id	sid	tid	token	lemma	pos
taxlaw-2852	1	1	microsoft	microsoft	PROPN
taxlaw-2852	1	2	word	word	PROPN
taxlaw-2852	1	3	8-2-miller.docx	8-2-miller.docx	NUM
taxlaw-2852	1	4	tax	tax	NOUN
taxlaw-2852	1	5	planning	planning	NOUN
taxlaw-2852	1	6	under	under	ADP
taxlaw-2852	1	7	the	the	DET
taxlaw-2852	1	8	destination	destination	NOUN
taxlaw-2852	1	9	based	base	VERB
taxlaw-2852	1	10	cash	cash	NOUN
taxlaw-2852	1	11	flow	flow	NOUN
taxlaw-2852	1	12	tax	tax	NOUN
taxlaw-2852	1	13	:	:	PUNCT
taxlaw-2852	1	14	a	a	DET
taxlaw-2852	1	15	guide	guide	NOUN
taxlaw-2852	1	16	for	for	ADP
taxlaw-2852	1	17	policymakers	policymaker	NOUN
taxlaw-2852	1	18	and	and	CCONJ
taxlaw-2852	1	19	practitioners	practitioner	NOUN
taxlaw-2852	1	20	david	david	PROPN
taxlaw-2852	1	21	s.	s.	PROPN
taxlaw-2852	1	22	miller	miller	PROPN
taxlaw-2852	1	23	296	296	NUM
taxlaw-2852	1	24	columbia	columbia	PROPN
taxlaw-2852	1	25	journal	journal	PROPN
taxlaw-2852	1	26	of	of	ADP
taxlaw-2852	1	27	tax	tax	NOUN
taxlaw-2852	1	28	law	law	NOUN
taxlaw-2852	1	29	[	[	X
taxlaw-2852	1	30	vol.8:295	vol.8:295	PROPN
taxlaw-2852	1	31	i.	i.	NOUN
taxlaw-2852	1	32	introduction	introduction	NOUN
taxlaw-2852	1	33	....................................................................	....................................................................	PUNCT
taxlaw-2852	1	34	297	297	NUM
taxlaw-2852	1	35	ii	ii	PROPN
taxlaw-2852	1	36	.	.	PUNCT
taxlaw-2852	1	37	tax	tax	NOUN
taxlaw-2852	1	38	planning	planning	NOUN
taxlaw-2852	1	39	under	under	ADP
taxlaw-2852	1	40	the	the	DET
taxlaw-2852	1	41	dbcft	dbcft	NOUN
taxlaw-2852	1	42	...............................	...............................	PUNCT
taxlaw-2852	1	43	297	297	NUM
taxlaw-2852	1	44	a.	a.	NOUN
taxlaw-2852	1	45	generating	generating	NOUN
taxlaw-2852	1	46	deductions	deduction	NOUN
taxlaw-2852	1	47	........................................................	........................................................	PUNCT
taxlaw-2852	1	48	297	297	NUM
taxlaw-2852	1	49	b.	b.	X
taxlaw-2852	1	50	excluding	exclude	VERB
taxlaw-2852	1	51	income	income	NOUN
taxlaw-2852	1	52	from	from	ADP
taxlaw-2852	1	53	exports	export	NOUN
taxlaw-2852	1	54	.........................................	.........................................	PUNCT
taxlaw-2852	2	1	298	298	NUM
taxlaw-2852	2	2	c.	c.	NOUN
taxlaw-2852	2	3	transforming	transform	VERB
taxlaw-2852	2	4	an	an	DET
taxlaw-2852	2	5	onshore	onshore	NOUN
taxlaw-2852	2	6	brick	brick	NOUN
taxlaw-2852	2	7	and	and	CCONJ
taxlaw-2852	2	8	mortar	mortar	NOUN
taxlaw-2852	2	9	importing	import	VERB
taxlaw-2852	2	10	business	business	NOUN
taxlaw-2852	2	11	into	into	ADP
taxlaw-2852	2	12	an	an	DET
taxlaw-2852	2	13	online	online	ADJ
taxlaw-2852	2	14	direct	direct	ADJ
taxlaw-2852	2	15	-	-	PUNCT
taxlaw-2852	2	16	order	order	NOUN
taxlaw-2852	2	17	business	business	NOUN
taxlaw-2852	2	18	conducted	conduct	VERB
taxlaw-2852	2	19	by	by	ADP
taxlaw-2852	2	20	a	a	DET
taxlaw-2852	2	21	foreign	foreign	ADJ
taxlaw-2852	2	22	subsidiary	subsidiary	NOUN
taxlaw-2852	2	23	...........................................................	...........................................................	PUNCT
taxlaw-2852	2	24	298	298	NUM
taxlaw-2852	2	25	d.	d.	NOUN
taxlaw-2852	2	26	earnings	earning	NOUN
taxlaw-2852	2	27	and	and	CCONJ
taxlaw-2852	2	28	profits	profit	NOUN
taxlaw-2852	2	29	under	under	ADP
taxlaw-2852	2	30	the	the	DET
taxlaw-2852	2	31	dbcft	dbcft	NOUN
taxlaw-2852	2	32	.............................	.............................	PUNCT
taxlaw-2852	3	1	299	299	NUM
taxlaw-2852	3	2	e.	e.	NOUN
taxlaw-2852	3	3	using	use	VERB
taxlaw-2852	3	4	corporate	corporate	ADJ
taxlaw-2852	3	5	inversions	inversion	NOUN
taxlaw-2852	3	6	................................................	................................................	PUNCT
taxlaw-2852	3	7	300	300	NUM
taxlaw-2852	3	8	f.	f.	NOUN
taxlaw-2852	3	9	using	use	VERB
taxlaw-2852	3	10	transfer	transfer	NOUN
taxlaw-2852	3	11	pricing	pricing	NOUN
taxlaw-2852	3	12	to	to	PART
taxlaw-2852	3	13	import	import	VERB
taxlaw-2852	3	14	at	at	ADP
taxlaw-2852	3	15	a	a	DET
taxlaw-2852	3	16	low	low	ADJ
taxlaw-2852	3	17	cost	cost	NOUN
taxlaw-2852	3	18	.................	.................	PUNCT
taxlaw-2852	3	19	301	301	NUM
taxlaw-2852	3	20	g.	g.	NOUN
taxlaw-2852	3	21	generating	generate	VERB
taxlaw-2852	3	22	and	and	CCONJ
taxlaw-2852	3	23	using	use	VERB
taxlaw-2852	3	24	export	export	NOUN
taxlaw-2852	3	25	losses	loss	NOUN
taxlaw-2852	3	26	..................................	..................................	PUNCT
taxlaw-2852	3	27	301	301	NUM
taxlaw-2852	3	28	h.	h.	NOUN
taxlaw-2852	3	29	converting	convert	VERB
taxlaw-2852	3	30	carry	carry	NOUN
taxlaw-2852	3	31	from	from	ADP
taxlaw-2852	3	32	foreign	foreign	ADJ
taxlaw-2852	3	33	investors	investor	NOUN
taxlaw-2852	3	34	into	into	ADP
taxlaw-2852	3	35	tax	tax	NOUN
taxlaw-2852	3	36	-	-	PUNCT
taxlaw-2852	3	37	exempt	exempt	ADJ
taxlaw-2852	3	38	export	export	NOUN
taxlaw-2852	3	39	income	income	NOUN
taxlaw-2852	3	40	.....................................................................	.....................................................................	PUNCT
taxlaw-2852	3	41	302	302	NUM
taxlaw-2852	3	42	i.	i.	NOUN
taxlaw-2852	3	43	the	the	DET
taxlaw-2852	3	44	preference	preference	NOUN
taxlaw-2852	3	45	of	of	ADP
taxlaw-2852	3	46	capital	capital	NOUN
taxlaw-2852	3	47	assets	asset	NOUN
taxlaw-2852	3	48	over	over	ADP
taxlaw-2852	3	49	financial	financial	ADJ
taxlaw-2852	3	50	assets	asset	NOUN
taxlaw-2852	3	51	....	....	PUNCT
taxlaw-2852	3	52	303	303	NUM
taxlaw-2852	3	53	j.	j.	NOUN
taxlaw-2852	3	54	using	use	VERB
taxlaw-2852	3	55	affiliate	affiliate	NOUN
taxlaw-2852	3	56	sales	sale	NOUN
taxlaw-2852	3	57	to	to	PART
taxlaw-2852	3	58	achieve	achieve	VERB
taxlaw-2852	3	59	a	a	DET
taxlaw-2852	3	60	tax	tax	NOUN
taxlaw-2852	3	61	-	-	PUNCT
taxlaw-2852	3	62	free	free	ADJ
taxlaw-2852	3	63	step	step	NOUN
taxlaw-2852	3	64	-	-	PUNCT
taxlaw-2852	3	65	up	up	NOUN
taxlaw-2852	3	66	........	........	PUNCT
taxlaw-2852	3	67	303	303	NUM
taxlaw-2852	3	68	k.	k.	NOUN
taxlaw-2852	3	69	using	use	VERB
taxlaw-2852	3	70	partnerships	partnership	NOUN
taxlaw-2852	3	71	to	to	PART
taxlaw-2852	3	72	sell	sell	VERB
taxlaw-2852	3	73	export	export	NOUN
taxlaw-2852	3	74	losses	loss	NOUN
taxlaw-2852	3	75	to	to	ADP
taxlaw-2852	3	76	importers	importer	NOUN
taxlaw-2852	3	77	......	......	PUNCT
taxlaw-2852	3	78	303	303	NUM
taxlaw-2852	3	79	l.	l.	PROPN
taxlaw-2852	3	80	tax	tax	NOUN
taxlaw-2852	3	81	-	-	PUNCT
taxlaw-2852	3	82	exempt	exempt	ADJ
taxlaw-2852	3	83	entities	entity	NOUN
taxlaw-2852	3	84	...........................................................	...........................................................	PUNCT
taxlaw-2852	3	85	304	304	NUM
taxlaw-2852	3	86	m.	m.	NOUN
taxlaw-2852	3	87	using	use	VERB
taxlaw-2852	3	88	u.s	u.s	PROPN
taxlaw-2852	3	89	.	.	PROPN
taxlaw-2852	3	90	corporations	corporation	NOUN
taxlaw-2852	3	91	as	as	ADP
taxlaw-2852	3	92	tax	tax	NOUN
taxlaw-2852	3	93	shelters	shelter	NOUN
taxlaw-2852	3	94	............................	............................	PUNCT
taxlaw-2852	3	95	305	305	NUM
taxlaw-2852	3	96	n.	n.	NOUN
taxlaw-2852	3	97	preserving	preserve	VERB
taxlaw-2852	3	98	interest	interest	NOUN
taxlaw-2852	3	99	deductions	deduction	NOUN
taxlaw-2852	3	100	...........................................	...........................................	PUNCT
taxlaw-2852	4	1	306	306	NUM
taxlaw-2852	4	2	o.	o.	ADJ
taxlaw-2852	4	3	foreign	foreign	ADJ
taxlaw-2852	4	4	companies	company	NOUN
taxlaw-2852	4	5	could	could	AUX
taxlaw-2852	4	6	move	move	VERB
taxlaw-2852	4	7	to	to	ADP
taxlaw-2852	4	8	the	the	DET
taxlaw-2852	4	9	united	united	PROPN
taxlaw-2852	4	10	states	states	PROPN
taxlaw-2852	4	11	to	to	PART
taxlaw-2852	4	12	receive	receive	VERB
taxlaw-2852	4	13	a	a	DET
taxlaw-2852	4	14	subsidy	subsidy	NOUN
taxlaw-2852	4	15	...............................................................	...............................................................	PUNCT
taxlaw-2852	4	16	307	307	NUM
taxlaw-2852	4	17	p.	p.	NOUN
taxlaw-2852	4	18	low	low	ADJ
taxlaw-2852	4	19	-	-	PUNCT
taxlaw-2852	4	20	cost	cost	NOUN
taxlaw-2852	4	21	insurance	insurance	NOUN
taxlaw-2852	4	22	in	in	ADP
taxlaw-2852	4	23	the	the	DET
taxlaw-2852	4	24	event	event	NOUN
taxlaw-2852	4	25	of	of	ADP
taxlaw-2852	4	26	repeal	repeal	NOUN
taxlaw-2852	4	27	.......................	.......................	PUNCT
taxlaw-2852	4	28	307	307	NUM
taxlaw-2852	4	29	iii	iii	NOUN
taxlaw-2852	4	30	.	.	PUNCT
taxlaw-2852	5	1	conclusion	conclusion	NOUN
taxlaw-2852	5	2	.........................................................................	.........................................................................	PUNCT
taxlaw-2852	5	3	308	308	NUM
taxlaw-2852	5	4	2017	2017	NUM
taxlaw-2852	5	5	]	]	PUNCT
taxlaw-2852	5	6	tax	tax	NOUN
taxlaw-2852	5	7	planning	planning	NOUN
taxlaw-2852	5	8	297	297	NUM
taxlaw-2852	5	9	i.	i.	NOUN
taxlaw-2852	5	10	introduction	introduction	NOUN
taxlaw-2852	5	11	this	this	DET
taxlaw-2852	5	12	essay	essay	NOUN
taxlaw-2852	5	13	describes	describe	VERB
taxlaw-2852	5	14	some	some	DET
taxlaw-2852	5	15	basic	basic	ADJ
taxlaw-2852	5	16	tax	tax	NOUN
taxlaw-2852	5	17	-	-	PUNCT
taxlaw-2852	5	18	planning	planning	NOUN
taxlaw-2852	5	19	strategies	strategy	NOUN
taxlaw-2852	5	20	under	under	ADP
taxlaw-2852	5	21	the	the	DET
taxlaw-2852	5	22	destination	destination	NOUN
taxlaw-2852	5	23	based	base	VERB
taxlaw-2852	5	24	cash	cash	NOUN
taxlaw-2852	5	25	flow	flow	NOUN
taxlaw-2852	5	26	tax	tax	NOUN
taxlaw-2852	5	27	(	(	PUNCT
taxlaw-2852	5	28	dbcft	dbcft	NOUN
taxlaw-2852	5	29	)	)	PUNCT
taxlaw-2852	5	30	proposed	propose	VERB
taxlaw-2852	5	31	as	as	ADP
taxlaw-2852	5	32	part	part	NOUN
taxlaw-2852	5	33	of	of	ADP
taxlaw-2852	5	34	the	the	DET
taxlaw-2852	5	35	“	"	PUNCT
taxlaw-2852	5	36	blueprint	blueprint	NOUN
taxlaw-2852	5	37	”	"	PUNCT
taxlaw-2852	5	38	published	publish	VERB
taxlaw-2852	5	39	by	by	ADP
taxlaw-2852	5	40	the	the	DET
taxlaw-2852	5	41	committee	committee	NOUN
taxlaw-2852	5	42	on	on	ADP
taxlaw-2852	5	43	ways	way	NOUN
taxlaw-2852	5	44	&	&	CCONJ
taxlaw-2852	5	45	means	mean	NOUN
taxlaw-2852	5	46	of	of	ADP
taxlaw-2852	5	47	the	the	DET
taxlaw-2852	5	48	house	house	NOUN
taxlaw-2852	5	49	of	of	ADP
taxlaw-2852	5	50	representatives	representatives	PROPN
taxlaw-2852	5	51	.	.	PUNCT
taxlaw-2852	6	1	1	1	NUM
taxlaw-2852	6	2	this	this	DET
taxlaw-2852	6	3	article	article	NOUN
taxlaw-2852	6	4	is	be	AUX
taxlaw-2852	6	5	designed	design	VERB
taxlaw-2852	6	6	first	first	ADV
taxlaw-2852	6	7	for	for	ADP
taxlaw-2852	6	8	policymakers	policymaker	NOUN
taxlaw-2852	6	9	so	so	SCONJ
taxlaw-2852	6	10	that	that	SCONJ
taxlaw-2852	6	11	they	they	PRON
taxlaw-2852	6	12	can	can	AUX
taxlaw-2852	6	13	either	either	CCONJ
taxlaw-2852	6	14	correct	correct	VERB
taxlaw-2852	6	15	or	or	CCONJ
taxlaw-2852	6	16	confirm	confirm	VERB
taxlaw-2852	6	17	the	the	DET
taxlaw-2852	6	18	strategies	strategy	NOUN
taxlaw-2852	6	19	i	i	PRON
taxlaw-2852	6	20	describe	describe	VERB
taxlaw-2852	6	21	,	,	PUNCT
taxlaw-2852	6	22	and	and	CCONJ
taxlaw-2852	6	23	second	second	ADJ
taxlaw-2852	6	24	for	for	ADP
taxlaw-2852	6	25	the	the	DET
taxlaw-2852	6	26	practitioners	practitioner	NOUN
taxlaw-2852	6	27	and	and	CCONJ
taxlaw-2852	6	28	taxpayers	taxpayer	NOUN
taxlaw-2852	6	29	that	that	PRON
taxlaw-2852	6	30	will	will	AUX
taxlaw-2852	6	31	navigate	navigate	VERB
taxlaw-2852	6	32	the	the	DET
taxlaw-2852	6	33	dbcft	dbcft	NOUN
taxlaw-2852	6	34	if	if	SCONJ
taxlaw-2852	6	35	it	it	PRON
taxlaw-2852	6	36	is	be	AUX
taxlaw-2852	6	37	enacted	enact	VERB
taxlaw-2852	6	38	.	.	PUNCT
taxlaw-2852	7	1	a	a	DET
taxlaw-2852	7	2	central	central	ADJ
taxlaw-2852	7	3	theme	theme	NOUN
taxlaw-2852	7	4	of	of	ADP
taxlaw-2852	7	5	the	the	DET
taxlaw-2852	7	6	discussion	discussion	NOUN
taxlaw-2852	7	7	that	that	PRON
taxlaw-2852	7	8	follows	follow	VERB
taxlaw-2852	7	9	is	be	AUX
taxlaw-2852	7	10	that	that	SCONJ
taxlaw-2852	7	11	the	the	DET
taxlaw-2852	7	12	dbcft	dbcft	NOUN
taxlaw-2852	7	13	contained	contain	VERB
taxlaw-2852	7	14	in	in	ADP
taxlaw-2852	7	15	the	the	DET
taxlaw-2852	7	16	blueprint	blueprint	NOUN
taxlaw-2852	7	17	is	be	AUX
taxlaw-2852	7	18	not	not	PART
taxlaw-2852	7	19	the	the	DET
taxlaw-2852	7	20	“	"	PUNCT
taxlaw-2852	7	21	pure	pure	ADJ
taxlaw-2852	7	22	”	"	PUNCT
taxlaw-2852	7	23	dbcft	dbcft	NOUN
taxlaw-2852	7	24	proposed	propose	VERB
taxlaw-2852	7	25	by	by	ADP
taxlaw-2852	7	26	economists.2	economists.2	NOUN
taxlaw-2852	7	27	instead	instead	ADV
taxlaw-2852	7	28	,	,	PUNCT
taxlaw-2852	7	29	it	it	PRON
taxlaw-2852	7	30	is	be	AUX
taxlaw-2852	7	31	a	a	DET
taxlaw-2852	7	32	hybrid	hybrid	NOUN
taxlaw-2852	7	33	that	that	PRON
taxlaw-2852	7	34	incorporates	incorporate	VERB
taxlaw-2852	7	35	aspects	aspect	NOUN
taxlaw-2852	7	36	of	of	ADP
taxlaw-2852	7	37	the	the	DET
taxlaw-2852	7	38	pure	pure	ADJ
taxlaw-2852	7	39	dbcft	dbcft	NOUN
taxlaw-2852	7	40	,	,	PUNCT
taxlaw-2852	7	41	but	but	CCONJ
taxlaw-2852	7	42	also	also	ADV
taxlaw-2852	7	43	elements	element	NOUN
taxlaw-2852	7	44	of	of	ADP
taxlaw-2852	7	45	our	our	PRON
taxlaw-2852	7	46	current	current	ADJ
taxlaw-2852	7	47	income	income	NOUN
taxlaw-2852	7	48	tax	tax	NOUN
taxlaw-2852	7	49	.	.	PUNCT
taxlaw-2852	8	1	many	many	ADJ
taxlaw-2852	8	2	of	of	ADP
taxlaw-2852	8	3	the	the	DET
taxlaw-2852	8	4	planning	planning	NOUN
taxlaw-2852	8	5	opportunities	opportunity	NOUN
taxlaw-2852	8	6	under	under	ADP
taxlaw-2852	8	7	the	the	DET
taxlaw-2852	8	8	dbcft	dbcft	ADJ
taxlaw-2852	8	9	arise	arise	NOUN
taxlaw-2852	8	10	because	because	SCONJ
taxlaw-2852	8	11	of	of	ADP
taxlaw-2852	8	12	its	its	PRON
taxlaw-2852	8	13	hybrid	hybrid	ADJ
taxlaw-2852	8	14	nature	nature	NOUN
taxlaw-2852	8	15	.	.	PUNCT
taxlaw-2852	9	1	ii	ii	PROPN
taxlaw-2852	9	2	.	.	PUNCT
taxlaw-2852	9	3	tax	tax	NOUN
taxlaw-2852	9	4	planning	planning	NOUN
taxlaw-2852	9	5	under	under	ADP
taxlaw-2852	9	6	the	the	DET
taxlaw-2852	9	7	dbcft	dbcft	ADJ
taxlaw-2852	9	8	a.	a.	NOUN
taxlaw-2852	9	9	generating	generating	NOUN
taxlaw-2852	9	10	deductions	deduction	NOUN
taxlaw-2852	9	11	tax	tax	NOUN
taxlaw-2852	9	12	planning	planning	NOUN
taxlaw-2852	9	13	under	under	ADP
taxlaw-2852	9	14	an	an	DET
taxlaw-2852	9	15	income	income	NOUN
taxlaw-2852	9	16	tax	tax	NOUN
taxlaw-2852	9	17	system	system	NOUN
taxlaw-2852	9	18	is	be	AUX
taxlaw-2852	9	19	based	base	VERB
taxlaw-2852	9	20	upon	upon	SCONJ
taxlaw-2852	9	21	maximizing	maximize	VERB
taxlaw-2852	9	22	deductions	deduction	NOUN
taxlaw-2852	9	23	and	and	CCONJ
taxlaw-2852	9	24	avoiding	avoid	VERB
taxlaw-2852	9	25	or	or	CCONJ
taxlaw-2852	9	26	deferring	defer	VERB
taxlaw-2852	9	27	income	income	NOUN
taxlaw-2852	9	28	.	.	PUNCT
taxlaw-2852	10	1	to	to	PART
taxlaw-2852	10	2	illustrate	illustrate	VERB
taxlaw-2852	10	3	,	,	PUNCT
taxlaw-2852	10	4	assume	assume	VERB
taxlaw-2852	10	5	a	a	DET
taxlaw-2852	10	6	u.s	u.s	PROPN
taxlaw-2852	10	7	.	.	PROPN
taxlaw-2852	10	8	pharmaceutical	pharmaceutical	PROPN
taxlaw-2852	10	9	company	company	NOUN
taxlaw-2852	10	10	(	(	PUNCT
taxlaw-2852	10	11	currently	currently	ADV
taxlaw-2852	10	12	subject	subject	ADJ
taxlaw-2852	10	13	to	to	ADP
taxlaw-2852	10	14	a	a	DET
taxlaw-2852	10	15	nominal	nominal	ADJ
taxlaw-2852	10	16	u.s	u.s	PROPN
taxlaw-2852	10	17	.	.	PROPN
taxlaw-2852	10	18	corporate	corporate	ADJ
taxlaw-2852	10	19	tax	tax	NOUN
taxlaw-2852	10	20	rate	rate	NOUN
taxlaw-2852	10	21	of	of	ADP
taxlaw-2852	10	22	35	35	NUM
taxlaw-2852	10	23	%	%	NOUN
taxlaw-2852	10	24	)	)	PUNCT
taxlaw-2852	10	25	has	have	VERB
taxlaw-2852	10	26	an	an	DET
taxlaw-2852	10	27	irish	irish	ADJ
taxlaw-2852	10	28	subsidiary	subsidiary	NOUN
taxlaw-2852	10	29	(	(	PUNCT
taxlaw-2852	10	30	currently	currently	ADV
taxlaw-2852	10	31	subject	subject	ADJ
taxlaw-2852	10	32	to	to	ADP
taxlaw-2852	10	33	a	a	DET
taxlaw-2852	10	34	nominal	nominal	ADJ
taxlaw-2852	10	35	rate	rate	NOUN
taxlaw-2852	10	36	of	of	ADP
taxlaw-2852	10	37	12.5	12.5	NUM
taxlaw-2852	10	38	%	%	NOUN
taxlaw-2852	10	39	)	)	PUNCT
taxlaw-2852	10	40	.	.	PUNCT
taxlaw-2852	11	1	under	under	ADP
taxlaw-2852	11	2	current	current	ADJ
taxlaw-2852	11	3	income	income	NOUN
taxlaw-2852	11	4	tax	tax	NOUN
taxlaw-2852	11	5	law	law	NOUN
taxlaw-2852	11	6	,	,	PUNCT
taxlaw-2852	11	7	the	the	DET
taxlaw-2852	11	8	u.s	u.s	PROPN
taxlaw-2852	11	9	.	.	PROPN
taxlaw-2852	11	10	parent	parent	NOUN
taxlaw-2852	11	11	would	would	AUX
taxlaw-2852	11	12	seek	seek	VERB
taxlaw-2852	11	13	to	to	PART
taxlaw-2852	11	14	transfer	transfer	VERB
taxlaw-2852	11	15	intellectual	intellectual	ADJ
taxlaw-2852	11	16	property	property	NOUN
taxlaw-2852	11	17	to	to	ADP
taxlaw-2852	11	18	its	its	PRON
taxlaw-2852	11	19	irish	irish	ADJ
taxlaw-2852	11	20	subsidiary	subsidiary	NOUN
taxlaw-2852	11	21	at	at	ADP
taxlaw-2852	11	22	a	a	DET
taxlaw-2852	11	23	low	low	ADJ
taxlaw-2852	11	24	transfer	transfer	NOUN
taxlaw-2852	11	25	price	price	NOUN
taxlaw-2852	11	26	,	,	PUNCT
taxlaw-2852	11	27	develop	develop	VERB
taxlaw-2852	11	28	the	the	DET
taxlaw-2852	11	29	intellectual	intellectual	ADJ
taxlaw-2852	11	30	property	property	NOUN
taxlaw-2852	11	31	substantially	substantially	ADV
taxlaw-2852	11	32	using	use	VERB
taxlaw-2852	11	33	personnel	personnel	NOUN
taxlaw-2852	11	34	located	locate	VERB
taxlaw-2852	11	35	in	in	ADP
taxlaw-2852	11	36	ireland	ireland	PROPN
taxlaw-2852	11	37	,	,	PUNCT
taxlaw-2852	11	38	and	and	CCONJ
taxlaw-2852	11	39	have	have	VERB
taxlaw-2852	11	40	the	the	DET
taxlaw-2852	11	41	irish	irish	PROPN
taxlaw-2852	11	42	subsidiary	subsidiary	NOUN
taxlaw-2852	11	43	receive	receive	VERB
taxlaw-2852	11	44	royalty	royalty	NOUN
taxlaw-2852	11	45	payments	payment	NOUN
taxlaw-2852	11	46	from	from	ADP
taxlaw-2852	11	47	unrelated	unrelated	ADJ
taxlaw-2852	11	48	parties	party	NOUN
taxlaw-2852	11	49	that	that	PRON
taxlaw-2852	11	50	would	would	AUX
taxlaw-2852	11	51	not	not	PART
taxlaw-2852	11	52	be	be	AUX
taxlaw-2852	11	53	subpart	subpart	ADJ
taxlaw-2852	11	54	f	f	NOUN
taxlaw-2852	12	1	income.3	income.3	PROPN
taxlaw-2852	12	2	the	the	DET
taxlaw-2852	12	3	u.s	u.s	PROPN
taxlaw-2852	12	4	.	.	PROPN
taxlaw-2852	12	5	parent	parent	NOUN
taxlaw-2852	12	6	would	would	AUX
taxlaw-2852	12	7	report	report	VERB
taxlaw-2852	12	8	any	any	DET
taxlaw-2852	12	9	gain	gain	NOUN
taxlaw-2852	12	10	on	on	ADP
taxlaw-2852	12	11	the	the	DET
taxlaw-2852	12	12	initial	initial	ADJ
taxlaw-2852	12	13	sale	sale	NOUN
taxlaw-2852	12	14	,	,	PUNCT
taxlaw-2852	12	15	but	but	CCONJ
taxlaw-2852	12	16	could	could	AUX
taxlaw-2852	12	17	defer	defer	VERB
taxlaw-2852	12	18	the	the	DET
taxlaw-2852	12	19	subsequent	subsequent	ADJ
taxlaw-2852	12	20	profits	profit	NOUN
taxlaw-2852	12	21	of	of	ADP
taxlaw-2852	12	22	the	the	DET
taxlaw-2852	12	23	irish	irish	ADJ
taxlaw-2852	12	24	subsidiary	subsidiary	NOUN
taxlaw-2852	12	25	indefinitely	indefinitely	ADV
taxlaw-2852	12	26	.	.	PUNCT
taxlaw-2852	13	1	1	1	NUM
taxlaw-2852	13	2	a	a	DET
taxlaw-2852	13	3	better	well	ADJ
taxlaw-2852	13	4	way	way	NOUN
taxlaw-2852	13	5	:	:	PUNCT
taxlaw-2852	13	6	our	our	PRON
taxlaw-2852	13	7	vision	vision	NOUN
taxlaw-2852	13	8	for	for	ADP
taxlaw-2852	13	9	a	a	DET
taxlaw-2852	13	10	confident	confident	ADJ
taxlaw-2852	13	11	america	america	PROPN
taxlaw-2852	13	12	,	,	PUNCT
taxlaw-2852	13	13	gop	gop	PROPN
taxlaw-2852	13	14	tax	tax	NOUN
taxlaw-2852	13	15	reform	reform	PROPN
taxlaw-2852	13	16	task	task	PROPN
taxlaw-2852	13	17	force	force	NOUN
taxlaw-2852	13	18	(	(	PUNCT
taxlaw-2852	13	19	june	june	PROPN
taxlaw-2852	13	20	24	24	NUM
taxlaw-2852	13	21	,	,	PUNCT
taxlaw-2852	13	22	2016	2016	NUM
taxlaw-2852	13	23	)	)	PUNCT
taxlaw-2852	13	24	,	,	PUNCT
taxlaw-2852	13	25	http://abetterway.speaker.gov/_assets/pdf/abetterway-tax-policypaper.pdf	http://abetterway.speaker.gov/_assets/pdf/abetterway-tax-policypaper.pdf	X
taxlaw-2852	14	1	[	[	X
taxlaw-2852	14	2	perma.cc/g6b3-ymt3	perma.cc/g6b3-ymt3	PROPN
taxlaw-2852	14	3	]	]	X
taxlaw-2852	15	1	[	[	X
taxlaw-2852	15	2	hereinafter	hereinafter	NOUN
taxlaw-2852	15	3	blueprint	blueprint	NOUN
taxlaw-2852	15	4	]	]	PUNCT
taxlaw-2852	15	5	.	.	PUNCT
taxlaw-2852	15	6	2	2	NUM
taxlaw-2852	15	7	see	see	VERB
taxlaw-2852	15	8	auerbach	auerbach	NOUN
taxlaw-2852	15	9	,	,	PUNCT
taxlaw-2852	15	10	et	et	PROPN
taxlaw-2852	15	11	al	al	PROPN
taxlaw-2852	15	12	.	.	PROPN
taxlaw-2852	15	13	,	,	PUNCT
taxlaw-2852	15	14	destination	destination	NOUN
taxlaw-2852	15	15	based	base	VERB
taxlaw-2852	15	16	cash	cash	NOUN
taxlaw-2852	15	17	-	-	PUNCT
taxlaw-2852	15	18	flow	flow	NOUN
taxlaw-2852	15	19	taxation	taxation	NOUN
taxlaw-2852	15	20	17	17	NUM
taxlaw-2852	15	21	(	(	PUNCT
taxlaw-2852	15	22	oxford	oxford	PROPN
taxlaw-2852	15	23	u.	u.	PROPN
taxlaw-2852	15	24	ctr	ctr	PROPN
taxlaw-2852	15	25	.	.	PUNCT
taxlaw-2852	16	1	for	for	ADP
taxlaw-2852	16	2	bus	bus	NOUN
taxlaw-2852	16	3	.	.	PUNCT
taxlaw-2852	17	1	tax’n	tax’n	NUM
taxlaw-2852	17	2	,	,	PUNCT
taxlaw-2852	17	3	working	work	VERB
taxlaw-2852	17	4	paper	paper	NOUN
taxlaw-2852	17	5	no	no	INTJ
taxlaw-2852	17	6	.	.	PUNCT
taxlaw-2852	18	1	17/01	17/01	NUM
taxlaw-2852	18	2	,	,	PUNCT
taxlaw-2852	18	3	2017	2017	NUM
taxlaw-2852	18	4	)	)	PUNCT
taxlaw-2852	18	5	.	.	PUNCT
taxlaw-2852	19	1	when	when	SCONJ
taxlaw-2852	19	2	i	i	PRON
taxlaw-2852	19	3	refer	refer	VERB
taxlaw-2852	19	4	to	to	ADP
taxlaw-2852	19	5	the	the	DET
taxlaw-2852	19	6	dbcft	dbcft	NOUN
taxlaw-2852	19	7	,	,	PUNCT
taxlaw-2852	19	8	i	i	PRON
taxlaw-2852	19	9	mean	mean	VERB
taxlaw-2852	19	10	the	the	DET
taxlaw-2852	19	11	one	one	NOUN
taxlaw-2852	19	12	in	in	ADP
taxlaw-2852	19	13	the	the	DET
taxlaw-2852	19	14	blueprint	blueprint	NOUN
taxlaw-2852	19	15	.	.	PUNCT
taxlaw-2852	20	1	i	i	PRON
taxlaw-2852	20	2	refer	refer	VERB
taxlaw-2852	20	3	to	to	ADP
taxlaw-2852	20	4	the	the	DET
taxlaw-2852	20	5	one	one	NOUN
taxlaw-2852	20	6	proposed	propose	VERB
taxlaw-2852	20	7	by	by	ADP
taxlaw-2852	20	8	economists	economist	NOUN
taxlaw-2852	20	9	as	as	ADP
taxlaw-2852	20	10	the	the	DET
taxlaw-2852	20	11	“	"	PUNCT
taxlaw-2852	20	12	pure	pure	ADJ
taxlaw-2852	20	13	”	"	PUNCT
taxlaw-2852	20	14	dbcft	dbcft	NOUN
taxlaw-2852	20	15	.	.	PUNCT
taxlaw-2852	21	1	3	3	NUM
taxlaw-2852	21	2	see	see	VERB
taxlaw-2852	21	3	temp	temp	NOUN
taxlaw-2852	21	4	.	.	PUNCT
taxlaw-2852	22	1	treas	treas	PROPN
taxlaw-2852	22	2	.	.	PUNCT
taxlaw-2852	23	1	reg	reg	PROPN
taxlaw-2852	23	2	.	.	PUNCT
taxlaw-2852	24	1	§	§	PROPN
taxlaw-2852	24	2	1.954	1.954	NUM
taxlaw-2852	24	3	-	-	PUNCT
taxlaw-2852	24	4	2t(c)(3)(i	2t(c)(3)(i	NUM
taxlaw-2852	24	5	)	)	PUNCT
taxlaw-2852	24	6	(	(	PUNCT
taxlaw-2852	24	7	exempting	exempt	VERB
taxlaw-2852	24	8	royalty	royalty	NOUN
taxlaw-2852	24	9	income	income	NOUN
taxlaw-2852	24	10	earned	earn	VERB
taxlaw-2852	24	11	with	with	ADP
taxlaw-2852	24	12	respect	respect	NOUN
taxlaw-2852	24	13	to	to	ADP
taxlaw-2852	24	14	property	property	NOUN
taxlaw-2852	24	15	to	to	PART
taxlaw-2852	24	16	which	which	PRON
taxlaw-2852	24	17	the	the	DET
taxlaw-2852	24	18	foreign	foreign	ADJ
taxlaw-2852	24	19	subsidiary	subsidiary	NOUN
taxlaw-2852	24	20	has	have	AUX
taxlaw-2852	24	21	“	"	PUNCT
taxlaw-2852	24	22	added	add	VERB
taxlaw-2852	24	23	substantial	substantial	ADJ
taxlaw-2852	24	24	value	value	NOUN
taxlaw-2852	24	25	”	"	PUNCT
taxlaw-2852	24	26	if	if	SCONJ
taxlaw-2852	24	27	“	"	PUNCT
taxlaw-2852	24	28	regularly	regularly	ADV
taxlaw-2852	24	29	engaged	engage	VERB
taxlaw-2852	24	30	in	in	ADP
taxlaw-2852	24	31	the	the	DET
taxlaw-2852	24	32	development	development	NOUN
taxlaw-2852	24	33	,	,	PUNCT
taxlaw-2852	24	34	creation	creation	NOUN
taxlaw-2852	24	35	,	,	PUNCT
taxlaw-2852	24	36	or	or	CCONJ
taxlaw-2852	24	37	production	production	NOUN
taxlaw-2852	24	38	of	of	ADP
taxlaw-2852	24	39	…	…	PUNCT
taxlaw-2852	24	40	property	property	NOUN
taxlaw-2852	24	41	of	of	ADP
taxlaw-2852	24	42	such	such	ADJ
taxlaw-2852	24	43	kind	kind	NOUN
taxlaw-2852	24	44	”	"	PUNCT
taxlaw-2852	24	45	)	)	PUNCT
taxlaw-2852	24	46	.	.	PUNCT
taxlaw-2852	25	1	all	all	DET
taxlaw-2852	25	2	references	reference	NOUN
taxlaw-2852	25	3	to	to	ADP
taxlaw-2852	25	4	section	section	NOUN
taxlaw-2852	25	5	numbers	number	NOUN
taxlaw-2852	25	6	are	be	AUX
taxlaw-2852	25	7	to	to	ADP
taxlaw-2852	25	8	the	the	DET
taxlaw-2852	25	9	internal	internal	ADJ
taxlaw-2852	25	10	revenue	revenue	NOUN
taxlaw-2852	25	11	code	code	NOUN
taxlaw-2852	25	12	or	or	CCONJ
taxlaw-2852	25	13	its	its	PRON
taxlaw-2852	25	14	regulations	regulation	NOUN
taxlaw-2852	25	15	.	.	PUNCT
taxlaw-2852	26	1	298	298	NUM
taxlaw-2852	26	2	columbia	columbia	PROPN
taxlaw-2852	26	3	journal	journal	PROPN
taxlaw-2852	26	4	of	of	ADP
taxlaw-2852	26	5	tax	tax	NOUN
taxlaw-2852	26	6	law	law	NOUN
taxlaw-2852	27	1	[	[	X
taxlaw-2852	27	2	vol.8:295	vol.8:295	NOUN
taxlaw-2852	27	3	under	under	ADP
taxlaw-2852	27	4	a	a	DET
taxlaw-2852	27	5	dbcft	dbcft	NOUN
taxlaw-2852	27	6	,	,	PUNCT
taxlaw-2852	27	7	generating	generate	VERB
taxlaw-2852	27	8	deductions	deduction	NOUN
taxlaw-2852	27	9	onshore	onshore	NOUN
taxlaw-2852	27	10	would	would	AUX
taxlaw-2852	27	11	remain	remain	VERB
taxlaw-2852	27	12	an	an	DET
taxlaw-2852	27	13	important	important	ADJ
taxlaw-2852	27	14	tax	tax	NOUN
taxlaw-2852	27	15	planning	planning	NOUN
taxlaw-2852	27	16	strategy	strategy	NOUN
taxlaw-2852	27	17	,	,	PUNCT
taxlaw-2852	27	18	but	but	CCONJ
taxlaw-2852	27	19	the	the	DET
taxlaw-2852	27	20	tools	tool	NOUN
taxlaw-2852	27	21	to	to	PART
taxlaw-2852	27	22	accomplish	accomplish	VERB
taxlaw-2852	27	23	this	this	DET
taxlaw-2852	27	24	strategy	strategy	NOUN
taxlaw-2852	27	25	would	would	AUX
taxlaw-2852	27	26	change	change	VERB
taxlaw-2852	27	27	.	.	PUNCT
taxlaw-2852	28	1	for	for	ADP
taxlaw-2852	28	2	example	example	NOUN
taxlaw-2852	28	3	,	,	PUNCT
taxlaw-2852	28	4	interest	interest	NOUN
taxlaw-2852	28	5	could	could	AUX
taxlaw-2852	28	6	no	no	ADV
taxlaw-2852	28	7	longer	long	ADV
taxlaw-2852	28	8	be	be	AUX
taxlaw-2852	28	9	used	use	VERB
