id	sid	tid	token	lemma	pos
ftr-322	1	1	florida	florida	PROPN
ftr-322	1	2	tax	tax	NOUN
ftr-322	1	3	review	review	NOUN
ftr-322	1	4	i	i	PRON
ftr-322	1	5	volume	volume	VERB
ftr-322	1	6	13	13	NUM
ftr-322	1	7	2012	2012	NUM
ftr-322	1	8	number	number	NOUN
ftr-322	1	9	7	7	NUM
ftr-322	1	10	florida	florida	PROPN
ftr-322	1	11	tax	tax	NOUN
ftr-322	1	12	review	review	NOUN
ftr-322	1	13	article	article	NOUN
ftr-322	1	14	partnership	partnership	NOUN
ftr-322	1	15	special	special	ADJ
ftr-322	1	16	allocations	allocation	NOUN
ftr-322	1	17	revisited	revisit	VERB
ftr-322	1	18	david	david	PROPN
ftr-322	1	19	hasen	hasen	PROPN
ftr-322	1	20	university	university	PROPN
ftr-322	1	21	of	of	ADP
ftr-322	1	22	florida	florida	PROPN
ftr-322	1	23	college	college	PROPN
ftr-322	1	24	of	of	ADP
ftr-322	1	25	law	law	PROPN
ftr-322	1	26	florida	florida	PROPN
ftr-322	1	27	tax	tax	NOUN
ftr-322	1	28	review	review	NOUN
ftr-322	1	29	volume	volume	NOUN
ftr-322	1	30	13	13	NUM
ftr-322	1	31	2012	2012	NUM
ftr-322	1	32	number	number	NOUN
ftr-322	1	33	7	7	NUM
ftr-322	1	34	article	article	NOUN
ftr-322	1	35	partnership	partnership	NOUN
ftr-322	1	36	special	special	ADJ
ftr-322	1	37	allocations	allocation	NOUN
ftr-322	1	38	revisited	revisit	VERB
ftr-322	1	39	david	david	PROPN
ftr-322	1	40	hasen	hasen	PROPN
ftr-322	1	41	349	349	NUM
ftr-322	1	42	florida	florida	PROPN
ftr-322	1	43	tax	tax	NOUN
ftr-322	1	44	review	review	NOUN
ftr-322	1	45	volume	volume	NOUN
ftr-322	1	46	13	13	NUM
ftr-322	1	47	2012	2012	NUM
ftr-322	1	48	number	number	NOUN
ftr-322	1	49	7	7	NUM
ftr-322	1	50	the	the	DET
ftr-322	1	51	florida	florida	PROPN
ftr-322	1	52	tax	tax	NOUN
ftr-322	1	53	review	review	NOUN
ftr-322	1	54	is	be	AUX
ftr-322	1	55	a	a	DET
ftr-322	1	56	publication	publication	NOUN
ftr-322	1	57	of	of	ADP
ftr-322	1	58	the	the	DET
ftr-322	1	59	graduate	graduate	ADJ
ftr-322	1	60	tax	tax	NOUN
ftr-322	1	61	program	program	NOUN
ftr-322	1	62	of	of	ADP
ftr-322	1	63	the	the	DET
ftr-322	1	64	university	university	PROPN
ftr-322	1	65	of	of	ADP
ftr-322	1	66	florida	florida	PROPN
ftr-322	1	67	college	college	PROPN
ftr-322	1	68	of	of	ADP
ftr-322	1	69	law	law	NOUN
ftr-322	1	70	.	.	PUNCT
ftr-322	2	1	each	each	DET
ftr-322	2	2	volume	volume	NOUN
ftr-322	2	3	consists	consist	VERB
ftr-322	2	4	of	of	ADP
ftr-322	2	5	ten	ten	NUM
ftr-322	2	6	issues	issue	NOUN
ftr-322	2	7	published	publish	VERB
ftr-322	2	8	by	by	ADP
ftr-322	2	9	tax	tax	NOUN
ftr-322	2	10	analysts	analyst	NOUN
ftr-322	2	11	.	.	PUNCT
ftr-322	3	1	the	the	DET
ftr-322	3	2	subscription	subscription	NOUN
ftr-322	3	3	rate	rate	NOUN
ftr-322	3	4	,	,	PUNCT
ftr-322	3	5	payable	payable	ADJ
ftr-322	3	6	in	in	ADP
ftr-322	3	7	advance	advance	NOUN
ftr-322	3	8	,	,	PUNCT
ftr-322	3	9	is	be	AUX
ftr-322	3	10	$	$	SYM
ftr-322	3	11	125.00	125.00	NUM
ftr-322	3	12	per	per	ADP
ftr-322	3	13	volume	volume	NOUN
ftr-322	3	14	in	in	ADP
ftr-322	3	15	the	the	DET
ftr-322	3	16	united	united	PROPN
ftr-322	3	17	states	states	PROPN
ftr-322	3	18	and	and	CCONJ
ftr-322	3	19	$	$	SYM
ftr-322	3	20	145.00	145.00	NUM
ftr-322	3	21	per	per	ADP
ftr-322	3	22	volume	volume	NOUN
ftr-322	3	23	elsewhere	elsewhere	ADV
ftr-322	3	24	.	.	PUNCT
ftr-322	4	1	if	if	SCONJ
ftr-322	4	2	a	a	DET
ftr-322	4	3	subscription	subscription	NOUN
ftr-322	4	4	is	be	AUX
ftr-322	4	5	to	to	PART
ftr-322	4	6	be	be	AUX
ftr-322	4	7	discontinued	discontinue	VERB
ftr-322	4	8	at	at	ADP
ftr-322	4	9	expiration	expiration	NOUN
ftr-322	4	10	,	,	PUNCT
ftr-322	4	11	notice	notice	VERB
ftr-322	4	12	to	to	ADP
ftr-322	4	13	that	that	DET
ftr-322	4	14	effect	effect	NOUN
ftr-322	4	15	should	should	AUX
ftr-322	4	16	be	be	AUX
ftr-322	4	17	sent	send	VERB
ftr-322	4	18	;	;	PUNCT
ftr-322	4	19	otherwise	otherwise	ADV
ftr-322	4	20	,	,	PUNCT
ftr-322	4	21	it	it	PRON
ftr-322	4	22	will	will	AUX
ftr-322	4	23	be	be	AUX
ftr-322	4	24	automatically	automatically	ADV
ftr-322	4	25	renewed	renew	VERB
ftr-322	4	26	.	.	PUNCT
ftr-322	5	1	subscriptions	subscription	NOUN
ftr-322	5	2	and	and	CCONJ
ftr-322	5	3	changes	change	NOUN
ftr-322	5	4	of	of	ADP
ftr-322	5	5	address	address	NOUN
ftr-322	5	6	should	should	AUX
ftr-322	5	7	be	be	AUX
ftr-322	5	8	sent	send	VERB
ftr-322	5	9	to	to	ADP
ftr-322	5	10	:	:	PUNCT
ftr-322	5	11	customer	customer	NOUN
ftr-322	5	12	service	service	NOUN
ftr-322	5	13	dept	dept	NOUN
ftr-322	5	14	.	.	PUNCT
ftr-322	5	15	,	,	PUNCT
ftr-322	5	16	tax	tax	NOUN
ftr-322	5	17	analysts	analyst	NOUN
ftr-322	5	18	,	,	PUNCT
ftr-322	5	19	400	400	NUM
ftr-322	5	20	s.	s.	PROPN
ftr-322	5	21	maple	maple	PROPN
ftr-322	5	22	ave	ave	PROPN
ftr-322	5	23	,	,	PUNCT
ftr-322	5	24	suite	suite	NOUN
ftr-322	5	25	400	400	NUM
ftr-322	5	26	,	,	PUNCT
ftr-322	5	27	falls	fall	VERB
ftr-322	5	28	church	church	NOUN
ftr-322	5	29	,	,	PUNCT
ftr-322	5	30	va	va	PROPN
ftr-322	5	31	22048	22048	NUM
ftr-322	5	32	.	.	PUNCT
ftr-322	6	1	requests	request	NOUN
ftr-322	6	2	for	for	ADP
ftr-322	6	3	back	back	ADJ
ftr-322	6	4	issues	issue	NOUN
ftr-322	6	5	should	should	AUX
ftr-322	6	6	be	be	AUX
ftr-322	6	7	sent	send	VERB
ftr-322	6	8	to	to	ADP
ftr-322	6	9	:	:	PUNCT
ftr-322	6	10	william	william	PROPN
ftr-322	6	11	s.	s.	PROPN
ftr-322	6	12	hein	hein	PROPN
ftr-322	6	13	&	&	CCONJ
ftr-322	6	14	co.	co.	PROPN
ftr-322	6	15	,	,	PUNCT
ftr-322	6	16	inc	inc	PROPN
ftr-322	6	17	.	.	PROPN
ftr-322	6	18	,	,	PUNCT
ftr-322	6	19	1285	1285	NUM
ftr-322	6	20	main	main	ADJ
ftr-322	6	21	street	street	NOUN
ftr-322	6	22	,	,	PUNCT
ftr-322	6	23	buffalo	buffalo	PROPN
ftr-322	6	24	,	,	PUNCT
ftr-322	6	25	ny	ny	PROPN
ftr-322	6	26	14209	14209	NUM
ftr-322	6	27	.	.	PUNCT
ftr-322	7	1	please	please	INTJ
ftr-322	7	2	notify	notify	VERB
ftr-322	7	3	tax	tax	NOUN
ftr-322	7	4	analysts	analyst	NOUN
ftr-322	7	5	of	of	ADP
ftr-322	7	6	your	your	PRON
ftr-322	7	7	changes	change	NOUN
ftr-322	7	8	of	of	ADP
ftr-322	7	9	address	address	NOUN
ftr-322	7	10	one	one	NUM
ftr-322	7	11	month	month	NOUN
ftr-322	7	12	in	in	ADP
ftr-322	7	13	advance	advance	NOUN
ftr-322	7	14	.	.	PUNCT
ftr-322	8	1	if	if	SCONJ
ftr-322	8	2	you	you	PRON
ftr-322	8	3	have	have	VERB
ftr-322	8	4	any	any	DET
ftr-322	8	5	questions	question	NOUN
ftr-322	8	6	regarding	regard	VERB
ftr-322	8	7	a	a	DET
ftr-322	8	8	subscription	subscription	NOUN
ftr-322	8	9	,	,	PUNCT
ftr-322	8	10	you	you	PRON
ftr-322	8	11	may	may	AUX
ftr-322	8	12	call	call	VERB
ftr-322	8	13	customer	customer	NOUN
ftr-322	8	14	service	service	NOUN
ftr-322	8	15	at	at	ADP
ftr-322	8	16	(	(	PUNCT
ftr-322	8	17	352)273	352)273	NUM
ftr-322	8	18	-	-	PUNCT
ftr-322	8	19	0904	0904	NUM
ftr-322	8	20	or	or	CCONJ
ftr-322	8	21	email	email	NOUN
ftr-322	8	22	ftr@law.ufl.edu	ftr@law.ufl.edu	PROPN
ftr-322	8	23	.	.	PUNCT
ftr-322	9	1	copyright	copyright	NOUN
ftr-322	9	2	©	©	PROPN
ftr-322	9	3	2012	2012	NUM
ftr-322	9	4	by	by	ADP
ftr-322	9	5	the	the	DET
ftr-322	9	6	university	university	PROPN
ftr-322	9	7	of	of	ADP
ftr-322	9	8	florida	florida	PROPN
ftr-322	9	9	florida	florida	PROPN
ftr-322	9	10	tax	tax	PROPN
ftr-322	9	11	review	review	NOUN
ftr-322	9	12	volume	volume	NOUN
ftr-322	9	13	13	13	NUM
ftr-322	9	14	2012	2012	NUM
ftr-322	9	15	number	number	NOUN
ftr-322	9	16	7	7	NUM
ftr-322	9	17	editor	editor	NOUN
ftr-322	9	18	-	-	PUNCT
ftr-322	9	19	in	in	ADP
ftr-322	9	20	-	-	PUNCT
ftr-322	9	21	chief	chief	NOUN
ftr-322	9	22	martin	martin	PROPN
ftr-322	9	23	j.	j.	PROPN
ftr-322	9	24	mcmahon	mcmahon	PROPN
ftr-322	9	25	,	,	PUNCT
ftr-322	9	26	jr	jr	PROPN
ftr-322	9	27	.	.	PROPN
ftr-322	9	28	stephen	stephen	PROPN
ftr-322	9	29	c.	c.	PROPN
ftr-322	9	30	o’connell	o’connell	PROPN
ftr-322	9	31	professor	professor	NOUN
ftr-322	9	32	of	of	ADP
ftr-322	9	33	law	law	PROPN
ftr-322	9	34	university	university	PROPN
ftr-322	9	35	of	of	ADP
ftr-322	9	36	florida	florida	PROPN
ftr-322	9	37	associate	associate	PROPN
ftr-322	9	38	editors	editor	NOUN
ftr-322	9	39	university	university	PROPN
ftr-322	9	40	of	of	ADP
ftr-322	9	41	florida	florida	PROPN
ftr-322	9	42	yariv	yariv	PROPN
ftr-322	9	43	brauner	brauner	PROPN
ftr-322	9	44	professor	professor	NOUN
ftr-322	9	45	of	of	ADP
ftr-322	9	46	law	law	PROPN
ftr-322	9	47	dennis	dennis	PROPN
ftr-322	9	48	a.	a.	PROPN
ftr-322	9	49	calfee	calfee	PROPN
ftr-322	9	50	professor	professor	NOUN
ftr-322	9	51	of	of	ADP
ftr-322	9	52	law	law	PROPN
ftr-322	9	53	patricia	patricia	PROPN
ftr-322	9	54	e.	e.	PROPN
ftr-322	9	55	dilley	dilley	PROPN
ftr-322	9	56	professor	professor	PROPN
ftr-322	9	57	of	of	ADP
ftr-322	9	58	law	law	PROPN
ftr-322	9	59	michael	michael	PROPN
ftr-322	9	60	k.	k.	PROPN
ftr-322	9	61	friel	friel	PROPN
ftr-322	9	62	professor	professor	PROPN
ftr-322	9	63	of	of	ADP
ftr-322	9	64	law	law	PROPN
ftr-322	9	65	david	david	PROPN
ftr-322	9	66	m.	m.	PROPN
ftr-322	9	67	hudson	hudson	PROPN
ftr-322	9	68	professor	professor	PROPN
ftr-322	9	69	of	of	ADP
ftr-322	9	70	law	law	PROPN
ftr-322	9	71	charlene	charlene	PROPN
ftr-322	9	72	luke	luke	PROPN
ftr-322	9	73	associate	associate	NOUN
ftr-322	9	74	professor	professor	NOUN
ftr-322	9	75	of	of	ADP
ftr-322	9	76	law	law	PROPN
ftr-322	9	77	lawrence	lawrence	PROPN
ftr-322	9	78	a.	a.	PROPN
ftr-322	9	79	lokken	lokken	PROPN
ftr-322	9	80	omri	omri	PROPN
ftr-322	9	81	marian	marian	PROPN
ftr-322	9	82	assistant	assistant	PROPN
ftr-322	9	83	professor	professor	NOUN
ftr-322	9	84	of	of	ADP
ftr-322	9	85	law	law	PROPN
ftr-322	9	86	yolanda	yolanda	PROPN
ftr-322	9	87	jameson	jameson	PROPN
ftr-322	9	88	visiting	visit	VERB
ftr-322	9	89	assistant	assistant	ADJ
ftr-322	9	90	professor	professor	NOUN
ftr-322	9	91	samuel	samuel	PROPN
ftr-322	9	92	c.	c.	PROPN
ftr-322	9	93	ullman	ullman	PROPN
ftr-322	9	94	adjunct	adjunct	PROPN
ftr-322	9	95	professor	professor	NOUN
ftr-322	9	96	of	of	ADP
ftr-322	9	97	law	law	NOUN
ftr-322	9	98	emeritus	emeritus	ADJ
ftr-322	9	99	culverhouse	culverhouse	NOUN
ftr-322	9	100	eminent	eminent	NOUN
ftr-322	9	101	scholar	scholar	NOUN
ftr-322	9	102	board	board	NOUN
ftr-322	9	103	of	of	ADP
ftr-322	9	104	advisors	advisor	NOUN
ftr-322	9	105	hugh	hugh	PROPN
ftr-322	9	106	j.	j.	PROPN
ftr-322	9	107	ault	ault	PROPN
ftr-322	9	108	boston	boston	PROPN
ftr-322	9	109	college	college	PROPN
ftr-322	9	110	j.	j.	PROPN
ftr-322	9	111	martin	martin	PROPN
ftr-322	9	112	burke	burke	PROPN
ftr-322	9	113	university	university	PROPN
ftr-322	9	114	of	of	ADP
ftr-322	9	115	montana	montana	PROPN
ftr-322	9	116	charlotte	charlotte	PROPN
ftr-322	9	117	crane	crane	PROPN
ftr-322	9	118	northwestern	northwestern	PROPN
ftr-322	9	119	university	university	PROPN
ftr-322	9	120	jasper	jasper	NOUN
ftr-322	9	121	l.	l.	PROPN
ftr-322	9	122	cummings	cummings	PROPN
ftr-322	9	123	jr	jr	PROPN
ftr-322	9	124	.	.	PROPN
ftr-322	9	125	alston	alston	PROPN
ftr-322	9	126	&	&	CCONJ
ftr-322	9	127	bird	bird	PROPN
ftr-322	9	128	,	,	PUNCT
ftr-322	9	129	llp	llp	PROPN
ftr-322	9	130	raleigh	raleigh	PROPN
ftr-322	9	131	,	,	PUNCT
ftr-322	9	132	north	north	PROPN
ftr-322	9	133	carolina	carolina	PROPN
ftr-322	9	134	deborah	deborah	PROPN
ftr-322	9	135	a.	a.	PROPN
ftr-322	9	136	geier	geier	PROPN
ftr-322	9	137	cleveland	cleveland	PROPN
ftr-322	9	138	state	state	PROPN
ftr-322	9	139	university	university	PROPN
ftr-322	9	140	stephen	stephen	PROPN
ftr-322	9	141	a.	a.	PROPN
ftr-322	9	142	lind	lind	PROPN
ftr-322	9	143	university	university	PROPN
ftr-322	9	144	of	of	ADP
ftr-322	9	145	california	california	PROPN
ftr-322	9	146	hastings	hastings	PROPN
ftr-322	9	147	college	college	PROPN
ftr-322	9	148	of	of	ADP
ftr-322	9	149	law	law	PROPN
ftr-322	9	150	gregg	gregg	PROPN
ftr-322	9	151	d.	d.	PROPN
ftr-322	9	152	polsky	polsky	PROPN
ftr-322	9	153	university	university	PROPN
ftr-322	9	154	of	of	ADP
ftr-322	9	155	north	north	PROPN
ftr-322	9	156	carolina	carolina	PROPN
ftr-322	9	157	reed	reed	PROPN
ftr-322	9	158	shuldiner	shuldiner	PROPN
ftr-322	9	159	university	university	PROPN
ftr-322	9	160	of	of	ADP
ftr-322	9	161	pennsylvania	pennsylvania	PROPN
ftr-322	9	162	theodore	theodore	PROPN
ftr-322	9	163	s.	s.	PROPN
ftr-322	9	164	sims	sims	PROPN
ftr-322	9	165	boston	boston	PROPN
ftr-322	9	166	university	university	PROPN
ftr-322	9	167	graduate	graduate	NOUN
ftr-322	9	168	editors	editor	NOUN
ftr-322	9	169	rachel	rachel	PROPN
ftr-322	9	170	barlow	barlow	PROPN
ftr-322	9	171	ashley	ashley	PROPN
ftr-322	9	172	haskins	haskins	PROPN
ftr-322	9	173	justin	justin	PROPN
ftr-322	9	174	hoyle	hoyle	PROPN
ftr-322	9	175	grant	grant	PROPN
ftr-322	9	176	marshall	marshall	PROPN
ftr-322	9	177	isabelle	isabelle	PROPN
ftr-322	9	178	taylor	taylor	PROPN
ftr-322	9	179	suzie	suzie	PROPN
ftr-322	9	180	ward	ward	PROPN
ftr-322	9	181	gary	gary	PROPN
ftr-322	9	182	williams	williams	PROPN
ftr-322	9	183	seth	seth	PROPN
ftr-322	9	184	williams	williams	PROPN
ftr-322	9	185	executive	executive	PROPN
ftr-322	9	186	assistant	assistant	PROPN
ftr-322	9	187	trudi	trudi	PROPN
ftr-322	9	188	m.	m.	PROPN
ftr-322	9	189	reid	reid	PROPN
ftr-322	9	190	florida	florida	PROPN
ftr-322	9	191	tax	tax	PROPN
ftr-322	9	192	review	review	NOUN
ftr-322	9	193	volume	volume	NOUN
ftr-322	9	194	13	13	NUM
ftr-322	9	195	2012	2012	NUM
ftr-322	9	196	number	number	NOUN
ftr-322	9	197	7	7	NUM
ftr-322	9	198	information	information	NOUN
ftr-322	9	199	for	for	ADP
ftr-322	9	200	contributors	contributor	NOUN
ftr-322	9	201	the	the	DET
ftr-322	9	202	florida	florida	PROPN
ftr-322	9	203	tax	tax	NOUN
ftr-322	9	204	review	review	NOUN
ftr-322	9	205	invites	invite	VERB
ftr-322	9	206	the	the	DET
ftr-322	9	207	submission	submission	NOUN
ftr-322	9	208	of	of	ADP
ftr-322	9	209	manuscripts	manuscript	NOUN
ftr-322	9	210	addressing	address	VERB
ftr-322	9	211	issues	issue	NOUN
ftr-322	9	212	of	of	ADP
ftr-322	9	213	tax	tax	NOUN
ftr-322	9	214	law	law	NOUN
ftr-322	9	215	and	and	CCONJ
ftr-322	9	216	policy	policy	NOUN
ftr-322	9	217	.	.	PUNCT
ftr-322	10	1	the	the	DET
ftr-322	10	2	review	review	NOUN
ftr-322	10	3	publishes	publish	VERB
ftr-322	10	4	several	several	ADJ
ftr-322	10	5	types	type	NOUN
ftr-322	10	6	of	of	ADP
ftr-322	10	7	manuscripts	manuscript	NOUN
ftr-322	10	8	:	:	PUNCT
ftr-322	10	9	―articles,‖	―articles,‖	PROPN
ftr-322	10	10	―commentaries,‖	―commentaries,‖	PROPN
ftr-322	10	11	and	and	CCONJ
ftr-322	10	12	―book	―book	PROPN
ftr-322	10	13	reviews.‖	reviews.‖	NOUN
ftr-322	10	14	the	the	DET
ftr-322	10	15	florida	florida	PROPN
ftr-322	10	16	tax	tax	NOUN
ftr-322	10	17	review	review	NOUN
ftr-322	10	18	is	be	AUX
ftr-322	10	19	a	a	DET
ftr-322	10	20	faculty	faculty	NOUN
ftr-322	10	21	-	-	PUNCT
ftr-322	10	22	edited	edit	VERB
ftr-322	10	23	law	law	NOUN
ftr-322	10	24	review	review	NOUN
ftr-322	10	25	published	publish	VERB
ftr-322	10	26	by	by	ADP
ftr-322	10	27	the	the	DET
ftr-322	10	28	graduate	graduate	PROPN
ftr-322	10	29	tax	tax	NOUN
ftr-322	10	30	program	program	NOUN
ftr-322	10	31	of	of	ADP
ftr-322	10	32	the	the	DET
ftr-322	10	33	university	university	PROPN
ftr-322	10	34	of	of	ADP
ftr-322	10	35	florida	florida	PROPN
ftr-322	10	36	college	college	PROPN
ftr-322	10	37	of	of	ADP
ftr-322	10	38	law	law	NOUN
ftr-322	10	39	,	,	PUNCT
ftr-322	10	40	with	with	ADP
ftr-322	10	41	the	the	DET
ftr-322	10	42	assistance	assistance	NOUN
ftr-322	10	43	of	of	ADP
ftr-322	10	44	a	a	DET
ftr-322	10	45	number	number	NOUN
ftr-322	10	46	of	of	ADP
ftr-322	10	47	graduate	graduate	ADJ
ftr-322	10	48	tax	tax	NOUN
ftr-322	10	49	students	student	NOUN
ftr-322	10	50	who	who	PRON
ftr-322	10	51	assist	assist	VERB
ftr-322	10	52	the	the	DET
ftr-322	10	53	faculty	faculty	NOUN
ftr-322	10	54	editorial	editorial	NOUN
ftr-322	10	55	board	board	NOUN
ftr-322	10	56	.	.	PUNCT
ftr-322	11	1	the	the	DET
ftr-322	11	2	florida	florida	PROPN
ftr-322	11	3	tax	tax	NOUN
ftr-322	11	4	review	review	NOUN
ftr-322	11	5	prefers	prefer	VERB
ftr-322	11	6	electronic	electronic	ADJ
ftr-322	11	7	submissions	submission	NOUN
ftr-322	11	8	in	in	ADP
ftr-322	11	9	either	either	DET
ftr-322	11	10	word	word	NOUN
ftr-322	11	11	perfect	perfect	ADJ
ftr-322	11	12	or	or	CCONJ
ftr-322	11	13	microsoft	microsoft	PROPN
ftr-322	11	14	word	word	NOUN
ftr-322	11	15	either	either	CCONJ
ftr-322	11	16	by	by	ADP
ftr-322	11	17	e	e	NOUN
ftr-322	11	18	-	-	NOUN
ftr-322	11	19	mail	mail	NOUN
ftr-322	11	20	to	to	PART
ftr-322	11	21	ftr@law.ufl.edu	ftr@law.ufl.edu	VERB
ftr-322	11	22	or	or	CCONJ
ftr-322	11	23	through	through	ADP
ftr-322	11	24	expresso	expresso	NOUN
ftr-322	11	25	.	.	PUNCT
ftr-322	12	1	if	if	SCONJ
ftr-322	12	2	a	a	DET
ftr-322	12	3	hard	hard	ADJ
ftr-322	12	4	copy	copy	NOUN
ftr-322	12	5	submission	submission	NOUN
ftr-322	12	6	is	be	AUX
ftr-322	12	7	necessary	necessary	ADJ
ftr-322	12	8	,	,	PUNCT
ftr-322	12	9	please	please	INTJ
ftr-322	12	10	mail	mail	VERB
ftr-322	12	11	your	your	PRON
ftr-322	12	12	article	article	NOUN
ftr-322	12	13	to	to	ADP
ftr-322	12	14	:	:	PUNCT
ftr-322	12	15	editor	editor	PROPN
ftr-322	12	16	,	,	PUNCT
ftr-322	12	17	florida	florida	PROPN
ftr-322	12	18	tax	tax	PROPN
ftr-322	12	19	review	review	PROPN
ftr-322	12	20	,	,	PUNCT
ftr-322	12	21	university	university	PROPN
ftr-322	12	22	of	of	ADP
ftr-322	12	23	florida	florida	PROPN
ftr-322	12	24	college	college	PROPN
ftr-322	12	25	of	of	ADP
ftr-322	12	26	law	law	PROPN
ftr-322	12	27	,	,	PUNCT
ftr-322	12	28	p.o	p.o	PROPN
ftr-322	12	29	.	.	PROPN
ftr-322	12	30	box	box	PROPN
ftr-322	12	31	117634	117634	NUM
ftr-322	12	32	,	,	PUNCT
ftr-322	12	33	gainesville	gainesville	PROPN
ftr-322	12	34	,	,	PUNCT
ftr-322	12	35	fl	fl	PROPN
ftr-322	12	36	32611	32611	NUM
ftr-322	12	37	-	-	SYM
ftr-322	12	38	7634	7634	NUM
ftr-322	12	39	.	.	PUNCT
ftr-322	13	1	although	although	SCONJ
ftr-322	13	2	the	the	DET
ftr-322	13	3	florida	florida	PROPN
ftr-322	13	4	tax	tax	NOUN
ftr-322	13	5	review	review	NOUN
ftr-322	13	6	has	have	VERB
ftr-322	13	7	no	no	DET
ftr-322	13	8	minimum	minimum	ADJ
ftr-322	13	9	or	or	CCONJ
ftr-322	13	10	maximum	maximum	ADJ
ftr-322	13	11	page	page	NOUN
ftr-322	13	12	requirements	requirement	NOUN
ftr-322	13	13	for	for	ADP
ftr-322	13	14	submissions	submission	NOUN
ftr-322	13	15	,	,	PUNCT
ftr-322	13	16	it	it	PRON
ftr-322	13	17	does	do	AUX
ftr-322	13	18	have	have	VERB
ftr-322	13	19	a	a	DET
ftr-322	13	20	strong	strong	ADJ
ftr-322	13	21	preference	preference	NOUN
ftr-322	13	22	for	for	ADP
ftr-322	13	23	submissions	submission	NOUN
ftr-322	13	24	that	that	PRON
ftr-322	13	25	are	be	AUX
ftr-322	13	26	30,000	30,000	NUM
ftr-322	13	27	words	word	NOUN
ftr-322	13	28	or	or	CCONJ
ftr-322	13	29	less	less	ADJ
ftr-322	13	30	,	,	PUNCT
ftr-322	13	31	including	include	VERB
ftr-322	13	32	text	text	NOUN
ftr-322	13	33	and	and	CCONJ
ftr-322	13	34	footnotes	footnote	NOUN
ftr-322	13	35	.	.	PUNCT
ftr-322	14	1	the	the	DET
ftr-322	14	2	florida	florida	PROPN
ftr-322	14	3	tax	tax	NOUN
ftr-322	14	4	review	review	NOUN
ftr-322	14	5	will	will	AUX
ftr-322	14	6	consider	consider	VERB
ftr-322	14	7	manuscripts	manuscript	NOUN
ftr-322	14	8	at	at	ADP
ftr-322	14	9	any	any	DET
ftr-322	14	10	time	time	NOUN
ftr-322	14	11	.	.	PUNCT
ftr-322	15	1	all	all	DET
ftr-322	15	2	citations	citation	NOUN
ftr-322	15	3	should	should	AUX
ftr-322	15	4	follow	follow	VERB
ftr-322	15	5	a	a	DET
ftr-322	15	6	uniform	uniform	ADJ
ftr-322	15	7	system	system	NOUN
ftr-322	15	8	of	of	ADP
ftr-322	15	9	citation	citation	NOUN
ftr-322	15	10	(	(	PUNCT
ftr-322	15	11	19th	19th	ADJ
ftr-322	15	12	ed	ed	NOUN
ftr-322	15	13	.	.	PUNCT
ftr-322	15	14	)	)	PUNCT
ftr-322	15	15	;	;	PUNCT
ftr-322	15	16	however	however	ADV
ftr-322	15	17	,	,	PUNCT
ftr-322	15	18	some	some	DET
ftr-322	15	19	modifications	modification	NOUN
ftr-322	15	20	will	will	AUX
ftr-322	15	21	be	be	AUX
ftr-322	15	22	made	make	VERB
ftr-322	15	23	by	by	ADP
ftr-322	15	24	our	our	PRON
ftr-322	15	25	editors	editor	NOUN
ftr-322	15	26	to	to	PART
ftr-322	15	27	conform	conform	VERB
ftr-322	15	28	with	with	ADP
ftr-322	15	29	the	the	DET
ftr-322	15	30	florida	florida	PROPN
ftr-322	15	31	tax	tax	NOUN
ftr-322	15	32	review	review	NOUN
ftr-322	15	33	styles	style	NOUN
ftr-322	15	34	manuel	manuel	NOUN
ftr-322	15	35	.	.	PUNCT
ftr-322	16	1	for	for	ADP
ftr-322	16	2	submissions	submission	NOUN
ftr-322	16	3	made	make	VERB
ftr-322	16	4	directly	directly	ADV
ftr-322	16	5	to	to	ADP
ftr-322	16	6	the	the	DET
ftr-322	16	7	florida	florida	PROPN
ftr-322	16	8	tax	tax	PROPN
ftr-322	16	9	review	review	PROPN
ftr-322	16	10	,	,	PUNCT
ftr-322	16	11	the	the	DET
ftr-322	16	12	board	board	NOUN
ftr-322	16	13	of	of	ADP
ftr-322	16	14	editors	editor	NOUN
ftr-322	16	15	will	will	AUX
ftr-322	16	16	endeavor	endeavor	VERB
ftr-322	16	17	to	to	PART
ftr-322	16	18	decide	decide	VERB
ftr-322	16	19	within	within	ADP
ftr-322	16	20	three	three	NUM
ftr-322	16	21	weeks	week	NOUN
ftr-322	16	22	whether	whether	SCONJ
ftr-322	16	23	to	to	PART
ftr-322	16	24	publish	publish	VERB
ftr-322	16	25	a	a	DET
ftr-322	16	26	manuscript	manuscript	NOUN
ftr-322	16	27	.	.	PUNCT
ftr-322	17	1	after	after	SCONJ
ftr-322	17	2	the	the	DET
ftr-322	17	3	decision	decision	NOUN
ftr-322	17	4	has	have	AUX
ftr-322	17	5	been	be	AUX
ftr-322	17	6	made	make	VERB
ftr-322	17	7	to	to	PART
ftr-322	17	8	publish	publish	VERB
ftr-322	17	9	,	,	PUNCT
ftr-322	17	10	the	the	DET
ftr-322	17	11	review	review	NOUN
ftr-322	17	12	is	be	AUX
ftr-322	17	13	committed	commit	VERB
ftr-322	17	14	to	to	ADP
ftr-322	17	15	expediting	expedite	VERB
ftr-322	17	16	publication	publication	NOUN
ftr-322	17	17	.	.	PUNCT
ftr-322	18	1	manuscripts	manuscript	NOUN
ftr-322	18	2	selected	select	VERB
ftr-322	18	3	for	for	ADP
ftr-322	18	4	publication	publication	NOUN
ftr-322	18	5	as	as	SCONJ
ftr-322	18	6	articles	article	NOUN
ftr-322	18	7	generally	generally	ADV
ftr-322	18	8	are	be	AUX
ftr-322	18	9	expected	expect	VERB
ftr-322	18	10	to	to	PART
ftr-322	18	11	be	be	AUX
ftr-322	18	12	published	publish	VERB
ftr-322	18	13	within	within	ADP
ftr-322	18	14	three	three	NUM
ftr-322	18	15	months	month	NOUN
ftr-322	18	16	after	after	ADP
ftr-322	18	17	acceptance	acceptance	NOUN
ftr-322	18	18	.	.	PUNCT
ftr-322	19	1	all	all	DET
ftr-322	19	2	tax	tax	NOUN
ftr-322	19	3	law	law	NOUN
ftr-322	19	4	and	and	CCONJ
ftr-322	19	5	policy	policy	NOUN
ftr-322	19	6	positions	position	NOUN
ftr-322	19	7	presented	present	VERB
ftr-322	19	8	are	be	AUX
ftr-322	19	9	solely	solely	ADV
ftr-322	19	10	those	those	PRON
ftr-322	19	11	of	of	ADP
ftr-322	19	12	the	the	DET
ftr-322	19	13	authors	author	NOUN
ftr-322	19	14	.	.	PUNCT
ftr-322	20	1	the	the	DET
ftr-322	20	2	editors	editor	NOUN
ftr-322	20	3	,	,	PUNCT
ftr-322	20	4	the	the	DET
ftr-322	20	5	university	university	PROPN
ftr-322	20	6	of	of	ADP
ftr-322	20	7	florida	florida	PROPN
ftr-322	20	8	college	college	PROPN
ftr-322	20	9	of	of	ADP
ftr-322	20	10	law	law	NOUN
ftr-322	20	11	and	and	CCONJ
ftr-322	20	12	tax	tax	NOUN
ftr-322	20	13	analysts	analyst	NOUN
ftr-322	20	14	do	do	AUX
ftr-322	20	15	not	not	PART
ftr-322	20	16	approve	approve	VERB
ftr-322	20	17	of	of	ADP
ftr-322	20	18	or	or	CCONJ
ftr-322	20	19	adopt	adopt	VERB
ftr-322	20	20	such	such	ADJ
ftr-322	20	21	positions	position	NOUN
ftr-322	20	22	merely	merely	ADV
ftr-322	20	23	through	through	ADP
ftr-322	20	24	the	the	DET
ftr-322	20	25	act	act	NOUN
ftr-322	20	26	of	of	ADP
ftr-322	20	27	publishing	publish	VERB
ftr-322	20	28	the	the	DET
ftr-322	20	29	manuscripts	manuscript	NOUN
ftr-322	20	30	in	in	ADP
ftr-322	20	31	the	the	DET
ftr-322	20	32	review	review	NOUN
ftr-322	20	33	.	.	PUNCT
ftr-322	21	1	florida	florida	PROPN
ftr-322	21	2	tax	tax	PROPN
ftr-322	21	3	review	review	PROPN
ftr-322	21	4	volume	volume	NOUN
ftr-322	21	5	13	13	NUM
ftr-322	21	6	2012	2012	NUM
ftr-322	21	7	number	number	NOUN
ftr-322	21	8	7	7	NUM
ftr-322	21	9	all	all	DET
ftr-322	21	10	references	reference	NOUN
ftr-322	21	11	and	and	CCONJ
ftr-322	21	12	citations	citation	NOUN
ftr-322	21	13	to	to	ADP
ftr-322	21	14	sections	section	NOUN
ftr-322	21	15	in	in	ADP
ftr-322	21	16	this	this	DET
ftr-322	21	17	issue	issue	NOUN
ftr-322	21	18	are	be	AUX
ftr-322	21	19	to	to	ADP
ftr-322	21	20	sections	section	NOUN
ftr-322	21	21	of	of	ADP
ftr-322	21	22	the	the	DET
ftr-322	21	23	internal	internal	ADJ
ftr-322	21	24	revenue	revenue	NOUN
ftr-322	21	25	code	code	NOUN
ftr-322	21	26	of	of	ADP
ftr-322	21	27	1986	1986	NUM
ftr-322	21	28	,	,	PUNCT
ftr-322	21	29	as	as	SCONJ
ftr-322	21	30	amended	amend	VERB
ftr-322	21	31	,	,	PUNCT
ftr-322	21	32	unless	unless	SCONJ
ftr-322	21	33	otherwise	otherwise	ADV
ftr-322	21	34	indicated	indicate	VERB
ftr-322	21	35	.	.	PUNCT
ftr-322	22	1	all	all	DET
ftr-322	22	2	references	reference	NOUN
ftr-322	22	3	and	and	CCONJ
ftr-322	22	4	citations	citation	NOUN
ftr-322	22	5	to	to	ADP
ftr-322	22	6	regulations	regulation	NOUN
ftr-322	22	7	are	be	AUX
ftr-322	22	8	to	to	ADP
ftr-322	22	9	treasury	treasury	NOUN
ftr-322	22	10	regulations	regulation	NOUN
ftr-322	22	11	under	under	ADP
ftr-322	22	12	the	the	DET
ftr-322	22	13	internal	internal	ADJ
ftr-322	22	14	revenue	revenue	NOUN
ftr-322	22	15	code	code	NOUN
ftr-322	22	16	of	of	ADP
ftr-322	22	17	1986	1986	NUM
ftr-322	22	18	,	,	PUNCT
ftr-322	22	19	as	as	SCONJ
ftr-322	22	20	amended	amend	VERB
ftr-322	22	21	,	,	PUNCT
ftr-322	22	22	unless	unless	SCONJ
ftr-322	22	23	otherwise	otherwise	ADV
ftr-322	22	24	indicated	indicate	VERB
ftr-322	22	25	.	.	PUNCT
ftr-322	23	1	florida	florida	PROPN
ftr-322	23	2	tax	tax	PROPN
ftr-322	23	3	review	review	PROPN
ftr-322	23	4	volume	volume	NOUN
ftr-322	23	5	13	13	NUM
ftr-322	23	6	2012	2012	NUM
ftr-322	23	7	number	number	NOUN
ftr-322	23	8	7	7	NUM
ftr-322	23	9	349	349	NUM
ftr-322	23	10	partnership	partnership	NOUN
ftr-322	23	11	special	special	ADJ
ftr-322	23	12	allocations	allocation	NOUN
ftr-322	23	13	revisited	revisit	VERB
ftr-322	23	14	by	by	ADP
ftr-322	23	15	david	david	PROPN
ftr-322	23	16	hasen	hasen	PROPN
ftr-322	23	17	abstract	abstract	ADJ
ftr-322	23	18	special	special	ADJ
ftr-322	23	19	allocations	allocation	NOUN
ftr-322	23	20	of	of	ADP
ftr-322	23	21	items	item	NOUN
ftr-322	23	22	of	of	ADP
ftr-322	23	23	partnership	partnership	NOUN
ftr-322	23	24	income	income	NOUN
ftr-322	23	25	,	,	PUNCT
ftr-322	23	26	gain	gain	NOUN
ftr-322	23	27	,	,	PUNCT
ftr-322	23	28	loss	loss	NOUN
ftr-322	23	29	,	,	PUNCT
ftr-322	23	30	and	and	CCONJ
ftr-322	23	31	deduction	deduction	NOUN
ftr-322	23	32	have	have	AUX
ftr-322	23	33	long	long	ADV
ftr-322	23	34	created	create	VERB
ftr-322	23	35	difficulties	difficulty	NOUN
ftr-322	23	36	for	for	ADP
ftr-322	23	37	the	the	DET
ftr-322	23	38	tax	tax	NOUN
ftr-322	23	39	law	law	NOUN
ftr-322	23	40	.	.	PUNCT
ftr-322	24	1	the	the	DET
ftr-322	24	2	paper	paper	NOUN
ftr-322	24	3	argues	argue	VERB
ftr-322	24	4	that	that	SCONJ
ftr-322	24	5	most	most	ADJ
ftr-322	24	6	such	such	ADJ
ftr-322	24	7	allocations	allocation	NOUN
ftr-322	24	8	should	should	AUX
ftr-322	24	9	not	not	PART
ftr-322	24	10	be	be	AUX
ftr-322	24	11	respected	respect	VERB
ftr-322	24	12	for	for	ADP
ftr-322	24	13	tax	tax	NOUN
ftr-322	24	14	purposes	purpose	NOUN
ftr-322	24	15	because	because	SCONJ
ftr-322	24	16	they	they	PRON
ftr-322	24	17	inappropriately	inappropriately	ADV
ftr-322	24	18	separate	separate	VERB
ftr-322	24	19	the	the	DET
ftr-322	24	20	character	character	NOUN
ftr-322	24	21	of	of	ADP
ftr-322	24	22	partnership	partnership	NOUN
ftr-322	24	23	items	item	NOUN
ftr-322	24	24	from	from	ADP
ftr-322	24	25	the	the	DET
ftr-322	24	26	partners	partner	NOUN
ftr-322	24	27	that	that	PRON
ftr-322	24	28	are	be	AUX
ftr-322	24	29	economically	economically	ADV
ftr-322	24	30	entitled	entitle	VERB
ftr-322	24	31	to	to	ADP
ftr-322	24	32	them	they	PRON
ftr-322	24	33	.	.	PUNCT
ftr-322	25	1	the	the	DET
ftr-322	25	2	paper	paper	NOUN
ftr-322	25	3	suggests	suggest	VERB
ftr-322	25	4	that	that	SCONJ
ftr-322	25	5	special	special	ADJ
ftr-322	25	6	allocations	allocation	NOUN
ftr-322	25	7	instead	instead	ADV
ftr-322	25	8	ought	ought	AUX
ftr-322	25	9	to	to	PART
ftr-322	25	10	be	be	AUX
ftr-322	25	11	viewed	view	VERB
ftr-322	25	12	as	as	ADP
ftr-322	25	13	transactions	transaction	NOUN
ftr-322	25	14	in	in	ADP
ftr-322	25	15	partnership	partnership	NOUN
ftr-322	25	16	interests	interest	NOUN
ftr-322	25	17	between	between	ADP
ftr-322	25	18	or	or	CCONJ
ftr-322	25	19	among	among	ADP
ftr-322	25	20	the	the	DET
ftr-322	25	21	partners	partner	NOUN
ftr-322	25	22	themselves	themselves	PRON
ftr-322	25	23	.	.	PUNCT
ftr-322	26	1	a	a	DET
ftr-322	26	2	number	number	NOUN
ftr-322	26	3	of	of	ADP
ftr-322	26	4	consequences	consequence	NOUN
ftr-322	26	5	follow	follow	VERB
ftr-322	26	6	.	.	PUNCT
ftr-322	27	1	the	the	DET
ftr-322	27	2	paper	paper	NOUN
ftr-322	27	3	also	also	ADV
ftr-322	27	4	argues	argue	VERB
ftr-322	27	5	that	that	SCONJ
ftr-322	27	6	treasury‘s	treasury‘s	PROPN
ftr-322	27	7	rules	rule	NOUN
ftr-322	27	8	for	for	ADP
ftr-322	27	9	establishing	establish	VERB
ftr-322	27	10	the	the	DET
ftr-322	27	11	partners	partner	NOUN
ftr-322	27	12	‘	‘	PART
ftr-322	27	13	interests	interest	NOUN
ftr-322	27	14	in	in	ADP
ftr-322	27	15	the	the	DET
ftr-322	27	16	partnership	partnership	NOUN
ftr-322	27	17	when	when	SCONJ
ftr-322	27	18	an	an	DET
ftr-322	27	19	allocation	allocation	NOUN
ftr-322	27	20	fails	fail	VERB
ftr-322	27	21	the	the	DET
ftr-322	27	22	test	test	NOUN
ftr-322	27	23	for	for	ADP
ftr-322	27	24	substantiality	substantiality	NOUN
ftr-322	27	25	likely	likely	ADV
ftr-322	27	26	are	be	AUX
ftr-322	27	27	inconsistent	inconsistent	ADJ
ftr-322	27	28	with	with	ADP
ftr-322	27	29	section	section	NOUN
ftr-322	27	30	704(b	704(b	PROPN
ftr-322	27	31	)	)	PUNCT
ftr-322	27	32	of	of	ADP
ftr-322	27	33	the	the	DET
ftr-322	27	34	internal	internal	ADJ
ftr-322	27	35	revenue	revenue	NOUN
ftr-322	27	36	code	code	PROPN
ftr-322	27	37	.	.	PUNCT
ftr-322	28	1	i.	i.	PROPN
ftr-322	28	2	introduction	introduction	NOUN
ftr-322	28	3	.............................................................................	.............................................................................	PUNCT
ftr-322	28	4	350	350	NUM
ftr-322	28	5	ii	ii	NOUN
ftr-322	28	6	.	.	PUNCT
ftr-322	29	1	overview	overview	NOUN
ftr-322	29	2	....................................................................................	....................................................................................	PUNCT
ftr-322	30	1	358	358	NUM
ftr-322	30	2	iii	iii	NOUN
ftr-322	30	3	.	.	PUNCT
ftr-322	30	4	substantial	substantial	ADJ
ftr-322	30	5	economic	economic	ADJ
ftr-322	30	6	effect	effect	NOUN
ftr-322	30	7	..............................................	..............................................	PUNCT
ftr-322	30	8	360	360	NUM
ftr-322	30	9	a.	a.	NOUN
ftr-322	30	10	economic	economic	ADJ
ftr-322	30	11	effect	effect	NOUN
ftr-322	30	12	................................................................	................................................................	PUNCT
ftr-322	30	13	360	360	NUM
ftr-322	30	14	b.	b.	NOUN
ftr-322	30	15	substantiality	substantiality	NOUN
ftr-322	30	16	....................................................................	....................................................................	PUNCT
ftr-322	30	17	363	363	NUM
ftr-322	30	18	iv	iv	NOUN
ftr-322	30	19	.	.	PUNCT
ftr-322	30	20	special	special	ADJ
ftr-322	30	21	allocation	allocation	NOUN
ftr-322	30	22	economics	economic	NOUN
ftr-322	30	23	...........................................	...........................................	PUNCT
ftr-322	30	24	366	366	NUM
ftr-322	30	25	a.	a.	NOUN
ftr-322	30	26	depreciation	depreciation	NOUN
ftr-322	30	27	and	and	CCONJ
ftr-322	30	28	gain	gain	VERB
ftr-322	30	29	chargeback	chargeback	ADJ
ftr-322	30	30	example	example	NOUN
ftr-322	30	31	..................	..................	PUNCT
ftr-322	30	32	366	366	NUM
ftr-322	30	33	b.	b.	NOUN
ftr-322	30	34	taxable	taxable	ADJ
ftr-322	30	35	and	and	CCONJ
ftr-322	30	36	tax	tax	NOUN
ftr-322	30	37	-	-	PUNCT
ftr-322	30	38	exempt	exempt	ADJ
ftr-322	30	39	securities	security	NOUN
ftr-322	30	40	example	example	NOUN
ftr-322	30	41	...................	...................	PUNCT
ftr-322	31	1	377	377	NUM
ftr-322	31	2	v.	v.	ADP
ftr-322	31	3	possible	possible	ADJ
ftr-322	31	4	approaches	approach	NOUN
ftr-322	31	5	to	to	ADP
ftr-322	31	6	special	special	ADJ
ftr-322	31	7	allocations	allocation	NOUN
ftr-322	31	8	.................	.................	PUNCT
ftr-322	31	9	382	382	NUM
ftr-322	31	10	a.	a.	NOUN
ftr-322	31	11	partnership	partnership	NOUN
ftr-322	31	12	within	within	ADP
ftr-322	31	13	a	a	DET
ftr-322	31	14	partnership	partnership	NOUN
ftr-322	31	15	.....................................	.....................................	PUNCT
ftr-322	31	16	383	383	NUM
ftr-322	31	17	1	1	NUM
ftr-322	31	18	.	.	PUNCT
ftr-322	32	1	simple	simple	ADJ
ftr-322	32	2	disproportionate	disproportionate	ADJ
ftr-322	32	3	allocation	allocation	NOUN
ftr-322	32	4	...........................	...........................	PUNCT
ftr-322	32	5	383	383	NUM
ftr-322	32	6	2	2	NUM
ftr-322	32	7	.	.	PUNCT
ftr-322	32	8	disproportionate	disproportionate	ADJ
ftr-322	32	9	allocation	allocation	NOUN
ftr-322	32	10	coupled	couple	VERB
ftr-322	32	11	with	with	ADP
ftr-322	32	12	special	special	ADJ
ftr-322	32	13	allocation	allocation	NOUN
ftr-322	32	14	.......................................................	.......................................................	PUNCT
ftr-322	32	15	384	384	NUM
ftr-322	32	16	b.	b.	PROPN
ftr-322	32	17	permissible	permissible	ADJ
ftr-322	32	18	character	character	NOUN
ftr-322	32	19	assignments	assignment	NOUN
ftr-322	32	20	.................................	.................................	PUNCT
ftr-322	32	21	387	387	NUM
ftr-322	32	22	vi	vi	NOUN
ftr-322	32	23	.	.	PUNCT
ftr-322	32	24	conclusion	conclusion	NOUN
ftr-322	32	25	.................................................................................	.................................................................................	PUNCT
ftr-322	33	1	394	394	NUM
ftr-322	33	2	_	_	PUNCT
ftr-322	34	1	_	_	PUNCT
ftr-322	35	1	_	_	PUNCT
ftr-322	36	1	_	_	PUNCT
ftr-322	37	1	_	_	PUNCT
ftr-322	38	1	_	_	PUNCT
ftr-322	39	1	_	_	PUNCT
ftr-322	40	1	_	_	PUNCT
ftr-322	41	1	_	_	PUNCT
ftr-322	42	1	_	_	PUNCT
ftr-322	43	1	_	_	PUNCT
ftr-322	44	1	_	_	PUNCT
ftr-322	45	1	_	_	PUNCT
ftr-322	46	1	_	_	PUNCT
ftr-322	47	1	_	_	PUNCT
ftr-322	48	1	_	_	PUNCT
ftr-322	49	1	_	_	PUNCT
ftr-322	50	1	_	_	PUNCT
ftr-322	51	1	_	_	PUNCT
ftr-322	52	1	_	_	PUNCT
ftr-322	53	1	_	_	PUNCT
ftr-322	54	1	_	_	PUNCT
ftr-322	55	1	_	_	PUNCT
ftr-322	56	1	_	_	PUNCT
ftr-322	57	1	*	*	PUNCT
ftr-322	57	2	associate	associate	NOUN
ftr-322	57	3	professor	professor	NOUN
ftr-322	57	4	,	,	PUNCT
ftr-322	57	5	santa	santa	PROPN
ftr-322	57	6	clara	clara	PROPN
ftr-322	57	7	university	university	PROPN
ftr-322	57	8	law	law	NOUN
ftr-322	57	9	school	school	NOUN
ftr-322	57	10	.	.	PUNCT
ftr-322	58	1	thanks	thank	NOUN
ftr-322	58	2	to	to	ADP
ftr-322	58	3	gregory	gregory	PROPN
ftr-322	58	4	broome	broome	PROPN
ftr-322	58	5	,	,	PUNCT
ftr-322	58	6	terence	terence	PROPN
ftr-322	58	7	cuff	cuff	PROPN
ftr-322	58	8	,	,	PUNCT
ftr-322	58	9	heather	heather	NOUN
ftr-322	58	10	field	field	NOUN
ftr-322	58	11	,	,	PUNCT
ftr-322	58	12	mark	mark	PROPN
ftr-322	58	13	gergen	gergen	PROPN
ftr-322	58	14	,	,	PUNCT
ftr-322	58	15	martin	martin	PROPN
ftr-322	58	16	mcmahon	mcmahon	PROPN
ftr-322	58	17	,	,	PUNCT
ftr-322	58	18	george	george	PROPN
ftr-322	58	19	wolf	wolf	PROPN
ftr-322	58	20	,	,	PUNCT
ftr-322	58	21	participants	participant	NOUN
ftr-322	58	22	at	at	ADP
ftr-322	58	23	the	the	DET
ftr-322	58	24	northern	northern	PROPN
ftr-322	58	25	california	california	PROPN
ftr-322	58	26	tax	tax	NOUN
ftr-322	58	27	roundtable	roundtable	NOUN
ftr-322	58	28	,	,	PUNCT
ftr-322	58	29	and	and	CCONJ
ftr-322	58	30	the	the	DET
ftr-322	58	31	editors	editor	NOUN
ftr-322	58	32	of	of	ADP
ftr-322	58	33	the	the	DET
ftr-322	58	34	florida	florida	PROPN
ftr-322	58	35	tax	tax	PROPN
ftr-322	58	36	review	review	NOUN
ftr-322	58	37	.	.	PUNCT
ftr-322	59	1	i	i	PRON
ftr-322	59	2	remain	remain	VERB
ftr-322	59	3	solely	solely	ADV
ftr-322	59	4	responsible	responsible	ADJ
ftr-322	59	5	for	for	ADP
ftr-322	59	6	any	any	DET
ftr-322	59	7	errors	error	NOUN
ftr-322	59	8	.	.	PUNCT
ftr-322	60	1	350	350	NUM
ftr-322	60	2	florida	florida	PROPN
ftr-322	60	3	tax	tax	NOUN
ftr-322	60	4	review	review	NOUN
ftr-322	60	5	[	[	X
ftr-322	60	6	vol	vol	NOUN
ftr-322	60	7	.	.	PUNCT
ftr-322	61	1	13:7	13:7	PROPN
ftr-322	61	2	i.	i.	PROPN
ftr-322	61	3	introduction	introduction	NOUN
ftr-322	61	4	subchapter	subchapter	NOUN
ftr-322	61	5	k	k	PROPN
ftr-322	61	6	1	1	NUM
ftr-322	61	7	of	of	ADP
ftr-322	61	8	chapter	chapter	NOUN
ftr-322	61	9	1	1	NUM
ftr-322	61	10	of	of	ADP
ftr-322	61	11	the	the	DET
ftr-322	61	12	internal	internal	PROPN
ftr-322	61	13	revenue	revenue	NOUN
ftr-322	61	14	code	code	NOUN
ftr-322	61	15	governs	govern	VERB
ftr-322	61	16	the	the	DET
ftr-322	61	17	tax	tax	NOUN
ftr-322	61	18	treatment	treatment	NOUN
ftr-322	61	19	of	of	ADP
ftr-322	61	20	partnerships	partnership	NOUN
ftr-322	61	21	.	.	PUNCT
ftr-322	62	1	very	very	ADV
ftr-322	62	2	generally	generally	ADV
ftr-322	62	3	,	,	PUNCT
ftr-322	62	4	it	it	PRON
ftr-322	62	5	establishes	establish	VERB
ftr-322	62	6	a	a	DET
ftr-322	62	7	―pass	―pass	ADJ
ftr-322	62	8	-	-	PUNCT
ftr-322	62	9	through‖	through‖	NOUN
ftr-322	62	10	regime	regime	NOUN
ftr-322	62	11	:	:	PUNCT
ftr-322	62	12	partnerships	partnership	NOUN
ftr-322	62	13	themselves	themselves	PRON
ftr-322	62	14	are	be	AUX
ftr-322	62	15	not	not	PART
ftr-322	62	16	subject	subject	ADJ
ftr-322	62	17	to	to	ADP
ftr-322	62	18	income	income	NOUN
ftr-322	62	19	tax	tax	NOUN
ftr-322	62	20	but	but	CCONJ
ftr-322	62	21	rather	rather	ADV
ftr-322	62	22	function	function	VERB
ftr-322	62	23	largely	largely	ADV
ftr-322	62	24	as	as	ADP
ftr-322	62	25	accounting	accounting	NOUN
ftr-322	62	26	entities	entity	NOUN
ftr-322	62	27	that	that	PRON
ftr-322	62	28	allocate	allocate	VERB
ftr-322	62	29	the	the	DET
ftr-322	62	30	partnership‘s	partnership‘s	PROPN
ftr-322	62	31	items	item	NOUN
ftr-322	62	32	of	of	ADP
ftr-322	62	33	income	income	NOUN
ftr-322	62	34	,	,	PUNCT
ftr-322	62	35	gain	gain	NOUN
ftr-322	62	36	,	,	PUNCT
ftr-322	62	37	loss	loss	NOUN
ftr-322	62	38	,	,	PUNCT
ftr-322	62	39	and	and	CCONJ
ftr-322	62	40	deduction	deduction	NOUN
ftr-322	62	41	among	among	ADP
ftr-322	62	42	the	the	DET
ftr-322	62	43	partners	partner	NOUN
ftr-322	62	44	,	,	PUNCT
ftr-322	62	45	who	who	PRON
ftr-322	62	46	are	be	AUX
ftr-322	62	47	subject	subject	ADJ
ftr-322	62	48	to	to	ADP
ftr-322	62	49	tax	tax	NOUN
ftr-322	62	50	on	on	ADP
ftr-322	62	51	the	the	DET
ftr-322	62	52	items	item	NOUN
ftr-322	62	53	so	so	ADV
ftr-322	62	54	allocated	allocate	VERB
ftr-322	62	55	.	.	PUNCT
ftr-322	63	1	2	2	NUM
ftr-322	63	2	the	the	DET
ftr-322	63	3	allocation	allocation	NOUN
ftr-322	63	4	rules	rule	NOUN
ftr-322	63	5	are	be	AUX
ftr-322	63	6	complex	complex	ADJ
ftr-322	63	7	,	,	PUNCT
ftr-322	63	8	burdensome	burdensome	ADJ
ftr-322	63	9	,	,	PUNCT
ftr-322	63	10	and	and	CCONJ
ftr-322	63	11	prone	prone	ADJ
ftr-322	63	12	to	to	ADP
ftr-322	63	13	abuse	abuse	NOUN
ftr-322	63	14	.	.	PUNCT
ftr-322	64	1	3	3	NUM
ftr-322	65	1	perhaps	perhaps	ADV
ftr-322	65	2	nowhere	nowhere	ADV
ftr-322	65	3	are	be	AUX
ftr-322	65	4	the	the	DET
ftr-322	65	5	unattractive	unattractive	ADJ
ftr-322	65	6	features	feature	NOUN
ftr-322	65	7	of	of	ADP
ftr-322	65	8	subchapter	subchapter	NOUN
ftr-322	65	9	k	k	ADV
ftr-322	65	10	more	more	ADV
ftr-322	65	11	clearly	clearly	ADV
ftr-322	65	12	on	on	ADP
ftr-322	65	13	display	display	NOUN
ftr-322	65	14	than	than	ADP
ftr-322	65	15	in	in	ADP
ftr-322	65	16	the	the	DET
ftr-322	65	17	area	area	NOUN
ftr-322	65	18	of	of	ADP
ftr-322	65	19	so	so	ADV
ftr-322	65	20	-	-	PUNCT
ftr-322	65	21	called	call	VERB
ftr-322	65	22	special	special	ADJ
ftr-322	65	23	allocations	allocation	NOUN
ftr-322	65	24	—	—	PUNCT
ftr-322	65	25	allocations	allocation	NOUN
ftr-322	65	26	of	of	ADP
ftr-322	65	27	specific	specific	ADJ
ftr-322	65	28	items	item	NOUN
ftr-322	65	29	of	of	ADP
ftr-322	65	30	partnership	partnership	NOUN
ftr-322	65	31	income	income	NOUN
ftr-322	65	32	,	,	PUNCT
ftr-322	65	33	gain	gain	NOUN
ftr-322	65	34	,	,	PUNCT
ftr-322	65	35	loss	loss	NOUN
ftr-322	65	36	,	,	PUNCT
ftr-322	65	37	and	and	CCONJ
ftr-322	65	38	deduction	deduction	NOUN
ftr-322	65	39	(	(	PUNCT
ftr-322	65	40	―igld‖	―igld‖	PROPN
ftr-322	65	41	)	)	PUNCT
ftr-322	65	42	that	that	PRON
ftr-322	65	43	do	do	AUX
ftr-322	65	44	not	not	PART
ftr-322	65	45	generally	generally	ADV
ftr-322	65	46	track	track	VERB
ftr-322	65	47	one	one	NUM
ftr-322	65	48	or	or	CCONJ
ftr-322	65	49	more	more	ADJ
ftr-322	65	50	partners	partner	NOUN
ftr-322	65	51	‘	'	PUNCT
ftr-322	65	52	overall	overall	ADJ
ftr-322	65	53	interest	interest	NOUN
ftr-322	65	54	in	in	ADP
ftr-322	65	55	the	the	DET
ftr-322	65	56	partnership	partnership	NOUN
ftr-322	65	57	.	.	PUNCT
ftr-322	66	1	4	4	NUM
ftr-322	66	2	under	under	ADP
