id	sid	tid	token	lemma	pos
taxlaw-2855	1	1	microsoft	microsoft	PROPN
taxlaw-2855	1	2	word	word	NOUN
taxlaw-2855	1	3	8-3-creamer-wheeler.docx	8-3-creamer-wheeler.docx	NUM
taxlaw-2855	1	4	a	a	DET
taxlaw-2855	1	5	framework	framework	NOUN
taxlaw-2855	1	6	for	for	ADP
taxlaw-2855	1	7	testing	test	VERB
taxlaw-2855	1	8	regulatory	regulatory	ADJ
taxlaw-2855	1	9	authority	authority	NOUN
taxlaw-2855	1	10	ron	ron	PROPN
taxlaw-2855	1	11	creamer	creamer	PROPN
taxlaw-2855	1	12	isaac	isaac	PROPN
taxlaw-2855	1	13	wheeler	wheeler	PROPN
taxlaw-2855	1	14	*	*	PUNCT
taxlaw-2855	2	1	*	*	PUNCT
taxlaw-2855	2	2	the	the	DET
taxlaw-2855	2	3	authors	author	NOUN
taxlaw-2855	2	4	wish	wish	VERB
taxlaw-2855	2	5	to	to	PART
taxlaw-2855	2	6	thank	thank	VERB
taxlaw-2855	2	7	daniel	daniel	PROPN
taxlaw-2855	2	8	bleiberg	bleiberg	PROPN
taxlaw-2855	2	9	,	,	PUNCT
taxlaw-2855	2	10	ryan	ryan	PROPN
taxlaw-2855	2	11	galisewski	galisewski	PROPN
taxlaw-2855	2	12	,	,	PUNCT
taxlaw-2855	2	13	ethan	ethan	PROPN
taxlaw-2855	2	14	david	david	PROPN
taxlaw-2855	2	15	ross	ross	PROPN
taxlaw-2855	2	16	,	,	PUNCT
taxlaw-2855	2	17	and	and	CCONJ
taxlaw-2855	2	18	erick	erick	PROPN
taxlaw-2855	2	19	sam	sam	PROPN
taxlaw-2855	2	20	for	for	ADP
taxlaw-2855	2	21	their	their	PRON
taxlaw-2855	2	22	helpful	helpful	ADJ
taxlaw-2855	2	23	assistance	assistance	NOUN
taxlaw-2855	2	24	.	.	PUNCT
taxlaw-2855	3	1	2017	2017	NUM
taxlaw-2855	3	2	]	]	PUNCT
taxlaw-2855	3	3	a	a	DET
taxlaw-2855	3	4	framework	framework	NOUN
taxlaw-2855	3	5	for	for	ADP
taxlaw-2855	3	6	testing	test	VERB
taxlaw-2855	3	7	regulatory	regulatory	ADJ
taxlaw-2855	3	8	authority	authority	NOUN
taxlaw-2855	3	9	327	327	NUM
taxlaw-2855	3	10	i.	i.	NOUN
taxlaw-2855	3	11	introduction	introduction	NOUN
taxlaw-2855	3	12	....................................................................................................	....................................................................................................	PUNCT
taxlaw-2855	4	1	328	328	NUM
taxlaw-2855	4	2	ii	ii	NOUN
taxlaw-2855	4	3	.	.	PUNCT
taxlaw-2855	5	1	the	the	DET
taxlaw-2855	5	2	limits	limit	NOUN
taxlaw-2855	5	3	of	of	ADP
taxlaw-2855	5	4	regulatory	regulatory	ADJ
taxlaw-2855	5	5	authority	authority	NOUN
taxlaw-2855	5	6	–	–	PUNCT
taxlaw-2855	5	7	underlying	underlie	VERB
taxlaw-2855	5	8	principles	principle	NOUN
taxlaw-2855	5	9	..................................................................................................................................	..................................................................................................................................	PUNCT
taxlaw-2855	5	10	330	330	NUM
taxlaw-2855	5	11	a.	a.	NOUN
taxlaw-2855	5	12	a	a	DET
taxlaw-2855	5	13	grant	grant	NOUN
taxlaw-2855	5	14	of	of	ADP
taxlaw-2855	5	15	regulatory	regulatory	ADJ
taxlaw-2855	5	16	authority	authority	NOUN
taxlaw-2855	5	17	needs	need	VERB
taxlaw-2855	5	18	to	to	PART
taxlaw-2855	5	19	be	be	AUX
taxlaw-2855	5	20	read	read	VERB
taxlaw-2855	5	21	precisely	precisely	ADV
taxlaw-2855	5	22	in	in	ADP
taxlaw-2855	5	23	order	order	NOUN
taxlaw-2855	5	24	to	to	PART
taxlaw-2855	5	25	determine	determine	VERB
taxlaw-2855	5	26	whether	whether	SCONJ
taxlaw-2855	5	27	an	an	DET
taxlaw-2855	5	28	interpretation	interpretation	NOUN
taxlaw-2855	5	29	of	of	ADP
taxlaw-2855	5	30	that	that	DET
taxlaw-2855	5	31	authority	authority	NOUN
taxlaw-2855	5	32	is	be	AUX
taxlaw-2855	5	33	unreasonable	unreasonable	ADJ
taxlaw-2855	5	34	...............................	...............................	PUNCT
taxlaw-2855	5	35	330	330	NUM
taxlaw-2855	5	36	b.	b.	PROPN
taxlaw-2855	5	37	a	a	DET
taxlaw-2855	5	38	regulation	regulation	NOUN
taxlaw-2855	5	39	is	be	AUX
taxlaw-2855	5	40	not	not	PART
taxlaw-2855	5	41	authorized	authorize	VERB
taxlaw-2855	5	42	if	if	SCONJ
taxlaw-2855	5	43	it	it	PRON
taxlaw-2855	5	44	violates	violate	VERB
taxlaw-2855	5	45	another	another	DET
taxlaw-2855	5	46	,	,	PUNCT
taxlaw-2855	5	47	separate	separate	ADJ
taxlaw-2855	5	48	,	,	PUNCT
taxlaw-2855	5	49	principle	principle	NOUN
taxlaw-2855	5	50	of	of	ADP
taxlaw-2855	5	51	law	law	NOUN
taxlaw-2855	5	52	332	332	NUM
taxlaw-2855	5	53	c.	c.	PROPN
taxlaw-2855	5	54	a	a	DET
taxlaw-2855	5	55	statute	statute	NOUN
taxlaw-2855	5	56	,	,	PUNCT
taxlaw-2855	5	57	as	as	SCONJ
taxlaw-2855	5	58	drafted	draft	VERB
taxlaw-2855	5	59	,	,	PUNCT
taxlaw-2855	5	60	is	be	AUX
taxlaw-2855	5	61	the	the	DET
taxlaw-2855	5	62	complete	complete	ADJ
taxlaw-2855	5	63	legislative	legislative	ADJ
taxlaw-2855	5	64	expression	expression	NOUN
taxlaw-2855	5	65	on	on	ADP
taxlaw-2855	5	66	the	the	DET
taxlaw-2855	5	67	matter	matter	NOUN
taxlaw-2855	5	68	........	........	PUNCT
taxlaw-2855	6	1	333	333	NUM
taxlaw-2855	6	2	d.	d.	NOUN
taxlaw-2855	6	3	a	a	DET
taxlaw-2855	6	4	selective	selective	ADJ
taxlaw-2855	6	5	regulatory	regulatory	ADJ
taxlaw-2855	6	6	interpretation	interpretation	NOUN
taxlaw-2855	6	7	is	be	AUX
taxlaw-2855	6	8	not	not	PART
taxlaw-2855	6	9	improper	improper	ADJ
taxlaw-2855	6	10	merely	merely	ADV
taxlaw-2855	6	11	because	because	SCONJ
taxlaw-2855	6	12	it	it	PRON
taxlaw-2855	6	13	has	have	VERB
taxlaw-2855	6	14	an	an	DET
taxlaw-2855	6	15	effect	effect	NOUN
taxlaw-2855	6	16	on	on	ADP
taxlaw-2855	6	17	other	other	ADJ
taxlaw-2855	6	18	code	code	NOUN
taxlaw-2855	6	19	sections	section	NOUN
taxlaw-2855	6	20	,	,	PUNCT
taxlaw-2855	6	21	even	even	ADV
taxlaw-2855	6	22	if	if	SCONJ
taxlaw-2855	6	23	those	those	DET
taxlaw-2855	6	24	other	other	ADJ
taxlaw-2855	6	25	code	code	NOUN
taxlaw-2855	6	26	sections	section	NOUN
taxlaw-2855	6	27	are	be	AUX
taxlaw-2855	6	28	acknowledged	acknowledge	VERB
taxlaw-2855	6	29	to	to	PART
taxlaw-2855	6	30	be	be	AUX
taxlaw-2855	6	31	unambiguous	unambiguous	ADJ
taxlaw-2855	6	32	and	and	CCONJ
taxlaw-2855	6	33	complete	complete	ADJ
taxlaw-2855	6	34	..............................................	..............................................	PUNCT
taxlaw-2855	7	1	334	334	NUM
taxlaw-2855	7	2	e.	e.	PROPN
taxlaw-2855	7	3	a	a	DET
taxlaw-2855	7	4	selective	selective	ADJ
taxlaw-2855	7	5	application	application	NOUN
taxlaw-2855	7	6	of	of	ADP
taxlaw-2855	7	7	regulatory	regulatory	ADJ
taxlaw-2855	7	8	authority	authority	NOUN
taxlaw-2855	7	9	could	could	AUX
taxlaw-2855	7	10	fail	fail	VERB
taxlaw-2855	7	11	for	for	ADP
taxlaw-2855	7	12	lack	lack	NOUN
taxlaw-2855	7	13	of	of	ADP
taxlaw-2855	7	14	germaneness	germaneness	NOUN
taxlaw-2855	7	15	,	,	PUNCT
taxlaw-2855	7	16	even	even	ADV
taxlaw-2855	7	17	if	if	SCONJ
taxlaw-2855	7	18	other	other	ADJ
taxlaw-2855	7	19	laws	law	NOUN
taxlaw-2855	7	20	/	/	SYM
taxlaw-2855	7	21	code	code	NOUN
taxlaw-2855	7	22	sections	section	NOUN
taxlaw-2855	7	23	are	be	AUX
taxlaw-2855	7	24	not	not	PART
taxlaw-2855	7	25	affronted	affront	VERB
taxlaw-2855	7	26	............................................	............................................	PUNCT
taxlaw-2855	7	27	335	335	NUM
taxlaw-2855	7	28	iii	iii	NOUN
taxlaw-2855	7	29	.	.	PUNCT
taxlaw-2855	7	30	specific	specific	ADJ
taxlaw-2855	7	31	provisions	provision	NOUN
taxlaw-2855	7	32	of	of	ADP
taxlaw-2855	7	33	the	the	DET
taxlaw-2855	7	34	regulatory	regulatory	ADJ
taxlaw-2855	7	35	package	package	NOUN
taxlaw-2855	7	36	.........................	.........................	PUNCT
taxlaw-2855	7	37	336	336	NUM
taxlaw-2855	7	38	a.	a.	NOUN
taxlaw-2855	7	39	provision	provision	NOUN
taxlaw-2855	7	40	#	#	SYM
taxlaw-2855	7	41	1	1	NUM
taxlaw-2855	7	42	:	:	PUNCT
taxlaw-2855	7	43	treasury	treasury	NOUN
taxlaw-2855	7	44	regulation	regulation	NOUN
taxlaw-2855	7	45	1.956	1.956	NUM
taxlaw-2855	7	46	-	-	SYM
taxlaw-2855	7	47	2	2	NUM
taxlaw-2855	7	48	t	t	NOUN
taxlaw-2855	7	49	...................................................	...................................................	PUNCT
taxlaw-2855	7	50	336	336	NUM
taxlaw-2855	7	51	b.	b.	NOUN
taxlaw-2855	7	52	provision	provision	NOUN
taxlaw-2855	7	53	#	#	SYM
taxlaw-2855	7	54	2	2	NUM
taxlaw-2855	7	55	:	:	PUNCT
taxlaw-2855	7	56	treasury	treasury	NOUN
taxlaw-2855	7	57	regulation	regulation	NOUN
taxlaw-2855	7	58	section	section	NOUN
taxlaw-2855	7	59	1.7874	1.7874	NUM
taxlaw-2855	7	60	-	-	SYM
taxlaw-2855	7	61	8	8	NUM
taxlaw-2855	7	62	t	t	NOUN
taxlaw-2855	7	63	....................................	....................................	PUNCT
taxlaw-2855	7	64	339	339	NUM
taxlaw-2855	7	65	c.	c.	NOUN
taxlaw-2855	7	66	provision	provision	NOUN
taxlaw-2855	7	67	#	#	SYM
taxlaw-2855	7	68	3	3	NUM
taxlaw-2855	7	69	:	:	PUNCT
taxlaw-2855	7	70	treasury	treasury	NOUN
taxlaw-2855	7	71	regulation	regulation	NOUN
taxlaw-2855	7	72	section	section	NOUN
taxlaw-2855	7	73	1.7701(l)-4	1.7701(l)-4	NUM
taxlaw-2855	7	74	t	t	NOUN
taxlaw-2855	7	75	.................................	.................................	PUNCT
taxlaw-2855	8	1	343	343	NUM
taxlaw-2855	8	2	d.	d.	NOUN
taxlaw-2855	8	3	provision	provision	NOUN
taxlaw-2855	8	4	#	#	SYM
taxlaw-2855	8	5	4	4	NUM
taxlaw-2855	8	6	:	:	PUNCT
taxlaw-2855	8	7	treasury	treasury	NOUN
taxlaw-2855	8	8	regulation	regulation	NOUN
taxlaw-2855	8	9	section	section	NOUN
taxlaw-2855	8	10	1.385	1.385	NUM
taxlaw-2855	8	11	-	-	SYM
taxlaw-2855	8	12	3	3	NUM
taxlaw-2855	8	13	.........................................	.........................................	PUNCT
taxlaw-2855	8	14	344	344	NUM
taxlaw-2855	8	15	e.	e.	PROPN
taxlaw-2855	8	16	provision	provision	PROPN
taxlaw-2855	8	17	#	#	SYM
taxlaw-2855	8	18	5	5	NUM
taxlaw-2855	8	19	:	:	PUNCT
taxlaw-2855	8	20	treasury	treasury	NOUN
taxlaw-2855	8	21	regulation	regulation	NOUN
taxlaw-2855	8	22	section	section	NOUN
taxlaw-2855	8	23	1.385	1.385	NUM
taxlaw-2855	8	24	-	-	SYM
taxlaw-2855	8	25	3t(f	3t(f	NUM
taxlaw-2855	8	26	)	)	PUNCT
taxlaw-2855	8	27	..................................	..................................	PUNCT
taxlaw-2855	8	28	355	355	NUM
taxlaw-2855	8	29	iv	iv	NOUN
taxlaw-2855	8	30	.	.	PUNCT
taxlaw-2855	8	31	conclusion	conclusion	NOUN
taxlaw-2855	8	32	........................................................................................................	........................................................................................................	PUNCT
taxlaw-2855	9	1	359	359	NUM
taxlaw-2855	9	2	328	328	NUM
taxlaw-2855	9	3	columbia	columbia	PROPN
taxlaw-2855	9	4	journal	journal	PROPN
taxlaw-2855	9	5	of	of	ADP
taxlaw-2855	9	6	tax	tax	NOUN
taxlaw-2855	9	7	law	law	NOUN
taxlaw-2855	9	8	[	[	X
taxlaw-2855	9	9	vol.8:326	vol.8:326	PROPN
taxlaw-2855	9	10	i.	i.	NOUN
taxlaw-2855	9	11	introduction	introduction	NOUN
taxlaw-2855	9	12	in	in	ADP
taxlaw-2855	9	13	fda	fda	PROPN
taxlaw-2855	9	14	v.	v.	PROPN
taxlaw-2855	9	15	brown	brown	PROPN
taxlaw-2855	9	16	&	&	CCONJ
taxlaw-2855	9	17	williamson	williamson	PROPN
taxlaw-2855	9	18	tobacco	tobacco	PROPN
taxlaw-2855	9	19	corp	corp	PROPN
taxlaw-2855	9	20	.	.	PROPN
taxlaw-2855	9	21	,1	,1	PROPN
taxlaw-2855	10	1	the	the	DET
taxlaw-2855	10	2	supreme	supreme	PROPN
taxlaw-2855	10	3	court	court	PROPN
taxlaw-2855	10	4	considered	consider	VERB
taxlaw-2855	10	5	whether	whether	SCONJ
taxlaw-2855	10	6	congress	congress	PROPN
taxlaw-2855	10	7	had	have	AUX
taxlaw-2855	10	8	granted	grant	VERB
taxlaw-2855	10	9	the	the	DET
taxlaw-2855	10	10	fda	fda	PROPN
taxlaw-2855	10	11	authority	authority	NOUN
taxlaw-2855	10	12	to	to	PART
taxlaw-2855	10	13	regulate	regulate	VERB
taxlaw-2855	10	14	tobacco	tobacco	NOUN
taxlaw-2855	10	15	and	and	CCONJ
taxlaw-2855	10	16	tobacco	tobacco	NOUN
taxlaw-2855	10	17	products	product	NOUN
taxlaw-2855	10	18	.	.	PUNCT
taxlaw-2855	11	1	the	the	DET
taxlaw-2855	11	2	court	court	NOUN
taxlaw-2855	11	3	held	hold	VERB
taxlaw-2855	11	4	,	,	PUNCT
taxlaw-2855	11	5	in	in	ADP
taxlaw-2855	11	6	a	a	DET
taxlaw-2855	11	7	5	5	NUM
taxlaw-2855	11	8	-	-	SYM
taxlaw-2855	11	9	4	4	NUM
taxlaw-2855	11	10	decision	decision	NOUN
taxlaw-2855	11	11	,	,	PUNCT
taxlaw-2855	11	12	that	that	SCONJ
taxlaw-2855	11	13	congress	congress	PROPN
taxlaw-2855	11	14	had	have	AUX
taxlaw-2855	11	15	not	not	PART
taxlaw-2855	11	16	granted	grant	VERB
taxlaw-2855	11	17	such	such	ADJ
taxlaw-2855	11	18	authority	authority	NOUN
taxlaw-2855	11	19	.	.	PUNCT
taxlaw-2855	12	1	writing	write	VERB
taxlaw-2855	12	2	in	in	ADP
taxlaw-2855	12	3	dissent	dissent	NOUN
taxlaw-2855	12	4	,	,	PUNCT
taxlaw-2855	12	5	justice	justice	NOUN
taxlaw-2855	12	6	breyer	breyer	NOUN
taxlaw-2855	12	7	primarily	primarily	ADV
taxlaw-2855	12	8	relied	rely	VERB
taxlaw-2855	12	9	on	on	ADP
taxlaw-2855	12	10	the	the	DET
taxlaw-2855	12	11	text	text	NOUN
taxlaw-2855	12	12	of	of	ADP
taxlaw-2855	12	13	the	the	DET
taxlaw-2855	12	14	food	food	NOUN
taxlaw-2855	12	15	,	,	PUNCT
taxlaw-2855	12	16	drug	drug	NOUN
taxlaw-2855	12	17	,	,	PUNCT
taxlaw-2855	12	18	and	and	CCONJ
taxlaw-2855	12	19	cosmetic	cosmetic	ADJ
taxlaw-2855	12	20	act	act	NOUN
taxlaw-2855	12	21	(	(	PUNCT
taxlaw-2855	12	22	fdca	fdca	NOUN
taxlaw-2855	12	23	)	)	PUNCT
taxlaw-2855	12	24	.	.	PUNCT
taxlaw-2855	13	1	the	the	DET
taxlaw-2855	13	2	fdca	fdca	NOUN
taxlaw-2855	13	3	granted	grant	VERB
taxlaw-2855	13	4	authority	authority	NOUN
taxlaw-2855	13	5	to	to	ADP
taxlaw-2855	13	6	the	the	DET
taxlaw-2855	13	7	fda	fda	PROPN
taxlaw-2855	13	8	to	to	PART
taxlaw-2855	13	9	regulate	regulate	VERB
taxlaw-2855	13	10	“	"	PUNCT
taxlaw-2855	13	11	drugs	drug	NOUN
taxlaw-2855	13	12	”	"	PUNCT
taxlaw-2855	13	13	and	and	CCONJ
taxlaw-2855	13	14	“	"	PUNCT
taxlaw-2855	13	15	devices	device	NOUN
taxlaw-2855	13	16	.	.	PUNCT
taxlaw-2855	13	17	”2	”2	PUNCT
taxlaw-2855	13	18	nicotine	nicotine	PROPN
taxlaw-2855	13	19	is	be	AUX
taxlaw-2855	13	20	a	a	DET
taxlaw-2855	13	21	drug	drug	NOUN
taxlaw-2855	13	22	;	;	PUNCT
taxlaw-2855	13	23	a	a	DET
taxlaw-2855	13	24	cigarette	cigarette	NOUN
taxlaw-2855	13	25	is	be	AUX
taxlaw-2855	13	26	a	a	DET
taxlaw-2855	13	27	device	device	NOUN
taxlaw-2855	13	28	to	to	PART
taxlaw-2855	13	29	deliver	deliver	VERB
taxlaw-2855	13	30	nicotine	nicotine	NOUN
taxlaw-2855	13	31	.	.	PUNCT
taxlaw-2855	14	1	justice	justice	NOUN
taxlaw-2855	14	2	breyer	breyer	PROPN
taxlaw-2855	14	3	wrote	write	VERB
taxlaw-2855	14	4	:	:	PUNCT
taxlaw-2855	14	5	“	"	PUNCT
taxlaw-2855	14	6	in	in	ADP
taxlaw-2855	14	7	short	short	ADJ
taxlaw-2855	14	8	,	,	PUNCT
taxlaw-2855	14	9	i	i	PRON
taxlaw-2855	14	10	believe	believe	VERB
taxlaw-2855	14	11	that	that	SCONJ
taxlaw-2855	14	12	the	the	DET
taxlaw-2855	14	13	most	most	ADV
taxlaw-2855	14	14	important	important	ADJ
taxlaw-2855	14	15	indicia	indicia	NOUN
taxlaw-2855	14	16	of	of	ADP
taxlaw-2855	14	17	statutory	statutory	ADJ
taxlaw-2855	14	18	meaning	meaning	NOUN
taxlaw-2855	14	19	—	—	PUNCT
taxlaw-2855	14	20	language	language	NOUN
taxlaw-2855	14	21	and	and	CCONJ
taxlaw-2855	14	22	purpose	purpose	NOUN
taxlaw-2855	14	23	—	—	PUNCT
taxlaw-2855	14	24	along	along	ADP
taxlaw-2855	14	25	with	with	ADP
taxlaw-2855	14	26	the	the	DET
taxlaw-2855	14	27	fdca	fdca	NOUN
taxlaw-2855	14	28	’s	’s	PART
taxlaw-2855	14	29	legislative	legislative	ADJ
taxlaw-2855	14	30	history	history	NOUN
taxlaw-2855	14	31	.	.	PUNCT
taxlaw-2855	14	32	.	.	PUNCT
taxlaw-2855	15	1	.	.	PUNCT
taxlaw-2855	15	2	are	be	AUX
taxlaw-2855	15	3	sufficient	sufficient	ADJ
taxlaw-2855	15	4	to	to	PART
taxlaw-2855	15	5	establish	establish	VERB
taxlaw-2855	15	6	that	that	SCONJ
taxlaw-2855	15	7	the	the	DET
taxlaw-2855	15	8	fda	fda	PROPN
taxlaw-2855	15	9	has	have	VERB
taxlaw-2855	15	10	authority	authority	NOUN
taxlaw-2855	15	11	to	to	PART
taxlaw-2855	15	12	regulate	regulate	VERB
taxlaw-2855	15	13	tobacco	tobacco	NOUN
taxlaw-2855	15	14	.	.	PUNCT
taxlaw-2855	15	15	”	"	PUNCT
taxlaw-2855	16	1	3	3	NUM
taxlaw-2855	16	2	in	in	ADP
taxlaw-2855	16	3	an	an	DET
taxlaw-2855	16	4	opinion	opinion	NOUN
taxlaw-2855	16	5	written	write	VERB
taxlaw-2855	16	6	by	by	ADP
taxlaw-2855	16	7	justice	justice	NOUN
taxlaw-2855	16	8	o’connor	o’connor	ADV
taxlaw-2855	16	9	and	and	CCONJ
taxlaw-2855	16	10	joined	join	VERB
taxlaw-2855	16	11	by	by	ADP
taxlaw-2855	16	12	,	,	PUNCT
taxlaw-2855	16	13	among	among	ADP
taxlaw-2855	16	14	others	other	NOUN
taxlaw-2855	16	15	,	,	PUNCT
taxlaw-2855	16	16	justices	justice	NOUN
taxlaw-2855	16	17	scalia	scalia	PROPN
taxlaw-2855	16	18	and	and	CCONJ
taxlaw-2855	16	19	thomas	thomas	PROPN
taxlaw-2855	16	20	,	,	PUNCT
taxlaw-2855	16	21	the	the	DET
taxlaw-2855	16	22	majority	majority	NOUN
taxlaw-2855	16	23	looked	look	VERB
taxlaw-2855	16	24	beyond	beyond	ADP
taxlaw-2855	16	25	the	the	DET
taxlaw-2855	16	26	statutory	statutory	ADJ
taxlaw-2855	16	27	language	language	NOUN
taxlaw-2855	16	28	“	"	PUNCT
taxlaw-2855	16	29	in	in	ADP
taxlaw-2855	16	30	isolation	isolation	NOUN
taxlaw-2855	16	31	”	"	PUNCT
taxlaw-2855	16	32	and	and	CCONJ
taxlaw-2855	16	33	held	hold	VERB
taxlaw-2855	16	34	that	that	SCONJ
taxlaw-2855	16	35	,	,	PUNCT
taxlaw-2855	16	36	after	after	ADP
taxlaw-2855	16	37	examining	examine	VERB
taxlaw-2855	16	38	the	the	DET
taxlaw-2855	16	39	fdca	fdca	NOUN
taxlaw-2855	16	40	as	as	ADP
taxlaw-2855	16	41	a	a	DET
taxlaw-2855	16	42	whole	whole	NOUN
taxlaw-2855	16	43	,	,	PUNCT
taxlaw-2855	16	44	the	the	DET
taxlaw-2855	16	45	fda	fda	PROPN
taxlaw-2855	16	46	’s	’s	PART
taxlaw-2855	16	47	own	own	ADJ
taxlaw-2855	16	48	statements	statement	NOUN
taxlaw-2855	16	49	on	on	ADP
taxlaw-2855	16	50	the	the	DET
taxlaw-2855	16	51	limits	limit	NOUN
taxlaw-2855	16	52	of	of	ADP
taxlaw-2855	16	53	its	its	PRON
taxlaw-2855	16	54	jurisdiction	jurisdiction	NOUN
taxlaw-2855	16	55	,	,	PUNCT
taxlaw-2855	16	56	and	and	CCONJ
taxlaw-2855	16	57	35	35	NUM
taxlaw-2855	16	58	years	year	NOUN
taxlaw-2855	16	59	of	of	ADP
taxlaw-2855	16	60	tobacco	tobacco	NOUN
taxlaw-2855	16	61	-	-	PUNCT
taxlaw-2855	16	62	specific	specific	ADJ
taxlaw-2855	16	63	legislation	legislation	NOUN
taxlaw-2855	16	64	(	(	PUNCT
taxlaw-2855	16	65	as	as	ADV
taxlaw-2855	16	66	well	well	ADV
taxlaw-2855	16	67	as	as	ADP
taxlaw-2855	16	68	legislative	legislative	ADJ
taxlaw-2855	16	69	history	history	NOUN
taxlaw-2855	16	70	and	and	CCONJ
taxlaw-2855	16	71	bills	bill	NOUN
taxlaw-2855	16	72	proposed	propose	VERB
taxlaw-2855	16	73	but	but	CCONJ
taxlaw-2855	16	74	not	not	PART
taxlaw-2855	16	75	adopted	adopt	VERB
taxlaw-2855	16	76	)	)	PUNCT
taxlaw-2855	16	77	,	,	PUNCT
taxlaw-2855	16	78	“	"	PUNCT
taxlaw-2855	16	79	it	it	PRON
taxlaw-2855	16	80	is	be	AUX
taxlaw-2855	16	81	clear	clear	ADJ
taxlaw-2855	16	82	that	that	SCONJ
taxlaw-2855	16	83	congress	congress	PROPN
taxlaw-2855	16	84	intended	intend	VERB
taxlaw-2855	16	85	to	to	PART
taxlaw-2855	16	86	exclude	exclude	VERB
taxlaw-2855	16	87	tobacco	tobacco	NOUN
taxlaw-2855	16	88	products	product	NOUN
taxlaw-2855	16	89	from	from	ADP
taxlaw-2855	16	90	the	the	DET
taxlaw-2855	16	91	fda	fda	PROPN
taxlaw-2855	16	92	’s	’s	PART
taxlaw-2855	16	93	jurisdiction	jurisdiction	NOUN
taxlaw-2855	16	94	.	.	PUNCT
taxlaw-2855	16	95	”4	”4	PUNCT
taxlaw-2855	17	1	in	in	ADP
taxlaw-2855	17	2	short	short	ADJ
taxlaw-2855	17	3	,	,	PUNCT
taxlaw-2855	17	4	notwithstanding	notwithstanding	ADP
taxlaw-2855	17	5	that	that	DET
taxlaw-2855	17	6	nicotine	nicotine	NOUN
taxlaw-2855	17	7	is	be	AUX
taxlaw-2855	17	8	a	a	DET
taxlaw-2855	17	9	drug	drug	NOUN
taxlaw-2855	17	10	and	and	CCONJ
taxlaw-2855	17	11	a	a	DET
taxlaw-2855	17	12	cigarette	cigarette	NOUN
taxlaw-2855	17	13	is	be	AUX
taxlaw-2855	17	14	a	a	DET
taxlaw-2855	17	15	drug	drug	NOUN
taxlaw-2855	17	16	delivery	delivery	NOUN
taxlaw-2855	17	17	device	device	NOUN
taxlaw-2855	17	18	(	(	PUNCT
taxlaw-2855	17	19	at	at	ADP
taxlaw-2855	17	20	least	least	ADJ
taxlaw-2855	17	21	in	in	ADP
taxlaw-2855	17	22	the	the	DET
taxlaw-2855	17	23	normal	normal	ADJ
taxlaw-2855	17	24	sense	sense	NOUN
taxlaw-2855	17	25	of	of	ADP
taxlaw-2855	17	26	those	those	DET
taxlaw-2855	17	27	words	word	NOUN
taxlaw-2855	17	28	)	)	PUNCT
taxlaw-2855	17	29	,	,	PUNCT
taxlaw-2855	17	30	that	that	PRON
taxlaw-2855	17	31	’s	’	VERB
taxlaw-2855	17	32	not	not	PART
taxlaw-2855	17	33	what	what	PRON
taxlaw-2855	17	34	congress	congress	PROPN
taxlaw-2855	17	35	meant	mean	VERB
taxlaw-2855	17	36	.	.	PUNCT
taxlaw-2855	18	1	when	when	SCONJ
taxlaw-2855	18	2	the	the	DET
taxlaw-2855	18	3	treasury	treasury	PROPN
taxlaw-2855	18	4	department	department	PROPN
taxlaw-2855	18	5	and	and	CCONJ
taxlaw-2855	18	6	the	the	DET
taxlaw-2855	18	7	irs	irs	PROPN
taxlaw-2855	18	8	published	publish	VERB
taxlaw-2855	18	9	proposed	propose	VERB
taxlaw-2855	18	10	and	and	CCONJ
taxlaw-2855	18	11	temporary	temporary	ADJ
taxlaw-2855	18	12	regulations	regulation	NOUN
taxlaw-2855	18	13	under	under	ADP
taxlaw-2855	18	14	sections	section	NOUN
taxlaw-2855	18	15	385,5	385,5	PROPN
taxlaw-2855	18	16	956	956	NUM
taxlaw-2855	18	17	,	,	PUNCT
taxlaw-2855	18	18	7701(l	7701(l	NUM
taxlaw-2855	18	19	)	)	PUNCT
taxlaw-2855	18	20	and	and	CCONJ
taxlaw-2855	18	21	7874	7874	NUM
taxlaw-2855	18	22	,	,	PUNCT
taxlaw-2855	18	23	many	many	ADJ
taxlaw-2855	18	24	tax	tax	NOUN
taxlaw-2855	18	25	practitioners	practitioner	NOUN
taxlaw-2855	18	26	had	have	VERB
taxlaw-2855	18	27	a	a	DET
taxlaw-2855	18	28	reaction	reaction	NOUN
taxlaw-2855	18	29	similar	similar	ADJ
taxlaw-2855	18	30	to	to	ADP
taxlaw-2855	18	31	the	the	DET
taxlaw-2855	18	32	court	court	NOUN
taxlaw-2855	18	33	’s	’s	PART
taxlaw-2855	18	34	reaction	reaction	NOUN
taxlaw-2855	18	35	in	in	ADP
taxlaw-2855	18	36	brown	brown	PROPN
taxlaw-2855	18	37	&	&	CCONJ
taxlaw-2855	18	38	williamson	williamson	PROPN
taxlaw-2855	18	39	,	,	PUNCT
taxlaw-2855	18	40	particularly	particularly	ADV
taxlaw-2855	18	41	to	to	ADP
taxlaw-2855	18	42	the	the	DET
taxlaw-2855	18	43	proposed	propose	VERB
taxlaw-2855	18	44	section	section	NOUN
taxlaw-2855	18	45	385	385	NUM
taxlaw-2855	18	46	regulations	regulation	NOUN
taxlaw-2855	18	47	(	(	PUNCT
taxlaw-2855	18	48	the	the	DET
taxlaw-2855	18	49	“	"	PUNCT
taxlaw-2855	18	50	proposed	propose	VERB
taxlaw-2855	18	51	385	385	NUM
taxlaw-2855	18	52	regulations	regulation	NOUN
taxlaw-2855	18	53	”	"	PUNCT
taxlaw-2855	18	54	)	)	PUNCT
taxlaw-2855	18	55	,	,	PUNCT
taxlaw-2855	18	56	and	and	CCONJ
taxlaw-2855	18	57	particularly	particularly	ADV
taxlaw-2855	18	58	to	to	ADP
taxlaw-2855	18	59	proposed	propose	VERB
taxlaw-2855	18	60	treasury	treasury	NOUN
taxlaw-2855	18	61	regulation	regulation	NOUN
taxlaw-2855	18	62	section	section	NOUN
taxlaw-2855	18	63	1.385	1.385	NUM
taxlaw-2855	18	64	-	-	SYM
taxlaw-2855	18	65	3	3	NUM
taxlaw-2855	18	66	(	(	PUNCT
taxlaw-2855	18	67	the	the	DET
taxlaw-2855	18	68	“	"	PUNCT
taxlaw-2855	18	69	per	per	X
taxlaw-2855	18	70	se	se	X
taxlaw-2855	18	71	rule	rule	NOUN
taxlaw-2855	18	72	”	"	PUNCT
taxlaw-2855	18	73	):	):	PUNCT
taxlaw-2855	18	74	whatever	whatever	PRON
taxlaw-2855	18	75	the	the	DET
taxlaw-2855	18	76	statute	statute	NOUN
taxlaw-2855	18	77	and	and	CCONJ
taxlaw-2855	18	78	the	the	DET
taxlaw-2855	18	79	legislative	legislative	ADJ
taxlaw-2855	18	80	history	history	NOUN
taxlaw-2855	18	81	of	of	ADP
taxlaw-2855	18	82	section	section	NOUN
taxlaw-2855	18	83	385	385	NUM
taxlaw-2855	18	84	can	can	AUX
taxlaw-2855	18	85	be	be	AUX
taxlaw-2855	18	86	read	read	VERB
taxlaw-2855	18	87	to	to	PART
taxlaw-2855	18	88	say	say	VERB
taxlaw-2855	18	89	,	,	PUNCT
taxlaw-2855	18	90	that	that	PRON
taxlaw-2855	18	91	’s	’	VERB
taxlaw-2855	18	92	not	not	PART
taxlaw-2855	18	93	what	what	PRON
taxlaw-2855	18	94	congress	congress	PROPN
taxlaw-2855	18	95	meant.6	meant.6	PROPN
taxlaw-2855	18	96	1	1	NUM
taxlaw-2855	18	97	fda	fda	PROPN
taxlaw-2855	18	98	v.	v.	PROPN
taxlaw-2855	18	99	brown	brown	PROPN
taxlaw-2855	18	100	&	&	CCONJ
taxlaw-2855	18	101	williamson	williamson	PROPN
taxlaw-2855	18	102	tobacco	tobacco	PROPN
taxlaw-2855	18	103	corp	corp	PROPN
taxlaw-2855	18	104	.	.	PROPN
taxlaw-2855	18	105	,	,	PUNCT
taxlaw-2855	18	106	529	529	NUM
taxlaw-2855	18	107	u.s	u.s	PROPN
taxlaw-2855	18	108	.	.	PROPN
taxlaw-2855	18	109	120	120	NUM
taxlaw-2855	18	110	(	(	PUNCT
taxlaw-2855	18	111	2000	2000	NUM
taxlaw-2855	18	112	)	)	PUNCT
taxlaw-2855	18	113	.	.	PUNCT
taxlaw-2855	19	1	2	2	NUM
taxlaw-2855	19	2	21	21	NUM
taxlaw-2855	19	3	u.s.c	u.s.c	NOUN
taxlaw-2855	19	4	.	.	PUNCT
taxlaw-2855	20	1	§	§	PROPN
taxlaw-2855	20	2	§	§	PROPN
taxlaw-2855	20	3	321(g)–(h	321(g)–(h	PROPN
taxlaw-2855	20	4	)	)	PUNCT
taxlaw-2855	20	5	,	,	PUNCT
taxlaw-2855	20	6	393	393	NUM
taxlaw-2855	20	7	.	.	PUNCT
taxlaw-2855	20	8	3	3	NUM
taxlaw-2855	20	9	529	529	NUM
taxlaw-2855	20	10	u.s	u.s	PROPN
taxlaw-2855	20	11	.	.	PROPN
taxlaw-2855	20	12	at	at	ADP
taxlaw-2855	20	13	163	163	NUM
taxlaw-2855	20	14	.	.	PUNCT
taxlaw-2855	20	15	4	4	NUM
taxlaw-2855	21	1	i	i	NOUN
taxlaw-2855	21	2	d.	d.	NOUN
taxlaw-2855	21	3	at	at	ADP
taxlaw-2855	21	4	142	142	NUM
taxlaw-2855	21	5	.	.	PUNCT
taxlaw-2855	21	6	5	5	NUM
taxlaw-2855	21	7	unless	unless	SCONJ
taxlaw-2855	21	8	otherwise	otherwise	ADV
taxlaw-2855	21	9	specified	specify	VERB
taxlaw-2855	21	10	,	,	PUNCT
taxlaw-2855	21	11	all	all	DET
taxlaw-2855	21	12	section	section	NOUN
taxlaw-2855	21	13	references	reference	NOUN
taxlaw-2855	21	14	are	be	AUX
taxlaw-2855	21	15	to	to	ADP
taxlaw-2855	21	16	the	the	DET
taxlaw-2855	21	17	internal	internal	ADJ
taxlaw-2855	21	18	revenue	revenue	NOUN
taxlaw-2855	21	19	code	code	NOUN
taxlaw-2855	21	20	of	of	ADP
taxlaw-2855	21	21	1986	1986	NUM
taxlaw-2855	21	22	,	,	PUNCT
taxlaw-2855	21	23	as	as	SCONJ
taxlaw-2855	21	24	amended	amend	VERB
taxlaw-2855	21	25	.	.	PUNCT
taxlaw-2855	22	1	6	6	NUM
taxlaw-2855	22	2	see	see	VERB
taxlaw-2855	22	3	,	,	PUNCT
taxlaw-2855	22	4	e.g.	e.g.	ADV
taxlaw-2855	22	5	,	,	PUNCT
taxlaw-2855	22	6	comment	comment	NOUN
taxlaw-2855	22	7	letter	letter	NOUN
taxlaw-2855	22	8	on	on	ADP
taxlaw-2855	22	9	proposed	propose	VERB
taxlaw-2855	22	10	rulemaking	rulemaking	NOUN
taxlaw-2855	22	11	treatment	treatment	NOUN
taxlaw-2855	22	12	of	of	ADP
taxlaw-2855	22	13	certain	certain	ADJ
taxlaw-2855	22	14	interests	interest	NOUN
taxlaw-2855	22	15	in	in	ADP
taxlaw-2855	22	16	corporations	corporation	NOUN
taxlaw-2855	22	17	as	as	ADP
taxlaw-2855	22	18	stock	stock	NOUN
taxlaw-2855	22	19	or	or	CCONJ
taxlaw-2855	22	20	indebtedness	indebtedness	NOUN
taxlaw-2855	22	21	,	,	PUNCT
taxlaw-2855	22	22	org	org	NOUN
taxlaw-2855	22	23	.	.	PUNCT
taxlaw-2855	23	1	for	for	ADP
taxlaw-2855	23	2	int’l	int’l	NUM
taxlaw-2855	23	3	investment	investment	NOUN
taxlaw-2855	23	4	(	(	PUNCT
taxlaw-2855	23	5	july	july	PROPN
taxlaw-2855	23	6	7	7	NUM
taxlaw-2855	23	7	,	,	PUNCT
taxlaw-2855	23	8	2016	2016	NUM
taxlaw-2855	23	9	)	)	PUNCT
taxlaw-2855	23	10	,	,	PUNCT
taxlaw-2855	23	11	http://ofii.org/sites/default/files/ofii%20comment%20letter%20on%20proposed%20385%20regulations.p	http://ofii.org/sites/default/files/ofii%20comment%20letter%20on%20proposed%20385%20regulations.p	PROPN
taxlaw-2855	23	12	df	df	PROPN
taxlaw-2855	24	1	[	[	X
taxlaw-2855	24	2	perma.cc/3p9k-4cyv	perma.cc/3p9k-4cyv	X
taxlaw-2855	24	3	]	]	X
taxlaw-2855	24	4	(	(	PUNCT
taxlaw-2855	24	5	“	"	PUNCT
taxlaw-2855	24	6	the	the	DET
taxlaw-2855	24	7	purpose	purpose	NOUN
taxlaw-2855	24	8	of	of	ADP
taxlaw-2855	24	9	section	section	NOUN
taxlaw-2855	24	10	385	385	NUM
taxlaw-2855	24	11	was	be	AUX
taxlaw-2855	24	12	to	to	PART
taxlaw-2855	24	13	provide	provide	VERB
taxlaw-2855	24	14	more	more	ADJ
taxlaw-2855	24	15	general	general	ADJ
taxlaw-2855	24	16	guidance	guidance	NOUN
taxlaw-2855	24	17	outside	outside	ADP
taxlaw-2855	24	18	of	of	ADP
taxlaw-2855	24	19	the	the	DET
taxlaw-2855	24	20	acquisition	acquisition	NOUN
taxlaw-2855	24	21	context	context	NOUN
taxlaw-2855	24	22	on	on	ADP
taxlaw-2855	24	23	the	the	DET
taxlaw-2855	24	24	difference	difference	NOUN
taxlaw-2855	24	25	between	between	ADP
taxlaw-2855	24	26	debt	debt	NOUN
taxlaw-2855	24	27	and	and	CCONJ
taxlaw-2855	24	28	equity	equity	NOUN
taxlaw-2855	24	29	.	.	PUNCT
taxlaw-2855	25	1	there	there	PRON
taxlaw-2855	25	2	is	be	VERB
taxlaw-2855	25	3	no	no	DET
taxlaw-2855	25	4	indication	indication	NOUN
taxlaw-2855	25	5	that	that	SCONJ
taxlaw-2855	25	6	congress	congress	PROPN
taxlaw-2855	25	7	believed	believe	VERB
taxlaw-2855	25	8	that	that	SCONJ
taxlaw-2855	25	9	debt	debt	NOUN
taxlaw-2855	25	10	incurred	incur	VERB
taxlaw-2855	25	11	to	to	PART
taxlaw-2855	25	12	acquire	acquire	VERB
taxlaw-2855	25	13	stock	stock	NOUN
taxlaw-2855	25	14	of	of	ADP
taxlaw-2855	25	15	a	a	DET
taxlaw-2855	25	16	related	relate	VERB
taxlaw-2855	25	17	or	or	CCONJ
taxlaw-2855	25	18	unrelated	unrelated	ADJ
taxlaw-2855	25	19	company	company	NOUN
taxlaw-2855	25	20	to	to	PART
taxlaw-2855	25	21	which	which	DET
taxlaw-2855	25	22	section	section	NOUN
taxlaw-2855	25	23	279	279	NUM
taxlaw-2855	25	24	did	do	AUX
taxlaw-2855	25	25	not	not	PART
taxlaw-2855	25	26	apply	apply	VERB
taxlaw-2855	25	27	should	should	AUX
taxlaw-2855	25	28	somehow	somehow	ADV
taxlaw-2855	25	29	be	be	AUX
taxlaw-2855	25	30	suspect	suspect	ADJ
taxlaw-2855	25	31	under	under	ADP
taxlaw-2855	25	32	section	section	NOUN
taxlaw-2855	25	33	385	385	NUM
taxlaw-2855	25	34	.	.	PUNCT
taxlaw-2855	25	35	”	"	PUNCT
taxlaw-2855	25	36	)	)	PUNCT
taxlaw-2855	25	37	;	;	PUNCT
taxlaw-2855	25	38	comment	comment	NOUN
taxlaw-2855	25	39	letter	letter	NOUN
taxlaw-2855	25	40	on	on	ADP
taxlaw-2855	25	41	proposed	propose	VERB
taxlaw-2855	25	42	rulemaking	rulemaking	NOUN
taxlaw-2855	25	43	treatment	treatment	NOUN
taxlaw-2855	25	44	of	of	ADP
taxlaw-2855	25	45	certain	certain	ADJ
taxlaw-2855	25	46	interests	interest	NOUN
taxlaw-2855	25	47	in	in	ADP
taxlaw-2855	25	48	corporations	corporation	NOUN
taxlaw-2855	25	49	as	as	ADP
taxlaw-2855	25	50	stock	stock	NOUN
taxlaw-2855	25	51	or	or	CCONJ
taxlaw-2855	25	52	indebtedness	indebtedness	NOUN
taxlaw-2855	25	53	,	,	PUNCT
taxlaw-2855	25	54	kpmg	kpmg	PROPN
taxlaw-2855	25	55	(	(	PUNCT
taxlaw-2855	25	56	july	july	PROPN
taxlaw-2855	25	57	7	7	NUM
taxlaw-2855	25	58	,	,	PUNCT
taxlaw-2855	25	59	2016	2016	NUM
taxlaw-2855	25	60	)	)	PUNCT
taxlaw-2855	25	61	,	,	PUNCT
taxlaw-2855	25	62	http://home.kpmg.com/content/dam/kpmg/pdf/2016/07/tnf-comment-letter-jul8-2016.pdf	http://home.kpmg.com/content/dam/kpmg/pdf/2016/07/tnf-comment-letter-jul8-2016.pdf	NOUN
taxlaw-2855	26	1	[	[	X
taxlaw-2855	26	2	perma.cc/u8zbjdvr	perma.cc/u8zbjdvr	X
taxlaw-2855	26	3	]	]	X
taxlaw-2855	26	4	(	(	PUNCT
taxlaw-2855	26	5	“	"	PUNCT
taxlaw-2855	26	6	we	we	PRON
taxlaw-2855	26	7	believe	believe	VERB
taxlaw-2855	26	8	the	the	DET
taxlaw-2855	26	9	proposed	propose	VERB
taxlaw-2855	26	10	regulations	regulation	NOUN
taxlaw-2855	26	11	exceed	exceed	VERB
taxlaw-2855	26	12	the	the	DET
taxlaw-2855	26	13	regulatory	regulatory	ADJ
taxlaw-2855	26	14	authority	authority	NOUN
taxlaw-2855	26	15	granted	grant	VERB
taxlaw-2855	26	16	by	by	ADP
taxlaw-2855	26	17	section	section	NOUN
taxlaw-2855	26	18	385	385	NUM
taxlaw-2855	26	19	and	and	CCONJ
taxlaw-2855	26	20	go	go	VERB
taxlaw-2855	26	21	beyond	beyond	ADP
taxlaw-2855	26	22	congressional	congressional	ADJ
taxlaw-2855	26	23	intent	intent	NOUN
taxlaw-2855	26	24	.	.	PUNCT
taxlaw-2855	27	1	they	they	PRON
taxlaw-2855	27	2	do	do	AUX
taxlaw-2855	27	3	not	not	PART
taxlaw-2855	27	4	seek	seek	VERB
taxlaw-2855	27	5	to	to	PART
taxlaw-2855	27	6	delineate	delineate	VERB
taxlaw-2855	27	7	a	a	DET
taxlaw-2855	27	8	general	general	ADJ
taxlaw-2855	27	9	debt	debt	NOUN
taxlaw-2855	27	10	-	-	PUNCT
taxlaw-2855	27	11	equity	equity	NOUN
taxlaw-2855	27	12	distinction	distinction	NOUN
taxlaw-2855	27	13	or	or	CCONJ
taxlaw-2855	27	14	to	to	PART
taxlaw-2855	27	15	clarify	clarify	VERB
taxlaw-2855	27	16	or	or	CCONJ
taxlaw-2855	27	17	rationalize	rationalize	VERB
taxlaw-2855	27	18	debt	debt	NOUN
taxlaw-2855	27	19	-	-	PUNCT
taxlaw-2855	27	20	equity	equity	NOUN
taxlaw-2855	27	21	analysis	analysis	NOUN
taxlaw-2855	27	22	.	.	PUNCT
taxlaw-2855	28	1	instead	instead	ADV
taxlaw-2855	28	2	,	,	PUNCT
taxlaw-2855	28	3	the	the	DET
taxlaw-2855	28	4	proposed	propose	VERB
taxlaw-2855	28	5	regulations	regulation	NOUN
taxlaw-2855	28	6	would	would	AUX
taxlaw-2855	28	7	simply	simply	ADV
taxlaw-2855	28	8	treat	treat	VERB
taxlaw-2855	28	9	certain	certain	ADJ
taxlaw-2855	28	10	arrangements	arrangement	NOUN
taxlaw-2855	28	11	as	as	ADP
taxlaw-2855	28	12	equity	equity	NOUN
taxlaw-2855	28	13	in	in	ADP
taxlaw-2855	28	14	order	order	NOUN
taxlaw-2855	28	15	to	to	PART
taxlaw-2855	28	16	ensure	ensure	VERB
taxlaw-2855	28	17	that	that	SCONJ
taxlaw-2855	28	18	interest	interest	NOUN
taxlaw-2855	28	19	expense	expense	NOUN
taxlaw-2855	28	20	deductions	deduction	NOUN
taxlaw-2855	28	21	are	be	AUX
taxlaw-2855	28	22	not	not	PART
taxlaw-2855	28	23	available	available	ADJ
taxlaw-2855	28	24	in	in	ADP
taxlaw-2855	28	25	the	the	DET
taxlaw-2855	28	26	case	case	NOUN
taxlaw-2855	28	27	of	of	ADP
taxlaw-2855	28	28	certain	certain	ADJ
taxlaw-2855	28	29	transactions	transaction	NOUN
taxlaw-2855	28	30	.	.	PUNCT
taxlaw-2855	28	31	”	"	PUNCT
taxlaw-2855	28	32	)	)	PUNCT
taxlaw-2855	29	1	;	;	PUNCT
taxlaw-2855	29	2	comments	comment	NOUN
taxlaw-2855	29	3	re	re	ADP
taxlaw-2855	29	4	:	:	PUNCT
taxlaw-2855	29	5	proposed	propose	VERB
taxlaw-2855	29	6	treasury	treasury	NOUN
taxlaw-2855	29	7	regulations	regulation	NOUN
taxlaw-2855	29	8	under	under	ADP
taxlaw-2855	29	9	section	section	NOUN
taxlaw-2855	29	10	385	385	NUM
taxlaw-2855	29	11	,	,	PUNCT
taxlaw-2855	29	12	pricewaterhouse	pricewaterhouse	NOUN
taxlaw-2855	29	13	coopers	cooper	NOUN
taxlaw-2855	29	14	(	(	PUNCT
taxlaw-2855	29	15	apr	apr	PROPN
taxlaw-2855	29	16	.	.	PROPN
taxlaw-2855	29	17	7	7	NUM
taxlaw-2855	29	18	,	,	PUNCT
taxlaw-2855	29	19	2016	2016	NUM
taxlaw-2855	29	20	)	)	PUNCT
taxlaw-2855	29	21	,	,	PUNCT
taxlaw-2855	29	22	http://www.pwc.com/us/en/tax-services/publications/insights/assets/pwc-proposedsection-385-regs-would-impact-related-party-financings.pdf	http://www.pwc.com/us/en/tax-services/publications/insights/assets/pwc-proposedsection-385-regs-would-impact-related-party-financings.pdf	X
taxlaw-2855	30	1	[	[	X
taxlaw-2855	30	2	perma.cc/h4g5-z3eu	perma.cc/h4g5-z3eu	X
taxlaw-2855	30	3	]	]	X
taxlaw-2855	30	4	(	(	PUNCT
taxlaw-2855	30	5	“	"	PUNCT
taxlaw-2855	30	6	the	the	DET
taxlaw-2855	30	7	proposed	propose	VERB
taxlaw-2855	30	8	regulations	regulation	NOUN
taxlaw-2855	30	9	incorporate	incorporate	VERB
taxlaw-2855	30	10	none	none	NOUN
taxlaw-2855	30	11	of	of	ADP
taxlaw-2855	30	12	the	the	DET
taxlaw-2855	30	13	traditional	traditional	ADJ
taxlaw-2855	30	14	factors	factor	NOUN
taxlaw-2855	30	15	used	use	VERB
taxlaw-2855	30	16	by	by	ADP
taxlaw-2855	30	17	the	the	DET
taxlaw-2855	30	18	courts	court	NOUN
taxlaw-2855	30	19	in	in	ADP
taxlaw-2855	30	20	distinguishing	distinguish	VERB
taxlaw-2855	30	21	debt	debt	NOUN
taxlaw-2855	30	22	from	from	ADP
taxlaw-2855	30	23	equity	equity	NOUN
taxlaw-2855	30	24	:	:	PUNCT
taxlaw-2855	30	25	they	they	PRON
taxlaw-2855	30	26	do	do	AUX
taxlaw-2855	30	27	not	not	PART
taxlaw-2855	30	28	look	look	VERB
taxlaw-2855	30	29	to	to	ADP
taxlaw-2855	30	30	the	the	DET
taxlaw-2855	30	31	terms	term	NOUN
taxlaw-2855	30	32	of	of	ADP
taxlaw-2855	30	33	an	an	DET
taxlaw-2855	30	34	instrument	instrument	NOUN
taxlaw-2855	30	35	;	;	PUNCT
taxlaw-2855	30	36	they	they	PRON
taxlaw-2855	30	37	do	do	AUX
taxlaw-2855	30	38	not	not	PART
taxlaw-2855	30	39	look	look	VERB
taxlaw-2855	30	40	to	to	ADP
taxlaw-2855	30	41	the	the	DET
taxlaw-2855	30	42	strength	strength	NOUN
taxlaw-2855	30	43	of	of	ADP
taxlaw-2855	30	44	an	an	DET
taxlaw-2855	30	45	issuer	issuer	NOUN
taxlaw-2855	30	46	’s	’s	PART
taxlaw-2855	30	47	cash	cash	NOUN
taxlaw-2855	30	48	flows	flow	NOUN
taxlaw-2855	30	49	or	or	CCONJ
taxlaw-2855	30	50	balance	balance	NOUN
taxlaw-2855	30	51	sheet	sheet	NOUN
taxlaw-2855	30	52	;	;	PUNCT
taxlaw-2855	30	53	and	and	CCONJ
taxlaw-2855	30	54	they	they	PRON
taxlaw-2855	30	55	do	do	AUX
taxlaw-2855	30	56	not	not	PART
taxlaw-2855	30	57	take	take	VERB
taxlaw-2855	30	58	into	into	ADP
taxlaw-2855	30	59	account	account	NOUN
taxlaw-2855	30	60	the	the	DET
taxlaw-2855	30	61	intent	intent	NOUN
taxlaw-2855	30	62	of	of	ADP
taxlaw-2855	30	63	the	the	DET
taxlaw-2855	30	64	debtor	debtor	NOUN
taxlaw-2855	30	65	and	and	CCONJ
taxlaw-2855	30	66	creditor	creditor	NOUN
taxlaw-2855	30	67	in	in	ADP
taxlaw-2855	30	68	making	make	VERB
taxlaw-2855	30	69	an	an	DET
taxlaw-2855	30	70	advance	advance	NOUN
taxlaw-2855	30	71	.	.	PUNCT
taxlaw-2855	31	1	this	this	PRON
taxlaw-2855	31	2	is	be	AUX
taxlaw-2855	31	3	not	not	PART
taxlaw-2855	31	4	what	what	DET
taxlaw-2855	31	5	section	section	NOUN
taxlaw-2855	31	6	385	385	NUM
taxlaw-2855	31	7	provides	provide	VERB
taxlaw-2855	31	8	nor	nor	CCONJ
taxlaw-2855	31	9	what	what	PRON
taxlaw-2855	31	10	congress	congress	PROPN
taxlaw-2855	31	11	intended	intend	VERB
taxlaw-2855	31	12	in	in	ADP
taxlaw-2855	31	13	enacting	enact	VERB
taxlaw-2855	31	14	section	section	NOUN
taxlaw-2855	31	15	385	385	NUM
taxlaw-2855	31	16	.	.	PUNCT
taxlaw-2855	31	17	”	"	PUNCT
taxlaw-2855	31	18	)	)	PUNCT
taxlaw-2855	31	19	.	.	PUNCT
taxlaw-2855	32	1	2017	2017	NUM
taxlaw-2855	32	2	]	]	PUNCT
taxlaw-2855	32	3	a	a	DET
taxlaw-2855	32	4	framework	framework	NOUN
taxlaw-2855	32	5	for	for	ADP
taxlaw-2855	32	6	testing	test	VERB
taxlaw-2855	32	7	regulatory	regulatory	ADJ
taxlaw-2855	32	8	authority	authority	NOUN
taxlaw-2855	32	9	329	329	NUM
taxlaw-2855	32	10	and	and	CCONJ
taxlaw-2855	32	11	yet	yet	ADV
taxlaw-2855	32	12	,	,	PUNCT
taxlaw-2855	32	13	the	the	DET
taxlaw-2855	32	14	initial	initial	ADJ
taxlaw-2855	32	15	reaction	reaction	NOUN
taxlaw-2855	32	16	was	be	AUX
taxlaw-2855	32	17	that	that	SCONJ
taxlaw-2855	32	18	the	the	DET
taxlaw-2855	32	19	proposed	proposed	ADJ
taxlaw-2855	32	20	385	385	NUM
taxlaw-2855	32	21	regulations	regulation	NOUN
taxlaw-2855	32	22	were	be	AUX
taxlaw-2855	32	23	clearly	clearly	ADV
taxlaw-2855	32	24	within	within	ADP
taxlaw-2855	32	25	the	the	DET
taxlaw-2855	32	26	scope	scope	NOUN
taxlaw-2855	32	27	of	of	ADP
taxlaw-2855	32	28	authority	authority	NOUN
taxlaw-2855	32	29	granted	grant	VERB
taxlaw-2855	32	30	to	to	ADP
taxlaw-2855	32	31	the	the	DET
taxlaw-2855	32	32	irs	irs	PROPN
taxlaw-2855	32	33	under	under	ADP
taxlaw-2855	32	34	section	section	NOUN
taxlaw-2855	32	35	385.7	385.7	NUM
taxlaw-2855	32	36	“	"	PUNCT
taxlaw-2855	32	37	the	the	DET
taxlaw-2855	32	38	explicit	explicit	ADJ
taxlaw-2855	32	39	language	language	NOUN
taxlaw-2855	32	40	of	of	ADP
taxlaw-2855	32	41	section	section	NOUN
taxlaw-2855	32	42	385	385	NUM
taxlaw-2855	32	43	gives	give	VERB
taxlaw-2855	32	44	the	the	DET
taxlaw-2855	32	45	treasury	treasury	NOUN
taxlaw-2855	32	46	secretary	secretary	NOUN
taxlaw-2855	32	47	direct	direct	ADJ
taxlaw-2855	32	48	and	and	CCONJ
taxlaw-2855	32	49	powerful	powerful	ADJ
taxlaw-2855	32	50	regulatory	regulatory	ADJ
taxlaw-2855	32	51	authority	authority	NOUN
taxlaw-2855	32	52	to	to	PART
taxlaw-2855	32	53	reclassify	reclassify	VERB
taxlaw-2855	32	54	debt	debt	NOUN
taxlaw-2855	32	55	as	as	ADP
taxlaw-2855	32	56	equity	equity	NOUN
taxlaw-2855	32	57	and	and	CCONJ
taxlaw-2855	32	58	thereby	thereby	ADV
taxlaw-2855	32	59	transform	transform	VERB
taxlaw-2855	32	60	a	a	DET
taxlaw-2855	32	61	deductible	deductible	ADJ
taxlaw-2855	32	62	interest	interest	NOUN
taxlaw-2855	32	63	payment	payment	NOUN
taxlaw-2855	32	64	into	into	ADP
taxlaw-2855	32	65	a	a	DET
taxlaw-2855	32	66	nondeductible	nondeductible	ADJ
taxlaw-2855	32	67	dividend	dividend	NOUN
taxlaw-2855	32	68	.	.	PUNCT
taxlaw-2855	32	69	”8	”8	PUNCT
taxlaw-2855	33	1	that	that	PRON
taxlaw-2855	33	2	may	may	AUX
taxlaw-2855	33	3	be	be	AUX
taxlaw-2855	33	4	the	the	DET
taxlaw-2855	33	5	case	case	NOUN
taxlaw-2855	33	6	,	,	PUNCT
taxlaw-2855	33	7	but	but	CCONJ
taxlaw-2855	33	8	to	to	PART
taxlaw-2855	33	9	assess	assess	VERB
taxlaw-2855	33	10	whether	whether	SCONJ
taxlaw-2855	33	11	the	the	DET
taxlaw-2855	33	12	statute	statute	NOUN
taxlaw-2855	33	13	authorizes	authorize	VERB
taxlaw-2855	33	14	these	these	DET
taxlaw-2855	33	15	regulations	regulation	NOUN
taxlaw-2855	33	16	one	one	PRON
taxlaw-2855	33	17	must	must	AUX
taxlaw-2855	33	18	look	look	VERB
taxlaw-2855	33	19	not	not	PART
taxlaw-2855	33	20	just	just	ADV
taxlaw-2855	33	21	at	at	ADP
taxlaw-2855	33	22	the	the	DET
taxlaw-2855	33	23	statute	statute	NOUN
taxlaw-2855	33	24	and	and	CCONJ
taxlaw-2855	33	25	its	its	PRON
taxlaw-2855	33	26	legislative	legislative	ADJ
taxlaw-2855	33	27	history	history	NOUN
taxlaw-2855	33	28	(	(	PUNCT
taxlaw-2855	33	29	and	and	CCONJ
taxlaw-2855	33	30	,	,	PUNCT
taxlaw-2855	33	31	according	accord	VERB
taxlaw-2855	33	32	to	to	ADP
taxlaw-2855	33	33	the	the	DET
taxlaw-2855	33	34	supreme	supreme	PROPN
taxlaw-2855	33	35	court	court	PROPN
taxlaw-2855	33	36	in	in	ADP
taxlaw-2855	33	37	brown	brown	PROPN
taxlaw-2855	33	38	&	&	CCONJ
taxlaw-2855	33	39	williamson	williamson	PROPN
taxlaw-2855	33	40	,	,	PUNCT
taxlaw-2855	33	41	any	any	DET
taxlaw-2855	33	42	number	number	NOUN
taxlaw-2855	33	43	of	of	ADP
taxlaw-2855	33	44	other	other	ADJ
taxlaw-2855	33	45	sources	source	NOUN
taxlaw-2855	33	46	)	)	PUNCT
taxlaw-2855	33	47	,	,	PUNCT
taxlaw-2855	33	48	but	but	CCONJ
taxlaw-2855	33	49	also	also	ADV
taxlaw-2855	33	50	at	at	ADP
taxlaw-2855	33	51	the	the	DET
taxlaw-2855	33	52	regulations	regulation	NOUN
taxlaw-2855	33	53	themselves	themselves	PRON
taxlaw-2855	33	54	.	.	PUNCT
taxlaw-2855	34	1	the	the	DET
taxlaw-2855	34	2	reflexive	reflexive	ADJ
taxlaw-2855	34	3	conclusion	conclusion	NOUN
taxlaw-2855	34	4	that	that	SCONJ
taxlaw-2855	34	5	anything	anything	PRON
taxlaw-2855	34	6	the	the	DET
taxlaw-2855	34	7	irs	irs	PROPN
taxlaw-2855	34	8	does	do	AUX
taxlaw-2855	34	9	under	under	ADP
taxlaw-2855	34	10	section	section	NOUN
taxlaw-2855	34	11	385	385	NUM
taxlaw-2855	34	12	is	be	AUX
taxlaw-2855	34	13	blessed	bless	VERB
taxlaw-2855	34	14	is	be	AUX
taxlaw-2855	34	15	too	too	ADV
taxlaw-2855	34	16	dismissive	dismissive	ADJ
taxlaw-2855	34	17	of	of	ADP
taxlaw-2855	34	18	too	too	ADV
taxlaw-2855	34	19	important	important	ADJ
taxlaw-2855	34	20	a	a	DET
taxlaw-2855	34	21	question	question	NOUN
taxlaw-2855	34	22	.	.	PUNCT
taxlaw-2855	35	1	yes	yes	INTJ
taxlaw-2855	35	2	,	,	PUNCT
taxlaw-2855	35	3	the	the	DET
taxlaw-2855	35	4	authority	authority	NOUN
taxlaw-2855	35	5	granted	grant	VERB
taxlaw-2855	35	6	under	under	ADP
taxlaw-2855	35	7	section	section	NOUN
taxlaw-2855	35	8	385	385	NUM
taxlaw-2855	35	9	is	be	AUX
taxlaw-2855	35	10	broad	broad	ADJ
taxlaw-2855	35	11	,	,	PUNCT
taxlaw-2855	35	12	but	but	CCONJ
taxlaw-2855	35	13	it	it	PRON
taxlaw-2855	35	14	is	be	AUX
taxlaw-2855	35	15	certainly	certainly	ADV
taxlaw-2855	35	16	not	not	PART
taxlaw-2855	35	17	limitless	limitless	ADJ
taxlaw-2855	35	18	.	.	PUNCT
taxlaw-2855	36	1	in	in	ADP
taxlaw-2855	36	2	october	october	PROPN
taxlaw-2855	36	3	2016	2016	NUM
taxlaw-2855	36	4	,	,	PUNCT
taxlaw-2855	36	5	the	the	DET
taxlaw-2855	36	6	irs	irs	PROPN
taxlaw-2855	36	7	issued	issue	VERB
taxlaw-2855	36	8	final	final	ADJ
taxlaw-2855	36	9	regulations	regulation	NOUN
taxlaw-2855	36	10	(	(	PUNCT
taxlaw-2855	36	11	the	the	DET
taxlaw-2855	36	12	“	"	PUNCT
taxlaw-2855	36	13	final	final	ADJ
taxlaw-2855	36	14	and	and	CCONJ
taxlaw-2855	36	15	temporary	temporary	ADJ
taxlaw-2855	36	16	385	385	NUM
taxlaw-2855	36	17	regulations	regulation	NOUN
taxlaw-2855	36	18	”	"	PUNCT
taxlaw-2855	36	19	,	,	PUNCT
taxlaw-2855	36	20	and	and	CCONJ
taxlaw-2855	36	21	together	together	ADV
taxlaw-2855	36	22	with	with	ADP
taxlaw-2855	36	23	the	the	DET
taxlaw-2855	36	24	regulations	regulation	NOUN
taxlaw-2855	36	25	proposed	propose	VERB
taxlaw-2855	36	26	on	on	ADP
taxlaw-2855	36	27	april	april	PROPN
taxlaw-2855	36	28	4	4	NUM
taxlaw-2855	36	29	,	,	PUNCT
taxlaw-2855	36	30	2016	2016	NUM
taxlaw-2855	36	31	,	,	PUNCT
taxlaw-2855	36	32	the	the	DET
taxlaw-2855	36	33	“	"	PUNCT
taxlaw-2855	36	34	regulatory	regulatory	ADJ
taxlaw-2855	36	35	package”),9	package”),9	NOUN
taxlaw-2855	36	36	trimming	trim	VERB
taxlaw-2855	36	37	some	some	PRON
taxlaw-2855	36	38	,	,	PUNCT
taxlaw-2855	36	39	but	but	CCONJ
taxlaw-2855	36	40	not	not	PART
taxlaw-2855	36	41	all	all	PRON
taxlaw-2855	36	42	,	,	PUNCT
taxlaw-2855	36	43	of	of	ADP
taxlaw-2855	36	44	the	the	DET
taxlaw-2855	36	45	excesses	excess	NOUN
taxlaw-2855	36	46	of	of	ADP
taxlaw-2855	36	47	the	the	DET
taxlaw-2855	36	48	proposed	proposed	ADJ
taxlaw-2855	36	49	385	385	NUM
taxlaw-2855	36	50	regulations	regulation	NOUN
taxlaw-2855	36	51	.	.	PUNCT
taxlaw-2855	37	1	however	however	ADV
taxlaw-2855	37	2	,	,	PUNCT
taxlaw-2855	37	3	the	the	DET
taxlaw-2855	37	4	irs	irs	PROPN
taxlaw-2855	37	5	did	do	AUX
taxlaw-2855	37	6	not	not	PART
taxlaw-2855	37	7	back	back	VERB
taxlaw-2855	37	8	down	down	ADP
taxlaw-2855	37	9	from	from	ADP
taxlaw-2855	37	10	its	its	PRON
taxlaw-2855	37	11	assertion	assertion	NOUN
taxlaw-2855	37	12	of	of	ADP
taxlaw-2855	37	13	regulatory	regulatory	ADJ
taxlaw-2855	37	14	authority.10	authority.10	NOUN
taxlaw-2855	37	15	in	in	ADP
taxlaw-2855	37	16	this	this	DET
taxlaw-2855	37	17	article	article	NOUN
taxlaw-2855	37	18	,	,	PUNCT
taxlaw-2855	37	19	we	we	PRON
taxlaw-2855	37	20	consider	consider	VERB
taxlaw-2855	37	21	whether	whether	SCONJ
taxlaw-2855	37	22	certain	certain	ADJ
taxlaw-2855	37	23	provisions	provision	NOUN
taxlaw-2855	37	24	of	of	ADP
taxlaw-2855	37	25	the	the	DET
taxlaw-2855	37	26	regulatory	regulatory	ADJ
taxlaw-2855	37	27	package	package	NOUN
taxlaw-2855	37	28	(	(	PUNCT
taxlaw-2855	37	29	including	include	VERB
taxlaw-2855	37	30	regulations	regulation	NOUN
taxlaw-2855	37	31	proposed	propose	VERB
taxlaw-2855	37	32	and	and	CCONJ
taxlaw-2855	37	33	issued	issue	VERB
taxlaw-2855	37	34	under	under	ADP
taxlaw-2855	37	35	section	section	NOUN
taxlaw-2855	37	36	385	385	NUM
taxlaw-2855	37	37	,	,	PUNCT
taxlaw-2855	37	38	section	section	NOUN
taxlaw-2855	37	39	956	956	NUM
taxlaw-2855	37	40	,	,	PUNCT
taxlaw-2855	37	41	section	section	NOUN
taxlaw-2855	37	42	7701(l	7701(l	NUM
taxlaw-2855	37	43	)	)	PUNCT
taxlaw-2855	37	44	and	and	CCONJ
taxlaw-2855	37	45	section	section	NOUN
taxlaw-2855	37	46	7874	7874	NUM
taxlaw-2855	37	47	)	)	PUNCT
taxlaw-2855	37	48	are	be	AUX
taxlaw-2855	37	49	outside	outside	ADP
taxlaw-2855	37	50	the	the	DET
taxlaw-2855	37	51	scope	scope	NOUN
taxlaw-2855	37	52	of	of	ADP
taxlaw-2855	37	53	the	the	DET
taxlaw-2855	37	54	irs	irs	PROPN
taxlaw-2855	37	55	’s	’s	PART
taxlaw-2855	37	56	authority	authority	NOUN
taxlaw-2855	37	57	.	.	PUNCT
taxlaw-2855	38	1	we	we	PRON
taxlaw-2855	38	2	approach	approach	VERB
taxlaw-2855	38	3	these	these	DET
taxlaw-2855	38	4	questions	question	NOUN
taxlaw-2855	38	5	first	first	ADV
taxlaw-2855	38	6	by	by	ADP
taxlaw-2855	38	7	formulating	formulate	VERB
taxlaw-2855	38	8	our	our	PRON
taxlaw-2855	38	9	own	own	ADJ
taxlaw-2855	38	10	set	set	NOUN
taxlaw-2855	38	11	of	of	ADP
taxlaw-2855	38	12	“	"	PUNCT
taxlaw-2855	38	13	underlying	underlying	ADJ
taxlaw-2855	38	14	principles	principle	NOUN
taxlaw-2855	38	15	”	"	PUNCT
taxlaw-2855	38	16	that	that	PRON
taxlaw-2855	38	17	we	we	PRON
taxlaw-2855	38	18	believe	believe	VERB
taxlaw-2855	38	19	are	be	AUX
taxlaw-2855	38	20	necessary	necessary	ADJ
taxlaw-2855	38	21	guideposts	guidepost	NOUN
taxlaw-2855	38	22	to	to	ADP
taxlaw-2855	38	23	any	any	DET
taxlaw-2855	38	24	question	question	NOUN
taxlaw-2855	38	25	of	of	ADP
taxlaw-2855	38	26	regulatory	regulatory	ADJ
taxlaw-2855	38	27	authority	authority	NOUN
taxlaw-2855	38	28	.	.	PUNCT
taxlaw-2855	39	1	we	we	PRON
taxlaw-2855	39	2	believe	believe	VERB
taxlaw-2855	39	3	using	use	VERB
taxlaw-2855	39	4	our	our	PRON
taxlaw-2855	39	5	own	own	ADJ
taxlaw-2855	39	6	“	"	PUNCT
taxlaw-2855	39	7	underlying	underlying	ADJ
taxlaw-2855	39	8	principles	principle	NOUN
taxlaw-2855	39	9	”	"	PUNCT
taxlaw-2855	39	10	as	as	SCONJ
taxlaw-2855	39	11	the	the	DET
taxlaw-2855	39	12	lens	lens	NOUN
taxlaw-2855	39	13	through	through	ADP
taxlaw-2855	39	14	which	which	PRON
taxlaw-2855	39	15	to	to	PART
taxlaw-2855	39	16	focus	focus	VERB
taxlaw-2855	39	17	the	the	DET
taxlaw-2855	39	18	question	question	NOUN
taxlaw-2855	39	19	allows	allow	VERB
taxlaw-2855	39	20	us	we	PRON
taxlaw-2855	39	21	to	to	PART
taxlaw-2855	39	22	develop	develop	VERB
taxlaw-2855	39	23	tax	tax	NOUN
taxlaw-2855	39	24	-	-	PUNCT
taxlaw-2855	39	25	specific	specific	ADJ
taxlaw-2855	39	26	examples	example	NOUN
taxlaw-2855	39	27	to	to	PART
taxlaw-2855	39	28	illustrate	illustrate	VERB
taxlaw-2855	39	29	the	the	DET
taxlaw-2855	39	30	limits	limit	NOUN
taxlaw-2855	39	31	of	of	ADP
taxlaw-2855	39	32	regulatory	regulatory	ADJ
taxlaw-2855	39	33	authority	authority	NOUN
taxlaw-2855	39	34	rather	rather	ADV
taxlaw-2855	39	35	than	than	ADP
taxlaw-2855	39	36	rely	rely	VERB
taxlaw-2855	39	37	on	on	ADP
taxlaw-2855	39	38	the	the	DET
taxlaw-2855	39	39	facts	fact	NOUN
taxlaw-2855	39	40	of	of	ADP
taxlaw-2855	39	41	non	non	ADJ
taxlaw-2855	39	42	-	-	ADJ
taxlaw-2855	39	43	tax	tax	ADJ
taxlaw-2855	39	44	cases	case	NOUN
taxlaw-2855	39	45	in	in	ADP
taxlaw-2855	39	46	which	which	PRON
taxlaw-2855	39	47	similar	similar	ADJ
taxlaw-2855	39	48	questions	question	NOUN
taxlaw-2855	39	49	of	of	ADP
taxlaw-2855	39	50	regulatory	regulatory	ADJ
taxlaw-2855	39	51	authority	authority	NOUN
taxlaw-2855	39	52	were	be	AUX
taxlaw-2855	39	53	considered	consider	VERB
taxlaw-2855	39	54	.	.	PUNCT
taxlaw-2855	40	1	not	not	PART
taxlaw-2855	40	2	surprisingly	surprisingly	ADV
taxlaw-2855	40	3	,	,	PUNCT
taxlaw-2855	40	4	the	the	DET
taxlaw-2855	40	5	principles	principle	NOUN
taxlaw-2855	40	6	we	we	PRON
taxlaw-2855	40	7	outline	outline	VERB
taxlaw-2855	40	8	below	below	ADV
taxlaw-2855	40	9	are	be	AUX
taxlaw-2855	40	10	echoed	echo	VERB
taxlaw-2855	40	11	in	in	ADP
taxlaw-2855	40	12	the	the	DET
taxlaw-2855	40	13	case	case	NOUN
taxlaw-2855	40	14	law	law	NOUN
taxlaw-2855	40	15	involving	involve	VERB
taxlaw-2855	40	16	questions	question	NOUN
taxlaw-2855	40	17	of	of	ADP
taxlaw-2855	40	18	statutory	statutory	ADJ
taxlaw-2855	40	19	interpretation	interpretation	NOUN
taxlaw-2855	40	20	and	and	CCONJ
taxlaw-2855	40	21	the	the	DET
taxlaw-2855	40	22	administrative	administrative	ADJ
taxlaw-2855	40	23	procedure	procedure	NOUN
taxlaw-2855	40	24	act	act	NOUN
taxlaw-2855	40	25	(	(	PUNCT
taxlaw-2855	40	26	the	the	DET
taxlaw-2855	40	27	“	"	PUNCT
taxlaw-2855	40	28	apa	apa	PROPN
taxlaw-2855	40	29	”	"	PUNCT
taxlaw-2855	40	30	)	)	PUNCT
taxlaw-2855	40	31	.	.	PUNCT
taxlaw-2855	41	1	even	even	ADV
taxlaw-2855	41	2	with	with	ADP
taxlaw-2855	41	3	the	the	DET
taxlaw-2855	41	4	changes	change	NOUN
taxlaw-2855	41	5	to	to	ADP
taxlaw-2855	41	6	the	the	DET
taxlaw-2855	41	7	regulatory	regulatory	ADJ
taxlaw-2855	41	8	package	package	NOUN
taxlaw-2855	41	9	,	,	PUNCT
taxlaw-2855	41	10	as	as	ADV
taxlaw-2855	41	11	well	well	ADV
taxlaw-2855	41	12	as	as	ADP
taxlaw-2855	41	13	potential	potential	ADJ
taxlaw-2855	41	14	tax	tax	NOUN
taxlaw-2855	41	15	reform	reform	NOUN
taxlaw-2855	41	16	which	which	PRON
taxlaw-2855	41	17	may	may	AUX
taxlaw-2855	41	18	further	far	ADV
taxlaw-2855	41	19	limit	limit	VERB
taxlaw-2855	41	20	the	the	DET
taxlaw-2855	41	21	impact	impact	NOUN
taxlaw-2855	41	22	of	of	ADP
taxlaw-2855	41	23	any	any	DET
taxlaw-2855	41	24	section	section	NOUN
taxlaw-2855	41	25	385	385	NUM
taxlaw-2855	41	26	regulations,11	regulations,11	NOUN
taxlaw-2855	41	27	attempting	attempt	VERB
taxlaw-2855	41	28	to	to	PART
taxlaw-2855	41	29	define	define	VERB
taxlaw-2855	41	30	the	the	DET
taxlaw-2855	41	31	limits	limit	NOUN
taxlaw-2855	41	32	of	of	ADP
taxlaw-2855	41	33	regulatory	regulatory	ADJ
taxlaw-2855	41	34	authority	authority	NOUN
taxlaw-2855	41	35	is	be	AUX
taxlaw-2855	41	36	as	as	ADV
taxlaw-2855	41	37	important	important	ADJ
taxlaw-2855	41	38	a	a	DET
taxlaw-2855	41	39	task	task	NOUN
taxlaw-2855	41	40	as	as	ADV
taxlaw-2855	41	41	ever	ever	ADV
taxlaw-2855	41	42	.	.	PUNCT
taxlaw-2855	42	1	the	the	DET
taxlaw-2855	42	2	expansion	expansion	NOUN
taxlaw-2855	42	3	of	of	ADP
taxlaw-2855	42	4	executive	executive	ADJ
taxlaw-2855	42	5	power	power	NOUN
taxlaw-2855	42	6	,	,	PUNCT
taxlaw-2855	42	7	the	the	DET
taxlaw-2855	42	8	seeming	seeming	ADJ
taxlaw-2855	42	9	impossibility	impossibility	NOUN
taxlaw-2855	42	10	of	of	ADP
taxlaw-2855	42	11	bipartisan	bipartisan	ADJ
taxlaw-2855	42	12	legislation	legislation	NOUN
taxlaw-2855	42	13	,	,	PUNCT
taxlaw-2855	42	14	and	and	CCONJ
taxlaw-2855	42	15	the	the	DET
taxlaw-2855	42	16	potential	potential	NOUN
taxlaw-2855	42	17	of	of	ADP
taxlaw-2855	42	18	7	7	NUM
taxlaw-2855	42	19	cf	cf	NOUN
taxlaw-2855	42	20	.	.	PUNCT
taxlaw-2855	43	1	jasper	jasper	PROPN
taxlaw-2855	43	2	l.	l.	PROPN
taxlaw-2855	43	3	cummings	cummings	PROPN
taxlaw-2855	43	4	,	,	PUNCT
taxlaw-2855	43	5	jr	jr	PROPN
taxlaw-2855	43	6	.	.	PROPN
taxlaw-2855	43	7	,	,	PUNCT
taxlaw-2855	43	8	rite	rite	VERB
taxlaw-2855	43	9	aiding	aid	VERB
taxlaw-2855	43	10	the	the	DET
taxlaw-2855	43	11	debt	debt	NOUN
taxlaw-2855	43	12	-	-	PUNCT
taxlaw-2855	43	13	equity	equity	NOUN
taxlaw-2855	43	14	regulations	regulation	NOUN
taxlaw-2855	43	15	,	,	PUNCT
taxlaw-2855	43	16	152	152	NUM
taxlaw-2855	43	17	tax	tax	NOUN
taxlaw-2855	43	18	notes	note	NOUN
taxlaw-2855	43	19	377	377	NUM
taxlaw-2855	43	20	(	(	PUNCT
taxlaw-2855	43	21	2016	2016	NUM
taxlaw-2855	43	22	)	)	PUNCT
taxlaw-2855	43	23	(	(	PUNCT
taxlaw-2855	43	24	outlining	outline	VERB
taxlaw-2855	43	25	arguments	argument	NOUN
taxlaw-2855	43	26	that	that	PRON
taxlaw-2855	43	27	might	might	AUX
taxlaw-2855	43	28	be	be	AUX
taxlaw-2855	43	29	made	make	VERB
taxlaw-2855	43	30	in	in	ADP
taxlaw-2855	43	31	opposition	opposition	NOUN
taxlaw-2855	43	32	to	to	ADP
taxlaw-2855	43	33	the	the	DET
taxlaw-2855	43	34	validity	validity	NOUN
taxlaw-2855	43	35	of	of	ADP
taxlaw-2855	43	36	the	the	DET
taxlaw-2855	43	37	proposed	propose	VERB
taxlaw-2855	43	38	regulations	regulation	NOUN
taxlaw-2855	43	39	,	,	PUNCT
taxlaw-2855	43	40	including	include	VERB
taxlaw-2855	43	41	that	that	SCONJ
taxlaw-2855	43	42	“	"	PUNCT
taxlaw-2855	43	43	[	[	X
taxlaw-2855	43	44	d]ebt	d]ebt	NOUN
taxlaw-2855	43	45	in	in	ADP
taxlaw-2855	43	46	form	form	NOUN
taxlaw-2855	43	47	is	be	AUX
taxlaw-2855	43	48	not	not	PART
taxlaw-2855	43	49	an	an	DET
taxlaw-2855	43	50	interest	interest	NOUN
taxlaw-2855	43	51	in	in	ADP
taxlaw-2855	43	52	a	a	DET
taxlaw-2855	43	53	corporation	corporation	NOUN
taxlaw-2855	43	54	;	;	PUNCT
taxlaw-2855	43	55	therefore	therefore	ADV
taxlaw-2855	43	56	,	,	PUNCT
taxlaw-2855	43	57	on	on	ADP
taxlaw-2855	43	58	its	its	PRON
taxlaw-2855	43	59	face	face	NOUN
taxlaw-2855	43	60	,	,	PUNCT
taxlaw-2855	43	61	[	[	X
taxlaw-2855	43	62	section	section	NOUN
taxlaw-2855	43	63	385(a	385(a	NUM
taxlaw-2855	43	64	)	)	PUNCT
taxlaw-2855	43	65	]	]	PUNCT
taxlaw-2855	43	66	does	do	AUX
taxlaw-2855	43	67	not	not	PART
taxlaw-2855	43	68	authorize	authorize	VERB
taxlaw-2855	43	69	regulations	regulation	NOUN
taxlaw-2855	43	70	treating	treat	VERB
taxlaw-2855	43	71	corporate	corporate	ADJ
taxlaw-2855	43	72	debt	debt	NOUN
taxlaw-2855	43	73	as	as	ADP
taxlaw-2855	43	74	stock	stock	NOUN
taxlaw-2855	43	75	”	"	PUNCT
taxlaw-2855	43	76	and	and	CCONJ
taxlaw-2855	43	77	that	that	SCONJ
taxlaw-2855	43	78	because	because	SCONJ
taxlaw-2855	43	79	the	the	DET
taxlaw-2855	43	80	statute	statute	NOUN
taxlaw-2855	43	81	states	state	VERB
taxlaw-2855	43	82	that	that	SCONJ
taxlaw-2855	43	83	“	"	PUNCT
taxlaw-2855	43	84	[	[	X
taxlaw-2855	43	85	t]he	t]he	X
taxlaw-2855	43	86	regulations	regulation	NOUN
taxlaw-2855	43	87	‘	'	PUNCT
taxlaw-2855	43	88	shall	shall	AUX
taxlaw-2855	43	89	set	set	VERB
taxlaw-2855	43	90	forth	forth	ADP
taxlaw-2855	43	91	factors	factor	NOUN
taxlaw-2855	43	92	’	'	PUNCT
taxlaw-2855	43	93	to	to	PART
taxlaw-2855	43	94	be	be	AUX
taxlaw-2855	43	95	‘	'	PUNCT
taxlaw-2855	43	96	taken	take	VERB
taxlaw-2855	43	97	into	into	ADP
taxlaw-2855	43	98	account	account	NOUN
taxlaw-2855	43	99	’	'	PUNCT
taxlaw-2855	43	100	in	in	ADP
taxlaw-2855	43	101	analyzing	analyze	VERB
taxlaw-2855	43	102	particular	particular	ADJ
taxlaw-2855	43	103	factual	factual	ADJ
taxlaw-2855	43	104	situations	situation	NOUN
taxlaw-2855	43	105	and	and	CCONJ
taxlaw-2855	43	106	categorizing	categorize	VERB
taxlaw-2855	43	107	the	the	DET
taxlaw-2855	43	108	relationship	relationship	NOUN
taxlaw-2855	43	109	between	between	ADP
taxlaw-2855	43	110	an	an	DET
taxlaw-2855	43	111	investor	investor	NOUN
taxlaw-2855	43	112	and	and	CCONJ
taxlaw-2855	43	113	the	the	DET
taxlaw-2855	43	114	corporation	corporation	NOUN
taxlaw-2855	43	115	[	[	X
taxlaw-2855	43	116	,	,	PUNCT
taxlaw-2855	43	117	]	]	PUNCT
taxlaw-2855	43	118	the	the	DET
taxlaw-2855	43	119	regulations	regulation	NOUN
taxlaw-2855	43	120	can	can	AUX
taxlaw-2855	43	121	not	not	PART
taxlaw-2855	43	122	state	state	VERB
taxlaw-2855	43	123	preclusive	preclusive	ADJ
taxlaw-2855	43	124	rules	rule	NOUN
taxlaw-2855	43	125	for	for	ADP
taxlaw-2855	43	126	broad	broad	ADJ
taxlaw-2855	43	127	categories	category	NOUN
taxlaw-2855	43	128	of	of	ADP
taxlaw-2855	43	129	factual	factual	ADJ
taxlaw-2855	43	130	situations	situation	NOUN
taxlaw-2855	43	131	based	base	VERB
taxlaw-2855	43	132	on	on	ADP
taxlaw-2855	43	133	an	an	DET
taxlaw-2855	43	134	extremely	extremely	ADV
taxlaw-2855	43	135	limited	limited	ADJ
taxlaw-2855	43	136	set	set	NOUN
taxlaw-2855	43	137	of	of	ADP
taxlaw-2855	43	138	factors	factor	NOUN
taxlaw-2855	43	139	(	(	PUNCT
taxlaw-2855	43	140	such	such	ADJ
taxlaw-2855	43	141	as	as	ADP
taxlaw-2855	43	142	an	an	DET
taxlaw-2855	43	143	arbitrarily	arbitrarily	ADV
taxlaw-2855	43	144	prescribed	prescribe	VERB
taxlaw-2855	43	145	type	type	NOUN
taxlaw-2855	43	146	of	of	ADP
taxlaw-2855	43	147	documentation	documentation	NOUN
taxlaw-2855	43	148	or	or	CCONJ
taxlaw-2855	43	149	a	a	DET
taxlaw-2855	43	150	time	time	NOUN
taxlaw-2855	43	151	sequence	sequence	NOUN
taxlaw-2855	43	152	”	"	PUNCT
taxlaw-2855	43	153	)	)	PUNCT
taxlaw-2855	43	154	.	.	PUNCT
taxlaw-2855	44	1	8	8	NUM
taxlaw-2855	44	2	stephen	stephen	PROPN
taxlaw-2855	44	3	shay	shay	PROPN
taxlaw-2855	44	4	,	,	PUNCT
taxlaw-2855	44	5	mr	mr	PROPN
taxlaw-2855	44	6	.	.	PROPN
taxlaw-2855	44	7	secretary	secretary	PROPN
taxlaw-2855	44	8	,	,	PUNCT
taxlaw-2855	44	9	take	take	VERB
taxlaw-2855	44	10	the	the	DET
taxlaw-2855	44	11	tax	tax	NOUN
taxlaw-2855	44	12	juice	juice	NOUN
taxlaw-2855	44	13	out	out	ADP
taxlaw-2855	44	14	of	of	ADP
taxlaw-2855	44	15	corporate	corporate	ADJ
taxlaw-2855	44	16	expatriations	expatriation	NOUN
taxlaw-2855	44	17	,	,	PUNCT
taxlaw-2855	44	18	144	144	NUM
taxlaw-2855	44	19	tax	tax	NOUN
taxlaw-2855	44	20	notes	note	NOUN
taxlaw-2855	44	21	473	473	NUM
taxlaw-2855	44	22	(	(	PUNCT
taxlaw-2855	44	23	2014	2014	NUM
taxlaw-2855	44	24	)	)	PUNCT
taxlaw-2855	44	25	at	at	ADP
taxlaw-2855	44	26	473	473	NUM
taxlaw-2855	44	27	.	.	NOUN
taxlaw-2855	44	28	9	9	NUM
taxlaw-2855	44	29	t.d	t.d	PROPN
taxlaw-2855	44	30	.	.	PROPN
taxlaw-2855	44	31	9790	9790	NUM
taxlaw-2855	44	32	,	,	PUNCT
taxlaw-2855	44	33	2016	2016	NUM
taxlaw-2855	44	34	-	-	SYM
taxlaw-2855	44	35	45	45	NUM
taxlaw-2855	44	36	i.r.b	i.r.b	NOUN
taxlaw-2855	44	37	.	.	PUNCT
taxlaw-2855	45	1	540	540	NUM
taxlaw-2855	45	2	,	,	PUNCT
taxlaw-2855	45	3	81	81	NUM
taxlaw-2855	45	4	fr	fr	NOUN
taxlaw-2855	45	5	72858	72858	NUM
taxlaw-2855	45	6	-	-	SYM
taxlaw-2855	45	7	72984	72984	NUM
taxlaw-2855	45	8	(	(	PUNCT
taxlaw-2855	45	9	oct	oct	PROPN
taxlaw-2855	45	10	.	.	PROPN
taxlaw-2855	45	11	21	21	NUM
taxlaw-2855	45	12	,	,	PUNCT
taxlaw-2855	45	13	2016	2016	NUM
taxlaw-2855	45	14	)	)	PUNCT
taxlaw-2855	45	15	.	.	PUNCT
taxlaw-2855	46	1	in	in	ADP
taxlaw-2855	46	2	january	january	PROPN
taxlaw-2855	46	3	2017	2017	NUM
taxlaw-2855	46	4	,	,	PUNCT
taxlaw-2855	46	5	president	president	NOUN
taxlaw-2855	46	6	trump	trump	NOUN
taxlaw-2855	46	7	issued	issue	VERB
taxlaw-2855	46	8	a	a	DET
taxlaw-2855	46	9	memorandum	memorandum	NOUN
taxlaw-2855	46	10	instituting	institute	VERB
taxlaw-2855	46	11	a	a	DET
taxlaw-2855	46	12	temporary	temporary	ADJ
taxlaw-2855	46	13	freeze	freeze	NOUN
taxlaw-2855	46	14	on	on	ADP
taxlaw-2855	46	15	most	most	ADJ
taxlaw-2855	46	16	federal	federal	ADJ
taxlaw-2855	46	17	regulatory	regulatory	ADJ
taxlaw-2855	46	18	activity	activity	NOUN
taxlaw-2855	46	19	.	.	PUNCT
taxlaw-2855	47	1	reince	reince	PROPN
taxlaw-2855	47	2	priebus	priebus	PROPN
taxlaw-2855	47	3	,	,	PUNCT
taxlaw-2855	47	4	memorandum	memorandum	NOUN
taxlaw-2855	47	5	for	for	ADP
taxlaw-2855	47	6	the	the	DET
taxlaw-2855	47	7	heads	head	NOUN
taxlaw-2855	47	8	of	of	ADP
taxlaw-2855	47	9	executive	executive	ADJ
taxlaw-2855	47	10	departments	department	NOUN
taxlaw-2855	47	11	and	and	CCONJ
taxlaw-2855	47	12	agencies	agency	NOUN
taxlaw-2855	47	13	—	—	PUNCT
taxlaw-2855	47	14	regulatory	regulatory	ADJ
taxlaw-2855	47	15	freeze	freeze	NOUN
taxlaw-2855	47	16	pending	pende	VERB
taxlaw-2855	47	17	review	review	NOUN
taxlaw-2855	47	18	,	,	PUNCT
taxlaw-2855	47	19	white	white	PROPN
taxlaw-2855	47	20	house	house	PROPN
taxlaw-2855	47	21	office	office	PROPN
taxlaw-2855	47	22	of	of	ADP
taxlaw-2855	47	23	the	the	DET
taxlaw-2855	47	24	press	press	NOUN
taxlaw-2855	47	25	sec’y	sec’y	NUM
taxlaw-2855	47	26	(	(	PUNCT
taxlaw-2855	47	27	jan	jan	PROPN
taxlaw-2855	47	28	.	.	PROPN
taxlaw-2855	47	29	20	20	NUM
taxlaw-2855	47	30	,	,	PUNCT
taxlaw-2855	47	31	2017	2017	NUM
taxlaw-2855	47	32	)	)	PUNCT
taxlaw-2855	47	33	,	,	PUNCT
taxlaw-2855	47	34	http://www.whitehouse.gov/the-pressoffice/2017/01/20/memorandum-heads-executive-departments-and-agencies	http://www.whitehouse.gov/the-pressoffice/2017/01/20/memorandum-heads-executive-departments-and-agencie	VERB
taxlaw-2855	47	35	[	[	X
taxlaw-2855	47	36	perma.cc/f9bx-tmlq	perma.cc/f9bx-tmlq	X
taxlaw-2855	47	37	]	]	PUNCT
taxlaw-2855	47	38	.	.	PUNCT
taxlaw-2855	48	1	it	it	PRON
taxlaw-2855	48	2	is	be	AUX
taxlaw-2855	48	3	unclear	unclear	ADJ
taxlaw-2855	48	4	what	what	PRON
taxlaw-2855	48	5	,	,	PUNCT
taxlaw-2855	48	6	if	if	SCONJ
taxlaw-2855	48	7	any	any	PRON
taxlaw-2855	48	8	,	,	PUNCT
taxlaw-2855	48	9	impact	impact	NOUN
taxlaw-2855	48	10	the	the	DET
taxlaw-2855	48	11	memorandum	memorandum	NOUN
taxlaw-2855	48	12	has	have	AUX
taxlaw-2855	48	13	had	have	VERB
taxlaw-2855	48	14	on	on	ADP
taxlaw-2855	48	15	the	the	DET
taxlaw-2855	48	16	section	section	NOUN
taxlaw-2855	48	17	385	385	NUM
taxlaw-2855	48	18	regulations	regulation	NOUN
taxlaw-2855	48	19	.	.	PUNCT
taxlaw-2855	49	1	10	10	NUM
taxlaw-2855	49	2	see	see	VERB
taxlaw-2855	49	3	generally	generally	ADV
taxlaw-2855	49	4	t.d	t.d	PROPN
taxlaw-2855	49	5	.	.	PROPN
taxlaw-2855	49	6	9790	9790	NUM
taxlaw-2855	49	7	,	,	PUNCT
taxlaw-2855	49	8	2016	2016	NUM
taxlaw-2855	49	9	-	-	SYM
taxlaw-2855	49	10	45	45	NUM
taxlaw-2855	49	11	i.r.b	i.r.b	NOUN
taxlaw-2855	49	12	.	.	PUNCT
taxlaw-2855	50	1	540	540	NUM
taxlaw-2855	50	2	,	,	PUNCT
taxlaw-2855	50	3	81	81	NUM
taxlaw-2855	50	4	fr	fr	NOUN
taxlaw-2855	50	5	72858	72858	NUM
taxlaw-2855	50	6	-	-	SYM
taxlaw-2855	50	7	72950	72950	NUM
taxlaw-2855	50	8	(	(	PUNCT
taxlaw-2855	50	9	oct	oct	PROPN
taxlaw-2855	50	10	.	.	PROPN
taxlaw-2855	50	11	21	21	NUM
taxlaw-2855	50	12	,	,	PUNCT
taxlaw-2855	50	13	2016	2016	NUM
taxlaw-2855	50	14	)	)	PUNCT
taxlaw-2855	50	15	.	.	PUNCT
taxlaw-2855	51	1	11	11	NUM
taxlaw-2855	51	2	if	if	SCONJ
taxlaw-2855	51	3	interest	interest	NOUN
taxlaw-2855	51	4	were	be	AUX
taxlaw-2855	51	5	no	no	ADV
taxlaw-2855	51	6	longer	long	ADV
taxlaw-2855	51	7	deductible	deductible	ADJ
taxlaw-2855	51	8	,	,	PUNCT
taxlaw-2855	51	9	the	the	DET
taxlaw-2855	51	10	distinction	distinction	NOUN
taxlaw-2855	51	11	between	between	ADP
taxlaw-2855	51	12	debt	debt	NOUN
taxlaw-2855	51	13	and	and	CCONJ
taxlaw-2855	51	14	equity	equity	NOUN
taxlaw-2855	51	15	would	would	AUX
taxlaw-2855	51	16	be	be	AUX
taxlaw-2855	51	17	considerably	considerably	ADV
taxlaw-2855	51	18	less	less	ADV
taxlaw-2855	51	19	important	important	ADJ
taxlaw-2855	51	20	from	from	ADP
taxlaw-2855	51	21	a	a	DET
taxlaw-2855	51	22	tax	tax	NOUN
taxlaw-2855	51	23	perspective	perspective	NOUN
taxlaw-2855	51	24	.	.	PUNCT
taxlaw-2855	52	1	330	330	NUM
taxlaw-2855	52	2	columbia	columbia	PROPN
taxlaw-2855	52	3	journal	journal	NOUN
taxlaw-2855	52	4	of	of	ADP
taxlaw-2855	52	5	tax	tax	NOUN
taxlaw-2855	52	6	law	law	NOUN
taxlaw-2855	52	7	[	[	X
taxlaw-2855	52	8	vol.8:326	vol.8:326	ADJ
taxlaw-2855	52	9	radical	radical	ADJ
taxlaw-2855	52	10	tax	tax	NOUN
taxlaw-2855	52	11	reform	reform	NOUN
taxlaw-2855	52	12	which	which	PRON
taxlaw-2855	52	13	would	would	AUX
taxlaw-2855	52	14	involve	involve	VERB
taxlaw-2855	52	15	,	,	PUNCT
taxlaw-2855	52	16	inevitably	inevitably	ADV
taxlaw-2855	52	17	,	,	PUNCT
taxlaw-2855	52	18	congress	congress	PROPN
taxlaw-2855	52	19	charging	charge	VERB
taxlaw-2855	52	20	the	the	DET
taxlaw-2855	52	21	treasury	treasury	PROPN
taxlaw-2855	52	22	department	department	PROPN
taxlaw-2855	52	23	and	and	CCONJ
taxlaw-2855	52	24	the	the	DET
taxlaw-2855	52	25	irs	irs	PROPN
taxlaw-2855	52	26	to	to	PART
taxlaw-2855	52	27	fill	fill	VERB
taxlaw-2855	52	28	in	in	ADP
taxlaw-2855	52	29	statutory	statutory	ADJ
taxlaw-2855	52	30	gaps	gap	NOUN
taxlaw-2855	52	31	mean	mean	VERB
taxlaw-2855	52	32	the	the	DET
taxlaw-2855	52	33	limits	limit	NOUN
taxlaw-2855	52	34	of	of	ADP
taxlaw-2855	52	35	administrative	administrative	ADJ
taxlaw-2855	52	36	authority	authority	NOUN
taxlaw-2855	52	37	will	will	AUX
taxlaw-2855	52	38	continue	continue	VERB
taxlaw-2855	52	39	to	to	PART
taxlaw-2855	52	40	be	be	AUX
taxlaw-2855	52	41	tested	test	VERB
taxlaw-2855	52	42	in	in	ADP
taxlaw-2855	52	43	the	the	DET
taxlaw-2855	52	44	near	near	ADJ
taxlaw-2855	52	45	future	future	NOUN
taxlaw-2855	52	46	.	.	PUNCT
taxlaw-2855	53	1	ii	ii	PROPN
taxlaw-2855	53	2	.	.	PUNCT
taxlaw-2855	54	1	the	the	DET
taxlaw-2855	54	2	limits	limit	NOUN
taxlaw-2855	54	3	of	of	ADP
taxlaw-2855	54	4	regulatory	regulatory	ADJ
taxlaw-2855	54	5	authority	authority	NOUN
taxlaw-2855	54	6	–	–	PUNCT
taxlaw-2855	54	7	underlying	underlie	VERB
taxlaw-2855	54	8	principles	principle	NOUN
taxlaw-2855	54	9	below	below	ADV
taxlaw-2855	54	10	we	we	PRON
taxlaw-2855	54	11	lay	lay	VERB
taxlaw-2855	54	12	out	out	ADP
taxlaw-2855	54	13	principles	principle	NOUN
taxlaw-2855	54	14	necessary	necessary	ADJ
taxlaw-2855	54	15	for	for	ADP
taxlaw-2855	54	16	discerning	discern	VERB
taxlaw-2855	54	17	the	the	DET
taxlaw-2855	54	18	limits	limit	NOUN
taxlaw-2855	54	19	of	of	ADP
taxlaw-2855	54	20	regulatory	regulatory	ADJ
taxlaw-2855	54	21	authority	authority	NOUN
taxlaw-2855	54	22	.	.	PUNCT
taxlaw-2855	55	1	these	these	DET
taxlaw-2855	55	2	principles	principle	NOUN
taxlaw-2855	55	3	are	be	AUX
taxlaw-2855	55	4	not	not	PART
taxlaw-2855	55	5	intended	intend	VERB
taxlaw-2855	55	6	to	to	PART
taxlaw-2855	55	7	be	be	AUX
taxlaw-2855	55	8	comprehensive	comprehensive	ADJ
taxlaw-2855	55	9	or	or	CCONJ
taxlaw-2855	55	10	even	even	ADV
taxlaw-2855	55	11	the	the	DET
taxlaw-2855	55	12	most	most	ADV
taxlaw-2855	55	13	fundamental	fundamental	ADJ
taxlaw-2855	55	14	principles	principle	NOUN
taxlaw-2855	55	15	of	of	ADP
taxlaw-2855	55	16	the	the	DET
taxlaw-2855	55	17	limits	limit	NOUN
taxlaw-2855	55	18	of	of	ADP
taxlaw-2855	55	19	regulatory	regulatory	ADJ
taxlaw-2855	55	20	authority	authority	NOUN
taxlaw-2855	55	21	(	(	PUNCT
taxlaw-2855	55	22	indeed	indeed	ADV
taxlaw-2855	55	23	,	,	PUNCT
taxlaw-2855	55	24	in	in	ADP
taxlaw-2855	55	25	proving	prove	VERB
taxlaw-2855	55	26	out	out	ADP
taxlaw-2855	55	27	our	our	PRON
taxlaw-2855	55	28	propositions	proposition	NOUN
taxlaw-2855	55	29	,	,	PUNCT
taxlaw-2855	55	30	we	we	PRON
taxlaw-2855	55	31	rely	rely	VERB
taxlaw-2855	55	32	on	on	ADP
taxlaw-2855	55	33	more	more	ADJ
taxlaw-2855	55	34	fundamental	fundamental	ADJ
taxlaw-2855	55	35	concepts	concept	NOUN
taxlaw-2855	55	36	of	of	ADP
taxlaw-2855	55	37	law	law	NOUN
taxlaw-2855	55	38	)	)	PUNCT
taxlaw-2855	55	39	.	.	PUNCT
taxlaw-2855	56	1	we	we	PRON
taxlaw-2855	56	2	chose	choose	VERB
taxlaw-2855	56	3	to	to	PART
taxlaw-2855	56	4	highlight	highlight	VERB
taxlaw-2855	56	5	the	the	DET
taxlaw-2855	56	6	below	below	ADV
taxlaw-2855	56	7	because	because	SCONJ
taxlaw-2855	56	8	each	each	PRON
taxlaw-2855	56	9	is	be	AUX
taxlaw-2855	56	10	integral	integral	ADJ
taxlaw-2855	56	11	in	in	ADP
taxlaw-2855	56	12	examining	examine	VERB
taxlaw-2855	56	13	whether	whether	SCONJ
taxlaw-2855	56	14	specific	specific	ADJ
taxlaw-2855	56	15	provisions	provision	NOUN
taxlaw-2855	56	16	of	of	ADP
taxlaw-2855	56	17	the	the	DET
taxlaw-2855	56	18	regulatory	regulatory	ADJ
taxlaw-2855	56	19	package	package	NOUN
taxlaw-2855	56	20	exceed	exceed	VERB
taxlaw-2855	56	21	irs	irs	PROPN
taxlaw-2855	56	22	authority	authority	NOUN
taxlaw-2855	56	23	.	.	PUNCT
taxlaw-2855	57	1	a.	a.	NOUN
taxlaw-2855	57	2	a	a	DET
taxlaw-2855	57	3	grant	grant	NOUN
taxlaw-2855	57	4	of	of	ADP
taxlaw-2855	57	5	regulatory	regulatory	ADJ
taxlaw-2855	57	6	authority	authority	NOUN
taxlaw-2855	57	7	needs	need	VERB
taxlaw-2855	57	8	to	to	PART
taxlaw-2855	57	9	be	be	AUX
taxlaw-2855	57	10	read	read	VERB
taxlaw-2855	57	11	precisely	precisely	ADV
taxlaw-2855	57	12	in	in	ADP
taxlaw-2855	57	13	order	order	NOUN
taxlaw-2855	57	14	to	to	PART
taxlaw-2855	57	15	determine	determine	VERB
taxlaw-2855	57	16	whether	whether	SCONJ
taxlaw-2855	57	17	an	an	DET
taxlaw-2855	57	18	interpretation	interpretation	NOUN
taxlaw-2855	57	19	of	of	ADP
taxlaw-2855	57	20	that	that	DET
taxlaw-2855	57	21	authority	authority	NOUN
taxlaw-2855	57	22	is	be	AUX
taxlaw-2855	57	23	unreasonable	unreasonable	ADJ
taxlaw-2855	57	24	.	.	PUNCT
taxlaw-2855	58	1	of	of	ADV
taxlaw-2855	58	2	course	course	ADV
taxlaw-2855	58	3	it	it	PRON
taxlaw-2855	58	4	does.12	does.12	VERB
taxlaw-2855	58	5	yes	yes	INTJ
taxlaw-2855	58	6	,	,	PUNCT
taxlaw-2855	58	7	everyone	everyone	PRON
taxlaw-2855	58	8	understands	understand	VERB
taxlaw-2855	58	9	that	that	SCONJ
taxlaw-2855	58	10	the	the	DET
taxlaw-2855	58	11	executive	executive	NOUN
taxlaw-2855	58	12	has	have	AUX
taxlaw-2855	58	13	been	be	AUX
taxlaw-2855	58	14	given	give	VERB
taxlaw-2855	58	15	wide	wide	ADJ
taxlaw-2855	58	16	latitude	latitude	NOUN
taxlaw-2855	58	17	to	to	PART
taxlaw-2855	58	18	craft	craft	VERB
taxlaw-2855	58	19	reasonable	reasonable	ADJ
taxlaw-2855	58	20	interpretations	interpretation	NOUN
taxlaw-2855	58	21	of	of	ADP
taxlaw-2855	58	22	the	the	DET
taxlaw-2855	58	23	questions	question	NOUN
taxlaw-2855	58	24	that	that	PRON
taxlaw-2855	58	25	have	have	AUX
taxlaw-2855	58	26	been	be	AUX
taxlaw-2855	58	27	granted	grant	VERB
taxlaw-2855	58	28	to	to	ADP
taxlaw-2855	58	29	it.13	it.13	PROPN
taxlaw-2855	58	30	that	that	PRON
taxlaw-2855	58	31	probably	probably	ADV
taxlaw-2855	58	32	also	also	ADV
taxlaw-2855	58	33	means	mean	VERB
taxlaw-2855	58	34	(	(	PUNCT
taxlaw-2855	58	35	although	although	SCONJ
taxlaw-2855	58	36	it	it	PRON
taxlaw-2855	58	37	is	be	AUX
taxlaw-2855	58	38	a	a	DET
taxlaw-2855	58	39	different	different	ADJ
taxlaw-2855	58	40	question	question	NOUN
taxlaw-2855	58	41	)	)	PUNCT
taxlaw-2855	58	42	that	that	SCONJ
taxlaw-2855	58	43	the	the	DET
taxlaw-2855	58	44	executive	executive	NOUN
taxlaw-2855	58	45	has	have	AUX
taxlaw-2855	58	46	been	be	AUX
taxlaw-2855	58	47	given	give	VERB
taxlaw-2855	58	48	wide	wide	ADJ
taxlaw-2855	58	49	latitude	latitude	NOUN
taxlaw-2855	58	50	to	to	PART
taxlaw-2855	58	51	craft	craft	VERB
taxlaw-2855	58	52	reasonable	reasonable	ADJ
taxlaw-2855	58	53	interpretations	interpretation	NOUN
taxlaw-2855	58	54	of	of	ADP
taxlaw-2855	58	55	the	the	DET
taxlaw-2855	58	56	scope	scope	NOUN
taxlaw-2855	58	57	of	of	ADP
taxlaw-2855	58	58	the	the	DET
taxlaw-2855	58	59	questions.14	questions.14	NOUN
taxlaw-2855	58	60	and	and	CCONJ
taxlaw-2855	58	61	,	,	PUNCT
taxlaw-2855	58	62	in	in	ADP
taxlaw-2855	58	63	many	many	ADJ
taxlaw-2855	58	64	cases	case	NOUN
taxlaw-2855	58	65	,	,	PUNCT
taxlaw-2855	58	66	there	there	PRON
taxlaw-2855	58	67	will	will	AUX
taxlaw-2855	58	68	be	be	AUX
taxlaw-2855	58	69	many	many	ADJ
taxlaw-2855	58	70	reasonable	reasonable	ADJ
taxlaw-2855	58	71	interpretations	interpretation	NOUN
taxlaw-2855	58	72	of	of	ADP
taxlaw-2855	58	73	the	the	DET
taxlaw-2855	58	74	scope	scope	NOUN
taxlaw-2855	58	75	of	of	ADP
taxlaw-2855	58	76	those	those	DET
taxlaw-2855	58	77	questions	question	NOUN
taxlaw-2855	58	78	.	.	PUNCT
taxlaw-2855	59	1	however	however	ADV
taxlaw-2855	59	2	,	,	PUNCT
taxlaw-2855	59	3	it	it	PRON
taxlaw-2855	59	4	does	do	AUX
taxlaw-2855	59	5	not	not	PART
taxlaw-2855	59	6	follow	follow	VERB
taxlaw-2855	59	7	that	that	SCONJ
taxlaw-2855	59	8	there	there	PRON
taxlaw-2855	59	9	are	be	VERB
taxlaw-2855	59	10	infinitely	infinitely	ADV
taxlaw-2855	59	11	many	many	ADJ
taxlaw-2855	59	12	;	;	PUNCT
taxlaw-2855	59	13	some	some	PRON
taxlaw-2855	59	14	will	will	AUX
taxlaw-2855	59	15	be	be	AUX
taxlaw-2855	59	16	unreasonable	unreasonable	ADJ
taxlaw-2855	59	17	.	.	PUNCT
taxlaw-2855	60	1	and	and	CCONJ
taxlaw-2855	60	2	we	we	PRON
taxlaw-2855	60	3	can	can	AUX
taxlaw-2855	60	4	only	only	ADV
taxlaw-2855	60	5	discover	discover	VERB
taxlaw-2855	60	6	the	the	DET
taxlaw-2855	60	7	answer	answer	NOUN
taxlaw-2855	60	8	to	to	ADP
taxlaw-2855	60	9	that	that	DET
taxlaw-2855	60	10	question	question	NOUN
taxlaw-2855	60	11	by	by	ADP
taxlaw-2855	60	12	really	really	ADV
taxlaw-2855	60	13	digging	dig	VERB
taxlaw-2855	60	14	into	into	ADP
taxlaw-2855	60	15	the	the	DET
taxlaw-2855	60	16	initial	initial	ADJ
taxlaw-2855	60	17	grant	grant	NOUN
taxlaw-2855	60	18	of	of	ADP
taxlaw-2855	60	19	authority	authority	NOUN
taxlaw-2855	60	20	by	by	ADP
taxlaw-2855	60	21	the	the	DET
taxlaw-2855	60	22	legislature	legislature	NOUN
taxlaw-2855	60	23	.	.	PUNCT
taxlaw-2855	61	1	let	let	VERB
taxlaw-2855	61	2	’s	’s	PRON
taxlaw-2855	61	3	illustrate	illustrate	VERB
taxlaw-2855	61	4	by	by	ADP
taxlaw-2855	61	5	a	a	DET
taxlaw-2855	61	6	real	real	ADJ
taxlaw-2855	61	7	example	example	NOUN
taxlaw-2855	61	8	(	(	PUNCT
taxlaw-2855	61	9	which	which	PRON
taxlaw-2855	61	10	will	will	AUX
taxlaw-2855	61	11	be	be	AUX
taxlaw-2855	61	12	discussed	discuss	VERB
taxlaw-2855	61	13	later)—section	later)—section	NOUN
taxlaw-2855	61	14	956(e	956(e	PROPN
taxlaw-2855	61	15	)	)	PUNCT
taxlaw-2855	61	16	.	.	PUNCT
taxlaw-2855	62	1	section	section	NOUN
taxlaw-2855	62	2	956(e	956(e	PROPN
taxlaw-2855	62	3	)	)	PUNCT
taxlaw-2855	62	4	authorizes	authorize	VERB
taxlaw-2855	62	5	“	"	PUNCT
taxlaw-2855	62	6	such	such	ADJ
taxlaw-2855	62	7	regulations	regulation	NOUN
taxlaw-2855	62	8	as	as	SCONJ
taxlaw-2855	62	9	may	may	AUX
taxlaw-2855	62	10	be	be	AUX
taxlaw-2855	62	11	necessary	necessary	ADJ
taxlaw-2855	62	12	to	to	PART
taxlaw-2855	62	13	carry	carry	VERB
taxlaw-2855	62	14	out	out	ADP
taxlaw-2855	62	15	the	the	DET
taxlaw-2855	62	16	purposes	purpose	NOUN
taxlaw-2855	62	17	of	of	ADP
taxlaw-2855	62	18	this	this	DET
taxlaw-2855	62	19	section	section	NOUN
taxlaw-2855	62	20	,	,	PUNCT
taxlaw-2855	62	21	including	include	VERB
taxlaw-2855	62	22	regulations	regulation	NOUN
taxlaw-2855	62	23	to	to	PART
taxlaw-2855	62	24	prevent	prevent	VERB
taxlaw-2855	62	25	the	the	DET
taxlaw-2855	62	26	avoidance	avoidance	NOUN
taxlaw-2855	62	27	of	of	ADP
taxlaw-2855	62	28	the	the	DET
taxlaw-2855	62	29	provisions	provision	NOUN
taxlaw-2855	62	30	of	of	ADP
taxlaw-2855	62	31	this	this	DET
taxlaw-2855	62	32	section	section	NOUN
taxlaw-2855	62	33	through	through	ADP
taxlaw-2855	62	34	reorganizations	reorganization	NOUN
taxlaw-2855	62	35	or	or	CCONJ
taxlaw-2855	62	36	otherwise	otherwise	ADV
taxlaw-2855	62	37	.	.	PUNCT
taxlaw-2855	62	38	”	"	PUNCT
taxlaw-2855	63	1	that	that	PRON
taxlaw-2855	63	2	sounds	sound	VERB
taxlaw-2855	63	3	very	very	ADV
taxlaw-2855	63	4	broad	broad	ADJ
taxlaw-2855	63	5	,	,	PUNCT
taxlaw-2855	63	6	and	and	CCONJ
taxlaw-2855	63	7	it	it	PRON
taxlaw-2855	63	8	is	be	AUX
taxlaw-2855	63	9	,	,	PUNCT
taxlaw-2855	63	10	but	but	CCONJ
taxlaw-2855	63	11	not	not	PART
taxlaw-2855	63	12	infinitely	infinitely	ADV
taxlaw-2855	63	13	so	so	ADV
taxlaw-2855	63	14	.	.	PUNCT
taxlaw-2855	64	1	there	there	PRON
taxlaw-2855	64	2	are	be	VERB
taxlaw-2855	64	3	many	many	ADJ
taxlaw-2855	64	4	textual	textual	ADJ
taxlaw-2855	64	5	uncertainties	uncertainty	NOUN
taxlaw-2855	64	6	,	,	PUNCT
taxlaw-2855	64	7	and	and	CCONJ
taxlaw-2855	64	8	one	one	NUM
taxlaw-2855	64	9	’s	’s	PART
taxlaw-2855	64	10	view	view	NOUN
taxlaw-2855	64	11	on	on	ADP
taxlaw-2855	64	12	the	the	DET
taxlaw-2855	64	13	scope	scope	NOUN
taxlaw-2855	64	14	of	of	ADP
taxlaw-2855	64	15	authority	authority	NOUN
taxlaw-2855	64	16	granted	grant	VERB
taxlaw-2855	64	17	by	by	ADP
taxlaw-2855	64	18	section	section	NOUN
taxlaw-2855	64	19	956(e	956(e	PROPN
taxlaw-2855	64	20	)	)	PUNCT
taxlaw-2855	64	21	will	will	AUX
taxlaw-2855	64	22	depend	depend	VERB
taxlaw-2855	64	23	on	on	ADP
taxlaw-2855	64	24	how	how	SCONJ
taxlaw-2855	64	25	one	one	PRON
taxlaw-2855	64	26	interprets	interpret	VERB
taxlaw-2855	64	27	those	those	DET
taxlaw-2855	64	28	uncertainties	uncertainty	NOUN
taxlaw-2855	64	29	.	.	PUNCT
taxlaw-2855	65	1	12	12	NUM
taxlaw-2855	65	2	see	see	VERB
taxlaw-2855	65	3	united	united	PROPN
taxlaw-2855	65	4	states	states	PROPN
taxlaw-2855	65	5	v.	v.	PROPN
taxlaw-2855	65	6	mead	mead	PROPN
taxlaw-2855	65	7	corp	corp	PROPN
taxlaw-2855	65	8	.	.	PROPN
taxlaw-2855	65	9	,	,	PUNCT
taxlaw-2855	65	10	533	533	NUM
taxlaw-2855	65	11	u.s	u.s	PROPN
taxlaw-2855	65	12	.	.	PROPN
taxlaw-2855	65	13	218	218	NUM
taxlaw-2855	65	14	,	,	PUNCT
taxlaw-2855	65	15	234–35	234–35	NUM
taxlaw-2855	65	16	(	(	PUNCT
taxlaw-2855	65	17	2001	2001	NUM
taxlaw-2855	65	18	)	)	PUNCT
taxlaw-2855	65	19	(	(	PUNCT
taxlaw-2855	65	20	“	"	PUNCT
taxlaw-2855	65	21	this	this	DET
taxlaw-2855	65	22	court	court	NOUN
taxlaw-2855	65	23	in	in	ADP
taxlaw-2855	65	24	chevron	chevron	PROPN
taxlaw-2855	65	25	recognized	recognize	VERB
taxlaw-2855	65	26	that	that	SCONJ
taxlaw-2855	65	27	congress	congress	PROPN
taxlaw-2855	65	28	not	not	PART
taxlaw-2855	65	29	only	only	ADV
taxlaw-2855	65	30	engages	engage	VERB
taxlaw-2855	65	31	in	in	ADP
taxlaw-2855	65	32	express	express	ADJ
taxlaw-2855	65	33	delegation	delegation	NOUN
taxlaw-2855	65	34	of	of	ADP
taxlaw-2855	65	35	specific	specific	ADJ
taxlaw-2855	65	36	interpretive	interpretive	ADJ
taxlaw-2855	65	37	authority	authority	NOUN
taxlaw-2855	65	38	,	,	PUNCT
taxlaw-2855	65	39	but	but	CCONJ
taxlaw-2855	65	40	that	that	SCONJ
taxlaw-2855	65	41	‘	'	PUNCT
taxlaw-2855	65	42	[	[	X
taxlaw-2855	65	43	s]ometimes	s]ometime	VERB
taxlaw-2855	65	44	the	the	DET
taxlaw-2855	65	45	legislative	legislative	ADJ
taxlaw-2855	65	46	delegation	delegation	NOUN
taxlaw-2855	65	47	to	to	ADP
taxlaw-2855	65	48	an	an	DET
taxlaw-2855	65	49	agency	agency	NOUN
taxlaw-2855	65	50	on	on	ADP
taxlaw-2855	65	51	a	a	DET
taxlaw-2855	65	52	particular	particular	ADJ
taxlaw-2855	65	53	question	question	NOUN
taxlaw-2855	65	54	is	be	AUX
taxlaw-2855	65	55	implicit	implicit	ADJ
taxlaw-2855	65	56	.	.	PUNCT
taxlaw-2855	65	57	’	'	PUNCT
taxlaw-2855	66	1	congress	congress	PROPN
taxlaw-2855	66	2	,	,	PUNCT
taxlaw-2855	66	3	that	that	ADV
taxlaw-2855	66	4	is	is	ADV
taxlaw-2855	66	5	,	,	PUNCT
taxlaw-2855	66	6	may	may	AUX
taxlaw-2855	66	7	not	not	PART
taxlaw-2855	66	8	have	have	AUX
taxlaw-2855	66	9	expressly	expressly	ADV
taxlaw-2855	66	10	delegated	delegate	VERB
taxlaw-2855	66	11	authority	authority	NOUN
taxlaw-2855	66	12	or	or	CCONJ
taxlaw-2855	66	13	responsibility	responsibility	NOUN
taxlaw-2855	66	14	to	to	PART
taxlaw-2855	66	15	implement	implement	VERB
taxlaw-2855	66	16	a	a	DET
taxlaw-2855	66	17	particular	particular	ADJ
taxlaw-2855	66	18	provision	provision	NOUN
taxlaw-2855	66	19	or	or	CCONJ
taxlaw-2855	66	20	fill	fill	VERB
taxlaw-2855	66	21	a	a	DET
taxlaw-2855	66	22	particular	particular	ADJ
taxlaw-2855	66	23	gap	gap	NOUN
taxlaw-2855	66	24	.	.	PUNCT
taxlaw-2855	67	1	yet	yet	CCONJ
taxlaw-2855	67	2	it	it	PRON
taxlaw-2855	67	3	can	can	AUX
taxlaw-2855	67	4	still	still	ADV
taxlaw-2855	67	5	be	be	AUX
taxlaw-2855	67	6	apparent	apparent	ADJ
taxlaw-2855	67	7	from	from	ADP
taxlaw-2855	67	8	the	the	DET
taxlaw-2855	67	9	agency	agency	NOUN
taxlaw-2855	67	10	’s	’s	PART
taxlaw-2855	67	11	generally	generally	ADV
taxlaw-2855	67	12	conferred	confer	VERB
taxlaw-2855	67	13	authority	authority	NOUN
taxlaw-2855	67	14	and	and	CCONJ
taxlaw-2855	67	15	other	other	ADJ
taxlaw-2855	67	16	statutory	statutory	ADJ
taxlaw-2855	67	17	circumstances	circumstance	NOUN
taxlaw-2855	67	18	that	that	PRON
taxlaw-2855	67	19	congress	congress	PROPN
taxlaw-2855	67	20	would	would	AUX
taxlaw-2855	67	21	expect	expect	VERB
taxlaw-2855	67	22	the	the	DET
taxlaw-2855	67	23	agency	agency	NOUN
taxlaw-2855	67	24	to	to	PART
taxlaw-2855	67	25	be	be	AUX
taxlaw-2855	67	26	able	able	ADJ
taxlaw-2855	67	27	to	to	PART
taxlaw-2855	67	28	speak	speak	VERB
taxlaw-2855	67	29	with	with	ADP
taxlaw-2855	67	30	the	the	DET
taxlaw-2855	67	31	force	force	NOUN
taxlaw-2855	67	32	of	of	ADP
taxlaw-2855	67	33	law	law	NOUN
taxlaw-2855	67	34	when	when	SCONJ
taxlaw-2855	67	35	it	it	PRON
taxlaw-2855	67	36	addresses	address	VERB
taxlaw-2855	67	37	ambiguity	ambiguity	NOUN
taxlaw-2855	67	38	in	in	ADP
taxlaw-2855	67	39	the	the	DET
taxlaw-2855	67	40	statute	statute	NOUN
taxlaw-2855	67	41	or	or	CCONJ
taxlaw-2855	67	42	fills	fill	VERB
taxlaw-2855	67	43	a	a	DET
taxlaw-2855	67	44	space	space	NOUN
taxlaw-2855	67	45	in	in	ADP
taxlaw-2855	67	46	the	the	DET
taxlaw-2855	67	47	enacted	enact	VERB
taxlaw-2855	67	48	law	law	NOUN
taxlaw-2855	67	49	,	,	PUNCT
taxlaw-2855	67	50	even	even	ADV
taxlaw-2855	67	51	one	one	NUM
taxlaw-2855	67	52	about	about	ADP
taxlaw-2855	67	53	which	which	PRON
taxlaw-2855	67	54	‘	'	PUNCT
taxlaw-2855	67	55	congress	congress	PROPN
taxlaw-2855	67	56	did	do	AUX
taxlaw-2855	67	57	not	not	PART
taxlaw-2855	67	58	actually	actually	ADV
taxlaw-2855	67	59	have	have	VERB
taxlaw-2855	67	60	an	an	DET
taxlaw-2855	67	61	intent	intent	NOUN
taxlaw-2855	67	62	’	'	PUNCT
taxlaw-2855	67	63	as	as	ADP
taxlaw-2855	67	64	to	to	ADP
taxlaw-2855	67	65	a	a	DET
taxlaw-2855	67	66	particular	particular	ADJ
taxlaw-2855	67	67	result	result	NOUN
taxlaw-2855	67	68	.	.	PUNCT
taxlaw-2855	67	69	”	"	PUNCT
taxlaw-2855	67	70	)	)	PUNCT
taxlaw-2855	67	71	.	.	PUNCT
taxlaw-2855	68	1	13	13	NUM
taxlaw-2855	68	2	see	see	VERB
taxlaw-2855	68	3	chevron	chevron	PROPN
taxlaw-2855	68	4	u.s.a	u.s.a	PROPN
taxlaw-2855	68	5	.	.	PROPN
taxlaw-2855	68	6	,	,	PUNCT
taxlaw-2855	68	7	inc	inc	PROPN
taxlaw-2855	68	8	.	.	PROPN
taxlaw-2855	69	1	v.	v.	ADP
taxlaw-2855	69	2	natural	natural	ADJ
taxlaw-2855	69	3	resources	resource	NOUN
taxlaw-2855	69	4	defense	defense	PROPN
taxlaw-2855	69	5	council	council	PROPN
taxlaw-2855	69	6	,	,	PUNCT
taxlaw-2855	69	7	inc	inc	PROPN
taxlaw-2855	69	8	.	.	PROPN
taxlaw-2855	69	9	,	,	PUNCT
taxlaw-2855	69	10	467	467	NUM
taxlaw-2855	69	11	u.s	u.s	PROPN
taxlaw-2855	69	12	.	.	PROPN
taxlaw-2855	69	13	837	837	NUM
taxlaw-2855	69	14	,	,	PUNCT
taxlaw-2855	69	15	843–44	843–44	NUM
taxlaw-2855	69	16	(	(	PUNCT
taxlaw-2855	69	17	“	"	PUNCT
taxlaw-2855	69	18	we	we	PRON
taxlaw-2855	69	19	have	have	AUX
taxlaw-2855	69	20	long	long	ADV
taxlaw-2855	69	21	recognized	recognize	VERB
taxlaw-2855	69	22	that	that	SCONJ
taxlaw-2855	69	23	considerable	considerable	ADJ
taxlaw-2855	69	24	weight	weight	NOUN
taxlaw-2855	69	25	should	should	AUX
taxlaw-2855	69	26	be	be	AUX
taxlaw-2855	69	27	accorded	accord	VERB
taxlaw-2855	69	28	to	to	ADP
taxlaw-2855	69	29	an	an	DET
taxlaw-2855	69	30	executive	executive	ADJ
taxlaw-2855	69	31	department	department	NOUN
taxlaw-2855	69	32	’s	’s	PART
taxlaw-2855	69	33	construction	construction	NOUN
taxlaw-2855	69	34	of	of	ADP
taxlaw-2855	69	35	a	a	DET
taxlaw-2855	69	36	statutory	statutory	ADJ
taxlaw-2855	69	37	scheme	scheme	NOUN
taxlaw-2855	69	38	it	it	PRON
taxlaw-2855	69	39	is	be	AUX
taxlaw-2855	69	40	entrusted	entrust	VERB
taxlaw-2855	69	41	to	to	PART
taxlaw-2855	69	42	administer	administer	VERB
taxlaw-2855	69	43	,	,	PUNCT
taxlaw-2855	69	44	and	and	CCONJ
taxlaw-2855	69	45	the	the	DET
taxlaw-2855	69	46	principle	principle	NOUN
taxlaw-2855	69	47	of	of	ADP
taxlaw-2855	69	48	deference	deference	NOUN
taxlaw-2855	69	49	to	to	ADP
taxlaw-2855	69	50	administrative	administrative	ADJ
taxlaw-2855	69	51	interpretations	interpretation	NOUN
taxlaw-2855	69	52	has	have	AUX
taxlaw-2855	69	53	been	be	AUX
taxlaw-2855	69	54	consistently	consistently	ADV
taxlaw-2855	69	55	followed	follow	VERB
taxlaw-2855	69	56	by	by	ADP
taxlaw-2855	69	57	this	this	DET
taxlaw-2855	69	58	court	court	NOUN
taxlaw-2855	69	59	whenever	whenever	SCONJ
taxlaw-2855	69	60	decision	decision	NOUN
taxlaw-2855	69	61	as	as	ADP
taxlaw-2855	69	62	to	to	ADP
taxlaw-2855	69	63	the	the	DET
taxlaw-2855	69	64	meaning	meaning	NOUN
taxlaw-2855	69	65	or	or	CCONJ
taxlaw-2855	69	66	reach	reach	NOUN
taxlaw-2855	69	67	of	of	ADP
taxlaw-2855	69	68	a	a	DET
taxlaw-2855	69	69	statute	statute	NOUN
taxlaw-2855	69	70	has	have	AUX
taxlaw-2855	69	71	involved	involve	VERB
taxlaw-2855	69	72	reconciling	reconcile	VERB
taxlaw-2855	69	73	conflicting	conflicting	ADJ
taxlaw-2855	69	74	policies	policy	NOUN
taxlaw-2855	69	75	,	,	PUNCT
taxlaw-2855	69	76	and	and	CCONJ
taxlaw-2855	69	77	a	a	DET
taxlaw-2855	69	78	full	full	ADJ
taxlaw-2855	69	79	understanding	understanding	NOUN
taxlaw-2855	69	80	of	of	ADP
taxlaw-2855	69	81	the	the	DET
taxlaw-2855	69	82	force	force	NOUN
taxlaw-2855	69	83	of	of	ADP
taxlaw-2855	69	84	the	the	DET
taxlaw-2855	69	85	statutory	statutory	ADJ
taxlaw-2855	69	86	policy	policy	NOUN
taxlaw-2855	69	87	in	in	ADP
taxlaw-2855	69	88	the	the	DET
taxlaw-2855	69	89	given	give	VERB
taxlaw-2855	69	90	situation	situation	NOUN
taxlaw-2855	69	91	has	have	AUX
taxlaw-2855	69	92	depended	depend	VERB
taxlaw-2855	69	93	upon	upon	SCONJ
taxlaw-2855	69	94	more	more	ADJ
taxlaw-2855	69	95	than	than	ADP
taxlaw-2855	69	96	ordinary	ordinary	ADJ
taxlaw-2855	69	97	knowledge	knowledge	NOUN
taxlaw-2855	69	98	respecting	respect	VERB
taxlaw-2855	69	99	the	the	DET
taxlaw-2855	69	100	matters	matter	NOUN
taxlaw-2855	69	101	subjected	subject	VERB
taxlaw-2855	69	102	to	to	ADP
taxlaw-2855	69	103	agency	agency	NOUN
taxlaw-2855	69	104	regulations	regulation	NOUN
taxlaw-2855	69	105	.	.	PUNCT
taxlaw-2855	69	106	”	"	PUNCT
taxlaw-2855	69	107	)	)	PUNCT
taxlaw-2855	69	108	.	.	PUNCT
taxlaw-2855	70	1	14	14	NUM
taxlaw-2855	70	2	cf	cf	NOUN
taxlaw-2855	70	3	.	.	PUNCT
taxlaw-2855	71	1	mead	mead	NOUN
taxlaw-2855	71	2	,	,	PUNCT
taxlaw-2855	71	3	533	533	NUM
taxlaw-2855	71	4	u.s	u.s	PROPN
taxlaw-2855	71	5	.	.	PROPN
taxlaw-2855	71	6	at	at	ADP
taxlaw-2855	71	7	234–35	234–35	NUM
taxlaw-2855	71	8	(	(	PUNCT
taxlaw-2855	71	9	acknowledging	acknowledge	VERB
taxlaw-2855	71	10	that	that	SCONJ
taxlaw-2855	71	11	even	even	ADV
taxlaw-2855	71	12	where	where	SCONJ
taxlaw-2855	71	13	a	a	DET
taxlaw-2855	71	14	statute	statute	NOUN
taxlaw-2855	71	15	precludes	preclude	VERB
taxlaw-2855	71	16	chevron	chevron	ADJ
taxlaw-2855	71	17	deference	deference	NOUN
taxlaw-2855	71	18	to	to	ADP
taxlaw-2855	71	19	agency	agency	NOUN
taxlaw-2855	71	20	interpretations	interpretation	NOUN
taxlaw-2855	71	21	thereof	thereof	ADV
taxlaw-2855	71	22	,	,	PUNCT
taxlaw-2855	71	23	“	"	PUNCT
taxlaw-2855	71	24	an	an	DET
taxlaw-2855	71	25	agency	agency	NOUN
taxlaw-2855	71	26	’s	’s	PART
taxlaw-2855	71	27	interpretation	interpretation	NOUN
taxlaw-2855	71	28	may	may	AUX
taxlaw-2855	71	29	merit	merit	VERB
taxlaw-2855	71	30	some	some	DET
taxlaw-2855	71	31	deference	deference	NOUN
taxlaw-2855	71	32	whatever	whatever	PRON
taxlaw-2855	71	33	its	its	PRON
taxlaw-2855	71	34	form	form	NOUN
taxlaw-2855	71	35	,	,	PUNCT
taxlaw-2855	71	36	given	give	VERB
taxlaw-2855	71	37	the	the	DET
taxlaw-2855	71	38	‘	'	PUNCT
taxlaw-2855	71	39	specialized	specialized	ADJ
taxlaw-2855	71	40	experience	experience	NOUN
taxlaw-2855	71	41	and	and	CCONJ
taxlaw-2855	71	42	broader	broad	ADJ
taxlaw-2855	71	43	investigations	investigation	NOUN
taxlaw-2855	71	44	and	and	CCONJ
taxlaw-2855	71	45	information	information	NOUN
taxlaw-2855	71	46	’	'	PUNCT
taxlaw-2855	71	47	available	available	ADJ
taxlaw-2855	71	48	to	to	ADP
taxlaw-2855	71	49	the	the	DET
taxlaw-2855	71	50	agency	agency	NOUN
taxlaw-2855	71	51	,	,	PUNCT
taxlaw-2855	71	52	and	and	CCONJ
taxlaw-2855	71	53	given	give	VERB
taxlaw-2855	71	54	the	the	DET
taxlaw-2855	71	55	value	value	NOUN
taxlaw-2855	71	56	of	of	ADP
taxlaw-2855	71	57	uniformity	uniformity	NOUN
taxlaw-2855	71	58	in	in	ADP
taxlaw-2855	71	59	its	its	PRON
taxlaw-2855	71	60	administrative	administrative	ADJ
taxlaw-2855	71	61	and	and	CCONJ
taxlaw-2855	71	62	judicial	judicial	ADJ
taxlaw-2855	71	63	understandings	understanding	NOUN
taxlaw-2855	71	64	of	of	ADP
taxlaw-2855	71	65	what	what	PRON
taxlaw-2855	71	66	a	a	DET
taxlaw-2855	71	67	national	national	ADJ
taxlaw-2855	71	68	law	law	NOUN
taxlaw-2855	71	69	requires	require	VERB
taxlaw-2855	71	70	”	"	PUNCT
taxlaw-2855	71	71	)	)	PUNCT
taxlaw-2855	71	72	.	.	PUNCT
taxlaw-2855	72	1	2017	2017	NUM
taxlaw-2855	72	2	]	]	PUNCT
taxlaw-2855	72	3	a	a	DET
taxlaw-2855	72	4	framework	framework	NOUN
taxlaw-2855	72	5	for	for	ADP
taxlaw-2855	72	6	testing	test	VERB
taxlaw-2855	72	7	regulatory	regulatory	ADJ
taxlaw-2855	72	8	authority	authority	NOUN
taxlaw-2855	72	9	331	331	NUM
taxlaw-2855	72	10	the	the	DET
taxlaw-2855	72	11	first	first	ADJ
taxlaw-2855	72	12	question	question	NOUN
taxlaw-2855	72	13	is	be	AUX
taxlaw-2855	72	14	what	what	PRON
taxlaw-2855	72	15	congress	congress	PROPN
taxlaw-2855	72	16	means	mean	VERB
taxlaw-2855	72	17	when	when	SCONJ
taxlaw-2855	72	18	it	it	PRON
taxlaw-2855	72	19	references	reference	VERB
taxlaw-2855	72	20	the	the	DET
taxlaw-2855	72	21	“	"	PUNCT
taxlaw-2855	72	22	purposes	purpose	NOUN
taxlaw-2855	72	23	”	"	PUNCT
taxlaw-2855	72	24	of	of	ADP
taxlaw-2855	72	25	section	section	NOUN
taxlaw-2855	72	26	956	956	NUM
taxlaw-2855	72	27	.	.	PUNCT
taxlaw-2855	73	1	one	one	NUM
taxlaw-2855	73	2	possible	possible	ADJ
taxlaw-2855	73	3	answer	answer	NOUN
taxlaw-2855	73	4	could	could	AUX
taxlaw-2855	73	5	be	be	AUX
taxlaw-2855	73	6	that	that	SCONJ
taxlaw-2855	73	7	the	the	DET
taxlaw-2855	73	8	purposes	purpose	NOUN
taxlaw-2855	73	9	of	of	ADP
taxlaw-2855	73	10	section	section	NOUN
taxlaw-2855	73	11	956	956	NUM
taxlaw-2855	73	12	are	be	AUX
taxlaw-2855	73	13	to	to	PART
taxlaw-2855	73	14	treat	treat	VERB
taxlaw-2855	73	15	as	as	ADP
taxlaw-2855	73	16	a	a	DET
taxlaw-2855	73	17	deemed	deemed	ADJ
taxlaw-2855	73	18	dividend	dividend	NOUN
taxlaw-2855	73	19	the	the	DET
taxlaw-2855	73	20	portion	portion	NOUN
taxlaw-2855	73	21	of	of	ADP
taxlaw-2855	73	22	the	the	DET
taxlaw-2855	73	23	controlled	control	VERB
taxlaw-2855	73	24	foreign	foreign	ADJ
taxlaw-2855	73	25	corporation	corporation	NOUN
taxlaw-2855	73	26	’s	’s	PART
taxlaw-2855	73	27	(	(	PUNCT
taxlaw-2855	73	28	cfc	cfc	PROPN
taxlaw-2855	73	29	’s	’s	PART
taxlaw-2855	73	30	)	)	PUNCT
taxlaw-2855	73	31	unrepatriated	unrepatriated	ADJ
taxlaw-2855	73	32	,	,	PUNCT
taxlaw-2855	73	33	non	non	ADJ
taxlaw-2855	73	34	-	-	ADJ
taxlaw-2855	73	35	previously	previously	ADV
taxlaw-2855	73	36	taxed	tax	VERB
taxlaw-2855	73	37	income	income	NOUN
taxlaw-2855	73	38	(	(	PUNCT
taxlaw-2855	73	39	pti	pti	PROPN
taxlaw-2855	73	40	)	)	PUNCT
taxlaw-2855	73	41	earnings	earning	NOUN
taxlaw-2855	73	42	that	that	PRON
taxlaw-2855	73	43	have	have	AUX
taxlaw-2855	73	44	been	be	AUX
taxlaw-2855	73	45	invested	invest	VERB
taxlaw-2855	73	46	in	in	ADP
taxlaw-2855	73	47	u.s	u.s	PROPN
taxlaw-2855	73	48	.	.	PROPN
taxlaw-2855	73	49	property	property	NOUN
taxlaw-2855	73	50	.	.	PUNCT
taxlaw-2855	74	1	a	a	DET
taxlaw-2855	74	2	second	second	ADJ
taxlaw-2855	74	3	possible	possible	ADJ
taxlaw-2855	74	4	answer	answer	NOUN
taxlaw-2855	74	5	could	could	AUX
taxlaw-2855	74	6	be	be	AUX
taxlaw-2855	74	7	that	that	SCONJ
taxlaw-2855	74	8	the	the	DET
taxlaw-2855	74	9	purposes	purpose	NOUN
taxlaw-2855	74	10	of	of	ADP
taxlaw-2855	74	11	section	section	NOUN
taxlaw-2855	74	12	956	956	NUM
taxlaw-2855	74	13	are	be	AUX
taxlaw-2855	74	14	to	to	PART
taxlaw-2855	74	15	treat	treat	VERB
taxlaw-2855	74	16	as	as	ADP
taxlaw-2855	74	17	a	a	DET
taxlaw-2855	74	18	deemed	deemed	ADJ
taxlaw-2855	74	19	dividend	dividend	NOUN
taxlaw-2855	74	20	the	the	DET
taxlaw-2855	74	21	portion	portion	NOUN
taxlaw-2855	74	22	of	of	ADP
taxlaw-2855	74	23	the	the	DET
taxlaw-2855	74	24	cfc	cfc	PROPN
taxlaw-2855	74	25	’s	’s	PART
taxlaw-2855	74	26	un	un	PROPN
taxlaw-2855	74	27	-	-	VERB
taxlaw-2855	74	28	repatriated	repatriate	VERB
taxlaw-2855	74	29	,	,	PUNCT
taxlaw-2855	74	30	non	non	ADJ
taxlaw-2855	74	31	-	-	ADJ
taxlaw-2855	74	32	pti	pti	ADJ
taxlaw-2855	74	33	earnings	earning	NOUN
taxlaw-2855	74	34	that	that	PRON
taxlaw-2855	74	35	have	have	AUX
taxlaw-2855	74	36	been	be	AUX
taxlaw-2855	74	37	deployed	deploy	VERB
taxlaw-2855	74	38	in	in	ADP
taxlaw-2855	74	39	a	a	DET
taxlaw-2855	74	40	manner	manner	NOUN
taxlaw-2855	74	41	that	that	PRON
taxlaw-2855	74	42	produces	produce	VERB
taxlaw-2855	74	43	an	an	DET
taxlaw-2855	74	44	economic	economic	ADJ
taxlaw-2855	74	45	benefit	benefit	NOUN
taxlaw-2855	74	46	to	to	ADP
taxlaw-2855	74	47	the	the	DET
taxlaw-2855	74	48	u.s	u.s	PROPN
taxlaw-2855	74	49	.	.	PROPN
taxlaw-2855	74	50	shareholder	shareholder	NOUN
taxlaw-2855	74	51	that	that	PRON
taxlaw-2855	74	52	is	be	AUX
taxlaw-2855	74	53	sufficiently	sufficiently	ADV
taxlaw-2855	74	54	analogous	analogous	ADJ
taxlaw-2855	74	55	to	to	ADP
taxlaw-2855	74	56	a	a	DET
taxlaw-2855	74	57	dividend	dividend	NOUN
taxlaw-2855	74	58	that	that	PRON
taxlaw-2855	74	59	it	it	PRON
taxlaw-2855	74	60	should	should	AUX
taxlaw-2855	74	61	be	be	AUX
taxlaw-2855	74	62	treated	treat	VERB
taxlaw-2855	74	63	as	as	ADP
taxlaw-2855	74	64	such	such	ADJ
taxlaw-2855	74	65	.	.	PUNCT
taxlaw-2855	75	1	the	the	DET
taxlaw-2855	75	2	difference	difference	NOUN
taxlaw-2855	75	3	in	in	ADP
taxlaw-2855	75	4	effect	effect	NOUN
taxlaw-2855	75	5	is	be	AUX
taxlaw-2855	75	6	obvious	obvious	ADJ
taxlaw-2855	75	7	.	.	PUNCT
taxlaw-2855	76	1	and	and	CCONJ
taxlaw-2855	76	2	although	although	SCONJ
taxlaw-2855	76	3	it	it	PRON
taxlaw-2855	76	4	may	may	AUX
taxlaw-2855	76	5	seem	seem	VERB
taxlaw-2855	76	6	intuitively	intuitively	ADV
taxlaw-2855	76	7	correct	correct	ADJ
taxlaw-2855	76	8	to	to	PART
taxlaw-2855	76	9	say	say	VERB
taxlaw-2855	76	10	that	that	SCONJ
taxlaw-2855	76	11	the	the	DET
taxlaw-2855	76	12	latter	latter	ADJ
taxlaw-2855	76	13	is	be	AUX
taxlaw-2855	76	14	at	at	ADP
taxlaw-2855	76	15	least	least	ADJ
taxlaw-2855	76	16	a	a	DET
taxlaw-2855	76	17	reasonable	reasonable	ADJ
taxlaw-2855	76	18	interpretation	interpretation	NOUN
taxlaw-2855	76	19	,	,	PUNCT
taxlaw-2855	76	20	we	we	PRON
taxlaw-2855	76	21	are	be	AUX
taxlaw-2855	76	22	not	not	PART
taxlaw-2855	76	23	so	so	ADV
taxlaw-2855	76	24	sure	sure	ADJ
taxlaw-2855	76	25	that	that	PRON
taxlaw-2855	76	26	is	be	AUX
taxlaw-2855	76	27	true	true	ADJ
taxlaw-2855	76	28	.	.	PUNCT
taxlaw-2855	77	1	the	the	DET
taxlaw-2855	77	2	latter	latter	ADJ
taxlaw-2855	77	3	was	be	AUX
taxlaw-2855	77	4	certainly	certainly	ADV
taxlaw-2855	77	5	the	the	DET
taxlaw-2855	77	6	impetus	impetus	NOUN
taxlaw-2855	77	7	behind	behind	ADP
taxlaw-2855	77	8	the	the	DET
taxlaw-2855	77	9	legislative	legislative	ADJ
taxlaw-2855	77	10	effort	effort	NOUN
taxlaw-2855	77	11	,	,	PUNCT
taxlaw-2855	77	12	and	and	CCONJ
taxlaw-2855	77	13	was	be	AUX
taxlaw-2855	77	14	the	the	DET
taxlaw-2855	77	15	subject	subject	NOUN
taxlaw-2855	77	16	of	of	ADP
taxlaw-2855	77	17	the	the	DET
taxlaw-2855	77	18	debate	debate	NOUN
taxlaw-2855	77	19	.	.	PUNCT
taxlaw-2855	78	1	but	but	CCONJ
taxlaw-2855	78	2	the	the	DET
taxlaw-2855	78	3	outcome	outcome	NOUN
taxlaw-2855	78	4	of	of	ADP
taxlaw-2855	78	5	the	the	DET
taxlaw-2855	78	6	debate	debate	NOUN
taxlaw-2855	78	7	was	be	AUX
taxlaw-2855	78	8	a	a	DET
taxlaw-2855	78	9	significantly	significantly	ADV
taxlaw-2855	78	10	narrower	narrow	ADJ
taxlaw-2855	78	11	phraseology	phraseology	NOUN
taxlaw-2855	78	12	.	.	PUNCT
taxlaw-2855	79	1	does	do	AUX
taxlaw-2855	79	2	n’t	not	PART
taxlaw-2855	79	3	that	that	PRON
taxlaw-2855	79	4	imply	imply	VERB
taxlaw-2855	79	5	a	a	DET
taxlaw-2855	79	6	legislative	legislative	ADJ
taxlaw-2855	79	7	rejection	rejection	NOUN
taxlaw-2855	79	8	of	of	ADP
taxlaw-2855	79	9	the	the	DET
taxlaw-2855	79	10	cases	case	NOUN
taxlaw-2855	79	11	that	that	PRON
taxlaw-2855	79	12	fell	fall	VERB
taxlaw-2855	79	13	outside	outside	ADV
taxlaw-2855	79	14	of	of	ADP
taxlaw-2855	79	15	that	that	DET
taxlaw-2855	79	16	phraseology?15	phraseology?15	NOUN
taxlaw-2855	79	17	again	again	ADV
taxlaw-2855	79	18	,	,	PUNCT
taxlaw-2855	79	19	suppose	suppose	VERB
taxlaw-2855	79	20	the	the	DET
taxlaw-2855	79	21	house	house	NOUN
taxlaw-2855	79	22	advanced	advance	VERB
taxlaw-2855	79	23	a	a	DET
taxlaw-2855	79	24	broader	broad	ADJ
taxlaw-2855	79	25	definition	definition	NOUN
taxlaw-2855	79	26	of	of	ADP
taxlaw-2855	79	27	u.s	u.s	PROPN
taxlaw-2855	79	28	.	.	PROPN
taxlaw-2855	79	29	property	property	NOUN
taxlaw-2855	79	30	for	for	ADP
taxlaw-2855	79	31	purposes	purpose	NOUN
taxlaw-2855	79	32	of	of	ADP
taxlaw-2855	79	33	section	section	NOUN
taxlaw-2855	79	34	956	956	NUM
taxlaw-2855	79	35	,	,	PUNCT
taxlaw-2855	79	36	the	the	DET
taxlaw-2855	79	37	senate	senate	PROPN
taxlaw-2855	79	38	rejected	reject	VERB
taxlaw-2855	79	39	it	it	PRON
taxlaw-2855	79	40	,	,	PUNCT
taxlaw-2855	79	41	and	and	CCONJ
taxlaw-2855	79	42	the	the	DET
taxlaw-2855	79	43	conferees	conferee	NOUN
taxlaw-2855	79	44	supported	support	VERB
taxlaw-2855	79	45	the	the	DET
taxlaw-2855	79	46	senate	senate	PROPN
taxlaw-2855	79	47	version	version	NOUN
taxlaw-2855	79	48	.	.	PUNCT
taxlaw-2855	80	1	could	could	AUX
taxlaw-2855	80	2	the	the	DET
taxlaw-2855	80	3	executive	executive	NOUN
taxlaw-2855	80	4	reinstate	reinstate	VERB
taxlaw-2855	80	5	the	the	DET
taxlaw-2855	80	6	house	house	PROPN
taxlaw-2855	80	7	version	version	NOUN
taxlaw-2855	80	8	in	in	ADP
taxlaw-2855	80	9	regulations	regulation	NOUN
taxlaw-2855	80	10	under	under	ADP
taxlaw-2855	80	11	the	the	DET
taxlaw-2855	80	12	auspices	auspex	NOUN
taxlaw-2855	80	13	of	of	ADP
taxlaw-2855	80	14	a	a	DET
taxlaw-2855	80	15	broad	broad	ADJ
taxlaw-2855	80	16	interpretation	interpretation	NOUN
taxlaw-2855	80	17	of	of	ADP
taxlaw-2855	80	18	the	the	DET
taxlaw-2855	80	19	“	"	PUNCT
taxlaw-2855	80	20	purposes	purpose	NOUN
taxlaw-2855	80	21	”	"	PUNCT
taxlaw-2855	80	22	of	of	ADP
taxlaw-2855	80	23	section	section	NOUN
taxlaw-2855	80	24	956	956	NUM
taxlaw-2855	80	25	?	?	PUNCT
taxlaw-2855	81	1	that	that	PRON
taxlaw-2855	81	2	seems	seem	VERB
taxlaw-2855	81	3	like	like	ADP
taxlaw-2855	81	4	a	a	DET
taxlaw-2855	81	5	stretch.16	stretch.16	NOUN
taxlaw-2855	81	6	the	the	DET
taxlaw-2855	81	7	second	second	ADJ
taxlaw-2855	81	8	question	question	NOUN
taxlaw-2855	81	9	involves	involve	VERB
taxlaw-2855	81	10	the	the	DET
taxlaw-2855	81	11	use	use	NOUN
taxlaw-2855	81	12	of	of	ADP
taxlaw-2855	81	13	the	the	DET
taxlaw-2855	81	14	word	word	NOUN
taxlaw-2855	81	15	“	"	PUNCT
taxlaw-2855	81	16	including	include	VERB
taxlaw-2855	81	17	.	.	PUNCT
taxlaw-2855	81	18	”	"	PUNCT
taxlaw-2855	82	1	in	in	ADP
taxlaw-2855	82	2	this	this	DET
taxlaw-2855	82	3	context	context	NOUN
taxlaw-2855	82	4	,	,	PUNCT
taxlaw-2855	82	5	does	do	AUX
taxlaw-2855	82	6	“	"	PUNCT
taxlaw-2855	82	7	including	include	VERB
taxlaw-2855	82	8	”	"	PUNCT
taxlaw-2855	82	9	mean	mean	VERB
taxlaw-2855	82	10	that	that	SCONJ
taxlaw-2855	82	11	the	the	DET
taxlaw-2855	82	12	second	second	ADJ
taxlaw-2855	82	13	clause	clause	NOUN
taxlaw-2855	82	14	is	be	AUX
taxlaw-2855	82	15	a	a	DET
taxlaw-2855	82	16	subset	subset	NOUN
taxlaw-2855	82	17	of	of	ADP
taxlaw-2855	82	18	the	the	DET
taxlaw-2855	82	19	first	first	ADJ
taxlaw-2855	82	20	clause	clause	NOUN
taxlaw-2855	82	21	,	,	PUNCT
taxlaw-2855	82	22	or	or	CCONJ
taxlaw-2855	82	23	is	be	AUX
taxlaw-2855	82	24	in	in	ADP
taxlaw-2855	82	25	addition	addition	NOUN
taxlaw-2855	82	26	to	to	ADP
taxlaw-2855	82	27	the	the	DET
taxlaw-2855	82	28	first	first	ADJ
taxlaw-2855	82	29	clause	clause	NOUN
taxlaw-2855	82	30	?	?	PUNCT
taxlaw-2855	83	1	it	it	PRON
taxlaw-2855	83	2	is	be	AUX
taxlaw-2855	83	3	incredible	incredible	ADJ
taxlaw-2855	83	4	that	that	SCONJ
taxlaw-2855	83	5	such	such	DET
taxlaw-2855	83	6	a	a	DET
taxlaw-2855	83	7	basic	basic	ADJ
taxlaw-2855	83	8	point	point	NOUN
taxlaw-2855	83	9	could	could	AUX
taxlaw-2855	83	10	be	be	AUX
taxlaw-2855	83	11	uncertain	uncertain	ADJ
taxlaw-2855	83	12	,	,	PUNCT
taxlaw-2855	83	13	but	but	CCONJ
taxlaw-2855	83	14	it	it	PRON
taxlaw-2855	83	15	seems	seem	VERB
taxlaw-2855	83	16	so	so	ADV
taxlaw-2855	83	17	.	.	PUNCT
taxlaw-2855	84	1	the	the	DET
taxlaw-2855	84	2	import	import	NOUN
taxlaw-2855	84	3	is	be	AUX
taxlaw-2855	84	4	not	not	PART
taxlaw-2855	84	5	as	as	ADV
taxlaw-2855	84	6	dramatic	dramatic	ADJ
taxlaw-2855	84	7	as	as	ADP
taxlaw-2855	84	8	the	the	DET
taxlaw-2855	84	9	first	first	ADJ
taxlaw-2855	84	10	question	question	NOUN
taxlaw-2855	84	11	,	,	PUNCT
taxlaw-2855	84	12	but	but	CCONJ
taxlaw-2855	84	13	it	it	PRON
taxlaw-2855	84	14	is	be	AUX
taxlaw-2855	84	15	important	important	ADJ
taxlaw-2855	84	16	nonetheless	nonetheless	ADV
taxlaw-2855	84	17	.	.	PUNCT
taxlaw-2855	85	1	if	if	SCONJ
taxlaw-2855	85	2	regulations	regulation	NOUN
taxlaw-2855	85	3	do	do	AUX
taxlaw-2855	85	4	not	not	PART
taxlaw-2855	85	5	further	further	VERB
taxlaw-2855	85	6	the	the	DET
taxlaw-2855	85	7	purpose	purpose	NOUN
taxlaw-2855	85	8	,	,	PUNCT
taxlaw-2855	85	9	does	do	AUX
taxlaw-2855	85	10	the	the	DET
taxlaw-2855	85	11	executive	executive	NOUN
taxlaw-2855	85	12	still	still	ADV
taxlaw-2855	85	13	prevail	prevail	VERB
taxlaw-2855	85	14	if	if	SCONJ
taxlaw-2855	85	15	the	the	DET
taxlaw-2855	85	16	regulations	regulation	NOUN
taxlaw-2855	85	17	prevent	prevent	VERB
taxlaw-2855	85	18	avoidance	avoidance	NOUN
taxlaw-2855	85	19	?	?	PUNCT
taxlaw-2855	86	1	unclear	unclear	ADJ
taxlaw-2855	86	2	.	.	PUNCT
taxlaw-2855	87	1	the	the	DET
taxlaw-2855	87	2	third	third	ADJ
taxlaw-2855	87	3	question	question	NOUN
taxlaw-2855	87	4	involves	involve	VERB
taxlaw-2855	87	5	the	the	DET
taxlaw-2855	87	6	word	word	NOUN
taxlaw-2855	87	7	“	"	PUNCT
taxlaw-2855	87	8	provisions	provision	NOUN
taxlaw-2855	87	9	.	.	PUNCT
taxlaw-2855	87	10	”	"	PUNCT
taxlaw-2855	88	1	here	here	ADV
taxlaw-2855	88	2	,	,	PUNCT
taxlaw-2855	88	3	the	the	DET
taxlaw-2855	88	4	foil	foil	NOUN
taxlaw-2855	88	5	is	be	AUX
taxlaw-2855	88	6	obviously	obviously	ADV
taxlaw-2855	88	7	the	the	DET
taxlaw-2855	88	8	prior	prior	ADJ
taxlaw-2855	88	9	word	word	NOUN
taxlaw-2855	88	10	“	"	PUNCT
taxlaw-2855	88	11	purposes	purpose	NOUN
taxlaw-2855	88	12	.	.	PUNCT
taxlaw-2855	88	13	”	"	PUNCT
taxlaw-2855	89	1	“	"	PUNCT
taxlaw-2855	89	2	provisions	provision	NOUN
taxlaw-2855	89	3	”	"	PUNCT
taxlaw-2855	89	4	certainly	certainly	ADV
taxlaw-2855	89	5	reads	read	VERB
taxlaw-2855	89	6	as	as	ADP
taxlaw-2855	89	7	a	a	DET
taxlaw-2855	89	8	narrower	narrow	ADJ
taxlaw-2855	89	9	term	term	NOUN
taxlaw-2855	89	10	than	than	ADP
taxlaw-2855	89	11	“	"	PUNCT
taxlaw-2855	89	12	purposes	purpose	NOUN
taxlaw-2855	89	13	,	,	PUNCT
taxlaw-2855	89	14	”	"	PUNCT
taxlaw-2855	89	15	more	more	ADV
taxlaw-2855	89	16	akin	akin	ADJ
taxlaw-2855	89	17	to	to	ADP
taxlaw-2855	89	18	“	"	PUNCT
taxlaw-2855	89	19	what	what	PRON
taxlaw-2855	89	20	i	i	PRON
taxlaw-2855	89	21	wrote	write	VERB
taxlaw-2855	89	22	down	down	ADP
taxlaw-2855	89	23	on	on	ADP
taxlaw-2855	89	24	the	the	DET
taxlaw-2855	89	25	piece	piece	NOUN
taxlaw-2855	89	26	of	of	ADP
taxlaw-2855	89	27	paper	paper	NOUN
taxlaw-2855	89	28	”	"	PUNCT
taxlaw-2855	89	29	than	than	ADP
taxlaw-2855	89	30	“	"	PUNCT
taxlaw-2855	89	31	the	the	DET
taxlaw-2855	89	32	thoughts	thought	NOUN
taxlaw-2855	89	33	in	in	ADP
taxlaw-2855	89	34	my	my	PRON
taxlaw-2855	89	35	head	head	NOUN
taxlaw-2855	89	36	as	as	SCONJ
taxlaw-2855	89	37	i	i	PRON
taxlaw-2855	89	38	was	be	AUX
taxlaw-2855	89	39	writing	write	VERB
taxlaw-2855	89	40	.	.	PUNCT
taxlaw-2855	89	41	”	"	PUNCT
taxlaw-2855	90	1	does	do	AUX
taxlaw-2855	90	2	that	that	DET
taxlaw-2855	90	3	narrowness	narrowness	NOUN
taxlaw-2855	90	4	necessitate	necessitate	ADJ
taxlaw-2855	90	5	a	a	DET
taxlaw-2855	90	6	reinterpretation	reinterpretation	NOUN
taxlaw-2855	90	7	of	of	ADP
taxlaw-2855	90	8	the	the	DET
taxlaw-2855	90	9	breadth	breadth	NOUN
taxlaw-2855	90	10	of	of	ADP
taxlaw-2855	90	11	“	"	PUNCT
taxlaw-2855	90	12	purposes	purpose	NOUN
taxlaw-2855	90	13	,	,	PUNCT
taxlaw-2855	90	14	”	"	PUNCT
taxlaw-2855	90	15	which	which	PRON
taxlaw-2855	90	16	was	be	AUX
taxlaw-2855	90	17	so	so	ADV
taxlaw-2855	90	18	important	important	ADJ
taxlaw-2855	90	19	to	to	ADP
taxlaw-2855	90	20	the	the	DET
taxlaw-2855	90	21	first	first	ADJ
taxlaw-2855	90	22	question	question	NOUN
taxlaw-2855	90	23	?	?	PUNCT
taxlaw-2855	91	1	the	the	DET
taxlaw-2855	91	2	fourth	fourth	ADJ
taxlaw-2855	91	3	question	question	NOUN
taxlaw-2855	91	4	is	be	AUX
taxlaw-2855	91	5	what	what	PRON
taxlaw-2855	91	6	to	to	PART
taxlaw-2855	91	7	make	make	VERB
taxlaw-2855	91	8	of	of	ADP
taxlaw-2855	91	9	the	the	DET
taxlaw-2855	91	10	shift	shift	NOUN
taxlaw-2855	91	11	from	from	ADP
taxlaw-2855	91	12	the	the	DET
taxlaw-2855	91	13	positive	positive	ADJ
taxlaw-2855	91	14	to	to	ADP
taxlaw-2855	91	15	the	the	DET
taxlaw-2855	91	16	negative	negative	NOUN
taxlaw-2855	91	17	.	.	PUNCT
taxlaw-2855	92	1	the	the	DET
taxlaw-2855	92	2	first	first	ADJ
taxlaw-2855	92	3	clause	clause	NOUN
taxlaw-2855	92	4	empowers	empower	VERB
taxlaw-2855	92	5	regulations	regulation	NOUN
taxlaw-2855	92	6	“	"	PUNCT
taxlaw-2855	92	7	to	to	PART
