-2799	1625	17	intent	intent	NOUN
taxlaw-2799	1625	18	of	of	ADP
taxlaw-2799	1625	19	the	the	DET
taxlaw-2799	1625	20	§	§	PROPN
taxlaw-2799	1625	21	1256	1256	NUM
taxlaw-2799	1625	22	amendment	amendment	NOUN
taxlaw-2799	1625	23	,	,	PUNCT
taxlaw-2799	1625	24	the	the	DET
taxlaw-2799	1625	25	lack	lack	NOUN
taxlaw-2799	1625	26	of	of	ADP
taxlaw-2799	1625	27	any	any	DET
taxlaw-2799	1625	28	rules	rule	NOUN
taxlaw-2799	1625	29	in	in	ADP
taxlaw-2799	1625	30	§	§	PROPN
taxlaw-2799	1625	31	1256	1256	NUM
taxlaw-2799	1625	32	for	for	ADP
taxlaw-2799	1625	33	contracts	contract	NOUN
taxlaw-2799	1625	34	with	with	ADP
taxlaw-2799	1625	35	periodic	periodic	ADJ
taxlaw-2799	1625	36	payments	payment	NOUN
taxlaw-2799	1625	37	,	,	PUNCT
taxlaw-2799	1625	38	and	and	CCONJ
taxlaw-2799	1625	39	the	the	DET
taxlaw-2799	1625	40	desirability	desirability	NOUN
taxlaw-2799	1625	41	of	of	ADP
taxlaw-2799	1625	42	having	have	VERB
taxlaw-2799	1625	43	consistent	consistent	ADJ
taxlaw-2799	1625	44	rules	rule	NOUN
taxlaw-2799	1625	45	for	for	ADP
taxlaw-2799	1625	46	all	all	DET
taxlaw-2799	1625	47	interest	interest	NOUN
taxlaw-2799	1625	48	rate	rate	NOUN
taxlaw-2799	1625	49	swaps	swap	NOUN
taxlaw-2799	1625	50	.	.	PUNCT
taxlaw-2799	1626	1	given	give	VERB
taxlaw-2799	1626	2	the	the	DET
taxlaw-2799	1626	3	uncertainty	uncertainty	NOUN
taxlaw-2799	1626	4	of	of	ADP
taxlaw-2799	1626	5	this	this	PRON
taxlaw-2799	1626	6	or	or	CCONJ
taxlaw-2799	1626	7	any	any	DET
taxlaw-2799	1626	8	other	other	ADJ
taxlaw-2799	1626	9	conclusion	conclusion	NOUN
taxlaw-2799	1626	10	with	with	ADP
taxlaw-2799	1626	11	respect	respect	NOUN
taxlaw-2799	1626	12	to	to	ADP
taxlaw-2799	1626	13	idcg	idcg	PROPN
taxlaw-2799	1626	14	interest	interest	PROPN
taxlaw-2799	1626	15	rate	rate	PROPN
taxlaw-2799	1626	16	swap	swap	NOUN
taxlaw-2799	1626	17	futures	future	NOUN
taxlaw-2799	1626	18	contracts	contract	NOUN
taxlaw-2799	1626	19	,	,	PUNCT
taxlaw-2799	1626	20	this	this	DET
taxlaw-2799	1626	21	contract	contract	NOUN
taxlaw-2799	1626	22	is	be	AUX
taxlaw-2799	1626	23	a	a	DET
taxlaw-2799	1626	24	prime	prime	ADJ
taxlaw-2799	1626	25	example	example	NOUN
taxlaw-2799	1626	26	of	of	ADP
taxlaw-2799	1626	27	the	the	DET
taxlaw-2799	1626	28	need	need	NOUN
taxlaw-2799	1626	29	for	for	ADP
taxlaw-2799	1626	30	regulatory	regulatory	ADJ
taxlaw-2799	1626	31	guidance	guidance	NOUN
taxlaw-2799	1626	32	.	.	PUNCT
taxlaw-2799	1627	1	if	if	SCONJ
taxlaw-2799	1627	2	one	one	NOUN
taxlaw-2799	1627	3	concludes	conclude	VERB
taxlaw-2799	1627	4	that	that	SCONJ
taxlaw-2799	1627	5	the	the	DET
taxlaw-2799	1627	6	idcg	idcg	PROPN
taxlaw-2799	1627	7	contract	contract	NOUN
taxlaw-2799	1627	8	is	be	AUX
taxlaw-2799	1627	9	not	not	PART
taxlaw-2799	1627	10	a	a	DET
taxlaw-2799	1627	11	section	section	NOUN
taxlaw-2799	1627	12	1256	1256	NUM
taxlaw-2799	1627	13	contract	contract	NOUN
taxlaw-2799	1627	14	,	,	PUNCT
taxlaw-2799	1627	15	one	one	PRON
taxlaw-2799	1627	16	might	might	AUX
taxlaw-2799	1627	17	wonder	wonder	VERB
taxlaw-2799	1627	18	also	also	ADV
taxlaw-2799	1627	19	about	about	ADP
taxlaw-2799	1627	20	the	the	DET
taxlaw-2799	1627	21	cme	cme	PROPN
taxlaw-2799	1627	22	swap	swap	PROPN
taxlaw-2799	1627	23	futures	future	NOUN
taxlaw-2799	1627	24	contract	contract	NOUN
taxlaw-2799	1627	25	.	.	PUNCT
taxlaw-2799	1628	1	if	if	SCONJ
taxlaw-2799	1628	2	the	the	DET
taxlaw-2799	1628	3	§	§	PROPN
taxlaw-2799	1628	4	1256	1256	NUM
taxlaw-2799	1628	5	amendment	amendment	NOUN
taxlaw-2799	1628	6	covers	cover	VERB
taxlaw-2799	1628	7	npcs	npc	NOUN
taxlaw-2799	1628	8	and	and	CCONJ
taxlaw-2799	1628	9	agreements	agreement	NOUN
taxlaw-2799	1628	10	that	that	PRON
taxlaw-2799	1628	11	are	be	AUX
taxlaw-2799	1628	12	similar	similar	ADJ
taxlaw-2799	1628	13	because	because	SCONJ
taxlaw-2799	1628	14	they	they	PRON
taxlaw-2799	1628	15	are	be	AUX
taxlaw-2799	1628	16	linked	link	VERB
taxlaw-2799	1628	17	economically	economically	ADV
taxlaw-2799	1628	18	to	to	ADP
taxlaw-2799	1628	19	npcs	npc	NOUN
taxlaw-2799	1628	20	,	,	PUNCT
taxlaw-2799	1628	21	even	even	ADV
taxlaw-2799	1628	22	the	the	DET
taxlaw-2799	1628	23	cme	cme	PROPN
taxlaw-2799	1628	24	swap	swap	PROPN
taxlaw-2799	1628	25	futures	future	NOUN
taxlaw-2799	1628	26	contract	contract	NOUN
taxlaw-2799	1628	27	might	might	AUX
taxlaw-2799	1628	28	not	not	PART
taxlaw-2799	1628	29	qualify	qualify	VERB
taxlaw-2799	1628	30	as	as	ADP
taxlaw-2799	1628	31	a	a	DET
taxlaw-2799	1628	32	section	section	NOUN
taxlaw-2799	1628	33	1256	1256	NUM
taxlaw-2799	1628	34	contract	contract	NOUN
taxlaw-2799	1628	35	.	.	PUNCT
taxlaw-2799	1629	1	turning	turn	VERB
taxlaw-2799	1629	2	to	to	ADP
taxlaw-2799	1629	3	the	the	DET
taxlaw-2799	1629	4	hypothetical	hypothetical	ADJ
taxlaw-2799	1629	5	dealer	dealer	NOUN
taxlaw-2799	1629	6	book	book	NOUN
taxlaw-2799	1629	7	consisting	consist	VERB
taxlaw-2799	1629	8	of	of	ADP
taxlaw-2799	1629	9	interest	interest	NOUN
taxlaw-2799	1629	10	rate	rate	NOUN
taxlaw-2799	1629	11	swaps	swap	NOUN
taxlaw-2799	1629	12	,	,	PUNCT
taxlaw-2799	1629	13	long	long	ADJ
taxlaw-2799	1629	14	and	and	CCONJ
taxlaw-2799	1629	15	short	short	ADJ
taxlaw-2799	1629	16	positions	position	NOUN
taxlaw-2799	1629	17	in	in	ADP
taxlaw-2799	1629	18	treasuries	treasury	NOUN
taxlaw-2799	1629	19	,	,	PUNCT
taxlaw-2799	1629	20	treasury	treasury	PROPN
taxlaw-2799	1629	21	futures	future	NOUN
taxlaw-2799	1629	22	and	and	CCONJ
taxlaw-2799	1629	23	options	option	NOUN
taxlaw-2799	1629	24	thereon	thereon	NOUN
taxlaw-2799	1629	25	,	,	PUNCT
taxlaw-2799	1629	26	cme	cme	PROPN
taxlaw-2799	1629	27	swap	swap	PROPN
taxlaw-2799	1629	28	futures	future	NOUN
taxlaw-2799	1629	29	,	,	PUNCT
taxlaw-2799	1629	30	icdg	icdg	ADJ
taxlaw-2799	1629	31	swap	swap	NOUN
taxlaw-2799	1629	32	futures	future	NOUN
taxlaw-2799	1629	33	,	,	PUNCT
taxlaw-2799	1629	34	forward	forward	ADJ
taxlaw-2799	1629	35	rate	rate	NOUN
taxlaw-2799	1629	36	agreement	agreement	NOUN
taxlaw-2799	1629	37	and	and	CCONJ
taxlaw-2799	1629	38	swaptions	swaption	NOUN
taxlaw-2799	1629	39	,	,	PUNCT
taxlaw-2799	1629	40	it	it	PRON
taxlaw-2799	1629	41	turns	turn	VERB
taxlaw-2799	1629	42	out	out	ADP
taxlaw-2799	1629	43	that	that	SCONJ
taxlaw-2799	1629	44	certainty	certainty	NOUN
taxlaw-2799	1629	45	is	be	AUX
taxlaw-2799	1629	46	similarly	similarly	ADV
taxlaw-2799	1629	47	elusive	elusive	ADJ
taxlaw-2799	1629	48	.	.	PUNCT
taxlaw-2799	1630	1	if	if	SCONJ
taxlaw-2799	1630	2	the	the	DET
taxlaw-2799	1630	3	forward	forward	ADJ
taxlaw-2799	1630	4	rate	rate	NOUN
taxlaw-2799	1630	5	agreement	agreement	NOUN
taxlaw-2799	1630	6	were	be	AUX
taxlaw-2799	1630	7	cleared	clear	VERB
taxlaw-2799	1630	8	and/or	and/or	CCONJ
taxlaw-2799	1630	9	traded	trade	VERB
taxlaw-2799	1630	10	on	on	ADP
taxlaw-2799	1630	11	a	a	DET
taxlaw-2799	1630	12	regulated	regulated	ADJ
taxlaw-2799	1630	13	market	market	NOUN
taxlaw-2799	1630	14	,	,	PUNCT
taxlaw-2799	1630	15	without	without	ADP
taxlaw-2799	1630	16	more	more	ADJ
taxlaw-2799	1630	17	,	,	PUNCT
taxlaw-2799	1630	18	it	it	PRON
taxlaw-2799	1630	19	would	would	AUX
taxlaw-2799	1630	20	appear	appear	VERB
taxlaw-2799	1630	21	to	to	PART
taxlaw-2799	1630	22	be	be	AUX
taxlaw-2799	1630	23	outside	outside	ADP
taxlaw-2799	1630	24	the	the	DET
taxlaw-2799	1630	25	scope	scope	NOUN
taxlaw-2799	1630	26	of	of	ADP
taxlaw-2799	1630	27	the	the	DET
taxlaw-2799	1630	28	§	§	PROPN
taxlaw-2799	1630	29	1256	1256	NUM
taxlaw-2799	1630	30	amendment	amendment	NOUN
taxlaw-2799	1630	31	except	except	SCONJ
taxlaw-2799	1630	32	under	under	ADP
taxlaw-2799	1630	33	one	one	NUM
taxlaw-2799	1630	34	of	of	ADP
taxlaw-2799	1630	35	the	the	DET
taxlaw-2799	1630	36	broader	broad	ADJ
taxlaw-2799	1630	37	readings	reading	NOUN
taxlaw-2799	1630	38	,	,	PUNCT
taxlaw-2799	1630	39	because	because	SCONJ
taxlaw-2799	1630	40	it	it	PRON
taxlaw-2799	1630	41	is	be	AUX
taxlaw-2799	1630	42	not	not	PART
taxlaw-2799	1630	43	an	an	DET
taxlaw-2799	1630	44	enumerated	enumerate	VERB
taxlaw-2799	1630	45	contract	contract	NOUN
taxlaw-2799	1630	46	and	and	CCONJ
taxlaw-2799	1630	47	also	also	ADV
taxlaw-2799	1630	48	not	not	PART
taxlaw-2799	1630	49	an	an	DET
taxlaw-2799	1630	50	npc	npc	NOUN
taxlaw-2799	1630	51	.	.	PUNCT
taxlaw-2799	1631	1	however	however	ADV
taxlaw-2799	1631	2	,	,	PUNCT
taxlaw-2799	1631	3	if	if	SCONJ
taxlaw-2799	1631	4	an	an	DET
taxlaw-2799	1631	5	rfc	rfc	NOUN
taxlaw-2799	1631	6	is	be	AUX
taxlaw-2799	1631	7	limited	limit	VERB
taxlaw-2799	1631	8	to	to	ADP
taxlaw-2799	1631	9	contracts	contract	NOUN
taxlaw-2799	1631	10	that	that	PRON
taxlaw-2799	1631	11	constitute	constitute	VERB
taxlaw-2799	1631	12	futures	future	NOUN
taxlaw-2799	1631	13	contracts	contract	NOUN
taxlaw-2799	1631	14	,	,	PUNCT
taxlaw-2799	1631	15	a	a	DET
taxlaw-2799	1631	16	cleared	clear	VERB
taxlaw-2799	1631	17	/	/	SYM
taxlaw-2799	1631	18	traded	trade	VERB
taxlaw-2799	1631	19	forward	forward	ADJ
taxlaw-2799	1631	20	rate	rate	NOUN
taxlaw-2799	1631	21	agreement	agreement	NOUN
taxlaw-2799	1631	22	would	would	AUX
taxlaw-2799	1631	23	also	also	ADV
taxlaw-2799	1631	24	not	not	PART
taxlaw-2799	1631	25	come	come	VERB
taxlaw-2799	1631	26	within	within	ADP
taxlaw-2799	1631	27	any	any	PRON
taxlaw-2799	1631	28	of	of	ADP
taxlaw-2799	1631	29	the	the	DET
taxlaw-2799	1631	30	definitions	definition	NOUN
taxlaw-2799	1631	31	of	of	ADP
taxlaw-2799	1631	32	a	a	DET
taxlaw-2799	1631	33	section	section	NOUN
taxlaw-2799	1631	34	1256	1256	NUM
taxlaw-2799	1631	35	contract	contract	NOUN
taxlaw-2799	1631	36	.	.	PUNCT
taxlaw-2799	1632	1	if	if	SCONJ
taxlaw-2799	1632	2	we	we	PRON
taxlaw-2799	1632	3	change	change	VERB
taxlaw-2799	1632	4	the	the	DET
taxlaw-2799	1632	5	facts	fact	NOUN
taxlaw-2799	1632	6	and	and	CCONJ
taxlaw-2799	1632	7	assume	assume	VERB
taxlaw-2799	1632	8	that	that	SCONJ
taxlaw-2799	1632	9	it	it	PRON
taxlaw-2799	1632	10	trades	trade	VERB
taxlaw-2799	1632	11	as	as	ADP
taxlaw-2799	1632	12	a	a	DET
taxlaw-2799	1632	13	forward	forward	ADJ
taxlaw-2799	1632	14	rate	rate	NOUN
taxlaw-2799	1632	15	agreement	agreement	NOUN
taxlaw-2799	1632	16	futures	future	NOUN
taxlaw-2799	1632	17	contract	contract	NOUN
taxlaw-2799	1632	18	,	,	PUNCT
taxlaw-2799	1632	19	then	then	ADV
taxlaw-2799	1632	20	it	it	PRON
taxlaw-2799	1632	21	would	would	AUX
taxlaw-2799	1632	22	be	be	AUX
taxlaw-2799	1632	23	hard	hard	ADJ
taxlaw-2799	1632	24	to	to	PART
taxlaw-2799	1632	25	see	see	VERB
taxlaw-2799	1632	26	how	how	SCONJ
taxlaw-2799	1632	27	the	the	DET
taxlaw-2799	1632	28	contract	contract	NOUN
taxlaw-2799	1632	29	could	could	AUX
taxlaw-2799	1632	30	be	be	AUX
taxlaw-2799	1632	31	anything	anything	PRON
taxlaw-2799	1632	32	other	other	ADJ
taxlaw-2799	1632	33	than	than	ADP
taxlaw-2799	1632	34	a	a	DET
taxlaw-2799	1632	35	section	section	NOUN
taxlaw-2799	1632	36	1256	1256	NUM
taxlaw-2799	1632	37	contract	contract	NOUN
taxlaw-2799	1632	38	.	.	PUNCT
taxlaw-2799	1633	1	the	the	DET
taxlaw-2799	1633	2	swaption	swaption	NOUN
taxlaw-2799	1633	3	raises	raise	VERB
taxlaw-2799	1633	4	a	a	DET
taxlaw-2799	1633	5	different	different	ADJ
taxlaw-2799	1633	6	technical	technical	ADJ
taxlaw-2799	1633	7	issue	issue	NOUN
taxlaw-2799	1633	8	.	.	PUNCT
taxlaw-2799	1634	1	if	if	SCONJ
taxlaw-2799	1634	2	traded	trade	VERB
taxlaw-2799	1634	3	on	on	ADP
taxlaw-2799	1634	4	a	a	DET
taxlaw-2799	1634	5	regulated	regulated	ADJ
taxlaw-2799	1634	6	exchange	exchange	NOUN
taxlaw-2799	1634	7	,	,	PUNCT
taxlaw-2799	1634	8	on	on	ADP
taxlaw-2799	1634	9	its	its	PRON
taxlaw-2799	1634	10	face	face	NOUN
taxlaw-2799	1634	11	it	it	PRON
taxlaw-2799	1634	12	would	would	AUX
taxlaw-2799	1634	13	appear	appear	VERB
taxlaw-2799	1634	14	to	to	PART
taxlaw-2799	1634	15	constitute	constitute	VERB
taxlaw-2799	1634	16	a	a	DET
taxlaw-2799	1634	17	“	"	PUNCT
taxlaw-2799	1634	18	non	non	ADJ
taxlaw-2799	1634	19	-	-	ADJ
taxlaw-2799	1634	20	equity	equity	ADJ
taxlaw-2799	1634	21	option	option	NOUN
taxlaw-2799	1634	22	,	,	PUNCT
taxlaw-2799	1634	23	”	"	PUNCT
taxlaw-2799	1634	24	a	a	DET
taxlaw-2799	1634	25	type	type	NOUN
taxlaw-2799	1634	26	of	of	ADP
taxlaw-2799	1634	27	section	section	NOUN
taxlaw-2799	1634	28	1256	1256	NUM
taxlaw-2799	1634	29	contract	contract	NOUN
taxlaw-2799	1634	30	.	.	PUNCT
taxlaw-2799	1635	1	the	the	DET
taxlaw-2799	1635	2	legislative	legislative	ADJ
taxlaw-2799	1635	3	history	history	NOUN
taxlaw-2799	1635	4	of	of	ADP
taxlaw-2799	1635	5	that	that	DET
taxlaw-2799	1635	6	definition	definition	NOUN
taxlaw-2799	1635	7	does	do	AUX
taxlaw-2799	1635	8	not	not	PART
taxlaw-2799	1635	9	indicate	indicate	VERB
taxlaw-2799	1635	10	any	any	DET
taxlaw-2799	1635	11	particular	particular	ADJ
taxlaw-2799	1635	12	congressional	congressional	ADJ
taxlaw-2799	1635	13	interest	interest	NOUN
taxlaw-2799	1635	14	in	in	ADP
taxlaw-2799	1635	15	limiting	limit	VERB
taxlaw-2799	1635	16	the	the	DET
taxlaw-2799	1635	17	term	term	NOUN
taxlaw-2799	1635	18	“	"	PUNCT
taxlaw-2799	1635	19	non	non	ADJ
taxlaw-2799	1635	20	-	-	ADJ
taxlaw-2799	1635	21	equity	equity	ADJ
taxlaw-2799	1635	22	option	option	NOUN
taxlaw-2799	1635	23	”	"	PUNCT
taxlaw-2799	1635	24	to	to	ADP
taxlaw-2799	1635	25	any	any	DET
taxlaw-2799	1635	26	specified	specified	ADJ
taxlaw-2799	1635	27	class	class	NOUN
taxlaw-2799	1635	28	of	of	ADP
taxlaw-2799	1635	29	non	non	ADJ
taxlaw-2799	1635	30	-	-	ADJ
taxlaw-2799	1635	31	equity	equity	ADJ
taxlaw-2799	1635	32	options	option	NOUN
taxlaw-2799	1635	33	,	,	PUNCT
taxlaw-2799	1635	34	so	so	SCONJ
taxlaw-2799	1635	35	the	the	DET
taxlaw-2799	1635	36	history	history	NOUN
taxlaw-2799	1635	37	of	of	ADP
taxlaw-2799	1635	38	§	§	PROPN
taxlaw-2799	1635	39	1256	1256	NUM
taxlaw-2799	1635	40	does	do	AUX
taxlaw-2799	1635	41	not	not	PART
taxlaw-2799	1635	42	provide	provide	VERB
taxlaw-2799	1635	43	a	a	DET
taxlaw-2799	1635	44	basis	basis	NOUN
taxlaw-2799	1635	45	for	for	ADP
taxlaw-2799	1635	46	excluding	exclude	VERB
taxlaw-2799	1635	47	it	it	PRON
taxlaw-2799	1635	48	from	from	ADP
taxlaw-2799	1635	49	that	that	DET
taxlaw-2799	1635	50	definition	definition	NOUN
taxlaw-2799	1635	51	.	.	PUNCT
taxlaw-2799	1636	1	a	a	DET
taxlaw-2799	1636	2	swaption	swaption	NOUN
taxlaw-2799	1636	3	also	also	ADV
taxlaw-2799	1636	4	is	be	AUX
taxlaw-2799	1636	5	not	not	PART
taxlaw-2799	1636	6	an	an	DET
taxlaw-2799	1636	7	npc	npc	NOUN
taxlaw-2799	1636	8	.	.	PUNCT
taxlaw-2799	1637	1	thus	thus	ADV
taxlaw-2799	1637	2	,	,	PUNCT
taxlaw-2799	1637	3	in	in	ADP
taxlaw-2799	1637	4	order	order	NOUN
taxlaw-2799	1637	5	to	to	PART
taxlaw-2799	1637	6	conclude	conclude	VERB
taxlaw-2799	1637	7	that	that	SCONJ
taxlaw-2799	1637	8	a	a	DET
taxlaw-2799	1637	9	swaption	swaption	NOUN
taxlaw-2799	1637	10	traded	trade	VERB
taxlaw-2799	1637	11	on	on	ADP
taxlaw-2799	1637	12	a	a	DET
taxlaw-2799	1637	13	regulated	regulated	ADJ
taxlaw-2799	1637	14	exchange	exchange	NOUN
taxlaw-2799	1637	15	would	would	AUX
taxlaw-2799	1637	16	not	not	PART
taxlaw-2799	1637	17	constitute	constitute	VERB
taxlaw-2799	1637	18	a	a	DET
taxlaw-2799	1637	19	section	section	NOUN
taxlaw-2799	1637	20	1256	1256	NUM
taxlaw-2799	1637	21	contract	contract	NOUN
taxlaw-2799	1637	22	,	,	PUNCT
taxlaw-2799	1637	23	it	it	PRON
taxlaw-2799	1637	24	would	would	AUX
taxlaw-2799	1637	25	be	be	AUX
taxlaw-2799	1637	26	necessary	necessary	ADJ
taxlaw-2799	1637	27	to	to	PART
taxlaw-2799	1637	28	conclude	conclude	VERB
taxlaw-2799	1637	29	both	both	PRON
taxlaw-2799	1637	30	that	that	SCONJ
taxlaw-2799	1637	31	it	it	PRON
taxlaw-2799	1637	32	is	be	AUX
taxlaw-2799	1637	33	a	a	DET
taxlaw-2799	1637	34	“	"	PUNCT
taxlaw-2799	1637	35	similar	similar	ADJ
taxlaw-2799	1637	36	agreement	agreement	NOUN
taxlaw-2799	1637	37	”	"	PUNCT
taxlaw-2799	1637	38	within	within	ADP
taxlaw-2799	1637	39	the	the	DET
taxlaw-2799	1637	40	meaning	meaning	NOUN
taxlaw-2799	1637	41	of	of	ADP
taxlaw-2799	1637	42	the	the	DET
taxlaw-2799	1637	43	§	§	PROPN
taxlaw-2799	1637	44	1256	1256	NUM
taxlaw-2799	1637	45	amendment	amendment	NOUN
taxlaw-2799	1637	46	and	and	CCONJ
taxlaw-2799	1637	47	that	that	SCONJ
taxlaw-2799	1637	48	in	in	ADP
taxlaw-2799	1637	49	that	that	DET
taxlaw-2799	1637	50	case	case	NOUN
taxlaw-2799	1637	51	the	the	DET
taxlaw-2799	1637	52	amendment	amendment	NOUN
taxlaw-2799	1637	53	overrides	override	VERB
taxlaw-2799	1637	54	the	the	DET
taxlaw-2799	1637	55	definition	definition	NOUN
taxlaw-2799	1637	56	of	of	ADP
taxlaw-2799	1637	57	non	non	ADJ
taxlaw-2799	1637	58	-	-	ADJ
taxlaw-2799	1637	59	equity	equity	ADJ
taxlaw-2799	1637	60	option	option	NOUN
taxlaw-2799	1637	61	.	.	PUNCT
taxlaw-2799	1638	1	this	this	PRON
taxlaw-2799	1638	2	goes	go	VERB
taxlaw-2799	1638	3	beyond	beyond	ADP
taxlaw-2799	1638	4	the	the	DET
taxlaw-2799	1638	5	argument	argument	NOUN
taxlaw-2799	1638	6	made	make	VERB
taxlaw-2799	1638	7	above	above	ADV
taxlaw-2799	1638	8	,	,	PUNCT
taxlaw-2799	1638	9	that	that	SCONJ
taxlaw-2799	1638	10	the	the	DET
taxlaw-2799	1638	11	amendment	amendment	NOUN
taxlaw-2799	1638	12	is	be	AUX
taxlaw-2799	1638	13	intended	intend	VERB
taxlaw-2799	1638	14	to	to	PART
taxlaw-2799	1638	15	address	address	VERB
taxlaw-2799	1638	16	unclear	unclear	ADJ
taxlaw-2799	1638	17	situations	situation	NOUN
taxlaw-2799	1638	18	and	and	CCONJ
taxlaw-2799	1638	19	clarify	clarify	VERB
taxlaw-2799	1638	20	them	they	PRON
taxlaw-2799	1638	21	in	in	ADP
taxlaw-2799	1638	22	favor	favor	NOUN
taxlaw-2799	1638	23	of	of	ADP
taxlaw-2799	1638	24	non-§	non-§	PROPN
taxlaw-2799	1638	25	1256	1256	NUM
taxlaw-2799	1638	26	treatment	treatment	NOUN
taxlaw-2799	1638	27	.	.	PUNCT
taxlaw-2799	1639	1	here	here	ADV
taxlaw-2799	1639	2	too	too	ADV
taxlaw-2799	1639	3	,	,	PUNCT
taxlaw-2799	1639	4	regulatory	regulatory	ADJ
taxlaw-2799	1639	5	guidance	guidance	NOUN
taxlaw-2799	1639	6	would	would	AUX
taxlaw-2799	1639	7	be	be	AUX
taxlaw-2799	1639	8	welcome	welcome	ADJ
taxlaw-2799	1639	9	.	.	PUNCT
taxlaw-2799	1640	1	finally	finally	ADV
taxlaw-2799	1640	2	,	,	PUNCT
taxlaw-2799	1640	3	turning	turn	VERB
taxlaw-2799	1640	4	to	to	ADP
taxlaw-2799	1640	5	energy	energy	NOUN
taxlaw-2799	1640	6	swaps	swap	NOUN
taxlaw-2799	1640	7	,	,	PUNCT
taxlaw-2799	1640	8	the	the	DET
taxlaw-2799	1640	9	author	author	NOUN
taxlaw-2799	1640	10	confesses	confess	VERB
taxlaw-2799	1640	11	some	some	DET
taxlaw-2799	1640	12	trepidation	trepidation	NOUN
taxlaw-2799	1640	13	,	,	PUNCT
taxlaw-2799	1640	14	as	as	SCONJ
taxlaw-2799	1640	15	the	the	DET
taxlaw-2799	1640	16	energy	energy	NOUN
taxlaw-2799	1640	17	derivatives	derivative	NOUN
taxlaw-2799	1640	18	market	market	NOUN
taxlaw-2799	1640	19	is	be	AUX
taxlaw-2799	1640	20	a	a	DET
taxlaw-2799	1640	21	highly	highly	ADV
taxlaw-2799	1640	22	specialized	specialized	ADJ
taxlaw-2799	1640	23	one	one	NUM
taxlaw-2799	1640	24	that	that	PRON
taxlaw-2799	1640	25	the	the	DET
taxlaw-2799	1640	26	author	author	NOUN
taxlaw-2799	1640	27	ventures	venture	VERB
taxlaw-2799	1640	28	into	into	ADP
taxlaw-2799	1640	29	only	only	ADV
taxlaw-2799	1640	30	from	from	ADP
taxlaw-2799	1640	31	time	time	NOUN
taxlaw-2799	1640	32	to	to	ADP
taxlaw-2799	1640	33	time	time	NOUN
taxlaw-2799	1640	34	.	.	PUNCT
taxlaw-2799	1641	1	accordingly	accordingly	ADV
taxlaw-2799	1641	2	,	,	PUNCT
taxlaw-2799	1641	3	rather	rather	ADV
taxlaw-2799	1641	4	than	than	ADP
taxlaw-2799	1641	5	trying	try	VERB
taxlaw-2799	1641	6	to	to	PART
taxlaw-2799	1641	7	answer	answer	VERB
taxlaw-2799	1641	8	any	any	DET
taxlaw-2799	1641	9	questions	question	NOUN
taxlaw-2799	1641	10	,	,	PUNCT
taxlaw-2799	1641	11	this	this	DET
taxlaw-2799	1641	12	discussion	discussion	NOUN
taxlaw-2799	1641	13	will	will	AUX
taxlaw-2799	1641	14	simply	simply	ADV
taxlaw-2799	1641	15	point	point	VERB
taxlaw-2799	1641	16	out	out	ADP
taxlaw-2799	1641	17	some	some	DET
taxlaw-2799	1641	18	relevant	relevant	ADJ
taxlaw-2799	1641	19	considerations	consideration	NOUN
taxlaw-2799	1641	20	.	.	PUNCT
taxlaw-2799	1642	1	first	first	ADV
taxlaw-2799	1642	2	,	,	PUNCT
taxlaw-2799	1642	3	in	in	ADP
taxlaw-2799	1642	4	the	the	DET
taxlaw-2799	1642	5	case	case	NOUN
taxlaw-2799	1642	6	of	of	ADP
taxlaw-2799	1642	7	energy	energy	NOUN
taxlaw-2799	1642	8	swaps	swap	NOUN
taxlaw-2799	1642	9	that	that	PRON
taxlaw-2799	1642	10	are	be	AUX
taxlaw-2799	1642	11	exchanged	exchange	VERB
taxlaw-2799	1642	12	for	for	ADP
taxlaw-2799	1642	13	futures	future	NOUN
taxlaw-2799	1642	14	contracts	contract	NOUN
taxlaw-2799	1642	15	,	,	PUNCT
taxlaw-2799	1642	16	it	it	PRON
taxlaw-2799	1642	17	is	be	AUX
taxlaw-2799	1642	18	hard	hard	ADJ
taxlaw-2799	1642	19	to	to	PART
taxlaw-2799	1642	20	see	see	VERB
taxlaw-2799	1642	21	why	why	SCONJ
taxlaw-2799	1642	22	the	the	DET
taxlaw-2799	1642	23	dodd	dodd	PROPN
taxlaw-2799	1642	24	-	-	PUNCT
taxlaw-2799	1642	25	frank	frank	PROPN
taxlaw-2799	1642	26	§	§	PROPN
taxlaw-2799	1642	27	1256	1256	NUM
taxlaw-2799	1642	28	amendment	amendment	NOUN
taxlaw-2799	1642	29	would	would	AUX
taxlaw-2799	1642	30	have	have	VERB
taxlaw-2799	1642	31	any	any	DET
taxlaw-2799	1642	32	effect	effect	NOUN
taxlaw-2799	1642	33	,	,	PUNCT
taxlaw-2799	1642	34	at	at	ADP
taxlaw-2799	1642	35	least	least	ADJ
taxlaw-2799	1642	36	as	as	SCONJ
taxlaw-2799	1642	37	those	those	DET
taxlaw-2799	1642	38	contracts	contract	NOUN
taxlaw-2799	1642	39	are	be	AUX
taxlaw-2799	1642	40	structured	structure	VERB
taxlaw-2799	1642	41	today	today	NOUN
taxlaw-2799	1642	42	—	—	PUNCT
taxlaw-2799	1642	43	that	that	ADV
taxlaw-2799	1642	44	is	is	ADV
taxlaw-2799	1642	45	,	,	PUNCT
taxlaw-2799	1642	46	with	with	ADP
taxlaw-2799	1642	47	a	a	DET
taxlaw-2799	1642	48	single	single	ADJ
taxlaw-2799	1642	49	bullet	bullet	NOUN
taxlaw-2799	1642	50	payment	payment	NOUN
taxlaw-2799	1642	51	rather	rather	ADV
taxlaw-2799	1642	52	than	than	ADP
taxlaw-2799	1642	53	with	with	ADP
taxlaw-2799	1642	54	a	a	DET
taxlaw-2799	1642	55	2011	2011	NUM
taxlaw-2799	1642	56	]	]	PUNCT
taxlaw-2799	1643	1	ew	ew	ADP
taxlaw-2799	1643	2	tax	tax	NOUN
taxlaw-2799	1643	3	issues	issue	NOUN
taxlaw-2799	1643	4	arisi	arisi	VERB
taxlaw-2799	1643	5	g	g	PROPN
taxlaw-2799	1643	6	from	from	ADP
taxlaw-2799	1643	7	the	the	DET
taxlaw-2799	1643	8	dodd	dodd	NOUN
taxlaw-2799	1643	9	-	-	PUNCT
taxlaw-2799	1643	10	fra	fra	PROPN
taxlaw-2799	1643	11	k	k	PROPN
taxlaw-2799	1643	12	act	act	VERB
taxlaw-2799	1643	13	81	81	NUM
taxlaw-2799	1643	14	payment	payment	NOUN
taxlaw-2799	1643	15	stream	stream	NOUN
taxlaw-2799	1643	16	like	like	ADP
taxlaw-2799	1643	17	that	that	PRON
taxlaw-2799	1643	18	of	of	ADP
taxlaw-2799	1643	19	a	a	DET
taxlaw-2799	1643	20	npc	npc	NOUN
taxlaw-2799	1643	21	.	.	PUNCT
taxlaw-2799	1644	1	the	the	DET
taxlaw-2799	1644	2	only	only	ADJ
taxlaw-2799	1644	3	interpretation	interpretation	NOUN
taxlaw-2799	1644	4	of	of	ADP
taxlaw-2799	1644	5	the	the	DET
taxlaw-2799	1644	6	amendment	amendment	NOUN
taxlaw-2799	1644	7	that	that	PRON
taxlaw-2799	1644	8	could	could	AUX
taxlaw-2799	1644	9	change	change	VERB
taxlaw-2799	1644	10	what	what	PRON
taxlaw-2799	1644	11	the	the	DET
taxlaw-2799	1644	12	author	author	NOUN
taxlaw-2799	1644	13	understands	understand	VERB
taxlaw-2799	1644	14	to	to	PART
taxlaw-2799	1644	15	be	be	AUX
taxlaw-2799	1644	16	the	the	DET
taxlaw-2799	1644	17	current	current	ADJ
taxlaw-2799	1644	18	law	law	NOUN
taxlaw-2799	1644	19	treatment	treatment	NOUN
taxlaw-2799	1644	20	of	of	ADP
taxlaw-2799	1644	21	such	such	ADJ
taxlaw-2799	1644	22	futures	future	NOUN
taxlaw-2799	1644	23	contracts	contract	NOUN
taxlaw-2799	1644	24	as	as	ADP
taxlaw-2799	1644	25	section	section	NOUN
taxlaw-2799	1644	26	1256	1256	NUM
taxlaw-2799	1644	27	contracts	contract	NOUN
taxlaw-2799	1644	28	is	be	AUX
taxlaw-2799	1644	29	the	the	DET
taxlaw-2799	1644	30	broadest	broad	ADJ
taxlaw-2799	1644	31	one	one	NUM
taxlaw-2799	1644	32	,	,	PUNCT
taxlaw-2799	1644	33	because	because	SCONJ
taxlaw-2799	1644	34	energy	energy	NOUN
taxlaw-2799	1644	35	swaps	swap	NOUN
taxlaw-2799	1644	36	are	be	AUX
taxlaw-2799	1644	37	included	include	VERB
taxlaw-2799	1644	38	in	in	ADP
taxlaw-2799	1644	39	the	the	DET
taxlaw-2799	1644	40	dodd	dodd	PROPN
taxlaw-2799	1644	41	-	-	PUNCT
taxlaw-2799	1644	42	frank	frank	ADJ
taxlaw-2799	1644	43	definition	definition	NOUN
taxlaw-2799	1644	44	of	of	ADP
taxlaw-2799	1644	45	swap	swap	NOUN
taxlaw-2799	1644	46	.	.	PUNCT
taxlaw-2799	1645	1	as	as	SCONJ
taxlaw-2799	1645	2	noted	note	VERB
taxlaw-2799	1645	3	earlier	early	ADV
taxlaw-2799	1645	4	,	,	PUNCT
taxlaw-2799	1645	5	however	however	ADV
taxlaw-2799	1645	6	,	,	PUNCT
taxlaw-2799	1645	7	that	that	SCONJ
taxlaw-2799	1645	8	definition	definition	NOUN
taxlaw-2799	1645	9	excludes	exclude	VERB
taxlaw-2799	1645	10	a	a	DET
taxlaw-2799	1645	11	contract	contract	NOUN
taxlaw-2799	1645	12	of	of	ADP
taxlaw-2799	1645	13	sale	sale	NOUN
taxlaw-2799	1645	14	of	of	ADP
taxlaw-2799	1645	15	a	a	DET
taxlaw-2799	1645	16	commodity	commodity	NOUN
taxlaw-2799	1645	17	for	for	ADP
taxlaw-2799	1645	18	future	future	ADJ
taxlaw-2799	1645	19	delivery	delivery	NOUN
taxlaw-2799	1645	20	.	.	PUNCT
taxlaw-2799	1646	1	moreover	moreover	ADV
taxlaw-2799	1646	2	,	,	PUNCT
taxlaw-2799	1646	3	if	if	SCONJ
taxlaw-2799	1646	4	pre	pre	ADJ
taxlaw-2799	1646	5	-	-	ADJ
taxlaw-2799	1646	6	doddfrank	doddfrank	ADJ
taxlaw-2799	1646	7	law	law	NOUN
taxlaw-2799	1646	8	was	be	AUX
taxlaw-2799	1646	9	fairly	fairly	ADV
taxlaw-2799	1646	10	clear	clear	ADJ
taxlaw-2799	1646	11	that	that	SCONJ
taxlaw-2799	1646	12	energy	energy	NOUN
taxlaw-2799	1646	13	futures	future	NOUN
taxlaw-2799	1646	14	acquired	acquire	VERB
taxlaw-2799	1646	15	in	in	ADP
taxlaw-2799	1646	16	exchange	exchange	NOUN
taxlaw-2799	1646	17	for	for	ADP
taxlaw-2799	1646	18	an	an	DET
taxlaw-2799	1646	19	energy	energy	NOUN
taxlaw-2799	1646	20	swap	swap	NOUN
taxlaw-2799	1646	21	were	be	AUX
taxlaw-2799	1646	22	section	section	NOUN
taxlaw-2799	1646	23	1256	1256	NUM
taxlaw-2799	1646	24	contracts	contract	NOUN
taxlaw-2799	1646	25	,	,	PUNCT
taxlaw-2799	1646	26	then	then	ADV
taxlaw-2799	1646	27	it	it	PRON
taxlaw-2799	1646	28	would	would	AUX
taxlaw-2799	1646	29	seem	seem	VERB
taxlaw-2799	1646	30	to	to	PART
taxlaw-2799	1646	31	go	go	VERB
taxlaw-2799	1646	32	beyond	beyond	ADP
taxlaw-2799	1646	33	the	the	DET
taxlaw-2799	1646	34	scope	scope	NOUN
taxlaw-2799	1646	35	of	of	ADP
taxlaw-2799	1646	36	the	the	DET
taxlaw-2799	1646	37	amendment	amendment	NOUN
taxlaw-2799	1646	38	to	to	PART
taxlaw-2799	1646	39	change	change	VERB
taxlaw-2799	1646	40	that	that	PRON
taxlaw-2799	1646	41	.	.	PUNCT
taxlaw-2799	1647	1	the	the	DET
taxlaw-2799	1647	2	treatment	treatment	NOUN
taxlaw-2799	1647	3	of	of	ADP
taxlaw-2799	1647	4	energy	energy	NOUN
taxlaw-2799	1647	5	swaps	swap	NOUN
taxlaw-2799	1647	6	that	that	PRON
taxlaw-2799	1647	7	are	be	AUX
taxlaw-2799	1647	8	cleared	clear	VERB
taxlaw-2799	1647	9	by	by	ADP
taxlaw-2799	1647	10	a	a	DET
taxlaw-2799	1647	11	regulated	regulated	ADJ
taxlaw-2799	1647	12	clearinghouse	clearinghouse	NOUN
taxlaw-2799	1647	13	but	but	CCONJ
taxlaw-2799	1647	14	not	not	PART
taxlaw-2799	1647	15	exchanged	exchange	VERB
taxlaw-2799	1647	16	for	for	ADP
taxlaw-2799	1647	17	futures	future	NOUN
taxlaw-2799	1647	18	contracts	contract	NOUN
taxlaw-2799	1647	19	is	be	AUX
taxlaw-2799	1647	20	much	much	ADV
taxlaw-2799	1647	21	less	less	ADV
taxlaw-2799	1647	22	certain	certain	ADJ
taxlaw-2799	1647	23	.	.	PUNCT
taxlaw-2799	1648	1	the	the	DET
taxlaw-2799	1648	2	arguments	argument	NOUN
taxlaw-2799	1648	3	made	make	VERB
taxlaw-2799	1648	4	above	above	ADV
taxlaw-2799	1648	5	with	with	ADP
taxlaw-2799	1648	6	respect	respect	NOUN
taxlaw-2799	1648	7	to	to	ADP
taxlaw-2799	1648	8	cleared	clear	VERB
taxlaw-2799	1648	9	cdss	cdss	PROPN
taxlaw-2799	1648	10	suggest	suggest	VERB
taxlaw-2799	1648	11	that	that	SCONJ
taxlaw-2799	1648	12	clearing	clearing	NOUN
taxlaw-2799	1648	13	alone	alone	ADV
taxlaw-2799	1648	14	does	do	AUX
taxlaw-2799	1648	15	not	not	PART
taxlaw-2799	1648	16	cause	cause	VERB
taxlaw-2799	1648	17	a	a	DET
taxlaw-2799	1648	18	contract	contract	NOUN
taxlaw-2799	1648	19	to	to	PART
taxlaw-2799	1648	20	become	become	VERB
taxlaw-2799	1648	21	a	a	DET
taxlaw-2799	1648	22	section	section	NOUN
taxlaw-2799	1648	23	1256	1256	NUM
taxlaw-2799	1648	24	contract	contract	NOUN
taxlaw-2799	1648	25	.	.	PUNCT
taxlaw-2799	1649	1	cdss	cdss	PROPN
taxlaw-2799	1649	2	are	be	AUX
taxlaw-2799	1649	3	however	however	ADV
taxlaw-2799	1649	4	specifically	specifically	ADV
taxlaw-2799	1649	5	enumerated	enumerate	VERB
taxlaw-2799	1649	6	in	in	ADP
taxlaw-2799	1649	7	the	the	DET
taxlaw-2799	1649	8	§	§	PROPN
taxlaw-2799	1649	9	1256	1256	NUM
taxlaw-2799	1649	10	amendment	amendment	NOUN
taxlaw-2799	1649	11	.	.	PUNCT
taxlaw-2799	1650	1	the	the	DET
taxlaw-2799	1650	2	argument	argument	NOUN
taxlaw-2799	1650	3	may	may	AUX
taxlaw-2799	1650	4	become	become	VERB
taxlaw-2799	1650	5	more	more	ADV
taxlaw-2799	1650	6	tenuous	tenuous	ADJ
taxlaw-2799	1650	7	for	for	ADP
taxlaw-2799	1650	8	other	other	ADJ
taxlaw-2799	1650	9	contracts	contract	NOUN
taxlaw-2799	1650	10	.	.	PUNCT
taxlaw-2799	1651	1	a	a	DET
taxlaw-2799	1651	2	potentially	potentially	ADV
taxlaw-2799	1651	3	contrary	contrary	ADJ
taxlaw-2799	1651	4	argument	argument	NOUN
taxlaw-2799	1651	5	would	would	AUX
taxlaw-2799	1651	6	be	be	AUX
taxlaw-2799	1651	7	that	that	SCONJ
taxlaw-2799	1651	8	a	a	DET
taxlaw-2799	1651	9	contract	contract	NOUN
taxlaw-2799	1651	10	that	that	PRON
taxlaw-2799	1651	11	looks	look	VERB
taxlaw-2799	1651	12	and	and	CCONJ
taxlaw-2799	1651	13	smells	smell	VERB
taxlaw-2799	1651	14	like	like	ADP
taxlaw-2799	1651	15	a	a	DET
taxlaw-2799	1651	16	futures	future	NOUN
taxlaw-2799	1651	17	contract	contract	NOUN
taxlaw-2799	1651	18	,	,	PUNCT
taxlaw-2799	1651	19	but	but	CCONJ
taxlaw-2799	1651	20	for	for	ADP
taxlaw-2799	1651	21	the	the	DET
taxlaw-2799	1651	22	fact	fact	NOUN
taxlaw-2799	1651	23	that	that	SCONJ
taxlaw-2799	1651	24	it	it	PRON
taxlaw-2799	1651	25	does	do	AUX
taxlaw-2799	1651	26	not	not	PART
taxlaw-2799	1651	27	trade	trade	VERB
taxlaw-2799	1651	28	as	as	ADP
taxlaw-2799	1651	29	one	one	NUM
taxlaw-2799	1651	30	,	,	PUNCT
taxlaw-2799	1651	31	ought	ought	AUX
taxlaw-2799	1651	32	to	to	PART
taxlaw-2799	1651	33	be	be	AUX
taxlaw-2799	1651	34	subject	subject	ADJ
taxlaw-2799	1651	35	to	to	ADP
taxlaw-2799	1651	36	the	the	DET
taxlaw-2799	1651	37	same	same	ADJ
taxlaw-2799	1651	38	rules	rule	NOUN
taxlaw-2799	1651	39	as	as	ADP
taxlaw-2799	1651	40	futures	future	NOUN
taxlaw-2799	1651	41	contracts	contract	NOUN
taxlaw-2799	1651	42	.	.	PUNCT
taxlaw-2799	1652	1	this	this	DET
taxlaw-2799	1652	2	argument	argument	NOUN
taxlaw-2799	1652	3	also	also	ADV
taxlaw-2799	1652	4	has	have	VERB
taxlaw-2799	1652	5	its	its	PRON
taxlaw-2799	1652	6	pitfalls	pitfall	NOUN
taxlaw-2799	1652	7	.	.	PUNCT
taxlaw-2799	1653	1	for	for	ADP
taxlaw-2799	1653	2	example	example	NOUN
taxlaw-2799	1653	3	,	,	PUNCT
taxlaw-2799	1653	4	the	the	DET
taxlaw-2799	1653	5	“	"	PUNCT
taxlaw-2799	1653	6	fixed	fix	VERB
taxlaw-2799	1653	7	”	"	PUNCT
taxlaw-2799	1653	8	leg	leg	NOUN
taxlaw-2799	1653	9	of	of	ADP
taxlaw-2799	1653	10	the	the	DET
taxlaw-2799	1653	11	idcg	idcg	PROPN
taxlaw-2799	1653	12	’s	’s	PART
taxlaw-2799	1653	13	interest	interest	NOUN
taxlaw-2799	1653	14	rate	rate	PROPN
taxlaw-2799	1653	15	swap	swap	NOUN
taxlaw-2799	1653	16	futures	future	NOUN
taxlaw-2799	1653	17	contracts	contract	NOUN
taxlaw-2799	1653	18	is	be	AUX
taxlaw-2799	1653	19	not	not	PART
taxlaw-2799	1653	20	actually	actually	ADV
taxlaw-2799	1653	21	a	a	DET
taxlaw-2799	1653	22	fixed	fix	VERB
taxlaw-2799	1653	23	amount	amount	NOUN
taxlaw-2799	1653	24	.	.	PUNCT
taxlaw-2799	1654	1	instead	instead	ADV
taxlaw-2799	1654	2	,	,	PUNCT
taxlaw-2799	1654	3	it	it	PRON
taxlaw-2799	1654	4	is	be	AUX
taxlaw-2799	1654	5	based	base	VERB
taxlaw-2799	1654	6	on	on	ADP
taxlaw-2799	1654	7	futures	future	NOUN
taxlaw-2799	1654	8	prices	price	NOUN
taxlaw-2799	1654	9	for	for	ADP
taxlaw-2799	1654	10	a	a	DET
taxlaw-2799	1654	11	contract	contract	NOUN
taxlaw-2799	1654	12	with	with	ADP
taxlaw-2799	1654	13	a	a	DET
taxlaw-2799	1654	14	specified	specified	ADJ
taxlaw-2799	1654	15	maturity	maturity	NOUN
taxlaw-2799	1654	16	,	,	PUNCT
taxlaw-2799	1654	17	such	such	ADJ
taxlaw-2799	1654	18	as	as	ADP
taxlaw-2799	1654	19	one	one	NUM
taxlaw-2799	1654	20	month	month	NOUN
taxlaw-2799	1654	21	or	or	CCONJ
taxlaw-2799	1654	22	three	three	NUM
taxlaw-2799	1654	23	months	month	NOUN
taxlaw-2799	1654	24	.	.	PUNCT
taxlaw-2799	1655	1	tying	tie	VERB
taxlaw-2799	1655	2	the	the	DET
taxlaw-2799	1655	3	tax	tax	NOUN
taxlaw-2799	1655	4	treatment	treatment	NOUN
taxlaw-2799	1655	5	of	of	ADP
taxlaw-2799	1655	6	a	a	DET
taxlaw-2799	1655	7	derivative	derivative	NOUN
taxlaw-2799	1655	8	to	to	ADP
taxlaw-2799	1655	9	whether	whether	SCONJ
taxlaw-2799	1655	10	it	it	PRON
taxlaw-2799	1655	11	has	have	AUX
taxlaw-2799	1655	12	payment	payment	NOUN
taxlaw-2799	1655	13	terms	term	NOUN
taxlaw-2799	1655	14	linked	link	VERB
taxlaw-2799	1655	15	to	to	ADP
taxlaw-2799	1655	16	futures	future	NOUN
taxlaw-2799	1655	17	thus	thus	ADV
taxlaw-2799	1655	18	does	do	AUX
taxlaw-2799	1655	19	not	not	PART
taxlaw-2799	1655	20	seem	seem	VERB
taxlaw-2799	1655	21	likely	likely	ADJ
taxlaw-2799	1655	22	to	to	PART
taxlaw-2799	1655	23	reduce	reduce	VERB
taxlaw-2799	1655	24	the	the	DET
taxlaw-2799	1655	25	amount	amount	NOUN
taxlaw-2799	1655	26	of	of	ADP
taxlaw-2799	1655	27	confusion	confusion	NOUN
taxlaw-2799	1655	28	over	over	ADP
taxlaw-2799	1655	29	how	how	SCONJ
taxlaw-2799	1655	30	to	to	PART
taxlaw-2799	1655	31	classify	classify	VERB
taxlaw-2799	1655	32	derivatives	derivative	NOUN
taxlaw-2799	1655	33	that	that	PRON
taxlaw-2799	1655	34	share	share	VERB
taxlaw-2799	1655	35	some	some	DET
taxlaw-2799	1655	36	characteristics	characteristic	NOUN
taxlaw-2799	1655	37	of	of	ADP
taxlaw-2799	1655	38	both	both	CCONJ
taxlaw-2799	1655	39	the	the	DET
taxlaw-2799	1655	40	otc	otc	PROPN
taxlaw-2799	1655	41	and	and	CCONJ
taxlaw-2799	1655	42	exchange	exchange	NOUN
taxlaw-2799	1655	43	-	-	PUNCT
taxlaw-2799	1655	44	traded	trade	VERB
taxlaw-2799	1655	45	markets	market	NOUN
taxlaw-2799	1655	46	.	.	PUNCT
taxlaw-2799	1656	1	in	in	ADP
taxlaw-2799	1656	2	short	short	ADJ
taxlaw-2799	1656	3	,	,	PUNCT
taxlaw-2799	1656	4	any	any	DET
taxlaw-2799	1656	5	attempt	attempt	NOUN
taxlaw-2799	1656	6	to	to	PART
taxlaw-2799	1656	7	make	make	VERB
taxlaw-2799	1656	8	sense	sense	NOUN
taxlaw-2799	1656	9	of	of	ADP
taxlaw-2799	1656	10	the	the	DET
taxlaw-2799	1656	11	distinction	distinction	NOUN
taxlaw-2799	1656	12	between	between	ADP
taxlaw-2799	1656	13	section	section	NOUN
taxlaw-2799	1656	14	1256	1256	NUM
taxlaw-2799	1656	15	contracts	contract	NOUN
taxlaw-2799	1656	16	and	and	CCONJ
taxlaw-2799	1656	17	non	non	ADJ
taxlaw-2799	1656	18	-	-	NOUN
taxlaw-2799	1656	19	section	section	ADJ
taxlaw-2799	1656	20	1256	1256	NUM
taxlaw-2799	1656	21	contracts	contract	NOUN
taxlaw-2799	1656	22	seems	seem	VERB
taxlaw-2799	1656	23	to	to	PART
taxlaw-2799	1656	24	be	be	AUX
taxlaw-2799	1656	25	doomed	doom	VERB
taxlaw-2799	1656	26	to	to	ADP
taxlaw-2799	1656	27	failure	failure	NOUN
taxlaw-2799	1656	28	if	if	SCONJ
taxlaw-2799	1656	29	the	the	DET
taxlaw-2799	1656	30	goals	goal	NOUN
taxlaw-2799	1656	31	are	be	AUX
taxlaw-2799	1656	32	to	to	PART
taxlaw-2799	1656	33	adopt	adopt	VERB
taxlaw-2799	1656	34	rules	rule	NOUN
taxlaw-2799	1656	35	that	that	PRON
taxlaw-2799	1656	36	are	be	AUX
taxlaw-2799	1656	37	principled	principle	VERB
taxlaw-2799	1656	38	,	,	PUNCT
taxlaw-2799	1656	39	simple	simple	ADJ
taxlaw-2799	1656	40	to	to	PART
taxlaw-2799	1656	41	apply	apply	VERB
taxlaw-2799	1656	42	and	and	CCONJ
taxlaw-2799	1656	43	avoid	avoid	VERB
taxlaw-2799	1656	44	whipsaw	whipsaw	NOUN
taxlaw-2799	1656	45	and	and	CCONJ
taxlaw-2799	1656	46	arbitrage	arbitrage	NOUN
taxlaw-2799	1656	47	.	.	PUNCT
taxlaw-2799	1657	1	if	if	SCONJ
taxlaw-2799	1657	2	one	one	PRON
taxlaw-2799	1657	3	scales	scale	VERB
taxlaw-2799	1657	4	back	back	ADV
taxlaw-2799	1657	5	the	the	DET
taxlaw-2799	1657	6	goals	goal	NOUN
taxlaw-2799	1657	7	by	by	ADP
taxlaw-2799	1657	8	conceding	concede	VERB
taxlaw-2799	1657	9	that	that	SCONJ
taxlaw-2799	1657	10	it	it	PRON
taxlaw-2799	1657	11	will	will	AUX
taxlaw-2799	1657	12	be	be	AUX
taxlaw-2799	1657	13	impossible	impossible	ADJ
taxlaw-2799	1657	14	to	to	PART
taxlaw-2799	1657	15	write	write	VERB
taxlaw-2799	1657	16	rules	rule	NOUN
taxlaw-2799	1657	17	that	that	PRON
taxlaw-2799	1657	18	treat	treat	VERB
taxlaw-2799	1657	19	all	all	DET
taxlaw-2799	1657	20	similar	similar	ADJ
taxlaw-2799	1657	21	contracts	contract	NOUN
taxlaw-2799	1657	22	in	in	ADP
taxlaw-2799	1657	23	the	the	DET
taxlaw-2799	1657	24	same	same	ADJ
taxlaw-2799	1657	25	way	way	NOUN
taxlaw-2799	1657	26	,	,	PUNCT
taxlaw-2799	1657	27	so	so	SCONJ
taxlaw-2799	1657	28	that	that	SCONJ
taxlaw-2799	1657	29	whipsaw	whipsaw	NOUN
taxlaw-2799	1657	30	and	and	CCONJ
taxlaw-2799	1657	31	arbitrage	arbitrage	NOUN
taxlaw-2799	1657	32	will	will	AUX
taxlaw-2799	1657	33	have	have	VERB
taxlaw-2799	1657	34	to	to	PART
taxlaw-2799	1657	35	be	be	AUX
taxlaw-2799	1657	36	addressed	address	VERB
taxlaw-2799	1657	37	through	through	ADP
taxlaw-2799	1657	38	some	some	DET
taxlaw-2799	1657	39	means	mean	NOUN
taxlaw-2799	1657	40	apart	apart	ADV
taxlaw-2799	1657	41	from	from	ADP
taxlaw-2799	1657	42	drawing	draw	VERB
taxlaw-2799	1657	43	that	that	DET
taxlaw-2799	1657	44	line	line	NOUN
taxlaw-2799	1657	45	,	,	PUNCT
taxlaw-2799	1657	46	it	it	PRON
taxlaw-2799	1657	47	may	may	AUX
taxlaw-2799	1657	48	be	be	AUX
taxlaw-2799	1657	49	possible	possible	ADJ
taxlaw-2799	1657	50	to	to	PART
taxlaw-2799	1657	51	construct	construct	VERB
taxlaw-2799	1657	52	rule	rule	NOUN
taxlaw-2799	1657	53	that	that	PRON
taxlaw-2799	1657	54	are	be	AUX
taxlaw-2799	1657	55	faithful	faithful	ADJ
taxlaw-2799	1657	56	to	to	ADP
taxlaw-2799	1657	57	the	the	DET
taxlaw-2799	1657	58	history	history	NOUN
taxlaw-2799	1657	59	and	and	CCONJ
taxlaw-2799	1657	60	,	,	PUNCT
taxlaw-2799	1657	61	to	to	ADP
taxlaw-2799	1657	62	the	the	DET
taxlaw-2799	1657	63	extent	extent	NOUN
taxlaw-2799	1657	64	determinable	determinable	ADJ
taxlaw-2799	1657	65	,	,	PUNCT
taxlaw-2799	1657	66	policy	policy	NOUN
taxlaw-2799	1657	67	of	of	ADP
taxlaw-2799	1657	68	the	the	DET
taxlaw-2799	1657	69	rules	rule	NOUN
taxlaw-2799	1657	70	of	of	ADP
taxlaw-2799	1657	71	§	§	PROPN
taxlaw-2799	1657	72	1256	1256	NUM
taxlaw-2799	1657	73	along	along	ADP
taxlaw-2799	1657	74	the	the	DET
taxlaw-2799	1657	75	following	follow	VERB
taxlaw-2799	1657	76	lines	line	NOUN
taxlaw-2799	1657	77	:	:	PUNCT
taxlaw-2799	1657	78	rule	rule	VERB
taxlaw-2799	1657	79	1	1	NUM
taxlaw-2799	1657	80	:	:	PUNCT
taxlaw-2799	1657	81	npcs	npc	NOUN
taxlaw-2799	1657	82	and	and	CCONJ
taxlaw-2799	1657	83	cdss	cdss	PROPN
taxlaw-2799	1657	84	do	do	AUX
taxlaw-2799	1657	85	not	not	PART
taxlaw-2799	1657	86	constitute	constitute	VERB
taxlaw-2799	1657	87	section	section	NOUN
taxlaw-2799	1657	88	1256	1256	NUM
taxlaw-2799	1657	89	contracts	contract	NOUN
taxlaw-2799	1657	90	.	.	PUNCT
taxlaw-2799	1658	1	rule	rule	NOUN
taxlaw-2799	1658	2	2	2	NUM
taxlaw-2799	1658	3	:	:	PUNCT
taxlaw-2799	1658	4	subject	subject	ADJ
taxlaw-2799	1658	5	to	to	PART
taxlaw-2799	1658	6	rule	rule	VERB
taxlaw-2799	1658	7	1	1	NUM
taxlaw-2799	1658	8	(	(	PUNCT
taxlaw-2799	1658	9	meaning	mean	VERB
taxlaw-2799	1658	10	that	that	SCONJ
taxlaw-2799	1658	11	rule	rule	NOUN
taxlaw-2799	1658	12	1	1	NUM
taxlaw-2799	1658	13	trumps	trump	VERB
taxlaw-2799	1658	14	where	where	SCONJ
taxlaw-2799	1658	15	both	both	DET
taxlaw-2799	1658	16	rules	rule	NOUN
taxlaw-2799	1658	17	could	could	AUX
taxlaw-2799	1658	18	apply	apply	VERB
taxlaw-2799	1658	19	)	)	PUNCT
taxlaw-2799	1658	20	,	,	PUNCT
taxlaw-2799	1658	21	futures	future	NOUN
taxlaw-2799	1658	22	contracts	contract	NOUN
taxlaw-2799	1658	23	do	do	AUX
taxlaw-2799	1658	24	constitute	constitute	VERB
taxlaw-2799	1658	25	section	section	NOUN
taxlaw-2799	1658	26	1256	1256	NUM
taxlaw-2799	1658	27	contracts	contract	NOUN
taxlaw-2799	1658	28	.	.	PUNCT
taxlaw-2799	1659	1	rule	rule	VERB
taxlaw-2799	1659	2	3	3	NUM
taxlaw-2799	1659	3	:	:	PUNCT
taxlaw-2799	1659	4	options	option	NOUN
taxlaw-2799	1659	5	on	on	ADP
taxlaw-2799	1659	6	rule	rule	NOUN
taxlaw-2799	1659	7	1	1	NUM
taxlaw-2799	1659	8	contracts	contract	NOUN
taxlaw-2799	1659	9	are	be	AUX
taxlaw-2799	1659	10	not	not	PART
taxlaw-2799	1659	11	section	section	NOUN
taxlaw-2799	1659	12	1256	1256	NUM
taxlaw-2799	1659	13	contracts	contract	NOUN
taxlaw-2799	1659	14	;	;	PUNCT
taxlaw-2799	1659	15	options	option	NOUN
taxlaw-2799	1659	16	on	on	ADP
taxlaw-2799	1659	17	rule	rule	NOUN
taxlaw-2799	1659	18	2	2	NUM
taxlaw-2799	1659	19	contracts	contract	NOUN
taxlaw-2799	1659	20	are	be	AUX
taxlaw-2799	1659	21	section	section	NOUN
taxlaw-2799	1659	22	1256	1256	NUM
taxlaw-2799	1659	23	contracts	contract	NOUN
taxlaw-2799	1659	24	.	.	PUNCT
taxlaw-2799	1660	1	rule	rule	VERB
taxlaw-2799	1660	2	4	4	NUM
taxlaw-2799	1660	3	:	:	PUNCT
taxlaw-2799	1660	4	other	other	ADJ
taxlaw-2799	1660	5	types	type	NOUN
taxlaw-2799	1660	6	of	of	ADP
taxlaw-2799	1660	7	contracts	contract	NOUN
taxlaw-2799	1660	8	(	(	PUNCT
taxlaw-2799	1660	9	not	not	PART
taxlaw-2799	1660	10	specifically	specifically	ADV
taxlaw-2799	1660	11	treated	treat	VERB
taxlaw-2799	1660	12	as	as	ADP
taxlaw-2799	1660	13	section	section	NOUN
taxlaw-2799	1660	14	1256	1256	NUM
taxlaw-2799	1660	15	contracts	contract	NOUN
taxlaw-2799	1660	16	pre	pre	NOUN
taxlaw-2799	1660	17	-	-	ADJ
taxlaw-2799	1660	18	dodd	dodd	NOUN
taxlaw-2799	1660	19	-	-	PUNCT
taxlaw-2799	1660	20	frank	frank	ADJ
taxlaw-2799	1660	21	)	)	PUNCT
taxlaw-2799	1660	22	generally	generally	ADV
taxlaw-2799	1660	23	are	be	AUX
taxlaw-2799	1660	24	not	not	PART
taxlaw-2799	1660	25	section	section	NOUN
taxlaw-2799	1660	26	1256	1256	NUM
taxlaw-2799	1660	27	contracts	contract	NOUN
taxlaw-2799	1660	28	.	.	PUNCT
taxlaw-2799	1661	1	one	one	PRON
taxlaw-2799	1661	2	might	might	AUX
taxlaw-2799	1661	3	want	want	VERB
taxlaw-2799	1661	4	to	to	PART
taxlaw-2799	1661	5	modify	modify	VERB
taxlaw-2799	1661	6	this	this	PRON
taxlaw-2799	1661	7	to	to	PART
taxlaw-2799	1661	8	provide	provide	VERB
taxlaw-2799	1661	9	that	that	DET
taxlaw-2799	1661	10	contracts	contract	NOUN
taxlaw-2799	1661	11	of	of	ADP
taxlaw-2799	1661	12	a	a	DET
taxlaw-2799	1661	13	kind	kind	NOUN
taxlaw-2799	1661	14	eligible	eligible	ADJ
taxlaw-2799	1661	15	to	to	PART
taxlaw-2799	1661	16	be	be	AUX
taxlaw-2799	1661	17	exchanged	exchange	VERB
taxlaw-2799	1661	18	for	for	ADP
taxlaw-2799	1661	19	rule	rule	NOUN
taxlaw-2799	1661	20	2	2	NUM
taxlaw-2799	1661	21	contracts	contract	NOUN
taxlaw-2799	1661	22	and	and	CCONJ
taxlaw-2799	1661	23	that	that	PRON
taxlaw-2799	1661	24	are	be	AUX
taxlaw-2799	1661	25	cleared	clear	VERB
taxlaw-2799	1661	26	by	by	ADP
taxlaw-2799	1661	27	a	a	DET
taxlaw-2799	1661	28	regulated	regulated	ADJ
taxlaw-2799	1661	29	clearinghouse	clearinghouse	NOUN
taxlaw-2799	1661	30	should	should	AUX
taxlaw-2799	1661	31	be	be	AUX
taxlaw-2799	1661	32	taxed	tax	VERB
taxlaw-2799	1661	33	as	as	ADP
taxlaw-2799	1661	34	section	section	NOUN
taxlaw-2799	1661	35	1256	1256	NUM
taxlaw-2799	1661	36	contracts	contract	NOUN
taxlaw-2799	1661	37	.	.	PUNCT
taxlaw-2799	1662	1	82	82	NUM
taxlaw-2799	1662	2	columbia	columbia	PROPN
taxlaw-2799	1662	3	jour	jour	PROPN
taxlaw-2799	1662	4	al	al	PROPN
taxlaw-2799	1662	5	of	of	ADP
taxlaw-2799	1662	6	tax	tax	NOUN
taxlaw-2799	1662	7	law	law	NOUN
taxlaw-2799	1662	8	[	[	X
taxlaw-2799	1662	9	vol	vol	NOUN
taxlaw-2799	1662	10	.	.	PUNCT
taxlaw-2799	1662	11	2:1	2:1	NUM
taxlaw-2799	1663	1	if	if	SCONJ
taxlaw-2799	1663	2	these	these	DET
taxlaw-2799	1663	3	rules	rule	NOUN
taxlaw-2799	1663	4	applied	apply	VERB