ftr-322	66	3	section	section	NOUN
ftr-322	66	4	704(b	704(b	PROPN
ftr-322	66	5	)	)	PUNCT
ftr-322	66	6	and	and	CCONJ
ftr-322	66	7	treasury	treasury	PROPN
ftr-322	66	8	regulations	regulation	NOUN
ftr-322	66	9	interpreting	interpret	VERB
ftr-322	66	10	that	that	DET
ftr-322	66	11	provision	provision	NOUN
ftr-322	66	12	,	,	PUNCT
ftr-322	66	13	special	special	ADJ
ftr-322	66	14	allocations	allocation	NOUN
ftr-322	66	15	will	will	AUX
ftr-322	66	16	be	be	AUX
ftr-322	66	17	respected	respect	VERB
ftr-322	66	18	for	for	ADP
ftr-322	66	19	tax	tax	NOUN
ftr-322	66	20	purposes	purpose	NOUN
ftr-322	66	21	if	if	SCONJ
ftr-322	66	22	they	they	PRON
ftr-322	66	23	either	either	CCONJ
ftr-322	66	24	satisfy	satisfy	VERB
ftr-322	66	25	a	a	DET
ftr-322	66	26	detailed	detailed	ADJ
ftr-322	66	27	test	test	NOUN
ftr-322	66	28	for	for	ADP
ftr-322	66	29	―substantial	―substantial	ADJ
ftr-322	66	30	economic	economic	ADJ
ftr-322	66	31	effect‖	effect‖	PROPN
ftr-322	66	32	or	or	CCONJ
ftr-322	66	33	are	be	AUX
ftr-322	66	34	deemed	deem	VERB
ftr-322	66	35	to	to	PART
ftr-322	66	36	be	be	AUX
ftr-322	66	37	in	in	ADP
ftr-322	66	38	accordance	accordance	NOUN
ftr-322	66	39	with	with	ADP
ftr-322	66	40	the	the	DET
ftr-322	66	41	partners	partner	NOUN
ftr-322	66	42	‘	‘	PART
ftr-322	66	43	interests	interest	NOUN
ftr-322	66	44	in	in	ADP
ftr-322	66	45	the	the	DET
ftr-322	66	46	partnership	partnership	NOUN
ftr-322	66	47	.	.	PUNCT
ftr-322	67	1	5	5	NUM
ftr-322	67	2	one	one	NUM
ftr-322	67	3	of	of	ADP
ftr-322	67	4	the	the	DET
ftr-322	67	5	difficulties	difficulty	NOUN
ftr-322	67	6	with	with	ADP
ftr-322	67	7	the	the	DET
ftr-322	67	8	special	special	ADJ
ftr-322	67	9	allocation	allocation	NOUN
ftr-322	67	10	rules	rule	NOUN
ftr-322	67	11	is	be	AUX
ftr-322	67	12	that	that	SCONJ
ftr-322	67	13	they	they	PRON
ftr-322	67	14	are	be	AUX
ftr-322	67	15	quite	quite	ADV
ftr-322	67	16	complex	complex	ADJ
ftr-322	67	17	.	.	PUNCT
ftr-322	68	1	another	another	PRON
ftr-322	68	2	is	be	AUX
ftr-322	68	3	that	that	SCONJ
ftr-322	68	4	,	,	PUNCT
ftr-322	68	5	despite	despite	SCONJ
ftr-322	68	6	their	their	PRON
ftr-322	68	7	complexity	complexity	NOUN
ftr-322	68	8	,	,	PUNCT
ftr-322	68	9	they	they	PRON
ftr-322	68	10	are	be	AUX
ftr-322	68	11	manifestly	manifestly	ADV
ftr-322	68	12	inadequate	inadequate	ADJ
ftr-322	68	13	to	to	ADP
ftr-322	68	14	the	the	DET
ftr-322	68	15	task	task	NOUN
ftr-322	68	16	:	:	PUNCT
ftr-322	68	17	they	they	PRON
ftr-322	68	18	permit	permit	VERB
ftr-322	68	19	assignments	assignment	NOUN
ftr-322	68	20	of	of	ADP
ftr-322	68	21	partnership	partnership	NOUN
ftr-322	68	22	items	item	NOUN
ftr-322	68	23	that	that	PRON
ftr-322	68	24	,	,	PUNCT
ftr-322	68	25	in	in	ADP
ftr-322	68	26	other	other	ADJ
ftr-322	68	27	contexts	contexts	NOUN
ftr-322	68	28	,	,	PUNCT
ftr-322	68	29	including	include	VERB
ftr-322	68	30	in	in	ADP
ftr-322	68	31	subchapter	subchapter	NOUN
ftr-322	68	32	k	k	PROPN
ftr-322	68	33	itself	itself	PRON
ftr-322	68	34	,	,	PUNCT
ftr-322	68	35	both	both	CCONJ
ftr-322	68	36	congress	congress	PROPN
ftr-322	68	37	and	and	CCONJ
ftr-322	68	38	the	the	DET
ftr-322	68	39	courts	court	NOUN
ftr-322	68	40	have	have	AUX
ftr-322	68	41	found	find	VERB
ftr-322	68	42	inconsistent	inconsistent	ADJ
ftr-322	68	43	with	with	ADP
ftr-322	68	44	basic	basic	ADJ
ftr-322	68	45	principles	principle	NOUN
ftr-322	68	46	of	of	ADP
ftr-322	68	47	income	income	NOUN
ftr-322	68	48	taxation	taxation	NOUN
ftr-322	68	49	and	and	CCONJ
ftr-322	68	50	have	have	AUX
ftr-322	68	51	disallowed	disallow	VERB
ftr-322	68	52	.	.	PUNCT
ftr-322	69	1	6	6	NUM
ftr-322	69	2	unfortunately	unfortunately	ADV
ftr-322	69	3	,	,	PUNCT
ftr-322	69	4	it	it	PRON
ftr-322	69	5	is	be	AUX
ftr-322	69	6	not	not	PART
ftr-322	69	7	readily	readily	ADV
ftr-322	69	8	apparent	apparent	ADJ
ftr-322	69	9	how	how	SCONJ
ftr-322	69	10	treasury‘s	treasury‘s	ADJ
ftr-322	69	11	rules	rule	NOUN
ftr-322	69	12	on	on	ADP
ftr-322	69	13	special	special	ADJ
ftr-322	69	14	allocations	allocation	NOUN
ftr-322	69	15	could	could	AUX
ftr-322	69	16	be	be	AUX
ftr-322	69	17	made	make	VERB
ftr-322	69	18	more	more	ADV
ftr-322	69	19	effective	effective	ADJ
ftr-322	69	20	within	within	ADP
ftr-322	69	21	the	the	DET
ftr-322	69	22	existing	exist	VERB
ftr-322	69	23	framework	framework	NOUN
ftr-322	69	24	of	of	ADP
ftr-322	69	25	subchapter	subchapter	NOUN
ftr-322	69	26	k.	k.	PROPN
ftr-322	69	27	in	in	ADP
ftr-322	69	28	enacting	enact	VERB
ftr-322	69	29	the	the	DET
ftr-322	69	30	current	current	ADJ
ftr-322	69	31	version	version	NOUN
ftr-322	69	32	of	of	ADP
ftr-322	69	33	section	section	NOUN
ftr-322	69	34	704(b	704(b	PROPN
ftr-322	69	35	)	)	PUNCT
ftr-322	69	36	,	,	PUNCT
ftr-322	69	37	in	in	ADP
ftr-322	69	38	1976	1976	NUM
ftr-322	69	39	,	,	PUNCT
ftr-322	69	40	congress	congress	PROPN
ftr-322	69	41	seems	seem	VERB
ftr-322	69	42	to	to	PART
ftr-322	69	43	have	have	AUX
ftr-322	69	44	had	have	VERB
ftr-322	69	45	in	in	ADP
ftr-322	69	46	mind	mind	NOUN
ftr-322	69	47	that	that	SCONJ
ftr-322	69	48	income	income	NOUN
ftr-322	69	49	assignments	assignment	NOUN
ftr-322	69	50	among	among	ADP
ftr-322	69	51	partners	partner	NOUN
ftr-322	69	52	should	should	AUX
ftr-322	69	53	be	be	AUX
ftr-322	69	54	permissible	permissible	ADJ
ftr-322	69	55	as	as	ADV
ftr-322	69	56	long	long	ADV
ftr-322	69	57	as	as	SCONJ
ftr-322	69	58	they	they	PRON
ftr-322	69	59	are	be	AUX
ftr-322	69	60	not	not	PART
ftr-322	69	61	,	,	PUNCT
ftr-322	69	62	or	or	CCONJ
ftr-322	69	63	are	be	AUX
ftr-322	69	64	not	not	PART
ftr-322	69	65	unduly	unduly	ADJ
ftr-322	69	66	,	,	PUNCT
ftr-322	69	67	tax	tax	NOUN
ftr-322	69	68	-	-	PUNCT
ftr-322	69	69	motivated	motivated	ADJ
ftr-322	69	70	.	.	PUNCT
ftr-322	70	1	7	7	NUM
ftr-322	71	1	since	since	SCONJ
ftr-322	71	2	that	that	DET
ftr-322	71	3	time	time	NOUN
ftr-322	71	4	,	,	PUNCT
ftr-322	71	5	both	both	CCONJ
ftr-322	71	6	the	the	DET
ftr-322	71	7	opportunities	opportunity	NOUN
ftr-322	71	8	for	for	ADP
ftr-322	71	9	1	1	NUM
ftr-322	71	10	.	.	PUNCT
ftr-322	71	11	i.r.c	i.r.c	NOUN
ftr-322	71	12	.	.	PUNCT
ftr-322	72	1	§	§	PROPN
ftr-322	72	2	§	§	PROPN
ftr-322	72	3	701–777	701–777	NUM
ftr-322	72	4	.	.	PUNCT
ftr-322	73	1	2	2	NUM
ftr-322	73	2	.	.	X
ftr-322	73	3	i.r.c	i.r.c	NOUN
ftr-322	73	4	.	.	PUNCT
ftr-322	74	1	§	§	PROPN
ftr-322	74	2	§	§	PROPN
ftr-322	74	3	701	701	NUM
ftr-322	74	4	,	,	PUNCT
ftr-322	74	5	702	702	NUM
ftr-322	74	6	.	.	NOUN
ftr-322	74	7	3	3	X
ftr-322	74	8	.	.	X
ftr-322	74	9	see	see	VERB
ftr-322	74	10	,	,	PUNCT
ftr-322	74	11	e.g.	e.g.	ADV
ftr-322	74	12	,	,	PUNCT
ftr-322	74	13	george	george	PROPN
ftr-322	74	14	k.	k.	PROPN
ftr-322	74	15	yin	yin	PROPN
ftr-322	74	16	,	,	PUNCT
ftr-322	74	17	the	the	DET
ftr-322	74	18	future	future	ADJ
ftr-322	74	19	taxation	taxation	NOUN
ftr-322	74	20	of	of	ADP
ftr-322	74	21	private	private	ADJ
ftr-322	74	22	business	business	NOUN
ftr-322	74	23	firms	firm	NOUN
ftr-322	74	24	,	,	PUNCT
ftr-322	74	25	4	4	NUM
ftr-322	74	26	fla	fla	NOUN
ftr-322	74	27	.	.	PUNCT
ftr-322	75	1	tax	tax	PROPN
ftr-322	75	2	rev	rev	PROPN
ftr-322	75	3	.	.	PROPN
ftr-322	75	4	141	141	NUM
ftr-322	75	5	(	(	PUNCT
ftr-322	75	6	1999	1999	NUM
ftr-322	75	7	)	)	PUNCT
ftr-322	76	1	[	[	X
ftr-322	76	2	hereinafter	hereinafter	NOUN
ftr-322	76	3	yin	yin	NOUN
ftr-322	76	4	,	,	PUNCT
ftr-322	76	5	future	future	ADJ
ftr-322	76	6	taxation	taxation	NOUN
ftr-322	76	7	]	]	PUNCT
ftr-322	76	8	(	(	PUNCT
ftr-322	76	9	one	one	NUM
ftr-322	76	10	among	among	ADP
ftr-322	76	11	many	many	ADJ
ftr-322	76	12	commentators	commentator	NOUN
ftr-322	76	13	noting	note	VERB
ftr-322	76	14	these	these	DET
ftr-322	76	15	features	feature	NOUN
ftr-322	76	16	of	of	ADP
ftr-322	76	17	subchapter	subchapter	NOUN
ftr-322	76	18	k	k	PROPN
ftr-322	76	19	)	)	PUNCT
ftr-322	76	20	.	.	PUNCT
ftr-322	77	1	4	4	X
ftr-322	77	2	.	.	X
ftr-322	77	3	i.r.c	i.r.c	NOUN
ftr-322	77	4	.	.	PUNCT
ftr-322	78	1	§	§	PROPN
ftr-322	78	2	704(b	704(b	PROPN
ftr-322	78	3	)	)	PUNCT
ftr-322	78	4	;	;	PUNCT
ftr-322	79	1	reg	reg	NOUN
ftr-322	79	2	.	.	PUNCT
ftr-322	80	1	§	§	PROPN
ftr-322	80	2	1.704	1.704	NUM
ftr-322	80	3	-	-	SYM
ftr-322	80	4	1	1	NUM
ftr-322	80	5	.	.	NOUN
ftr-322	80	6	5	5	NUM
ftr-322	80	7	.	.	X
ftr-322	80	8	reg	reg	NOUN
ftr-322	80	9	.	.	PUNCT
ftr-322	81	1	§	§	PROPN
ftr-322	81	2	1.704	1.704	NUM
ftr-322	81	3	-	-	SYM
ftr-322	81	4	1	1	NUM
ftr-322	81	5	.	.	NOUN
ftr-322	81	6	6	6	NUM
ftr-322	81	7	.	.	X
ftr-322	82	1	see	see	VERB
ftr-322	82	2	,	,	PUNCT
ftr-322	82	3	e.g.	e.g.	ADV
ftr-322	82	4	,	,	PUNCT
ftr-322	82	5	i.r.c	i.r.c	NOUN
ftr-322	82	6	.	.	PUNCT
ftr-322	83	1	§	§	PROPN
ftr-322	83	2	§	§	PROPN
ftr-322	83	3	724	724	NUM
ftr-322	83	4	(	(	PUNCT
ftr-322	83	5	character	character	NOUN
ftr-322	83	6	of	of	ADP
ftr-322	83	7	ordinary	ordinary	ADJ
ftr-322	83	8	income	income	NOUN
ftr-322	83	9	items	item	NOUN
ftr-322	83	10	contributed	contribute	VERB
ftr-322	83	11	to	to	ADP
ftr-322	83	12	partnership	partnership	NOUN
ftr-322	83	13	is	be	AUX
ftr-322	83	14	retained	retain	VERB
ftr-322	83	15	)	)	PUNCT
ftr-322	83	16	,	,	PUNCT
ftr-322	83	17	751	751	NUM
ftr-322	83	18	(	(	PUNCT
ftr-322	83	19	ratable	ratable	ADJ
ftr-322	83	20	allocation	allocation	NOUN
ftr-322	83	21	of	of	ADP
ftr-322	83	22	ordinary	ordinary	ADJ
ftr-322	83	23	and	and	CCONJ
ftr-322	83	24	capital	capital	NOUN
ftr-322	83	25	items	item	NOUN
ftr-322	83	26	of	of	ADP
ftr-322	83	27	partnership	partnership	NOUN
ftr-322	83	28	income	income	NOUN
ftr-322	83	29	and	and	CCONJ
ftr-322	83	30	loss	loss	NOUN
ftr-322	83	31	on	on	ADP
ftr-322	83	32	disposition	disposition	NOUN
ftr-322	83	33	or	or	CCONJ
ftr-322	83	34	redemption	redemption	NOUN
ftr-322	83	35	of	of	ADP
ftr-322	83	36	a	a	DET
ftr-322	83	37	partnership	partnership	NOUN
ftr-322	83	38	interest	interest	NOUN
ftr-322	83	39	)	)	PUNCT
ftr-322	83	40	.	.	PUNCT
ftr-322	84	1	7	7	X
ftr-322	84	2	.	.	X
ftr-322	84	3	s.rep	s.rep	NOUN
ftr-322	84	4	.	.	PUNCT
ftr-322	85	1	no	no	INTJ
ftr-322	85	2	.	.	NOUN
ftr-322	86	1	94	94	NUM
ftr-322	86	2	-	-	SYM
ftr-322	86	3	938	938	NUM
ftr-322	86	4	,	,	PUNCT
ftr-322	86	5	pt	pt	X
ftr-322	86	6	.	.	PROPN
ftr-322	86	7	1	1	NUM
ftr-322	86	8	,	,	PUNCT
ftr-322	86	9	at	at	ADP
ftr-322	86	10	100	100	NUM
ftr-322	86	11	(	(	PUNCT
ftr-322	86	12	1976	1976	NUM
ftr-322	86	13	)	)	PUNCT
ftr-322	86	14	,	,	PUNCT
ftr-322	86	15	reprinted	reprint	VERB
ftr-322	86	16	in	in	ADP
ftr-322	86	17	1976	1976	NUM
ftr-322	86	18	u.s.c.c.a.n	u.s.c.c.a.n	PROPN
ftr-322	86	19	.	.	PUNCT
ftr-322	86	20	3438	3438	NUM
ftr-322	86	21	,	,	PUNCT
ftr-322	86	22	3536	3536	NUM
ftr-322	86	23	(	(	PUNCT
ftr-322	86	24	―the	―the	DET
ftr-322	86	25	committee	committee	NOUN
ftr-322	86	26	amendment	amendment	NOUN
ftr-322	86	27	provides	provide	VERB
ftr-322	86	28	generally	generally	ADV
ftr-322	86	29	that	that	SCONJ
ftr-322	86	30	an	an	DET
ftr-322	86	31	allocation	allocation	NOUN
ftr-322	86	32	of	of	ADP
ftr-322	86	33	overall	overall	ADJ
ftr-322	86	34	income	income	NOUN
ftr-322	86	35	or	or	CCONJ
ftr-322	86	36	loss	loss	NOUN
ftr-322	86	37	(	(	PUNCT
ftr-322	86	38	described	describe	VERB
ftr-322	86	39	under	under	ADP
ftr-322	86	40	section	section	NOUN
ftr-322	86	41	702(a)(9	702(a)(9	PROPN
ftr-322	86	42	)	)	PUNCT
ftr-322	87	1	[	[	X
ftr-322	87	2	now	now	ADV
ftr-322	87	3	section	section	NOUN
ftr-322	87	4	702(a)(8	702(a)(8	PROPN
ftr-322	87	5	)	)	PUNCT
ftr-322	87	6	]	]	PUNCT
ftr-322	87	7	)	)	PUNCT
ftr-322	87	8	,	,	PUNCT
ftr-322	87	9	or	or	CCONJ
ftr-322	87	10	of	of	ADP
ftr-322	87	11	any	any	DET
ftr-322	87	12	item	item	NOUN
ftr-322	87	13	of	of	ADP
ftr-322	87	14	income	income	NOUN
ftr-322	87	15	,	,	PUNCT
ftr-322	87	16	gain	gain	NOUN
ftr-322	87	17	,	,	PUNCT
ftr-322	87	18	loss	loss	NOUN
ftr-322	87	19	,	,	PUNCT
ftr-322	87	20	deduction	deduction	NOUN
ftr-322	87	21	,	,	PUNCT
ftr-322	87	22	or	or	CCONJ
ftr-322	87	23	credit	credit	NOUN
ftr-322	87	24	(	(	PUNCT
ftr-322	87	25	described	describe	VERB
ftr-322	87	26	under	under	ADP
ftr-322	87	27	section	section	NOUN
ftr-322	87	28	702(a)(1)-(8	702(a)(1)-(8	NUM
ftr-322	87	29	)	)	PUNCT
ftr-322	88	1	[	[	X
ftr-322	88	2	now	now	ADV
ftr-322	88	3	section	section	NOUN
ftr-322	88	4	702(a)(1)-(7	702(a)(1)-(7	NOUN
ftr-322	88	5	)	)	PUNCT
ftr-322	88	6	]	]	PUNCT
ftr-322	88	7	)	)	PUNCT
ftr-322	88	8	,	,	PUNCT
ftr-322	88	9	shall	shall	AUX
ftr-322	88	10	be	be	AUX
ftr-322	88	11	controlled	control	VERB
ftr-322	88	12	by	by	ADP
ftr-322	88	13	the	the	DET
ftr-322	88	14	partnership	partnership	NOUN
ftr-322	88	15	2012	2012	NUM
ftr-322	88	16	]	]	PUNCT
ftr-322	88	17	special	special	ADJ
ftr-322	88	18	allocations	allocation	NOUN
ftr-322	88	19	revisited	revisit	VERB
ftr-322	88	20	351	351	NUM
ftr-322	88	21	abuse	abuse	NOUN
ftr-322	88	22	that	that	SCONJ
ftr-322	88	23	section	section	NOUN
ftr-322	88	24	704(b	704(b	PROPN
ftr-322	88	25	)	)	PUNCT
ftr-322	88	26	makes	make	VERB
ftr-322	88	27	available	available	ADJ
ftr-322	88	28	and	and	CCONJ
ftr-322	88	29	the	the	DET
ftr-322	88	30	inadequacies	inadequacy	NOUN
ftr-322	88	31	of	of	ADP
ftr-322	88	32	the	the	DET
ftr-322	88	33	treasury	treasury	PROPN
ftr-322	88	34	regulations	regulation	NOUN
ftr-322	88	35	to	to	ADP
ftr-322	88	36	police	police	NOUN
ftr-322	88	37	abuse	abuse	NOUN
ftr-322	88	38	have	have	AUX
ftr-322	88	39	become	become	VERB
ftr-322	88	40	more	more	ADV
ftr-322	88	41	apparent	apparent	ADJ
ftr-322	88	42	.	.	PUNCT
ftr-322	89	1	8	8	NUM
ftr-322	89	2	in	in	ADP
ftr-322	89	3	consequence	consequence	NOUN
ftr-322	89	4	,	,	PUNCT
ftr-322	89	5	many	many	ADJ
ftr-322	89	6	commentators	commentator	NOUN
ftr-322	89	7	have	have	AUX
ftr-322	89	8	suggested	suggest	VERB
ftr-322	89	9	various	various	ADJ
ftr-322	89	10	types	type	NOUN
ftr-322	89	11	of	of	ADP
ftr-322	89	12	simplifying	simplify	VERB
ftr-322	89	13	reform	reform	NOUN
ftr-322	89	14	,	,	PUNCT
ftr-322	89	15	9	9	NUM
ftr-322	89	16	most	most	ADJ
ftr-322	89	17	of	of	ADP
ftr-322	89	18	which	which	PRON
ftr-322	89	19	involve	involve	VERB
ftr-322	89	20	far	far	ADV
ftr-322	89	21	-	-	PUNCT
ftr-322	89	22	reaching	reach	VERB
ftr-322	89	23	changes	change	NOUN
ftr-322	89	24	to	to	PART
ftr-322	89	25	subchapter	subchapter	VERB
ftr-322	89	26	k	k	NOUN
ftr-322	89	27	or	or	CCONJ
ftr-322	89	28	even	even	ADV
ftr-322	89	29	beyond	beyond	ADP
ftr-322	89	30	.	.	PUNCT
ftr-322	90	1	george	george	PROPN
ftr-322	90	2	yin	yin	PROPN
ftr-322	90	3	,	,	PUNCT
ftr-322	90	4	for	for	ADP
ftr-322	90	5	example	example	NOUN
ftr-322	90	6	,	,	PUNCT
ftr-322	90	7	has	have	AUX
ftr-322	90	8	suggested	suggest	VERB
ftr-322	90	9	a	a	DET
ftr-322	90	10	fundamental	fundamental	ADJ
ftr-322	90	11	revamping	revamping	NOUN
ftr-322	90	12	of	of	ADP
ftr-322	90	13	the	the	DET
ftr-322	90	14	business	business	NOUN
ftr-322	90	15	tax	tax	NOUN
ftr-322	90	16	rules	rule	NOUN
ftr-322	90	17	that	that	PRON
ftr-322	90	18	would	would	AUX
ftr-322	90	19	put	put	VERB
ftr-322	90	20	all	all	DET
ftr-322	90	21	business	business	NOUN
ftr-322	90	22	entities	entity	NOUN
ftr-322	90	23	onto	onto	ADP
ftr-322	90	24	one	one	NUM
ftr-322	90	25	of	of	ADP
ftr-322	90	26	two	two	NUM
ftr-322	90	27	tracks	track	NOUN
ftr-322	90	28	,	,	PUNCT
ftr-322	90	29	depending	depend	VERB
ftr-322	90	30	upon	upon	SCONJ
ftr-322	90	31	the	the	DET
ftr-322	90	32	entities	entity	NOUN
ftr-322	90	33	‘	'	PUNCT
ftr-322	90	34	sophistication	sophistication	NOUN
ftr-322	90	35	,	,	PUNCT
ftr-322	90	36	the	the	DET
ftr-322	90	37	type	type	NOUN
ftr-322	90	38	of	of	ADP
ftr-322	90	39	owners	owner	NOUN
ftr-322	90	40	involved	involve	VERB
ftr-322	90	41	,	,	PUNCT
ftr-322	90	42	and	and	CCONJ
ftr-322	90	43	other	other	ADJ
ftr-322	90	44	factors	factor	NOUN
ftr-322	90	45	.	.	PUNCT
ftr-322	91	1	10	10	NUM
ftr-322	91	2	mark	mark	NOUN
ftr-322	91	3	gergen	gergen	PROPN
ftr-322	91	4	has	have	AUX
ftr-322	91	5	suggested	suggest	VERB
ftr-322	91	6	somewhat	somewhat	ADV
ftr-322	91	7	less	less	ADV
ftr-322	91	8	sweepingly	sweepingly	ADV
ftr-322	91	9	that	that	SCONJ
ftr-322	91	10	special	special	ADJ
ftr-322	91	11	allocations	allocation	NOUN
ftr-322	91	12	be	be	AUX
ftr-322	91	13	disallowed	disallow	VERB
ftr-322	91	14	;	;	PUNCT
ftr-322	91	15	the	the	DET
ftr-322	91	16	recommendation	recommendation	NOUN
ftr-322	91	17	is	be	AUX
ftr-322	91	18	part	part	NOUN
ftr-322	91	19	of	of	ADP
ftr-322	91	20	a	a	DET
ftr-322	91	21	larger	large	ADJ
ftr-322	91	22	package	package	NOUN
ftr-322	91	23	of	of	ADP
ftr-322	91	24	proposed	propose	VERB
ftr-322	91	25	reforms	reform	NOUN
ftr-322	91	26	gergen	gergen	ADV
ftr-322	91	27	has	have	AUX
ftr-322	91	28	suggested	suggest	VERB
ftr-322	91	29	to	to	PART
ftr-322	91	30	subchapter	subchapter	VERB
ftr-322	91	31	k.	k.	PROPN
ftr-322	91	32	11	11	NUM
ftr-322	91	33	this	this	DET
ftr-322	91	34	article	article	NOUN
ftr-322	91	35	joins	join	VERB
ftr-322	91	36	the	the	DET
ftr-322	91	37	chorus	chorus	NOUN
ftr-322	91	38	of	of	ADP
ftr-322	91	39	those	those	PRON
ftr-322	91	40	who	who	PRON
ftr-322	91	41	have	have	AUX
ftr-322	91	42	argued	argue	VERB
ftr-322	91	43	that	that	SCONJ
ftr-322	91	44	special	special	ADJ
ftr-322	91	45	allocations	allocation	NOUN
ftr-322	91	46	generally	generally	ADV
ftr-322	91	47	should	should	AUX
ftr-322	91	48	be	be	AUX
ftr-322	91	49	disallowed	disallow	VERB
ftr-322	91	50	.	.	PUNCT
ftr-322	92	1	as	as	SCONJ
ftr-322	92	2	i	i	PRON
ftr-322	92	3	develop	develop	VERB
ftr-322	92	4	below	below	ADP
ftr-322	92	5	,	,	PUNCT
ftr-322	92	6	an	an	DET
ftr-322	92	7	appropriate	appropriate	ADJ
ftr-322	92	8	analysis	analysis	NOUN
ftr-322	92	9	of	of	ADP
ftr-322	92	10	a	a	DET
ftr-322	92	11	special	special	ADJ
ftr-322	92	12	allocation	allocation	NOUN
ftr-322	92	13	is	be	AUX
ftr-322	92	14	to	to	PART
ftr-322	92	15	consider	consider	VERB
ftr-322	92	16	it	it	PRON
ftr-322	92	17	as	as	ADP
ftr-322	92	18	a	a	DET
ftr-322	92	19	transfer	transfer	NOUN
ftr-322	92	20	of	of	ADP
ftr-322	92	21	a	a	DET
ftr-322	92	22	partnership	partnership	NOUN
ftr-322	92	23	interest	interest	NOUN
ftr-322	92	24	between	between	ADP
ftr-322	92	25	or	or	CCONJ
ftr-322	92	26	among	among	ADP
ftr-322	92	27	two	two	NUM
ftr-322	92	28	or	or	CCONJ
ftr-322	92	29	more	more	ADJ
ftr-322	92	30	partners	partner	NOUN
ftr-322	92	31	.	.	PUNCT
ftr-322	93	1	as	as	ADP
ftr-322	93	2	a	a	DET
ftr-322	93	3	general	general	ADJ
ftr-322	93	4	matter	matter	NOUN
ftr-322	93	5	,	,	PUNCT
ftr-322	93	6	such	such	ADJ
ftr-322	93	7	transactions	transaction	NOUN
ftr-322	93	8	would	would	AUX
ftr-322	93	9	not	not	PART
ftr-322	93	10	be	be	AUX
ftr-322	93	11	sales	sale	NOUN
ftr-322	93	12	or	or	CCONJ
ftr-322	93	13	exchanges	exchange	NOUN
ftr-322	93	14	but	but	CCONJ
ftr-322	93	15	,	,	PUNCT
ftr-322	93	16	instead	instead	ADV
ftr-322	93	17	,	,	PUNCT
ftr-322	93	18	would	would	AUX
ftr-322	93	19	be	be	AUX
ftr-322	93	20	taxable	taxable	ADJ
ftr-322	93	21	as	as	ADP
ftr-322	93	22	ordinary	ordinary	ADJ
ftr-322	93	23	income	income	NOUN
ftr-322	93	24	to	to	ADP
ftr-322	93	25	the	the	DET
ftr-322	93	26	recipient	recipient	NOUN
ftr-322	93	27	of	of	ADP
ftr-322	93	28	the	the	DET
ftr-322	93	29	interest	interest	NOUN
ftr-322	93	30	and	and	CCONJ
ftr-322	93	31	would	would	AUX
ftr-322	93	32	create	create	VERB
ftr-322	93	33	an	an	DET
ftr-322	93	34	ordinary	ordinary	ADJ
ftr-322	93	35	deduction	deduction	NOUN
ftr-322	93	36	to	to	ADP
ftr-322	93	37	the	the	DET
ftr-322	93	38	transferor	transferor	NOUN
ftr-322	93	39	.	.	PUNCT
ftr-322	94	1	there	there	PRON
ftr-322	94	2	is	be	VERB
ftr-322	94	3	not	not	PART
ftr-322	94	4	much	much	ADJ
ftr-322	94	5	reason	reason	NOUN
ftr-322	94	6	why	why	SCONJ
ftr-322	94	7	two	two	NUM
ftr-322	94	8	economically	economically	ADV
ftr-322	94	9	identical	identical	ADJ
ftr-322	94	10	arrangements	arrangement	NOUN
ftr-322	94	11	,	,	PUNCT
ftr-322	94	12	differing	differ	VERB
ftr-322	94	13	only	only	ADV
ftr-322	94	14	in	in	ADP
ftr-322	94	15	that	that	DET
ftr-322	94	16	one	one	NOUN
ftr-322	94	17	is	be	AUX
ftr-322	94	18	structured	structure	VERB
ftr-322	94	19	as	as	ADP
ftr-322	94	20	a	a	DET
ftr-322	94	21	partnership	partnership	NOUN
ftr-322	94	22	using	use	VERB
ftr-322	94	23	special	special	ADJ
ftr-322	94	24	allocations	allocation	NOUN
ftr-322	94	25	,	,	PUNCT
ftr-322	94	26	ought	ought	AUX
ftr-322	94	27	to	to	PART
ftr-322	94	28	generate	generate	VERB
ftr-322	94	29	different	different	ADJ
ftr-322	94	30	tax	tax	NOUN
ftr-322	94	31	results	result	NOUN
ftr-322	94	32	.	.	PUNCT
ftr-322	95	1	accordingly	accordingly	ADV
ftr-322	95	2	,	,	PUNCT
ftr-322	95	3	i	i	PRON
ftr-322	95	4	indicate	indicate	VERB
ftr-322	95	5	how	how	SCONJ
ftr-322	95	6	one	one	PRON
ftr-322	95	7	would	would	AUX
ftr-322	95	8	derive	derive	VERB
ftr-322	95	9	the	the	DET
ftr-322	95	10	transactions	transaction	NOUN
ftr-322	95	11	in	in	ADP
ftr-322	95	12	partnership	partnership	NOUN
ftr-322	95	13	interests	interest	NOUN
ftr-322	95	14	that	that	PRON
ftr-322	95	15	are	be	AUX
ftr-322	95	16	economically	economically	ADV
ftr-322	95	17	equivalent	equivalent	ADJ
ftr-322	95	18	to	to	PART
ftr-322	95	19	partnership	partnership	VERB
ftr-322	95	20	special	special	ADJ
ftr-322	95	21	allocations	allocation	NOUN
ftr-322	95	22	in	in	ADP
ftr-322	95	23	a	a	DET
ftr-322	95	24	variety	variety	NOUN
ftr-322	95	25	of	of	ADP
ftr-322	95	26	cases	case	NOUN
ftr-322	95	27	in	in	ADP
ftr-322	95	28	order	order	NOUN
ftr-322	95	29	to	to	PART
ftr-322	95	30	show	show	VERB
ftr-322	95	31	how	how	SCONJ
ftr-322	95	32	most	most	ADJ
ftr-322	95	33	special	special	ADJ
ftr-322	95	34	allocations	allocation	NOUN
ftr-322	95	35	should	should	AUX
ftr-322	95	36	be	be	AUX
ftr-322	95	37	treated	treat	VERB
ftr-322	95	38	under	under	ADP
ftr-322	95	39	the	the	DET
ftr-322	95	40	tax	tax	NOUN
ftr-322	95	41	law	law	NOUN
ftr-322	95	42	.	.	PUNCT
ftr-322	96	1	further	far	ADV
ftr-322	96	2	,	,	PUNCT
ftr-322	96	3	because	because	SCONJ
ftr-322	96	4	special	special	ADJ
ftr-322	96	5	allocations	allocation	NOUN
ftr-322	96	6	are	be	AUX
ftr-322	96	7	tantamount	tantamount	ADJ
ftr-322	96	8	to	to	ADP
ftr-322	96	9	transfers	transfer	NOUN
ftr-322	96	10	of	of	ADP
ftr-322	96	11	partnership	partnership	NOUN
ftr-322	96	12	interests	interest	NOUN
ftr-322	96	13	,	,	PUNCT
ftr-322	96	14	ancillary	ancillary	ADJ
ftr-322	96	15	rules	rule	NOUN
ftr-322	96	16	of	of	ADP
ftr-322	96	17	subchapter	subchapter	NOUN
ftr-322	96	18	k	k	PROPN
ftr-322	96	19	as	as	ADV
ftr-322	96	20	well	well	ADV
ftr-322	96	21	as	as	ADP
ftr-322	96	22	other	other	ADJ
ftr-322	96	23	tax	tax	NOUN
ftr-322	96	24	principles	principle	NOUN
ftr-322	96	25	may	may	AUX
ftr-322	96	26	come	come	VERB
ftr-322	96	27	into	into	ADP
ftr-322	96	28	agreement	agreement	NOUN
ftr-322	96	29	if	if	SCONJ
ftr-322	96	30	the	the	DET
ftr-322	96	31	partner	partner	NOUN
ftr-322	96	32	receiving	receive	VERB
ftr-322	96	33	the	the	DET
ftr-322	96	34	allocation	allocation	NOUN
ftr-322	96	35	can	can	AUX
ftr-322	96	36	demonstrate	demonstrate	VERB
ftr-322	96	37	that	that	SCONJ
ftr-322	96	38	it	it	PRON
ftr-322	96	39	has	have	VERB
ftr-322	96	40	‗substantial	‗substantial	ADJ
ftr-322	96	41	economic	economic	ADJ
ftr-322	96	42	effect	effect	NOUN
ftr-322	96	43	,	,	PUNCT
ftr-322	96	44	‘	'	PUNCT
ftr-322	96	45	i.e.	i.e.	X
ftr-322	96	46	,	,	PUNCT
ftr-322	96	47	whether	whether	SCONJ
ftr-322	96	48	the	the	DET
ftr-322	96	49	allocation	allocation	NOUN
ftr-322	96	50	may	may	AUX
ftr-322	96	51	actually	actually	ADV
ftr-322	96	52	affect	affect	VERB
ftr-322	96	53	the	the	DET
ftr-322	96	54	dollar	dollar	NOUN
ftr-322	96	55	amount	amount	NOUN
ftr-322	96	56	of	of	ADP
ftr-322	96	57	the	the	DET
ftr-322	96	58	partners	partner	NOUN
ftr-322	96	59	‘	‘	PART
ftr-322	96	60	shares	share	NOUN
ftr-322	96	61	of	of	ADP
ftr-322	96	62	the	the	DET
ftr-322	96	63	total	total	ADJ
ftr-322	96	64	partnership	partnership	NOUN
ftr-322	96	65	income	income	NOUN
ftr-322	96	66	or	or	CCONJ
ftr-322	96	67	loss	loss	NOUN
ftr-322	96	68	independently	independently	ADV
ftr-322	96	69	of	of	ADP
ftr-322	96	70	tax	tax	NOUN
ftr-322	96	71	consequences.‖	consequences.‖	NOUN
ftr-322	96	72	)	)	PUNCT
ftr-322	96	73	.	.	PUNCT
ftr-322	97	1	8	8	X
ftr-322	97	2	.	.	X
ftr-322	97	3	see	see	VERB
ftr-322	97	4	,	,	PUNCT
ftr-322	97	5	e.g.	e.g.	ADV
ftr-322	97	6	,	,	PUNCT
ftr-322	97	7	mark	mark	PROPN
ftr-322	97	8	p.	p.	PROPN
ftr-322	97	9	gergen	gergen	PROPN
ftr-322	97	10	,	,	PUNCT
ftr-322	97	11	reforming	reform	VERB
ftr-322	97	12	subchapter	subchapter	NOUN
ftr-322	97	13	k	k	NOUN
ftr-322	97	14	:	:	PUNCT
ftr-322	97	15	special	special	ADJ
ftr-322	97	16	allocations	allocation	NOUN
ftr-322	97	17	,	,	PUNCT
ftr-322	97	18	46	46	NUM
ftr-322	97	19	tax	tax	NOUN
ftr-322	97	20	l.	l.	PROPN
ftr-322	97	21	rev	rev	PROPN
ftr-322	97	22	.	.	PROPN
ftr-322	97	23	1	1	NUM
ftr-322	97	24	,	,	PUNCT
ftr-322	97	25	9	9	NUM
ftr-322	97	26	,	,	PUNCT
ftr-322	97	27	passim	passim	NOUN
ftr-322	97	28	(	(	PUNCT
ftr-322	97	29	1990	1990	NUM
ftr-322	97	30	)	)	PUNCT
ftr-322	98	1	[	[	X
ftr-322	98	2	hereinafter	hereinafter	NOUN
ftr-322	98	3	gergen	gergen	NOUN
ftr-322	98	4	,	,	PUNCT
ftr-322	98	5	special	special	ADJ
ftr-322	98	6	allocations	allocation	NOUN
ftr-322	98	7	]	]	PUNCT
ftr-322	98	8	;	;	PUNCT
ftr-322	98	9	yin	yin	PROPN
ftr-322	98	10	,	,	PUNCT
ftr-322	98	11	future	future	ADJ
ftr-322	98	12	taxation	taxation	NOUN
ftr-322	98	13	,	,	PUNCT
ftr-322	98	14	supra	supra	PROPN
ftr-322	98	15	note	note	NOUN
ftr-322	98	16	3	3	NUM
ftr-322	98	17	,	,	PUNCT
ftr-322	98	18	at	at	ADP
ftr-322	98	19	154–55	154–55	NUM
ftr-322	98	20	.	.	PUNCT
ftr-322	99	1	9	9	X
ftr-322	99	2	.	.	X
ftr-322	99	3	see	see	VERB
ftr-322	99	4	,	,	PUNCT
ftr-322	99	5	e.g.	e.g.	ADV
ftr-322	99	6	,	,	PUNCT
ftr-322	99	7	mark	mark	PROPN
ftr-322	99	8	p.	p.	PROPN
ftr-322	99	9	gergen	gergen	PROPN
ftr-322	99	10	,	,	PUNCT
ftr-322	99	11	the	the	DET
ftr-322	99	12	end	end	NOUN
ftr-322	99	13	of	of	ADP
ftr-322	99	14	the	the	DET
ftr-322	99	15	revolution	revolution	NOUN
ftr-322	99	16	in	in	ADP
ftr-322	99	17	partnership	partnership	NOUN
ftr-322	99	18	tax	tax	NOUN
ftr-322	99	19	?	?	PUNCT
ftr-322	99	20	,	,	PUNCT
ftr-322	99	21	56	56	NUM
ftr-322	99	22	smu	smu	PROPN
ftr-322	99	23	l.	l.	PROPN
ftr-322	99	24	rev	rev	PROPN
ftr-322	99	25	.	.	PROPN
ftr-322	100	1	343	343	NUM
ftr-322	100	2	(	(	PUNCT
ftr-322	100	3	2003	2003	NUM
ftr-322	100	4	)	)	PUNCT
ftr-322	100	5	;	;	PUNCT
ftr-322	100	6	mark	mark	PROPN
ftr-322	100	7	p.	p.	PROPN
ftr-322	100	8	gergen	gergen	PROPN
ftr-322	100	9	,	,	PUNCT
ftr-322	100	10	reforming	reform	VERB
ftr-322	100	11	subchapter	subchapter	NOUN
ftr-322	100	12	k	k	NOUN
ftr-322	100	13	:	:	PUNCT
ftr-322	100	14	compensating	compensate	VERB
ftr-322	100	15	service	service	NOUN
ftr-322	100	16	partners	partner	NOUN
ftr-322	100	17	,	,	PUNCT
ftr-322	100	18	48	48	NUM
ftr-322	100	19	tax	tax	NOUN
ftr-322	100	20	l.	l.	PROPN
ftr-322	100	21	rev	rev	PROPN
ftr-322	100	22	.	.	PROPN
ftr-322	100	23	69	69	NUM
ftr-322	100	24	(	(	PUNCT
ftr-322	100	25	1992	1992	NUM
ftr-322	100	26	)	)	PUNCT
ftr-322	101	1	[	[	X
ftr-322	101	2	hereinafter	hereinafter	NOUN
ftr-322	101	3	gergen	gergen	ADV
ftr-322	101	4	,	,	PUNCT
ftr-322	101	5	compensating	compensate	VERB
ftr-322	101	6	service	service	NOUN
ftr-322	101	7	partners	partner	NOUN
ftr-322	101	8	]	]	X
ftr-322	101	9	;	;	PUNCT
ftr-322	101	10	gergen	gergen	X
ftr-322	101	11	,	,	PUNCT
ftr-322	101	12	special	special	ADJ
ftr-322	101	13	allocations	allocation	NOUN
ftr-322	101	14	,	,	PUNCT
ftr-322	101	15	supra	supra	PROPN
ftr-322	101	16	note	note	NOUN
ftr-322	101	17	8	8	NUM
ftr-322	101	18	.	.	PUNCT
ftr-322	102	1	see	see	VERB
ftr-322	102	2	also	also	ADV
ftr-322	102	3	gregg	gregg	PROPN
ftr-322	102	4	d.	d.	PROPN
ftr-322	102	5	polsky	polsky	PROPN
ftr-322	102	6	,	,	PUNCT
ftr-322	102	7	deterring	deter	VERB
ftr-322	102	8	tax	tax	NOUN
ftr-322	102	9	-	-	PUNCT
ftr-322	102	10	driven	drive	VERB
ftr-322	102	11	partnership	partnership	NOUN
ftr-322	102	12	allocations	allocation	NOUN
ftr-322	102	13	,	,	PUNCT
ftr-322	102	14	64	64	NUM
ftr-322	102	15	tax	tax	NOUN
ftr-322	102	16	law	law	NOUN
ftr-322	102	17	.	.	PUNCT
ftr-322	103	1	97	97	NUM
ftr-322	103	2	(	(	PUNCT
ftr-322	103	3	2011	2011	NUM
ftr-322	103	4	)	)	PUNCT
ftr-322	104	1	[	[	X
ftr-322	104	2	hereinafter	hereinafter	NOUN
ftr-322	104	3	polsky	polsky	NOUN
ftr-322	104	4	,	,	PUNCT
ftr-322	104	5	tax	tax	NOUN
ftr-322	104	6	-	-	PUNCT
ftr-322	104	7	driven	drive	VERB
ftr-322	104	8	allocations	allocation	NOUN
ftr-322	104	9	]	]	PUNCT
ftr-322	104	10	;	;	PUNCT
ftr-322	104	11	yin	yin	PROPN
ftr-322	104	12	,	,	PUNCT
ftr-322	104	13	future	future	ADJ
ftr-322	104	14	taxation	taxation	NOUN
ftr-322	104	15	,	,	PUNCT
ftr-322	104	16	supra	supra	PROPN
ftr-322	104	17	note	note	NOUN
ftr-322	104	18	3	3	NUM
ftr-322	104	19	.	.	NOUN
ftr-322	104	20	10	10	NUM
ftr-322	104	21	.	.	PUNCT
ftr-322	105	1	yin	yin	PROPN
ftr-322	105	2	,	,	PUNCT
ftr-322	105	3	future	future	ADJ
ftr-322	105	4	taxation	taxation	NOUN
ftr-322	105	5	,	,	PUNCT
ftr-322	105	6	supra	supra	PROPN
ftr-322	105	7	note	note	NOUN
ftr-322	105	8	3	3	NUM
ftr-322	105	9	.	.	NOUN
ftr-322	105	10	11	11	NUM
ftr-322	105	11	.	.	PUNCT
ftr-322	106	1	together	together	ADV
ftr-322	106	2	,	,	PUNCT
ftr-322	106	3	gergen	gergen	ADV
ftr-322	106	4	,	,	PUNCT
ftr-322	106	5	compensating	compensate	VERB
ftr-322	106	6	service	service	NOUN
ftr-322	106	7	partners	partner	NOUN
ftr-322	106	8	,	,	PUNCT
ftr-322	106	9	supra	supra	PROPN
ftr-322	106	10	note	note	NOUN
ftr-322	106	11	9	9	NUM
ftr-322	106	12	,	,	PUNCT
ftr-322	106	13	and	and	CCONJ
ftr-322	106	14	gergen	gergen	ADV
ftr-322	106	15	,	,	PUNCT
ftr-322	106	16	special	special	ADJ
ftr-322	106	17	allocations	allocation	NOUN
ftr-322	106	18	,	,	PUNCT
ftr-322	106	19	supra	supra	PROPN
ftr-322	106	20	note	note	PROPN
ftr-322	106	21	8	8	NUM
ftr-322	106	22	,	,	PUNCT
ftr-322	106	23	constitute	constitute	VERB
ftr-322	106	24	a	a	DET
ftr-322	106	25	proposal	proposal	NOUN
ftr-322	106	26	to	to	PART
ftr-322	106	27	revamp	revamp	VERB
ftr-322	106	28	subchapter	subchapter	NOUN
ftr-322	106	29	k.	k.	PROPN
ftr-322	106	30	352	352	NUM
ftr-322	106	31	florida	florida	PROPN
ftr-322	106	32	tax	tax	PROPN
ftr-322	106	33	review	review	NOUN
ftr-322	107	1	[	[	X
ftr-322	107	2	vol	vol	NOUN
ftr-322	107	3	.	.	PUNCT
ftr-322	108	1	13:7	13:7	NUM
ftr-322	108	2	play	play	VERB
ftr-322	108	3	in	in	ADP
ftr-322	108	4	evaluating	evaluate	VERB
ftr-322	108	5	their	their	PRON
ftr-322	108	6	tax	tax	NOUN
ftr-322	108	7	consequences	consequence	NOUN
ftr-322	108	8	.	.	PUNCT
ftr-322	109	1	principal	principal	NOUN
ftr-322	109	2	among	among	ADP
ftr-322	109	3	these	these	PRON
ftr-322	109	4	is	be	AUX
ftr-322	109	5	the	the	DET
ftr-322	109	6	election	election	NOUN
ftr-322	109	7	under	under	ADP
ftr-322	109	8	section	section	NOUN
ftr-322	109	9	754	754	NUM
ftr-322	109	10	to	to	PART
ftr-322	109	11	take	take	VERB
ftr-322	109	12	account	account	NOUN
ftr-322	109	13	of	of	ADP
ftr-322	109	14	discrepancies	discrepancy	NOUN
ftr-322	109	15	between	between	ADP
ftr-322	109	16	the	the	DET
ftr-322	109	17	basis	basis	NOUN
ftr-322	109	18	and	and	CCONJ
ftr-322	109	19	the	the	DET
ftr-322	109	20	fair	fair	ADJ
ftr-322	109	21	market	market	NOUN
ftr-322	109	22	value	value	NOUN
ftr-322	109	23	of	of	ADP
ftr-322	109	24	partnership	partnership	NOUN
ftr-322	109	25	property	property	NOUN
ftr-322	109	26	when	when	SCONJ
ftr-322	109	27	an	an	DET
ftr-322	109	28	interest	interest	NOUN
ftr-322	109	29	in	in	ADP
ftr-322	109	30	the	the	DET
ftr-322	109	31	partnership	partnership	NOUN
ftr-322	109	32	is	be	AUX
ftr-322	109	33	transferred	transfer	VERB
ftr-322	109	34	.	.	PUNCT
ftr-322	110	1	a	a	DET
ftr-322	110	2	further	further	ADJ
ftr-322	110	3	consequence	consequence	NOUN
ftr-322	110	4	would	would	AUX
ftr-322	110	5	be	be	AUX
ftr-322	110	6	the	the	DET
ftr-322	110	7	recognition	recognition	NOUN
ftr-322	110	8	of	of	ADP
ftr-322	110	9	gain	gain	NOUN
ftr-322	110	10	or	or	CCONJ
ftr-322	110	11	loss	loss	NOUN
ftr-322	110	12	by	by	ADP
ftr-322	110	13	the	the	DET
ftr-322	110	14	transferor	transferor	NOUN
ftr-322	110	15	to	to	ADP
ftr-322	110	16	the	the	DET
ftr-322	110	17	extent	extent	NOUN
ftr-322	110	18	the	the	DET
ftr-322	110	19	fair	fair	ADJ
ftr-322	110	20	market	market	NOUN
ftr-322	110	21	value	value	NOUN
ftr-322	110	22	of	of	ADP
ftr-322	110	23	the	the	DET
ftr-322	110	24	interest	interest	NOUN
ftr-322	110	25	transferred	transfer	VERB
ftr-322	110	26	differed	differ	VERB
ftr-322	110	27	from	from	ADP
ftr-322	110	28	its	its	PRON
ftr-322	110	29	adjusted	adjusted	ADJ
ftr-322	110	30	basis	basis	NOUN
ftr-322	110	31	in	in	ADP
ftr-322	110	32	the	the	DET
ftr-322	110	33	transferor‘s	transferor‘s	PROPN
ftr-322	110	34	hands	hand	NOUN
ftr-322	110	35	.	.	PUNCT
ftr-322	111	1	i	i	PRON
ftr-322	111	2	also	also	ADV
ftr-322	111	3	argue	argue	VERB
ftr-322	111	4	,	,	PUNCT
ftr-322	111	5	however	however	ADV
ftr-322	111	6	,	,	PUNCT
ftr-322	111	7	that	that	SCONJ
ftr-322	111	8	an	an	DET
ftr-322	111	9	exception	exception	NOUN
ftr-322	111	10	to	to	ADP
ftr-322	111	11	a	a	DET
ftr-322	111	12	general	general	ADJ
ftr-322	111	13	rule	rule	NOUN
ftr-322	111	14	of	of	ADP
ftr-322	111	15	not	not	PART
ftr-322	111	16	respecting	respect	VERB
ftr-322	111	17	special	special	ADJ
ftr-322	111	18	allocations	allocation	NOUN
ftr-322	111	19	ought	ought	AUX
ftr-322	111	20	to	to	PART
ftr-322	111	21	be	be	AUX
ftr-322	111	22	available	available	ADJ
ftr-322	111	23	where	where	SCONJ
ftr-322	111	24	there	there	PRON
ftr-322	111	25	is	be	VERB
ftr-322	111	26	a	a	DET
ftr-322	111	27	sufficient	sufficient	ADJ
ftr-322	111	28	non	non	ADJ
ftr-322	111	29	-	-	ADJ
ftr-322	111	30	tax	tax	ADJ
ftr-322	111	31	-	-	PUNCT
ftr-322	111	32	avoidance	avoidance	NOUN
ftr-322	111	33	motive	motive	NOUN
ftr-322	111	34	to	to	PART
ftr-322	111	35	support	support	VERB
ftr-322	111	36	the	the	DET
ftr-322	111	37	allocation	allocation	NOUN
ftr-322	111	38	.	.	PUNCT
ftr-322	112	1	i	i	PRON
ftr-322	112	2	also	also	ADV
ftr-322	112	3	propose	propose	VERB
ftr-322	112	4	that	that	SCONJ
ftr-322	112	5	the	the	DET
ftr-322	112	6	regulations	regulation	NOUN
ftr-322	112	7	under	under	ADP
ftr-322	112	8	section	section	NOUN
ftr-322	112	9	704(b	704(b	PROPN
ftr-322	112	10	)	)	PUNCT
ftr-322	112	11	be	be	AUX
ftr-322	112	12	modified	modify	VERB
ftr-322	112	13	to	to	PART
ftr-322	112	14	permit	permit	VERB
ftr-322	112	15	greater	great	ADJ
ftr-322	112	16	variation	variation	NOUN
ftr-322	112	17	in	in	ADP
ftr-322	112	18	the	the	DET
ftr-322	112	19	initial	initial	ADJ
ftr-322	112	20	allocations	allocation	NOUN
ftr-322	112	21	of	of	ADP
ftr-322	112	22	partners	partner	NOUN
ftr-322	112	23	‘	‘	PART
ftr-322	112	24	interests	interest	NOUN
ftr-322	112	25	in	in	ADP
ftr-322	112	26	particular	particular	ADJ
ftr-322	112	27	items	item	NOUN
ftr-322	112	28	of	of	ADP
ftr-322	112	29	partnership	partnership	NOUN
ftr-322	112	30	property	property	NOUN
ftr-322	112	31	and	and	CCONJ
ftr-322	112	32	therefore	therefore	ADV
ftr-322	112	33	of	of	ADP
ftr-322	112	34	particular	particular	ADJ
ftr-322	112	35	items	item	NOUN
ftr-322	112	36	of	of	ADP
ftr-322	112	37	partnership	partnership	NOUN
ftr-322	112	38	igld	igld	ADJ
ftr-322	112	39	.	.	PUNCT
ftr-322	113	1	apart	apart	ADV
ftr-322	113	2	from	from	ADP
ftr-322	113	3	these	these	DET
ftr-322	113	4	qualifications	qualification	NOUN
ftr-322	113	5	,	,	PUNCT
ftr-322	113	6	special	special	ADJ
ftr-322	113	7	allocations	allocation	NOUN
ftr-322	113	8	generally	generally	ADV
ftr-322	113	9	should	should	AUX
ftr-322	113	10	be	be	AUX
ftr-322	113	11	disregarded	disregard	VERB
ftr-322	113	12	,	,	PUNCT
ftr-322	113	13	which	which	PRON
ftr-322	113	14	is	be	AUX
ftr-322	113	15	to	to	PART
ftr-322	113	16	say	say	VERB
ftr-322	113	17	that	that	SCONJ
ftr-322	113	18	accounting	account	VERB
ftr-322	113	19	for	for	ADP
ftr-322	113	20	the	the	DET
ftr-322	113	21	outcomes	outcome	NOUN
ftr-322	113	22	of	of	ADP
ftr-322	113	23	special	special	ADJ
ftr-322	113	24	allocations	allocation	NOUN
ftr-322	113	25	generally	generally	ADV
ftr-322	113	26	should	should	AUX
ftr-322	113	27	take	take	VERB
ftr-322	113	28	place	place	NOUN
ftr-322	113	29	outside	outside	ADP
ftr-322	113	30	of	of	ADP
ftr-322	113	31	the	the	DET
ftr-322	113	32	partnership	partnership	NOUN
ftr-322	113	33	itself	itself	PRON
ftr-322	113	34	.	.	PUNCT
ftr-322	114	1	perhaps	perhaps	ADV
ftr-322	114	2	counterintuitively	counterintuitively	ADV
ftr-322	114	3	,	,	PUNCT
ftr-322	114	4	i	i	PRON
ftr-322	114	5	believe	believe	VERB
ftr-322	114	6	that	that	SCONJ
ftr-322	114	7	the	the	DET
ftr-322	114	8	recommendations	recommendation	NOUN
ftr-322	114	9	offered	offer	VERB
ftr-322	114	10	here	here	ADV
ftr-322	114	11	would	would	AUX
ftr-322	114	12	result	result	VERB
ftr-322	114	13	in	in	ADP
ftr-322	114	14	a	a	DET
ftr-322	114	15	less	less	ADV
ftr-322	114	16	burdensome	burdensome	ADJ
ftr-322	114	17	set	set	NOUN
ftr-322	114	18	of	of	ADP
ftr-322	114	19	partnership	partnership	NOUN
ftr-322	114	20	tax	tax	NOUN
ftr-322	114	21	rules	rule	NOUN
ftr-322	114	22	overall	overall	ADV
ftr-322	114	23	,	,	PUNCT
ftr-322	114	24	even	even	ADV
ftr-322	114	25	though	though	SCONJ
ftr-322	114	26	the	the	DET
ftr-322	114	27	recommendations	recommendation	NOUN
ftr-322	114	28	would	would	AUX
ftr-322	114	29	add	add	VERB
ftr-322	114	30	complexity	complexity	NOUN
ftr-322	114	31	to	to	ADP
ftr-322	114	32	partnerships	partnership	NOUN
ftr-322	114	33	choosing	choose	VERB
ftr-322	114	34	to	to	PART
ftr-322	114	35	avail	avail	VERB
ftr-322	114	36	themselves	themselves	PRON
ftr-322	114	37	of	of	ADP
ftr-322	114	38	the	the	DET
ftr-322	114	39	special	special	ADJ
ftr-322	114	40	rules	rule	NOUN
ftr-322	114	41	on	on	ADP
ftr-322	114	42	allocations	allocation	NOUN
ftr-322	114	43	within	within	ADP
ftr-322	114	44	the	the	DET
ftr-322	114	45	partnership	partnership	NOUN
ftr-322	114	46	.	.	PUNCT
ftr-322	115	1	if	if	SCONJ
ftr-322	115	2	,	,	PUNCT
ftr-322	115	3	as	as	SCONJ
ftr-322	115	4	i	i	PRON
ftr-322	115	5	suspect	suspect	VERB
ftr-322	115	6	,	,	PUNCT
ftr-322	115	7	the	the	DET
ftr-322	115	8	appetite	appetite	NOUN
ftr-322	115	9	for	for	ADP
ftr-322	115	10	special	special	ADJ
ftr-322	115	11	allocations	allocation	NOUN
ftr-322	115	12	is	be	AUX
ftr-322	115	13	driven	drive	VERB
ftr-322	115	14	in	in	ADP
ftr-322	115	15	large	large	ADJ
ftr-322	115	16	measure	measure	NOUN
ftr-322	115	17	by	by	ADP
ftr-322	115	18	the	the	DET
ftr-322	115	19	search	search	NOUN
ftr-322	115	20	for	for	ADP
ftr-322	115	21	unwarranted	unwarranted	ADJ
ftr-322	115	22	tax	tax	NOUN
ftr-322	115	23	benefits	benefit	NOUN
ftr-322	115	24	,	,	PUNCT
ftr-322	115	25	then	then	ADV
ftr-322	115	26	the	the	DET
ftr-322	115	27	adoption	adoption	NOUN
ftr-322	115	28	of	of	ADP
ftr-322	115	29	complex	complex	ADJ
ftr-322	115	30	rules	rule	NOUN
ftr-322	115	31	that	that	PRON
ftr-322	115	32	curb	curb	VERB
ftr-322	115	33	or	or	CCONJ
ftr-322	115	34	eliminate	eliminate	VERB
ftr-322	115	35	the	the	DET
ftr-322	115	36	tax	tax	NOUN
ftr-322	115	37	advantages	advantage	NOUN
ftr-322	115	38	of	of	ADP
ftr-322	115	39	special	special	ADJ
ftr-322	115	40	allocations	allocation	NOUN
ftr-322	115	41	is	be	AUX
ftr-322	115	42	likely	likely	ADJ
ftr-322	115	43	to	to	PART
ftr-322	115	44	have	have	VERB
ftr-322	115	45	a	a	DET
ftr-322	115	46	simplifying	simplifying	NOUN
ftr-322	115	47	and	and	CCONJ
ftr-322	115	48	compliance	compliance	NOUN
ftr-322	115	49	burden	burden	NOUN
ftr-322	115	50	-	-	PUNCT
ftr-322	115	51	reducing	reduce	VERB
ftr-322	115	52	effect	effect	NOUN
ftr-322	115	53	,	,	PUNCT
ftr-322	115	54	even	even	ADV
ftr-322	115	55	if	if	SCONJ
ftr-322	115	56	the	the	DET
ftr-322	115	57	special	special	ADJ
ftr-322	115	58	allocation	allocation	NOUN
ftr-322	115	59	provisions	provision	NOUN
ftr-322	115	60	themselves	themselves	PRON
ftr-322	115	61	become	become	VERB
ftr-322	115	62	more	more	ADV
ftr-322	115	63	difficult	difficult	ADJ
ftr-322	115	64	to	to	PART
ftr-322	115	65	apply	apply	VERB
ftr-322	115	66	.	.	PUNCT
ftr-322	116	1	as	as	SCONJ
ftr-322	116	2	i	i	PRON
ftr-322	116	3	develop	develop	VERB
ftr-322	116	4	below	below	ADP
ftr-322	116	5	,	,	PUNCT
ftr-322	116	6	the	the	DET
ftr-322	116	7	principal	principal	ADJ
ftr-322	116	8	benefit	benefit	NOUN
ftr-322	116	9	that	that	SCONJ
ftr-322	116	10	respecting	respect	VERB
ftr-322	116	11	partnership	partnership	NOUN
ftr-322	116	12	special	special	ADJ
ftr-322	116	13	allocations	allocation	NOUN
ftr-322	116	14	affords	afford	NOUN
ftr-322	116	15	is	be	AUX
ftr-322	116	16	to	to	PART
ftr-322	116	17	enable	enable	VERB
ftr-322	116	18	the	the	DET
ftr-322	116	19	partners	partner	NOUN
ftr-322	116	20	to	to	PART
ftr-322	116	21	engage	engage	VERB
ftr-322	116	22	in	in	ADP
ftr-322	116	23	untoward	untoward	ADJ
ftr-322	116	24	tax	tax	NOUN
ftr-322	116	25	avoidance	avoidance	NOUN
ftr-322	116	26	by	by	ADP
ftr-322	116	27	means	mean	NOUN
ftr-322	116	28	of	of	ADP
ftr-322	116	29	character	character	NOUN
ftr-322	116	30	assignment	assignment	NOUN
ftr-322	116	31	.	.	PUNCT