taxlaw-2855	92	8	carry	carry	VERB
taxlaw-2855	92	9	out	out	ADP
taxlaw-2855	92	10	the	the	DET
taxlaw-2855	92	11	purposes	purpose	NOUN
taxlaw-2855	92	12	”	"	PUNCT
taxlaw-2855	92	13	;	;	PUNCT
taxlaw-2855	92	14	the	the	DET
taxlaw-2855	92	15	second	second	ADJ
taxlaw-2855	92	16	clause	clause	NOUN
taxlaw-2855	92	17	empowers	empower	VERB
taxlaw-2855	92	18	regulations	regulation	NOUN
taxlaw-2855	92	19	“	"	PUNCT
taxlaw-2855	92	20	to	to	PART
taxlaw-2855	92	21	prevent	prevent	VERB
taxlaw-2855	92	22	the	the	DET
taxlaw-2855	92	23	avoidance	avoidance	NOUN
taxlaw-2855	92	24	of	of	ADP
taxlaw-2855	92	25	the	the	DET
taxlaw-2855	92	26	provisions	provision	NOUN
taxlaw-2855	92	27	.	.	PUNCT
taxlaw-2855	92	28	”	"	PUNCT
taxlaw-2855	93	1	perhaps	perhaps	ADV
taxlaw-2855	93	2	that	that	DET
taxlaw-2855	93	3	phrasing	phrasing	NOUN
taxlaw-2855	93	4	implies	imply	VERB
taxlaw-2855	93	5	that	that	SCONJ
taxlaw-2855	93	6	one	one	PRON
taxlaw-2855	93	7	should	should	AUX
taxlaw-2855	93	8	be	be	AUX
taxlaw-2855	93	9	restrictive	restrictive	ADJ
taxlaw-2855	93	10	in	in	ADP
taxlaw-2855	93	11	interpreting	interpret	VERB
taxlaw-2855	93	12	the	the	DET
taxlaw-2855	93	13	first	first	ADJ
taxlaw-2855	93	14	grant	grant	NOUN
taxlaw-2855	93	15	but	but	CCONJ
taxlaw-2855	93	16	liberal	liberal	ADJ
taxlaw-2855	93	17	in	in	ADP
taxlaw-2855	93	18	interpreting	interpret	VERB
taxlaw-2855	93	19	the	the	DET
taxlaw-2855	93	20	second	second	ADJ
taxlaw-2855	93	21	?	?	PUNCT
taxlaw-2855	94	1	15	15	NUM
taxlaw-2855	94	2	see	see	VERB
taxlaw-2855	94	3	john	john	PROPN
taxlaw-2855	94	4	f.	f.	PROPN
taxlaw-2855	94	5	manning	manning	PROPN
taxlaw-2855	94	6	,	,	PUNCT
taxlaw-2855	94	7	why	why	SCONJ
taxlaw-2855	94	8	does	do	AUX
taxlaw-2855	94	9	congress	congress	PROPN
taxlaw-2855	94	10	vote	vote	VERB
taxlaw-2855	94	11	on	on	ADP
taxlaw-2855	94	12	some	some	DET
taxlaw-2855	94	13	texts	text	NOUN
taxlaw-2855	94	14	but	but	CCONJ
taxlaw-2855	94	15	not	not	PART
taxlaw-2855	94	16	others	other	NOUN
taxlaw-2855	94	17	?	?	PUNCT
taxlaw-2855	94	18	,	,	PUNCT
taxlaw-2855	94	19	51	51	NUM
taxlaw-2855	94	20	tulsa	tulsa	PROPN
taxlaw-2855	94	21	l.	l.	PROPN
taxlaw-2855	94	22	rev	rev	PROPN
taxlaw-2855	94	23	.	.	PROPN
taxlaw-2855	94	24	559	559	NUM
taxlaw-2855	94	25	,	,	PUNCT
taxlaw-2855	94	26	565–71	565–71	NOUN
taxlaw-2855	94	27	(	(	PUNCT
taxlaw-2855	94	28	2016	2016	NUM
taxlaw-2855	94	29	)	)	PUNCT
taxlaw-2855	94	30	(	(	PUNCT
taxlaw-2855	94	31	suggesting	suggest	VERB
taxlaw-2855	94	32	that	that	SCONJ
taxlaw-2855	94	33	the	the	DET
taxlaw-2855	94	34	fact	fact	NOUN
taxlaw-2855	94	35	that	that	SCONJ
taxlaw-2855	94	36	portions	portion	NOUN
taxlaw-2855	94	37	of	of	ADP
taxlaw-2855	94	38	the	the	DET
taxlaw-2855	94	39	legislative	legislative	ADJ
taxlaw-2855	94	40	history	history	NOUN
taxlaw-2855	94	41	of	of	ADP
taxlaw-2855	94	42	a	a	DET
taxlaw-2855	94	43	given	give	VERB
taxlaw-2855	94	44	statute	statute	NOUN
taxlaw-2855	94	45	were	be	AUX
taxlaw-2855	94	46	not	not	PART
taxlaw-2855	94	47	enacted	enact	VERB
taxlaw-2855	94	48	into	into	ADP
taxlaw-2855	94	49	law	law	NOUN
taxlaw-2855	94	50	,	,	PUNCT
taxlaw-2855	94	51	despite	despite	SCONJ
taxlaw-2855	94	52	legislators	legislator	NOUN
taxlaw-2855	94	53	’	’	PART
taxlaw-2855	94	54	awareness	awareness	NOUN
taxlaw-2855	94	55	that	that	SCONJ
taxlaw-2855	94	56	legislative	legislative	ADJ
taxlaw-2855	94	57	history	history	NOUN
taxlaw-2855	94	58	does	do	AUX
taxlaw-2855	94	59	not	not	PART
taxlaw-2855	94	60	have	have	AUX
taxlaw-2855	94	61	the	the	DET
taxlaw-2855	94	62	force	force	NOUN
taxlaw-2855	94	63	of	of	ADP
taxlaw-2855	94	64	law	law	NOUN
taxlaw-2855	94	65	,	,	PUNCT
taxlaw-2855	94	66	suggests	suggest	VERB
taxlaw-2855	94	67	that	that	SCONJ
taxlaw-2855	94	68	legislators	legislator	NOUN
taxlaw-2855	94	69	did	do	AUX
taxlaw-2855	94	70	not	not	PART
taxlaw-2855	94	71	believe	believe	VERB
taxlaw-2855	94	72	that	that	SCONJ
taxlaw-2855	94	73	the	the	DET
taxlaw-2855	94	74	contents	content	NOUN
taxlaw-2855	94	75	of	of	ADP
taxlaw-2855	94	76	the	the	DET
taxlaw-2855	94	77	legislative	legislative	ADJ
taxlaw-2855	94	78	history	history	NOUN
taxlaw-2855	94	79	could	could	AUX
taxlaw-2855	94	80	pass	pass	VERB
taxlaw-2855	94	81	)	)	PUNCT
taxlaw-2855	94	82	.	.	PUNCT
taxlaw-2855	95	1	16	16	NUM
taxlaw-2855	95	2	in	in	ADP
taxlaw-2855	95	3	fact	fact	NOUN
taxlaw-2855	95	4	,	,	PUNCT
taxlaw-2855	95	5	the	the	DET
taxlaw-2855	95	6	irs	irs	PROPN
taxlaw-2855	95	7	tried	try	VERB
taxlaw-2855	95	8	to	to	PART
taxlaw-2855	95	9	stretch	stretch	VERB
taxlaw-2855	95	10	section	section	NOUN
taxlaw-2855	95	11	956	956	NUM
taxlaw-2855	95	12	in	in	ADP
taxlaw-2855	95	13	ludwig	ludwig	PROPN
taxlaw-2855	95	14	v.	v.	PROPN
taxlaw-2855	95	15	commissioner	commissioner	PROPN
taxlaw-2855	95	16	,	,	PUNCT
taxlaw-2855	95	17	68	68	NUM
taxlaw-2855	95	18	t.c	t.c	PROPN
taxlaw-2855	95	19	.	.	PROPN
taxlaw-2855	95	20	979	979	NUM
taxlaw-2855	95	21	(	(	PUNCT
taxlaw-2855	95	22	1977	1977	NUM
taxlaw-2855	95	23	)	)	PUNCT
taxlaw-2855	95	24	.	.	PUNCT
taxlaw-2855	96	1	in	in	ADP
taxlaw-2855	96	2	ludwig	ludwig	PROPN
taxlaw-2855	96	3	,	,	PUNCT
taxlaw-2855	96	4	the	the	DET
taxlaw-2855	96	5	taxpayer	taxpayer	NOUN
taxlaw-2855	96	6	,	,	PUNCT
taxlaw-2855	96	7	a	a	DET
taxlaw-2855	96	8	u.s	u.s	PROPN
taxlaw-2855	96	9	.	.	PROPN
taxlaw-2855	96	10	person	person	NOUN
taxlaw-2855	96	11	,	,	PUNCT
taxlaw-2855	96	12	pledged	pledge	VERB
taxlaw-2855	96	13	shares	share	NOUN
taxlaw-2855	96	14	of	of	ADP
taxlaw-2855	96	15	stock	stock	NOUN
taxlaw-2855	96	16	in	in	ADP
taxlaw-2855	96	17	“	"	PUNCT
taxlaw-2855	96	18	oceanic	oceanic	NOUN
taxlaw-2855	96	19	”	"	PUNCT
taxlaw-2855	96	20	,	,	PUNCT
taxlaw-2855	96	21	a	a	DET
taxlaw-2855	96	22	cfc	cfc	NOUN
taxlaw-2855	96	23	(	(	PUNCT
taxlaw-2855	96	24	whose	whose	DET
taxlaw-2855	96	25	primary	primary	ADJ
taxlaw-2855	96	26	asset	asset	NOUN
taxlaw-2855	96	27	was	be	AUX
taxlaw-2855	96	28	stock	stock	NOUN
taxlaw-2855	96	29	in	in	ADP
taxlaw-2855	96	30	another	another	DET
taxlaw-2855	96	31	cfc	cfc	NOUN
taxlaw-2855	96	32	)	)	PUNCT
taxlaw-2855	96	33	,	,	PUNCT
taxlaw-2855	96	34	in	in	ADP
taxlaw-2855	96	35	order	order	NOUN
taxlaw-2855	96	36	to	to	PART
taxlaw-2855	96	37	secure	secure	VERB
taxlaw-2855	96	38	a	a	DET
taxlaw-2855	96	39	loan	loan	NOUN
taxlaw-2855	96	40	from	from	ADP
taxlaw-2855	96	41	a	a	DET
taxlaw-2855	96	42	third	third	ADJ
taxlaw-2855	96	43	party	party	NOUN
taxlaw-2855	96	44	.	.	PUNCT
taxlaw-2855	97	1	as	as	ADP
taxlaw-2855	97	2	part	part	NOUN
taxlaw-2855	97	3	of	of	ADP
taxlaw-2855	97	4	the	the	DET
taxlaw-2855	97	5	loan	loan	NOUN
taxlaw-2855	97	6	agreement	agreement	NOUN
taxlaw-2855	97	7	,	,	PUNCT
taxlaw-2855	97	8	the	the	DET
taxlaw-2855	97	9	taxpayer	taxpayer	NOUN
taxlaw-2855	97	10	entered	enter	VERB
taxlaw-2855	97	11	into	into	ADP
taxlaw-2855	97	12	a	a	DET
taxlaw-2855	97	13	number	number	NOUN
taxlaw-2855	97	14	of	of	ADP
taxlaw-2855	97	15	negative	negative	ADJ
taxlaw-2855	97	16	covenants	covenant	NOUN
taxlaw-2855	97	17	.	.	PUNCT
taxlaw-2855	98	1	the	the	DET
taxlaw-2855	98	2	irs	irs	PROPN
taxlaw-2855	98	3	argued	argue	VERB
taxlaw-2855	98	4	that	that	SCONJ
taxlaw-2855	98	5	the	the	DET
taxlaw-2855	98	6	pledge	pledge	NOUN
taxlaw-2855	98	7	of	of	ADP
taxlaw-2855	98	8	cfc	cfc	PROPN
taxlaw-2855	98	9	stock	stock	PROPN
taxlaw-2855	98	10	was	be	AUX
taxlaw-2855	98	11	an	an	DET
taxlaw-2855	98	12	indirect	indirect	ADJ
taxlaw-2855	98	13	pledge	pledge	NOUN
taxlaw-2855	98	14	of	of	ADP
taxlaw-2855	98	15	its	its	PRON
taxlaw-2855	98	16	assets	asset	NOUN
taxlaw-2855	98	17	,	,	PUNCT
taxlaw-2855	98	18	and	and	CCONJ
taxlaw-2855	98	19	thus	thus	ADV
taxlaw-2855	98	20	implicated	implicate	VERB
taxlaw-2855	98	21	section	section	NOUN
taxlaw-2855	98	22	956	956	NUM
taxlaw-2855	98	23	.	.	PUNCT
taxlaw-2855	99	1	the	the	DET
taxlaw-2855	99	2	tax	tax	NOUN
taxlaw-2855	99	3	court	court	NOUN
taxlaw-2855	99	4	held	hold	VERB
taxlaw-2855	99	5	for	for	ADP
taxlaw-2855	99	6	the	the	DET
taxlaw-2855	99	7	taxpayer	taxpayer	NOUN
taxlaw-2855	99	8	,	,	PUNCT
taxlaw-2855	99	9	distinguishing	distinguish	VERB
taxlaw-2855	99	10	between	between	ADP
taxlaw-2855	99	11	situations	situation	NOUN
taxlaw-2855	99	12	in	in	ADP
taxlaw-2855	99	13	which	which	PRON
taxlaw-2855	99	14	a	a	DET
taxlaw-2855	99	15	taxpayer	taxpayer	NOUN
taxlaw-2855	99	16	receives	receive	VERB
taxlaw-2855	99	17	a	a	DET
taxlaw-2855	99	18	benefit	benefit	NOUN
taxlaw-2855	99	19	in	in	ADP
taxlaw-2855	99	20	respect	respect	NOUN
taxlaw-2855	99	21	of	of	ADP
taxlaw-2855	99	22	the	the	DET
taxlaw-2855	99	23	value	value	NOUN
taxlaw-2855	99	24	of	of	ADP
taxlaw-2855	99	25	a	a	DET
taxlaw-2855	99	26	cfc	cfc	NOUN
taxlaw-2855	99	27	’s	’s	PART
taxlaw-2855	99	28	assets	asset	NOUN
taxlaw-2855	99	29	and	and	CCONJ
taxlaw-2855	99	30	when	when	SCONJ
taxlaw-2855	99	31	such	such	ADJ
taxlaw-2855	99	32	benefit	benefit	NOUN
taxlaw-2855	99	33	is	be	AUX
taxlaw-2855	99	34	covered	cover	VERB
taxlaw-2855	99	35	by	by	ADP
taxlaw-2855	99	36	section	section	NOUN
taxlaw-2855	99	37	956	956	NUM
taxlaw-2855	99	38	:	:	PUNCT
taxlaw-2855	99	39	“	"	PUNCT
taxlaw-2855	99	40	that	that	DET
taxlaw-2855	99	41	petitioner	petitioner	NOUN
taxlaw-2855	99	42	realized	realize	VERB
taxlaw-2855	99	43	a	a	DET
taxlaw-2855	99	44	benefit	benefit	NOUN
taxlaw-2855	99	45	from	from	ADP
taxlaw-2855	99	46	owning	own	VERB
taxlaw-2855	99	47	and	and	CCONJ
taxlaw-2855	99	48	pledging	pledge	VERB
taxlaw-2855	99	49	his	his	PRON
taxlaw-2855	99	50	oceanic	oceanic	ADJ
taxlaw-2855	99	51	stock	stock	NOUN
taxlaw-2855	99	52	to	to	PART
taxlaw-2855	99	53	secure	secure	VERB
taxlaw-2855	99	54	the	the	DET
taxlaw-2855	99	55	bank	bank	NOUN
taxlaw-2855	99	56	loans	loan	NOUN
taxlaw-2855	99	57	does	do	AUX
taxlaw-2855	99	58	not	not	PART
taxlaw-2855	99	59	mean	mean	VERB
taxlaw-2855	99	60	that	that	SCONJ
taxlaw-2855	99	61	oceanic	oceanic	NOUN
taxlaw-2855	99	62	’s	’s	PART
taxlaw-2855	99	63	earnings	earning	NOUN
taxlaw-2855	99	64	were	be	AUX
taxlaw-2855	99	65	invested	invest	VERB
taxlaw-2855	99	66	in	in	ADP
taxlaw-2855	99	67	united	united	PROPN
taxlaw-2855	99	68	states	states	PROPN
taxlaw-2855	99	69	property	property	NOUN
taxlaw-2855	99	70	within	within	ADP
taxlaw-2855	99	71	the	the	DET
taxlaw-2855	99	72	meaning	meaning	NOUN
taxlaw-2855	99	73	of	of	ADP
taxlaw-2855	99	74	section	section	NOUN
taxlaw-2855	99	75	951	951	NUM
taxlaw-2855	99	76	.	.	PUNCT
taxlaw-2855	100	1	neither	neither	CCONJ
taxlaw-2855	100	2	that	that	DET
taxlaw-2855	100	3	section	section	NOUN
taxlaw-2855	100	4	nor	nor	CCONJ
taxlaw-2855	100	5	section	section	NOUN
taxlaw-2855	100	6	956(c	956(c	PROPN
taxlaw-2855	100	7	)	)	PUNCT
taxlaw-2855	100	8	reaches	reach	VERB
taxlaw-2855	100	9	every	every	DET
taxlaw-2855	100	10	benefit	benefit	NOUN
taxlaw-2855	100	11	derived	derive	VERB
taxlaw-2855	100	12	from	from	ADP
taxlaw-2855	100	13	the	the	DET
taxlaw-2855	100	14	ownership	ownership	NOUN
taxlaw-2855	100	15	of	of	ADP
taxlaw-2855	100	16	stock	stock	NOUN
taxlaw-2855	100	17	in	in	ADP
taxlaw-2855	100	18	a	a	DET
taxlaw-2855	100	19	controlled	control	VERB
taxlaw-2855	100	20	foreign	foreign	ADJ
taxlaw-2855	100	21	corporation	corporation	NOUN
taxlaw-2855	100	22	.	.	PUNCT
taxlaw-2855	100	23	”	"	PUNCT
taxlaw-2855	101	1	i	i	PRON
taxlaw-2855	101	2	d.	d.	PROPN
taxlaw-2855	101	3	at	at	ADP
taxlaw-2855	101	4	988	988	NUM
taxlaw-2855	101	5	.	.	PUNCT
taxlaw-2855	102	1	in	in	ADP
taxlaw-2855	102	2	1980	1980	NUM
taxlaw-2855	102	3	,	,	PUNCT
taxlaw-2855	102	4	the	the	DET
taxlaw-2855	102	5	treasury	treasury	PROPN
taxlaw-2855	102	6	department	department	PROPN
taxlaw-2855	102	7	amended	amend	VERB
taxlaw-2855	102	8	treasury	treasury	PROPN
taxlaw-2855	102	9	regulations	regulation	NOUN
taxlaw-2855	102	10	section	section	NOUN
taxlaw-2855	102	11	1.956	1.956	NUM
taxlaw-2855	102	12	-	-	SYM
taxlaw-2855	102	13	2(c)(2	2(c)(2	NUM
taxlaw-2855	102	14	)	)	PUNCT
taxlaw-2855	102	15	to	to	PART
taxlaw-2855	102	16	provide	provide	VERB
taxlaw-2855	102	17	that	that	SCONJ
taxlaw-2855	102	18	a	a	DET
taxlaw-2855	102	19	pledge	pledge	NOUN
taxlaw-2855	102	20	of	of	ADP
taxlaw-2855	102	21	at	at	ADV
taxlaw-2855	102	22	least	least	ADV
taxlaw-2855	102	23	66	66	NUM
taxlaw-2855	102	24	and	and	CCONJ
taxlaw-2855	102	25	2/3rds	2/3rds	NUM
taxlaw-2855	102	26	percent	percent	NOUN
taxlaw-2855	102	27	of	of	ADP
taxlaw-2855	102	28	the	the	DET
taxlaw-2855	102	29	voting	voting	NOUN
taxlaw-2855	102	30	stock	stock	NOUN
taxlaw-2855	102	31	of	of	ADP
taxlaw-2855	102	32	a	a	DET
taxlaw-2855	102	33	cfc	cfc	NOUN
taxlaw-2855	102	34	is	be	AUX
taxlaw-2855	102	35	treated	treat	VERB
taxlaw-2855	102	36	as	as	ADP
taxlaw-2855	102	37	an	an	DET
taxlaw-2855	102	38	indirect	indirect	ADJ
taxlaw-2855	102	39	pledge	pledge	NOUN
taxlaw-2855	102	40	of	of	ADP
taxlaw-2855	102	41	the	the	DET
taxlaw-2855	102	42	cfc	cfc	NOUN
taxlaw-2855	102	43	’s	’s	PART
taxlaw-2855	102	44	assets	asset	NOUN
taxlaw-2855	102	45	.	.	PUNCT
taxlaw-2855	103	1	t.d	t.d	PROPN
taxlaw-2855	103	2	.	.	PROPN
taxlaw-2855	103	3	7712	7712	NUM
taxlaw-2855	103	4	(	(	PUNCT
taxlaw-2855	103	5	aug	aug	PROPN
taxlaw-2855	103	6	.	.	PROPN
taxlaw-2855	103	7	6	6	NUM
taxlaw-2855	103	8	,	,	PUNCT
taxlaw-2855	103	9	1980	1980	NUM
taxlaw-2855	103	10	)	)	PUNCT
taxlaw-2855	103	11	.	.	PUNCT
taxlaw-2855	104	1	332	332	NUM
taxlaw-2855	104	2	columbia	columbia	PROPN
taxlaw-2855	104	3	journal	journal	PROPN
taxlaw-2855	104	4	of	of	ADP
taxlaw-2855	104	5	tax	tax	NOUN
taxlaw-2855	104	6	law	law	NOUN
taxlaw-2855	104	7	[	[	X
taxlaw-2855	104	8	vol.8:326	vol.8:326	ADJ
taxlaw-2855	104	9	the	the	DET
taxlaw-2855	104	10	fifth	fifth	ADJ
taxlaw-2855	104	11	question	question	NOUN
taxlaw-2855	104	12	involves	involve	VERB
taxlaw-2855	104	13	the	the	DET
taxlaw-2855	104	14	last	last	ADJ
taxlaw-2855	104	15	phrase	phrase	NOUN
taxlaw-2855	104	16	,	,	PUNCT
taxlaw-2855	104	17	“	"	PUNCT
taxlaw-2855	104	18	through	through	ADP
taxlaw-2855	104	19	reorganizations	reorganization	NOUN
taxlaw-2855	104	20	or	or	CCONJ
taxlaw-2855	104	21	otherwise	otherwise	ADV
taxlaw-2855	104	22	.	.	PUNCT
taxlaw-2855	104	23	”	"	PUNCT
taxlaw-2855	105	1	that	that	PRON
taxlaw-2855	105	2	sounds	sound	VERB
taxlaw-2855	105	3	like	like	SCONJ
taxlaw-2855	105	4	the	the	DET
taxlaw-2855	105	5	legislators	legislator	NOUN
taxlaw-2855	105	6	had	have	VERB
taxlaw-2855	105	7	something	something	PRON
taxlaw-2855	105	8	specific	specific	ADJ
taxlaw-2855	105	9	in	in	ADP
taxlaw-2855	105	10	mind	mind	NOUN
taxlaw-2855	105	11	.	.	PUNCT
taxlaw-2855	106	1	if	if	SCONJ
taxlaw-2855	106	2	we	we	PRON
taxlaw-2855	106	3	find	find	VERB
taxlaw-2855	106	4	something	something	PRON
taxlaw-2855	106	5	specific	specific	ADJ
taxlaw-2855	106	6	in	in	ADP
taxlaw-2855	106	7	the	the	DET
taxlaw-2855	106	8	legislative	legislative	ADJ
taxlaw-2855	106	9	history	history	NOUN
taxlaw-2855	106	10	(	(	PUNCT
taxlaw-2855	106	11	which	which	PRON
taxlaw-2855	106	12	turns	turn	VERB
taxlaw-2855	106	13	out	out	ADP
taxlaw-2855	106	14	to	to	PART
taxlaw-2855	106	15	be	be	AUX
taxlaw-2855	106	16	an	an	DET
taxlaw-2855	106	17	invocation	invocation	NOUN
taxlaw-2855	106	18	to	to	PART
taxlaw-2855	106	19	prevent	prevent	VERB
taxlaw-2855	106	20	arbitraging	arbitraging	NOUN
taxlaw-2855	106	21	section	section	NOUN
taxlaw-2855	106	22	956	956	NUM
taxlaw-2855	106	23	against	against	ADP
taxlaw-2855	106	24	now	now	ADV
taxlaw-2855	106	25	-	-	PUNCT
taxlaw-2855	106	26	repealed	repeal	VERB
taxlaw-2855	106	27	section	section	NOUN
taxlaw-2855	106	28	956a),17	956a),17	NUM
taxlaw-2855	106	29	does	do	AUX
taxlaw-2855	106	30	that	that	PRON
taxlaw-2855	106	31	mean	mean	VERB
taxlaw-2855	106	32	that	that	SCONJ
taxlaw-2855	106	33	we	we	PRON
taxlaw-2855	106	34	should	should	AUX
taxlaw-2855	106	35	reject	reject	VERB
taxlaw-2855	106	36	that	that	SCONJ
taxlaw-2855	106	37	there	there	PRON
taxlaw-2855	106	38	is	be	VERB
taxlaw-2855	106	39	any	any	DET
taxlaw-2855	106	40	additional	additional	ADJ
taxlaw-2855	106	41	content	content	NOUN
taxlaw-2855	106	42	to	to	ADP
taxlaw-2855	106	43	this	this	DET
taxlaw-2855	106	44	phrase	phrase	NOUN
taxlaw-2855	106	45	?	?	PUNCT
taxlaw-2855	107	1	and	and	CCONJ
taxlaw-2855	107	2	,	,	PUNCT
taxlaw-2855	107	3	last	last	ADJ
taxlaw-2855	107	4	but	but	CCONJ
taxlaw-2855	107	5	not	not	PART
taxlaw-2855	107	6	least	least	ADJ
taxlaw-2855	107	7	,	,	PUNCT
taxlaw-2855	107	8	does	do	AUX
taxlaw-2855	107	9	the	the	DET
taxlaw-2855	107	10	invocation	invocation	NOUN
taxlaw-2855	107	11	of	of	ADP
taxlaw-2855	107	12	reorganizations	reorganization	NOUN
taxlaw-2855	107	13	mean	mean	VERB
taxlaw-2855	107	14	to	to	PART
taxlaw-2855	107	15	lower	lower	VERB
taxlaw-2855	107	16	the	the	DET
taxlaw-2855	107	17	otherwise	otherwise	ADV
taxlaw-2855	107	18	applicable	applicable	ADJ
taxlaw-2855	107	19	standards	standard	NOUN
taxlaw-2855	107	20	,	,	PUNCT
taxlaw-2855	107	21	such	such	ADJ
taxlaw-2855	107	22	that	that	SCONJ
taxlaw-2855	107	23	what	what	PRON
taxlaw-2855	107	24	might	might	AUX
taxlaw-2855	107	25	not	not	PART
taxlaw-2855	107	26	have	have	AUX
taxlaw-2855	107	27	been	be	AUX
taxlaw-2855	107	28	found	find	VERB
taxlaw-2855	107	29	permissible	permissible	ADJ
taxlaw-2855	107	30	in	in	ADP
taxlaw-2855	107	31	general	general	ADJ
taxlaw-2855	107	32	is	be	AUX
taxlaw-2855	107	33	suddenly	suddenly	ADV
taxlaw-2855	107	34	permissible	permissible	ADJ
taxlaw-2855	107	35	if	if	SCONJ
taxlaw-2855	107	36	a	a	DET
taxlaw-2855	107	37	reorganization	reorganization	NOUN
taxlaw-2855	107	38	is	be	AUX
taxlaw-2855	107	39	involved	involve	VERB
taxlaw-2855	107	40	?	?	PUNCT
taxlaw-2855	108	1	these	these	PRON
taxlaw-2855	108	2	are	be	AUX
taxlaw-2855	108	3	hard	hard	ADJ
taxlaw-2855	108	4	questions	question	NOUN
taxlaw-2855	108	5	,	,	PUNCT
taxlaw-2855	108	6	no	no	ADV
taxlaw-2855	108	7	doubt	doubt	ADV
taxlaw-2855	108	8	.	.	PUNCT
taxlaw-2855	109	1	we	we	PRON
taxlaw-2855	109	2	believe	believe	VERB
taxlaw-2855	109	3	there	there	PRON
taxlaw-2855	109	4	are	be	VERB
taxlaw-2855	109	5	many	many	ADJ
taxlaw-2855	109	6	reasonable	reasonable	ADJ
taxlaw-2855	109	7	answers	answer	NOUN
taxlaw-2855	109	8	,	,	PUNCT
taxlaw-2855	109	9	and	and	CCONJ
taxlaw-2855	109	10	the	the	DET
taxlaw-2855	109	11	executive	executive	NOUN
taxlaw-2855	109	12	should	should	AUX
taxlaw-2855	109	13	prevail	prevail	VERB
taxlaw-2855	109	14	if	if	SCONJ
taxlaw-2855	109	15	its	its	PRON
taxlaw-2855	109	16	regulations	regulation	NOUN
taxlaw-2855	109	17	can	can	AUX
taxlaw-2855	109	18	be	be	AUX
taxlaw-2855	109	19	supported	support	VERB
taxlaw-2855	109	20	by	by	ADP
taxlaw-2855	109	21	any	any	PRON
taxlaw-2855	109	22	of	of	ADP
taxlaw-2855	109	23	those	those	PRON
taxlaw-2855	109	24	.	.	PUNCT
taxlaw-2855	110	1	but	but	CCONJ
taxlaw-2855	110	2	some	some	DET
taxlaw-2855	110	3	answers	answer	NOUN
taxlaw-2855	110	4	are	be	AUX
taxlaw-2855	110	5	unreasonable	unreasonable	ADJ
taxlaw-2855	110	6	,	,	PUNCT
taxlaw-2855	110	7	and	and	CCONJ
taxlaw-2855	110	8	if	if	SCONJ
taxlaw-2855	110	9	the	the	DET
taxlaw-2855	110	10	executive	executive	NOUN
taxlaw-2855	110	11	’s	’s	PART
taxlaw-2855	110	12	regulations	regulation	NOUN
taxlaw-2855	110	13	can	can	AUX
taxlaw-2855	110	14	only	only	ADV
taxlaw-2855	110	15	be	be	AUX
taxlaw-2855	110	16	defended	defend	VERB
taxlaw-2855	110	17	on	on	ADP
taxlaw-2855	110	18	that	that	DET
taxlaw-2855	110	19	basis	basis	NOUN
taxlaw-2855	110	20	,	,	PUNCT
taxlaw-2855	110	21	then	then	ADV
taxlaw-2855	110	22	they	they	PRON
taxlaw-2855	110	23	have	have	VERB
taxlaw-2855	110	24	a	a	DET
taxlaw-2855	110	25	problem	problem	NOUN
taxlaw-2855	110	26	.	.	PUNCT
taxlaw-2855	111	1	b.	b.	PROPN
taxlaw-2855	112	1	a	a	DET
taxlaw-2855	112	2	regulation	regulation	NOUN
taxlaw-2855	112	3	is	be	AUX
taxlaw-2855	112	4	not	not	PART
taxlaw-2855	112	5	authorized	authorize	VERB
taxlaw-2855	112	6	if	if	SCONJ
taxlaw-2855	112	7	it	it	PRON
taxlaw-2855	112	8	violates	violate	VERB
taxlaw-2855	112	9	another	another	DET
taxlaw-2855	112	10	,	,	PUNCT
taxlaw-2855	112	11	separate	separate	ADJ
taxlaw-2855	112	12	,	,	PUNCT
taxlaw-2855	112	13	principle	principle	NOUN
taxlaw-2855	112	14	of	of	ADP
taxlaw-2855	112	15	law	law	NOUN
taxlaw-2855	112	16	.	.	PUNCT
taxlaw-2855	113	1	18	18	NUM
taxlaw-2855	113	2	(	(	PUNCT
taxlaw-2855	113	3	and	and	CCONJ
taxlaw-2855	113	4	authority	authority	NOUN
taxlaw-2855	113	5	to	to	PART
taxlaw-2855	113	6	promulgate	promulgate	VERB
taxlaw-2855	113	7	broad	broad	ADJ
taxlaw-2855	113	8	regulations	regulation	NOUN
taxlaw-2855	113	9	does	do	AUX
taxlaw-2855	113	10	not	not	PART
taxlaw-2855	113	11	demonstrate	demonstrate	VERB
taxlaw-2855	113	12	authority	authority	NOUN
taxlaw-2855	113	13	to	to	PART
taxlaw-2855	113	14	promulgate	promulgate	VERB
taxlaw-2855	113	15	every	every	DET
taxlaw-2855	113	16	narrower	narrower	ADV
taxlaw-2855	113	17	-	-	PUNCT
taxlaw-2855	113	18	included	include	VERB
taxlaw-2855	113	19	subset	subset	NOUN
taxlaw-2855	113	20	of	of	ADP
taxlaw-2855	113	21	such	such	ADJ
taxlaw-2855	113	22	regulations).19	regulations).19	PROPN
taxlaw-2855	113	23	assume	assume	VERB
taxlaw-2855	113	24	,	,	PUNCT
taxlaw-2855	113	25	for	for	ADP
taxlaw-2855	113	26	example	example	NOUN
taxlaw-2855	113	27	,	,	PUNCT
taxlaw-2855	113	28	that	that	SCONJ
taxlaw-2855	113	29	it	it	PRON
taxlaw-2855	113	30	is	be	AUX
taxlaw-2855	113	31	true	true	ADJ
taxlaw-2855	113	32	(	(	PUNCT
taxlaw-2855	113	33	which	which	PRON
taxlaw-2855	113	34	we	we	PRON
taxlaw-2855	113	35	believe	believe	VERB
taxlaw-2855	113	36	it	it	PRON
taxlaw-2855	113	37	is	be	AUX
taxlaw-2855	113	38	)	)	PUNCT
taxlaw-2855	113	39	that	that	SCONJ
taxlaw-2855	113	40	sufficient	sufficient	ADJ
taxlaw-2855	113	41	authority	authority	NOUN
taxlaw-2855	113	42	has	have	AUX
taxlaw-2855	113	43	been	be	AUX
taxlaw-2855	113	44	delegated	delegate	VERB
taxlaw-2855	113	45	under	under	ADP
taxlaw-2855	113	46	section	section	NOUN
taxlaw-2855	113	47	385	385	NUM
taxlaw-2855	113	48	to	to	PART
taxlaw-2855	113	49	promulgate	promulgate	VERB
taxlaw-2855	113	50	regulations	regulation	NOUN
taxlaw-2855	113	51	that	that	PRON
taxlaw-2855	113	52	recharacterize	recharacterize	VERB
taxlaw-2855	113	53	all	all	DET
taxlaw-2855	113	54	related	relate	VERB
taxlaw-2855	113	55	-	-	PUNCT
taxlaw-2855	113	56	party	party	NOUN
taxlaw-2855	113	57	debt	debt	NOUN
taxlaw-2855	113	58	as	as	ADP
taxlaw-2855	113	59	equity.20	equity.20	NOUN
taxlaw-2855	113	60	does	do	AUX
taxlaw-2855	113	61	that	that	PRON
taxlaw-2855	113	62	mean	mean	VERB
taxlaw-2855	113	63	that	that	SCONJ
taxlaw-2855	113	64	no	no	DET
taxlaw-2855	113	65	further	further	ADJ
taxlaw-2855	113	66	inquiry	inquiry	NOUN
taxlaw-2855	113	67	is	be	AUX
taxlaw-2855	113	68	necessary	necessary	ADJ
taxlaw-2855	113	69	if	if	SCONJ
taxlaw-2855	113	70	the	the	DET
taxlaw-2855	113	71	regulations	regulation	NOUN
taxlaw-2855	113	72	take	take	VERB
taxlaw-2855	113	73	an	an	DET
taxlaw-2855	113	74	even	even	ADV
taxlaw-2855	113	75	narrower	narrow	ADJ
taxlaw-2855	113	76	approach	approach	NOUN
taxlaw-2855	113	77	?	?	PUNCT
taxlaw-2855	114	1	if	if	SCONJ
taxlaw-2855	114	2	the	the	DET
taxlaw-2855	114	3	executive	executive	NOUN
taxlaw-2855	114	4	has	have	VERB
taxlaw-2855	114	5	the	the	DET
taxlaw-2855	114	6	power	power	NOUN
taxlaw-2855	114	7	to	to	PART
taxlaw-2855	114	8	turn	turn	VERB
taxlaw-2855	114	9	all	all	DET
taxlaw-2855	114	10	such	such	ADJ
taxlaw-2855	114	11	instruments	instrument	NOUN
taxlaw-2855	114	12	into	into	ADP
taxlaw-2855	114	13	equity	equity	NOUN
taxlaw-2855	114	14	,	,	PUNCT
taxlaw-2855	114	15	does	do	AUX
taxlaw-2855	114	16	that	that	PRON
taxlaw-2855	114	17	not	not	PART
taxlaw-2855	114	18	imply	imply	VERB
taxlaw-2855	114	19	that	that	SCONJ
taxlaw-2855	114	20	it	it	PRON
taxlaw-2855	114	21	has	have	VERB
taxlaw-2855	114	22	the	the	DET
taxlaw-2855	114	23	power	power	NOUN
taxlaw-2855	114	24	to	to	PART
taxlaw-2855	114	25	turn	turn	VERB
taxlaw-2855	114	26	a	a	DET
taxlaw-2855	114	27	subset	subset	NOUN
taxlaw-2855	114	28	of	of	ADP
taxlaw-2855	114	29	such	such	ADJ
taxlaw-2855	114	30	instruments	instrument	NOUN
taxlaw-2855	114	31	into	into	ADP
taxlaw-2855	114	32	equity	equity	NOUN
taxlaw-2855	114	33	?	?	PUNCT
taxlaw-2855	115	1	suppose	suppose	VERB
taxlaw-2855	115	2	the	the	DET
taxlaw-2855	115	3	narrower	narrow	ADJ
taxlaw-2855	115	4	regulations	regulation	NOUN
taxlaw-2855	115	5	recharacterized	recharacterize	VERB
taxlaw-2855	115	6	related	relate	VERB
taxlaw-2855	115	7	-	-	PUNCT
taxlaw-2855	115	8	party	party	NOUN
taxlaw-2855	115	9	debt	debt	NOUN
taxlaw-2855	115	10	only	only	ADV
taxlaw-2855	115	11	in	in	ADP
taxlaw-2855	115	12	cases	case	NOUN
taxlaw-2855	115	13	where	where	SCONJ
taxlaw-2855	115	14	the	the	DET
taxlaw-2855	115	15	ceo	ceo	NOUN
taxlaw-2855	115	16	of	of	ADP
taxlaw-2855	115	17	the	the	DET
taxlaw-2855	115	18	us	us	PROPN
taxlaw-2855	115	19	company	company	NOUN
taxlaw-2855	115	20	was	be	AUX
taxlaw-2855	115	21	a	a	DET
taxlaw-2855	115	22	woman	woman	NOUN
taxlaw-2855	115	23	?	?	PUNCT
taxlaw-2855	116	1	a	a	DET
taxlaw-2855	116	2	silly	silly	ADJ
taxlaw-2855	116	3	example	example	NOUN
taxlaw-2855	116	4	,	,	PUNCT
taxlaw-2855	116	5	perhaps	perhaps	ADV
taxlaw-2855	116	6	,	,	PUNCT
taxlaw-2855	116	7	but	but	CCONJ
taxlaw-2855	116	8	an	an	DET
taxlaw-2855	116	9	illustrative	illustrative	ADJ
taxlaw-2855	116	10	one	one	NUM
taxlaw-2855	116	11	.	.	PUNCT
taxlaw-2855	117	1	these	these	DET
taxlaw-2855	117	2	regulations	regulation	NOUN
taxlaw-2855	117	3	would	would	AUX
taxlaw-2855	117	4	be	be	AUX
taxlaw-2855	117	5	improper	improper	ADJ
taxlaw-2855	117	6	because	because	SCONJ
taxlaw-2855	117	7	their	their	PRON
taxlaw-2855	117	8	narrow	narrow	ADJ
taxlaw-2855	117	9	enforcement	enforcement	NOUN
taxlaw-2855	117	10	violates	violate	VERB
taxlaw-2855	117	11	a	a	DET
taxlaw-2855	117	12	separate	separate	ADJ
taxlaw-2855	117	13	and	and	CCONJ
taxlaw-2855	117	14	in	in	ADP
taxlaw-2855	117	15	this	this	DET
taxlaw-2855	117	16	case	case	NOUN
taxlaw-2855	117	17	clearly	clearly	ADV
taxlaw-2855	117	18	superseding	supersede	VERB
taxlaw-2855	117	19	principle	principle	NOUN
taxlaw-2855	117	20	of	of	ADP
taxlaw-2855	117	21	law	law	NOUN
taxlaw-2855	117	22	.	.	PUNCT
taxlaw-2855	118	1	21	21	NUM
taxlaw-2855	118	2	this	this	DET
taxlaw-2855	118	3	conclusion	conclusion	NOUN
taxlaw-2855	118	4	holds	hold	VERB
taxlaw-2855	118	5	whether	whether	SCONJ
taxlaw-2855	118	6	the	the	DET
taxlaw-2855	118	7	law	law	NOUN
taxlaw-2855	118	8	being	be	AUX
taxlaw-2855	118	9	violated	violate	VERB
taxlaw-2855	118	10	is	be	AUX
taxlaw-2855	118	11	supreme	supreme	ADJ
taxlaw-2855	118	12	(	(	PUNCT
taxlaw-2855	118	13	the	the	DET
taxlaw-2855	118	14	constitution	constitution	NOUN
taxlaw-2855	118	15	)	)	PUNCT
taxlaw-2855	118	16	to	to	ADP
taxlaw-2855	118	17	the	the	DET
taxlaw-2855	118	18	law	law	NOUN
taxlaw-2855	118	19	17	17	NUM
taxlaw-2855	118	20	see	see	NOUN
taxlaw-2855	118	21	conference	conference	NOUN
taxlaw-2855	118	22	committee	committee	NOUN
taxlaw-2855	118	23	report	report	NOUN
taxlaw-2855	118	24	on	on	ADP
taxlaw-2855	118	25	p.l	p.l	PROPN
taxlaw-2855	118	26	.	.	PROPN
taxlaw-2855	118	27	103	103	NUM
taxlaw-2855	118	28	-	-	SYM
taxlaw-2855	118	29	66	66	NUM
taxlaw-2855	118	30	(	(	PUNCT
taxlaw-2855	118	31	“	"	PUNCT
taxlaw-2855	118	32	the	the	DET
taxlaw-2855	118	33	conference	conference	NOUN
taxlaw-2855	118	34	agreement	agreement	NOUN
taxlaw-2855	118	35	also	also	ADV
taxlaw-2855	118	36	provides	provide	VERB
taxlaw-2855	118	37	regulatory	regulatory	ADJ
taxlaw-2855	118	38	authority	authority	NOUN
taxlaw-2855	118	39	under	under	ADP
taxlaw-2855	118	40	which	which	PRON
taxlaw-2855	118	41	the	the	DET
taxlaw-2855	118	42	treasury	treasury	NOUN
taxlaw-2855	118	43	is	be	AUX
taxlaw-2855	118	44	instructed	instruct	VERB
taxlaw-2855	118	45	to	to	PART
taxlaw-2855	118	46	prescribe	prescribe	VERB
taxlaw-2855	118	47	such	such	ADJ
taxlaw-2855	118	48	regulations	regulation	NOUN
taxlaw-2855	118	49	as	as	SCONJ
taxlaw-2855	118	50	may	may	AUX
taxlaw-2855	118	51	be	be	AUX
taxlaw-2855	118	52	necessary	necessary	ADJ
taxlaw-2855	118	53	to	to	PART
taxlaw-2855	118	54	carry	carry	VERB
taxlaw-2855	118	55	out	out	ADP
taxlaw-2855	118	56	the	the	DET
taxlaw-2855	118	57	purposes	purpose	NOUN
taxlaw-2855	118	58	of	of	ADP
taxlaw-2855	118	59	section	section	NOUN
taxlaw-2855	118	60	956	956	NUM
taxlaw-2855	118	61	,	,	PUNCT
taxlaw-2855	118	62	and	and	CCONJ
taxlaw-2855	118	63	to	to	PART
taxlaw-2855	118	64	prevent	prevent	VERB
taxlaw-2855	118	65	their	their	PRON
taxlaw-2855	118	66	avoidance	avoidance	NOUN
taxlaw-2855	118	67	.	.	PUNCT
taxlaw-2855	119	1	within	within	ADP
taxlaw-2855	119	2	this	this	DET
taxlaw-2855	119	3	authority	authority	NOUN
taxlaw-2855	119	4	,	,	PUNCT
taxlaw-2855	119	5	the	the	DET
taxlaw-2855	119	6	conferees	conferee	NOUN
taxlaw-2855	119	7	anticipate	anticipate	VERB
taxlaw-2855	119	8	that	that	SCONJ
taxlaw-2855	119	9	the	the	DET
taxlaw-2855	119	10	treasury	treasury	NOUN
taxlaw-2855	119	11	may	may	AUX
taxlaw-2855	119	12	prescribe	prescribe	VERB
taxlaw-2855	119	13	regulations	regulation	NOUN
taxlaw-2855	119	14	that	that	PRON
taxlaw-2855	119	15	,	,	PUNCT
taxlaw-2855	119	16	for	for	ADP
taxlaw-2855	119	17	example	example	NOUN
taxlaw-2855	119	18	,	,	PUNCT
taxlaw-2855	119	19	would	would	AUX
taxlaw-2855	119	20	prevent	prevent	VERB
taxlaw-2855	119	21	taxpayers	taxpayer	NOUN
taxlaw-2855	119	22	from	from	ADP
taxlaw-2855	119	23	taking	take	VERB
taxlaw-2855	119	24	advantage	advantage	NOUN
taxlaw-2855	119	25	of	of	ADP
taxlaw-2855	119	26	the	the	DET
taxlaw-2855	119	27	differences	difference	NOUN
taxlaw-2855	119	28	between	between	ADP
taxlaw-2855	119	29	the	the	DET
taxlaw-2855	119	30	excess	excess	ADJ
taxlaw-2855	119	31	passive	passive	ADJ
taxlaw-2855	119	32	asset	asset	NOUN
taxlaw-2855	119	33	rules	rule	NOUN
taxlaw-2855	119	34	and	and	CCONJ
taxlaw-2855	119	35	the	the	DET
taxlaw-2855	119	36	rules	rule	NOUN
taxlaw-2855	119	37	of	of	ADP
taxlaw-2855	119	38	section	section	NOUN
taxlaw-2855	119	39	956	956	NUM
taxlaw-2855	119	40	.	.	PUNCT
taxlaw-2855	119	41	”	"	PUNCT
taxlaw-2855	119	42	)	)	PUNCT
taxlaw-2855	119	43	.	.	PUNCT
taxlaw-2855	120	1	18	18	NUM
taxlaw-2855	120	2	see	see	VERB
taxlaw-2855	120	3	,	,	PUNCT
taxlaw-2855	120	4	e.g.	e.g.	ADV
taxlaw-2855	120	5	,	,	PUNCT
taxlaw-2855	120	6	nat’l	nat’l	NOUN
taxlaw-2855	120	7	family	family	NOUN
taxlaw-2855	120	8	planning	planning	NOUN
taxlaw-2855	120	9	and	and	CCONJ
taxlaw-2855	120	10	reproductive	reproductive	ADJ
taxlaw-2855	120	11	health	health	NOUN
taxlaw-2855	120	12	ass’n	ass’n	NOUN
taxlaw-2855	120	13	,	,	PUNCT
taxlaw-2855	120	14	inc	inc	PROPN
taxlaw-2855	120	15	.	.	PROPN
taxlaw-2855	121	1	v.	v.	PROPN
taxlaw-2855	121	2	gonzales	gonzales	PROPN
taxlaw-2855	121	3	,	,	PUNCT
taxlaw-2855	121	4	468	468	NUM
taxlaw-2855	121	5	f.3d	f.3d	NUM
taxlaw-2855	121	6	826	826	NUM
taxlaw-2855	121	7	,	,	PUNCT
taxlaw-2855	121	8	829	829	NUM
taxlaw-2855	121	9	(	(	PUNCT
taxlaw-2855	121	10	d.c	d.c	PROPN
taxlaw-2855	121	11	.	.	PROPN
taxlaw-2855	121	12	cir	cir	PROPN
taxlaw-2855	121	13	.	.	PROPN
taxlaw-2855	121	14	2006	2006	NUM
taxlaw-2855	121	15	)	)	PUNCT
taxlaw-2855	122	1	(	(	PUNCT
taxlaw-2855	122	2	“	"	PUNCT
taxlaw-2855	122	3	[	[	X
taxlaw-2855	122	4	o]f	o]f	NOUN
taxlaw-2855	122	5	course	course	NOUN
taxlaw-2855	122	6	[	[	X
taxlaw-2855	122	7	,	,	PUNCT
taxlaw-2855	122	8	]	]	X
taxlaw-2855	122	9	a	a	DET
taxlaw-2855	122	10	valid	valid	ADJ
taxlaw-2855	122	11	statute	statute	NOUN
taxlaw-2855	122	12	always	always	ADV
taxlaw-2855	122	13	prevails	prevail	VERB
taxlaw-2855	122	14	over	over	ADP
taxlaw-2855	122	15	a	a	DET
taxlaw-2855	122	16	conflicting	conflicting	ADJ
taxlaw-2855	122	17	regulation	regulation	NOUN
taxlaw-2855	122	18	.	.	PUNCT
taxlaw-2855	122	19	”	"	PUNCT
taxlaw-2855	122	20	)	)	PUNCT
taxlaw-2855	122	21	.	.	PUNCT
taxlaw-2855	123	1	19	19	NUM
taxlaw-2855	123	2	see	see	VERB
taxlaw-2855	123	3	,	,	PUNCT
taxlaw-2855	123	4	e.g.	e.g.	ADV
taxlaw-2855	123	5	,	,	PUNCT
taxlaw-2855	123	6	judulang	judulang	PROPN
taxlaw-2855	123	7	v.	v.	PROPN
taxlaw-2855	123	8	holder	holder	PROPN
taxlaw-2855	123	9	,	,	PUNCT
taxlaw-2855	123	10	132	132	NUM
taxlaw-2855	123	11	s.	s.	PROPN
taxlaw-2855	123	12	ct	ct	PROPN
taxlaw-2855	123	13	.	.	PROPN
taxlaw-2855	123	14	476	476	NUM
taxlaw-2855	123	15	,	,	PUNCT
taxlaw-2855	123	16	485	485	NUM
taxlaw-2855	123	17	(	(	PUNCT
taxlaw-2855	123	18	2011	2011	NUM
taxlaw-2855	123	19	)	)	PUNCT
taxlaw-2855	123	20	(	(	PUNCT
taxlaw-2855	123	21	explaining	explain	VERB
taxlaw-2855	123	22	that	that	SCONJ
taxlaw-2855	123	23	even	even	ADV
taxlaw-2855	123	24	though	though	SCONJ
taxlaw-2855	123	25	the	the	DET
taxlaw-2855	123	26	board	board	NOUN
taxlaw-2855	123	27	of	of	ADP
taxlaw-2855	123	28	immigration	immigration	NOUN
taxlaw-2855	123	29	appeals	appeal	NOUN
taxlaw-2855	123	30	“	"	PUNCT
taxlaw-2855	123	31	may	may	AUX
taxlaw-2855	123	32	well	well	ADV
taxlaw-2855	123	33	have	have	VERB
taxlaw-2855	123	34	legitimate	legitimate	ADJ
taxlaw-2855	123	35	reasons	reason	NOUN
taxlaw-2855	123	36	for	for	ADP
taxlaw-2855	123	37	limiting	limit	VERB
taxlaw-2855	123	38	[	[	PRON
taxlaw-2855	123	39	the	the	DET
taxlaw-2855	123	40	scope	scope	NOUN
taxlaw-2855	123	41	of	of	ADP
taxlaw-2855	123	42	a	a	DET
taxlaw-2855	123	43	statute	statute	NOUN
taxlaw-2855	123	44	permitting	permit	VERB
taxlaw-2855	123	45	discretionary	discretionary	ADJ
taxlaw-2855	123	46	relief	relief	NOUN
taxlaw-2855	123	47	]	]	PUNCT
taxlaw-2855	123	48	in	in	ADP
taxlaw-2855	123	49	deportation	deportation	NOUN
taxlaw-2855	123	50	cases	case	NOUN
taxlaw-2855	123	51	.	.	PUNCT
taxlaw-2855	123	52	.	.	PUNCT
taxlaw-2855	123	53	.	.	PUNCT
taxlaw-2855	124	1	it	it	PRON
taxlaw-2855	124	2	must	must	AUX
taxlaw-2855	124	3	do	do	VERB
taxlaw-2855	124	4	so	so	ADV
taxlaw-2855	124	5	in	in	ADP
taxlaw-2855	124	6	some	some	DET
taxlaw-2855	124	7	rational	rational	ADJ
taxlaw-2855	124	8	way	way	NOUN
taxlaw-2855	124	9	.	.	PUNCT
taxlaw-2855	125	1	if	if	SCONJ
taxlaw-2855	125	2	the	the	DET
taxlaw-2855	125	3	bia	bia	PROPN
taxlaw-2855	125	4	proposed	propose	VERB
taxlaw-2855	125	5	to	to	PART
taxlaw-2855	125	6	narrow	narrow	VERB
taxlaw-2855	125	7	the	the	DET
taxlaw-2855	125	8	class	class	NOUN
taxlaw-2855	125	9	of	of	ADP
taxlaw-2855	125	10	deportable	deportable	ADJ
taxlaw-2855	125	11	aliens	alien	NOUN
taxlaw-2855	125	12	eligible	eligible	ADJ
taxlaw-2855	125	13	to	to	PART
taxlaw-2855	125	14	seek	seek	VERB
taxlaw-2855	125	15	.	.	PUNCT
taxlaw-2855	125	16	.	.	PUNCT
taxlaw-2855	126	1	.	.	PUNCT
taxlaw-2855	127	1	relief	relief	NOUN
taxlaw-2855	127	2	by	by	ADP
taxlaw-2855	127	3	flipping	flip	VERB
taxlaw-2855	127	4	a	a	DET
taxlaw-2855	127	5	coin	coin	NOUN
taxlaw-2855	127	6	—	—	PUNCT
taxlaw-2855	127	7	heads	head	VERB
taxlaw-2855	127	8	an	an	DET
taxlaw-2855	127	9	alien	alien	NOUN
taxlaw-2855	127	10	may	may	AUX
taxlaw-2855	127	11	apply	apply	VERB
taxlaw-2855	127	12	for	for	ADP
taxlaw-2855	127	13	relief	relief	NOUN
taxlaw-2855	127	14	,	,	PUNCT
taxlaw-2855	127	15	tails	tail	NOUN
taxlaw-2855	127	16	he	he	PRON
taxlaw-2855	127	17	may	may	AUX
taxlaw-2855	127	18	not	not	PART
taxlaw-2855	127	19	—	—	PUNCT
taxlaw-2855	127	20	we	we	PRON
taxlaw-2855	127	21	would	would	AUX
taxlaw-2855	127	22	reverse	reverse	VERB
taxlaw-2855	127	23	the	the	DET
taxlaw-2855	127	24	policy	policy	NOUN
taxlaw-2855	127	25	in	in	ADP
taxlaw-2855	127	26	an	an	DET
taxlaw-2855	127	27	instant	instant	NOUN
taxlaw-2855	127	28	.	.	PUNCT
taxlaw-2855	128	1	that	that	PRON
taxlaw-2855	128	2	is	be	AUX
taxlaw-2855	128	3	because	because	SCONJ
taxlaw-2855	128	4	agency	agency	NOUN
taxlaw-2855	128	5	action	action	NOUN
taxlaw-2855	128	6	must	must	AUX
taxlaw-2855	128	7	be	be	AUX
taxlaw-2855	128	8	based	base	VERB
taxlaw-2855	128	9	on	on	ADP
taxlaw-2855	128	10	non	non	ADJ
taxlaw-2855	128	11	-	-	ADJ
taxlaw-2855	128	12	arbitrary	arbitrary	ADJ
taxlaw-2855	128	13	,	,	PUNCT
taxlaw-2855	128	14	‘	'	PUNCT
taxlaw-2855	128	15	relevant	relevant	ADJ
taxlaw-2855	128	16	factors	factor	NOUN
taxlaw-2855	128	17	,	,	PUNCT
taxlaw-2855	128	18	’	'	PUNCT
taxlaw-2855	128	19	which	which	PRON
taxlaw-2855	128	20	here	here	ADV
taxlaw-2855	128	21	means	mean	VERB
taxlaw-2855	128	22	that	that	SCONJ
taxlaw-2855	128	23	the	the	DET
taxlaw-2855	128	24	bia	bia	PROPN
taxlaw-2855	128	25	’s	’s	PART
taxlaw-2855	128	26	approach	approach	NOUN
taxlaw-2855	128	27	must	must	AUX
taxlaw-2855	128	28	be	be	AUX
taxlaw-2855	128	29	tied	tie	VERB
taxlaw-2855	128	30	,	,	PUNCT
taxlaw-2855	128	31	even	even	ADV
taxlaw-2855	128	32	if	if	SCONJ
taxlaw-2855	128	33	loosely	loosely	ADV
taxlaw-2855	128	34	,	,	PUNCT
taxlaw-2855	128	35	to	to	ADP
taxlaw-2855	128	36	the	the	DET
taxlaw-2855	128	37	purposes	purpose	NOUN
taxlaw-2855	128	38	of	of	ADP
taxlaw-2855	128	39	the	the	DET
taxlaw-2855	128	40	immigration	immigration	NOUN
taxlaw-2855	128	41	laws	law	NOUN
taxlaw-2855	128	42	or	or	CCONJ
taxlaw-2855	128	43	the	the	DET
taxlaw-2855	128	44	appropriate	appropriate	ADJ
taxlaw-2855	128	45	operation	operation	NOUN
taxlaw-2855	128	46	of	of	ADP
taxlaw-2855	128	47	the	the	DET
taxlaw-2855	128	48	immigration	immigration	NOUN
taxlaw-2855	128	49	system	system	NOUN
taxlaw-2855	128	50	.	.	PUNCT
taxlaw-2855	128	51	”	"	PUNCT
taxlaw-2855	128	52	)	)	PUNCT
taxlaw-2855	128	53	.	.	PUNCT
taxlaw-2855	129	1	20	20	NUM
taxlaw-2855	129	2	see	see	VERB
taxlaw-2855	129	3	infra	infra	NOUN
taxlaw-2855	129	4	notes	note	VERB
taxlaw-2855	129	5	82–84	82–84	NOUN
taxlaw-2855	129	6	and	and	CCONJ
taxlaw-2855	129	7	accompanying	accompany	VERB
taxlaw-2855	129	8	text	text	NOUN
taxlaw-2855	129	9	.	.	PUNCT
taxlaw-2855	130	1	21	21	NUM
taxlaw-2855	130	2	see	see	VERB
taxlaw-2855	130	3	davis	davis	PROPN
taxlaw-2855	130	4	v.	v.	PROPN
taxlaw-2855	130	5	passman	passman	PROPN
taxlaw-2855	130	6	,	,	PUNCT
taxlaw-2855	130	7	442	442	NUM
taxlaw-2855	130	8	u.s	u.s	PROPN
taxlaw-2855	130	9	.	.	PROPN
taxlaw-2855	130	10	228	228	NUM
taxlaw-2855	130	11	,	,	PUNCT
taxlaw-2855	130	12	234–35	234–35	NUM
taxlaw-2855	130	13	(	(	PUNCT
taxlaw-2855	130	14	1979	1979	NUM
taxlaw-2855	130	15	)	)	PUNCT
taxlaw-2855	130	16	(	(	PUNCT
taxlaw-2855	130	17	“	"	PUNCT
taxlaw-2855	130	18	to	to	PART
taxlaw-2855	130	19	withstand	withstand	VERB
taxlaw-2855	130	20	scrutiny	scrutiny	NOUN
taxlaw-2855	130	21	under	under	ADP
taxlaw-2855	130	22	the	the	DET
taxlaw-2855	130	23	equal	equal	ADJ
taxlaw-2855	130	24	protection	protection	NOUN
taxlaw-2855	130	25	component	component	NOUN
taxlaw-2855	130	26	of	of	ADP
taxlaw-2855	130	27	the	the	DET
taxlaw-2855	130	28	fifth	fifth	PROPN
taxlaw-2855	130	29	amendment	amendment	NOUN
taxlaw-2855	130	30	’s	’s	PART
taxlaw-2855	130	31	due	due	ADJ
taxlaw-2855	130	32	process	process	NOUN
taxlaw-2855	130	33	clause	clause	NOUN
taxlaw-2855	130	34	,	,	PUNCT
taxlaw-2855	130	35	‘	'	PUNCT
taxlaw-2855	130	36	classifications	classification	NOUN
taxlaw-2855	130	37	by	by	ADP
taxlaw-2855	130	38	gender	gender	NOUN
taxlaw-2855	130	39	must	must	AUX
taxlaw-2855	130	40	serve	serve	VERB
taxlaw-2855	130	41	important	important	ADJ
taxlaw-2855	130	42	governmental	governmental	ADJ
taxlaw-2855	130	43	objectives	objective	NOUN
taxlaw-2855	130	44	and	and	CCONJ
taxlaw-2855	130	45	must	must	AUX
taxlaw-2855	130	46	be	be	AUX
taxlaw-2855	130	47	substantially	substantially	ADV
taxlaw-2855	130	48	related	relate	VERB
taxlaw-2855	130	49	to	to	ADP
taxlaw-2855	130	50	achievement	achievement	NOUN
taxlaw-2855	130	51	of	of	ADP
taxlaw-2855	130	52	those	those	DET
taxlaw-2855	130	53	objectives	objective	NOUN
taxlaw-2855	130	54	.	.	PUNCT
taxlaw-2855	130	55	’	'	PUNCT
taxlaw-2855	130	56	”	"	PUNCT
taxlaw-2855	130	57	(	(	PUNCT
taxlaw-2855	130	58	quoting	quote	VERB
taxlaw-2855	130	59	craig	craig	PROPN
taxlaw-2855	130	60	v.	v.	PROPN
taxlaw-2855	130	61	boren	boren	PROPN
taxlaw-2855	130	62	,	,	PUNCT
taxlaw-2855	130	63	429	429	NUM
taxlaw-2855	130	64	u.s	u.s	PROPN
taxlaw-2855	130	65	.	.	PROPN
taxlaw-2855	130	66	190	190	NUM
taxlaw-2855	130	67	,	,	PUNCT
taxlaw-2855	130	68	197	197	NUM
taxlaw-2855	130	69	(	(	PUNCT
taxlaw-2855	130	70	1976	1976	NUM
taxlaw-2855	130	71	)	)	PUNCT
taxlaw-2855	130	72	)	)	PUNCT
taxlaw-2855	130	73	)	)	PUNCT
taxlaw-2855	130	74	.	.	PUNCT
taxlaw-2855	131	1	2017	2017	NUM
taxlaw-2855	131	2	]	]	PUNCT
taxlaw-2855	131	3	a	a	DET
taxlaw-2855	131	4	framework	framework	NOUN
taxlaw-2855	131	5	for	for	ADP
taxlaw-2855	131	6	testing	test	VERB
taxlaw-2855	131	7	regulatory	regulatory	ADJ
taxlaw-2855	131	8	authority	authority	NOUN
taxlaw-2855	131	9	333	333	NUM
taxlaw-2855	131	10	authorizing	authorize	VERB
taxlaw-2855	131	11	the	the	DET
taxlaw-2855	131	12	regulations	regulation	NOUN
taxlaw-2855	131	13	or	or	CCONJ
taxlaw-2855	131	14	a	a	DET
taxlaw-2855	131	15	law	law	NOUN
taxlaw-2855	131	16	passed	pass	VERB
taxlaw-2855	131	17	by	by	ADP
taxlaw-2855	131	18	congress	congress	PROPN
taxlaw-2855	131	19	that	that	PRON
taxlaw-2855	131	20	speaks	speak	VERB
taxlaw-2855	131	21	directly	directly	ADV
taxlaw-2855	131	22	on	on	ADP
taxlaw-2855	131	23	the	the	DET
taxlaw-2855	131	24	matter.22	matter.22	NOUN
taxlaw-2855	131	25	now	now	ADV
taxlaw-2855	131	26	let	let	VERB
taxlaw-2855	131	27	us	we	PRON
taxlaw-2855	131	28	try	try	VERB
taxlaw-2855	131	29	a	a	DET
taxlaw-2855	131	30	slightly	slightly	ADV
taxlaw-2855	131	31	more	more	ADV
taxlaw-2855	131	32	realistic	realistic	ADJ
taxlaw-2855	131	33	example	example	NOUN
taxlaw-2855	131	34	.	.	PUNCT
taxlaw-2855	132	1	in	in	ADP
taxlaw-2855	132	2	stephen	stephen	PROPN
taxlaw-2855	132	3	shay	shay	PROPN
taxlaw-2855	132	4	’s	’s	PART
taxlaw-2855	132	5	2014	2014	NUM
taxlaw-2855	132	6	article	article	NOUN
taxlaw-2855	132	7	that	that	PRON
taxlaw-2855	132	8	planted	plant	VERB
taxlaw-2855	132	9	the	the	DET
taxlaw-2855	132	10	seed	seed	NOUN
taxlaw-2855	132	11	for	for	ADP
taxlaw-2855	132	12	the	the	DET
taxlaw-2855	132	13	obama	obama	PROPN
taxlaw-2855	132	14	administration	administration	NOUN
taxlaw-2855	132	15	’s	’s	PART
taxlaw-2855	132	16	sense	sense	NOUN
taxlaw-2855	132	17	of	of	ADP
taxlaw-2855	132	18	optimism	optimism	NOUN
taxlaw-2855	132	19	on	on	ADP
taxlaw-2855	132	20	expansive	expansive	ADJ
taxlaw-2855	132	21	regulatory	regulatory	ADJ
taxlaw-2855	132	22	authority	authority	NOUN
taxlaw-2855	132	23	,	,	PUNCT
taxlaw-2855	132	24	shay	shay	PROPN
taxlaw-2855	132	25	postulated	postulate	VERB
taxlaw-2855	132	26	that	that	SCONJ
taxlaw-2855	132	27	regulations	regulation	NOUN
taxlaw-2855	132	28	under	under	ADP
taxlaw-2855	132	29	section	section	NOUN
taxlaw-2855	132	30	385	385	NUM
taxlaw-2855	132	31	could	could	AUX
taxlaw-2855	132	32	recharacterize	recharacterize	VERB
taxlaw-2855	132	33	related	relate	VERB
taxlaw-2855	132	34	-	-	PUNCT
taxlaw-2855	132	35	party	party	NOUN
taxlaw-2855	132	36	debt	debt	NOUN
taxlaw-2855	132	37	into	into	ADP
taxlaw-2855	132	38	equity	equity	NOUN
taxlaw-2855	132	39	so	so	SCONJ
taxlaw-2855	132	40	as	as	SCONJ
taxlaw-2855	132	41	to	to	PART
taxlaw-2855	132	42	achieve	achieve	VERB
taxlaw-2855	132	43	the	the	DET
taxlaw-2855	132	44	same	same	ADJ
taxlaw-2855	132	45	amount	amount	NOUN
taxlaw-2855	132	46	of	of	ADP
taxlaw-2855	132	47	interest	interest	NOUN
taxlaw-2855	132	48	disallowance	disallowance	NOUN
taxlaw-2855	132	49	as	as	SCONJ
taxlaw-2855	132	50	would	would	AUX
taxlaw-2855	132	51	have	have	AUX
taxlaw-2855	132	52	been	be	AUX
taxlaw-2855	132	53	achieved	achieve	VERB
taxlaw-2855	132	54	if	if	SCONJ
taxlaw-2855	132	55	section	section	NOUN
taxlaw-2855	132	56	163(j	163(j	PROPN
taxlaw-2855	132	57	)	)	PUNCT
taxlaw-2855	132	58	had	have	AUX
taxlaw-2855	132	59	been	be	AUX
taxlaw-2855	132	60	amended	amend	VERB
taxlaw-2855	132	61	to	to	PART
taxlaw-2855	132	62	reduce	reduce	VERB
taxlaw-2855	132	63	the	the	DET
taxlaw-2855	132	64	50	50	NUM
taxlaw-2855	132	65	%	%	NOUN
taxlaw-2855	132	66	adjusted	adjust	VERB
taxlaw-2855	132	67	taxable	taxable	ADJ
taxlaw-2855	132	68	income	income	NOUN
taxlaw-2855	132	69	(	(	PUNCT
taxlaw-2855	132	70	ati	ati	NOUN
taxlaw-2855	132	71	)	)	PUNCT
taxlaw-2855	132	72	limitation	limitation	NOUN
taxlaw-2855	132	73	to	to	ADP
taxlaw-2855	132	74	25	25	NUM
taxlaw-2855	132	75	%	%	NOUN
taxlaw-2855	132	76	.	.	PUNCT
taxlaw-2855	133	1	23	23	NUM
taxlaw-2855	134	1	this	this	PRON
taxlaw-2855	134	2	is	be	AUX
taxlaw-2855	134	3	quite	quite	DET
taxlaw-2855	134	4	a	a	DET
taxlaw-2855	134	5	bold	bold	ADJ
taxlaw-2855	134	6	assertion	assertion	NOUN
taxlaw-2855	134	7	,	,	PUNCT
taxlaw-2855	134	8	because	because	SCONJ
taxlaw-2855	134	9	the	the	DET
taxlaw-2855	134	10	hypothetical	hypothetical	ADJ
taxlaw-2855	134	11	regulation	regulation	NOUN
taxlaw-2855	134	12	is	be	AUX
taxlaw-2855	134	13	not	not	PART
taxlaw-2855	134	14	a	a	DET
taxlaw-2855	134	15	rule	rule	NOUN
taxlaw-2855	134	16	about	about	ADP
taxlaw-2855	134	17	section	section	NOUN
taxlaw-2855	134	18	385	385	NUM
taxlaw-2855	134	19	but	but	CCONJ
taxlaw-2855	134	20	rather	rather	ADV
taxlaw-2855	134	21	a	a	DET
taxlaw-2855	134	22	rule	rule	NOUN
taxlaw-2855	134	23	about	about	ADP
taxlaw-2855	134	24	section	section	NOUN
taxlaw-2855	134	25	163(j	163(j	PROPN
taxlaw-2855	134	26	)	)	PUNCT
taxlaw-2855	134	27	.	.	PUNCT
taxlaw-2855	135	1	if	if	SCONJ
taxlaw-2855	135	2	we	we	PRON
taxlaw-2855	135	3	assume	assume	VERB
taxlaw-2855	135	4	that	that	SCONJ
taxlaw-2855	135	5	there	there	PRON
taxlaw-2855	135	6	is	be	VERB
taxlaw-2855	135	7	no	no	DET
taxlaw-2855	135	8	regulatory	regulatory	ADJ
taxlaw-2855	135	9	authority	authority	NOUN
taxlaw-2855	135	10	to	to	PART
taxlaw-2855	135	11	alter	alter	VERB
taxlaw-2855	135	12	section	section	NOUN
taxlaw-2855	135	13	163(j)—and	163(j)—and	NUM
taxlaw-2855	135	14	in	in	ADP
taxlaw-2855	135	15	fact	fact	NOUN
taxlaw-2855	135	16	an	an	DET
taxlaw-2855	135	17	implicit	implicit	ADJ
taxlaw-2855	135	18	but	but	CCONJ
taxlaw-2855	135	19	clear	clear	ADJ
taxlaw-2855	135	20	legislative	legislative	ADJ
taxlaw-2855	135	21	demand	demand	NOUN
taxlaw-2855	135	22	not	not	PART
taxlaw-2855	135	23	to	to	PART
taxlaw-2855	135	24	do	do	AUX
taxlaw-2855	135	25	so	so	ADV
taxlaw-2855	135	26	(	(	PUNCT
taxlaw-2855	135	27	more	more	ADJ
taxlaw-2855	135	28	about	about	ADP
taxlaw-2855	135	29	that	that	PRON
taxlaw-2855	135	30	later)—then	later)—then	ADV
taxlaw-2855	135	31	how	how	SCONJ
taxlaw-2855	135	32	is	be	AUX
taxlaw-2855	135	33	this	this	DET
taxlaw-2855	135	34	example	example	NOUN
taxlaw-2855	135	35	different	different	ADJ
taxlaw-2855	135	36	from	from	ADP
taxlaw-2855	135	37	the	the	DET
taxlaw-2855	135	38	one	one	NOUN
taxlaw-2855	135	39	involving	involve	VERB
taxlaw-2855	135	40	female	female	ADJ
taxlaw-2855	135	41	ceos	ceo	NOUN
taxlaw-2855	135	42	?	?	PUNCT
taxlaw-2855	136	1	in	in	ADP
taxlaw-2855	136	2	other	other	ADJ
taxlaw-2855	136	3	words	word	NOUN
taxlaw-2855	136	4	,	,	PUNCT
taxlaw-2855	136	5	the	the	DET
taxlaw-2855	136	6	selective	selective	ADJ
taxlaw-2855	136	7	enforcement	enforcement	NOUN
taxlaw-2855	136	8	of	of	ADP
taxlaw-2855	136	9	section	section	NOUN
taxlaw-2855	136	10	385	385	NUM
taxlaw-2855	136	11	rewrites	rewrite	NOUN
taxlaw-2855	136	12	(	(	PUNCT
taxlaw-2855	136	13	i.e.	i.e.	X
taxlaw-2855	136	14	,	,	PUNCT
taxlaw-2855	136	15	violates	violate	VERB
taxlaw-2855	136	16	,	,	PUNCT
taxlaw-2855	136	17	or	or	CCONJ
taxlaw-2855	136	18	overturns	overturn	VERB
taxlaw-2855	136	19	)	)	PUNCT
taxlaw-2855	136	20	another	another	DET
taxlaw-2855	136	21	law	law	NOUN
taxlaw-2855	136	22	.	.	PUNCT
taxlaw-2855	137	1	24	24	NUM
taxlaw-2855	138	1	if	if	SCONJ
taxlaw-2855	138	2	this	this	DET
taxlaw-2855	138	3	section	section	NOUN
taxlaw-2855	138	4	163(j	163(j	NOUN
taxlaw-2855	138	5	)	)	PUNCT
taxlaw-2855	138	6	change	change	NOUN
taxlaw-2855	138	7	could	could	AUX
taxlaw-2855	138	8	be	be	AUX
taxlaw-2855	138	9	made	make	VERB
taxlaw-2855	138	10	,	,	PUNCT
taxlaw-2855	138	11	then	then	ADV
taxlaw-2855	138	12	presumably	presumably	ADV
taxlaw-2855	138	13	the	the	DET
taxlaw-2855	138	14	administration	administration	NOUN
taxlaw-2855	138	15	could	could	AUX
taxlaw-2855	138	16	also	also	ADV
taxlaw-2855	138	17	have	have	AUX
taxlaw-2855	138	18	used	use	VERB
taxlaw-2855	138	19	section	section	NOUN
taxlaw-2855	138	20	385	385	NUM
taxlaw-2855	138	21	to	to	PART
taxlaw-2855	138	22	increase	increase	VERB
taxlaw-2855	138	23	the	the	DET
taxlaw-2855	138	24	tax	tax	NOUN
taxlaw-2855	138	25	rate	rate	NOUN
taxlaw-2855	138	26	under	under	ADP
taxlaw-2855	138	27	section	section	NOUN
taxlaw-2855	138	28	11	11	NUM
taxlaw-2855	138	29	from	from	ADP
taxlaw-2855	138	30	35	35	NUM
taxlaw-2855	138	31	%	%	NOUN
taxlaw-2855	138	32	to	to	ADP
taxlaw-2855	138	33	45%.25	45%.25	NUM
taxlaw-2855	138	34	a	a	DET
taxlaw-2855	138	35	permissive	permissive	ADJ
taxlaw-2855	138	36	approach	approach	NOUN
taxlaw-2855	138	37	to	to	ADP
taxlaw-2855	138	38	selective	selective	ADJ
taxlaw-2855	138	39	application	application	NOUN
taxlaw-2855	138	40	of	of	ADP
taxlaw-2855	138	41	the	the	DET
taxlaw-2855	138	42	section	section	NOUN
taxlaw-2855	138	43	385	385	NUM
taxlaw-2855	138	44	regulations	regulation	NOUN
taxlaw-2855	138	45	would	would	AUX
taxlaw-2855	138	46	(	(	PUNCT
taxlaw-2855	138	47	because	because	SCONJ
taxlaw-2855	138	48	interest	interest	NOUN
taxlaw-2855	138	49	deductions	deduction	NOUN
taxlaw-2855	138	50	are	be	AUX
taxlaw-2855	138	51	nearly	nearly	ADV
taxlaw-2855	138	52	ubiquitous	ubiquitous	ADJ
taxlaw-2855	138	53	)	)	PUNCT
taxlaw-2855	138	54	permit	permit	NOUN
taxlaw-2855	138	55	revision	revision	NOUN
taxlaw-2855	138	56	of	of	ADP
taxlaw-2855	138	57	virtually	virtually	ADV
taxlaw-2855	138	58	every	every	PRON
taxlaw-2855	138	59	other	other	ADJ
taxlaw-2855	138	60	code	code	NOUN
taxlaw-2855	138	61	section	section	NOUN
taxlaw-2855	138	62	.	.	PUNCT
taxlaw-2855	139	1	want	want	VERB
taxlaw-2855	139	2	to	to	PART
taxlaw-2855	139	3	repeal	repeal	VERB
taxlaw-2855	139	4	the	the	DET
taxlaw-2855	139	5	mortgage	mortgage	NOUN
taxlaw-2855	139	6	interest	interest	NOUN
taxlaw-2855	139	7	deduction	deduction	NOUN
taxlaw-2855	139	8	?	?	PUNCT
taxlaw-2855	140	1	use	use	NOUN
taxlaw-2855	140	2	section	section	NOUN
taxlaw-2855	140	3	385.26	385.26	NUM
taxlaw-2855	140	4	want	want	VERB
taxlaw-2855	140	5	to	to	PART
taxlaw-2855	140	6	double	double	VERB
taxlaw-2855	140	7	the	the	DET
taxlaw-2855	140	8	section	section	NOUN
taxlaw-2855	140	9	4985	4985	NUM
taxlaw-2855	140	10	excise	excise	NOUN
taxlaw-2855	140	11	tax	tax	NOUN
taxlaw-2855	140	12	by	by	ADP
taxlaw-2855	140	13	imposing	impose	VERB
taxlaw-2855	140	14	a	a	DET
taxlaw-2855	140	15	mirror	mirror	NOUN
taxlaw-2855	140	16	version	version	NOUN
taxlaw-2855	140	17	on	on	ADP
taxlaw-2855	140	18	corporations	corporation	NOUN
taxlaw-2855	140	19	?	?	PUNCT
taxlaw-2855	141	1	use	use	NOUN
taxlaw-2855	141	2	section	section	NOUN
taxlaw-2855	141	3	385	385	NUM
taxlaw-2855	141	4	.	.	PUNCT
taxlaw-2855	142	1	it	it	PRON
taxlaw-2855	142	2	is	be	AUX
taxlaw-2855	142	3	true	true	ADJ
taxlaw-2855	142	4	that	that	SCONJ
taxlaw-2855	142	5	eventually	eventually	ADV
taxlaw-2855	142	6	you	you	PRON
taxlaw-2855	142	7	run	run	VERB
taxlaw-2855	142	8	out	out	ADP
taxlaw-2855	142	9	of	of	ADP
taxlaw-2855	142	10	ammunition	ammunition	NOUN
taxlaw-2855	142	11	,	,	PUNCT
taxlaw-2855	142	12	but	but	CCONJ
taxlaw-2855	142	13	section	section	NOUN
taxlaw-2855	142	14	385	385	NUM
taxlaw-2855	142	15	is	be	AUX
taxlaw-2855	142	16	a	a	DET
taxlaw-2855	142	17	well	well	ADV
taxlaw-2855	142	18	-	-	PUNCT
taxlaw-2855	142	19	stocked	stock	VERB
taxlaw-2855	142	20	arsenal	arsenal	NOUN
taxlaw-2855	142	21	.	.	PUNCT
taxlaw-2855	143	1	c.	c.	PROPN
taxlaw-2855	143	2	a	a	DET
taxlaw-2855	143	3	statute	statute	NOUN
taxlaw-2855	143	4	,	,	PUNCT
taxlaw-2855	143	5	as	as	SCONJ
taxlaw-2855	143	6	drafted	draft	VERB
taxlaw-2855	143	7	,	,	PUNCT
taxlaw-2855	143	8	is	be	AUX
taxlaw-2855	143	9	the	the	DET
taxlaw-2855	143	10	complete	complete	ADJ
taxlaw-2855	143	11	legislative	legislative	ADJ
taxlaw-2855	143	12	expression	expression	NOUN
taxlaw-2855	143	13	on	on	ADP
taxlaw-2855	143	14	the	the	DET
taxlaw-2855	143	15	matter	matter	NOUN
taxlaw-2855	143	16	.	.	PUNCT
taxlaw-2855	144	1	let	let	VERB
taxlaw-2855	144	2	us	we	PRON
taxlaw-2855	144	3	now	now	ADV
taxlaw-2855	144	4	digress	digress	NOUN
taxlaw-2855	144	5	briefly	briefly	NOUN
taxlaw-2855	144	6	to	to	PART
taxlaw-2855	144	7	set	set	VERB
taxlaw-2855	144	8	forth	forth	ADP
taxlaw-2855	144	9	a	a	DET
taxlaw-2855	144	10	theory	theory	NOUN
taxlaw-2855	144	11	of	of	ADP
taxlaw-2855	144	12	legislative	legislative	ADJ
taxlaw-2855	144	13	completeness.27	completeness.27	PROPN
taxlaw-2855	144	14	this	this	PRON
taxlaw-2855	144	15	is	be	AUX
taxlaw-2855	144	16	important	important	ADJ
taxlaw-2855	144	17	in	in	ADP
taxlaw-2855	144	18	figuring	figure	VERB
taxlaw-2855	144	19	out	out	ADP
taxlaw-2855	144	20	whether	whether	SCONJ
taxlaw-2855	144	21	a	a	DET
taxlaw-2855	144	22	violation	violation	NOUN
taxlaw-2855	144	23	of	of	ADP
taxlaw-2855	144	24	another	another	PRON
taxlaw-2855	144	25	,	,	PUNCT
taxlaw-2855	144	26	separate	separate	ADJ
taxlaw-2855	144	27	principle	principle	NOUN
taxlaw-2855	144	28	of	of	ADP
taxlaw-2855	144	29	law	law	NOUN
taxlaw-2855	144	30	has	have	AUX
taxlaw-2855	144	31	occurred	occur	VERB
taxlaw-2855	144	32	.	.	PUNCT
taxlaw-2855	145	1	the	the	DET
taxlaw-2855	145	2	legislative	legislative	ADJ
taxlaw-2855	145	3	process	process	NOUN
taxlaw-2855	145	4	is	be	AUX
taxlaw-2855	145	5	not	not	PART
taxlaw-2855	145	6	orderly	orderly	ADJ
taxlaw-2855	145	7	.	.	PUNCT
taxlaw-2855	146	1	bills	bill	NOUN
taxlaw-2855	146	2	are	be	AUX
taxlaw-2855	146	3	cobbled	cobble	VERB
taxlaw-2855	146	4	together	together	ADV
taxlaw-2855	146	5	to	to	PART
taxlaw-2855	146	6	please	please	VERB
taxlaw-2855	146	7	different	different	ADJ
taxlaw-2855	146	8	constituencies	constituency	NOUN
taxlaw-2855	146	9	,	,	PUNCT
taxlaw-2855	146	10	and	and	CCONJ
taxlaw-2855	146	11	theoretical	theoretical	ADJ
taxlaw-2855	146	12	clarity	clarity	NOUN
taxlaw-2855	146	13	is	be	AUX
taxlaw-2855	146	14	often	often	ADV
taxlaw-2855	146	15	sacrificed	sacrifice	VERB
taxlaw-2855	146	16	.	.	PUNCT
taxlaw-2855	147	1	the	the	DET
taxlaw-2855	147	2	house	house	NOUN
taxlaw-2855	147	3	has	have	VERB
taxlaw-2855	147	4	one	one	NUM
taxlaw-2855	147	5	version	version	NOUN
taxlaw-2855	147	6	;	;	PUNCT
taxlaw-2855	147	7	the	the	DET
taxlaw-2855	147	8	senate	senate	PROPN
taxlaw-2855	147	9	has	have	VERB
taxlaw-2855	147	10	another	another	PRON
taxlaw-2855	147	11	;	;	PUNCT
taxlaw-2855	147	12	and	and	CCONJ
taxlaw-2855	147	13	the	the	DET
taxlaw-2855	147	14	negotiated	negotiate	VERB
taxlaw-2855	147	15	resolution	resolution	NOUN
taxlaw-2855	147	16	is	be	AUX
taxlaw-2855	147	17	not	not	PART
taxlaw-2855	147	18	designed	design	VERB
taxlaw-2855	147	19	to	to	PART
taxlaw-2855	147	20	please	please	VERB
taxlaw-2855	147	21	22	22	NUM
taxlaw-2855	147	22	see	see	VERB
taxlaw-2855	147	23	,	,	PUNCT
taxlaw-2855	147	24	e.g.	e.g.	ADV
taxlaw-2855	147	25	,	,	PUNCT
taxlaw-2855	147	26	michigan	michigan	PROPN
taxlaw-2855	147	27	v.	v.	PROPN
taxlaw-2855	147	28	e.p.a	e.p.a	PROPN
taxlaw-2855	147	29	.	.	PROPN
taxlaw-2855	147	30	,	,	PUNCT
taxlaw-2855	147	31	135	135	NUM
taxlaw-2855	147	32	s.	s.	PROPN
taxlaw-2855	147	33	ct	ct	PROPN
taxlaw-2855	147	34	.	.	PROPN
taxlaw-2855	147	35	2699	2699	NUM
taxlaw-2855	147	36	,	,	PUNCT
taxlaw-2855	147	37	2707–11	2707–11	PRON
taxlaw-2855	147	38	(	(	PUNCT
taxlaw-2855	147	39	2015	2015	NUM
taxlaw-2855	147	40	)	)	PUNCT
taxlaw-2855	147	41	(	(	PUNCT
taxlaw-2855	147	42	holding	hold	VERB
taxlaw-2855	147	43	that	that	SCONJ
taxlaw-2855	147	44	the	the	DET
taxlaw-2855	147	45	epa	epa	PROPN
taxlaw-2855	147	46	could	could	AUX
taxlaw-2855	147	47	not	not	PART
taxlaw-2855	147	48	lawfully	lawfully	ADV
taxlaw-2855	147	49	determine	determine	VERB
taxlaw-2855	147	50	that	that	DET
taxlaw-2855	147	51	regulation	regulation	NOUN
taxlaw-2855	147	52	of	of	ADP
taxlaw-2855	147	53	hazardous	hazardous	ADJ
taxlaw-2855	147	54	air	air	NOUN
taxlaw-2855	147	55	pollutants	pollutant	NOUN
taxlaw-2855	147	56	was	be	AUX
taxlaw-2855	147	57	“	"	PUNCT
taxlaw-2855	147	58	appropriate	appropriate	ADJ
taxlaw-2855	147	59	and	and	CCONJ
taxlaw-2855	147	60	necessary	necessary	ADJ
taxlaw-2855	147	61	”	"	PUNCT
taxlaw-2855	147	62	without	without	ADP
taxlaw-2855	147	63	considering	consider	VERB
taxlaw-2855	147	64	the	the	DET
taxlaw-2855	147	65	costs	cost	NOUN
taxlaw-2855	147	66	of	of	ADP
taxlaw-2855	147	67	the	the	DET
taxlaw-2855	147	68	regulation	regulation	NOUN
taxlaw-2855	147	69	where	where	SCONJ
taxlaw-2855	147	70	a	a	DET
taxlaw-2855	147	71	statute	statute	NOUN
taxlaw-2855	147	72	directed	direct	VERB
taxlaw-2855	147	73	the	the	DET
taxlaw-2855	147	74	epa	epa	PROPN
taxlaw-2855	147	75	to	to	PART
taxlaw-2855	147	76	study	study	VERB
taxlaw-2855	147	77	the	the	DET
taxlaw-2855	147	78	costs	cost	NOUN
taxlaw-2855	147	79	associated	associate	VERB
taxlaw-2855	147	80	with	with	ADP
taxlaw-2855	147	81	the	the	DET
taxlaw-2855	147	82	technologies	technology	NOUN
taxlaw-2855	147	83	available	available	ADJ
taxlaw-2855	147	84	to	to	PART
taxlaw-2855	147	85	control	control	VERB
taxlaw-2855	147	86	emissions	emission	NOUN
taxlaw-2855	147	87	)	)	PUNCT
taxlaw-2855	147	88	.	.	PUNCT
taxlaw-2855	148	1	23	23	NUM
taxlaw-2855	148	2	shay	shay	PROPN
taxlaw-2855	148	3	,	,	PUNCT
taxlaw-2855	148	4	supra	supra	PROPN
taxlaw-2855	148	5	note	note	NOUN
taxlaw-2855	148	6	9	9	NUM
taxlaw-2855	148	7	.	.	NOUN
taxlaw-2855	148	8	24	24	NUM
taxlaw-2855	148	9	cf	cf	NOUN
taxlaw-2855	148	10	.	.	PUNCT
taxlaw-2855	149	1	crawford	crawford	PROPN
taxlaw-2855	149	2	fitting	fitting	PROPN
taxlaw-2855	149	3	co.	co.	PROPN
taxlaw-2855	149	4	v.	v.	ADP
taxlaw-2855	149	5	j.t	j.t	PROPN
taxlaw-2855	149	6	.	.	PROPN
taxlaw-2855	149	7	gibbons	gibbons	PROPN
taxlaw-2855	149	8	,	,	PUNCT
taxlaw-2855	149	9	inc	inc	PROPN
taxlaw-2855	149	10	.	.	PROPN
taxlaw-2855	149	11	,	,	PUNCT
taxlaw-2855	149	12	482	482	NUM
taxlaw-2855	149	13	u.s	u.s	AUX
taxlaw-2855	149	14	.	.	PROPN
taxlaw-2855	149	15	437	437	NUM
taxlaw-2855	149	16	,	,	PUNCT
taxlaw-2855	149	17	441–42	441–42	X
taxlaw-2855	149	18	(	(	PUNCT
taxlaw-2855	149	19	1987	1987	NUM
taxlaw-2855	149	20	)	)	PUNCT
taxlaw-2855	149	21	(	(	PUNCT
taxlaw-2855	149	22	explaining	explain	VERB
taxlaw-2855	149	23	that	that	SCONJ
taxlaw-2855	149	24	where	where	SCONJ
taxlaw-2855	149	25	a	a	DET
taxlaw-2855	149	26	statute	statute	NOUN
taxlaw-2855	149	27	stated	state	VERB
taxlaw-2855	149	28	that	that	SCONJ
taxlaw-2855	149	29	a	a	DET
taxlaw-2855	149	30	judge	judge	NOUN
taxlaw-2855	149	31	or	or	CCONJ
taxlaw-2855	149	32	clerk	clerk	NOUN
taxlaw-2855	149	33	of	of	ADP
taxlaw-2855	149	34	any	any	DET
taxlaw-2855	149	35	court	court	NOUN
taxlaw-2855	149	36	“	"	PUNCT
taxlaw-2855	149	37	may	may	AUX
taxlaw-2855	149	38	tax	tax	VERB
taxlaw-2855	149	39	as	as	ADP
taxlaw-2855	149	40	costs	cost	NOUN
taxlaw-2855	149	41	”	"	PUNCT
taxlaw-2855	149	42	certain	certain	ADJ
taxlaw-2855	149	43	enumerated	enumerate	VERB
taxlaw-2855	149	44	expenses	expense	NOUN
taxlaw-2855	149	45	,	,	PUNCT
taxlaw-2855	149	46	a	a	DET
taxlaw-2855	149	47	federal	federal	ADJ
taxlaw-2855	149	48	rule	rule	NOUN
taxlaw-2855	149	49	of	of	ADP
taxlaw-2855	149	50	civil	civil	ADJ
taxlaw-2855	149	51	procedure	procedure	NOUN
taxlaw-2855	149	52	could	could	AUX
taxlaw-2855	149	53	not	not	PART
taxlaw-2855	149	54	“	"	PUNCT
taxlaw-2855	149	55	grant	grant	VERB
taxlaw-2855	149	56	[	[	X
taxlaw-2855	149	57	]	]	X
taxlaw-2855	149	58	courts	court	NOUN
taxlaw-2855	149	59	discretion	discretion	NOUN
taxlaw-2855	149	60	to	to	PART
taxlaw-2855	149	61	tax	tax	VERB
taxlaw-2855	149	62	whatever	whatever	DET
taxlaw-2855	149	63	costs	cost	NOUN
taxlaw-2855	149	64	may	may	AUX
taxlaw-2855	149	65	seem	seem	VERB
taxlaw-2855	149	66	appropriate	appropriate	ADJ
taxlaw-2855	149	67	,	,	PUNCT
taxlaw-2855	149	68	”	"	PUNCT
taxlaw-2855	149	69	because	because	SCONJ
taxlaw-2855	149	70	to	to	PART
taxlaw-2855	149	71	do	do	AUX
taxlaw-2855	149	72	so	so	ADV
taxlaw-2855	149	73	would	would	AUX
taxlaw-2855	149	74	“	"	PUNCT
taxlaw-2855	149	75	render	render	VERB
taxlaw-2855	149	76	.	.	PUNCT
taxlaw-2855	149	77	.	.	PUNCT
taxlaw-2855	149	78	.	.	PUNCT
taxlaw-2855	150	1	specific	specific	ADJ
taxlaw-2855	150	2	statutory	statutory	ADJ
taxlaw-2855	150	3	provisions	provision	NOUN
taxlaw-2855	150	4	entirely	entirely	ADV
taxlaw-2855	150	5	without	without	ADP
taxlaw-2855	150	6	meaning	mean	VERB
taxlaw-2855	150	7	”	"	PUNCT
taxlaw-2855	150	8	)	)	PUNCT
taxlaw-2855	150	9	.	.	PUNCT
taxlaw-2855	151	1	25	25	NUM
taxlaw-2855	151	2	in	in	ADP
taxlaw-2855	151	3	other	other	ADJ
taxlaw-2855	151	4	words	word	NOUN
taxlaw-2855	151	5	,	,	PUNCT
taxlaw-2855	151	6	section	section	NOUN
taxlaw-2855	151	7	385	385	NUM
taxlaw-2855	151	8	could	could	AUX
taxlaw-2855	151	9	recharacterize	recharacterize	VERB
taxlaw-2855	151	10	debt	debt	NOUN
taxlaw-2855	151	11	into	into	ADP
taxlaw-2855	151	12	equity	equity	NOUN
taxlaw-2855	151	13	to	to	PART
taxlaw-2855	151	14	arrive	arrive	VERB
taxlaw-2855	151	15	at	at	ADP
taxlaw-2855	151	16	an	an	DET
taxlaw-2855	151	17	effective	effective	ADJ
taxlaw-2855	151	18	tax	tax	NOUN
taxlaw-2855	151	19	rate	rate	NOUN
taxlaw-2855	151	20	of	of	ADP
taxlaw-2855	151	21	45	45	NUM
taxlaw-2855	151	22	%	%	NOUN
taxlaw-2855	151	23	.	.	PUNCT
taxlaw-2855	152	1	26	26	NUM
taxlaw-2855	152	2	one	one	PRON
taxlaw-2855	152	3	might	might	AUX
taxlaw-2855	152	4	argue	argue	VERB
taxlaw-2855	152	5	that	that	SCONJ
taxlaw-2855	152	6	section	section	NOUN
taxlaw-2855	152	7	385	385	NUM
taxlaw-2855	152	8	is	be	AUX
taxlaw-2855	152	9	limited	limit	VERB
taxlaw-2855	152	10	to	to	ADP
taxlaw-2855	152	11	corporate	corporate	ADJ
taxlaw-2855	152	12	debt	debt	NOUN
taxlaw-2855	152	13	,	,	PUNCT
taxlaw-2855	152	14	but	but	CCONJ
taxlaw-2855	152	15	that	that	PRON
taxlaw-2855	152	16	has	have	AUX
taxlaw-2855	152	17	not	not	PART
taxlaw-2855	152	18	stopped	stop	VERB
taxlaw-2855	152	19	the	the	DET
taxlaw-2855	152	20	irs	irs	PROPN
taxlaw-2855	152	21	from	from	ADP
taxlaw-2855	152	22	proposing	propose	VERB
taxlaw-2855	152	23	regulations	regulation	NOUN
taxlaw-2855	152	24	that	that	PRON
taxlaw-2855	152	25	would	would	AUX
taxlaw-2855	152	26	recharacterize	recharacterize	VERB
taxlaw-2855	152	27	partnership	partnership	NOUN
taxlaw-2855	152	28	debt	debt	NOUN
taxlaw-2855	152	29	.	.	PUNCT
taxlaw-2855	153	1	see	see	VERB
taxlaw-2855	153	2	26	26	NUM
taxlaw-2855	153	3	cfr	cfr	NOUN
taxlaw-2855	153	4	§	§	PROPN
taxlaw-2855	153	5	1.385	1.385	NUM
taxlaw-2855	153	6	-	-	SYM
taxlaw-2855	153	7	3t(f	3t(f	NUM
taxlaw-2855	153	8	)	)	PUNCT
taxlaw-2855	153	9	.	.	PUNCT
taxlaw-2855	154	1	27	27	NUM
taxlaw-2855	154	2	for	for	ADP
taxlaw-2855	154	3	a	a	DET
taxlaw-2855	154	4	discussion	discussion	NOUN
taxlaw-2855	154	5	of	of	ADP
taxlaw-2855	154	6	the	the	DET
taxlaw-2855	154	7	evolution	evolution	NOUN
taxlaw-2855	154	8	of	of	ADP
taxlaw-2855	154	9	the	the	DET
taxlaw-2855	154	10	concept	concept	NOUN
taxlaw-2855	154	11	of	of	ADP
taxlaw-2855	154	12	statutory	statutory	ADJ
taxlaw-2855	154	13	purpose	purpose	NOUN
taxlaw-2855	154	14	in	in	ADP
taxlaw-2855	154	15	american	american	ADJ
taxlaw-2855	154	16	jurisprudence	jurisprudence	NOUN
taxlaw-2855	154	17	,	,	PUNCT
taxlaw-2855	154	18	see	see	VERB
taxlaw-2855	154	19	generally	generally	ADV
taxlaw-2855	154	20	john	john	PROPN
taxlaw-2855	154	21	f.	f.	PROPN
taxlaw-2855	154	22	manning	manning	PROPN
taxlaw-2855	154	23	,	,	PUNCT
taxlaw-2855	154	24	the	the	DET
taxlaw-2855	154	25	new	new	ADJ
taxlaw-2855	154	26	purposivism	purposivism	NOUN
taxlaw-2855	154	27	,	,	PUNCT
taxlaw-2855	154	28	2011	2011	NUM
taxlaw-2855	154	29	sup	sup	NOUN
taxlaw-2855	154	30	.	.	PUNCT
taxlaw-2855	155	1	ct	ct	AUX
taxlaw-2855	155	2	.	.	PUNCT
taxlaw-2855	155	3	rev	rev	PROPN
taxlaw-2855	155	4	.	.	PROPN
taxlaw-2855	155	5	113	113	NUM
taxlaw-2855	155	6	;	;	PUNCT
taxlaw-2855	155	7	see	see	VERB
taxlaw-2855	155	8	also	also	ADV
taxlaw-2855	155	9	john	john	PROPN
taxlaw-2855	155	10	f.	f.	PROPN
taxlaw-2855	155	11	manning	manning	PROPN
taxlaw-2855	155	12	,	,	PUNCT
taxlaw-2855	155	13	what	what	PRON
taxlaw-2855	155	14	divides	divide	VERB
taxlaw-2855	155	15	textualists	textualist	NOUN
taxlaw-2855	155	16	from	from	ADP
taxlaw-2855	155	17	purposivists	purposivist	NOUN
taxlaw-2855	155	18	,	,	PUNCT
taxlaw-2855	155	19	106	106	NUM
taxlaw-2855	155	20	colum	colum	NOUN
taxlaw-2855	155	21	.	.	PUNCT
taxlaw-2855	156	1	l.	l.	PROPN
taxlaw-2855	156	2	rev	rev	PROPN
taxlaw-2855	156	3	.	.	PROPN
taxlaw-2855	156	4	70	70	NUM
taxlaw-2855	156	5	(	(	PUNCT
taxlaw-2855	156	6	2006	2006	NUM
taxlaw-2855	156	7	)	)	PUNCT
taxlaw-2855	156	8	(	(	PUNCT
taxlaw-2855	156	9	arguing	argue	VERB
taxlaw-2855	156	10	that	that	SCONJ
taxlaw-2855	156	11	even	even	ADV
taxlaw-2855	156	12	though	though	SCONJ
taxlaw-2855	156	13	“	"	PUNCT
taxlaw-2855	156	14	[	[	X
taxlaw-2855	156	15	m]odern	m]odern	ADJ
taxlaw-2855	156	16	textualists	textualist	NOUN
taxlaw-2855	156	17	acknowledge	acknowledge	VERB
taxlaw-2855	156	18	that	that	SCONJ
taxlaw-2855	156	19	statutory	statutory	ADJ
taxlaw-2855	156	20	language	language	NOUN
taxlaw-2855	156	21	has	have	AUX
taxlaw-2855	156	22	meaning	mean	VERB
taxlaw-2855	156	23	only	only	ADV
taxlaw-2855	156	24	in	in	ADP
taxlaw-2855	156	25	context	context	NOUN
taxlaw-2855	156	26	,	,	PUNCT
taxlaw-2855	156	27	and	and	CCONJ
taxlaw-2855	156	28	that	that	SCONJ
taxlaw-2855	156	29	judges	judge	NOUN
taxlaw-2855	156	30	must	must	AUX
taxlaw-2855	156	31	consider	consider	VERB
taxlaw-2855	156	32	a	a	DET
taxlaw-2855	156	33	range	range	NOUN
taxlaw-2855	156	34	of	of	ADP
taxlaw-2855	156	35	extratextual	extratextual	ADJ
taxlaw-2855	156	36	evidence	evidence	NOUN
taxlaw-2855	156	37	to	to	PART
taxlaw-2855	156	38	ascertain	ascertain	VERB
taxlaw-2855	156	39	textual	textual	ADJ
taxlaw-2855	156	40	meaning	meaning	NOUN
taxlaw-2855	156	41	.	.	PUNCT
taxlaw-2855	156	42	.	.	PUNCT
taxlaw-2855	156	43	.	.	PUNCT
taxlaw-2855	157	1	textualism	textualism	NOUN
taxlaw-2855	157	2	nonetheless	nonetheless	ADV
taxlaw-2855	157	3	remains	remain	VERB
taxlaw-2855	157	4	distinctive	distinctive	ADJ
taxlaw-2855	157	5	because	because	SCONJ
taxlaw-2855	157	6	it	it	PRON
taxlaw-2855	157	7	gives	give	VERB
taxlaw-2855	157	8	priority	priority	NOUN
taxlaw-2855	157	9	to	to	ADP
taxlaw-2855	157	10	semantic	semantic	ADJ
taxlaw-2855	157	11	context	context	NOUN
taxlaw-2855	157	12	(	(	PUNCT
taxlaw-2855	157	13	evidence	evidence	NOUN
taxlaw-2855	157	14	about	about	ADP
taxlaw-2855	157	15	the	the	DET
taxlaw-2855	157	16	way	way	NOUN
taxlaw-2855	157	17	a	a	DET
taxlaw-2855	157	18	reasonable	reasonable	ADJ
taxlaw-2855	157	19	person	person	NOUN
taxlaw-2855	157	20	uses	use	VERB
taxlaw-2855	157	21	words	word	NOUN
taxlaw-2855	157	22	)	)	PUNCT
taxlaw-2855	157	23	rather	rather	ADV
taxlaw-2855	157	24	than	than	ADP
taxlaw-2855	157	25	policy	policy	NOUN
taxlaw-2855	157	26	context	context	NOUN
taxlaw-2855	157	27	(	(	PUNCT
taxlaw-2855	157	28	evidence	evidence	NOUN
taxlaw-2855	157	29	about	about	ADP
taxlaw-2855	157	30	the	the	DET
taxlaw-2855	157	31	way	way	NOUN
taxlaw-2855	157	32	a	a	DET
taxlaw-2855	157	33	reasonable	reasonable	ADJ
taxlaw-2855	157	34	person	person	NOUN
taxlaw-2855	157	35	solves	solve	VERB
taxlaw-2855	157	36	problems	problem	NOUN
taxlaw-2855	157	37	)	)	PUNCT
taxlaw-2855	157	38	”	"	PUNCT
taxlaw-2855	157	39	)	)	PUNCT
taxlaw-2855	157	40	.	.	PUNCT
taxlaw-2855	158	1	334	334	NUM
taxlaw-2855	158	2	columbia	columbia	PROPN
taxlaw-2855	158	3	journal	journal	PROPN
taxlaw-2855	158	4	of	of	ADP
taxlaw-2855	158	5	tax	tax	NOUN
taxlaw-2855	158	6	law	law	NOUN
taxlaw-2855	158	7	[	[	X
taxlaw-2855	158	8	vol.8:326	vol.8:326	PROPN
taxlaw-2855	158	9	the	the	DET
taxlaw-2855	158	10	theoretician.28	theoretician.28	NOUN
taxlaw-2855	158	11	nevertheless	nevertheless	ADV
taxlaw-2855	158	12	,	,	PUNCT
taxlaw-2855	158	13	one	one	PRON
taxlaw-2855	158	14	must	must	AUX
taxlaw-2855	158	15	respect	respect	VERB
taxlaw-2855	158	16	the	the	DET
taxlaw-2855	158	17	outcome	outcome	NOUN
taxlaw-2855	158	18	as	as	ADP
taxlaw-2855	158	19	the	the	DET
taxlaw-2855	158	20	complete	complete	ADJ
taxlaw-2855	158	21	expression	expression	NOUN
taxlaw-2855	158	22	of	of	ADP
taxlaw-2855	158	23	the	the	DET
taxlaw-2855	158	24	legislature	legislature	NOUN
taxlaw-2855	158	25	on	on	ADP
taxlaw-2855	158	26	the	the	DET
taxlaw-2855	158	27	topic.29	topic.29	NOUN
taxlaw-2855	158	28	if	if	SCONJ
taxlaw-2855	158	29	the	the	DET
taxlaw-2855	158	30	executive	executive	ADJ
taxlaw-2855	158	31	branch	branch	NOUN
taxlaw-2855	158	32	is	be	AUX
taxlaw-2855	158	33	empowered	empower	VERB
taxlaw-2855	158	34	to	to	PART
taxlaw-2855	158	35	go	go	VERB
taxlaw-2855	158	36	beyond	beyond	ADP
taxlaw-2855	158	37	merely	merely	ADV
taxlaw-2855	158	38	curing	cure	VERB
taxlaw-2855	158	39	ambiguities	ambiguity	NOUN
taxlaw-2855	158	40	,	,	PUNCT
taxlaw-2855	158	41	then	then	ADV
taxlaw-2855	158	42	what	what	PRON
taxlaw-2855	158	43	is	be	AUX
taxlaw-2855	158	44	to	to	PART
taxlaw-2855	158	45	prevent	prevent	VERB
taxlaw-2855	158	46	the	the	DET
taxlaw-2855	158	47	executive	executive	NOUN
taxlaw-2855	158	48	from	from	ADP
taxlaw-2855	158	49	reasserting	reassert	VERB
taxlaw-2855	158	50	the	the	DET
taxlaw-2855	158	51	house	house	NOUN
taxlaw-2855	158	52	position	position	NOUN
taxlaw-2855	158	53	,	,	PUNCT
taxlaw-2855	158	54	for	for	ADP
taxlaw-2855	158	55	example	example	NOUN
taxlaw-2855	158	56	,	,	PUNCT
taxlaw-2855	158	57	replaying	replay	VERB
taxlaw-2855	158	58	the	the	DET
taxlaw-2855	158	59	legislative	legislative	ADJ
taxlaw-2855	158	60	debate	debate	NOUN
taxlaw-2855	158	61	,	,	PUNCT
taxlaw-2855	158	62	but	but	CCONJ
taxlaw-2855	158	63	with	with	ADP
taxlaw-2855	158	64	a	a	DET
taxlaw-2855	158	65	different	different	ADJ
taxlaw-2855	158	66	outcome	outcome	NOUN
taxlaw-2855	158	67	?	?	PUNCT
taxlaw-2855	159	1	it	it	PRON
taxlaw-2855	159	2	is	be	AUX
taxlaw-2855	159	3	true	true	ADJ
taxlaw-2855	159	4	that	that	SCONJ
taxlaw-2855	159	5	the	the	DET
taxlaw-2855	159	6	legislature	legislature	NOUN
taxlaw-2855	159	7	sometimes	sometimes	ADV
taxlaw-2855	159	8	asks	ask	VERB
taxlaw-2855	159	9	the	the	DET
taxlaw-2855	159	10	executive	executive	ADJ
taxlaw-2855	159	11	branch	branch	NOUN
taxlaw-2855	159	12	for	for	ADP
taxlaw-2855	159	13	help	help	NOUN
taxlaw-2855	159	14	in	in	ADP
taxlaw-2855	159	15	drafting	draft	VERB
taxlaw-2855	159	16	rules	rule	NOUN
taxlaw-2855	159	17	.	.	PUNCT
taxlaw-2855	160	1	but	but	CCONJ
taxlaw-2855	160	2	the	the	DET
taxlaw-2855	160	3	general	general	ADJ
taxlaw-2855	160	4	baseline	baseline	NOUN
taxlaw-2855	160	5	is	be	AUX
taxlaw-2855	160	6	that	that	SCONJ
taxlaw-2855	160	7	the	the	DET
taxlaw-2855	160	8	statute	statute	NOUN
taxlaw-2855	160	9	as	as	SCONJ
taxlaw-2855	160	10	finally	finally	ADV
taxlaw-2855	160	11	drafted	draft	VERB
taxlaw-2855	160	12	is	be	AUX
taxlaw-2855	160	13	complete	complete	ADJ
taxlaw-2855	160	14	.	.	PUNCT
taxlaw-2855	161	1	if	if	SCONJ
taxlaw-2855	161	2	a	a	DET
taxlaw-2855	161	3	statute	statute	NOUN
taxlaw-2855	161	4	defines	define	VERB
taxlaw-2855	161	5	bad	bad	ADJ
taxlaw-2855	161	6	behavior	behavior	NOUN
taxlaw-2855	161	7	and	and	CCONJ
taxlaw-2855	161	8	imposes	impose	VERB
taxlaw-2855	161	9	a	a	DET
taxlaw-2855	161	10	penalty	penalty	NOUN
taxlaw-2855	161	11	,	,	PUNCT
taxlaw-2855	161	12	in	in	ADP
taxlaw-2855	161	13	general	general	ADJ
taxlaw-2855	161	14	it	it	PRON
taxlaw-2855	161	15	is	be	AUX
taxlaw-2855	161	16	not	not	PART
taxlaw-2855	161	17	appropriate	appropriate	ADJ
taxlaw-2855	161	18	for	for	SCONJ
taxlaw-2855	161	19	the	the	DET
taxlaw-2855	161	20	executive	executive	NOUN
taxlaw-2855	161	21	to	to	PART
taxlaw-2855	161	22	add	add	VERB
taxlaw-2855	161	23	an	an	DET
taxlaw-2855	161	24	additional	additional	ADJ
taxlaw-2855	161	25	penalty.30	penalty.30	NOUN
taxlaw-2855	161	26	this	this	PRON
taxlaw-2855	161	27	is	be	AUX
taxlaw-2855	161	28	true	true	ADJ
taxlaw-2855	161	29	even	even	ADV
taxlaw-2855	161	30	if	if	SCONJ
taxlaw-2855	161	31	the	the	DET
taxlaw-2855	161	32	behavior	behavior	NOUN
taxlaw-2855	161	33	is	be	AUX
taxlaw-2855	161	34	deeply	deeply	ADV
taxlaw-2855	161	35	offensive	offensive	ADJ
taxlaw-2855	161	36	and	and	CCONJ
taxlaw-2855	161	37	is	be	AUX
taxlaw-2855	161	38	not	not	PART
taxlaw-2855	161	39	deterred	deter	VERB
taxlaw-2855	161	40	by	by	ADP
taxlaw-2855	161	41	the	the	DET
taxlaw-2855	161	42	extant	extant	ADJ
taxlaw-2855	161	43	statutory	statutory	ADJ
taxlaw-2855	161	44	penalty	penalty	NOUN
taxlaw-2855	161	45	.	.	PUNCT
taxlaw-2855	162	1	this	this	PRON
taxlaw-2855	162	2	is	be	AUX
taxlaw-2855	162	3	true	true	ADJ
taxlaw-2855	162	4	even	even	ADV
taxlaw-2855	162	5	if	if	SCONJ
taxlaw-2855	162	6	every	every	DET
taxlaw-2855	162	7	member	member	NOUN
taxlaw-2855	162	8	of	of	ADP
taxlaw-2855	162	9	congress	congress	PROPN
taxlaw-2855	162	10	subsequently	subsequently	ADV
taxlaw-2855	162	11	decries	decry	VERB
taxlaw-2855	162	12	the	the	DET
taxlaw-2855	162	13	inefficacy	inefficacy	NOUN
taxlaw-2855	162	14	of	of	ADP
taxlaw-2855	162	15	the	the	DET
taxlaw-2855	162	16	statutory	statutory	ADJ
taxlaw-2855	162	17	language	language	NOUN
taxlaw-2855	162	18	;	;	PUNCT
taxlaw-2855	162	19	if	if	SCONJ
taxlaw-2855	162	20	those	those	DET
taxlaw-2855	162	21	outcries	outcry	NOUN
taxlaw-2855	162	22	result	result	VERB
taxlaw-2855	162	23	in	in	ADP
taxlaw-2855	162	24	an	an	DET
taxlaw-2855	162	25	amendment	amendment	NOUN
taxlaw-2855	162	26	to	to	ADP
taxlaw-2855	162	27	the	the	DET
taxlaw-2855	162	28	statute	statute	NOUN
taxlaw-2855	162	29	,	,	PUNCT
taxlaw-2855	162	30	then	then	ADV
taxlaw-2855	162	31	fine	fine	ADJ
taxlaw-2855	162	32	,	,	PUNCT
taxlaw-2855	162	33	but	but	CCONJ
taxlaw-2855	162	34	otherwise	otherwise	ADV
taxlaw-2855	162	35	,	,	PUNCT
taxlaw-2855	162	36	the	the	DET
taxlaw-2855	162	37	prior	prior	ADJ
taxlaw-2855	162	38	statute	statute	NOUN
taxlaw-2855	162	39	remains	remain	VERB
taxlaw-2855	162	40	the	the	DET
taxlaw-2855	162	41	complete	complete	ADJ
taxlaw-2855	162	42	legislative	legislative	ADJ
taxlaw-2855	162	43	expression	expression	NOUN
taxlaw-2855	162	44	on	on	ADP
taxlaw-2855	162	45	the	the	DET
taxlaw-2855	162	46	matter	matter	NOUN
taxlaw-2855	162	47	.	.	PUNCT
taxlaw-2855	163	1	using	use	VERB
taxlaw-2855	163	2	a	a	DET
taxlaw-2855	163	3	selective	selective	ADJ
taxlaw-2855	163	4	application	application	NOUN
taxlaw-2855	163	5	of	of	ADP
taxlaw-2855	163	6	the	the	DET
taxlaw-2855	163	7	section	section	NOUN
taxlaw-2855	163	8	385	385	NUM
taxlaw-2855	163	9	regulations	regulation	NOUN
taxlaw-2855	163	10	to	to	PART
taxlaw-2855	163	11	add	add	VERB
taxlaw-2855	163	12	to	to	ADP
taxlaw-2855	163	13	a	a	DET
taxlaw-2855	163	14	statute	statute	NOUN
taxlaw-2855	163	15	that	that	PRON
taxlaw-2855	163	16	is	be	AUX
taxlaw-2855	163	17	universally	universally	ADV
taxlaw-2855	163	18	viewed	view	VERB
taxlaw-2855	163	19	as	as	ADP
taxlaw-2855	163	20	defective	defective	ADJ
taxlaw-2855	163	21	is	be	AUX
taxlaw-2855	163	22	just	just	ADV
taxlaw-2855	163	23	as	as	ADV
taxlaw-2855	163	24	problematic	problematic	ADJ
taxlaw-2855	163	25	as	as	ADP
taxlaw-2855	163	26	using	use	VERB
taxlaw-2855	163	27	the	the	DET
taxlaw-2855	163	28	regulations	regulation	NOUN
taxlaw-2855	163	29	to	to	PART
taxlaw-2855	163	30	alter	alter	VERB
taxlaw-2855	163	31	a	a	DET
taxlaw-2855	163	32	statute	statute	NOUN
taxlaw-2855	163	33	that	that	PRON
taxlaw-2855	163	34	is	be	AUX
taxlaw-2855	163	35	universally	universally	ADV
taxlaw-2855	163	36	loved	love	VERB
taxlaw-2855	163	37	.	.	PUNCT
taxlaw-2855	164	1	in	in	ADP
taxlaw-2855	164	2	order	order	NOUN
taxlaw-2855	164	3	to	to	PART
taxlaw-2855	164	4	make	make	VERB
taxlaw-2855	164	5	the	the	DET
taxlaw-2855	164	6	foregoing	forego	VERB
taxlaw-2855	164	7	more	more	ADV
taxlaw-2855	164	8	concrete	concrete	ADJ
taxlaw-2855	164	9	,	,	PUNCT
taxlaw-2855	164	10	let	let	VERB
taxlaw-2855	164	11	us	we	PRON
taxlaw-2855	164	12	return	return	VERB
taxlaw-2855	164	13	to	to	ADP
taxlaw-2855	164	14	section	section	NOUN
taxlaw-2855	164	15	163(j	163(j	PROPN
taxlaw-2855	164	16	)	)	PUNCT
taxlaw-2855	164	17	.	.	PUNCT
taxlaw-2855	165	1	in	in	ADP
taxlaw-2855	165	2	the	the	DET
taxlaw-2855	165	3	prior	prior	ADJ
taxlaw-2855	165	4	section	section	NOUN
taxlaw-2855	165	5	163(j	163(j	NUM
taxlaw-2855	165	6	)	)	PUNCT
taxlaw-2855	165	7	example	example	NOUN
taxlaw-2855	165	8	,	,	PUNCT
taxlaw-2855	165	9	we	we	PRON
taxlaw-2855	165	10	analyzed	analyze	VERB
taxlaw-2855	165	11	an	an	DET
taxlaw-2855	165	12	attempt	attempt	NOUN
taxlaw-2855	165	13	to	to	PART
taxlaw-2855	165	14	change	change	VERB
taxlaw-2855	165	15	a	a	DET
taxlaw-2855	165	16	50	50	NUM
taxlaw-2855	165	17	%	%	NOUN
taxlaw-2855	165	18	limitation	limitation	NOUN
taxlaw-2855	165	19	to	to	ADP
taxlaw-2855	165	20	25	25	NUM
taxlaw-2855	165	21	%	%	NOUN
taxlaw-2855	165	22	through	through	ADP
taxlaw-2855	165	23	the	the	DET
taxlaw-2855	165	24	auspices	auspex	NOUN
taxlaw-2855	165	25	of	of	ADP
taxlaw-2855	165	26	broad	broad	ADJ
taxlaw-2855	165	27	section	section	NOUN
taxlaw-2855	165	28	385	385	NUM
taxlaw-2855	165	29	regulatory	regulatory	ADJ
taxlaw-2855	165	30	authority	authority	NOUN
taxlaw-2855	165	31	.	.	PUNCT
taxlaw-2855	166	1	in	in	ADP
taxlaw-2855	166	2	that	that	DET
taxlaw-2855	166	3	case	case	NOUN
taxlaw-2855	166	4	it	it	PRON
taxlaw-2855	166	5	was	be	AUX
taxlaw-2855	166	6	clear	clear	ADJ
taxlaw-2855	166	7	that	that	SCONJ
taxlaw-2855	166	8	the	the	DET
taxlaw-2855	166	9	statutory	statutory	ADJ
taxlaw-2855	166	10	rule	rule	NOUN
taxlaw-2855	166	11	was	be	AUX
taxlaw-2855	166	12	being	be	AUX
taxlaw-2855	166	13	altered	alter	VERB
taxlaw-2855	166	14	because	because	SCONJ
taxlaw-2855	166	15	one	one	NUM
taxlaw-2855	166	16	needed	need	VERB
taxlaw-2855	166	17	to	to	PART
taxlaw-2855	166	18	cross	cross	VERB
taxlaw-2855	166	19	out	out	ADP
taxlaw-2855	166	20	the	the	DET
taxlaw-2855	166	21	number	number	NOUN
taxlaw-2855	166	22	“	"	PUNCT
taxlaw-2855	166	23	50	50	NUM
taxlaw-2855	166	24	”	"	PUNCT
taxlaw-2855	166	25	and	and	CCONJ
taxlaw-2855	166	26	replace	replace	VERB
taxlaw-2855	166	27	it	it	PRON
taxlaw-2855	166	28	with	with	ADP
taxlaw-2855	166	29	the	the	DET
taxlaw-2855	166	30	number	number	NOUN
taxlaw-2855	166	31	“	"	PUNCT
taxlaw-2855	166	32	25	25	NUM
taxlaw-2855	166	33	.	.	PUNCT
taxlaw-2855	166	34	”	"	PUNCT
taxlaw-2855	167	1	but	but	CCONJ
taxlaw-2855	167	2	is	be	AUX
taxlaw-2855	167	3	it	it	PRON
taxlaw-2855	167	4	any	any	ADV
taxlaw-2855	167	5	different	different	ADJ
taxlaw-2855	167	6	if	if	SCONJ
taxlaw-2855	167	7	the	the	DET
taxlaw-2855	167	8	new	new	ADJ
taxlaw-2855	167	9	provision	provision	NOUN
taxlaw-2855	167	10	adds	add	VERB
taxlaw-2855	167	11	words	word	NOUN
taxlaw-2855	167	12	without	without	ADP
taxlaw-2855	167	13	deleting	delete	VERB
taxlaw-2855	167	14	anything	anything	PRON
taxlaw-2855	167	15	?	?	PUNCT
taxlaw-2855	168	1	imagine	imagine	ADJ
taxlaw-2855	168	2	,	,	PUNCT
taxlaw-2855	168	3	for	for	ADP
taxlaw-2855	168	4	example	example	NOUN
taxlaw-2855	168	5	,	,	PUNCT
taxlaw-2855	168	6	that	that	SCONJ
taxlaw-2855	168	7	a	a	DET
taxlaw-2855	168	8	new	new	ADJ
taxlaw-2855	168	9	subsection	subsection	NOUN
taxlaw-2855	168	10	was	be	AUX
taxlaw-2855	168	11	added	add	VERB
taxlaw-2855	168	12	to	to	ADP
taxlaw-2855	168	13	section	section	NOUN
taxlaw-2855	168	14	163(j	163(j	PROPN
taxlaw-2855	168	15	)	)	PUNCT
taxlaw-2855	168	16	to	to	PART
taxlaw-2855	168	17	provide	provide	VERB
taxlaw-2855	168	18	that	that	SCONJ
taxlaw-2855	168	19	if	if	SCONJ
taxlaw-2855	168	20	a	a	DET
taxlaw-2855	168	21	corporation	corporation	NOUN
taxlaw-2855	168	22	has	have	AUX
taxlaw-2855	168	23	“	"	PUNCT
taxlaw-2855	168	24	disqualified	disqualify	VERB
taxlaw-2855	168	25	interest	interest	NOUN
taxlaw-2855	168	26	”	"	PUNCT
taxlaw-2855	168	27	within	within	ADP
taxlaw-2855	168	28	the	the	DET
taxlaw-2855	168	29	meaning	meaning	NOUN
taxlaw-2855	168	30	of	of	ADP
taxlaw-2855	168	31	section	section	NOUN
taxlaw-2855	168	32	163(j)(1)(a	163(j)(1)(a	NUM
taxlaw-2855	168	33	)	)	PUNCT
taxlaw-2855	168	34	,	,	PUNCT
taxlaw-2855	168	35	then	then	ADV
taxlaw-2855	168	36	in	in	ADP
taxlaw-2855	168	37	addition	addition	NOUN
taxlaw-2855	168	38	to	to	ADP
taxlaw-2855	168	39	the	the	DET
taxlaw-2855	168	40	foregoing	forego	VERB
taxlaw-2855	168	41	section	section	NOUN
taxlaw-2855	168	42	163(j	163(j	NUM
taxlaw-2855	168	43	)	)	PUNCT
taxlaw-2855	168	44	restrictions	restriction	NOUN
taxlaw-2855	168	45	,	,	PUNCT
taxlaw-2855	168	46	the	the	DET
taxlaw-2855	168	47	tax	tax	NOUN
taxlaw-2855	168	48	rate	rate	NOUN
taxlaw-2855	168	49	on	on	ADP
taxlaw-2855	168	50	the	the	DET
taxlaw-2855	168	51	corporation	corporation	NOUN
taxlaw-2855	168	52	’s	’s	PART
taxlaw-2855	168	53	net	net	ADJ
taxlaw-2855	168	54	income	income	NOUN
taxlaw-2855	168	55	from	from	ADP
taxlaw-2855	168	56	all	all	DET
taxlaw-2855	168	57	sources	source	NOUN
taxlaw-2855	168	58	is	be	AUX
taxlaw-2855	168	59	increased	increase	VERB
taxlaw-2855	168	60	from	from	ADP
taxlaw-2855	168	61	35	35	NUM
taxlaw-2855	168	62	%	%	NOUN
taxlaw-2855	168	63	to	to	PART
taxlaw-2855	168	64	40	40	NUM
taxlaw-2855	168	65	%	%	NOUN
taxlaw-2855	168	66	.	.	PUNCT
taxlaw-2855	169	1	this	this	PRON
taxlaw-2855	169	2	could	could	AUX
taxlaw-2855	169	3	be	be	AUX
taxlaw-2855	169	4	achieved	achieve	VERB
taxlaw-2855	169	5	,	,	PUNCT
taxlaw-2855	169	6	for	for	ADP
taxlaw-2855	169	7	example	example	NOUN
taxlaw-2855	169	8	,	,	PUNCT
taxlaw-2855	169	9	by	by	ADP
taxlaw-2855	169	10	providing	provide	VERB
taxlaw-2855	169	11	that	that	SCONJ
taxlaw-2855	169	12	,	,	PUNCT
taxlaw-2855	169	13	for	for	ADP
taxlaw-2855	169	14	any	any	DET
taxlaw-2855	169	15	corporation	corporation	NOUN
taxlaw-2855	169	16	with	with	ADP
taxlaw-2855	169	17	disqualified	disqualified	ADJ
taxlaw-2855	169	18	interest	interest	NOUN
taxlaw-2855	169	19	,	,	PUNCT
taxlaw-2855	169	20	the	the	DET
taxlaw-2855	169	21	amount	amount	NOUN
taxlaw-2855	169	22	of	of	ADP
taxlaw-2855	169	23	disqualified	disqualified	ADJ
taxlaw-2855	169	24	interest	interest	NOUN
taxlaw-2855	169	25	is	be	AUX
taxlaw-2855	169	26	grossed	gross	VERB
taxlaw-2855	169	27	up	up	ADP
taxlaw-2855	169	28	to	to	PART
taxlaw-2855	169	29	arrive	arrive	VERB
taxlaw-2855	169	30	at	at	ADP
taxlaw-2855	169	31	an	an	DET
taxlaw-2855	169	32	effective	effective	ADJ
taxlaw-2855	169	33	40	40	NUM
taxlaw-2855	169	34	%	%	NOUN
taxlaw-2855	169	35	tax	tax	NOUN
taxlaw-2855	169	36	rate	rate	NOUN
taxlaw-2855	169	37	on	on	ADP
taxlaw-2855	169	38	the	the	DET
taxlaw-2855	169	39	corporation	corporation	NOUN
taxlaw-2855	169	40	’s	’s	PART
taxlaw-2855	169	41	net	net	ADJ
taxlaw-2855	169	42	income	income	NOUN
taxlaw-2855	169	43	.	.	PUNCT
taxlaw-2855	170	1	in	in	ADP
taxlaw-2855	170	2	effect	effect	NOUN
taxlaw-2855	170	3	,	,	PUNCT
taxlaw-2855	170	4	this	this	DET
taxlaw-2855	170	5	change	change	NOUN
taxlaw-2855	170	6	would	would	AUX
taxlaw-2855	170	7	be	be	AUX
taxlaw-2855	170	8	an	an	DET
taxlaw-2855	170	9	increase	increase	NOUN
taxlaw-2855	170	10	in	in	ADP
taxlaw-2855	170	11	the	the	DET
taxlaw-2855	170	12	section	section	NOUN
taxlaw-2855	170	13	163(j	163(j	PROPN
taxlaw-2855	170	14	)	)	PUNCT
taxlaw-2855	170	15	“	"	PUNCT
taxlaw-2855	170	16	penalty	penalty	NOUN
taxlaw-2855	170	17	”	"	PUNCT
taxlaw-2855	170	18	for	for	ADP
taxlaw-2855	170	19	overleverage	overleverage	NOUN
taxlaw-2855	170	20	.	.	PUNCT
taxlaw-2855	171	1	if	if	SCONJ
taxlaw-2855	171	2	a	a	DET
taxlaw-2855	171	3	selective	selective	ADJ
taxlaw-2855	171	4	application	application	NOUN
taxlaw-2855	171	5	of	of	ADP
taxlaw-2855	171	6	section	section	NOUN
taxlaw-2855	171	7	385	385	NUM
taxlaw-2855	171	8	regulatory	regulatory	ADJ
taxlaw-2855	171	9	authority	authority	NOUN
taxlaw-2855	171	10	were	be	AUX
taxlaw-2855	171	11	used	use	VERB
taxlaw-2855	171	12	to	to	PART
taxlaw-2855	171	13	back	back	VERB
taxlaw-2855	171	14	into	into	ADP
taxlaw-2855	171	15	the	the	DET
taxlaw-2855	171	16	same	same	ADJ
taxlaw-2855	171	17	result	result	NOUN
taxlaw-2855	171	18	—	—	PUNCT
taxlaw-2855	171	19	using	use	VERB
taxlaw-2855	171	20	section	section	NOUN
taxlaw-2855	171	21	385	385	NUM
taxlaw-2855	171	22	to	to	PART
taxlaw-2855	171	23	add	add	VERB
taxlaw-2855	171	24	additional	additional	ADJ
taxlaw-2855	171	25	penalties	penalty	NOUN
taxlaw-2855	171	26	for	for	ADP
taxlaw-2855	171	27	running	run	VERB
taxlaw-2855	171	28	afoul	afoul	NOUN
taxlaw-2855	171	29	of	of	ADP
taxlaw-2855	171	30	section	section	NOUN
taxlaw-2855	171	31	163(j)—such	163(j)—such	PRON
taxlaw-2855	171	32	action	action	NOUN
taxlaw-2855	171	33	should	should	AUX
taxlaw-2855	171	34	be	be	AUX
taxlaw-2855	171	35	analyzed	analyze	VERB
taxlaw-2855	171	36	in	in	ADP
taxlaw-2855	171	37	the	the	DET
taxlaw-2855	171	38	same	same	ADJ
taxlaw-2855	171	39	manner	manner	NOUN
taxlaw-2855	171	40	as	as	SCONJ
taxlaw-2855	171	41	if	if	SCONJ
taxlaw-2855	171	42	the	the	DET
taxlaw-2855	171	43	regulations	regulation	NOUN
taxlaw-2855	171	44	had	have	AUX
taxlaw-2855	171	45	changed	change	VERB
taxlaw-2855	171	46	50	50	NUM
taxlaw-2855	171	47	%	%	NOUN
taxlaw-2855	171	48	to	to	PART
taxlaw-2855	171	49	25	25	NUM
taxlaw-2855	171	50	%	%	NOUN
taxlaw-2855	171	51	.	.	PUNCT
taxlaw-2855	172	1	d.	d.	PROPN
taxlaw-2855	172	2	a	a	DET
taxlaw-2855	172	3	selective	selective	ADJ
taxlaw-2855	172	4	regulatory	regulatory	ADJ
taxlaw-2855	172	5	interpretation	interpretation	NOUN
taxlaw-2855	172	6	is	be	AUX
taxlaw-2855	172	7	not	not	PART
taxlaw-2855	172	8	improper	improper	ADJ
taxlaw-2855	172	9	merely	merely	ADV
taxlaw-2855	172	10	because	because	SCONJ
taxlaw-2855	172	11	it	it	PRON
taxlaw-2855	172	12	has	have	VERB
taxlaw-2855	172	13	an	an	DET
taxlaw-2855	172	14	effect	effect	NOUN
taxlaw-2855	172	15	on	on	ADP
taxlaw-2855	172	16	other	other	ADJ
taxlaw-2855	172	17	code	code	NOUN
taxlaw-2855	172	18	sections	section	NOUN
taxlaw-2855	172	19	,	,	PUNCT
taxlaw-2855	172	20	even	even	ADV
taxlaw-2855	172	21	if	if	SCONJ
taxlaw-2855	172	22	those	those	DET
taxlaw-2855	172	23	other	other	ADJ
taxlaw-2855	172	24	code	code	NOUN
taxlaw-2855	172	25	sections	section	NOUN
taxlaw-2855	172	26	are	be	AUX
taxlaw-2855	172	27	acknowledged	acknowledge	VERB
taxlaw-2855	172	28	to	to	PART
taxlaw-2855	172	29	be	be	AUX
taxlaw-2855	172	30	unambiguous	unambiguous	ADJ
taxlaw-2855	172	31	and	and	CCONJ
taxlaw-2855	172	32	complete	complete	ADJ
taxlaw-2855	172	33	.	.	PUNCT
taxlaw-2855	173	1	this	this	PRON
taxlaw-2855	173	2	sounds	sound	VERB
taxlaw-2855	173	3	like	like	ADP
taxlaw-2855	173	4	the	the	DET
taxlaw-2855	173	5	opposite	opposite	NOUN
taxlaw-2855	173	6	of	of	ADP
taxlaw-2855	173	7	what	what	PRON
taxlaw-2855	173	8	we	we	PRON
taxlaw-2855	173	9	set	set	VERB
taxlaw-2855	173	10	out	out	ADP
taxlaw-2855	173	11	in	in	ADP
taxlaw-2855	173	12	part	part	NOUN
taxlaw-2855	173	13	i.2	i.2	PROPN
taxlaw-2855	173	14	.	.	PUNCT
taxlaw-2855	174	1	above	above	ADV
taxlaw-2855	174	2	,	,	PUNCT
taxlaw-2855	174	3	but	but	CCONJ
taxlaw-2855	174	4	it	it	PRON
taxlaw-2855	174	5	is	be	AUX
taxlaw-2855	174	6	obviously	obviously	ADV
taxlaw-2855	174	7	also	also	ADV
taxlaw-2855	174	8	true	true	ADJ
taxlaw-2855	174	9	.	.	PUNCT
taxlaw-2855	175	1	for	for	ADP
taxlaw-2855	175	2	example	example	NOUN
taxlaw-2855	175	3	,	,	PUNCT
taxlaw-2855	175	4	a	a	DET
taxlaw-2855	175	5	selective	selective	ADJ
taxlaw-2855	175	6	interpretation	interpretation	NOUN
taxlaw-2855	175	7	of	of	ADP
taxlaw-2855	175	8	section	section	NOUN
taxlaw-2855	175	9	385	385	NUM
taxlaw-2855	175	10	has	have	VERB
taxlaw-2855	175	11	a	a	DET
taxlaw-2855	175	12	direct	direct	ADJ
taxlaw-2855	175	13	effect	effect	NOUN
taxlaw-2855	175	14	on	on	ADP
taxlaw-2855	175	15	section	section	NOUN
taxlaw-2855	175	16	163	163	NUM
taxlaw-2855	175	17	.	.	PUNCT
taxlaw-2855	176	1	this	this	PRON
taxlaw-2855	176	2	is	be	AUX
taxlaw-2855	176	3	not	not	PART
taxlaw-2855	176	4	strange	strange	ADJ
taxlaw-2855	176	5	;	;	PUNCT
taxlaw-2855	176	6	of	of	ADP
taxlaw-2855	176	7	course	course	NOUN
taxlaw-2855	176	8	,	,	PUNCT
taxlaw-2855	176	9	it	it	PRON
taxlaw-2855	176	10	is	be	AUX
taxlaw-2855	176	11	the	the	DET
taxlaw-2855	176	12	precise	precise	ADJ
taxlaw-2855	176	13	reason	reason	NOUN
taxlaw-2855	176	14	that	that	SCONJ
taxlaw-2855	176	15	one	one	PRON
taxlaw-2855	176	16	makes	make	VERB
taxlaw-2855	176	17	a	a	DET
taxlaw-2855	176	18	change	change	NOUN
taxlaw-2855	176	19	to	to	ADP
taxlaw-2855	176	20	section	section	NOUN
taxlaw-2855	176	21	385	385	NUM
taxlaw-2855	176	22	.	.	PUNCT
taxlaw-2855	177	1	turning	turn	VERB
taxlaw-2855	177	2	an	an	DET
taxlaw-2855	177	3	instrument	instrument	NOUN
taxlaw-2855	177	4	into	into	ADP
taxlaw-2855	177	5	equity	equity	NOUN
taxlaw-2855	177	6	is	be	AUX
taxlaw-2855	177	7	designed	design	VERB
taxlaw-2855	177	8	to	to	PART
taxlaw-2855	177	9	invoke	invoke	VERB
taxlaw-2855	177	10	28	28	NUM
taxlaw-2855	177	11	see	see	VERB
taxlaw-2855	177	12	landgraf	landgraf	NOUN
taxlaw-2855	177	13	v.	v.	ADP
taxlaw-2855	177	14	usi	usi	ADJ
taxlaw-2855	177	15	film	film	NOUN
taxlaw-2855	177	16	prods	prod	VERB
taxlaw-2855	177	17	.	.	PUNCT
taxlaw-2855	178	1	,	,	PUNCT
taxlaw-2855	178	2	511	511	NUM
taxlaw-2855	178	3	u.s	u.s	AUX
taxlaw-2855	178	4	.	.	PROPN
taxlaw-2855	178	5	244	244	NUM
taxlaw-2855	178	6	,	,	PUNCT
taxlaw-2855	178	7	286	286	NUM
taxlaw-2855	178	8	(	(	PUNCT
taxlaw-2855	178	9	1994	1994	NUM
taxlaw-2855	178	10	)	)	PUNCT
taxlaw-2855	178	11	(	(	PUNCT
taxlaw-2855	178	12	“	"	PUNCT
taxlaw-2855	178	13	statutes	statute	NOUN
taxlaw-2855	178	14	are	be	AUX
taxlaw-2855	178	15	seldom	seldom	ADV
taxlaw-2855	178	16	crafted	craft	VERB
taxlaw-2855	178	17	to	to	PART
taxlaw-2855	178	18	pursue	pursue	VERB
taxlaw-2855	178	19	a	a	DET
taxlaw-2855	178	20	single	single	ADJ
taxlaw-2855	178	21	goal	goal	NOUN
taxlaw-2855	178	22	,	,	PUNCT
taxlaw-2855	178	23	and	and	CCONJ
taxlaw-2855	178	24	compromises	compromise	VERB
taxlaw-2855	178	25	necessary	necessary	ADJ
taxlaw-2855	178	26	to	to	ADP
taxlaw-2855	178	27	their	their	PRON
taxlaw-2855	178	28	enactment	enactment	NOUN
taxlaw-2855	178	29	may	may	AUX
taxlaw-2855	178	30	require	require	VERB
taxlaw-2855	178	31	adopting	adopting	NOUN
taxlaw-2855	178	32	means	mean	NOUN
taxlaw-2855	178	33	other	other	ADJ
taxlaw-2855	178	34	than	than	ADP
taxlaw-2855	178	35	those	those	PRON
taxlaw-2855	178	36	that	that	PRON
taxlaw-2855	178	37	would	would	AUX
taxlaw-2855	178	38	most	most	ADV
taxlaw-2855	178	39	effectively	effectively	ADV
taxlaw-2855	178	40	pursue	pursue	VERB
taxlaw-2855	178	41	the	the	DET
taxlaw-2855	178	42	main	main	ADJ
taxlaw-2855	178	43	goal	goal	NOUN
taxlaw-2855	178	44	.	.	PUNCT
taxlaw-2855	178	45	”	"	PUNCT
taxlaw-2855	178	46	)	)	PUNCT
taxlaw-2855	178	47	.	.	PUNCT
taxlaw-2855	179	1	29	29	NUM
taxlaw-2855	179	2	see	see	VERB
taxlaw-2855	179	3	ragsdale	ragsdale	PROPN
taxlaw-2855	179	4	v.	v.	ADP
taxlaw-2855	179	5	wolverine	wolverine	PROPN
taxlaw-2855	179	6	world	world	PROPN
taxlaw-2855	179	7	wide	wide	PROPN
taxlaw-2855	179	8	,	,	PUNCT
taxlaw-2855	179	9	inc	inc	PROPN
taxlaw-2855	179	10	.	.	PROPN
taxlaw-2855	179	11	,	,	PUNCT
taxlaw-2855	179	12	535	535	NUM
taxlaw-2855	179	13	u.s	u.s	PROPN
taxlaw-2855	179	14	.	.	PROPN
taxlaw-2855	179	15	81	81	NUM
taxlaw-2855	179	16	,	,	PUNCT
taxlaw-2855	179	17	93–94	93–94	NUM
taxlaw-2855	179	18	(	(	PUNCT
taxlaw-2855	179	19	2002	2002	NUM
taxlaw-2855	179	20	)	)	PUNCT
taxlaw-2855	179	21	(	(	PUNCT
taxlaw-2855	179	22	“	"	PUNCT
taxlaw-2855	179	23	like	like	ADP
taxlaw-2855	179	24	any	any	DET
taxlaw-2855	179	25	key	key	ADJ
taxlaw-2855	179	26	term	term	NOUN
taxlaw-2855	179	27	in	in	ADP
taxlaw-2855	179	28	an	an	DET
taxlaw-2855	179	29	important	important	ADJ
taxlaw-2855	179	30	piece	piece	NOUN
taxlaw-2855	179	31	of	of	ADP
taxlaw-2855	179	32	legislation	legislation	NOUN
taxlaw-2855	179	33	,	,	PUNCT
taxlaw-2855	179	34	the	the	DET
taxlaw-2855	179	35	[	[	X
taxlaw-2855	179	36	relevant	relevant	X
taxlaw-2855	179	37	]	]	X
taxlaw-2855	179	38	figure	figure	NOUN
taxlaw-2855	179	39	was	be	AUX
taxlaw-2855	179	40	the	the	DET
taxlaw-2855	179	41	result	result	NOUN
taxlaw-2855	179	42	of	of	ADP
taxlaw-2855	179	43	compromise	compromise	NOUN
taxlaw-2855	179	44	between	between	ADP
taxlaw-2855	179	45	groups	group	NOUN
taxlaw-2855	179	46	with	with	ADP
taxlaw-2855	179	47	marked	marked	ADJ
taxlaw-2855	179	48	but	but	CCONJ
taxlaw-2855	179	49	divergent	divergent	ADJ
taxlaw-2855	179	50	interests	interest	NOUN
taxlaw-2855	179	51	in	in	ADP
taxlaw-2855	179	52	the	the	DET
taxlaw-2855	179	53	contested	contested	ADJ
taxlaw-2855	179	54	provision	provision	NOUN
taxlaw-2855	179	55	…	…	PUNCT
taxlaw-2855	179	56	courts	court	NOUN
taxlaw-2855	179	57	and	and	CCONJ
taxlaw-2855	179	58	agencies	agency	NOUN
taxlaw-2855	179	59	must	must	AUX
taxlaw-2855	179	60	respect	respect	VERB
taxlaw-2855	179	61	and	and	CCONJ
taxlaw-2855	179	62	give	give	VERB
taxlaw-2855	179	63	effect	effect	NOUN
taxlaw-2855	179	64	to	to	ADP
taxlaw-2855	179	65	these	these	DET
taxlaw-2855	179	66	sorts	sort	NOUN
taxlaw-2855	179	67	of	of	ADP
taxlaw-2855	179	68	compromises	compromise	NOUN
taxlaw-2855	179	69	.	.	PUNCT
taxlaw-2855	179	70	”	"	PUNCT
taxlaw-2855	179	71	)	)	PUNCT
taxlaw-2855	179	72	;	;	PUNCT
taxlaw-2855	179	73	w.	w.	PROPN
taxlaw-2855	179	74	va	va	PROPN
taxlaw-2855	179	75	.	.	PROPN
taxlaw-2855	179	76	univ	univ	PROPN
taxlaw-2855	179	77	.	.	PUNCT
taxlaw-2855	179	78	hosps	hosps	PROPN
taxlaw-2855	179	79	.	.	PUNCT
taxlaw-2855	179	80	,	,	PUNCT
taxlaw-2855	179	81	inc	inc	PROPN
taxlaw-2855	179	82	.	.	PROPN
taxlaw-2855	180	1	v.	v.	PROPN
taxlaw-2855	180	2	casey	casey	PROPN
taxlaw-2855	180	3	,	,	PUNCT
taxlaw-2855	180	4	499	499	NUM
taxlaw-2855	180	5	u.s	u.s	PROPN
taxlaw-2855	180	6	.	.	PROPN
taxlaw-2855	180	7	98–99	98–99	NUM
taxlaw-2855	180	8	(	(	PUNCT
taxlaw-2855	180	9	1991	1991	NUM
taxlaw-2855	180	10	)	)	PUNCT
taxlaw-2855	180	11	(	(	PUNCT
taxlaw-2855	180	12	“	"	PUNCT
taxlaw-2855	180	13	the	the	DET
taxlaw-2855	180	14	best	good	ADJ
taxlaw-2855	180	15	evidence	evidence	NOUN
taxlaw-2855	180	16	of	of	ADP
taxlaw-2855	180	17	[	[	PUNCT
taxlaw-2855	180	18	a	a	DET
taxlaw-2855	180	19	statute	statute	NOUN
taxlaw-2855	180	20	’s	’s	PART
taxlaw-2855	180	21	]	]	PUNCT
taxlaw-2855	180	22	purpose	purpose	NOUN
taxlaw-2855	180	23	is	be	AUX
taxlaw-2855	180	24	the	the	DET
taxlaw-2855	180	25	statutory	statutory	ADJ
taxlaw-2855	180	26	text	text	NOUN
taxlaw-2855	180	27	adopted	adopt	VERB
taxlaw-2855	180	28	by	by	ADP
taxlaw-2855	180	29	both	both	DET
taxlaw-2855	180	30	houses	house	NOUN
taxlaw-2855	180	31	of	of	ADP
taxlaw-2855	180	32	congress	congress	PROPN
taxlaw-2855	180	33	and	and	CCONJ
taxlaw-2855	180	34	submitted	submit	VERB
taxlaw-2855	180	35	to	to	ADP
taxlaw-2855	180	36	the	the	DET
taxlaw-2855	180	37	president	president	NOUN
taxlaw-2855	180	38	.	.	PUNCT
taxlaw-2855	180	39	”	"	PUNCT
taxlaw-2855	180	40	)	)	PUNCT
taxlaw-2855	180	41	.	.	PUNCT
taxlaw-2855	181	1	30	30	NUM
taxlaw-2855	181	2	see	see	VERB
taxlaw-2855	181	3	ragsdale	ragsdale	NOUN
taxlaw-2855	181	4	,	,	PUNCT
taxlaw-2855	181	5	535	535	NUM
taxlaw-2855	181	6	u.s	u.s	PROPN
taxlaw-2855	181	7	.	.	PROPN
taxlaw-2855	181	8	at	at	ADP
taxlaw-2855	181	9	93–94	93–94	NUM
taxlaw-2855	181	10	.	.	NOUN
taxlaw-2855	181	11	2017	2017	NUM
taxlaw-2855	181	12	]	]	PUNCT
taxlaw-2855	181	13	a	a	DET
taxlaw-2855	181	14	framework	framework	NOUN
taxlaw-2855	181	15	for	for	ADP
taxlaw-2855	181	16	testing	test	VERB
taxlaw-2855	181	17	regulatory	regulatory	ADJ
taxlaw-2855	181	18	authority	authority	NOUN
taxlaw-2855	181	19	335	335	NUM
taxlaw-2855	181	20	all	all	PRON
taxlaw-2855	181	21	of	of	ADP
taxlaw-2855	181	22	the	the	DET
taxlaw-2855	181	23	consequences	consequence	NOUN
taxlaw-2855	181	24	that	that	PRON
taxlaw-2855	181	25	follow	follow	VERB
taxlaw-2855	181	26	therefrom	therefrom	NOUN
taxlaw-2855	181	27	.	.	PUNCT
taxlaw-2855	182	1	in	in	ADP
taxlaw-2855	182	2	plainer	plain	ADJ
taxlaw-2855	182	3	language	language	NOUN
taxlaw-2855	182	4	,	,	PUNCT
taxlaw-2855	182	5	it	it	PRON
taxlaw-2855	182	6	does	do	AUX
taxlaw-2855	182	7	n’t	not	PART
taxlaw-2855	182	8	make	make	VERB
taxlaw-2855	182	9	sense	sense	NOUN
taxlaw-2855	182	10	to	to	PART
taxlaw-2855	182	11	say	say	VERB
taxlaw-2855	182	12	that	that	SCONJ
taxlaw-2855	182	13	one	one	NOUN
taxlaw-2855	182	14	is	be	AUX
taxlaw-2855	182	15	changing	change	VERB
taxlaw-2855	182	16	section	section	NOUN
taxlaw-2855	182	17	385	385	NUM
taxlaw-2855	182	18	in	in	ADP
taxlaw-2855	182	19	order	order	NOUN
taxlaw-2855	182	20	to	to	PART
taxlaw-2855	182	21	make	make	VERB
taxlaw-2855	182	22	a	a	DET
taxlaw-2855	182	23	sub	sub	NOUN
taxlaw-2855	182	24	rosa	rosa	PROPN
taxlaw-2855	182	25	change	change	NOUN
taxlaw-2855	182	26	to	to	ADP
taxlaw-2855	182	27	section	section	NOUN
taxlaw-2855	182	28	163	163	NUM
taxlaw-2855	182	29	;	;	PUNCT
taxlaw-2855	182	30	instead	instead	ADV
taxlaw-2855	182	31	,	,	PUNCT
taxlaw-2855	182	32	one	one	PRON
taxlaw-2855	182	33	is	be	AUX
taxlaw-2855	182	34	changing	change	VERB
taxlaw-2855	182	35	section	section	NOUN
taxlaw-2855	182	36	385	385	NUM
taxlaw-2855	182	37	to	to	PART
taxlaw-2855	182	38	produce	produce	VERB
taxlaw-2855	182	39	a	a	DET
taxlaw-2855	182	40	derivative	derivative	ADJ
taxlaw-2855	182	41	consequence	consequence	NOUN
taxlaw-2855	182	42	under	under	ADP
taxlaw-2855	182	43	section	section	NOUN
taxlaw-2855	182	44	163.b	163.b	NOUN
taxlaw-2855	183	1	this	this	DET
taxlaw-2855	183	2	observation	observation	NOUN
taxlaw-2855	183	3	immediately	immediately	ADV
taxlaw-2855	183	4	makes	make	VERB
taxlaw-2855	183	5	clear	clear	ADJ
taxlaw-2855	183	6	that	that	SCONJ
taxlaw-2855	183	7	it	it	PRON
taxlaw-2855	183	8	is	be	AUX
taxlaw-2855	183	9	going	go	VERB
taxlaw-2855	183	10	to	to	PART
taxlaw-2855	183	11	be	be	AUX
taxlaw-2855	183	12	harder	hard	ADJ
taxlaw-2855	183	13	to	to	PART
taxlaw-2855	183	14	apply	apply	VERB
taxlaw-2855	183	15	these	these	DET
taxlaw-2855	183	16	principles	principle	NOUN
taxlaw-2855	183	17	than	than	SCONJ
taxlaw-2855	183	18	it	it	PRON
taxlaw-2855	183	19	originally	originally	ADV
taxlaw-2855	183	20	appeared	appear	VERB
taxlaw-2855	183	21	.	.	PUNCT
taxlaw-2855	184	1	we	we	PRON
taxlaw-2855	184	2	will	will	AUX
taxlaw-2855	184	3	need	need	VERB
taxlaw-2855	184	4	to	to	PART
taxlaw-2855	184	5	decide	decide	VERB
taxlaw-2855	184	6	when	when	SCONJ
taxlaw-2855	184	7	one	one	NUM
taxlaw-2855	184	8	statutory	statutory	ADJ
taxlaw-2855	184	9	provision	provision	NOUN
taxlaw-2855	184	10	is	be	AUX
taxlaw-2855	184	11	derivative	derivative	ADJ
taxlaw-2855	184	12	of	of	ADP
taxlaw-2855	184	13	another	another	PRON
taxlaw-2855	184	14	and	and	CCONJ
taxlaw-2855	184	15	when	when	SCONJ
taxlaw-2855	184	16	they	they	PRON
taxlaw-2855	184	17	are	be	AUX
taxlaw-2855	184	18	independent	independent	ADJ
taxlaw-2855	184	19	of	of	ADP
taxlaw-2855	184	20	each	each	DET
taxlaw-2855	184	21	other	other	ADJ
taxlaw-2855	184	22	.	.	PUNCT
taxlaw-2855	185	1	moreover	moreover	ADV
taxlaw-2855	185	2	,	,	PUNCT
taxlaw-2855	185	3	the	the	DET
taxlaw-2855	185	4	effect	effect	NOUN
taxlaw-2855	185	5	on	on	ADP
taxlaw-2855	185	6	another	another	DET
taxlaw-2855	185	7	code	code	NOUN
taxlaw-2855	185	8	section	section	NOUN
taxlaw-2855	185	9	could	could	AUX
taxlaw-2855	185	10	be	be	AUX
taxlaw-2855	185	11	a	a	DET
taxlaw-2855	185	12	proper	proper	ADJ
taxlaw-2855	185	13	application	application	NOUN
taxlaw-2855	185	14	of	of	ADP
taxlaw-2855	185	15	selective	selective	ADJ
taxlaw-2855	185	16	regulatory	regulatory	ADJ
taxlaw-2855	185	17	interpretation	interpretation	NOUN
taxlaw-2855	185	18	of	of	ADP
taxlaw-2855	185	19	section	section	NOUN
taxlaw-2855	185	20	385	385	NUM
taxlaw-2855	185	21	,	,	PUNCT
taxlaw-2855	185	22	not	not	PART
taxlaw-2855	185	23	only	only	ADV
taxlaw-2855	185	24	because	because	SCONJ
taxlaw-2855	185	25	the	the	DET
taxlaw-2855	185	26	other	other	ADJ
taxlaw-2855	185	27	code	code	NOUN
taxlaw-2855	185	28	section	section	NOUN
taxlaw-2855	185	29	derives	derive	VERB
taxlaw-2855	185	30	from	from	ADP
taxlaw-2855	185	31	section	section	NOUN
taxlaw-2855	185	32	385	385	NUM
taxlaw-2855	185	33	,	,	PUNCT
taxlaw-2855	185	34	but	but	CCONJ
taxlaw-2855	185	35	also	also	ADV
taxlaw-2855	185	36	because	because	SCONJ
taxlaw-2855	185	37	both	both	DET
taxlaw-2855	185	38	section	section	NOUN
taxlaw-2855	185	39	385	385	NUM
taxlaw-2855	185	40	and	and	CCONJ
taxlaw-2855	185	41	the	the	DET
taxlaw-2855	185	42	other	other	ADJ
taxlaw-2855	185	43	code	code	NOUN
taxlaw-2855	185	44	section	section	NOUN
taxlaw-2855	185	45	derive	derive	ADJ
taxlaw-2855	185	46	from	from	ADP
taxlaw-2855	185	47	a	a	DET
taxlaw-2855	185	48	common	common	ADJ
taxlaw-2855	185	49	higher	high	ADJ
taxlaw-2855	185	50	-	-	PUNCT
taxlaw-2855	185	51	order	order	NOUN
taxlaw-2855	185	52	principle	principle	NOUN
taxlaw-2855	185	53	.	.	PUNCT
taxlaw-2855	186	1	thus	thus	ADV
taxlaw-2855	186	2	,	,	PUNCT
taxlaw-2855	186	3	for	for	ADP
taxlaw-2855	186	4	example	example	NOUN
taxlaw-2855	186	5	,	,	PUNCT
taxlaw-2855	186	6	one	one	PRON
taxlaw-2855	186	7	might	might	AUX
taxlaw-2855	186	8	say	say	VERB
taxlaw-2855	186	9	that	that	SCONJ
taxlaw-2855	186	10	a	a	DET
taxlaw-2855	186	11	selective	selective	ADJ
taxlaw-2855	186	12	transformation	transformation	NOUN
taxlaw-2855	186	13	of	of	ADP
taxlaw-2855	186	14	related	relate	VERB
taxlaw-2855	186	15	-	-	PUNCT
taxlaw-2855	186	16	party	party	NOUN
taxlaw-2855	186	17	debt	debt	NOUN
taxlaw-2855	186	18	into	into	ADP
taxlaw-2855	186	19	equity	equity	NOUN
taxlaw-2855	186	20	has	have	VERB
taxlaw-2855	186	21	a	a	DET
taxlaw-2855	186	22	suspicious	suspicious	ADJ
taxlaw-2855	186	23	effect	effect	NOUN
taxlaw-2855	186	24	on	on	ADP
taxlaw-2855	186	25	treaties	treaty	NOUN
taxlaw-2855	186	26	.	.	PUNCT
taxlaw-2855	187	1	is	be	AUX
taxlaw-2855	187	2	n’t	not	PART
taxlaw-2855	187	3	this	this	PRON
taxlaw-2855	187	4	a	a	DET
taxlaw-2855	187	5	way	way	NOUN
taxlaw-2855	187	6	to	to	PART
taxlaw-2855	187	7	backhandedly	backhandedly	ADV
taxlaw-2855	187	8	renegotiate	renegotiate	VERB
taxlaw-2855	187	9	all	all	DET
taxlaw-2855	187	10	treaties	treaty	NOUN
taxlaw-2855	187	11	that	that	PRON
taxlaw-2855	187	12	have	have	VERB
taxlaw-2855	187	13	a	a	DET
taxlaw-2855	187	14	lesser	less	ADJ
taxlaw-2855	187	15	rate	rate	NOUN
taxlaw-2855	187	16	of	of	ADP
taxlaw-2855	187	17	withholding	withhold	VERB
taxlaw-2855	187	18	on	on	ADP
taxlaw-2855	187	19	interest	interest	NOUN
taxlaw-2855	187	20	than	than	ADP
taxlaw-2855	187	21	on	on	ADP
taxlaw-2855	187	22	dividends	dividend	NOUN
taxlaw-2855	187	23	?	?	PUNCT
taxlaw-2855	188	1	we	we	PRON
taxlaw-2855	188	2	would	would	AUX
taxlaw-2855	188	3	argue	argue	VERB
taxlaw-2855	188	4	that	that	SCONJ
taxlaw-2855	188	5	those	those	DET
taxlaw-2855	188	6	suspicions	suspicion	NOUN
taxlaw-2855	188	7	are	be	AUX
taxlaw-2855	188	8	illfounded	illfounde	VERB
taxlaw-2855	188	9	,	,	PUNCT
taxlaw-2855	188	10	because	because	SCONJ
taxlaw-2855	188	11	both	both	DET
taxlaw-2855	188	12	section	section	NOUN
taxlaw-2855	188	13	385	385	NUM
taxlaw-2855	188	14	and	and	CCONJ
taxlaw-2855	188	15	treaties	treaty	NOUN
taxlaw-2855	188	16	acknowledge	acknowledge	VERB
taxlaw-2855	188	17	the	the	DET
taxlaw-2855	188	18	higher	high	ADJ
taxlaw-2855	188	19	-	-	PUNCT
taxlaw-2855	188	20	order	order	NOUN
taxlaw-2855	188	21	principle	principle	NOUN
taxlaw-2855	188	22	that	that	SCONJ
taxlaw-2855	188	23	relatedness	relatedness	NOUN
taxlaw-2855	188	24	is	be	AUX
taxlaw-2855	188	25	relevant	relevant	ADJ
taxlaw-2855	188	26	.	.	PUNCT
taxlaw-2855	189	1	relatedness	relatedness	NOUN
taxlaw-2855	189	2	is	be	AUX
taxlaw-2855	189	3	relevant	relevant	ADJ
taxlaw-2855	189	4	to	to	ADP
taxlaw-2855	189	5	the	the	DET
taxlaw-2855	189	6	debt	debt	NOUN
taxlaw-2855	189	7	-	-	PUNCT
taxlaw-2855	189	8	equity	equity	NOUN
taxlaw-2855	189	9	question	question	NOUN
taxlaw-2855	189	10	because	because	SCONJ
taxlaw-2855	189	11	it	it	PRON
taxlaw-2855	189	12	calls	call	VERB
taxlaw-2855	189	13	into	into	ADP
taxlaw-2855	189	14	question	question	NOUN
taxlaw-2855	189	15	whether	whether	SCONJ
taxlaw-2855	189	16	the	the	DET
taxlaw-2855	189	17	parties	party	NOUN
taxlaw-2855	189	18	will	will	AUX
taxlaw-2855	189	19	act	act	VERB
taxlaw-2855	189	20	purely	purely	ADV
taxlaw-2855	189	21	in	in	ADP
taxlaw-2855	189	22	accordance	accordance	NOUN
taxlaw-2855	189	23	with	with	ADP
taxlaw-2855	189	24	their	their	PRON
taxlaw-2855	189	25	debtorcreditor	debtorcreditor	NOUN
taxlaw-2855	189	26	status	status	NOUN
taxlaw-2855	189	27	.	.	PUNCT
taxlaw-2855	190	1	relatedness	relatedness	NOUN
taxlaw-2855	190	2	is	be	AUX
taxlaw-2855	190	3	relevant	relevant	ADJ
taxlaw-2855	190	4	to	to	ADP
taxlaw-2855	190	5	treaties	treaty	NOUN
taxlaw-2855	190	6	because	because	SCONJ
taxlaw-2855	190	7	the	the	DET
taxlaw-2855	190	8	portfolio	portfolio	NOUN
taxlaw-2855	190	9	interest	interest	NOUN
taxlaw-2855	190	10	exception	exception	NOUN
taxlaw-2855	190	11	obviates	obviate	VERB
taxlaw-2855	190	12	the	the	DET
taxlaw-2855	190	13	need	need	NOUN
taxlaw-2855	190	14	to	to	PART
taxlaw-2855	190	15	rely	rely	VERB
taxlaw-2855	190	16	on	on	ADP
taxlaw-2855	190	17	reduced	reduce	VERB
taxlaw-2855	190	18	treaty	treaty	NOUN
taxlaw-2855	190	19	withholding	withholding	NOUN
taxlaw-2855	190	20	rates	rate	NOUN
taxlaw-2855	190	21	on	on	ADP
taxlaw-2855	190	22	interest	interest	NOUN
taxlaw-2855	190	23	in	in	ADP
taxlaw-2855	190	24	most	most	ADJ
taxlaw-2855	190	25	other	other	ADJ
taxlaw-2855	190	26	circumstances	circumstance	NOUN
taxlaw-2855	190	27	.	.	PUNCT
taxlaw-2855	191	1	and	and	CCONJ
taxlaw-2855	191	2	,	,	PUNCT