taxlaw-2799	1663	5	,	,	PUNCT
taxlaw-2799	1663	6	idcg	idcg	PROPN
taxlaw-2799	1663	7	interest	interest	PROPN
taxlaw-2799	1663	8	rate	rate	PROPN
taxlaw-2799	1663	9	swap	swap	NOUN
taxlaw-2799	1663	10	futures	future	NOUN
taxlaw-2799	1663	11	,	,	PUNCT
taxlaw-2799	1663	12	forward	forward	ADJ
taxlaw-2799	1663	13	rate	rate	NOUN
taxlaw-2799	1663	14	agreements	agreement	NOUN
taxlaw-2799	1663	15	(	(	PUNCT
taxlaw-2799	1663	16	if	if	SCONJ
taxlaw-2799	1663	17	not	not	PART
taxlaw-2799	1663	18	futures	future	NOUN
taxlaw-2799	1663	19	contracts	contract	NOUN
taxlaw-2799	1663	20	)	)	PUNCT
taxlaw-2799	1663	21	,	,	PUNCT
taxlaw-2799	1663	22	and	and	CCONJ
taxlaw-2799	1663	23	swaptions	swaption	NOUN
taxlaw-2799	1663	24	would	would	AUX
taxlaw-2799	1663	25	not	not	PART
taxlaw-2799	1663	26	be	be	AUX
taxlaw-2799	1663	27	section	section	NOUN
taxlaw-2799	1663	28	1256	1256	NUM
taxlaw-2799	1663	29	contracts	contract	NOUN
taxlaw-2799	1663	30	;	;	PUNCT
taxlaw-2799	1663	31	cme	cme	PROPN
taxlaw-2799	1663	32	swap	swap	NOUN
taxlaw-2799	1663	33	futures	future	NOUN
taxlaw-2799	1663	34	would	would	AUX
taxlaw-2799	1663	35	be	be	AUX
taxlaw-2799	1663	36	section	section	NOUN
taxlaw-2799	1663	37	1256	1256	NUM
taxlaw-2799	1663	38	contracts	contract	NOUN
taxlaw-2799	1663	39	;	;	PUNCT
taxlaw-2799	1663	40	and	and	CCONJ
taxlaw-2799	1663	41	energy	energy	NOUN
taxlaw-2799	1663	42	swaps	swap	NOUN
taxlaw-2799	1663	43	not	not	PART
taxlaw-2799	1663	44	exchanged	exchange	VERB
taxlaw-2799	1663	45	for	for	ADP
taxlaw-2799	1663	46	futures	future	NOUN
taxlaw-2799	1663	47	contracts	contract	NOUN
taxlaw-2799	1663	48	either	either	CCONJ
taxlaw-2799	1663	49	would	would	AUX
taxlaw-2799	1663	50	or	or	CCONJ
taxlaw-2799	1663	51	would	would	AUX
taxlaw-2799	1663	52	not	not	PART
taxlaw-2799	1663	53	constitute	constitute	VERB
taxlaw-2799	1663	54	section	section	NOUN
taxlaw-2799	1663	55	1256	1256	NUM
taxlaw-2799	1663	56	contracts	contract	NOUN
taxlaw-2799	1663	57	depending	depend	VERB
taxlaw-2799	1663	58	on	on	ADP
taxlaw-2799	1663	59	how	how	SCONJ
taxlaw-2799	1663	60	rule	rule	NOUN
taxlaw-2799	1663	61	4	4	NUM
taxlaw-2799	1663	62	was	be	AUX
taxlaw-2799	1663	63	applied	apply	VERB
taxlaw-2799	1663	64	.	.	PUNCT
taxlaw-2799	1664	1	iv	iv	X
taxlaw-2799	1664	2	.	.	PUNCT
taxlaw-2799	1664	3	initial	initial	ADJ
taxlaw-2799	1664	4	payments	payment	NOUN
taxlaw-2799	1664	5	.	.	PUNCT
taxlaw-2799	1665	1	this	this	DET
taxlaw-2799	1665	2	part	part	NOUN
taxlaw-2799	1665	3	iv	iv	NUM
taxlaw-2799	1665	4	now	now	ADV
taxlaw-2799	1665	5	turns	turn	VERB
taxlaw-2799	1665	6	to	to	ADP
taxlaw-2799	1665	7	the	the	DET
taxlaw-2799	1665	8	other	other	ADJ
taxlaw-2799	1665	9	principal	principal	ADJ
taxlaw-2799	1665	10	issue	issue	NOUN
taxlaw-2799	1665	11	that	that	PRON
taxlaw-2799	1665	12	is	be	AUX
taxlaw-2799	1665	13	the	the	DET
taxlaw-2799	1665	14	subject	subject	NOUN
taxlaw-2799	1665	15	of	of	ADP
taxlaw-2799	1665	16	this	this	DET
taxlaw-2799	1665	17	article	article	NOUN
taxlaw-2799	1665	18	,	,	PUNCT
taxlaw-2799	1665	19	namely	namely	ADV
taxlaw-2799	1665	20	the	the	DET
taxlaw-2799	1665	21	possibility	possibility	NOUN
taxlaw-2799	1665	22	that	that	SCONJ
taxlaw-2799	1665	23	the	the	DET
taxlaw-2799	1665	24	upfront	upfront	ADJ
taxlaw-2799	1665	25	payment	payment	NOUN
taxlaw-2799	1665	26	on	on	ADP
taxlaw-2799	1665	27	a	a	DET
taxlaw-2799	1665	28	swap	swap	NOUN
taxlaw-2799	1665	29	might	might	AUX
taxlaw-2799	1665	30	be	be	AUX
taxlaw-2799	1665	31	treated	treat	VERB
taxlaw-2799	1665	32	as	as	ADP
taxlaw-2799	1665	33	a	a	DET
taxlaw-2799	1665	34	loan	loan	NOUN
taxlaw-2799	1665	35	for	for	ADP
taxlaw-2799	1665	36	u.s	u.s	PROPN
taxlaw-2799	1665	37	.	.	PROPN
taxlaw-2799	1665	38	federal	federal	ADJ
taxlaw-2799	1665	39	income	income	NOUN
taxlaw-2799	1665	40	tax	tax	NOUN
taxlaw-2799	1665	41	purposes	purpose	NOUN
taxlaw-2799	1665	42	,	,	PUNCT
taxlaw-2799	1665	43	with	with	ADP
taxlaw-2799	1665	44	the	the	DET
taxlaw-2799	1665	45	result	result	NOUN
taxlaw-2799	1665	46	that	that	SCONJ
taxlaw-2799	1665	47	payments	payment	NOUN
taxlaw-2799	1665	48	of	of	ADP
taxlaw-2799	1665	49	interest	interest	NOUN
taxlaw-2799	1665	50	are	be	AUX
taxlaw-2799	1665	51	deemed	deem	VERB
taxlaw-2799	1665	52	to	to	PART
taxlaw-2799	1665	53	be	be	AUX
taxlaw-2799	1665	54	made	make	VERB
taxlaw-2799	1665	55	between	between	ADP
taxlaw-2799	1665	56	the	the	DET
taxlaw-2799	1665	57	parties	party	NOUN
taxlaw-2799	1665	58	.	.	PUNCT
taxlaw-2799	1666	1	as	as	SCONJ
taxlaw-2799	1666	2	discussed	discuss	VERB
taxlaw-2799	1666	3	in	in	ADP
taxlaw-2799	1666	4	section	section	NOUN
taxlaw-2799	1666	5	ii.c	ii.c	NOUN
taxlaw-2799	1666	6	,	,	PUNCT
taxlaw-2799	1666	7	above	above	ADV
taxlaw-2799	1666	8	,	,	PUNCT
taxlaw-2799	1666	9	it	it	PRON
taxlaw-2799	1666	10	appears	appear	VERB
taxlaw-2799	1666	11	likely	likely	ADJ
taxlaw-2799	1666	12	that	that	SCONJ
taxlaw-2799	1666	13	there	there	PRON
taxlaw-2799	1666	14	will	will	AUX
taxlaw-2799	1666	15	often	often	ADV
taxlaw-2799	1666	16	be	be	AUX
taxlaw-2799	1666	17	upfront	upfront	ADJ
taxlaw-2799	1666	18	payments	payment	NOUN
taxlaw-2799	1666	19	,	,	PUNCT
taxlaw-2799	1666	20	or	or	CCONJ
taxlaw-2799	1666	21	deemed	deem	VERB
taxlaw-2799	1666	22	upfront	upfront	ADJ
taxlaw-2799	1666	23	payments	payment	NOUN
taxlaw-2799	1666	24	,	,	PUNCT
taxlaw-2799	1666	25	under	under	ADP
taxlaw-2799	1666	26	cleared	clear	VERB
taxlaw-2799	1666	27	swaps	swap	NOUN
taxlaw-2799	1666	28	for	for	ADP
taxlaw-2799	1666	29	a	a	DET
taxlaw-2799	1666	30	number	number	NOUN
taxlaw-2799	1666	31	of	of	ADP
taxlaw-2799	1666	32	different	different	ADJ
taxlaw-2799	1666	33	reasons	reason	NOUN
taxlaw-2799	1666	34	.	.	PUNCT
taxlaw-2799	1667	1	an	an	DET
taxlaw-2799	1667	2	obvious	obvious	ADJ
taxlaw-2799	1667	3	one	one	NOUN
taxlaw-2799	1667	4	is	be	AUX
taxlaw-2799	1667	5	that	that	SCONJ
taxlaw-2799	1667	6	in	in	ADP
taxlaw-2799	1667	7	the	the	DET
taxlaw-2799	1667	8	case	case	NOUN
taxlaw-2799	1667	9	of	of	ADP
taxlaw-2799	1667	10	a	a	DET
taxlaw-2799	1667	11	swap	swap	NOUN
taxlaw-2799	1667	12	such	such	ADJ
taxlaw-2799	1667	13	as	as	ADP
taxlaw-2799	1667	14	a	a	DET
taxlaw-2799	1667	15	cds	cd	NOUN
taxlaw-2799	1667	16	that	that	PRON
taxlaw-2799	1667	17	provides	provide	VERB
taxlaw-2799	1667	18	for	for	ADP
taxlaw-2799	1667	19	coupon	coupon	NOUN
taxlaw-2799	1667	20	payments	payment	NOUN
taxlaw-2799	1667	21	at	at	ADP
taxlaw-2799	1667	22	the	the	DET
taxlaw-2799	1667	23	standardized	standardized	ADJ
taxlaw-2799	1667	24	level	level	NOUN
taxlaw-2799	1667	25	rather	rather	ADV
taxlaw-2799	1667	26	than	than	ADP
taxlaw-2799	1667	27	the	the	DET
taxlaw-2799	1667	28	market	market	NOUN
taxlaw-2799	1667	29	quoted	quote	VERB
taxlaw-2799	1667	30	level	level	NOUN
taxlaw-2799	1667	31	,	,	PUNCT
taxlaw-2799	1667	32	there	there	PRON
taxlaw-2799	1667	33	will	will	AUX
taxlaw-2799	1667	34	always	always	ADV
taxlaw-2799	1667	35	be	be	AUX
taxlaw-2799	1667	36	an	an	DET
taxlaw-2799	1667	37	upfront	upfront	ADJ
taxlaw-2799	1667	38	payment	payment	NOUN
taxlaw-2799	1667	39	in	in	ADP
taxlaw-2799	1667	40	order	order	NOUN
taxlaw-2799	1667	41	to	to	PART
taxlaw-2799	1667	42	bring	bring	VERB
taxlaw-2799	1667	43	the	the	DET
taxlaw-2799	1667	44	aggregate	aggregate	ADJ
taxlaw-2799	1667	45	payments	payment	NOUN
taxlaw-2799	1667	46	under	under	ADP
taxlaw-2799	1667	47	the	the	DET
taxlaw-2799	1667	48	swap	swap	NOUN
taxlaw-2799	1667	49	back	back	ADV
taxlaw-2799	1667	50	to	to	ADP
taxlaw-2799	1667	51	a	a	DET
taxlaw-2799	1667	52	market	market	NOUN
taxlaw-2799	1667	53	level	level	NOUN
taxlaw-2799	1667	54	.	.	PUNCT
taxlaw-2799	1668	1	other	other	ADJ
taxlaw-2799	1668	2	potential	potential	ADJ
taxlaw-2799	1668	3	causes	cause	NOUN
taxlaw-2799	1668	4	of	of	ADP
taxlaw-2799	1668	5	an	an	DET
taxlaw-2799	1668	6	upfront	upfront	ADJ
taxlaw-2799	1668	7	payment	payment	NOUN
taxlaw-2799	1668	8	,	,	PUNCT
taxlaw-2799	1668	9	or	or	CCONJ
taxlaw-2799	1668	10	deemed	deem	VERB
taxlaw-2799	1668	11	upfront	upfront	ADJ
taxlaw-2799	1668	12	payment	payment	NOUN
taxlaw-2799	1668	13	,	,	PUNCT
taxlaw-2799	1668	14	are	be	AUX
taxlaw-2799	1668	15	closing	close	VERB
taxlaw-2799	1668	16	out	out	ADP
taxlaw-2799	1668	17	cleared	clear	VERB
taxlaw-2799	1668	18	swaps	swap	NOUN
taxlaw-2799	1668	19	,	,	PUNCT
taxlaw-2799	1668	20	transfers	transfer	NOUN
taxlaw-2799	1668	21	of	of	ADP
taxlaw-2799	1668	22	existing	exist	VERB
taxlaw-2799	1668	23	otc	otc	PROPN
taxlaw-2799	1668	24	swaps	swap	NOUN
taxlaw-2799	1668	25	into	into	ADP
taxlaw-2799	1668	26	a	a	DET
taxlaw-2799	1668	27	clearinghouse	clearinghouse	NOUN
taxlaw-2799	1668	28	,	,	PUNCT
taxlaw-2799	1668	29	and	and	CCONJ
taxlaw-2799	1668	30	transfers	transfer	NOUN
taxlaw-2799	1668	31	of	of	ADP
taxlaw-2799	1668	32	existing	exist	VERB
taxlaw-2799	1668	33	cleared	clear	VERB
taxlaw-2799	1668	34	swaps	swap	NOUN
taxlaw-2799	1668	35	if	if	SCONJ
taxlaw-2799	1668	36	an	an	DET
taxlaw-2799	1668	37	fcm	fcm	X
taxlaw-2799	1668	38	defaults	default	NOUN
taxlaw-2799	1668	39	.	.	PUNCT
taxlaw-2799	1669	1	as	as	SCONJ
taxlaw-2799	1669	2	described	describe	VERB
taxlaw-2799	1669	3	in	in	ADP
taxlaw-2799	1669	4	section	section	NOUN
taxlaw-2799	1669	5	i.b.1	i.b.1	NOUN
taxlaw-2799	1669	6	,	,	PUNCT
taxlaw-2799	1669	7	above	above	ADV
taxlaw-2799	1669	8	,	,	PUNCT
taxlaw-2799	1669	9	under	under	ADP
taxlaw-2799	1669	10	treasury	treasury	NOUN
taxlaw-2799	1669	11	regulation	regulation	NOUN
taxlaw-2799	1669	12	§	§	PROPN
taxlaw-2799	1669	13	1.446	1.446	NUM
taxlaw-2799	1669	14	-	-	SYM
taxlaw-2799	1669	15	3(g)(4	3(g)(4	NUM
taxlaw-2799	1669	16	)	)	PUNCT
taxlaw-2799	1669	17	,	,	PUNCT
taxlaw-2799	1669	18	a	a	DET
taxlaw-2799	1669	19	“	"	PUNCT
taxlaw-2799	1669	20	significant	significant	ADJ
taxlaw-2799	1669	21	”	"	PUNCT
taxlaw-2799	1669	22	nonperiodic	nonperiodic	ADJ
taxlaw-2799	1669	23	payment	payment	NOUN
taxlaw-2799	1669	24	on	on	ADP
taxlaw-2799	1669	25	a	a	DET
taxlaw-2799	1669	26	notional	notional	ADJ
taxlaw-2799	1669	27	principal	principal	ADJ
taxlaw-2799	1669	28	contract	contract	NOUN
taxlaw-2799	1669	29	is	be	AUX
taxlaw-2799	1669	30	recharacterized	recharacterize	VERB
taxlaw-2799	1669	31	for	for	ADP
taxlaw-2799	1669	32	u.s	u.s	PROPN
taxlaw-2799	1669	33	.	.	PROPN
taxlaw-2799	1669	34	federal	federal	ADJ
taxlaw-2799	1669	35	income	income	NOUN
taxlaw-2799	1669	36	tax	tax	NOUN
taxlaw-2799	1669	37	purposes	purpose	NOUN
taxlaw-2799	1669	38	as	as	ADP
taxlaw-2799	1669	39	a	a	DET
taxlaw-2799	1669	40	deemed	deemed	ADJ
taxlaw-2799	1669	41	loan	loan	NOUN
taxlaw-2799	1669	42	from	from	ADP
taxlaw-2799	1669	43	the	the	DET
taxlaw-2799	1669	44	party	party	NOUN
taxlaw-2799	1669	45	making	make	VERB
taxlaw-2799	1669	46	the	the	DET
taxlaw-2799	1669	47	payment	payment	NOUN
taxlaw-2799	1669	48	to	to	ADP
taxlaw-2799	1669	49	the	the	DET
taxlaw-2799	1669	50	recipient	recipient	NOUN
taxlaw-2799	1669	51	that	that	PRON
taxlaw-2799	1669	52	is	be	AUX
taxlaw-2799	1669	53	paid	pay	VERB
taxlaw-2799	1669	54	back	back	ADV
taxlaw-2799	1669	55	in	in	ADP
taxlaw-2799	1669	56	installments	installment	NOUN
taxlaw-2799	1669	57	over	over	ADP
taxlaw-2799	1669	58	the	the	DET
taxlaw-2799	1669	59	life	life	NOUN
taxlaw-2799	1669	60	of	of	ADP
taxlaw-2799	1669	61	the	the	DET
taxlaw-2799	1669	62	contract	contract	NOUN
taxlaw-2799	1669	63	.	.	PUNCT
taxlaw-2799	1670	1	in	in	ADP
taxlaw-2799	1670	2	the	the	DET
taxlaw-2799	1670	3	case	case	NOUN
taxlaw-2799	1670	4	of	of	ADP
taxlaw-2799	1670	5	most	most	ADJ
taxlaw-2799	1670	6	otc	otc	ADJ
taxlaw-2799	1670	7	swaps	swap	NOUN
taxlaw-2799	1670	8	,	,	PUNCT
taxlaw-2799	1670	9	these	these	DET
taxlaw-2799	1670	10	rules	rule	NOUN
taxlaw-2799	1670	11	are	be	AUX
taxlaw-2799	1670	12	(	(	PUNCT
taxlaw-2799	1670	13	fairly	fairly	ADV
taxlaw-2799	1670	14	)	)	PUNCT
taxlaw-2799	1670	15	clear	clear	ADJ
taxlaw-2799	1670	16	and	and	CCONJ
taxlaw-2799	1670	17	have	have	AUX
taxlaw-2799	1670	18	not	not	PART
taxlaw-2799	1670	19	been	be	AUX
taxlaw-2799	1670	20	problematic	problematic	ADJ
taxlaw-2799	1670	21	for	for	ADP
taxlaw-2799	1670	22	dayto	dayto	PROPN
taxlaw-2799	1670	23	-	-	PUNCT
taxlaw-2799	1670	24	day	day	NOUN
taxlaw-2799	1670	25	business	business	NOUN
taxlaw-2799	1670	26	transactions	transaction	NOUN
taxlaw-2799	1670	27	,	,	PUNCT
taxlaw-2799	1670	28	because	because	SCONJ
taxlaw-2799	1670	29	it	it	PRON
taxlaw-2799	1670	30	was	be	AUX
taxlaw-2799	1670	31	rare	rare	ADJ
taxlaw-2799	1670	32	for	for	SCONJ
taxlaw-2799	1670	33	an	an	DET
taxlaw-2799	1670	34	upfront	upfront	ADJ
taxlaw-2799	1670	35	payment	payment	NOUN
taxlaw-2799	1670	36	on	on	ADP
taxlaw-2799	1670	37	interest	interest	NOUN
taxlaw-2799	1670	38	rate	rate	NOUN
taxlaw-2799	1670	39	swaps	swap	NOUN
taxlaw-2799	1670	40	,	,	PUNCT
taxlaw-2799	1670	41	foreign	foreign	ADJ
taxlaw-2799	1670	42	currency	currency	NOUN
taxlaw-2799	1670	43	swaps	swap	NOUN
taxlaw-2799	1670	44	or	or	CCONJ
taxlaw-2799	1670	45	most	most	ADJ
taxlaw-2799	1670	46	other	other	ADJ
taxlaw-2799	1670	47	common	common	ADJ
taxlaw-2799	1670	48	types	type	NOUN
taxlaw-2799	1670	49	of	of	ADP
taxlaw-2799	1670	50	swaps	swap	NOUN
taxlaw-2799	1670	51	to	to	PART
taxlaw-2799	1670	52	be	be	AUX
taxlaw-2799	1670	53	paid	pay	VERB
taxlaw-2799	1670	54	,	,	PUNCT
taxlaw-2799	1670	55	or	or	CCONJ
taxlaw-2799	1670	56	if	if	SCONJ
taxlaw-2799	1670	57	so	so	ADV
taxlaw-2799	1670	58	,	,	PUNCT
taxlaw-2799	1670	59	for	for	SCONJ
taxlaw-2799	1670	60	it	it	PRON
taxlaw-2799	1670	61	to	to	PART
taxlaw-2799	1670	62	breach	breach	VERB
taxlaw-2799	1670	63	the	the	DET
taxlaw-2799	1670	64	“	"	PUNCT
taxlaw-2799	1670	65	significance	significance	NOUN
taxlaw-2799	1670	66	”	"	PUNCT
taxlaw-2799	1670	67	threshold	threshold	NOUN
taxlaw-2799	1670	68	,	,	PUNCT
taxlaw-2799	1670	69	whatever	whatever	PRON
taxlaw-2799	1670	70	that	that	PRON
taxlaw-2799	1670	71	may	may	AUX
taxlaw-2799	1670	72	be	be	AUX
taxlaw-2799	1670	73	.	.	PUNCT
taxlaw-2799	1671	1	consequently	consequently	ADV
taxlaw-2799	1671	2	,	,	PUNCT
taxlaw-2799	1671	3	taxpayers	taxpayer	NOUN
taxlaw-2799	1671	4	have	have	AUX
taxlaw-2799	1671	5	not	not	PART
taxlaw-2799	1671	6	developed	develop	VERB
taxlaw-2799	1671	7	the	the	DET
taxlaw-2799	1671	8	internal	internal	ADJ
taxlaw-2799	1671	9	systems	system	NOUN
taxlaw-2799	1671	10	that	that	PRON
taxlaw-2799	1671	11	would	would	AUX
taxlaw-2799	1671	12	be	be	AUX
taxlaw-2799	1671	13	necessary	necessary	ADJ
taxlaw-2799	1671	14	to	to	PART
taxlaw-2799	1671	15	monitor	monitor	VERB
taxlaw-2799	1671	16	whether	whether	SCONJ
taxlaw-2799	1671	17	a	a	DET
taxlaw-2799	1671	18	deemed	deem	VERB
taxlaw-2799	1671	19	loan	loan	NOUN
taxlaw-2799	1671	20	arises	arise	VERB
taxlaw-2799	1671	21	and	and	CCONJ
taxlaw-2799	1671	22	instead	instead	ADV
taxlaw-2799	1671	23	have	have	AUX
taxlaw-2799	1671	24	dealt	deal	VERB
taxlaw-2799	1671	25	with	with	ADP
taxlaw-2799	1671	26	the	the	DET
taxlaw-2799	1671	27	issue	issue	NOUN
taxlaw-2799	1671	28	on	on	ADP
taxlaw-2799	1671	29	a	a	DET
taxlaw-2799	1671	30	case	case	NOUN
taxlaw-2799	1671	31	-	-	PUNCT
taxlaw-2799	1671	32	by	by	ADP
taxlaw-2799	1671	33	-	-	PUNCT
taxlaw-2799	1671	34	case	case	NOUN
taxlaw-2799	1671	35	basis	basis	NOUN
taxlaw-2799	1671	36	.	.	PUNCT
taxlaw-2799	1672	1	in	in	ADP
taxlaw-2799	1672	2	the	the	DET
taxlaw-2799	1672	3	case	case	NOUN
taxlaw-2799	1672	4	of	of	ADP
taxlaw-2799	1672	5	cleared	clear	VERB
taxlaw-2799	1672	6	swaps	swap	NOUN
taxlaw-2799	1672	7	,	,	PUNCT
taxlaw-2799	1672	8	not	not	PART
taxlaw-2799	1672	9	only	only	ADV
taxlaw-2799	1672	10	is	be	AUX
taxlaw-2799	1672	11	it	it	PRON
taxlaw-2799	1672	12	more	more	ADV
taxlaw-2799	1672	13	likely	likely	ADJ
taxlaw-2799	1672	14	that	that	SCONJ
taxlaw-2799	1672	15	upfront	upfront	ADJ
taxlaw-2799	1672	16	payments	payment	NOUN
taxlaw-2799	1672	17	will	will	AUX
taxlaw-2799	1672	18	be	be	AUX
taxlaw-2799	1672	19	made	make	VERB
taxlaw-2799	1672	20	on	on	ADP
taxlaw-2799	1672	21	a	a	DET
taxlaw-2799	1672	22	swap	swap	NOUN
taxlaw-2799	1672	23	,	,	PUNCT
taxlaw-2799	1672	24	there	there	PRON
taxlaw-2799	1672	25	are	be	VERB
taxlaw-2799	1672	26	also	also	ADV
taxlaw-2799	1672	27	a	a	DET
taxlaw-2799	1672	28	number	number	NOUN
taxlaw-2799	1672	29	of	of	ADP
taxlaw-2799	1672	30	aspects	aspect	NOUN
taxlaw-2799	1672	31	of	of	ADP
taxlaw-2799	1672	32	clearing	clearing	NOUN
taxlaw-2799	1672	33	that	that	PRON
taxlaw-2799	1672	34	raise	raise	VERB
taxlaw-2799	1672	35	additional	additional	ADJ
taxlaw-2799	1672	36	technical	technical	ADJ
taxlaw-2799	1672	37	questions	question	NOUN
taxlaw-2799	1672	38	about	about	ADP
taxlaw-2799	1672	39	when	when	SCONJ
taxlaw-2799	1672	40	and	and	CCONJ
taxlaw-2799	1672	41	whether	whether	SCONJ
taxlaw-2799	1672	42	a	a	DET
taxlaw-2799	1672	43	deemed	deem	VERB
taxlaw-2799	1672	44	loan	loan	NOUN
taxlaw-2799	1672	45	arises	arise	VERB
taxlaw-2799	1672	46	,	,	PUNCT
taxlaw-2799	1672	47	and	and	CCONJ
taxlaw-2799	1672	48	if	if	SCONJ
taxlaw-2799	1672	49	so	so	ADV
taxlaw-2799	1672	50	what	what	PRON
taxlaw-2799	1672	51	its	its	PRON
taxlaw-2799	1672	52	terms	term	NOUN
taxlaw-2799	1672	53	are	be	AUX
taxlaw-2799	1672	54	.	.	PUNCT
taxlaw-2799	1673	1	existing	exist	VERB
taxlaw-2799	1673	2	law	law	NOUN
taxlaw-2799	1673	3	does	do	AUX
taxlaw-2799	1673	4	not	not	PART
taxlaw-2799	1673	5	,	,	PUNCT
taxlaw-2799	1673	6	of	of	ADP
taxlaw-2799	1673	7	course	course	NOUN
taxlaw-2799	1673	8	,	,	PUNCT
taxlaw-2799	1673	9	address	address	VERB
taxlaw-2799	1673	10	those	those	DET
taxlaw-2799	1673	11	issues	issue	NOUN
taxlaw-2799	1673	12	.	.	PUNCT
taxlaw-2799	1674	1	section	section	NOUN
taxlaw-2799	1674	2	iv.a	iv.a	PROPN
taxlaw-2799	1674	3	discusses	discuss	VERB
taxlaw-2799	1674	4	whether	whether	SCONJ
taxlaw-2799	1674	5	an	an	DET
taxlaw-2799	1674	6	upfront	upfront	ADJ
taxlaw-2799	1674	7	payment	payment	NOUN
taxlaw-2799	1674	8	on	on	ADP
taxlaw-2799	1674	9	a	a	DET
taxlaw-2799	1674	10	cleared	clear	VERB
taxlaw-2799	1674	11	swap	swap	NOUN
taxlaw-2799	1674	12	is	be	AUX
taxlaw-2799	1674	13	in	in	ADP
taxlaw-2799	1674	14	fact	fact	NOUN
taxlaw-2799	1674	15	a	a	DET
taxlaw-2799	1674	16	“	"	PUNCT
taxlaw-2799	1674	17	payment	payment	NOUN
taxlaw-2799	1674	18	”	"	PUNCT
taxlaw-2799	1674	19	for	for	ADP
taxlaw-2799	1674	20	u.s	u.s	PROPN
taxlaw-2799	1674	21	.	.	PROPN
taxlaw-2799	1674	22	federal	federal	ADJ
taxlaw-2799	1674	23	income	income	NOUN
taxlaw-2799	1674	24	tax	tax	NOUN
taxlaw-2799	1674	25	purposes	purpose	NOUN
taxlaw-2799	1674	26	,	,	PUNCT
taxlaw-2799	1674	27	and	and	CCONJ
taxlaw-2799	1674	28	if	if	SCONJ
taxlaw-2799	1674	29	so	so	ADV
taxlaw-2799	1674	30	,	,	PUNCT
taxlaw-2799	1674	31	to	to	PART
taxlaw-2799	1674	32	whom	whom	PRON
taxlaw-2799	1674	33	it	it	PRON
taxlaw-2799	1674	34	should	should	AUX
taxlaw-2799	1674	35	be	be	AUX
taxlaw-2799	1674	36	considered	consider	VERB
taxlaw-2799	1674	37	paid	pay	VERB
taxlaw-2799	1674	38	.	.	PUNCT
taxlaw-2799	1675	1	section	section	PROPN
taxlaw-2799	1675	2	iv.b	iv.b	PROPN
taxlaw-2799	1675	3	discusses	discuss	VERB
taxlaw-2799	1675	4	a	a	DET
taxlaw-2799	1675	5	number	number	NOUN
taxlaw-2799	1675	6	of	of	ADP
taxlaw-2799	1675	7	issues	issue	NOUN
taxlaw-2799	1675	8	having	have	VERB
taxlaw-2799	1675	9	to	to	PART
taxlaw-2799	1675	10	do	do	VERB
taxlaw-2799	1675	11	with	with	ADP
taxlaw-2799	1675	12	when	when	SCONJ
taxlaw-2799	1675	13	a	a	DET
taxlaw-2799	1675	14	deemed	deem	VERB
taxlaw-2799	1675	15	loan	loan	NOUN
taxlaw-2799	1675	16	arises	arise	VERB
taxlaw-2799	1675	17	on	on	ADP
taxlaw-2799	1675	18	a	a	DET
taxlaw-2799	1675	19	cleared	clear	VERB
taxlaw-2799	1675	20	swap	swap	NOUN
taxlaw-2799	1675	21	and	and	CCONJ
taxlaw-2799	1675	22	if	if	SCONJ
taxlaw-2799	1675	23	so	so	ADV
taxlaw-2799	1675	24	what	what	PRON
taxlaw-2799	1675	25	its	its	PRON
taxlaw-2799	1675	26	terms	term	NOUN
taxlaw-2799	1675	27	are	be	AUX
taxlaw-2799	1675	28	.	.	PUNCT
taxlaw-2799	1676	1	section	section	NOUN
taxlaw-2799	1676	2	iv.c	iv.c	PROPN
taxlaw-2799	1676	3	then	then	ADV
taxlaw-2799	1676	4	discusses	discuss	VERB
taxlaw-2799	1676	5	a	a	DET
taxlaw-2799	1676	6	number	number	NOUN
taxlaw-2799	1676	7	of	of	ADP
taxlaw-2799	1676	8	additional	additional	ADJ
taxlaw-2799	1676	9	issues	issue	NOUN
taxlaw-2799	1676	10	that	that	PRON
taxlaw-2799	1676	11	come	come	VERB
taxlaw-2799	1676	12	in	in	ADP
taxlaw-2799	1676	13	to	to	PART
taxlaw-2799	1676	14	play	play	VERB
taxlaw-2799	1676	15	for	for	ADP
taxlaw-2799	1676	16	cleared	clear	VERB
taxlaw-2799	1676	17	cds	cd	NOUN
taxlaw-2799	1676	18	.	.	PUNCT
taxlaw-2799	1677	1	in	in	ADP
taxlaw-2799	1677	2	the	the	DET
taxlaw-2799	1677	3	course	course	NOUN
taxlaw-2799	1677	4	of	of	ADP
taxlaw-2799	1677	5	discussion	discussion	NOUN
taxlaw-2799	1677	6	,	,	PUNCT
taxlaw-2799	1677	7	this	this	DET
taxlaw-2799	1677	8	part	part	NOUN
taxlaw-2799	1677	9	iv	iv	NUM
taxlaw-2799	1677	10	also	also	ADV
taxlaw-2799	1677	11	makes	make	VERB
taxlaw-2799	1677	12	a	a	DET
taxlaw-2799	1677	13	number	number	NOUN
taxlaw-2799	1677	14	of	of	ADP
taxlaw-2799	1677	15	suggestions	suggestion	NOUN
taxlaw-2799	1677	16	for	for	ADP
taxlaw-2799	1677	17	areas	area	NOUN
taxlaw-2799	1677	18	in	in	ADP
taxlaw-2799	1677	19	which	which	DET
taxlaw-2799	1677	20	guidance	guidance	NOUN
taxlaw-2799	1677	21	would	would	AUX
taxlaw-2799	1677	22	be	be	AUX
taxlaw-2799	1677	23	useful	useful	ADJ
taxlaw-2799	1677	24	.	.	PUNCT
taxlaw-2799	1678	1	as	as	SCONJ
taxlaw-2799	1678	2	this	this	DET
taxlaw-2799	1678	3	discussion	discussion	NOUN
taxlaw-2799	1678	4	will	will	AUX
taxlaw-2799	1678	5	demonstrate	demonstrate	VERB
taxlaw-2799	1678	6	,	,	PUNCT
taxlaw-2799	1678	7	there	there	PRON
taxlaw-2799	1678	8	are	be	VERB
taxlaw-2799	1678	9	many	many	ADJ
taxlaw-2799	1678	10	uncertainties	uncertainty	NOUN
taxlaw-2799	1678	11	as	as	ADP
taxlaw-2799	1678	12	to	to	ADP
taxlaw-2799	1678	13	whether	whether	SCONJ
taxlaw-2799	1678	14	a	a	DET
taxlaw-2799	1678	15	deemed	deem	VERB
taxlaw-2799	1678	16	loan	loan	NOUN
taxlaw-2799	1678	17	arises	arise	VERB
taxlaw-2799	1678	18	under	under	ADP
taxlaw-2799	1678	19	current	current	ADJ
taxlaw-2799	1678	20	law	law	NOUN
taxlaw-2799	1678	21	and	and	CCONJ
taxlaw-2799	1678	22	if	if	SCONJ
taxlaw-2799	1678	23	so	so	ADV
taxlaw-2799	1678	24	,	,	PUNCT
taxlaw-2799	1678	25	what	what	PRON
taxlaw-2799	1678	26	its	its	PRON
taxlaw-2799	1678	27	terms	term	NOUN
taxlaw-2799	1678	28	are	be	AUX
taxlaw-2799	1678	29	.	.	PUNCT
taxlaw-2799	1679	1	since	since	SCONJ
taxlaw-2799	1679	2	taxpayers	taxpayer	NOUN
taxlaw-2799	1679	3	must	must	AUX
taxlaw-2799	1679	4	file	file	VERB
taxlaw-2799	1679	5	annual	annual	ADJ
taxlaw-2799	1679	6	tax	tax	NOUN
taxlaw-2799	1679	7	returns	return	NOUN
taxlaw-2799	1679	8	,	,	PUNCT
taxlaw-2799	1679	9	whether	whether	SCONJ
taxlaw-2799	1679	10	taxpayers	taxpayer	NOUN
taxlaw-2799	1679	11	that	that	PRON
taxlaw-2799	1679	12	enter	enter	VERB
taxlaw-2799	1679	13	into	into	ADP
taxlaw-2799	1679	14	cleared	clear	VERB
taxlaw-2799	1679	15	swaps	swap	NOUN
taxlaw-2799	1679	16	with	with	ADP
taxlaw-2799	1679	17	upfront	upfront	ADJ
taxlaw-2799	1679	18	payments	payment	NOUN
taxlaw-2799	1679	19	must	must	AUX
taxlaw-2799	1679	20	treat	treat	VERB
taxlaw-2799	1679	21	them	they	PRON
taxlaw-2799	1679	22	as	as	ADP
taxlaw-2799	1679	23	giving	give	VERB
taxlaw-2799	1679	24	2011	2011	NUM
taxlaw-2799	1679	25	]	]	PUNCT
taxlaw-2799	1679	26	ew	ew	PROPN
taxlaw-2799	1679	27	tax	tax	NOUN
taxlaw-2799	1679	28	issues	issue	NOUN
taxlaw-2799	1679	29	arisi	arisi	VERB
taxlaw-2799	1679	30	g	g	PROPN
taxlaw-2799	1679	31	from	from	ADP
taxlaw-2799	1679	32	the	the	DET
taxlaw-2799	1679	33	dodd	dodd	NOUN
taxlaw-2799	1679	34	-	-	PUNCT
taxlaw-2799	1679	35	fra	fra	PROPN
taxlaw-2799	1679	36	k	k	PROPN
taxlaw-2799	1679	37	act	act	VERB
taxlaw-2799	1679	38	83	83	NUM
taxlaw-2799	1679	39	rise	rise	NOUN
taxlaw-2799	1679	40	to	to	ADP
taxlaw-2799	1679	41	deemed	deem	VERB
taxlaw-2799	1679	42	loans	loan	NOUN
taxlaw-2799	1679	43	and	and	CCONJ
taxlaw-2799	1679	44	the	the	DET
taxlaw-2799	1679	45	determination	determination	NOUN
taxlaw-2799	1679	46	of	of	ADP
taxlaw-2799	1679	47	how	how	SCONJ
taxlaw-2799	1679	48	much	much	ADJ
taxlaw-2799	1679	49	interest	interest	NOUN
taxlaw-2799	1679	50	is	be	AUX
taxlaw-2799	1679	51	deemed	deem	VERB
taxlaw-2799	1679	52	paid	pay	VERB
taxlaw-2799	1679	53	when	when	SCONJ
taxlaw-2799	1679	54	are	be	AUX
taxlaw-2799	1679	55	not	not	PART
taxlaw-2799	1679	56	abstract	abstract	ADJ
taxlaw-2799	1679	57	issues	issue	NOUN
taxlaw-2799	1679	58	.	.	PUNCT
taxlaw-2799	1680	1	more	more	ADV
taxlaw-2799	1680	2	specifically	specifically	ADV
taxlaw-2799	1680	3	,	,	PUNCT
taxlaw-2799	1680	4	deemed	deem	VERB
taxlaw-2799	1680	5	loan	loan	NOUN
taxlaw-2799	1680	6	/	/	SYM
taxlaw-2799	1680	7	interest	interest	NOUN
taxlaw-2799	1680	8	treatment	treatment	NOUN
taxlaw-2799	1680	9	implicates	implicate	VERB
taxlaw-2799	1680	10	information	information	NOUN
taxlaw-2799	1680	11	reporting	reporting	NOUN
taxlaw-2799	1680	12	rules	rule	NOUN
taxlaw-2799	1680	13	;	;	PUNCT
taxlaw-2799	1680	14	withholding	withhold	VERB
taxlaw-2799	1680	15	tax	tax	NOUN
taxlaw-2799	1680	16	rules	rule	NOUN
taxlaw-2799	1680	17	;	;	PUNCT
taxlaw-2799	1680	18	a	a	DET
taxlaw-2799	1680	19	variety	variety	NOUN
taxlaw-2799	1680	20	of	of	ADP
taxlaw-2799	1680	21	rules	rule	NOUN
taxlaw-2799	1680	22	dealing	deal	VERB
taxlaw-2799	1680	23	with	with	ADP
taxlaw-2799	1680	24	interest	interest	NOUN
taxlaw-2799	1680	25	expense	expense	NOUN
taxlaw-2799	1680	26	,	,	PUNCT
taxlaw-2799	1680	27	such	such	ADJ
taxlaw-2799	1680	28	as	as	ADP
taxlaw-2799	1680	29	the	the	DET
taxlaw-2799	1680	30	foreign	foreign	ADJ
taxlaw-2799	1680	31	tax	tax	NOUN
taxlaw-2799	1680	32	credit	credit	NOUN
taxlaw-2799	1680	33	rules	rule	NOUN
taxlaw-2799	1680	34	,	,	PUNCT
taxlaw-2799	1680	35	treasury	treasury	NOUN
taxlaw-2799	1680	36	regulation	regulation	NOUN
taxlaw-2799	1680	37	§	§	PROPN
taxlaw-2799	1680	38	1.882	1.882	NUM
taxlaw-2799	1680	39	-	-	SYM
taxlaw-2799	1680	40	5	5	NUM
taxlaw-2799	1680	41	,	,	PUNCT
taxlaw-2799	1680	42	addressing	address	VERB
taxlaw-2799	1680	43	the	the	DET
taxlaw-2799	1680	44	allocation	allocation	NOUN
taxlaw-2799	1680	45	of	of	ADP
taxlaw-2799	1680	46	interest	interest	NOUN
taxlaw-2799	1680	47	expense	expense	NOUN
taxlaw-2799	1680	48	by	by	ADP
taxlaw-2799	1680	49	foreign	foreign	ADJ
taxlaw-2799	1680	50	banks	bank	NOUN
taxlaw-2799	1680	51	and	and	CCONJ
taxlaw-2799	1680	52	other	other	ADJ
taxlaw-2799	1680	53	foreign	foreign	ADJ
taxlaw-2799	1680	54	persons	person	NOUN
taxlaw-2799	1680	55	doing	do	VERB
taxlaw-2799	1680	56	business	business	NOUN
taxlaw-2799	1680	57	in	in	ADP
taxlaw-2799	1680	58	the	the	DET
taxlaw-2799	1680	59	united	united	PROPN
taxlaw-2799	1680	60	states	states	PROPN
taxlaw-2799	1680	61	in	in	ADP
taxlaw-2799	1680	62	branch	branch	NOUN
taxlaw-2799	1680	63	form	form	NOUN
taxlaw-2799	1680	64	,	,	PUNCT
taxlaw-2799	1680	65	and	and	CCONJ
taxlaw-2799	1680	66	the	the	DET
taxlaw-2799	1680	67	unrelated	unrelated	ADJ
taxlaw-2799	1680	68	business	business	NOUN
taxlaw-2799	1680	69	taxable	taxable	ADJ
taxlaw-2799	1680	70	income	income	NOUN
taxlaw-2799	1680	71	rules	rule	NOUN
taxlaw-2799	1680	72	for	for	ADP
taxlaw-2799	1680	73	tax	tax	NOUN
taxlaw-2799	1680	74	-	-	PUNCT
taxlaw-2799	1680	75	exempt	exempt	ADJ
taxlaw-2799	1680	76	organizations	organization	NOUN
taxlaw-2799	1680	77	;	;	PUNCT
taxlaw-2799	1680	78	the	the	DET
taxlaw-2799	1680	79	§	§	PROPN
taxlaw-2799	1680	80	475	475	NUM
taxlaw-2799	1680	81	prohibition	prohibition	NOUN
taxlaw-2799	1680	82	on	on	ADP
taxlaw-2799	1680	83	marking	mark	VERB
taxlaw-2799	1680	84	one	one	NUM
taxlaw-2799	1680	85	’s	’s	PART
taxlaw-2799	1680	86	own	own	ADJ
taxlaw-2799	1680	87	debt	debt	NOUN
taxlaw-2799	1680	88	to	to	ADP
taxlaw-2799	1680	89	market	market	NOUN
taxlaw-2799	1680	90	;	;	PUNCT
taxlaw-2799	1680	91	and	and	CCONJ
taxlaw-2799	1680	92	for	for	ADP
taxlaw-2799	1680	93	some	some	DET
taxlaw-2799	1680	94	taxpayers	taxpayer	NOUN
taxlaw-2799	1680	95	that	that	PRON
taxlaw-2799	1680	96	enter	enter	VERB
taxlaw-2799	1680	97	into	into	ADP
taxlaw-2799	1680	98	off	off	ADP
taxlaw-2799	1680	99	-	-	PUNCT
taxlaw-2799	1680	100	market	market	NOUN
taxlaw-2799	1680	101	swaps	swap	NOUN
taxlaw-2799	1680	102	,	,	PUNCT
taxlaw-2799	1680	103	like	like	ADP
taxlaw-2799	1680	104	standardized	standardized	ADJ
taxlaw-2799	1680	105	cds	cd	NOUN
taxlaw-2799	1680	106	,	,	PUNCT
taxlaw-2799	1680	107	with	with	ADP
taxlaw-2799	1680	108	their	their	PRON
taxlaw-2799	1680	109	affiliates	affiliate	NOUN
taxlaw-2799	1680	110	,	,	PUNCT
taxlaw-2799	1680	111	potentially	potentially	ADV
taxlaw-2799	1680	112	§	§	PROPN
taxlaw-2799	1680	113	956	956	NUM
taxlaw-2799	1680	114	.	.	PUNCT
taxlaw-2799	1681	1	in	in	ADP
taxlaw-2799	1681	2	the	the	DET
taxlaw-2799	1681	3	view	view	NOUN
taxlaw-2799	1681	4	of	of	ADP
taxlaw-2799	1681	5	this	this	DET
taxlaw-2799	1681	6	author	author	NOUN
taxlaw-2799	1681	7	,	,	PUNCT
taxlaw-2799	1681	8	in	in	ADP
taxlaw-2799	1681	9	view	view	NOUN
taxlaw-2799	1681	10	of	of	ADP
taxlaw-2799	1681	11	the	the	DET
taxlaw-2799	1681	12	fact	fact	NOUN
taxlaw-2799	1681	13	that	that	SCONJ
taxlaw-2799	1681	14	taxpayers	taxpayer	NOUN
taxlaw-2799	1681	15	have	have	AUX
taxlaw-2799	1681	16	found	find	VERB
taxlaw-2799	1681	17	themselves	themselves	PRON
taxlaw-2799	1681	18	in	in	ADP
taxlaw-2799	1681	19	this	this	DET
taxlaw-2799	1681	20	uncertain	uncertain	ADJ
taxlaw-2799	1681	21	new	new	ADJ
taxlaw-2799	1681	22	world	world	NOUN
taxlaw-2799	1681	23	as	as	ADP
taxlaw-2799	1681	24	a	a	DET
taxlaw-2799	1681	25	result	result	NOUN
taxlaw-2799	1681	26	of	of	ADP
taxlaw-2799	1681	27	an	an	DET
taxlaw-2799	1681	28	extraordinary	extraordinary	ADJ
taxlaw-2799	1681	29	and	and	CCONJ
taxlaw-2799	1681	30	rapid	rapid	ADJ
taxlaw-2799	1681	31	reshaping	reshaping	NOUN
taxlaw-2799	1681	32	of	of	ADP
taxlaw-2799	1681	33	the	the	DET
taxlaw-2799	1681	34	financial	financial	ADJ
taxlaw-2799	1681	35	markets	market	NOUN
taxlaw-2799	1681	36	,	,	PUNCT
taxlaw-2799	1681	37	and	and	CCONJ
taxlaw-2799	1681	38	pursuant	pursuant	ADJ
taxlaw-2799	1681	39	to	to	ADP
taxlaw-2799	1681	40	changes	change	NOUN
taxlaw-2799	1681	41	in	in	ADP
taxlaw-2799	1681	42	non	non	ADJ
taxlaw-2799	1681	43	-	-	ADJ
taxlaw-2799	1681	44	tax	tax	ADJ
taxlaw-2799	1681	45	law	law	NOUN
taxlaw-2799	1681	46	and	and	CCONJ
taxlaw-2799	1681	47	regulatory	regulatory	ADJ
taxlaw-2799	1681	48	mandates	mandate	NOUN
taxlaw-2799	1681	49	,	,	PUNCT
taxlaw-2799	1681	50	it	it	PRON
taxlaw-2799	1681	51	would	would	AUX
taxlaw-2799	1681	52	be	be	AUX
taxlaw-2799	1681	53	an	an	DET
taxlaw-2799	1681	54	appropriate	appropriate	ADJ
taxlaw-2799	1681	55	exercise	exercise	NOUN
taxlaw-2799	1681	56	of	of	ADP
taxlaw-2799	1681	57	discretion	discretion	NOUN
taxlaw-2799	1681	58	on	on	ADP
taxlaw-2799	1681	59	the	the	DET
taxlaw-2799	1681	60	part	part	NOUN
taxlaw-2799	1681	61	of	of	ADP
taxlaw-2799	1681	62	the	the	DET
taxlaw-2799	1681	63	government	government	NOUN
taxlaw-2799	1681	64	to	to	PART
taxlaw-2799	1681	65	announce	announce	VERB
taxlaw-2799	1681	66	that	that	SCONJ
taxlaw-2799	1681	67	it	it	PRON
taxlaw-2799	1681	68	will	will	AUX
taxlaw-2799	1681	69	not	not	PART
taxlaw-2799	1681	70	,	,	PUNCT
taxlaw-2799	1681	71	except	except	SCONJ
taxlaw-2799	1681	72	in	in	ADP
taxlaw-2799	1681	73	cases	case	NOUN
taxlaw-2799	1681	74	of	of	ADP
taxlaw-2799	1681	75	abuse	abuse	NOUN
taxlaw-2799	1681	76	or	or	CCONJ
taxlaw-2799	1681	77	cases	case	NOUN
taxlaw-2799	1681	78	that	that	PRON
taxlaw-2799	1681	79	clearly	clearly	ADV
taxlaw-2799	1681	80	fall	fall	VERB
taxlaw-2799	1681	81	within	within	ADP
taxlaw-2799	1681	82	existing	exist	VERB
taxlaw-2799	1681	83	law	law	NOUN
taxlaw-2799	1681	84	,	,	PUNCT
taxlaw-2799	1681	85	require	require	VERB
taxlaw-2799	1681	86	taxpayers	taxpayer	NOUN
taxlaw-2799	1681	87	to	to	PART
taxlaw-2799	1681	88	treat	treat	VERB
taxlaw-2799	1681	89	an	an	DET
taxlaw-2799	1681	90	upfront	upfront	ADJ
taxlaw-2799	1681	91	payment	payment	NOUN
taxlaw-2799	1681	92	on	on	ADP
taxlaw-2799	1681	93	a	a	DET
taxlaw-2799	1681	94	cleared	clear	VERB
taxlaw-2799	1681	95	swap	swap	NOUN
taxlaw-2799	1681	96	as	as	ADP
taxlaw-2799	1681	97	a	a	DET
taxlaw-2799	1681	98	deemed	deemed	ADJ
taxlaw-2799	1681	99	loan	loan	NOUN
taxlaw-2799	1681	100	for	for	ADP
taxlaw-2799	1681	101	u.s	u.s	PROPN
taxlaw-2799	1681	102	.	.	PROPN
taxlaw-2799	1681	103	federal	federal	ADJ
taxlaw-2799	1681	104	income	income	NOUN
taxlaw-2799	1681	105	tax	tax	NOUN
taxlaw-2799	1681	106	purposes	purpose	NOUN
taxlaw-2799	1681	107	until	until	SCONJ
taxlaw-2799	1681	108	guidance	guidance	NOUN
taxlaw-2799	1681	109	is	be	AUX
taxlaw-2799	1681	110	issued	issue	VERB
taxlaw-2799	1681	111	that	that	SCONJ
taxlaw-2799	1681	112	resolves	resolve	VERB
taxlaw-2799	1681	113	these	these	DET
taxlaw-2799	1681	114	uncertainties	uncertainty	NOUN
taxlaw-2799	1681	115	.	.	PUNCT
taxlaw-2799	1682	1	a.	a.	NOUN
taxlaw-2799	1682	2	payment	payment	NOUN
taxlaw-2799	1682	3	issues	issue	NOUN
taxlaw-2799	1682	4	before	before	ADP
taxlaw-2799	1682	5	turning	turn	VERB
taxlaw-2799	1682	6	to	to	ADP
taxlaw-2799	1682	7	more	more	ADV
taxlaw-2799	1682	8	technical	technical	ADJ
taxlaw-2799	1682	9	issues	issue	NOUN
taxlaw-2799	1682	10	,	,	PUNCT
taxlaw-2799	1682	11	it	it	PRON
taxlaw-2799	1682	12	is	be	AUX
taxlaw-2799	1682	13	worth	worth	ADJ
taxlaw-2799	1682	14	stopping	stop	VERB
taxlaw-2799	1682	15	to	to	PART
taxlaw-2799	1682	16	consider	consider	VERB
taxlaw-2799	1682	17	whether	whether	SCONJ
taxlaw-2799	1682	18	as	as	ADP
taxlaw-2799	1682	19	a	a	DET
taxlaw-2799	1682	20	matter	matter	NOUN
taxlaw-2799	1682	21	of	of	ADP
taxlaw-2799	1682	22	economic	economic	ADJ
taxlaw-2799	1682	23	substance	substance	NOUN
taxlaw-2799	1682	24	the	the	DET
taxlaw-2799	1682	25	upfront	upfront	ADJ
taxlaw-2799	1682	26	payment	payment	NOUN
taxlaw-2799	1682	27	is	be	AUX
taxlaw-2799	1682	28	in	in	ADP
taxlaw-2799	1682	29	fact	fact	NOUN
taxlaw-2799	1682	30	a	a	DET
taxlaw-2799	1682	31	“	"	PUNCT
taxlaw-2799	1682	32	payment	payment	NOUN
taxlaw-2799	1682	33	”	"	PUNCT
taxlaw-2799	1682	34	at	at	ADV
taxlaw-2799	1682	35	all	all	ADV
taxlaw-2799	1682	36	for	for	ADP
taxlaw-2799	1682	37	u.s	u.s	PROPN
taxlaw-2799	1682	38	.	.	PROPN
taxlaw-2799	1682	39	federal	federal	ADJ
taxlaw-2799	1682	40	income	income	NOUN
taxlaw-2799	1682	41	tax	tax	NOUN
taxlaw-2799	1682	42	purposes	purpose	NOUN
taxlaw-2799	1682	43	.	.	PUNCT
taxlaw-2799	1683	1	while	while	SCONJ
taxlaw-2799	1683	2	this	this	DET
taxlaw-2799	1683	3	article	article	NOUN
taxlaw-2799	1683	4	does	do	AUX
taxlaw-2799	1683	5	not	not	PART
taxlaw-2799	1683	6	attempt	attempt	VERB
taxlaw-2799	1683	7	to	to	PART
taxlaw-2799	1683	8	assess	assess	VERB
taxlaw-2799	1683	9	how	how	SCONJ
taxlaw-2799	1683	10	the	the	DET
taxlaw-2799	1683	11	danielson	danielson	NOUN
taxlaw-2799	1683	12	doctrine	doctrine	NOUN
taxlaw-2799	1683	13	would	would	AUX
taxlaw-2799	1683	14	apply	apply	VERB
taxlaw-2799	1683	15	,	,	PUNCT
taxlaw-2799	1683	16	that	that	DET
taxlaw-2799	1683	17	question	question	NOUN
taxlaw-2799	1683	18	may	may	AUX
taxlaw-2799	1683	19	not	not	PART
taxlaw-2799	1683	20	be	be	AUX
taxlaw-2799	1683	21	determinative	determinative	ADJ
taxlaw-2799	1683	22	because	because	SCONJ
taxlaw-2799	1683	23	taxpayers	taxpayer	NOUN
taxlaw-2799	1683	24	may	may	AUX
taxlaw-2799	1683	25	be	be	AUX
taxlaw-2799	1683	26	held	hold	VERB
taxlaw-2799	1683	27	to	to	ADP
taxlaw-2799	1683	28	their	their	PRON
taxlaw-2799	1683	29	form	form	NOUN
taxlaw-2799	1683	30	,	,	PUNCT
taxlaw-2799	1683	31	if	if	SCONJ
taxlaw-2799	1683	32	adverse	adverse	ADJ
taxlaw-2799	1683	33	to	to	ADP
taxlaw-2799	1683	34	them.141	them.141	NUM
taxlaw-2799	1683	35	but	but	CCONJ
taxlaw-2799	1683	36	even	even	ADV
taxlaw-2799	1683	37	if	if	SCONJ
taxlaw-2799	1683	38	taxpayers	taxpayer	NOUN
taxlaw-2799	1683	39	are	be	AUX
taxlaw-2799	1683	40	held	hold	VERB
taxlaw-2799	1683	41	to	to	ADP
taxlaw-2799	1683	42	their	their	PRON
taxlaw-2799	1683	43	form	form	NOUN
taxlaw-2799	1683	44	here	here	ADV
taxlaw-2799	1683	45	,	,	PUNCT
taxlaw-2799	1683	46	this	this	DET
taxlaw-2799	1683	47	question	question	NOUN
taxlaw-2799	1683	48	is	be	AUX
taxlaw-2799	1683	49	still	still	ADV
taxlaw-2799	1683	50	worth	worth	ADJ
taxlaw-2799	1683	51	asking	ask	VERB
taxlaw-2799	1683	52	,	,	PUNCT
taxlaw-2799	1683	53	because	because	SCONJ
taxlaw-2799	1683	54	it	it	PRON
taxlaw-2799	1683	55	may	may	AUX
taxlaw-2799	1683	56	affect	affect	VERB
taxlaw-2799	1683	57	the	the	DET
taxlaw-2799	1683	58	equities	equity	NOUN
taxlaw-2799	1683	59	involved	involve	VERB
taxlaw-2799	1683	60	in	in	ADP
taxlaw-2799	1683	61	how	how	SCONJ
taxlaw-2799	1683	62	the	the	DET
taxlaw-2799	1683	63	government	government	NOUN
taxlaw-2799	1683	64	approaches	approach	VERB
taxlaw-2799	1683	65	the	the	DET
taxlaw-2799	1683	66	technical	technical	ADJ
taxlaw-2799	1683	67	questions	question	NOUN
taxlaw-2799	1683	68	discussed	discuss	VERB
taxlaw-2799	1683	69	below	below	ADV
taxlaw-2799	1683	70	,	,	PUNCT
taxlaw-2799	1683	71	and	and	CCONJ
taxlaw-2799	1683	72	because	because	SCONJ
taxlaw-2799	1683	73	it	it	PRON
taxlaw-2799	1683	74	also	also	ADV
taxlaw-2799	1683	75	is	be	AUX
taxlaw-2799	1683	76	highly	highly	ADV
taxlaw-2799	1683	77	relevant	relevant	ADJ
taxlaw-2799	1683	78	to	to	ADP
taxlaw-2799	1683	79	the	the	DET
taxlaw-2799	1683	80	§	§	PROPN
taxlaw-2799	1683	81	956	956	NUM
taxlaw-2799	1683	82	issue	issue	NOUN
taxlaw-2799	1683	83	mentioned	mention	VERB
taxlaw-2799	1683	84	above	above	ADV
taxlaw-2799	1683	85	.	.	PUNCT
taxlaw-2799	1684	1	the	the	DET
taxlaw-2799	1684	2	fact	fact	NOUN
taxlaw-2799	1684	3	that	that	SCONJ
taxlaw-2799	1684	4	in	in	ADP
taxlaw-2799	1684	5	this	this	DET
taxlaw-2799	1684	6	case	case	NOUN
taxlaw-2799	1684	7	taxpayers	taxpayer	NOUN
taxlaw-2799	1684	8	have	have	AUX
taxlaw-2799	1684	9	not	not	PART
taxlaw-2799	1684	10	chosen	choose	VERB
taxlaw-2799	1684	11	the	the	DET
taxlaw-2799	1684	12	form	form	NOUN
taxlaw-2799	1684	13	in	in	ADP
taxlaw-2799	1684	14	the	the	DET
taxlaw-2799	1684	15	usual	usual	ADJ
taxlaw-2799	1684	16	sense	sense	NOUN
taxlaw-2799	1684	17	,	,	PUNCT
taxlaw-2799	1684	18	but	but	CCONJ
taxlaw-2799	1684	19	rather	rather	ADV
taxlaw-2799	1684	20	it	it	PRON
taxlaw-2799	1684	21	is	be	AUX
taxlaw-2799	1684	22	the	the	DET
taxlaw-2799	1684	23	result	result	NOUN
taxlaw-2799	1684	24	of	of	ADP
taxlaw-2799	1684	25	guidance	guidance	NOUN
taxlaw-2799	1684	26	,	,	PUNCT
taxlaw-2799	1684	27	albeit	albeit	SCONJ
taxlaw-2799	1684	28	non	non	ADJ
taxlaw-2799	1684	29	-	-	ADJ
taxlaw-2799	1684	30	binding	binding	ADJ
taxlaw-2799	1684	31	to	to	ADP
taxlaw-2799	1684	32	date	date	NOUN
taxlaw-2799	1684	33	,	,	PUNCT
taxlaw-2799	1684	34	from	from	ADP
taxlaw-2799	1684	35	regulators	regulator	NOUN
taxlaw-2799	1684	36	also	also	ADV
taxlaw-2799	1684	37	may	may	AUX
taxlaw-2799	1684	38	affect	affect	VERB
taxlaw-2799	1684	39	the	the	DET
taxlaw-2799	1684	40	equities	equity	NOUN
taxlaw-2799	1684	41	.	.	PUNCT
taxlaw-2799	1685	1	as	as	SCONJ
taxlaw-2799	1685	2	described	describe	VERB
taxlaw-2799	1685	3	in	in	ADP
taxlaw-2799	1685	4	section	section	NOUN
taxlaw-2799	1685	5	ii.c	ii.c	NOUN
taxlaw-2799	1685	6	,	,	PUNCT
taxlaw-2799	1685	7	an	an	DET
taxlaw-2799	1685	8	upfront	upfront	ADJ
taxlaw-2799	1685	9	payment	payment	NOUN
taxlaw-2799	1685	10	on	on	ADP
taxlaw-2799	1685	11	a	a	DET
taxlaw-2799	1685	12	swap	swap	NOUN
taxlaw-2799	1685	13	due	due	ADJ
taxlaw-2799	1685	14	from	from	ADP
taxlaw-2799	1685	15	party	party	NOUN
taxlaw-2799	1685	16	a	a	PRON
taxlaw-2799	1685	17	to	to	ADP
taxlaw-2799	1685	18	party	party	PROPN
taxlaw-2799	1685	19	b	b	PROPN
taxlaw-2799	1685	20	is	be	AUX
taxlaw-2799	1685	21	immediately	immediately	ADV
taxlaw-2799	1685	22	and	and	CCONJ
taxlaw-2799	1685	23	automatically	automatically	ADV
taxlaw-2799	1685	24	reversed	reverse	VERB
taxlaw-2799	1685	25	as	as	ADP
taxlaw-2799	1685	26	a	a	DET
taxlaw-2799	1685	27	cash	cash	NOUN
taxlaw-2799	1685	28	flow	flow	NOUN
taxlaw-2799	1685	29	matter	matter	NOUN
taxlaw-2799	1685	30	by	by	ADP
taxlaw-2799	1685	31	a	a	DET
taxlaw-2799	1685	32	transfer	transfer	NOUN
taxlaw-2799	1685	33	of	of	ADP
taxlaw-2799	1685	34	cash	cash	NOUN
taxlaw-2799	1685	35	variation	variation	NOUN
taxlaw-2799	1685	36	margin	margin	NOUN
taxlaw-2799	1685	37	in	in	ADP
taxlaw-2799	1685	38	the	the	DET
taxlaw-2799	1685	39	same	same	ADJ
taxlaw-2799	1685	40	or	or	CCONJ
taxlaw-2799	1685	41	a	a	DET
taxlaw-2799	1685	42	very	very	ADV
taxlaw-2799	1685	43	similar	similar	ADJ
taxlaw-2799	1685	44	amount	amount	NOUN
taxlaw-2799	1685	45	from	from	ADP
taxlaw-2799	1685	46	party	party	PROPN
taxlaw-2799	1685	47	b	b	PROPN
taxlaw-2799	1685	48	to	to	ADP
taxlaw-2799	1685	49	party	party	NOUN
taxlaw-2799	1685	50	a.	a.	NOUN
taxlaw-2799	1685	51	this	this	PRON
taxlaw-2799	1685	52	is	be	AUX
taxlaw-2799	1685	53	not	not	PART
taxlaw-2799	1685	54	the	the	DET
taxlaw-2799	1685	55	result	result	NOUN
taxlaw-2799	1685	56	of	of	ADP
taxlaw-2799	1685	57	some	some	DET
taxlaw-2799	1685	58	tax	tax	NOUN
taxlaw-2799	1685	59	-	-	PUNCT
taxlaw-2799	1685	60	driven	drive	VERB
taxlaw-2799	1685	61	structured	structured	ADJ
taxlaw-2799	1685	62	arrangement	arrangement	NOUN
taxlaw-2799	1685	63	or	or	CCONJ
taxlaw-2799	1685	64	the	the	DET
taxlaw-2799	1685	65	result	result	NOUN
taxlaw-2799	1685	66	of	of	ADP
taxlaw-2799	1685	67	combining	combine	VERB
taxlaw-2799	1685	68	two	two	NUM
taxlaw-2799	1685	69	unrelated	unrelated	ADJ
taxlaw-2799	1685	70	or	or	CCONJ
taxlaw-2799	1685	71	loosely	loosely	ADV
taxlaw-2799	1685	72	related	relate	VERB
taxlaw-2799	1685	73	transactions	transaction	NOUN
taxlaw-2799	1685	74	.	.	PUNCT
taxlaw-2799	1686	1	rather	rather	ADV
taxlaw-2799	1686	2	,	,	PUNCT
taxlaw-2799	1686	3	it	it	PRON
taxlaw-2799	1686	4	is	be	AUX
taxlaw-2799	1686	5	inherent	inherent	ADJ
taxlaw-2799	1686	6	in	in	ADP
taxlaw-2799	1686	7	the	the	DET
taxlaw-2799	1686	8	economics	economic	NOUN
taxlaw-2799	1686	9	of	of	ADP
taxlaw-2799	1686	10	the	the	DET
taxlaw-2799	1686	11	transaction	transaction	NOUN
taxlaw-2799	1686	12	and	and	CCONJ
taxlaw-2799	1686	13	in	in	ADP
taxlaw-2799	1686	14	the	the	DET
taxlaw-2799	1686	15	fundamentals	fundamental	NOUN
taxlaw-2799	1686	16	of	of	ADP
taxlaw-2799	1686	17	the	the	DET
taxlaw-2799	1686	18	structure	structure	NOUN
taxlaw-2799	1686	19	developed	develop	VERB
taxlaw-2799	1686	20	by	by	ADP
taxlaw-2799	1686	21	the	the	DET
taxlaw-2799	1686	22	industry	industry	NOUN
taxlaw-2799	1686	23	in	in	ADP
taxlaw-2799	1686	24	response	response	NOUN
taxlaw-2799	1686	25	to	to	ADP
taxlaw-2799	1686	26	regulatory	regulatory	ADJ
taxlaw-2799	1686	27	imperatives	imperative	NOUN
taxlaw-2799	1686	28	in	in	ADP
taxlaw-2799	1686	29	order	order	NOUN
taxlaw-2799	1686	30	to	to	PART
taxlaw-2799	1686	31	reduce	reduce	VERB
taxlaw-2799	1686	32	and	and	CCONJ
taxlaw-2799	1686	33	manage	manage	VERB
taxlaw-2799	1686	34	risk	risk	NOUN
taxlaw-2799	1686	35	.	.	PUNCT
taxlaw-2799	1687	1	the	the	DET
taxlaw-2799	1687	2	amounts	amount	NOUN
taxlaw-2799	1687	3	are	be	AUX
taxlaw-2799	1687	4	the	the	DET
taxlaw-2799	1687	5	same	same	ADJ
taxlaw-2799	1687	6	because	because	SCONJ
taxlaw-2799	1687	7	one	one	NUM
taxlaw-2799	1687	8	is	be	AUX
taxlaw-2799	1687	9	intended	intend	VERB
taxlaw-2799	1687	10	to	to	PART
taxlaw-2799	1687	11	offset	offset	VERB
taxlaw-2799	1687	12	the	the	DET
taxlaw-2799	1687	13	other	other	ADJ
taxlaw-2799	1687	14	as	as	ADP
taxlaw-2799	1687	15	a	a	DET
taxlaw-2799	1687	16	credit	credit	NOUN
taxlaw-2799	1687	17	risk	risk	NOUN
taxlaw-2799	1687	18	matter	matter	NOUN
taxlaw-2799	1687	19	.	.	PUNCT
taxlaw-2799	1688	1	in	in	ADP
taxlaw-2799	1688	2	other	other	ADJ
taxlaw-2799	1688	3	contexts	contexts	NOUN