ftr-322	117	1	12	12	NUM
ftr-322	117	2	a	a	DET
ftr-322	117	3	character	character	NOUN
ftr-322	117	4	assignment	assignment	NOUN
ftr-322	117	5	separates	separate	VERB
ftr-322	117	6	the	the	DET
ftr-322	117	7	owner	owner	NOUN
ftr-322	117	8	of	of	ADP
ftr-322	117	9	a	a	DET
ftr-322	117	10	type	type	NOUN
ftr-322	117	11	of	of	ADP
ftr-322	117	12	igld	igld	ADJ
ftr-322	117	13	from	from	ADP
ftr-322	117	14	the	the	DET
ftr-322	117	15	asset	asset	NOUN
ftr-322	117	16	or	or	CCONJ
ftr-322	117	17	arrangement	arrangement	NOUN
ftr-322	117	18	that	that	PRON
ftr-322	117	19	produces	produce	VERB
ftr-322	117	20	it	it	PRON
ftr-322	117	21	.	.	PUNCT
ftr-322	118	1	for	for	ADP
ftr-322	118	2	example	example	NOUN
ftr-322	118	3	,	,	PUNCT
ftr-322	118	4	a	a	DET
ftr-322	118	5	special	special	ADJ
ftr-322	118	6	allocation	allocation	NOUN
ftr-322	118	7	may	may	AUX
ftr-322	118	8	shift	shift	VERB
ftr-322	118	9	capital	capital	NOUN
ftr-322	118	10	income	income	NOUN
ftr-322	118	11	or	or	CCONJ
ftr-322	118	12	loss	loss	NOUN
ftr-322	118	13	from	from	ADP
ftr-322	118	14	a	a	DET
ftr-322	118	15	partner	partner	NOUN
ftr-322	118	16	who	who	PRON
ftr-322	118	17	,	,	PUNCT
ftr-322	118	18	based	base	VERB
ftr-322	118	19	upon	upon	SCONJ
ftr-322	118	20	ownership	ownership	NOUN
ftr-322	118	21	,	,	PUNCT
ftr-322	118	22	economically	economically	ADV
ftr-322	118	23	earns	earn	VERB
ftr-322	118	24	or	or	CCONJ
ftr-322	118	25	bears	bear	VERB
ftr-322	118	26	it	it	PRON
ftr-322	118	27	to	to	ADP
ftr-322	118	28	another	another	DET
ftr-322	118	29	partner	partner	NOUN
ftr-322	118	30	who	who	PRON
ftr-322	118	31	,	,	PUNCT
ftr-322	118	32	for	for	ADP
ftr-322	118	33	tax	tax	NOUN
ftr-322	118	34	reasons	reason	NOUN
ftr-322	118	35	,	,	PUNCT
ftr-322	118	36	derives	derive	VERB
ftr-322	118	37	greater	great	ADJ
ftr-322	118	38	benefit	benefit	NOUN
ftr-322	118	39	from	from	ADP
ftr-322	118	40	capital	capital	NOUN
ftr-322	118	41	income	income	NOUN
ftr-322	118	42	or	or	CCONJ
ftr-322	118	43	loss	loss	NOUN
ftr-322	118	44	than	than	SCONJ
ftr-322	118	45	does	do	VERB
ftr-322	118	46	the	the	DET
ftr-322	118	47	partner	partner	NOUN
ftr-322	118	48	from	from	ADP
ftr-322	118	49	whom	whom	PRON
ftr-322	118	50	it	it	PRON
ftr-322	118	51	is	be	AUX
ftr-322	118	52	allocated	allocate	VERB
ftr-322	118	53	.	.	PUNCT
ftr-322	119	1	13	13	NUM
ftr-322	119	2	as	as	ADP
ftr-322	119	3	a	a	DET
ftr-322	119	4	general	general	ADJ
ftr-322	119	5	matter	matter	NOUN
ftr-322	119	6	,	,	PUNCT
ftr-322	119	7	assignments	assignment	NOUN
ftr-322	119	8	of	of	ADP
ftr-322	119	9	either	either	DET
ftr-322	119	10	amounts	amount	NOUN
ftr-322	119	11	or	or	CCONJ
ftr-322	119	12	kinds	kind	NOUN
ftr-322	119	13	of	of	ADP
ftr-322	119	14	igld	igld	ADJ
ftr-322	119	15	are	be	AUX
ftr-322	119	16	not	not	PART
ftr-322	119	17	permitted	permit	VERB
ftr-322	119	18	under	under	ADP
ftr-322	119	19	the	the	DET
ftr-322	119	20	tax	tax	NOUN
ftr-322	119	21	law	law	NOUN
ftr-322	119	22	.	.	PUNCT
ftr-322	120	1	14	14	NUM
ftr-322	120	2	outside	outside	ADP
ftr-322	120	3	of	of	ADP
ftr-322	120	4	the	the	DET
ftr-322	120	5	partnership	partnership	NOUN
ftr-322	120	6	area	area	NOUN
ftr-322	120	7	,	,	PUNCT
ftr-322	120	8	congress	congress	PROPN
ftr-322	120	9	and	and	CCONJ
ftr-322	120	10	12	12	NUM
ftr-322	120	11	.	.	PUNCT
ftr-322	121	1	see	see	VERB
ftr-322	121	2	,	,	PUNCT
ftr-322	121	3	for	for	ADP
ftr-322	121	4	example	example	NOUN
ftr-322	121	5	,	,	PUNCT
ftr-322	121	6	regulations	regulation	NOUN
ftr-322	121	7	section	section	VERB
ftr-322	121	8	1.704	1.704	NUM
ftr-322	121	9	-	-	SYM
ftr-322	121	10	1(b)(5	1(b)(5	NUM
ftr-322	121	11	)	)	PUNCT
ftr-322	121	12	for	for	ADP
ftr-322	121	13	common	common	ADJ
ftr-322	121	14	examples	example	NOUN
ftr-322	121	15	of	of	ADP
ftr-322	121	16	special	special	ADJ
ftr-322	121	17	tax	tax	NOUN
ftr-322	121	18	items	item	NOUN
ftr-322	121	19	.	.	PUNCT
ftr-322	122	1	13	13	NUM
ftr-322	122	2	.	.	X
ftr-322	123	1	i	i	PRON
ftr-322	123	2	am	be	AUX
ftr-322	123	3	aware	aware	ADJ
ftr-322	123	4	of	of	ADP
ftr-322	123	5	at	at	ADV
ftr-322	123	6	least	least	ADV
ftr-322	123	7	one	one	NUM
ftr-322	123	8	special	special	ADJ
ftr-322	123	9	allocation	allocation	NOUN
ftr-322	123	10	under	under	ADP
ftr-322	123	11	which	which	PRON
ftr-322	123	12	items	item	NOUN
ftr-322	123	13	of	of	ADP
ftr-322	123	14	partnership	partnership	NOUN
ftr-322	123	15	capital	capital	NOUN
ftr-322	123	16	gain	gain	NOUN
ftr-322	123	17	are	be	AUX
ftr-322	123	18	allocated	allocate	VERB
ftr-322	123	19	to	to	ADP
ftr-322	123	20	a	a	DET
ftr-322	123	21	partner	partner	NOUN
ftr-322	123	22	having	have	VERB
ftr-322	123	23	a	a	DET
ftr-322	123	24	profits	profit	NOUN
ftr-322	123	25	interest	interest	NOUN
ftr-322	123	26	.	.	PUNCT
ftr-322	124	1	document	document	NOUN
ftr-322	124	2	on	on	ADP
ftr-322	124	3	file	file	NOUN
ftr-322	124	4	with	with	ADP
ftr-322	124	5	author	author	NOUN
ftr-322	124	6	.	.	PUNCT
ftr-322	125	1	14	14	NUM
ftr-322	125	2	.	.	PUNCT
ftr-322	126	1	see	see	VERB
ftr-322	126	2	lucas	lucas	PROPN
ftr-322	126	3	v.	v.	PROPN
ftr-322	126	4	earl	earl	PROPN
ftr-322	126	5	,	,	PUNCT
ftr-322	126	6	281	281	NUM
ftr-322	126	7	u.s	u.s	PROPN
ftr-322	126	8	.	.	PROPN
ftr-322	126	9	111	111	NUM
ftr-322	126	10	(	(	PUNCT
ftr-322	126	11	1930	1930	NUM
ftr-322	126	12	)	)	PUNCT
ftr-322	126	13	(	(	PUNCT
ftr-322	126	14	disallowance	disallowance	NOUN
ftr-322	126	15	of	of	ADP
ftr-322	126	16	income	income	NOUN
ftr-322	126	17	assignments	assignment	NOUN
ftr-322	126	18	)	)	PUNCT
ftr-322	126	19	.	.	PUNCT
ftr-322	127	1	various	various	ADJ
ftr-322	127	2	rules	rule	NOUN
ftr-322	127	3	limit	limit	VERB
ftr-322	127	4	character	character	NOUN
ftr-322	127	5	assignment	assignment	NOUN
ftr-322	127	6	.	.	PUNCT
ftr-322	128	1	see	see	VERB
ftr-322	128	2	,	,	PUNCT
ftr-322	128	3	e.g.	e.g.	ADV
ftr-322	128	4	,	,	PUNCT
ftr-322	128	5	sections	section	NOUN
ftr-322	128	6	702	702	NUM
ftr-322	128	7	(	(	PUNCT
ftr-322	128	8	passthrough	passthrough	NOUN
ftr-322	128	9	taxation	taxation	NOUN
ftr-322	128	10	of	of	ADP
ftr-322	128	11	partnership	partnership	NOUN
ftr-322	128	12	items	item	NOUN
ftr-322	128	13	)	)	PUNCT
ftr-322	128	14	,	,	PUNCT
ftr-322	128	15	724	724	NUM
ftr-322	128	16	(	(	PUNCT
ftr-322	128	17	preservation	preservation	NOUN
ftr-322	128	18	of	of	ADP
ftr-322	128	19	character	character	NOUN
ftr-322	128	20	of	of	ADP
ftr-322	128	21	income	income	NOUN
ftr-322	128	22	contributed	contribute	VERB
ftr-322	128	23	to	to	ADP
ftr-322	128	24	a	a	DET
ftr-322	128	25	partnership	partnership	NOUN
ftr-322	128	26	)	)	PUNCT
ftr-322	128	27	,	,	PUNCT
ftr-322	128	28	751	751	NUM
ftr-322	128	29	(	(	PUNCT
ftr-322	128	30	requiring	require	VERB
ftr-322	128	31	ratable	ratable	ADJ
ftr-322	128	32	allocation	allocation	NOUN
ftr-322	128	33	of	of	ADP
ftr-322	128	34	ordinary	ordinary	ADJ
ftr-322	128	35	and	and	CCONJ
ftr-322	128	36	capital	capital	NOUN
ftr-322	128	37	income	income	NOUN
ftr-322	128	38	and	and	CCONJ
ftr-322	128	39	loss	loss	NOUN
ftr-322	128	40	on	on	ADP
ftr-322	128	41	disposition	disposition	NOUN
ftr-322	128	42	or	or	CCONJ
ftr-322	128	43	redemption	redemption	NOUN
ftr-322	128	44	of	of	ADP
ftr-322	128	45	a	a	DET
ftr-322	128	46	partnership	partnership	NOUN
ftr-322	128	47	interest	interest	NOUN
ftr-322	128	48	)	)	PUNCT
ftr-322	128	49	.	.	PUNCT
ftr-322	129	1	2012	2012	NUM
ftr-322	129	2	]	]	PUNCT
ftr-322	129	3	special	special	ADJ
ftr-322	129	4	allocations	allocation	NOUN
ftr-322	129	5	revisited	revisit	VERB
ftr-322	129	6	353	353	NUM
ftr-322	129	7	the	the	DET
ftr-322	129	8	courts	court	NOUN
ftr-322	129	9	have	have	AUX
ftr-322	129	10	agreed	agree	VERB
ftr-322	129	11	that	that	SCONJ
ftr-322	129	12	items	item	NOUN
ftr-322	129	13	of	of	ADP
ftr-322	129	14	igld	igld	NOUN
ftr-322	129	15	should	should	AUX
ftr-322	129	16	be	be	AUX
ftr-322	129	17	taxed	tax	VERB
ftr-322	129	18	to	to	ADP
ftr-322	129	19	the	the	DET
ftr-322	129	20	person	person	NOUN
ftr-322	129	21	who	who	PRON
ftr-322	129	22	economically	economically	ADV
ftr-322	129	23	owns	own	VERB
ftr-322	129	24	them	they	PRON
ftr-322	129	25	,	,	PUNCT
ftr-322	129	26	not	not	PART
ftr-322	129	27	to	to	ADP
ftr-322	129	28	someone	someone	PRON
ftr-322	129	29	else	else	ADV
ftr-322	129	30	.	.	PUNCT
ftr-322	130	1	15	15	NUM
ftr-322	130	2	permitting	permit	VERB
ftr-322	130	3	special	special	ADJ
ftr-322	130	4	allocations	allocation	NOUN
ftr-322	130	5	seems	seem	VERB
ftr-322	130	6	to	to	PART
ftr-322	130	7	fly	fly	VERB
ftr-322	130	8	in	in	ADP
ftr-322	130	9	the	the	DET
ftr-322	130	10	face	face	NOUN
ftr-322	130	11	of	of	ADP
ftr-322	130	12	this	this	DET
ftr-322	130	13	general	general	ADJ
ftr-322	130	14	tax	tax	NOUN
ftr-322	130	15	principle	principle	NOUN
ftr-322	130	16	since	since	SCONJ
ftr-322	130	17	,	,	PUNCT
ftr-322	130	18	by	by	ADP
ftr-322	130	19	definition	definition	NOUN
ftr-322	130	20	,	,	PUNCT
ftr-322	130	21	the	the	DET
ftr-322	130	22	special	special	ADJ
ftr-322	130	23	allocation	allocation	NOUN
ftr-322	130	24	creates	create	VERB
ftr-322	130	25	a	a	DET
ftr-322	130	26	divergence	divergence	NOUN
ftr-322	130	27	between	between	ADP
ftr-322	130	28	a	a	DET
ftr-322	130	29	partner‘s	partner‘s	ADJ
ftr-322	130	30	quantum	quantum	NOUN
ftr-322	130	31	of	of	ADP
ftr-322	130	32	ownership	ownership	NOUN
ftr-322	130	33	of	of	ADP
ftr-322	130	34	partnership	partnership	NOUN
ftr-322	130	35	property	property	NOUN
ftr-322	130	36	and	and	CCONJ
ftr-322	130	37	the	the	DET
ftr-322	130	38	extent	extent	NOUN
ftr-322	130	39	to	to	PART
ftr-322	130	40	which	which	PRON
ftr-322	130	41	the	the	DET
ftr-322	130	42	partner	partner	NOUN
ftr-322	130	43	enjoys	enjoy	VERB
ftr-322	130	44	or	or	CCONJ
ftr-322	130	45	bears	bear	VERB
ftr-322	130	46	a	a	DET
ftr-322	130	47	particular	particular	ADJ
ftr-322	130	48	item	item	NOUN
ftr-322	130	49	of	of	ADP
ftr-322	130	50	igld	igld	ADJ
ftr-322	130	51	in	in	ADP
ftr-322	130	52	respect	respect	NOUN
ftr-322	130	53	of	of	ADP
ftr-322	130	54	partnership	partnership	NOUN
ftr-322	130	55	property	property	NOUN
ftr-322	130	56	.	.	PUNCT
ftr-322	131	1	one	one	PRON
ftr-322	131	2	might	might	AUX
ftr-322	131	3	respond	respond	VERB
ftr-322	131	4	that	that	SCONJ
ftr-322	131	5	congress	congress	PROPN
ftr-322	131	6	has	have	AUX
ftr-322	131	7	overridden	override	VERB
ftr-322	131	8	the	the	DET
ftr-322	131	9	principle	principle	NOUN
ftr-322	131	10	in	in	ADP
ftr-322	131	11	the	the	DET
ftr-322	131	12	special	special	ADJ
ftr-322	131	13	allocation	allocation	NOUN
ftr-322	131	14	area	area	NOUN
ftr-322	131	15	in	in	ADP
ftr-322	131	16	favor	favor	NOUN
ftr-322	131	17	of	of	ADP
ftr-322	131	18	a	a	DET
ftr-322	131	19	weaker	weak	ADJ
ftr-322	131	20	rule	rule	NOUN
ftr-322	131	21	that	that	PRON
ftr-322	131	22	permits	permit	VERB
ftr-322	131	23	income	income	NOUN
ftr-322	131	24	assignments	assignment	NOUN
ftr-322	131	25	when	when	SCONJ
ftr-322	131	26	they	they	PRON
ftr-322	131	27	are	be	AUX
ftr-322	131	28	a	a	DET
ftr-322	131	29	consequence	consequence	NOUN
ftr-322	131	30	of	of	ADP
ftr-322	131	31	,	,	PUNCT
ftr-322	131	32	but	but	CCONJ
ftr-322	131	33	not	not	PART
ftr-322	131	34	the	the	DET
ftr-322	131	35	motivating	motivating	NOUN
ftr-322	131	36	force	force	NOUN
ftr-322	131	37	behind	behind	ADP
ftr-322	131	38	,	,	PUNCT
ftr-322	131	39	an	an	DET
ftr-322	131	40	otherwise	otherwise	ADV
ftr-322	131	41	business	business	NOUN
ftr-322	131	42	-	-	PUNCT
ftr-322	131	43	driven	drive	VERB
ftr-322	131	44	allocation	allocation	NOUN
ftr-322	131	45	.	.	PUNCT
ftr-322	132	1	but	but	CCONJ
ftr-322	132	2	congress‘s	congress‘s	NOUN
ftr-322	132	3	concern	concern	NOUN
ftr-322	132	4	to	to	PART
ftr-322	132	5	avoid	avoid	VERB
ftr-322	132	6	such	such	ADJ
ftr-322	132	7	assignments	assignment	NOUN
ftr-322	132	8	in	in	ADP
ftr-322	132	9	other	other	ADJ
ftr-322	132	10	areas	area	NOUN
ftr-322	132	11	of	of	ADP
ftr-322	132	12	subchapter	subchapter	NOUN
ftr-322	132	13	k	k	NOUN
ftr-322	132	14	,	,	PUNCT
ftr-322	132	15	together	together	ADV
ftr-322	132	16	with	with	ADP
ftr-322	132	17	the	the	DET
ftr-322	132	18	emerging	emerge	VERB
ftr-322	132	19	consensus	consensus	NOUN
ftr-322	132	20	among	among	ADP
ftr-322	132	21	tax	tax	NOUN
ftr-322	132	22	scholars	scholar	NOUN
ftr-322	132	23	that	that	PRON
ftr-322	132	24	most	most	ADJ
ftr-322	132	25	special	special	ADJ
ftr-322	132	26	assignments	assignment	NOUN
ftr-322	132	27	are	be	AUX
ftr-322	132	28	tax	tax	NOUN
ftr-322	132	29	-	-	PUNCT
ftr-322	132	30	motivated	motivated	ADJ
ftr-322	132	31	,	,	PUNCT
ftr-322	132	32	suggest	suggest	VERB
ftr-322	132	33	it	it	PRON
ftr-322	132	34	is	be	AUX
ftr-322	132	35	time	time	NOUN
ftr-322	132	36	to	to	PART
ftr-322	132	37	reconsider	reconsider	VERB
ftr-322	132	38	that	that	DET
ftr-322	132	39	decision	decision	NOUN
ftr-322	132	40	.	.	PUNCT
ftr-322	133	1	16	16	NUM
ftr-322	133	2	assignment	assignment	NOUN
ftr-322	133	3	generally	generally	ADV
ftr-322	133	4	comes	come	VERB
ftr-322	133	5	in	in	ADP
ftr-322	133	6	two	two	NUM
ftr-322	133	7	flavors	flavor	NOUN
ftr-322	133	8	,	,	PUNCT
ftr-322	133	9	but	but	CCONJ
ftr-322	133	10	most	most	ADJ
ftr-322	133	11	special	special	ADJ
ftr-322	133	12	allocation	allocation	NOUN
ftr-322	133	13	problems	problem	NOUN
ftr-322	133	14	concern	concern	VERB
ftr-322	133	15	just	just	ADV
ftr-322	133	16	one	one	NUM
ftr-322	133	17	:	:	PUNCT
ftr-322	133	18	the	the	DET
ftr-322	133	19	inappropriate	inappropriate	ADJ
ftr-322	133	20	assignment	assignment	NOUN
ftr-322	133	21	of	of	ADP
ftr-322	133	22	character	character	NOUN
ftr-322	133	23	,	,	PUNCT
ftr-322	133	24	or	or	CCONJ
ftr-322	133	25	type	type	NOUN
ftr-322	133	26	of	of	ADP
ftr-322	133	27	income	income	NOUN
ftr-322	133	28	,	,	PUNCT
ftr-322	133	29	from	from	ADP
ftr-322	133	30	one	one	NUM
ftr-322	133	31	partner	partner	NOUN
ftr-322	133	32	to	to	ADP
ftr-322	133	33	another	another	PRON
ftr-322	133	34	.	.	PUNCT
ftr-322	134	1	the	the	DET
ftr-322	134	2	other	other	ADJ
ftr-322	134	3	principal	principal	ADJ
ftr-322	134	4	form	form	NOUN
ftr-322	134	5	of	of	ADP
ftr-322	134	6	assignment	assignment	NOUN
ftr-322	134	7	,	,	PUNCT
ftr-322	134	8	of	of	ADP
ftr-322	134	9	amount	amount	NOUN
ftr-322	134	10	,	,	PUNCT
ftr-322	134	11	is	be	AUX
ftr-322	134	12	less	less	ADV
ftr-322	134	13	common	common	ADJ
ftr-322	134	14	.	.	PUNCT
ftr-322	135	1	in	in	ADP
ftr-322	135	2	a	a	DET
ftr-322	135	3	typical	typical	ADJ
ftr-322	135	4	character	character	NOUN
ftr-322	135	5	assignment	assignment	NOUN
ftr-322	135	6	,	,	PUNCT
ftr-322	135	7	each	each	DET
ftr-322	135	8	partner	partner	NOUN
ftr-322	135	9	assigns	assign	VERB
ftr-322	135	10	one	one	NUM
ftr-322	135	11	type	type	NOUN
ftr-322	135	12	of	of	ADP
ftr-322	135	13	partnership	partnership	NOUN
ftr-322	135	14	item	item	NOUN
ftr-322	135	15	in	in	ADP
ftr-322	135	16	exchange	exchange	NOUN
ftr-322	135	17	for	for	ADP
ftr-322	135	18	another	another	PRON
ftr-322	135	19	that	that	PRON
ftr-322	135	20	is	be	AUX
ftr-322	135	21	of	of	ADP
ftr-322	135	22	greater	great	ADJ
ftr-322	135	23	value	value	NOUN
ftr-322	135	24	to	to	ADP
ftr-322	135	25	the	the	DET
ftr-322	135	26	transferor	transferor	NOUN
ftr-322	135	27	than	than	ADP
ftr-322	135	28	what	what	PRON
ftr-322	135	29	was	be	AUX
ftr-322	135	30	surrendered	surrender	VERB
ftr-322	135	31	,	,	PUNCT
ftr-322	135	32	the	the	DET
ftr-322	135	33	increased	increase	VERB
ftr-322	135	34	value	value	NOUN
ftr-322	135	35	coming	come	VERB
ftr-322	135	36	in	in	ADP
ftr-322	135	37	the	the	DET
ftr-322	135	38	form	form	NOUN
ftr-322	135	39	of	of	ADP
ftr-322	135	40	tax	tax	NOUN
ftr-322	135	41	benefits	benefit	NOUN
ftr-322	135	42	.	.	PUNCT
ftr-322	136	1	by	by	ADP
ftr-322	136	2	contrast	contrast	NOUN
ftr-322	136	3	,	,	PUNCT
ftr-322	136	4	in	in	ADP
ftr-322	136	5	an	an	DET
ftr-322	136	6	―amount‖	―amount‖	PROPN
ftr-322	136	7	assignment	assignment	NOUN
ftr-322	136	8	,	,	PUNCT
ftr-322	136	9	an	an	DET
ftr-322	136	10	item	item	NOUN
ftr-322	136	11	is	be	AUX
ftr-322	136	12	simply	simply	ADV
ftr-322	136	13	shifted	shift	VERB
ftr-322	136	14	from	from	ADP
ftr-322	136	15	one	one	NUM
ftr-322	136	16	person	person	NOUN
ftr-322	136	17	to	to	ADP
ftr-322	136	18	another	another	PRON
ftr-322	136	19	but	but	CCONJ
ftr-322	136	20	not	not	PART
ftr-322	136	21	in	in	ADP
ftr-322	136	22	a	a	DET
ftr-322	136	23	reciprocal	reciprocal	ADJ
ftr-322	136	24	arrangement	arrangement	NOUN
ftr-322	136	25	,	,	PUNCT
ftr-322	136	26	again	again	ADV
ftr-322	136	27	with	with	ADP
ftr-322	136	28	attendant	attendant	ADJ
ftr-322	136	29	tax	tax	NOUN
ftr-322	136	30	benefits	benefit	NOUN
ftr-322	136	31	.	.	PUNCT
ftr-322	137	1	17	17	NUM
ftr-322	137	2	assignments	assignment	NOUN
ftr-322	137	3	of	of	ADP
ftr-322	137	4	amount	amount	NOUN
ftr-322	137	5	tend	tend	VERB
ftr-322	137	6	to	to	PART
ftr-322	137	7	arise	arise	VERB
ftr-322	137	8	in	in	ADP
ftr-322	137	9	settings	setting	NOUN
ftr-322	137	10	in	in	ADP
ftr-322	137	11	which	which	PRON
ftr-322	137	12	a	a	DET
ftr-322	137	13	15	15	NUM
ftr-322	137	14	.	.	PUNCT
ftr-322	138	1	examples	example	NOUN
ftr-322	138	2	of	of	ADP
ftr-322	138	3	this	this	DET
ftr-322	138	4	policy	policy	NOUN
ftr-322	138	5	in	in	ADP
ftr-322	138	6	the	the	DET
ftr-322	138	7	code	code	NOUN
ftr-322	138	8	include	include	VERB
ftr-322	138	9	the	the	DET
ftr-322	138	10	rules	rule	NOUN
ftr-322	138	11	in	in	ADP
ftr-322	138	12	subchapter	subchapter	NOUN
ftr-322	138	13	k	k	PROPN
ftr-322	138	14	cited	cite	VERB
ftr-322	138	15	in	in	ADP
ftr-322	138	16	note	note	NOUN
ftr-322	138	17	fourteen	fourteen	NUM
ftr-322	138	18	as	as	ADV
ftr-322	138	19	well	well	ADV
ftr-322	138	20	as	as	ADP
ftr-322	138	21	numerous	numerous	ADJ
ftr-322	138	22	provisions	provision	NOUN
ftr-322	138	23	outside	outside	ADP
ftr-322	138	24	of	of	ADP
ftr-322	138	25	subchapter	subchapter	NOUN
ftr-322	138	26	k.	k.	PROPN
ftr-322	138	27	see	see	VERB
ftr-322	138	28	rules	rule	NOUN
ftr-322	138	29	cited	cite	VERB
ftr-322	138	30	supra	supra	PROPN
ftr-322	138	31	note	note	PROPN
ftr-322	138	32	14	14	NUM
ftr-322	138	33	;	;	PUNCT
ftr-322	138	34	see	see	VERB
ftr-322	138	35	,	,	PUNCT
ftr-322	138	36	e.g.	e.g.	ADV
ftr-322	138	37	,	,	PUNCT
ftr-322	138	38	i.r.c	i.r.c	NOUN
ftr-322	138	39	.	.	PUNCT
ftr-322	139	1	§	§	PROPN
ftr-322	139	2	§	§	PROPN
ftr-322	139	3	1(g	1(g	NUM
ftr-322	139	4	)	)	PUNCT
ftr-322	139	5	(	(	PUNCT
ftr-322	139	6	investment	investment	NOUN
ftr-322	139	7	income	income	NOUN
ftr-322	139	8	of	of	ADP
ftr-322	139	9	minor	minor	ADJ
ftr-322	139	10	children	child	NOUN
ftr-322	139	11	taxed	tax	VERB
ftr-322	139	12	to	to	ADP
ftr-322	139	13	parents	parent	NOUN
ftr-322	139	14	on	on	ADP
ftr-322	139	15	theory	theory	NOUN
ftr-322	139	16	that	that	SCONJ
ftr-322	139	17	parents	parent	NOUN
ftr-322	139	18	are	be	AUX
ftr-322	139	19	owners	owner	NOUN
ftr-322	139	20	of	of	ADP
ftr-322	139	21	the	the	DET
ftr-322	139	22	investments	investment	NOUN
ftr-322	139	23	)	)	PUNCT
ftr-322	139	24	,	,	PUNCT
ftr-322	139	25	132(a)(2	132(a)(2	NUM
ftr-322	139	26	)	)	PUNCT
ftr-322	139	27	(	(	PUNCT
ftr-322	139	28	fringe	fringe	NOUN
ftr-322	139	29	benefits	benefit	NOUN
ftr-322	139	30	provided	provide	VERB
ftr-322	139	31	to	to	ADP
ftr-322	139	32	dependents	dependent	NOUN
ftr-322	139	33	of	of	ADP
ftr-322	139	34	employees	employee	NOUN
ftr-322	139	35	are	be	AUX
ftr-322	139	36	taxed	tax	VERB
ftr-322	139	37	to	to	ADP
ftr-322	139	38	the	the	DET
ftr-322	139	39	employees	employee	NOUN
ftr-322	139	40	)	)	PUNCT
ftr-322	139	41	,	,	PUNCT
ftr-322	139	42	382	382	NUM
ftr-322	139	43	(	(	PUNCT
ftr-322	139	44	limiting	limit	VERB
ftr-322	139	45	availability	availability	NOUN
ftr-322	139	46	to	to	ADP
ftr-322	139	47	an	an	DET
ftr-322	139	48	acquiring	acquire	VERB
ftr-322	139	49	corporation	corporation	NOUN
ftr-322	139	50	of	of	ADP
ftr-322	139	51	an	an	DET
ftr-322	139	52	acquired	acquire	VERB
ftr-322	139	53	corporation‘s	corporation‘s	PROPN
ftr-322	139	54	net	net	ADJ
ftr-322	139	55	operating	operating	NOUN
ftr-322	139	56	losses	loss	NOUN
ftr-322	139	57	)	)	PUNCT
ftr-322	139	58	.	.	PUNCT
ftr-322	140	1	the	the	DET
ftr-322	140	2	policy	policy	NOUN
ftr-322	140	3	of	of	ADP
ftr-322	140	4	disallowing	disallow	VERB
ftr-322	140	5	income	income	NOUN
ftr-322	140	6	assignments	assignment	NOUN
ftr-322	140	7	was	be	AUX
ftr-322	140	8	forcefully	forcefully	ADV
ftr-322	140	9	articulated	articulate	VERB
ftr-322	140	10	in	in	ADP
ftr-322	140	11	earl	earl	PROPN
ftr-322	140	12	,	,	PUNCT
ftr-322	140	13	281	281	NUM
ftr-322	140	14	u.s	u.s	PROPN
ftr-322	140	15	.	.	PROPN
ftr-322	140	16	at	at	ADP
ftr-322	140	17	113	113	NUM
ftr-322	140	18	(	(	PUNCT
ftr-322	140	19	no	no	DET
ftr-322	140	20	anticipatory	anticipatory	ADJ
ftr-322	140	21	assignment	assignment	NOUN
ftr-322	140	22	of	of	ADP
ftr-322	140	23	income	income	NOUN
ftr-322	140	24	from	from	ADP
ftr-322	140	25	husband	husband	NOUN
ftr-322	140	26	to	to	ADP
ftr-322	140	27	wife	wife	NOUN
ftr-322	140	28	where	where	SCONJ
ftr-322	140	29	the	the	DET
ftr-322	140	30	wife	wife	NOUN
ftr-322	140	31	was	be	AUX
ftr-322	140	32	in	in	ADP
ftr-322	140	33	a	a	DET
ftr-322	140	34	lower	low	ADJ
ftr-322	140	35	tax	tax	NOUN
ftr-322	140	36	bracket	bracket	NOUN
ftr-322	140	37	)	)	PUNCT
ftr-322	140	38	.	.	PUNCT
ftr-322	141	1	see	see	VERB
ftr-322	141	2	also	also	ADV
ftr-322	141	3	commissioner	commissioner	PROPN
ftr-322	141	4	v.	v.	PROPN
ftr-322	141	5	culbertson	culbertson	PROPN
ftr-322	141	6	,	,	PUNCT
ftr-322	141	7	337	337	NUM
ftr-322	141	8	u.s	u.s	PROPN
ftr-322	141	9	.	.	PROPN
ftr-322	141	10	733	733	NUM
ftr-322	141	11	,	,	PUNCT
ftr-322	141	12	739–40	739–40	NUM
ftr-322	141	13	(	(	PUNCT
ftr-322	141	14	1949	1949	NUM
ftr-322	141	15	)	)	PUNCT
ftr-322	141	16	(	(	PUNCT
ftr-322	141	17	―to	―to	NOUN
ftr-322	141	18	hold	hold	VERB
ftr-322	141	19	that	that	SCONJ
ftr-322	141	20	‗individuals	‗individual	NOUN
ftr-322	141	21	carrying	carry	VERB
ftr-322	141	22	on	on	ADP
ftr-322	141	23	business	business	NOUN
ftr-322	141	24	in	in	ADP
ftr-322	141	25	partnership	partnership	NOUN
ftr-322	141	26	‘	'	PUNCT
ftr-322	141	27	include	include	VERB
ftr-322	141	28	persons	person	NOUN
ftr-322	141	29	who	who	PRON
ftr-322	141	30	contribute	contribute	VERB
ftr-322	141	31	nothing	nothing	PRON
ftr-322	141	32	during	during	ADP
ftr-322	141	33	the	the	DET
ftr-322	141	34	tax	tax	NOUN
ftr-322	141	35	period	period	NOUN
ftr-322	141	36	would	would	AUX
ftr-322	141	37	violate	violate	VERB
ftr-322	141	38	the	the	DET
ftr-322	141	39	first	first	ADJ
ftr-322	141	40	principle	principle	NOUN
ftr-322	141	41	of	of	ADP
ftr-322	141	42	income	income	NOUN
ftr-322	141	43	taxation	taxation	NOUN
ftr-322	141	44	:	:	PUNCT
ftr-322	141	45	that	that	SCONJ
ftr-322	141	46	income	income	NOUN
ftr-322	141	47	must	must	AUX
ftr-322	141	48	be	be	AUX
ftr-322	141	49	taxed	tax	VERB
ftr-322	141	50	to	to	ADP
ftr-322	141	51	him	he	PRON
ftr-322	141	52	who	who	PRON
ftr-322	141	53	earns	earn	VERB
ftr-322	141	54	it.‖	it.‖	NOUN
ftr-322	141	55	)	)	PUNCT
ftr-322	141	56	.	.	PUNCT
ftr-322	142	1	16	16	NUM
ftr-322	142	2	.	.	PUNCT
ftr-322	143	1	see	see	VERB
ftr-322	143	2	,	,	PUNCT
ftr-322	143	3	e.g.	e.g.	ADV
ftr-322	143	4	,	,	PUNCT
ftr-322	143	5	gergen	gergen	ADV
ftr-322	143	6	,	,	PUNCT
ftr-322	143	7	compensating	compensate	VERB
ftr-322	143	8	service	service	NOUN
ftr-322	143	9	partners	partner	NOUN
ftr-322	143	10	,	,	PUNCT
ftr-322	143	11	supra	supra	PROPN
ftr-322	143	12	note	note	NOUN
ftr-322	143	13	9	9	NUM
ftr-322	143	14	;	;	PUNCT
ftr-322	143	15	gergen	gergen	X
ftr-322	143	16	,	,	PUNCT
ftr-322	143	17	special	special	ADJ
ftr-322	143	18	allocations	allocation	NOUN
ftr-322	143	19	,	,	PUNCT
ftr-322	143	20	supra	supra	PROPN
ftr-322	143	21	note	note	PROPN
ftr-322	143	22	8	8	NUM
ftr-322	143	23	;	;	PUNCT
ftr-322	144	1	calvin	calvin	PROPN
ftr-322	144	2	h.	h.	PROPN
ftr-322	144	3	johnson	johnson	PROPN
ftr-322	144	4	,	,	PUNCT
ftr-322	144	5	partnership	partnership	NOUN
ftr-322	144	6	allocations	allocation	NOUN
ftr-322	144	7	from	from	ADP
ftr-322	144	8	nickel	nickel	NOUN
ftr-322	144	9	-	-	PUNCT
ftr-322	144	10	on	on	ADP
ftr-322	144	11	-	-	PUNCT
ftr-322	144	12	the	the	DET
ftr-322	144	13	-	-	PUNCT
ftr-322	144	14	dollar	dollar	NOUN
ftr-322	144	15	substance	substance	NOUN
ftr-322	144	16	,	,	PUNCT
ftr-322	144	17	134	134	NUM
ftr-322	144	18	tax	tax	NOUN
ftr-322	144	19	notes	note	NOUN
ftr-322	144	20	873	873	NUM
ftr-322	144	21	(	(	PUNCT
ftr-322	144	22	feb	feb	PROPN
ftr-322	144	23	.	.	PROPN
ftr-322	144	24	13	13	NUM
ftr-322	144	25	,	,	PUNCT
ftr-322	144	26	2012	2012	NUM
ftr-322	144	27	)	)	PUNCT
ftr-322	144	28	;	;	PUNCT
ftr-322	144	29	polsky	polsky	NOUN
ftr-322	144	30	,	,	PUNCT
ftr-322	144	31	tax	tax	NOUN
ftr-322	144	32	-	-	PUNCT
ftr-322	144	33	driven	drive	VERB
ftr-322	144	34	allocations	allocation	NOUN
ftr-322	144	35	,	,	PUNCT
ftr-322	144	36	supra	supra	PROPN
ftr-322	144	37	note	note	NOUN
ftr-322	144	38	9	9	NUM
ftr-322	144	39	;	;	PUNCT
ftr-322	144	40	yin	yin	NOUN
ftr-322	144	41	,	,	PUNCT
ftr-322	144	42	future	future	ADJ
ftr-322	144	43	taxation	taxation	NOUN
ftr-322	144	44	,	,	PUNCT
ftr-322	144	45	supra	supra	PROPN
ftr-322	144	46	note	note	NOUN
ftr-322	144	47	3	3	NUM
ftr-322	144	48	.	.	NOUN
ftr-322	144	49	17	17	NUM
ftr-322	144	50	.	.	PUNCT
ftr-322	145	1	boris	boris	PROPN
ftr-322	145	2	i.	i.	PROPN
ftr-322	145	3	bittker	bittker	PROPN
ftr-322	145	4	&	&	CCONJ
ftr-322	145	5	lawrence	lawrence	PROPN
ftr-322	145	6	lokken	lokken	PROPN
ftr-322	145	7	,	,	PUNCT
ftr-322	145	8	federal	federal	ADJ
ftr-322	145	9	taxation	taxation	NOUN
ftr-322	145	10	of	of	ADP
ftr-322	145	11	income	income	NOUN
ftr-322	145	12	,	,	PUNCT
ftr-322	145	13	estates	estate	NOUN
ftr-322	145	14	&	&	CCONJ
ftr-322	145	15	gifts	gift	NOUN
ftr-322	145	16	¶	¶	PROPN
ftr-322	145	17	75.2	75.2	NUM
ftr-322	145	18	(	(	PUNCT
ftr-322	145	19	2007	2007	NUM
ftr-322	145	20	)	)	PUNCT
ftr-322	146	1	[	[	X
ftr-322	146	2	hereinafter	hereinafter	NOUN
ftr-322	146	3	bittker	bittker	NOUN
ftr-322	146	4	&	&	CCONJ
ftr-322	146	5	lokken	lokken	PROPN
ftr-322	146	6	,	,	PUNCT
ftr-322	146	7	federal	federal	ADJ
ftr-322	146	8	taxation	taxation	NOUN
ftr-322	146	9	]	]	PUNCT
ftr-322	146	10	.	.	PUNCT
ftr-322	147	1	typical	typical	ADJ
ftr-322	147	2	situations	situation	NOUN
ftr-322	147	3	include	include	VERB
ftr-322	147	4	assignments	assignment	NOUN
ftr-322	147	5	from	from	ADP
ftr-322	147	6	one	one	NUM
ftr-322	147	7	family	family	NOUN
ftr-322	147	8	member	member	NOUN
ftr-322	147	9	to	to	ADP
ftr-322	147	10	another	another	PRON
ftr-322	147	11	or	or	CCONJ
ftr-322	147	12	from	from	ADP
ftr-322	147	13	a	a	DET
ftr-322	147	14	donor	donor	NOUN
ftr-322	147	15	of	of	ADP
ftr-322	147	16	one	one	NUM
ftr-322	147	17	kind	kind	NOUN
ftr-322	147	18	or	or	CCONJ
ftr-322	147	19	another	another	PRON
ftr-322	147	20	to	to	ADP
ftr-322	147	21	a	a	DET
ftr-322	147	22	donee	donee	NOUN
ftr-322	147	23	.	.	PUNCT
ftr-322	148	1	by	by	ADP
ftr-322	148	2	contrast	contrast	NOUN
ftr-322	148	3	,	,	PUNCT
ftr-322	148	4	because	because	SCONJ
ftr-322	148	5	354	354	NUM
ftr-322	148	6	florida	florida	PROPN
ftr-322	148	7	tax	tax	NOUN
ftr-322	148	8	review	review	NOUN
ftr-322	148	9	[	[	X
ftr-322	148	10	vol	vol	NOUN
ftr-322	148	11	.	.	PUNCT
ftr-322	149	1	13:7	13:7	NUM
ftr-322	149	2	special	special	ADJ
ftr-322	149	3	relationship	relationship	NOUN
ftr-322	149	4	between	between	ADP
ftr-322	149	5	the	the	DET
ftr-322	149	6	assignor	assignor	NOUN
ftr-322	149	7	and	and	CCONJ
ftr-322	149	8	assignee	assignee	NOUN
ftr-322	149	9	makes	make	VERB
ftr-322	149	10	the	the	DET
ftr-322	149	11	assignment	assignment	NOUN
ftr-322	149	12	desirable	desirable	ADJ
ftr-322	149	13	,	,	PUNCT
ftr-322	149	14	such	such	ADJ
ftr-322	149	15	as	as	ADP
ftr-322	149	16	between	between	ADP
ftr-322	149	17	family	family	NOUN
ftr-322	149	18	members	member	NOUN
ftr-322	149	19	.	.	PUNCT
ftr-322	150	1	by	by	ADP
ftr-322	150	2	contrast	contrast	NOUN
ftr-322	150	3	,	,	PUNCT
ftr-322	150	4	character	character	NOUN
ftr-322	150	5	assignments	assignment	NOUN
ftr-322	150	6	generally	generally	ADV
ftr-322	150	7	create	create	VERB
ftr-322	150	8	net	net	ADJ
ftr-322	150	9	after	after	ADP
ftr-322	150	10	-	-	PUNCT
ftr-322	150	11	tax	tax	NOUN
ftr-322	150	12	value	value	NOUN
ftr-322	150	13	to	to	ADP
ftr-322	150	14	both	both	PRON
ftr-322	150	15	of	of	ADP
ftr-322	150	16	the	the	DET
ftr-322	150	17	parties	party	NOUN
ftr-322	150	18	involved	involve	VERB
ftr-322	150	19	.	.	PUNCT
ftr-322	151	1	character	character	NOUN
ftr-322	151	2	assignments	assignment	NOUN
ftr-322	151	3	may	may	AUX
ftr-322	151	4	be	be	AUX
ftr-322	151	5	desirable	desirable	ADJ
ftr-322	151	6	to	to	ADP
ftr-322	151	7	the	the	DET
ftr-322	151	8	partners	partner	NOUN
ftr-322	151	9	because	because	SCONJ
ftr-322	151	10	the	the	DET
ftr-322	151	11	character	character	NOUN
ftr-322	151	12	of	of	ADP
ftr-322	151	13	income	income	NOUN
ftr-322	151	14	,	,	PUNCT
ftr-322	151	15	unlike	unlike	ADP
ftr-322	151	16	its	its	PRON
ftr-322	151	17	amount	amount	NOUN
ftr-322	151	18	,	,	PUNCT
ftr-322	151	19	may	may	AUX
ftr-322	151	20	have	have	VERB
ftr-322	151	21	variable	variable	ADJ
ftr-322	151	22	tax	tax	NOUN
ftr-322	151	23	effect	effect	NOUN
ftr-322	151	24	but	but	CCONJ
ftr-322	151	25	not	not	PART
ftr-322	151	26	non	non	ADJ
ftr-322	151	27	-	-	ADJ
ftr-322	151	28	tax	tax	ADJ
ftr-322	151	29	economic	economic	ADJ
ftr-322	151	30	effect	effect	NOUN
ftr-322	151	31	.	.	PUNCT
ftr-322	152	1	as	as	ADP
ftr-322	152	2	examples	example	NOUN
ftr-322	152	3	,	,	PUNCT
ftr-322	152	4	on	on	ADP
ftr-322	152	5	a	a	DET
ftr-322	152	6	pre	pre	ADJ
ftr-322	152	7	-	-	ADJ
ftr-322	152	8	tax	tax	ADJ
ftr-322	152	9	basis	basis	NOUN
ftr-322	152	10	,	,	PUNCT
ftr-322	152	11	tax	tax	NOUN
ftr-322	152	12	-	-	PUNCT
ftr-322	152	13	exempt	exempt	ADJ
ftr-322	152	14	interest	interest	NOUN
ftr-322	152	15	is	be	AUX
ftr-322	152	16	no	no	ADV
ftr-322	152	17	different	different	ADJ
ftr-322	152	18	from	from	ADP
ftr-322	152	19	taxable	taxable	ADJ
ftr-322	152	20	interest	interest	NOUN
ftr-322	152	21	,	,	PUNCT
ftr-322	152	22	and	and	CCONJ
ftr-322	152	23	capital	capital	NOUN
ftr-322	152	24	income	income	NOUN
ftr-322	152	25	is	be	AUX
ftr-322	152	26	not	not	PART
ftr-322	152	27	different	different	ADJ
ftr-322	152	28	from	from	ADP
ftr-322	152	29	ordinary	ordinary	ADJ
ftr-322	152	30	income	income	NOUN
ftr-322	152	31	.	.	PUNCT
ftr-322	153	1	a	a	DET
ftr-322	153	2	taxpayer	taxpayer	NOUN
ftr-322	153	3	is	be	AUX
ftr-322	153	4	indifferent	indifferent	ADJ
ftr-322	153	5	on	on	ADP
ftr-322	153	6	a	a	DET
ftr-322	153	7	pre	pre	ADJ
ftr-322	153	8	-	-	ADJ
ftr-322	153	9	tax	tax	ADJ
ftr-322	153	10	basis	basis	NOUN
ftr-322	153	11	between	between	ADP
ftr-322	153	12	a	a	DET
ftr-322	153	13	dollar	dollar	NOUN
ftr-322	153	14	of	of	ADP
ftr-322	153	15	one	one	NUM
ftr-322	153	16	and	and	CCONJ
ftr-322	153	17	a	a	DET
ftr-322	153	18	dollar	dollar	NOUN
ftr-322	153	19	of	of	ADP
ftr-322	153	20	the	the	DET
ftr-322	153	21	other	other	ADJ
ftr-322	153	22	.	.	PUNCT
ftr-322	154	1	however	however	ADV
ftr-322	154	2	,	,	PUNCT
ftr-322	154	3	on	on	ADP
ftr-322	154	4	an	an	DET
ftr-322	154	5	after	after	ADP
ftr-322	154	6	-	-	PUNCT
ftr-322	154	7	tax	tax	NOUN
ftr-322	154	8	basis	basis	NOUN
ftr-322	154	9	,	,	PUNCT
ftr-322	154	10	different	different	ADJ
ftr-322	154	11	partners	partner	NOUN
ftr-322	154	12	,	,	PUNCT
ftr-322	154	13	because	because	SCONJ
ftr-322	154	14	of	of	ADP
ftr-322	154	15	their	their	PRON
ftr-322	154	16	particular	particular	ADJ
ftr-322	154	17	tax	tax	NOUN
ftr-322	154	18	situations	situation	NOUN
ftr-322	154	19	,	,	PUNCT
ftr-322	154	20	may	may	AUX
ftr-322	154	21	place	place	VERB
ftr-322	154	22	different	different	ADJ
ftr-322	154	23	values	value	NOUN
ftr-322	154	24	on	on	ADP
ftr-322	154	25	the	the	DET
ftr-322	154	26	different	different	ADJ
ftr-322	154	27	types	type	NOUN
ftr-322	154	28	of	of	ADP
ftr-322	154	29	income	income	NOUN
ftr-322	154	30	.	.	PUNCT
ftr-322	155	1	a	a	DET
ftr-322	155	2	partner	partner	NOUN
ftr-322	155	3	in	in	ADP
ftr-322	155	4	a	a	DET
ftr-322	155	5	high	high	ADJ
ftr-322	155	6	tax	tax	NOUN
ftr-322	155	7	bracket	bracket	NOUN
ftr-322	155	8	will	will	AUX
ftr-322	155	9	gladly	gladly	ADV
ftr-322	155	10	exchange	exchange	VERB
ftr-322	155	11	one	one	NUM
ftr-322	155	12	dollar	dollar	NOUN
ftr-322	155	13	of	of	ADP
ftr-322	155	14	taxable	taxable	ADJ
ftr-322	155	15	interest	interest	NOUN
ftr-322	155	16	for	for	ADP
ftr-322	155	17	75	75	NUM
ftr-322	155	18	cents	cent	NOUN
ftr-322	155	19	of	of	ADP
ftr-322	155	20	tax	tax	NOUN
ftr-322	155	21	-	-	PUNCT
ftr-322	155	22	exempt	exempt	ADJ
ftr-322	155	23	interest	interest	NOUN
ftr-322	155	24	,	,	PUNCT
ftr-322	155	25	while	while	SCONJ
ftr-322	155	26	a	a	DET
ftr-322	155	27	tax	tax	NOUN
ftr-322	155	28	-	-	PUNCT
ftr-322	155	29	indifferent	indifferent	ADJ
ftr-322	155	30	partner	partner	NOUN
ftr-322	155	31	will	will	AUX
ftr-322	155	32	be	be	AUX
ftr-322	155	33	more	more	ADJ
ftr-322	155	34	than	than	ADP
ftr-322	155	35	happy	happy	ADJ
ftr-322	155	36	to	to	PART
ftr-322	155	37	accept	accept	VERB
ftr-322	155	38	the	the	DET
ftr-322	155	39	25	25	NUM
ftr-322	155	40	-	-	PUNCT
ftr-322	155	41	cent	cent	NOUN
ftr-322	155	42	fee	fee	NOUN
ftr-322	155	43	for	for	ADP
ftr-322	155	44	the	the	DET
ftr-322	155	45	tax	tax	NOUN
ftr-322	155	46	break	break	NOUN
ftr-322	155	47	;	;	PUNCT
ftr-322	155	48	if	if	SCONJ
ftr-322	155	49	,	,	PUNCT
ftr-322	155	50	however	however	ADV
ftr-322	155	51	,	,	PUNCT
ftr-322	155	52	the	the	DET
ftr-322	155	53	asset	asset	NOUN
ftr-322	155	54	(	(	PUNCT
ftr-322	155	55	or	or	CCONJ
ftr-322	155	56	the	the	DET
ftr-322	155	57	relevant	relevant	ADJ
ftr-322	155	58	fractional	fractional	ADJ
ftr-322	155	59	interest	interest	NOUN
ftr-322	155	60	in	in	ADP
ftr-322	155	61	it	it	PRON
ftr-322	155	62	)	)	PUNCT
ftr-322	155	63	that	that	PRON
ftr-322	155	64	gives	give	VERB
ftr-322	155	65	rise	rise	NOUN
ftr-322	155	66	to	to	ADP
ftr-322	155	67	the	the	DET
ftr-322	155	68	tax	tax	NOUN
ftr-322	155	69	-	-	PUNCT
ftr-322	155	70	exempt	exempt	ADJ
ftr-322	155	71	interest	interest	NOUN
ftr-322	155	72	is	be	AUX
ftr-322	155	73	not	not	PART
ftr-322	155	74	also	also	ADV
ftr-322	155	75	transferred	transfer	VERB
ftr-322	155	76	,	,	PUNCT
ftr-322	155	77	then	then	ADV
ftr-322	155	78	the	the	DET
ftr-322	155	79	benefits	benefit	NOUN
ftr-322	155	80	and	and	CCONJ
ftr-322	155	81	burdens	burden	NOUN
ftr-322	155	82	associated	associate	VERB
ftr-322	155	83	with	with	ADP
ftr-322	155	84	the	the	DET
ftr-322	155	85	right	right	NOUN
ftr-322	155	86	to	to	ADP
ftr-322	155	87	the	the	DET
ftr-322	155	88	interest	interest	NOUN
ftr-322	155	89	,	,	PUNCT
ftr-322	155	90	which	which	PRON
ftr-322	155	91	evidently	evidently	ADV
ftr-322	155	92	were	be	AUX
ftr-322	155	93	intended	intend	VERB
ftr-322	155	94	to	to	PART
ftr-322	155	95	be	be	AUX
ftr-322	155	96	borne	bear	VERB
ftr-322	155	97	by	by	ADP
ftr-322	155	98	the	the	DET
ftr-322	155	99	person	person	NOUN
ftr-322	155	100	enjoying	enjoy	VERB
ftr-322	155	101	the	the	DET
ftr-322	155	102	tax	tax	NOUN
ftr-322	155	103	exemption	exemption	NOUN
ftr-322	155	104	,	,	PUNCT
ftr-322	155	105	remain	remain	VERB
ftr-322	155	106	with	with	ADP
ftr-322	155	107	someone	someone	PRON
ftr-322	155	108	else	else	ADV
ftr-322	155	109	.	.	PUNCT
ftr-322	156	1	transactions	transaction	NOUN
ftr-322	156	2	such	such	ADJ
ftr-322	156	3	as	as	ADP
ftr-322	156	4	these	these	PRON
ftr-322	156	5	,	,	PUNCT
ftr-322	156	6	where	where	SCONJ
ftr-322	156	7	it	it	PRON
ftr-322	156	8	is	be	AUX
ftr-322	156	9	possible	possible	ADJ
ftr-322	156	10	to	to	PART
ftr-322	156	11	separate	separate	VERB
ftr-322	156	12	the	the	DET
ftr-322	156	13	tax	tax	NOUN
ftr-322	156	14	character	character	NOUN
ftr-322	156	15	of	of	ADP
ftr-322	156	16	an	an	DET
ftr-322	156	17	item	item	NOUN
ftr-322	156	18	of	of	ADP
ftr-322	156	19	igld	igld	ADJ
ftr-322	156	20	from	from	ADP
ftr-322	156	21	the	the	DET
ftr-322	156	22	economic	economic	ADJ
ftr-322	156	23	arrangement	arrangement	NOUN
ftr-322	156	24	that	that	PRON
ftr-322	156	25	gives	give	VERB
ftr-322	156	26	rise	rise	NOUN
ftr-322	156	27	to	to	ADP
ftr-322	156	28	the	the	DET
ftr-322	156	29	character	character	NOUN
ftr-322	156	30	,	,	PUNCT
ftr-322	156	31	by	by	ADP
ftr-322	156	32	definition	definition	NOUN
ftr-322	156	33	generate	generate	VERB
ftr-322	156	34	undesired	undesired	ADJ
ftr-322	156	35	results	result	NOUN
ftr-322	156	36	,	,	PUNCT
ftr-322	156	37	and	and	CCONJ
ftr-322	156	38	they	they	PRON
ftr-322	156	39	represent	represent	VERB
ftr-322	156	40	the	the	DET
ftr-322	156	41	central	central	ADJ
ftr-322	156	42	problem	problem	NOUN
ftr-322	156	43	that	that	SCONJ
ftr-322	156	44	special	special	ADJ
ftr-322	156	45	allocations	allocation	NOUN
ftr-322	156	46	pose	pose	VERB
ftr-322	156	47	for	for	ADP
ftr-322	156	48	the	the	DET
ftr-322	156	49	tax	tax	NOUN
ftr-322	156	50	law	law	NOUN
ftr-322	156	51	.	.	PUNCT
ftr-322	157	1	another	another	DET
ftr-322	157	2	way	way	NOUN
ftr-322	157	3	of	of	ADP
ftr-322	157	4	characterizing	characterize	VERB
ftr-322	157	5	the	the	DET
ftr-322	157	6	point	point	NOUN
ftr-322	157	7	is	be	AUX
ftr-322	157	8	to	to	PART
ftr-322	157	9	observe	observe	VERB
ftr-322	157	10	that	that	SCONJ
ftr-322	157	11	special	special	ADJ
ftr-322	157	12	allocations	allocation	NOUN
ftr-322	157	13	are	be	AUX
ftr-322	157	14	generally	generally	ADV
ftr-322	157	15	inconsistent	inconsistent	ADJ
ftr-322	157	16	with	with	ADP
ftr-322	157	17	the	the	DET
ftr-322	157	18	aggregate	aggregate	ADJ
ftr-322	157	19	theory	theory	NOUN
ftr-322	157	20	of	of	ADP
ftr-322	157	21	partnership	partnership	NOUN
ftr-322	157	22	taxation	taxation	NOUN
ftr-322	157	23	,	,	PUNCT
ftr-322	157	24	though	though	SCONJ
ftr-322	157	25	it	it	PRON
ftr-322	157	26	is	be	AUX
ftr-322	157	27	important	important	ADJ
ftr-322	157	28	to	to	PART
ftr-322	157	29	recognize	recognize	VERB
ftr-322	157	30	that	that	SCONJ
ftr-322	157	31	the	the	DET
ftr-322	157	32	aggregate	aggregate	ADJ
ftr-322	157	33	theory	theory	NOUN
ftr-322	157	34	is	be	AUX
ftr-322	157	35	more	more	ADV
ftr-322	157	36	limiting	limit	VERB
ftr-322	157	37	on	on	ADP
ftr-322	157	38	partnership	partnership	NOUN
ftr-322	157	39	economics	economic	NOUN
ftr-322	157	40	than	than	SCONJ
ftr-322	157	41	is	be	AUX
ftr-322	157	42	the	the	DET
ftr-322	157	43	idea	idea	NOUN
ftr-322	157	44	that	that	SCONJ
ftr-322	157	45	character	character	NOUN
ftr-322	157	46	assignments	assignment	NOUN
ftr-322	157	47	should	should	AUX
ftr-322	157	48	not	not	PART
ftr-322	157	49	be	be	AUX
ftr-322	157	50	permitted	permit	VERB
ftr-322	157	51	.	.	PUNCT
ftr-322	158	1	(	(	PUNCT
ftr-322	158	2	the	the	DET
ftr-322	158	3	theory	theory	NOUN
ftr-322	158	4	is	be	AUX
ftr-322	158	5	more	more	ADV
ftr-322	158	6	limiting	limiting	NOUN
ftr-322	158	7	than	than	SCONJ
ftr-322	158	8	would	would	AUX
ftr-322	158	9	be	be	AUX
ftr-322	158	10	denial	denial	NOUN
ftr-322	158	11	of	of	ADP
ftr-322	158	12	character	character	NOUN
ftr-322	158	13	assignments	assignment	NOUN
ftr-322	158	14	in	in	ADP
ftr-322	158	15	the	the	DET
ftr-322	158	16	sense	sense	NOUN
ftr-322	158	17	that	that	SCONJ
ftr-322	158	18	it	it	PRON
ftr-322	158	19	would	would	AUX
ftr-322	158	20	require	require	VERB
ftr-322	158	21	the	the	DET
ftr-322	158	22	partners	partner	NOUN
ftr-322	158	23	to	to	PART
ftr-322	158	24	treat	treat	VERB
ftr-322	158	25	themselves	themselves	PRON
ftr-322	158	26	as	as	ADP
ftr-322	158	27	having	have	VERB
ftr-322	158	28	ratable	ratable	ADJ
ftr-322	158	29	ownership	ownership	NOUN
ftr-322	158	30	even	even	ADV
ftr-322	158	31	of	of	ADP
ftr-322	158	32	partnership	partnership	NOUN
ftr-322	158	33	assets	asset	NOUN
ftr-322	158	34	within	within	ADP
ftr-322	158	35	individual	individual	ADJ
ftr-322	158	36	tax	tax	NOUN
ftr-322	158	37	classes	class	NOUN
ftr-322	158	38	,	,	PUNCT
ftr-322	158	39	despite	despite	SCONJ
ftr-322	158	40	the	the	DET
ftr-322	158	41	fact	fact	NOUN
ftr-322	158	42	that	that	SCONJ
ftr-322	158	43	no	no	DET
ftr-322	158	44	tax	tax	NOUN
ftr-322	158	45	consequences	consequence	NOUN
ftr-322	158	46	would	would	AUX
ftr-322	158	47	flow	flow	VERB
ftr-322	158	48	from	from	ADP
ftr-322	158	49	failing	fail	VERB
ftr-322	158	50	to	to	PART
ftr-322	158	51	respect	respect	VERB
ftr-322	158	52	varied	varied	ADJ
ftr-322	158	53	ownership	ownership	NOUN
ftr-322	158	54	within	within	ADP
ftr-322	158	55	individual	individual	ADJ
ftr-322	158	56	classes	class	NOUN
ftr-322	158	57	.	.	PUNCT
ftr-322	158	58	)	)	PUNCT
ftr-322	159	1	under	under	ADP
ftr-322	159	2	the	the	DET
ftr-322	159	3	aggregate	aggregate	ADJ
ftr-322	159	4	theory	theory	NOUN
ftr-322	159	5	,	,	PUNCT
ftr-322	159	6	the	the	DET
ftr-322	159	7	partners	partner	NOUN
ftr-322	159	8	are	be	AUX
ftr-322	159	9	considered	consider	VERB
ftr-322	159	10	to	to	PART
ftr-322	159	11	own	own	VERB
ftr-322	159	12	a	a	DET
ftr-322	159	13	ratable	ratable	ADJ
ftr-322	159	14	share	share	NOUN
ftr-322	159	15	of	of	ADP