taxlaw-2855	191	3	moreover	moreover	ADV
taxlaw-2855	191	4	still	still	ADV
taxlaw-2855	191	5	,	,	PUNCT
taxlaw-2855	191	6	when	when	SCONJ
taxlaw-2855	191	7	it	it	PRON
taxlaw-2855	191	8	comes	come	VERB
taxlaw-2855	191	9	to	to	ADP
taxlaw-2855	191	10	higher	high	ADJ
taxlaw-2855	191	11	-	-	PUNCT
taxlaw-2855	191	12	order	order	NOUN
taxlaw-2855	191	13	principles	principle	NOUN
taxlaw-2855	191	14	,	,	PUNCT
taxlaw-2855	191	15	some	some	PRON
taxlaw-2855	191	16	are	be	AUX
taxlaw-2855	191	17	more	more	ADV
taxlaw-2855	191	18	equal	equal	ADJ
taxlaw-2855	191	19	than	than	ADP
taxlaw-2855	191	20	others	other	NOUN
taxlaw-2855	191	21	.	.	PUNCT
taxlaw-2855	192	1	suppose	suppose	VERB
taxlaw-2855	192	2	,	,	PUNCT
taxlaw-2855	192	3	for	for	ADP
taxlaw-2855	192	4	example	example	NOUN
taxlaw-2855	192	5	,	,	PUNCT
taxlaw-2855	192	6	that	that	SCONJ
taxlaw-2855	192	7	the	the	DET
taxlaw-2855	192	8	presumed	presume	VERB
taxlaw-2855	192	9	higher	high	ADJ
taxlaw-2855	192	10	-	-	PUNCT
taxlaw-2855	192	11	order	order	NOUN
taxlaw-2855	192	12	principle	principle	NOUN
taxlaw-2855	192	13	is	be	AUX
taxlaw-2855	192	14	appetite	appetite	ADJ
taxlaw-2855	192	15	for	for	ADP
taxlaw-2855	192	16	risk	risk	NOUN
taxlaw-2855	192	17	.	.	PUNCT
taxlaw-2855	193	1	from	from	ADP
taxlaw-2855	193	2	that	that	PRON
taxlaw-2855	193	3	derives	derive	VERB
taxlaw-2855	193	4	both	both	CCONJ
taxlaw-2855	193	5	aggressive	aggressive	ADJ
taxlaw-2855	193	6	structuring	structuring	NOUN
taxlaw-2855	193	7	to	to	PART
taxlaw-2855	193	8	create	create	VERB
taxlaw-2855	193	9	interest	interest	NOUN
taxlaw-2855	193	10	deductions	deduction	NOUN
taxlaw-2855	193	11	and	and	CCONJ
taxlaw-2855	193	12	the	the	DET
taxlaw-2855	193	13	incurrence	incurrence	NOUN
taxlaw-2855	193	14	of	of	ADP
taxlaw-2855	193	15	the	the	DET
taxlaw-2855	193	16	substantial	substantial	ADJ
taxlaw-2855	193	17	understatement	understatement	NOUN
taxlaw-2855	193	18	penalty	penalty	NOUN
taxlaw-2855	193	19	under	under	ADP
taxlaw-2855	193	20	section	section	NOUN
taxlaw-2855	193	21	6662	6662	NUM
taxlaw-2855	193	22	.	.	PUNCT
taxlaw-2855	194	1	would	would	AUX
taxlaw-2855	194	2	it	it	PRON
taxlaw-2855	194	3	then	then	ADV
taxlaw-2855	194	4	be	be	AUX
taxlaw-2855	194	5	appropriate	appropriate	ADJ
taxlaw-2855	194	6	to	to	PART
taxlaw-2855	194	7	selectively	selectively	ADV
taxlaw-2855	194	8	apply	apply	VERB
taxlaw-2855	194	9	the	the	DET
taxlaw-2855	194	10	related	relate	VERB
taxlaw-2855	194	11	-	-	PUNCT
taxlaw-2855	194	12	party	party	NOUN
taxlaw-2855	194	13	debt	debt	NOUN
taxlaw-2855	194	14	recharacterization	recharacterization	NOUN
taxlaw-2855	194	15	regulations	regulation	NOUN
taxlaw-2855	194	16	under	under	ADP
taxlaw-2855	194	17	section	section	NOUN
taxlaw-2855	194	18	385	385	NUM
taxlaw-2855	194	19	only	only	ADV
taxlaw-2855	194	20	to	to	ADP
taxlaw-2855	194	21	companies	company	NOUN
taxlaw-2855	194	22	that	that	PRON
taxlaw-2855	194	23	had	have	AUX
taxlaw-2855	194	24	incurred	incur	VERB
taxlaw-2855	194	25	the	the	DET
taxlaw-2855	194	26	substantial	substantial	ADJ
taxlaw-2855	194	27	understatement	understatement	NOUN
taxlaw-2855	194	28	penalty	penalty	NOUN
taxlaw-2855	194	29	within	within	ADP
taxlaw-2855	194	30	the	the	DET
taxlaw-2855	194	31	last	last	ADJ
taxlaw-2855	194	32	ten	ten	NUM
taxlaw-2855	194	33	years	year	NOUN
taxlaw-2855	194	34	?	?	PUNCT
taxlaw-2855	195	1	it	it	PRON
taxlaw-2855	195	2	seems	seem	VERB
taxlaw-2855	195	3	unfair	unfair	ADJ
taxlaw-2855	195	4	—	—	PUNCT
taxlaw-2855	195	5	a	a	DET
taxlaw-2855	195	6	continuing	continue	VERB
taxlaw-2855	195	7	cloud	cloud	NOUN
taxlaw-2855	195	8	of	of	ADP
taxlaw-2855	195	9	potential	potential	ADJ
taxlaw-2855	195	10	recidivism	recidivism	NOUN
taxlaw-2855	195	11	hanging	hang	VERB
taxlaw-2855	195	12	over	over	ADP
taxlaw-2855	195	13	a	a	DET
taxlaw-2855	195	14	taxpayer	taxpayer	NOUN
taxlaw-2855	195	15	that	that	PRON
taxlaw-2855	195	16	has	have	AUX
taxlaw-2855	195	17	paid	pay	VERB
taxlaw-2855	195	18	full	full	ADJ
taxlaw-2855	195	19	penance	penance	NOUN
taxlaw-2855	195	20	for	for	ADP
taxlaw-2855	195	21	its	its	PRON
taxlaw-2855	195	22	sins	sin	NOUN
taxlaw-2855	195	23	—	—	PUNCT
taxlaw-2855	195	24	and	and	CCONJ
taxlaw-2855	195	25	unwieldy	unwieldy	ADJ
taxlaw-2855	195	26	.	.	PUNCT
taxlaw-2855	196	1	but	but	CCONJ
taxlaw-2855	196	2	is	be	AUX
taxlaw-2855	196	3	it	it	PRON
taxlaw-2855	196	4	improper	improper	ADJ
taxlaw-2855	196	5	?	?	PUNCT
taxlaw-2855	197	1	on	on	ADP
taxlaw-2855	197	2	balance	balance	NOUN
taxlaw-2855	197	3	we	we	PRON
taxlaw-2855	197	4	would	would	AUX
taxlaw-2855	197	5	say	say	VERB
taxlaw-2855	197	6	it	it	PRON
taxlaw-2855	197	7	is	be	AUX
taxlaw-2855	197	8	improper	improper	ADJ
taxlaw-2855	197	9	,	,	PUNCT
taxlaw-2855	197	10	on	on	ADP
taxlaw-2855	197	11	the	the	DET
taxlaw-2855	197	12	theory	theory	NOUN
taxlaw-2855	197	13	that	that	SCONJ
taxlaw-2855	197	14	the	the	DET
taxlaw-2855	197	15	vague	vague	ADJ
taxlaw-2855	197	16	correlation	correlation	NOUN
taxlaw-2855	197	17	to	to	ADP
taxlaw-2855	197	18	a	a	DET
taxlaw-2855	197	19	higher	high	ADJ
taxlaw-2855	197	20	order	order	NOUN
taxlaw-2855	197	21	principle	principle	NOUN
taxlaw-2855	197	22	is	be	AUX
taxlaw-2855	197	23	insufficient	insufficient	ADJ
taxlaw-2855	197	24	to	to	PART
taxlaw-2855	197	25	overcome	overcome	VERB
taxlaw-2855	197	26	a	a	DET
taxlaw-2855	197	27	more	more	ADV
taxlaw-2855	197	28	direct	direct	ADJ
taxlaw-2855	197	29	objection	objection	NOUN
taxlaw-2855	197	30	that	that	SCONJ
taxlaw-2855	197	31	one	one	PRON
taxlaw-2855	197	32	has	have	AUX
taxlaw-2855	197	33	used	use	VERB
taxlaw-2855	197	34	section	section	NOUN
taxlaw-2855	197	35	385	385	NUM
taxlaw-2855	197	36	to	to	PART
taxlaw-2855	197	37	impose	impose	VERB
taxlaw-2855	197	38	an	an	DET
taxlaw-2855	197	39	additional	additional	ADJ
taxlaw-2855	197	40	consequence	consequence	NOUN
taxlaw-2855	197	41	to	to	ADP
taxlaw-2855	197	42	(	(	PUNCT
taxlaw-2855	197	43	i.e.	i.e.	X
taxlaw-2855	197	44	,	,	PUNCT
taxlaw-2855	197	45	re	re	ADJ
taxlaw-2855	197	46	-	-	VERB
taxlaw-2855	197	47	write	write	ADJ
taxlaw-2855	197	48	)	)	PUNCT
taxlaw-2855	197	49	section	section	NOUN
taxlaw-2855	197	50	6662	6662	NUM
taxlaw-2855	197	51	.	.	PUNCT
taxlaw-2855	198	1	e.	e.	PROPN
taxlaw-2855	198	2	a	a	DET
taxlaw-2855	198	3	selective	selective	ADJ
taxlaw-2855	198	4	application	application	NOUN
taxlaw-2855	198	5	of	of	ADP
taxlaw-2855	198	6	regulatory	regulatory	ADJ
taxlaw-2855	198	7	authority	authority	NOUN
taxlaw-2855	198	8	could	could	AUX
taxlaw-2855	198	9	fail	fail	VERB
taxlaw-2855	198	10	for	for	ADP
taxlaw-2855	198	11	lack	lack	NOUN
taxlaw-2855	198	12	of	of	ADP
taxlaw-2855	198	13	germaneness	germaneness	NOUN
taxlaw-2855	198	14	,	,	PUNCT
taxlaw-2855	198	15	even	even	ADV
taxlaw-2855	198	16	if	if	SCONJ
taxlaw-2855	198	17	other	other	ADJ
taxlaw-2855	198	18	laws	law	NOUN
taxlaw-2855	198	19	/	/	SYM
taxlaw-2855	198	20	code	code	NOUN
taxlaw-2855	198	21	sections	section	NOUN
taxlaw-2855	198	22	are	be	AUX
taxlaw-2855	198	23	not	not	PART
taxlaw-2855	198	24	affronted.31	affronted.31	NOUN
taxlaw-2855	198	25	to	to	PART
taxlaw-2855	198	26	illustrate	illustrate	VERB
taxlaw-2855	198	27	here	here	ADV
taxlaw-2855	198	28	,	,	PUNCT
taxlaw-2855	198	29	suppose	suppose	VERB
taxlaw-2855	198	30	that	that	SCONJ
taxlaw-2855	198	31	regulations	regulation	NOUN
taxlaw-2855	198	32	under	under	ADP
taxlaw-2855	198	33	section	section	NOUN
taxlaw-2855	198	34	385	385	NUM
taxlaw-2855	198	35	impose	impose	VERB
taxlaw-2855	198	36	equity	equity	NOUN
taxlaw-2855	198	37	treatment	treatment	NOUN
taxlaw-2855	198	38	on	on	ADP
taxlaw-2855	198	39	related	relate	VERB
taxlaw-2855	198	40	-	-	PUNCT
taxlaw-2855	198	41	party	party	NOUN
taxlaw-2855	198	42	debt	debt	NOUN
taxlaw-2855	198	43	where	where	SCONJ
taxlaw-2855	198	44	the	the	DET
taxlaw-2855	198	45	name	name	NOUN
taxlaw-2855	198	46	of	of	ADP
taxlaw-2855	198	47	the	the	DET
taxlaw-2855	198	48	u.s	u.s	PROPN
taxlaw-2855	198	49	.	.	PROPN
taxlaw-2855	198	50	company	company	NOUN
taxlaw-2855	198	51	begins	begin	VERB
taxlaw-2855	198	52	with	with	ADP
taxlaw-2855	198	53	the	the	DET
taxlaw-2855	198	54	letter	letter	NOUN
taxlaw-2855	198	55	“	"	PUNCT
taxlaw-2855	198	56	a	a	PRON
taxlaw-2855	198	57	”	"	PUNCT
taxlaw-2855	198	58	.	.	PUNCT
taxlaw-2855	199	1	this	this	PRON
taxlaw-2855	199	2	is	be	AUX
taxlaw-2855	199	3	not	not	PART
taxlaw-2855	199	4	gender	gender	NOUN
taxlaw-2855	199	5	discrimination	discrimination	NOUN
taxlaw-2855	199	6	;	;	PUNCT
taxlaw-2855	199	7	nor	nor	CCONJ
taxlaw-2855	199	8	does	do	AUX
taxlaw-2855	199	9	it	it	PRON
taxlaw-2855	199	10	impinge	impinge	VERB
taxlaw-2855	199	11	on	on	ADP
taxlaw-2855	199	12	any	any	DET
taxlaw-2855	199	13	other	other	ADJ
taxlaw-2855	199	14	aspect	aspect	NOUN
taxlaw-2855	199	15	of	of	ADP
taxlaw-2855	199	16	the	the	DET
taxlaw-2855	199	17	code	code	NOUN
taxlaw-2855	199	18	.	.	PUNCT
taxlaw-2855	200	1	it	it	PRON
taxlaw-2855	200	2	is	be	AUX
taxlaw-2855	200	3	a	a	DET
taxlaw-2855	200	4	nonsensical	nonsensical	ADJ
taxlaw-2855	200	5	rule	rule	NOUN
taxlaw-2855	200	6	.	.	PUNCT
taxlaw-2855	201	1	but	but	CCONJ
taxlaw-2855	201	2	is	be	AUX
taxlaw-2855	201	3	it	it	PRON
taxlaw-2855	201	4	improper	improper	ADJ
taxlaw-2855	201	5	?	?	PUNCT
taxlaw-2855	202	1	in	in	ADP
taxlaw-2855	202	2	other	other	ADJ
taxlaw-2855	202	3	words	word	NOUN
taxlaw-2855	202	4	,	,	PUNCT
taxlaw-2855	202	5	is	be	AUX
taxlaw-2855	202	6	there	there	PRON
taxlaw-2855	202	7	a	a	DET
taxlaw-2855	202	8	germaneness	germaneness	NOUN
taxlaw-2855	202	9	requirement	requirement	NOUN
taxlaw-2855	202	10	to	to	ADP
taxlaw-2855	202	11	regulatory	regulatory	ADJ
taxlaw-2855	202	12	selectivity	selectivity	NOUN
taxlaw-2855	202	13	?	?	PUNCT
taxlaw-2855	203	1	well	well	INTJ
taxlaw-2855	203	2	,	,	PUNCT
taxlaw-2855	203	3	yes	yes	INTJ
taxlaw-2855	203	4	,	,	PUNCT
taxlaw-2855	203	5	there	there	PRON
taxlaw-2855	203	6	is	be	VERB
taxlaw-2855	203	7	.	.	PUNCT
taxlaw-2855	204	1	this	this	PRON
taxlaw-2855	204	2	is	be	AUX
taxlaw-2855	204	3	an	an	DET
taxlaw-2855	204	4	important	important	ADJ
taxlaw-2855	204	5	observation	observation	NOUN
taxlaw-2855	204	6	which	which	PRON
taxlaw-2855	204	7	is	be	AUX
taxlaw-2855	204	8	very	very	ADV
taxlaw-2855	204	9	different	different	ADJ
taxlaw-2855	204	10	from	from	ADP
taxlaw-2855	204	11	the	the	DET
taxlaw-2855	204	12	foregoing	forego	VERB
taxlaw-2855	204	13	ones	one	NOUN
taxlaw-2855	204	14	.	.	PUNCT
taxlaw-2855	205	1	the	the	DET
taxlaw-2855	205	2	foregoing	forego	VERB
taxlaw-2855	205	3	principles	principle	NOUN
taxlaw-2855	205	4	tried	try	VERB
taxlaw-2855	205	5	to	to	PART
taxlaw-2855	205	6	discern	discern	VERB
taxlaw-2855	205	7	whether	whether	SCONJ
taxlaw-2855	205	8	the	the	DET
taxlaw-2855	205	9	executive	executive	NOUN
taxlaw-2855	205	10	was	be	AUX
taxlaw-2855	205	11	pretending	pretend	VERB
taxlaw-2855	205	12	to	to	PART
taxlaw-2855	205	13	apply	apply	VERB
taxlaw-2855	205	14	section	section	NOUN
taxlaw-2855	205	15	385	385	NUM
taxlaw-2855	205	16	but	but	CCONJ
taxlaw-2855	205	17	actually	actually	ADV
taxlaw-2855	205	18	doing	do	VERB
taxlaw-2855	205	19	something	something	PRON
taxlaw-2855	205	20	else	else	ADV
taxlaw-2855	205	21	;	;	PUNCT
taxlaw-2855	205	22	there	there	PRON
taxlaw-2855	205	23	was	be	VERB
taxlaw-2855	205	24	a	a	DET
taxlaw-2855	205	25	sense	sense	NOUN
taxlaw-2855	205	26	of	of	ADP
taxlaw-2855	205	27	trickery	trickery	NOUN
taxlaw-2855	205	28	in	in	ADP
taxlaw-2855	205	29	the	the	DET
taxlaw-2855	205	30	air	air	NOUN
taxlaw-2855	205	31	.	.	PUNCT
taxlaw-2855	206	1	here	here	ADV
taxlaw-2855	206	2	the	the	DET
taxlaw-2855	206	3	executive	executive	NOUN
taxlaw-2855	206	4	is	be	AUX
taxlaw-2855	206	5	doing	do	VERB
taxlaw-2855	206	6	nothing	nothing	PRON
taxlaw-2855	206	7	nefarious	nefarious	ADJ
taxlaw-2855	206	8	,	,	PUNCT
taxlaw-2855	206	9	rather	rather	ADV
taxlaw-2855	206	10	simply	simply	ADV
taxlaw-2855	206	11	something	something	PRON
taxlaw-2855	206	12	irrelevant	irrelevant	ADJ
taxlaw-2855	206	13	.	.	PUNCT
taxlaw-2855	207	1	31	31	NUM
taxlaw-2855	207	2	see	see	VERB
taxlaw-2855	207	3	motor	motor	NOUN
taxlaw-2855	207	4	vehicle	vehicle	NOUN
taxlaw-2855	207	5	mfrs	mfrs	NOUN
taxlaw-2855	207	6	.	.	PUNCT
taxlaw-2855	208	1	ass’n	ass’n	NOUN
taxlaw-2855	208	2	of	of	ADP
taxlaw-2855	208	3	u.s	u.s	PROPN
taxlaw-2855	208	4	.	.	PROPN
taxlaw-2855	208	5	v.	v.	ADP
taxlaw-2855	208	6	state	state	PROPN
taxlaw-2855	208	7	farm	farm	PROPN
taxlaw-2855	208	8	mut	mut	PROPN
taxlaw-2855	208	9	.	.	PUNCT
taxlaw-2855	209	1	ins	ins	PROPN
taxlaw-2855	209	2	.	.	PUNCT
taxlaw-2855	209	3	co.	co.	PROPN
taxlaw-2855	209	4	,	,	PUNCT
taxlaw-2855	209	5	463	463	NUM
taxlaw-2855	209	6	u.s	u.s	PROPN
taxlaw-2855	209	7	.	.	PROPN
taxlaw-2855	209	8	29	29	NUM
taxlaw-2855	209	9	,	,	PUNCT
taxlaw-2855	209	10	42–44	42–44	NUM
taxlaw-2855	209	11	(	(	PUNCT
taxlaw-2855	209	12	1983	1983	NUM
taxlaw-2855	209	13	)	)	PUNCT
taxlaw-2855	209	14	(	(	PUNCT
taxlaw-2855	209	15	“	"	PUNCT
taxlaw-2855	209	16	normally	normally	ADV
taxlaw-2855	209	17	,	,	PUNCT
taxlaw-2855	209	18	an	an	DET
taxlaw-2855	209	19	agency	agency	NOUN
taxlaw-2855	209	20	rule	rule	NOUN
taxlaw-2855	209	21	would	would	AUX
taxlaw-2855	209	22	be	be	AUX
taxlaw-2855	209	23	arbitrary	arbitrary	ADJ
taxlaw-2855	209	24	and	and	CCONJ
taxlaw-2855	209	25	capricious	capricious	ADJ
taxlaw-2855	209	26	if	if	SCONJ
taxlaw-2855	209	27	the	the	DET
taxlaw-2855	209	28	agency	agency	NOUN
taxlaw-2855	209	29	has	have	AUX
taxlaw-2855	209	30	relied	rely	VERB
taxlaw-2855	209	31	on	on	ADP
taxlaw-2855	209	32	factors	factor	NOUN
taxlaw-2855	209	33	which	which	PRON
taxlaw-2855	209	34	congress	congress	PROPN
taxlaw-2855	209	35	has	have	AUX
taxlaw-2855	209	36	not	not	PART
taxlaw-2855	209	37	intended	intend	VERB
taxlaw-2855	209	38	it	it	PRON
taxlaw-2855	209	39	to	to	PART
taxlaw-2855	209	40	consider	consider	VERB
taxlaw-2855	209	41	…	…	PUNCT
taxlaw-2855	209	42	or	or	CCONJ
taxlaw-2855	209	43	is	be	AUX
taxlaw-2855	209	44	so	so	ADV
taxlaw-2855	209	45	implausible	implausible	ADJ
taxlaw-2855	209	46	that	that	SCONJ
taxlaw-2855	209	47	it	it	PRON
taxlaw-2855	209	48	could	could	AUX
taxlaw-2855	209	49	not	not	PART
taxlaw-2855	209	50	be	be	AUX
taxlaw-2855	209	51	ascribed	ascribe	VERB
taxlaw-2855	209	52	to	to	ADP
taxlaw-2855	209	53	a	a	DET
taxlaw-2855	209	54	difference	difference	NOUN
taxlaw-2855	209	55	in	in	ADP
taxlaw-2855	209	56	view	view	NOUN
taxlaw-2855	209	57	or	or	CCONJ
taxlaw-2855	209	58	the	the	DET
taxlaw-2855	209	59	product	product	NOUN
taxlaw-2855	209	60	of	of	ADP
taxlaw-2855	209	61	agency	agency	NOUN
taxlaw-2855	209	62	expertise	expertise	NOUN
taxlaw-2855	209	63	.	.	PUNCT
taxlaw-2855	209	64	”	"	PUNCT
taxlaw-2855	209	65	)	)	PUNCT
taxlaw-2855	209	66	.	.	PUNCT
taxlaw-2855	210	1	336	336	NUM
taxlaw-2855	210	2	columbia	columbia	PROPN
taxlaw-2855	210	3	journal	journal	PROPN
taxlaw-2855	210	4	of	of	ADP
taxlaw-2855	210	5	tax	tax	NOUN
taxlaw-2855	210	6	law	law	NOUN
taxlaw-2855	210	7	[	[	X
taxlaw-2855	210	8	vol.8:326	vol.8:326	PROPN
taxlaw-2855	210	9	this	this	PRON
taxlaw-2855	210	10	is	be	AUX
taxlaw-2855	210	11	very	very	ADV
taxlaw-2855	210	12	much	much	ADV
taxlaw-2855	210	13	at	at	ADP
taxlaw-2855	210	14	the	the	DET
taxlaw-2855	210	15	heart	heart	NOUN
taxlaw-2855	210	16	of	of	ADP
taxlaw-2855	210	17	the	the	DET
taxlaw-2855	210	18	matter	matter	NOUN
taxlaw-2855	210	19	when	when	SCONJ
taxlaw-2855	210	20	we	we	PRON
taxlaw-2855	210	21	get	get	VERB
taxlaw-2855	210	22	to	to	ADP
taxlaw-2855	210	23	analyzing	analyze	VERB
taxlaw-2855	210	24	the	the	DET
taxlaw-2855	210	25	actual	actual	ADJ
taxlaw-2855	210	26	provisions	provision	NOUN
taxlaw-2855	210	27	of	of	ADP
taxlaw-2855	210	28	the	the	DET
taxlaw-2855	210	29	final	final	ADJ
taxlaw-2855	210	30	and	and	CCONJ
taxlaw-2855	210	31	temporary	temporary	ADJ
taxlaw-2855	210	32	385	385	NUM
taxlaw-2855	210	33	regulations	regulation	NOUN
taxlaw-2855	210	34	.	.	PUNCT
taxlaw-2855	211	1	is	be	AUX
taxlaw-2855	211	2	the	the	DET
taxlaw-2855	211	3	selectivity	selectivity	NOUN
taxlaw-2855	211	4	of	of	ADP
taxlaw-2855	211	5	applying	apply	VERB
taxlaw-2855	211	6	the	the	DET
taxlaw-2855	211	7	debt	debt	NOUN
taxlaw-2855	211	8	-	-	PUNCT
taxlaw-2855	211	9	equity	equity	NOUN
taxlaw-2855	211	10	rules	rule	NOUN
taxlaw-2855	211	11	only	only	ADV
taxlaw-2855	211	12	to	to	ADP
taxlaw-2855	211	13	debt	debt	NOUN
taxlaw-2855	211	14	that	that	PRON
taxlaw-2855	211	15	is	be	AUX
taxlaw-2855	211	16	created	create	VERB
taxlaw-2855	211	17	in	in	ADP
taxlaw-2855	211	18	a	a	DET
taxlaw-2855	211	19	certain	certain	ADJ
taxlaw-2855	211	20	manner	manner	NOUN
taxlaw-2855	211	21	a	a	DET
taxlaw-2855	211	22	relevant	relevant	ADJ
taxlaw-2855	211	23	distinction	distinction	NOUN
taxlaw-2855	211	24	,	,	PUNCT
taxlaw-2855	211	25	or	or	CCONJ
taxlaw-2855	211	26	an	an	DET
taxlaw-2855	211	27	irrelevant	irrelevant	ADJ
taxlaw-2855	211	28	one	one	NUM
taxlaw-2855	211	29	?	?	PUNCT
taxlaw-2855	212	1	is	be	AUX
taxlaw-2855	212	2	it	it	PRON
taxlaw-2855	212	3	more	more	ADV
taxlaw-2855	212	4	like	like	ADP
taxlaw-2855	212	5	prioritizing	prioritize	VERB
taxlaw-2855	212	6	relatedness	relatedness	NOUN
taxlaw-2855	212	7	as	as	ADP
taxlaw-2855	212	8	a	a	DET
taxlaw-2855	212	9	super	super	ADJ
taxlaw-2855	212	10	factor	factor	NOUN
taxlaw-2855	212	11	(	(	PUNCT
taxlaw-2855	212	12	legitimate	legitimate	ADJ
taxlaw-2855	212	13	)	)	PUNCT
taxlaw-2855	212	14	or	or	CCONJ
taxlaw-2855	212	15	is	be	AUX
taxlaw-2855	212	16	it	it	PRON
taxlaw-2855	212	17	more	more	ADV
taxlaw-2855	212	18	like	like	ADP
taxlaw-2855	212	19	demonizing	demonize	VERB
taxlaw-2855	212	20	the	the	DET
taxlaw-2855	212	21	letter	letter	NOUN
taxlaw-2855	212	22	“	"	PUNCT
taxlaw-2855	212	23	a	a	PRON
taxlaw-2855	212	24	”	"	PUNCT
taxlaw-2855	212	25	(	(	PUNCT
taxlaw-2855	212	26	illegitimate	illegitimate	NOUN
taxlaw-2855	212	27	)	)	PUNCT
taxlaw-2855	212	28	.	.	PUNCT
taxlaw-2855	213	1	while	while	SCONJ
taxlaw-2855	213	2	the	the	DET
taxlaw-2855	213	3	executive	executive	NOUN
taxlaw-2855	213	4	is	be	AUX
taxlaw-2855	213	5	entitled	entitle	VERB
taxlaw-2855	213	6	to	to	PART
taxlaw-2855	213	7	deference	deference	VERB
taxlaw-2855	213	8	in	in	ADP
taxlaw-2855	213	9	this	this	DET
taxlaw-2855	213	10	context	context	NOUN
taxlaw-2855	213	11	,	,	PUNCT
taxlaw-2855	213	12	there	there	PRON
taxlaw-2855	213	13	must	must	AUX
taxlaw-2855	213	14	be	be	AUX
taxlaw-2855	213	15	limits	limit	NOUN
taxlaw-2855	213	16	.	.	PUNCT
taxlaw-2855	214	1	it	it	PRON
taxlaw-2855	214	2	will	will	AUX
taxlaw-2855	214	3	be	be	AUX
taxlaw-2855	214	4	easiest	easy	ADJ
taxlaw-2855	214	5	to	to	PART
taxlaw-2855	214	6	explore	explore	VERB
taxlaw-2855	214	7	this	this	DET
taxlaw-2855	214	8	proposition	proposition	NOUN
taxlaw-2855	214	9	further	far	ADV
taxlaw-2855	214	10	when	when	SCONJ
taxlaw-2855	214	11	examining	examine	VERB
taxlaw-2855	214	12	the	the	DET
taxlaw-2855	214	13	actual	actual	ADJ
taxlaw-2855	214	14	regulations	regulation	NOUN
taxlaw-2855	214	15	.	.	PUNCT
taxlaw-2855	215	1	iii	iii	X
taxlaw-2855	215	2	.	.	PUNCT
taxlaw-2855	215	3	specific	specific	ADJ
taxlaw-2855	215	4	provisions	provision	NOUN
taxlaw-2855	215	5	of	of	ADP
taxlaw-2855	215	6	the	the	DET
taxlaw-2855	215	7	regulatory	regulatory	ADJ
taxlaw-2855	215	8	package	package	NOUN
taxlaw-2855	215	9	we	we	PRON
taxlaw-2855	215	10	turn	turn	VERB
taxlaw-2855	215	11	now	now	ADV
taxlaw-2855	215	12	to	to	ADP
taxlaw-2855	215	13	four	four	NUM
taxlaw-2855	215	14	specific	specific	ADJ
taxlaw-2855	215	15	provisions	provision	NOUN
taxlaw-2855	215	16	of	of	ADP
taxlaw-2855	215	17	the	the	DET
taxlaw-2855	215	18	regulatory	regulatory	ADJ
taxlaw-2855	215	19	package	package	NOUN
taxlaw-2855	215	20	.	.	PUNCT
taxlaw-2855	216	1	for	for	ADP
taxlaw-2855	216	2	each	each	DET
taxlaw-2855	216	3	provision	provision	NOUN
taxlaw-2855	216	4	,	,	PUNCT
taxlaw-2855	216	5	we	we	PRON
taxlaw-2855	216	6	first	first	ADV
taxlaw-2855	216	7	briefly	briefly	ADV
taxlaw-2855	216	8	describe	describe	VERB
taxlaw-2855	216	9	the	the	DET
taxlaw-2855	216	10	mechanics	mechanic	NOUN
taxlaw-2855	216	11	of	of	ADP
taxlaw-2855	216	12	the	the	DET
taxlaw-2855	216	13	regulation	regulation	NOUN
taxlaw-2855	216	14	and	and	CCONJ
taxlaw-2855	216	15	the	the	DET
taxlaw-2855	216	16	authority	authority	NOUN
taxlaw-2855	216	17	pursuant	pursuant	VERB
taxlaw-2855	216	18	to	to	ADP
taxlaw-2855	216	19	which	which	PRON
taxlaw-2855	216	20	the	the	DET
taxlaw-2855	216	21	irs	irs	PROPN
taxlaw-2855	216	22	claims	claim	VERB
taxlaw-2855	216	23	it	it	PRON
taxlaw-2855	216	24	relied	rely	VERB
taxlaw-2855	216	25	.	.	PUNCT
taxlaw-2855	217	1	we	we	PRON
taxlaw-2855	217	2	then	then	ADV
taxlaw-2855	217	3	look	look	VERB
taxlaw-2855	217	4	more	more	ADV
taxlaw-2855	217	5	closely	closely	ADV
taxlaw-2855	217	6	at	at	ADP
taxlaw-2855	217	7	the	the	DET
taxlaw-2855	217	8	irs	irs	PROPN
taxlaw-2855	217	9	’s	’s	PART
taxlaw-2855	217	10	claimed	claim	VERB
taxlaw-2855	217	11	authority	authority	NOUN
taxlaw-2855	217	12	,	,	PUNCT
taxlaw-2855	217	13	and	and	CCONJ
taxlaw-2855	217	14	finally	finally	ADV
taxlaw-2855	217	15	ask	ask	VERB
taxlaw-2855	217	16	the	the	DET
taxlaw-2855	217	17	question	question	NOUN
taxlaw-2855	217	18	of	of	ADP
taxlaw-2855	217	19	whether	whether	SCONJ
taxlaw-2855	217	20	the	the	DET
taxlaw-2855	217	21	regulation	regulation	NOUN
taxlaw-2855	217	22	is	be	AUX
taxlaw-2855	217	23	within	within	ADP
taxlaw-2855	217	24	or	or	CCONJ
taxlaw-2855	217	25	outside	outside	ADP
taxlaw-2855	217	26	the	the	DET
taxlaw-2855	217	27	limits	limit	NOUN
taxlaw-2855	217	28	of	of	ADP
taxlaw-2855	217	29	regulatory	regulatory	ADJ
taxlaw-2855	217	30	authority	authority	NOUN
taxlaw-2855	217	31	.	.	PUNCT
taxlaw-2855	218	1	a.	a.	NOUN
taxlaw-2855	218	2	provision	provision	NOUN
taxlaw-2855	218	3	#	#	SYM
taxlaw-2855	218	4	1	1	NUM
taxlaw-2855	218	5	:	:	PUNCT
taxlaw-2855	218	6	treasury	treasury	NOUN
taxlaw-2855	218	7	regulation	regulation	NOUN
taxlaw-2855	218	8	1.956	1.956	NUM
taxlaw-2855	218	9	-	-	SYM
taxlaw-2855	218	10	2	2	NUM
taxlaw-2855	218	11	t	t	NOUN
taxlaw-2855	218	12	(	(	PUNCT
taxlaw-2855	218	13	the	the	DET
taxlaw-2855	218	14	“	"	PUNCT
taxlaw-2855	218	15	deemed	deem	VERB
taxlaw-2855	218	16	u.s	u.s	PROPN
taxlaw-2855	218	17	.	.	PROPN
taxlaw-2855	218	18	property	property	NOUN
taxlaw-2855	218	19	rule	rule	NOUN
taxlaw-2855	218	20	”	"	PUNCT
taxlaw-2855	218	21	)	)	PUNCT
taxlaw-2855	218	22	one	one	NUM
taxlaw-2855	218	23	of	of	ADP
taxlaw-2855	218	24	the	the	DET
taxlaw-2855	218	25	potential	potential	ADJ
taxlaw-2855	218	26	benefits	benefit	NOUN
taxlaw-2855	218	27	of	of	ADP
taxlaw-2855	218	28	an	an	DET
taxlaw-2855	218	29	inversion	inversion	NOUN
taxlaw-2855	218	30	transaction	transaction	NOUN
taxlaw-2855	218	31	is	be	AUX
taxlaw-2855	218	32	the	the	DET
taxlaw-2855	218	33	ability	ability	NOUN
taxlaw-2855	218	34	to	to	PART
taxlaw-2855	218	35	access	access	VERB
taxlaw-2855	218	36	“	"	PUNCT
taxlaw-2855	218	37	trapped	trap	VERB
taxlaw-2855	218	38	cash	cash	NOUN
taxlaw-2855	218	39	”	"	PUNCT
taxlaw-2855	218	40	(	(	PUNCT
taxlaw-2855	218	41	i.e.	i.e.	X
taxlaw-2855	218	42	,	,	PUNCT
taxlaw-2855	218	43	cash	cash	NOUN
taxlaw-2855	218	44	in	in	ADP
taxlaw-2855	218	45	a	a	DET
taxlaw-2855	218	46	cfc	cfc	NOUN
taxlaw-2855	218	47	that	that	PRON
taxlaw-2855	218	48	could	could	AUX
taxlaw-2855	218	49	not	not	PART
taxlaw-2855	218	50	be	be	AUX
taxlaw-2855	218	51	repatriated	repatriate	VERB
taxlaw-2855	218	52	to	to	ADP
taxlaw-2855	218	53	the	the	DET
taxlaw-2855	218	54	united	united	PROPN
taxlaw-2855	218	55	states	states	PROPN
taxlaw-2855	218	56	without	without	ADP
taxlaw-2855	218	57	triggering	trigger	VERB
taxlaw-2855	218	58	taxable	taxable	ADJ
taxlaw-2855	218	59	income	income	NOUN
taxlaw-2855	218	60	,	,	PUNCT
taxlaw-2855	218	61	either	either	CCONJ
taxlaw-2855	218	62	as	as	ADP
taxlaw-2855	218	63	a	a	DET
taxlaw-2855	218	64	direct	direct	ADJ
taxlaw-2855	218	65	dividend	dividend	NOUN
taxlaw-2855	218	66	or	or	CCONJ
taxlaw-2855	218	67	under	under	ADP
taxlaw-2855	218	68	section	section	NOUN
taxlaw-2855	218	69	956	956	NUM
taxlaw-2855	218	70	)	)	PUNCT
taxlaw-2855	218	71	.	.	PUNCT
taxlaw-2855	219	1	following	follow	VERB
taxlaw-2855	219	2	an	an	DET
taxlaw-2855	219	3	inversion	inversion	NOUN
taxlaw-2855	219	4	,	,	PUNCT
taxlaw-2855	219	5	a	a	DET
taxlaw-2855	219	6	cfc	cfc	NOUN
taxlaw-2855	219	7	can	can	AUX
taxlaw-2855	219	8	lend	lend	VERB
taxlaw-2855	219	9	to	to	ADP
taxlaw-2855	219	10	its	its	PRON
taxlaw-2855	219	11	foreign	foreign	ADJ
taxlaw-2855	219	12	parent	parent	NOUN
taxlaw-2855	219	13	without	without	ADP
taxlaw-2855	219	14	triggering	trigger	VERB
taxlaw-2855	219	15	a	a	DET
taxlaw-2855	219	16	section	section	NOUN
taxlaw-2855	219	17	956	956	NUM
taxlaw-2855	219	18	inclusion	inclusion	NOUN
taxlaw-2855	219	19	because	because	SCONJ
taxlaw-2855	219	20	the	the	DET
taxlaw-2855	219	21	loan	loan	NOUN
taxlaw-2855	219	22	would	would	AUX
taxlaw-2855	219	23	not	not	PART
taxlaw-2855	219	24	be	be	AUX
taxlaw-2855	219	25	an	an	DET
taxlaw-2855	219	26	“	"	PUNCT
taxlaw-2855	219	27	investment	investment	NOUN
taxlaw-2855	219	28	in	in	ADP
taxlaw-2855	219	29	u.s	u.s	PROPN
taxlaw-2855	219	30	.	.	PROPN
taxlaw-2855	219	31	property	property	NOUN
taxlaw-2855	219	32	”	"	PUNCT
taxlaw-2855	219	33	within	within	ADP
taxlaw-2855	219	34	the	the	DET
taxlaw-2855	219	35	meaning	meaning	NOUN
taxlaw-2855	219	36	of	of	ADP
taxlaw-2855	219	37	section	section	NOUN
taxlaw-2855	219	38	956	956	NUM
taxlaw-2855	219	39	.	.	PUNCT
taxlaw-2855	220	1	to	to	PART
taxlaw-2855	220	2	address	address	VERB
taxlaw-2855	220	3	this	this	DET
taxlaw-2855	220	4	perceived	perceive	VERB
taxlaw-2855	220	5	“	"	PUNCT
taxlaw-2855	220	6	abuse	abuse	NOUN
taxlaw-2855	220	7	,	,	PUNCT
taxlaw-2855	220	8	”	"	PUNCT
taxlaw-2855	220	9	treasury	treasury	PROPN
taxlaw-2855	220	10	regulations	regulation	NOUN
taxlaw-2855	220	11	section	section	VERB
taxlaw-2855	220	12	1.956	1.956	NUM
taxlaw-2855	220	13	-	-	PUNCT
taxlaw-2855	220	14	2t(a)(4	2t(a)(4	NUM
taxlaw-2855	220	15	)	)	PUNCT
taxlaw-2855	220	16	provides	provide	VERB
taxlaw-2855	220	17	that	that	SCONJ
taxlaw-2855	220	18	,	,	PUNCT
taxlaw-2855	220	19	in	in	ADP
taxlaw-2855	220	20	certain	certain	ADJ
taxlaw-2855	220	21	circumstances	circumstance	NOUN
taxlaw-2855	220	22	,	,	PUNCT
taxlaw-2855	220	23	stock	stock	NOUN
taxlaw-2855	220	24	or	or	CCONJ
taxlaw-2855	220	25	an	an	DET
taxlaw-2855	220	26	obligation	obligation	NOUN
taxlaw-2855	220	27	of	of	ADP
taxlaw-2855	220	28	a	a	DET
taxlaw-2855	220	29	non	non	ADJ
taxlaw-2855	220	30	-	-	ADJ
taxlaw-2855	220	31	u.s	u.s	PROPN
taxlaw-2855	220	32	.	.	PROPN
taxlaw-2855	220	33	person	person	NOUN
taxlaw-2855	220	34	will	will	AUX
taxlaw-2855	220	35	be	be	AUX
taxlaw-2855	220	36	treated	treat	VERB
taxlaw-2855	220	37	as	as	ADP
taxlaw-2855	220	38	u.s	u.s	PROPN
taxlaw-2855	220	39	.	.	PROPN
taxlaw-2855	220	40	property	property	NOUN
taxlaw-2855	220	41	(	(	PUNCT
taxlaw-2855	220	42	we	we	PRON
taxlaw-2855	220	43	refer	refer	VERB
taxlaw-2855	220	44	to	to	ADP
taxlaw-2855	220	45	this	this	PRON
taxlaw-2855	220	46	as	as	ADP
taxlaw-2855	220	47	the	the	DET
taxlaw-2855	220	48	“	"	PUNCT
taxlaw-2855	220	49	deemed	deem	VERB
taxlaw-2855	220	50	u.s	u.s	PROPN
taxlaw-2855	220	51	.	.	PROPN
taxlaw-2855	220	52	property	property	NOUN
taxlaw-2855	220	53	rule	rule	NOUN
taxlaw-2855	220	54	”	"	PUNCT
taxlaw-2855	220	55	)	)	PUNCT
taxlaw-2855	220	56	.	.	PUNCT
taxlaw-2855	221	1	more	more	ADV
taxlaw-2855	221	2	specifically	specifically	ADV
taxlaw-2855	221	3	,	,	PUNCT
taxlaw-2855	221	4	if	if	SCONJ
taxlaw-2855	221	5	an	an	DET
taxlaw-2855	221	6	“	"	PUNCT
taxlaw-2855	221	7	expatriated	expatriated	ADJ
taxlaw-2855	221	8	foreign	foreign	ADJ
taxlaw-2855	221	9	subsidiary”32	subsidiary”32	PROPN
taxlaw-2855	221	10	holds	hold	VERB
taxlaw-2855	221	11	an	an	DET
taxlaw-2855	221	12	obligation	obligation	NOUN
taxlaw-2855	221	13	or	or	CCONJ
taxlaw-2855	221	14	stock	stock	NOUN
taxlaw-2855	221	15	of	of	ADP
taxlaw-2855	221	16	a	a	DET
taxlaw-2855	221	17	non	non	ADJ
taxlaw-2855	221	18	-	-	ADJ
taxlaw-2855	221	19	cfc	cfc	ADJ
taxlaw-2855	221	20	related	relate	VERB
taxlaw-2855	221	21	person	person	NOUN
taxlaw-2855	221	22	that	that	PRON
taxlaw-2855	221	23	was	be	AUX
taxlaw-2855	221	24	acquired	acquire	VERB
taxlaw-2855	221	25	in	in	ADP
taxlaw-2855	221	26	relation	relation	NOUN
taxlaw-2855	221	27	to	to	ADP
taxlaw-2855	221	28	the	the	DET
taxlaw-2855	221	29	inversion	inversion	NOUN
taxlaw-2855	221	30	transaction	transaction	NOUN
taxlaw-2855	221	31	or	or	CCONJ
taxlaw-2855	221	32	within	within	ADP
taxlaw-2855	221	33	the	the	DET
taxlaw-2855	221	34	ten	ten	NUM
taxlaw-2855	221	35	years	year	NOUN
taxlaw-2855	221	36	following	follow	VERB
taxlaw-2855	221	37	the	the	DET
taxlaw-2855	221	38	inversion	inversion	NOUN
taxlaw-2855	221	39	transaction	transaction	NOUN
taxlaw-2855	221	40	,	,	PUNCT
taxlaw-2855	221	41	such	such	ADJ
taxlaw-2855	221	42	obligation	obligation	NOUN
taxlaw-2855	221	43	or	or	CCONJ
taxlaw-2855	221	44	stock	stock	NOUN
taxlaw-2855	221	45	will	will	AUX
taxlaw-2855	221	46	be	be	AUX
taxlaw-2855	221	47	deemed	deem	VERB
taxlaw-2855	221	48	to	to	PART
taxlaw-2855	221	49	be	be	AUX
taxlaw-2855	221	50	u.s	u.s	PROPN
taxlaw-2855	221	51	.	.	PROPN
taxlaw-2855	221	52	property	property	NOUN
taxlaw-2855	221	53	for	for	ADP
taxlaw-2855	221	54	purposes	purpose	NOUN
taxlaw-2855	221	55	of	of	ADP
taxlaw-2855	221	56	section	section	NOUN
taxlaw-2855	221	57	956	956	NUM
taxlaw-2855	221	58	.	.	NOUN
taxlaw-2855	222	1	1	1	NUM
taxlaw-2855	222	2	.	.	X
taxlaw-2855	222	3	irs	irs	PROPN
taxlaw-2855	222	4	claimed	claim	VERB
taxlaw-2855	222	5	authority	authority	NOUN
taxlaw-2855	222	6	according	accord	VERB
taxlaw-2855	222	7	to	to	ADP
taxlaw-2855	222	8	the	the	DET
taxlaw-2855	222	9	preamble	preamble	NOUN
taxlaw-2855	222	10	to	to	ADP
taxlaw-2855	222	11	the	the	DET
taxlaw-2855	222	12	regulatory	regulatory	ADJ
taxlaw-2855	222	13	package	package	NOUN
taxlaw-2855	222	14	,	,	PUNCT
taxlaw-2855	222	15	a	a	DET
taxlaw-2855	222	16	transaction	transaction	NOUN
taxlaw-2855	222	17	in	in	ADP
taxlaw-2855	222	18	which	which	PRON
taxlaw-2855	222	19	a	a	DET
taxlaw-2855	222	20	cfc	cfc	NOUN
taxlaw-2855	222	21	that	that	PRON
taxlaw-2855	222	22	is	be	AUX
taxlaw-2855	222	23	an	an	DET
taxlaw-2855	222	24	expatriated	expatriated	ADJ
taxlaw-2855	222	25	foreign	foreign	ADJ
taxlaw-2855	222	26	subsidiary	subsidiary	NOUN
taxlaw-2855	222	27	lends	lend	VERB
taxlaw-2855	222	28	directly	directly	ADV
taxlaw-2855	222	29	to	to	ADP
taxlaw-2855	222	30	foreign	foreign	ADJ
taxlaw-2855	222	31	parent	parent	NOUN
taxlaw-2855	222	32	,	,	PUNCT
taxlaw-2855	222	33	bypassing	bypass	VERB
taxlaw-2855	222	34	its	its	PRON
taxlaw-2855	222	35	u.s	u.s	PROPN
taxlaw-2855	222	36	.	.	PROPN
taxlaw-2855	222	37	shareholder(s	shareholder(s	PROPN
taxlaw-2855	222	38	)	)	PUNCT
taxlaw-2855	222	39	,	,	PUNCT
taxlaw-2855	222	40	is	be	AUX
taxlaw-2855	222	41	a	a	DET
taxlaw-2855	222	42	transaction	transaction	NOUN
taxlaw-2855	222	43	that	that	PRON
taxlaw-2855	222	44	circumvents	circumvent	VERB
taxlaw-2855	222	45	the	the	DET
taxlaw-2855	222	46	purpose	purpose	NOUN
taxlaw-2855	222	47	of	of	ADP
taxlaw-2855	222	48	section	section	NOUN
taxlaw-2855	222	49	956.33	956.33	NUM
taxlaw-2855	222	50	the	the	DET
taxlaw-2855	222	51	preamble	preamble	ADJ
taxlaw-2855	222	52	recites	recite	NOUN
taxlaw-2855	222	53	section	section	NOUN
taxlaw-2855	222	54	956(e	956(e	PROPN
taxlaw-2855	222	55	)	)	PUNCT
taxlaw-2855	222	56	(	(	PUNCT
taxlaw-2855	222	57	described	describe	VERB
taxlaw-2855	222	58	above	above	ADV
taxlaw-2855	222	59	)	)	PUNCT
taxlaw-2855	222	60	and	and	CCONJ
taxlaw-2855	222	61	then	then	ADV
taxlaw-2855	222	62	states	state	NOUN
taxlaw-2855	222	63	,	,	PUNCT
taxlaw-2855	222	64	“	"	PUNCT
taxlaw-2855	222	65	an	an	DET
taxlaw-2855	222	66	inversion	inversion	NOUN
taxlaw-2855	222	67	transaction	transaction	NOUN
taxlaw-2855	222	68	may	may	AUX
taxlaw-2855	222	69	permit	permit	VERB
taxlaw-2855	222	70	the	the	DET
taxlaw-2855	222	71	top	top	ADJ
taxlaw-2855	222	72	corporate	corporate	ADJ
taxlaw-2855	222	73	parent	parent	NOUN
taxlaw-2855	222	74	in	in	ADP
taxlaw-2855	222	75	the	the	DET
taxlaw-2855	222	76	newly	newly	ADV
taxlaw-2855	222	77	inverted	invert	VERB
taxlaw-2855	222	78	group	group	NOUN
taxlaw-2855	222	79	,	,	PUNCT
taxlaw-2855	222	80	a	a	DET
taxlaw-2855	222	81	group	group	NOUN
taxlaw-2855	222	82	still	still	ADV
taxlaw-2855	222	83	principally	principally	ADV
taxlaw-2855	222	84	comprised	comprise	VERB
taxlaw-2855	222	85	of	of	ADP
taxlaw-2855	222	86	united	united	PROPN
taxlaw-2855	222	87	states	states	PROPN
taxlaw-2855	222	88	shareholders	shareholder	NOUN
taxlaw-2855	222	89	and	and	CCONJ
taxlaw-2855	222	90	their	their	PRON
taxlaw-2855	222	91	cfcs	cfc	NOUN
taxlaw-2855	222	92	,	,	PUNCT
taxlaw-2855	222	93	to	to	PART
taxlaw-2855	222	94	avoid	avoid	VERB
taxlaw-2855	222	95	section	section	NOUN
taxlaw-2855	222	96	956	956	NUM
taxlaw-2855	222	97	by	by	ADP
taxlaw-2855	222	98	accessing	access	VERB
taxlaw-2855	222	99	the	the	DET
taxlaw-2855	222	100	untaxed	untaxed	ADJ
taxlaw-2855	222	101	earnings	earning	NOUN
taxlaw-2855	222	102	and	and	CCONJ
taxlaw-2855	222	103	profits	profit	NOUN
taxlaw-2855	222	104	of	of	ADP
taxlaw-2855	222	105	the	the	DET
taxlaw-2855	222	106	cfcs	cfc	NOUN
taxlaw-2855	222	107	without	without	ADP
taxlaw-2855	222	108	a	a	DET
taxlaw-2855	222	109	current	current	ADJ
taxlaw-2855	222	110	tax	tax	NOUN
taxlaw-2855	222	111	to	to	ADP
taxlaw-2855	222	112	the	the	DET
taxlaw-2855	222	113	u.s	u.s	PROPN
taxlaw-2855	222	114	.	.	PROPN
taxlaw-2855	222	115	shareholders	shareholder	NOUN
taxlaw-2855	222	116	.	.	PUNCT
taxlaw-2855	223	1	this	this	PRON
taxlaw-2855	223	2	is	be	AUX
taxlaw-2855	223	3	a	a	DET
taxlaw-2855	223	4	result	result	NOUN
taxlaw-2855	223	5	that	that	SCONJ
taxlaw-2855	223	6	the	the	DET
taxlaw-2855	223	7	u.s	u.s	PROPN
taxlaw-2855	223	8	.	.	PROPN
taxlaw-2855	223	9	shareholders	shareholder	NOUN
taxlaw-2855	223	10	could	could	AUX
taxlaw-2855	223	11	not	not	PART
taxlaw-2855	223	12	achieve	achieve	VERB
taxlaw-2855	223	13	before	before	ADP
taxlaw-2855	223	14	the	the	DET
taxlaw-2855	223	15	inversion	inversion	NOUN
taxlaw-2855	223	16	.	.	PUNCT
taxlaw-2855	224	1	the	the	DET
taxlaw-2855	224	2	ability	ability	NOUN
taxlaw-2855	224	3	of	of	ADP
taxlaw-2855	224	4	the	the	DET
taxlaw-2855	224	5	new	new	ADJ
taxlaw-2855	224	6	foreign	foreign	ADJ
taxlaw-2855	224	7	parent	parent	NOUN
taxlaw-2855	224	8	to	to	PART
taxlaw-2855	224	9	access	access	VERB
taxlaw-2855	224	10	deferred	defer	VERB
taxlaw-2855	224	11	cfc	cfc	NOUN
taxlaw-2855	224	12	earnings	earning	NOUN
taxlaw-2855	224	13	and	and	CCONJ
taxlaw-2855	224	14	profits	profit	NOUN
taxlaw-2855	224	15	would	would	AUX
taxlaw-2855	224	16	in	in	ADP
taxlaw-2855	224	17	many	many	ADJ
taxlaw-2855	224	18	cases	case	NOUN
taxlaw-2855	224	19	eliminate	eliminate	VERB
taxlaw-2855	224	20	the	the	DET
taxlaw-2855	224	21	need	need	NOUN
taxlaw-2855	224	22	for	for	SCONJ
taxlaw-2855	224	23	the	the	DET
taxlaw-2855	224	24	cfcs	cfcs	NOUN
taxlaw-2855	224	25	to	to	PART
taxlaw-2855	224	26	pay	pay	VERB
taxlaw-2855	224	27	dividends	dividend	NOUN
taxlaw-2855	224	28	to	to	ADP
taxlaw-2855	224	29	the	the	DET
taxlaw-2855	224	30	united	united	PROPN
taxlaw-2855	224	31	states	states	PROPN
taxlaw-2855	224	32	shareholders	shareholder	NOUN
taxlaw-2855	224	33	,	,	PUNCT
taxlaw-2855	224	34	thereby	thereby	ADV
taxlaw-2855	224	35	circumventing	circumvent	VERB
taxlaw-2855	224	36	the	the	DET
taxlaw-2855	224	37	purposes	purpose	NOUN
taxlaw-2855	224	38	of	of	ADP
taxlaw-2855	224	39	section	section	NOUN
taxlaw-2855	224	40	956	956	NUM
taxlaw-2855	224	41	.	.	PUNCT
taxlaw-2855	224	42	”	"	PUNCT
taxlaw-2855	225	1	32	32	NUM
taxlaw-2855	225	2	26	26	NUM
taxlaw-2855	225	3	cfr	cfr	NOUN
taxlaw-2855	225	4	§	§	PROPN
taxlaw-2855	225	5	1.956	1.956	NUM
taxlaw-2855	225	6	-	-	PUNCT
taxlaw-2855	225	7	2t(a)(4	2t(a)(4	NUM
taxlaw-2855	225	8	)	)	PUNCT
taxlaw-2855	225	9	.	.	PUNCT
taxlaw-2855	226	1	33	33	NUM
taxlaw-2855	226	2	the	the	DET
taxlaw-2855	226	3	2014	2014	NUM
taxlaw-2855	226	4	notice	notice	NOUN
taxlaw-2855	226	5	,	,	PUNCT
taxlaw-2855	226	6	which	which	PRON
taxlaw-2855	226	7	originally	originally	ADV
taxlaw-2855	226	8	set	set	VERB
taxlaw-2855	226	9	forth	forth	ADP
taxlaw-2855	226	10	the	the	DET
taxlaw-2855	226	11	deemed	deem	VERB
taxlaw-2855	226	12	u.s	u.s	PROPN
taxlaw-2855	226	13	.	.	PROPN
taxlaw-2855	226	14	property	property	NOUN
taxlaw-2855	226	15	rule	rule	NOUN
taxlaw-2855	226	16	,	,	PUNCT
taxlaw-2855	226	17	stated	state	VERB
taxlaw-2855	226	18	that	that	SCONJ
taxlaw-2855	226	19	“	"	PUNCT
taxlaw-2855	226	20	section	section	NOUN
taxlaw-2855	226	21	956(e	956(e	PROPN
taxlaw-2855	226	22	)	)	PUNCT
taxlaw-2855	226	23	directs	direct	VERB
taxlaw-2855	226	24	the	the	DET
taxlaw-2855	226	25	secretary	secretary	NOUN
taxlaw-2855	226	26	to	to	PART
taxlaw-2855	226	27	prescribe	prescribe	VERB
taxlaw-2855	226	28	regulations	regulation	NOUN
taxlaw-2855	226	29	to	to	PART
taxlaw-2855	226	30	prevent	prevent	VERB
taxlaw-2855	226	31	the	the	DET
taxlaw-2855	226	32	avoidance	avoidance	NOUN
taxlaw-2855	226	33	of	of	ADP
taxlaw-2855	226	34	the	the	DET
taxlaw-2855	226	35	provisions	provision	NOUN
taxlaw-2855	226	36	of	of	ADP
taxlaw-2855	226	37	section	section	NOUN
taxlaw-2855	226	38	956	956	NUM
taxlaw-2855	226	39	through	through	ADP
taxlaw-2855	226	40	reorganizations	reorganization	NOUN
taxlaw-2855	226	41	or	or	CCONJ
taxlaw-2855	226	42	otherwise	otherwise	ADV
taxlaw-2855	226	43	;	;	PUNCT
taxlaw-2855	226	44	an	an	DET
taxlaw-2855	226	45	inversion	inversion	NOUN
taxlaw-2855	226	46	is	be	AUX
taxlaw-2855	226	47	an	an	DET
taxlaw-2855	226	48	example	example	NOUN
taxlaw-2855	226	49	of	of	ADP
taxlaw-2855	226	50	such	such	DET
taxlaw-2855	226	51	a	a	DET
taxlaw-2855	226	52	transaction	transaction	NOUN
taxlaw-2855	226	53	.	.	PUNCT
taxlaw-2855	226	54	”	"	PUNCT
taxlaw-2855	227	1	notice	notice	VERB
taxlaw-2855	227	2	2014	2014	NUM
taxlaw-2855	227	3	-	-	SYM
taxlaw-2855	227	4	52	52	NUM
taxlaw-2855	227	5	,	,	PUNCT
taxlaw-2855	227	6	2014	2014	NUM
taxlaw-2855	227	7	-	-	SYM
taxlaw-2855	227	8	42	42	NUM
taxlaw-2855	227	9	i.r.b	i.r.b	NOUN
taxlaw-2855	227	10	.	.	PUNCT
taxlaw-2855	228	1	712	712	NUM
taxlaw-2855	228	2	.	.	X
taxlaw-2855	229	1	2017	2017	NUM
taxlaw-2855	229	2	]	]	PUNCT
taxlaw-2855	229	3	a	a	DET
taxlaw-2855	229	4	framework	framework	NOUN
taxlaw-2855	229	5	for	for	ADP
taxlaw-2855	229	6	testing	test	VERB
taxlaw-2855	229	7	regulatory	regulatory	ADJ
taxlaw-2855	229	8	authority	authority	NOUN
taxlaw-2855	229	9	337	337	NUM
taxlaw-2855	229	10	2	2	NUM
taxlaw-2855	229	11	.	.	PUNCT
taxlaw-2855	230	1	a	a	DET
taxlaw-2855	230	2	closer	close	ADJ
taxlaw-2855	230	3	look	look	NOUN
taxlaw-2855	230	4	as	as	SCONJ
taxlaw-2855	230	5	noted	note	VERB
taxlaw-2855	230	6	above	above	ADV
taxlaw-2855	230	7	,	,	PUNCT
taxlaw-2855	230	8	defining	define	VERB
taxlaw-2855	230	9	the	the	DET
taxlaw-2855	230	10	purpose	purpose	NOUN
taxlaw-2855	230	11	of	of	ADP
taxlaw-2855	230	12	section	section	NOUN
taxlaw-2855	230	13	956	956	NUM
taxlaw-2855	230	14	is	be	AUX
taxlaw-2855	230	15	not	not	PART
taxlaw-2855	230	16	a	a	DET
taxlaw-2855	230	17	straightforward	straightforward	ADJ
taxlaw-2855	230	18	exercise	exercise	NOUN
taxlaw-2855	230	19	.	.	PUNCT
taxlaw-2855	231	1	but	but	CCONJ
taxlaw-2855	231	2	before	before	SCONJ
taxlaw-2855	231	3	we	we	PRON
taxlaw-2855	231	4	go	go	VERB
taxlaw-2855	231	5	there	there	ADV
taxlaw-2855	231	6	,	,	PUNCT
taxlaw-2855	231	7	we	we	PRON
taxlaw-2855	231	8	must	must	AUX
taxlaw-2855	231	9	acknowledge	acknowledge	VERB
taxlaw-2855	231	10	this	this	DET
taxlaw-2855	231	11	rule	rule	NOUN
taxlaw-2855	231	12	for	for	ADP
taxlaw-2855	231	13	what	what	PRON
taxlaw-2855	231	14	it	it	PRON
taxlaw-2855	231	15	is	be	AUX
taxlaw-2855	231	16	—	—	PUNCT
taxlaw-2855	231	17	an	an	DET
taxlaw-2855	231	18	antiinversion	antiinversion	NOUN
taxlaw-2855	231	19	rule	rule	NOUN
taxlaw-2855	231	20	.	.	PUNCT
taxlaw-2855	232	1	in	in	ADP
taxlaw-2855	232	2	a	a	DET
taxlaw-2855	232	3	foreign	foreign	ADJ
taxlaw-2855	232	4	-	-	PUNCT
taxlaw-2855	232	5	parented	parent	VERB
taxlaw-2855	232	6	structure	structure	NOUN
taxlaw-2855	232	7	that	that	PRON
taxlaw-2855	232	8	includes	include	VERB
taxlaw-2855	232	9	u.s	u.s	PROPN
taxlaw-2855	232	10	.	.	PROPN
taxlaw-2855	232	11	corporations	corporation	NOUN
taxlaw-2855	232	12	and	and	CCONJ
taxlaw-2855	232	13	their	their	PRON
taxlaw-2855	232	14	cfcs	cfc	NOUN
taxlaw-2855	232	15	,	,	PUNCT
taxlaw-2855	232	16	and	and	CCONJ
taxlaw-2855	232	17	where	where	SCONJ
taxlaw-2855	232	18	the	the	DET
taxlaw-2855	232	19	structure	structure	NOUN
taxlaw-2855	232	20	is	be	AUX
taxlaw-2855	232	21	not	not	PART
taxlaw-2855	232	22	the	the	DET
taxlaw-2855	232	23	consequence	consequence	NOUN
taxlaw-2855	232	24	of	of	ADP
taxlaw-2855	232	25	an	an	DET
taxlaw-2855	232	26	inversion	inversion	NOUN
taxlaw-2855	232	27	,	,	PUNCT
taxlaw-2855	232	28	the	the	DET
taxlaw-2855	232	29	deemed	deem	VERB
taxlaw-2855	232	30	u.s	u.s	PROPN
taxlaw-2855	232	31	.	.	PROPN
taxlaw-2855	232	32	property	property	NOUN
taxlaw-2855	232	33	rule	rule	NOUN
taxlaw-2855	232	34	does	do	AUX
taxlaw-2855	232	35	not	not	PART
taxlaw-2855	232	36	apply.34	apply.34	VERB
taxlaw-2855	232	37	we	we	PRON
taxlaw-2855	232	38	can	can	AUX
taxlaw-2855	232	39	thus	thus	ADV
taxlaw-2855	232	40	infer	infer	VERB
taxlaw-2855	232	41	two	two	NUM
taxlaw-2855	232	42	separate	separate	ADJ
taxlaw-2855	232	43	but	but	CCONJ
taxlaw-2855	232	44	related	related	ADJ
taxlaw-2855	232	45	points	point	NOUN
taxlaw-2855	232	46	.	.	PUNCT
taxlaw-2855	233	1	first	first	ADV
taxlaw-2855	233	2	,	,	PUNCT
taxlaw-2855	233	3	this	this	DET
taxlaw-2855	233	4	rule	rule	NOUN
taxlaw-2855	233	5	is	be	AUX
taxlaw-2855	233	6	not	not	PART
taxlaw-2855	233	7	a	a	DET
taxlaw-2855	233	8	rule	rule	NOUN
taxlaw-2855	233	9	about	about	ADP
taxlaw-2855	233	10	section	section	NOUN
taxlaw-2855	233	11	956	956	NUM
taxlaw-2855	233	12	,	,	PUNCT
taxlaw-2855	233	13	but	but	CCONJ
taxlaw-2855	233	14	a	a	DET
taxlaw-2855	233	15	rule	rule	NOUN
taxlaw-2855	233	16	about	about	ADP
taxlaw-2855	233	17	section	section	NOUN
taxlaw-2855	233	18	7874	7874	NUM
taxlaw-2855	233	19	.	.	PUNCT
taxlaw-2855	234	1	the	the	DET
taxlaw-2855	234	2	deemed	deem	VERB
taxlaw-2855	234	3	u.s	u.s	PROPN
taxlaw-2855	234	4	.	.	PROPN
taxlaw-2855	234	5	property	property	NOUN
taxlaw-2855	234	6	rule	rule	NOUN
taxlaw-2855	234	7	creates	create	VERB
taxlaw-2855	234	8	another	another	DET
taxlaw-2855	234	9	consequence	consequence	NOUN
taxlaw-2855	234	10	—	—	PUNCT
taxlaw-2855	234	11	a	a	DET
taxlaw-2855	234	12	penalty	penalty	NOUN
taxlaw-2855	234	13	—	—	PUNCT
taxlaw-2855	234	14	for	for	ADP
taxlaw-2855	234	15	undertaking	undertake	VERB
taxlaw-2855	234	16	an	an	DET
taxlaw-2855	234	17	inversion	inversion	NOUN
taxlaw-2855	234	18	transaction	transaction	NOUN
taxlaw-2855	234	19	.	.	PUNCT
taxlaw-2855	235	1	second	second	ADJ
taxlaw-2855	235	2	,	,	PUNCT
taxlaw-2855	235	3	the	the	DET
taxlaw-2855	235	4	“	"	PUNCT
taxlaw-2855	235	5	purpose	purpose	NOUN
taxlaw-2855	235	6	”	"	PUNCT
taxlaw-2855	235	7	of	of	ADP
taxlaw-2855	235	8	section	section	NOUN
taxlaw-2855	235	9	956	956	NUM
taxlaw-2855	235	10	is	be	AUX
taxlaw-2855	235	11	not	not	PART
taxlaw-2855	235	12	abused	abuse	VERB
taxlaw-2855	235	13	when	when	SCONJ
taxlaw-2855	235	14	a	a	DET
taxlaw-2855	235	15	non	non	ADJ
taxlaw-2855	235	16	-	-	ADJ
taxlaw-2855	235	17	inverted	inverted	ADJ
taxlaw-2855	235	18	foreign	foreign	ADJ
taxlaw-2855	235	19	-	-	PUNCT
taxlaw-2855	235	20	parented	parent	VERB
taxlaw-2855	235	21	group	group	NOUN
taxlaw-2855	235	22	with	with	ADP
taxlaw-2855	235	23	u.s	u.s	PROPN
taxlaw-2855	235	24	.	.	PROPN
taxlaw-2855	235	25	corporations	corporation	NOUN
taxlaw-2855	235	26	and	and	CCONJ
taxlaw-2855	235	27	lower	low	ADJ
taxlaw-2855	235	28	-	-	PUNCT
taxlaw-2855	235	29	tier	tier	NOUN
taxlaw-2855	235	30	cfcs	cfc	NOUN
taxlaw-2855	235	31	undertakes	undertake	VERB
taxlaw-2855	235	32	the	the	DET
taxlaw-2855	235	33	kind	kind	NOUN
taxlaw-2855	235	34	of	of	ADP
taxlaw-2855	235	35	transaction	transaction	NOUN
taxlaw-2855	235	36	that	that	PRON
taxlaw-2855	235	37	“	"	PUNCT
taxlaw-2855	235	38	circumvents	circumvent	VERB
taxlaw-2855	235	39	”	"	PUNCT
taxlaw-2855	235	40	the	the	DET
taxlaw-2855	235	41	purpose	purpose	NOUN
taxlaw-2855	235	42	of	of	ADP
taxlaw-2855	235	43	section	section	NOUN
taxlaw-2855	235	44	956	956	NUM
taxlaw-2855	235	45	when	when	SCONJ
taxlaw-2855	235	46	undertaken	undertake	VERB
taxlaw-2855	235	47	by	by	ADP
taxlaw-2855	235	48	an	an	DET
taxlaw-2855	235	49	inverted	inverted	ADJ
taxlaw-2855	235	50	group	group	NOUN
taxlaw-2855	235	51	.	.	PUNCT
taxlaw-2855	236	1	3	3	X
taxlaw-2855	236	2	.	.	X
taxlaw-2855	236	3	is	be	AUX
taxlaw-2855	236	4	the	the	DET
taxlaw-2855	236	5	deemed	deem	VERB
taxlaw-2855	236	6	u.s	u.s	PROPN
taxlaw-2855	236	7	.	.	PROPN
taxlaw-2855	236	8	property	property	NOUN
taxlaw-2855	236	9	rule	rule	NOUN
taxlaw-2855	236	10	within	within	ADP
taxlaw-2855	236	11	the	the	DET
taxlaw-2855	236	12	scope	scope	NOUN
taxlaw-2855	236	13	of	of	ADP
taxlaw-2855	236	14	the	the	DET
taxlaw-2855	236	15	irs	irs	PROPN
taxlaw-2855	236	16	’s	’s	PART
taxlaw-2855	236	17	regulatory	regulatory	ADJ
taxlaw-2855	236	18	authority	authority	NOUN
taxlaw-2855	236	19	?	?	PUNCT
taxlaw-2855	237	1	imagine	imagine	VERB
taxlaw-2855	237	2	section	section	NOUN
taxlaw-2855	237	3	7874	7874	NUM
taxlaw-2855	237	4	had	have	AUX
taxlaw-2855	237	5	never	never	ADV
taxlaw-2855	237	6	been	be	AUX
taxlaw-2855	237	7	enacted	enact	VERB
taxlaw-2855	237	8	and	and	CCONJ
taxlaw-2855	237	9	an	an	DET
taxlaw-2855	237	10	“	"	PUNCT
taxlaw-2855	237	11	inversion	inversion	NOUN
taxlaw-2855	237	12	transaction	transaction	NOUN
taxlaw-2855	237	13	”	"	PUNCT
taxlaw-2855	237	14	was	be	AUX
taxlaw-2855	237	15	not	not	PART
taxlaw-2855	237	16	a	a	DET
taxlaw-2855	237	17	technical	technical	ADJ
taxlaw-2855	237	18	term	term	NOUN
taxlaw-2855	237	19	but	but	CCONJ
taxlaw-2855	237	20	just	just	ADV
taxlaw-2855	237	21	a	a	DET
taxlaw-2855	237	22	colloquial	colloquial	ADJ
taxlaw-2855	237	23	phrase	phrase	NOUN
taxlaw-2855	237	24	for	for	ADP
taxlaw-2855	237	25	a	a	DET
taxlaw-2855	237	26	tax	tax	NOUN
taxlaw-2855	237	27	-	-	PUNCT
taxlaw-2855	237	28	free	free	ADJ
taxlaw-2855	237	29	reorganization	reorganization	NOUN
taxlaw-2855	237	30	in	in	ADP
taxlaw-2855	237	31	which	which	PRON
taxlaw-2855	237	32	a	a	DET
taxlaw-2855	237	33	u.s	u.s	PROPN
taxlaw-2855	237	34	.	.	PROPN
taxlaw-2855	237	35	target	target	NOUN
taxlaw-2855	237	36	is	be	AUX
taxlaw-2855	237	37	merged	merge	VERB
taxlaw-2855	237	38	with	with	ADP
taxlaw-2855	237	39	and	and	CCONJ
taxlaw-2855	237	40	into	into	ADP
taxlaw-2855	237	41	a	a	DET
taxlaw-2855	237	42	foreign	foreign	ADJ
taxlaw-2855	237	43	acquiring	acquire	VERB
taxlaw-2855	237	44	corporation	corporation	NOUN
taxlaw-2855	237	45	.	.	PUNCT
taxlaw-2855	238	1	could	could	AUX
taxlaw-2855	238	2	the	the	DET
taxlaw-2855	238	3	irs	irs	PROPN
taxlaw-2855	238	4	have	have	AUX
taxlaw-2855	238	5	issued	issue	VERB
taxlaw-2855	238	6	regulations	regulation	NOUN
taxlaw-2855	238	7	under	under	ADP
taxlaw-2855	238	8	section	section	NOUN
taxlaw-2855	238	9	956	956	NUM
taxlaw-2855	238	10	applying	apply	VERB
taxlaw-2855	238	11	the	the	DET
taxlaw-2855	238	12	deemed	deem	VERB
taxlaw-2855	238	13	u.s	u.s	PROPN
taxlaw-2855	238	14	.	.	PROPN
taxlaw-2855	238	15	property	property	NOUN
taxlaw-2855	238	16	rule	rule	NOUN
taxlaw-2855	238	17	only	only	ADV
taxlaw-2855	238	18	when	when	SCONJ
taxlaw-2855	238	19	an	an	DET
taxlaw-2855	238	20	“	"	PUNCT
taxlaw-2855	238	21	inversion	inversion	NOUN
taxlaw-2855	238	22	transaction	transaction	NOUN
taxlaw-2855	238	23	”	"	PUNCT
taxlaw-2855	238	24	has	have	AUX
taxlaw-2855	238	25	previously	previously	ADV
taxlaw-2855	238	26	taken	take	VERB
taxlaw-2855	238	27	place	place	NOUN
taxlaw-2855	238	28	?	?	PUNCT
taxlaw-2855	239	1	the	the	DET
taxlaw-2855	239	2	answer	answer	NOUN
taxlaw-2855	239	3	to	to	ADP
taxlaw-2855	239	4	that	that	DET
taxlaw-2855	239	5	question	question	NOUN
taxlaw-2855	239	6	would	would	AUX
taxlaw-2855	239	7	rest	rest	VERB
taxlaw-2855	239	8	solely	solely	ADV
taxlaw-2855	239	9	on	on	ADP
taxlaw-2855	239	10	whether	whether	SCONJ
taxlaw-2855	239	11	such	such	DET
taxlaw-2855	239	12	a	a	DET
taxlaw-2855	239	13	regulation	regulation	NOUN
taxlaw-2855	239	14	is	be	AUX
taxlaw-2855	239	15	within	within	ADP
taxlaw-2855	239	16	the	the	DET
taxlaw-2855	239	17	grant	grant	NOUN
taxlaw-2855	239	18	of	of	ADP
taxlaw-2855	239	19	the	the	DET
taxlaw-2855	239	20	authority	authority	NOUN
taxlaw-2855	239	21	under	under	ADP
taxlaw-2855	239	22	section	section	NOUN
taxlaw-2855	239	23	956(e	956(e	PROPN
taxlaw-2855	239	24	)	)	PUNCT
taxlaw-2855	239	25	.	.	PUNCT
taxlaw-2855	240	1	since	since	SCONJ
taxlaw-2855	240	2	there	there	PRON
taxlaw-2855	240	3	is	be	VERB
taxlaw-2855	240	4	no	no	DET
taxlaw-2855	240	5	anti	anti	ADJ
taxlaw-2855	240	6	-	-	ADJ
taxlaw-2855	240	7	inversion	inversion	ADJ
taxlaw-2855	240	8	statute	statute	NOUN
taxlaw-2855	240	9	in	in	ADP
taxlaw-2855	240	10	this	this	DET
taxlaw-2855	240	11	hypothetical	hypothetical	ADJ
taxlaw-2855	240	12	,	,	PUNCT
taxlaw-2855	240	13	there	there	PRON
taxlaw-2855	240	14	is	be	VERB
taxlaw-2855	240	15	no	no	DET
taxlaw-2855	240	16	concern	concern	NOUN
taxlaw-2855	240	17	that	that	SCONJ
taxlaw-2855	240	18	the	the	DET
taxlaw-2855	240	19	deemed	deem	VERB
taxlaw-2855	240	20	u.s	u.s	PROPN
taxlaw-2855	240	21	.	.	PROPN
taxlaw-2855	240	22	property	property	NOUN
taxlaw-2855	240	23	rule	rule	NOUN
taxlaw-2855	240	24	is	be	AUX
taxlaw-2855	240	25	invalid	invalid	ADJ
taxlaw-2855	240	26	because	because	SCONJ
taxlaw-2855	240	27	it	it	PRON
taxlaw-2855	240	28	is	be	AUX
taxlaw-2855	240	29	really	really	ADV
taxlaw-2855	240	30	a	a	DET
taxlaw-2855	240	31	rule	rule	NOUN
taxlaw-2855	240	32	about	about	ADP
taxlaw-2855	240	33	section	section	NOUN
taxlaw-2855	240	34	7874	7874	NUM
taxlaw-2855	240	35	.	.	PUNCT
taxlaw-2855	241	1	section	section	NOUN
taxlaw-2855	241	2	7874	7874	NUM
taxlaw-2855	241	3	does	do	AUX
taxlaw-2855	241	4	exist	exist	VERB
taxlaw-2855	241	5	,	,	PUNCT
taxlaw-2855	241	6	however	however	ADV
taxlaw-2855	241	7	,	,	PUNCT
taxlaw-2855	241	8	and	and	CCONJ
taxlaw-2855	241	9	so	so	ADV
taxlaw-2855	241	10	we	we	PRON
taxlaw-2855	241	11	must	must	AUX
taxlaw-2855	241	12	ask	ask	VERB
taxlaw-2855	241	13	(	(	PUNCT
taxlaw-2855	241	14	in	in	ADP
taxlaw-2855	241	15	addition	addition	NOUN
taxlaw-2855	241	16	to	to	ADP
taxlaw-2855	241	17	the	the	DET
taxlaw-2855	241	18	“	"	PUNCT
taxlaw-2855	241	19	purpose	purpose	NOUN
taxlaw-2855	241	20	”	"	PUNCT
taxlaw-2855	241	21	question	question	NOUN
taxlaw-2855	241	22	)	)	PUNCT
taxlaw-2855	241	23	whether	whether	SCONJ
taxlaw-2855	241	24	the	the	DET
taxlaw-2855	241	25	deemed	deem	VERB
taxlaw-2855	241	26	u.s	u.s	PROPN
taxlaw-2855	241	27	.	.	PROPN
taxlaw-2855	241	28	property	property	NOUN
taxlaw-2855	241	29	rule	rule	NOUN
taxlaw-2855	241	30	is	be	AUX
taxlaw-2855	241	31	doing	do	VERB
taxlaw-2855	241	32	something	something	PRON
taxlaw-2855	241	33	to	to	PART
taxlaw-2855	241	34	section	section	NOUN
taxlaw-2855	241	35	7874	7874	NUM
taxlaw-2855	241	36	that	that	PRON
taxlaw-2855	241	37	could	could	AUX
taxlaw-2855	241	38	not	not	PART
taxlaw-2855	241	39	be	be	AUX
taxlaw-2855	241	40	done	do	VERB
taxlaw-2855	241	41	directly	directly	ADV
taxlaw-2855	241	42	—	—	PUNCT
taxlaw-2855	241	43	i.e.	i.e.	X
taxlaw-2855	241	44	,	,	PUNCT
taxlaw-2855	241	45	is	be	AUX
taxlaw-2855	241	46	the	the	DET
taxlaw-2855	241	47	regulation	regulation	NOUN
taxlaw-2855	241	48	rewriting	rewrite	VERB
taxlaw-2855	241	49	section	section	NOUN
taxlaw-2855	241	50	7874	7874	NUM
taxlaw-2855	241	51	in	in	ADP
taxlaw-2855	241	52	an	an	DET
taxlaw-2855	241	53	inappropriate	inappropriate	ADJ
taxlaw-2855	241	54	manner	manner	NOUN
taxlaw-2855	241	55	?	?	PUNCT
taxlaw-2855	242	1	in	in	ADP
taxlaw-2855	242	2	effect	effect	NOUN
taxlaw-2855	242	3	,	,	PUNCT
taxlaw-2855	242	4	the	the	DET
taxlaw-2855	242	5	deemed	deem	VERB
taxlaw-2855	242	6	u.s	u.s	PROPN
taxlaw-2855	242	7	.	.	PROPN
taxlaw-2855	242	8	property	property	NOUN
taxlaw-2855	242	9	rule	rule	NOUN
taxlaw-2855	242	10	treats	treat	VERB
taxlaw-2855	242	11	a	a	DET
taxlaw-2855	242	12	foreign	foreign	ADJ
taxlaw-2855	242	13	parent	parent	NOUN
taxlaw-2855	242	14	as	as	ADP
taxlaw-2855	242	15	a	a	DET
taxlaw-2855	242	16	u.s	u.s	PROPN
taxlaw-2855	242	17	.	.	PROPN
taxlaw-2855	242	18	corporation	corporation	NOUN
taxlaw-2855	242	19	for	for	ADP
taxlaw-2855	242	20	purposes	purpose	NOUN
taxlaw-2855	242	21	of	of	ADP
taxlaw-2855	242	22	section	section	NOUN
taxlaw-2855	242	23	956	956	NUM
taxlaw-2855	242	24	in	in	ADP
taxlaw-2855	242	25	the	the	DET
taxlaw-2855	242	26	context	context	NOUN
taxlaw-2855	242	27	described	describe	VERB
taxlaw-2855	242	28	above	above	ADV
taxlaw-2855	242	29	in	in	ADP
taxlaw-2855	242	30	order	order	NOUN
taxlaw-2855	242	31	to	to	PART
taxlaw-2855	242	32	target	target	VERB
taxlaw-2855	242	33	a	a	DET
taxlaw-2855	242	34	perceived	perceive	VERB
taxlaw-2855	242	35	abuse	abuse	NOUN
taxlaw-2855	242	36	relating	relate	VERB
taxlaw-2855	242	37	to	to	ADP
taxlaw-2855	242	38	inversions	inversion	NOUN
taxlaw-2855	242	39	.	.	PUNCT
taxlaw-2855	243	1	had	have	VERB
taxlaw-2855	243	2	the	the	DET
taxlaw-2855	243	3	ownership	ownership	NOUN
taxlaw-2855	243	4	percentage	percentage	NOUN
taxlaw-2855	243	5	with	with	ADP
taxlaw-2855	243	6	respect	respect	NOUN
taxlaw-2855	243	7	to	to	ADP
taxlaw-2855	243	8	the	the	DET
taxlaw-2855	243	9	foreign	foreign	ADJ
taxlaw-2855	243	10	parent	parent	NOUN
taxlaw-2855	243	11	’s	’s	PART
taxlaw-2855	243	12	u.s	u.s	PROPN
taxlaw-2855	243	13	.	.	PROPN
taxlaw-2855	243	14	shareholders	shareholder	NOUN
taxlaw-2855	243	15	been	be	VERB
taxlaw-2855	243	16	80	80	NUM
taxlaw-2855	243	17	%	%	NOUN
taxlaw-2855	243	18	or	or	CCONJ
taxlaw-2855	243	19	more	more	ADJ
taxlaw-2855	243	20	,	,	PUNCT
taxlaw-2855	243	21	the	the	DET
taxlaw-2855	243	22	foreign	foreign	ADJ
taxlaw-2855	243	23	parent	parent	NOUN
taxlaw-2855	243	24	would	would	AUX
taxlaw-2855	243	25	have	have	AUX
taxlaw-2855	243	26	been	be	AUX
taxlaw-2855	243	27	treated	treat	VERB
taxlaw-2855	243	28	as	as	ADP
taxlaw-2855	243	29	a	a	DET
taxlaw-2855	243	30	u.s	u.s	PROPN
taxlaw-2855	243	31	.	.	PROPN
taxlaw-2855	243	32	corporation	corporation	NOUN
taxlaw-2855	243	33	for	for	ADP
taxlaw-2855	243	34	all	all	DET
taxlaw-2855	243	35	purposes	purpose	NOUN
taxlaw-2855	243	36	of	of	ADP
taxlaw-2855	243	37	the	the	DET
taxlaw-2855	243	38	code	code	NOUN
taxlaw-2855	243	39	pursuant	pursuant	NOUN
taxlaw-2855	243	40	to	to	ADP
taxlaw-2855	243	41	section	section	NOUN
taxlaw-2855	243	42	7874(b	7874(b	NOUN
taxlaw-2855	243	43	)	)	PUNCT
taxlaw-2855	243	44	.	.	PUNCT
taxlaw-2855	244	1	thus	thus	ADV
taxlaw-2855	244	2	,	,	PUNCT
taxlaw-2855	244	3	one	one	NUM
taxlaw-2855	244	4	way	way	NOUN
taxlaw-2855	244	5	to	to	PART
taxlaw-2855	244	6	articulate	articulate	VERB
taxlaw-2855	244	7	the	the	DET
taxlaw-2855	244	8	effect	effect	NOUN
taxlaw-2855	244	9	of	of	ADP
taxlaw-2855	244	10	the	the	DET
taxlaw-2855	244	11	deemed	deem	VERB
taxlaw-2855	244	12	u.s	u.s	PROPN
taxlaw-2855	244	13	.	.	PROPN
taxlaw-2855	244	14	property	property	NOUN
taxlaw-2855	244	15	rule	rule	NOUN
taxlaw-2855	244	16	is	be	AUX
taxlaw-2855	244	17	that	that	SCONJ
taxlaw-2855	244	18	for	for	ADP
taxlaw-2855	244	19	section	section	NOUN
taxlaw-2855	244	20	956	956	NUM
taxlaw-2855	244	21	purposes	purpose	NOUN
taxlaw-2855	244	22	,	,	PUNCT
taxlaw-2855	244	23	the	the	DET
taxlaw-2855	244	24	regulation	regulation	NOUN
taxlaw-2855	244	25	lowers	lower	VERB
taxlaw-2855	244	26	the	the	DET
taxlaw-2855	244	27	80	80	NUM
taxlaw-2855	244	28	%	%	NOUN
taxlaw-2855	244	29	ownership	ownership	NOUN
taxlaw-2855	244	30	percentage	percentage	NOUN
taxlaw-2855	244	31	threshold	threshold	NOUN
taxlaw-2855	244	32	in	in	ADP
taxlaw-2855	244	33	section	section	NOUN
taxlaw-2855	244	34	7874(b	7874(b	NOUN
taxlaw-2855	244	35	)	)	PUNCT
taxlaw-2855	244	36	to	to	ADP
taxlaw-2855	244	37	60	60	NUM
taxlaw-2855	244	38	%	%	NOUN
taxlaw-2855	244	39	.	.	PUNCT
taxlaw-2855	245	1	should	should	AUX
taxlaw-2855	245	2	this	this	PRON
taxlaw-2855	245	3	be	be	AUX
taxlaw-2855	245	4	allowed	allow	VERB
taxlaw-2855	245	5	?	?	PUNCT
taxlaw-2855	246	1	perhaps	perhaps	ADV
taxlaw-2855	246	2	the	the	DET
taxlaw-2855	246	3	answer	answer	NOUN
taxlaw-2855	246	4	is	be	AUX
taxlaw-2855	246	5	yes	yes	INTJ
taxlaw-2855	246	6	,	,	PUNCT
taxlaw-2855	246	7	in	in	ADP
taxlaw-2855	246	8	the	the	DET
taxlaw-2855	246	9	context	context	NOUN
taxlaw-2855	246	10	of	of	ADP
taxlaw-2855	246	11	sections	section	NOUN
taxlaw-2855	246	12	956	956	NUM
taxlaw-2855	246	13	and	and	CCONJ
taxlaw-2855	246	14	7874	7874	NUM
taxlaw-2855	246	15	,	,	PUNCT
taxlaw-2855	246	16	insofar	insofar	ADV
taxlaw-2855	246	17	as	as	SCONJ
taxlaw-2855	246	18	one	one	PRON
taxlaw-2855	246	19	could	could	AUX
taxlaw-2855	246	20	argue	argue	VERB
taxlaw-2855	246	21	that	that	SCONJ
taxlaw-2855	246	22	the	the	DET
taxlaw-2855	246	23	deemed	deem	VERB
taxlaw-2855	246	24	u.s	u.s	PROPN
taxlaw-2855	246	25	.	.	PROPN
taxlaw-2855	246	26	property	property	NOUN
taxlaw-2855	246	27	rule	rule	NOUN
taxlaw-2855	246	28	does	do	AUX
taxlaw-2855	246	29	not	not	PART
taxlaw-2855	246	30	actually	actually	ADV
taxlaw-2855	246	31	cause	cause	VERB
taxlaw-2855	246	32	a	a	DET
taxlaw-2855	246	33	foreign	foreign	ADJ
taxlaw-2855	246	34	parent	parent	NOUN
taxlaw-2855	246	35	to	to	PART
taxlaw-2855	246	36	be	be	AUX
taxlaw-2855	246	37	treated	treat	VERB
taxlaw-2855	246	38	as	as	ADP
taxlaw-2855	246	39	a	a	DET
taxlaw-2855	246	40	u.s	u.s	PROPN
taxlaw-2855	246	41	.	.	PROPN
taxlaw-2855	246	42	corporation	corporation	NOUN
taxlaw-2855	246	43	;	;	PUNCT
taxlaw-2855	246	44	rather	rather	ADV
taxlaw-2855	246	45	,	,	PUNCT
taxlaw-2855	246	46	the	the	DET
taxlaw-2855	246	47	regulation	regulation	NOUN
taxlaw-2855	246	48	causes	cause	VERB
taxlaw-2855	246	49	the	the	DET
taxlaw-2855	246	50	stock	stock	NOUN
taxlaw-2855	246	51	and	and	CCONJ
taxlaw-2855	246	52	obligations	obligation	NOUN
taxlaw-2855	246	53	of	of	ADP
taxlaw-2855	246	54	a	a	DET
taxlaw-2855	246	55	foreign	foreign	ADJ
taxlaw-2855	246	56	parent	parent	NOUN
taxlaw-2855	246	57	(	(	PUNCT
taxlaw-2855	246	58	and	and	CCONJ
taxlaw-2855	246	59	other	other	ADJ
taxlaw-2855	246	60	non	non	ADJ
taxlaw-2855	246	61	-	-	ADJ
taxlaw-2855	246	62	cfc	cfc	ADJ
taxlaw-2855	246	63	related	relate	VERB
taxlaw-2855	246	64	persons	person	NOUN
taxlaw-2855	246	65	)	)	PUNCT
taxlaw-2855	246	66	to	to	PART
taxlaw-2855	246	67	be	be	AUX
taxlaw-2855	246	68	treated	treat	VERB
taxlaw-2855	246	69	as	as	ADP
taxlaw-2855	246	70	stock	stock	NOUN
taxlaw-2855	246	71	or	or	CCONJ
taxlaw-2855	246	72	obligations	obligation	NOUN
taxlaw-2855	246	73	of	of	ADP
taxlaw-2855	246	74	a	a	DET
taxlaw-2855	246	75	u.s	u.s	PROPN
taxlaw-2855	246	76	.	.	PROPN
taxlaw-2855	246	77	person	person	NOUN
taxlaw-2855	246	78	.	.	PUNCT
taxlaw-2855	247	1	but	but	CCONJ
taxlaw-2855	247	2	that	that	DET
taxlaw-2855	247	3	nuance	nuance	NOUN
taxlaw-2855	247	4	should	should	AUX
taxlaw-2855	247	5	not	not	PART
taxlaw-2855	247	6	be	be	AUX
taxlaw-2855	247	7	sufficient	sufficient	ADJ
taxlaw-2855	247	8	34	34	NUM
taxlaw-2855	247	9	the	the	DET
taxlaw-2855	247	10	deemed	deem	VERB
taxlaw-2855	247	11	u.s	u.s	PROPN
taxlaw-2855	247	12	.	.	PROPN
taxlaw-2855	247	13	property	property	NOUN
taxlaw-2855	247	14	rule	rule	NOUN
taxlaw-2855	247	15	is	be	AUX
taxlaw-2855	247	16	limited	limit	VERB
taxlaw-2855	247	17	to	to	ADP
taxlaw-2855	247	18	“	"	PUNCT
taxlaw-2855	247	19	expatriated	expatriate	VERB
taxlaw-2855	247	20	foreign	foreign	ADJ
taxlaw-2855	247	21	subsidiaries	subsidiary	NOUN
taxlaw-2855	247	22	.	.	PUNCT
taxlaw-2855	247	23	”	"	PUNCT
taxlaw-2855	248	1	a	a	DET
taxlaw-2855	248	2	non	non	ADJ
taxlaw-2855	248	3	-	-	ADJ
taxlaw-2855	248	4	inverted	inverted	ADJ
taxlaw-2855	248	5	foreign	foreign	ADJ
taxlaw-2855	248	6	-	-	PUNCT
taxlaw-2855	248	7	parented	parent	VERB
taxlaw-2855	248	8	group	group	NOUN
taxlaw-2855	248	9	with	with	ADP
taxlaw-2855	248	10	u.s	u.s	PROPN
taxlaw-2855	248	11	.	.	PROPN
taxlaw-2855	248	12	corporations	corporation	NOUN
taxlaw-2855	248	13	and	and	CCONJ
taxlaw-2855	248	14	lower	low	ADJ
taxlaw-2855	248	15	-	-	PUNCT
taxlaw-2855	248	16	tier	tier	NOUN
taxlaw-2855	248	17	cfcs	cfc	NOUN
taxlaw-2855	248	18	can	can	AUX
taxlaw-2855	248	19	therefore	therefore	ADV
taxlaw-2855	248	20	“	"	PUNCT
taxlaw-2855	248	21	circumvent	circumvent	VERB
taxlaw-2855	248	22	”	"	PUNCT
taxlaw-2855	248	23	section	section	NOUN
taxlaw-2855	248	24	956	956	NUM
taxlaw-2855	248	25	by	by	ADP
taxlaw-2855	248	26	having	have	VERB
taxlaw-2855	248	27	its	its	PRON
taxlaw-2855	248	28	cfcs	cfc	NOUN
taxlaw-2855	248	29	lend	lend	VERB
taxlaw-2855	248	30	directly	directly	ADV
taxlaw-2855	248	31	to	to	ADP
taxlaw-2855	248	32	the	the	DET
taxlaw-2855	248	33	foreign	foreign	ADJ
taxlaw-2855	248	34	parent	parent	NOUN
taxlaw-2855	248	35	.	.	PUNCT
taxlaw-2855	249	1	338	338	NUM
taxlaw-2855	249	2	columbia	columbia	PROPN
taxlaw-2855	249	3	journal	journal	PROPN
taxlaw-2855	249	4	of	of	ADP
taxlaw-2855	249	5	tax	tax	NOUN
taxlaw-2855	249	6	law	law	NOUN
taxlaw-2855	250	1	[	[	X
taxlaw-2855	250	2	vol.8:326	vol.8:326	PROPN
taxlaw-2855	250	3	to	to	PART
taxlaw-2855	250	4	bless	bless	VERB
taxlaw-2855	250	5	all	all	DET
taxlaw-2855	250	6	regulatory	regulatory	ADJ
taxlaw-2855	250	7	action	action	NOUN
taxlaw-2855	250	8	under	under	ADP
taxlaw-2855	250	9	one	one	NUM
taxlaw-2855	250	10	section	section	NOUN
taxlaw-2855	250	11	that	that	PRON
taxlaw-2855	250	12	frustrates	frustrate	VERB
taxlaw-2855	250	13	a	a	DET
taxlaw-2855	250	14	congressional	congressional	ADJ
taxlaw-2855	250	15	bright	bright	ADJ
taxlaw-2855	250	16	-	-	PUNCT
taxlaw-2855	250	17	line	line	NOUN
taxlaw-2855	250	18	test	test	NOUN
taxlaw-2855	250	19	set	set	VERB
taxlaw-2855	250	20	forth	forth	ADP
taxlaw-2855	250	21	in	in	ADP
taxlaw-2855	250	22	another	another	DET
taxlaw-2855	250	23	section.35	section.35	NOUN
taxlaw-2855	250	24	in	in	ADP
taxlaw-2855	250	25	the	the	DET
taxlaw-2855	250	26	extreme	extreme	NOUN
taxlaw-2855	250	27	,	,	PUNCT
taxlaw-2855	250	28	imagine	imagine	VERB
taxlaw-2855	250	29	the	the	DET
taxlaw-2855	250	30	irs	irs	PROPN
taxlaw-2855	250	31	issued	issue	VERB
taxlaw-2855	250	32	regulations	regulation	NOUN
taxlaw-2855	250	33	under	under	ADP
taxlaw-2855	250	34	each	each	DET
taxlaw-2855	250	35	code	code	NOUN
taxlaw-2855	250	36	section	section	NOUN
taxlaw-2855	250	37	,	,	PUNCT
taxlaw-2855	250	38	stating	state	VERB
taxlaw-2855	250	39	that	that	SCONJ
taxlaw-2855	250	40	(	(	PUNCT
taxlaw-2855	250	41	i	i	NOUN
taxlaw-2855	250	42	)	)	PUNCT
taxlaw-2855	250	43	an	an	DET
taxlaw-2855	250	44	inversion	inversion	NOUN
taxlaw-2855	250	45	transaction	transaction	NOUN
taxlaw-2855	250	46	presents	present	VERB
taxlaw-2855	250	47	the	the	DET
taxlaw-2855	250	48	potential	potential	NOUN
taxlaw-2855	250	49	for	for	ADP
taxlaw-2855	250	50	abuse	abuse	NOUN
taxlaw-2855	250	51	of	of	ADP
taxlaw-2855	250	52	such	such	ADJ
taxlaw-2855	250	53	section	section	NOUN
taxlaw-2855	250	54	,	,	PUNCT
taxlaw-2855	250	55	and	and	CCONJ
taxlaw-2855	250	56	(	(	PUNCT
taxlaw-2855	250	57	ii	ii	NOUN
taxlaw-2855	250	58	)	)	PUNCT
taxlaw-2855	250	59	therefore	therefore	ADV
taxlaw-2855	250	60	,	,	PUNCT
taxlaw-2855	250	61	in	in	ADP
taxlaw-2855	250	62	order	order	NOUN
taxlaw-2855	250	63	to	to	PART
taxlaw-2855	250	64	prevent	prevent	VERB
taxlaw-2855	250	65	such	such	ADJ
taxlaw-2855	250	66	abuse	abuse	NOUN
taxlaw-2855	250	67	,	,	PUNCT
taxlaw-2855	250	68	solely	solely	ADV
taxlaw-2855	250	69	for	for	ADP
taxlaw-2855	250	70	purposes	purpose	NOUN
taxlaw-2855	250	71	of	of	ADP
taxlaw-2855	250	72	such	such	ADJ
taxlaw-2855	250	73	section	section	NOUN
taxlaw-2855	250	74	,	,	PUNCT
taxlaw-2855	250	75	a	a	DET
taxlaw-2855	250	76	foreign	foreign	ADJ
taxlaw-2855	250	77	corporation	corporation	NOUN
taxlaw-2855	250	78	that	that	PRON
taxlaw-2855	250	79	was	be	AUX
taxlaw-2855	250	80	involved	involve	VERB
taxlaw-2855	250	81	in	in	ADP
taxlaw-2855	250	82	an	an	DET
taxlaw-2855	250	83	inversion	inversion	NOUN
taxlaw-2855	250	84	transaction	transaction	NOUN
taxlaw-2855	250	85	will	will	AUX
taxlaw-2855	250	86	be	be	AUX
taxlaw-2855	250	87	treated	treat	VERB
taxlaw-2855	250	88	as	as	ADP
taxlaw-2855	250	89	a	a	DET
taxlaw-2855	250	90	u.s	u.s	PROPN
taxlaw-2855	250	91	.	.	PROPN
taxlaw-2855	250	92	corporation	corporation	NOUN
taxlaw-2855	250	93	(	(	PUNCT
taxlaw-2855	250	94	or	or	CCONJ
taxlaw-2855	250	95	interests	interest	NOUN
taxlaw-2855	250	96	in	in	ADP
taxlaw-2855	250	97	such	such	DET
taxlaw-2855	250	98	a	a	DET
taxlaw-2855	250	99	foreign	foreign	ADJ
taxlaw-2855	250	100	corporation	corporation	NOUN
taxlaw-2855	250	101	will	will	AUX
taxlaw-2855	250	102	be	be	AUX
taxlaw-2855	250	103	treated	treat	VERB
taxlaw-2855	250	104	as	as	ADP
taxlaw-2855	250	105	interests	interest	NOUN
taxlaw-2855	250	106	in	in	ADP
taxlaw-2855	250	107	a	a	DET
taxlaw-2855	250	108	u.s	u.s	PROPN
taxlaw-2855	250	109	.	.	PROPN
taxlaw-2855	250	110	corporation	corporation	NOUN
taxlaw-2855	250	111	)	)	PUNCT
taxlaw-2855	250	112	.	.	PUNCT
taxlaw-2855	251	1	in	in	ADP
taxlaw-2855	251	2	that	that	DET
taxlaw-2855	251	3	scenario	scenario	NOUN
taxlaw-2855	251	4	,	,	PUNCT
taxlaw-2855	251	5	the	the	DET
taxlaw-2855	251	6	irs	irs	PROPN
taxlaw-2855	251	7	would	would	AUX
taxlaw-2855	251	8	have	have	AUX
taxlaw-2855	251	9	overstepped	overstep	VERB
taxlaw-2855	251	10	its	its	PRON
taxlaw-2855	251	11	authority	authority	NOUN
taxlaw-2855	251	12	—	—	PUNCT
taxlaw-2855	251	13	the	the	DET
taxlaw-2855	251	14	net	net	ADJ
taxlaw-2855	251	15	effect	effect	NOUN
taxlaw-2855	251	16	of	of	ADP
taxlaw-2855	251	17	the	the	DET
taxlaw-2855	251	18	regulations	regulation	NOUN
taxlaw-2855	251	19	would	would	AUX
taxlaw-2855	251	20	be	be	AUX
taxlaw-2855	251	21	to	to	PART
taxlaw-2855	251	22	lower	lower	VERB
taxlaw-2855	251	23	the	the	DET
taxlaw-2855	251	24	80	80	NUM
taxlaw-2855	251	25	%	%	NOUN
taxlaw-2855	251	26	threshold	threshold	NOUN
taxlaw-2855	251	27	in	in	ADP
taxlaw-2855	251	28	section	section	NOUN
taxlaw-2855	251	29	7874(b	7874(b	NOUN
taxlaw-2855	251	30	)	)	PUNCT
taxlaw-2855	251	31	to	to	ADP
taxlaw-2855	251	32	60%—a	60%—a	NUM
taxlaw-2855	251	33	result	result	NOUN
taxlaw-2855	251	34	at	at	ADP
taxlaw-2855	251	35	odds	odd	NOUN
taxlaw-2855	251	36	with	with	ADP
taxlaw-2855	251	37	the	the	DET
taxlaw-2855	251	38	clear	clear	ADJ
taxlaw-2855	251	39	statutory	statutory	ADJ
taxlaw-2855	251	40	text	text	NOUN
taxlaw-2855	251	41	of	of	ADP
taxlaw-2855	251	42	section	section	NOUN
taxlaw-2855	251	43	7874	7874	NUM
taxlaw-2855	251	44	.	.	PUNCT
taxlaw-2855	252	1	(	(	PUNCT
taxlaw-2855	252	2	as	as	SCONJ
taxlaw-2855	252	3	discussed	discuss	VERB
taxlaw-2855	252	4	below	below	ADV
taxlaw-2855	252	5	,	,	PUNCT
taxlaw-2855	252	6	regulations	regulation	NOUN
taxlaw-2855	252	7	issued	issue	VERB
taxlaw-2855	252	8	under	under	ADP
taxlaw-2855	252	9	section	section	NOUN
taxlaw-2855	252	10	7874	7874	NUM
taxlaw-2855	252	11	that	that	PRON
taxlaw-2855	252	12	reached	reach	VERB
taxlaw-2855	252	13	the	the	DET
taxlaw-2855	252	14	same	same	ADJ
taxlaw-2855	252	15	result	result	NOUN
taxlaw-2855	252	16	would	would	AUX
taxlaw-2855	252	17	be	be	AUX
taxlaw-2855	252	18	equally	equally	ADV
taxlaw-2855	252	19	invalid	invalid	ADJ
taxlaw-2855	252	20	.	.	PUNCT
taxlaw-2855	252	21	)	)	PUNCT
taxlaw-2855	253	1	even	even	ADV
taxlaw-2855	253	2	if	if	SCONJ
taxlaw-2855	253	3	the	the	DET
taxlaw-2855	253	4	deemed	deem	VERB
taxlaw-2855	253	5	u.s	u.s	PROPN
taxlaw-2855	253	6	.	.	PROPN
taxlaw-2855	253	7	property	property	NOUN
taxlaw-2855	253	8	rule	rule	NOUN
taxlaw-2855	253	9	can	can	AUX
taxlaw-2855	253	10	survive	survive	VERB
taxlaw-2855	253	11	a	a	DET
taxlaw-2855	253	12	challenge	challenge	NOUN
taxlaw-2855	253	13	that	that	PRON
taxlaw-2855	253	14	the	the	DET
taxlaw-2855	253	15	rule	rule	NOUN
taxlaw-2855	253	16	effects	effect	NOUN
taxlaw-2855	253	17	an	an	DET
taxlaw-2855	253	18	unauthorized	unauthorized	ADJ
taxlaw-2855	253	19	sub	sub	NOUN
taxlaw-2855	253	20	rosa	rosa	PROPN
taxlaw-2855	253	21	change	change	NOUN
taxlaw-2855	253	22	to	to	ADP
taxlaw-2855	253	23	section	section	NOUN
taxlaw-2855	253	24	7874	7874	NUM
taxlaw-2855	253	25	,	,	PUNCT
taxlaw-2855	253	26	there	there	PRON
taxlaw-2855	253	27	is	be	VERB
taxlaw-2855	253	28	still	still	ADV
taxlaw-2855	253	29	the	the	DET
taxlaw-2855	253	30	question	question	NOUN
taxlaw-2855	253	31	of	of	ADP
taxlaw-2855	253	32	whether	whether	SCONJ
taxlaw-2855	253	33	the	the	DET
taxlaw-2855	253	34	rule	rule	NOUN
taxlaw-2855	253	35	can	can	AUX
taxlaw-2855	253	36	be	be	AUX
taxlaw-2855	253	37	supported	support	VERB
taxlaw-2855	253	38	by	by	ADP
taxlaw-2855	253	39	a	a	DET
taxlaw-2855	253	40	coherent	coherent	ADJ
taxlaw-2855	253	41	description	description	NOUN
taxlaw-2855	253	42	of	of	ADP
taxlaw-2855	253	43	the	the	DET
taxlaw-2855	253	44	purpose	purpose	NOUN
taxlaw-2855	253	45	of	of	ADP
taxlaw-2855	253	46	section	section	NOUN
taxlaw-2855	253	47	956	956	NUM
taxlaw-2855	253	48	.	.	PUNCT
taxlaw-2855	254	1	in	in	ADP
taxlaw-2855	254	2	order	order	NOUN
taxlaw-2855	254	3	for	for	SCONJ
taxlaw-2855	254	4	the	the	DET
taxlaw-2855	254	5	deemed	deem	VERB
taxlaw-2855	254	6	u.s	u.s	PROPN
taxlaw-2855	254	7	.	.	PROPN
taxlaw-2855	254	8	property	property	NOUN
taxlaw-2855	254	9	rule	rule	NOUN
taxlaw-2855	254	10	to	to	PART
taxlaw-2855	254	11	prevent	prevent	VERB
taxlaw-2855	254	12	avoidance	avoidance	NOUN
taxlaw-2855	254	13	of	of	ADP
taxlaw-2855	254	14	the	the	DET
taxlaw-2855	254	15	“	"	PUNCT
taxlaw-2855	254	16	purpose	purpose	NOUN
taxlaw-2855	254	17	”	"	PUNCT
taxlaw-2855	254	18	of	of	ADP
taxlaw-2855	254	19	section	section	NOUN
taxlaw-2855	254	20	956	956	NUM
taxlaw-2855	254	21	,	,	PUNCT
taxlaw-2855	254	22	we	we	PRON
taxlaw-2855	254	23	must	must	AUX
taxlaw-2855	254	24	be	be	AUX
taxlaw-2855	254	25	able	able	ADJ
taxlaw-2855	254	26	to	to	PART
taxlaw-2855	254	27	articulate	articulate	VERB
taxlaw-2855	254	28	a	a	DET
taxlaw-2855	254	29	purpose	purpose	NOUN
taxlaw-2855	254	30	of	of	ADP
taxlaw-2855	254	31	section	section	NOUN
taxlaw-2855	254	32	956	956	NUM
taxlaw-2855	254	33	that	that	PRON
taxlaw-2855	254	34	would	would	AUX
taxlaw-2855	254	35	be	be	AUX
taxlaw-2855	254	36	circumvented	circumvent	VERB
taxlaw-2855	254	37	only	only	ADV
taxlaw-2855	254	38	in	in	ADP
taxlaw-2855	254	39	the	the	DET
taxlaw-2855	254	40	case	case	NOUN
taxlaw-2855	254	41	when	when	SCONJ
taxlaw-2855	254	42	the	the	DET
taxlaw-2855	254	43	foreign	foreign	ADJ
taxlaw-2855	254	44	-	-	PUNCT
taxlaw-2855	254	45	parented	parent	VERB
taxlaw-2855	254	46	group	group	NOUN
taxlaw-2855	254	47	is	be	AUX
taxlaw-2855	254	48	the	the	DET
taxlaw-2855	254	49	consequence	consequence	NOUN
taxlaw-2855	254	50	of	of	ADP
taxlaw-2855	254	51	an	an	DET
taxlaw-2855	254	52	inversion	inversion	NOUN
taxlaw-2855	254	53	transaction	transaction	NOUN
taxlaw-2855	254	54	,	,	PUNCT
taxlaw-2855	254	55	and	and	CCONJ
taxlaw-2855	254	56	not	not	PART
taxlaw-2855	254	57	an	an	DET
taxlaw-2855	254	58	old	old	ADJ
taxlaw-2855	254	59	-	-	PUNCT
taxlaw-2855	254	60	and	and	CCONJ
taxlaw-2855	254	61	-	-	PUNCT
taxlaw-2855	254	62	cold	cold	ADJ
taxlaw-2855	254	63	foreign	foreign	ADJ
taxlaw-2855	254	64	-	-	PUNCT
taxlaw-2855	254	65	parented	parent	VERB
taxlaw-2855	254	66	group	group	NOUN
taxlaw-2855	254	67	.	.	PUNCT
taxlaw-2855	255	1	maybe	maybe	ADV
taxlaw-2855	255	2	the	the	DET
taxlaw-2855	255	3	avoidance	avoidance	NOUN
taxlaw-2855	255	4	has	have	VERB
taxlaw-2855	255	5	to	to	PART
taxlaw-2855	255	6	do	do	VERB
taxlaw-2855	255	7	with	with	ADP
taxlaw-2855	255	8	the	the	DET
taxlaw-2855	255	9	fact	fact	NOUN
taxlaw-2855	255	10	that	that	SCONJ
taxlaw-2855	255	11	an	an	DET
taxlaw-2855	255	12	inverted	inverted	ADJ
taxlaw-2855	255	13	group	group	NOUN
taxlaw-2855	255	14	is	be	AUX
taxlaw-2855	255	15	still	still	ADV
taxlaw-2855	255	16	“	"	PUNCT
taxlaw-2855	255	17	primarily	primarily	ADV
taxlaw-2855	255	18	composed	compose	VERB
taxlaw-2855	255	19	of	of	ADP
taxlaw-2855	255	20	united	united	PROPN
taxlaw-2855	255	21	states	states	PROPN
taxlaw-2855	255	22	shareholders	shareholder	NOUN
taxlaw-2855	255	23	and	and	CCONJ
taxlaw-2855	255	24	their	their	PRON
taxlaw-2855	255	25	cfcs	cfc	NOUN
taxlaw-2855	255	26	”	"	PUNCT
taxlaw-2855	255	27	,	,	PUNCT
taxlaw-2855	255	28	which	which	PRON
taxlaw-2855	255	29	is	be	AUX
taxlaw-2855	255	30	the	the	DET
taxlaw-2855	255	31	language	language	NOUN
taxlaw-2855	255	32	the	the	DET
taxlaw-2855	255	33	preamble	preamble	NOUN
taxlaw-2855	255	34	uses	use	VERB
taxlaw-2855	255	35	to	to	PART
taxlaw-2855	255	36	explain	explain	VERB
taxlaw-2855	255	37	the	the	DET
taxlaw-2855	255	38	provision	provision	NOUN
taxlaw-2855	255	39	.	.	PUNCT
taxlaw-2855	256	1	but	but	CCONJ
taxlaw-2855	256	2	if	if	SCONJ
taxlaw-2855	256	3	that	that	PRON
taxlaw-2855	256	4	is	be	AUX
taxlaw-2855	256	5	relevant	relevant	ADJ
taxlaw-2855	256	6	to	to	ADP
taxlaw-2855	256	7	the	the	DET
taxlaw-2855	256	8	purpose	purpose	NOUN
taxlaw-2855	256	9	of	of	ADP
taxlaw-2855	256	10	section	section	NOUN
taxlaw-2855	256	11	956	956	NUM
taxlaw-2855	256	12	,	,	PUNCT
taxlaw-2855	256	13	why	why	SCONJ
taxlaw-2855	256	14	is	be	AUX
taxlaw-2855	256	15	a	a	DET
taxlaw-2855	256	16	recently	recently	ADV
taxlaw-2855	256	17	inverted	invert	VERB
taxlaw-2855	256	18	group	group	NOUN
taxlaw-2855	256	19	any	any	ADV
taxlaw-2855	256	20	different	different	ADJ
taxlaw-2855	256	21	than	than	ADP
taxlaw-2855	256	22	an	an	DET
taxlaw-2855	256	23	old	old	ADJ
taxlaw-2855	256	24	-	-	PUNCT
taxlaw-2855	256	25	and	and	CCONJ
taxlaw-2855	256	26	-	-	PUNCT
taxlaw-2855	256	27	cold	cold	ADJ
taxlaw-2855	256	28	foreign	foreign	ADJ
taxlaw-2855	256	29	-	-	PUNCT
taxlaw-2855	256	30	parented	parent	VERB
taxlaw-2855	256	31	group	group	NOUN
taxlaw-2855	256	32	that	that	PRON
taxlaw-2855	256	33	consists	consist	VERB
taxlaw-2855	256	34	primarily	primarily	ADV
taxlaw-2855	256	35	of	of	ADP
taxlaw-2855	256	36	u.s	u.s	PROPN
taxlaw-2855	256	37	.	.	PROPN
taxlaw-2855	256	38	companies	company	NOUN
taxlaw-2855	256	39	and	and	CCONJ
taxlaw-2855	256	40	their	their	PRON
taxlaw-2855	256	41	cfcs	cfc	NOUN
taxlaw-2855	256	42	?	?	PUNCT
taxlaw-2855	257	1	maybe	maybe	ADV
taxlaw-2855	257	2	what	what	PRON
taxlaw-2855	257	3	the	the	DET
taxlaw-2855	257	4	irs	irs	PROPN
taxlaw-2855	257	5	meant	mean	VERB
taxlaw-2855	257	6	in	in	ADP
taxlaw-2855	257	7	the	the	DET
taxlaw-2855	257	8	preamble	preamble	NOUN
taxlaw-2855	257	9	was	be	AUX
taxlaw-2855	257	10	that	that	SCONJ
taxlaw-2855	257	11	it	it	PRON
taxlaw-2855	257	12	is	be	AUX
taxlaw-2855	257	13	relevant	relevant	ADJ
taxlaw-2855	257	14	to	to	ADP
taxlaw-2855	257	15	the	the	DET
taxlaw-2855	257	16	purpose	purpose	NOUN
taxlaw-2855	257	17	of	of	ADP
taxlaw-2855	257	18	section	section	NOUN
taxlaw-2855	257	19	956	956	NUM
taxlaw-2855	257	20	that	that	SCONJ
taxlaw-2855	257	21	in	in	ADP
taxlaw-2855	257	22	an	an	DET
taxlaw-2855	257	23	inversion	inversion	NOUN
taxlaw-2855	257	24	transaction	transaction	NOUN
taxlaw-2855	257	25	the	the	DET
taxlaw-2855	257	26	shareholders	shareholder	NOUN
taxlaw-2855	257	27	of	of	ADP
taxlaw-2855	257	28	the	the	DET
taxlaw-2855	257	29	foreign	foreign	ADJ
taxlaw-2855	257	30	parent	parent	NOUN
taxlaw-2855	257	31	are	be	AUX
taxlaw-2855	257	32	primarily	primarily	ADV
taxlaw-2855	257	33	composed	compose	VERB
taxlaw-2855	257	34	of	of	ADP
taxlaw-2855	257	35	the	the	DET
taxlaw-2855	257	36	old	old	ADJ
taxlaw-2855	257	37	shareholders	shareholder	NOUN
taxlaw-2855	257	38	of	of	ADP
taxlaw-2855	257	39	old	old	ADJ
taxlaw-2855	257	40	u.s	u.s	PROPN
taxlaw-2855	257	41	.	.	PROPN
taxlaw-2855	257	42	parent	parent	NOUN
taxlaw-2855	257	43	.	.	PUNCT
taxlaw-2855	258	1	in	in	ADP
taxlaw-2855	258	2	other	other	ADJ
taxlaw-2855	258	3	words	word	NOUN
taxlaw-2855	258	4	,	,	PUNCT
taxlaw-2855	258	5	the	the	DET
taxlaw-2855	258	6	old	old	ADJ
taxlaw-2855	258	7	shareholders	shareholder	NOUN
taxlaw-2855	258	8	of	of	ADP
taxlaw-2855	258	9	old	old	ADJ
taxlaw-2855	258	10	u.s	u.s	PROPN
taxlaw-2855	258	11	.	.	PROPN
taxlaw-2855	258	12	parent	parent	NOUN
taxlaw-2855	258	13	previously	previously	ADV
taxlaw-2855	258	14	owned	own	VERB
taxlaw-2855	258	15	a	a	DET
taxlaw-2855	258	16	company	company	NOUN
taxlaw-2855	258	17	that	that	PRON
taxlaw-2855	258	18	would	would	AUX
taxlaw-2855	258	19	have	have	AUX
taxlaw-2855	258	20	been	be	AUX
taxlaw-2855	258	21	taxed	tax	VERB
taxlaw-2855	258	22	under	under	ADP
taxlaw-2855	258	23	section	section	NOUN
taxlaw-2855	258	24	956	956	NUM
taxlaw-2855	258	25	if	if	SCONJ
taxlaw-2855	258	26	its	its	PRON
taxlaw-2855	258	27	cfcs	cfc	NOUN
taxlaw-2855	258	28	had	have	AUX
taxlaw-2855	258	29	made	make	VERB
taxlaw-2855	258	30	loans	loan	NOUN
taxlaw-2855	258	31	to	to	ADP
taxlaw-2855	258	32	the	the	DET
taxlaw-2855	258	33	old	old	ADJ
taxlaw-2855	258	34	u.s	u.s	PROPN
taxlaw-2855	258	35	.	.	PROPN
taxlaw-2855	258	36	parent	parent	NOUN
taxlaw-2855	258	37	;	;	PUNCT
taxlaw-2855	258	38	now	now	ADV
taxlaw-2855	258	39	the	the	DET
taxlaw-2855	258	40	shareholders	shareholder	NOUN
taxlaw-2855	258	41	own	own	VERB
taxlaw-2855	258	42	a	a	DET
taxlaw-2855	258	43	company	company	NOUN
taxlaw-2855	258	44	that	that	PRON
taxlaw-2855	258	45	,	,	PUNCT
taxlaw-2855	258	46	absent	absent	ADJ
taxlaw-2855	258	47	the	the	DET
taxlaw-2855	258	48	deemed	deem	VERB
taxlaw-2855	258	49	u.s	u.s	PROPN
taxlaw-2855	258	50	.	.	PROPN
taxlaw-2855	258	51	property	property	NOUN
taxlaw-2855	258	52	rule	rule	NOUN
taxlaw-2855	258	53	,	,	PUNCT
taxlaw-2855	258	54	would	would	AUX
taxlaw-2855	258	55	not	not	PART
taxlaw-2855	258	56	be	be	AUX
taxlaw-2855	258	57	taxed	tax	VERB
taxlaw-2855	258	58	if	if	SCONJ
taxlaw-2855	258	59	those	those	DET
taxlaw-2855	258	60	same	same	ADJ
taxlaw-2855	258	61	lower	low	ADJ
taxlaw-2855	258	62	-	-	PUNCT
taxlaw-2855	258	63	tier	tier	NOUN
taxlaw-2855	258	64	companies	company	NOUN
taxlaw-2855	258	65	made	make	VERB
taxlaw-2855	258	66	loans	loan	NOUN
taxlaw-2855	258	67	to	to	ADP
taxlaw-2855	258	68	the	the	DET
taxlaw-2855	258	69	new	new	ADJ
taxlaw-2855	258	70	foreign	foreign	ADJ
taxlaw-2855	258	71	parent	parent	NOUN
taxlaw-2855	258	72	.	.	PUNCT
taxlaw-2855	259	1	that	that	PRON
taxlaw-2855	259	2	would	would	AUX
taxlaw-2855	259	3	explain	explain	VERB
taxlaw-2855	259	4	the	the	DET
taxlaw-2855	259	5	deemed	deem	VERB
taxlaw-2855	259	6	u.s	u.s	PROPN
taxlaw-2855	259	7	.	.	PROPN
taxlaw-2855	259	8	property	property	NOUN
taxlaw-2855	259	9	rule	rule	NOUN
taxlaw-2855	259	10	only	only	ADV
taxlaw-2855	259	11	applying	apply	VERB
taxlaw-2855	259	12	to	to	ADP
taxlaw-2855	259	13	inverted	inverted	ADJ
taxlaw-2855	259	14	groups	group	NOUN
taxlaw-2855	259	15	,	,	PUNCT
taxlaw-2855	259	16	but	but	CCONJ
taxlaw-2855	259	17	that	that	DET
taxlaw-2855	259	18	articulation	articulation	NOUN
taxlaw-2855	259	19	of	of	ADP
taxlaw-2855	259	20	section	section	NOUN
taxlaw-2855	259	21	956	956	NUM
taxlaw-2855	259	22	’s	’s	PART
taxlaw-2855	259	23	purpose	purpose	NOUN
taxlaw-2855	259	24	is	be	AUX
taxlaw-2855	259	25	unsupportable	unsupportable	ADJ
taxlaw-2855	259	26	—	—	PUNCT
taxlaw-2855	259	27	section	section	NOUN
taxlaw-2855	259	28	956	956	NUM
taxlaw-2855	259	29	was	be	AUX
taxlaw-2855	259	30	conceived	conceive	VERB
taxlaw-2855	259	31	to	to	PART
taxlaw-2855	259	32	police	police	VERB
taxlaw-2855	259	33	the	the	DET
taxlaw-2855	259	34	relationship	relationship	NOUN
taxlaw-2855	259	35	between	between	ADP
taxlaw-2855	259	36	a	a	DET
taxlaw-2855	259	37	cfc	cfc	NOUN
taxlaw-2855	259	38	and	and	CCONJ
taxlaw-2855	259	39	its	its	PRON
taxlaw-2855	259	40	u.s	u.s	PROPN
taxlaw-2855	259	41	.	.	PROPN
taxlaw-2855	259	42	shareholders	shareholder	NOUN
taxlaw-2855	259	43	(	(	PUNCT
taxlaw-2855	259	44	within	within	ADP
taxlaw-2855	259	45	the	the	DET
taxlaw-2855	259	46	meaning	meaning	NOUN
taxlaw-2855	259	47	of	of	ADP
taxlaw-2855	259	48	section	section	NOUN
taxlaw-2855	259	49	951(b	951(b	PROPN
taxlaw-2855	259	50	)	)	PUNCT
taxlaw-2855	259	51	)	)	PUNCT
taxlaw-2855	259	52	.	.	PUNCT
taxlaw-2855	260	1	if	if	SCONJ
taxlaw-2855	260	2	a	a	DET
taxlaw-2855	260	3	cfc	cfc	NOUN
taxlaw-2855	260	4	makes	make	VERB
taxlaw-2855	260	5	a	a	DET
taxlaw-2855	260	6	loan	loan	NOUN
taxlaw-2855	260	7	to	to	ADP
taxlaw-2855	260	8	a	a	DET
taxlaw-2855	260	9	u.s	u.s	PROPN
taxlaw-2855	260	10	.	.	PROPN
taxlaw-2855	260	11	person	person	NOUN
taxlaw-2855	260	12	that	that	PRON
taxlaw-2855	260	13	is	be	AUX
taxlaw-2855	260	14	not	not	PART
taxlaw-2855	260	15	a	a	DET
taxlaw-2855	260	16	u.s	u.s	PROPN
taxlaw-2855	260	17	.	.	PROPN
taxlaw-2855	260	18	shareholder	shareholder	NOUN
taxlaw-2855	260	19	(	(	PUNCT
taxlaw-2855	260	20	within	within	ADP
taxlaw-2855	260	21	the	the	DET
taxlaw-2855	260	22	meaning	meaning	NOUN
taxlaw-2855	260	23	of	of	ADP
taxlaw-2855	260	24	section	section	NOUN
taxlaw-2855	260	25	951(b	951(b	PROPN
taxlaw-2855	260	26	)	)	PUNCT
taxlaw-2855	260	27	)	)	PUNCT
taxlaw-2855	260	28	or	or	CCONJ
taxlaw-2855	260	29	a	a	DET
taxlaw-2855	260	30	person	person	NOUN
taxlaw-2855	260	31	related	relate	VERB
taxlaw-2855	260	32	to	to	ADP
taxlaw-2855	260	33	the	the	DET
taxlaw-2855	260	34	u.s	u.s	PROPN
taxlaw-2855	260	35	.	.	PROPN
taxlaw-2855	260	36	shareholder	shareholder	PROPN
taxlaw-2855	260	37	,	,	PUNCT
taxlaw-2855	260	38	section	section	NOUN
taxlaw-2855	260	39	956	956	NUM
taxlaw-2855	260	40	is	be	AUX
taxlaw-2855	260	41	not	not	PART
taxlaw-2855	260	42	implicated.36	implicated.36	VERB
taxlaw-2855	260	43	the	the	DET
taxlaw-2855	260	44	preamble	preamble	NOUN
taxlaw-2855	260	45	gives	give	VERB
taxlaw-2855	260	46	another	another	DET
taxlaw-2855	260	47	suggestion	suggestion	NOUN
taxlaw-2855	260	48	of	of	ADP
taxlaw-2855	260	49	section	section	NOUN
taxlaw-2855	260	50	956	956	NUM
taxlaw-2855	260	51	’s	’s	PART
taxlaw-2855	260	52	purpose	purpose	NOUN
taxlaw-2855	260	53	:	:	PUNCT
taxlaw-2855	260	54	“	"	PUNCT
taxlaw-2855	260	55	the	the	DET
taxlaw-2855	260	56	ability	ability	NOUN
taxlaw-2855	260	57	of	of	ADP
taxlaw-2855	260	58	the	the	DET
taxlaw-2855	260	59	new	new	ADJ
taxlaw-2855	260	60	foreign	foreign	ADJ
taxlaw-2855	260	61	parent	parent	NOUN
taxlaw-2855	260	62	to	to	PART
taxlaw-2855	260	63	access	access	VERB
taxlaw-2855	260	64	deferred	defer	VERB
taxlaw-2855	260	65	cfc	cfc	NOUN
taxlaw-2855	260	66	earnings	earning	NOUN
taxlaw-2855	260	67	and	and	CCONJ
taxlaw-2855	260	68	profits	profit	NOUN
taxlaw-2855	260	69	would	would	AUX
taxlaw-2855	260	70	in	in	ADP
taxlaw-2855	260	71	many	many	ADJ
taxlaw-2855	260	72	cases	case	NOUN
taxlaw-2855	260	73	eliminate	eliminate	VERB
taxlaw-2855	260	74	the	the	DET
taxlaw-2855	260	75	need	need	NOUN
taxlaw-2855	260	76	for	for	SCONJ
taxlaw-2855	260	77	the	the	DET
taxlaw-2855	260	78	cfcs	cfcs	NOUN
taxlaw-2855	260	79	to	to	PART
taxlaw-2855	260	80	pay	pay	VERB
taxlaw-2855	260	81	dividends	dividend	NOUN
taxlaw-2855	260	82	to	to	ADP
taxlaw-2855	260	83	the	the	DET
taxlaw-2855	260	84	u.s	u.s	PROPN
taxlaw-2855	260	85	.	.	PROPN
taxlaw-2855	260	86	shareholders	shareholder	NOUN
taxlaw-2855	260	87	,	,	PUNCT
taxlaw-2855	260	88	thereby	thereby	ADV
taxlaw-2855	260	89	circumventing	circumvent	VERB
taxlaw-2855	260	90	the	the	DET
taxlaw-2855	260	91	purposes	purpose	NOUN
taxlaw-2855	260	92	of	of	ADP
taxlaw-2855	260	93	section	section	NOUN
taxlaw-2855	260	94	956	956	NUM
taxlaw-2855	260	95	.	.	PUNCT
taxlaw-2855	260	96	”	"	PUNCT
taxlaw-2855	261	1	this	this	PRON
taxlaw-2855	261	2	suggests	suggest	VERB
taxlaw-2855	261	3	that	that	SCONJ
taxlaw-2855	261	4	cash	cash	NOUN
taxlaw-2855	261	5	is	be	AUX
taxlaw-2855	261	6	somehow	somehow	ADV
taxlaw-2855	261	7	finding	find	VERB
taxlaw-2855	261	8	its	its	PRON
taxlaw-2855	261	9	way	way	NOUN
taxlaw-2855	261	10	into	into	ADP
taxlaw-2855	261	11	the	the	DET
taxlaw-2855	261	12	u.s	u.s	PROPN
taxlaw-2855	261	13	.	.	PROPN
taxlaw-2855	261	14	shareholder	shareholder	NOUN
taxlaw-2855	261	15	through	through	ADP
taxlaw-2855	261	16	a	a	DET
taxlaw-2855	261	17	subsequent	subsequent	ADJ
taxlaw-2855	261	18	transaction	transaction	NOUN
taxlaw-2855	261	19	:	:	PUNCT
taxlaw-2855	261	20	the	the	DET
taxlaw-2855	261	21	u.s	u.s	PROPN
taxlaw-2855	261	22	.	.	PROPN
taxlaw-2855	261	23	shareholder	shareholder	PROPN
taxlaw-2855	261	24	35	35	NUM
taxlaw-2855	261	25	see	see	VERB
taxlaw-2855	261	26	chevron	chevron	NOUN
taxlaw-2855	261	27	,	,	PUNCT
taxlaw-2855	261	28	467	467	NUM
taxlaw-2855	261	29	u.s	u.s	PROPN
taxlaw-2855	261	30	.	.	PROPN
taxlaw-2855	262	1	at	at	ADP
taxlaw-2855	262	2	842	842	NUM
taxlaw-2855	262	3	-	-	SYM
taxlaw-2855	262	4	43	43	NUM
taxlaw-2855	262	5	(	(	PUNCT
taxlaw-2855	262	6	“	"	PUNCT
taxlaw-2855	262	7	when	when	SCONJ
taxlaw-2855	262	8	a	a	DET
taxlaw-2855	262	9	court	court	NOUN
taxlaw-2855	262	10	reviews	review	VERB
taxlaw-2855	262	11	an	an	DET
taxlaw-2855	262	12	agency	agency	NOUN
taxlaw-2855	262	13	’s	’s	PART
taxlaw-2855	262	14	construction	construction	NOUN
taxlaw-2855	262	15	of	of	ADP
taxlaw-2855	262	16	the	the	DET
taxlaw-2855	262	17	statute	statute	NOUN
taxlaw-2855	262	18	which	which	PRON
taxlaw-2855	262	19	it	it	PRON
taxlaw-2855	262	20	administers	administer	VERB
taxlaw-2855	262	21	,	,	PUNCT
taxlaw-2855	262	22	it	it	PRON
taxlaw-2855	262	23	is	be	AUX
taxlaw-2855	262	24	confronted	confront	VERB
taxlaw-2855	262	25	with	with	ADP
taxlaw-2855	262	26	two	two	NUM
taxlaw-2855	262	27	questions	question	NOUN
taxlaw-2855	262	28	.	.	PUNCT
taxlaw-2855	263	1	first	first	ADV
taxlaw-2855	263	2	,	,	PUNCT
taxlaw-2855	263	3	always	always	ADV
taxlaw-2855	263	4	,	,	PUNCT
taxlaw-2855	263	5	is	be	AUX
taxlaw-2855	263	6	the	the	DET
taxlaw-2855	263	7	question	question	NOUN
taxlaw-2855	263	8	whether	whether	SCONJ
taxlaw-2855	263	9	congress	congress	PROPN
taxlaw-2855	263	10	has	have	AUX
taxlaw-2855	263	11	directly	directly	ADV
taxlaw-2855	263	12	spoken	speak	VERB
taxlaw-2855	263	13	to	to	ADP
taxlaw-2855	263	14	the	the	DET
taxlaw-2855	263	15	precise	precise	ADJ
taxlaw-2855	263	16	question	question	NOUN
taxlaw-2855	263	17	at	at	ADP
taxlaw-2855	263	18	issue	issue	NOUN
taxlaw-2855	263	19	.	.	PUNCT
taxlaw-2855	264	1	if	if	SCONJ
taxlaw-2855	264	2	the	the	DET
taxlaw-2855	264	3	intent	intent	NOUN
taxlaw-2855	264	4	of	of	ADP
taxlaw-2855	264	5	congress	congress	PROPN
taxlaw-2855	264	6	is	be	AUX
taxlaw-2855	264	7	clear	clear	ADJ
taxlaw-2855	264	8	,	,	PUNCT
taxlaw-2855	264	9	that	that	PRON
taxlaw-2855	264	10	is	be	AUX
taxlaw-2855	264	11	the	the	DET
taxlaw-2855	264	12	end	end	NOUN
taxlaw-2855	264	13	of	of	ADP
taxlaw-2855	264	14	the	the	DET
taxlaw-2855	264	15	matter	matter	NOUN
taxlaw-2855	264	16	;	;	PUNCT
taxlaw-2855	264	17	for	for	ADP
taxlaw-2855	264	18	the	the	DET
taxlaw-2855	264	19	court	court	NOUN
taxlaw-2855	264	20	,	,	PUNCT
taxlaw-2855	264	21	as	as	ADV
taxlaw-2855	264	22	well	well	ADV
taxlaw-2855	264	23	as	as	ADP
taxlaw-2855	264	24	the	the	DET
taxlaw-2855	264	25	agency	agency	NOUN
taxlaw-2855	264	26	,	,	PUNCT
taxlaw-2855	264	27	must	must	AUX
taxlaw-2855	264	28	give	give	VERB
taxlaw-2855	264	29	effect	effect	NOUN
taxlaw-2855	264	30	to	to	ADP
taxlaw-2855	264	31	the	the	DET
taxlaw-2855	264	32	unambiguously	unambiguously	ADV
taxlaw-2855	264	33	expressed	express	VERB
taxlaw-2855	264	34	intent	intent	NOUN
taxlaw-2855	264	35	of	of	ADP
taxlaw-2855	264	36	congress	congress	PROPN
taxlaw-2855	264	37	.	.	PUNCT
taxlaw-2855	264	38	”	"	PUNCT
taxlaw-2855	264	39	)	)	PUNCT
taxlaw-2855	264	40	.	.	PUNCT
taxlaw-2855	265	1	36	36	NUM
taxlaw-2855	265	2	see	see	VERB
taxlaw-2855	265	3	§	§	PROPN
taxlaw-2855	265	4	956(c)(2)(f	956(c)(2)(f	PROPN
taxlaw-2855	265	5	)	)	PUNCT
taxlaw-2855	265	6	,	,	PUNCT
taxlaw-2855	265	7	(	(	PUNCT
taxlaw-2855	265	8	l	l	NOUN
taxlaw-2855	265	9	)	)	PUNCT
taxlaw-2855	265	10	.	.	PUNCT
taxlaw-2855	266	1	2017	2017	NUM
taxlaw-2855	266	2	]	]	PUNCT
taxlaw-2855	266	3	a	a	DET
taxlaw-2855	266	4	framework	framework	NOUN
taxlaw-2855	266	5	for	for	ADP
taxlaw-2855	266	6	testing	test	VERB
taxlaw-2855	266	7	regulatory	regulatory	ADJ
taxlaw-2855	266	8	authority	authority	NOUN
taxlaw-2855	266	9	339	339	NUM
taxlaw-2855	266	10	needs	need	VERB
taxlaw-2855	266	11	cash	cash	NOUN
taxlaw-2855	266	12	,	,	PUNCT
taxlaw-2855	266	13	but	but	CCONJ
taxlaw-2855	266	14	the	the	DET
taxlaw-2855	266	15	inversion	inversion	NOUN
taxlaw-2855	266	16	transaction	transaction	NOUN
taxlaw-2855	266	17	eliminates	eliminate	VERB
taxlaw-2855	266	18	the	the	DET
taxlaw-2855	266	19	“	"	PUNCT
taxlaw-2855	266	20	need	need	NOUN
taxlaw-2855	266	21	”	"	PUNCT
taxlaw-2855	266	22	to	to	PART
taxlaw-2855	266	23	acquire	acquire	VERB
taxlaw-2855	266	24	the	the	DET
taxlaw-2855	266	25	cash	cash	NOUN
taxlaw-2855	266	26	by	by	ADP
taxlaw-2855	266	27	declaring	declare	VERB
taxlaw-2855	266	28	a	a	DET
taxlaw-2855	266	29	dividend	dividend	NOUN
taxlaw-2855	266	30	from	from	ADP
taxlaw-2855	266	31	the	the	DET
taxlaw-2855	266	32	cfc	cfc	NOUN
taxlaw-2855	266	33	.	.	PUNCT
taxlaw-2855	267	1	if	if	SCONJ
taxlaw-2855	267	2	the	the	DET
taxlaw-2855	267	3	abuse	abuse	NOUN
taxlaw-2855	267	4	is	be	AUX
taxlaw-2855	267	5	really	really	ADV
taxlaw-2855	267	6	a	a	DET
taxlaw-2855	267	7	transaction	transaction	NOUN
taxlaw-2855	267	8	that	that	PRON
taxlaw-2855	267	9	occurs	occur	VERB
taxlaw-2855	267	10	after	after	ADP
taxlaw-2855	267	11	the	the	DET
taxlaw-2855	267	12	loan	loan	NOUN
taxlaw-2855	267	13	from	from	ADP
taxlaw-2855	267	14	cfc	cfc	PROPN
taxlaw-2855	267	15	to	to	ADP
taxlaw-2855	267	16	foreign	foreign	ADJ
taxlaw-2855	267	17	parent	parent	NOUN
taxlaw-2855	267	18	,	,	PUNCT
taxlaw-2855	267	19	i.e.	i.e.	X
taxlaw-2855	267	20	,	,	PUNCT
taxlaw-2855	267	21	a	a	DET
taxlaw-2855	267	22	subsequent	subsequent	ADJ
taxlaw-2855	267	23	transaction	transaction	NOUN
taxlaw-2855	267	24	where	where	SCONJ
taxlaw-2855	267	25	the	the	DET
taxlaw-2855	267	26	foreign	foreign	ADJ
taxlaw-2855	267	27	parent	parent	NOUN
taxlaw-2855	267	28	lends	lend	VERB
taxlaw-2855	267	29	or	or	CCONJ
taxlaw-2855	267	30	contributes	contribute	VERB
taxlaw-2855	267	31	the	the	DET
taxlaw-2855	267	32	borrowed	borrow	VERB
taxlaw-2855	267	33	cash	cash	NOUN
taxlaw-2855	267	34	to	to	ADP
taxlaw-2855	267	35	a	a	DET
taxlaw-2855	267	36	u.s	u.s	PROPN
taxlaw-2855	267	37	.	.	PROPN
taxlaw-2855	267	38	shareholder	shareholder	PROPN
taxlaw-2855	267	39	,	,	PUNCT
taxlaw-2855	267	40	we	we	PRON
taxlaw-2855	267	41	agree	agree	VERB
taxlaw-2855	267	42	that	that	SCONJ
taxlaw-2855	267	43	such	such	DET
taxlaw-2855	267	44	a	a	DET
taxlaw-2855	267	45	transaction	transaction	NOUN
taxlaw-2855	267	46	(	(	PUNCT
taxlaw-2855	267	47	or	or	CCONJ
taxlaw-2855	267	48	transactions	transaction	NOUN
taxlaw-2855	267	49	)	)	PUNCT
taxlaw-2855	267	50	could	could	AUX
taxlaw-2855	267	51	be	be	AUX
taxlaw-2855	267	52	abusive	abusive	ADJ
taxlaw-2855	267	53	of	of	ADP
taxlaw-2855	267	54	section	section	NOUN
taxlaw-2855	267	55	956	956	NUM
taxlaw-2855	267	56	.	.	PUNCT
taxlaw-2855	268	1	but	but	CCONJ
taxlaw-2855	268	2	that	that	PRON
taxlaw-2855	268	3	is	be	AUX
taxlaw-2855	268	4	not	not	PART
taxlaw-2855	268	5	what	what	PRON
taxlaw-2855	268	6	is	be	AUX
taxlaw-2855	268	7	happening	happen	VERB
taxlaw-2855	268	8	in	in	ADP
taxlaw-2855	268	9	the	the	DET
taxlaw-2855	268	10	deemed	deem	VERB
taxlaw-2855	268	11	u.s	u.s	PROPN
taxlaw-2855	268	12	.	.	PROPN
taxlaw-2855	268	13	property	property	NOUN
taxlaw-2855	268	14	rule	rule	NOUN
taxlaw-2855	268	15	,	,	PUNCT
taxlaw-2855	268	16	which	which	PRON
taxlaw-2855	268	17	does	do	AUX
taxlaw-2855	268	18	not	not	PART
taxlaw-2855	268	19	require	require	VERB
taxlaw-2855	268	20	that	that	SCONJ
taxlaw-2855	268	21	cash	cash	NOUN
taxlaw-2855	268	22	ever	ever	ADV
taxlaw-2855	268	23	find	find	VERB
taxlaw-2855	268	24	its	its	PRON
taxlaw-2855	268	25	way	way	NOUN
taxlaw-2855	268	26	to	to	ADP
taxlaw-2855	268	27	the	the	DET
taxlaw-2855	268	28	u.s	u.s	PROPN
taxlaw-2855	268	29	.	.	PROPN
taxlaw-2855	268	30	shareholder	shareholder	NOUN
taxlaw-2855	268	31	.	.	PUNCT
taxlaw-2855	269	1	if	if	SCONJ
taxlaw-2855	269	2	the	the	DET
taxlaw-2855	269	3	cash	cash	NOUN
taxlaw-2855	269	4	stays	stay	VERB
taxlaw-2855	269	5	at	at	ADP
taxlaw-2855	269	6	the	the	DET
taxlaw-2855	269	7	foreign	foreign	ADJ
taxlaw-2855	269	8	parent	parent	NOUN
taxlaw-2855	269	9	,	,	PUNCT
taxlaw-2855	269	10	how	how	SCONJ
taxlaw-2855	269	11	is	be	AUX
taxlaw-2855	269	12	that	that	ADV
taxlaw-2855	269	13	different	different	ADJ
taxlaw-2855	269	14	than	than	SCONJ
taxlaw-2855	269	15	if	if	SCONJ
taxlaw-2855	269	16	a	a	DET
taxlaw-2855	269	17	cfc	cfc	NOUN
taxlaw-2855	269	18	owned	own	VERB
taxlaw-2855	269	19	by	by	ADP
taxlaw-2855	269	20	a	a	DET
taxlaw-2855	269	21	publicly	publicly	ADV
taxlaw-2855	269	22	-	-	PUNCT
taxlaw-2855	269	23	traded	trade	VERB
taxlaw-2855	269	24	u.s	u.s	PROPN
taxlaw-2855	269	25	.	.	PROPN
taxlaw-2855	269	26	corporation	corporation	NOUN
taxlaw-2855	269	27	lent	lend	VERB
taxlaw-2855	269	28	money	money	NOUN
taxlaw-2855	269	29	to	to	ADP
taxlaw-2855	269	30	the	the	DET
taxlaw-2855	269	31	public	public	ADJ
taxlaw-2855	269	32	shareholders	shareholder	NOUN
taxlaw-2855	269	33	?	?	PUNCT
taxlaw-2855	270	1	if	if	SCONJ
taxlaw-2855	270	2	that	that	PRON
taxlaw-2855	270	3	is	be	AUX
taxlaw-2855	270	4	the	the	DET
taxlaw-2855	270	5	abuse	abuse	NOUN
taxlaw-2855	270	6	that	that	SCONJ
taxlaw-2855	270	7	the	the	DET
taxlaw-2855	270	8	deemed	deem	VERB
taxlaw-2855	270	9	u.s	u.s	PROPN
taxlaw-2855	270	10	.	.	PROPN
taxlaw-2855	270	11	property	property	NOUN
taxlaw-2855	270	12	rule	rule	NOUN
taxlaw-2855	270	13	is	be	AUX
taxlaw-2855	270	14	targeting	target	VERB
taxlaw-2855	270	15	,	,	PUNCT
taxlaw-2855	270	16	it	it	PRON
taxlaw-2855	270	17	is	be	AUX
taxlaw-2855	270	18	hard	hard	ADJ
taxlaw-2855	270	19	to	to	PART
taxlaw-2855	270	20	understand	understand	VERB
taxlaw-2855	270	21	why	why	SCONJ
taxlaw-2855	270	22	this	this	PRON
taxlaw-2855	270	23	is	be	AUX
taxlaw-2855	270	24	only	only	ADV
taxlaw-2855	270	25	a	a	DET
taxlaw-2855	270	26	circumvention	circumvention	NOUN
taxlaw-2855	270	27	of	of	ADP
taxlaw-2855	270	28	section	section	NOUN
taxlaw-2855	270	29	956	956	NUM
taxlaw-2855	270	30	in	in	ADP
taxlaw-2855	270	31	the	the	DET
taxlaw-2855	270	32	context	context	NOUN
taxlaw-2855	270	33	of	of	ADP
taxlaw-2855	270	34	inverted	inverted	ADJ
taxlaw-2855	270	35	groups	group	NOUN
taxlaw-2855	270	36	.	.	PUNCT
taxlaw-2855	271	1	such	such	ADJ
taxlaw-2855	271	2	transactions	transaction	NOUN
taxlaw-2855	271	3	are	be	AUX
taxlaw-2855	271	4	equally	equally	ADV
taxlaw-2855	271	5	“	"	PUNCT
taxlaw-2855	271	6	abusive	abusive	ADJ
taxlaw-2855	271	7	”	"	PUNCT
taxlaw-2855	271	8	of	of	ADP
taxlaw-2855	271	9	the	the	DET
taxlaw-2855	271	10	purposes	purpose	NOUN
taxlaw-2855	271	11	of	of	ADP
taxlaw-2855	271	12	section	section	NOUN
taxlaw-2855	271	13	956	956	NUM
taxlaw-2855	271	14	in	in	ADP
taxlaw-2855	271	15	an	an	DET
taxlaw-2855	271	16	old	old	ADJ
taxlaw-2855	271	17	-	-	PUNCT
taxlaw-2855	271	18	and	and	CCONJ
taxlaw-2855	271	19	-	-	PUNCT
taxlaw-2855	271	20	cold	cold	ADJ
taxlaw-2855	271	21	foreign	foreign	ADJ
taxlaw-2855	271	22	parented	parent	VERB
taxlaw-2855	271	23	group.37	group.37	PROPN
taxlaw-2855	271	24	the	the	DET
taxlaw-2855	271	25	deemed	deem	VERB
taxlaw-2855	271	26	u.s	u.s	PROPN
taxlaw-2855	271	27	.	.	PROPN
taxlaw-2855	271	28	property	property	NOUN
taxlaw-2855	271	29	rule	rule	NOUN
taxlaw-2855	271	30	is	be	AUX
taxlaw-2855	271	31	a	a	DET
taxlaw-2855	271	32	rule	rule	NOUN
taxlaw-2855	271	33	about	about	ADP
taxlaw-2855	271	34	inversions	inversion	NOUN
taxlaw-2855	271	35	.	.	PUNCT
taxlaw-2855	272	1	while	while	SCONJ
taxlaw-2855	272	2	that	that	PRON
taxlaw-2855	272	3	does	do	AUX
taxlaw-2855	272	4	not	not	PART
taxlaw-2855	272	5	necessarily	necessarily	ADV
taxlaw-2855	272	6	mean	mean	VERB
taxlaw-2855	272	7	it	it	PRON
taxlaw-2855	272	8	can	can	AUX
taxlaw-2855	272	9	not	not	PART
taxlaw-2855	272	10	be	be	AUX
taxlaw-2855	272	11	authorized	authorize	VERB
taxlaw-2855	272	12	under	under	ADP
taxlaw-2855	272	13	section	section	NOUN
taxlaw-2855	272	14	956	956	NUM
taxlaw-2855	272	15	(	(	PUNCT
taxlaw-2855	272	16	although	although	SCONJ
taxlaw-2855	272	17	there	there	PRON
taxlaw-2855	272	18	are	be	VERB
taxlaw-2855	272	19	strong	strong	ADJ
taxlaw-2855	272	20	arguments	argument	NOUN
taxlaw-2855	272	21	that	that	SCONJ
taxlaw-2855	272	22	it	it	PRON
taxlaw-2855	272	23	can	can	AUX
taxlaw-2855	272	24	not	not	PART
taxlaw-2855	272	25	)	)	PUNCT
taxlaw-2855	272	26	,	,	PUNCT
taxlaw-2855	272	27	we	we	PRON
taxlaw-2855	272	28	are	be	AUX
taxlaw-2855	272	29	not	not	PART
taxlaw-2855	272	30	convinced	convince	VERB
taxlaw-2855	272	31	there	there	PRON
taxlaw-2855	272	32	is	be	VERB
taxlaw-2855	272	33	a	a	DET
taxlaw-2855	272	34	reasonable	reasonable	ADJ
taxlaw-2855	272	35	articulation	articulation	NOUN
taxlaw-2855	272	36	of	of	ADP
taxlaw-2855	272	37	the	the	DET
taxlaw-2855	272	38	purpose	purpose	NOUN
taxlaw-2855	272	39	of	of	ADP
taxlaw-2855	272	40	section	section	NOUN
taxlaw-2855	272	41	956	956	NUM
taxlaw-2855	272	42	that	that	PRON
taxlaw-2855	272	43	can	can	AUX
taxlaw-2855	272	44	support	support	VERB
taxlaw-2855	272	45	the	the	DET
taxlaw-2855	272	46	deemed	deem	VERB
taxlaw-2855	272	47	u.s	u.s	PROPN
taxlaw-2855	272	48	.	.	PROPN
taxlaw-2855	272	49	property	property	NOUN
taxlaw-2855	272	50	rule	rule	NOUN
taxlaw-2855	272	51	and	and	CCONJ
taxlaw-2855	272	52	its	its	PRON
taxlaw-2855	272	53	application	application	NOUN
taxlaw-2855	272	54	only	only	ADV
taxlaw-2855	272	55	to	to	ADP
taxlaw-2855	272	56	inverted	inverted	ADJ
taxlaw-2855	272	57	groups	group	NOUN
taxlaw-2855	272	58	.	.	PUNCT
taxlaw-2855	273	1	if	if	SCONJ
taxlaw-2855	273	2	the	the	DET
taxlaw-2855	273	3	rule	rule	NOUN
taxlaw-2855	273	4	is	be	AUX
taxlaw-2855	273	5	not	not	PART
taxlaw-2855	273	6	in	in	ADP
taxlaw-2855	273	7	support	support	NOUN
taxlaw-2855	273	8	of	of	ADP
taxlaw-2855	273	9	the	the	DET
taxlaw-2855	273	10	purposes	purpose	NOUN
taxlaw-2855	273	11	of	of	ADP
taxlaw-2855	273	12	section	section	NOUN
taxlaw-2855	273	13	956	956	NUM
taxlaw-2855	273	14	and/or	and/or	CCONJ
taxlaw-2855	273	15	does	do	AUX
taxlaw-2855	273	16	not	not	PART
taxlaw-2855	273	17	prevent	prevent	VERB
taxlaw-2855	273	18	the	the	DET
taxlaw-2855	273	19	abuse	abuse	NOUN
taxlaw-2855	273	20	of	of	ADP
taxlaw-2855	273	21	section	section	NOUN
taxlaw-2855	273	22	956	956	NUM
taxlaw-2855	273	23	,	,	PUNCT
taxlaw-2855	273	24	the	the	DET
taxlaw-2855	273	25	rule	rule	NOUN
taxlaw-2855	273	26	is	be	AUX
taxlaw-2855	273	27	not	not	PART
taxlaw-2855	273	28	authorized	authorize	VERB
taxlaw-2855	273	29	under	under	ADP
taxlaw-2855	273	30	section	section	NOUN
taxlaw-2855	273	31	956(e	956(e	PROPN
taxlaw-2855	273	32	)	)	PUNCT
taxlaw-2855	273	33	.	.	PUNCT
taxlaw-2855	274	1	b.	b.	PROPN
taxlaw-2855	274	2	provision	provision	NOUN
taxlaw-2855	274	3	#	#	SYM
taxlaw-2855	274	4	2	2	NUM
taxlaw-2855	274	5	:	:	PUNCT
taxlaw-2855	274	6	treasury	treasury	NOUN
taxlaw-2855	274	7	regulation	regulation	NOUN
taxlaw-2855	274	8	section	section	NOUN
taxlaw-2855	274	9	1.7874	1.7874	NUM
taxlaw-2855	274	10	-	-	SYM
taxlaw-2855	274	11	8	8	NUM
taxlaw-2855	274	12	t	t	NOUN
taxlaw-2855	274	13	(	(	PUNCT
taxlaw-2855	274	14	the	the	DET
taxlaw-2855	274	15	“	"	PUNCT
taxlaw-2855	274	16	serial	serial	ADJ
taxlaw-2855	274	17	acquisition	acquisition	NOUN
taxlaw-2855	274	18	rule	rule	NOUN
taxlaw-2855	274	19	”	"	PUNCT
taxlaw-2855	274	20	)	)	PUNCT
taxlaw-2855	274	21	the	the	DET
taxlaw-2855	274	22	serial	serial	ADJ
taxlaw-2855	274	23	acquisition	acquisition	NOUN
taxlaw-2855	274	24	rule	rule	NOUN
taxlaw-2855	274	25	in	in	ADP
taxlaw-2855	274	26	treasury	treasury	PROPN
taxlaw-2855	274	27	regulations	regulation	NOUN
taxlaw-2855	274	28	section	section	NOUN
taxlaw-2855	274	29	1.7874	1.7874	NUM
taxlaw-2855	274	30	-	-	SYM
taxlaw-2855	274	31	8	8	NUM
taxlaw-2855	274	32	t	t	NOUN
taxlaw-2855	274	33	provides	provide	VERB
taxlaw-2855	274	34	that	that	SCONJ
taxlaw-2855	274	35	,	,	PUNCT
taxlaw-2855	274	36	for	for	ADP
taxlaw-2855	274	37	purposes	purpose	NOUN
taxlaw-2855	274	38	of	of	ADP
taxlaw-2855	274	39	calculating	calculate	VERB
taxlaw-2855	274	40	the	the	DET
taxlaw-2855	274	41	ownership	ownership	NOUN
taxlaw-2855	274	42	percentage	percentage	NOUN
taxlaw-2855	274	43	(	(	PUNCT
taxlaw-2855	274	44	i.e.	i.e.	X
taxlaw-2855	274	45	,	,	PUNCT
taxlaw-2855	274	46	total	total	ADJ
taxlaw-2855	274	47	vote	vote	NOUN
taxlaw-2855	274	48	/	/	SYM
taxlaw-2855	274	49	value	value	NOUN
taxlaw-2855	274	50	of	of	ADP
taxlaw-2855	274	51	foreign	foreign	ADJ
taxlaw-2855	274	52	corporation	corporation	NOUN
taxlaw-2855	274	53	stock	stock	NOUN
taxlaw-2855	274	54	held	hold	VERB
taxlaw-2855	274	55	by	by	ADP
taxlaw-2855	274	56	former	former	ADJ
taxlaw-2855	274	57	shareholders	shareholder	NOUN
taxlaw-2855	274	58	/	/	SYM
taxlaw-2855	274	59	partners	partner	NOUN
taxlaw-2855	274	60	of	of	ADP
taxlaw-2855	274	61	the	the	DET
taxlaw-2855	274	62	domestic	domestic	ADJ
taxlaw-2855	274	63	corporation	corporation	NOUN
taxlaw-2855	274	64	/	/	SYM
taxlaw-2855	274	65	partnership	partnership	NOUN
taxlaw-2855	274	66	divided	divide	VERB
taxlaw-2855	274	67	by	by	ADP
taxlaw-2855	274	68	total	total	ADJ
taxlaw-2855	274	69	vote	vote	NOUN
taxlaw-2855	274	70	/	/	SYM
taxlaw-2855	274	71	vale	vale	NOUN
taxlaw-2855	274	72	of	of	ADP
taxlaw-2855	274	73	foreign	foreign	ADJ
taxlaw-2855	274	74	corporation	corporation	NOUN
taxlaw-2855	274	75	stock	stock	NOUN
taxlaw-2855	274	76	)	)	PUNCT
taxlaw-2855	274	77	,	,	PUNCT
taxlaw-2855	274	78	the	the	DET
taxlaw-2855	274	79	value	value	NOUN
taxlaw-2855	274	80	of	of	ADP
taxlaw-2855	274	81	stock	stock	NOUN
taxlaw-2855	274	82	attributable	attributable	ADJ
taxlaw-2855	274	83	to	to	ADP
taxlaw-2855	274	84	a	a	DET
taxlaw-2855	274	85	“	"	PUNCT
taxlaw-2855	274	86	prior	prior	ADJ
taxlaw-2855	274	87	domestic	domestic	ADJ
taxlaw-2855	274	88	entity	entity	NOUN
taxlaw-2855	274	89	acquisition	acquisition	NOUN
taxlaw-2855	274	90	”	"	PUNCT
taxlaw-2855	274	91	is	be	AUX
taxlaw-2855	274	92	excluded	exclude	VERB
taxlaw-2855	274	93	from	from	ADP
taxlaw-2855	274	94	the	the	DET
taxlaw-2855	274	95	denominator	denominator	NOUN
taxlaw-2855	274	96	.	.	PUNCT
taxlaw-2855	275	1	a	a	DET
taxlaw-2855	275	2	“	"	PUNCT
taxlaw-2855	275	3	prior	prior	ADJ
taxlaw-2855	275	4	domestic	domestic	ADJ
taxlaw-2855	275	5	entity	entity	NOUN
taxlaw-2855	275	6	acquisition	acquisition	NOUN
taxlaw-2855	275	7	”	"	PUNCT
taxlaw-2855	275	8	is	be	AUX
taxlaw-2855	275	9	any	any	DET
taxlaw-2855	275	10	domestic	domestic	ADJ
taxlaw-2855	275	11	acquisition	acquisition	NOUN
taxlaw-2855	275	12	that	that	PRON
taxlaw-2855	275	13	occurred	occur	VERB
taxlaw-2855	275	14	during	during	ADP
taxlaw-2855	275	15	the	the	DET
taxlaw-2855	275	16	36	36	NUM
taxlaw-2855	275	17	-	-	PUNCT
taxlaw-2855	275	18	month	month	NOUN
taxlaw-2855	275	19	look	look	NOUN
taxlaw-2855	275	20	back	back	ADV
taxlaw-2855	275	21	period	period	NOUN
taxlaw-2855	275	22	beginning	begin	VERB
taxlaw-2855	275	23	on	on	ADP
taxlaw-2855	275	24	the	the	DET
taxlaw-2855	275	25	signing	signing	NOUN
taxlaw-2855	275	26	date	date	NOUN
taxlaw-2855	275	27	of	of	ADP
taxlaw-2855	275	28	the	the	DET
taxlaw-2855	275	29	current	current	ADJ
taxlaw-2855	275	30	acquisition	acquisition	NOUN
taxlaw-2855	275	31	being	be	AUX
taxlaw-2855	275	32	tested	test	VERB
taxlaw-2855	275	33	.	.	PUNCT
taxlaw-2855	276	1	1	1	X
taxlaw-2855	276	2	.	.	X
taxlaw-2855	276	3	irs	irs	PROPN
taxlaw-2855	276	4	claimed	claim	VERB
taxlaw-2855	276	5	authority	authority	NOUN
taxlaw-2855	276	6	the	the	DET
taxlaw-2855	276	7	irs	irs	PROPN
taxlaw-2855	276	8	cites	cite	VERB
taxlaw-2855	276	9	sections	section	NOUN
taxlaw-2855	276	10	7874(c)(6	7874(c)(6	NUM
taxlaw-2855	276	11	)	)	PUNCT
taxlaw-2855	276	12	and	and	CCONJ
taxlaw-2855	276	13	(	(	PUNCT
taxlaw-2855	276	14	g	g	NOUN
taxlaw-2855	276	15	)	)	PUNCT
taxlaw-2855	276	16	as	as	ADP
taxlaw-2855	276	17	its	its	PRON
taxlaw-2855	276	18	authority	authority	NOUN
taxlaw-2855	276	19	to	to	PART
taxlaw-2855	276	20	adopt	adopt	VERB
taxlaw-2855	276	21	the	the	DET
taxlaw-2855	276	22	serial	serial	ADJ
taxlaw-2855	276	23	acquisition	acquisition	NOUN
taxlaw-2855	276	24	regulation	regulation	NOUN
taxlaw-2855	276	25	.	.	PUNCT
taxlaw-2855	277	1	the	the	DET
taxlaw-2855	277	2	relevant	relevant	ADJ
taxlaw-2855	277	3	section	section	NOUN
taxlaw-2855	277	4	of	of	ADP
taxlaw-2855	277	5	the	the	DET
taxlaw-2855	277	6	preamble	preamble	NOUN
taxlaw-2855	277	7	declares	declare	VERB
taxlaw-2855	277	8	serial	serial	ADJ
taxlaw-2855	277	9	inversion	inversion	NOUN
taxlaw-2855	277	10	transactions	transaction	NOUN
taxlaw-2855	277	11	as	as	ADP
taxlaw-2855	277	12	inconsistent	inconsistent	ADJ
taxlaw-2855	277	13	with	with	ADP
taxlaw-2855	277	14	the	the	DET
taxlaw-2855	277	15	purposes	purpose	NOUN
taxlaw-2855	277	16	of	of	ADP
taxlaw-2855	277	17	section	section	NOUN
taxlaw-2855	277	18	7874	7874	NUM
taxlaw-2855	277	19	and	and	CCONJ
taxlaw-2855	277	20	analogizes	analogize	VERB
taxlaw-2855	277	21	the	the	DET
taxlaw-2855	277	22	serial	serial	ADJ
taxlaw-2855	277	23	acquisition	acquisition	NOUN
taxlaw-2855	277	24	regulation	regulation	NOUN
taxlaw-2855	277	25	to	to	ADP