taxlaw-2799	1688	4	,	,	PUNCT
taxlaw-2799	1688	5	one	one	PRON
taxlaw-2799	1688	6	would	would	AUX
taxlaw-2799	1688	7	not	not	PART
taxlaw-2799	1688	8	doubt	doubt	VERB
taxlaw-2799	1688	9	that	that	SCONJ
taxlaw-2799	1688	10	a	a	DET
taxlaw-2799	1688	11	circular	circular	ADJ
taxlaw-2799	1688	12	flow	flow	NOUN
taxlaw-2799	1688	13	of	of	ADP
taxlaw-2799	1688	14	cash	cash	NOUN
taxlaw-2799	1688	15	,	,	PUNCT
taxlaw-2799	1688	16	envisioned	envision	VERB
taxlaw-2799	1688	17	by	by	ADP
taxlaw-2799	1688	18	the	the	DET
taxlaw-2799	1688	19	parties	party	NOUN
taxlaw-2799	1688	20	and	and	CCONJ
taxlaw-2799	1688	21	required	require	VERB
taxlaw-2799	1688	22	by	by	ADP
taxlaw-2799	1688	23	the	the	DET
taxlaw-2799	1688	24	legal	legal	ADJ
taxlaw-2799	1688	25	141	141	NUM
taxlaw-2799	1688	26	see	see	NOUN
taxlaw-2799	1688	27	comm’r	comm’r	NOUN
taxlaw-2799	1688	28	v.	v.	ADP
taxlaw-2799	1688	29	danielson	danielson	NOUN
taxlaw-2799	1688	30	,	,	PUNCT
taxlaw-2799	1688	31	378	378	NUM
taxlaw-2799	1688	32	f.2d	f.2d	NOUN
taxlaw-2799	1688	33	771	771	NUM
taxlaw-2799	1688	34	(	(	PUNCT
taxlaw-2799	1688	35	3d	3d	PROPN
taxlaw-2799	1688	36	cir	cir	NOUN
taxlaw-2799	1688	37	.	.	PROPN
taxlaw-2799	1688	38	1967	1967	NUM
taxlaw-2799	1688	39	)	)	PUNCT
taxlaw-2799	1688	40	.	.	PUNCT
taxlaw-2799	1689	1	the	the	DET
taxlaw-2799	1689	2	danielson	danielson	PROPN
taxlaw-2799	1689	3	case	case	NOUN
taxlaw-2799	1689	4	generally	generally	ADV
taxlaw-2799	1689	5	stands	stand	VERB
taxlaw-2799	1689	6	for	for	ADP
taxlaw-2799	1689	7	the	the	DET
taxlaw-2799	1689	8	proposition	proposition	NOUN
taxlaw-2799	1689	9	that	that	SCONJ
taxlaw-2799	1689	10	taxpayers	taxpayer	NOUN
taxlaw-2799	1689	11	will	will	AUX
taxlaw-2799	1689	12	be	be	AUX
taxlaw-2799	1689	13	held	hold	VERB
taxlaw-2799	1689	14	to	to	ADP
taxlaw-2799	1689	15	the	the	DET
taxlaw-2799	1689	16	form	form	NOUN
taxlaw-2799	1689	17	they	they	PRON
taxlaw-2799	1689	18	have	have	AUX
taxlaw-2799	1689	19	chosen	choose	VERB
taxlaw-2799	1689	20	,	,	PUNCT
taxlaw-2799	1689	21	absent	absent	ADJ
taxlaw-2799	1689	22	proof	proof	NOUN
taxlaw-2799	1689	23	that	that	SCONJ
taxlaw-2799	1689	24	a	a	DET
taxlaw-2799	1689	25	different	different	ADJ
taxlaw-2799	1689	26	treatment	treatment	NOUN
taxlaw-2799	1689	27	is	be	AUX
taxlaw-2799	1689	28	more	more	ADV
taxlaw-2799	1689	29	appropriate	appropriate	ADJ
taxlaw-2799	1689	30	.	.	PUNCT
taxlaw-2799	1690	1	the	the	DET
taxlaw-2799	1690	2	level	level	NOUN
taxlaw-2799	1690	3	of	of	ADP
taxlaw-2799	1690	4	proof	proof	NOUN
taxlaw-2799	1690	5	required	require	VERB
taxlaw-2799	1690	6	varies	varie	NOUN
taxlaw-2799	1690	7	in	in	ADP
taxlaw-2799	1690	8	different	different	ADJ
taxlaw-2799	1690	9	circuits	circuit	NOUN
taxlaw-2799	1690	10	.	.	PUNCT
taxlaw-2799	1691	1	84	84	NUM
taxlaw-2799	1691	2	columbia	columbia	PROPN
taxlaw-2799	1691	3	jour	jour	PROPN
taxlaw-2799	1691	4	al	al	PROPN
taxlaw-2799	1691	5	of	of	ADP
taxlaw-2799	1691	6	tax	tax	NOUN
taxlaw-2799	1691	7	law	law	NOUN
taxlaw-2799	1691	8	[	[	X
taxlaw-2799	1691	9	vol	vol	NOUN
taxlaw-2799	1691	10	.	.	NOUN
taxlaw-2799	1691	11	2:1	2:1	NUM
taxlaw-2799	1691	12	documents	document	NOUN
taxlaw-2799	1691	13	,	,	PUNCT
taxlaw-2799	1691	14	would	would	AUX
taxlaw-2799	1691	15	be	be	AUX
taxlaw-2799	1691	16	ignored	ignore	VERB
taxlaw-2799	1691	17	for	for	ADP
taxlaw-2799	1691	18	u.s	u.s	PROPN
taxlaw-2799	1691	19	.	.	PROPN
taxlaw-2799	1691	20	federal	federal	ADJ
taxlaw-2799	1691	21	income	income	NOUN
taxlaw-2799	1691	22	tax	tax	NOUN
taxlaw-2799	1691	23	purposes	purpose	NOUN
taxlaw-2799	1691	24	,	,	PUNCT
taxlaw-2799	1691	25	even	even	ADV
taxlaw-2799	1691	26	if	if	SCONJ
taxlaw-2799	1691	27	it	it	PRON
taxlaw-2799	1691	28	were	be	AUX
taxlaw-2799	1691	29	respected	respect	VERB
taxlaw-2799	1691	30	for	for	ADP
taxlaw-2799	1691	31	some	some	DET
taxlaw-2799	1691	32	other	other	ADJ
taxlaw-2799	1691	33	purposes	purpose	NOUN
taxlaw-2799	1691	34	such	such	ADJ
taxlaw-2799	1691	35	as	as	ADP
taxlaw-2799	1691	36	a	a	DET
taxlaw-2799	1691	37	foreign	foreign	ADJ
taxlaw-2799	1691	38	tax	tax	NOUN
taxlaw-2799	1691	39	regime	regime	NOUN
taxlaw-2799	1691	40	.	.	PUNCT
taxlaw-2799	1692	1	this	this	PRON
taxlaw-2799	1692	2	is	be	AUX
taxlaw-2799	1692	3	not	not	PART
taxlaw-2799	1692	4	a	a	DET
taxlaw-2799	1692	5	typical	typical	ADJ
taxlaw-2799	1692	6	(	(	PUNCT
taxlaw-2799	1692	7	if	if	SCONJ
taxlaw-2799	1692	8	there	there	PRON
taxlaw-2799	1692	9	is	be	VERB
taxlaw-2799	1692	10	such	such	DET
taxlaw-2799	1692	11	a	a	DET
taxlaw-2799	1692	12	thing	thing	NOUN
taxlaw-2799	1692	13	)	)	PUNCT
taxlaw-2799	1692	14	circular	circular	ADJ
taxlaw-2799	1692	15	flow	flow	NOUN
taxlaw-2799	1692	16	of	of	ADP
taxlaw-2799	1692	17	cash	cash	NOUN
taxlaw-2799	1692	18	,	,	PUNCT
taxlaw-2799	1692	19	however	however	ADV
taxlaw-2799	1692	20	.	.	PUNCT
taxlaw-2799	1693	1	the	the	DET
taxlaw-2799	1693	2	initial	initial	ADJ
taxlaw-2799	1693	3	variation	variation	NOUN
taxlaw-2799	1693	4	margin	margin	NOUN
taxlaw-2799	1693	5	is	be	AUX
taxlaw-2799	1693	6	a	a	DET
taxlaw-2799	1693	7	posting	posting	NOUN
taxlaw-2799	1693	8	of	of	ADP
taxlaw-2799	1693	9	collateral	collateral	NOUN
taxlaw-2799	1693	10	,	,	PUNCT
taxlaw-2799	1693	11	which	which	PRON
taxlaw-2799	1693	12	ordinarily	ordinarily	ADV
taxlaw-2799	1693	13	is	be	AUX
taxlaw-2799	1693	14	not	not	PART
taxlaw-2799	1693	15	treated	treat	VERB
taxlaw-2799	1693	16	as	as	ADP
taxlaw-2799	1693	17	a	a	DET
taxlaw-2799	1693	18	contractual	contractual	ADJ
taxlaw-2799	1693	19	payment	payment	NOUN
taxlaw-2799	1693	20	.	.	PUNCT
taxlaw-2799	1694	1	rather	rather	ADV
taxlaw-2799	1694	2	,	,	PUNCT
taxlaw-2799	1694	3	it	it	PRON
taxlaw-2799	1694	4	is	be	AUX
taxlaw-2799	1694	5	a	a	DET
taxlaw-2799	1694	6	temporary	temporary	ADJ
taxlaw-2799	1694	7	transfer	transfer	NOUN
taxlaw-2799	1694	8	of	of	ADP
taxlaw-2799	1694	9	assets	asset	NOUN
taxlaw-2799	1694	10	from	from	ADP
taxlaw-2799	1694	11	one	one	NUM
taxlaw-2799	1694	12	party	party	NOUN
taxlaw-2799	1694	13	to	to	ADP
taxlaw-2799	1694	14	another	another	PRON
taxlaw-2799	1694	15	that	that	PRON
taxlaw-2799	1694	16	is	be	AUX
taxlaw-2799	1694	17	provided	provide	VERB
taxlaw-2799	1694	18	solely	solely	ADV
taxlaw-2799	1694	19	for	for	ADP
taxlaw-2799	1694	20	credit	credit	NOUN
taxlaw-2799	1694	21	support	support	NOUN
taxlaw-2799	1694	22	reasons	reason	NOUN
taxlaw-2799	1694	23	and	and	CCONJ
taxlaw-2799	1694	24	is	be	AUX
taxlaw-2799	1694	25	expected	expect	VERB
taxlaw-2799	1694	26	to	to	PART
taxlaw-2799	1694	27	be	be	AUX
taxlaw-2799	1694	28	reversed	reverse	VERB
taxlaw-2799	1694	29	during	during	ADP
taxlaw-2799	1694	30	the	the	DET
taxlaw-2799	1694	31	course	course	NOUN
taxlaw-2799	1694	32	of	of	ADP
taxlaw-2799	1694	33	the	the	DET
taxlaw-2799	1694	34	transaction	transaction	NOUN
taxlaw-2799	1694	35	.	.	PUNCT
taxlaw-2799	1695	1	it	it	PRON
taxlaw-2799	1695	2	is	be	AUX
taxlaw-2799	1695	3	economically	economically	ADV
taxlaw-2799	1695	4	a	a	DET
taxlaw-2799	1695	5	loan	loan	NOUN
taxlaw-2799	1695	6	.	.	PUNCT
taxlaw-2799	1696	1	thus	thus	ADV
taxlaw-2799	1696	2	,	,	PUNCT
taxlaw-2799	1696	3	if	if	SCONJ
taxlaw-2799	1696	4	one	one	NUM
taxlaw-2799	1696	5	treated	treat	VERB
taxlaw-2799	1696	6	an	an	DET
taxlaw-2799	1696	7	upfront	upfront	ADJ
taxlaw-2799	1696	8	payment	payment	NOUN
taxlaw-2799	1696	9	as	as	ADP
taxlaw-2799	1696	10	giving	give	VERB
taxlaw-2799	1696	11	rise	rise	NOUN
taxlaw-2799	1696	12	to	to	ADP
taxlaw-2799	1696	13	a	a	DET
taxlaw-2799	1696	14	deemed	deem	VERB
taxlaw-2799	1696	15	loan	loan	NOUN
taxlaw-2799	1696	16	from	from	ADP
taxlaw-2799	1696	17	party	party	PROPN
taxlaw-2799	1696	18	a	a	PRON
taxlaw-2799	1696	19	to	to	ADP
taxlaw-2799	1696	20	party	party	PROPN
taxlaw-2799	1696	21	b	b	PROPN
taxlaw-2799	1696	22	,	,	PUNCT
taxlaw-2799	1696	23	and	and	CCONJ
taxlaw-2799	1696	24	the	the	DET
taxlaw-2799	1696	25	variation	variation	NOUN
taxlaw-2799	1696	26	margin	margin	NOUN
taxlaw-2799	1696	27	as	as	ADP
taxlaw-2799	1696	28	a	a	DET
taxlaw-2799	1696	29	loan	loan	NOUN
taxlaw-2799	1696	30	in	in	ADP
taxlaw-2799	1696	31	an	an	DET
taxlaw-2799	1696	32	equivalent	equivalent	ADJ
taxlaw-2799	1696	33	amount	amount	NOUN
taxlaw-2799	1696	34	from	from	ADP
taxlaw-2799	1696	35	party	party	PROPN
taxlaw-2799	1696	36	b	b	PROPN
taxlaw-2799	1696	37	to	to	PART
taxlaw-2799	1696	38	party	party	VERB
taxlaw-2799	1696	39	a	a	PRON
taxlaw-2799	1696	40	,	,	PUNCT
taxlaw-2799	1696	41	the	the	DET
taxlaw-2799	1696	42	question	question	NOUN
taxlaw-2799	1696	43	would	would	AUX
taxlaw-2799	1696	44	be	be	AUX
taxlaw-2799	1696	45	whether	whether	SCONJ
taxlaw-2799	1696	46	,	,	PUNCT
taxlaw-2799	1696	47	in	in	ADP
taxlaw-2799	1696	48	the	the	DET
taxlaw-2799	1696	49	absence	absence	NOUN
taxlaw-2799	1696	50	of	of	ADP
taxlaw-2799	1696	51	abuse	abuse	NOUN
taxlaw-2799	1696	52	,	,	PUNCT
taxlaw-2799	1696	53	these	these	DET
taxlaw-2799	1696	54	offsetting	offset	VERB
taxlaw-2799	1696	55	loans	loan	NOUN
taxlaw-2799	1696	56	between	between	ADP
taxlaw-2799	1696	57	the	the	DET
taxlaw-2799	1696	58	same	same	ADJ
taxlaw-2799	1696	59	parties	party	NOUN
taxlaw-2799	1696	60	,	,	PUNCT
taxlaw-2799	1696	61	made	make	VERB
taxlaw-2799	1696	62	at	at	ADP
taxlaw-2799	1696	63	the	the	DET
taxlaw-2799	1696	64	same	same	ADJ
taxlaw-2799	1696	65	time	time	NOUN
taxlaw-2799	1696	66	and	and	CCONJ
taxlaw-2799	1696	67	as	as	ADP
taxlaw-2799	1696	68	integral	integral	ADJ
taxlaw-2799	1696	69	parts	part	NOUN
taxlaw-2799	1696	70	of	of	ADP
taxlaw-2799	1696	71	the	the	DET
taxlaw-2799	1696	72	same	same	ADJ
taxlaw-2799	1696	73	transaction	transaction	NOUN
taxlaw-2799	1696	74	,	,	PUNCT
taxlaw-2799	1696	75	should	should	AUX
taxlaw-2799	1696	76	be	be	AUX
taxlaw-2799	1696	77	respected	respect	VERB
taxlaw-2799	1696	78	as	as	ADP
taxlaw-2799	1696	79	such	such	ADJ
taxlaw-2799	1696	80	or	or	CCONJ
taxlaw-2799	1696	81	should	should	AUX
taxlaw-2799	1696	82	be	be	AUX
taxlaw-2799	1696	83	netted	net	VERB
taxlaw-2799	1696	84	against	against	ADP
taxlaw-2799	1696	85	each	each	DET
taxlaw-2799	1696	86	other	other	ADJ
taxlaw-2799	1696	87	.	.	PUNCT
taxlaw-2799	1697	1	another	another	DET
taxlaw-2799	1697	2	way	way	NOUN
taxlaw-2799	1697	3	to	to	PART
taxlaw-2799	1697	4	put	put	VERB
taxlaw-2799	1697	5	the	the	DET
taxlaw-2799	1697	6	question	question	NOUN
taxlaw-2799	1697	7	is	be	AUX
taxlaw-2799	1697	8	whether	whether	SCONJ
taxlaw-2799	1697	9	a	a	DET
taxlaw-2799	1697	10	100	100	NUM
taxlaw-2799	1697	11	percent	percent	NOUN
taxlaw-2799	1697	12	cash	cash	NOUN
taxlaw-2799	1697	13	collateralized	collateralize	VERB
taxlaw-2799	1697	14	loan	loan	NOUN
taxlaw-2799	1697	15	gives	give	VERB
taxlaw-2799	1697	16	rise	rise	NOUN
taxlaw-2799	1697	17	to	to	ADP
taxlaw-2799	1697	18	indebtedness	indebtedness	NOUN
taxlaw-2799	1697	19	for	for	ADP
taxlaw-2799	1697	20	u.s	u.s	PROPN
taxlaw-2799	1697	21	.	.	PROPN
taxlaw-2799	1697	22	federal	federal	ADJ
taxlaw-2799	1697	23	income	income	NOUN
taxlaw-2799	1697	24	tax	tax	NOUN
taxlaw-2799	1697	25	purposes	purpose	NOUN
taxlaw-2799	1697	26	,	,	PUNCT
taxlaw-2799	1697	27	in	in	ADP
taxlaw-2799	1697	28	view	view	NOUN
taxlaw-2799	1697	29	of	of	ADP
taxlaw-2799	1697	30	the	the	DET
taxlaw-2799	1697	31	fact	fact	NOUN
taxlaw-2799	1697	32	that	that	SCONJ
taxlaw-2799	1697	33	there	there	PRON
taxlaw-2799	1697	34	has	have	AUX
taxlaw-2799	1697	35	been	be	AUX
taxlaw-2799	1697	36	no	no	DET
taxlaw-2799	1697	37	extension	extension	NOUN
taxlaw-2799	1697	38	of	of	ADP
taxlaw-2799	1697	39	credit	credit	NOUN
taxlaw-2799	1697	40	.	.	PUNCT
taxlaw-2799	1698	1	one	one	NUM
taxlaw-2799	1698	2	relevant	relevant	ADJ
taxlaw-2799	1698	3	consideration	consideration	NOUN
taxlaw-2799	1698	4	might	might	AUX
taxlaw-2799	1698	5	be	be	AUX
taxlaw-2799	1698	6	that	that	SCONJ
taxlaw-2799	1698	7	if	if	SCONJ
taxlaw-2799	1698	8	the	the	DET
taxlaw-2799	1698	9	two	two	NUM
taxlaw-2799	1698	10	flows	flow	NOUN
taxlaw-2799	1698	11	of	of	ADP
taxlaw-2799	1698	12	cash	cash	NOUN
taxlaw-2799	1698	13	were	be	AUX
taxlaw-2799	1698	14	disregarded	disregard	VERB
taxlaw-2799	1698	15	for	for	ADP
taxlaw-2799	1698	16	tax	tax	NOUN
taxlaw-2799	1698	17	purposes	purpose	NOUN
taxlaw-2799	1698	18	,	,	PUNCT
taxlaw-2799	1698	19	the	the	DET
taxlaw-2799	1698	20	swap	swap	NOUN
taxlaw-2799	1698	21	would	would	AUX
taxlaw-2799	1698	22	in	in	ADP
taxlaw-2799	1698	23	the	the	DET
taxlaw-2799	1698	24	first	first	ADJ
taxlaw-2799	1698	25	instance	instance	NOUN
taxlaw-2799	1698	26	appear	appear	VERB
taxlaw-2799	1698	27	to	to	PART
taxlaw-2799	1698	28	be	be	AUX
taxlaw-2799	1698	29	off	off	ADP
taxlaw-2799	1698	30	-	-	PUNCT
taxlaw-2799	1698	31	market	market	NOUN
taxlaw-2799	1698	32	.	.	PUNCT
taxlaw-2799	1699	1	for	for	ADP
taxlaw-2799	1699	2	example	example	NOUN
taxlaw-2799	1699	3	,	,	PUNCT
taxlaw-2799	1699	4	if	if	SCONJ
taxlaw-2799	1699	5	the	the	DET
taxlaw-2799	1699	6	market	market	NOUN
taxlaw-2799	1699	7	quoted	quote	VERB
taxlaw-2799	1699	8	level	level	NOUN
taxlaw-2799	1699	9	for	for	ADP
taxlaw-2799	1699	10	an	an	DET
taxlaw-2799	1699	11	interest	interest	NOUN
taxlaw-2799	1699	12	rate	rate	NOUN
taxlaw-2799	1699	13	swap	swap	NOUN
taxlaw-2799	1699	14	is	be	AUX
taxlaw-2799	1699	15	6	6	NUM
taxlaw-2799	1699	16	percent	percent	NOUN
taxlaw-2799	1699	17	,	,	PUNCT
taxlaw-2799	1699	18	but	but	CCONJ
taxlaw-2799	1699	19	the	the	DET
taxlaw-2799	1699	20	parties	party	NOUN
taxlaw-2799	1699	21	enter	enter	VERB
taxlaw-2799	1699	22	into	into	ADP
taxlaw-2799	1699	23	an	an	DET
taxlaw-2799	1699	24	interest	interest	NOUN
taxlaw-2799	1699	25	rate	rate	NOUN
taxlaw-2799	1699	26	swap	swap	NOUN
taxlaw-2799	1699	27	with	with	ADP
taxlaw-2799	1699	28	a	a	DET
taxlaw-2799	1699	29	5	5	NUM
taxlaw-2799	1699	30	percent	percent	NOUN
taxlaw-2799	1699	31	coupon	coupon	NOUN
taxlaw-2799	1699	32	,	,	PUNCT
taxlaw-2799	1699	33	and	and	CCONJ
taxlaw-2799	1699	34	party	party	NOUN
taxlaw-2799	1699	35	a	a	PRON
taxlaw-2799	1699	36	consequently	consequently	ADV
taxlaw-2799	1699	37	pays	pay	VERB
taxlaw-2799	1699	38	a	a	DET
taxlaw-2799	1699	39	$	$	SYM
taxlaw-2799	1699	40	4,210,000	4,210,000	NUM
taxlaw-2799	1699	41	upfront	upfront	ADJ
taxlaw-2799	1699	42	payment	payment	NOUN
taxlaw-2799	1699	43	to	to	ADP
taxlaw-2799	1699	44	party	party	PROPN
taxlaw-2799	1699	45	b	b	PROPN
taxlaw-2799	1699	46	and	and	CCONJ
taxlaw-2799	1699	47	receives	receive	VERB
taxlaw-2799	1699	48	initial	initial	ADJ
taxlaw-2799	1699	49	variation	variation	NOUN
taxlaw-2799	1699	50	margin	margin	NOUN
taxlaw-2799	1699	51	from	from	ADP
taxlaw-2799	1699	52	party	party	PROPN
taxlaw-2799	1699	53	b	b	PROPN
taxlaw-2799	1699	54	in	in	ADP
taxlaw-2799	1699	55	the	the	DET
taxlaw-2799	1699	56	same	same	ADJ
taxlaw-2799	1699	57	amount	amount	NOUN
taxlaw-2799	1699	58	,	,	PUNCT
taxlaw-2799	1699	59	disregarding	disregard	VERB
taxlaw-2799	1699	60	the	the	DET
taxlaw-2799	1699	61	two	two	NUM
taxlaw-2799	1699	62	cash	cash	NOUN
taxlaw-2799	1699	63	flows	flow	NOUN
taxlaw-2799	1699	64	of	of	ADP
taxlaw-2799	1699	65	$	$	SYM
taxlaw-2799	1699	66	4,210,000	4,210,000	NUM
taxlaw-2799	1699	67	leaves	leave	VERB
taxlaw-2799	1699	68	an	an	DET
taxlaw-2799	1699	69	interest	interest	NOUN
taxlaw-2799	1699	70	rate	rate	NOUN
taxlaw-2799	1699	71	swap	swap	NOUN
taxlaw-2799	1699	72	whose	whose	DET
taxlaw-2799	1699	73	terms	term	NOUN
taxlaw-2799	1699	74	provide	provide	VERB
taxlaw-2799	1699	75	for	for	ADP
taxlaw-2799	1699	76	off	off	ADP
taxlaw-2799	1699	77	-	-	PUNCT
taxlaw-2799	1699	78	market	market	NOUN
taxlaw-2799	1699	79	coupon	coupon	NOUN
taxlaw-2799	1699	80	payments	payment	NOUN
taxlaw-2799	1699	81	of	of	ADP
taxlaw-2799	1699	82	5	5	NUM
taxlaw-2799	1699	83	percent	percent	NOUN
taxlaw-2799	1699	84	.	.	PUNCT
taxlaw-2799	1700	1	however	however	ADV
taxlaw-2799	1700	2	,	,	PUNCT
taxlaw-2799	1700	3	that	that	DET
taxlaw-2799	1700	4	swap	swap	NOUN
taxlaw-2799	1700	5	is	be	AUX
taxlaw-2799	1700	6	only	only	ADV
taxlaw-2799	1700	7	apparently	apparently	ADV
taxlaw-2799	1700	8	off	off	ADP
taxlaw-2799	1700	9	-	-	PUNCT
taxlaw-2799	1700	10	market	market	NOUN
taxlaw-2799	1700	11	,	,	PUNCT
taxlaw-2799	1700	12	because	because	SCONJ
taxlaw-2799	1700	13	there	there	PRON
taxlaw-2799	1700	14	is	be	VERB
taxlaw-2799	1700	15	another	another	DET
taxlaw-2799	1700	16	cash	cash	NOUN
taxlaw-2799	1700	17	flow	flow	NOUN
taxlaw-2799	1700	18	that	that	PRON
taxlaw-2799	1700	19	has	have	AUX
taxlaw-2799	1700	20	not	not	PART
taxlaw-2799	1700	21	yet	yet	ADV
taxlaw-2799	1700	22	been	be	AUX
taxlaw-2799	1700	23	taken	take	VERB
taxlaw-2799	1700	24	into	into	ADP
taxlaw-2799	1700	25	account	account	NOUN
taxlaw-2799	1700	26	.	.	PUNCT
taxlaw-2799	1701	1	the	the	DET
taxlaw-2799	1701	2	variation	variation	NOUN
taxlaw-2799	1701	3	margin	margin	NOUN
taxlaw-2799	1701	4	provided	provide	VERB
taxlaw-2799	1701	5	by	by	ADP
taxlaw-2799	1701	6	party	party	PROPN
taxlaw-2799	1701	7	b	b	PROPN
taxlaw-2799	1701	8	will	will	AUX
taxlaw-2799	1701	9	be	be	AUX
taxlaw-2799	1701	10	marked	mark	VERB
taxlaw-2799	1701	11	to	to	PART
taxlaw-2799	1701	12	market	market	VERB
taxlaw-2799	1701	13	on	on	ADP
taxlaw-2799	1701	14	a	a	DET
taxlaw-2799	1701	15	daily	daily	ADJ
taxlaw-2799	1701	16	basis	basis	NOUN
taxlaw-2799	1701	17	going	go	VERB
taxlaw-2799	1701	18	forward	forward	ADV
taxlaw-2799	1701	19	,	,	PUNCT
taxlaw-2799	1701	20	and	and	CCONJ
taxlaw-2799	1701	21	will	will	AUX
taxlaw-2799	1701	22	be	be	AUX
taxlaw-2799	1701	23	paid	pay	VERB
taxlaw-2799	1701	24	back	back	ADV
taxlaw-2799	1701	25	to	to	ADP
taxlaw-2799	1701	26	party	party	PROPN
taxlaw-2799	1701	27	b	b	PROPN
taxlaw-2799	1701	28	over	over	ADP
taxlaw-2799	1701	29	time	time	NOUN
taxlaw-2799	1701	30	.	.	PUNCT
taxlaw-2799	1702	1	these	these	DET
taxlaw-2799	1702	2	daily	daily	ADJ
taxlaw-2799	1702	3	margin	margin	NOUN
taxlaw-2799	1702	4	payments	payment	NOUN
taxlaw-2799	1702	5	are	be	AUX
taxlaw-2799	1702	6	“	"	PUNCT
taxlaw-2799	1702	7	real	real	ADJ
taxlaw-2799	1702	8	,	,	PUNCT
taxlaw-2799	1702	9	”	"	PUNCT
taxlaw-2799	1702	10	in	in	ADP
taxlaw-2799	1702	11	the	the	DET
taxlaw-2799	1702	12	sense	sense	NOUN
taxlaw-2799	1702	13	that	that	SCONJ
taxlaw-2799	1702	14	over	over	ADP
taxlaw-2799	1702	15	time	time	NOUN
taxlaw-2799	1702	16	they	they	PRON
taxlaw-2799	1702	17	will	will	AUX
taxlaw-2799	1702	18	cause	cause	VERB
taxlaw-2799	1702	19	party	party	NOUN
taxlaw-2799	1702	20	a	a	PRON
taxlaw-2799	1702	21	to	to	PART
taxlaw-2799	1702	22	pay	pay	VERB
taxlaw-2799	1702	23	the	the	DET
taxlaw-2799	1702	24	economic	economic	ADJ
taxlaw-2799	1702	25	equivalent	equivalent	NOUN
taxlaw-2799	1702	26	of	of	ADP
taxlaw-2799	1702	27	$	$	SYM
taxlaw-2799	1702	28	4,210,000	4,210,000	NUM
taxlaw-2799	1702	29	to	to	ADP
taxlaw-2799	1702	30	party	party	PROPN
taxlaw-2799	1702	31	b.	b.	PROPN
taxlaw-2799	1702	32	economically	economically	ADV
taxlaw-2799	1702	33	speaking	speak	VERB
taxlaw-2799	1702	34	,	,	PUNCT
taxlaw-2799	1702	35	therefore	therefore	ADV
taxlaw-2799	1702	36	,	,	PUNCT
taxlaw-2799	1702	37	the	the	DET
taxlaw-2799	1702	38	periodic	periodic	ADJ
taxlaw-2799	1702	39	payments	payment	NOUN
taxlaw-2799	1702	40	that	that	PRON
taxlaw-2799	1702	41	party	party	VERB
taxlaw-2799	1702	42	a	a	DET
taxlaw-2799	1702	43	makes	make	NOUN
taxlaw-2799	1702	44	to	to	PART
taxlaw-2799	1702	45	party	party	VERB
taxlaw-2799	1702	46	b	b	NOUN
taxlaw-2799	1702	47	would	would	AUX
taxlaw-2799	1702	48	seem	seem	VERB
taxlaw-2799	1702	49	to	to	PART
taxlaw-2799	1702	50	be	be	AUX
taxlaw-2799	1702	51	the	the	DET
taxlaw-2799	1702	52	equivalent	equivalent	NOUN
taxlaw-2799	1702	53	of	of	ADP
taxlaw-2799	1702	54	a	a	DET
taxlaw-2799	1702	55	coupon	coupon	NOUN
taxlaw-2799	1702	56	that	that	PRON
taxlaw-2799	1702	57	is	be	AUX
taxlaw-2799	1702	58	partly	partly	ADV
taxlaw-2799	1702	59	fixed	fix	VERB
taxlaw-2799	1702	60	and	and	CCONJ
taxlaw-2799	1702	61	partly	partly	ADV
taxlaw-2799	1702	62	floating	float	VERB
taxlaw-2799	1702	63	,	,	PUNCT
taxlaw-2799	1702	64	with	with	ADP
taxlaw-2799	1702	65	the	the	DET
taxlaw-2799	1702	66	“	"	PUNCT
taxlaw-2799	1702	67	floating	float	VERB
taxlaw-2799	1702	68	amount	amount	NOUN
taxlaw-2799	1702	69	”	"	PUNCT
taxlaw-2799	1702	70	determined	determine	VERB
taxlaw-2799	1702	71	by	by	ADP
taxlaw-2799	1702	72	reference	reference	NOUN
taxlaw-2799	1702	73	to	to	ADP
taxlaw-2799	1702	74	changes	change	NOUN
taxlaw-2799	1702	75	in	in	ADP
taxlaw-2799	1702	76	the	the	DET
taxlaw-2799	1702	77	value	value	NOUN
taxlaw-2799	1702	78	of	of	ADP
taxlaw-2799	1702	79	an	an	DET
taxlaw-2799	1702	80	interest	interest	NOUN
taxlaw-2799	1702	81	rate	rate	NOUN
taxlaw-2799	1702	82	swap	swap	NOUN
taxlaw-2799	1702	83	and	and	CCONJ
taxlaw-2799	1702	84	potentially	potentially	ADV
taxlaw-2799	1702	85	either	either	CCONJ
taxlaw-2799	1702	86	positive	positive	ADJ
taxlaw-2799	1702	87	or	or	CCONJ
taxlaw-2799	1702	88	negative	negative	ADJ
taxlaw-2799	1702	89	on	on	ADP
taxlaw-2799	1702	90	any	any	DET
taxlaw-2799	1702	91	particular	particular	ADJ
taxlaw-2799	1702	92	day	day	NOUN
taxlaw-2799	1702	93	.	.	PUNCT
taxlaw-2799	1703	1	this	this	PRON
taxlaw-2799	1703	2	would	would	AUX
taxlaw-2799	1703	3	be	be	AUX
taxlaw-2799	1703	4	an	an	DET
taxlaw-2799	1703	5	unusual	unusual	ADJ
taxlaw-2799	1703	6	animal	animal	NOUN
taxlaw-2799	1703	7	,	,	PUNCT
taxlaw-2799	1703	8	but	but	CCONJ
taxlaw-2799	1703	9	the	the	DET
taxlaw-2799	1703	10	concept	concept	NOUN
taxlaw-2799	1703	11	of	of	ADP
taxlaw-2799	1703	12	using	use	VERB
taxlaw-2799	1703	13	objective	objective	ADJ
taxlaw-2799	1703	14	financial	financial	ADJ
taxlaw-2799	1703	15	information	information	NOUN
taxlaw-2799	1703	16	to	to	PART
taxlaw-2799	1703	17	determine	determine	VERB
taxlaw-2799	1703	18	the	the	DET
taxlaw-2799	1703	19	amount	amount	NOUN
taxlaw-2799	1703	20	of	of	ADP
taxlaw-2799	1703	21	a	a	DET
taxlaw-2799	1703	22	periodic	periodic	ADJ
taxlaw-2799	1703	23	swap	swap	NOUN
taxlaw-2799	1703	24	payment	payment	NOUN
taxlaw-2799	1703	25	is	be	AUX
taxlaw-2799	1703	26	not	not	PART
taxlaw-2799	1703	27	new.142	new.142	ADJ
taxlaw-2799	1703	28	on	on	ADP
taxlaw-2799	1703	29	the	the	DET
taxlaw-2799	1703	30	other	other	ADJ
taxlaw-2799	1703	31	hand	hand	NOUN
taxlaw-2799	1703	32	,	,	PUNCT
taxlaw-2799	1703	33	there	there	PRON
taxlaw-2799	1703	34	may	may	AUX
taxlaw-2799	1703	35	be	be	AUX
taxlaw-2799	1703	36	taxpayers	taxpayer	NOUN
taxlaw-2799	1703	37	who	who	PRON
taxlaw-2799	1703	38	would	would	AUX
taxlaw-2799	1703	39	not	not	PART
taxlaw-2799	1703	40	view	view	VERB
taxlaw-2799	1703	41	the	the	DET
taxlaw-2799	1703	42	transformation	transformation	NOUN
taxlaw-2799	1703	43	of	of	ADP
taxlaw-2799	1703	44	a	a	DET
taxlaw-2799	1703	45	simple	simple	ADJ
taxlaw-2799	1703	46	6	6	NUM
taxlaw-2799	1703	47	percent	percent	NOUN
taxlaw-2799	1703	48	vs.	vs.	ADP
taxlaw-2799	1703	49	libor	libor	PROPN
taxlaw-2799	1703	50	interest	interest	PROPN
taxlaw-2799	1703	51	rate	rate	PROPN
taxlaw-2799	1703	52	swap	swap	NOUN
taxlaw-2799	1703	53	into	into	ADP
taxlaw-2799	1703	54	an	an	DET
taxlaw-2799	1703	55	instrument	instrument	NOUN
taxlaw-2799	1703	56	with	with	ADP
taxlaw-2799	1703	57	a	a	DET
taxlaw-2799	1703	58	fixed	fix	VERB
taxlaw-2799	1703	59	5	5	NUM
taxlaw-2799	1703	60	percent	percent	NOUN
taxlaw-2799	1703	61	coupon	coupon	NOUN
taxlaw-2799	1703	62	and	and	CCONJ
taxlaw-2799	1703	63	a	a	DET
taxlaw-2799	1703	64	variable	variable	ADJ
taxlaw-2799	1703	65	market	market	NOUN
taxlaw-2799	1703	66	-	-	PUNCT
taxlaw-2799	1703	67	based	base	VERB
taxlaw-2799	1703	68	coupon	coupon	NOUN
taxlaw-2799	1703	69	as	as	ADP
taxlaw-2799	1703	70	an	an	DET
taxlaw-2799	1703	71	improvement	improvement	NOUN
taxlaw-2799	1703	72	over	over	ADP
taxlaw-2799	1703	73	respecting	respect	VERB
taxlaw-2799	1703	74	the	the	DET
taxlaw-2799	1703	75	form	form	NOUN
taxlaw-2799	1703	76	of	of	ADP
taxlaw-2799	1703	77	the	the	DET
taxlaw-2799	1703	78	cash	cash	NOUN
taxlaw-2799	1703	79	flows	flow	NOUN
taxlaw-2799	1703	80	.	.	PUNCT
taxlaw-2799	1704	1	treating	treat	VERB
taxlaw-2799	1704	2	the	the	DET
taxlaw-2799	1704	3	daily	daily	ADJ
taxlaw-2799	1704	4	margin	margin	NOUN
taxlaw-2799	1704	5	cash	cash	NOUN
taxlaw-2799	1704	6	flows	flow	NOUN
taxlaw-2799	1704	7	in	in	ADP
taxlaw-2799	1704	8	this	this	DET
taxlaw-2799	1704	9	manner	manner	NOUN
taxlaw-2799	1704	10	may	may	AUX
taxlaw-2799	1704	11	be	be	AUX
taxlaw-2799	1704	12	a	a	DET
taxlaw-2799	1704	13	bridge	bridge	NOUN
taxlaw-2799	1704	14	too	too	ADV
taxlaw-2799	1704	15	far	far	ADV
taxlaw-2799	1704	16	.	.	PUNCT
taxlaw-2799	1705	1	it	it	PRON
taxlaw-2799	1705	2	is	be	AUX
taxlaw-2799	1705	3	one	one	NUM
taxlaw-2799	1705	4	thing	thing	NOUN
taxlaw-2799	1705	5	to	to	PART
taxlaw-2799	1705	6	take	take	VERB
taxlaw-2799	1705	7	the	the	DET
taxlaw-2799	1705	8	view	view	NOUN
taxlaw-2799	1705	9	that	that	SCONJ
taxlaw-2799	1705	10	,	,	PUNCT
taxlaw-2799	1705	11	at	at	ADP
taxlaw-2799	1705	12	least	least	ADJ
taxlaw-2799	1705	13	for	for	ADP
taxlaw-2799	1705	14	some	some	DET
taxlaw-2799	1705	15	142	142	NUM
taxlaw-2799	1705	16	see	see	NOUN
taxlaw-2799	1705	17	treas	treas	PROPN
taxlaw-2799	1705	18	.	.	PUNCT
taxlaw-2799	1706	1	reg	reg	PROPN
taxlaw-2799	1706	2	.	.	PUNCT
taxlaw-2799	1707	1	§	§	PROPN
taxlaw-2799	1707	2	1.446	1.446	NUM
taxlaw-2799	1707	3	-	-	SYM
taxlaw-2799	1707	4	3(c)(4)(ii	3(c)(4)(ii	NUM
taxlaw-2799	1707	5	)	)	PUNCT
taxlaw-2799	1707	6	(	(	PUNCT
taxlaw-2799	1707	7	1994	1994	NUM
taxlaw-2799	1707	8	)	)	PUNCT
taxlaw-2799	1707	9	(	(	PUNCT
taxlaw-2799	1707	10	defining	define	VERB
taxlaw-2799	1707	11	objective	objective	ADJ
taxlaw-2799	1707	12	financial	financial	ADJ
taxlaw-2799	1707	13	information	information	NOUN
taxlaw-2799	1707	14	as	as	ADP
taxlaw-2799	1707	15	“	"	PUNCT
taxlaw-2799	1707	16	any	any	DET
taxlaw-2799	1707	17	current	current	ADJ
taxlaw-2799	1707	18	,	,	PUNCT
taxlaw-2799	1707	19	objectively	objectively	ADV
taxlaw-2799	1707	20	determinable	determinable	VERB
taxlaw-2799	1707	21	financial	financial	ADJ
taxlaw-2799	1707	22	or	or	CCONJ
taxlaw-2799	1707	23	economic	economic	ADJ
taxlaw-2799	1707	24	information	information	NOUN
taxlaw-2799	1707	25	that	that	PRON
taxlaw-2799	1707	26	is	be	AUX
taxlaw-2799	1707	27	not	not	PART
taxlaw-2799	1707	28	within	within	ADP
taxlaw-2799	1707	29	the	the	DET
taxlaw-2799	1707	30	control	control	NOUN
taxlaw-2799	1707	31	of	of	ADP
taxlaw-2799	1707	32	any	any	PRON
taxlaw-2799	1707	33	of	of	ADP
taxlaw-2799	1707	34	the	the	DET
taxlaw-2799	1707	35	parties	party	NOUN
taxlaw-2799	1707	36	to	to	ADP
taxlaw-2799	1707	37	the	the	DET
taxlaw-2799	1707	38	contract	contract	NOUN
taxlaw-2799	1707	39	and	and	CCONJ
taxlaw-2799	1707	40	is	be	AUX
taxlaw-2799	1707	41	not	not	PART
taxlaw-2799	1707	42	unique	unique	ADJ
taxlaw-2799	1707	43	to	to	ADP
taxlaw-2799	1707	44	one	one	NUM
taxlaw-2799	1707	45	of	of	ADP
taxlaw-2799	1707	46	the	the	DET
taxlaw-2799	1707	47	parties	party	NOUN
taxlaw-2799	1707	48	’	’	PART
taxlaw-2799	1707	49	circumstances	circumstance	NOUN
taxlaw-2799	1707	50	”	"	PUNCT
taxlaw-2799	1707	51	)	)	PUNCT
taxlaw-2799	1707	52	.	.	PUNCT
taxlaw-2799	1708	1	2011	2011	NUM
taxlaw-2799	1708	2	]	]	PUNCT
taxlaw-2799	1708	3	ew	ew	NOUN
taxlaw-2799	1708	4	tax	tax	NOUN
taxlaw-2799	1708	5	issues	issue	NOUN
taxlaw-2799	1708	6	arisi	arisi	VERB
taxlaw-2799	1708	7	g	g	PROPN
taxlaw-2799	1708	8	from	from	ADP
taxlaw-2799	1708	9	the	the	DET
taxlaw-2799	1708	10	dodd	dodd	NOUN
taxlaw-2799	1708	11	-	-	PUNCT
taxlaw-2799	1708	12	fra	fra	PROPN
taxlaw-2799	1708	13	k	k	PROPN
taxlaw-2799	1708	14	act	act	PROPN
taxlaw-2799	1708	15	85	85	NUM
taxlaw-2799	1708	16	purposes	purpose	NOUN
taxlaw-2799	1708	17	,	,	PUNCT
taxlaw-2799	1708	18	offsetting	offset	VERB
taxlaw-2799	1708	19	flows	flow	NOUN
taxlaw-2799	1708	20	of	of	ADP
taxlaw-2799	1708	21	cash	cash	NOUN
taxlaw-2799	1708	22	should	should	AUX
taxlaw-2799	1708	23	be	be	AUX
taxlaw-2799	1708	24	disregarded	disregard	VERB
taxlaw-2799	1708	25	.	.	PUNCT
taxlaw-2799	1709	1	it	it	PRON
taxlaw-2799	1709	2	is	be	AUX
taxlaw-2799	1709	3	a	a	DET
taxlaw-2799	1709	4	very	very	ADV
taxlaw-2799	1709	5	different	different	ADJ
taxlaw-2799	1709	6	thing	thing	NOUN
taxlaw-2799	1709	7	to	to	PART
taxlaw-2799	1709	8	take	take	VERB
taxlaw-2799	1709	9	the	the	DET
taxlaw-2799	1709	10	view	view	NOUN
taxlaw-2799	1709	11	that	that	SCONJ
taxlaw-2799	1709	12	every	every	DET
taxlaw-2799	1709	13	transfer	transfer	NOUN
taxlaw-2799	1709	14	of	of	ADP
taxlaw-2799	1709	15	margin	margin	NOUN
taxlaw-2799	1709	16	with	with	ADP
taxlaw-2799	1709	17	respect	respect	NOUN
taxlaw-2799	1709	18	to	to	ADP
taxlaw-2799	1709	19	a	a	DET
taxlaw-2799	1709	20	cleared	clear	VERB
taxlaw-2799	1709	21	swap	swap	NOUN
taxlaw-2799	1709	22	should	should	AUX
taxlaw-2799	1709	23	be	be	AUX
taxlaw-2799	1709	24	treated	treat	VERB
taxlaw-2799	1709	25	as	as	ADP
taxlaw-2799	1709	26	a	a	DET
taxlaw-2799	1709	27	payment	payment	NOUN
taxlaw-2799	1709	28	under	under	ADP
taxlaw-2799	1709	29	the	the	DET
taxlaw-2799	1709	30	swap	swap	NOUN
taxlaw-2799	1709	31	.	.	PUNCT
taxlaw-2799	1710	1	since	since	SCONJ
taxlaw-2799	1710	2	margin	margin	NOUN
taxlaw-2799	1710	3	transfers	transfer	NOUN
taxlaw-2799	1710	4	will	will	AUX
taxlaw-2799	1710	5	be	be	AUX
taxlaw-2799	1710	6	made	make	VERB
taxlaw-2799	1710	7	daily	daily	ADV
taxlaw-2799	1710	8	,	,	PUNCT
taxlaw-2799	1710	9	reflecting	reflect	VERB
taxlaw-2799	1710	10	incremental	incremental	ADJ
taxlaw-2799	1710	11	changes	change	NOUN
taxlaw-2799	1710	12	in	in	ADP
taxlaw-2799	1710	13	value	value	NOUN
taxlaw-2799	1710	14	of	of	ADP
taxlaw-2799	1710	15	the	the	DET
taxlaw-2799	1710	16	swap	swap	NOUN
taxlaw-2799	1710	17	,	,	PUNCT
taxlaw-2799	1710	18	an	an	DET
taxlaw-2799	1710	19	approach	approach	NOUN
taxlaw-2799	1710	20	of	of	ADP
taxlaw-2799	1710	21	that	that	DET
taxlaw-2799	1710	22	kind	kind	NOUN
taxlaw-2799	1710	23	would	would	AUX
taxlaw-2799	1710	24	effectively	effectively	ADV
taxlaw-2799	1710	25	mean	mean	VERB
taxlaw-2799	1710	26	that	that	SCONJ
taxlaw-2799	1710	27	the	the	DET
taxlaw-2799	1710	28	swap	swap	NOUN
taxlaw-2799	1710	29	would	would	AUX
taxlaw-2799	1710	30	be	be	AUX
taxlaw-2799	1710	31	marked	mark	VERB
taxlaw-2799	1710	32	to	to	PART
taxlaw-2799	1710	33	market	market	VERB
taxlaw-2799	1710	34	for	for	ADP
taxlaw-2799	1710	35	u.s	u.s	PROPN
taxlaw-2799	1710	36	.	.	PROPN
taxlaw-2799	1710	37	federal	federal	ADJ
taxlaw-2799	1710	38	income	income	NOUN
taxlaw-2799	1710	39	tax	tax	NOUN
taxlaw-2799	1710	40	purposes	purpose	NOUN
taxlaw-2799	1710	41	.	.	PUNCT
taxlaw-2799	1711	1	while	while	SCONJ
taxlaw-2799	1711	2	there	there	PRON
taxlaw-2799	1711	3	may	may	AUX
taxlaw-2799	1711	4	be	be	AUX
taxlaw-2799	1711	5	some	some	DET
taxlaw-2799	1711	6	sympathy	sympathy	NOUN
taxlaw-2799	1711	7	for	for	ADP
taxlaw-2799	1711	8	that	that	DET
taxlaw-2799	1711	9	result	result	NOUN
taxlaw-2799	1711	10	–	–	PUNCT
taxlaw-2799	1711	11	after	after	ADV
taxlaw-2799	1711	12	all	all	ADV
taxlaw-2799	1711	13	,	,	PUNCT
taxlaw-2799	1711	14	the	the	DET
taxlaw-2799	1711	15	taxpayer	taxpayer	NOUN
taxlaw-2799	1711	16	in	in	ADP
taxlaw-2799	1711	17	fact	fact	NOUN
taxlaw-2799	1711	18	has	have	VERB
taxlaw-2799	1711	19	additional	additional	ADJ
taxlaw-2799	1711	20	cash	cash	NOUN
taxlaw-2799	1711	21	in	in	ADP
taxlaw-2799	1711	22	its	its	PRON
taxlaw-2799	1711	23	hands	hand	NOUN
taxlaw-2799	1711	24	,	,	PUNCT
taxlaw-2799	1711	25	or	or	CCONJ
taxlaw-2799	1711	26	has	have	AUX
taxlaw-2799	1711	27	paid	pay	VERB
taxlaw-2799	1711	28	out	out	ADP
taxlaw-2799	1711	29	additional	additional	ADJ
taxlaw-2799	1711	30	cash	cash	NOUN
taxlaw-2799	1711	31	,	,	PUNCT
taxlaw-2799	1711	32	and	and	CCONJ
taxlaw-2799	1711	33	the	the	DET
taxlaw-2799	1711	34	extent	extent	NOUN
taxlaw-2799	1711	35	to	to	PART
taxlaw-2799	1711	36	which	which	PRON
taxlaw-2799	1711	37	swap	swap	NOUN
taxlaw-2799	1711	38	payments	payment	NOUN
taxlaw-2799	1711	39	and	and	CCONJ
taxlaw-2799	1711	40	margin	margin	NOUN
taxlaw-2799	1711	41	payments	payment	NOUN
taxlaw-2799	1711	42	are	be	AUX
taxlaw-2799	1711	43	netted	net	VERB
taxlaw-2799	1711	44	by	by	ADP
taxlaw-2799	1711	45	a	a	DET
taxlaw-2799	1711	46	clearinghouse	clearinghouse	NOUN
taxlaw-2799	1711	47	is	be	AUX
taxlaw-2799	1711	48	more	more	ADV
taxlaw-2799	1711	49	far	far	ADV
taxlaw-2799	1711	50	-	-	PUNCT
taxlaw-2799	1711	51	reaching	reach	VERB
taxlaw-2799	1711	52	than	than	ADP
taxlaw-2799	1711	53	in	in	ADP
taxlaw-2799	1711	54	the	the	DET
taxlaw-2799	1711	55	otc	otc	PROPN
taxlaw-2799	1711	56	context	context	NOUN
taxlaw-2799	1711	57	–	–	PUNCT
taxlaw-2799	1711	58	treating	treat	VERB
taxlaw-2799	1711	59	a	a	DET
taxlaw-2799	1711	60	cleared	clear	VERB
taxlaw-2799	1711	61	interest	interest	NOUN
taxlaw-2799	1711	62	rate	rate	NOUN
taxlaw-2799	1711	63	swap	swap	NOUN
taxlaw-2799	1711	64	as	as	ADP
taxlaw-2799	1711	65	subject	subject	ADJ
taxlaw-2799	1711	66	to	to	ADP
taxlaw-2799	1711	67	an	an	DET
taxlaw-2799	1711	68	effective	effective	ADJ
taxlaw-2799	1711	69	mark	mark	NOUN
taxlaw-2799	1711	70	-	-	PUNCT
taxlaw-2799	1711	71	to	to	ADP
taxlaw-2799	1711	72	-	-	PUNCT
taxlaw-2799	1711	73	market	market	NOUN
taxlaw-2799	1711	74	regime	regime	NOUN
taxlaw-2799	1711	75	because	because	SCONJ
taxlaw-2799	1711	76	of	of	ADP
taxlaw-2799	1711	77	margin	margin	NOUN
taxlaw-2799	1711	78	cash	cash	NOUN
taxlaw-2799	1711	79	flows	flow	NOUN
taxlaw-2799	1711	80	seems	seem	VERB
taxlaw-2799	1711	81	clearly	clearly	ADV
taxlaw-2799	1711	82	contrary	contrary	ADJ
taxlaw-2799	1711	83	to	to	ADP
taxlaw-2799	1711	84	congress	congress	PROPN
taxlaw-2799	1711	85	’s	’s	PART
taxlaw-2799	1711	86	intent	intent	NOUN
taxlaw-2799	1711	87	in	in	ADP
taxlaw-2799	1711	88	enacting	enact	VERB
taxlaw-2799	1711	89	the	the	DET
taxlaw-2799	1711	90	amendment	amendment	NOUN
taxlaw-2799	1711	91	to	to	ADP
taxlaw-2799	1711	92	§	§	PROPN
taxlaw-2799	1711	93	1256	1256	NUM
taxlaw-2799	1711	94	,	,	PUNCT
taxlaw-2799	1711	95	which	which	PRON
taxlaw-2799	1711	96	was	be	AUX
taxlaw-2799	1711	97	intended	intend	VERB
taxlaw-2799	1711	98	to	to	PART
taxlaw-2799	1711	99	ensure	ensure	VERB
taxlaw-2799	1711	100	that	that	SCONJ
taxlaw-2799	1711	101	interest	interest	NOUN
taxlaw-2799	1711	102	rate	rate	NOUN
taxlaw-2799	1711	103	swaps	swap	NOUN
taxlaw-2799	1711	104	and	and	CCONJ
taxlaw-2799	1711	105	other	other	ADJ
taxlaw-2799	1711	106	swaps	swap	NOUN
taxlaw-2799	1711	107	covered	cover	VERB
taxlaw-2799	1711	108	by	by	ADP
taxlaw-2799	1711	109	the	the	DET
taxlaw-2799	1711	110	amendment	amendment	NOUN
taxlaw-2799	1711	111	continue	continue	VERB
taxlaw-2799	1711	112	to	to	PART
taxlaw-2799	1711	113	be	be	AUX
taxlaw-2799	1711	114	taxed	tax	VERB
taxlaw-2799	1711	115	as	as	SCONJ
taxlaw-2799	1711	116	they	they	PRON
taxlaw-2799	1711	117	were	be	AUX
taxlaw-2799	1711	118	in	in	ADP
taxlaw-2799	1711	119	the	the	DET
taxlaw-2799	1711	120	otc	otc	PROPN
taxlaw-2799	1711	121	market	market	NOUN
taxlaw-2799	1711	122	.	.	PUNCT
taxlaw-2799	1712	1	as	as	ADP
taxlaw-2799	1712	2	a	a	DET
taxlaw-2799	1712	3	general	general	ADJ
taxlaw-2799	1712	4	matter	matter	NOUN
taxlaw-2799	1712	5	,	,	PUNCT
taxlaw-2799	1712	6	therefore	therefore	ADV
taxlaw-2799	1712	7	,	,	PUNCT
taxlaw-2799	1712	8	for	for	ADP
taxlaw-2799	1712	9	a	a	DET
taxlaw-2799	1712	10	variety	variety	NOUN
taxlaw-2799	1712	11	of	of	ADP
taxlaw-2799	1712	12	reasons	reason	NOUN
taxlaw-2799	1712	13	it	it	PRON
taxlaw-2799	1712	14	seems	seem	VERB
taxlaw-2799	1712	15	appropriate	appropriate	ADJ
taxlaw-2799	1712	16	to	to	PART
taxlaw-2799	1712	17	treat	treat	VERB
taxlaw-2799	1712	18	the	the	DET
taxlaw-2799	1712	19	upfront	upfront	ADJ
taxlaw-2799	1712	20	payment	payment	NOUN
taxlaw-2799	1712	21	as	as	ADP
taxlaw-2799	1712	22	“	"	PUNCT
taxlaw-2799	1712	23	real	real	ADJ
taxlaw-2799	1712	24	”	"	PUNCT
taxlaw-2799	1712	25	for	for	ADP
taxlaw-2799	1712	26	tax	tax	NOUN
taxlaw-2799	1712	27	purposes	purpose	NOUN
taxlaw-2799	1712	28	.	.	PUNCT
taxlaw-2799	1713	1	notwithstanding	notwithstanding	ADP
taxlaw-2799	1713	2	that	that	DET
taxlaw-2799	1713	3	point	point	NOUN
taxlaw-2799	1713	4	,	,	PUNCT
taxlaw-2799	1713	5	the	the	DET
taxlaw-2799	1713	6	argument	argument	NOUN
taxlaw-2799	1713	7	that	that	SCONJ
taxlaw-2799	1713	8	the	the	DET
taxlaw-2799	1713	9	upfront	upfront	ADJ
taxlaw-2799	1713	10	payment	payment	NOUN
taxlaw-2799	1713	11	should	should	AUX
taxlaw-2799	1713	12	be	be	AUX
taxlaw-2799	1713	13	netted	net	VERB
taxlaw-2799	1713	14	to	to	ADP
taxlaw-2799	1713	15	zero	zero	NUM
taxlaw-2799	1713	16	or	or	CCONJ
taxlaw-2799	1713	17	something	something	PRON
taxlaw-2799	1713	18	close	close	ADJ
taxlaw-2799	1713	19	to	to	ADP
taxlaw-2799	1713	20	it	it	PRON
taxlaw-2799	1713	21	is	be	AUX
taxlaw-2799	1713	22	particularly	particularly	ADV
taxlaw-2799	1713	23	compelling	compelling	ADJ
taxlaw-2799	1713	24	when	when	SCONJ
taxlaw-2799	1713	25	one	one	PRON
taxlaw-2799	1713	26	considers	consider	VERB
taxlaw-2799	1713	27	the	the	DET
taxlaw-2799	1713	28	possible	possible	ADJ
taxlaw-2799	1713	29	application	application	NOUN
taxlaw-2799	1713	30	of	of	ADP
taxlaw-2799	1713	31	§	§	PROPN
taxlaw-2799	1713	32	956	956	NUM
taxlaw-2799	1713	33	.	.	PUNCT
taxlaw-2799	1714	1	in	in	ADP
taxlaw-2799	1714	2	the	the	DET
taxlaw-2799	1714	3	example	example	NOUN
taxlaw-2799	1714	4	above	above	ADV
taxlaw-2799	1714	5	,	,	PUNCT
taxlaw-2799	1714	6	if	if	SCONJ
taxlaw-2799	1714	7	one	one	PRON
taxlaw-2799	1714	8	assumes	assume	VERB
taxlaw-2799	1714	9	that	that	SCONJ
taxlaw-2799	1714	10	party	party	NOUN
taxlaw-2799	1714	11	a	a	PRON
taxlaw-2799	1714	12	is	be	AUX
taxlaw-2799	1714	13	a	a	DET
taxlaw-2799	1714	14	cfc	cfc	NOUN
taxlaw-2799	1714	15	and	and	CCONJ
taxlaw-2799	1714	16	party	party	PROPN
taxlaw-2799	1714	17	b	b	PROPN
taxlaw-2799	1714	18	is	be	AUX
taxlaw-2799	1714	19	a	a	DET
taxlaw-2799	1714	20	u.s	u.s	PROPN
taxlaw-2799	1714	21	.	.	PROPN
taxlaw-2799	1714	22	affiliate	affiliate	NOUN
taxlaw-2799	1714	23	,	,	PUNCT
taxlaw-2799	1714	24	it	it	PRON
taxlaw-2799	1714	25	can	can	AUX
taxlaw-2799	1714	26	hardly	hardly	ADV
taxlaw-2799	1714	27	be	be	AUX
taxlaw-2799	1714	28	argued	argue	VERB
taxlaw-2799	1714	29	that	that	SCONJ
taxlaw-2799	1714	30	the	the	DET
taxlaw-2799	1714	31	cfc	cfc	NOUN
taxlaw-2799	1714	32	has	have	AUX
taxlaw-2799	1714	33	made	make	VERB
taxlaw-2799	1714	34	any	any	DET
taxlaw-2799	1714	35	net	net	ADJ
taxlaw-2799	1714	36	assets	asset	NOUN
taxlaw-2799	1714	37	available	available	ADJ
taxlaw-2799	1714	38	to	to	ADP
taxlaw-2799	1714	39	the	the	DET
taxlaw-2799	1714	40	u.s	u.s	PROPN
taxlaw-2799	1714	41	.	.	PROPN
taxlaw-2799	1714	42	affiliate	affiliate	NOUN
taxlaw-2799	1714	43	.	.	PUNCT
taxlaw-2799	1715	1	section	section	NOUN
taxlaw-2799	1715	2	956	956	NUM
taxlaw-2799	1715	3	generally	generally	ADV
taxlaw-2799	1715	4	provides	provide	VERB
taxlaw-2799	1715	5	that	that	SCONJ
taxlaw-2799	1715	6	an	an	DET
taxlaw-2799	1715	7	investment	investment	NOUN
taxlaw-2799	1715	8	in	in	ADP
taxlaw-2799	1715	9	“	"	PUNCT
taxlaw-2799	1715	10	united	united	PROPN
taxlaw-2799	1715	11	states	states	PROPN
taxlaw-2799	1715	12	property	property	PROPN
taxlaw-2799	1715	13	”	"	PUNCT
taxlaw-2799	1715	14	by	by	ADP
taxlaw-2799	1715	15	a	a	DET
taxlaw-2799	1715	16	controlled	control	VERB
taxlaw-2799	1715	17	foreign	foreign	ADJ
taxlaw-2799	1715	18	corporation	corporation	NOUN
taxlaw-2799	1715	19	may	may	AUX
taxlaw-2799	1715	20	give	give	VERB
taxlaw-2799	1715	21	rise	rise	NOUN
taxlaw-2799	1715	22	to	to	ADP
taxlaw-2799	1715	23	an	an	DET
taxlaw-2799	1715	24	inclusion	inclusion	NOUN
taxlaw-2799	1715	25	by	by	ADP
taxlaw-2799	1715	26	its	its	PRON
taxlaw-2799	1715	27	u.s	u.s	PROPN
taxlaw-2799	1715	28	.	.	PROPN
taxlaw-2799	1715	29	shareholder	shareholder	NOUN
taxlaw-2799	1715	30	under	under	ADP
taxlaw-2799	1715	31	subpart	subpart	NOUN
taxlaw-2799	1715	32	f	f	PROPN
taxlaw-2799	1715	33	if	if	SCONJ
taxlaw-2799	1715	34	the	the	DET
taxlaw-2799	1715	35	cfc	cfc	NOUN
taxlaw-2799	1715	36	has	have	VERB
taxlaw-2799	1715	37	earnings	earning	NOUN
taxlaw-2799	1715	38	and	and	CCONJ
taxlaw-2799	1715	39	profits	profit	NOUN
taxlaw-2799	1715	40	that	that	PRON
taxlaw-2799	1715	41	have	have	AUX
taxlaw-2799	1715	42	not	not	PART
taxlaw-2799	1715	43	yet	yet	ADV
taxlaw-2799	1715	44	been	be	AUX
taxlaw-2799	1715	45	included	include	VERB
taxlaw-2799	1715	46	in	in	ADP
taxlaw-2799	1715	47	the	the	DET
taxlaw-2799	1715	48	shareholder	shareholder	NOUN
taxlaw-2799	1715	49	’s	’s	PART
taxlaw-2799	1715	50	income	income	NOUN
taxlaw-2799	1715	51	.	.	PUNCT
taxlaw-2799	1716	1	“	"	PUNCT
taxlaw-2799	1716	2	united	united	PROPN
taxlaw-2799	1716	3	states	states	PROPN
taxlaw-2799	1716	4	property	property	PROPN
taxlaw-2799	1716	5	”	"	PUNCT
taxlaw-2799	1716	6	for	for	ADP
taxlaw-2799	1716	7	this	this	DET
taxlaw-2799	1716	8	purpose	purpose	NOUN
taxlaw-2799	1716	9	generally	generally	ADV
taxlaw-2799	1716	10	includes	include	VERB
taxlaw-2799	1716	11	any	any	DET
taxlaw-2799	1716	12	obligation	obligation	NOUN
taxlaw-2799	1716	13	of	of	ADP
taxlaw-2799	1716	14	a	a	DET
taxlaw-2799	1716	15	united	united	PROPN
taxlaw-2799	1716	16	states	states	PROPN
taxlaw-2799	1716	17	person	person	NOUN
taxlaw-2799	1716	18	,	,	PUNCT
taxlaw-2799	1716	19	with	with	ADP
taxlaw-2799	1716	20	exceptions	exception	NOUN
taxlaw-2799	1716	21	for	for	ADP
taxlaw-2799	1716	22	obligations	obligation	NOUN
taxlaw-2799	1716	23	of	of	ADP
taxlaw-2799	1716	24	unrelated	unrelated	ADJ
taxlaw-2799	1716	25	parties	party	NOUN
taxlaw-2799	1716	26	.	.	PUNCT
taxlaw-2799	1717	1	less	less	ADV
taxlaw-2799	1717	2	technically	technically	ADV
taxlaw-2799	1717	3	,	,	PUNCT
taxlaw-2799	1717	4	§	§	PROPN
taxlaw-2799	1717	5	956	956	NUM
taxlaw-2799	1717	6	gives	give	VERB
taxlaw-2799	1717	7	rise	rise	NOUN
taxlaw-2799	1717	8	to	to	ADP
taxlaw-2799	1717	9	a	a	DET
taxlaw-2799	1717	10	potential	potential	ADJ
taxlaw-2799	1717	11	deemed	deem	VERB
taxlaw-2799	1717	12	dividend	dividend	NOUN
taxlaw-2799	1717	13	from	from	ADP
taxlaw-2799	1717	14	a	a	DET
taxlaw-2799	1717	15	cfc	cfc	NOUN
taxlaw-2799	1717	16	if	if	SCONJ
taxlaw-2799	1717	17	the	the	DET
taxlaw-2799	1717	18	cfc	cfc	NOUN
taxlaw-2799	1717	19	lends	lend	VERB
taxlaw-2799	1717	20	money	money	NOUN
taxlaw-2799	1717	21	,	,	PUNCT
taxlaw-2799	1717	22	or	or	CCONJ
taxlaw-2799	1717	23	is	be	AUX
taxlaw-2799	1717	24	deemed	deem	VERB
taxlaw-2799	1717	25	to	to	PART
taxlaw-2799	1717	26	make	make	VERB
taxlaw-2799	1717	27	a	a	DET
taxlaw-2799	1717	28	loan	loan	NOUN
taxlaw-2799	1717	29	,	,	PUNCT
taxlaw-2799	1717	30	to	to	ADP
taxlaw-2799	1717	31	a	a	DET
taxlaw-2799	1717	32	related	relate	VERB
taxlaw-2799	1717	33	u.s	u.s	PROPN
taxlaw-2799	1717	34	.	.	PROPN
taxlaw-2799	1717	35	person	person	NOUN
taxlaw-2799	1717	36	.	.	PUNCT
taxlaw-2799	1718	1	accordingly	accordingly	ADV
taxlaw-2799	1718	2	,	,	PUNCT
taxlaw-2799	1718	3	if	if	SCONJ
taxlaw-2799	1718	4	a	a	DET
taxlaw-2799	1718	5	cfc	cfc	NOUN
taxlaw-2799	1718	6	makes	make	VERB
taxlaw-2799	1718	7	an	an	DET
taxlaw-2799	1718	8	upfront	upfront	ADJ
taxlaw-2799	1718	9	payment	payment	NOUN
taxlaw-2799	1718	10	on	on	ADP
taxlaw-2799	1718	11	a	a	DET
taxlaw-2799	1718	12	swap	swap	NOUN
taxlaw-2799	1718	13	to	to	ADP
taxlaw-2799	1718	14	a	a	DET
taxlaw-2799	1718	15	u.s	u.s	PROPN
taxlaw-2799	1718	16	.	.	PROPN
taxlaw-2799	1718	17	affiliate	affiliate	NOUN
taxlaw-2799	1718	18	there	there	PRON
taxlaw-2799	1718	19	is	be	VERB
taxlaw-2799	1718	20	a	a	DET
taxlaw-2799	1718	21	potential	potential	NOUN
taxlaw-2799	1718	22	for	for	ADP
taxlaw-2799	1718	23	a	a	DET
taxlaw-2799	1718	24	§	§	PROPN
taxlaw-2799	1718	25	956	956	NUM
taxlaw-2799	1718	26	inclusion	inclusion	NOUN
taxlaw-2799	1718	27	.	.	PUNCT
taxlaw-2799	1719	1	one	one	NUM
taxlaw-2799	1719	2	possible	possible	ADJ