ftr-322	159	16	each	each	PRON
ftr-322	159	17	of	of	ADP
ftr-322	159	18	the	the	DET
ftr-322	159	19	partnership‘s	partnership‘s	PROPN
ftr-322	159	20	assets	asset	NOUN
ftr-322	159	21	for	for	ADP
ftr-322	159	22	tax	tax	NOUN
ftr-322	159	23	purposes	purpose	NOUN
ftr-322	159	24	.	.	PUNCT
ftr-322	160	1	18	18	NUM
ftr-322	160	2	partners	partner	NOUN
ftr-322	160	3	typically	typically	ADV
ftr-322	160	4	deal	deal	VERB
ftr-322	160	5	with	with	ADP
ftr-322	160	6	each	each	DET
ftr-322	160	7	other	other	ADJ
ftr-322	160	8	at	at	ADP
ftr-322	160	9	arm‘s	arm‘s	PROPN
ftr-322	160	10	length	length	NOUN
ftr-322	160	11	,	,	PUNCT
ftr-322	160	12	they	they	PRON
ftr-322	160	13	generally	generally	ADV
ftr-322	160	14	demand	demand	VERB
ftr-322	160	15	something	something	PRON
ftr-322	160	16	of	of	ADP
ftr-322	160	17	equal	equal	ADJ
ftr-322	160	18	value	value	NOUN
ftr-322	160	19	in	in	ADP
ftr-322	160	20	exchange	exchange	NOUN
ftr-322	160	21	for	for	ADP
ftr-322	160	22	something	something	PRON
ftr-322	160	23	surrendered	surrender	VERB
ftr-322	160	24	,	,	PUNCT
ftr-322	160	25	as	as	SCONJ
ftr-322	160	26	may	may	AUX
ftr-322	160	27	arise	arise	VERB
ftr-322	160	28	in	in	ADP
ftr-322	160	29	a	a	DET
ftr-322	160	30	character	character	NOUN
ftr-322	160	31	assignment	assignment	NOUN
ftr-322	160	32	.	.	PUNCT
ftr-322	161	1	the	the	DET
ftr-322	161	2	problem	problem	NOUN
ftr-322	161	3	of	of	ADP
ftr-322	161	4	income	income	NOUN
ftr-322	161	5	assignment	assignment	NOUN
ftr-322	161	6	does	do	AUX
ftr-322	161	7	arise	arise	VERB
ftr-322	161	8	prominently	prominently	ADV
ftr-322	161	9	in	in	ADP
ftr-322	161	10	one	one	NUM
ftr-322	161	11	partnership	partnership	NOUN
ftr-322	161	12	setting	setting	NOUN
ftr-322	161	13	—	—	PUNCT
ftr-322	161	14	the	the	DET
ftr-322	161	15	case	case	NOUN
ftr-322	161	16	of	of	ADP
ftr-322	161	17	family	family	NOUN
ftr-322	161	18	partnerships	partnership	NOUN
ftr-322	161	19	,	,	PUNCT
ftr-322	161	20	in	in	ADP
ftr-322	161	21	which	which	PRON
ftr-322	161	22	older	old	ADJ
ftr-322	161	23	generations	generation	NOUN
ftr-322	161	24	of	of	ADP
ftr-322	161	25	partners	partner	NOUN
ftr-322	161	26	may	may	AUX
ftr-322	161	27	attempt	attempt	VERB
ftr-322	161	28	to	to	PART
ftr-322	161	29	pass	pass	VERB
ftr-322	161	30	partnership	partnership	NOUN
ftr-322	161	31	interests	interest	NOUN
ftr-322	161	32	to	to	ADP
ftr-322	161	33	their	their	PRON
ftr-322	161	34	offspring	offspring	NOUN
ftr-322	161	35	on	on	ADP
ftr-322	161	36	a	a	DET
ftr-322	161	37	taxfavored	taxfavore	VERB
ftr-322	161	38	basis	basis	NOUN
ftr-322	161	39	.	.	PUNCT
ftr-322	162	1	see	see	VERB
ftr-322	162	2	i.r.c	i.r.c	NOUN
ftr-322	162	3	.	.	PUNCT
ftr-322	163	1	§	§	PROPN
ftr-322	163	2	704(e)(1	704(e)(1	PROPN
ftr-322	163	3	)	)	PUNCT
ftr-322	163	4	.	.	PUNCT
ftr-322	164	1	18	18	NUM
ftr-322	164	2	.	.	PUNCT
ftr-322	165	1	a	a	DET
ftr-322	165	2	leading	lead	VERB
ftr-322	165	3	treatise	treatise	NOUN
ftr-322	165	4	offers	offer	VERB
ftr-322	165	5	the	the	DET
ftr-322	165	6	following	follow	VERB
ftr-322	165	7	characteristic	characteristic	ADJ
ftr-322	165	8	description	description	NOUN
ftr-322	165	9	of	of	ADP
ftr-322	165	10	the	the	DET
ftr-322	165	11	aggregate	aggregate	ADJ
ftr-322	165	12	understanding	understanding	NOUN
ftr-322	165	13	of	of	ADP
ftr-322	165	14	the	the	DET
ftr-322	165	15	partnership	partnership	NOUN
ftr-322	165	16	:	:	PUNCT
ftr-322	165	17	―subchapter	―subchapter	PROPN
ftr-322	165	18	k	k	PROPN
ftr-322	165	19	represents	represent	VERB
ftr-322	165	20	a	a	DET
ftr-322	165	21	blending	blending	NOUN
ftr-322	165	22	of	of	ADP
ftr-322	165	23	two	two	NUM
ftr-322	165	24	views	view	NOUN
ftr-322	165	25	as	as	ADP
ftr-322	165	26	to	to	ADP
ftr-322	165	27	the	the	DET
ftr-322	165	28	nature	nature	NOUN
ftr-322	165	29	of	of	ADP
ftr-322	165	30	partnerships	partnership	NOUN
ftr-322	165	31	.	.	PUNCT
ftr-322	166	1	the	the	DET
ftr-322	166	2	first	first	ADJ
ftr-322	166	3	view	view	NOUN
ftr-322	166	4	is	be	AUX
ftr-322	166	5	that	that	SCONJ
ftr-322	166	6	a	a	DET
ftr-322	166	7	partnership	partnership	NOUN
ftr-322	166	8	is	be	AUX
ftr-322	166	9	simply	simply	ADV
ftr-322	166	10	an	an	DET
ftr-322	166	11	aggregation	aggregation	NOUN
ftr-322	166	12	of	of	ADP
ftr-322	166	13	individuals	individual	NOUN
ftr-322	166	14	,	,	PUNCT
ftr-322	166	15	each	each	PRON
ftr-322	166	16	of	of	ADP
ftr-322	166	17	whom	whom	PRON
ftr-322	166	18	should	should	AUX
ftr-322	166	19	be	be	AUX
ftr-322	166	20	treated	treat	VERB
ftr-322	166	21	as	as	ADP
ftr-322	166	22	the	the	DET
ftr-322	166	23	owner	owner	NOUN
ftr-322	166	24	of	of	ADP
ftr-322	166	25	a	a	DET
ftr-322	166	26	direct	direct	ADJ
ftr-322	166	27	undivided	undivided	ADJ
ftr-322	166	28	interest	interest	NOUN
ftr-322	166	29	in	in	ADP
ftr-322	166	30	partnership	partnership	NOUN
ftr-322	166	31	assets	asset	NOUN
ftr-322	166	32	and	and	CCONJ
ftr-322	166	33	operations	operation	NOUN
ftr-322	166	34	.	.	PUNCT
ftr-322	167	1	this	this	PRON
ftr-322	167	2	is	be	AUX
ftr-322	167	3	sometimes	sometimes	ADV
ftr-322	167	4	2012	2012	NUM
ftr-322	167	5	]	]	PUNCT
ftr-322	167	6	special	special	ADJ
ftr-322	167	7	allocations	allocation	NOUN
ftr-322	167	8	revisited	revisit	VERB
ftr-322	167	9	355	355	NUM
ftr-322	167	10	by	by	ADP
ftr-322	167	11	contrast	contrast	NOUN
ftr-322	167	12	,	,	PUNCT
ftr-322	167	13	under	under	ADP
ftr-322	167	14	the	the	DET
ftr-322	167	15	competing	compete	VERB
ftr-322	167	16	―entity‖	―entity‖	PROPN
ftr-322	167	17	theory	theory	NOUN
ftr-322	167	18	,	,	PUNCT
ftr-322	167	19	the	the	DET
ftr-322	167	20	partnership	partnership	NOUN
ftr-322	167	21	is	be	AUX
ftr-322	167	22	viewed	view	VERB
ftr-322	167	23	as	as	ADP
ftr-322	167	24	separate	separate	ADJ
ftr-322	167	25	from	from	ADP
ftr-322	167	26	its	its	PRON
ftr-322	167	27	partners	partner	NOUN
ftr-322	167	28	,	,	PUNCT
ftr-322	167	29	so	so	SCONJ
ftr-322	167	30	that	that	SCONJ
ftr-322	167	31	the	the	DET
ftr-322	167	32	partner	partner	NOUN
ftr-322	167	33	is	be	AUX
ftr-322	167	34	not	not	PART
ftr-322	167	35	considered	consider	VERB
ftr-322	167	36	to	to	PART
ftr-322	167	37	own	own	VERB
ftr-322	167	38	a	a	DET
ftr-322	167	39	ratable	ratable	ADJ
ftr-322	167	40	share	share	NOUN
ftr-322	167	41	of	of	ADP
ftr-322	167	42	each	each	DET
ftr-322	167	43	partnership	partnership	NOUN
ftr-322	167	44	asset	asset	NOUN
ftr-322	167	45	but	but	CCONJ
ftr-322	167	46	instead	instead	ADV
ftr-322	167	47	an	an	DET
ftr-322	167	48	interest	interest	NOUN
ftr-322	167	49	in	in	ADP
ftr-322	167	50	the	the	DET
ftr-322	167	51	entity	entity	NOUN
ftr-322	167	52	,	,	PUNCT
ftr-322	167	53	which	which	DET
ftr-322	167	54	interest	interest	NOUN
ftr-322	167	55	is	be	AUX
ftr-322	167	56	defined	define	VERB
ftr-322	167	57	by	by	ADP
ftr-322	167	58	the	the	DET
ftr-322	167	59	terms	term	NOUN
ftr-322	167	60	of	of	ADP
ftr-322	167	61	the	the	DET
ftr-322	167	62	partnership	partnership	NOUN
ftr-322	167	63	agreement	agreement	NOUN
ftr-322	167	64	.	.	PUNCT
ftr-322	168	1	19	19	NUM
ftr-322	168	2	subchapter	subchapter	NOUN
ftr-322	168	3	k	k	PROPN
ftr-322	168	4	embodies	embody	VERB
ftr-322	168	5	a	a	DET
ftr-322	168	6	mix	mix	NOUN
ftr-322	168	7	of	of	ADP
ftr-322	168	8	entity	entity	NOUN
ftr-322	168	9	and	and	CCONJ
ftr-322	168	10	aggregate	aggregate	ADJ
ftr-322	168	11	conceptions	conception	NOUN
ftr-322	168	12	,	,	PUNCT
ftr-322	168	13	but	but	CCONJ
ftr-322	168	14	in	in	ADP
ftr-322	168	15	general	general	ADJ
ftr-322	168	16	it	it	PRON
ftr-322	168	17	favors	favor	VERB
ftr-322	168	18	the	the	DET
ftr-322	168	19	aggregate	aggregate	ADJ
ftr-322	168	20	conception	conception	NOUN
ftr-322	168	21	for	for	ADP
ftr-322	168	22	purposes	purpose	NOUN
ftr-322	168	23	of	of	ADP
ftr-322	168	24	determining	determine	VERB
ftr-322	168	25	the	the	DET
ftr-322	168	26	economic	economic	ADJ
ftr-322	168	27	rights	right	NOUN
ftr-322	168	28	and	and	CCONJ
ftr-322	168	29	obligations	obligation	NOUN
ftr-322	168	30	of	of	ADP
ftr-322	168	31	the	the	DET
ftr-322	168	32	partners	partner	NOUN
ftr-322	168	33	;	;	PUNCT
ftr-322	168	34	20	20	NUM
ftr-322	168	35	the	the	DET
ftr-322	168	36	entity	entity	NOUN
ftr-322	168	37	theory	theory	NOUN
ftr-322	168	38	generally	generally	ADV
ftr-322	168	39	applies	apply	VERB
ftr-322	168	40	for	for	ADP
ftr-322	168	41	purposes	purpose	NOUN
ftr-322	168	42	of	of	ADP
ftr-322	168	43	administrative	administrative	ADJ
ftr-322	168	44	convenience	convenience	NOUN
ftr-322	168	45	.	.	PUNCT
ftr-322	169	1	21	21	NUM
ftr-322	169	2	special	special	ADJ
ftr-322	169	3	allocations	allocation	NOUN
ftr-322	169	4	are	be	AUX
ftr-322	169	5	inconsistent	inconsistent	ADJ
ftr-322	169	6	with	with	ADP
ftr-322	169	7	the	the	DET
ftr-322	169	8	aggregate	aggregate	ADJ
ftr-322	169	9	theory	theory	NOUN
ftr-322	169	10	because	because	SCONJ
ftr-322	169	11	the	the	DET
ftr-322	169	12	theory	theory	NOUN
ftr-322	169	13	embodies	embody	VERB
ftr-322	169	14	the	the	DET
ftr-322	169	15	idea	idea	NOUN
ftr-322	169	16	that	that	SCONJ
ftr-322	169	17	each	each	DET
ftr-322	169	18	partner‘s	partner‘s	PROPN
ftr-322	169	19	ownership	ownership	NOUN
ftr-322	169	20	of	of	ADP
ftr-322	169	21	each	each	DET
ftr-322	169	22	item	item	NOUN
ftr-322	169	23	of	of	ADP
ftr-322	169	24	partnership	partnership	NOUN
ftr-322	169	25	property	property	NOUN
ftr-322	169	26	is	be	AUX
ftr-322	169	27	proportional	proportional	ADJ
ftr-322	169	28	to	to	ADP
ftr-322	169	29	the	the	DET
ftr-322	169	30	partner‘s	partner‘s	PROPN
ftr-322	169	31	overall	overall	ADJ
ftr-322	169	32	interest	interest	NOUN
ftr-322	169	33	in	in	ADP
ftr-322	169	34	the	the	DET
ftr-322	169	35	partnership	partnership	NOUN
ftr-322	169	36	,	,	PUNCT
ftr-322	169	37	while	while	SCONJ
ftr-322	169	38	the	the	DET
ftr-322	169	39	special	special	ADJ
ftr-322	169	40	allocation	allocation	NOUN
ftr-322	169	41	by	by	ADP
ftr-322	169	42	definition	definition	NOUN
ftr-322	169	43	departs	depart	VERB
ftr-322	169	44	from	from	ADP
ftr-322	169	45	ratable	ratable	ADJ
ftr-322	169	46	ownership	ownership	NOUN
ftr-322	169	47	.	.	PUNCT
ftr-322	170	1	returning	return	VERB
ftr-322	170	2	to	to	ADP
ftr-322	170	3	the	the	DET
ftr-322	170	4	example	example	NOUN
ftr-322	170	5	of	of	ADP
ftr-322	170	6	taxable	taxable	ADJ
ftr-322	170	7	and	and	CCONJ
ftr-322	170	8	tax	tax	NOUN
ftr-322	170	9	-	-	PUNCT
ftr-322	170	10	exempt	exempt	ADJ
ftr-322	170	11	interest	interest	NOUN
ftr-322	170	12	,	,	PUNCT
ftr-322	170	13	a	a	DET
ftr-322	170	14	partnership	partnership	NOUN
ftr-322	170	15	in	in	ADP
ftr-322	170	16	which	which	PRON
ftr-322	170	17	the	the	DET
ftr-322	170	18	two	two	NUM
ftr-322	170	19	partners	partner	NOUN
ftr-322	170	20	each	each	PRON
ftr-322	170	21	contribute	contribute	VERB
ftr-322	170	22	$	$	SYM
ftr-322	170	23	50	50	NUM
ftr-322	170	24	in	in	ADP
ftr-322	170	25	exchange	exchange	NOUN
ftr-322	170	26	for	for	ADP
ftr-322	170	27	equal	equal	ADJ
ftr-322	170	28	partnership	partnership	NOUN
ftr-322	170	29	interests	interest	NOUN
ftr-322	170	30	may	may	AUX
ftr-322	170	31	purchase	purchase	VERB
ftr-322	170	32	equal	equal	ADJ
ftr-322	170	33	quantities	quantity	NOUN
ftr-322	170	34	of	of	ADP
ftr-322	170	35	taxable	taxable	ADJ
ftr-322	170	36	and	and	CCONJ
ftr-322	170	37	tax	tax	NOUN
ftr-322	170	38	-	-	PUNCT
ftr-322	170	39	exempt	exempt	ADJ
ftr-322	170	40	debt	debt	NOUN
ftr-322	170	41	obligations	obligation	NOUN
ftr-322	170	42	.	.	PUNCT
ftr-322	171	1	if	if	SCONJ
ftr-322	171	2	the	the	DET
ftr-322	171	3	interest	interest	NOUN
ftr-322	171	4	earned	earn	VERB
ftr-322	171	5	by	by	ADP
ftr-322	171	6	these	these	DET
ftr-322	171	7	obligations	obligation	NOUN
ftr-322	171	8	is	be	AUX
ftr-322	171	9	not	not	PART
ftr-322	171	10	allocated	allocate	VERB
ftr-322	171	11	equally	equally	ADV
ftr-322	171	12	to	to	ADP
ftr-322	171	13	the	the	DET
ftr-322	171	14	two	two	NUM
ftr-322	171	15	partners	partner	NOUN
ftr-322	171	16	,	,	PUNCT
ftr-322	171	17	then	then	ADV
ftr-322	171	18	under	under	ADP
ftr-322	171	19	the	the	DET
ftr-322	171	20	aggregate	aggregate	ADJ
ftr-322	171	21	theory	theory	NOUN
ftr-322	171	22	,	,	PUNCT
ftr-322	171	23	each	each	PRON
ftr-322	171	24	receives	receive	VERB
ftr-322	171	25	an	an	DET
ftr-322	171	26	assignment	assignment	NOUN
ftr-322	171	27	of	of	ADP
ftr-322	171	28	one	one	NUM
ftr-322	171	29	type	type	NOUN
ftr-322	171	30	of	of	ADP
ftr-322	171	31	interest	interest	NOUN
ftr-322	171	32	income	income	NOUN
ftr-322	171	33	in	in	ADP
ftr-322	171	34	exchange	exchange	NOUN
ftr-322	171	35	for	for	ADP
ftr-322	171	36	parting	part	VERB
ftr-322	171	37	with	with	ADP
ftr-322	171	38	some	some	PRON
ftr-322	171	39	of	of	ADP
ftr-322	171	40	the	the	DET
ftr-322	171	41	other	other	ADJ
ftr-322	171	42	.	.	PUNCT
ftr-322	172	1	the	the	DET
ftr-322	172	2	foregoing	forego	VERB
ftr-322	172	3	considerations	consideration	NOUN
ftr-322	172	4	suggest	suggest	VERB
ftr-322	172	5	that	that	SCONJ
ftr-322	172	6	a	a	DET
ftr-322	172	7	resolution	resolution	NOUN
ftr-322	172	8	of	of	ADP
ftr-322	172	9	the	the	DET
ftr-322	172	10	problem	problem	NOUN
ftr-322	172	11	of	of	ADP
ftr-322	172	12	special	special	ADJ
ftr-322	172	13	allocations	allocation	NOUN
ftr-322	172	14	would	would	AUX
ftr-322	172	15	focus	focus	VERB
ftr-322	172	16	on	on	ADP
ftr-322	172	17	methods	method	NOUN
ftr-322	172	18	by	by	ADP
ftr-322	172	19	which	which	PRON
ftr-322	172	20	to	to	PART
ftr-322	172	21	establish	establish	VERB
ftr-322	172	22	the	the	DET
ftr-322	172	23	associated	associated	ADJ
ftr-322	172	24	non	non	ADJ
ftr-322	172	25	-	-	ADJ
ftr-322	172	26	equity	equity	NOUN
ftr-322	172	27	-	-	PUNCT
ftr-322	172	28	based	base	VERB
ftr-322	172	29	transactions	transaction	NOUN
ftr-322	172	30	that	that	PRON
ftr-322	172	31	would	would	AUX
ftr-322	172	32	result	result	VERB
ftr-322	172	33	in	in	ADP
ftr-322	172	34	the	the	DET
ftr-322	172	35	allocations	allocation	NOUN
ftr-322	172	36	of	of	ADP
ftr-322	172	37	income	income	NOUN
ftr-322	172	38	provided	provide	VERB
ftr-322	172	39	under	under	ADP
ftr-322	172	40	the	the	DET
ftr-322	172	41	partnership	partnership	NOUN
ftr-322	172	42	agreement	agreement	NOUN
ftr-322	172	43	.	.	PUNCT
ftr-322	173	1	in	in	ADP
ftr-322	173	2	general	general	ADJ
ftr-322	173	3	,	,	PUNCT
ftr-322	173	4	the	the	DET
ftr-322	173	5	most	most	ADV
ftr-322	173	6	direct	direct	ADJ
ftr-322	173	7	method	method	NOUN
ftr-322	173	8	to	to	PART
ftr-322	173	9	achieve	achieve	VERB
ftr-322	173	10	the	the	DET
ftr-322	173	11	result	result	NOUN
ftr-322	173	12	is	be	AUX
ftr-322	173	13	to	to	PART
ftr-322	173	14	view	view	VERB
ftr-322	173	15	the	the	DET
ftr-322	173	16	partner	partner	NOUN
ftr-322	173	17	receiving	receive	VERB
ftr-322	173	18	a	a	DET
ftr-322	173	19	net	net	ADJ
ftr-322	173	20	amount	amount	NOUN
ftr-322	173	21	in	in	ADP
ftr-322	173	22	excess	excess	NOUN
ftr-322	173	23	of	of	ADP
ftr-322	173	24	its	its	PRON
ftr-322	173	25	ratable	ratable	ADJ
ftr-322	173	26	share	share	NOUN
ftr-322	173	27	as	as	ADP
ftr-322	173	28	receiving	receive	VERB
ftr-322	173	29	a	a	DET
ftr-322	173	30	partnership	partnership	NOUN
ftr-322	173	31	interest	interest	NOUN
ftr-322	173	32	from	from	ADP
ftr-322	173	33	the	the	DET
ftr-322	173	34	other	other	ADJ
ftr-322	173	35	partner	partner	NOUN
ftr-322	173	36	or	or	CCONJ
ftr-322	173	37	partners	partner	NOUN
ftr-322	173	38	.	.	PUNCT
ftr-322	174	1	such	such	DET
ftr-322	174	2	a	a	DET
ftr-322	174	3	constructive	constructive	ADJ
ftr-322	174	4	transaction	transaction	NOUN
ftr-322	174	5	arrives	arrive	VERB
ftr-322	174	6	at	at	ADP
ftr-322	174	7	the	the	DET
ftr-322	174	8	appropriate	appropriate	ADJ
ftr-322	174	9	tax	tax	NOUN
ftr-322	174	10	outcome	outcome	NOUN
ftr-322	174	11	,	,	PUNCT
ftr-322	174	12	albeit	albeit	SCONJ
ftr-322	174	13	at	at	ADP
ftr-322	174	14	the	the	DET
ftr-322	174	15	cost	cost	NOUN
ftr-322	174	16	of	of	ADP
ftr-322	174	17	some	some	DET
ftr-322	174	18	complexity	complexity	NOUN
ftr-322	174	19	,	,	PUNCT
ftr-322	174	20	without	without	ADP
ftr-322	174	21	disturbing	disturb	VERB
ftr-322	174	22	the	the	DET
ftr-322	174	23	aggregate	aggregate	ADJ
ftr-322	174	24	analysis	analysis	NOUN
ftr-322	174	25	of	of	ADP
ftr-322	174	26	the	the	DET
ftr-322	174	27	partners	partner	NOUN
ftr-322	174	28	‘	‘	PART
ftr-322	174	29	interests	interest	NOUN
ftr-322	174	30	in	in	ADP
ftr-322	174	31	the	the	DET
ftr-322	174	32	partnership	partnership	NOUN
ftr-322	174	33	(	(	PUNCT
ftr-322	174	34	pip	pip	NOUN
ftr-322	174	35	)	)	PUNCT
ftr-322	174	36	.	.	PUNCT
ftr-322	175	1	under	under	ADP
ftr-322	175	2	this	this	DET
ftr-322	175	3	approach	approach	NOUN
ftr-322	175	4	,	,	PUNCT
ftr-322	175	5	each	each	DET
ftr-322	175	6	partner	partner	NOUN
ftr-322	175	7	treats	treat	VERB
ftr-322	175	8	itself	itself	PRON
ftr-322	175	9	as	as	ADP
ftr-322	175	10	earning	earn	VERB
ftr-322	175	11	the	the	DET
ftr-322	175	12	ratable	ratable	ADJ
ftr-322	175	13	share	share	NOUN
ftr-322	175	14	of	of	ADP
ftr-322	175	15	each	each	DET
ftr-322	175	16	type	type	NOUN
ftr-322	175	17	of	of	ADP
ftr-322	175	18	income	income	NOUN
ftr-322	175	19	,	,	PUNCT
ftr-322	175	20	based	base	VERB
ftr-322	175	21	upon	upon	SCONJ
ftr-322	175	22	relative	relative	ADJ
ftr-322	175	23	partnership	partnership	NOUN
ftr-322	175	24	interests	interest	NOUN
ftr-322	175	25	,	,	PUNCT
ftr-322	175	26	referred	refer	VERB
ftr-322	175	27	to	to	ADP
ftr-322	175	28	as	as	ADP
ftr-322	175	29	the	the	DET
ftr-322	175	30	‗aggregate	‗aggregate	NOUN
ftr-322	175	31	‘	'	PUNCT
ftr-322	175	32	or	or	CCONJ
ftr-322	175	33	‗conduit	‗conduit	NOUN
ftr-322	175	34	‘	'	PUNCT
ftr-322	175	35	view	view	NOUN
ftr-322	175	36	of	of	ADP
ftr-322	175	37	partnerships.‖	partnerships.‖	PROPN
ftr-322	175	38	william	william	PROPN
ftr-322	175	39	s.	s.	PROPN
ftr-322	175	40	mckee	mckee	PROPN
ftr-322	175	41	et	et	PROPN
ftr-322	175	42	al	al	PROPN
ftr-322	175	43	.	.	PROPN
ftr-322	175	44	,	,	PUNCT
ftr-322	175	45	federal	federal	ADJ
ftr-322	175	46	taxation	taxation	NOUN
ftr-322	175	47	of	of	ADP
ftr-322	175	48	partnerships	partnership	NOUN
ftr-322	175	49	and	and	CCONJ
ftr-322	175	50	partners	partner	NOUN
ftr-322	175	51	¶	¶	VERB
ftr-322	175	52	1.02	1.02	NUM
ftr-322	175	53	(	(	PUNCT
ftr-322	175	54	2007	2007	NUM
ftr-322	175	55	)	)	PUNCT
ftr-322	176	1	[	[	X
ftr-322	176	2	hereinafter	hereinafter	NOUN
ftr-322	176	3	mckee	mckee	PROPN
ftr-322	176	4	et	et	PROPN
ftr-322	176	5	al	al	PROPN
ftr-322	176	6	.	.	PROPN
ftr-322	176	7	,	,	PUNCT
ftr-322	176	8	partnerships	partnership	NOUN
ftr-322	176	9	and	and	CCONJ
ftr-322	176	10	partners	partner	NOUN
ftr-322	176	11	]	]	PUNCT
ftr-322	176	12	.	.	PUNCT
ftr-322	177	1	19	19	NUM
ftr-322	177	2	.	.	PUNCT
ftr-322	178	1	―the	―the	DET
ftr-322	178	2	second	second	ADJ
ftr-322	178	3	view	view	NOUN
ftr-322	178	4	is	be	AUX
ftr-322	178	5	that	that	SCONJ
ftr-322	178	6	a	a	DET
ftr-322	178	7	partnership	partnership	NOUN
ftr-322	178	8	is	be	AUX
ftr-322	178	9	a	a	DET
ftr-322	178	10	separate	separate	ADJ
ftr-322	178	11	entity	entity	NOUN
ftr-322	178	12	,	,	PUNCT
ftr-322	178	13	with	with	ADP
ftr-322	178	14	a	a	DET
ftr-322	178	15	tax	tax	NOUN
ftr-322	178	16	existence	existence	NOUN
ftr-322	178	17	apart	apart	ADV
ftr-322	178	18	from	from	ADP
ftr-322	178	19	the	the	DET
ftr-322	178	20	partners	partner	NOUN
ftr-322	178	21	.	.	PUNCT
ftr-322	179	1	under	under	ADP
ftr-322	179	2	this	this	DET
ftr-322	179	3	view	view	NOUN
ftr-322	179	4	,	,	PUNCT
ftr-322	179	5	a	a	DET
ftr-322	179	6	partner	partner	NOUN
ftr-322	179	7	has	have	VERB
ftr-322	179	8	no	no	DET
ftr-322	179	9	direct	direct	ADJ
ftr-322	179	10	interest	interest	NOUN
ftr-322	179	11	in	in	ADP
ftr-322	179	12	partnership	partnership	NOUN
ftr-322	179	13	assets	asset	NOUN
ftr-322	179	14	or	or	CCONJ
ftr-322	179	15	operations	operation	NOUN
ftr-322	179	16	,	,	PUNCT
ftr-322	179	17	but	but	CCONJ
ftr-322	179	18	only	only	ADV
ftr-322	179	19	an	an	DET
ftr-322	179	20	interest	interest	NOUN
ftr-322	179	21	in	in	ADP
ftr-322	179	22	the	the	DET
ftr-322	179	23	partnership	partnership	NOUN
ftr-322	179	24	entity	entity	NOUN
ftr-322	179	25	separate	separate	ADJ
ftr-322	179	26	and	and	CCONJ
ftr-322	179	27	apart	apart	ADV
ftr-322	179	28	from	from	ADP
ftr-322	179	29	its	its	PRON
ftr-322	179	30	assets	asset	NOUN
ftr-322	179	31	and	and	CCONJ
ftr-322	179	32	operations.‖	operations.‖	NOUN
ftr-322	179	33	i	i	PRON
ftr-322	179	34	d.	d.	PROPN
ftr-322	179	35	20	20	NUM
ftr-322	179	36	.	.	PUNCT
ftr-322	180	1	see	see	VERB
ftr-322	180	2	,	,	PUNCT
ftr-322	180	3	e.g.	e.g.	ADV
ftr-322	180	4	,	,	PUNCT
ftr-322	180	5	i.r.c	i.r.c	NOUN
ftr-322	180	6	.	.	PUNCT
ftr-322	181	1	§	§	PROPN
ftr-322	181	2	§	§	PROPN
ftr-322	181	3	702	702	NUM
ftr-322	181	4	(	(	PUNCT
ftr-322	181	5	pass	pass	VERB
ftr-322	181	6	-	-	PUNCT
ftr-322	181	7	through	through	NOUN
ftr-322	181	8	of	of	ADP
ftr-322	181	9	partnership	partnership	NOUN
ftr-322	181	10	items	item	NOUN
ftr-322	181	11	to	to	PART
ftr-322	181	12	partner	partner	VERB
ftr-322	181	13	)	)	PUNCT
ftr-322	181	14	,	,	PUNCT
ftr-322	181	15	724	724	NUM
ftr-322	181	16	(	(	PUNCT
ftr-322	181	17	preserving	preserve	VERB
ftr-322	181	18	character	character	NOUN
ftr-322	181	19	of	of	ADP
ftr-322	181	20	certain	certain	ADJ
ftr-322	181	21	contributed	contribute	VERB
ftr-322	181	22	property	property	NOUN
ftr-322	181	23	)	)	PUNCT
ftr-322	181	24	,	,	PUNCT
ftr-322	181	25	732	732	NUM
ftr-322	181	26	(	(	PUNCT
ftr-322	181	27	allocation	allocation	NOUN
ftr-322	181	28	of	of	ADP
ftr-322	181	29	basis	basis	NOUN
ftr-322	181	30	among	among	ADP
ftr-322	181	31	capital	capital	NOUN
ftr-322	181	32	and	and	CCONJ
ftr-322	181	33	non	non	ADJ
ftr-322	181	34	-	-	ADJ
ftr-322	181	35	capital	capital	ADJ
ftr-322	181	36	assets	asset	NOUN
ftr-322	181	37	)	)	PUNCT
ftr-322	181	38	,	,	PUNCT
ftr-322	181	39	751	751	NUM
ftr-322	181	40	(	(	PUNCT
ftr-322	181	41	requiring	require	VERB
ftr-322	181	42	ratable	ratable	ADJ
ftr-322	181	43	allocation	allocation	NOUN
ftr-322	181	44	of	of	ADP
ftr-322	181	45	ordinary	ordinary	ADJ
ftr-322	181	46	and	and	CCONJ
ftr-322	181	47	capital	capital	NOUN
ftr-322	181	48	income	income	NOUN
ftr-322	181	49	on	on	ADP
ftr-322	181	50	dispositions	disposition	NOUN
ftr-322	181	51	and	and	CCONJ
ftr-322	181	52	redemptions	redemption	NOUN
ftr-322	181	53	of	of	ADP
ftr-322	181	54	partnership	partnership	NOUN
ftr-322	181	55	interests	interest	NOUN
ftr-322	181	56	)	)	PUNCT
ftr-322	181	57	.	.	PUNCT
ftr-322	182	1	21	21	NUM
ftr-322	182	2	.	.	X
ftr-322	183	1	see	see	VERB
ftr-322	183	2	,	,	PUNCT
ftr-322	183	3	e.g.	e.g.	ADV
ftr-322	183	4	,	,	PUNCT
ftr-322	183	5	i.r.c	i.r.c	NOUN
ftr-322	183	6	.	.	PUNCT
ftr-322	184	1	§	§	PROPN
ftr-322	184	2	§	§	PROPN
ftr-322	184	3	703(b	703(b	PROPN
ftr-322	184	4	)	)	PUNCT
ftr-322	184	5	(	(	PUNCT
ftr-322	185	1	elections	election	NOUN
ftr-322	185	2	affecting	affect	VERB
ftr-322	185	3	computation	computation	NOUN
ftr-322	185	4	of	of	ADP
ftr-322	185	5	taxable	taxable	ADJ
ftr-322	185	6	income	income	NOUN
ftr-322	185	7	to	to	PART
ftr-322	185	8	be	be	AUX
ftr-322	185	9	made	make	VERB
ftr-322	185	10	by	by	ADP
ftr-322	185	11	the	the	DET
ftr-322	185	12	partnership	partnership	NOUN
ftr-322	185	13	)	)	PUNCT
ftr-322	185	14	,	,	PUNCT
ftr-322	185	15	706	706	NUM
ftr-322	185	16	(	(	PUNCT
ftr-322	185	17	partnership	partnership	NOUN
ftr-322	185	18	has	have	VERB
ftr-322	185	19	one	one	NUM
ftr-322	185	20	taxable	taxable	ADJ
ftr-322	185	21	year	year	NOUN
ftr-322	185	22	)	)	PUNCT
ftr-322	185	23	,	,	PUNCT
ftr-322	185	24	754	754	NUM
ftr-322	185	25	(	(	PUNCT
ftr-322	185	26	partnership	partnership	NOUN
ftr-322	185	27	election	election	NOUN
ftr-322	185	28	to	to	PART
ftr-322	185	29	recompute	recompute	VERB
ftr-322	185	30	partnership‘s	partnership‘s	PROPN
ftr-322	185	31	basis	basis	NOUN
ftr-322	185	32	in	in	ADP
ftr-322	185	33	its	its	PRON
ftr-322	185	34	property	property	NOUN
ftr-322	185	35	on	on	ADP
ftr-322	185	36	certain	certain	ADJ
ftr-322	185	37	dispositions	disposition	NOUN
ftr-322	185	38	or	or	CCONJ
ftr-322	185	39	redemptions	redemption	NOUN
ftr-322	185	40	of	of	ADP
ftr-322	185	41	partnership	partnership	NOUN
ftr-322	185	42	interests	interest	NOUN
ftr-322	185	43	)	)	PUNCT
ftr-322	185	44	.	.	PUNCT
ftr-322	186	1	356	356	NUM
ftr-322	186	2	florida	florida	PROPN
ftr-322	186	3	tax	tax	NOUN
ftr-322	186	4	review	review	NOUN
ftr-322	186	5	[	[	X
ftr-322	186	6	vol	vol	NOUN
ftr-322	186	7	.	.	PUNCT
ftr-322	187	1	13:7	13:7	NUM
ftr-322	187	2	through	through	ADP
ftr-322	187	3	the	the	DET
ftr-322	187	4	partnership	partnership	NOUN
ftr-322	187	5	,	,	PUNCT
ftr-322	187	6	and	and	CCONJ
ftr-322	187	7	then	then	ADV
ftr-322	187	8	as	as	SCONJ
ftr-322	187	9	either	either	PRON
ftr-322	187	10	transferring	transfer	VERB
ftr-322	187	11	to	to	ADP
ftr-322	187	12	or	or	CCONJ
ftr-322	187	13	receiving	receive	VERB
ftr-322	187	14	from	from	ADP
ftr-322	187	15	the	the	DET
ftr-322	187	16	other	other	ADJ
ftr-322	187	17	partner	partner	NOUN
ftr-322	187	18	or	or	CCONJ
ftr-322	187	19	partners	partner	NOUN
ftr-322	187	20	a	a	DET
ftr-322	187	21	partnership	partnership	NOUN
ftr-322	187	22	interest	interest	NOUN
ftr-322	187	23	equal	equal	ADJ
ftr-322	187	24	in	in	ADP
ftr-322	187	25	value	value	NOUN
ftr-322	187	26	to	to	ADP
ftr-322	187	27	the	the	DET
ftr-322	187	28	net	net	ADJ
ftr-322	187	29	amount	amount	NOUN
ftr-322	187	30	the	the	DET
ftr-322	187	31	partner	partner	NOUN
ftr-322	187	32	loses	lose	VERB
ftr-322	187	33	or	or	CCONJ
ftr-322	187	34	gains	gain	NOUN
ftr-322	187	35	,	,	PUNCT
ftr-322	187	36	respectively	respectively	ADV
ftr-322	187	37	,	,	PUNCT
ftr-322	187	38	by	by	ADP
ftr-322	187	39	reason	reason	NOUN
ftr-322	187	40	of	of	ADP
ftr-322	187	41	the	the	DET
ftr-322	187	42	special	special	ADJ
ftr-322	187	43	allocation	allocation	NOUN
ftr-322	187	44	.	.	PUNCT
ftr-322	188	1	applied	apply	VERB
ftr-322	188	2	to	to	ADP
ftr-322	188	3	the	the	DET
ftr-322	188	4	example	example	NOUN
ftr-322	188	5	in	in	ADP
ftr-322	188	6	the	the	DET
ftr-322	188	7	preceding	precede	VERB
ftr-322	188	8	paragraph	paragraph	NOUN
ftr-322	188	9	,	,	PUNCT
ftr-322	188	10	each	each	DET
ftr-322	188	11	partner‘s	partner‘s	PROPN
ftr-322	188	12	initial	initial	ADJ
ftr-322	188	13	inclusion	inclusion	NOUN
ftr-322	188	14	will	will	AUX
ftr-322	188	15	be	be	AUX
ftr-322	188	16	taxable	taxable	ADJ
ftr-322	188	17	to	to	ADP
ftr-322	188	18	the	the	DET
ftr-322	188	19	extent	extent	NOUN
ftr-322	188	20	it	it	PRON
ftr-322	188	21	is	be	AUX
ftr-322	188	22	of	of	ADP
ftr-322	188	23	non	non	ADJ
ftr-322	188	24	-	-	ADJ
ftr-322	188	25	tax	tax	ADJ
ftr-322	188	26	-	-	PUNCT
ftr-322	188	27	exempt	exempt	ADJ
ftr-322	188	28	interest	interest	NOUN
ftr-322	188	29	,	,	PUNCT
ftr-322	188	30	22	22	NUM
ftr-322	188	31	while	while	SCONJ
ftr-322	188	32	the	the	DET
ftr-322	188	33	transfer	transfer	NOUN
ftr-322	188	34	should	should	AUX
ftr-322	188	35	generate	generate	VERB
ftr-322	188	36	a	a	DET
ftr-322	188	37	deduction	deduction	NOUN
ftr-322	188	38	under	under	ADP
ftr-322	188	39	section	section	NOUN
ftr-322	188	40	162	162	NUM
ftr-322	188	41	to	to	ADP
ftr-322	188	42	the	the	DET
ftr-322	188	43	payor	payor	NOUN
ftr-322	188	44	and	and	CCONJ
ftr-322	188	45	an	an	DET
ftr-322	188	46	ordinary	ordinary	ADJ
ftr-322	188	47	inclusion	inclusion	NOUN
ftr-322	188	48	to	to	ADP
ftr-322	188	49	the	the	DET
ftr-322	188	50	payee	payee	NOUN
ftr-322	188	51	regardless	regardless	ADV
ftr-322	188	52	of	of	ADP
ftr-322	188	53	the	the	DET
ftr-322	188	54	character	character	NOUN
ftr-322	188	55	of	of	ADP
ftr-322	188	56	the	the	DET
ftr-322	188	57	income	income	NOUN
ftr-322	188	58	item	item	NOUN
ftr-322	188	59	to	to	ADP
ftr-322	188	60	the	the	DET
ftr-322	188	61	partnership	partnership	NOUN
ftr-322	188	62	.	.	PUNCT
ftr-322	189	1	23	23	NUM
ftr-322	190	1	the	the	DET
ftr-322	190	2	net	net	ADJ
ftr-322	190	3	effect	effect	NOUN
ftr-322	190	4	would	would	AUX
ftr-322	190	5	be	be	AUX
ftr-322	190	6	that	that	SCONJ
ftr-322	190	7	the	the	DET
ftr-322	190	8	recipient	recipient	NOUN
ftr-322	190	9	of	of	ADP
ftr-322	190	10	a	a	DET
ftr-322	190	11	disproportionately	disproportionately	ADV
ftr-322	190	12	large	large	ADJ
ftr-322	190	13	amount	amount	NOUN
ftr-322	190	14	of	of	ADP
ftr-322	190	15	tax	tax	NOUN
ftr-322	190	16	-	-	PUNCT
ftr-322	190	17	exempt	exempt	ADJ
ftr-322	190	18	interest	interest	NOUN
ftr-322	190	19	will	will	AUX
ftr-322	190	20	not	not	PART
ftr-322	190	21	avoid	avoid	VERB
ftr-322	190	22	tax	tax	NOUN
ftr-322	190	23	,	,	PUNCT
ftr-322	190	24	while	while	SCONJ
ftr-322	190	25	the	the	DET
ftr-322	190	26	recipient	recipient	NOUN
ftr-322	190	27	of	of	ADP
ftr-322	190	28	a	a	DET
ftr-322	190	29	disproportionately	disproportionately	ADV
ftr-322	190	30	large	large	ADJ
ftr-322	190	31	amount	amount	NOUN
ftr-322	190	32	of	of	ADP
ftr-322	190	33	taxable	taxable	ADJ
ftr-322	190	34	interest	interest	NOUN
ftr-322	190	35	will	will	AUX
ftr-322	190	36	continue	continue	VERB
ftr-322	190	37	to	to	PART
ftr-322	190	38	have	have	VERB
ftr-322	190	39	a	a	DET
ftr-322	190	40	reduced	reduce	VERB
ftr-322	190	41	quantity	quantity	NOUN
ftr-322	190	42	of	of	ADP
ftr-322	190	43	taxable	taxable	ADJ
ftr-322	190	44	income	income	NOUN
ftr-322	190	45	.	.	PUNCT
ftr-322	191	1	24	24	NUM
ftr-322	191	2	going	go	VERB
ftr-322	191	3	forward	forward	ADV
ftr-322	191	4	,	,	PUNCT
ftr-322	191	5	the	the	DET
ftr-322	191	6	partners	partner	NOUN
ftr-322	191	7	will	will	AUX
ftr-322	191	8	no	no	ADV
ftr-322	191	9	longer	long	ADV
ftr-322	191	10	have	have	VERB
ftr-322	191	11	equal	equal	ADJ
ftr-322	191	12	partnership	partnership	NOUN
ftr-322	191	13	interests	interest	NOUN
ftr-322	191	14	.	.	PUNCT
ftr-322	192	1	there	there	PRON
ftr-322	192	2	is	be	VERB
ftr-322	192	3	,	,	PUNCT
ftr-322	192	4	however	however	ADV
ftr-322	192	5	,	,	PUNCT
ftr-322	192	6	a	a	DET
ftr-322	192	7	feature	feature	NOUN
ftr-322	192	8	of	of	ADP
ftr-322	192	9	partnership	partnership	NOUN
ftr-322	192	10	operations	operation	NOUN
ftr-322	192	11	that	that	PRON
ftr-322	192	12	makes	make	VERB
ftr-322	192	13	the	the	DET
ftr-322	192	14	straightforward	straightforward	ADJ
ftr-322	192	15	application	application	NOUN
ftr-322	192	16	of	of	ADP
ftr-322	192	17	a	a	DET
ftr-322	192	18	principle	principle	NOUN
ftr-322	192	19	of	of	ADP
ftr-322	192	20	ratable	ratable	ADJ
ftr-322	192	21	allocation	allocation	NOUN
ftr-322	192	22	somewhat	somewhat	ADV
ftr-322	192	23	more	more	ADV
ftr-322	192	24	nuanced	nuanced	ADJ
ftr-322	192	25	than	than	SCONJ
ftr-322	192	26	might	might	AUX
ftr-322	192	27	appear	appear	VERB
ftr-322	192	28	.	.	PUNCT
ftr-322	193	1	it	it	PRON
ftr-322	193	2	is	be	AUX
ftr-322	193	3	that	that	SCONJ
ftr-322	193	4	there	there	PRON
ftr-322	193	5	is	be	VERB
ftr-322	193	6	,	,	PUNCT
ftr-322	193	7	and	and	CCONJ
ftr-322	193	8	really	really	ADV
ftr-322	193	9	can	can	AUX
ftr-322	193	10	be	be	AUX
ftr-322	193	11	,	,	PUNCT
ftr-322	193	12	no	no	DET
ftr-322	193	13	entry	entry	NOUN
ftr-322	193	14	in	in	ADP
ftr-322	193	15	the	the	DET
ftr-322	193	16	partners	partner	NOUN
ftr-322	193	17	‘	'	PUNCT
ftr-322	193	18	capital	capital	NOUN
ftr-322	193	19	accounts	account	NOUN
ftr-322	193	20	that	that	PRON
ftr-322	193	21	reflects	reflect	VERB
ftr-322	193	22	anticipated	anticipate	VERB
ftr-322	193	23	labor	labor	NOUN
ftr-322	193	24	income	income	NOUN
ftr-322	193	25	of	of	ADP
ftr-322	193	26	the	the	DET
ftr-322	193	27	partnership	partnership	NOUN
ftr-322	193	28	.	.	PUNCT
ftr-322	194	1	25	25	NUM
ftr-322	194	2	human	human	ADJ
ftr-322	194	3	capital	capital	NOUN
ftr-322	194	4	,	,	PUNCT
ftr-322	194	5	in	in	ADP
ftr-322	194	6	short	short	ADJ
ftr-322	194	7	,	,	PUNCT
ftr-322	194	8	can	can	AUX
ftr-322	194	9	not	not	PART
ftr-322	194	10	be	be	AUX
ftr-322	194	11	reflected	reflect	VERB
ftr-322	194	12	on	on	ADP
ftr-322	194	13	the	the	DET
ftr-322	194	14	partnership‘s	partnership‘s	PROPN
ftr-322	194	15	books	book	NOUN
ftr-322	194	16	.	.	PUNCT
ftr-322	195	1	as	as	ADP
ftr-322	195	2	a	a	DET
ftr-322	195	3	consequence	consequence	NOUN
ftr-322	195	4	,	,	PUNCT
ftr-322	195	5	where	where	SCONJ
ftr-322	195	6	a	a	DET
ftr-322	195	7	partner‘s	partner‘s	PROPN
ftr-322	195	8	compensation	compensation	NOUN
ftr-322	195	9	is	be	AUX
ftr-322	195	10	based	base	VERB
ftr-322	195	11	on	on	ADP
ftr-322	195	12	partnership	partnership	NOUN
ftr-322	195	13	profits	profit	NOUN
ftr-322	195	14	,	,	PUNCT
ftr-322	195	15	one	one	PRON
ftr-322	195	16	can	can	AUX
ftr-322	195	17	not	not	PART
ftr-322	195	18	determine	determine	VERB
ftr-322	195	19	pip	pip	NOUN
ftr-322	195	20	simply	simply	ADV
ftr-322	195	21	by	by	ADP
ftr-322	195	22	reading	read	VERB
ftr-322	195	23	off	off	ADP
ftr-322	195	24	the	the	DET
ftr-322	195	25	partners	partner	NOUN
ftr-322	195	26	‘	'	PUNCT
ftr-322	195	27	capital	capital	NOUN
ftr-322	195	28	account	account	NOUN
ftr-322	195	29	balances	balance	NOUN
ftr-322	195	30	except	except	SCONJ
ftr-322	195	31	in	in	ADP
ftr-322	195	32	the	the	DET
ftr-322	195	33	limited	limited	ADJ
ftr-322	195	34	cases	case	NOUN
ftr-322	195	35	in	in	ADP
ftr-322	195	36	which	which	PRON
ftr-322	195	37	the	the	DET
ftr-322	195	38	income	income	NOUN
ftr-322	195	39	of	of	ADP
ftr-322	195	40	the	the	DET
ftr-322	195	41	partnership	partnership	NOUN
ftr-322	195	42	does	do	AUX
ftr-322	195	43	not	not	PART
ftr-322	195	44	depend	depend	VERB
ftr-322	195	45	upon	upon	SCONJ
ftr-322	195	46	any	any	DET
ftr-322	195	47	partner‘s	partner‘s	PROPN
ftr-322	195	48	labor	labor	NOUN
ftr-322	195	49	,	,	PUNCT
ftr-322	195	50	or	or	CCONJ
ftr-322	195	51	where	where	SCONJ
ftr-322	195	52	a	a	DET
ftr-322	195	53	partner	partner	NOUN
ftr-322	195	54	is	be	AUX
ftr-322	195	55	leaving	leave	VERB
ftr-322	195	56	the	the	DET
ftr-322	195	57	partnership	partnership	NOUN
ftr-322	195	58	,	,	PUNCT
ftr-322	195	59	in	in	ADP
ftr-322	195	60	which	which	DET
ftr-322	195	61	case	case	NOUN
ftr-322	195	62	the	the	DET
ftr-322	195	63	relevant	relevant	ADJ
ftr-322	195	64	labor	labor	NOUN
ftr-322	195	65	income	income	NOUN
ftr-322	195	66	has	have	AUX
ftr-322	195	67	accrued	accrue	VERB
ftr-322	195	68	and	and	CCONJ
ftr-322	195	69	should	should	AUX
ftr-322	195	70	be	be	AUX
ftr-322	195	71	reflected	reflect	VERB
ftr-322	195	72	on	on	ADP
ftr-322	195	73	the	the	DET
ftr-322	195	74	books	book	NOUN
ftr-322	195	75	,	,	PUNCT
ftr-322	195	76	either	either	CCONJ
ftr-322	195	77	as	as	ADP
ftr-322	195	78	part	part	NOUN
ftr-322	195	79	of	of	ADP
ftr-322	195	80	partnership	partnership	NOUN
ftr-322	195	81	goodwill	goodwill	NOUN
ftr-322	195	82	or	or	CCONJ
ftr-322	195	83	as	as	SCONJ
ftr-322	195	84	embodied	embody	VERB
ftr-322	195	85	in	in	ADP
ftr-322	195	86	identifiable	identifiable	ADJ
ftr-322	195	87	partnership	partnership	NOUN
ftr-322	195	88	property	property	NOUN
ftr-322	195	89	.	.	PUNCT
ftr-322	196	1	26	26	NUM
ftr-322	196	2	22	22	NUM
ftr-322	196	3	.	.	PUNCT
ftr-322	196	4	i.r.c	i.r.c	NOUN
ftr-322	196	5	.	.	PUNCT
ftr-322	197	1	§	§	PROPN
ftr-322	197	2	§	§	PROPN
ftr-322	197	3	61(a)(4	61(a)(4	NUM
ftr-322	197	4	)	)	PUNCT
ftr-322	197	5	(	(	PUNCT
ftr-322	197	6	interest	interest	NOUN
ftr-322	197	7	generally	generally	ADV
ftr-322	197	8	includible	includible	ADJ
ftr-322	197	9	)	)	PUNCT
ftr-322	197	10	,	,	PUNCT
ftr-322	197	11	103(a	103(a	NUM
ftr-322	197	12	)	)	PUNCT
ftr-322	197	13	(	(	PUNCT
ftr-322	197	14	interest	interest	NOUN
ftr-322	197	15	on	on	ADP
ftr-322	197	16	certain	certain	ADJ
ftr-322	197	17	municipal	municipal	ADJ
ftr-322	197	18	bonds	bond	NOUN
ftr-322	197	19	excluded	exclude	VERB
ftr-322	197	20	from	from	ADP
ftr-322	197	21	gross	gross	ADJ
ftr-322	197	22	income	income	NOUN
ftr-322	197	23	)	)	PUNCT
ftr-322	197	24	,	,	PUNCT
ftr-322	197	25	702(a	702(a	NOUN
ftr-322	197	26	)	)	PUNCT
ftr-322	197	27	(	(	PUNCT
ftr-322	197	28	partner	partner	NOUN
ftr-322	197	29	includes	include	VERB
ftr-322	197	30	allocable	allocable	ADJ
ftr-322	197	31	share	share	NOUN
ftr-322	197	32	of	of	ADP
ftr-322	197	33	partnership	partnership	NOUN
ftr-322	197	34	items	item	NOUN
ftr-322	197	35	of	of	ADP
ftr-322	197	36	igld	igld	ADJ
ftr-322	197	37	)	)	PUNCT
ftr-322	197	38	.	.	PUNCT
ftr-322	198	1	23	23	NUM
ftr-322	198	2	.	.	PUNCT
ftr-322	199	1	economically	economically	ADV
ftr-322	199	2	the	the	DET
ftr-322	199	3	exchange	exchange	NOUN
ftr-322	199	4	is	be	AUX
ftr-322	199	5	closely	closely	ADV
ftr-322	199	6	similar	similar	ADJ
ftr-322	199	7	to	to	ADP
ftr-322	199	8	a	a	DET
ftr-322	199	9	notional	notional	ADJ
ftr-322	199	10	principal	principal	ADJ
ftr-322	199	11	contract	contract	NOUN
ftr-322	199	12	,	,	PUNCT
ftr-322	199	13	as	as	SCONJ
ftr-322	199	14	developed	develop	VERB
ftr-322	199	15	below	below	ADV
ftr-322	199	16	,	,	PUNCT
ftr-322	199	17	which	which	PRON
ftr-322	199	18	generally	generally	ADV
ftr-322	199	19	are	be	AUX
ftr-322	199	20	treated	treat	VERB
ftr-322	199	21	as	as	ADP
ftr-322	199	22	producing	produce	VERB
ftr-322	199	23	ordinary	ordinary	ADJ
ftr-322	199	24	income	income	NOUN
ftr-322	199	25	and	and	CCONJ
ftr-322	199	26	ordinary	ordinary	ADJ
ftr-322	199	27	loss	loss	NOUN
ftr-322	199	28	to	to	ADP
ftr-322	199	29	the	the	DET
ftr-322	199	30	parties	party	NOUN
ftr-322	199	31	.	.	PUNCT
ftr-322	200	1	see	see	VERB
ftr-322	200	2	reg	reg	NOUN
ftr-322	200	3	.	.	PUNCT
ftr-322	201	1	§	§	PROPN
ftr-322	201	2	1.446	1.446	NUM
ftr-322	201	3	-	-	SYM
ftr-322	201	4	3	3	NUM
ftr-322	201	5	;	;	PUNCT
ftr-322	201	6	infra	infra	NOUN
ftr-322	201	7	note	note	VERB
ftr-322	201	8	71	71	NUM
ftr-322	201	9	and	and	CCONJ
ftr-322	201	10	accompanying	accompany	VERB
ftr-322	201	11	text	text	NOUN
ftr-322	201	12	.	.	PUNCT
ftr-322	202	1	24	24	NUM
ftr-322	202	2	.	.	PUNCT
ftr-322	203	1	if	if	SCONJ
ftr-322	203	2	,	,	PUNCT
ftr-322	203	3	for	for	ADP
ftr-322	203	4	example	example	NOUN
ftr-322	203	5	,	,	PUNCT
ftr-322	203	6	each	each	DET
ftr-322	203	7	partner	partner	NOUN
ftr-322	203	8	ratably	ratably	ADV
ftr-322	203	9	earns	earn	VERB
ftr-322	203	10	$	$	SYM
ftr-322	203	11	50	50	NUM
ftr-322	203	12	of	of	ADP
ftr-322	203	13	each	each	DET
ftr-322	203	14	type	type	NOUN
ftr-322	203	15	of	of	ADP
ftr-322	203	16	income	income	NOUN
ftr-322	203	17	and	and	CCONJ
ftr-322	203	18	the	the	DET
ftr-322	203	19	special	special	ADJ
ftr-322	203	20	allocation	allocation	NOUN
ftr-322	203	21	provides	provide	VERB
ftr-322	203	22	for	for	ADP
ftr-322	203	23	a	a	DET
ftr-322	203	24	full	full	ADJ
ftr-322	203	25	assignment	assignment	NOUN
ftr-322	203	26	of	of	ADP
ftr-322	203	27	taxable	taxable	ADJ
ftr-322	203	28	income	income	NOUN
ftr-322	203	29	to	to	ADP
ftr-322	203	30	the	the	DET
ftr-322	203	31	non	non	ADJ
ftr-322	203	32	-	-	ADJ
ftr-322	203	33	taxable	taxable	ADJ
ftr-322	203	34	partner	partner	NOUN
ftr-322	203	35	and	and	CCONJ
ftr-322	203	36	of	of	ADP
ftr-322	203	37	tax	tax	NOUN
ftr-322	203	38	-	-	PUNCT
ftr-322	203	39	exempt	exempt	ADJ
ftr-322	203	40	income	income	NOUN
ftr-322	203	41	to	to	ADP
ftr-322	203	42	the	the	DET
ftr-322	203	43	taxable	taxable	ADJ
ftr-322	203	44	partner	partner	NOUN
ftr-322	203	45	,	,	PUNCT
ftr-322	203	46	then	then	ADV
ftr-322	203	47	each	each	DET
ftr-322	203	48	partner	partner	NOUN
ftr-322	203	49	has	have	VERB
ftr-322	203	50	$	$	SYM
ftr-322	203	51	50	50	NUM
ftr-322	203	52	of	of	ADP
ftr-322	203	53	taxable	taxable	ADJ
ftr-322	203	54	interest	interest	NOUN
ftr-322	203	55	through	through	ADP
ftr-322	203	56	the	the	DET
ftr-322	203	57	partnership	partnership	NOUN
ftr-322	203	58	,	,	PUNCT
ftr-322	203	59	$	$	SYM
ftr-322	203	60	50	50	NUM
ftr-322	203	61	of	of	ADP
ftr-322	203	62	tax	tax	NOUN
ftr-322	203	63	-	-	PUNCT
ftr-322	203	64	exempt	exempt	ADJ
ftr-322	203	65	interest	interest	NOUN
ftr-322	203	66	through	through	ADP
ftr-322	203	67	the	the	DET
ftr-322	203	68	partnership	partnership	NOUN
ftr-322	203	69	,	,	PUNCT
ftr-322	203	70	a	a	DET
ftr-322	203	71	$	$	SYM
ftr-322	203	72	50	50	NUM
ftr-322	203	73	deduction	deduction	NOUN
ftr-322	203	74	on	on	ADP
ftr-322	203	75	transfer	transfer	NOUN
ftr-322	203	76	to	to	ADP
ftr-322	203	77	the	the	DET
ftr-322	203	78	other	other	ADJ
ftr-322	203	79	partner	partner	NOUN
ftr-322	203	80	,	,	PUNCT
ftr-322	203	81	and	and	CCONJ
ftr-322	203	82	a	a	DET
ftr-322	203	83	$	$	SYM
ftr-322	203	84	50	50	NUM
ftr-322	203	85	inclusion	inclusion	NOUN
ftr-322	203	86	on	on	ADP
ftr-322	203	87	the	the	DET
ftr-322	203	88	receipt	receipt	NOUN
ftr-322	203	89	.	.	PUNCT
ftr-322	204	1	25	25	NUM
ftr-322	204	2	.	.	PUNCT
ftr-322	204	3	brad	brad	PROPN
ftr-322	204	4	borden	borden	PROPN
ftr-322	204	5	makes	make	VERB
ftr-322	204	6	a	a	DET
ftr-322	204	7	similar	similar	ADJ
ftr-322	204	8	point	point	NOUN
ftr-322	204	9	in	in	ADP
ftr-322	204	10	arguing	argue	VERB
ftr-322	204	11	that	that	SCONJ
ftr-322	204	12	the	the	DET
ftr-322	204	13	test	test	NOUN
ftr-322	204	14	for	for	ADP
ftr-322	204	15	allocations	allocation	NOUN
ftr-322	204	16	ought	ought	AUX
ftr-322	204	17	to	to	PART
ftr-322	204	18	be	be	AUX
ftr-322	204	19	―deal	―deal	NOUN
ftr-322	204	20	-	-	PUNCT
ftr-322	204	21	centric‖	centric‖	NOUN