taxlaw-2852	28	10	to	to	PART
taxlaw-2852	28	11	strip	strip	VERB
taxlaw-2852	28	12	earnings	earning	NOUN
taxlaw-2852	28	13	,	,	PUNCT
taxlaw-2852	28	14	but	but	CCONJ
taxlaw-2852	28	15	deductions	deduction	NOUN
taxlaw-2852	28	16	could	could	AUX
taxlaw-2852	28	17	be	be	AUX
taxlaw-2852	28	18	generated	generate	VERB
taxlaw-2852	28	19	by	by	ADP
taxlaw-2852	28	20	making	make	VERB
taxlaw-2852	28	21	capital	capital	NOUN
taxlaw-2852	28	22	investments	investment	NOUN
taxlaw-2852	28	23	that	that	PRON
taxlaw-2852	28	24	may	may	AUX
taxlaw-2852	28	25	be	be	AUX
taxlaw-2852	28	26	immediately	immediately	ADV
taxlaw-2852	28	27	expensed	expense	VERB
taxlaw-2852	28	28	.	.	PUNCT
taxlaw-2852	29	1	for	for	ADP
taxlaw-2852	29	2	example	example	NOUN
taxlaw-2852	29	3	,	,	PUNCT
taxlaw-2852	29	4	a	a	DET
taxlaw-2852	29	5	taxpaying	taxpaye	VERB
taxlaw-2852	29	6	company	company	NOUN
taxlaw-2852	29	7	operating	operate	VERB
taxlaw-2852	29	8	under	under	ADP
taxlaw-2852	29	9	a	a	DET
taxlaw-2852	29	10	dbcft	dbcft	NOUN
taxlaw-2852	29	11	could	could	AUX
taxlaw-2852	29	12	generate	generate	VERB
taxlaw-2852	29	13	deductions	deduction	NOUN
taxlaw-2852	29	14	by	by	ADP
taxlaw-2852	29	15	buying	buy	VERB
taxlaw-2852	29	16	business	business	NOUN
taxlaw-2852	29	17	assets	asset	NOUN
taxlaw-2852	29	18	and	and	CCONJ
taxlaw-2852	29	19	leasing	lease	VERB
taxlaw-2852	29	20	them	they	PRON
taxlaw-2852	29	21	(	(	PUNCT
taxlaw-2852	29	22	especially	especially	ADV
taxlaw-2852	29	23	to	to	ADP
taxlaw-2852	29	24	companies	company	NOUN
taxlaw-2852	29	25	(	(	PUNCT
taxlaw-2852	29	26	like	like	ADP
taxlaw-2852	29	27	exporters	exporter	NOUN
taxlaw-2852	29	28	)	)	PUNCT
taxlaw-2852	29	29	that	that	PRON
taxlaw-2852	29	30	could	could	AUX
taxlaw-2852	29	31	not	not	PART
taxlaw-2852	29	32	use	use	VERB
taxlaw-2852	29	33	the	the	DET
taxlaw-2852	29	34	deductions	deduction	NOUN
taxlaw-2852	29	35	that	that	PRON
taxlaw-2852	29	36	would	would	AUX
taxlaw-2852	29	37	be	be	AUX
taxlaw-2852	29	38	generated	generate	VERB
taxlaw-2852	29	39	from	from	ADP
taxlaw-2852	29	40	purchasing	purchase	VERB
taxlaw-2852	29	41	the	the	DET
taxlaw-2852	29	42	equipment	equipment	NOUN
taxlaw-2852	29	43	)	)	PUNCT
taxlaw-2852	29	44	.	.	PUNCT
taxlaw-2852	30	1	likewise	likewise	ADV
taxlaw-2852	30	2	,	,	PUNCT
taxlaw-2852	30	3	a	a	DET
taxlaw-2852	30	4	taxpaying	taxpaying	NOUN
taxlaw-2852	30	5	company	company	NOUN
taxlaw-2852	30	6	could	could	AUX
taxlaw-2852	30	7	buy	buy	VERB
taxlaw-2852	30	8	a	a	DET
taxlaw-2852	30	9	building	building	NOUN
taxlaw-2852	30	10	,	,	PUNCT
taxlaw-2852	30	11	and	and	CCONJ
taxlaw-2852	30	12	lease	lease	VERB
taxlaw-2852	30	13	it	it	PRON
taxlaw-2852	30	14	back	back	ADV
taxlaw-2852	30	15	to	to	ADP
taxlaw-2852	30	16	the	the	DET
taxlaw-2852	30	17	seller	seller	NOUN
taxlaw-2852	30	18	.	.	PUNCT
taxlaw-2852	31	1	the	the	DET
taxlaw-2852	31	2	purchase	purchase	NOUN
taxlaw-2852	31	3	of	of	ADP
taxlaw-2852	31	4	the	the	DET
taxlaw-2852	31	5	building	building	NOUN
taxlaw-2852	31	6	would	would	AUX
taxlaw-2852	31	7	generate	generate	VERB
taxlaw-2852	31	8	a	a	DET
taxlaw-2852	31	9	deduction	deduction	NOUN
taxlaw-2852	31	10	,	,	PUNCT
taxlaw-2852	31	11	which	which	PRON
taxlaw-2852	31	12	could	could	AUX
taxlaw-2852	31	13	shelter	shelter	VERB
taxlaw-2852	31	14	other	other	ADJ
taxlaw-2852	31	15	income	income	NOUN
taxlaw-2852	31	16	.	.	PUNCT
taxlaw-2852	32	1	returning	return	VERB
taxlaw-2852	32	2	to	to	ADP
taxlaw-2852	32	3	the	the	DET
taxlaw-2852	32	4	example	example	NOUN
taxlaw-2852	32	5	above	above	ADP
taxlaw-2852	32	6	,	,	PUNCT
taxlaw-2852	32	7	if	if	SCONJ
taxlaw-2852	32	8	the	the	DET
taxlaw-2852	32	9	dbcft	dbcft	NOUN
taxlaw-2852	32	10	is	be	AUX
taxlaw-2852	32	11	enacted	enact	VERB
taxlaw-2852	32	12	,	,	PUNCT
taxlaw-2852	32	13	the	the	DET
taxlaw-2852	32	14	u.s	u.s	PROPN
taxlaw-2852	32	15	.	.	PROPN
taxlaw-2852	32	16	pharmaceutical	pharmaceutical	PROPN
taxlaw-2852	32	17	company	company	NOUN
taxlaw-2852	32	18	’s	’s	PART
taxlaw-2852	32	19	strategy	strategy	NOUN
taxlaw-2852	32	20	would	would	AUX
taxlaw-2852	32	21	be	be	AUX
taxlaw-2852	32	22	reversed	reverse	VERB
taxlaw-2852	32	23	.	.	PUNCT
taxlaw-2852	33	1	the	the	DET
taxlaw-2852	33	2	u.s	u.s	PROPN
taxlaw-2852	33	3	.	.	PROPN
taxlaw-2852	33	4	parent	parent	NOUN
taxlaw-2852	33	5	would	would	AUX
taxlaw-2852	33	6	fully	fully	ADV
taxlaw-2852	33	7	develop	develop	VERB
taxlaw-2852	33	8	the	the	DET
taxlaw-2852	33	9	intellectual	intellectual	ADJ
taxlaw-2852	33	10	property	property	NOUN
taxlaw-2852	33	11	in	in	ADP
taxlaw-2852	33	12	the	the	DET
taxlaw-2852	33	13	united	united	PROPN
taxlaw-2852	33	14	states	states	PROPN
taxlaw-2852	33	15	with	with	ADP
taxlaw-2852	33	16	its	its	PRON
taxlaw-2852	33	17	own	own	ADJ
taxlaw-2852	33	18	employees	employee	NOUN
taxlaw-2852	33	19	.	.	PUNCT
taxlaw-2852	34	1	their	their	PRON
taxlaw-2852	34	2	salaries	salary	NOUN
taxlaw-2852	34	3	would	would	AUX
taxlaw-2852	34	4	be	be	AUX
taxlaw-2852	34	5	deductible	deductible	ADJ
taxlaw-2852	34	6	.	.	PUNCT
taxlaw-2852	35	1	b.	b.	NOUN
taxlaw-2852	35	2	excluding	exclude	VERB
taxlaw-2852	35	3	income	income	NOUN
taxlaw-2852	35	4	from	from	ADP
taxlaw-2852	35	5	exports	export	NOUN
taxlaw-2852	35	6	under	under	ADP
taxlaw-2852	35	7	a	a	DET
taxlaw-2852	35	8	dbcft	dbcft	NOUN
taxlaw-2852	35	9	,	,	PUNCT
taxlaw-2852	35	10	exporting	export	VERB
taxlaw-2852	35	11	products	product	NOUN
taxlaw-2852	35	12	,	,	PUNCT
taxlaw-2852	35	13	services	service	NOUN
taxlaw-2852	35	14	,	,	PUNCT
taxlaw-2852	35	15	and	and	CCONJ
taxlaw-2852	35	16	intangibles	intangible	NOUN
taxlaw-2852	35	17	abroad	abroad	ADV
taxlaw-2852	35	18	is	be	AUX
taxlaw-2852	35	19	even	even	ADV
taxlaw-2852	35	20	more	more	ADV
taxlaw-2852	35	21	important	important	ADJ
taxlaw-2852	35	22	than	than	ADP
taxlaw-2852	35	23	deferring	defer	VERB
taxlaw-2852	35	24	income	income	NOUN
taxlaw-2852	35	25	because	because	SCONJ
taxlaw-2852	35	26	the	the	DET
taxlaw-2852	35	27	proceeds	proceed	NOUN
taxlaw-2852	35	28	would	would	AUX
taxlaw-2852	35	29	be	be	AUX
taxlaw-2852	35	30	exempt	exempt	ADJ
taxlaw-2852	35	31	under	under	ADP
taxlaw-2852	35	32	the	the	DET
taxlaw-2852	35	33	tax	tax	NOUN
taxlaw-2852	35	34	’s	’s	PART
taxlaw-2852	35	35	border	border	NOUN
taxlaw-2852	35	36	adjustment	adjustment	NOUN
taxlaw-2852	35	37	feature	feature	NOUN
taxlaw-2852	35	38	.	.	PUNCT
taxlaw-2852	36	1	exporting	export	VERB
taxlaw-2852	36	2	may	may	AUX
taxlaw-2852	36	3	be	be	AUX
taxlaw-2852	36	4	accomplished	accomplish	VERB
taxlaw-2852	36	5	by	by	ADP
taxlaw-2852	36	6	providing	provide	VERB
taxlaw-2852	36	7	products	product	NOUN
taxlaw-2852	36	8	,	,	PUNCT
taxlaw-2852	36	9	services	service	NOUN
taxlaw-2852	36	10	,	,	PUNCT
taxlaw-2852	36	11	and	and	CCONJ
taxlaw-2852	36	12	intangibles	intangible	NOUN
taxlaw-2852	36	13	to	to	ADP
taxlaw-2852	36	14	a	a	DET
taxlaw-2852	36	15	foreign	foreign	ADJ
taxlaw-2852	36	16	customer	customer	NOUN
taxlaw-2852	36	17	,	,	PUNCT
taxlaw-2852	36	18	but	but	CCONJ
taxlaw-2852	36	19	also	also	ADV
taxlaw-2852	36	20	to	to	ADP
taxlaw-2852	36	21	a	a	DET
taxlaw-2852	36	22	foreign	foreign	ADJ
taxlaw-2852	36	23	affiliate	affiliate	NOUN
taxlaw-2852	36	24	.	.	PUNCT
taxlaw-2852	37	1	the	the	DET
taxlaw-2852	37	2	blueprint	blueprint	NOUN
taxlaw-2852	37	3	appears	appear	VERB
taxlaw-2852	37	4	to	to	PART
taxlaw-2852	37	5	respect	respect	VERB
taxlaw-2852	37	6	the	the	DET
taxlaw-2852	37	7	residence	residence	NOUN
taxlaw-2852	37	8	of	of	ADP
taxlaw-2852	37	9	entities	entity	NOUN
taxlaw-2852	37	10	,	,	PUNCT
taxlaw-2852	37	11	and	and	CCONJ
taxlaw-2852	37	12	because	because	SCONJ
taxlaw-2852	37	13	the	the	DET
taxlaw-2852	37	14	corporate	corporate	ADJ
taxlaw-2852	37	15	residence	residence	NOUN
taxlaw-2852	37	16	of	of	ADP
taxlaw-2852	37	17	a	a	DET
taxlaw-2852	37	18	client	client	NOUN
taxlaw-2852	37	19	or	or	CCONJ
taxlaw-2852	37	20	affiliate	affiliate	NOUN
taxlaw-2852	37	21	is	be	AUX
taxlaw-2852	37	22	effectively	effectively	ADV
taxlaw-2852	37	23	elective	elective	ADJ
taxlaw-2852	37	24	,	,	PUNCT
taxlaw-2852	37	25	there	there	PRON
taxlaw-2852	37	26	are	be	VERB
taxlaw-2852	37	27	plenty	plenty	NOUN
taxlaw-2852	37	28	of	of	ADP
taxlaw-2852	37	29	tax	tax	NOUN
taxlaw-2852	37	30	planning	planning	NOUN
taxlaw-2852	37	31	opportunities	opportunity	NOUN
taxlaw-2852	37	32	to	to	PART
taxlaw-2852	37	33	create	create	VERB
taxlaw-2852	37	34	exports.4	exports.4	PROPN
taxlaw-2852	37	35	c.	c.	NOUN
taxlaw-2852	37	36	transforming	transform	VERB
taxlaw-2852	37	37	an	an	DET
taxlaw-2852	37	38	onshore	onshore	NOUN
taxlaw-2852	37	39	brick	brick	NOUN
taxlaw-2852	37	40	and	and	CCONJ
taxlaw-2852	37	41	mortar	mortar	NOUN
taxlaw-2852	37	42	importing	import	VERB
taxlaw-2852	37	43	business	business	NOUN
taxlaw-2852	37	44	into	into	ADP
taxlaw-2852	37	45	an	an	DET
taxlaw-2852	37	46	online	online	ADJ
taxlaw-2852	37	47	direct	direct	ADJ
taxlaw-2852	37	48	-	-	PUNCT
taxlaw-2852	37	49	order	order	NOUN
taxlaw-2852	37	50	business	business	NOUN
taxlaw-2852	37	51	conducted	conduct	VERB
taxlaw-2852	37	52	by	by	ADP
taxlaw-2852	37	53	a	a	DET
taxlaw-2852	37	54	foreign	foreign	ADJ
taxlaw-2852	37	55	subsidiary	subsidiary	NOUN
taxlaw-2852	37	56	next	next	ADV
taxlaw-2852	37	57	,	,	PUNCT
taxlaw-2852	37	58	consider	consider	VERB
taxlaw-2852	37	59	a	a	DET
taxlaw-2852	37	60	u.s	u.s	PROPN
taxlaw-2852	37	61	.	.	PROPN
taxlaw-2852	37	62	corporation	corporation	NOUN
taxlaw-2852	37	63	that	that	PRON
taxlaw-2852	37	64	is	be	AUX
taxlaw-2852	37	65	in	in	ADP
taxlaw-2852	37	66	the	the	DET
taxlaw-2852	37	67	domestic	domestic	ADJ
taxlaw-2852	37	68	retail	retail	ADJ
taxlaw-2852	37	69	sales	sale	NOUN
taxlaw-2852	37	70	business	business	NOUN
taxlaw-2852	37	71	.	.	PUNCT
taxlaw-2852	38	1	it	it	PRON
taxlaw-2852	38	2	buys	buy	VERB
taxlaw-2852	38	3	all	all	PRON
taxlaw-2852	38	4	of	of	ADP
taxlaw-2852	38	5	its	its	PRON
taxlaw-2852	38	6	products	product	NOUN
taxlaw-2852	38	7	domestically	domestically	ADV
taxlaw-2852	38	8	at	at	ADP
taxlaw-2852	38	9	wholesale	wholesale	ADJ
taxlaw-2852	38	10	prices	price	NOUN
taxlaw-2852	38	11	and	and	CCONJ
taxlaw-2852	38	12	sells	sell	VERB
taxlaw-2852	38	13	them	they	PRON
taxlaw-2852	38	14	at	at	ADP
taxlaw-2852	38	15	retail	retail	ADJ
taxlaw-2852	38	16	prices	price	NOUN
taxlaw-2852	38	17	to	to	ADP
taxlaw-2852	38	18	u.s	u.s	PROPN
taxlaw-2852	38	19	.	.	PROPN
taxlaw-2852	38	20	customers	customer	NOUN
taxlaw-2852	38	21	.	.	PUNCT
taxlaw-2852	39	1	now	now	ADV
taxlaw-2852	39	2	assume	assume	VERB
taxlaw-2852	39	3	that	that	SCONJ
taxlaw-2852	39	4	this	this	DET
taxlaw-2852	39	5	u.s	u.s	PROPN
taxlaw-2852	39	6	.	.	PROPN
taxlaw-2852	39	7	corporation	corporation	NOUN
taxlaw-2852	39	8	organizes	organize	VERB
taxlaw-2852	39	9	a	a	DET
taxlaw-2852	39	10	wholly	wholly	ADV
taxlaw-2852	39	11	-	-	PUNCT
taxlaw-2852	39	12	owned	own	VERB
taxlaw-2852	39	13	irish	irish	ADJ
taxlaw-2852	39	14	subsidiary	subsidiary	NOUN
taxlaw-2852	39	15	that	that	PRON
taxlaw-2852	39	16	qualifies	qualify	VERB
taxlaw-2852	39	17	for	for	ADP
taxlaw-2852	39	18	the	the	DET
taxlaw-2852	39	19	benefits	benefit	NOUN
taxlaw-2852	39	20	of	of	ADP
taxlaw-2852	39	21	the	the	DET
taxlaw-2852	39	22	u.s.-irish	u.s.-irish	ADJ
taxlaw-2852	39	23	tax	tax	NOUN
taxlaw-2852	39	24	treaty	treaty	NOUN
taxlaw-2852	39	25	.	.	PUNCT
taxlaw-2852	40	1	the	the	DET
taxlaw-2852	40	2	irish	irish	ADJ
taxlaw-2852	40	3	subsidiary	subsidiary	NOUN
taxlaw-2852	40	4	could	could	AUX
taxlaw-2852	40	5	buy	buy	VERB
taxlaw-2852	40	6	the	the	DET
taxlaw-2852	40	7	products	product	NOUN
taxlaw-2852	40	8	from	from	ADP
taxlaw-2852	40	9	its	its	PRON
taxlaw-2852	40	10	u.s	u.s	PROPN
taxlaw-2852	40	11	.	.	PROPN
taxlaw-2852	40	12	parent	parent	NOUN
taxlaw-2852	40	13	,	,	PUNCT
taxlaw-2852	40	14	and	and	CCONJ
taxlaw-2852	40	15	then	then	ADV
taxlaw-2852	40	16	sell	sell	VERB
taxlaw-2852	40	17	the	the	DET
taxlaw-2852	40	18	products	product	NOUN
taxlaw-2852	40	19	directly	directly	ADV
taxlaw-2852	40	20	to	to	ADP
taxlaw-2852	40	21	the	the	DET
taxlaw-2852	40	22	customers	customer	NOUN
taxlaw-2852	40	23	of	of	ADP
taxlaw-2852	40	24	its	its	PRON
taxlaw-2852	40	25	parent	parent	NOUN
taxlaw-2852	40	26	,	,	PUNCT
taxlaw-2852	40	27	with	with	ADP
taxlaw-2852	40	28	the	the	DET
taxlaw-2852	40	29	assistance	assistance	NOUN
taxlaw-2852	40	30	of	of	ADP
taxlaw-2852	40	31	an	an	DET
taxlaw-2852	40	32	independent	independent	ADJ
taxlaw-2852	40	33	agent	agent	NOUN
taxlaw-2852	40	34	located	locate	VERB
taxlaw-2852	40	35	in	in	ADP
taxlaw-2852	40	36	the	the	DET
taxlaw-2852	40	37	united	united	PROPN
taxlaw-2852	40	38	states	states	PROPN
taxlaw-2852	40	39	.	.	PUNCT
taxlaw-2852	41	1	under	under	ADP
taxlaw-2852	41	2	the	the	DET
taxlaw-2852	41	3	4	4	NUM
taxlaw-2852	41	4	the	the	DET
taxlaw-2852	41	5	oecd	oecd	PROPN
taxlaw-2852	41	6	’s	’s	PART
taxlaw-2852	41	7	international	international	ADJ
taxlaw-2852	41	8	vat	vat	NOUN
taxlaw-2852	41	9	/	/	SYM
taxlaw-2852	41	10	gst	gst	NOUN
taxlaw-2852	41	11	[	[	X
taxlaw-2852	41	12	goods	good	NOUN
taxlaw-2852	41	13	and	and	CCONJ
taxlaw-2852	41	14	services	service	NOUN
taxlaw-2852	41	15	tax	tax	NOUN
taxlaw-2852	41	16	]	]	PUNCT
taxlaw-2852	41	17	guidelines	guideline	NOUN
taxlaw-2852	41	18	would	would	AUX
taxlaw-2852	41	19	also	also	ADV
taxlaw-2852	41	20	respect	respect	VERB
taxlaw-2852	41	21	the	the	DET
taxlaw-2852	41	22	sales	sale	NOUN
taxlaw-2852	41	23	of	of	ADP
taxlaw-2852	41	24	services	service	NOUN
taxlaw-2852	41	25	and	and	CCONJ
taxlaw-2852	41	26	intangibles	intangible	NOUN
taxlaw-2852	41	27	to	to	ADP
taxlaw-2852	41	28	the	the	DET
taxlaw-2852	41	29	immediate	immediate	ADJ
taxlaw-2852	41	30	buyer	buyer	NOUN
taxlaw-2852	41	31	without	without	ADP
taxlaw-2852	41	32	looking	look	VERB
taxlaw-2852	41	33	through	through	ADP
taxlaw-2852	41	34	to	to	ADP
taxlaw-2852	41	35	subsequent	subsequent	ADJ
taxlaw-2852	41	36	users	user	NOUN
taxlaw-2852	41	37	.	.	PUNCT
taxlaw-2852	42	1	see	see	VERB
taxlaw-2852	42	2	chapter	chapter	NOUN
taxlaw-2852	42	3	3	3	NUM
taxlaw-2852	42	4	of	of	ADP
taxlaw-2852	42	5	the	the	DET
taxlaw-2852	42	6	international	international	ADJ
taxlaw-2852	42	7	vat	vat	NOUN
taxlaw-2852	42	8	/	/	SYM
taxlaw-2852	42	9	gst	gst	NOUN
taxlaw-2852	42	10	guidelines	guideline	NOUN
taxlaw-2852	42	11	,	,	PUNCT
taxlaw-2852	42	12	oecd	oecd	PROPN
taxlaw-2852	42	13	(	(	PUNCT
taxlaw-2852	42	14	nov	nov	PROPN
taxlaw-2852	42	15	.	.	PROPN
taxlaw-2852	42	16	2015	2015	NUM
taxlaw-2852	42	17	)	)	PUNCT
taxlaw-2852	42	18	,	,	PUNCT
taxlaw-2852	42	19	http://www.oecd.org/tax/consumption/international-vat-gst-guidelines.pdf	http://www.oecd.org/tax/consumption/international-vat-gst-guidelines.pdf	PROPN
taxlaw-2852	42	20	[	[	X
taxlaw-2852	42	21	perma.cc/k53k-yzk3	perma.cc/k53k-yzk3	NOUN
taxlaw-2852	42	22	]	]	X
taxlaw-2852	42	23	.	.	PUNCT
taxlaw-2852	43	1	2017	2017	NUM
taxlaw-2852	43	2	]	]	PUNCT
taxlaw-2852	43	3	tax	tax	NOUN
taxlaw-2852	43	4	planning	planning	NOUN
taxlaw-2852	43	5	299	299	NUM
taxlaw-2852	43	6	blueprint	blueprint	NOUN
taxlaw-2852	43	7	,	,	PUNCT
taxlaw-2852	43	8	the	the	DET
taxlaw-2852	43	9	u.s	u.s	PROPN
taxlaw-2852	43	10	.	.	PROPN
taxlaw-2852	43	11	corporation	corporation	NOUN
taxlaw-2852	43	12	could	could	AUX
taxlaw-2852	43	13	exclude	exclude	VERB
taxlaw-2852	43	14	the	the	DET
taxlaw-2852	43	15	gross	gross	ADJ
taxlaw-2852	43	16	proceeds	proceed	NOUN
taxlaw-2852	43	17	from	from	ADP
taxlaw-2852	43	18	the	the	DET
taxlaw-2852	43	19	export	export	NOUN
taxlaw-2852	43	20	to	to	ADP
taxlaw-2852	43	21	its	its	PRON
taxlaw-2852	43	22	irish	irish	ADJ
taxlaw-2852	43	23	subsidiary	subsidiary	NOUN
taxlaw-2852	43	24	.	.	PUNCT
taxlaw-2852	44	1	the	the	DET
taxlaw-2852	44	2	irish	irish	ADJ
taxlaw-2852	44	3	subsidiary	subsidiary	NOUN
taxlaw-2852	44	4	would	would	AUX
taxlaw-2852	44	5	avoid	avoid	VERB
taxlaw-2852	44	6	u.s	u.s	PROPN
taxlaw-2852	44	7	.	.	PROPN
taxlaw-2852	44	8	federal	federal	ADJ
taxlaw-2852	44	9	income	income	NOUN
taxlaw-2852	44	10	tax	tax	NOUN
taxlaw-2852	44	11	because	because	SCONJ
taxlaw-2852	44	12	it	it	PRON
taxlaw-2852	44	13	would	would	AUX
taxlaw-2852	44	14	not	not	PART
taxlaw-2852	44	15	have	have	VERB
taxlaw-2852	44	16	a	a	DET
taxlaw-2852	44	17	permanent	permanent	ADJ
taxlaw-2852	44	18	establishment	establishment	NOUN
taxlaw-2852	44	19	in	in	ADP
taxlaw-2852	44	20	the	the	DET
taxlaw-2852	44	21	united	united	PROPN
taxlaw-2852	44	22	states	states	PROPN
taxlaw-2852	44	23	by	by	ADP
taxlaw-2852	44	24	reason	reason	NOUN
taxlaw-2852	44	25	of	of	ADP
taxlaw-2852	44	26	all	all	DET
taxlaw-2852	44	27	activities	activity	NOUN
taxlaw-2852	44	28	being	be	AUX
taxlaw-2852	44	29	conducted	conduct	VERB
taxlaw-2852	44	30	through	through	ADP
taxlaw-2852	44	31	an	an	DET
taxlaw-2852	44	32	independent	independent	ADJ
taxlaw-2852	44	33	agent	agent	NOUN
taxlaw-2852	44	34	.	.	PUNCT
taxlaw-2852	45	1	5	5	NUM
taxlaw-2852	45	2	in	in	ADP
taxlaw-2852	45	3	fact	fact	NOUN
taxlaw-2852	45	4	,	,	PUNCT
taxlaw-2852	45	5	because	because	SCONJ
taxlaw-2852	45	6	the	the	DET
taxlaw-2852	45	7	blueprint	blueprint	NOUN
taxlaw-2852	45	8	would	would	AUX
taxlaw-2852	45	9	repeal	repeal	VERB
taxlaw-2852	45	10	the	the	DET
taxlaw-2852	45	11	foreign	foreign	ADJ
taxlaw-2852	45	12	base	base	NOUN
taxlaw-2852	45	13	company	company	NOUN
taxlaw-2852	45	14	sales	sale	NOUN
taxlaw-2852	45	15	rules,6	rules,6	VERB
taxlaw-2852	45	16	the	the	DET
taxlaw-2852	45	17	irish	irish	PROPN
taxlaw-2852	45	18	subsidiary	subsidiary	NOUN
taxlaw-2852	45	19	's	's	PART
taxlaw-2852	45	20	profits	profit	NOUN
taxlaw-2852	45	21	would	would	AUX
taxlaw-2852	45	22	not	not	PART
taxlaw-2852	45	23	be	be	AUX
taxlaw-2852	45	24	subpart	subpart	ADJ
taxlaw-2852	45	25	f	f	PROPN
taxlaw-2852	45	26	income	income	NOUN
taxlaw-2852	45	27	and	and	CCONJ
taxlaw-2852	45	28	could	could	AUX
taxlaw-2852	45	29	be	be	AUX
taxlaw-2852	45	30	repatriated	repatriate	VERB
taxlaw-2852	45	31	tax	tax	NOUN
taxlaw-2852	45	32	-	-	PUNCT
taxlaw-2852	45	33	free	free	ADJ
taxlaw-2852	45	34	to	to	ADP
taxlaw-2852	45	35	its	its	PRON
taxlaw-2852	45	36	u.s	u.s	PROPN
taxlaw-2852	45	37	.	.	PROPN
taxlaw-2852	45	38	parent	parent	NOUN
taxlaw-2852	45	39	.	.	PUNCT
taxlaw-2852	46	1	thus	thus	ADV
taxlaw-2852	46	2	,	,	PUNCT
taxlaw-2852	46	3	under	under	ADP
taxlaw-2852	46	4	the	the	DET
taxlaw-2852	46	5	blueprint	blueprint	NOUN
taxlaw-2852	46	6	,	,	PUNCT
taxlaw-2852	46	7	the	the	DET
taxlaw-2852	46	8	u.s	u.s	PROPN
taxlaw-2852	46	9	.	.	PROPN
taxlaw-2852	46	10	parent	parent	NOUN
taxlaw-2852	46	11	could	could	AUX
taxlaw-2852	46	12	avoid	avoid	VERB
taxlaw-2852	46	13	all	all	DET
taxlaw-2852	46	14	u.s	u.s	PROPN
taxlaw-2852	46	15	.	.	PROPN
taxlaw-2852	46	16	federal	federal	ADJ
taxlaw-2852	46	17	income	income	NOUN
taxlaw-2852	46	18	tax	tax	NOUN
taxlaw-2852	46	19	.	.	PUNCT
taxlaw-2852	47	1	to	to	PART
taxlaw-2852	47	2	prevent	prevent	VERB
taxlaw-2852	47	3	this	this	DET
taxlaw-2852	47	4	outcome	outcome	NOUN
taxlaw-2852	47	5	,	,	PUNCT
taxlaw-2852	47	6	the	the	DET
taxlaw-2852	47	7	united	united	PROPN
taxlaw-2852	47	8	states	states	PROPN
taxlaw-2852	47	9	would	would	AUX
taxlaw-2852	47	10	first	first	ADV
taxlaw-2852	47	11	have	have	VERB
taxlaw-2852	47	12	to	to	PART
taxlaw-2852	47	13	dramatically	dramatically	ADV
taxlaw-2852	47	14	expand	expand	VERB
taxlaw-2852	47	15	its	its	PRON
taxlaw-2852	47	16	extra	extra	ADJ
taxlaw-2852	47	17	-	-	ADJ
taxlaw-2852	47	18	territorial	territorial	ADJ
taxlaw-2852	47	19	taxing	tax	VERB
taxlaw-2852	47	20	powers	power	NOUN
taxlaw-2852	47	21	to	to	PART
taxlaw-2852	47	22	impose	impose	VERB
taxlaw-2852	47	23	a	a	DET
taxlaw-2852	47	24	20	20	NUM
taxlaw-2852	47	25	%	%	NOUN
taxlaw-2852	47	26	excise	excise	NOUN
taxlaw-2852	47	27	tax	tax	NOUN
taxlaw-2852	47	28	on	on	ADP
taxlaw-2852	47	29	the	the	DET
taxlaw-2852	47	30	price	price	NOUN
taxlaw-2852	47	31	of	of	ADP
taxlaw-2852	47	32	goods	good	NOUN
taxlaw-2852	47	33	,	,	PUNCT
taxlaw-2852	47	34	services	service	NOUN
taxlaw-2852	47	35	and	and	CCONJ
taxlaw-2852	47	36	intangibles	intangible	NOUN
taxlaw-2852	47	37	sold	sell	VERB
taxlaw-2852	47	38	by	by	ADP
taxlaw-2852	47	39	any	any	DET
taxlaw-2852	47	40	foreign	foreign	ADJ
taxlaw-2852	47	41	entity	entity	NOUN
taxlaw-2852	47	42	directly	directly	ADV
taxlaw-2852	47	43	to	to	ADP
taxlaw-2852	47	44	a	a	DET
taxlaw-2852	47	45	u.s	u.s	PROPN
taxlaw-2852	47	46	.	.	PROPN
taxlaw-2852	47	47	consumer	consumer	NOUN
taxlaw-2852	47	48	,	,	PUNCT
taxlaw-2852	47	49	regardless	regardless	ADV
taxlaw-2852	47	50	of	of	ADP
taxlaw-2852	47	51	whether	whether	SCONJ
taxlaw-2852	47	52	that	that	DET
taxlaw-2852	47	53	entity	entity	NOUN
taxlaw-2852	47	54	has	have	AUX
taxlaw-2852	47	55	a	a	DET
taxlaw-2852	47	56	physical	physical	ADJ
taxlaw-2852	47	57	presence	presence	NOUN
taxlaw-2852	47	58	in	in	ADP
taxlaw-2852	47	59	the	the	DET
taxlaw-2852	47	60	united	united	PROPN
taxlaw-2852	47	61	states	states	PROPN
taxlaw-2852	47	62	.	.	PUNCT
taxlaw-2852	48	1	additionally	additionally	ADV
taxlaw-2852	48	2	,	,	PUNCT
taxlaw-2852	48	3	the	the	DET
taxlaw-2852	48	4	united	united	PROPN
taxlaw-2852	48	5	states	states	PROPN
taxlaw-2852	48	6	would	would	AUX
taxlaw-2852	48	7	have	have	VERB
taxlaw-2852	48	8	to	to	PART
taxlaw-2852	48	9	modify	modify	VERB
taxlaw-2852	48	10	tax	tax	NOUN
taxlaw-2852	48	11	treaties	treaty	NOUN
taxlaw-2852	48	12	to	to	PART
taxlaw-2852	48	13	permit	permit	VERB
taxlaw-2852	48	14	the	the	DET
taxlaw-2852	48	15	united	united	PROPN
taxlaw-2852	48	16	states	states	PROPN
taxlaw-2852	48	17	to	to	PART
taxlaw-2852	48	18	impose	impose	VERB
taxlaw-2852	48	19	tax	tax	NOUN
taxlaw-2852	48	20	on	on	ADP
taxlaw-2852	48	21	a	a	DET
taxlaw-2852	48	22	resident	resident	NOUN
taxlaw-2852	48	23	of	of	ADP
taxlaw-2852	48	24	a	a	DET
taxlaw-2852	48	25	treaty	treaty	NOUN
taxlaw-2852	48	26	jurisdiction	jurisdiction	NOUN
taxlaw-2852	48	27	that	that	PRON
taxlaw-2852	48	28	sells	sell	VERB
taxlaw-2852	48	29	into	into	ADP
taxlaw-2852	48	30	the	the	DET
taxlaw-2852	48	31	united	united	PROPN
taxlaw-2852	48	32	states	states	PROPN
taxlaw-2852	48	33	,	,	PUNCT
taxlaw-2852	48	34	even	even	ADV
taxlaw-2852	48	35	if	if	SCONJ
taxlaw-2852	48	36	the	the	DET
taxlaw-2852	48	37	resident	resident	NOUN
taxlaw-2852	48	38	does	do	AUX
taxlaw-2852	48	39	not	not	PART
taxlaw-2852	48	40	have	have	VERB
taxlaw-2852	48	41	a	a	DET
taxlaw-2852	48	42	permanent	permanent	ADJ
taxlaw-2852	48	43	establishment	establishment	NOUN
taxlaw-2852	48	44	in	in	ADP
taxlaw-2852	48	45	the	the	DET
taxlaw-2852	48	46	united	united	PROPN
taxlaw-2852	48	47	states.7	states.7	ADJ
taxlaw-2852	48	48	enforcing	enforce	VERB
taxlaw-2852	48	49	these	these	DET
taxlaw-2852	48	50	powers	power	NOUN
taxlaw-2852	48	51	would	would	AUX
taxlaw-2852	48	52	be	be	AUX
taxlaw-2852	48	53	very	very	ADV
taxlaw-2852	48	54	difficult	difficult	ADJ
taxlaw-2852	48	55	.	.	PUNCT
taxlaw-2852	49	1	convincing	convince	VERB
taxlaw-2852	49	2	our	our	PRON
taxlaw-2852	49	3	treaty	treaty	NOUN
taxlaw-2852	49	4	partners	partner	NOUN
taxlaw-2852	49	5	to	to	PART
taxlaw-2852	49	6	agree	agree	VERB
taxlaw-2852	49	7	to	to	ADP
taxlaw-2852	49	8	these	these	DET
taxlaw-2852	49	9	changes	change	NOUN
taxlaw-2852	49	10	will	will	AUX
taxlaw-2852	49	11	be	be	AUX
taxlaw-2852	49	12	equally	equally	ADV
taxlaw-2852	49	13	difficult.8	difficult.8	PROPN
taxlaw-2852	49	14	d.	d.	PROPN
taxlaw-2852	49	15	earnings	earning	NOUN
taxlaw-2852	49	16	and	and	CCONJ
taxlaw-2852	49	17	profits	profit	NOUN
taxlaw-2852	49	18	under	under	ADP
taxlaw-2852	49	19	the	the	DET
taxlaw-2852	49	20	dbcft	dbcft	NOUN
taxlaw-2852	49	21	assume	assume	VERB
taxlaw-2852	49	22	that	that	SCONJ
taxlaw-2852	49	23	a	a	DET
taxlaw-2852	49	24	u.s	u.s	PROPN
taxlaw-2852	49	25	.	.	PROPN
taxlaw-2852	49	26	corporation	corporation	NOUN
taxlaw-2852	49	27	,	,	PUNCT
taxlaw-2852	49	28	in	in	ADP
taxlaw-2852	49	29	its	its	PRON
taxlaw-2852	49	30	first	first	ADJ
taxlaw-2852	49	31	year	year	NOUN
taxlaw-2852	49	32	of	of	ADP
taxlaw-2852	49	33	operation	operation	NOUN
taxlaw-2852	49	34	,	,	PUNCT
taxlaw-2852	49	35	receives	receive	VERB
taxlaw-2852	49	36	$	$	SYM
taxlaw-2852	49	37	100	100	NUM
taxlaw-2852	49	38	from	from	ADP
taxlaw-2852	49	39	exports	export	NOUN
taxlaw-2852	49	40	,	,	PUNCT
taxlaw-2852	49	41	and	and	CCONJ
taxlaw-2852	49	42	has	have	VERB
taxlaw-2852	49	43	total	total	ADJ
taxlaw-2852	49	44	costs	cost	NOUN
taxlaw-2852	49	45	of	of	ADP
taxlaw-2852	49	46	$	$	SYM
taxlaw-2852	49	47	85	85	NUM
taxlaw-2852	49	48	(	(	PUNCT
taxlaw-2852	49	49	but	but	CCONJ
taxlaw-2852	49	50	no	no	DET
taxlaw-2852	49	51	imports	import	NOUN
taxlaw-2852	49	52	)	)	PUNCT
taxlaw-2852	49	53	.	.	PUNCT
taxlaw-2852	50	1	it	it	PRON
taxlaw-2852	50	2	earns	earn	VERB
taxlaw-2852	50	3	economic	economic	ADJ
taxlaw-2852	50	4	income	income	NOUN
taxlaw-2852	50	5	of	of	ADP
taxlaw-2852	50	6	$	$	SYM
taxlaw-2852	50	7	15	15	NUM
taxlaw-2852	50	8	,	,	PUNCT
taxlaw-2852	50	9	but	but	CCONJ
taxlaw-2852	50	10	has	have	VERB
taxlaw-2852	50	11	a	a	DET
taxlaw-2852	50	12	tax	tax	NOUN
taxlaw-2852	50	13	loss	loss	NOUN
taxlaw-2852	50	14	of	of	ADP
taxlaw-2852	50	15	$	$	SYM
taxlaw-2852	50	16	85	85	NUM
taxlaw-2852	50	17	(	(	PUNCT
taxlaw-2852	50	18	because	because	SCONJ
taxlaw-2852	50	19	it	it	PRON
taxlaw-2852	50	20	is	be	AUX
taxlaw-2852	50	21	able	able	ADJ
taxlaw-2852	50	22	to	to	PART
taxlaw-2852	50	23	exclude	exclude	VERB
taxlaw-2852	50	24	the	the	DET
taxlaw-2852	50	25	$	$	SYM
taxlaw-2852	50	26	100	100	NUM
taxlaw-2852	50	27	of	of	ADP
taxlaw-2852	50	28	export	export	NOUN
taxlaw-2852	50	29	revenue	revenue	NOUN
taxlaw-2852	50	30	)	)	PUNCT
taxlaw-2852	50	31	.	.	PUNCT
taxlaw-2852	51	1	now	now	ADV
taxlaw-2852	51	2	assume	assume	VERB
taxlaw-2852	51	3	the	the	DET
taxlaw-2852	51	4	corporation	corporation	NOUN
taxlaw-2852	51	5	distributes	distribute	VERB
taxlaw-2852	51	6	all	all	PRON
taxlaw-2852	51	7	of	of	ADP
taxlaw-2852	51	8	its	its	PRON
taxlaw-2852	51	9	revenue	revenue	NOUN
taxlaw-2852	51	10	.	.	PUNCT
taxlaw-2852	52	1	under	under	ADP