taxlaw-2855	277	26	the	the	DET
taxlaw-2855	277	27	stock	stock	NOUN
taxlaw-2855	277	28	exclusion	exclusion	NOUN
taxlaw-2855	277	29	rules	rule	NOUN
taxlaw-2855	277	30	of	of	ADP
taxlaw-2855	277	31	treasury	treasury	PROPN
taxlaw-2855	277	32	regulations	regulation	NOUN
taxlaw-2855	277	33	sections	section	NOUN
taxlaw-2855	277	34	1.7874	1.7874	NUM
taxlaw-2855	277	35	-	-	SYM
taxlaw-2855	277	36	4	4	NUM
taxlaw-2855	277	37	t	t	NOUN
taxlaw-2855	277	38	and	and	CCONJ
taxlaw-2855	277	39	7	7	NUM
taxlaw-2855	277	40	t.	t.	NOUN
taxlaw-2855	277	41	38	38	NUM
taxlaw-2855	277	42	treasury	treasury	NOUN
taxlaw-2855	277	43	regulations	regulation	NOUN
taxlaw-2855	277	44	section	section	NOUN
taxlaw-2855	277	45	1.7874	1.7874	NUM
taxlaw-2855	277	46	-	-	SYM
taxlaw-2855	277	47	4	4	NUM
taxlaw-2855	277	48	t	t	NOUN
taxlaw-2855	277	49	excludes	exclude	VERB
taxlaw-2855	277	50	certain	certain	ADJ
taxlaw-2855	277	51	stock	stock	NOUN
taxlaw-2855	277	52	of	of	ADP
taxlaw-2855	277	53	a	a	DET
taxlaw-2855	277	54	foreign	foreign	ADJ
taxlaw-2855	277	55	37	37	NUM
taxlaw-2855	277	56	in	in	ADP
taxlaw-2855	277	57	addition	addition	NOUN
taxlaw-2855	277	58	,	,	PUNCT
taxlaw-2855	277	59	such	such	ADJ
taxlaw-2855	277	60	transactions	transaction	NOUN
taxlaw-2855	277	61	could	could	AUX
taxlaw-2855	277	62	be	be	AUX
taxlaw-2855	277	63	attached	attach	VERB
taxlaw-2855	277	64	under	under	ADP
taxlaw-2855	277	65	the	the	DET
taxlaw-2855	277	66	circular	circular	ADJ
taxlaw-2855	277	67	cash	cash	NOUN
taxlaw-2855	277	68	flow	flow	NOUN
taxlaw-2855	277	69	doctrine	doctrine	NOUN
taxlaw-2855	277	70	or	or	CCONJ
taxlaw-2855	277	71	the	the	DET
taxlaw-2855	277	72	anticonduit	anticonduit	NOUN
taxlaw-2855	277	73	theory	theory	NOUN
taxlaw-2855	277	74	.	.	PUNCT
taxlaw-2855	278	1	see	see	VERB
taxlaw-2855	278	2	rev	rev	PROPN
taxlaw-2855	278	3	.	.	PROPN
taxlaw-2855	278	4	rul	rul	PROPN
taxlaw-2855	278	5	.	.	PUNCT
taxlaw-2855	279	1	83	83	NUM
taxlaw-2855	279	2	-	-	SYM
taxlaw-2855	279	3	142	142	NUM
taxlaw-2855	279	4	(	(	PUNCT
taxlaw-2855	279	5	ruling	rule	VERB
taxlaw-2855	279	6	that	that	SCONJ
taxlaw-2855	279	7	where	where	SCONJ
taxlaw-2855	279	8	a	a	DET
taxlaw-2855	279	9	domestic	domestic	ADJ
taxlaw-2855	279	10	corporation	corporation	NOUN
taxlaw-2855	279	11	contributes	contribute	VERB
taxlaw-2855	279	12	a	a	DET
taxlaw-2855	279	13	sum	sum	NOUN
taxlaw-2855	279	14	of	of	ADP
taxlaw-2855	279	15	money	money	NOUN
taxlaw-2855	279	16	to	to	ADP
taxlaw-2855	279	17	a	a	DET
taxlaw-2855	279	18	subsidiary	subsidiary	NOUN
taxlaw-2855	279	19	and	and	CCONJ
taxlaw-2855	279	20	then	then	ADV
taxlaw-2855	279	21	immediately	immediately	ADV
taxlaw-2855	279	22	receives	receive	VERB
taxlaw-2855	279	23	that	that	DET
taxlaw-2855	279	24	same	same	ADJ
taxlaw-2855	279	25	sum	sum	NOUN
taxlaw-2855	279	26	as	as	ADP
taxlaw-2855	279	27	a	a	DET
taxlaw-2855	279	28	dividend	dividend	NOUN
taxlaw-2855	279	29	,	,	PUNCT
taxlaw-2855	279	30	the	the	DET
taxlaw-2855	279	31	contribution	contribution	NOUN
taxlaw-2855	279	32	is	be	AUX
taxlaw-2855	279	33	a	a	DET
taxlaw-2855	279	34	“	"	PUNCT
taxlaw-2855	279	35	circular	circular	ADJ
taxlaw-2855	279	36	flow	flow	NOUN
taxlaw-2855	279	37	of	of	ADP
taxlaw-2855	279	38	cash	cash	NOUN
taxlaw-2855	279	39	,	,	PUNCT
taxlaw-2855	279	40	”	"	PUNCT
taxlaw-2855	279	41	which	which	PRON
taxlaw-2855	279	42	“	"	PUNCT
taxlaw-2855	279	43	is	be	AUX
taxlaw-2855	279	44	a	a	DET
taxlaw-2855	279	45	transitory	transitory	ADJ
taxlaw-2855	279	46	step	step	NOUN
taxlaw-2855	279	47	that	that	PRON
taxlaw-2855	279	48	has	have	VERB
taxlaw-2855	279	49	no	no	DET
taxlaw-2855	279	50	federal	federal	ADJ
taxlaw-2855	279	51	income	income	NOUN
taxlaw-2855	279	52	tax	tax	NOUN
taxlaw-2855	279	53	consequences	consequence	NOUN
taxlaw-2855	279	54	”	"	PUNCT
taxlaw-2855	279	55	)	)	PUNCT
taxlaw-2855	279	56	;	;	PUNCT
taxlaw-2855	279	57	26	26	NUM
taxlaw-2855	279	58	cfr	cfr	NOUN
taxlaw-2855	279	59	§	§	PROPN
taxlaw-2855	279	60	1.8813(a)(3)(ii	1.8813(a)(3)(ii	NUM
taxlaw-2855	279	61	)	)	PUNCT
taxlaw-2855	279	62	(	(	PUNCT
taxlaw-2855	279	63	permitting	permit	VERB
taxlaw-2855	279	64	the	the	DET
taxlaw-2855	279	65	irs	irs	PROPN
taxlaw-2855	279	66	to	to	PART
taxlaw-2855	279	67	disregard	disregard	VERB
taxlaw-2855	279	68	an	an	DET
taxlaw-2855	279	69	intermediate	intermediate	ADJ
taxlaw-2855	279	70	entity	entity	NOUN
taxlaw-2855	279	71	in	in	ADP
taxlaw-2855	279	72	a	a	DET
taxlaw-2855	279	73	financing	financing	NOUN
taxlaw-2855	279	74	arrangement	arrangement	NOUN
taxlaw-2855	279	75	for	for	ADP
taxlaw-2855	279	76	the	the	DET
taxlaw-2855	279	77	purpose	purpose	NOUN
taxlaw-2855	279	78	of	of	ADP
taxlaw-2855	279	79	determining	determine	VERB
taxlaw-2855	279	80	the	the	DET
taxlaw-2855	279	81	non	non	ADJ
taxlaw-2855	279	82	-	-	ADJ
taxlaw-2855	279	83	effectively	effectively	ADV
taxlaw-2855	279	84	connected	connected	ADJ
taxlaw-2855	279	85	income	income	NOUN
taxlaw-2855	279	86	of	of	ADP
taxlaw-2855	279	87	a	a	DET
taxlaw-2855	279	88	foreign	foreign	ADJ
taxlaw-2855	279	89	corporation	corporation	NOUN
taxlaw-2855	279	90	)	)	PUNCT
taxlaw-2855	279	91	.	.	PUNCT
taxlaw-2855	280	1	38	38	NUM
taxlaw-2855	280	2	see	see	VERB
taxlaw-2855	280	3	t.d	t.d	PROPN
taxlaw-2855	280	4	.	.	PROPN
taxlaw-2855	280	5	9761	9761	NUM
taxlaw-2855	280	6	,	,	PUNCT
taxlaw-2855	280	7	2016	2016	NUM
taxlaw-2855	280	8	-	-	SYM
taxlaw-2855	280	9	20	20	NUM
taxlaw-2855	280	10	i.r.b	i.r.b	NOUN
taxlaw-2855	280	11	.	.	PUNCT
taxlaw-2855	281	1	743	743	NUM
taxlaw-2855	281	2	,	,	PUNCT
taxlaw-2855	281	3	81	81	NUM
taxlaw-2855	281	4	fr	fr	NUM
taxlaw-2855	281	5	20865	20865	NUM
taxlaw-2855	281	6	(	(	PUNCT
taxlaw-2855	281	7	“	"	PUNCT
taxlaw-2855	281	8	the	the	DET
taxlaw-2855	281	9	treasury	treasury	PROPN
taxlaw-2855	281	10	department	department	PROPN
taxlaw-2855	281	11	and	and	CCONJ
taxlaw-2855	281	12	the	the	DET
taxlaw-2855	281	13	irs	irs	PROPN
taxlaw-2855	281	14	have	have	AUX
taxlaw-2855	281	15	concluded	conclude	VERB
taxlaw-2855	281	16	that	that	SCONJ
taxlaw-2855	281	17	it	it	PRON
taxlaw-2855	281	18	is	be	AUX
taxlaw-2855	281	19	not	not	PART
taxlaw-2855	281	20	consistent	consistent	ADJ
taxlaw-2855	281	21	with	with	ADP
taxlaw-2855	281	22	the	the	DET
taxlaw-2855	281	23	purposes	purpose	NOUN
taxlaw-2855	281	24	of	of	ADP
taxlaw-2855	281	25	section	section	NOUN
taxlaw-2855	281	26	7874	7874	NUM
taxlaw-2855	281	27	to	to	PART
taxlaw-2855	281	28	permit	permit	VERB
taxlaw-2855	281	29	a	a	DET
taxlaw-2855	281	30	foreign	foreign	ADJ
taxlaw-2855	281	31	acquiring	acquire	VERB
taxlaw-2855	281	32	corporation	corporation	NOUN
taxlaw-2855	281	33	to	to	PART
taxlaw-2855	281	34	reduce	reduce	VERB
taxlaw-2855	281	35	the	the	DET
taxlaw-2855	281	36	ownership	ownership	NOUN
taxlaw-2855	281	37	fraction	fraction	NOUN
taxlaw-2855	281	38	for	for	ADP
taxlaw-2855	281	39	a	a	DET
taxlaw-2855	281	40	domestic	domestic	ADJ
taxlaw-2855	281	41	entity	entity	NOUN
taxlaw-2855	281	42	acquisition	acquisition	NOUN
taxlaw-2855	281	43	by	by	ADP
taxlaw-2855	281	44	including	include	VERB
taxlaw-2855	281	45	stock	stock	NOUN
taxlaw-2855	281	46	issued	issue	VERB
taxlaw-2855	281	47	in	in	ADP
taxlaw-2855	281	48	connection	connection	NOUN
taxlaw-2855	281	49	with	with	ADP
taxlaw-2855	281	50	other	other	ADJ
taxlaw-2855	281	51	recent	recent	ADJ
taxlaw-2855	281	52	domestic	domestic	ADJ
taxlaw-2855	281	53	entity	entity	NOUN
taxlaw-2855	281	54	acquisitions	acquisition	NOUN
taxlaw-2855	281	55	.	.	PUNCT
taxlaw-2855	282	1	moreover	moreover	ADV
taxlaw-2855	282	2	,	,	PUNCT
taxlaw-2855	282	3	the	the	DET
taxlaw-2855	282	4	treasury	treasury	PROPN
taxlaw-2855	282	5	department	department	PROPN
taxlaw-2855	282	6	and	and	CCONJ
taxlaw-2855	282	7	the	the	DET
taxlaw-2855	282	8	irs	irs	PROPN
taxlaw-2855	282	9	do	do	AUX
taxlaw-2855	282	10	not	not	PART
taxlaw-2855	282	11	believe	believe	VERB
taxlaw-2855	282	12	that	that	SCONJ
taxlaw-2855	282	13	the	the	DET
taxlaw-2855	282	14	application	application	NOUN
taxlaw-2855	282	15	of	of	ADP
taxlaw-2855	282	16	section	section	NOUN
taxlaw-2855	282	17	7874	7874	NUM
taxlaw-2855	282	18	in	in	ADP
taxlaw-2855	282	19	these	these	DET
taxlaw-2855	282	20	circumstances	circumstance	NOUN
taxlaw-2855	282	21	should	should	AUX
taxlaw-2855	282	22	depend	depend	VERB
taxlaw-2855	282	23	on	on	ADP
taxlaw-2855	282	24	whether	whether	SCONJ
taxlaw-2855	282	25	there	there	PRON
taxlaw-2855	282	26	was	be	VERB
taxlaw-2855	282	27	a	a	DET
taxlaw-2855	282	28	340	340	NUM
taxlaw-2855	282	29	columbia	columbia	PROPN
taxlaw-2855	282	30	journal	journal	NOUN
taxlaw-2855	282	31	of	of	ADP
taxlaw-2855	282	32	tax	tax	NOUN
taxlaw-2855	282	33	law	law	NOUN
taxlaw-2855	283	1	[	[	X
taxlaw-2855	283	2	vol.8:326	vol.8:326	PROPN
taxlaw-2855	283	3	acquiring	acquire	VERB
taxlaw-2855	283	4	corporation	corporation	NOUN
taxlaw-2855	283	5	issued	issue	VERB
taxlaw-2855	283	6	in	in	ADP
taxlaw-2855	283	7	transactions	transaction	NOUN
taxlaw-2855	283	8	in	in	ADP
taxlaw-2855	283	9	anticipation	anticipation	NOUN
taxlaw-2855	283	10	of	of	ADP
taxlaw-2855	283	11	an	an	DET
taxlaw-2855	283	12	acquisition	acquisition	NOUN
taxlaw-2855	283	13	of	of	ADP
taxlaw-2855	283	14	a	a	DET
taxlaw-2855	283	15	domestic	domestic	ADJ
taxlaw-2855	283	16	entity	entity	NOUN
taxlaw-2855	283	17	from	from	ADP
taxlaw-2855	283	18	the	the	DET
taxlaw-2855	283	19	denominator	denominator	NOUN
taxlaw-2855	283	20	of	of	ADP
taxlaw-2855	283	21	the	the	DET
taxlaw-2855	283	22	ownership	ownership	NOUN
taxlaw-2855	283	23	fraction	fraction	NOUN
taxlaw-2855	283	24	that	that	PRON
taxlaw-2855	283	25	is	be	AUX
taxlaw-2855	283	26	used	use	VERB
taxlaw-2855	283	27	to	to	PART
taxlaw-2855	283	28	determine	determine	VERB
taxlaw-2855	283	29	the	the	DET
taxlaw-2855	283	30	extent	extent	NOUN
taxlaw-2855	283	31	to	to	PART
taxlaw-2855	283	32	which	which	PRON
taxlaw-2855	283	33	the	the	DET
taxlaw-2855	283	34	inverted	inverted	ADJ
taxlaw-2855	283	35	corporation	corporation	NOUN
taxlaw-2855	283	36	is	be	AUX
taxlaw-2855	283	37	domestically	domestically	ADV
taxlaw-2855	283	38	owned	own	VERB
taxlaw-2855	283	39	.	.	PUNCT
taxlaw-2855	284	1	treasury	treasury	PROPN
taxlaw-2855	284	2	regulations	regulation	NOUN
taxlaw-2855	284	3	section	section	NOUN
taxlaw-2855	284	4	1.7874	1.7874	NUM
taxlaw-2855	284	5	-	-	SYM
taxlaw-2855	284	6	7	7	NUM
taxlaw-2855	284	7	t	t	NOUN
taxlaw-2855	284	8	similarly	similarly	ADV
taxlaw-2855	284	9	excludes	exclude	VERB
taxlaw-2855	284	10	from	from	ADP
taxlaw-2855	284	11	that	that	DET
taxlaw-2855	284	12	denominator	denominator	NOUN
taxlaw-2855	284	13	stock	stock	NOUN
taxlaw-2855	284	14	of	of	ADP
taxlaw-2855	284	15	the	the	DET
taxlaw-2855	284	16	foreign	foreign	ADJ
taxlaw-2855	284	17	acquiring	acquire	VERB
taxlaw-2855	284	18	corporation	corporation	NOUN
taxlaw-2855	284	19	that	that	PRON
taxlaw-2855	284	20	is	be	AUX
taxlaw-2855	284	21	attributable	attributable	ADJ
taxlaw-2855	284	22	to	to	ADP
taxlaw-2855	284	23	certain	certain	ADJ
taxlaw-2855	284	24	passive	passive	ADJ
taxlaw-2855	284	25	assets	asset	NOUN
taxlaw-2855	284	26	.	.	PUNCT
taxlaw-2855	285	1	2	2	X
taxlaw-2855	285	2	.	.	X
taxlaw-2855	285	3	a	a	DET
taxlaw-2855	285	4	closer	close	ADJ
taxlaw-2855	285	5	look	look	NOUN
taxlaw-2855	285	6	both	both	DET
taxlaw-2855	285	7	sections	section	NOUN
taxlaw-2855	285	8	7874(c)(6	7874(c)(6	NUM
taxlaw-2855	285	9	)	)	PUNCT
taxlaw-2855	285	10	and	and	CCONJ
taxlaw-2855	285	11	(	(	PUNCT
taxlaw-2855	285	12	g	g	NOUN
taxlaw-2855	285	13	)	)	PUNCT
taxlaw-2855	285	14	give	give	VERB
taxlaw-2855	285	15	the	the	DET
taxlaw-2855	285	16	irs	irs	PROPN
taxlaw-2855	285	17	a	a	DET
taxlaw-2855	285	18	broad	broad	ADJ
taxlaw-2855	285	19	grant	grant	NOUN
taxlaw-2855	285	20	of	of	ADP
taxlaw-2855	285	21	regulatory	regulatory	ADJ
taxlaw-2855	285	22	authority	authority	NOUN
taxlaw-2855	285	23	,	,	PUNCT
taxlaw-2855	285	24	and	and	CCONJ
taxlaw-2855	285	25	as	as	ADP
taxlaw-2855	285	26	with	with	ADP
taxlaw-2855	285	27	section	section	NOUN
taxlaw-2855	285	28	956	956	NUM
taxlaw-2855	285	29	,	,	PUNCT
taxlaw-2855	285	30	it	it	PRON
taxlaw-2855	285	31	is	be	AUX
taxlaw-2855	285	32	necessary	necessary	ADJ
taxlaw-2855	285	33	to	to	PART
taxlaw-2855	285	34	parse	parse	VERB
taxlaw-2855	285	35	the	the	DET
taxlaw-2855	285	36	language	language	NOUN
taxlaw-2855	285	37	closely	closely	ADV
taxlaw-2855	285	38	to	to	PART
taxlaw-2855	285	39	determine	determine	VERB
taxlaw-2855	285	40	what	what	PRON
taxlaw-2855	285	41	is	be	AUX
taxlaw-2855	285	42	within	within	ADP
taxlaw-2855	285	43	the	the	DET
taxlaw-2855	285	44	scope	scope	NOUN
taxlaw-2855	285	45	of	of	ADP
taxlaw-2855	285	46	that	that	DET
taxlaw-2855	285	47	grant	grant	NOUN
taxlaw-2855	285	48	.	.	PUNCT
taxlaw-2855	286	1	section	section	NOUN
taxlaw-2855	286	2	7874(c)(6	7874(c)(6	NUM
taxlaw-2855	286	3	)	)	PUNCT
taxlaw-2855	286	4	provides	provide	VERB
taxlaw-2855	286	5	:	:	PUNCT
taxlaw-2855	286	6	the	the	DET
taxlaw-2855	286	7	secretary	secretary	NOUN
taxlaw-2855	286	8	shall	shall	AUX
taxlaw-2855	286	9	prescribe	prescribe	VERB
taxlaw-2855	286	10	such	such	ADJ
taxlaw-2855	286	11	regulations	regulation	NOUN
taxlaw-2855	286	12	as	as	SCONJ
taxlaw-2855	286	13	may	may	AUX
taxlaw-2855	286	14	be	be	AUX
taxlaw-2855	286	15	appropriate	appropriate	ADJ
taxlaw-2855	286	16	to	to	PART
taxlaw-2855	286	17	determine	determine	VERB
taxlaw-2855	286	18	whether	whether	SCONJ
taxlaw-2855	286	19	a	a	DET
taxlaw-2855	286	20	corporation	corporation	NOUN
taxlaw-2855	286	21	is	be	AUX
taxlaw-2855	286	22	a	a	DET
taxlaw-2855	286	23	surrogate	surrogate	ADJ
taxlaw-2855	286	24	foreign	foreign	ADJ
taxlaw-2855	286	25	corporation	corporation	NOUN
taxlaw-2855	286	26	,	,	PUNCT
taxlaw-2855	286	27	including	include	VERB
taxlaw-2855	286	28	regulations	regulation	NOUN
taxlaw-2855	286	29	to	to	PART
taxlaw-2855	286	30	treat	treat	VERB
taxlaw-2855	286	31	warrants	warrant	NOUN
taxlaw-2855	286	32	,	,	PUNCT
taxlaw-2855	286	33	options	option	NOUN
taxlaw-2855	286	34	,	,	PUNCT
taxlaw-2855	286	35	contracts	contract	NOUN
taxlaw-2855	286	36	to	to	PART
taxlaw-2855	286	37	acquire	acquire	VERB
taxlaw-2855	286	38	stock	stock	NOUN
taxlaw-2855	286	39	,	,	PUNCT
taxlaw-2855	286	40	convertible	convertible	ADJ
taxlaw-2855	286	41	debt	debt	NOUN
taxlaw-2855	286	42	interests	interest	NOUN
taxlaw-2855	286	43	,	,	PUNCT
taxlaw-2855	286	44	and	and	CCONJ
taxlaw-2855	286	45	other	other	ADJ
taxlaw-2855	286	46	similar	similar	ADJ
taxlaw-2855	286	47	interests	interest	NOUN
taxlaw-2855	286	48	as	as	ADP
taxlaw-2855	286	49	stock	stock	NOUN
taxlaw-2855	286	50	,	,	PUNCT
taxlaw-2855	286	51	and	and	CCONJ
taxlaw-2855	286	52	to	to	PART
taxlaw-2855	286	53	treat	treat	VERB
taxlaw-2855	286	54	stock	stock	NOUN
taxlaw-2855	286	55	as	as	ADP
taxlaw-2855	286	56	not	not	PART
taxlaw-2855	286	57	stock	stock	NOUN
taxlaw-2855	286	58	.	.	PUNCT
taxlaw-2855	287	1	according	accord	VERB
taxlaw-2855	287	2	to	to	ADP
taxlaw-2855	287	3	the	the	DET
taxlaw-2855	287	4	irs	irs	PROPN
taxlaw-2855	287	5	,	,	PUNCT
taxlaw-2855	287	6	the	the	DET
taxlaw-2855	287	7	serial	serial	ADJ
taxlaw-2855	287	8	acquisition	acquisition	NOUN
taxlaw-2855	287	9	regulation	regulation	NOUN
taxlaw-2855	287	10	is	be	AUX
taxlaw-2855	287	11	authorized	authorize	VERB
taxlaw-2855	287	12	because	because	SCONJ
taxlaw-2855	287	13	by	by	ADP
taxlaw-2855	287	14	excluding	exclude	VERB
taxlaw-2855	287	15	shares	share	NOUN
taxlaw-2855	287	16	attributable	attributable	ADJ
taxlaw-2855	287	17	to	to	ADP
taxlaw-2855	287	18	a	a	DET
taxlaw-2855	287	19	prior	prior	ADJ
taxlaw-2855	287	20	domestic	domestic	ADJ
taxlaw-2855	287	21	entity	entity	NOUN
taxlaw-2855	287	22	acquisition	acquisition	NOUN
taxlaw-2855	287	23	from	from	ADP
taxlaw-2855	287	24	the	the	DET
taxlaw-2855	287	25	denominator	denominator	NOUN
taxlaw-2855	287	26	,	,	PUNCT
taxlaw-2855	287	27	the	the	DET
taxlaw-2855	287	28	regulation	regulation	NOUN
taxlaw-2855	287	29	is	be	AUX
taxlaw-2855	287	30	treating	treat	VERB
taxlaw-2855	287	31	“	"	PUNCT
taxlaw-2855	287	32	stock	stock	NOUN
taxlaw-2855	287	33	”	"	PUNCT
taxlaw-2855	287	34	as	as	ADP
taxlaw-2855	287	35	“	"	PUNCT
taxlaw-2855	287	36	not	not	PART
taxlaw-2855	287	37	stock	stock	NOUN
taxlaw-2855	287	38	.	.	PUNCT
taxlaw-2855	287	39	”	"	PUNCT
taxlaw-2855	288	1	section	section	NOUN
taxlaw-2855	288	2	7874(g	7874(g	NOUN
taxlaw-2855	288	3	)	)	PUNCT
taxlaw-2855	288	4	provides	provide	VERB
taxlaw-2855	288	5	a	a	DET
taxlaw-2855	288	6	grant	grant	NOUN
taxlaw-2855	288	7	of	of	ADP
taxlaw-2855	288	8	authority	authority	NOUN
taxlaw-2855	288	9	similar	similar	ADJ
taxlaw-2855	288	10	to	to	ADP
taxlaw-2855	288	11	that	that	PRON
taxlaw-2855	288	12	in	in	ADP
taxlaw-2855	288	13	section	section	NOUN
taxlaw-2855	288	14	956(e	956(e	PROPN
taxlaw-2855	288	15	):	):	PUNCT
taxlaw-2855	288	16	to	to	PART
taxlaw-2855	288	17	“	"	PUNCT
taxlaw-2855	288	18	provide	provide	VERB
taxlaw-2855	288	19	such	such	ADJ
taxlaw-2855	288	20	regulations	regulation	NOUN
taxlaw-2855	288	21	as	as	SCONJ
taxlaw-2855	288	22	are	be	AUX
taxlaw-2855	288	23	necessary	necessary	ADJ
taxlaw-2855	288	24	to	to	PART
taxlaw-2855	288	25	carry	carry	VERB
taxlaw-2855	288	26	out	out	ADP
taxlaw-2855	288	27	this	this	DET
taxlaw-2855	288	28	section	section	NOUN
taxlaw-2855	288	29	,	,	PUNCT
taxlaw-2855	288	30	including	include	VERB
taxlaw-2855	288	31	regulations	regulation	NOUN
taxlaw-2855	288	32	providing	provide	VERB
taxlaw-2855	288	33	for	for	ADP
taxlaw-2855	288	34	such	such	ADJ
taxlaw-2855	288	35	adjustments	adjustment	NOUN
taxlaw-2855	288	36	to	to	ADP
taxlaw-2855	288	37	the	the	DET
taxlaw-2855	288	38	application	application	NOUN
taxlaw-2855	288	39	of	of	ADP
taxlaw-2855	288	40	this	this	DET
taxlaw-2855	288	41	section	section	NOUN
taxlaw-2855	288	42	as	as	SCONJ
taxlaw-2855	288	43	are	be	AUX
taxlaw-2855	288	44	necessary	necessary	ADJ
taxlaw-2855	288	45	to	to	PART
taxlaw-2855	288	46	prevent	prevent	VERB
taxlaw-2855	288	47	the	the	DET
taxlaw-2855	288	48	avoidance	avoidance	NOUN
taxlaw-2855	288	49	of	of	ADP
taxlaw-2855	288	50	the	the	DET
taxlaw-2855	288	51	purposes	purpose	NOUN
taxlaw-2855	288	52	of	of	ADP
taxlaw-2855	288	53	this	this	DET
taxlaw-2855	288	54	section	section	NOUN
taxlaw-2855	288	55	.	.	PUNCT
taxlaw-2855	289	1	”39	”39	PROPN
taxlaw-2855	290	1	3	3	NUM
taxlaw-2855	290	2	.	.	PUNCT
taxlaw-2855	290	3	is	be	AUX
taxlaw-2855	290	4	the	the	DET
taxlaw-2855	290	5	serial	serial	ADJ
taxlaw-2855	290	6	acquisition	acquisition	NOUN
taxlaw-2855	290	7	rule	rule	NOUN
taxlaw-2855	290	8	within	within	ADP
taxlaw-2855	290	9	the	the	DET
taxlaw-2855	290	10	scope	scope	NOUN
taxlaw-2855	290	11	of	of	ADP
taxlaw-2855	290	12	the	the	DET
taxlaw-2855	290	13	irs	irs	PROPN
taxlaw-2855	290	14	’s	’s	PART
taxlaw-2855	290	15	regulatory	regulatory	ADJ
taxlaw-2855	290	16	authority	authority	NOUN
taxlaw-2855	290	17	?	?	PUNCT
taxlaw-2855	291	1	let	let	VERB
taxlaw-2855	291	2	us	we	PRON
taxlaw-2855	291	3	start	start	VERB
taxlaw-2855	291	4	with	with	ADP
taxlaw-2855	291	5	the	the	DET
taxlaw-2855	291	6	limits	limit	NOUN
taxlaw-2855	291	7	that	that	PRON
taxlaw-2855	291	8	apply	apply	VERB
taxlaw-2855	291	9	to	to	ADP
taxlaw-2855	291	10	both	both	DET
taxlaw-2855	291	11	section	section	NOUN
taxlaw-2855	291	12	7874(c)(6	7874(c)(6	NUM
taxlaw-2855	291	13	)	)	PUNCT
taxlaw-2855	291	14	and	and	CCONJ
taxlaw-2855	291	15	section	section	NOUN
taxlaw-2855	291	16	7874(g)—limits	7874(g)—limits	NUM
taxlaw-2855	291	17	that	that	PRON
taxlaw-2855	291	18	apply	apply	VERB
taxlaw-2855	291	19	to	to	ADP
taxlaw-2855	291	20	all	all	DET
taxlaw-2855	291	21	regulatory	regulatory	ADJ
taxlaw-2855	291	22	authority	authority	NOUN
taxlaw-2855	291	23	.	.	PUNCT
taxlaw-2855	292	1	we	we	PRON
taxlaw-2855	292	2	know	know	VERB
taxlaw-2855	292	3	that	that	SCONJ
taxlaw-2855	292	4	a	a	DET
taxlaw-2855	292	5	regulation	regulation	NOUN
taxlaw-2855	292	6	promulgated	promulgate	VERB
taxlaw-2855	292	7	under	under	ADP
taxlaw-2855	292	8	either	either	DET
taxlaw-2855	292	9	section	section	NOUN
taxlaw-2855	292	10	would	would	AUX
taxlaw-2855	292	11	be	be	AUX
taxlaw-2855	292	12	invalid	invalid	ADJ
taxlaw-2855	292	13	if	if	SCONJ
taxlaw-2855	292	14	it	it	PRON
taxlaw-2855	292	15	violated	violate	VERB
taxlaw-2855	292	16	another	another	DET
taxlaw-2855	292	17	law	law	NOUN
taxlaw-2855	292	18	,	,	PUNCT
taxlaw-2855	292	19	as	as	ADP
taxlaw-2855	292	20	in	in	ADP
taxlaw-2855	292	21	the	the	DET
taxlaw-2855	292	22	gender	gender	NOUN
taxlaw-2855	292	23	discrimination	discrimination	NOUN
taxlaw-2855	292	24	example	example	NOUN
taxlaw-2855	292	25	.	.	PUNCT
taxlaw-2855	293	1	the	the	DET
taxlaw-2855	293	2	serial	serial	ADJ
taxlaw-2855	293	3	acquisition	acquisition	NOUN
taxlaw-2855	293	4	rule	rule	NOUN
taxlaw-2855	293	5	does	do	AUX
taxlaw-2855	293	6	not	not	PART
taxlaw-2855	293	7	suffer	suffer	VERB
taxlaw-2855	293	8	from	from	ADP
taxlaw-2855	293	9	any	any	DET
taxlaw-2855	293	10	defect	defect	NOUN
taxlaw-2855	293	11	in	in	ADP
taxlaw-2855	293	12	that	that	DET
taxlaw-2855	293	13	respect	respect	NOUN
taxlaw-2855	293	14	.	.	PUNCT
taxlaw-2855	294	1	we	we	PRON
taxlaw-2855	294	2	also	also	ADV
taxlaw-2855	294	3	know	know	VERB
taxlaw-2855	294	4	that	that	SCONJ
taxlaw-2855	294	5	a	a	DET
taxlaw-2855	294	6	regulation	regulation	NOUN
taxlaw-2855	294	7	promulgated	promulgate	VERB
taxlaw-2855	294	8	under	under	ADP
taxlaw-2855	294	9	either	either	DET
taxlaw-2855	294	10	section	section	NOUN
taxlaw-2855	294	11	would	would	AUX
taxlaw-2855	294	12	be	be	AUX
taxlaw-2855	294	13	invalid	invalid	ADJ
taxlaw-2855	294	14	if	if	SCONJ
taxlaw-2855	294	15	it	it	PRON
taxlaw-2855	294	16	rewrote	rewrote	VERB
taxlaw-2855	294	17	section	section	NOUN
taxlaw-2855	294	18	7874	7874	NUM
taxlaw-2855	294	19	—	—	PUNCT
taxlaw-2855	294	20	for	for	ADP
taxlaw-2855	294	21	example	example	NOUN
taxlaw-2855	294	22	,	,	PUNCT
taxlaw-2855	294	23	a	a	DET
taxlaw-2855	294	24	regulation	regulation	NOUN
taxlaw-2855	294	25	that	that	PRON
taxlaw-2855	294	26	crossed	cross	VERB
taxlaw-2855	294	27	out	out	ADP
taxlaw-2855	294	28	“	"	PUNCT
taxlaw-2855	294	29	80	80	NUM
taxlaw-2855	294	30	”	"	PUNCT
taxlaw-2855	294	31	in	in	ADP
taxlaw-2855	294	32	section	section	NOUN
taxlaw-2855	294	33	7874(b	7874(b	NOUN
taxlaw-2855	294	34	)	)	PUNCT
taxlaw-2855	294	35	and	and	CCONJ
taxlaw-2855	294	36	replaced	replace	VERB
taxlaw-2855	294	37	it	it	PRON
taxlaw-2855	294	38	with	with	ADP
taxlaw-2855	294	39	“	"	PUNCT
taxlaw-2855	294	40	60	60	NUM
taxlaw-2855	294	41	.	.	PUNCT
taxlaw-2855	294	42	”	"	PUNCT
taxlaw-2855	295	1	this	this	PRON
taxlaw-2855	295	2	is	be	AUX
taxlaw-2855	295	3	a	a	DET
taxlaw-2855	295	4	harder	hard	ADJ
taxlaw-2855	295	5	question	question	NOUN
taxlaw-2855	295	6	,	,	PUNCT
taxlaw-2855	295	7	but	but	CCONJ
taxlaw-2855	295	8	we	we	PRON
taxlaw-2855	295	9	believe	believe	VERB
taxlaw-2855	295	10	the	the	DET
taxlaw-2855	295	11	serial	serial	ADJ
taxlaw-2855	295	12	acquisition	acquisition	NOUN
taxlaw-2855	295	13	rule	rule	NOUN
taxlaw-2855	295	14	does	do	AUX
taxlaw-2855	295	15	not	not	PART
taxlaw-2855	295	16	encroach	encroach	VERB
taxlaw-2855	295	17	on	on	ADP
taxlaw-2855	295	18	any	any	PRON
taxlaw-2855	295	19	of	of	ADP
taxlaw-2855	295	20	the	the	DET
taxlaw-2855	295	21	statutory	statutory	ADJ
taxlaw-2855	295	22	language	language	NOUN
taxlaw-2855	295	23	of	of	ADP
taxlaw-2855	295	24	section	section	NOUN
taxlaw-2855	295	25	7874	7874	NUM
taxlaw-2855	295	26	.	.	PUNCT
taxlaw-2855	296	1	many	many	ADJ
taxlaw-2855	296	2	commentators	commentator	NOUN
taxlaw-2855	296	3	have	have	AUX
taxlaw-2855	296	4	expressed	express	VERB
taxlaw-2855	296	5	frustration	frustration	NOUN
taxlaw-2855	296	6	that	that	SCONJ
taxlaw-2855	296	7	the	the	DET
taxlaw-2855	296	8	serial	serial	ADJ
taxlaw-2855	296	9	acquisition	acquisition	NOUN
taxlaw-2855	296	10	rule	rule	NOUN
taxlaw-2855	296	11	applies	apply	VERB
taxlaw-2855	296	12	regardless	regardless	ADV
taxlaw-2855	296	13	of	of	ADP
taxlaw-2855	296	14	whether	whether	SCONJ
taxlaw-2855	296	15	the	the	DET
taxlaw-2855	296	16	previous	previous	ADJ
taxlaw-2855	296	17	acquisitions	acquisition	NOUN
taxlaw-2855	296	18	were	be	AUX
taxlaw-2855	296	19	done	do	VERB
taxlaw-2855	296	20	pursuant	pursuant	ADV
taxlaw-2855	296	21	to	to	ADP
taxlaw-2855	296	22	a	a	DET
taxlaw-2855	296	23	plan	plan	NOUN
taxlaw-2855	296	24	that	that	PRON
taxlaw-2855	296	25	includes	include	VERB
taxlaw-2855	296	26	the	the	DET
taxlaw-2855	296	27	later	late	ADJ
taxlaw-2855	296	28	acquisition.40	acquisition.40	NOUN
taxlaw-2855	296	29	however	however	ADV
taxlaw-2855	296	30	,	,	PUNCT
taxlaw-2855	296	31	the	the	DET
taxlaw-2855	296	32	“	"	PUNCT
taxlaw-2855	296	33	pursuant	pursuant	NOUN
taxlaw-2855	296	34	to	to	ADP
taxlaw-2855	296	35	a	a	DET
taxlaw-2855	296	36	plan	plan	NOUN
taxlaw-2855	296	37	”	"	PUNCT
taxlaw-2855	296	38	concepts	concept	NOUN
taxlaw-2855	296	39	that	that	PRON
taxlaw-2855	296	40	are	be	AUX
taxlaw-2855	296	41	demonstrable	demonstrable	ADJ
taxlaw-2855	296	42	plan	plan	NOUN
taxlaw-2855	296	43	to	to	PART
taxlaw-2855	296	44	undertake	undertake	VERB
taxlaw-2855	296	45	the	the	DET
taxlaw-2855	296	46	subsequent	subsequent	ADJ
taxlaw-2855	296	47	domestic	domestic	ADJ
taxlaw-2855	296	48	entity	entity	NOUN
taxlaw-2855	296	49	acquisition	acquisition	NOUN
taxlaw-2855	296	50	at	at	ADP
taxlaw-2855	296	51	the	the	DET
taxlaw-2855	296	52	time	time	NOUN
taxlaw-2855	296	53	of	of	ADP
taxlaw-2855	296	54	the	the	DET
taxlaw-2855	296	55	prior	prior	ADJ
taxlaw-2855	296	56	domestic	domestic	ADJ
taxlaw-2855	296	57	entity	entity	NOUN
taxlaw-2855	296	58	acquisitions	acquisition	NOUN
taxlaw-2855	296	59	.	.	PUNCT
taxlaw-2855	296	60	”	"	PUNCT
taxlaw-2855	296	61	)	)	PUNCT
taxlaw-2855	296	62	.	.	PUNCT
taxlaw-2855	297	1	39	39	NUM
taxlaw-2855	298	1	the	the	DET
taxlaw-2855	298	2	full	full	ADJ
taxlaw-2855	298	3	text	text	NOUN
taxlaw-2855	298	4	of	of	ADP
taxlaw-2855	298	5	section	section	NOUN
taxlaw-2855	298	6	7874(g	7874(g	NOUN
taxlaw-2855	298	7	)	)	PUNCT
taxlaw-2855	298	8	reads	read	VERB
taxlaw-2855	298	9	:	:	PUNCT
taxlaw-2855	298	10	“	"	PUNCT
taxlaw-2855	298	11	the	the	DET
taxlaw-2855	298	12	secretary	secretary	NOUN
taxlaw-2855	298	13	shall	shall	AUX
taxlaw-2855	298	14	provide	provide	VERB
taxlaw-2855	298	15	such	such	ADJ
taxlaw-2855	298	16	regulations	regulation	NOUN
taxlaw-2855	298	17	as	as	SCONJ
taxlaw-2855	298	18	are	be	AUX
taxlaw-2855	298	19	necessary	necessary	ADJ
taxlaw-2855	298	20	to	to	PART
taxlaw-2855	298	21	carry	carry	VERB
taxlaw-2855	298	22	out	out	ADP
taxlaw-2855	298	23	this	this	DET
taxlaw-2855	298	24	section	section	NOUN
taxlaw-2855	298	25	,	,	PUNCT
taxlaw-2855	298	26	including	include	VERB
taxlaw-2855	298	27	regulations	regulation	NOUN
taxlaw-2855	298	28	providing	provide	VERB
taxlaw-2855	298	29	for	for	ADP
taxlaw-2855	298	30	such	such	ADJ
taxlaw-2855	298	31	adjustments	adjustment	NOUN
taxlaw-2855	298	32	to	to	ADP
taxlaw-2855	298	33	the	the	DET
taxlaw-2855	298	34	application	application	NOUN
taxlaw-2855	298	35	of	of	ADP
taxlaw-2855	298	36	this	this	DET
taxlaw-2855	298	37	section	section	NOUN
taxlaw-2855	298	38	as	as	SCONJ
taxlaw-2855	298	39	are	be	AUX
taxlaw-2855	298	40	necessary	necessary	ADJ
taxlaw-2855	298	41	to	to	PART
taxlaw-2855	298	42	prevent	prevent	VERB
taxlaw-2855	298	43	the	the	DET
taxlaw-2855	298	44	avoidance	avoidance	NOUN
taxlaw-2855	298	45	of	of	ADP
taxlaw-2855	298	46	the	the	DET
taxlaw-2855	298	47	purposes	purpose	NOUN
taxlaw-2855	298	48	of	of	ADP
taxlaw-2855	298	49	this	this	DET
taxlaw-2855	298	50	section	section	NOUN
taxlaw-2855	298	51	,	,	PUNCT
taxlaw-2855	298	52	including	include	VERB
taxlaw-2855	298	53	the	the	DET
taxlaw-2855	298	54	avoidance	avoidance	NOUN
taxlaw-2855	298	55	of	of	ADP
taxlaw-2855	298	56	such	such	ADJ
taxlaw-2855	298	57	purposes	purpose	NOUN
taxlaw-2855	298	58	through	through	ADP
taxlaw-2855	298	59	(	(	PUNCT
taxlaw-2855	298	60	1	1	X
taxlaw-2855	298	61	)	)	PUNCT
taxlaw-2855	298	62	the	the	DET
taxlaw-2855	298	63	use	use	NOUN
taxlaw-2855	298	64	of	of	ADP
taxlaw-2855	298	65	related	related	ADJ
taxlaw-2855	298	66	persons	person	NOUN
taxlaw-2855	298	67	,	,	PUNCT
taxlaw-2855	298	68	pass	pass	NOUN
taxlaw-2855	298	69	-	-	PUNCT
taxlaw-2855	298	70	through	through	NOUN
taxlaw-2855	298	71	or	or	CCONJ
taxlaw-2855	298	72	other	other	ADJ
taxlaw-2855	298	73	noncorporate	noncorporate	ADJ
taxlaw-2855	298	74	entities	entity	NOUN
taxlaw-2855	298	75	,	,	PUNCT
taxlaw-2855	298	76	or	or	CCONJ
taxlaw-2855	298	77	other	other	ADJ
taxlaw-2855	298	78	intermediaries	intermediary	NOUN
taxlaw-2855	298	79	,	,	PUNCT
taxlaw-2855	298	80	or	or	CCONJ
taxlaw-2855	298	81	(	(	PUNCT
taxlaw-2855	298	82	2	2	NUM
taxlaw-2855	298	83	)	)	PUNCT
taxlaw-2855	298	84	transactions	transaction	NOUN
taxlaw-2855	298	85	designed	design	VERB
taxlaw-2855	298	86	to	to	PART
taxlaw-2855	298	87	have	have	VERB
taxlaw-2855	298	88	persons	person	NOUN
taxlaw-2855	298	89	cease	cease	VERB
taxlaw-2855	298	90	to	to	PART
taxlaw-2855	298	91	be	be	AUX
taxlaw-2855	298	92	(	(	PUNCT
taxlaw-2855	298	93	or	or	CCONJ
taxlaw-2855	298	94	not	not	PART
taxlaw-2855	298	95	become	become	VERB
taxlaw-2855	298	96	)	)	PUNCT
taxlaw-2855	298	97	members	member	NOUN
taxlaw-2855	298	98	of	of	ADP
taxlaw-2855	298	99	expanded	expand	VERB
taxlaw-2855	298	100	affiliated	affiliated	ADJ
taxlaw-2855	298	101	groups	group	NOUN
taxlaw-2855	298	102	or	or	CCONJ
taxlaw-2855	298	103	related	related	ADJ
taxlaw-2855	298	104	persons	person	NOUN
taxlaw-2855	298	105	.	.	PUNCT
taxlaw-2855	298	106	”	"	PUNCT
taxlaw-2855	299	1	40	40	NUM
taxlaw-2855	299	2	see	see	VERB
taxlaw-2855	299	3	,	,	PUNCT
taxlaw-2855	299	4	e.g.	e.g.	ADV
taxlaw-2855	299	5	,	,	PUNCT
taxlaw-2855	299	6	amanda	amanda	PROPN
taxlaw-2855	299	7	athanasiou	athanasiou	NOUN
taxlaw-2855	299	8	,	,	PUNCT
taxlaw-2855	299	9	chamber	chamber	PROPN
taxlaw-2855	299	10	of	of	ADP
taxlaw-2855	299	11	commerce	commerce	PROPN
taxlaw-2855	299	12	,	,	PUNCT
taxlaw-2855	299	13	irs	irs	PROPN
taxlaw-2855	299	14	face	face	VERB
taxlaw-2855	299	15	off	off	ADP
taxlaw-2855	299	16	in	in	ADP
taxlaw-2855	299	17	inversion	inversion	NOUN
taxlaw-2855	299	18	rule	rule	NOUN
taxlaw-2855	299	19	challenge	challenge	NOUN
taxlaw-2855	299	20	,	,	PUNCT
taxlaw-2855	299	21	153	153	NUM
taxlaw-2855	299	22	tax	tax	NOUN
taxlaw-2855	299	23	notes	note	NOUN
taxlaw-2855	299	24	355	355	NUM
taxlaw-2855	299	25	(	(	PUNCT
taxlaw-2855	299	26	2016	2016	NUM
taxlaw-2855	299	27	)	)	PUNCT
taxlaw-2855	299	28	(	(	PUNCT
taxlaw-2855	299	29	noting	note	VERB
taxlaw-2855	299	30	the	the	DET
taxlaw-2855	299	31	u.s	u.s	PROPN
taxlaw-2855	299	32	.	.	PROPN
taxlaw-2855	299	33	chamber	chamber	PROPN
taxlaw-2855	299	34	of	of	ADP
taxlaw-2855	299	35	commerce	commerce	PROPN
taxlaw-2855	299	36	’s	’s	PART
taxlaw-2855	299	37	argument	argument	NOUN
taxlaw-2855	299	38	in	in	ADP
taxlaw-2855	299	39	litigation	litigation	NOUN
taxlaw-2855	299	40	that	that	SCONJ
taxlaw-2855	299	41	the	the	DET
taxlaw-2855	299	42	serial	serial	ADJ
taxlaw-2855	299	43	acquisition	acquisition	NOUN
taxlaw-2855	299	44	rule	rule	NOUN
taxlaw-2855	299	45	is	be	AUX
taxlaw-2855	299	46	invalid	invalid	ADJ
taxlaw-2855	299	47	for	for	ADP
taxlaw-2855	299	48	not	not	PART
taxlaw-2855	299	49	“	"	PUNCT
taxlaw-2855	299	50	depend[ing	depend[e	VERB
taxlaw-2855	299	51	]	]	PUNCT
taxlaw-2855	299	52	on	on	ADP
taxlaw-2855	299	53	a	a	DET
taxlaw-2855	299	54	scheme	scheme	NOUN
taxlaw-2855	299	55	intended	intend	VERB
taxlaw-2855	299	56	to	to	PART
taxlaw-2855	299	57	circumvent	circumvent	VERB
taxlaw-2855	299	58	the	the	DET
taxlaw-2855	299	59	statute	statute	NOUN
taxlaw-2855	299	60	by	by	ADP
taxlaw-2855	299	61	inflating	inflate	VERB
taxlaw-2855	299	62	the	the	DET
taxlaw-2855	299	63	foreign	foreign	ADJ
taxlaw-2855	299	64	corporation	corporation	NOUN
taxlaw-2855	299	65	’s	’s	PART
taxlaw-2855	299	66	size	size	NOUN
taxlaw-2855	299	67	”	"	PUNCT
taxlaw-2855	299	68	)	)	PUNCT
taxlaw-2855	299	69	.	.	PUNCT
taxlaw-2855	300	1	2017	2017	NUM
taxlaw-2855	300	2	]	]	PUNCT
taxlaw-2855	300	3	a	a	DET
taxlaw-2855	300	4	framework	framework	NOUN
taxlaw-2855	300	5	for	for	ADP
taxlaw-2855	300	6	testing	test	VERB
taxlaw-2855	300	7	regulatory	regulatory	ADJ
taxlaw-2855	300	8	authority	authority	NOUN
taxlaw-2855	300	9	341	341	NUM
taxlaw-2855	300	10	expressed	express	VERB
taxlaw-2855	300	11	in	in	ADP
taxlaw-2855	300	12	the	the	DET
taxlaw-2855	300	13	statutory	statutory	ADJ
taxlaw-2855	300	14	language	language	NOUN
taxlaw-2855	300	15	of	of	ADP
taxlaw-2855	300	16	section	section	NOUN
taxlaw-2855	300	17	7874	7874	NUM
taxlaw-2855	300	18	,	,	PUNCT
taxlaw-2855	300	19	as	as	ADV
taxlaw-2855	300	20	well	well	ADV
taxlaw-2855	300	21	as	as	ADP
taxlaw-2855	300	22	the	the	DET
taxlaw-2855	300	23	existing	exist	VERB
taxlaw-2855	300	24	regulations	regulation	NOUN
taxlaw-2855	300	25	,	,	PUNCT
taxlaw-2855	300	26	are	be	AUX
taxlaw-2855	300	27	not	not	PART
taxlaw-2855	300	28	incompatible	incompatible	ADJ
taxlaw-2855	300	29	with	with	ADP
taxlaw-2855	300	30	the	the	DET
taxlaw-2855	300	31	serial	serial	ADJ
taxlaw-2855	300	32	acquisition	acquisition	NOUN
taxlaw-2855	300	33	rule	rule	NOUN
taxlaw-2855	300	34	.	.	PUNCT
taxlaw-2855	301	1	sections	section	NOUN
taxlaw-2855	301	2	7874(a)(2)(b	7874(a)(2)(b	NUM
taxlaw-2855	301	3	)	)	PUNCT
taxlaw-2855	301	4	and	and	CCONJ
taxlaw-2855	301	5	section	section	NOUN
taxlaw-2855	301	6	7874(c)(3	7874(c)(3	NOUN
taxlaw-2855	301	7	)	)	PUNCT
taxlaw-2855	301	8	refer	refer	VERB
taxlaw-2855	301	9	to	to	ADP
taxlaw-2855	301	10	acquisitions	acquisition	NOUN
taxlaw-2855	301	11	as	as	ADP
taxlaw-2855	301	12	part	part	NOUN
taxlaw-2855	301	13	of	of	ADP
taxlaw-2855	301	14	a	a	DET
taxlaw-2855	301	15	plan	plan	NOUN
taxlaw-2855	301	16	and	and	CCONJ
taxlaw-2855	301	17	presume	presume	VERB
taxlaw-2855	301	18	an	an	DET
taxlaw-2855	301	19	acquisition	acquisition	NOUN
taxlaw-2855	301	20	of	of	ADP
taxlaw-2855	301	21	all	all	PRON
taxlaw-2855	301	22	of	of	ADP
taxlaw-2855	301	23	the	the	DET
taxlaw-2855	301	24	properties	property	NOUN
taxlaw-2855	301	25	of	of	ADP
taxlaw-2855	301	26	a	a	DET
taxlaw-2855	301	27	domestic	domestic	ADJ
taxlaw-2855	301	28	corporation	corporation	NOUN
taxlaw-2855	301	29	over	over	ADP
taxlaw-2855	301	30	a	a	DET
taxlaw-2855	301	31	four	four	NUM
taxlaw-2855	301	32	-	-	PUNCT
taxlaw-2855	301	33	year	year	NOUN
taxlaw-2855	301	34	period	period	NOUN
taxlaw-2855	301	35	to	to	PART
taxlaw-2855	301	36	be	be	AUX
taxlaw-2855	301	37	part	part	NOUN
taxlaw-2855	301	38	of	of	ADP
taxlaw-2855	301	39	a	a	DET
taxlaw-2855	301	40	plan	plan	NOUN
taxlaw-2855	301	41	,	,	PUNCT
taxlaw-2855	301	42	but	but	CCONJ
taxlaw-2855	301	43	those	those	DET
taxlaw-2855	301	44	sections	section	NOUN
taxlaw-2855	301	45	are	be	AUX
taxlaw-2855	301	46	trying	try	VERB
taxlaw-2855	301	47	to	to	PART
taxlaw-2855	301	48	prevent	prevent	VERB
taxlaw-2855	301	49	“	"	PUNCT
taxlaw-2855	301	50	creeping	creeping	ADJ
taxlaw-2855	301	51	acquisitions	acquisition	NOUN
taxlaw-2855	301	52	”	"	PUNCT
taxlaw-2855	301	53	41	41	NUM
taxlaw-2855	301	54	of	of	ADP
taxlaw-2855	301	55	a	a	DET
taxlaw-2855	301	56	single	single	ADJ
taxlaw-2855	301	57	entity	entity	NOUN
taxlaw-2855	301	58	from	from	ADP
taxlaw-2855	301	59	falling	fall	VERB
taxlaw-2855	301	60	outside	outside	ADV
taxlaw-2855	301	61	of	of	ADP
taxlaw-2855	301	62	section	section	NOUN
taxlaw-2855	301	63	7874	7874	NUM
taxlaw-2855	301	64	.	.	PUNCT
taxlaw-2855	302	1	42	42	NUM
taxlaw-2855	302	2	treasury	treasury	PROPN
taxlaw-2855	302	3	regulations	regulation	NOUN
taxlaw-2855	302	4	section	section	NOUN
taxlaw-2855	302	5	1.7874	1.7874	NUM
taxlaw-2855	302	6	-	-	PUNCT
taxlaw-2855	302	7	2(e	2(e	NUM
taxlaw-2855	302	8	)	)	PUNCT
taxlaw-2855	302	9	provides	provide	VERB
taxlaw-2855	302	10	that	that	SCONJ
taxlaw-2855	302	11	if	if	SCONJ
taxlaw-2855	302	12	,	,	PUNCT
taxlaw-2855	302	13	pursuant	pursuant	ADJ
taxlaw-2855	302	14	to	to	ADP
taxlaw-2855	302	15	a	a	DET
taxlaw-2855	302	16	plan	plan	NOUN
taxlaw-2855	302	17	or	or	CCONJ
taxlaw-2855	302	18	a	a	DET
taxlaw-2855	302	19	series	series	NOUN
taxlaw-2855	302	20	of	of	ADP
taxlaw-2855	302	21	related	related	ADJ
taxlaw-2855	302	22	transactions	transaction	NOUN
taxlaw-2855	302	23	,	,	PUNCT
taxlaw-2855	302	24	a	a	DET
taxlaw-2855	302	25	foreign	foreign	ADJ
taxlaw-2855	302	26	corporation	corporation	NOUN
taxlaw-2855	302	27	undertakes	undertake	VERB
taxlaw-2855	302	28	multiple	multiple	ADJ
taxlaw-2855	302	29	domestic	domestic	ADJ
taxlaw-2855	302	30	entity	entity	NOUN
taxlaw-2855	302	31	acquisitions	acquisition	NOUN
taxlaw-2855	302	32	,	,	PUNCT
taxlaw-2855	302	33	the	the	DET
taxlaw-2855	302	34	acquisitions	acquisition	NOUN
taxlaw-2855	302	35	are	be	AUX
taxlaw-2855	302	36	treated	treat	VERB
taxlaw-2855	302	37	as	as	ADP
taxlaw-2855	302	38	a	a	DET
taxlaw-2855	302	39	single	single	ADJ
taxlaw-2855	302	40	acquisition	acquisition	NOUN
taxlaw-2855	302	41	and	and	CCONJ
taxlaw-2855	302	42	the	the	DET
taxlaw-2855	302	43	entities	entity	NOUN
taxlaw-2855	302	44	are	be	AUX
taxlaw-2855	302	45	treated	treat	VERB
taxlaw-2855	302	46	as	as	ADP
taxlaw-2855	302	47	a	a	DET
taxlaw-2855	302	48	single	single	ADJ
taxlaw-2855	302	49	entity	entity	NOUN
taxlaw-2855	302	50	.	.	PUNCT
taxlaw-2855	303	1	the	the	DET
taxlaw-2855	303	2	irs	irs	PROPN
taxlaw-2855	303	3	did	do	AUX
taxlaw-2855	303	4	not	not	PART
taxlaw-2855	303	5	rely	rely	VERB
taxlaw-2855	303	6	on	on	ADP
taxlaw-2855	303	7	any	any	DET
taxlaw-2855	303	8	specific	specific	ADJ
taxlaw-2855	303	9	authority	authority	NOUN
taxlaw-2855	303	10	granted	grant	VERB
taxlaw-2855	303	11	under	under	ADP
taxlaw-2855	303	12	section	section	NOUN
taxlaw-2855	303	13	7874	7874	NUM
taxlaw-2855	303	14	when	when	SCONJ
taxlaw-2855	303	15	promulgating	promulgate	VERB
taxlaw-2855	303	16	1.7874	1.7874	NUM
taxlaw-2855	303	17	-	-	PUNCT
taxlaw-2855	303	18	2(e	2(e	NUM
taxlaw-2855	303	19	)	)	PUNCT
taxlaw-2855	303	20	;	;	PUNCT
taxlaw-2855	303	21	instead	instead	ADV
taxlaw-2855	303	22	,	,	PUNCT
taxlaw-2855	303	23	the	the	DET
taxlaw-2855	303	24	irs	irs	PROPN
taxlaw-2855	303	25	believes	believe	VERB
taxlaw-2855	303	26	this	this	DET
taxlaw-2855	303	27	regulation	regulation	NOUN
taxlaw-2855	303	28	“	"	PUNCT
taxlaw-2855	303	29	clarified	clarify	VERB
taxlaw-2855	303	30	”	"	PUNCT
taxlaw-2855	303	31	existing	exist	VERB
taxlaw-2855	303	32	law	law	NOUN
taxlaw-2855	303	33	and	and	CCONJ
taxlaw-2855	303	34	that	that	SCONJ
taxlaw-2855	303	35	“	"	PUNCT
taxlaw-2855	303	36	the	the	DET
taxlaw-2855	303	37	operative	operative	ADJ
taxlaw-2855	303	38	rule	rule	NOUN
taxlaw-2855	303	39	.	.	PUNCT
taxlaw-2855	303	40	.	.	PUNCT
taxlaw-2855	304	1	.	.	PUNCT
taxlaw-2855	305	1	is	be	AUX
taxlaw-2855	305	2	not	not	PART
taxlaw-2855	305	3	a	a	DET
taxlaw-2855	305	4	change	change	NOUN
taxlaw-2855	305	5	from	from	ADP
taxlaw-2855	305	6	current	current	ADJ
taxlaw-2855	305	7	law	law	NOUN
taxlaw-2855	305	8	.	.	PUNCT
taxlaw-2855	306	1	”43	”43	PROPN
taxlaw-2855	306	2	we	we	PRON
taxlaw-2855	306	3	read	read	VERB
taxlaw-2855	306	4	this	this	PRON
taxlaw-2855	306	5	as	as	ADP
taxlaw-2855	306	6	applying	apply	VERB
taxlaw-2855	306	7	either	either	CCONJ
taxlaw-2855	306	8	the	the	DET
taxlaw-2855	306	9	rule	rule	NOUN
taxlaw-2855	306	10	in	in	ADP
taxlaw-2855	306	11	treasury	treasury	PROPN
taxlaw-2855	306	12	regulations	regulation	NOUN
taxlaw-2855	306	13	section	section	NOUN
taxlaw-2855	306	14	1.368	1.368	NUM
taxlaw-2855	306	15	-	-	SYM
taxlaw-2855	306	16	2(h	2(h	NUM
taxlaw-2855	306	17	)	)	PUNCT
taxlaw-2855	306	18	(	(	PUNCT
taxlaw-2855	306	19	treating	treat	VERB
taxlaw-2855	306	20	multiple	multiple	ADJ
taxlaw-2855	306	21	corporations	corporation	NOUN
taxlaw-2855	306	22	as	as	ADP
taxlaw-2855	306	23	a	a	DET
taxlaw-2855	306	24	single	single	ADJ
taxlaw-2855	306	25	corporation	corporation	NOUN
taxlaw-2855	306	26	“	"	PUNCT
taxlaw-2855	306	27	if	if	SCONJ
taxlaw-2855	306	28	the	the	DET
taxlaw-2855	306	29	context	context	NOUN
taxlaw-2855	306	30	so	so	ADV
taxlaw-2855	306	31	requires	require	VERB
taxlaw-2855	306	32	”	"	PUNCT
taxlaw-2855	306	33	)	)	PUNCT
taxlaw-2855	306	34	,	,	PUNCT
taxlaw-2855	306	35	as	as	SCONJ
taxlaw-2855	306	36	was	be	AUX
taxlaw-2855	306	37	cited	cite	VERB
taxlaw-2855	306	38	in	in	ADP
taxlaw-2855	306	39	the	the	DET
taxlaw-2855	306	40	preamble	preamble	NOUN
taxlaw-2855	306	41	to	to	ADP
taxlaw-2855	306	42	the	the	DET
taxlaw-2855	306	43	regulations	regulation	NOUN
taxlaw-2855	306	44	,	,	PUNCT
taxlaw-2855	306	45	or	or	CCONJ
taxlaw-2855	306	46	,	,	PUNCT
taxlaw-2855	306	47	more	more	ADV
taxlaw-2855	306	48	accurately	accurately	ADV
taxlaw-2855	306	49	,	,	PUNCT
taxlaw-2855	306	50	acknowledging	acknowledge	VERB
taxlaw-2855	306	51	that	that	SCONJ
taxlaw-2855	306	52	under	under	ADP
taxlaw-2855	306	53	the	the	DET
taxlaw-2855	306	54	step	step	NOUN
taxlaw-2855	306	55	transaction	transaction	NOUN
taxlaw-2855	306	56	doctrine	doctrine	NOUN
taxlaw-2855	306	57	the	the	DET
taxlaw-2855	306	58	irs	irs	PROPN
taxlaw-2855	306	59	could	could	AUX
taxlaw-2855	306	60	aggregate	aggregate	VERB
taxlaw-2855	306	61	multiple	multiple	ADJ
taxlaw-2855	306	62	acquisitions	acquisition	NOUN
taxlaw-2855	306	63	made	make	VERB
taxlaw-2855	306	64	pursuant	pursuant	ADJ
taxlaw-2855	306	65	to	to	ADP
taxlaw-2855	306	66	a	a	DET
taxlaw-2855	306	67	single	single	ADJ
taxlaw-2855	306	68	plan.44	plan.44	NOUN
taxlaw-2855	306	69	the	the	DET
taxlaw-2855	306	70	serial	serial	ADJ
taxlaw-2855	306	71	acquisition	acquisition	NOUN
taxlaw-2855	306	72	rule	rule	NOUN
taxlaw-2855	306	73	is	be	AUX
taxlaw-2855	306	74	one	one	NUM
taxlaw-2855	306	75	step	step	NOUN
taxlaw-2855	306	76	further	far	ADV
taxlaw-2855	306	77	because	because	SCONJ
taxlaw-2855	306	78	it	it	PRON
taxlaw-2855	306	79	applies	apply	VERB
taxlaw-2855	306	80	to	to	ADP
taxlaw-2855	306	81	any	any	DET
taxlaw-2855	306	82	acquisition	acquisition	NOUN
taxlaw-2855	306	83	done	do	VERB
taxlaw-2855	306	84	within	within	ADP
taxlaw-2855	306	85	the	the	DET
taxlaw-2855	306	86	relevant	relevant	ADJ
taxlaw-2855	306	87	time	time	NOUN
taxlaw-2855	306	88	period	period	NOUN
taxlaw-2855	306	89	regardless	regardless	ADV
taxlaw-2855	306	90	of	of	ADP
taxlaw-2855	306	91	whether	whether	SCONJ
taxlaw-2855	306	92	the	the	DET
taxlaw-2855	306	93	acquisitions	acquisition	NOUN
taxlaw-2855	306	94	were	be	AUX
taxlaw-2855	306	95	pursuant	pursuant	ADJ
taxlaw-2855	306	96	to	to	ADP
taxlaw-2855	306	97	a	a	DET
taxlaw-2855	306	98	plan	plan	NOUN
taxlaw-2855	306	99	.	.	PUNCT
taxlaw-2855	307	1	that	that	SCONJ
taxlaw-2855	307	2	the	the	DET
taxlaw-2855	307	3	serial	serial	ADJ
taxlaw-2855	307	4	acquisition	acquisition	NOUN
taxlaw-2855	307	5	rule	rule	NOUN
taxlaw-2855	307	6	was	be	AUX
taxlaw-2855	307	7	issued	issue	VERB
taxlaw-2855	307	8	pursuant	pursuant	ADJ
taxlaw-2855	307	9	to	to	ADP
taxlaw-2855	307	10	sections	section	NOUN
taxlaw-2855	307	11	7874(c)(6	7874(c)(6	NUM
taxlaw-2855	307	12	)	)	PUNCT
taxlaw-2855	307	13	’s	’s	NOUN
taxlaw-2855	307	14	and	and	CCONJ
taxlaw-2855	307	15	7874(g	7874(g	NOUN
taxlaw-2855	307	16	)	)	PUNCT
taxlaw-2855	307	17	’s	’s	PART
taxlaw-2855	307	18	authority	authority	NOUN
taxlaw-2855	307	19	implies	imply	VERB
taxlaw-2855	307	20	that	that	SCONJ
taxlaw-2855	307	21	the	the	DET
taxlaw-2855	307	22	irs	irs	PROPN
taxlaw-2855	307	23	believes	believe	VERB
taxlaw-2855	307	24	the	the	DET
taxlaw-2855	307	25	rule	rule	NOUN
taxlaw-2855	307	26	is	be	AUX
taxlaw-2855	307	27	not	not	PART
taxlaw-2855	307	28	a	a	DET
taxlaw-2855	307	29	“	"	PUNCT
taxlaw-2855	307	30	clarification	clarification	NOUN
taxlaw-2855	307	31	”	"	PUNCT
taxlaw-2855	307	32	of	of	ADP
taxlaw-2855	307	33	current	current	ADJ
taxlaw-2855	307	34	law	law	NOUN
taxlaw-2855	307	35	,	,	PUNCT
taxlaw-2855	307	36	and	and	CCONJ
taxlaw-2855	307	37	we	we	PRON
taxlaw-2855	307	38	agree	agree	VERB
taxlaw-2855	307	39	.	.	PUNCT
taxlaw-2855	308	1	it	it	PRON
taxlaw-2855	308	2	would	would	AUX
taxlaw-2855	308	3	be	be	AUX
taxlaw-2855	308	4	inappropriate	inappropriate	ADJ
taxlaw-2855	308	5	to	to	PART
taxlaw-2855	308	6	rely	rely	VERB
taxlaw-2855	308	7	on	on	ADP
taxlaw-2855	308	8	section	section	NOUN
taxlaw-2855	308	9	1.368	1.368	NUM
taxlaw-2855	308	10	-	-	SYM
taxlaw-2855	308	11	2(h	2(h	NUM
taxlaw-2855	308	12	)	)	PUNCT
taxlaw-2855	308	13	or	or	CCONJ
taxlaw-2855	308	14	the	the	DET
taxlaw-2855	308	15	step	step	NOUN
taxlaw-2855	308	16	transaction	transaction	NOUN
taxlaw-2855	308	17	doctrine	doctrine	NOUN
taxlaw-2855	308	18	where	where	SCONJ
taxlaw-2855	308	19	separate	separate	ADJ
taxlaw-2855	308	20	acquisitions	acquisition	NOUN
taxlaw-2855	308	21	are	be	AUX
taxlaw-2855	308	22	truly	truly	ADV
taxlaw-2855	308	23	unrelated	unrelated	ADJ
taxlaw-2855	308	24	other	other	ADJ
taxlaw-2855	308	25	than	than	ADP
taxlaw-2855	308	26	temporally	temporally	ADV
taxlaw-2855	308	27	.	.	PUNCT
taxlaw-2855	309	1	but	but	CCONJ
taxlaw-2855	309	2	that	that	PRON
taxlaw-2855	309	3	does	do	AUX
taxlaw-2855	309	4	not	not	PART
taxlaw-2855	309	5	suggest	suggest	VERB
taxlaw-2855	309	6	that	that	SCONJ
taxlaw-2855	309	7	the	the	DET
taxlaw-2855	309	8	rule	rule	NOUN
taxlaw-2855	309	9	is	be	AUX
taxlaw-2855	309	10	somehow	somehow	ADV
taxlaw-2855	309	11	inconsistent	inconsistent	ADJ
taxlaw-2855	309	12	with	with	ADP
taxlaw-2855	309	13	the	the	DET
taxlaw-2855	309	14	statute	statute	NOUN
taxlaw-2855	309	15	;	;	PUNCT
taxlaw-2855	309	16	it	it	PRON
taxlaw-2855	309	17	suggests	suggest	VERB
taxlaw-2855	309	18	that	that	SCONJ
taxlaw-2855	309	19	for	for	SCONJ
taxlaw-2855	309	20	the	the	DET
taxlaw-2855	309	21	regulation	regulation	NOUN
taxlaw-2855	309	22	to	to	PART
taxlaw-2855	309	23	be	be	AUX
taxlaw-2855	309	24	authorized	authorize	VERB
taxlaw-2855	309	25	,	,	PUNCT
taxlaw-2855	309	26	the	the	DET
taxlaw-2855	309	27	authorization	authorization	NOUN
taxlaw-2855	309	28	must	must	AUX
taxlaw-2855	309	29	come	come	VERB
taxlaw-2855	309	30	from	from	ADP
taxlaw-2855	309	31	section	section	NOUN
taxlaw-2855	309	32	7874(c)(6	7874(c)(6	NUM
taxlaw-2855	309	33	)	)	PUNCT
taxlaw-2855	309	34	or	or	CCONJ
taxlaw-2855	309	35	section	section	NOUN
taxlaw-2855	309	36	7874(g	7874(g	NOUN
taxlaw-2855	309	37	)	)	PUNCT
taxlaw-2855	309	38	.	.	PUNCT
taxlaw-2855	310	1	and	and	CCONJ
taxlaw-2855	310	2	so	so	ADV
taxlaw-2855	310	3	we	we	PRON
taxlaw-2855	310	4	must	must	AUX
taxlaw-2855	310	5	to	to	PART
taxlaw-2855	310	6	turn	turn	VERB
taxlaw-2855	310	7	to	to	ADP
taxlaw-2855	310	8	the	the	DET
taxlaw-2855	310	9	language	language	NOUN
taxlaw-2855	310	10	of	of	ADP
taxlaw-2855	310	11	those	those	DET
taxlaw-2855	310	12	sections	section	NOUN
taxlaw-2855	310	13	.	.	PUNCT
taxlaw-2855	311	1	section	section	NOUN
taxlaw-2855	311	2	7874(c)(6	7874(c)(6	NUM
taxlaw-2855	311	3	)	)	PUNCT
taxlaw-2855	311	4	grants	grant	VERB
taxlaw-2855	311	5	broader	broad	ADJ
taxlaw-2855	311	6	discretion	discretion	NOUN
taxlaw-2855	311	7	,	,	PUNCT
taxlaw-2855	311	8	but	but	CCONJ
taxlaw-2855	311	9	is	be	AUX
taxlaw-2855	311	10	narrower	narrow	ADJ
taxlaw-2855	311	11	in	in	ADP
taxlaw-2855	311	12	scope	scope	NOUN
taxlaw-2855	311	13	,	,	PUNCT
taxlaw-2855	311	14	than	than	ADP
taxlaw-2855	311	15	section	section	NOUN
taxlaw-2855	311	16	7874(g	7874(g	NOUN
taxlaw-2855	311	17	)	)	PUNCT
taxlaw-2855	311	18	.	.	PUNCT
taxlaw-2855	312	1	the	the	DET
taxlaw-2855	312	2	former	former	ADJ
taxlaw-2855	312	3	allows	allow	VERB
taxlaw-2855	312	4	the	the	DET
taxlaw-2855	312	5	irs	irs	PROPN
taxlaw-2855	312	6	to	to	PART
taxlaw-2855	312	7	issue	issue	VERB
taxlaw-2855	312	8	regulations	regulation	NOUN
taxlaw-2855	312	9	“	"	PUNCT
taxlaw-2855	312	10	as	as	SCONJ
taxlaw-2855	312	11	may	may	AUX
taxlaw-2855	312	12	be	be	AUX
taxlaw-2855	312	13	appropriate	appropriate	ADJ
taxlaw-2855	312	14	”	"	PUNCT
taxlaw-2855	312	15	,	,	PUNCT
taxlaw-2855	312	16	whereas	whereas	SCONJ
taxlaw-2855	312	17	the	the	DET
taxlaw-2855	312	18	latter	latter	NOUN
taxlaw-2855	312	19	authorizes	authorize	VERB
taxlaw-2855	312	20	regulations	regulation	NOUN
taxlaw-2855	312	21	“	"	PUNCT
taxlaw-2855	312	22	as	as	SCONJ
taxlaw-2855	312	23	are	be	AUX
taxlaw-2855	312	24	necessary	necessary	ADJ
taxlaw-2855	312	25	.	.	PUNCT
taxlaw-2855	312	26	”	"	PUNCT
taxlaw-2855	313	1	“	"	PUNCT
taxlaw-2855	313	2	as	as	SCONJ
taxlaw-2855	313	3	may	may	AUX
taxlaw-2855	313	4	be	be	AUX
taxlaw-2855	313	5	appropriate	appropriate	ADJ
taxlaw-2855	313	6	”	"	PUNCT
taxlaw-2855	313	7	gives	give	VERB
taxlaw-2855	313	8	the	the	DET
taxlaw-2855	313	9	executive	executive	NOUN
taxlaw-2855	313	10	a	a	DET
taxlaw-2855	313	11	lot	lot	NOUN
taxlaw-2855	313	12	of	of	ADP
taxlaw-2855	313	13	leeway	leeway	NOUN
taxlaw-2855	313	14	—	—	PUNCT
taxlaw-2855	313	15	the	the	DET
taxlaw-2855	313	16	regulations	regulation	NOUN
taxlaw-2855	313	17	can	can	AUX
taxlaw-2855	313	18	be	be	AUX
taxlaw-2855	313	19	appropriate	appropriate	ADJ
taxlaw-2855	313	20	,	,	PUNCT
taxlaw-2855	313	21	but	but	CCONJ
taxlaw-2855	313	22	not	not	PART
taxlaw-2855	313	23	necessary	necessary	ADJ
taxlaw-2855	313	24	,	,	PUNCT
taxlaw-2855	313	25	and	and	CCONJ
taxlaw-2855	313	26	the	the	DET
taxlaw-2855	313	27	“	"	PUNCT
taxlaw-2855	313	28	as	as	SCONJ
taxlaw-2855	313	29	may	may	AUX
taxlaw-2855	313	30	be	be	AUX
taxlaw-2855	313	31	”	"	PUNCT
taxlaw-2855	313	32	language	language	NOUN
taxlaw-2855	313	33	suggests	suggest	VERB
taxlaw-2855	313	34	that	that	SCONJ
taxlaw-2855	313	35	the	the	DET
taxlaw-2855	313	36	executive	executive	NOUN
taxlaw-2855	313	37	has	have	VERB
taxlaw-2855	313	38	quite	quite	DET
taxlaw-2855	313	39	a	a	DET
taxlaw-2855	313	40	bit	bit	NOUN
taxlaw-2855	313	41	of	of	ADP
taxlaw-2855	313	42	41	41	NUM
taxlaw-2855	313	43	for	for	ADP
taxlaw-2855	313	44	example	example	NOUN
taxlaw-2855	313	45	,	,	PUNCT
taxlaw-2855	313	46	a	a	DET
taxlaw-2855	313	47	series	series	NOUN
taxlaw-2855	313	48	of	of	ADP
taxlaw-2855	313	49	acquisitions	acquisition	NOUN
taxlaw-2855	313	50	,	,	PUNCT
taxlaw-2855	313	51	none	none	NOUN
taxlaw-2855	313	52	alone	alone	ADJ
taxlaw-2855	313	53	which	which	PRON
taxlaw-2855	313	54	constitutes	constitute	VERB
taxlaw-2855	313	55	“	"	PUNCT
taxlaw-2855	313	56	substantially	substantially	ADV
taxlaw-2855	313	57	all	all	PRON
taxlaw-2855	313	58	”	"	PUNCT
taxlaw-2855	313	59	,	,	PUNCT
taxlaw-2855	313	60	but	but	CCONJ
taxlaw-2855	313	61	in	in	ADP
taxlaw-2855	313	62	the	the	DET
taxlaw-2855	313	63	aggregate	aggregate	NOUN
taxlaw-2855	313	64	does	do	VERB
taxlaw-2855	313	65	.	.	PUNCT
taxlaw-2855	314	1	42	42	NUM
taxlaw-2855	314	2	see	see	VERB
taxlaw-2855	314	3	t.d	t.d	PROPN
taxlaw-2855	314	4	.	.	PROPN
taxlaw-2855	314	5	9591	9591	NUM
taxlaw-2855	314	6	,	,	PUNCT
taxlaw-2855	314	7	2012	2012	NUM
taxlaw-2855	314	8	-	-	SYM
taxlaw-2855	314	9	28	28	NUM
taxlaw-2855	314	10	i.r.b	i.r.b	NOUN
taxlaw-2855	314	11	.	.	PUNCT
taxlaw-2855	315	1	32	32	NUM
taxlaw-2855	315	2	,	,	PUNCT
taxlaw-2855	315	3	77	77	NUM
taxlaw-2855	315	4	fr	fr	PROPN
taxlaw-2855	315	5	34790	34790	NUM
taxlaw-2855	315	6	(	(	PUNCT
taxlaw-2855	315	7	june	june	PROPN
taxlaw-2855	315	8	12	12	NUM
taxlaw-2855	315	9	,	,	PUNCT
taxlaw-2855	315	10	2012	2012	NUM
taxlaw-2855	315	11	)	)	PUNCT
taxlaw-2855	315	12	(	(	PUNCT
taxlaw-2855	315	13	“	"	PUNCT
taxlaw-2855	315	14	[	[	X
taxlaw-2855	315	15	i]f	i]f	ADJ
taxlaw-2855	315	16	,	,	PUNCT
taxlaw-2855	315	17	pursuant	pursuant	ADJ
taxlaw-2855	315	18	to	to	ADP
taxlaw-2855	315	19	a	a	DET
taxlaw-2855	315	20	plan	plan	NOUN
taxlaw-2855	315	21	(	(	PUNCT
taxlaw-2855	315	22	or	or	CCONJ
taxlaw-2855	315	23	series	series	NOUN
taxlaw-2855	315	24	of	of	ADP
taxlaw-2855	315	25	related	related	ADJ
taxlaw-2855	315	26	transactions	transaction	NOUN
taxlaw-2855	315	27	)	)	PUNCT
taxlaw-2855	315	28	,	,	PUNCT
taxlaw-2855	315	29	a	a	DET
taxlaw-2855	315	30	foreign	foreign	ADJ
taxlaw-2855	315	31	corporation	corporation	NOUN
taxlaw-2855	315	32	completes	complete	VERB
taxlaw-2855	315	33	two	two	NUM
taxlaw-2855	315	34	or	or	CCONJ
taxlaw-2855	315	35	more	more	ADJ
taxlaw-2855	315	36	acquisitions	acquisition	NOUN
taxlaw-2855	315	37	described	describe	VERB
taxlaw-2855	315	38	in	in	ADP
taxlaw-2855	315	39	section	section	NOUN
taxlaw-2855	315	40	7874(a)(2)(b)(i	7874(a)(2)(b)(i	PROPN
taxlaw-2855	315	41	)	)	PUNCT
taxlaw-2855	315	42	involving	involve	VERB
taxlaw-2855	315	43	domestic	domestic	ADJ
taxlaw-2855	315	44	corporations	corporation	NOUN
taxlaw-2855	315	45	or	or	CCONJ
taxlaw-2855	315	46	partnerships	partnership	NOUN
taxlaw-2855	315	47	(	(	PUNCT
taxlaw-2855	315	48	domestic	domestic	ADJ
taxlaw-2855	315	49	entities	entity	NOUN
taxlaw-2855	315	50	)	)	PUNCT
taxlaw-2855	315	51	then	then	ADV
taxlaw-2855	315	52	,	,	PUNCT
taxlaw-2855	315	53	for	for	ADP
taxlaw-2855	315	54	purposes	purpose	NOUN
taxlaw-2855	315	55	of	of	ADP
taxlaw-2855	315	56	section	section	NOUN
taxlaw-2855	315	57	7874(a)(2)(b)(ii	7874(a)(2)(b)(ii	NUM
taxlaw-2855	315	58	)	)	PUNCT
taxlaw-2855	315	59	,	,	PUNCT
taxlaw-2855	315	60	the	the	DET
taxlaw-2855	315	61	acquisitions	acquisition	NOUN
taxlaw-2855	315	62	are	be	AUX
taxlaw-2855	315	63	treated	treat	VERB
taxlaw-2855	315	64	as	as	ADP
taxlaw-2855	315	65	a	a	DET
taxlaw-2855	315	66	single	single	ADJ
taxlaw-2855	315	67	acquisition	acquisition	NOUN
taxlaw-2855	315	68	and	and	CCONJ
taxlaw-2855	315	69	the	the	DET
taxlaw-2855	315	70	domestic	domestic	ADJ
taxlaw-2855	315	71	entities	entity	NOUN
taxlaw-2855	315	72	are	be	AUX
taxlaw-2855	315	73	treated	treat	VERB
taxlaw-2855	315	74	as	as	ADP
taxlaw-2855	315	75	a	a	DET
taxlaw-2855	315	76	single	single	ADJ
taxlaw-2855	315	77	domestic	domestic	ADJ
taxlaw-2855	315	78	entity	entity	NOUN
taxlaw-2855	315	79	.	.	PUNCT
taxlaw-2855	315	80	”	"	PUNCT
taxlaw-2855	315	81	)	)	PUNCT
taxlaw-2855	315	82	.	.	PUNCT
taxlaw-2855	316	1	43	43	NUM
taxlaw-2855	316	2	t.d	t.d	NOUN
taxlaw-2855	316	3	.	.	PROPN
taxlaw-2855	316	4	9453	9453	NUM
taxlaw-2855	316	5	,	,	PUNCT
taxlaw-2855	316	6	2009	2009	NUM
taxlaw-2855	316	7	-	-	SYM
taxlaw-2855	316	8	28	28	NUM
taxlaw-2855	316	9	i.r.b	i.r.b	NOUN
taxlaw-2855	316	10	114	114	NUM
taxlaw-2855	316	11	,	,	PUNCT
taxlaw-2855	316	12	74	74	NUM
taxlaw-2855	316	13	fr	fr	NUM
taxlaw-2855	316	14	27922	27922	NUM
taxlaw-2855	316	15	(	(	PUNCT
taxlaw-2855	316	16	june	june	PROPN
taxlaw-2855	316	17	12	12	NUM
taxlaw-2855	316	18	,	,	PUNCT
taxlaw-2855	316	19	2009	2009	NUM
taxlaw-2855	316	20	)	)	PUNCT
taxlaw-2855	316	21	;	;	PUNCT
taxlaw-2855	316	22	see	see	VERB
taxlaw-2855	316	23	also	also	ADV
taxlaw-2855	316	24	i	i	PROPN
taxlaw-2855	316	25	d.	d.	PROPN
taxlaw-2855	316	26	(	(	PUNCT
taxlaw-2855	316	27	“	"	PUNCT
taxlaw-2855	316	28	the	the	DET
taxlaw-2855	316	29	preamble	preamble	NOUN
taxlaw-2855	316	30	to	to	ADP
taxlaw-2855	316	31	the	the	DET
taxlaw-2855	316	32	2008	2008	NUM
taxlaw-2855	316	33	final	final	ADJ
taxlaw-2855	316	34	regulations	regulation	NOUN
taxlaw-2855	316	35	explains	explain	VERB
taxlaw-2855	316	36	that	that	SCONJ
taxlaw-2855	316	37	any	any	DET
taxlaw-2855	316	38	regulations	regulation	NOUN
taxlaw-2855	316	39	issued	issue	VERB
taxlaw-2855	316	40	would	would	AUX
taxlaw-2855	316	41	clarify	clarify	VERB
taxlaw-2855	316	42	that	that	SCONJ
taxlaw-2855	316	43	references	reference	NOUN
taxlaw-2855	316	44	in	in	ADP
taxlaw-2855	316	45	section	section	NOUN
taxlaw-2855	316	46	7874(a)(2)(b	7874(a)(2)(b	NUM
taxlaw-2855	316	47	)	)	PUNCT
taxlaw-2855	316	48	to	to	ADP
taxlaw-2855	316	49	‘	'	PUNCT
taxlaw-2855	316	50	a	a	DET
taxlaw-2855	316	51	domestic	domestic	ADJ
taxlaw-2855	316	52	corporation	corporation	NOUN
taxlaw-2855	316	53	’	'	PUNCT
taxlaw-2855	316	54	shall	shall	AUX
taxlaw-2855	316	55	,	,	PUNCT
taxlaw-2855	316	56	as	as	ADV
taxlaw-2855	316	57	appropriate	appropriate	ADJ
taxlaw-2855	316	58	,	,	PUNCT
taxlaw-2855	316	59	mean	mean	ADJ
taxlaw-2855	316	60	‘	'	PUNCT
taxlaw-2855	316	61	one	one	NUM
taxlaw-2855	316	62	or	or	CCONJ
taxlaw-2855	316	63	more	more	ADJ
taxlaw-2855	316	64	domestic	domestic	ADJ
taxlaw-2855	316	65	corporations	corporation	NOUN
taxlaw-2855	316	66	’	'	PUNCT
taxlaw-2855	316	67	where	where	SCONJ
taxlaw-2855	316	68	the	the	DET
taxlaw-2855	316	69	properties	property	NOUN
taxlaw-2855	316	70	of	of	ADP
taxlaw-2855	316	71	more	more	ADJ
taxlaw-2855	316	72	than	than	ADP
taxlaw-2855	316	73	one	one	NUM
taxlaw-2855	316	74	domestic	domestic	ADJ
taxlaw-2855	316	75	corporation	corporation	NOUN
taxlaw-2855	316	76	are	be	AUX
taxlaw-2855	316	77	,	,	PUNCT
taxlaw-2855	316	78	directly	directly	ADV
taxlaw-2855	316	79	or	or	CCONJ
taxlaw-2855	316	80	indirectly	indirectly	ADV
taxlaw-2855	316	81	,	,	PUNCT
taxlaw-2855	316	82	acquired	acquire	VERB
taxlaw-2855	316	83	by	by	ADP
taxlaw-2855	316	84	a	a	DET
taxlaw-2855	316	85	foreign	foreign	ADJ
taxlaw-2855	316	86	corporation	corporation	NOUN
taxlaw-2855	316	87	pursuant	pursuant	ADJ
taxlaw-2855	316	88	to	to	ADP
taxlaw-2855	316	89	the	the	DET
taxlaw-2855	316	90	same	same	ADJ
taxlaw-2855	316	91	plan	plan	NOUN
taxlaw-2855	316	92	.	.	PUNCT
taxlaw-2855	316	93	”	"	PUNCT
taxlaw-2855	317	1	(	(	PUNCT
taxlaw-2855	317	2	citing	cite	VERB
taxlaw-2855	317	3	26	26	NUM
taxlaw-2855	317	4	cfr	cfr	NOUN
taxlaw-2855	317	5	§	§	PROPN
taxlaw-2855	317	6	1.368	1.368	NUM
taxlaw-2855	317	7	-	-	SYM
taxlaw-2855	317	8	2(h	2(h	NUM
taxlaw-2855	317	9	)	)	PUNCT
taxlaw-2855	317	10	)	)	PUNCT
taxlaw-2855	317	11	)	)	PUNCT
taxlaw-2855	317	12	.	.	PUNCT
taxlaw-2855	318	1	44	44	NUM
taxlaw-2855	318	2	see	see	VERB
taxlaw-2855	318	3	smith	smith	PROPN
taxlaw-2855	318	4	v.	v.	PROPN
taxlaw-2855	318	5	commissioner	commissioner	PROPN
taxlaw-2855	318	6	,	,	PUNCT
taxlaw-2855	318	7	78	78	NUM
taxlaw-2855	318	8	t.c	t.c	NOUN
taxlaw-2855	318	9	.	.	PROPN
taxlaw-2855	318	10	350	350	NUM
taxlaw-2855	318	11	,	,	PUNCT
taxlaw-2855	318	12	389	389	NUM
taxlaw-2855	318	13	(	(	PUNCT
taxlaw-2855	318	14	1982	1982	NUM
taxlaw-2855	318	15	)	)	PUNCT
taxlaw-2855	318	16	(	(	PUNCT
taxlaw-2855	318	17	“	"	PUNCT
taxlaw-2855	318	18	the	the	DET
taxlaw-2855	318	19	step	step	NOUN
taxlaw-2855	318	20	transaction	transaction	NOUN
taxlaw-2855	318	21	doctrine	doctrine	NOUN
taxlaw-2855	318	22	generally	generally	ADV
taxlaw-2855	318	23	applies	apply	VERB
taxlaw-2855	318	24	in	in	ADP
taxlaw-2855	318	25	cases	case	NOUN
taxlaw-2855	318	26	where	where	SCONJ
taxlaw-2855	318	27	a	a	DET
taxlaw-2855	318	28	taxpayer	taxpayer	NOUN
taxlaw-2855	318	29	seeks	seek	VERB
taxlaw-2855	318	30	to	to	PART
taxlaw-2855	318	31	get	get	VERB
taxlaw-2855	318	32	from	from	ADP
taxlaw-2855	318	33	point	point	NOUN
taxlaw-2855	318	34	a	a	PRON
taxlaw-2855	318	35	to	to	PART
taxlaw-2855	318	36	point	point	VERB
taxlaw-2855	318	37	d	d	NOUN
taxlaw-2855	319	1	and	and	CCONJ
taxlaw-2855	319	2	does	do	AUX
taxlaw-2855	319	3	so	so	ADV
taxlaw-2855	319	4	stopping	stop	VERB
taxlaw-2855	319	5	at	at	ADP
taxlaw-2855	319	6	points	point	NOUN
taxlaw-2855	319	7	b	b	NOUN
taxlaw-2855	319	8	and	and	CCONJ
taxlaw-2855	319	9	c	c	PROPN
taxlaw-2855	319	10	in	in	ADP
taxlaw-2855	319	11	-	-	PUNCT
taxlaw-2855	319	12	between	between	NOUN
taxlaw-2855	319	13	.	.	PUNCT
taxlaw-2855	320	1	the	the	DET
taxlaw-2855	320	2	whole	whole	ADJ
taxlaw-2855	320	3	purpose	purpose	NOUN
taxlaw-2855	320	4	of	of	ADP
taxlaw-2855	320	5	the	the	DET
taxlaw-2855	320	6	unnecessary	unnecessary	ADJ
taxlaw-2855	320	7	stops	stop	NOUN
taxlaw-2855	320	8	is	be	AUX
taxlaw-2855	320	9	to	to	PART
taxlaw-2855	320	10	achieve	achieve	VERB
taxlaw-2855	320	11	tax	tax	NOUN
taxlaw-2855	320	12	consequences	consequence	NOUN
taxlaw-2855	320	13	differing	differ	VERB
taxlaw-2855	320	14	from	from	ADP
taxlaw-2855	320	15	those	those	PRON
taxlaw-2855	320	16	which	which	PRON
taxlaw-2855	320	17	a	a	DET
taxlaw-2855	320	18	direct	direct	ADJ
taxlaw-2855	320	19	path	path	NOUN
taxlaw-2855	320	20	from	from	ADP
taxlaw-2855	320	21	a	a	PRON
taxlaw-2855	320	22	to	to	NOUN
taxlaw-2855	320	23	d	d	PROPN
taxlaw-2855	320	24	would	would	AUX
taxlaw-2855	320	25	have	have	AUX
taxlaw-2855	320	26	produced	produce	VERB
taxlaw-2855	320	27	.	.	PUNCT
taxlaw-2855	321	1	in	in	ADP
taxlaw-2855	321	2	such	such	DET
taxlaw-2855	321	3	a	a	DET
taxlaw-2855	321	4	situation	situation	NOUN
taxlaw-2855	321	5	,	,	PUNCT
taxlaw-2855	321	6	courts	court	NOUN
taxlaw-2855	321	7	are	be	AUX
taxlaw-2855	321	8	not	not	PART
taxlaw-2855	321	9	bound	bind	VERB
taxlaw-2855	321	10	by	by	ADP
taxlaw-2855	321	11	the	the	DET
taxlaw-2855	321	12	twisted	twisted	ADJ
taxlaw-2855	321	13	path	path	NOUN
taxlaw-2855	321	14	taken	take	VERB
taxlaw-2855	321	15	by	by	ADP
taxlaw-2855	321	16	the	the	DET
taxlaw-2855	321	17	taxpayer	taxpayer	NOUN
taxlaw-2855	321	18	and	and	CCONJ
taxlaw-2855	321	19	the	the	DET
taxlaw-2855	321	20	intervening	intervene	VERB
taxlaw-2855	321	21	stops	stop	NOUN
taxlaw-2855	321	22	may	may	AUX
taxlaw-2855	321	23	be	be	AUX
taxlaw-2855	321	24	disregarded	disregard	VERB
taxlaw-2855	321	25	or	or	CCONJ
taxlaw-2855	321	26	rearranged	rearrange	VERB
taxlaw-2855	321	27	.	.	PUNCT
taxlaw-2855	321	28	”	"	PUNCT
taxlaw-2855	322	1	(	(	PUNCT
taxlaw-2855	322	2	citing	cite	VERB
taxlaw-2855	322	3	gregory	gregory	PROPN
taxlaw-2855	322	4	v.	v.	ADP
taxlaw-2855	322	5	helvering	helvering	PROPN
taxlaw-2855	322	6	,	,	PUNCT
taxlaw-2855	322	7	293	293	NUM
taxlaw-2855	322	8	u.s	u.s	PROPN
taxlaw-2855	322	9	.	.	PROPN
taxlaw-2855	322	10	465	465	NUM
taxlaw-2855	322	11	(	(	PUNCT
taxlaw-2855	322	12	1935	1935	NUM
taxlaw-2855	322	13	)	)	PUNCT
taxlaw-2855	322	14	)	)	PUNCT
taxlaw-2855	322	15	)	)	PUNCT
taxlaw-2855	322	16	.	.	PUNCT
taxlaw-2855	323	1	342	342	NUM
taxlaw-2855	323	2	columbia	columbia	PROPN
taxlaw-2855	323	3	journal	journal	PROPN
taxlaw-2855	323	4	of	of	ADP
taxlaw-2855	323	5	tax	tax	NOUN
taxlaw-2855	323	6	law	law	NOUN
taxlaw-2855	323	7	[	[	X
taxlaw-2855	323	8	vol.8:326	vol.8:326	PROPN
taxlaw-2855	323	9	room	room	NOUN
taxlaw-2855	323	10	to	to	PART
taxlaw-2855	323	11	decide	decide	VERB
taxlaw-2855	323	12	what	what	PRON
taxlaw-2855	323	13	is	be	AUX
taxlaw-2855	323	14	appropriate	appropriate	ADJ
taxlaw-2855	323	15	(	(	PUNCT
taxlaw-2855	323	16	although	although	SCONJ
taxlaw-2855	323	17	chevron	chevron	ADJ
taxlaw-2855	323	18	deference	deference	NOUN
taxlaw-2855	323	19	likely	likely	ADV
taxlaw-2855	323	20	grants	grant	VERB
taxlaw-2855	323	21	the	the	DET
taxlaw-2855	323	22	executive	executive	ADJ
taxlaw-2855	323	23	such	such	ADJ
taxlaw-2855	323	24	power	power	NOUN
taxlaw-2855	323	25	in	in	ADP
taxlaw-2855	323	26	any	any	DET
taxlaw-2855	323	27	event).45	event).45	NOUN
taxlaw-2855	323	28	but	but	CCONJ
taxlaw-2855	323	29	section	section	NOUN
taxlaw-2855	323	30	7874(c)(6	7874(c)(6	NUM
taxlaw-2855	323	31	)	)	PUNCT
taxlaw-2855	323	32	regulations	regulation	NOUN
taxlaw-2855	323	33	are	be	AUX
taxlaw-2855	323	34	limited	limit	VERB
taxlaw-2855	323	35	to	to	ADP
taxlaw-2855	323	36	determining	determine	VERB
taxlaw-2855	323	37	whether	whether	SCONJ
taxlaw-2855	323	38	a	a	DET
taxlaw-2855	323	39	corporation	corporation	NOUN
taxlaw-2855	323	40	is	be	AUX
taxlaw-2855	323	41	a	a	DET
taxlaw-2855	323	42	surrogate	surrogate	ADJ
taxlaw-2855	323	43	foreign	foreign	ADJ
taxlaw-2855	323	44	corporation	corporation	NOUN
taxlaw-2855	323	45	,	,	PUNCT
taxlaw-2855	323	46	whereas	whereas	SCONJ
taxlaw-2855	323	47	the	the	DET
taxlaw-2855	323	48	irs	irs	PROPN
taxlaw-2855	323	49	can	can	AUX
taxlaw-2855	323	50	issue	issue	VERB
taxlaw-2855	323	51	regulations	regulation	NOUN
taxlaw-2855	323	52	under	under	ADP
taxlaw-2855	323	53	section	section	NOUN
taxlaw-2855	323	54	7874(g	7874(g	NOUN
taxlaw-2855	323	55	)	)	PUNCT
taxlaw-2855	323	56	“	"	PUNCT
taxlaw-2855	323	57	to	to	PART
taxlaw-2855	323	58	carry	carry	VERB
taxlaw-2855	323	59	out	out	ADP
taxlaw-2855	323	60	this	this	DET
taxlaw-2855	323	61	section	section	NOUN
taxlaw-2855	323	62	[	[	X
taxlaw-2855	323	63	7874	7874	NUM
taxlaw-2855	323	64	]	]	PUNCT
taxlaw-2855	323	65	.	.	PUNCT
taxlaw-2855	323	66	”	"	PUNCT
taxlaw-2855	324	1	since	since	SCONJ
taxlaw-2855	324	2	the	the	DET
taxlaw-2855	324	3	regulations	regulation	NOUN
taxlaw-2855	324	4	determine	determine	VERB
taxlaw-2855	324	5	whether	whether	SCONJ
taxlaw-2855	324	6	a	a	DET
taxlaw-2855	324	7	corporation	corporation	NOUN
taxlaw-2855	324	8	is	be	AUX
taxlaw-2855	324	9	a	a	DET
taxlaw-2855	324	10	surrogate	surrogate	ADJ
taxlaw-2855	324	11	foreign	foreign	ADJ
taxlaw-2855	324	12	corporation	corporation	NOUN
taxlaw-2855	324	13	by	by	ADP
taxlaw-2855	324	14	treating	treat	VERB
taxlaw-2855	324	15	stock	stock	NOUN
taxlaw-2855	324	16	attributable	attributable	ADJ
taxlaw-2855	324	17	to	to	ADP
taxlaw-2855	324	18	a	a	DET
taxlaw-2855	324	19	previous	previous	ADJ
taxlaw-2855	324	20	domestic	domestic	ADJ
taxlaw-2855	324	21	entity	entity	NOUN
taxlaw-2855	324	22	acquisition	acquisition	NOUN
taxlaw-2855	324	23	as	as	ADP
taxlaw-2855	324	24	“	"	PUNCT
taxlaw-2855	324	25	not	not	PART
taxlaw-2855	324	26	stock	stock	NOUN
taxlaw-2855	324	27	”	"	PUNCT
taxlaw-2855	324	28	,	,	PUNCT
taxlaw-2855	324	29	which	which	PRON
taxlaw-2855	324	30	is	be	AUX
taxlaw-2855	324	31	specifically	specifically	ADV
taxlaw-2855	324	32	authorized	authorize	VERB
taxlaw-2855	324	33	in	in	ADP
taxlaw-2855	324	34	section	section	NOUN
taxlaw-2855	324	35	7874(c)(6)(b	7874(c)(6)(b	NUM
taxlaw-2855	324	36	)	)	PUNCT
taxlaw-2855	324	37	,	,	PUNCT
taxlaw-2855	324	38	the	the	DET
taxlaw-2855	324	39	regulations	regulation	NOUN
taxlaw-2855	324	40	come	come	VERB
taxlaw-2855	324	41	within	within	ADP
taxlaw-2855	324	42	the	the	DET
taxlaw-2855	324	43	narrower	narrow	ADJ
taxlaw-2855	324	44	scope	scope	NOUN
taxlaw-2855	324	45	,	,	PUNCT
taxlaw-2855	324	46	but	but	CCONJ
taxlaw-2855	324	47	broader	broad	ADJ
taxlaw-2855	324	48	discretion	discretion	NOUN
taxlaw-2855	324	49	of	of	ADP
taxlaw-2855	324	50	section	section	NOUN
taxlaw-2855	324	51	7874(c)(6	7874(c)(6	NUM
taxlaw-2855	324	52	)	)	PUNCT
taxlaw-2855	324	53	.	.	PUNCT
taxlaw-2855	325	1	we	we	PRON
taxlaw-2855	325	2	begin	begin	VERB
taxlaw-2855	325	3	again	again	ADV
taxlaw-2855	325	4	with	with	ADP
taxlaw-2855	325	5	an	an	DET
taxlaw-2855	325	6	example	example	NOUN
taxlaw-2855	325	7	of	of	ADP
taxlaw-2855	325	8	a	a	DET
taxlaw-2855	325	9	hypothetical	hypothetical	ADJ
taxlaw-2855	325	10	regulation	regulation	NOUN
taxlaw-2855	325	11	that	that	PRON
taxlaw-2855	325	12	would	would	AUX
taxlaw-2855	325	13	be	be	AUX
taxlaw-2855	325	14	unauthorized	unauthorized	ADJ
taxlaw-2855	325	15	under	under	ADP
taxlaw-2855	325	16	section	section	NOUN
taxlaw-2855	325	17	7874(c)(6	7874(c)(6	NUM
taxlaw-2855	325	18	)	)	PUNCT
taxlaw-2855	325	19	,	,	PUNCT
taxlaw-2855	325	20	despite	despite	SCONJ
taxlaw-2855	325	21	the	the	DET
taxlaw-2855	325	22	section	section	NOUN
taxlaw-2855	325	23	’s	’s	PART
taxlaw-2855	325	24	broad	broad	ADJ
taxlaw-2855	325	25	grant	grant	NOUN
taxlaw-2855	325	26	of	of	ADP
taxlaw-2855	325	27	authority	authority	NOUN
taxlaw-2855	325	28	.	.	PUNCT
taxlaw-2855	326	1	suppose	suppose	VERB
taxlaw-2855	326	2	the	the	DET
taxlaw-2855	326	3	irs	irs	PROPN
taxlaw-2855	326	4	issued	issue	VERB
taxlaw-2855	326	5	a	a	DET
taxlaw-2855	326	6	regulation	regulation	NOUN
taxlaw-2855	326	7	,	,	PUNCT
taxlaw-2855	326	8	the	the	DET
taxlaw-2855	326	9	preamble	preamble	NOUN
taxlaw-2855	326	10	to	to	PART
taxlaw-2855	326	11	which	which	PRON
taxlaw-2855	326	12	stated	state	VERB
taxlaw-2855	326	13	that	that	SCONJ
taxlaw-2855	326	14	in	in	ADP
taxlaw-2855	326	15	addition	addition	NOUN
taxlaw-2855	326	16	to	to	ADP
taxlaw-2855	326	17	the	the	DET
taxlaw-2855	326	18	specific	specific	ADJ
taxlaw-2855	326	19	stock	stock	NOUN
taxlaw-2855	326	20	exclusion	exclusion	NOUN
taxlaw-2855	326	21	rules	rule	NOUN
taxlaw-2855	326	22	set	set	VERB
taxlaw-2855	326	23	forth	forth	ADP
taxlaw-2855	326	24	in	in	ADP
taxlaw-2855	326	25	the	the	DET
taxlaw-2855	326	26	section	section	NOUN
taxlaw-2855	326	27	7874	7874	NUM
taxlaw-2855	326	28	regulations	regulation	NOUN
taxlaw-2855	326	29	,	,	PUNCT
taxlaw-2855	326	30	the	the	DET
taxlaw-2855	326	31	irs	irs	PROPN
taxlaw-2855	326	32	has	have	AUX
taxlaw-2855	326	33	determined	determine	VERB
taxlaw-2855	326	34	that	that	SCONJ
taxlaw-2855	326	35	taxpayers	taxpayer	NOUN
taxlaw-2855	326	36	are	be	AUX
taxlaw-2855	326	37	implementing	implement	VERB
taxlaw-2855	326	38	many	many	ADJ
taxlaw-2855	326	39	other	other	ADJ
taxlaw-2855	326	40	transactions	transaction	NOUN
taxlaw-2855	326	41	that	that	PRON
taxlaw-2855	326	42	have	have	VERB
taxlaw-2855	326	43	the	the	DET
taxlaw-2855	326	44	effect	effect	NOUN
taxlaw-2855	326	45	of	of	ADP
taxlaw-2855	326	46	increasing	increase	VERB
taxlaw-2855	326	47	the	the	DET
taxlaw-2855	326	48	denominator	denominator	NOUN
taxlaw-2855	326	49	of	of	ADP
taxlaw-2855	326	50	the	the	DET
taxlaw-2855	326	51	ownership	ownership	NOUN
taxlaw-2855	326	52	fraction	fraction	NOUN
taxlaw-2855	326	53	in	in	ADP
taxlaw-2855	326	54	a	a	DET
taxlaw-2855	326	55	manner	manner	NOUN
taxlaw-2855	326	56	inconsistent	inconsistent	ADJ
taxlaw-2855	326	57	with	with	ADP
taxlaw-2855	326	58	the	the	DET
taxlaw-2855	326	59	purpose	purpose	NOUN
taxlaw-2855	326	60	of	of	ADP
taxlaw-2855	326	61	section	section	NOUN
taxlaw-2855	326	62	7874	7874	NUM
taxlaw-2855	326	63	.	.	PUNCT
taxlaw-2855	327	1	in	in	ADP
taxlaw-2855	327	2	order	order	NOUN
taxlaw-2855	327	3	to	to	PART
taxlaw-2855	327	4	combat	combat	VERB
taxlaw-2855	327	5	these	these	DET
taxlaw-2855	327	6	transactions	transaction	NOUN
taxlaw-2855	327	7	(	(	PUNCT
taxlaw-2855	327	8	which	which	PRON
taxlaw-2855	327	9	are	be	AUX
taxlaw-2855	327	10	too	too	ADV
taxlaw-2855	327	11	varied	varied	ADJ
taxlaw-2855	327	12	and	and	CCONJ
taxlaw-2855	327	13	creative	creative	ADJ
taxlaw-2855	327	14	to	to	PART
taxlaw-2855	327	15	tailor	tailor	VERB
taxlaw-2855	327	16	specific	specific	ADJ
taxlaw-2855	327	17	rules	rule	NOUN
taxlaw-2855	327	18	in	in	ADP
taxlaw-2855	327	19	response	response	NOUN
taxlaw-2855	327	20	)	)	PUNCT
taxlaw-2855	327	21	,	,	PUNCT
taxlaw-2855	327	22	the	the	DET
taxlaw-2855	327	23	irs	irs	PROPN
taxlaw-2855	327	24	is	be	AUX
taxlaw-2855	327	25	going	go	VERB
taxlaw-2855	327	26	to	to	PART
taxlaw-2855	327	27	automatically	automatically	ADV
taxlaw-2855	327	28	discount	discount	VERB
taxlaw-2855	327	29	the	the	DET
taxlaw-2855	327	30	denominator	denominator	NOUN
taxlaw-2855	327	31	by	by	ADP
taxlaw-2855	327	32	25	25	NUM
taxlaw-2855	327	33	%	%	NOUN
taxlaw-2855	327	34	.	.	PUNCT
taxlaw-2855	328	1	the	the	DET
taxlaw-2855	328	2	preamble	preamble	NOUN
taxlaw-2855	328	3	might	might	AUX
taxlaw-2855	328	4	further	far	ADV
taxlaw-2855	328	5	declare	declare	VERB
taxlaw-2855	328	6	that	that	SCONJ
taxlaw-2855	328	7	this	this	DET
taxlaw-2855	328	8	rule	rule	NOUN
taxlaw-2855	328	9	,	,	PUNCT
taxlaw-2855	328	10	while	while	SCONJ
taxlaw-2855	328	11	not	not	PART
taxlaw-2855	328	12	perfectly	perfectly	ADV
taxlaw-2855	328	13	precise	precise	ADJ
taxlaw-2855	328	14	,	,	PUNCT
taxlaw-2855	328	15	is	be	AUX
taxlaw-2855	328	16	adopted	adopt	VERB
taxlaw-2855	328	17	as	as	ADP
taxlaw-2855	328	18	a	a	DET
taxlaw-2855	328	19	matter	matter	NOUN
taxlaw-2855	328	20	of	of	ADP
taxlaw-2855	328	21	administrative	administrative	ADJ
taxlaw-2855	328	22	convenience	convenience	NOUN
taxlaw-2855	328	23	in	in	ADP
taxlaw-2855	328	24	light	light	NOUN
taxlaw-2855	328	25	of	of	ADP
taxlaw-2855	328	26	taxpayers	taxpayer	NOUN
taxlaw-2855	328	27	’	'	PUNCT
taxlaw-2855	328	28	attempts	attempt	VERB
taxlaw-2855	328	29	at	at	ADP
taxlaw-2855	328	30	manipulating	manipulate	VERB
taxlaw-2855	328	31	the	the	DET
taxlaw-2855	328	32	ownership	ownership	NOUN
taxlaw-2855	328	33	fraction	fraction	NOUN
taxlaw-2855	328	34	.	.	PUNCT
taxlaw-2855	329	1	(	(	PUNCT
taxlaw-2855	329	2	indeed	indeed	ADV
taxlaw-2855	329	3	,	,	PUNCT
taxlaw-2855	329	4	the	the	DET
taxlaw-2855	329	5	irs	irs	PROPN
taxlaw-2855	329	6	has	have	AUX
taxlaw-2855	329	7	recently	recently	ADV
taxlaw-2855	329	8	offered	offer	VERB
taxlaw-2855	329	9	this	this	DET
taxlaw-2855	329	10	justification	justification	NOUN
taxlaw-2855	329	11	in	in	ADP
taxlaw-2855	329	12	a	a	DET
taxlaw-2855	329	13	number	number	NOUN
taxlaw-2855	329	14	of	of	ADP
taxlaw-2855	329	15	contexts	context	NOUN
taxlaw-2855	329	16	,	,	PUNCT
taxlaw-2855	329	17	some	some	PRON
taxlaw-2855	329	18	of	of	ADP
taxlaw-2855	329	19	which	which	PRON
taxlaw-2855	329	20	raise	raise	VERB
taxlaw-2855	329	21	similar	similar	ADJ
taxlaw-2855	329	22	questions	question	NOUN
taxlaw-2855	329	23	of	of	ADP
taxlaw-2855	329	24	authority	authority	NOUN
taxlaw-2855	329	25	.	.	PUNCT
taxlaw-2855	329	26	)	)	PUNCT
taxlaw-2855	330	1	the	the	DET
taxlaw-2855	330	2	effect	effect	NOUN
taxlaw-2855	330	3	of	of	ADP
taxlaw-2855	330	4	this	this	DET
taxlaw-2855	330	5	regulation	regulation	NOUN
taxlaw-2855	330	6	,	,	PUNCT
taxlaw-2855	330	7	of	of	ADP
taxlaw-2855	330	8	course	course	NOUN
taxlaw-2855	330	9	,	,	PUNCT
taxlaw-2855	330	10	would	would	AUX
taxlaw-2855	330	11	be	be	AUX
taxlaw-2855	330	12	to	to	PART
taxlaw-2855	330	13	lower	lower	VERB
taxlaw-2855	330	14	the	the	DET
taxlaw-2855	330	15	statutory	statutory	ADJ
taxlaw-2855	330	16	percentage	percentage	NOUN
taxlaw-2855	330	17	thresholds	threshold	NOUN
taxlaw-2855	330	18	in	in	ADP
taxlaw-2855	330	19	section	section	NOUN
taxlaw-2855	330	20	7874	7874	NUM
taxlaw-2855	330	21	(	(	PUNCT
taxlaw-2855	330	22	and	and	CCONJ
taxlaw-2855	330	23	increase	increase	VERB
taxlaw-2855	330	24	a	a	DET
taxlaw-2855	330	25	60	60	NUM
taxlaw-2855	330	26	%	%	NOUN
taxlaw-2855	330	27	ownership	ownership	NOUN
taxlaw-2855	330	28	percentage	percentage	NOUN
taxlaw-2855	330	29	to	to	ADP
taxlaw-2855	330	30	80	80	NUM
taxlaw-2855	330	31	%	%	NOUN
taxlaw-2855	330	32	)	)	PUNCT
taxlaw-2855	330	33	.	.	PUNCT
taxlaw-2855	331	1	that	that	DET
taxlaw-2855	331	2	regulation	regulation	NOUN
taxlaw-2855	331	3	would	would	AUX
taxlaw-2855	331	4	fail	fail	VERB
taxlaw-2855	331	5	because	because	SCONJ
taxlaw-2855	331	6	it	it	PRON
taxlaw-2855	331	7	would	would	AUX
taxlaw-2855	331	8	be	be	AUX
taxlaw-2855	331	9	a	a	DET
taxlaw-2855	331	10	backhanded	backhanded	ADJ
taxlaw-2855	331	11	way	way	NOUN
taxlaw-2855	331	12	of	of	ADP
taxlaw-2855	331	13	rewriting	rewrite	VERB
taxlaw-2855	331	14	section	section	NOUN
taxlaw-2855	331	15	7874	7874	NUM
taxlaw-2855	331	16	.	.	PUNCT
taxlaw-2855	332	1	does	do	AUX
taxlaw-2855	332	2	the	the	DET
taxlaw-2855	332	3	serial	serial	ADJ
taxlaw-2855	332	4	acquisition	acquisition	NOUN
taxlaw-2855	332	5	rule	rule	NOUN
taxlaw-2855	332	6	similarly	similarly	ADV
taxlaw-2855	332	7	rewrite	rewrite	VERB
taxlaw-2855	332	8	section	section	NOUN
taxlaw-2855	332	9	7874	7874	NUM
taxlaw-2855	332	10	in	in	ADP
taxlaw-2855	332	11	any	any	DET
taxlaw-2855	332	12	manner	manner	NOUN
taxlaw-2855	332	13	?	?	PUNCT
taxlaw-2855	333	1	we	we	PRON
taxlaw-2855	333	2	believe	believe	VERB
taxlaw-2855	333	3	the	the	DET
taxlaw-2855	333	4	answer	answer	NOUN
taxlaw-2855	333	5	is	be	AUX
taxlaw-2855	333	6	no	no	PRON
taxlaw-2855	333	7	.	.	PUNCT
taxlaw-2855	334	1	congress	congress	PROPN
taxlaw-2855	334	2	identified	identify	VERB
taxlaw-2855	334	3	a	a	DET
taxlaw-2855	334	4	specific	specific	ADJ
taxlaw-2855	334	5	abuse	abuse	NOUN
taxlaw-2855	334	6	in	in	ADP
taxlaw-2855	334	7	adding	add	VERB
taxlaw-2855	334	8	the	the	DET
taxlaw-2855	334	9	“	"	PUNCT
taxlaw-2855	334	10	pursuant	pursuant	NOUN
taxlaw-2855	334	11	to	to	ADP
taxlaw-2855	334	12	a	a	DET
taxlaw-2855	334	13	plan	plan	NOUN
taxlaw-2855	334	14	”	"	PUNCT
taxlaw-2855	334	15	language	language	NOUN
taxlaw-2855	334	16	in	in	ADP
taxlaw-2855	334	17	section	section	NOUN
taxlaw-2855	334	18	7874(b)—a	7874(b)—a	NUM
taxlaw-2855	334	19	taxpayer	taxpayer	NOUN
taxlaw-2855	334	20	should	should	AUX
taxlaw-2855	334	21	not	not	PART
taxlaw-2855	334	22	be	be	AUX
taxlaw-2855	334	23	able	able	ADJ
taxlaw-2855	334	24	to	to	PART
taxlaw-2855	334	25	avoid	avoid	VERB
taxlaw-2855	334	26	section	section	NOUN
taxlaw-2855	334	27	7874	7874	NUM
taxlaw-2855	334	28	by	by	ADP
taxlaw-2855	334	29	structuring	structure	VERB
taxlaw-2855	334	30	one	one	NUM
taxlaw-2855	334	31	or	or	CCONJ
taxlaw-2855	334	32	more	more	ADV
taxlaw-2855	334	33	related	related	ADJ
taxlaw-2855	334	34	acquisitions	acquisition	NOUN
taxlaw-2855	334	35	as	as	ADP
taxlaw-2855	334	36	separate	separate	ADJ
taxlaw-2855	334	37	transactions	transaction	NOUN
taxlaw-2855	334	38	.	.	PUNCT
taxlaw-2855	335	1	that	that	PRON
taxlaw-2855	335	2	does	do	AUX
taxlaw-2855	335	3	not	not	PART
taxlaw-2855	335	4	mean	mean	VERB
taxlaw-2855	335	5	that	that	SCONJ
taxlaw-2855	335	6	congress	congress	PROPN
taxlaw-2855	335	7	viewed	view	VERB
taxlaw-2855	335	8	multiple	multiple	ADJ
taxlaw-2855	335	9	transactions	transaction	NOUN
taxlaw-2855	335	10	that	that	PRON
taxlaw-2855	335	11	are	be	AUX
taxlaw-2855	335	12	not	not	PART
taxlaw-2855	335	13	pursuant	pursuant	ADJ
taxlaw-2855	335	14	to	to	ADP
taxlaw-2855	335	15	a	a	DET
taxlaw-2855	335	16	plan	plan	NOUN
taxlaw-2855	335	17	as	as	ADP
taxlaw-2855	335	18	per	per	ADV
taxlaw-2855	335	19	se	se	X
taxlaw-2855	335	20	not	not	PART
taxlaw-2855	335	21	in	in	ADP
taxlaw-2855	335	22	avoidance	avoidance	NOUN
taxlaw-2855	335	23	of	of	ADP
taxlaw-2855	335	24	the	the	DET
taxlaw-2855	335	25	purposes	purpose	NOUN
taxlaw-2855	335	26	of	of	ADP
taxlaw-2855	335	27	section	section	NOUN
taxlaw-2855	335	28	7874	7874	NUM
taxlaw-2855	335	29	.	.	PUNCT
taxlaw-2855	336	1	a	a	DET
taxlaw-2855	336	2	foreign	foreign	ADJ
taxlaw-2855	336	3	corporation	corporation	NOUN
taxlaw-2855	336	4	could	could	AUX
taxlaw-2855	336	5	have	have	VERB
taxlaw-2855	336	6	a	a	DET
taxlaw-2855	336	7	plan	plan	NOUN
taxlaw-2855	336	8	to	to	PART
taxlaw-2855	336	9	acquire	acquire	VERB
taxlaw-2855	336	10	smaller	small	ADJ
taxlaw-2855	336	11	u.s	u.s	PROPN
taxlaw-2855	336	12	.	.	PROPN
taxlaw-2855	336	13	companies	company	NOUN
taxlaw-2855	336	14	,	,	PUNCT
taxlaw-2855	336	15	growing	grow	VERB
taxlaw-2855	336	16	in	in	ADP
taxlaw-2855	336	17	size	size	NOUN
taxlaw-2855	336	18	until	until	SCONJ
taxlaw-2855	336	19	the	the	DET
taxlaw-2855	336	20	foreign	foreign	ADJ
taxlaw-2855	336	21	corporation	corporation	NOUN
taxlaw-2855	336	22	could	could	AUX
taxlaw-2855	336	23	acquire	acquire	VERB
taxlaw-2855	336	24	larger	large	ADJ
taxlaw-2855	336	25	and	and	CCONJ
taxlaw-2855	336	26	larger	large	ADJ
taxlaw-2855	336	27	u.s	u.s	PROPN
taxlaw-2855	336	28	.	.	PROPN
taxlaw-2855	336	29	companies	company	NOUN
taxlaw-2855	336	30	without	without	ADP
taxlaw-2855	336	31	triggering	trigger	VERB
taxlaw-2855	336	32	the	the	DET
taxlaw-2855	336	33	relevant	relevant	ADJ
taxlaw-2855	336	34	ownership	ownership	NOUN
taxlaw-2855	336	35	thresholds	threshold	NOUN
taxlaw-2855	336	36	.	.	PUNCT
taxlaw-2855	337	1	this	this	DET
taxlaw-2855	337	2	scheme	scheme	NOUN
taxlaw-2855	337	3	might	might	AUX
taxlaw-2855	337	4	not	not	PART
taxlaw-2855	337	5	fall	fall	VERB
taxlaw-2855	337	6	within	within	ADP
taxlaw-2855	337	7	section	section	NOUN
taxlaw-2855	337	8	7874(b	7874(b	NOUN
taxlaw-2855	337	9	)	)	PUNCT
taxlaw-2855	337	10	’s	’	VERB
taxlaw-2855	337	11	“	"	PUNCT
taxlaw-2855	337	12	pursuant	pursuant	ADJ
taxlaw-2855	337	13	to	to	ADP
taxlaw-2855	337	14	a	a	DET
taxlaw-2855	337	15	plan	plan	NOUN
taxlaw-2855	337	16	”	"	PUNCT
taxlaw-2855	337	17	definition	definition	NOUN
taxlaw-2855	337	18	because	because	SCONJ
taxlaw-2855	337	19	the	the	DET
taxlaw-2855	337	20	foreign	foreign	ADJ
taxlaw-2855	337	21	corporation	corporation	NOUN
taxlaw-2855	337	22	’s	’s	PART
taxlaw-2855	337	23	successive	successive	ADJ
taxlaw-2855	337	24	targets	target	NOUN
taxlaw-2855	337	25	may	may	AUX
taxlaw-2855	337	26	not	not	PART
taxlaw-2855	337	27	have	have	AUX
taxlaw-2855	337	28	been	be	AUX
taxlaw-2855	337	29	identified	identify	VERB
taxlaw-2855	337	30	at	at	ADP
taxlaw-2855	337	31	the	the	DET
taxlaw-2855	337	32	time	time	NOUN
taxlaw-2855	337	33	of	of	ADP
taxlaw-2855	337	34	previous	previous	ADJ
taxlaw-2855	337	35	transactions	transaction	NOUN
taxlaw-2855	337	36	.	.	PUNCT
taxlaw-2855	338	1	nevertheless	nevertheless	ADV
taxlaw-2855	338	2	,	,	PUNCT
taxlaw-2855	338	3	one	one	PRON
taxlaw-2855	338	4	might	might	AUX
taxlaw-2855	338	5	still	still	ADV
taxlaw-2855	338	6	consider	consider	VERB
taxlaw-2855	338	7	such	such	DET
taxlaw-2855	338	8	a	a	DET
taxlaw-2855	338	9	fact	fact	NOUN
taxlaw-2855	338	10	pattern	pattern	NOUN
taxlaw-2855	338	11	as	as	ADP
taxlaw-2855	338	12	inconsistent	inconsistent	ADJ
taxlaw-2855	338	13	with	with	ADP
taxlaw-2855	338	14	the	the	DET
taxlaw-2855	338	15	purpose	purpose	NOUN
taxlaw-2855	338	16	of	of	ADP
taxlaw-2855	338	17	section	section	NOUN
taxlaw-2855	338	18	7874	7874	NUM
taxlaw-2855	338	19	.	.	PUNCT
taxlaw-2855	339	1	the	the	DET
taxlaw-2855	339	2	fact	fact	NOUN
taxlaw-2855	339	3	that	that	SCONJ
taxlaw-2855	339	4	congress	congress	PROPN
taxlaw-2855	339	5	identifies	identify	VERB
taxlaw-2855	339	6	a	a	DET
taxlaw-2855	339	7	specific	specific	ADJ
taxlaw-2855	339	8	abuse	abuse	NOUN
taxlaw-2855	339	9	and	and	CCONJ
taxlaw-2855	339	10	targets	target	NOUN
taxlaw-2855	339	11	such	such	ADJ
taxlaw-2855	339	12	abuse	abuse	NOUN
taxlaw-2855	339	13	in	in	ADP
taxlaw-2855	339	14	the	the	DET
taxlaw-2855	339	15	statute	statute	NOUN
taxlaw-2855	339	16	does	do	AUX
taxlaw-2855	339	17	not	not	PART
taxlaw-2855	339	18	preclude	preclude	VERB
taxlaw-2855	339	19	an	an	DET
taxlaw-2855	339	20	agency	agency	NOUN
taxlaw-2855	339	21	from	from	ADP
taxlaw-2855	339	22	regulating	regulate	VERB
taxlaw-2855	339	23	other	other	ADJ
taxlaw-2855	339	24	situations	situation	NOUN
taxlaw-2855	339	25	the	the	DET
taxlaw-2855	339	26	agency	agency	NOUN
taxlaw-2855	339	27	finds	find	VERB
taxlaw-2855	339	28	abusive	abusive	ADJ
taxlaw-2855	339	29	,	,	PUNCT
taxlaw-2855	339	30	particularly	particularly	ADV
taxlaw-2855	339	31	where	where	SCONJ
taxlaw-2855	339	32	congress	congress	PROPN
taxlaw-2855	339	33	has	have	AUX
taxlaw-2855	339	34	granted	grant	VERB
taxlaw-2855	339	35	broad	broad	ADJ
taxlaw-2855	339	36	anti	anti	ADJ
taxlaw-2855	339	37	-	-	ADJ
taxlaw-2855	339	38	abuse	abuse	ADJ
taxlaw-2855	339	39	rulemaking	rulemaking	NOUN
taxlaw-2855	339	40	authority	authority	NOUN
taxlaw-2855	339	41	and	and	CCONJ
taxlaw-2855	339	42	congress	congress	PROPN
taxlaw-2855	339	43	has	have	AUX
taxlaw-2855	339	44	not	not	PART
taxlaw-2855	339	45	directly	directly	ADV
taxlaw-2855	339	46	commanded	command	VERB
taxlaw-2855	339	47	otherwise	otherwise	ADV
taxlaw-2855	339	48	with	with	ADP
taxlaw-2855	339	49	respect	respect	NOUN
taxlaw-2855	339	50	to	to	ADP
taxlaw-2855	339	51	the	the	DET
taxlaw-2855	339	52	relevant	relevant	ADJ
taxlaw-2855	339	53	situation	situation	NOUN
taxlaw-2855	339	54	.	.	PUNCT
taxlaw-2855	340	1	serial	serial	ADJ
taxlaw-2855	340	2	inversions	inversion	NOUN
taxlaw-2855	340	3	were	be	AUX
taxlaw-2855	340	4	a	a	DET
taxlaw-2855	340	5	likely	likely	ADJ
taxlaw-2855	340	6	target	target	NOUN
taxlaw-2855	340	7	of	of	ADP
taxlaw-2855	340	8	any	any	DET
taxlaw-2855	340	9	irs	irs	PROPN
taxlaw-2855	340	10	action	action	NOUN
taxlaw-2855	340	11	and	and	CCONJ
taxlaw-2855	340	12	there	there	PRON
taxlaw-2855	340	13	were	be	VERB
taxlaw-2855	340	14	a	a	DET
taxlaw-2855	340	15	number	number	NOUN
taxlaw-2855	340	16	of	of	ADP
taxlaw-2855	340	17	ways	way	NOUN
taxlaw-2855	340	18	the	the	DET
taxlaw-2855	340	19	irs	irs	PROPN
taxlaw-2855	340	20	could	could	AUX
taxlaw-2855	340	21	have	have	AUX
taxlaw-2855	340	22	attacked	attack	VERB
taxlaw-2855	340	23	the	the	DET
taxlaw-2855	340	24	issue	issue	NOUN
taxlaw-2855	340	25	.	.	PUNCT
taxlaw-2855	341	1	for	for	ADP
taxlaw-2855	341	2	example	example	NOUN
taxlaw-2855	341	3	,	,	PUNCT
taxlaw-2855	341	4	the	the	DET
taxlaw-2855	341	5	irs	irs	PROPN
taxlaw-2855	341	6	could	could	AUX
taxlaw-2855	341	7	have	have	AUX
taxlaw-2855	341	8	adjusted	adjust	VERB
taxlaw-2855	341	9	the	the	DET
taxlaw-2855	341	10	numerator	numerator	NOUN
taxlaw-2855	341	11	of	of	ADP
taxlaw-2855	341	12	the	the	DET
taxlaw-2855	341	13	ownership	ownership	NOUN
taxlaw-2855	341	14	fraction	fraction	NOUN
taxlaw-2855	341	15	by	by	ADP
taxlaw-2855	341	16	declaring	declare	VERB
taxlaw-2855	341	17	that	that	SCONJ
taxlaw-2855	341	18	all	all	DET
taxlaw-2855	341	19	stock	stock	NOUN
taxlaw-2855	341	20	issued	issue	VERB
taxlaw-2855	341	21	in	in	ADP
taxlaw-2855	341	22	prior	prior	ADV
taxlaw-2855	341	23	45	45	NUM
taxlaw-2855	341	24	in	in	ADP
taxlaw-2855	341	25	case	case	NOUN
taxlaw-2855	341	26	there	there	PRON
taxlaw-2855	341	27	was	be	VERB
taxlaw-2855	341	28	any	any	DET
taxlaw-2855	341	29	doubt	doubt	NOUN
taxlaw-2855	341	30	,	,	PUNCT
taxlaw-2855	341	31	the	the	DET
taxlaw-2855	341	32	legislative	legislative	ADJ
taxlaw-2855	341	33	history	history	NOUN
taxlaw-2855	341	34	makes	make	VERB
taxlaw-2855	341	35	clear	clear	ADJ
taxlaw-2855	341	36	that	that	SCONJ
taxlaw-2855	341	37	“	"	PUNCT
taxlaw-2855	341	38	as	as	SCONJ
taxlaw-2855	341	39	may	may	AUX
taxlaw-2855	341	40	be	be	AUX
taxlaw-2855	341	41	appropriate	appropriate	ADJ
taxlaw-2855	341	42	”	"	PUNCT
taxlaw-2855	341	43	means	mean	NOUN
taxlaw-2855	341	44	,	,	PUNCT
taxlaw-2855	341	45	or	or	CCONJ
taxlaw-2855	341	46	at	at	ADP
taxlaw-2855	341	47	least	least	ADJ
taxlaw-2855	341	48	should	should	AUX
taxlaw-2855	341	49	be	be	AUX
taxlaw-2855	341	50	read	read	VERB
taxlaw-2855	341	51	as	as	ADP
taxlaw-2855	341	52	meaning	meaning	NOUN
taxlaw-2855	341	53	,	,	PUNCT
taxlaw-2855	341	54	as	as	SCONJ
taxlaw-2855	341	55	may	may	AUX
taxlaw-2855	341	56	be	be	AUX
taxlaw-2855	341	57	appropriate	appropriate	ADJ
taxlaw-2855	341	58	“	"	PUNCT
taxlaw-2855	341	59	to	to	PART
taxlaw-2855	341	60	carry	carry	VERB
taxlaw-2855	341	61	out	out	ADP
taxlaw-2855	341	62	the	the	DET
taxlaw-2855	341	63	purposes	purpose	NOUN
taxlaw-2855	341	64	of	of	ADP
taxlaw-2855	341	65	this	this	DET
taxlaw-2855	341	66	provision	provision	NOUN
taxlaw-2855	341	67	.	.	PUNCT
taxlaw-2855	341	68	”	"	PUNCT
taxlaw-2855	342	1	see	see	VERB
taxlaw-2855	342	2	h.r	h.r	PROPN
taxlaw-2855	342	3	.	.	PROPN
taxlaw-2855	342	4	rep	rep	PROPN
taxlaw-2855	342	5	.	.	PROPN
taxlaw-2855	342	6	no	no	PROPN
taxlaw-2855	342	7	.	.	NOUN
taxlaw-2855	342	8	108	108	NUM
taxlaw-2855	342	9	-	-	SYM
taxlaw-2855	342	10	755	755	NUM
taxlaw-2855	342	11	,	,	PUNCT
taxlaw-2855	342	12	at	at	ADP
taxlaw-2855	342	13	572	572	NUM
taxlaw-2855	342	14	(	(	PUNCT
taxlaw-2855	342	15	2004	2004	NUM
taxlaw-2855	342	16	)	)	PUNCT
taxlaw-2855	342	17	(	(	PUNCT
taxlaw-2855	342	18	conf	conf	NOUN
taxlaw-2855	342	19	.	.	PUNCT
taxlaw-2855	342	20	rep	rep	PROPN
taxlaw-2855	342	21	.	.	PROPN
taxlaw-2855	342	22	)	)	PUNCT
taxlaw-2855	343	1	(	(	PUNCT
taxlaw-2855	343	2	“	"	PUNCT
taxlaw-2855	343	3	the	the	DET
taxlaw-2855	343	4	treasury	treasury	PROPN
taxlaw-2855	343	5	secretary	secretary	NOUN
taxlaw-2855	343	6	is	be	AUX
taxlaw-2855	343	7	given	give	VERB
taxlaw-2855	343	8	authority	authority	NOUN
taxlaw-2855	343	9	to	to	PART
taxlaw-2855	343	10	issue	issue	VERB
taxlaw-2855	343	11	regulations	regulation	NOUN
taxlaw-2855	343	12	appropriate	appropriate	ADJ
taxlaw-2855	343	13	to	to	PART
taxlaw-2855	343	14	carry	carry	VERB
taxlaw-2855	343	15	out	out	ADP
taxlaw-2855	343	16	the	the	DET
taxlaw-2855	343	17	purposes	purpose	NOUN
taxlaw-2855	343	18	of	of	ADP
taxlaw-2855	343	19	this	this	DET
taxlaw-2855	343	20	provision	provision	NOUN
taxlaw-2855	343	21	and	and	CCONJ
taxlaw-2855	343	22	to	to	PART
taxlaw-2855	343	23	prevent	prevent	VERB
taxlaw-2855	343	24	its	its	PRON
taxlaw-2855	343	25	abuse	abuse	NOUN
taxlaw-2855	343	26	.	.	PUNCT
taxlaw-2855	343	27	”	"	PUNCT
taxlaw-2855	343	28	)	)	PUNCT
taxlaw-2855	343	29	.	.	PUNCT
taxlaw-2855	344	1	2017	2017	NUM
taxlaw-2855	344	2	]	]	PUNCT
taxlaw-2855	344	3	a	a	DET
taxlaw-2855	344	4	framework	framework	NOUN
taxlaw-2855	344	5	for	for	ADP
taxlaw-2855	344	6	testing	test	VERB
taxlaw-2855	344	7	regulatory	regulatory	ADJ
taxlaw-2855	344	8	authority	authority	NOUN
taxlaw-2855	344	9	343	343	NUM
taxlaw-2855	344	10	domestic	domestic	ADJ
taxlaw-2855	344	11	entity	entity	NOUN
taxlaw-2855	344	12	acquisitions	acquisition	NOUN
taxlaw-2855	344	13	to	to	PART
taxlaw-2855	344	14	be	be	AUX
taxlaw-2855	344	15	“	"	PUNCT
taxlaw-2855	344	16	by	by	ADP
taxlaw-2855	344	17	reason	reason	NOUN
taxlaw-2855	344	18	of	of	ADP
taxlaw-2855	344	19	”	"	PUNCT
taxlaw-2855	344	20	stock	stock	NOUN
taxlaw-2855	344	21	(	(	PUNCT
taxlaw-2855	344	22	essentially	essentially	ADV
taxlaw-2855	344	23	aggregating	aggregate	VERB
taxlaw-2855	344	24	all	all	DET
taxlaw-2855	344	25	domestic	domestic	ADJ
taxlaw-2855	344	26	entity	entity	NOUN
taxlaw-2855	344	27	acquisitions	acquisition	NOUN
taxlaw-2855	344	28	in	in	ADP
taxlaw-2855	344	29	the	the	DET
taxlaw-2855	344	30	last	last	ADJ
taxlaw-2855	344	31	three	three	NUM
taxlaw-2855	344	32	years	year	NOUN
taxlaw-2855	344	33	)	)	PUNCT
taxlaw-2855	344	34	.	.	PUNCT
taxlaw-2855	345	1	that	that	DET
taxlaw-2855	345	2	approach	approach	NOUN
taxlaw-2855	345	3	might	might	AUX
taxlaw-2855	345	4	have	have	AUX
taxlaw-2855	345	5	been	be	AUX
taxlaw-2855	345	6	sustained	sustain	VERB
taxlaw-2855	345	7	,	,	PUNCT
taxlaw-2855	345	8	although	although	SCONJ
taxlaw-2855	345	9	it	it	PRON
taxlaw-2855	345	10	would	would	AUX
taxlaw-2855	345	11	have	have	AUX
taxlaw-2855	345	12	been	be	AUX
taxlaw-2855	345	13	outside	outside	ADV
taxlaw-2855	345	14	of	of	ADP
taxlaw-2855	345	15	the	the	DET
taxlaw-2855	345	16	specific	specific	ADJ
taxlaw-2855	345	17	grant	grant	NOUN
taxlaw-2855	345	18	of	of	ADP
taxlaw-2855	345	19	authority	authority	NOUN
taxlaw-2855	345	20	under	under	ADP
taxlaw-2855	345	21	section	section	NOUN
taxlaw-2855	345	22	7874(c)(6	7874(c)(6	NUM
taxlaw-2855	345	23	)	)	PUNCT
taxlaw-2855	345	24	“	"	PUNCT
taxlaw-2855	345	25	to	to	PART
taxlaw-2855	345	26	treat	treat	VERB
taxlaw-2855	345	27	stock	stock	NOUN
taxlaw-2855	345	28	as	as	ADP
taxlaw-2855	345	29	not	not	PART
taxlaw-2855	345	30	stock	stock	NOUN
taxlaw-2855	345	31	”	"	PUNCT
taxlaw-2855	345	32	.	.	PUNCT
taxlaw-2855	346	1	alternatively	alternatively	ADV
taxlaw-2855	346	2	,	,	PUNCT
taxlaw-2855	346	3	the	the	DET
taxlaw-2855	346	4	irs	irs	PROPN
taxlaw-2855	346	5	could	could	AUX
taxlaw-2855	346	6	have	have	AUX
taxlaw-2855	346	7	issued	issue	VERB
taxlaw-2855	346	8	regulations	regulation	NOUN
taxlaw-2855	346	9	deeming	deem	VERB
taxlaw-2855	346	10	all	all	DET
taxlaw-2855	346	11	domestic	domestic	ADJ
taxlaw-2855	346	12	entity	entity	NOUN
taxlaw-2855	346	13	acquisitions	acquisition	NOUN
taxlaw-2855	346	14	within	within	ADP
taxlaw-2855	346	15	the	the	DET
taxlaw-2855	346	16	last	last	ADJ
taxlaw-2855	346	17	three	three	NUM
taxlaw-2855	346	18	years	year	NOUN
taxlaw-2855	346	19	as	as	ADP
taxlaw-2855	346	20	having	having	AUX
taxlaw-2855	346	21	been	be	AUX
taxlaw-2855	346	22	adopted	adopt	VERB
taxlaw-2855	346	23	pursuant	pursuant	ADV
taxlaw-2855	346	24	to	to	ADP
taxlaw-2855	346	25	a	a	DET
taxlaw-2855	346	26	plan	plan	NOUN
taxlaw-2855	346	27	.	.	PUNCT
taxlaw-2855	347	1	that	that	PRON
taxlaw-2855	347	2	too	too	ADV
taxlaw-2855	347	3	might	might	AUX
taxlaw-2855	347	4	be	be	AUX
taxlaw-2855	347	5	authorized	authorize	VERB
taxlaw-2855	347	6	,	,	PUNCT
taxlaw-2855	347	7	although	although	SCONJ
taxlaw-2855	347	8	one	one	PRON
taxlaw-2855	347	9	might	might	AUX
taxlaw-2855	347	10	argue	argue	VERB
taxlaw-2855	347	11	that	that	SCONJ
taxlaw-2855	347	12	a	a	DET
taxlaw-2855	347	13	hard	hard	ADJ
taxlaw-2855	347	14	-	-	PUNCT
taxlaw-2855	347	15	and	and	CCONJ
taxlaw-2855	347	16	-	-	PUNCT
taxlaw-2855	347	17	fast	fast	ADJ
taxlaw-2855	347	18	rule	rule	NOUN
taxlaw-2855	347	19	,	,	PUNCT
taxlaw-2855	347	20	as	as	SCONJ
taxlaw-2855	347	21	opposed	oppose	VERB
taxlaw-2855	347	22	to	to	ADP
taxlaw-2855	347	23	a	a	DET
taxlaw-2855	347	24	presumption	presumption	NOUN
taxlaw-2855	347	25	,	,	PUNCT
taxlaw-2855	347	26	might	might	AUX
taxlaw-2855	347	27	be	be	AUX
taxlaw-2855	347	28	beyond	beyond	ADP
taxlaw-2855	347	29	the	the	DET
taxlaw-2855	347	30	statutory	statutory	ADJ
taxlaw-2855	347	31	text	text	NOUN
taxlaw-2855	347	32	if	if	SCONJ
taxlaw-2855	347	33	a	a	DET
taxlaw-2855	347	34	taxpayer	taxpayer	NOUN
taxlaw-2855	347	35	could	could	AUX
taxlaw-2855	347	36	prove	prove	VERB
taxlaw-2855	347	37	the	the	DET
taxlaw-2855	347	38	absence	absence	NOUN
taxlaw-2855	347	39	of	of	ADP
taxlaw-2855	347	40	a	a	DET
taxlaw-2855	347	41	plan	plan	NOUN
taxlaw-2855	347	42	.	.	PUNCT
taxlaw-2855	348	1	the	the	DET
taxlaw-2855	348	2	irs	irs	PROPN
taxlaw-2855	348	3	instead	instead	ADV
taxlaw-2855	348	4	relied	rely	VERB
taxlaw-2855	348	5	on	on	ADP
taxlaw-2855	348	6	the	the	DET
taxlaw-2855	348	7	authority	authority	NOUN
taxlaw-2855	348	8	in	in	ADP
taxlaw-2855	348	9	section	section	NOUN
taxlaw-2855	348	10	7874(c)(6	7874(c)(6	NUM
taxlaw-2855	348	11	)	)	PUNCT
taxlaw-2855	348	12	,	,	PUNCT
taxlaw-2855	348	13	and	and	CCONJ
taxlaw-2855	348	14	we	we	PRON
taxlaw-2855	348	15	believe	believe	VERB
taxlaw-2855	348	16	it	it	PRON
taxlaw-2855	348	17	was	be	AUX
taxlaw-2855	348	18	within	within	ADP
taxlaw-2855	348	19	its	its	PRON
taxlaw-2855	348	20	power	power	NOUN
taxlaw-2855	348	21	to	to	PART
taxlaw-2855	348	22	do	do	AUX
taxlaw-2855	348	23	so	so	ADV
taxlaw-2855	348	24	.	.	PUNCT
taxlaw-2855	349	1	it	it	PRON
taxlaw-2855	349	2	is	be	AUX
taxlaw-2855	349	3	worth	worth	ADJ
taxlaw-2855	349	4	noting	note	VERB
taxlaw-2855	349	5	that	that	SCONJ
taxlaw-2855	349	6	this	this	DET
taxlaw-2855	349	7	approach	approach	NOUN
taxlaw-2855	349	8	might	might	AUX
taxlaw-2855	349	9	become	become	VERB
taxlaw-2855	349	10	impermissible	impermissible	ADJ
taxlaw-2855	349	11	if	if	SCONJ
taxlaw-2855	349	12	taken	take	VERB
taxlaw-2855	349	13	to	to	ADP
taxlaw-2855	349	14	extremes	extreme	NOUN
taxlaw-2855	349	15	.	.	PUNCT
taxlaw-2855	350	1	if	if	SCONJ
taxlaw-2855	350	2	the	the	DET
taxlaw-2855	350	3	serial	serial	ADJ
taxlaw-2855	350	4	acquisition	acquisition	NOUN
taxlaw-2855	350	5	rule	rule	NOUN
taxlaw-2855	350	6	were	be	AUX
taxlaw-2855	350	7	not	not	PART
taxlaw-2855	350	8	limited	limit	VERB
taxlaw-2855	350	9	to	to	ADP
taxlaw-2855	350	10	a	a	DET
taxlaw-2855	350	11	three	three	NUM
taxlaw-2855	350	12	-	-	PUNCT
taxlaw-2855	350	13	year	year	NOUN
taxlaw-2855	350	14	look	look	NOUN
taxlaw-2855	350	15	-	-	PUNCT
taxlaw-2855	350	16	back	back	NOUN
taxlaw-2855	350	17	,	,	PUNCT
taxlaw-2855	350	18	but	but	CCONJ
taxlaw-2855	350	19	a	a	DET
taxlaw-2855	350	20	twentyor	twentyor	NOUN
taxlaw-2855	350	21	fifty	fifty	NUM
taxlaw-2855	350	22	-	-	PUNCT
taxlaw-2855	350	23	year	year	NOUN
taxlaw-2855	350	24	look	look	NOUN
taxlaw-2855	350	25	-	-	PUNCT
taxlaw-2855	350	26	back	back	NOUN
taxlaw-2855	350	27	,	,	PUNCT
taxlaw-2855	350	28	at	at	ADP
taxlaw-2855	350	29	some	some	DET
taxlaw-2855	350	30	point	point	NOUN
taxlaw-2855	350	31	the	the	DET
taxlaw-2855	350	32	rule	rule	NOUN
taxlaw-2855	350	33	would	would	AUX
taxlaw-2855	350	34	become	become	VERB
taxlaw-2855	350	35	too	too	ADV
taxlaw-2855	350	36	tangential	tangential	ADJ
taxlaw-2855	350	37	to	to	ADP
taxlaw-2855	350	38	the	the	DET
taxlaw-2855	350	39	activity	activity	NOUN
taxlaw-2855	350	40	the	the	DET
taxlaw-2855	350	41	rule	rule	NOUN
taxlaw-2855	350	42	was	be	AUX
taxlaw-2855	350	43	intending	intend	VERB
taxlaw-2855	350	44	to	to	ADP
taxlaw-2855	350	45	police	police	NOUN
taxlaw-2855	350	46	.	.	PUNCT
taxlaw-2855	351	1	we	we	PRON
taxlaw-2855	351	2	do	do	AUX
taxlaw-2855	351	3	not	not	PART
taxlaw-2855	351	4	believe	believe	VERB
taxlaw-2855	351	5	that	that	PRON
taxlaw-2855	351	6	is	be	AUX
taxlaw-2855	351	7	the	the	DET
taxlaw-2855	351	8	case	case	NOUN
taxlaw-2855	351	9	here	here	ADV
taxlaw-2855	351	10	,	,	PUNCT
taxlaw-2855	351	11	although	although	SCONJ
taxlaw-2855	351	12	the	the	DET
taxlaw-2855	351	13	question	question	NOUN
taxlaw-2855	351	14	of	of	ADP
taxlaw-2855	351	15	“	"	PUNCT
taxlaw-2855	351	16	how	how	SCONJ
taxlaw-2855	351	17	long	long	ADJ
taxlaw-2855	351	18	is	be	AUX
taxlaw-2855	351	19	too	too	ADV
taxlaw-2855	351	20	long	long	ADJ
taxlaw-2855	351	21	”	"	PUNCT
taxlaw-2855	351	22	is	be	AUX
taxlaw-2855	351	23	undoubtedly	undoubtedly	ADV
taxlaw-2855	351	24	a	a	DET
taxlaw-2855	351	25	question	question	NOUN
taxlaw-2855	351	26	that	that	PRON
taxlaw-2855	351	27	can	can	AUX
taxlaw-2855	351	28	not	not	PART
taxlaw-2855	351	29	be	be	AUX
taxlaw-2855	351	30	answered	answer	VERB
taxlaw-2855	351	31	by	by	ADP
taxlaw-2855	351	32	any	any	DET
taxlaw-2855	351	33	set	set	NOUN
taxlaw-2855	351	34	of	of	ADP
taxlaw-2855	351	35	objective	objective	ADJ
taxlaw-2855	351	36	guidelines	guideline	NOUN
taxlaw-2855	351	37	on	on	ADP
taxlaw-2855	351	38	limiting	limit	VERB
taxlaw-2855	351	39	regulatory	regulatory	ADJ
taxlaw-2855	351	40	authority	authority	NOUN
taxlaw-2855	351	41	.	.	PUNCT
taxlaw-2855	352	1	we	we	PRON
taxlaw-2855	352	2	leave	leave	VERB
taxlaw-2855	352	3	you	you	PRON
taxlaw-2855	352	4	with	with	ADP
taxlaw-2855	352	5	the	the	DET
taxlaw-2855	352	6	unsatisfying	unsatisfying	ADJ
taxlaw-2855	352	7	conclusion	conclusion	NOUN
taxlaw-2855	352	8	that	that	SCONJ
taxlaw-2855	352	9	the	the	DET
taxlaw-2855	352	10	serial	serial	ADJ
taxlaw-2855	352	11	acquisition	acquisition	NOUN
taxlaw-2855	352	12	rule	rule	NOUN
taxlaw-2855	352	13	does	do	AUX
taxlaw-2855	352	14	not	not	PART
taxlaw-2855	352	15	seem	seem	VERB
taxlaw-2855	352	16	like	like	ADP
taxlaw-2855	352	17	an	an	DET
taxlaw-2855	352	18	overreach	overreach	NOUN
taxlaw-2855	352	19	.	.	PUNCT
taxlaw-2855	353	1	c.	c.	NOUN
taxlaw-2855	353	2	provision	provision	NOUN
taxlaw-2855	353	3	#	#	SYM
taxlaw-2855	353	4	3	3	NUM
taxlaw-2855	353	5	:	:	PUNCT
taxlaw-2855	353	6	treasury	treasury	NOUN
taxlaw-2855	353	7	regulation	regulation	NOUN
taxlaw-2855	353	8	section	section	NOUN
taxlaw-2855	353	9	1.7701(l)-4	1.7701(l)-4	NUM
taxlaw-2855	353	10	t	t	PROPN
taxlaw-2855	353	11	(	(	PUNCT
taxlaw-2855	353	12	the	the	DET
taxlaw-2855	353	13	“	"	PUNCT
taxlaw-2855	353	14	de	de	ADJ
taxlaw-2855	353	15	-	-	ADJ
taxlaw-2855	353	16	cfc	cfc	ADJ
taxlaw-2855	353	17	rule	rule	NOUN
taxlaw-2855	353	18	”	"	PUNCT
taxlaw-2855	353	19	)	)	PUNCT
taxlaw-2855	353	20	.	.	PUNCT
taxlaw-2855	354	1	following	follow	VERB
taxlaw-2855	354	2	an	an	DET
taxlaw-2855	354	3	inversion	inversion	NOUN
taxlaw-2855	354	4	transaction	transaction	NOUN
taxlaw-2855	354	5	,	,	PUNCT
taxlaw-2855	354	6	a	a	DET
taxlaw-2855	354	7	foreign	foreign	ADJ
taxlaw-2855	354	8	parent	parent	NOUN
taxlaw-2855	354	9	and	and	CCONJ
taxlaw-2855	354	10	its	its	PRON
taxlaw-2855	354	11	affiliates	affiliate	NOUN
taxlaw-2855	354	12	may	may	AUX
taxlaw-2855	354	13	undertake	undertake	VERB
taxlaw-2855	354	14	transactions	transaction	NOUN
taxlaw-2855	354	15	to	to	PART
taxlaw-2855	354	16	dilute	dilute	VERB
taxlaw-2855	354	17	a	a	DET
taxlaw-2855	354	18	u.s	u.s	PROPN
taxlaw-2855	354	19	.	.	PROPN
taxlaw-2855	354	20	shareholder	shareholder	PROPN
taxlaw-2855	354	21	’s	’s	PART
taxlaw-2855	354	22	interest	interest	NOUN
taxlaw-2855	354	23	in	in	ADP
taxlaw-2855	354	24	an	an	DET
taxlaw-2855	354	25	expatriated	expatriated	ADJ
taxlaw-2855	354	26	foreign	foreign	ADJ
taxlaw-2855	354	27	subsidiary	subsidiary	NOUN
taxlaw-2855	354	28	,	,	PUNCT
taxlaw-2855	354	29	in	in	ADP
taxlaw-2855	354	30	some	some	DET
taxlaw-2855	354	31	cases	case	NOUN
taxlaw-2855	354	32	causing	cause	VERB
taxlaw-2855	354	33	the	the	DET
taxlaw-2855	354	34	expatriated	expatriated	ADJ
taxlaw-2855	354	35	foreign	foreign	ADJ
taxlaw-2855	354	36	subsidiary	subsidiary	NOUN
taxlaw-2855	354	37	to	to	PART
taxlaw-2855	354	38	lose	lose	VERB
taxlaw-2855	354	39	its	its	PRON
taxlaw-2855	354	40	status	status	NOUN
taxlaw-2855	354	41	as	as	ADP
taxlaw-2855	354	42	a	a	DET
taxlaw-2855	354	43	cfc	cfc	NOUN
taxlaw-2855	354	44	.	.	PUNCT
taxlaw-2855	355	1	these	these	DET
taxlaw-2855	355	2	transactions	transaction	NOUN
taxlaw-2855	355	3	have	have	VERB
taxlaw-2855	355	4	the	the	DET
taxlaw-2855	355	5	potential	potential	NOUN
taxlaw-2855	355	6	to	to	PART
taxlaw-2855	355	7	allow	allow	VERB
taxlaw-2855	355	8	a	a	DET
taxlaw-2855	355	9	cfc	cfc	NOUN
taxlaw-2855	355	10	’s	’s	PART
taxlaw-2855	355	11	pre	pre	ADJ
taxlaw-2855	355	12	-	-	ADJ
taxlaw-2855	355	13	inversion	inversion	ADJ
taxlaw-2855	355	14	earnings	earning	NOUN
taxlaw-2855	355	15	and	and	CCONJ
taxlaw-2855	355	16	profits	profit	NOUN
taxlaw-2855	355	17	(	(	PUNCT
taxlaw-2855	355	18	e&p	e&p	PROPN
taxlaw-2855	355	19	)	)	PUNCT
taxlaw-2855	355	20	to	to	PART
taxlaw-2855	355	21	be	be	AUX
taxlaw-2855	355	22	distributed	distribute	VERB
taxlaw-2855	355	23	to	to	ADP
taxlaw-2855	355	24	a	a	DET
taxlaw-2855	355	25	non	non	ADJ
taxlaw-2855	355	26	-	-	ADJ
taxlaw-2855	355	27	cfc	cfc	ADJ
taxlaw-2855	355	28	related	relate	VERB
taxlaw-2855	355	29	person	person	NOUN
taxlaw-2855	355	30	(	(	PUNCT
taxlaw-2855	355	31	i.e.	i.e.	X
taxlaw-2855	355	32	,	,	PUNCT
taxlaw-2855	355	33	a	a	DET
taxlaw-2855	355	34	foreign	foreign	ADJ
taxlaw-2855	355	35	parent	parent	NOUN
taxlaw-2855	355	36	or	or	CCONJ
taxlaw-2855	355	37	one	one	NUM
taxlaw-2855	355	38	of	of	ADP
taxlaw-2855	355	39	its	its	PRON
taxlaw-2855	355	40	foreign	foreign	ADJ
taxlaw-2855	355	41	subsidiaries	subsidiary	NOUN
taxlaw-2855	355	42	)	)	PUNCT
taxlaw-2855	355	43	such	such	ADJ
taxlaw-2855	355	44	that	that	SCONJ
taxlaw-2855	355	45	the	the	DET
taxlaw-2855	355	46	e&p	e&p	PROPN
taxlaw-2855	355	47	permanently	permanently	ADV
taxlaw-2855	355	48	avoids	avoid	VERB
taxlaw-2855	355	49	attracting	attract	VERB
taxlaw-2855	355	50	u.s	u.s	PROPN
taxlaw-2855	355	51	.	.	PROPN
taxlaw-2855	355	52	tax	tax	NOUN
taxlaw-2855	355	53	.	.	PUNCT
taxlaw-2855	356	1	in	in	ADP
taxlaw-2855	356	2	order	order	NOUN
taxlaw-2855	356	3	to	to	PART
taxlaw-2855	356	4	address	address	VERB
taxlaw-2855	356	5	this	this	DET
taxlaw-2855	356	6	perceived	perceive	VERB
taxlaw-2855	356	7	abuse	abuse	NOUN
taxlaw-2855	356	8	,	,	PUNCT
taxlaw-2855	356	9	treasury	treasury	PROPN
taxlaw-2855	356	10	regulations	regulations	PROPN
taxlaw-2855	356	11	section	section	PROPN
taxlaw-2855	356	12	1.7701(l)-4	1.7701(l)-4	NUM
taxlaw-2855	356	13	t	t	PROPN
taxlaw-2855	356	14	(	(	PUNCT
taxlaw-2855	356	15	the	the	DET
taxlaw-2855	356	16	“	"	PUNCT
taxlaw-2855	356	17	de	de	ADJ
taxlaw-2855	356	18	-	-	ADJ
taxlaw-2855	356	19	cfc	cfc	ADJ
taxlaw-2855	356	20	rule	rule	NOUN
taxlaw-2855	356	21	”	"	PUNCT
taxlaw-2855	356	22	or	or	CCONJ
taxlaw-2855	356	23	“	"	PUNCT
taxlaw-2855	356	24	de	de	ADJ
taxlaw-2855	356	25	-	-	ADJ
taxlaw-2855	356	26	cfc	cfc	ADJ
taxlaw-2855	356	27	regulation”)46	regulation”)46	PROPN
taxlaw-2855	356	28	recharacterizes	recharacterize	VERB
taxlaw-2855	356	29	a	a	DET
taxlaw-2855	356	30	“	"	PUNCT
taxlaw-2855	356	31	specified	specified	ADJ
taxlaw-2855	356	32	transaction	transaction	NOUN
taxlaw-2855	356	33	”	"	PUNCT
taxlaw-2855	356	34	in	in	ADP
taxlaw-2855	356	35	which	which	PRON
taxlaw-2855	356	36	an	an	DET
taxlaw-2855	356	37	expatriated	expatriated	ADJ
taxlaw-2855	356	38	foreign	foreign	ADJ
taxlaw-2855	356	39	subsidiary	subsidiary	NOUN
taxlaw-2855	356	40	issues	issue	NOUN
taxlaw-2855	356	41	stock	stock	VERB
taxlaw-2855	356	42	to	to	ADP
taxlaw-2855	356	43	a	a	DET
taxlaw-2855	356	44	“	"	PUNCT
taxlaw-2855	356	45	specified	specify	VERB
taxlaw-2855	356	46	related	related	ADJ
taxlaw-2855	356	47	person	person	NOUN
taxlaw-2855	356	48	”	"	PUNCT
taxlaw-2855	356	49	during	during	ADP
taxlaw-2855	356	50	the	the	DET
taxlaw-2855	356	51	applicable	applicable	ADJ
taxlaw-2855	356	52	period	period	NOUN
taxlaw-2855	356	53	.	.	PUNCT
taxlaw-2855	357	1	the	the	DET
taxlaw-2855	357	2	base	base	ADJ
taxlaw-2855	357	3	example	example	NOUN
taxlaw-2855	357	4	of	of	ADP
taxlaw-2855	357	5	a	a	DET
taxlaw-2855	357	6	specified	specify	VERB
taxlaw-2855	357	7	transaction	transaction	NOUN
taxlaw-2855	357	8	in	in	ADP
taxlaw-2855	357	9	the	the	DET
taxlaw-2855	357	10	de	de	PROPN
taxlaw-2855	357	11	-	-	ADJ
taxlaw-2855	357	12	cfc	cfc	ADJ
taxlaw-2855	357	13	regulation	regulation	NOUN
taxlaw-2855	357	14	is	be	AUX
taxlaw-2855	357	15	set	set	VERB
taxlaw-2855	357	16	forth	forth	ADV
taxlaw-2855	357	17	in	in	ADP
taxlaw-2855	357	18	treasury	treasury	NOUN
taxlaw-2855	357	19	regulations	regulation	NOUN
taxlaw-2855	357	20	section	section	NOUN
taxlaw-2855	357	21	1.7701(l)-4t(g	1.7701(l)-4t(g	NUM
taxlaw-2855	357	22	)	)	PUNCT
taxlaw-2855	357	23	and	and	CCONJ
taxlaw-2855	357	24	is	be	AUX
taxlaw-2855	357	25	as	as	SCONJ
taxlaw-2855	357	26	follows	follow	VERB
taxlaw-2855	357	27	:	:	PUNCT
taxlaw-2855	357	28	dt	dt	X
taxlaw-2855	357	29	is	be	AUX
taxlaw-2855	357	30	owned	own	VERB
taxlaw-2855	357	31	by	by	ADP
taxlaw-2855	357	32	fp	fp	NOUN
taxlaw-2855	357	33	following	follow	VERB
taxlaw-2855	357	34	an	an	DET
taxlaw-2855	357	35	inversion	inversion	NOUN
taxlaw-2855	357	36	transaction	transaction	NOUN
taxlaw-2855	357	37	;	;	PUNCT
taxlaw-2855	357	38	dt	dt	PUNCT
taxlaw-2855	357	39	owns	own	VERB
taxlaw-2855	357	40	cfc	cfc	PROPN
taxlaw-2855	357	41	,	,	PUNCT
taxlaw-2855	357	42	and	and	CCONJ
taxlaw-2855	357	43	fp	fp	PROPN
taxlaw-2855	357	44	also	also	ADV
taxlaw-2855	357	45	owns	own	VERB
taxlaw-2855	357	46	fa	fa	PROPN
taxlaw-2855	357	47	.	.	PUNCT
taxlaw-2855	357	48	fa	fa	NOUN
taxlaw-2855	357	49	subscribes	subscribe	NOUN
taxlaw-2855	357	50	for	for	ADP
taxlaw-2855	357	51	stock	stock	NOUN
taxlaw-2855	357	52	representing	represent	VERB
taxlaw-2855	357	53	60	60	NUM
taxlaw-2855	357	54	%	%	NOUN
taxlaw-2855	357	55	of	of	ADP
taxlaw-2855	357	56	the	the	DET
taxlaw-2855	357	57	vote	vote	NOUN
taxlaw-2855	357	58	and	and	CCONJ
taxlaw-2855	357	59	value	value	NOUN
taxlaw-2855	357	60	of	of	ADP
taxlaw-2855	357	61	cfc	cfc	PROPN
taxlaw-2855	357	62	in	in	ADP
taxlaw-2855	357	63	exchange	exchange	NOUN