ftr-322	204	22	rather	rather	ADV
ftr-322	204	23	than	than	ADP
ftr-322	204	24	capital	capital	NOUN
ftr-322	204	25	-	-	PUNCT
ftr-322	204	26	account	account	NOUN
ftr-322	204	27	-	-	PUNCT
ftr-322	204	28	centric	centric	NOUN
ftr-322	204	29	.	.	PUNCT
ftr-322	205	1	bradley	bradley	PROPN
ftr-322	205	2	t.	t.	PROPN
ftr-322	205	3	borden	borden	PROPN
ftr-322	205	4	,	,	PUNCT
ftr-322	205	5	partnership	partnership	NOUN
ftr-322	205	6	tax	tax	NOUN
ftr-322	205	7	allocations	allocation	NOUN
ftr-322	205	8	and	and	CCONJ
ftr-322	205	9	the	the	DET
ftr-322	205	10	internalization	internalization	NOUN
ftr-322	205	11	of	of	ADP
ftr-322	205	12	tax	tax	NOUN
ftr-322	205	13	-	-	PUNCT
ftr-322	205	14	item	item	NOUN
ftr-322	205	15	transaction	transaction	NOUN
ftr-322	205	16	,	,	PUNCT
ftr-322	205	17	59	59	NUM
ftr-322	205	18	s.c	s.c	PROPN
ftr-322	205	19	.	.	PROPN
ftr-322	205	20	l.	l.	PROPN
ftr-322	205	21	rev	rev	PROPN
ftr-322	205	22	.	.	PROPN
ftr-322	205	23	297	297	NUM
ftr-322	205	24	,	,	PUNCT
ftr-322	205	25	344–45	344–45	NUM
ftr-322	205	26	(	(	PUNCT
ftr-322	205	27	2008	2008	NUM
ftr-322	205	28	)	)	PUNCT
ftr-322	205	29	.	.	PUNCT
ftr-322	206	1	26	26	NUM
ftr-322	206	2	.	.	PUNCT
ftr-322	207	1	in	in	ADP
ftr-322	207	2	many	many	ADJ
ftr-322	207	3	cases	case	NOUN
ftr-322	207	4	,	,	PUNCT
ftr-322	207	5	partners	partner	NOUN
ftr-322	207	6	are	be	AUX
ftr-322	207	7	compensated	compensate	VERB
ftr-322	207	8	in	in	ADP
ftr-322	207	9	part	part	NOUN
ftr-322	207	10	on	on	ADP
ftr-322	207	11	a	a	DET
ftr-322	207	12	basis	basis	NOUN
ftr-322	207	13	other	other	ADJ
ftr-322	207	14	than	than	ADP
ftr-322	207	15	with	with	ADP
ftr-322	207	16	reference	reference	NOUN
ftr-322	207	17	to	to	ADP
ftr-322	207	18	partnership	partnership	NOUN
ftr-322	207	19	profits	profit	NOUN
ftr-322	207	20	,	,	PUNCT
ftr-322	207	21	in	in	ADP
ftr-322	207	22	which	which	DET
ftr-322	207	23	case	case	NOUN
ftr-322	207	24	the	the	DET
ftr-322	207	25	payments	payment	NOUN
ftr-322	207	26	are	be	AUX
ftr-322	207	27	characterized	characterize	VERB
ftr-322	207	28	under	under	ADP
ftr-322	207	29	section	section	NOUN
ftr-322	207	30	707(c	707(c	PROPN
ftr-322	207	31	)	)	PUNCT
ftr-322	207	32	to	to	ADP
ftr-322	207	33	that	that	DET
ftr-322	207	34	extent	extent	NOUN
ftr-322	207	35	.	.	PUNCT
ftr-322	208	1	under	under	ADP
ftr-322	208	2	that	that	DET
ftr-322	208	3	provision	provision	NOUN
ftr-322	208	4	,	,	PUNCT
ftr-322	208	5	payments	payment	NOUN
ftr-322	208	6	generally	generally	ADV
ftr-322	208	7	are	be	AUX
ftr-322	208	8	includible	includible	ADJ
ftr-322	208	9	by	by	ADP
ftr-322	208	10	the	the	DET
ftr-322	208	11	partner	partner	NOUN
ftr-322	208	12	and	and	CCONJ
ftr-322	208	13	deductible	deductible	ADJ
ftr-322	208	14	or	or	CCONJ
ftr-322	208	15	capitalizable	capitalizable	ADJ
ftr-322	208	16	by	by	ADP
ftr-322	208	17	the	the	DET
ftr-322	208	18	partnership	partnership	NOUN
ftr-322	208	19	(	(	PUNCT
ftr-322	208	20	including	include	VERB
ftr-322	208	21	2012	2012	NUM
ftr-322	208	22	]	]	PUNCT
ftr-322	208	23	special	special	ADJ
ftr-322	208	24	allocations	allocation	NOUN
ftr-322	208	25	revisited	revisit	VERB
ftr-322	208	26	357	357	NUM
ftr-322	208	27	the	the	DET
ftr-322	208	28	arrangement	arrangement	NOUN
ftr-322	208	29	in	in	ADP
ftr-322	208	30	a	a	DET
ftr-322	208	31	typical	typical	ADJ
ftr-322	208	32	―brains	―brain	NOUN
ftr-322	208	33	and	and	CCONJ
ftr-322	208	34	money‖	money‖	NOUN
ftr-322	208	35	partnership	partnership	NOUN
ftr-322	208	36	that	that	PRON
ftr-322	208	37	anticipates	anticipate	VERB
ftr-322	208	38	all	all	DET
ftr-322	208	39	income	income	NOUN
ftr-322	208	40	to	to	PART
ftr-322	208	41	be	be	AUX
ftr-322	208	42	derived	derive	VERB
ftr-322	208	43	from	from	ADP
ftr-322	208	44	the	the	DET
ftr-322	208	45	sale	sale	NOUN
ftr-322	208	46	of	of	ADP
ftr-322	208	47	partnership	partnership	NOUN
ftr-322	208	48	services	service	NOUN
ftr-322	208	49	illustrates	illustrate	VERB
ftr-322	208	50	the	the	DET
ftr-322	208	51	difficulty	difficulty	NOUN
ftr-322	208	52	.	.	PUNCT
ftr-322	209	1	often	often	ADV
ftr-322	209	2	the	the	DET
ftr-322	209	3	agreement	agreement	NOUN
ftr-322	209	4	will	will	AUX
ftr-322	209	5	provide	provide	VERB
ftr-322	209	6	that	that	SCONJ
ftr-322	209	7	one	one	NUM
ftr-322	209	8	partner	partner	NOUN
ftr-322	209	9	contributes	contribute	VERB
ftr-322	209	10	all	all	DET
ftr-322	209	11	the	the	DET
ftr-322	209	12	capital	capital	NOUN
ftr-322	209	13	while	while	SCONJ
ftr-322	209	14	the	the	DET
ftr-322	209	15	other	other	ADJ
ftr-322	209	16	contributes	contribute	VERB
ftr-322	209	17	services	service	NOUN
ftr-322	209	18	,	,	PUNCT
ftr-322	209	19	with	with	ADP
ftr-322	209	20	the	the	DET
ftr-322	209	21	partners	partner	NOUN
ftr-322	209	22	agreeing	agree	VERB
ftr-322	209	23	to	to	ADP
ftr-322	209	24	some	some	DET
ftr-322	209	25	division	division	NOUN
ftr-322	209	26	of	of	ADP
ftr-322	209	27	partnership	partnership	NOUN
ftr-322	209	28	profits	profit	NOUN
ftr-322	209	29	.	.	PUNCT
ftr-322	210	1	27	27	NUM
ftr-322	210	2	the	the	DET
ftr-322	210	3	laboring	labor	VERB
ftr-322	210	4	partner‘s	partner‘s	PROPN
ftr-322	210	5	initial	initial	ADJ
ftr-322	210	6	capital	capital	NOUN
ftr-322	210	7	account	account	NOUN
ftr-322	210	8	balance	balance	NOUN
ftr-322	210	9	may	may	AUX
ftr-322	210	10	or	or	CCONJ
ftr-322	210	11	may	may	AUX
ftr-322	210	12	not	not	PART
ftr-322	210	13	reflect	reflect	VERB
ftr-322	210	14	a	a	DET
ftr-322	210	15	percentage	percentage	NOUN
ftr-322	210	16	of	of	ADP
ftr-322	210	17	total	total	ADJ
ftr-322	210	18	partnership	partnership	NOUN
ftr-322	210	19	capital	capital	NOUN
ftr-322	210	20	equal	equal	ADJ
ftr-322	210	21	to	to	ADP
ftr-322	210	22	the	the	DET
ftr-322	210	23	percentage	percentage	NOUN
ftr-322	210	24	of	of	ADP
ftr-322	210	25	profits	profit	NOUN
ftr-322	210	26	to	to	PART
ftr-322	210	27	which	which	PRON
ftr-322	210	28	the	the	DET
ftr-322	210	29	partner	partner	NOUN
ftr-322	210	30	is	be	AUX
ftr-322	210	31	entitled	entitle	VERB
ftr-322	210	32	,	,	PUNCT
ftr-322	210	33	and	and	CCONJ
ftr-322	210	34	,	,	PUNCT
ftr-322	210	35	even	even	ADV
ftr-322	210	36	if	if	SCONJ
ftr-322	210	37	it	it	PRON
ftr-322	210	38	does	do	AUX
ftr-322	210	39	equal	equal	VERB
ftr-322	210	40	that	that	DET
ftr-322	210	41	percentage	percentage	NOUN
ftr-322	210	42	,	,	PUNCT
ftr-322	210	43	fluctuations	fluctuation	NOUN
ftr-322	210	44	in	in	ADP
ftr-322	210	45	the	the	DET
ftr-322	210	46	capital	capital	NOUN
ftr-322	210	47	accounts	account	NOUN
ftr-322	210	48	over	over	ADP
ftr-322	210	49	time	time	NOUN
ftr-322	210	50	may	may	AUX
ftr-322	210	51	not	not	PART
ftr-322	210	52	correspond	correspond	VERB
ftr-322	210	53	to	to	ADP
ftr-322	210	54	the	the	DET
ftr-322	210	55	agreement	agreement	NOUN
ftr-322	210	56	on	on	ADP
ftr-322	210	57	the	the	DET
ftr-322	210	58	division	division	NOUN
ftr-322	210	59	of	of	ADP
ftr-322	210	60	partnership	partnership	NOUN
ftr-322	210	61	income	income	NOUN
ftr-322	210	62	.	.	PUNCT
ftr-322	211	1	consequently	consequently	ADV
ftr-322	211	2	,	,	PUNCT
ftr-322	211	3	it	it	PRON
ftr-322	211	4	makes	make	VERB
ftr-322	211	5	sense	sense	NOUN
ftr-322	211	6	to	to	PART
ftr-322	211	7	construe	construe	VERB
ftr-322	211	8	the	the	DET
ftr-322	211	9	laboring	labor	VERB
ftr-322	211	10	partner‘s	partner‘s	PROPN
ftr-322	211	11	pip	pip	NOUN
ftr-322	211	12	as	as	SCONJ
ftr-322	211	13	determined	determine	VERB
ftr-322	211	14	at	at	ADP
ftr-322	211	15	least	least	ADJ
ftr-322	211	16	in	in	ADP
ftr-322	211	17	part	part	NOUN
ftr-322	211	18	by	by	ADP
ftr-322	211	19	the	the	DET
ftr-322	211	20	partner‘s	partner‘s	PROPN
ftr-322	211	21	share	share	NOUN
ftr-322	211	22	of	of	ADP
ftr-322	211	23	partnership	partnership	NOUN
ftr-322	211	24	income	income	NOUN
ftr-322	211	25	as	as	SCONJ
ftr-322	211	26	provided	provide	VERB
ftr-322	211	27	under	under	ADP
ftr-322	211	28	the	the	DET
ftr-322	211	29	partnership	partnership	NOUN
ftr-322	211	30	agreement	agreement	NOUN
ftr-322	211	31	and	and	CCONJ
ftr-322	211	32	not	not	PART
ftr-322	211	33	by	by	ADP
ftr-322	211	34	the	the	DET
ftr-322	211	35	partners	partner	NOUN
ftr-322	211	36	‘	'	PUNCT
ftr-322	211	37	capital	capital	NOUN
ftr-322	211	38	account	account	NOUN
ftr-322	211	39	balances	balance	NOUN
ftr-322	211	40	,	,	PUNCT
ftr-322	211	41	assuming	assume	VERB
ftr-322	211	42	the	the	DET
ftr-322	211	43	partners	partner	NOUN
ftr-322	211	44	deal	deal	VERB
ftr-322	211	45	with	with	ADP
ftr-322	211	46	each	each	DET
ftr-322	211	47	other	other	ADJ
ftr-322	211	48	at	at	ADP
ftr-322	211	49	arm‘s	arm‘s	PROPN
ftr-322	211	50	length	length	NOUN
ftr-322	211	51	.	.	PUNCT
ftr-322	212	1	thus	thus	ADV
ftr-322	212	2	,	,	PUNCT
ftr-322	212	3	in	in	ADP
ftr-322	212	4	determining	determine	VERB
ftr-322	212	5	pip	pip	NOUN
ftr-322	212	6	for	for	ADP
ftr-322	212	7	purposes	purpose	NOUN
ftr-322	212	8	of	of	ADP
ftr-322	212	9	analyzing	analyze	VERB
ftr-322	212	10	special	special	ADJ
ftr-322	212	11	allocations	allocation	NOUN
ftr-322	212	12	,	,	PUNCT
ftr-322	212	13	one	one	PRON
ftr-322	212	14	must	must	AUX
ftr-322	212	15	recognize	recognize	VERB
ftr-322	212	16	that	that	SCONJ
ftr-322	212	17	a	a	DET
ftr-322	212	18	partner‘s	partner‘s	PROPN
ftr-322	212	19	entitlement	entitlement	NOUN
ftr-322	212	20	to	to	PART
ftr-322	212	21	partnership	partnership	NOUN
ftr-322	212	22	income	income	NOUN
ftr-322	212	23	that	that	PRON
ftr-322	212	24	differs	differ	VERB
ftr-322	212	25	from	from	ADP
ftr-322	212	26	the	the	DET
ftr-322	212	27	relative	relative	ADJ
ftr-322	212	28	capital	capital	NOUN
ftr-322	212	29	account	account	NOUN
ftr-322	212	30	balances	balance	NOUN
ftr-322	212	31	may	may	AUX
ftr-322	212	32	be	be	AUX
ftr-322	212	33	appropriate	appropriate	ADJ
ftr-322	212	34	to	to	ADP
ftr-322	212	35	the	the	DET
ftr-322	212	36	extent	extent	NOUN
ftr-322	212	37	partnership	partnership	NOUN
ftr-322	212	38	income	income	NOUN
ftr-322	212	39	depends	depend	VERB
ftr-322	212	40	upon	upon	SCONJ
ftr-322	212	41	services	service	NOUN
ftr-322	212	42	provided	provide	VERB
ftr-322	212	43	by	by	ADP
ftr-322	212	44	the	the	DET
ftr-322	212	45	partners	partner	NOUN
ftr-322	212	46	.	.	PUNCT
ftr-322	213	1	the	the	DET
ftr-322	213	2	import	import	NOUN
ftr-322	213	3	of	of	ADP
ftr-322	213	4	this	this	DET
ftr-322	213	5	observation	observation	NOUN
ftr-322	213	6	has	have	VERB
ftr-322	213	7	not	not	PART
ftr-322	213	8	so	so	ADV
ftr-322	213	9	much	much	ADJ
ftr-322	213	10	to	to	PART
ftr-322	213	11	do	do	VERB
ftr-322	213	12	with	with	ADP
ftr-322	213	13	the	the	DET
ftr-322	213	14	analysis	analysis	NOUN
ftr-322	213	15	of	of	ADP
ftr-322	213	16	ratable	ratable	ADJ
ftr-322	213	17	ownership	ownership	NOUN
ftr-322	213	18	under	under	ADP
ftr-322	213	19	the	the	DET
ftr-322	213	20	aggregate	aggregate	ADJ
ftr-322	213	21	theory	theory	NOUN
ftr-322	213	22	as	as	SCONJ
ftr-322	213	23	it	it	PRON
ftr-322	213	24	does	do	VERB
ftr-322	213	25	in	in	ADP
ftr-322	213	26	recognizing	recognize	VERB
ftr-322	213	27	that	that	SCONJ
ftr-322	213	28	an	an	DET
ftr-322	213	29	agreement	agreement	NOUN
ftr-322	213	30	to	to	PART
ftr-322	213	31	divide	divide	VERB
ftr-322	213	32	partnership	partnership	NOUN
ftr-322	213	33	profits	profit	NOUN
ftr-322	213	34	in	in	ADP
ftr-322	213	35	a	a	DET
ftr-322	213	36	ratio	ratio	NOUN
ftr-322	213	37	different	different	ADJ
ftr-322	213	38	from	from	ADP
ftr-322	213	39	the	the	DET
ftr-322	213	40	partners	partner	NOUN
ftr-322	213	41	‘	'	PUNCT
ftr-322	213	42	capital	capital	NOUN
ftr-322	213	43	account	account	NOUN
ftr-322	213	44	balances	balance	NOUN
ftr-322	213	45	does	do	AUX
ftr-322	213	46	not	not	PART
ftr-322	213	47	always	always	ADV
ftr-322	213	48	constitute	constitute	VERB
ftr-322	213	49	a	a	DET
ftr-322	213	50	―special	―special	ADJ
ftr-322	213	51	allocation.‖	allocation.‖	NOUN
ftr-322	213	52	the	the	DET
ftr-322	213	53	analysis	analysis	NOUN
ftr-322	213	54	offered	offer	VERB
ftr-322	213	55	here	here	ADV
ftr-322	213	56	suggests	suggest	VERB
ftr-322	213	57	congress	congress	PROPN
ftr-322	213	58	should	should	AUX
ftr-322	213	59	amend	amend	VERB
ftr-322	213	60	section	section	NOUN
ftr-322	213	61	704(b	704(b	PROPN
ftr-322	213	62	)	)	PUNCT
ftr-322	213	63	to	to	PART
ftr-322	213	64	eliminate	eliminate	VERB
ftr-322	213	65	special	special	ADJ
ftr-322	213	66	allocations	allocation	NOUN
ftr-322	213	67	to	to	ADP
ftr-322	213	68	the	the	DET
ftr-322	213	69	extent	extent	NOUN
ftr-322	213	70	they	they	PRON
ftr-322	213	71	are	be	AUX
ftr-322	213	72	inconsistent	inconsistent	ADJ
ftr-322	213	73	with	with	ADP
ftr-322	213	74	pip	pip	PROPN
ftr-322	213	75	broadly	broadly	ADV
ftr-322	213	76	understood	understand	VERB
ftr-322	213	77	.	.	PUNCT
ftr-322	214	1	the	the	DET
ftr-322	214	2	principal	principal	ADJ
ftr-322	214	3	goals	goal	NOUN
ftr-322	214	4	are	be	AUX
ftr-322	214	5	to	to	PART
ftr-322	214	6	remove	remove	VERB
ftr-322	214	7	the	the	DET
ftr-322	214	8	opportunities	opportunity	NOUN
ftr-322	214	9	for	for	ADP
ftr-322	214	10	abuse	abuse	NOUN
ftr-322	214	11	that	that	PRON
ftr-322	214	12	arise	arise	VERB
ftr-322	214	13	under	under	ADP
ftr-322	214	14	the	the	DET
ftr-322	214	15	special	special	ADJ
ftr-322	214	16	allocation	allocation	NOUN
ftr-322	214	17	rules	rule	NOUN
ftr-322	214	18	and	and	CCONJ
ftr-322	214	19	to	to	PART
ftr-322	214	20	make	make	VERB
ftr-322	214	21	those	those	DET
ftr-322	214	22	rules	rule	NOUN
ftr-322	214	23	consistent	consistent	ADJ
ftr-322	214	24	with	with	ADP
ftr-322	214	25	congress‘s	congress‘s	NOUN
ftr-322	214	26	evident	evident	ADJ
ftr-322	214	27	concern	concern	NOUN
ftr-322	214	28	,	,	PUNCT
ftr-322	214	29	expressed	express	VERB
ftr-322	214	30	in	in	ADP
ftr-322	214	31	other	other	ADJ
ftr-322	214	32	provisions	provision	NOUN
ftr-322	214	33	of	of	ADP
ftr-322	214	34	subchapter	subchapter	NOUN
ftr-322	214	35	k	k	NOUN
ftr-322	214	36	,	,	PUNCT
ftr-322	214	37	that	that	SCONJ
ftr-322	214	38	taxpayers	taxpayer	NOUN
ftr-322	214	39	not	not	PART
ftr-322	214	40	use	use	VERB
ftr-322	214	41	the	the	DET
ftr-322	214	42	partnership	partnership	NOUN
ftr-322	214	43	form	form	NOUN
ftr-322	214	44	to	to	PART
ftr-322	214	45	shift	shift	VERB
ftr-322	214	46	the	the	DET
ftr-322	214	47	timing	timing	NOUN
ftr-322	214	48	or	or	CCONJ
ftr-322	214	49	character	character	NOUN
ftr-322	214	50	of	of	ADP
ftr-322	214	51	income	income	NOUN
ftr-322	214	52	among	among	ADP
ftr-322	214	53	partners	partner	NOUN
ftr-322	214	54	for	for	ADP
ftr-322	214	55	tax	tax	NOUN
ftr-322	214	56	reasons	reason	NOUN
ftr-322	214	57	.	.	PUNCT
ftr-322	215	1	a	a	DET
ftr-322	215	2	secondary	secondary	ADJ
ftr-322	215	3	suggestion	suggestion	NOUN
ftr-322	215	4	,	,	PUNCT
ftr-322	215	5	and	and	CCONJ
ftr-322	215	6	in	in	ADP
ftr-322	215	7	effect	effect	NOUN
ftr-322	215	8	an	an	DET
ftr-322	215	9	alternative	alternative	ADJ
ftr-322	215	10	one	one	NUM
ftr-322	215	11	,	,	PUNCT
ftr-322	215	12	is	be	AUX
ftr-322	215	13	that	that	SCONJ
ftr-322	215	14	congress	congress	PROPN
ftr-322	215	15	and	and	CCONJ
ftr-322	215	16	treasury	treasury	PROPN
ftr-322	215	17	move	move	NOUN
ftr-322	215	18	toward	toward	ADP
ftr-322	215	19	greater	great	ADJ
ftr-322	215	20	consistency	consistency	NOUN
ftr-322	215	21	across	across	ADP
ftr-322	215	22	subchapter	subchapter	NOUN
ftr-322	215	23	k.	k.	PROPN
ftr-322	216	1	if	if	SCONJ
ftr-322	216	2	congress	congress	PROPN
ftr-322	216	3	were	be	AUX
ftr-322	216	4	to	to	PART
ftr-322	216	5	decide	decide	VERB
ftr-322	216	6	not	not	PART
ftr-322	216	7	to	to	PART
ftr-322	216	8	pursue	pursue	VERB
ftr-322	216	9	the	the	DET
ftr-322	216	10	types	type	NOUN
ftr-322	216	11	of	of	ADP
ftr-322	216	12	reform	reform	NOUN
ftr-322	216	13	detailed	detail	VERB
ftr-322	216	14	here	here	ADV
ftr-322	216	15	or	or	CCONJ
ftr-322	216	16	by	by	ADP
ftr-322	216	17	other	other	ADJ
ftr-322	216	18	commentators	commentator	NOUN
ftr-322	216	19	,	,	PUNCT
ftr-322	216	20	one	one	PRON
ftr-322	216	21	might	might	AUX
ftr-322	216	22	wonder	wonder	VERB
ftr-322	216	23	whether	whether	SCONJ
ftr-322	216	24	the	the	DET
ftr-322	216	25	rules	rule	NOUN
ftr-322	216	26	on	on	ADP
ftr-322	216	27	unwarranted	unwarranted	ADJ
ftr-322	216	28	character	character	NOUN
ftr-322	216	29	shifts	shift	NOUN
ftr-322	216	30	in	in	ADP
ftr-322	216	31	other	other	ADJ
ftr-322	216	32	code	code	NOUN
ftr-322	216	33	provisions	provision	NOUN
ftr-322	216	34	ought	ought	AUX
ftr-322	216	35	to	to	PART
ftr-322	216	36	survive	survive	VERB
ftr-322	216	37	.	.	PUNCT
ftr-322	217	1	although	although	SCONJ
ftr-322	217	2	a	a	DET
ftr-322	217	3	repeal	repeal	NOUN
ftr-322	217	4	of	of	ADP
ftr-322	217	5	these	these	DET
ftr-322	217	6	rules	rule	NOUN
ftr-322	217	7	also	also	ADV
ftr-322	217	8	would	would	AUX
ftr-322	217	9	require	require	VERB
ftr-322	217	10	congressional	congressional	ADJ
ftr-322	217	11	action	action	NOUN
ftr-322	217	12	,	,	PUNCT
ftr-322	217	13	repeal	repeal	NOUN
ftr-322	217	14	would	would	AUX
ftr-322	217	15	appear	appear	VERB
ftr-322	217	16	to	to	PART
ftr-322	217	17	be	be	AUX
ftr-322	217	18	appropriate	appropriate	ADJ
ftr-322	217	19	given	give	VERB
ftr-322	217	20	the	the	DET
ftr-322	217	21	manifest	manifest	ADJ
ftr-322	217	22	inconsistency	inconsistency	NOUN
ftr-322	217	23	between	between	ADP
ftr-322	217	24	incomeand	incomeand	NOUN
ftr-322	217	25	charactershifting	charactershifte	VERB
ftr-322	217	26	opportunities	opportunity	NOUN
ftr-322	217	27	permitted	permit	VERB
ftr-322	217	28	to	to	PART
ftr-322	217	29	survive	survive	VERB
ftr-322	217	30	under	under	ADP
ftr-322	217	31	section	section	NOUN
ftr-322	217	32	704(b	704(b	PROPN
ftr-322	217	33	)	)	PUNCT
ftr-322	217	34	and	and	CCONJ
ftr-322	217	35	those	those	PRON
ftr-322	217	36	shut	shut	VERB
ftr-322	217	37	down	down	ADP
ftr-322	217	38	under	under	ADP
ftr-322	217	39	such	such	ADJ
ftr-322	217	40	provisions	provision	NOUN
ftr-322	217	41	as	as	ADP
ftr-322	217	42	sections	section	NOUN
ftr-322	217	43	707	707	NUM
ftr-322	217	44	,	,	PUNCT
ftr-322	217	45	737	737	NUM
ftr-322	217	46	,	,	PUNCT
ftr-322	217	47	and	and	CCONJ
ftr-322	217	48	751	751	NUM
ftr-322	217	49	.	.	PUNCT
ftr-322	218	1	the	the	DET
ftr-322	218	2	recipient	recipient	NOUN
ftr-322	218	3	partner	partner	NOUN
ftr-322	218	4	qua	qua	NOUN
ftr-322	218	5	payor	payor	NOUN
ftr-322	218	6	)	)	PUNCT
ftr-322	218	7	,	,	PUNCT
ftr-322	218	8	depending	depend	VERB
ftr-322	218	9	upon	upon	SCONJ
ftr-322	218	10	the	the	DET
ftr-322	218	11	nature	nature	NOUN
ftr-322	218	12	of	of	ADP
ftr-322	218	13	the	the	DET
ftr-322	218	14	services	service	NOUN
ftr-322	218	15	for	for	ADP
ftr-322	218	16	which	which	PRON
ftr-322	218	17	the	the	DET
ftr-322	218	18	payment	payment	NOUN
ftr-322	218	19	is	be	AUX
ftr-322	218	20	made	make	VERB
ftr-322	218	21	.	.	PUNCT
ftr-322	219	1	see	see	VERB
ftr-322	219	2	reg	reg	NOUN
ftr-322	219	3	.	.	PUNCT
ftr-322	220	1	§	§	PROPN
ftr-322	220	2	1.707	1.707	NUM
ftr-322	220	3	-	-	SYM
ftr-322	220	4	1(c	1(c	NUM
ftr-322	220	5	)	)	PUNCT
ftr-322	220	6	.	.	PUNCT
ftr-322	221	1	27	27	NUM
ftr-322	221	2	.	.	PUNCT
ftr-322	222	1	see	see	VERB
ftr-322	222	2	curtis	curtis	PROPN
ftr-322	222	3	j.	j.	PROPN
ftr-322	222	4	berger	berger	PROPN
ftr-322	222	5	,	,	PUNCT
ftr-322	222	6	w(h)ither	w(h)ither	PROPN
ftr-322	222	7	partnership	partnership	NOUN
ftr-322	222	8	taxation	taxation	PROPN
ftr-322	222	9	?	?	PUNCT
ftr-322	223	1	,	,	PUNCT
ftr-322	223	2	47	47	NUM
ftr-322	223	3	tax	tax	NOUN
ftr-322	223	4	l.	l.	PROPN
ftr-322	223	5	rev	rev	PROPN
ftr-322	223	6	.	.	PROPN
ftr-322	223	7	105	105	NUM
ftr-322	223	8	,	,	PUNCT
ftr-322	223	9	108–09	108–09	NUM
ftr-322	223	10	,	,	PUNCT
ftr-322	223	11	131–33	131–33	NUM
ftr-322	223	12	(	(	PUNCT
ftr-322	223	13	1991	1991	NUM
ftr-322	223	14	)	)	PUNCT
ftr-322	223	15	(	(	PUNCT
ftr-322	223	16	discussing	discuss	VERB
ftr-322	223	17	propriety	propriety	NOUN
ftr-322	223	18	of	of	ADP
ftr-322	223	19	allocations	allocation	NOUN
ftr-322	223	20	in	in	ADP
ftr-322	223	21	―money	―money	NOUN
ftr-322	223	22	and	and	CCONJ
ftr-322	223	23	brains‖	brains‖	NOUN
ftr-322	223	24	partnerships	partnership	NOUN
ftr-322	223	25	not	not	PART
ftr-322	223	26	in	in	ADP
ftr-322	223	27	accordance	accordance	NOUN
ftr-322	223	28	with	with	ADP
ftr-322	223	29	capital	capital	NOUN
ftr-322	223	30	contributions	contribution	NOUN
ftr-322	223	31	)	)	PUNCT
ftr-322	223	32	.	.	PUNCT
ftr-322	224	1	358	358	NUM
ftr-322	224	2	florida	florida	PROPN
ftr-322	224	3	tax	tax	NOUN
ftr-322	224	4	review	review	NOUN
ftr-322	224	5	[	[	X
ftr-322	224	6	vol	vol	NOUN
ftr-322	224	7	.	.	PUNCT
ftr-322	225	1	13:7	13:7	NUM
ftr-322	225	2	the	the	DET
ftr-322	225	3	discussion	discussion	NOUN
ftr-322	225	4	proceeds	proceed	NOUN
ftr-322	225	5	as	as	SCONJ
ftr-322	225	6	follows	follow	VERB
ftr-322	225	7	.	.	PUNCT
ftr-322	226	1	part	part	PROPN
ftr-322	226	2	ii	ii	PROPN
ftr-322	226	3	offers	offer	VERB
ftr-322	226	4	a	a	DET
ftr-322	226	5	general	general	ADJ
ftr-322	226	6	overview	overview	NOUN
ftr-322	226	7	of	of	ADP
ftr-322	226	8	the	the	DET
ftr-322	226	9	operation	operation	NOUN
ftr-322	226	10	of	of	ADP
ftr-322	226	11	the	the	DET
ftr-322	226	12	special	special	ADJ
ftr-322	226	13	allocation	allocation	NOUN
ftr-322	226	14	provisions	provision	NOUN
ftr-322	226	15	under	under	ADP
ftr-322	226	16	the	the	DET
ftr-322	226	17	section	section	NOUN
ftr-322	226	18	704(b	704(b	PROPN
ftr-322	226	19	)	)	PUNCT
ftr-322	226	20	regulations	regulation	NOUN
ftr-322	226	21	.	.	PUNCT
ftr-322	227	1	part	part	NOUN
ftr-322	227	2	iii	iii	PRON
ftr-322	227	3	provides	provide	VERB
ftr-322	227	4	an	an	DET
ftr-322	227	5	abbreviated	abbreviate	VERB
ftr-322	227	6	overview	overview	NOUN
ftr-322	227	7	of	of	ADP
ftr-322	227	8	the	the	DET
ftr-322	227	9	rules	rule	NOUN
ftr-322	227	10	on	on	ADP
ftr-322	227	11	substantial	substantial	ADJ
ftr-322	227	12	economic	economic	ADJ
ftr-322	227	13	effect	effect	NOUN
ftr-322	227	14	(	(	PUNCT
ftr-322	227	15	see	see	VERB
ftr-322	227	16	)	)	PUNCT
ftr-322	227	17	.	.	PUNCT
ftr-322	228	1	part	part	NOUN
ftr-322	228	2	iv	iv	NUM
ftr-322	228	3	identifies	identify	VERB
ftr-322	228	4	problems	problem	NOUN
ftr-322	228	5	with	with	ADP
ftr-322	228	6	some	some	DET
ftr-322	228	7	exemplary	exemplary	ADJ
ftr-322	228	8	special	special	ADJ
ftr-322	228	9	allocations	allocation	NOUN
ftr-322	228	10	.	.	PUNCT
ftr-322	229	1	part	part	NOUN
ftr-322	229	2	v	v	PROPN
ftr-322	229	3	suggests	suggest	VERB
ftr-322	229	4	two	two	NUM
ftr-322	229	5	possible	possible	ADJ
ftr-322	229	6	approaches	approach	NOUN
ftr-322	229	7	to	to	ADP
ftr-322	229	8	addressing	address	VERB
ftr-322	229	9	the	the	DET
ftr-322	229	10	problem	problem	NOUN
ftr-322	229	11	of	of	ADP
ftr-322	229	12	special	special	ADJ
ftr-322	229	13	allocations	allocation	NOUN
ftr-322	229	14	,	,	PUNCT
ftr-322	229	15	either	either	ADV
ftr-322	229	16	or	or	CCONJ
ftr-322	229	17	both	both	PRON
ftr-322	229	18	of	of	ADP
ftr-322	229	19	which	which	PRON
ftr-322	229	20	congress	congress	PROPN
ftr-322	229	21	could	could	AUX
ftr-322	229	22	adopt	adopt	VERB
ftr-322	229	23	.	.	PUNCT
ftr-322	230	1	ii	ii	PROPN
ftr-322	230	2	.	.	PROPN
ftr-322	231	1	overview	overview	NOUN
ftr-322	231	2	to	to	PART
ftr-322	231	3	give	give	VERB
ftr-322	231	4	effect	effect	NOUN
ftr-322	231	5	to	to	ADP
ftr-322	231	6	the	the	DET
ftr-322	231	7	pass	pass	VERB
ftr-322	231	8	-	-	PUNCT
ftr-322	231	9	through	through	ADP
ftr-322	231	10	regime	regime	NOUN
ftr-322	231	11	of	of	ADP
ftr-322	231	12	partnership	partnership	NOUN
ftr-322	231	13	income	income	NOUN
ftr-322	231	14	taxation	taxation	NOUN
ftr-322	232	1	,	,	PUNCT
ftr-322	232	2	the	the	DET
ftr-322	232	3	code	code	NOUN
ftr-322	232	4	provides	provide	VERB
ftr-322	232	5	in	in	ADP
ftr-322	232	6	most	most	ADJ
ftr-322	232	7	cases	case	NOUN
ftr-322	232	8	that	that	SCONJ
ftr-322	232	9	the	the	DET
ftr-322	232	10	partnership	partnership	NOUN
ftr-322	232	11	is	be	AUX
ftr-322	232	12	treated	treat	VERB
ftr-322	232	13	as	as	ADP
ftr-322	232	14	an	an	DET
ftr-322	232	15	aggregate	aggregate	NOUN
ftr-322	232	16	of	of	ADP
ftr-322	232	17	its	its	PRON
ftr-322	232	18	partners	partner	NOUN
ftr-322	232	19	.	.	PUNCT
ftr-322	233	1	in	in	ADP
ftr-322	233	2	essence	essence	NOUN
ftr-322	233	3	,	,	PUNCT
ftr-322	233	4	aggregate	aggregate	ADJ
ftr-322	233	5	treatment	treatment	NOUN
ftr-322	233	6	means	mean	VERB
ftr-322	233	7	that	that	SCONJ
ftr-322	233	8	the	the	DET
ftr-322	233	9	income	income	NOUN
ftr-322	233	10	tax	tax	NOUN
ftr-322	233	11	effect	effect	NOUN
ftr-322	233	12	of	of	ADP
ftr-322	233	13	the	the	DET
ftr-322	233	14	partnership‘s	partnership‘s	NOUN
ftr-322	233	15	activity	activity	NOUN
ftr-322	233	16	is	be	AUX
ftr-322	233	17	accounted	account	VERB
ftr-322	233	18	for	for	ADP
ftr-322	233	19	wholly	wholly	ADV
ftr-322	233	20	at	at	ADP
ftr-322	233	21	the	the	DET
ftr-322	233	22	partner	partner	NOUN
ftr-322	233	23	level	level	NOUN
ftr-322	233	24	.	.	PUNCT
ftr-322	234	1	28	28	NUM
ftr-322	235	1	if	if	SCONJ
ftr-322	235	2	,	,	PUNCT
ftr-322	235	3	for	for	ADP
ftr-322	235	4	example	example	NOUN
ftr-322	235	5	,	,	PUNCT
ftr-322	235	6	the	the	DET
ftr-322	235	7	partnership	partnership	NOUN
ftr-322	235	8	realizes	realize	VERB
ftr-322	235	9	net	net	ADJ
ftr-322	235	10	losses	loss	NOUN
ftr-322	235	11	on	on	ADP
ftr-322	235	12	sales	sale	NOUN
ftr-322	235	13	of	of	ADP
ftr-322	235	14	capital	capital	NOUN
ftr-322	235	15	assets	asset	NOUN
ftr-322	235	16	,	,	PUNCT
ftr-322	235	17	whether	whether	SCONJ
ftr-322	235	18	the	the	DET
ftr-322	235	19	losses	loss	NOUN
ftr-322	235	20	operate	operate	VERB
ftr-322	235	21	as	as	ADP
ftr-322	235	22	an	an	DET
ftr-322	235	23	offset	offset	NOUN
ftr-322	235	24	(	(	PUNCT
ftr-322	235	25	to	to	ADP
ftr-322	235	26	the	the	DET
ftr-322	235	27	extent	extent	NOUN
ftr-322	235	28	permitted	permit	VERB
ftr-322	235	29	)	)	PUNCT
ftr-322	235	30	to	to	ADP
ftr-322	235	31	ordinary	ordinary	ADJ
ftr-322	235	32	income	income	NOUN
ftr-322	235	33	or	or	CCONJ
ftr-322	235	34	instead	instead	ADV
ftr-322	235	35	reduce	reduce	VERB
ftr-322	235	36	capital	capital	NOUN
ftr-322	235	37	gain	gain	NOUN
ftr-322	235	38	is	be	AUX
ftr-322	235	39	determined	determine	VERB
ftr-322	235	40	at	at	ADP
ftr-322	235	41	the	the	DET
ftr-322	235	42	partner	partner	NOUN
ftr-322	235	43	level	level	NOUN
ftr-322	235	44	.	.	PUNCT
ftr-322	236	1	similarly	similarly	ADV
ftr-322	236	2	,	,	PUNCT
ftr-322	236	3	if	if	SCONJ
ftr-322	236	4	the	the	DET
ftr-322	236	5	partnership	partnership	NOUN
ftr-322	236	6	sells	sell	VERB
ftr-322	236	7	at	at	ADP
ftr-322	236	8	a	a	DET
ftr-322	236	9	gain	gain	NOUN
ftr-322	236	10	property	property	NOUN
ftr-322	236	11	used	use	VERB
ftr-322	236	12	in	in	ADP
ftr-322	236	13	its	its	PRON
ftr-322	236	14	trade	trade	NOUN
ftr-322	236	15	or	or	CCONJ
ftr-322	236	16	business	business	NOUN
ftr-322	236	17	,	,	PUNCT
ftr-322	236	18	then	then	ADV
ftr-322	236	19	whether	whether	SCONJ
ftr-322	236	20	the	the	DET
ftr-322	236	21	sale	sale	NOUN
ftr-322	236	22	generates	generate	VERB
ftr-322	236	23	a	a	DET
ftr-322	236	24	recapture	recapture	NOUN
ftr-322	236	25	of	of	ADP
ftr-322	236	26	loss	loss	NOUN
ftr-322	236	27	under	under	ADP
ftr-322	236	28	section	section	NOUN
ftr-322	236	29	1231	1231	NUM
ftr-322	236	30	will	will	AUX
ftr-322	236	31	be	be	AUX
ftr-322	236	32	determined	determine	VERB
ftr-322	236	33	at	at	ADP
ftr-322	236	34	the	the	DET
ftr-322	236	35	partner	partner	NOUN
ftr-322	236	36	level	level	NOUN
ftr-322	236	37	,	,	PUNCT
ftr-322	236	38	not	not	PART
ftr-322	236	39	the	the	DET
ftr-322	236	40	partnership	partnership	NOUN
ftr-322	236	41	level	level	NOUN
ftr-322	236	42	,	,	PUNCT
ftr-322	236	43	even	even	ADV
ftr-322	236	44	though	though	SCONJ
ftr-322	236	45	the	the	DET
ftr-322	236	46	character	character	NOUN
ftr-322	236	47	of	of	ADP
ftr-322	236	48	the	the	DET
ftr-322	236	49	item	item	NOUN
ftr-322	236	50	as	as	ADP
ftr-322	236	51	a	a	DET
ftr-322	236	52	section	section	NOUN
ftr-322	236	53	1231	1231	NUM
ftr-322	236	54	loss	loss	NOUN
ftr-322	236	55	is	be	AUX
ftr-322	236	56	determined	determine	VERB
ftr-322	236	57	at	at	ADP
ftr-322	236	58	the	the	DET
ftr-322	236	59	partnership	partnership	NOUN
ftr-322	236	60	level	level	NOUN
ftr-322	236	61	.	.	PUNCT
ftr-322	237	1	while	while	SCONJ
ftr-322	237	2	it	it	PRON
ftr-322	237	3	is	be	AUX
ftr-322	237	4	true	true	ADJ
ftr-322	237	5	that	that	SCONJ
ftr-322	237	6	some	some	DET
ftr-322	237	7	provisions	provision	NOUN
ftr-322	237	8	of	of	ADP
ftr-322	237	9	subchapter	subchapter	NOUN
ftr-322	237	10	k	k	PROPN
ftr-322	237	11	treat	treat	VERB
ftr-322	237	12	partnerships	partnership	NOUN
ftr-322	237	13	as	as	ADP
ftr-322	237	14	entities	entity	NOUN
ftr-322	237	15	,	,	PUNCT
ftr-322	237	16	for	for	ADP
ftr-322	237	17	the	the	DET
ftr-322	237	18	most	most	ADJ
ftr-322	237	19	part	part	NOUN
ftr-322	237	20	these	these	DET
ftr-322	237	21	provisions	provision	NOUN
ftr-322	237	22	reflect	reflect	VERB
ftr-322	237	23	the	the	DET
ftr-322	237	24	need	need	NOUN
ftr-322	237	25	for	for	ADP
ftr-322	237	26	administrability	administrability	NOUN
ftr-322	237	27	29	29	NUM
ftr-322	237	28	rather	rather	ADV
ftr-322	237	29	than	than	ADP
ftr-322	237	30	a	a	DET
ftr-322	237	31	desire	desire	NOUN
ftr-322	237	32	to	to	PART
ftr-322	237	33	treat	treat	VERB
ftr-322	237	34	the	the	DET
ftr-322	237	35	partnership	partnership	NOUN
ftr-322	237	36	in	in	ADP
ftr-322	237	37	economic	economic	ADJ
ftr-322	237	38	terms	term	NOUN
ftr-322	237	39	as	as	ADP
ftr-322	237	40	separate	separate	ADJ
ftr-322	237	41	from	from	ADP
ftr-322	237	42	the	the	DET
ftr-322	237	43	partners	partner	NOUN
ftr-322	237	44	.	.	PUNCT
ftr-322	238	1	as	as	ADP
ftr-322	238	2	an	an	DET
ftr-322	238	3	example	example	NOUN
ftr-322	238	4	,	,	PUNCT
ftr-322	238	5	the	the	DET
ftr-322	238	6	already	already	ADV
ftr-322	238	7	dauntingly	dauntingly	ADV
ftr-322	238	8	complex	complex	ADJ
ftr-322	238	9	rules	rule	NOUN
ftr-322	238	10	on	on	ADP
ftr-322	238	11	allocations	allocation	NOUN
ftr-322	238	12	of	of	ADP
ftr-322	238	13	various	various	ADJ
ftr-322	238	14	partnership	partnership	NOUN
ftr-322	238	15	items	item	NOUN
ftr-322	238	16	would	would	AUX
ftr-322	238	17	become	become	VERB
ftr-322	238	18	substantially	substantially	ADV
ftr-322	238	19	more	more	ADV
ftr-322	238	20	complex	complex	ADJ
ftr-322	238	21	if	if	SCONJ
ftr-322	238	22	each	each	DET
ftr-322	238	23	partner	partner	NOUN
ftr-322	238	24	had	have	VERB
ftr-322	238	25	his	his	PRON
ftr-322	238	26	or	or	CCONJ
ftr-322	238	27	her	her	PRON
ftr-322	238	28	own	own	ADJ
ftr-322	238	29	partnership	partnership	NOUN
ftr-322	238	30	tax	tax	NOUN
ftr-322	238	31	year	year	NOUN
ftr-322	238	32	.	.	PUNCT
ftr-322	239	1	as	as	ADP
ftr-322	239	2	another	another	DET
ftr-322	239	3	example	example	NOUN
ftr-322	239	4	,	,	PUNCT
ftr-322	239	5	similar	similar	ADJ
ftr-322	239	6	complexity	complexity	NOUN
ftr-322	239	7	would	would	AUX
ftr-322	239	8	arise	arise	VERB
ftr-322	239	9	if	if	SCONJ
ftr-322	239	10	each	each	DET
ftr-322	239	11	partner	partner	NOUN
ftr-322	239	12	could	could	AUX
ftr-322	239	13	make	make	VERB
ftr-322	239	14	the	the	DET
ftr-322	239	15	election	election	NOUN
ftr-322	239	16	under	under	ADP
ftr-322	239	17	section	section	NOUN
ftr-322	239	18	179	179	NUM
ftr-322	239	19	to	to	PART
ftr-322	239	20	expense	expense	VERB
ftr-322	239	21	certain	certain	ADJ
ftr-322	239	22	depreciable	depreciable	ADJ
ftr-322	239	23	business	business	NOUN
ftr-322	239	24	property	property	NOUN
ftr-322	239	25	.	.	PUNCT
ftr-322	240	1	for	for	ADP
ftr-322	240	2	these	these	PRON
ftr-322	240	3	and	and	CCONJ
ftr-322	240	4	other	other	ADJ
ftr-322	240	5	purposes	purpose	NOUN
ftr-322	240	6	,	,	PUNCT
ftr-322	240	7	the	the	DET
ftr-322	240	8	partnership	partnership	NOUN
ftr-322	240	9	is	be	AUX
ftr-322	240	10	treated	treat	VERB
ftr-322	240	11	as	as	ADP
ftr-322	240	12	an	an	DET
ftr-322	240	13	entity	entity	NOUN
ftr-322	240	14	.	.	PUNCT
ftr-322	241	1	the	the	DET
ftr-322	241	2	mandate	mandate	NOUN
ftr-322	241	3	of	of	ADP
ftr-322	241	4	aggregate	aggregate	ADJ
ftr-322	241	5	taxation	taxation	NOUN
ftr-322	241	6	is	be	AUX
ftr-322	241	7	substantially	substantially	ADV
ftr-322	241	8	complicated	complicate	VERB
ftr-322	241	9	by	by	ADP
ftr-322	241	10	the	the	DET
ftr-322	241	11	extraordinary	extraordinary	ADJ
ftr-322	241	12	flexibility	flexibility	NOUN
ftr-322	241	13	the	the	DET
ftr-322	241	14	code	code	NOUN
ftr-322	241	15	affords	afford	NOUN
ftr-322	241	16	to	to	ADP
ftr-322	241	17	partners	partner	NOUN
ftr-322	241	18	in	in	ADP
ftr-322	241	19	the	the	DET
ftr-322	241	20	arrangement	arrangement	NOUN
ftr-322	241	21	of	of	ADP
ftr-322	241	22	their	their	PRON
ftr-322	241	23	economic	economic	ADJ
ftr-322	241	24	deal	deal	NOUN
ftr-322	241	25	.	.	PUNCT
ftr-322	242	1	30	30	NUM
ftr-322	242	2	if	if	SCONJ
ftr-322	242	3	the	the	DET
ftr-322	242	4	code	code	NOUN
ftr-322	242	5	required	require	VERB
ftr-322	242	6	all	all	DET
ftr-322	242	7	items	item	NOUN
ftr-322	242	8	of	of	ADP
ftr-322	242	9	partnership	partnership	NOUN
ftr-322	242	10	income	income	NOUN
ftr-322	242	11	28	28	NUM
ftr-322	242	12	.	.	PUNCT
ftr-322	243	1	i.r.c	i.r.c	NOUN
ftr-322	243	2	.	.	PUNCT
ftr-322	244	1	§	§	PROPN
ftr-322	244	2	703	703	NUM
ftr-322	244	3	.	.	NOUN
ftr-322	244	4	29	29	NUM
ftr-322	244	5	.	.	PUNCT
ftr-322	245	1	examples	example	NOUN
ftr-322	245	2	of	of	ADP
ftr-322	245	3	entity	entity	NOUN
ftr-322	245	4	treatment	treatment	NOUN
ftr-322	245	5	include	include	VERB
ftr-322	245	6	sections	section	NOUN
ftr-322	245	7	703(b	703(b	NUM
ftr-322	245	8	)	)	PUNCT
ftr-322	245	9	(	(	PUNCT
ftr-322	245	10	most	most	ADJ
ftr-322	245	11	partnership	partnership	NOUN
ftr-322	245	12	elections	election	NOUN
ftr-322	245	13	)	)	PUNCT
ftr-322	245	14	,	,	PUNCT
ftr-322	245	15	706	706	NUM
ftr-322	245	16	(	(	PUNCT
ftr-322	245	17	determination	determination	NOUN
ftr-322	245	18	of	of	ADP
ftr-322	245	19	partnership	partnership	NOUN
ftr-322	245	20	tax	tax	NOUN
ftr-322	245	21	year	year	NOUN
ftr-322	245	22	)	)	PUNCT
ftr-322	245	23	,	,	PUNCT
ftr-322	245	24	and	and	CCONJ
ftr-322	245	25	754	754	NUM
ftr-322	245	26	(	(	PUNCT
ftr-322	245	27	election	election	NOUN
ftr-322	245	28	to	to	PART
ftr-322	245	29	adjust	adjust	VERB
ftr-322	245	30	―inside‖	―inside‖	NOUN
ftr-322	245	31	basis	basis	NOUN
ftr-322	245	32	of	of	ADP
ftr-322	245	33	partnership	partnership	NOUN
ftr-322	245	34	assets	asset	NOUN
ftr-322	245	35	on	on	ADP
ftr-322	245	36	disposition	disposition	NOUN
ftr-322	245	37	or	or	CCONJ
ftr-322	245	38	redemption	redemption	NOUN
ftr-322	245	39	of	of	ADP
ftr-322	245	40	partnership	partnership	NOUN
ftr-322	245	41	interest	interest	NOUN
ftr-322	245	42	)	)	PUNCT
ftr-322	245	43	.	.	PUNCT
ftr-322	246	1	30	30	X
ftr-322	246	2	.	.	PUNCT
ftr-322	247	1	see	see	VERB
ftr-322	247	2	mckee	mckee	PROPN
ftr-322	247	3	et	et	PROPN
ftr-322	247	4	al	al	PROPN
ftr-322	247	5	.	.	PROPN
ftr-322	247	6	,	,	PUNCT
ftr-322	247	7	partnerships	partnership	NOUN
ftr-322	247	8	and	and	CCONJ
ftr-322	247	9	partners	partner	NOUN
ftr-322	247	10	,	,	PUNCT
ftr-322	247	11	supra	supra	PROPN
ftr-322	247	12	note	note	PROPN
ftr-322	247	13	18	18	NUM
ftr-322	247	14	,	,	PUNCT
ftr-322	247	15	at	at	ADP
ftr-322	247	16	¶	¶	PROPN
ftr-322	247	17	1.03	1.03	NUM
ftr-322	247	18	(	(	PUNCT
ftr-322	247	19	―one	―one	PROPN
ftr-322	247	20	of	of	ADP
ftr-322	247	21	the	the	DET
ftr-322	247	22	principal	principal	ADJ
ftr-322	247	23	legislative	legislative	ADJ
ftr-322	247	24	objectives	objective	NOUN
ftr-322	247	25	of	of	ADP
ftr-322	247	26	subchapter	subchapter	NOUN
ftr-322	247	27	k	k	PROPN
ftr-322	247	28	was	be	AUX
ftr-322	247	29	to	to	PART
ftr-322	247	30	afford	afford	VERB
ftr-322	247	31	partners	partner	NOUN
ftr-322	247	32	‗flexibility	‗flexibility	NOUN
ftr-322	247	33	‘	'	PUNCT
ftr-322	247	34	in	in	ADP
ftr-322	247	35	allocating	allocate	VERB
ftr-322	247	36	the	the	DET
ftr-322	247	37	tax	tax	NOUN
ftr-322	247	38	burden	burden	NOUN
ftr-322	247	39	of	of	ADP
ftr-322	247	40	partnership	partnership	NOUN
ftr-322	247	41	transactions	transaction	NOUN
ftr-322	247	42	among	among	ADP
ftr-322	247	43	themselves.‖	themselves.‖	NOUN
ftr-322	247	44	)	)	PUNCT
ftr-322	247	45	.	.	PUNCT
ftr-322	248	1	2012	2012	NUM
ftr-322	248	2	]	]	PUNCT
ftr-322	248	3	special	special	ADJ
ftr-322	248	4	allocations	allocation	NOUN
ftr-322	248	5	revisited	revisit	VERB
ftr-322	248	6	359	359	NUM
ftr-322	248	7	to	to	PART
ftr-322	248	8	be	be	AUX
ftr-322	248	9	allocated	allocate	VERB
ftr-322	248	10	ratably	ratably	ADV
ftr-322	248	11	to	to	ADP
ftr-322	248	12	the	the	DET
ftr-322	248	13	partners	partner	NOUN
ftr-322	248	14	based	base	VERB
ftr-322	248	15	upon	upon	SCONJ
ftr-322	248	16	their	their	PRON
ftr-322	248	17	overall	overall	ADJ
ftr-322	248	18	interest	interest	NOUN
ftr-322	248	19	in	in	ADP
ftr-322	248	20	the	the	DET
ftr-322	248	21	partnership	partnership	NOUN
ftr-322	248	22	,	,	PUNCT
ftr-322	248	23	the	the	DET
ftr-322	248	24	computation	computation	NOUN
ftr-322	248	25	of	of	ADP
ftr-322	248	26	the	the	DET
ftr-322	248	27	various	various	ADJ
ftr-322	248	28	items	item	NOUN
ftr-322	248	29	of	of	ADP
ftr-322	248	30	partnership	partnership	NOUN
ftr-322	248	31	igld	igld	PROPN
ftr-322	248	32	would	would	AUX
ftr-322	248	33	be	be	AUX
ftr-322	248	34	relatively	relatively	ADV
ftr-322	248	35	straightforward	straightforward	ADJ
ftr-322	248	36	(	(	PUNCT
ftr-322	248	37	relatively	relatively	ADV
ftr-322	248	38	,	,	PUNCT
ftr-322	248	39	that	that	ADV
ftr-322	248	40	is	is	ADV
ftr-322	248	41	,	,	PUNCT
ftr-322	248	42	by	by	ADP
ftr-322	248	43	comparison	comparison	NOUN
ftr-322	248	44	with	with	ADP
ftr-322	248	45	the	the	DET
ftr-322	248	46	rules	rule	NOUN
ftr-322	248	47	that	that	PRON
ftr-322	248	48	actually	actually	ADV
ftr-322	248	49	apply	apply	VERB
ftr-322	248	50	)	)	PUNCT
ftr-322	248	51	.	.	PUNCT
ftr-322	249	1	twenty	twenty	NUM
ftr-322	249	2	-	-	PUNCT
ftr-322	249	3	percent	percent	NOUN
ftr-322	249	4	partners	partner	NOUN
ftr-322	249	5	would	would	AUX
ftr-322	249	6	receive	receive	VERB
ftr-322	249	7	20	20	NUM
ftr-322	249	8	percent	percent	NOUN
ftr-322	249	9	of	of	ADP
ftr-322	249	10	the	the	DET
ftr-322	249	11	depreciation	depreciation	NOUN
ftr-322	249	12	,	,	PUNCT
ftr-322	249	13	ordinary	ordinary	ADJ
ftr-322	249	14	income	income	NOUN
ftr-322	249	15	,	,	PUNCT
ftr-322	249	16	capital	capital	NOUN
ftr-322	249	17	gain	gain	NOUN
ftr-322	249	18	,	,	PUNCT
ftr-322	249	19	and	and	CCONJ
ftr-322	249	20	so	so	ADV
ftr-322	249	21	on	on	ADP
ftr-322	249	22	of	of	ADP
ftr-322	249	23	the	the	DET
ftr-322	249	24	partnership	partnership	NOUN
ftr-322	249	25	.	.	PUNCT
ftr-322	250	1	fifty	fifty	NUM
ftr-322	250	2	-	-	PUNCT
ftr-322	250	3	percent	percent	NOUN
ftr-322	250	4	partners	partner	NOUN
ftr-322	250	5	would	would	AUX
ftr-322	250	6	receive	receive	VERB
ftr-322	250	7	50	50	NUM
ftr-322	250	8	percent	percent	NOUN
ftr-322	250	9	of	of	ADP
ftr-322	250	10	these	these	DET
ftr-322	250	11	items	item	NOUN
ftr-322	250	12	.	.	PUNCT
ftr-322	251	1	in	in	ADP
ftr-322	251	2	general	general	ADJ
ftr-322	251	3	,	,	PUNCT
ftr-322	251	4	the	the	DET
ftr-322	251	5	allocation	allocation	NOUN
ftr-322	251	6	of	of	ADP
ftr-322	251	7	partnership	partnership	NOUN
ftr-322	251	8	items	item	NOUN
ftr-322	251	9	would	would	AUX
ftr-322	251	10	be	be	AUX
ftr-322	251	11	an	an	DET
ftr-322	251	12	exercise	exercise	NOUN
ftr-322	251	13	in	in	ADP
ftr-322	251	14	determining	determine	VERB
ftr-322	251	15	the	the	DET
ftr-322	251	16	overall	overall	ADJ
ftr-322	251	17	percentage	percentage	NOUN
ftr-322	251	18	interest	interest	NOUN
ftr-322	251	19	each	each	DET
ftr-322	251	20	partner	partner	NOUN
ftr-322	251	21	has	have	VERB
ftr-322	251	22	in	in	ADP
ftr-322	251	23	the	the	DET
ftr-322	251	24	partnership	partnership	NOUN
ftr-322	251	25	and	and	CCONJ
ftr-322	251	26	the	the	DET
ftr-322	251	27	assignment	assignment	NOUN
ftr-322	251	28	of	of	ADP
ftr-322	251	29	that	that	DET
ftr-322	251	30	portion	portion	NOUN
ftr-322	251	31	of	of	ADP
ftr-322	251	32	each	each	DET
ftr-322	251	33	partnership	partnership	NOUN
ftr-322	251	34	item	item	NOUN
ftr-322	251	35	to	to	ADP
ftr-322	251	36	the	the	DET
ftr-322	251	37	partner	partner	NOUN
ftr-322	251	38	.	.	PUNCT
ftr-322	252	1	the	the	DET
ftr-322	252	2	code	code	NOUN
ftr-322	252	3	,	,	PUNCT
ftr-322	252	4	however	however	ADV
ftr-322	252	5	,	,	PUNCT
ftr-322	252	6	permits	permit	VERB
ftr-322	252	7	the	the	DET
ftr-322	252	8	partners	partner	NOUN
ftr-322	252	9	to	to	PART
ftr-322	252	10	allocate	allocate	VERB
ftr-322	252	11	items	item	NOUN
ftr-322	252	12	of	of	ADP
ftr-322	252	13	igld	igld	ADJ
ftr-322	252	14	more	more	ADJ
ftr-322	252	15	or	or	CCONJ
ftr-322	252	16	less	less	ADV
ftr-322	252	17	however	however	ADV
ftr-322	252	18	they	they	PRON
ftr-322	252	19	wish	wish	VERB
ftr-322	252	20	,	,	PUNCT
ftr-322	252	21	as	as	ADV
ftr-322	252	22	long	long	ADV
ftr-322	252	23	as	as	SCONJ