taxlaw-2799	1719	3	avenue	avenue	NOUN
taxlaw-2799	1719	4	for	for	ADP
taxlaw-2799	1719	5	concluding	conclude	VERB
taxlaw-2799	1719	6	that	that	SCONJ
taxlaw-2799	1719	7	there	there	PRON
taxlaw-2799	1719	8	is	be	VERB
taxlaw-2799	1719	9	no	no	DET
taxlaw-2799	1719	10	investment	investment	NOUN
taxlaw-2799	1719	11	in	in	ADP
taxlaw-2799	1719	12	united	united	PROPN
taxlaw-2799	1719	13	states	states	PROPN
taxlaw-2799	1719	14	property	property	NOUN
taxlaw-2799	1719	15	could	could	AUX
taxlaw-2799	1719	16	be	be	AUX
taxlaw-2799	1719	17	to	to	PART
taxlaw-2799	1719	18	conclude	conclude	VERB
taxlaw-2799	1719	19	that	that	SCONJ
taxlaw-2799	1719	20	even	even	ADV
taxlaw-2799	1719	21	if	if	SCONJ
taxlaw-2799	1719	22	a	a	DET
taxlaw-2799	1719	23	“	"	PUNCT
taxlaw-2799	1719	24	payment	payment	NOUN
taxlaw-2799	1719	25	”	"	PUNCT
taxlaw-2799	1719	26	from	from	ADP
taxlaw-2799	1719	27	the	the	DET
taxlaw-2799	1719	28	cfc	cfc	PROPN
taxlaw-2799	1719	29	to	to	ADP
taxlaw-2799	1719	30	its	its	PRON
taxlaw-2799	1719	31	u.s	u.s	PROPN
taxlaw-2799	1719	32	.	.	PROPN
taxlaw-2799	1719	33	affiliate	affiliate	NOUN
taxlaw-2799	1719	34	has	have	AUX
taxlaw-2799	1719	35	taken	take	VERB
taxlaw-2799	1719	36	place	place	NOUN
taxlaw-2799	1719	37	,	,	PUNCT
taxlaw-2799	1719	38	there	there	PRON
taxlaw-2799	1719	39	is	be	VERB
taxlaw-2799	1719	40	no	no	DET
taxlaw-2799	1719	41	“	"	PUNCT
taxlaw-2799	1719	42	obligation	obligation	NOUN
taxlaw-2799	1719	43	”	"	PUNCT
taxlaw-2799	1719	44	of	of	ADP
taxlaw-2799	1719	45	a	a	DET
taxlaw-2799	1719	46	united	united	PROPN
taxlaw-2799	1719	47	states	states	PROPN
taxlaw-2799	1719	48	person	person	NOUN
taxlaw-2799	1719	49	within	within	ADP
taxlaw-2799	1719	50	the	the	DET
taxlaw-2799	1719	51	meaning	meaning	NOUN
taxlaw-2799	1719	52	of	of	ADP
taxlaw-2799	1719	53	§	§	PROPN
taxlaw-2799	1719	54	956	956	NUM
taxlaw-2799	1719	55	because	because	SCONJ
taxlaw-2799	1719	56	the	the	DET
taxlaw-2799	1719	57	u.s	u.s	PROPN
taxlaw-2799	1719	58	.	.	PROPN
taxlaw-2799	1719	59	affiliate	affiliate	NOUN
taxlaw-2799	1719	60	has	have	AUX
taxlaw-2799	1719	61	already	already	ADV
taxlaw-2799	1719	62	transferred	transfer	VERB
taxlaw-2799	1719	63	a	a	DET
taxlaw-2799	1719	64	like	like	ADJ
taxlaw-2799	1719	65	amount	amount	NOUN
taxlaw-2799	1719	66	of	of	ADP
taxlaw-2799	1719	67	cash	cash	NOUN
taxlaw-2799	1719	68	back	back	ADV
taxlaw-2799	1719	69	to	to	ADP
taxlaw-2799	1719	70	the	the	DET
taxlaw-2799	1719	71	cfc.143	cfc.143	NOUN
taxlaw-2799	1719	72	another	another	DET
taxlaw-2799	1719	73	possible	possible	ADJ
taxlaw-2799	1719	74	path	path	NOUN
taxlaw-2799	1719	75	to	to	ADP
taxlaw-2799	1719	76	that	that	DET
taxlaw-2799	1719	77	conclusion	conclusion	NOUN
taxlaw-2799	1719	78	would	would	AUX
taxlaw-2799	1719	79	be	be	AUX
taxlaw-2799	1719	80	to	to	PART
taxlaw-2799	1719	81	look	look	VERB
taxlaw-2799	1719	82	to	to	ADP
taxlaw-2799	1719	83	the	the	DET
taxlaw-2799	1719	84	statutory	statutory	ADJ
taxlaw-2799	1719	85	exceptions	exception	NOUN
taxlaw-2799	1719	86	to	to	ADP
taxlaw-2799	1719	87	the	the	DET
taxlaw-2799	1719	88	term	term	NOUN
taxlaw-2799	1719	89	“	"	PUNCT
taxlaw-2799	1719	90	united	united	PROPN
taxlaw-2799	1719	91	states	states	PROPN
taxlaw-2799	1719	92	property	property	NOUN
taxlaw-2799	1719	93	.	.	PUNCT
taxlaw-2799	1719	94	”	"	PUNCT
taxlaw-2799	1720	1	section	section	NOUN
taxlaw-2799	1720	2	956	956	NUM
taxlaw-2799	1720	3	expressly	expressly	ADV
taxlaw-2799	1720	4	provides	provide	VERB
taxlaw-2799	1720	5	two	two	NUM
taxlaw-2799	1720	6	exceptions	exception	NOUN
taxlaw-2799	1720	7	for	for	ADP
taxlaw-2799	1720	8	transactions	transaction	NOUN
taxlaw-2799	1720	9	in	in	ADP
taxlaw-2799	1720	10	which	which	PRON
taxlaw-2799	1720	11	it	it	PRON
taxlaw-2799	1720	12	is	be	AUX
taxlaw-2799	1720	13	customary	customary	ADJ
taxlaw-2799	1720	14	to	to	PART
taxlaw-2799	1720	15	provide	provide	VERB
taxlaw-2799	1720	16	collateral	collateral	NOUN
taxlaw-2799	1720	17	.	.	PUNCT
taxlaw-2799	1721	1	section	section	NOUN
taxlaw-2799	1721	2	956(c)(2)(j	956(c)(2)(j	PROPN
taxlaw-2799	1721	3	)	)	PUNCT
taxlaw-2799	1721	4	provides	provide	VERB
taxlaw-2799	1721	5	in	in	ADP
taxlaw-2799	1721	6	relevant	relevant	ADJ
taxlaw-2799	1721	7	part	part	NOUN
taxlaw-2799	1721	8	that	that	PRON
taxlaw-2799	1721	9	united	united	PROPN
taxlaw-2799	1721	10	states	states	PROPN
taxlaw-2799	1721	11	property	property	NOUN
taxlaw-2799	1721	12	does	do	AUX
taxlaw-2799	1721	13	not	not	PART
taxlaw-2799	1721	14	include	include	VERB
taxlaw-2799	1721	15	an	an	DET
taxlaw-2799	1721	16	obligation	obligation	NOUN
taxlaw-2799	1721	17	of	of	ADP
taxlaw-2799	1721	18	a	a	DET
taxlaw-2799	1721	19	u.s	u.s	PROPN
taxlaw-2799	1721	20	.	.	PROPN
taxlaw-2799	1721	21	person	person	NOUN
taxlaw-2799	1721	22	to	to	ADP
taxlaw-2799	1721	23	the	the	DET
taxlaw-2799	1721	24	extent	extent	NOUN
taxlaw-2799	1721	25	that	that	SCONJ
taxlaw-2799	1721	26	the	the	DET
taxlaw-2799	1721	27	principal	principal	ADJ
taxlaw-2799	1721	28	amount	amount	NOUN
taxlaw-2799	1721	29	of	of	ADP
taxlaw-2799	1721	30	the	the	DET
taxlaw-2799	1721	31	obligation	obligation	NOUN
taxlaw-2799	1721	32	does	do	AUX
taxlaw-2799	1721	33	not	not	PART
taxlaw-2799	1721	34	exceed	exceed	VERB
taxlaw-2799	1721	35	the	the	DET
taxlaw-2799	1721	36	fair	fair	ADJ
taxlaw-2799	1721	37	market	market	NOUN
taxlaw-2799	1721	38	value	value	NOUN
taxlaw-2799	1721	39	of	of	ADP
taxlaw-2799	1721	40	readily	readily	ADV
taxlaw-2799	1721	41	marketable	marketable	ADJ
taxlaw-2799	1721	42	securities	security	NOUN
taxlaw-2799	1721	43	posted	post	VERB
taxlaw-2799	1721	44	or	or	CCONJ
taxlaw-2799	1721	45	received	receive	VERB
taxlaw-2799	1721	46	as	as	ADP
taxlaw-2799	1721	47	143	143	NUM
taxlaw-2799	1721	48	the	the	DET
taxlaw-2799	1721	49	term	term	NOUN
taxlaw-2799	1721	50	“	"	PUNCT
taxlaw-2799	1721	51	obligation	obligation	NOUN
taxlaw-2799	1721	52	”	"	PUNCT
taxlaw-2799	1721	53	is	be	AUX
taxlaw-2799	1721	54	not	not	PART
taxlaw-2799	1721	55	defined	define	VERB
taxlaw-2799	1721	56	in	in	ADP
taxlaw-2799	1721	57	the	the	DET
taxlaw-2799	1721	58	statute	statute	NOUN
taxlaw-2799	1721	59	.	.	PUNCT
taxlaw-2799	1722	1	temp	temp	NOUN
taxlaw-2799	1722	2	.	.	PUNCT
taxlaw-2799	1723	1	treas	treas	PROPN
taxlaw-2799	1723	2	.	.	PUNCT
taxlaw-2799	1724	1	reg	reg	PROPN
taxlaw-2799	1724	2	.	.	PUNCT
taxlaw-2799	1725	1	§	§	PROPN
taxlaw-2799	1725	2	1.9562t(d)(2	1.9562t(d)(2	NUM
taxlaw-2799	1725	3	)	)	PUNCT
taxlaw-2799	1725	4	(	(	PUNCT
taxlaw-2799	1725	5	2008	2008	NUM
taxlaw-2799	1725	6	)	)	PUNCT
taxlaw-2799	1725	7	defines	define	VERB
taxlaw-2799	1725	8	it	it	PRON
taxlaw-2799	1725	9	to	to	PART
taxlaw-2799	1725	10	include	include	VERB
taxlaw-2799	1725	11	any	any	DET
taxlaw-2799	1725	12	form	form	NOUN
taxlaw-2799	1725	13	of	of	ADP
taxlaw-2799	1725	14	indebtedness	indebtedness	NOUN
taxlaw-2799	1725	15	.	.	PUNCT
taxlaw-2799	1726	1	86	86	NUM
taxlaw-2799	1726	2	columbia	columbia	PROPN
taxlaw-2799	1726	3	jour	jour	PROPN
taxlaw-2799	1726	4	al	al	PROPN
taxlaw-2799	1726	5	of	of	ADP
taxlaw-2799	1726	6	tax	tax	NOUN
taxlaw-2799	1726	7	law	law	NOUN
taxlaw-2799	1726	8	[	[	X
taxlaw-2799	1726	9	vol	vol	NOUN
taxlaw-2799	1726	10	.	.	PUNCT
taxlaw-2799	1726	11	2:1	2:1	NUM
taxlaw-2799	1726	12	collateral	collateral	NOUN
taxlaw-2799	1726	13	for	for	ADP
taxlaw-2799	1726	14	the	the	DET
taxlaw-2799	1726	15	obligation	obligation	NOUN
taxlaw-2799	1726	16	in	in	ADP
taxlaw-2799	1726	17	the	the	DET
taxlaw-2799	1726	18	ordinary	ordinary	ADJ
taxlaw-2799	1726	19	course	course	NOUN
taxlaw-2799	1726	20	of	of	ADP
taxlaw-2799	1726	21	its	its	PRON
taxlaw-2799	1726	22	business	business	NOUN
taxlaw-2799	1726	23	by	by	ADP
taxlaw-2799	1726	24	a	a	DET
taxlaw-2799	1726	25	united	united	PROPN
taxlaw-2799	1726	26	states	state	NOUN
taxlaw-2799	1726	27	or	or	CCONJ
taxlaw-2799	1726	28	foreign	foreign	ADJ
taxlaw-2799	1726	29	person	person	NOUN
taxlaw-2799	1726	30	which	which	PRON
taxlaw-2799	1726	31	is	be	AUX
taxlaw-2799	1726	32	a	a	DET
taxlaw-2799	1726	33	dealer	dealer	NOUN
taxlaw-2799	1726	34	in	in	ADP
taxlaw-2799	1726	35	securities	security	NOUN
taxlaw-2799	1726	36	.	.	PUNCT
taxlaw-2799	1727	1	thus	thus	ADV
taxlaw-2799	1727	2	,	,	PUNCT
taxlaw-2799	1727	3	if	if	SCONJ
taxlaw-2799	1727	4	the	the	DET
taxlaw-2799	1727	5	cfc	cfc	NOUN
taxlaw-2799	1727	6	made	make	VERB
taxlaw-2799	1727	7	an	an	DET
taxlaw-2799	1727	8	upfront	upfront	ADJ
taxlaw-2799	1727	9	payment	payment	NOUN
taxlaw-2799	1727	10	to	to	ADP
taxlaw-2799	1727	11	a	a	DET
taxlaw-2799	1727	12	u.s	u.s	PROPN
taxlaw-2799	1727	13	.	.	PROPN
taxlaw-2799	1727	14	affiliate	affiliate	NOUN
taxlaw-2799	1727	15	of	of	ADP
taxlaw-2799	1727	16	$	$	SYM
taxlaw-2799	1727	17	4,210,000	4,210,000	NUM
taxlaw-2799	1727	18	while	while	SCONJ
taxlaw-2799	1727	19	the	the	DET
taxlaw-2799	1727	20	affiliate	affiliate	NOUN
taxlaw-2799	1727	21	in	in	ADP
taxlaw-2799	1727	22	turn	turn	NOUN
taxlaw-2799	1727	23	provided	provide	VERB
taxlaw-2799	1727	24	variation	variation	NOUN
taxlaw-2799	1727	25	margin	margin	NOUN
taxlaw-2799	1727	26	in	in	ADP
taxlaw-2799	1727	27	the	the	DET
taxlaw-2799	1727	28	form	form	NOUN
taxlaw-2799	1727	29	of	of	ADP
taxlaw-2799	1727	30	readily	readily	ADV
taxlaw-2799	1727	31	marketable	marketable	ADJ
taxlaw-2799	1727	32	securities	security	NOUN
taxlaw-2799	1727	33	with	with	ADP
taxlaw-2799	1727	34	a	a	DET
taxlaw-2799	1727	35	value	value	NOUN
taxlaw-2799	1727	36	of	of	ADP
taxlaw-2799	1727	37	$	$	SYM
taxlaw-2799	1727	38	4,210,000	4,210,000	NUM
taxlaw-2799	1727	39	,	,	PUNCT
taxlaw-2799	1727	40	and	and	CCONJ
taxlaw-2799	1727	41	one	one	NUM
taxlaw-2799	1727	42	of	of	ADP
taxlaw-2799	1727	43	the	the	DET
taxlaw-2799	1727	44	parties	party	NOUN
taxlaw-2799	1727	45	was	be	AUX
taxlaw-2799	1727	46	a	a	DET
taxlaw-2799	1727	47	dealer	dealer	NOUN
taxlaw-2799	1727	48	in	in	ADP
taxlaw-2799	1727	49	securities	security	NOUN
taxlaw-2799	1727	50	acting	act	VERB
taxlaw-2799	1727	51	in	in	ADP
taxlaw-2799	1727	52	the	the	DET
taxlaw-2799	1727	53	ordinary	ordinary	ADJ
taxlaw-2799	1727	54	course	course	NOUN
taxlaw-2799	1727	55	of	of	ADP
taxlaw-2799	1727	56	its	its	PRON
taxlaw-2799	1727	57	business	business	NOUN
taxlaw-2799	1727	58	,	,	PUNCT
taxlaw-2799	1727	59	there	there	PRON
taxlaw-2799	1727	60	would	would	AUX
taxlaw-2799	1727	61	be	be	AUX
taxlaw-2799	1727	62	no	no	DET
taxlaw-2799	1727	63	united	united	PROPN
taxlaw-2799	1727	64	states	states	PROPN
taxlaw-2799	1727	65	property	property	NOUN
taxlaw-2799	1727	66	for	for	ADP
taxlaw-2799	1727	67	§	§	PROPN
taxlaw-2799	1727	68	956	956	NUM
taxlaw-2799	1727	69	purposes	purpose	NOUN
taxlaw-2799	1727	70	.	.	PUNCT
taxlaw-2799	1728	1	a	a	DET
taxlaw-2799	1728	2	rational	rational	ADJ
taxlaw-2799	1728	3	tax	tax	NOUN
taxlaw-2799	1728	4	regime	regime	NOUN
taxlaw-2799	1728	5	would	would	AUX
taxlaw-2799	1728	6	not	not	PART
taxlaw-2799	1728	7	provide	provide	VERB
taxlaw-2799	1728	8	a	a	DET
taxlaw-2799	1728	9	worse	bad	ADJ
taxlaw-2799	1728	10	result	result	NOUN
taxlaw-2799	1728	11	if	if	SCONJ
taxlaw-2799	1728	12	the	the	DET
taxlaw-2799	1728	13	variation	variation	NOUN
taxlaw-2799	1728	14	margin	margin	NOUN
taxlaw-2799	1728	15	is	be	AUX
taxlaw-2799	1728	16	in	in	ADP
taxlaw-2799	1728	17	a	a	DET
taxlaw-2799	1728	18	form	form	NOUN
taxlaw-2799	1728	19	–	–	PUNCT
taxlaw-2799	1728	20	cash	cash	NOUN
taxlaw-2799	1728	21	–	–	PUNCT
taxlaw-2799	1728	22	that	that	PRON
taxlaw-2799	1728	23	completely	completely	ADV
taxlaw-2799	1728	24	offsets	offset	VERB
taxlaw-2799	1728	25	the	the	DET
taxlaw-2799	1728	26	obligation	obligation	NOUN
taxlaw-2799	1728	27	in	in	ADP
taxlaw-2799	1728	28	the	the	DET
taxlaw-2799	1728	29	first	first	ADJ
taxlaw-2799	1728	30	place	place	NOUN
taxlaw-2799	1728	31	.	.	PUNCT
taxlaw-2799	1729	1	now	now	ADV
taxlaw-2799	1729	2	let	let	VERB
taxlaw-2799	1729	3	us	we	PRON
taxlaw-2799	1729	4	reverse	reverse	VERB
taxlaw-2799	1729	5	the	the	DET
taxlaw-2799	1729	6	facts	fact	NOUN
taxlaw-2799	1729	7	,	,	PUNCT
taxlaw-2799	1729	8	and	and	CCONJ
taxlaw-2799	1729	9	assume	assume	VERB
taxlaw-2799	1729	10	that	that	SCONJ
taxlaw-2799	1729	11	the	the	DET
taxlaw-2799	1729	12	u.s	u.s	PROPN
taxlaw-2799	1729	13	.	.	PROPN
taxlaw-2799	1729	14	affiliate	affiliate	NOUN
taxlaw-2799	1729	15	makes	make	VERB
taxlaw-2799	1729	16	a	a	DET
taxlaw-2799	1729	17	$	$	SYM
taxlaw-2799	1729	18	4,210,000	4,210,000	NUM
taxlaw-2799	1729	19	upfront	upfront	ADJ
taxlaw-2799	1729	20	payment	payment	NOUN
taxlaw-2799	1729	21	on	on	ADP
taxlaw-2799	1729	22	an	an	DET
taxlaw-2799	1729	23	interest	interest	NOUN
taxlaw-2799	1729	24	rate	rate	NOUN
taxlaw-2799	1729	25	swap	swap	NOUN
taxlaw-2799	1729	26	to	to	ADP
taxlaw-2799	1729	27	the	the	DET
taxlaw-2799	1729	28	cfc	cfc	NOUN
taxlaw-2799	1729	29	,	,	PUNCT
taxlaw-2799	1729	30	and	and	CCONJ
taxlaw-2799	1729	31	on	on	ADP
taxlaw-2799	1729	32	the	the	DET
taxlaw-2799	1729	33	same	same	ADJ
taxlaw-2799	1729	34	day	day	NOUN
taxlaw-2799	1729	35	the	the	DET
taxlaw-2799	1729	36	cfc	cfc	NOUN
taxlaw-2799	1729	37	provides	provide	VERB
taxlaw-2799	1729	38	$	$	SYM
taxlaw-2799	1729	39	4,210,000	4,210,000	NUM
taxlaw-2799	1729	40	variation	variation	NOUN
taxlaw-2799	1729	41	margin	margin	NOUN
taxlaw-2799	1729	42	to	to	ADP
taxlaw-2799	1729	43	the	the	DET
taxlaw-2799	1729	44	affiliate	affiliate	NOUN
taxlaw-2799	1729	45	.	.	PUNCT
taxlaw-2799	1730	1	section	section	PROPN
taxlaw-2799	1730	2	956(c)(2)(i	956(c)(2)(i	NUM
taxlaw-2799	1730	3	)	)	PUNCT
taxlaw-2799	1730	4	provides	provide	VERB
taxlaw-2799	1730	5	in	in	ADP
taxlaw-2799	1730	6	relevant	relevant	ADJ
taxlaw-2799	1730	7	part	part	NOUN
taxlaw-2799	1730	8	that	that	PRON
taxlaw-2799	1730	9	united	united	PROPN
taxlaw-2799	1730	10	states	states	PROPN
taxlaw-2799	1730	11	property	property	NOUN
taxlaw-2799	1730	12	does	do	AUX
taxlaw-2799	1730	13	not	not	PART
taxlaw-2799	1730	14	include	include	VERB
taxlaw-2799	1730	15	“	"	PUNCT
taxlaw-2799	1730	16	deposits	deposit	NOUN
taxlaw-2799	1730	17	of	of	ADP
taxlaw-2799	1730	18	cash	cash	NOUN
taxlaw-2799	1730	19	made	make	VERB
taxlaw-2799	1730	20	or	or	CCONJ
taxlaw-2799	1730	21	received	receive	VERB
taxlaw-2799	1730	22	on	on	ADP
taxlaw-2799	1730	23	commercial	commercial	ADJ
taxlaw-2799	1730	24	terms	term	NOUN
taxlaw-2799	1730	25	in	in	ADP
taxlaw-2799	1730	26	the	the	DET
taxlaw-2799	1730	27	ordinary	ordinary	ADJ
taxlaw-2799	1730	28	course	course	NOUN
taxlaw-2799	1730	29	of	of	ADP
taxlaw-2799	1730	30	a	a	DET
taxlaw-2799	1730	31	united	united	ADJ
taxlaw-2799	1730	32	states	state	NOUN
taxlaw-2799	1730	33	or	or	CCONJ
taxlaw-2799	1730	34	foreign	foreign	ADJ
taxlaw-2799	1730	35	person	person	NOUN
taxlaw-2799	1730	36	’s	’s	PART
taxlaw-2799	1730	37	business	business	NOUN
taxlaw-2799	1730	38	as	as	ADP
taxlaw-2799	1730	39	a	a	DET
taxlaw-2799	1730	40	dealer	dealer	NOUN
taxlaw-2799	1730	41	in	in	ADP
taxlaw-2799	1730	42	securities	security	NOUN
taxlaw-2799	1730	43	.	.	PUNCT
taxlaw-2799	1730	44	.	.	PUNCT
taxlaw-2799	1730	45	.	.	PUNCT
taxlaw-2799	1731	1	.	.	PUNCT
taxlaw-2799	1732	1	,	,	PUNCT
taxlaw-2799	1732	2	but	but	CCONJ
taxlaw-2799	1732	3	only	only	ADV
taxlaw-2799	1732	4	to	to	ADP
taxlaw-2799	1732	5	the	the	DET
taxlaw-2799	1732	6	extent	extent	NOUN
taxlaw-2799	1732	7	that	that	SCONJ
taxlaw-2799	1732	8	such	such	ADJ
taxlaw-2799	1732	9	deposits	deposit	NOUN
taxlaw-2799	1732	10	are	be	AUX
taxlaw-2799	1732	11	made	make	VERB
taxlaw-2799	1732	12	or	or	CCONJ
taxlaw-2799	1732	13	received	receive	VERB
taxlaw-2799	1732	14	as	as	ADP
taxlaw-2799	1732	15	collateral	collateral	NOUN
taxlaw-2799	1732	16	or	or	CCONJ
taxlaw-2799	1732	17	margin	margin	VERB
taxlaw-2799	1732	18	for	for	ADP
taxlaw-2799	1732	19	(	(	PUNCT
taxlaw-2799	1732	20	i	i	NOUN
taxlaw-2799	1732	21	)	)	PUNCT
taxlaw-2799	1732	22	a.	a.	NOUN
taxlaw-2799	1732	23	.	.	PUNCT
taxlaw-2799	1733	1	.	.	PUNCT
taxlaw-2799	1734	1	.notional	.notional	ADJ
taxlaw-2799	1734	2	principal	principal	ADJ
taxlaw-2799	1734	3	contract	contract	NOUN
taxlaw-2799	1735	1	[	[	X
taxlaw-2799	1735	2	or	or	CCONJ
taxlaw-2799	1735	3	]	]	PUNCT
taxlaw-2799	1735	4	options	option	NOUN
taxlaw-2799	1735	5	contract	contract	NOUN
taxlaw-2799	1735	6	.	.	PUNCT
taxlaw-2799	1735	7	”	"	PUNCT
taxlaw-2799	1736	1	it	it	PRON
taxlaw-2799	1736	2	should	should	AUX
taxlaw-2799	1736	3	be	be	AUX
taxlaw-2799	1736	4	clear	clear	ADJ
taxlaw-2799	1736	5	in	in	ADP
taxlaw-2799	1736	6	this	this	DET
taxlaw-2799	1736	7	case	case	NOUN
taxlaw-2799	1736	8	,	,	PUNCT
taxlaw-2799	1736	9	without	without	ADP
taxlaw-2799	1736	10	regard	regard	NOUN
taxlaw-2799	1736	11	to	to	ADP
taxlaw-2799	1736	12	the	the	DET
taxlaw-2799	1736	13	netting	net	VERB
taxlaw-2799	1736	14	argument	argument	NOUN
taxlaw-2799	1736	15	,	,	PUNCT
taxlaw-2799	1736	16	that	that	SCONJ
taxlaw-2799	1736	17	there	there	PRON
taxlaw-2799	1736	18	is	be	VERB
taxlaw-2799	1736	19	no	no	DET
taxlaw-2799	1736	20	united	united	PROPN
taxlaw-2799	1736	21	states	states	PROPN
taxlaw-2799	1736	22	property	property	NOUN
taxlaw-2799	1736	23	.	.	PUNCT
taxlaw-2799	1737	1	the	the	DET
taxlaw-2799	1737	2	next	next	ADJ
taxlaw-2799	1737	3	question	question	NOUN
taxlaw-2799	1737	4	to	to	PART
taxlaw-2799	1737	5	consider	consider	VERB
taxlaw-2799	1737	6	is	be	AUX
taxlaw-2799	1737	7	who	who	PRON
taxlaw-2799	1737	8	should	should	AUX
taxlaw-2799	1737	9	be	be	AUX
taxlaw-2799	1737	10	treated	treat	VERB
taxlaw-2799	1737	11	as	as	ADP
taxlaw-2799	1737	12	the	the	DET
taxlaw-2799	1737	13	recipient	recipient	NOUN
taxlaw-2799	1737	14	of	of	ADP
taxlaw-2799	1737	15	an	an	DET
taxlaw-2799	1737	16	upfront	upfront	ADJ
taxlaw-2799	1737	17	payment	payment	NOUN
taxlaw-2799	1737	18	.	.	PUNCT
taxlaw-2799	1738	1	as	as	SCONJ
taxlaw-2799	1738	2	described	describe	VERB
taxlaw-2799	1738	3	in	in	ADP
taxlaw-2799	1738	4	section	section	NOUN
taxlaw-2799	1738	5	ii.a.1	ii.a.1	NOUN
taxlaw-2799	1738	6	,	,	PUNCT
taxlaw-2799	1738	7	in	in	ADP
taxlaw-2799	1738	8	practice	practice	NOUN
taxlaw-2799	1738	9	a	a	DET
taxlaw-2799	1738	10	derivatives	derivative	NOUN
taxlaw-2799	1738	11	clearinghouse	clearinghouse	NOUN
taxlaw-2799	1738	12	faces	face	VERB
taxlaw-2799	1738	13	its	its	PRON
taxlaw-2799	1738	14	clearing	clearing	NOUN
taxlaw-2799	1738	15	members	member	NOUN
taxlaw-2799	1738	16	.	.	PUNCT
taxlaw-2799	1739	1	as	as	ADP
taxlaw-2799	1739	2	a	a	DET
taxlaw-2799	1739	3	result	result	NOUN
taxlaw-2799	1739	4	,	,	PUNCT
taxlaw-2799	1739	5	when	when	SCONJ
taxlaw-2799	1739	6	party	party	PROPN
taxlaw-2799	1739	7	a	a	PRON
taxlaw-2799	1739	8	and	and	CCONJ
taxlaw-2799	1739	9	party	party	NOUN
taxlaw-2799	1739	10	b	b	PROPN
taxlaw-2799	1739	11	submit	submit	VERB
taxlaw-2799	1739	12	a	a	DET
taxlaw-2799	1739	13	swap	swap	NOUN
taxlaw-2799	1739	14	negotiated	negotiate	VERB
taxlaw-2799	1739	15	in	in	ADP
taxlaw-2799	1739	16	the	the	DET
taxlaw-2799	1739	17	otc	otc	PROPN
taxlaw-2799	1739	18	market	market	NOUN
taxlaw-2799	1739	19	to	to	PART
taxlaw-2799	1739	20	be	be	AUX
taxlaw-2799	1739	21	cleared	clear	VERB
taxlaw-2799	1739	22	,	,	PUNCT
taxlaw-2799	1739	23	each	each	PRON
taxlaw-2799	1739	24	of	of	ADP
taxlaw-2799	1739	25	party	party	PROPN
taxlaw-2799	1739	26	a	a	PRON
taxlaw-2799	1739	27	and	and	CCONJ
taxlaw-2799	1739	28	party	party	PROPN
taxlaw-2799	1739	29	b	b	PROPN
taxlaw-2799	1739	30	will	will	AUX
taxlaw-2799	1739	31	act	act	VERB
taxlaw-2799	1739	32	through	through	ADP
taxlaw-2799	1739	33	a	a	DET
taxlaw-2799	1739	34	clearing	clearing	NOUN
taxlaw-2799	1739	35	member	member	NOUN
taxlaw-2799	1739	36	,	,	PUNCT
taxlaw-2799	1739	37	usually	usually	ADV
taxlaw-2799	1739	38	an	an	DET
taxlaw-2799	1739	39	fcm	fcm	X
taxlaw-2799	1739	40	.	.	PUNCT
taxlaw-2799	1740	1	the	the	DET
taxlaw-2799	1740	2	flow	flow	NOUN
taxlaw-2799	1740	3	of	of	ADP
taxlaw-2799	1740	4	payments	payment	NOUN
taxlaw-2799	1740	5	thus	thus	ADV
taxlaw-2799	1740	6	will	will	AUX
taxlaw-2799	1740	7	be	be	AUX
taxlaw-2799	1740	8	from	from	ADP
taxlaw-2799	1740	9	party	party	NOUN
taxlaw-2799	1740	10	a	a	PRON
taxlaw-2799	1740	11	to	to	ADP
taxlaw-2799	1740	12	its	its	PRON
taxlaw-2799	1740	13	clearing	clearing	NOUN
taxlaw-2799	1740	14	member	member	NOUN
taxlaw-2799	1740	15	to	to	ADP
taxlaw-2799	1740	16	the	the	DET
taxlaw-2799	1740	17	clearinghouse	clearinghouse	NOUN
taxlaw-2799	1740	18	,	,	PUNCT
taxlaw-2799	1740	19	and	and	CCONJ
taxlaw-2799	1740	20	then	then	ADV
taxlaw-2799	1740	21	from	from	ADP
taxlaw-2799	1740	22	the	the	DET
taxlaw-2799	1740	23	clearinghouse	clearinghouse	NOUN
taxlaw-2799	1740	24	to	to	ADP
taxlaw-2799	1740	25	party	party	PROPN
taxlaw-2799	1740	26	b	b	PROPN
taxlaw-2799	1740	27	’s	’s	PART
taxlaw-2799	1740	28	clearing	clearing	NOUN
taxlaw-2799	1740	29	member	member	NOUN
taxlaw-2799	1740	30	to	to	ADP
taxlaw-2799	1740	31	party	party	PROPN
taxlaw-2799	1740	32	b	b	PROPN
taxlaw-2799	1740	33	,	,	PUNCT
taxlaw-2799	1740	34	and	and	CCONJ
taxlaw-2799	1740	35	vice	vice	ADV
taxlaw-2799	1740	36	versa	versa	ADV
taxlaw-2799	1740	37	.	.	PUNCT
taxlaw-2799	1741	1	economically	economically	ADV
taxlaw-2799	1741	2	both	both	CCONJ
taxlaw-2799	1741	3	the	the	DET
taxlaw-2799	1741	4	clearinghouse	clearinghouse	NOUN
taxlaw-2799	1741	5	and	and	CCONJ
taxlaw-2799	1741	6	the	the	DET
taxlaw-2799	1741	7	clearing	clearing	NOUN
taxlaw-2799	1741	8	member	member	NOUN
taxlaw-2799	1741	9	are	be	AUX
taxlaw-2799	1741	10	conduits	conduit	NOUN
taxlaw-2799	1741	11	,	,	PUNCT
taxlaw-2799	1741	12	albeit	albeit	SCONJ
taxlaw-2799	1741	13	ones	one	NOUN
taxlaw-2799	1741	14	with	with	ADP
taxlaw-2799	1741	15	important	important	ADJ
taxlaw-2799	1741	16	legal	legal	ADJ
taxlaw-2799	1741	17	and	and	CCONJ
taxlaw-2799	1741	18	economic	economic	ADJ
taxlaw-2799	1741	19	roles	role	NOUN
taxlaw-2799	1741	20	,	,	PUNCT
taxlaw-2799	1741	21	so	so	SCONJ
taxlaw-2799	1741	22	that	that	SCONJ
taxlaw-2799	1741	23	one	one	NUM
taxlaw-2799	1741	24	possible	possible	ADJ
taxlaw-2799	1741	25	way	way	NOUN
taxlaw-2799	1741	26	to	to	PART
taxlaw-2799	1741	27	treat	treat	VERB
taxlaw-2799	1741	28	the	the	DET
taxlaw-2799	1741	29	transaction	transaction	NOUN
taxlaw-2799	1741	30	for	for	ADP
taxlaw-2799	1741	31	tax	tax	NOUN
taxlaw-2799	1741	32	purposes	purpose	NOUN
taxlaw-2799	1741	33	would	would	AUX
taxlaw-2799	1741	34	be	be	AUX
taxlaw-2799	1741	35	as	as	SCONJ
taxlaw-2799	1741	36	if	if	SCONJ
taxlaw-2799	1741	37	payments	payment	NOUN
taxlaw-2799	1741	38	were	be	AUX
taxlaw-2799	1741	39	being	be	AUX
taxlaw-2799	1741	40	made	make	VERB
taxlaw-2799	1741	41	from	from	ADP
taxlaw-2799	1741	42	party	party	NOUN
taxlaw-2799	1741	43	a	a	PRON
taxlaw-2799	1741	44	to	to	ADP
taxlaw-2799	1741	45	party	party	PROPN
taxlaw-2799	1741	46	b.	b.	PROPN
taxlaw-2799	1741	47	that	that	DET
taxlaw-2799	1741	48	possibility	possibility	NOUN
taxlaw-2799	1741	49	must	must	AUX
taxlaw-2799	1741	50	almost	almost	ADV
taxlaw-2799	1741	51	immediately	immediately	ADV
taxlaw-2799	1741	52	be	be	AUX
taxlaw-2799	1741	53	rejected	reject	VERB
taxlaw-2799	1741	54	as	as	ADP
taxlaw-2799	1741	55	a	a	DET
taxlaw-2799	1741	56	general	general	ADJ
taxlaw-2799	1741	57	matter	matter	NOUN
taxlaw-2799	1741	58	,	,	PUNCT
taxlaw-2799	1741	59	at	at	ADP
taxlaw-2799	1741	60	least	least	ADJ
taxlaw-2799	1741	61	in	in	ADP
taxlaw-2799	1741	62	the	the	DET
taxlaw-2799	1741	63	absence	absence	NOUN
taxlaw-2799	1741	64	of	of	ADP
taxlaw-2799	1741	65	abuse	abuse	NOUN
taxlaw-2799	1741	66	,	,	PUNCT
taxlaw-2799	1741	67	because	because	SCONJ
taxlaw-2799	1741	68	once	once	SCONJ
taxlaw-2799	1741	69	the	the	DET
taxlaw-2799	1741	70	clearinghouse	clearinghouse	NOUN
taxlaw-2799	1741	71	steps	step	NOUN
taxlaw-2799	1741	72	in	in	ADP
taxlaw-2799	1741	73	between	between	ADP
taxlaw-2799	1741	74	parties	party	NOUN
taxlaw-2799	1741	75	a	a	PRON
taxlaw-2799	1741	76	and	and	CCONJ
taxlaw-2799	1741	77	b	b	ADP
taxlaw-2799	1741	78	their	their	PRON
taxlaw-2799	1741	79	economic	economic	ADJ
taxlaw-2799	1741	80	fates	fate	NOUN
taxlaw-2799	1741	81	are	be	AUX
taxlaw-2799	1741	82	no	no	ADV
taxlaw-2799	1741	83	longer	long	ADV
taxlaw-2799	1741	84	linked	link	VERB
taxlaw-2799	1741	85	.	.	PUNCT
taxlaw-2799	1742	1	for	for	ADP
taxlaw-2799	1742	2	example	example	NOUN
taxlaw-2799	1742	3	,	,	PUNCT
taxlaw-2799	1742	4	party	party	PROPN
taxlaw-2799	1742	5	b	b	PROPN
taxlaw-2799	1742	6	could	could	AUX
taxlaw-2799	1742	7	the	the	DET
taxlaw-2799	1742	8	next	next	ADJ
taxlaw-2799	1742	9	day	day	NOUN
taxlaw-2799	1742	10	enter	enter	VERB
taxlaw-2799	1742	11	into	into	ADP
taxlaw-2799	1742	12	an	an	DET
taxlaw-2799	1742	13	offsetting	offset	VERB
taxlaw-2799	1742	14	transaction	transaction	NOUN
taxlaw-2799	1742	15	with	with	ADP
taxlaw-2799	1742	16	party	party	PROPN
taxlaw-2799	1742	17	c	c	NOUN
taxlaw-2799	1742	18	,	,	PUNCT
taxlaw-2799	1742	19	in	in	ADP
taxlaw-2799	1742	20	which	which	DET
taxlaw-2799	1742	21	case	case	NOUN
taxlaw-2799	1742	22	the	the	DET
taxlaw-2799	1742	23	clearinghouse	clearinghouse	NOUN
taxlaw-2799	1742	24	would	would	AUX
taxlaw-2799	1742	25	close	close	VERB
taxlaw-2799	1742	26	out	out	ADP
taxlaw-2799	1742	27	both	both	PRON
taxlaw-2799	1742	28	of	of	ADP
taxlaw-2799	1742	29	party	party	NOUN
taxlaw-2799	1742	30	b	b	PROPN
taxlaw-2799	1742	31	’s	’s	PART
taxlaw-2799	1742	32	swaps	swap	NOUN
taxlaw-2799	1742	33	and	and	CCONJ
taxlaw-2799	1742	34	leave	leave	VERB
taxlaw-2799	1742	35	party	party	PROPN
taxlaw-2799	1742	36	a	a	PRON
taxlaw-2799	1742	37	and	and	CCONJ
taxlaw-2799	1742	38	party	party	NOUN
taxlaw-2799	1742	39	c	c	PROPN
taxlaw-2799	1742	40	as	as	ADP
taxlaw-2799	1742	41	the	the	DET
taxlaw-2799	1742	42	remaining	remain	VERB
taxlaw-2799	1742	43	counterparties	counterpartie	NOUN
taxlaw-2799	1742	44	.	.	PUNCT
taxlaw-2799	1743	1	it	it	PRON
taxlaw-2799	1743	2	would	would	AUX
taxlaw-2799	1743	3	be	be	AUX
taxlaw-2799	1743	4	both	both	ADV
taxlaw-2799	1743	5	impossible	impossible	ADJ
taxlaw-2799	1743	6	and	and	CCONJ
taxlaw-2799	1743	7	meaningless	meaningless	ADJ
taxlaw-2799	1743	8	to	to	PART
taxlaw-2799	1743	9	try	try	VERB
taxlaw-2799	1743	10	to	to	PART
taxlaw-2799	1743	11	match	match	VERB
taxlaw-2799	1743	12	up	up	ADP
taxlaw-2799	1743	13	the	the	DET
taxlaw-2799	1743	14	parties	party	NOUN
taxlaw-2799	1743	15	a	a	DET
taxlaw-2799	1743	16	,	,	PUNCT
taxlaw-2799	1743	17	b	b	NOUN
taxlaw-2799	1743	18	,	,	PUNCT
taxlaw-2799	1743	19	c	c	PROPN
taxlaw-2799	1743	20	etc	etc	X
taxlaw-2799	1743	21	.	.	X
taxlaw-2799	1744	1	on	on	ADP
taxlaw-2799	1744	2	an	an	DET
taxlaw-2799	1744	3	on	on	ADV
taxlaw-2799	1744	4	-	-	PUNCT
taxlaw-2799	1744	5	going	go	VERB
taxlaw-2799	1744	6	basis	basis	NOUN
taxlaw-2799	1744	7	.	.	PUNCT
taxlaw-2799	1745	1	since	since	SCONJ
taxlaw-2799	1745	2	the	the	DET
taxlaw-2799	1745	3	status	status	NOUN
taxlaw-2799	1745	4	of	of	ADP
taxlaw-2799	1745	5	the	the	DET
taxlaw-2799	1745	6	clearinghouse	clearinghouse	NOUN
taxlaw-2799	1745	7	as	as	ADP
taxlaw-2799	1745	8	the	the	DET
taxlaw-2799	1745	9	counterparty	counterparty	NOUN
taxlaw-2799	1745	10	to	to	ADP
taxlaw-2799	1745	11	all	all	DET
taxlaw-2799	1745	12	transactions	transaction	NOUN
taxlaw-2799	1745	13	has	have	VERB
taxlaw-2799	1745	14	very	very	ADV
taxlaw-2799	1745	15	significant	significant	ADJ
taxlaw-2799	1745	16	economic	economic	ADJ
taxlaw-2799	1745	17	consequences	consequence	NOUN
taxlaw-2799	1745	18	,	,	PUNCT
taxlaw-2799	1745	19	the	the	DET
taxlaw-2799	1745	20	logical	logical	ADJ
taxlaw-2799	1745	21	answer	answer	NOUN
taxlaw-2799	1745	22	to	to	ADP
taxlaw-2799	1745	23	the	the	DET
taxlaw-2799	1745	24	question	question	NOUN
taxlaw-2799	1745	25	posed	pose	VERB
taxlaw-2799	1745	26	above	above	ADV
taxlaw-2799	1745	27	is	be	AUX
taxlaw-2799	1745	28	to	to	PART
taxlaw-2799	1745	29	treat	treat	VERB
taxlaw-2799	1745	30	each	each	DET
taxlaw-2799	1745	31	party	party	NOUN
taxlaw-2799	1745	32	as	as	ADP
taxlaw-2799	1745	33	making	make	VERB
taxlaw-2799	1745	34	payments	payment	NOUN
taxlaw-2799	1745	35	to	to	ADP
taxlaw-2799	1745	36	and	and	CCONJ
taxlaw-2799	1745	37	receiving	receive	VERB
taxlaw-2799	1745	38	payments	payment	NOUN
taxlaw-2799	1745	39	from	from	ADP
taxlaw-2799	1745	40	the	the	DET
taxlaw-2799	1745	41	clearinghouse	clearinghouse	NOUN
taxlaw-2799	1745	42	.	.	PUNCT
taxlaw-2799	1746	1	there	there	PRON
taxlaw-2799	1746	2	is	be	VERB
taxlaw-2799	1746	3	a	a	DET
taxlaw-2799	1746	4	hitch	hitch	NOUN
taxlaw-2799	1746	5	here	here	ADV
taxlaw-2799	1746	6	too	too	ADV
taxlaw-2799	1746	7	,	,	PUNCT
taxlaw-2799	1746	8	though	though	ADV
taxlaw-2799	1746	9	,	,	PUNCT
taxlaw-2799	1746	10	which	which	PRON
taxlaw-2799	1746	11	is	be	AUX
taxlaw-2799	1746	12	that	that	SCONJ
taxlaw-2799	1746	13	some	some	PRON
taxlaw-2799	1746	14	in	in	ADP
taxlaw-2799	1746	15	clearinghouse	clearinghouse	NOUN
taxlaw-2799	1746	16	arrangements	arrangement	NOUN
taxlaw-2799	1746	17	2011	2011	NUM
taxlaw-2799	1746	18	]	]	PUNCT
taxlaw-2799	1747	1	ew	ew	AUX
taxlaw-2799	1747	2	tax	tax	NOUN
taxlaw-2799	1747	3	issues	issue	NOUN
taxlaw-2799	1747	4	arisi	arisi	VERB
taxlaw-2799	1747	5	g	g	PROPN
taxlaw-2799	1747	6	from	from	ADP
taxlaw-2799	1747	7	the	the	DET
taxlaw-2799	1747	8	dodd	dodd	NOUN
taxlaw-2799	1747	9	-	-	PUNCT
taxlaw-2799	1747	10	fra	fra	PROPN
taxlaw-2799	1747	11	k	k	PROPN
taxlaw-2799	1747	12	act	act	PROPN
taxlaw-2799	1747	13	87	87	NUM
taxlaw-2799	1747	14	the	the	DET
taxlaw-2799	1747	15	clearing	clearing	NOUN
taxlaw-2799	1747	16	members	member	NOUN
taxlaw-2799	1747	17	act	act	VERB
taxlaw-2799	1747	18	as	as	ADP
taxlaw-2799	1747	19	agents	agent	NOUN
taxlaw-2799	1747	20	but	but	CCONJ
taxlaw-2799	1747	21	in	in	ADP
taxlaw-2799	1747	22	others	other	NOUN
taxlaw-2799	1747	23	the	the	DET
taxlaw-2799	1747	24	clearing	clearing	NOUN
taxlaw-2799	1747	25	members	member	NOUN
taxlaw-2799	1747	26	act	act	VERB
taxlaw-2799	1747	27	as	as	ADP
taxlaw-2799	1747	28	principals	principal	NOUN
taxlaw-2799	1747	29	,	,	PUNCT
taxlaw-2799	1747	30	for	for	ADP
taxlaw-2799	1747	31	legal	legal	ADJ
taxlaw-2799	1747	32	purposes.144	purposes.144	NOUN
taxlaw-2799	1747	33	the	the	DET
taxlaw-2799	1747	34	real	real	ADJ
taxlaw-2799	1747	35	distinction	distinction	NOUN
taxlaw-2799	1747	36	between	between	ADP
taxlaw-2799	1747	37	these	these	DET
taxlaw-2799	1747	38	legal	legal	ADJ
taxlaw-2799	1747	39	statuses	status	NOUN
taxlaw-2799	1747	40	is	be	AUX
taxlaw-2799	1747	41	not	not	PART
taxlaw-2799	1747	42	clear	clear	ADJ
taxlaw-2799	1747	43	to	to	ADP
taxlaw-2799	1747	44	this	this	DET
taxlaw-2799	1747	45	author	author	NOUN
taxlaw-2799	1747	46	;	;	PUNCT
taxlaw-2799	1747	47	in	in	ADP
taxlaw-2799	1747	48	practice	practice	NOUN
taxlaw-2799	1747	49	all	all	DET
taxlaw-2799	1747	50	clearing	clear	VERB
taxlaw-2799	1747	51	members	member	NOUN
taxlaw-2799	1747	52	appear	appear	VERB
taxlaw-2799	1747	53	to	to	PART
taxlaw-2799	1747	54	perform	perform	VERB
taxlaw-2799	1747	55	some	some	DET
taxlaw-2799	1747	56	agent	agent	NOUN
taxlaw-2799	1747	57	-	-	PUNCT
taxlaw-2799	1747	58	like	like	ADJ
taxlaw-2799	1747	59	functions	function	NOUN
taxlaw-2799	1747	60	(	(	PUNCT
taxlaw-2799	1747	61	i.e.	i.e.	X
taxlaw-2799	1747	62	,	,	PUNCT
taxlaw-2799	1747	63	passing	pass	VERB
taxlaw-2799	1747	64	through	through	ADP
taxlaw-2799	1747	65	payments	payment	NOUN
taxlaw-2799	1747	66	and	and	CCONJ
taxlaw-2799	1747	67	margin	margin	NOUN
taxlaw-2799	1747	68	)	)	PUNCT
taxlaw-2799	1747	69	and	and	CCONJ
taxlaw-2799	1747	70	some	some	DET
taxlaw-2799	1747	71	principal	principal	ADJ
taxlaw-2799	1747	72	-	-	PUNCT
taxlaw-2799	1747	73	like	like	ADJ
taxlaw-2799	1747	74	functions	function	NOUN
taxlaw-2799	1747	75	(	(	PUNCT
taxlaw-2799	1747	76	i.e.	i.e.	X
taxlaw-2799	1747	77	,	,	PUNCT
taxlaw-2799	1747	78	providing	provide	VERB
taxlaw-2799	1747	79	credit	credit	NOUN
taxlaw-2799	1747	80	support	support	NOUN
taxlaw-2799	1747	81	to	to	ADP
taxlaw-2799	1747	82	the	the	DET
taxlaw-2799	1747	83	clearinghouse	clearinghouse	NOUN
taxlaw-2799	1747	84	,	,	PUNCT
taxlaw-2799	1747	85	being	be	AUX
taxlaw-2799	1747	86	the	the	DET
taxlaw-2799	1747	87	face	face	NOUN
taxlaw-2799	1747	88	to	to	ADP
taxlaw-2799	1747	89	customers	customer	NOUN
taxlaw-2799	1747	90	)	)	PUNCT
taxlaw-2799	1747	91	.	.	PUNCT
taxlaw-2799	1748	1	obviously	obviously	ADV
taxlaw-2799	1748	2	it	it	PRON
taxlaw-2799	1748	3	would	would	AUX
taxlaw-2799	1748	4	be	be	AUX
taxlaw-2799	1748	5	preferable	preferable	ADJ
taxlaw-2799	1748	6	for	for	SCONJ
taxlaw-2799	1748	7	tax	tax	NOUN
taxlaw-2799	1748	8	purposes	purpose	NOUN
taxlaw-2799	1748	9	to	to	PART
taxlaw-2799	1748	10	treat	treat	VERB
taxlaw-2799	1748	11	clearing	clearing	NOUN
taxlaw-2799	1748	12	members	member	NOUN
taxlaw-2799	1748	13	either	either	CCONJ
taxlaw-2799	1748	14	always	always	ADV
taxlaw-2799	1748	15	as	as	ADP
taxlaw-2799	1748	16	principals	principal	NOUN
taxlaw-2799	1748	17	or	or	CCONJ
taxlaw-2799	1748	18	always	always	ADV
taxlaw-2799	1748	19	as	as	ADP
taxlaw-2799	1748	20	agents	agent	NOUN
taxlaw-2799	1748	21	.	.	PUNCT
taxlaw-2799	1749	1	such	such	ADJ
taxlaw-2799	1749	2	guidance	guidance	NOUN
taxlaw-2799	1749	3	as	as	SCONJ
taxlaw-2799	1749	4	there	there	PRON
taxlaw-2799	1749	5	is	be	VERB
taxlaw-2799	1749	6	suggests	suggest	NOUN
taxlaw-2799	1749	7	that	that	SCONJ
taxlaw-2799	1749	8	clearing	clearing	NOUN
taxlaw-2799	1749	9	members	member	NOUN
taxlaw-2799	1749	10	should	should	AUX
taxlaw-2799	1749	11	be	be	AUX
taxlaw-2799	1749	12	treated	treat	VERB
taxlaw-2799	1749	13	as	as	ADP
taxlaw-2799	1749	14	agents	agent	NOUN
taxlaw-2799	1749	15	,	,	PUNCT
taxlaw-2799	1749	16	but	but	CCONJ
taxlaw-2799	1749	17	that	that	DET
taxlaw-2799	1749	18	guidance	guidance	NOUN
taxlaw-2799	1749	19	is	be	AUX
taxlaw-2799	1749	20	neither	neither	CCONJ
taxlaw-2799	1749	21	clear	clear	ADJ
taxlaw-2799	1749	22	nor	nor	CCONJ
taxlaw-2799	1749	23	definitive.145	definitive.145	AUX
taxlaw-2799	1749	24	treating	treat	VERB
taxlaw-2799	1749	25	a	a	DET
taxlaw-2799	1749	26	clearing	clearing	NOUN
taxlaw-2799	1749	27	member	member	NOUN
taxlaw-2799	1749	28	as	as	ADP
taxlaw-2799	1749	29	a	a	DET
taxlaw-2799	1749	30	mere	mere	ADJ
taxlaw-2799	1749	31	intermediary	intermediary	NOUN
taxlaw-2799	1749	32	would	would	AUX
taxlaw-2799	1749	33	be	be	AUX
taxlaw-2799	1749	34	consistent	consistent	ADJ
taxlaw-2799	1749	35	,	,	PUNCT
taxlaw-2799	1749	36	however	however	ADV
taxlaw-2799	1749	37	,	,	PUNCT
taxlaw-2799	1749	38	with	with	ADP
taxlaw-2799	1749	39	§	§	PROPN
taxlaw-2799	1749	40	1256	1256	NUM
taxlaw-2799	1749	41	,	,	PUNCT
taxlaw-2799	1749	42	which	which	PRON
taxlaw-2799	1749	43	implicitly	implicitly	ADV
taxlaw-2799	1749	44	treats	treat	VERB
taxlaw-2799	1749	45	taxpayers	taxpayer	NOUN
taxlaw-2799	1749	46	that	that	PRON
taxlaw-2799	1749	47	transact	transact	VERB
taxlaw-2799	1749	48	in	in	ADP
taxlaw-2799	1749	49	futures	future	NOUN
taxlaw-2799	1749	50	contracts	contract	NOUN
taxlaw-2799	1749	51	as	as	ADP
taxlaw-2799	1749	52	directly	directly	ADV
taxlaw-2799	1749	53	entering	enter	VERB
taxlaw-2799	1749	54	into	into	ADP
taxlaw-2799	1749	55	contracts	contract	NOUN
taxlaw-2799	1749	56	that	that	PRON
taxlaw-2799	1749	57	trade	trade	VERB
taxlaw-2799	1749	58	on	on	ADP
taxlaw-2799	1749	59	a	a	DET
taxlaw-2799	1749	60	futures	future	NOUN
taxlaw-2799	1749	61	exchange	exchange	NOUN
taxlaw-2799	1749	62	–	–	PUNCT
taxlaw-2799	1749	63	i.e.	i.e.	X
taxlaw-2799	1749	64	,	,	PUNCT
taxlaw-2799	1749	65	ignoring	ignore	VERB
taxlaw-2799	1749	66	the	the	DET
taxlaw-2799	1749	67	fact	fact	NOUN
taxlaw-2799	1749	68	that	that	SCONJ
taxlaw-2799	1749	69	the	the	DET
taxlaw-2799	1749	70	futures	future	NOUN
taxlaw-2799	1749	71	clearinghouse	clearinghouse	NOUN
taxlaw-2799	1749	72	is	be	AUX
taxlaw-2799	1749	73	dealing	deal	VERB
taxlaw-2799	1749	74	legally	legally	ADV
taxlaw-2799	1749	75	with	with	ADP
taxlaw-2799	1749	76	an	an	DET
taxlaw-2799	1749	77	fcm	fcm	NOUN
taxlaw-2799	1749	78	rather	rather	ADV
taxlaw-2799	1749	79	than	than	ADP
taxlaw-2799	1749	80	the	the	DET
taxlaw-2799	1749	81	customer	customer	NOUN
taxlaw-2799	1749	82	-	-	PUNCT
taxlaw-2799	1749	83	rather	rather	ADV
taxlaw-2799	1749	84	than	than	ADP
taxlaw-2799	1749	85	treating	treat	VERB
taxlaw-2799	1749	86	them	they	PRON
taxlaw-2799	1749	87	as	as	ADP
taxlaw-2799	1749	88	entering	enter	VERB
taxlaw-2799	1749	89	into	into	ADP
taxlaw-2799	1749	90	an	an	DET
taxlaw-2799	1749	91	off	off	ADJ
taxlaw-2799	1749	92	-	-	PUNCT
taxlaw-2799	1749	93	exchange	exchange	NOUN
taxlaw-2799	1749	94	contract	contract	NOUN
taxlaw-2799	1749	95	with	with	ADP
taxlaw-2799	1749	96	a	a	DET
taxlaw-2799	1749	97	fcm	fcm	X
taxlaw-2799	1749	98	.	.	PUNCT
taxlaw-2799	1750	1	the	the	DET
taxlaw-2799	1750	2	remainder	remainder	NOUN
taxlaw-2799	1750	3	of	of	ADP
taxlaw-2799	1750	4	the	the	DET
taxlaw-2799	1750	5	discussion	discussion	NOUN
taxlaw-2799	1750	6	below	below	ADP
taxlaw-2799	1750	7	assumes	assume	VERB
taxlaw-2799	1750	8	that	that	SCONJ
taxlaw-2799	1750	9	an	an	DET
taxlaw-2799	1750	10	upfront	upfront	ADJ
taxlaw-2799	1750	11	payment	payment	NOUN
taxlaw-2799	1750	12	on	on	ADP
taxlaw-2799	1750	13	a	a	DET
taxlaw-2799	1750	14	cleared	clear	VERB
taxlaw-2799	1750	15	swap	swap	NOUN
taxlaw-2799	1750	16	is	be	AUX
taxlaw-2799	1750	17	treated	treat	VERB
taxlaw-2799	1750	18	for	for	ADP
taxlaw-2799	1750	19	u.s	u.s	PROPN
taxlaw-2799	1750	20	.	.	PROPN
taxlaw-2799	1750	21	federal	federal	ADJ
taxlaw-2799	1750	22	income	income	NOUN
taxlaw-2799	1750	23	tax	tax	NOUN
taxlaw-2799	1750	24	purposes	purpose	NOUN
taxlaw-2799	1750	25	as	as	ADP
taxlaw-2799	1750	26	a	a	DET
taxlaw-2799	1750	27	cognizable	cognizable	ADJ
taxlaw-2799	1750	28	payment	payment	NOUN
taxlaw-2799	1750	29	that	that	PRON
taxlaw-2799	1750	30	is	be	AUX
taxlaw-2799	1750	31	made	make	VERB
taxlaw-2799	1750	32	by	by	ADP
taxlaw-2799	1750	33	one	one	NUM
taxlaw-2799	1750	34	party	party	NOUN
taxlaw-2799	1750	35	to	to	ADP
taxlaw-2799	1750	36	the	the	DET
taxlaw-2799	1750	37	swap	swap	NOUN
taxlaw-2799	1750	38	to	to	ADP
taxlaw-2799	1750	39	a	a	DET
taxlaw-2799	1750	40	clearinghouse	clearinghouse	NOUN
taxlaw-2799	1750	41	,	,	PUNCT
taxlaw-2799	1750	42	and	and	CCONJ
taxlaw-2799	1750	43	by	by	ADP
taxlaw-2799	1750	44	the	the	DET
taxlaw-2799	1750	45	clearinghouse	clearinghouse	NOUN
taxlaw-2799	1750	46	to	to	ADP
taxlaw-2799	1750	47	the	the	DET
taxlaw-2799	1750	48	other	other	ADJ
taxlaw-2799	1750	49	party	party	NOUN
taxlaw-2799	1750	50	to	to	ADP
taxlaw-2799	1750	51	the	the	DET
taxlaw-2799	1750	52	swap	swap	NOUN
taxlaw-2799	1750	53	.	.	PUNCT
taxlaw-2799	1751	1	the	the	DET
taxlaw-2799	1751	2	remaining	remain	VERB
taxlaw-2799	1751	3	discussion	discussion	NOUN
taxlaw-2799	1751	4	also	also	ADV
taxlaw-2799	1751	5	ignores	ignore	VERB
taxlaw-2799	1751	6	the	the	DET
taxlaw-2799	1751	7	payment	payment	NOUN
taxlaw-2799	1751	8	of	of	ADP
taxlaw-2799	1751	9	variation	variation	NOUN
taxlaw-2799	1751	10	margin	margin	NOUN
taxlaw-2799	1751	11	,	,	PUNCT
taxlaw-2799	1751	12	except	except	SCONJ
taxlaw-2799	1751	13	where	where	SCONJ
taxlaw-2799	1751	14	specifically	specifically	ADV
taxlaw-2799	1751	15	stated	state	VERB
taxlaw-2799	1751	16	.	.	PUNCT
taxlaw-2799	1752	1	b.	b.	PROPN
taxlaw-2799	1752	2	deemed	deem	VERB
taxlaw-2799	1752	3	loan	loan	NOUN
taxlaw-2799	1752	4	issues	issue	NOUN
taxlaw-2799	1752	5	as	as	SCONJ
taxlaw-2799	1752	6	has	have	AUX
taxlaw-2799	1752	7	been	be	AUX
taxlaw-2799	1752	8	adverted	advert	VERB
taxlaw-2799	1752	9	to	to	ADP
taxlaw-2799	1752	10	earlier	early	ADV
taxlaw-2799	1752	11	in	in	ADP
taxlaw-2799	1752	12	the	the	DET
taxlaw-2799	1752	13	article	article	NOUN
taxlaw-2799	1752	14	,	,	PUNCT
taxlaw-2799	1752	15	there	there	PRON
taxlaw-2799	1752	16	are	be	VERB
taxlaw-2799	1752	17	a	a	DET
taxlaw-2799	1752	18	number	number	NOUN
taxlaw-2799	1752	19	of	of	ADP
taxlaw-2799	1752	20	technical	technical	ADJ
taxlaw-2799	1752	21	and	and	CCONJ
taxlaw-2799	1752	22	practical	practical	ADJ
taxlaw-2799	1752	23	issues	issue	NOUN
taxlaw-2799	1752	24	that	that	PRON
taxlaw-2799	1752	25	require	require	VERB
taxlaw-2799	1752	26	clarification	clarification	NOUN
taxlaw-2799	1752	27	in	in	ADP
taxlaw-2799	1752	28	order	order	NOUN
taxlaw-2799	1752	29	to	to	PART
taxlaw-2799	1752	30	determine	determine	VERB
taxlaw-2799	1752	31	when	when	SCONJ
taxlaw-2799	1752	32	a	a	DET
taxlaw-2799	1752	33	deemed	deem	VERB
taxlaw-2799	1752	34	loan	loan	NOUN
taxlaw-2799	1752	35	arises	arise	VERB
taxlaw-2799	1752	36	as	as	ADP
taxlaw-2799	1752	37	a	a	DET
taxlaw-2799	1752	38	result	result	NOUN
taxlaw-2799	1752	39	of	of	ADP
taxlaw-2799	1752	40	an	an	DET
taxlaw-2799	1752	41	upfront	upfront	ADJ
taxlaw-2799	1752	42	payment	payment	NOUN
taxlaw-2799	1752	43	,	,	PUNCT
taxlaw-2799	1752	44	and	and	CCONJ
taxlaw-2799	1752	45	what	what	PRON
taxlaw-2799	1752	46	the	the	DET
taxlaw-2799	1752	47	payment	payment	NOUN
taxlaw-2799	1752	48	terms	term	NOUN
taxlaw-2799	1752	49	of	of	ADP
taxlaw-2799	1752	50	the	the	DET
taxlaw-2799	1752	51	deemed	deemed	ADJ
taxlaw-2799	1752	52	loan	loan	NOUN
taxlaw-2799	1752	53	are	be	AUX
taxlaw-2799	1752	54	.	.	PUNCT
taxlaw-2799	1753	1	they	they	PRON
taxlaw-2799	1753	2	are	be	AUX
taxlaw-2799	1753	3	(	(	PUNCT
taxlaw-2799	1753	4	i	i	NOUN
taxlaw-2799	1753	5	)	)	PUNCT
taxlaw-2799	1753	6	when	when	SCONJ
taxlaw-2799	1753	7	an	an	DET
taxlaw-2799	1753	8	upfront	upfront	ADJ
taxlaw-2799	1753	9	payment	payment	NOUN
taxlaw-2799	1753	10	is	be	AUX
taxlaw-2799	1753	11	treated	treat	VERB
taxlaw-2799	1753	12	as	as	ADP
taxlaw-2799	1753	13	“	"	PUNCT
taxlaw-2799	1753	14	significant	significant	ADJ
taxlaw-2799	1753	15	,	,	PUNCT
taxlaw-2799	1753	16	”	"	PUNCT
taxlaw-2799	1753	17	because	because	SCONJ
taxlaw-2799	1753	18	ordinarily	ordinarily	ADV
taxlaw-2799	1753	19	only	only	ADV
taxlaw-2799	1753	20	a	a	DET
taxlaw-2799	1753	21	“	"	PUNCT
taxlaw-2799	1753	22	significant	significant	ADJ
taxlaw-2799	1753	23	”	"	PUNCT
taxlaw-2799	1753	24	nonperiodic	nonperiodic	ADJ
taxlaw-2799	1753	25	payment	payment	NOUN
taxlaw-2799	1753	26	is	be	AUX
taxlaw-2799	1753	27	treated	treat	VERB
taxlaw-2799	1753	28	as	as	ADP
taxlaw-2799	1753	29	giving	give	VERB
taxlaw-2799	1753	30	rise	rise	NOUN
taxlaw-2799	1753	31	to	to	ADP
taxlaw-2799	1753	32	a	a	DET
taxlaw-2799	1753	33	deemed	deem	VERB
taxlaw-2799	1753	34	loan	loan	NOUN
taxlaw-2799	1753	35	,	,	PUNCT
taxlaw-2799	1753	36	(	(	PUNCT
taxlaw-2799	1753	37	ii	ii	NOUN
taxlaw-2799	1753	38	)	)	PUNCT
taxlaw-2799	1753	39	how	how	SCONJ
taxlaw-2799	1753	40	to	to	PART
taxlaw-2799	1753	41	distinguish	distinguish	VERB
taxlaw-2799	1753	42	between	between	ADP
taxlaw-2799	1753	43	swaps	swap	NOUN
taxlaw-2799	1753	44	that	that	PRON
taxlaw-2799	1753	45	are	be	AUX
taxlaw-2799	1753	46	subject	subject	ADJ
taxlaw-2799	1753	47	to	to	ADP
taxlaw-2799	1753	48	the	the	DET
taxlaw-2799	1753	49	deemed	deemed	ADJ
taxlaw-2799	1753	50	loan	loan	NOUN
taxlaw-2799	1753	51	rules	rule	NOUN
taxlaw-2799	1753	52	and	and	CCONJ
taxlaw-2799	1753	53	other	other	ADJ
taxlaw-2799	1753	54	derivatives	derivative	NOUN
taxlaw-2799	1753	55	that	that	PRON
taxlaw-2799	1753	56	are	be	AUX
taxlaw-2799	1753	57	not	not	PART
taxlaw-2799	1753	58	,	,	PUNCT
taxlaw-2799	1753	59	and	and	CCONJ
taxlaw-2799	1753	60	(	(	PUNCT
taxlaw-2799	1753	61	iii	iii	NOUN
taxlaw-2799	1753	62	)	)	PUNCT
taxlaw-2799	1753	63	how	how	SCONJ
taxlaw-2799	1753	64	,	,	PUNCT
taxlaw-2799	1753	65	or	or	CCONJ
taxlaw-2799	1753	66	whether	whether	SCONJ
taxlaw-2799	1753	67	,	,	PUNCT
taxlaw-2799	1753	68	to	to	PART
taxlaw-2799	1753	69	take	take	VERB
taxlaw-2799	1753	70	into	into	ADP
taxlaw-2799	1753	71	account	account	NOUN
taxlaw-2799	1753	72	the	the	DET
taxlaw-2799	1753	73	special	special	ADJ
taxlaw-2799	1753	74	characteristics	characteristic	NOUN
taxlaw-2799	1753	75	of	of	ADP
taxlaw-2799	1753	76	cleared	clear	VERB