taxlaw-2852	52	2	our	our	PRON
taxlaw-2852	52	3	current	current	ADJ
taxlaw-2852	52	4	income	income	NOUN
taxlaw-2852	52	5	5	5	NUM
taxlaw-2852	52	6	see	see	VERB
taxlaw-2852	52	7	convention	convention	NOUN
taxlaw-2852	52	8	for	for	ADP
taxlaw-2852	52	9	the	the	DET
taxlaw-2852	52	10	avoidance	avoidance	NOUN
taxlaw-2852	52	11	of	of	ADP
taxlaw-2852	52	12	double	double	ADJ
taxlaw-2852	52	13	taxation	taxation	NOUN
taxlaw-2852	52	14	and	and	CCONJ
taxlaw-2852	52	15	the	the	DET
taxlaw-2852	52	16	prevention	prevention	NOUN
taxlaw-2852	52	17	of	of	ADP
taxlaw-2852	52	18	fiscal	fiscal	ADJ
taxlaw-2852	52	19	evasion	evasion	NOUN
taxlaw-2852	52	20	with	with	ADP
taxlaw-2852	52	21	respect	respect	NOUN
taxlaw-2852	52	22	to	to	ADP
taxlaw-2852	52	23	taxes	taxis	NOUN
taxlaw-2852	52	24	on	on	ADP
taxlaw-2852	52	25	income	income	NOUN
taxlaw-2852	52	26	and	and	CCONJ
taxlaw-2852	52	27	capital	capital	NOUN
taxlaw-2852	52	28	gains	gain	NOUN
taxlaw-2852	52	29	,	,	PUNCT
taxlaw-2852	52	30	u.s.-ir	u.s.-ir	NOUN
taxlaw-2852	52	31	.	.	NOUN
taxlaw-2852	52	32	,	,	PUNCT
taxlaw-2852	52	33	art	art	NOUN
taxlaw-2852	52	34	.	.	PUNCT
taxlaw-2852	53	1	5	5	NUM
taxlaw-2852	53	2	,	,	PUNCT
taxlaw-2852	53	3	july	july	PROPN
taxlaw-2852	53	4	28	28	NUM
taxlaw-2852	53	5	,	,	PUNCT
taxlaw-2852	53	6	1997	1997	NUM
taxlaw-2852	53	7	,	,	PUNCT
taxlaw-2852	53	8	s.	s.	PROPN
taxlaw-2852	53	9	treaty	treaty	PROPN
taxlaw-2852	53	10	doc	doc	PROPN
taxlaw-2852	53	11	.	.	PUNCT
taxlaw-2852	54	1	no	no	INTJ
taxlaw-2852	54	2	.	.	NOUN
taxlaw-2852	55	1	105	105	NUM
taxlaw-2852	55	2	-	-	SYM
taxlaw-2852	55	3	31	31	NUM
taxlaw-2852	55	4	(	(	PUNCT
taxlaw-2852	55	5	1997	1997	NUM
taxlaw-2852	55	6	)	)	PUNCT
taxlaw-2852	55	7	;	;	PUNCT
taxlaw-2852	55	8	i	i	PRON
taxlaw-2852	55	9	d.	d.	PROPN
taxlaw-2852	55	10	at	at	ADP
taxlaw-2852	55	11	art	art	NOUN
taxlaw-2852	55	12	6	6	NUM
taxlaw-2852	55	13	(	(	PUNCT
taxlaw-2852	55	14	an	an	DET
taxlaw-2852	55	15	enterprise	enterprise	NOUN
taxlaw-2852	55	16	does	do	AUX
taxlaw-2852	55	17	not	not	PART
taxlaw-2852	55	18	have	have	AUX
taxlaw-2852	55	19	a	a	DET
taxlaw-2852	55	20	permanent	permanent	ADJ
taxlaw-2852	55	21	establishment	establishment	NOUN
taxlaw-2852	55	22	merely	merely	ADV
taxlaw-2852	55	23	by	by	ADP
taxlaw-2852	55	24	carrying	carry	VERB
taxlaw-2852	55	25	on	on	ADP
taxlaw-2852	55	26	business	business	NOUN
taxlaw-2852	55	27	through	through	ADP
taxlaw-2852	55	28	a	a	DET
taxlaw-2852	55	29	broker	broker	NOUN
taxlaw-2852	55	30	or	or	CCONJ
taxlaw-2852	55	31	agent	agent	NOUN
taxlaw-2852	55	32	of	of	ADP
taxlaw-2852	55	33	independent	independent	ADJ
taxlaw-2852	55	34	status	status	NOUN
taxlaw-2852	55	35	)	)	PUNCT
taxlaw-2852	55	36	;	;	PUNCT
taxlaw-2852	55	37	i	i	PRON
taxlaw-2852	55	38	d.	d.	PROPN
taxlaw-2852	55	39	at	at	ADP
taxlaw-2852	55	40	art	art	NOUN
taxlaw-2852	55	41	.	.	PUNCT
taxlaw-2852	56	1	7	7	NUM
taxlaw-2852	56	2	(	(	PUNCT
taxlaw-2852	56	3	profits	profit	NOUN
taxlaw-2852	56	4	of	of	ADP
taxlaw-2852	56	5	an	an	DET
taxlaw-2852	56	6	enterprise	enterprise	NOUN
taxlaw-2852	56	7	are	be	AUX
taxlaw-2852	56	8	taxable	taxable	ADJ
taxlaw-2852	56	9	by	by	ADP
taxlaw-2852	56	10	the	the	DET
taxlaw-2852	56	11	other	other	ADJ
taxlaw-2852	56	12	contracting	contracting	NOUN
taxlaw-2852	56	13	state	state	NOUN
taxlaw-2852	56	14	only	only	ADV
taxlaw-2852	56	15	if	if	SCONJ
taxlaw-2852	56	16	carrying	carry	VERB
taxlaw-2852	56	17	on	on	ADP
taxlaw-2852	56	18	business	business	NOUN
taxlaw-2852	56	19	through	through	ADP
taxlaw-2852	56	20	a	a	DET
taxlaw-2852	56	21	permanent	permanent	ADJ
taxlaw-2852	56	22	establishment	establishment	NOUN
taxlaw-2852	56	23	situated	situate	VERB
taxlaw-2852	56	24	in	in	ADP
taxlaw-2852	56	25	that	that	DET
taxlaw-2852	56	26	state	state	NOUN
taxlaw-2852	56	27	)	)	PUNCT
taxlaw-2852	56	28	.	.	PUNCT
taxlaw-2852	57	1	best	good	ADJ
taxlaw-2852	57	2	buy	buy	VERB
taxlaw-2852	57	3	argues	argue	VERB
taxlaw-2852	57	4	that	that	SCONJ
taxlaw-2852	57	5	china	china	PROPN
taxlaw-2852	57	6	’s	’s	PART
taxlaw-2852	57	7	alibaba	alibaba	PROPN
taxlaw-2852	57	8	would	would	AUX
taxlaw-2852	57	9	be	be	AUX
taxlaw-2852	57	10	able	able	ADJ
taxlaw-2852	57	11	to	to	PART
taxlaw-2852	57	12	avoid	avoid	VERB
taxlaw-2852	57	13	the	the	DET
taxlaw-2852	57	14	tax	tax	NOUN
taxlaw-2852	57	15	by	by	ADP
taxlaw-2852	57	16	making	make	VERB
taxlaw-2852	57	17	sales	sale	NOUN
taxlaw-2852	57	18	online	online	ADV
taxlaw-2852	57	19	and	and	CCONJ
taxlaw-2852	57	20	shipping	shipping	NOUN
taxlaw-2852	57	21	to	to	ADP
taxlaw-2852	57	22	u.s	u.s	PROPN
taxlaw-2852	57	23	.	.	PROPN
taxlaw-2852	57	24	consumers	consumer	NOUN
taxlaw-2852	57	25	directly	directly	ADV
taxlaw-2852	57	26	.	.	PUNCT
taxlaw-2852	58	1	ginger	ginger	PROPN
taxlaw-2852	58	2	gibson	gibson	PROPN
taxlaw-2852	58	3	&	&	CCONJ
taxlaw-2852	58	4	david	david	PROPN
taxlaw-2852	58	5	shepardson	shepardson	PROPN
taxlaw-2852	58	6	,	,	PUNCT
taxlaw-2852	58	7	how	how	SCONJ
taxlaw-2852	58	8	toyota	toyota	ADJ
taxlaw-2852	58	9	,	,	PUNCT
taxlaw-2852	58	10	target	target	NOUN
taxlaw-2852	58	11	,	,	PUNCT
taxlaw-2852	58	12	best	good	ADJ
taxlaw-2852	58	13	buy	buy	VERB
taxlaw-2852	58	14	are	be	AUX
taxlaw-2852	58	15	fighting	fight	VERB
taxlaw-2852	58	16	back	back	ADV
taxlaw-2852	58	17	against	against	ADP
taxlaw-2852	58	18	republican	republican	ADJ
taxlaw-2852	58	19	border	border	NOUN
taxlaw-2852	58	20	tax	tax	NOUN
taxlaw-2852	58	21	push	push	NOUN
taxlaw-2852	58	22	,	,	PUNCT
taxlaw-2852	58	23	reuters	reuters	PROPN
taxlaw-2852	58	24	(	(	PUNCT
taxlaw-2852	58	25	jan	jan	PROPN
taxlaw-2852	58	26	.	.	PROPN
taxlaw-2852	58	27	31	31	NUM
taxlaw-2852	58	28	,	,	PUNCT
taxlaw-2852	58	29	2017	2017	NUM
taxlaw-2852	58	30	)	)	PUNCT
taxlaw-2852	58	31	,	,	PUNCT
taxlaw-2852	58	32	http://www.reuters.com/article/us-usa-trump-companiestax-insight-iduskbn15f0fk	http://www.reuters.com/article/us-usa-trump-companiestax-insight-iduskbn15f0fk	X
taxlaw-2852	59	1	[	[	X
taxlaw-2852	59	2	perma.cc/7qdx-ac4	perma.cc/7qdx-ac4	VERB
taxlaw-2852	59	3	g	g	NOUN
taxlaw-2852	59	4	]	]	PUNCT
taxlaw-2852	59	5	.	.	PROPN
taxlaw-2852	60	1	6	6	NUM
taxlaw-2852	60	2	supra	supra	NOUN
taxlaw-2852	60	3	note	note	NOUN
taxlaw-2852	60	4	1	1	NUM
taxlaw-2852	60	5	at	at	ADP
taxlaw-2852	60	6	29	29	NUM
taxlaw-2852	60	7	.	.	PUNCT
taxlaw-2852	60	8	7	7	NUM
taxlaw-2852	60	9	reuven	reuven	PROPN
taxlaw-2852	60	10	s.	s.	PROPN
taxlaw-2852	60	11	avi	avi	PROPN
taxlaw-2852	60	12	-	-	PUNCT
taxlaw-2852	60	13	yonah	yonah	ADJ
taxlaw-2852	60	14	,	,	PUNCT
taxlaw-2852	60	15	&	&	CCONJ
taxlaw-2852	60	16	kimberly	kimberly	PROPN
taxlaw-2852	60	17	clausing	clausing	PROPN
taxlaw-2852	60	18	,	,	PUNCT
taxlaw-2852	60	19	problems	problem	NOUN
taxlaw-2852	60	20	with	with	ADP
taxlaw-2852	60	21	destination	destination	NOUN
taxlaw-2852	60	22	-	-	PUNCT
taxlaw-2852	60	23	based	base	VERB
taxlaw-2852	60	24	corporate	corporate	ADJ
taxlaw-2852	60	25	taxes	taxis	NOUN
taxlaw-2852	60	26	and	and	CCONJ
taxlaw-2852	60	27	the	the	DET
taxlaw-2852	60	28	ryan	ryan	PROPN
taxlaw-2852	60	29	blueprint	blueprint	NOUN
taxlaw-2852	60	30	,	,	PUNCT
taxlaw-2852	60	31	8	8	NUM
taxlaw-2852	60	32	colum	colum	NOUN
taxlaw-2852	60	33	.	.	PUNCT
taxlaw-2852	61	1	j.	j.	PROPN
taxlaw-2852	61	2	tax	tax	PROPN
taxlaw-2852	61	3	l.	l.	PROPN
taxlaw-2852	61	4	229	229	NUM
taxlaw-2852	61	5	(	(	PUNCT
taxlaw-2852	61	6	2017	2017	NUM
taxlaw-2852	61	7	)	)	PUNCT
taxlaw-2852	61	8	.	.	PUNCT
taxlaw-2852	62	1	8	8	NUM
taxlaw-2852	62	2	see	see	VERB
taxlaw-2852	62	3	david	david	PROPN
taxlaw-2852	62	4	p.	p.	PROPN
taxlaw-2852	62	5	hariton	hariton	PROPN
taxlaw-2852	62	6	,	,	PUNCT
taxlaw-2852	62	7	planning	plan	VERB
taxlaw-2852	62	8	for	for	ADP
taxlaw-2852	62	9	border	border	NOUN
taxlaw-2852	62	10	adjustments	adjustment	NOUN
taxlaw-2852	62	11	:	:	PUNCT
taxlaw-2852	62	12	a	a	DET
taxlaw-2852	62	13	practical	practical	ADJ
taxlaw-2852	62	14	analysis	analysis	NOUN
taxlaw-2852	62	15	,	,	PUNCT
taxlaw-2852	62	16	154	154	NUM
taxlaw-2852	62	17	tax	tax	NOUN
taxlaw-2852	62	18	notes	note	NOUN
taxlaw-2852	62	19	965	965	NUM
taxlaw-2852	62	20	(	(	PUNCT
taxlaw-2852	62	21	2017	2017	NUM
taxlaw-2852	62	22	)	)	PUNCT
taxlaw-2852	62	23	.	.	PUNCT
taxlaw-2852	63	1	300	300	NUM
taxlaw-2852	63	2	columbia	columbia	PROPN
taxlaw-2852	63	3	journal	journal	PROPN
taxlaw-2852	63	4	of	of	ADP
taxlaw-2852	63	5	tax	tax	NOUN
taxlaw-2852	63	6	law	law	NOUN
taxlaw-2852	63	7	[	[	X
taxlaw-2852	63	8	vol.8:295	vol.8:295	NOUN
taxlaw-2852	63	9	tax	tax	NOUN
taxlaw-2852	63	10	system	system	NOUN
taxlaw-2852	63	11	,	,	PUNCT
taxlaw-2852	63	12	if	if	SCONJ
taxlaw-2852	63	13	a	a	DET
taxlaw-2852	63	14	corporation	corporation	NOUN
taxlaw-2852	63	15	has	have	VERB
taxlaw-2852	63	16	a	a	DET
taxlaw-2852	63	17	tax	tax	NOUN
taxlaw-2852	63	18	loss	loss	NOUN
taxlaw-2852	63	19	in	in	ADP
taxlaw-2852	63	20	its	its	PRON
taxlaw-2852	63	21	first	first	ADJ
taxlaw-2852	63	22	year	year	NOUN
taxlaw-2852	63	23	of	of	ADP
taxlaw-2852	63	24	operation	operation	NOUN
taxlaw-2852	63	25	and	and	CCONJ
taxlaw-2852	63	26	makes	make	VERB
taxlaw-2852	63	27	a	a	DET
taxlaw-2852	63	28	distribution	distribution	NOUN
taxlaw-2852	63	29	,	,	PUNCT
taxlaw-2852	63	30	the	the	DET
taxlaw-2852	63	31	distribution	distribution	NOUN
taxlaw-2852	63	32	is	be	AUX
taxlaw-2852	63	33	treated	treat	VERB
taxlaw-2852	63	34	as	as	ADP
taxlaw-2852	63	35	a	a	DET
taxlaw-2852	63	36	return	return	NOUN
taxlaw-2852	63	37	of	of	ADP
taxlaw-2852	63	38	capital	capital	NOUN
taxlaw-2852	63	39	(	(	PUNCT
taxlaw-2852	63	40	because	because	SCONJ
taxlaw-2852	63	41	generally	generally	ADV
taxlaw-2852	63	42	a	a	DET
taxlaw-2852	63	43	tax	tax	NOUN
taxlaw-2852	63	44	loss	loss	NOUN
taxlaw-2852	63	45	also	also	ADV
taxlaw-2852	63	46	means	mean	VERB
taxlaw-2852	63	47	a	a	DET
taxlaw-2852	63	48	deficit	deficit	NOUN
taxlaw-2852	63	49	in	in	ADP
taxlaw-2852	63	50	earnings	earning	NOUN
taxlaw-2852	63	51	and	and	CCONJ
taxlaw-2852	63	52	profits	profit	NOUN
taxlaw-2852	63	53	)	)	PUNCT
taxlaw-2852	63	54	.	.	PUNCT
taxlaw-2852	64	1	what	what	PRON
taxlaw-2852	64	2	result	result	VERB
taxlaw-2852	64	3	under	under	ADP
taxlaw-2852	64	4	the	the	DET
taxlaw-2852	64	5	dbcft	dbcft	NOUN
taxlaw-2852	64	6	?	?	PUNCT
taxlaw-2852	65	1	the	the	DET
taxlaw-2852	65	2	blueprint	blueprint	NOUN
taxlaw-2852	65	3	is	be	AUX
taxlaw-2852	65	4	silent	silent	ADJ
taxlaw-2852	65	5	but	but	CCONJ
taxlaw-2852	65	6	my	my	PRON
taxlaw-2852	65	7	guess	guess	NOUN
taxlaw-2852	65	8	is	be	AUX
taxlaw-2852	65	9	that	that	SCONJ
taxlaw-2852	65	10	distributions	distribution	NOUN
taxlaw-2852	65	11	,	,	PUNCT
taxlaw-2852	65	12	to	to	ADP
taxlaw-2852	65	13	the	the	DET
taxlaw-2852	65	14	extent	extent	NOUN
taxlaw-2852	65	15	of	of	ADP
taxlaw-2852	65	16	earnings	earning	NOUN
taxlaw-2852	65	17	and	and	CCONJ
taxlaw-2852	65	18	profits	profit	NOUN
taxlaw-2852	65	19	(	(	PUNCT
taxlaw-2852	65	20	determined	determine	VERB
taxlaw-2852	65	21	under	under	ADP
taxlaw-2852	65	22	current	current	ADJ
taxlaw-2852	65	23	rules	rule	NOUN
taxlaw-2852	65	24	)	)	PUNCT
taxlaw-2852	65	25	,	,	PUNCT
taxlaw-2852	65	26	would	would	AUX
taxlaw-2852	65	27	be	be	AUX
taxlaw-2852	65	28	treated	treat	VERB
taxlaw-2852	65	29	as	as	ADP
taxlaw-2852	65	30	dividends	dividend	NOUN
taxlaw-2852	65	31	.	.	PUNCT
taxlaw-2852	66	1	if	if	SCONJ
taxlaw-2852	66	2	the	the	DET
taxlaw-2852	66	3	dollar	dollar	NOUN
taxlaw-2852	66	4	appreciates	appreciate	VERB
taxlaw-2852	66	5	to	to	PART
taxlaw-2852	66	6	neutralize	neutralize	VERB
taxlaw-2852	66	7	the	the	DET
taxlaw-2852	66	8	effect	effect	NOUN
taxlaw-2852	66	9	of	of	ADP
taxlaw-2852	66	10	a	a	DET
taxlaw-2852	66	11	dbcft	dbcft	NOUN
taxlaw-2852	66	12	,	,	PUNCT
taxlaw-2852	66	13	and	and	CCONJ
taxlaw-2852	66	14	exporters	exporter	NOUN
taxlaw-2852	66	15	can	can	AUX
taxlaw-2852	66	16	fully	fully	ADV
taxlaw-2852	66	17	use	use	VERB
taxlaw-2852	66	18	their	their	PRON
taxlaw-2852	66	19	losses	loss	NOUN
taxlaw-2852	66	20	,	,	PUNCT
taxlaw-2852	66	21	then	then	ADV
taxlaw-2852	66	22	importers	importer	NOUN
taxlaw-2852	66	23	,	,	PUNCT
taxlaw-2852	66	24	exporters	exporter	NOUN
taxlaw-2852	66	25	,	,	PUNCT
taxlaw-2852	66	26	and	and	CCONJ
taxlaw-2852	66	27	wholly	wholly	ADV
taxlaw-2852	66	28	domestic	domestic	ADJ
taxlaw-2852	66	29	businesses	business	NOUN
taxlaw-2852	66	30	should	should	AUX
taxlaw-2852	66	31	have	have	VERB
taxlaw-2852	66	32	the	the	DET
taxlaw-2852	66	33	same	same	ADJ
taxlaw-2852	66	34	amount	amount	NOUN
taxlaw-2852	66	35	of	of	ADP
taxlaw-2852	66	36	after	after	ADP
taxlaw-2852	66	37	-	-	PUNCT
taxlaw-2852	66	38	tax	tax	NOUN
taxlaw-2852	66	39	income	income	NOUN
taxlaw-2852	66	40	after	after	ADP
taxlaw-2852	66	41	a	a	DET
taxlaw-2852	66	42	border	border	NOUN
taxlaw-2852	66	43	adjustment	adjustment	NOUN
taxlaw-2852	66	44	as	as	SCONJ
taxlaw-2852	66	45	they	they	PRON
taxlaw-2852	66	46	did	do	VERB
taxlaw-2852	66	47	before	before	ADP
taxlaw-2852	66	48	the	the	DET
taxlaw-2852	66	49	enactment	enactment	NOUN
taxlaw-2852	66	50	.	.	PUNCT
taxlaw-2852	67	1	in	in	ADP
taxlaw-2852	67	2	that	that	DET
taxlaw-2852	67	3	case	case	NOUN
taxlaw-2852	67	4	,	,	PUNCT
taxlaw-2852	67	5	the	the	DET
taxlaw-2852	67	6	shareholders	shareholder	NOUN
taxlaw-2852	67	7	who	who	PRON
taxlaw-2852	67	8	receive	receive	VERB
taxlaw-2852	67	9	equal	equal	ADJ
taxlaw-2852	67	10	distributions	distribution	NOUN
taxlaw-2852	67	11	from	from	ADP
taxlaw-2852	67	12	equally	equally	ADV
taxlaw-2852	67	13	profitable	profitable	ADJ
taxlaw-2852	67	14	start	start	VERB
taxlaw-2852	67	15	-	-	PUNCT
taxlaw-2852	67	16	up	up	ADP
taxlaw-2852	67	17	companies	company	NOUN
taxlaw-2852	67	18	should	should	AUX
taxlaw-2852	67	19	be	be	AUX
taxlaw-2852	67	20	taxable	taxable	ADJ
taxlaw-2852	67	21	the	the	DET
taxlaw-2852	67	22	same	same	ADJ
taxlaw-2852	67	23	,	,	PUNCT
taxlaw-2852	67	24	regardless	regardless	ADV
taxlaw-2852	67	25	of	of	ADP
taxlaw-2852	67	26	whether	whether	SCONJ
taxlaw-2852	67	27	the	the	DET
taxlaw-2852	67	28	companies	company	NOUN
taxlaw-2852	67	29	are	be	AUX
taxlaw-2852	67	30	importers	importer	NOUN
taxlaw-2852	67	31	,	,	PUNCT
taxlaw-2852	67	32	exporters	exporter	NOUN
taxlaw-2852	67	33	,	,	PUNCT
taxlaw-2852	67	34	or	or	CCONJ
taxlaw-2852	67	35	wholly	wholly	ADV
taxlaw-2852	67	36	domestic	domestic	ADJ
taxlaw-2852	67	37	.	.	PUNCT
taxlaw-2852	68	1	shareholders	shareholder	NOUN
taxlaw-2852	68	2	would	would	AUX
taxlaw-2852	68	3	be	be	AUX
taxlaw-2852	68	4	taxable	taxable	ADJ
taxlaw-2852	68	5	on	on	ADP
taxlaw-2852	68	6	an	an	DET
taxlaw-2852	68	7	income	income	NOUN
taxlaw-2852	68	8	tax	tax	NOUN
taxlaw-2852	68	9	basis	basis	NOUN
taxlaw-2852	68	10	with	with	ADP
taxlaw-2852	68	11	respect	respect	NOUN
taxlaw-2852	68	12	to	to	ADP
taxlaw-2852	68	13	their	their	PRON
taxlaw-2852	68	14	investment	investment	NOUN
taxlaw-2852	68	15	income	income	NOUN
taxlaw-2852	68	16	under	under	ADP
taxlaw-2852	68	17	the	the	DET
taxlaw-2852	68	18	dbcft	dbcft	NOUN
taxlaw-2852	68	19	,	,	PUNCT
taxlaw-2852	68	20	and	and	CCONJ
taxlaw-2852	68	21	so	so	ADV
taxlaw-2852	68	22	dividends	dividend	NOUN
taxlaw-2852	68	23	should	should	AUX
taxlaw-2852	68	24	be	be	AUX
taxlaw-2852	68	25	determined	determine	VERB
taxlaw-2852	68	26	under	under	ADP
taxlaw-2852	68	27	the	the	DET
taxlaw-2852	68	28	same	same	ADJ
taxlaw-2852	68	29	rules	rule	NOUN
taxlaw-2852	68	30	as	as	ADP
taxlaw-2852	68	31	today	today	NOUN
taxlaw-2852	68	32	.	.	PUNCT
taxlaw-2852	69	1	however	however	ADV
taxlaw-2852	69	2	,	,	PUNCT
taxlaw-2852	69	3	to	to	PART
taxlaw-2852	69	4	achieve	achieve	VERB
taxlaw-2852	69	5	this	this	DET
taxlaw-2852	69	6	result	result	NOUN
taxlaw-2852	69	7	under	under	ADP
taxlaw-2852	69	8	the	the	DET
taxlaw-2852	69	9	dbcft	dbcft	NOUN
taxlaw-2852	69	10	,	,	PUNCT
taxlaw-2852	69	11	corporations	corporation	NOUN
taxlaw-2852	69	12	would	would	AUX
taxlaw-2852	69	13	have	have	VERB
taxlaw-2852	69	14	to	to	PART
taxlaw-2852	69	15	keep	keep	VERB
taxlaw-2852	69	16	two	two	NUM
taxlaw-2852	69	17	tax	tax	NOUN
taxlaw-2852	69	18	books	book	NOUN
taxlaw-2852	69	19	.	.	PUNCT
taxlaw-2852	70	1	one	one	NUM
taxlaw-2852	70	2	set	set	NOUN
taxlaw-2852	70	3	of	of	ADP
taxlaw-2852	70	4	books	book	NOUN
taxlaw-2852	70	5	would	would	AUX
taxlaw-2852	70	6	be	be	AUX
taxlaw-2852	70	7	kept	keep	VERB
taxlaw-2852	70	8	on	on	ADP
taxlaw-2852	70	9	a	a	DET
taxlaw-2852	70	10	cash	cash	NOUN
taxlaw-2852	70	11	flow	flow	NOUN
taxlaw-2852	70	12	basis	basis	NOUN
taxlaw-2852	70	13	to	to	PART
taxlaw-2852	70	14	determine	determine	VERB
taxlaw-2852	70	15	corporate	corporate	ADJ
taxlaw-2852	70	16	-	-	PUNCT
taxlaw-2852	70	17	level	level	NOUN
taxlaw-2852	70	18	tax	tax	NOUN
taxlaw-2852	70	19	.	.	PUNCT
taxlaw-2852	71	1	the	the	DET
taxlaw-2852	71	2	second	second	NOUN
taxlaw-2852	71	3	would	would	AUX
taxlaw-2852	71	4	be	be	AUX
taxlaw-2852	71	5	on	on	ADP
taxlaw-2852	71	6	an	an	DET
taxlaw-2852	71	7	income	income	NOUN
taxlaw-2852	71	8	tax	tax	NOUN
taxlaw-2852	71	9	basis	basis	NOUN
taxlaw-2852	71	10	to	to	PART
taxlaw-2852	71	11	determine	determine	VERB
taxlaw-2852	71	12	earnings	earning	NOUN
taxlaw-2852	71	13	and	and	CCONJ
taxlaw-2852	71	14	profits.9	profits.9	NOUN
taxlaw-2852	71	15	as	as	SCONJ
taxlaw-2852	71	16	explained	explain	VERB
taxlaw-2852	71	17	in	in	ADP
taxlaw-2852	71	18	the	the	DET
taxlaw-2852	71	19	next	next	ADJ
taxlaw-2852	71	20	part	part	NOUN
taxlaw-2852	71	21	,	,	PUNCT
taxlaw-2852	71	22	the	the	DET
taxlaw-2852	71	23	retention	retention	NOUN
taxlaw-2852	71	24	of	of	ADP
taxlaw-2852	71	25	the	the	DET
taxlaw-2852	71	26	earnings	earning	NOUN
taxlaw-2852	71	27	and	and	CCONJ
taxlaw-2852	71	28	profits	profit	NOUN
taxlaw-2852	71	29	concept	concept	NOUN
taxlaw-2852	71	30	permits	permit	VERB
taxlaw-2852	71	31	tax	tax	NOUN
taxlaw-2852	71	32	planning	planning	NOUN
taxlaw-2852	71	33	opportunities	opportunity	NOUN
taxlaw-2852	71	34	that	that	PRON
taxlaw-2852	71	35	do	do	AUX
taxlaw-2852	71	36	not	not	PART
taxlaw-2852	71	37	exist	exist	VERB
taxlaw-2852	71	38	under	under	ADP
taxlaw-2852	71	39	a	a	DET
taxlaw-2852	71	40	“	"	PUNCT
taxlaw-2852	71	41	pure	pure	ADJ
taxlaw-2852	71	42	”	"	PUNCT
taxlaw-2852	71	43	dbcft	dbcft	NOUN
taxlaw-2852	71	44	.	.	PUNCT
taxlaw-2852	72	1	e.	e.	PROPN
taxlaw-2852	72	2	using	use	VERB
taxlaw-2852	72	3	corporate	corporate	ADJ
taxlaw-2852	72	4	inversions	inversion	NOUN
taxlaw-2852	72	5	corporate	corporate	ADJ
taxlaw-2852	72	6	inversions	inversion	NOUN
taxlaw-2852	72	7	will	will	AUX
taxlaw-2852	72	8	still	still	ADV
taxlaw-2852	72	9	have	have	VERB
taxlaw-2852	72	10	benefits	benefit	NOUN
taxlaw-2852	72	11	under	under	ADP
taxlaw-2852	72	12	the	the	DET
taxlaw-2852	72	13	blueprint	blueprint	NOUN
taxlaw-2852	72	14	.	.	PUNCT
taxlaw-2852	73	1	for	for	ADP
taxlaw-2852	73	2	example	example	NOUN
taxlaw-2852	73	3	,	,	PUNCT
taxlaw-2852	73	4	an	an	DET
taxlaw-2852	73	5	irish	irish	ADJ
taxlaw-2852	73	6	parent	parent	NOUN
taxlaw-2852	73	7	could	could	AUX
taxlaw-2852	73	8	raise	raise	VERB
taxlaw-2852	73	9	debt	debt	NOUN
taxlaw-2852	73	10	financing	financing	NOUN
taxlaw-2852	73	11	(	(	PUNCT
taxlaw-2852	73	12	and	and	CCONJ
taxlaw-2852	73	13	deduct	deduct	VERB
taxlaw-2852	73	14	the	the	DET
taxlaw-2852	73	15	interest	interest	NOUN
taxlaw-2852	73	16	)	)	PUNCT
taxlaw-2852	73	17	to	to	PART
taxlaw-2852	73	18	fund	fund	VERB
taxlaw-2852	73	19	its	its	PRON
taxlaw-2852	73	20	u.s	u.s	PROPN
taxlaw-2852	73	21	.	.	PROPN
taxlaw-2852	73	22	subsidiary	subsidiary	PROPN
taxlaw-2852	73	23	’s	’s	PART
taxlaw-2852	73	24	deductible	deductible	ADJ
taxlaw-2852	73	25	capital	capital	NOUN
taxlaw-2852	73	26	investments	investment	NOUN
taxlaw-2852	73	27	.	.	PUNCT
taxlaw-2852	74	1	the	the	DET
taxlaw-2852	74	2	u.s	u.s	PROPN
taxlaw-2852	74	3	.	.	PROPN
taxlaw-2852	74	4	subsidiary	subsidiary	NOUN
taxlaw-2852	74	5	could	could	AUX
taxlaw-2852	74	6	develop	develop	VERB
taxlaw-2852	74	7	intellectual	intellectual	ADJ
taxlaw-2852	74	8	property	property	NOUN
taxlaw-2852	74	9	and	and	CCONJ
taxlaw-2852	74	10	sell	sell	VERB
taxlaw-2852	74	11	the	the	DET
taxlaw-2852	74	12	foreign	foreign	ADJ
taxlaw-2852	74	13	rights	right	NOUN
taxlaw-2852	74	14	to	to	ADP
taxlaw-2852	74	15	the	the	DET
taxlaw-2852	74	16	irish	irish	ADJ
taxlaw-2852	74	17	parent	parent	NOUN
taxlaw-2852	74	18	on	on	ADP
taxlaw-2852	74	19	a	a	DET
taxlaw-2852	74	20	tax	tax	NOUN
taxlaw-2852	74	21	-	-	PUNCT
taxlaw-2852	74	22	free	free	ADJ
taxlaw-2852	74	23	basis	basis	NOUN
taxlaw-2852	74	24	,	,	PUNCT
taxlaw-2852	74	25	and	and	CCONJ
taxlaw-2852	74	26	the	the	DET
taxlaw-2852	74	27	irish	irish	ADJ
taxlaw-2852	74	28	parent	parent	NOUN
taxlaw-2852	74	29	would	would	AUX
taxlaw-2852	74	30	amortize	amortize	VERB
taxlaw-2852	74	31	the	the	DET
taxlaw-2852	74	32	purchase	purchase	NOUN
taxlaw-2852	74	33	price	price	NOUN
taxlaw-2852	74	34	and	and	CCONJ
taxlaw-2852	74	35	deduct	deduct	VERB
taxlaw-2852	74	36	the	the	DET
taxlaw-2852	74	37	interest	interest	NOUN
taxlaw-2852	74	38	to	to	PART
taxlaw-2852	74	39	reduce	reduce	VERB
taxlaw-2852	74	40	its	its	PRON
taxlaw-2852	74	41	earnings	earning	NOUN
taxlaw-2852	74	42	and	and	CCONJ
taxlaw-2852	74	43	profits	profit	NOUN
taxlaw-2852	74	44	.	.	PUNCT
taxlaw-2852	75	1	for	for	ADP
taxlaw-2852	75	2	example	example	NOUN
taxlaw-2852	75	3	,	,	PUNCT
taxlaw-2852	75	4	assume	assume	VERB
taxlaw-2852	75	5	that	that	SCONJ
taxlaw-2852	75	6	the	the	DET
taxlaw-2852	75	7	irish	irish	ADJ
taxlaw-2852	75	8	parent	parent	NOUN
taxlaw-2852	75	9	borrows	borrow	VERB
taxlaw-2852	75	10	$	$	SYM
taxlaw-2852	75	11	1,000	1,000	NUM
taxlaw-2852	75	12	to	to	PART
taxlaw-2852	75	13	buy	buy	VERB
taxlaw-2852	75	14	its	its	PRON
taxlaw-2852	75	15	u.s	u.s	PROPN
taxlaw-2852	75	16	.	.	PROPN
taxlaw-2852	75	17	subsidiary	subsidiary	PROPN
taxlaw-2852	75	18	’s	’s	PART
taxlaw-2852	75	19	intellectual	intellectual	ADJ
taxlaw-2852	75	20	property	property	NOUN
taxlaw-2852	75	21	.	.	PUNCT
taxlaw-2852	76	1	assume	assume	VERB
taxlaw-2852	76	2	the	the	DET
taxlaw-2852	76	3	u.s	u.s	PROPN
taxlaw-2852	76	4	.	.	PROPN
taxlaw-2852	76	5	subsidiary	subsidiary	NOUN
taxlaw-2852	76	6	has	have	VERB
taxlaw-2852	76	7	more	more	ADJ
taxlaw-2852	76	8	than	than	ADP
taxlaw-2852	76	9	$	$	SYM
taxlaw-2852	76	10	100	100	NUM
taxlaw-2852	76	11	of	of	ADP
taxlaw-2852	76	12	earnings	earning	NOUN
taxlaw-2852	76	13	and	and	CCONJ
taxlaw-2852	76	14	profits	profit	NOUN
taxlaw-2852	76	15	.	.	PUNCT
taxlaw-2852	77	1	in	in	ADP
taxlaw-2852	77	2	a	a	DET
taxlaw-2852	77	3	taxable	taxable	ADJ
taxlaw-2852	77	4	year	year	NOUN
taxlaw-2852	77	5	,	,	PUNCT
taxlaw-2852	77	6	the	the	DET
taxlaw-2852	77	7	irish	irish	ADJ
taxlaw-2852	77	8	parent	parent	NOUN
taxlaw-2852	77	9	has	have	VERB
taxlaw-2852	77	10	$	$	SYM
taxlaw-2852	77	11	100	100	NUM
taxlaw-2852	77	12	of	of	ADP
taxlaw-2852	77	13	original	original	ADJ
taxlaw-2852	77	14	issue	issue	NOUN
taxlaw-2852	77	15	discount	discount	NOUN
taxlaw-2852	77	16	and	and	CCONJ
taxlaw-2852	77	17	the	the	DET
taxlaw-2852	77	18	u.s	u.s	PROPN
taxlaw-2852	77	19	.	.	PROPN
taxlaw-2852	77	20	subsidiary	subsidiary	NOUN
taxlaw-2852	77	21	pays	pay	VERB
taxlaw-2852	77	22	a	a	DET
taxlaw-2852	77	23	dividend	dividend	NOUN
taxlaw-2852	77	24	of	of	ADP
taxlaw-2852	77	25	$	$	SYM
taxlaw-2852	77	26	100	100	NUM
taxlaw-2852	77	27	to	to	ADP
taxlaw-2852	77	28	its	its	PRON
taxlaw-2852	77	29	irish	irish	ADJ
taxlaw-2852	77	30	parent	parent	NOUN
taxlaw-2852	77	31	which	which	PRON
taxlaw-2852	77	32	,	,	PUNCT
taxlaw-2852	77	33	in	in	ADP
taxlaw-2852	77	34	turn	turn	NOUN
taxlaw-2852	77	35	,	,	PUNCT
taxlaw-2852	77	36	pays	pay	VERB
taxlaw-2852	77	37	the	the	DET
taxlaw-2852	77	38	amount	amount	NOUN
taxlaw-2852	77	39	to	to	ADP
taxlaw-2852	77	40	its	its	PRON
taxlaw-2852	77	41	u.s	u.s	PROPN
taxlaw-2852	77	42	.	.	PROPN
taxlaw-2852	77	43	shareholders	shareholder	NOUN
taxlaw-2852	77	44	.	.	PUNCT
taxlaw-2852	78	1	had	have	VERB
taxlaw-2852	78	2	the	the	DET
taxlaw-2852	78	3	irish	irish	ADJ
taxlaw-2852	78	4	parent	parent	NOUN
taxlaw-2852	78	5	not	not	PART
taxlaw-2852	78	6	existed	exist	VERB
taxlaw-2852	78	7	,	,	PUNCT
taxlaw-2852	78	8	the	the	DET
taxlaw-2852	78	9	dividend	dividend	NOUN
taxlaw-2852	78	10	would	would	AUX
taxlaw-2852	78	11	have	have	AUX
taxlaw-2852	78	12	been	be	AUX
taxlaw-2852	78	13	taxable	taxable	ADJ
taxlaw-2852	78	14	9	9	NUM
taxlaw-2852	78	15	of	of	ADP
taxlaw-2852	78	16	course	course	NOUN
taxlaw-2852	78	17	,	,	PUNCT
taxlaw-2852	78	18	this	this	PRON
taxlaw-2852	78	19	begs	beg	VERB
taxlaw-2852	78	20	the	the	DET
taxlaw-2852	78	21	questions	question	NOUN
taxlaw-2852	78	22	about	about	ADP
taxlaw-2852	78	23	how	how	SCONJ
taxlaw-2852	78	24	earnings	earning	NOUN
taxlaw-2852	78	25	and	and	CCONJ
taxlaw-2852	78	26	profits	profit	NOUN
taxlaw-2852	78	27	would	would	AUX
taxlaw-2852	78	28	be	be	AUX
taxlaw-2852	78	29	determined	determine	VERB
taxlaw-2852	78	30	under	under	ADP
taxlaw-2852	78	31	a	a	DET
taxlaw-2852	78	32	dbcft	dbcft	NOUN
taxlaw-2852	78	33	.	.	PUNCT
taxlaw-2852	79	1	would	would	AUX
taxlaw-2852	79	2	today	today	NOUN
taxlaw-2852	79	3	’s	’s	PART
taxlaw-2852	79	4	rules	rule	NOUN
taxlaw-2852	79	5	be	be	AUX
taxlaw-2852	79	6	used	use	VERB
taxlaw-2852	79	7	,	,	PUNCT
taxlaw-2852	79	8	would	would	AUX
taxlaw-2852	79	9	the	the	DET
taxlaw-2852	79	10	rules	rule	NOUN
taxlaw-2852	79	11	measure	measure	VERB
taxlaw-2852	79	12	earnings	earning	NOUN
taxlaw-2852	79	13	and	and	CCONJ
taxlaw-2852	79	14	profits	profit	NOUN
taxlaw-2852	79	15	based	base	VERB
taxlaw-2852	79	16	on	on	ADP
taxlaw-2852	79	17	an	an	DET
taxlaw-2852	79	18	economic	economic	ADJ
taxlaw-2852	79	19	income	income	NOUN
taxlaw-2852	79	20	basis	basis	NOUN
taxlaw-2852	79	21	,	,	PUNCT
taxlaw-2852	79	22	or	or	CCONJ
taxlaw-2852	79	23	would	would	AUX
taxlaw-2852	79	24	investments	investment	NOUN
taxlaw-2852	79	25	be	be	AUX
taxlaw-2852	79	26	expensed	expense	VERB
taxlaw-2852	79	27	and	and	CCONJ
taxlaw-2852	79	28	interests	interest	NOUN
taxlaw-2852	79	29	denied	deny	VERB
taxlaw-2852	79	30	?	?	PUNCT
taxlaw-2852	80	1	2017	2017	NUM
taxlaw-2852	80	2	]	]	PUNCT
taxlaw-2852	80	3	tax	tax	NOUN