ftr-322	252	24	the	the	DET
ftr-322	252	25	allocation	allocation	NOUN
ftr-322	252	26	either	either	CCONJ
ftr-322	252	27	has	have	AUX
ftr-322	252	28	see	see	VERB
ftr-322	252	29	,	,	PUNCT
ftr-322	252	30	or	or	CCONJ
ftr-322	252	31	if	if	SCONJ
ftr-322	252	32	it	it	PRON
ftr-322	252	33	lacks	lack	VERB
ftr-322	252	34	see	see	VERB
ftr-322	252	35	,	,	PUNCT
ftr-322	252	36	is	be	AUX
ftr-322	252	37	in	in	ADP
ftr-322	252	38	accordance	accordance	NOUN
ftr-322	252	39	with	with	ADP
ftr-322	252	40	pip	pip	NOUN
ftr-322	252	41	(	(	PUNCT
ftr-322	252	42	or	or	CCONJ
ftr-322	252	43	is	be	AUX
ftr-322	252	44	so	so	ADV
ftr-322	252	45	deemed	deem	VERB
ftr-322	252	46	in	in	ADP
ftr-322	252	47	the	the	DET
ftr-322	252	48	case	case	NOUN
ftr-322	252	49	of	of	ADP
ftr-322	252	50	items	item	NOUN
ftr-322	252	51	that	that	PRON
ftr-322	252	52	by	by	ADP
ftr-322	252	53	their	their	PRON
ftr-322	252	54	nature	nature	NOUN
ftr-322	252	55	can	can	AUX
ftr-322	252	56	not	not	PART
ftr-322	252	57	have	have	AUX
ftr-322	252	58	see	see	VERB
ftr-322	252	59	)	)	PUNCT
ftr-322	252	60	.	.	PUNCT
ftr-322	253	1	31	31	NUM
ftr-322	254	1	the	the	DET
ftr-322	254	2	animating	animate	VERB
ftr-322	254	3	idea	idea	NOUN
ftr-322	254	4	appears	appear	VERB
ftr-322	254	5	to	to	PART
ftr-322	254	6	be	be	AUX
ftr-322	254	7	that	that	SCONJ
ftr-322	254	8	the	the	DET
ftr-322	254	9	types	type	NOUN
ftr-322	254	10	of	of	ADP
ftr-322	254	11	business	business	NOUN
ftr-322	254	12	arrangements	arrangement	NOUN
ftr-322	254	13	partners	partner	NOUN
ftr-322	254	14	may	may	AUX
ftr-322	254	15	find	find	VERB
ftr-322	254	16	economically	economically	ADV
ftr-322	254	17	desirable	desirable	ADJ
ftr-322	254	18	are	be	AUX
ftr-322	254	19	indefinitely	indefinitely	ADV
ftr-322	254	20	varied	varied	ADJ
ftr-322	254	21	,	,	PUNCT
ftr-322	254	22	and	and	CCONJ
ftr-322	254	23	tax	tax	NOUN
ftr-322	254	24	rules	rule	NOUN
ftr-322	254	25	that	that	PRON
ftr-322	254	26	required	require	VERB
ftr-322	254	27	one	one	NUM
ftr-322	254	28	or	or	CCONJ
ftr-322	254	29	another	another	DET
ftr-322	254	30	set	set	NOUN
ftr-322	254	31	of	of	ADP
ftr-322	254	32	tax	tax	NOUN
ftr-322	254	33	allocations	allocation	NOUN
ftr-322	254	34	would	would	AUX
ftr-322	254	35	inefficiently	inefficiently	ADV
ftr-322	254	36	impair	impair	VERB
ftr-322	254	37	the	the	DET
ftr-322	254	38	flexibility	flexibility	NOUN
ftr-322	254	39	necessary	necessary	ADJ
ftr-322	254	40	to	to	PART
ftr-322	254	41	allow	allow	VERB
ftr-322	254	42	partners	partner	NOUN
ftr-322	254	43	to	to	PART
ftr-322	254	44	craft	craft	VERB
ftr-322	254	45	their	their	PRON
ftr-322	254	46	non	non	ADJ
ftr-322	254	47	-	-	ADJ
ftr-322	254	48	tax	tax	ADJ
ftr-322	254	49	-	-	PUNCT
ftr-322	254	50	motivated	motivate	VERB
ftr-322	254	51	economic	economic	ADJ
ftr-322	254	52	arrangements	arrangement	NOUN
ftr-322	254	53	.	.	PUNCT
ftr-322	255	1	consequently	consequently	ADV
ftr-322	255	2	,	,	PUNCT
ftr-322	255	3	the	the	DET
ftr-322	255	4	code	code	NOUN
ftr-322	255	5	and	and	CCONJ
ftr-322	255	6	its	its	PRON
ftr-322	255	7	accompanying	accompanying	ADJ
ftr-322	255	8	body	body	NOUN
ftr-322	255	9	of	of	ADP
ftr-322	255	10	regulatory	regulatory	ADJ
ftr-322	255	11	provisions	provision	NOUN
ftr-322	255	12	generally	generally	ADV
ftr-322	255	13	permit	permit	VERB
ftr-322	255	14	non	non	ADJ
ftr-322	255	15	-	-	ADJ
ftr-322	255	16	ratable	ratable	ADJ
ftr-322	255	17	allocations	allocation	NOUN
ftr-322	255	18	of	of	ADP
ftr-322	255	19	specific	specific	ADJ
ftr-322	255	20	partnership	partnership	NOUN
ftr-322	255	21	items	item	NOUN
ftr-322	255	22	,	,	PUNCT
ftr-322	255	23	subject	subject	ADJ
ftr-322	255	24	,	,	PUNCT
ftr-322	255	25	however	however	ADV
ftr-322	255	26	,	,	PUNCT
ftr-322	255	27	to	to	ADP
ftr-322	255	28	the	the	DET
ftr-322	255	29	principle	principle	NOUN
ftr-322	255	30	that	that	SCONJ
ftr-322	255	31	inappropriately	inappropriately	ADV
ftr-322	255	32	tax	tax	NOUN
ftr-322	255	33	-	-	PUNCT
ftr-322	255	34	motivated	motivate	VERB
ftr-322	255	35	allocations	allocation	NOUN
ftr-322	255	36	will	will	AUX
ftr-322	255	37	not	not	PART
ftr-322	255	38	be	be	AUX
ftr-322	255	39	respected	respect	VERB
ftr-322	255	40	.	.	PUNCT
ftr-322	256	1	32	32	NUM
ftr-322	257	1	the	the	DET
ftr-322	257	2	regime	regime	NOUN
ftr-322	257	3	,	,	PUNCT
ftr-322	257	4	in	in	ADP
ftr-322	257	5	short	short	ADJ
ftr-322	257	6	,	,	PUNCT
ftr-322	257	7	is	be	AUX
ftr-322	257	8	limiting	limit	VERB
ftr-322	257	9	,	,	PUNCT
ftr-322	257	10	not	not	PART
ftr-322	257	11	prescriptive	prescriptive	ADJ
ftr-322	257	12	.	.	PUNCT
ftr-322	258	1	when	when	SCONJ
ftr-322	258	2	it	it	PRON
ftr-322	258	3	comes	come	VERB
ftr-322	258	4	to	to	ADP
ftr-322	258	5	the	the	DET
ftr-322	258	6	tax	tax	NOUN
ftr-322	258	7	effect	effect	NOUN
ftr-322	258	8	of	of	ADP
ftr-322	258	9	allocations	allocation	NOUN
ftr-322	258	10	,	,	PUNCT
ftr-322	258	11	no	no	DET
ftr-322	258	12	insistence	insistence	NOUN
ftr-322	258	13	on	on	ADP
ftr-322	258	14	any	any	DET
ftr-322	258	15	particular	particular	ADJ
ftr-322	258	16	arrangement	arrangement	NOUN
ftr-322	258	17	is	be	AUX
ftr-322	258	18	made	make	VERB
ftr-322	258	19	.	.	PUNCT
ftr-322	259	1	instead	instead	ADV
ftr-322	259	2	,	,	PUNCT
ftr-322	259	3	arrangements	arrangement	NOUN
ftr-322	259	4	will	will	AUX
ftr-322	259	5	be	be	AUX
ftr-322	259	6	respected	respect	VERB
ftr-322	259	7	that	that	PRON
ftr-322	259	8	do	do	AUX
ftr-322	259	9	not	not	PART
ftr-322	259	10	run	run	VERB
ftr-322	259	11	afoul	afoul	ADV
ftr-322	259	12	of	of	ADP
ftr-322	259	13	rules	rule	NOUN
ftr-322	259	14	designed	design	VERB
ftr-322	259	15	to	to	PART
ftr-322	259	16	ensure	ensure	VERB
ftr-322	259	17	that	that	SCONJ
ftr-322	259	18	substantiality	substantiality	NOUN
ftr-322	259	19	is	be	AUX
ftr-322	259	20	satisfied	satisfied	ADJ
ftr-322	259	21	.	.	PUNCT
ftr-322	260	1	it	it	PRON
ftr-322	260	2	is	be	AUX
ftr-322	260	3	worth	worth	ADJ
ftr-322	260	4	contrasting	contrast	VERB
ftr-322	260	5	subchapter	subchapter	NOUN
ftr-322	260	6	k‘s	k‘s	PROPN
ftr-322	260	7	treatment	treatment	NOUN
ftr-322	260	8	of	of	ADP
ftr-322	260	9	special	special	ADJ
ftr-322	260	10	allocations	allocation	NOUN
ftr-322	260	11	with	with	ADP
ftr-322	260	12	other	other	ADJ
ftr-322	260	13	provisions	provision	NOUN
ftr-322	260	14	in	in	ADP
ftr-322	260	15	subchapter	subchapter	NOUN
ftr-322	260	16	k	k	PROPN
ftr-322	260	17	that	that	PRON
ftr-322	260	18	are	be	AUX
ftr-322	260	19	designed	design	VERB
ftr-322	260	20	to	to	PART
ftr-322	260	21	address	address	VERB
ftr-322	260	22	inappropriate	inappropriate	ADJ
ftr-322	260	23	shifting	shifting	NOUN
ftr-322	260	24	of	of	ADP
ftr-322	260	25	partnership	partnership	NOUN
ftr-322	260	26	items	item	NOUN
ftr-322	260	27	among	among	ADP
ftr-322	260	28	the	the	DET
ftr-322	260	29	partners	partner	NOUN
ftr-322	260	30	.	.	PUNCT
ftr-322	261	1	these	these	PRON
ftr-322	261	2	include	include	VERB
ftr-322	261	3	principally	principally	ADV
ftr-322	261	4	section	section	NOUN
ftr-322	261	5	751	751	NUM
ftr-322	261	6	,	,	PUNCT
ftr-322	261	7	which	which	PRON
ftr-322	261	8	generally	generally	ADV
ftr-322	261	9	requires	require	VERB
ftr-322	261	10	partners	partner	NOUN
ftr-322	261	11	to	to	PART
ftr-322	261	12	account	account	VERB
ftr-322	261	13	for	for	ADP
ftr-322	261	14	items	item	NOUN
ftr-322	261	15	of	of	ADP
ftr-322	261	16	ordinary	ordinary	ADJ
ftr-322	261	17	income	income	NOUN
ftr-322	261	18	and	and	CCONJ
ftr-322	261	19	loss	loss	NOUN
ftr-322	261	20	and	and	CCONJ
ftr-322	261	21	capital	capital	NOUN
ftr-322	261	22	gain	gain	NOUN
ftr-322	261	23	and	and	CCONJ
ftr-322	261	24	loss	loss	NOUN
ftr-322	261	25	properly	properly	ADV
ftr-322	261	26	allocable	allocable	ADJ
ftr-322	261	27	to	to	ADP
ftr-322	261	28	them	they	PRON
ftr-322	261	29	on	on	ADP
ftr-322	261	30	disposition	disposition	NOUN
ftr-322	261	31	of	of	ADP
ftr-322	261	32	a	a	DET
ftr-322	261	33	partnership	partnership	NOUN
ftr-322	261	34	interest	interest	NOUN
ftr-322	261	35	(	(	PUNCT
ftr-322	261	36	whether	whether	SCONJ
ftr-322	261	37	by	by	ADP
ftr-322	261	38	sale	sale	NOUN
ftr-322	261	39	or	or	CCONJ
ftr-322	261	40	redemption	redemption	NOUN
ftr-322	261	41	)	)	PUNCT
ftr-322	261	42	;	;	PUNCT
ftr-322	261	43	section	section	NOUN
ftr-322	261	44	724	724	NUM
ftr-322	261	45	,	,	PUNCT
ftr-322	261	46	which	which	PRON
ftr-322	261	47	provides	provide	VERB
ftr-322	261	48	for	for	ADP
ftr-322	261	49	a	a	DET
ftr-322	261	50	carryover	carryover	NOUN
ftr-322	261	51	of	of	ADP
ftr-322	261	52	character	character	NOUN
ftr-322	261	53	on	on	ADP
ftr-322	261	54	property	property	NOUN
ftr-322	261	55	contributed	contribute	VERB
ftr-322	261	56	to	to	ADP
ftr-322	261	57	the	the	DET
ftr-322	261	58	partnership	partnership	NOUN
ftr-322	261	59	;	;	PUNCT
ftr-322	261	60	and	and	CCONJ
ftr-322	261	61	sections	section	NOUN
ftr-322	261	62	731	731	NUM
ftr-322	261	63	,	,	PUNCT
ftr-322	261	64	732	732	NUM
ftr-322	261	65	,	,	PUNCT
ftr-322	261	66	733	733	NUM
ftr-322	261	67	and	and	CCONJ
ftr-322	261	68	735	735	NUM
ftr-322	261	69	,	,	PUNCT
ftr-322	261	70	which	which	PRON
ftr-322	261	71	generally	generally	ADV
ftr-322	261	72	operate	operate	VERB
ftr-322	261	73	to	to	PART
ftr-322	261	74	ensure	ensure	VERB
ftr-322	261	75	that	that	SCONJ
ftr-322	261	76	unrealized	unrealized	ADJ
ftr-322	261	77	items	item	NOUN
ftr-322	261	78	of	of	ADP
ftr-322	261	79	partnership	partnership	NOUN
ftr-322	261	80	ordinary	ordinary	ADJ
ftr-322	261	81	and	and	CCONJ
ftr-322	261	82	capital	capital	NOUN
ftr-322	261	83	income	income	NOUN
ftr-322	261	84	and	and	CCONJ
ftr-322	261	85	loss	loss	NOUN
ftr-322	261	86	carry	carry	VERB
ftr-322	261	87	over	over	ADP
ftr-322	261	88	to	to	ADP
ftr-322	261	89	a	a	DET
ftr-322	261	90	partner	partner	NOUN
ftr-322	261	91	who	who	PRON
ftr-322	261	92	receives	receive	VERB
ftr-322	261	93	a	a	DET
ftr-322	261	94	distribution	distribution	NOUN
ftr-322	261	95	of	of	ADP
ftr-322	261	96	partnership	partnership	NOUN
ftr-322	261	97	property	property	NOUN
ftr-322	261	98	.	.	PUNCT
ftr-322	262	1	unlike	unlike	ADP
ftr-322	262	2	these	these	DET
ftr-322	262	3	provisions	provision	NOUN
ftr-322	262	4	,	,	PUNCT
ftr-322	262	5	which	which	PRON
ftr-322	262	6	set	set	VERB
ftr-322	262	7	out	out	ADP
ftr-322	262	8	detailed	detailed	ADJ
ftr-322	262	9	rules	rule	NOUN
ftr-322	262	10	that	that	PRON
ftr-322	262	11	govern	govern	VERB
ftr-322	262	12	the	the	DET
ftr-322	262	13	allocation	allocation	NOUN
ftr-322	262	14	of	of	ADP
ftr-322	262	15	ordinary	ordinary	ADJ
ftr-322	262	16	and	and	CCONJ
ftr-322	262	17	capital	capital	NOUN
ftr-322	262	18	items	item	NOUN
ftr-322	262	19	of	of	ADP
ftr-322	262	20	the	the	DET
ftr-322	262	21	partnership	partnership	NOUN
ftr-322	262	22	,	,	PUNCT
ftr-322	262	23	section	section	NOUN
ftr-322	262	24	704(b	704(b	PROPN
ftr-322	262	25	)	)	PUNCT
ftr-322	262	26	permits	permit	VERB
ftr-322	262	27	the	the	DET
ftr-322	262	28	partners	partner	NOUN
ftr-322	262	29	wide	wide	ADJ
ftr-322	262	30	latitude	latitude	NOUN
ftr-322	262	31	,	,	PUNCT
ftr-322	262	32	subject	subject	ADJ
ftr-322	262	33	to	to	ADP
ftr-322	262	34	the	the	DET
ftr-322	262	35	31	31	NUM
ftr-322	262	36	.	.	PUNCT
ftr-322	262	37	i.r.c	i.r.c	NOUN
ftr-322	262	38	.	.	PUNCT
ftr-322	263	1	§	§	PROPN
ftr-322	263	2	704(b	704(b	PROPN
ftr-322	263	3	)	)	PUNCT
ftr-322	263	4	.	.	PUNCT
ftr-322	264	1	such	such	ADJ
ftr-322	264	2	items	item	NOUN
ftr-322	264	3	include	include	VERB
ftr-322	264	4	allocations	allocation	NOUN
ftr-322	264	5	of	of	ADP
ftr-322	264	6	non	non	ADJ
ftr-322	264	7	-	-	ADJ
ftr-322	264	8	recourse	recourse	ADJ
ftr-322	264	9	deductions	deduction	NOUN
ftr-322	264	10	and	and	CCONJ
ftr-322	264	11	so	so	ADV
ftr-322	264	12	-	-	PUNCT
ftr-322	264	13	called	call	VERB
ftr-322	264	14	―section	―section	NOUN
ftr-322	264	15	704(c	704(c	NOUN
ftr-322	264	16	)	)	PUNCT
ftr-322	264	17	gain	gain	NOUN
ftr-322	264	18	or	or	CCONJ
ftr-322	264	19	loss,‖	loss,‖	PROPN
ftr-322	264	20	which	which	PRON
ftr-322	264	21	by	by	ADP
ftr-322	264	22	their	their	PRON
ftr-322	264	23	nature	nature	NOUN
ftr-322	264	24	can	can	AUX
ftr-322	264	25	not	not	PART
ftr-322	264	26	correspond	correspond	VERB
ftr-322	264	27	to	to	ADP
ftr-322	264	28	an	an	DET
ftr-322	264	29	economic	economic	ADJ
ftr-322	264	30	burden	burden	NOUN
ftr-322	264	31	borne	bear	VERB
ftr-322	264	32	by	by	ADP
ftr-322	264	33	the	the	DET
ftr-322	264	34	partner	partner	NOUN
ftr-322	264	35	to	to	PART
ftr-322	264	36	whom	whom	PRON
ftr-322	264	37	they	they	PRON
ftr-322	264	38	are	be	AUX
ftr-322	264	39	assigned	assign	VERB
ftr-322	264	40	.	.	PUNCT
ftr-322	265	1	32	32	NUM
ftr-322	265	2	.	.	PUNCT
ftr-322	266	1	reg	reg	NOUN
ftr-322	266	2	.	.	PUNCT
ftr-322	267	1	§	§	PROPN
ftr-322	267	2	1.704	1.704	NUM
ftr-322	267	3	-	-	NUM
ftr-322	267	4	1(b)(2)(iii	1(b)(2)(iii	NUM
ftr-322	267	5	)	)	PUNCT
ftr-322	267	6	.	.	PUNCT
ftr-322	268	1	360	360	NUM
ftr-322	268	2	florida	florida	PROPN
ftr-322	268	3	tax	tax	NOUN
ftr-322	268	4	review	review	NOUN
ftr-322	268	5	[	[	X
ftr-322	268	6	vol	vol	NOUN
ftr-322	268	7	.	.	PUNCT
ftr-322	269	1	13:7	13:7	NUM
ftr-322	269	2	principle	principle	NOUN
ftr-322	269	3	that	that	SCONJ
ftr-322	269	4	allocations	allocation	NOUN
ftr-322	269	5	deemed	deem	VERB
ftr-322	269	6	to	to	PART
ftr-322	269	7	reflect	reflect	VERB
ftr-322	269	8	excessive	excessive	ADJ
ftr-322	269	9	tax	tax	NOUN
ftr-322	269	10	motivation	motivation	NOUN
ftr-322	269	11	will	will	AUX
ftr-322	269	12	not	not	PART
ftr-322	269	13	be	be	AUX
ftr-322	269	14	respected	respect	VERB
ftr-322	269	15	.	.	PUNCT
ftr-322	270	1	iii	iii	X
ftr-322	270	2	.	.	PUNCT
ftr-322	270	3	substantial	substantial	ADJ
ftr-322	270	4	economic	economic	ADJ
ftr-322	270	5	effect	effect	NOUN
ftr-322	270	6	the	the	DET
ftr-322	270	7	regime	regime	NOUN
ftr-322	270	8	for	for	ADP
ftr-322	270	9	policing	police	VERB
ftr-322	270	10	the	the	DET
ftr-322	270	11	allocation	allocation	NOUN
ftr-322	270	12	of	of	ADP
ftr-322	270	13	partnership	partnership	NOUN
ftr-322	270	14	items	item	NOUN
ftr-322	270	15	among	among	ADP
ftr-322	270	16	the	the	DET
ftr-322	270	17	partners	partner	NOUN
ftr-322	270	18	is	be	AUX
ftr-322	270	19	set	set	VERB
ftr-322	270	20	out	out	ADP
ftr-322	270	21	in	in	ADP
ftr-322	270	22	section	section	NOUN
ftr-322	270	23	704(b	704(b	PROPN
ftr-322	270	24	)	)	PUNCT
ftr-322	270	25	.	.	PUNCT
ftr-322	271	1	it	it	PRON
ftr-322	271	2	provides	provide	VERB
ftr-322	271	3	that	that	SCONJ
ftr-322	271	4	a	a	DET
ftr-322	271	5	partner‘s	partner‘s	ADJ
ftr-322	271	6	distributive	distributive	ADJ
ftr-322	271	7	share	share	NOUN
ftr-322	271	8	of	of	ADP
ftr-322	271	9	items	item	NOUN
ftr-322	271	10	of	of	ADP
ftr-322	271	11	partnership	partnership	NOUN
ftr-322	271	12	igld	igld	PROPN
ftr-322	271	13	generally	generally	ADV
ftr-322	271	14	is	be	AUX
ftr-322	271	15	determined	determine	VERB
ftr-322	271	16	by	by	ADP
ftr-322	271	17	the	the	DET
ftr-322	271	18	partner‘s	partner‘s	PROPN
ftr-322	271	19	interest	interest	NOUN
ftr-322	271	20	in	in	ADP
ftr-322	271	21	the	the	DET
ftr-322	271	22	partnership	partnership	NOUN
ftr-322	271	23	unless	unless	SCONJ
ftr-322	271	24	the	the	DET
ftr-322	271	25	partnership	partnership	NOUN
ftr-322	271	26	agreement	agreement	NOUN
ftr-322	271	27	provides	provide	VERB
ftr-322	271	28	for	for	ADP
ftr-322	271	29	a	a	DET
ftr-322	271	30	different	different	ADJ
ftr-322	271	31	allocation	allocation	NOUN
ftr-322	271	32	of	of	ADP
ftr-322	271	33	distributive	distributive	ADJ
ftr-322	271	34	shares	share	NOUN
ftr-322	271	35	and	and	CCONJ
ftr-322	271	36	that	that	SCONJ
ftr-322	271	37	allocation	allocation	NOUN
ftr-322	271	38	has	have	AUX
ftr-322	271	39	see	see	VERB
ftr-322	271	40	.	.	PUNCT
ftr-322	272	1	at	at	ADP
ftr-322	272	2	least	least	ADJ
ftr-322	272	3	until	until	ADP
ftr-322	272	4	recently	recently	ADV
ftr-322	272	5	,	,	PUNCT
ftr-322	272	6	as	as	ADP
ftr-322	272	7	a	a	DET
ftr-322	272	8	practical	practical	ADJ
ftr-322	272	9	matter	matter	NOUN
ftr-322	272	10	the	the	DET
ftr-322	272	11	test	test	NOUN
ftr-322	272	12	meant	mean	VERB
ftr-322	272	13	that	that	SCONJ
ftr-322	272	14	sophisticated	sophisticated	ADJ
ftr-322	272	15	partnerships	partnership	NOUN
ftr-322	272	16	generally	generally	ADV
ftr-322	272	17	sought	seek	VERB
ftr-322	272	18	to	to	PART
ftr-322	272	19	satisfy	satisfy	VERB
ftr-322	272	20	the	the	DET
ftr-322	272	21	see	see	NOUN
ftr-322	272	22	rules	rule	NOUN
ftr-322	272	23	,	,	PUNCT
ftr-322	272	24	since	since	SCONJ
ftr-322	272	25	these	these	PRON
ftr-322	272	26	provide	provide	VERB
ftr-322	272	27	a	a	DET
ftr-322	272	28	fair	fair	ADJ
ftr-322	272	29	amount	amount	NOUN
ftr-322	272	30	of	of	ADP
ftr-322	272	31	both	both	DET
ftr-322	272	32	flexibility	flexibility	NOUN
ftr-322	272	33	and	and	CCONJ
ftr-322	272	34	certainty	certainty	NOUN
ftr-322	272	35	that	that	SCONJ
ftr-322	272	36	a	a	DET
ftr-322	272	37	particular	particular	ADJ
ftr-322	272	38	allocation	allocation	NOUN
ftr-322	272	39	will	will	AUX
ftr-322	272	40	be	be	AUX
ftr-322	272	41	respected	respect	VERB
ftr-322	272	42	for	for	ADP
ftr-322	272	43	tax	tax	NOUN
ftr-322	272	44	purposes	purpose	NOUN
ftr-322	272	45	.	.	PUNCT
ftr-322	273	1	33	33	NUM
ftr-322	273	2	by	by	ADP
ftr-322	273	3	contrast	contrast	NOUN
ftr-322	273	4	,	,	PUNCT
ftr-322	273	5	the	the	DET
ftr-322	273	6	concept	concept	NOUN
ftr-322	273	7	of	of	ADP
ftr-322	273	8	the	the	DET
ftr-322	273	9	partners	partner	NOUN
ftr-322	273	10	‘	‘	PART
ftr-322	273	11	interest	interest	NOUN
ftr-322	273	12	in	in	ADP
ftr-322	273	13	the	the	DET
ftr-322	273	14	partnership	partnership	NOUN
ftr-322	273	15	is	be	AUX
ftr-322	273	16	inherently	inherently	ADV
ftr-322	273	17	more	more	ADV
ftr-322	273	18	nebulous	nebulous	ADJ
ftr-322	273	19	,	,	PUNCT
ftr-322	273	20	though	though	SCONJ
ftr-322	273	21	the	the	DET
ftr-322	273	22	regulations	regulation	NOUN
ftr-322	273	23	provide	provide	VERB
ftr-322	273	24	some	some	DET
ftr-322	273	25	guidance	guidance	NOUN
ftr-322	273	26	.	.	PUNCT
ftr-322	274	1	34	34	NUM
ftr-322	275	1	in	in	ADP
ftr-322	275	2	order	order	NOUN
ftr-322	275	3	for	for	ADP
ftr-322	275	4	an	an	DET
ftr-322	275	5	allocation	allocation	NOUN
ftr-322	275	6	to	to	PART
ftr-322	275	7	have	have	AUX
ftr-322	275	8	see	see	VERB
ftr-322	275	9	,	,	PUNCT
ftr-322	275	10	it	it	PRON
ftr-322	275	11	must	must	AUX
ftr-322	275	12	both	both	PRON
ftr-322	275	13	have	have	VERB
ftr-322	275	14	―economic	―economic	PROPN
ftr-322	275	15	effect‖	effect‖	PROPN
ftr-322	275	16	and	and	CCONJ
ftr-322	275	17	be	be	AUX
ftr-322	275	18	―substantial.‖	―substantial.‖	NOUN
ftr-322	275	19	35	35	NUM
ftr-322	275	20	the	the	DET
ftr-322	275	21	rules	rule	NOUN
ftr-322	275	22	on	on	ADP
ftr-322	275	23	economic	economic	ADJ
ftr-322	275	24	effect	effect	NOUN
ftr-322	275	25	are	be	AUX
ftr-322	275	26	detailed	detailed	ADJ
ftr-322	275	27	but	but	CCONJ
ftr-322	275	28	largely	largely	ADV
ftr-322	275	29	mechanical	mechanical	ADJ
ftr-322	275	30	.	.	PUNCT
ftr-322	276	1	they	they	PRON
ftr-322	276	2	are	be	AUX
ftr-322	276	3	designed	design	VERB
ftr-322	276	4	to	to	PART
ftr-322	276	5	ensure	ensure	VERB
ftr-322	276	6	that	that	SCONJ
ftr-322	276	7	allocations	allocation	NOUN
ftr-322	276	8	of	of	ADP
ftr-322	276	9	partnership	partnership	NOUN
ftr-322	276	10	tax	tax	NOUN
ftr-322	276	11	items	item	NOUN
ftr-322	276	12	correspond	correspond	VERB
ftr-322	276	13	to	to	ADP
ftr-322	276	14	the	the	DET
ftr-322	276	15	partners	partner	NOUN
ftr-322	276	16	‘	'	PUNCT
ftr-322	276	17	actual	actual	ADJ
ftr-322	276	18	business	business	NOUN
ftr-322	276	19	deal	deal	NOUN
ftr-322	276	20	.	.	PUNCT
ftr-322	277	1	the	the	DET
ftr-322	277	2	rules	rule	NOUN
ftr-322	277	3	on	on	ADP
ftr-322	277	4	substantiality	substantiality	NOUN
ftr-322	277	5	,	,	PUNCT
ftr-322	277	6	by	by	ADP
ftr-322	277	7	contrast	contrast	NOUN
ftr-322	277	8	,	,	PUNCT
ftr-322	277	9	focus	focus	VERB
ftr-322	277	10	on	on	ADP
ftr-322	277	11	the	the	DET
ftr-322	277	12	extent	extent	NOUN
ftr-322	277	13	to	to	PART
ftr-322	277	14	which	which	PRON
ftr-322	277	15	the	the	DET
ftr-322	277	16	economic	economic	ADJ
ftr-322	277	17	benefit	benefit	NOUN
ftr-322	277	18	of	of	ADP
ftr-322	277	19	allocations	allocation	NOUN
ftr-322	277	20	is	be	AUX
ftr-322	277	21	traceable	traceable	ADJ
ftr-322	277	22	to	to	ADP
ftr-322	277	23	tax	tax	NOUN
ftr-322	277	24	reduction	reduction	NOUN
ftr-322	277	25	rather	rather	ADV
ftr-322	277	26	than	than	ADP
ftr-322	277	27	to	to	ADP
ftr-322	277	28	pre	pre	ADJ
ftr-322	277	29	-	-	ADJ
ftr-322	277	30	tax	tax	ADJ
ftr-322	277	31	economics	economic	NOUN
ftr-322	277	32	;	;	PUNCT
ftr-322	277	33	they	they	PRON
ftr-322	277	34	are	be	AUX
ftr-322	277	35	less	less	ADV
ftr-322	277	36	certain	certain	ADJ
ftr-322	277	37	because	because	SCONJ
ftr-322	277	38	they	they	PRON
ftr-322	277	39	rely	rely	VERB
ftr-322	277	40	on	on	ADP
ftr-322	277	41	such	such	ADJ
ftr-322	277	42	indefinite	indefinite	ADJ
ftr-322	277	43	ideas	idea	NOUN
ftr-322	277	44	as	as	ADP
ftr-322	277	45	substantiality	substantiality	NOUN
ftr-322	277	46	and	and	CCONJ
ftr-322	277	47	the	the	DET
ftr-322	277	48	existence	existence	NOUN
ftr-322	277	49	of	of	ADP
ftr-322	277	50	a	a	DET
ftr-322	277	51	―strong	―strong	X
ftr-322	277	52	likelihood‖	likelihood‖	PROPN
ftr-322	277	53	that	that	SCONJ
ftr-322	277	54	an	an	DET
ftr-322	277	55	allocation	allocation	NOUN
ftr-322	277	56	will	will	AUX
ftr-322	277	57	have	have	VERB
ftr-322	277	58	primarily	primarily	ADV
ftr-322	277	59	tax	tax	NOUN
ftr-322	277	60	effect	effect	NOUN
ftr-322	277	61	.	.	PUNCT
ftr-322	278	1	36	36	NUM
ftr-322	278	2	a.	a.	NOUN
ftr-322	278	3	economic	economic	ADJ
ftr-322	278	4	effect	effect	NOUN
ftr-322	278	5	the	the	DET
ftr-322	278	6	test	test	NOUN
ftr-322	278	7	for	for	ADP
ftr-322	278	8	economic	economic	ADJ
ftr-322	278	9	effect	effect	NOUN
ftr-322	278	10	actually	actually	ADV
ftr-322	278	11	comprises	comprise	VERB
ftr-322	278	12	three	three	NUM
ftr-322	278	13	alternative	alternative	ADJ
ftr-322	278	14	tests	test	NOUN
ftr-322	278	15	:	:	PUNCT
ftr-322	278	16	the	the	DET
ftr-322	278	17	basic	basic	ADJ
ftr-322	278	18	test	test	NOUN
ftr-322	278	19	,	,	PUNCT
ftr-322	278	20	the	the	DET
ftr-322	278	21	―alternate	―alternate	X
ftr-322	278	22	test,‖	test,‖	PROPN
ftr-322	278	23	and	and	CCONJ
ftr-322	278	24	the	the	DET
ftr-322	278	25	test	test	NOUN
ftr-322	278	26	for	for	ADP
ftr-322	278	27	―economic	―economic	ADJ
ftr-322	278	28	effect	effect	NOUN
ftr-322	278	29	33	33	NUM
ftr-322	278	30	.	.	PUNCT
ftr-322	279	1	of	of	ADP
ftr-322	279	2	late	late	ADJ
ftr-322	279	3	,	,	PUNCT
ftr-322	279	4	many	many	ADJ
ftr-322	279	5	partnerships	partnership	NOUN
ftr-322	279	6	have	have	AUX
ftr-322	279	7	opted	opt	VERB
ftr-322	279	8	to	to	PART
ftr-322	279	9	eschew	eschew	VERB
ftr-322	279	10	the	the	DET
ftr-322	279	11	capital	capital	NOUN
ftr-322	279	12	accounts	account	NOUN
ftr-322	279	13	method	method	NOUN
ftr-322	279	14	mandated	mandate	VERB
ftr-322	279	15	by	by	ADP
ftr-322	279	16	the	the	DET
ftr-322	279	17	see	see	ADJ
ftr-322	279	18	safe	safe	ADJ
ftr-322	279	19	harbor	harbor	NOUN
ftr-322	279	20	in	in	ADP
ftr-322	279	21	favor	favor	NOUN
ftr-322	279	22	of	of	ADP
ftr-322	279	23	―target	―target	PUNCT
ftr-322	279	24	allocations‖	allocations‖	PROPN
ftr-322	279	25	that	that	PRON
ftr-322	279	26	do	do	AUX
ftr-322	279	27	not	not	PART
ftr-322	279	28	rely	rely	VERB
ftr-322	279	29	on	on	ADP
ftr-322	279	30	capital	capital	NOUN
ftr-322	279	31	accounts	account	NOUN
ftr-322	279	32	but	but	CCONJ
ftr-322	279	33	instead	instead	ADV
ftr-322	279	34	seek	seek	VERB
ftr-322	279	35	to	to	PART
ftr-322	279	36	satisfy	satisfy	VERB
ftr-322	279	37	the	the	DET
ftr-322	279	38	pip	pip	PROPN
ftr-322	279	39	standard	standard	PROPN
ftr-322	279	40	.	.	PUNCT
ftr-322	280	1	see	see	VERB
ftr-322	280	2	william	william	PROPN
ftr-322	280	3	g.	g.	PROPN
ftr-322	280	4	cavanagh	cavanagh	PROPN
ftr-322	280	5	,	,	PUNCT
ftr-322	280	6	targeted	target	VERB
ftr-322	280	7	allocations	allocation	NOUN
ftr-322	280	8	hit	hit	VERB
ftr-322	280	9	the	the	DET
ftr-322	280	10	spot	spot	NOUN
ftr-322	280	11	,	,	PUNCT
ftr-322	280	12	129	129	NUM
ftr-322	280	13	tax	tax	NOUN
ftr-322	280	14	notes	note	NOUN
ftr-322	280	15	89	89	NUM
ftr-322	280	16	,	,	PUNCT
ftr-322	280	17	102–06	102–06	NUM
ftr-322	280	18	(	(	PUNCT
ftr-322	280	19	oct	oct	PROPN
ftr-322	280	20	.	.	PROPN
ftr-322	280	21	4	4	NUM
ftr-322	280	22	,	,	PUNCT
ftr-322	280	23	2010	2010	NUM
ftr-322	280	24	)	)	PUNCT
ftr-322	280	25	.	.	PUNCT
ftr-322	281	1	34	34	NUM
ftr-322	281	2	.	.	PUNCT
ftr-322	282	1	reg	reg	PROPN
ftr-322	282	2	.	.	PUNCT
ftr-322	283	1	§	§	PROPN
ftr-322	283	2	1.704	1.704	NUM
ftr-322	283	3	-	-	NUM
ftr-322	283	4	1(b)(3	1(b)(3	NUM
ftr-322	283	5	)	)	PUNCT
ftr-322	283	6	,	,	PUNCT
ftr-322	283	7	(	(	PUNCT
ftr-322	283	8	5	5	X
ftr-322	283	9	)	)	PUNCT
ftr-322	283	10	ex	ex	NOUN
ftr-322	283	11	.	.	PROPN
ftr-322	283	12	25	25	NUM
ftr-322	283	13	.	.	NOUN
ftr-322	283	14	35	35	NUM
ftr-322	283	15	.	.	PUNCT
ftr-322	284	1	reg	reg	NOUN
ftr-322	284	2	.	.	PUNCT
ftr-322	285	1	§	§	PROPN
ftr-322	285	2	1.704	1.704	NUM
ftr-322	285	3	-	-	NUM
ftr-322	285	4	1(b)(2)(iii	1(b)(2)(iii	NUM
ftr-322	285	5	)	)	PUNCT
ftr-322	285	6	.	.	PUNCT
ftr-322	286	1	36	36	NUM
ftr-322	286	2	.	.	PUNCT
ftr-322	287	1	reg	reg	NOUN
ftr-322	287	2	.	.	PUNCT
ftr-322	288	1	§	§	PROPN
ftr-322	288	2	1.704	1.704	NUM
ftr-322	288	3	-	-	NUM
ftr-322	288	4	1(b)(2)(iii)(a	1(b)(2)(iii)(a	NUM
ftr-322	288	5	)	)	PUNCT
ftr-322	288	6	.	.	PUNCT
ftr-322	289	1	the	the	DET
ftr-322	289	2	formulation	formulation	NOUN
ftr-322	289	3	in	in	ADP
ftr-322	289	4	question	question	NOUN
ftr-322	289	5	technically	technically	ADV
ftr-322	289	6	requires	require	VERB
ftr-322	289	7	that	that	SCONJ
ftr-322	289	8	there	there	PRON
ftr-322	289	9	must	must	AUX
ftr-322	289	10	not	not	PART
ftr-322	289	11	be	be	AUX
ftr-322	289	12	a	a	DET
ftr-322	289	13	strong	strong	ADJ
ftr-322	289	14	likelihood	likelihood	NOUN
ftr-322	289	15	that	that	SCONJ
ftr-322	289	16	no	no	DET
ftr-322	289	17	partner‘s	partner‘s	ADJ
ftr-322	289	18	economic	economic	ADJ
ftr-322	289	19	consequences	consequence	NOUN
ftr-322	289	20	will	will	AUX
ftr-322	289	21	not	not	PART
ftr-322	289	22	be	be	AUX
ftr-322	289	23	substantially	substantially	ADV
ftr-322	289	24	diminished	diminish	VERB
ftr-322	289	25	.	.	PUNCT
ftr-322	290	1	polsky	polsky	PROPN
ftr-322	290	2	reformulates	reformulate	VERB
ftr-322	290	3	the	the	DET
ftr-322	290	4	language	language	NOUN
ftr-322	290	5	as	as	SCONJ
ftr-322	290	6	follows	follow	VERB
ftr-322	290	7	:	:	PUNCT
ftr-322	290	8	―whether	―whether	ADV
ftr-322	290	9	there	there	PRON
ftr-322	290	10	exists	exist	VERB
ftr-322	290	11	a	a	DET
ftr-322	290	12	‗reasonable	‗reasonable	ADJ
ftr-322	290	13	possibility	possibility	NOUN
ftr-322	290	14	‘	'	PUNCT
ftr-322	290	15	that	that	SCONJ
ftr-322	290	16	any	any	DET
ftr-322	290	17	partner‘s	partner‘s	ADJ
ftr-322	290	18	economic	economic	ADJ
ftr-322	290	19	consequences	consequence	NOUN
ftr-322	290	20	might	might	AUX
ftr-322	290	21	be	be	AUX
ftr-322	290	22	‗substantially	‗substantially	ADV
ftr-322	290	23	diminished	diminish	VERB
ftr-322	290	24	.	.	PUNCT
ftr-322	291	1	‘‖	‘‖	PROPN
ftr-322	291	2	polsky	polsky	PROPN
ftr-322	291	3	,	,	PUNCT
ftr-322	291	4	tax	tax	NOUN
ftr-322	291	5	-	-	PUNCT
ftr-322	291	6	driven	drive	VERB
ftr-322	291	7	allocations	allocation	NOUN
ftr-322	291	8	,	,	PUNCT
ftr-322	291	9	supra	supra	PROPN
ftr-322	291	10	note	note	NOUN
ftr-322	291	11	9	9	NUM
ftr-322	291	12	,	,	PUNCT
ftr-322	291	13	at	at	ADP
ftr-322	291	14	102	102	NUM
ftr-322	291	15	.	.	PUNCT
ftr-322	291	16	2012	2012	NUM
ftr-322	291	17	]	]	PUNCT
ftr-322	291	18	special	special	ADJ
ftr-322	291	19	allocations	allocation	NOUN
ftr-322	291	20	revisited	revisit	VERB
ftr-322	291	21	361	361	NUM
ftr-322	291	22	equivalence.‖	equivalence.‖	NOUN
ftr-322	291	23	37	37	NUM
ftr-322	291	24	since	since	SCONJ
ftr-322	291	25	the	the	DET
ftr-322	291	26	issues	issue	NOUN
ftr-322	291	27	i	i	PRON
ftr-322	291	28	discuss	discuss	VERB
ftr-322	291	29	in	in	ADP
ftr-322	291	30	part	part	NOUN
ftr-322	291	31	iv	iv	NUM
ftr-322	291	32	arise	arise	NOUN
ftr-322	291	33	under	under	ADP
ftr-322	291	34	each	each	PRON
ftr-322	291	35	of	of	ADP
ftr-322	291	36	the	the	DET
ftr-322	291	37	tests	test	NOUN
ftr-322	291	38	,	,	PUNCT
ftr-322	291	39	for	for	ADP
ftr-322	291	40	simplicity	simplicity	NOUN
ftr-322	291	41	the	the	DET
ftr-322	291	42	discussion	discussion	NOUN
ftr-322	291	43	treats	treat	VERB
ftr-322	291	44	the	the	DET
ftr-322	291	45	basic	basic	ADJ
ftr-322	291	46	test	test	NOUN
ftr-322	291	47	as	as	ADP
ftr-322	291	48	exemplary	exemplary	ADJ
ftr-322	291	49	.	.	PUNCT
ftr-322	292	1	under	under	ADP
ftr-322	292	2	that	that	DET
ftr-322	292	3	test	test	NOUN
ftr-322	292	4	,	,	PUNCT
ftr-322	292	5	an	an	DET
ftr-322	292	6	allocation	allocation	NOUN
ftr-322	292	7	has	have	VERB
ftr-322	292	8	economic	economic	ADJ
ftr-322	292	9	effect	effect	NOUN
ftr-322	292	10	if	if	SCONJ
ftr-322	292	11	three	three	NUM
ftr-322	292	12	requirements	requirement	NOUN
ftr-322	292	13	are	be	AUX
ftr-322	292	14	met	meet	VERB
ftr-322	292	15	:	:	PUNCT
ftr-322	292	16	(	(	PUNCT
ftr-322	292	17	1	1	X
ftr-322	292	18	)	)	PUNCT
ftr-322	292	19	the	the	DET
ftr-322	292	20	partnership	partnership	NOUN
ftr-322	292	21	agreement	agreement	NOUN
ftr-322	292	22	must	must	AUX
ftr-322	292	23	provide	provide	VERB
ftr-322	292	24	that	that	SCONJ
ftr-322	292	25	capital	capital	NOUN
ftr-322	292	26	accounts	account	NOUN
ftr-322	292	27	are	be	AUX
ftr-322	292	28	maintained	maintain	VERB
ftr-322	292	29	in	in	ADP
ftr-322	292	30	accordance	accordance	NOUN
ftr-322	292	31	with	with	ADP
ftr-322	292	32	the	the	DET
ftr-322	292	33	rules	rule	NOUN
ftr-322	292	34	set	set	VERB
ftr-322	292	35	out	out	ADP
ftr-322	292	36	in	in	ADP
ftr-322	292	37	regulations	regulation	NOUN
ftr-322	292	38	section	section	NOUN
ftr-322	292	39	1.704	1.704	NUM
ftr-322	292	40	-	-	SYM
ftr-322	292	41	1(b)(2)(iv	1(b)(2)(iv	NUM
ftr-322	292	42	)	)	PUNCT
ftr-322	292	43	;	;	PUNCT
ftr-322	292	44	(	(	PUNCT
ftr-322	292	45	2	2	X
ftr-322	292	46	)	)	PUNCT
ftr-322	292	47	liquidating	liquidating	NOUN
ftr-322	292	48	distributions	distribution	NOUN
ftr-322	292	49	must	must	AUX
ftr-322	292	50	be	be	AUX
ftr-322	292	51	made	make	VERB
ftr-322	292	52	in	in	ADP
ftr-322	292	53	accordance	accordance	NOUN
ftr-322	292	54	with	with	ADP
ftr-322	292	55	positive	positive	ADJ
ftr-322	292	56	capital	capital	NOUN
ftr-322	292	57	account	account	NOUN
ftr-322	292	58	balances	balance	NOUN
ftr-322	292	59	;	;	PUNCT
ftr-322	292	60	and	and	CCONJ
ftr-322	292	61	(	(	PUNCT
ftr-322	292	62	3	3	X
ftr-322	292	63	)	)	PUNCT
ftr-322	292	64	each	each	DET
ftr-322	292	65	partner	partner	NOUN
ftr-322	292	66	must	must	AUX
ftr-322	292	67	have	have	VERB
ftr-322	292	68	an	an	DET
ftr-322	292	69	unlimited	unlimited	ADJ
ftr-322	292	70	deficit	deficit	NOUN
ftr-322	292	71	restoration	restoration	NOUN
ftr-322	292	72	obligation	obligation	NOUN
ftr-322	292	73	(	(	PUNCT
ftr-322	292	74	a	a	DET
ftr-322	292	75	―dro‖	―dro‖	NOUN
ftr-322	292	76	)	)	PUNCT
ftr-322	292	77	,	,	PUNCT
ftr-322	292	78	meaning	mean	VERB
ftr-322	292	79	that	that	SCONJ
ftr-322	292	80	on	on	ADP
ftr-322	292	81	liquidation	liquidation	NOUN
ftr-322	292	82	the	the	DET
ftr-322	292	83	partner	partner	NOUN
ftr-322	292	84	must	must	AUX
ftr-322	292	85	pay	pay	VERB
ftr-322	292	86	into	into	ADP
ftr-322	292	87	the	the	DET
ftr-322	292	88	partnership	partnership	NOUN
ftr-322	292	89	the	the	DET
ftr-322	292	90	amount	amount	NOUN
ftr-322	292	91	,	,	PUNCT
ftr-322	292	92	if	if	SCONJ
ftr-322	292	93	any	any	PRON
ftr-322	292	94	,	,	PUNCT
ftr-322	292	95	of	of	ADP
ftr-322	292	96	the	the	DET
ftr-322	292	97	partner‘s	partner‘s	ADJ
ftr-322	292	98	negative	negative	ADJ
ftr-322	292	99	capital	capital	NOUN
ftr-322	292	100	account	account	NOUN
ftr-322	292	101	balance	balance	NOUN
ftr-322	292	102	.	.	PUNCT
ftr-322	293	1	38	38	NUM
ftr-322	293	2	the	the	DET
ftr-322	293	3	core	core	NOUN
ftr-322	293	4	of	of	ADP
ftr-322	293	5	the	the	DET
ftr-322	293	6	basic	basic	ADJ
ftr-322	293	7	test	test	NOUN
ftr-322	293	8	is	be	AUX
ftr-322	293	9	the	the	DET
ftr-322	293	10	requirement	requirement	NOUN
ftr-322	293	11	that	that	SCONJ
ftr-322	293	12	capital	capital	NOUN
ftr-322	293	13	accounts	account	NOUN
ftr-322	293	14	be	be	AUX
ftr-322	293	15	maintained	maintain	VERB
ftr-322	293	16	in	in	ADP
ftr-322	293	17	accordance	accordance	NOUN
ftr-322	293	18	with	with	ADP
ftr-322	293	19	regulations	regulation	NOUN
ftr-322	293	20	section	section	NOUN
ftr-322	293	21	1.704	1.704	NUM
ftr-322	293	22	-	-	SYM
ftr-322	293	23	1(b)(2)(iv	1(b)(2)(iv	NUM
ftr-322	293	24	)	)	PUNCT
ftr-322	293	25	,	,	PUNCT
ftr-322	293	26	which	which	PRON
ftr-322	293	27	generally	generally	ADV
ftr-322	293	28	requires	require	VERB
ftr-322	293	29	that	that	SCONJ
ftr-322	293	30	capital	capital	NOUN
ftr-322	293	31	accounts	account	NOUN
ftr-322	293	32	be	be	AUX
ftr-322	293	33	increased	increase	VERB
ftr-322	293	34	by	by	ADP
ftr-322	293	35	contributions	contribution	NOUN
ftr-322	293	36	of	of	ADP
ftr-322	293	37	money	money	NOUN
ftr-322	293	38	or	or	CCONJ
ftr-322	293	39	property	property	NOUN
ftr-322	293	40	and	and	CCONJ
ftr-322	293	41	income	income	NOUN
ftr-322	293	42	or	or	CCONJ
ftr-322	293	43	gain	gain	VERB
ftr-322	293	44	allocable	allocable	ADJ
ftr-322	293	45	to	to	ADP
ftr-322	293	46	the	the	DET
ftr-322	293	47	partner	partner	NOUN
ftr-322	293	48	,	,	PUNCT
ftr-322	293	49	and	and	CCONJ
ftr-322	293	50	reduced	reduce	VERB
ftr-322	293	51	by	by	ADP
ftr-322	293	52	distributions	distribution	NOUN
ftr-322	293	53	of	of	ADP
ftr-322	293	54	money	money	NOUN
ftr-322	293	55	or	or	CCONJ
ftr-322	293	56	property	property	NOUN
ftr-322	293	57	and	and	CCONJ
ftr-322	293	58	items	item	NOUN
ftr-322	293	59	of	of	ADP
ftr-322	293	60	loss	loss	NOUN
ftr-322	293	61	or	or	CCONJ
ftr-322	293	62	expense	expense	NOUN
ftr-322	293	63	allocable	allocable	ADJ
ftr-322	293	64	to	to	ADP
ftr-322	293	65	the	the	DET
ftr-322	293	66	partner	partner	NOUN
ftr-322	293	67	.	.	PUNCT
ftr-322	294	1	the	the	DET
ftr-322	294	2	idea	idea	NOUN
ftr-322	294	3	is	be	AUX
ftr-322	294	4	to	to	PART
ftr-322	294	5	ensure	ensure	VERB
ftr-322	294	6	that	that	SCONJ
ftr-322	294	7	capital	capital	NOUN
ftr-322	294	8	accounts	account	NOUN
ftr-322	294	9	reflect	reflect	VERB
ftr-322	294	10	the	the	DET
ftr-322	294	11	economic	economic	ADJ
ftr-322	294	12	stakes	stake	NOUN
ftr-322	294	13	of	of	ADP
ftr-322	294	14	the	the	DET
ftr-322	294	15	partners	partner	NOUN
ftr-322	294	16	.	.	PUNCT
ftr-322	295	1	consider	consider	VERB
ftr-322	295	2	the	the	DET
ftr-322	295	3	following	follow	VERB
ftr-322	295	4	simple	simple	ADJ
ftr-322	295	5	example	example	NOUN
ftr-322	295	6	:	:	PUNCT
ftr-322	295	7	example	example	NOUN
ftr-322	296	1	1	1	NUM
ftr-322	296	2	—	—	PUNCT
ftr-322	296	3	on	on	ADP
ftr-322	296	4	day	day	NOUN
ftr-322	296	5	1	1	NUM
ftr-322	296	6	of	of	ADP
ftr-322	296	7	year	year	NOUN
ftr-322	296	8	1	1	NUM
ftr-322	296	9	,	,	PUNCT
ftr-322	296	10	a	a	PRON
ftr-322	296	11	and	and	CCONJ
ftr-322	296	12	b	b	NOUN
ftr-322	296	13	each	each	PRON
ftr-322	296	14	contribute	contribute	VERB
ftr-322	296	15	$	$	SYM
ftr-322	296	16	200	200	NUM
ftr-322	296	17	to	to	ADP
ftr-322	296	18	the	the	DET
ftr-322	296	19	newly	newly	ADV
ftr-322	296	20	-	-	PUNCT
ftr-322	296	21	formed	form	VERB
ftr-322	296	22	ab	ab	PROPN
ftr-322	296	23	general	general	PROPN
ftr-322	296	24	partnership	partnership	NOUN
ftr-322	296	25	in	in	ADP
ftr-322	296	26	exchange	exchange	NOUN
ftr-322	296	27	for	for	ADP
ftr-322	296	28	interests	interest	NOUN
ftr-322	296	29	in	in	ADP
ftr-322	296	30	ab	ab	PROPN
ftr-322	296	31	.	.	PUNCT
ftr-322	297	1	the	the	DET
ftr-322	297	2	partnership	partnership	NOUN
ftr-322	297	3	agreement	agreement	NOUN
ftr-322	297	4	provides	provide	VERB
ftr-322	297	5	that	that	SCONJ
ftr-322	297	6	their	their	PRON
ftr-322	297	7	interests	interest	NOUN
ftr-322	297	8	in	in	ADP
ftr-322	297	9	items	item	NOUN
ftr-322	297	10	of	of	ADP
ftr-322	297	11	partnership	partnership	NOUN
ftr-322	297	12	igld	igld	ADJ
ftr-322	297	13	are	be	AUX
ftr-322	297	14	equal	equal	ADJ
ftr-322	297	15	,	,	PUNCT
ftr-322	297	16	except	except	SCONJ
ftr-322	297	17	that	that	SCONJ
ftr-322	297	18	the	the	DET
ftr-322	297	19	partnership	partnership	NOUN
ftr-322	297	20	agreement	agreement	NOUN
ftr-322	297	21	assigns	assign	VERB
ftr-322	297	22	to	to	ADP
ftr-322	297	23	a	a	DET
ftr-322	297	24	all	all	DET
ftr-322	297	25	items	item	NOUN
ftr-322	297	26	of	of	ADP
ftr-322	297	27	depreciation	depreciation	NOUN
ftr-322	297	28	with	with	ADP
ftr-322	297	29	respect	respect	NOUN
ftr-322	297	30	to	to	ADP
ftr-322	297	31	real	real	ADJ
ftr-322	297	32	property	property	NOUN
ftr-322	297	33	owned	own	VERB
ftr-322	297	34	by	by	ADP
ftr-322	297	35	ab	ab	PROPN
ftr-322	297	36	.	.	PUNCT
ftr-322	298	1	a	a	PRON
ftr-322	298	2	also	also	ADV
ftr-322	298	3	is	be	AUX
ftr-322	298	4	allocated	allocate	VERB
ftr-322	298	5	,	,	PUNCT
ftr-322	298	6	or	or	CCONJ
ftr-322	298	7	charged	charge	VERB
ftr-322	298	8	back	back	ADV
ftr-322	298	9	,	,	PUNCT
ftr-322	298	10	all	all	DET
ftr-322	298	11	gain	gain	VERB
ftr-322	298	12	realized	realize	VERB
ftr-322	298	13	on	on	ADP
ftr-322	298	14	the	the	DET
ftr-322	298	15	disposition	disposition	NOUN
ftr-322	298	16	of	of	ADP
ftr-322	298	17	real	real	ADJ
ftr-322	298	18	property	property	NOUN
ftr-322	298	19	by	by	ADP
ftr-322	298	20	ab	ab	PROPN
ftr-322	298	21	up	up	ADP
ftr-322	298	22	to	to	AUX
ftr-322	298	23	previously	previously	ADV
ftr-322	298	24	taken	take	VERB
ftr-322	298	25	depreciation	depreciation	NOUN
ftr-322	298	26	thereon	thereon	NOUN
ftr-322	298	27	.	.	PUNCT
ftr-322	299	1	any	any	DET
ftr-322	299	2	remaining	remain	VERB
ftr-322	299	3	gain	gain	NOUN
ftr-322	299	4	and	and	CCONJ
ftr-322	299	5	all	all	DET
ftr-322	299	6	loss	loss	NOUN
ftr-322	299	7	are	be	AUX
ftr-322	299	8	shared	share	VERB
ftr-322	299	9	equally	equally	ADV
ftr-322	299	10	by	by	ADP
ftr-322	299	11	a	a	PRON
ftr-322	299	12	and	and	CCONJ
ftr-322	299	13	b.	b.	PROPN
ftr-322	299	14	39	39	NUM
ftr-322	300	1	the	the	DET
ftr-322	300	2	partnership	partnership	NOUN
ftr-322	300	3	agreement	agreement	NOUN
ftr-322	300	4	provides	provide	VERB
ftr-322	300	5	that	that	SCONJ
ftr-322	300	6	capital	capital	NOUN
ftr-322	300	7	accounts	account	NOUN
ftr-322	300	8	will	will	AUX
ftr-322	300	9	be	be	AUX
ftr-322	300	10	maintained	maintain	VERB
ftr-322	300	11	in	in	ADP
ftr-322	300	12	accordance	accordance	NOUN
ftr-322	300	13	with	with	ADP
ftr-322	300	14	the	the	DET
ftr-322	300	15	section	section	NOUN
ftr-322	300	16	704(b	704(b	PROPN
ftr-322	300	17	)	)	PUNCT
ftr-322	300	18	regulations	regulation	NOUN
ftr-322	300	19	,	,	PUNCT
ftr-322	300	20	liquidating	liquidating	NOUN
ftr-322	300	21	distributions	distribution	NOUN
ftr-322	300	22	will	will	AUX
ftr-322	300	23	be	be	AUX
ftr-322	300	24	made	make	VERB
ftr-322	300	25	in	in	ADP
ftr-322	300	26	accordance	accordance	NOUN
ftr-322	300	27	with	with	ADP
ftr-322	300	28	positive	positive	ADJ
ftr-322	300	29	capital	capital	NOUN
ftr-322	300	30	account	account	NOUN
ftr-322	300	31	balances	balance	NOUN
ftr-322	300	32	,	,	PUNCT
ftr-322	300	33	and	and	CCONJ
ftr-322	300	34	each	each	DET
ftr-322	300	35	partner	partner	NOUN
ftr-322	300	36	has	have	VERB
ftr-322	300	37	an	an	DET
ftr-322	300	38	unlimited	unlimited	ADJ
ftr-322	300	39	dro	dro	NOUN
ftr-322	300	40	.	.	PUNCT
ftr-322	301	1	the	the	DET
ftr-322	301	2	preceding	precede	VERB
ftr-322	301	3	arrangement	arrangement	NOUN
ftr-322	301	4	,	,	PUNCT
ftr-322	301	5	including	include	VERB
ftr-322	301	6	the	the	DET
ftr-322	301	7	special	special	ADJ
ftr-322	301	8	allocation	allocation	NOUN
ftr-322	301	9	of	of	ADP
ftr-322	301	10	real	real	ADJ
ftr-322	301	11	property	property	NOUN
ftr-322	301	12	depreciation	depreciation	NOUN
ftr-322	301	13	and	and	CCONJ
ftr-322	301	14	the	the	DET
ftr-322	301	15	chargeback	chargeback	NOUN
ftr-322	301	16	to	to	ADP
ftr-322	301	17	a	a	PRON
ftr-322	301	18	,	,	PUNCT
ftr-322	301	19	satisfies	satisfy	VERB
ftr-322	301	20	the	the	DET
ftr-322	301	21	basic	basic	ADJ
ftr-322	301	22	test	test	NOUN
ftr-322	301	23	for	for	ADP
ftr-322	301	24	economic	economic	ADJ
ftr-322	301	25	effect	effect	NOUN
ftr-322	301	26	.	.	PUNCT
ftr-322	302	1	in	in	ADP
ftr-322	302	2	particular	particular	ADJ
ftr-322	302	3	,	,	PUNCT
ftr-322	302	4	by	by	ADP
ftr-322	302	5	incorporating	incorporate	VERB
ftr-322	302	6	reference	reference	NOUN
ftr-322	302	7	to	to	ADP
ftr-322	302	8	the	the	DET
ftr-322	302	9	704(b	704(b	PROPN
ftr-322	302	10	)	)	PUNCT
ftr-322	302	11	37	37	NUM
ftr-322	302	12	.	.	PUNCT
ftr-322	302	13	reg	reg	NOUN
ftr-322	302	14	.	.	PUNCT
ftr-322	303	1	§	§	PROPN
ftr-322	303	2	1.704	1.704	NUM
ftr-322	303	3	-	-	NUM
ftr-322	303	4	1(b)(2)(ii)(b	1(b)(2)(ii)(b	NUM