taxlaw-2799	1753	77	swaps	swap	NOUN
taxlaw-2799	1753	78	.	.	PUNCT
taxlaw-2799	1754	1	1	1	X
taxlaw-2799	1754	2	.	.	PUNCT
taxlaw-2799	1754	3	“	"	PUNCT
taxlaw-2799	1754	4	significance	significance	NOUN
taxlaw-2799	1754	5	”	"	PUNCT
taxlaw-2799	1754	6	.	.	PUNCT
taxlaw-2799	1755	1	treasury	treasury	NOUN
taxlaw-2799	1755	2	regulation	regulation	NOUN
taxlaw-2799	1755	3	§	§	PROPN
taxlaw-2799	1755	4	1.446	1.446	NUM
taxlaw-2799	1755	5	-	-	SYM
taxlaw-2799	1755	6	3	3	NUM
taxlaw-2799	1755	7	does	do	AUX
taxlaw-2799	1755	8	not	not	PART
taxlaw-2799	1755	9	define	define	VERB
taxlaw-2799	1755	10	the	the	DET
taxlaw-2799	1755	11	term	term	NOUN
taxlaw-2799	1755	12	“	"	PUNCT
taxlaw-2799	1755	13	significant	significant	ADJ
taxlaw-2799	1755	14	.	.	PUNCT
taxlaw-2799	1755	15	”	"	PUNCT
taxlaw-2799	1756	1	rather	rather	ADV
taxlaw-2799	1756	2	,	,	PUNCT
taxlaw-2799	1756	3	it	it	PRON
taxlaw-2799	1756	4	illustrates	illustrate	VERB
taxlaw-2799	1756	5	the	the	DET
taxlaw-2799	1756	6	meaning	meaning	NOUN
taxlaw-2799	1756	7	of	of	ADP
taxlaw-2799	1756	8	the	the	DET
taxlaw-2799	1756	9	term	term	NOUN
taxlaw-2799	1756	10	through	through	ADP
taxlaw-2799	1756	11	two	two	NUM
taxlaw-2799	1756	12	examples	example	NOUN
taxlaw-2799	1756	13	,	,	PUNCT
taxlaw-2799	1756	14	which	which	PRON
taxlaw-2799	1756	15	describe	describe	VERB
taxlaw-2799	1756	16	the	the	DET
taxlaw-2799	1756	17	cash	cash	NOUN
taxlaw-2799	1756	18	flows	flow	NOUN
taxlaw-2799	1756	19	on	on	ADP
taxlaw-2799	1756	20	a	a	DET
taxlaw-2799	1756	21	particular	particular	ADJ
taxlaw-2799	1756	22	swap	swap	NOUN
taxlaw-2799	1756	23	and	and	CCONJ
taxlaw-2799	1756	24	then	then	ADV
taxlaw-2799	1756	25	state	state	VERB
taxlaw-2799	1756	26	that	that	SCONJ
taxlaw-2799	1756	27	the	the	DET
taxlaw-2799	1756	28	upfront	upfront	ADJ
taxlaw-2799	1756	29	payment	payment	NOUN
taxlaw-2799	1756	30	is	be	AUX
taxlaw-2799	1756	31	or	or	CCONJ
taxlaw-2799	1756	32	is	be	AUX
taxlaw-2799	1756	33	not	not	PART
taxlaw-2799	1756	34	significant	significant	ADJ
taxlaw-2799	1756	35	.	.	PUNCT
taxlaw-2799	1757	1	both	both	DET
taxlaw-2799	1757	2	examples	example	NOUN
taxlaw-2799	1757	3	concern	concern	NOUN
taxlaw-2799	1757	4	a	a	DET
taxlaw-2799	1757	5	five	five	NUM
taxlaw-2799	1757	6	-	-	PUNCT
taxlaw-2799	1757	7	year	year	NOUN
taxlaw-2799	1757	8	interest	interest	NOUN
taxlaw-2799	1757	9	rate	rate	NOUN
taxlaw-2799	1757	10	swap	swap	NOUN
taxlaw-2799	1757	11	entered	enter	VERB
taxlaw-2799	1757	12	into	into	ADP
taxlaw-2799	1757	13	when	when	SCONJ
taxlaw-2799	1757	14	the	the	DET
taxlaw-2799	1757	15	market	market	NOUN
taxlaw-2799	1757	16	rate	rate	NOUN
taxlaw-2799	1757	17	for	for	ADP
taxlaw-2799	1757	18	such	such	DET
taxlaw-2799	1757	19	a	a	DET
taxlaw-2799	1757	20	swap	swap	NOUN
taxlaw-2799	1757	21	is	be	AUX
taxlaw-2799	1757	22	10	10	NUM
taxlaw-2799	1757	23	percent	percent	NOUN
taxlaw-2799	1757	24	vs.	vs.	ADP
taxlaw-2799	1757	25	libor	libor	PROPN
taxlaw-2799	1757	26	.	.	PUNCT
taxlaw-2799	1758	1	in	in	ADP
taxlaw-2799	1758	2	the	the	DET
taxlaw-2799	1758	3	first	first	ADJ
taxlaw-2799	1758	4	example	example	NOUN
taxlaw-2799	1758	5	,	,	PUNCT
taxlaw-2799	1758	6	party	party	PROPN
taxlaw-2799	1758	7	g	g	PROPN
taxlaw-2799	1758	8	agrees	agree	VERB
taxlaw-2799	1758	9	to	to	PART
taxlaw-2799	1758	10	pay	pay	VERB
taxlaw-2799	1758	11	11	11	NUM
taxlaw-2799	1758	12	percent	percent	NOUN
taxlaw-2799	1758	13	rather	rather	ADV
taxlaw-2799	1758	14	than	than	ADP
taxlaw-2799	1758	15	10	10	NUM
taxlaw-2799	1758	16	percent	percent	NOUN
taxlaw-2799	1758	17	annually	annually	ADV
taxlaw-2799	1758	18	.	.	PUNCT
taxlaw-2799	1759	1	since	since	SCONJ
taxlaw-2799	1759	2	party	party	PROPN
taxlaw-2799	1759	3	g	g	PROPN
taxlaw-2799	1759	4	is	be	AUX
taxlaw-2799	1759	5	paying	pay	VERB
taxlaw-2799	1759	6	more	more	ADJ
taxlaw-2799	1759	7	than	than	ADP
taxlaw-2799	1759	8	the	the	DET
taxlaw-2799	1759	9	market	market	NOUN
taxlaw-2799	1759	10	rate	rate	NOUN
taxlaw-2799	1759	11	,	,	PUNCT
taxlaw-2799	1759	12	party	party	NOUN
taxlaw-2799	1759	13	h	h	NOUN
taxlaw-2799	1759	14	makes	make	VERB
taxlaw-2799	1759	15	an	an	DET
taxlaw-2799	1759	16	upfront	upfront	ADJ
taxlaw-2799	1759	17	payment	payment	NOUN
taxlaw-2799	1759	18	to	to	ADP
taxlaw-2799	1759	19	party	party	NOUN
taxlaw-2799	1759	20	g	g	NOUN
taxlaw-2799	1759	21	equal	equal	ADJ
taxlaw-2799	1759	22	to	to	ADP
taxlaw-2799	1759	23	the	the	DET
taxlaw-2799	1759	24	present	present	ADJ
taxlaw-2799	1759	25	value	value	NOUN
taxlaw-2799	1759	26	of	of	ADP
taxlaw-2799	1759	27	1	1	NUM
taxlaw-2799	1759	28	percent	percent	NOUN
taxlaw-2799	1759	29	over	over	ADP
taxlaw-2799	1759	30	5	5	NUM
taxlaw-2799	1759	31	years.146	years.146	PRON
taxlaw-2799	1759	32	this	this	DET
taxlaw-2799	1759	33	payment	payment	NOUN
taxlaw-2799	1759	34	is	be	AUX
taxlaw-2799	1759	35	not	not	PART
taxlaw-2799	1759	36	“	"	PUNCT
taxlaw-2799	1759	37	significant	significant	ADJ
taxlaw-2799	1759	38	.	.	PUNCT
taxlaw-2799	1759	39	”	"	PUNCT
taxlaw-2799	1760	1	in	in	ADP
taxlaw-2799	1760	2	the	the	DET
taxlaw-2799	1760	3	second	second	ADJ
taxlaw-2799	1760	4	example	example	NOUN
taxlaw-2799	1760	5	,	,	PUNCT
taxlaw-2799	1760	6	party	party	NOUN
taxlaw-2799	1760	7	144	144	NUM
taxlaw-2799	1760	8	see	see	NOUN
taxlaw-2799	1760	9	supra	supra	PROPN
taxlaw-2799	1760	10	note	note	PROPN
taxlaw-2799	1760	11	52	52	NUM
taxlaw-2799	1760	12	.	.	PUNCT
taxlaw-2799	1760	13	145	145	NUM
taxlaw-2799	1761	1	see	see	VERB
taxlaw-2799	1761	2	supra	supra	PROPN
taxlaw-2799	1761	3	note	note	NOUN
taxlaw-2799	1761	4	132	132	NUM
taxlaw-2799	1761	5	and	and	CCONJ
taxlaw-2799	1761	6	accompanying	accompany	VERB
taxlaw-2799	1761	7	text	text	NOUN
taxlaw-2799	1761	8	.	.	PUNCT
taxlaw-2799	1762	1	146	146	NUM
taxlaw-2799	1762	2	treas	trea	NOUN
taxlaw-2799	1762	3	.	.	PUNCT
taxlaw-2799	1763	1	reg	reg	PROPN
taxlaw-2799	1763	2	.	.	PUNCT
taxlaw-2799	1764	1	§	§	PROPN
taxlaw-2799	1764	2	1.446	1.446	NUM
taxlaw-2799	1764	3	-	-	SYM
taxlaw-2799	1764	4	3(g)(6	3(g)(6	NUM
taxlaw-2799	1764	5	)	)	PUNCT
taxlaw-2799	1764	6	,	,	PUNCT
taxlaw-2799	1764	7	example	example	NOUN
taxlaw-2799	1764	8	2	2	NUM
taxlaw-2799	1764	9	(	(	PUNCT
taxlaw-2799	1764	10	1994	1994	NUM
taxlaw-2799	1764	11	)	)	PUNCT
taxlaw-2799	1764	12	.	.	PUNCT
taxlaw-2799	1765	1	88	88	NUM
taxlaw-2799	1765	2	columbia	columbia	PROPN
taxlaw-2799	1765	3	jour	jour	PROPN
taxlaw-2799	1765	4	al	al	PROPN
taxlaw-2799	1765	5	of	of	ADP
taxlaw-2799	1765	6	tax	tax	NOUN
taxlaw-2799	1765	7	law	law	NOUN
taxlaw-2799	1765	8	[	[	X
taxlaw-2799	1765	9	vol	vol	NOUN
taxlaw-2799	1765	10	.	.	PUNCT
taxlaw-2799	1765	11	2:1	2:1	NUM
taxlaw-2799	1766	1	m	m	NOUN
taxlaw-2799	1766	2	agrees	agree	VERB
taxlaw-2799	1766	3	to	to	PART
taxlaw-2799	1766	4	pay	pay	VERB
taxlaw-2799	1766	5	6	6	NUM
taxlaw-2799	1766	6	percent	percent	NOUN
taxlaw-2799	1766	7	rather	rather	ADV
taxlaw-2799	1766	8	than	than	ADP
taxlaw-2799	1766	9	10	10	NUM
taxlaw-2799	1766	10	percent	percent	NOUN
taxlaw-2799	1766	11	annually	annually	ADV
taxlaw-2799	1766	12	.	.	PUNCT
taxlaw-2799	1767	1	since	since	SCONJ
taxlaw-2799	1767	2	party	party	NOUN
taxlaw-2799	1767	3	m	m	VERB
taxlaw-2799	1767	4	is	be	AUX
taxlaw-2799	1767	5	paying	pay	VERB
taxlaw-2799	1767	6	less	less	ADJ
taxlaw-2799	1767	7	than	than	ADP
taxlaw-2799	1767	8	the	the	DET
taxlaw-2799	1767	9	market	market	NOUN
taxlaw-2799	1767	10	rate	rate	NOUN
taxlaw-2799	1767	11	,	,	PUNCT
taxlaw-2799	1767	12	party	party	PROPN
taxlaw-2799	1767	13	m	m	VERB
taxlaw-2799	1767	14	also	also	ADV
taxlaw-2799	1767	15	makes	make	VERB
taxlaw-2799	1767	16	an	an	DET
taxlaw-2799	1767	17	upfront	upfront	ADJ
taxlaw-2799	1767	18	payment	payment	NOUN
taxlaw-2799	1767	19	to	to	ADP
taxlaw-2799	1767	20	party	party	NOUN
taxlaw-2799	1767	21	n	n	CCONJ
taxlaw-2799	1767	22	equal	equal	ADJ
taxlaw-2799	1767	23	to	to	ADP
taxlaw-2799	1767	24	the	the	DET
taxlaw-2799	1767	25	present	present	ADJ
taxlaw-2799	1767	26	value	value	NOUN
taxlaw-2799	1767	27	of	of	ADP
taxlaw-2799	1767	28	4	4	NUM
taxlaw-2799	1767	29	percent	percent	NOUN
taxlaw-2799	1767	30	over	over	ADP
taxlaw-2799	1767	31	5	5	NUM
taxlaw-2799	1767	32	years.147	years.147	NOUN
taxlaw-2799	1767	33	this	this	DET
taxlaw-2799	1767	34	payment	payment	NOUN
taxlaw-2799	1767	35	is	be	AUX
taxlaw-2799	1767	36	“	"	PUNCT
taxlaw-2799	1767	37	significant	significant	ADJ
taxlaw-2799	1767	38	.	.	PUNCT
taxlaw-2799	1767	39	”	"	PUNCT
taxlaw-2799	1768	1	consequently	consequently	ADV
taxlaw-2799	1768	2	,	,	PUNCT
taxlaw-2799	1768	3	current	current	ADJ
taxlaw-2799	1768	4	law	law	NOUN
taxlaw-2799	1768	5	answers	answer	VERB
taxlaw-2799	1768	6	the	the	DET
taxlaw-2799	1768	7	question	question	NOUN
taxlaw-2799	1768	8	of	of	ADP
taxlaw-2799	1768	9	whether	whether	SCONJ
taxlaw-2799	1768	10	an	an	DET
taxlaw-2799	1768	11	upfront	upfront	ADJ
taxlaw-2799	1768	12	payment	payment	NOUN
taxlaw-2799	1768	13	that	that	PRON
taxlaw-2799	1768	14	is	be	AUX
taxlaw-2799	1768	15	either	either	CCONJ
taxlaw-2799	1768	16	10	10	NUM
taxlaw-2799	1768	17	percent	percent	NOUN
taxlaw-2799	1768	18	or	or	CCONJ
taxlaw-2799	1768	19	less	less	ADJ
taxlaw-2799	1768	20	than	than	ADP
taxlaw-2799	1768	21	the	the	DET
taxlaw-2799	1768	22	present	present	ADJ
taxlaw-2799	1768	23	value	value	NOUN
taxlaw-2799	1768	24	of	of	ADP
taxlaw-2799	1768	25	the	the	DET
taxlaw-2799	1768	26	at	at	ADP
taxlaw-2799	1768	27	-	-	PUNCT
taxlaw-2799	1768	28	market	market	NOUN
taxlaw-2799	1768	29	fixed	fix	VERB
taxlaw-2799	1768	30	leg	leg	NOUN
taxlaw-2799	1768	31	payments	payment	NOUN
taxlaw-2799	1768	32	on	on	ADP
taxlaw-2799	1768	33	the	the	DET
taxlaw-2799	1768	34	swap	swap	NOUN
taxlaw-2799	1768	35	,	,	PUNCT
taxlaw-2799	1768	36	or	or	CCONJ
taxlaw-2799	1768	37	40	40	NUM
taxlaw-2799	1768	38	percent	percent	NOUN
taxlaw-2799	1768	39	or	or	CCONJ
taxlaw-2799	1768	40	more	more	ADJ
taxlaw-2799	1768	41	than	than	ADP
taxlaw-2799	1768	42	the	the	DET
taxlaw-2799	1768	43	present	present	ADJ
taxlaw-2799	1768	44	value	value	NOUN
taxlaw-2799	1768	45	of	of	ADP
taxlaw-2799	1768	46	the	the	DET
taxlaw-2799	1768	47	at	at	ADP
taxlaw-2799	1768	48	-	-	PUNCT
taxlaw-2799	1768	49	market	market	NOUN
taxlaw-2799	1768	50	fixed	fix	VERB
taxlaw-2799	1768	51	leg	leg	NOUN
taxlaw-2799	1768	52	payments	payment	NOUN
taxlaw-2799	1768	53	on	on	ADP
taxlaw-2799	1768	54	the	the	DET
taxlaw-2799	1768	55	swap	swap	NOUN
taxlaw-2799	1768	56	,	,	PUNCT
taxlaw-2799	1768	57	is	be	AUX
taxlaw-2799	1768	58	“	"	PUNCT
taxlaw-2799	1768	59	significant	significant	ADJ
taxlaw-2799	1768	60	,	,	PUNCT
taxlaw-2799	1768	61	”	"	PUNCT
taxlaw-2799	1768	62	but	but	CCONJ
taxlaw-2799	1768	63	it	it	PRON
taxlaw-2799	1768	64	provides	provide	VERB
taxlaw-2799	1768	65	no	no	DET
taxlaw-2799	1768	66	guidance	guidance	NOUN
taxlaw-2799	1768	67	for	for	ADP
taxlaw-2799	1768	68	any	any	DET
taxlaw-2799	1768	69	upfront	upfront	ADJ
taxlaw-2799	1768	70	payment	payment	NOUN
taxlaw-2799	1768	71	between	between	ADP
taxlaw-2799	1768	72	those	those	DET
taxlaw-2799	1768	73	two	two	NUM
taxlaw-2799	1768	74	levels	level	NOUN
taxlaw-2799	1768	75	.	.	PUNCT
taxlaw-2799	1769	1	for	for	ADP
taxlaw-2799	1769	2	example	example	NOUN
taxlaw-2799	1769	3	,	,	PUNCT
taxlaw-2799	1769	4	in	in	ADP
taxlaw-2799	1769	5	the	the	DET
taxlaw-2799	1769	6	case	case	NOUN
taxlaw-2799	1769	7	of	of	ADP
taxlaw-2799	1769	8	the	the	DET
taxlaw-2799	1769	9	interest	interest	NOUN
taxlaw-2799	1769	10	rate	rate	NOUN
taxlaw-2799	1769	11	swap	swap	NOUN
taxlaw-2799	1769	12	that	that	PRON
taxlaw-2799	1769	13	pays	pay	VERB
taxlaw-2799	1769	14	5	5	NUM
taxlaw-2799	1769	15	percent	percent	NOUN
taxlaw-2799	1769	16	vs.	vs.	ADP
taxlaw-2799	1769	17	libor	libor	PROPN
taxlaw-2799	1769	18	when	when	SCONJ
taxlaw-2799	1769	19	the	the	DET
taxlaw-2799	1769	20	market	market	NOUN
taxlaw-2799	1769	21	rate	rate	NOUN
taxlaw-2799	1769	22	is	be	AUX
taxlaw-2799	1769	23	6	6	NUM
taxlaw-2799	1769	24	percent	percent	NOUN
taxlaw-2799	1769	25	vs.	vs.	ADP
taxlaw-2799	1769	26	libor	libor	PROPN
taxlaw-2799	1769	27	,	,	PUNCT
taxlaw-2799	1769	28	the	the	DET
taxlaw-2799	1769	29	upfront	upfront	ADJ
taxlaw-2799	1769	30	payment	payment	NOUN
taxlaw-2799	1769	31	is	be	AUX
taxlaw-2799	1769	32	equal	equal	ADJ
taxlaw-2799	1769	33	to	to	ADP
taxlaw-2799	1769	34	the	the	DET
taxlaw-2799	1769	35	present	present	ADJ
taxlaw-2799	1769	36	value	value	NOUN
taxlaw-2799	1769	37	of	of	ADP
taxlaw-2799	1769	38	1/6	1/6	NUM
taxlaw-2799	1769	39	,	,	PUNCT
taxlaw-2799	1769	40	or	or	CCONJ
taxlaw-2799	1769	41	about	about	ADV
taxlaw-2799	1769	42	17	17	NUM
taxlaw-2799	1769	43	percent	percent	NOUN
taxlaw-2799	1769	44	,	,	PUNCT
taxlaw-2799	1769	45	of	of	ADP
taxlaw-2799	1769	46	the	the	DET
taxlaw-2799	1769	47	at	at	ADP
taxlaw-2799	1769	48	-	-	PUNCT
taxlaw-2799	1769	49	market	market	NOUN
taxlaw-2799	1769	50	payments	payment	NOUN
taxlaw-2799	1769	51	on	on	ADP
taxlaw-2799	1769	52	the	the	DET
taxlaw-2799	1769	53	fixed	fixed	ADJ
taxlaw-2799	1769	54	leg	leg	NOUN
taxlaw-2799	1769	55	of	of	ADP
taxlaw-2799	1769	56	the	the	DET
taxlaw-2799	1769	57	swap	swap	NOUN
taxlaw-2799	1769	58	.	.	PUNCT
taxlaw-2799	1770	1	taxpayers	taxpayer	NOUN
taxlaw-2799	1770	2	should	should	AUX
taxlaw-2799	1770	3	not	not	PART
taxlaw-2799	1770	4	have	have	VERB
taxlaw-2799	1770	5	to	to	PART
taxlaw-2799	1770	6	guess	guess	VERB
taxlaw-2799	1770	7	whether	whether	SCONJ
taxlaw-2799	1770	8	that	that	DET
taxlaw-2799	1770	9	payment	payment	NOUN
taxlaw-2799	1770	10	gives	give	VERB
taxlaw-2799	1770	11	rise	rise	NOUN
taxlaw-2799	1770	12	to	to	ADP
taxlaw-2799	1770	13	a	a	DET
taxlaw-2799	1770	14	deemed	deem	VERB
taxlaw-2799	1770	15	loan	loan	NOUN
taxlaw-2799	1770	16	.	.	PUNCT
taxlaw-2799	1771	1	it	it	PRON
taxlaw-2799	1771	2	is	be	AUX
taxlaw-2799	1771	3	in	in	ADP
taxlaw-2799	1771	4	the	the	DET
taxlaw-2799	1771	5	government	government	NOUN
taxlaw-2799	1771	6	’s	’s	PART
taxlaw-2799	1771	7	interest	interest	NOUN
taxlaw-2799	1771	8	to	to	PART
taxlaw-2799	1771	9	clarify	clarify	VERB
taxlaw-2799	1771	10	that	that	DET
taxlaw-2799	1771	11	question	question	NOUN
taxlaw-2799	1771	12	,	,	PUNCT
taxlaw-2799	1771	13	to	to	PART
taxlaw-2799	1771	14	ensure	ensure	VERB
taxlaw-2799	1771	15	that	that	SCONJ
taxlaw-2799	1771	16	taxpayers	taxpayer	NOUN
taxlaw-2799	1771	17	take	take	VERB
taxlaw-2799	1771	18	consistent	consistent	ADJ
taxlaw-2799	1771	19	positions	position	NOUN
taxlaw-2799	1771	20	.	.	PUNCT
taxlaw-2799	1772	1	2	2	X
taxlaw-2799	1772	2	.	.	X
taxlaw-2799	1772	3	distinguishing	distinguish	VERB
taxlaw-2799	1772	4	between	between	ADP
taxlaw-2799	1772	5	“	"	PUNCT
taxlaw-2799	1772	6	swaps	swap	NOUN
taxlaw-2799	1772	7	.	.	PUNCT
taxlaw-2799	1772	8	”	"	PUNCT
taxlaw-2799	1772	9	.	.	PUNCT
taxlaw-2799	1773	1	the	the	DET
taxlaw-2799	1773	2	deemed	deemed	ADJ
taxlaw-2799	1773	3	loan	loan	NOUN
taxlaw-2799	1773	4	rules	rule	NOUN
taxlaw-2799	1773	5	described	describe	VERB
taxlaw-2799	1773	6	above	above	ADV
taxlaw-2799	1773	7	apply	apply	VERB
taxlaw-2799	1773	8	only	only	ADV
taxlaw-2799	1773	9	to	to	ADP
taxlaw-2799	1773	10	npcs	npc	NOUN
taxlaw-2799	1773	11	that	that	PRON
taxlaw-2799	1773	12	are	be	AUX
taxlaw-2799	1773	13	subject	subject	ADJ
taxlaw-2799	1773	14	to	to	ADP
taxlaw-2799	1773	15	treasury	treasury	NOUN
taxlaw-2799	1773	16	regulation	regulation	NOUN
taxlaw-2799	1773	17	§	§	PROPN
taxlaw-2799	1773	18	1.446	1.446	NUM
taxlaw-2799	1773	19	-	-	SYM
taxlaw-2799	1773	20	3	3	NUM
taxlaw-2799	1773	21	.	.	PUNCT
taxlaw-2799	1774	1	actually	actually	ADV
taxlaw-2799	1774	2	,	,	PUNCT
taxlaw-2799	1774	3	they	they	PRON
taxlaw-2799	1774	4	apply	apply	VERB
taxlaw-2799	1774	5	only	only	ADV
taxlaw-2799	1774	6	to	to	ADP
taxlaw-2799	1774	7	a	a	DET
taxlaw-2799	1774	8	subset	subset	NOUN
taxlaw-2799	1774	9	of	of	ADP
taxlaw-2799	1774	10	such	such	ADJ
taxlaw-2799	1774	11	npcs	npc	NOUN
taxlaw-2799	1774	12	,	,	PUNCT
taxlaw-2799	1774	13	namely	namely	ADV
taxlaw-2799	1774	14	npcs	npc	NOUN
taxlaw-2799	1774	15	that	that	PRON
taxlaw-2799	1774	16	qualify	qualify	VERB
taxlaw-2799	1774	17	as	as	ADP
taxlaw-2799	1774	18	“	"	PUNCT
taxlaw-2799	1774	19	swaps	swap	NOUN
taxlaw-2799	1774	20	,	,	PUNCT
taxlaw-2799	1774	21	”	"	PUNCT
taxlaw-2799	1774	22	as	as	SCONJ
taxlaw-2799	1774	23	npcs	npc	NOUN
taxlaw-2799	1774	24	include	include	VERB
taxlaw-2799	1774	25	caps	cap	NOUN
taxlaw-2799	1774	26	and	and	CCONJ
taxlaw-2799	1774	27	floors	floor	NOUN
taxlaw-2799	1774	28	that	that	PRON
taxlaw-2799	1774	29	are	be	AUX
taxlaw-2799	1774	30	not	not	PART
taxlaw-2799	1774	31	subject	subject	ADJ
taxlaw-2799	1774	32	to	to	ADP
taxlaw-2799	1774	33	the	the	DET
taxlaw-2799	1774	34	deemed	deemed	ADJ
taxlaw-2799	1774	35	loan	loan	NOUN
taxlaw-2799	1774	36	rule	rule	NOUN
taxlaw-2799	1774	37	.	.	PUNCT
taxlaw-2799	1775	1	as	as	SCONJ
taxlaw-2799	1775	2	anyone	anyone	PRON
taxlaw-2799	1775	3	familiar	familiar	ADJ
taxlaw-2799	1775	4	with	with	ADP
taxlaw-2799	1775	5	derivatives	derivative	NOUN
taxlaw-2799	1775	6	knows	know	VERB
taxlaw-2799	1775	7	,	,	PUNCT
taxlaw-2799	1775	8	drawing	draw	VERB
taxlaw-2799	1775	9	distinctions	distinction	NOUN
taxlaw-2799	1775	10	between	between	ADP
taxlaw-2799	1775	11	different	different	ADJ
taxlaw-2799	1775	12	kinds	kind	NOUN
taxlaw-2799	1775	13	of	of	ADP
taxlaw-2799	1775	14	derivatives	derivative	NOUN
taxlaw-2799	1775	15	is	be	AUX
taxlaw-2799	1775	16	not	not	PART
taxlaw-2799	1775	17	always	always	ADV
taxlaw-2799	1775	18	easy	easy	ADJ
taxlaw-2799	1775	19	.	.	PUNCT
taxlaw-2799	1776	1	accordingly	accordingly	ADV
taxlaw-2799	1776	2	,	,	PUNCT
taxlaw-2799	1776	3	the	the	DET
taxlaw-2799	1776	4	boundary	boundary	NOUN
taxlaw-2799	1776	5	between	between	ADP
taxlaw-2799	1776	6	derivatives	derivative	NOUN
taxlaw-2799	1776	7	that	that	PRON
taxlaw-2799	1776	8	are	be	AUX
taxlaw-2799	1776	9	and	and	CCONJ
taxlaw-2799	1776	10	are	be	AUX
taxlaw-2799	1776	11	not	not	PART
taxlaw-2799	1776	12	subject	subject	ADJ
taxlaw-2799	1776	13	to	to	ADP
taxlaw-2799	1776	14	these	these	DET
taxlaw-2799	1776	15	rules	rule	NOUN
taxlaw-2799	1776	16	is	be	AUX
taxlaw-2799	1776	17	hazy	hazy	ADJ
taxlaw-2799	1776	18	.	.	PUNCT
taxlaw-2799	1777	1	resolving	resolve	VERB
taxlaw-2799	1777	2	where	where	SCONJ
taxlaw-2799	1777	3	that	that	DET
taxlaw-2799	1777	4	boundary	boundary	ADJ
taxlaw-2799	1777	5	lies	lie	VERB
taxlaw-2799	1777	6	is	be	AUX
taxlaw-2799	1777	7	a	a	DET
taxlaw-2799	1777	8	task	task	NOUN
taxlaw-2799	1777	9	beyond	beyond	ADP
taxlaw-2799	1777	10	what	what	PRON
taxlaw-2799	1777	11	it	it	PRON
taxlaw-2799	1777	12	is	be	AUX
taxlaw-2799	1777	13	reasonable	reasonable	ADJ
taxlaw-2799	1777	14	to	to	ADP
taxlaw-2799	1777	15	either	either	CCONJ
taxlaw-2799	1777	16	discuss	discuss	VERB
taxlaw-2799	1777	17	in	in	ADP
taxlaw-2799	1777	18	this	this	DET
taxlaw-2799	1777	19	article	article	NOUN
taxlaw-2799	1777	20	or	or	CCONJ
taxlaw-2799	1777	21	expect	expect	VERB
taxlaw-2799	1777	22	the	the	DET
taxlaw-2799	1777	23	government	government	NOUN
taxlaw-2799	1777	24	to	to	PART
taxlaw-2799	1777	25	provide	provide	VERB
taxlaw-2799	1777	26	guidance	guidance	NOUN
taxlaw-2799	1777	27	on	on	ADP
taxlaw-2799	1777	28	as	as	ADP
taxlaw-2799	1777	29	a	a	DET
taxlaw-2799	1777	30	general	general	ADJ
taxlaw-2799	1777	31	matter	matter	NOUN
taxlaw-2799	1777	32	.	.	PUNCT
taxlaw-2799	1778	1	it	it	PRON
taxlaw-2799	1778	2	would	would	AUX
taxlaw-2799	1778	3	be	be	AUX
taxlaw-2799	1778	4	comforting	comforting	ADJ
taxlaw-2799	1778	5	,	,	PUNCT
taxlaw-2799	1778	6	however	however	ADV
taxlaw-2799	1778	7	,	,	PUNCT
taxlaw-2799	1778	8	if	if	SCONJ
taxlaw-2799	1778	9	guidance	guidance	NOUN
taxlaw-2799	1778	10	provided	provide	VERB
taxlaw-2799	1778	11	that	that	SCONJ
taxlaw-2799	1778	12	the	the	DET
taxlaw-2799	1778	13	service	service	NOUN
taxlaw-2799	1778	14	would	would	AUX
taxlaw-2799	1778	15	not	not	PART
taxlaw-2799	1778	16	challenge	challenge	VERB
taxlaw-2799	1778	17	a	a	DET
taxlaw-2799	1778	18	reasonable	reasonable	ADJ
taxlaw-2799	1778	19	determination	determination	NOUN
taxlaw-2799	1778	20	made	make	VERB
taxlaw-2799	1778	21	by	by	ADP
taxlaw-2799	1778	22	the	the	DET
taxlaw-2799	1778	23	taxpayer	taxpayer	NOUN
taxlaw-2799	1778	24	for	for	ADP
taxlaw-2799	1778	25	purposes	purpose	NOUN
taxlaw-2799	1778	26	of	of	ADP
taxlaw-2799	1778	27	applying	apply	VERB
taxlaw-2799	1778	28	the	the	DET
taxlaw-2799	1778	29	rules	rule	NOUN
taxlaw-2799	1778	30	listed	list	VERB
taxlaw-2799	1778	31	at	at	ADP
taxlaw-2799	1778	32	the	the	DET
taxlaw-2799	1778	33	beginning	beginning	NOUN
taxlaw-2799	1778	34	of	of	ADP
taxlaw-2799	1778	35	this	this	DET
taxlaw-2799	1778	36	part	part	NOUN
taxlaw-2799	1778	37	iv	iv	NUM
taxlaw-2799	1778	38	when	when	SCONJ
taxlaw-2799	1778	39	an	an	DET
taxlaw-2799	1778	40	upfront	upfront	ADJ
taxlaw-2799	1778	41	payment	payment	NOUN
taxlaw-2799	1778	42	is	be	AUX
taxlaw-2799	1778	43	made	make	VERB
taxlaw-2799	1778	44	under	under	ADP
taxlaw-2799	1778	45	a	a	DET
taxlaw-2799	1778	46	cleared	clear	VERB
taxlaw-2799	1778	47	swap	swap	NOUN
taxlaw-2799	1778	48	.	.	PUNCT
taxlaw-2799	1779	1	3	3	X
taxlaw-2799	1779	2	.	.	X
taxlaw-2799	1779	3	special	special	ADJ
taxlaw-2799	1779	4	attributes	attribute	NOUN
taxlaw-2799	1779	5	of	of	ADP
taxlaw-2799	1779	6	cleared	clear	VERB
taxlaw-2799	1779	7	swaps	swap	NOUN
taxlaw-2799	1779	8	.	.	PUNCT
taxlaw-2799	1780	1	the	the	DET
taxlaw-2799	1780	2	deemed	deem	VERB
taxlaw-2799	1780	3	loan	loan	NOUN
taxlaw-2799	1780	4	rules	rule	NOUN
taxlaw-2799	1780	5	assume	assume	VERB
taxlaw-2799	1780	6	a	a	DET
taxlaw-2799	1780	7	fairly	fairly	ADV
taxlaw-2799	1780	8	static	static	ADJ
taxlaw-2799	1780	9	universe	universe	NOUN
taxlaw-2799	1780	10	.	.	PUNCT
taxlaw-2799	1781	1	that	that	PRON
taxlaw-2799	1781	2	is	is	ADV
taxlaw-2799	1781	3	,	,	PUNCT
taxlaw-2799	1781	4	they	they	PRON
taxlaw-2799	1781	5	treat	treat	VERB
taxlaw-2799	1781	6	an	an	DET
taxlaw-2799	1781	7	upfront	upfront	ADJ
taxlaw-2799	1781	8	payment	payment	NOUN
taxlaw-2799	1781	9	on	on	ADP
taxlaw-2799	1781	10	an	an	DET
taxlaw-2799	1781	11	interest	interest	NOUN
taxlaw-2799	1781	12	rate	rate	NOUN
taxlaw-2799	1781	13	swap	swap	NOUN
taxlaw-2799	1781	14	as	as	SCONJ
taxlaw-2799	1781	15	if	if	SCONJ
taxlaw-2799	1781	16	it	it	PRON
taxlaw-2799	1781	17	will	will	AUX
taxlaw-2799	1781	18	economically	economically	ADV
taxlaw-2799	1781	19	be	be	AUX
taxlaw-2799	1781	20	paid	pay	VERB
taxlaw-2799	1781	21	back	back	ADV
taxlaw-2799	1781	22	over	over	ADP
taxlaw-2799	1781	23	the	the	DET
taxlaw-2799	1781	24	contractual	contractual	ADJ
taxlaw-2799	1781	25	life	life	NOUN
taxlaw-2799	1781	26	of	of	ADP
taxlaw-2799	1781	27	the	the	DET
taxlaw-2799	1781	28	swap	swap	NOUN
taxlaw-2799	1781	29	.	.	PUNCT
taxlaw-2799	1782	1	this	this	PRON
taxlaw-2799	1782	2	is	be	AUX
taxlaw-2799	1782	3	not	not	PART
taxlaw-2799	1782	4	quite	quite	ADV
taxlaw-2799	1782	5	accurate	accurate	ADJ
taxlaw-2799	1782	6	,	,	PUNCT
taxlaw-2799	1782	7	since	since	SCONJ
taxlaw-2799	1782	8	there	there	PRON
taxlaw-2799	1782	9	is	be	VERB
taxlaw-2799	1782	10	a	a	DET
taxlaw-2799	1782	11	special	special	ADJ
taxlaw-2799	1782	12	rule	rule	NOUN
taxlaw-2799	1782	13	that	that	PRON
taxlaw-2799	1782	14	says	say	VERB
taxlaw-2799	1782	15	in	in	ADP
taxlaw-2799	1782	16	the	the	DET
taxlaw-2799	1782	17	case	case	NOUN
taxlaw-2799	1782	18	of	of	ADP
taxlaw-2799	1782	19	a	a	DET
taxlaw-2799	1782	20	swap	swap	NOUN
taxlaw-2799	1782	21	subject	subject	NOUN
taxlaw-2799	1782	22	to	to	ADP
taxlaw-2799	1782	23	extension	extension	NOUN
taxlaw-2799	1782	24	or	or	CCONJ
taxlaw-2799	1782	25	termination	termination	NOUN
taxlaw-2799	1782	26	one	one	NOUN
taxlaw-2799	1782	27	looks	look	VERB
taxlaw-2799	1782	28	to	to	ADP
taxlaw-2799	1782	29	the	the	DET
taxlaw-2799	1782	30	reasonably	reasonably	ADV
taxlaw-2799	1782	31	expected	expect	VERB
taxlaw-2799	1782	32	term	term	NOUN
taxlaw-2799	1782	33	of	of	ADP
taxlaw-2799	1782	34	the	the	DET
taxlaw-2799	1782	35	swap	swap	NOUN
taxlaw-2799	1782	36	rather	rather	ADV
taxlaw-2799	1782	37	than	than	ADP
taxlaw-2799	1782	38	the	the	DET
taxlaw-2799	1782	39	stated	state	VERB
taxlaw-2799	1782	40	maturity.148	maturity.148	NOUN
taxlaw-2799	1782	41	but	but	CCONJ
taxlaw-2799	1782	42	for	for	ADP
taxlaw-2799	1782	43	a	a	DET
taxlaw-2799	1782	44	swap	swap	NOUN
taxlaw-2799	1782	45	with	with	ADP
taxlaw-2799	1782	46	no	no	DET
taxlaw-2799	1782	47	stated	state	VERB
taxlaw-2799	1782	48	extension	extension	NOUN
taxlaw-2799	1782	49	or	or	CCONJ
taxlaw-2799	1782	50	termination	termination	NOUN
taxlaw-2799	1782	51	provisions	provision	NOUN
taxlaw-2799	1782	52	the	the	DET
taxlaw-2799	1782	53	loan	loan	NOUN
taxlaw-2799	1782	54	is	be	AUX
taxlaw-2799	1782	55	treated	treat	VERB
taxlaw-2799	1782	56	as	as	ADP
taxlaw-2799	1782	57	payable	payable	ADJ
taxlaw-2799	1782	58	over	over	ADP
taxlaw-2799	1782	59	the	the	DET
taxlaw-2799	1782	60	stated	state	VERB
taxlaw-2799	1782	61	term	term	NOUN
taxlaw-2799	1782	62	of	of	ADP
taxlaw-2799	1782	63	the	the	DET
taxlaw-2799	1782	64	swap	swap	NOUN
taxlaw-2799	1782	65	.	.	PUNCT
taxlaw-2799	1783	1	while	while	SCONJ
taxlaw-2799	1783	2	swaps	swap	NOUN
taxlaw-2799	1783	3	can	can	AUX
taxlaw-2799	1783	4	be	be	AUX
taxlaw-2799	1783	5	and	and	CCONJ
taxlaw-2799	1783	6	are	be	AUX
taxlaw-2799	1783	7	closed	close	VERB
taxlaw-2799	1783	8	out	out	ADP
taxlaw-2799	1783	9	early	early	ADV
taxlaw-2799	1783	10	,	,	PUNCT
taxlaw-2799	1783	11	for	for	ADP
taxlaw-2799	1783	12	a	a	DET
taxlaw-2799	1783	13	swap	swap	NOUN
taxlaw-2799	1783	14	entered	enter	VERB
taxlaw-2799	1783	15	into	into	ADP
taxlaw-2799	1783	16	in	in	ADP
taxlaw-2799	1783	17	the	the	DET
taxlaw-2799	1783	18	otc	otc	PROPN
taxlaw-2799	1783	19	market	market	NOUN
taxlaw-2799	1783	20	that	that	PRON
taxlaw-2799	1783	21	seems	seem	VERB
taxlaw-2799	1783	22	like	like	ADP
taxlaw-2799	1783	23	a	a	DET
taxlaw-2799	1783	24	reasonable	reasonable	ADJ
taxlaw-2799	1783	25	,	,	PUNCT
taxlaw-2799	1783	26	and	and	CCONJ
taxlaw-2799	1783	27	the	the	DET
taxlaw-2799	1783	28	only	only	ADJ
taxlaw-2799	1783	29	practical	practical	ADJ
taxlaw-2799	1783	30	,	,	PUNCT
taxlaw-2799	1783	31	basis	basis	NOUN
taxlaw-2799	1783	32	for	for	ADP
taxlaw-2799	1783	33	determining	determine	VERB
taxlaw-2799	1783	34	the	the	DET
taxlaw-2799	1783	35	term	term	NOUN
taxlaw-2799	1783	36	of	of	ADP
taxlaw-2799	1783	37	the	the	DET
taxlaw-2799	1783	38	deemed	deem	VERB
taxlaw-2799	1783	39	loan	loan	NOUN
taxlaw-2799	1783	40	.	.	PUNCT
taxlaw-2799	1784	1	in	in	ADP
taxlaw-2799	1784	2	the	the	DET
taxlaw-2799	1784	3	case	case	NOUN
taxlaw-2799	1784	4	of	of	ADP
taxlaw-2799	1784	5	cleared	clear	VERB
taxlaw-2799	1784	6	swaps	swap	NOUN
taxlaw-2799	1784	7	,	,	PUNCT
taxlaw-2799	1784	8	particularly	particularly	ADV
taxlaw-2799	1784	9	for	for	ADP
taxlaw-2799	1784	10	taxpayers	taxpayer	NOUN
taxlaw-2799	1784	11	that	that	PRON
taxlaw-2799	1784	12	regularly	regularly	ADV
taxlaw-2799	1784	13	enter	enter	VERB
taxlaw-2799	1784	14	into	into	ADP
taxlaw-2799	1784	15	and	and	CCONJ
taxlaw-2799	1784	16	close	close	VERB
taxlaw-2799	1784	17	out	out	ADP
taxlaw-2799	1784	18	swaps	swap	NOUN
taxlaw-2799	1784	19	in	in	ADP
taxlaw-2799	1784	20	high	high	ADJ
taxlaw-2799	1784	21	numbers	number	NOUN
taxlaw-2799	1784	22	,	,	PUNCT
taxlaw-2799	1784	23	that	that	DET
taxlaw-2799	1784	24	approach	approach	NOUN
taxlaw-2799	1784	25	is	be	AUX
taxlaw-2799	1784	26	147	147	NUM
taxlaw-2799	1784	27	treas	trea	NOUN
taxlaw-2799	1784	28	.	.	PUNCT
taxlaw-2799	1785	1	reg	reg	PROPN
taxlaw-2799	1785	2	.	.	PUNCT
taxlaw-2799	1786	1	§	§	PROPN
taxlaw-2799	1786	2	1.446	1.446	NUM
taxlaw-2799	1786	3	-	-	SYM
taxlaw-2799	1786	4	3(g)(6	3(g)(6	NUM
taxlaw-2799	1786	5	)	)	PUNCT
taxlaw-2799	1786	6	,	,	PUNCT
taxlaw-2799	1786	7	example	example	NOUN
taxlaw-2799	1786	8	3	3	NUM
taxlaw-2799	1786	9	(	(	PUNCT
taxlaw-2799	1786	10	1994	1994	NUM
taxlaw-2799	1786	11	)	)	PUNCT
taxlaw-2799	1786	12	.	.	PUNCT
taxlaw-2799	1787	1	148	148	NUM
taxlaw-2799	1787	2	treas	trea	NOUN
taxlaw-2799	1787	3	.	.	PUNCT
taxlaw-2799	1788	1	reg	reg	NOUN
taxlaw-2799	1788	2	.	.	PUNCT
taxlaw-2799	1789	1	§	§	PROPN
taxlaw-2799	1789	2	1.446	1.446	NUM
taxlaw-2799	1789	3	-	-	SYM
taxlaw-2799	1789	4	3(f)(3	3(f)(3	NUM
taxlaw-2799	1789	5	)	)	PUNCT
taxlaw-2799	1789	6	(	(	PUNCT
taxlaw-2799	1789	7	1994	1994	NUM
taxlaw-2799	1789	8	)	)	PUNCT
taxlaw-2799	1789	9	.	.	PUNCT
taxlaw-2799	1790	1	2011	2011	NUM
taxlaw-2799	1790	2	]	]	PUNCT
taxlaw-2799	1791	1	ew	ew	NOUN
taxlaw-2799	1791	2	tax	tax	NOUN
taxlaw-2799	1791	3	issues	issue	NOUN
taxlaw-2799	1791	4	arisi	arisi	VERB
taxlaw-2799	1791	5	g	g	PROPN
taxlaw-2799	1791	6	from	from	ADP
taxlaw-2799	1791	7	the	the	DET
taxlaw-2799	1791	8	dodd	dodd	NOUN
taxlaw-2799	1791	9	-	-	PUNCT
taxlaw-2799	1791	10	fra	fra	PROPN
taxlaw-2799	1791	11	k	k	PROPN
taxlaw-2799	1791	12	act	act	PROPN
taxlaw-2799	1791	13	89	89	NUM
taxlaw-2799	1791	14	not	not	PART
taxlaw-2799	1791	15	so	so	ADV
taxlaw-2799	1791	16	reasonable	reasonable	ADJ
taxlaw-2799	1791	17	.	.	PUNCT
taxlaw-2799	1792	1	under	under	ADP
taxlaw-2799	1792	2	current	current	ADJ
taxlaw-2799	1792	3	market	market	NOUN
taxlaw-2799	1792	4	practice	practice	NOUN
taxlaw-2799	1792	5	,	,	PUNCT
taxlaw-2799	1792	6	this	this	DET
taxlaw-2799	1792	7	point	point	NOUN
taxlaw-2799	1792	8	is	be	AUX
taxlaw-2799	1792	9	particularly	particularly	ADV
taxlaw-2799	1792	10	relevant	relevant	ADJ
taxlaw-2799	1792	11	to	to	ADP
taxlaw-2799	1792	12	cds	cd	NOUN
taxlaw-2799	1792	13	,	,	PUNCT
taxlaw-2799	1792	14	but	but	CCONJ
taxlaw-2799	1792	15	the	the	DET
taxlaw-2799	1792	16	more	more	ADV
taxlaw-2799	1792	17	general	general	ADJ
taxlaw-2799	1792	18	issue	issue	NOUN
taxlaw-2799	1792	19	is	be	AUX
taxlaw-2799	1792	20	relevant	relevant	ADJ
taxlaw-2799	1792	21	for	for	ADP
taxlaw-2799	1792	22	other	other	ADJ
taxlaw-2799	1792	23	types	type	NOUN
taxlaw-2799	1792	24	of	of	ADP
taxlaw-2799	1792	25	swaps	swap	NOUN
taxlaw-2799	1792	26	as	as	ADV
taxlaw-2799	1792	27	well	well	ADV
taxlaw-2799	1792	28	.	.	PUNCT
taxlaw-2799	1793	1	as	as	SCONJ
taxlaw-2799	1793	2	described	describe	VERB
taxlaw-2799	1793	3	in	in	ADP
taxlaw-2799	1793	4	section	section	PROPN
taxlaw-2799	1793	5	ii.a.2	ii.a.2	PROPN
taxlaw-2799	1793	6	,	,	PUNCT
taxlaw-2799	1793	7	above	above	ADV
taxlaw-2799	1793	8	,	,	PUNCT
taxlaw-2799	1793	9	long	long	ADJ
taxlaw-2799	1793	10	and	and	CCONJ
taxlaw-2799	1793	11	short	short	ADJ
taxlaw-2799	1793	12	positions	position	NOUN
taxlaw-2799	1793	13	in	in	ADP
taxlaw-2799	1793	14	cleared	clear	VERB
taxlaw-2799	1793	15	cds	cd	NOUN
taxlaw-2799	1793	16	are	be	AUX
taxlaw-2799	1793	17	netted	net	VERB
taxlaw-2799	1793	18	on	on	ADP
taxlaw-2799	1793	19	a	a	DET
taxlaw-2799	1793	20	daily	daily	ADJ
taxlaw-2799	1793	21	basis	basis	NOUN
taxlaw-2799	1793	22	.	.	PUNCT
taxlaw-2799	1794	1	to	to	PART
taxlaw-2799	1794	2	take	take	VERB
taxlaw-2799	1794	3	an	an	DET
taxlaw-2799	1794	4	example	example	NOUN
taxlaw-2799	1794	5	,	,	PUNCT
taxlaw-2799	1794	6	assume	assume	VERB
taxlaw-2799	1794	7	a	a	DET
taxlaw-2799	1794	8	dealer	dealer	NOUN
taxlaw-2799	1794	9	on	on	ADP
taxlaw-2799	1794	10	day	day	NOUN
taxlaw-2799	1794	11	1	1	NUM
taxlaw-2799	1794	12	sells	sell	VERB
taxlaw-2799	1794	13	protection	protection	NOUN
taxlaw-2799	1794	14	under	under	ADP
taxlaw-2799	1794	15	the	the	DET
taxlaw-2799	1794	16	cds	cd	NOUN
taxlaw-2799	1794	17	described	describe	VERB
taxlaw-2799	1794	18	in	in	ADP
taxlaw-2799	1794	19	example	example	NOUN
taxlaw-2799	1794	20	1	1	NUM
taxlaw-2799	1794	21	in	in	ADP
taxlaw-2799	1794	22	connection	connection	NOUN
taxlaw-2799	1794	23	with	with	ADP
taxlaw-2799	1794	24	a	a	DET
taxlaw-2799	1794	25	customer	customer	NOUN
taxlaw-2799	1794	26	transaction	transaction	NOUN
taxlaw-2799	1794	27	,	,	PUNCT
taxlaw-2799	1794	28	and	and	CCONJ
taxlaw-2799	1794	29	receives	receive	VERB
taxlaw-2799	1794	30	the	the	DET
taxlaw-2799	1794	31	$	$	SYM
taxlaw-2799	1794	32	244,000	244,000	NUM
taxlaw-2799	1794	33	upfront	upfront	ADJ
taxlaw-2799	1794	34	payment	payment	NOUN
taxlaw-2799	1794	35	.	.	PUNCT
taxlaw-2799	1795	1	on	on	ADP
taxlaw-2799	1795	2	the	the	DET
taxlaw-2799	1795	3	next	next	ADJ
taxlaw-2799	1795	4	day	day	NOUN
taxlaw-2799	1795	5	,	,	PUNCT
taxlaw-2799	1795	6	the	the	DET
taxlaw-2799	1795	7	dealer	dealer	NOUN
taxlaw-2799	1795	8	buys	buy	VERB
taxlaw-2799	1795	9	protection	protection	NOUN
taxlaw-2799	1795	10	under	under	ADP
taxlaw-2799	1795	11	an	an	DET
taxlaw-2799	1795	12	identical	identical	ADJ
taxlaw-2799	1795	13	cds	cd	NOUN
taxlaw-2799	1795	14	in	in	ADP
taxlaw-2799	1795	15	connection	connection	NOUN
taxlaw-2799	1795	16	with	with	ADP
taxlaw-2799	1795	17	a	a	DET
taxlaw-2799	1795	18	second	second	ADJ
taxlaw-2799	1795	19	customer	customer	NOUN
taxlaw-2799	1795	20	transaction	transaction	NOUN
taxlaw-2799	1795	21	.	.	PUNCT
taxlaw-2799	1796	1	because	because	SCONJ
taxlaw-2799	1796	2	the	the	DET
taxlaw-2799	1796	3	market	market	NOUN
taxlaw-2799	1796	4	’s	’s	PART
taxlaw-2799	1796	5	perception	perception	NOUN
taxlaw-2799	1796	6	of	of	ADP
taxlaw-2799	1796	7	the	the	DET
taxlaw-2799	1796	8	creditworthiness	creditworthiness	NOUN
taxlaw-2799	1796	9	of	of	ADP
taxlaw-2799	1796	10	the	the	DET
taxlaw-2799	1796	11	reference	reference	NOUN
taxlaw-2799	1796	12	entity	entity	NOUN
taxlaw-2799	1796	13	has	have	AUX
taxlaw-2799	1796	14	changed	change	VERB
taxlaw-2799	1796	15	,	,	PUNCT
taxlaw-2799	1796	16	the	the	DET
taxlaw-2799	1796	17	dealer	dealer	NOUN
taxlaw-2799	1796	18	pays	pay	VERB
taxlaw-2799	1796	19	a	a	DET
taxlaw-2799	1796	20	$	$	SYM
taxlaw-2799	1796	21	250,000	250,000	NUM
taxlaw-2799	1796	22	upfront	upfront	ADJ
taxlaw-2799	1796	23	payment	payment	NOUN
taxlaw-2799	1796	24	.	.	PUNCT
taxlaw-2799	1797	1	the	the	DET
taxlaw-2799	1797	2	clearinghouse	clearinghouse	NOUN
taxlaw-2799	1797	3	will	will	AUX
taxlaw-2799	1797	4	net	net	VERB
taxlaw-2799	1797	5	the	the	DET
taxlaw-2799	1797	6	two	two	NUM
taxlaw-2799	1797	7	transactions	transaction	NOUN
taxlaw-2799	1797	8	,	,	PUNCT
taxlaw-2799	1797	9	with	with	ADP
taxlaw-2799	1797	10	the	the	DET
taxlaw-2799	1797	11	result	result	NOUN
taxlaw-2799	1797	12	that	that	SCONJ
taxlaw-2799	1797	13	the	the	DET
taxlaw-2799	1797	14	dealer	dealer	NOUN
taxlaw-2799	1797	15	has	have	AUX
taxlaw-2799	1797	16	no	no	DET
taxlaw-2799	1797	17	outstanding	outstanding	ADJ
taxlaw-2799	1797	18	cds	cd	NOUN
taxlaw-2799	1797	19	,	,	PUNCT
taxlaw-2799	1797	20	and	and	CCONJ
taxlaw-2799	1797	21	has	have	AUX
taxlaw-2799	1797	22	paid	pay	VERB
taxlaw-2799	1797	23	$	$	SYM
taxlaw-2799	1797	24	6,000	6,000	NUM
taxlaw-2799	1797	25	on	on	ADP
taxlaw-2799	1797	26	a	a	DET
taxlaw-2799	1797	27	net	net	ADJ
taxlaw-2799	1797	28	basis	basis	NOUN
taxlaw-2799	1797	29	.	.	PUNCT
taxlaw-2799	1798	1	(	(	PUNCT
taxlaw-2799	1798	2	if	if	SCONJ
taxlaw-2799	1798	3	in	in	ADP
taxlaw-2799	1798	4	the	the	DET
taxlaw-2799	1798	5	second	second	ADJ
taxlaw-2799	1798	6	transaction	transaction	NOUN
taxlaw-2799	1798	7	the	the	DET
taxlaw-2799	1798	8	dealer	dealer	NOUN
taxlaw-2799	1798	9	paid	pay	VERB
taxlaw-2799	1798	10	$	$	SYM
taxlaw-2799	1798	11	240,000	240,000	NUM
taxlaw-2799	1798	12	,	,	PUNCT
taxlaw-2799	1798	13	the	the	DET
taxlaw-2799	1798	14	transactions	transaction	NOUN
taxlaw-2799	1798	15	would	would	AUX
taxlaw-2799	1798	16	also	also	ADV
taxlaw-2799	1798	17	net	net	VERB
taxlaw-2799	1798	18	,	,	PUNCT
taxlaw-2799	1798	19	but	but	CCONJ
taxlaw-2799	1798	20	the	the	DET
taxlaw-2799	1798	21	dealer	dealer	NOUN
taxlaw-2799	1798	22	would	would	AUX
taxlaw-2799	1798	23	have	have	AUX
taxlaw-2799	1798	24	paid	pay	VERB
taxlaw-2799	1798	25	$	$	SYM
taxlaw-2799	1798	26	4,000	4,000	NUM
taxlaw-2799	1798	27	on	on	ADP
taxlaw-2799	1798	28	a	a	DET
taxlaw-2799	1798	29	net	net	ADJ
taxlaw-2799	1798	30	basis	basis	NOUN
taxlaw-2799	1798	31	.	.	PUNCT
taxlaw-2799	1798	32	)	)	PUNCT
taxlaw-2799	1799	1	since	since	SCONJ
taxlaw-2799	1799	2	dealers	dealer	NOUN
taxlaw-2799	1799	3	routinely	routinely	ADV
taxlaw-2799	1799	4	enter	enter	VERB
taxlaw-2799	1799	5	into	into	ADP
taxlaw-2799	1799	6	many	many	ADJ
taxlaw-2799	1799	7	transactions	transaction	NOUN
taxlaw-2799	1799	8	,	,	PUNCT
taxlaw-2799	1799	9	and	and	CCONJ
taxlaw-2799	1799	10	the	the	DET
taxlaw-2799	1799	11	clearinghouses	clearinghouse	NOUN
taxlaw-2799	1799	12	net	net	ADJ
taxlaw-2799	1799	13	positions	position	NOUN
taxlaw-2799	1799	14	on	on	ADP
taxlaw-2799	1799	15	a	a	DET
taxlaw-2799	1799	16	daily	daily	ADJ
taxlaw-2799	1799	17	or	or	CCONJ
taxlaw-2799	1799	18	more	more	ADV
taxlaw-2799	1799	19	frequent	frequent	ADJ
taxlaw-2799	1799	20	basis	basis	NOUN
taxlaw-2799	1799	21	,	,	PUNCT
taxlaw-2799	1799	22	the	the	DET
taxlaw-2799	1799	23	result	result	NOUN
taxlaw-2799	1799	24	is	be	AUX
taxlaw-2799	1799	25	that	that	SCONJ
taxlaw-2799	1799	26	it	it	PRON
taxlaw-2799	1799	27	is	be	AUX
taxlaw-2799	1799	28	impossible	impossible	ADJ
taxlaw-2799	1799	29	to	to	PART
taxlaw-2799	1799	30	determine	determine	VERB
taxlaw-2799	1799	31	for	for	ADP
taxlaw-2799	1799	32	what	what	DET
taxlaw-2799	1799	33	period	period	NOUN
taxlaw-2799	1799	34	of	of	ADP
taxlaw-2799	1799	35	time	time	NOUN
taxlaw-2799	1799	36	any	any	DET
taxlaw-2799	1799	37	upfront	upfront	ADJ
taxlaw-2799	1799	38	payment	payment	NOUN
taxlaw-2799	1799	39	actually	actually	ADV
taxlaw-2799	1799	40	will	will	AUX
taxlaw-2799	1799	41	relate	relate	VERB
taxlaw-2799	1799	42	to	to	ADP
taxlaw-2799	1799	43	.	.	PUNCT
taxlaw-2799	1800	1	indeed	indeed	ADV
taxlaw-2799	1800	2	,	,	PUNCT
taxlaw-2799	1800	3	the	the	DET
taxlaw-2799	1800	4	one	one	NUM
taxlaw-2799	1800	5	thing	thing	NOUN
taxlaw-2799	1800	6	one	one	PRON
taxlaw-2799	1800	7	can	can	AUX
taxlaw-2799	1800	8	probably	probably	ADV
taxlaw-2799	1800	9	be	be	AUX
taxlaw-2799	1800	10	reasonably	reasonably	ADV
taxlaw-2799	1800	11	sure	sure	ADJ
taxlaw-2799	1800	12	about	about	ADP
taxlaw-2799	1800	13	is	be	AUX
taxlaw-2799	1800	14	that	that	PRON
taxlaw-2799	1800	15	whatever	whatever	PRON
taxlaw-2799	1800	16	the	the	DET
taxlaw-2799	1800	17	analysis	analysis	NOUN
taxlaw-2799	1800	18	might	might	AUX
taxlaw-2799	1800	19	be	be	AUX
taxlaw-2799	1800	20	on	on	ADP
taxlaw-2799	1800	21	day	day	NOUN
taxlaw-2799	1800	22	1	1	NUM
taxlaw-2799	1800	23	,	,	PUNCT
taxlaw-2799	1800	24	it	it	PRON
taxlaw-2799	1800	25	will	will	AUX
taxlaw-2799	1800	26	be	be	AUX
taxlaw-2799	1800	27	modified	modify	VERB
taxlaw-2799	1800	28	by	by	ADP
taxlaw-2799	1800	29	the	the	DET
taxlaw-2799	1800	30	next	next	ADJ
taxlaw-2799	1800	31	day	day	NOUN
taxlaw-2799	1800	32	’s	’s	PART
taxlaw-2799	1800	33	transaction	transaction	NOUN
taxlaw-2799	1800	34	.	.	PUNCT
taxlaw-2799	1801	1	similarly	similarly	ADV
taxlaw-2799	1801	2	,	,	PUNCT
taxlaw-2799	1801	3	in	in	ADP
taxlaw-2799	1801	4	the	the	DET
taxlaw-2799	1801	5	case	case	NOUN
taxlaw-2799	1801	6	of	of	ADP
taxlaw-2799	1801	7	dealers	dealer	NOUN
taxlaw-2799	1801	8	who	who	PRON
taxlaw-2799	1801	9	operate	operate	VERB
taxlaw-2799	1801	10	in	in	ADP
taxlaw-2799	1801	11	such	such	DET
taxlaw-2799	1801	12	a	a	DET
taxlaw-2799	1801	13	manner	manner	NOUN
taxlaw-2799	1801	14	that	that	SCONJ
taxlaw-2799	1801	15	one	one	NUM
taxlaw-2799	1801	16	affiliate	affiliate	NOUN
taxlaw-2799	1801	17	enters	enter	VERB
taxlaw-2799	1801	18	into	into	ADP
taxlaw-2799	1801	19	transactions	transaction	NOUN
taxlaw-2799	1801	20	with	with	ADP
taxlaw-2799	1801	21	certain	certain	ADJ
taxlaw-2799	1801	22	customers	customer	NOUN
taxlaw-2799	1801	23	but	but	CCONJ
taxlaw-2799	1801	24	a	a	DET
taxlaw-2799	1801	25	different	different	ADJ
taxlaw-2799	1801	26	affiliate	affiliate	NOUN
taxlaw-2799	1801	27	is	be	AUX
taxlaw-2799	1801	28	the	the	DET
taxlaw-2799	1801	29	one	one	NOUN
taxlaw-2799	1801	30	that	that	PRON
taxlaw-2799	1801	31	faces	face	VERB
taxlaw-2799	1801	32	the	the	DET
taxlaw-2799	1801	33	clearinghouse	clearinghouse	NOUN
taxlaw-2799	1801	34	,	,	PUNCT
taxlaw-2799	1801	35	so	so	SCONJ
taxlaw-2799	1801	36	that	that	SCONJ
taxlaw-2799	1801	37	the	the	DET
taxlaw-2799	1801	38	first	first	ADJ
taxlaw-2799	1801	39	affiliate	affiliate	NOUN
taxlaw-2799	1801	40	routinely	routinely	ADV
taxlaw-2799	1801	41	enters	enter	VERB
taxlaw-2799	1801	42	into	into	ADP
taxlaw-2799	1801	43	multiple	multiple	ADJ
taxlaw-2799	1801	44	cds	cd	NOUN
taxlaw-2799	1801	45	with	with	ADP
taxlaw-2799	1801	46	the	the	DET
taxlaw-2799	1801	47	other	other	ADJ
taxlaw-2799	1801	48	to	to	PART
taxlaw-2799	1801	49	hedge	hedge	VERB
taxlaw-2799	1801	50	its	its	PRON
taxlaw-2799	1801	51	position	position	NOUN
taxlaw-2799	1801	52	,	,	PUNCT
taxlaw-2799	1801	53	upfront	upfront	ADJ
taxlaw-2799	1801	54	payments	payment	NOUN
taxlaw-2799	1801	55	made	make	VERB
taxlaw-2799	1801	56	and	and	CCONJ
taxlaw-2799	1801	57	received	receive	VERB
taxlaw-2799	1801	58	on	on	ADP
taxlaw-2799	1801	59	different	different	ADJ
taxlaw-2799	1801	60	days	day	NOUN
taxlaw-2799	1801	61	also	also	ADV
taxlaw-2799	1801	62	will	will	AUX
taxlaw-2799	1801	63	regularly	regularly	ADV
taxlaw-2799	1801	64	net	net	VERB
taxlaw-2799	1801	65	as	as	ADP
taxlaw-2799	1801	66	an	an	DET
taxlaw-2799	1801	67	economic	economic	ADJ
taxlaw-2799	1801	68	matter	matter	NOUN
taxlaw-2799	1801	69	and	and	CCONJ
taxlaw-2799	1801	70	may	may	AUX
taxlaw-2799	1801	71	net	net	VERB
taxlaw-2799	1801	72	as	as	ADP
taxlaw-2799	1801	73	a	a	DET
taxlaw-2799	1801	74	legal	legal	ADJ
taxlaw-2799	1801	75	matter	matter	NOUN
taxlaw-2799	1801	76	.	.	PUNCT
taxlaw-2799	1802	1	hedge	hedge	NOUN
taxlaw-2799	1802	2	funds	fund	NOUN
taxlaw-2799	1802	3	or	or	CCONJ
taxlaw-2799	1802	4	other	other	ADJ
taxlaw-2799	1802	5	active	active	ADJ
taxlaw-2799	1802	6	market	market	NOUN
taxlaw-2799	1802	7	participants	participant	NOUN
taxlaw-2799	1802	8	in	in	ADP
taxlaw-2799	1802	9	the	the	DET
taxlaw-2799	1802	10	swap	swap	NOUN
taxlaw-2799	1802	11	market	market	NOUN
taxlaw-2799	1802	12	also	also	ADV
taxlaw-2799	1802	13	are	be	AUX
taxlaw-2799	1802	14	likely	likely	ADJ
taxlaw-2799	1802	15	to	to	PART
taxlaw-2799	1802	16	transact	transact	VERB
taxlaw-2799	1802	17	in	in	ADP
taxlaw-2799	1802	18	a	a	DET
taxlaw-2799	1802	19	manner	manner	NOUN
taxlaw-2799	1802	20	that	that	PRON
taxlaw-2799	1802	21	results	result	VERB
taxlaw-2799	1802	22	in	in	ADP
taxlaw-2799	1802	23	netting	net	VERB
taxlaw-2799	1802	24	of	of	ADP
taxlaw-2799	1802	25	outstanding	outstanding	ADJ
taxlaw-2799	1802	26	contracts	contract	NOUN
taxlaw-2799	1802	27	on	on	ADP
taxlaw-2799	1802	28	a	a	DET
taxlaw-2799	1802	29	regular	regular	ADJ
taxlaw-2799	1802	30	basis	basis	NOUN
taxlaw-2799	1802	31	.	.	PUNCT
taxlaw-2799	1803	1	a	a	DET
taxlaw-2799	1803	2	possible	possible	ADJ
taxlaw-2799	1803	3	response	response	NOUN
taxlaw-2799	1803	4	to	to	ADP
taxlaw-2799	1803	5	these	these	DET
taxlaw-2799	1803	6	facts	fact	NOUN
taxlaw-2799	1803	7	would	would	AUX
taxlaw-2799	1803	8	be	be	AUX
taxlaw-2799	1803	9	to	to	PART
taxlaw-2799	1803	10	shrug	shrug	VERB
taxlaw-2799	1803	11	.	.	PUNCT
taxlaw-2799	1804	1	after	after	ADV
taxlaw-2799	1804	2	all	all	ADV
taxlaw-2799	1804	3	,	,	PUNCT
taxlaw-2799	1804	4	it	it	PRON
taxlaw-2799	1804	5	is	be	AUX
taxlaw-2799	1804	6	not	not	PART
taxlaw-2799	1804	7	uncommon	uncommon	ADJ
taxlaw-2799	1804	8	for	for	SCONJ
taxlaw-2799	1804	9	issuers	issuer	NOUN
taxlaw-2799	1804	10	of	of	ADP
taxlaw-2799	1804	11	debt	debt	NOUN
taxlaw-2799	1804	12	to	to	PART
taxlaw-2799	1804	13	redeem	redeem	VERB
taxlaw-2799	1804	14	it	it	PRON
taxlaw-2799	1804	15	early	early	ADV
taxlaw-2799	1804	16	,	,	PUNCT
taxlaw-2799	1804	17	whether	whether	SCONJ
taxlaw-2799	1804	18	voluntarily	voluntarily	ADV
taxlaw-2799	1804	19	or	or	CCONJ
taxlaw-2799	1804	20	pursuant	pursuant	ADJ
taxlaw-2799	1804	21	to	to	ADP
taxlaw-2799	1804	22	the	the	DET
taxlaw-2799	1804	23	terms	term	NOUN
taxlaw-2799	1804	24	of	of	ADP