taxlaw-2855	357	64	for	for	ADP
taxlaw-2855	357	65	$	$	SYM
taxlaw-2855	357	66	6x	6x	NUM
taxlaw-2855	357	67	of	of	ADP
taxlaw-2855	357	68	cash	cash	NOUN
taxlaw-2855	357	69	.	.	PUNCT
taxlaw-2855	358	1	absent	absent	ADJ
taxlaw-2855	358	2	recharacterization	recharacterization	NOUN
taxlaw-2855	358	3	,	,	PUNCT
taxlaw-2855	358	4	cfc	cfc	PROPN
taxlaw-2855	358	5	would	would	AUX
taxlaw-2855	358	6	cease	cease	VERB
taxlaw-2855	358	7	to	to	PART
taxlaw-2855	358	8	be	be	AUX
taxlaw-2855	358	9	a	a	DET
taxlaw-2855	358	10	cfc	cfc	NOUN
taxlaw-2855	358	11	as	as	ADP
taxlaw-2855	358	12	a	a	DET
taxlaw-2855	358	13	result	result	NOUN
taxlaw-2855	358	14	of	of	ADP
taxlaw-2855	358	15	fa	fa	PROPN
taxlaw-2855	358	16	’s	’s	PART
taxlaw-2855	358	17	ownership	ownership	NOUN
taxlaw-2855	358	18	.	.	PUNCT
taxlaw-2855	359	1	under	under	ADP
taxlaw-2855	359	2	the	the	DET
taxlaw-2855	359	3	recharacterized	recharacterized	ADJ
taxlaw-2855	359	4	transaction	transaction	NOUN
taxlaw-2855	359	5	,	,	PUNCT
taxlaw-2855	359	6	fa	fa	PROPN
taxlaw-2855	359	7	is	be	AUX
taxlaw-2855	359	8	treated	treat	VERB
taxlaw-2855	359	9	as	as	ADP
taxlaw-2855	359	10	having	having	AUX
taxlaw-2855	359	11	contributed	contribute	VERB
taxlaw-2855	359	12	$	$	SYM
taxlaw-2855	359	13	6x	6x	NUM
taxlaw-2855	359	14	of	of	ADP
taxlaw-2855	359	15	cash	cash	NOUN
taxlaw-2855	359	16	to	to	PART
taxlaw-2855	359	17	dt	dt	VERB
taxlaw-2855	359	18	in	in	ADP
taxlaw-2855	359	19	exchange	exchange	NOUN
taxlaw-2855	359	20	for	for	ADP
taxlaw-2855	359	21	dt	dt	PROPN
taxlaw-2855	359	22	stock	stock	NOUN
taxlaw-2855	359	23	.	.	PUNCT
taxlaw-2855	360	1	dt	dt	PROPN
taxlaw-2855	360	2	is	be	AUX
taxlaw-2855	360	3	deemed	deem	VERB
taxlaw-2855	360	4	to	to	PART
taxlaw-2855	360	5	contribute	contribute	VERB
taxlaw-2855	360	6	$	$	SYM
taxlaw-2855	360	7	6x	6x	NUM
taxlaw-2855	360	8	of	of	ADP
taxlaw-2855	360	9	cash	cash	NOUN
taxlaw-2855	360	10	to	to	PART
taxlaw-2855	360	11	cfc	cfc	VERB
taxlaw-2855	360	12	for	for	ADP
taxlaw-2855	360	13	additional	additional	ADJ
taxlaw-2855	360	14	stock	stock	NOUN
taxlaw-2855	360	15	of	of	ADP
taxlaw-2855	360	16	cfc	cfc	PROPN
taxlaw-2855	360	17	and	and	CCONJ
taxlaw-2855	360	18	the	the	DET
taxlaw-2855	360	19	terms	term	NOUN
taxlaw-2855	360	20	of	of	ADP
taxlaw-2855	360	21	the	the	DET
taxlaw-2855	360	22	deemed	deem	VERB
taxlaw-2855	360	23	dt	dt	PUNCT
taxlaw-2855	360	24	stock	stock	PROPN
taxlaw-2855	360	25	and	and	CCONJ
taxlaw-2855	360	26	deemed	deem	VERB
taxlaw-2855	360	27	cfc	cfc	PROPN
taxlaw-2855	360	28	stock	stock	NOUN
taxlaw-2855	360	29	mirror	mirror	NOUN
taxlaw-2855	360	30	each	each	DET
taxlaw-2855	360	31	other	other	ADJ
taxlaw-2855	360	32	and	and	CCONJ
taxlaw-2855	360	33	mirror	mirror	VERB
taxlaw-2855	360	34	the	the	DET
taxlaw-2855	360	35	terms	term	NOUN
taxlaw-2855	360	36	of	of	ADP
taxlaw-2855	360	37	the	the	DET
taxlaw-2855	360	38	actual	actual	ADJ
taxlaw-2855	360	39	cfc	cfc	NOUN
taxlaw-2855	360	40	stock	stock	NOUN
taxlaw-2855	360	41	(	(	PUNCT
taxlaw-2855	360	42	issued	issue	VERB
taxlaw-2855	360	43	to	to	ADP
taxlaw-2855	360	44	fa	fa	PROPN
taxlaw-2855	360	45	)	)	PUNCT
taxlaw-2855	360	46	.	.	PUNCT
taxlaw-2855	361	1	1	1	X
taxlaw-2855	361	2	.	.	X
taxlaw-2855	361	3	irs	irs	PROPN
taxlaw-2855	361	4	claimed	claim	VERB
taxlaw-2855	361	5	authority	authority	NOUN
taxlaw-2855	361	6	.	.	PUNCT
taxlaw-2855	362	1	the	the	DET
taxlaw-2855	362	2	preamble	preamble	NOUN
taxlaw-2855	362	3	(	(	PUNCT
taxlaw-2855	362	4	and	and	CCONJ
taxlaw-2855	362	5	notice	notice	VERB
taxlaw-2855	362	6	2014	2014	NUM
taxlaw-2855	362	7	-	-	SYM
taxlaw-2855	362	8	52	52	NUM
taxlaw-2855	362	9	)	)	PUNCT
taxlaw-2855	362	10	state	state	NOUN
taxlaw-2855	362	11	that	that	SCONJ
taxlaw-2855	362	12	the	the	DET
taxlaw-2855	362	13	irs	irs	PROPN
taxlaw-2855	362	14	is	be	AUX
taxlaw-2855	362	15	relying	rely	VERB
taxlaw-2855	362	16	on	on	ADP
taxlaw-2855	362	17	section	section	NOUN
taxlaw-2855	362	18	7701(l	7701(l	NUM
taxlaw-2855	362	19	)	)	PUNCT
taxlaw-2855	362	20	for	for	ADP
taxlaw-2855	362	21	the	the	DET
taxlaw-2855	362	22	authority	authority	NOUN
taxlaw-2855	362	23	to	to	PART
taxlaw-2855	362	24	issue	issue	VERB
taxlaw-2855	362	25	the	the	DET
taxlaw-2855	362	26	de	de	ADJ
taxlaw-2855	362	27	-	-	ADJ
taxlaw-2855	362	28	cfc	cfc	ADJ
taxlaw-2855	362	29	regulation	regulation	NOUN
taxlaw-2855	362	30	.	.	PUNCT
taxlaw-2855	363	1	the	the	DET
taxlaw-2855	363	2	entirety	entirety	NOUN
taxlaw-2855	363	3	of	of	ADP
taxlaw-2855	363	4	section	section	NOUN
taxlaw-2855	363	5	7701(l	7701(l	NUM
taxlaw-2855	363	6	)	)	PUNCT
taxlaw-2855	363	7	reads	read	VERB
taxlaw-2855	363	8	:	:	PUNCT
taxlaw-2855	363	9	“	"	PUNCT
taxlaw-2855	363	10	the	the	DET
taxlaw-2855	363	11	secretary	secretary	NOUN
taxlaw-2855	363	12	may	may	AUX
taxlaw-2855	363	13	prescribe	prescribe	VERB
taxlaw-2855	363	14	regulations	regulation	NOUN
taxlaw-2855	363	15	recharacterizing	recharacterize	VERB
taxlaw-2855	363	16	any	any	DET
taxlaw-2855	363	17	multiple	multiple	ADJ
taxlaw-2855	363	18	-	-	PUNCT
taxlaw-2855	363	19	party	party	NOUN
taxlaw-2855	363	20	financing	financing	NOUN
taxlaw-2855	363	21	transaction	transaction	NOUN
taxlaw-2855	363	22	as	as	ADP
taxlaw-2855	363	23	a	a	DET
taxlaw-2855	363	24	transaction	transaction	NOUN
taxlaw-2855	363	25	directly	directly	ADV
taxlaw-2855	363	26	among	among	ADP
taxlaw-2855	363	27	any	any	DET
taxlaw-2855	363	28	2	2	NUM
taxlaw-2855	363	29	or	or	CCONJ
taxlaw-2855	363	30	more	more	ADJ
taxlaw-2855	363	31	of	of	ADP
taxlaw-2855	363	32	such	such	ADJ
taxlaw-2855	363	33	parties	party	NOUN
taxlaw-2855	363	34	where	where	SCONJ
taxlaw-2855	363	35	the	the	DET
taxlaw-2855	363	36	secretary	secretary	NOUN
taxlaw-2855	363	37	determines	determine	VERB
taxlaw-2855	363	38	that	that	SCONJ
taxlaw-2855	363	39	such	such	ADJ
taxlaw-2855	363	40	recharacterization	recharacterization	NOUN
taxlaw-2855	363	41	is	be	AUX
taxlaw-2855	363	42	appropriate	appropriate	ADJ
taxlaw-2855	363	43	to	to	PART
taxlaw-2855	363	44	prevent	prevent	VERB
taxlaw-2855	363	45	avoidance	avoidance	NOUN
taxlaw-2855	363	46	of	of	ADP
taxlaw-2855	363	47	any	any	DET
taxlaw-2855	363	48	tax	tax	NOUN
taxlaw-2855	363	49	imposed	impose	VERB
taxlaw-2855	363	50	by	by	ADP
taxlaw-2855	363	51	this	this	DET
taxlaw-2855	363	52	title	title	NOUN
taxlaw-2855	363	53	.	.	PUNCT
taxlaw-2855	363	54	”	"	PUNCT
taxlaw-2855	364	1	46	46	NUM
taxlaw-2855	364	2	the	the	DET
taxlaw-2855	364	3	de	de	PROPN
taxlaw-2855	364	4	-	-	ADJ
taxlaw-2855	364	5	cfc	cfc	ADJ
taxlaw-2855	364	6	rule	rule	NOUN
taxlaw-2855	364	7	was	be	AUX
taxlaw-2855	364	8	originally	originally	ADV
taxlaw-2855	364	9	set	set	VERB
taxlaw-2855	364	10	forth	forth	ADP
taxlaw-2855	364	11	in	in	ADP
taxlaw-2855	364	12	notice	notice	NOUN
taxlaw-2855	364	13	2014	2014	NUM
taxlaw-2855	364	14	-	-	SYM
taxlaw-2855	364	15	52	52	NUM
taxlaw-2855	364	16	(	(	PUNCT
taxlaw-2855	364	17	oct	oct	PROPN
taxlaw-2855	364	18	.	.	PROPN
taxlaw-2855	364	19	14	14	NUM
taxlaw-2855	364	20	,	,	PUNCT
taxlaw-2855	364	21	2014	2014	NUM
taxlaw-2855	364	22	)	)	PUNCT
taxlaw-2855	364	23	.	.	PUNCT
taxlaw-2855	365	1	344	344	NUM
taxlaw-2855	365	2	columbia	columbia	PROPN
taxlaw-2855	365	3	journal	journal	PROPN
taxlaw-2855	365	4	of	of	ADP
taxlaw-2855	365	5	tax	tax	NOUN
taxlaw-2855	365	6	law	law	NOUN
taxlaw-2855	365	7	[	[	X
taxlaw-2855	365	8	vol.8:326	vol.8:326	PRON
taxlaw-2855	365	9	the	the	DET
taxlaw-2855	365	10	notice	notice	NOUN
taxlaw-2855	365	11	claims	claim	VERB
taxlaw-2855	365	12	that	that	SCONJ
taxlaw-2855	365	13	section	section	NOUN
taxlaw-2855	365	14	7701(l	7701(l	NOUN
taxlaw-2855	365	15	)	)	PUNCT
taxlaw-2855	365	16	’s	’s	PART
taxlaw-2855	365	17	legislative	legislative	ADJ
taxlaw-2855	365	18	history	history	NOUN
taxlaw-2855	365	19	authorizes	authorize	VERB
taxlaw-2855	365	20	the	the	DET
taxlaw-2855	365	21	irs	irs	PROPN
taxlaw-2855	365	22	to	to	PART
taxlaw-2855	365	23	issue	issue	VERB
taxlaw-2855	365	24	regulations	regulation	NOUN
taxlaw-2855	365	25	under	under	ADP
taxlaw-2855	365	26	section	section	NOUN
taxlaw-2855	365	27	7701(l	7701(l	NUM
taxlaw-2855	365	28	)	)	PUNCT
taxlaw-2855	365	29	to	to	PART
taxlaw-2855	365	30	combat	combat	VERB
taxlaw-2855	365	31	abuse	abuse	NOUN
taxlaw-2855	365	32	under	under	ADP
taxlaw-2855	365	33	“	"	PUNCT
taxlaw-2855	365	34	a	a	DET
taxlaw-2855	365	35	wide	wide	ADJ
taxlaw-2855	365	36	variety	variety	NOUN
taxlaw-2855	365	37	of	of	ADP
taxlaw-2855	365	38	code	code	NOUN
taxlaw-2855	365	39	sections	section	NOUN
taxlaw-2855	365	40	.	.	PUNCT
taxlaw-2855	365	41	”47	”47	PROPN
taxlaw-2855	366	1	2	2	NUM
taxlaw-2855	366	2	.	.	PUNCT
taxlaw-2855	366	3	a	a	DET
taxlaw-2855	366	4	closer	close	ADJ
taxlaw-2855	366	5	look	look	NOUN
taxlaw-2855	366	6	.	.	PUNCT
taxlaw-2855	367	1	first	first	ADV
taxlaw-2855	367	2	,	,	PUNCT
taxlaw-2855	367	3	neither	neither	CCONJ
taxlaw-2855	367	4	notice	notice	VERB
taxlaw-2855	367	5	2014	2014	NUM
taxlaw-2855	367	6	-	-	SYM
taxlaw-2855	367	7	52	52	NUM
taxlaw-2855	367	8	nor	nor	CCONJ
taxlaw-2855	367	9	the	the	DET
taxlaw-2855	367	10	preamble	preamble	NOUN
taxlaw-2855	367	11	acknowledge	acknowledge	VERB
taxlaw-2855	367	12	the	the	DET
taxlaw-2855	367	13	title	title	NOUN
taxlaw-2855	367	14	of	of	ADP
taxlaw-2855	367	15	section	section	NOUN
taxlaw-2855	367	16	7701(l	7701(l	NUM
taxlaw-2855	367	17	):	):	PUNCT
taxlaw-2855	367	18	“	"	PUNCT
taxlaw-2855	367	19	regulations	regulation	NOUN
taxlaw-2855	367	20	relating	relate	VERB
taxlaw-2855	367	21	to	to	ADP
taxlaw-2855	367	22	conduit	conduit	NOUN
taxlaw-2855	367	23	arrangements	arrangement	NOUN
taxlaw-2855	367	24	.	.	PUNCT
taxlaw-2855	367	25	”	"	PUNCT
taxlaw-2855	368	1	while	while	SCONJ
taxlaw-2855	368	2	the	the	DET
taxlaw-2855	368	3	legislative	legislative	ADJ
taxlaw-2855	368	4	history	history	NOUN
taxlaw-2855	368	5	of	of	ADP
taxlaw-2855	368	6	section	section	NOUN
taxlaw-2855	368	7	7701(l	7701(l	NUM
taxlaw-2855	368	8	)	)	PUNCT
taxlaw-2855	368	9	does	do	AUX
taxlaw-2855	368	10	not	not	PART
taxlaw-2855	368	11	limit	limit	VERB
taxlaw-2855	368	12	the	the	DET
taxlaw-2855	368	13	irs	irs	PROPN
taxlaw-2855	368	14	to	to	PART
taxlaw-2855	368	15	“	"	PUNCT
taxlaw-2855	368	16	back	back	VERB
taxlaw-2855	368	17	-	-	PUNCT
taxlaw-2855	368	18	to	to	ADP
taxlaw-2855	368	19	-	-	PUNCT
taxlaw-2855	368	20	back	back	ADP
taxlaw-2855	368	21	loans	loan	NOUN
taxlaw-2855	368	22	,	,	PUNCT
taxlaw-2855	368	23	”	"	PUNCT
taxlaw-2855	368	24	it	it	PRON
taxlaw-2855	368	25	is	be	AUX
taxlaw-2855	368	26	clear	clear	ADJ
taxlaw-2855	368	27	from	from	ADP
taxlaw-2855	368	28	the	the	DET
taxlaw-2855	368	29	title	title	NOUN
taxlaw-2855	368	30	of	of	ADP
taxlaw-2855	368	31	section	section	NOUN
taxlaw-2855	368	32	7701(l	7701(l	NUM
taxlaw-2855	368	33	)	)	PUNCT
taxlaw-2855	368	34	,	,	PUNCT
taxlaw-2855	368	35	the	the	DET
taxlaw-2855	368	36	case	case	NOUN
taxlaw-2855	368	37	cited	cite	VERB
taxlaw-2855	368	38	to	to	ADP
taxlaw-2855	368	39	in	in	ADP
taxlaw-2855	368	40	the	the	DET
taxlaw-2855	368	41	legislative	legislative	ADJ
taxlaw-2855	368	42	history	history	NOUN
taxlaw-2855	368	43	,	,	PUNCT
taxlaw-2855	368	44	and	and	CCONJ
taxlaw-2855	368	45	the	the	DET
taxlaw-2855	368	46	general	general	ADJ
taxlaw-2855	368	47	discussion	discussion	NOUN
taxlaw-2855	368	48	of	of	ADP
taxlaw-2855	368	49	section	section	NOUN
taxlaw-2855	368	50	7701(l	7701(l	NUM
taxlaw-2855	368	51	)	)	PUNCT
taxlaw-2855	368	52	at	at	ADP
taxlaw-2855	368	53	the	the	DET
taxlaw-2855	368	54	time	time	NOUN
taxlaw-2855	368	55	the	the	DET
taxlaw-2855	368	56	provision	provision	NOUN
taxlaw-2855	368	57	was	be	AUX
taxlaw-2855	368	58	adopted	adopt	VERB
taxlaw-2855	368	59	,	,	PUNCT
taxlaw-2855	368	60	that	that	SCONJ
taxlaw-2855	368	61	congress	congress	PROPN
taxlaw-2855	368	62	was	be	AUX
taxlaw-2855	368	63	targeting	target	VERB
taxlaw-2855	368	64	transactions	transaction	NOUN
taxlaw-2855	368	65	(	(	PUNCT
taxlaw-2855	368	66	i	i	NOUN
taxlaw-2855	368	67	)	)	PUNCT
taxlaw-2855	368	68	with	with	ADP
taxlaw-2855	368	69	more	more	ADJ
taxlaw-2855	368	70	than	than	ADP
taxlaw-2855	368	71	two	two	NUM
taxlaw-2855	368	72	parties	party	NOUN
taxlaw-2855	368	73	,	,	PUNCT
taxlaw-2855	368	74	and	and	CCONJ
taxlaw-2855	368	75	(	(	PUNCT
taxlaw-2855	368	76	ii	ii	NOUN
taxlaw-2855	368	77	)	)	PUNCT
taxlaw-2855	368	78	where	where	SCONJ
taxlaw-2855	368	79	certain	certain	ADJ
taxlaw-2855	368	80	parties	party	NOUN
taxlaw-2855	368	81	(	(	PUNCT
taxlaw-2855	368	82	conduits	conduit	NOUN
taxlaw-2855	368	83	)	)	PUNCT
taxlaw-2855	368	84	were	be	AUX
taxlaw-2855	368	85	introduced	introduce	VERB
taxlaw-2855	368	86	to	to	ADP
taxlaw-2855	368	87	the	the	DET
taxlaw-2855	368	88	transaction	transaction	NOUN
taxlaw-2855	368	89	in	in	ADP
taxlaw-2855	368	90	order	order	NOUN
taxlaw-2855	368	91	to	to	PART
taxlaw-2855	368	92	avoid	avoid	VERB
taxlaw-2855	368	93	u.s	u.s	PROPN
taxlaw-2855	368	94	.	.	PROPN
taxlaw-2855	368	95	tax	tax	NOUN
taxlaw-2855	368	96	that	that	PRON
taxlaw-2855	368	97	otherwise	otherwise	ADV
taxlaw-2855	368	98	would	would	AUX
taxlaw-2855	368	99	have	have	AUX
taxlaw-2855	368	100	been	be	AUX
taxlaw-2855	368	101	imposed	impose	VERB
taxlaw-2855	368	102	if	if	SCONJ
taxlaw-2855	368	103	the	the	DET
taxlaw-2855	368	104	transaction	transaction	NOUN
taxlaw-2855	368	105	had	have	AUX
taxlaw-2855	368	106	been	be	AUX
taxlaw-2855	368	107	undertaken	undertake	VERB
taxlaw-2855	368	108	without	without	ADP
taxlaw-2855	368	109	the	the	DET
taxlaw-2855	368	110	conduit	conduit	NOUN
taxlaw-2855	368	111	’s	’s	PART
taxlaw-2855	368	112	involvement	involvement	NOUN
taxlaw-2855	368	113	.	.	PUNCT
taxlaw-2855	369	1	3	3	X
taxlaw-2855	369	2	.	.	X
taxlaw-2855	369	3	is	be	AUX
taxlaw-2855	369	4	the	the	DET
taxlaw-2855	369	5	de	de	ADJ
taxlaw-2855	369	6	-	-	ADJ
taxlaw-2855	369	7	cfc	cfc	ADJ
taxlaw-2855	369	8	rule	rule	NOUN
taxlaw-2855	369	9	within	within	ADP
taxlaw-2855	369	10	the	the	DET
taxlaw-2855	369	11	scope	scope	NOUN
taxlaw-2855	369	12	of	of	ADP
taxlaw-2855	369	13	the	the	DET
taxlaw-2855	369	14	irs	irs	PROPN
taxlaw-2855	369	15	’s	’s	PART
taxlaw-2855	369	16	regulatory	regulatory	ADJ
taxlaw-2855	369	17	authority	authority	NOUN
taxlaw-2855	369	18	?	?	PUNCT
taxlaw-2855	370	1	in	in	ADP
taxlaw-2855	370	2	a	a	DET
taxlaw-2855	370	3	word	word	NOUN
taxlaw-2855	370	4	,	,	PUNCT
taxlaw-2855	370	5	no	no	INTJ
taxlaw-2855	370	6	.	.	PUNCT
taxlaw-2855	371	1	one	one	NOUN
taxlaw-2855	371	2	does	do	AUX
taxlaw-2855	371	3	not	not	PART
taxlaw-2855	371	4	need	need	VERB
taxlaw-2855	371	5	to	to	PART
taxlaw-2855	371	6	perform	perform	VERB
taxlaw-2855	371	7	a	a	DET
taxlaw-2855	371	8	deep	deep	ADJ
taxlaw-2855	371	9	dive	dive	NOUN
taxlaw-2855	371	10	into	into	ADP
taxlaw-2855	371	11	the	the	DET
taxlaw-2855	371	12	legislative	legislative	ADJ
taxlaw-2855	371	13	history	history	NOUN
taxlaw-2855	371	14	or	or	CCONJ
taxlaw-2855	371	15	a	a	DET
taxlaw-2855	371	16	particulate	particulate	NOUN
taxlaw-2855	371	17	analysis	analysis	NOUN
taxlaw-2855	371	18	of	of	ADP
taxlaw-2855	371	19	the	the	DET
taxlaw-2855	371	20	statutory	statutory	ADJ
taxlaw-2855	371	21	text	text	NOUN
taxlaw-2855	371	22	(	(	PUNCT
taxlaw-2855	371	23	but	but	CCONJ
taxlaw-2855	371	24	we	we	PRON
taxlaw-2855	371	25	’ll	’ll	AUX
taxlaw-2855	371	26	get	get	VERB
taxlaw-2855	371	27	there	there	ADV
taxlaw-2855	371	28	)	)	PUNCT
taxlaw-2855	371	29	to	to	PART
taxlaw-2855	371	30	conclude	conclude	VERB
taxlaw-2855	371	31	that	that	SCONJ
taxlaw-2855	371	32	the	the	DET
taxlaw-2855	371	33	de	de	PROPN
taxlaw-2855	371	34	-	-	ADJ
taxlaw-2855	371	35	cfc	cfc	ADJ
taxlaw-2855	371	36	rule	rule	NOUN
taxlaw-2855	371	37	should	should	AUX
taxlaw-2855	371	38	not	not	PART
taxlaw-2855	371	39	be	be	AUX
taxlaw-2855	371	40	something	something	PRON
taxlaw-2855	371	41	the	the	DET
taxlaw-2855	371	42	irs	irs	PROPN
taxlaw-2855	371	43	can	can	AUX
taxlaw-2855	371	44	adopt	adopt	VERB
taxlaw-2855	371	45	under	under	ADP
taxlaw-2855	371	46	the	the	DET
taxlaw-2855	371	47	power	power	NOUN
taxlaw-2855	371	48	granted	grant	VERB
taxlaw-2855	371	49	by	by	ADP
taxlaw-2855	371	50	section	section	NOUN
taxlaw-2855	371	51	7701(l	7701(l	NUM
taxlaw-2855	371	52	)	)	PUNCT
taxlaw-2855	371	53	.	.	PUNCT
taxlaw-2855	372	1	the	the	DET
taxlaw-2855	372	2	statute	statute	NOUN
taxlaw-2855	372	3	was	be	AUX
taxlaw-2855	372	4	intended	intend	VERB
taxlaw-2855	372	5	to	to	PART
taxlaw-2855	372	6	grant	grant	VERB
taxlaw-2855	372	7	the	the	DET
taxlaw-2855	372	8	irs	irs	PROPN
taxlaw-2855	372	9	regulatory	regulatory	ADJ
taxlaw-2855	372	10	authority	authority	NOUN
taxlaw-2855	372	11	to	to	PART
taxlaw-2855	372	12	prescribe	prescribe	VERB
taxlaw-2855	372	13	rules	rule	NOUN
taxlaw-2855	372	14	to	to	PART
taxlaw-2855	372	15	recharacterize	recharacterize	VERB
taxlaw-2855	372	16	transactions	transaction	NOUN
taxlaw-2855	372	17	involving	involve	VERB
taxlaw-2855	372	18	more	more	ADJ
taxlaw-2855	372	19	than	than	ADP
taxlaw-2855	372	20	two	two	NUM
taxlaw-2855	372	21	parties	party	NOUN
taxlaw-2855	372	22	and	and	CCONJ
taxlaw-2855	372	23	more	more	ADJ
taxlaw-2855	372	24	than	than	ADP
taxlaw-2855	372	25	two	two	NUM
taxlaw-2855	372	26	legal	legal	ADJ
taxlaw-2855	372	27	arrangements	arrangement	NOUN
taxlaw-2855	372	28	as	as	ADP
taxlaw-2855	372	29	more	more	ADJ
taxlaw-2855	372	30	direct	direct	ADJ
taxlaw-2855	372	31	transactions	transaction	NOUN
taxlaw-2855	372	32	involving	involve	VERB
taxlaw-2855	372	33	fewer	few	ADJ
taxlaw-2855	372	34	parties	party	NOUN
taxlaw-2855	372	35	and	and	CCONJ
taxlaw-2855	372	36	fewer	few	ADJ
taxlaw-2855	372	37	steps	step	NOUN
taxlaw-2855	372	38	.	.	PUNCT
taxlaw-2855	373	1	the	the	DET
taxlaw-2855	373	2	de	de	PROPN
taxlaw-2855	373	3	-	-	ADJ
taxlaw-2855	373	4	cfc	cfc	ADJ
taxlaw-2855	373	5	rule	rule	NOUN
taxlaw-2855	373	6	creates	create	VERB
taxlaw-2855	373	7	additional	additional	ADJ
taxlaw-2855	373	8	steps	step	NOUN
taxlaw-2855	373	9	,	,	PUNCT
taxlaw-2855	373	10	additional	additional	ADJ
taxlaw-2855	373	11	legal	legal	ADJ
taxlaw-2855	373	12	arrangements	arrangement	NOUN
taxlaw-2855	373	13	,	,	PUNCT
taxlaw-2855	373	14	and	and	CCONJ
taxlaw-2855	373	15	deems	deem	VERB
taxlaw-2855	373	16	parties	party	NOUN
taxlaw-2855	373	17	that	that	PRON
taxlaw-2855	373	18	were	be	AUX
taxlaw-2855	373	19	not	not	PART
taxlaw-2855	373	20	party	party	NOUN
taxlaw-2855	373	21	to	to	ADP
taxlaw-2855	373	22	the	the	DET
taxlaw-2855	373	23	transaction	transaction	NOUN
taxlaw-2855	373	24	to	to	PART
taxlaw-2855	373	25	have	have	AUX
taxlaw-2855	373	26	been	be	AUX
taxlaw-2855	373	27	involved.48	involved.48	NOUN
taxlaw-2855	373	28	the	the	DET
taxlaw-2855	373	29	irs	irs	PROPN
taxlaw-2855	373	30	has	have	AUX
taxlaw-2855	373	31	exercised	exercise	VERB
taxlaw-2855	373	32	its	its	PRON
taxlaw-2855	373	33	authority	authority	NOUN
taxlaw-2855	373	34	under	under	ADP
taxlaw-2855	373	35	a	a	DET
taxlaw-2855	373	36	statute	statute	NOUN
taxlaw-2855	373	37	designed	design	VERB
taxlaw-2855	373	38	to	to	PART
taxlaw-2855	373	39	disregard	disregard	VERB
taxlaw-2855	373	40	conduit	conduit	NOUN
taxlaw-2855	373	41	arrangements	arrangement	NOUN
taxlaw-2855	373	42	in	in	ADP
taxlaw-2855	373	43	order	order	NOUN
taxlaw-2855	373	44	to	to	PART
taxlaw-2855	373	45	create	create	VERB
taxlaw-2855	373	46	a	a	DET
taxlaw-2855	373	47	deemed	deem	VERB
taxlaw-2855	373	48	conduit	conduit	NOUN
taxlaw-2855	373	49	arrangement	arrangement	NOUN
taxlaw-2855	373	50	.	.	PUNCT
taxlaw-2855	374	1	in	in	ADP
taxlaw-2855	374	2	addition	addition	NOUN
taxlaw-2855	374	3	to	to	ADP
taxlaw-2855	374	4	being	be	AUX
taxlaw-2855	374	5	outside	outside	ADP
taxlaw-2855	374	6	the	the	DET
taxlaw-2855	374	7	scope	scope	NOUN
taxlaw-2855	374	8	of	of	ADP
taxlaw-2855	374	9	congressional	congressional	ADJ
taxlaw-2855	374	10	purpose	purpose	NOUN
taxlaw-2855	374	11	behind	behind	ADP
taxlaw-2855	374	12	the	the	DET
taxlaw-2855	374	13	anticonduit	anticonduit	PROPN
taxlaw-2855	374	14	regulations	regulation	NOUN
taxlaw-2855	374	15	,	,	PUNCT
taxlaw-2855	374	16	the	the	DET
taxlaw-2855	374	17	de	de	PROPN
taxlaw-2855	374	18	-	-	ADJ
taxlaw-2855	374	19	cfc	cfc	ADJ
taxlaw-2855	374	20	rule	rule	NOUN
taxlaw-2855	374	21	also	also	ADV
taxlaw-2855	374	22	exceeds	exceed	VERB
taxlaw-2855	374	23	the	the	DET
taxlaw-2855	374	24	explicit	explicit	ADJ
taxlaw-2855	374	25	regulatory	regulatory	ADJ
taxlaw-2855	374	26	grant	grant	NOUN
taxlaw-2855	374	27	of	of	ADP
taxlaw-2855	374	28	section	section	NOUN
taxlaw-2855	374	29	7701(l	7701(l	NUM
taxlaw-2855	374	30	)	)	PUNCT
taxlaw-2855	374	31	.	.	PUNCT
taxlaw-2855	375	1	section	section	NOUN
taxlaw-2855	375	2	7701(l	7701(l	PROPN
taxlaw-2855	375	3	)	)	PUNCT
taxlaw-2855	375	4	authorizes	authorize	VERB
taxlaw-2855	375	5	the	the	DET
taxlaw-2855	375	6	irs	irs	PROPN
taxlaw-2855	375	7	to	to	PART
taxlaw-2855	375	8	recharacterize	recharacterize	VERB
taxlaw-2855	375	9	“	"	PUNCT
taxlaw-2855	375	10	any	any	DET
taxlaw-2855	375	11	multiple	multiple	ADJ
taxlaw-2855	375	12	-	-	PUNCT
taxlaw-2855	375	13	party	party	NOUN
taxlaw-2855	375	14	financing	financing	NOUN
taxlaw-2855	375	15	transaction	transaction	NOUN
taxlaw-2855	375	16	as	as	ADP
taxlaw-2855	375	17	a	a	DET
taxlaw-2855	375	18	transaction	transaction	NOUN
taxlaw-2855	375	19	directly	directly	ADV
taxlaw-2855	375	20	among	among	ADP
taxlaw-2855	375	21	any	any	DET
taxlaw-2855	375	22	2	2	NUM
taxlaw-2855	375	23	or	or	CCONJ
taxlaw-2855	375	24	more	more	ADJ
taxlaw-2855	375	25	of	of	ADP
taxlaw-2855	375	26	such	such	ADJ
taxlaw-2855	375	27	parties	party	NOUN
taxlaw-2855	375	28	.	.	PUNCT
taxlaw-2855	375	29	”	"	PUNCT
taxlaw-2855	376	1	even	even	ADV
taxlaw-2855	376	2	if	if	SCONJ
taxlaw-2855	376	3	one	one	NUM
taxlaw-2855	376	4	reads	read	VERB
taxlaw-2855	376	5	“	"	PUNCT
taxlaw-2855	376	6	multiple	multiple	ADJ
taxlaw-2855	376	7	-	-	PUNCT
taxlaw-2855	376	8	party	party	NOUN
taxlaw-2855	376	9	”	"	PUNCT
taxlaw-2855	376	10	as	as	ADP
taxlaw-2855	376	11	encompassing	encompass	VERB
taxlaw-2855	376	12	two	two	NUM
taxlaw-2855	376	13	-	-	PUNCT
taxlaw-2855	376	14	party	party	NOUN
taxlaw-2855	376	15	transactions	transaction	NOUN
taxlaw-2855	376	16	,	,	PUNCT
taxlaw-2855	376	17	the	the	DET
taxlaw-2855	376	18	irs	irs	PROPN
taxlaw-2855	376	19	is	be	AUX
taxlaw-2855	376	20	authorized	authorize	VERB
taxlaw-2855	376	21	to	to	PART
taxlaw-2855	376	22	recharacterize	recharacterize	VERB
taxlaw-2855	376	23	the	the	DET
taxlaw-2855	376	24	transaction	transaction	NOUN
taxlaw-2855	376	25	only	only	ADV
taxlaw-2855	376	26	as	as	ADP
taxlaw-2855	376	27	a	a	DET
taxlaw-2855	376	28	transaction	transaction	NOUN
taxlaw-2855	376	29	among	among	ADP
taxlaw-2855	376	30	two	two	NUM
taxlaw-2855	376	31	or	or	CCONJ
taxlaw-2855	376	32	more	more	ADJ
taxlaw-2855	376	33	of	of	ADP
taxlaw-2855	376	34	such	such	ADJ
taxlaw-2855	376	35	parties	party	NOUN
taxlaw-2855	376	36	—	—	PUNCT
taxlaw-2855	376	37	i.e.	i.e.	X
taxlaw-2855	376	38	,	,	PUNCT
taxlaw-2855	376	39	the	the	DET
taxlaw-2855	376	40	parties	party	NOUN
taxlaw-2855	376	41	to	to	ADP
taxlaw-2855	376	42	the	the	DET
taxlaw-2855	376	43	multiple	multiple	ADJ
taxlaw-2855	376	44	-	-	PUNCT
taxlaw-2855	376	45	party	party	NOUN
taxlaw-2855	376	46	financing	financing	NOUN
taxlaw-2855	376	47	transaction	transaction	NOUN
taxlaw-2855	376	48	.	.	PUNCT
taxlaw-2855	377	1	in	in	ADP
taxlaw-2855	377	2	the	the	DET
taxlaw-2855	377	3	example	example	NOUN
taxlaw-2855	377	4	above	above	ADV
taxlaw-2855	377	5	,	,	PUNCT
taxlaw-2855	377	6	the	the	DET
taxlaw-2855	377	7	de	de	ADJ
taxlaw-2855	377	8	-	-	ADJ
taxlaw-2855	377	9	cfc	cfc	ADJ
taxlaw-2855	377	10	rule	rule	NOUN
taxlaw-2855	377	11	recharacterizes	recharacterize	VERB
taxlaw-2855	377	12	a	a	DET
taxlaw-2855	377	13	transaction	transaction	NOUN
taxlaw-2855	377	14	between	between	ADP
taxlaw-2855	377	15	two	two	NUM
taxlaw-2855	377	16	parties	party	NOUN
taxlaw-2855	377	17	(	(	PUNCT
taxlaw-2855	377	18	fa	fa	X
taxlaw-2855	377	19	and	and	CCONJ
taxlaw-2855	377	20	cfc	cfc	PROPN
taxlaw-2855	377	21	)	)	PUNCT
taxlaw-2855	377	22	as	as	ADP
taxlaw-2855	377	23	having	having	AUX
taxlaw-2855	377	24	occurred	occur	VERB
taxlaw-2855	377	25	between	between	ADP
taxlaw-2855	377	26	more	more	ADJ
taxlaw-2855	377	27	than	than	ADP
taxlaw-2855	377	28	two	two	NUM
taxlaw-2855	377	29	parties	party	NOUN
taxlaw-2855	377	30	(	(	PUNCT
taxlaw-2855	377	31	fa	fa	NOUN
taxlaw-2855	377	32	,	,	PUNCT
taxlaw-2855	377	33	dt	dt	PUNCT
taxlaw-2855	377	34	and	and	CCONJ
taxlaw-2855	377	35	cfc	cfc	PROPN
taxlaw-2855	377	36	)	)	PUNCT
taxlaw-2855	377	37	.	.	PUNCT
taxlaw-2855	378	1	because	because	SCONJ
taxlaw-2855	378	2	dt	dt	PROPN
taxlaw-2855	378	3	was	be	AUX
taxlaw-2855	378	4	not	not	PART
taxlaw-2855	378	5	a	a	DET
taxlaw-2855	378	6	party	party	NOUN
taxlaw-2855	378	7	to	to	ADP
taxlaw-2855	378	8	the	the	DET
taxlaw-2855	378	9	original	original	ADJ
taxlaw-2855	378	10	financing	financing	NOUN
taxlaw-2855	378	11	transaction	transaction	NOUN
taxlaw-2855	378	12	,	,	PUNCT
taxlaw-2855	378	13	the	the	DET
taxlaw-2855	378	14	anti	anti	ADJ
taxlaw-2855	378	15	-	-	ADJ
taxlaw-2855	378	16	conduit	conduit	ADJ
taxlaw-2855	378	17	regulation	regulation	NOUN
taxlaw-2855	378	18	can	can	AUX
taxlaw-2855	378	19	not	not	PART
taxlaw-2855	378	20	recharacterize	recharacterize	VERB
taxlaw-2855	378	21	the	the	DET
taxlaw-2855	378	22	transaction	transaction	NOUN
taxlaw-2855	378	23	as	as	ADP
taxlaw-2855	378	24	having	having	AUX
taxlaw-2855	378	25	included	include	VERB
taxlaw-2855	378	26	dt	dt	PROPN
taxlaw-2855	378	27	.	.	PUNCT
taxlaw-2855	379	1	the	the	DET
taxlaw-2855	379	2	de	de	PROPN
taxlaw-2855	379	3	-	-	ADJ
taxlaw-2855	379	4	cfc	cfc	ADJ
taxlaw-2855	379	5	rule	rule	NOUN
taxlaw-2855	379	6	is	be	AUX
taxlaw-2855	379	7	outside	outside	ADP
taxlaw-2855	379	8	of	of	ADP
taxlaw-2855	379	9	the	the	DET
taxlaw-2855	379	10	regulatory	regulatory	ADJ
taxlaw-2855	379	11	authority	authority	NOUN
taxlaw-2855	379	12	granted	grant	VERB
taxlaw-2855	379	13	by	by	ADP
taxlaw-2855	379	14	section	section	NOUN
taxlaw-2855	379	15	7701(l	7701(l	NUM
taxlaw-2855	379	16	)	)	PUNCT
taxlaw-2855	379	17	,	,	PUNCT
taxlaw-2855	379	18	a	a	DET
taxlaw-2855	379	19	conclusion	conclusion	NOUN
taxlaw-2855	379	20	supported	support	VERB
taxlaw-2855	379	21	by	by	ADP
taxlaw-2855	379	22	a	a	DET
taxlaw-2855	379	23	common	common	ADJ
taxlaw-2855	379	24	sense	sense	NOUN
taxlaw-2855	379	25	understanding	understanding	NOUN
taxlaw-2855	379	26	of	of	ADP
taxlaw-2855	379	27	“	"	PUNCT
taxlaw-2855	379	28	conduit	conduit	NOUN
taxlaw-2855	379	29	”	"	PUNCT
taxlaw-2855	379	30	and	and	CCONJ
taxlaw-2855	379	31	the	the	DET
taxlaw-2855	379	32	clear	clear	ADJ
taxlaw-2855	379	33	text	text	NOUN
taxlaw-2855	379	34	of	of	ADP
taxlaw-2855	379	35	the	the	DET
taxlaw-2855	379	36	statute	statute	NOUN
taxlaw-2855	379	37	.	.	PUNCT
taxlaw-2855	380	1	d.	d.	PROPN
taxlaw-2855	380	2	provision	provision	PROPN
taxlaw-2855	380	3	#	#	SYM
taxlaw-2855	380	4	4	4	NUM
taxlaw-2855	380	5	:	:	PUNCT
taxlaw-2855	380	6	treasury	treasury	NOUN
taxlaw-2855	380	7	regulation	regulation	NOUN
taxlaw-2855	380	8	section	section	NOUN
taxlaw-2855	380	9	1.385	1.385	NUM
taxlaw-2855	380	10	-	-	SYM
taxlaw-2855	380	11	3	3	NUM
taxlaw-2855	380	12	(	(	PUNCT
taxlaw-2855	380	13	the	the	DET
taxlaw-2855	380	14	“	"	PUNCT
taxlaw-2855	380	15	per	per	X
taxlaw-2855	380	16	se	se	X
taxlaw-2855	380	17	rule	rule	NOUN
taxlaw-2855	380	18	”	"	PUNCT
taxlaw-2855	380	19	)	)	PUNCT
taxlaw-2855	380	20	.	.	PUNCT
taxlaw-2855	381	1	47	47	NUM
taxlaw-2855	381	2	see	see	VERB
taxlaw-2855	381	3	h.r	h.r	PROPN
taxlaw-2855	381	4	.	.	PROPN
taxlaw-2855	381	5	rep	rep	PROPN
taxlaw-2855	381	6	.	.	PROPN
taxlaw-2855	381	7	no	no	PROPN
taxlaw-2855	381	8	.	.	NOUN
taxlaw-2855	381	9	103	103	NUM
taxlaw-2855	381	10	-	-	SYM
taxlaw-2855	381	11	213	213	NUM
taxlaw-2855	381	12	,	,	PUNCT
taxlaw-2855	381	13	at	at	ADP
taxlaw-2855	381	14	655	655	NUM
taxlaw-2855	381	15	(	(	PUNCT
taxlaw-2855	381	16	1993	1993	NUM
taxlaw-2855	381	17	)	)	PUNCT
taxlaw-2855	381	18	(	(	PUNCT
taxlaw-2855	381	19	“	"	PUNCT
taxlaw-2855	381	20	it	it	PRON
taxlaw-2855	381	21	is	be	AUX
taxlaw-2855	381	22	intended	intend	VERB
taxlaw-2855	381	23	that	that	SCONJ
taxlaw-2855	381	24	the	the	DET
taxlaw-2855	381	25	provision	provision	NOUN
taxlaw-2855	381	26	apply	apply	VERB
taxlaw-2855	381	27	not	not	PART
taxlaw-2855	381	28	solely	solely	ADV
taxlaw-2855	381	29	to	to	PART
taxlaw-2855	381	30	back	back	VERB
taxlaw-2855	381	31	-	-	PUNCT
taxlaw-2855	381	32	to	to	ADP
taxlaw-2855	381	33	-	-	PUNCT
taxlaw-2855	381	34	back	back	NOUN
taxlaw-2855	381	35	loan	loan	NOUN
taxlaw-2855	381	36	transactions	transaction	NOUN
taxlaw-2855	381	37	,	,	PUNCT
taxlaw-2855	381	38	but	but	CCONJ
taxlaw-2855	381	39	also	also	ADV
taxlaw-2855	381	40	to	to	ADP
taxlaw-2855	381	41	other	other	ADJ
taxlaw-2855	381	42	financing	financing	NOUN
taxlaw-2855	381	43	transactions	transaction	NOUN
taxlaw-2855	381	44	.	.	PUNCT
taxlaw-2855	382	1	for	for	ADP
taxlaw-2855	382	2	example	example	NOUN
taxlaw-2855	382	3	,	,	PUNCT
taxlaw-2855	382	4	it	it	PRON
taxlaw-2855	382	5	would	would	AUX
taxlaw-2855	382	6	be	be	AUX
taxlaw-2855	382	7	within	within	ADP
taxlaw-2855	382	8	the	the	DET
taxlaw-2855	382	9	proper	proper	ADJ
taxlaw-2855	382	10	scope	scope	NOUN
taxlaw-2855	382	11	of	of	ADP
taxlaw-2855	382	12	the	the	DET
taxlaw-2855	382	13	provision	provision	NOUN
taxlaw-2855	382	14	for	for	SCONJ
taxlaw-2855	382	15	the	the	DET
taxlaw-2855	382	16	secretary	secretary	NOUN
taxlaw-2855	382	17	to	to	PART
taxlaw-2855	382	18	issue	issue	VERB
taxlaw-2855	382	19	regulations	regulation	NOUN
taxlaw-2855	382	20	dealing	deal	VERB
taxlaw-2855	382	21	with	with	ADP
taxlaw-2855	382	22	multiple	multiple	ADJ
taxlaw-2855	382	23	-	-	PUNCT
taxlaw-2855	382	24	party	party	NOUN
taxlaw-2855	382	25	transactions	transaction	NOUN
taxlaw-2855	382	26	involving	involve	VERB
taxlaw-2855	382	27	debt	debt	NOUN
taxlaw-2855	382	28	guarantees	guarantee	NOUN
taxlaw-2855	382	29	or	or	CCONJ
taxlaw-2855	382	30	equity	equity	NOUN
taxlaw-2855	382	31	.	.	PUNCT
taxlaw-2855	382	32	”	"	PUNCT
taxlaw-2855	382	33	)	)	PUNCT
taxlaw-2855	382	34	.	.	PUNCT
taxlaw-2855	383	1	48	48	NUM
taxlaw-2855	383	2	the	the	DET
taxlaw-2855	383	3	irs	irs	PROPN
taxlaw-2855	383	4	has	have	AUX
taxlaw-2855	383	5	previously	previously	ADV
taxlaw-2855	383	6	exercised	exercise	VERB
taxlaw-2855	383	7	its	its	PRON
taxlaw-2855	383	8	authority	authority	NOUN
taxlaw-2855	383	9	under	under	ADP
taxlaw-2855	383	10	section	section	NOUN
taxlaw-2855	383	11	7701(l	7701(l	NUM
taxlaw-2855	383	12	)	)	PUNCT
taxlaw-2855	383	13	to	to	PART
taxlaw-2855	383	14	adopt	adopt	VERB
taxlaw-2855	383	15	(	(	PUNCT
taxlaw-2855	383	16	1	1	NUM
taxlaw-2855	383	17	)	)	PUNCT
taxlaw-2855	383	18	regulations	regulation	NOUN
taxlaw-2855	383	19	under	under	ADP
taxlaw-2855	383	20	section	section	NOUN
taxlaw-2855	383	21	881	881	NUM
taxlaw-2855	383	22	,	,	PUNCT
taxlaw-2855	383	23	see	see	VERB
taxlaw-2855	383	24	t.d	t.d	PROPN
taxlaw-2855	383	25	.	.	PROPN
taxlaw-2855	383	26	8611	8611	NUM
taxlaw-2855	383	27	,	,	PUNCT
taxlaw-2855	383	28	1995	1995	NUM
taxlaw-2855	383	29	-	-	SYM
taxlaw-2855	383	30	2	2	NUM
taxlaw-2855	383	31	c.b	c.b	PROPN
taxlaw-2855	383	32	.	.	PROPN
taxlaw-2855	383	33	286	286	NUM
taxlaw-2855	383	34	,	,	PUNCT
taxlaw-2855	383	35	conduit	conduit	NOUN
taxlaw-2855	383	36	arrangement	arrangement	NOUN
taxlaw-2855	383	37	regulations	regulation	NOUN
taxlaw-2855	383	38	,	,	PUNCT
taxlaw-2855	383	39	60	60	NUM
taxlaw-2855	383	40	fed	feed	VERB
taxlaw-2855	383	41	.	.	PUNCT
taxlaw-2855	384	1	reg	reg	PROPN
taxlaw-2855	384	2	.	.	PUNCT
taxlaw-2855	384	3	40997	40997	NUM
taxlaw-2855	384	4	(	(	PUNCT
taxlaw-2855	384	5	aug	aug	PROPN
taxlaw-2855	384	6	.	.	PROPN
taxlaw-2855	384	7	11	11	NUM
taxlaw-2855	384	8	,	,	PUNCT
taxlaw-2855	384	9	1995	1995	NUM
taxlaw-2855	384	10	)	)	PUNCT
taxlaw-2855	384	11	,	,	PUNCT
taxlaw-2855	384	12	and	and	CCONJ
taxlaw-2855	384	13	(	(	PUNCT
taxlaw-2855	384	14	2	2	X
taxlaw-2855	384	15	)	)	PUNCT
taxlaw-2855	384	16	regulations	regulation	NOUN
taxlaw-2855	384	17	recharacterizing	recharacterize	VERB
taxlaw-2855	384	18	“	"	PUNCT
taxlaw-2855	384	19	fast	fast	ADJ
taxlaw-2855	384	20	pay	pay	NOUN
taxlaw-2855	384	21	stock	stock	NOUN
taxlaw-2855	384	22	”	"	PUNCT
taxlaw-2855	384	23	arrangements	arrangement	NOUN
taxlaw-2855	384	24	under	under	ADP
taxlaw-2855	384	25	treasury	treasury	NOUN
taxlaw-2855	384	26	regulations	regulation	NOUN
taxlaw-2855	384	27	section	section	NOUN
taxlaw-2855	384	28	1.7701(l)-3	1.7701(l)-3	NUM
taxlaw-2855	384	29	.	.	PUNCT
taxlaw-2855	385	1	the	the	DET
taxlaw-2855	385	2	fast	fast	ADJ
taxlaw-2855	385	3	pay	pay	NOUN
taxlaw-2855	385	4	stock	stock	NOUN
taxlaw-2855	385	5	regulations	regulation	NOUN
taxlaw-2855	385	6	similarly	similarly	ADV
taxlaw-2855	385	7	create	create	VERB
taxlaw-2855	385	8	extra	extra	ADJ
taxlaw-2855	385	9	steps	step	NOUN
taxlaw-2855	385	10	and	and	CCONJ
taxlaw-2855	385	11	therefore	therefore	ADV
taxlaw-2855	385	12	also	also	ADV
taxlaw-2855	385	13	introduce	introduce	VERB
taxlaw-2855	385	14	material	material	ADJ
taxlaw-2855	385	15	questions	question	NOUN
taxlaw-2855	385	16	of	of	ADP
taxlaw-2855	385	17	authority	authority	NOUN
taxlaw-2855	385	18	.	.	PUNCT
taxlaw-2855	386	1	see	see	VERB
taxlaw-2855	386	2	t.d	t.d	PROPN
taxlaw-2855	386	3	.	.	PROPN
taxlaw-2855	386	4	8853	8853	NUM
taxlaw-2855	386	5	,	,	PUNCT
taxlaw-2855	386	6	2000	2000	NUM
taxlaw-2855	386	7	-	-	SYM
taxlaw-2855	386	8	1	1	NUM
taxlaw-2855	386	9	c.b	c.b	PROPN
taxlaw-2855	386	10	.	.	PROPN
taxlaw-2855	386	11	377	377	NUM
taxlaw-2855	386	12	,	,	PUNCT
taxlaw-2855	386	13	65	65	NUM
taxlaw-2855	386	14	fed	feed	VERB
taxlaw-2855	386	15	.	.	PUNCT
taxlaw-2855	387	1	reg	reg	PROPN
taxlaw-2855	387	2	.	.	PUNCT
taxlaw-2855	388	1	1310	1310	NUM
taxlaw-2855	388	2	-	-	SYM
taxlaw-2855	388	3	01	01	NUM
taxlaw-2855	388	4	(	(	PUNCT
taxlaw-2855	388	5	jan	jan	PROPN
taxlaw-2855	388	6	.	.	PROPN
taxlaw-2855	388	7	10	10	NUM
taxlaw-2855	388	8	,	,	PUNCT
taxlaw-2855	388	9	2000	2000	NUM
taxlaw-2855	388	10	)	)	PUNCT
taxlaw-2855	388	11	;	;	PUNCT
taxlaw-2855	388	12	see	see	VERB
taxlaw-2855	388	13	also	also	ADV
taxlaw-2855	388	14	peter	peter	PROPN
taxlaw-2855	388	15	m.	m.	PROPN
taxlaw-2855	388	16	daub	daub	PROPN
taxlaw-2855	388	17	,	,	PUNCT
taxlaw-2855	388	18	the	the	DET
taxlaw-2855	388	19	conduit	conduit	NOUN
taxlaw-2855	388	20	regulations	regulation	NOUN
taxlaw-2855	388	21	revisited	revisit	VERB
taxlaw-2855	388	22	,	,	PUNCT
taxlaw-2855	388	23	147	147	NUM
taxlaw-2855	388	24	tax	tax	NOUN
taxlaw-2855	388	25	notes	note	NOUN
taxlaw-2855	388	26	409	409	NUM
taxlaw-2855	388	27	(	(	PUNCT
taxlaw-2855	388	28	2015	2015	NUM
taxlaw-2855	388	29	)	)	PUNCT
taxlaw-2855	388	30	at	at	ADP
taxlaw-2855	388	31	409	409	NUM
taxlaw-2855	388	32	.	.	NOUN
taxlaw-2855	388	33	2017	2017	NUM
taxlaw-2855	388	34	]	]	PUNCT
taxlaw-2855	388	35	a	a	DET
taxlaw-2855	388	36	framework	framework	NOUN
taxlaw-2855	388	37	for	for	ADP
taxlaw-2855	388	38	testing	test	VERB
taxlaw-2855	388	39	regulatory	regulatory	ADJ
taxlaw-2855	388	40	authority	authority	NOUN
taxlaw-2855	388	41	345	345	NUM
taxlaw-2855	388	42	section	section	NOUN
taxlaw-2855	388	43	385	385	NUM
taxlaw-2855	388	44	authorizes	authorize	VERB
taxlaw-2855	388	45	the	the	DET
taxlaw-2855	388	46	irs	irs	PROPN
taxlaw-2855	388	47	to	to	PART
taxlaw-2855	388	48	prescribe	prescribe	VERB
taxlaw-2855	388	49	regulations	regulation	NOUN
taxlaw-2855	388	50	to	to	PART
taxlaw-2855	388	51	determine	determine	VERB
taxlaw-2855	388	52	whether	whether	SCONJ
taxlaw-2855	388	53	an	an	DET
taxlaw-2855	388	54	interest	interest	NOUN
taxlaw-2855	388	55	in	in	ADP
taxlaw-2855	388	56	a	a	DET
taxlaw-2855	388	57	corporation	corporation	NOUN
taxlaw-2855	388	58	is	be	AUX
taxlaw-2855	388	59	stock	stock	NOUN
taxlaw-2855	388	60	or	or	CCONJ
taxlaw-2855	388	61	debt	debt	NOUN
taxlaw-2855	388	62	(	(	PUNCT
taxlaw-2855	388	63	or	or	CCONJ
taxlaw-2855	388	64	part	part	NOUN
taxlaw-2855	388	65	-	-	PUNCT
taxlaw-2855	388	66	stock	stock	NOUN
taxlaw-2855	388	67	/	/	SYM
taxlaw-2855	388	68	part	part	NOUN
taxlaw-2855	388	69	-	-	PUNCT
taxlaw-2855	388	70	debt).49	debt).49	NOUN
taxlaw-2855	388	71	the	the	DET
taxlaw-2855	388	72	regulations	regulation	NOUN
taxlaw-2855	388	73	are	be	AUX
taxlaw-2855	388	74	supposed	suppose	VERB
taxlaw-2855	388	75	to	to	PART
taxlaw-2855	388	76	set	set	VERB
taxlaw-2855	388	77	forth	forth	ADP
taxlaw-2855	388	78	factors	factor	NOUN
taxlaw-2855	388	79	to	to	PART
taxlaw-2855	388	80	be	be	AUX
taxlaw-2855	388	81	taken	take	VERB
taxlaw-2855	388	82	into	into	ADP
taxlaw-2855	388	83	account	account	NOUN
taxlaw-2855	388	84	to	to	PART
taxlaw-2855	388	85	determine	determine	VERB
taxlaw-2855	388	86	“	"	PUNCT
taxlaw-2855	388	87	with	with	ADP
taxlaw-2855	388	88	respect	respect	NOUN
taxlaw-2855	388	89	to	to	ADP
taxlaw-2855	388	90	a	a	DET
taxlaw-2855	388	91	particular	particular	ADJ
taxlaw-2855	388	92	factual	factual	ADJ
taxlaw-2855	388	93	situation	situation	NOUN
taxlaw-2855	388	94	whether	whether	SCONJ
taxlaw-2855	388	95	a	a	DET
taxlaw-2855	388	96	debtor	debtor	NOUN
taxlaw-2855	388	97	-	-	PUNCT
taxlaw-2855	388	98	creditor	creditor	NOUN
taxlaw-2855	388	99	relationship	relationship	NOUN
taxlaw-2855	388	100	exists	exist	VERB
taxlaw-2855	388	101	or	or	CCONJ
taxlaw-2855	388	102	a	a	DET
taxlaw-2855	388	103	corporationshareholder	corporationshareholder	NOUN
taxlaw-2855	388	104	relationship	relationship	NOUN
taxlaw-2855	388	105	exists	exist	VERB
taxlaw-2855	388	106	.	.	PUNCT
taxlaw-2855	389	1	”50	”50	PROPN
taxlaw-2855	389	2	in	in	ADP
taxlaw-2855	389	3	treasury	treasury	PROPN
taxlaw-2855	389	4	regulations	regulation	NOUN
taxlaw-2855	389	5	section	section	NOUN
taxlaw-2855	389	6	1.385	1.385	NUM
taxlaw-2855	389	7	-	-	SYM
taxlaw-2855	389	8	3	3	NUM
taxlaw-2855	389	9	,	,	PUNCT
taxlaw-2855	389	10	the	the	DET
taxlaw-2855	389	11	irs	irs	PROPN
taxlaw-2855	389	12	set	set	VERB
taxlaw-2855	389	13	forth	forth	ADP
taxlaw-2855	389	14	a	a	DET
taxlaw-2855	389	15	“	"	PUNCT
taxlaw-2855	389	16	per	per	X
taxlaw-2855	389	17	se	se	X
taxlaw-2855	389	18	rule	rule	NOUN
taxlaw-2855	389	19	”	"	PUNCT
taxlaw-2855	389	20	that	that	PRON
taxlaw-2855	389	21	treats	treat	VERB
taxlaw-2855	389	22	debt	debt	NOUN
taxlaw-2855	389	23	as	as	ADP
taxlaw-2855	389	24	equity	equity	NOUN
taxlaw-2855	389	25	in	in	ADP
taxlaw-2855	389	26	the	the	DET
taxlaw-2855	389	27	following	follow	VERB
taxlaw-2855	389	28	circumstances	circumstance	NOUN
taxlaw-2855	389	29	where	where	SCONJ
taxlaw-2855	389	30	the	the	DET
taxlaw-2855	389	31	debtor	debtor	NOUN
taxlaw-2855	389	32	and	and	CCONJ
taxlaw-2855	389	33	creditor	creditor	NOUN
taxlaw-2855	389	34	are	be	AUX
taxlaw-2855	389	35	members	member	NOUN
taxlaw-2855	389	36	of	of	ADP
taxlaw-2855	389	37	the	the	DET
taxlaw-2855	389	38	same	same	ADJ
taxlaw-2855	389	39	expanded	expand	VERB
taxlaw-2855	389	40	group:51	group:51	NOUN
taxlaw-2855	389	41	(	(	PUNCT
taxlaw-2855	389	42	1	1	NUM
taxlaw-2855	389	43	)	)	PUNCT
taxlaw-2855	389	44	the	the	DET
taxlaw-2855	389	45	debt	debt	NOUN
taxlaw-2855	389	46	is	be	AUX
taxlaw-2855	389	47	distributed	distribute	VERB
taxlaw-2855	389	48	from	from	ADP
taxlaw-2855	389	49	a	a	DET
taxlaw-2855	389	50	corporation	corporation	NOUN
taxlaw-2855	389	51	to	to	ADP
taxlaw-2855	389	52	its	its	PRON
taxlaw-2855	389	53	shareholder	shareholder	NOUN
taxlaw-2855	389	54	,	,	PUNCT
taxlaw-2855	389	55	(	(	PUNCT
taxlaw-2855	389	56	2	2	X
taxlaw-2855	389	57	)	)	PUNCT
taxlaw-2855	389	58	the	the	DET
taxlaw-2855	389	59	debt	debt	NOUN
taxlaw-2855	389	60	is	be	AUX
taxlaw-2855	389	61	exchanged	exchange	VERB
taxlaw-2855	389	62	for	for	ADP
taxlaw-2855	389	63	expanded	expand	VERB
taxlaw-2855	389	64	group	group	NOUN
taxlaw-2855	389	65	stock	stock	NOUN
taxlaw-2855	389	66	(	(	PUNCT
taxlaw-2855	389	67	subject	subject	ADJ
taxlaw-2855	389	68	to	to	ADP
taxlaw-2855	389	69	certain	certain	ADJ
taxlaw-2855	389	70	exceptions	exception	NOUN
taxlaw-2855	389	71	)	)	PUNCT
taxlaw-2855	389	72	,	,	PUNCT
taxlaw-2855	389	73	or	or	CCONJ
taxlaw-2855	389	74	(	(	PUNCT
taxlaw-2855	389	75	3	3	X
taxlaw-2855	389	76	)	)	PUNCT
taxlaw-2855	389	77	the	the	DET
taxlaw-2855	389	78	debt	debt	NOUN
taxlaw-2855	389	79	is	be	AUX
taxlaw-2855	389	80	exchanged	exchange	VERB
taxlaw-2855	389	81	for	for	ADP
taxlaw-2855	389	82	property	property	NOUN
taxlaw-2855	389	83	in	in	ADP
taxlaw-2855	389	84	an	an	DET
taxlaw-2855	389	85	asset	asset	NOUN
taxlaw-2855	389	86	reorganization	reorganization	NOUN
taxlaw-2855	389	87	.	.	PUNCT
taxlaw-2855	390	1	in	in	ADP
taxlaw-2855	390	2	addition	addition	NOUN
taxlaw-2855	390	3	,	,	PUNCT
taxlaw-2855	390	4	if	if	SCONJ
taxlaw-2855	390	5	a	a	DET
taxlaw-2855	390	6	corporation	corporation	NOUN
taxlaw-2855	390	7	borrows	borrow	VERB
taxlaw-2855	390	8	cash	cash	NOUN
taxlaw-2855	390	9	from	from	ADP
taxlaw-2855	390	10	an	an	DET
taxlaw-2855	390	11	expanded	expand	VERB
taxlaw-2855	390	12	group	group	NOUN
taxlaw-2855	390	13	member	member	NOUN
taxlaw-2855	390	14	(	(	PUNCT
taxlaw-2855	390	15	a	a	DET
taxlaw-2855	390	16	“	"	PUNCT
taxlaw-2855	390	17	funding	funding	NOUN
taxlaw-2855	390	18	transaction	transaction	NOUN
taxlaw-2855	390	19	”	"	PUNCT
taxlaw-2855	390	20	)	)	PUNCT
taxlaw-2855	390	21	with	with	ADP
taxlaw-2855	390	22	a	a	DET
taxlaw-2855	390	23	principal	principal	ADJ
taxlaw-2855	390	24	purpose	purpose	NOUN
taxlaw-2855	390	25	of	of	ADP
taxlaw-2855	390	26	engaging	engage	VERB
taxlaw-2855	390	27	in	in	ADP
taxlaw-2855	390	28	a	a	DET
taxlaw-2855	390	29	transaction	transaction	NOUN
taxlaw-2855	390	30	described	describe	VERB
taxlaw-2855	390	31	above	above	ADV
taxlaw-2855	390	32	,	,	PUNCT
taxlaw-2855	390	33	but	but	CCONJ
taxlaw-2855	390	34	where	where	SCONJ
taxlaw-2855	390	35	cash	cash	NOUN
taxlaw-2855	390	36	or	or	CCONJ
taxlaw-2855	390	37	other	other	ADJ
taxlaw-2855	390	38	property	property	NOUN
taxlaw-2855	390	39	is	be	AUX
taxlaw-2855	390	40	distributed	distribute	VERB
taxlaw-2855	390	41	or	or	CCONJ
taxlaw-2855	390	42	exchanged	exchange	VERB
taxlaw-2855	390	43	instead	instead	ADV
taxlaw-2855	390	44	of	of	ADP
taxlaw-2855	390	45	debt	debt	NOUN
taxlaw-2855	390	46	(	(	PUNCT
taxlaw-2855	390	47	a	a	DET
taxlaw-2855	390	48	“	"	PUNCT
taxlaw-2855	390	49	funded	funded	ADJ
taxlaw-2855	390	50	transaction	transaction	NOUN
taxlaw-2855	390	51	”	"	PUNCT
taxlaw-2855	390	52	)	)	PUNCT
taxlaw-2855	390	53	,	,	PUNCT
taxlaw-2855	390	54	the	the	DET
taxlaw-2855	390	55	funding	funding	NOUN
taxlaw-2855	390	56	transaction	transaction	NOUN
taxlaw-2855	390	57	is	be	AUX
taxlaw-2855	390	58	recharacterized	recharacterize	VERB
taxlaw-2855	390	59	as	as	ADP
taxlaw-2855	390	60	equity	equity	NOUN
taxlaw-2855	390	61	(	(	PUNCT
taxlaw-2855	390	62	the	the	DET
taxlaw-2855	390	63	“	"	PUNCT
taxlaw-2855	390	64	funding	funding	NOUN
taxlaw-2855	390	65	rule	rule	NOUN
taxlaw-2855	390	66	”	"	PUNCT
taxlaw-2855	390	67	)	)	PUNCT
taxlaw-2855	390	68	.	.	PUNCT
taxlaw-2855	391	1	the	the	DET
taxlaw-2855	391	2	funding	funding	NOUN
taxlaw-2855	391	3	rule	rule	NOUN
taxlaw-2855	391	4	is	be	AUX
taxlaw-2855	391	5	implicated	implicate	VERB
taxlaw-2855	391	6	if	if	SCONJ
taxlaw-2855	391	7	the	the	DET
taxlaw-2855	391	8	funding	funding	NOUN
taxlaw-2855	391	9	transaction	transaction	NOUN
taxlaw-2855	391	10	and	and	CCONJ
taxlaw-2855	391	11	funded	fund	VERB
taxlaw-2855	391	12	transaction	transaction	NOUN
taxlaw-2855	391	13	occur	occur	VERB
taxlaw-2855	391	14	within	within	ADP
taxlaw-2855	391	15	36	36	NUM
taxlaw-2855	391	16	months	month	NOUN
taxlaw-2855	391	17	of	of	ADP
taxlaw-2855	391	18	each	each	DET
taxlaw-2855	391	19	other	other	ADJ
taxlaw-2855	391	20	,	,	PUNCT
taxlaw-2855	391	21	regardless	regardless	ADV
taxlaw-2855	391	22	of	of	ADP
taxlaw-2855	391	23	whether	whether	SCONJ
taxlaw-2855	391	24	the	the	DET
taxlaw-2855	391	25	funding	funding	NOUN
taxlaw-2855	391	26	transaction	transaction	NOUN
taxlaw-2855	391	27	was	be	AUX
taxlaw-2855	391	28	undertaken	undertake	VERB
taxlaw-2855	391	29	with	with	ADP
taxlaw-2855	391	30	a	a	DET
taxlaw-2855	391	31	principal	principal	ADJ
taxlaw-2855	391	32	purpose	purpose	NOUN
taxlaw-2855	391	33	of	of	ADP
taxlaw-2855	391	34	financing	finance	VERB
taxlaw-2855	391	35	the	the	DET
taxlaw-2855	391	36	funded	funded	ADJ
taxlaw-2855	391	37	transaction.52	transaction.52	NOUN
taxlaw-2855	391	38	there	there	PRON
taxlaw-2855	391	39	are	be	VERB
taxlaw-2855	391	40	exceptions	exception	NOUN
taxlaw-2855	391	41	to	to	ADP
taxlaw-2855	391	42	the	the	DET
taxlaw-2855	391	43	per	per	X
taxlaw-2855	391	44	se	se	X
taxlaw-2855	391	45	rule	rule	NOUN
taxlaw-2855	391	46	,	,	PUNCT
taxlaw-2855	391	47	including	include	VERB
taxlaw-2855	391	48	(	(	PUNCT
taxlaw-2855	391	49	1	1	X
taxlaw-2855	391	50	)	)	PUNCT
taxlaw-2855	391	51	an	an	DET
taxlaw-2855	391	52	exception	exception	NOUN
taxlaw-2855	391	53	to	to	ADP
taxlaw-2855	391	54	the	the	DET
taxlaw-2855	391	55	extent	extent	NOUN
taxlaw-2855	391	56	of	of	ADP
taxlaw-2855	391	57	accumulated	accumulate	VERB
taxlaw-2855	391	58	e&p	e&p	PROPN
taxlaw-2855	391	59	of	of	ADP
taxlaw-2855	391	60	the	the	DET
taxlaw-2855	391	61	debtor,53	debtor,53	NOUN
taxlaw-2855	391	62	(	(	PUNCT
taxlaw-2855	391	63	2	2	NUM
taxlaw-2855	391	64	)	)	PUNCT
taxlaw-2855	391	65	a	a	DET
taxlaw-2855	391	66	de	de	X
taxlaw-2855	391	67	minimis	minimis	NOUN
taxlaw-2855	391	68	threshold	threshold	NOUN
taxlaw-2855	391	69	of	of	ADP
taxlaw-2855	391	70	$	$	SYM
taxlaw-2855	391	71	50	50	NUM
taxlaw-2855	391	72	million,54	million,54	NOUN
taxlaw-2855	391	73	(	(	PUNCT
taxlaw-2855	391	74	3	3	NUM
taxlaw-2855	391	75	)	)	PUNCT
taxlaw-2855	391	76	an	an	DET
taxlaw-2855	391	77	exception	exception	NOUN
taxlaw-2855	391	78	for	for	ADP
taxlaw-2855	391	79	debt	debt	NOUN
taxlaw-2855	391	80	between	between	ADP
taxlaw-2855	391	81	consolidated	consolidated	ADJ
taxlaw-2855	391	82	group	group	NOUN
taxlaw-2855	391	83	members	member	NOUN
taxlaw-2855	391	84	,	,	PUNCT
taxlaw-2855	391	85	55	55	NUM
taxlaw-2855	391	86	(	(	PUNCT
taxlaw-2855	391	87	4	4	NUM
taxlaw-2855	391	88	)	)	PUNCT
taxlaw-2855	391	89	a	a	DET
taxlaw-2855	391	90	limited	limited	ADJ
taxlaw-2855	391	91	ordinary	ordinary	ADJ
taxlaw-2855	391	92	course	course	NOUN
taxlaw-2855	391	93	of	of	ADP
taxlaw-2855	391	94	business	business	NOUN
taxlaw-2855	391	95	exception	exception	NOUN
taxlaw-2855	391	96	,	,	PUNCT
taxlaw-2855	391	97	56	56	NUM
taxlaw-2855	391	98	(	(	PUNCT
taxlaw-2855	391	99	5	5	NUM
taxlaw-2855	391	100	)	)	PUNCT
taxlaw-2855	391	101	an	an	DET
taxlaw-2855	391	102	exception	exception	NOUN
taxlaw-2855	391	103	for	for	ADP
taxlaw-2855	391	104	instruments	instrument	NOUN
taxlaw-2855	391	105	issued	issue	VERB
taxlaw-2855	391	106	by	by	ADP
taxlaw-2855	391	107	certain	certain	ADJ
taxlaw-2855	391	108	regulated	regulated	ADJ
taxlaw-2855	391	109	financial	financial	ADJ
taxlaw-2855	391	110	companies	company	NOUN
taxlaw-2855	391	111	and	and	CCONJ
taxlaw-2855	391	112	regulated	regulated	ADJ
taxlaw-2855	391	113	insurance	insurance	NOUN
taxlaw-2855	391	114	companies,57	companies,57	NOUN
taxlaw-2855	391	115	(	(	PUNCT
taxlaw-2855	391	116	6	6	NUM
taxlaw-2855	391	117	)	)	PUNCT
taxlaw-2855	391	118	an	an	DET
taxlaw-2855	391	119	exception	exception	NOUN
taxlaw-2855	391	120	for	for	ADP
taxlaw-2855	391	121	debt	debt	NOUN
taxlaw-2855	391	122	issued	issue	VERB
taxlaw-2855	391	123	by	by	ADP
taxlaw-2855	391	124	nonu.s	nonu.s	PROPN
taxlaw-2855	391	125	.	.	PUNCT
taxlaw-2855	392	1	corporations	corporation	NOUN
taxlaw-2855	392	2	,	,	PUNCT
taxlaw-2855	392	3	and	and	CCONJ
taxlaw-2855	392	4	(	(	PUNCT
taxlaw-2855	392	5	7	7	X
taxlaw-2855	392	6	)	)	PUNCT
taxlaw-2855	392	7	a	a	DET
taxlaw-2855	392	8	rule	rule	NOUN
taxlaw-2855	392	9	allowing	allow	VERB
taxlaw-2855	392	10	certain	certain	ADJ
taxlaw-2855	392	11	distributions	distribution	NOUN
taxlaw-2855	392	12	and	and	CCONJ
taxlaw-2855	392	13	acquisitions	acquisition	NOUN
taxlaw-2855	392	14	by	by	ADP
taxlaw-2855	392	15	an	an	DET
taxlaw-2855	392	16	expanded	expand	VERB
taxlaw-2855	392	17	group	group	NOUN
taxlaw-2855	392	18	member	member	NOUN
taxlaw-2855	392	19	to	to	PART
taxlaw-2855	392	20	be	be	AUX
taxlaw-2855	392	21	netted	net	VERB
taxlaw-2855	392	22	against	against	ADP
taxlaw-2855	392	23	the	the	DET
taxlaw-2855	392	24	fair	fair	ADJ
taxlaw-2855	392	25	market	market	NOUN
taxlaw-2855	392	26	value	value	NOUN
taxlaw-2855	392	27	of	of	ADP
taxlaw-2855	392	28	stock	stock	NOUN
taxlaw-2855	392	29	issued	issue	VERB
taxlaw-2855	392	30	by	by	ADP
taxlaw-2855	392	31	that	that	DET
taxlaw-2855	392	32	member.58	member.58	NOUN
taxlaw-2855	392	33	if	if	SCONJ
taxlaw-2855	392	34	a	a	DET
taxlaw-2855	392	35	debt	debt	NOUN
taxlaw-2855	392	36	instrument	instrument	NOUN
taxlaw-2855	392	37	is	be	AUX
taxlaw-2855	392	38	recharacterized	recharacterize	VERB
taxlaw-2855	392	39	as	as	ADP
taxlaw-2855	392	40	stock	stock	NOUN
taxlaw-2855	392	41	,	,	PUNCT
taxlaw-2855	392	42	the	the	DET
taxlaw-2855	392	43	debt	debt	NOUN
taxlaw-2855	392	44	instrument	instrument	NOUN
taxlaw-2855	392	45	is	be	AUX
taxlaw-2855	392	46	treated	treat	VERB
taxlaw-2855	392	47	as	as	ADP
taxlaw-2855	392	48	stock	stock	NOUN
taxlaw-2855	392	49	for	for	ADP
taxlaw-2855	392	50	all	all	DET
taxlaw-2855	392	51	purposes	purpose	NOUN
taxlaw-2855	392	52	of	of	ADP
taxlaw-2855	392	53	the	the	DET
taxlaw-2855	392	54	code	code	NOUN
taxlaw-2855	392	55	.	.	PUNCT
taxlaw-2855	393	1	1	1	X
taxlaw-2855	393	2	.	.	X
taxlaw-2855	393	3	irs	irs	PROPN
taxlaw-2855	393	4	claimed	claim	VERB
taxlaw-2855	393	5	authority	authority	NOUN
taxlaw-2855	393	6	.	.	PUNCT
taxlaw-2855	394	1	in	in	ADP
taxlaw-2855	394	2	the	the	DET
taxlaw-2855	394	3	preamble	preamble	NOUN
taxlaw-2855	394	4	to	to	ADP
taxlaw-2855	394	5	the	the	DET
taxlaw-2855	394	6	proposed	propose	VERB
taxlaw-2855	394	7	385	385	NUM
taxlaw-2855	394	8	regulations,59	regulations,59	VERB
taxlaw-2855	394	9	the	the	DET
taxlaw-2855	394	10	irs	irs	PROPN
taxlaw-2855	394	11	relied	rely	VERB
taxlaw-2855	394	12	on	on	ADP
taxlaw-2855	394	13	section	section	NOUN
taxlaw-2855	394	14	385(a	385(a	NUM
taxlaw-2855	394	15	)	)	PUNCT
taxlaw-2855	394	16	’s	’s	PART
taxlaw-2855	394	17	grant	grant	NOUN
taxlaw-2855	394	18	of	of	ADP
taxlaw-2855	394	19	regulatory	regulatory	ADJ
taxlaw-2855	394	20	authority	authority	NOUN
taxlaw-2855	394	21	to	to	PART
taxlaw-2855	394	22	adopt	adopt	VERB
taxlaw-2855	394	23	rules	rule	NOUN
taxlaw-2855	394	24	for	for	ADP
taxlaw-2855	394	25	the	the	DET
taxlaw-2855	394	26	“	"	PUNCT
taxlaw-2855	394	27	particular	particular	ADJ
taxlaw-2855	394	28	factual	factual	ADJ
taxlaw-2855	394	29	situations	situation	NOUN
taxlaw-2855	394	30	”	"	PUNCT
taxlaw-2855	394	31	49	49	NUM
taxlaw-2855	394	32	i.r.c	i.r.c	NOUN
taxlaw-2855	394	33	.	.	PUNCT
taxlaw-2855	395	1	§	§	PROPN
taxlaw-2855	395	2	385(a	385(a	NUM
taxlaw-2855	395	3	)	)	PUNCT
taxlaw-2855	395	4	.	.	PUNCT
taxlaw-2855	396	1	50	50	NUM
taxlaw-2855	396	2	i.r.c	i.r.c	NOUN
taxlaw-2855	396	3	.	.	PUNCT
taxlaw-2855	397	1	§	§	PROPN
taxlaw-2855	397	2	385(b	385(b	PROPN
taxlaw-2855	397	3	)	)	PUNCT
taxlaw-2855	397	4	.	.	PUNCT
taxlaw-2855	398	1	51	51	NUM
taxlaw-2855	398	2	see	see	NOUN
taxlaw-2855	398	3	i.r.c	i.r.c	NOUN
taxlaw-2855	398	4	.	.	PUNCT
taxlaw-2855	399	1	§	§	PROPN
taxlaw-2855	399	2	1504(a)(1	1504(a)(1	NUM
taxlaw-2855	399	3	)	)	PUNCT
taxlaw-2855	399	4	(	(	PUNCT
taxlaw-2855	399	5	defining	define	VERB
taxlaw-2855	399	6	“	"	PUNCT
taxlaw-2855	399	7	affiliated	affiliated	ADJ
taxlaw-2855	399	8	group	group	NOUN
taxlaw-2855	399	9	”	"	PUNCT
taxlaw-2855	399	10	to	to	PART
taxlaw-2855	399	11	mean	mean	VERB
taxlaw-2855	399	12	“	"	PUNCT
taxlaw-2855	399	13	1	1	NUM
taxlaw-2855	399	14	or	or	CCONJ
taxlaw-2855	399	15	more	more	ADJ
taxlaw-2855	399	16	chains	chain	NOUN
taxlaw-2855	399	17	of	of	ADP
taxlaw-2855	399	18	includible	includible	ADJ
taxlaw-2855	399	19	corporations	corporation	NOUN
taxlaw-2855	399	20	connected	connect	VERB
taxlaw-2855	399	21	through	through	ADP
taxlaw-2855	399	22	stock	stock	NOUN
taxlaw-2855	399	23	ownership	ownership	NOUN
taxlaw-2855	399	24	with	with	ADP
taxlaw-2855	399	25	a	a	DET
taxlaw-2855	399	26	common	common	ADJ
taxlaw-2855	399	27	parent	parent	NOUN
taxlaw-2855	399	28	corporation	corporation	NOUN
taxlaw-2855	399	29	which	which	PRON
taxlaw-2855	399	30	is	be	AUX
taxlaw-2855	399	31	an	an	DET
taxlaw-2855	399	32	includible	includible	ADJ
taxlaw-2855	399	33	corporation	corporation	NOUN
taxlaw-2855	399	34	,	,	PUNCT
taxlaw-2855	399	35	”	"	PUNCT
taxlaw-2855	399	36	but	but	CCONJ
taxlaw-2855	399	37	only	only	ADV
taxlaw-2855	399	38	if	if	SCONJ
taxlaw-2855	399	39	the	the	DET
taxlaw-2855	399	40	common	common	ADJ
taxlaw-2855	399	41	parent	parent	NOUN
taxlaw-2855	399	42	owns	own	VERB
taxlaw-2855	399	43	80	80	NUM
taxlaw-2855	399	44	%	%	NOUN
taxlaw-2855	399	45	of	of	ADP
taxlaw-2855	399	46	the	the	DET
taxlaw-2855	399	47	total	total	ADJ
taxlaw-2855	399	48	voting	voting	NOUN
taxlaw-2855	399	49	power	power	NOUN
taxlaw-2855	399	50	and	and	CCONJ
taxlaw-2855	399	51	value	value	NOUN
taxlaw-2855	399	52	of	of	ADP
taxlaw-2855	399	53	at	at	ADV
taxlaw-2855	399	54	least	least	ADJ
taxlaw-2855	399	55	one	one	NUM
taxlaw-2855	399	56	of	of	ADP
taxlaw-2855	399	57	the	the	DET
taxlaw-2855	399	58	other	other	ADJ
taxlaw-2855	399	59	includible	includible	ADJ
taxlaw-2855	399	60	corporations	corporation	NOUN
taxlaw-2855	399	61	and	and	CCONJ
taxlaw-2855	399	62	every	every	DET
taxlaw-2855	399	63	includible	includible	ADJ
taxlaw-2855	399	64	corporation	corporation	NOUN
taxlaw-2855	399	65	within	within	ADP
taxlaw-2855	399	66	the	the	DET
taxlaw-2855	399	67	chain	chain	NOUN
taxlaw-2855	399	68	is	be	AUX
taxlaw-2855	399	69	owned	own	VERB
taxlaw-2855	399	70	80	80	NUM
taxlaw-2855	399	71	%	%	NOUN
taxlaw-2855	399	72	by	by	ADP
taxlaw-2855	399	73	vote	vote	NOUN
taxlaw-2855	399	74	and	and	CCONJ
taxlaw-2855	399	75	value	value	NOUN
taxlaw-2855	399	76	by	by	ADP
taxlaw-2855	399	77	another	another	DET
taxlaw-2855	399	78	includible	includible	ADJ
taxlaw-2855	399	79	corporation	corporation	NOUN
taxlaw-2855	399	80	)	)	PUNCT
taxlaw-2855	399	81	;	;	PUNCT
taxlaw-2855	400	1	treas	treas	PROPN
taxlaw-2855	400	2	.	.	PUNCT
taxlaw-2855	401	1	reg	reg	PROPN
taxlaw-2855	401	2	.	.	PUNCT
taxlaw-2855	402	1	§	§	PROPN
taxlaw-2855	402	2	1.385	1.385	NUM
taxlaw-2855	402	3	-	-	SYM
taxlaw-2855	402	4	1(c)(4	1(c)(4	NUM
taxlaw-2855	402	5	)	)	PUNCT
taxlaw-2855	402	6	(	(	PUNCT
taxlaw-2855	402	7	defining	define	VERB
taxlaw-2855	402	8	“	"	PUNCT
taxlaw-2855	402	9	expanded	expand	VERB
taxlaw-2855	402	10	group	group	NOUN
taxlaw-2855	402	11	”	"	PUNCT
taxlaw-2855	402	12	using	use	VERB
taxlaw-2855	402	13	concepts	concept	NOUN
taxlaw-2855	402	14	similar	similar	ADJ
taxlaw-2855	402	15	to	to	ADP
taxlaw-2855	402	16	those	those	PRON
taxlaw-2855	402	17	used	use	VERB
taxlaw-2855	402	18	to	to	PART
taxlaw-2855	402	19	define	define	VERB
taxlaw-2855	402	20	the	the	DET
taxlaw-2855	402	21	term	term	NOUN
taxlaw-2855	402	22	“	"	PUNCT
taxlaw-2855	402	23	affiliated	affiliated	ADJ
taxlaw-2855	402	24	group	group	NOUN
taxlaw-2855	402	25	,	,	PUNCT
taxlaw-2855	402	26	”	"	PUNCT
taxlaw-2855	402	27	such	such	ADJ
taxlaw-2855	402	28	that	that	SCONJ
taxlaw-2855	402	29	,	,	PUNCT
taxlaw-2855	402	30	in	in	ADP
taxlaw-2855	402	31	general	general	ADJ
taxlaw-2855	402	32	,	,	PUNCT
taxlaw-2855	402	33	an	an	DET
taxlaw-2855	402	34	“	"	PUNCT
taxlaw-2855	402	35	expanded	expand	VERB
taxlaw-2855	402	36	group	group	NOUN
taxlaw-2855	402	37	”	"	PUNCT
taxlaw-2855	402	38	contains	contain	VERB
taxlaw-2855	402	39	foreign	foreign	ADJ
taxlaw-2855	402	40	corporations	corporation	NOUN
taxlaw-2855	402	41	and	and	CCONJ
taxlaw-2855	402	42	corporations	corporation	NOUN
taxlaw-2855	402	43	that	that	PRON
taxlaw-2855	402	44	are	be	AUX
taxlaw-2855	402	45	80	80	NUM
taxlaw-2855	402	46	%	%	NOUN
taxlaw-2855	402	47	owned	own	VERB
taxlaw-2855	402	48	by	by	ADP
taxlaw-2855	402	49	vote	vote	NOUN
taxlaw-2855	402	50	or	or	CCONJ
taxlaw-2855	402	51	value	value	NOUN
taxlaw-2855	402	52	)	)	PUNCT
taxlaw-2855	402	53	.	.	PUNCT
taxlaw-2855	403	1	52	52	NUM
taxlaw-2855	403	2	26	26	NUM
taxlaw-2855	403	3	c.f.r	c.f.r	NOUN
taxlaw-2855	403	4	.	.	PUNCT
taxlaw-2855	404	1	§	§	PROPN
taxlaw-2855	404	2	1.385	1.385	NUM
taxlaw-2855	404	3	-	-	SYM
taxlaw-2855	404	4	3(b	3(b	NUM
taxlaw-2855	404	5	)	)	PUNCT
taxlaw-2855	404	6	.	.	PUNCT
taxlaw-2855	405	1	53	53	NUM
taxlaw-2855	405	2	26	26	NUM
taxlaw-2855	405	3	c.f.r	c.f.r	NOUN
taxlaw-2855	405	4	.	.	PUNCT
taxlaw-2855	406	1	§	§	PROPN
taxlaw-2855	406	2	1.385	1.385	NUM
taxlaw-2855	406	3	-	-	SYM
taxlaw-2855	406	4	3(c)(3)(c	3(c)(3)(c	NUM
taxlaw-2855	406	5	)	)	PUNCT
taxlaw-2855	406	6	.	.	PUNCT
taxlaw-2855	407	1	54	54	NUM
taxlaw-2855	407	2	26	26	NUM
taxlaw-2855	407	3	c.f.r	c.f.r	NOUN
taxlaw-2855	407	4	.	.	PUNCT
taxlaw-2855	408	1	§	§	PROPN
taxlaw-2855	408	2	1.385	1.385	NUM
taxlaw-2855	408	3	-	-	SYM
taxlaw-2855	408	4	3(c)(4	3(c)(4	NUM
taxlaw-2855	408	5	)	)	PUNCT
taxlaw-2855	408	6	.	.	PUNCT
taxlaw-2855	409	1	55	55	NUM
taxlaw-2855	409	2	26	26	NUM
taxlaw-2855	409	3	c.f.r	c.f.r	NOUN
taxlaw-2855	409	4	.	.	PUNCT
taxlaw-2855	410	1	§	§	PROPN
taxlaw-2855	410	2	1.385	1.385	NUM
taxlaw-2855	410	3	-	-	PUNCT
taxlaw-2855	410	4	4t(b	4t(b	NUM
taxlaw-2855	410	5	)	)	PUNCT
taxlaw-2855	410	6	.	.	PUNCT
taxlaw-2855	411	1	56	56	NUM
taxlaw-2855	411	2	26	26	NUM
taxlaw-2855	411	3	c.f.r	c.f.r	NOUN
taxlaw-2855	411	4	.	.	PUNCT
taxlaw-2855	412	1	§	§	PROPN
taxlaw-2855	412	2	1.385	1.385	NUM
taxlaw-2855	412	3	-	-	SYM
taxlaw-2855	412	4	3t(b)(3)(vii)(b	3t(b)(3)(vii)(b	NUM
taxlaw-2855	412	5	)	)	PUNCT
taxlaw-2855	412	6	.	.	PUNCT
taxlaw-2855	413	1	57	57	NUM
taxlaw-2855	413	2	26	26	NUM
taxlaw-2855	413	3	c.f.r	c.f.r	NOUN
taxlaw-2855	413	4	.	.	PUNCT
taxlaw-2855	414	1	§	§	PROPN
taxlaw-2855	414	2	1.385	1.385	NUM
taxlaw-2855	414	3	-	-	PUNCT
taxlaw-2855	414	4	3(g)(3)(i	3(g)(3)(i	NUM
taxlaw-2855	414	5	)	)	PUNCT
taxlaw-2855	414	6	,	,	PUNCT
taxlaw-2855	414	7	(	(	PUNCT
taxlaw-2855	414	8	iv	iv	X
taxlaw-2855	414	9	)	)	PUNCT
taxlaw-2855	414	10	.	.	PUNCT
taxlaw-2855	415	1	58	58	NUM
taxlaw-2855	415	2	26	26	NUM
taxlaw-2855	415	3	c.f.r	c.f.r	NOUN
taxlaw-2855	415	4	.	.	PUNCT
taxlaw-2855	416	1	§	§	PROPN
taxlaw-2855	416	2	1.385	1.385	NUM
taxlaw-2855	416	3	-	-	PUNCT
taxlaw-2855	416	4	3(c)(3)(ii)(a	3(c)(3)(ii)(a	NUM
taxlaw-2855	416	5	)	)	PUNCT
taxlaw-2855	416	6	.	.	PUNCT
taxlaw-2855	417	1	59	59	NUM
taxlaw-2855	417	2	we	we	PRON
taxlaw-2855	417	3	focus	focus	VERB
taxlaw-2855	417	4	our	our	PRON
taxlaw-2855	417	5	analysis	analysis	NOUN
taxlaw-2855	417	6	on	on	ADP
taxlaw-2855	417	7	the	the	DET
taxlaw-2855	417	8	preamble	preamble	NOUN
taxlaw-2855	417	9	to	to	ADP
taxlaw-2855	417	10	the	the	DET
taxlaw-2855	417	11	proposed	propose	VERB
taxlaw-2855	417	12	385	385	NUM
taxlaw-2855	417	13	regulations	regulation	NOUN
taxlaw-2855	417	14	because	because	SCONJ
taxlaw-2855	417	15	the	the	DET
taxlaw-2855	417	16	preamble	preamble	NOUN
taxlaw-2855	417	17	lays	lay	VERB
taxlaw-2855	417	18	out	out	ADP
taxlaw-2855	417	19	the	the	DET
taxlaw-2855	417	20	irs	irs	PROPN
taxlaw-2855	417	21	’s	’s	PART
taxlaw-2855	417	22	authority	authority	NOUN
taxlaw-2855	417	23	argument	argument	NOUN
taxlaw-2855	417	24	more	more	ADV
taxlaw-2855	417	25	clearly	clearly	ADV
taxlaw-2855	417	26	.	.	PUNCT
taxlaw-2855	418	1	the	the	DET
taxlaw-2855	418	2	preamble	preamble	NOUN
taxlaw-2855	418	3	to	to	ADP
taxlaw-2855	418	4	the	the	DET
taxlaw-2855	418	5	final	final	ADJ
taxlaw-2855	418	6	and	and	CCONJ
taxlaw-2855	418	7	temporary	temporary	ADJ
taxlaw-2855	418	8	385	385	NUM
taxlaw-2855	418	9	regulations	regulation	NOUN
taxlaw-2855	418	10	does	do	AUX
taxlaw-2855	418	11	respond	respond	VERB
taxlaw-2855	418	12	to	to	ADP
taxlaw-2855	418	13	comments	comment	NOUN
taxlaw-2855	418	14	regarding	regard	VERB
taxlaw-2855	418	15	the	the	DET
taxlaw-2855	418	16	irs	irs	PROPN
taxlaw-2855	418	17	’s	’s	PART
taxlaw-2855	418	18	authority	authority	NOUN
taxlaw-2855	418	19	to	to	PART
taxlaw-2855	418	20	issue	issue	VERB
taxlaw-2855	418	21	the	the	DET
taxlaw-2855	418	22	section	section	NOUN
taxlaw-2855	418	23	385	385	NUM
taxlaw-2855	418	24	regulations	regulation	NOUN
taxlaw-2855	418	25	(	(	PUNCT
taxlaw-2855	418	26	see	see	VERB
taxlaw-2855	418	27	“	"	PUNCT
taxlaw-2855	418	28	summary	summary	NOUN
taxlaw-2855	418	29	of	of	ADP
taxlaw-2855	418	30	comments	comment	NOUN
taxlaw-2855	418	31	and	and	CCONJ
taxlaw-2855	418	32	explanation	explanation	NOUN
taxlaw-2855	418	33	of	of	ADP
taxlaw-2855	418	34	revisions	revision	NOUN
taxlaw-2855	418	35	”	"	PUNCT
taxlaw-2855	418	36	,	,	PUNCT
taxlaw-2855	418	37	ii.a	ii.a	PROPN
taxlaw-2855	418	38	.	.	PUNCT
taxlaw-2855	418	39	)	)	PUNCT
taxlaw-2855	418	40	,	,	PUNCT
taxlaw-2855	418	41	however	however	ADV
taxlaw-2855	418	42	the	the	DET
taxlaw-2855	418	43	response	response	NOUN
taxlaw-2855	418	44	largely	largely	ADV
taxlaw-2855	418	45	repeats	repeat	VERB
taxlaw-2855	418	46	the	the	DET
taxlaw-2855	418	47	arguments	argument	NOUN
taxlaw-2855	418	48	made	make	VERB
taxlaw-2855	418	49	in	in	ADP
taxlaw-2855	418	50	the	the	DET
taxlaw-2855	418	51	preamble	preamble	NOUN
taxlaw-2855	418	52	to	to	ADP
taxlaw-2855	418	53	the	the	DET
taxlaw-2855	418	54	proposed	propose	VERB
taxlaw-2855	418	55	385	385	NUM
taxlaw-2855	418	56	regulations	regulation	NOUN
taxlaw-2855	418	57	.	.	PUNCT
taxlaw-2855	419	1	346	346	NUM
taxlaw-2855	419	2	columbia	columbia	PROPN
taxlaw-2855	419	3	journal	journal	NOUN
taxlaw-2855	419	4	of	of	ADP
taxlaw-2855	419	5	tax	tax	NOUN
taxlaw-2855	419	6	law	law	NOUN
taxlaw-2855	419	7	[	[	X
taxlaw-2855	419	8	vol.8:326	vol.8:326	PROPN
taxlaw-2855	419	9	that	that	SCONJ
taxlaw-2855	419	10	the	the	DET
taxlaw-2855	419	11	irs	irs	PROPN
taxlaw-2855	419	12	believes	believe	VERB
taxlaw-2855	419	13	“	"	PUNCT
taxlaw-2855	419	14	raise	raise	VERB
taxlaw-2855	419	15	significant	significant	ADJ
taxlaw-2855	419	16	policy	policy	NOUN
taxlaw-2855	419	17	concerns	concern	NOUN
taxlaw-2855	419	18	.	.	PUNCT
taxlaw-2855	419	19	”60	”60	PROPN
taxlaw-2855	420	1	the	the	DET
taxlaw-2855	420	2	irs	irs	PROPN
taxlaw-2855	420	3	cited	cite	VERB
taxlaw-2855	420	4	to	to	ADP
taxlaw-2855	420	5	section	section	NOUN
taxlaw-2855	420	6	385	385	NUM
taxlaw-2855	420	7	’s	’s	PART
taxlaw-2855	420	8	legislative	legislative	ADJ
taxlaw-2855	420	9	history	history	NOUN
taxlaw-2855	420	10	for	for	ADP
taxlaw-2855	420	11	the	the	DET
taxlaw-2855	420	12	proposition	proposition	NOUN
taxlaw-2855	420	13	that	that	SCONJ
taxlaw-2855	420	14	the	the	DET
taxlaw-2855	420	15	irs	irs	PROPN
taxlaw-2855	420	16	need	need	AUX
taxlaw-2855	420	17	not	not	PART
taxlaw-2855	420	18	rely	rely	VERB
taxlaw-2855	420	19	on	on	ADP
taxlaw-2855	420	20	the	the	DET
taxlaw-2855	420	21	factors	factor	NOUN
taxlaw-2855	420	22	listed	list	VERB
taxlaw-2855	420	23	in	in	ADP
taxlaw-2855	420	24	section	section	NOUN
taxlaw-2855	420	25	385(b	385(b	PROPN
taxlaw-2855	420	26	):	):	PUNCT
taxlaw-2855	420	27	the	the	DET
taxlaw-2855	420	28	provision	provision	NOUN
taxlaw-2855	420	29	also	also	ADV
taxlaw-2855	420	30	specifies	specify	VERB
taxlaw-2855	420	31	certain	certain	ADJ
taxlaw-2855	420	32	factors	factor	NOUN
taxlaw-2855	420	33	which	which	PRON
taxlaw-2855	420	34	may	may	AUX
taxlaw-2855	420	35	be	be	AUX
taxlaw-2855	420	36	taken	take	VERB
taxlaw-2855	420	37	into	into	ADP
taxlaw-2855	420	38	account	account	NOUN
taxlaw-2855	420	39	in	in	ADP
taxlaw-2855	420	40	these	these	DET
taxlaw-2855	420	41	[	[	X
taxlaw-2855	420	42	regulatory	regulatory	ADJ
taxlaw-2855	420	43	]	]	PUNCT
taxlaw-2855	420	44	guidelines	guideline	NOUN
taxlaw-2855	420	45	.	.	PUNCT
taxlaw-2855	421	1	it	it	PRON
taxlaw-2855	421	2	is	be	AUX
taxlaw-2855	421	3	not	not	PART
taxlaw-2855	421	4	intended	intend	VERB
taxlaw-2855	421	5	that	that	SCONJ
taxlaw-2855	421	6	only	only	ADV
taxlaw-2855	421	7	these	these	DET
taxlaw-2855	421	8	factors	factor	NOUN
taxlaw-2855	421	9	be	be	AUX
taxlaw-2855	421	10	included	include	VERB
taxlaw-2855	421	11	in	in	ADP
taxlaw-2855	421	12	the	the	DET
taxlaw-2855	421	13	guidelines	guideline	NOUN
taxlaw-2855	421	14	or	or	CCONJ
taxlaw-2855	421	15	that	that	SCONJ
taxlaw-2855	421	16	,	,	PUNCT
taxlaw-2855	421	17	with	with	ADP
taxlaw-2855	421	18	respect	respect	NOUN
taxlaw-2855	421	19	to	to	ADP
taxlaw-2855	421	20	a	a	DET
taxlaw-2855	421	21	particular	particular	ADJ
taxlaw-2855	421	22	situation	situation	NOUN
taxlaw-2855	421	23	,	,	PUNCT
taxlaw-2855	421	24	any	any	PRON
taxlaw-2855	421	25	of	of	ADP
taxlaw-2855	421	26	these	these	DET
taxlaw-2855	421	27	factors	factor	NOUN
taxlaw-2855	421	28	must	must	AUX
taxlaw-2855	421	29	be	be	AUX
taxlaw-2855	421	30	included	include	VERB
taxlaw-2855	421	31	in	in	ADP
taxlaw-2855	421	32	the	the	DET
taxlaw-2855	421	33	guidelines	guideline	NOUN
taxlaw-2855	421	34	,	,	PUNCT
taxlaw-2855	421	35	or	or	CCONJ
taxlaw-2855	421	36	that	that	SCONJ
taxlaw-2855	421	37	any	any	PRON
taxlaw-2855	421	38	of	of	ADP
taxlaw-2855	421	39	the	the	DET
taxlaw-2855	421	40	factors	factor	NOUN
taxlaw-2855	421	41	which	which	PRON
taxlaw-2855	421	42	are	be	AUX
taxlaw-2855	421	43	included	include	VERB
taxlaw-2855	421	44	by	by	ADP
taxlaw-2855	421	45	statute	statute	NOUN
taxlaw-2855	421	46	must	must	AUX
taxlaw-2855	421	47	necessarily	necessarily	ADV
taxlaw-2855	421	48	be	be	AUX
taxlaw-2855	421	49	given	give	VERB
taxlaw-2855	421	50	any	any	DET
taxlaw-2855	421	51	more	more	ADJ
taxlaw-2855	421	52	weight	weight	NOUN
taxlaw-2855	421	53	than	than	ADP
taxlaw-2855	421	54	other	other	ADJ
taxlaw-2855	421	55	factors	factor	NOUN
taxlaw-2855	421	56	added	add	VERB
taxlaw-2855	421	57	by	by	ADP
taxlaw-2855	421	58	regulations.61	regulations.61	NOUN
taxlaw-2855	421	59	the	the	DET
taxlaw-2855	421	60	preamble	preamble	NOUN
taxlaw-2855	421	61	cited	cite	VERB
taxlaw-2855	421	62	debt	debt	NOUN
taxlaw-2855	421	63	/	/	SYM
taxlaw-2855	421	64	equity	equity	NOUN
taxlaw-2855	421	65	factors	factor	NOUN
taxlaw-2855	421	66	that	that	PRON
taxlaw-2855	421	67	were	be	AUX
taxlaw-2855	421	68	considered	consider	VERB
taxlaw-2855	421	69	in	in	ADP
taxlaw-2855	421	70	cases	case	NOUN
taxlaw-2855	421	71	involving	involve	VERB
taxlaw-2855	421	72	related	related	ADJ
taxlaw-2855	421	73	parties	party	NOUN
taxlaw-2855	421	74	.	.	PUNCT
taxlaw-2855	422	1	62	62	NUM
taxlaw-2855	422	2	more	more	ADV
taxlaw-2855	422	3	specifically	specifically	ADV
taxlaw-2855	422	4	,	,	PUNCT
taxlaw-2855	422	5	in	in	ADP
taxlaw-2855	422	6	adopting	adopt	VERB
taxlaw-2855	422	7	the	the	DET
taxlaw-2855	422	8	per	per	X
taxlaw-2855	422	9	se	se	X
taxlaw-2855	422	10	rule	rule	NOUN
taxlaw-2855	422	11	in	in	ADP
taxlaw-2855	422	12	the	the	DET
taxlaw-2855	422	13	context	context	NOUN
taxlaw-2855	422	14	of	of	ADP
taxlaw-2855	422	15	distributions	distribution	NOUN
taxlaw-2855	422	16	of	of	ADP
taxlaw-2855	422	17	debt	debt	NOUN
taxlaw-2855	422	18	instruments	instrument	NOUN
taxlaw-2855	422	19	,	,	PUNCT
taxlaw-2855	422	20	the	the	DET
taxlaw-2855	422	21	irs	irs	PROPN
taxlaw-2855	422	22	determined	determine	VERB
taxlaw-2855	422	23	that	that	SCONJ
taxlaw-2855	422	24	“	"	PUNCT
taxlaw-2855	422	25	the	the	DET
taxlaw-2855	422	26	parent	parent	NOUN
taxlaw-2855	422	27	-	-	PUNCT
taxlaw-2855	422	28	subsidiary	subsidiary	NOUN
taxlaw-2855	422	29	relationship	relationship	NOUN
taxlaw-2855	422	30	,	,	PUNCT
taxlaw-2855	422	31	the	the	DET
taxlaw-2855	422	32	fact	fact	NOUN
taxlaw-2855	422	33	that	that	SCONJ
taxlaw-2855	422	34	no	no	DET
taxlaw-2855	422	35	new	new	ADJ
taxlaw-2855	422	36	capital	capital	NOUN
taxlaw-2855	422	37	is	be	AUX
taxlaw-2855	422	38	introduced	introduce	VERB
taxlaw-2855	422	39	in	in	ADP
taxlaw-2855	422	40	connection	connection	NOUN
taxlaw-2855	422	41	with	with	ADP
taxlaw-2855	422	42	a	a	DET
taxlaw-2855	422	43	distribution	distribution	NOUN
taxlaw-2855	422	44	of	of	ADP
taxlaw-2855	422	45	debentures	debenture	NOUN
taxlaw-2855	422	46	,	,	PUNCT
taxlaw-2855	422	47	and	and	CCONJ
taxlaw-2855	422	48	the	the	DET
taxlaw-2855	422	49	typical	typical	ADJ
taxlaw-2855	422	50	lack	lack	NOUN
taxlaw-2855	422	51	of	of	ADP
taxlaw-2855	422	52	a	a	DET
taxlaw-2855	422	53	substantial	substantial	ADJ
taxlaw-2855	422	54	non	non	ADJ
taxlaw-2855	422	55	-	-	ADJ
taxlaw-2855	422	56	tax	tax	ADJ
taxlaw-2855	422	57	business	business	NOUN
taxlaw-2855	422	58	purpose	purpose	NOUN
taxlaw-2855	422	59	,	,	PUNCT
taxlaw-2855	422	60	support	support	VERB
taxlaw-2855	422	61	the	the	DET
taxlaw-2855	422	62	conclusion	conclusion	NOUN
taxlaw-2855	422	63	that	that	SCONJ
taxlaw-2855	422	64	the	the	DET
taxlaw-2855	422	65	issuance	issuance	NOUN
taxlaw-2855	422	66	of	of	ADP
taxlaw-2855	422	67	a	a	DET
taxlaw-2855	422	68	debt	debt	NOUN
taxlaw-2855	422	69	instrument	instrument	NOUN
taxlaw-2855	422	70	in	in	ADP
taxlaw-2855	422	71	a	a	DET
taxlaw-2855	422	72	distribution	distribution	NOUN
taxlaw-2855	422	73	is	be	AUX
taxlaw-2855	422	74	a	a	DET
taxlaw-2855	422	75	transaction	transaction	NOUN
taxlaw-2855	422	76	that	that	PRON
taxlaw-2855	422	77	frequently	frequently	ADV
taxlaw-2855	422	78	has	have	VERB
taxlaw-2855	422	79	minimal	minimal	ADJ
taxlaw-2855	422	80	or	or	CCONJ
taxlaw-2855	422	81	nonexistent	nonexistent	ADJ
taxlaw-2855	422	82	non	non	ADJ
taxlaw-2855	422	83	-	-	ADJ
taxlaw-2855	422	84	tax	tax	ADJ
taxlaw-2855	422	85	effects	effect	NOUN
taxlaw-2855	422	86	.	.	PUNCT
taxlaw-2855	423	1	”63	”63	NOUN
taxlaw-2855	423	2	the	the	DET
taxlaw-2855	423	3	extension	extension	NOUN
taxlaw-2855	423	4	of	of	ADP
taxlaw-2855	423	5	the	the	DET
taxlaw-2855	423	6	per	per	X
taxlaw-2855	423	7	se	se	X
taxlaw-2855	423	8	rule	rule	NOUN
taxlaw-2855	423	9	to	to	ADP
taxlaw-2855	423	10	exchanges	exchange	NOUN
taxlaw-2855	423	11	and	and	CCONJ
taxlaw-2855	423	12	acquisitions	acquisition	NOUN
taxlaw-2855	423	13	involving	involve	VERB
taxlaw-2855	423	14	related	relate	VERB
taxlaw-2855	423	15	-	-	PUNCT
taxlaw-2855	423	16	party	party	NOUN
taxlaw-2855	423	17	debt	debt	NOUN
taxlaw-2855	423	18	,	,	PUNCT
taxlaw-2855	423	19	as	as	ADV
taxlaw-2855	423	20	well	well	ADV
taxlaw-2855	423	21	as	as	ADP
taxlaw-2855	423	22	the	the	DET
taxlaw-2855	423	23	funding	funding	NOUN
taxlaw-2855	423	24	rule	rule	NOUN
taxlaw-2855	423	25	,	,	PUNCT
taxlaw-2855	423	26	were	be	AUX
taxlaw-2855	423	27	adopted	adopt	VERB
taxlaw-2855	423	28	because	because	SCONJ
taxlaw-2855	423	29	the	the	DET
taxlaw-2855	423	30	irs	irs	PROPN
taxlaw-2855	423	31	believes	believe	VERB
taxlaw-2855	423	32	such	such	ADJ
taxlaw-2855	423	33	transactions	transaction	NOUN
taxlaw-2855	423	34	raise	raise	VERB
taxlaw-2855	423	35	similar	similar	ADJ
taxlaw-2855	423	36	concerns	concern	NOUN
taxlaw-2855	423	37	.	.	PUNCT
taxlaw-2855	424	1	2	2	X
taxlaw-2855	424	2	.	.	X
taxlaw-2855	424	3	a	a	DET
taxlaw-2855	424	4	closer	close	ADJ
taxlaw-2855	424	5	look	look	NOUN
taxlaw-2855	424	6	.	.	PUNCT
taxlaw-2855	425	1	section	section	NOUN
taxlaw-2855	425	2	385	385	NUM
taxlaw-2855	425	3	’s	’s	PART
taxlaw-2855	425	4	grant	grant	NOUN
taxlaw-2855	425	5	of	of	ADP
taxlaw-2855	425	6	regulatory	regulatory	ADJ
taxlaw-2855	425	7	authority	authority	NOUN
taxlaw-2855	425	8	is	be	AUX
taxlaw-2855	425	9	indeed	indeed	ADV
taxlaw-2855	425	10	very	very	ADV
taxlaw-2855	425	11	broad	broad	ADJ
taxlaw-2855	425	12	.	.	PUNCT
taxlaw-2855	426	1	while	while	SCONJ
taxlaw-2855	426	2	the	the	DET
taxlaw-2855	426	3	statute	statute	NOUN
taxlaw-2855	426	4	lists	list	VERB
taxlaw-2855	426	5	certain	certain	ADJ
taxlaw-2855	426	6	debt	debt	NOUN
taxlaw-2855	426	7	/	/	SYM
taxlaw-2855	426	8	equity	equity	NOUN
taxlaw-2855	426	9	factors	factor	NOUN
taxlaw-2855	426	10	,	,	PUNCT
taxlaw-2855	426	11	the	the	DET
taxlaw-2855	426	12	legislative	legislative	ADJ
taxlaw-2855	426	13	history	history	NOUN
taxlaw-2855	426	14	is	be	AUX
taxlaw-2855	426	15	clear	clear	ADJ
taxlaw-2855	426	16	that	that	SCONJ
taxlaw-2855	426	17	the	the	DET
taxlaw-2855	426	18	irs	irs	PROPN
taxlaw-2855	426	19	is	be	AUX
taxlaw-2855	426	20	free	free	ADJ
taxlaw-2855	426	21	to	to	PART
taxlaw-2855	426	22	issue	issue	VERB
taxlaw-2855	426	23	regulations	regulation	NOUN
taxlaw-2855	426	24	that	that	PRON
taxlaw-2855	426	25	consider	consider	VERB
taxlaw-2855	426	26	other	other	ADJ
taxlaw-2855	426	27	factors	factor	NOUN
taxlaw-2855	426	28	and/or	and/or	CCONJ
taxlaw-2855	426	29	do	do	AUX
taxlaw-2855	426	30	not	not	PART
taxlaw-2855	426	31	consider	consider	VERB
taxlaw-2855	426	32	the	the	DET
taxlaw-2855	426	33	listed	list	VERB
taxlaw-2855	426	34	factors	factor	NOUN
taxlaw-2855	426	35	at	at	ADV
taxlaw-2855	426	36	all	all	ADV
taxlaw-2855	426	37	,	,	PUNCT
taxlaw-2855	426	38	and	and	CCONJ
taxlaw-2855	426	39	the	the	DET
taxlaw-2855	426	40	irs	irs	PROPN
taxlaw-2855	426	41	has	have	VERB
taxlaw-2855	426	42	a	a	DET
taxlaw-2855	426	43	wide	wide	ADJ
taxlaw-2855	426	44	discretion	discretion	NOUN
taxlaw-2855	426	45	with	with	ADP
taxlaw-2855	426	46	respect	respect	NOUN
taxlaw-2855	426	47	to	to	ADP
taxlaw-2855	426	48	the	the	DET
taxlaw-2855	426	49	weight	weight	NOUN
taxlaw-2855	426	50	given	give	VERB
taxlaw-2855	426	51	to	to	ADP
taxlaw-2855	426	52	these	these	DET
taxlaw-2855	426	53	factors	factor	NOUN
taxlaw-2855	426	54	in	in	ADP
taxlaw-2855	426	55	particular	particular	ADJ
taxlaw-2855	426	56	factual	factual	ADJ
taxlaw-2855	426	57	situations.64	situations.64	NOUN
taxlaw-2855	426	58	3	3	NUM
taxlaw-2855	426	59	.	.	PUNCT
taxlaw-2855	427	1	is	be	AUX
taxlaw-2855	427	2	the	the	DET
taxlaw-2855	427	3	per	per	X
taxlaw-2855	427	4	se	se	X
taxlaw-2855	427	5	rule	rule	NOUN
taxlaw-2855	427	6	within	within	ADP
taxlaw-2855	427	7	the	the	DET
taxlaw-2855	427	8	scope	scope	NOUN
taxlaw-2855	427	9	of	of	ADP
taxlaw-2855	427	10	the	the	DET
taxlaw-2855	427	11	irs	irs	PROPN
taxlaw-2855	427	12	’s	’s	PART
taxlaw-2855	427	13	regulatory	regulatory	ADJ
taxlaw-2855	427	14	authority	authority	NOUN
taxlaw-2855	427	15	?	?	PUNCT
taxlaw-2855	428	1	before	before	SCONJ
taxlaw-2855	428	2	we	we	PRON
taxlaw-2855	428	3	address	address	VERB
taxlaw-2855	428	4	whether	whether	SCONJ
taxlaw-2855	428	5	there	there	PRON
taxlaw-2855	428	6	are	be	VERB
taxlaw-2855	428	7	any	any	DET
taxlaw-2855	428	8	limitations	limitation	NOUN
taxlaw-2855	428	9	on	on	ADP
taxlaw-2855	428	10	the	the	DET
taxlaw-2855	428	11	irs	irs	PROPN
taxlaw-2855	428	12	’s	’s	PART
taxlaw-2855	428	13	authority	authority	NOUN
taxlaw-2855	428	14	under	under	ADP
taxlaw-2855	428	15	section	section	NOUN
taxlaw-2855	428	16	385	385	NUM
taxlaw-2855	428	17	(	(	PUNCT
taxlaw-2855	428	18	there	there	PRON
taxlaw-2855	428	19	are	be	VERB
taxlaw-2855	428	20	)	)	PUNCT
taxlaw-2855	428	21	and	and	CCONJ
taxlaw-2855	428	22	whether	whether	SCONJ
taxlaw-2855	428	23	the	the	DET
taxlaw-2855	428	24	irs	irs	PROPN
taxlaw-2855	428	25	has	have	AUX
taxlaw-2855	428	26	exceeded	exceed	VERB
taxlaw-2855	428	27	its	its	PRON
taxlaw-2855	428	28	authority	authority	NOUN
taxlaw-2855	428	29	in	in	ADP
taxlaw-2855	428	30	adopting	adopt	VERB
taxlaw-2855	428	31	the	the	DET
taxlaw-2855	428	32	per	per	X
taxlaw-2855	428	33	se	se	X
taxlaw-2855	428	34	rule	rule	NOUN
taxlaw-2855	428	35	(	(	PUNCT
taxlaw-2855	428	36	we	we	PRON
taxlaw-2855	428	37	believe	believe	VERB
taxlaw-2855	428	38	the	the	DET
taxlaw-2855	428	39	irs	irs	PROPN
taxlaw-2855	428	40	has	have	VERB
taxlaw-2855	428	41	)	)	PUNCT
taxlaw-2855	428	42	,	,	PUNCT
taxlaw-2855	428	43	it	it	PRON
taxlaw-2855	428	44	is	be	AUX
taxlaw-2855	428	45	necessary	necessary	ADJ
taxlaw-2855	428	46	to	to	PART
taxlaw-2855	428	47	consider	consider	VERB
taxlaw-2855	428	48	what	what	PRON
taxlaw-2855	428	49	congress	congress	PROPN
taxlaw-2855	428	50	thought	think	VERB
taxlaw-2855	428	51	it	it	PRON
taxlaw-2855	428	52	was	be	AUX
taxlaw-2855	428	53	authorizing	authorize	VERB
taxlaw-2855	428	54	when	when	SCONJ
taxlaw-2855	428	55	it	it	PRON
taxlaw-2855	428	56	enacted	enact	VERB
taxlaw-2855	428	57	section	section	NOUN
taxlaw-2855	428	58	385	385	NUM
taxlaw-2855	428	59	.	.	PUNCT
taxlaw-2855	429	1	outside	outside	ADP
taxlaw-2855	429	2	the	the	DET
taxlaw-2855	429	3	context	context	NOUN
taxlaw-2855	429	4	of	of	ADP
taxlaw-2855	429	5	the	the	DET
taxlaw-2855	429	6	section	section	NOUN
taxlaw-2855	429	7	385	385	NUM
taxlaw-2855	429	8	regulations	regulation	NOUN
taxlaw-2855	429	9	,	,	PUNCT
taxlaw-2855	429	10	the	the	DET
taxlaw-2855	429	11	question	question	NOUN
taxlaw-2855	429	12	of	of	ADP
taxlaw-2855	429	13	whether	whether	SCONJ
taxlaw-2855	429	14	an	an	DET
taxlaw-2855	429	15	instrument	instrument	NOUN
taxlaw-2855	429	16	is	be	AUX
taxlaw-2855	429	17	debt	debt	NOUN
taxlaw-2855	429	18	or	or	CCONJ
taxlaw-2855	429	19	equity	equity	NOUN
taxlaw-2855	429	20	is	be	AUX
taxlaw-2855	429	21	,	,	PUNCT
taxlaw-2855	429	22	and	and	CCONJ
taxlaw-2855	429	23	has	have	AUX
taxlaw-2855	429	24	always	always	ADV
taxlaw-2855	429	25	been	be	AUX
taxlaw-2855	429	26	,	,	PUNCT
taxlaw-2855	429	27	a	a	DET
taxlaw-2855	429	28	question	question	NOUN
taxlaw-2855	429	29	of	of	ADP
taxlaw-2855	429	30	economic	economic	ADJ
taxlaw-2855	429	31	substance	substance	NOUN
taxlaw-2855	429	32	:	:	PUNCT
taxlaw-2855	429	33	is	be	AUX
taxlaw-2855	429	34	the	the	DET
taxlaw-2855	429	35	relationship	relationship	NOUN
taxlaw-2855	429	36	between	between	ADP
taxlaw-2855	429	37	the	the	DET
taxlaw-2855	429	38	parties	party	NOUN
taxlaw-2855	429	39	that	that	PRON
taxlaw-2855	429	40	of	of	ADP
taxlaw-2855	429	41	a	a	DET
taxlaw-2855	429	42	debtor	debtor	NOUN
taxlaw-2855	429	43	-	-	PUNCT
taxlaw-2855	429	44	creditor	creditor	NOUN
taxlaw-2855	429	45	or	or	CCONJ
taxlaw-2855	429	46	that	that	PRON
taxlaw-2855	429	47	of	of	ADP
taxlaw-2855	429	48	a	a	DET
taxlaw-2855	429	49	corporation	corporation	NOUN
taxlaw-2855	429	50	60	60	NUM
taxlaw-2855	429	51	reg-108060	reg-108060	NOUN
taxlaw-2855	429	52	-	-	PUNCT
taxlaw-2855	429	53	15	15	NUM
taxlaw-2855	429	54	(	(	PUNCT
taxlaw-2855	429	55	apr	apr	PROPN
taxlaw-2855	429	56	.	.	PROPN
taxlaw-2855	429	57	25	25	NUM
taxlaw-2855	429	58	,	,	PUNCT
taxlaw-2855	429	59	2016	2016	NUM
taxlaw-2855	429	60	)	)	PUNCT
taxlaw-2855	429	61	,	,	PUNCT
taxlaw-2855	429	62	https://www.irs.gov/irb/2016-17_irb/ar07.html	https://www.irs.gov/irb/2016-17_irb/ar07.html	NOUN
taxlaw-2855	429	63	[	[	X
taxlaw-2855	429	64	perma.cc/pp2a-m2wz	perma.cc/pp2a-m2wz	NOUN
taxlaw-2855	429	65	]	]	X
taxlaw-2855	429	66	;	;	PUNCT
taxlaw-2855	429	67	2016	2016	NUM
taxlaw-2855	429	68	-	-	SYM
taxlaw-2855	429	69	17	17	NUM
taxlaw-2855	429	70	i.r.b	i.r.b	NOUN
taxlaw-2855	429	71	.	.	PUNCT
taxlaw-2855	430	1	636	636	NUM
taxlaw-2855	430	2	,	,	PUNCT
taxlaw-2855	430	3	641	641	NUM
taxlaw-2855	430	4	(	(	PUNCT
taxlaw-2855	430	5	apr	apr	PROPN
taxlaw-2855	430	6	.	.	PROPN
taxlaw-2855	430	7	25	25	NUM
taxlaw-2855	430	8	,	,	PUNCT
taxlaw-2855	430	9	2016	2016	NUM
taxlaw-2855	430	10	)	)	PUNCT
taxlaw-2855	430	11	,	,	PUNCT
taxlaw-2855	431	1	https://www.irs.gov/pub/irs-irbs/irb1617.pdf	https://www.irs.gov/pub/irs-irbs/irb1617.pdf	NOUN
taxlaw-2855	432	1	[	[	X
taxlaw-2855	432	2	perma.cc/z9d6-shjb	perma.cc/z9d6-shjb	X
taxlaw-2855	432	3	]	]	X
taxlaw-2855	432	4	;	;	PUNCT
taxlaw-2855	432	5	81	81	NUM
taxlaw-2855	432	6	fr	fr	NOUN
taxlaw-2855	432	7	20916	20916	NUM
taxlaw-2855	432	8	(	(	PUNCT
taxlaw-2855	432	9	apr	apr	PROPN
taxlaw-2855	432	10	.	.	PROPN
taxlaw-2855	432	11	8	8	NUM
taxlaw-2855	432	12	,	,	PUNCT
taxlaw-2855	432	13	2016	2016	NUM
taxlaw-2855	432	14	)	)	PUNCT
taxlaw-2855	432	15	,	,	PUNCT
taxlaw-2855	432	16	https://www.gpo.gov/fdsys/pkg/fr-2016-0408/pdf/2016-07425.pdf	https://www.gpo.gov/fdsys/pkg/fr-2016-0408/pdf/2016-07425.pdf	X
taxlaw-2855	433	1	[	[	X
taxlaw-2855	433	2	perma.cc/6g99-9tcg	perma.cc/6g99-9tcg	NOUN
taxlaw-2855	433	3	]	]	PUNCT
taxlaw-2855	433	4	.	.	PUNCT
taxlaw-2855	434	1	61	61	NUM
taxlaw-2855	434	2	s.	s.	PROPN
taxlaw-2855	434	3	rep	rep	PROPN
taxlaw-2855	434	4	.	.	PROPN
taxlaw-2855	434	5	no	no	INTJ
taxlaw-2855	434	6	.	.	NOUN
taxlaw-2855	434	7	91	91	NUM
taxlaw-2855	434	8	-	-	SYM
taxlaw-2855	434	9	552	552	NUM
taxlaw-2855	434	10	,	,	PUNCT
taxlaw-2855	434	11	at	at	ADP
taxlaw-2855	434	12	138	138	NUM
taxlaw-2855	434	13	(	(	PUNCT
taxlaw-2855	434	14	1969	1969	NUM
taxlaw-2855	434	15	)	)	PUNCT
taxlaw-2855	434	16	,	,	PUNCT
taxlaw-2855	434	17	https://www.finance.senate.gov/imo/media/doc/rpt91552.pdf	https://www.finance.senate.gov/imo/media/doc/rpt91552.pdf	NOUN
taxlaw-2855	435	1	[	[	X
taxlaw-2855	436	1	perma.cc/q63b-t7bq	perma.cc/q63b-t7bq	NOUN
taxlaw-2855	436	2	]	]	X
taxlaw-2855	436	3	.	.	PUNCT
taxlaw-2855	437	1	62	62	NUM
taxlaw-2855	437	2	among	among	ADP
taxlaw-2855	437	3	others	other	NOUN
taxlaw-2855	437	4	,	,	PUNCT
taxlaw-2855	437	5	the	the	DET
taxlaw-2855	437	6	preamble	preamble	NOUN
taxlaw-2855	437	7	cites	cite	VERB
taxlaw-2855	437	8	to	to	PART
taxlaw-2855	437	9	kraft	kraft	VERB
taxlaw-2855	437	10	foods	foods	PROPN
taxlaw-2855	437	11	co.	co.	PROPN
taxlaw-2855	438	1	v.	v.	PROPN
taxlaw-2855	438	2	commissioner	commissioner	PROPN
taxlaw-2855	438	3	,	,	PUNCT
taxlaw-2855	438	4	232	232	NUM
taxlaw-2855	438	5	f.2d	f.2d	SYM
taxlaw-2855	438	6	118	118	NUM
taxlaw-2855	438	7	(	(	PUNCT
taxlaw-2855	438	8	2d	2d	NUM
taxlaw-2855	438	9	cir	cir	NOUN
taxlaw-2855	438	10	.	.	PROPN
taxlaw-2855	438	11	1956	1956	NUM
taxlaw-2855	438	12	)	)	PUNCT
taxlaw-2855	438	13	;	;	PUNCT
taxlaw-2855	438	14	arlington	arlington	PROPN
taxlaw-2855	438	15	park	park	PROPN
taxlaw-2855	438	16	jockey	jockey	PROPN
taxlaw-2855	438	17	club	club	PROPN
taxlaw-2855	438	18	,	,	PUNCT
taxlaw-2855	438	19	inc	inc	PROPN
taxlaw-2855	438	20	.	.	PROPN
taxlaw-2855	439	1	v.	v.	PROPN
taxlaw-2855	439	2	sauber	sauber	PROPN
taxlaw-2855	439	3	,	,	PUNCT
taxlaw-2855	439	4	262	262	NUM
taxlaw-2855	439	5	f.2d	f.2d	NUM
taxlaw-2855	439	6	902	902	NUM
taxlaw-2855	439	7	,	,	PUNCT
taxlaw-2855	439	8	906	906	NUM
taxlaw-2855	439	9	(	(	PUNCT
taxlaw-2855	439	10	7th	7th	ADJ
taxlaw-2855	439	11	cir	cir	NOUN
taxlaw-2855	439	12	.	.	PUNCT
taxlaw-2855	439	13	1959	1959	NUM
taxlaw-2855	439	14	)	)	PUNCT
taxlaw-2855	439	15	;	;	PUNCT
taxlaw-2855	439	16	uneco	uneco	PROPN
taxlaw-2855	439	17	,	,	PUNCT
taxlaw-2855	439	18	inc	inc	PROPN
taxlaw-2855	439	19	.	.	PROPN
taxlaw-2855	439	20	v.	v.	PROPN
taxlaw-2855	439	21	united	united	PROPN
taxlaw-2855	439	22	states	states	PROPN
taxlaw-2855	439	23	,	,	PUNCT
taxlaw-2855	439	24	532	532	NUM
taxlaw-2855	439	25	f.2d	f.2d	NOUN
taxlaw-2855	439	26	1204	1204	NUM
taxlaw-2855	439	27	,	,	PUNCT
taxlaw-2855	439	28	1207	1207	NUM
taxlaw-2855	439	29	(	(	PUNCT
taxlaw-2855	439	30	8th	8th	ADJ
taxlaw-2855	439	31	cir	cir	NOUN
taxlaw-2855	439	32	.	.	PUNCT
taxlaw-2855	439	33	1976	1976	NUM
taxlaw-2855	439	34	)	)	PUNCT
taxlaw-2855	440	1	;	;	PUNCT
taxlaw-2855	440	2	talbot	talbot	PROPN
taxlaw-2855	440	3	mills	mills	PROPN
taxlaw-2855	440	4	v.	v.	PROPN
taxlaw-2855	440	5	commissioner	commissioner	PROPN
taxlaw-2855	440	6	,	,	PUNCT
taxlaw-2855	440	7	146	146	NUM
taxlaw-2855	440	8	f.2d	f.2d	NOUN
taxlaw-2855	440	9	809	809	NUM
taxlaw-2855	440	10	(	(	PUNCT
taxlaw-2855	440	11	1st	1st	ADJ
taxlaw-2855	440	12	cir	cir	NOUN
taxlaw-2855	440	13	.	.	PUNCT
taxlaw-2855	440	14	1944	1944	NUM
taxlaw-2855	440	15	)	)	PUNCT
taxlaw-2855	440	16	;	;	PUNCT
taxlaw-2855	440	17	and	and	CCONJ
taxlaw-2855	440	18	sayles	sayle	NOUN
taxlaw-2855	440	19	finishing	finish	VERB
taxlaw-2855	440	20	plants	plant	NOUN
taxlaw-2855	440	21	,	,	PUNCT
taxlaw-2855	440	22	inc	inc	PROPN
taxlaw-2855	440	23	.	.	PROPN
taxlaw-2855	441	1	v.	v.	PROPN
taxlaw-2855	441	2	united	united	PROPN
taxlaw-2855	441	3	states	states	PROPN
taxlaw-2855	441	4	,	,	PUNCT
taxlaw-2855	441	5	399	399	NUM
taxlaw-2855	441	6	f.2d	f.2d	SYM
taxlaw-2855	441	7	214	214	NUM
taxlaw-2855	441	8	(	(	PUNCT
taxlaw-2855	441	9	ct	ct	PROPN
taxlaw-2855	441	10	.	.	PUNCT
taxlaw-2855	441	11	cl	cl	NOUN
taxlaw-2855	441	12	.	.	PUNCT
taxlaw-2855	441	13	1968	1968	NUM
taxlaw-2855	441	14	)	)	PUNCT
taxlaw-2855	441	15	.	.	PUNCT
taxlaw-2855	442	1	63	63	NUM
taxlaw-2855	442	2	reg-108060	reg-108060	NOUN
taxlaw-2855	442	3	-	-	PUNCT
taxlaw-2855	442	4	15	15	NUM
taxlaw-2855	442	5	,	,	PUNCT
taxlaw-2855	442	6	2016	2016	NUM
taxlaw-2855	442	7	-	-	SYM
taxlaw-2855	442	8	17	17	NUM
taxlaw-2855	442	9	i.r.b	i.r.b	NOUN
taxlaw-2855	442	10	.	.	PUNCT
taxlaw-2855	442	11	636	636	NUM
taxlaw-2855	442	12	,	,	PUNCT
taxlaw-2855	442	13	643	643	NUM
taxlaw-2855	442	14	,	,	PUNCT
taxlaw-2855	442	15	81	81	NUM
taxlaw-2855	442	16	fr	fr	PROPN
taxlaw-2855	442	17	20917	20917	NUM
taxlaw-2855	442	18	(	(	PUNCT
taxlaw-2855	442	19	apr	apr	PROPN
taxlaw-2855	442	20	.	.	PROPN
taxlaw-2855	442	21	8	8	NUM
taxlaw-2855	442	22	,	,	PUNCT
taxlaw-2855	442	23	2016	2016	NUM
taxlaw-2855	442	24	)	)	PUNCT
taxlaw-2855	442	25	.	.	PUNCT
taxlaw-2855	443	1	64	64	NUM
taxlaw-2855	443	2	in	in	ADP
taxlaw-2855	443	3	fact	fact	NOUN
taxlaw-2855	443	4	,	,	PUNCT
taxlaw-2855	443	5	section	section	NOUN
taxlaw-2855	443	6	385	385	NUM
taxlaw-2855	443	7	was	be	AUX
taxlaw-2855	443	8	adopted	adopt	VERB
taxlaw-2855	443	9	at	at	ADP
taxlaw-2855	443	10	the	the	DET
taxlaw-2855	443	11	same	same	ADJ
taxlaw-2855	443	12	time	time	NOUN
taxlaw-2855	443	13	section	section	NOUN
taxlaw-2855	443	14	279	279	NUM
taxlaw-2855	443	15	was	be	AUX
taxlaw-2855	443	16	added	add	VERB
taxlaw-2855	443	17	to	to	ADP
taxlaw-2855	443	18	the	the	DET
taxlaw-2855	443	19	code	code	NOUN
taxlaw-2855	443	20	.	.	PUNCT
taxlaw-2855	444	1	section	section	NOUN
taxlaw-2855	444	2	279	279	NUM
taxlaw-2855	444	3	limited	limited	ADJ
taxlaw-2855	444	4	interest	interest	NOUN
taxlaw-2855	444	5	deductions	deduction	NOUN
taxlaw-2855	444	6	attributable	attributable	ADJ
taxlaw-2855	444	7	to	to	ADP
taxlaw-2855	444	8	debt	debt	NOUN
taxlaw-2855	444	9	issued	issue	VERB
taxlaw-2855	444	10	in	in	ADP
taxlaw-2855	444	11	certain	certain	ADJ
taxlaw-2855	444	12	corporate	corporate	ADJ
taxlaw-2855	444	13	acquisitions	acquisition	NOUN
taxlaw-2855	444	14	and	and	CCONJ
taxlaw-2855	444	15	the	the	DET
taxlaw-2855	444	16	senate	senate	PROPN
taxlaw-2855	444	17	report	report	PROPN
taxlaw-2855	444	18	,	,	PUNCT
taxlaw-2855	444	19	which	which	PRON
taxlaw-2855	444	20	considered	consider	VERB
taxlaw-2855	444	21	sections	section	NOUN
taxlaw-2855	444	22	279	279	NUM
taxlaw-2855	444	23	and	and	CCONJ
taxlaw-2855	444	24	section	section	NOUN
taxlaw-2855	444	25	385	385	NUM
taxlaw-2855	444	26	together	together	ADV
taxlaw-2855	444	27	,	,	PUNCT
taxlaw-2855	444	28	made	make	VERB
taxlaw-2855	444	29	it	it	PRON
taxlaw-2855	444	30	clear	clear	ADJ
taxlaw-2855	444	31	that	that	SCONJ
taxlaw-2855	444	32	congress	congress	PROPN
taxlaw-2855	444	33	authorized	authorize	VERB
taxlaw-2855	444	34	the	the	DET
taxlaw-2855	444	35	irs	irs	PROPN
taxlaw-2855	444	36	to	to	PART
taxlaw-2855	444	37	issue	issue	VERB
taxlaw-2855	444	38	general	general	ADJ
taxlaw-2855	444	39	debt	debt	NOUN
taxlaw-2855	444	40	/	/	SYM
taxlaw-2855	444	41	equity	equity	NOUN
taxlaw-2855	444	42	guidelines	guideline	NOUN
taxlaw-2855	444	43	that	that	PRON
taxlaw-2855	444	44	would	would	AUX
taxlaw-2855	444	45	cause	cause	VERB
taxlaw-2855	444	46	debt	debt	NOUN
taxlaw-2855	444	47	to	to	PART
taxlaw-2855	444	48	be	be	AUX
taxlaw-2855	444	49	treated	treat	VERB
taxlaw-2855	444	50	as	as	ADP
taxlaw-2855	444	51	equity	equity	NOUN
taxlaw-2855	444	52	even	even	ADV
taxlaw-2855	444	53	if	if	SCONJ
taxlaw-2855	444	54	such	such	ADJ
taxlaw-2855	444	55	debt	debt	NOUN
taxlaw-2855	444	56	were	be	AUX
taxlaw-2855	444	57	not	not	PART
taxlaw-2855	444	58	subject	subject	ADJ
taxlaw-2855	444	59	to	to	ADP
taxlaw-2855	444	60	the	the	DET
taxlaw-2855	444	61	interest	interest	NOUN
taxlaw-2855	444	62	deduction	deduction	NOUN
taxlaw-2855	444	63	limitations	limitation	NOUN
taxlaw-2855	444	64	congress	congress	PROPN
taxlaw-2855	444	65	set	set	VERB
taxlaw-2855	444	66	forth	forth	ADP
taxlaw-2855	444	67	in	in	ADP
taxlaw-2855	444	68	section	section	NOUN
taxlaw-2855	444	69	279	279	NUM
taxlaw-2855	444	70	.	.	PUNCT
taxlaw-2855	445	1	2017	2017	NUM
taxlaw-2855	445	2	]	]	PUNCT
taxlaw-2855	445	3	a	a	DET
taxlaw-2855	445	4	framework	framework	NOUN
taxlaw-2855	445	5	for	for	ADP
taxlaw-2855	445	6	testing	test	VERB
taxlaw-2855	445	7	regulatory	regulatory	ADJ
taxlaw-2855	445	8	authority	authority	NOUN
taxlaw-2855	445	9	347	347	NUM
taxlaw-2855	445	10	shareholder	shareholder	NOUN
taxlaw-2855	445	11	,	,	PUNCT
taxlaw-2855	445	12	and	and	CCONJ
taxlaw-2855	445	13	have	have	VERB
taxlaw-2855	445	14	the	the	DET
taxlaw-2855	445	15	parties	party	NOUN
taxlaw-2855	445	16	acted	act	VERB
taxlaw-2855	445	17	in	in	ADP
taxlaw-2855	445	18	a	a	DET
taxlaw-2855	445	19	manner	manner	NOUN
taxlaw-2855	445	20	consistent	consistent	ADJ
taxlaw-2855	445	21	with	with	ADP
taxlaw-2855	445	22	that	that	DET
taxlaw-2855	445	23	relationship	relationship	NOUN
taxlaw-2855	445	24	?	?	PUNCT
taxlaw-2855	446	1	the	the	DET
taxlaw-2855	446	2	factors	factor	NOUN
taxlaw-2855	446	3	referenced	reference	VERB
taxlaw-2855	446	4	in	in	ADP
taxlaw-2855	446	5	section	section	NOUN
taxlaw-2855	446	6	385	385	NUM
taxlaw-2855	446	7	,	,	PUNCT
taxlaw-2855	446	8	the	the	DET
taxlaw-2855	446	9	debt	debt	NOUN
taxlaw-2855	446	10	/	/	SYM
taxlaw-2855	446	11	equity	equity	NOUN
taxlaw-2855	446	12	case	case	NOUN
taxlaw-2855	446	13	law	law	NOUN
taxlaw-2855	446	14	,	,	PUNCT
taxlaw-2855	446	15	and	and	CCONJ
taxlaw-2855	446	16	irs	irs	PROPN
taxlaw-2855	446	17	public	public	ADJ
taxlaw-2855	446	18	and	and	CCONJ
taxlaw-2855	446	19	private	private	ADJ
taxlaw-2855	446	20	rulings	ruling	NOUN
taxlaw-2855	446	21	are	be	AUX
taxlaw-2855	446	22	guideposts	guidepost	NOUN
taxlaw-2855	446	23	to	to	PART
taxlaw-2855	446	24	assist	assist	VERB
taxlaw-2855	446	25	in	in	ADP
taxlaw-2855	446	26	determining	determine	VERB
taxlaw-2855	446	27	the	the	DET
taxlaw-2855	446	28	true	true	ADJ
taxlaw-2855	446	29	economic	economic	ADJ
taxlaw-2855	446	30	relationship	relationship	NOUN
taxlaw-2855	446	31	between	between	ADP
taxlaw-2855	446	32	the	the	DET
taxlaw-2855	446	33	parties	party	NOUN
taxlaw-2855	446	34	,	,	PUNCT
taxlaw-2855	446	35	which	which	PRON
taxlaw-2855	446	36	is	be	AUX
taxlaw-2855	446	37	the	the	DET
taxlaw-2855	446	38	essence	essence	NOUN
taxlaw-2855	446	39	of	of	ADP
taxlaw-2855	446	40	the	the	DET
taxlaw-2855	446	41	debt	debt	NOUN
taxlaw-2855	446	42	/	/	SYM
taxlaw-2855	446	43	equity	equity	NOUN
taxlaw-2855	446	44	question	question	NOUN
taxlaw-2855	446	45	.	.	PUNCT
taxlaw-2855	447	1	the	the	DET
taxlaw-2855	447	2	legislative	legislative	ADJ
taxlaw-2855	447	3	history	history	NOUN
taxlaw-2855	447	4	of	of	ADP
taxlaw-2855	447	5	section	section	NOUN
taxlaw-2855	447	6	385	385	NUM
taxlaw-2855	447	7	(	(	PUNCT
taxlaw-2855	447	8	during	during	ADP
taxlaw-2855	447	9	its	its	PRON
taxlaw-2855	447	10	enactment	enactment	NOUN
taxlaw-2855	447	11	and	and	CCONJ
taxlaw-2855	447	12	subsequent	subsequent	ADJ
taxlaw-2855	447	13	amendments	amendment	NOUN
taxlaw-2855	447	14	)	)	PUNCT
taxlaw-2855	447	15	evidences	evidence	VERB
taxlaw-2855	447	16	that	that	SCONJ
taxlaw-2855	447	17	congress	congress	PROPN
taxlaw-2855	447	18	shares	share	VERB
taxlaw-2855	447	19	this	this	DET
taxlaw-2855	447	20	view	view	NOUN
taxlaw-2855	447	21	.	.	PUNCT
taxlaw-2855	448	1	for	for	ADP
taxlaw-2855	448	2	example	example	NOUN
taxlaw-2855	448	3	,	,	PUNCT
taxlaw-2855	448	4	the	the	DET
taxlaw-2855	448	5	house	house	PROPN
taxlaw-2855	448	6	report	report	NOUN
taxlaw-2855	448	7	accompanying	accompany	VERB
taxlaw-2855	448	8	the	the	DET
taxlaw-2855	448	9	1989	1989	NUM
taxlaw-2855	448	10	amendment	amendment	NOUN
taxlaw-2855	448	11	to	to	PART
taxlaw-2855	448	12	section	section	NOUN
taxlaw-2855	448	13	385	385	NUM
taxlaw-2855	448	14	stated	state	VERB
taxlaw-2855	448	15	“	"	PUNCT
taxlaw-2855	448	16	the	the	DET
taxlaw-2855	448	17	characterization	characterization	NOUN
taxlaw-2855	448	18	of	of	ADP
taxlaw-2855	448	19	an	an	DET
taxlaw-2855	448	20	investment	investment	NOUN
taxlaw-2855	448	21	in	in	ADP
taxlaw-2855	448	22	a	a	DET
taxlaw-2855	448	23	corporation	corporation	NOUN
taxlaw-2855	448	24	as	as	ADP
taxlaw-2855	448	25	debt	debt	NOUN
taxlaw-2855	448	26	or	or	CCONJ
taxlaw-2855	448	27	equity	equity	NOUN
taxlaw-2855	448	28	for	for	ADP
taxlaw-2855	448	29	federal	federal	ADJ
taxlaw-2855	448	30	income	income	NOUN
taxlaw-2855	448	31	tax	tax	NOUN
taxlaw-2855	448	32	purposes	purpose	NOUN
taxlaw-2855	448	33	generally	generally	ADV
taxlaw-2855	448	34	is	be	AUX
taxlaw-2855	448	35	determined	determine	VERB
taxlaw-2855	448	36	by	by	ADP
taxlaw-2855	448	37	reference	reference	NOUN
taxlaw-2855	448	38	to	to	ADP
taxlaw-2855	448	39	numerous	numerous	ADJ
taxlaw-2855	448	40	factors	factor	NOUN
taxlaw-2855	448	41	that	that	PRON
taxlaw-2855	448	42	are	be	AUX
taxlaw-2855	448	43	deemed	deem	VERB
taxlaw-2855	448	44	to	to	PART
taxlaw-2855	448	45	reflect	reflect	VERB
taxlaw-2855	448	46	the	the	DET
taxlaw-2855	448	47	economic	economic	ADJ
taxlaw-2855	448	48	substance	substance	NOUN
taxlaw-2855	448	49	of	of	ADP
taxlaw-2855	448	50	the	the	DET
taxlaw-2855	448	51	investor	investor	NOUN
taxlaw-2855	448	52	’s	’s	PART
taxlaw-2855	448	53	interest	interest	NOUN
taxlaw-2855	448	54	in	in	ADP
taxlaw-2855	448	55	the	the	DET
taxlaw-2855	448	56	corporation”65	corporation”65	PROPN
taxlaw-2855	448	57	(	(	PUNCT
taxlaw-2855	448	58	emphasis	emphasis	NOUN
taxlaw-2855	448	59	added	add	VERB
taxlaw-2855	448	60	)	)	PUNCT
taxlaw-2855	448	61	.	.	PUNCT
taxlaw-2855	449	1	three	three	NUM
taxlaw-2855	449	2	years	year	NOUN
taxlaw-2855	449	3	later	later	ADV
taxlaw-2855	449	4	,	,	PUNCT
taxlaw-2855	449	5	when	when	SCONJ
taxlaw-2855	449	6	congress	congress	PROPN
taxlaw-2855	449	7	again	again	ADV
taxlaw-2855	449	8	amended	amend	VERB
taxlaw-2855	449	9	section	section	NOUN
taxlaw-2855	449	10	385	385	NUM
taxlaw-2855	449	11	,	,	PUNCT
taxlaw-2855	449	12	the	the	DET
taxlaw-2855	449	13	house	house	PROPN
taxlaw-2855	449	14	report	report	NOUN
taxlaw-2855	449	15	discussing	discuss	VERB
taxlaw-2855	449	16	the	the	DET
taxlaw-2855	449	17	amendment	amendment	NOUN
taxlaw-2855	449	18	provided	provide	VERB
taxlaw-2855	449	19	:	:	PUNCT
taxlaw-2855	449	20	in	in	ADP
taxlaw-2855	449	21	1969	1969	NUM
taxlaw-2855	449	22	,	,	PUNCT
taxlaw-2855	449	23	congress	congress	PROPN
taxlaw-2855	449	24	granted	grant	VERB
taxlaw-2855	449	25	the	the	DET
taxlaw-2855	449	26	secretary	secretary	NOUN
taxlaw-2855	449	27	of	of	ADP
taxlaw-2855	449	28	the	the	DET
taxlaw-2855	449	29	treasury	treasury	NOUN
taxlaw-2855	449	30	the	the	DET
taxlaw-2855	449	31	authority	authority	NOUN
taxlaw-2855	449	32	to	to	PART
taxlaw-2855	449	33	prescribe	prescribe	VERB
taxlaw-2855	449	34	such	such	ADJ
taxlaw-2855	449	35	regulations	regulation	NOUN
taxlaw-2855	449	36	as	as	SCONJ
taxlaw-2855	449	37	may	may	AUX
taxlaw-2855	449	38	be	be	AUX
taxlaw-2855	449	39	necessary	necessary	ADJ
taxlaw-2855	449	40	or	or	CCONJ
taxlaw-2855	449	41	appropriate	appropriate	ADJ
taxlaw-2855	449	42	to	to	PART
taxlaw-2855	449	43	determine	determine	VERB
taxlaw-2855	449	44	whether	whether	SCONJ
taxlaw-2855	449	45	an	an	DET
taxlaw-2855	449	46	interest	interest	NOUN
taxlaw-2855	449	47	in	in	ADP
taxlaw-2855	449	48	a	a	DET
taxlaw-2855	449	49	corporation	corporation	NOUN
taxlaw-2855	449	50	is	be	AUX
taxlaw-2855	449	51	to	to	PART
taxlaw-2855	449	52	be	be	AUX
taxlaw-2855	449	53	treated	treat	VERB
taxlaw-2855	449	54	as	as	ADP
taxlaw-2855	449	55	stock	stock	NOUN
taxlaw-2855	449	56	or	or	CCONJ
taxlaw-2855	449	57	indebtedness	indebtedness	NOUN
taxlaw-2855	449	58	for	for	ADP
taxlaw-2855	449	59	federal	federal	ADJ
taxlaw-2855	449	60	income	income	NOUN
taxlaw-2855	449	61	tax	tax	NOUN
taxlaw-2855	449	62	purposes	purpose	NOUN
taxlaw-2855	449	63	(	(	PUNCT
taxlaw-2855	449	64	sec	sec	PROPN
taxlaw-2855	449	65	.	.	PROPN
taxlaw-2855	449	66	385	385	NUM
taxlaw-2855	449	67	)	)	PUNCT
taxlaw-2855	449	68	.	.	PUNCT
taxlaw-2855	450	1	the	the	DET
taxlaw-2855	450	2	regulations	regulation	NOUN
taxlaw-2855	450	3	were	be	AUX
taxlaw-2855	450	4	to	to	PART
taxlaw-2855	450	5	prescribe	prescribe	VERB
taxlaw-2855	450	6	factors	factor	NOUN
taxlaw-2855	450	7	to	to	PART
taxlaw-2855	450	8	be	be	AUX
taxlaw-2855	450	9	taken	take	VERB
taxlaw-2855	450	10	into	into	ADP
taxlaw-2855	450	11	account	account	NOUN
taxlaw-2855	450	12	in	in	ADP
taxlaw-2855	450	13	determining	determine	VERB
taxlaw-2855	450	14	,	,	PUNCT
taxlaw-2855	450	15	with	with	ADP
taxlaw-2855	450	16	respect	respect	NOUN
taxlaw-2855	450	17	to	to	ADP
taxlaw-2855	450	18	particular	particular	ADJ
taxlaw-2855	450	19	factual	factual	ADJ
taxlaw-2855	450	20	situations	situation	NOUN
taxlaw-2855	450	21	,	,	PUNCT
taxlaw-2855	450	22	whether	whether	SCONJ
taxlaw-2855	450	23	a	a	DET
taxlaw-2855	450	24	debtor	debtor	NOUN
taxlaw-2855	450	25	-	-	PUNCT
taxlaw-2855	450	26	creditor	creditor	NOUN
taxlaw-2855	450	27	relationship	relationship	NOUN
taxlaw-2855	450	28	or	or	CCONJ
taxlaw-2855	450	29	a	a	DET
taxlaw-2855	450	30	corporation	corporation	NOUN
taxlaw-2855	450	31	-	-	PUNCT
taxlaw-2855	450	32	shareholder	shareholder	NOUN
taxlaw-2855	450	33	relationship	relationship	NOUN
taxlaw-2855	450	34	existed.66	existed.66	NOUN
taxlaw-2855	450	35	similarly	similarly	ADV
taxlaw-2855	450	36	,	,	PUNCT
taxlaw-2855	450	37	the	the	DET
taxlaw-2855	450	38	irs	irs	PROPN
taxlaw-2855	450	39	acknowledged	acknowledge	VERB
taxlaw-2855	450	40	in	in	ADP
taxlaw-2855	450	41	the	the	DET
taxlaw-2855	450	42	preamble	preamble	NOUN
taxlaw-2855	450	43	to	to	ADP
taxlaw-2855	450	44	the	the	DET
taxlaw-2855	450	45	proposed	propose	VERB
taxlaw-2855	450	46	385	385	NUM
taxlaw-2855	450	47	regulations	regulation	NOUN
taxlaw-2855	450	48	that	that	PRON
taxlaw-2855	450	49	the	the	DET
taxlaw-2855	450	50	debt	debt	NOUN
taxlaw-2855	450	51	/	/	SYM
taxlaw-2855	450	52	equity	equity	NOUN
taxlaw-2855	450	53	question	question	NOUN
taxlaw-2855	450	54	is	be	AUX
taxlaw-2855	450	55	a	a	DET
taxlaw-2855	450	56	question	question	NOUN
taxlaw-2855	450	57	of	of	ADP
taxlaw-2855	450	58	economic	economic	ADJ
taxlaw-2855	450	59	substance	substance	NOUN
taxlaw-2855	450	60	.	.	PUNCT
taxlaw-2855	451	1	in	in	ADP
taxlaw-2855	451	2	fact	fact	NOUN
taxlaw-2855	451	3	,	,	PUNCT
taxlaw-2855	451	4	the	the	DET
taxlaw-2855	451	5	entire	entire	ADJ
taxlaw-2855	451	6	premise	premise	NOUN
taxlaw-2855	451	7	of	of	ADP
taxlaw-2855	451	8	the	the	DET
taxlaw-2855	451	9	documentation	documentation	NOUN
taxlaw-2855	451	10	requirements	requirement	NOUN
taxlaw-2855	451	11	set	set	VERB
taxlaw-2855	451	12	forth	forth	ADP
taxlaw-2855	451	13	in	in	ADP
taxlaw-2855	451	14	treasury	treasury	PROPN
taxlaw-2855	451	15	regulations	regulation	NOUN
taxlaw-2855	451	16	section	section	NOUN
taxlaw-2855	451	17	1.385	1.385	NUM
taxlaw-2855	451	18	-	-	SYM
taxlaw-2855	451	19	2	2	NUM
taxlaw-2855	451	20	is	be	AUX
taxlaw-2855	451	21	that	that	PRON
taxlaw-2855	451	22	(	(	PUNCT
taxlaw-2855	451	23	i	i	NOUN
taxlaw-2855	451	24	)	)	PUNCT
taxlaw-2855	451	25	there	there	PRON
taxlaw-2855	451	26	are	be	VERB
taxlaw-2855	451	27	certain	certain	ADJ
taxlaw-2855	451	28	factors	factor	NOUN
taxlaw-2855	451	29	(	(	PUNCT
taxlaw-2855	451	30	e.g.	e.g.	ADV
taxlaw-2855	451	31	,	,	PUNCT
taxlaw-2855	451	32	ability	ability	NOUN
taxlaw-2855	451	33	to	to	PART
taxlaw-2855	451	34	repay	repay	VERB
taxlaw-2855	451	35	)	)	PUNCT
taxlaw-2855	451	36	that	that	PRON
taxlaw-2855	451	37	indicate	indicate	VERB
taxlaw-2855	451	38	whether	whether	SCONJ
taxlaw-2855	451	39	as	as	ADP
taxlaw-2855	451	40	a	a	DET
taxlaw-2855	451	41	matter	matter	NOUN
taxlaw-2855	451	42	of	of	ADP
taxlaw-2855	451	43	substance	substance	NOUN
taxlaw-2855	451	44	an	an	DET
taxlaw-2855	451	45	instrument	instrument	NOUN
taxlaw-2855	451	46	is	be	AUX
taxlaw-2855	451	47	debt	debt	NOUN
taxlaw-2855	451	48	or	or	CCONJ
taxlaw-2855	451	49	equity	equity	NOUN
taxlaw-2855	451	50	,	,	PUNCT
taxlaw-2855	451	51	(	(	PUNCT
taxlaw-2855	451	52	ii	ii	NOUN
taxlaw-2855	451	53	)	)	PUNCT
taxlaw-2855	451	54	in	in	ADP
taxlaw-2855	451	55	the	the	DET
taxlaw-2855	451	56	related	relate	VERB
taxlaw-2855	451	57	-	-	PUNCT
taxlaw-2855	451	58	party	party	NOUN
taxlaw-2855	451	59	context	context	NOUN
taxlaw-2855	451	60	,	,	PUNCT
taxlaw-2855	451	61	it	it	PRON
taxlaw-2855	451	62	is	be	AUX
taxlaw-2855	451	63	less	less	ADV
taxlaw-2855	451	64	likely	likely	ADJ
taxlaw-2855	451	65	that	that	SCONJ
taxlaw-2855	451	66	a	a	DET
taxlaw-2855	451	67	creditor	creditor	NOUN
taxlaw-2855	451	68	will	will	AUX
taxlaw-2855	451	69	have	have	AUX
taxlaw-2855	451	70	demanded	demand	VERB
taxlaw-2855	451	71	evidence	evidence	NOUN
taxlaw-2855	451	72	of	of	ADP
taxlaw-2855	451	73	those	those	DET
taxlaw-2855	451	74	factors	factor	NOUN
taxlaw-2855	451	75	,	,	PUNCT
taxlaw-2855	451	76	and	and	CCONJ
taxlaw-2855	451	77	(	(	PUNCT
taxlaw-2855	451	78	iii	iii	NOUN
taxlaw-2855	451	79	)	)	PUNCT
taxlaw-2855	451	80	therefore	therefore	ADV
taxlaw-2855	451	81	,	,	PUNCT
taxlaw-2855	451	82	it	it	PRON
taxlaw-2855	451	83	is	be	AUX
taxlaw-2855	451	84	necessary	necessary	ADJ
taxlaw-2855	451	85	to	to	PART
taxlaw-2855	451	86	impose	impose	VERB
taxlaw-2855	451	87	documentation	documentation	NOUN
taxlaw-2855	451	88	requirements	requirement	NOUN
taxlaw-2855	451	89	in	in	ADP
taxlaw-2855	451	90	order	order	NOUN
taxlaw-2855	451	91	to	to	PART
taxlaw-2855	451	92	ensure	ensure	VERB
taxlaw-2855	451	93	the	the	DET
taxlaw-2855	451	94	irs	irs	PROPN
taxlaw-2855	451	95	has	have	VERB
taxlaw-2855	451	96	the	the	DET
taxlaw-2855	451	97	necessary	necessary	ADJ
taxlaw-2855	451	98	information	information	NOUN
taxlaw-2855	451	99	in	in	ADP
taxlaw-2855	451	100	order	order	NOUN
taxlaw-2855	451	101	to	to	PART
taxlaw-2855	451	102	undertake	undertake	VERB
taxlaw-2855	451	103	a	a	DET
taxlaw-2855	451	104	substantive	substantive	ADJ
taxlaw-2855	451	105	analysis	analysis	NOUN
taxlaw-2855	451	106	of	of	ADP
taxlaw-2855	451	107	the	the	DET
taxlaw-2855	451	108	instrument	instrument	NOUN
taxlaw-2855	451	109	in	in	ADP
taxlaw-2855	451	110	question	question	NOUN
taxlaw-2855	451	111	to	to	PART
taxlaw-2855	451	112	determine	determine	VERB
taxlaw-2855	451	113	whether	whether	SCONJ
taxlaw-2855	451	114	it	it	PRON
taxlaw-2855	451	115	is	be	AUX
taxlaw-2855	451	116	debt	debt	NOUN
taxlaw-2855	451	117	or	or	CCONJ
taxlaw-2855	451	118	equity.67	equity.67	PROPN
taxlaw-2855	451	119	65	65	NUM
taxlaw-2855	451	120	h.r	h.r	PROPN
taxlaw-2855	451	121	.	.	PROPN
taxlaw-2855	451	122	conf	conf	PROPN
taxlaw-2855	451	123	.	.	PUNCT
taxlaw-2855	452	1	rep	rep	PROPN
taxlaw-2855	452	2	.	.	PROPN
taxlaw-2855	452	3	101	101	NUM
taxlaw-2855	452	4	-	-	SYM
taxlaw-2855	452	5	386	386	NUM
taxlaw-2855	452	6	,	,	PUNCT
taxlaw-2855	452	7	at	at	ADP
taxlaw-2855	452	8	562	562	NUM
taxlaw-2855	452	9	(	(	PUNCT
taxlaw-2855	452	10	1989	1989	NUM
taxlaw-2855	452	11	)	)	PUNCT
taxlaw-2855	452	12	.	.	PUNCT
taxlaw-2855	453	1	66	66	NUM
taxlaw-2855	453	2	h.r	h.r	PROPN
taxlaw-2855	453	3	.	.	PROPN
taxlaw-2855	453	4	rep	rep	PROPN
taxlaw-2855	453	5	.	.	PROPN
taxlaw-2855	453	6	102	102	NUM
taxlaw-2855	453	7	-	-	SYM
taxlaw-2855	453	8	716	716	NUM
taxlaw-2855	453	9	(	(	PUNCT
taxlaw-2855	453	10	1992	1992	NUM
taxlaw-2855	453	11	)	)	PUNCT
taxlaw-2855	453	12	(	(	PUNCT
taxlaw-2855	453	13	emphasis	emphasis	NOUN
taxlaw-2855	453	14	added	add	VERB
taxlaw-2855	453	15	)	)	PUNCT
taxlaw-2855	453	16	.	.	PUNCT
taxlaw-2855	454	1	67	67	NUM
taxlaw-2855	454	2	prop	prop	NOUN
taxlaw-2855	454	3	.	.	PUNCT
taxlaw-2855	455	1	treas	treas	PROPN
taxlaw-2855	455	2	.	.	PUNCT
taxlaw-2855	456	1	reg	reg	PROPN
taxlaw-2855	456	2	.	.	PUNCT
taxlaw-2855	457	1	1.385	1.385	NUM
taxlaw-2855	457	2	-	-	SYM
taxlaw-2855	457	3	2	2	NUM
taxlaw-2855	457	4	.	.	PUNCT
taxlaw-2855	458	1	a	a	DET
taxlaw-2855	458	2	sampling	sampling	NOUN
taxlaw-2855	458	3	of	of	ADP
taxlaw-2855	458	4	quotations	quotation	NOUN
taxlaw-2855	458	5	from	from	ADP
taxlaw-2855	458	6	the	the	DET
taxlaw-2855	458	7	preamble	preamble	NOUN
taxlaw-2855	458	8	to	to	ADP
taxlaw-2855	458	9	the	the	DET
taxlaw-2855	458	10	proposed	propose	VERB
taxlaw-2855	458	11	385	385	NUM
taxlaw-2855	458	12	regulations	regulation	NOUN
taxlaw-2855	458	13	(	(	PUNCT
taxlaw-2855	458	14	emphasis	emphasis	NOUN
taxlaw-2855	458	15	added	add	VERB
taxlaw-2855	458	16	in	in	ADP
taxlaw-2855	458	17	all	all	DET
taxlaw-2855	458	18	quotes	quote	NOUN
taxlaw-2855	458	19	):	):	PUNCT
taxlaw-2855	458	20	“	"	PUNCT
taxlaw-2855	458	21	this	this	DET
taxlaw-2855	458	22	all	all	ADV
taxlaw-2855	458	23	-	-	PUNCT
taxlaw-2855	458	24	or	or	CCONJ
taxlaw-2855	458	25	-	-	PUNCT
taxlaw-2855	458	26	nothing	nothing	PRON
taxlaw-2855	458	27	approach	approach	NOUN
taxlaw-2855	458	28	is	be	AUX
taxlaw-2855	458	29	particularly	particularly	ADV
taxlaw-2855	458	30	problematic	problematic	ADJ
taxlaw-2855	458	31	in	in	ADP
taxlaw-2855	458	32	cases	case	NOUN
taxlaw-2855	458	33	where	where	SCONJ
taxlaw-2855	458	34	the	the	DET
taxlaw-2855	458	35	facts	fact	NOUN
taxlaw-2855	458	36	and	and	CCONJ
taxlaw-2855	458	37	circumstances	circumstance	NOUN
taxlaw-2855	458	38	surrounding	surround	VERB
taxlaw-2855	458	39	a	a	DET
taxlaw-2855	458	40	purported	purport	VERB
taxlaw-2855	458	41	debt	debt	NOUN
taxlaw-2855	458	42	instrument	instrument	NOUN
taxlaw-2855	458	43	provide	provide	VERB
taxlaw-2855	458	44	only	only	ADV
taxlaw-2855	458	45	slightly	slightly	ADV
taxlaw-2855	458	46	more	more	ADJ
taxlaw-2855	458	47	support	support	NOUN
taxlaw-2855	458	48	for	for	ADP
taxlaw-2855	458	49	characterization	characterization	NOUN
taxlaw-2855	458	50	of	of	ADP
taxlaw-2855	458	51	the	the	DET