ftr-322	303	5	)	)	PUNCT
ftr-322	303	6	(	(	PUNCT
ftr-322	303	7	basic	basic	ADJ
ftr-322	303	8	test	test	NOUN
ftr-322	303	9	)	)	PUNCT
ftr-322	303	10	,	,	PUNCT
ftr-322	303	11	(	(	PUNCT
ftr-322	303	12	ii)(d	ii)(d	PROPN
ftr-322	303	13	)	)	PUNCT
ftr-322	303	14	(	(	PUNCT
ftr-322	303	15	alternate	alternate	ADJ
ftr-322	303	16	test	test	NOUN
ftr-322	303	17	)	)	PUNCT
ftr-322	303	18	,	,	PUNCT
ftr-322	303	19	(	(	PUNCT
ftr-322	303	20	ii)(i	ii)(i	NOUN
ftr-322	303	21	)	)	PUNCT
ftr-322	303	22	(	(	PUNCT
ftr-322	303	23	equivalence	equivalence	NOUN
ftr-322	303	24	test	test	NOUN
ftr-322	303	25	)	)	PUNCT
ftr-322	303	26	.	.	PUNCT
ftr-322	304	1	38	38	NUM
ftr-322	304	2	.	.	PUNCT
ftr-322	305	1	reg	reg	NOUN
ftr-322	305	2	.	.	PUNCT
ftr-322	306	1	§	§	PROPN
ftr-322	306	2	1.704	1.704	NUM
ftr-322	306	3	-	-	NUM
ftr-322	306	4	1(b)(2)(ii	1(b)(2)(ii	NUM
ftr-322	306	5	)	)	PUNCT
ftr-322	306	6	.	.	PUNCT
ftr-322	307	1	39	39	NUM
ftr-322	307	2	.	.	PUNCT
ftr-322	308	1	yin	yin	PROPN
ftr-322	308	2	uses	use	VERB
ftr-322	308	3	a	a	DET
ftr-322	308	4	closely	closely	ADV
ftr-322	308	5	similar	similar	ADJ
ftr-322	308	6	example	example	NOUN
ftr-322	308	7	.	.	PUNCT
ftr-322	309	1	yin	yin	NOUN
ftr-322	309	2	,	,	PUNCT
ftr-322	309	3	future	future	ADJ
ftr-322	309	4	taxation	taxation	NOUN
ftr-322	309	5	,	,	PUNCT
ftr-322	309	6	supra	supra	PROPN
ftr-322	309	7	note	note	NOUN
ftr-322	309	8	3	3	NUM
ftr-322	309	9	,	,	PUNCT
ftr-322	309	10	at	at	ADP
ftr-322	309	11	161	161	NUM
ftr-322	309	12	.	.	PUNCT
ftr-322	310	1	362	362	NUM
ftr-322	310	2	florida	florida	PROPN
ftr-322	310	3	tax	tax	NOUN
ftr-322	310	4	review	review	NOUN
ftr-322	310	5	[	[	X
ftr-322	310	6	vol	vol	NOUN
ftr-322	310	7	.	.	PUNCT
ftr-322	311	1	13:7	13:7	NUM
ftr-322	311	2	regulations	regulation	NOUN
ftr-322	311	3	and	and	CCONJ
ftr-322	311	4	the	the	DET
ftr-322	311	5	rules	rule	NOUN
ftr-322	311	6	on	on	ADP
ftr-322	311	7	liquidation	liquidation	NOUN
ftr-322	311	8	,	,	PUNCT
ftr-322	311	9	the	the	DET
ftr-322	311	10	agreement	agreement	NOUN
ftr-322	311	11	satisfies	satisfy	VERB
ftr-322	311	12	the	the	DET
ftr-322	311	13	basic	basic	ADJ
ftr-322	311	14	test	test	NOUN
ftr-322	311	15	,	,	PUNCT
ftr-322	311	16	as	as	ADV
ftr-322	311	17	long	long	ADV
ftr-322	311	18	as	as	SCONJ
ftr-322	311	19	the	the	DET
ftr-322	311	20	partnership	partnership	NOUN
ftr-322	311	21	actually	actually	ADV
ftr-322	311	22	complies	comply	VERB
ftr-322	311	23	with	with	ADP
ftr-322	311	24	it	it	PRON
ftr-322	311	25	in	in	ADP
ftr-322	311	26	practice	practice	NOUN
ftr-322	311	27	.	.	PUNCT
ftr-322	312	1	further	further	ADJ
ftr-322	312	2	development	development	NOUN
ftr-322	312	3	of	of	ADP
ftr-322	312	4	the	the	DET
ftr-322	312	5	example	example	NOUN
ftr-322	312	6	illustrates	illustrate	VERB
ftr-322	312	7	the	the	DET
ftr-322	312	8	operation	operation	NOUN
ftr-322	312	9	of	of	ADP
ftr-322	312	10	the	the	DET
ftr-322	312	11	basic	basic	ADJ
ftr-322	312	12	capital	capital	NOUN
ftr-322	312	13	accounting	accounting	NOUN
ftr-322	312	14	rules	rule	NOUN
ftr-322	312	15	as	as	SCONJ
ftr-322	312	16	applied	apply	VERB
ftr-322	312	17	to	to	ADP
ftr-322	312	18	the	the	DET
ftr-322	312	19	special	special	ADJ
ftr-322	312	20	allocation	allocation	NOUN
ftr-322	312	21	.	.	PUNCT
ftr-322	313	1	suppose	suppose	VERB
ftr-322	313	2	that	that	SCONJ
ftr-322	313	3	ab	ab	PROPN
ftr-322	313	4	borrows	borrow	VERB
ftr-322	313	5	$	$	SYM
ftr-322	313	6	800	800	NUM
ftr-322	313	7	on	on	ADP
ftr-322	313	8	a	a	DET
ftr-322	313	9	recourse	recourse	NOUN
ftr-322	313	10	basis	basis	NOUN
ftr-322	313	11	and	and	CCONJ
ftr-322	313	12	purchases	purchase	VERB
ftr-322	313	13	factory	factory	NOUN
ftr-322	313	14	for	for	ADP
ftr-322	313	15	$	$	SYM
ftr-322	313	16	1,000	1,000	NUM
ftr-322	313	17	,	,	PUNCT
ftr-322	313	18	with	with	ADP
ftr-322	313	19	no	no	DET
ftr-322	313	20	principal	principal	NOUN
ftr-322	313	21	due	due	ADJ
ftr-322	313	22	on	on	ADP
ftr-322	313	23	the	the	DET
ftr-322	313	24	loan	loan	NOUN
ftr-322	313	25	until	until	ADP
ftr-322	313	26	the	the	DET
ftr-322	313	27	earlier	early	ADJ
ftr-322	313	28	of	of	ADP
ftr-322	313	29	the	the	DET
ftr-322	313	30	sale	sale	NOUN
ftr-322	313	31	of	of	ADP
ftr-322	313	32	factory	factory	NOUN
ftr-322	313	33	or	or	CCONJ
ftr-322	313	34	five	five	NUM
ftr-322	313	35	years	year	NOUN
ftr-322	313	36	from	from	ADP
ftr-322	313	37	the	the	DET
ftr-322	313	38	date	date	NOUN
ftr-322	313	39	of	of	ADP
ftr-322	313	40	borrowing	borrowing	NOUN
ftr-322	313	41	,	,	PUNCT
ftr-322	313	42	at	at	ADP
ftr-322	313	43	which	which	DET
ftr-322	313	44	time	time	NOUN
ftr-322	313	45	the	the	DET
ftr-322	313	46	full	full	ADJ
ftr-322	313	47	principal	principal	ADJ
ftr-322	313	48	amount	amount	NOUN
ftr-322	313	49	becomes	become	VERB
ftr-322	313	50	due	due	ADJ
ftr-322	313	51	.	.	PUNCT
ftr-322	314	1	a‘s	a‘s	NOUN
ftr-322	314	2	and	and	CCONJ
ftr-322	314	3	b‘s	b‘s	PROPN
ftr-322	314	4	initial	initial	ADJ
ftr-322	314	5	capital	capital	NOUN
ftr-322	314	6	accounts	account	NOUN
ftr-322	314	7	are	be	AUX
ftr-322	314	8	$	$	SYM
ftr-322	314	9	200	200	NUM
ftr-322	314	10	each	each	PRON
ftr-322	314	11	.	.	PUNCT
ftr-322	315	1	their	their	PRON
ftr-322	315	2	―outside	―outside	ADP
ftr-322	315	3	bases‖	bases‖	PRON
ftr-322	315	4	are	be	AUX
ftr-322	315	5	$	$	SYM
ftr-322	315	6	600	600	NUM
ftr-322	315	7	each	each	PRON
ftr-322	315	8	,	,	PUNCT
ftr-322	315	9	reflecting	reflect	VERB
ftr-322	315	10	basis	basis	NOUN
ftr-322	315	11	credit	credit	NOUN
ftr-322	315	12	for	for	ADP
ftr-322	315	13	the	the	DET
ftr-322	315	14	borrowing	borrowing	NOUN
ftr-322	315	15	.	.	PUNCT
ftr-322	316	1	40	40	NUM
ftr-322	317	1	if	if	SCONJ
ftr-322	317	2	depreciation	depreciation	NOUN
ftr-322	317	3	is	be	AUX
ftr-322	317	4	$	$	SYM
ftr-322	317	5	50	50	NUM
ftr-322	317	6	per	per	ADP
ftr-322	317	7	year	year	NOUN
ftr-322	317	8	41	41	NUM
ftr-322	317	9	and	and	CCONJ
ftr-322	317	10	all	all	DET
ftr-322	317	11	items	item	NOUN
ftr-322	317	12	of	of	ADP
ftr-322	317	13	igld	igld	ADJ
ftr-322	317	14	other	other	ADJ
ftr-322	317	15	than	than	ADP
ftr-322	317	16	depreciation	depreciation	NOUN
ftr-322	317	17	net	net	NOUN
ftr-322	317	18	to	to	ADP
ftr-322	317	19	zero	zero	NUM
ftr-322	317	20	each	each	DET
ftr-322	317	21	year	year	NOUN
ftr-322	317	22	,	,	PUNCT
ftr-322	317	23	then	then	ADV
ftr-322	317	24	after	after	ADP
ftr-322	317	25	one	one	NUM
ftr-322	317	26	year	year	NOUN
ftr-322	317	27	,	,	PUNCT
ftr-322	317	28	a	a	PRON
ftr-322	317	29	receives	receive	VERB
ftr-322	317	30	a	a	DET
ftr-322	317	31	$	$	SYM
ftr-322	317	32	50	50	NUM
ftr-322	317	33	depreciation	depreciation	NOUN
ftr-322	317	34	deduction	deduction	NOUN
ftr-322	317	35	,	,	PUNCT
ftr-322	317	36	and	and	CCONJ
ftr-322	317	37	a‘s	a‘s	PROPN
ftr-322	317	38	capital	capital	NOUN
ftr-322	317	39	account	account	NOUN
ftr-322	317	40	and	and	CCONJ
ftr-322	317	41	outside	outside	ADJ
ftr-322	317	42	basis	basis	NOUN
ftr-322	317	43	each	each	DET
ftr-322	317	44	drop	drop	NOUN
ftr-322	317	45	by	by	ADP
ftr-322	317	46	$	$	SYM
ftr-322	317	47	50	50	NUM
ftr-322	317	48	,	,	PUNCT
ftr-322	317	49	to	to	ADP
ftr-322	317	50	$	$	SYM
ftr-322	317	51	150	150	NUM
ftr-322	317	52	and	and	CCONJ
ftr-322	317	53	$	$	SYM
ftr-322	317	54	550	550	NUM
ftr-322	317	55	,	,	PUNCT
ftr-322	317	56	respectively	respectively	ADV
ftr-322	317	57	,	,	PUNCT
ftr-322	317	58	while	while	SCONJ
ftr-322	317	59	b‘s	b‘s	PROPN
ftr-322	317	60	capital	capital	NOUN
ftr-322	317	61	account	account	NOUN
ftr-322	317	62	and	and	CCONJ
ftr-322	317	63	outside	outside	ADJ
ftr-322	317	64	basis	basis	NOUN
ftr-322	317	65	remain	remain	VERB
ftr-322	317	66	unchanged	unchanged	ADJ
ftr-322	317	67	.	.	PUNCT
ftr-322	318	1	42	42	NUM
ftr-322	318	2	ab‘s	ab‘s	ADJ
ftr-322	318	3	―inside	―inside	ADV
ftr-322	318	4	basis‖	basis‖	ADP
ftr-322	318	5	in	in	ADP
ftr-322	318	6	factory	factory	NOUN
ftr-322	318	7	likewise	likewise	ADV
ftr-322	318	8	falls	fall	VERB
ftr-322	318	9	by	by	ADP
ftr-322	318	10	$	$	SYM
ftr-322	318	11	50	50	NUM
ftr-322	318	12	,	,	PUNCT
ftr-322	318	13	to	to	ADP
ftr-322	318	14	$	$	SYM
ftr-322	318	15	950	950	NUM
ftr-322	318	16	.	.	PUNCT
ftr-322	319	1	the	the	DET
ftr-322	319	2	allocation	allocation	NOUN
ftr-322	319	3	has	have	VERB
ftr-322	319	4	economic	economic	ADJ
ftr-322	319	5	effect	effect	NOUN
ftr-322	319	6	because	because	SCONJ
ftr-322	319	7	it	it	PRON
ftr-322	319	8	is	be	AUX
ftr-322	319	9	reflected	reflect	VERB
ftr-322	319	10	in	in	ADP
ftr-322	319	11	the	the	DET
ftr-322	319	12	actual	actual	ADJ
ftr-322	319	13	dollar	dollar	NOUN
ftr-322	319	14	amounts	amount	VERB
ftr-322	319	15	to	to	ADP
ftr-322	319	16	which	which	PRON
ftr-322	319	17	the	the	DET
ftr-322	319	18	partners	partner	NOUN
ftr-322	319	19	would	would	AUX
ftr-322	319	20	be	be	AUX
ftr-322	319	21	entitled	entitle	VERB
ftr-322	319	22	on	on	ADP
ftr-322	319	23	liquidation	liquidation	NOUN
ftr-322	319	24	.	.	PUNCT
ftr-322	320	1	in	in	ADP
ftr-322	320	2	particular	particular	ADJ
ftr-322	320	3	,	,	PUNCT
ftr-322	320	4	if	if	SCONJ
ftr-322	320	5	the	the	DET
ftr-322	320	6	partnership	partnership	NOUN
ftr-322	320	7	sold	sell	VERB
ftr-322	320	8	the	the	DET
ftr-322	320	9	property	property	NOUN
ftr-322	320	10	at	at	ADP
ftr-322	320	11	its	its	PRON
ftr-322	320	12	book	book	NOUN
ftr-322	320	13	value	value	NOUN
ftr-322	320	14	(	(	PUNCT
ftr-322	320	15	$	$	SYM
ftr-322	320	16	950	950	NUM
ftr-322	320	17	)	)	PUNCT
ftr-322	320	18	and	and	CCONJ
ftr-322	320	19	the	the	DET
ftr-322	320	20	partnership	partnership	NOUN
ftr-322	320	21	liquidated	liquidate	VERB
ftr-322	320	22	,	,	PUNCT
ftr-322	320	23	the	the	DET
ftr-322	320	24	loan	loan	NOUN
ftr-322	320	25	would	would	AUX
ftr-322	320	26	be	be	AUX
ftr-322	320	27	repaid	repay	VERB
ftr-322	320	28	,	,	PUNCT
ftr-322	320	29	a	a	PRON
ftr-322	320	30	would	would	AUX
ftr-322	320	31	receive	receive	VERB
ftr-322	320	32	$	$	SYM
ftr-322	320	33	150	150	NUM
ftr-322	320	34	,	,	PUNCT
ftr-322	320	35	and	and	CCONJ
ftr-322	320	36	b	b	NOUN
ftr-322	320	37	would	would	AUX
ftr-322	320	38	receive	receive	VERB
ftr-322	320	39	$	$	SYM
ftr-322	320	40	200	200	NUM
ftr-322	320	41	.	.	PUNCT
ftr-322	321	1	suppose	suppose	VERB
ftr-322	321	2	this	this	DET
ftr-322	321	3	basic	basic	ADJ
ftr-322	321	4	state	state	NOUN
ftr-322	321	5	of	of	ADP
ftr-322	321	6	affairs	affair	NOUN
ftr-322	321	7	continues	continue	VERB
ftr-322	321	8	until	until	ADP
ftr-322	321	9	the	the	DET
ftr-322	321	10	end	end	NOUN
ftr-322	321	11	of	of	ADP
ftr-322	321	12	year	year	NOUN
ftr-322	321	13	3	3	NUM
ftr-322	321	14	,	,	PUNCT
ftr-322	321	15	at	at	ADP
ftr-322	321	16	which	which	DET
ftr-322	321	17	time	time	NOUN
ftr-322	321	18	ab	ab	PROPN
ftr-322	321	19	sells	sell	VERB
ftr-322	321	20	factory	factory	NOUN
ftr-322	321	21	for	for	ADP
ftr-322	321	22	$	$	SYM
ftr-322	321	23	900	900	NUM
ftr-322	321	24	.	.	PUNCT
ftr-322	322	1	immediately	immediately	ADV
ftr-322	322	2	prior	prior	ADV
ftr-322	322	3	to	to	ADP
ftr-322	322	4	the	the	DET
ftr-322	322	5	sale	sale	NOUN
ftr-322	322	6	,	,	PUNCT
ftr-322	322	7	a‘s	a‘s	PROPN
ftr-322	322	8	capital	capital	NOUN
ftr-322	322	9	account	account	NOUN
ftr-322	322	10	is	be	AUX
ftr-322	322	11	$	$	SYM
ftr-322	322	12	50	50	NUM
ftr-322	322	13	,	,	PUNCT
ftr-322	322	14	reflecting	reflect	VERB
ftr-322	322	15	three	three	NUM
ftr-322	322	16	years	year	NOUN
ftr-322	322	17	of	of	ADP
ftr-322	322	18	depreciation	depreciation	NOUN
ftr-322	322	19	at	at	ADP
ftr-322	322	20	$	$	SYM
ftr-322	322	21	50	50	NUM
ftr-322	322	22	per	per	ADP
ftr-322	322	23	year	year	NOUN
ftr-322	322	24	,	,	PUNCT
ftr-322	322	25	40	40	NUM
ftr-322	322	26	.	.	PUNCT
ftr-322	322	27	i.r.c	i.r.c	NOUN
ftr-322	322	28	.	.	PUNCT
ftr-322	323	1	§	§	PROPN
ftr-322	323	2	§	§	PROPN
ftr-322	323	3	722	722	NUM
ftr-322	323	4	(	(	PUNCT
ftr-322	323	5	basis	basis	NOUN
ftr-322	323	6	includes	include	VERB
ftr-322	323	7	amount	amount	NOUN
ftr-322	323	8	of	of	ADP
ftr-322	323	9	money	money	NOUN
ftr-322	323	10	contributed	contribute	VERB
ftr-322	323	11	to	to	ADP
ftr-322	323	12	the	the	DET
ftr-322	323	13	partnership	partnership	NOUN
ftr-322	323	14	)	)	PUNCT
ftr-322	323	15	,	,	PUNCT
ftr-322	323	16	752(a	752(a	NOUN
ftr-322	323	17	)	)	PUNCT
ftr-322	323	18	(	(	PUNCT
ftr-322	324	1	partner‘s	partner‘s	NOUN
ftr-322	324	2	assumption	assumption	NOUN
ftr-322	324	3	of	of	ADP
ftr-322	324	4	a	a	DET
ftr-322	324	5	partnership	partnership	NOUN
ftr-322	324	6	liability	liability	NOUN
ftr-322	324	7	is	be	AUX
ftr-322	324	8	treated	treat	VERB
ftr-322	324	9	as	as	ADP
ftr-322	324	10	the	the	DET
ftr-322	324	11	partner‘s	partner‘s	PROPN
ftr-322	324	12	contribution	contribution	NOUN
ftr-322	324	13	of	of	ADP
ftr-322	324	14	money	money	NOUN
ftr-322	324	15	to	to	ADP
ftr-322	324	16	the	the	DET
ftr-322	324	17	partnership	partnership	NOUN
ftr-322	324	18	)	)	PUNCT
ftr-322	324	19	.	.	PUNCT
ftr-322	325	1	41	41	NUM
ftr-322	325	2	.	.	PUNCT
ftr-322	326	1	as	as	SCONJ
ftr-322	326	2	is	be	AUX
ftr-322	326	3	customary	customary	ADJ
ftr-322	326	4	in	in	ADP
ftr-322	326	5	discussion	discussion	NOUN
ftr-322	326	6	of	of	ADP
ftr-322	326	7	allocations	allocation	NOUN
ftr-322	326	8	involving	involve	VERB
ftr-322	326	9	depreciation	depreciation	NOUN
ftr-322	326	10	,	,	PUNCT
ftr-322	326	11	simplifying	simplify	VERB
ftr-322	326	12	assumptions	assumption	NOUN
ftr-322	326	13	for	for	ADP
ftr-322	326	14	the	the	DET
ftr-322	326	15	depreciation	depreciation	NOUN
ftr-322	326	16	rules	rule	NOUN
ftr-322	326	17	are	be	AUX
ftr-322	326	18	made	make	VERB
ftr-322	326	19	,	,	PUNCT
ftr-322	326	20	including	include	VERB
ftr-322	326	21	that	that	SCONJ
ftr-322	326	22	neither	neither	CCONJ
ftr-322	326	23	the	the	DET
ftr-322	326	24	mid	mid	NOUN
ftr-322	326	25	-	-	NOUN
ftr-322	326	26	year	year	NOUN
ftr-322	326	27	nor	nor	CCONJ
ftr-322	326	28	mid	mid	ADJ
ftr-322	326	29	-	-	ADJ
ftr-322	326	30	month	month	NOUN
ftr-322	326	31	convention	convention	NOUN
ftr-322	326	32	applies	apply	VERB
ftr-322	326	33	and	and	CCONJ
ftr-322	326	34	useful	useful	ADJ
ftr-322	326	35	lives	life	NOUN
ftr-322	326	36	often	often	ADV
ftr-322	326	37	are	be	AUX
ftr-322	326	38	assumed	assume	VERB
ftr-322	326	39	to	to	PART
ftr-322	326	40	be	be	AUX
ftr-322	326	41	round	round	ADJ
ftr-322	326	42	numbers	number	NOUN
ftr-322	326	43	of	of	ADP
ftr-322	326	44	years	year	NOUN
ftr-322	326	45	.	.	PUNCT
ftr-322	327	1	42	42	NUM
ftr-322	327	2	.	.	PUNCT
ftr-322	328	1	the	the	DET
ftr-322	328	2	accounting	accounting	NOUN
ftr-322	328	3	results	result	NOUN
ftr-322	328	4	and	and	CCONJ
ftr-322	328	5	balance	balance	NOUN
ftr-322	328	6	sheets	sheet	NOUN
ftr-322	328	7	set	set	VERB
ftr-322	328	8	out	out	ADP
ftr-322	328	9	in	in	ADP
ftr-322	328	10	this	this	DET
ftr-322	328	11	paper	paper	NOUN
ftr-322	328	12	follow	follow	VERB
ftr-322	328	13	the	the	DET
ftr-322	328	14	general	general	ADJ
ftr-322	328	15	rules	rule	NOUN
ftr-322	328	16	for	for	ADP
ftr-322	328	17	partnership	partnership	NOUN
ftr-322	328	18	tax	tax	NOUN
ftr-322	328	19	accounting	accounting	NOUN
ftr-322	328	20	,	,	PUNCT
ftr-322	328	21	in	in	ADP
ftr-322	328	22	particular	particular	ADJ
ftr-322	328	23	that	that	SCONJ
ftr-322	328	24	the	the	DET
ftr-322	328	25	partnership‘s	partnership‘s	PROPN
ftr-322	328	26	initial	initial	ADJ
ftr-322	328	27	book	book	NOUN
ftr-322	328	28	accounts	account	NOUN
ftr-322	328	29	initially	initially	ADV
ftr-322	328	30	reflect	reflect	VERB
ftr-322	328	31	the	the	DET
ftr-322	328	32	fair	fair	ADJ
ftr-322	328	33	market	market	NOUN
ftr-322	328	34	value	value	NOUN
ftr-322	328	35	of	of	ADP
ftr-322	328	36	partnership	partnership	NOUN
ftr-322	328	37	property	property	NOUN
ftr-322	328	38	and	and	CCONJ
ftr-322	328	39	are	be	AUX
ftr-322	328	40	adjusted	adjust	VERB
ftr-322	328	41	downward	downward	ADV
ftr-322	328	42	by	by	ADP
ftr-322	328	43	depreciation	depreciation	NOUN
ftr-322	328	44	,	,	PUNCT
ftr-322	328	45	upward	upward	ADV
ftr-322	328	46	by	by	ADP
ftr-322	328	47	expenditures	expenditure	NOUN
ftr-322	328	48	on	on	ADP
ftr-322	328	49	partnership	partnership	NOUN
ftr-322	328	50	property	property	NOUN
ftr-322	328	51	,	,	PUNCT
ftr-322	328	52	and	and	CCONJ
ftr-322	328	53	adjusted	adjust	VERB
ftr-322	328	54	up	up	ADP
ftr-322	328	55	or	or	CCONJ
ftr-322	328	56	down	down	ADV
ftr-322	328	57	on	on	ADP
ftr-322	328	58	disposition	disposition	NOUN
ftr-322	328	59	of	of	ADP
ftr-322	328	60	partnership	partnership	NOUN
ftr-322	328	61	property	property	NOUN
ftr-322	328	62	.	.	PUNCT
ftr-322	329	1	the	the	DET
ftr-322	329	2	partnership‘s	partnership‘s	PROPN
ftr-322	329	3	adjusted	adjust	VERB
ftr-322	329	4	basis	basis	NOUN
ftr-322	329	5	in	in	ADP
ftr-322	329	6	its	its	PRON
ftr-322	329	7	property	property	NOUN
ftr-322	329	8	generally	generally	ADV
ftr-322	329	9	reflects	reflect	VERB
ftr-322	329	10	the	the	DET
ftr-322	329	11	partnership‘s	partnership‘s	PROPN
ftr-322	329	12	cost	cost	NOUN
ftr-322	329	13	or	or	CCONJ
ftr-322	329	14	the	the	DET
ftr-322	329	15	partner‘s	partner‘s	ADJ
ftr-322	329	16	basis	basis	NOUN
ftr-322	329	17	in	in	ADP
ftr-322	329	18	the	the	DET
ftr-322	329	19	case	case	NOUN
ftr-322	329	20	of	of	ADP
ftr-322	329	21	contributed	contribute	VERB
ftr-322	329	22	property	property	NOUN
ftr-322	329	23	,	,	PUNCT
ftr-322	329	24	as	as	SCONJ
ftr-322	329	25	adjusted	adjust	VERB
ftr-322	329	26	by	by	ADP
ftr-322	329	27	depreciation	depreciation	NOUN
ftr-322	329	28	,	,	PUNCT
ftr-322	329	29	expenditures	expenditure	NOUN
ftr-322	329	30	,	,	PUNCT
ftr-322	329	31	and	and	CCONJ
ftr-322	329	32	other	other	ADJ
ftr-322	329	33	items	item	NOUN
ftr-322	329	34	.	.	PUNCT
ftr-322	330	1	the	the	DET
ftr-322	330	2	partners	partner	NOUN
ftr-322	330	3	‘	'	PUNCT
ftr-322	330	4	capital	capital	NOUN
ftr-322	330	5	accounts	account	NOUN
ftr-322	330	6	reflect	reflect	VERB
ftr-322	330	7	the	the	DET
ftr-322	330	8	same	same	ADJ
ftr-322	330	9	principles	principle	NOUN
ftr-322	330	10	.	.	PUNCT
ftr-322	331	1	the	the	DET
ftr-322	331	2	partners	partner	NOUN
ftr-322	331	3	‘	‘	PART
ftr-322	331	4	bases	basis	NOUN
ftr-322	331	5	in	in	ADP
ftr-322	331	6	their	their	PRON
ftr-322	331	7	partnership	partnership	NOUN
ftr-322	331	8	interests	interest	NOUN
ftr-322	331	9	on	on	ADP
ftr-322	331	10	formation	formation	NOUN
ftr-322	331	11	of	of	ADP
ftr-322	331	12	the	the	DET
ftr-322	331	13	partnership	partnership	NOUN
ftr-322	331	14	generally	generally	ADV
ftr-322	331	15	equal	equal	VERB
ftr-322	331	16	the	the	DET
ftr-322	331	17	bases	basis	NOUN
ftr-322	331	18	of	of	ADP
ftr-322	331	19	property	property	NOUN
ftr-322	331	20	contributed	contribute	VERB
ftr-322	331	21	plus	plus	CCONJ
ftr-322	331	22	the	the	DET
ftr-322	331	23	fair	fair	ADJ
ftr-322	331	24	market	market	NOUN
ftr-322	331	25	value	value	NOUN
ftr-322	331	26	of	of	ADP
ftr-322	331	27	services	service	NOUN
ftr-322	331	28	,	,	PUNCT
ftr-322	331	29	if	if	SCONJ
ftr-322	331	30	any	any	PRON
ftr-322	331	31	,	,	PUNCT
ftr-322	331	32	they	they	PRON
ftr-322	331	33	contribute	contribute	VERB
ftr-322	331	34	to	to	ADP
ftr-322	331	35	the	the	DET
ftr-322	331	36	partnership	partnership	NOUN
ftr-322	331	37	.	.	PUNCT
ftr-322	332	1	see	see	VERB
ftr-322	332	2	reg	reg	NOUN
ftr-322	332	3	.	.	PUNCT
ftr-322	333	1	§	§	PROPN
ftr-322	333	2	1.7041(b)(2)(iv)(b	1.7041(b)(2)(iv)(b	PROPN
ftr-322	333	3	)	)	PUNCT
ftr-322	333	4	.	.	PUNCT
ftr-322	334	1	the	the	DET
ftr-322	334	2	accounting	accounting	NOUN
ftr-322	334	3	identity	identity	NOUN
ftr-322	334	4	applicable	applicable	ADJ
ftr-322	334	5	to	to	ADP
ftr-322	334	6	partnership	partnership	NOUN
ftr-322	334	7	balance	balance	NOUN
ftr-322	334	8	sheets	sheet	NOUN
ftr-322	334	9	is	be	AUX
ftr-322	334	10	that	that	SCONJ
ftr-322	334	11	the	the	DET
ftr-322	334	12	partners	partner	NOUN
ftr-322	334	13	‘	'	PUNCT
ftr-322	334	14	net	net	ADJ
ftr-322	334	15	equity	equity	NOUN
ftr-322	334	16	plus	plus	CCONJ
ftr-322	334	17	partnership	partnership	NOUN
ftr-322	334	18	liabilities	liability	NOUN
ftr-322	334	19	equals	equal	VERB
ftr-322	334	20	the	the	DET
ftr-322	334	21	book	book	NOUN
ftr-322	334	22	value	value	NOUN
ftr-322	334	23	of	of	ADP
ftr-322	334	24	partnership	partnership	NOUN
ftr-322	334	25	property	property	NOUN
ftr-322	334	26	.	.	PUNCT
ftr-322	335	1	see	see	VERB
ftr-322	335	2	laura	laura	PROPN
ftr-322	335	3	e.	e.	PROPN
ftr-322	335	4	cunningham	cunningham	PROPN
ftr-322	335	5	&	&	CCONJ
ftr-322	335	6	noel	noel	PROPN
ftr-322	335	7	b.	b.	PROPN
ftr-322	335	8	cunningham	cunningham	PROPN
ftr-322	335	9	,	,	PUNCT
ftr-322	335	10	the	the	DET
ftr-322	335	11	logic	logic	NOUN
ftr-322	335	12	of	of	ADP
ftr-322	335	13	subchapter	subchapter	NOUN
ftr-322	335	14	k	k	PROPN
ftr-322	335	15	,	,	PUNCT
ftr-322	335	16	ch	ch	NOUN
ftr-322	335	17	.	.	PROPN
ftr-322	335	18	4	4	NUM
ftr-322	335	19	(	(	PUNCT
ftr-322	335	20	4th	4th	ADJ
ftr-322	335	21	ed	ed	NOUN
ftr-322	335	22	.	.	PROPN
ftr-322	335	23	2011	2011	NUM
ftr-322	335	24	)	)	PUNCT
ftr-322	335	25	for	for	ADP
ftr-322	335	26	an	an	DET
ftr-322	335	27	explication	explication	NOUN
ftr-322	335	28	of	of	ADP
ftr-322	335	29	partnership	partnership	NOUN
ftr-322	335	30	capital	capital	NOUN
ftr-322	335	31	accounting	accounting	NOUN
ftr-322	335	32	.	.	PUNCT
ftr-322	336	1	2012	2012	NUM
ftr-322	336	2	]	]	PUNCT
ftr-322	336	3	special	special	ADJ
ftr-322	336	4	allocations	allocation	NOUN
ftr-322	336	5	revisited	revisit	VERB
ftr-322	336	6	363	363	NUM
ftr-322	336	7	and	and	CCONJ
ftr-322	336	8	b‘s	b‘s	NOUN
ftr-322	336	9	is	be	AUX
ftr-322	336	10	$	$	SYM
ftr-322	336	11	200	200	NUM
ftr-322	336	12	.	.	PUNCT
ftr-322	337	1	the	the	DET
ftr-322	337	2	adjusted	adjusted	ADJ
ftr-322	337	3	basis	basis	NOUN
ftr-322	337	4	of	of	ADP
ftr-322	337	5	factory	factory	NOUN
ftr-322	337	6	immediately	immediately	ADV
ftr-322	337	7	prior	prior	ADV
ftr-322	337	8	to	to	ADP
ftr-322	337	9	the	the	DET
ftr-322	337	10	sale	sale	NOUN
ftr-322	337	11	is	be	AUX
ftr-322	337	12	$	$	SYM
ftr-322	337	13	850	850	NUM
ftr-322	337	14	,	,	PUNCT
ftr-322	337	15	reflecting	reflect	VERB
ftr-322	337	16	an	an	DET
ftr-322	337	17	additional	additional	ADJ
ftr-322	337	18	two	two	NUM
ftr-322	337	19	years	year	NOUN
ftr-322	337	20	of	of	ADP
ftr-322	337	21	depreciation	depreciation	NOUN
ftr-322	337	22	at	at	ADP
ftr-322	337	23	$	$	SYM
ftr-322	337	24	50	50	NUM
ftr-322	337	25	per	per	ADP
ftr-322	337	26	year	year	NOUN
ftr-322	337	27	,	,	PUNCT
ftr-322	337	28	so	so	ADV
ftr-322	337	29	$	$	SYM
ftr-322	337	30	50	50	NUM
ftr-322	337	31	of	of	ADP
ftr-322	337	32	capital	capital	NOUN
ftr-322	337	33	gain	gain	NOUN
ftr-322	337	34	is	be	AUX
ftr-322	337	35	recognized	recognize	VERB
ftr-322	337	36	on	on	ADP
ftr-322	337	37	the	the	DET
ftr-322	337	38	sale	sale	NOUN
ftr-322	337	39	.	.	PUNCT
ftr-322	338	1	43	43	NUM
ftr-322	338	2	pursuant	pursuant	ADJ
ftr-322	338	3	to	to	ADP
ftr-322	338	4	the	the	DET
ftr-322	338	5	special	special	ADJ
ftr-322	338	6	allocation	allocation	NOUN
ftr-322	338	7	of	of	ADP
ftr-322	338	8	gain	gain	NOUN
ftr-322	338	9	on	on	ADP
ftr-322	338	10	factory	factory	NOUN
ftr-322	338	11	,	,	PUNCT
ftr-322	338	12	the	the	DET
ftr-322	338	13	entire	entire	ADJ
ftr-322	338	14	$	$	SYM
ftr-322	338	15	50	50	NUM
ftr-322	338	16	of	of	ADP
ftr-322	338	17	gain	gain	NOUN
ftr-322	338	18	is	be	AUX
ftr-322	338	19	allocated	allocate	VERB
ftr-322	338	20	to	to	ADP
ftr-322	338	21	a	a	DET
ftr-322	338	22	,	,	PUNCT
ftr-322	338	23	increasing	increase	VERB
ftr-322	338	24	a‘s	a‘s	NOUN
ftr-322	338	25	capital	capital	NOUN
ftr-322	338	26	account	account	VERB
ftr-322	338	27	to	to	ADP
ftr-322	338	28	$	$	SYM
ftr-322	338	29	100	100	NUM
ftr-322	338	30	.	.	PUNCT
ftr-322	339	1	the	the	DET
ftr-322	339	2	special	special	ADJ
ftr-322	339	3	allocation	allocation	NOUN
ftr-322	339	4	continues	continue	VERB
ftr-322	339	5	to	to	PART
ftr-322	339	6	have	have	VERB
ftr-322	339	7	economic	economic	ADJ
ftr-322	339	8	effect	effect	NOUN
ftr-322	339	9	.	.	PUNCT
ftr-322	340	1	on	on	ADP
ftr-322	340	2	sale	sale	NOUN
ftr-322	340	3	of	of	ADP
ftr-322	340	4	factory	factory	NOUN
ftr-322	340	5	,	,	PUNCT
ftr-322	340	6	the	the	DET
ftr-322	340	7	loan	loan	NOUN
ftr-322	340	8	is	be	AUX
ftr-322	340	9	repaid	repay	VERB
ftr-322	340	10	,	,	PUNCT
ftr-322	340	11	leaving	leave	VERB
ftr-322	340	12	$	$	SYM
ftr-322	340	13	300	300	NUM
ftr-322	340	14	in	in	ADP
ftr-322	340	15	partnership	partnership	NOUN
ftr-322	340	16	assets	asset	NOUN
ftr-322	340	17	(	(	PUNCT
ftr-322	340	18	equal	equal	ADJ
ftr-322	340	19	to	to	ADP
ftr-322	340	20	the	the	DET
ftr-322	340	21	$	$	SYM
ftr-322	340	22	200	200	NUM
ftr-322	340	23	initially	initially	ADV
ftr-322	340	24	contributed	contribute	VERB
ftr-322	340	25	plus	plus	CCONJ
ftr-322	340	26	the	the	DET
ftr-322	340	27	$	$	SYM
ftr-322	340	28	100	100	NUM
ftr-322	340	29	excess	excess	NOUN
ftr-322	340	30	of	of	ADP
ftr-322	340	31	amount	amount	NOUN
ftr-322	340	32	realized	realize	VERB
ftr-322	340	33	on	on	ADP
ftr-322	340	34	sale	sale	NOUN
ftr-322	340	35	of	of	ADP
ftr-322	340	36	factory	factory	NOUN
ftr-322	340	37	over	over	ADP
ftr-322	340	38	the	the	DET
ftr-322	340	39	loan	loan	NOUN
ftr-322	340	40	amount	amount	NOUN
ftr-322	340	41	)	)	PUNCT
ftr-322	340	42	.	.	PUNCT
ftr-322	341	1	if	if	SCONJ
ftr-322	341	2	ab	ab	PROPN
ftr-322	341	3	were	be	AUX
ftr-322	341	4	to	to	PART
ftr-322	341	5	liquidate	liquidate	VERB
ftr-322	341	6	,	,	PUNCT
ftr-322	341	7	a	a	PRON
ftr-322	341	8	would	would	AUX
ftr-322	341	9	be	be	AUX
ftr-322	341	10	entitled	entitle	VERB
ftr-322	341	11	to	to	ADP
ftr-322	341	12	$	$	SYM
ftr-322	341	13	100	100	NUM
ftr-322	341	14	in	in	ADP
ftr-322	341	15	a	a	DET
ftr-322	341	16	liquidating	liquidate	VERB
ftr-322	341	17	distribution	distribution	NOUN
ftr-322	341	18	and	and	CCONJ
ftr-322	341	19	b	b	NOUN
ftr-322	341	20	would	would	AUX
ftr-322	341	21	be	be	AUX
ftr-322	341	22	entitled	entitle	VERB
ftr-322	341	23	to	to	ADP
ftr-322	341	24	$	$	SYM
ftr-322	341	25	200	200	NUM
ftr-322	341	26	,	,	PUNCT
ftr-322	341	27	consistent	consistent	ADJ
ftr-322	341	28	with	with	ADP
ftr-322	341	29	their	their	PRON
ftr-322	341	30	capital	capital	NOUN
ftr-322	341	31	account	account	NOUN
ftr-322	341	32	balances	balance	NOUN
ftr-322	341	33	.	.	PUNCT
ftr-322	342	1	finally	finally	ADV
ftr-322	342	2	,	,	PUNCT
ftr-322	342	3	suppose	suppose	VERB
ftr-322	342	4	the	the	DET
ftr-322	342	5	same	same	ADJ
ftr-322	342	6	facts	fact	NOUN
ftr-322	342	7	as	as	ADP
ftr-322	342	8	above	above	ADV
ftr-322	342	9	,	,	PUNCT
ftr-322	342	10	except	except	SCONJ
ftr-322	342	11	that	that	SCONJ
ftr-322	342	12	the	the	DET
ftr-322	342	13	sale	sale	NOUN
ftr-322	342	14	price	price	NOUN
ftr-322	342	15	of	of	ADP
ftr-322	342	16	factory	factory	NOUN
ftr-322	342	17	is	be	AUX
ftr-322	342	18	$	$	SYM
ftr-322	342	19	700	700	NUM
ftr-322	342	20	,	,	PUNCT
ftr-322	342	21	meaning	mean	VERB
ftr-322	342	22	that	that	SCONJ
ftr-322	342	23	ab	ab	PROPN
ftr-322	342	24	realizes	realize	VERB
ftr-322	342	25	a	a	DET
ftr-322	342	26	$	$	SYM
ftr-322	342	27	150	150	NUM
ftr-322	342	28	loss	loss	NOUN
ftr-322	342	29	on	on	ADP
ftr-322	342	30	the	the	DET
ftr-322	342	31	sale	sale	NOUN
ftr-322	342	32	.	.	PUNCT
ftr-322	343	1	the	the	DET
ftr-322	343	2	$	$	SYM
ftr-322	343	3	150	150	NUM
ftr-322	343	4	loss	loss	NOUN
ftr-322	343	5	is	be	AUX
ftr-322	343	6	allocated	allocate	VERB
ftr-322	343	7	equally	equally	ADV
ftr-322	343	8	to	to	ADP
ftr-322	343	9	a	a	PRON
ftr-322	343	10	and	and	CCONJ
ftr-322	343	11	b	b	NOUN
ftr-322	343	12	,	,	PUNCT
ftr-322	343	13	reducing	reduce	VERB
ftr-322	343	14	a‘s	a‘s	PROPN
ftr-322	343	15	capital	capital	NOUN
ftr-322	343	16	account	account	NOUN
ftr-322	343	17	to	to	ADP
ftr-322	343	18	negative	negative	ADJ
ftr-322	343	19	$	$	SYM
ftr-322	343	20	25	25	NUM
ftr-322	343	21	and	and	CCONJ
ftr-322	343	22	b‘s	b‘s	VERB
ftr-322	343	23	to	to	ADP
ftr-322	343	24	$	$	SYM
ftr-322	343	25	125	125	NUM
ftr-322	343	26	.	.	PUNCT
ftr-322	344	1	the	the	DET
ftr-322	344	2	partnership	partnership	NOUN
ftr-322	344	3	has	have	VERB
ftr-322	344	4	$	$	SYM
ftr-322	344	5	900	900	NUM
ftr-322	344	6	of	of	ADP
ftr-322	344	7	cash	cash	NOUN
ftr-322	344	8	following	follow	VERB
ftr-322	344	9	the	the	DET
ftr-322	344	10	sale	sale	NOUN
ftr-322	344	11	,	,	PUNCT
ftr-322	344	12	$	$	SYM
ftr-322	344	13	800	800	NUM
ftr-322	344	14	of	of	ADP
ftr-322	344	15	which	which	PRON
ftr-322	344	16	is	be	AUX
ftr-322	344	17	used	use	VERB
ftr-322	344	18	to	to	PART
ftr-322	344	19	repay	repay	VERB
ftr-322	344	20	the	the	DET
ftr-322	344	21	loan	loan	NOUN
ftr-322	344	22	.	.	PUNCT
ftr-322	345	1	if	if	SCONJ
ftr-322	345	2	ab	ab	PROPN
ftr-322	345	3	were	be	AUX
ftr-322	345	4	to	to	PART
ftr-322	345	5	liquidate	liquidate	VERB
ftr-322	345	6	,	,	PUNCT
ftr-322	345	7	a	a	PRON
ftr-322	345	8	would	would	AUX
ftr-322	345	9	be	be	AUX
ftr-322	345	10	required	require	VERB
ftr-322	345	11	under	under	ADP
ftr-322	345	12	the	the	DET
ftr-322	345	13	dro	dro	PROPN
ftr-322	345	14	to	to	PART
ftr-322	345	15	contribute	contribute	VERB
ftr-322	345	16	$	$	SYM
ftr-322	345	17	25	25	NUM
ftr-322	345	18	to	to	ADP
ftr-322	345	19	ab	ab	PROPN
ftr-322	345	20	,	,	PUNCT
ftr-322	345	21	and	and	CCONJ
ftr-322	345	22	b	b	NOUN
ftr-322	345	23	would	would	AUX
ftr-322	345	24	be	be	AUX
ftr-322	345	25	entitled	entitle	VERB
ftr-322	345	26	to	to	ADP
ftr-322	345	27	a	a	DET
ftr-322	345	28	$	$	SYM
ftr-322	345	29	125	125	NUM
ftr-322	345	30	distribution	distribution	NOUN
ftr-322	345	31	.	.	PUNCT
ftr-322	346	1	again	again	ADV
ftr-322	346	2	,	,	PUNCT
ftr-322	346	3	the	the	DET
ftr-322	346	4	economic	economic	ADJ
ftr-322	346	5	effect	effect	NOUN
ftr-322	346	6	regulations	regulation	NOUN
ftr-322	346	7	are	be	AUX
ftr-322	346	8	satisfied	satisfied	ADJ
ftr-322	346	9	.	.	PUNCT
ftr-322	347	1	b.	b.	PROPN
ftr-322	347	2	substantiality	substantiality	NOUN
ftr-322	347	3	the	the	DET
ftr-322	347	4	substantiality	substantiality	NOUN
ftr-322	347	5	portion	portion	NOUN
ftr-322	347	6	of	of	ADP
ftr-322	347	7	the	the	DET
ftr-322	347	8	see	see	NOUN
ftr-322	347	9	test	test	NOUN
ftr-322	347	10	asks	ask	VERB
ftr-322	347	11	whether	whether	SCONJ
ftr-322	347	12	the	the	DET
ftr-322	347	13	economic	economic	ADJ
ftr-322	347	14	advantage	advantage	NOUN
ftr-322	347	15	of	of	ADP
ftr-322	347	16	an	an	DET
ftr-322	347	17	allocation	allocation	NOUN
ftr-322	347	18	otherwise	otherwise	ADV
ftr-322	347	19	having	have	VERB
ftr-322	347	20	economic	economic	ADJ
ftr-322	347	21	effect	effect	NOUN
ftr-322	347	22	derives	derive	VERB
ftr-322	347	23	principally	principally	ADV
ftr-322	347	24	from	from	ADP
ftr-322	347	25	tax	tax	NOUN
ftr-322	347	26	benefits	benefit	NOUN
ftr-322	347	27	or	or	CCONJ
ftr-322	347	28	reflects	reflect	VERB
ftr-322	347	29	the	the	DET
ftr-322	347	30	transfer	transfer	NOUN
ftr-322	347	31	of	of	ADP
ftr-322	347	32	a	a	DET
ftr-322	347	33	real	real	ADJ
ftr-322	347	34	(	(	PUNCT
ftr-322	347	35	that	that	PRON
ftr-322	347	36	is	is	ADV
ftr-322	347	37	,	,	PUNCT
ftr-322	347	38	non	non	ADJ
ftr-322	347	39	-	-	ADJ
ftr-322	347	40	tax	tax	ADJ
ftr-322	347	41	)	)	PUNCT
ftr-322	347	42	economic	economic	ADJ
ftr-322	347	43	benefit	benefit	NOUN
ftr-322	347	44	and	and	CCONJ
ftr-322	347	45	the	the	DET
ftr-322	347	46	assumption	assumption	NOUN
ftr-322	347	47	(	(	PUNCT
ftr-322	347	48	by	by	ADP
ftr-322	347	49	some	some	DET
ftr-322	347	50	partner	partner	NOUN
ftr-322	347	51	)	)	PUNCT
ftr-322	347	52	of	of	ADP
ftr-322	347	53	a	a	DET
ftr-322	347	54	corresponding	corresponding	ADJ
ftr-322	347	55	burden	burden	NOUN
ftr-322	347	56	.	.	PUNCT
ftr-322	348	1	as	as	SCONJ
ftr-322	348	2	contrasted	contrast	VERB
ftr-322	348	3	with	with	ADP
ftr-322	348	4	the	the	DET
ftr-322	348	5	test	test	NOUN
ftr-322	348	6	for	for	ADP
ftr-322	348	7	economic	economic	ADJ
ftr-322	348	8	effect	effect	NOUN
ftr-322	348	9	,	,	PUNCT
ftr-322	348	10	the	the	DET
ftr-322	348	11	test	test	NOUN
ftr-322	348	12	for	for	ADP
ftr-322	348	13	substantiality	substantiality	NOUN
ftr-322	348	14	focuses	focus	VERB
ftr-322	348	15	on	on	ADP
ftr-322	348	16	the	the	DET
ftr-322	348	17	inherently	inherently	ADV
ftr-322	348	18	less	less	ADV
ftr-322	348	19	definite	definite	ADJ
ftr-322	348	20	concept	concept	NOUN
ftr-322	348	21	of	of	ADP
ftr-322	348	22	undue	undue	ADJ
ftr-322	348	23	tax	tax	NOUN
ftr-322	348	24	reduction	reduction	NOUN
ftr-322	348	25	.	.	PUNCT
ftr-322	349	1	though	though	SCONJ
ftr-322	349	2	somewhat	somewhat	ADV
ftr-322	349	3	involved	involve	VERB
ftr-322	349	4	,	,	PUNCT
ftr-322	349	5	the	the	DET
ftr-322	349	6	test	test	NOUN
ftr-322	349	7	generally	generally	ADV
ftr-322	349	8	involves	involve	VERB
ftr-322	349	9	two	two	NUM
ftr-322	349	10	parts	part	NOUN
ftr-322	349	11	.	.	PUNCT
ftr-322	350	1	first	first	ADV
ftr-322	350	2	,	,	PUNCT
ftr-322	350	3	the	the	DET
ftr-322	350	4	allocation	allocation	NOUN
ftr-322	350	5	must	must	AUX
ftr-322	350	6	pass	pass	VERB
ftr-322	350	7	an	an	DET
ftr-322	350	8	initial	initial	ADJ
ftr-322	350	9	test	test	NOUN
ftr-322	350	10	of	of	ADP
ftr-322	350	11	substantiality	substantiality	NOUN
ftr-322	350	12	,	,	PUNCT
ftr-322	350	13	which	which	PRON
ftr-322	350	14	provides	provide	VERB
ftr-322	350	15	that	that	SCONJ
ftr-322	350	16	an	an	DET
ftr-322	350	17	allocation	allocation	NOUN
ftr-322	350	18	is	be	AUX
ftr-322	350	19	(	(	PUNCT
ftr-322	350	20	provisionally	provisionally	ADV
ftr-322	350	21	)	)	PUNCT
ftr-322	350	22	substantial	substantial	ADJ
ftr-322	350	23	if	if	SCONJ
ftr-322	350	24	it	it	PRON
ftr-322	350	25	―will	―will	AUX
ftr-322	350	26	affect	affect	VERB
ftr-322	350	27	substantially	substantially	ADV
ftr-322	350	28	the	the	DET
ftr-322	350	29	dollar	dollar	NOUN
ftr-322	350	30	amounts	amount	VERB
ftr-322	350	31	to	to	PART
ftr-322	350	32	be	be	AUX
ftr-322	350	33	received	receive	VERB
ftr-322	350	34	by	by	ADP
ftr-322	350	35	the	the	DET
ftr-322	350	36	partners	partner	NOUN
ftr-322	350	37	from	from	ADP
ftr-322	350	38	the	the	DET
ftr-322	350	39	partnership	partnership	NOUN
ftr-322	350	40	,	,	PUNCT
ftr-322	350	41	independent	independent	ADJ
ftr-322	350	42	of	of	ADP
ftr-322	350	43	tax	tax	NOUN
ftr-322	350	44	consequences‖	consequences‖	PROPN
ftr-322	350	45	(	(	PUNCT
ftr-322	350	46	the	the	DET
ftr-322	350	47	―pre	―pre	NOUN
ftr-322	350	48	-	-	NOUN
ftr-322	350	49	tax	tax	NOUN
ftr-322	350	50	test‖	test‖	PROPN
ftr-322	350	51	)	)	PUNCT
ftr-322	350	52	.	.	PUNCT
ftr-322	351	1	44	44	NUM
ftr-322	351	2	second	second	ADJ
ftr-322	351	3	,	,	PUNCT
ftr-322	351	4	and	and	CCONJ
ftr-322	351	5	notwithstanding	notwithstanding	ADP
ftr-322	351	6	its	its	PRON
ftr-322	351	7	satisfaction	satisfaction	NOUN
ftr-322	351	8	of	of	ADP
ftr-322	351	9	the	the	DET
ftr-322	351	10	pre	pre	ADJ
ftr-322	351	11	-	-	ADJ
ftr-322	351	12	tax	tax	ADJ
ftr-322	351	13	test	test	NOUN
ftr-322	351	14	,	,	PUNCT
ftr-322	351	15	if	if	SCONJ
ftr-322	351	16	:	:	PUNCT
ftr-322	351	17	(	(	PUNCT
ftr-322	351	18	1	1	X
ftr-322	351	19	)	)	PUNCT
ftr-322	351	20	the	the	DET
ftr-322	351	21	after	after	ADP
ftr-322	351	22	-	-	PUNCT
ftr-322	351	23	tax	tax	NOUN
ftr-322	351	24	consequences	consequence	NOUN
ftr-322	351	25	(	(	PUNCT
ftr-322	351	26	in	in	ADP
ftr-322	351	27	present	present	ADJ
ftr-322	351	28	value	value	NOUN
ftr-322	351	29	terms	term	NOUN
ftr-322	351	30	)	)	PUNCT
ftr-322	351	31	to	to	ADP
ftr-322	351	32	at	at	ADV
ftr-322	351	33	least	least	ADV
ftr-322	351	34	one	one	NUM
ftr-322	351	35	partner	partner	NOUN
ftr-322	351	36	of	of	ADP
ftr-322	351	37	the	the	DET
ftr-322	351	38	allocation	allocation	NOUN
ftr-322	351	39	are	be	AUX
ftr-322	351	40	enhanced	enhance	VERB
ftr-322	351	41	when	when	SCONJ
ftr-322	351	42	compared	compare	VERB
ftr-322	351	43	with	with	ADP
ftr-322	351	44	the	the	DET
ftr-322	351	45	consequences	consequence	NOUN
ftr-322	351	46	that	that	PRON
ftr-322	351	47	would	would	AUX
ftr-322	351	48	arise	arise	VERB
ftr-322	351	49	in	in	ADP
ftr-322	351	50	the	the	DET
ftr-322	351	51	absence	absence	NOUN
ftr-322	351	52	of	of	ADP
ftr-322	351	53	the	the	DET
ftr-322	351	54	allocation	allocation	NOUN
ftr-322	351	55	,	,	PUNCT
ftr-322	351	56	and	and	CCONJ
ftr-322	351	57	(	(	PUNCT
ftr-322	351	58	2	2	X
ftr-322	351	59	)	)	PUNCT
ftr-322	351	60	there	there	PRON
ftr-322	351	61	is	be	VERB
ftr-322	351	62	a	a	DET
ftr-322	351	63	strong	strong	ADJ
ftr-322	351	64	likelihood	likelihood	NOUN
ftr-322	351	65	that	that	SCONJ
ftr-322	351	66	the	the	DET
ftr-322	351	67	aftertax	aftertax	ADJ
ftr-322	351	68	consequences	consequence	NOUN
ftr-322	351	69	of	of	ADP
ftr-322	351	70	no	no	DET
ftr-322	351	71	partner	partner	NOUN
ftr-322	351	72	will	will	AUX
ftr-322	351	73	,	,	PUNCT
ftr-322	351	74	in	in	ADP
ftr-322	351	75	present	present	ADJ
ftr-322	351	76	value	value	NOUN
ftr-322	351	77	terms	term	NOUN
ftr-322	351	78	,	,	PUNCT
ftr-322	351	79	be	be	AUX
ftr-322	351	80	substantially	substantially	ADV
ftr-322	351	81	diminished	diminish	VERB
ftr-322	351	82	as	as	ADP
ftr-322	351	83	a	a	DET
ftr-322	351	84	result	result	NOUN
ftr-322	351	85	of	of	ADP
ftr-322	351	86	the	the	DET
ftr-322	351	87	allocation	allocation	NOUN
ftr-322	351	88	,	,	PUNCT
ftr-322	351	89	then	then	ADV
ftr-322	351	90	the	the	DET
ftr-322	351	91	allocation	allocation	NOUN
ftr-322	351	92	will	will	AUX
ftr-322	351	93	be	be	AUX
ftr-322	351	94	held	hold	VERB
ftr-322	351	95	to	to	PART
ftr-322	351	96	lack	lack	VERB
ftr-322	351	97	substantiality	substantiality	NOUN
ftr-322	351	98	(	(	PUNCT
ftr-322	351	99	the	the	DET
ftr-322	351	100	―insubstantiality	―insubstantiality	NOUN
ftr-322	351	101	test‖	test‖	PROPN
ftr-322	351	102	)	)	PUNCT
ftr-322	351	103	.	.	PUNCT
ftr-322	352	1	45	45	NUM
ftr-322	352	2	(	(	PUNCT
ftr-322	352	3	in	in	ADP
ftr-322	352	4	addition	addition	NOUN
ftr-322	352	5	,	,	PUNCT
ftr-322	352	6	there	there	PRON
ftr-322	352	7	are	be	VERB
ftr-322	352	8	further	further	ADJ
ftr-322	352	9	sub	sub	NOUN
ftr-322	352	10	-	-	NOUN
ftr-322	352	11	tests	test	NOUN
ftr-322	352	12	of	of	ADP
ftr-322	352	13	insubstantiality	insubstantiality	NOUN
ftr-322	352	14	for	for	ADP
ftr-322	352	15	so	so	ADV
ftr-322	352	16	-	-	PUNCT
ftr-322	352	17	called	call	VERB
ftr-322	352	18	shifting	shifting	NOUN
ftr-322	352	19	and	and	CCONJ
ftr-322	352	20	transitory	transitory	ADJ
ftr-322	352	21	43	43	NUM
ftr-322	352	22	.	.	PUNCT
ftr-322	353	1	see	see	VERB
ftr-322	353	2	i.r.c	i.r.c	NOUN
ftr-322	353	3	.	.	PUNCT
ftr-322	354	1	§	§	PROPN
ftr-322	354	2	1231	1231	NUM
ftr-322	354	3	.	.	PUNCT
ftr-322	355	1	44	44	NUM
ftr-322	355	2	.	.	PUNCT
ftr-322	356	1	reg	reg	PROPN
ftr-322	356	2	.	.	PUNCT
ftr-322	357	1	§	§	PROPN
ftr-322	357	2	1.704	1.704	NUM
ftr-322	357	3	-	-	NUM
ftr-322	357	4	1(b)(2)(iii)(a	1(b)(2)(iii)(a	NUM
ftr-322	357	5	)	)	PUNCT
ftr-322	357	6	(	(	PUNCT
ftr-322	357	7	first	first	ADJ
ftr-322	357	8	sentence	sentence	NOUN
ftr-322	357	9	)	)	PUNCT
ftr-322	357	10	.	.	PUNCT
ftr-322	358	1	45	45	NUM
ftr-322	358	2	.	.	PUNCT
ftr-322	359	1	i	i	PRON
ftr-322	359	2	d.	d.	PROPN
ftr-322	359	3	(	(	PUNCT
ftr-322	359	4	second	second	ADJ
ftr-322	359	5	sentence	sentence	NOUN
ftr-322	359	6	)	)	PUNCT
ftr-322	359	7	.	.	PUNCT
ftr-322	360	1	364	364	NUM
ftr-322	360	2	florida	florida	PROPN
ftr-322	360	3	tax	tax	NOUN
ftr-322	360	4	review	review	NOUN
ftr-322	360	5	[	[	X
ftr-322	360	6	vol	vol	NOUN
ftr-322	360	7	.	.	PUNCT
ftr-322	361	1	13:7	13:7	NUM
ftr-322	361	2	allocations	allocation	NOUN
ftr-322	361	3	.	.	PUNCT
ftr-322	362	1	46	46	NUM
ftr-322	362	2	)	)	PUNCT
ftr-322	362	3	because	because	SCONJ
ftr-322	362	4	such	such	ADJ
ftr-322	362	5	terms	term	NOUN
ftr-322	362	6	as	as	ADP
ftr-322	362	7	―substantial‖	―substantial‖	PROPN
ftr-322	362	8	and	and	CCONJ
ftr-322	362	9	―strong	―strong	PROPN
ftr-322	362	10	likelihood‖	likelihood‖	ADV
ftr-322	362	11	are	be	AUX
ftr-322	362	12	imprecise	imprecise	ADJ
ftr-322	362	13	and	and	CCONJ
ftr-322	362	14	to	to	ADP
ftr-322	362	15	some	some	DET
ftr-322	362	16	extent	extent	NOUN
ftr-322	362	17	context	context	NOUN
ftr-322	362	18	-	-	PUNCT
ftr-322	362	19	dependent	dependent	ADJ
ftr-322	362	20	,	,	PUNCT
ftr-322	362	21	in	in	ADP
ftr-322	362	22	many	many	ADJ
ftr-322	362	23	cases	case	NOUN
ftr-322	362	24	it	it	PRON
ftr-322	362	25	is	be	AUX
ftr-322	362	26	not	not	PART
ftr-322	362	27	possible	possible	ADJ
ftr-322	362	28	to	to	PART
ftr-322	362	29	know	know	VERB
ftr-322	362	30	with	with	ADP
ftr-322	362	31	certainty	certainty	NOUN
ftr-322	362	32	whether	whether	SCONJ
ftr-322	362	33	an	an	DET
ftr-322	362	34	allocation	allocation	NOUN
ftr-322	362	35	lacks	lack	VERB
ftr-322	362	36	substantiality	substantiality	NOUN
ftr-322	362	37	.	.	PUNCT
ftr-322	363	1	47	47	NUM
ftr-322	363	2	the	the	DET
ftr-322	363	3	special	special	ADJ
ftr-322	363	4	allocation	allocation	NOUN
ftr-322	363	5	in	in	ADP
ftr-322	363	6	example	example	NOUN
ftr-322	363	7	1	1	NUM
ftr-322	363	8	unambiguously	unambiguously	ADV
ftr-322	363	9	qualifies	qualify	VERB
ftr-322	363	10	as	as	ADP
ftr-322	363	11	substantial	substantial	ADJ
ftr-322	363	12	in	in	ADP
ftr-322	363	13	light	light	NOUN
ftr-322	363	14	of	of	ADP