taxlaw-2799	1804	25	the	the	DET
taxlaw-2799	1804	26	debt	debt	NOUN
taxlaw-2799	1804	27	instrument	instrument	NOUN
taxlaw-2799	1804	28	.	.	PUNCT
taxlaw-2799	1805	1	moreover	moreover	ADV
taxlaw-2799	1805	2	,	,	PUNCT
taxlaw-2799	1805	3	it	it	PRON
taxlaw-2799	1805	4	is	be	AUX
taxlaw-2799	1805	5	not	not	PART
taxlaw-2799	1805	6	so	so	ADV
taxlaw-2799	1805	7	easy	easy	ADJ
taxlaw-2799	1805	8	to	to	PART
taxlaw-2799	1805	9	see	see	VERB
taxlaw-2799	1805	10	what	what	PRON
taxlaw-2799	1805	11	other	other	ADJ
taxlaw-2799	1805	12	rule	rule	NOUN
taxlaw-2799	1805	13	should	should	AUX
taxlaw-2799	1805	14	be	be	AUX
taxlaw-2799	1805	15	adopted	adopt	VERB
taxlaw-2799	1805	16	.	.	PUNCT
taxlaw-2799	1806	1	even	even	ADV
taxlaw-2799	1806	2	if	if	SCONJ
taxlaw-2799	1806	3	one	one	NUM
taxlaw-2799	1806	4	concluded	conclude	VERB
taxlaw-2799	1806	5	that	that	SCONJ
taxlaw-2799	1806	6	an	an	DET
taxlaw-2799	1806	7	upfront	upfront	ADJ
taxlaw-2799	1806	8	payment	payment	NOUN
taxlaw-2799	1806	9	for	for	ADP
taxlaw-2799	1806	10	a	a	DET
taxlaw-2799	1806	11	taxpayer	taxpayer	NOUN
taxlaw-2799	1806	12	of	of	ADP
taxlaw-2799	1806	13	this	this	DET
taxlaw-2799	1806	14	kind	kind	NOUN
taxlaw-2799	1806	15	is	be	AUX
taxlaw-2799	1806	16	really	really	ADV
taxlaw-2799	1806	17	a	a	DET
taxlaw-2799	1806	18	short	short	ADJ
taxlaw-2799	1806	19	-	-	PUNCT
taxlaw-2799	1806	20	term	term	NOUN
taxlaw-2799	1806	21	debt	debt	NOUN
taxlaw-2799	1806	22	instrument	instrument	NOUN
taxlaw-2799	1806	23	,	,	PUNCT
taxlaw-2799	1806	24	that	that	PRON
taxlaw-2799	1806	25	would	would	AUX
taxlaw-2799	1806	26	not	not	PART
taxlaw-2799	1806	27	answer	answer	VERB
taxlaw-2799	1806	28	the	the	DET
taxlaw-2799	1806	29	question	question	NOUN
taxlaw-2799	1806	30	of	of	ADP
taxlaw-2799	1806	31	how	how	SCONJ
taxlaw-2799	1806	32	to	to	PART
taxlaw-2799	1806	33	determine	determine	VERB
taxlaw-2799	1806	34	the	the	DET
taxlaw-2799	1806	35	amount	amount	NOUN
taxlaw-2799	1806	36	of	of	ADP
taxlaw-2799	1806	37	interest	interest	NOUN
taxlaw-2799	1806	38	deemed	deem	VERB
taxlaw-2799	1806	39	to	to	PART
taxlaw-2799	1806	40	accrue	accrue	VERB
taxlaw-2799	1806	41	on	on	ADP
taxlaw-2799	1806	42	that	that	DET
taxlaw-2799	1806	43	debt	debt	NOUN
taxlaw-2799	1806	44	instrument	instrument	NOUN
taxlaw-2799	1806	45	.	.	PUNCT
taxlaw-2799	1807	1	alternatively	alternatively	ADV
taxlaw-2799	1807	2	,	,	PUNCT
taxlaw-2799	1807	3	one	one	PRON
taxlaw-2799	1807	4	might	might	AUX
taxlaw-2799	1807	5	conclude	conclude	VERB
taxlaw-2799	1807	6	that	that	SCONJ
taxlaw-2799	1807	7	in	in	ADP
taxlaw-2799	1807	8	this	this	DET
taxlaw-2799	1807	9	setting	setting	NOUN
taxlaw-2799	1807	10	it	it	PRON
taxlaw-2799	1807	11	is	be	AUX
taxlaw-2799	1807	12	not	not	PART
taxlaw-2799	1807	13	appropriate	appropriate	ADJ
taxlaw-2799	1807	14	to	to	PART
taxlaw-2799	1807	15	impute	impute	VERB
taxlaw-2799	1807	16	a	a	DET
taxlaw-2799	1807	17	loan	loan	NOUN
taxlaw-2799	1807	18	or	or	CCONJ
taxlaw-2799	1807	19	to	to	PART
taxlaw-2799	1807	20	impute	impute	VERB
taxlaw-2799	1807	21	interest	interest	NOUN
taxlaw-2799	1807	22	,	,	PUNCT
taxlaw-2799	1807	23	at	at	ADP
taxlaw-2799	1807	24	least	least	ADJ
taxlaw-2799	1807	25	for	for	ADP
taxlaw-2799	1807	26	taxpayers	taxpayer	NOUN
taxlaw-2799	1807	27	of	of	ADP
taxlaw-2799	1807	28	the	the	DET
taxlaw-2799	1807	29	kind	kind	NOUN
taxlaw-2799	1807	30	described	describe	VERB
taxlaw-2799	1807	31	above	above	ADV
taxlaw-2799	1807	32	.	.	PUNCT
taxlaw-2799	1808	1	that	that	PRON
taxlaw-2799	1808	2	raises	raise	VERB
taxlaw-2799	1808	3	the	the	DET
taxlaw-2799	1808	4	more	more	ADV
taxlaw-2799	1808	5	general	general	ADJ
taxlaw-2799	1808	6	question	question	NOUN
taxlaw-2799	1808	7	of	of	ADP
taxlaw-2799	1808	8	why	why	SCONJ
taxlaw-2799	1808	9	it	it	PRON
taxlaw-2799	1808	10	is	be	AUX
taxlaw-2799	1808	11	appropriate	appropriate	ADJ
taxlaw-2799	1808	12	to	to	PART
taxlaw-2799	1808	13	do	do	VERB
taxlaw-2799	1808	14	so	so	ADV
taxlaw-2799	1808	15	for	for	ADP
taxlaw-2799	1808	16	npcs	npc	NOUN
taxlaw-2799	1808	17	in	in	ADP
taxlaw-2799	1808	18	the	the	DET
taxlaw-2799	1808	19	first	first	ADJ
taxlaw-2799	1808	20	place	place	NOUN
taxlaw-2799	1808	21	.	.	PUNCT
taxlaw-2799	1809	1	if	if	SCONJ
taxlaw-2799	1809	2	it	it	PRON
taxlaw-2799	1809	3	is	be	AUX
taxlaw-2799	1809	4	correct	correct	ADJ
taxlaw-2799	1809	5	that	that	SCONJ
taxlaw-2799	1809	6	the	the	DET
taxlaw-2799	1809	7	principal	principal	ADJ
taxlaw-2799	1809	8	reason	reason	NOUN
taxlaw-2799	1809	9	for	for	ADP
taxlaw-2799	1809	10	the	the	DET
taxlaw-2799	1809	11	deemed	deemed	ADJ
taxlaw-2799	1809	12	loan	loan	NOUN
taxlaw-2799	1809	13	construct	construct	NOUN
taxlaw-2799	1809	14	is	be	AUX
taxlaw-2799	1809	15	to	to	PART
taxlaw-2799	1809	16	prevent	prevent	VERB
taxlaw-2799	1809	17	related	related	ADJ
taxlaw-2799	1809	18	parties	party	NOUN
taxlaw-2799	1809	19	from	from	ADP
taxlaw-2799	1809	20	avoiding	avoid	VERB
taxlaw-2799	1809	21	withholding	withholding	NOUN
taxlaw-2799	1809	22	tax	tax	NOUN
taxlaw-2799	1809	23	on	on	ADP
taxlaw-2799	1809	24	interest	interest	NOUN
taxlaw-2799	1809	25	,	,	PUNCT
taxlaw-2799	1809	26	a	a	DET
taxlaw-2799	1809	27	more	more	ADV
taxlaw-2799	1809	28	narrowly	narrowly	ADV
taxlaw-2799	1809	29	targeted	target	VERB
taxlaw-2799	1809	30	rule	rule	NOUN
taxlaw-2799	1809	31	could	could	AUX
taxlaw-2799	1809	32	serve	serve	VERB
taxlaw-2799	1809	33	that	that	DET
taxlaw-2799	1809	34	purpose	purpose	NOUN
taxlaw-2799	1809	35	without	without	ADP
taxlaw-2799	1809	36	raising	raise	VERB
taxlaw-2799	1809	37	the	the	DET
taxlaw-2799	1809	38	many	many	ADJ
taxlaw-2799	1809	39	questions	question	NOUN
taxlaw-2799	1809	40	identified	identify	VERB
taxlaw-2799	1809	41	above	above	ADV
taxlaw-2799	1809	42	.	.	PUNCT
taxlaw-2799	1810	1	c.	c.	NOUN
taxlaw-2799	1810	2	additional	additional	ADJ
taxlaw-2799	1810	3	issues	issue	NOUN
taxlaw-2799	1810	4	for	for	ADP
taxlaw-2799	1810	5	cds	cd	NOUN
taxlaw-2799	1810	6	.	.	PUNCT
taxlaw-2799	1811	1	1	1	X
taxlaw-2799	1811	2	.	.	X
taxlaw-2799	1811	3	do	do	AUX
taxlaw-2799	1811	4	the	the	DET
taxlaw-2799	1811	5	deemed	deemed	ADJ
taxlaw-2799	1811	6	loan	loan	NOUN
taxlaw-2799	1811	7	rules	rule	NOUN
taxlaw-2799	1811	8	apply	apply	VERB
taxlaw-2799	1811	9	?	?	PUNCT
taxlaw-2799	1812	1	as	as	SCONJ
taxlaw-2799	1812	2	noted	note	VERB
taxlaw-2799	1812	3	above	above	ADV
taxlaw-2799	1812	4	,	,	PUNCT
taxlaw-2799	1812	5	the	the	DET
taxlaw-2799	1812	6	deemed	deemed	ADJ
taxlaw-2799	1812	7	loan	loan	NOUN
taxlaw-2799	1812	8	rules	rule	NOUN
taxlaw-2799	1812	9	apply	apply	VERB
taxlaw-2799	1812	10	only	only	ADV
taxlaw-2799	1812	11	to	to	ADP
taxlaw-2799	1812	12	npcs	npc	NOUN
taxlaw-2799	1812	13	that	that	PRON
taxlaw-2799	1812	14	qualify	qualify	VERB
taxlaw-2799	1812	15	as	as	ADP
taxlaw-2799	1812	16	“	"	PUNCT
taxlaw-2799	1812	17	swaps	swap	NOUN
taxlaw-2799	1812	18	,	,	PUNCT
taxlaw-2799	1812	19	”	"	PUNCT
taxlaw-2799	1812	20	90	90	NUM
taxlaw-2799	1812	21	columbia	columbia	PROPN
taxlaw-2799	1812	22	jour	jour	PROPN
taxlaw-2799	1812	23	al	al	PROPN
taxlaw-2799	1812	24	of	of	ADP
taxlaw-2799	1812	25	tax	tax	NOUN
taxlaw-2799	1812	26	law	law	NOUN
taxlaw-2799	1813	1	[	[	X
taxlaw-2799	1813	2	vol	vol	NOUN
taxlaw-2799	1813	3	.	.	PUNCT
taxlaw-2799	1813	4	2:1	2:1	NUM
taxlaw-2799	1814	1	and	and	CCONJ
taxlaw-2799	1814	2	it	it	PRON
taxlaw-2799	1814	3	is	be	AUX
taxlaw-2799	1814	4	unclear	unclear	ADJ
taxlaw-2799	1814	5	whether	whether	SCONJ
taxlaw-2799	1814	6	a	a	DET
taxlaw-2799	1814	7	cds	cd	NOUN
taxlaw-2799	1814	8	is	be	AUX
taxlaw-2799	1814	9	properly	properly	ADV
taxlaw-2799	1814	10	treated	treat	VERB
taxlaw-2799	1814	11	as	as	ADP
taxlaw-2799	1814	12	an	an	DET
taxlaw-2799	1814	13	npc	npc	NOUN
taxlaw-2799	1814	14	,	,	PUNCT
taxlaw-2799	1814	15	an	an	DET
taxlaw-2799	1814	16	option	option	NOUN
taxlaw-2799	1814	17	,	,	PUNCT
taxlaw-2799	1814	18	or	or	CCONJ
taxlaw-2799	1814	19	possibly	possibly	ADV
taxlaw-2799	1814	20	some	some	DET
taxlaw-2799	1814	21	other	other	ADJ
taxlaw-2799	1814	22	kind	kind	NOUN
taxlaw-2799	1814	23	of	of	ADP
taxlaw-2799	1814	24	miscellaneous	miscellaneous	ADJ
taxlaw-2799	1814	25	derivative	derivative	ADJ
taxlaw-2799	1814	26	financial	financial	ADJ
taxlaw-2799	1814	27	instrument	instrument	NOUN
taxlaw-2799	1814	28	.	.	PUNCT
taxlaw-2799	1815	1	for	for	ADP
taxlaw-2799	1815	2	this	this	DET
taxlaw-2799	1815	3	reason	reason	NOUN
taxlaw-2799	1815	4	if	if	SCONJ
taxlaw-2799	1815	5	no	no	DET
taxlaw-2799	1815	6	other	other	ADJ
taxlaw-2799	1815	7	,	,	PUNCT
taxlaw-2799	1815	8	therefore	therefore	ADV
taxlaw-2799	1815	9	,	,	PUNCT
taxlaw-2799	1815	10	the	the	DET
taxlaw-2799	1815	11	proper	proper	ADJ
taxlaw-2799	1815	12	treatment	treatment	NOUN
taxlaw-2799	1815	13	of	of	ADP
taxlaw-2799	1815	14	cleared	clear	VERB
taxlaw-2799	1815	15	cds	cd	NOUN
taxlaw-2799	1815	16	with	with	ADP
taxlaw-2799	1815	17	upfront	upfront	ADJ
taxlaw-2799	1815	18	payments	payment	NOUN
taxlaw-2799	1815	19	is	be	AUX
taxlaw-2799	1815	20	more	more	ADV
taxlaw-2799	1815	21	difficult	difficult	ADJ
taxlaw-2799	1815	22	than	than	ADP
taxlaw-2799	1815	23	for	for	ADP
taxlaw-2799	1815	24	other	other	ADJ
taxlaw-2799	1815	25	cleared	clear	VERB
taxlaw-2799	1815	26	swaps	swap	NOUN
taxlaw-2799	1815	27	.	.	PUNCT
taxlaw-2799	1816	1	as	as	SCONJ
taxlaw-2799	1816	2	it	it	PRON
taxlaw-2799	1816	3	happens	happen	VERB
taxlaw-2799	1816	4	,	,	PUNCT
taxlaw-2799	1816	5	the	the	DET
taxlaw-2799	1816	6	question	question	NOUN
taxlaw-2799	1816	7	of	of	ADP
taxlaw-2799	1816	8	whether	whether	SCONJ
taxlaw-2799	1816	9	one	one	NUM
taxlaw-2799	1816	10	specific	specific	ADJ
taxlaw-2799	1816	11	type	type	NOUN
taxlaw-2799	1816	12	of	of	ADP
taxlaw-2799	1816	13	cds	cd	NOUN
taxlaw-2799	1816	14	should	should	AUX
taxlaw-2799	1816	15	be	be	AUX
taxlaw-2799	1816	16	treated	treat	VERB
taxlaw-2799	1816	17	as	as	ADP
taxlaw-2799	1816	18	an	an	DET
taxlaw-2799	1816	19	npc	npc	NOUN
taxlaw-2799	1816	20	or	or	CCONJ
taxlaw-2799	1816	21	as	as	ADP
taxlaw-2799	1816	22	an	an	DET
taxlaw-2799	1816	23	option	option	NOUN
taxlaw-2799	1816	24	for	for	ADP
taxlaw-2799	1816	25	u.s	u.s	PROPN
taxlaw-2799	1816	26	.	.	PROPN
taxlaw-2799	1816	27	federal	federal	ADJ
taxlaw-2799	1816	28	income	income	NOUN
taxlaw-2799	1816	29	tax	tax	NOUN
taxlaw-2799	1816	30	purposes	purpose	NOUN
taxlaw-2799	1816	31	has	have	AUX
taxlaw-2799	1816	32	been	be	AUX
taxlaw-2799	1816	33	raised	raise	VERB
taxlaw-2799	1816	34	in	in	ADP
taxlaw-2799	1816	35	litigation	litigation	NOUN
taxlaw-2799	1816	36	in	in	ADP
taxlaw-2799	1816	37	bankruptcy	bankruptcy	NOUN
taxlaw-2799	1816	38	court	court	NOUN
taxlaw-2799	1816	39	,	,	PUNCT
taxlaw-2799	1816	40	under	under	ADP
taxlaw-2799	1816	41	circumstances	circumstance	NOUN
taxlaw-2799	1816	42	that	that	PRON
taxlaw-2799	1816	43	not	not	PART
taxlaw-2799	1816	44	only	only	ADV
taxlaw-2799	1816	45	make	make	VERB
taxlaw-2799	1816	46	the	the	DET
taxlaw-2799	1816	47	answer	answer	NOUN
taxlaw-2799	1816	48	to	to	ADP
taxlaw-2799	1816	49	that	that	DET
taxlaw-2799	1816	50	question	question	NOUN
taxlaw-2799	1816	51	a	a	DET
taxlaw-2799	1816	52	do	do	AUX
taxlaw-2799	1816	53	-	-	PUNCT
taxlaw-2799	1816	54	or	or	CCONJ
taxlaw-2799	1816	55	-	-	PUNCT
taxlaw-2799	1816	56	die	die	VERB
taxlaw-2799	1816	57	matter	matter	NOUN
taxlaw-2799	1816	58	for	for	ADP
taxlaw-2799	1816	59	the	the	DET
taxlaw-2799	1816	60	taxpayer	taxpayer	NOUN
taxlaw-2799	1816	61	in	in	ADP
taxlaw-2799	1816	62	question	question	NOUN
taxlaw-2799	1816	63	but	but	CCONJ
taxlaw-2799	1816	64	also	also	ADV
taxlaw-2799	1816	65	may	may	AUX
taxlaw-2799	1816	66	have	have	VERB
taxlaw-2799	1816	67	very	very	ADV
taxlaw-2799	1816	68	significant	significant	ADJ
taxlaw-2799	1816	69	financial	financial	ADJ
taxlaw-2799	1816	70	consequences	consequence	NOUN
taxlaw-2799	1816	71	for	for	ADP
taxlaw-2799	1816	72	its	its	PRON
taxlaw-2799	1816	73	counterparties	counterpartie	NOUN
taxlaw-2799	1816	74	.	.	PUNCT
taxlaw-2799	1817	1	the	the	DET
taxlaw-2799	1817	2	bankrupt	bankrupt	ADJ
taxlaw-2799	1817	3	taxpayer	taxpayer	NOUN
taxlaw-2799	1817	4	is	be	AUX
taxlaw-2799	1817	5	ambac	ambac	ADJ
taxlaw-2799	1817	6	financial	financial	ADJ
taxlaw-2799	1817	7	group	group	NOUN
taxlaw-2799	1817	8	,	,	PUNCT
taxlaw-2799	1817	9	inc	inc	PROPN
taxlaw-2799	1817	10	.	.	PROPN
taxlaw-2799	1817	11	,	,	PUNCT
taxlaw-2799	1817	12	a	a	DET
taxlaw-2799	1817	13	“	"	PUNCT
taxlaw-2799	1817	14	monoline	monoline	ADJ
taxlaw-2799	1817	15	”	"	PUNCT
taxlaw-2799	1817	16	insurer	insurer	NOUN
taxlaw-2799	1817	17	.	.	PUNCT
taxlaw-2799	1818	1	like	like	ADP
taxlaw-2799	1818	2	other	other	ADJ
taxlaw-2799	1818	3	u.s	u.s	PROPN
taxlaw-2799	1818	4	.	.	PROPN
taxlaw-2799	1818	5	monolines	monoline	NOUN
taxlaw-2799	1818	6	,	,	PUNCT
taxlaw-2799	1818	7	ambac	ambac	PROPN
taxlaw-2799	1818	8	’s	’s	PART
taxlaw-2799	1818	9	core	core	NOUN
taxlaw-2799	1818	10	business	business	NOUN
taxlaw-2799	1818	11	was	be	AUX
taxlaw-2799	1818	12	historically	historically	ADV
taxlaw-2799	1818	13	to	to	PART
taxlaw-2799	1818	14	provide	provide	VERB
taxlaw-2799	1818	15	financial	financial	ADJ
taxlaw-2799	1818	16	guarantee	guarantee	NOUN
taxlaw-2799	1818	17	insurance	insurance	NOUN
taxlaw-2799	1818	18	to	to	ADP
taxlaw-2799	1818	19	investors	investor	NOUN
taxlaw-2799	1818	20	in	in	ADP
taxlaw-2799	1818	21	municipal	municipal	ADJ
taxlaw-2799	1818	22	bonds	bond	NOUN
taxlaw-2799	1818	23	.	.	PUNCT
taxlaw-2799	1819	1	during	during	ADP
taxlaw-2799	1819	2	the	the	DET
taxlaw-2799	1819	3	heyday	heyday	NOUN
taxlaw-2799	1819	4	of	of	ADP
taxlaw-2799	1819	5	mortgage	mortgage	NOUN
taxlaw-2799	1819	6	securitizations	securitization	NOUN
taxlaw-2799	1819	7	,	,	PUNCT
taxlaw-2799	1819	8	however	however	ADV
taxlaw-2799	1819	9	,	,	PUNCT
taxlaw-2799	1819	10	ambac	ambac	PROPN
taxlaw-2799	1819	11	began	begin	VERB
taxlaw-2799	1819	12	to	to	PART
taxlaw-2799	1819	13	write	write	VERB
taxlaw-2799	1819	14	cds	cd	NOUN
taxlaw-2799	1819	15	on	on	ADP
taxlaw-2799	1819	16	mortgage	mortgage	NOUN
taxlaw-2799	1819	17	-	-	PUNCT
taxlaw-2799	1819	18	backed	back	VERB
taxlaw-2799	1819	19	securities	security	NOUN
taxlaw-2799	1819	20	.	.	PUNCT
taxlaw-2799	1820	1	that	that	DET
taxlaw-2799	1820	2	expansion	expansion	NOUN
taxlaw-2799	1820	3	of	of	ADP
taxlaw-2799	1820	4	its	its	PRON
taxlaw-2799	1820	5	business	business	NOUN
taxlaw-2799	1820	6	proved	prove	VERB
taxlaw-2799	1820	7	ill	ill	ADV
taxlaw-2799	1820	8	-	-	PUNCT
taxlaw-2799	1820	9	fated	fate	VERB
taxlaw-2799	1820	10	,	,	PUNCT
taxlaw-2799	1820	11	and	and	CCONJ
taxlaw-2799	1820	12	ambac	ambac	NOUN
taxlaw-2799	1820	13	engaged	engage	VERB
taxlaw-2799	1820	14	first	first	ADV
taxlaw-2799	1820	15	in	in	ADP
taxlaw-2799	1820	16	a	a	DET
taxlaw-2799	1820	17	number	number	NOUN
taxlaw-2799	1820	18	of	of	ADP
taxlaw-2799	1820	19	out	out	ADV
taxlaw-2799	1820	20	-	-	PUNCT
taxlaw-2799	1820	21	of	of	ADP
taxlaw-2799	1820	22	-	-	PUNCT
taxlaw-2799	1820	23	court	court	NOUN
taxlaw-2799	1820	24	settlements	settlement	NOUN
taxlaw-2799	1820	25	with	with	ADP
taxlaw-2799	1820	26	its	its	PRON
taxlaw-2799	1820	27	cds	cd	NOUN
taxlaw-2799	1820	28	counterparties	counterpartie	NOUN
taxlaw-2799	1820	29	and	and	CCONJ
taxlaw-2799	1820	30	ultimately	ultimately	ADV
taxlaw-2799	1820	31	sought	seek	VERB
taxlaw-2799	1820	32	bankruptcy	bankruptcy	NOUN
taxlaw-2799	1820	33	protection	protection	NOUN
taxlaw-2799	1820	34	.	.	PUNCT
taxlaw-2799	1821	1	according	accord	VERB
taxlaw-2799	1821	2	to	to	ADP
taxlaw-2799	1821	3	ambac	ambac	PROPN
taxlaw-2799	1821	4	’s	’s	PART
taxlaw-2799	1821	5	financial	financial	ADJ
taxlaw-2799	1821	6	statements	statement	NOUN
taxlaw-2799	1821	7	,	,	PUNCT
taxlaw-2799	1821	8	ambac	ambac	PROPN
taxlaw-2799	1821	9	’s	’s	PART
taxlaw-2799	1821	10	court	court	NOUN
taxlaw-2799	1821	11	filings	filing	NOUN
taxlaw-2799	1821	12	and	and	CCONJ
taxlaw-2799	1821	13	published	publish	VERB
taxlaw-2799	1821	14	news	news	NOUN
taxlaw-2799	1821	15	reports,149	reports,149	NOUN
taxlaw-2799	1821	16	one	one	NUM
taxlaw-2799	1821	17	of	of	ADP
taxlaw-2799	1821	18	ambac	ambac	PROPN
taxlaw-2799	1821	19	’s	’s	PART
taxlaw-2799	1821	20	most	most	ADV
taxlaw-2799	1821	21	important	important	ADJ
taxlaw-2799	1821	22	assets	asset	NOUN
taxlaw-2799	1821	23	is	be	AUX
taxlaw-2799	1821	24	a	a	DET
taxlaw-2799	1821	25	$	$	SYM
taxlaw-2799	1821	26	700	700	NUM
taxlaw-2799	1821	27	million	million	NUM
taxlaw-2799	1821	28	refund	refund	NOUN
taxlaw-2799	1821	29	that	that	SCONJ
taxlaw-2799	1821	30	it	it	PRON
taxlaw-2799	1821	31	has	have	AUX
taxlaw-2799	1821	32	received	receive	VERB
taxlaw-2799	1821	33	as	as	ADP
taxlaw-2799	1821	34	a	a	DET
taxlaw-2799	1821	35	result	result	NOUN
taxlaw-2799	1821	36	of	of	ADP
taxlaw-2799	1821	37	losses	loss	NOUN
taxlaw-2799	1821	38	on	on	ADP
taxlaw-2799	1821	39	a	a	DET
taxlaw-2799	1821	40	type	type	NOUN
taxlaw-2799	1821	41	of	of	ADP
taxlaw-2799	1821	42	cds	cd	NOUN
taxlaw-2799	1821	43	contract	contract	NOUN
taxlaw-2799	1821	44	known	know	VERB
taxlaw-2799	1821	45	as	as	ADP
taxlaw-2799	1821	46	a	a	DET
taxlaw-2799	1821	47	“	"	PUNCT
taxlaw-2799	1821	48	pay	pay	NOUN
taxlaw-2799	1821	49	as	as	SCONJ
taxlaw-2799	1821	50	you	you	PRON
taxlaw-2799	1821	51	go	go	VERB
taxlaw-2799	1821	52	”	"	PUNCT
taxlaw-2799	1821	53	(	(	PUNCT
taxlaw-2799	1821	54	or	or	CCONJ
taxlaw-2799	1821	55	paygo	paygo	NOUN
taxlaw-2799	1821	56	)	)	PUNCT
taxlaw-2799	1821	57	cds	cd	NOUN
taxlaw-2799	1821	58	.	.	PUNCT
taxlaw-2799	1822	1	ambac	ambac	PROPN
taxlaw-2799	1822	2	began	begin	VERB
taxlaw-2799	1822	3	to	to	PART
taxlaw-2799	1822	4	write	write	VERB
taxlaw-2799	1822	5	(	(	PUNCT
taxlaw-2799	1822	6	non	non	ADJ
taxlaw-2799	1822	7	-	-	ADJ
taxlaw-2799	1822	8	paygo	paygo	ADJ
taxlaw-2799	1822	9	)	)	PUNCT
taxlaw-2799	1822	10	cds	cd	NOUN
taxlaw-2799	1822	11	in	in	ADP
taxlaw-2799	1822	12	1999	1999	NUM
taxlaw-2799	1822	13	,	,	PUNCT
taxlaw-2799	1822	14	through	through	ADP
taxlaw-2799	1822	15	a	a	DET
taxlaw-2799	1822	16	non	non	ADJ
taxlaw-2799	1822	17	-	-	ADJ
taxlaw-2799	1822	18	insurance	insurance	ADJ
taxlaw-2799	1822	19	subsidiary	subsidiary	NOUN
taxlaw-2799	1822	20	.	.	PUNCT
taxlaw-2799	1823	1	ambac	ambac	PROPN
taxlaw-2799	1823	2	treated	treat	VERB
taxlaw-2799	1823	3	these	these	DET
taxlaw-2799	1823	4	cds	cd	NOUN
taxlaw-2799	1823	5	as	as	ADP
taxlaw-2799	1823	6	options	option	NOUN
taxlaw-2799	1823	7	for	for	ADP
taxlaw-2799	1823	8	tax	tax	NOUN
taxlaw-2799	1823	9	purposes	purpose	NOUN
taxlaw-2799	1823	10	,	,	PUNCT
taxlaw-2799	1823	11	and	and	CCONJ
taxlaw-2799	1823	12	that	that	DET
taxlaw-2799	1823	13	treatment	treatment	NOUN
taxlaw-2799	1823	14	was	be	AUX
taxlaw-2799	1823	15	reviewed	review	VERB
taxlaw-2799	1823	16	and	and	CCONJ
taxlaw-2799	1823	17	approved	approve	VERB
taxlaw-2799	1823	18	by	by	ADP
taxlaw-2799	1823	19	the	the	DET
taxlaw-2799	1823	20	irs	irs	PROPN
taxlaw-2799	1823	21	through	through	ADP
taxlaw-2799	1823	22	2004	2004	NUM
taxlaw-2799	1823	23	.	.	PUNCT
taxlaw-2799	1824	1	as	as	ADP
taxlaw-2799	1824	2	a	a	DET
taxlaw-2799	1824	3	result	result	NOUN
taxlaw-2799	1824	4	,	,	PUNCT
taxlaw-2799	1824	5	ambac	ambac	PROPN
taxlaw-2799	1824	6	treated	treat	VERB
taxlaw-2799	1824	7	cds	cd	NOUN
taxlaw-2799	1824	8	premiums	premium	NOUN
taxlaw-2799	1824	9	received	receive	VERB
taxlaw-2799	1824	10	as	as	ADP
taxlaw-2799	1824	11	giving	give	VERB
taxlaw-2799	1824	12	rise	rise	NOUN
taxlaw-2799	1824	13	to	to	ADP
taxlaw-2799	1824	14	income	income	NOUN
taxlaw-2799	1824	15	(	(	PUNCT
taxlaw-2799	1824	16	presumably	presumably	ADV
taxlaw-2799	1824	17	capital	capital	NOUN
taxlaw-2799	1824	18	gain	gain	NOUN
taxlaw-2799	1824	19	)	)	PUNCT
taxlaw-2799	1824	20	when	when	SCONJ
taxlaw-2799	1824	21	the	the	DET
taxlaw-2799	1824	22	contract	contract	NOUN
taxlaw-2799	1824	23	was	be	AUX
taxlaw-2799	1824	24	terminated	terminate	VERB
taxlaw-2799	1824	25	or	or	CCONJ
taxlaw-2799	1824	26	expired	expire	VERB
taxlaw-2799	1824	27	.	.	PUNCT
taxlaw-2799	1825	1	in	in	ADP
taxlaw-2799	1825	2	2005	2005	NUM
taxlaw-2799	1825	3	ambac	ambac	NOUN
taxlaw-2799	1825	4	began	begin	VERB
taxlaw-2799	1825	5	to	to	PART
taxlaw-2799	1825	6	write	write	VERB
taxlaw-2799	1825	7	paygo	paygo	NOUN
taxlaw-2799	1825	8	cds	cd	NOUN
taxlaw-2799	1825	9	,	,	PUNCT
taxlaw-2799	1825	10	which	which	PRON
taxlaw-2799	1825	11	it	it	PRON
taxlaw-2799	1825	12	also	also	ADV
taxlaw-2799	1825	13	treated	treat	VERB
taxlaw-2799	1825	14	as	as	ADP
taxlaw-2799	1825	15	options	option	NOUN
taxlaw-2799	1825	16	for	for	ADP
taxlaw-2799	1825	17	tax	tax	NOUN
taxlaw-2799	1825	18	purposes	purpose	NOUN
taxlaw-2799	1825	19	.	.	PUNCT
taxlaw-2799	1826	1	in	in	ADP
taxlaw-2799	1826	2	2007	2007	NUM
taxlaw-2799	1826	3	,	,	PUNCT
taxlaw-2799	1826	4	ambac	ambac	PROPN
taxlaw-2799	1826	5	began	begin	VERB
taxlaw-2799	1826	6	to	to	PART
taxlaw-2799	1826	7	experience	experience	VERB
taxlaw-2799	1826	8	losses	loss	NOUN
taxlaw-2799	1826	9	on	on	ADP
taxlaw-2799	1826	10	its	its	PRON
taxlaw-2799	1826	11	paygo	paygo	NOUN
taxlaw-2799	1826	12	cds	cd	NOUN
taxlaw-2799	1826	13	.	.	PUNCT
taxlaw-2799	1827	1	in	in	ADP
taxlaw-2799	1827	2	2008	2008	NUM
taxlaw-2799	1827	3	,	,	PUNCT
taxlaw-2799	1827	4	ambac	ambac	PROPN
taxlaw-2799	1827	5	adopted	adopt	VERB
taxlaw-2799	1827	6	the	the	DET
taxlaw-2799	1827	7	position	position	NOUN
taxlaw-2799	1827	8	that	that	PRON
taxlaw-2799	1827	9	paygo	paygo	NOUN
taxlaw-2799	1827	10	cds	cd	NOUN
taxlaw-2799	1827	11	were	be	AUX
taxlaw-2799	1827	12	properly	properly	ADV
taxlaw-2799	1827	13	characterized	characterize	VERB
taxlaw-2799	1827	14	not	not	PART
taxlaw-2799	1827	15	as	as	ADP
taxlaw-2799	1827	16	options	option	NOUN
taxlaw-2799	1827	17	but	but	CCONJ
taxlaw-2799	1827	18	instead	instead	ADV
taxlaw-2799	1827	19	as	as	ADP
taxlaw-2799	1827	20	npcs	npc	NOUN
taxlaw-2799	1827	21	,	,	PUNCT
taxlaw-2799	1827	22	and	and	CCONJ
taxlaw-2799	1827	23	began	begin	VERB
taxlaw-2799	1827	24	to	to	PART
taxlaw-2799	1827	25	take	take	VERB
taxlaw-2799	1827	26	losses	loss	NOUN
taxlaw-2799	1827	27	(	(	PUNCT
taxlaw-2799	1827	28	but	but	CCONJ
taxlaw-2799	1827	29	not	not	PART
taxlaw-2799	1827	30	income	income	NOUN
taxlaw-2799	1827	31	)	)	PUNCT
taxlaw-2799	1827	32	on	on	ADP
taxlaw-2799	1827	33	those	those	DET
taxlaw-2799	1827	34	cds	cd	NOUN
taxlaw-2799	1827	35	on	on	ADP
taxlaw-2799	1827	36	a	a	DET
taxlaw-2799	1827	37	current	current	ADJ
taxlaw-2799	1827	38	basis	basis	NOUN
taxlaw-2799	1827	39	in	in	ADP
taxlaw-2799	1827	40	a	a	DET
taxlaw-2799	1827	41	manner	manner	NOUN
taxlaw-2799	1827	42	consistent	consistent	ADJ
taxlaw-2799	1827	43	with	with	ADP
taxlaw-2799	1827	44	its	its	PRON
taxlaw-2799	1827	45	recognition	recognition	NOUN
taxlaw-2799	1827	46	of	of	ADP
taxlaw-2799	1827	47	those	those	DET
taxlaw-2799	1827	48	losses	loss	NOUN
taxlaw-2799	1827	49	for	for	ADP
taxlaw-2799	1827	50	insurance	insurance	NOUN
taxlaw-2799	1827	51	regulatory	regulatory	ADJ
taxlaw-2799	1827	52	purposes	purpose	NOUN
taxlaw-2799	1827	53	.	.	PUNCT
taxlaw-2799	1828	1	ambac	ambac	PROPN
taxlaw-2799	1828	2	then	then	ADV
taxlaw-2799	1828	3	applied	apply	VERB
taxlaw-2799	1828	4	for	for	ADP
taxlaw-2799	1828	5	tentative	tentative	ADJ
taxlaw-2799	1828	6	carryback	carryback	NOUN
taxlaw-2799	1828	7	adjustments	adjustment	NOUN
taxlaw-2799	1828	8	based	base	VERB
taxlaw-2799	1828	9	on	on	ADP
taxlaw-2799	1828	10	these	these	DET
taxlaw-2799	1828	11	net	net	ADJ
taxlaw-2799	1828	12	operating	operating	NOUN
taxlaw-2799	1828	13	losses	loss	NOUN
taxlaw-2799	1828	14	,	,	PUNCT
taxlaw-2799	1828	15	and	and	CCONJ
taxlaw-2799	1828	16	to	to	ADP
taxlaw-2799	1828	17	date	date	NOUN
taxlaw-2799	1828	18	has	have	AUX
taxlaw-2799	1828	19	received	receive	VERB
taxlaw-2799	1828	20	about	about	ADP
taxlaw-2799	1828	21	$	$	SYM
taxlaw-2799	1828	22	700	700	NUM
taxlaw-2799	1828	23	million	million	NUM
taxlaw-2799	1828	24	in	in	ADP
taxlaw-2799	1828	25	refunds	refund	NOUN
taxlaw-2799	1828	26	.	.	PUNCT
taxlaw-2799	1829	1	in	in	ADP
taxlaw-2799	1829	2	late	late	ADJ
taxlaw-2799	1829	3	october	october	PROPN
taxlaw-2799	1829	4	of	of	ADP
taxlaw-2799	1829	5	2010	2010	NUM
taxlaw-2799	1829	6	,	,	PUNCT
taxlaw-2799	1829	7	ambac	ambac	NOUN
taxlaw-2799	1829	8	was	be	AUX
taxlaw-2799	1829	9	contacted	contact	VERB
taxlaw-2799	1829	10	by	by	ADP
taxlaw-2799	1829	11	the	the	DET
taxlaw-2799	1829	12	irs	irs	PROPN
taxlaw-2799	1829	13	for	for	ADP
taxlaw-2799	1829	14	information	information	NOUN
taxlaw-2799	1829	15	about	about	ADP
taxlaw-2799	1829	16	its	its	PRON
taxlaw-2799	1829	17	change	change	NOUN
taxlaw-2799	1829	18	of	of	ADP
taxlaw-2799	1829	19	position	position	NOUN
taxlaw-2799	1829	20	on	on	ADP
taxlaw-2799	1829	21	the	the	DET
taxlaw-2799	1829	22	characterization	characterization	NOUN
taxlaw-2799	1829	23	on	on	ADP
taxlaw-2799	1829	24	the	the	DET
taxlaw-2799	1829	25	149	149	NUM
taxlaw-2799	1829	26	the	the	DET
taxlaw-2799	1829	27	following	follow	VERB
taxlaw-2799	1829	28	description	description	NOUN
taxlaw-2799	1829	29	is	be	AUX
taxlaw-2799	1829	30	based	base	VERB
taxlaw-2799	1829	31	on	on	ADP
taxlaw-2799	1829	32	those	those	DET
taxlaw-2799	1829	33	sources	source	NOUN
taxlaw-2799	1829	34	,	,	PUNCT
taxlaw-2799	1829	35	in	in	ADP
taxlaw-2799	1829	36	particular	particular	ADJ
taxlaw-2799	1829	37	ambac	ambac	ADJ
taxlaw-2799	1829	38	financial	financial	ADJ
taxlaw-2799	1829	39	group	group	PROPN
taxlaw-2799	1829	40	,	,	PUNCT
taxlaw-2799	1829	41	inc	inc	PROPN
taxlaw-2799	1829	42	.	.	PROPN
taxlaw-2799	1829	43	2008	2008	NUM
taxlaw-2799	1829	44	annual	annual	ADJ
taxlaw-2799	1829	45	report	report	NOUN
taxlaw-2799	1829	46	157	157	NUM
taxlaw-2799	1829	47	-	-	SYM
taxlaw-2799	1829	48	62	62	NUM
taxlaw-2799	1829	49	(	(	PUNCT
taxlaw-2799	1829	50	income	income	NOUN
taxlaw-2799	1829	51	tax	tax	NOUN
taxlaw-2799	1829	52	note	note	NOUN
taxlaw-2799	1829	53	to	to	ADP
taxlaw-2799	1829	54	ambac	ambac	PROPN
taxlaw-2799	1829	55	’s	’s	PART
taxlaw-2799	1829	56	2008	2008	NUM
taxlaw-2799	1829	57	financial	financial	ADJ
taxlaw-2799	1829	58	statements	statement	NOUN
taxlaw-2799	1829	59	)	)	PUNCT
taxlaw-2799	1829	60	,	,	PUNCT
taxlaw-2799	1829	61	available	available	ADJ
taxlaw-2799	1829	62	at	at	ADP
taxlaw-2799	1829	63	http://www.ambac.com/pdfs/87730_ambac10k.pdf	http://www.ambac.com/pdfs/87730_ambac10k.pdf	PROPN
taxlaw-2799	1829	64	;	;	PUNCT
taxlaw-2799	1829	65	complaint	complaint	NOUN
taxlaw-2799	1829	66	for	for	ADP
taxlaw-2799	1829	67	injunctive	injunctive	ADJ
taxlaw-2799	1829	68	relief	relief	NOUN
taxlaw-2799	1829	69	and	and	CCONJ
taxlaw-2799	1829	70	declaratory	declaratory	ADJ
taxlaw-2799	1829	71	judgment	judgment	NOUN
taxlaw-2799	1829	72	determining	determine	VERB
taxlaw-2799	1829	73	amount	amount	NOUN
taxlaw-2799	1829	74	of	of	ADP
taxlaw-2799	1829	75	tax	tax	NOUN
taxlaw-2799	1829	76	relief	relief	NOUN
taxlaw-2799	1829	77	,	,	PUNCT
taxlaw-2799	1829	78	ambac	ambac	ADJ
taxlaw-2799	1829	79	financial	financial	ADJ
taxlaw-2799	1829	80	group	group	PROPN
taxlaw-2799	1829	81	,	,	PUNCT
taxlaw-2799	1829	82	inc	inc	PROPN
taxlaw-2799	1829	83	.	.	PROPN
taxlaw-2799	1830	1	v.	v.	PROPN
taxlaw-2799	1830	2	united	united	PROPN
taxlaw-2799	1830	3	states	states	PROPN
taxlaw-2799	1830	4	,	,	PUNCT
taxlaw-2799	1831	1	adversary	adversary	NOUN
taxlaw-2799	1831	2	proceeding	proceed	VERB
taxlaw-2799	1831	3	10	10	NUM
taxlaw-2799	1831	4	,	,	PUNCT
taxlaw-2799	1831	5	(	(	PUNCT
taxlaw-2799	1831	6	u.s	u.s	PROPN
taxlaw-2799	1831	7	.	.	PROPN
taxlaw-2799	1831	8	bankruptcy	bankruptcy	NOUN
taxlaw-2799	1831	9	court	court	PROPN
taxlaw-2799	1831	10	,	,	PUNCT
taxlaw-2799	1831	11	s.d.n.y	s.d.n.y	PROPN
taxlaw-2799	1831	12	.	.	PUNCT
taxlaw-2799	1831	13	)	)	PUNCT
taxlaw-2799	1832	1	(	(	PUNCT
taxlaw-2799	1832	2	nov	nov	PROPN
taxlaw-2799	1832	3	.	.	PROPN
taxlaw-2799	1832	4	9	9	NUM
taxlaw-2799	1832	5	,	,	PUNCT
taxlaw-2799	1832	6	2010	2010	NUM
taxlaw-2799	1832	7	)	)	PUNCT
taxlaw-2799	1832	8	;	;	PUNCT
taxlaw-2799	1832	9	jonathan	jonathan	PROPN
taxlaw-2799	1832	10	stempel	stempel	PROPN
taxlaw-2799	1832	11	,	,	PUNCT
taxlaw-2799	1832	12	ambac	ambac	PROPN
taxlaw-2799	1832	13	sues	sues	PROPN
taxlaw-2799	1832	14	u.s	u.s	PROPN
taxlaw-2799	1832	15	.	.	PROPN
taxlaw-2799	1832	16	and	and	CCONJ
taxlaw-2799	1832	17	says	say	VERB
taxlaw-2799	1832	18	irs	irs	PROPN
taxlaw-2799	1832	19	may	may	AUX
taxlaw-2799	1832	20	ruin	ruin	VERB
taxlaw-2799	1832	21	bankruptcy	bankruptcy	NOUN
taxlaw-2799	1832	22	,	,	PUNCT
taxlaw-2799	1832	23	reuters	reuters	PROPN
taxlaw-2799	1832	24	,	,	PUNCT
taxlaw-2799	1832	25	nov	nov	PROPN
taxlaw-2799	1832	26	.	.	PROPN
taxlaw-2799	1832	27	9	9	NUM
taxlaw-2799	1832	28	,	,	PUNCT
taxlaw-2799	1832	29	2010	2010	NUM
taxlaw-2799	1832	30	,	,	PUNCT
taxlaw-2799	1832	31	available	available	ADJ
taxlaw-2799	1832	32	at	at	ADP
taxlaw-2799	1832	33	http://www.reuters.com/article/idustre6a75ew20101109	http://www.reuters.com/article/idustre6a75ew20101109	PROPN
taxlaw-2799	1832	34	;	;	PUNCT
taxlaw-2799	1832	35	erik	erik	PROPN
taxlaw-2799	1832	36	holm	holm	PROPN
taxlaw-2799	1832	37	and	and	CCONJ
taxlaw-2799	1832	38	eric	eric	PROPN
taxlaw-2799	1832	39	morath	morath	PROPN
taxlaw-2799	1832	40	,	,	PUNCT
taxlaw-2799	1832	41	ambac	ambac	ADJ
taxlaw-2799	1832	42	files	file	NOUN
taxlaw-2799	1832	43	for	for	ADP
taxlaw-2799	1832	44	chapter	chapter	NOUN
taxlaw-2799	1832	45	11	11	NUM
taxlaw-2799	1832	46	,	,	PUNCT
taxlaw-2799	1832	47	wall	wall	PROPN
taxlaw-2799	1832	48	street	street	PROPN
taxlaw-2799	1832	49	journal	journal	PROPN
taxlaw-2799	1832	50	,	,	PUNCT
taxlaw-2799	1832	51	nov	nov	PROPN
taxlaw-2799	1832	52	.	.	PROPN
taxlaw-2799	1832	53	9	9	NUM
taxlaw-2799	1832	54	,	,	PUNCT
taxlaw-2799	1832	55	2010	2010	NUM
taxlaw-2799	1832	56	,	,	PUNCT
taxlaw-2799	1832	57	available	available	ADJ
taxlaw-2799	1832	58	at	at	ADP
taxlaw-2799	1832	59	http://online.wsj.com/article/0,,sb10001424052748703514904575602911478916800,00.ht	http://online.wsj.com/article/0,,sb10001424052748703514904575602911478916800,00.ht	PROPN
taxlaw-2799	1832	60	ml	ml	NOUN
taxlaw-2799	1832	61	.	.	PROPN
taxlaw-2799	1832	62	2011	2011	NUM
taxlaw-2799	1832	63	]	]	PUNCT
taxlaw-2799	1832	64	ew	ew	NOUN
taxlaw-2799	1832	65	tax	tax	NOUN
taxlaw-2799	1832	66	issues	issue	NOUN
taxlaw-2799	1832	67	arisi	arisi	VERB
taxlaw-2799	1832	68	g	g	PROPN
taxlaw-2799	1832	69	from	from	ADP
taxlaw-2799	1832	70	the	the	DET
taxlaw-2799	1832	71	dodd	dodd	NOUN
taxlaw-2799	1832	72	-	-	PUNCT
taxlaw-2799	1832	73	fra	fra	PROPN
taxlaw-2799	1832	74	k	k	PROPN
taxlaw-2799	1832	75	act	act	VERB
taxlaw-2799	1832	76	91	91	NUM
taxlaw-2799	1832	77	paygo	paygo	NOUN
taxlaw-2799	1832	78	cds	cd	NOUN
taxlaw-2799	1832	79	.	.	PUNCT
taxlaw-2799	1833	1	the	the	DET
taxlaw-2799	1833	2	irs	irs	PROPN
taxlaw-2799	1833	3	also	also	ADV
taxlaw-2799	1833	4	informed	inform	VERB
taxlaw-2799	1833	5	ambac	ambac	ADP
taxlaw-2799	1833	6	that	that	SCONJ
taxlaw-2799	1833	7	it	it	PRON
taxlaw-2799	1833	8	was	be	AUX
taxlaw-2799	1833	9	questioning	question	VERB
taxlaw-2799	1833	10	the	the	DET
taxlaw-2799	1833	11	propriety	propriety	NOUN
taxlaw-2799	1833	12	of	of	ADP
taxlaw-2799	1833	13	the	the	DET
taxlaw-2799	1833	14	tax	tax	NOUN
taxlaw-2799	1833	15	refunds	refund	NOUN
taxlaw-2799	1833	16	and	and	CCONJ
taxlaw-2799	1833	17	was	be	AUX
taxlaw-2799	1833	18	investigating	investigate	VERB
taxlaw-2799	1833	19	whether	whether	SCONJ
taxlaw-2799	1833	20	to	to	PART
taxlaw-2799	1833	21	seek	seek	VERB
taxlaw-2799	1833	22	to	to	PART
taxlaw-2799	1833	23	recoup	recoup	VERB
taxlaw-2799	1833	24	the	the	DET
taxlaw-2799	1833	25	tax	tax	NOUN
taxlaw-2799	1833	26	refunds	refund	NOUN
taxlaw-2799	1833	27	.	.	PUNCT
taxlaw-2799	1834	1	ambac	ambac	PROPN
taxlaw-2799	1834	2	then	then	ADV
taxlaw-2799	1834	3	realized	realize	VERB
taxlaw-2799	1834	4	that	that	SCONJ
taxlaw-2799	1834	5	under	under	ADP
taxlaw-2799	1834	6	the	the	DET
taxlaw-2799	1834	7	rules	rule	NOUN
taxlaw-2799	1834	8	applicable	applicable	ADJ
taxlaw-2799	1834	9	to	to	ADP
taxlaw-2799	1834	10	tentative	tentative	ADJ
taxlaw-2799	1834	11	carryback	carryback	NOUN
taxlaw-2799	1834	12	adjustments	adjustment	NOUN
taxlaw-2799	1834	13	,	,	PUNCT
taxlaw-2799	1834	14	the	the	DET
taxlaw-2799	1834	15	irs	irs	PROPN
taxlaw-2799	1834	16	could	could	AUX
taxlaw-2799	1834	17	summarily	summarily	ADV
taxlaw-2799	1834	18	assess	assess	VERB
taxlaw-2799	1834	19	a	a	DET
taxlaw-2799	1834	20	deficiency	deficiency	NOUN
taxlaw-2799	1834	21	,	,	PUNCT
taxlaw-2799	1834	22	without	without	ADP
taxlaw-2799	1834	23	notice	notice	NOUN
taxlaw-2799	1834	24	,	,	PUNCT
taxlaw-2799	1834	25	and	and	CCONJ
taxlaw-2799	1834	26	impose	impose	VERB
taxlaw-2799	1834	27	a	a	DET
taxlaw-2799	1834	28	levy	levy	NOUN
taxlaw-2799	1834	29	and	and	CCONJ
taxlaw-2799	1834	30	attachment	attachment	NOUN
taxlaw-2799	1834	31	on	on	ADP
taxlaw-2799	1834	32	ambac	ambac	PROPN
taxlaw-2799	1834	33	’s	’s	PART
taxlaw-2799	1834	34	assets	asset	NOUN
taxlaw-2799	1834	35	.	.	PUNCT
taxlaw-2799	1835	1	ambac	ambac	PROPN
taxlaw-2799	1835	2	concluded	conclude	VERB
taxlaw-2799	1835	3	that	that	SCONJ
taxlaw-2799	1835	4	the	the	DET
taxlaw-2799	1835	5	effect	effect	NOUN
taxlaw-2799	1835	6	of	of	ADP
taxlaw-2799	1835	7	such	such	DET
taxlaw-2799	1835	8	a	a	DET
taxlaw-2799	1835	9	levy	levy	NOUN
taxlaw-2799	1835	10	and	and	CCONJ
taxlaw-2799	1835	11	attachment	attachment	NOUN
taxlaw-2799	1835	12	would	would	AUX
taxlaw-2799	1835	13	be	be	AUX
taxlaw-2799	1835	14	to	to	PART
taxlaw-2799	1835	15	destroy	destroy	VERB
taxlaw-2799	1835	16	or	or	CCONJ
taxlaw-2799	1835	17	seriously	seriously	ADV
taxlaw-2799	1835	18	jeopardize	jeopardize	VERB
taxlaw-2799	1835	19	its	its	PRON
taxlaw-2799	1835	20	ability	ability	NOUN
taxlaw-2799	1835	21	to	to	PART
taxlaw-2799	1835	22	reorganize	reorganize	VERB
taxlaw-2799	1835	23	.	.	PUNCT
taxlaw-2799	1836	1	ambac	ambac	PROPN
taxlaw-2799	1836	2	therefore	therefore	ADV
taxlaw-2799	1836	3	accelerated	accelerate	VERB
taxlaw-2799	1836	4	its	its	PRON
taxlaw-2799	1836	5	bankruptcy	bankruptcy	NOUN
taxlaw-2799	1836	6	filing	filing	NOUN
taxlaw-2799	1836	7	to	to	ADP
taxlaw-2799	1836	8	early	early	ADJ
taxlaw-2799	1836	9	november	november	PROPN
taxlaw-2799	1836	10	2010	2010	NUM
taxlaw-2799	1836	11	,	,	PUNCT
taxlaw-2799	1836	12	and	and	CCONJ
taxlaw-2799	1836	13	is	be	AUX
taxlaw-2799	1836	14	seeking	seek	VERB
taxlaw-2799	1836	15	court	court	NOUN
taxlaw-2799	1836	16	orders	order	NOUN
taxlaw-2799	1836	17	that	that	PRON
taxlaw-2799	1836	18	would	would	AUX
taxlaw-2799	1836	19	allow	allow	VERB
taxlaw-2799	1836	20	it	it	PRON
taxlaw-2799	1836	21	to	to	PART
taxlaw-2799	1836	22	keep	keep	VERB
taxlaw-2799	1836	23	the	the	DET
taxlaw-2799	1836	24	refunds	refund	NOUN
taxlaw-2799	1836	25	,	,	PUNCT
taxlaw-2799	1836	26	among	among	ADP
taxlaw-2799	1836	27	other	other	ADJ
taxlaw-2799	1836	28	matters	matter	NOUN
taxlaw-2799	1836	29	.	.	PUNCT
taxlaw-2799	1837	1	thus	thus	ADV
taxlaw-2799	1837	2	,	,	PUNCT
taxlaw-2799	1837	3	it	it	PRON
taxlaw-2799	1837	4	is	be	AUX
taxlaw-2799	1837	5	possible	possible	ADJ
taxlaw-2799	1837	6	that	that	SCONJ
taxlaw-2799	1837	7	the	the	DET
taxlaw-2799	1837	8	ambac	ambac	ADJ
taxlaw-2799	1837	9	litigation	litigation	NOUN
taxlaw-2799	1837	10	will	will	AUX
taxlaw-2799	1837	11	provide	provide	VERB
taxlaw-2799	1837	12	the	the	DET
taxlaw-2799	1837	13	first	first	ADJ
taxlaw-2799	1837	14	formal	formal	ADJ
taxlaw-2799	1837	15	insight	insight	NOUN
taxlaw-2799	1837	16	into	into	ADP
taxlaw-2799	1837	17	the	the	DET
taxlaw-2799	1837	18	u.s	u.s	PROPN
taxlaw-2799	1837	19	.	.	PROPN
taxlaw-2799	1837	20	federal	federal	ADJ
taxlaw-2799	1837	21	income	income	NOUN
taxlaw-2799	1837	22	tax	tax	NOUN
taxlaw-2799	1837	23	characterization	characterization	NOUN
taxlaw-2799	1837	24	of	of	ADP
taxlaw-2799	1837	25	at	at	ADV
taxlaw-2799	1837	26	least	least	ADV
taxlaw-2799	1837	27	one	one	NUM
taxlaw-2799	1837	28	type	type	NOUN
taxlaw-2799	1837	29	of	of	ADP
taxlaw-2799	1837	30	cds	cd	NOUN
taxlaw-2799	1837	31	,	,	PUNCT
taxlaw-2799	1837	32	although	although	SCONJ
taxlaw-2799	1837	33	there	there	PRON
taxlaw-2799	1837	34	are	be	VERB
taxlaw-2799	1837	35	also	also	ADV
taxlaw-2799	1837	36	other	other	ADJ
taxlaw-2799	1837	37	issues	issue	NOUN
taxlaw-2799	1837	38	in	in	ADP
taxlaw-2799	1837	39	the	the	DET
taxlaw-2799	1837	40	litigation	litigation	NOUN
taxlaw-2799	1837	41	that	that	SCONJ
taxlaw-2799	1837	42	if	if	SCONJ
taxlaw-2799	1837	43	resolved	resolve	VERB
taxlaw-2799	1837	44	adversely	adversely	ADV
taxlaw-2799	1837	45	to	to	ADP
taxlaw-2799	1837	46	ambac	ambac	PROPN
taxlaw-2799	1837	47	would	would	AUX
taxlaw-2799	1837	48	mean	mean	VERB
taxlaw-2799	1837	49	that	that	SCONJ
taxlaw-2799	1837	50	that	that	DET
taxlaw-2799	1837	51	issue	issue	NOUN
taxlaw-2799	1837	52	will	will	AUX
taxlaw-2799	1837	53	not	not	PART
taxlaw-2799	1837	54	be	be	AUX
taxlaw-2799	1837	55	addressed	address	VERB
taxlaw-2799	1837	56	.	.	PUNCT
taxlaw-2799	1838	1	ambac	ambac	PROPN
taxlaw-2799	1838	2	presumably	presumably	ADV
taxlaw-2799	1838	3	believed	believe	VERB
taxlaw-2799	1838	4	that	that	SCONJ
taxlaw-2799	1838	5	it	it	PRON
taxlaw-2799	1838	6	had	have	VERB
taxlaw-2799	1838	7	a	a	DET
taxlaw-2799	1838	8	sound	sound	ADJ
taxlaw-2799	1838	9	basis	basis	NOUN
taxlaw-2799	1838	10	for	for	ADP
taxlaw-2799	1838	11	originally	originally	ADV
taxlaw-2799	1838	12	treating	treat	VERB
taxlaw-2799	1838	13	the	the	DET
taxlaw-2799	1838	14	paygo	paygo	NOUN
taxlaw-2799	1838	15	cds	cd	NOUN
taxlaw-2799	1838	16	as	as	ADP
taxlaw-2799	1838	17	options	option	NOUN
taxlaw-2799	1838	18	.	.	PUNCT
taxlaw-2799	1839	1	the	the	DET
taxlaw-2799	1839	2	fact	fact	NOUN
taxlaw-2799	1839	3	that	that	SCONJ
taxlaw-2799	1839	4	the	the	DET
taxlaw-2799	1839	5	irs	irs	PROPN
taxlaw-2799	1839	6	had	have	AUX
taxlaw-2799	1839	7	approved	approve	VERB
taxlaw-2799	1839	8	option	option	NOUN
taxlaw-2799	1839	9	treatment	treatment	NOUN
taxlaw-2799	1839	10	for	for	ADP
taxlaw-2799	1839	11	its	its	PRON
taxlaw-2799	1839	12	other	other	ADJ
taxlaw-2799	1839	13	cds	cd	NOUN
taxlaw-2799	1839	14	no	no	PRON
taxlaw-2799	1839	15	doubt	doubt	ADV
taxlaw-2799	1839	16	played	play	VERB
taxlaw-2799	1839	17	a	a	DET
taxlaw-2799	1839	18	role	role	NOUN
taxlaw-2799	1839	19	in	in	ADP
taxlaw-2799	1839	20	that	that	DET
taxlaw-2799	1839	21	regard	regard	NOUN
taxlaw-2799	1839	22	.	.	PUNCT
taxlaw-2799	1840	1	when	when	SCONJ
taxlaw-2799	1840	2	ambac	ambac	PROPN
taxlaw-2799	1840	3	decided	decide	VERB
taxlaw-2799	1840	4	to	to	PART
taxlaw-2799	1840	5	treat	treat	VERB
taxlaw-2799	1840	6	paygo	paygo	NOUN
taxlaw-2799	1840	7	cds	cd	NOUN
taxlaw-2799	1840	8	as	as	ADP
taxlaw-2799	1840	9	npcs	npc	NOUN
taxlaw-2799	1840	10	in	in	ADP
taxlaw-2799	1840	11	2008	2008	NUM
taxlaw-2799	1840	12	,	,	PUNCT
taxlaw-2799	1840	13	however	however	ADV
taxlaw-2799	1840	14	,	,	PUNCT
taxlaw-2799	1840	15	it	it	PRON
taxlaw-2799	1840	16	did	do	VERB
taxlaw-2799	1840	17	so	so	ADV
taxlaw-2799	1840	18	on	on	ADP
taxlaw-2799	1840	19	the	the	DET
taxlaw-2799	1840	20	basis	basis	NOUN
taxlaw-2799	1840	21	of	of	ADP
taxlaw-2799	1840	22	an	an	DET
taxlaw-2799	1840	23	opinion	opinion	NOUN
taxlaw-2799	1840	24	from	from	ADP
taxlaw-2799	1840	25	one	one	NUM
taxlaw-2799	1840	26	of	of	ADP
taxlaw-2799	1840	27	the	the	DET
taxlaw-2799	1840	28	“	"	PUNCT
taxlaw-2799	1840	29	big	big	ADJ
taxlaw-2799	1840	30	four	four	NUM
taxlaw-2799	1840	31	”	"	PUNCT
taxlaw-2799	1840	32	accounting	accounting	NOUN
taxlaw-2799	1840	33	firms	firm	NOUN
taxlaw-2799	1840	34	,	,	PUNCT
taxlaw-2799	1840	35	kpmg	kpmg	PROPN
taxlaw-2799	1840	36	.	.	PUNCT
taxlaw-2799	1841	1	the	the	DET
taxlaw-2799	1841	2	ambac	ambac	ADJ
taxlaw-2799	1841	3	history	history	NOUN
taxlaw-2799	1841	4	thus	thus	ADV
taxlaw-2799	1841	5	vividly	vividly	ADV
taxlaw-2799	1841	6	illustrates	illustrate	VERB
taxlaw-2799	1841	7	the	the	DET
taxlaw-2799	1841	8	uncertain	uncertain	ADJ
taxlaw-2799	1841	9	tax	tax	NOUN
taxlaw-2799	1841	10	status	status	NOUN
taxlaw-2799	1841	11	of	of	ADP
taxlaw-2799	1841	12	cds	cd	NOUN
taxlaw-2799	1841	13	.	.	PUNCT
taxlaw-2799	1842	1	in	in	ADP
taxlaw-2799	1842	2	the	the	DET
taxlaw-2799	1842	3	absence	absence	NOUN
taxlaw-2799	1842	4	of	of	ADP
taxlaw-2799	1842	5	a	a	DET
taxlaw-2799	1842	6	ruling	ruling	NOUN
taxlaw-2799	1842	7	based	base	VERB
taxlaw-2799	1842	8	on	on	ADP
taxlaw-2799	1842	9	principles	principle	NOUN
taxlaw-2799	1842	10	that	that	PRON
taxlaw-2799	1842	11	apply	apply	VERB
taxlaw-2799	1842	12	to	to	ADP
taxlaw-2799	1842	13	cds	cd	NOUN
taxlaw-2799	1842	14	generally	generally	ADV
taxlaw-2799	1842	15	,	,	PUNCT
taxlaw-2799	1842	16	uncertainty	uncertainty	NOUN
taxlaw-2799	1842	17	as	as	ADP
taxlaw-2799	1842	18	to	to	ADP
taxlaw-2799	1842	19	the	the	DET
taxlaw-2799	1842	20	tax	tax	NOUN
taxlaw-2799	1842	21	characterization	characterization	NOUN
taxlaw-2799	1842	22	of	of	ADP
taxlaw-2799	1842	23	cds	cd	NOUN
taxlaw-2799	1842	24	,	,	PUNCT
taxlaw-2799	1842	25	and	and	CCONJ
taxlaw-2799	1842	26	therefore	therefore	ADV
taxlaw-2799	1842	27	whether	whether	SCONJ
taxlaw-2799	1842	28	the	the	DET
taxlaw-2799	1842	29	deemed	deem	VERB
taxlaw-2799	1842	30	loan	loan	NOUN
taxlaw-2799	1842	31	rules	rule	NOUN
taxlaw-2799	1842	32	apply	apply	VERB
taxlaw-2799	1842	33	,	,	PUNCT
taxlaw-2799	1842	34	seems	seem	VERB
taxlaw-2799	1842	35	like	like	ADP
taxlaw-2799	1842	36	to	to	PART
taxlaw-2799	1842	37	continue	continue	VERB
taxlaw-2799	1842	38	for	for	ADP
taxlaw-2799	1842	39	some	some	DET
taxlaw-2799	1842	40	time	time	NOUN
taxlaw-2799	1842	41	.	.	PUNCT
taxlaw-2799	1843	1	that	that	DET
taxlaw-2799	1843	2	question	question	NOUN
taxlaw-2799	1843	3	may	may	AUX
taxlaw-2799	1843	4	be	be	AUX
taxlaw-2799	1843	5	informed	inform	VERB
taxlaw-2799	1843	6	by	by	ADP
taxlaw-2799	1843	7	the	the	DET
taxlaw-2799	1843	8	difficulty	difficulty	NOUN
taxlaw-2799	1843	9	of	of	ADP
taxlaw-2799	1843	10	determining	determine	VERB
taxlaw-2799	1843	11	what	what	PRON
taxlaw-2799	1843	12	the	the	DET
taxlaw-2799	1843	13	terms	term	NOUN
taxlaw-2799	1843	14	of	of	ADP
taxlaw-2799	1843	15	any	any	DET
taxlaw-2799	1843	16	such	such	ADJ
taxlaw-2799	1843	17	deemed	deemed	ADJ
taxlaw-2799	1843	18	loan	loan	NOUN
taxlaw-2799	1843	19	would	would	AUX
taxlaw-2799	1843	20	be	be	AUX
taxlaw-2799	1843	21	.	.	PUNCT
taxlaw-2799	1844	1	2	2	X
taxlaw-2799	1844	2	.	.	X
taxlaw-2799	1844	3	if	if	SCONJ
taxlaw-2799	1844	4	there	there	PRON
taxlaw-2799	1844	5	is	be	VERB
taxlaw-2799	1844	6	a	a	DET
taxlaw-2799	1844	7	loan	loan	NOUN
taxlaw-2799	1844	8	,	,	PUNCT
taxlaw-2799	1844	9	what	what	PRON
taxlaw-2799	1844	10	are	be	AUX
taxlaw-2799	1844	11	its	its	PRON
taxlaw-2799	1844	12	terms	term	NOUN
taxlaw-2799	1844	13	?	?	PUNCT
taxlaw-2799	1845	1	the	the	DET
taxlaw-2799	1845	2	difficulty	difficulty	NOUN
taxlaw-2799	1845	3	in	in	ADP
taxlaw-2799	1845	4	determining	determine	VERB
taxlaw-2799	1845	5	the	the	DET
taxlaw-2799	1845	6	terms	term	NOUN
taxlaw-2799	1845	7	of	of	ADP
taxlaw-2799	1845	8	a	a	DET
taxlaw-2799	1845	9	deemed	deemed	ADJ
taxlaw-2799	1845	10	loan	loan	NOUN
taxlaw-2799	1845	11	arising	arise	VERB
taxlaw-2799	1845	12	from	from	ADP
taxlaw-2799	1845	13	an	an	DET
taxlaw-2799	1845	14	upfront	upfront	ADJ
taxlaw-2799	1845	15	payment	payment	NOUN
taxlaw-2799	1845	16	on	on	ADP
taxlaw-2799	1845	17	a	a	DET
taxlaw-2799	1845	18	cleared	clear	VERB
taxlaw-2799	1845	19	cds	cd	NOUN
taxlaw-2799	1845	20	can	can	AUX
taxlaw-2799	1845	21	be	be	AUX
taxlaw-2799	1845	22	illustrated	illustrate	VERB
taxlaw-2799	1845	23	by	by	ADP
taxlaw-2799	1845	24	turning	turn	VERB
taxlaw-2799	1845	25	back	back	ADV
taxlaw-2799	1845	26	to	to	ADP
taxlaw-2799	1845	27	the	the	DET
taxlaw-2799	1845	28	three	three	NUM
taxlaw-2799	1845	29	examples	example	NOUN
taxlaw-2799	1845	30	described	describe	VERB