taxlaw-2852	80	4	planning	planning	NOUN
taxlaw-2852	80	5	301	301	NUM
taxlaw-2852	80	6	to	to	ADP
taxlaw-2852	80	7	the	the	DET
taxlaw-2852	80	8	u.s	u.s	PROPN
taxlaw-2852	80	9	.	.	PROPN
taxlaw-2852	80	10	subsidiary	subsidiary	PROPN
taxlaw-2852	80	11	’s	’s	PART
taxlaw-2852	80	12	u.s	u.s	PROPN
taxlaw-2852	80	13	.	.	PROPN
taxlaw-2852	80	14	shareholders	shareholder	NOUN
taxlaw-2852	80	15	,	,	PUNCT
taxlaw-2852	80	16	or	or	CCONJ
taxlaw-2852	80	17	subject	subject	ADJ
taxlaw-2852	80	18	to	to	ADP
taxlaw-2852	80	19	u.s	u.s	PROPN
taxlaw-2852	80	20	.	.	PROPN
taxlaw-2852	80	21	withholding	withholding	NOUN
taxlaw-2852	80	22	tax	tax	NOUN
taxlaw-2852	80	23	on	on	ADP
taxlaw-2852	80	24	payment	payment	NOUN
taxlaw-2852	80	25	to	to	ADP
taxlaw-2852	80	26	its	its	PRON
taxlaw-2852	80	27	foreign	foreign	ADJ
taxlaw-2852	80	28	shareholders	shareholder	NOUN
taxlaw-2852	80	29	.	.	PUNCT
taxlaw-2852	81	1	however	however	ADV
taxlaw-2852	81	2	,	,	PUNCT
taxlaw-2852	81	3	in	in	ADP
taxlaw-2852	81	4	the	the	DET
taxlaw-2852	81	5	year	year	NOUN
taxlaw-2852	81	6	of	of	ADP
taxlaw-2852	81	7	the	the	DET
taxlaw-2852	81	8	dividend	dividend	NOUN
taxlaw-2852	81	9	,	,	PUNCT
taxlaw-2852	81	10	the	the	DET
taxlaw-2852	81	11	irish	irish	ADJ
taxlaw-2852	81	12	parent	parent	NOUN
taxlaw-2852	81	13	has	have	VERB
taxlaw-2852	81	14	no	no	DET
taxlaw-2852	81	15	current	current	ADJ
taxlaw-2852	81	16	or	or	CCONJ
taxlaw-2852	81	17	accumulated	accumulate	VERB
taxlaw-2852	81	18	earnings	earning	NOUN
taxlaw-2852	81	19	and	and	CCONJ
taxlaw-2852	81	20	profits	profit	NOUN
taxlaw-2852	81	21	(	(	PUNCT
taxlaw-2852	81	22	the	the	DET
taxlaw-2852	81	23	$	$	SYM
taxlaw-2852	81	24	100	100	NUM
taxlaw-2852	81	25	dividend	dividend	NOUN
taxlaw-2852	81	26	received	receive	VERB
taxlaw-2852	81	27	is	be	AUX
taxlaw-2852	81	28	offset	offset	VERB
taxlaw-2852	81	29	by	by	ADP
taxlaw-2852	81	30	the	the	DET
taxlaw-2852	81	31	$	$	SYM
taxlaw-2852	81	32	100	100	NUM
taxlaw-2852	81	33	of	of	ADP
taxlaw-2852	81	34	original	original	ADJ
taxlaw-2852	81	35	issue	issue	NOUN
taxlaw-2852	81	36	discount	discount	NOUN
taxlaw-2852	81	37	expense	expense	NOUN
taxlaw-2852	81	38	)	)	PUNCT
taxlaw-2852	81	39	and	and	CCONJ
taxlaw-2852	81	40	so	so	ADV
taxlaw-2852	81	41	the	the	DET
taxlaw-2852	81	42	dividend	dividend	NOUN
taxlaw-2852	81	43	it	it	PRON
taxlaw-2852	81	44	pays	pay	VERB
taxlaw-2852	81	45	its	its	PRON
taxlaw-2852	81	46	shareholders	shareholder	NOUN
taxlaw-2852	81	47	would	would	AUX
taxlaw-2852	81	48	be	be	AUX
taxlaw-2852	81	49	a	a	DET
taxlaw-2852	81	50	nontaxable	nontaxable	ADJ
taxlaw-2852	81	51	return	return	NOUN
taxlaw-2852	81	52	of	of	ADP
taxlaw-2852	81	53	capital	capital	NOUN
taxlaw-2852	81	54	.	.	PUNCT
taxlaw-2852	82	1	in	in	ADP
taxlaw-2852	82	2	fact	fact	NOUN
taxlaw-2852	82	3	,	,	PUNCT
taxlaw-2852	82	4	this	this	DET
taxlaw-2852	82	5	strategy	strategy	NOUN
taxlaw-2852	82	6	is	be	AUX
taxlaw-2852	82	7	equally	equally	ADV
taxlaw-2852	82	8	available	available	ADJ
taxlaw-2852	82	9	to	to	ADP
taxlaw-2852	82	10	a	a	DET
taxlaw-2852	82	11	nonconsolidated	nonconsolidate	VERB
taxlaw-2852	82	12	u.s	u.s	PROPN
taxlaw-2852	82	13	.	.	PROPN
taxlaw-2852	82	14	parent	parent	NOUN
taxlaw-2852	82	15	company	company	NOUN
taxlaw-2852	82	16	that	that	PRON
taxlaw-2852	82	17	receives	receive	VERB
taxlaw-2852	82	18	a	a	DET
taxlaw-2852	82	19	dividend	dividend	NOUN
taxlaw-2852	82	20	from	from	ADP
taxlaw-2852	82	21	its	its	PRON
taxlaw-2852	82	22	u.s	u.s	PROPN
taxlaw-2852	82	23	.	.	PROPN
taxlaw-2852	82	24	subsidiary	subsidiary	NOUN
taxlaw-2852	82	25	.	.	PUNCT
taxlaw-2852	83	1	the	the	DET
taxlaw-2852	83	2	u.s	u.s	PROPN
taxlaw-2852	83	3	.	.	PROPN
taxlaw-2852	83	4	parent	parent	NOUN
taxlaw-2852	83	5	would	would	AUX
taxlaw-2852	83	6	have	have	VERB
taxlaw-2852	83	7	no	no	DET
taxlaw-2852	83	8	net	net	ADJ
taxlaw-2852	83	9	income	income	NOUN
taxlaw-2852	83	10	by	by	ADP
taxlaw-2852	83	11	reasons	reason	NOUN
taxlaw-2852	83	12	of	of	ADP
taxlaw-2852	83	13	the	the	DET
taxlaw-2852	83	14	dividendsreceived	dividendsreceive	VERB
taxlaw-2852	83	15	deduction	deduction	NOUN
taxlaw-2852	83	16	,	,	PUNCT
taxlaw-2852	83	17	and	and	CCONJ
taxlaw-2852	83	18	the	the	DET
taxlaw-2852	83	19	original	original	ADJ
taxlaw-2852	83	20	issue	issue	NOUN
taxlaw-2852	83	21	discount	discount	NOUN
taxlaw-2852	83	22	deduction	deduction	NOUN
taxlaw-2852	83	23	would	would	AUX
taxlaw-2852	83	24	offset	offset	VERB
taxlaw-2852	83	25	its	its	PRON
taxlaw-2852	83	26	dividend	dividend	NOUN
taxlaw-2852	83	27	income	income	NOUN
taxlaw-2852	83	28	for	for	ADP
taxlaw-2852	83	29	earnings	earning	NOUN
taxlaw-2852	83	30	and	and	CCONJ
taxlaw-2852	83	31	profits	profit	NOUN
taxlaw-2852	83	32	purposes	purpose	NOUN
taxlaw-2852	83	33	.	.	PUNCT
taxlaw-2852	84	1	the	the	DET
taxlaw-2852	84	2	u.s	u.s	PROPN
taxlaw-2852	84	3	.	.	PROPN
taxlaw-2852	84	4	parent	parent	NOUN
taxlaw-2852	84	5	could	could	AUX
taxlaw-2852	84	6	distribute	distribute	VERB
taxlaw-2852	84	7	the	the	DET
taxlaw-2852	84	8	dividend	dividend	NOUN
taxlaw-2852	84	9	it	it	PRON
taxlaw-2852	84	10	receives	receive	VERB
taxlaw-2852	84	11	to	to	ADP
taxlaw-2852	84	12	its	its	PRON
taxlaw-2852	84	13	u.s	u.s	PROPN
taxlaw-2852	84	14	.	.	PROPN
taxlaw-2852	84	15	shareholders	shareholder	NOUN
taxlaw-2852	84	16	without	without	ADP
taxlaw-2852	84	17	income	income	NOUN
taxlaw-2852	84	18	tax	tax	NOUN
taxlaw-2852	84	19	or	or	CCONJ
taxlaw-2852	84	20	to	to	ADP
taxlaw-2852	84	21	its	its	PRON
taxlaw-2852	84	22	foreign	foreign	ADJ
taxlaw-2852	84	23	shareholders	shareholder	NOUN
taxlaw-2852	84	24	without	without	ADP
taxlaw-2852	84	25	u.s	u.s	PROPN
taxlaw-2852	84	26	.	.	PROPN
taxlaw-2852	84	27	withholding	withholding	NOUN
taxlaw-2852	84	28	tax.10	tax.10	PROPN
taxlaw-2852	84	29	f.	f.	PROPN
taxlaw-2852	84	30	using	use	VERB
taxlaw-2852	84	31	transfer	transfer	NOUN
taxlaw-2852	84	32	pricing	pricing	NOUN
taxlaw-2852	84	33	to	to	PART
taxlaw-2852	84	34	import	import	VERB
taxlaw-2852	84	35	at	at	ADP
taxlaw-2852	84	36	a	a	DET
taxlaw-2852	84	37	low	low	ADJ
taxlaw-2852	84	38	cost	cost	NOUN
taxlaw-2852	84	39	one	one	NUM
taxlaw-2852	84	40	of	of	ADP
taxlaw-2852	84	41	the	the	DET
taxlaw-2852	84	42	principal	principal	ADJ
taxlaw-2852	84	43	benefits	benefit	NOUN
taxlaw-2852	84	44	of	of	ADP
taxlaw-2852	84	45	a	a	DET
taxlaw-2852	84	46	dbcft	dbcft	NOUN
taxlaw-2852	84	47	would	would	AUX
taxlaw-2852	84	48	be	be	AUX
taxlaw-2852	84	49	to	to	PART
taxlaw-2852	84	50	remove	remove	VERB
taxlaw-2852	84	51	the	the	DET
taxlaw-2852	84	52	incentive	incentive	NOUN
taxlaw-2852	84	53	for	for	SCONJ
taxlaw-2852	84	54	u.s	u.s	PROPN
taxlaw-2852	84	55	.	.	PROPN
taxlaw-2852	84	56	multinationals	multinational	NOUN
taxlaw-2852	84	57	to	to	PART
taxlaw-2852	84	58	sell	sell	VERB
taxlaw-2852	84	59	intellectual	intellectual	ADJ
taxlaw-2852	84	60	property	property	NOUN
taxlaw-2852	84	61	at	at	ADP
taxlaw-2852	84	62	low	low	ADJ
taxlaw-2852	84	63	-	-	PUNCT
taxlaw-2852	84	64	transfer	transfer	NOUN
taxlaw-2852	84	65	pricing	pricing	NOUN
taxlaw-2852	84	66	rates	rate	NOUN
taxlaw-2852	84	67	to	to	ADP
taxlaw-2852	84	68	affiliated	affiliated	ADJ
taxlaw-2852	84	69	irish	irish	NOUN
taxlaw-2852	84	70	(	(	PUNCT
taxlaw-2852	84	71	or	or	CCONJ
taxlaw-2852	84	72	other	other	ADJ
taxlaw-2852	84	73	low	low	ADV
taxlaw-2852	84	74	-	-	PUNCT
taxlaw-2852	84	75	taxed	tax	VERB
taxlaw-2852	84	76	treatyeligible	treatyeligible	ADJ
taxlaw-2852	84	77	)	)	PUNCT
taxlaw-2852	84	78	companies	company	NOUN
taxlaw-2852	84	79	.	.	PUNCT
taxlaw-2852	85	1	however	however	ADV
taxlaw-2852	85	2	,	,	PUNCT
taxlaw-2852	85	3	for	for	ADP
taxlaw-2852	85	4	those	those	DET
taxlaw-2852	85	5	u.s	u.s	PROPN
taxlaw-2852	85	6	.	.	PROPN
taxlaw-2852	85	7	multinationals	multinational	NOUN
taxlaw-2852	85	8	that	that	PRON
taxlaw-2852	85	9	had	have	AUX
taxlaw-2852	85	10	previously	previously	ADV
taxlaw-2852	85	11	transferred	transfer	VERB
taxlaw-2852	85	12	u.s	u.s	PROPN
taxlaw-2852	85	13	.	.	PROPN
taxlaw-2852	85	14	intellectual	intellectual	ADJ
taxlaw-2852	85	15	property	property	NOUN
taxlaw-2852	85	16	to	to	ADP
taxlaw-2852	85	17	their	their	PRON
taxlaw-2852	85	18	offshore	offshore	ADJ
taxlaw-2852	85	19	subsidiaries	subsidiary	NOUN
taxlaw-2852	85	20	and	and	CCONJ
taxlaw-2852	85	21	would	would	AUX
taxlaw-2852	85	22	need	need	VERB
taxlaw-2852	85	23	to	to	PART
taxlaw-2852	85	24	license	license	VERB
taxlaw-2852	85	25	it	it	PRON
taxlaw-2852	85	26	back	back	ADP
taxlaw-2852	85	27	,	,	PUNCT
taxlaw-2852	85	28	under	under	ADP
taxlaw-2852	85	29	the	the	DET
taxlaw-2852	85	30	dbcft	dbcft	NOUN
taxlaw-2852	85	31	,	,	PUNCT
taxlaw-2852	85	32	the	the	DET
taxlaw-2852	85	33	royalty	royalty	NOUN
taxlaw-2852	85	34	payments	payment	NOUN
taxlaw-2852	85	35	would	would	AUX
taxlaw-2852	85	36	be	be	AUX
taxlaw-2852	85	37	nondeductible	nondeductible	ADJ
taxlaw-2852	85	38	import	import	NOUN
taxlaw-2852	85	39	expense	expense	NOUN
taxlaw-2852	85	40	and	and	CCONJ
taxlaw-2852	85	41	,	,	PUNCT
taxlaw-2852	85	42	to	to	PART
taxlaw-2852	85	43	add	add	VERB
taxlaw-2852	85	44	insult	insult	NOUN
taxlaw-2852	85	45	to	to	ADP
taxlaw-2852	85	46	injury	injury	NOUN
taxlaw-2852	85	47	,	,	PUNCT
taxlaw-2852	85	48	the	the	DET
taxlaw-2852	85	49	income	income	NOUN
taxlaw-2852	85	50	of	of	ADP
taxlaw-2852	85	51	the	the	DET
taxlaw-2852	85	52	subsidiary	subsidiary	NOUN
taxlaw-2852	85	53	would	would	AUX
taxlaw-2852	85	54	be	be	AUX
taxlaw-2852	85	55	subpart	subpart	NOUN
taxlaw-2852	85	56	f	f	PROPN
taxlaw-2852	85	57	income	income	NOUN
taxlaw-2852	85	58	.	.	PUNCT
taxlaw-2852	86	1	these	these	DET
taxlaw-2852	86	2	u.s	u.s	PROPN
taxlaw-2852	86	3	.	.	PROPN
taxlaw-2852	86	4	multinationals	multinational	NOUN
taxlaw-2852	86	5	would	would	AUX
taxlaw-2852	86	6	seek	seek	VERB
taxlaw-2852	86	7	to	to	PART
taxlaw-2852	86	8	pay	pay	VERB
taxlaw-2852	86	9	a	a	DET
taxlaw-2852	86	10	low	low	ADJ
taxlaw-2852	86	11	transferpricing	transferpricing	NOUN
taxlaw-2852	86	12	royalty	royalty	NOUN
taxlaw-2852	86	13	rate	rate	NOUN
taxlaw-2852	86	14	.	.	PUNCT
taxlaw-2852	87	1	therefore	therefore	ADV
taxlaw-2852	87	2	,	,	PUNCT
taxlaw-2852	87	3	the	the	DET
taxlaw-2852	87	4	dbcft	dbcft	NOUN
taxlaw-2852	87	5	does	do	AUX
taxlaw-2852	87	6	not	not	PART
taxlaw-2852	87	7	avoid	avoid	VERB
taxlaw-2852	87	8	transfer	transfer	NOUN
taxlaw-2852	87	9	pricing	pricing	NOUN
taxlaw-2852	87	10	;	;	PUNCT
taxlaw-2852	87	11	it	it	PRON
taxlaw-2852	87	12	merely	merely	ADV
taxlaw-2852	87	13	changes	change	VERB
taxlaw-2852	87	14	the	the	DET
taxlaw-2852	87	15	situations	situation	NOUN
taxlaw-2852	87	16	where	where	SCONJ
taxlaw-2852	87	17	transfer	transfer	VERB
taxlaw-2852	87	18	pricing	pricing	NOUN
taxlaw-2852	87	19	matters	matter	NOUN
taxlaw-2852	87	20	.	.	PUNCT
taxlaw-2852	88	1	g.	g.	PROPN
taxlaw-2852	88	2	generating	generate	VERB
taxlaw-2852	88	3	and	and	CCONJ
taxlaw-2852	88	4	using	use	VERB
taxlaw-2852	88	5	export	export	NOUN
taxlaw-2852	88	6	losses	loss	NOUN
taxlaw-2852	88	7	under	under	ADP
taxlaw-2852	88	8	the	the	DET
taxlaw-2852	88	9	dbcft	dbcft	NOUN
taxlaw-2852	88	10	,	,	PUNCT
taxlaw-2852	88	11	exporters	exporter	NOUN
taxlaw-2852	88	12	would	would	AUX
taxlaw-2852	88	13	generate	generate	VERB
taxlaw-2852	88	14	losses	loss	NOUN
taxlaw-2852	88	15	that	that	PRON
taxlaw-2852	88	16	they	they	PRON
taxlaw-2852	88	17	will	will	AUX
taxlaw-2852	88	18	be	be	AUX
taxlaw-2852	88	19	unable	unable	ADJ
taxlaw-2852	88	20	to	to	PART
taxlaw-2852	88	21	use	use	VERB
taxlaw-2852	88	22	.	.	PUNCT
taxlaw-2852	89	1	exporters	exporter	NOUN
taxlaw-2852	89	2	will	will	AUX
taxlaw-2852	89	3	therefore	therefore	ADV
taxlaw-2852	89	4	become	become	VERB
taxlaw-2852	89	5	acquisition	acquisition	NOUN
taxlaw-2852	89	6	targets	target	NOUN
taxlaw-2852	89	7	for	for	ADP
taxlaw-2852	89	8	importers	importer	NOUN
taxlaw-2852	89	9	that	that	PRON
taxlaw-2852	89	10	are	be	AUX
taxlaw-2852	89	11	denied	deny	VERB
taxlaw-2852	89	12	deductions	deduction	NOUN
taxlaw-2852	89	13	for	for	ADP
taxlaw-2852	89	14	their	their	PRON
taxlaw-2852	89	15	imports	import	NOUN
taxlaw-2852	89	16	(	(	PUNCT
taxlaw-2852	89	17	and	and	CCONJ
taxlaw-2852	89	18	vice	vice	NOUN
taxlaw-2852	89	19	versa).11	versa).11	NOUN
taxlaw-2852	89	20	these	these	PRON
taxlaw-2852	89	21	would	would	AUX
taxlaw-2852	89	22	be	be	AUX
taxlaw-2852	89	23	acquisitions	acquisition	NOUN
taxlaw-2852	89	24	principally	principally	ADV
taxlaw-2852	89	25	for	for	ADP
taxlaw-2852	89	26	tax	tax	NOUN
taxlaw-2852	89	27	reasons	reason	NOUN
taxlaw-2852	89	28	–	–	PUNCT
taxlaw-2852	89	29	the	the	DET
taxlaw-2852	89	30	dbcft	dbcft	NOUN
taxlaw-2852	89	31	’s	’s	PART
taxlaw-2852	89	32	version	version	NOUN
taxlaw-2852	89	33	of	of	ADP
taxlaw-2852	89	34	an	an	DET
taxlaw-2852	89	35	inversion	inversion	NOUN
taxlaw-2852	89	36	.	.	PUNCT
taxlaw-2852	90	1	also	also	ADV
taxlaw-2852	90	2	,	,	PUNCT
taxlaw-2852	90	3	the	the	DET
taxlaw-2852	90	4	dbcft	dbcft	NOUN
taxlaw-2852	90	5	would	would	AUX
taxlaw-2852	90	6	encourage	encourage	VERB
taxlaw-2852	90	7	exporters	exporter	NOUN
taxlaw-2852	90	8	to	to	PART
taxlaw-2852	90	9	buy	buy	VERB
taxlaw-2852	90	10	importers	importer	NOUN
taxlaw-2852	90	11	’	'	PUNCT
taxlaw-2852	90	12	goods	good	NOUN
taxlaw-2852	90	13	directly	directly	ADV
taxlaw-2852	90	14	from	from	ADP
taxlaw-2852	90	15	abroad	abroad	ADV
taxlaw-2852	90	16	,	,	PUNCT
taxlaw-2852	90	17	and	and	CCONJ
taxlaw-2852	90	18	10	10	NUM
taxlaw-2852	90	19	i	i	PRON
taxlaw-2852	90	20	thank	thank	VERB
taxlaw-2852	90	21	michael	michael	PROPN
taxlaw-2852	90	22	schler	schler	NOUN
taxlaw-2852	90	23	for	for	ADP
taxlaw-2852	90	24	this	this	DET
taxlaw-2852	90	25	example	example	NOUN
taxlaw-2852	90	26	.	.	PUNCT
taxlaw-2852	91	1	11	11	NUM
taxlaw-2852	91	2	elena	elena	PROPN
taxlaw-2852	91	3	patel	patel	PROPN
taxlaw-2852	91	4	&	&	CCONJ
taxlaw-2852	91	5	john	john	PROPN
taxlaw-2852	91	6	mcclelland	mcclelland	PROPN
taxlaw-2852	91	7	,	,	PUNCT
taxlaw-2852	91	8	what	what	PRON
taxlaw-2852	91	9	would	would	AUX
taxlaw-2852	91	10	a	a	DET
taxlaw-2852	91	11	cash	cash	NOUN
taxlaw-2852	91	12	flow	flow	NOUN
taxlaw-2852	91	13	tax	tax	NOUN
taxlaw-2852	91	14	look	look	NOUN
taxlaw-2852	91	15	like	like	ADP
taxlaw-2852	91	16	for	for	ADP
taxlaw-2852	91	17	u.s	u.s	PROPN
taxlaw-2852	91	18	.	.	PROPN
taxlaw-2852	91	19	companies	company	NOUN
taxlaw-2852	91	20	?	?	PUNCT
taxlaw-2852	92	1	lessons	lesson	NOUN
taxlaw-2852	92	2	from	from	ADP
taxlaw-2852	92	3	a	a	DET
taxlaw-2852	92	4	historical	historical	ADJ
taxlaw-2852	92	5	panel	panel	NOUN
taxlaw-2852	92	6	(	(	PUNCT
taxlaw-2852	92	7	office	office	NOUN
taxlaw-2852	92	8	of	of	ADP
taxlaw-2852	92	9	tax	tax	NOUN
taxlaw-2852	92	10	analysis	analysis	NOUN
taxlaw-2852	92	11	,	,	PUNCT
taxlaw-2852	92	12	working	working	NOUN
taxlaw-2852	92	13	paper	paper	NOUN
taxlaw-2852	92	14	no	no	INTJ
taxlaw-2852	92	15	.	.	PROPN
taxlaw-2852	92	16	116	116	NUM
taxlaw-2852	92	17	,	,	PUNCT
taxlaw-2852	92	18	2017	2017	NUM
taxlaw-2852	92	19	)	)	PUNCT
taxlaw-2852	92	20	,	,	PUNCT
taxlaw-2852	92	21	http://www.treasury.gov/resourcecenter/tax-policy/tax-analysis/documents/wp-116.pdf	http://www.treasury.gov/resourcecenter/tax-policy/tax-analysis/documents/wp-116.pdf	X
taxlaw-2852	93	1	[	[	X
taxlaw-2852	93	2	perma.cc/t47d-6mrs	perma.cc/t47d-6mrs	X
taxlaw-2852	93	3	]	]	X
taxlaw-2852	93	4	at	at	ADP
taxlaw-2852	93	5	15	15	NUM
taxlaw-2852	93	6	-	-	SYM
taxlaw-2852	93	7	16	16	NUM
taxlaw-2852	93	8	(	(	PUNCT
taxlaw-2852	93	9	“	"	PUNCT
taxlaw-2852	93	10	given	give	VERB
taxlaw-2852	93	11	the	the	DET
taxlaw-2852	93	12	magnitude	magnitude	NOUN
taxlaw-2852	93	13	of	of	ADP
taxlaw-2852	93	14	the	the	DET
taxlaw-2852	93	15	border	border	NOUN
taxlaw-2852	93	16	adjustment	adjustment	NOUN
taxlaw-2852	93	17	,	,	PUNCT
taxlaw-2852	93	18	we	we	PRON
taxlaw-2852	93	19	expect	expect	VERB
taxlaw-2852	93	20	that	that	SCONJ
taxlaw-2852	93	21	in	in	ADP
taxlaw-2852	93	22	the	the	DET
taxlaw-2852	93	23	absence	absence	NOUN
taxlaw-2852	93	24	of	of	ADP
taxlaw-2852	93	25	a	a	DET
taxlaw-2852	93	26	means	means	NOUN
taxlaw-2852	93	27	of	of	ADP
taxlaw-2852	93	28	using	use	VERB
taxlaw-2852	93	29	these	these	DET
taxlaw-2852	93	30	losses	loss	NOUN
taxlaw-2852	93	31	these	these	DET
taxlaw-2852	93	32	larger	large	ADJ
taxlaw-2852	93	33	firms	firm	NOUN
taxlaw-2852	93	34	would	would	AUX
taxlaw-2852	93	35	have	have	VERB
taxlaw-2852	93	36	an	an	DET
taxlaw-2852	93	37	outsized	outsized	ADJ
taxlaw-2852	93	38	incentive	incentive	NOUN
taxlaw-2852	93	39	for	for	ADP
taxlaw-2852	93	40	behavioral	behavioral	ADJ
taxlaw-2852	93	41	adjustments	adjustment	NOUN
taxlaw-2852	93	42	such	such	ADJ
taxlaw-2852	93	43	restructuring	restructure	VERB
taxlaw-2852	93	44	through	through	ADP
taxlaw-2852	93	45	mergers	merger	NOUN
taxlaw-2852	93	46	and	and	CCONJ
taxlaw-2852	93	47	acquisitions	acquisition	NOUN
taxlaw-2852	93	48	to	to	PART
taxlaw-2852	93	49	minimize	minimize	VERB
taxlaw-2852	93	50	taxes	taxis	NOUN
taxlaw-2852	93	51	.	.	PUNCT
taxlaw-2852	93	52	”	"	PUNCT
taxlaw-2852	93	53	)	)	PUNCT
taxlaw-2852	93	54	.	.	PUNCT
taxlaw-2852	94	1	302	302	NUM
taxlaw-2852	94	2	columbia	columbia	PROPN
taxlaw-2852	94	3	journal	journal	PROPN
taxlaw-2852	94	4	of	of	ADP
taxlaw-2852	94	5	tax	tax	NOUN
taxlaw-2852	94	6	law	law	NOUN
taxlaw-2852	94	7	[	[	X
taxlaw-2852	94	8	vol.8:295	vol.8:295	NOUN
taxlaw-2852	94	9	sell	sell	VERB
taxlaw-2852	94	10	them	they	PRON
taxlaw-2852	94	11	to	to	ADP
taxlaw-2852	94	12	the	the	DET
taxlaw-2852	94	13	importer.12	importer.12	NOUN
taxlaw-2852	94	14	because	because	SCONJ
taxlaw-2852	94	15	the	the	DET
taxlaw-2852	94	16	exporter	exporter	NOUN
taxlaw-2852	94	17	would	would	AUX
taxlaw-2852	94	18	not	not	PART
taxlaw-2852	94	19	receive	receive	VERB
taxlaw-2852	94	20	a	a	DET
taxlaw-2852	94	21	deduction	deduction	NOUN
taxlaw-2852	94	22	(	(	PUNCT
taxlaw-2852	94	23	or	or	CCONJ
taxlaw-2852	94	24	basis	basis	NOUN
taxlaw-2852	94	25	)	)	PUNCT
taxlaw-2852	94	26	for	for	ADP
taxlaw-2852	94	27	the	the	DET
taxlaw-2852	94	28	imported	import	VERB
taxlaw-2852	94	29	goods	good	NOUN
taxlaw-2852	94	30	,	,	PUNCT
taxlaw-2852	94	31	this	this	DET
taxlaw-2852	94	32	strategy	strategy	NOUN
taxlaw-2852	94	33	would	would	AUX
taxlaw-2852	94	34	allow	allow	VERB
taxlaw-2852	94	35	the	the	DET
taxlaw-2852	94	36	exporter	exporter	NOUN
taxlaw-2852	94	37	to	to	PART
taxlaw-2852	94	38	use	use	VERB
taxlaw-2852	94	39	its	its	PRON
taxlaw-2852	94	40	tax	tax	NOUN
taxlaw-2852	94	41	losses	loss	NOUN
taxlaw-2852	94	42	and	and	CCONJ
taxlaw-2852	94	43	effectively	effectively	ADV
taxlaw-2852	94	44	sell	sell	VERB
taxlaw-2852	94	45	those	those	DET
taxlaw-2852	94	46	losses	loss	NOUN
taxlaw-2852	94	47	to	to	ADP
taxlaw-2852	94	48	the	the	DET
taxlaw-2852	94	49	importer	importer	NOUN
taxlaw-2852	94	50	.	.	PUNCT
taxlaw-2852	95	1	h.	h.	PROPN
taxlaw-2852	95	2	converting	convert	VERB
taxlaw-2852	95	3	carry	carry	NOUN
taxlaw-2852	95	4	from	from	ADP
taxlaw-2852	95	5	foreign	foreign	ADJ
taxlaw-2852	95	6	investors	investor	NOUN
taxlaw-2852	95	7	into	into	ADP
taxlaw-2852	95	8	taxexempt	taxexempt	ADJ
taxlaw-2852	95	9	export	export	NOUN
taxlaw-2852	95	10	income	income	NOUN
taxlaw-2852	95	11	a	a	DET
taxlaw-2852	95	12	dbcft	dbcft	NOUN
taxlaw-2852	95	13	would	would	AUX
taxlaw-2852	95	14	also	also	ADV
taxlaw-2852	95	15	provide	provide	VERB
taxlaw-2852	95	16	a	a	DET
taxlaw-2852	95	17	windfall	windfall	NOUN
taxlaw-2852	95	18	for	for	ADP
taxlaw-2852	95	19	managers	manager	NOUN
taxlaw-2852	95	20	of	of	ADP
taxlaw-2852	95	21	cayman	cayman	PROPN
taxlaw-2852	95	22	island	island	NOUN
taxlaw-2852	95	23	funds	fund	NOUN
taxlaw-2852	95	24	.	.	PUNCT
taxlaw-2852	96	1	currently	currently	ADV
taxlaw-2852	96	2	,	,	PUNCT
taxlaw-2852	96	3	fund	fund	NOUN
taxlaw-2852	96	4	managers	manager	NOUN
taxlaw-2852	96	5	receive	receive	VERB
taxlaw-2852	96	6	a	a	DET
taxlaw-2852	96	7	relatively	relatively	ADV
taxlaw-2852	96	8	small	small	ADJ
taxlaw-2852	96	9	fixed	fix	VERB
taxlaw-2852	96	10	management	management	NOUN
taxlaw-2852	96	11	fee	fee	NOUN
taxlaw-2852	96	12	(	(	PUNCT
taxlaw-2852	96	13	say	say	INTJ
taxlaw-2852	96	14	2	2	NUM
taxlaw-2852	96	15	%	%	NOUN
taxlaw-2852	96	16	)	)	PUNCT
taxlaw-2852	96	17	of	of	ADP
taxlaw-2852	96	18	assets	asset	NOUN
taxlaw-2852	96	19	under	under	ADP
taxlaw-2852	96	20	management	management	NOUN
taxlaw-2852	96	21	and	and	CCONJ
taxlaw-2852	96	22	a	a	DET
taxlaw-2852	96	23	larger	large	ADJ
taxlaw-2852	96	24	carried	carry	VERB
taxlaw-2852	96	25	interest	interest	NOUN
taxlaw-2852	96	26	(	(	PUNCT
taxlaw-2852	96	27	say	say	VERB
taxlaw-2852	96	28	20	20	NUM
taxlaw-2852	96	29	%	%	NOUN
taxlaw-2852	96	30	of	of	ADP
taxlaw-2852	96	31	gains	gain	NOUN
taxlaw-2852	96	32	)	)	PUNCT
taxlaw-2852	96	33	that	that	PRON
taxlaw-2852	96	34	potentially	potentially	ADV
taxlaw-2852	96	35	benefit	benefit	VERB
taxlaw-2852	96	36	from	from	ADP
taxlaw-2852	96	37	long	long	ADJ
taxlaw-2852	96	38	-	-	PUNCT
taxlaw-2852	96	39	term	term	NOUN
taxlaw-2852	96	40	capital	capital	NOUN
taxlaw-2852	96	41	gains	gain	NOUN
taxlaw-2852	96	42	rates	rate	NOUN
taxlaw-2852	96	43	.	.	PUNCT
taxlaw-2852	97	1	under	under	ADP
taxlaw-2852	97	2	a	a	DET
taxlaw-2852	97	3	dbcft	dbcft	NOUN
taxlaw-2852	97	4	,	,	PUNCT
taxlaw-2852	97	5	a	a	DET
taxlaw-2852	97	6	u.s	u.s	PROPN
taxlaw-2852	97	7	.	.	PROPN
taxlaw-2852	97	8	hedge	hedge	PROPN
taxlaw-2852	97	9	fund	fund	NOUN
taxlaw-2852	97	10	manager	manager	NOUN
taxlaw-2852	97	11	would	would	AUX
taxlaw-2852	97	12	seek	seek	VERB
taxlaw-2852	97	13	to	to	PART
taxlaw-2852	97	14	restructure	restructure	VERB
taxlaw-2852	97	15	its	its	PRON
taxlaw-2852	97	16	compensation	compensation	NOUN
taxlaw-2852	97	17	entirely	entirely	ADV
taxlaw-2852	97	18	as	as	ADP
taxlaw-2852	97	19	contingent	contingent	ADJ
taxlaw-2852	97	20	fees	fee	NOUN
taxlaw-2852	97	21	for	for	ADP
taxlaw-2852	97	22	services	service	NOUN
taxlaw-2852	97	23	provided	provide	VERB
taxlaw-2852	97	24	to	to	ADP
taxlaw-2852	97	25	foreign	foreign	ADJ
taxlaw-2852	97	26	investors.13	investors.13	NOUN
taxlaw-2852	97	27	all	all	PRON
taxlaw-2852	97	28	of	of	ADP
taxlaw-2852	97	29	these	these	DET
taxlaw-2852	97	30	fees	fee	NOUN
taxlaw-2852	97	31	would	would	AUX
taxlaw-2852	97	32	be	be	AUX
taxlaw-2852	97	33	excludible	excludible	ADJ
taxlaw-2852	97	34	exports	export	NOUN
taxlaw-2852	97	35	(	(	PUNCT
taxlaw-2852	97	36	and	and	CCONJ
taxlaw-2852	97	37	not	not	PART
taxlaw-2852	97	38	at	at	ADV
taxlaw-2852	97	39	all	all	ADV
taxlaw-2852	97	40	at	at	ADP
taxlaw-2852	97	41	taxed).14	taxed).14	NOUN
taxlaw-2852	97	42	additionally	additionally	ADV
taxlaw-2852	97	43	,	,	PUNCT
taxlaw-2852	97	44	unlike	unlike	ADP
taxlaw-2852	97	45	consumer	consumer	NOUN
taxlaw-2852	97	46	goods	good	NOUN
taxlaw-2852	97	47	,	,	PUNCT
taxlaw-2852	97	48	this	this	DET
taxlaw-2852	97	49	exported	export	VERB
taxlaw-2852	97	50	service	service	NOUN
taxlaw-2852	97	51	would	would	AUX
taxlaw-2852	97	52	not	not	PART
taxlaw-2852	97	53	reflect	reflect	VERB
taxlaw-2852	97	54	any	any	DET
taxlaw-2852	97	55	dollar	dollar	NOUN
taxlaw-2852	97	56	appreciation	appreciation	NOUN
taxlaw-2852	97	57	because	because	SCONJ
taxlaw-2852	97	58	both	both	DET
taxlaw-2852	97	59	parties	party	NOUN
taxlaw-2852	97	60	would	would	AUX
taxlaw-2852	97	61	be	be	AUX
taxlaw-2852	97	62	transacting	transact	VERB
taxlaw-2852	97	63	in	in	ADP
taxlaw-2852	97	64	dollars	dollar	NOUN
taxlaw-2852	97	65	.	.	PUNCT
taxlaw-2852	98	1	the	the	DET
taxlaw-2852	98	2	question	question	NOUN
taxlaw-2852	98	3	then	then	ADV
taxlaw-2852	98	4	arises	arise	VERB
taxlaw-2852	98	5	whether	whether	SCONJ
taxlaw-2852	98	6	the	the	DET
taxlaw-2852	98	7	blueprint	blueprint	NOUN
taxlaw-2852	98	8	will	will	AUX
taxlaw-2852	98	9	treat	treat	VERB
taxlaw-2852	98	10	services	service	NOUN
taxlaw-2852	98	11	provided	provide	VERB
taxlaw-2852	98	12	to	to	ADP
taxlaw-2852	98	13	a	a	DET
taxlaw-2852	98	14	cayman	cayman	PROPN
taxlaw-2852	98	15	islands	island	NOUN
taxlaw-2852	98	16	fund	fund	NOUN
taxlaw-2852	98	17	that	that	PRON
taxlaw-2852	98	18	is	be	AUX
taxlaw-2852	98	19	entirely	entirely	ADV
taxlaw-2852	98	20	owned	own	VERB
taxlaw-2852	98	21	by	by	ADP
taxlaw-2852	98	22	u.s	u.s	PROPN
taxlaw-2852	98	23	.	.	PROPN
taxlaw-2852	98	24	pension	pension	NOUN
taxlaw-2852	98	25	plans	plan	NOUN
taxlaw-2852	98	26	as	as	SCONJ
taxlaw-2852	98	27	provided	provide	VERB
taxlaw-2852	98	28	to	to	ADP
taxlaw-2852	98	29	a	a	DET
taxlaw-2852	98	30	foreigner	foreigner	NOUN
taxlaw-2852	98	31	(	(	PUNCT
taxlaw-2852	98	32	so	so	ADV
taxlaw-2852	98	33	entirely	entirely	ADV
taxlaw-2852	98	34	exempt	exempt	ADJ
taxlaw-2852	98	35	)	)	PUNCT
taxlaw-2852	98	36	or	or	CCONJ
taxlaw-2852	98	37	to	to	ADP
taxlaw-2852	98	38	the	the	DET
taxlaw-2852	98	39	beneficial	beneficial	ADJ
taxlaw-2852	98	40	u.s	u.s	PROPN
taxlaw-2852	98	41	.	.	PROPN
taxlaw-2852	98	42	owners	owner	NOUN
taxlaw-2852	98	43	(	(	PUNCT
taxlaw-2852	98	44	so	so	ADV
taxlaw-2852	98	45	fully	fully	ADV
taxlaw-2852	98	46	taxable	taxable	ADJ
taxlaw-2852	98	47	)	)	PUNCT
taxlaw-2852	98	48	.	.	PUNCT
taxlaw-2852	99	1	15	15	NUM
taxlaw-2852	99	2	compensation	compensation	NOUN
taxlaw-2852	99	3	received	receive	VERB
taxlaw-2852	99	4	from	from	ADP
taxlaw-2852	99	5	taxable	taxable	ADJ
taxlaw-2852	99	6	domestic	domestic	ADJ
taxlaw-2852	99	7	investors	investor	NOUN
taxlaw-2852	99	8	would	would	AUX
taxlaw-2852	99	9	remain	remain	VERB
taxlaw-2852	99	10	structured	structured	ADJ
taxlaw-2852	99	11	as	as	ADP
taxlaw-2852	99	12	carried	carry	VERB
taxlaw-2852	99	13	interests	interest	NOUN
taxlaw-2852	99	14	(	(	PUNCT
taxlaw-2852	99	15	unless	unless	SCONJ
taxlaw-2852	99	16	the	the	DET
taxlaw-2852	99	17	income	income	NOUN
taxlaw-2852	99	18	would	would	AUX
taxlaw-2852	99	19	be	be	AUX
taxlaw-2852	99	20	exempt	exempt	ADJ
taxlaw-2852	99	21	if	if	SCONJ
taxlaw-2852	99	22	restructured	restructure	VERB
taxlaw-2852	99	23	as	as	ADP
taxlaw-2852	99	24	fees	fee	NOUN
taxlaw-2852	99	25	received	receive	VERB
taxlaw-2852	99	26	from	from	ADP
taxlaw-2852	99	27	a	a	DET
taxlaw-2852	99	28	cayman	cayman	NOUN