taxlaw-2855	458	52	entire	entire	ADJ
taxlaw-2855	458	53	interest	interest	NOUN
taxlaw-2855	458	54	as	as	ADP
taxlaw-2855	458	55	indebtedness	indebtedness	NOUN
taxlaw-2855	458	56	than	than	ADP
taxlaw-2855	458	57	for	for	ADP
taxlaw-2855	458	58	equity	equity	NOUN
taxlaw-2855	458	59	characterization	characterization	NOUN
taxlaw-2855	458	60	,	,	PUNCT
taxlaw-2855	458	61	a	a	DET
taxlaw-2855	458	62	situation	situation	NOUN
taxlaw-2855	458	63	that	that	PRON
taxlaw-2855	458	64	is	be	AUX
taxlaw-2855	458	65	increasingly	increasingly	ADV
taxlaw-2855	458	66	common	common	ADJ
taxlaw-2855	458	67	in	in	ADP
taxlaw-2855	458	68	the	the	DET
taxlaw-2855	458	69	related	relate	VERB
taxlaw-2855	458	70	-	-	PUNCT
taxlaw-2855	458	71	party	party	NOUN
taxlaw-2855	458	72	context	context	NOUN
taxlaw-2855	458	73	.	.	PUNCT
taxlaw-2855	459	1	the	the	DET
taxlaw-2855	459	2	treasury	treasury	PROPN
taxlaw-2855	459	3	department	department	PROPN
taxlaw-2855	459	4	and	and	CCONJ
taxlaw-2855	459	5	the	the	DET
taxlaw-2855	459	6	irs	irs	PROPN
taxlaw-2855	459	7	have	have	AUX
taxlaw-2855	459	8	determined	determine	VERB
taxlaw-2855	459	9	that	that	SCONJ
taxlaw-2855	459	10	the	the	DET
taxlaw-2855	459	11	all	all	ADV
taxlaw-2855	459	12	-	-	PUNCT
taxlaw-2855	459	13	or	or	CCONJ
taxlaw-2855	459	14	-	-	PUNCT
taxlaw-2855	459	15	nothing	nothing	PRON
taxlaw-2855	459	16	approach	approach	NOUN
taxlaw-2855	459	17	frequently	frequently	ADV
taxlaw-2855	459	18	fails	fail	VERB
taxlaw-2855	459	19	to	to	PART
taxlaw-2855	459	20	reflect	reflect	VERB
taxlaw-2855	459	21	the	the	DET
taxlaw-2855	459	22	economic	economic	ADJ
taxlaw-2855	459	23	substance	substance	NOUN
taxlaw-2855	459	24	of	of	ADP
taxlaw-2855	459	25	related	relate	VERB
taxlaw-2855	459	26	-	-	PUNCT
taxlaw-2855	459	27	party	party	NOUN
taxlaw-2855	459	28	interests	interest	NOUN
taxlaw-2855	459	29	that	that	PRON
taxlaw-2855	459	30	are	be	AUX
taxlaw-2855	459	31	in	in	ADP
taxlaw-2855	459	32	form	form	NOUN
taxlaw-2855	459	33	indebtedness	indebtedness	NOUN
taxlaw-2855	459	34	and	and	CCONJ
taxlaw-2855	459	35	gives	give	VERB
taxlaw-2855	459	36	rise	rise	NOUN
taxlaw-2855	459	37	to	to	ADP
taxlaw-2855	459	38	inappropriate	inappropriate	VERB
taxlaw-2855	459	39	federal	federal	ADJ
taxlaw-2855	459	40	tax	tax	NOUN
taxlaw-2855	459	41	consequences	consequence	NOUN
taxlaw-2855	459	42	.	.	PUNCT
taxlaw-2855	459	43	”	"	PUNCT
taxlaw-2855	459	44	reg-108060	reg-108060	NOUN
taxlaw-2855	459	45	-	-	PUNCT
taxlaw-2855	459	46	15	15	NUM
taxlaw-2855	459	47	,	,	PUNCT
taxlaw-2855	459	48	2016	2016	NUM
taxlaw-2855	459	49	-	-	SYM
taxlaw-2855	459	50	17	17	NUM
taxlaw-2855	459	51	i.r.b	i.r.b	NOUN
taxlaw-2855	459	52	.	.	PUNCT
taxlaw-2855	460	1	636	636	NUM
taxlaw-2855	460	2	,	,	PUNCT
taxlaw-2855	460	3	639	639	NUM
taxlaw-2855	460	4	,	,	PUNCT
taxlaw-2855	460	5	81	81	NUM
taxlaw-2855	460	6	fr	fr	NUM
taxlaw-2855	460	7	20914	20914	NUM
taxlaw-2855	460	8	(	(	PUNCT
taxlaw-2855	460	9	apr	apr	PROPN
taxlaw-2855	460	10	.	.	PROPN
taxlaw-2855	460	11	8	8	NUM
taxlaw-2855	460	12	,	,	PUNCT
taxlaw-2855	460	13	2016	2016	NUM
taxlaw-2855	460	14	)	)	PUNCT
taxlaw-2855	460	15	.	.	PUNCT
taxlaw-2855	461	1	“	"	PUNCT
taxlaw-2855	461	2	related	relate	VERB
taxlaw-2855	461	3	-	-	PUNCT
taxlaw-2855	461	4	party	party	NOUN
taxlaw-2855	461	5	indebtedness	indebtedness	NOUN
taxlaw-2855	461	6	,	,	PUNCT
taxlaw-2855	461	7	like	like	ADP
taxlaw-2855	461	8	indebtedness	indebtedness	NOUN
taxlaw-2855	461	9	between	between	ADP
taxlaw-2855	461	10	unrelated	unrelated	ADJ
taxlaw-2855	461	11	persons	person	NOUN
taxlaw-2855	461	12	,	,	PUNCT
taxlaw-2855	461	13	may	may	AUX
taxlaw-2855	461	14	be	be	AUX
taxlaw-2855	461	15	respected	respect	VERB
taxlaw-2855	461	16	as	as	ADP
taxlaw-2855	461	17	indebtedness	indebtedness	NOUN
taxlaw-2855	461	18	for	for	ADP
taxlaw-2855	461	19	federal	federal	ADJ
taxlaw-2855	461	20	tax	tax	NOUN
taxlaw-2855	461	21	purposes	purpose	NOUN
taxlaw-2855	461	22	,	,	PUNCT
taxlaw-2855	461	23	but	but	CCONJ
taxlaw-2855	461	24	only	only	ADV
taxlaw-2855	461	25	if	if	SCONJ
taxlaw-2855	461	26	there	there	PRON
taxlaw-2855	461	27	is	be	VERB
taxlaw-2855	461	28	intent	intent	ADJ
taxlaw-2855	461	29	to	to	PART
taxlaw-2855	461	30	create	create	VERB
taxlaw-2855	461	31	a	a	DET
taxlaw-2855	461	32	true	true	ADJ
taxlaw-2855	461	33	debtor	debtor	NOUN
taxlaw-2855	461	34	-	-	PUNCT
taxlaw-2855	461	35	creditor	creditor	NOUN
taxlaw-2855	461	36	relationship	relationship	NOUN
taxlaw-2855	461	37	that	that	PRON
taxlaw-2855	461	38	results	result	VERB
taxlaw-2855	461	39	in	in	ADP
taxlaw-2855	461	40	bona	bona	ADJ
taxlaw-2855	461	41	fide	fide	ADJ
taxlaw-2855	461	42	indebtedness	indebtedness	NOUN
taxlaw-2855	461	43	.	.	PUNCT
taxlaw-2855	461	44	”	"	PUNCT
taxlaw-2855	462	1	reg108060	reg108060	NOUN
taxlaw-2855	462	2	-	-	PUNCT
taxlaw-2855	462	3	15	15	NUM
taxlaw-2855	462	4	,	,	PUNCT
taxlaw-2855	462	5	2016	2016	NUM
taxlaw-2855	462	6	-	-	SYM
taxlaw-2855	462	7	17	17	NUM
taxlaw-2855	462	8	i.r.b	i.r.b	NOUN
taxlaw-2855	462	9	.	.	PUNCT
taxlaw-2855	463	1	636	636	NUM
taxlaw-2855	463	2	,	,	PUNCT
taxlaw-2855	463	3	640	640	NUM
taxlaw-2855	463	4	,	,	PUNCT
taxlaw-2855	463	5	81	81	NUM
taxlaw-2855	463	6	fr	fr	ADJ
taxlaw-2855	463	7	20915	20915	NUM
taxlaw-2855	463	8	(	(	PUNCT
taxlaw-2855	463	9	apr	apr	PROPN
taxlaw-2855	463	10	.	.	PROPN
taxlaw-2855	463	11	8	8	NUM
taxlaw-2855	463	12	,	,	PUNCT
taxlaw-2855	463	13	2016	2016	NUM
taxlaw-2855	463	14	)	)	PUNCT
taxlaw-2855	463	15	.	.	PUNCT
taxlaw-2855	464	1	“	"	PUNCT
taxlaw-2855	464	2	it	it	PRON
taxlaw-2855	464	3	is	be	AUX
taxlaw-2855	464	4	increasingly	increasingly	ADV
taxlaw-2855	464	5	problematic	problematic	ADJ
taxlaw-2855	464	6	that	that	SCONJ
taxlaw-2855	464	7	there	there	PRON
taxlaw-2855	464	8	is	be	VERB
taxlaw-2855	464	9	a	a	DET
taxlaw-2855	464	10	lack	lack	NOUN
taxlaw-2855	464	11	of	of	ADP
taxlaw-2855	464	12	guidance	guidance	NOUN
taxlaw-2855	464	13	prescribing	prescribe	VERB
taxlaw-2855	464	14	the	the	DET
taxlaw-2855	464	15	information	information	NOUN
taxlaw-2855	464	16	and	and	CCONJ
taxlaw-2855	464	17	documentation	documentation	NOUN
taxlaw-2855	464	18	necessary	necessary	ADJ
taxlaw-2855	464	19	to	to	PART
taxlaw-2855	464	20	support	support	VERB
taxlaw-2855	464	21	the	the	DET
taxlaw-2855	464	22	characterization	characterization	NOUN
taxlaw-2855	464	23	of	of	ADP
taxlaw-2855	464	24	a	a	DET
taxlaw-2855	464	25	purported	purport	VERB
taxlaw-2855	464	26	debt	debt	NOUN
taxlaw-2855	464	27	instrument	instrument	NOUN
taxlaw-2855	464	28	as	as	ADP
taxlaw-2855	464	29	indebtedness	indebtedness	NOUN
taxlaw-2855	464	30	in	in	ADP
taxlaw-2855	464	31	the	the	DET
taxlaw-2855	464	32	related	relate	VERB
taxlaw-2855	464	33	-	-	PUNCT
taxlaw-2855	464	34	party	party	NOUN
taxlaw-2855	464	35	context	context	NOUN
taxlaw-2855	464	36	.	.	PUNCT
taxlaw-2855	464	37	”	"	PUNCT
taxlaw-2855	464	38	reg108060	reg108060	NOUN
taxlaw-2855	464	39	-	-	PUNCT
taxlaw-2855	464	40	15	15	NUM
taxlaw-2855	464	41	,	,	PUNCT
taxlaw-2855	464	42	2016	2016	NUM
taxlaw-2855	464	43	-	-	SYM
taxlaw-2855	464	44	17	17	NUM
taxlaw-2855	464	45	i.r.b	i.r.b	NOUN
taxlaw-2855	464	46	.	.	PUNCT
taxlaw-2855	465	1	636	636	NUM
taxlaw-2855	465	2	,	,	PUNCT
taxlaw-2855	465	3	641	641	NUM
taxlaw-2855	465	4	,	,	PUNCT
taxlaw-2855	465	5	81	81	NUM
taxlaw-2855	465	6	fr	fr	ADJ
taxlaw-2855	465	7	20915	20915	NUM
taxlaw-2855	465	8	(	(	PUNCT
taxlaw-2855	465	9	apr	apr	PROPN
taxlaw-2855	465	10	.	.	PROPN
taxlaw-2855	465	11	8	8	NUM
taxlaw-2855	465	12	,	,	PUNCT
taxlaw-2855	465	13	2016	2016	NUM
taxlaw-2855	465	14	)	)	PUNCT
taxlaw-2855	465	15	.	.	PUNCT
taxlaw-2855	466	1	“	"	PUNCT
taxlaw-2855	466	2	this	this	DET
taxlaw-2855	466	3	requirement	requirement	NOUN
taxlaw-2855	466	4	also	also	ADV
taxlaw-2855	466	5	serves	serve	VERB
taxlaw-2855	466	6	to	to	PART
taxlaw-2855	466	7	help	help	VERB
taxlaw-2855	466	8	demonstrate	demonstrate	VERB
taxlaw-2855	466	9	whether	whether	SCONJ
taxlaw-2855	466	10	there	there	PRON
taxlaw-2855	466	11	was	be	VERB
taxlaw-2855	466	12	intent	intent	ADJ
taxlaw-2855	466	13	to	to	PART
taxlaw-2855	466	14	create	create	VERB
taxlaw-2855	466	15	a	a	DET
taxlaw-2855	466	16	true	true	ADJ
taxlaw-2855	466	17	debtor	debtor	NOUN
taxlaw-2855	466	18	-	-	PUNCT
taxlaw-2855	466	19	creditor	creditor	NOUN
taxlaw-2855	466	20	relationship	relationship	NOUN
taxlaw-2855	466	21	that	that	PRON
taxlaw-2855	466	22	results	result	VERB
taxlaw-2855	466	23	in	in	ADP
taxlaw-2855	466	24	bona	bona	ADJ
taxlaw-2855	466	25	fide	fide	ADJ
taxlaw-2855	466	26	indebtedness	indebtedness	NOUN
taxlaw-2855	466	27	.	.	PUNCT
taxlaw-2855	466	28	”	"	PUNCT
taxlaw-2855	466	29	reg-108060	reg-108060	NOUN
taxlaw-2855	466	30	-	-	PUNCT
taxlaw-2855	466	31	15	15	NUM
taxlaw-2855	466	32	,	,	PUNCT
taxlaw-2855	466	33	2016	2016	NUM
taxlaw-2855	466	34	-	-	SYM
taxlaw-2855	466	35	17	17	NUM
taxlaw-2855	466	36	i.r.b	i.r.b	NOUN
taxlaw-2855	466	37	.	.	PUNCT
taxlaw-2855	467	1	636	636	NUM
taxlaw-2855	467	2	,	,	PUNCT
taxlaw-2855	467	3	641	641	NUM
taxlaw-2855	467	4	,	,	PUNCT
taxlaw-2855	467	5	81	81	NUM
taxlaw-2855	467	6	fr	fr	NOUN
taxlaw-2855	467	7	20916	20916	NUM
taxlaw-2855	467	8	(	(	PUNCT
taxlaw-2855	467	9	apr	apr	PROPN
taxlaw-2855	467	10	.	.	PROPN
taxlaw-2855	467	11	8	8	NUM
taxlaw-2855	467	12	,	,	PUNCT
taxlaw-2855	467	13	2016	2016	NUM
taxlaw-2855	467	14	)	)	PUNCT
taxlaw-2855	467	15	.	.	PUNCT
taxlaw-2855	468	1	“	"	PUNCT
taxlaw-2855	468	2	these	these	DET
taxlaw-2855	468	3	requirements	requirement	NOUN
taxlaw-2855	468	4	are	be	AUX
taxlaw-2855	468	5	necessary	necessary	ADJ
taxlaw-2855	468	6	to	to	ADP
taxlaw-2855	468	7	the	the	DET
taxlaw-2855	468	8	conduct	conduct	NOUN
taxlaw-2855	468	9	of	of	ADP
taxlaw-2855	468	10	the	the	DET
taxlaw-2855	468	11	multi	multi	ADJ
taxlaw-2855	468	12	-	-	ADJ
taxlaw-2855	468	13	factor	factor	NOUN
taxlaw-2855	468	14	analysis	analysis	NOUN
taxlaw-2855	468	15	used	use	VERB
taxlaw-2855	468	16	in	in	ADP
taxlaw-2855	468	17	the	the	DET
taxlaw-2855	468	18	mixon	mixon	NOUN
taxlaw-2855	468	19	and	and	CCONJ
taxlaw-2855	468	20	fin	fin	VERB
taxlaw-2855	468	21	hay	hay	NOUN
taxlaw-2855	468	22	line	line	NOUN
taxlaw-2855	468	23	of	of	ADP
taxlaw-2855	468	24	cases	case	NOUN
taxlaw-2855	468	25	to	to	PART
taxlaw-2855	468	26	determine	determine	VERB
taxlaw-2855	468	27	the	the	DET
taxlaw-2855	468	28	nature	nature	NOUN
taxlaw-2855	468	29	of	of	ADP
taxlaw-2855	468	30	an	an	DET
taxlaw-2855	468	31	interest	interest	NOUN
taxlaw-2855	468	32	as	as	ADP
taxlaw-2855	468	33	indebtedness	indebtedness	NOUN
taxlaw-2855	468	34	for	for	ADP
taxlaw-2855	468	35	federal	federal	ADJ
taxlaw-2855	468	36	tax	tax	NOUN
taxlaw-2855	468	37	purposes	purpose	NOUN
taxlaw-2855	468	38	.	.	PUNCT
taxlaw-2855	468	39	”	"	PUNCT
taxlaw-2855	468	40	reg-108060	reg-108060	NOUN
taxlaw-2855	468	41	-	-	PUNCT
taxlaw-2855	468	42	15	15	NUM
taxlaw-2855	468	43	,	,	PUNCT
taxlaw-2855	468	44	2016	2016	NUM
taxlaw-2855	468	45	-	-	SYM
taxlaw-2855	468	46	17	17	NUM
taxlaw-2855	468	47	i.r.b	i.r.b	NOUN
taxlaw-2855	468	48	.	.	PUNCT
taxlaw-2855	469	1	636	636	NUM
taxlaw-2855	469	2	,	,	PUNCT
taxlaw-2855	469	3	641	641	NUM
taxlaw-2855	469	4	,	,	PUNCT
taxlaw-2855	469	5	81	81	NUM
taxlaw-2855	469	6	fr	fr	NOUN
taxlaw-2855	469	7	20916	20916	NUM
taxlaw-2855	469	8	(	(	PUNCT
taxlaw-2855	469	9	apr	apr	PROPN
taxlaw-2855	469	10	.	.	PROPN
taxlaw-2855	469	11	8	8	NUM
taxlaw-2855	469	12	,	,	PUNCT
taxlaw-2855	469	13	2016	2016	NUM
taxlaw-2855	469	14	)	)	PUNCT
taxlaw-2855	469	15	.	.	PUNCT
taxlaw-2855	470	1	348	348	NUM
taxlaw-2855	470	2	columbia	columbia	PROPN
taxlaw-2855	470	3	journal	journal	PROPN
taxlaw-2855	470	4	of	of	ADP
taxlaw-2855	470	5	tax	tax	NOUN
taxlaw-2855	470	6	law	law	NOUN
taxlaw-2855	470	7	[	[	X
taxlaw-2855	470	8	vol.8:326	vol.8:326	PROPN
taxlaw-2855	470	9	in	in	ADP
taxlaw-2855	470	10	contrast	contrast	NOUN
taxlaw-2855	470	11	,	,	PUNCT
taxlaw-2855	470	12	the	the	DET
taxlaw-2855	470	13	per	per	X
taxlaw-2855	470	14	se	se	X
taxlaw-2855	470	15	rule	rule	NOUN
taxlaw-2855	470	16	is	be	AUX
taxlaw-2855	470	17	fully	fully	ADV
taxlaw-2855	470	18	divorced	divorce	VERB
taxlaw-2855	470	19	from	from	ADP
taxlaw-2855	470	20	the	the	DET
taxlaw-2855	470	21	question	question	NOUN
taxlaw-2855	470	22	of	of	ADP
taxlaw-2855	470	23	whether	whether	SCONJ
taxlaw-2855	470	24	an	an	DET
taxlaw-2855	470	25	instrument	instrument	NOUN
taxlaw-2855	470	26	is	be	AUX
taxlaw-2855	470	27	,	,	PUNCT
taxlaw-2855	470	28	in	in	ADP
taxlaw-2855	470	29	substance	substance	NOUN
taxlaw-2855	470	30	,	,	PUNCT
taxlaw-2855	470	31	debt	debt	NOUN
taxlaw-2855	470	32	or	or	CCONJ
taxlaw-2855	470	33	equity.68	equity.68	NOUN
taxlaw-2855	470	34	in	in	ADP
taxlaw-2855	470	35	fact	fact	NOUN
taxlaw-2855	470	36	,	,	PUNCT
taxlaw-2855	470	37	the	the	DET
taxlaw-2855	470	38	per	per	X
taxlaw-2855	470	39	se	se	X
taxlaw-2855	470	40	rule	rule	PROPN
taxlaw-2855	470	41	first	first	ADV
taxlaw-2855	470	42	requires	require	VERB
taxlaw-2855	470	43	a	a	DET
taxlaw-2855	470	44	taxpayer	taxpayer	NOUN
taxlaw-2855	470	45	go	go	VERB
taxlaw-2855	470	46	through	through	ADP
taxlaw-2855	470	47	a	a	DET
taxlaw-2855	470	48	traditional	traditional	ADJ
taxlaw-2855	470	49	debt	debt	NOUN
taxlaw-2855	470	50	/	/	SYM
taxlaw-2855	470	51	equity	equity	NOUN
taxlaw-2855	470	52	analysis	analysis	NOUN
taxlaw-2855	470	53	(	(	PUNCT
taxlaw-2855	470	54	i.e.	i.e.	X
taxlaw-2855	470	55	,	,	PUNCT
taxlaw-2855	470	56	determine	determine	VERB
taxlaw-2855	470	57	the	the	DET
taxlaw-2855	470	58	economic	economic	ADJ
taxlaw-2855	470	59	substance	substance	NOUN
taxlaw-2855	470	60	of	of	ADP
taxlaw-2855	470	61	the	the	DET
taxlaw-2855	470	62	instrument).69	instrument).69	NOUN
taxlaw-2855	470	63	only	only	ADV
taxlaw-2855	470	64	if	if	SCONJ
taxlaw-2855	470	65	such	such	DET
taxlaw-2855	470	66	an	an	DET
taxlaw-2855	470	67	analysis	analysis	NOUN
taxlaw-2855	470	68	reveals	reveal	VERB
taxlaw-2855	470	69	the	the	DET
taxlaw-2855	470	70	instrument	instrument	NOUN
taxlaw-2855	470	71	as	as	ADP
taxlaw-2855	470	72	true	true	ADJ
taxlaw-2855	470	73	debt	debt	NOUN
taxlaw-2855	470	74	does	do	VERB
taxlaw-2855	470	75	the	the	DET
taxlaw-2855	470	76	per	per	X
taxlaw-2855	470	77	se	se	X
taxlaw-2855	470	78	rule	rule	VERB
taxlaw-2855	470	79	potentially	potentially	ADV
taxlaw-2855	470	80	recharacterize	recharacterize	VERB
taxlaw-2855	470	81	the	the	DET
taxlaw-2855	470	82	debt	debt	NOUN
taxlaw-2855	470	83	(	(	PUNCT
taxlaw-2855	470	84	which	which	PRON
taxlaw-2855	470	85	was	be	AUX
taxlaw-2855	470	86	just	just	ADV
taxlaw-2855	470	87	determined	determined	ADJ
taxlaw-2855	470	88	to	to	PART
taxlaw-2855	470	89	be	be	AUX
taxlaw-2855	470	90	debt	debt	NOUN
taxlaw-2855	470	91	under	under	ADP
taxlaw-2855	470	92	the	the	DET
taxlaw-2855	470	93	traditional	traditional	ADJ
taxlaw-2855	470	94	debt	debt	NOUN
taxlaw-2855	470	95	/	/	SYM
taxlaw-2855	470	96	equity	equity	NOUN
taxlaw-2855	470	97	factors	factor	NOUN
taxlaw-2855	470	98	)	)	PUNCT
taxlaw-2855	470	99	as	as	ADP
taxlaw-2855	470	100	equity	equity	NOUN
taxlaw-2855	470	101	.	.	PUNCT
taxlaw-2855	471	1	we	we	PRON
taxlaw-2855	471	2	think	think	VERB
taxlaw-2855	471	3	it	it	PRON
taxlaw-2855	471	4	is	be	AUX
taxlaw-2855	471	5	fair	fair	ADJ
taxlaw-2855	471	6	to	to	PART
taxlaw-2855	471	7	say	say	VERB
taxlaw-2855	471	8	that	that	SCONJ
taxlaw-2855	471	9	this	this	PRON
taxlaw-2855	471	10	is	be	AUX
taxlaw-2855	471	11	not	not	PART
taxlaw-2855	471	12	what	what	PRON
taxlaw-2855	471	13	congress	congress	PROPN
taxlaw-2855	471	14	envisioned	envision	VERB
taxlaw-2855	471	15	when	when	SCONJ
taxlaw-2855	471	16	it	it	PRON
taxlaw-2855	471	17	adopted	adopt	VERB
taxlaw-2855	471	18	and	and	CCONJ
taxlaw-2855	471	19	subsequently	subsequently	ADV
taxlaw-2855	471	20	amended	amend	VERB
taxlaw-2855	471	21	section	section	NOUN
taxlaw-2855	471	22	385	385	NUM
taxlaw-2855	471	23	.	.	PUNCT
taxlaw-2855	472	1	the	the	DET
taxlaw-2855	472	2	question	question	NOUN
taxlaw-2855	472	3	of	of	ADP
taxlaw-2855	472	4	what	what	PRON
taxlaw-2855	472	5	is	be	AUX
taxlaw-2855	472	6	authorized	authorize	VERB
taxlaw-2855	472	7	under	under	ADP
taxlaw-2855	472	8	section	section	NOUN
taxlaw-2855	472	9	385	385	NUM
taxlaw-2855	472	10	is	be	AUX
taxlaw-2855	472	11	admittedly	admittedly	ADV
taxlaw-2855	472	12	a	a	DET
taxlaw-2855	472	13	harder	hard	ADJ
taxlaw-2855	472	14	question	question	NOUN
taxlaw-2855	472	15	,	,	PUNCT
taxlaw-2855	472	16	given	give	VERB
taxlaw-2855	472	17	the	the	DET
taxlaw-2855	472	18	expansive	expansive	ADJ
taxlaw-2855	472	19	authority	authority	NOUN
taxlaw-2855	472	20	granted	grant	VERB
taxlaw-2855	472	21	by	by	ADP
taxlaw-2855	472	22	the	the	DET
taxlaw-2855	472	23	statutory	statutory	ADJ
taxlaw-2855	472	24	language	language	NOUN
taxlaw-2855	472	25	and	and	CCONJ
taxlaw-2855	472	26	the	the	DET
taxlaw-2855	472	27	legislative	legislative	ADJ
taxlaw-2855	472	28	history	history	NOUN
taxlaw-2855	472	29	.	.	PUNCT
taxlaw-2855	473	1	lee	lee	PROPN
taxlaw-2855	473	2	sheppard	sheppard	PROPN
taxlaw-2855	473	3	has	have	AUX
taxlaw-2855	473	4	written	write	VERB
taxlaw-2855	473	5	that	that	SCONJ
taxlaw-2855	473	6	“	"	PUNCT
taxlaw-2855	473	7	the	the	DET
taxlaw-2855	473	8	statute	statute	NOUN
taxlaw-2855	473	9	clearly	clearly	ADV
taxlaw-2855	473	10	empowers	empower	VERB
taxlaw-2855	473	11	the	the	DET
taxlaw-2855	473	12	government	government	NOUN
taxlaw-2855	473	13	to	to	PART
taxlaw-2855	473	14	write	write	VERB
taxlaw-2855	473	15	regulations	regulation	NOUN
taxlaw-2855	473	16	that	that	PRON
taxlaw-2855	473	17	would	would	AUX
taxlaw-2855	473	18	effectively	effectively	ADV
taxlaw-2855	473	19	replace	replace	VERB
taxlaw-2855	473	20	case	case	NOUN
taxlaw-2855	473	21	law	law	NOUN
taxlaw-2855	473	22	.	.	PUNCT
taxlaw-2855	474	1	”70	”70	PROPN
taxlaw-2855	474	2	that	that	PRON
taxlaw-2855	474	3	may	may	AUX
taxlaw-2855	474	4	be	be	AUX
taxlaw-2855	474	5	the	the	DET
taxlaw-2855	474	6	case	case	NOUN
taxlaw-2855	474	7	in	in	ADP
taxlaw-2855	474	8	some	some	DET
taxlaw-2855	474	9	respects	respect	NOUN
taxlaw-2855	474	10	,	,	PUNCT
taxlaw-2855	474	11	but	but	CCONJ
taxlaw-2855	474	12	it	it	PRON
taxlaw-2855	474	13	can	can	AUX
taxlaw-2855	474	14	not	not	PART
taxlaw-2855	474	15	be	be	AUX
taxlaw-2855	474	16	true	true	ADJ
taxlaw-2855	474	17	in	in	ADP
taxlaw-2855	474	18	all	all	DET
taxlaw-2855	474	19	respects	respect	NOUN
taxlaw-2855	474	20	.	.	PUNCT
taxlaw-2855	475	1	suppose	suppose	VERB
taxlaw-2855	475	2	the	the	DET
taxlaw-2855	475	3	irs	irs	PROPN
taxlaw-2855	475	4	issued	issue	VERB
taxlaw-2855	475	5	a	a	DET
taxlaw-2855	475	6	regulation	regulation	NOUN
taxlaw-2855	475	7	under	under	ADP
taxlaw-2855	475	8	section	section	NOUN
taxlaw-2855	475	9	385	385	NUM
taxlaw-2855	475	10	that	that	PRON
taxlaw-2855	475	11	declared	declare	VERB
taxlaw-2855	475	12	all	all	DET
taxlaw-2855	475	13	instruments	instrument	NOUN
taxlaw-2855	475	14	with	with	ADP
taxlaw-2855	475	15	a	a	DET
taxlaw-2855	475	16	term	term	NOUN
taxlaw-2855	475	17	of	of	ADP
taxlaw-2855	475	18	less	less	ADJ
taxlaw-2855	475	19	than	than	ADP
taxlaw-2855	475	20	one	one	NUM
taxlaw-2855	475	21	year	year	NOUN
taxlaw-2855	475	22	,	,	PUNCT
taxlaw-2855	475	23	regardless	regardless	ADV
taxlaw-2855	475	24	of	of	ADP
taxlaw-2855	475	25	their	their	PRON
taxlaw-2855	475	26	relationship	relationship	NOUN
taxlaw-2855	475	27	to	to	ADP
taxlaw-2855	475	28	the	the	DET
taxlaw-2855	475	29	issuer	issuer	NOUN
taxlaw-2855	475	30	/	/	SYM
taxlaw-2855	475	31	holder	holder	NOUN
taxlaw-2855	475	32	,	,	PUNCT
taxlaw-2855	475	33	to	to	PART
taxlaw-2855	475	34	be	be	AUX
taxlaw-2855	475	35	equity	equity	NOUN
taxlaw-2855	475	36	.	.	PUNCT
taxlaw-2855	476	1	yes	yes	INTJ
taxlaw-2855	476	2	,	,	PUNCT
taxlaw-2855	476	3	the	the	DET
taxlaw-2855	476	4	term	term	NOUN
taxlaw-2855	476	5	of	of	ADP
taxlaw-2855	476	6	an	an	DET
taxlaw-2855	476	7	instrument	instrument	NOUN
taxlaw-2855	476	8	can	can	AUX
taxlaw-2855	476	9	be	be	AUX
taxlaw-2855	476	10	relevant	relevant	ADJ
taxlaw-2855	476	11	to	to	ADP
taxlaw-2855	476	12	the	the	DET
taxlaw-2855	476	13	debt	debt	NOUN
taxlaw-2855	476	14	/	/	SYM
taxlaw-2855	476	15	equity	equity	NOUN
taxlaw-2855	476	16	analysis	analysis	NOUN
taxlaw-2855	476	17	,	,	PUNCT
taxlaw-2855	476	18	but	but	CCONJ
taxlaw-2855	476	19	surely	surely	ADV
taxlaw-2855	476	20	a	a	DET
taxlaw-2855	476	21	shorter	short	ADJ
taxlaw-2855	476	22	-	-	PUNCT
taxlaw-2855	476	23	term	term	NOUN
taxlaw-2855	476	24	instrument	instrument	NOUN
taxlaw-2855	476	25	is	be	AUX
taxlaw-2855	476	26	more	more	ADJ
taxlaw-2855	476	27	debt	debt	NOUN
taxlaw-2855	476	28	-	-	PUNCT
taxlaw-2855	476	29	like	like	ADJ
taxlaw-2855	476	30	,	,	PUNCT
taxlaw-2855	476	31	not	not	PART
taxlaw-2855	476	32	more	more	ADJ
taxlaw-2855	476	33	equity	equity	NOUN
taxlaw-2855	476	34	-	-	PUNCT
taxlaw-2855	476	35	like	like	ADJ
taxlaw-2855	476	36	.	.	PUNCT
taxlaw-2855	477	1	would	would	AUX
taxlaw-2855	477	2	this	this	DET
taxlaw-2855	477	3	rule	rule	NOUN
taxlaw-2855	477	4	be	be	AUX
taxlaw-2855	477	5	authorized	authorize	VERB
taxlaw-2855	477	6	?	?	PUNCT
taxlaw-2855	478	1	the	the	DET
taxlaw-2855	478	2	answer	answer	NOUN
taxlaw-2855	478	3	must	must	AUX
taxlaw-2855	478	4	be	be	AUX
taxlaw-2855	478	5	no	no	PRON
taxlaw-2855	478	6	.	.	PUNCT
taxlaw-2855	479	1	in	in	ADP
taxlaw-2855	479	2	laypersons	layperson	NOUN
taxlaw-2855	479	3	’	'	PUNCT
taxlaw-2855	479	4	terms	term	NOUN
taxlaw-2855	479	5	;	;	PUNCT
taxlaw-2855	479	6	that	that	PRON
taxlaw-2855	479	7	would	would	AUX
taxlaw-2855	479	8	be	be	AUX
taxlaw-2855	479	9	a	a	DET
taxlaw-2855	479	10	crazy	crazy	ADJ
taxlaw-2855	479	11	rule	rule	NOUN
taxlaw-2855	479	12	.	.	PUNCT
taxlaw-2855	480	1	in	in	ADP
taxlaw-2855	480	2	the	the	DET
taxlaw-2855	480	3	language	language	NOUN
taxlaw-2855	480	4	of	of	ADP
taxlaw-2855	480	5	a	a	DET
taxlaw-2855	480	6	judicial	judicial	ADJ
taxlaw-2855	480	7	challenge	challenge	NOUN
taxlaw-2855	480	8	of	of	ADP
taxlaw-2855	480	9	administrative	administrative	ADJ
taxlaw-2855	480	10	action	action	NOUN
taxlaw-2855	480	11	;	;	PUNCT
taxlaw-2855	480	12	such	such	DET
taxlaw-2855	480	13	a	a	DET
taxlaw-2855	480	14	rule	rule	NOUN
taxlaw-2855	480	15	could	could	AUX
taxlaw-2855	480	16	never	never	ADV
taxlaw-2855	480	17	survive	survive	VERB
taxlaw-2855	480	18	state	state	NOUN
taxlaw-2855	480	19	farm.71	farm.71	NOUN
taxlaw-2855	480	20	common	common	ADJ
taxlaw-2855	480	21	sense	sense	NOUN
taxlaw-2855	480	22	tells	tell	VERB
taxlaw-2855	480	23	us	we	PRON
taxlaw-2855	480	24	that	that	SCONJ
taxlaw-2855	480	25	this	this	DET
taxlaw-2855	480	26	rule	rule	NOUN
taxlaw-2855	480	27	can	can	AUX
taxlaw-2855	480	28	not	not	PART
taxlaw-2855	480	29	be	be	AUX
taxlaw-2855	480	30	within	within	ADP
taxlaw-2855	480	31	the	the	DET
taxlaw-2855	480	32	irs	irs	PROPN
taxlaw-2855	480	33	’s	’s	PART
taxlaw-2855	480	34	scope	scope	NOUN
taxlaw-2855	480	35	of	of	ADP
taxlaw-2855	480	36	authority	authority	NOUN
taxlaw-2855	480	37	,	,	PUNCT
taxlaw-2855	480	38	and	and	CCONJ
taxlaw-2855	480	39	apa	apa	PROPN
taxlaw-2855	480	40	jurisprudence	jurisprudence	NOUN
taxlaw-2855	480	41	tells	tell	VERB
taxlaw-2855	480	42	us	we	PRON
taxlaw-2855	480	43	the	the	DET
taxlaw-2855	480	44	same.72	same.72	NOUN
taxlaw-2855	480	45	what	what	PRON
taxlaw-2855	480	46	is	be	AUX
taxlaw-2855	480	47	the	the	DET
taxlaw-2855	480	48	thing	thing	NOUN
taxlaw-2855	480	49	that	that	PRON
taxlaw-2855	480	50	makes	make	VERB
taxlaw-2855	480	51	such	such	DET
taxlaw-2855	480	52	a	a	DET
taxlaw-2855	480	53	rule	rule	NOUN
taxlaw-2855	480	54	unauthorized	unauthorized	ADJ
taxlaw-2855	480	55	?	?	PUNCT
taxlaw-2855	481	1	the	the	DET
taxlaw-2855	481	2	answer	answer	NOUN
taxlaw-2855	481	3	is	be	AUX
taxlaw-2855	481	4	that	that	SCONJ
taxlaw-2855	481	5	the	the	DET
taxlaw-2855	481	6	rule	rule	NOUN
taxlaw-2855	481	7	bears	bear	VERB
taxlaw-2855	481	8	not	not	PART
taxlaw-2855	481	9	just	just	ADV
taxlaw-2855	481	10	zero	zero	NUM
taxlaw-2855	481	11	relation	relation	NOUN
taxlaw-2855	481	12	,	,	PUNCT
taxlaw-2855	481	13	but	but	CCONJ
taxlaw-2855	481	14	an	an	DET
taxlaw-2855	481	15	inverse	inverse	NOUN
taxlaw-2855	481	16	relation	relation	NOUN
taxlaw-2855	481	17	,	,	PUNCT
taxlaw-2855	481	18	to	to	ADP
taxlaw-2855	481	19	the	the	DET
taxlaw-2855	481	20	substance	substance	NOUN
taxlaw-2855	481	21	of	of	ADP
taxlaw-2855	481	22	the	the	DET
taxlaw-2855	481	23	instrument	instrument	NOUN
taxlaw-2855	481	24	as	as	ADP
taxlaw-2855	481	25	debt	debt	NOUN
taxlaw-2855	481	26	or	or	CCONJ
taxlaw-2855	481	27	equity	equity	NOUN
taxlaw-2855	481	28	.	.	PUNCT
taxlaw-2855	482	1	that	that	PRON
taxlaw-2855	482	2	’s	’	VERB
taxlaw-2855	482	3	what	what	PRON
taxlaw-2855	482	4	makes	make	VERB
taxlaw-2855	482	5	it	it	PRON
taxlaw-2855	482	6	a	a	DET
taxlaw-2855	482	7	crazy	crazy	ADJ
taxlaw-2855	482	8	rule	rule	NOUN
taxlaw-2855	482	9	;	;	PUNCT
taxlaw-2855	482	10	that	that	PRON
taxlaw-2855	482	11	’s	’	VERB
taxlaw-2855	482	12	what	what	PRON
taxlaw-2855	482	13	would	would	AUX
taxlaw-2855	482	14	make	make	VERB
taxlaw-2855	482	15	its	its	PRON
taxlaw-2855	482	16	issuance	issuance	NOUN
taxlaw-2855	482	17	“	"	PUNCT
taxlaw-2855	482	18	arbitrary	arbitrary	ADJ
taxlaw-2855	482	19	and	and	CCONJ
taxlaw-2855	482	20	capricious”73	capricious”73	PROPN
taxlaw-2855	482	21	.	.	PROPN
taxlaw-2855	483	1	as	as	SCONJ
taxlaw-2855	483	2	the	the	DET
taxlaw-2855	483	3	supreme	supreme	PROPN
taxlaw-2855	483	4	court	court	PROPN
taxlaw-2855	483	5	recently	recently	ADV
taxlaw-2855	483	6	noted	note	VERB
taxlaw-2855	483	7	,	,	PUNCT
taxlaw-2855	483	8	“	"	PUNCT
taxlaw-2855	483	9	even	even	ADV
taxlaw-2855	483	10	under	under	ADP
taxlaw-2855	483	11	chevron	chevron	NOUN
taxlaw-2855	483	12	’s	’s	PART
taxlaw-2855	483	13	deferential	deferential	ADJ
taxlaw-2855	483	14	framework	framework	NOUN
taxlaw-2855	483	15	,	,	PUNCT
taxlaw-2855	483	16	agencies	agency	NOUN
taxlaw-2855	483	17	must	must	AUX
taxlaw-2855	483	18	operate	operate	VERB
taxlaw-2855	483	19	‘	'	PUNCT
taxlaw-2855	483	20	within	within	ADP
taxlaw-2855	483	21	the	the	DET
taxlaw-2855	483	22	bounds	bound	NOUN
taxlaw-2855	483	23	of	of	ADP
taxlaw-2855	483	24	reasonable	reasonable	ADJ
taxlaw-2855	483	25	interpretation	interpretation	NOUN
taxlaw-2855	483	26	.	.	PUNCT
taxlaw-2855	483	27	’”74	’”74	VERB
taxlaw-2855	483	28	such	such	ADJ
taxlaw-2855	483	29	reasonable	reasonable	ADJ
taxlaw-2855	483	30	interpretation	interpretation	NOUN
taxlaw-2855	483	31	“	"	PUNCT
taxlaw-2855	483	32	must	must	AUX
taxlaw-2855	483	33	account	account	VERB
taxlaw-2855	483	34	for	for	ADP
taxlaw-2855	483	35	both	both	DET
taxlaw-2855	483	36	‘	'	PUNCT
taxlaw-2855	483	37	the	the	DET
taxlaw-2855	483	38	68	68	NUM
taxlaw-2855	483	39	“	"	PUNCT
taxlaw-2855	483	40	the	the	DET
taxlaw-2855	483	41	treasury	treasury	PROPN
taxlaw-2855	483	42	department	department	PROPN
taxlaw-2855	483	43	and	and	CCONJ
taxlaw-2855	483	44	the	the	DET
taxlaw-2855	483	45	irs	irs	PROPN
taxlaw-2855	483	46	have	have	AUX
taxlaw-2855	483	47	determined	determine	VERB
taxlaw-2855	483	48	that	that	SCONJ
taxlaw-2855	483	49	the	the	DET
taxlaw-2855	483	50	issuance	issuance	NOUN
taxlaw-2855	483	51	of	of	ADP
taxlaw-2855	483	52	a	a	DET
taxlaw-2855	483	53	related	relate	VERB
taxlaw-2855	483	54	-	-	PUNCT
taxlaw-2855	483	55	party	party	NOUN
taxlaw-2855	483	56	debt	debt	NOUN
taxlaw-2855	483	57	instrument	instrument	NOUN
taxlaw-2855	483	58	to	to	PART
taxlaw-2855	483	59	acquire	acquire	VERB
taxlaw-2855	483	60	stock	stock	NOUN
taxlaw-2855	483	61	of	of	ADP
taxlaw-2855	483	62	a	a	DET
taxlaw-2855	483	63	related	related	ADJ
taxlaw-2855	483	64	person	person	NOUN
taxlaw-2855	483	65	is	be	AUX
taxlaw-2855	483	66	similar	similar	ADJ
taxlaw-2855	483	67	in	in	ADP
taxlaw-2855	483	68	many	many	ADJ
taxlaw-2855	483	69	respects	respect	NOUN
taxlaw-2855	483	70	to	to	ADP
taxlaw-2855	483	71	a	a	DET
taxlaw-2855	483	72	distribution	distribution	NOUN
taxlaw-2855	483	73	of	of	ADP
taxlaw-2855	483	74	a	a	DET
taxlaw-2855	483	75	debt	debt	NOUN
taxlaw-2855	483	76	instrument	instrument	NOUN
taxlaw-2855	483	77	and	and	CCONJ
taxlaw-2855	483	78	implicates	implicate	VERB
taxlaw-2855	483	79	similar	similar	ADJ
taxlaw-2855	483	80	policy	policy	NOUN
taxlaw-2855	483	81	considerations	consideration	NOUN
taxlaw-2855	483	82	.	.	PUNCT
taxlaw-2855	483	83	”	"	PUNCT
taxlaw-2855	483	84	reg-108060	reg-108060	NOUN
taxlaw-2855	483	85	-	-	PUNCT
taxlaw-2855	483	86	15	15	NUM
taxlaw-2855	483	87	,	,	PUNCT
taxlaw-2855	483	88	2016	2016	NUM
taxlaw-2855	483	89	-	-	SYM
taxlaw-2855	483	90	17	17	NUM
taxlaw-2855	483	91	i.r.b	i.r.b	NOUN
taxlaw-2855	483	92	.	.	PUNCT
taxlaw-2855	484	1	636	636	NUM
taxlaw-2855	484	2	,	,	PUNCT
taxlaw-2855	484	3	643	643	NUM
taxlaw-2855	484	4	,	,	PUNCT
taxlaw-2855	484	5	81	81	NUM
taxlaw-2855	484	6	fr	fr	PROPN
taxlaw-2855	484	7	20917	20917	NUM
taxlaw-2855	484	8	(	(	PUNCT
taxlaw-2855	484	9	apr	apr	PROPN
taxlaw-2855	484	10	.	.	PROPN
taxlaw-2855	484	11	8	8	NUM
taxlaw-2855	484	12	,	,	PUNCT
taxlaw-2855	484	13	2016	2016	NUM
taxlaw-2855	484	14	)	)	PUNCT
taxlaw-2855	484	15	.	.	PUNCT
taxlaw-2855	485	1	“	"	PUNCT
taxlaw-2855	485	2	in	in	ADP
taxlaw-2855	485	3	light	light	NOUN
taxlaw-2855	485	4	of	of	ADP
taxlaw-2855	485	5	these	these	DET
taxlaw-2855	485	6	policy	policy	NOUN
taxlaw-2855	485	7	concerns	concern	NOUN
taxlaw-2855	485	8	,	,	PUNCT
taxlaw-2855	485	9	the	the	DET
taxlaw-2855	485	10	proposed	propose	VERB
taxlaw-2855	485	11	regulations	regulation	NOUN
taxlaw-2855	485	12	treat	treat	VERB
taxlaw-2855	485	13	a	a	DET
taxlaw-2855	485	14	debt	debt	NOUN
taxlaw-2855	485	15	instrument	instrument	NOUN
taxlaw-2855	485	16	issued	issue	VERB
taxlaw-2855	485	17	in	in	ADP
taxlaw-2855	485	18	fact	fact	NOUN
taxlaw-2855	485	19	patterns	pattern	NOUN
taxlaw-2855	485	20	similar	similar	ADJ
taxlaw-2855	485	21	to	to	ADP
taxlaw-2855	485	22	that	that	PRON
taxlaw-2855	485	23	in	in	ADP
taxlaw-2855	485	24	kraft	kraft	NOUN
taxlaw-2855	485	25	as	as	ADP
taxlaw-2855	485	26	stock	stock	NOUN
taxlaw-2855	485	27	.	.	PUNCT
taxlaw-2855	485	28	”	"	PUNCT
taxlaw-2855	485	29	reg-108060	reg-108060	NOUN
taxlaw-2855	485	30	-	-	PUNCT
taxlaw-2855	485	31	15	15	NUM
taxlaw-2855	485	32	,	,	PUNCT
taxlaw-2855	485	33	2016	2016	NUM
taxlaw-2855	485	34	-	-	SYM
taxlaw-2855	485	35	17	17	NUM
taxlaw-2855	485	36	i.r.b	i.r.b	NOUN
taxlaw-2855	485	37	.	.	PUNCT
taxlaw-2855	486	1	636	636	NUM
taxlaw-2855	486	2	,	,	PUNCT
taxlaw-2855	486	3	642	642	NUM
taxlaw-2855	486	4	,	,	PUNCT
taxlaw-2855	486	5	81	81	NUM
taxlaw-2855	486	6	fr	fr	NOUN
taxlaw-2855	486	7	20916	20916	NUM
taxlaw-2855	486	8	(	(	PUNCT
taxlaw-2855	486	9	apr	apr	PROPN
taxlaw-2855	486	10	.	.	PROPN
taxlaw-2855	486	11	8	8	NUM
taxlaw-2855	486	12	,	,	PUNCT
taxlaw-2855	486	13	2016	2016	NUM
taxlaw-2855	486	14	)	)	PUNCT
taxlaw-2855	486	15	.	.	PUNCT
taxlaw-2855	487	1	69	69	NUM
taxlaw-2855	487	2	26	26	NUM
taxlaw-2855	487	3	cfr	cfr	NOUN
taxlaw-2855	487	4	§	§	PROPN
taxlaw-2855	487	5	1.385	1.385	NUM
taxlaw-2855	487	6	-	-	SYM
taxlaw-2855	487	7	3(g)(4	3(g)(4	NUM
taxlaw-2855	487	8	)	)	PUNCT
taxlaw-2855	487	9	;	;	PUNCT
taxlaw-2855	487	10	reg-108060	reg-108060	NOUN
taxlaw-2855	487	11	-	-	PUNCT
taxlaw-2855	487	12	15	15	NUM
taxlaw-2855	487	13	,	,	PUNCT
taxlaw-2855	487	14	2016	2016	NUM
taxlaw-2855	487	15	-	-	SYM
taxlaw-2855	487	16	17	17	NUM
taxlaw-2855	487	17	i.r.b	i.r.b	NOUN
taxlaw-2855	487	18	.	.	PUNCT
taxlaw-2855	487	19	636	636	NUM
taxlaw-2855	487	20	,	,	PUNCT
taxlaw-2855	487	21	648	648	NUM
taxlaw-2855	487	22	,	,	PUNCT
taxlaw-2855	487	23	81	81	NUM
taxlaw-2855	487	24	fr	fr	NOUN
taxlaw-2855	487	25	20922	20922	NUM
taxlaw-2855	487	26	(	(	PUNCT
taxlaw-2855	487	27	apr	apr	PROPN
taxlaw-2855	487	28	.	.	PROPN
taxlaw-2855	487	29	8	8	NUM
taxlaw-2855	487	30	,	,	PUNCT
taxlaw-2855	487	31	2016	2016	NUM
taxlaw-2855	487	32	)	)	PUNCT
taxlaw-2855	487	33	.	.	PUNCT
taxlaw-2855	488	1	(	(	PUNCT
taxlaw-2855	488	2	“	"	PUNCT
taxlaw-2855	488	3	thus	thus	ADV
taxlaw-2855	488	4	,	,	PUNCT
taxlaw-2855	488	5	the	the	DET
taxlaw-2855	488	6	term	term	NOUN
taxlaw-2855	488	7	debt	debt	NOUN
taxlaw-2855	488	8	instrument	instrument	NOUN
taxlaw-2855	488	9	for	for	ADP
taxlaw-2855	488	10	purposes	purpose	NOUN
taxlaw-2855	488	11	of	of	ADP
taxlaw-2855	488	12	proposed	propose	VERB
taxlaw-2855	488	13	§	§	PROPN
taxlaw-2855	488	14	§	§	PROPN
taxlaw-2855	488	15	1.385	1.385	NUM
taxlaw-2855	488	16	-	-	SYM
taxlaw-2855	488	17	3	3	NUM
taxlaw-2855	488	18	and	and	CCONJ
taxlaw-2855	488	19	1.385	1.385	NUM
taxlaw-2855	488	20	-	-	SYM
taxlaw-2855	488	21	4	4	NUM
taxlaw-2855	488	22	means	mean	VERB
taxlaw-2855	488	23	an	an	DET
taxlaw-2855	488	24	instrument	instrument	NOUN
taxlaw-2855	488	25	that	that	PRON
taxlaw-2855	488	26	satisfies	satisfy	VERB
taxlaw-2855	488	27	the	the	DET
taxlaw-2855	488	28	requirements	requirement	NOUN
taxlaw-2855	488	29	of	of	ADP
taxlaw-2855	488	30	proposed	propose	VERB
taxlaw-2855	488	31	§	§	PROPN
taxlaw-2855	488	32	§	§	PROPN
taxlaw-2855	488	33	1.385	1.385	NUM
taxlaw-2855	488	34	-	-	SYM
taxlaw-2855	488	35	1	1	NUM
taxlaw-2855	488	36	and	and	CCONJ
taxlaw-2855	488	37	1.385	1.385	NUM
taxlaw-2855	488	38	-	-	SYM
taxlaw-2855	488	39	2	2	NUM
taxlaw-2855	488	40	and	and	CCONJ
taxlaw-2855	488	41	that	that	PRON
taxlaw-2855	488	42	is	be	AUX
taxlaw-2855	488	43	indebtedness	indebtedness	NOUN
taxlaw-2855	488	44	under	under	ADP
taxlaw-2855	488	45	general	general	ADJ
taxlaw-2855	488	46	principles	principle	NOUN
taxlaw-2855	488	47	of	of	ADP
taxlaw-2855	488	48	federal	federal	ADJ
taxlaw-2855	488	49	income	income	NOUN
taxlaw-2855	488	50	tax	tax	NOUN
taxlaw-2855	488	51	law	law	NOUN
taxlaw-2855	488	52	.	.	PUNCT
taxlaw-2855	488	53	”	"	PUNCT
taxlaw-2855	488	54	)	)	PUNCT
taxlaw-2855	488	55	.	.	PUNCT
taxlaw-2855	489	1	70	70	NUM
taxlaw-2855	489	2	lee	lee	PROPN
taxlaw-2855	489	3	a.	a.	PROPN
taxlaw-2855	489	4	sheppard	sheppard	PROPN
taxlaw-2855	489	5	,	,	PUNCT
taxlaw-2855	489	6	news	news	NOUN
taxlaw-2855	489	7	analysis	analysis	NOUN
taxlaw-2855	489	8	:	:	PUNCT
taxlaw-2855	489	9	tailoring	tailor	VERB
taxlaw-2855	489	10	the	the	DET
taxlaw-2855	489	11	proposed	propose	VERB
taxlaw-2855	489	12	debt	debt	NOUN
taxlaw-2855	489	13	-	-	PUNCT
taxlaw-2855	489	14	equity	equity	NOUN
taxlaw-2855	489	15	regulations	regulation	NOUN
taxlaw-2855	489	16	,	,	PUNCT
taxlaw-2855	489	17	152	152	NUM
taxlaw-2855	489	18	tax	tax	NOUN
taxlaw-2855	489	19	notes	note	NOUN
taxlaw-2855	489	20	311	311	NUM
taxlaw-2855	489	21	(	(	PUNCT
taxlaw-2855	489	22	2016	2016	NUM
taxlaw-2855	489	23	)	)	PUNCT
taxlaw-2855	489	24	.	.	PUNCT
taxlaw-2855	490	1	71	71	NUM
taxlaw-2855	490	2	see	see	VERB
taxlaw-2855	490	3	state	state	NOUN
taxlaw-2855	490	4	farm	farm	NOUN
taxlaw-2855	490	5	,	,	PUNCT
taxlaw-2855	490	6	463	463	NUM
taxlaw-2855	490	7	u.s	u.s	PROPN
taxlaw-2855	490	8	.	.	PROPN
taxlaw-2855	490	9	at	at	ADP
taxlaw-2855	490	10	43	43	NUM
taxlaw-2855	490	11	(	(	PUNCT
taxlaw-2855	490	12	“	"	PUNCT
taxlaw-2855	490	13	normally	normally	ADV
taxlaw-2855	490	14	,	,	PUNCT
taxlaw-2855	490	15	an	an	DET
taxlaw-2855	490	16	agency	agency	NOUN
taxlaw-2855	490	17	rule	rule	NOUN
taxlaw-2855	490	18	would	would	AUX
taxlaw-2855	490	19	be	be	AUX
taxlaw-2855	490	20	arbitrary	arbitrary	ADJ
taxlaw-2855	490	21	and	and	CCONJ
taxlaw-2855	490	22	capricious	capricious	ADJ
taxlaw-2855	490	23	if	if	SCONJ
taxlaw-2855	490	24	the	the	DET
taxlaw-2855	490	25	agency	agency	NOUN
taxlaw-2855	490	26	has	have	AUX
taxlaw-2855	490	27	relied	rely	VERB
taxlaw-2855	490	28	on	on	ADP
taxlaw-2855	490	29	factors	factor	NOUN
taxlaw-2855	490	30	which	which	PRON
taxlaw-2855	490	31	congress	congress	PROPN
taxlaw-2855	490	32	has	have	AUX
taxlaw-2855	490	33	not	not	PART
taxlaw-2855	490	34	intended	intend	VERB
taxlaw-2855	490	35	it	it	PRON
taxlaw-2855	490	36	to	to	PART
taxlaw-2855	490	37	consider	consider	VERB
taxlaw-2855	490	38	,	,	PUNCT
taxlaw-2855	490	39	entirely	entirely	ADV
taxlaw-2855	490	40	failed	fail	VERB
taxlaw-2855	490	41	to	to	PART
taxlaw-2855	490	42	consider	consider	VERB
taxlaw-2855	490	43	an	an	DET
taxlaw-2855	490	44	important	important	ADJ
taxlaw-2855	490	45	aspect	aspect	NOUN
taxlaw-2855	490	46	of	of	ADP
taxlaw-2855	490	47	the	the	DET
taxlaw-2855	490	48	problem	problem	NOUN
taxlaw-2855	490	49	,	,	PUNCT
taxlaw-2855	490	50	offered	offer	VERB
taxlaw-2855	490	51	an	an	DET
taxlaw-2855	490	52	explanation	explanation	NOUN
taxlaw-2855	490	53	for	for	ADP
taxlaw-2855	490	54	its	its	PRON
taxlaw-2855	490	55	decision	decision	NOUN
taxlaw-2855	490	56	that	that	PRON
taxlaw-2855	490	57	runs	run	VERB
taxlaw-2855	490	58	counter	counter	ADV
taxlaw-2855	490	59	to	to	ADP
taxlaw-2855	490	60	the	the	DET
taxlaw-2855	490	61	evidence	evidence	NOUN
taxlaw-2855	490	62	before	before	ADP
taxlaw-2855	490	63	the	the	DET
taxlaw-2855	490	64	agency	agency	NOUN
taxlaw-2855	490	65	,	,	PUNCT
taxlaw-2855	490	66	or	or	CCONJ
taxlaw-2855	490	67	is	be	AUX
taxlaw-2855	490	68	so	so	ADV
taxlaw-2855	490	69	implausible	implausible	ADJ
taxlaw-2855	490	70	that	that	SCONJ
taxlaw-2855	490	71	it	it	PRON
taxlaw-2855	490	72	could	could	AUX
taxlaw-2855	490	73	not	not	PART
taxlaw-2855	490	74	be	be	AUX
taxlaw-2855	490	75	ascribed	ascribe	VERB
taxlaw-2855	490	76	to	to	ADP
taxlaw-2855	490	77	a	a	DET
taxlaw-2855	490	78	difference	difference	NOUN
taxlaw-2855	490	79	in	in	ADP
taxlaw-2855	490	80	view	view	NOUN
taxlaw-2855	490	81	or	or	CCONJ
taxlaw-2855	490	82	the	the	DET
taxlaw-2855	490	83	product	product	NOUN
taxlaw-2855	490	84	of	of	ADP
taxlaw-2855	490	85	agency	agency	NOUN
taxlaw-2855	490	86	expertise	expertise	NOUN
taxlaw-2855	490	87	.	.	PUNCT
taxlaw-2855	490	88	”	"	PUNCT
taxlaw-2855	490	89	)	)	PUNCT
taxlaw-2855	490	90	.	.	PUNCT
taxlaw-2855	491	1	we	we	PRON
taxlaw-2855	491	2	think	think	VERB
taxlaw-2855	491	3	it	it	PRON
taxlaw-2855	491	4	is	be	AUX
taxlaw-2855	491	5	fair	fair	ADJ
taxlaw-2855	491	6	to	to	PART
taxlaw-2855	491	7	say	say	VERB
taxlaw-2855	491	8	that	that	SCONJ
taxlaw-2855	491	9	,	,	PUNCT
taxlaw-2855	491	10	all	all	DET
taxlaw-2855	491	11	other	other	ADJ
taxlaw-2855	491	12	things	thing	NOUN
taxlaw-2855	491	13	being	be	AUX
taxlaw-2855	491	14	equal	equal	ADJ
taxlaw-2855	491	15	,	,	PUNCT
taxlaw-2855	491	16	the	the	PRON
taxlaw-2855	491	17	crazier	crazy	ADJ
taxlaw-2855	491	18	a	a	DET
taxlaw-2855	491	19	rule	rule	NOUN
taxlaw-2855	491	20	,	,	PUNCT
taxlaw-2855	491	21	the	the	PRON
taxlaw-2855	491	22	less	less	ADV
taxlaw-2855	491	23	likely	likely	ADJ
taxlaw-2855	491	24	it	it	PRON
taxlaw-2855	491	25	is	be	AUX
taxlaw-2855	491	26	to	to	PART
taxlaw-2855	491	27	withstand	withstand	VERB
taxlaw-2855	491	28	such	such	ADJ
taxlaw-2855	491	29	review	review	NOUN
taxlaw-2855	491	30	.	.	PUNCT
taxlaw-2855	492	1	72	72	NUM
taxlaw-2855	492	2	going	go	VERB
taxlaw-2855	492	3	one	one	NUM
taxlaw-2855	492	4	step	step	NOUN
taxlaw-2855	492	5	further	far	ADV
taxlaw-2855	492	6	,	,	PUNCT
taxlaw-2855	492	7	a	a	DET
taxlaw-2855	492	8	regulation	regulation	NOUN
taxlaw-2855	492	9	that	that	PRON
taxlaw-2855	492	10	completely	completely	ADV
taxlaw-2855	492	11	reversed	reverse	VERB
taxlaw-2855	492	12	all	all	DET
taxlaw-2855	492	13	existing	exist	VERB
taxlaw-2855	492	14	case	case	NOUN
taxlaw-2855	492	15	law	law	NOUN
taxlaw-2855	492	16	(	(	PUNCT
taxlaw-2855	492	17	e.g.	e.g.	ADV
taxlaw-2855	492	18	,	,	PUNCT
taxlaw-2855	492	19	by	by	ADP
taxlaw-2855	492	20	determining	determine	VERB
taxlaw-2855	492	21	that	that	SCONJ
taxlaw-2855	492	22	all	all	DET
taxlaw-2855	492	23	factors	factor	NOUN
taxlaw-2855	492	24	previously	previously	ADV
taxlaw-2855	492	25	considered	consider	VERB
taxlaw-2855	492	26	to	to	PART
taxlaw-2855	492	27	be	be	AUX
taxlaw-2855	492	28	indicative	indicative	ADJ
taxlaw-2855	492	29	of	of	ADP
taxlaw-2855	492	30	debt	debt	NOUN
taxlaw-2855	492	31	are	be	AUX
taxlaw-2855	492	32	in	in	ADP
taxlaw-2855	492	33	fact	fact	NOUN
taxlaw-2855	492	34	indicative	indicative	ADJ
taxlaw-2855	492	35	of	of	ADP
taxlaw-2855	492	36	equity	equity	NOUN
taxlaw-2855	492	37	)	)	PUNCT
taxlaw-2855	492	38	would	would	AUX
taxlaw-2855	492	39	likewise	likewise	ADV
taxlaw-2855	492	40	not	not	PART
taxlaw-2855	492	41	stand	stand	VERB
taxlaw-2855	492	42	.	.	PUNCT
taxlaw-2855	493	1	73	73	NUM
taxlaw-2855	493	2	state	state	NOUN
taxlaw-2855	493	3	farm	farm	NOUN
taxlaw-2855	493	4	,	,	PUNCT
taxlaw-2855	493	5	463	463	NUM
taxlaw-2855	493	6	u.s	u.s	PROPN
taxlaw-2855	493	7	.	.	PROPN
taxlaw-2855	493	8	at	at	ADP
taxlaw-2855	493	9	43	43	NUM
taxlaw-2855	493	10	74	74	NUM
taxlaw-2855	493	11	utility	utility	NOUN
taxlaw-2855	493	12	air	air	NOUN
taxlaw-2855	493	13	regulatory	regulatory	ADJ
taxlaw-2855	493	14	group	group	NOUN
taxlaw-2855	493	15	v.	v.	ADP
taxlaw-2855	493	16	e.p.a	e.p.a	PROPN
taxlaw-2855	493	17	.	.	PROPN
taxlaw-2855	493	18	,	,	PUNCT
taxlaw-2855	493	19	134	134	NUM
taxlaw-2855	493	20	s.	s.	PROPN
taxlaw-2855	493	21	ct	ct	PROPN
taxlaw-2855	493	22	.	.	PROPN
taxlaw-2855	493	23	2427	2427	NUM
taxlaw-2855	493	24	,	,	PUNCT
taxlaw-2855	493	25	2442	2442	NUM
taxlaw-2855	493	26	(	(	PUNCT
taxlaw-2855	493	27	2014	2014	NUM
taxlaw-2855	493	28	)	)	PUNCT
taxlaw-2855	493	29	(	(	PUNCT
taxlaw-2855	493	30	quoting	quote	VERB
taxlaw-2855	493	31	city	city	NOUN
taxlaw-2855	493	32	of	of	ADP
taxlaw-2855	493	33	arlington	arlington	PROPN
taxlaw-2855	493	34	v.	v.	PROPN
taxlaw-2855	493	35	f.c.c	f.c.c	PROPN
taxlaw-2855	493	36	.	.	PUNCT
taxlaw-2855	493	37	,	,	PUNCT
taxlaw-2855	493	38	133	133	NUM
taxlaw-2855	493	39	s.	s.	PROPN
taxlaw-2855	493	40	ct	ct	PROPN
taxlaw-2855	493	41	.	.	PROPN
taxlaw-2855	493	42	1863	1863	NUM
taxlaw-2855	493	43	,	,	PUNCT
taxlaw-2855	493	44	1868	1868	NUM
taxlaw-2855	493	45	(	(	PUNCT
taxlaw-2855	493	46	2013	2013	NUM
taxlaw-2855	493	47	)	)	PUNCT
taxlaw-2855	493	48	)	)	PUNCT
taxlaw-2855	493	49	.	.	PUNCT
taxlaw-2855	494	1	2017	2017	NUM
taxlaw-2855	494	2	]	]	PUNCT
taxlaw-2855	494	3	a	a	DET
taxlaw-2855	494	4	framework	framework	NOUN
taxlaw-2855	494	5	for	for	ADP
taxlaw-2855	494	6	testing	test	VERB
taxlaw-2855	494	7	regulatory	regulatory	ADJ
taxlaw-2855	494	8	authority	authority	NOUN
taxlaw-2855	494	9	349	349	NUM
taxlaw-2855	494	10	specific	specific	ADJ
taxlaw-2855	494	11	context	context	NOUN
taxlaw-2855	494	12	in	in	ADP
taxlaw-2855	494	13	which	which	PRON
taxlaw-2855	494	14	.	.	PUNCT
taxlaw-2855	494	15	.	.	PUNCT
taxlaw-2855	494	16	.	.	PUNCT
taxlaw-2855	495	1	language	language	NOUN
taxlaw-2855	495	2	is	be	AUX
taxlaw-2855	495	3	used	use	VERB
taxlaw-2855	495	4	’	'	PUNCT
taxlaw-2855	495	5	and	and	CCONJ
taxlaw-2855	495	6	‘	'	PUNCT
taxlaw-2855	495	7	the	the	DET
taxlaw-2855	495	8	broader	broad	ADJ
taxlaw-2855	495	9	context	context	NOUN
taxlaw-2855	495	10	of	of	ADP
taxlaw-2855	495	11	the	the	DET
taxlaw-2855	495	12	statute	statute	NOUN
taxlaw-2855	495	13	as	as	ADP
taxlaw-2855	495	14	a	a	DET
taxlaw-2855	495	15	whole	whole	NOUN
taxlaw-2855	495	16	.	.	PUNCT
taxlaw-2855	496	1	’”75	’”75	PUNCT
taxlaw-2855	496	2	]	]	X
taxlaw-2855	497	1	the	the	DET
taxlaw-2855	497	2	example	example	NOUN
taxlaw-2855	497	3	above	above	ADV
taxlaw-2855	497	4	,	,	PUNCT
taxlaw-2855	497	5	however	however	ADV
taxlaw-2855	497	6	absurd	absurd	ADJ
taxlaw-2855	497	7	,	,	PUNCT
taxlaw-2855	497	8	proves	prove	VERB
taxlaw-2855	497	9	that	that	SCONJ
taxlaw-2855	497	10	we	we	PRON
taxlaw-2855	497	11	have	have	VERB
taxlaw-2855	497	12	to	to	PART
taxlaw-2855	497	13	look	look	VERB
taxlaw-2855	497	14	at	at	ADP
taxlaw-2855	497	15	the	the	DET
taxlaw-2855	497	16	per	per	X
taxlaw-2855	497	17	se	se	X
taxlaw-2855	497	18	rule	rule	NOUN
taxlaw-2855	497	19	and	and	CCONJ
taxlaw-2855	497	20	the	the	DET
taxlaw-2855	497	21	relationship	relationship	NOUN
taxlaw-2855	497	22	of	of	ADP
taxlaw-2855	497	23	the	the	DET
taxlaw-2855	497	24	rule	rule	NOUN
taxlaw-2855	497	25	to	to	ADP
taxlaw-2855	497	26	the	the	DET
taxlaw-2855	497	27	substantive	substantive	ADJ
taxlaw-2855	497	28	question	question	NOUN
taxlaw-2855	497	29	of	of	ADP
taxlaw-2855	497	30	debt	debt	NOUN
taxlaw-2855	497	31	vs.	vs.	ADP
taxlaw-2855	497	32	equity	equity	NOUN
taxlaw-2855	497	33	to	to	PART
taxlaw-2855	497	34	see	see	VERB
taxlaw-2855	497	35	whether	whether	SCONJ
taxlaw-2855	497	36	the	the	DET
taxlaw-2855	497	37	rule	rule	NOUN
taxlaw-2855	497	38	is	be	AUX
taxlaw-2855	497	39	authorized	authorize	VERB
taxlaw-2855	497	40	.	.	PUNCT
taxlaw-2855	498	1	the	the	DET
taxlaw-2855	498	2	broad	broad	ADJ
taxlaw-2855	498	3	authority	authority	NOUN
taxlaw-2855	498	4	granted	grant	VERB
taxlaw-2855	498	5	to	to	ADP
taxlaw-2855	498	6	the	the	DET
taxlaw-2855	498	7	irs	irs	PROPN
taxlaw-2855	498	8	in	in	ADP
taxlaw-2855	498	9	section	section	NOUN
taxlaw-2855	498	10	385	385	NUM
taxlaw-2855	498	11	–	–	PUNCT
taxlaw-2855	498	12	and	and	CCONJ
taxlaw-2855	498	13	it	it	PRON
taxlaw-2855	498	14	is	be	AUX
taxlaw-2855	498	15	broad	broad	ADJ
taxlaw-2855	498	16	–	–	PUNCT
taxlaw-2855	498	17	has	have	VERB
taxlaw-2855	498	18	limits	limit	NOUN
taxlaw-2855	498	19	.	.	PUNCT
taxlaw-2855	499	1	and	and	CCONJ
taxlaw-2855	499	2	,	,	PUNCT
taxlaw-2855	499	3	more	more	ADV
taxlaw-2855	499	4	importantly	importantly	ADV
taxlaw-2855	499	5	for	for	ADP
taxlaw-2855	499	6	the	the	DET
taxlaw-2855	499	7	analysis	analysis	NOUN
taxlaw-2855	499	8	of	of	ADP
taxlaw-2855	499	9	the	the	DET
taxlaw-2855	499	10	per	per	X
taxlaw-2855	499	11	se	se	X
taxlaw-2855	499	12	rule	rule	NOUN
taxlaw-2855	499	13	,	,	PUNCT
taxlaw-2855	499	14	the	the	DET
taxlaw-2855	499	15	actual	actual	ADJ
taxlaw-2855	499	16	substance	substance	NOUN
taxlaw-2855	499	17	of	of	ADP
taxlaw-2855	499	18	an	an	DET
taxlaw-2855	499	19	instrument	instrument	NOUN
taxlaw-2855	499	20	as	as	ADP
taxlaw-2855	499	21	debt	debt	NOUN
taxlaw-2855	499	22	or	or	CCONJ
taxlaw-2855	499	23	equity	equity	NOUN
taxlaw-2855	499	24	,	,	PUNCT
taxlaw-2855	499	25	and	and	CCONJ
taxlaw-2855	499	26	the	the	DET
taxlaw-2855	499	27	relation	relation	NOUN
taxlaw-2855	499	28	any	any	DET
taxlaw-2855	499	29	proposed	propose	VERB
taxlaw-2855	499	30	rule	rule	NOUN
taxlaw-2855	499	31	has	have	VERB
taxlaw-2855	499	32	to	to	ADP
taxlaw-2855	499	33	that	that	DET
taxlaw-2855	499	34	substance	substance	NOUN
taxlaw-2855	499	35	,	,	PUNCT
taxlaw-2855	499	36	is	be	AUX
taxlaw-2855	499	37	one	one	NUM
taxlaw-2855	499	38	of	of	ADP
taxlaw-2855	499	39	those	those	DET
taxlaw-2855	499	40	limits	limit	NOUN
taxlaw-2855	499	41	.	.	PUNCT
taxlaw-2855	500	1	the	the	DET
taxlaw-2855	500	2	preamble	preamble	NOUN
taxlaw-2855	500	3	describes	describe	VERB
taxlaw-2855	500	4	or	or	CCONJ
taxlaw-2855	500	5	cites	cite	VERB
taxlaw-2855	500	6	to	to	ADP
taxlaw-2855	500	7	a	a	DET
taxlaw-2855	500	8	few	few	ADJ
taxlaw-2855	500	9	debt	debt	NOUN
taxlaw-2855	500	10	/	/	SYM
taxlaw-2855	500	11	equity	equity	NOUN
taxlaw-2855	500	12	cases	case	NOUN
taxlaw-2855	500	13	,	,	PUNCT
taxlaw-2855	500	14	focusing	focus	VERB
taxlaw-2855	500	15	primarily	primarily	ADV
taxlaw-2855	500	16	on	on	ADP
taxlaw-2855	500	17	kraft	kraft	NOUN
taxlaw-2855	500	18	v.	v.	ADP
taxlaw-2855	500	19	commissioner.76	commissioner.76	PROPN
taxlaw-2855	500	20	in	in	ADP
taxlaw-2855	500	21	kraft	kraft	NOUN
taxlaw-2855	500	22	,	,	PUNCT
taxlaw-2855	500	23	the	the	DET
taxlaw-2855	500	24	taxpayer	taxpayer	NOUN
taxlaw-2855	500	25	was	be	AUX
taxlaw-2855	500	26	a	a	DET
taxlaw-2855	500	27	subsidiary	subsidiary	ADJ
taxlaw-2855	500	28	corporation	corporation	NOUN
taxlaw-2855	500	29	that	that	PRON
taxlaw-2855	500	30	had	have	AUX
taxlaw-2855	500	31	issued	issue	VERB
taxlaw-2855	500	32	a	a	DET
taxlaw-2855	500	33	debt	debt	NOUN
taxlaw-2855	500	34	instrument	instrument	NOUN
taxlaw-2855	500	35	to	to	ADP
taxlaw-2855	500	36	its	its	PRON
taxlaw-2855	500	37	parent	parent	NOUN
taxlaw-2855	500	38	and	and	CCONJ
taxlaw-2855	500	39	claimed	claim	VERB
taxlaw-2855	500	40	deductions	deduction	NOUN
taxlaw-2855	500	41	for	for	ADP
taxlaw-2855	500	42	interest	interest	NOUN
taxlaw-2855	500	43	payments	payment	NOUN
taxlaw-2855	500	44	made	make	VERB
taxlaw-2855	500	45	with	with	ADP
taxlaw-2855	500	46	respect	respect	NOUN
taxlaw-2855	500	47	to	to	ADP
taxlaw-2855	500	48	the	the	DET
taxlaw-2855	500	49	instrument.77	instrument.77	NOUN
taxlaw-2855	500	50	the	the	DET
taxlaw-2855	500	51	court	court	NOUN
taxlaw-2855	500	52	held	hold	VERB
taxlaw-2855	500	53	for	for	ADP
taxlaw-2855	500	54	the	the	DET
taxlaw-2855	500	55	taxpayer	taxpayer	NOUN
taxlaw-2855	500	56	,	,	PUNCT
taxlaw-2855	500	57	stating	state	VERB
taxlaw-2855	500	58	that	that	SCONJ
taxlaw-2855	500	59	“	"	PUNCT
taxlaw-2855	500	60	to	to	PART
taxlaw-2855	500	61	strike	strike	VERB
taxlaw-2855	500	62	down	down	ADP
taxlaw-2855	500	63	a	a	DET
taxlaw-2855	500	64	genuine	genuine	ADJ
taxlaw-2855	500	65	transaction	transaction	NOUN
taxlaw-2855	500	66	because	because	SCONJ
taxlaw-2855	500	67	of	of	ADP
taxlaw-2855	500	68	the	the	DET
taxlaw-2855	500	69	parent	parent	NOUN
taxlaw-2855	500	70	-	-	PUNCT
taxlaw-2855	500	71	subsidiary	subsidiary	NOUN
taxlaw-2855	500	72	relation	relation	NOUN
taxlaw-2855	500	73	would	would	AUX
taxlaw-2855	500	74	violate	violate	VERB
taxlaw-2855	500	75	the	the	DET
taxlaw-2855	500	76	scheme	scheme	NOUN
taxlaw-2855	500	77	of	of	ADP
taxlaw-2855	500	78	the	the	DET
taxlaw-2855	500	79	statute	statute	NOUN
taxlaw-2855	501	1	[	[	X
taxlaw-2855	501	2	permitting	permit	VERB
taxlaw-2855	501	3	deduction	deduction	NOUN
taxlaw-2855	501	4	of	of	ADP
taxlaw-2855	501	5	interest	interest	NOUN
taxlaw-2855	501	6	payments	payment	NOUN
taxlaw-2855	501	7	]	]	PUNCT
taxlaw-2855	501	8	and	and	CCONJ
taxlaw-2855	501	9	depart	depart	NOUN
taxlaw-2855	501	10	from	from	ADP
taxlaw-2855	501	11	the	the	DET
taxlaw-2855	501	12	rules	rule	NOUN
taxlaw-2855	501	13	of	of	ADP
taxlaw-2855	501	14	law	law	NOUN
taxlaw-2855	501	15	heretofore	heretofore	ADP
taxlaw-2855	501	16	governing	govern	VERB
taxlaw-2855	501	17	intercompany	intercompany	NOUN
taxlaw-2855	501	18	transactions	transaction	NOUN
taxlaw-2855	501	19	.	.	PUNCT
taxlaw-2855	502	1	”78	”78	ADV
taxlaw-2855	502	2	the	the	DET
taxlaw-2855	502	3	preamble	preamble	NOUN
taxlaw-2855	502	4	,	,	PUNCT
taxlaw-2855	502	5	however	however	ADV
taxlaw-2855	502	6	,	,	PUNCT
taxlaw-2855	502	7	states	state	VERB
taxlaw-2855	502	8	that	that	SCONJ
taxlaw-2855	502	9	“	"	PUNCT
taxlaw-2855	502	10	the	the	DET
taxlaw-2855	502	11	factors	factor	NOUN
taxlaw-2855	502	12	discussed	discuss	VERB
taxlaw-2855	502	13	in	in	ADP
taxlaw-2855	502	14	kraft	kraft	NOUN
taxlaw-2855	502	15	and	and	CCONJ
taxlaw-2855	502	16	talbot	talbot	PROPN
taxlaw-2855	502	17	mills	mill	NOUN
taxlaw-2855	502	18	,	,	PUNCT
taxlaw-2855	502	19	including	include	VERB
taxlaw-2855	502	20	[	[	X
taxlaw-2855	502	21	1	1	X
taxlaw-2855	502	22	]	]	PUNCT
taxlaw-2855	502	23	the	the	DET
taxlaw-2855	502	24	parentsubsidiary	parentsubsidiary	PROPN
taxlaw-2855	502	25	relationship	relationship	NOUN
taxlaw-2855	502	26	,	,	PUNCT
taxlaw-2855	502	27	[	[	X
taxlaw-2855	502	28	2	2	X
taxlaw-2855	502	29	]	]	PUNCT
taxlaw-2855	502	30	the	the	DET
taxlaw-2855	502	31	fact	fact	NOUN
taxlaw-2855	502	32	that	that	SCONJ
taxlaw-2855	502	33	no	no	DET
taxlaw-2855	502	34	new	new	ADJ
taxlaw-2855	502	35	capital	capital	NOUN
taxlaw-2855	502	36	is	be	AUX
taxlaw-2855	502	37	introduced	introduce	VERB
taxlaw-2855	502	38	in	in	ADP
taxlaw-2855	502	39	connection	connection	NOUN
taxlaw-2855	502	40	with	with	ADP
taxlaw-2855	502	41	a	a	DET
taxlaw-2855	502	42	distribution	distribution	NOUN
taxlaw-2855	502	43	,	,	PUNCT
taxlaw-2855	502	44	and	and	CCONJ
taxlaw-2855	502	45	[	[	X
taxlaw-2855	502	46	3	3	X
taxlaw-2855	502	47	]	]	X
taxlaw-2855	502	48	the	the	DET
taxlaw-2855	502	49	typical	typical	ADJ
taxlaw-2855	502	50	lack	lack	NOUN
taxlaw-2855	502	51	of	of	ADP
taxlaw-2855	502	52	substantial	substantial	ADJ
taxlaw-2855	502	53	non	non	ADJ
taxlaw-2855	502	54	-	-	ADJ
taxlaw-2855	502	55	tax	tax	ADJ
taxlaw-2855	502	56	business	business	NOUN
taxlaw-2855	502	57	purpose	purpose	NOUN
taxlaw-2855	502	58	,	,	PUNCT
taxlaw-2855	502	59	support	support	VERB
taxlaw-2855	502	60	the	the	DET
taxlaw-2855	502	61	conclusion	conclusion	NOUN
taxlaw-2855	502	62	that	that	SCONJ
taxlaw-2855	502	63	the	the	DET
taxlaw-2855	502	64	issuance	issuance	NOUN
taxlaw-2855	502	65	of	of	ADP
taxlaw-2855	502	66	a	a	DET
taxlaw-2855	502	67	debt	debt	NOUN
taxlaw-2855	502	68	instrument	instrument	NOUN
taxlaw-2855	502	69	in	in	ADP
taxlaw-2855	502	70	a	a	DET
taxlaw-2855	502	71	distribution	distribution	NOUN
taxlaw-2855	502	72	is	be	AUX
taxlaw-2855	502	73	a	a	DET
taxlaw-2855	502	74	transaction	transaction	NOUN
taxlaw-2855	502	75	that	that	PRON
taxlaw-2855	502	76	frequently	frequently	ADV
taxlaw-2855	502	77	has	have	VERB
taxlaw-2855	502	78	minimal	minimal	ADJ
taxlaw-2855	502	79	or	or	CCONJ
taxlaw-2855	502	80	nonexistent	nonexistent	ADJ
taxlaw-2855	502	81	non	non	ADJ
taxlaw-2855	502	82	-	-	ADJ
taxlaw-2855	502	83	tax	tax	ADJ
taxlaw-2855	502	84	effects	effect	NOUN
taxlaw-2855	502	85	.	.	PUNCT
taxlaw-2855	502	86	”	"	PUNCT
taxlaw-2855	503	1	we	we	PRON
taxlaw-2855	503	2	believe	believe	VERB
taxlaw-2855	503	3	the	the	DET
taxlaw-2855	503	4	first	first	ADJ
taxlaw-2855	503	5	factor	factor	NOUN
taxlaw-2855	503	6	is	be	AUX
taxlaw-2855	503	7	(	(	PUNCT
taxlaw-2855	503	8	or	or	CCONJ
taxlaw-2855	503	9	can	can	AUX
taxlaw-2855	503	10	be	be	AUX
taxlaw-2855	503	11	)	)	PUNCT
taxlaw-2855	503	12	relevant	relevant	ADJ
taxlaw-2855	503	13	to	to	ADP
taxlaw-2855	503	14	the	the	DET
taxlaw-2855	503	15	determination	determination	NOUN
taxlaw-2855	503	16	of	of	ADP
taxlaw-2855	503	17	the	the	DET
taxlaw-2855	503	18	economic	economic	ADJ
taxlaw-2855	503	19	substance	substance	NOUN
taxlaw-2855	503	20	of	of	ADP
taxlaw-2855	503	21	an	an	DET
taxlaw-2855	503	22	instrument	instrument	NOUN
taxlaw-2855	503	23	.	.	PUNCT
taxlaw-2855	504	1	in	in	ADP
taxlaw-2855	504	2	the	the	DET
taxlaw-2855	504	3	context	context	NOUN
taxlaw-2855	504	4	of	of	ADP
taxlaw-2855	504	5	proportionately	proportionately	ADV
taxlaw-2855	504	6	-	-	PUNCT
taxlaw-2855	504	7	held	hold	VERB
taxlaw-2855	504	8	debt	debt	NOUN
taxlaw-2855	504	9	(	(	PUNCT
taxlaw-2855	504	10	e.g.	e.g.	ADV
taxlaw-2855	504	11	,	,	PUNCT
taxlaw-2855	504	12	parent	parent	NOUN
taxlaw-2855	504	13	-	-	PUNCT
taxlaw-2855	504	14	subsidiary	subsidiary	NOUN
taxlaw-2855	504	15	debt	debt	NOUN
taxlaw-2855	504	16	)	)	PUNCT
taxlaw-2855	504	17	,	,	PUNCT
taxlaw-2855	504	18	there	there	PRON
taxlaw-2855	504	19	is	be	VERB
taxlaw-2855	504	20	limited	limited	ADJ
taxlaw-2855	504	21	economic	economic	ADJ
taxlaw-2855	504	22	significance	significance	NOUN
taxlaw-2855	504	23	to	to	ADP
taxlaw-2855	504	24	the	the	DET
taxlaw-2855	504	25	distinction	distinction	NOUN
taxlaw-2855	504	26	between	between	ADP
taxlaw-2855	504	27	the	the	DET
taxlaw-2855	504	28	debtor	debtor	NOUN
taxlaw-2855	504	29	-	-	PUNCT
taxlaw-2855	504	30	creditor	creditor	NOUN
taxlaw-2855	504	31	and	and	CCONJ
taxlaw-2855	504	32	corporation	corporation	NOUN
taxlaw-2855	504	33	-	-	PUNCT
taxlaw-2855	504	34	shareholder	shareholder	NOUN
taxlaw-2855	504	35	relationships	relationship	NOUN
taxlaw-2855	504	36	.	.	PUNCT
taxlaw-2855	505	1	moreover	moreover	ADV
taxlaw-2855	505	2	,	,	PUNCT
taxlaw-2855	505	3	the	the	DET
taxlaw-2855	505	4	parties	party	NOUN
taxlaw-2855	505	5	in	in	ADP
taxlaw-2855	505	6	such	such	DET
taxlaw-2855	505	7	an	an	DET
taxlaw-2855	505	8	arrangement	arrangement	NOUN
taxlaw-2855	505	9	may	may	AUX
taxlaw-2855	505	10	be	be	AUX
taxlaw-2855	505	11	less	less	ADV
taxlaw-2855	505	12	likely	likely	ADJ
taxlaw-2855	505	13	to	to	PART
taxlaw-2855	505	14	act	act	VERB
taxlaw-2855	505	15	in	in	ADP
taxlaw-2855	505	16	accordance	accordance	NOUN
taxlaw-2855	505	17	with	with	ADP
taxlaw-2855	505	18	the	the	DET
taxlaw-2855	505	19	form	form	NOUN
taxlaw-2855	505	20	of	of	ADP
taxlaw-2855	505	21	their	their	PRON
taxlaw-2855	505	22	legal	legal	ADJ
taxlaw-2855	505	23	arrangements	arrangement	NOUN
taxlaw-2855	505	24	.	.	PUNCT
taxlaw-2855	506	1	if	if	SCONJ
taxlaw-2855	506	2	debt	debt	NOUN
taxlaw-2855	506	3	and	and	CCONJ
taxlaw-2855	506	4	stock	stock	NOUN
taxlaw-2855	506	5	are	be	AUX
taxlaw-2855	506	6	held	hold	VERB
taxlaw-2855	506	7	in	in	ADP
taxlaw-2855	506	8	the	the	DET
taxlaw-2855	506	9	same	same	ADJ
taxlaw-2855	506	10	proportion	proportion	NOUN
taxlaw-2855	506	11	and	and	CCONJ
taxlaw-2855	506	12	there	there	PRON
taxlaw-2855	506	13	are	be	VERB
taxlaw-2855	506	14	no	no	DET
taxlaw-2855	506	15	thirdparty	thirdparty	NOUN
taxlaw-2855	506	16	creditors	creditor	NOUN
taxlaw-2855	506	17	,	,	PUNCT
taxlaw-2855	506	18	why	why	SCONJ
taxlaw-2855	506	19	would	would	AUX
taxlaw-2855	506	20	the	the	DET
taxlaw-2855	506	21	creditors	creditor	NOUN
taxlaw-2855	506	22	(	(	PUNCT
taxlaw-2855	506	23	who	who	PRON
taxlaw-2855	506	24	are	be	AUX
taxlaw-2855	506	25	also	also	ADV
taxlaw-2855	506	26	shareholders	shareholder	NOUN
taxlaw-2855	506	27	)	)	PUNCT
taxlaw-2855	506	28	enforce	enforce	VERB
taxlaw-2855	506	29	their	their	PRON
taxlaw-2855	506	30	legal	legal	ADJ
taxlaw-2855	506	31	rights	right	NOUN
taxlaw-2855	506	32	in	in	ADP
taxlaw-2855	506	33	an	an	DET
taxlaw-2855	506	34	event	event	NOUN
taxlaw-2855	506	35	of	of	ADP
taxlaw-2855	506	36	default	default	NOUN
taxlaw-2855	506	37	?	?	PUNCT
taxlaw-2855	507	1	75	75	NUM
taxlaw-2855	508	1	i	i	PRON
taxlaw-2855	508	2	d.	d.	PROPN
taxlaw-2855	508	3	(	(	PUNCT
taxlaw-2855	508	4	quoting	quote	VERB
taxlaw-2855	508	5	robinson	robinson	PROPN
taxlaw-2855	508	6	v.	v.	PROPN
taxlaw-2855	508	7	shell	shell	PROPN
taxlaw-2855	508	8	oil	oil	PROPN
taxlaw-2855	508	9	co.	co.	PROPN
taxlaw-2855	508	10	,	,	PUNCT
taxlaw-2855	508	11	519	519	NUM
taxlaw-2855	508	12	u.s	u.s	PROPN
taxlaw-2855	508	13	.	.	PROPN
taxlaw-2855	508	14	337	337	NUM
taxlaw-2855	508	15	,	,	PUNCT
taxlaw-2855	508	16	341	341	NUM
taxlaw-2855	508	17	(	(	PUNCT
taxlaw-2855	508	18	1997	1997	NUM
taxlaw-2855	508	19	)	)	PUNCT
taxlaw-2855	508	20	)	)	PUNCT
taxlaw-2855	508	21	.	.	PUNCT
taxlaw-2855	509	1	76	76	NUM
taxlaw-2855	509	2	kraft	kraft	NOUN
taxlaw-2855	509	3	foods	foods	PROPN
taxlaw-2855	509	4	co.	co.	PROPN
taxlaw-2855	509	5	v.	v.	PROPN
taxlaw-2855	509	6	commissioner	commissioner	PROPN
taxlaw-2855	509	7	,	,	PUNCT
taxlaw-2855	509	8	232	232	NUM
taxlaw-2855	509	9	f.2d	f.2d	SYM
taxlaw-2855	509	10	118	118	NUM
taxlaw-2855	509	11	(	(	PUNCT
taxlaw-2855	509	12	2d	2d	NUM
taxlaw-2855	509	13	cir	cir	NOUN
taxlaw-2855	509	14	.	.	PROPN
taxlaw-2855	509	15	1956	1956	NUM
taxlaw-2855	509	16	)	)	PUNCT
taxlaw-2855	509	17	.	.	PUNCT
taxlaw-2855	510	1	77	77	NUM
taxlaw-2855	511	1	i	i	PRON
taxlaw-2855	511	2	d.	d.	PROPN
taxlaw-2855	511	3	at	at	ADP
taxlaw-2855	511	4	121–22	121–22	NUM
taxlaw-2855	511	5	.	.	PUNCT
taxlaw-2855	512	1	78	78	NUM
taxlaw-2855	513	1	i	i	PRON
taxlaw-2855	513	2	d.	d.	NOUN
taxlaw-2855	513	3	at	at	ADP
taxlaw-2855	513	4	124	124	NUM
taxlaw-2855	513	5	.	.	PUNCT
taxlaw-2855	514	1	350	350	NUM
taxlaw-2855	514	2	columbia	columbia	PROPN
taxlaw-2855	514	3	journal	journal	NOUN
taxlaw-2855	514	4	of	of	ADP
taxlaw-2855	514	5	tax	tax	NOUN
taxlaw-2855	514	6	law	law	NOUN
taxlaw-2855	514	7	[	[	X
taxlaw-2855	514	8	vol.8:326	vol.8:326	PROPN
taxlaw-2855	514	9	in	in	ADP
taxlaw-2855	514	10	addition	addition	NOUN
taxlaw-2855	514	11	,	,	PUNCT
taxlaw-2855	514	12	this	this	DET
taxlaw-2855	514	13	factor	factor	NOUN
taxlaw-2855	514	14	has	have	AUX
taxlaw-2855	514	15	universally	universally	ADV
taxlaw-2855	514	16	been	be	AUX
taxlaw-2855	514	17	considered	consider	VERB
taxlaw-2855	514	18	as	as	ADP
taxlaw-2855	514	19	relevant	relevant	ADJ
taxlaw-2855	514	20	in	in	ADP
taxlaw-2855	514	21	the	the	DET
taxlaw-2855	514	22	debt	debt	NOUN
taxlaw-2855	514	23	/	/	SYM
taxlaw-2855	514	24	equity	equity	NOUN
taxlaw-2855	514	25	case	case	NOUN
taxlaw-2855	514	26	law	law	NOUN
taxlaw-2855	514	27	and	and	CCONJ
taxlaw-2855	514	28	in	in	ADP
taxlaw-2855	514	29	irs	irs	PROPN
taxlaw-2855	514	30	guidance.79	guidance.79	NOUN
taxlaw-2855	514	31	it	it	PRON
taxlaw-2855	514	32	is	be	AUX
taxlaw-2855	514	33	true	true	ADJ
taxlaw-2855	514	34	that	that	SCONJ
taxlaw-2855	514	35	section	section	NOUN
taxlaw-2855	514	36	385	385	NUM
taxlaw-2855	514	37	and	and	CCONJ
taxlaw-2855	514	38	its	its	PRON
taxlaw-2855	514	39	legislative	legislative	ADJ
taxlaw-2855	514	40	history	history	NOUN
taxlaw-2855	514	41	make	make	VERB
taxlaw-2855	514	42	clear	clear	ADJ
taxlaw-2855	514	43	that	that	SCONJ
taxlaw-2855	514	44	case	case	NOUN
taxlaw-2855	514	45	law	law	NOUN
taxlaw-2855	514	46	does	do	AUX
taxlaw-2855	514	47	not	not	PART
taxlaw-2855	514	48	bind	bind	VERB
taxlaw-2855	514	49	the	the	DET
taxlaw-2855	514	50	irs	irs	PROPN
taxlaw-2855	514	51	in	in	ADP
taxlaw-2855	514	52	considering	consider	VERB
taxlaw-2855	514	53	or	or	CCONJ
taxlaw-2855	514	54	weighting	weight	VERB
taxlaw-2855	514	55	factors	factor	NOUN
taxlaw-2855	514	56	in	in	ADP
taxlaw-2855	514	57	issuing	issue	VERB
taxlaw-2855	514	58	regulations	regulation	NOUN
taxlaw-2855	514	59	under	under	ADP
taxlaw-2855	514	60	section	section	NOUN
taxlaw-2855	514	61	385	385	NUM
taxlaw-2855	514	62	.	.	PUNCT
taxlaw-2855	515	1	but	but	CCONJ
taxlaw-2855	515	2	courts	court	NOUN
taxlaw-2855	515	3	and	and	CCONJ
taxlaw-2855	515	4	the	the	DET
taxlaw-2855	515	5	irs	irs	PROPN
taxlaw-2855	515	6	have	have	AUX
taxlaw-2855	515	7	not	not	PART
taxlaw-2855	515	8	come	come	VERB
taxlaw-2855	515	9	upon	upon	SCONJ
taxlaw-2855	515	10	this	this	DET
taxlaw-2855	515	11	factor	factor	NOUN
taxlaw-2855	515	12	by	by	ADP
taxlaw-2855	515	13	accident	accident	NOUN
taxlaw-2855	515	14	–	–	PUNCT
taxlaw-2855	515	15	this	this	DET
taxlaw-2855	515	16	factor	factor	NOUN
taxlaw-2855	515	17	is	be	AUX
taxlaw-2855	515	18	well	well	ADV
taxlaw-2855	515	19	-	-	PUNCT
taxlaw-2855	515	20	established	establish	VERB
taxlaw-2855	515	21	as	as	ADP
taxlaw-2855	515	22	a	a	DET
taxlaw-2855	515	23	relevant	relevant	ADJ
taxlaw-2855	515	24	data	data	NOUN
taxlaw-2855	515	25	point	point	NOUN
taxlaw-2855	515	26	because	because	SCONJ
taxlaw-2855	515	27	the	the	DET
taxlaw-2855	515	28	overlap	overlap	NOUN
taxlaw-2855	515	29	of	of	ADP
taxlaw-2855	515	30	the	the	DET
taxlaw-2855	515	31	creditors	creditor	NOUN
taxlaw-2855	515	32	and	and	CCONJ
taxlaw-2855	515	33	shareholders	shareholder	NOUN
taxlaw-2855	515	34	of	of	ADP
taxlaw-2855	515	35	a	a	DET
taxlaw-2855	515	36	corporation	corporation	NOUN
taxlaw-2855	515	37	may	may	AUX
taxlaw-2855	515	38	call	call	VERB
taxlaw-2855	515	39	into	into	ADP
taxlaw-2855	515	40	question	question	NOUN
taxlaw-2855	515	41	whether	whether	SCONJ
taxlaw-2855	515	42	the	the	DET
taxlaw-2855	515	43	purported	purport	VERB
taxlaw-2855	515	44	debt	debt	NOUN
taxlaw-2855	515	45	instrument	instrument	NOUN
taxlaw-2855	515	46	creates	create	VERB
taxlaw-2855	515	47	a	a	DET
taxlaw-2855	515	48	true	true	ADJ
taxlaw-2855	515	49	debtor	debtor	NOUN
taxlaw-2855	515	50	/	/	SYM
taxlaw-2855	515	51	creditor	creditor	NOUN
taxlaw-2855	515	52	relationship	relationship	NOUN
taxlaw-2855	515	53	and	and	CCONJ
taxlaw-2855	515	54	whether	whether	SCONJ
taxlaw-2855	515	55	the	the	DET
taxlaw-2855	515	56	parties	party	NOUN
taxlaw-2855	515	57	will	will	AUX
taxlaw-2855	515	58	act	act	VERB
taxlaw-2855	515	59	in	in	ADP
taxlaw-2855	515	60	a	a	DET
taxlaw-2855	515	61	manner	manner	NOUN
taxlaw-2855	515	62	consistent	consistent	ADJ
taxlaw-2855	515	63	with	with	ADP
taxlaw-2855	515	64	that	that	DET
taxlaw-2855	515	65	relationship	relationship	NOUN
taxlaw-2855	515	66	.	.	PUNCT
taxlaw-2855	516	1	in	in	ADP
taxlaw-2855	516	2	other	other	ADJ
taxlaw-2855	516	3	words	word	NOUN
taxlaw-2855	516	4	,	,	PUNCT
taxlaw-2855	516	5	the	the	DET
taxlaw-2855	516	6	case	case	NOUN
taxlaw-2855	516	7	law	law	NOUN
taxlaw-2855	516	8	confirms	confirm	VERB
taxlaw-2855	516	9	the	the	DET
taxlaw-2855	516	10	conclusion	conclusion	NOUN
taxlaw-2855	516	11	that	that	SCONJ
taxlaw-2855	516	12	this	this	DET
taxlaw-2855	516	13	factor	factor	NOUN
taxlaw-2855	516	14	is	be	AUX
taxlaw-2855	516	15	germane	germane	ADJ
taxlaw-2855	516	16	to	to	ADP
taxlaw-2855	516	17	the	the	DET
taxlaw-2855	516	18	substance	substance	NOUN
taxlaw-2855	516	19	of	of	ADP
taxlaw-2855	516	20	an	an	DET
taxlaw-2855	516	21	instrument	instrument	NOUN
taxlaw-2855	516	22	as	as	ADP
taxlaw-2855	516	23	debt	debt	NOUN
taxlaw-2855	516	24	or	or	CCONJ
taxlaw-2855	516	25	equity	equity	NOUN
taxlaw-2855	516	26	.	.	PUNCT
taxlaw-2855	517	1	this	this	PRON
taxlaw-2855	517	2	is	be	AUX
taxlaw-2855	517	3	in	in	ADP
taxlaw-2855	517	4	contrast	contrast	NOUN
taxlaw-2855	517	5	to	to	ADP
taxlaw-2855	517	6	the	the	DET
taxlaw-2855	517	7	“	"	PUNCT
taxlaw-2855	517	8	no	no	DET
taxlaw-2855	517	9	new	new	ADJ
taxlaw-2855	517	10	capital	capital	NOUN
taxlaw-2855	517	11	factor	factor	NOUN
taxlaw-2855	517	12	”	"	PUNCT
taxlaw-2855	517	13	discussed	discuss	VERB
taxlaw-2855	517	14	below	below	ADV
taxlaw-2855	517	15	,	,	PUNCT
taxlaw-2855	517	16	which	which	PRON
taxlaw-2855	517	17	,	,	PUNCT
taxlaw-2855	517	18	but	but	CCONJ
taxlaw-2855	517	19	for	for	ADP
taxlaw-2855	517	20	the	the	DET
taxlaw-2855	517	21	few	few	ADJ
taxlaw-2855	517	22	cases	case	NOUN
taxlaw-2855	517	23	cited	cite	VERB
taxlaw-2855	517	24	in	in	ADP
taxlaw-2855	517	25	the	the	DET
taxlaw-2855	517	26	preamble	preamble	NOUN
taxlaw-2855	517	27	to	to	ADP
taxlaw-2855	517	28	the	the	DET
taxlaw-2855	517	29	proposed	propose	VERB
taxlaw-2855	517	30	385	385	NUM
taxlaw-2855	517	31	regulations	regulation	NOUN
taxlaw-2855	517	32	,	,	PUNCT
taxlaw-2855	517	33	is	be	AUX
taxlaw-2855	517	34	absent	absent	ADJ
taxlaw-2855	517	35	from	from	ADP
taxlaw-2855	517	36	the	the	DET
taxlaw-2855	517	37	debt	debt	NOUN
taxlaw-2855	517	38	/	/	SYM
taxlaw-2855	517	39	equity	equity	NOUN
taxlaw-2855	517	40	case	case	NOUN
taxlaw-2855	517	41	law	law	NOUN
taxlaw-2855	517	42	.	.	PUNCT
taxlaw-2855	518	1	it	it	PRON
taxlaw-2855	518	2	is	be	AUX
taxlaw-2855	518	3	worth	worth	ADJ
taxlaw-2855	518	4	discussing	discuss	VERB
taxlaw-2855	518	5	further	far	ADV
taxlaw-2855	518	6	why	why	SCONJ
taxlaw-2855	518	7	the	the	DET
taxlaw-2855	518	8	related	related	ADJ
taxlaw-2855	518	9	party	party	NOUN
taxlaw-2855	518	10	factor	factor	NOUN
taxlaw-2855	518	11	is	be	AUX
taxlaw-2855	518	12	germane	germane	ADJ
taxlaw-2855	518	13	to	to	ADP
taxlaw-2855	518	14	the	the	DET
taxlaw-2855	518	15	debt	debt	NOUN
taxlaw-2855	518	16	/	/	SYM
taxlaw-2855	518	17	equity	equity	NOUN
taxlaw-2855	518	18	question	question	NOUN
taxlaw-2855	518	19	.	.	PUNCT
taxlaw-2855	519	1	debt	debt	NOUN
taxlaw-2855	519	2	issued	issue	VERB
taxlaw-2855	519	3	to	to	ADP
taxlaw-2855	519	4	a	a	DET
taxlaw-2855	519	5	shareholder	shareholder	NOUN
taxlaw-2855	519	6	or	or	CCONJ
taxlaw-2855	519	7	related	relate	VERB
taxlaw-2855	519	8	party	party	NOUN
taxlaw-2855	519	9	does	do	AUX
taxlaw-2855	519	10	not	not	PART
taxlaw-2855	519	11	,	,	PUNCT
taxlaw-2855	519	12	per	per	X
taxlaw-2855	519	13	se	se	X
taxlaw-2855	519	14	,	,	PUNCT
taxlaw-2855	519	15	make	make	VERB
taxlaw-2855	519	16	the	the	DET
taxlaw-2855	519	17	debt	debt	NOUN
taxlaw-2855	519	18	“	"	PUNCT
taxlaw-2855	519	19	equity	equity	NOUN
taxlaw-2855	519	20	-	-	PUNCT
taxlaw-2855	519	21	like	like	ADJ
taxlaw-2855	519	22	”	"	PUNCT
taxlaw-2855	519	23	in	in	ADP
taxlaw-2855	519	24	the	the	DET
taxlaw-2855	519	25	same	same	ADJ
taxlaw-2855	519	26	way	way	NOUN
taxlaw-2855	519	27	other	other	ADJ
taxlaw-2855	519	28	traditional	traditional	ADJ
taxlaw-2855	519	29	equity	equity	NOUN
taxlaw-2855	519	30	-	-	PUNCT
taxlaw-2855	519	31	like	like	ADJ
taxlaw-2855	519	32	features	feature	NOUN
taxlaw-2855	519	33	play	play	VERB
taxlaw-2855	519	34	into	into	ADP
taxlaw-2855	519	35	the	the	DET
taxlaw-2855	519	36	analysis	analysis	NOUN
taxlaw-2855	519	37	.	.	PUNCT
taxlaw-2855	520	1	convertibility	convertibility	NOUN
taxlaw-2855	520	2	into	into	ADP
taxlaw-2855	520	3	equity	equity	NOUN
taxlaw-2855	520	4	,	,	PUNCT
taxlaw-2855	520	5	for	for	ADP
taxlaw-2855	520	6	example	example	NOUN
taxlaw-2855	520	7	,	,	PUNCT
taxlaw-2855	520	8	is	be	AUX
taxlaw-2855	520	9	an	an	DET
taxlaw-2855	520	10	equity	equity	NOUN
taxlaw-2855	520	11	-	-	PUNCT
taxlaw-2855	520	12	like	like	ADJ
taxlaw-2855	520	13	feature	feature	NOUN
taxlaw-2855	520	14	regardless	regardless	ADV
taxlaw-2855	520	15	of	of	ADP
taxlaw-2855	520	16	context	context	NOUN
taxlaw-2855	520	17	(	(	PUNCT
taxlaw-2855	520	18	i.e.	i.e.	X
taxlaw-2855	520	19	,	,	PUNCT
taxlaw-2855	520	20	regardless	regardless	ADV
taxlaw-2855	520	21	of	of	ADP
taxlaw-2855	520	22	to	to	ADP
taxlaw-2855	520	23	whom	whom	PRON
taxlaw-2855	520	24	and	and	CCONJ
taxlaw-2855	520	25	in	in	ADP
taxlaw-2855	520	26	what	what	DET
taxlaw-2855	520	27	context	context	NOUN
taxlaw-2855	520	28	the	the	DET
taxlaw-2855	520	29	debt	debt	NOUN
taxlaw-2855	520	30	is	be	AUX
taxlaw-2855	520	31	issued	issue	VERB
taxlaw-2855	520	32	)	)	PUNCT
taxlaw-2855	520	33	.	.	PUNCT
taxlaw-2855	521	1	so	so	ADV
taxlaw-2855	521	2	too	too	ADV
taxlaw-2855	521	3	are	be	AUX
taxlaw-2855	521	4	features	feature	NOUN
taxlaw-2855	521	5	like	like	ADP
taxlaw-2855	521	6	subordination	subordination	NOUN
taxlaw-2855	521	7	,	,	PUNCT
taxlaw-2855	521	8	the	the	DET
taxlaw-2855	521	9	lack	lack	NOUN
taxlaw-2855	521	10	of	of	ADP
taxlaw-2855	521	11	a	a	DET
taxlaw-2855	521	12	fixed	fix	VERB
taxlaw-2855	521	13	maturity	maturity	NOUN
taxlaw-2855	521	14	,	,	PUNCT
taxlaw-2855	521	15	the	the	DET
taxlaw-2855	521	16	lack	lack	NOUN
taxlaw-2855	521	17	of	of	ADP
taxlaw-2855	521	18	interest	interest	NOUN
taxlaw-2855	521	19	,	,	PUNCT
taxlaw-2855	521	20	voting	voting	NOUN
taxlaw-2855	521	21	rights	right	NOUN
taxlaw-2855	521	22	,	,	PUNCT
taxlaw-2855	521	23	and	and	CCONJ
taxlaw-2855	521	24	so	so	ADV
taxlaw-2855	521	25	forth	forth	ADV
taxlaw-2855	521	26	.	.	PUNCT
taxlaw-2855	522	1	the	the	DET
taxlaw-2855	522	2	related	relate	VERB
taxlaw-2855	522	3	party	party	NOUN
taxlaw-2855	522	4	factor	factor	NOUN
taxlaw-2855	522	5	is	be	AUX
taxlaw-2855	522	6	relevant	relevant	ADJ
taxlaw-2855	522	7	for	for	ADP
taxlaw-2855	522	8	a	a	DET
taxlaw-2855	522	9	different	different	ADJ
taxlaw-2855	522	10	reason	reason	NOUN
taxlaw-2855	522	11	—	—	PUNCT
taxlaw-2855	522	12	because	because	SCONJ
taxlaw-2855	522	13	the	the	DET
taxlaw-2855	522	14	relationship	relationship	NOUN
taxlaw-2855	522	15	between	between	ADP
taxlaw-2855	522	16	the	the	DET
taxlaw-2855	522	17	parties	party	NOUN
taxlaw-2855	522	18	calls	call	VERB
taxlaw-2855	522	19	into	into	ADP
taxlaw-2855	522	20	question	question	NOUN
taxlaw-2855	522	21	whether	whether	SCONJ
taxlaw-2855	522	22	a	a	DET
taxlaw-2855	522	23	true	true	ADJ
taxlaw-2855	522	24	debtor	debtor	NOUN
taxlaw-2855	522	25	/	/	SYM
taxlaw-2855	522	26	creditor	creditor	NOUN
taxlaw-2855	522	27	relationship	relationship	NOUN
taxlaw-2855	522	28	exists	exist	VERB
taxlaw-2855	522	29	,	,	PUNCT
taxlaw-2855	522	30	regardless	regardless	ADV
taxlaw-2855	522	31	of	of	ADP
taxlaw-2855	522	32	the	the	DET
taxlaw-2855	522	33	legal	legal	ADJ
taxlaw-2855	522	34	rights	right	NOUN
taxlaw-2855	522	35	that	that	PRON
taxlaw-2855	522	36	the	the	DET
taxlaw-2855	522	37	instrument	instrument	NOUN
taxlaw-2855	522	38	creates	create	VERB
taxlaw-2855	522	39	.	.	PUNCT
taxlaw-2855	523	1	it	it	PRON
taxlaw-2855	523	2	is	be	AUX
taxlaw-2855	523	3	a	a	DET
taxlaw-2855	523	4	situation	situation	NOUN
taxlaw-2855	523	5	that	that	PRON
taxlaw-2855	523	6	raises	raise	VERB
taxlaw-2855	523	7	the	the	DET
taxlaw-2855	523	8	antennae	antennae	NOUN
taxlaw-2855	523	9	of	of	ADP
taxlaw-2855	523	10	the	the	DET
taxlaw-2855	523	11	court	court	NOUN
taxlaw-2855	523	12	(	(	PUNCT
taxlaw-2855	523	13	or	or	CCONJ
taxlaw-2855	523	14	the	the	DET
taxlaw-2855	523	15	tax	tax	NOUN
taxlaw-2855	523	16	advisor	advisor	NOUN
taxlaw-2855	523	17	,	,	PUNCT
taxlaw-2855	523	18	or	or	CCONJ
taxlaw-2855	523	19	the	the	DET
taxlaw-2855	523	20	irs	irs	PROPN
taxlaw-2855	523	21	)	)	PUNCT
taxlaw-2855	523	22	because	because	SCONJ
taxlaw-2855	523	23	the	the	DET
taxlaw-2855	523	24	related	relate	VERB
taxlaw-2855	523	25	party	party	NOUN
taxlaw-2855	523	26	context	context	NOUN
taxlaw-2855	523	27	allows	allow	VERB
taxlaw-2855	523	28	for	for	ADP
taxlaw-2855	523	29	a	a	DET
taxlaw-2855	523	30	greater	great	ADJ
taxlaw-2855	523	31	possibility	possibility	NOUN
taxlaw-2855	523	32	that	that	SCONJ
taxlaw-2855	523	33	the	the	DET
taxlaw-2855	523	34	parties	party	NOUN
taxlaw-2855	523	35	will	will	AUX
taxlaw-2855	523	36	not	not	PART
taxlaw-2855	523	37	act	act	VERB
taxlaw-2855	523	38	in	in	ADP
taxlaw-2855	523	39	accordance	accordance	NOUN
taxlaw-2855	523	40	with	with	ADP
taxlaw-2855	523	41	the	the	DET
taxlaw-2855	523	42	terms	term	NOUN
taxlaw-2855	523	43	of	of	ADP
taxlaw-2855	523	44	their	their	PRON
taxlaw-2855	523	45	agreement	agreement	NOUN
taxlaw-2855	523	46	,	,	PUNCT
taxlaw-2855	523	47	which	which	PRON
taxlaw-2855	523	48	is	be	AUX
taxlaw-2855	523	49	unlikely	unlikely	ADJ
taxlaw-2855	523	50	when	when	SCONJ
taxlaw-2855	523	51	debt	debt	NOUN
taxlaw-2855	523	52	is	be	AUX
taxlaw-2855	523	53	issued	issue	VERB
taxlaw-2855	523	54	to	to	ADP
taxlaw-2855	523	55	a	a	DET
taxlaw-2855	523	56	true	true	ADJ
taxlaw-2855	523	57	third	third	ADJ
taxlaw-2855	523	58	party.80	party.80	NOUN
taxlaw-2855	523	59	79	79	NUM
taxlaw-2855	523	60	see	see	VERB
taxlaw-2855	523	61	,	,	PUNCT
taxlaw-2855	523	62	e.g.	e.g.	ADV
taxlaw-2855	523	63	,	,	PUNCT
taxlaw-2855	523	64	i	i	PRON
taxlaw-2855	523	65	d.	d.	VERB
taxlaw-2855	523	66	at	at	ADP
taxlaw-2855	523	67	123	123	NUM
taxlaw-2855	523	68	(	(	PUNCT
taxlaw-2855	523	69	“	"	PUNCT
taxlaw-2855	523	70	undoubtedly	undoubtedly	ADV
taxlaw-2855	523	71	,	,	PUNCT
taxlaw-2855	523	72	there	there	PRON
taxlaw-2855	523	73	are	be	VERB
taxlaw-2855	523	74	elements	element	NOUN
taxlaw-2855	523	75	in	in	ADP
taxlaw-2855	523	76	the	the	DET
taxlaw-2855	523	77	present	present	ADJ
taxlaw-2855	523	78	case	case	NOUN
taxlaw-2855	523	79	which	which	PRON
taxlaw-2855	523	80	invite	invite	VERB
taxlaw-2855	523	81	close	close	ADJ
taxlaw-2855	523	82	scrutiny	scrutiny	NOUN
taxlaw-2855	523	83	by	by	ADP
taxlaw-2855	523	84	the	the	DET
taxlaw-2855	523	85	commissioner	commissioner	NOUN
taxlaw-2855	523	86	,	,	PUNCT
taxlaw-2855	523	87	among	among	ADP
taxlaw-2855	523	88	them	they	PRON
taxlaw-2855	523	89	the	the	DET
taxlaw-2855	523	90	fact	fact	NOUN
taxlaw-2855	523	91	that	that	SCONJ
taxlaw-2855	523	92	the	the	DET
taxlaw-2855	523	93	arrangement	arrangement	NOUN
taxlaw-2855	523	94	was	be	AUX
taxlaw-2855	523	95	made	make	VERB
taxlaw-2855	523	96	between	between	ADP
taxlaw-2855	523	97	a	a	DET
taxlaw-2855	523	98	parent	parent	NOUN
taxlaw-2855	523	99	corporation	corporation	NOUN
taxlaw-2855	523	100	and	and	CCONJ
taxlaw-2855	523	101	its	its	PRON
taxlaw-2855	523	102	wholly	wholly	ADV
taxlaw-2855	523	103	-	-	PUNCT
taxlaw-2855	523	104	owned	own	VERB
taxlaw-2855	523	105	subsidiary	subsidiary	NOUN
taxlaw-2855	523	106	.	.	PUNCT
taxlaw-2855	523	107	”	"	PUNCT
taxlaw-2855	523	108	)	)	PUNCT
taxlaw-2855	523	109	;	;	PUNCT
taxlaw-2855	523	110	nassau	nassau	PROPN
taxlaw-2855	523	111	lens	lens	PROPN
taxlaw-2855	523	112	co.	co.	PROPN
taxlaw-2855	524	1	v.	v.	PROPN
taxlaw-2855	524	2	commissioner	commissioner	PROPN
taxlaw-2855	524	3	.	.	PUNCT
taxlaw-2855	525	1	,	,	PUNCT
taxlaw-2855	525	2	308	308	NUM
taxlaw-2855	525	3	f.2d	f.2d	NOUN
taxlaw-2855	525	4	39	39	NUM
taxlaw-2855	525	5	,	,	PUNCT
taxlaw-2855	525	6	46	46	NUM
taxlaw-2855	525	7	(	(	PUNCT
taxlaw-2855	525	8	2d	2d	NUM
taxlaw-2855	525	9	cir	cir	NOUN
taxlaw-2855	525	10	.	.	PUNCT
taxlaw-2855	526	1	1962	1962	NUM
taxlaw-2855	526	2	)	)	PUNCT
taxlaw-2855	527	1	(	(	PUNCT
taxlaw-2855	527	2	“	"	PUNCT
taxlaw-2855	527	3	it	it	PRON
taxlaw-2855	527	4	is	be	AUX
taxlaw-2855	527	5	all	all	PRON
taxlaw-2855	527	6	very	very	ADV
taxlaw-2855	527	7	well	well	ADV
taxlaw-2855	527	8	to	to	PART
taxlaw-2855	527	9	say	say	VERB
taxlaw-2855	527	10	that	that	SCONJ
taxlaw-2855	527	11	it	it	PRON
taxlaw-2855	527	12	makes	make	VERB
taxlaw-2855	527	13	little	little	ADJ
taxlaw-2855	527	14	‘	'	PUNCT
taxlaw-2855	527	15	economic	economic	ADJ
taxlaw-2855	527	16	’	'	PUNCT
taxlaw-2855	527	17	difference	difference	NOUN
taxlaw-2855	527	18	whether	whether	SCONJ
taxlaw-2855	527	19	the	the	DET
taxlaw-2855	527	20	investment	investment	NOUN
taxlaw-2855	527	21	[	[	X
taxlaw-2855	527	22	of	of	ADP
taxlaw-2855	527	23	a	a	DET
taxlaw-2855	527	24	parent	parent	NOUN
taxlaw-2855	527	25	in	in	ADP
taxlaw-2855	527	26	a	a	DET
taxlaw-2855	527	27	subsidiary	subsidiary	NOUN
taxlaw-2855	527	28	]	]	PUNCT
taxlaw-2855	527	29	was	be	AUX
taxlaw-2855	527	30	divided	divide	VERB
taxlaw-2855	527	31	between	between	ADP
taxlaw-2855	527	32	debt	debt	NOUN
taxlaw-2855	527	33	and	and	CCONJ
taxlaw-2855	527	34	equity	equity	NOUN
taxlaw-2855	527	35	or	or	CCONJ
taxlaw-2855	527	36	was	be	AUX
taxlaw-2855	527	37	entirely	entirely	ADV
taxlaw-2855	527	38	allocated	allocate	VERB
taxlaw-2855	527	39	to	to	ADP
taxlaw-2855	527	40	equity	equity	NOUN
taxlaw-2855	527	41	.	.	PUNCT
taxlaw-2855	528	1	but	but	CCONJ
taxlaw-2855	528	2	by	by	ADP
taxlaw-2855	528	3	the	the	DET
taxlaw-2855	528	4	same	same	ADJ
taxlaw-2855	528	5	reasoning	reasoning	NOUN
taxlaw-2855	528	6	it	it	PRON
taxlaw-2855	528	7	may	may	AUX
taxlaw-2855	528	8	make	make	VERB
taxlaw-2855	528	9	little	little	ADJ
taxlaw-2855	528	10	‘	'	PUNCT
taxlaw-2855	528	11	economic	economic	ADJ
taxlaw-2855	528	12	’	'	PUNCT
taxlaw-2855	528	13	difference	difference	NOUN
taxlaw-2855	528	14	to	to	ADP
taxlaw-2855	528	15	[	[	X
taxlaw-2855	528	16	the	the	DET
taxlaw-2855	528	17	owner	owner	NOUN
taxlaw-2855	528	18	of	of	ADP
taxlaw-2855	528	19	the	the	DET
taxlaw-2855	528	20	parent	parent	NOUN
taxlaw-2855	528	21	corporation	corporation	NOUN
taxlaw-2855	528	22	]	]	PUNCT
taxlaw-2855	528	23	whether	whether	SCONJ
taxlaw-2855	528	24	he	he	PRON
taxlaw-2855	528	25	has	have	VERB
taxlaw-2855	528	26	an	an	DET
taxlaw-2855	528	27	unincorporated	unincorporated	ADJ
taxlaw-2855	528	28	business	business	NOUN
taxlaw-2855	528	29	or	or	CCONJ
taxlaw-2855	528	30	a	a	DET
taxlaw-2855	528	31	corporation	corporation	NOUN
taxlaw-2855	528	32	in	in	ADP
taxlaw-2855	528	33	which	which	PRON
taxlaw-2855	528	34	he	he	PRON
taxlaw-2855	528	35	is	be	AUX
taxlaw-2855	528	36	the	the	DET
taxlaw-2855	528	37	sole	sole	ADJ
taxlaw-2855	528	38	stockholder	stockholder	NOUN
taxlaw-2855	528	39	.	.	PUNCT
taxlaw-2855	529	1	and	and	CCONJ
taxlaw-2855	529	2	if	if	SCONJ
taxlaw-2855	529	3	one	one	PRON
taxlaw-2855	529	4	wanted	want	VERB
taxlaw-2855	529	5	to	to	PART
taxlaw-2855	529	6	carry	carry	VERB
taxlaw-2855	529	7	the	the	DET
taxlaw-2855	529	8	argument	argument	NOUN
taxlaw-2855	529	9	far	far	ADV
taxlaw-2855	529	10	enough	enough	ADV
taxlaw-2855	529	11	,	,	PUNCT
taxlaw-2855	529	12	presumably	presumably	ADV
taxlaw-2855	529	13	the	the	DET
taxlaw-2855	529	14	commissioner	commissioner	NOUN
taxlaw-2855	529	15	would	would	AUX
taxlaw-2855	529	16	be	be	AUX
taxlaw-2855	529	17	free	free	ADJ
taxlaw-2855	529	18	to	to	PART
taxlaw-2855	529	19	make	make	VERB
taxlaw-2855	529	20	ad	ad	NOUN
taxlaw-2855	529	21	hoc	hoc	X
taxlaw-2855	529	22	attacks	attack	NOUN
taxlaw-2855	529	23	on	on	ADP
taxlaw-2855	529	24	a	a	DET
taxlaw-2855	529	25	whole	whole	ADJ
taxlaw-2855	529	26	variety	variety	NOUN
taxlaw-2855	529	27	of	of	ADP
taxlaw-2855	529	28	transactions	transaction	NOUN
taxlaw-2855	529	29	involving	involve	VERB
taxlaw-2855	529	30	closely	closely	ADV
taxlaw-2855	529	31	held	hold	VERB
taxlaw-2855	529	32	corporations	corporation	NOUN
taxlaw-2855	529	33	.	.	PUNCT
taxlaw-2855	530	1	but	but	CCONJ
taxlaw-2855	530	2	this	this	DET
taxlaw-2855	530	3	code	code	NOUN
taxlaw-2855	530	4	does	do	AUX
taxlaw-2855	530	5	not	not	PART
taxlaw-2855	530	6	so	so	ADV
taxlaw-2855	530	7	empower	empower	VERB
taxlaw-2855	530	8	the	the	DET
taxlaw-2855	530	9	commissioner	commissioner	NOUN
taxlaw-2855	530	10	,	,	PUNCT
taxlaw-2855	530	11	for	for	SCONJ
taxlaw-2855	530	12	it	it	PRON
taxlaw-2855	530	13	recognizes	recognize	VERB
taxlaw-2855	530	14	and	and	CCONJ
taxlaw-2855	530	15	treats	treat	VERB
taxlaw-2855	530	16	corporations	corporation	NOUN
taxlaw-2855	530	17	as	as	ADP
taxlaw-2855	530	18	separate	separate	ADJ
taxlaw-2855	530	19	entities	entity	NOUN
taxlaw-2855	530	20	and	and	CCONJ
taxlaw-2855	530	21	affords	afford	NOUN
taxlaw-2855	530	22	significance	significance	NOUN
taxlaw-2855	530	23	to	to	ADP
taxlaw-2855	530	24	the	the	DET
taxlaw-2855	530	25	type	type	NOUN
taxlaw-2855	530	26	of	of	ADP
taxlaw-2855	530	27	investment	investment	NOUN
taxlaw-2855	530	28	chosen	choose	VERB
taxlaw-2855	530	29	in	in	ADP
taxlaw-2855	530	30	them	they	PRON
taxlaw-2855	530	31	so	so	ADV
taxlaw-2855	530	32	long	long	ADV
taxlaw-2855	530	33	as	as	SCONJ
taxlaw-2855	530	34	that	that	DET
taxlaw-2855	530	35	investment	investment	NOUN
taxlaw-2855	530	36	has	have	VERB
taxlaw-2855	530	37	substantial	substantial	ADJ
taxlaw-2855	530	38	economic	economic	ADJ
taxlaw-2855	530	39	reality	reality	NOUN
taxlaw-2855	530	40	in	in	ADP
taxlaw-2855	530	41	terms	term	NOUN
taxlaw-2855	530	42	of	of	ADP
taxlaw-2855	530	43	the	the	DET
taxlaw-2855	530	44	objective	objective	ADJ
taxlaw-2855	530	45	factors	factor	NOUN
taxlaw-2855	530	46	which	which	PRON
taxlaw-2855	530	47	normally	normally	ADV
taxlaw-2855	530	48	surround	surround	VERB
taxlaw-2855	530	49	the	the	DET
taxlaw-2855	530	50	type	type	NOUN
taxlaw-2855	530	51	chosen	choose	VERB
taxlaw-2855	530	52	.	.	PUNCT
taxlaw-2855	530	53	”	"	PUNCT
taxlaw-2855	530	54	)	)	PUNCT
taxlaw-2855	530	55	;	;	PUNCT
taxlaw-2855	531	1	malone	malone	PROPN
taxlaw-2855	531	2	&	&	CCONJ
taxlaw-2855	531	3	hyde	hyde	PROPN
taxlaw-2855	531	4	,	,	PUNCT
taxlaw-2855	531	5	inc	inc	PROPN
taxlaw-2855	531	6	.	.	PROPN
taxlaw-2855	532	1	v.	v.	PROPN
taxlaw-2855	532	2	commissioner	commissioner	PROPN
taxlaw-2855	532	3	,	,	PUNCT
taxlaw-2855	532	4	49	49	NUM
taxlaw-2855	532	5	t.c	t.c	PROPN
taxlaw-2855	532	6	.	.	PROPN
taxlaw-2855	532	7	575	575	NUM
taxlaw-2855	532	8	,	,	PUNCT
taxlaw-2855	532	9	578	578	NUM
taxlaw-2855	532	10	,	,	PUNCT
taxlaw-2855	532	11	(	(	PUNCT
taxlaw-2855	532	12	1968	1968	NUM
taxlaw-2855	532	13	)	)	PUNCT
taxlaw-2855	532	14	(	(	PUNCT
taxlaw-2855	532	15	“	"	PUNCT
taxlaw-2855	532	16	we	we	PRON
taxlaw-2855	532	17	start	start	VERB
taxlaw-2855	532	18	from	from	ADP
taxlaw-2855	532	19	the	the	DET
taxlaw-2855	532	20	premise	premise	NOUN
taxlaw-2855	532	21	that	that	SCONJ
taxlaw-2855	532	22	arrangements	arrangement	NOUN
taxlaw-2855	532	23	between	between	ADP
taxlaw-2855	532	24	a	a	DET
taxlaw-2855	532	25	parent	parent	NOUN
taxlaw-2855	532	26	corporation	corporation	NOUN
taxlaw-2855	532	27	and	and	CCONJ
taxlaw-2855	532	28	its	its	PRON
taxlaw-2855	532	29	wholly	wholly	ADV
taxlaw-2855	532	30	owned	own	VERB
taxlaw-2855	532	31	subsidiary	subsidiary	NOUN
taxlaw-2855	532	32	‘	'	PUNCT
taxlaw-2855	532	33	invite	invite	VERB
taxlaw-2855	532	34	close	close	ADJ
taxlaw-2855	532	35	scrutiny	scrutiny	NOUN
taxlaw-2855	532	36	.	.	PUNCT
taxlaw-2855	532	37	’	'	PUNCT
taxlaw-2855	533	1	at	at	ADP
taxlaw-2855	533	2	the	the	DET
taxlaw-2855	533	3	same	same	ADJ
taxlaw-2855	533	4	time	time	NOUN
taxlaw-2855	533	5	,	,	PUNCT
taxlaw-2855	533	6	we	we	PRON
taxlaw-2855	533	7	think	think	VERB
taxlaw-2855	533	8	it	it	PRON
taxlaw-2855	533	9	unwarranted	unwarranted	ADJ
taxlaw-2855	533	10	to	to	PART
taxlaw-2855	533	11	apply	apply	VERB
taxlaw-2855	533	12	legalistic	legalistic	ADJ
taxlaw-2855	533	13	and	and	CCONJ
taxlaw-2855	533	14	mechanical	mechanical	ADJ
taxlaw-2855	533	15	tests	test	NOUN
taxlaw-2855	533	16	,	,	PUNCT
taxlaw-2855	533	17	in	in	ADP
taxlaw-2855	533	18	the	the	DET
taxlaw-2855	533	19	area	area	NOUN
taxlaw-2855	533	20	of	of	ADP
taxlaw-2855	533	21	parent	parent	NOUN
taxlaw-2855	533	22	-	-	PUNCT
taxlaw-2855	533	23	subsidiary	subsidiary	NOUN
taxlaw-2855	533	24	relationships	relationship	NOUN
taxlaw-2855	533	25	,	,	PUNCT
taxlaw-2855	533	26	without	without	ADP
taxlaw-2855	533	27	regard	regard	NOUN
taxlaw-2855	533	28	to	to	ADP
taxlaw-2855	533	29	the	the	DET
taxlaw-2855	533	30	realities	reality	NOUN
taxlaw-2855	533	31	of	of	ADP
taxlaw-2855	533	32	the	the	DET
taxlaw-2855	533	33	business	business	NOUN
taxlaw-2855	533	34	world	world	NOUN
taxlaw-2855	533	35	and	and	CCONJ
taxlaw-2855	533	36	the	the	DET
taxlaw-2855	533	37	manner	manner	NOUN
taxlaw-2855	533	38	in	in	ADP
taxlaw-2855	533	39	which	which	PRON
taxlaw-2855	533	40	transactions	transaction	NOUN
taxlaw-2855	533	41	are	be	AUX
taxlaw-2855	533	42	handled	handle	VERB
taxlaw-2855	533	43	in	in	ADP
taxlaw-2855	533	44	the	the	DET
taxlaw-2855	533	45	normal	normal	ADJ
taxlaw-2855	533	46	and	and	CCONJ
taxlaw-2855	533	47	ordinary	ordinary	ADJ
taxlaw-2855	533	48	course	course	NOUN
taxlaw-2855	533	49	of	of	ADP
taxlaw-2855	533	50	doing	do	VERB
taxlaw-2855	533	51	business	business	NOUN
taxlaw-2855	533	52	.	.	PUNCT
taxlaw-2855	533	53	”	"	PUNCT
taxlaw-2855	533	54	)	)	PUNCT
taxlaw-2855	533	55	;	;	PUNCT
taxlaw-2855	533	56	pepsico	pepsico	PROPN
taxlaw-2855	533	57	puerto	puerto	PROPN
taxlaw-2855	533	58	rico	rico	PROPN
taxlaw-2855	533	59	,	,	PUNCT
taxlaw-2855	533	60	inc	inc	PROPN
taxlaw-2855	533	61	.	.	PROPN
taxlaw-2855	534	1	v.	v.	PROPN
taxlaw-2855	534	2	commissioner	commissioner	PROPN
taxlaw-2855	534	3	,	,	PUNCT
taxlaw-2855	534	4	t.c	t.c	PROPN
taxlaw-2855	534	5	.	.	PROPN
taxlaw-2855	534	6	memo	memo	NOUN
taxlaw-2855	534	7	104	104	NUM
taxlaw-2855	534	8	t.c.m	t.c.m	NOUN
taxlaw-2855	534	9	.	.	PUNCT
taxlaw-2855	535	1	(	(	PUNCT
taxlaw-2855	535	2	cch	cch	NOUN
taxlaw-2855	535	3	)	)	PUNCT
taxlaw-2855	535	4	322	322	NUM
taxlaw-2855	535	5	,	,	PUNCT
taxlaw-2855	535	6	2012	2012	NUM
taxlaw-2855	535	7	w.l	w.l	PROPN
taxlaw-2855	535	8	4207299	4207299	NUM
taxlaw-2855	535	9	,	,	PUNCT
taxlaw-2855	535	10	at	at	ADP
taxlaw-2855	535	11	*	*	NUM
taxlaw-2855	535	12	18	18	NUM
taxlaw-2855	535	13	(	(	PUNCT
taxlaw-2855	535	14	2012	2012	NUM
taxlaw-2855	535	15	)	)	PUNCT
taxlaw-2855	535	16	(	(	PUNCT
taxlaw-2855	535	17	“	"	PUNCT
taxlaw-2855	535	18	[	[	X
taxlaw-2855	535	19	n]otwithstanding	n]otwithstande	VERB
taxlaw-2855	535	20	the	the	DET
taxlaw-2855	535	21	greater	great	ADJ
taxlaw-2855	535	22	scrutiny	scrutiny	NOUN
taxlaw-2855	535	23	afforded	afford	VERB
taxlaw-2855	535	24	to	to	ADP
taxlaw-2855	535	25	related	relate	VERB
taxlaw-2855	535	26	-	-	PUNCT
taxlaw-2855	535	27	party	party	NOUN
taxlaw-2855	535	28	transactions	transaction	NOUN
taxlaw-2855	535	29	,	,	PUNCT
taxlaw-2855	535	30	we	we	PRON
taxlaw-2855	535	31	believe	believe	VERB
taxlaw-2855	535	32	that	that	SCONJ
taxlaw-2855	535	33	disregarding	disregard	VERB
taxlaw-2855	535	34	petitioners	petitioner	NOUN
taxlaw-2855	535	35	’	'	PUNCT
taxlaw-2855	535	36	international	international	ADJ
taxlaw-2855	535	37	corporate	corporate	ADJ
taxlaw-2855	535	38	structure	structure	NOUN
taxlaw-2855	535	39	based	base	VERB
taxlaw-2855	535	40	solely	solely	ADV
taxlaw-2855	535	41	on	on	ADP
taxlaw-2855	535	42	the	the	DET
taxlaw-2855	535	43	entities	entity	NOUN
taxlaw-2855	535	44	’	’	PART
taxlaw-2855	535	45	interrelatedness	interrelatedness	NOUN
taxlaw-2855	535	46	is	be	AUX
taxlaw-2855	535	47	,	,	PUNCT
taxlaw-2855	535	48	without	without	ADP
taxlaw-2855	535	49	more	more	ADV
taxlaw-2855	535	50	,	,	PUNCT
taxlaw-2855	535	51	unjustified	unjustified	ADJ
taxlaw-2855	535	52	.	.	PUNCT
taxlaw-2855	535	53	”	"	PUNCT
taxlaw-2855	535	54	)	)	PUNCT
taxlaw-2855	535	55	.	.	PUNCT
taxlaw-2855	536	1	80	80	NUM
taxlaw-2855	536	2	see	see	VERB
taxlaw-2855	536	3	,	,	PUNCT
taxlaw-2855	536	4	e.g.	e.g.	ADV
taxlaw-2855	536	5	,	,	PUNCT
taxlaw-2855	536	6	kraft	kraft	NOUN
taxlaw-2855	536	7	,	,	PUNCT
taxlaw-2855	536	8	232	232	NUM
taxlaw-2855	536	9	f.2d	f.2d	X
taxlaw-2855	536	10	at	at	ADP
taxlaw-2855	536	11	123	123	NUM
taxlaw-2855	536	12	(	(	PUNCT
taxlaw-2855	536	13	“	"	PUNCT
taxlaw-2855	536	14	[	[	X
taxlaw-2855	536	15	t]here	t]here	NOUN
taxlaw-2855	536	16	are	be	AUX
taxlaw-2855	536	17	elements	element	NOUN
taxlaw-2855	536	18	in	in	ADP
taxlaw-2855	536	19	the	the	DET
taxlaw-2855	536	20	present	present	ADJ
taxlaw-2855	536	21	case	case	NOUN
taxlaw-2855	536	22	which	which	PRON
taxlaw-2855	536	23	invite	invite	VERB
taxlaw-2855	536	24	close	close	ADJ
taxlaw-2855	536	25	scrutiny	scrutiny	NOUN
taxlaw-2855	536	26	by	by	ADP
taxlaw-2855	536	27	the	the	DET
taxlaw-2855	536	28	commissioner	commissioner	NOUN
taxlaw-2855	536	29	,	,	PUNCT
taxlaw-2855	536	30	among	among	ADP
taxlaw-2855	536	31	them	they	PRON
taxlaw-2855	536	32	the	the	DET
taxlaw-2855	536	33	fact	fact	NOUN
taxlaw-2855	536	34	that	that	SCONJ
taxlaw-2855	536	35	the	the	DET
taxlaw-2855	536	36	arrangement	arrangement	NOUN
taxlaw-2855	536	37	was	be	AUX
taxlaw-2855	536	38	made	make	VERB
taxlaw-2855	536	39	between	between	ADP
taxlaw-2855	536	40	a	a	DET
taxlaw-2855	536	41	parent	parent	NOUN
taxlaw-2855	536	42	corporation	corporation	NOUN
taxlaw-2855	536	43	and	and	CCONJ
taxlaw-2855	536	44	its	its	PRON
taxlaw-2855	536	45	wholly	wholly	ADV
taxlaw-2855	536	46	-	-	PUNCT
taxlaw-2855	536	47	owned	own	VERB
taxlaw-2855	536	48	subsidiary	subsidiary	NOUN
taxlaw-2855	536	49	.	.	PUNCT
taxlaw-2855	536	50	”	"	PUNCT
taxlaw-2855	536	51	)	)	PUNCT
taxlaw-2855	536	52	;	;	PUNCT
taxlaw-2855	537	1	cf	cf	X
taxlaw-2855	537	2	.	.	PUNCT
taxlaw-2855	538	1	litton	litton	PROPN
taxlaw-2855	538	2	business	business	PROPN
taxlaw-2855	538	3	systems	systems	PROPN
taxlaw-2855	538	4	,	,	PUNCT
taxlaw-2855	538	5	inc	inc	PROPN
taxlaw-2855	538	6	.	.	PROPN
taxlaw-2855	539	1	v.	v.	PROPN
taxlaw-2855	539	2	commissioner	commissioner	PROPN
taxlaw-2855	539	3	,	,	PUNCT
taxlaw-2855	539	4	61	61	NUM
taxlaw-2855	539	5	t.c	t.c	PROPN
taxlaw-2855	539	6	.	.	PROPN
taxlaw-2855	539	7	367	367	NUM
taxlaw-2855	539	8	,	,	PUNCT
taxlaw-2855	539	9	377	377	NUM
taxlaw-2855	539	10	-	-	SYM
taxlaw-2855	539	11	78	78	NUM
taxlaw-2855	539	12	(	(	PUNCT
taxlaw-2855	539	13	1973	1973	NUM
taxlaw-2855	539	14	)	)	PUNCT
taxlaw-2855	539	15	(	(	PUNCT
taxlaw-2855	539	16	“	"	PUNCT
taxlaw-2855	539	17	it	it	PRON
taxlaw-2855	539	18	is	be	AUX
taxlaw-2855	539	19	quite	quite	ADV
taxlaw-2855	539	20	clear	clear	ADJ
taxlaw-2855	539	21	that	that	SCONJ
taxlaw-2855	539	22	a	a	DET
taxlaw-2855	539	23	valid	valid	ADJ
taxlaw-2855	539	24	debt	debt	NOUN
taxlaw-2855	539	25	may	may	AUX
taxlaw-2855	539	26	exist	exist	VERB
taxlaw-2855	539	27	between	between	ADP
taxlaw-2855	539	28	parties	party	NOUN
taxlaw-2855	539	29	even	even	ADV
taxlaw-2855	539	30	where	where	SCONJ
taxlaw-2855	539	31	no	no	DET
taxlaw-2855	539	32	formal	formal	ADJ
taxlaw-2855	539	33	debt	debt	NOUN
taxlaw-2855	539	34	instrument	instrument	NOUN
taxlaw-2855	539	35	exists	exist	VERB
taxlaw-2855	539	36	.	.	PUNCT
taxlaw-2855	540	1	this	this	PRON
taxlaw-2855	540	2	is	be	AUX
taxlaw-2855	540	3	particularly	particularly	ADV
taxlaw-2855	540	4	true	true	ADJ
taxlaw-2855	540	5	in	in	ADP
taxlaw-2855	540	6	the	the	DET
taxlaw-2855	540	7	case	case	NOUN
taxlaw-2855	540	8	of	of	ADP
taxlaw-2855	540	9	related	related	ADJ
taxlaw-2855	540	10	parties	party	NOUN
taxlaw-2855	540	11	since	since	SCONJ
taxlaw-2855	540	12	[	[	X
taxlaw-2855	540	13	f]ormal	f]ormal	ADJ
taxlaw-2855	540	14	debt	debt	NOUN
taxlaw-2855	540	15	paraphernalia	paraphernalia	NOUN
taxlaw-2855	540	16	of	of	ADP
taxlaw-2855	540	17	this	this	DET
taxlaw-2855	540	18	type	type	NOUN
taxlaw-2855	540	19	in	in	ADP
taxlaw-2855	540	20	a	a	DET
taxlaw-2855	540	21	closeknit	closeknit	PROPN
taxlaw-2855	540	22	family	family	NOUN
taxlaw-2855	540	23	or	or	CCONJ
taxlaw-2855	540	24	corporate	corporate	ADJ
taxlaw-2855	540	25	cousins	cousin	NOUN
taxlaw-2855	540	26	are	be	AUX
taxlaw-2855	540	27	not	not	PART
taxlaw-2855	540	28	as	as	ADV
taxlaw-2855	540	29	necessary	necessary	ADJ
taxlaw-2855	540	30	to	to	PART
taxlaw-2855	540	31	insure	insure	VERB
taxlaw-2855	540	32	repayment	repayment	NOUN
taxlaw-2855	540	33	as	as	SCONJ
taxlaw-2855	540	34	may	may	AUX
taxlaw-2855	540	35	be	be	AUX
taxlaw-2855	540	36	the	the	DET
taxlaw-2855	540	37	case	case	NOUN
taxlaw-2855	540	38	between	between	ADP
taxlaw-2855	540	39	unrelated	unrelated	ADJ
taxlaw-2855	540	40	entities	entity	NOUN
taxlaw-2855	540	41	.	.	PUNCT
taxlaw-2855	540	42	”	"	PUNCT
taxlaw-2855	540	43	)	)	PUNCT
taxlaw-2855	540	44	.	.	PUNCT
taxlaw-2855	541	1	2017	2017	NUM
taxlaw-2855	541	2	]	]	PUNCT
taxlaw-2855	541	3	a	a	DET
taxlaw-2855	541	4	framework	framework	NOUN
taxlaw-2855	541	5	for	for	ADP
taxlaw-2855	541	6	testing	test	VERB
taxlaw-2855	541	7	regulatory	regulatory	ADJ
taxlaw-2855	541	8	authority	authority	NOUN
taxlaw-2855	541	9	351	351	NUM
taxlaw-2855	541	10	when	when	SCONJ
taxlaw-2855	541	11	the	the	DET
taxlaw-2855	541	12	irs	irs	PROPN
taxlaw-2855	541	13	issued	issue	VERB
taxlaw-2855	541	14	regulations	regulation	NOUN
taxlaw-2855	541	15	under	under	ADP
taxlaw-2855	541	16	section	section	NOUN
taxlaw-2855	541	17	385	385	NUM
taxlaw-2855	541	18	in	in	ADP
taxlaw-2855	541	19	1981	1981	NUM
taxlaw-2855	541	20	,	,	PUNCT
taxlaw-2855	541	21	the	the	DET
taxlaw-2855	541	22	preamble	preamble	NOUN
taxlaw-2855	541	23	acknowledged	acknowledge	VERB
taxlaw-2855	541	24	that	that	SCONJ
taxlaw-2855	541	25	the	the	DET
taxlaw-2855	541	26	irs	irs	PROPN
taxlaw-2855	541	27	considered	consider	VERB
taxlaw-2855	541	28	treating	treat	VERB
taxlaw-2855	541	29	all	all	DET
taxlaw-2855	541	30	proportionately	proportionately	ADV
taxlaw-2855	541	31	-	-	PUNCT
taxlaw-2855	541	32	held	hold	VERB
taxlaw-2855	541	33	debt	debt	NOUN
taxlaw-2855	541	34	as	as	ADP
taxlaw-2855	541	35	stock	stock	NOUN
taxlaw-2855	541	36	,	,	PUNCT
taxlaw-2855	541	37	implying	imply	VERB
taxlaw-2855	541	38	that	that	SCONJ
taxlaw-2855	541	39	the	the	DET
taxlaw-2855	541	40	irs	irs	PROPN
taxlaw-2855	541	41	believed	believe	VERB
taxlaw-2855	541	42	it	it	PRON
taxlaw-2855	541	43	had	have	VERB
taxlaw-2855	541	44	authority	authority	NOUN
taxlaw-2855	541	45	to	to	PART
taxlaw-2855	541	46	do	do	AUX
taxlaw-2855	541	47	so.81	so.81	PROPN
taxlaw-2855	541	48	does	do	AUX
taxlaw-2855	541	49	the	the	DET
taxlaw-2855	541	50	related	relate	VERB
taxlaw-2855	541	51	party	party	NOUN
taxlaw-2855	541	52	context	context	NOUN
taxlaw-2855	541	53	so	so	ADV
taxlaw-2855	541	54	completely	completely	ADV
taxlaw-2855	541	55	cloud	cloud	VERB
taxlaw-2855	541	56	the	the	DET
taxlaw-2855	541	57	lens	lens	NOUN
taxlaw-2855	541	58	through	through	ADP
taxlaw-2855	541	59	which	which	PRON
taxlaw-2855	541	60	a	a	DET
taxlaw-2855	541	61	debt	debt	NOUN
taxlaw-2855	541	62	/	/	SYM
taxlaw-2855	541	63	equity	equity	NOUN
taxlaw-2855	541	64	analysis	analysis	NOUN
taxlaw-2855	541	65	is	be	AUX
taxlaw-2855	541	66	viewed	view	VERB
taxlaw-2855	541	67	that	that	SCONJ
taxlaw-2855	541	68	the	the	DET
taxlaw-2855	541	69	irs	irs	PROPN
taxlaw-2855	541	70	is	be	AUX
taxlaw-2855	541	71	within	within	ADP
taxlaw-2855	541	72	its	its	PRON
taxlaw-2855	541	73	authority	authority	NOUN
taxlaw-2855	541	74	under	under	ADP
taxlaw-2855	541	75	section	section	NOUN
taxlaw-2855	541	76	385	385	NUM
taxlaw-2855	541	77	to	to	PART
taxlaw-2855	541	78	recharacterize	recharacterize	VERB
taxlaw-2855	541	79	all	all	DET
taxlaw-2855	541	80	related	relate	VERB
taxlaw-2855	541	81	party	party	NOUN
taxlaw-2855	541	82	debt	debt	NOUN
taxlaw-2855	541	83	as	as	ADP
taxlaw-2855	541	84	equity	equity	NOUN
taxlaw-2855	541	85	?	?	PUNCT
taxlaw-2855	542	1	we	we	PRON
taxlaw-2855	542	2	are	be	AUX
taxlaw-2855	542	3	not	not	PART
taxlaw-2855	542	4	sure	sure	ADJ
taxlaw-2855	542	5	—	—	PUNCT
taxlaw-2855	542	6	there	there	PRON
taxlaw-2855	542	7	are	be	VERB
taxlaw-2855	542	8	plenty	plenty	NOUN
taxlaw-2855	542	9	of	of	ADP
taxlaw-2855	542	10	other	other	ADJ
taxlaw-2855	542	11	related	relate	VERB
taxlaw-2855	542	12	party	party	NOUN
taxlaw-2855	542	13	contracts	contract	NOUN
taxlaw-2855	542	14	that	that	PRON
taxlaw-2855	542	15	give	give	VERB
taxlaw-2855	542	16	rise	rise	NOUN
taxlaw-2855	542	17	to	to	ADP
taxlaw-2855	542	18	questions	question	NOUN
taxlaw-2855	542	19	about	about	ADP
taxlaw-2855	542	20	whether	whether	SCONJ
taxlaw-2855	542	21	the	the	DET
taxlaw-2855	542	22	parties	party	NOUN
taxlaw-2855	542	23	will	will	AUX
taxlaw-2855	542	24	act	act	VERB
taxlaw-2855	542	25	in	in	ADP
taxlaw-2855	542	26	accordance	accordance	NOUN
taxlaw-2855	542	27	with	with	ADP
taxlaw-2855	542	28	the	the	DET
taxlaw-2855	542	29	contract	contract	NOUN
taxlaw-2855	542	30	’s	’s	PART
taxlaw-2855	542	31	terms	term	NOUN
taxlaw-2855	542	32	,	,	PUNCT
taxlaw-2855	542	33	and	and	CCONJ
taxlaw-2855	542	34	absent	absent	ADJ
taxlaw-2855	542	35	evidence	evidence	NOUN
taxlaw-2855	542	36	the	the	DET
taxlaw-2855	542	37	parties	party	NOUN
taxlaw-2855	542	38	plan	plan	VERB
taxlaw-2855	542	39	to	to	PART
taxlaw-2855	542	40	ignore	ignore	VERB
taxlaw-2855	542	41	(	(	PUNCT
taxlaw-2855	542	42	or	or	CCONJ
taxlaw-2855	542	43	have	have	AUX
taxlaw-2855	542	44	ignored	ignore	VERB
taxlaw-2855	542	45	)	)	PUNCT
taxlaw-2855	542	46	their	their	PRON
taxlaw-2855	542	47	legal	legal	ADJ
taxlaw-2855	542	48	rights	right	NOUN
taxlaw-2855	542	49	and	and	CCONJ
taxlaw-2855	542	50	obligations	obligation	NOUN
taxlaw-2855	542	51	,	,	PUNCT
taxlaw-2855	542	52	such	such	ADJ
taxlaw-2855	542	53	contracts	contract	NOUN
taxlaw-2855	542	54	generally	generally	ADV
taxlaw-2855	542	55	are	be	AUX
taxlaw-2855	542	56	given	give	VERB
taxlaw-2855	542	57	effect	effect	NOUN
taxlaw-2855	542	58	for	for	ADP
taxlaw-2855	542	59	tax	tax	NOUN
taxlaw-2855	542	60	purposes.82	purposes.82	NOUN
taxlaw-2855	542	61	in	in	ADP
taxlaw-2855	542	62	any	any	DET
taxlaw-2855	542	63	event	event	NOUN
taxlaw-2855	542	64	,	,	PUNCT
taxlaw-2855	542	65	such	such	DET
taxlaw-2855	542	66	an	an	DET
taxlaw-2855	542	67	approach	approach	NOUN
taxlaw-2855	542	68	would	would	AUX
taxlaw-2855	542	69	have	have	AUX
taxlaw-2855	542	70	been	be	AUX
taxlaw-2855	542	71	,	,	PUNCT
taxlaw-2855	542	72	in	in	ADP
taxlaw-2855	542	73	our	our	PRON
taxlaw-2855	542	74	opinion	opinion	NOUN
taxlaw-2855	542	75	,	,	PUNCT
taxlaw-2855	542	76	more	more	ADV
taxlaw-2855	542	77	consistent	consistent	ADJ
taxlaw-2855	542	78	with	with	ADP
taxlaw-2855	542	79	the	the	DET
taxlaw-2855	542	80	irs	irs	PROPN
taxlaw-2855	542	81	’s	’s	PART
taxlaw-2855	542	82	authority	authority	NOUN
taxlaw-2855	542	83	than	than	ADP
taxlaw-2855	542	84	the	the	DET
taxlaw-2855	542	85	approach	approach	NOUN
taxlaw-2855	542	86	the	the	DET
taxlaw-2855	542	87	irs	irs	PROPN
taxlaw-2855	542	88	adopted	adopt	VERB
taxlaw-2855	542	89	with	with	ADP
taxlaw-2855	542	90	the	the	DET
taxlaw-2855	542	91	per	per	X
taxlaw-2855	542	92	se	se	X
taxlaw-2855	542	93	rule.83	rule.83	VERB
taxlaw-2855	542	94	the	the	DET
taxlaw-2855	542	95	“	"	PUNCT
taxlaw-2855	542	96	no	no	DET
taxlaw-2855	542	97	new	new	ADJ
taxlaw-2855	542	98	capital	capital	NOUN
taxlaw-2855	542	99	factor	factor	NOUN
taxlaw-2855	542	100	”	"	PUNCT
taxlaw-2855	542	101	is	be	AUX
taxlaw-2855	542	102	not	not	PART
taxlaw-2855	542	103	relevant	relevant	ADJ
taxlaw-2855	542	104	to	to	ADP
taxlaw-2855	542	105	the	the	DET
taxlaw-2855	542	106	question	question	NOUN
taxlaw-2855	542	107	of	of	ADP
taxlaw-2855	542	108	whether	whether	SCONJ
taxlaw-2855	542	109	an	an	DET
taxlaw-2855	542	110	instrument	instrument	NOUN
taxlaw-2855	542	111	is	be	AUX
taxlaw-2855	542	112	in	in	ADP
taxlaw-2855	542	113	substance	substance	NOUN
taxlaw-2855	542	114	debt	debt	NOUN
taxlaw-2855	542	115	or	or	CCONJ
taxlaw-2855	542	116	equity	equity	NOUN
taxlaw-2855	542	117	.	.	PUNCT
taxlaw-2855	543	1	there	there	PRON
taxlaw-2855	543	2	is	be	VERB
taxlaw-2855	543	3	no	no	DET
taxlaw-2855	543	4	logical	logical	ADJ
taxlaw-2855	543	5	connection	connection	NOUN
taxlaw-2855	543	6	between	between	ADP
taxlaw-2855	543	7	the	the	DET
taxlaw-2855	543	8	economic	economic	ADJ
taxlaw-2855	543	9	substance	substance	NOUN
taxlaw-2855	543	10	of	of	ADP
taxlaw-2855	543	11	an	an	DET
taxlaw-2855	543	12	instrument	instrument	NOUN
taxlaw-2855	543	13	(	(	PUNCT
taxlaw-2855	543	14	and	and	CCONJ
taxlaw-2855	543	15	the	the	DET
taxlaw-2855	543	16	nature	nature	NOUN
taxlaw-2855	543	17	of	of	ADP
taxlaw-2855	543	18	the	the	DET
taxlaw-2855	543	19	relationship	relationship	NOUN
taxlaw-2855	543	20	it	it	PRON
taxlaw-2855	543	21	creates	create	VERB
taxlaw-2855	543	22	)	)	PUNCT
taxlaw-2855	543	23	and	and	CCONJ
taxlaw-2855	543	24	the	the	DET
taxlaw-2855	543	25	fact	fact	NOUN
taxlaw-2855	543	26	that	that	SCONJ
taxlaw-2855	543	27	it	it	PRON
taxlaw-2855	543	28	was	be	AUX
taxlaw-2855	543	29	issued	issue	VERB
taxlaw-2855	543	30	as	as	ADP
taxlaw-2855	543	31	part	part	NOUN
taxlaw-2855	543	32	of	of	ADP
taxlaw-2855	543	33	a	a	DET
taxlaw-2855	543	34	recapitalization	recapitalization	NOUN
taxlaw-2855	543	35	or	or	CCONJ
taxlaw-2855	543	36	as	as	ADP
taxlaw-2855	543	37	a	a	DET
taxlaw-2855	543	38	dividend	dividend	NOUN
taxlaw-2855	543	39	,	,	PUNCT
taxlaw-2855	543	40	and	and	CCONJ
taxlaw-2855	543	41	the	the	DET
taxlaw-2855	543	42	vast	vast	ADJ
taxlaw-2855	543	43	majority	majority	NOUN
taxlaw-2855	543	44	of	of	ADP
taxlaw-2855	543	45	the	the	DET
taxlaw-2855	543	46	case	case	NOUN
taxlaw-2855	543	47	law	law	NOUN
taxlaw-2855	543	48	and	and	CCONJ
taxlaw-2855	543	49	irs	irs	PROPN
taxlaw-2855	543	50	guidance	guidance	NOUN
taxlaw-2855	543	51	has	have	AUX
taxlaw-2855	543	52	not	not	PART
taxlaw-2855	543	53	considered	consider	VERB
taxlaw-2855	543	54	this	this	PRON
taxlaw-2855	543	55	a	a	DET
taxlaw-2855	543	56	relevant	relevant	ADJ
taxlaw-2855	543	57	factor	factor	NOUN
taxlaw-2855	543	58	.	.	PUNCT
taxlaw-2855	544	1	of	of	ADP
taxlaw-2855	544	2	the	the	DET
taxlaw-2855	544	3	three	three	NUM
taxlaw-2855	544	4	cases	case	NOUN
taxlaw-2855	544	5	the	the	DET
taxlaw-2855	544	6	irs	irs	PROPN
taxlaw-2855	544	7	adduced	adduce	VERB
taxlaw-2855	544	8	to	to	PART
taxlaw-2855	544	9	support	support	VERB
taxlaw-2855	544	10	its	its	PRON
taxlaw-2855	544	11	position	position	NOUN
taxlaw-2855	544	12	(	(	PUNCT
taxlaw-2855	544	13	kraft	kraft	PROPN
taxlaw-2855	544	14	,	,	PUNCT
taxlaw-2855	544	15	talbot	talbot	PROPN
taxlaw-2855	544	16	mills	mill	NOUN
taxlaw-2855	544	17	,	,	PUNCT
taxlaw-2855	544	18	and	and	CCONJ
taxlaw-2855	544	19	sayles	sayles	PROPN
taxlaw-2855	544	20	fishing	fishing	NOUN
taxlaw-2855	544	21	)	)	PUNCT
taxlaw-2855	544	22	,	,	PUNCT
taxlaw-2855	544	23	the	the	DET
taxlaw-2855	544	24	case	case	NOUN
taxlaw-2855	544	25	that	that	PRON
taxlaw-2855	544	26	considers	consider	VERB
taxlaw-2855	544	27	the	the	DET
taxlaw-2855	544	28	issue	issue	NOUN
taxlaw-2855	544	29	most	most	ADV
taxlaw-2855	544	30	thoroughly	thoroughly	ADV
taxlaw-2855	544	31	,	,	PUNCT
taxlaw-2855	544	32	kraft	kraft	NOUN
taxlaw-2855	544	33	,	,	PUNCT
taxlaw-2855	544	34	determined	determine	VERB
taxlaw-2855	544	35	that	that	SCONJ
taxlaw-2855	544	36	the	the	DET
taxlaw-2855	544	37	fact	fact	NOUN
taxlaw-2855	544	38	that	that	SCONJ
taxlaw-2855	544	39	the	the	DET
taxlaw-2855	544	40	notes	note	NOUN
taxlaw-2855	544	41	were	be	AUX
taxlaw-2855	544	42	issued	issue	VERB
taxlaw-2855	544	43	in	in	ADP
taxlaw-2855	544	44	a	a	DET
taxlaw-2855	544	45	distribution	distribution	NOUN
taxlaw-2855	544	46	was	be	AUX
taxlaw-2855	544	47	not	not	PART
taxlaw-2855	544	48	a	a	DET
taxlaw-2855	544	49	relevant	relevant	ADJ
taxlaw-2855	544	50	factor	factor	NOUN
taxlaw-2855	544	51	,	,	PUNCT
taxlaw-2855	544	52	let	let	VERB
taxlaw-2855	544	53	alone	alone	ADV
taxlaw-2855	544	54	a	a	DET
taxlaw-2855	544	55	determinative	determinative	ADJ
taxlaw-2855	544	56	one	one	NOUN
taxlaw-2855	544	57	.	.	PUNCT
taxlaw-2855	545	1	the	the	DET
taxlaw-2855	545	2	court	court	NOUN
taxlaw-2855	545	3	stated	state	VERB
taxlaw-2855	545	4	that	that	SCONJ
taxlaw-2855	545	5	the	the	DET
taxlaw-2855	545	6	code	code	NOUN
taxlaw-2855	545	7	“	"	PUNCT
taxlaw-2855	545	8	recognizes	recognize	VERB
taxlaw-2855	545	9	that	that	SCONJ
taxlaw-2855	545	10	indebtedness	indebtedness	NOUN
taxlaw-2855	545	11	may	may	AUX
taxlaw-2855	545	12	be	be	AUX
taxlaw-2855	545	13	created	create	VERB
taxlaw-2855	545	14	by	by	ADP
taxlaw-2855	545	15	a	a	DET
taxlaw-2855	545	16	81	81	NUM
taxlaw-2855	545	17	they	they	PRON
taxlaw-2855	545	18	ultimately	ultimately	ADV
taxlaw-2855	545	19	rejected	reject	VERB
taxlaw-2855	545	20	this	this	DET
taxlaw-2855	545	21	approach	approach	NOUN
taxlaw-2855	545	22	because	because	SCONJ
taxlaw-2855	545	23	“	"	PUNCT
taxlaw-2855	545	24	treasury	treasury	PROPN
taxlaw-2855	545	25	believed	believe	VERB
taxlaw-2855	545	26	it	it	PRON
taxlaw-2855	545	27	would	would	AUX
taxlaw-2855	545	28	have	have	AUX
taxlaw-2855	545	29	been	be	AUX
taxlaw-2855	545	30	unsound	unsound	ADJ
taxlaw-2855	545	31	policy	policy	NOUN
taxlaw-2855	545	32	in	in	ADP
taxlaw-2855	545	33	effect	effect	NOUN
taxlaw-2855	545	34	to	to	PART
taxlaw-2855	545	35	deny	deny	VERB
taxlaw-2855	545	36	corporations	corporation	NOUN
taxlaw-2855	545	37	access	access	NOUN
taxlaw-2855	545	38	to	to	ADP
taxlaw-2855	545	39	shareholder	shareholder	NOUN
taxlaw-2855	545	40	capital	capital	NOUN
taxlaw-2855	545	41	in	in	ADP
taxlaw-2855	545	42	the	the	DET
taxlaw-2855	545	43	form	form	NOUN
taxlaw-2855	545	44	of	of	ADP
taxlaw-2855	545	45	indebtedness	indebtedness	NOUN
taxlaw-2855	545	46	when	when	SCONJ
taxlaw-2855	545	47	loans	loan	NOUN
taxlaw-2855	545	48	on	on	ADP
taxlaw-2855	545	49	the	the	DET
taxlaw-2855	545	50	same	same	ADJ
taxlaw-2855	545	51	terms	term	NOUN
taxlaw-2855	545	52	could	could	AUX
taxlaw-2855	545	53	have	have	AUX
taxlaw-2855	545	54	been	be	AUX
taxlaw-2855	545	55	obtained	obtain	VERB
taxlaw-2855	545	56	from	from	ADP
taxlaw-2855	545	57	independent	independent	ADJ
taxlaw-2855	545	58	lenders	lender	NOUN
taxlaw-2855	545	59	.	.	PUNCT