taxlaw-2799	1845	31	in	in	ADP
taxlaw-2799	1845	32	section	section	NOUN
taxlaw-2799	1845	33	ii.c.2(c	ii.c.2(c	PROPN
taxlaw-2799	1845	34	)	)	PUNCT
taxlaw-2799	1845	35	,	,	PUNCT
taxlaw-2799	1845	36	above	above	ADV
taxlaw-2799	1845	37	.	.	PUNCT
taxlaw-2799	1846	1	each	each	PRON
taxlaw-2799	1846	2	of	of	ADP
taxlaw-2799	1846	3	them	they	PRON
taxlaw-2799	1846	4	involved	involve	VERB
taxlaw-2799	1846	5	a	a	DET
taxlaw-2799	1846	6	cds	cd	NOUN
taxlaw-2799	1846	7	where	where	SCONJ
taxlaw-2799	1846	8	the	the	DET
taxlaw-2799	1846	9	market	market	NOUN
taxlaw-2799	1846	10	quoted	quote	VERB
taxlaw-2799	1846	11	level	level	NOUN
taxlaw-2799	1846	12	differed	differ	VERB
taxlaw-2799	1846	13	by	by	ADP
taxlaw-2799	1846	14	75	75	NUM
taxlaw-2799	1846	15	basis	basis	NOUN
taxlaw-2799	1846	16	points	point	NOUN
taxlaw-2799	1846	17	from	from	ADP
taxlaw-2799	1846	18	the	the	DET
taxlaw-2799	1846	19	standardized	standardized	ADJ
taxlaw-2799	1846	20	coupon	coupon	NOUN
taxlaw-2799	1846	21	.	.	PUNCT
taxlaw-2799	1847	1	however	however	ADV
taxlaw-2799	1847	2	,	,	PUNCT
taxlaw-2799	1847	3	the	the	DET
taxlaw-2799	1847	4	upfront	upfront	ADJ
taxlaw-2799	1847	5	payment	payment	NOUN
taxlaw-2799	1847	6	on	on	ADP
taxlaw-2799	1847	7	each	each	PRON
taxlaw-2799	1847	8	of	of	ADP
taxlaw-2799	1847	9	them	they	PRON
taxlaw-2799	1847	10	was	be	AUX
taxlaw-2799	1847	11	a	a	DET
taxlaw-2799	1847	12	different	different	ADJ
taxlaw-2799	1847	13	amount--$244,000	amount--$244,000	NOUN
taxlaw-2799	1847	14	for	for	ADP
taxlaw-2799	1847	15	example	example	NOUN
taxlaw-2799	1847	16	1	1	NUM
taxlaw-2799	1847	17	,	,	PUNCT
taxlaw-2799	1847	18	$	$	SYM
taxlaw-2799	1847	19	335,000	335,000	NUM
taxlaw-2799	1847	20	for	for	ADP
taxlaw-2799	1847	21	example	example	NOUN
taxlaw-2799	1847	22	2	2	NUM
taxlaw-2799	1847	23	,	,	PUNCT
taxlaw-2799	1847	24	and	and	CCONJ
taxlaw-2799	1847	25	$	$	SYM
taxlaw-2799	1847	26	377,000	377,000	NUM
taxlaw-2799	1847	27	for	for	ADP
taxlaw-2799	1847	28	example	example	NOUN
taxlaw-2799	1847	29	3	3	X
taxlaw-2799	1847	30	.	.	PUNCT
taxlaw-2799	1848	1	if	if	SCONJ
taxlaw-2799	1848	2	one	one	NUM
taxlaw-2799	1848	3	now	now	ADV
taxlaw-2799	1848	4	tries	try	VERB
taxlaw-2799	1848	5	to	to	PART
taxlaw-2799	1848	6	convert	convert	VERB
taxlaw-2799	1848	7	the	the	DET
taxlaw-2799	1848	8	upfront	upfront	ADJ
taxlaw-2799	1848	9	payment	payment	NOUN
taxlaw-2799	1848	10	back	back	ADV
taxlaw-2799	1848	11	into	into	ADP
taxlaw-2799	1848	12	a	a	DET
taxlaw-2799	1848	13	stream	stream	NOUN
taxlaw-2799	1848	14	of	of	ADP
taxlaw-2799	1848	15	payments	payment	NOUN
taxlaw-2799	1848	16	on	on	ADP
taxlaw-2799	1848	17	a	a	DET
taxlaw-2799	1848	18	deemed	deem	VERB
taxlaw-2799	1848	19	loan	loan	NOUN
taxlaw-2799	1848	20	for	for	ADP
taxlaw-2799	1848	21	tax	tax	NOUN
taxlaw-2799	1848	22	purposes	purpose	NOUN
taxlaw-2799	1848	23	,	,	PUNCT
taxlaw-2799	1848	24	it	it	PRON
taxlaw-2799	1848	25	is	be	AUX
taxlaw-2799	1848	26	difficult	difficult	ADJ
taxlaw-2799	1848	27	to	to	PART
taxlaw-2799	1848	28	conclude	conclude	VERB
taxlaw-2799	1848	29	that	that	SCONJ
taxlaw-2799	1848	30	each	each	PRON
taxlaw-2799	1848	31	of	of	ADP
taxlaw-2799	1848	32	those	those	DET
taxlaw-2799	1848	33	three	three	NUM
taxlaw-2799	1848	34	different	different	ADJ
taxlaw-2799	1848	35	upfront	upfront	ADJ
taxlaw-2799	1848	36	payments	payment	NOUN
taxlaw-2799	1848	37	should	should	AUX
taxlaw-2799	1848	38	be	be	AUX
taxlaw-2799	1848	39	treated	treat	VERB
taxlaw-2799	1848	40	as	as	ADP
taxlaw-2799	1848	41	the	the	DET
taxlaw-2799	1848	42	equivalent	equivalent	NOUN
taxlaw-2799	1848	43	of	of	ADP
taxlaw-2799	1848	44	an	an	DET
taxlaw-2799	1848	45	annuity	annuity	NOUN
taxlaw-2799	1848	46	or	or	CCONJ
taxlaw-2799	1848	47	installment	installment	NOUN
taxlaw-2799	1848	48	loan	loan	NOUN
taxlaw-2799	1848	49	consisting	consist	VERB
taxlaw-2799	1848	50	of	of	ADP
taxlaw-2799	1848	51	the	the	DET
taxlaw-2799	1848	52	same	same	ADJ
taxlaw-2799	1848	53	stream	stream	NOUN
taxlaw-2799	1848	54	of	of	ADP
taxlaw-2799	1848	55	75	75	NUM
taxlaw-2799	1848	56	basis	basis	NOUN
taxlaw-2799	1848	57	point	point	NOUN
taxlaw-2799	1848	58	to	to	ADP
taxlaw-2799	1848	59	maturity	maturity	NOUN
taxlaw-2799	1848	60	.	.	PUNCT
taxlaw-2799	1849	1	that	that	ADV
taxlaw-2799	1849	2	is	is	ADV
taxlaw-2799	1849	3	,	,	PUNCT
taxlaw-2799	1849	4	it	it	PRON
taxlaw-2799	1849	5	would	would	AUX
taxlaw-2799	1849	6	be	be	AUX
taxlaw-2799	1849	7	surprising	surprising	ADJ
taxlaw-2799	1849	8	to	to	PART
taxlaw-2799	1849	9	conclude	conclude	VERB
taxlaw-2799	1849	10	that	that	SCONJ
taxlaw-2799	1849	11	if	if	SCONJ
taxlaw-2799	1849	12	$	$	SYM
taxlaw-2799	1849	13	244,000	244,000	NUM
taxlaw-2799	1849	14	represents	represent	VERB
taxlaw-2799	1849	15	the	the	DET
taxlaw-2799	1849	16	present	present	ADJ
taxlaw-2799	1849	17	value	value	NOUN
taxlaw-2799	1849	18	of	of	ADP
taxlaw-2799	1849	19	a	a	DET
taxlaw-2799	1849	20	stream	stream	NOUN
taxlaw-2799	1849	21	of	of	ADP
taxlaw-2799	1849	22	75	75	NUM
taxlaw-2799	1849	23	basis	basis	NOUN
taxlaw-2799	1849	24	points	point	NOUN
taxlaw-2799	1849	25	for	for	ADP
taxlaw-2799	1849	26	5	5	NUM
taxlaw-2799	1849	27	years	year	NOUN
taxlaw-2799	1849	28	,	,	PUNCT
taxlaw-2799	1849	29	$	$	SYM
taxlaw-2799	1849	30	335,000	335,000	NUM
taxlaw-2799	1849	31	also	also	ADV
taxlaw-2799	1849	32	represents	represent	VERB
taxlaw-2799	1849	33	the	the	DET
taxlaw-2799	1849	34	present	present	ADJ
taxlaw-2799	1849	35	value	value	NOUN
taxlaw-2799	1849	36	of	of	ADP
taxlaw-2799	1849	37	that	that	DET
taxlaw-2799	1849	38	same	same	ADJ
taxlaw-2799	1849	39	stream	stream	NOUN
taxlaw-2799	1849	40	of	of	ADP
taxlaw-2799	1849	41	payments	payment	NOUN
taxlaw-2799	1849	42	.	.	PUNCT
taxlaw-2799	1850	1	as	as	SCONJ
taxlaw-2799	1850	2	described	describe	VERB
taxlaw-2799	1850	3	in	in	ADP
taxlaw-2799	1850	4	the	the	DET
taxlaw-2799	1850	5	discussion	discussion	NOUN
taxlaw-2799	1850	6	of	of	ADP
taxlaw-2799	1850	7	these	these	DET
taxlaw-2799	1850	8	examples	example	NOUN
taxlaw-2799	1850	9	earlier	early	ADV
taxlaw-2799	1850	10	,	,	PUNCT
taxlaw-2799	1850	11	the	the	DET
taxlaw-2799	1850	12	explanation	explanation	NOUN
taxlaw-2799	1850	13	for	for	ADP
taxlaw-2799	1850	14	this	this	DET
taxlaw-2799	1850	15	discrepancy	discrepancy	NOUN
taxlaw-2799	1850	16	is	be	AUX
taxlaw-2799	1850	17	that	that	SCONJ
taxlaw-2799	1850	18	the	the	DET
taxlaw-2799	1850	19	market	market	NOUN
taxlaw-2799	1850	20	does	do	AUX
taxlaw-2799	1850	21	not	not	PART
taxlaw-2799	1850	22	assume	assume	VERB
taxlaw-2799	1850	23	an	an	DET
taxlaw-2799	1850	24	equal	equal	ADJ
taxlaw-2799	1850	25	likelihood	likelihood	NOUN
taxlaw-2799	1850	26	that	that	SCONJ
taxlaw-2799	1850	27	the	the	DET
taxlaw-2799	1850	28	notional	notional	ADJ
taxlaw-2799	1850	29	stream	stream	NOUN
taxlaw-2799	1850	30	of	of	ADP
taxlaw-2799	1850	31	75	75	NUM
taxlaw-2799	1850	32	basis	basis	NOUN
taxlaw-2799	1850	33	points	point	NOUN
taxlaw-2799	1850	34	would	would	AUX
taxlaw-2799	1850	35	be	be	AUX
taxlaw-2799	1850	36	made	make	VERB
taxlaw-2799	1850	37	for	for	ADP
taxlaw-2799	1850	38	the	the	DET
taxlaw-2799	1850	39	entire	entire	ADJ
taxlaw-2799	1850	40	tenor	tenor	NOUN
taxlaw-2799	1850	41	of	of	ADP
taxlaw-2799	1850	42	the	the	DET
taxlaw-2799	1850	43	cds	cd	NOUN
taxlaw-2799	1850	44	.	.	PUNCT
taxlaw-2799	1851	1	a	a	DET
taxlaw-2799	1851	2	possible	possible	ADJ
taxlaw-2799	1851	3	way	way	NOUN
taxlaw-2799	1851	4	to	to	PART
taxlaw-2799	1851	5	deal	deal	VERB
taxlaw-2799	1851	6	with	with	ADP
taxlaw-2799	1851	7	this	this	DET
taxlaw-2799	1851	8	inconvenient	inconvenient	ADJ
taxlaw-2799	1851	9	fact	fact	NOUN
taxlaw-2799	1851	10	would	would	AUX
taxlaw-2799	1851	11	be	be	AUX
taxlaw-2799	1851	12	to	to	PART
taxlaw-2799	1851	13	reconvert	reconvert	VERB
taxlaw-2799	1851	14	each	each	DET
taxlaw-2799	1851	15	upfront	upfront	ADJ
taxlaw-2799	1851	16	payment	payment	NOUN
taxlaw-2799	1851	17	into	into	ADP
taxlaw-2799	1851	18	a	a	DET
taxlaw-2799	1851	19	stream	stream	NOUN
taxlaw-2799	1851	20	of	of	ADP
taxlaw-2799	1851	21	x	x	PUNCT
taxlaw-2799	1851	22	(	(	PUNCT
taxlaw-2799	1851	23	not	not	PART
taxlaw-2799	1851	24	75	75	NUM
taxlaw-2799	1851	25	)	)	PUNCT
taxlaw-2799	1851	26	basis	basis	NOUN
taxlaw-2799	1851	27	points	point	NOUN
taxlaw-2799	1851	28	over	over	ADP
taxlaw-2799	1851	29	the	the	DET
taxlaw-2799	1851	30	maximum	maximum	ADJ
taxlaw-2799	1851	31	life	life	NOUN
taxlaw-2799	1851	32	of	of	ADP
taxlaw-2799	1851	33	the	the	DET
taxlaw-2799	1851	34	cds	cd	NOUN
taxlaw-2799	1851	35	,	,	PUNCT
taxlaw-2799	1851	36	in	in	ADP
taxlaw-2799	1851	37	an	an	DET
taxlaw-2799	1851	38	amount	amount	NOUN
taxlaw-2799	1851	39	that	that	PRON
taxlaw-2799	1851	40	would	would	AUX
taxlaw-2799	1851	41	differ	differ	VERB
taxlaw-2799	1851	42	for	for	ADP
taxlaw-2799	1851	43	each	each	DET
taxlaw-2799	1851	44	example	example	NOUN
taxlaw-2799	1851	45	because	because	SCONJ
taxlaw-2799	1851	46	each	each	PRON
taxlaw-2799	1851	47	of	of	ADP
taxlaw-2799	1851	48	them	they	PRON
taxlaw-2799	1851	49	reflects	reflect	VERB
taxlaw-2799	1851	50	the	the	DET
taxlaw-2799	1851	51	present	present	ADJ
taxlaw-2799	1851	52	value	value	NOUN
taxlaw-2799	1851	53	of	of	ADP
taxlaw-2799	1851	54	a	a	DET
taxlaw-2799	1851	55	different	different	ADJ
taxlaw-2799	1851	56	92	92	NUM
taxlaw-2799	1851	57	columbia	columbia	PROPN
taxlaw-2799	1851	58	jour	jour	PROPN
taxlaw-2799	1851	59	al	al	PROPN
taxlaw-2799	1851	60	of	of	ADP
taxlaw-2799	1851	61	tax	tax	NOUN
taxlaw-2799	1851	62	law	law	NOUN
taxlaw-2799	1852	1	[	[	X
taxlaw-2799	1852	2	vol	vol	NOUN
taxlaw-2799	1852	3	.	.	PUNCT
taxlaw-2799	1852	4	2:1	2:1	NUM
taxlaw-2799	1852	5	stream	stream	NOUN
taxlaw-2799	1852	6	of	of	ADP
taxlaw-2799	1852	7	payments	payment	NOUN
taxlaw-2799	1852	8	.	.	PUNCT
taxlaw-2799	1853	1	remember	remember	VERB
taxlaw-2799	1853	2	,	,	PUNCT
taxlaw-2799	1853	3	however	however	ADV
taxlaw-2799	1853	4	,	,	PUNCT
taxlaw-2799	1853	5	that	that	SCONJ
taxlaw-2799	1853	6	the	the	DET
taxlaw-2799	1853	7	regulations	regulation	NOUN
taxlaw-2799	1853	8	that	that	PRON
taxlaw-2799	1853	9	treat	treat	VERB
taxlaw-2799	1853	10	an	an	DET
taxlaw-2799	1853	11	upfront	upfront	ADJ
taxlaw-2799	1853	12	payment	payment	NOUN
taxlaw-2799	1853	13	as	as	ADP
taxlaw-2799	1853	14	a	a	DET
taxlaw-2799	1853	15	deemed	deemed	ADJ
taxlaw-2799	1853	16	loan	loan	NOUN
taxlaw-2799	1853	17	also	also	ADV
taxlaw-2799	1853	18	restate	restate	VERB
taxlaw-2799	1853	19	the	the	DET
taxlaw-2799	1853	20	terms	term	NOUN
taxlaw-2799	1853	21	of	of	ADP
taxlaw-2799	1853	22	the	the	DET
taxlaw-2799	1853	23	related	relate	VERB
taxlaw-2799	1853	24	swap	swap	NOUN
taxlaw-2799	1853	25	so	so	SCONJ
taxlaw-2799	1853	26	that	that	SCONJ
taxlaw-2799	1853	27	they	they	PRON
taxlaw-2799	1853	28	have	have	VERB
taxlaw-2799	1853	29	market	market	NOUN
taxlaw-2799	1853	30	terms	term	NOUN
taxlaw-2799	1853	31	.	.	PUNCT
taxlaw-2799	1854	1	that	that	PRON
taxlaw-2799	1854	2	would	would	AUX
taxlaw-2799	1854	3	not	not	PART
taxlaw-2799	1854	4	be	be	AUX
taxlaw-2799	1854	5	the	the	DET
taxlaw-2799	1854	6	case	case	NOUN
taxlaw-2799	1854	7	if	if	SCONJ
taxlaw-2799	1854	8	the	the	DET
taxlaw-2799	1854	9	deemed	deem	VERB
taxlaw-2799	1854	10	loan	loan	NOUN
taxlaw-2799	1854	11	payments	payment	NOUN
taxlaw-2799	1854	12	were	be	AUX
taxlaw-2799	1854	13	treated	treat	VERB
taxlaw-2799	1854	14	as	as	ADP
taxlaw-2799	1854	15	,	,	PUNCT
taxlaw-2799	1854	16	hypothetically	hypothetically	ADV
taxlaw-2799	1854	17	,	,	PUNCT
taxlaw-2799	1854	18	50	50	NUM
taxlaw-2799	1854	19	basis	basis	NOUN
taxlaw-2799	1854	20	points	point	NOUN
taxlaw-2799	1854	21	for	for	ADP
taxlaw-2799	1854	22	example	example	NOUN
taxlaw-2799	1854	23	1	1	NUM
taxlaw-2799	1854	24	,	,	PUNCT
taxlaw-2799	1854	25	60	60	NUM
taxlaw-2799	1854	26	basis	basis	NOUN
taxlaw-2799	1854	27	points	point	NOUN
taxlaw-2799	1854	28	for	for	ADP
taxlaw-2799	1854	29	example	example	NOUN
taxlaw-2799	1854	30	2	2	NUM
taxlaw-2799	1854	31	and	and	CCONJ
taxlaw-2799	1854	32	65	65	NUM
taxlaw-2799	1854	33	basis	basis	NOUN
taxlaw-2799	1854	34	points	point	NOUN
taxlaw-2799	1854	35	for	for	ADP
taxlaw-2799	1854	36	example	example	NOUN
taxlaw-2799	1855	1	3	3	X
taxlaw-2799	1855	2	.	.	PUNCT
taxlaw-2799	1855	3	moreover	moreover	ADV
taxlaw-2799	1855	4	,	,	PUNCT
taxlaw-2799	1855	5	treating	treat	VERB
taxlaw-2799	1855	6	each	each	PRON
taxlaw-2799	1855	7	of	of	ADP
taxlaw-2799	1855	8	these	these	DET
taxlaw-2799	1855	9	upfront	upfront	ADJ
taxlaw-2799	1855	10	payments	payment	NOUN
taxlaw-2799	1855	11	as	as	ADP
taxlaw-2799	1855	12	representing	represent	VERB
taxlaw-2799	1855	13	a	a	DET
taxlaw-2799	1855	14	stream	stream	NOUN
taxlaw-2799	1855	15	of	of	ADP
taxlaw-2799	1855	16	75	75	NUM
taxlaw-2799	1855	17	basis	basis	NOUN
taxlaw-2799	1855	18	points	point	NOUN
taxlaw-2799	1855	19	would	would	AUX
taxlaw-2799	1855	20	have	have	VERB
taxlaw-2799	1855	21	the	the	DET
taxlaw-2799	1855	22	merit	merit	NOUN
taxlaw-2799	1855	23	of	of	ADP
taxlaw-2799	1855	24	a	a	DET
taxlaw-2799	1855	25	rule	rule	NOUN
taxlaw-2799	1855	26	anchored	anchor	VERB
taxlaw-2799	1855	27	to	to	ADP
taxlaw-2799	1855	28	the	the	DET
taxlaw-2799	1855	29	real	real	ADJ
taxlaw-2799	1855	30	market	market	NOUN
taxlaw-2799	1855	31	pricing	pricing	NOUN
taxlaw-2799	1855	32	for	for	ADP
taxlaw-2799	1855	33	these	these	DET
taxlaw-2799	1855	34	cds	cd	NOUN
taxlaw-2799	1855	35	.	.	PUNCT
taxlaw-2799	1856	1	if	if	SCONJ
taxlaw-2799	1856	2	one	one	PRON
taxlaw-2799	1856	3	therefore	therefore	ADV
taxlaw-2799	1856	4	assumed	assume	VERB
taxlaw-2799	1856	5	that	that	SCONJ
taxlaw-2799	1856	6	the	the	DET
taxlaw-2799	1856	7	best	good	ADJ
taxlaw-2799	1856	8	answer	answer	NOUN
taxlaw-2799	1856	9	is	be	AUX
taxlaw-2799	1856	10	to	to	PART
taxlaw-2799	1856	11	reverse	reverse	VERB
taxlaw-2799	1856	12	engineer	engineer	NOUN
taxlaw-2799	1856	13	what	what	PRON
taxlaw-2799	1856	14	the	the	DET
taxlaw-2799	1856	15	market	market	NOUN
taxlaw-2799	1856	16	has	have	AUX
taxlaw-2799	1856	17	done	do	VERB
taxlaw-2799	1856	18	,	,	PUNCT
taxlaw-2799	1856	19	and	and	CCONJ
taxlaw-2799	1856	20	to	to	PART
taxlaw-2799	1856	21	treat	treat	VERB
taxlaw-2799	1856	22	the	the	DET
taxlaw-2799	1856	23	upfront	upfront	ADJ
taxlaw-2799	1856	24	payment	payment	NOUN
taxlaw-2799	1856	25	as	as	SCONJ
taxlaw-2799	1856	26	repaid	repay	VERB
taxlaw-2799	1856	27	in	in	ADP
taxlaw-2799	1856	28	75	75	NUM
taxlaw-2799	1856	29	basis	basis	NOUN
taxlaw-2799	1856	30	point	point	NOUN
taxlaw-2799	1856	31	increments	increment	VERB
taxlaw-2799	1856	32	over	over	ADP
taxlaw-2799	1856	33	some	some	DET
taxlaw-2799	1856	34	period	period	NOUN
taxlaw-2799	1856	35	of	of	ADP
taxlaw-2799	1856	36	time	time	NOUN
taxlaw-2799	1856	37	,	,	PUNCT
taxlaw-2799	1856	38	new	new	ADJ
taxlaw-2799	1856	39	questions	question	NOUN
taxlaw-2799	1856	40	arise	arise	VERB
taxlaw-2799	1856	41	that	that	PRON
taxlaw-2799	1856	42	would	would	AUX
taxlaw-2799	1856	43	also	also	ADV
taxlaw-2799	1856	44	have	have	VERB
taxlaw-2799	1856	45	to	to	PART
taxlaw-2799	1856	46	be	be	AUX
taxlaw-2799	1856	47	addressed	address	VERB
taxlaw-2799	1856	48	in	in	ADP
taxlaw-2799	1856	49	any	any	DET
taxlaw-2799	1856	50	such	such	ADJ
taxlaw-2799	1856	51	guidance	guidance	NOUN
taxlaw-2799	1856	52	.	.	PUNCT
taxlaw-2799	1857	1	since	since	SCONJ
taxlaw-2799	1857	2	the	the	DET
taxlaw-2799	1857	3	upfront	upfront	ADJ
taxlaw-2799	1857	4	payments	payment	NOUN
taxlaw-2799	1857	5	are	be	AUX
taxlaw-2799	1857	6	in	in	ADP
taxlaw-2799	1857	7	different	different	ADJ
taxlaw-2799	1857	8	amounts	amount	NOUN
taxlaw-2799	1857	9	,	,	PUNCT
taxlaw-2799	1857	10	would	would	AUX
taxlaw-2799	1857	11	each	each	DET
taxlaw-2799	1857	12	case	case	NOUN
taxlaw-2799	1857	13	result	result	VERB
taxlaw-2799	1857	14	in	in	ADP
taxlaw-2799	1857	15	a	a	DET
taxlaw-2799	1857	16	stream	stream	NOUN
taxlaw-2799	1857	17	of	of	ADP
taxlaw-2799	1857	18	75	75	NUM
taxlaw-2799	1857	19	basis	basis	NOUN
taxlaw-2799	1857	20	point	point	NOUN
taxlaw-2799	1857	21	deemed	deem	VERB
taxlaw-2799	1857	22	payments	payment	NOUN
taxlaw-2799	1857	23	for	for	ADP
taxlaw-2799	1857	24	a	a	DET
taxlaw-2799	1857	25	different	different	ADJ
taxlaw-2799	1857	26	period	period	NOUN
taxlaw-2799	1857	27	of	of	ADP
taxlaw-2799	1857	28	time	time	NOUN
taxlaw-2799	1857	29	?	?	PUNCT
taxlaw-2799	1858	1	or	or	CCONJ
taxlaw-2799	1858	2	would	would	AUX
taxlaw-2799	1858	3	each	each	PRON
taxlaw-2799	1858	4	of	of	ADP
taxlaw-2799	1858	5	them	they	PRON
taxlaw-2799	1858	6	be	be	AUX
taxlaw-2799	1858	7	treated	treat	VERB
taxlaw-2799	1858	8	as	as	ADP
taxlaw-2799	1858	9	giving	give	VERB
taxlaw-2799	1858	10	rise	rise	NOUN
taxlaw-2799	1858	11	to	to	ADP
taxlaw-2799	1858	12	deemed	deem	VERB
taxlaw-2799	1858	13	75	75	NUM
taxlaw-2799	1858	14	basis	basis	NOUN
taxlaw-2799	1858	15	points	point	NOUN
taxlaw-2799	1858	16	payments	payment	NOUN
taxlaw-2799	1858	17	for	for	ADP
taxlaw-2799	1858	18	the	the	DET
taxlaw-2799	1858	19	full	full	ADJ
taxlaw-2799	1858	20	tenor	tenor	NOUN
taxlaw-2799	1858	21	of	of	ADP
taxlaw-2799	1858	22	the	the	DET
taxlaw-2799	1858	23	cds	cd	NOUN
taxlaw-2799	1858	24	?	?	PUNCT
taxlaw-2799	1859	1	let	let	VERB
taxlaw-2799	1859	2	us	we	PRON
taxlaw-2799	1859	3	assume	assume	VERB
taxlaw-2799	1859	4	that	that	SCONJ
taxlaw-2799	1859	5	the	the	DET
taxlaw-2799	1859	6	upfront	upfront	ADJ
taxlaw-2799	1859	7	payment	payment	NOUN
taxlaw-2799	1859	8	in	in	ADP
taxlaw-2799	1859	9	example	example	NOUN
taxlaw-2799	1859	10	1	1	NUM
taxlaw-2799	1859	11	(	(	PUNCT
taxlaw-2799	1859	12	$	$	SYM
taxlaw-2799	1859	13	244,000	244,000	NUM
taxlaw-2799	1859	14	)	)	PUNCT
taxlaw-2799	1859	15	would	would	AUX
taxlaw-2799	1859	16	be	be	AUX
taxlaw-2799	1859	17	treated	treat	VERB
taxlaw-2799	1859	18	as	as	ADP
taxlaw-2799	1859	19	equivalent	equivalent	ADJ
taxlaw-2799	1859	20	to	to	ADP
taxlaw-2799	1859	21	an	an	DET
taxlaw-2799	1859	22	annuity	annuity	NOUN
taxlaw-2799	1859	23	paying	pay	VERB
taxlaw-2799	1859	24	75	75	NUM
taxlaw-2799	1859	25	basis	basis	NOUN
taxlaw-2799	1859	26	point	point	NOUN
taxlaw-2799	1859	27	coupons	coupon	NOUN
taxlaw-2799	1859	28	for	for	ADP
taxlaw-2799	1859	29	3	3	NUM
taxlaw-2799	1859	30	years	year	NOUN
taxlaw-2799	1859	31	,	,	PUNCT
taxlaw-2799	1859	32	the	the	DET
taxlaw-2799	1859	33	upfront	upfront	ADJ
taxlaw-2799	1859	34	payment	payment	NOUN
taxlaw-2799	1859	35	in	in	ADP
taxlaw-2799	1859	36	example	example	NOUN
taxlaw-2799	1859	37	2	2	NUM
taxlaw-2799	1859	38	(	(	PUNCT
taxlaw-2799	1859	39	$	$	SYM
taxlaw-2799	1859	40	335,000	335,000	NUM
taxlaw-2799	1859	41	)	)	PUNCT
taxlaw-2799	1859	42	would	would	AUX
taxlaw-2799	1859	43	be	be	AUX
taxlaw-2799	1859	44	treated	treat	VERB
taxlaw-2799	1859	45	as	as	ADP
taxlaw-2799	1859	46	equivalent	equivalent	ADJ
taxlaw-2799	1859	47	to	to	ADP
taxlaw-2799	1859	48	a	a	DET
taxlaw-2799	1859	49	similar	similar	ADJ
taxlaw-2799	1859	50	annuity	annuity	NOUN
taxlaw-2799	1859	51	but	but	CCONJ
taxlaw-2799	1859	52	for	for	ADP
taxlaw-2799	1859	53	4	4	NUM
taxlaw-2799	1859	54	years	year	NOUN
taxlaw-2799	1859	55	,	,	PUNCT
taxlaw-2799	1859	56	and	and	CCONJ
taxlaw-2799	1859	57	the	the	DET
taxlaw-2799	1859	58	upfront	upfront	ADJ
taxlaw-2799	1859	59	payment	payment	NOUN
taxlaw-2799	1859	60	in	in	ADP
taxlaw-2799	1859	61	example	example	NOUN
taxlaw-2799	1859	62	3	3	NUM
taxlaw-2799	1859	63	(	(	PUNCT
taxlaw-2799	1859	64	$	$	SYM
taxlaw-2799	1859	65	377,000	377,000	NUM
taxlaw-2799	1859	66	)	)	PUNCT
taxlaw-2799	1859	67	would	would	AUX
taxlaw-2799	1859	68	be	be	AUX
taxlaw-2799	1859	69	treated	treat	VERB
taxlaw-2799	1859	70	as	as	ADP
taxlaw-2799	1859	71	equivalent	equivalent	ADJ
taxlaw-2799	1859	72	to	to	ADP
taxlaw-2799	1859	73	a	a	DET
taxlaw-2799	1859	74	similar	similar	ADJ
taxlaw-2799	1859	75	annuity	annuity	NOUN
taxlaw-2799	1859	76	but	but	CCONJ
taxlaw-2799	1859	77	for	for	ADP
taxlaw-2799	1859	78	4.5	4.5	NUM
taxlaw-2799	1859	79	years	year	NOUN
taxlaw-2799	1859	80	.	.	PUNCT
taxlaw-2799	1860	1	what	what	PRON
taxlaw-2799	1860	2	happens	happen	VERB
taxlaw-2799	1860	3	if	if	SCONJ
taxlaw-2799	1860	4	the	the	DET
taxlaw-2799	1860	5	cds	cd	NOUN
taxlaw-2799	1860	6	in	in	ADP
taxlaw-2799	1860	7	example	example	NOUN
taxlaw-2799	1860	8	1	1	NUM
taxlaw-2799	1860	9	survives	survive	VERB
taxlaw-2799	1860	10	for	for	ADP
taxlaw-2799	1860	11	more	more	ADJ
taxlaw-2799	1860	12	than	than	ADP
taxlaw-2799	1860	13	3	3	NUM
taxlaw-2799	1860	14	years	year	NOUN
taxlaw-2799	1860	15	?	?	PUNCT
taxlaw-2799	1861	1	does	do	AUX
taxlaw-2799	1861	2	the	the	DET
taxlaw-2799	1861	3	deemed	deem	VERB
taxlaw-2799	1861	4	annuity	annuity	NOUN
taxlaw-2799	1861	5	continue	continue	VERB
taxlaw-2799	1861	6	?	?	PUNCT
taxlaw-2799	1862	1	or	or	CCONJ
taxlaw-2799	1862	2	is	be	AUX
taxlaw-2799	1862	3	the	the	DET
taxlaw-2799	1862	4	cds	cd	NOUN
taxlaw-2799	1862	5	treated	treat	VERB
taxlaw-2799	1862	6	as	as	ADP
taxlaw-2799	1862	7	reissued	reissue	VERB
taxlaw-2799	1862	8	at	at	ADP
taxlaw-2799	1862	9	year	year	NOUN
taxlaw-2799	1862	10	3	3	NUM
taxlaw-2799	1862	11	?	?	PUNCT
taxlaw-2799	1863	1	some	some	DET
taxlaw-2799	1863	2	support	support	NOUN
taxlaw-2799	1863	3	for	for	ADP
taxlaw-2799	1863	4	this	this	DET
taxlaw-2799	1863	5	approach	approach	NOUN
taxlaw-2799	1863	6	—	—	PUNCT
taxlaw-2799	1863	7	same	same	ADJ
taxlaw-2799	1863	8	payment	payment	NOUN
taxlaw-2799	1863	9	amount	amount	NOUN
taxlaw-2799	1863	10	,	,	PUNCT
taxlaw-2799	1863	11	over	over	ADP
taxlaw-2799	1863	12	different	different	ADJ
taxlaw-2799	1863	13	periods	period	NOUN
taxlaw-2799	1863	14	—	—	PUNCT
taxlaw-2799	1863	15	can	can	AUX
taxlaw-2799	1863	16	be	be	AUX
taxlaw-2799	1863	17	found	find	VERB
taxlaw-2799	1863	18	in	in	ADP
taxlaw-2799	1863	19	the	the	DET
taxlaw-2799	1863	20	npc	npc	NOUN
taxlaw-2799	1863	21	timing	timing	NOUN
taxlaw-2799	1863	22	regulations	regulation	NOUN
taxlaw-2799	1863	23	,	,	PUNCT
taxlaw-2799	1863	24	because	because	SCONJ
taxlaw-2799	1863	25	they	they	PRON
taxlaw-2799	1863	26	provide	provide	VERB
taxlaw-2799	1863	27	that	that	PRON
taxlaw-2799	1863	28	for	for	ADP
taxlaw-2799	1863	29	purposes	purpose	NOUN
taxlaw-2799	1863	30	of	of	ADP
taxlaw-2799	1863	31	recognizing	recognize	VERB
taxlaw-2799	1863	32	a	a	DET
taxlaw-2799	1863	33	nonperiodic	nonperiodic	ADJ
taxlaw-2799	1863	34	payment	payment	NOUN
taxlaw-2799	1863	35	over	over	ADP
taxlaw-2799	1863	36	the	the	DET
taxlaw-2799	1863	37	term	term	NOUN
taxlaw-2799	1863	38	of	of	ADP
taxlaw-2799	1863	39	an	an	DET
taxlaw-2799	1863	40	npc	npc	NOUN
taxlaw-2799	1863	41	,	,	PUNCT
taxlaw-2799	1863	42	the	the	DET
taxlaw-2799	1863	43	term	term	NOUN
taxlaw-2799	1863	44	of	of	ADP
taxlaw-2799	1863	45	an	an	DET
taxlaw-2799	1863	46	npc	npc	NOUN
taxlaw-2799	1863	47	that	that	PRON
taxlaw-2799	1863	48	is	be	AUX
taxlaw-2799	1863	49	subject	subject	ADJ
taxlaw-2799	1863	50	to	to	ADP
taxlaw-2799	1863	51	termination	termination	NOUN
taxlaw-2799	1863	52	is	be	AUX
taxlaw-2799	1863	53	the	the	DET
taxlaw-2799	1863	54	reasonably	reasonably	ADV
taxlaw-2799	1863	55	expected	expect	VERB
taxlaw-2799	1863	56	term	term	NOUN
taxlaw-2799	1863	57	of	of	ADP
taxlaw-2799	1863	58	the	the	DET
taxlaw-2799	1863	59	contract.150	contract.150	NOUN
taxlaw-2799	1863	60	on	on	ADP
taxlaw-2799	1863	61	the	the	DET
taxlaw-2799	1863	62	other	other	ADJ
taxlaw-2799	1863	63	hand	hand	NOUN
taxlaw-2799	1863	64	,	,	PUNCT
taxlaw-2799	1863	65	the	the	DET
taxlaw-2799	1863	66	deemed	deemed	ADJ
taxlaw-2799	1863	67	loan	loan	NOUN
taxlaw-2799	1863	68	rule	rule	NOUN
taxlaw-2799	1863	69	provides	provide	VERB
taxlaw-2799	1863	70	that	that	SCONJ
taxlaw-2799	1863	71	the	the	DET
taxlaw-2799	1863	72	deemed	deemed	ADJ
taxlaw-2799	1863	73	at	at	ADP
taxlaw-2799	1863	74	-	-	PUNCT
taxlaw-2799	1863	75	market	market	NOUN
taxlaw-2799	1863	76	swap	swap	NOUN
taxlaw-2799	1863	77	must	must	AUX
taxlaw-2799	1863	78	provide	provide	VERB
taxlaw-2799	1863	79	for	for	ADP
taxlaw-2799	1863	80	level	level	NOUN
taxlaw-2799	1863	81	payments	payment	NOUN
taxlaw-2799	1863	82	,	,	PUNCT
taxlaw-2799	1863	83	which	which	PRON
taxlaw-2799	1863	84	would	would	AUX
taxlaw-2799	1863	85	not	not	PART
taxlaw-2799	1863	86	be	be	AUX
taxlaw-2799	1863	87	the	the	DET
taxlaw-2799	1863	88	case	case	NOUN
taxlaw-2799	1863	89	if	if	SCONJ
taxlaw-2799	1863	90	the	the	DET
taxlaw-2799	1863	91	swap	swap	NOUN
taxlaw-2799	1863	92	in	in	ADP
taxlaw-2799	1863	93	example	example	NOUN
taxlaw-2799	1863	94	1	1	NUM
taxlaw-2799	1863	95	remained	remain	VERB
taxlaw-2799	1863	96	in	in	ADP
taxlaw-2799	1863	97	existence	existence	NOUN
taxlaw-2799	1863	98	for	for	ADP
taxlaw-2799	1863	99	more	more	ADJ
taxlaw-2799	1863	100	than	than	ADP
taxlaw-2799	1863	101	3	3	NUM
taxlaw-2799	1863	102	years	year	NOUN
taxlaw-2799	1863	103	unless	unless	SCONJ
taxlaw-2799	1863	104	the	the	DET
taxlaw-2799	1863	105	swap	swap	NOUN
taxlaw-2799	1863	106	were	be	AUX
taxlaw-2799	1863	107	treated	treat	VERB
taxlaw-2799	1863	108	as	as	ADP
taxlaw-2799	1863	109	reissued	reissue	VERB
taxlaw-2799	1863	110	at	at	ADP
taxlaw-2799	1863	111	year	year	NOUN
taxlaw-2799	1863	112	3	3	NUM
taxlaw-2799	1863	113	.	.	PUNCT
taxlaw-2799	1864	1	this	this	DET
taxlaw-2799	1864	2	approach	approach	NOUN
taxlaw-2799	1864	3	does	do	AUX
taxlaw-2799	1864	4	not	not	PART
taxlaw-2799	1864	5	seem	seem	VERB
taxlaw-2799	1864	6	like	like	ADP
taxlaw-2799	1864	7	the	the	DET
taxlaw-2799	1864	8	likely	likely	ADJ
taxlaw-2799	1864	9	right	right	ADJ
taxlaw-2799	1864	10	answer	answer	NOUN
taxlaw-2799	1864	11	.	.	PUNCT
taxlaw-2799	1865	1	now	now	ADV
taxlaw-2799	1865	2	let	let	VERB
taxlaw-2799	1865	3	us	we	PRON
taxlaw-2799	1865	4	consider	consider	VERB
taxlaw-2799	1865	5	the	the	DET
taxlaw-2799	1865	6	alternative	alternative	NOUN
taxlaw-2799	1865	7	,	,	PUNCT
taxlaw-2799	1865	8	under	under	ADP
taxlaw-2799	1865	9	which	which	PRON
taxlaw-2799	1865	10	the	the	DET
taxlaw-2799	1865	11	annuity	annuity	NOUN
taxlaw-2799	1865	12	is	be	AUX
taxlaw-2799	1865	13	deemed	deem	VERB
taxlaw-2799	1865	14	to	to	PART
taxlaw-2799	1865	15	be	be	AUX
taxlaw-2799	1865	16	payable	payable	ADJ
taxlaw-2799	1865	17	in	in	ADP
taxlaw-2799	1865	18	all	all	DET
taxlaw-2799	1865	19	three	three	NUM
taxlaw-2799	1865	20	examples	example	NOUN
taxlaw-2799	1865	21	over	over	ADP
taxlaw-2799	1865	22	the	the	DET
taxlaw-2799	1865	23	full	full	ADJ
taxlaw-2799	1865	24	five	five	NUM
taxlaw-2799	1865	25	-	-	PUNCT
taxlaw-2799	1865	26	year	year	NOUN
taxlaw-2799	1865	27	term	term	NOUN
taxlaw-2799	1865	28	of	of	ADP
taxlaw-2799	1865	29	the	the	DET
taxlaw-2799	1865	30	cds	cd	NOUN
taxlaw-2799	1865	31	.	.	PUNCT
taxlaw-2799	1866	1	we	we	PRON
taxlaw-2799	1866	2	know	know	VERB
taxlaw-2799	1866	3	that	that	SCONJ
taxlaw-2799	1866	4	there	there	PRON
taxlaw-2799	1866	5	is	be	VERB
taxlaw-2799	1866	6	uncertainty	uncertainty	NOUN
taxlaw-2799	1866	7	about	about	ADP
taxlaw-2799	1866	8	whether	whether	SCONJ
taxlaw-2799	1866	9	the	the	DET
taxlaw-2799	1866	10	annuity	annuity	NOUN
taxlaw-2799	1866	11	will	will	AUX
taxlaw-2799	1866	12	in	in	ADP
taxlaw-2799	1866	13	fact	fact	NOUN
taxlaw-2799	1866	14	be	be	AUX
taxlaw-2799	1866	15	paid	pay	VERB
taxlaw-2799	1866	16	over	over	ADP
taxlaw-2799	1866	17	the	the	DET
taxlaw-2799	1866	18	entire	entire	ADJ
taxlaw-2799	1866	19	term	term	NOUN
taxlaw-2799	1866	20	,	,	PUNCT
taxlaw-2799	1866	21	with	with	ADP
taxlaw-2799	1866	22	the	the	DET
taxlaw-2799	1866	23	highest	high	ADJ
taxlaw-2799	1866	24	risk	risk	NOUN
taxlaw-2799	1866	25	in	in	ADP
taxlaw-2799	1866	26	example	example	NOUN
taxlaw-2799	1866	27	1	1	NUM
taxlaw-2799	1866	28	.	.	PUNCT
taxlaw-2799	1867	1	given	give	VERB
taxlaw-2799	1867	2	the	the	DET
taxlaw-2799	1867	3	uncertainty	uncertainty	NOUN
taxlaw-2799	1867	4	as	as	ADP
taxlaw-2799	1867	5	to	to	ADP
taxlaw-2799	1867	6	whether	whether	SCONJ
taxlaw-2799	1867	7	the	the	DET
taxlaw-2799	1867	8	“	"	PUNCT
taxlaw-2799	1867	9	lender	lender	NOUN
taxlaw-2799	1867	10	”	"	PUNCT
taxlaw-2799	1867	11	will	will	AUX
taxlaw-2799	1867	12	be	be	AUX
taxlaw-2799	1867	13	“	"	PUNCT
taxlaw-2799	1867	14	repaid	repay	VERB
taxlaw-2799	1867	15	”	"	PUNCT
taxlaw-2799	1867	16	in	in	ADP
taxlaw-2799	1867	17	full	full	ADJ
taxlaw-2799	1867	18	,	,	PUNCT
taxlaw-2799	1867	19	does	do	AUX
taxlaw-2799	1867	20	the	the	DET
taxlaw-2799	1867	21	deemed	deem	VERB
taxlaw-2799	1867	22	loan	loan	NOUN
taxlaw-2799	1867	23	give	give	VERB
taxlaw-2799	1867	24	rise	rise	NOUN
taxlaw-2799	1867	25	to	to	ADP
taxlaw-2799	1867	26	contingent	contingent	ADJ
taxlaw-2799	1867	27	payment	payment	NOUN
taxlaw-2799	1867	28	debt	debt	NOUN
taxlaw-2799	1867	29	subject	subject	ADJ
taxlaw-2799	1867	30	to	to	ADP
taxlaw-2799	1867	31	treasury	treasury	NOUN
taxlaw-2799	1867	32	regulation	regulation	NOUN
taxlaw-2799	1867	33	§	§	PROPN
taxlaw-2799	1867	34	1.1275	1.1275	NUM
taxlaw-2799	1867	35	-	-	SYM
taxlaw-2799	1867	36	4	4	NUM
taxlaw-2799	1867	37	(	(	PUNCT
taxlaw-2799	1867	38	one	one	NUM
taxlaw-2799	1867	39	fervently	fervently	ADV
taxlaw-2799	1867	40	hopes	hope	VERB
taxlaw-2799	1867	41	not	not	PART
taxlaw-2799	1867	42	)	)	PUNCT
taxlaw-2799	1867	43	?	?	PUNCT
taxlaw-2799	1868	1	more	more	ADV
taxlaw-2799	1868	2	significantly	significantly	ADV
taxlaw-2799	1868	3	,	,	PUNCT
taxlaw-2799	1868	4	is	be	AUX
taxlaw-2799	1868	5	this	this	DET
taxlaw-2799	1868	6	debt	debt	NOUN
taxlaw-2799	1868	7	at	at	ADV
taxlaw-2799	1868	8	all	all	ADV
taxlaw-2799	1868	9	?	?	PUNCT
taxlaw-2799	1869	1	it	it	PRON
taxlaw-2799	1869	2	can	can	AUX
taxlaw-2799	1869	3	be	be	AUX
taxlaw-2799	1869	4	compared	compare	VERB
taxlaw-2799	1869	5	to	to	ADP
taxlaw-2799	1869	6	a	a	DET
taxlaw-2799	1869	7	credit	credit	NOUN
taxlaw-2799	1869	8	-	-	PUNCT
taxlaw-2799	1869	9	linked	link	VERB
taxlaw-2799	1869	10	note	note	NOUN
taxlaw-2799	1869	11	,	,	PUNCT
taxlaw-2799	1869	12	with	with	ADP
taxlaw-2799	1869	13	a	a	DET
taxlaw-2799	1869	14	payout	payout	NOUN
taxlaw-2799	1869	15	of	of	ADP
taxlaw-2799	1869	16	zero	zero	NUM
taxlaw-2799	1869	17	if	if	SCONJ
taxlaw-2799	1869	18	the	the	DET
taxlaw-2799	1869	19	credit	credit	NOUN
taxlaw-2799	1869	20	event	event	NOUN
taxlaw-2799	1869	21	arises	arise	VERB
taxlaw-2799	1869	22	.	.	PUNCT
taxlaw-2799	1870	1	or	or	CCONJ
taxlaw-2799	1870	2	it	it	PRON
taxlaw-2799	1870	3	could	could	AUX
taxlaw-2799	1870	4	be	be	AUX
taxlaw-2799	1870	5	compared	compare	VERB
taxlaw-2799	1870	6	to	to	ADP
taxlaw-2799	1870	7	an	an	DET
taxlaw-2799	1870	8	interest	interest	NOUN
taxlaw-2799	1870	9	-	-	PUNCT
taxlaw-2799	1870	10	only	only	ADV
taxlaw-2799	1870	11	obligation	obligation	NOUN
taxlaw-2799	1870	12	(	(	PUNCT
taxlaw-2799	1870	13	an	an	DET
taxlaw-2799	1870	14	“	"	PUNCT
taxlaw-2799	1870	15	io	io	NOUN
taxlaw-2799	1870	16	”	"	PUNCT
taxlaw-2799	1870	17	)	)	PUNCT
taxlaw-2799	1870	18	on	on	ADP
taxlaw-2799	1870	19	a	a	DET
taxlaw-2799	1870	20	prepayable	prepayable	ADJ
taxlaw-2799	1870	21	debt	debt	NOUN
taxlaw-2799	1870	22	instrument	instrument	NOUN
taxlaw-2799	1870	23	,	,	PUNCT
taxlaw-2799	1870	24	where	where	SCONJ
taxlaw-2799	1870	25	the	the	DET
taxlaw-2799	1870	26	trigger	trigger	NOUN
taxlaw-2799	1870	27	for	for	ADP
taxlaw-2799	1870	28	terminating	terminate	VERB
taxlaw-2799	1870	29	payments	payment	NOUN
taxlaw-2799	1870	30	is	be	AUX
taxlaw-2799	1870	31	not	not	PART
taxlaw-2799	1870	32	repayment	repayment	NOUN
taxlaw-2799	1870	33	of	of	ADP
taxlaw-2799	1870	34	debt	debt	NOUN
taxlaw-2799	1870	35	but	but	CCONJ
taxlaw-2799	1870	36	a	a	DET
taxlaw-2799	1870	37	credit	credit	NOUN
taxlaw-2799	1870	38	event	event	NOUN
taxlaw-2799	1870	39	.	.	PUNCT
taxlaw-2799	1871	1	150	150	NUM
taxlaw-2799	1871	2	treas	trea	NOUN
taxlaw-2799	1871	3	.	.	PUNCT
taxlaw-2799	1872	1	reg	reg	NOUN
taxlaw-2799	1872	2	.	.	PUNCT
taxlaw-2799	1873	1	§	§	PROPN
taxlaw-2799	1873	2	1.446	1.446	NUM
taxlaw-2799	1873	3	-	-	SYM
taxlaw-2799	1873	4	3(f)(3	3(f)(3	NUM
taxlaw-2799	1873	5	)	)	PUNCT
taxlaw-2799	1873	6	(	(	PUNCT
taxlaw-2799	1873	7	1994	1994	NUM
taxlaw-2799	1873	8	)	)	PUNCT
taxlaw-2799	1873	9	.	.	PUNCT
taxlaw-2799	1874	1	the	the	DET
taxlaw-2799	1874	2	regulation	regulation	NOUN
taxlaw-2799	1874	3	does	do	AUX
taxlaw-2799	1874	4	not	not	PART
taxlaw-2799	1874	5	specify	specify	VERB
taxlaw-2799	1874	6	who	who	PRON
taxlaw-2799	1874	7	determines	determine	VERB
taxlaw-2799	1874	8	what	what	PRON
taxlaw-2799	1874	9	the	the	DET
taxlaw-2799	1874	10	reasonably	reasonably	ADV
taxlaw-2799	1874	11	expected	expect	VERB
taxlaw-2799	1874	12	term	term	NOUN
taxlaw-2799	1874	13	is	be	AUX
taxlaw-2799	1874	14	,	,	PUNCT
taxlaw-2799	1874	15	leading	lead	VERB
taxlaw-2799	1874	16	to	to	ADP
taxlaw-2799	1874	17	the	the	DET
taxlaw-2799	1874	18	possibility	possibility	NOUN
taxlaw-2799	1874	19	that	that	SCONJ
taxlaw-2799	1874	20	different	different	ADJ
taxlaw-2799	1874	21	parties	party	NOUN
taxlaw-2799	1874	22	to	to	ADP
taxlaw-2799	1874	23	an	an	DET
taxlaw-2799	1874	24	npc	npc	NOUN
taxlaw-2799	1874	25	will	will	AUX
taxlaw-2799	1874	26	take	take	VERB
taxlaw-2799	1874	27	different	different	ADJ
taxlaw-2799	1874	28	positions	position	NOUN
taxlaw-2799	1874	29	.	.	PUNCT
taxlaw-2799	1875	1	2011	2011	NUM
taxlaw-2799	1875	2	]	]	PUNCT
taxlaw-2799	1876	1	ew	ew	NOUN
taxlaw-2799	1876	2	tax	tax	NOUN
taxlaw-2799	1876	3	issues	issue	NOUN
taxlaw-2799	1876	4	arisi	arisi	VERB
taxlaw-2799	1876	5	g	g	PROPN
taxlaw-2799	1876	6	from	from	ADP
taxlaw-2799	1876	7	the	the	DET
taxlaw-2799	1876	8	dodd	dodd	NOUN
taxlaw-2799	1876	9	-	-	PUNCT
taxlaw-2799	1876	10	fra	fra	PROPN
taxlaw-2799	1876	11	k	k	PROPN
taxlaw-2799	1876	12	act	act	NOUN
taxlaw-2799	1876	13	93	93	NUM
taxlaw-2799	1876	14	there	there	PRON
taxlaw-2799	1876	15	are	be	VERB
taxlaw-2799	1876	16	,	,	PUNCT
taxlaw-2799	1876	17	as	as	SCONJ
taxlaw-2799	1876	18	it	it	PRON
taxlaw-2799	1876	19	happens	happen	VERB
taxlaw-2799	1876	20	,	,	PUNCT
taxlaw-2799	1876	21	some	some	DET
taxlaw-2799	1876	22	tax	tax	NOUN
taxlaw-2799	1876	23	rules	rule	NOUN
taxlaw-2799	1876	24	for	for	ADP
taxlaw-2799	1876	25	ios	ios	PROPN
taxlaw-2799	1876	26	.	.	PUNCT
taxlaw-2799	1877	1	for	for	ADP
taxlaw-2799	1877	2	example	example	NOUN
taxlaw-2799	1877	3	,	,	PUNCT
taxlaw-2799	1877	4	ios	io	NOUN
taxlaw-2799	1877	5	issued	issue	VERB
taxlaw-2799	1877	6	under	under	ADP
taxlaw-2799	1877	7	the	the	DET
taxlaw-2799	1877	8	remic	remic	NOUN
taxlaw-2799	1877	9	rules	rule	NOUN
taxlaw-2799	1877	10	are	be	AUX
taxlaw-2799	1877	11	statutorily	statutorily	ADV
taxlaw-2799	1877	12	treated	treat	VERB
taxlaw-2799	1877	13	as	as	ADP
taxlaw-2799	1877	14	debt	debt	NOUN
taxlaw-2799	1877	15	,	,	PUNCT
taxlaw-2799	1877	16	like	like	ADP
taxlaw-2799	1877	17	other	other	ADJ
taxlaw-2799	1877	18	regular	regular	ADJ
taxlaw-2799	1877	19	interests	interest	NOUN
taxlaw-2799	1877	20	in	in	ADP
taxlaw-2799	1877	21	the	the	DET
taxlaw-2799	1877	22	remic.151	remic.151	NOUN
taxlaw-2799	1877	23	ios	ios	NOUN
taxlaw-2799	1877	24	can	can	AUX
taxlaw-2799	1877	25	also	also	ADV
taxlaw-2799	1877	26	arise	arise	VERB
taxlaw-2799	1877	27	pursuant	pursuant	ADV
taxlaw-2799	1877	28	to	to	ADP
taxlaw-2799	1877	29	the	the	DET
taxlaw-2799	1877	30	bond	bond	NOUN
taxlaw-2799	1877	31	stripping	strip	VERB
taxlaw-2799	1877	32	rules	rule	NOUN
taxlaw-2799	1877	33	of	of	ADP
taxlaw-2799	1877	34	§	§	PROPN
taxlaw-2799	1877	35	1286	1286	NUM
taxlaw-2799	1877	36	.	.	PUNCT
taxlaw-2799	1878	1	most	most	ADJ
taxlaw-2799	1878	2	ios	io	NOUN
taxlaw-2799	1878	3	under	under	ADP
taxlaw-2799	1878	4	current	current	ADJ
taxlaw-2799	1878	5	market	market	NOUN
taxlaw-2799	1878	6	practice	practice	NOUN
taxlaw-2799	1878	7	probably	probably	ADV
taxlaw-2799	1878	8	provide	provide	VERB
taxlaw-2799	1878	9	for	for	ADP
taxlaw-2799	1878	10	payments	payment	NOUN
taxlaw-2799	1878	11	based	base	VERB
taxlaw-2799	1878	12	on	on	ADP
taxlaw-2799	1878	13	pools	pool	NOUN
taxlaw-2799	1878	14	of	of	ADP
taxlaw-2799	1878	15	prepayable	prepayable	ADJ
taxlaw-2799	1878	16	debt	debt	NOUN
taxlaw-2799	1878	17	instruments	instrument	NOUN
taxlaw-2799	1878	18	,	,	PUNCT
taxlaw-2799	1878	19	and	and	CCONJ
taxlaw-2799	1878	20	thus	thus	ADV
taxlaw-2799	1878	21	either	either	CCONJ
taxlaw-2799	1878	22	explicitly	explicitly	ADV
taxlaw-2799	1878	23	or	or	CCONJ
taxlaw-2799	1878	24	by	by	ADP
taxlaw-2799	1878	25	analogy	analogy	NOUN
taxlaw-2799	1878	26	can	can	AUX
taxlaw-2799	1878	27	be	be	AUX
taxlaw-2799	1878	28	handled	handle	VERB
taxlaw-2799	1878	29	to	to	ADP
taxlaw-2799	1878	30	at	at	ADV
taxlaw-2799	1878	31	least	least	ADJ
taxlaw-2799	1878	32	some	some	PRON
taxlaw-2799	1878	33	extent	extent	NOUN
taxlaw-2799	1878	34	under	under	ADP
taxlaw-2799	1878	35	the	the	DET
taxlaw-2799	1878	36	rules	rule	NOUN
taxlaw-2799	1878	37	of	of	ADP
taxlaw-2799	1878	38	§	§	PROPN
taxlaw-2799	1878	39	1272(a)(6	1272(a)(6	NUM
taxlaw-2799	1878	40	)	)	PUNCT
taxlaw-2799	1878	41	.	.	PUNCT
taxlaw-2799	1879	1	that	that	PRON
taxlaw-2799	1879	2	would	would	AUX
taxlaw-2799	1879	3	not	not	PART
taxlaw-2799	1879	4	be	be	AUX
taxlaw-2799	1879	5	the	the	DET
taxlaw-2799	1879	6	case	case	NOUN
taxlaw-2799	1879	7	for	for	ADP
taxlaw-2799	1879	8	an	an	DET
taxlaw-2799	1879	9	annuity	annuity	NOUN
taxlaw-2799	1879	10	deemed	deem	VERB
taxlaw-2799	1879	11	to	to	PART
taxlaw-2799	1879	12	arise	arise	VERB
taxlaw-2799	1879	13	under	under	ADP
taxlaw-2799	1879	14	a	a	DET
taxlaw-2799	1879	15	cds	cd	NOUN
taxlaw-2799	1879	16	.	.	PUNCT
taxlaw-2799	1880	1	moreover	moreover	ADV
taxlaw-2799	1880	2	,	,	PUNCT
taxlaw-2799	1880	3	the	the	DET
taxlaw-2799	1880	4	rules	rule	NOUN
taxlaw-2799	1880	5	for	for	ADP
taxlaw-2799	1880	6	taxing	tax	VERB
taxlaw-2799	1880	7	ios	io	NOUN
taxlaw-2799	1880	8	are	be	AUX
taxlaw-2799	1880	9	not	not	PART
taxlaw-2799	1880	10	themselves	themselves	PRON
taxlaw-2799	1880	11	a	a	DET
taxlaw-2799	1880	12	model	model	NOUN
taxlaw-2799	1880	13	of	of	ADP
taxlaw-2799	1880	14	clarity	clarity	NOUN
taxlaw-2799	1880	15	,	,	PUNCT
taxlaw-2799	1880	16	as	as	SCONJ
taxlaw-2799	1880	17	evidenced	evidence	VERB
taxlaw-2799	1880	18	by	by	ADP
taxlaw-2799	1880	19	a	a	DET
taxlaw-2799	1880	20	request	request	NOUN
taxlaw-2799	1880	21	by	by	ADP
taxlaw-2799	1880	22	the	the	DET
taxlaw-2799	1880	23	service	service	NOUN
taxlaw-2799	1880	24	in	in	ADP
taxlaw-2799	1880	25	2004	2004	NUM
taxlaw-2799	1880	26	for	for	ADP
taxlaw-2799	1880	27	comments	comment	NOUN
taxlaw-2799	1880	28	from	from	ADP
taxlaw-2799	1880	29	taxpayers	taxpayer	NOUN
taxlaw-2799	1880	30	on	on	ADP
taxlaw-2799	1880	31	a	a	DET
taxlaw-2799	1880	32	variety	variety	NOUN
taxlaw-2799	1880	33	of	of	ADP
taxlaw-2799	1880	34	issues.152	issues.152	ADJ
taxlaw-2799	1880	35	the	the	DET
taxlaw-2799	1880	36	request	request	NOUN
taxlaw-2799	1880	37	states	state	NOUN
taxlaw-2799	1880	38	in	in	ADP
taxlaw-2799	1880	39	its	its	PRON
taxlaw-2799	1880	40	introduction	introduction	NOUN
taxlaw-2799	1880	41	that	that	SCONJ
taxlaw-2799	1880	42	“	"	PUNCT
taxlaw-2799	1880	43	remic	remic	ADJ
taxlaw-2799	1880	44	ios	io	NOUN
taxlaw-2799	1880	45	present	present	ADJ
taxlaw-2799	1880	46	novel	novel	NOUN
taxlaw-2799	1880	47	and	and	CCONJ
taxlaw-2799	1880	48	difficult	difficult	ADJ
taxlaw-2799	1880	49	questions	question	NOUN
taxlaw-2799	1880	50	in	in	ADP
taxlaw-2799	1880	51	the	the	DET
taxlaw-2799	1880	52	application	application	NOUN
taxlaw-2799	1880	53	of	of	ADP
taxlaw-2799	1880	54	tax	tax	NOUN
taxlaw-2799	1880	55	rules	rule	NOUN
taxlaw-2799	1880	56	that	that	PRON
taxlaw-2799	1880	57	were	be	AUX
taxlaw-2799	1880	58	designed	design	VERB
taxlaw-2799	1880	59	primarily	primarily	ADV
taxlaw-2799	1880	60	to	to	PART
taxlaw-2799	1880	61	account	account	VERB
taxlaw-2799	1880	62	for	for	ADP
taxlaw-2799	1880	63	instruments	instrument	NOUN
taxlaw-2799	1880	64	that	that	PRON
taxlaw-2799	1880	65	qualify	qualify	VERB
taxlaw-2799	1880	66	as	as	ADP
taxlaw-2799	1880	67	debt	debt	NOUN
taxlaw-2799	1880	68	under	under	ADP
taxlaw-2799	1880	69	traditional	traditional	ADJ
taxlaw-2799	1880	70	tax	tax	NOUN
taxlaw-2799	1880	71	principles	principle	NOUN
taxlaw-2799	1880	72	.	.	PUNCT
taxlaw-2799	1880	73	”	"	PUNCT
taxlaw-2799	1881	1	similarly	similarly	ADV
taxlaw-2799	1881	2	,	,	PUNCT
taxlaw-2799	1881	3	the	the	DET
taxlaw-2799	1881	4	rules	rule	NOUN
taxlaw-2799	1881	5	for	for	ADP
taxlaw-2799	1881	6	contingent	contingent	ADJ
taxlaw-2799	1881	7	payment	payment	NOUN
taxlaw-2799	1881	8	debt	debt	NOUN
taxlaw-2799	1881	9	instruments	instrument	NOUN
taxlaw-2799	1881	10	reserve	reserve	VERB
taxlaw-2799	1881	11	on	on	ADP
taxlaw-2799	1881	12	the	the	DET
taxlaw-2799	1881	13	question	question	NOUN
taxlaw-2799	1881	14	of	of	ADP
taxlaw-2799	1881	15	how	how	SCONJ
taxlaw-2799	1881	16	to	to	PART
taxlaw-2799	1881	17	treat	treat	VERB
taxlaw-2799	1881	18	most	most	ADJ
taxlaw-2799	1881	19	timing	timing	NOUN
taxlaw-2799	1881	20	contingencies.153	contingencies.153	NOUN
taxlaw-2799	1881	21	in	in	ADP
taxlaw-2799	1881	22	short	short	ADJ
taxlaw-2799	1881	23	,	,	PUNCT
taxlaw-2799	1881	24	while	while	SCONJ
taxlaw-2799	1881	25	it	it	PRON
taxlaw-2799	1881	26	is	be	AUX
taxlaw-2799	1881	27	quite	quite	ADV
taxlaw-2799	1881	28	possible	possible	ADJ
taxlaw-2799	1881	29	to	to	PART
taxlaw-2799	1881	30	come	come	VERB
taxlaw-2799	1881	31	up	up	ADP
taxlaw-2799	1881	32	with	with	ADP
taxlaw-2799	1881	33	a	a	DET
taxlaw-2799	1881	34	scheme	scheme	NOUN
taxlaw-2799	1881	35	under	under	ADP
taxlaw-2799	1881	36	which	which	PRON
taxlaw-2799	1881	37	an	an	DET
taxlaw-2799	1881	38	upfront	upfront	ADJ
taxlaw-2799	1881	39	payment	payment	NOUN
taxlaw-2799	1881	40	is	be	AUX
taxlaw-2799	1881	41	reconverted	reconvert	VERB
taxlaw-2799	1881	42	back	back	ADV
taxlaw-2799	1881	43	into	into	ADP
taxlaw-2799	1881	44	an	an	DET
taxlaw-2799	1881	45	annuity	annuity	NOUN
taxlaw-2799	1881	46	of	of	ADP
taxlaw-2799	1881	47	some	some	DET
taxlaw-2799	1881	48	kind	kind	NOUN
taxlaw-2799	1881	49	,	,	PUNCT
taxlaw-2799	1881	50	and	and	CCONJ
taxlaw-2799	1881	51	to	to	PART
taxlaw-2799	1881	52	devise	devise	VERB
taxlaw-2799	1881	53	a	a	DET
taxlaw-2799	1881	54	method	method	NOUN
taxlaw-2799	1881	55	for	for	ADP
taxlaw-2799	1881	56	determining	determine	VERB
taxlaw-2799	1881	57	what	what	DET
taxlaw-2799	1881	58	portion	portion	NOUN
taxlaw-2799	1881	59	of	of	ADP
taxlaw-2799	1881	60	the	the	DET
taxlaw-2799	1881	61	annuity	annuity	NOUN
taxlaw-2799	1881	62	payments	payment	NOUN
taxlaw-2799	1881	63	constitute	constitute	VERB
taxlaw-2799	1881	64	principal	principal	NOUN
taxlaw-2799	1881	65	and	and	CCONJ
taxlaw-2799	1881	66	what	what	DET
taxlaw-2799	1881	67	portion	portion	NOUN
taxlaw-2799	1881	68	constitute	constitute	VERB
taxlaw-2799	1881	69	interest	interest	NOUN
taxlaw-2799	1881	70	,	,	PUNCT
taxlaw-2799	1881	71	there	there	PRON
taxlaw-2799	1881	72	are	be	VERB
taxlaw-2799	1881	73	at	at	ADP
taxlaw-2799	1881	74	present	present	ADJ
taxlaw-2799	1881	75	no	no	DET
taxlaw-2799	1881	76	rules	rule	NOUN
taxlaw-2799	1881	77	that	that	PRON
taxlaw-2799	1881	78	do	do	VERB
taxlaw-2799	1881	79	so	so	ADV
taxlaw-2799	1881	80	.	.	PUNCT
taxlaw-2799	1882	1	equally	equally	ADV
taxlaw-2799	1882	2	significantly	significantly	ADV
taxlaw-2799	1882	3	for	for	ADP
taxlaw-2799	1882	4	taxpayers	taxpayer	NOUN
taxlaw-2799	1882	5	that	that	PRON
taxlaw-2799	1882	6	might	might	AUX
taxlaw-2799	1882	7	hazard	hazard	VERB
taxlaw-2799	1882	8	the	the	DET
taxlaw-2799	1882	9	attempt	attempt	NOUN
taxlaw-2799	1882	10	,	,	PUNCT
taxlaw-2799	1882	11	there	there	PRON
taxlaw-2799	1882	12	are	be	VERB
taxlaw-2799	1882	13	no	no	DET
taxlaw-2799	1882	14	real	real	ADJ
taxlaw-2799	1882	15	analogies	analogy	NOUN
taxlaw-2799	1882	16	,	,	PUNCT
taxlaw-2799	1882	17	or	or	CCONJ
taxlaw-2799	1882	18	at	at	ADP
taxlaw-2799	1882	19	least	least	ADJ
taxlaw-2799	1882	20	none	none	NOUN
taxlaw-2799	1882	21	with	with	ADP