taxlaw-2852	99	29	islands	island	NOUN
taxlaw-2852	99	30	corporation	corporation	PROPN
taxlaw-2852	99	31	owned	own	VERB
taxlaw-2852	99	32	by	by	ADP
taxlaw-2852	99	33	these	these	DET
taxlaw-2852	99	34	investors	investor	NOUN
taxlaw-2852	99	35	)	)	PUNCT
taxlaw-2852	99	36	.	.	PUNCT
taxlaw-2852	100	1	all	all	DET
taxlaw-2852	100	2	expenses	expense	NOUN
taxlaw-2852	100	3	from	from	ADP
taxlaw-2852	100	4	salaries	salary	NOUN
taxlaw-2852	100	5	and	and	CCONJ
taxlaw-2852	100	6	overhead	overhead	ADV
taxlaw-2852	100	7	(	(	PUNCT
taxlaw-2852	100	8	used	use	VERB
taxlaw-2852	100	9	to	to	PART
taxlaw-2852	100	10	generate	generate	VERB
taxlaw-2852	100	11	both	both	CCONJ
taxlaw-2852	100	12	excludable	excludable	ADJ
taxlaw-2852	100	13	and	and	CCONJ
taxlaw-2852	100	14	taxable	taxable	ADJ
taxlaw-2852	100	15	amounts	amount	NOUN
taxlaw-2852	100	16	)	)	PUNCT
taxlaw-2852	100	17	could	could	AUX
taxlaw-2852	100	18	be	be	AUX
taxlaw-2852	100	19	used	use	VERB
taxlaw-2852	100	20	to	to	PART
taxlaw-2852	100	21	offset	offset	VERB
taxlaw-2852	100	22	taxable	taxable	ADJ
taxlaw-2852	100	23	amounts	amount	NOUN
taxlaw-2852	100	24	.	.	PUNCT
taxlaw-2852	101	1	in	in	ADP
taxlaw-2852	101	2	addition	addition	NOUN
taxlaw-2852	101	3	,	,	PUNCT
taxlaw-2852	101	4	under	under	ADP
taxlaw-2852	101	5	the	the	DET
taxlaw-2852	101	6	dbcft	dbcft	NOUN
taxlaw-2852	101	7	,	,	PUNCT
taxlaw-2852	101	8	lawyers	lawyer	NOUN
taxlaw-2852	101	9	who	who	PRON
taxlaw-2852	101	10	set	set	VERB
taxlaw-2852	101	11	up	up	ADP
taxlaw-2852	101	12	funds	fund	NOUN
taxlaw-2852	101	13	for	for	ADP
taxlaw-2852	101	14	u.s	u.s	PROPN
taxlaw-2852	101	15	.	.	PROPN
taxlaw-2852	101	16	money	money	NOUN
taxlaw-2852	101	17	managers	manager	NOUN
taxlaw-2852	101	18	would	would	AUX
taxlaw-2852	101	19	no	no	ADV
taxlaw-2852	101	20	longer	long	ADV
taxlaw-2852	101	21	be	be	AUX
taxlaw-2852	101	22	paid	pay	VERB
taxlaw-2852	101	23	by	by	ADP
taxlaw-2852	101	24	the	the	DET
taxlaw-2852	101	25	managers	manager	NOUN
taxlaw-2852	101	26	but	but	CCONJ
taxlaw-2852	101	27	instead	instead	ADV
taxlaw-2852	101	28	would	would	AUX
taxlaw-2852	101	29	be	be	AUX
taxlaw-2852	101	30	paid	pay	VERB
taxlaw-2852	101	31	by	by	ADP
taxlaw-2852	101	32	the	the	DET
taxlaw-2852	101	33	foreign	foreign	ADJ
taxlaw-2852	101	34	funds	fund	NOUN
taxlaw-2852	101	35	to	to	PART
taxlaw-2852	101	36	avoid	avoid	VERB
taxlaw-2852	101	37	tax	tax	NOUN
taxlaw-2852	101	38	on	on	ADP
taxlaw-2852	101	39	their	their	PRON
taxlaw-2852	101	40	fees	fee	NOUN
taxlaw-2852	101	41	(	(	PUNCT
taxlaw-2852	101	42	or	or	CCONJ
taxlaw-2852	101	43	at	at	ADP
taxlaw-2852	101	44	least	least	ADJ
taxlaw-2852	101	45	the	the	DET
taxlaw-2852	101	46	portion	portion	NOUN
taxlaw-2852	101	47	attributable	attributable	ADJ
taxlaw-2852	101	48	to	to	ADP
taxlaw-2852	101	49	the	the	DET
taxlaw-2852	101	50	foreign	foreign	ADJ
taxlaw-2852	101	51	investors	investor	NOUN
taxlaw-2852	101	52	)	)	PUNCT
taxlaw-2852	101	53	.	.	PUNCT
taxlaw-2852	102	1	likewise	likewise	ADV
taxlaw-2852	102	2	,	,	PUNCT
taxlaw-2852	102	3	12	12	NUM
taxlaw-2852	102	4	michael	michael	PROPN
taxlaw-2852	102	5	schler	schler	NOUN
taxlaw-2852	102	6	originally	originally	ADV
taxlaw-2852	102	7	suggested	suggest	VERB
taxlaw-2852	102	8	this	this	DET
taxlaw-2852	102	9	strategy	strategy	NOUN
taxlaw-2852	102	10	.	.	PUNCT
taxlaw-2852	103	1	13	13	NUM
taxlaw-2852	103	2	if	if	SCONJ
taxlaw-2852	103	3	the	the	DET
taxlaw-2852	103	4	dbcft	dbcft	NOUN
taxlaw-2852	103	5	does	do	AUX
taxlaw-2852	103	6	not	not	PART
taxlaw-2852	103	7	look	look	VERB
taxlaw-2852	103	8	through	through	ADP
taxlaw-2852	103	9	entities	entity	NOUN
taxlaw-2852	103	10	,	,	PUNCT
taxlaw-2852	103	11	then	then	ADV
taxlaw-2852	103	12	this	this	DET
taxlaw-2852	103	13	strategy	strategy	NOUN
taxlaw-2852	103	14	would	would	AUX
taxlaw-2852	103	15	be	be	AUX
taxlaw-2852	103	16	equally	equally	ADV
taxlaw-2852	103	17	effective	effective	ADJ
taxlaw-2852	103	18	for	for	ADP
taxlaw-2852	103	19	tax	tax	NOUN
taxlaw-2852	103	20	-	-	PUNCT
taxlaw-2852	103	21	exempt	exempt	ADJ
taxlaw-2852	103	22	or	or	CCONJ
taxlaw-2852	103	23	taxable	taxable	ADJ
taxlaw-2852	103	24	investors	investor	NOUN
taxlaw-2852	103	25	that	that	PRON
taxlaw-2852	103	26	invest	invest	VERB
taxlaw-2852	103	27	through	through	ADP
taxlaw-2852	103	28	a	a	DET
taxlaw-2852	103	29	cayman	cayman	NOUN
taxlaw-2852	103	30	corporation	corporation	NOUN
taxlaw-2852	103	31	.	.	PUNCT
taxlaw-2852	104	1	14	14	NUM
taxlaw-2852	104	2	max	max	PROPN
taxlaw-2852	104	3	ehrenfreund	ehrenfreund	PROPN
taxlaw-2852	104	4	,	,	PUNCT
taxlaw-2852	104	5	trump	trump	VERB
taxlaw-2852	104	6	said	say	VERB
taxlaw-2852	104	7	they	they	PRON
taxlaw-2852	104	8	were	be	AUX
taxlaw-2852	104	9	‘	'	PUNCT
taxlaw-2852	104	10	getting	get	VERB
taxlaw-2852	104	11	away	away	ADV
taxlaw-2852	104	12	with	with	ADP
taxlaw-2852	104	13	murder	murder	NOUN
taxlaw-2852	104	14	.	.	PUNCT
taxlaw-2852	104	15	’	'	PUNCT
taxlaw-2852	105	1	now	now	ADV
taxlaw-2852	105	2	they	they	PRON
taxlaw-2852	105	3	might	might	AUX
taxlaw-2852	105	4	be	be	AUX
taxlaw-2852	105	5	getting	get	VERB
taxlaw-2852	105	6	a	a	DET
taxlaw-2852	105	7	tax	tax	NOUN
taxlaw-2852	105	8	break	break	NOUN
taxlaw-2852	105	9	,	,	PUNCT
taxlaw-2852	105	10	wash	wash	NOUN
taxlaw-2852	105	11	.	.	PUNCT
taxlaw-2852	106	1	post	post	NOUN
taxlaw-2852	106	2	(	(	PUNCT
taxlaw-2852	106	3	feb	feb	PROPN
taxlaw-2852	106	4	.	.	PROPN
taxlaw-2852	106	5	8	8	NUM
taxlaw-2852	106	6	,	,	PUNCT
taxlaw-2852	106	7	2017	2017	NUM
taxlaw-2852	106	8	)	)	PUNCT
taxlaw-2852	106	9	,	,	PUNCT
taxlaw-2852	106	10	http://www.washingtonpost.com/news/wonk/wp/2017/02/08/the-gop-tax-plancould-mean-a-big-break-for-some-of-donald-trumps-least-favoritepeople/?utm_term=.f457837564d0	http://www.washingtonpost.com/news/wonk/wp/2017/02/08/the-gop-tax-plancould-mean-a-big-break-for-some-of-donald-trumps-least-favoritepeople/?utm_term=.f457837564d0	PROPN
taxlaw-2852	107	1	[	[	X
taxlaw-2852	107	2	perma.cc/6lxg-9z3	perma.cc/6lxg-9z3	ADP
taxlaw-2852	107	3	t	t	NOUN
taxlaw-2852	107	4	]	]	PUNCT
taxlaw-2852	107	5	.	.	PUNCT
taxlaw-2852	108	1	15	15	NUM
taxlaw-2852	108	2	for	for	ADP
taxlaw-2852	108	3	more	more	ADJ
taxlaw-2852	108	4	examples	example	NOUN
taxlaw-2852	108	5	,	,	PUNCT
taxlaw-2852	108	6	see	see	VERB
taxlaw-2852	108	7	hariton	hariton	NOUN
taxlaw-2852	108	8	,	,	PUNCT
taxlaw-2852	108	9	supra	supra	PROPN
taxlaw-2852	108	10	note	note	NOUN
taxlaw-2852	108	11	8	8	NUM
taxlaw-2852	108	12	.	.	NOUN
taxlaw-2852	109	1	2017	2017	NUM
taxlaw-2852	109	2	]	]	PUNCT
taxlaw-2852	109	3	tax	tax	NOUN
taxlaw-2852	109	4	planning	planning	NOUN
taxlaw-2852	109	5	303	303	NUM
taxlaw-2852	109	6	if	if	SCONJ
taxlaw-2852	109	7	a	a	DET
taxlaw-2852	109	8	foreign	foreign	ADJ
taxlaw-2852	109	9	parent	parent	NOUN
taxlaw-2852	109	10	purchases	purchase	VERB
taxlaw-2852	109	11	a	a	DET
taxlaw-2852	109	12	u.s	u.s	PROPN
taxlaw-2852	109	13	.	.	PROPN
taxlaw-2852	109	14	corporation	corporation	NOUN
taxlaw-2852	109	15	,	,	PUNCT
taxlaw-2852	109	16	the	the	DET
taxlaw-2852	109	17	law	law	NOUN
taxlaw-2852	109	18	firm	firm	NOUN
taxlaw-2852	109	19	will	will	AUX
taxlaw-2852	109	20	prefer	prefer	VERB
taxlaw-2852	109	21	to	to	PART
taxlaw-2852	109	22	be	be	AUX
taxlaw-2852	109	23	paid	pay	VERB
taxlaw-2852	109	24	by	by	ADP
taxlaw-2852	109	25	the	the	DET
taxlaw-2852	109	26	foreign	foreign	ADJ
taxlaw-2852	109	27	parent	parent	NOUN
taxlaw-2852	109	28	,	,	PUNCT
taxlaw-2852	109	29	rather	rather	ADV
taxlaw-2852	109	30	than	than	ADP
taxlaw-2852	109	31	the	the	DET
taxlaw-2852	109	32	target	target	NOUN
taxlaw-2852	109	33	.	.	PUNCT
taxlaw-2852	110	1	i.	i.	PROPN
taxlaw-2852	110	2	the	the	DET
taxlaw-2852	110	3	preference	preference	NOUN
taxlaw-2852	110	4	of	of	ADP
taxlaw-2852	110	5	capital	capital	NOUN
taxlaw-2852	110	6	assets	asset	NOUN
taxlaw-2852	110	7	over	over	ADP
taxlaw-2852	110	8	financial	financial	ADJ
taxlaw-2852	110	9	assets	asset	NOUN
taxlaw-2852	110	10	because	because	SCONJ
taxlaw-2852	110	11	the	the	DET
taxlaw-2852	110	12	dbcft	dbcft	NOUN
taxlaw-2852	110	13	applies	apply	VERB
taxlaw-2852	110	14	a	a	DET
taxlaw-2852	110	15	cash	cash	NOUN
taxlaw-2852	110	16	-	-	PUNCT
taxlaw-2852	110	17	flow	flow	NOUN
taxlaw-2852	110	18	tax	tax	NOUN
taxlaw-2852	110	19	to	to	ADP
taxlaw-2852	110	20	physical	physical	ADJ
taxlaw-2852	110	21	and	and	CCONJ
taxlaw-2852	110	22	intangible	intangible	ADJ
taxlaw-2852	110	23	assets	asset	NOUN
taxlaw-2852	110	24	but	but	CCONJ
taxlaw-2852	110	25	an	an	DET
taxlaw-2852	110	26	income	income	NOUN
taxlaw-2852	110	27	tax	tax	NOUN
taxlaw-2852	110	28	to	to	ADP
taxlaw-2852	110	29	financial	financial	ADJ
taxlaw-2852	110	30	assets	asset	NOUN
taxlaw-2852	110	31	,	,	PUNCT
taxlaw-2852	110	32	taxpayers	taxpayer	NOUN
taxlaw-2852	110	33	would	would	AUX
taxlaw-2852	110	34	be	be	AUX
taxlaw-2852	110	35	able	able	ADJ
taxlaw-2852	110	36	to	to	PART
taxlaw-2852	110	37	expense	expense	VERB
taxlaw-2852	110	38	their	their	PRON
taxlaw-2852	110	39	purchase	purchase	NOUN
taxlaw-2852	110	40	of	of	ADP
taxlaw-2852	110	41	capital	capital	NOUN
taxlaw-2852	110	42	assets	asset	NOUN
taxlaw-2852	110	43	(	(	PUNCT
taxlaw-2852	110	44	like	like	ADP
taxlaw-2852	110	45	equipment	equipment	NOUN
taxlaw-2852	110	46	)	)	PUNCT
taxlaw-2852	110	47	but	but	CCONJ
taxlaw-2852	110	48	not	not	PART
taxlaw-2852	110	49	financial	financial	ADJ
taxlaw-2852	110	50	assets	asset	NOUN
taxlaw-2852	110	51	.	.	PUNCT
taxlaw-2852	111	1	therefore	therefore	ADV
taxlaw-2852	111	2	,	,	PUNCT
taxlaw-2852	111	3	a	a	DET
taxlaw-2852	111	4	financial	financial	ADJ
taxlaw-2852	111	5	investor	investor	NOUN
taxlaw-2852	111	6	might	might	AUX
taxlaw-2852	111	7	be	be	AUX
taxlaw-2852	111	8	expected	expect	VERB
taxlaw-2852	111	9	to	to	PART
taxlaw-2852	111	10	shift	shift	VERB
taxlaw-2852	111	11	his	his	PRON
taxlaw-2852	111	12	investments	investment	NOUN
taxlaw-2852	111	13	from	from	ADP
taxlaw-2852	111	14	financial	financial	ADJ
taxlaw-2852	111	15	assets	asset	NOUN
taxlaw-2852	111	16	to	to	PART
taxlaw-2852	111	17	physical	physical	ADJ
taxlaw-2852	111	18	and	and	CCONJ
taxlaw-2852	111	19	intangible	intangible	ADJ
taxlaw-2852	111	20	assets	asset	NOUN
taxlaw-2852	111	21	(	(	PUNCT
taxlaw-2852	111	22	at	at	ADP
taxlaw-2852	111	23	least	least	ADJ
taxlaw-2852	111	24	until	until	SCONJ
taxlaw-2852	111	25	the	the	DET
taxlaw-2852	111	26	difference	difference	NOUN
taxlaw-2852	111	27	in	in	ADP
taxlaw-2852	111	28	potential	potential	ADJ
taxlaw-2852	111	29	return	return	NOUN
taxlaw-2852	111	30	offsets	offset	VERB
taxlaw-2852	111	31	the	the	DET
taxlaw-2852	111	32	tax	tax	NOUN
taxlaw-2852	111	33	savings	saving	NOUN
taxlaw-2852	111	34	)	)	PUNCT
taxlaw-2852	111	35	.	.	PUNCT
taxlaw-2852	112	1	likewise	likewise	ADV
taxlaw-2852	112	2	,	,	PUNCT
taxlaw-2852	112	3	a	a	DET
taxlaw-2852	112	4	u.s	u.s	PROPN
taxlaw-2852	112	5	.	.	PROPN
taxlaw-2852	112	6	corporation	corporation	NOUN
taxlaw-2852	112	7	considering	consider	VERB
taxlaw-2852	112	8	the	the	DET
taxlaw-2852	112	9	purchase	purchase	NOUN
taxlaw-2852	112	10	of	of	ADP
taxlaw-2852	112	11	a	a	DET
taxlaw-2852	112	12	domestic	domestic	ADJ
taxlaw-2852	112	13	target	target	NOUN
taxlaw-2852	112	14	will	will	AUX
taxlaw-2852	112	15	have	have	VERB
taxlaw-2852	112	16	an	an	DET
taxlaw-2852	112	17	even	even	ADV
taxlaw-2852	112	18	greater	great	ADJ
taxlaw-2852	112	19	incentive	incentive	NOUN
taxlaw-2852	112	20	than	than	SCONJ
taxlaw-2852	112	21	under	under	ADP
taxlaw-2852	112	22	current	current	ADJ
taxlaw-2852	112	23	law	law	NOUN
taxlaw-2852	112	24	to	to	PART
taxlaw-2852	112	25	structure	structure	VERB
taxlaw-2852	112	26	the	the	DET
taxlaw-2852	112	27	acquisition	acquisition	NOUN
taxlaw-2852	112	28	as	as	ADP
taxlaw-2852	112	29	an	an	DET
taxlaw-2852	112	30	asset	asset	NOUN
taxlaw-2852	112	31	purchase	purchase	NOUN
taxlaw-2852	112	32	rather	rather	ADV
taxlaw-2852	112	33	than	than	ADP
taxlaw-2852	112	34	a	a	DET
taxlaw-2852	112	35	stock	stock	NOUN
taxlaw-2852	112	36	purchase	purchase	NOUN
taxlaw-2852	112	37	because	because	SCONJ
taxlaw-2852	112	38	of	of	ADP
taxlaw-2852	112	39	the	the	DET
taxlaw-2852	112	40	immediate	immediate	ADJ
taxlaw-2852	112	41	deduction	deduction	NOUN
taxlaw-2852	112	42	for	for	ADP
taxlaw-2852	112	43	equipment	equipment	NOUN
taxlaw-2852	112	44	and	and	CCONJ
taxlaw-2852	112	45	improvements	improvement	NOUN
taxlaw-2852	112	46	.	.	PUNCT
taxlaw-2852	113	1	j.	j.	PROPN
taxlaw-2852	113	2	using	use	VERB
taxlaw-2852	113	3	affiliate	affiliate	NOUN
taxlaw-2852	113	4	sales	sale	NOUN
taxlaw-2852	113	5	to	to	PART
taxlaw-2852	113	6	achieve	achieve	VERB
taxlaw-2852	113	7	a	a	DET
taxlaw-2852	113	8	tax	tax	NOUN
taxlaw-2852	113	9	-	-	PUNCT
taxlaw-2852	113	10	free	free	ADJ
taxlaw-2852	113	11	step	step	NOUN
taxlaw-2852	113	12	-	-	PUNCT
taxlaw-2852	113	13	up	up	ADP
taxlaw-2852	113	14	the	the	DET
taxlaw-2852	113	15	entirety	entirety	NOUN
taxlaw-2852	113	16	of	of	ADP
taxlaw-2852	113	17	the	the	DET
taxlaw-2852	113	18	u.s	u.s	PROPN
taxlaw-2852	113	19	.	.	PROPN
taxlaw-2852	113	20	international	international	ADJ
taxlaw-2852	113	21	income	income	NOUN
taxlaw-2852	113	22	tax	tax	NOUN
taxlaw-2852	113	23	system	system	NOUN
taxlaw-2852	113	24	is	be	AUX
taxlaw-2852	113	25	based	base	VERB
taxlaw-2852	113	26	on	on	ADP
taxlaw-2852	113	27	taxing	tax	VERB
taxlaw-2852	113	28	outbound	outbound	ADJ
taxlaw-2852	113	29	transactions	transaction	NOUN
taxlaw-2852	113	30	and	and	CCONJ
taxlaw-2852	113	31	exempting	exempt	VERB
taxlaw-2852	113	32	inbound	inbound	ADJ
taxlaw-2852	113	33	ones	one	NOUN
taxlaw-2852	113	34	.	.	PUNCT
taxlaw-2852	114	1	that	that	DET
taxlaw-2852	114	2	system	system	NOUN
taxlaw-2852	114	3	would	would	AUX
taxlaw-2852	114	4	be	be	AUX
taxlaw-2852	114	5	upended	upend	VERB
taxlaw-2852	114	6	by	by	ADP
taxlaw-2852	114	7	the	the	DET
taxlaw-2852	114	8	blueprint	blueprint	NOUN
taxlaw-2852	114	9	.	.	PUNCT
taxlaw-2852	115	1	if	if	SCONJ
taxlaw-2852	115	2	a	a	DET
taxlaw-2852	115	3	dbcft	dbcft	NOUN
taxlaw-2852	115	4	is	be	AUX
taxlaw-2852	115	5	enacted	enact	VERB
taxlaw-2852	115	6	,	,	PUNCT
taxlaw-2852	115	7	most	most	ADJ
taxlaw-2852	115	8	outbound	outbound	ADJ
taxlaw-2852	115	9	transactions	transaction	NOUN
taxlaw-2852	115	10	would	would	AUX
taxlaw-2852	115	11	become	become	VERB
taxlaw-2852	115	12	exempt	exempt	ADJ
taxlaw-2852	115	13	(	(	PUNCT
taxlaw-2852	115	14	as	as	ADP
taxlaw-2852	115	15	exports	export	NOUN
taxlaw-2852	115	16	)	)	PUNCT
taxlaw-2852	115	17	,	,	PUNCT
taxlaw-2852	115	18	but	but	CCONJ
taxlaw-2852	115	19	the	the	DET
taxlaw-2852	115	20	rules	rule	NOUN
taxlaw-2852	115	21	would	would	AUX
taxlaw-2852	115	22	have	have	VERB
taxlaw-2852	115	23	to	to	PART
taxlaw-2852	115	24	be	be	AUX
taxlaw-2852	115	25	changed	change	VERB
taxlaw-2852	115	26	to	to	PART
taxlaw-2852	115	27	tax	tax	VERB
taxlaw-2852	115	28	what	what	PRON
taxlaw-2852	115	29	are	be	AUX
taxlaw-2852	115	30	now	now	ADV
taxlaw-2852	115	31	tax	tax	NOUN
taxlaw-2852	115	32	-	-	PUNCT
taxlaw-2852	115	33	free	free	ADJ
taxlaw-2852	115	34	inbound	inbound	ADJ
taxlaw-2852	115	35	contributions	contribution	NOUN
taxlaw-2852	115	36	(	(	PUNCT
taxlaw-2852	115	37	as	as	ADP
taxlaw-2852	115	38	imports	import	NOUN
taxlaw-2852	115	39	)	)	PUNCT
taxlaw-2852	115	40	.	.	PUNCT
taxlaw-2852	116	1	otherwise	otherwise	ADV
taxlaw-2852	116	2	,	,	PUNCT
taxlaw-2852	116	3	a	a	DET
taxlaw-2852	116	4	u.s	u.s	PROPN
taxlaw-2852	116	5	.	.	PROPN
taxlaw-2852	116	6	subsidiary	subsidiary	NOUN
taxlaw-2852	116	7	could	could	AUX
taxlaw-2852	116	8	sell	sell	VERB
taxlaw-2852	116	9	inventory	inventory	NOUN
taxlaw-2852	116	10	to	to	ADP
taxlaw-2852	116	11	its	its	PRON
taxlaw-2852	116	12	foreign	foreign	ADJ
taxlaw-2852	116	13	parent	parent	NOUN
taxlaw-2852	116	14	,	,	PUNCT
taxlaw-2852	116	15	and	and	CCONJ
taxlaw-2852	116	16	the	the	DET
taxlaw-2852	116	17	foreign	foreign	ADJ
taxlaw-2852	116	18	parent	parent	NOUN
taxlaw-2852	116	19	could	could	AUX
taxlaw-2852	116	20	contribute	contribute	VERB
taxlaw-2852	116	21	the	the	DET
taxlaw-2852	116	22	inventory	inventory	NOUN
taxlaw-2852	116	23	to	to	ADP
taxlaw-2852	116	24	another	another	DET
taxlaw-2852	116	25	u.s	u.s	PROPN
taxlaw-2852	116	26	.	.	PROPN
taxlaw-2852	116	27	subsidiary	subsidiary	NOUN
taxlaw-2852	116	28	in	in	ADP
taxlaw-2852	116	29	a	a	DET
taxlaw-2852	116	30	section	section	NOUN
taxlaw-2852	116	31	351	351	NUM
taxlaw-2852	116	32	transaction	transaction	NOUN
taxlaw-2852	116	33	.	.	PUNCT
taxlaw-2852	117	1	if	if	SCONJ
taxlaw-2852	117	2	the	the	DET
taxlaw-2852	117	3	second	second	ADJ
taxlaw-2852	117	4	u.s	u.s	PROPN
taxlaw-2852	117	5	.	.	PROPN
taxlaw-2852	117	6	subsidiary	subsidiary	NOUN
taxlaw-2852	117	7	received	receive	VERB
taxlaw-2852	117	8	the	the	DET
taxlaw-2852	117	9	parent	parent	NOUN
taxlaw-2852	117	10	’s	’s	PART
taxlaw-2852	117	11	fair	fair	ADJ
taxlaw-2852	117	12	market	market	NOUN
taxlaw-2852	117	13	value	value	NOUN
taxlaw-2852	117	14	basis	basis	NOUN
taxlaw-2852	117	15	in	in	ADP
taxlaw-2852	117	16	the	the	DET
taxlaw-2852	117	17	inventory	inventory	NOUN
taxlaw-2852	117	18	,	,	PUNCT
taxlaw-2852	117	19	the	the	DET
taxlaw-2852	117	20	second	second	ADJ
taxlaw-2852	117	21	subsidiary	subsidiary	NOUN
taxlaw-2852	117	22	could	could	AUX
taxlaw-2852	117	23	then	then	ADV
taxlaw-2852	117	24	sell	sell	VERB
taxlaw-2852	117	25	the	the	DET
taxlaw-2852	117	26	inventory	inventory	NOUN
taxlaw-2852	117	27	in	in	ADP
taxlaw-2852	117	28	the	the	DET
taxlaw-2852	117	29	united	united	PROPN
taxlaw-2852	117	30	states	states	PROPN
taxlaw-2852	117	31	and	and	CCONJ
taxlaw-2852	117	32	pay	pay	VERB
taxlaw-2852	117	33	no	no	DET
taxlaw-2852	117	34	tax	tax	NOUN
taxlaw-2852	117	35	.	.	PUNCT
taxlaw-2852	118	1	a	a	DET
taxlaw-2852	118	2	similar	similar	ADJ
taxlaw-2852	118	3	opportunity	opportunity	NOUN
taxlaw-2852	118	4	may	may	AUX
taxlaw-2852	118	5	exist	exist	VERB
taxlaw-2852	118	6	for	for	ADP
taxlaw-2852	118	7	land	land	NOUN
taxlaw-2852	118	8	,	,	PUNCT
taxlaw-2852	118	9	which	which	PRON
taxlaw-2852	118	10	is	be	AUX
taxlaw-2852	118	11	not	not	PART
taxlaw-2852	118	12	subject	subject	ADJ
taxlaw-2852	118	13	to	to	ADP
taxlaw-2852	118	14	the	the	DET
taxlaw-2852	118	15	dbcft	dbcft	NOUN
taxlaw-2852	118	16	.	.	PUNCT
taxlaw-2852	119	1	conversely	conversely	ADV
taxlaw-2852	119	2	,	,	PUNCT
taxlaw-2852	119	3	an	an	DET
taxlaw-2852	119	4	inbound	inbound	ADJ
taxlaw-2852	119	5	section	section	NOUN
taxlaw-2852	119	6	351	351	NUM
taxlaw-2852	119	7	transaction	transaction	NOUN
taxlaw-2852	119	8	would	would	AUX
taxlaw-2852	119	9	have	have	VERB
taxlaw-2852	119	10	to	to	PART
taxlaw-2852	119	11	be	be	AUX
taxlaw-2852	119	12	treated	treat	VERB
taxlaw-2852	119	13	as	as	ADP
taxlaw-2852	119	14	an	an	DET
taxlaw-2852	119	15	import	import	NOUN
taxlaw-2852	119	16	for	for	ADP
taxlaw-2852	119	17	which	which	PRON
taxlaw-2852	119	18	the	the	DET
taxlaw-2852	119	19	subsidiary	subsidiary	NOUN
taxlaw-2852	119	20	could	could	AUX
taxlaw-2852	119	21	not	not	PART
taxlaw-2852	119	22	receive	receive	VERB
taxlaw-2852	119	23	basis	basis	NOUN
taxlaw-2852	119	24	or	or	CCONJ
taxlaw-2852	119	25	claim	claim	VERB
taxlaw-2852	119	26	a	a	DET
taxlaw-2852	119	27	deduction	deduction	NOUN
taxlaw-2852	119	28	.	.	PUNCT
taxlaw-2852	120	1	under	under	ADP
taxlaw-2852	120	2	a	a	DET
taxlaw-2852	120	3	pure	pure	ADJ
taxlaw-2852	120	4	dbcft	dbcft	NOUN
taxlaw-2852	120	5	,	,	PUNCT
taxlaw-2852	120	6	these	these	DET
taxlaw-2852	120	7	changes	change	NOUN
taxlaw-2852	120	8	would	would	AUX
taxlaw-2852	120	9	not	not	PART
taxlaw-2852	120	10	be	be	AUX
taxlaw-2852	120	11	necessary	necessary	ADJ
taxlaw-2852	120	12	because	because	SCONJ
taxlaw-2852	120	13	basis	basis	NOUN
taxlaw-2852	120	14	does	do	AUX
taxlaw-2852	120	15	not	not	PART
taxlaw-2852	120	16	exist	exist	VERB
taxlaw-2852	120	17	under	under	ADP
taxlaw-2852	120	18	a	a	DET
taxlaw-2852	120	19	pure	pure	ADJ
taxlaw-2852	120	20	dbcft	dbcft	NOUN
taxlaw-2852	120	21	.	.	PUNCT
taxlaw-2852	121	1	but	but	CCONJ
taxlaw-2852	121	2	the	the	DET
taxlaw-2852	121	3	blueprint	blueprint	NOUN
taxlaw-2852	121	4	’s	’s	PART
taxlaw-2852	121	5	dbcft	dbcft	PROPN
taxlaw-2852	121	6	does	do	AUX
taxlaw-2852	121	7	retain	retain	VERB
taxlaw-2852	121	8	the	the	DET
taxlaw-2852	121	9	lifo	lifo	NOUN
taxlaw-2852	121	10	method	method	NOUN
taxlaw-2852	121	11	of	of	ADP
taxlaw-2852	121	12	accounting	account	VERB
taxlaw-2852	121	13	for	for	ADP
taxlaw-2852	121	14	inventory	inventory	NOUN
taxlaw-2852	121	15	,	,	PUNCT
taxlaw-2852	121	16	and	and	CCONJ
taxlaw-2852	121	17	excludes	exclude	VERB
taxlaw-2852	121	18	land	land	NOUN
taxlaw-2852	121	19	.	.	PUNCT
taxlaw-2852	122	1	k.	k.	PROPN
taxlaw-2852	123	1	using	use	VERB
taxlaw-2852	123	2	partnerships	partnership	NOUN
taxlaw-2852	123	3	to	to	PART
taxlaw-2852	123	4	sell	sell	VERB
taxlaw-2852	123	5	export	export	NOUN
taxlaw-2852	123	6	losses	loss	NOUN
taxlaw-2852	123	7	to	to	ADP
taxlaw-2852	123	8	importers	importer	NOUN
taxlaw-2852	123	9	assume	assume	VERB
taxlaw-2852	123	10	that	that	SCONJ
taxlaw-2852	123	11	a	a	DET
taxlaw-2852	123	12	domestic	domestic	ADJ
taxlaw-2852	123	13	partnership	partnership	NOUN
taxlaw-2852	123	14	has	have	VERB
taxlaw-2852	123	15	two	two	NUM
taxlaw-2852	123	16	businesses	business	NOUN
taxlaw-2852	123	17	:	:	PUNCT
taxlaw-2852	123	18	a	a	DET
taxlaw-2852	123	19	domestic	domestic	ADJ
taxlaw-2852	123	20	sales	sale	NOUN
taxlaw-2852	123	21	business	business	NOUN
taxlaw-2852	123	22	and	and	CCONJ
taxlaw-2852	123	23	an	an	DET
taxlaw-2852	123	24	exporting	export	VERB
taxlaw-2852	123	25	business	business	NOUN
taxlaw-2852	123	26	.	.	PUNCT
taxlaw-2852	124	1	each	each	DET
taxlaw-2852	124	2	business	business	NOUN
taxlaw-2852	124	3	earns	earn	VERB
taxlaw-2852	124	4	revenues	revenue	NOUN
taxlaw-2852	124	5	of	of	ADP
taxlaw-2852	124	6	$	$	SYM
taxlaw-2852	124	7	100	100	NUM
taxlaw-2852	124	8	,	,	PUNCT
taxlaw-2852	124	9	pays	pay	VERB
taxlaw-2852	124	10	wages	wage	NOUN
taxlaw-2852	124	11	of	of	ADP
taxlaw-2852	124	12	$	$	SYM
taxlaw-2852	124	13	20	20	NUM
taxlaw-2852	124	14	,	,	PUNCT
taxlaw-2852	124	15	and	and	CCONJ
taxlaw-2852	124	16	purchases	purchase	VERB
taxlaw-2852	124	17	domestic	domestic	ADJ
taxlaw-2852	124	18	inventory	inventory	NOUN
taxlaw-2852	124	19	of	of	ADP
taxlaw-2852	124	20	$	$	SYM
taxlaw-2852	124	21	30	30	NUM
taxlaw-2852	124	22	.	.	PUNCT
taxlaw-2852	125	1	304	304	NUM
taxlaw-2852	125	2	columbia	columbia	PROPN
taxlaw-2852	125	3	journal	journal	PROPN
taxlaw-2852	125	4	of	of	ADP
taxlaw-2852	125	5	tax	tax	NOUN
taxlaw-2852	125	6	law	law	NOUN
taxlaw-2852	126	1	[	[	X
taxlaw-2852	126	2	vol.8:295	vol.8:295	NOUN
taxlaw-2852	126	3	each	each	DET
taxlaw-2852	126	4	business	business	NOUN
taxlaw-2852	126	5	has	have	VERB
taxlaw-2852	126	6	pre	pre	ADJ
taxlaw-2852	126	7	-	-	ADJ
taxlaw-2852	126	8	tax	tax	ADJ
taxlaw-2852	126	9	profits	profit	NOUN
taxlaw-2852	126	10	of	of	ADP
taxlaw-2852	126	11	$	$	SYM
taxlaw-2852	126	12	50	50	NUM
taxlaw-2852	126	13	.	.	PUNCT
taxlaw-2852	127	1	however	however	ADV
taxlaw-2852	127	2	,	,	PUNCT
taxlaw-2852	127	3	the	the	DET
taxlaw-2852	127	4	export	export	NOUN
taxlaw-2852	127	5	business	business	NOUN
taxlaw-2852	127	6	generates	generate	VERB
taxlaw-2852	127	7	a	a	DET
taxlaw-2852	127	8	tax	tax	NOUN
taxlaw-2852	127	9	loss	loss	NOUN
taxlaw-2852	127	10	of	of	ADP
taxlaw-2852	127	11	$	$	SYM
taxlaw-2852	127	12	50	50	NUM
taxlaw-2852	127	13	,	,	PUNCT
taxlaw-2852	127	14	which	which	PRON
taxlaw-2852	127	15	is	be	AUX
taxlaw-2852	127	16	worth	worth	ADJ
taxlaw-2852	127	17	$	$	SYM
taxlaw-2852	127	18	10	10	NUM
taxlaw-2852	127	19	based	base	VERB
taxlaw-2852	127	20	on	on	ADP
taxlaw-2852	127	21	a	a	DET
taxlaw-2852	127	22	20	20	NUM
taxlaw-2852	127	23	%	%	NOUN
taxlaw-2852	127	24	tax	tax	NOUN
taxlaw-2852	127	25	rate	rate	NOUN
taxlaw-2852	127	26	.	.	PUNCT
taxlaw-2852	128	1	the	the	DET
taxlaw-2852	128	2	domestic	domestic	ADJ
taxlaw-2852	128	3	business	business	NOUN
taxlaw-2852	128	4	has	have	VERB
taxlaw-2852	128	5	taxable	taxable	ADJ
taxlaw-2852	128	6	income	income	NOUN
taxlaw-2852	128	7	of	of	ADP
taxlaw-2852	128	8	$	$	SYM
taxlaw-2852	128	9	50	50	NUM
taxlaw-2852	128	10	and	and	CCONJ
taxlaw-2852	128	11	pays	pay	VERB
taxlaw-2852	128	12	tax	tax	NOUN
taxlaw-2852	128	13	of	of	ADP
taxlaw-2852	128	14	$	$	SYM
taxlaw-2852	128	15	10	10	NUM
taxlaw-2852	128	16	.	.	PUNCT
taxlaw-2852	129	1	on	on	ADP
taxlaw-2852	129	2	a	a	DET
taxlaw-2852	129	3	combined	combined	ADJ
taxlaw-2852	129	4	basis	basis	NOUN
taxlaw-2852	129	5	,	,	PUNCT
taxlaw-2852	129	6	the	the	DET
taxlaw-2852	129	7	partnership	partnership	NOUN
taxlaw-2852	129	8	earns	earn	VERB
taxlaw-2852	129	9	after	after	ADP
taxlaw-2852	129	10	-	-	PUNCT
taxlaw-2852	129	11	tax	tax	NOUN
taxlaw-2852	129	12	profit	profit	NOUN
taxlaw-2852	129	13	of	of	ADP
taxlaw-2852	129	14	$	$	SYM
taxlaw-2852	129	15	100	100	NUM
taxlaw-2852	129	16	.	.	PUNCT
taxlaw-2852	130	1	however	however	ADV
taxlaw-2852	130	2	,	,	PUNCT
taxlaw-2852	130	3	the	the	DET
taxlaw-2852	130	4	domestic	domestic	ADJ
taxlaw-2852	130	5	business	business	NOUN
taxlaw-2852	130	6	pays	pay	VERB
taxlaw-2852	130	7	tax	tax	NOUN
taxlaw-2852	130	8	of	of	ADP
taxlaw-2852	130	9	$	$	SYM
taxlaw-2852	130	10	10	10	NUM
taxlaw-2852	130	11	and	and	CCONJ
taxlaw-2852	130	12	the	the	DET
taxlaw-2852	130	13	exports	export	NOUN
taxlaw-2852	130	14	business	business	NOUN
taxlaw-2852	130	15	generates	generate	VERB
taxlaw-2852	130	16	a	a	DET
taxlaw-2852	130	17	loss	loss	NOUN
taxlaw-2852	130	18	of	of	ADP
taxlaw-2852	130	19	$	$	SYM
taxlaw-2852	130	20	50	50	NUM
taxlaw-2852	130	21	(	(	PUNCT
taxlaw-2852	130	22	worth	worth	ADJ
taxlaw-2852	130	23	$	$	SYM
taxlaw-2852	130	24	10	10	NUM
taxlaw-2852	130	25	)	)	PUNCT
taxlaw-2852	130	26	,	,	PUNCT
taxlaw-2852	130	27	so	so	CCONJ
taxlaw-2852	130	28	the	the	DET
taxlaw-2852	130	29	combined	combined	ADJ
taxlaw-2852	130	30	business	business	NOUN
taxlaw-2852	130	31	pays	pay	VERB
taxlaw-2852	130	32	no	no	DET
taxlaw-2852	130	33	tax	tax	NOUN
taxlaw-2852	130	34	.	.	PUNCT