taxlaw-2855	545	60	”	"	PUNCT
taxlaw-2855	546	1	45	45	NUM
taxlaw-2855	546	2	fr	fr	PROPN
taxlaw-2855	546	3	86440	86440	NUM
taxlaw-2855	546	4	(	(	PUNCT
taxlaw-2855	546	5	dec	dec	PROPN
taxlaw-2855	546	6	.	.	PROPN
taxlaw-2855	546	7	31	31	NUM
taxlaw-2855	546	8	,	,	PUNCT
taxlaw-2855	546	9	1980	1980	NUM
taxlaw-2855	546	10	)	)	PUNCT
taxlaw-2855	546	11	.	.	PUNCT
taxlaw-2855	547	1	these	these	DET
taxlaw-2855	547	2	regulations	regulation	NOUN
taxlaw-2855	547	3	were	be	AUX
taxlaw-2855	547	4	never	never	ADV
taxlaw-2855	547	5	effective	effective	ADJ
taxlaw-2855	547	6	and	and	CCONJ
taxlaw-2855	547	7	were	be	AUX
taxlaw-2855	547	8	withdrawn	withdraw	VERB
taxlaw-2855	547	9	.	.	PUNCT
taxlaw-2855	548	1	t.d	t.d	X
taxlaw-2855	548	2	.	.	PROPN
taxlaw-2855	548	3	7920	7920	NUM
taxlaw-2855	548	4	,	,	PUNCT
taxlaw-2855	548	5	1983	1983	NUM
taxlaw-2855	548	6	-	-	SYM
taxlaw-2855	548	7	2	2	NUM
taxlaw-2855	548	8	c.b	c.b	PROPN
taxlaw-2855	548	9	.	.	PROPN
taxlaw-2855	548	10	69	69	NUM
taxlaw-2855	548	11	.	.	PUNCT
taxlaw-2855	549	1	82	82	NUM
taxlaw-2855	549	2	see	see	VERB
taxlaw-2855	549	3	,	,	PUNCT
taxlaw-2855	549	4	e.g.	e.g.	ADV
taxlaw-2855	549	5	,	,	PUNCT
taxlaw-2855	549	6	kenco	kenco	NOUN
taxlaw-2855	549	7	restaurants	restaurant	NOUN
taxlaw-2855	549	8	,	,	PUNCT
taxlaw-2855	549	9	inc	inc	PROPN
taxlaw-2855	549	10	.	.	PROPN
taxlaw-2855	550	1	v.	v.	PROPN
taxlaw-2855	550	2	commissioner	commissioner	PROPN
taxlaw-2855	550	3	,	,	PUNCT
taxlaw-2855	550	4	206	206	NUM
taxlaw-2855	550	5	f.3d	f.3d	NUM
taxlaw-2855	550	6	588	588	NUM
taxlaw-2855	550	7	,	,	PUNCT
taxlaw-2855	550	8	595	595	NUM
taxlaw-2855	550	9	(	(	PUNCT
taxlaw-2855	550	10	6th	6th	ADJ
taxlaw-2855	550	11	cir	cir	NOUN
taxlaw-2855	550	12	.	.	PROPN
taxlaw-2855	550	13	2000	2000	NUM
taxlaw-2855	550	14	)	)	PUNCT
taxlaw-2855	551	1	(	(	PUNCT
taxlaw-2855	551	2	noting	note	VERB
taxlaw-2855	551	3	that	that	SCONJ
taxlaw-2855	551	4	section	section	NOUN
taxlaw-2855	551	5	482	482	NUM
taxlaw-2855	551	6	only	only	ADV
taxlaw-2855	551	7	justifies	justify	VERB
taxlaw-2855	551	8	transfer	transfer	NOUN
taxlaw-2855	551	9	pricing	pricing	NOUN
taxlaw-2855	551	10	reallocations	reallocation	NOUN
taxlaw-2855	551	11	if	if	SCONJ
taxlaw-2855	551	12	“	"	PUNCT
taxlaw-2855	551	13	an	an	DET
taxlaw-2855	551	14	arrangement	arrangement	NOUN
taxlaw-2855	551	15	between	between	ADP
taxlaw-2855	551	16	related	related	ADJ
taxlaw-2855	551	17	parties	party	NOUN
taxlaw-2855	551	18	differs	differ	VERB
taxlaw-2855	551	19	from	from	ADP
taxlaw-2855	551	20	those	those	PRON
taxlaw-2855	551	21	reached	reach	VERB
taxlaw-2855	551	22	in	in	ADP
taxlaw-2855	551	23	an	an	DET
taxlaw-2855	551	24	uncontrolled	uncontrolled	ADJ
taxlaw-2855	551	25	,	,	PUNCT
taxlaw-2855	551	26	arm’s	arm’s	NUM
taxlaw-2855	551	27	-	-	PUNCT
taxlaw-2855	551	28	length	length	NOUN
taxlaw-2855	551	29	dealing	dealing	NOUN
taxlaw-2855	551	30	”	"	PUNCT
taxlaw-2855	551	31	)	)	PUNCT
taxlaw-2855	551	32	.	.	PUNCT
taxlaw-2855	552	1	if	if	SCONJ
taxlaw-2855	552	2	the	the	DET
taxlaw-2855	552	3	irs	irs	PROPN
taxlaw-2855	552	4	were	be	AUX
taxlaw-2855	552	5	to	to	PART
taxlaw-2855	552	6	adopt	adopt	VERB
taxlaw-2855	552	7	a	a	DET
taxlaw-2855	552	8	rule	rule	NOUN
taxlaw-2855	552	9	recharacterizing	recharacterize	VERB
taxlaw-2855	552	10	all	all	DET
taxlaw-2855	552	11	related	related	ADJ
taxlaw-2855	552	12	party	party	NOUN
taxlaw-2855	552	13	debt	debt	NOUN
taxlaw-2855	552	14	as	as	ADP
taxlaw-2855	552	15	equity	equity	NOUN
taxlaw-2855	552	16	,	,	PUNCT
taxlaw-2855	552	17	we	we	PRON
taxlaw-2855	552	18	believe	believe	VERB
taxlaw-2855	552	19	it	it	PRON
taxlaw-2855	552	20	would	would	AUX
taxlaw-2855	552	21	be	be	AUX
taxlaw-2855	552	22	appropriate	appropriate	ADJ
taxlaw-2855	552	23	to	to	PART
taxlaw-2855	552	24	adopt	adopt	VERB
taxlaw-2855	552	25	correlative	correlative	ADJ
taxlaw-2855	552	26	changes	change	NOUN
taxlaw-2855	552	27	to	to	ADP
taxlaw-2855	552	28	the	the	DET
taxlaw-2855	552	29	code	code	NOUN
taxlaw-2855	552	30	to	to	PART
taxlaw-2855	552	31	account	account	VERB
taxlaw-2855	552	32	for	for	ADP
taxlaw-2855	552	33	the	the	DET
taxlaw-2855	552	34	economics	economic	NOUN
taxlaw-2855	552	35	of	of	ADP
taxlaw-2855	552	36	third	third	ADJ
taxlaw-2855	552	37	party	party	NOUN
taxlaw-2855	552	38	borrowing	borrowing	NOUN
taxlaw-2855	552	39	in	in	ADP
taxlaw-2855	552	40	the	the	DET
taxlaw-2855	552	41	context	context	NOUN
taxlaw-2855	552	42	of	of	ADP
taxlaw-2855	552	43	a	a	DET
taxlaw-2855	552	44	consolidated	consolidated	ADJ
taxlaw-2855	552	45	group	group	NOUN
taxlaw-2855	552	46	.	.	PUNCT
taxlaw-2855	553	1	as	as	SCONJ
taxlaw-2855	553	2	debbie	debbie	PROPN
taxlaw-2855	553	3	paul	paul	PROPN
taxlaw-2855	553	4	noted	note	VERB
taxlaw-2855	553	5	in	in	ADP
taxlaw-2855	553	6	her	her	PRON
taxlaw-2855	553	7	article	article	NOUN
taxlaw-2855	553	8	on	on	ADP
taxlaw-2855	553	9	july	july	PROPN
taxlaw-2855	553	10	25	25	NUM
taxlaw-2855	553	11	,	,	PUNCT
taxlaw-2855	553	12	2016	2016	NUM
taxlaw-2855	553	13	,	,	PUNCT
taxlaw-2855	553	14	it	it	PRON
taxlaw-2855	553	15	is	be	AUX
taxlaw-2855	553	16	often	often	ADV
taxlaw-2855	553	17	more	more	ADV
taxlaw-2855	553	18	efficient	efficient	ADJ
taxlaw-2855	553	19	to	to	PART
taxlaw-2855	553	20	have	have	VERB
taxlaw-2855	553	21	a	a	DET
taxlaw-2855	553	22	single	single	ADJ
taxlaw-2855	553	23	group	group	NOUN
taxlaw-2855	553	24	member	member	NOUN
taxlaw-2855	553	25	be	be	AUX
taxlaw-2855	553	26	a	a	DET
taxlaw-2855	553	27	third	third	ADJ
taxlaw-2855	553	28	party	party	NOUN
taxlaw-2855	553	29	borrower	borrower	NOUN
taxlaw-2855	553	30	,	,	PUNCT
taxlaw-2855	553	31	the	the	DET
taxlaw-2855	553	32	creditors	creditor	NOUN
taxlaw-2855	553	33	of	of	ADP
taxlaw-2855	553	34	which	which	PRON
taxlaw-2855	553	35	rely	rely	VERB
taxlaw-2855	553	36	on	on	ADP
taxlaw-2855	553	37	the	the	DET
taxlaw-2855	553	38	equity	equity	NOUN
taxlaw-2855	553	39	of	of	ADP
taxlaw-2855	553	40	the	the	DET
taxlaw-2855	553	41	borrower	borrower	NOUN
taxlaw-2855	553	42	’s	’s	PART
taxlaw-2855	553	43	affiliates	affiliate	NOUN
taxlaw-2855	553	44	to	to	PART
taxlaw-2855	553	45	support	support	VERB
taxlaw-2855	553	46	the	the	DET
taxlaw-2855	553	47	debt	debt	NOUN
taxlaw-2855	553	48	.	.	PUNCT
taxlaw-2855	554	1	related	relate	VERB
taxlaw-2855	554	2	party	party	NOUN
taxlaw-2855	554	3	debt	debt	NOUN
taxlaw-2855	554	4	(	(	PUNCT
taxlaw-2855	554	5	when	when	SCONJ
taxlaw-2855	554	6	issued	issue	VERB
taxlaw-2855	554	7	in	in	ADP
taxlaw-2855	554	8	appropriate	appropriate	ADJ
taxlaw-2855	554	9	amounts	amount	NOUN
taxlaw-2855	554	10	)	)	PUNCT
taxlaw-2855	554	11	is	be	AUX
taxlaw-2855	554	12	therefore	therefore	ADV
taxlaw-2855	554	13	a	a	DET
taxlaw-2855	554	14	mechanism	mechanism	NOUN
taxlaw-2855	554	15	to	to	PART
taxlaw-2855	554	16	allocate	allocate	VERB
taxlaw-2855	554	17	interest	interest	NOUN
taxlaw-2855	554	18	deductions	deduction	NOUN
taxlaw-2855	554	19	with	with	ADP
taxlaw-2855	554	20	the	the	DET
taxlaw-2855	554	21	group	group	NOUN
taxlaw-2855	554	22	members	member	NOUN
taxlaw-2855	554	23	that	that	PRON
taxlaw-2855	554	24	are	be	AUX
taxlaw-2855	554	25	effectively	effectively	ADV
taxlaw-2855	554	26	supporting	support	VERB
taxlaw-2855	554	27	the	the	DET
taxlaw-2855	554	28	third	third	ADJ
taxlaw-2855	554	29	party	party	NOUN
taxlaw-2855	554	30	borrowing	borrowing	NOUN
taxlaw-2855	554	31	.	.	PUNCT
taxlaw-2855	555	1	if	if	SCONJ
taxlaw-2855	555	2	related	relate	VERB
taxlaw-2855	555	3	party	party	NOUN
taxlaw-2855	555	4	debt	debt	NOUN
taxlaw-2855	555	5	were	be	AUX
taxlaw-2855	555	6	ignored	ignore	VERB
taxlaw-2855	555	7	for	for	ADP
taxlaw-2855	555	8	tax	tax	NOUN
taxlaw-2855	555	9	purposes	purpose	NOUN
taxlaw-2855	555	10	and	and	CCONJ
taxlaw-2855	555	11	no	no	DET
taxlaw-2855	555	12	additional	additional	ADJ
taxlaw-2855	555	13	changes	change	NOUN
taxlaw-2855	555	14	were	be	AUX
taxlaw-2855	555	15	made	make	VERB
taxlaw-2855	555	16	to	to	ADP
taxlaw-2855	555	17	the	the	DET
taxlaw-2855	555	18	code	code	NOUN
taxlaw-2855	555	19	,	,	PUNCT
taxlaw-2855	555	20	the	the	DET
taxlaw-2855	555	21	result	result	NOUN
taxlaw-2855	555	22	would	would	AUX
taxlaw-2855	555	23	be	be	AUX
taxlaw-2855	555	24	a	a	DET
taxlaw-2855	555	25	non	non	ADJ
taxlaw-2855	555	26	-	-	ADJ
taxlaw-2855	555	27	economic	economic	ADJ
taxlaw-2855	555	28	allocation	allocation	NOUN
taxlaw-2855	555	29	of	of	ADP
taxlaw-2855	555	30	the	the	DET
taxlaw-2855	555	31	interest	interest	NOUN
taxlaw-2855	555	32	expense	expense	NOUN
taxlaw-2855	555	33	100	100	NUM
taxlaw-2855	555	34	%	%	NOUN
taxlaw-2855	555	35	to	to	ADP
taxlaw-2855	555	36	the	the	DET
taxlaw-2855	555	37	third	third	ADJ
taxlaw-2855	555	38	party	party	NOUN
taxlaw-2855	555	39	borrower	borrower	NOUN
taxlaw-2855	555	40	,	,	PUNCT
taxlaw-2855	555	41	even	even	ADV
taxlaw-2855	555	42	if	if	SCONJ
taxlaw-2855	555	43	the	the	DET
taxlaw-2855	555	44	third	third	ADJ
taxlaw-2855	555	45	party	party	NOUN
taxlaw-2855	555	46	creditors	creditor	NOUN
taxlaw-2855	555	47	are	be	AUX
taxlaw-2855	555	48	relying	rely	VERB
taxlaw-2855	555	49	in	in	ADP
taxlaw-2855	555	50	part	part	NOUN
taxlaw-2855	555	51	on	on	ADP
taxlaw-2855	555	52	the	the	DET
taxlaw-2855	555	53	credit	credit	NOUN
taxlaw-2855	555	54	support	support	NOUN
taxlaw-2855	555	55	of	of	ADP
taxlaw-2855	555	56	lower	low	ADJ
taxlaw-2855	555	57	-	-	PUNCT
taxlaw-2855	555	58	tier	tier	NOUN
taxlaw-2855	555	59	subsidiaries	subsidiary	NOUN
taxlaw-2855	555	60	.	.	PUNCT
taxlaw-2855	556	1	deborah	deborah	PROPN
taxlaw-2855	556	2	l.	l.	PROPN
taxlaw-2855	556	3	paul	paul	PROPN
taxlaw-2855	556	4	,	,	PUNCT
taxlaw-2855	556	5	how	how	SCONJ
taxlaw-2855	556	6	to	to	PART
taxlaw-2855	556	7	kraft	kraft	VERB
taxlaw-2855	556	8	(	(	PUNCT
taxlaw-2855	556	9	or	or	CCONJ
taxlaw-2855	556	10	not	not	PART
taxlaw-2855	556	11	kraft	kraft	NOUN
taxlaw-2855	556	12	)	)	PUNCT
taxlaw-2855	556	13	debt	debt	NOUN
taxlaw-2855	556	14	-	-	PUNCT
taxlaw-2855	556	15	equity	equity	NOUN
taxlaw-2855	556	16	regulations	regulation	NOUN
taxlaw-2855	556	17	,	,	PUNCT
taxlaw-2855	556	18	152	152	NUM
taxlaw-2855	556	19	tax	tax	NOUN
taxlaw-2855	556	20	notes	note	NOUN
taxlaw-2855	556	21	525	525	NUM
taxlaw-2855	556	22	(	(	PUNCT
taxlaw-2855	556	23	2016	2016	NUM
taxlaw-2855	556	24	)	)	PUNCT
taxlaw-2855	556	25	.	.	PUNCT
taxlaw-2855	557	1	83	83	NUM
taxlaw-2855	557	2	as	as	SCONJ
taxlaw-2855	557	3	noted	note	VERB
taxlaw-2855	557	4	(	(	PUNCT
taxlaw-2855	557	5	and	and	CCONJ
taxlaw-2855	557	6	rejected	reject	VERB
taxlaw-2855	557	7	)	)	PUNCT
taxlaw-2855	557	8	above	above	ADV
taxlaw-2855	557	9	,	,	PUNCT
taxlaw-2855	557	10	one	one	PRON
taxlaw-2855	557	11	might	might	AUX
taxlaw-2855	557	12	argue	argue	VERB
taxlaw-2855	557	13	that	that	SCONJ
taxlaw-2855	557	14	because	because	SCONJ
taxlaw-2855	557	15	the	the	DET
taxlaw-2855	557	16	irs	irs	PROPN
taxlaw-2855	557	17	could	could	AUX
taxlaw-2855	557	18	have	have	AUX
taxlaw-2855	557	19	taken	take	VERB
taxlaw-2855	557	20	an	an	DET
taxlaw-2855	557	21	even	even	ADV
taxlaw-2855	557	22	broader	broad	ADJ
taxlaw-2855	557	23	approach	approach	NOUN
taxlaw-2855	557	24	to	to	ADP
taxlaw-2855	557	25	recharacterizing	recharacterize	VERB
taxlaw-2855	557	26	debt	debt	NOUN
taxlaw-2855	557	27	as	as	ADP
taxlaw-2855	557	28	equity	equity	NOUN
taxlaw-2855	557	29	in	in	ADP
taxlaw-2855	557	30	the	the	DET
taxlaw-2855	557	31	related	relate	VERB
taxlaw-2855	557	32	-	-	PUNCT
taxlaw-2855	557	33	party	party	NOUN
taxlaw-2855	557	34	context	context	NOUN
taxlaw-2855	557	35	,	,	PUNCT
taxlaw-2855	557	36	the	the	DET
taxlaw-2855	557	37	irs	irs	PROPN
taxlaw-2855	557	38	can	can	AUX
taxlaw-2855	557	39	not	not	PART
taxlaw-2855	557	40	be	be	AUX
taxlaw-2855	557	41	restricted	restrict	VERB
taxlaw-2855	557	42	from	from	ADP
taxlaw-2855	557	43	adopting	adopt	VERB
taxlaw-2855	557	44	a	a	DET
taxlaw-2855	557	45	more	more	ADV
taxlaw-2855	557	46	limited	limited	ADJ
taxlaw-2855	557	47	approach	approach	NOUN
taxlaw-2855	557	48	.	.	PUNCT
taxlaw-2855	558	1	in	in	ADP
taxlaw-2855	558	2	other	other	ADJ
taxlaw-2855	558	3	words	word	NOUN
taxlaw-2855	558	4	,	,	PUNCT
taxlaw-2855	558	5	the	the	DET
taxlaw-2855	558	6	irs	irs	PROPN
taxlaw-2855	558	7	could	could	AUX
taxlaw-2855	558	8	have	have	AUX
taxlaw-2855	558	9	declared	declare	VERB
taxlaw-2855	558	10	all	all	DET
taxlaw-2855	558	11	related	relate	VERB
taxlaw-2855	558	12	-	-	PUNCT
taxlaw-2855	558	13	party	party	NOUN
taxlaw-2855	558	14	debt	debt	NOUN
taxlaw-2855	558	15	to	to	PART
taxlaw-2855	558	16	be	be	AUX
taxlaw-2855	558	17	equity	equity	NOUN
taxlaw-2855	558	18	and	and	CCONJ
taxlaw-2855	558	19	then	then	ADV
taxlaw-2855	558	20	provided	provide	VERB
taxlaw-2855	558	21	specific	specific	ADJ
taxlaw-2855	558	22	exceptions	exception	NOUN
taxlaw-2855	558	23	precisely	precisely	ADV
taxlaw-2855	558	24	to	to	PART
taxlaw-2855	558	25	arrive	arrive	VERB
taxlaw-2855	558	26	at	at	ADP
taxlaw-2855	558	27	the	the	DET
taxlaw-2855	558	28	per	per	X
taxlaw-2855	558	29	se	se	X
taxlaw-2855	558	30	rule	rule	NOUN
taxlaw-2855	558	31	.	.	PUNCT
taxlaw-2855	559	1	but	but	CCONJ
taxlaw-2855	559	2	that	that	DET
taxlaw-2855	559	3	argument	argument	NOUN
taxlaw-2855	559	4	can	can	AUX
taxlaw-2855	559	5	not	not	PART
taxlaw-2855	559	6	prevail	prevail	VERB
taxlaw-2855	559	7	for	for	ADP
taxlaw-2855	559	8	the	the	DET
taxlaw-2855	559	9	reasons	reason	NOUN
taxlaw-2855	559	10	discussed	discuss	VERB
taxlaw-2855	559	11	in	in	ADP
taxlaw-2855	559	12	part	part	NOUN
taxlaw-2855	559	13	i.	i.	NOUN
taxlaw-2855	559	14	if	if	SCONJ
taxlaw-2855	559	15	the	the	DET
taxlaw-2855	559	16	broader	broad	ADJ
taxlaw-2855	559	17	approach	approach	NOUN
taxlaw-2855	559	18	is	be	AUX
taxlaw-2855	559	19	authorized	authorize	VERB
taxlaw-2855	559	20	because	because	SCONJ
taxlaw-2855	559	21	the	the	DET
taxlaw-2855	559	22	irs	irs	PROPN
taxlaw-2855	559	23	considered	consider	VERB
taxlaw-2855	559	24	factors	factor	NOUN
taxlaw-2855	559	25	germane	germane	ADJ
taxlaw-2855	559	26	to	to	ADP
taxlaw-2855	559	27	the	the	DET
taxlaw-2855	559	28	question	question	NOUN
taxlaw-2855	559	29	,	,	PUNCT
taxlaw-2855	559	30	in	in	ADP
taxlaw-2855	559	31	order	order	NOUN
taxlaw-2855	559	32	for	for	ADP
taxlaw-2855	559	33	the	the	DET
taxlaw-2855	559	34	“	"	PUNCT
taxlaw-2855	559	35	exclusions	exclusion	NOUN
taxlaw-2855	559	36	”	"	PUNCT
taxlaw-2855	559	37	to	to	PART
taxlaw-2855	559	38	be	be	AUX
taxlaw-2855	559	39	authorized	authorize	VERB
taxlaw-2855	559	40	,	,	PUNCT
taxlaw-2855	559	41	the	the	DET
taxlaw-2855	559	42	“	"	PUNCT
taxlaw-2855	559	43	exclusions	exclusion	NOUN
taxlaw-2855	559	44	”	"	PUNCT
taxlaw-2855	559	45	must	must	AUX
taxlaw-2855	559	46	have	have	VERB
taxlaw-2855	559	47	the	the	DET
taxlaw-2855	559	48	same	same	ADJ
taxlaw-2855	559	49	logical	logical	ADJ
taxlaw-2855	559	50	connection	connection	NOUN
taxlaw-2855	559	51	to	to	ADP
taxlaw-2855	559	52	the	the	DET
taxlaw-2855	559	53	substantive	substantive	ADJ
taxlaw-2855	559	54	debt	debt	NOUN
taxlaw-2855	559	55	/	/	SYM
taxlaw-2855	559	56	equity	equity	NOUN
taxlaw-2855	559	57	inquiry	inquiry	NOUN
taxlaw-2855	559	58	.	.	PUNCT
taxlaw-2855	560	1	352	352	NUM
taxlaw-2855	560	2	columbia	columbia	PROPN
taxlaw-2855	560	3	journal	journal	PROPN
taxlaw-2855	560	4	of	of	ADP
taxlaw-2855	560	5	tax	tax	NOUN
taxlaw-2855	560	6	law	law	NOUN
taxlaw-2855	560	7	[	[	X
taxlaw-2855	560	8	vol.8:326	vol.8:326	ADP
taxlaw-2855	560	9	distribution	distribution	NOUN
taxlaw-2855	560	10	or	or	CCONJ
taxlaw-2855	560	11	by	by	ADP
taxlaw-2855	560	12	a	a	DET
taxlaw-2855	560	13	recapitalization	recapitalization	NOUN
taxlaw-2855	560	14	exchange	exchange	NOUN
taxlaw-2855	560	15	through	through	ADP
taxlaw-2855	560	16	the	the	DET
taxlaw-2855	560	17	issuance	issuance	NOUN
taxlaw-2855	560	18	of	of	ADP
taxlaw-2855	560	19	securities	security	NOUN
taxlaw-2855	560	20	out	out	ADP
taxlaw-2855	560	21	of	of	ADP
taxlaw-2855	560	22	capital	capital	NOUN
taxlaw-2855	560	23	or	or	CCONJ
taxlaw-2855	560	24	earnings	earning	NOUN
taxlaw-2855	560	25	or	or	CCONJ
taxlaw-2855	560	26	both	both	PRON
taxlaw-2855	560	27	,	,	PUNCT
taxlaw-2855	560	28	though	though	SCONJ
taxlaw-2855	560	29	the	the	DET
taxlaw-2855	560	30	tax	tax	NOUN
taxlaw-2855	560	31	treatment	treatment	NOUN
taxlaw-2855	560	32	may	may	AUX
taxlaw-2855	560	33	vary	vary	VERB
taxlaw-2855	560	34	with	with	ADP
taxlaw-2855	560	35	the	the	DET
taxlaw-2855	560	36	method	method	NOUN
taxlaw-2855	560	37	chosen	choose	VERB
taxlaw-2855	560	38	.	.	PUNCT
taxlaw-2855	561	1	”84	”84	NOUN
taxlaw-2855	561	2	in	in	ADP
taxlaw-2855	561	3	addition	addition	NOUN
taxlaw-2855	561	4	,	,	PUNCT
taxlaw-2855	561	5	congress	congress	PROPN
taxlaw-2855	561	6	did	do	AUX
taxlaw-2855	561	7	not	not	PART
taxlaw-2855	561	8	consider	consider	VERB
taxlaw-2855	561	9	the	the	DET
taxlaw-2855	561	10	“	"	PUNCT
taxlaw-2855	561	11	no	no	DET
taxlaw-2855	561	12	new	new	ADJ
taxlaw-2855	561	13	capital	capital	NOUN
taxlaw-2855	561	14	factor	factor	NOUN
taxlaw-2855	561	15	”	"	PUNCT
taxlaw-2855	561	16	to	to	PART
taxlaw-2855	561	17	be	be	AUX
taxlaw-2855	561	18	germane	germane	ADJ
taxlaw-2855	561	19	to	to	ADP
taxlaw-2855	561	20	the	the	DET
taxlaw-2855	561	21	debt	debt	NOUN
taxlaw-2855	561	22	/	/	SYM
taxlaw-2855	561	23	equity	equity	NOUN
taxlaw-2855	561	24	inquiry	inquiry	NOUN
taxlaw-2855	561	25	in	in	ADP
taxlaw-2855	561	26	1984	1984	NUM
taxlaw-2855	561	27	when	when	SCONJ
taxlaw-2855	561	28	congress	congress	PROPN
taxlaw-2855	561	29	added	add	VERB
taxlaw-2855	561	30	section	section	NOUN
taxlaw-2855	561	31	1275(a)(4	1275(a)(4	NUM
taxlaw-2855	561	32	)	)	PUNCT
taxlaw-2855	561	33	to	to	ADP
taxlaw-2855	561	34	the	the	DET
taxlaw-2855	561	35	code	code	NOUN
taxlaw-2855	561	36	and	and	CCONJ
taxlaw-2855	561	37	amended	amend	VERB
taxlaw-2855	561	38	section	section	NOUN
taxlaw-2855	561	39	312(a)(4	312(a)(4	NUM
taxlaw-2855	561	40	)	)	PUNCT
taxlaw-2855	561	41	,	,	PUNCT
taxlaw-2855	561	42	each	each	PRON
taxlaw-2855	561	43	of	of	ADP
taxlaw-2855	561	44	which	which	PRON
taxlaw-2855	561	45	provide	provide	VERB
taxlaw-2855	561	46	rules	rule	NOUN
taxlaw-2855	561	47	that	that	PRON
taxlaw-2855	561	48	apply	apply	VERB
taxlaw-2855	561	49	when	when	SCONJ
taxlaw-2855	561	50	a	a	DET
taxlaw-2855	561	51	corporation	corporation	NOUN
taxlaw-2855	561	52	distributes	distribute	VERB
taxlaw-2855	561	53	its	its	PRON
taxlaw-2855	561	54	own	own	ADJ
taxlaw-2855	561	55	note	note	NOUN
taxlaw-2855	561	56	as	as	ADP
taxlaw-2855	561	57	a	a	DET
taxlaw-2855	561	58	distribution	distribution	NOUN
taxlaw-2855	561	59	under	under	ADP
taxlaw-2855	561	60	section	section	NOUN
taxlaw-2855	561	61	301	301	NUM
taxlaw-2855	561	62	.	.	PUNCT
taxlaw-2855	562	1	neither	neither	CCONJ
taxlaw-2855	562	2	the	the	DET
taxlaw-2855	562	3	code	code	NOUN
taxlaw-2855	562	4	sections	section	NOUN
taxlaw-2855	562	5	nor	nor	CCONJ
taxlaw-2855	562	6	the	the	DET
taxlaw-2855	562	7	legislative	legislative	ADJ
taxlaw-2855	562	8	history	history	NOUN
taxlaw-2855	562	9	suggest	suggest	VERB
taxlaw-2855	562	10	any	any	DET
taxlaw-2855	562	11	special	special	ADJ
taxlaw-2855	562	12	debt	debt	NOUN
taxlaw-2855	562	13	/	/	SYM
taxlaw-2855	562	14	equity	equity	NOUN
taxlaw-2855	562	15	scrutiny	scrutiny	NOUN
taxlaw-2855	562	16	is	be	AUX
taxlaw-2855	562	17	appropriate	appropriate	ADJ
taxlaw-2855	562	18	in	in	ADP
taxlaw-2855	562	19	such	such	ADJ
taxlaw-2855	562	20	context	context	NOUN
taxlaw-2855	562	21	.	.	PUNCT
taxlaw-2855	563	1	does	do	AUX
taxlaw-2855	563	2	it	it	PRON
taxlaw-2855	563	3	matter	matter	VERB
taxlaw-2855	563	4	that	that	SCONJ
taxlaw-2855	563	5	the	the	DET
taxlaw-2855	563	6	irs	irs	PROPN
taxlaw-2855	563	7	can	can	AUX
taxlaw-2855	563	8	point	point	VERB
taxlaw-2855	563	9	to	to	ADP
taxlaw-2855	563	10	three	three	NUM
taxlaw-2855	563	11	cases	case	NOUN
taxlaw-2855	563	12	that	that	PRON
taxlaw-2855	563	13	mention	mention	VERB
taxlaw-2855	563	14	this	this	DET
taxlaw-2855	563	15	factor	factor	NOUN
taxlaw-2855	563	16	(	(	PUNCT
taxlaw-2855	563	17	one	one	NUM
taxlaw-2855	563	18	of	of	ADP
taxlaw-2855	563	19	which	which	PRON
taxlaw-2855	563	20	ignores	ignore	VERB
taxlaw-2855	563	21	it	it	PRON
taxlaw-2855	563	22	)	)	PUNCT
taxlaw-2855	563	23	in	in	ADP
taxlaw-2855	563	24	the	the	DET
taxlaw-2855	563	25	more	more	ADJ
taxlaw-2855	563	26	than	than	ADP
taxlaw-2855	563	27	one	one	NUM
taxlaw-2855	563	28	hundred	hundred	NUM
taxlaw-2855	563	29	cases	case	NOUN
taxlaw-2855	563	30	that	that	PRON
taxlaw-2855	563	31	have	have	AUX
taxlaw-2855	563	32	considered	consider	VERB
taxlaw-2855	563	33	the	the	DET
taxlaw-2855	563	34	debt	debt	NOUN
taxlaw-2855	563	35	/	/	SYM
taxlaw-2855	563	36	equity	equity	NOUN
taxlaw-2855	563	37	question	question	NOUN
taxlaw-2855	563	38	?	?	PUNCT
taxlaw-2855	564	1	if	if	SCONJ
taxlaw-2855	564	2	the	the	DET
taxlaw-2855	564	3	irs	irs	PROPN
taxlaw-2855	564	4	is	be	AUX
taxlaw-2855	564	5	not	not	PART
taxlaw-2855	564	6	bound	bind	VERB
taxlaw-2855	564	7	by	by	ADP
taxlaw-2855	564	8	case	case	NOUN
taxlaw-2855	564	9	law	law	NOUN
taxlaw-2855	564	10	,	,	PUNCT
taxlaw-2855	564	11	the	the	DET
taxlaw-2855	564	12	fact	fact	NOUN
taxlaw-2855	564	13	that	that	SCONJ
taxlaw-2855	564	14	the	the	DET
taxlaw-2855	564	15	case	case	NOUN
taxlaw-2855	564	16	law	law	NOUN
taxlaw-2855	564	17	has	have	AUX
taxlaw-2855	564	18	or	or	CCONJ
taxlaw-2855	564	19	has	have	AUX
taxlaw-2855	564	20	not	not	PART
taxlaw-2855	564	21	considered	consider	VERB
taxlaw-2855	564	22	a	a	DET
taxlaw-2855	564	23	particular	particular	ADJ
taxlaw-2855	564	24	factor	factor	NOUN
taxlaw-2855	564	25	should	should	AUX
taxlaw-2855	564	26	not	not	PART
taxlaw-2855	564	27	bear	bear	VERB
taxlaw-2855	564	28	directly	directly	ADV
taxlaw-2855	564	29	on	on	ADP
taxlaw-2855	564	30	the	the	DET
taxlaw-2855	564	31	question	question	NOUN
taxlaw-2855	564	32	of	of	ADP
taxlaw-2855	564	33	authority	authority	NOUN
taxlaw-2855	564	34	.	.	PUNCT
taxlaw-2855	565	1	if	if	SCONJ
taxlaw-2855	565	2	no	no	DET
taxlaw-2855	565	3	case	case	NOUN
taxlaw-2855	565	4	had	have	AUX
taxlaw-2855	565	5	ever	ever	ADV
taxlaw-2855	565	6	mentioned	mention	VERB
taxlaw-2855	565	7	this	this	PRON
taxlaw-2855	565	8	as	as	ADP
taxlaw-2855	565	9	a	a	DET
taxlaw-2855	565	10	factor	factor	NOUN
taxlaw-2855	565	11	,	,	PUNCT
taxlaw-2855	565	12	however	however	ADV
taxlaw-2855	565	13	,	,	PUNCT
taxlaw-2855	565	14	declaring	declare	VERB
taxlaw-2855	565	15	such	such	DET
taxlaw-2855	565	16	a	a	DET
taxlaw-2855	565	17	factor	factor	NOUN
taxlaw-2855	565	18	as	as	ADP
taxlaw-2855	565	19	germane	germane	NOUN
taxlaw-2855	565	20	to	to	ADP
taxlaw-2855	565	21	the	the	DET
taxlaw-2855	565	22	debt	debt	NOUN
taxlaw-2855	565	23	/	/	SYM
taxlaw-2855	565	24	equity	equity	NOUN
taxlaw-2855	565	25	question	question	NOUN
taxlaw-2855	565	26	would	would	AUX
taxlaw-2855	565	27	be	be	AUX
taxlaw-2855	565	28	suspect	suspect	ADJ
taxlaw-2855	565	29	.	.	PUNCT
taxlaw-2855	566	1	do	do	AUX
taxlaw-2855	566	2	three	three	NUM
taxlaw-2855	566	3	cases	case	NOUN
taxlaw-2855	566	4	move	move	VERB
taxlaw-2855	566	5	the	the	DET
taxlaw-2855	566	6	needle	needle	NOUN
taxlaw-2855	566	7	?	?	PUNCT
taxlaw-2855	567	1	we	we	PRON
taxlaw-2855	567	2	think	think	VERB
taxlaw-2855	567	3	not	not	PART
taxlaw-2855	567	4	.	.	PUNCT
taxlaw-2855	568	1	one	one	PRON
taxlaw-2855	568	2	does	do	AUX
taxlaw-2855	568	3	not	not	PART
taxlaw-2855	568	4	need	need	VERB
taxlaw-2855	568	5	to	to	PART
taxlaw-2855	568	6	mine	mine	VERB
taxlaw-2855	568	7	the	the	DET
taxlaw-2855	568	8	case	case	NOUN
taxlaw-2855	568	9	law	law	NOUN
taxlaw-2855	568	10	to	to	PART
taxlaw-2855	568	11	come	come	VERB
taxlaw-2855	568	12	to	to	ADP
taxlaw-2855	568	13	the	the	DET
taxlaw-2855	568	14	conclusion	conclusion	NOUN
taxlaw-2855	568	15	the	the	DET
taxlaw-2855	568	16	“	"	PUNCT
taxlaw-2855	568	17	no	no	DET
taxlaw-2855	568	18	new	new	ADJ
taxlaw-2855	568	19	capital	capital	NOUN
taxlaw-2855	568	20	”	"	PUNCT
taxlaw-2855	568	21	rule	rule	NOUN
taxlaw-2855	568	22	is	be	AUX
taxlaw-2855	568	23	irrelevant	irrelevant	ADJ
taxlaw-2855	568	24	to	to	ADP
taxlaw-2855	568	25	the	the	DET
taxlaw-2855	568	26	substance	substance	NOUN
taxlaw-2855	568	27	of	of	ADP
taxlaw-2855	568	28	an	an	DET
taxlaw-2855	568	29	instrument	instrument	NOUN
taxlaw-2855	568	30	as	as	ADP
taxlaw-2855	568	31	debt	debt	NOUN
taxlaw-2855	568	32	or	or	CCONJ
taxlaw-2855	568	33	equity	equity	NOUN
taxlaw-2855	568	34	.	.	PUNCT
taxlaw-2855	569	1	suppose	suppose	VERB
taxlaw-2855	569	2	corporation	corporation	NOUN
taxlaw-2855	569	3	x	x	NOUN
taxlaw-2855	569	4	funds	fund	VERB
taxlaw-2855	569	5	its	its	PRON
taxlaw-2855	569	6	subsidiary	subsidiary	NOUN
taxlaw-2855	569	7	in	in	ADP
taxlaw-2855	569	8	year	year	NOUN
taxlaw-2855	569	9	1	1	NUM
taxlaw-2855	569	10	with	with	ADP
taxlaw-2855	569	11	$	$	SYM
taxlaw-2855	569	12	90	90	NUM
taxlaw-2855	569	13	of	of	ADP
taxlaw-2855	569	14	equity	equity	NOUN
taxlaw-2855	569	15	,	,	PUNCT
taxlaw-2855	569	16	and	and	CCONJ
taxlaw-2855	569	17	$	$	SYM
taxlaw-2855	569	18	10	10	NUM
taxlaw-2855	569	19	of	of	ADP
taxlaw-2855	569	20	debt	debt	NOUN
taxlaw-2855	569	21	.	.	PUNCT
taxlaw-2855	570	1	the	the	DET
taxlaw-2855	570	2	“	"	PUNCT
taxlaw-2855	570	3	no	no	DET
taxlaw-2855	570	4	new	new	ADJ
taxlaw-2855	570	5	capital	capital	NOUN
taxlaw-2855	570	6	rule	rule	NOUN
taxlaw-2855	570	7	”	"	PUNCT
taxlaw-2855	570	8	is	be	AUX
taxlaw-2855	570	9	not	not	PART
taxlaw-2855	570	10	implicated	implicate	VERB
taxlaw-2855	570	11	,	,	PUNCT
taxlaw-2855	570	12	and	and	CCONJ
taxlaw-2855	570	13	the	the	DET
taxlaw-2855	570	14	question	question	NOUN
taxlaw-2855	570	15	of	of	ADP
taxlaw-2855	570	16	whether	whether	SCONJ
taxlaw-2855	570	17	that	that	SCONJ
taxlaw-2855	570	18	$	$	SYM
taxlaw-2855	570	19	10	10	NUM
taxlaw-2855	570	20	of	of	ADP
taxlaw-2855	570	21	debt	debt	NOUN
taxlaw-2855	570	22	is	be	AUX
taxlaw-2855	570	23	true	true	ADJ
taxlaw-2855	570	24	debt	debt	NOUN
taxlaw-2855	570	25	will	will	AUX
taxlaw-2855	570	26	depend	depend	VERB
taxlaw-2855	570	27	on	on	ADP
taxlaw-2855	570	28	the	the	DET
taxlaw-2855	570	29	outcome	outcome	NOUN
taxlaw-2855	570	30	of	of	ADP
taxlaw-2855	570	31	an	an	DET
taxlaw-2855	570	32	economic	economic	ADJ
taxlaw-2855	570	33	substance	substance	NOUN
taxlaw-2855	570	34	inquiry	inquiry	NOUN
taxlaw-2855	570	35	based	base	VERB
taxlaw-2855	570	36	on	on	ADP
taxlaw-2855	570	37	the	the	DET
taxlaw-2855	570	38	traditional	traditional	ADJ
taxlaw-2855	570	39	debt	debt	NOUN
taxlaw-2855	570	40	/	/	SYM
taxlaw-2855	570	41	equity	equity	NOUN
taxlaw-2855	570	42	factors	factor	NOUN
taxlaw-2855	570	43	.	.	PUNCT
taxlaw-2855	571	1	now	now	ADV
taxlaw-2855	571	2	suppose	suppose	VERB
taxlaw-2855	571	3	in	in	ADP
taxlaw-2855	571	4	year	year	NOUN
taxlaw-2855	571	5	3	3	NUM
taxlaw-2855	571	6	the	the	DET
taxlaw-2855	571	7	value	value	NOUN
taxlaw-2855	571	8	of	of	ADP
taxlaw-2855	571	9	the	the	DET
taxlaw-2855	571	10	subsidiary	subsidiary	NOUN
taxlaw-2855	571	11	has	have	AUX
taxlaw-2855	571	12	increased	increase	VERB
taxlaw-2855	571	13	to	to	ADP
taxlaw-2855	571	14	$	$	SYM
taxlaw-2855	571	15	200	200	NUM
taxlaw-2855	571	16	,	,	PUNCT
taxlaw-2855	571	17	and	and	CCONJ
taxlaw-2855	571	18	corporation	corporation	NOUN
taxlaw-2855	571	19	x	x	PUNCT
taxlaw-2855	571	20	determines	determine	VERB
taxlaw-2855	571	21	that	that	SCONJ
taxlaw-2855	571	22	its	its	PRON
taxlaw-2855	571	23	subsidiary	subsidiary	NOUN
taxlaw-2855	571	24	is	be	AUX
taxlaw-2855	571	25	over	over	ADV
taxlaw-2855	571	26	-	-	PUNCT
taxlaw-2855	571	27	capitalized	capitalize	VERB
taxlaw-2855	571	28	relative	relative	NOUN
taxlaw-2855	571	29	to	to	ADP
taxlaw-2855	571	30	corporation	corporation	NOUN
taxlaw-2855	572	1	x	x	SYM
taxlaw-2855	572	2	’s	’s	ADJ
taxlaw-2855	572	3	other	other	ADJ
taxlaw-2855	572	4	subsidiaries	subsidiary	NOUN
taxlaw-2855	572	5	,	,	PUNCT
taxlaw-2855	572	6	and	and	CCONJ
taxlaw-2855	572	7	causes	cause	VERB
taxlaw-2855	572	8	the	the	DET
taxlaw-2855	572	9	subsidiary	subsidiary	NOUN
taxlaw-2855	572	10	to	to	PART
taxlaw-2855	572	11	distribute	distribute	VERB
taxlaw-2855	572	12	a	a	DET
taxlaw-2855	572	13	second	second	ADJ
taxlaw-2855	572	14	$	$	SYM
taxlaw-2855	572	15	10	10	NUM
taxlaw-2855	572	16	note	note	NOUN
taxlaw-2855	572	17	.	.	PUNCT
taxlaw-2855	572	18	is	be	AUX
taxlaw-2855	572	19	the	the	DET
taxlaw-2855	572	20	relationship	relationship	NOUN
taxlaw-2855	572	21	between	between	ADP
taxlaw-2855	572	22	corporation	corporation	NOUN
taxlaw-2855	572	23	x	x	PUNCT
taxlaw-2855	572	24	and	and	CCONJ
taxlaw-2855	572	25	its	its	PRON
taxlaw-2855	572	26	subsidiary	subsidiary	NOUN
taxlaw-2855	572	27	any	any	DET
taxlaw-2855	572	28	more	more	ADJ
taxlaw-2855	572	29	debtor	debtor	NOUN
taxlaw-2855	572	30	/	/	SYM
taxlaw-2855	572	31	creditor	creditor	NOUN
taxlaw-2855	572	32	-	-	PUNCT
taxlaw-2855	572	33	like	like	NOUN
taxlaw-2855	572	34	with	with	ADP
taxlaw-2855	572	35	respect	respect	NOUN
taxlaw-2855	572	36	to	to	ADP
taxlaw-2855	572	37	the	the	DET
taxlaw-2855	572	38	first	first	ADJ
taxlaw-2855	572	39	note	note	NOUN
taxlaw-2855	572	40	than	than	ADP
taxlaw-2855	572	41	their	their	PRON
taxlaw-2855	572	42	relationship	relationship	NOUN
taxlaw-2855	572	43	with	with	ADP
taxlaw-2855	572	44	respect	respect	NOUN
taxlaw-2855	572	45	to	to	ADP
taxlaw-2855	572	46	the	the	DET
taxlaw-2855	572	47	second	second	ADJ
taxlaw-2855	572	48	note	note	NOUN
taxlaw-2855	572	49	?	?	PUNCT
taxlaw-2855	573	1	the	the	DET
taxlaw-2855	573	2	answer	answer	NOUN
taxlaw-2855	573	3	will	will	AUX
taxlaw-2855	573	4	depend	depend	VERB
taxlaw-2855	573	5	on	on	ADP
taxlaw-2855	573	6	the	the	DET
taxlaw-2855	573	7	actual	actual	ADJ
taxlaw-2855	573	8	relationship	relationship	NOUN
taxlaw-2855	573	9	between	between	ADP
taxlaw-2855	573	10	the	the	DET
taxlaw-2855	573	11	parties	party	NOUN
taxlaw-2855	573	12	,	,	PUNCT
taxlaw-2855	573	13	the	the	DET
taxlaw-2855	573	14	terms	term	NOUN
taxlaw-2855	573	15	of	of	ADP
taxlaw-2855	573	16	the	the	DET
taxlaw-2855	573	17	notes	note	NOUN
taxlaw-2855	573	18	,	,	PUNCT
taxlaw-2855	573	19	and	and	CCONJ
taxlaw-2855	573	20	so	so	ADV
taxlaw-2855	573	21	forth	forth	ADV
taxlaw-2855	573	22	.	.	PUNCT
taxlaw-2855	574	1	what	what	PRON
taxlaw-2855	574	2	it	it	PRON
taxlaw-2855	574	3	will	will	AUX
taxlaw-2855	574	4	not	not	PART
taxlaw-2855	574	5	depend	depend	VERB
taxlaw-2855	574	6	on	on	ADP
taxlaw-2855	574	7	is	be	AUX
taxlaw-2855	574	8	whether	whether	SCONJ
taxlaw-2855	574	9	the	the	DET
taxlaw-2855	574	10	note	note	NOUN
taxlaw-2855	574	11	was	be	AUX
taxlaw-2855	574	12	issued	issue	VERB
taxlaw-2855	574	13	under	under	ADP
taxlaw-2855	574	14	the	the	DET
taxlaw-2855	574	15	circumstances	circumstance	NOUN
taxlaw-2855	574	16	described	describe	VERB
taxlaw-2855	574	17	in	in	ADP
taxlaw-2855	574	18	year	year	NOUN
taxlaw-2855	574	19	1	1	NUM
taxlaw-2855	574	20	or	or	CCONJ
taxlaw-2855	574	21	those	those	PRON
taxlaw-2855	574	22	described	describe	VERB
taxlaw-2855	574	23	in	in	ADP
taxlaw-2855	574	24	year	year	NOUN
taxlaw-2855	574	25	3	3	NUM
taxlaw-2855	574	26	.	.	PUNCT
taxlaw-2855	575	1	another	another	DET
taxlaw-2855	575	2	example	example	NOUN
taxlaw-2855	575	3	:	:	PUNCT
taxlaw-2855	575	4	suppose	suppose	VERB
taxlaw-2855	575	5	corporation	corporation	NOUN
taxlaw-2855	575	6	x	x	PUNCT
taxlaw-2855	575	7	and	and	CCONJ
taxlaw-2855	575	8	corporation	corporation	PROPN
taxlaw-2855	575	9	y	y	PROPN
taxlaw-2855	575	10	,	,	PUNCT
taxlaw-2855	575	11	unrelated	unrelated	ADJ
taxlaw-2855	575	12	,	,	PUNCT
taxlaw-2855	575	13	is	be	AUX
taxlaw-2855	575	14	each	each	PRON
taxlaw-2855	575	15	formed	form	VERB
taxlaw-2855	575	16	on	on	ADP
taxlaw-2855	575	17	day	day	NOUN
taxlaw-2855	575	18	1	1	NUM
taxlaw-2855	575	19	.	.	PUNCT
taxlaw-2855	576	1	corporation	corporation	NOUN
taxlaw-2855	576	2	x	x	PROPN
taxlaw-2855	576	3	’s	’s	PART
taxlaw-2855	576	4	shareholders	shareholder	NOUN
taxlaw-2855	576	5	hired	hire	VERB
taxlaw-2855	576	6	counsel	counsel	NOUN
taxlaw-2855	576	7	prior	prior	ADV
taxlaw-2855	576	8	to	to	ADP
taxlaw-2855	576	9	formation	formation	NOUN
taxlaw-2855	576	10	,	,	PUNCT
taxlaw-2855	576	11	and	and	CCONJ
taxlaw-2855	576	12	on	on	ADP
taxlaw-2855	576	13	counsel	counsel	NOUN
taxlaw-2855	576	14	’s	’s	PART
taxlaw-2855	576	15	advice	advice	NOUN
taxlaw-2855	576	16	,	,	PUNCT
taxlaw-2855	576	17	corporation	corporation	NOUN
taxlaw-2855	576	18	x	x	PUNCT
taxlaw-2855	576	19	was	be	AUX
taxlaw-2855	576	20	part	part	NOUN
taxlaw-2855	576	21	equityand	equityand	NOUN
taxlaw-2855	576	22	part	part	ADJ
taxlaw-2855	576	23	-	-	PUNCT
taxlaw-2855	576	24	debt	debt	NOUN
taxlaw-2855	576	25	capitalized	capitalize	VERB
taxlaw-2855	576	26	:	:	PUNCT
taxlaw-2855	576	27	$	$	SYM
taxlaw-2855	576	28	100	100	NUM
taxlaw-2855	576	29	contributed	contribute	VERB
taxlaw-2855	576	30	in	in	ADP
taxlaw-2855	576	31	exchange	exchange	NOUN
taxlaw-2855	576	32	for	for	ADP
taxlaw-2855	576	33	$	$	SYM
taxlaw-2855	576	34	90	90	NUM
taxlaw-2855	576	35	of	of	ADP
taxlaw-2855	576	36	stock	stock	NOUN
taxlaw-2855	576	37	and	and	CCONJ
taxlaw-2855	576	38	a	a	DET
taxlaw-2855	576	39	$	$	SYM
taxlaw-2855	576	40	10	10	NUM
taxlaw-2855	576	41	note	note	NOUN
taxlaw-2855	576	42	.	.	PUNCT
taxlaw-2855	577	1	corporation	corporation	NOUN
taxlaw-2855	577	2	y	y	PROPN
taxlaw-2855	577	3	’s	’s	PART
taxlaw-2855	577	4	shareholders	shareholder	NOUN
taxlaw-2855	577	5	contributed	contribute	VERB
taxlaw-2855	577	6	$	$	SYM
taxlaw-2855	577	7	100	100	NUM
taxlaw-2855	577	8	in	in	ADP
taxlaw-2855	577	9	exchange	exchange	NOUN
taxlaw-2855	577	10	for	for	ADP
taxlaw-2855	577	11	$	$	SYM
taxlaw-2855	577	12	100	100	NUM
taxlaw-2855	577	13	of	of	ADP
taxlaw-2855	577	14	stock	stock	NOUN
taxlaw-2855	577	15	,	,	PUNCT
taxlaw-2855	577	16	but	but	CCONJ
taxlaw-2855	577	17	on	on	ADP
taxlaw-2855	577	18	day	day	NOUN
taxlaw-2855	577	19	2	2	NUM
taxlaw-2855	577	20	,	,	PUNCT
taxlaw-2855	577	21	after	after	ADP
taxlaw-2855	577	22	consulting	consult	VERB
taxlaw-2855	577	23	with	with	ADP
taxlaw-2855	577	24	counsel	counsel	NOUN
taxlaw-2855	577	25	,	,	PUNCT
taxlaw-2855	577	26	caused	cause	VERB
taxlaw-2855	577	27	corporation	corporation	NOUN
taxlaw-2855	577	28	y	y	PROPN
taxlaw-2855	577	29	to	to	PART
taxlaw-2855	577	30	distribute	distribute	VERB
taxlaw-2855	577	31	a	a	DET
taxlaw-2855	577	32	$	$	SYM
taxlaw-2855	577	33	10	10	NUM
taxlaw-2855	577	34	note	note	NOUN
taxlaw-2855	577	35	.	.	PUNCT
taxlaw-2855	578	1	in	in	ADP
taxlaw-2855	578	2	each	each	DET
taxlaw-2855	578	3	case	case	NOUN
taxlaw-2855	578	4	,	,	PUNCT
taxlaw-2855	578	5	introducing	introduce	VERB
taxlaw-2855	578	6	debt	debt	NOUN
taxlaw-2855	578	7	to	to	ADP
taxlaw-2855	578	8	the	the	DET
taxlaw-2855	578	9	capital	capital	NOUN
taxlaw-2855	578	10	84	84	NUM
taxlaw-2855	578	11	kraft	kraft	NOUN
taxlaw-2855	578	12	foods	foods	PROPN
taxlaw-2855	578	13	co.	co.	PROPN
taxlaw-2855	579	1	v.	v.	PROPN
taxlaw-2855	579	2	commissioner	commissioner	PROPN
taxlaw-2855	579	3	,	,	PUNCT
taxlaw-2855	579	4	232	232	NUM
taxlaw-2855	579	5	f.2d	f.2d	NOUN
taxlaw-2855	579	6	118	118	NUM
taxlaw-2855	579	7	,	,	PUNCT
taxlaw-2855	579	8	126	126	NUM
taxlaw-2855	579	9	(	(	PUNCT
taxlaw-2855	579	10	2d	2d	NUM
taxlaw-2855	579	11	cir	cir	NOUN
taxlaw-2855	579	12	.	.	PROPN
taxlaw-2855	579	13	1956	1956	NUM
taxlaw-2855	579	14	)	)	PUNCT
taxlaw-2855	579	15	.	.	PUNCT
taxlaw-2855	580	1	while	while	SCONJ
taxlaw-2855	580	2	the	the	DET
taxlaw-2855	580	3	court	court	NOUN
taxlaw-2855	580	4	in	in	ADP
taxlaw-2855	580	5	talbot	talbot	PROPN
taxlaw-2855	580	6	mills	mills	PROPN
taxlaw-2855	580	7	did	do	AUX
taxlaw-2855	580	8	note	note	VERB
taxlaw-2855	580	9	in	in	ADP
taxlaw-2855	580	10	its	its	PRON
taxlaw-2855	580	11	analysis	analysis	NOUN
taxlaw-2855	580	12	that	that	SCONJ
taxlaw-2855	580	13	“	"	PUNCT
taxlaw-2855	580	14	[	[	X
taxlaw-2855	580	15	t]he	t]he	X
taxlaw-2855	580	16	issuance	issuance	NOUN
taxlaw-2855	580	17	of	of	ADP
taxlaw-2855	580	18	the	the	DET
taxlaw-2855	580	19	notes	note	NOUN
taxlaw-2855	580	20	brought	bring	VERB
taxlaw-2855	580	21	no	no	DET
taxlaw-2855	580	22	new	new	ADJ
taxlaw-2855	580	23	capital	capital	NOUN
taxlaw-2855	580	24	into	into	ADP
taxlaw-2855	580	25	the	the	DET
taxlaw-2855	580	26	corporation	corporation	NOUN
taxlaw-2855	580	27	”	"	PUNCT
taxlaw-2855	580	28	,	,	PUNCT
taxlaw-2855	580	29	the	the	DET
taxlaw-2855	580	30	court	court	NOUN
taxlaw-2855	580	31	,	,	PUNCT
taxlaw-2855	580	32	in	in	ADP
taxlaw-2855	580	33	finding	find	VERB
taxlaw-2855	580	34	the	the	DET
taxlaw-2855	580	35	instrument	instrument	NOUN
taxlaw-2855	580	36	to	to	PART
taxlaw-2855	580	37	be	be	AUX
taxlaw-2855	580	38	equity	equity	NOUN
taxlaw-2855	580	39	,	,	PUNCT
taxlaw-2855	580	40	also	also	ADV
taxlaw-2855	580	41	relied	rely	VERB
taxlaw-2855	580	42	on	on	ADP
taxlaw-2855	580	43	the	the	DET
taxlaw-2855	580	44	fact	fact	NOUN
taxlaw-2855	580	45	that	that	SCONJ
taxlaw-2855	580	46	the	the	DET
taxlaw-2855	580	47	notes	note	NOUN
taxlaw-2855	580	48	(	(	PUNCT
taxlaw-2855	580	49	1	1	X
taxlaw-2855	580	50	)	)	PUNCT
taxlaw-2855	580	51	were	be	AUX
taxlaw-2855	580	52	subordinated	subordinate	VERB
taxlaw-2855	580	53	,	,	PUNCT
taxlaw-2855	580	54	(	(	PUNCT
taxlaw-2855	580	55	2	2	X
taxlaw-2855	580	56	)	)	PUNCT
taxlaw-2855	580	57	paid	pay	VERB
taxlaw-2855	580	58	a	a	DET
taxlaw-2855	580	59	variable	variable	ADJ
taxlaw-2855	580	60	rate	rate	NOUN
taxlaw-2855	580	61	of	of	ADP
taxlaw-2855	580	62	interest	interest	NOUN
taxlaw-2855	580	63	based	base	VERB
taxlaw-2855	580	64	on	on	ADP
taxlaw-2855	580	65	profits	profit	NOUN
taxlaw-2855	580	66	of	of	ADP
taxlaw-2855	580	67	the	the	DET
taxlaw-2855	580	68	corporation	corporation	NOUN
taxlaw-2855	580	69	(	(	PUNCT
taxlaw-2855	580	70	subject	subject	ADJ
taxlaw-2855	580	71	to	to	ADP
taxlaw-2855	580	72	a	a	DET
taxlaw-2855	580	73	cap	cap	NOUN
taxlaw-2855	580	74	and	and	CCONJ
taxlaw-2855	580	75	a	a	DET
taxlaw-2855	580	76	floor	floor	NOUN
taxlaw-2855	580	77	)	)	PUNCT
taxlaw-2855	580	78	,	,	PUNCT
taxlaw-2855	580	79	and	and	CCONJ
taxlaw-2855	580	80	(	(	PUNCT
taxlaw-2855	580	81	3	3	X
taxlaw-2855	580	82	)	)	PUNCT
taxlaw-2855	580	83	paid	pay	VERB
taxlaw-2855	580	84	interest	interest	NOUN
taxlaw-2855	580	85	annually	annually	ADV
taxlaw-2855	580	86	,	,	PUNCT
taxlaw-2855	580	87	but	but	CCONJ
taxlaw-2855	580	88	such	such	ADJ
taxlaw-2855	580	89	payment	payment	NOUN
taxlaw-2855	580	90	could	could	AUX
taxlaw-2855	580	91	be	be	AUX
taxlaw-2855	580	92	deferred	defer	VERB
taxlaw-2855	580	93	by	by	ADP
taxlaw-2855	580	94	the	the	DET
taxlaw-2855	580	95	directors	director	NOUN
taxlaw-2855	580	96	of	of	ADP
taxlaw-2855	580	97	the	the	DET
taxlaw-2855	580	98	corporation	corporation	NOUN
taxlaw-2855	580	99	.	.	PUNCT
taxlaw-2855	581	1	the	the	DET
taxlaw-2855	581	2	court	court	NOUN
taxlaw-2855	581	3	in	in	ADP
taxlaw-2855	581	4	sayles	sayle	NOUN
taxlaw-2855	581	5	finishing	finish	VERB
taxlaw-2855	581	6	,	,	PUNCT
taxlaw-2855	581	7	the	the	DET
taxlaw-2855	581	8	other	other	ADJ
taxlaw-2855	581	9	case	case	NOUN
taxlaw-2855	581	10	the	the	DET
taxlaw-2855	581	11	irs	irs	PROPN
taxlaw-2855	581	12	cited	cite	VERB
taxlaw-2855	581	13	,	,	PUNCT
taxlaw-2855	581	14	states	state	VERB
taxlaw-2855	581	15	:	:	PUNCT
taxlaw-2855	581	16	“	"	PUNCT
taxlaw-2855	581	17	conversion	conversion	NOUN
taxlaw-2855	581	18	of	of	ADP
taxlaw-2855	581	19	equity	equity	NOUN
taxlaw-2855	581	20	interests	interest	NOUN
taxlaw-2855	581	21	into	into	ADP
taxlaw-2855	581	22	evidence	evidence	NOUN
taxlaw-2855	581	23	of	of	ADP
taxlaw-2855	581	24	indebtedness	indebtedness	NOUN
taxlaw-2855	581	25	does	do	AUX
taxlaw-2855	581	26	not	not	PART
taxlaw-2855	581	27	necessarily	necessarily	ADV
taxlaw-2855	581	28	defeat	defeat	VERB
taxlaw-2855	581	29	tax	tax	NOUN
taxlaw-2855	581	30	treatment	treatment	NOUN
taxlaw-2855	581	31	of	of	ADP
taxlaw-2855	581	32	the	the	DET
taxlaw-2855	581	33	resulting	result	VERB
taxlaw-2855	581	34	relationship	relationship	NOUN
taxlaw-2855	581	35	between	between	ADP
taxlaw-2855	581	36	a	a	DET
taxlaw-2855	581	37	stockholder	stockholder	NOUN
taxlaw-2855	581	38	or	or	CCONJ
taxlaw-2855	581	39	stockholders	stockholder	NOUN
taxlaw-2855	581	40	and	and	CCONJ
taxlaw-2855	581	41	the	the	DET
taxlaw-2855	581	42	corporation	corporation	NOUN
taxlaw-2855	581	43	as	as	ADP
taxlaw-2855	581	44	a	a	DET
taxlaw-2855	581	45	bona	bona	ADJ
taxlaw-2855	581	46	fide	fide	ADJ
taxlaw-2855	581	47	indebtedness	indebtedness	NOUN
taxlaw-2855	581	48	.	.	PUNCT
taxlaw-2855	582	1	here	here	ADV
taxlaw-2855	582	2	again	again	ADV
taxlaw-2855	582	3	,	,	PUNCT
taxlaw-2855	582	4	all	all	PRON
taxlaw-2855	582	5	of	of	ADP
taxlaw-2855	582	6	the	the	DET
taxlaw-2855	582	7	facts	fact	NOUN
taxlaw-2855	582	8	and	and	CCONJ
taxlaw-2855	582	9	circumstances	circumstance	NOUN
taxlaw-2855	582	10	of	of	ADP
taxlaw-2855	582	11	the	the	DET
taxlaw-2855	582	12	particular	particular	ADJ
taxlaw-2855	582	13	case	case	NOUN
taxlaw-2855	582	14	must	must	AUX
taxlaw-2855	582	15	be	be	AUX
taxlaw-2855	582	16	considered	consider	VERB
taxlaw-2855	582	17	.	.	PUNCT
taxlaw-2855	583	1	even	even	ADV
taxlaw-2855	583	2	the	the	DET
taxlaw-2855	583	3	fact	fact	NOUN
taxlaw-2855	583	4	that	that	SCONJ
taxlaw-2855	583	5	no	no	DET
taxlaw-2855	583	6	new	new	ADJ
taxlaw-2855	583	7	money	money	NOUN
taxlaw-2855	583	8	was	be	AUX
taxlaw-2855	583	9	invested	invest	VERB
taxlaw-2855	583	10	in	in	ADP
taxlaw-2855	583	11	the	the	DET
taxlaw-2855	583	12	business	business	NOUN
taxlaw-2855	583	13	does	do	AUX
taxlaw-2855	583	14	not	not	PART
taxlaw-2855	583	15	require	require	VERB
taxlaw-2855	583	16	a	a	DET
taxlaw-2855	583	17	holding	holding	NOUN
taxlaw-2855	583	18	that	that	DET
taxlaw-2855	583	19	issuance	issuance	NOUN
taxlaw-2855	583	20	of	of	ADP
taxlaw-2855	583	21	corporate	corporate	ADJ
taxlaw-2855	583	22	debentures	debenture	NOUN
taxlaw-2855	583	23	was	be	AUX
taxlaw-2855	583	24	a	a	DET
taxlaw-2855	583	25	capital	capital	NOUN
taxlaw-2855	583	26	transaction	transaction	NOUN
taxlaw-2855	583	27	,	,	PUNCT
taxlaw-2855	583	28	but	but	CCONJ
taxlaw-2855	583	29	such	such	ADJ
taxlaw-2855	583	30	debentures	debenture	NOUN
taxlaw-2855	583	31	are	be	AUX
taxlaw-2855	583	32	to	to	PART
taxlaw-2855	583	33	be	be	AUX
taxlaw-2855	583	34	allowed	allow	VERB
taxlaw-2855	583	35	tax	tax	NOUN
taxlaw-2855	583	36	treatment	treatment	NOUN
taxlaw-2855	583	37	as	as	ADP
taxlaw-2855	583	38	indebtedness	indebtedness	NOUN
taxlaw-2855	583	39	when	when	SCONJ
taxlaw-2855	583	40	the	the	DET
taxlaw-2855	583	41	other	other	ADJ
taxlaw-2855	583	42	factors	factor	NOUN
taxlaw-2855	583	43	in	in	ADP
taxlaw-2855	583	44	the	the	DET
taxlaw-2855	583	45	case	case	NOUN
taxlaw-2855	583	46	establish	establish	VERB
taxlaw-2855	583	47	a	a	DET
taxlaw-2855	583	48	true	true	ADJ
taxlaw-2855	583	49	indebtedness	indebtedness	NOUN
taxlaw-2855	583	50	.	.	PUNCT
taxlaw-2855	584	1	[	[	X
taxlaw-2855	584	2	citations	citation	NOUN
taxlaw-2855	584	3	omitted	omit	VERB
taxlaw-2855	584	4	]	]	PUNCT
taxlaw-2855	584	5	however	however	ADV
taxlaw-2855	584	6	,	,	PUNCT
taxlaw-2855	584	7	in	in	ADP
taxlaw-2855	584	8	an	an	DET
taxlaw-2855	584	9	appropriate	appropriate	ADJ
taxlaw-2855	584	10	case	case	NOUN
taxlaw-2855	584	11	,	,	PUNCT
taxlaw-2855	584	12	lack	lack	NOUN
taxlaw-2855	584	13	of	of	ADP
taxlaw-2855	584	14	new	new	ADJ
taxlaw-2855	584	15	money	money	NOUN
taxlaw-2855	584	16	can	can	AUX
taxlaw-2855	584	17	be	be	AUX
taxlaw-2855	584	18	a	a	DET
taxlaw-2855	584	19	significant	significant	ADJ
taxlaw-2855	584	20	factor	factor	NOUN
taxlaw-2855	584	21	in	in	ADP
taxlaw-2855	584	22	holding	hold	VERB
taxlaw-2855	584	23	a	a	DET
taxlaw-2855	584	24	purported	purport	VERB
taxlaw-2855	584	25	indebtedness	indebtedness	NOUN
taxlaw-2855	584	26	to	to	PART
taxlaw-2855	584	27	be	be	AUX
taxlaw-2855	584	28	a	a	DET
taxlaw-2855	584	29	capital	capital	NOUN
taxlaw-2855	584	30	transaction	transaction	NOUN
taxlaw-2855	584	31	,	,	PUNCT
taxlaw-2855	584	32	particularly	particularly	ADV
taxlaw-2855	584	33	when	when	SCONJ
taxlaw-2855	584	34	the	the	DET
taxlaw-2855	584	35	facts	fact	NOUN
taxlaw-2855	584	36	otherwise	otherwise	ADV
taxlaw-2855	584	37	show	show	VERB
taxlaw-2855	584	38	that	that	SCONJ
taxlaw-2855	584	39	the	the	DET
taxlaw-2855	584	40	purported	purport	VERB
taxlaw-2855	584	41	indebtedness	indebtedness	NOUN
taxlaw-2855	584	42	was	be	AUX
taxlaw-2855	584	43	merely	merely	ADV
taxlaw-2855	584	44	a	a	DET
taxlaw-2855	584	45	continuation	continuation	NOUN
taxlaw-2855	584	46	of	of	ADP
taxlaw-2855	584	47	the	the	DET
taxlaw-2855	584	48	equity	equity	NOUN
taxlaw-2855	584	49	interests	interest	NOUN
taxlaw-2855	584	50	allegedly	allegedly	ADV
taxlaw-2855	584	51	converted	convert	VERB
taxlaw-2855	584	52	.	.	PUNCT
taxlaw-2855	584	53	”	"	PUNCT
taxlaw-2855	585	1	sayles	sayles	PROPN
taxlaw-2855	585	2	finishing	finish	VERB
taxlaw-2855	585	3	plants	plant	NOUN
taxlaw-2855	585	4	,	,	PUNCT
taxlaw-2855	585	5	inc	inc	PROPN
taxlaw-2855	585	6	.	.	PROPN
taxlaw-2855	586	1	v.	v.	PROPN
taxlaw-2855	586	2	united	united	PROPN
taxlaw-2855	586	3	states	states	PROPN
taxlaw-2855	586	4	,	,	PUNCT
taxlaw-2855	586	5	399	399	NUM
taxlaw-2855	586	6	f.2d	f.2d	SYM
taxlaw-2855	586	7	214	214	NUM
taxlaw-2855	586	8	,	,	PUNCT
taxlaw-2855	586	9	220	220	NUM
taxlaw-2855	586	10	(	(	PUNCT
taxlaw-2855	586	11	ct	ct	PROPN
taxlaw-2855	586	12	.	.	PUNCT
taxlaw-2855	586	13	cl	cl	NOUN
taxlaw-2855	586	14	.	.	PUNCT
taxlaw-2855	586	15	1968	1968	NUM
taxlaw-2855	586	16	)	)	PUNCT
taxlaw-2855	586	17	.	.	PUNCT
taxlaw-2855	587	1	2017	2017	NUM
taxlaw-2855	587	2	]	]	PUNCT
taxlaw-2855	587	3	a	a	DET
taxlaw-2855	587	4	framework	framework	NOUN
taxlaw-2855	587	5	for	for	ADP
taxlaw-2855	587	6	testing	test	VERB
taxlaw-2855	587	7	regulatory	regulatory	ADJ
taxlaw-2855	587	8	authority	authority	NOUN
taxlaw-2855	587	9	353	353	NUM
taxlaw-2855	587	10	structure	structure	NOUN
taxlaw-2855	587	11	was	be	AUX
taxlaw-2855	587	12	tax	tax	NOUN
taxlaw-2855	587	13	motivated	motivated	ADJ
taxlaw-2855	587	14	.	.	PUNCT
taxlaw-2855	588	1	any	any	DET
taxlaw-2855	588	2	reason	reason	NOUN
taxlaw-2855	588	3	corporation	corporation	PROPN
taxlaw-2855	588	4	y	y	PROPN
taxlaw-2855	588	5	’s	’s	PART
taxlaw-2855	588	6	note	note	NOUN
taxlaw-2855	588	7	is	be	AUX
taxlaw-2855	588	8	more	more	ADJ
taxlaw-2855	588	9	equity	equity	NOUN
taxlaw-2855	588	10	-	-	PUNCT
taxlaw-2855	588	11	like	like	ADJ
taxlaw-2855	588	12	that	that	DET
taxlaw-2855	588	13	corporation	corporation	NOUN
taxlaw-2855	588	14	x	x	PROPN
taxlaw-2855	588	15	’s	’s	PART
taxlaw-2855	588	16	note	note	NOUN
taxlaw-2855	588	17	?	?	PUNCT
taxlaw-2855	589	1	of	of	ADV
taxlaw-2855	589	2	course	course	ADV
taxlaw-2855	589	3	not.85	not.85	ADV
taxlaw-2855	589	4	this	this	PRON
taxlaw-2855	589	5	brings	bring	VERB
taxlaw-2855	589	6	us	we	PRON
taxlaw-2855	589	7	to	to	ADP
taxlaw-2855	589	8	the	the	DET
taxlaw-2855	589	9	third	third	ADJ
taxlaw-2855	589	10	“	"	PUNCT
taxlaw-2855	589	11	factor	factor	NOUN
taxlaw-2855	589	12	.	.	PUNCT
taxlaw-2855	589	13	”	"	PUNCT
taxlaw-2855	590	1	the	the	DET
taxlaw-2855	590	2	third	third	ADJ
taxlaw-2855	590	3	“	"	PUNCT
taxlaw-2855	590	4	factor	factor	NOUN
taxlaw-2855	590	5	”	"	PUNCT
taxlaw-2855	590	6	that	that	PRON
taxlaw-2855	590	7	the	the	DET
taxlaw-2855	590	8	irs	irs	PROPN
taxlaw-2855	590	9	considered	consider	VERB
taxlaw-2855	590	10	is	be	AUX
taxlaw-2855	590	11	that	that	SCONJ
taxlaw-2855	590	12	distributions	distribution	NOUN
taxlaw-2855	590	13	of	of	ADP
taxlaw-2855	590	14	debt	debt	NOUN
taxlaw-2855	590	15	typically	typically	ADV
taxlaw-2855	590	16	lack	lack	VERB
taxlaw-2855	590	17	a	a	DET
taxlaw-2855	590	18	substantial	substantial	ADJ
taxlaw-2855	590	19	non	non	ADJ
taxlaw-2855	590	20	-	-	ADJ
taxlaw-2855	590	21	tax	tax	ADJ
taxlaw-2855	590	22	business	business	NOUN
taxlaw-2855	590	23	purpose	purpose	NOUN
taxlaw-2855	590	24	.	.	PUNCT
taxlaw-2855	591	1	this	this	PRON
taxlaw-2855	591	2	is	be	AUX
taxlaw-2855	591	3	not	not	PART
taxlaw-2855	591	4	a	a	DET
taxlaw-2855	591	5	factor	factor	NOUN
taxlaw-2855	591	6	but	but	CCONJ
taxlaw-2855	591	7	rather	rather	ADV
taxlaw-2855	591	8	support	support	NOUN
taxlaw-2855	591	9	for	for	ADP
taxlaw-2855	591	10	why	why	SCONJ
taxlaw-2855	591	11	the	the	DET
taxlaw-2855	591	12	no	no	DET
taxlaw-2855	591	13	new	new	ADJ
taxlaw-2855	591	14	capital	capital	NOUN
taxlaw-2855	591	15	factor	factor	NOUN
taxlaw-2855	591	16	is	be	AUX
taxlaw-2855	591	17	relevant	relevant	ADJ
taxlaw-2855	591	18	.	.	PUNCT
taxlaw-2855	592	1	framed	frame	VERB
taxlaw-2855	592	2	differently	differently	ADV
taxlaw-2855	592	3	,	,	PUNCT
taxlaw-2855	592	4	because	because	SCONJ
taxlaw-2855	592	5	debt	debt	NOUN
taxlaw-2855	592	6	distributions	distribution	NOUN
taxlaw-2855	592	7	are	be	AUX
taxlaw-2855	592	8	generally	generally	ADV
taxlaw-2855	592	9	tax	tax	NOUN
taxlaw-2855	592	10	motivated	motivated	ADJ
taxlaw-2855	592	11	(	(	PUNCT
taxlaw-2855	592	12	a	a	DET
taxlaw-2855	592	13	conclusion	conclusion	NOUN
taxlaw-2855	592	14	for	for	ADP
taxlaw-2855	592	15	which	which	PRON
taxlaw-2855	592	16	the	the	DET
taxlaw-2855	592	17	irs	irs	PROPN
taxlaw-2855	592	18	does	do	AUX
taxlaw-2855	592	19	not	not	PART
taxlaw-2855	592	20	provide	provide	VERB
taxlaw-2855	592	21	any	any	DET
taxlaw-2855	592	22	support	support	NOUN
taxlaw-2855	592	23	)	)	PUNCT
taxlaw-2855	592	24	,	,	PUNCT
taxlaw-2855	592	25	debt	debt	NOUN
taxlaw-2855	592	26	distributions	distribution	NOUN
taxlaw-2855	592	27	require	require	VERB
taxlaw-2855	592	28	special	special	ADJ
taxlaw-2855	592	29	scrutiny	scrutiny	NOUN
taxlaw-2855	592	30	from	from	ADP
taxlaw-2855	592	31	a	a	DET
taxlaw-2855	592	32	debt	debt	NOUN
taxlaw-2855	592	33	/	/	SYM
taxlaw-2855	592	34	equity	equity	NOUN
taxlaw-2855	592	35	perspective	perspective	NOUN
taxlaw-2855	592	36	.	.	PUNCT
taxlaw-2855	593	1	this	this	PRON
taxlaw-2855	593	2	is	be	AUX
taxlaw-2855	593	3	,	,	PUNCT
taxlaw-2855	593	4	simply	simply	ADV
taxlaw-2855	593	5	,	,	PUNCT
taxlaw-2855	593	6	a	a	DET
taxlaw-2855	593	7	fundamental	fundamental	ADJ
taxlaw-2855	593	8	misunderstanding	misunderstanding	NOUN
taxlaw-2855	593	9	of	of	ADP
taxlaw-2855	593	10	the	the	DET
taxlaw-2855	593	11	debt	debt	NOUN
taxlaw-2855	593	12	/	/	SYM
taxlaw-2855	593	13	equity	equity	NOUN
taxlaw-2855	593	14	question	question	NOUN
taxlaw-2855	593	15	.	.	PUNCT
taxlaw-2855	594	1	debt	debt	NOUN
taxlaw-2855	594	2	is	be	AUX
taxlaw-2855	594	3	a	a	DET
taxlaw-2855	594	4	tax	tax	NOUN
taxlaw-2855	594	5	-	-	PUNCT
taxlaw-2855	594	6	preferred	prefer	VERB
taxlaw-2855	594	7	form	form	NOUN
taxlaw-2855	594	8	of	of	ADP
taxlaw-2855	594	9	raising	raise	VERB
taxlaw-2855	594	10	capital	capital	NOUN
taxlaw-2855	594	11	.	.	PUNCT
taxlaw-2855	595	1	that	that	PRON
taxlaw-2855	595	2	is	be	AUX
taxlaw-2855	595	3	how	how	SCONJ
taxlaw-2855	595	4	the	the	DET
taxlaw-2855	595	5	code	code	NOUN
taxlaw-2855	595	6	works	work	VERB
taxlaw-2855	595	7	.	.	PUNCT
taxlaw-2855	596	1	a	a	DET
taxlaw-2855	596	2	taxpayer	taxpayer	NOUN
taxlaw-2855	596	3	may	may	AUX
taxlaw-2855	596	4	always	always	ADV
taxlaw-2855	596	5	choose	choose	VERB
taxlaw-2855	596	6	to	to	PART
taxlaw-2855	596	7	issue	issue	VERB
taxlaw-2855	596	8	debt	debt	NOUN
taxlaw-2855	596	9	instead	instead	ADV
taxlaw-2855	596	10	of	of	ADP
taxlaw-2855	596	11	equity	equity	NOUN
taxlaw-2855	596	12	,	,	PUNCT
taxlaw-2855	596	13	even	even	ADV
taxlaw-2855	596	14	if	if	SCONJ
taxlaw-2855	596	15	that	that	DET
taxlaw-2855	596	16	decision	decision	NOUN
taxlaw-2855	596	17	is	be	AUX
taxlaw-2855	596	18	entirely	entirely	ADV
taxlaw-2855	596	19	tax	tax	NOUN
taxlaw-2855	596	20	motivated	motivated	ADJ
taxlaw-2855	596	21	,	,	PUNCT
taxlaw-2855	596	22	as	as	ADV
taxlaw-2855	596	23	long	long	ADV
taxlaw-2855	596	24	as	as	SCONJ
taxlaw-2855	596	25	the	the	DET
taxlaw-2855	596	26	instrument	instrument	NOUN
taxlaw-2855	596	27	is	be	AUX
taxlaw-2855	596	28	true	true	ADJ
taxlaw-2855	596	29	debt	debt	NOUN
taxlaw-2855	596	30	.	.	PUNCT
taxlaw-2855	597	1	suppose	suppose	VERB
taxlaw-2855	597	2	a	a	DET
taxlaw-2855	597	3	corporation	corporation	NOUN
taxlaw-2855	597	4	needs	need	VERB
taxlaw-2855	597	5	to	to	PART
taxlaw-2855	597	6	raise	raise	VERB
taxlaw-2855	597	7	capital	capital	NOUN
taxlaw-2855	597	8	and	and	CCONJ
taxlaw-2855	597	9	prepares	prepare	VERB
taxlaw-2855	597	10	to	to	PART
taxlaw-2855	597	11	access	access	VERB
taxlaw-2855	597	12	the	the	DET
taxlaw-2855	597	13	public	public	ADJ
taxlaw-2855	597	14	capital	capital	NOUN
taxlaw-2855	597	15	markets	market	NOUN
taxlaw-2855	597	16	.	.	PUNCT
taxlaw-2855	598	1	the	the	DET
taxlaw-2855	598	2	tax	tax	NOUN
taxlaw-2855	598	3	director	director	NOUN
taxlaw-2855	598	4	is	be	AUX
taxlaw-2855	598	5	on	on	ADP
taxlaw-2855	598	6	vacation	vacation	NOUN
taxlaw-2855	598	7	,	,	PUNCT
taxlaw-2855	598	8	and	and	CCONJ
taxlaw-2855	598	9	no	no	DET
taxlaw-2855	598	10	one	one	NOUN
taxlaw-2855	598	11	bothers	bother	VERB
taxlaw-2855	598	12	to	to	PART
taxlaw-2855	598	13	consult	consult	VERB
taxlaw-2855	598	14	with	with	ADP
taxlaw-2855	598	15	her	she	PRON
taxlaw-2855	598	16	,	,	PUNCT
taxlaw-2855	598	17	and	and	CCONJ
taxlaw-2855	598	18	the	the	DET
taxlaw-2855	598	19	decision	decision	NOUN
taxlaw-2855	598	20	is	be	AUX
taxlaw-2855	598	21	made	make	VERB
taxlaw-2855	598	22	to	to	PART
taxlaw-2855	598	23	raise	raise	VERB
taxlaw-2855	598	24	equity	equity	NOUN
taxlaw-2855	598	25	capital	capital	NOUN
taxlaw-2855	598	26	.	.	PUNCT
taxlaw-2855	599	1	moments	moment	NOUN
taxlaw-2855	599	2	before	before	SCONJ
taxlaw-2855	599	3	the	the	DET
taxlaw-2855	599	4	offering	offering	NOUN
taxlaw-2855	599	5	documents	document	NOUN
taxlaw-2855	599	6	are	be	AUX
taxlaw-2855	599	7	to	to	PART
taxlaw-2855	599	8	be	be	AUX
taxlaw-2855	599	9	filed	file	VERB
taxlaw-2855	599	10	,	,	PUNCT
taxlaw-2855	599	11	the	the	DET
taxlaw-2855	599	12	tax	tax	NOUN
taxlaw-2855	599	13	director	director	NOUN
taxlaw-2855	599	14	rushes	rush	VERB
taxlaw-2855	599	15	in	in	ADP
taxlaw-2855	599	16	and	and	CCONJ
taxlaw-2855	599	17	asks	ask	VERB
taxlaw-2855	599	18	the	the	DET
taxlaw-2855	599	19	cfo	cfo	NOUN
taxlaw-2855	599	20	and	and	CCONJ
taxlaw-2855	599	21	coo	coo	NOUN
taxlaw-2855	599	22	to	to	PART
taxlaw-2855	599	23	consider	consider	VERB
taxlaw-2855	599	24	issuing	issue	VERB
taxlaw-2855	599	25	debt	debt	NOUN
taxlaw-2855	599	26	instead	instead	ADV
taxlaw-2855	599	27	of	of	ADP
taxlaw-2855	599	28	equity	equity	NOUN
taxlaw-2855	599	29	because	because	SCONJ
taxlaw-2855	599	30	of	of	ADP
taxlaw-2855	599	31	the	the	DET
taxlaw-2855	599	32	tax	tax	NOUN
taxlaw-2855	599	33	benefits	benefit	NOUN
taxlaw-2855	599	34	.	.	PUNCT
taxlaw-2855	600	1	the	the	DET
taxlaw-2855	600	2	cfo	cfo	NOUN
taxlaw-2855	600	3	and	and	CCONJ
taxlaw-2855	600	4	coo	coo	NOUN
taxlaw-2855	600	5	conclude	conclude	VERB
taxlaw-2855	600	6	that	that	SCONJ
taxlaw-2855	600	7	the	the	DET
taxlaw-2855	600	8	principal	principal	NOUN
taxlaw-2855	600	9	and	and	CCONJ
taxlaw-2855	600	10	interest	interest	NOUN
taxlaw-2855	600	11	payments	payment	NOUN
taxlaw-2855	600	12	are	be	AUX
taxlaw-2855	600	13	supportable	supportable	ADJ
taxlaw-2855	600	14	by	by	ADP
taxlaw-2855	600	15	the	the	DET
taxlaw-2855	600	16	corporation	corporation	NOUN
taxlaw-2855	600	17	’s	’s	PART
taxlaw-2855	600	18	operations	operation	NOUN
taxlaw-2855	600	19	,	,	PUNCT
taxlaw-2855	600	20	and	and	CCONJ
taxlaw-2855	600	21	decide	decide	VERB
taxlaw-2855	600	22	that	that	SCONJ
taxlaw-2855	600	23	the	the	DET
taxlaw-2855	600	24	benefit	benefit	NOUN
taxlaw-2855	600	25	of	of	ADP
taxlaw-2855	600	26	the	the	DET
taxlaw-2855	600	27	tax	tax	NOUN
taxlaw-2855	600	28	deduction	deduction	NOUN
taxlaw-2855	600	29	associated	associate	VERB
taxlaw-2855	600	30	with	with	ADP
taxlaw-2855	600	31	the	the	DET
taxlaw-2855	600	32	interest	interest	NOUN
taxlaw-2855	600	33	expense	expense	NOUN
taxlaw-2855	600	34	exceeds	exceed	VERB
taxlaw-2855	600	35	the	the	DET
taxlaw-2855	600	36	burdens	burden	NOUN
taxlaw-2855	600	37	of	of	ADP
taxlaw-2855	600	38	the	the	DET
taxlaw-2855	600	39	required	required	ADJ
taxlaw-2855	600	40	interest	interest	NOUN
taxlaw-2855	600	41	and	and	CCONJ
taxlaw-2855	600	42	principal	principal	ADJ
taxlaw-2855	600	43	payments	payment	NOUN
taxlaw-2855	600	44	.	.	PUNCT
taxlaw-2855	601	1	the	the	DET
taxlaw-2855	601	2	corporation	corporation	NOUN
taxlaw-2855	601	3	instead	instead	ADV
taxlaw-2855	601	4	issues	issue	VERB
taxlaw-2855	601	5	debt	debt	NOUN
taxlaw-2855	601	6	securities	security	NOUN
taxlaw-2855	601	7	to	to	ADP
taxlaw-2855	601	8	the	the	DET
taxlaw-2855	601	9	public	public	NOUN
taxlaw-2855	601	10	.	.	PUNCT
taxlaw-2855	602	1	is	be	AUX
taxlaw-2855	602	2	any	any	PRON
taxlaw-2855	602	3	of	of	ADP
taxlaw-2855	602	4	this	this	DET
taxlaw-2855	602	5	relevant	relevant	ADJ
taxlaw-2855	602	6	to	to	ADP
taxlaw-2855	602	7	the	the	DET
taxlaw-2855	602	8	debt	debt	NOUN
taxlaw-2855	602	9	/	/	SYM
taxlaw-2855	602	10	equity	equity	NOUN
taxlaw-2855	602	11	question	question	NOUN
taxlaw-2855	602	12	?	?	PUNCT
taxlaw-2855	603	1	no	no	INTJ
taxlaw-2855	603	2	.	.	PUNCT
taxlaw-2855	604	1	an	an	DET
taxlaw-2855	604	2	irs	irs	PROPN
taxlaw-2855	604	3	auditor	auditor	NOUN
taxlaw-2855	604	4	could	could	AUX
taxlaw-2855	604	5	have	have	AUX
taxlaw-2855	604	6	been	be	AUX
taxlaw-2855	604	7	in	in	ADP
taxlaw-2855	604	8	the	the	DET
taxlaw-2855	604	9	room	room	NOUN
taxlaw-2855	604	10	while	while	SCONJ
taxlaw-2855	604	11	these	these	DET
taxlaw-2855	604	12	discussions	discussion	NOUN
taxlaw-2855	604	13	were	be	AUX
taxlaw-2855	604	14	taking	take	VERB
taxlaw-2855	604	15	place	place	NOUN
taxlaw-2855	604	16	and	and	CCONJ
taxlaw-2855	604	17	the	the	DET
taxlaw-2855	604	18	fact	fact	NOUN
taxlaw-2855	604	19	that	that	SCONJ
taxlaw-2855	604	20	the	the	DET
taxlaw-2855	604	21	switch	switch	NOUN
taxlaw-2855	604	22	from	from	ADP
taxlaw-2855	604	23	equity	equity	NOUN
taxlaw-2855	604	24	to	to	ADP
taxlaw-2855	604	25	debt	debt	NOUN
taxlaw-2855	604	26	was	be	AUX
taxlaw-2855	604	27	100	100	NUM
taxlaw-2855	604	28	%	%	NOUN
taxlaw-2855	604	29	tax	tax	NOUN
taxlaw-2855	604	30	motivated	motivated	ADJ
taxlaw-2855	604	31	does	do	AUX
taxlaw-2855	604	32	not	not	PART
taxlaw-2855	604	33	color	color	VERB
taxlaw-2855	604	34	the	the	DET
taxlaw-2855	604	35	debt	debt	NOUN
taxlaw-2855	604	36	/	/	SYM
taxlaw-2855	604	37	equity	equity	NOUN
taxlaw-2855	604	38	analysis	analysis	NOUN
taxlaw-2855	604	39	one	one	NUM
taxlaw-2855	604	40	bit	bit	NOUN
taxlaw-2855	604	41	.	.	PUNCT
taxlaw-2855	605	1	if	if	SCONJ
taxlaw-2855	605	2	the	the	DET
taxlaw-2855	605	3	instrument	instrument	NOUN
taxlaw-2855	605	4	is	be	AUX
taxlaw-2855	605	5	in	in	ADP
taxlaw-2855	605	6	substance	substance	NOUN
taxlaw-2855	605	7	debt	debt	NOUN
taxlaw-2855	605	8	,	,	PUNCT
taxlaw-2855	605	9	and	and	CCONJ
taxlaw-2855	605	10	the	the	DET
taxlaw-2855	605	11	parties	party	NOUN
taxlaw-2855	605	12	behave	behave	VERB
taxlaw-2855	605	13	in	in	ADP
taxlaw-2855	605	14	a	a	DET
taxlaw-2855	605	15	manner	manner	NOUN
taxlaw-2855	605	16	consistent	consistent	ADJ
taxlaw-2855	605	17	with	with	ADP
taxlaw-2855	605	18	that	that	DET
taxlaw-2855	605	19	substance	substance	NOUN
taxlaw-2855	605	20	,	,	PUNCT
taxlaw-2855	605	21	the	the	DET
taxlaw-2855	605	22	instrument	instrument	NOUN
taxlaw-2855	605	23	is	be	AUX
taxlaw-2855	605	24	debt	debt	NOUN
taxlaw-2855	605	25	.	.	PUNCT
taxlaw-2855	606	1	the	the	DET
taxlaw-2855	606	2	fact	fact	NOUN
taxlaw-2855	606	3	that	that	SCONJ
taxlaw-2855	606	4	a	a	DET
taxlaw-2855	606	5	taxpayer	taxpayer	NOUN
taxlaw-2855	606	6	’s	’s	PART
taxlaw-2855	606	7	motivation	motivation	NOUN
taxlaw-2855	606	8	is	be	AUX
taxlaw-2855	606	9	irrelevant	irrelevant	ADJ
taxlaw-2855	606	10	to	to	ADP
taxlaw-2855	606	11	the	the	DET
taxlaw-2855	606	12	debt	debt	NOUN
taxlaw-2855	606	13	/	/	SYM
taxlaw-2855	606	14	equity	equity	NOUN
taxlaw-2855	606	15	question	question	NOUN
taxlaw-2855	606	16	is	be	AUX
taxlaw-2855	606	17	not	not	PART
taxlaw-2855	606	18	limited	limit	VERB
taxlaw-2855	606	19	to	to	ADP
taxlaw-2855	606	20	the	the	DET
taxlaw-2855	606	21	debt	debt	NOUN
taxlaw-2855	606	22	/	/	SYM
taxlaw-2855	606	23	equity	equity	NOUN
taxlaw-2855	606	24	context	context	NOUN
taxlaw-2855	606	25	;	;	PUNCT
taxlaw-2855	606	26	it	it	PRON
taxlaw-2855	606	27	is	be	AUX
taxlaw-2855	606	28	the	the	DET
taxlaw-2855	606	29	case	case	NOUN
taxlaw-2855	606	30	for	for	ADP
taxlaw-2855	606	31	much	much	ADJ
taxlaw-2855	606	32	of	of	ADP
taxlaw-2855	606	33	the	the	DET
taxlaw-2855	606	34	code	code	NOUN
taxlaw-2855	606	35	.	.	PUNCT
taxlaw-2855	607	1	a	a	DET
taxlaw-2855	607	2	taxpayer	taxpayer	NOUN
taxlaw-2855	607	3	is	be	AUX
taxlaw-2855	607	4	able	able	ADJ
taxlaw-2855	607	5	to	to	PART
taxlaw-2855	607	6	structure	structure	VERB
taxlaw-2855	607	7	into	into	ADP
taxlaw-2855	607	8	a	a	DET
taxlaw-2855	607	9	like	like	ADJ
taxlaw-2855	607	10	-	-	PUNCT
taxlaw-2855	607	11	kind	kind	NOUN
taxlaw-2855	607	12	exchange	exchange	NOUN
taxlaw-2855	607	13	solely	solely	ADV
taxlaw-2855	607	14	to	to	PART
taxlaw-2855	607	15	achieve	achieve	VERB
taxlaw-2855	607	16	a	a	DET
taxlaw-2855	607	17	specific	specific	ADJ
taxlaw-2855	607	18	tax	tax	NOUN
taxlaw-2855	607	19	result	result	NOUN
taxlaw-2855	607	20	,	,	PUNCT
taxlaw-2855	607	21	or	or	CCONJ
taxlaw-2855	607	22	change	change	VERB
taxlaw-2855	607	23	the	the	DET
taxlaw-2855	607	24	mix	mix	NOUN
taxlaw-2855	607	25	of	of	ADP
taxlaw-2855	607	26	consideration	consideration	NOUN
taxlaw-2855	607	27	in	in	ADP
taxlaw-2855	607	28	a	a	DET
taxlaw-2855	607	29	merger	merger	NOUN
taxlaw-2855	607	30	solely	solely	ADV
taxlaw-2855	607	31	to	to	PART
taxlaw-2855	607	32	achieve	achieve	VERB
taxlaw-2855	607	33	tax	tax	NOUN
taxlaw-2855	607	34	-	-	PUNCT
taxlaw-2855	607	35	free	free	ADJ
taxlaw-2855	607	36	status	status	NOUN
taxlaw-2855	607	37	.	.	PUNCT
taxlaw-2855	608	1	national	national	ADJ
taxlaw-2855	608	2	starch	starch	PROPN
taxlaw-2855	608	3	and	and	CCONJ
taxlaw-2855	608	4	granite	granite	NOUN
taxlaw-2855	608	5	trust	trust	NOUN
taxlaw-2855	608	6	transactions	transaction	NOUN
taxlaw-2855	608	7	are	be	AUX
taxlaw-2855	608	8	both	both	PRON
taxlaw-2855	608	9	,	,	PUNCT
taxlaw-2855	608	10	by	by	ADP
taxlaw-2855	608	11	definition	definition	NOUN
taxlaw-2855	608	12	,	,	PUNCT
taxlaw-2855	608	13	tax	tax	NOUN
taxlaw-2855	608	14	motivated	motivated	ADJ
taxlaw-2855	608	15	transactions	transaction	NOUN
taxlaw-2855	608	16	.	.	PUNCT
taxlaw-2855	609	1	the	the	DET
taxlaw-2855	609	2	fact	fact	NOUN
taxlaw-2855	609	3	that	that	SCONJ
taxlaw-2855	609	4	a	a	DET
taxlaw-2855	609	5	debt	debt	NOUN
taxlaw-2855	609	6	distribution	distribution	NOUN
taxlaw-2855	609	7	may	may	AUX
taxlaw-2855	609	8	be	be	AUX
taxlaw-2855	609	9	tax	tax	NOUN
taxlaw-2855	609	10	motivated	motivated	ADJ
taxlaw-2855	609	11	is	be	AUX
taxlaw-2855	609	12	no	no	PRON
taxlaw-2855	609	13	more	more	ADV
taxlaw-2855	609	14	relevant	relevant	ADJ
taxlaw-2855	609	15	to	to	ADP
taxlaw-2855	609	16	the	the	DET
taxlaw-2855	609	17	debt	debt	NOUN
taxlaw-2855	609	18	/	/	SYM
taxlaw-2855	609	19	equity	equity	NOUN
taxlaw-2855	609	20	question	question	NOUN
taxlaw-2855	609	21	than	than	ADP
taxlaw-2855	609	22	the	the	DET
taxlaw-2855	609	23	fact	fact	NOUN
taxlaw-2855	609	24	that	that	SCONJ
taxlaw-2855	609	25	a	a	DET
taxlaw-2855	609	26	corporation	corporation	NOUN
taxlaw-2855	609	27	issuing	issue	VERB
taxlaw-2855	609	28	third	third	ADJ
taxlaw-2855	609	29	party	party	NOUN
taxlaw-2855	609	30	debt	debt	NOUN
taxlaw-2855	609	31	may	may	AUX
taxlaw-2855	609	32	have	have	AUX
taxlaw-2855	609	33	been	be	AUX
taxlaw-2855	609	34	motivated	motivate	VERB
taxlaw-2855	609	35	by	by	ADP
taxlaw-2855	609	36	the	the	DET
taxlaw-2855	609	37	fact	fact	NOUN
taxlaw-2855	609	38	that	that	SCONJ
taxlaw-2855	609	39	interest	interest	NOUN
taxlaw-2855	609	40	is	be	AUX
taxlaw-2855	609	41	deductible	deductible	ADJ
taxlaw-2855	609	42	.	.	PUNCT
taxlaw-2855	610	1	debt	debt	NOUN
taxlaw-2855	610	2	/	/	SYM
taxlaw-2855	610	3	equity	equity	NOUN
taxlaw-2855	610	4	is	be	AUX
taxlaw-2855	610	5	not	not	PART
taxlaw-2855	610	6	a	a	DET
taxlaw-2855	610	7	context	context	NOUN
taxlaw-2855	610	8	where	where	SCONJ
taxlaw-2855	610	9	motivation	motivation	NOUN
taxlaw-2855	610	10	matters	matter	VERB
taxlaw-2855	610	11	.	.	PUNCT
taxlaw-2855	611	1	the	the	DET
taxlaw-2855	611	2	third	third	ADJ
taxlaw-2855	611	3	“	"	PUNCT
taxlaw-2855	611	4	factor	factor	NOUN
taxlaw-2855	611	5	”	"	PUNCT
taxlaw-2855	611	6	also	also	ADV
taxlaw-2855	611	7	fails	fail	VERB
taxlaw-2855	611	8	the	the	DET
taxlaw-2855	611	9	germaneness	germaneness	NOUN
taxlaw-2855	611	10	inquiry	inquiry	NOUN
taxlaw-2855	611	11	.	.	PUNCT
taxlaw-2855	612	1	it	it	PRON
taxlaw-2855	612	2	is	be	AUX
taxlaw-2855	612	3	not	not	PART
taxlaw-2855	612	4	too	too	ADV
taxlaw-2855	612	5	surprising	surprising	ADJ
taxlaw-2855	612	6	that	that	SCONJ
taxlaw-2855	612	7	the	the	DET
taxlaw-2855	612	8	per	per	X
taxlaw-2855	612	9	se	se	X
taxlaw-2855	612	10	rule	rule	NOUN
taxlaw-2855	612	11	is	be	AUX
taxlaw-2855	612	12	unhinged	unhinge	VERB
taxlaw-2855	612	13	from	from	ADP
taxlaw-2855	612	14	the	the	DET
taxlaw-2855	612	15	question	question	NOUN
taxlaw-2855	612	16	of	of	ADP
taxlaw-2855	612	17	whether	whether	SCONJ
taxlaw-2855	612	18	an	an	DET
taxlaw-2855	612	19	instrument	instrument	NOUN
taxlaw-2855	612	20	is	be	AUX
taxlaw-2855	612	21	in	in	ADP
taxlaw-2855	612	22	substance	substance	NOUN
taxlaw-2855	612	23	debt	debt	NOUN
taxlaw-2855	612	24	or	or	CCONJ
taxlaw-2855	612	25	equity	equity	NOUN
taxlaw-2855	612	26	,	,	PUNCT
taxlaw-2855	612	27	because	because	SCONJ
taxlaw-2855	612	28	the	the	DET
taxlaw-2855	612	29	irs	irs	PROPN
taxlaw-2855	612	30	acknowledges	acknowledge	VERB
taxlaw-2855	612	31	in	in	ADP
taxlaw-2855	612	32	the	the	DET
taxlaw-2855	612	33	preamble	preamble	NOUN
taxlaw-2855	612	34	to	to	ADP
taxlaw-2855	612	35	the	the	DET
taxlaw-2855	612	36	proposed	propose	VERB
taxlaw-2855	612	37	385	385	NUM
taxlaw-2855	612	38	regulations	regulation	NOUN
taxlaw-2855	612	39	that	that	PRON
taxlaw-2855	612	40	this	this	DET
taxlaw-2855	612	41	rule	rule	NOUN
taxlaw-2855	612	42	serves	serve	VERB
taxlaw-2855	612	43	a	a	DET
taxlaw-2855	612	44	different	different	ADJ
taxlaw-2855	612	45	purpose	purpose	NOUN
taxlaw-2855	612	46	.	.	PUNCT
taxlaw-2855	613	1	according	accord	VERB
taxlaw-2855	613	2	to	to	ADP
taxlaw-2855	613	3	the	the	DET
taxlaw-2855	613	4	irs	irs	PROPN
taxlaw-2855	613	5	,	,	PUNCT
taxlaw-2855	613	6	the	the	DET
taxlaw-2855	613	7	section	section	NOUN
taxlaw-2855	613	8	385	385	NUM
taxlaw-2855	613	9	regulations	regulation	NOUN
taxlaw-2855	613	10	are	be	AUX
taxlaw-2855	613	11	intended	intend	VERB
taxlaw-2855	613	12	to	to	PART
taxlaw-2855	613	13	“	"	PUNCT
taxlaw-2855	613	14	limit	limit	VERB
taxlaw-2855	613	15	the	the	DET
taxlaw-2855	613	16	benefits	benefit	NOUN
taxlaw-2855	613	17	of	of	ADP
taxlaw-2855	613	18	85	85	NUM
taxlaw-2855	613	19	we	we	PRON
taxlaw-2855	613	20	do	do	AUX
taxlaw-2855	613	21	not	not	PART
taxlaw-2855	613	22	believe	believe	VERB
taxlaw-2855	613	23	that	that	SCONJ
taxlaw-2855	613	24	any	any	DET
taxlaw-2855	613	25	regulation	regulation	NOUN
taxlaw-2855	613	26	that	that	PRON
taxlaw-2855	613	27	fails	fail	VERB
taxlaw-2855	613	28	to	to	PART
taxlaw-2855	613	29	create	create	VERB
taxlaw-2855	613	30	tax	tax	NOUN
taxlaw-2855	613	31	symmetry	symmetry	NOUN
taxlaw-2855	613	32	between	between	ADP
taxlaw-2855	613	33	two	two	NUM
taxlaw-2855	613	34	economically	economically	ADV
taxlaw-2855	613	35	similar	similar	ADJ
taxlaw-2855	613	36	or	or	CCONJ
taxlaw-2855	613	37	even	even	ADV
taxlaw-2855	613	38	identical	identical	ADJ
taxlaw-2855	613	39	transactions	transaction	NOUN
taxlaw-2855	613	40	is	be	AUX
taxlaw-2855	613	41	per	per	ADP
taxlaw-2855	613	42	se	se	X
taxlaw-2855	613	43	invalid	invalid	PROPN
taxlaw-2855	613	44	.	.	PUNCT
taxlaw-2855	613	45	nor	nor	CCONJ
taxlaw-2855	613	46	should	should	AUX
taxlaw-2855	613	47	a	a	DET
taxlaw-2855	613	48	regulation	regulation	NOUN
taxlaw-2855	613	49	have	have	VERB
taxlaw-2855	613	50	to	to	PART
taxlaw-2855	613	51	pick	pick	VERB
taxlaw-2855	613	52	up	up	ADP
taxlaw-2855	613	53	every	every	DET
taxlaw-2855	613	54	potential	potential	ADJ
taxlaw-2855	613	55	abuse	abuse	NOUN
taxlaw-2855	613	56	to	to	PART
taxlaw-2855	613	57	be	be	AUX
taxlaw-2855	613	58	upheld	uphold	VERB
taxlaw-2855	613	59	.	.	PUNCT
taxlaw-2855	614	1	however	however	ADV
taxlaw-2855	614	2	,	,	PUNCT
taxlaw-2855	614	3	where	where	SCONJ
taxlaw-2855	614	4	a	a	DET
taxlaw-2855	614	5	specific	specific	ADJ
taxlaw-2855	614	6	fact	fact	NOUN
taxlaw-2855	614	7	pattern	pattern	NOUN
taxlaw-2855	614	8	is	be	AUX
taxlaw-2855	614	9	being	be	AUX
taxlaw-2855	614	10	offered	offer	VERB
taxlaw-2855	614	11	as	as	ADP
taxlaw-2855	614	12	evidence	evidence	NOUN
taxlaw-2855	614	13	of	of	ADP
taxlaw-2855	614	14	something	something	PRON
taxlaw-2855	614	15	(	(	PUNCT
taxlaw-2855	614	16	in	in	ADP
taxlaw-2855	614	17	this	this	DET
taxlaw-2855	614	18	case	case	NOUN
taxlaw-2855	614	19	,	,	PUNCT
taxlaw-2855	614	20	either	either	CCONJ
taxlaw-2855	614	21	“	"	PUNCT
taxlaw-2855	614	22	equity	equity	NOUN
taxlaw-2855	614	23	-	-	PUNCT
taxlaw-2855	614	24	like	like	ADJ
taxlaw-2855	614	25	”	"	PUNCT
taxlaw-2855	614	26	features	feature	NOUN
taxlaw-2855	614	27	or	or	CCONJ
taxlaw-2855	614	28	potential	potential	NOUN
taxlaw-2855	614	29	for	for	ADP
taxlaw-2855	614	30	abuse	abuse	NOUN
taxlaw-2855	614	31	–	–	PUNCT
taxlaw-2855	614	32	it	it	PRON
taxlaw-2855	614	33	is	be	AUX
taxlaw-2855	614	34	not	not	PART
taxlaw-2855	614	35	entirely	entirely	ADV
taxlaw-2855	614	36	clear	clear	ADJ
taxlaw-2855	614	37	)	)	PUNCT
taxlaw-2855	614	38	,	,	PUNCT
taxlaw-2855	614	39	it	it	PRON
taxlaw-2855	614	40	is	be	AUX
taxlaw-2855	614	41	necessary	necessary	ADJ
taxlaw-2855	614	42	to	to	PART
taxlaw-2855	614	43	test	test	VERB
taxlaw-2855	614	44	whether	whether	SCONJ
taxlaw-2855	614	45	such	such	DET
taxlaw-2855	614	46	a	a	DET
taxlaw-2855	614	47	fact	fact	NOUN
taxlaw-2855	614	48	pattern	pattern	NOUN
taxlaw-2855	614	49	is	be	AUX
taxlaw-2855	614	50	actually	actually	ADV
taxlaw-2855	614	51	relevant	relevant	ADJ
taxlaw-2855	614	52	to	to	ADP
taxlaw-2855	614	53	the	the	DET
taxlaw-2855	614	54	substantive	substantive	ADJ
taxlaw-2855	614	55	question	question	NOUN
taxlaw-2855	614	56	,	,	PUNCT
taxlaw-2855	614	57	and	and	CCONJ
taxlaw-2855	614	58	these	these	DET
taxlaw-2855	614	59	examples	example	NOUN
taxlaw-2855	614	60	demonstrate	demonstrate	VERB
taxlaw-2855	614	61	that	that	SCONJ
taxlaw-2855	614	62	the	the	DET
taxlaw-2855	614	63	no	no	DET
taxlaw-2855	614	64	new	new	ADJ
taxlaw-2855	614	65	capital	capital	NOUN
taxlaw-2855	614	66	factor	factor	NOUN
taxlaw-2855	614	67	is	be	AUX
taxlaw-2855	614	68	not	not	PART
taxlaw-2855	614	69	relevant	relevant	ADJ
taxlaw-2855	614	70	.	.	PUNCT
taxlaw-2855	615	1	similarly	similarly	ADV
taxlaw-2855	615	2	,	,	PUNCT
taxlaw-2855	615	3	the	the	DET
taxlaw-2855	615	4	irs	irs	PROPN
taxlaw-2855	615	5	can	can	AUX
taxlaw-2855	615	6	issue	issue	VERB
taxlaw-2855	615	7	regulations	regulation	NOUN
taxlaw-2855	615	8	in	in	ADP
taxlaw-2855	615	9	piecemeal	piecemeal	ADJ
taxlaw-2855	615	10	–	–	PUNCT
taxlaw-2855	615	11	addressing	address	VERB
taxlaw-2855	615	12	one	one	NUM
taxlaw-2855	615	13	factual	factual	ADJ
taxlaw-2855	615	14	situation	situation	NOUN
taxlaw-2855	615	15	in	in	ADP
taxlaw-2855	615	16	a	a	DET
taxlaw-2855	615	17	set	set	NOUN
taxlaw-2855	615	18	of	of	ADP
taxlaw-2855	615	19	regulations	regulation	NOUN
taxlaw-2855	615	20	,	,	PUNCT
taxlaw-2855	615	21	with	with	ADP
taxlaw-2855	615	22	more	more	ADV
taxlaw-2855	615	23	robust	robust	ADJ
taxlaw-2855	615	24	and	and	CCONJ
taxlaw-2855	615	25	broad	broad	ADJ
taxlaw-2855	615	26	reaching	reach	VERB
taxlaw-2855	615	27	regulations	regulation	NOUN
taxlaw-2855	615	28	to	to	PART
taxlaw-2855	615	29	follow	follow	VERB
taxlaw-2855	615	30	.	.	PUNCT
taxlaw-2855	616	1	that	that	PRON
taxlaw-2855	616	2	,	,	PUNCT
taxlaw-2855	616	3	however	however	ADV
taxlaw-2855	616	4	,	,	PUNCT
taxlaw-2855	616	5	can	can	AUX
taxlaw-2855	616	6	not	not	PART
taxlaw-2855	616	7	bless	bless	VERB
taxlaw-2855	616	8	every	every	DET
taxlaw-2855	616	9	set	set	NOUN
taxlaw-2855	616	10	of	of	ADP
taxlaw-2855	616	11	“	"	PUNCT
taxlaw-2855	616	12	along	along	ADP
taxlaw-2855	616	13	the	the	DET
taxlaw-2855	616	14	way	way	NOUN
taxlaw-2855	616	15	”	"	PUNCT
taxlaw-2855	616	16	regulations	regulation	NOUN
taxlaw-2855	616	17	.	.	PUNCT
taxlaw-2855	617	1	the	the	DET
taxlaw-2855	617	2	irs	irs	PROPN
taxlaw-2855	617	3	can	can	AUX
taxlaw-2855	617	4	not	not	PART
taxlaw-2855	617	5	issue	issue	VERB
taxlaw-2855	617	6	regulations	regulation	NOUN
taxlaw-2855	617	7	targeting	target	VERB
taxlaw-2855	617	8	corporations	corporation	NOUN
taxlaw-2855	617	9	whose	whose	DET
taxlaw-2855	617	10	name	name	NOUN
taxlaw-2855	617	11	begins	begin	VERB
taxlaw-2855	617	12	with	with	ADP
taxlaw-2855	617	13	a	a	PRON
taxlaw-2855	617	14	,	,	PUNCT
taxlaw-2855	617	15	for	for	ADP
taxlaw-2855	617	16	example	example	NOUN
taxlaw-2855	617	17	,	,	PUNCT
taxlaw-2855	617	18	and	and	CCONJ
taxlaw-2855	617	19	justify	justify	VERB
taxlaw-2855	617	20	the	the	DET
taxlaw-2855	617	21	regulations	regulation	NOUN
taxlaw-2855	617	22	by	by	ADP
taxlaw-2855	617	23	declaring	declare	VERB
taxlaw-2855	617	24	that	that	SCONJ
taxlaw-2855	617	25	the	the	DET
taxlaw-2855	617	26	regulations	regulation	NOUN
taxlaw-2855	617	27	dealing	deal	VERB
taxlaw-2855	617	28	with	with	ADP
taxlaw-2855	617	29	b	b	X
taxlaw-2855	617	30	-	-	PUNCT
taxlaw-2855	617	31	z	z	NOUN
taxlaw-2855	617	32	are	be	AUX
taxlaw-2855	617	33	to	to	PART
taxlaw-2855	617	34	follow	follow	VERB
taxlaw-2855	617	35	.	.	PUNCT
taxlaw-2855	618	1	354	354	NUM
taxlaw-2855	618	2	columbia	columbia	PROPN
taxlaw-2855	618	3	journal	journal	PROPN
taxlaw-2855	618	4	of	of	ADP
taxlaw-2855	618	5	tax	tax	NOUN
taxlaw-2855	618	6	law	law	NOUN
taxlaw-2855	618	7	[	[	X
taxlaw-2855	618	8	vol.8:326	vol.8:326	ADJ
taxlaw-2855	618	9	post	post	ADJ
taxlaw-2855	618	10	-	-	ADJ
taxlaw-2855	618	11	inversion	inversion	ADJ
taxlaw-2855	618	12	tax	tax	NOUN
taxlaw-2855	618	13	avoidance	avoidance	NOUN
taxlaw-2855	618	14	transactions	transaction	NOUN
taxlaw-2855	618	15	”	"	PUNCT
taxlaw-2855	618	16	(	(	PUNCT
taxlaw-2855	618	17	i.e.	i.e.	X
taxlaw-2855	618	18	,	,	PUNCT
taxlaw-2855	618	19	the	the	DET
taxlaw-2855	618	20	section	section	NOUN
taxlaw-2855	618	21	385	385	NUM
taxlaw-2855	618	22	regulations	regulation	NOUN
taxlaw-2855	618	23	are	be	AUX
taxlaw-2855	618	24	the	the	DET
taxlaw-2855	618	25	“	"	PUNCT
taxlaw-2855	618	26	earnings	earning	NOUN
taxlaw-2855	618	27	stripping	stripping	NOUN
taxlaw-2855	618	28	”	"	PUNCT
taxlaw-2855	618	29	guidance	guidance	NOUN
taxlaw-2855	618	30	referred	refer	VERB
taxlaw-2855	618	31	to	to	ADP
taxlaw-2855	618	32	in	in	ADP
taxlaw-2855	618	33	the	the	DET
taxlaw-2855	618	34	2014	2014	NUM
taxlaw-2855	618	35	notice	notice	NOUN
taxlaw-2855	618	36	and	and	CCONJ
taxlaw-2855	618	37	notice	notice	VERB
taxlaw-2855	618	38	2015	2015	NUM
taxlaw-2855	618	39	-	-	SYM
taxlaw-2855	618	40	79).86	79).86	NOUN
taxlaw-2855	618	41	the	the	DET
taxlaw-2855	618	42	irs	irs	PROPN
taxlaw-2855	618	43	considers	consider	VERB
taxlaw-2855	618	44	a	a	DET
taxlaw-2855	618	45	note	note	NOUN
taxlaw-2855	618	46	distribution	distribution	NOUN
taxlaw-2855	618	47	to	to	ADP
taxlaw-2855	618	48	a	a	DET
taxlaw-2855	618	49	foreign	foreign	ADJ
taxlaw-2855	618	50	parent	parent	NOUN
taxlaw-2855	618	51	from	from	ADP
taxlaw-2855	618	52	an	an	DET
taxlaw-2855	618	53	inverted	inverted	ADJ
taxlaw-2855	618	54	u.s	u.s	PROPN
taxlaw-2855	618	55	.	.	PROPN
taxlaw-2855	618	56	corporation	corporation	NOUN
taxlaw-2855	618	57	to	to	PART
taxlaw-2855	618	58	be	be	AUX
taxlaw-2855	618	59	this	this	DET
taxlaw-2855	618	60	type	type	NOUN
taxlaw-2855	618	61	of	of	ADP
taxlaw-2855	618	62	transaction	transaction	NOUN
taxlaw-2855	618	63	.	.	PUNCT
taxlaw-2855	619	1	additionally	additionally	ADV
taxlaw-2855	619	2	,	,	PUNCT
taxlaw-2855	619	3	in	in	ADP
taxlaw-2855	619	4	the	the	DET
taxlaw-2855	619	5	preamble	preamble	NOUN
taxlaw-2855	619	6	to	to	ADP
taxlaw-2855	619	7	the	the	DET
taxlaw-2855	619	8	proposed	propose	VERB
taxlaw-2855	619	9	385	385	NUM
taxlaw-2855	619	10	regulations	regulation	NOUN
taxlaw-2855	619	11	,	,	PUNCT
taxlaw-2855	619	12	the	the	DET
taxlaw-2855	619	13	irs	irs	PROPN
taxlaw-2855	619	14	considered	consider	VERB
taxlaw-2855	619	15	the	the	DET
taxlaw-2855	619	16	proposed	proposed	ADJ
taxlaw-2855	619	17	385	385	NUM
taxlaw-2855	619	18	regulations	regulation	NOUN
taxlaw-2855	619	19	to	to	PART
taxlaw-2855	619	20	combat	combat	VERB
taxlaw-2855	619	21	the	the	DET
taxlaw-2855	619	22	“	"	PUNCT
taxlaw-2855	619	23	abuse	abuse	NOUN
taxlaw-2855	619	24	”	"	PUNCT
taxlaw-2855	619	25	of	of	ADP
taxlaw-2855	619	26	a	a	DET
taxlaw-2855	619	27	first	first	ADJ
taxlaw-2855	619	28	-	-	PUNCT
taxlaw-2855	619	29	tier	tier	NOUN
taxlaw-2855	619	30	cfc	cfc	NOUN
taxlaw-2855	619	31	’s	’s	PART
taxlaw-2855	619	32	distribution	distribution	NOUN
taxlaw-2855	619	33	of	of	ADP
taxlaw-2855	619	34	a	a	DET
taxlaw-2855	619	35	note	note	NOUN
taxlaw-2855	619	36	in	in	ADP
taxlaw-2855	619	37	a	a	DET
taxlaw-2855	619	38	year	year	NOUN
taxlaw-2855	619	39	when	when	SCONJ
taxlaw-2855	619	40	it	it	PRON
taxlaw-2855	619	41	has	have	VERB
taxlaw-2855	619	42	no	no	DET
taxlaw-2855	619	43	e&p	e&p	PROPN
taxlaw-2855	619	44	,	,	PUNCT
taxlaw-2855	619	45	which	which	PRON
taxlaw-2855	619	46	allows	allow	VERB
taxlaw-2855	619	47	for	for	ADP
taxlaw-2855	619	48	future	future	ADJ
taxlaw-2855	619	49	untaxed	untaxed	ADJ
taxlaw-2855	619	50	e&p	e&p	PROPN
taxlaw-2855	619	51	to	to	PART
taxlaw-2855	619	52	be	be	AUX
taxlaw-2855	619	53	brought	bring	VERB
taxlaw-2855	619	54	into	into	ADP
taxlaw-2855	619	55	the	the	DET
taxlaw-2855	619	56	u.s	u.s	PROPN
taxlaw-2855	619	57	.	.	PROPN
taxlaw-2855	619	58	without	without	ADP
taxlaw-2855	619	59	tax	tax	NOUN
taxlaw-2855	619	60	as	as	SCONJ
taxlaw-2855	619	61	principal	principal	ADJ
taxlaw-2855	619	62	payments	payment	NOUN
taxlaw-2855	619	63	are	be	AUX
taxlaw-2855	619	64	made	make	VERB
taxlaw-2855	619	65	on	on	ADP
taxlaw-2855	619	66	the	the	DET
taxlaw-2855	619	67	note.87	note.87	NOUN
taxlaw-2855	619	68	we	we	PRON
taxlaw-2855	619	69	previously	previously	ADV
taxlaw-2855	619	70	discussed	discuss	VERB
taxlaw-2855	619	71	and	and	CCONJ
taxlaw-2855	619	72	analyzed	analyze	VERB
taxlaw-2855	619	73	an	an	DET
taxlaw-2855	619	74	overt	overt	ADJ
taxlaw-2855	619	75	use	use	NOUN
taxlaw-2855	619	76	of	of	ADP
taxlaw-2855	619	77	regulations	regulation	NOUN
taxlaw-2855	619	78	under	under	ADP
taxlaw-2855	619	79	section	section	NOUN
taxlaw-2855	619	80	385	385	NUM
taxlaw-2855	619	81	to	to	PART
taxlaw-2855	619	82	adopt	adopt	VERB
taxlaw-2855	619	83	an	an	DET
taxlaw-2855	619	84	earnings	earning	NOUN
taxlaw-2855	619	85	stripping	strip	VERB
taxlaw-2855	619	86	policy	policy	NOUN
taxlaw-2855	619	87	inconsistent	inconsistent	ADJ
taxlaw-2855	619	88	with	with	ADP
taxlaw-2855	619	89	the	the	DET
taxlaw-2855	619	90	statutory	statutory	ADJ
taxlaw-2855	619	91	text	text	NOUN
taxlaw-2855	619	92	of	of	ADP
taxlaw-2855	619	93	section	section	NOUN
taxlaw-2855	619	94	163(j)—a	163(j)—a	ADV
taxlaw-2855	619	95	set	set	NOUN
taxlaw-2855	619	96	of	of	ADP
taxlaw-2855	619	97	regulations	regulation	NOUN
taxlaw-2855	619	98	that	that	PRON
taxlaw-2855	619	99	recharacterize	recharacterize	VERB
taxlaw-2855	619	100	debt	debt	NOUN
taxlaw-2855	619	101	as	as	ADP
taxlaw-2855	619	102	equity	equity	NOUN
taxlaw-2855	619	103	to	to	PART
taxlaw-2855	619	104	arrive	arrive	VERB
taxlaw-2855	619	105	at	at	ADP
taxlaw-2855	619	106	a	a	DET
taxlaw-2855	619	107	different	different	ADJ
taxlaw-2855	619	108	percentage	percentage	NOUN
taxlaw-2855	619	109	for	for	ADP
taxlaw-2855	619	110	calculating	calculate	VERB
taxlaw-2855	619	111	“	"	PUNCT
taxlaw-2855	619	112	excess	excess	ADJ
taxlaw-2855	619	113	interest	interest	NOUN
taxlaw-2855	619	114	expense	expense	NOUN
taxlaw-2855	619	115	”	"	PUNCT
taxlaw-2855	619	116	(	(	PUNCT
taxlaw-2855	619	117	25	25	NUM
taxlaw-2855	619	118	%	%	NOUN
taxlaw-2855	619	119	instead	instead	ADV
taxlaw-2855	619	120	of	of	ADP
taxlaw-2855	619	121	50	50	NUM
taxlaw-2855	619	122	%	%	NOUN
taxlaw-2855	619	123	)	)	PUNCT
taxlaw-2855	619	124	in	in	ADP
taxlaw-2855	619	125	section	section	NOUN
taxlaw-2855	619	126	163(j	163(j	PROPN
taxlaw-2855	619	127	)	)	PUNCT
taxlaw-2855	619	128	.	.	PUNCT
taxlaw-2855	620	1	similarly	similarly	ADV
taxlaw-2855	620	2	,	,	PUNCT
taxlaw-2855	620	3	we	we	PRON
taxlaw-2855	620	4	asked	ask	VERB
taxlaw-2855	620	5	whether	whether	SCONJ
taxlaw-2855	620	6	if	if	SCONJ
taxlaw-2855	620	7	that	that	DET
taxlaw-2855	620	8	approach	approach	NOUN
taxlaw-2855	620	9	is	be	AUX
taxlaw-2855	620	10	impermissible	impermissible	ADJ
taxlaw-2855	620	11	(	(	PUNCT
taxlaw-2855	620	12	and	and	CCONJ
taxlaw-2855	620	13	it	it	PRON
taxlaw-2855	620	14	should	should	AUX
taxlaw-2855	620	15	be	be	AUX
taxlaw-2855	620	16	)	)	PUNCT
taxlaw-2855	620	17	,	,	PUNCT
taxlaw-2855	620	18	should	should	AUX
taxlaw-2855	620	19	it	it	PRON
taxlaw-2855	620	20	be	be	AUX
taxlaw-2855	620	21	permissible	permissible	ADJ
taxlaw-2855	620	22	to	to	PART
taxlaw-2855	620	23	use	use	VERB
taxlaw-2855	620	24	section	section	NOUN
taxlaw-2855	620	25	385	385	NUM
taxlaw-2855	620	26	to	to	PART
taxlaw-2855	620	27	rewrite	rewrite	VERB
taxlaw-2855	620	28	section	section	NOUN
taxlaw-2855	620	29	163(j	163(j	PROPN
taxlaw-2855	620	30	)	)	PUNCT
taxlaw-2855	620	31	in	in	ADP
taxlaw-2855	620	32	a	a	DET
taxlaw-2855	620	33	less	less	ADV
taxlaw-2855	620	34	obvious	obvious	ADJ
taxlaw-2855	620	35	manner	manner	NOUN
taxlaw-2855	620	36	?	?	PUNCT
taxlaw-2855	621	1	again	again	ADV
taxlaw-2855	621	2	,	,	PUNCT
taxlaw-2855	621	3	we	we	PRON
taxlaw-2855	621	4	concluded	conclude	VERB
taxlaw-2855	621	5	the	the	DET
taxlaw-2855	621	6	answer	answer	NOUN
taxlaw-2855	621	7	should	should	AUX
taxlaw-2855	621	8	be	be	AUX
taxlaw-2855	621	9	no	no	PRON
taxlaw-2855	621	10	.	.	PUNCT
taxlaw-2855	622	1	can	can	AUX
taxlaw-2855	622	2	the	the	DET
taxlaw-2855	622	3	policy	policy	NOUN
taxlaw-2855	622	4	behind	behind	ADP
taxlaw-2855	622	5	section	section	NOUN
taxlaw-2855	622	6	163(j	163(j	PROPN
taxlaw-2855	622	7	)	)	PUNCT
taxlaw-2855	622	8	ever	ever	ADV
taxlaw-2855	622	9	justify	justify	VERB
taxlaw-2855	622	10	regulations	regulation	NOUN
taxlaw-2855	622	11	under	under	ADP
taxlaw-2855	622	12	section	section	NOUN
taxlaw-2855	622	13	385	385	NUM
taxlaw-2855	622	14	?	?	PUNCT
taxlaw-2855	623	1	the	the	DET
taxlaw-2855	623	2	answer	answer	NOUN
taxlaw-2855	623	3	here	here	ADV
taxlaw-2855	623	4	is	be	AUX
taxlaw-2855	623	5	less	less	ADV
taxlaw-2855	623	6	straightforward	straightforward	ADJ
taxlaw-2855	623	7	.	.	PUNCT
taxlaw-2855	624	1	the	the	DET
taxlaw-2855	624	2	policies	policy	NOUN
taxlaw-2855	624	3	of	of	ADP
taxlaw-2855	624	4	the	the	DET
taxlaw-2855	624	5	two	two	NUM
taxlaw-2855	624	6	sections	section	NOUN
taxlaw-2855	624	7	are	be	AUX
taxlaw-2855	624	8	less	less	ADV
taxlaw-2855	624	9	overlapping	overlapping	ADJ
taxlaw-2855	624	10	than	than	SCONJ
taxlaw-2855	624	11	they	they	PRON
taxlaw-2855	624	12	might	might	AUX
taxlaw-2855	624	13	seem	seem	VERB
taxlaw-2855	624	14	,	,	PUNCT
taxlaw-2855	624	15	as	as	SCONJ
taxlaw-2855	624	16	the	the	DET
taxlaw-2855	624	17	legislative	legislative	ADJ
taxlaw-2855	624	18	history	history	NOUN
taxlaw-2855	624	19	of	of	ADP
taxlaw-2855	624	20	section	section	NOUN
taxlaw-2855	624	21	385	385	NUM
taxlaw-2855	624	22	(	(	PUNCT
taxlaw-2855	624	23	and	and	CCONJ
taxlaw-2855	624	24	the	the	DET
taxlaw-2855	624	25	inclusion	inclusion	NOUN
taxlaw-2855	624	26	of	of	ADP
taxlaw-2855	624	27	the	the	DET
taxlaw-2855	624	28	section	section	NOUN
taxlaw-2855	624	29	385(b	385(b	PROPN
taxlaw-2855	624	30	)	)	PUNCT
taxlaw-2855	624	31	listed	list	VERB
taxlaw-2855	624	32	factors	factor	NOUN
taxlaw-2855	624	33	)	)	PUNCT
taxlaw-2855	624	34	suggests	suggest	VERB
taxlaw-2855	624	35	that	that	SCONJ
taxlaw-2855	624	36	the	the	DET
taxlaw-2855	624	37	purpose	purpose	NOUN
taxlaw-2855	624	38	of	of	ADP
taxlaw-2855	624	39	section	section	NOUN
taxlaw-2855	624	40	385	385	NUM
taxlaw-2855	624	41	is	be	AUX
taxlaw-2855	624	42	not	not	PART
taxlaw-2855	624	43	to	to	PART
taxlaw-2855	624	44	police	police	VERB
taxlaw-2855	624	45	interest	interest	NOUN
taxlaw-2855	624	46	expense	expense	NOUN
taxlaw-2855	624	47	but	but	CCONJ
taxlaw-2855	624	48	to	to	PART
taxlaw-2855	624	49	provide	provide	VERB
taxlaw-2855	624	50	clarity	clarity	NOUN
taxlaw-2855	624	51	to	to	ADP
taxlaw-2855	624	52	the	the	DET
taxlaw-2855	624	53	“	"	PUNCT
taxlaw-2855	624	54	ambiguities	ambiguity	NOUN
taxlaw-2855	624	55	and	and	CCONJ
taxlaw-2855	624	56	uncertainties	uncertainty	NOUN
taxlaw-2855	624	57	which	which	PRON
taxlaw-2855	624	58	have	have	AUX
taxlaw-2855	624	59	long	long	ADV
taxlaw-2855	624	60	existed	exist	VERB
taxlaw-2855	624	61	in	in	ADP
taxlaw-2855	624	62	our	our	PRON
taxlaw-2855	624	63	tax	tax	NOUN
taxlaw-2855	624	64	law	law	NOUN
taxlaw-2855	624	65	in	in	ADP
taxlaw-2855	624	66	distinguishing	distinguish	VERB
taxlaw-2855	624	67	between	between	ADP
taxlaw-2855	624	68	a	a	DET
taxlaw-2855	624	69	debt	debt	NOUN
taxlaw-2855	624	70	interest	interest	NOUN
taxlaw-2855	624	71	and	and	CCONJ
taxlaw-2855	624	72	an	an	DET
taxlaw-2855	624	73	equity	equity	NOUN
taxlaw-2855	624	74	interest	interest	NOUN
taxlaw-2855	624	75	in	in	ADP
taxlaw-2855	624	76	a	a	DET
taxlaw-2855	624	77	corporation	corporation	NOUN
taxlaw-2855	624	78	.	.	PUNCT
taxlaw-2855	625	1	”88	”88	ADJ
taxlaw-2855	625	2	the	the	DET
taxlaw-2855	625	3	policy	policy	NOUN
taxlaw-2855	625	4	of	of	ADP
taxlaw-2855	625	5	section	section	NOUN
taxlaw-2855	625	6	163(j	163(j	PROPN
taxlaw-2855	625	7	)	)	PUNCT
taxlaw-2855	625	8	(	(	PUNCT
taxlaw-2855	625	9	to	to	PART
taxlaw-2855	625	10	limit	limit	VERB
taxlaw-2855	625	11	excess	excess	ADJ
taxlaw-2855	625	12	interest	interest	NOUN
taxlaw-2855	625	13	expense	expense	NOUN
taxlaw-2855	625	14	)	)	PUNCT
taxlaw-2855	625	15	and	and	CCONJ
taxlaw-2855	625	16	section	section	NOUN
taxlaw-2855	625	17	385	385	NUM
taxlaw-2855	625	18	(	(	PUNCT
taxlaw-2855	625	19	to	to	PART
taxlaw-2855	625	20	provide	provide	VERB
taxlaw-2855	625	21	clear	clear	ADJ
taxlaw-2855	625	22	rules	rule	NOUN
taxlaw-2855	625	23	on	on	ADP
taxlaw-2855	625	24	debt	debt	NOUN
taxlaw-2855	625	25	/	/	SYM
taxlaw-2855	625	26	equity	equity	NOUN
taxlaw-2855	625	27	)	)	PUNCT
taxlaw-2855	625	28	might	might	AUX
taxlaw-2855	625	29	be	be	AUX
taxlaw-2855	625	30	viewed	view	VERB
taxlaw-2855	625	31	as	as	ADP
taxlaw-2855	625	32	in	in	ADP
taxlaw-2855	625	33	service	service	NOUN
taxlaw-2855	625	34	of	of	ADP
taxlaw-2855	625	35	a	a	DET
taxlaw-2855	625	36	similar	similar	ADJ
taxlaw-2855	625	37	higher	high	ADJ
taxlaw-2855	625	38	principle	principle	NOUN
taxlaw-2855	625	39	,	,	PUNCT
taxlaw-2855	625	40	but	but	CCONJ
taxlaw-2855	625	41	the	the	DET
taxlaw-2855	625	42	further	further	ADJ
taxlaw-2855	625	43	the	the	DET
taxlaw-2855	625	44	section	section	NOUN
taxlaw-2855	625	45	385	385	NUM
taxlaw-2855	625	46	regulations	regulation	NOUN
taxlaw-2855	625	47	drift	drift	NOUN
taxlaw-2855	625	48	from	from	ADP
taxlaw-2855	625	49	a	a	DET
taxlaw-2855	625	50	substantive	substantive	ADJ
taxlaw-2855	625	51	analysis	analysis	NOUN
taxlaw-2855	625	52	of	of	ADP
taxlaw-2855	625	53	an	an	DET
taxlaw-2855	625	54	instrument	instrument	NOUN
taxlaw-2855	625	55	as	as	ADP
taxlaw-2855	625	56	debt	debt	NOUN
taxlaw-2855	625	57	or	or	CCONJ
taxlaw-2855	625	58	equity	equity	NOUN
taxlaw-2855	625	59	,	,	PUNCT
taxlaw-2855	625	60	the	the	DET
taxlaw-2855	625	61	more	more	ADJ
taxlaw-2855	625	62	suspect	suspect	ADJ
taxlaw-2855	625	63	they	they	PRON
taxlaw-2855	625	64	become	become	VERB
taxlaw-2855	625	65	.	.	PUNCT
taxlaw-2855	626	1	the	the	DET
taxlaw-2855	626	2	per	per	X
taxlaw-2855	626	3	se	se	X
taxlaw-2855	626	4	rule	rule	NOUN
taxlaw-2855	626	5	is	be	AUX
taxlaw-2855	626	6	completely	completely	ADV
taxlaw-2855	626	7	unmoored	unmoored	ADJ
taxlaw-2855	626	8	from	from	ADP
taxlaw-2855	626	9	the	the	DET
taxlaw-2855	626	10	substantive	substantive	ADJ
taxlaw-2855	626	11	debt	debt	NOUN
taxlaw-2855	626	12	/	/	SYM
taxlaw-2855	626	13	equity	equity	NOUN
taxlaw-2855	626	14	question	question	NOUN
taxlaw-2855	626	15	and	and	CCONJ
taxlaw-2855	626	16	,	,	PUNCT
taxlaw-2855	626	17	as	as	SCONJ
taxlaw-2855	626	18	the	the	DET
taxlaw-2855	626	19	irs	irs	PROPN
taxlaw-2855	626	20	acknowledges	acknowledge	VERB
taxlaw-2855	626	21	,	,	PUNCT
taxlaw-2855	626	22	motivated	motivate	VERB
taxlaw-2855	626	23	entirely	entirely	ADV
taxlaw-2855	626	24	by	by	ADP
taxlaw-2855	626	25	policy	policy	NOUN
taxlaw-2855	626	26	concerns	concern	NOUN
taxlaw-2855	626	27	.	.	PUNCT
taxlaw-2855	627	1	if	if	SCONJ
taxlaw-2855	627	2	this	this	PRON
taxlaw-2855	627	3	is	be	AUX
taxlaw-2855	627	4	allowable	allowable	ADJ
taxlaw-2855	627	5	,	,	PUNCT
taxlaw-2855	627	6	the	the	DET
taxlaw-2855	627	7	irs	irs	PROPN
taxlaw-2855	627	8	could	could	AUX
taxlaw-2855	627	9	also	also	ADV
taxlaw-2855	627	10	issue	issue	VERB
taxlaw-2855	627	11	a	a	DET
taxlaw-2855	627	12	“	"	PUNCT
taxlaw-2855	627	13	per	per	X
taxlaw-2855	627	14	se	se	X
taxlaw-2855	627	15	rule	rule	NOUN
taxlaw-2855	627	16	”	"	PUNCT
taxlaw-2855	627	17	for	for	ADP
taxlaw-2855	627	18	debt	debt	NOUN
taxlaw-2855	627	19	of	of	ADP
taxlaw-2855	627	20	a	a	DET
taxlaw-2855	627	21	u.s	u.s	PROPN
taxlaw-2855	627	22	.	.	PROPN
taxlaw-2855	627	23	corporation	corporation	NOUN
taxlaw-2855	627	24	held	hold	VERB
taxlaw-2855	627	25	by	by	ADP
taxlaw-2855	627	26	a	a	DET
taxlaw-2855	627	27	non	non	PROPN
taxlaw-2855	627	28	-	-	ADJ
taxlaw-2855	627	29	u.s	u.s	ADJ
taxlaw-2855	627	30	.	.	PROPN
taxlaw-2855	627	31	person	person	NOUN
taxlaw-2855	627	32	(	(	PUNCT
taxlaw-2855	627	33	repealing	repeal	VERB
taxlaw-2855	627	34	portfolio	portfolio	NOUN
taxlaw-2855	627	35	interest	interest	NOUN
taxlaw-2855	627	36	)	)	PUNCT
taxlaw-2855	627	37	because	because	SCONJ
taxlaw-2855	627	38	the	the	DET
taxlaw-2855	627	39	executive	executive	ADJ
taxlaw-2855	627	40	branch	branch	NOUN
taxlaw-2855	627	41	determines	determine	VERB
taxlaw-2855	627	42	that	that	SCONJ
taxlaw-2855	627	43	the	the	DET
taxlaw-2855	627	44	policy	policy	NOUN
taxlaw-2855	627	45	of	of	ADP
taxlaw-2855	627	46	section	section	NOUN
taxlaw-2855	627	47	871(h)(3)—the	871(h)(3)—the	DET
taxlaw-2855	627	48	limitations	limitation	NOUN
taxlaw-2855	627	49	on	on	ADP
taxlaw-2855	627	50	portfolio	portfolio	NOUN
taxlaw-2855	627	51	interest	interest	NOUN
taxlaw-2855	627	52	—	—	PUNCT
taxlaw-2855	627	53	needs	need	VERB
taxlaw-2855	627	54	to	to	PART
taxlaw-2855	627	55	be	be	AUX
taxlaw-2855	627	56	backstopped	backstoppe	VERB
taxlaw-2855	627	57	.	.	PUNCT
taxlaw-2855	628	1	using	use	VERB
taxlaw-2855	628	2	section	section	NOUN
taxlaw-2855	628	3	385	385	NUM
taxlaw-2855	628	4	to	to	PART
taxlaw-2855	628	5	support	support	VERB
taxlaw-2855	628	6	the	the	DET
taxlaw-2855	628	7	policy	policy	NOUN
taxlaw-2855	628	8	of	of	ADP
taxlaw-2855	628	9	limiting	limit	VERB
taxlaw-2855	628	10	cfc	cfc	NOUN
taxlaw-2855	628	11	note	note	NOUN
taxlaw-2855	628	12	distributions	distribution	NOUN
taxlaw-2855	628	13	in	in	ADP
taxlaw-2855	628	14	the	the	DET
taxlaw-2855	628	15	context	context	NOUN
taxlaw-2855	628	16	described	describe	VERB
taxlaw-2855	628	17	in	in	ADP
taxlaw-2855	628	18	the	the	DET
taxlaw-2855	628	19	proposed	propose	VERB
taxlaw-2855	628	20	385	385	NUM
taxlaw-2855	628	21	regulations	regulation	NOUN
taxlaw-2855	628	22	is	be	AUX
taxlaw-2855	628	23	even	even	ADV
taxlaw-2855	628	24	more	more	ADV
taxlaw-2855	628	25	novel	novel	ADJ
taxlaw-2855	628	26	.	.	PUNCT
taxlaw-2855	629	1	when	when	SCONJ
taxlaw-2855	629	2	has	have	AUX
taxlaw-2855	629	3	congress	congress	PROPN
taxlaw-2855	629	4	ever	ever	ADV
taxlaw-2855	629	5	espoused	espouse	VERB
taxlaw-2855	629	6	such	such	DET
taxlaw-2855	629	7	a	a	DET
taxlaw-2855	629	8	policy	policy	NOUN
taxlaw-2855	629	9	?	?	PUNCT
taxlaw-2855	630	1	it	it	PRON
taxlaw-2855	630	2	can	can	AUX
taxlaw-2855	630	3	not	not	PART
taxlaw-2855	630	4	be	be	AUX
taxlaw-2855	630	5	found	find	VERB
taxlaw-2855	630	6	in	in	ADP
taxlaw-2855	630	7	section	section	NOUN
taxlaw-2855	630	8	301	301	NUM
taxlaw-2855	630	9	,	,	PUNCT
taxlaw-2855	630	10	316	316	NUM
taxlaw-2855	630	11	,	,	PUNCT
taxlaw-2855	630	12	317	317	NUM
taxlaw-2855	630	13	,	,	PUNCT
taxlaw-2855	630	14	367(b	367(b	PROPN
taxlaw-2855	630	15	)	)	PUNCT
taxlaw-2855	630	16	,	,	PUNCT
taxlaw-2855	630	17	951	951	NUM
taxlaw-2855	630	18	,	,	PUNCT
taxlaw-2855	630	19	or	or	CCONJ
taxlaw-2855	630	20	956	956	NUM
taxlaw-2855	630	21	.	.	PUNCT
taxlaw-2855	631	1	indeed	indeed	ADV
taxlaw-2855	631	2	,	,	PUNCT
taxlaw-2855	631	3	such	such	DET
taxlaw-2855	631	4	a	a	DET
taxlaw-2855	631	5	policy	policy	NOUN
taxlaw-2855	631	6	is	be	AUX
taxlaw-2855	631	7	arguably	arguably	ADV
taxlaw-2855	631	8	inconsistent	inconsistent	ADJ
taxlaw-2855	631	9	with	with	ADP
taxlaw-2855	631	10	those	those	DET
taxlaw-2855	631	11	sections	section	NOUN
taxlaw-2855	631	12	.	.	PUNCT
taxlaw-2855	632	1	if	if	SCONJ
taxlaw-2855	632	2	the	the	DET
taxlaw-2855	632	3	executive	executive	ADJ
taxlaw-2855	632	4	branch	branch	NOUN
taxlaw-2855	632	5	can	can	AUX
taxlaw-2855	632	6	use	use	VERB
taxlaw-2855	632	7	a	a	DET
taxlaw-2855	632	8	grant	grant	NOUN
taxlaw-2855	632	9	of	of	ADP
taxlaw-2855	632	10	authority	authority	NOUN
taxlaw-2855	632	11	pursuant	pursuant	ADJ
taxlaw-2855	632	12	to	to	ADP
taxlaw-2855	632	13	section	section	NOUN
taxlaw-2855	632	14	385	385	NUM
taxlaw-2855	632	15	to	to	PART
taxlaw-2855	632	16	backstop	backstop	VERB
taxlaw-2855	632	17	a	a	DET
taxlaw-2855	632	18	“	"	PUNCT
taxlaw-2855	632	19	policy	policy	NOUN
taxlaw-2855	632	20	”	"	PUNCT
taxlaw-2855	632	21	that	that	PRON
taxlaw-2855	632	22	is	be	AUX
taxlaw-2855	632	23	missing	missing	ADJ
taxlaw-2855	632	24	,	,	PUNCT
taxlaw-2855	632	25	not	not	PART
taxlaw-2855	632	26	just	just	ADV
taxlaw-2855	632	27	from	from	ADP
taxlaw-2855	632	28	section	section	NOUN
taxlaw-2855	632	29	385	385	NUM
taxlaw-2855	632	30	,	,	PUNCT
taxlaw-2855	632	31	but	but	CCONJ
taxlaw-2855	632	32	the	the	DET
taxlaw-2855	632	33	entire	entire	ADJ
taxlaw-2855	632	34	code	code	NOUN
taxlaw-2855	632	35	,	,	PUNCT
taxlaw-2855	632	36	then	then	ADV
taxlaw-2855	632	37	section	section	NOUN
taxlaw-2855	632	38	385	385	NUM
taxlaw-2855	632	39	’s	’s	PART
taxlaw-2855	632	40	scope	scope	NOUN
taxlaw-2855	632	41	is	be	AUX
taxlaw-2855	632	42	alarmingly	alarmingly	ADV
taxlaw-2855	632	43	broad	broad	ADJ
taxlaw-2855	632	44	—	—	PUNCT
taxlaw-2855	632	45	what	what	PRON
taxlaw-2855	632	46	is	be	AUX
taxlaw-2855	632	47	to	to	PART
taxlaw-2855	632	48	prevent	prevent	VERB
taxlaw-2855	632	49	a	a	DET
taxlaw-2855	632	50	future	future	ADJ
taxlaw-2855	632	51	administration	administration	NOUN
taxlaw-2855	632	52	that	that	SCONJ
taxlaw-2855	632	53	86	86	NUM
taxlaw-2855	632	54	reg-108060	reg-108060	NOUN
taxlaw-2855	632	55	-	-	PUNCT
taxlaw-2855	632	56	15	15	NUM
taxlaw-2855	632	57	,	,	PUNCT
taxlaw-2855	632	58	2016	2016	NUM
taxlaw-2855	632	59	-	-	SYM
taxlaw-2855	632	60	17	17	NUM
taxlaw-2855	632	61	i.r.b	i.r.b	NOUN
taxlaw-2855	632	62	.	.	PUNCT
taxlaw-2855	633	1	636	636	NUM
taxlaw-2855	633	2	,	,	PUNCT
taxlaw-2855	633	3	642	642	NUM
taxlaw-2855	633	4	,	,	PUNCT
taxlaw-2855	633	5	81	81	NUM
taxlaw-2855	633	6	fr	fr	PROPN
taxlaw-2855	633	7	20917	20917	NUM
taxlaw-2855	633	8	(	(	PUNCT
taxlaw-2855	633	9	apr	apr	PROPN
taxlaw-2855	633	10	.	.	PROPN
taxlaw-2855	633	11	8	8	NUM
taxlaw-2855	633	12	,	,	PUNCT
taxlaw-2855	633	13	2016	2016	NUM
taxlaw-2855	633	14	)	)	PUNCT
taxlaw-2855	633	15	.	.	PUNCT
taxlaw-2855	634	1	87	87	NUM
taxlaw-2855	634	2	reg-108060	reg-108060	NOUN
taxlaw-2855	634	3	-	-	PUNCT
taxlaw-2855	634	4	15	15	NUM
taxlaw-2855	634	5	,	,	PUNCT
taxlaw-2855	634	6	2016	2016	NUM
taxlaw-2855	634	7	-	-	SYM
taxlaw-2855	634	8	17	17	NUM
taxlaw-2855	634	9	i.r.b	i.r.b	NOUN
taxlaw-2855	634	10	.	.	PUNCT
taxlaw-2855	634	11	636	636	NUM
taxlaw-2855	634	12	,	,	PUNCT
taxlaw-2855	634	13	641	641	NUM
taxlaw-2855	634	14	,	,	PUNCT
taxlaw-2855	634	15	81	81	NUM
taxlaw-2855	634	16	fr	fr	NOUN
taxlaw-2855	634	17	20916	20916	NUM
taxlaw-2855	634	18	(	(	PUNCT
taxlaw-2855	634	19	apr	apr	PROPN
taxlaw-2855	634	20	.	.	PROPN
taxlaw-2855	634	21	8	8	NUM
taxlaw-2855	634	22	,	,	PUNCT
taxlaw-2855	634	23	2016	2016	NUM
taxlaw-2855	634	24	)	)	PUNCT
taxlaw-2855	634	25	.	.	PUNCT
taxlaw-2855	635	1	while	while	SCONJ
taxlaw-2855	635	2	this	this	DET
taxlaw-2855	635	3	rule	rule	NOUN
taxlaw-2855	635	4	was	be	AUX
taxlaw-2855	635	5	not	not	PART
taxlaw-2855	635	6	retained	retain	VERB
taxlaw-2855	635	7	in	in	ADP
taxlaw-2855	635	8	the	the	DET
taxlaw-2855	635	9	final	final	ADJ
taxlaw-2855	635	10	and	and	CCONJ
taxlaw-2855	635	11	temporary	temporary	ADJ
taxlaw-2855	635	12	385	385	NUM
taxlaw-2855	635	13	regulations	regulation	NOUN
taxlaw-2855	635	14	because	because	SCONJ
taxlaw-2855	635	15	those	those	DET
taxlaw-2855	635	16	regulations	regulation	NOUN
taxlaw-2855	635	17	are	be	AUX
taxlaw-2855	635	18	limited	limit	VERB
taxlaw-2855	635	19	to	to	ADP
taxlaw-2855	635	20	debt	debt	NOUN
taxlaw-2855	635	21	issued	issue	VERB
taxlaw-2855	635	22	by	by	ADP
taxlaw-2855	635	23	u.s	u.s	PROPN
taxlaw-2855	635	24	.	.	PROPN
taxlaw-2855	635	25	corporations	corporation	NOUN
taxlaw-2855	635	26	,	,	PUNCT
taxlaw-2855	635	27	the	the	DET
taxlaw-2855	635	28	irs	irs	PROPN
taxlaw-2855	635	29	did	do	AUX
taxlaw-2855	635	30	not	not	PART
taxlaw-2855	635	31	pare	pare	VERB
taxlaw-2855	635	32	back	back	ADV
taxlaw-2855	635	33	the	the	DET
taxlaw-2855	635	34	regulations	regulation	NOUN
taxlaw-2855	635	35	in	in	ADP
taxlaw-2855	635	36	response	response	NOUN
taxlaw-2855	635	37	to	to	ADP
taxlaw-2855	635	38	questions	question	NOUN
taxlaw-2855	635	39	of	of	ADP
taxlaw-2855	635	40	authority	authority	NOUN
taxlaw-2855	635	41	.	.	PUNCT
taxlaw-2855	636	1	instead	instead	ADV
taxlaw-2855	636	2	,	,	PUNCT
taxlaw-2855	636	3	the	the	DET
taxlaw-2855	636	4	final	final	ADJ
taxlaw-2855	636	5	and	and	CCONJ
taxlaw-2855	636	6	temporary	temporary	ADJ
taxlaw-2855	636	7	385	385	NUM
taxlaw-2855	636	8	regulations	regulation	NOUN
taxlaw-2855	636	9	“	"	PUNCT
taxlaw-2855	636	10	reserve	reserve	VERB
taxlaw-2855	636	11	on	on	ADP
taxlaw-2855	636	12	their	their	PRON
taxlaw-2855	636	13	application	application	NOUN
taxlaw-2855	636	14	with	with	ADP
taxlaw-2855	636	15	respect	respect	NOUN
taxlaw-2855	636	16	to	to	ADP
taxlaw-2855	636	17	debt	debt	NOUN
taxlaw-2855	636	18	issued	issue	VERB
taxlaw-2855	636	19	by	by	ADP
taxlaw-2855	636	20	foreign	foreign	ADJ
taxlaw-2855	636	21	issuers	issuer	NOUN
taxlaw-2855	636	22	due	due	ADP
taxlaw-2855	636	23	to	to	ADP
taxlaw-2855	636	24	the	the	DET
taxlaw-2855	636	25	potential	potential	ADJ
taxlaw-2855	636	26	complexity	complexity	NOUN
taxlaw-2855	636	27	and	and	CCONJ
taxlaw-2855	636	28	collateral	collateral	ADJ
taxlaw-2855	636	29	consequences	consequence	NOUN
taxlaw-2855	636	30	of	of	ADP
taxlaw-2855	636	31	applying	apply	VERB
taxlaw-2855	636	32	the	the	DET
taxlaw-2855	636	33	regulations	regulation	NOUN
taxlaw-2855	636	34	in	in	ADP
taxlaw-2855	636	35	this	this	DET
taxlaw-2855	636	36	context	context	NOUN
taxlaw-2855	636	37	where	where	SCONJ
taxlaw-2855	636	38	the	the	DET
taxlaw-2855	636	39	u.s	u.s	PROPN
taxlaw-2855	636	40	.	.	PROPN
taxlaw-2855	636	41	tax	tax	NOUN
taxlaw-2855	636	42	implications	implication	NOUN
taxlaw-2855	636	43	are	be	AUX
taxlaw-2855	636	44	less	less	ADV
taxlaw-2855	636	45	direct	direct	ADJ
taxlaw-2855	636	46	and	and	CCONJ
taxlaw-2855	636	47	of	of	ADP
taxlaw-2855	636	48	a	a	DET
taxlaw-2855	636	49	different	different	ADJ
taxlaw-2855	636	50	nature	nature	NOUN
taxlaw-2855	636	51	.	.	PUNCT
taxlaw-2855	636	52	”	"	PUNCT
taxlaw-2855	637	1	t.d	t.d	PROPN
taxlaw-2855	637	2	.	.	PROPN
taxlaw-2855	637	3	9790	9790	NUM
taxlaw-2855	637	4	,	,	PUNCT
taxlaw-2855	637	5	2016	2016	NUM
taxlaw-2855	637	6	-	-	SYM
taxlaw-2855	637	7	45	45	NUM
taxlaw-2855	637	8	i.r.b	i.r.b	NOUN
taxlaw-2855	637	9	.	.	PUNCT
taxlaw-2855	638	1	540	540	NUM
taxlaw-2855	638	2	,	,	PUNCT
taxlaw-2855	638	3	568	568	NUM
taxlaw-2855	638	4	,	,	PUNCT
taxlaw-2855	638	5	81	81	NUM
taxlaw-2855	638	6	fr	fr	PROPN
taxlaw-2855	638	7	72882	72882	NUM
taxlaw-2855	638	8	(	(	PUNCT
taxlaw-2855	638	9	oct	oct	PROPN
taxlaw-2855	638	10	.	.	PROPN
taxlaw-2855	638	11	21	21	NUM
taxlaw-2855	638	12	,	,	PUNCT
taxlaw-2855	638	13	2016	2016	NUM
taxlaw-2855	638	14	)	)	PUNCT
taxlaw-2855	638	15	.	.	PUNCT
taxlaw-2855	639	1	88	88	NUM
taxlaw-2855	639	2	s.	s.	PROPN
taxlaw-2855	639	3	rep	rep	PROPN
taxlaw-2855	639	4	.	.	PROPN
taxlaw-2855	639	5	no	no	INTJ
taxlaw-2855	639	6	.	.	NOUN
taxlaw-2855	639	7	91	91	NUM
taxlaw-2855	639	8	-	-	SYM
taxlaw-2855	639	9	552	552	NUM
taxlaw-2855	639	10	(	(	PUNCT
taxlaw-2855	639	11	1969	1969	NUM
taxlaw-2855	639	12	)	)	PUNCT
taxlaw-2855	639	13	.	.	PUNCT
taxlaw-2855	640	1	2017	2017	NUM
taxlaw-2855	640	2	]	]	PUNCT
taxlaw-2855	640	3	a	a	DET
taxlaw-2855	640	4	framework	framework	NOUN
taxlaw-2855	640	5	for	for	ADP
taxlaw-2855	640	6	testing	test	VERB
taxlaw-2855	640	7	regulatory	regulatory	ADJ
taxlaw-2855	640	8	authority	authority	NOUN
taxlaw-2855	640	9	355	355	NUM
taxlaw-2855	640	10	determines	determine	NOUN
taxlaw-2855	640	11	that	that	SCONJ
taxlaw-2855	640	12	the	the	DET
taxlaw-2855	640	13	corporate	corporate	ADJ
taxlaw-2855	640	14	tax	tax	NOUN
taxlaw-2855	640	15	is	be	AUX
taxlaw-2855	640	16	anti	anti	ADJ
taxlaw-2855	640	17	-	-	ADJ
taxlaw-2855	640	18	competitive	competitive	ADJ
taxlaw-2855	640	19	from	from	ADP
taxlaw-2855	640	20	issuing	issue	VERB
taxlaw-2855	640	21	new	new	ADJ
taxlaw-2855	640	22	regulations	regulation	NOUN
taxlaw-2855	640	23	under	under	ADP
taxlaw-2855	640	24	section	section	NOUN
taxlaw-2855	640	25	385	385	NUM
taxlaw-2855	640	26	that	that	PRON
taxlaw-2855	640	27	treat	treat	VERB
taxlaw-2855	640	28	all	all	DET
taxlaw-2855	640	29	corporate	corporate	ADJ
taxlaw-2855	640	30	equity	equity	NOUN
taxlaw-2855	640	31	as	as	ADP
taxlaw-2855	640	32	debt?89	debt?89	PROPN
taxlaw-2855	640	33	for	for	ADP
taxlaw-2855	640	34	any	any	DET
taxlaw-2855	640	35	set	set	NOUN
taxlaw-2855	640	36	of	of	ADP
taxlaw-2855	640	37	section	section	NOUN
taxlaw-2855	640	38	385	385	NUM
taxlaw-2855	640	39	regulations	regulation	NOUN
taxlaw-2855	640	40	to	to	PART
taxlaw-2855	640	41	be	be	AUX
taxlaw-2855	640	42	valid	valid	ADJ
taxlaw-2855	640	43	,	,	PUNCT
taxlaw-2855	640	44	there	there	PRON
taxlaw-2855	640	45	must	must	AUX
taxlaw-2855	640	46	be	be	AUX
taxlaw-2855	640	47	a	a	DET
taxlaw-2855	640	48	relationship	relationship	NOUN
taxlaw-2855	640	49	between	between	ADP
taxlaw-2855	640	50	the	the	DET
taxlaw-2855	640	51	factors	factor	NOUN
taxlaw-2855	640	52	the	the	DET
taxlaw-2855	640	53	regulations	regulation	NOUN
taxlaw-2855	640	54	set	set	VERB
taxlaw-2855	640	55	out	out	ADP
taxlaw-2855	640	56	and	and	CCONJ
taxlaw-2855	640	57	the	the	DET
taxlaw-2855	640	58	true	true	ADJ
taxlaw-2855	640	59	nature	nature	NOUN
taxlaw-2855	640	60	of	of	ADP
taxlaw-2855	640	61	an	an	DET
taxlaw-2855	640	62	instrument	instrument	NOUN
taxlaw-2855	640	63	as	as	ADP
taxlaw-2855	640	64	stock	stock	NOUN
taxlaw-2855	640	65	or	or	CCONJ
taxlaw-2855	640	66	debt	debt	NOUN
taxlaw-2855	640	67	.	.	PUNCT
taxlaw-2855	641	1	the	the	DET
taxlaw-2855	641	2	factors	factor	NOUN
taxlaw-2855	641	3	listed	list	VERB
taxlaw-2855	641	4	in	in	ADP
taxlaw-2855	641	5	the	the	DET
taxlaw-2855	641	6	preamble	preamble	NOUN
taxlaw-2855	641	7	to	to	ADP
taxlaw-2855	641	8	the	the	DET
taxlaw-2855	641	9	proposed	propose	VERB
taxlaw-2855	641	10	385	385	NUM
taxlaw-2855	641	11	regulations	regulation	NOUN
taxlaw-2855	641	12	do	do	AUX
taxlaw-2855	641	13	not	not	PART
taxlaw-2855	641	14	satisfy	satisfy	VERB
taxlaw-2855	641	15	this	this	DET
taxlaw-2855	641	16	requirement	requirement	NOUN
taxlaw-2855	641	17	and	and	CCONJ
taxlaw-2855	641	18	the	the	DET
taxlaw-2855	641	19	per	per	X
taxlaw-2855	641	20	se	se	X
taxlaw-2855	641	21	rule	rule	NOUN
taxlaw-2855	641	22	,	,	PUNCT
taxlaw-2855	641	23	a	a	DET
taxlaw-2855	641	24	rule	rule	NOUN
taxlaw-2855	641	25	that	that	SCONJ
taxlaw-2855	641	26	the	the	DET
taxlaw-2855	641	27	irs	irs	PROPN
taxlaw-2855	641	28	acknowledges	acknowledge	VERB
taxlaw-2855	641	29	is	be	AUX
taxlaw-2855	641	30	a	a	DET
taxlaw-2855	641	31	rule	rule	NOUN
taxlaw-2855	641	32	about	about	ADP
taxlaw-2855	641	33	earnings	earning	NOUN
taxlaw-2855	641	34	stripping	stripping	NOUN
taxlaw-2855	641	35	,	,	PUNCT
taxlaw-2855	641	36	is	be	AUX
taxlaw-2855	641	37	therefore	therefore	ADV
taxlaw-2855	641	38	beyond	beyond	ADP
taxlaw-2855	641	39	the	the	DET
taxlaw-2855	641	40	scope	scope	NOUN
taxlaw-2855	641	41	of	of	ADP
taxlaw-2855	641	42	even	even	ADV
taxlaw-2855	641	43	the	the	DET
taxlaw-2855	641	44	broad	broad	ADJ
taxlaw-2855	641	45	authority	authority	NOUN
taxlaw-2855	641	46	granted	grant	VERB
taxlaw-2855	641	47	by	by	ADP
taxlaw-2855	641	48	section	section	NOUN
taxlaw-2855	641	49	385	385	NUM
taxlaw-2855	641	50	.	.	PUNCT
taxlaw-2855	642	1	e.	e.	PROPN
taxlaw-2855	642	2	provision	provision	PROPN
taxlaw-2855	642	3	#	#	SYM
taxlaw-2855	642	4	5	5	NUM
taxlaw-2855	642	5	:	:	PUNCT
taxlaw-2855	642	6	treasury	treasury	NOUN
taxlaw-2855	642	7	regulation	regulation	NOUN
taxlaw-2855	642	8	section	section	NOUN
taxlaw-2855	642	9	1.385	1.385	NUM
taxlaw-2855	642	10	-	-	SYM
taxlaw-2855	642	11	3t(f	3t(f	NUM
taxlaw-2855	642	12	)	)	PUNCT