taxlaw-2799	1882	22	tax	tax	NOUN
taxlaw-2799	1882	23	treatment	treatment	NOUN
taxlaw-2799	1882	24	that	that	PRON
taxlaw-2799	1882	25	is	be	AUX
taxlaw-2799	1882	26	certain	certain	ADJ
taxlaw-2799	1882	27	,	,	PUNCT
taxlaw-2799	1882	28	to	to	PART
taxlaw-2799	1882	29	which	which	PRON
taxlaw-2799	1882	30	the	the	DET
taxlaw-2799	1882	31	taxpayer	taxpayer	NOUN
taxlaw-2799	1882	32	might	might	AUX
taxlaw-2799	1882	33	look	look	VERB
taxlaw-2799	1882	34	to	to	PART
taxlaw-2799	1882	35	take	take	VERB
taxlaw-2799	1882	36	comfort	comfort	NOUN
taxlaw-2799	1882	37	that	that	SCONJ
taxlaw-2799	1882	38	its	its	PRON
taxlaw-2799	1882	39	invented	invent	VERB
taxlaw-2799	1882	40	method	method	NOUN
taxlaw-2799	1882	41	clearly	clearly	ADV
taxlaw-2799	1882	42	reflects	reflect	VERB
taxlaw-2799	1882	43	income	income	NOUN
taxlaw-2799	1882	44	.	.	PUNCT
taxlaw-2799	1883	1	in	in	ADP
taxlaw-2799	1883	2	the	the	DET
taxlaw-2799	1883	3	absence	absence	NOUN
taxlaw-2799	1883	4	of	of	ADP
taxlaw-2799	1883	5	any	any	DET
taxlaw-2799	1883	6	guidance	guidance	NOUN
taxlaw-2799	1883	7	from	from	ADP
taxlaw-2799	1883	8	the	the	DET
taxlaw-2799	1883	9	government	government	NOUN
taxlaw-2799	1883	10	on	on	ADP
taxlaw-2799	1883	11	even	even	ADV
taxlaw-2799	1883	12	the	the	DET
taxlaw-2799	1883	13	most	most	ADV
taxlaw-2799	1883	14	basic	basic	ADJ
taxlaw-2799	1883	15	of	of	ADP
taxlaw-2799	1883	16	questions	question	NOUN
taxlaw-2799	1883	17	on	on	ADP
taxlaw-2799	1883	18	the	the	DET
taxlaw-2799	1883	19	taxation	taxation	NOUN
taxlaw-2799	1883	20	of	of	ADP
taxlaw-2799	1883	21	cds	cd	NOUN
taxlaw-2799	1883	22	,	,	PUNCT
taxlaw-2799	1883	23	and	and	CCONJ
taxlaw-2799	1883	24	acknowledging	acknowledge	VERB
taxlaw-2799	1883	25	that	that	SCONJ
taxlaw-2799	1883	26	these	these	DET
taxlaw-2799	1883	27	issues	issue	NOUN
taxlaw-2799	1883	28	are	be	AUX
taxlaw-2799	1883	29	not	not	PART
taxlaw-2799	1883	30	easy	easy	ADJ
taxlaw-2799	1883	31	ones	one	NOUN
taxlaw-2799	1883	32	to	to	PART
taxlaw-2799	1883	33	resolve	resolve	VERB
taxlaw-2799	1883	34	,	,	PUNCT
taxlaw-2799	1883	35	it	it	PRON
taxlaw-2799	1883	36	is	be	AUX
taxlaw-2799	1883	37	hard	hard	ADJ
taxlaw-2799	1883	38	to	to	PART
taxlaw-2799	1883	39	believe	believe	VERB
taxlaw-2799	1883	40	any	any	DET
taxlaw-2799	1883	41	court	court	NOUN
taxlaw-2799	1883	42	would	would	AUX
taxlaw-2799	1883	43	hold	hold	VERB
taxlaw-2799	1883	44	taxpayers	taxpayer	NOUN
taxlaw-2799	1883	45	accountable	accountable	ADJ
taxlaw-2799	1883	46	for	for	ADP
taxlaw-2799	1883	47	not	not	PART
taxlaw-2799	1883	48	divining	divine	VERB
taxlaw-2799	1883	49	what	what	PRON
taxlaw-2799	1883	50	those	those	DET
taxlaw-2799	1883	51	rules	rule	NOUN
taxlaw-2799	1883	52	should	should	AUX
taxlaw-2799	1883	53	be	be	AUX
taxlaw-2799	1883	54	,	,	PUNCT
taxlaw-2799	1883	55	in	in	ADP
taxlaw-2799	1883	56	the	the	DET
taxlaw-2799	1883	57	absence	absence	NOUN
taxlaw-2799	1883	58	of	of	ADP
taxlaw-2799	1883	59	some	some	DET
taxlaw-2799	1883	60	obviously	obviously	ADV
taxlaw-2799	1883	61	abusive	abusive	ADJ
taxlaw-2799	1883	62	transaction	transaction	NOUN
taxlaw-2799	1883	63	.	.	PUNCT
taxlaw-2799	1884	1	that	that	PRON
taxlaw-2799	1884	2	is	be	AUX
taxlaw-2799	1884	3	not	not	PART
taxlaw-2799	1884	4	to	to	PART
taxlaw-2799	1884	5	say	say	VERB
taxlaw-2799	1884	6	that	that	SCONJ
taxlaw-2799	1884	7	the	the	DET
taxlaw-2799	1884	8	government	government	NOUN
taxlaw-2799	1884	9	is	be	AUX
taxlaw-2799	1884	10	without	without	ADP
taxlaw-2799	1884	11	power	power	NOUN
taxlaw-2799	1884	12	to	to	PART
taxlaw-2799	1884	13	write	write	VERB
taxlaw-2799	1884	14	rules	rule	NOUN
taxlaw-2799	1884	15	requiring	require	VERB
taxlaw-2799	1884	16	any	any	DET
taxlaw-2799	1884	17	one	one	NUM
taxlaw-2799	1884	18	of	of	ADP
taxlaw-2799	1884	19	the	the	DET
taxlaw-2799	1884	20	alternatives	alternative	NOUN
taxlaw-2799	1884	21	discussed	discuss	VERB
taxlaw-2799	1884	22	above	above	ADV
taxlaw-2799	1884	23	,	,	PUNCT
taxlaw-2799	1884	24	or	or	CCONJ
taxlaw-2799	1884	25	perhaps	perhaps	ADV
taxlaw-2799	1884	26	another	another	DET
taxlaw-2799	1884	27	one	one	NUM
taxlaw-2799	1884	28	.	.	PUNCT
taxlaw-2799	1885	1	such	such	ADJ
taxlaw-2799	1885	2	rules	rule	NOUN
taxlaw-2799	1885	3	presumably	presumably	ADV
taxlaw-2799	1885	4	would	would	AUX
taxlaw-2799	1885	5	be	be	AUX
taxlaw-2799	1885	6	issued	issue	VERB
taxlaw-2799	1885	7	over	over	ADP
taxlaw-2799	1885	8	the	the	DET
taxlaw-2799	1885	9	usual	usual	ADJ
taxlaw-2799	1885	10	measured	measured	ADJ
taxlaw-2799	1885	11	timeframe	timeframe	NOUN
taxlaw-2799	1885	12	,	,	PUNCT
taxlaw-2799	1885	13	first	first	ADV
taxlaw-2799	1885	14	in	in	ADP
taxlaw-2799	1885	15	proposed	propose	VERB
taxlaw-2799	1885	16	form	form	NOUN
taxlaw-2799	1885	17	and	and	CCONJ
taxlaw-2799	1885	18	then	then	ADV
taxlaw-2799	1885	19	in	in	ADP
taxlaw-2799	1885	20	final	final	ADJ
taxlaw-2799	1885	21	form	form	NOUN
taxlaw-2799	1885	22	with	with	ADP
taxlaw-2799	1885	23	a	a	DET
taxlaw-2799	1885	24	delayed	delay	VERB
taxlaw-2799	1885	25	effective	effective	ADJ
taxlaw-2799	1885	26	date	date	NOUN
taxlaw-2799	1885	27	to	to	PART
taxlaw-2799	1885	28	allow	allow	VERB
taxlaw-2799	1885	29	taxpayers	taxpayer	NOUN
taxlaw-2799	1885	30	to	to	PART
taxlaw-2799	1885	31	modify	modify	VERB
taxlaw-2799	1885	32	their	their	PRON
taxlaw-2799	1885	33	computer	computer	NOUN
taxlaw-2799	1885	34	systems	system	NOUN
taxlaw-2799	1885	35	and	and	CCONJ
taxlaw-2799	1885	36	get	get	VERB
taxlaw-2799	1885	37	their	their	PRON
taxlaw-2799	1885	38	paperwork	paperwork	NOUN
taxlaw-2799	1885	39	in	in	ADP
taxlaw-2799	1885	40	order	order	NOUN
taxlaw-2799	1885	41	.	.	PUNCT
taxlaw-2799	1886	1	that	that	PRON
taxlaw-2799	1886	2	is	be	AUX
taxlaw-2799	1886	3	very	very	ADV
taxlaw-2799	1886	4	different	different	ADJ
taxlaw-2799	1886	5	,	,	PUNCT
taxlaw-2799	1886	6	however	however	ADV
taxlaw-2799	1886	7	,	,	PUNCT
taxlaw-2799	1886	8	from	from	ADP
taxlaw-2799	1886	9	the	the	DET
taxlaw-2799	1886	10	question	question	NOUN
taxlaw-2799	1886	11	of	of	ADP
taxlaw-2799	1886	12	whether	whether	SCONJ
taxlaw-2799	1886	13	current	current	ADJ
taxlaw-2799	1886	14	law	law	NOUN
taxlaw-2799	1886	15	requires	require	VERB
taxlaw-2799	1886	16	such	such	DET
taxlaw-2799	1886	17	an	an	DET
taxlaw-2799	1886	18	approach	approach	NOUN
taxlaw-2799	1886	19	.	.	PUNCT
taxlaw-2799	1887	1	3	3	X
taxlaw-2799	1887	2	.	.	X
taxlaw-2799	1887	3	what	what	PRON
taxlaw-2799	1887	4	about	about	ADP
taxlaw-2799	1887	5	the	the	DET
taxlaw-2799	1887	6	proposed	propose	VERB
taxlaw-2799	1887	7	swap	swap	NOUN
taxlaw-2799	1887	8	regulations	regulation	NOUN
taxlaw-2799	1887	9	?	?	PUNCT
taxlaw-2799	1888	1	an	an	DET
taxlaw-2799	1888	2	article	article	NOUN
taxlaw-2799	1888	3	published	publish	VERB
taxlaw-2799	1888	4	earlier	early	ADV
taxlaw-2799	1888	5	this	this	DET
taxlaw-2799	1888	6	year	year	NOUN
taxlaw-2799	1888	7	has	have	AUX
taxlaw-2799	1888	8	pointed	point	VERB
taxlaw-2799	1888	9	out	out	ADP
taxlaw-2799	1888	10	another	another	DET
taxlaw-2799	1888	11	uncertainty	uncertainty	NOUN
taxlaw-2799	1888	12	about	about	ADP
taxlaw-2799	1888	13	how	how	SCONJ
taxlaw-2799	1888	14	to	to	PART
taxlaw-2799	1888	15	treat	treat	VERB
taxlaw-2799	1888	16	an	an	DET
taxlaw-2799	1888	17	upfront	upfront	ADJ
taxlaw-2799	1888	18	payment	payment	NOUN
taxlaw-2799	1888	19	on	on	ADP
taxlaw-2799	1888	20	a	a	DET
taxlaw-2799	1888	21	cds	cd	NOUN
taxlaw-2799	1888	22	,	,	PUNCT
taxlaw-2799	1888	23	having	have	VERB
taxlaw-2799	1888	24	to	to	PART
taxlaw-2799	1888	25	do	do	VERB
taxlaw-2799	1888	26	with	with	ADP
taxlaw-2799	1888	27	the	the	DET
taxlaw-2799	1888	28	possible	possible	ADJ
taxlaw-2799	1888	29	application	application	NOUN
taxlaw-2799	1888	30	of	of	ADP
taxlaw-2799	1888	31	the	the	DET
taxlaw-2799	1888	32	proposed	propose	VERB
taxlaw-2799	1888	33	regulations	regulation	NOUN
taxlaw-2799	1888	34	dealing	deal	VERB
taxlaw-2799	1888	35	with	with	ADP
taxlaw-2799	1888	36	swaps	swap	NOUN
taxlaw-2799	1888	37	with	with	ADP
taxlaw-2799	1888	38	contingent	contingent	ADJ
taxlaw-2799	1888	39	nonperiodic	nonperiodic	ADJ
taxlaw-2799	1888	40	payments	payment	NOUN
taxlaw-2799	1888	41	that	that	PRON
taxlaw-2799	1888	42	are	be	AUX
taxlaw-2799	1888	43	described	describe	VERB
taxlaw-2799	1888	44	above	above	ADP
taxlaw-2799	1888	45	in	in	ADP
taxlaw-2799	1888	46	section	section	NOUN
taxlaw-2799	1888	47	i.b.1.154	i.b.1.154	VERB
taxlaw-2799	1888	48	as	as	SCONJ
taxlaw-2799	1888	49	the	the	DET
taxlaw-2799	1888	50	article	article	NOUN
taxlaw-2799	1888	51	explains	explain	VERB
taxlaw-2799	1888	52	in	in	ADP
taxlaw-2799	1888	53	some	some	DET
taxlaw-2799	1888	54	detail	detail	NOUN
taxlaw-2799	1888	55	,	,	PUNCT
taxlaw-2799	1888	56	if	if	SCONJ
taxlaw-2799	1888	57	cds	cd	NOUN
taxlaw-2799	1888	58	are	be	AUX
taxlaw-2799	1888	59	subject	subject	ADJ
taxlaw-2799	1888	60	to	to	ADP
taxlaw-2799	1888	61	those	those	DET
taxlaw-2799	1888	62	rules	rule	NOUN
taxlaw-2799	1888	63	,	,	PUNCT
taxlaw-2799	1888	64	and	and	CCONJ
taxlaw-2799	1888	65	if	if	SCONJ
taxlaw-2799	1888	66	the	the	DET
taxlaw-2799	1888	67	effect	effect	NOUN
taxlaw-2799	1888	68	of	of	ADP
taxlaw-2799	1888	69	such	such	ADJ
taxlaw-2799	1888	70	treatment	treatment	NOUN
taxlaw-2799	1888	71	were	be	AUX
taxlaw-2799	1888	72	to	to	PART
taxlaw-2799	1888	73	require	require	VERB
taxlaw-2799	1888	74	the	the	DET
taxlaw-2799	1888	75	protection	protection	NOUN
taxlaw-2799	1888	76	seller	seller	NOUN
taxlaw-2799	1888	77	to	to	PART
taxlaw-2799	1888	78	impute	impute	VERB
taxlaw-2799	1888	79	an	an	DET
taxlaw-2799	1888	80	151	151	NUM
taxlaw-2799	1888	81	i.r.c	i.r.c	NOUN
taxlaw-2799	1888	82	.	.	PUNCT
taxlaw-2799	1889	1	§	§	PROPN
taxlaw-2799	1889	2	860b(a	860b(a	NUM
taxlaw-2799	1889	3	)	)	PUNCT
taxlaw-2799	1889	4	(	(	PUNCT
taxlaw-2799	1889	5	2010	2010	NUM
taxlaw-2799	1889	6	)	)	PUNCT
taxlaw-2799	1889	7	(	(	PUNCT
taxlaw-2799	1889	8	remic	remic	ADJ
taxlaw-2799	1889	9	regular	regular	ADJ
taxlaw-2799	1889	10	interest	interest	NOUN
taxlaw-2799	1889	11	taxed	tax	VERB
taxlaw-2799	1889	12	as	as	ADP
taxlaw-2799	1889	13	debt	debt	NOUN
taxlaw-2799	1889	14	)	)	PUNCT
taxlaw-2799	1889	15	;	;	PUNCT
taxlaw-2799	1889	16	i.r.c.§	i.r.c.§	NOUN
taxlaw-2799	1889	17	860g(a)(1)(b)(ii	860g(a)(1)(b)(ii	NUM
taxlaw-2799	1889	18	)	)	PUNCT
taxlaw-2799	1889	19	(	(	PUNCT
taxlaw-2799	1889	20	2010	2010	NUM
taxlaw-2799	1889	21	)	)	PUNCT
taxlaw-2799	1889	22	(	(	PUNCT
taxlaw-2799	1889	23	providing	provide	VERB
taxlaw-2799	1889	24	authority	authority	NOUN
taxlaw-2799	1889	25	to	to	PART
taxlaw-2799	1889	26	treat	treat	VERB
taxlaw-2799	1889	27	ios	io	NOUN
taxlaw-2799	1889	28	as	as	ADP
taxlaw-2799	1889	29	remic	remic	ADJ
taxlaw-2799	1889	30	regular	regular	ADJ
taxlaw-2799	1889	31	interests	interest	NOUN
taxlaw-2799	1889	32	)	)	PUNCT
taxlaw-2799	1889	33	.	.	PUNCT
taxlaw-2799	1890	1	152	152	NUM
taxlaw-2799	1890	2	i.r.s	i.r.	NOUN
taxlaw-2799	1890	3	.	.	PUNCT
taxlaw-2799	1890	4	announcement	announcement	PROPN
taxlaw-2799	1890	5	2004	2004	NUM
taxlaw-2799	1890	6	-	-	SYM
taxlaw-2799	1890	7	75	75	NUM
taxlaw-2799	1890	8	,	,	PUNCT
taxlaw-2799	1890	9	2004	2004	NUM
taxlaw-2799	1890	10	-	-	SYM
taxlaw-2799	1890	11	2	2	NUM
taxlaw-2799	1890	12	c.b	c.b	PROPN
taxlaw-2799	1890	13	.	.	PROPN
taxlaw-2799	1890	14	580	580	NUM
taxlaw-2799	1890	15	.	.	PUNCT
taxlaw-2799	1891	1	153	153	NUM
taxlaw-2799	1891	2	treas	trea	NOUN
taxlaw-2799	1891	3	.	.	PUNCT
taxlaw-2799	1892	1	reg	reg	PROPN
taxlaw-2799	1892	2	.	.	PUNCT
taxlaw-2799	1893	1	§	§	PROPN
taxlaw-2799	1893	2	1.1275	1.1275	NUM
taxlaw-2799	1893	3	-	-	SYM
taxlaw-2799	1893	4	4(b)(9)(iii	4(b)(9)(iii	NUM
taxlaw-2799	1893	5	)	)	PUNCT
taxlaw-2799	1893	6	(	(	PUNCT
taxlaw-2799	1893	7	2004	2004	NUM
taxlaw-2799	1893	8	)	)	PUNCT
taxlaw-2799	1893	9	.	.	PUNCT
taxlaw-2799	1894	1	154	154	NUM
taxlaw-2799	1894	2	see	see	VERB
taxlaw-2799	1894	3	alan	alan	PROPN
taxlaw-2799	1894	4	b.	b.	PROPN
taxlaw-2799	1894	5	munro	munro	PROPN
taxlaw-2799	1894	6	,	,	PUNCT
taxlaw-2799	1894	7	revisiting	revisit	VERB
taxlaw-2799	1894	8	tax	tax	NOUN
taxlaw-2799	1894	9	considerations	consideration	NOUN
taxlaw-2799	1894	10	regarding	regard	VERB
taxlaw-2799	1894	11	credit	credit	NOUN
taxlaw-2799	1894	12	default	default	NOUN
taxlaw-2799	1894	13	swaps	swap	NOUN
taxlaw-2799	1894	14	,	,	PUNCT
taxlaw-2799	1894	15	1	1	NUM
taxlaw-2799	1894	16	derivatives	derivative	NOUN
taxlaw-2799	1894	17	&	&	CCONJ
taxlaw-2799	1894	18	fin	fin	NOUN
taxlaw-2799	1894	19	.	.	PUNCT
taxlaw-2799	1895	1	instruments	instrument	NOUN
taxlaw-2799	1895	2	,	,	PUNCT
taxlaw-2799	1895	3	jan.-feb	jan.-feb	PROPN
taxlaw-2799	1895	4	.	.	PROPN
taxlaw-2799	1895	5	2010	2010	NUM
taxlaw-2799	1895	6	,	,	PUNCT
taxlaw-2799	1895	7	at	at	ADP
taxlaw-2799	1895	8	9	9	NUM
taxlaw-2799	1895	9	.	.	SYM
taxlaw-2799	1895	10	94	94	NUM
taxlaw-2799	1895	11	columbia	columbia	PROPN
taxlaw-2799	1895	12	jour	jour	PROPN
taxlaw-2799	1895	13	al	al	PROPN
taxlaw-2799	1895	14	of	of	ADP
taxlaw-2799	1895	15	tax	tax	NOUN
taxlaw-2799	1895	16	law	law	NOUN
taxlaw-2799	1895	17	[	[	X
taxlaw-2799	1895	18	vol	vol	NOUN
taxlaw-2799	1895	19	.	.	NOUN
taxlaw-2799	1895	20	2:1	2:1	NUM
taxlaw-2799	1895	21	expense	expense	NOUN
taxlaw-2799	1895	22	as	as	ADP
taxlaw-2799	1895	23	a	a	DET
taxlaw-2799	1895	24	result	result	NOUN
taxlaw-2799	1895	25	of	of	ADP
taxlaw-2799	1895	26	the	the	DET
taxlaw-2799	1895	27	possibility	possibility	NOUN
taxlaw-2799	1895	28	that	that	SCONJ
taxlaw-2799	1895	29	the	the	DET
taxlaw-2799	1895	30	protection	protection	NOUN
taxlaw-2799	1895	31	seller	seller	NOUN
taxlaw-2799	1895	32	would	would	AUX
taxlaw-2799	1895	33	have	have	AUX
taxlaw-2799	1895	34	to	to	PART
taxlaw-2799	1895	35	make	make	VERB
taxlaw-2799	1895	36	a	a	DET
taxlaw-2799	1895	37	settlement	settlement	NOUN
taxlaw-2799	1895	38	payment	payment	NOUN
taxlaw-2799	1895	39	at	at	ADP
taxlaw-2799	1895	40	some	some	DET
taxlaw-2799	1895	41	point	point	NOUN
taxlaw-2799	1895	42	in	in	ADP
taxlaw-2799	1895	43	the	the	DET
taxlaw-2799	1895	44	future	future	NOUN
taxlaw-2799	1895	45	,	,	PUNCT
taxlaw-2799	1895	46	the	the	DET
taxlaw-2799	1895	47	amount	amount	NOUN
taxlaw-2799	1895	48	of	of	ADP
taxlaw-2799	1895	49	the	the	DET
taxlaw-2799	1895	50	upfront	upfront	ADJ
taxlaw-2799	1895	51	payment	payment	NOUN
taxlaw-2799	1895	52	for	for	ADP
taxlaw-2799	1895	53	tax	tax	NOUN
taxlaw-2799	1895	54	purposes	purpose	NOUN
taxlaw-2799	1895	55	might	might	AUX
taxlaw-2799	1895	56	differ	differ	VERB
taxlaw-2799	1895	57	from	from	ADP
taxlaw-2799	1895	58	the	the	DET
taxlaw-2799	1895	59	cash	cash	NOUN
taxlaw-2799	1895	60	amount	amount	NOUN
taxlaw-2799	1895	61	.	.	PUNCT
taxlaw-2799	1896	1	returning	return	VERB
taxlaw-2799	1896	2	to	to	ADP
taxlaw-2799	1896	3	the	the	DET
taxlaw-2799	1896	4	example	example	NOUN
taxlaw-2799	1896	5	of	of	ADP
taxlaw-2799	1896	6	a	a	DET
taxlaw-2799	1896	7	cds	cd	NOUN
taxlaw-2799	1896	8	in	in	ADP
taxlaw-2799	1896	9	which	which	PRON
taxlaw-2799	1896	10	party	party	NOUN
taxlaw-2799	1896	11	b	b	PROPN
taxlaw-2799	1896	12	as	as	SCONJ
taxlaw-2799	1896	13	protection	protection	NOUN
taxlaw-2799	1896	14	seller	seller	NOUN
taxlaw-2799	1896	15	receives	receive	VERB
taxlaw-2799	1896	16	an	an	DET
taxlaw-2799	1896	17	upfront	upfront	ADJ
taxlaw-2799	1896	18	payment	payment	NOUN
taxlaw-2799	1896	19	of	of	ADP
taxlaw-2799	1896	20	$	$	SYM
taxlaw-2799	1896	21	335,000	335,000	NUM
taxlaw-2799	1896	22	,	,	PUNCT
taxlaw-2799	1896	23	if	if	SCONJ
taxlaw-2799	1896	24	these	these	DET
taxlaw-2799	1896	25	rules	rule	NOUN
taxlaw-2799	1896	26	applied	apply	VERB
taxlaw-2799	1896	27	,	,	PUNCT
taxlaw-2799	1896	28	party	party	PROPN
taxlaw-2799	1896	29	b	b	PROPN
taxlaw-2799	1896	30	would	would	AUX
taxlaw-2799	1896	31	be	be	AUX
taxlaw-2799	1896	32	required	require	VERB
taxlaw-2799	1896	33	to	to	PART
taxlaw-2799	1896	34	accrue	accrue	VERB
taxlaw-2799	1896	35	some	some	DET
taxlaw-2799	1896	36	expense	expense	NOUN
taxlaw-2799	1896	37	in	in	ADP
taxlaw-2799	1896	38	respect	respect	NOUN
taxlaw-2799	1896	39	to	to	ADP
taxlaw-2799	1896	40	the	the	DET
taxlaw-2799	1896	41	contingent	contingent	ADJ
taxlaw-2799	1896	42	future	future	ADJ
taxlaw-2799	1896	43	settlement	settlement	NOUN
taxlaw-2799	1896	44	payment	payment	NOUN
taxlaw-2799	1896	45	.	.	PUNCT
taxlaw-2799	1897	1	depending	depend	VERB
taxlaw-2799	1897	2	on	on	ADP
taxlaw-2799	1897	3	how	how	SCONJ
taxlaw-2799	1897	4	that	that	DET
taxlaw-2799	1897	5	expense	expense	NOUN
taxlaw-2799	1897	6	is	be	AUX
taxlaw-2799	1897	7	allocated	allocate	VERB
taxlaw-2799	1897	8	,	,	PUNCT
taxlaw-2799	1897	9	either	either	CCONJ
taxlaw-2799	1897	10	the	the	DET
taxlaw-2799	1897	11	upfront	upfront	ADJ
taxlaw-2799	1897	12	payment	payment	NOUN
taxlaw-2799	1897	13	might	might	AUX
taxlaw-2799	1897	14	be	be	AUX
taxlaw-2799	1897	15	treated	treat	VERB
taxlaw-2799	1897	16	as	as	ADP
taxlaw-2799	1897	17	less	less	ADJ
taxlaw-2799	1897	18	than	than	ADP
taxlaw-2799	1897	19	$	$	SYM
taxlaw-2799	1897	20	335,000	335,000	NUM
taxlaw-2799	1897	21	or	or	CCONJ
taxlaw-2799	1897	22	the	the	DET
taxlaw-2799	1897	23	deemed	deemed	ADJ
taxlaw-2799	1897	24	at	at	ADP
taxlaw-2799	1897	25	-	-	PUNCT
taxlaw-2799	1897	26	market	market	NOUN
taxlaw-2799	1897	27	swap	swap	NOUN
taxlaw-2799	1897	28	might	might	AUX
taxlaw-2799	1897	29	be	be	AUX
taxlaw-2799	1897	30	treated	treat	VERB
taxlaw-2799	1897	31	as	as	ADP
taxlaw-2799	1897	32	paying	pay	VERB
taxlaw-2799	1897	33	less	less	ADJ
taxlaw-2799	1897	34	to	to	ADP
taxlaw-2799	1897	35	party	party	PROPN
taxlaw-2799	1897	36	b	b	PROPN
taxlaw-2799	1897	37	than	than	SCONJ
taxlaw-2799	1897	38	would	would	AUX
taxlaw-2799	1897	39	otherwise	otherwise	ADV
taxlaw-2799	1897	40	be	be	AUX
taxlaw-2799	1897	41	the	the	DET
taxlaw-2799	1897	42	case	case	NOUN
taxlaw-2799	1897	43	.	.	PUNCT
taxlaw-2799	1898	1	either	either	PRON
taxlaw-2799	1898	2	of	of	ADP
taxlaw-2799	1898	3	these	these	PRON
taxlaw-2799	1898	4	would	would	AUX
taxlaw-2799	1898	5	complicate	complicate	VERB
taxlaw-2799	1898	6	the	the	DET
taxlaw-2799	1898	7	effort	effort	NOUN
taxlaw-2799	1898	8	to	to	PART
taxlaw-2799	1898	9	determine	determine	VERB
taxlaw-2799	1898	10	how	how	SCONJ
taxlaw-2799	1898	11	to	to	PART
taxlaw-2799	1898	12	reconvert	reconvert	VERB
taxlaw-2799	1898	13	the	the	DET
taxlaw-2799	1898	14	upfront	upfront	ADJ
taxlaw-2799	1898	15	payment	payment	NOUN
taxlaw-2799	1898	16	into	into	ADP
taxlaw-2799	1898	17	an	an	DET
taxlaw-2799	1898	18	annuity	annuity	NOUN
taxlaw-2799	1898	19	.	.	PUNCT
taxlaw-2799	1899	1	note	note	VERB
taxlaw-2799	1899	2	further	far	ADV
taxlaw-2799	1899	3	that	that	SCONJ
taxlaw-2799	1899	4	the	the	DET
taxlaw-2799	1899	5	proposed	propose	VERB
taxlaw-2799	1899	6	regulations	regulation	NOUN
taxlaw-2799	1899	7	would	would	AUX
taxlaw-2799	1899	8	apply	apply	VERB
taxlaw-2799	1899	9	only	only	ADV
taxlaw-2799	1899	10	if	if	SCONJ
taxlaw-2799	1899	11	a	a	DET
taxlaw-2799	1899	12	cash	cash	NOUN
taxlaw-2799	1899	13	settlement	settlement	NOUN
taxlaw-2799	1899	14	payment	payment	NOUN
taxlaw-2799	1899	15	were	be	AUX
taxlaw-2799	1899	16	treated	treat	VERB
taxlaw-2799	1899	17	as	as	ADP
taxlaw-2799	1899	18	a	a	DET
taxlaw-2799	1899	19	nonperiodic	nonperiodic	ADJ
taxlaw-2799	1899	20	payment	payment	NOUN
taxlaw-2799	1899	21	and	and	CCONJ
taxlaw-2799	1899	22	not	not	PART
taxlaw-2799	1899	23	a	a	DET
taxlaw-2799	1899	24	termination	termination	NOUN
taxlaw-2799	1899	25	payment	payment	NOUN
taxlaw-2799	1899	26	,	,	PUNCT
taxlaw-2799	1899	27	which	which	PRON
taxlaw-2799	1899	28	is	be	AUX
taxlaw-2799	1899	29	not	not	PART
taxlaw-2799	1899	30	clear	clear	ADJ
taxlaw-2799	1899	31	.	.	PUNCT
taxlaw-2799	1900	1	a	a	DET
taxlaw-2799	1900	2	termination	termination	NOUN
taxlaw-2799	1900	3	payment	payment	NOUN
taxlaw-2799	1900	4	is	be	AUX
taxlaw-2799	1900	5	defined	define	VERB
taxlaw-2799	1900	6	generally	generally	ADV
taxlaw-2799	1900	7	as	as	ADP
taxlaw-2799	1900	8	a	a	DET
taxlaw-2799	1900	9	payment	payment	NOUN
taxlaw-2799	1900	10	to	to	PART
taxlaw-2799	1900	11	assign	assign	VERB
taxlaw-2799	1900	12	or	or	CCONJ
taxlaw-2799	1900	13	extinguish	extinguish	VERB
taxlaw-2799	1900	14	an	an	DET
taxlaw-2799	1900	15	npc	npc	NOUN
taxlaw-2799	1900	16	.	.	PUNCT
taxlaw-2799	1901	1	proposed	propose	VERB
taxlaw-2799	1901	2	regulations	regulation	NOUN
taxlaw-2799	1901	3	make	make	VERB
taxlaw-2799	1901	4	clear	clear	ADJ
taxlaw-2799	1901	5	(	(	PUNCT
taxlaw-2799	1901	6	sensibly	sensibly	ADV
taxlaw-2799	1901	7	)	)	PUNCT
taxlaw-2799	1901	8	,	,	PUNCT
taxlaw-2799	1901	9	however	however	ADV
taxlaw-2799	1901	10	,	,	PUNCT
taxlaw-2799	1901	11	that	that	SCONJ
taxlaw-2799	1901	12	a	a	DET
taxlaw-2799	1901	13	periodic	periodic	ADJ
taxlaw-2799	1901	14	payment	payment	NOUN
taxlaw-2799	1901	15	that	that	PRON
taxlaw-2799	1901	16	happens	happen	VERB
taxlaw-2799	1901	17	to	to	PART
taxlaw-2799	1901	18	be	be	AUX
taxlaw-2799	1901	19	paid	pay	VERB
taxlaw-2799	1901	20	at	at	ADP
taxlaw-2799	1901	21	the	the	DET
taxlaw-2799	1901	22	maturity	maturity	NOUN
taxlaw-2799	1901	23	of	of	ADP
taxlaw-2799	1901	24	an	an	DET
taxlaw-2799	1901	25	npc	npc	NOUN
taxlaw-2799	1901	26	is	be	AUX
taxlaw-2799	1901	27	not	not	PART
taxlaw-2799	1901	28	a	a	DET
taxlaw-2799	1901	29	termination	termination	NOUN
taxlaw-2799	1901	30	payment.155	payment.155	ADP
taxlaw-2799	1901	31	it	it	PRON
taxlaw-2799	1901	32	is	be	AUX
taxlaw-2799	1901	33	also	also	ADV
taxlaw-2799	1901	34	evident	evident	ADJ
taxlaw-2799	1901	35	from	from	ADP
taxlaw-2799	1901	36	the	the	DET
taxlaw-2799	1901	37	proposed	propose	VERB
taxlaw-2799	1901	38	regulations	regulation	NOUN
taxlaw-2799	1901	39	that	that	PRON
taxlaw-2799	1901	40	a	a	DET
taxlaw-2799	1901	41	contingent	contingent	ADJ
taxlaw-2799	1901	42	nonperiodic	nonperiodic	ADJ
taxlaw-2799	1901	43	payment	payment	NOUN
taxlaw-2799	1901	44	made	make	VERB
taxlaw-2799	1901	45	at	at	ADP
taxlaw-2799	1901	46	the	the	DET
taxlaw-2799	1901	47	maturity	maturity	NOUN
taxlaw-2799	1901	48	of	of	ADP
taxlaw-2799	1901	49	an	an	DET
taxlaw-2799	1901	50	npc	npc	NOUN
taxlaw-2799	1901	51	such	such	ADJ
taxlaw-2799	1901	52	as	as	ADP
taxlaw-2799	1901	53	an	an	DET
taxlaw-2799	1901	54	equity	equity	NOUN
taxlaw-2799	1901	55	swap	swap	NOUN
taxlaw-2799	1901	56	is	be	AUX
taxlaw-2799	1901	57	not	not	PART
taxlaw-2799	1901	58	treated	treat	VERB
taxlaw-2799	1901	59	as	as	ADP
taxlaw-2799	1901	60	a	a	DET
taxlaw-2799	1901	61	termination	termination	NOUN
taxlaw-2799	1901	62	payment	payment	NOUN
taxlaw-2799	1901	63	.	.	PUNCT
taxlaw-2799	1902	1	a	a	DET
taxlaw-2799	1902	2	termination	termination	NOUN
taxlaw-2799	1902	3	payment	payment	NOUN
taxlaw-2799	1902	4	is	be	AUX
taxlaw-2799	1902	5	not	not	PART
taxlaw-2799	1902	6	,	,	PUNCT
taxlaw-2799	1902	7	therefore	therefore	ADV
taxlaw-2799	1902	8	,	,	PUNCT
taxlaw-2799	1902	9	just	just	ADV
taxlaw-2799	1902	10	any	any	DET
taxlaw-2799	1902	11	payment	payment	NOUN
taxlaw-2799	1902	12	that	that	PRON
taxlaw-2799	1902	13	happens	happen	VERB
taxlaw-2799	1902	14	to	to	PART
taxlaw-2799	1902	15	be	be	AUX
taxlaw-2799	1902	16	made	make	VERB
taxlaw-2799	1902	17	at	at	ADP
taxlaw-2799	1902	18	the	the	DET
taxlaw-2799	1902	19	point	point	NOUN
taxlaw-2799	1902	20	when	when	SCONJ
taxlaw-2799	1902	21	the	the	DET
taxlaw-2799	1902	22	taxpayer	taxpayer	NOUN
taxlaw-2799	1902	23	happens	happen	VERB
taxlaw-2799	1902	24	to	to	PART
taxlaw-2799	1902	25	terminate	terminate	VERB
taxlaw-2799	1902	26	its	its	PRON
taxlaw-2799	1902	27	interest	interest	NOUN
taxlaw-2799	1902	28	in	in	ADP
taxlaw-2799	1902	29	an	an	DET
taxlaw-2799	1902	30	npc	npc	NOUN
taxlaw-2799	1902	31	.	.	PUNCT
taxlaw-2799	1903	1	rather	rather	ADV
taxlaw-2799	1903	2	,	,	PUNCT
taxlaw-2799	1903	3	the	the	DET
taxlaw-2799	1903	4	concept	concept	NOUN
taxlaw-2799	1903	5	seems	seem	VERB
taxlaw-2799	1903	6	to	to	PART
taxlaw-2799	1903	7	be	be	AUX
taxlaw-2799	1903	8	that	that	SCONJ
taxlaw-2799	1903	9	a	a	DET
taxlaw-2799	1903	10	termination	termination	NOUN
taxlaw-2799	1903	11	payment	payment	NOUN
taxlaw-2799	1903	12	is	be	AUX
taxlaw-2799	1903	13	an	an	DET
taxlaw-2799	1903	14	unscheduled	unscheduled	ADJ
taxlaw-2799	1903	15	payment	payment	NOUN
taxlaw-2799	1903	16	not	not	PART
taxlaw-2799	1903	17	provided	provide	VERB
taxlaw-2799	1903	18	for	for	ADP
taxlaw-2799	1903	19	in	in	ADP
taxlaw-2799	1903	20	the	the	DET
taxlaw-2799	1903	21	terms	term	NOUN
taxlaw-2799	1903	22	of	of	ADP
taxlaw-2799	1903	23	the	the	DET
taxlaw-2799	1903	24	npc	npc	NOUN
taxlaw-2799	1903	25	.	.	PUNCT
taxlaw-2799	1904	1	it	it	PRON
taxlaw-2799	1904	2	has	have	AUX
taxlaw-2799	1904	3	become	become	VERB
taxlaw-2799	1904	4	common	common	ADJ
taxlaw-2799	1904	5	,	,	PUNCT
taxlaw-2799	1904	6	however	however	ADV
taxlaw-2799	1904	7	,	,	PUNCT
taxlaw-2799	1904	8	for	for	SCONJ
taxlaw-2799	1904	9	equity	equity	NOUN
taxlaw-2799	1904	10	swaps	swap	NOUN
taxlaw-2799	1904	11	to	to	PART
taxlaw-2799	1904	12	provide	provide	VERB
taxlaw-2799	1904	13	express	express	ADJ
taxlaw-2799	1904	14	terms	term	NOUN
taxlaw-2799	1904	15	under	under	ADP
taxlaw-2799	1904	16	which	which	PRON
taxlaw-2799	1904	17	a	a	DET
taxlaw-2799	1904	18	counterparty	counterparty	NOUN
taxlaw-2799	1904	19	may	may	AUX
taxlaw-2799	1904	20	terminate	terminate	VERB
taxlaw-2799	1904	21	the	the	DET
taxlaw-2799	1904	22	swap	swap	NOUN
taxlaw-2799	1904	23	early	early	ADV
taxlaw-2799	1904	24	.	.	PUNCT
taxlaw-2799	1905	1	since	since	SCONJ
taxlaw-2799	1905	2	dealers	dealer	NOUN
taxlaw-2799	1905	3	typically	typically	ADV
taxlaw-2799	1905	4	permit	permit	VERB
taxlaw-2799	1905	5	their	their	PRON
taxlaw-2799	1905	6	customers	customer	NOUN
taxlaw-2799	1905	7	to	to	PART
taxlaw-2799	1905	8	terminate	terminate	VERB
taxlaw-2799	1905	9	swaps	swap	NOUN
taxlaw-2799	1905	10	early	early	ADV
taxlaw-2799	1905	11	in	in	ADP
taxlaw-2799	1905	12	any	any	DET
taxlaw-2799	1905	13	event	event	NOUN
taxlaw-2799	1905	14	,	,	PUNCT
taxlaw-2799	1905	15	the	the	DET
taxlaw-2799	1905	16	purpose	purpose	NOUN
taxlaw-2799	1905	17	of	of	ADP
taxlaw-2799	1905	18	this	this	DET
taxlaw-2799	1905	19	provision	provision	NOUN
taxlaw-2799	1905	20	is	be	AUX
taxlaw-2799	1905	21	primarily	primarily	ADV
taxlaw-2799	1905	22	to	to	PART
taxlaw-2799	1905	23	set	set	VERB
taxlaw-2799	1905	24	out	out	ADP
taxlaw-2799	1905	25	the	the	DET
taxlaw-2799	1905	26	terms	term	NOUN
taxlaw-2799	1905	27	under	under	ADP
taxlaw-2799	1905	28	which	which	PRON
taxlaw-2799	1905	29	the	the	DET
taxlaw-2799	1905	30	early	early	ADJ
taxlaw-2799	1905	31	termination	termination	NOUN
taxlaw-2799	1905	32	payment	payment	NOUN
taxlaw-2799	1905	33	will	will	AUX
taxlaw-2799	1905	34	be	be	AUX
taxlaw-2799	1905	35	calculated	calculate	VERB
taxlaw-2799	1905	36	.	.	PUNCT
taxlaw-2799	1906	1	market	market	NOUN
taxlaw-2799	1906	2	practice	practice	NOUN
taxlaw-2799	1906	3	is	be	AUX
taxlaw-2799	1906	4	to	to	PART
taxlaw-2799	1906	5	treat	treat	VERB
taxlaw-2799	1906	6	these	these	DET
taxlaw-2799	1906	7	payments	payment	NOUN
taxlaw-2799	1906	8	as	as	ADP
taxlaw-2799	1906	9	termination	termination	NOUN
taxlaw-2799	1906	10	payments	payment	NOUN
taxlaw-2799	1906	11	,	,	PUNCT
taxlaw-2799	1906	12	which	which	PRON
taxlaw-2799	1906	13	seems	seem	VERB
taxlaw-2799	1906	14	right	right	ADJ
taxlaw-2799	1906	15	.	.	PUNCT
taxlaw-2799	1907	1	coming	come	VERB
taxlaw-2799	1907	2	back	back	ADV
taxlaw-2799	1907	3	to	to	ADP
taxlaw-2799	1907	4	cds	cd	NOUN
taxlaw-2799	1907	5	,	,	PUNCT
taxlaw-2799	1907	6	then	then	ADV
taxlaw-2799	1907	7	,	,	PUNCT
taxlaw-2799	1907	8	how	how	SCONJ
taxlaw-2799	1907	9	should	should	AUX
taxlaw-2799	1907	10	one	one	PRON
taxlaw-2799	1907	11	treat	treat	VERB
taxlaw-2799	1907	12	an	an	DET
taxlaw-2799	1907	13	unscheduled	unscheduled	ADJ
taxlaw-2799	1907	14	settlement	settlement	NOUN
taxlaw-2799	1907	15	payment	payment	NOUN
taxlaw-2799	1907	16	that	that	PRON
taxlaw-2799	1907	17	is	be	AUX
taxlaw-2799	1907	18	provided	provide	VERB
taxlaw-2799	1907	19	for	for	ADP
taxlaw-2799	1907	20	in	in	ADP
taxlaw-2799	1907	21	the	the	DET
taxlaw-2799	1907	22	terms	term	NOUN
taxlaw-2799	1907	23	of	of	ADP
taxlaw-2799	1907	24	the	the	DET
taxlaw-2799	1907	25	cds	cd	NOUN
taxlaw-2799	1907	26	?	?	PUNCT
taxlaw-2799	1908	1	it	it	PRON
taxlaw-2799	1908	2	seems	seem	VERB
taxlaw-2799	1908	3	closer	close	ADV
taxlaw-2799	1908	4	to	to	ADP
taxlaw-2799	1908	5	a	a	DET
taxlaw-2799	1908	6	termination	termination	NOUN
taxlaw-2799	1908	7	payment	payment	NOUN
taxlaw-2799	1908	8	than	than	ADP
taxlaw-2799	1908	9	a	a	DET
taxlaw-2799	1908	10	nonperiodic	nonperiodic	ADJ
taxlaw-2799	1908	11	payment	payment	NOUN
taxlaw-2799	1908	12	,	,	PUNCT
taxlaw-2799	1908	13	but	but	CCONJ
taxlaw-2799	1908	14	the	the	DET
taxlaw-2799	1908	15	answer	answer	NOUN
taxlaw-2799	1908	16	is	be	AUX
taxlaw-2799	1908	17	not	not	PART
taxlaw-2799	1908	18	clear	clear	ADJ
taxlaw-2799	1908	19	.	.	PUNCT
taxlaw-2799	1909	1	155	155	NUM
taxlaw-2799	1909	2	prop	prop	NOUN
taxlaw-2799	1909	3	.	.	PUNCT
taxlaw-2799	1910	1	treas	treas	PROPN
taxlaw-2799	1910	2	.	.	PUNCT
taxlaw-2799	1911	1	reg	reg	PROPN
taxlaw-2799	1911	2	.	.	PUNCT
taxlaw-2799	1912	1	§	§	PROPN
taxlaw-2799	1912	2	1.1234a-1(b	1.1234a-1(b	NUM
taxlaw-2799	1912	3	)	)	PUNCT
taxlaw-2799	1912	4	,	,	PUNCT
taxlaw-2799	1912	5	69	69	NUM
taxlaw-2799	1912	6	fed	feed	VERB
taxlaw-2799	1912	7	.	.	PUNCT
taxlaw-2799	1913	1	reg	reg	PROPN
taxlaw-2799	1913	2	.	.	PROPN
taxlaw-2799	1913	3	8886	8886	NUM
taxlaw-2799	1913	4	,	,	PUNCT
taxlaw-2799	1913	5	8898	8898	NUM
taxlaw-2799	1913	6	(	(	PUNCT
taxlaw-2799	1913	7	feb	feb	PROPN
taxlaw-2799	1913	8	.	.	PROPN
taxlaw-2799	1913	9	26	26	NUM
taxlaw-2799	1913	10	,	,	PUNCT
taxlaw-2799	1913	11	2004	2004	NUM
taxlaw-2799	1913	12	)	)	PUNCT
taxlaw-2799	1913	13	.	.	PUNCT
taxlaw-2799	1914	1	2011	2011	NUM
taxlaw-2799	1914	2	]	]	PUNCT
taxlaw-2799	1914	3	ew	ew	AUX
taxlaw-2799	1914	4	tax	tax	NOUN
taxlaw-2799	1914	5	issues	issue	NOUN
taxlaw-2799	1914	6	arisi	arisi	VERB
taxlaw-2799	1914	7	g	g	PROPN
taxlaw-2799	1914	8	from	from	ADP
taxlaw-2799	1914	9	the	the	DET
taxlaw-2799	1914	10	dodd	dodd	NOUN
taxlaw-2799	1914	11	-	-	PUNCT
taxlaw-2799	1914	12	fra	fra	PROPN
taxlaw-2799	1914	13	k	k	PROPN
taxlaw-2799	1914	14	act	act	VERB
taxlaw-2799	1914	15	95	95	NUM
taxlaw-2799	1914	16	market	market	NOUN
taxlaw-2799	1914	17	rate	rate	NOUN
taxlaw-2799	1914	18	is	be	AUX
taxlaw-2799	1914	19	6	6	NUM
taxlaw-2799	1914	20	%	%	NOUN
taxlaw-2799	1914	21	vs	vs	ADP
taxlaw-2799	1914	22	libor	libor	PROPN
taxlaw-2799	1914	23	step	step	NOUN
taxlaw-2799	1914	24	1	1	NUM
taxlaw-2799	1914	25	negotiation	negotiation	NOUN
taxlaw-2799	1914	26	of	of	ADP
taxlaw-2799	1914	27	bilateral	bilateral	ADJ
taxlaw-2799	1914	28	otc	otc	PROPN
taxlaw-2799	1914	29	swap	swap	NOUN
taxlaw-2799	1914	30	on	on	ADP
taxlaw-2799	1914	31	$	$	SYM
taxlaw-2799	1914	32	100	100	NUM
taxlaw-2799	1914	33	m	m	NOUN
taxlaw-2799	1914	34	notional	notional	ADJ
taxlaw-2799	1914	35	principal	principal	ADJ
taxlaw-2799	1914	36	amount	amount	NOUN
taxlaw-2799	1914	37	clearing	clear	VERB
taxlaw-2799	1914	38	an	an	DET
taxlaw-2799	1914	39	at	at	ADP
taxlaw-2799	1914	40	-	-	PUNCT
taxlaw-2799	1914	41	market	market	NOUN
taxlaw-2799	1914	42	interest	interest	NOUN
taxlaw-2799	1914	43	rate	rate	NOUN
taxlaw-2799	1914	44	swap	swap	NOUN
taxlaw-2799	1914	45	pool	pool	NOUN
taxlaw-2799	1914	46	of	of	ADP
taxlaw-2799	1914	47	collateral	collateral	NOUN
taxlaw-2799	1914	48	&	&	CCONJ
taxlaw-2799	1914	49	guarantees	guarantee	VERB
taxlaw-2799	1914	50	a	a	DET
taxlaw-2799	1914	51	ch	ch	NOUN
taxlaw-2799	1914	52	dealer	dealer	NOUN
taxlaw-2799	1914	53	b	b	PROPN
taxlaw-2799	1914	54	step	step	NOUN
taxlaw-2799	1914	55	2	2	NUM
taxlaw-2799	1914	56	novation	novation	NOUN
taxlaw-2799	1914	57	to	to	PART
taxlaw-2799	1914	58	clearinghouse	clearinghouse	VERB
taxlaw-2799	1914	59	initial	initial	ADJ
taxlaw-2799	1914	60	margin	margin	NOUN
taxlaw-2799	1914	61	initial	initial	ADJ
taxlaw-2799	1914	62	margin	margin	NOUN
taxlaw-2799	1914	63	variation	variation	NOUN
taxlaw-2799	1914	64	margin	margin	NOUN
taxlaw-2799	1914	65	(	(	PUNCT
taxlaw-2799	1914	66	agree	agree	VERB
taxlaw-2799	1914	67	on	on	ADP
taxlaw-2799	1914	68	terms	term	NOUN
taxlaw-2799	1914	69	,	,	PUNCT
taxlaw-2799	1914	70	e.g.	e.g.	ADV
taxlaw-2799	1914	71	,	,	PUNCT
taxlaw-2799	1914	72	a	a	DET
taxlaw-2799	1914	73	pays	pay	NOUN
taxlaw-2799	1914	74	6	6	NUM
taxlaw-2799	1914	75	%	%	NOUN
taxlaw-2799	1914	76	,	,	PUNCT
taxlaw-2799	1914	77	b	b	PROPN
taxlaw-2799	1914	78	pays	pays	PROPN
taxlaw-2799	1914	79	libor	libor	PROPN
taxlaw-2799	1914	80	)	)	PUNCT
taxlaw-2799	1914	81	dealer	dealer	NOUN
taxlaw-2799	1914	82	ba	ba	PROPN
taxlaw-2799	1914	83	96	96	NUM
taxlaw-2799	1914	84	columbia	columbia	PROPN
taxlaw-2799	1914	85	jour	jour	PROPN
taxlaw-2799	1914	86	al	al	PROPN
taxlaw-2799	1914	87	of	of	ADP
taxlaw-2799	1914	88	tax	tax	NOUN
taxlaw-2799	1914	89	law	law	NOUN
taxlaw-2799	1914	90	[	[	X
taxlaw-2799	1914	91	vol	vol	NOUN
taxlaw-2799	1914	92	.	.	NOUN
taxlaw-2799	1914	93	2:1	2:1	NUM
taxlaw-2799	1914	94	market	market	NOUN
taxlaw-2799	1914	95	rate	rate	NOUN
taxlaw-2799	1914	96	is	be	AUX
taxlaw-2799	1914	97	6	6	NUM
taxlaw-2799	1914	98	%	%	NOUN
taxlaw-2799	1914	99	vs	vs	ADP
taxlaw-2799	1914	100	libor	libor	PROPN
taxlaw-2799	1914	101	step	step	NOUN
taxlaw-2799	1914	102	1	1	NUM
taxlaw-2799	1914	103	negotiation	negotiation	NOUN
taxlaw-2799	1914	104	of	of	ADP
taxlaw-2799	1914	105	bilateral	bilateral	ADJ
taxlaw-2799	1914	106	otc	otc	PROPN
taxlaw-2799	1914	107	swap	swap	NOUN
taxlaw-2799	1914	108	on	on	ADP
taxlaw-2799	1914	109	$	$	SYM
taxlaw-2799	1914	110	100	100	NUM
taxlaw-2799	1914	111	m	m	NOUN
taxlaw-2799	1914	112	notional	notional	ADJ
taxlaw-2799	1914	113	principal	principal	ADJ
taxlaw-2799	1914	114	amount	amount	NOUN
taxlaw-2799	1914	115	clearing	clear	VERB
taxlaw-2799	1914	116	an	an	DET
taxlaw-2799	1914	117	off	off	ADJ
taxlaw-2799	1914	118	-market	-market	NOUN
taxlaw-2799	1914	119	interest	interest	NOUN
taxlaw-2799	1914	120	rate	rate	NOUN
taxlaw-2799	1914	121	swap	swap	NOUN
taxlaw-2799	1914	122	step	step	NOUN
taxlaw-2799	1914	123	2	2	NUM
taxlaw-2799	1914	124	novation	novation	NOUN
taxlaw-2799	1914	125	to	to	PART
taxlaw-2799	1914	126	clearinghouse	clearinghouse	VERB
taxlaw-2799	1914	127	a	a	DET
taxlaw-2799	1914	128	dealer	dealer	NOUN
taxlaw-2799	1914	129	b	b	NOUN
taxlaw-2799	1914	130	day	day	NOUN
taxlaw-2799	1914	131	1	1	NUM
taxlaw-2799	1914	132	a	a	DET
taxlaw-2799	1914	133	variation	variation	NOUN
taxlaw-2799	1914	134	margin	margin	NOUN
taxlaw-2799	1914	135	dealer	dealer	NOUN
taxlaw-2799	1914	136	b	b	NOUN
taxlaw-2799	1914	137	$	$	SYM
taxlaw-2799	1914	138	4,210,000	4,210,000	NUM
taxlaw-2799	1914	139	500	500	NUM
taxlaw-2799	1914	140	bp	bp	PROPN
taxlaw-2799	1914	141	x	x	SYM
taxlaw-2799	1914	142	npa	npa	PROPN
taxlaw-2799	1914	143	dealer	dealer	NOUN
taxlaw-2799	1914	144	ba	ba	NOUN
taxlaw-2799	1914	145	during	during	ADP
taxlaw-2799	1914	146	initial	initial	ADJ
taxlaw-2799	1914	147	margin	margin	NOUN
taxlaw-2799	1914	148	initial	initial	ADJ
taxlaw-2799	1914	149	margin	margin	NOUN
taxlaw-2799	1914	150	ch	ch	NOUN
taxlaw-2799	1914	151	$	$	SYM
taxlaw-2799	1914	152	4,210,000	4,210,000	NUM
taxlaw-2799	1914	153	upfront	upfront	ADJ
taxlaw-2799	1914	154	payment	payment	NOUN
taxlaw-2799	1914	155	(	(	PUNCT
taxlaw-2799	1914	156	agree	agree	VERB
taxlaw-2799	1914	157	on	on	ADP
taxlaw-2799	1914	158	terms	term	NOUN
taxlaw-2799	1914	159	,	,	PUNCT
taxlaw-2799	1914	160	e.g.	e.g.	ADV
taxlaw-2799	1914	161	,	,	PUNCT
taxlaw-2799	1914	162	a	a	DET
taxlaw-2799	1914	163	pays	pay	NOUN
taxlaw-2799	1914	164	5	5	NUM
taxlaw-2799	1914	165	%	%	NOUN
taxlaw-2799	1914	166	+	+	CCONJ
taxlaw-2799	1914	167	$	$	SYM
taxlaw-2799	1914	168	4.21	4.21	NUM
taxlaw-2799	1914	169	m	m	NOUN
taxlaw-2799	1914	170	upfront	upfront	NOUN
taxlaw-2799	1914	171	,	,	PUNCT
taxlaw-2799	1914	172	b	b	PROPN
taxlaw-2799	1914	173	pays	pays	PROPN
taxlaw-2799	1914	174	libor	libor	PROPN
taxlaw-2799	1914	175	)	)	PUNCT
taxlaw-2799	1914	176	libor	libor	PROPN
taxlaw-2799	1914	177	x	x	PUNCT
taxlaw-2799	1915	1	$	$	SYM
taxlaw-2799	1915	2	100	100	NUM
taxlaw-2799	1915	3	m	m	NOUN
taxlaw-2799	1915	4	ch	ch	NOUN
taxlaw-2799	1915	5	2011	2011	NUM
taxlaw-2799	1915	6	]	]	PUNCT
taxlaw-2799	1915	7	ew	ew	ADP
taxlaw-2799	1915	8	tax	tax	NOUN
taxlaw-2799	1915	9	issues	issue	NOUN
taxlaw-2799	1915	10	arisi	arisi	VERB
taxlaw-2799	1915	11	g	g	PROPN
taxlaw-2799	1915	12	from	from	ADP
taxlaw-2799	1915	13	the	the	DET
taxlaw-2799	1915	14	dodd	dodd	NOUN
taxlaw-2799	1915	15	-	-	PUNCT
taxlaw-2799	1915	16	fra	fra	PROPN
taxlaw-2799	1915	17	k	k	PROPN
taxlaw-2799	1915	18	act	act	VERB
taxlaw-2799	1915	19	97	97	NUM
taxlaw-2799	1915	20	step	step	NOUN
taxlaw-2799	1915	21	1	1	NUM
taxlaw-2799	1915	22	negotiation	negotiation	NOUN
taxlaw-2799	1915	23	of	of	ADP
taxlaw-2799	1915	24	bilateral	bilateral	ADJ
taxlaw-2799	1915	25	otc	otc	PROPN
taxlaw-2799	1915	26	cds	cds	PROPN
taxlaw-2799	1915	27	cds	cds	PROPN
taxlaw-2799	1915	28	clearing	clear	VERB
taxlaw-2799	1915	29	pool	pool	NOUN
taxlaw-2799	1915	30	of	of	ADP
taxlaw-2799	1915	31	collateral	collateral	NOUN
taxlaw-2799	1915	32	&	&	CCONJ
taxlaw-2799	1915	33	guarantees	guarantee	VERB
taxlaw-2799	1915	34	a	a	DET
taxlaw-2799	1915	35	ch	ch	NOUN
taxlaw-2799	1915	36	dealer	dealer	NOUN
taxlaw-2799	1915	37	b	b	PROPN
taxlaw-2799	1915	38	step	step	NOUN
taxlaw-2799	1915	39	2	2	NUM
taxlaw-2799	1915	40	novation	novation	NOUN
taxlaw-2799	1915	41	to	to	PART
taxlaw-2799	1915	42	clearinghouse	clearinghouse	VERB
taxlaw-2799	1915	43	initial	initial	ADJ
taxlaw-2799	1915	44	margin	margin	NOUN
taxlaw-2799	1915	45	initial	initial	ADJ
taxlaw-2799	1915	46	margin	margin	NOUN
taxlaw-2799	1915	47	variation	variation	NOUN
taxlaw-2799	1915	48	margin	margin	NOUN
taxlaw-2799	1915	49	a	a	PRON
taxlaw-2799	1915	50	pb	pb	X
taxlaw-2799	1915	51	(	(	PUNCT
taxlaw-2799	1915	52	agree	agree	VERB
taxlaw-2799	1915	53	on	on	ADP
taxlaw-2799	1915	54	terms	term	NOUN
taxlaw-2799	1915	55	,	,	PUNCT
taxlaw-2799	1915	56	e.g.	e.g.	ADV
taxlaw-2799	1915	57	,	,	PUNCT
taxlaw-2799	1915	58	a	a	PRON
taxlaw-2799	1915	59	pays	pay	NOUN
taxlaw-2799	1915	60	175	175	NUM
taxlaw-2799	1915	61	bp	bp	PROPN
taxlaw-2799	1915	62	)	)	PUNCT
taxlaw-2799	1915	63	dealer	dealer	NOUN
taxlaw-2799	1915	64	b	b	PROPN
taxlaw-2799	1915	65	ps	ps	PROPN
taxlaw-2799	1915	66	98	98	NUM
taxlaw-2799	1915	67	columbia	columbia	PROPN
taxlaw-2799	1915	68	jour	jour	PROPN
taxlaw-2799	1915	69	al	al	PROPN
taxlaw-2799	1915	70	of	of	ADP
taxlaw-2799	1915	71	tax	tax	NOUN
taxlaw-2799	1915	72	law	law	NOUN
taxlaw-2799	1916	1	[	[	X
taxlaw-2799	1916	2	vol	vol	NOUN
taxlaw-2799	1916	3	.	.	PUNCT
taxlaw-2799	1916	4	2:1	2:1	NUM
taxlaw-2799	1916	5	cds	cd	NOUN
taxlaw-2799	1916	6	coupon	coupon	NOUN
taxlaw-2799	1916	7	standardization	standardization	NOUN
taxlaw-2799	1916	8	example	example	NOUN
taxlaw-2799	1916	9	1	1	NUM
taxlaw-2799	1916	10	(	(	PUNCT
taxlaw-2799	1916	11	market	market	NOUN
taxlaw-2799	1916	12	level	level	NOUN
taxlaw-2799	1916	13	575	575	NUM
taxlaw-2799	1916	14	bp	bp	NOUN
taxlaw-2799	1916	15	;	;	PUNCT
taxlaw-2799	1916	16	standard	standard	ADJ
taxlaw-2799	1916	17	coupon	coupon	NOUN
taxlaw-2799	1916	18	500	500	NUM
taxlaw-2799	1916	19	bp	bp	NOUN
taxlaw-2799	1916	20	)	)	PUNCT
taxlaw-2799	1916	21	dealer	dealer	NOUN
taxlaw-2799	1916	22	ba	ba	NOUN
taxlaw-2799	1916	23	500	500	NUM
taxlaw-2799	1916	24	bp	bp	PROPN
taxlaw-2799	1916	25	x	x	SYM
taxlaw-2799	1916	26	$	$	SYM
taxlaw-2799	1916	27	100	100	NUM
taxlaw-2799	1916	28	m	m	NUM
taxlaw-2799	1916	29	$	$	SYM
taxlaw-2799	1916	30	244,000	244,000	NUM
taxlaw-2799	1916	31	up	up	ADP
taxlaw-2799	1916	32	front	front	ADJ
taxlaw-2799	1916	33	example	example	NOUN
taxlaw-2799	1916	34	3	3	NUM
taxlaw-2799	1916	35	(	(	PUNCT
taxlaw-2799	1916	36	market	market	NOUN
taxlaw-2799	1916	37	level	level	NOUN
taxlaw-2799	1916	38	25	25	NUM
taxlaw-2799	1916	39	bp	bp	NOUN
taxlaw-2799	1916	40	;	;	PUNCT
taxlaw-2799	1916	41	standard	standard	ADJ
taxlaw-2799	1916	42	coupon	coupon	NOUN
taxlaw-2799	1916	43	100	100	NUM
taxlaw-2799	1916	44	bp	bp	NOUN
taxlaw-2799	1916	45	)	)	PUNCT
taxlaw-2799	1916	46	dealer	dealer	NOUN
taxlaw-2799	1916	47	ba	ba	NOUN
taxlaw-2799	1916	48	100	100	NUM
taxlaw-2799	1916	49	bp	bp	PROPN
taxlaw-2799	1916	50	x	x	SYM
taxlaw-2799	1916	51	$	$	SYM
taxlaw-2799	1916	52	100	100	NUM
taxlaw-2799	1916	53	m	m	NUM
taxlaw-2799	1916	54	$	$	SYM
taxlaw-2799	1916	55	377,000	377,000	NUM
taxlaw-2799	1916	56	up	up	ADP
taxlaw-2799	1916	57	front	front	ADJ
taxlaw-2799	1916	58	example	example	NOUN
taxlaw-2799	1916	59	2	2	NUM
taxlaw-2799	1916	60	(	(	PUNCT
taxlaw-2799	1916	61	market	market	NOUN
taxlaw-2799	1916	62	level	level	NOUN
taxlaw-2799	1916	63	175	175	NUM
taxlaw-2799	1916	64	bp	bp	NOUN
taxlaw-2799	1916	65	;	;	PUNCT
taxlaw-2799	1916	66	standard	standard	ADJ
taxlaw-2799	1916	67	coupon	coupon	NOUN
taxlaw-2799	1916	68	100	100	NUM
taxlaw-2799	1916	69	bp	bp	NOUN
taxlaw-2799	1916	70	)	)	PUNCT
taxlaw-2799	1916	71	dealer	dealer	NOUN
taxlaw-2799	1916	72	ba	ba	NOUN
taxlaw-2799	1916	73	100	100	NUM
taxlaw-2799	1916	74	bp	bp	PROPN
taxlaw-2799	1916	75	x	x	SYM
taxlaw-2799	1916	76	$	$	SYM
taxlaw-2799	1916	77	100	100	NUM
taxlaw-2799	1916	78	m	m	NUM
taxlaw-2799	1916	79	$	$	SYM
taxlaw-2799	1916	80	335,000	335,000	NUM
taxlaw-2799	1916	81	up	up	ADP
taxlaw-2799	1916	82	front	front	ADJ
taxlaw-2799	1916	83	2011	2011	NUM
taxlaw-2799	1916	84	]	]	PUNCT
taxlaw-2799	1917	1	ew	ew	ADP
taxlaw-2799	1917	2	tax	tax	NOUN
taxlaw-2799	1917	3	issues	issue	NOUN
taxlaw-2799	1917	4	arisi	arisi	VERB
taxlaw-2799	1917	5	g	g	PROPN
taxlaw-2799	1917	6	from	from	ADP
taxlaw-2799	1917	7	the	the	DET
taxlaw-2799	1917	8	dodd	dodd	NOUN
taxlaw-2799	1917	9	-	-	PUNCT
taxlaw-2799	1917	10	fra	fra	PROPN
taxlaw-2799	1917	11	k	k	PROPN
taxlaw-2799	1917	12	act	act	PROPN
taxlaw-2799	1917	13	99	99	NUM
taxlaw-2799	1917	14	cds	cd	NOUN
taxlaw-2799	1917	15	clearing	clearing	NOUN
taxlaw-2799	1917	16	–	–	PUNCT
taxlaw-2799	1917	17	putting	put	VERB
taxlaw-2799	1917	18	it	it	PRON
taxlaw-2799	1917	19	together	together	ADV
taxlaw-2799	1917	20	market	market	NOUN
taxlaw-2799	1917	21	level	level	NOUN
taxlaw-2799	1917	22	575	575	NUM
taxlaw-2799	1917	23	bp	bp	NOUN
taxlaw-2799	1917	24	;	;	PUNCT
taxlaw-2799	1917	25	standard	standard	ADJ
taxlaw-2799	1917	26	coupon	coupon	NOUN
taxlaw-2799	1917	27	500	500	NUM
taxlaw-2799	1917	28	bp	bp	NOUN
taxlaw-2799	1917	29	;	;	PUNCT
taxlaw-2799	1917	30	$	$	SYM
taxlaw-2799	1917	31	100	100	NUM
taxlaw-2799	1917	32	m	m	NUM
taxlaw-2799	1917	33	npa	npa	NOUN
taxlaw-2799	1917	34	day	day	NOUN
taxlaw-2799	1917	35	1	1	NUM
taxlaw-2799	1917	36	a	a	DET
taxlaw-2799	1917	37	variation	variation	NOUN
taxlaw-2799	1917	38	margin	margin	NOUN
taxlaw-2799	1917	39	dealer	dealer	NOUN
taxlaw-2799	1917	40	b	b	NOUN
taxlaw-2799	1917	41	$	$	SYM
taxlaw-2799	1917	42	224,000	224,000	NUM
taxlaw-2799	1917	43	500	500	NUM
taxlaw-2799	1917	44	bp	bp	NOUN
taxlaw-2799	1917	45	x	x	SYM
taxlaw-2799	1917	46	$	$	SYM
taxlaw-2799	1917	47	100	100	NUM
taxlaw-2799	1917	48	m	m	NOUN
taxlaw-2799	1917	49	dealer	dealer	NOUN
taxlaw-2799	1917	50	baduring	badure	VERB
taxlaw-2799	1917	51	initial	initial	ADJ
taxlaw-2799	1917	52	margin	margin	NOUN
taxlaw-2799	1917	53	initial	initial	ADJ
taxlaw-2799	1917	54	margin	margin	NOUN
taxlaw-2799	1917	55	ch	ch	NOUN
taxlaw-2799	1917	56	upfront	upfront	ADJ
taxlaw-2799	1917	57	payment	payment	NOUN
taxlaw-2799	1917	58	$	$	SYM
taxlaw-2799	1917	59	224,000	224,000	NUM
taxlaw-2799	1917	60	libor	libor	NOUN
taxlaw-2799	1917	61	x	x	PUNCT
taxlaw-2799	1917	62	$	$	SYM
taxlaw-2799	1917	63	100	100	NUM
taxlaw-2799	1917	64	m	m	NOUN
taxlaw-2799	1917	65	ch	ch	NOUN