taxlaw-2852	131	1	revenues	revenue	NOUN
taxlaw-2852	131	2	wages	wage	VERB
taxlaw-2852	131	3	inventory	inventory	NOUN
taxlaw-2852	131	4	pre	pre	ADJ
taxlaw-2852	131	5	-	-	ADJ
taxlaw-2852	131	6	tax	tax	ADJ
taxlaw-2852	131	7	profit	profit	NOUN
taxlaw-2852	131	8	tax	tax	NOUN
taxlaw-2852	131	9	aftertax	aftertax	ADJ
taxlaw-2852	131	10	profit	profit	NOUN
taxlaw-2852	131	11	domestic	domestic	ADJ
taxlaw-2852	131	12	100	100	NUM
taxlaw-2852	131	13	-20	-20	NUM
taxlaw-2852	131	14	-30	-30	NUM
taxlaw-2852	131	15	50	50	NUM
taxlaw-2852	131	16	10	10	NUM
taxlaw-2852	131	17	40	40	NUM
taxlaw-2852	131	18	foreign	foreign	ADJ
taxlaw-2852	131	19	100	100	NUM
taxlaw-2852	131	20	-20	-20	NUM
taxlaw-2852	131	21	-30	-30	NUM
taxlaw-2852	131	22	50	50	NUM
taxlaw-2852	131	23	-10	-10	SYM
taxlaw-2852	131	24	60	60	NUM
taxlaw-2852	131	25	let	let	VERB
taxlaw-2852	131	26	’s	’s	PRON
taxlaw-2852	131	27	assume	assume	VERB
taxlaw-2852	131	28	that	that	SCONJ
taxlaw-2852	131	29	one	one	NUM
taxlaw-2852	131	30	partner	partner	NOUN
taxlaw-2852	131	31	is	be	AUX
taxlaw-2852	131	32	allocated	allocate	VERB
taxlaw-2852	131	33	all	all	PRON
taxlaw-2852	131	34	of	of	ADP
taxlaw-2852	131	35	the	the	DET
taxlaw-2852	131	36	pre	pre	ADJ
taxlaw-2852	131	37	-	-	ADJ
taxlaw-2852	131	38	tax	tax	ADJ
taxlaw-2852	131	39	economic	economic	ADJ
taxlaw-2852	131	40	income	income	NOUN
taxlaw-2852	131	41	from	from	ADP
taxlaw-2852	131	42	the	the	DET
taxlaw-2852	131	43	domestic	domestic	ADJ
taxlaw-2852	131	44	business	business	NOUN
taxlaw-2852	131	45	and	and	CCONJ
taxlaw-2852	131	46	the	the	DET
taxlaw-2852	131	47	other	other	ADJ
taxlaw-2852	131	48	is	be	AUX
taxlaw-2852	131	49	allocated	allocate	VERB
taxlaw-2852	131	50	all	all	PRON
taxlaw-2852	131	51	of	of	ADP
taxlaw-2852	131	52	the	the	DET
taxlaw-2852	131	53	pre	pre	ADJ
taxlaw-2852	131	54	-	-	ADJ
taxlaw-2852	131	55	tax	tax	ADJ
taxlaw-2852	131	56	economic	economic	ADJ
taxlaw-2852	131	57	income	income	NOUN
taxlaw-2852	131	58	from	from	ADP
taxlaw-2852	131	59	the	the	DET
taxlaw-2852	131	60	export	export	NOUN
taxlaw-2852	131	61	business	business	NOUN
taxlaw-2852	131	62	,	,	PUNCT
taxlaw-2852	131	63	and	and	CCONJ
taxlaw-2852	131	64	they	they	PRON
taxlaw-2852	131	65	agree	agree	VERB
taxlaw-2852	131	66	to	to	PART
taxlaw-2852	131	67	share	share	VERB
taxlaw-2852	131	68	the	the	DET
taxlaw-2852	131	69	tax	tax	NOUN
taxlaw-2852	131	70	in	in	ADP
taxlaw-2852	131	71	accordance	accordance	NOUN
taxlaw-2852	131	72	with	with	ADP
taxlaw-2852	131	73	relative	relative	ADJ
taxlaw-2852	131	74	profits	profit	NOUN
taxlaw-2852	131	75	.	.	PUNCT
taxlaw-2852	132	1	since	since	SCONJ
taxlaw-2852	132	2	each	each	DET
taxlaw-2852	132	3	business	business	NOUN
taxlaw-2852	132	4	had	have	VERB
taxlaw-2852	132	5	the	the	DET
taxlaw-2852	132	6	same	same	ADJ
taxlaw-2852	132	7	pretax	pretax	ADJ
taxlaw-2852	132	8	profit	profit	NOUN
taxlaw-2852	132	9	and	and	CCONJ
taxlaw-2852	132	10	,	,	PUNCT
taxlaw-2852	132	11	as	as	ADP
taxlaw-2852	132	12	a	a	DET
taxlaw-2852	132	13	whole	whole	NOUN
taxlaw-2852	132	14	,	,	PUNCT
taxlaw-2852	132	15	the	the	DET
taxlaw-2852	132	16	business	business	NOUN
taxlaw-2852	132	17	paid	pay	VERB
taxlaw-2852	132	18	no	no	DET
taxlaw-2852	132	19	tax	tax	NOUN
taxlaw-2852	132	20	,	,	PUNCT
taxlaw-2852	132	21	they	they	PRON
taxlaw-2852	132	22	distribute	distribute	VERB
taxlaw-2852	132	23	50	50	NUM
taxlaw-2852	132	24	to	to	ADP
taxlaw-2852	132	25	each	each	DET
taxlaw-2852	132	26	partner	partner	NOUN
taxlaw-2852	132	27	.	.	PUNCT
taxlaw-2852	133	1	although	although	SCONJ
taxlaw-2852	133	2	this	this	DET
taxlaw-2852	133	3	allocation	allocation	NOUN
taxlaw-2852	133	4	would	would	AUX
taxlaw-2852	133	5	appear	appear	VERB
taxlaw-2852	133	6	to	to	PART
taxlaw-2852	133	7	have	have	VERB
taxlaw-2852	133	8	substantial	substantial	ADJ
taxlaw-2852	133	9	economic	economic	ADJ
taxlaw-2852	133	10	effect	effect	NOUN
taxlaw-2852	133	11	under	under	ADP
taxlaw-2852	133	12	current	current	ADJ
taxlaw-2852	133	13	law	law	NOUN
taxlaw-2852	133	14	,	,	PUNCT
taxlaw-2852	133	15	i	i	PRON
taxlaw-2852	133	16	suspect	suspect	VERB
taxlaw-2852	133	17	that	that	SCONJ
taxlaw-2852	133	18	it	it	PRON
taxlaw-2852	133	19	would	would	AUX
taxlaw-2852	133	20	n’t	not	PART
taxlaw-2852	133	21	be	be	AUX
taxlaw-2852	133	22	allowable	allowable	ADJ
taxlaw-2852	133	23	under	under	ADP
taxlaw-2852	133	24	the	the	DET
taxlaw-2852	133	25	blueprint	blueprint	NOUN
taxlaw-2852	133	26	.	.	PUNCT
taxlaw-2852	134	1	this	this	DET
taxlaw-2852	134	2	partnership	partnership	NOUN
taxlaw-2852	134	3	is	be	AUX
taxlaw-2852	134	4	a	a	DET
taxlaw-2852	134	5	“	"	PUNCT
taxlaw-2852	134	6	splitter	splitter	NOUN
taxlaw-2852	134	7	”	"	PUNCT
taxlaw-2852	134	8	.	.	PUNCT
taxlaw-2852	135	1	the	the	DET
taxlaw-2852	135	2	tax	tax	NOUN
taxlaw-2852	135	3	benefit	benefit	NOUN
taxlaw-2852	135	4	(	(	PUNCT
taxlaw-2852	135	5	exclusion	exclusion	NOUN
taxlaw-2852	135	6	of	of	ADP
taxlaw-2852	135	7	export	export	NOUN
taxlaw-2852	135	8	income	income	NOUN
taxlaw-2852	135	9	)	)	PUNCT
taxlaw-2852	135	10	is	be	AUX
taxlaw-2852	135	11	intended	intend	VERB
taxlaw-2852	135	12	for	for	ADP
taxlaw-2852	135	13	exporters	exporter	NOUN
taxlaw-2852	135	14	.	.	PUNCT
taxlaw-2852	136	1	exporters	exporter	NOUN
taxlaw-2852	136	2	are	be	AUX
taxlaw-2852	136	3	not	not	PART
taxlaw-2852	136	4	entitled	entitle	VERB
taxlaw-2852	136	5	to	to	ADP
taxlaw-2852	136	6	refunds	refund	NOUN
taxlaw-2852	136	7	of	of	ADP
taxlaw-2852	136	8	their	their	PRON
taxlaw-2852	136	9	tax	tax	NOUN
taxlaw-2852	136	10	losses	loss	NOUN
taxlaw-2852	136	11	,	,	PUNCT
taxlaw-2852	136	12	and	and	CCONJ
taxlaw-2852	136	13	they	they	PRON
taxlaw-2852	136	14	must	must	AUX
taxlaw-2852	136	15	have	have	VERB
taxlaw-2852	136	16	income	income	NOUN
taxlaw-2852	136	17	under	under	ADP
taxlaw-2852	136	18	the	the	DET
taxlaw-2852	136	19	dbcft	dbcft	NOUN
taxlaw-2852	136	20	in	in	ADP
taxlaw-2852	136	21	future	future	ADJ
taxlaw-2852	136	22	years	year	NOUN
taxlaw-2852	136	23	to	to	PART
taxlaw-2852	136	24	use	use	VERB
taxlaw-2852	136	25	then	then	ADV
taxlaw-2852	136	26	.	.	PUNCT
taxlaw-2852	137	1	presumably	presumably	ADV
taxlaw-2852	137	2	,	,	PUNCT
taxlaw-2852	137	3	the	the	DET
taxlaw-2852	137	4	drafters	drafter	NOUN
taxlaw-2852	137	5	of	of	ADP
taxlaw-2852	137	6	the	the	DET
taxlaw-2852	137	7	blueprint	blueprint	NOUN
taxlaw-2852	137	8	did	do	AUX
taxlaw-2852	137	9	n’t	not	PART
taxlaw-2852	137	10	intend	intend	VERB
taxlaw-2852	137	11	for	for	SCONJ
taxlaw-2852	137	12	exporters	exporter	NOUN
taxlaw-2852	137	13	to	to	PART
taxlaw-2852	137	14	be	be	AUX
taxlaw-2852	137	15	able	able	ADJ
taxlaw-2852	137	16	to	to	PART
taxlaw-2852	137	17	sell	sell	VERB
taxlaw-2852	137	18	their	their	PRON
taxlaw-2852	137	19	losses.16	losses.16	NOUN
taxlaw-2852	137	20	in	in	ADP
taxlaw-2852	137	21	this	this	DET
taxlaw-2852	137	22	case	case	NOUN
taxlaw-2852	137	23	,	,	PUNCT
taxlaw-2852	137	24	only	only	ADV
taxlaw-2852	137	25	the	the	DET
taxlaw-2852	137	26	partner	partner	NOUN
taxlaw-2852	137	27	who	who	PRON
taxlaw-2852	137	28	is	be	AUX
taxlaw-2852	137	29	allocated	allocate	VERB
taxlaw-2852	137	30	the	the	DET
taxlaw-2852	137	31	economic	economic	ADJ
taxlaw-2852	137	32	income	income	NOUN
taxlaw-2852	137	33	from	from	ADP
taxlaw-2852	137	34	exporting	export	VERB
taxlaw-2852	137	35	should	should	AUX
taxlaw-2852	137	36	be	be	AUX
taxlaw-2852	137	37	entitled	entitle	VERB
taxlaw-2852	137	38	to	to	ADP
taxlaw-2852	137	39	the	the	DET
taxlaw-2852	137	40	tax	tax	NOUN
taxlaw-2852	137	41	benefits	benefit	NOUN
taxlaw-2852	137	42	from	from	ADP
taxlaw-2852	137	43	that	that	DET
taxlaw-2852	137	44	activity	activity	NOUN
taxlaw-2852	137	45	.	.	PUNCT
taxlaw-2852	138	1	the	the	DET
taxlaw-2852	138	2	domestic	domestic	ADJ
taxlaw-2852	138	3	partner	partner	NOUN
taxlaw-2852	138	4	should	should	AUX
taxlaw-2852	138	5	be	be	AUX
taxlaw-2852	138	6	distributed	distribute	VERB
taxlaw-2852	138	7	$	$	SYM
taxlaw-2852	138	8	40	40	NUM
taxlaw-2852	138	9	and	and	CCONJ
taxlaw-2852	138	10	the	the	DET
taxlaw-2852	138	11	exporting	export	VERB
taxlaw-2852	138	12	partner	partner	NOUN
taxlaw-2852	138	13	$	$	SYM
taxlaw-2852	138	14	60	60	NUM
taxlaw-2852	138	15	.	.	PUNCT
taxlaw-2852	139	1	it	it	PRON
taxlaw-2852	139	2	also	also	ADV
taxlaw-2852	139	3	becomes	become	VERB
taxlaw-2852	139	4	clear	clear	ADJ
taxlaw-2852	139	5	from	from	ADP
taxlaw-2852	139	6	this	this	DET
taxlaw-2852	139	7	example	example	NOUN
taxlaw-2852	139	8	that	that	SCONJ
taxlaw-2852	139	9	tax	tax	NOUN
taxlaw-2852	139	10	does	do	AUX
taxlaw-2852	139	11	not	not	PART
taxlaw-2852	139	12	follow	follow	VERB
taxlaw-2852	139	13	book	book	NOUN
taxlaw-2852	139	14	under	under	ADP
taxlaw-2852	139	15	the	the	DET
taxlaw-2852	139	16	dbcft	dbcft	NOUN
taxlaw-2852	139	17	.	.	PUNCT
taxlaw-2852	140	1	capital	capital	NOUN
taxlaw-2852	140	2	accounts	account	NOUN
taxlaw-2852	140	3	are	be	AUX
taxlaw-2852	140	4	an	an	DET
taxlaw-2852	140	5	economic	economic	ADJ
taxlaw-2852	140	6	income	income	NOUN
taxlaw-2852	140	7	concept	concept	NOUN
taxlaw-2852	140	8	;	;	PUNCT
taxlaw-2852	140	9	the	the	DET
taxlaw-2852	140	10	dbcft	dbcft	NOUN
taxlaw-2852	140	11	is	be	AUX
taxlaw-2852	140	12	not	not	PART
taxlaw-2852	140	13	.	.	PUNCT
taxlaw-2852	141	1	likewise	likewise	ADV
taxlaw-2852	141	2	,	,	PUNCT
taxlaw-2852	141	3	the	the	DET
taxlaw-2852	141	4	allocation	allocation	NOUN
taxlaw-2852	141	5	of	of	ADP
taxlaw-2852	141	6	an	an	DET
taxlaw-2852	141	7	exporting	export	VERB
taxlaw-2852	141	8	tax	tax	NOUN
taxlaw-2852	141	9	loss	loss	NOUN
taxlaw-2852	141	10	to	to	ADP
taxlaw-2852	141	11	a	a	DET
taxlaw-2852	141	12	partner	partner	NOUN
taxlaw-2852	141	13	should	should	AUX
taxlaw-2852	141	14	not	not	PART
taxlaw-2852	141	15	reduce	reduce	VERB
taxlaw-2852	141	16	that	that	DET
taxlaw-2852	141	17	partner	partner	NOUN
taxlaw-2852	141	18	’s	’s	PART
taxlaw-2852	141	19	basis	basis	NOUN
taxlaw-2852	141	20	.	.	PUNCT
taxlaw-2852	142	1	otherwise	otherwise	ADV
taxlaw-2852	142	2	the	the	DET
taxlaw-2852	142	3	exclusion	exclusion	NOUN
taxlaw-2852	142	4	would	would	AUX
taxlaw-2852	142	5	become	become	VERB
taxlaw-2852	142	6	a	a	DET
taxlaw-2852	142	7	mere	mere	ADJ
taxlaw-2852	142	8	deferral	deferral	NOUN
taxlaw-2852	142	9	.	.	PUNCT
taxlaw-2852	143	1	l.	l.	PROPN
taxlaw-2852	143	2	tax	tax	NOUN
taxlaw-2852	143	3	-	-	PUNCT
taxlaw-2852	143	4	exempt	exempt	ADJ
taxlaw-2852	143	5	entities	entity	NOUN
taxlaw-2852	143	6	under	under	ADP
taxlaw-2852	143	7	our	our	PRON
taxlaw-2852	143	8	current	current	ADJ
taxlaw-2852	143	9	income	income	NOUN
taxlaw-2852	143	10	tax	tax	NOUN
taxlaw-2852	143	11	system	system	NOUN
taxlaw-2852	143	12	,	,	PUNCT
taxlaw-2852	143	13	tax	tax	NOUN
taxlaw-2852	143	14	-	-	PUNCT
taxlaw-2852	143	15	exempt	exempt	ADJ
taxlaw-2852	143	16	entities	entity	NOUN
taxlaw-2852	143	17	avoid	avoid	VERB
taxlaw-2852	143	18	tax	tax	NOUN
taxlaw-2852	143	19	on	on	ADP
taxlaw-2852	143	20	income	income	NOUN
taxlaw-2852	143	21	from	from	ADP
taxlaw-2852	143	22	the	the	DET
taxlaw-2852	143	23	activities	activity	NOUN
taxlaw-2852	143	24	that	that	PRON
taxlaw-2852	143	25	are	be	AUX
taxlaw-2852	143	26	related	relate	VERB
taxlaw-2852	143	27	to	to	ADP
taxlaw-2852	143	28	their	their	PRON
taxlaw-2852	143	29	taxexempt	taxexempt	ADJ
taxlaw-2852	143	30	status	status	NOUN
taxlaw-2852	143	31	.	.	PUNCT
taxlaw-2852	144	1	however	however	ADV
taxlaw-2852	144	2	,	,	PUNCT
taxlaw-2852	144	3	under	under	ADP
taxlaw-2852	144	4	the	the	DET
taxlaw-2852	144	5	dbcft	dbcft	NOUN
taxlaw-2852	144	6	,	,	PUNCT
taxlaw-2852	144	7	exporters	exporter	NOUN
taxlaw-2852	144	8	would	would	AUX
taxlaw-2852	144	9	pay	pay	VERB
taxlaw-2852	144	10	no	no	DET
taxlaw-2852	144	11	16	16	NUM
taxlaw-2852	144	12	this	this	PRON
taxlaw-2852	144	13	is	be	AUX
taxlaw-2852	144	14	another	another	DET
taxlaw-2852	144	15	example	example	NOUN
taxlaw-2852	144	16	where	where	SCONJ
taxlaw-2852	144	17	a	a	DET
taxlaw-2852	144	18	“	"	PUNCT
taxlaw-2852	144	19	pure	pure	ADJ
taxlaw-2852	144	20	”	"	PUNCT
taxlaw-2852	144	21	dbcft	dbcft	ADJ
taxlaw-2852	144	22	varies	varie	NOUN
taxlaw-2852	144	23	from	from	ADP
taxlaw-2852	144	24	the	the	DET
taxlaw-2852	144	25	blueprint	blueprint	NOUN
taxlaw-2852	144	26	’s	’s	PART
taxlaw-2852	144	27	version	version	NOUN
taxlaw-2852	144	28	.	.	PUNCT
taxlaw-2852	145	1	a	a	DET
taxlaw-2852	145	2	pure	pure	ADJ
taxlaw-2852	145	3	dbcft	dbcft	NOUN
taxlaw-2852	145	4	would	would	AUX
taxlaw-2852	145	5	allow	allow	VERB
taxlaw-2852	145	6	exporters	exporter	NOUN
taxlaw-2852	145	7	a	a	DET
taxlaw-2852	145	8	refund	refund	NOUN
taxlaw-2852	145	9	or	or	CCONJ
taxlaw-2852	145	10	,	,	PUNCT
taxlaw-2852	145	11	at	at	ADP
taxlaw-2852	145	12	the	the	DET
taxlaw-2852	145	13	very	very	ADV
taxlaw-2852	145	14	least	least	ADJ
taxlaw-2852	145	15	,	,	PUNCT
taxlaw-2852	145	16	allow	allow	VERB
taxlaw-2852	145	17	the	the	DET
taxlaw-2852	145	18	loss	loss	NOUN
taxlaw-2852	145	19	to	to	PART
taxlaw-2852	145	20	offset	offset	VERB
taxlaw-2852	145	21	payroll	payroll	NOUN
taxlaw-2852	145	22	taxes	taxis	NOUN
taxlaw-2852	145	23	.	.	PUNCT
taxlaw-2852	146	1	2017	2017	NUM
taxlaw-2852	146	2	]	]	PUNCT
taxlaw-2852	146	3	tax	tax	NOUN
taxlaw-2852	146	4	planning	planning	NOUN
taxlaw-2852	146	5	305	305	NUM
taxlaw-2852	146	6	tax	tax	NOUN
taxlaw-2852	146	7	and	and	CCONJ
taxlaw-2852	146	8	would	would	AUX
taxlaw-2852	146	9	receive	receive	VERB
taxlaw-2852	146	10	deductions	deduction	NOUN
taxlaw-2852	146	11	for	for	ADP
taxlaw-2852	146	12	their	their	PRON
taxlaw-2852	146	13	costs	cost	NOUN
taxlaw-2852	146	14	.	.	PUNCT
taxlaw-2852	147	1	for	for	ADP
taxlaw-2852	147	2	tax	tax	NOUN
taxlaw-2852	147	3	-	-	PUNCT
taxlaw-2852	147	4	exempt	exempt	ADJ
taxlaw-2852	147	5	organizations	organization	NOUN
taxlaw-2852	147	6	that	that	PRON
taxlaw-2852	147	7	are	be	AUX
taxlaw-2852	147	8	also	also	ADV
taxlaw-2852	147	9	exporters	exporter	NOUN
taxlaw-2852	147	10	,	,	PUNCT
taxlaw-2852	147	11	under	under	ADP
taxlaw-2852	147	12	a	a	DET
taxlaw-2852	147	13	dbcft	dbcft	NOUN
taxlaw-2852	147	14	,	,	PUNCT
taxlaw-2852	147	15	it	it	PRON
taxlaw-2852	147	16	would	would	AUX
taxlaw-2852	147	17	be	be	AUX
taxlaw-2852	147	18	better	well	ADJ
taxlaw-2852	147	19	to	to	PART
taxlaw-2852	147	20	be	be	AUX
taxlaw-2852	147	21	taxable	taxable	ADJ
taxlaw-2852	147	22	than	than	ADP
taxlaw-2852	147	23	tax	tax	NOUN
taxlaw-2852	147	24	-	-	PUNCT
taxlaw-2852	147	25	exempt	exempt	ADJ
taxlaw-2852	147	26	.	.	PUNCT
taxlaw-2852	148	1	assume	assume	VERB
taxlaw-2852	148	2	that	that	SCONJ
taxlaw-2852	148	3	a	a	DET
taxlaw-2852	148	4	u.s	u.s	PROPN
taxlaw-2852	148	5	.	.	PROPN
taxlaw-2852	148	6	university	university	NOUN
taxlaw-2852	148	7	develops	develop	VERB
taxlaw-2852	148	8	a	a	DET
taxlaw-2852	148	9	video	video	NOUN
taxlaw-2852	148	10	-	-	PUNCT
taxlaw-2852	148	11	based	base	VERB
taxlaw-2852	148	12	degree	degree	NOUN
taxlaw-2852	148	13	for	for	ADP
taxlaw-2852	148	14	which	which	PRON
taxlaw-2852	148	15	it	it	PRON
taxlaw-2852	148	16	receives	receive	VERB
taxlaw-2852	148	17	tuition	tuition	NOUN
taxlaw-2852	148	18	and	and	CCONJ
taxlaw-2852	148	19	fees	fee	NOUN
taxlaw-2852	148	20	from	from	ADP
taxlaw-2852	148	21	foreign	foreign	ADJ
taxlaw-2852	148	22	students	student	NOUN
taxlaw-2852	148	23	.	.	PUNCT
taxlaw-2852	149	1	because	because	SCONJ
taxlaw-2852	149	2	under	under	ADP
taxlaw-2852	149	3	current	current	ADJ
taxlaw-2852	149	4	law	law	NOUN
taxlaw-2852	149	5	the	the	DET
taxlaw-2852	149	6	tuition	tuition	NOUN
taxlaw-2852	149	7	and	and	CCONJ
taxlaw-2852	149	8	fees	fee	NOUN
taxlaw-2852	149	9	are	be	AUX
taxlaw-2852	149	10	exempt	exempt	ADJ
taxlaw-2852	149	11	from	from	ADP
taxlaw-2852	149	12	tax,17	tax,17	NOUN
taxlaw-2852	149	13	it	it	PRON
taxlaw-2852	149	14	makes	make	VERB
taxlaw-2852	149	15	more	more	ADJ
taxlaw-2852	149	16	sense	sense	NOUN
taxlaw-2852	149	17	for	for	SCONJ
taxlaw-2852	149	18	the	the	DET
taxlaw-2852	149	19	university	university	NOUN
taxlaw-2852	149	20	to	to	PART
taxlaw-2852	149	21	operate	operate	VERB
taxlaw-2852	149	22	the	the	DET
taxlaw-2852	149	23	video	video	NOUN
taxlaw-2852	149	24	-	-	PUNCT
taxlaw-2852	149	25	based	base	VERB
taxlaw-2852	149	26	degree	degree	NOUN
taxlaw-2852	149	27	business	business	NOUN
taxlaw-2852	149	28	as	as	ADP
taxlaw-2852	149	29	tax	tax	NOUN
taxlaw-2852	149	30	-	-	PUNCT
taxlaw-2852	149	31	exempt	exempt	ADJ
taxlaw-2852	149	32	and	and	CCONJ
taxlaw-2852	149	33	neither	neither	CCONJ
taxlaw-2852	149	34	pay	pay	VERB
taxlaw-2852	149	35	tax	tax	NOUN
taxlaw-2852	149	36	nor	nor	CCONJ
taxlaw-2852	149	37	generate	generate	VERB
taxlaw-2852	149	38	deductions	deduction	NOUN
taxlaw-2852	149	39	.	.	PUNCT
taxlaw-2852	150	1	under	under	ADP
taxlaw-2852	150	2	the	the	DET
taxlaw-2852	150	3	dbcft	dbcft	NOUN
taxlaw-2852	150	4	,	,	PUNCT
taxlaw-2852	150	5	the	the	DET
taxlaw-2852	150	6	university	university	NOUN
taxlaw-2852	150	7	would	would	AUX
taxlaw-2852	150	8	have	have	VERB
taxlaw-2852	150	9	an	an	DET
taxlaw-2852	150	10	incentive	incentive	NOUN
taxlaw-2852	150	11	to	to	PART
taxlaw-2852	150	12	contribute	contribute	VERB
taxlaw-2852	150	13	the	the	DET
taxlaw-2852	150	14	business	business	NOUN
taxlaw-2852	150	15	to	to	ADP
taxlaw-2852	150	16	a	a	DET
taxlaw-2852	150	17	taxable	taxable	ADJ
taxlaw-2852	150	18	subsidiary	subsidiary	NOUN
taxlaw-2852	150	19	.	.	PUNCT
taxlaw-2852	151	1	the	the	DET
taxlaw-2852	151	2	taxable	taxable	ADJ
taxlaw-2852	151	3	subsidiary	subsidiary	NOUN
taxlaw-2852	151	4	would	would	AUX
taxlaw-2852	151	5	not	not	PART
taxlaw-2852	151	6	pay	pay	VERB
taxlaw-2852	151	7	any	any	DET
taxlaw-2852	151	8	tax	tax	NOUN
taxlaw-2852	151	9	and	and	CCONJ
taxlaw-2852	151	10	would	would	AUX
taxlaw-2852	151	11	generate	generate	VERB
taxlaw-2852	151	12	tax	tax	NOUN
taxlaw-2852	151	13	losses	loss	NOUN
taxlaw-2852	151	14	from	from	ADP
taxlaw-2852	151	15	the	the	DET
taxlaw-2852	151	16	export	export	NOUN
taxlaw-2852	151	17	business	business	NOUN
taxlaw-2852	151	18	,	,	PUNCT
taxlaw-2852	151	19	even	even	ADV
taxlaw-2852	151	20	if	if	SCONJ
taxlaw-2852	151	21	the	the	DET
taxlaw-2852	151	22	business	business	NOUN
taxlaw-2852	151	23	were	be	AUX
taxlaw-2852	151	24	profitable	profitable	ADJ
taxlaw-2852	151	25	.	.	PUNCT
taxlaw-2852	152	1	the	the	DET
taxlaw-2852	152	2	university	university	NOUN
taxlaw-2852	152	3	could	could	AUX
taxlaw-2852	152	4	also	also	ADV
taxlaw-2852	152	5	contribute	contribute	VERB
taxlaw-2852	152	6	to	to	ADP
taxlaw-2852	152	7	the	the	DET
taxlaw-2852	152	8	taxable	taxable	ADJ
taxlaw-2852	152	9	subsidiary	subsidiary	NOUN
taxlaw-2852	152	10	assets	asset	NOUN
taxlaw-2852	152	11	that	that	PRON
taxlaw-2852	152	12	generate	generate	VERB
taxlaw-2852	152	13	unrelated	unrelated	ADJ
taxlaw-2852	152	14	business	business	NOUN
taxlaw-2852	152	15	taxable	taxable	ADJ
taxlaw-2852	152	16	income	income	NOUN
taxlaw-2852	152	17	and	and	CCONJ
taxlaw-2852	152	18	the	the	DET
taxlaw-2852	152	19	subsidiary	subsidiary	NOUN
taxlaw-2852	152	20	’s	’s	PART
taxlaw-2852	152	21	losses	loss	NOUN
taxlaw-2852	152	22	could	could	AUX
taxlaw-2852	152	23	be	be	AUX
taxlaw-2852	152	24	used	use	VERB
taxlaw-2852	152	25	to	to	PART
taxlaw-2852	152	26	help	help	VERB
taxlaw-2852	152	27	to	to	PART
taxlaw-2852	152	28	shelter	shelter	VERB
taxlaw-2852	152	29	what	what	PRON
taxlaw-2852	152	30	would	would	AUX
taxlaw-2852	152	31	otherwise	otherwise	ADV
taxlaw-2852	152	32	be	be	AUX
taxlaw-2852	152	33	taxable	taxable	ADJ
taxlaw-2852	152	34	to	to	ADP
taxlaw-2852	152	35	the	the	DET
taxlaw-2852	152	36	university.18	university.18	ADJ
taxlaw-2852	152	37	m.	m.	NOUN
taxlaw-2852	152	38	using	use	VERB
taxlaw-2852	152	39	u.s	u.s	PROPN
taxlaw-2852	152	40	.	.	PROPN
taxlaw-2852	152	41	corporations	corporation	NOUN
taxlaw-2852	152	42	as	as	ADP
taxlaw-2852	152	43	tax	tax	NOUN
taxlaw-2852	152	44	shelters	shelter	NOUN
taxlaw-2852	152	45	under	under	ADP
taxlaw-2852	152	46	a	a	DET
taxlaw-2852	152	47	dbcft	dbcft	NOUN
taxlaw-2852	152	48	,	,	PUNCT
taxlaw-2852	152	49	u.s	u.s	PROPN
taxlaw-2852	152	50	.	.	PROPN
taxlaw-2852	152	51	corporations	corporation	NOUN
taxlaw-2852	152	52	would	would	AUX
taxlaw-2852	152	53	become	become	VERB
taxlaw-2852	152	54	a	a	DET
taxlaw-2852	152	55	tax	tax	NOUN
taxlaw-2852	152	56	shelter	shelter	NOUN
taxlaw-2852	152	57	for	for	ADP
taxlaw-2852	152	58	wealthy	wealthy	ADJ
taxlaw-2852	152	59	shareholders	shareholder	NOUN
taxlaw-2852	152	60	.	.	PUNCT
taxlaw-2852	153	1	first	first	ADV
taxlaw-2852	153	2	,	,	PUNCT
taxlaw-2852	153	3	under	under	ADP
taxlaw-2852	153	4	the	the	DET
taxlaw-2852	153	5	rates	rate	NOUN
taxlaw-2852	153	6	proposed	propose	VERB
taxlaw-2852	153	7	by	by	ADP
taxlaw-2852	153	8	the	the	DET
taxlaw-2852	153	9	blueprint	blueprint	NOUN
taxlaw-2852	153	10	,	,	PUNCT
taxlaw-2852	153	11	there	there	PRON
taxlaw-2852	153	12	would	would	AUX
taxlaw-2852	153	13	be	be	AUX
taxlaw-2852	153	14	an	an	DET
taxlaw-2852	153	15	increase	increase	NOUN
taxlaw-2852	153	16	in	in	ADP
taxlaw-2852	153	17	the	the	DET
taxlaw-2852	153	18	disparity	disparity	NOUN
taxlaw-2852	153	19	between	between	ADP
taxlaw-2852	153	20	the	the	DET
taxlaw-2852	153	21	corporate	corporate	ADJ
taxlaw-2852	153	22	rate	rate	NOUN
taxlaw-2852	153	23	and	and	CCONJ
taxlaw-2852	153	24	the	the	DET
taxlaw-2852	153	25	top	top	ADJ
taxlaw-2852	153	26	individual	individual	ADJ
taxlaw-2852	153	27	rate	rate	NOUN
taxlaw-2852	153	28	(	(	PUNCT
taxlaw-2852	153	29	13	13	NUM
taxlaw-2852	153	30	percentage	percentage	NOUN
taxlaw-2852	153	31	points	point	NOUN
taxlaw-2852	153	32	as	as	SCONJ
taxlaw-2852	153	33	compared	compare	VERB
taxlaw-2852	153	34	to	to	ADP
taxlaw-2852	153	35	under	under	ADP
taxlaw-2852	153	36	9	9	NUM
taxlaw-2852	153	37	percentage	percentage	NOUN
taxlaw-2852	153	38	points	point	NOUN
taxlaw-2852	153	39	today).19	today).19	PROPN
taxlaw-2852	153	40	second	second	ADV
taxlaw-2852	153	41	,	,	PUNCT
taxlaw-2852	153	42	exporters	exporter	NOUN
taxlaw-2852	153	43	would	would	AUX
taxlaw-2852	153	44	be	be	AUX
taxlaw-2852	153	45	in	in	ADP
taxlaw-2852	153	46	perennial	perennial	ADJ
taxlaw-2852	153	47	loss	loss	NOUN
taxlaw-2852	153	48	positions	position	NOUN
taxlaw-2852	153	49	.	.	PUNCT
taxlaw-2852	154	1	shareholders	shareholder	NOUN
taxlaw-2852	154	2	could	could	AUX
taxlaw-2852	154	3	contribute	contribute	VERB
taxlaw-2852	154	4	their	their	PRON
taxlaw-2852	154	5	investment	investment	NOUN
taxlaw-2852	154	6	assets	asset	NOUN
taxlaw-2852	154	7	to	to	ADP
taxlaw-2852	154	8	their	their	PRON
taxlaw-2852	154	9	export	export	NOUN
taxlaw-2852	154	10	companies	company	NOUN
taxlaw-2852	154	11	and	and	CCONJ
taxlaw-2852	154	12	use	use	VERB
taxlaw-2852	154	13	the	the	DET
taxlaw-2852	154	14	export	export	NOUN
taxlaw-2852	154	15	losses	loss	NOUN
taxlaw-2852	154	16	to	to	PART
taxlaw-2852	154	17	reduce	reduce	VERB
taxlaw-2852	154	18	the	the	DET
taxlaw-2852	154	19	tax	tax	NOUN
taxlaw-2852	154	20	rate	rate	NOUN
taxlaw-2852	154	21	on	on	ADP
taxlaw-2852	154	22	their	their	PRON
taxlaw-2852	154	23	investment	investment	NOUN
taxlaw-2852	154	24	earnings	earning	NOUN
taxlaw-2852	154	25	to	to	ADP
taxlaw-2852	154	26	zero	zero	NUM
taxlaw-2852	154	27	.	.	PUNCT
taxlaw-2852	155	1	the	the	DET
taxlaw-2852	155	2	personal	personal	ADJ
taxlaw-2852	155	3	holding	hold	VERB
taxlaw-2852	155	4	company	company	NOUN
taxlaw-2852	155	5	rules	rule	NOUN
taxlaw-2852	155	6	and	and	CCONJ
taxlaw-2852	155	7	accumulated	accumulate	VERB
taxlaw-2852	155	8	earnings	earning	NOUN
taxlaw-2852	155	9	tax	tax	NOUN
taxlaw-2852	155	10	attempted	attempt	VERB
taxlaw-2852	155	11	to	to	PART
taxlaw-2852	155	12	prevent	prevent	VERB
taxlaw-2852	155	13	this	this	DET
taxlaw-2852	155	14	practice	practice	NOUN
taxlaw-2852	155	15	,	,	PUNCT
taxlaw-2852	155	16	but	but	CCONJ
taxlaw-2852	155	17	were	be	AUX
taxlaw-2852	155	18	notoriously	notoriously	ADV
taxlaw-2852	155	19	unsuccessful.20	unsuccessful.20	PROPN
taxlaw-2852	155	20	17	17	NUM
taxlaw-2852	155	21	see	see	ADJ
taxlaw-2852	155	22	i.r.c	i.r.c	NOUN
taxlaw-2852	155	23	.	.	PUNCT
taxlaw-2852	156	1	§	§	PROPN
taxlaw-2852	156	2	512	512	NUM
taxlaw-2852	156	3	(	(	PUNCT
taxlaw-2852	156	4	2015	2015	NUM
taxlaw-2852	156	5	)	)	PUNCT
taxlaw-2852	156	6	(	(	PUNCT
taxlaw-2852	156	7	excluding	exclude	VERB
taxlaw-2852	156	8	royalties	royalty	NOUN
taxlaw-2852	156	9	from	from	ADP
taxlaw-2852	156	10	definition	definition	NOUN
taxlaw-2852	156	11	of	of	ADP
taxlaw-2852	156	12	“	"	PUNCT
taxlaw-2852	156	13	unrelated	unrelated	ADJ
taxlaw-2852	156	14	business	business	NOUN
taxlaw-2852	156	15	taxable	taxable	ADJ
taxlaw-2852	156	16	income	income	NOUN
taxlaw-2852	156	17	”	"	PUNCT
taxlaw-2852	156	18	on	on	ADP
taxlaw-2852	156	19	which	which	PRON
taxlaw-2852	156	20	an	an	DET
taxlaw-2852	156	21	otherwise	otherwise	ADV
taxlaw-2852	156	22	exempt	exempt	ADJ
taxlaw-2852	156	23	organization	organization	NOUN
taxlaw-2852	156	24	may	may	AUX
taxlaw-2852	156	25	be	be	AUX
taxlaw-2852	156	26	subject	subject	ADJ
taxlaw-2852	156	27	to	to	ADP
taxlaw-2852	156	28	tax	tax	NOUN
taxlaw-2852	156	29	)	)	PUNCT
taxlaw-2852	156	30	.	.	PUNCT
taxlaw-2852	157	1	18	18	NUM
taxlaw-2852	158	1	i	i	PRON
taxlaw-2852	158	2	thank	thank	VERB
taxlaw-2852	158	3	richard	richard	PROPN
taxlaw-2852	158	4	upton	upton	PROPN
taxlaw-2852	158	5	for	for	ADP
taxlaw-2852	158	6	his	his	PRON
taxlaw-2852	158	7	comments	comment	NOUN
taxlaw-2852	158	8	on	on	ADP
taxlaw-2852	158	9	this	this	DET
taxlaw-2852	158	10	section	section	NOUN
taxlaw-2852	158	11	.	.	PUNCT
taxlaw-2852	159	1	19	19	NUM
taxlaw-2852	159	2	the	the	DET
taxlaw-2852	159	3	top	top	ADJ
taxlaw-2852	159	4	marginal	marginal	ADJ
taxlaw-2852	159	5	rates	rate	NOUN
taxlaw-2852	159	6	under	under	ADP
taxlaw-2852	159	7	the	the	DET
taxlaw-2852	159	8	blueprint	blueprint	NOUN
taxlaw-2852	159	9	for	for	ADP
taxlaw-2852	159	10	individuals	individual	NOUN
taxlaw-2852	159	11	and	and	CCONJ
taxlaw-2852	159	12	corporations	corporation	NOUN
taxlaw-2852	159	13	,	,	PUNCT
taxlaw-2852	159	14	respectively	respectively	ADV