taxlaw-2855	642	13	(	(	PUNCT
taxlaw-2855	642	14	the	the	DET
taxlaw-2855	642	15	“	"	PUNCT
taxlaw-2855	642	16	partnership	partnership	NOUN
taxlaw-2855	642	17	rule	rule	NOUN
taxlaw-2855	642	18	”	"	PUNCT
taxlaw-2855	642	19	)	)	PUNCT
taxlaw-2855	642	20	.	.	PUNCT
taxlaw-2855	643	1	under	under	ADP
taxlaw-2855	643	2	treasury	treasury	PROPN
taxlaw-2855	643	3	regulations	regulation	NOUN
taxlaw-2855	643	4	section	section	NOUN
taxlaw-2855	643	5	1.385	1.385	NUM
taxlaw-2855	643	6	-	-	SYM
taxlaw-2855	643	7	3t(f	3t(f	NUM
taxlaw-2855	643	8	)	)	PUNCT
taxlaw-2855	643	9	,	,	PUNCT
taxlaw-2855	643	10	for	for	ADP
taxlaw-2855	643	11	purposes	purpose	NOUN
taxlaw-2855	643	12	of	of	ADP
taxlaw-2855	643	13	applying	apply	VERB
taxlaw-2855	643	14	the	the	DET
taxlaw-2855	643	15	per	per	X
taxlaw-2855	643	16	se	se	X
taxlaw-2855	643	17	rule	rule	NOUN
taxlaw-2855	643	18	,	,	PUNCT
taxlaw-2855	643	19	a	a	DET
taxlaw-2855	643	20	controlled	control	VERB
taxlaw-2855	643	21	partnership	partnership	NOUN
taxlaw-2855	643	22	is	be	AUX
taxlaw-2855	643	23	treated	treat	VERB
taxlaw-2855	643	24	as	as	ADP
taxlaw-2855	643	25	an	an	DET
taxlaw-2855	643	26	aggregate	aggregate	NOUN
taxlaw-2855	643	27	of	of	ADP
taxlaw-2855	643	28	its	its	PRON
taxlaw-2855	643	29	partners	partner	NOUN
taxlaw-2855	643	30	.	.	PUNCT
taxlaw-2855	644	1	thus	thus	ADV
taxlaw-2855	644	2	,	,	PUNCT
taxlaw-2855	644	3	if	if	SCONJ
taxlaw-2855	644	4	a	a	DET
taxlaw-2855	644	5	controlled	control	VERB
taxlaw-2855	644	6	partnership	partnership	NOUN
taxlaw-2855	644	7	borrows	borrow	VERB
taxlaw-2855	644	8	,	,	PUNCT
taxlaw-2855	644	9	the	the	DET
taxlaw-2855	644	10	borrowing	borrowing	NOUN
taxlaw-2855	644	11	is	be	AUX
taxlaw-2855	644	12	treated	treat	VERB
taxlaw-2855	644	13	as	as	ADP
taxlaw-2855	644	14	having	having	AUX
taxlaw-2855	644	15	been	be	AUX
taxlaw-2855	644	16	made	make	VERB
taxlaw-2855	644	17	by	by	ADP
taxlaw-2855	644	18	its	its	PRON
taxlaw-2855	644	19	corporate	corporate	ADJ
taxlaw-2855	644	20	partners	partner	NOUN
taxlaw-2855	644	21	.	.	PUNCT
taxlaw-2855	645	1	if	if	SCONJ
taxlaw-2855	645	2	the	the	DET
taxlaw-2855	645	3	debt	debt	NOUN
taxlaw-2855	645	4	of	of	ADP
taxlaw-2855	645	5	the	the	DET
taxlaw-2855	645	6	partnership	partnership	NOUN
taxlaw-2855	645	7	(	(	PUNCT
taxlaw-2855	645	8	deemed	deem	VERB
taxlaw-2855	645	9	to	to	PART
taxlaw-2855	645	10	be	be	AUX
taxlaw-2855	645	11	debt	debt	NOUN
taxlaw-2855	645	12	of	of	ADP
taxlaw-2855	645	13	the	the	DET
taxlaw-2855	645	14	corporate	corporate	ADJ
taxlaw-2855	645	15	partners	partner	NOUN
taxlaw-2855	645	16	)	)	PUNCT
taxlaw-2855	645	17	is	be	AUX
taxlaw-2855	645	18	recharacterized	recharacterize	VERB
taxlaw-2855	645	19	as	as	ADP
taxlaw-2855	645	20	equity	equity	NOUN
taxlaw-2855	645	21	with	with	ADP
taxlaw-2855	645	22	respect	respect	NOUN
taxlaw-2855	645	23	to	to	ADP
taxlaw-2855	645	24	one	one	NUM
taxlaw-2855	645	25	or	or	CCONJ
taxlaw-2855	645	26	more	more	ADJ
taxlaw-2855	645	27	of	of	ADP
taxlaw-2855	645	28	the	the	DET
taxlaw-2855	645	29	corporate	corporate	ADJ
taxlaw-2855	645	30	partners	partner	NOUN
taxlaw-2855	645	31	,	,	PUNCT
taxlaw-2855	645	32	the	the	DET
taxlaw-2855	645	33	holders	holder	NOUN
taxlaw-2855	645	34	of	of	ADP
taxlaw-2855	645	35	the	the	DET
taxlaw-2855	645	36	recharacterized	recharacterized	ADJ
taxlaw-2855	645	37	debt	debt	NOUN
taxlaw-2855	645	38	instrument	instrument	NOUN
taxlaw-2855	645	39	is	be	AUX
taxlaw-2855	645	40	deemed	deem	VERB
taxlaw-2855	645	41	to	to	PART
taxlaw-2855	645	42	transfer	transfer	VERB
taxlaw-2855	645	43	the	the	DET
taxlaw-2855	645	44	recharacterized	recharacterized	ADJ
taxlaw-2855	645	45	portion	portion	NOUN
taxlaw-2855	645	46	of	of	ADP
taxlaw-2855	645	47	the	the	DET
taxlaw-2855	645	48	debt	debt	NOUN
taxlaw-2855	645	49	instrument	instrument	NOUN
taxlaw-2855	645	50	to	to	ADP
taxlaw-2855	645	51	the	the	DET
taxlaw-2855	645	52	corporate	corporate	ADJ
taxlaw-2855	645	53	partner(s	partner(s	NOUN
taxlaw-2855	645	54	)	)	PUNCT
taxlaw-2855	645	55	in	in	ADP
taxlaw-2855	645	56	exchange	exchange	NOUN
taxlaw-2855	645	57	for	for	ADP
taxlaw-2855	645	58	stock	stock	NOUN
taxlaw-2855	645	59	of	of	ADP
taxlaw-2855	645	60	the	the	DET
taxlaw-2855	645	61	corporate	corporate	ADJ
taxlaw-2855	645	62	partner(s	partner(s	NOUN
taxlaw-2855	645	63	)	)	PUNCT
taxlaw-2855	645	64	.	.	PUNCT
taxlaw-2855	646	1	1	1	X
taxlaw-2855	646	2	.	.	X
taxlaw-2855	646	3	irs	irs	PROPN
taxlaw-2855	646	4	claimed	claim	VERB
taxlaw-2855	646	5	authority	authority	NOUN
taxlaw-2855	646	6	.	.	PUNCT
taxlaw-2855	647	1	the	the	DET
taxlaw-2855	647	2	irs	irs	PROPN
taxlaw-2855	647	3	breaks	break	VERB
taxlaw-2855	647	4	down	down	ADP
taxlaw-2855	647	5	its	its	PRON
taxlaw-2855	647	6	authorization	authorization	NOUN
taxlaw-2855	647	7	for	for	ADP
taxlaw-2855	647	8	the	the	DET
taxlaw-2855	647	9	partnership	partnership	NOUN
taxlaw-2855	647	10	rule	rule	NOUN
taxlaw-2855	647	11	into	into	ADP
taxlaw-2855	647	12	three	three	NUM
taxlaw-2855	647	13	steps	step	NOUN
taxlaw-2855	647	14	.	.	PUNCT
taxlaw-2855	648	1	first	first	ADV
taxlaw-2855	648	2	,	,	PUNCT
taxlaw-2855	648	3	the	the	DET
taxlaw-2855	648	4	partnership	partnership	NOUN
taxlaw-2855	648	5	rule	rule	NOUN
taxlaw-2855	648	6	treats	treat	NOUN
taxlaw-2855	648	7	partnership	partnership	NOUN
taxlaw-2855	648	8	debt	debt	NOUN
taxlaw-2855	648	9	as	as	ADP
taxlaw-2855	648	10	debt	debt	NOUN
taxlaw-2855	648	11	of	of	ADP
taxlaw-2855	648	12	the	the	DET
taxlaw-2855	648	13	corporate	corporate	ADJ
taxlaw-2855	648	14	partners	partner	NOUN
taxlaw-2855	648	15	,	,	PUNCT
taxlaw-2855	648	16	relying	rely	VERB
taxlaw-2855	648	17	on	on	ADP
taxlaw-2855	648	18	the	the	DET
taxlaw-2855	648	19	legislative	legislative	ADJ
taxlaw-2855	648	20	history	history	NOUN
taxlaw-2855	648	21	of	of	ADP
taxlaw-2855	648	22	subchapter	subchapter	NOUN
taxlaw-2855	648	23	k	k	NOUN
taxlaw-2855	648	24	that	that	SCONJ
taxlaw-2855	648	25	for	for	ADP
taxlaw-2855	648	26	purposes	purpose	NOUN
taxlaw-2855	648	27	of	of	ADP
taxlaw-2855	648	28	interpreting	interpret	VERB
taxlaw-2855	648	29	code	code	NOUN
taxlaw-2855	648	30	provisions	provision	NOUN
taxlaw-2855	648	31	outside	outside	ADP
taxlaw-2855	648	32	of	of	ADP
taxlaw-2855	648	33	subchapter	subchapter	NOUN
taxlaw-2855	648	34	k	k	PROPN
taxlaw-2855	648	35	,	,	PUNCT
taxlaw-2855	648	36	a	a	DET
taxlaw-2855	648	37	partnership	partnership	NOUN
taxlaw-2855	648	38	may	may	AUX
taxlaw-2855	648	39	be	be	AUX
taxlaw-2855	648	40	treated	treat	VERB
taxlaw-2855	648	41	as	as	ADP
taxlaw-2855	648	42	either	either	CCONJ
taxlaw-2855	648	43	an	an	DET
taxlaw-2855	648	44	entity	entity	NOUN
taxlaw-2855	648	45	separate	separate	ADJ
taxlaw-2855	648	46	from	from	ADP
taxlaw-2855	648	47	its	its	PRON
taxlaw-2855	648	48	partners	partner	NOUN
taxlaw-2855	648	49	or	or	CCONJ
taxlaw-2855	648	50	an	an	DET
taxlaw-2855	648	51	aggregate	aggregate	NOUN
taxlaw-2855	648	52	of	of	ADP
taxlaw-2855	648	53	its	its	PRON
taxlaw-2855	648	54	partners	partner	NOUN
taxlaw-2855	648	55	,	,	PUNCT
taxlaw-2855	648	56	“	"	PUNCT
taxlaw-2855	648	57	depending	depend	VERB
taxlaw-2855	648	58	on	on	ADP
taxlaw-2855	648	59	which	which	DET
taxlaw-2855	648	60	characterization	characterization	NOUN
taxlaw-2855	648	61	is	be	AUX
taxlaw-2855	648	62	more	more	ADV
taxlaw-2855	648	63	appropriate	appropriate	ADJ
taxlaw-2855	648	64	to	to	PART
taxlaw-2855	648	65	carry	carry	VERB
taxlaw-2855	648	66	out	out	ADP
taxlaw-2855	648	67	the	the	DET
taxlaw-2855	648	68	purpose	purpose	NOUN
taxlaw-2855	648	69	of	of	ADP
taxlaw-2855	648	70	the	the	DET
taxlaw-2855	648	71	particular	particular	ADJ
taxlaw-2855	648	72	section	section	NOUN
taxlaw-2855	648	73	under	under	ADP
taxlaw-2855	648	74	consideration”.90	consideration”.90	PROPN
taxlaw-2855	648	75	second	second	ADJ
taxlaw-2855	648	76	,	,	PUNCT
taxlaw-2855	648	77	the	the	DET
taxlaw-2855	648	78	irs	irs	PROPN
taxlaw-2855	648	79	analyzes	analyze	VERB
taxlaw-2855	648	80	the	the	DET
taxlaw-2855	648	81	deemed	deem	VERB
taxlaw-2855	648	82	partner	partner	NOUN
taxlaw-2855	648	83	-	-	PUNCT
taxlaw-2855	648	84	level	level	NOUN
taxlaw-2855	648	85	debt	debt	NOUN
taxlaw-2855	648	86	under	under	ADP
taxlaw-2855	648	87	the	the	DET
taxlaw-2855	648	88	section	section	NOUN
taxlaw-2855	648	89	385	385	NUM
taxlaw-2855	648	90	regulations	regulation	NOUN
taxlaw-2855	648	91	.	.	PUNCT
taxlaw-2855	649	1	no	no	DET
taxlaw-2855	649	2	specific	specific	ADJ
taxlaw-2855	649	3	authority	authority	NOUN
taxlaw-2855	649	4	is	be	AUX
taxlaw-2855	649	5	cited	cite	VERB
taxlaw-2855	649	6	for	for	ADP
taxlaw-2855	649	7	this	this	DET
taxlaw-2855	649	8	position	position	NOUN
taxlaw-2855	649	9	,	,	PUNCT
taxlaw-2855	649	10	although	although	SCONJ
taxlaw-2855	649	11	it	it	PRON
taxlaw-2855	649	12	follows	follow	VERB
taxlaw-2855	649	13	from	from	ADP
taxlaw-2855	649	14	the	the	DET
taxlaw-2855	649	15	treatment	treatment	NOUN
taxlaw-2855	649	16	of	of	ADP
taxlaw-2855	649	17	the	the	DET
taxlaw-2855	649	18	partnership	partnership	NOUN
taxlaw-2855	649	19	debt	debt	NOUN
taxlaw-2855	649	20	as	as	ADP
taxlaw-2855	649	21	partner	partner	NOUN
taxlaw-2855	649	22	-	-	PUNCT
taxlaw-2855	649	23	level	level	NOUN
taxlaw-2855	649	24	debt	debt	NOUN
taxlaw-2855	649	25	under	under	ADP
taxlaw-2855	649	26	the	the	DET
taxlaw-2855	649	27	aggregate	aggregate	ADJ
taxlaw-2855	649	28	theory	theory	NOUN
taxlaw-2855	649	29	.	.	PUNCT
taxlaw-2855	650	1	last	last	ADJ
taxlaw-2855	650	2	,	,	PUNCT
taxlaw-2855	650	3	if	if	SCONJ
taxlaw-2855	650	4	the	the	DET
taxlaw-2855	650	5	deemed	deem	VERB
taxlaw-2855	650	6	partner	partner	NOUN
taxlaw-2855	650	7	-	-	PUNCT
taxlaw-2855	650	8	level	level	NOUN
taxlaw-2855	650	9	debt	debt	NOUN
taxlaw-2855	650	10	would	would	AUX
taxlaw-2855	650	11	be	be	AUX
taxlaw-2855	650	12	recharacterized	recharacterize	VERB
taxlaw-2855	650	13	as	as	ADP
taxlaw-2855	650	14	equity	equity	NOUN
taxlaw-2855	650	15	,	,	PUNCT
taxlaw-2855	650	16	the	the	DET
taxlaw-2855	650	17	irs	irs	PROPN
taxlaw-2855	650	18	relies	rely	VERB
taxlaw-2855	650	19	on	on	ADP
taxlaw-2855	650	20	the	the	DET
taxlaw-2855	650	21	anti	anti	ADJ
taxlaw-2855	650	22	-	-	ADJ
taxlaw-2855	650	23	conduit	conduit	ADJ
taxlaw-2855	650	24	rule	rule	NOUN
taxlaw-2855	650	25	of	of	ADP
taxlaw-2855	650	26	section	section	NOUN
taxlaw-2855	650	27	7701(l	7701(l	NUM
taxlaw-2855	650	28	)	)	PUNCT
taxlaw-2855	650	29	to	to	PART
taxlaw-2855	650	30	deem	deem	VERB
taxlaw-2855	650	31	the	the	DET
taxlaw-2855	650	32	recharacterized	recharacterized	ADJ
taxlaw-2855	650	33	debt	debt	NOUN
taxlaw-2855	650	34	instrument	instrument	NOUN
taxlaw-2855	650	35	as	as	ADP
taxlaw-2855	650	36	having	having	AUX
taxlaw-2855	650	37	been	be	AUX
taxlaw-2855	650	38	transferred	transfer	VERB
taxlaw-2855	650	39	to	to	ADP
taxlaw-2855	650	40	a	a	DET
taxlaw-2855	650	41	corporate	corporate	ADJ
taxlaw-2855	650	42	partner	partner	NOUN
taxlaw-2855	650	43	in	in	ADP
taxlaw-2855	650	44	exchange	exchange	NOUN
taxlaw-2855	650	45	for	for	ADP
taxlaw-2855	650	46	its	its	PRON
taxlaw-2855	650	47	stock.91	stock.91	NOUN
taxlaw-2855	650	48	2	2	NUM
taxlaw-2855	650	49	.	.	PUNCT
taxlaw-2855	650	50	a	a	DET
taxlaw-2855	650	51	closer	close	ADJ
taxlaw-2855	650	52	look	look	NOUN
taxlaw-2855	650	53	.	.	PUNCT
taxlaw-2855	651	1	section	section	NOUN
taxlaw-2855	651	2	385	385	NUM
taxlaw-2855	651	3	is	be	AUX
taxlaw-2855	651	4	titled	title	VERB
taxlaw-2855	651	5	“	"	PUNCT
taxlaw-2855	651	6	treatment	treatment	NOUN
taxlaw-2855	651	7	of	of	ADP
taxlaw-2855	651	8	certain	certain	ADJ
taxlaw-2855	651	9	interests	interest	NOUN
taxlaw-2855	651	10	in	in	ADP
taxlaw-2855	651	11	corporations	corporation	NOUN
taxlaw-2855	651	12	as	as	ADP
taxlaw-2855	651	13	stock	stock	NOUN
taxlaw-2855	651	14	or	or	CCONJ
taxlaw-2855	651	15	indebtedness	indebtedness	NOUN
taxlaw-2855	651	16	”	"	PUNCT
taxlaw-2855	651	17	.	.	PUNCT
taxlaw-2855	652	1	there	there	PRON
taxlaw-2855	652	2	is	be	VERB
taxlaw-2855	652	3	no	no	DET
taxlaw-2855	652	4	reference	reference	NOUN
taxlaw-2855	652	5	to	to	ADP
taxlaw-2855	652	6	partnerships	partnership	NOUN
taxlaw-2855	652	7	in	in	ADP
taxlaw-2855	652	8	any	any	PRON
taxlaw-2855	652	9	of	of	ADP
taxlaw-2855	652	10	the	the	DET
taxlaw-2855	652	11	legislative	legislative	ADJ
taxlaw-2855	652	12	history	history	NOUN
taxlaw-2855	652	13	of	of	ADP
taxlaw-2855	652	14	section	section	NOUN
taxlaw-2855	652	15	385	385	NUM
taxlaw-2855	652	16	.	.	PUNCT
taxlaw-2855	653	1	the	the	DET
taxlaw-2855	653	2	previous	previous	ADJ
taxlaw-2855	653	3	iterations	iteration	NOUN
taxlaw-2855	653	4	of	of	ADP
taxlaw-2855	653	5	the	the	DET
taxlaw-2855	653	6	section	section	NOUN
taxlaw-2855	653	7	385	385	NUM
taxlaw-2855	653	8	regulations	regulation	NOUN
taxlaw-2855	653	9	contained	contain	VERB
taxlaw-2855	653	10	no	no	DET
taxlaw-2855	653	11	reference	reference	NOUN
taxlaw-2855	653	12	89	89	NUM
taxlaw-2855	653	13	it	it	PRON
taxlaw-2855	653	14	is	be	AUX
taxlaw-2855	653	15	too	too	ADV
taxlaw-2855	653	16	cute	cute	ADJ
taxlaw-2855	653	17	to	to	PART
taxlaw-2855	653	18	declare	declare	VERB
taxlaw-2855	653	19	this	this	DET
taxlaw-2855	653	20	hypothetical	hypothetical	ADJ
taxlaw-2855	653	21	regulation	regulation	NOUN
taxlaw-2855	653	22	unauthorized	unauthorized	ADJ
taxlaw-2855	653	23	because	because	SCONJ
taxlaw-2855	653	24	the	the	DET
taxlaw-2855	653	25	irs	irs	PROPN
taxlaw-2855	653	26	is	be	AUX
taxlaw-2855	653	27	constrained	constrain	VERB
taxlaw-2855	653	28	by	by	ADP
taxlaw-2855	653	29	section	section	NOUN
taxlaw-2855	653	30	385(b	385(b	PROPN
taxlaw-2855	653	31	)	)	PUNCT
taxlaw-2855	653	32	’s	’s	PART
taxlaw-2855	653	33	reference	reference	NOUN
taxlaw-2855	653	34	to	to	ADP
taxlaw-2855	653	35	factors	factor	NOUN
taxlaw-2855	653	36	taken	take	VERB
taxlaw-2855	653	37	into	into	ADP
taxlaw-2855	653	38	account	account	NOUN
taxlaw-2855	653	39	in	in	ADP
taxlaw-2855	653	40	a	a	DET
taxlaw-2855	653	41	“	"	PUNCT
taxlaw-2855	653	42	particular	particular	ADJ
taxlaw-2855	653	43	factual	factual	ADJ
taxlaw-2855	653	44	situation	situation	NOUN
taxlaw-2855	653	45	”	"	PUNCT
taxlaw-2855	653	46	and	and	CCONJ
taxlaw-2855	653	47	this	this	DET
taxlaw-2855	653	48	example	example	NOUN
taxlaw-2855	653	49	is	be	AUX
taxlaw-2855	653	50	not	not	PART
taxlaw-2855	653	51	a	a	DET
taxlaw-2855	653	52	particular	particular	ADJ
taxlaw-2855	653	53	situation	situation	NOUN
taxlaw-2855	653	54	,	,	PUNCT
taxlaw-2855	653	55	but	but	CCONJ
taxlaw-2855	653	56	all	all	DET
taxlaw-2855	653	57	situations	situation	NOUN
taxlaw-2855	653	58	.	.	PUNCT
taxlaw-2855	654	1	that	that	PRON
taxlaw-2855	654	2	linguistic	linguistic	ADJ
taxlaw-2855	654	3	hurdle	hurdle	NOUN
taxlaw-2855	654	4	is	be	AUX
taxlaw-2855	654	5	easily	easily	ADV
taxlaw-2855	654	6	cleared	clear	VERB
taxlaw-2855	654	7	;	;	PUNCT
taxlaw-2855	654	8	we	we	PRON
taxlaw-2855	654	9	can	can	AUX
taxlaw-2855	654	10	limit	limit	VERB
taxlaw-2855	654	11	the	the	DET
taxlaw-2855	654	12	“	"	PUNCT
taxlaw-2855	654	13	all	all	DET
taxlaw-2855	654	14	stock	stock	NOUN
taxlaw-2855	654	15	is	be	AUX
taxlaw-2855	654	16	debt	debt	NOUN
taxlaw-2855	654	17	”	"	PUNCT
taxlaw-2855	654	18	rule	rule	NOUN
taxlaw-2855	654	19	to	to	ADP
taxlaw-2855	654	20	u.s	u.s	PROPN
taxlaw-2855	654	21	.	.	PROPN
taxlaw-2855	654	22	corporations	corporation	NOUN
taxlaw-2855	654	23	and	and	CCONJ
taxlaw-2855	654	24	non	non	ADJ
taxlaw-2855	654	25	-	-	ADJ
taxlaw-2855	654	26	u.s	u.s	PROPN
taxlaw-2855	654	27	.	.	PROPN
taxlaw-2855	654	28	corporations	corporation	NOUN
taxlaw-2855	654	29	with	with	ADP
taxlaw-2855	654	30	foreign	foreign	ADJ
taxlaw-2855	654	31	source	source	NOUN
taxlaw-2855	654	32	income	income	NOUN
taxlaw-2855	654	33	.	.	PUNCT
taxlaw-2855	655	1	the	the	DET
taxlaw-2855	655	2	limitations	limitation	NOUN
taxlaw-2855	655	3	of	of	ADP
taxlaw-2855	655	4	section	section	NOUN
taxlaw-2855	655	5	385	385	NUM
taxlaw-2855	655	6	must	must	AUX
taxlaw-2855	655	7	be	be	AUX
taxlaw-2855	655	8	more	more	ADV
taxlaw-2855	655	9	fundamental	fundamental	ADJ
taxlaw-2855	655	10	than	than	ADP
taxlaw-2855	655	11	whether	whether	SCONJ
taxlaw-2855	655	12	a	a	DET
taxlaw-2855	655	13	clever	clever	ADJ
taxlaw-2855	655	14	lawyer	lawyer	NOUN
taxlaw-2855	655	15	can	can	AUX
taxlaw-2855	655	16	wordsmith	wordsmith	VERB
taxlaw-2855	655	17	a	a	DET
taxlaw-2855	655	18	regulation	regulation	NOUN
taxlaw-2855	655	19	so	so	ADV
taxlaw-2855	655	20	clearly	clearly	ADV
taxlaw-2855	655	21	at	at	ADP
taxlaw-2855	655	22	odds	odd	NOUN
taxlaw-2855	655	23	with	with	ADP
taxlaw-2855	655	24	congressional	congressional	ADJ
taxlaw-2855	655	25	intent	intent	NOUN
taxlaw-2855	655	26	.	.	PUNCT
taxlaw-2855	656	1	90	90	NUM
taxlaw-2855	656	2	reg-108060	reg-108060	NOUN
taxlaw-2855	656	3	-	-	PUNCT
taxlaw-2855	656	4	15	15	NUM
taxlaw-2855	656	5	,	,	PUNCT
taxlaw-2855	656	6	2016	2016	NUM
taxlaw-2855	656	7	-	-	SYM
taxlaw-2855	656	8	17	17	NUM
taxlaw-2855	656	9	i.r.b	i.r.b	NOUN
taxlaw-2855	656	10	.	.	PUNCT
taxlaw-2855	656	11	636	636	NUM
taxlaw-2855	656	12	,	,	PUNCT
taxlaw-2855	656	13	653	653	NUM
taxlaw-2855	656	14	,	,	PUNCT
taxlaw-2855	656	15	81	81	NUM
taxlaw-2855	656	16	fr	fr	NOUN
taxlaw-2855	656	17	20926	20926	NUM
taxlaw-2855	656	18	-	-	SYM
taxlaw-2855	656	19	20927	20927	NUM
taxlaw-2855	656	20	(	(	PUNCT
taxlaw-2855	656	21	apr	apr	NOUN
taxlaw-2855	656	22	.	.	PROPN
taxlaw-2855	656	23	8	8	NUM
taxlaw-2855	656	24	,	,	PUNCT
taxlaw-2855	656	25	2016	2016	NUM
taxlaw-2855	656	26	)	)	PUNCT
taxlaw-2855	656	27	.	.	PUNCT
taxlaw-2855	657	1	(	(	PUNCT
taxlaw-2855	657	2	referencing	reference	VERB
taxlaw-2855	657	3	h.r	h.r	PROPN
taxlaw-2855	657	4	.	.	PROPN
taxlaw-2855	657	5	conf	conf	PROPN
taxlaw-2855	657	6	.	.	PUNCT
taxlaw-2855	658	1	rep	rep	PROPN
taxlaw-2855	658	2	.	.	PROPN
taxlaw-2855	658	3	no	no	NOUN
taxlaw-2855	658	4	.	.	NOUN
taxlaw-2855	658	5	2543	2543	NUM
taxlaw-2855	658	6	,	,	PUNCT
taxlaw-2855	658	7	83rd	83rd	ADJ
taxlaw-2855	658	8	cong	cong	NOUN
taxlaw-2855	658	9	.	.	PUNCT
taxlaw-2855	659	1	2d	2d	NOUN
taxlaw-2855	659	2	.	.	PUNCT
taxlaw-2855	660	1	sess	sess	PROPN
taxlaw-2855	660	2	.	.	PUNCT
taxlaw-2855	661	1	59	59	NUM
taxlaw-2855	661	2	(	(	PUNCT
taxlaw-2855	661	3	1954	1954	NUM
taxlaw-2855	661	4	)	)	PUNCT
taxlaw-2855	661	5	)	)	PUNCT
taxlaw-2855	662	1	;	;	PUNCT
taxlaw-2855	662	2	see	see	VERB
taxlaw-2855	662	3	also	also	ADV
taxlaw-2855	662	4	t.d	t.d	PROPN
taxlaw-2855	662	5	.	.	PROPN
taxlaw-2855	662	6	9790	9790	NUM
taxlaw-2855	662	7	,	,	PUNCT
taxlaw-2855	662	8	2016	2016	NUM
taxlaw-2855	662	9	-	-	SYM
taxlaw-2855	662	10	45	45	NUM
taxlaw-2855	662	11	i.r.b	i.r.b	NOUN
taxlaw-2855	662	12	.	.	PUNCT
taxlaw-2855	663	1	540	540	NUM
taxlaw-2855	663	2	,	,	PUNCT
taxlaw-2855	663	3	612	612	NUM
taxlaw-2855	663	4	,	,	PUNCT
taxlaw-2855	663	5	81	81	NUM
taxlaw-2855	663	6	fr	fr	PROPN
taxlaw-2855	663	7	72922	72922	NUM
taxlaw-2855	663	8	(	(	PUNCT
taxlaw-2855	663	9	oct	oct	PROPN
taxlaw-2855	663	10	.	.	PROPN
taxlaw-2855	663	11	21	21	NUM
taxlaw-2855	663	12	,	,	PUNCT
taxlaw-2855	663	13	2016	2016	NUM
taxlaw-2855	663	14	)	)	PUNCT
taxlaw-2855	663	15	.	.	PUNCT
taxlaw-2855	664	1	91	91	NUM
taxlaw-2855	664	2	preamble	preamble	NOUN
taxlaw-2855	664	3	to	to	ADP
taxlaw-2855	664	4	the	the	DET
taxlaw-2855	664	5	final	final	ADJ
taxlaw-2855	664	6	and	and	CCONJ
taxlaw-2855	664	7	temporary	temporary	ADJ
taxlaw-2855	664	8	385	385	NUM
taxlaw-2855	664	9	regulations	regulation	NOUN
taxlaw-2855	664	10	,	,	PUNCT
taxlaw-2855	664	11	t.d	t.d	PROPN
taxlaw-2855	664	12	.	.	PROPN
taxlaw-2855	664	13	9790	9790	NUM
taxlaw-2855	664	14	,	,	PUNCT
taxlaw-2855	664	15	2016	2016	NUM
taxlaw-2855	664	16	-	-	SYM
taxlaw-2855	664	17	45	45	NUM
taxlaw-2855	664	18	i.r.b	i.r.b	NOUN
taxlaw-2855	664	19	.	.	PUNCT
taxlaw-2855	665	1	540	540	NUM
taxlaw-2855	665	2	,	,	PUNCT
taxlaw-2855	665	3	613	613	NUM
taxlaw-2855	665	4	;	;	PUNCT
taxlaw-2855	665	5	treatment	treatment	NOUN
taxlaw-2855	665	6	of	of	ADP
taxlaw-2855	665	7	certain	certain	ADJ
taxlaw-2855	665	8	interests	interest	NOUN
taxlaw-2855	665	9	in	in	ADP
taxlaw-2855	665	10	corporations	corporation	NOUN
taxlaw-2855	665	11	as	as	ADP
taxlaw-2855	665	12	stock	stock	NOUN
taxlaw-2855	665	13	or	or	CCONJ
taxlaw-2855	665	14	indebtedness	indebtedness	NOUN
taxlaw-2855	665	15	,	,	PUNCT
taxlaw-2855	665	16	81	81	NUM
taxlaw-2855	665	17	fed	feed	VERB
taxlaw-2855	665	18	.	.	PUNCT
taxlaw-2855	666	1	reg	reg	PROPN
taxlaw-2855	666	2	.	.	PUNCT
taxlaw-2855	666	3	72858	72858	NUM
taxlaw-2855	666	4	,	,	PUNCT
taxlaw-2855	666	5	72922	72922	NUM
taxlaw-2855	666	6	,	,	PUNCT
taxlaw-2855	666	7	(	(	PUNCT
taxlaw-2855	666	8	oct	oct	PROPN
taxlaw-2855	666	9	.	.	PROPN
taxlaw-2855	666	10	21	21	NUM
taxlaw-2855	666	11	,	,	PUNCT
taxlaw-2855	666	12	2016	2016	NUM
taxlaw-2855	666	13	)	)	PUNCT
taxlaw-2855	666	14	.	.	PUNCT
taxlaw-2855	667	1	356	356	NUM
taxlaw-2855	667	2	columbia	columbia	PROPN
taxlaw-2855	667	3	journal	journal	PROPN
taxlaw-2855	667	4	of	of	ADP
taxlaw-2855	667	5	tax	tax	NOUN
taxlaw-2855	667	6	law	law	NOUN
taxlaw-2855	667	7	[	[	X
taxlaw-2855	667	8	vol.8:326	vol.8:326	PROPN
taxlaw-2855	667	9	to	to	ADP
taxlaw-2855	667	10	partnerships	partnership	NOUN
taxlaw-2855	667	11	.	.	PUNCT
taxlaw-2855	668	1	however	however	ADV
taxlaw-2855	668	2	,	,	PUNCT
taxlaw-2855	668	3	partnerships	partnership	NOUN
taxlaw-2855	668	4	are	be	AUX
taxlaw-2855	668	5	treated	treat	VERB
taxlaw-2855	668	6	as	as	ADP
taxlaw-2855	668	7	aggregates	aggregate	NOUN
taxlaw-2855	668	8	of	of	ADP
taxlaw-2855	668	9	their	their	PRON
taxlaw-2855	668	10	partners	partner	NOUN
taxlaw-2855	668	11	in	in	ADP
taxlaw-2855	668	12	various	various	ADJ
taxlaw-2855	668	13	provisions	provision	NOUN
taxlaw-2855	668	14	of	of	ADP
taxlaw-2855	668	15	the	the	DET
taxlaw-2855	668	16	code	code	NOUN
taxlaw-2855	668	17	.	.	PUNCT
taxlaw-2855	669	1	the	the	DET
taxlaw-2855	669	2	text	text	NOUN
taxlaw-2855	669	3	and	and	CCONJ
taxlaw-2855	669	4	the	the	DET
taxlaw-2855	669	5	purpose	purpose	NOUN
taxlaw-2855	669	6	behind	behind	ADP
taxlaw-2855	669	7	the	the	DET
taxlaw-2855	669	8	anti	anti	ADJ
taxlaw-2855	669	9	-	-	ADJ
taxlaw-2855	669	10	conduit	conduit	ADJ
taxlaw-2855	669	11	rule	rule	NOUN
taxlaw-2855	669	12	are	be	AUX
taxlaw-2855	669	13	discussed	discuss	VERB
taxlaw-2855	669	14	in	in	ADP
taxlaw-2855	669	15	detail	detail	NOUN
taxlaw-2855	669	16	above	above	ADV
taxlaw-2855	669	17	.	.	PUNCT
taxlaw-2855	670	1	3	3	X
taxlaw-2855	670	2	.	.	X
taxlaw-2855	670	3	is	be	AUX
taxlaw-2855	670	4	the	the	DET
taxlaw-2855	670	5	partnership	partnership	NOUN
taxlaw-2855	670	6	rule	rule	NOUN
taxlaw-2855	670	7	within	within	ADP
taxlaw-2855	670	8	the	the	DET
taxlaw-2855	670	9	scope	scope	NOUN
taxlaw-2855	670	10	of	of	ADP
taxlaw-2855	670	11	the	the	DET
taxlaw-2855	670	12	irs	irs	PROPN
taxlaw-2855	670	13	’s	’s	PART
taxlaw-2855	670	14	regulatory	regulatory	ADJ
taxlaw-2855	670	15	authority	authority	NOUN
taxlaw-2855	670	16	?	?	PUNCT
taxlaw-2855	671	1	perhaps	perhaps	ADV
taxlaw-2855	671	2	more	more	ADV
taxlaw-2855	671	3	interesting	interesting	ADJ
taxlaw-2855	671	4	than	than	ADP
taxlaw-2855	671	5	the	the	DET
taxlaw-2855	671	6	question	question	NOUN
taxlaw-2855	671	7	of	of	ADP
taxlaw-2855	671	8	whether	whether	SCONJ
taxlaw-2855	671	9	the	the	DET
taxlaw-2855	671	10	partnership	partnership	NOUN
taxlaw-2855	671	11	rule	rule	NOUN
taxlaw-2855	671	12	is	be	AUX
taxlaw-2855	671	13	authorized	authorize	VERB
taxlaw-2855	671	14	(	(	PUNCT
taxlaw-2855	671	15	which	which	PRON
taxlaw-2855	671	16	we	we	PRON
taxlaw-2855	671	17	address	address	VERB
taxlaw-2855	671	18	below	below	ADV
taxlaw-2855	671	19	)	)	PUNCT
taxlaw-2855	671	20	is	be	AUX
taxlaw-2855	671	21	both	both	DET
taxlaw-2855	671	22	preambles	preamble	NOUN
taxlaw-2855	671	23	’	'	PUNCT
taxlaw-2855	671	24	discussion	discussion	NOUN
taxlaw-2855	671	25	of	of	ADP
taxlaw-2855	671	26	the	the	DET
taxlaw-2855	671	27	partnership	partnership	NOUN
taxlaw-2855	671	28	rule	rule	NOUN
taxlaw-2855	671	29	,	,	PUNCT
taxlaw-2855	671	30	which	which	PRON
taxlaw-2855	671	31	informs	inform	VERB
taxlaw-2855	671	32	us	we	PRON
taxlaw-2855	671	33	of	of	ADP
taxlaw-2855	671	34	what	what	PRON
taxlaw-2855	671	35	the	the	DET
taxlaw-2855	671	36	irs	irs	PROPN
taxlaw-2855	671	37	believes	believe	VERB
taxlaw-2855	671	38	it	it	PRON
taxlaw-2855	671	39	can	can	AUX
taxlaw-2855	671	40	—	—	PUNCT
taxlaw-2855	671	41	and	and	CCONJ
taxlaw-2855	671	42	cannot	cannot	ADV
taxlaw-2855	671	43	—	—	PUNCT
taxlaw-2855	671	44	do	do	VERB
taxlaw-2855	671	45	under	under	ADP
taxlaw-2855	671	46	section	section	NOUN
taxlaw-2855	671	47	385	385	NUM
taxlaw-2855	671	48	and	and	CCONJ
taxlaw-2855	671	49	section	section	NOUN
taxlaw-2855	671	50	7701(l	7701(l	NUM
taxlaw-2855	671	51	)	)	PUNCT
taxlaw-2855	671	52	.	.	PUNCT
taxlaw-2855	672	1	the	the	DET
taxlaw-2855	672	2	preamble	preamble	NOUN
taxlaw-2855	672	3	to	to	ADP
taxlaw-2855	672	4	the	the	DET
taxlaw-2855	672	5	proposed	propose	VERB
taxlaw-2855	672	6	385	385	NUM
taxlaw-2855	672	7	stated	state	VERB
taxlaw-2855	672	8	that	that	SCONJ
taxlaw-2855	672	9	the	the	DET
taxlaw-2855	672	10	irs	irs	PROPN
taxlaw-2855	672	11	does	do	AUX
taxlaw-2855	672	12	have	have	VERB
taxlaw-2855	672	13	the	the	DET
taxlaw-2855	672	14	authority	authority	NOUN
taxlaw-2855	672	15	to	to	PART
taxlaw-2855	672	16	recharacterize	recharacterize	VERB
taxlaw-2855	672	17	partnership	partnership	NOUN
taxlaw-2855	672	18	debt	debt	NOUN
taxlaw-2855	672	19	as	as	ADP
taxlaw-2855	672	20	equity	equity	NOUN
taxlaw-2855	672	21	,	,	PUNCT
taxlaw-2855	672	22	but	but	CCONJ
taxlaw-2855	672	23	that	that	SCONJ
taxlaw-2855	672	24	the	the	DET
taxlaw-2855	672	25	irs	irs	PROPN
taxlaw-2855	672	26	did	do	AUX
taxlaw-2855	672	27	not	not	PART
taxlaw-2855	672	28	propose	propose	VERB
taxlaw-2855	672	29	that	that	DET
taxlaw-2855	672	30	approach	approach	NOUN
taxlaw-2855	672	31	because	because	SCONJ
taxlaw-2855	672	32	the	the	DET
taxlaw-2855	672	33	partnership	partnership	NOUN
taxlaw-2855	672	34	equity	equity	NOUN
taxlaw-2855	672	35	could	could	AUX
taxlaw-2855	672	36	have	have	AUX
taxlaw-2855	672	37	given	give	VERB
taxlaw-2855	672	38	taxpayers	taxpayer	NOUN
taxlaw-2855	672	39	the	the	DET
taxlaw-2855	672	40	same	same	ADJ
taxlaw-2855	672	41	benefits	benefit	NOUN
taxlaw-2855	672	42	of	of	ADP
taxlaw-2855	672	43	interest	interest	NOUN
taxlaw-2855	672	44	deductions.92	deductions.92	ADV
taxlaw-2855	672	45	the	the	DET
taxlaw-2855	672	46	relevant	relevant	ADJ
taxlaw-2855	672	47	language	language	NOUN
taxlaw-2855	672	48	in	in	ADP
taxlaw-2855	672	49	the	the	DET
taxlaw-2855	672	50	preamble	preamble	NOUN
taxlaw-2855	672	51	read	read	NOUN
taxlaw-2855	672	52	:	:	PUNCT
taxlaw-2855	672	53	if	if	SCONJ
taxlaw-2855	672	54	a	a	DET
taxlaw-2855	672	55	debt	debt	NOUN
taxlaw-2855	672	56	instrument	instrument	NOUN
taxlaw-2855	672	57	issued	issue	VERB
taxlaw-2855	672	58	by	by	ADP
taxlaw-2855	672	59	a	a	DET
taxlaw-2855	672	60	controlled	control	VERB
taxlaw-2855	672	61	partnership	partnership	NOUN
taxlaw-2855	672	62	were	be	AUX
taxlaw-2855	672	63	to	to	PART
taxlaw-2855	672	64	be	be	AUX
taxlaw-2855	672	65	recharacterized	recharacterize	VERB
taxlaw-2855	672	66	as	as	ADP
taxlaw-2855	672	67	equity	equity	NOUN
taxlaw-2855	672	68	in	in	ADP
taxlaw-2855	672	69	the	the	DET
taxlaw-2855	672	70	controlled	control	VERB
taxlaw-2855	672	71	partnership	partnership	NOUN
taxlaw-2855	672	72	,	,	PUNCT
taxlaw-2855	672	73	the	the	DET
taxlaw-2855	672	74	resulting	result	VERB
taxlaw-2855	672	75	equity	equity	NOUN
taxlaw-2855	672	76	could	could	AUX
taxlaw-2855	672	77	give	give	VERB
taxlaw-2855	672	78	rise	rise	NOUN
taxlaw-2855	672	79	to	to	ADP
taxlaw-2855	672	80	guaranteed	guarantee	VERB
taxlaw-2855	672	81	payments	payment	NOUN
taxlaw-2855	672	82	that	that	PRON
taxlaw-2855	672	83	may	may	AUX
taxlaw-2855	672	84	be	be	AUX
taxlaw-2855	672	85	deductible	deductible	ADJ
taxlaw-2855	672	86	or	or	CCONJ
taxlaw-2855	672	87	gross	gross	ADJ
taxlaw-2855	672	88	income	income	NOUN
taxlaw-2855	672	89	allocations	allocation	NOUN
taxlaw-2855	672	90	to	to	ADP
taxlaw-2855	672	91	partners	partner	NOUN
taxlaw-2855	672	92	that	that	PRON
taxlaw-2855	672	93	would	would	AUX
taxlaw-2855	672	94	reduce	reduce	VERB
taxlaw-2855	672	95	the	the	DET
taxlaw-2855	672	96	taxable	taxable	ADJ
taxlaw-2855	672	97	income	income	NOUN
taxlaw-2855	672	98	of	of	ADP
taxlaw-2855	672	99	the	the	DET
taxlaw-2855	672	100	other	other	ADJ
taxlaw-2855	672	101	partners	partner	NOUN
taxlaw-2855	672	102	that	that	PRON
taxlaw-2855	672	103	did	do	AUX
taxlaw-2855	672	104	not	not	PART
taxlaw-2855	672	105	receive	receive	VERB
taxlaw-2855	672	106	such	such	ADJ
taxlaw-2855	672	107	allocations	allocation	NOUN
taxlaw-2855	672	108	.	.	PUNCT
taxlaw-2855	673	1	therefore	therefore	ADV
taxlaw-2855	673	2	,	,	PUNCT
taxlaw-2855	673	3	under	under	ADP
taxlaw-2855	673	4	the	the	DET
taxlaw-2855	673	5	authority	authority	NOUN
taxlaw-2855	673	6	of	of	ADP
taxlaw-2855	673	7	section	section	NOUN
taxlaw-2855	673	8	7701(l	7701(l	NUM
taxlaw-2855	673	9	)	)	PUNCT
taxlaw-2855	673	10	to	to	PART
taxlaw-2855	673	11	recharacterize	recharacterize	VERB
taxlaw-2855	673	12	multiple	multiple	ADJ
taxlaw-2855	673	13	-	-	PUNCT
taxlaw-2855	673	14	party	party	NOUN
taxlaw-2855	673	15	financing	financing	NOUN
taxlaw-2855	673	16	transactions	transaction	NOUN
taxlaw-2855	673	17	,	,	PUNCT
taxlaw-2855	673	18	proposed	propose	VERB
taxlaw-2855	673	19	§	§	PROPN
taxlaw-2855	673	20	1.385	1.385	NUM
taxlaw-2855	673	21	-	-	SYM
taxlaw-2855	673	22	3(d)(5)(ii	3(d)(5)(ii	NUM
taxlaw-2855	673	23	)	)	PUNCT
taxlaw-2855	673	24	provides	provide	VERB
taxlaw-2855	673	25	that	that	SCONJ
taxlaw-2855	673	26	,	,	PUNCT
taxlaw-2855	673	27	when	when	SCONJ
taxlaw-2855	673	28	a	a	DET
taxlaw-2855	673	29	debt	debt	NOUN
taxlaw-2855	673	30	instrument	instrument	NOUN
taxlaw-2855	673	31	issued	issue	VERB
taxlaw-2855	673	32	by	by	ADP
taxlaw-2855	673	33	a	a	DET
taxlaw-2855	673	34	partnership	partnership	NOUN
taxlaw-2855	673	35	is	be	AUX
taxlaw-2855	673	36	recharacterized	recharacterize	VERB
taxlaw-2855	673	37	,	,	PUNCT
taxlaw-2855	673	38	in	in	ADP
taxlaw-2855	673	39	whole	whole	ADJ
taxlaw-2855	673	40	or	or	CCONJ
taxlaw-2855	673	41	in	in	ADP
taxlaw-2855	673	42	part	part	NOUN
taxlaw-2855	673	43	,	,	PUNCT
taxlaw-2855	673	44	under	under	ADP
taxlaw-2855	673	45	proposed	propose	VERB
taxlaw-2855	673	46	§	§	PROPN
taxlaw-2855	673	47	1.385	1.385	NUM
taxlaw-2855	673	48	-	-	SYM
taxlaw-2855	673	49	3	3	NUM
taxlaw-2855	673	50	,	,	PUNCT
taxlaw-2855	673	51	the	the	DET
taxlaw-2855	673	52	holder	holder	NOUN
taxlaw-2855	673	53	of	of	ADP
taxlaw-2855	673	54	the	the	DET
taxlaw-2855	673	55	recharacterized	recharacterized	ADJ
taxlaw-2855	673	56	debt	debt	NOUN
taxlaw-2855	673	57	instrument	instrument	NOUN
taxlaw-2855	673	58	is	be	AUX
taxlaw-2855	673	59	treated	treat	VERB
taxlaw-2855	673	60	as	as	ADP
taxlaw-2855	673	61	holding	hold	VERB
taxlaw-2855	673	62	stock	stock	NOUN
taxlaw-2855	673	63	in	in	ADP
taxlaw-2855	673	64	the	the	DET
taxlaw-2855	673	65	expanded	expand	VERB
taxlaw-2855	673	66	group	group	NOUN
taxlaw-2855	673	67	partner	partner	NOUN
taxlaw-2855	673	68	or	or	CCONJ
taxlaw-2855	673	69	partners	partner	NOUN
taxlaw-2855	673	70	rather	rather	ADV
taxlaw-2855	673	71	than	than	ADP
taxlaw-2855	673	72	as	as	ADP
taxlaw-2855	673	73	holding	hold	VERB
taxlaw-2855	673	74	a	a	DET
taxlaw-2855	673	75	partnership	partnership	NOUN
taxlaw-2855	673	76	interest	interest	NOUN
taxlaw-2855	673	77	in	in	ADP
taxlaw-2855	673	78	the	the	DET
taxlaw-2855	673	79	controlled	control	VERB
taxlaw-2855	673	80	partnership	partnership	NOUN
taxlaw-2855	673	81	.	.	PUNCT
taxlaw-2855	674	1	under	under	ADP
taxlaw-2855	674	2	the	the	DET
taxlaw-2855	674	3	proposed	propose	VERB
taxlaw-2855	674	4	385	385	NUM
taxlaw-2855	674	5	regulations	regulation	NOUN
taxlaw-2855	674	6	,	,	PUNCT
taxlaw-2855	674	7	first	first	ADV
taxlaw-2855	674	8	,	,	PUNCT
taxlaw-2855	674	9	on	on	ADP
taxlaw-2855	674	10	the	the	DET
taxlaw-2855	674	11	aggregate	aggregate	ADJ
taxlaw-2855	674	12	theory	theory	NOUN
taxlaw-2855	674	13	,	,	PUNCT
taxlaw-2855	674	14	partnership	partnership	NOUN
taxlaw-2855	674	15	debt	debt	NOUN
taxlaw-2855	674	16	would	would	AUX
taxlaw-2855	674	17	have	have	AUX
taxlaw-2855	674	18	been	be	AUX
taxlaw-2855	674	19	treated	treat	VERB
taxlaw-2855	674	20	as	as	ADP
taxlaw-2855	674	21	partner	partner	NOUN
taxlaw-2855	674	22	debt	debt	NOUN
taxlaw-2855	674	23	.	.	PUNCT
taxlaw-2855	675	1	then	then	ADV
taxlaw-2855	675	2	,	,	PUNCT
taxlaw-2855	675	3	partner	partner	NOUN
taxlaw-2855	675	4	debt	debt	NOUN
taxlaw-2855	675	5	would	would	AUX
taxlaw-2855	675	6	be	be	AUX
taxlaw-2855	675	7	analyzed	analyze	VERB
taxlaw-2855	675	8	under	under	ADP
taxlaw-2855	675	9	the	the	DET
taxlaw-2855	675	10	section	section	NOUN
taxlaw-2855	675	11	385	385	NUM
taxlaw-2855	675	12	regulations	regulation	NOUN
taxlaw-2855	675	13	to	to	PART
taxlaw-2855	675	14	determine	determine	VERB
taxlaw-2855	675	15	whether	whether	SCONJ
taxlaw-2855	675	16	the	the	DET
taxlaw-2855	675	17	debt	debt	NOUN
taxlaw-2855	675	18	should	should	AUX
taxlaw-2855	675	19	be	be	AUX
taxlaw-2855	675	20	recharacterized	recharacterize	VERB
taxlaw-2855	675	21	.	.	PUNCT
taxlaw-2855	676	1	if	if	SCONJ
taxlaw-2855	676	2	it	it	PRON
taxlaw-2855	676	3	would	would	AUX
taxlaw-2855	676	4	be	be	AUX
taxlaw-2855	676	5	recharacterized	recharacterize	VERB
taxlaw-2855	676	6	,	,	PUNCT
taxlaw-2855	676	7	the	the	DET
taxlaw-2855	676	8	debt	debt	NOUN
taxlaw-2855	676	9	would	would	AUX
taxlaw-2855	676	10	be	be	AUX
taxlaw-2855	676	11	recharacterized	recharacterize	VERB
taxlaw-2855	676	12	as	as	ADP
taxlaw-2855	676	13	equity	equity	NOUN
taxlaw-2855	676	14	of	of	ADP
taxlaw-2855	676	15	the	the	DET
taxlaw-2855	676	16	partnership	partnership	NOUN
taxlaw-2855	676	17	under	under	ADP
taxlaw-2855	676	18	the	the	DET
taxlaw-2855	676	19	authority	authority	NOUN
taxlaw-2855	676	20	granted	grant	VERB
taxlaw-2855	676	21	pursuant	pursuant	ADV
taxlaw-2855	676	22	to	to	ADP
taxlaw-2855	676	23	section	section	NOUN
taxlaw-2855	676	24	385	385	NUM
taxlaw-2855	676	25	.	.	PUNCT
taxlaw-2855	677	1	then	then	ADV
taxlaw-2855	677	2	,	,	PUNCT
taxlaw-2855	677	3	the	the	DET
taxlaw-2855	677	4	partnership	partnership	NOUN
taxlaw-2855	677	5	equity	equity	NOUN
taxlaw-2855	677	6	would	would	AUX
taxlaw-2855	677	7	be	be	AUX
taxlaw-2855	677	8	re	re	VERB
taxlaw-2855	677	9	-	-	VERB
taxlaw-2855	677	10	recharacterized	recharacterize	VERB
taxlaw-2855	677	11	as	as	SCONJ
taxlaw-2855	677	12	equity	equity	NOUN
taxlaw-2855	677	13	of	of	ADP
taxlaw-2855	677	14	the	the	DET
taxlaw-2855	677	15	partners	partner	NOUN
taxlaw-2855	677	16	pursuant	pursuant	VERB
taxlaw-2855	677	17	to	to	ADP
taxlaw-2855	677	18	the	the	DET
taxlaw-2855	677	19	anti	anti	ADJ
taxlaw-2855	677	20	-	-	ADJ
taxlaw-2855	677	21	conduit	conduit	ADJ
taxlaw-2855	677	22	rule	rule	NOUN
taxlaw-2855	677	23	of	of	ADP
taxlaw-2855	677	24	section	section	NOUN
taxlaw-2855	677	25	7701(l	7701(l	NUM
taxlaw-2855	677	26	)	)	PUNCT
taxlaw-2855	677	27	.	.	PUNCT
taxlaw-2855	678	1	the	the	DET
taxlaw-2855	678	2	final	final	ADJ
taxlaw-2855	678	3	and	and	CCONJ
taxlaw-2855	678	4	temporary	temporary	ADJ
taxlaw-2855	678	5	385	385	NUM
taxlaw-2855	678	6	regulations	regulation	NOUN
taxlaw-2855	678	7	take	take	VERB
taxlaw-2855	678	8	a	a	DET
taxlaw-2855	678	9	slightly	slightly	ADV
taxlaw-2855	678	10	different	different	ADJ
taxlaw-2855	678	11	approach	approach	NOUN
taxlaw-2855	678	12	.	.	PUNCT
taxlaw-2855	679	1	the	the	DET
taxlaw-2855	679	2	first	first	ADJ
taxlaw-2855	679	3	step	step	NOUN
taxlaw-2855	679	4	is	be	AUX
taxlaw-2855	679	5	the	the	DET
taxlaw-2855	679	6	same	same	ADJ
taxlaw-2855	679	7	:	:	PUNCT
taxlaw-2855	679	8	a	a	DET
taxlaw-2855	679	9	partnership	partnership	NOUN
taxlaw-2855	679	10	is	be	AUX
taxlaw-2855	679	11	treated	treat	VERB
taxlaw-2855	679	12	as	as	ADP
taxlaw-2855	679	13	an	an	DET
taxlaw-2855	679	14	aggregate	aggregate	NOUN
taxlaw-2855	679	15	of	of	ADP
taxlaw-2855	679	16	its	its	PRON
taxlaw-2855	679	17	partners.93	partners.93	NOUN
taxlaw-2855	679	18	the	the	DET
taxlaw-2855	679	19	second	second	ADJ
taxlaw-2855	679	20	step	step	NOUN
taxlaw-2855	679	21	is	be	AUX
taxlaw-2855	679	22	also	also	ADV
taxlaw-2855	679	23	the	the	DET
taxlaw-2855	679	24	same	same	ADJ
taxlaw-2855	679	25	–	–	PUNCT
taxlaw-2855	679	26	the	the	DET
taxlaw-2855	679	27	partner	partner	NOUN
taxlaw-2855	679	28	-	-	PUNCT
taxlaw-2855	679	29	level	level	NOUN
taxlaw-2855	679	30	debt	debt	NOUN
taxlaw-2855	679	31	is	be	AUX
taxlaw-2855	679	32	analyzed	analyze	VERB
taxlaw-2855	679	33	under	under	ADP
taxlaw-2855	679	34	the	the	DET
taxlaw-2855	679	35	section	section	NOUN
taxlaw-2855	679	36	385	385	NUM
taxlaw-2855	679	37	regulations	regulation	NOUN
taxlaw-2855	679	38	.	.	PUNCT
taxlaw-2855	680	1	the	the	DET
taxlaw-2855	680	2	third	third	ADJ
taxlaw-2855	680	3	step	step	NOUN
taxlaw-2855	680	4	outlined	outline	VERB
taxlaw-2855	680	5	in	in	ADP
taxlaw-2855	680	6	the	the	DET
taxlaw-2855	680	7	proposed	propose	VERB
taxlaw-2855	680	8	385	385	NUM
taxlaw-2855	680	9	regulations	regulation	NOUN
taxlaw-2855	680	10	–	–	PUNCT
taxlaw-2855	680	11	recharacterizing	recharacterize	VERB
taxlaw-2855	680	12	partnership	partnership	NOUN
taxlaw-2855	680	13	debt	debt	NOUN
taxlaw-2855	680	14	as	as	ADP
taxlaw-2855	680	15	partnership	partnership	NOUN
taxlaw-2855	680	16	equity	equity	NOUN
taxlaw-2855	680	17	–	–	PUNCT
taxlaw-2855	680	18	is	be	AUX
taxlaw-2855	680	19	omitted	omit	VERB
taxlaw-2855	680	20	:	:	PUNCT
taxlaw-2855	680	21	“	"	PUNCT
taxlaw-2855	680	22	in	in	ADP
taxlaw-2855	680	23	response	response	NOUN
taxlaw-2855	680	24	to	to	ADP
taxlaw-2855	680	25	comments	comment	NOUN
taxlaw-2855	680	26	,	,	PUNCT
taxlaw-2855	680	27	the	the	DET
taxlaw-2855	680	28	final	final	ADJ
taxlaw-2855	680	29	92	92	NUM
taxlaw-2855	680	30	reg-108060	reg-108060	NOUN
taxlaw-2855	680	31	-	-	PUNCT
taxlaw-2855	680	32	15	15	NUM
taxlaw-2855	680	33	,	,	PUNCT
taxlaw-2855	680	34	2016	2016	NUM
taxlaw-2855	680	35	-	-	SYM
taxlaw-2855	680	36	17	17	NUM
taxlaw-2855	680	37	i.r.b	i.r.b	NOUN
taxlaw-2855	680	38	.	.	PUNCT
taxlaw-2855	681	1	636	636	NUM
taxlaw-2855	681	2	,	,	PUNCT
taxlaw-2855	681	3	654	654	NUM
taxlaw-2855	681	4	;	;	PUNCT
taxlaw-2855	681	5	treatment	treatment	NOUN
taxlaw-2855	681	6	of	of	ADP
taxlaw-2855	681	7	certain	certain	ADJ
taxlaw-2855	681	8	interests	interest	NOUN
taxlaw-2855	681	9	in	in	ADP
taxlaw-2855	681	10	corporations	corporation	NOUN
taxlaw-2855	681	11	as	as	ADP
taxlaw-2855	681	12	stock	stock	NOUN
taxlaw-2855	681	13	or	or	CCONJ
taxlaw-2855	681	14	indebtedness	indebtedness	NOUN
taxlaw-2855	681	15	,	,	PUNCT
taxlaw-2855	681	16	81	81	NUM
taxlaw-2855	681	17	fed	feed	VERB
taxlaw-2855	681	18	.	.	PUNCT
taxlaw-2855	682	1	reg	reg	PROPN
taxlaw-2855	682	2	.	.	PROPN
taxlaw-2855	682	3	20912	20912	NUM
taxlaw-2855	682	4	,	,	PUNCT
taxlaw-2855	682	5	20926	20926	NUM
taxlaw-2855	682	6	-	-	SYM
taxlaw-2855	682	7	20927	20927	NUM
taxlaw-2855	682	8	(	(	PUNCT
taxlaw-2855	682	9	apr	apr	NOUN
taxlaw-2855	682	10	.	.	PROPN
taxlaw-2855	682	11	8	8	NUM
taxlaw-2855	682	12	,	,	PUNCT
taxlaw-2855	682	13	2016	2016	NUM
taxlaw-2855	682	14	)	)	PUNCT
taxlaw-2855	682	15	.	.	PUNCT
taxlaw-2855	683	1	in	in	ADP
taxlaw-2855	683	2	its	its	PRON
taxlaw-2855	683	3	request	request	NOUN
taxlaw-2855	683	4	for	for	ADP
taxlaw-2855	683	5	comments	comment	NOUN
taxlaw-2855	683	6	,	,	PUNCT
taxlaw-2855	683	7	the	the	DET
taxlaw-2855	683	8	irs	irs	PROPN
taxlaw-2855	683	9	seems	seem	VERB
taxlaw-2855	683	10	to	to	PART
taxlaw-2855	683	11	believe	believe	VERB
taxlaw-2855	683	12	its	its	PRON
taxlaw-2855	683	13	power	power	NOUN
taxlaw-2855	683	14	extends	extend	VERB
taxlaw-2855	683	15	to	to	ADP
taxlaw-2855	683	16	recharacterizing	recharacterize	VERB
taxlaw-2855	683	17	partnership	partnership	NOUN
taxlaw-2855	683	18	preferred	preferred	ADJ
taxlaw-2855	683	19	equity	equity	PROPN
taxlaw-2855	683	20	.	.	PUNCT
taxlaw-2855	684	1	reg-108060	reg-108060	NOUN
taxlaw-2855	684	2	-	-	PUNCT
taxlaw-2855	684	3	15	15	NUM
taxlaw-2855	684	4	,	,	PUNCT
taxlaw-2855	684	5	2016	2016	NUM
taxlaw-2855	684	6	-	-	SYM
taxlaw-2855	684	7	17	17	NUM
taxlaw-2855	684	8	i.r.b	i.r.b	NOUN
taxlaw-2855	684	9	.	.	PUNCT
taxlaw-2855	685	1	636	636	NUM
taxlaw-2855	685	2	,	,	PUNCT
taxlaw-2855	685	3	656	656	NUM
taxlaw-2855	685	4	;	;	PUNCT
taxlaw-2855	685	5	treatment	treatment	NOUN
taxlaw-2855	685	6	of	of	ADP
taxlaw-2855	685	7	certain	certain	ADJ
taxlaw-2855	685	8	interests	interest	NOUN
taxlaw-2855	685	9	in	in	ADP
taxlaw-2855	685	10	corporations	corporation	NOUN
taxlaw-2855	685	11	as	as	ADP
taxlaw-2855	685	12	stock	stock	NOUN
taxlaw-2855	685	13	or	or	CCONJ
taxlaw-2855	685	14	indebtedness	indebtedness	NOUN
taxlaw-2855	685	15	,	,	PUNCT
taxlaw-2855	685	16	81	81	NUM
taxlaw-2855	685	17	fed	feed	VERB
taxlaw-2855	685	18	.	.	PUNCT
taxlaw-2855	686	1	reg	reg	PROPN
taxlaw-2855	686	2	.	.	PROPN
taxlaw-2855	686	3	20912	20912	NUM
taxlaw-2855	686	4	,	,	PUNCT
taxlaw-2855	686	5	20929	20929	NUM
taxlaw-2855	686	6	(	(	PUNCT
taxlaw-2855	686	7	apr	apr	PROPN
taxlaw-2855	686	8	.	.	PROPN
taxlaw-2855	686	9	8	8	NUM
taxlaw-2855	686	10	,	,	PUNCT
taxlaw-2855	686	11	2016	2016	NUM
taxlaw-2855	686	12	)	)	PUNCT
taxlaw-2855	686	13	.	.	PUNCT
taxlaw-2855	687	1	93	93	NUM
taxlaw-2855	687	2	“	"	PUNCT
taxlaw-2855	687	3	thus	thus	ADV
taxlaw-2855	687	4	,	,	PUNCT
taxlaw-2855	687	5	consistent	consistent	ADJ
taxlaw-2855	687	6	with	with	ADP
taxlaw-2855	687	7	the	the	DET
taxlaw-2855	687	8	longstanding	longstanding	ADJ
taxlaw-2855	687	9	practice	practice	NOUN
taxlaw-2855	687	10	of	of	ADP
taxlaw-2855	687	11	the	the	DET
taxlaw-2855	687	12	treasury	treasury	PROPN
taxlaw-2855	687	13	department	department	PROPN
taxlaw-2855	687	14	and	and	CCONJ
taxlaw-2855	687	15	the	the	DET
taxlaw-2855	687	16	irs	irs	PROPN
taxlaw-2855	687	17	to	to	PART
taxlaw-2855	687	18	apply	apply	VERB
taxlaw-2855	687	19	aggregate	aggregate	ADJ
taxlaw-2855	687	20	treatment	treatment	NOUN
taxlaw-2855	687	21	to	to	ADP
taxlaw-2855	687	22	partnerships	partnership	NOUN
taxlaw-2855	687	23	and	and	CCONJ
taxlaw-2855	687	24	their	their	PRON
taxlaw-2855	687	25	partners	partner	NOUN
taxlaw-2855	687	26	when	when	SCONJ
taxlaw-2855	687	27	appropriate	appropriate	ADJ
taxlaw-2855	687	28	,	,	PUNCT
taxlaw-2855	687	29	and	and	CCONJ
taxlaw-2855	687	30	in	in	ADP
taxlaw-2855	687	31	accordance	accordance	NOUN
taxlaw-2855	687	32	with	with	ADP
taxlaw-2855	687	33	the	the	DET
taxlaw-2855	687	34	legislative	legislative	ADJ
taxlaw-2855	687	35	history	history	NOUN
taxlaw-2855	687	36	of	of	ADP
taxlaw-2855	687	37	subchapter	subchapter	NOUN
taxlaw-2855	687	38	k	k	PROPN
taxlaw-2855	687	39	,	,	PUNCT
taxlaw-2855	687	40	the	the	DET
taxlaw-2855	687	41	final	final	ADJ
taxlaw-2855	687	42	and	and	CCONJ
taxlaw-2855	687	43	temporary	temporary	ADJ
taxlaw-2855	687	44	regulations	regulation	NOUN
taxlaw-2855	687	45	generally	generally	ADV
taxlaw-2855	687	46	treat	treat	VERB
taxlaw-2855	687	47	a	a	DET
taxlaw-2855	687	48	controlled	control	VERB
taxlaw-2855	687	49	partnership	partnership	NOUN
taxlaw-2855	687	50	as	as	ADP
taxlaw-2855	687	51	an	an	DET
taxlaw-2855	687	52	aggregate	aggregate	NOUN
taxlaw-2855	687	53	of	of	ADP
taxlaw-2855	687	54	its	its	PRON
taxlaw-2855	687	55	partners	partner	NOUN
taxlaw-2855	687	56	in	in	ADP
taxlaw-2855	687	57	the	the	DET
taxlaw-2855	687	58	manner	manner	NOUN
taxlaw-2855	687	59	described	describe	VERB
taxlaw-2855	687	60	in	in	ADP
taxlaw-2855	687	61	the	the	DET
taxlaw-2855	687	62	temporary	temporary	ADJ
taxlaw-2855	687	63	regulations	regulation	NOUN
taxlaw-2855	687	64	.	.	PUNCT
taxlaw-2855	687	65	”	"	PUNCT
taxlaw-2855	688	1	t.d	t.d	PROPN
taxlaw-2855	688	2	.	.	PROPN
taxlaw-2855	688	3	9790	9790	NUM
taxlaw-2855	688	4	,	,	PUNCT
taxlaw-2855	688	5	2016	2016	NUM
taxlaw-2855	688	6	-	-	SYM
taxlaw-2855	688	7	45	45	NUM
taxlaw-2855	688	8	i.r.b	i.r.b	NOUN
taxlaw-2855	688	9	.	.	PUNCT
taxlaw-2855	689	1	540	540	NUM
taxlaw-2855	689	2	,	,	PUNCT
taxlaw-2855	689	3	613	613	NUM
taxlaw-2855	689	4	;	;	PUNCT
taxlaw-2855	689	5	treatment	treatment	NOUN
taxlaw-2855	689	6	of	of	ADP
taxlaw-2855	689	7	certain	certain	ADJ
taxlaw-2855	689	8	interests	interest	NOUN
taxlaw-2855	689	9	in	in	ADP
taxlaw-2855	689	10	corporations	corporation	NOUN
taxlaw-2855	689	11	as	as	ADP
taxlaw-2855	689	12	stock	stock	NOUN
taxlaw-2855	689	13	or	or	CCONJ
taxlaw-2855	689	14	indebtedness	indebtedness	NOUN
taxlaw-2855	689	15	,	,	PUNCT
taxlaw-2855	689	16	81	81	NUM
taxlaw-2855	689	17	fed	feed	VERB
taxlaw-2855	689	18	.	.	PUNCT
taxlaw-2855	690	1	reg	reg	PROPN
taxlaw-2855	690	2	.	.	PUNCT
taxlaw-2855	690	3	72858	72858	NUM
taxlaw-2855	690	4	,	,	PUNCT
taxlaw-2855	690	5	72922	72922	NUM
taxlaw-2855	690	6	(	(	PUNCT
taxlaw-2855	690	7	oct	oct	PROPN
taxlaw-2855	690	8	.	.	PROPN
taxlaw-2855	690	9	21	21	NUM
taxlaw-2855	690	10	,	,	PUNCT
taxlaw-2855	690	11	2016	2016	NUM
taxlaw-2855	690	12	)	)	PUNCT
taxlaw-2855	690	13	.	.	PUNCT
taxlaw-2855	691	1	2017	2017	NUM
taxlaw-2855	691	2	]	]	PUNCT
taxlaw-2855	691	3	a	a	DET
taxlaw-2855	691	4	framework	framework	NOUN
taxlaw-2855	691	5	for	for	ADP
taxlaw-2855	691	6	testing	test	VERB
taxlaw-2855	691	7	regulatory	regulatory	ADJ
taxlaw-2855	691	8	authority	authority	NOUN
taxlaw-2855	691	9	357	357	NUM
taxlaw-2855	691	10	and	and	CCONJ
taxlaw-2855	691	11	temporary	temporary	ADJ
taxlaw-2855	691	12	regulations	regulation	NOUN
taxlaw-2855	691	13	do	do	AUX
taxlaw-2855	691	14	not	not	PART
taxlaw-2855	691	15	recharacterize	recharacterize	VERB
taxlaw-2855	691	16	debt	debt	NOUN
taxlaw-2855	691	17	issued	issue	VERB
taxlaw-2855	691	18	by	by	ADP
taxlaw-2855	691	19	a	a	DET
taxlaw-2855	691	20	partnership	partnership	NOUN
taxlaw-2855	691	21	as	as	ADP
taxlaw-2855	691	22	equity	equity	NOUN
taxlaw-2855	691	23	under	under	ADP
taxlaw-2855	691	24	section	section	NOUN
taxlaw-2855	691	25	385.”94	385.”94	ADV
taxlaw-2855	691	26	instead	instead	ADV
taxlaw-2855	691	27	,	,	PUNCT
taxlaw-2855	691	28	the	the	DET
taxlaw-2855	691	29	final	final	ADJ
taxlaw-2855	691	30	and	and	CCONJ
taxlaw-2855	691	31	temporary	temporary	ADJ
taxlaw-2855	691	32	385	385	NUM
taxlaw-2855	691	33	regulations	regulation	NOUN
taxlaw-2855	691	34	skip	skip	VERB
taxlaw-2855	691	35	right	right	ADV
taxlaw-2855	691	36	to	to	ADP
taxlaw-2855	691	37	the	the	DET
taxlaw-2855	691	38	final	final	ADJ
taxlaw-2855	691	39	step	step	NOUN
taxlaw-2855	691	40	:	:	PUNCT
taxlaw-2855	691	41	instead	instead	ADV
taxlaw-2855	691	42	,	,	PUNCT
taxlaw-2855	691	43	pursuant	pursuant	ADJ
taxlaw-2855	691	44	to	to	ADP
taxlaw-2855	691	45	the	the	DET
taxlaw-2855	691	46	authority	authority	NOUN
taxlaw-2855	691	47	granted	grant	VERB
taxlaw-2855	691	48	under	under	ADP
taxlaw-2855	691	49	section	section	NOUN
taxlaw-2855	691	50	7701(l	7701(l	NUM
taxlaw-2855	691	51	)	)	PUNCT
taxlaw-2855	691	52	to	to	PART
taxlaw-2855	691	53	recharacterize	recharacterize	VERB
taxlaw-2855	691	54	certain	certain	ADJ
taxlaw-2855	691	55	multi	multi	ADJ
taxlaw-2855	691	56	-	-	ADJ
taxlaw-2855	691	57	party	party	ADJ
taxlaw-2855	691	58	financing	financing	NOUN
taxlaw-2855	691	59	transactions	transaction	NOUN
taxlaw-2855	691	60	,	,	PUNCT
taxlaw-2855	691	61	the	the	DET
taxlaw-2855	691	62	temporary	temporary	ADJ
taxlaw-2855	691	63	regulations	regulation	NOUN
taxlaw-2855	691	64	deem	deem	VERB
taxlaw-2855	691	65	the	the	DET
taxlaw-2855	691	66	holder	holder	NOUN
taxlaw-2855	691	67	of	of	ADP
taxlaw-2855	691	68	a	a	DET
taxlaw-2855	691	69	debt	debt	NOUN
taxlaw-2855	691	70	instrument	instrument	NOUN
taxlaw-2855	691	71	issued	issue	VERB
taxlaw-2855	691	72	by	by	ADP
taxlaw-2855	691	73	a	a	DET
taxlaw-2855	691	74	partnership	partnership	NOUN
taxlaw-2855	691	75	that	that	PRON
taxlaw-2855	691	76	otherwise	otherwise	ADV
taxlaw-2855	691	77	would	would	AUX
taxlaw-2855	691	78	be	be	AUX
taxlaw-2855	691	79	subject	subject	ADJ
taxlaw-2855	691	80	to	to	ADP
taxlaw-2855	691	81	recharacterization	recharacterization	NOUN
taxlaw-2855	691	82	(	(	PUNCT
taxlaw-2855	691	83	based	base	VERB
taxlaw-2855	691	84	on	on	ADP
taxlaw-2855	691	85	an	an	DET
taxlaw-2855	691	86	application	application	NOUN
taxlaw-2855	691	87	of	of	ADP
taxlaw-2855	691	88	the	the	DET
taxlaw-2855	691	89	factors	factor	NOUN
taxlaw-2855	691	90	in	in	ADP
taxlaw-2855	691	91	§	§	NOUN
taxlaw-2855	691	92	1.385	1.385	NUM
taxlaw-2855	691	93	-	-	SYM
taxlaw-2855	691	94	3	3	NUM
taxlaw-2855	691	95	to	to	ADP
taxlaw-2855	691	96	the	the	DET
taxlaw-2855	691	97	expanded	expand	VERB
taxlaw-2855	691	98	group	group	NOUN
taxlaw-2855	691	99	partners	partner	NOUN
taxlaw-2855	691	100	under	under	ADP
taxlaw-2855	691	101	the	the	DET
taxlaw-2855	691	102	aggregate	aggregate	ADJ
taxlaw-2855	691	103	approach	approach	NOUN
taxlaw-2855	691	104	)	)	PUNCT
taxlaw-2855	691	105	as	as	ADP
taxlaw-2855	691	106	having	having	AUX
taxlaw-2855	691	107	transferred	transfer	VERB
taxlaw-2855	691	108	the	the	DET
taxlaw-2855	691	109	debt	debt	NOUN
taxlaw-2855	691	110	instrument	instrument	NOUN
taxlaw-2855	691	111	to	to	ADP
taxlaw-2855	691	112	the	the	DET
taxlaw-2855	691	113	expanded	expand	VERB
taxlaw-2855	691	114	group	group	NOUN
taxlaw-2855	691	115	partner	partner	NOUN
taxlaw-2855	691	116	or	or	CCONJ
taxlaw-2855	691	117	partners	partner	NOUN
taxlaw-2855	691	118	in	in	ADP
taxlaw-2855	691	119	exchange	exchange	NOUN
taxlaw-2855	691	120	for	for	ADP
taxlaw-2855	691	121	stock	stock	NOUN
taxlaw-2855	691	122	in	in	ADP
taxlaw-2855	691	123	the	the	DET
taxlaw-2855	691	124	expanded	expand	VERB
taxlaw-2855	691	125	group	group	NOUN
taxlaw-2855	691	126	partner	partner	NOUN
taxlaw-2855	691	127	or	or	CCONJ
taxlaw-2855	691	128	partners.95	partners.95	NOUN
taxlaw-2855	691	129	the	the	DET
taxlaw-2855	691	130	change	change	NOUN
taxlaw-2855	691	131	suggests	suggest	VERB
taxlaw-2855	691	132	that	that	SCONJ
taxlaw-2855	691	133	the	the	DET
taxlaw-2855	691	134	irs	irs	PROPN
taxlaw-2855	691	135	acknowledges	acknowledge	VERB
taxlaw-2855	691	136	at	at	ADP
taxlaw-2855	691	137	least	least	ADJ
taxlaw-2855	691	138	some	some	PRON
taxlaw-2855	691	139	limit	limit	NOUN
taxlaw-2855	691	140	on	on	ADP
taxlaw-2855	691	141	their	their	PRON
taxlaw-2855	691	142	power	power	NOUN
taxlaw-2855	691	143	under	under	ADP
taxlaw-2855	691	144	section	section	NOUN
taxlaw-2855	691	145	385	385	NUM
taxlaw-2855	691	146	.	.	PUNCT
taxlaw-2855	692	1	unfortunately	unfortunately	ADV
taxlaw-2855	692	2	,	,	PUNCT
taxlaw-2855	692	3	the	the	DET
taxlaw-2855	692	4	irs	irs	PROPN
taxlaw-2855	692	5	believes	believe	VERB
taxlaw-2855	692	6	it	it	PRON
taxlaw-2855	692	7	can	can	AUX
taxlaw-2855	692	8	simply	simply	ADV
taxlaw-2855	692	9	look	look	VERB
taxlaw-2855	692	10	to	to	ADP
taxlaw-2855	692	11	the	the	DET
taxlaw-2855	692	12	anticonduit	anticonduit	PROPN
taxlaw-2855	692	13	regulations	regulation	NOUN
taxlaw-2855	692	14	to	to	PART
taxlaw-2855	692	15	get	get	VERB
taxlaw-2855	692	16	to	to	ADP
taxlaw-2855	692	17	the	the	DET
taxlaw-2855	692	18	answer	answer	NOUN
taxlaw-2855	692	19	it	it	PRON
taxlaw-2855	692	20	desires	desire	VERB
taxlaw-2855	692	21	.	.	PUNCT
taxlaw-2855	693	1	as	as	SCONJ
taxlaw-2855	693	2	we	we	PRON
taxlaw-2855	693	3	discuss	discuss	VERB
taxlaw-2855	693	4	below	below	ADV
taxlaw-2855	693	5	,	,	PUNCT
taxlaw-2855	693	6	this	this	DET
taxlaw-2855	693	7	type	type	NOUN
taxlaw-2855	693	8	of	of	ADP
taxlaw-2855	693	9	“	"	PUNCT
taxlaw-2855	693	10	connect	connect	VERB
taxlaw-2855	693	11	-	-	PUNCT
taxlaw-2855	693	12	the	the	DET
taxlaw-2855	693	13	-	-	PUNCT
taxlaw-2855	693	14	dots	dot	NOUN
taxlaw-2855	693	15	”	"	PUNCT
taxlaw-2855	693	16	authority	authority	NOUN
taxlaw-2855	693	17	—	—	PUNCT
taxlaw-2855	693	18	mining	mining	NOUN
taxlaw-2855	693	19	for	for	ADP
taxlaw-2855	693	20	whatever	whatever	DET
taxlaw-2855	693	21	textual	textual	ADJ
taxlaw-2855	693	22	support	support	NOUN
taxlaw-2855	693	23	(	(	PUNCT
taxlaw-2855	693	24	whether	whether	SCONJ
taxlaw-2855	693	25	it	it	PRON
taxlaw-2855	693	26	be	be	AUX
taxlaw-2855	693	27	in	in	ADP
taxlaw-2855	693	28	legislative	legislative	ADJ
taxlaw-2855	693	29	history	history	NOUN
taxlaw-2855	693	30	,	,	PUNCT
taxlaw-2855	693	31	case	case	NOUN
taxlaw-2855	693	32	law	law	NOUN
taxlaw-2855	693	33	,	,	PUNCT
taxlaw-2855	693	34	or	or	CCONJ
taxlaw-2855	693	35	the	the	DET
taxlaw-2855	693	36	code	code	NOUN
taxlaw-2855	693	37	)	)	PUNCT
taxlaw-2855	693	38	can	can	AUX
taxlaw-2855	693	39	support	support	VERB
taxlaw-2855	693	40	an	an	DET
taxlaw-2855	693	41	end	end	NOUN
taxlaw-2855	693	42	result	result	NOUN
taxlaw-2855	693	43	,	,	PUNCT
taxlaw-2855	693	44	irrespective	irrespective	ADV
taxlaw-2855	693	45	if	if	SCONJ
taxlaw-2855	693	46	those	those	DET
taxlaw-2855	693	47	authorities	authority	NOUN
taxlaw-2855	693	48	are	be	AUX
taxlaw-2855	693	49	being	be	AUX
taxlaw-2855	693	50	completely	completely	ADV
taxlaw-2855	693	51	severed	sever	VERB
taxlaw-2855	693	52	from	from	ADP
taxlaw-2855	693	53	their	their	PRON
taxlaw-2855	693	54	original	original	ADJ
taxlaw-2855	693	55	context	context	NOUN
taxlaw-2855	693	56	,	,	PUNCT
taxlaw-2855	693	57	is	be	AUX
taxlaw-2855	693	58	not	not	PART
taxlaw-2855	693	59	appropriate	appropriate	ADJ
taxlaw-2855	693	60	.	.	PUNCT
taxlaw-2855	694	1	but	but	CCONJ
taxlaw-2855	694	2	before	before	SCONJ
taxlaw-2855	694	3	we	we	PRON
taxlaw-2855	694	4	get	get	VERB
taxlaw-2855	694	5	there	there	ADV
taxlaw-2855	694	6	,	,	PUNCT
taxlaw-2855	694	7	let	let	VERB
taxlaw-2855	694	8	us	we	PRON
taxlaw-2855	694	9	examine	examine	VERB
taxlaw-2855	694	10	the	the	DET
taxlaw-2855	694	11	partnership	partnership	NOUN
taxlaw-2855	694	12	rule	rule	NOUN
taxlaw-2855	694	13	in	in	ADP
taxlaw-2855	694	14	more	more	ADJ
taxlaw-2855	694	15	detail	detail	NOUN
taxlaw-2855	694	16	.	.	PUNCT
taxlaw-2855	695	1	the	the	DET
taxlaw-2855	695	2	first	first	ADJ
taxlaw-2855	695	3	question	question	NOUN
taxlaw-2855	695	4	raised	raise	VERB
taxlaw-2855	695	5	by	by	ADP
taxlaw-2855	695	6	the	the	DET
taxlaw-2855	695	7	partnership	partnership	NOUN
taxlaw-2855	695	8	rule	rule	NOUN
taxlaw-2855	695	9	is	be	AUX
taxlaw-2855	695	10	whether	whether	SCONJ
taxlaw-2855	695	11	it	it	PRON
taxlaw-2855	695	12	is	be	AUX
taxlaw-2855	695	13	appropriate	appropriate	ADJ
taxlaw-2855	695	14	to	to	PART
taxlaw-2855	695	15	consider	consider	VERB
taxlaw-2855	695	16	partnership	partnership	NOUN
taxlaw-2855	695	17	debt	debt	NOUN
taxlaw-2855	695	18	as	as	ADP
taxlaw-2855	695	19	debt	debt	NOUN
taxlaw-2855	695	20	of	of	ADP
taxlaw-2855	695	21	its	its	PRON
taxlaw-2855	695	22	partners	partner	NOUN
taxlaw-2855	695	23	.	.	PUNCT
taxlaw-2855	696	1	the	the	DET
taxlaw-2855	696	2	treatment	treatment	NOUN
taxlaw-2855	696	3	of	of	ADP
taxlaw-2855	696	4	a	a	DET
taxlaw-2855	696	5	partnership	partnership	NOUN
taxlaw-2855	696	6	as	as	ADP
taxlaw-2855	696	7	an	an	DET
taxlaw-2855	696	8	aggregate	aggregate	NOUN
taxlaw-2855	696	9	of	of	ADP
taxlaw-2855	696	10	its	its	PRON
taxlaw-2855	696	11	partners	partner	NOUN
taxlaw-2855	696	12	or	or	CCONJ
taxlaw-2855	696	13	as	as	ADP
taxlaw-2855	696	14	an	an	DET
taxlaw-2855	696	15	entity	entity	NOUN
taxlaw-2855	696	16	varies	vary	VERB
taxlaw-2855	696	17	throughout	throughout	ADP
taxlaw-2855	696	18	the	the	DET
taxlaw-2855	696	19	code	code	NOUN
taxlaw-2855	696	20	.	.	PUNCT
taxlaw-2855	697	1	for	for	ADP
taxlaw-2855	697	2	purposes	purpose	NOUN
taxlaw-2855	697	3	of	of	ADP
taxlaw-2855	697	4	the	the	DET
taxlaw-2855	697	5	portfolio	portfolio	NOUN
taxlaw-2855	697	6	interest	interest	NOUN
taxlaw-2855	697	7	10	10	NUM
taxlaw-2855	697	8	%	%	NOUN
taxlaw-2855	697	9	ownership	ownership	NOUN
taxlaw-2855	697	10	test	test	NOUN
taxlaw-2855	697	11	,	,	PUNCT
taxlaw-2855	697	12	for	for	ADP
taxlaw-2855	697	13	example	example	NOUN
taxlaw-2855	697	14	,	,	PUNCT
taxlaw-2855	697	15	ownership	ownership	NOUN
taxlaw-2855	697	16	is	be	AUX
taxlaw-2855	697	17	tested	test	VERB
taxlaw-2855	697	18	at	at	ADP
taxlaw-2855	697	19	the	the	DET
taxlaw-2855	697	20	partner	partner	NOUN
taxlaw-2855	697	21	level.96	level.96	PROPN
taxlaw-2855	697	22	the	the	DET
taxlaw-2855	697	23	legislative	legislative	ADJ
taxlaw-2855	697	24	history	history	NOUN
taxlaw-2855	697	25	of	of	ADP
taxlaw-2855	697	26	the	the	DET
taxlaw-2855	697	27	1954	1954	NUM
taxlaw-2855	697	28	act	act	NOUN
taxlaw-2855	697	29	,	,	PUNCT
taxlaw-2855	697	30	however	however	ADV
taxlaw-2855	697	31	,	,	PUNCT
taxlaw-2855	697	32	requires	require	VERB
taxlaw-2855	697	33	that	that	SCONJ
taxlaw-2855	697	34	the	the	DET
taxlaw-2855	697	35	aggregate	aggregate	ADJ
taxlaw-2855	697	36	or	or	CCONJ
taxlaw-2855	697	37	entity	entity	NOUN
taxlaw-2855	697	38	theory	theory	NOUN
taxlaw-2855	697	39	be	be	AUX
taxlaw-2855	697	40	adopted	adopt	VERB
taxlaw-2855	697	41	based	base	VERB
taxlaw-2855	697	42	on	on	ADP
taxlaw-2855	697	43	whichever	whichever	DET
taxlaw-2855	697	44	theory	theory	NOUN
taxlaw-2855	697	45	better	well	ADV
taxlaw-2855	697	46	carries	carry	VERB
taxlaw-2855	697	47	out	out	ADP
taxlaw-2855	697	48	the	the	DET
taxlaw-2855	697	49	purposes	purpose	NOUN
taxlaw-2855	697	50	of	of	ADP
taxlaw-2855	697	51	the	the	DET
taxlaw-2855	697	52	relevant	relevant	ADJ
taxlaw-2855	697	53	code	code	NOUN
taxlaw-2855	697	54	section	section	NOUN
taxlaw-2855	697	55	.	.	PUNCT
taxlaw-2855	698	1	this	this	DET
taxlaw-2855	698	2	question	question	NOUN
taxlaw-2855	698	3	too	too	ADV
taxlaw-2855	698	4	,	,	PUNCT
taxlaw-2855	698	5	then	then	ADV
taxlaw-2855	698	6	,	,	PUNCT
taxlaw-2855	698	7	requires	require	VERB
taxlaw-2855	698	8	us	we	PRON
taxlaw-2855	698	9	to	to	PART
taxlaw-2855	698	10	consider	consider	VERB
taxlaw-2855	698	11	the	the	DET
taxlaw-2855	698	12	purpose	purpose	NOUN
taxlaw-2855	698	13	of	of	ADP
taxlaw-2855	698	14	section	section	NOUN
taxlaw-2855	698	15	385	385	NUM
taxlaw-2855	698	16	.	.	PUNCT
taxlaw-2855	699	1	if	if	SCONJ
taxlaw-2855	699	2	the	the	DET
taxlaw-2855	699	3	purpose	purpose	NOUN
taxlaw-2855	699	4	of	of	ADP
taxlaw-2855	699	5	section	section	NOUN
taxlaw-2855	699	6	385	385	NUM
taxlaw-2855	699	7	is	be	AUX
taxlaw-2855	699	8	to	to	PART
taxlaw-2855	699	9	prevent	prevent	VERB
taxlaw-2855	699	10	a	a	DET
taxlaw-2855	699	11	situation	situation	NOUN
taxlaw-2855	699	12	the	the	DET
taxlaw-2855	699	13	irs	irs	PROPN
taxlaw-2855	699	14	considers	consider	VERB
taxlaw-2855	699	15	abusive	abusive	ADJ
taxlaw-2855	699	16	,	,	PUNCT
taxlaw-2855	699	17	then	then	ADV
taxlaw-2855	699	18	the	the	DET
taxlaw-2855	699	19	inquiry	inquiry	NOUN
taxlaw-2855	699	20	is	be	AUX
taxlaw-2855	699	21	over	over	ADP
taxlaw-2855	699	22	—	—	PUNCT
taxlaw-2855	699	23	whatever	whatever	DET
taxlaw-2855	699	24	theory	theory	NOUN
taxlaw-2855	699	25	(	(	PUNCT
taxlaw-2855	699	26	aggregate	aggregate	NOUN
taxlaw-2855	699	27	or	or	CCONJ
taxlaw-2855	699	28	entity	entity	NOUN
taxlaw-2855	699	29	)	)	PUNCT
taxlaw-2855	699	30	the	the	DET
taxlaw-2855	699	31	irs	irs	PROPN
taxlaw-2855	699	32	chooses	choose	VERB
taxlaw-2855	699	33	will	will	AUX
taxlaw-2855	699	34	necessarily	necessarily	ADV
taxlaw-2855	699	35	be	be	AUX
taxlaw-2855	699	36	in	in	ADP
taxlaw-2855	699	37	furtherance	furtherance	NOUN
taxlaw-2855	699	38	of	of	ADP
taxlaw-2855	699	39	its	its	PRON
taxlaw-2855	699	40	anti	anti	ADJ
taxlaw-2855	699	41	-	-	ADJ
taxlaw-2855	699	42	abuse	abuse	ADJ
taxlaw-2855	699	43	provision.97	provision.97	NOUN
taxlaw-2855	699	44	if	if	SCONJ
taxlaw-2855	699	45	however	however	ADV
taxlaw-2855	699	46	,	,	PUNCT
taxlaw-2855	699	47	as	as	SCONJ
taxlaw-2855	699	48	we	we	PRON
taxlaw-2855	699	49	have	have	AUX
taxlaw-2855	699	50	demonstrated	demonstrate	VERB
taxlaw-2855	699	51	above	above	ADV
taxlaw-2855	699	52	,	,	PUNCT
taxlaw-2855	699	53	the	the	DET
taxlaw-2855	699	54	purpose	purpose	NOUN
taxlaw-2855	699	55	of	of	ADP
taxlaw-2855	699	56	section	section	NOUN
taxlaw-2855	699	57	385	385	NUM
taxlaw-2855	699	58	is	be	AUX
taxlaw-2855	699	59	to	to	PART
taxlaw-2855	699	60	set	set	VERB
taxlaw-2855	699	61	forth	forth	ADP
taxlaw-2855	699	62	factors	factor	NOUN
taxlaw-2855	699	63	to	to	PART
taxlaw-2855	699	64	determine	determine	VERB
taxlaw-2855	699	65	the	the	DET
taxlaw-2855	699	66	true	true	ADJ
taxlaw-2855	699	67	nature	nature	NOUN
taxlaw-2855	699	68	of	of	ADP
taxlaw-2855	699	69	the	the	DET
taxlaw-2855	699	70	relationship	relationship	NOUN
taxlaw-2855	699	71	between	between	ADP
taxlaw-2855	699	72	the	the	DET
taxlaw-2855	699	73	debtor	debtor	NOUN
taxlaw-2855	699	74	and	and	CCONJ
taxlaw-2855	699	75	creditor	creditor	NOUN
taxlaw-2855	699	76	,	,	PUNCT
taxlaw-2855	699	77	then	then	ADV
taxlaw-2855	699	78	the	the	DET
taxlaw-2855	699	79	irs	irs	PROPN
taxlaw-2855	699	80	has	have	AUX
taxlaw-2855	699	81	again	again	ADV
taxlaw-2855	699	82	strayed	stray	VERB
taxlaw-2855	699	83	from	from	ADP
taxlaw-2855	699	84	traditional	traditional	ADJ
taxlaw-2855	699	85	debt	debt	NOUN
taxlaw-2855	699	86	/	/	SYM
taxlaw-2855	699	87	equity	equity	NOUN
taxlaw-2855	699	88	analysis	analysis	NOUN
taxlaw-2855	699	89	in	in	ADP
taxlaw-2855	699	90	applying	apply	VERB
taxlaw-2855	699	91	the	the	DET
taxlaw-2855	699	92	aggregate	aggregate	ADJ
taxlaw-2855	699	93	theory	theory	NOUN
taxlaw-2855	699	94	.	.	PUNCT
taxlaw-2855	700	1	debt	debt	NOUN
taxlaw-2855	700	2	/	/	SYM
taxlaw-2855	700	3	equity	equity	NOUN
taxlaw-2855	700	4	authorities	authority	NOUN
taxlaw-2855	700	5	look	look	VERB
taxlaw-2855	700	6	to	to	ADP
taxlaw-2855	700	7	the	the	DET
taxlaw-2855	700	8	relationship	relationship	NOUN
taxlaw-2855	700	9	of	of	ADP
taxlaw-2855	700	10	the	the	DET
taxlaw-2855	700	11	legal	legal	ADJ
taxlaw-2855	700	12	borrower	borrower	NOUN
taxlaw-2855	700	13	and	and	CCONJ
taxlaw-2855	700	14	legal	legal	ADJ
taxlaw-2855	700	15	lender	lender	NOUN
taxlaw-2855	700	16	,	,	PUNCT
taxlaw-2855	700	17	unless	unless	SCONJ
taxlaw-2855	700	18	there	there	PRON
taxlaw-2855	700	19	is	be	VERB
taxlaw-2855	700	20	reason	reason	NOUN
taxlaw-2855	700	21	to	to	PART
taxlaw-2855	700	22	doubt	doubt	VERB
taxlaw-2855	700	23	that	that	SCONJ
taxlaw-2855	700	24	the	the	DET
taxlaw-2855	700	25	legal	legal	ADJ
taxlaw-2855	700	26	borrower	borrower	NOUN
taxlaw-2855	700	27	is	be	AUX
taxlaw-2855	700	28	truly	truly	ADV
taxlaw-2855	700	29	the	the	DET
taxlaw-2855	700	30	source	source	NOUN
taxlaw-2855	700	31	of	of	ADP
taxlaw-2855	700	32	the	the	DET
taxlaw-2855	700	33	funds	fund	NOUN
taxlaw-2855	700	34	on	on	ADP
taxlaw-2855	700	35	which	which	PRON
taxlaw-2855	700	36	the	the	DET
taxlaw-2855	700	37	lender	lender	NOUN
taxlaw-2855	700	38	is	be	AUX
taxlaw-2855	700	39	relying	rely	VERB
taxlaw-2855	700	40	to	to	PART
taxlaw-2855	700	41	repay	repay	VERB
taxlaw-2855	700	42	the	the	DET
taxlaw-2855	700	43	debt	debt	NOUN
taxlaw-2855	700	44	(	(	PUNCT
taxlaw-2855	700	45	for	for	ADP
taxlaw-2855	700	46	example	example	NOUN
taxlaw-2855	700	47	,	,	PUNCT
taxlaw-2855	700	48	in	in	ADP
taxlaw-2855	700	49	a	a	DET
taxlaw-2855	700	50	plantation	plantation	NOUN
taxlaw-2855	700	51	patterns	pattern	NOUN
taxlaw-2855	700	52	-	-	PUNCT
taxlaw-2855	700	53	like	like	ADJ
taxlaw-2855	700	54	fact	fact	NOUN
taxlaw-2855	700	55	pattern	pattern	NOUN
taxlaw-2855	700	56	)	)	PUNCT
taxlaw-2855	700	57	.	.	PUNCT
taxlaw-2855	701	1	to	to	PART
taxlaw-2855	701	2	look	look	VERB
taxlaw-2855	701	3	through	through	ADP
taxlaw-2855	701	4	partnerships	partnership	NOUN
taxlaw-2855	701	5	as	as	ADP
taxlaw-2855	701	6	a	a	DET
taxlaw-2855	701	7	general	general	ADJ
taxlaw-2855	701	8	matter	matter	NOUN
taxlaw-2855	701	9	makes	make	VERB
taxlaw-2855	701	10	no	no	DET
taxlaw-2855	701	11	sense	sense	NOUN
taxlaw-2855	701	12	in	in	ADP
taxlaw-2855	701	13	the	the	DET
taxlaw-2855	701	14	debt	debt	NOUN
taxlaw-2855	701	15	/	/	SYM
taxlaw-2855	701	16	equity	equity	NOUN
taxlaw-2855	701	17	framework,98	framework,98	VERB
taxlaw-2855	701	18	no	no	ADV
taxlaw-2855	701	19	more	more	ADV
taxlaw-2855	701	20	so	so	ADV
taxlaw-2855	701	21	when	when	SCONJ
taxlaw-2855	701	22	considering	consider	VERB
taxlaw-2855	701	23	related	relate	VERB
taxlaw-2855	701	24	-	-	PUNCT
taxlaw-2855	701	25	party	party	NOUN
taxlaw-2855	701	26	debt	debt	NOUN
taxlaw-2855	701	27	.	.	PUNCT
taxlaw-2855	702	1	once	once	SCONJ
taxlaw-2855	702	2	the	the	DET
taxlaw-2855	702	3	partnership	partnership	NOUN
taxlaw-2855	702	4	debt	debt	NOUN
taxlaw-2855	702	5	is	be	AUX
taxlaw-2855	702	6	deemed	deem	VERB
taxlaw-2855	702	7	to	to	PART
taxlaw-2855	702	8	be	be	AUX
taxlaw-2855	702	9	partner	partner	NOUN
taxlaw-2855	702	10	-	-	PUNCT
taxlaw-2855	702	11	level	level	NOUN
taxlaw-2855	702	12	debt	debt	NOUN
taxlaw-2855	702	13	,	,	PUNCT
taxlaw-2855	702	14	applying	apply	VERB
taxlaw-2855	702	15	the	the	DET
taxlaw-2855	702	16	section	section	NOUN
taxlaw-2855	702	17	385	385	NUM
taxlaw-2855	702	18	tests	test	NOUN
taxlaw-2855	702	19	to	to	ADP
taxlaw-2855	702	20	the	the	DET
taxlaw-2855	702	21	partner	partner	NOUN
taxlaw-2855	702	22	-	-	PUNCT
taxlaw-2855	702	23	level	level	NOUN
taxlaw-2855	702	24	debt	debt	NOUN
taxlaw-2855	702	25	,	,	PUNCT
taxlaw-2855	702	26	particularly	particularly	ADV
taxlaw-2855	702	27	as	as	SCONJ
taxlaw-2855	702	28	it	it	PRON
taxlaw-2855	702	29	relates	relate	VERB
taxlaw-2855	702	30	to	to	ADP
taxlaw-2855	702	31	the	the	DET
taxlaw-2855	702	32	funding	funding	NOUN
taxlaw-2855	702	33	rule	rule	NOUN
taxlaw-2855	702	34	,	,	PUNCT
taxlaw-2855	702	35	94	94	NUM
taxlaw-2855	702	36	t.d	t.d	NOUN
taxlaw-2855	702	37	.	.	PROPN
taxlaw-2855	702	38	9790	9790	NUM
taxlaw-2855	702	39	,	,	PUNCT
taxlaw-2855	702	40	2016	2016	NUM
taxlaw-2855	702	41	-	-	SYM
taxlaw-2855	702	42	45	45	NUM
taxlaw-2855	702	43	i.r.b	i.r.b	NOUN
taxlaw-2855	702	44	.	.	PUNCT
taxlaw-2855	703	1	540	540	NUM
taxlaw-2855	703	2	,	,	PUNCT
taxlaw-2855	703	3	613	613	NUM
taxlaw-2855	703	4	;	;	PUNCT
taxlaw-2855	703	5	treatment	treatment	NOUN
taxlaw-2855	703	6	of	of	ADP
taxlaw-2855	703	7	certain	certain	ADJ
taxlaw-2855	703	8	interests	interest	NOUN
taxlaw-2855	703	9	in	in	ADP
taxlaw-2855	703	10	corporations	corporation	NOUN
taxlaw-2855	703	11	as	as	ADP
taxlaw-2855	703	12	stock	stock	NOUN
taxlaw-2855	703	13	or	or	CCONJ
taxlaw-2855	703	14	indebtedness	indebtedness	NOUN
taxlaw-2855	703	15	,	,	PUNCT
taxlaw-2855	703	16	81	81	NUM
taxlaw-2855	703	17	fed	feed	VERB
taxlaw-2855	703	18	.	.	PUNCT
taxlaw-2855	704	1	reg	reg	PROPN
taxlaw-2855	704	2	.	.	PUNCT
taxlaw-2855	704	3	72858	72858	NUM
taxlaw-2855	704	4	,	,	PUNCT
taxlaw-2855	704	5	72922	72922	NUM
taxlaw-2855	704	6	(	(	PUNCT
taxlaw-2855	704	7	oct	oct	PROPN
taxlaw-2855	704	8	.	.	PROPN
taxlaw-2855	704	9	21	21	NUM
taxlaw-2855	704	10	,	,	PUNCT
taxlaw-2855	704	11	2016	2016	NUM
taxlaw-2855	704	12	)	)	PUNCT
taxlaw-2855	704	13	.	.	PUNCT
taxlaw-2855	705	1	95	95	NUM
taxlaw-2855	706	1	i	i	PRON
taxlaw-2855	706	2	d.	d.	PROPN
taxlaw-2855	706	3	96	96	NUM
taxlaw-2855	706	4	for	for	ADP
taxlaw-2855	706	5	purposes	purpose	NOUN
taxlaw-2855	706	6	of	of	ADP
taxlaw-2855	706	7	applying	apply	VERB
taxlaw-2855	706	8	the	the	DET
taxlaw-2855	706	9	insolvency	insolvency	NOUN
taxlaw-2855	706	10	exception	exception	NOUN
taxlaw-2855	706	11	to	to	ADP
taxlaw-2855	706	12	recognition	recognition	NOUN
taxlaw-2855	706	13	of	of	ADP
taxlaw-2855	706	14	cancellation	cancellation	NOUN
taxlaw-2855	706	15	of	of	ADP
taxlaw-2855	706	16	indebtedness	indebtedness	NOUN
taxlaw-2855	706	17	income	income	NOUN
taxlaw-2855	706	18	to	to	ADP
taxlaw-2855	706	19	the	the	DET
taxlaw-2855	706	20	debt	debt	NOUN
taxlaw-2855	706	21	of	of	ADP
taxlaw-2855	706	22	a	a	DET
taxlaw-2855	706	23	partnership	partnership	NOUN
taxlaw-2855	706	24	,	,	PUNCT
taxlaw-2855	706	25	insolvency	insolvency	NOUN
taxlaw-2855	706	26	is	be	AUX
taxlaw-2855	706	27	tested	test	VERB
taxlaw-2855	706	28	at	at	ADP
taxlaw-2855	706	29	the	the	DET
taxlaw-2855	706	30	partner	partner	NOUN
taxlaw-2855	706	31	level	level	NOUN
taxlaw-2855	706	32	.	.	PUNCT
taxlaw-2855	707	1	i.r.c	i.r.c	NOUN
taxlaw-2855	707	2	.	.	PUNCT
taxlaw-2855	708	1	§	§	PROPN
taxlaw-2855	708	2	108(d)(6	108(d)(6	NUM
taxlaw-2855	708	3	)	)	PUNCT
taxlaw-2855	708	4	(	(	PUNCT
taxlaw-2855	708	5	2015	2015	NUM
taxlaw-2855	708	6	)	)	PUNCT
taxlaw-2855	708	7	.	.	PUNCT
taxlaw-2855	709	1	97	97	NUM
taxlaw-2855	709	2	the	the	DET
taxlaw-2855	709	3	irs	irs	PROPN
taxlaw-2855	709	4	acknowledges	acknowledge	VERB
taxlaw-2855	709	5	the	the	DET
taxlaw-2855	709	6	aggregate	aggregate	ADJ
taxlaw-2855	709	7	theory	theory	NOUN
taxlaw-2855	709	8	is	be	AUX
taxlaw-2855	709	9	being	be	AUX
taxlaw-2855	709	10	adopted	adopt	VERB
taxlaw-2855	709	11	to	to	PART
taxlaw-2855	709	12	“	"	PUNCT
taxlaw-2855	709	13	prevent	prevent	VERB
taxlaw-2855	709	14	avoidance	avoidance	NOUN
taxlaw-2855	709	15	of	of	ADP
taxlaw-2855	709	16	these	these	DET
taxlaw-2855	709	17	rules	rule	NOUN
taxlaw-2855	709	18	through	through	ADP
taxlaw-2855	709	19	the	the	DET
taxlaw-2855	709	20	use	use	NOUN
taxlaw-2855	709	21	of	of	ADP
taxlaw-2855	709	22	partnerships	partnership	NOUN
taxlaw-2855	709	23	.	.	PUNCT
taxlaw-2855	709	24	”	"	PUNCT
taxlaw-2855	709	25	reg-108060	reg-108060	NOUN
taxlaw-2855	709	26	-	-	PUNCT
taxlaw-2855	709	27	15	15	NUM
taxlaw-2855	709	28	,	,	PUNCT
taxlaw-2855	709	29	2016	2016	NUM
taxlaw-2855	709	30	-	-	SYM
taxlaw-2855	709	31	17	17	NUM
taxlaw-2855	709	32	i.r.b	i.r.b	NOUN
taxlaw-2855	709	33	.	.	PUNCT
taxlaw-2855	710	1	636	636	NUM
taxlaw-2855	710	2	,	,	PUNCT
taxlaw-2855	710	3	653	653	NUM
taxlaw-2855	710	4	;	;	PUNCT
taxlaw-2855	710	5	treatment	treatment	NOUN
taxlaw-2855	710	6	of	of	ADP
taxlaw-2855	710	7	certain	certain	ADJ
taxlaw-2855	710	8	interests	interest	NOUN
taxlaw-2855	710	9	in	in	ADP
taxlaw-2855	710	10	corporations	corporation	NOUN
taxlaw-2855	710	11	as	as	ADP
taxlaw-2855	710	12	stock	stock	NOUN
taxlaw-2855	710	13	or	or	CCONJ
taxlaw-2855	710	14	indebtedness	indebtedness	NOUN
taxlaw-2855	710	15	,	,	PUNCT
taxlaw-2855	710	16	81	81	NUM
taxlaw-2855	710	17	fed	feed	VERB
taxlaw-2855	710	18	.	.	PUNCT
taxlaw-2855	711	1	reg	reg	PROPN
taxlaw-2855	711	2	.	.	PROPN
taxlaw-2855	711	3	20912	20912	NUM
taxlaw-2855	711	4	,	,	PUNCT
taxlaw-2855	711	5	20926	20926	NUM
taxlaw-2855	711	6	-	-	SYM
taxlaw-2855	711	7	20927	20927	NUM
taxlaw-2855	711	8	(	(	PUNCT
taxlaw-2855	711	9	apr	apr	NOUN
taxlaw-2855	711	10	.	.	PROPN
taxlaw-2855	711	11	8	8	NUM
taxlaw-2855	711	12	,	,	PUNCT
taxlaw-2855	711	13	2016	2016	NUM
taxlaw-2855	711	14	)	)	PUNCT
taxlaw-2855	711	15	.	.	PUNCT
taxlaw-2855	712	1	98	98	NUM
taxlaw-2855	712	2	applying	apply	VERB
taxlaw-2855	712	3	the	the	DET
taxlaw-2855	712	4	aggregate	aggregate	ADJ
taxlaw-2855	712	5	theory	theory	NOUN
taxlaw-2855	712	6	would	would	AUX
taxlaw-2855	712	7	cause	cause	VERB
taxlaw-2855	712	8	a	a	DET
taxlaw-2855	712	9	partnership	partnership	NOUN
taxlaw-2855	712	10	’s	’s	PART
taxlaw-2855	712	11	debt	debt	NOUN
taxlaw-2855	712	12	-	-	PUNCT
taxlaw-2855	712	13	equity	equity	NOUN
taxlaw-2855	712	14	ratio	ratio	NOUN
taxlaw-2855	712	15	to	to	PART
taxlaw-2855	712	16	include	include	VERB
taxlaw-2855	712	17	debt	debt	NOUN
taxlaw-2855	712	18	owed	owe	VERB
taxlaw-2855	712	19	by	by	ADP
taxlaw-2855	712	20	its	its	PRON
taxlaw-2855	712	21	partners	partner	NOUN
taxlaw-2855	712	22	,	,	PUNCT
taxlaw-2855	712	23	even	even	ADV
taxlaw-2855	712	24	if	if	SCONJ
taxlaw-2855	712	25	not	not	PART
taxlaw-2855	712	26	secured	secure	VERB
taxlaw-2855	712	27	by	by	ADP
taxlaw-2855	712	28	the	the	DET
taxlaw-2855	712	29	partnership	partnership	NOUN
taxlaw-2855	712	30	’s	’s	PART
taxlaw-2855	712	31	assets	asset	NOUN
taxlaw-2855	712	32	.	.	PUNCT
taxlaw-2855	713	1	358	358	NUM
taxlaw-2855	713	2	columbia	columbia	PROPN
taxlaw-2855	713	3	journal	journal	PROPN
taxlaw-2855	713	4	of	of	ADP
taxlaw-2855	713	5	tax	tax	NOUN
taxlaw-2855	713	6	law	law	NOUN
taxlaw-2855	713	7	[	[	X
taxlaw-2855	713	8	vol.8:326	vol.8:326	PROPN
taxlaw-2855	713	9	can	can	AUX
taxlaw-2855	713	10	lead	lead	VERB
taxlaw-2855	713	11	to	to	ADP
taxlaw-2855	713	12	odd	odd	ADJ
taxlaw-2855	713	13	results	result	NOUN
taxlaw-2855	713	14	.	.	PUNCT
taxlaw-2855	714	1	suppose	suppose	VERB
taxlaw-2855	714	2	a	a	DET
taxlaw-2855	714	3	controlled	control	VERB
taxlaw-2855	714	4	partnership	partnership	NOUN
taxlaw-2855	714	5	(	(	PUNCT
taxlaw-2855	714	6	p	p	NOUN
taxlaw-2855	714	7	)	)	PUNCT
taxlaw-2855	714	8	has	have	VERB
taxlaw-2855	714	9	two	two	NUM
taxlaw-2855	714	10	partners	partner	NOUN
taxlaw-2855	714	11	parent	parent	NOUN
taxlaw-2855	714	12	and	and	CCONJ
taxlaw-2855	714	13	sub1	sub1	PROPN
taxlaw-2855	714	14	.	.	PUNCT
taxlaw-2855	715	1	p	p	PROPN
taxlaw-2855	715	2	borrows	borrow	VERB
taxlaw-2855	715	3	from	from	ADP
taxlaw-2855	715	4	a	a	DET
taxlaw-2855	715	5	member	member	NOUN
taxlaw-2855	715	6	of	of	ADP
taxlaw-2855	715	7	the	the	DET
taxlaw-2855	715	8	expanded	expand	VERB
taxlaw-2855	715	9	group	group	NOUN
taxlaw-2855	715	10	and	and	CCONJ
taxlaw-2855	715	11	uses	use	VERB
taxlaw-2855	715	12	the	the	DET
taxlaw-2855	715	13	proceeds	proceed	NOUN
taxlaw-2855	715	14	in	in	ADP
taxlaw-2855	715	15	p	p	X
taxlaw-2855	715	16	’s	’s	PART
taxlaw-2855	715	17	trade	trade	NOUN
taxlaw-2855	715	18	or	or	CCONJ
taxlaw-2855	715	19	business	business	NOUN
taxlaw-2855	715	20	.	.	PUNCT
taxlaw-2855	716	1	p	p	NOUN
taxlaw-2855	716	2	never	never	ADV
taxlaw-2855	716	3	makes	make	VERB
taxlaw-2855	716	4	a	a	DET
taxlaw-2855	716	5	distribution	distribution	NOUN
taxlaw-2855	716	6	or	or	CCONJ
taxlaw-2855	716	7	loan	loan	NOUN
taxlaw-2855	716	8	to	to	ADP
taxlaw-2855	716	9	either	either	PRON
taxlaw-2855	716	10	parent	parent	NOUN
taxlaw-2855	716	11	or	or	CCONJ
taxlaw-2855	716	12	sub1	sub1	NOUN
taxlaw-2855	716	13	,	,	PUNCT
taxlaw-2855	716	14	but	but	CCONJ
taxlaw-2855	716	15	within	within	ADP
taxlaw-2855	716	16	three	three	NUM
taxlaw-2855	716	17	years	year	NOUN
taxlaw-2855	716	18	of	of	ADP
taxlaw-2855	716	19	p	p	X
taxlaw-2855	716	20	’s	’s	PART
taxlaw-2855	716	21	borrowing	borrowing	NOUN
taxlaw-2855	716	22	sub1	sub1	PROPN
taxlaw-2855	716	23	makes	make	VERB
taxlaw-2855	716	24	a	a	DET
taxlaw-2855	716	25	distribution	distribution	NOUN
taxlaw-2855	716	26	(	(	PUNCT
taxlaw-2855	716	27	out	out	ADP
taxlaw-2855	716	28	of	of	ADP
taxlaw-2855	716	29	its	its	PRON
taxlaw-2855	716	30	own	own	ADJ
taxlaw-2855	716	31	funds	fund	NOUN
taxlaw-2855	716	32	)	)	PUNCT
taxlaw-2855	716	33	to	to	ADP
taxlaw-2855	716	34	parent	parent	NOUN
taxlaw-2855	716	35	,	,	PUNCT
taxlaw-2855	716	36	and	and	CCONJ
taxlaw-2855	716	37	none	none	NOUN
taxlaw-2855	716	38	of	of	ADP
taxlaw-2855	716	39	the	the	DET
taxlaw-2855	716	40	exceptions	exception	NOUN
taxlaw-2855	716	41	to	to	ADP
taxlaw-2855	716	42	the	the	DET
taxlaw-2855	716	43	per	per	X
taxlaw-2855	716	44	se	se	X
taxlaw-2855	716	45	rule	rule	NOUN
taxlaw-2855	716	46	are	be	AUX
taxlaw-2855	716	47	available	available	ADJ
taxlaw-2855	716	48	.	.	PUNCT
taxlaw-2855	717	1	because	because	SCONJ
taxlaw-2855	717	2	p	p	NOUN
taxlaw-2855	717	3	is	be	AUX
taxlaw-2855	717	4	treated	treat	VERB
taxlaw-2855	717	5	as	as	ADP
taxlaw-2855	717	6	an	an	DET
taxlaw-2855	717	7	aggregate	aggregate	NOUN
taxlaw-2855	717	8	of	of	ADP
taxlaw-2855	717	9	its	its	PRON
taxlaw-2855	717	10	partners	partner	NOUN
taxlaw-2855	717	11	,	,	PUNCT
taxlaw-2855	717	12	parent	parent	NOUN
taxlaw-2855	717	13	and	and	CCONJ
taxlaw-2855	717	14	sub1	sub1	PROPN
taxlaw-2855	717	15	would	would	AUX
taxlaw-2855	717	16	each	each	PRON
taxlaw-2855	717	17	be	be	AUX
taxlaw-2855	717	18	treated	treat	VERB
taxlaw-2855	717	19	as	as	ADP
taxlaw-2855	717	20	having	having	AUX
taxlaw-2855	717	21	borrowed	borrow	VERB
taxlaw-2855	717	22	from	from	ADP
taxlaw-2855	717	23	the	the	DET
taxlaw-2855	717	24	expanded	expand	VERB
taxlaw-2855	717	25	group	group	NOUN
taxlaw-2855	717	26	member	member	NOUN
taxlaw-2855	717	27	and	and	CCONJ
taxlaw-2855	717	28	,	,	PUNCT
taxlaw-2855	717	29	because	because	SCONJ
taxlaw-2855	717	30	sub1	sub1	PROPN
taxlaw-2855	717	31	paid	pay	VERB
taxlaw-2855	717	32	a	a	DET
taxlaw-2855	717	33	dividend	dividend	NOUN
taxlaw-2855	717	34	,	,	PUNCT
taxlaw-2855	717	35	a	a	DET
taxlaw-2855	717	36	portion	portion	NOUN
taxlaw-2855	717	37	of	of	ADP
taxlaw-2855	717	38	that	that	DET
taxlaw-2855	717	39	borrowing	borrowing	NOUN
taxlaw-2855	717	40	would	would	AUX
taxlaw-2855	717	41	be	be	AUX
taxlaw-2855	717	42	recharacterized	recharacterize	VERB
taxlaw-2855	717	43	as	as	ADP
taxlaw-2855	717	44	equity	equity	NOUN
taxlaw-2855	717	45	in	in	ADP
taxlaw-2855	717	46	sub1	sub1	PROPN
taxlaw-2855	717	47	.	.	PUNCT
taxlaw-2855	718	1	the	the	DET
taxlaw-2855	718	2	preamble	preamble	NOUN
taxlaw-2855	718	3	to	to	ADP
taxlaw-2855	718	4	the	the	DET
taxlaw-2855	718	5	proposed	propose	VERB
taxlaw-2855	718	6	385	385	NUM
taxlaw-2855	718	7	regulations	regulation	NOUN
taxlaw-2855	718	8	states	state	VERB
taxlaw-2855	718	9	the	the	DET
taxlaw-2855	718	10	reason	reason	NOUN
taxlaw-2855	718	11	the	the	DET
taxlaw-2855	718	12	funding	funding	NOUN
taxlaw-2855	718	13	rule	rule	NOUN
taxlaw-2855	718	14	is	be	AUX
taxlaw-2855	718	15	appropriate	appropriate	ADJ
taxlaw-2855	718	16	is	be	AUX
taxlaw-2855	718	17	“	"	PUNCT
taxlaw-2855	718	18	because	because	SCONJ
taxlaw-2855	718	19	money	money	NOUN
taxlaw-2855	718	20	is	be	AUX
taxlaw-2855	718	21	fungible	fungible	ADJ
taxlaw-2855	718	22	and	and	CCONJ
taxlaw-2855	718	23	because	because	SCONJ
taxlaw-2855	718	24	it	it	PRON
taxlaw-2855	718	25	is	be	AUX
taxlaw-2855	718	26	difficult	difficult	ADJ
taxlaw-2855	718	27	for	for	SCONJ
taxlaw-2855	718	28	the	the	DET
taxlaw-2855	718	29	irs	irs	PROPN
taxlaw-2855	718	30	to	to	PART
taxlaw-2855	718	31	establish	establish	VERB
taxlaw-2855	718	32	the	the	DET
taxlaw-2855	718	33	principal	principal	ADJ
taxlaw-2855	718	34	purposes	purpose	NOUN
taxlaw-2855	718	35	of	of	ADP
taxlaw-2855	718	36	internal	internal	ADJ
taxlaw-2855	718	37	transactions	transaction	NOUN
taxlaw-2855	718	38	.	.	PUNCT
taxlaw-2855	719	1	”99	”99	PROPN
taxlaw-2855	720	1	but	but	CCONJ
taxlaw-2855	720	2	money	money	NOUN
taxlaw-2855	720	3	is	be	AUX
taxlaw-2855	720	4	not	not	PART
taxlaw-2855	720	5	that	that	ADV
taxlaw-2855	720	6	fungible	fungible	ADJ
taxlaw-2855	720	7	;	;	PUNCT
taxlaw-2855	720	8	it	it	PRON
taxlaw-2855	720	9	can	can	AUX
taxlaw-2855	720	10	not	not	PART
taxlaw-2855	720	11	make	make	VERB
taxlaw-2855	720	12	its	its	PRON
taxlaw-2855	720	13	way	way	NOUN
taxlaw-2855	720	14	from	from	ADP
taxlaw-2855	720	15	p	p	NOUN
taxlaw-2855	720	16	to	to	ADP
taxlaw-2855	720	17	sub1	sub1	PROPN
taxlaw-2855	720	18	without	without	ADP
taxlaw-2855	720	19	having	having	AUX
taxlaw-2855	720	20	been	be	AUX
taxlaw-2855	720	21	distributed	distribute	VERB
taxlaw-2855	720	22	or	or	CCONJ
taxlaw-2855	720	23	loaned	loan	VERB
taxlaw-2855	720	24	to	to	ADP
taxlaw-2855	720	25	sub1	sub1	PROPN
taxlaw-2855	720	26	.	.	PUNCT
taxlaw-2855	721	1	thus	thus	ADV
taxlaw-2855	721	2	,	,	PUNCT
taxlaw-2855	721	3	even	even	ADV
taxlaw-2855	721	4	if	if	SCONJ
taxlaw-2855	721	5	one	one	NOUN
taxlaw-2855	721	6	adopts	adopt	VERB
taxlaw-2855	721	7	the	the	DET
taxlaw-2855	721	8	internal	internal	ADJ
taxlaw-2855	721	9	logic	logic	NOUN
taxlaw-2855	721	10	of	of	ADP
taxlaw-2855	721	11	the	the	DET
taxlaw-2855	721	12	section	section	NOUN
taxlaw-2855	721	13	385	385	NUM
taxlaw-2855	721	14	regulations	regulation	NOUN
taxlaw-2855	721	15	(	(	PUNCT
taxlaw-2855	721	16	that	that	SCONJ
taxlaw-2855	721	17	the	the	DET
taxlaw-2855	721	18	“	"	PUNCT
taxlaw-2855	721	19	no	no	DET
taxlaw-2855	721	20	new	new	ADJ
taxlaw-2855	721	21	capital	capital	NOUN
taxlaw-2855	721	22	”	"	PUNCT
taxlaw-2855	721	23	factor	factor	NOUN
taxlaw-2855	721	24	is	be	AUX
taxlaw-2855	721	25	germane	germane	ADJ
taxlaw-2855	721	26	to	to	ADP
taxlaw-2855	721	27	the	the	DET
taxlaw-2855	721	28	debt	debt	NOUN
taxlaw-2855	721	29	/	/	SYM
taxlaw-2855	721	30	equity	equity	NOUN
taxlaw-2855	721	31	question	question	NOUN
taxlaw-2855	721	32	and	and	CCONJ
taxlaw-2855	721	33	that	that	SCONJ
taxlaw-2855	721	34	the	the	DET
taxlaw-2855	721	35	funding	funding	NOUN
taxlaw-2855	721	36	rule	rule	NOUN
taxlaw-2855	721	37	is	be	AUX
taxlaw-2855	721	38	necessary	necessary	ADJ
taxlaw-2855	721	39	because	because	SCONJ
taxlaw-2855	721	40	cash	cash	NOUN
taxlaw-2855	721	41	is	be	AUX
taxlaw-2855	721	42	fungible	fungible	ADJ
taxlaw-2855	721	43	)	)	PUNCT
taxlaw-2855	721	44	,	,	PUNCT
taxlaw-2855	721	45	that	that	DET
taxlaw-2855	721	46	logic	logic	NOUN
taxlaw-2855	721	47	can	can	AUX
taxlaw-2855	721	48	not	not	PART
taxlaw-2855	721	49	support	support	VERB
taxlaw-2855	721	50	the	the	DET
taxlaw-2855	721	51	partnership	partnership	NOUN
taxlaw-2855	721	52	rule	rule	NOUN
taxlaw-2855	721	53	.	.	PUNCT
taxlaw-2855	722	1	finally	finally	ADV
taxlaw-2855	722	2	,	,	PUNCT
taxlaw-2855	722	3	the	the	DET
taxlaw-2855	722	4	irs	irs	PROPN
taxlaw-2855	722	5	relies	rely	VERB
taxlaw-2855	722	6	on	on	ADP
taxlaw-2855	722	7	the	the	DET
taxlaw-2855	722	8	anti	anti	ADJ
taxlaw-2855	722	9	-	-	ADJ
taxlaw-2855	722	10	conduit	conduit	ADJ
taxlaw-2855	722	11	rule	rule	NOUN
taxlaw-2855	722	12	to	to	PART
taxlaw-2855	722	13	complete	complete	VERB
taxlaw-2855	722	14	its	its	PRON
taxlaw-2855	722	15	recharacterization	recharacterization	NOUN
taxlaw-2855	722	16	of	of	ADP
taxlaw-2855	722	17	partnership	partnership	NOUN
taxlaw-2855	722	18	debt	debt	NOUN
taxlaw-2855	722	19	to	to	ADP
taxlaw-2855	722	20	corporate	corporate	ADJ
taxlaw-2855	722	21	stock	stock	NOUN
taxlaw-2855	722	22	,	,	PUNCT
taxlaw-2855	722	23	in	in	ADP
taxlaw-2855	722	24	the	the	DET
taxlaw-2855	722	25	case	case	NOUN
taxlaw-2855	722	26	of	of	ADP
taxlaw-2855	722	27	the	the	DET
taxlaw-2855	722	28	final	final	ADJ
taxlaw-2855	722	29	and	and	CCONJ
taxlaw-2855	722	30	temporary	temporary	ADJ
taxlaw-2855	722	31	385	385	NUM
taxlaw-2855	722	32	regulations	regulation	NOUN
taxlaw-2855	722	33	,	,	PUNCT
taxlaw-2855	722	34	by	by	ADP
taxlaw-2855	722	35	deeming	deem	VERB
taxlaw-2855	722	36	the	the	DET
taxlaw-2855	722	37	debt	debt	NOUN
taxlaw-2855	722	38	holder	holder	NOUN
taxlaw-2855	722	39	to	to	PART
taxlaw-2855	722	40	have	have	AUX
taxlaw-2855	722	41	transferred	transfer	VERB
taxlaw-2855	722	42	a	a	DET
taxlaw-2855	722	43	portion	portion	NOUN
taxlaw-2855	722	44	of	of	ADP
taxlaw-2855	722	45	the	the	DET
taxlaw-2855	722	46	debt	debt	NOUN
taxlaw-2855	722	47	to	to	ADP
taxlaw-2855	722	48	the	the	DET
taxlaw-2855	722	49	corporate	corporate	ADJ
taxlaw-2855	722	50	partner(s	partner(s	NOUN
taxlaw-2855	722	51	)	)	PUNCT
taxlaw-2855	722	52	in	in	ADP
taxlaw-2855	722	53	exchange	exchange	NOUN
taxlaw-2855	722	54	for	for	ADP
taxlaw-2855	722	55	its	its	PRON
taxlaw-2855	722	56	/	/	PUNCT
taxlaw-2855	722	57	their	their	PRON
taxlaw-2855	722	58	stock	stock	NOUN
taxlaw-2855	722	59	.	.	PUNCT
taxlaw-2855	723	1	we	we	PRON
taxlaw-2855	723	2	have	have	AUX
taxlaw-2855	723	3	discussed	discuss	VERB
taxlaw-2855	723	4	the	the	DET
taxlaw-2855	723	5	limitations	limitation	NOUN
taxlaw-2855	723	6	of	of	ADP
taxlaw-2855	723	7	the	the	DET
taxlaw-2855	723	8	conduit	conduit	NOUN
taxlaw-2855	723	9	rule	rule	NOUN
taxlaw-2855	723	10	above	above	ADV
taxlaw-2855	723	11	,	,	PUNCT
taxlaw-2855	723	12	and	and	CCONJ
taxlaw-2855	723	13	need	need	AUX
taxlaw-2855	723	14	not	not	PART
taxlaw-2855	723	15	revisit	revisit	VERB
taxlaw-2855	723	16	them	they	PRON
taxlaw-2855	723	17	here	here	ADV
taxlaw-2855	723	18	except	except	SCONJ
taxlaw-2855	723	19	to	to	PART
taxlaw-2855	723	20	say	say	VERB
taxlaw-2855	723	21	that	that	SCONJ
taxlaw-2855	723	22	the	the	DET
taxlaw-2855	723	23	same	same	ADJ
taxlaw-2855	723	24	analysis	analysis	NOUN
taxlaw-2855	723	25	applies	apply	VERB
taxlaw-2855	723	26	–	–	PUNCT
taxlaw-2855	723	27	the	the	DET
taxlaw-2855	723	28	anti	anti	ADJ
taxlaw-2855	723	29	-	-	ADJ
taxlaw-2855	723	30	conduit	conduit	ADJ
taxlaw-2855	723	31	rule	rule	NOUN
taxlaw-2855	723	32	is	be	AUX
taxlaw-2855	723	33	not	not	PART
taxlaw-2855	723	34	(	(	PUNCT
taxlaw-2855	723	35	and	and	CCONJ
taxlaw-2855	723	36	was	be	AUX
taxlaw-2855	723	37	not	not	PART
taxlaw-2855	723	38	intended	intend	VERB
taxlaw-2855	723	39	to	to	PART
taxlaw-2855	723	40	be	be	AUX
taxlaw-2855	723	41	)	)	PUNCT
taxlaw-2855	723	42	an	an	DET
taxlaw-2855	723	43	unlimited	unlimited	ADJ
taxlaw-2855	723	44	anti	anti	NOUN
taxlaw-2855	723	45	-	-	NOUN
taxlaw-2855	723	46	abuse	abuse	NOUN
taxlaw-2855	723	47	rule.100	rule.100	ADP
taxlaw-2855	723	48	the	the	DET
taxlaw-2855	723	49	partnership	partnership	NOUN
taxlaw-2855	723	50	rule	rule	NOUN
taxlaw-2855	723	51	requires	require	VERB
taxlaw-2855	723	52	the	the	DET
taxlaw-2855	723	53	irs	irs	PROPN
taxlaw-2855	723	54	to	to	PART
taxlaw-2855	723	55	jump	jump	VERB
taxlaw-2855	723	56	through	through	ADP
taxlaw-2855	723	57	three	three	NUM
taxlaw-2855	723	58	hoops	hoop	NOUN
taxlaw-2855	723	59	,	,	PUNCT
taxlaw-2855	723	60	and	and	CCONJ
taxlaw-2855	723	61	for	for	SCONJ
taxlaw-2855	723	62	each	each	PRON
taxlaw-2855	723	63	the	the	DET
taxlaw-2855	723	64	rule	rule	NOUN
taxlaw-2855	723	65	relies	rely	VERB
taxlaw-2855	723	66	on	on	ADP
taxlaw-2855	723	67	distinct	distinct	ADJ
taxlaw-2855	723	68	authority	authority	NOUN
taxlaw-2855	723	69	.	.	PUNCT
taxlaw-2855	724	1	all	all	DET
taxlaw-2855	724	2	three	three	NUM
taxlaw-2855	724	3	of	of	ADP
taxlaw-2855	724	4	the	the	DET
taxlaw-2855	724	5	authorities	authority	NOUN
taxlaw-2855	724	6	are	be	AUX
taxlaw-2855	724	7	being	be	AUX
taxlaw-2855	724	8	used	use	VERB
taxlaw-2855	724	9	in	in	ADP
taxlaw-2855	724	10	a	a	DET
taxlaw-2855	724	11	questionable	questionable	ADJ
taxlaw-2855	724	12	manner	manner	NOUN
taxlaw-2855	724	13	,	,	PUNCT
taxlaw-2855	724	14	and	and	CCONJ
taxlaw-2855	724	15	we	we	PRON
taxlaw-2855	724	16	believe	believe	VERB
taxlaw-2855	724	17	than	than	SCONJ
taxlaw-2855	724	18	none	none	NOUN
taxlaw-2855	724	19	of	of	ADP
taxlaw-2855	724	20	them	they	PRON
taxlaw-2855	724	21	can	can	AUX
taxlaw-2855	724	22	justify	justify	VERB
taxlaw-2855	724	23	the	the	DET
taxlaw-2855	724	24	uses	use	NOUN
taxlaw-2855	724	25	to	to	PART
taxlaw-2855	724	26	which	which	PRON
taxlaw-2855	724	27	the	the	DET
taxlaw-2855	724	28	partnership	partnership	NOUN
taxlaw-2855	724	29	rule	rule	NOUN
taxlaw-2855	724	30	puts	put	VERB
taxlaw-2855	724	31	them	they	PRON
taxlaw-2855	724	32	.	.	PUNCT
taxlaw-2855	725	1	the	the	DET
taxlaw-2855	725	2	partnership	partnership	NOUN
taxlaw-2855	725	3	rule	rule	NOUN
taxlaw-2855	725	4	,	,	PUNCT
taxlaw-2855	725	5	perhaps	perhaps	ADV
taxlaw-2855	725	6	more	more	ADJ
taxlaw-2855	725	7	than	than	ADP
taxlaw-2855	725	8	any	any	DET
taxlaw-2855	725	9	other	other	ADJ
taxlaw-2855	725	10	questionable	questionable	ADJ
taxlaw-2855	725	11	provision	provision	NOUN
taxlaw-2855	725	12	(	(	PUNCT
taxlaw-2855	725	13	though	though	SCONJ
taxlaw-2855	725	14	the	the	DET
taxlaw-2855	725	15	de	de	ADJ
taxlaw-2855	725	16	-	-	ADJ
taxlaw-2855	725	17	cfc	cfc	ADJ
taxlaw-2855	725	18	rule	rule	NOUN
taxlaw-2855	725	19	comes	come	VERB
taxlaw-2855	725	20	close	close	ADV
taxlaw-2855	725	21	)	)	PUNCT
taxlaw-2855	725	22	lays	lay	VERB
taxlaw-2855	725	23	bare	bare	ADJ
taxlaw-2855	725	24	just	just	ADV
taxlaw-2855	725	25	how	how	SCONJ
taxlaw-2855	725	26	“	"	PUNCT
taxlaw-2855	725	27	results	result	NOUN
taxlaw-2855	725	28	oriented	orient	VERB
taxlaw-2855	725	29	”	"	PUNCT
taxlaw-2855	725	30	the	the	DET
taxlaw-2855	725	31	rules	rule	NOUN
taxlaw-2855	725	32	set	set	VERB
taxlaw-2855	725	33	forth	forth	ADP
taxlaw-2855	725	34	in	in	ADP
taxlaw-2855	725	35	the	the	DET
taxlaw-2855	725	36	regulatory	regulatory	ADJ
taxlaw-2855	725	37	package	package	NOUN
taxlaw-2855	725	38	are	be	AUX
taxlaw-2855	725	39	.	.	PUNCT
taxlaw-2855	726	1	when	when	SCONJ
taxlaw-2855	726	2	the	the	DET
taxlaw-2855	726	3	irs	irs	PROPN
taxlaw-2855	726	4	encountered	encounter	VERB
taxlaw-2855	726	5	a	a	DET
taxlaw-2855	726	6	perceived	perceive	VERB
taxlaw-2855	726	7	roadblock	roadblock	NOUN
taxlaw-2855	726	8	under	under	ADP
taxlaw-2855	726	9	section	section	NOUN
taxlaw-2855	726	10	385	385	NUM
taxlaw-2855	726	11	(	(	PUNCT
taxlaw-2855	726	12	i.e.	i.e.	X
taxlaw-2855	726	13	,	,	PUNCT
taxlaw-2855	726	14	a	a	DET
taxlaw-2855	726	15	potential	potential	ADJ
taxlaw-2855	726	16	limit	limit	NOUN
taxlaw-2855	726	17	to	to	ADP
taxlaw-2855	726	18	its	its	PRON
taxlaw-2855	726	19	authority	authority	NOUN
taxlaw-2855	726	20	)	)	PUNCT
taxlaw-2855	726	21	,	,	PUNCT
taxlaw-2855	726	22	the	the	DET
taxlaw-2855	726	23	irs	irs	PROPN
taxlaw-2855	726	24	simply	simply	ADV
taxlaw-2855	726	25	invoked	invoke	VERB
taxlaw-2855	726	26	the	the	DET
taxlaw-2855	726	27	anticonduit	anticonduit	NOUN
taxlaw-2855	726	28	rule	rule	NOUN
taxlaw-2855	726	29	to	to	PART
taxlaw-2855	726	30	circuitously	circuitously	ADV
taxlaw-2855	726	31	arrive	arrive	VERB
taxlaw-2855	726	32	at	at	ADP
taxlaw-2855	726	33	the	the	DET
taxlaw-2855	726	34	desired	desire	VERB
taxlaw-2855	726	35	result	result	NOUN
taxlaw-2855	726	36	.	.	PUNCT
taxlaw-2855	727	1	this	this	PRON
taxlaw-2855	727	2	,	,	PUNCT
taxlaw-2855	727	3	in	in	ADP
taxlaw-2855	727	4	our	our	PRON
taxlaw-2855	727	5	view	view	NOUN
taxlaw-2855	727	6	,	,	PUNCT
taxlaw-2855	727	7	can	can	AUX
taxlaw-2855	727	8	not	not	PART
taxlaw-2855	727	9	be	be	AUX
taxlaw-2855	727	10	within	within	ADP
taxlaw-2855	727	11	the	the	DET
taxlaw-2855	727	12	bounds	bound	NOUN
taxlaw-2855	727	13	of	of	ADP
taxlaw-2855	727	14	regulatory	regulatory	ADJ
taxlaw-2855	727	15	authority	authority	NOUN
taxlaw-2855	727	16	.	.	PUNCT
taxlaw-2855	728	1	the	the	DET
taxlaw-2855	728	2	limits	limit	NOUN
taxlaw-2855	728	3	of	of	ADP
taxlaw-2855	728	4	regulatory	regulatory	ADJ
taxlaw-2855	728	5	authority	authority	NOUN
taxlaw-2855	728	6	should	should	AUX
taxlaw-2855	728	7	not	not	PART
taxlaw-2855	728	8	be	be	AUX
taxlaw-2855	728	9	constrained	constrain	VERB
taxlaw-2855	728	10	only	only	ADV
taxlaw-2855	728	11	by	by	ADP
taxlaw-2855	728	12	whether	whether	SCONJ
taxlaw-2855	728	13	drafters	drafter	NOUN
taxlaw-2855	728	14	can	can	AUX
taxlaw-2855	728	15	piece	piece	VERB
taxlaw-2855	728	16	together	together	ADV
taxlaw-2855	728	17	a	a	DET
taxlaw-2855	728	18	coherent	coherent	ADJ
taxlaw-2855	728	19	-	-	PUNCT
taxlaw-2855	728	20	enough	enough	ADJ
taxlaw-2855	728	21	story	story	NOUN
taxlaw-2855	728	22	through	through	ADP
taxlaw-2855	728	23	unrelated	unrelated	ADJ
taxlaw-2855	728	24	code	code	NOUN
taxlaw-2855	728	25	sections	section	NOUN
taxlaw-2855	728	26	,	,	PUNCT
taxlaw-2855	728	27	cherry	cherry	NOUN
taxlaw-2855	728	28	-	-	PUNCT
taxlaw-2855	728	29	picked	pick	VERB
taxlaw-2855	728	30	case	case	NOUN
taxlaw-2855	728	31	law	law	NOUN
taxlaw-2855	728	32	and	and	CCONJ
taxlaw-2855	728	33	scraps	scrap	NOUN
taxlaw-2855	728	34	of	of	ADP
taxlaw-2855	728	35	legislative	legislative	ADJ
taxlaw-2855	728	36	history	history	NOUN
taxlaw-2855	728	37	to	to	PART
taxlaw-2855	728	38	support	support	VERB
taxlaw-2855	728	39	a	a	DET
taxlaw-2855	728	40	policy	policy	NOUN
taxlaw-2855	728	41	-	-	PUNCT
taxlaw-2855	728	42	driven	drive	VERB
taxlaw-2855	728	43	regulation	regulation	NOUN
taxlaw-2855	728	44	unrelated	unrelated	ADJ
taxlaw-2855	728	45	to	to	ADP
taxlaw-2855	728	46	the	the	DET
taxlaw-2855	728	47	policy	policy	NOUN
taxlaw-2855	728	48	of	of	ADP
taxlaw-2855	728	49	the	the	DET
taxlaw-2855	728	50	code	code	NOUN
taxlaw-2855	728	51	section	section	NOUN
taxlaw-2855	728	52	under	under	ADP
taxlaw-2855	728	53	which	which	PRON
taxlaw-2855	728	54	the	the	DET
taxlaw-2855	728	55	regulations	regulation	NOUN
taxlaw-2855	728	56	are	be	AUX
taxlaw-2855	728	57	issued	issue	VERB
taxlaw-2855	728	58	.	.	PUNCT
taxlaw-2855	729	1	if	if	SCONJ
taxlaw-2855	729	2	that	that	PRON
taxlaw-2855	729	3	is	be	AUX
taxlaw-2855	729	4	indeed	indeed	ADV
taxlaw-2855	729	5	a	a	DET
taxlaw-2855	729	6	valid	valid	ADJ
taxlaw-2855	729	7	exercise	exercise	NOUN
taxlaw-2855	729	8	of	of	ADP
taxlaw-2855	729	9	executive	executive	ADJ
taxlaw-2855	729	10	power	power	NOUN
taxlaw-2855	729	11	,	,	PUNCT
taxlaw-2855	729	12	it	it	PRON
taxlaw-2855	729	13	is	be	AUX
taxlaw-2855	729	14	hard	hard	ADJ
taxlaw-2855	729	15	to	to	PART
taxlaw-2855	729	16	put	put	VERB
taxlaw-2855	729	17	any	any	DET
taxlaw-2855	729	18	limit	limit	NOUN
taxlaw-2855	729	19	on	on	ADP
taxlaw-2855	729	20	irs	irs	PROPN
taxlaw-2855	729	21	authority	authority	NOUN
taxlaw-2855	729	22	.	.	PUNCT
taxlaw-2855	730	1	99	99	NUM
taxlaw-2855	730	2	reg-108060	reg-108060	NOUN
taxlaw-2855	730	3	-	-	PUNCT
taxlaw-2855	730	4	15	15	NUM
taxlaw-2855	730	5	,	,	PUNCT
taxlaw-2855	730	6	2016	2016	NUM
taxlaw-2855	730	7	-	-	SYM
taxlaw-2855	730	8	17	17	NUM
taxlaw-2855	730	9	i.r.b	i.r.b	NOUN
taxlaw-2855	730	10	.	.	PUNCT
taxlaw-2855	731	1	636	636	NUM
taxlaw-2855	731	2	,	,	PUNCT
taxlaw-2855	731	3	650	650	NUM
taxlaw-2855	731	4	;	;	PUNCT
taxlaw-2855	731	5	treatment	treatment	NOUN
taxlaw-2855	731	6	of	of	ADP
taxlaw-2855	731	7	certain	certain	ADJ
taxlaw-2855	731	8	interests	interest	NOUN
taxlaw-2855	731	9	in	in	ADP
taxlaw-2855	731	10	corporations	corporation	NOUN
taxlaw-2855	731	11	as	as	ADP
taxlaw-2855	731	12	stock	stock	NOUN
taxlaw-2855	731	13	or	or	CCONJ
taxlaw-2855	731	14	indebtedness	indebtedness	NOUN
taxlaw-2855	731	15	,	,	PUNCT
taxlaw-2855	731	16	81	81	NUM
taxlaw-2855	731	17	fed	feed	VERB
taxlaw-2855	731	18	.	.	PUNCT
taxlaw-2855	732	1	reg	reg	PROPN
taxlaw-2855	732	2	.	.	PROPN
taxlaw-2855	732	3	20912	20912	NUM
taxlaw-2855	732	4	,	,	PUNCT
taxlaw-2855	732	5	20923	20923	NUM
taxlaw-2855	732	6	(	(	PUNCT
taxlaw-2855	732	7	apr	apr	PROPN
taxlaw-2855	732	8	.	.	PROPN
taxlaw-2855	732	9	8	8	NUM
taxlaw-2855	732	10	,	,	PUNCT
taxlaw-2855	732	11	2016	2016	NUM
taxlaw-2855	732	12	)	)	PUNCT
taxlaw-2855	732	13	.	.	PUNCT
taxlaw-2855	733	1	100	100	NUM
taxlaw-2855	733	2	an	an	DET
taxlaw-2855	733	3	interesting	interesting	ADJ
taxlaw-2855	733	4	point	point	NOUN
taxlaw-2855	733	5	to	to	PART
taxlaw-2855	733	6	note	note	VERB
taxlaw-2855	733	7	is	be	AUX
taxlaw-2855	733	8	that	that	SCONJ
taxlaw-2855	733	9	the	the	DET
taxlaw-2855	733	10	irs	irs	PROPN
taxlaw-2855	733	11	’s	’s	PART
taxlaw-2855	733	12	regulatory	regulatory	ADJ
taxlaw-2855	733	13	authority	authority	NOUN
taxlaw-2855	733	14	under	under	ADP
taxlaw-2855	733	15	section	section	NOUN
taxlaw-2855	733	16	7701(l	7701(l	NUM
taxlaw-2855	733	17	)	)	PUNCT
taxlaw-2855	733	18	can	can	AUX
taxlaw-2855	733	19	only	only	ADV
taxlaw-2855	733	20	be	be	AUX
taxlaw-2855	733	21	exercised	exercise	VERB
taxlaw-2855	733	22	“	"	PUNCT
taxlaw-2855	733	23	to	to	PART
taxlaw-2855	733	24	prevent	prevent	VERB
taxlaw-2855	733	25	avoidance	avoidance	NOUN
taxlaw-2855	733	26	of	of	ADP
taxlaw-2855	733	27	any	any	DET
taxlaw-2855	733	28	tax	tax	NOUN
taxlaw-2855	733	29	imposed	impose	VERB
taxlaw-2855	733	30	by	by	ADP
taxlaw-2855	733	31	this	this	DET
taxlaw-2855	733	32	title	title	NOUN
taxlaw-2855	733	33	.	.	PUNCT
taxlaw-2855	733	34	”	"	PUNCT
taxlaw-2855	734	1	the	the	DET
taxlaw-2855	734	2	anti	anti	ADJ
taxlaw-2855	734	3	-	-	ADJ
taxlaw-2855	734	4	conduit	conduit	ADJ
taxlaw-2855	734	5	financing	financing	NOUN
taxlaw-2855	734	6	regulation	regulation	NOUN
taxlaw-2855	734	7	in	in	ADP
taxlaw-2855	734	8	treasury	treasury	NOUN
taxlaw-2855	734	9	regulations	regulation	NOUN
taxlaw-2855	734	10	section	section	NOUN
taxlaw-2855	734	11	1.881	1.881	NUM
taxlaw-2855	734	12	-	-	SYM
taxlaw-2855	734	13	3	3	NUM
taxlaw-2855	734	14	is	be	AUX
taxlaw-2855	734	15	consistent	consistent	ADJ
taxlaw-2855	734	16	this	this	DET
taxlaw-2855	734	17	limitation	limitation	NOUN
taxlaw-2855	734	18	.	.	PUNCT
taxlaw-2855	735	1	that	that	DET
taxlaw-2855	735	2	regulation	regulation	NOUN
taxlaw-2855	735	3	allows	allow	VERB
taxlaw-2855	735	4	the	the	DET
taxlaw-2855	735	5	director	director	NOUN
taxlaw-2855	735	6	of	of	ADP
taxlaw-2855	735	7	field	field	NOUN
taxlaw-2855	735	8	operations	operation	NOUN
taxlaw-2855	735	9	to	to	PART
taxlaw-2855	735	10	disregard	disregard	VERB
taxlaw-2855	735	11	an	an	DET
taxlaw-2855	735	12	intermediate	intermediate	ADJ
taxlaw-2855	735	13	entity	entity	NOUN
taxlaw-2855	735	14	only	only	ADV
taxlaw-2855	735	15	if	if	SCONJ
taxlaw-2855	735	16	the	the	DET
taxlaw-2855	735	17	financing	financing	NOUN
taxlaw-2855	735	18	arrangement	arrangement	NOUN
taxlaw-2855	735	19	significantly	significantly	ADV
taxlaw-2855	735	20	reduces	reduce	VERB
taxlaw-2855	735	21	the	the	DET
taxlaw-2855	735	22	tax	tax	NOUN
taxlaw-2855	735	23	that	that	PRON
taxlaw-2855	735	24	otherwise	otherwise	ADV
taxlaw-2855	735	25	would	would	AUX
taxlaw-2855	735	26	have	have	AUX
taxlaw-2855	735	27	been	be	AUX
taxlaw-2855	735	28	imposed	impose	VERB
taxlaw-2855	735	29	.	.	PUNCT
taxlaw-2855	736	1	26	26	NUM
taxlaw-2855	736	2	c.f.r	c.f.r	NOUN
taxlaw-2855	736	3	.	.	PUNCT
taxlaw-2855	737	1	1.881	1.881	NUM
taxlaw-2855	737	2	-	-	SYM
taxlaw-2855	737	3	3(b)(2)(i	3(b)(2)(i	NUM
taxlaw-2855	737	4	)	)	PUNCT
taxlaw-2855	737	5	(	(	PUNCT
taxlaw-2855	737	6	2012	2012	NUM
taxlaw-2855	737	7	)	)	PUNCT
taxlaw-2855	737	8	.	.	PUNCT
taxlaw-2855	738	1	consider	consider	VERB
taxlaw-2855	738	2	whether	whether	SCONJ
taxlaw-2855	738	3	the	the	DET
taxlaw-2855	738	4	conduit	conduit	NOUN
taxlaw-2855	738	5	rule	rule	NOUN
taxlaw-2855	738	6	can	can	AUX
taxlaw-2855	738	7	be	be	AUX
taxlaw-2855	738	8	used	use	VERB
taxlaw-2855	738	9	to	to	PART
taxlaw-2855	738	10	recharacterize	recharacterize	VERB
taxlaw-2855	738	11	partnership	partnership	NOUN
taxlaw-2855	738	12	equity	equity	NOUN
taxlaw-2855	738	13	as	as	ADP
taxlaw-2855	738	14	stock	stock	NOUN
taxlaw-2855	738	15	if	if	SCONJ
taxlaw-2855	738	16	such	such	ADJ
taxlaw-2855	738	17	recharacterization	recharacterization	NOUN
taxlaw-2855	738	18	does	do	AUX
taxlaw-2855	738	19	not	not	PART
taxlaw-2855	738	20	reduce	reduce	VERB
taxlaw-2855	738	21	the	the	DET
taxlaw-2855	738	22	expanded	expand	VERB
taxlaw-2855	738	23	group	group	NOUN
taxlaw-2855	738	24	’s	’s	PART
taxlaw-2855	738	25	u.s	u.s	PROPN
taxlaw-2855	738	26	.	.	PROPN
taxlaw-2855	738	27	tax	tax	NOUN
taxlaw-2855	738	28	liability	liability	NOUN
taxlaw-2855	738	29	.	.	PUNCT
taxlaw-2855	739	1	2017	2017	NUM
taxlaw-2855	739	2	]	]	PUNCT
taxlaw-2855	739	3	a	a	DET
taxlaw-2855	739	4	framework	framework	NOUN
taxlaw-2855	739	5	for	for	ADP
taxlaw-2855	739	6	testing	test	VERB
taxlaw-2855	739	7	regulatory	regulatory	ADJ
taxlaw-2855	739	8	authority	authority	NOUN
taxlaw-2855	739	9	359	359	NUM
taxlaw-2855	739	10	iv	iv	NOUN
taxlaw-2855	739	11	.	.	PUNCT
taxlaw-2855	739	12	conclusion	conclusion	VERB
taxlaw-2855	739	13	our	our	PRON
taxlaw-2855	739	14	system	system	NOUN
taxlaw-2855	739	15	of	of	ADP
taxlaw-2855	739	16	government	government	NOUN
taxlaw-2855	739	17	discourages	discourage	VERB
taxlaw-2855	739	18	quick	quick	ADJ
taxlaw-2855	739	19	action	action	NOUN
taxlaw-2855	739	20	by	by	ADP
taxlaw-2855	739	21	the	the	DET
taxlaw-2855	739	22	legislative	legislative	ADJ
taxlaw-2855	739	23	branch	branch	NOUN
taxlaw-2855	739	24	,	,	PUNCT
taxlaw-2855	739	25	and	and	CCONJ
taxlaw-2855	739	26	we	we	PRON
taxlaw-2855	739	27	are	be	AUX
taxlaw-2855	739	28	experiencing	experience	VERB
taxlaw-2855	739	29	a	a	DET
taxlaw-2855	739	30	political	political	ADJ
taxlaw-2855	739	31	moment	moment	NOUN
taxlaw-2855	739	32	of	of	ADP
taxlaw-2855	739	33	greater	great	ADJ
taxlaw-2855	739	34	than	than	ADP
taxlaw-2855	739	35	normal	normal	ADJ
taxlaw-2855	739	36	legislative	legislative	ADJ
taxlaw-2855	739	37	paralysis	paralysis	NOUN
taxlaw-2855	739	38	.	.	PUNCT
taxlaw-2855	740	1	the	the	DET
taxlaw-2855	740	2	executive	executive	ADJ
taxlaw-2855	740	3	branch	branch	NOUN
taxlaw-2855	740	4	(	(	PUNCT
taxlaw-2855	740	5	and	and	CCONJ
taxlaw-2855	740	6	the	the	DET
taxlaw-2855	740	7	citizens	citizen	NOUN
taxlaw-2855	740	8	)	)	PUNCT
taxlaw-2855	740	9	may	may	AUX
taxlaw-2855	740	10	become	become	VERB
taxlaw-2855	740	11	justifiably	justifiably	ADV
taxlaw-2855	740	12	frustrated	frustrate	VERB
taxlaw-2855	740	13	by	by	ADP
taxlaw-2855	740	14	this	this	DET
taxlaw-2855	740	15	inability	inability	NOUN
taxlaw-2855	740	16	of	of	ADP
taxlaw-2855	740	17	the	the	DET
taxlaw-2855	740	18	legislature	legislature	NOUN
taxlaw-2855	740	19	to	to	PART
taxlaw-2855	740	20	promulgate	promulgate	VERB
taxlaw-2855	740	21	much	much	ADV
taxlaw-2855	740	22	needed	need	VERB
taxlaw-2855	740	23	laws	law	NOUN
taxlaw-2855	740	24	.	.	PUNCT
taxlaw-2855	741	1	it	it	PRON
taxlaw-2855	741	2	will	will	AUX
taxlaw-2855	741	3	become	become	VERB
taxlaw-2855	741	4	very	very	ADV
taxlaw-2855	741	5	tempting	tempting	ADJ
taxlaw-2855	741	6	for	for	SCONJ
taxlaw-2855	741	7	the	the	DET
taxlaw-2855	741	8	executive	executive	ADJ
taxlaw-2855	741	9	branch	branch	NOUN
taxlaw-2855	741	10	to	to	PART
taxlaw-2855	741	11	fill	fill	VERB
taxlaw-2855	741	12	this	this	DET
taxlaw-2855	741	13	void	void	NOUN
taxlaw-2855	741	14	with	with	ADP
taxlaw-2855	741	15	an	an	DET
taxlaw-2855	741	16	expansive	expansive	ADJ
taxlaw-2855	741	17	assertion	assertion	NOUN
taxlaw-2855	741	18	of	of	ADP
taxlaw-2855	741	19	regulatory	regulatory	ADJ
taxlaw-2855	741	20	authority	authority	NOUN
taxlaw-2855	741	21	.	.	PUNCT
taxlaw-2855	742	1	as	as	ADP
taxlaw-2855	742	2	a	a	DET
taxlaw-2855	742	3	political	political	ADJ
taxlaw-2855	742	4	matter	matter	NOUN
taxlaw-2855	742	5	,	,	PUNCT
taxlaw-2855	742	6	we	we	PRON
taxlaw-2855	742	7	as	as	ADP
taxlaw-2855	742	8	citizens	citizen	NOUN
taxlaw-2855	742	9	may	may	AUX
taxlaw-2855	742	10	need	need	VERB
taxlaw-2855	742	11	to	to	PART
taxlaw-2855	742	12	confront	confront	VERB
taxlaw-2855	742	13	the	the	DET
taxlaw-2855	742	14	possibility	possibility	NOUN
taxlaw-2855	742	15	that	that	SCONJ
taxlaw-2855	742	16	stasis	stasis	NOUN
taxlaw-2855	742	17	is	be	AUX
taxlaw-2855	742	18	the	the	DET
taxlaw-2855	742	19	appropriate	appropriate	ADJ
taxlaw-2855	742	20	outcome	outcome	NOUN
taxlaw-2855	742	21	of	of	ADP
taxlaw-2855	742	22	the	the	DET
taxlaw-2855	742	23	divisions	division	NOUN
taxlaw-2855	742	24	in	in	ADP
taxlaw-2855	742	25	the	the	DET
taxlaw-2855	742	26	country	country	NOUN
taxlaw-2855	742	27	.	.	PUNCT
taxlaw-2855	743	1	our	our	PRON
taxlaw-2855	743	2	goal	goal	NOUN
taxlaw-2855	743	3	in	in	ADP
taxlaw-2855	743	4	this	this	DET
taxlaw-2855	743	5	paper	paper	NOUN
taxlaw-2855	743	6	is	be	AUX
taxlaw-2855	743	7	more	more	ADV
taxlaw-2855	743	8	limited	limited	ADJ
taxlaw-2855	743	9	—	—	PUNCT
taxlaw-2855	743	10	to	to	PART
taxlaw-2855	743	11	try	try	VERB
taxlaw-2855	743	12	to	to	PART
taxlaw-2855	743	13	construct	construct	VERB
taxlaw-2855	743	14	a	a	DET
taxlaw-2855	743	15	framework	framework	NOUN
taxlaw-2855	743	16	to	to	PART
taxlaw-2855	743	17	evaluate	evaluate	VERB
taxlaw-2855	743	18	whether	whether	SCONJ
taxlaw-2855	743	19	the	the	DET
taxlaw-2855	743	20	assertion	assertion	NOUN
taxlaw-2855	743	21	of	of	ADP
taxlaw-2855	743	22	regulatory	regulatory	ADJ
taxlaw-2855	743	23	authority	authority	NOUN
taxlaw-2855	743	24	fails	fail	VERB
taxlaw-2855	743	25	as	as	ADP
taxlaw-2855	743	26	a	a	DET
taxlaw-2855	743	27	technical	technical	ADJ
taxlaw-2855	743	28	matter	matter	NOUN
taxlaw-2855	743	29	.	.	PUNCT
taxlaw-2855	744	1	careful	careful	ADJ
taxlaw-2855	744	2	reading	reading	NOUN
taxlaw-2855	744	3	of	of	ADP
taxlaw-2855	744	4	the	the	DET
taxlaw-2855	744	5	enabling	enable	VERB
taxlaw-2855	744	6	statute	statute	NOUN
taxlaw-2855	744	7	is	be	AUX
taxlaw-2855	744	8	a	a	DET
taxlaw-2855	744	9	necessary	necessary	ADJ
taxlaw-2855	744	10	starting	starting	NOUN
taxlaw-2855	744	11	point	point	NOUN
taxlaw-2855	744	12	for	for	ADP
taxlaw-2855	744	13	this	this	DET
taxlaw-2855	744	14	inquiry	inquiry	NOUN
taxlaw-2855	744	15	,	,	PUNCT
taxlaw-2855	744	16	but	but	CCONJ
taxlaw-2855	744	17	the	the	DET
taxlaw-2855	744	18	analysis	analysis	NOUN
taxlaw-2855	744	19	must	must	AUX
taxlaw-2855	744	20	also	also	ADV
taxlaw-2855	744	21	encompass	encompass	VERB
taxlaw-2855	744	22	whether	whether	SCONJ
taxlaw-2855	744	23	there	there	PRON
taxlaw-2855	744	24	are	be	VERB
taxlaw-2855	744	25	improper	improper	ADJ
taxlaw-2855	744	26	hidden	hide	VERB
taxlaw-2855	744	27	goals	goal	NOUN
taxlaw-2855	744	28	of	of	ADP
taxlaw-2855	744	29	the	the	DET
taxlaw-2855	744	30	regulation	regulation	NOUN
taxlaw-2855	744	31	,	,	PUNCT
taxlaw-2855	744	32	and	and	CCONJ
taxlaw-2855	744	33	whether	whether	SCONJ
taxlaw-2855	744	34	the	the	DET
taxlaw-2855	744	35	regulation	regulation	NOUN
taxlaw-2855	744	36	is	be	AUX
taxlaw-2855	744	37	sufficiently	sufficiently	ADV
taxlaw-2855	744	38	germane	germane	ADJ
taxlaw-2855	744	39	to	to	ADP
taxlaw-2855	744	40	its	its	PRON
taxlaw-2855	744	41	purpose	purpose	NOUN
taxlaw-2855	744	42	.	.	PUNCT
taxlaw-2855	745	1	if	if	SCONJ
taxlaw-2855	745	2	broad	broad	ADJ
taxlaw-2855	745	3	agreement	agreement	NOUN
taxlaw-2855	745	4	can	can	AUX
taxlaw-2855	745	5	be	be	AUX
taxlaw-2855	745	6	established	establish	VERB
taxlaw-2855	745	7	regarding	regard	VERB
taxlaw-2855	745	8	the	the	DET
taxlaw-2855	745	9	limits	limit	NOUN
taxlaw-2855	745	10	of	of	ADP
taxlaw-2855	745	11	regulatory	regulatory	ADJ
taxlaw-2855	745	12	authority	authority	NOUN
taxlaw-2855	745	13	,	,	PUNCT
taxlaw-2855	745	14	then	then	ADV
taxlaw-2855	745	15	we	we	PRON
taxlaw-2855	745	16	will	will	AUX
taxlaw-2855	745	17	be	be	AUX
taxlaw-2855	745	18	closer	close	ADJ
taxlaw-2855	745	19	to	to	ADP
taxlaw-2855	745	20	fulfilling	fulfil	VERB
taxlaw-2855	745	21	the	the	DET
taxlaw-2855	745	22	proper	proper	ADJ
taxlaw-2855	745	23	delineation	delineation	NOUN
taxlaw-2855	745	24	of	of	ADP
taxlaw-2855	745	25	the	the	DET
taxlaw-2855	745	26	functions	function	NOUN
taxlaw-2855	745	27	of	of	ADP
taxlaw-2855	745	28	our	our	PRON
taxlaw-2855	745	29	branches	branch	NOUN
taxlaw-2855	745	30	of	of	ADP
taxlaw-2855	745	31	government	government	NOUN
taxlaw-2855	745	32	.	.	PUNCT