taxlaw-2852	159	15	,	,	PUNCT
taxlaw-2852	159	16	are	be	AUX
taxlaw-2852	159	17	33	33	NUM
taxlaw-2852	159	18	%	%	NOUN
taxlaw-2852	159	19	and	and	CCONJ
taxlaw-2852	159	20	20	20	NUM
taxlaw-2852	159	21	%	%	NOUN
taxlaw-2852	159	22	.	.	PUNCT
taxlaw-2852	160	1	see	see	VERB
taxlaw-2852	160	2	supra	supra	PROPN
taxlaw-2852	160	3	note	note	PROPN
taxlaw-2852	160	4	1	1	NUM
taxlaw-2852	160	5	,	,	PUNCT
taxlaw-2852	160	6	at	at	ADP
taxlaw-2852	160	7	17	17	NUM
taxlaw-2852	160	8	,	,	PUNCT
taxlaw-2852	160	9	25	25	NUM
taxlaw-2852	160	10	.	.	NOUN
taxlaw-2852	160	11	20	20	NUM
taxlaw-2852	160	12	see	see	VERB
taxlaw-2852	160	13	edward	edward	PROPN
taxlaw-2852	160	14	d.	d.	PROPN
taxlaw-2852	160	15	kleinbard	kleinbard	PROPN
taxlaw-2852	160	16	,	,	PUNCT
taxlaw-2852	160	17	the	the	DET
taxlaw-2852	160	18	sorry	sorry	ADJ
taxlaw-2852	160	19	state	state	NOUN
taxlaw-2852	160	20	of	of	ADP
taxlaw-2852	160	21	capital	capital	NOUN
taxlaw-2852	160	22	income	income	NOUN
taxlaw-2852	160	23	taxation	taxation	NOUN
taxlaw-2852	160	24	,	,	PUNCT
taxlaw-2852	160	25	n.y.u	n.y.u	NOUN
taxlaw-2852	160	26	.	.	PUNCT
taxlaw-2852	161	1	school	school	NOUN
taxlaw-2852	161	2	of	of	ADP
taxlaw-2852	161	3	law	law	NOUN
taxlaw-2852	161	4	colloquium	colloquium	NOUN
taxlaw-2852	161	5	on	on	ADP
taxlaw-2852	161	6	tax	tax	NOUN
taxlaw-2852	161	7	pol’y	pol’y	NOUN
taxlaw-2852	161	8	&	&	CCONJ
taxlaw-2852	161	9	pub	pub	NOUN
taxlaw-2852	161	10	.	.	PUNCT
taxlaw-2852	162	1	fin	fin	NOUN
taxlaw-2852	162	2	.	.	PUNCT
taxlaw-2852	163	1	(	(	PUNCT
taxlaw-2852	163	2	mar	mar	PROPN
taxlaw-2852	163	3	.	.	PROPN
taxlaw-2852	163	4	6	6	NUM
taxlaw-2852	163	5	,	,	PUNCT
taxlaw-2852	163	6	2012	2012	NUM
taxlaw-2852	163	7	)	)	PUNCT
taxlaw-2852	163	8	,	,	PUNCT
taxlaw-2852	163	9	http://www.law.nyu.edu/sites/default/files/ecm_pro_071841.pdf	http://www.law.nyu.edu/sites/default/files/ecm_pro_071841.pdf	PROPN
taxlaw-2852	163	10	[	[	X
taxlaw-2852	163	11	perma.cc/q339-r5ty	perma.cc/q339-r5ty	X
taxlaw-2852	163	12	]	]	X
taxlaw-2852	163	13	(	(	PUNCT
taxlaw-2852	163	14	personal	personal	ADJ
taxlaw-2852	163	15	holding	hold	VERB
taxlaw-2852	163	16	company	company	NOUN
taxlaw-2852	163	17	and	and	CCONJ
taxlaw-2852	163	18	accumulated	accumulate	VERB
taxlaw-2852	163	19	earnings	earning	NOUN
taxlaw-2852	163	20	tax	tax	NOUN
taxlaw-2852	163	21	are	be	AUX
taxlaw-2852	163	22	inadequate	inadequate	ADJ
taxlaw-2852	163	23	to	to	PART
taxlaw-2852	163	24	protect	protect	VERB
taxlaw-2852	163	25	the	the	DET
taxlaw-2852	163	26	fisc	fisc	NOUN
taxlaw-2852	163	27	from	from	ADP
taxlaw-2852	163	28	capital	capital	NOUN
taxlaw-2852	163	29	stuffing	stuffing	NOUN
taxlaw-2852	163	30	)	)	PUNCT
taxlaw-2852	163	31	;	;	PUNCT
taxlaw-2852	163	32	see	see	VERB
taxlaw-2852	163	33	also	also	ADV
taxlaw-2852	163	34	david	david	PROPN
taxlaw-2852	163	35	a.	a.	PROPN
taxlaw-2852	163	36	weisbach	weisbach	PROPN
taxlaw-2852	163	37	,	,	PUNCT
taxlaw-2852	163	38	a	a	DET
taxlaw-2852	163	39	guide	guide	NOUN
taxlaw-2852	163	40	to	to	ADP
taxlaw-2852	163	41	the	the	DET
taxlaw-2852	163	42	gop	gop	PROPN
taxlaw-2852	163	43	tax	tax	NOUN
taxlaw-2852	163	44	plan	plan	NOUN
taxlaw-2852	163	45	–	–	PUNCT
taxlaw-2852	163	46	the	the	DET
taxlaw-2852	163	47	way	way	NOUN
taxlaw-2852	163	48	to	to	ADP
taxlaw-2852	163	49	a	a	DET
taxlaw-2852	163	50	better	well	ADJ
taxlaw-2852	163	51	way	way	NOUN
taxlaw-2852	163	52	,	,	PUNCT
taxlaw-2852	163	53	8	8	NUM
taxlaw-2852	163	54	colum	colum	NOUN
taxlaw-2852	163	55	.	.	PUNCT
taxlaw-2852	164	1	j.	j.	PROPN
taxlaw-2852	164	2	tax	tax	PROPN
taxlaw-2852	164	3	l.	l.	PROPN
taxlaw-2852	164	4	171	171	NUM
taxlaw-2852	164	5	(	(	PUNCT
taxlaw-2852	164	6	2017	2017	NUM
taxlaw-2852	164	7	)	)	PUNCT
taxlaw-2852	164	8	(	(	PUNCT
taxlaw-2852	164	9	same	same	ADJ
taxlaw-2852	164	10	problem	problem	NOUN
taxlaw-2852	164	11	existed	exist	VERB
taxlaw-2852	164	12	in	in	ADP
taxlaw-2852	164	13	the	the	DET
taxlaw-2852	164	14	bush	bush	PROPN
taxlaw-2852	164	15	tax	tax	PROPN
taxlaw-2852	164	16	commission	commission	PROPN
taxlaw-2852	164	17	’s	’s	PART
taxlaw-2852	164	18	growth	growth	NOUN
taxlaw-2852	164	19	and	and	CCONJ
taxlaw-2852	164	20	investment	investment	NOUN
taxlaw-2852	164	21	tax	tax	NOUN
taxlaw-2852	164	22	plan	plan	NOUN
taxlaw-2852	164	23	)	)	PUNCT
taxlaw-2852	164	24	.	.	PUNCT
taxlaw-2852	165	1	306	306	NUM
taxlaw-2852	165	2	columbia	columbia	PROPN
taxlaw-2852	165	3	journal	journal	NOUN
taxlaw-2852	165	4	of	of	ADP
taxlaw-2852	165	5	tax	tax	NOUN
taxlaw-2852	165	6	law	law	NOUN
taxlaw-2852	165	7	[	[	X
taxlaw-2852	165	8	vol.8:295	vol.8:295	PROPN
taxlaw-2852	165	9	n.	n.	NOUN
taxlaw-2852	165	10	preserving	preserve	VERB
taxlaw-2852	165	11	interest	interest	NOUN
taxlaw-2852	165	12	deductions	deduction	NOUN
taxlaw-2852	165	13	under	under	ADP
taxlaw-2852	165	14	the	the	DET
taxlaw-2852	165	15	dbcft	dbcft	NOUN
taxlaw-2852	165	16	,	,	PUNCT
taxlaw-2852	165	17	net	net	ADJ
taxlaw-2852	165	18	interest	interest	NOUN
taxlaw-2852	165	19	deductions	deduction	NOUN
taxlaw-2852	165	20	are	be	AUX
taxlaw-2852	165	21	denied	deny	VERB
taxlaw-2852	165	22	.	.	PUNCT
taxlaw-2852	166	1	however	however	ADV
taxlaw-2852	166	2	,	,	PUNCT
taxlaw-2852	166	3	if	if	SCONJ
taxlaw-2852	166	4	the	the	DET
taxlaw-2852	166	5	dbcft	dbcft	NOUN
taxlaw-2852	166	6	were	be	AUX
taxlaw-2852	166	7	simply	simply	ADV
taxlaw-2852	166	8	incorporated	incorporate	VERB
taxlaw-2852	166	9	into	into	ADP
taxlaw-2852	166	10	our	our	PRON
taxlaw-2852	166	11	existing	exist	VERB
taxlaw-2852	166	12	income	income	NOUN
taxlaw-2852	166	13	tax	tax	NOUN
taxlaw-2852	166	14	system	system	NOUN
taxlaw-2852	166	15	,	,	PUNCT
taxlaw-2852	166	16	taxpayers	taxpayer	NOUN
taxlaw-2852	166	17	would	would	AUX
taxlaw-2852	166	18	be	be	AUX
taxlaw-2852	166	19	able	able	ADJ
taxlaw-2852	166	20	to	to	PART
taxlaw-2852	166	21	achieve	achieve	VERB
taxlaw-2852	166	22	the	the	DET
taxlaw-2852	166	23	functional	functional	ADJ
taxlaw-2852	166	24	equivalent	equivalent	NOUN
taxlaw-2852	166	25	of	of	ADP
taxlaw-2852	166	26	a	a	DET
taxlaw-2852	166	27	deduction	deduction	NOUN
taxlaw-2852	166	28	for	for	ADP
taxlaw-2852	166	29	interest	interest	NOUN
taxlaw-2852	166	30	.	.	PUNCT
taxlaw-2852	167	1	assume	assume	VERB
taxlaw-2852	167	2	that	that	SCONJ
taxlaw-2852	167	3	an	an	DET
taxlaw-2852	167	4	individual	individual	ADJ
taxlaw-2852	167	5	investor	investor	NOUN
taxlaw-2852	167	6	holds	hold	VERB
taxlaw-2852	167	7	an	an	DET
taxlaw-2852	167	8	interest	interest	NOUN
taxlaw-2852	167	9	in	in	ADP
taxlaw-2852	167	10	a	a	DET
taxlaw-2852	167	11	domestic	domestic	ADJ
taxlaw-2852	167	12	feeder	feeder	NOUN
taxlaw-2852	167	13	fund	fund	NOUN
taxlaw-2852	167	14	that	that	PRON
taxlaw-2852	167	15	is	be	AUX
taxlaw-2852	167	16	treated	treat	VERB
taxlaw-2852	167	17	as	as	ADP
taxlaw-2852	167	18	a	a	DET
taxlaw-2852	167	19	partnership	partnership	NOUN
taxlaw-2852	167	20	for	for	ADP
taxlaw-2852	167	21	u.s	u.s	PROPN
taxlaw-2852	167	22	.	.	PROPN
taxlaw-2852	167	23	federal	federal	ADJ
taxlaw-2852	167	24	tax	tax	NOUN
taxlaw-2852	167	25	purposes	purpose	NOUN
taxlaw-2852	167	26	.	.	PUNCT
taxlaw-2852	168	1	the	the	DET
taxlaw-2852	168	2	domestic	domestic	ADJ
taxlaw-2852	168	3	feeder	feeder	NOUN
taxlaw-2852	168	4	fund	fund	NOUN
taxlaw-2852	168	5	,	,	PUNCT
taxlaw-2852	168	6	in	in	ADP
taxlaw-2852	168	7	turn	turn	NOUN
taxlaw-2852	168	8	,	,	PUNCT
taxlaw-2852	168	9	invests	invest	NOUN
taxlaw-2852	168	10	in	in	ADP
taxlaw-2852	168	11	a	a	DET
taxlaw-2852	168	12	leveraged	leveraged	ADJ
taxlaw-2852	168	13	hedge	hedge	NOUN
taxlaw-2852	168	14	fund	fund	NOUN
taxlaw-2852	168	15	that	that	PRON
taxlaw-2852	168	16	is	be	AUX
taxlaw-2852	168	17	also	also	ADV
taxlaw-2852	168	18	treated	treat	VERB
taxlaw-2852	168	19	as	as	ADP
taxlaw-2852	168	20	a	a	DET
taxlaw-2852	168	21	partnership	partnership	NOUN
taxlaw-2852	168	22	.	.	PUNCT
taxlaw-2852	169	1	under	under	ADP
taxlaw-2852	169	2	the	the	DET
taxlaw-2852	169	3	dbcft	dbcft	NOUN
taxlaw-2852	169	4	,	,	PUNCT
taxlaw-2852	169	5	interest	interest	NOUN
taxlaw-2852	169	6	deductions	deduction	NOUN
taxlaw-2852	169	7	would	would	AUX
taxlaw-2852	169	8	be	be	AUX
taxlaw-2852	169	9	denied	deny	VERB
taxlaw-2852	169	10	for	for	ADP
taxlaw-2852	169	11	the	the	DET
taxlaw-2852	169	12	hedge	hedge	PROPN
taxlaw-2852	169	13	fund	fund	PROPN
taxlaw-2852	169	14	’s	’s	PART
taxlaw-2852	169	15	interest	interest	NOUN
taxlaw-2852	169	16	expense	expense	NOUN
taxlaw-2852	169	17	.	.	PUNCT
taxlaw-2852	170	1	however	however	ADV
taxlaw-2852	170	2	,	,	PUNCT
taxlaw-2852	170	3	if	if	SCONJ
taxlaw-2852	170	4	the	the	DET
taxlaw-2852	170	5	taxpayer	taxpayer	NOUN
taxlaw-2852	170	6	were	be	AUX
taxlaw-2852	170	7	instead	instead	ADV
taxlaw-2852	170	8	to	to	PART
taxlaw-2852	170	9	invest	invest	VERB
taxlaw-2852	170	10	in	in	ADP
taxlaw-2852	170	11	a	a	DET
taxlaw-2852	170	12	foreign	foreign	ADJ
taxlaw-2852	170	13	feeder	feeder	NOUN
taxlaw-2852	170	14	fund	fund	NOUN
taxlaw-2852	170	15	that	that	PRON
taxlaw-2852	170	16	is	be	AUX
taxlaw-2852	170	17	a	a	DET
taxlaw-2852	170	18	controlled	control	VERB
taxlaw-2852	170	19	foreign	foreign	ADJ
taxlaw-2852	170	20	corporation	corporation	NOUN
taxlaw-2852	170	21	(	(	PUNCT
taxlaw-2852	170	22	“	"	PUNCT
taxlaw-2852	170	23	cfc	cfc	PROPN
taxlaw-2852	170	24	”	"	PUNCT
taxlaw-2852	170	25	)	)	PUNCT
taxlaw-2852	170	26	or	or	CCONJ
taxlaw-2852	170	27	a	a	DET
taxlaw-2852	170	28	passive	passive	ADJ
taxlaw-2852	170	29	foreign	foreign	ADJ
taxlaw-2852	170	30	investment	investment	NOUN
taxlaw-2852	170	31	corporation	corporation	NOUN
taxlaw-2852	170	32	(	(	PUNCT
taxlaw-2852	170	33	“	"	PUNCT
taxlaw-2852	170	34	pfic	pfic	NOUN
taxlaw-2852	170	35	”	"	PUNCT
taxlaw-2852	170	36	)	)	PUNCT
taxlaw-2852	170	37	that	that	PRON
taxlaw-2852	170	38	has	have	AUX
taxlaw-2852	170	39	made	make	VERB
taxlaw-2852	170	40	a	a	DET
taxlaw-2852	170	41	qualified	qualified	ADJ
taxlaw-2852	170	42	electing	elect	VERB
taxlaw-2852	170	43	fund	fund	NOUN
taxlaw-2852	170	44	(	(	PUNCT
taxlaw-2852	170	45	“	"	PUNCT
taxlaw-2852	170	46	qef	qef	PROPN
taxlaw-2852	170	47	”	"	PUNCT
taxlaw-2852	170	48	)	)	PUNCT
taxlaw-2852	170	49	election	election	NOUN
taxlaw-2852	170	50	,	,	PUNCT
taxlaw-2852	170	51	and	and	CCONJ
taxlaw-2852	170	52	the	the	DET
taxlaw-2852	170	53	foreign	foreign	ADJ
taxlaw-2852	170	54	feeder	feeder	NOUN
taxlaw-2852	170	55	fund	fund	NOUN
taxlaw-2852	170	56	invests	invest	NOUN
taxlaw-2852	170	57	in	in	ADP
taxlaw-2852	170	58	the	the	DET
taxlaw-2852	170	59	hedge	hedge	PROPN
taxlaw-2852	170	60	fund	fund	PROPN
taxlaw-2852	170	61	partnership	partnership	PROPN
taxlaw-2852	170	62	,	,	PUNCT
taxlaw-2852	170	63	then	then	ADV
taxlaw-2852	170	64	the	the	DET
taxlaw-2852	170	65	interest	interest	NOUN
taxlaw-2852	170	66	expense	expense	NOUN
taxlaw-2852	170	67	of	of	ADP
taxlaw-2852	170	68	the	the	DET
taxlaw-2852	170	69	hedge	hedge	PROPN
taxlaw-2852	170	70	fund	fund	PROPN
taxlaw-2852	170	71	partnership	partnership	NOUN
taxlaw-2852	170	72	would	would	AUX
taxlaw-2852	170	73	reduce	reduce	VERB
taxlaw-2852	170	74	the	the	DET
taxlaw-2852	170	75	earnings	earning	NOUN
taxlaw-2852	170	76	and	and	CCONJ
taxlaw-2852	170	77	profits	profit	NOUN
taxlaw-2852	170	78	of	of	ADP
taxlaw-2852	170	79	the	the	DET
taxlaw-2852	170	80	foreign	foreign	ADJ
taxlaw-2852	170	81	feeder	feeder	NOUN
taxlaw-2852	170	82	fund	fund	NOUN
taxlaw-2852	170	83	,	,	PUNCT
taxlaw-2852	170	84	which	which	PRON
taxlaw-2852	170	85	could	could	AUX
taxlaw-2852	170	86	include	include	VERB
taxlaw-2852	170	87	interest	interest	NOUN
taxlaw-2852	170	88	,	,	PUNCT
taxlaw-2852	170	89	dividend	dividend	NOUN
taxlaw-2852	170	90	income	income	NOUN
taxlaw-2852	170	91	,	,	PUNCT
taxlaw-2852	170	92	and	and	CCONJ
taxlaw-2852	170	93	capital	capital	NOUN
taxlaw-2852	170	94	gains	gain	NOUN
taxlaw-2852	170	95	.	.	PUNCT
taxlaw-2852	171	1	through	through	ADP
taxlaw-2852	171	2	this	this	DET
taxlaw-2852	171	3	mechanism	mechanism	NOUN
taxlaw-2852	171	4	,	,	PUNCT
taxlaw-2852	171	5	interest	interest	NOUN
taxlaw-2852	171	6	expense	expense	NOUN
taxlaw-2852	171	7	,	,	PUNCT
taxlaw-2852	171	8	which	which	PRON
taxlaw-2852	171	9	is	be	AUX
taxlaw-2852	171	10	only	only	ADV
taxlaw-2852	171	11	supposed	suppose	VERB
taxlaw-2852	171	12	to	to	PART
taxlaw-2852	171	13	offset	offset	VERB
taxlaw-2852	171	14	interest	interest	NOUN
taxlaw-2852	171	15	income	income	NOUN
taxlaw-2852	171	16	,	,	PUNCT
taxlaw-2852	171	17	could	could	AUX
taxlaw-2852	171	18	offset	offset	VERB
taxlaw-2852	171	19	other	other	ADJ
taxlaw-2852	171	20	income	income	NOUN
taxlaw-2852	171	21	as	as	ADV
taxlaw-2852	171	22	well	well	ADV
taxlaw-2852	171	23	.	.	PUNCT
taxlaw-2852	172	1	alternatively	alternatively	ADV
taxlaw-2852	172	2	,	,	PUNCT
taxlaw-2852	172	3	the	the	DET
taxlaw-2852	172	4	taxpayer	taxpayer	NOUN
taxlaw-2852	172	5	could	could	AUX
taxlaw-2852	172	6	use	use	VERB
taxlaw-2852	172	7	any	any	PRON
taxlaw-2852	172	8	of	of	ADP
taxlaw-2852	172	9	a	a	DET
taxlaw-2852	172	10	number	number	NOUN
taxlaw-2852	172	11	of	of	ADP
taxlaw-2852	172	12	financial	financial	ADJ
taxlaw-2852	172	13	instruments	instrument	NOUN
taxlaw-2852	172	14	that	that	PRON
taxlaw-2852	172	15	are	be	AUX
taxlaw-2852	172	16	not	not	PART
taxlaw-2852	172	17	characterized	characterize	VERB
taxlaw-2852	172	18	as	as	ADP
taxlaw-2852	172	19	indebtedness	indebtedness	NOUN
taxlaw-2852	172	20	(	(	PUNCT
taxlaw-2852	172	21	and	and	CCONJ
taxlaw-2852	172	22	therefore	therefore	ADV
taxlaw-2852	172	23	do	do	AUX
taxlaw-2852	172	24	not	not	PART
taxlaw-2852	172	25	generate	generate	VERB
taxlaw-2852	172	26	interest	interest	NOUN
taxlaw-2852	172	27	expense	expense	NOUN
taxlaw-2852	172	28	)	)	PUNCT
taxlaw-2852	172	29	but	but	CCONJ
taxlaw-2852	172	30	contain	contain	VERB
taxlaw-2852	172	31	time	time	NOUN
taxlaw-2852	172	32	value	value	NOUN
taxlaw-2852	172	33	components	component	NOUN
taxlaw-2852	172	34	.	.	PUNCT
taxlaw-2852	173	1	for	for	ADP
taxlaw-2852	173	2	example	example	NOUN
taxlaw-2852	173	3	,	,	PUNCT
taxlaw-2852	173	4	a	a	DET
taxlaw-2852	173	5	contract	contract	NOUN
taxlaw-2852	173	6	that	that	PRON
taxlaw-2852	173	7	provides	provide	VERB
taxlaw-2852	173	8	an	an	DET
taxlaw-2852	173	9	up	up	ADJ
taxlaw-2852	173	10	-	-	PUNCT
taxlaw-2852	173	11	front	front	NOUN
taxlaw-2852	173	12	payment	payment	NOUN
taxlaw-2852	173	13	for	for	ADP
taxlaw-2852	173	14	the	the	DET
taxlaw-2852	173	15	obligation	obligation	NOUN
taxlaw-2852	173	16	to	to	PART
taxlaw-2852	173	17	deliver	deliver	VERB
taxlaw-2852	173	18	commodities	commodity	NOUN
taxlaw-2852	173	19	or	or	CCONJ
taxlaw-2852	173	20	publicly	publicly	ADV
taxlaw-2852	173	21	-	-	PUNCT
taxlaw-2852	173	22	traded	trade	VERB
taxlaw-2852	173	23	security	security	NOUN
taxlaw-2852	173	24	in	in	ADP
taxlaw-2852	173	25	the	the	DET
taxlaw-2852	173	26	future	future	NOUN
taxlaw-2852	173	27	contains	contain	VERB
taxlaw-2852	173	28	a	a	DET
taxlaw-2852	173	29	significant	significant	ADJ
taxlaw-2852	173	30	time	time	NOUN
taxlaw-2852	173	31	value	value	NOUN
taxlaw-2852	173	32	component	component	NOUN
taxlaw-2852	173	33	,	,	PUNCT
taxlaw-2852	173	34	which	which	PRON
taxlaw-2852	173	35	would	would	AUX
taxlaw-2852	173	36	offset	offset	VERB
taxlaw-2852	173	37	income	income	NOUN
taxlaw-2852	173	38	on	on	ADP
taxlaw-2852	173	39	the	the	DET
taxlaw-2852	173	40	delivery	delivery	NOUN
taxlaw-2852	173	41	but	but	CCONJ
taxlaw-2852	173	42	would	would	AUX
taxlaw-2852	173	43	not	not	PART
taxlaw-2852	173	44	be	be	AUX
taxlaw-2852	173	45	treated	treat	VERB
taxlaw-2852	173	46	as	as	ADP
taxlaw-2852	173	47	interest	interest	NOUN
taxlaw-2852	173	48	.	.	PUNCT
taxlaw-2852	174	1	if	if	SCONJ
taxlaw-2852	174	2	interest	interest	NOUN
taxlaw-2852	174	3	deductions	deduction	NOUN
taxlaw-2852	174	4	are	be	AUX
taxlaw-2852	174	5	denied	deny	VERB
taxlaw-2852	174	6	,	,	PUNCT
taxlaw-2852	174	7	these	these	PRON
taxlaw-2852	174	8	and	and	CCONJ
taxlaw-2852	174	9	similar	similar	ADJ
taxlaw-2852	174	10	arrangements	arrangement	NOUN
taxlaw-2852	174	11	could	could	AUX
taxlaw-2852	174	12	be	be	AUX
taxlaw-2852	174	13	used	use	VERB
taxlaw-2852	174	14	to	to	PART
taxlaw-2852	174	15	achieve	achieve	VERB
taxlaw-2852	174	16	the	the	DET
taxlaw-2852	174	17	effect	effect	NOUN
taxlaw-2852	174	18	of	of	ADP
taxlaw-2852	174	19	an	an	DET
taxlaw-2852	174	20	interest	interest	NOUN
taxlaw-2852	174	21	deduction.21	deduction.21	NOUN
taxlaw-2852	174	22	on	on	ADP
taxlaw-2852	174	23	the	the	DET
taxlaw-2852	174	24	other	other	ADJ
taxlaw-2852	174	25	hand	hand	NOUN
taxlaw-2852	174	26	,	,	PUNCT
taxlaw-2852	174	27	for	for	ADP
taxlaw-2852	174	28	a	a	DET
taxlaw-2852	174	29	taxpayer	taxpayer	NOUN
taxlaw-2852	174	30	that	that	PRON
taxlaw-2852	174	31	does	do	AUX
taxlaw-2852	174	32	incur	incur	VERB
taxlaw-2852	174	33	interest	interest	NOUN
taxlaw-2852	174	34	expense	expense	NOUN
taxlaw-2852	174	35	,	,	PUNCT
taxlaw-2852	174	36	interest	interest	NOUN
taxlaw-2852	174	37	income	income	NOUN
taxlaw-2852	174	38	would	would	AUX
taxlaw-2852	174	39	be	be	AUX
taxlaw-2852	174	40	desirable	desirable	ADJ
taxlaw-2852	174	41	because	because	SCONJ
taxlaw-2852	174	42	interest	interest	NOUN
taxlaw-2852	174	43	expense	expense	NOUN
taxlaw-2852	174	44	could	could	AUX
taxlaw-2852	174	45	be	be	AUX
taxlaw-2852	174	46	deducted	deduct	VERB
taxlaw-2852	174	47	only	only	ADV
taxlaw-2852	174	48	against	against	ADP
taxlaw-2852	174	49	interest	interest	NOUN
taxlaw-2852	174	50	income	income	NOUN
taxlaw-2852	174	51	.	.	PUNCT
taxlaw-2852	175	1	under	under	ADP
taxlaw-2852	175	2	current	current	ADJ
taxlaw-2852	175	3	income	income	NOUN
taxlaw-2852	175	4	21	21	NUM
taxlaw-2852	175	5	it	it	PRON
taxlaw-2852	175	6	is	be	AUX
taxlaw-2852	175	7	possible	possible	ADJ
taxlaw-2852	175	8	that	that	SCONJ
taxlaw-2852	175	9	the	the	DET
taxlaw-2852	175	10	blueprint	blueprint	NOUN
taxlaw-2852	175	11	intends	intend	VERB
taxlaw-2852	175	12	to	to	PART
taxlaw-2852	175	13	deny	deny	VERB
taxlaw-2852	175	14	interest	interest	NOUN
taxlaw-2852	175	15	expense	expense	NOUN
taxlaw-2852	175	16	only	only	ADV
taxlaw-2852	175	17	for	for	ADP
taxlaw-2852	175	18	borrowings	borrowing	NOUN
taxlaw-2852	175	19	that	that	PRON
taxlaw-2852	175	20	are	be	AUX
taxlaw-2852	175	21	used	use	VERB
taxlaw-2852	175	22	to	to	PART
taxlaw-2852	175	23	buy	buy	VERB
taxlaw-2852	175	24	property	property	NOUN
taxlaw-2852	175	25	that	that	PRON
taxlaw-2852	175	26	is	be	AUX
taxlaw-2852	175	27	expensed	expense	VERB
taxlaw-2852	175	28	.	.	PUNCT
taxlaw-2852	176	1	this	this	PRON
taxlaw-2852	176	2	would	would	AUX
taxlaw-2852	176	3	be	be	AUX
taxlaw-2852	176	4	consistent	consistent	ADJ
taxlaw-2852	176	5	with	with	ADP
taxlaw-2852	176	6	the	the	DET
taxlaw-2852	176	7	purpose	purpose	NOUN
taxlaw-2852	176	8	behind	behind	ADP
taxlaw-2852	176	9	the	the	DET
taxlaw-2852	176	10	denial	denial	NOUN
taxlaw-2852	176	11	–	–	PUNCT
taxlaw-2852	176	12	to	to	PART
taxlaw-2852	176	13	treat	treat	VERB
taxlaw-2852	176	14	the	the	DET
taxlaw-2852	176	15	marginal	marginal	ADJ
taxlaw-2852	176	16	effective	effective	ADJ
taxlaw-2852	176	17	rate	rate	NOUN
taxlaw-2852	176	18	of	of	ADP
taxlaw-2852	176	19	new	new	ADJ
taxlaw-2852	176	20	investment	investment	NOUN
taxlaw-2852	176	21	to	to	PART
taxlaw-2852	176	22	be	be	AUX
taxlaw-2852	176	23	zero	zero	NUM
taxlaw-2852	176	24	.	.	PUNCT
taxlaw-2852	177	1	the	the	DET
taxlaw-2852	177	2	blueprint	blueprint	NOUN
taxlaw-2852	177	3	retains	retain	VERB
taxlaw-2852	177	4	an	an	DET
taxlaw-2852	177	5	income	income	NOUN
taxlaw-2852	177	6	tax	tax	NOUN
taxlaw-2852	177	7	for	for	ADP
taxlaw-2852	177	8	financial	financial	ADJ
taxlaw-2852	177	9	assets	asset	NOUN
taxlaw-2852	177	10	,	,	PUNCT
taxlaw-2852	177	11	and	and	CCONJ
taxlaw-2852	177	12	so	so	ADV
taxlaw-2852	177	13	it	it	PRON
taxlaw-2852	177	14	would	would	AUX
taxlaw-2852	177	15	be	be	AUX
taxlaw-2852	177	16	consistent	consistent	ADJ
taxlaw-2852	177	17	to	to	PART
taxlaw-2852	177	18	allow	allow	VERB
taxlaw-2852	177	19	interest	interest	NOUN
taxlaw-2852	177	20	deductions	deduction	NOUN
taxlaw-2852	177	21	for	for	ADP
taxlaw-2852	177	22	debt	debt	NOUN
taxlaw-2852	177	23	used	use	VERB
taxlaw-2852	177	24	to	to	PART
taxlaw-2852	177	25	purchase	purchase	VERB
taxlaw-2852	177	26	financial	financial	ADJ
taxlaw-2852	177	27	assets	asset	NOUN
taxlaw-2852	177	28	.	.	PUNCT
taxlaw-2852	178	1	then	then	ADV
taxlaw-2852	178	2	interest	interest	NOUN
taxlaw-2852	178	3	would	would	AUX
taxlaw-2852	178	4	be	be	AUX
taxlaw-2852	178	5	entirely	entirely	ADV
taxlaw-2852	178	6	disallowed	disallow	VERB
taxlaw-2852	178	7	on	on	ADP
taxlaw-2852	178	8	debt	debt	NOUN
taxlaw-2852	178	9	used	use	VERB
taxlaw-2852	178	10	to	to	PART
taxlaw-2852	178	11	purchase	purchase	VERB
taxlaw-2852	178	12	expensed	expense	VERB
taxlaw-2852	178	13	property	property	NOUN
taxlaw-2852	178	14	(	(	PUNCT
taxlaw-2852	178	15	and	and	CCONJ
taxlaw-2852	178	16	not	not	PART
taxlaw-2852	178	17	allowable	allowable	ADJ
taxlaw-2852	178	18	to	to	ADP
taxlaw-2852	178	19	the	the	DET
taxlaw-2852	178	20	extent	extent	NOUN
taxlaw-2852	178	21	of	of	ADP
taxlaw-2852	178	22	interest	interest	NOUN
taxlaw-2852	178	23	income	income	NOUN
taxlaw-2852	178	24	)	)	PUNCT
taxlaw-2852	178	25	,	,	PUNCT
taxlaw-2852	178	26	and	and	CCONJ
taxlaw-2852	178	27	entirely	entirely	ADV
taxlaw-2852	178	28	allowable	allowable	ADJ
taxlaw-2852	178	29	with	with	ADP
taxlaw-2852	178	30	respect	respect	NOUN
taxlaw-2852	178	31	to	to	ADP
taxlaw-2852	178	32	other	other	ADJ
taxlaw-2852	178	33	debt	debt	NOUN
taxlaw-2852	178	34	(	(	PUNCT
taxlaw-2852	178	35	and	and	CCONJ
taxlaw-2852	178	36	not	not	PART
taxlaw-2852	178	37	limited	limit	VERB
taxlaw-2852	178	38	to	to	ADP
taxlaw-2852	178	39	the	the	DET
taxlaw-2852	178	40	extent	extent	NOUN
taxlaw-2852	178	41	of	of	ADP
taxlaw-2852	178	42	interest	interest	NOUN
taxlaw-2852	178	43	income	income	NOUN
taxlaw-2852	178	44	)	)	PUNCT
taxlaw-2852	178	45	.	.	PUNCT
taxlaw-2852	179	1	however	however	ADV
taxlaw-2852	179	2	,	,	PUNCT
taxlaw-2852	179	3	because	because	SCONJ
taxlaw-2852	179	4	money	money	NOUN
taxlaw-2852	179	5	is	be	AUX
taxlaw-2852	179	6	fungible	fungible	ADJ
taxlaw-2852	179	7	,	,	PUNCT
taxlaw-2852	179	8	tracing	trace	VERB
taxlaw-2852	179	9	rules	rule	NOUN
taxlaw-2852	179	10	would	would	AUX
taxlaw-2852	179	11	be	be	AUX
taxlaw-2852	179	12	easy	easy	ADJ
taxlaw-2852	179	13	to	to	PART
taxlaw-2852	179	14	avoid	avoid	VERB
taxlaw-2852	179	15	.	.	PUNCT
taxlaw-2852	180	1	2017	2017	NUM
taxlaw-2852	180	2	]	]	PUNCT
taxlaw-2852	180	3	tax	tax	NOUN
taxlaw-2852	180	4	planning	planning	NOUN
taxlaw-2852	180	5	307	307	NUM
taxlaw-2852	180	6	tax	tax	NOUN
taxlaw-2852	180	7	law	law	NOUN
taxlaw-2852	180	8	,	,	PUNCT
taxlaw-2852	180	9	taxpayers	taxpayer	NOUN
taxlaw-2852	180	10	have	have	VERB
taxlaw-2852	180	11	quite	quite	DET
taxlaw-2852	180	12	a	a	DET
taxlaw-2852	180	13	lot	lot	NOUN
taxlaw-2852	180	14	of	of	ADP
taxlaw-2852	180	15	flexibility	flexibility	NOUN
taxlaw-2852	180	16	to	to	PART
taxlaw-2852	180	17	combine	combine	VERB
taxlaw-2852	180	18	various	various	ADJ
taxlaw-2852	180	19	financial	financial	ADJ
taxlaw-2852	180	20	instruments	instrument	NOUN
taxlaw-2852	180	21	with	with	ADP
taxlaw-2852	180	22	debt	debt	NOUN
taxlaw-2852	180	23	,	,	PUNCT
taxlaw-2852	180	24	and	and	CCONJ
taxlaw-2852	180	25	create	create	VERB
taxlaw-2852	180	26	a	a	DET
taxlaw-2852	180	27	single	single	ADJ
taxlaw-2852	180	28	debt	debt	NOUN
taxlaw-2852	180	29	instrument	instrument	NOUN
taxlaw-2852	180	30	that	that	PRON
taxlaw-2852	180	31	generates	generate	VERB
taxlaw-2852	180	32	only	only	ADV
taxlaw-2852	180	33	interest	interest	NOUN
taxlaw-2852	180	34	income	income	NOUN
taxlaw-2852	180	35	.	.	PUNCT
taxlaw-2852	181	1	for	for	ADP
taxlaw-2852	181	2	example	example	NOUN
taxlaw-2852	181	3	,	,	PUNCT
taxlaw-2852	181	4	assume	assume	VERB
taxlaw-2852	181	5	that	that	SCONJ
taxlaw-2852	181	6	a	a	DET
taxlaw-2852	181	7	taxpayer	taxpayer	NOUN
taxlaw-2852	181	8	has	have	VERB
taxlaw-2852	181	9	excess	excess	ADJ
taxlaw-2852	181	10	interest	interest	NOUN
taxlaw-2852	181	11	expense	expense	NOUN
taxlaw-2852	181	12	.	.	PUNCT
taxlaw-2852	182	1	the	the	DET
taxlaw-2852	182	2	taxpayer	taxpayer	NOUN
taxlaw-2852	182	3	wishes	wish	VERB
taxlaw-2852	182	4	to	to	PART
taxlaw-2852	182	5	purchase	purchase	VERB
taxlaw-2852	182	6	both	both	DET
taxlaw-2852	182	7	a	a	DET
taxlaw-2852	182	8	$	$	SYM
taxlaw-2852	182	9	1,000	1,000	NUM
taxlaw-2852	182	10	bond	bond	NOUN
taxlaw-2852	182	11	from	from	ADP
taxlaw-2852	182	12	a	a	DET
taxlaw-2852	182	13	financial	financial	ADJ
taxlaw-2852	182	14	institution	institution	NOUN
taxlaw-2852	182	15	and	and	CCONJ
taxlaw-2852	182	16	a	a	DET
taxlaw-2852	182	17	$	$	SYM
taxlaw-2852	182	18	100	100	NUM
taxlaw-2852	182	19	at	at	ADP
taxlaw-2852	182	20	-	-	PUNCT
taxlaw-2852	182	21	the	the	DET
taxlaw-2852	182	22	-	-	PUNCT
taxlaw-2852	182	23	money	money	NOUN
taxlaw-2852	182	24	option	option	NOUN
taxlaw-2852	182	25	with	with	ADP
taxlaw-2852	182	26	respect	respect	NOUN
taxlaw-2852	182	27	to	to	ADP
taxlaw-2852	182	28	the	the	DET
taxlaw-2852	182	29	stock	stock	NOUN
taxlaw-2852	182	30	of	of	ADP
taxlaw-2852	182	31	a	a	DET
taxlaw-2852	182	32	publicly	publicly	ADV
taxlaw-2852	182	33	-	-	PUNCT
taxlaw-2852	182	34	traded	trade	VERB
taxlaw-2852	182	35	company	company	NOUN
taxlaw-2852	182	36	.	.	PUNCT
taxlaw-2852	183	1	the	the	DET
taxlaw-2852	183	2	taxpayer	taxpayer	NOUN
taxlaw-2852	183	3	could	could	AUX
taxlaw-2852	183	4	combine	combine	VERB
taxlaw-2852	183	5	the	the	DET
taxlaw-2852	183	6	two	two	NUM
taxlaw-2852	183	7	instruments	instrument	NOUN
taxlaw-2852	183	8	into	into	ADP
taxlaw-2852	183	9	a	a	DET
taxlaw-2852	183	10	single	single	ADJ
taxlaw-2852	183	11	contingent	contingent	NOUN
taxlaw-2852	183	12	payment	payment	NOUN
taxlaw-2852	183	13	debt	debt	NOUN
taxlaw-2852	183	14	instrument	instrument	NOUN
taxlaw-2852	183	15	(	(	PUNCT
taxlaw-2852	183	16	“	"	PUNCT
taxlaw-2852	183	17	cpdi	cpdi	NOUN
taxlaw-2852	183	18	”	"	PUNCT
taxlaw-2852	183	19	):	):	PUNCT
taxlaw-2852	183	20	the	the	DET
taxlaw-2852	183	21	taxpayer	taxpayer	NOUN
taxlaw-2852	183	22	would	would	AUX
taxlaw-2852	183	23	advance	advance	VERB
taxlaw-2852	183	24	$	$	SYM
taxlaw-2852	183	25	1,100	1,100	NUM
taxlaw-2852	183	26	to	to	ADP
taxlaw-2852	183	27	the	the	DET
taxlaw-2852	183	28	financial	financial	ADJ
taxlaw-2852	183	29	institution	institution	NOUN
taxlaw-2852	183	30	and	and	CCONJ
taxlaw-2852	183	31	receive	receive	VERB
taxlaw-2852	183	32	back	back	ADV
taxlaw-2852	183	33	at	at	ADP
taxlaw-2852	183	34	maturity	maturity	NOUN
taxlaw-2852	183	35	$	$	SYM
taxlaw-2852	183	36	1,000	1,000	NUM
taxlaw-2852	183	37	plus	plus	CCONJ
taxlaw-2852	183	38	the	the	DET
taxlaw-2852	183	39	increase	increase	NOUN
taxlaw-2852	183	40	in	in	ADP
taxlaw-2852	183	41	the	the	DET
taxlaw-2852	183	42	value	value	NOUN
taxlaw-2852	183	43	of	of	ADP
taxlaw-2852	183	44	the	the	DET
taxlaw-2852	183	45	publicly	publicly	ADV
taxlaw-2852	183	46	-	-	PUNCT
taxlaw-2852	183	47	traded	trade	VERB
taxlaw-2852	183	48	company	company	NOUN
taxlaw-2852	183	49	.	.	PUNCT
taxlaw-2852	184	1	although	although	SCONJ
taxlaw-2852	184	2	the	the	DET
taxlaw-2852	184	3	taxpayer	taxpayer	NOUN
taxlaw-2852	184	4	’s	’s	PART
taxlaw-2852	184	5	economics	economic	NOUN
taxlaw-2852	184	6	would	would	AUX
taxlaw-2852	184	7	have	have	AUX
taxlaw-2852	184	8	not	not	PART
taxlaw-2852	184	9	changed	change	VERB
taxlaw-2852	184	10	,	,	PUNCT
taxlaw-2852	184	11	the	the	DET
taxlaw-2852	184	12	taxpayer	taxpayer	NOUN
taxlaw-2852	184	13	’s	’s	PART
taxlaw-2852	184	14	entire	entire	ADJ
taxlaw-2852	184	15	return	return	NOUN
taxlaw-2852	184	16	on	on	ADP
taxlaw-2852	184	17	its	its	PRON
taxlaw-2852	184	18	combined	combined	ADJ
taxlaw-2852	184	19	investment	investment	NOUN
taxlaw-2852	184	20	would	would	AUX
taxlaw-2852	184	21	be	be	AUX
taxlaw-2852	184	22	interest	interest	NOUN
taxlaw-2852	184	23	income	income	NOUN
taxlaw-2852	184	24	,	,	PUNCT
taxlaw-2852	184	25	which	which	PRON
taxlaw-2852	184	26	could	could	AUX
taxlaw-2852	184	27	be	be	AUX
taxlaw-2852	184	28	offset	offset	VERB
taxlaw-2852	184	29	by	by	ADP
taxlaw-2852	184	30	the	the	DET
taxlaw-2852	184	31	taxpayer	taxpayer	NOUN
taxlaw-2852	184	32	’s	’s	PART
taxlaw-2852	184	33	excess	excess	ADJ
taxlaw-2852	184	34	interest	interest	NOUN
taxlaw-2852	184	35	expense	expense	NOUN
taxlaw-2852	184	36	.	.	PUNCT
taxlaw-2852	185	1	had	have	AUX
taxlaw-2852	185	2	the	the	DET
taxlaw-2852	185	3	taxpayer	taxpayer	NOUN
taxlaw-2852	185	4	instead	instead	ADV
taxlaw-2852	185	5	kept	keep	VERB
taxlaw-2852	185	6	the	the	DET
taxlaw-2852	185	7	two	two	NUM
taxlaw-2852	185	8	investments	investment	NOUN
taxlaw-2852	185	9	separate	separate	ADJ
taxlaw-2852	185	10	,	,	PUNCT
taxlaw-2852	185	11	gain	gain	VERB
taxlaw-2852	185	12	on	on	ADP
taxlaw-2852	185	13	the	the	DET
taxlaw-2852	185	14	option	option	NOUN
taxlaw-2852	185	15	would	would	AUX
taxlaw-2852	185	16	not	not	PART
taxlaw-2852	185	17	be	be	AUX
taxlaw-2852	185	18	treated	treat	VERB
taxlaw-2852	185	19	as	as	ADP
taxlaw-2852	185	20	interest	interest	NOUN
taxlaw-2852	185	21	income	income	NOUN
taxlaw-2852	185	22	.	.	PUNCT
taxlaw-2852	186	1	o.	o.	PROPN
taxlaw-2852	186	2	foreign	foreign	ADJ
taxlaw-2852	186	3	companies	company	NOUN
taxlaw-2852	186	4	could	could	AUX
taxlaw-2852	186	5	move	move	VERB
taxlaw-2852	186	6	to	to	ADP
taxlaw-2852	186	7	the	the	DET
taxlaw-2852	186	8	united	united	PROPN
taxlaw-2852	186	9	states	states	PROPN
taxlaw-2852	186	10	to	to	PART
taxlaw-2852	186	11	receive	receive	VERB
taxlaw-2852	186	12	a	a	DET
taxlaw-2852	186	13	subsidy	subsidy	ADJ
taxlaw-2852	186	14	foreign	foreign	ADJ
taxlaw-2852	186	15	companies	company	NOUN
taxlaw-2852	186	16	that	that	PRON
taxlaw-2852	186	17	make	make	VERB
taxlaw-2852	186	18	goods	good	NOUN
taxlaw-2852	186	19	and	and	CCONJ
taxlaw-2852	186	20	sell	sell	VERB
taxlaw-2852	186	21	them	they	PRON
taxlaw-2852	186	22	abroad	abroad	ADV
taxlaw-2852	186	23	and	and	CCONJ
taxlaw-2852	186	24	whose	whose	DET
taxlaw-2852	186	25	employees	employee	NOUN
taxlaw-2852	186	26	are	be	AUX
taxlaw-2852	186	27	in	in	ADP
taxlaw-2852	186	28	the	the	DET
taxlaw-2852	186	29	15	15	NUM
taxlaw-2852	186	30	%	%	NOUN
taxlaw-2852	186	31	tax	tax	NOUN
taxlaw-2852	186	32	bracket	bracket	NOUN
taxlaw-2852	186	33	could	could	AUX
taxlaw-2852	186	34	receive	receive	VERB
taxlaw-2852	186	35	a	a	DET
taxlaw-2852	186	36	u.s	u.s	PROPN
taxlaw-2852	186	37	.	.	PROPN
taxlaw-2852	186	38	subsidy	subsidy	NOUN
taxlaw-2852	186	39	by	by	ADP
taxlaw-2852	186	40	moving	move	VERB
taxlaw-2852	186	41	their	their	PRON
taxlaw-2852	186	42	operations	operation	NOUN
taxlaw-2852	186	43	to	to	ADP
taxlaw-2852	186	44	the	the	DET
taxlaw-2852	186	45	united	united	PROPN
taxlaw-2852	186	46	states	states	PROPN
taxlaw-2852	186	47	,	,	PUNCT
taxlaw-2852	186	48	claiming	claim	VERB
taxlaw-2852	186	49	a	a	DET
taxlaw-2852	186	50	deduction	deduction	NOUN
taxlaw-2852	186	51	for	for	ADP
taxlaw-2852	186	52	wages	wage	NOUN
taxlaw-2852	186	53	taxable	taxable	ADJ
taxlaw-2852	186	54	at	at	ADP
taxlaw-2852	186	55	a	a	DET
taxlaw-2852	186	56	20	20	NUM
taxlaw-2852	186	57	%	%	NOUN
taxlaw-2852	186	58	rate	rate	NOUN
taxlaw-2852	186	59	,	,	PUNCT
taxlaw-2852	186	60	and	and	CCONJ
taxlaw-2852	186	61	paying	pay	VERB
taxlaw-2852	186	62	workers	worker	NOUN
taxlaw-2852	186	63	taxable	taxable	ADJ
taxlaw-2852	186	64	at	at	ADP
taxlaw-2852	186	65	15	15	NUM
taxlaw-2852	186	66	%	%	NOUN
taxlaw-2852	186	67	.	.	PUNCT
taxlaw-2852	187	1	p.	p.	NOUN
taxlaw-2852	187	2	low	low	ADJ
taxlaw-2852	187	3	-	-	PUNCT
taxlaw-2852	187	4	cost	cost	NOUN
taxlaw-2852	187	5	insurance	insurance	NOUN
taxlaw-2852	187	6	in	in	ADP
taxlaw-2852	187	7	the	the	DET
taxlaw-2852	187	8	event	event	NOUN
taxlaw-2852	187	9	of	of	ADP
taxlaw-2852	187	10	repeal	repeal	NOUN
taxlaw-2852	187	11	proponents	proponent	NOUN
taxlaw-2852	187	12	of	of	ADP
taxlaw-2852	187	13	the	the	DET
taxlaw-2852	187	14	dbcft	dbcft	NOUN
taxlaw-2852	187	15	argue	argue	NOUN
taxlaw-2852	187	16	that	that	SCONJ
taxlaw-2852	187	17	under	under	ADP
taxlaw-2852	187	18	the	the	DET
taxlaw-2852	187	19	dbcft	dbcft	NOUN
taxlaw-2852	187	20	,	,	PUNCT
taxlaw-2852	187	21	there	there	PRON
taxlaw-2852	187	22	would	would	AUX
taxlaw-2852	187	23	be	be	AUX
taxlaw-2852	187	24	no	no	DET
taxlaw-2852	187	25	reason	reason	NOUN
taxlaw-2852	187	26	for	for	SCONJ
taxlaw-2852	187	27	a	a	DET
taxlaw-2852	187	28	u.s	u.s	PROPN
taxlaw-2852	187	29	.	.	PROPN
taxlaw-2852	187	30	parent	parent	NOUN
taxlaw-2852	187	31	to	to	PART
taxlaw-2852	187	32	transfer	transfer	VERB
taxlaw-2852	187	33	intellectual	intellectual	ADJ
taxlaw-2852	187	34	property	property	NOUN
taxlaw-2852	187	35	to	to	ADP
taxlaw-2852	187	36	its	its	PRON
taxlaw-2852	187	37	offshore	offshore	ADJ
taxlaw-2852	187	38	subsidiary	subsidiary	NOUN
taxlaw-2852	187	39	because	because	SCONJ
taxlaw-2852	187	40	foreign	foreign	ADJ
taxlaw-2852	187	41	royalties	royalty	NOUN
taxlaw-2852	187	42	received	receive	VERB
taxlaw-2852	187	43	directly	directly	ADV
taxlaw-2852	187	44	by	by	ADP
taxlaw-2852	187	45	the	the	DET
taxlaw-2852	187	46	u.s	u.s	PROPN
taxlaw-2852	187	47	.	.	PROPN
taxlaw-2852	187	48	parent	parent	NOUN
taxlaw-2852	187	49	would	would	AUX
taxlaw-2852	187	50	be	be	AUX
taxlaw-2852	187	51	exempt	exempt	ADJ
taxlaw-2852	187	52	.	.	PUNCT
taxlaw-2852	188	1	however	however	ADV
taxlaw-2852	188	2	,	,	PUNCT
taxlaw-2852	188	3	the	the	DET
taxlaw-2852	188	4	drafters	drafter	NOUN
taxlaw-2852	188	5	of	of	ADP
taxlaw-2852	188	6	the	the	DET
taxlaw-2852	188	7	dbcft	dbcft	NOUN
taxlaw-2852	188	8	assume	assume	VERB
taxlaw-2852	188	9	that	that	SCONJ
taxlaw-2852	188	10	the	the	DET
taxlaw-2852	188	11	dbcft	dbcft	NOUN
taxlaw-2852	188	12	will	will	AUX
taxlaw-2852	188	13	remain	remain	VERB
taxlaw-2852	188	14	in	in	ADP
taxlaw-2852	188	15	effect	effect	NOUN
taxlaw-2852	188	16	forever	forever	ADV
taxlaw-2852	188	17	.	.	PUNCT
taxlaw-2852	189	1	they	they	PRON
taxlaw-2852	189	2	are	be	AUX
taxlaw-2852	189	3	correct	correct	ADJ
taxlaw-2852	189	4	that	that	SCONJ
taxlaw-2852	189	5	if	if	SCONJ
taxlaw-2852	189	6	that	that	PRON
taxlaw-2852	189	7	were	be	AUX
taxlaw-2852	189	8	the	the	DET
taxlaw-2852	189	9	case	case	NOUN
taxlaw-2852	189	10	,	,	PUNCT
taxlaw-2852	189	11	there	there	PRON
taxlaw-2852	189	12	would	would	AUX
taxlaw-2852	189	13	be	be	AUX
taxlaw-2852	189	14	no	no	DET
taxlaw-2852	189	15	reason	reason	NOUN
taxlaw-2852	189	16	for	for	SCONJ
taxlaw-2852	189	17	u.s	u.s	PROPN
taxlaw-2852	189	18	.	.	PROPN
taxlaw-2852	189	19	multinationals	multinational	NOUN
taxlaw-2852	189	20	to	to	PART
taxlaw-2852	189	21	transfer	transfer	VERB
taxlaw-2852	189	22	intellectual	intellectual	ADJ
taxlaw-2852	189	23	property	property	NOUN
taxlaw-2852	189	24	to	to	ADP
taxlaw-2852	189	25	treaty	treaty	NOUN
taxlaw-2852	189	26	-	-	PUNCT
taxlaw-2852	189	27	eligible	eligible	ADJ
taxlaw-2852	189	28	,	,	PUNCT
taxlaw-2852	189	29	lowertaxed	lowertaxe	VERB
taxlaw-2852	189	30	affiliates	affiliate	NOUN
taxlaw-2852	189	31	.	.	PUNCT
taxlaw-2852	190	1	however	however	ADV
taxlaw-2852	190	2	,	,	PUNCT
taxlaw-2852	190	3	if	if	SCONJ
taxlaw-2852	190	4	a	a	DET
taxlaw-2852	190	5	dbcft	dbcft	NOUN
taxlaw-2852	190	6	is	be	AUX
taxlaw-2852	190	7	enacted	enact	VERB
taxlaw-2852	190	8	,	,	PUNCT
taxlaw-2852	190	9	there	there	PRON
taxlaw-2852	190	10	would	would	AUX
taxlaw-2852	190	11	remain	remain	VERB
taxlaw-2852	190	12	a	a	DET
taxlaw-2852	190	13	meaningful	meaningful	ADJ
taxlaw-2852	190	14	risk	risk	NOUN
taxlaw-2852	190	15	that	that	SCONJ
taxlaw-2852	190	16	it	it	PRON
taxlaw-2852	190	17	will	will	AUX
taxlaw-2852	190	18	be	be	AUX
taxlaw-2852	190	19	repealed	repeal	VERB
taxlaw-2852	190	20	or	or	CCONJ
taxlaw-2852	190	21	modified	modify	VERB
taxlaw-2852	190	22	the	the	DET
taxlaw-2852	190	23	next	next	ADJ
taxlaw-2852	190	24	time	time	NOUN
taxlaw-2852	190	25	that	that	PRON
taxlaw-2852	190	26	democrats	democrats	PROPN
taxlaw-2852	190	27	control	control	VERB
taxlaw-2852	190	28	the	the	DET
taxlaw-2852	190	29	government	government	NOUN
taxlaw-2852	190	30	,	,	PUNCT
taxlaw-2852	190	31	or	or	CCONJ
taxlaw-2852	190	32	when	when	SCONJ
taxlaw-2852	190	33	the	the	DET
taxlaw-2852	190	34	united	united	PROPN
taxlaw-2852	190	35	states	states	PROPN
taxlaw-2852	190	36	has	have	VERB
taxlaw-2852	190	37	a	a	DET
taxlaw-2852	190	38	trade	trade	NOUN
taxlaw-2852	190	39	surplus	surplus	NOUN
taxlaw-2852	190	40	.	.	PUNCT
taxlaw-2852	191	1	22	22	NUM
taxlaw-2852	192	1	even	even	ADV
taxlaw-2852	192	2	if	if	SCONJ
taxlaw-2852	192	3	there	there	PRON
taxlaw-2852	192	4	would	would	AUX
taxlaw-2852	192	5	be	be	AUX
taxlaw-2852	192	6	no	no	DET
taxlaw-2852	192	7	immediate	immediate	ADJ
taxlaw-2852	192	8	benefit	benefit	NOUN
taxlaw-2852	192	9	to	to	ADP
taxlaw-2852	192	10	transferring	transfer	VERB
taxlaw-2852	192	11	intellectual	intellectual	ADJ
taxlaw-2852	192	12	property	property	NOUN
taxlaw-2852	192	13	to	to	ADP
taxlaw-2852	192	14	low	low	ADV
taxlaw-2852	192	15	-	-	PUNCT
taxlaw-2852	192	16	taxed	tax	VERB
taxlaw-2852	192	17	foreign	foreign	ADJ
taxlaw-2852	192	18	affiliates	affiliate	NOUN
taxlaw-2852	192	19	under	under	ADP
taxlaw-2852	192	20	a	a	DET
taxlaw-2852	192	21	dbcft	dbcft	NOUN
taxlaw-2852	192	22	,	,	PUNCT
taxlaw-2852	192	23	doing	do	VERB
taxlaw-2852	192	24	so	so	ADV
taxlaw-2852	192	25	would	would	AUX
taxlaw-2852	192	26	provide	provide	VERB
taxlaw-2852	192	27	low	low	ADJ
taxlaw-2852	192	28	-	-	PUNCT
taxlaw-2852	192	29	cost	cost	NOUN
taxlaw-2852	192	30	insurance	insurance	NOUN
taxlaw-2852	192	31	against	against	ADP
taxlaw-2852	192	32	a	a	DET
taxlaw-2852	192	33	future	future	ADJ
taxlaw-2852	192	34	reversal	reversal	NOUN
taxlaw-2852	192	35	of	of	ADP
taxlaw-2852	192	36	u.s	u.s	PROPN
taxlaw-2852	192	37	.	.	PROPN
taxlaw-2852	192	38	tax	tax	NOUN
taxlaw-2852	192	39	policy	policy	NOUN
taxlaw-2852	192	40	.	.	PUNCT
taxlaw-2852	193	1	therefore	therefore	ADV
taxlaw-2852	193	2	,	,	PUNCT
taxlaw-2852	193	3	it	it	PRON
taxlaw-2852	193	4	is	be	AUX
taxlaw-2852	193	5	no	no	DET
taxlaw-2852	193	6	stretch	stretch	NOUN
taxlaw-2852	193	7	to	to	PART
taxlaw-2852	193	8	predict	predict	VERB
taxlaw-2852	193	9	that	that	SCONJ
taxlaw-2852	193	10	22	22	NUM
taxlaw-2852	193	11	this	this	PRON
taxlaw-2852	193	12	would	would	AUX
taxlaw-2852	193	13	be	be	AUX
taxlaw-2852	193	14	more	more	ADV
taxlaw-2852	193	15	likely	likely	ADJ
taxlaw-2852	193	16	if	if	SCONJ
taxlaw-2852	193	17	the	the	DET
taxlaw-2852	193	18	dbcft	dbcft	ADJ
taxlaw-2852	193	19	sunsets	sunset	NOUN
taxlaw-2852	193	20	after	after	ADP
taxlaw-2852	193	21	ten	ten	NUM
taxlaw-2852	193	22	years	year	NOUN
taxlaw-2852	193	23	in	in	ADP
taxlaw-2852	193	24	order	order	NOUN
taxlaw-2852	193	25	to	to	PART
taxlaw-2852	193	26	pass	pass	VERB
taxlaw-2852	193	27	through	through	ADP
taxlaw-2852	193	28	reconciliation	reconciliation	NOUN
taxlaw-2852	193	29	.	.	PUNCT
taxlaw-2852	194	1	308	308	NUM
taxlaw-2852	194	2	columbia	columbia	PROPN
taxlaw-2852	194	3	journal	journal	PROPN
taxlaw-2852	194	4	of	of	ADP
taxlaw-2852	194	5	tax	tax	NOUN
taxlaw-2852	194	6	law	law	NOUN
taxlaw-2852	194	7	[	[	X
taxlaw-2852	194	8	vol.8:295	vol.8:295	NOUN
taxlaw-2852	194	9	enactment	enactment	NOUN
taxlaw-2852	194	10	of	of	ADP
taxlaw-2852	194	11	a	a	DET
taxlaw-2852	194	12	dbcft	dbcft	NOUN
taxlaw-2852	194	13	will	will	AUX
taxlaw-2852	194	14	lead	lead	VERB
taxlaw-2852	194	15	to	to	ADP
taxlaw-2852	194	16	the	the	DET
taxlaw-2852	194	17	largest	large	ADJ
taxlaw-2852	194	18	tax	tax	NOUN
taxlaw-2852	194	19	-	-	PUNCT
taxlaw-2852	194	20	free	free	ADJ
taxlaw-2852	194	21	exodus	exodus	NOUN
taxlaw-2852	194	22	of	of	ADP
taxlaw-2852	194	23	u.s	u.s	PROPN
taxlaw-2852	194	24	.	.	PROPN
taxlaw-2852	194	25	intellectual	intellectual	ADJ
taxlaw-2852	194	26	property	property	PROPN
taxlaw-2852	194	27	ever	ever	ADV
taxlaw-2852	194	28	.	.	PUNCT
taxlaw-2852	195	1	because	because	SCONJ
taxlaw-2852	195	2	a	a	DET
taxlaw-2852	195	3	sale	sale	NOUN
taxlaw-2852	195	4	by	by	ADP
taxlaw-2852	195	5	a	a	DET
taxlaw-2852	195	6	u.s	u.s	PROPN
taxlaw-2852	195	7	.	.	PROPN
taxlaw-2852	195	8	multinational	multinational	NOUN
taxlaw-2852	195	9	to	to	ADP
taxlaw-2852	195	10	its	its	PRON
taxlaw-2852	195	11	irish	irish	ADJ
taxlaw-2852	195	12	subsidiary	subsidiary	NOUN
taxlaw-2852	195	13	would	would	AUX
taxlaw-2852	195	14	be	be	AUX
taxlaw-2852	195	15	exempt	exempt	ADJ
taxlaw-2852	195	16	from	from	ADP
taxlaw-2852	195	17	u.s	u.s	PROPN
taxlaw-2852	195	18	.	.	PROPN
taxlaw-2852	195	19	tax	tax	NOUN
taxlaw-2852	195	20	,	,	PUNCT
taxlaw-2852	195	21	the	the	DET
taxlaw-2852	195	22	u.s	u.s	PROPN
taxlaw-2852	195	23	.	.	PROPN
taxlaw-2852	195	24	multinational	multinational	PROPN
taxlaw-2852	195	25	would	would	AUX
taxlaw-2852	195	26	seek	seek	VERB
taxlaw-2852	195	27	to	to	PART
taxlaw-2852	195	28	maximize	maximize	VERB
taxlaw-2852	195	29	the	the	DET
taxlaw-2852	195	30	transfer	transfer	NOUN
taxlaw-2852	195	31	sales	sale	NOUN
taxlaw-2852	195	32	price	price	NOUN
taxlaw-2852	195	33	.	.	PUNCT
taxlaw-2852	196	1	this	this	PRON
taxlaw-2852	196	2	would	would	AUX
taxlaw-2852	196	3	allow	allow	VERB
taxlaw-2852	196	4	the	the	DET
taxlaw-2852	196	5	irish	irish	ADJ
taxlaw-2852	196	6	subsidiary	subsidiary	NOUN
taxlaw-2852	196	7	to	to	PART
taxlaw-2852	196	8	amortize	amortize	VERB
taxlaw-2852	196	9	a	a	DET
taxlaw-2852	196	10	high	high	ADJ
taxlaw-2852	196	11	purchase	purchase	NOUN
taxlaw-2852	196	12	price	price	NOUN
taxlaw-2852	196	13	and	and	CCONJ
taxlaw-2852	196	14	use	use	VERB
taxlaw-2852	196	15	the	the	DET
taxlaw-2852	196	16	amortization	amortization	NOUN
taxlaw-2852	196	17	to	to	PART
taxlaw-2852	196	18	generate	generate	VERB
taxlaw-2852	196	19	deductions	deduction	NOUN
taxlaw-2852	196	20	for	for	ADP
taxlaw-2852	196	21	irish	irish	ADJ
taxlaw-2852	196	22	tax	tax	NOUN
taxlaw-2852	196	23	purposes	purpose	NOUN
taxlaw-2852	196	24	.	.	PUNCT
taxlaw-2852	197	1	(	(	PUNCT
taxlaw-2852	197	2	ireland	ireland	NOUN
taxlaw-2852	197	3	does	do	AUX
taxlaw-2852	197	4	not	not	PART
taxlaw-2852	197	5	have	have	VERB
taxlaw-2852	197	6	a	a	DET
taxlaw-2852	197	7	dbcft	dbcft	NOUN
taxlaw-2852	197	8	,	,	PUNCT
taxlaw-2852	197	9	so	so	CCONJ
taxlaw-2852	197	10	the	the	DET
taxlaw-2852	197	11	irish	irish	ADJ
taxlaw-2852	197	12	subsidiary	subsidiary	NOUN
taxlaw-2852	197	13	could	could	AUX
taxlaw-2852	197	14	amortize	amortize	VERB
taxlaw-2852	197	15	the	the	DET
taxlaw-2852	197	16	“	"	PUNCT
taxlaw-2852	197	17	import	import	NOUN
taxlaw-2852	197	18	”	"	PUNCT
taxlaw-2852	197	19	.	.	PUNCT
taxlaw-2852	197	20	)	)	PUNCT
taxlaw-2852	198	1	the	the	DET
taxlaw-2852	198	2	u.s	u.s	PROPN
taxlaw-2852	198	3	.	.	PROPN
taxlaw-2852	198	4	multinational	multinational	PROPN
taxlaw-2852	198	5	might	might	AUX
taxlaw-2852	198	6	also	also	ADV
taxlaw-2852	198	7	have	have	VERB
taxlaw-2852	198	8	the	the	DET
taxlaw-2852	198	9	irish	irish	ADJ
taxlaw-2852	198	10	subsidiary	subsidiary	NOUN
taxlaw-2852	198	11	borrow	borrow	VERB
taxlaw-2852	198	12	to	to	PART
taxlaw-2852	198	13	finance	finance	VERB
taxlaw-2852	198	14	the	the	DET
taxlaw-2852	198	15	initial	initial	ADJ
taxlaw-2852	198	16	purchase	purchase	NOUN
taxlaw-2852	198	17	of	of	ADP
taxlaw-2852	198	18	the	the	DET
taxlaw-2852	198	19	ip	ip	NOUN
taxlaw-2852	198	20	to	to	PART
taxlaw-2852	198	21	generate	generate	VERB
taxlaw-2852	198	22	interest	interest	NOUN
taxlaw-2852	198	23	deduction	deduction	NOUN
taxlaw-2852	198	24	.	.	PUNCT
taxlaw-2852	199	1	this	this	PRON
taxlaw-2852	199	2	would	would	AUX
taxlaw-2852	199	3	also	also	ADV
taxlaw-2852	199	4	generate	generate	VERB
taxlaw-2852	199	5	deductions	deduction	NOUN
taxlaw-2852	199	6	for	for	ADP
taxlaw-2852	199	7	irish	irish	ADJ
taxlaw-2852	199	8	tax	tax	NOUN
taxlaw-2852	199	9	purposes	purpose	NOUN
taxlaw-2852	199	10	.	.	PUNCT
taxlaw-2852	200	1	although	although	SCONJ
taxlaw-2852	200	2	the	the	DET
taxlaw-2852	200	3	blueprint	blueprint	NOUN
taxlaw-2852	200	4	would	would	AUX
taxlaw-2852	200	5	deny	deny	VERB
taxlaw-2852	200	6	a	a	DET
taxlaw-2852	200	7	u.s	u.s	PROPN
taxlaw-2852	200	8	.	.	PROPN
taxlaw-2852	200	9	parent	parent	NOUN
taxlaw-2852	200	10	net	net	ADJ
taxlaw-2852	200	11	interest	interest	NOUN
taxlaw-2852	200	12	expense	expense	NOUN
taxlaw-2852	200	13	deductions	deduction	NOUN
taxlaw-2852	200	14	,	,	PUNCT
taxlaw-2852	200	15	it	it	PRON
taxlaw-2852	200	16	does	do	AUX
taxlaw-2852	200	17	not	not	PART
taxlaw-2852	200	18	appear	appear	VERB
taxlaw-2852	200	19	to	to	PART
taxlaw-2852	200	20	prevent	prevent	VERB
taxlaw-2852	200	21	the	the	DET
taxlaw-2852	200	22	u.s	u.s	PROPN
taxlaw-2852	200	23	.	.	PROPN
taxlaw-2852	200	24	parent	parent	PROPN
taxlaw-2852	200	25	’s	’s	PART
taxlaw-2852	200	26	irish	irish	PROPN
taxlaw-2852	200	27	subsidiary	subsidiary	NOUN
taxlaw-2852	200	28	from	from	ADP
taxlaw-2852	200	29	using	use	VERB
taxlaw-2852	200	30	interest	interest	NOUN
taxlaw-2852	200	31	deductions	deduction	NOUN
taxlaw-2852	200	32	to	to	PART
taxlaw-2852	200	33	reduce	reduce	VERB
taxlaw-2852	200	34	its	its	PRON
taxlaw-2852	200	35	own	own	ADJ
taxlaw-2852	200	36	earnings	earning	NOUN
taxlaw-2852	200	37	and	and	CCONJ
taxlaw-2852	200	38	profits	profit	NOUN
taxlaw-2852	200	39	and	and	CCONJ
taxlaw-2852	200	40	shelter	shelter	VERB
taxlaw-2852	200	41	any	any	DET
taxlaw-2852	200	42	subpart	subpart	NOUN
taxlaw-2852	200	43	f	f	PROPN
taxlaw-2852	200	44	income	income	NOUN
taxlaw-2852	200	45	.	.	PUNCT
taxlaw-2852	201	1	iii	iii	X
taxlaw-2852	201	2	.	.	PROPN
taxlaw-2852	201	3	conclusion	conclusion	NOUN
taxlaw-2852	201	4	the	the	DET
taxlaw-2852	201	5	blueprint	blueprint	NOUN
taxlaw-2852	201	6	promises	promise	VERB
taxlaw-2852	201	7	a	a	DET
taxlaw-2852	201	8	simpler	simple	ADJ
taxlaw-2852	201	9	tax	tax	NOUN
taxlaw-2852	201	10	code.23	code.23	NOUN
taxlaw-2852	201	11	this	this	PRON
taxlaw-2852	201	12	will	will	AUX
taxlaw-2852	201	13	be	be	AUX
taxlaw-2852	201	14	a	a	DET
taxlaw-2852	201	15	broken	broken	ADJ
taxlaw-2852	201	16	promise	promise	NOUN
taxlaw-2852	201	17	.	.	PUNCT
taxlaw-2852	202	1	a	a	DET
taxlaw-2852	202	2	dbcft	dbcft	NOUN
taxlaw-2852	202	3	wo	will	AUX
taxlaw-2852	202	4	n’t	not	PART
taxlaw-2852	202	5	be	be	AUX
taxlaw-2852	202	6	simpler	simple	ADJ
taxlaw-2852	202	7	than	than	ADP
taxlaw-2852	202	8	our	our	PRON
taxlaw-2852	202	9	income	income	NOUN
taxlaw-2852	202	10	tax	tax	NOUN
taxlaw-2852	202	11	,	,	PUNCT
taxlaw-2852	202	12	but	but	CCONJ
taxlaw-2852	202	13	the	the	DET
taxlaw-2852	202	14	complexity	complexity	NOUN
taxlaw-2852	202	15	will	will	AUX
taxlaw-2852	202	16	change	change	VERB
taxlaw-2852	202	17	.	.	PUNCT
taxlaw-2852	203	1	the	the	DET
taxlaw-2852	203	2	new	new	ADJ
taxlaw-2852	203	3	tax	tax	NOUN
taxlaw-2852	203	4	planning	planning	NOUN
taxlaw-2852	203	5	strategies	strategy	NOUN
taxlaw-2852	203	6	will	will	AUX
taxlaw-2852	203	7	include	include	VERB
taxlaw-2852	203	8	(	(	PUNCT
taxlaw-2852	203	9	i	i	NOUN
taxlaw-2852	203	10	)	)	PUNCT
taxlaw-2852	203	11	generating	generate	VERB
taxlaw-2852	203	12	deductions	deduction	NOUN
taxlaw-2852	203	13	by	by	ADP
taxlaw-2852	203	14	making	make	VERB
taxlaw-2852	203	15	capital	capital	NOUN
taxlaw-2852	203	16	investments	investment	NOUN
taxlaw-2852	203	17	,	,	PUNCT
taxlaw-2852	203	18	(	(	PUNCT
taxlaw-2852	203	19	ii	ii	NOUN
taxlaw-2852	203	20	)	)	PUNCT
taxlaw-2852	203	21	exporting	export	VERB
taxlaw-2852	203	22	goods	good	NOUN
taxlaw-2852	203	23	,	,	PUNCT
taxlaw-2852	203	24	services	service	NOUN
taxlaw-2852	203	25	and	and	CCONJ
taxlaw-2852	203	26	intangibles	intangible	NOUN
taxlaw-2852	203	27	to	to	ADP
taxlaw-2852	203	28	related	related	ADJ
taxlaw-2852	203	29	parties	party	NOUN
taxlaw-2852	203	30	,	,	PUNCT
taxlaw-2852	203	31	(	(	PUNCT
taxlaw-2852	203	32	iii	iii	X
taxlaw-2852	203	33	)	)	PUNCT
taxlaw-2852	203	34	selling	sell	VERB
taxlaw-2852	203	35	excess	excess	ADJ
taxlaw-2852	203	36	losses	loss	NOUN
taxlaw-2852	203	37	,	,	PUNCT
taxlaw-2852	203	38	(	(	PUNCT
taxlaw-2852	203	39	iv	iv	X
taxlaw-2852	203	40	)	)	PUNCT
taxlaw-2852	203	41	using	use	VERB
taxlaw-2852	203	42	the	the	DET
taxlaw-2852	203	43	earnings	earning	NOUN
taxlaw-2852	203	44	and	and	CCONJ
taxlaw-2852	203	45	profits	profit	NOUN
taxlaw-2852	203	46	rules	rule	NOUN
taxlaw-2852	203	47	to	to	PART
taxlaw-2852	203	48	effectively	effectively	ADV
taxlaw-2852	203	49	deduct	deduct	VERB
taxlaw-2852	203	50	interest	interest	NOUN
taxlaw-2852	203	51	expense	expense	NOUN
taxlaw-2852	203	52	,	,	PUNCT
taxlaw-2852	203	53	(	(	PUNCT
taxlaw-2852	203	54	v	v	NOUN
taxlaw-2852	203	55	)	)	PUNCT
taxlaw-2852	203	56	using	use	VERB
taxlaw-2852	203	57	aggressive	aggressive	ADJ
taxlaw-2852	203	58	transfer	transfer	NOUN
taxlaw-2852	203	59	prices	price	NOUN
taxlaw-2852	203	60	to	to	PART
taxlaw-2852	203	61	minimize	minimize	VERB
taxlaw-2852	203	62	imports	import	NOUN
taxlaw-2852	203	63	,	,	PUNCT
taxlaw-2852	203	64	(	(	PUNCT
taxlaw-2852	203	65	vi	vi	X
taxlaw-2852	203	66	)	)	PUNCT
taxlaw-2852	203	67	converting	convert	VERB
taxlaw-2852	203	68	carry	carry	NOUN
taxlaw-2852	203	69	to	to	ADP
taxlaw-2852	203	70	tax	tax	NOUN
taxlaw-2852	203	71	-	-	PUNCT
taxlaw-2852	203	72	exempt	exempt	ADJ
taxlaw-2852	203	73	foreign	foreign	ADJ
taxlaw-2852	203	74	services	service	NOUN
taxlaw-2852	203	75	income	income	NOUN
taxlaw-2852	203	76	,	,	PUNCT
taxlaw-2852	203	77	(	(	PUNCT
taxlaw-2852	203	78	vii	vii	PROPN
taxlaw-2852	203	79	)	)	PUNCT
taxlaw-2852	203	80	using	use	VERB
taxlaw-2852	203	81	partnerships	partnership	NOUN
taxlaw-2852	203	82	to	to	PART
taxlaw-2852	203	83	sell	sell	VERB
taxlaw-2852	203	84	losses	loss	NOUN
taxlaw-2852	203	85	,	,	PUNCT
taxlaw-2852	203	86	(	(	PUNCT
taxlaw-2852	203	87	viii	viii	NOUN
taxlaw-2852	203	88	)	)	PUNCT
taxlaw-2852	203	89	using	use	VERB
taxlaw-2852	203	90	the	the	DET
taxlaw-2852	203	91	for	for	ADP
taxlaw-2852	203	92	-	-	PUNCT
taxlaw-2852	203	93	profit	profit	NOUN
taxlaw-2852	203	94	the	the	DET
taxlaw-2852	203	95	subsidiaries	subsidiary	NOUN
taxlaw-2852	203	96	of	of	ADP
taxlaw-2852	203	97	tax	tax	NOUN
taxlaw-2852	203	98	-	-	PUNCT
taxlaw-2852	203	99	exempt	exempt	ADJ
taxlaw-2852	203	100	entities	entity	NOUN
taxlaw-2852	203	101	to	to	PART
taxlaw-2852	203	102	generate	generate	VERB
taxlaw-2852	203	103	losses	loss	NOUN
taxlaw-2852	203	104	,	,	PUNCT
taxlaw-2852	203	105	(	(	PUNCT
taxlaw-2852	203	106	ix	ix	X
taxlaw-2852	203	107	)	)	PUNCT
taxlaw-2852	203	108	using	use	VERB
taxlaw-2852	203	109	a	a	DET
taxlaw-2852	203	110	u.s	u.s	PROPN
taxlaw-2852	203	111	.	.	PROPN
taxlaw-2852	203	112	corporation	corporation	NOUN
taxlaw-2852	203	113	as	as	ADP
taxlaw-2852	203	114	a	a	DET
taxlaw-2852	203	115	tax	tax	NOUN
taxlaw-2852	203	116	shelter	shelter	NOUN
taxlaw-2852	203	117	,	,	PUNCT
taxlaw-2852	203	118	and	and	CCONJ
taxlaw-2852	203	119	(	(	PUNCT
taxlaw-2852	203	120	x	x	X
taxlaw-2852	203	121	)	)	PUNCT
taxlaw-2852	203	122	transferring	transfer	VERB
taxlaw-2852	203	123	intangibles	intangible	NOUN
taxlaw-2852	203	124	abroad	abroad	ADV
taxlaw-2852	203	125	in	in	ADP
taxlaw-2852	203	126	anticipation	anticipation	NOUN
taxlaw-2852	203	127	of	of	ADP
taxlaw-2852	203	128	the	the	DET
taxlaw-2852	203	129	eventual	eventual	ADJ
taxlaw-2852	203	130	repeal	repeal	NOUN
taxlaw-2852	203	131	of	of	ADP
taxlaw-2852	203	132	the	the	DET
taxlaw-2852	203	133	dbcft	dbcft	NOUN
taxlaw-2852	203	134	.	.	PUNCT
taxlaw-2852	204	1	23	23	NUM
taxlaw-2852	204	2	blueprint	blueprint	NOUN
taxlaw-2852	204	3	,	,	PUNCT
taxlaw-2852	204	4	supra	supra	PROPN
taxlaw-2852	204	5	note	note	NOUN
taxlaw-2852	204	6	1	1	NUM
taxlaw-2852	204	7	,	,	PUNCT
taxlaw-2852	204	8	at	at	ADP
taxlaw-2852	204	9	6	6	NUM
taxlaw-2852	204	10	,	,	PUNCT
taxlaw-2852	204	11	15	15	NUM
taxlaw-2852	204	12	,	,	PUNCT
taxlaw-2852	204	13	16	16	NUM
taxlaw-2852	204	14	,	,	PUNCT
taxlaw-2852	204	15	26	26	NUM
taxlaw-2852	204	16	,	,	PUNCT
taxlaw-2852	204	17	30	30	NUM
taxlaw-2852	204	18	,	,	PUNCT
taxlaw-2852	204	19	31	31	NUM
taxlaw-2852	204	20	,	,	PUNCT
taxlaw-2852	204	21	32	32	NUM
taxlaw-2852	204	22	,	,	PUNCT
taxlaw-2852	204	23	34	34	NUM
taxlaw-2852	204	24	.	.	PUNCT