ftr-322	363	15	the	the	DET
ftr-322	363	16	presumption	presumption	NOUN
ftr-322	363	17	in	in	ADP
ftr-322	363	18	the	the	DET
ftr-322	363	19	special	special	ADJ
ftr-322	363	20	allocation	allocation	NOUN
ftr-322	363	21	regulations	regulation	NOUN
ftr-322	363	22	that	that	PRON
ftr-322	363	23	value	value	NOUN
ftr-322	363	24	equals	equal	VERB
ftr-322	363	25	book	book	NOUN
ftr-322	363	26	basis	basis	NOUN
ftr-322	363	27	.	.	PUNCT
ftr-322	364	1	48	48	NUM
ftr-322	364	2	specifically	specifically	ADV
ftr-322	364	3	,	,	PUNCT
ftr-322	364	4	it	it	PRON
ftr-322	364	5	satisfies	satisfy	VERB
ftr-322	364	6	the	the	DET
ftr-322	364	7	pre	pre	ADJ
ftr-322	364	8	-	-	ADJ
ftr-322	364	9	tax	tax	ADJ
ftr-322	364	10	test	test	NOUN
ftr-322	364	11	because	because	SCONJ
ftr-322	364	12	,	,	PUNCT
ftr-322	364	13	without	without	ADP
ftr-322	364	14	regard	regard	NOUN
ftr-322	364	15	to	to	ADP
ftr-322	364	16	tax	tax	NOUN
ftr-322	364	17	consequences	consequence	NOUN
ftr-322	364	18	,	,	PUNCT
ftr-322	364	19	it	it	PRON
ftr-322	364	20	reduces	reduce	VERB
ftr-322	364	21	the	the	DET
ftr-322	364	22	dollar	dollar	NOUN
ftr-322	364	23	value	value	NOUN
ftr-322	364	24	a	a	PRON
ftr-322	364	25	will	will	AUX
ftr-322	364	26	receive	receive	VERB
ftr-322	364	27	from	from	ADP
ftr-322	364	28	the	the	DET
ftr-322	364	29	partnership	partnership	NOUN
ftr-322	364	30	on	on	ADP
ftr-322	364	31	liquidation	liquidation	NOUN
ftr-322	364	32	,	,	PUNCT
ftr-322	364	33	since	since	SCONJ
ftr-322	364	34	a‘s	a‘s	PROPN
ftr-322	364	35	capital	capital	NOUN
ftr-322	364	36	account	account	NOUN
ftr-322	364	37	is	be	AUX
ftr-322	364	38	adjusted	adjust	VERB
ftr-322	364	39	downward	downward	ADJ
ftr-322	364	40	dollar	dollar	NOUN
ftr-322	364	41	-	-	PUNCT
ftr-322	364	42	for	for	ADP
ftr-322	364	43	-	-	PUNCT
ftr-322	364	44	dollar	dollar	NOUN
ftr-322	364	45	by	by	ADP
ftr-322	364	46	depreciation	depreciation	NOUN
ftr-322	364	47	.	.	PUNCT
ftr-322	365	1	under	under	ADP
ftr-322	365	2	the	the	DET
ftr-322	365	3	valueequals	valueequals	NOUN
ftr-322	365	4	-	-	PUNCT
ftr-322	365	5	book	book	NOUN
ftr-322	365	6	presumption	presumption	NOUN
ftr-322	365	7	,	,	PUNCT
ftr-322	365	8	amounts	amount	NOUN
ftr-322	365	9	subtracted	subtract	VERB
ftr-322	365	10	from	from	ADP
ftr-322	365	11	a‘s	a‘s	PROPN
ftr-322	365	12	capital	capital	NOUN
ftr-322	365	13	account	account	NOUN
ftr-322	365	14	because	because	SCONJ
ftr-322	365	15	of	of	ADP
ftr-322	365	16	depreciation	depreciation	NOUN
ftr-322	365	17	are	be	AUX
ftr-322	365	18	not	not	PART
ftr-322	365	19	expected	expect	VERB
ftr-322	365	20	to	to	PART
ftr-322	365	21	be	be	AUX
ftr-322	365	22	restored	restore	VERB
ftr-322	365	23	on	on	ADP
ftr-322	365	24	later	later	ADJ
ftr-322	365	25	disposition	disposition	NOUN
ftr-322	365	26	of	of	ADP
ftr-322	365	27	factory	factory	NOUN
ftr-322	365	28	.	.	PUNCT
ftr-322	366	1	in	in	ADP
ftr-322	366	2	addition	addition	NOUN
ftr-322	366	3	,	,	PUNCT
ftr-322	366	4	the	the	DET
ftr-322	366	5	allocation	allocation	NOUN
ftr-322	366	6	does	do	AUX
ftr-322	366	7	not	not	PART
ftr-322	366	8	satisfy	satisfy	VERB
ftr-322	366	9	the	the	DET
ftr-322	366	10	insubstantiality	insubstantiality	NOUN
ftr-322	366	11	test	test	NOUN
ftr-322	366	12	because	because	SCONJ
ftr-322	366	13	it	it	PRON
ftr-322	366	14	reduces	reduce	VERB
ftr-322	366	15	the	the	DET
ftr-322	366	16	after	after	ADP
ftr-322	366	17	-	-	PUNCT
ftr-322	366	18	tax	tax	NOUN
ftr-322	366	19	value	value	NOUN
ftr-322	366	20	of	of	ADP
ftr-322	366	21	a‘s	a‘s	NOUN
ftr-322	366	22	interest	interest	NOUN
ftr-322	366	23	in	in	ADP
ftr-322	366	24	the	the	DET
ftr-322	366	25	partnership	partnership	NOUN
ftr-322	366	26	by	by	ADP
ftr-322	366	27	the	the	DET
ftr-322	366	28	after	after	ADP
ftr-322	366	29	-	-	PUNCT
ftr-322	366	30	tax	tax	NOUN
ftr-322	366	31	cost	cost	NOUN
ftr-322	366	32	of	of	ADP
ftr-322	366	33	an	an	DET
ftr-322	366	34	annual	annual	ADJ
ftr-322	366	35	$	$	SYM
ftr-322	366	36	25	25	NUM
ftr-322	366	37	reduction	reduction	NOUN
ftr-322	366	38	in	in	ADP
ftr-322	366	39	a‘s	a‘s	PROPN
ftr-322	366	40	capital	capital	NOUN
ftr-322	366	41	account	account	NOUN
ftr-322	366	42	and	and	CCONJ
ftr-322	366	43	increases	increase	VERB
ftr-322	366	44	b‘s	b‘s	PROPN
ftr-322	366	45	capital	capital	NOUN
ftr-322	366	46	account	account	NOUN
ftr-322	366	47	by	by	ADP
ftr-322	366	48	the	the	DET
ftr-322	366	49	same	same	ADJ
ftr-322	366	50	amount	amount	NOUN
ftr-322	366	51	(	(	PUNCT
ftr-322	366	52	subject	subject	ADJ
ftr-322	366	53	to	to	ADP
ftr-322	366	54	differences	difference	NOUN
ftr-322	366	55	in	in	ADP
ftr-322	366	56	their	their	PRON
ftr-322	366	57	marginal	marginal	ADJ
ftr-322	366	58	rates	rate	NOUN
ftr-322	366	59	)	)	PUNCT
ftr-322	366	60	.	.	PUNCT
ftr-322	367	1	it	it	PRON
ftr-322	367	2	therefore	therefore	ADV
ftr-322	367	3	is	be	AUX
ftr-322	367	4	not	not	PART
ftr-322	367	5	―insubstantial.‖	―insubstantial.‖	ADJ
ftr-322	367	6	other	other	ADJ
ftr-322	367	7	special	special	ADJ
ftr-322	367	8	allocations	allocation	NOUN
ftr-322	367	9	,	,	PUNCT
ftr-322	367	10	however	however	ADV
ftr-322	367	11	,	,	PUNCT
ftr-322	367	12	are	be	AUX
ftr-322	367	13	more	more	ADV
ftr-322	367	14	problematic	problematic	ADJ
ftr-322	367	15	.	.	PUNCT
ftr-322	368	1	as	as	SCONJ
ftr-322	368	2	contrasted	contrast	VERB
ftr-322	368	3	with	with	ADP
ftr-322	368	4	the	the	DET
ftr-322	368	5	allocation	allocation	NOUN
ftr-322	368	6	in	in	ADP
ftr-322	368	7	example	example	NOUN
ftr-322	368	8	1	1	NUM
ftr-322	368	9	,	,	PUNCT
ftr-322	368	10	for	for	ADP
ftr-322	368	11	most	most	ADJ
ftr-322	368	12	of	of	ADP
ftr-322	368	13	them	they	PRON
ftr-322	368	14	the	the	DET
ftr-322	368	15	decisive	decisive	ADJ
ftr-322	368	16	factor	factor	NOUN
ftr-322	368	17	in	in	ADP
ftr-322	368	18	determining	determine	VERB
ftr-322	368	19	see	see	NOUN
ftr-322	368	20	will	will	AUX
ftr-322	368	21	be	be	AUX
ftr-322	368	22	the	the	DET
ftr-322	368	23	second	second	ADJ
ftr-322	368	24	prong	prong	NOUN
ftr-322	368	25	of	of	ADP
ftr-322	368	26	the	the	DET
ftr-322	368	27	insubstantiality	insubstantiality	NOUN
ftr-322	368	28	test	test	NOUN
ftr-322	368	29	,	,	PUNCT
ftr-322	368	30	since	since	SCONJ
ftr-322	368	31	nearly	nearly	ADV
ftr-322	368	32	any	any	PRON
ftr-322	368	33	allocation	allocation	NOUN
ftr-322	368	34	that	that	PRON
ftr-322	368	35	plausibly	plausibly	ADV
ftr-322	368	36	passes	pass	VERB
ftr-322	368	37	muster	muster	NOUN
ftr-322	368	38	will	will	AUX
ftr-322	368	39	satisfy	satisfy	VERB
ftr-322	368	40	the	the	DET
ftr-322	368	41	pre	pre	ADJ
ftr-322	368	42	-	-	ADJ
ftr-322	368	43	tax	tax	ADJ
ftr-322	368	44	test	test	NOUN
ftr-322	368	45	but	but	CCONJ
ftr-322	368	46	also	also	ADV
ftr-322	368	47	will	will	AUX
ftr-322	368	48	improve	improve	VERB
ftr-322	368	49	the	the	DET
ftr-322	368	50	after	after	ADP
ftr-322	368	51	-	-	PUNCT
ftr-322	368	52	tax	tax	NOUN
ftr-322	368	53	consequences	consequence	NOUN
ftr-322	368	54	to	to	ADP
ftr-322	368	55	at	at	ADV
ftr-322	368	56	least	least	ADV
ftr-322	368	57	one	one	NUM
ftr-322	368	58	partner	partner	NOUN
ftr-322	368	59	.	.	PUNCT
ftr-322	369	1	49	49	NUM
ftr-322	369	2	in	in	ADP
ftr-322	369	3	those	those	DET
ftr-322	369	4	circumstances	circumstance	NOUN
ftr-322	369	5	,	,	PUNCT
ftr-322	369	6	the	the	DET
ftr-322	369	7	question	question	NOUN
ftr-322	369	8	becomes	become	VERB
ftr-322	369	9	whether	whether	SCONJ
ftr-322	369	10	anyone	anyone	PRON
ftr-322	369	11	bears	bear	VERB
ftr-322	369	12	a	a	DET
ftr-322	369	13	sufficient	sufficient	ADJ
ftr-322	369	14	risk	risk	NOUN
ftr-322	369	15	of	of	ADP
ftr-322	369	16	a	a	DET
ftr-322	369	17	large	large	ADJ
ftr-322	369	18	enough	enough	ADJ
ftr-322	369	19	after	after	ADP
ftr-322	369	20	-	-	PUNCT
ftr-322	369	21	tax	tax	NOUN
ftr-322	369	22	cost	cost	NOUN
ftr-322	369	23	from	from	ADP
ftr-322	369	24	the	the	DET
ftr-322	369	25	improvement	improvement	NOUN
ftr-322	369	26	of	of	ADP
ftr-322	369	27	a	a	DET
ftr-322	369	28	partner‘s	partner‘s	ADJ
ftr-322	369	29	after	after	ADP
ftr-322	369	30	-	-	PUNCT
ftr-322	369	31	tax	tax	NOUN
ftr-322	369	32	position	position	NOUN
ftr-322	369	33	.	.	PUNCT
ftr-322	370	1	if	if	SCONJ
ftr-322	370	2	so	so	ADV
ftr-322	370	3	,	,	PUNCT
ftr-322	370	4	then	then	ADV
ftr-322	370	5	the	the	DET
ftr-322	370	6	allocation	allocation	NOUN
ftr-322	370	7	may	may	AUX
ftr-322	370	8	well	well	ADV
ftr-322	370	9	be	be	AUX
ftr-322	370	10	substantial	substantial	ADJ
ftr-322	370	11	;	;	PUNCT
ftr-322	370	12	if	if	SCONJ
ftr-322	370	13	not	not	PART
ftr-322	370	14	,	,	PUNCT
ftr-322	370	15	it	it	PRON
ftr-322	370	16	is	be	AUX
ftr-322	370	17	likely	likely	ADJ
ftr-322	370	18	not	not	PART
ftr-322	370	19	substantial	substantial	ADJ
ftr-322	370	20	.	.	PUNCT
ftr-322	371	1	gregg	gregg	PROPN
ftr-322	371	2	polsky	polsky	PROPN
ftr-322	371	3	provides	provide	VERB
ftr-322	371	4	an	an	DET
ftr-322	371	5	illustrative	illustrative	ADJ
ftr-322	371	6	example	example	NOUN
ftr-322	371	7	,	,	PUNCT
ftr-322	371	8	50	50	NUM
ftr-322	371	9	modified	modify	VERB
ftr-322	371	10	from	from	ADP
ftr-322	371	11	the	the	DET
ftr-322	371	12	special	special	ADJ
ftr-322	371	13	allocation	allocation	NOUN
ftr-322	371	14	regulations	regulation	NOUN
ftr-322	371	15	.	.	PUNCT
ftr-322	372	1	51	51	NUM
ftr-322	372	2	in	in	ADP
ftr-322	372	3	polsky‘s	polsky‘s	ADJ
ftr-322	372	4	example	example	NOUN
ftr-322	372	5	,	,	PUNCT
ftr-322	372	6	h	h	NOUN
ftr-322	372	7	and	and	CCONJ
ftr-322	372	8	l	l	PROPN
ftr-322	372	9	form	form	NOUN
ftr-322	372	10	an	an	DET
ftr-322	372	11	equal	equal	ADJ
ftr-322	372	12	partnership	partnership	NOUN
ftr-322	372	13	that	that	PRON
ftr-322	372	14	is	be	AUX
ftr-322	372	15	expected	expect	VERB
ftr-322	372	16	to	to	PART
ftr-322	372	17	generate	generate	VERB
ftr-322	372	18	between	between	ADP
ftr-322	372	19	$	$	SYM
ftr-322	372	20	450	450	NUM
ftr-322	372	21	and	and	CCONJ
ftr-322	372	22	$	$	SYM
ftr-322	372	23	550	550	NUM
ftr-322	372	24	of	of	ADP
ftr-322	372	25	taxable	taxable	ADJ
ftr-322	372	26	income	income	NOUN
ftr-322	372	27	and	and	CCONJ
ftr-322	372	28	of	of	ADP
ftr-322	372	29	tax	tax	NOUN
ftr-322	372	30	-	-	PUNCT
ftr-322	372	31	exempt	exempt	ADJ
ftr-322	372	32	income	income	NOUN
ftr-322	372	33	each	each	DET
ftr-322	372	34	year	year	NOUN
ftr-322	372	35	.	.	PUNCT
ftr-322	373	1	h	h	PROPN
ftr-322	373	2	is	be	AUX
ftr-322	373	3	subject	subject	ADJ
ftr-322	373	4	to	to	ADP
ftr-322	373	5	a	a	DET
ftr-322	373	6	marginal	marginal	ADJ
ftr-322	373	7	tax	tax	NOUN
ftr-322	373	8	rate	rate	NOUN
ftr-322	373	9	of	of	ADP
ftr-322	373	10	50	50	NUM
ftr-322	373	11	percent	percent	NOUN
ftr-322	373	12	,	,	PUNCT
ftr-322	373	13	while	while	SCONJ
ftr-322	373	14	l‘s	l‘s	ADJ
ftr-322	373	15	rate	rate	NOUN
ftr-322	373	16	is	be	AUX
ftr-322	373	17	15	15	NUM
ftr-322	373	18	percent	percent	NOUN
ftr-322	373	19	.	.	PUNCT
ftr-322	374	1	the	the	DET
ftr-322	374	2	partners	partner	NOUN
ftr-322	374	3	allocate	allocate	VERB
ftr-322	374	4	84	84	NUM
ftr-322	374	5	percent	percent	NOUN
ftr-322	374	6	of	of	ADP
ftr-322	374	7	the	the	DET
ftr-322	374	8	tax	tax	NOUN
ftr-322	374	9	-	-	PUNCT
ftr-322	374	10	exempt	exempt	ADJ
ftr-322	374	11	income	income	NOUN
ftr-322	374	12	to	to	ADP
ftr-322	374	13	h	h	NOUN
ftr-322	374	14	and	and	CCONJ
ftr-322	374	15	all	all	DET
ftr-322	374	16	other	other	ADJ
ftr-322	374	17	income	income	NOUN
ftr-322	374	18	to	to	ADP
ftr-322	374	19	l	l	NOUN
ftr-322	374	20	(	(	PUNCT
ftr-322	374	21	in	in	ADP
ftr-322	374	22	each	each	DET
ftr-322	374	23	case	case	NOUN
ftr-322	374	24	,	,	PUNCT
ftr-322	374	25	whatever	whatever	PRON
ftr-322	374	26	those	those	DET
ftr-322	374	27	income	income	NOUN
ftr-322	374	28	amounts	amount	NOUN
ftr-322	374	29	happen	happen	VERB
ftr-322	374	30	to	to	PART
ftr-322	374	31	be	be	AUX
ftr-322	374	32	)	)	PUNCT
ftr-322	374	33	.	.	PUNCT
ftr-322	375	1	other	other	ADJ
ftr-322	375	2	partnership	partnership	NOUN
ftr-322	375	3	items	item	NOUN
ftr-322	375	4	are	be	AUX
ftr-322	375	5	allocated	allocate	VERB
ftr-322	375	6	equally	equally	ADV
ftr-322	375	7	.	.	PUNCT
ftr-322	376	1	polsky	polsky	PROPN
ftr-322	376	2	notes	note	VERB
ftr-322	376	3	that	that	SCONJ
ftr-322	376	4	this	this	PRON
ftr-322	376	5	is	be	AUX
ftr-322	376	6	a	a	DET
ftr-322	376	7	relatively	relatively	ADV
ftr-322	376	8	easy	easy	ADJ
ftr-322	376	9	case	case	NOUN
ftr-322	376	10	in	in	ADP
ftr-322	376	11	which	which	PRON
ftr-322	376	12	to	to	PART
ftr-322	376	13	conclude	conclude	VERB
ftr-322	376	14	the	the	DET
ftr-322	376	15	allocation	allocation	NOUN
ftr-322	376	16	lacks	lack	VERB
ftr-322	376	17	substantiality	substantiality	NOUN
ftr-322	376	18	.	.	PUNCT
ftr-322	377	1	as	as	SCONJ
ftr-322	377	2	compared	compare	VERB
ftr-322	377	3	with	with	ADP
ftr-322	377	4	an	an	DET
ftr-322	377	5	equal	equal	ADJ
ftr-322	377	6	allocation	allocation	NOUN
ftr-322	377	7	of	of	ADP
ftr-322	377	8	the	the	DET
ftr-322	377	9	two	two	NUM
ftr-322	377	10	types	type	NOUN
ftr-322	377	11	of	of	ADP
ftr-322	377	12	income	income	NOUN
ftr-322	377	13	,	,	PUNCT
ftr-322	377	14	the	the	DET
ftr-322	377	15	worst	bad	ADJ
ftr-322	377	16	case	case	NOUN
ftr-322	377	17	for	for	ADP
ftr-322	377	18	h	h	NOUN
ftr-322	377	19	(	(	PUNCT
ftr-322	377	20	$	$	SYM
ftr-322	377	21	450	450	NUM
ftr-322	377	22	tax	tax	NOUN
ftr-322	377	23	-	-	PUNCT
ftr-322	377	24	exempt	exempt	ADJ
ftr-322	377	25	income	income	NOUN
ftr-322	377	26	and	and	CCONJ
ftr-322	377	27	$	$	SYM
ftr-322	377	28	550	550	NUM
ftr-322	377	29	taxable	taxable	ADJ
ftr-322	377	30	income	income	NOUN
ftr-322	377	31	)	)	PUNCT
ftr-322	377	32	yields	yield	VERB
ftr-322	377	33	h	h	VERB
ftr-322	378	1	$	$	SYM
ftr-322	378	2	378	378	NUM
ftr-322	378	3	of	of	ADP
ftr-322	378	4	after	after	ADP
ftr-322	378	5	-	-	PUNCT
ftr-322	378	6	tax	tax	NOUN
ftr-322	378	7	income	income	NOUN
ftr-322	378	8	(=	(=	NOUN
ftr-322	378	9	0.84*$450	0.84*$450	X
ftr-322	378	10	)	)	PUNCT
ftr-322	378	11	under	under	ADP
ftr-322	378	12	the	the	DET
ftr-322	378	13	special	special	ADJ
ftr-322	378	14	allocation	allocation	NOUN
ftr-322	378	15	as	as	SCONJ
ftr-322	378	16	compared	compare	VERB
ftr-322	378	17	to	to	ADP
ftr-322	378	18	$	$	SYM
ftr-322	378	19	362.50	362.50	NUM
ftr-322	378	20	of	of	ADP
ftr-322	378	21	after	after	ADP
ftr-322	378	22	-	-	PUNCT
ftr-322	378	23	tax	tax	NOUN
ftr-322	378	24	46	46	NUM
ftr-322	378	25	.	.	PUNCT
ftr-322	379	1	reg	reg	NOUN
ftr-322	379	2	.	.	PUNCT
ftr-322	380	1	§	§	PROPN
ftr-322	380	2	1.704	1.704	NUM
ftr-322	380	3	-	-	NUM
ftr-322	380	4	1(b)(2)(iii)(c	1(b)(2)(iii)(c	NUM
ftr-322	380	5	)	)	PUNCT
ftr-322	380	6	,	,	PUNCT
ftr-322	380	7	(	(	PUNCT
ftr-322	380	8	d	d	X
ftr-322	380	9	)	)	PUNCT
ftr-322	380	10	47	47	NUM
ftr-322	380	11	.	.	PUNCT
ftr-322	381	1	see	see	VERB
ftr-322	381	2	,	,	PUNCT
ftr-322	381	3	e.g.	e.g.	ADV
ftr-322	381	4	,	,	PUNCT
ftr-322	381	5	polsky	polsky	NOUN
ftr-322	381	6	,	,	PUNCT
ftr-322	381	7	tax	tax	NOUN
ftr-322	381	8	-	-	PUNCT
ftr-322	381	9	driven	drive	VERB
ftr-322	381	10	allocations	allocation	NOUN
ftr-322	381	11	,	,	PUNCT
ftr-322	381	12	supra	supra	PROPN
ftr-322	381	13	note	note	NOUN
ftr-322	381	14	9	9	NUM
ftr-322	381	15	,	,	PUNCT
ftr-322	381	16	at	at	ADP
ftr-322	381	17	103–04	103–04	NUM
ftr-322	381	18	.	.	PUNCT
ftr-322	382	1	48	48	NUM
ftr-322	382	2	.	.	PUNCT
ftr-322	383	1	reg	reg	NOUN
ftr-322	383	2	.	.	PUNCT
ftr-322	384	1	§	§	PROPN
ftr-322	384	2	1.704	1.704	NUM
ftr-322	384	3	-	-	NUM
ftr-322	384	4	1(b)(2)(iii)(c	1(b)(2)(iii)(c	NUM
ftr-322	384	5	)	)	PUNCT
ftr-322	384	6	(	(	PUNCT
ftr-322	384	7	flush	flush	ADJ
ftr-322	384	8	language	language	NOUN
ftr-322	384	9	)	)	PUNCT
ftr-322	384	10	.	.	PUNCT
ftr-322	385	1	49	49	NUM
ftr-322	385	2	.	.	PUNCT
ftr-322	386	1	polsky	polsky	NOUN
ftr-322	386	2	,	,	PUNCT
ftr-322	386	3	tax	tax	NOUN
ftr-322	386	4	-	-	PUNCT
ftr-322	386	5	driven	drive	VERB
ftr-322	386	6	allocations	allocation	NOUN
ftr-322	386	7	,	,	PUNCT
ftr-322	386	8	supra	supra	PROPN
ftr-322	386	9	note	note	NOUN
ftr-322	386	10	9	9	NUM
ftr-322	386	11	,	,	PUNCT
ftr-322	386	12	at	at	ADP
ftr-322	386	13	101	101	NUM
ftr-322	386	14	&	&	CCONJ
ftr-322	386	15	n.24	n.24	PROPN
ftr-322	386	16	.	.	PROPN
ftr-322	386	17	50	50	NUM
ftr-322	386	18	.	.	PUNCT
ftr-322	387	1	i	i	PRON
ftr-322	387	2	d.	d.	PROPN
ftr-322	387	3	at	at	ADP
ftr-322	387	4	101	101	NUM
ftr-322	387	5	.	.	PUNCT
ftr-322	388	1	51	51	NUM
ftr-322	388	2	.	.	PUNCT
ftr-322	389	1	reg	reg	NOUN
ftr-322	389	2	.	.	PUNCT
ftr-322	390	1	§	§	PROPN
ftr-322	390	2	1.704	1.704	NUM
ftr-322	390	3	-	-	NUM
ftr-322	390	4	1(b)(5	1(b)(5	NUM
ftr-322	390	5	)	)	PUNCT
ftr-322	390	6	ex	ex	NOUN
ftr-322	390	7	.	.	NOUN
ftr-322	390	8	5	5	NUM
ftr-322	390	9	.	.	NUM
ftr-322	390	10	2012	2012	NUM
ftr-322	390	11	]	]	PUNCT
ftr-322	390	12	special	special	ADJ
ftr-322	390	13	allocations	allocation	NOUN
ftr-322	390	14	revisited	revisit	VERB
ftr-322	390	15	365	365	NUM
ftr-322	390	16	income	income	NOUN
ftr-322	390	17	(=	(=	NOUN
ftr-322	391	1	0.5*$450	0.5*$450	PROPN
ftr-322	391	2	+	+	CCONJ
ftr-322	391	3	0.5*$550	0.5*$550	PROPN
ftr-322	391	4	*	*	SYM
ftr-322	391	5	0.5	0.5	NUM
ftr-322	391	6	)	)	PUNCT
ftr-322	391	7	under	under	ADP
ftr-322	391	8	an	an	DET
ftr-322	391	9	equal	equal	ADJ
ftr-322	391	10	division	division	NOUN
ftr-322	391	11	.	.	PUNCT
ftr-322	392	1	therefore	therefore	ADV
ftr-322	392	2	the	the	DET
ftr-322	392	3	first	first	ADJ
ftr-322	392	4	prong	prong	NOUN
ftr-322	392	5	of	of	ADP
ftr-322	392	6	the	the	DET
ftr-322	392	7	insubstantiality	insubstantiality	NOUN
ftr-322	392	8	test	test	NOUN
ftr-322	392	9	is	be	AUX
ftr-322	392	10	satisfied	satisfied	ADJ
ftr-322	392	11	.	.	PUNCT
ftr-322	393	1	the	the	DET
ftr-322	393	2	second	second	ADJ
ftr-322	393	3	prong	prong	NOUN
ftr-322	393	4	also	also	ADV
ftr-322	393	5	is	be	AUX
ftr-322	393	6	satisfied	satisfied	ADJ
ftr-322	393	7	,	,	PUNCT
ftr-322	393	8	because	because	SCONJ
ftr-322	393	9	in	in	ADP
ftr-322	393	10	the	the	DET
ftr-322	393	11	worst	bad	ADJ
ftr-322	393	12	case	case	NOUN
ftr-322	393	13	for	for	ADP
ftr-322	393	14	l	l	NOUN
ftr-322	393	15	(	(	PUNCT
ftr-322	393	16	$	$	SYM
ftr-322	393	17	450	450	NUM
ftr-322	393	18	taxable	taxable	ADJ
ftr-322	393	19	income	income	NOUN
ftr-322	393	20	and	and	CCONJ
ftr-322	393	21	$	$	SYM
ftr-322	393	22	550	550	NUM
ftr-322	393	23	taxexempt	taxexempt	ADJ
ftr-322	393	24	income	income	NOUN
ftr-322	393	25	)	)	PUNCT
ftr-322	393	26	,	,	PUNCT
ftr-322	393	27	under	under	ADP
ftr-322	393	28	the	the	DET
ftr-322	393	29	special	special	ADJ
ftr-322	393	30	allocation	allocation	NOUN
ftr-322	393	31	,	,	PUNCT
ftr-322	393	32	l	l	NOUN
ftr-322	393	33	receives	receive	VERB
ftr-322	393	34	$	$	SYM
ftr-322	393	35	470.50	470.50	NUM
ftr-322	393	36	(=	(=	NOUN
ftr-322	393	37	$	$	SYM
ftr-322	393	38	450	450	NUM
ftr-322	393	39	*	*	NUM
ftr-322	393	40	0.85	0.85	NUM
ftr-322	393	41	+	+	CCONJ
ftr-322	393	42	0.16*$550	0.16*$550	NUM
ftr-322	393	43	)	)	PUNCT
ftr-322	393	44	,	,	PUNCT
ftr-322	393	45	while	while	SCONJ
ftr-322	393	46	under	under	ADP
ftr-322	393	47	an	an	DET
ftr-322	393	48	equal	equal	ADJ
ftr-322	393	49	allocation	allocation	NOUN
ftr-322	393	50	,	,	PUNCT
ftr-322	393	51	l	l	PROPN
ftr-322	393	52	would	would	AUX
ftr-322	393	53	receive	receive	VERB
ftr-322	393	54	$	$	SYM
ftr-322	393	55	466.25	466.25	NUM
ftr-322	393	56	(=	(=	NOUN
ftr-322	394	1	0.5*$450	0.5*$450	NUM
ftr-322	394	2	*	*	SYM
ftr-322	394	3	0.85	0.85	NUM
ftr-322	395	1	+	+	CCONJ
ftr-322	395	2	0.5*$550	0.5*$550	PROPN
ftr-322	395	3	)	)	PUNCT
ftr-322	395	4	.	.	PUNCT
ftr-322	396	1	the	the	DET
ftr-322	396	2	example	example	NOUN
ftr-322	396	3	is	be	AUX
ftr-322	396	4	useful	useful	ADJ
ftr-322	396	5	because	because	SCONJ
ftr-322	396	6	it	it	PRON
ftr-322	396	7	illustrates	illustrate	VERB
ftr-322	396	8	both	both	PRON
ftr-322	396	9	the	the	DET
ftr-322	396	10	problem	problem	NOUN
ftr-322	396	11	that	that	PRON
ftr-322	396	12	treasury	treasury	PROPN
ftr-322	396	13	faces	face	VERB
ftr-322	396	14	in	in	ADP
ftr-322	396	15	dealing	deal	VERB
ftr-322	396	16	with	with	ADP
ftr-322	396	17	special	special	ADJ
ftr-322	396	18	allocations	allocation	NOUN
ftr-322	396	19	and	and	CCONJ
ftr-322	396	20	the	the	DET
ftr-322	396	21	factors	factor	NOUN
ftr-322	396	22	on	on	ADP
ftr-322	396	23	which	which	PRON
ftr-322	396	24	the	the	DET
ftr-322	396	25	partners	partner	NOUN
ftr-322	396	26	need	need	VERB
ftr-322	396	27	to	to	PART
ftr-322	396	28	focus	focus	VERB
ftr-322	396	29	in	in	ADP
ftr-322	396	30	order	order	NOUN
ftr-322	396	31	to	to	PART
ftr-322	396	32	increase	increase	VERB
ftr-322	396	33	the	the	DET
ftr-322	396	34	probability	probability	NOUN
ftr-322	396	35	that	that	SCONJ
ftr-322	396	36	a	a	DET
ftr-322	396	37	taxmotivated	taxmotivated	ADJ
ftr-322	396	38	special	special	ADJ
ftr-322	396	39	allocation	allocation	NOUN
ftr-322	396	40	nonetheless	nonetheless	ADV
ftr-322	396	41	will	will	AUX
ftr-322	396	42	be	be	AUX
ftr-322	396	43	respected	respect	VERB
ftr-322	396	44	under	under	ADP
ftr-322	396	45	the	the	DET
ftr-322	396	46	special	special	ADJ
ftr-322	396	47	allocation	allocation	NOUN
ftr-322	396	48	regulations	regulation	NOUN
ftr-322	396	49	.	.	PUNCT
ftr-322	397	1	as	as	SCONJ
ftr-322	397	2	polsky	polsky	PROPN
ftr-322	397	3	notes	note	NOUN
ftr-322	397	4	,	,	PUNCT
ftr-322	397	5	the	the	DET
ftr-322	397	6	effect	effect	NOUN
ftr-322	397	7	of	of	ADP
ftr-322	397	8	the	the	DET
ftr-322	397	9	allocation	allocation	NOUN
ftr-322	397	10	in	in	ADP
ftr-322	397	11	his	his	PRON
ftr-322	397	12	example	example	NOUN
ftr-322	397	13	is	be	AUX
ftr-322	397	14	a	a	DET
ftr-322	397	15	sale	sale	NOUN
ftr-322	397	16	of	of	ADP
ftr-322	397	17	l‘s	l‘s	ADJ
ftr-322	397	18	low	low	ADJ
ftr-322	397	19	tax	tax	NOUN
ftr-322	397	20	rate	rate	NOUN
ftr-322	397	21	to	to	ADP
ftr-322	397	22	h.	h.	PROPN
ftr-322	397	23	the	the	DET
ftr-322	397	24	reason	reason	NOUN
ftr-322	397	25	the	the	DET
ftr-322	397	26	allocation	allocation	NOUN
ftr-322	397	27	fails	fail	VERB
ftr-322	397	28	,	,	PUNCT
ftr-322	397	29	however	however	ADV
ftr-322	397	30	,	,	PUNCT
ftr-322	397	31	is	be	AUX
ftr-322	397	32	not	not	PART
ftr-322	397	33	simply	simply	ADV
ftr-322	397	34	that	that	SCONJ
ftr-322	397	35	such	such	DET
ftr-322	397	36	a	a	DET
ftr-322	397	37	sale	sale	NOUN
ftr-322	397	38	occurs	occur	VERB
ftr-322	397	39	,	,	PUNCT
ftr-322	397	40	but	but	CCONJ
ftr-322	397	41	that	that	SCONJ
ftr-322	397	42	there	there	PRON
ftr-322	397	43	is	be	VERB
ftr-322	397	44	no	no	DET
ftr-322	397	45	scenario	scenario	NOUN
ftr-322	397	46	under	under	ADP
ftr-322	397	47	which	which	PRON
ftr-322	397	48	a	a	DET
ftr-322	397	49	net	net	ADJ
ftr-322	397	50	tax	tax	NOUN
ftr-322	397	51	savings	saving	NOUN
ftr-322	397	52	is	be	AUX
ftr-322	397	53	sufficiently	sufficiently	ADV
ftr-322	397	54	offset	offset	VERB
ftr-322	397	55	by	by	ADP
ftr-322	397	56	an	an	DET
ftr-322	397	57	after	after	ADP
ftr-322	397	58	-	-	PUNCT
ftr-322	397	59	tax	tax	NOUN
ftr-322	397	60	loss	loss	NOUN
ftr-322	397	61	for	for	ADP
ftr-322	397	62	either	either	DET
ftr-322	397	63	partner	partner	NOUN
ftr-322	397	64	to	to	PART
ftr-322	397	65	conclude	conclude	VERB
ftr-322	397	66	that	that	SCONJ
ftr-322	397	67	the	the	DET
ftr-322	397	68	risk	risk	NOUN
ftr-322	397	69	of	of	ADP
ftr-322	397	70	such	such	DET
ftr-322	397	71	a	a	DET
ftr-322	397	72	loss	loss	NOUN
ftr-322	397	73	is	be	AUX
ftr-322	397	74	―substantial.‖	―substantial.‖	X
ftr-322	397	75	52	52	NUM
ftr-322	397	76	in	in	ADP
ftr-322	397	77	other	other	ADJ
ftr-322	397	78	words	word	NOUN
ftr-322	397	79	,	,	PUNCT
ftr-322	397	80	the	the	DET
ftr-322	397	81	allocation	allocation	NOUN
ftr-322	397	82	results	result	VERB
ftr-322	397	83	in	in	ADP
ftr-322	397	84	a	a	DET
ftr-322	397	85	net	net	ADJ
ftr-322	397	86	transfer	transfer	NOUN
ftr-322	397	87	from	from	ADP
ftr-322	397	88	treasury	treasury	PROPN
ftr-322	397	89	to	to	ADP
ftr-322	397	90	each	each	DET
ftr-322	397	91	partner	partner	NOUN
ftr-322	397	92	under	under	ADP
ftr-322	397	93	all	all	DET
ftr-322	397	94	scenarios	scenario	NOUN
ftr-322	397	95	.	.	PUNCT
ftr-322	398	1	where	where	SCONJ
ftr-322	398	2	the	the	DET
ftr-322	398	3	prospect	prospect	NOUN
ftr-322	398	4	of	of	ADP
ftr-322	398	5	an	an	DET
ftr-322	398	6	overall	overall	ADJ
ftr-322	398	7	loss	loss	NOUN
ftr-322	398	8	for	for	ADP
ftr-322	398	9	any	any	DET
ftr-322	398	10	partner	partner	NOUN
ftr-322	398	11	is	be	AUX
ftr-322	398	12	absent	absent	ADJ
ftr-322	398	13	,	,	PUNCT
ftr-322	398	14	the	the	DET
ftr-322	398	15	capacity	capacity	NOUN
ftr-322	398	16	for	for	ADP
ftr-322	398	17	arm‘s	arm‘s	NOUN
ftr-322	398	18	-	-	PUNCT
ftr-322	398	19	length	length	NOUN
ftr-322	398	20	negotiations	negotiation	NOUN
ftr-322	398	21	to	to	PART
ftr-322	398	22	control	control	VERB
ftr-322	398	23	the	the	DET
ftr-322	398	24	abuse	abuse	NOUN
ftr-322	398	25	of	of	ADP
ftr-322	398	26	tax	tax	NOUN
ftr-322	398	27	benefits	benefit	NOUN
ftr-322	398	28	is	be	AUX
ftr-322	398	29	removed	remove	VERB
ftr-322	398	30	,	,	PUNCT
ftr-322	398	31	and	and	CCONJ
ftr-322	398	32	it	it	PRON
ftr-322	398	33	is	be	AUX
ftr-322	398	34	safe	safe	ADJ
ftr-322	398	35	to	to	PART
ftr-322	398	36	conclude	conclude	VERB
ftr-322	398	37	that	that	SCONJ
ftr-322	398	38	the	the	DET
ftr-322	398	39	parties	party	NOUN
ftr-322	398	40	will	will	AUX
ftr-322	398	41	cooperate	cooperate	VERB
ftr-322	398	42	to	to	PART
ftr-322	398	43	reap	reap	VERB
ftr-322	398	44	a	a	DET
ftr-322	398	45	payment	payment	NOUN
ftr-322	398	46	from	from	ADP
ftr-322	398	47	treasury	treasury	PROPN
ftr-322	398	48	that	that	PRON
ftr-322	398	49	would	would	AUX
ftr-322	398	50	be	be	AUX
ftr-322	398	51	unavailable	unavailable	ADJ
ftr-322	398	52	to	to	ADP
ftr-322	398	53	them	they	PRON
ftr-322	398	54	if	if	SCONJ
ftr-322	398	55	they	they	PRON
ftr-322	398	56	were	be	AUX
ftr-322	398	57	acting	act	VERB
ftr-322	398	58	individually	individually	ADV
ftr-322	398	59	.	.	PUNCT
ftr-322	399	1	53	53	NUM
ftr-322	399	2	the	the	DET
ftr-322	399	3	analysis	analysis	NOUN
ftr-322	399	4	indicates	indicate	VERB
ftr-322	399	5	that	that	SCONJ
ftr-322	399	6	the	the	DET
ftr-322	399	7	principal	principal	ADJ
ftr-322	399	8	question	question	NOUN
ftr-322	399	9	for	for	ADP
ftr-322	399	10	the	the	DET
ftr-322	399	11	partners	partner	NOUN
ftr-322	399	12	is	be	AUX
ftr-322	399	13	how	how	SCONJ
ftr-322	399	14	far	far	ADV
ftr-322	399	15	they	they	PRON
ftr-322	399	16	need	need	VERB
ftr-322	399	17	to	to	PART
ftr-322	399	18	go	go	VERB
ftr-322	399	19	in	in	ADP
ftr-322	399	20	ensuring	ensure	VERB
ftr-322	399	21	that	that	SCONJ
ftr-322	399	22	at	at	ADV
ftr-322	399	23	least	least	ADJ
ftr-322	399	24	one	one	NUM
ftr-322	399	25	of	of	ADP
ftr-322	399	26	them	they	PRON
ftr-322	399	27	risks	risk	VERB
ftr-322	399	28	being	be	AUX
ftr-322	399	29	enough	enough	ADV
ftr-322	399	30	worse	bad	ADJ
ftr-322	399	31	off	off	ADP
ftr-322	399	32	on	on	ADP
ftr-322	399	33	an	an	DET
ftr-322	399	34	after	after	ADP
ftr-322	399	35	-	-	PUNCT
ftr-322	399	36	tax	tax	NOUN
ftr-322	399	37	basis	basis	NOUN
ftr-322	399	38	under	under	ADP
ftr-322	399	39	some	some	DET
ftr-322	399	40	possible	possible	ADJ
ftr-322	399	41	outcomes	outcome	NOUN
ftr-322	399	42	in	in	ADP
ftr-322	399	43	order	order	NOUN
ftr-322	399	44	for	for	ADP
ftr-322	399	45	what	what	PRON
ftr-322	399	46	amounts	amount	VERB
ftr-322	399	47	to	to	ADP
ftr-322	399	48	a	a	DET
ftr-322	399	49	sale	sale	NOUN
ftr-322	399	50	of	of	ADP
ftr-322	399	51	tax	tax	NOUN
ftr-322	399	52	attributes	attribute	NOUN
ftr-322	399	53	on	on	ADP
ftr-322	399	54	an	an	DET
ftr-322	399	55	expected	expect	VERB
ftr-322	399	56	value	value	NOUN
ftr-322	399	57	basis	basis	NOUN
ftr-322	399	58	to	to	PART
ftr-322	399	59	be	be	AUX
ftr-322	399	60	respected	respect	VERB
ftr-322	399	61	.	.	PUNCT
ftr-322	400	1	note	note	NOUN
ftr-322	400	2	,	,	PUNCT
ftr-322	400	3	however	however	ADV
ftr-322	400	4	,	,	PUNCT
ftr-322	400	5	that	that	SCONJ
ftr-322	400	6	this	this	DET
ftr-322	400	7	inquiry	inquiry	NOUN
ftr-322	400	8	is	be	AUX
ftr-322	400	9	not	not	PART
ftr-322	400	10	what	what	PRON
ftr-322	400	11	congress	congress	PROPN
ftr-322	400	12	intended	intend	VERB
ftr-322	400	13	by	by	ADP
ftr-322	400	14	the	the	DET
ftr-322	400	15	statutory	statutory	ADJ
ftr-322	400	16	requirement	requirement	NOUN
ftr-322	400	17	of	of	ADP
ftr-322	400	18	―substantial	―substantial	ADJ
ftr-322	400	19	economic	economic	ADJ
ftr-322	400	20	effect.‖	effect.‖	NOUN
ftr-322	400	21	congress‘s	congress‘s	NOUN
ftr-322	400	22	object	object	NOUN
ftr-322	400	23	was	be	AUX
ftr-322	400	24	not	not	PART
ftr-322	400	25	to	to	PART
ftr-322	400	26	authorize	authorize	VERB
ftr-322	400	27	tax	tax	NOUN
ftr-322	400	28	-	-	PUNCT
ftr-322	400	29	motivated	motivate	VERB
ftr-322	400	30	allocations	allocation	NOUN
ftr-322	400	31	as	as	ADV
ftr-322	400	32	long	long	ADV
ftr-322	400	33	as	as	SCONJ
ftr-322	400	34	they	they	PRON
ftr-322	400	35	incorporated	incorporate	VERB
ftr-322	400	36	a	a	DET
ftr-322	400	37	substantial	substantial	ADJ
ftr-322	400	38	enough	enough	ADJ
ftr-322	400	39	risk	risk	NOUN
ftr-322	400	40	of	of	ADP
ftr-322	400	41	an	an	DET
ftr-322	400	42	after	after	ADP
ftr-322	400	43	-	-	PUNCT
ftr-322	400	44	tax	tax	NOUN
ftr-322	400	45	loss	loss	NOUN
ftr-322	400	46	in	in	ADP
ftr-322	400	47	some	some	DET
ftr-322	400	48	cases	case	NOUN
ftr-322	400	49	,	,	PUNCT
ftr-322	400	50	but	but	CCONJ
ftr-322	400	51	to	to	PART
ftr-322	400	52	authorize	authorize	VERB
ftr-322	400	53	non	non	ADJ
ftr-322	400	54	-	-	ADJ
ftr-322	400	55	tax	tax	ADJ
ftr-322	400	56	-	-	PUNCT
ftr-322	400	57	motivated	motivate	VERB
ftr-322	400	58	allocations	allocation	NOUN
ftr-322	400	59	even	even	ADV
ftr-322	400	60	if	if	SCONJ
ftr-322	400	61	,	,	PUNCT
ftr-322	400	62	in	in	ADP
ftr-322	400	63	some	some	DET
ftr-322	400	64	cases	case	NOUN
ftr-322	400	65	,	,	PUNCT
ftr-322	400	66	they	they	PRON
ftr-322	400	67	also	also	ADV
ftr-322	400	68	would	would	AUX
ftr-322	400	69	carry	carry	VERB
ftr-322	400	70	an	an	DET
ftr-322	400	71	expected	expect	VERB
ftr-322	400	72	tax	tax	NOUN
ftr-322	400	73	benefit	benefit	NOUN
ftr-322	400	74	.	.	PUNCT
ftr-322	401	1	as	as	SCONJ
ftr-322	401	2	the	the	DET
ftr-322	401	3	legislative	legislative	ADJ
ftr-322	401	4	history	history	NOUN
ftr-322	401	5	to	to	ADP
ftr-322	401	6	the	the	DET
ftr-322	401	7	current	current	ADJ
ftr-322	401	8	version	version	NOUN
ftr-322	401	9	of	of	ADP
ftr-322	401	10	section	section	NOUN
ftr-322	401	11	704(b	704(b	PROPN
ftr-322	401	12	)	)	PUNCT
ftr-322	401	13	states	state	NOUN
ftr-322	401	14	:	:	PUNCT
ftr-322	401	15	―[the	―[the	DET
ftr-322	401	16	amendment	amendment	NOUN
ftr-322	401	17	seeks	seek	VERB
ftr-322	401	18	]	]	PUNCT
ftr-322	401	19	to	to	PART
ftr-322	401	20	prevent	prevent	VERB
ftr-322	401	21	the	the	DET
ftr-322	401	22	use	use	NOUN
ftr-322	401	23	of	of	ADP
ftr-322	401	24	special	special	ADJ
ftr-322	401	25	allocations	allocation	NOUN
ftr-322	401	26	for	for	ADP
ftr-322	401	27	tax	tax	NOUN
ftr-322	401	28	avoidance	avoidance	NOUN
ftr-322	401	29	purposes	purpose	NOUN
ftr-322	401	30	,	,	PUNCT
ftr-322	401	31	while	while	SCONJ
ftr-322	401	32	allowing	allow	VERB
ftr-322	401	33	their	their	PRON
ftr-322	401	34	use	use	NOUN
ftr-322	401	35	for	for	ADP
ftr-322	401	36	bona	bona	ADJ
ftr-322	401	37	fide	fide	ADJ
ftr-322	401	38	business	business	NOUN
ftr-322	401	39	purposes.‖	purposes.‖	NOUN
ftr-322	401	40	54	54	NUM
ftr-322	401	41	an	an	DET
ftr-322	401	42	approach	approach	NOUN
ftr-322	401	43	that	that	PRON
ftr-322	401	44	focuses	focus	VERB
ftr-322	401	45	on	on	ADP
ftr-322	401	46	the	the	DET
ftr-322	401	47	substantial	substantial	ADJ
ftr-322	401	48	enough	enough	ADJ
ftr-322	401	49	possibility	possibility	NOUN
ftr-322	401	50	of	of	ADP
ftr-322	401	51	a	a	DET
ftr-322	401	52	meaningful	meaningful	ADJ
ftr-322	401	53	after	after	ADP
ftr-322	401	54	-	-	PUNCT
ftr-322	401	55	tax	tax	NOUN
ftr-322	401	56	loss	loss	NOUN
ftr-322	401	57	is	be	AUX
ftr-322	401	58	a	a	DET
ftr-322	401	59	poor	poor	ADJ
ftr-322	401	60	way	way	NOUN
ftr-322	401	61	to	to	PART
ftr-322	401	62	operationalize	operationalize	VERB
ftr-322	401	63	congressional	congressional	ADJ
ftr-322	401	64	intent	intent	NOUN
ftr-322	401	65	.	.	PUNCT
ftr-322	402	1	under	under	ADP
ftr-322	402	2	the	the	DET
ftr-322	402	3	approach	approach	NOUN
ftr-322	402	4	,	,	PUNCT
ftr-322	402	5	the	the	DET
ftr-322	402	6	economic	economic	ADJ
ftr-322	402	7	value	value	NOUN
ftr-322	402	8	of	of	ADP
ftr-322	402	9	a	a	DET
ftr-322	402	10	tax	tax	NOUN
ftr-322	402	11	-	-	PUNCT
ftr-322	402	12	motivated	motivate	VERB
ftr-322	402	13	allocation	allocation	NOUN
ftr-322	402	14	is	be	AUX
ftr-322	402	15	measured	measure	VERB
ftr-322	402	16	on	on	ADP
ftr-322	402	17	an	an	DET
ftr-322	402	18	ex	ex	NOUN
ftr-322	402	19	ante	ante	NOUN
ftr-322	402	20	basis	basis	NOUN
ftr-322	402	21	(	(	PUNCT
ftr-322	402	22	discounted	discount	VERB
ftr-322	402	23	by	by	ADP
ftr-322	402	24	52	52	NUM
ftr-322	402	25	.	.	PUNCT
ftr-322	403	1	polsky	polsky	NOUN
ftr-322	403	2	,	,	PUNCT
ftr-322	403	3	tax	tax	NOUN
ftr-322	403	4	-	-	PUNCT
ftr-322	403	5	driven	drive	VERB
ftr-322	403	6	allocations	allocation	NOUN
ftr-322	403	7	,	,	PUNCT
ftr-322	403	8	supra	supra	PROPN
ftr-322	403	9	note	note	NOUN
ftr-322	403	10	9	9	NUM
ftr-322	403	11	,	,	PUNCT
ftr-322	403	12	at	at	ADP
ftr-322	403	13	102	102	NUM
ftr-322	403	14	.	.	PUNCT
ftr-322	404	1	53	53	NUM
ftr-322	404	2	.	.	PUNCT
ftr-322	404	3	compare	compare	NOUN
ftr-322	404	4	section	section	NOUN
ftr-322	404	5	1060	1060	NUM
ftr-322	404	6	,	,	PUNCT
ftr-322	404	7	which	which	PRON
ftr-322	404	8	relies	rely	VERB
ftr-322	404	9	on	on	ADP
ftr-322	404	10	the	the	DET
ftr-322	404	11	adverse	adverse	ADJ
ftr-322	404	12	tax	tax	NOUN
ftr-322	404	13	positions	position	NOUN
ftr-322	404	14	of	of	ADP
ftr-322	404	15	the	the	DET
ftr-322	404	16	parties	party	NOUN
ftr-322	404	17	to	to	ADP
ftr-322	404	18	a	a	DET
ftr-322	404	19	purchase	purchase	NOUN
ftr-322	404	20	and	and	CCONJ
ftr-322	404	21	sale	sale	NOUN
ftr-322	404	22	transaction	transaction	NOUN
ftr-322	404	23	to	to	PART
ftr-322	404	24	ensure	ensure	VERB
ftr-322	404	25	proper	proper	ADJ
ftr-322	404	26	allocation	allocation	NOUN
ftr-322	404	27	of	of	ADP
ftr-322	404	28	the	the	DET
ftr-322	404	29	purchase	purchase	NOUN
ftr-322	404	30	price	price	NOUN
ftr-322	404	31	among	among	ADP
ftr-322	404	32	the	the	DET
ftr-322	404	33	items	item	NOUN
ftr-322	404	34	sold	sell	VERB
ftr-322	404	35	.	.	PUNCT
ftr-322	405	1	54	54	NUM
ftr-322	405	2	.	.	X
ftr-322	406	1	s.rep	s.rep	NOUN
ftr-322	406	2	.	.	PUNCT
ftr-322	407	1	no	no	INTJ
ftr-322	407	2	.	.	NOUN
ftr-322	408	1	94	94	NUM
ftr-322	408	2	-	-	SYM
ftr-322	408	3	938	938	NUM
ftr-322	408	4	,	,	PUNCT
ftr-322	408	5	pt	pt	X
ftr-322	408	6	.	.	PROPN
ftr-322	408	7	1	1	NUM
ftr-322	408	8	,	,	PUNCT
ftr-322	408	9	at	at	ADP
ftr-322	408	10	100	100	NUM
ftr-322	408	11	(	(	PUNCT
ftr-322	408	12	1976	1976	NUM
ftr-322	408	13	)	)	PUNCT
ftr-322	408	14	,	,	PUNCT
ftr-322	408	15	reprinted	reprint	VERB
ftr-322	408	16	in	in	ADP
ftr-322	408	17	1976	1976	NUM
ftr-322	408	18	u.s.c.c.a.n	u.s.c.c.a.n	PROPN
ftr-322	408	19	.	.	PUNCT
ftr-322	408	20	3438	3438	NUM
ftr-322	408	21	,	,	PUNCT
ftr-322	408	22	3536	3536	NUM
ftr-322	408	23	.	.	PUNCT
ftr-322	409	1	366	366	NUM
ftr-322	409	2	florida	florida	PROPN
ftr-322	409	3	tax	tax	NOUN
ftr-322	409	4	review	review	NOUN
ftr-322	409	5	[	[	X
ftr-322	409	6	vol	vol	NOUN
ftr-322	409	7	.	.	PUNCT
ftr-322	410	1	13:7	13:7	NUM
ftr-322	410	2	the	the	DET
ftr-322	410	3	risk	risk	NOUN
ftr-322	410	4	premium	premium	NOUN
ftr-322	410	5	associated	associate	VERB
ftr-322	410	6	with	with	ADP
ftr-322	410	7	uncertain	uncertain	ADJ
ftr-322	410	8	outcomes	outcome	NOUN
ftr-322	410	9	in	in	ADP
ftr-322	410	10	particular	particular	ADJ
ftr-322	410	11	cases	case	NOUN
ftr-322	410	12	)	)	PUNCT
ftr-322	410	13	,	,	PUNCT
ftr-322	410	14	while	while	SCONJ
ftr-322	410	15	the	the	DET
ftr-322	410	16	test	test	NOUN
ftr-322	410	17	for	for	ADP
ftr-322	410	18	insubstantiality	insubstantiality	NOUN
ftr-322	410	19	is	be	AUX
ftr-322	410	20	applied	apply	VERB
ftr-322	410	21	ex	ex	PRON
ftr-322	410	22	post	post	NOUN
ftr-322	410	23	.	.	PROPN
ftr-322	410	24	55	55	NUM
ftr-322	410	25	that	that	PRON
ftr-322	410	26	is	be	AUX
ftr-322	410	27	,	,	PUNCT
ftr-322	410	28	the	the	DET
ftr-322	410	29	inquiry	inquiry	NOUN
ftr-322	410	30	into	into	ADP
ftr-322	410	31	whether	whether	SCONJ
ftr-322	410	32	there	there	PRON
ftr-322	410	33	exists	exist	VERB
ftr-322	410	34	the	the	DET
ftr-322	410	35	requisite	requisite	ADJ
ftr-322	410	36	likelihood	likelihood	NOUN
ftr-322	410	37	that	that	SCONJ
ftr-322	410	38	a	a	DET
ftr-322	410	39	partner	partner	NOUN
ftr-322	410	40	will	will	AUX
ftr-322	410	41	be	be	AUX
ftr-322	410	42	worse	bad	ADJ
ftr-322	410	43	off	off	ADP
ftr-322	410	44	focuses	focus	VERB
ftr-322	410	45	on	on	ADP
ftr-322	410	46	the	the	DET
ftr-322	410	47	chances	chance	NOUN
ftr-322	410	48	in	in	ADP
ftr-322	410	49	any	any	DET
ftr-322	410	50	given	give	VERB
ftr-322	410	51	situation	situation	NOUN
ftr-322	410	52	of	of	ADP
ftr-322	410	53	an	an	DET
ftr-322	410	54	unfavorable	unfavorable	ADJ
ftr-322	410	55	after	after	ADP
ftr-322	410	56	-	-	PUNCT
ftr-322	410	57	tax	tax	NOUN
ftr-322	410	58	outcome	outcome	NOUN
ftr-322	410	59	,	,	PUNCT
ftr-322	410	60	not	not	PART
ftr-322	410	61	on	on	ADP
ftr-322	410	62	the	the	DET
ftr-322	410	63	expected	expect	VERB
ftr-322	410	64	tax	tax	NOUN
ftr-322	410	65	value	value	NOUN
ftr-322	410	66	of	of	ADP
ftr-322	410	67	the	the	DET
ftr-322	410	68	special	special	ADJ
ftr-322	410	69	allocation	allocation	NOUN
ftr-322	410	70	in	in	ADP
ftr-322	410	71	the	the	DET
ftr-322	410	72	long	long	ADJ
ftr-322	410	73	run	run	NOUN
ftr-322	410	74	.	.	PUNCT
ftr-322	411	1	therefore	therefore	ADV
ftr-322	411	2	,	,	PUNCT
ftr-322	411	3	as	as	ADV
ftr-322	411	4	long	long	ADV
ftr-322	411	5	as	as	SCONJ
ftr-322	411	6	it	it	PRON
ftr-322	411	7	is	be	AUX
ftr-322	411	8	reasonable	reasonable	ADJ
ftr-322	411	9	to	to	PART
ftr-322	411	10	conclude	conclude	VERB
ftr-322	411	11	that	that	SCONJ
ftr-322	411	12	tax	tax	NOUN
ftr-322	411	13	-	-	PUNCT
ftr-322	411	14	motivated	motivate	VERB
ftr-322	411	15	allocations	allocation	NOUN
ftr-322	411	16	having	have	VERB
ftr-322	411	17	a	a	DET
ftr-322	411	18	positive	positive	ADJ
ftr-322	411	19	expected	expect	VERB
ftr-322	411	20	value	value	NOUN
ftr-322	411	21	are	be	AUX
ftr-322	411	22	sufficiently	sufficiently	ADV
ftr-322	411	23	likely	likely	ADJ
ftr-322	411	24	to	to	PART
ftr-322	411	25	cause	cause	VERB
ftr-322	411	26	a	a	DET
ftr-322	411	27	sufficiently	sufficiently	ADV
ftr-322	411	28	adverse	adverse	ADJ
ftr-322	411	29	result	result	NOUN
ftr-322	411	30	to	to	ADP
ftr-322	411	31	a	a	DET
ftr-322	411	32	partner	partner	NOUN
ftr-322	411	33	in	in	ADP
ftr-322	411	34	any	any	DET
ftr-322	411	35	given	give	VERB
ftr-322	411	36	case	case	NOUN
ftr-322	411	37	,	,	PUNCT
ftr-322	411	38	one	one	PRON
ftr-322	411	39	can	can	AUX
ftr-322	411	40	expect	expect	VERB
ftr-322	411	41	them	they	PRON
ftr-322	411	42	to	to	PART
ftr-322	411	43	arise	arise	VERB
ftr-322	411	44	.	.	PUNCT
ftr-322	412	1	these	these	DET
ftr-322	412	2	considerations	consideration	NOUN
ftr-322	412	3	suggest	suggest	VERB
ftr-322	412	4	that	that	SCONJ
ftr-322	412	5	special	special	ADJ
ftr-322	412	6	allocations	allocation	NOUN
ftr-322	412	7	generally	generally	ADV
ftr-322	412	8	ought	ought	AUX
ftr-322	412	9	to	to	PART
ftr-322	412	10	be	be	AUX
ftr-322	412	11	much	much	ADV
ftr-322	412	12	more	more	ADV
ftr-322	412	13	tightly	tightly	ADV
ftr-322	412	14	controlled	control	VERB
ftr-322	412	15	,	,	PUNCT
ftr-322	412	16	if	if	SCONJ
ftr-322	412	17	they	they	PRON
ftr-322	412	18	are	be	AUX
ftr-322	412	19	to	to	PART
ftr-322	412	20	be	be	AUX
ftr-322	412	21	permitted	permit	VERB
ftr-322	412	22	at	at	ADV
ftr-322	412	23	all	all	ADV
ftr-322	412	24	.	.	PUNCT
ftr-322	413	1	as	as	ADV
ftr-322	413	2	long	long	ADV
ftr-322	413	3	as	as	SCONJ
ftr-322	413	4	special	special	ADJ
ftr-322	413	5	allocations	allocation	NOUN
ftr-322	413	6	can	can	AUX
ftr-322	413	7	be	be	AUX
ftr-322	413	8	accounted	account	VERB
ftr-322	413	9	for	for	ADP
ftr-322	413	10	outside	outside	NOUN
ftr-322	413	11	of	of	ADP
ftr-322	413	12	the	the	DET
ftr-322	413	13	partnership	partnership	NOUN
ftr-322	413	14	itself	itself	PRON
ftr-322	413	15	—	—	PUNCT
ftr-322	413	16	so	so	SCONJ
ftr-322	413	17	that	that	SCONJ
ftr-322	413	18	opportunities	opportunity	NOUN
ftr-322	413	19	for	for	ADP
ftr-322	413	20	character	character	NOUN
ftr-322	413	21	assignment	assignment	NOUN
ftr-322	413	22	generally	generally	ADV
ftr-322	413	23	remain	remain	VERB
ftr-322	413	24	unavailable	unavailable	ADJ
ftr-322	413	25	—	—	PUNCT
ftr-322	413	26	there	there	PRON
ftr-322	413	27	does	do	AUX
ftr-322	413	28	not	not	PART
ftr-322	413	29	appear	appear	VERB
ftr-322	413	30	to	to	PART
ftr-322	413	31	be	be	AUX
ftr-322	413	32	much	much	ADJ
ftr-322	413	33	basis	basis	NOUN
ftr-322	413	34	to	to	PART
ftr-322	413	35	tolerate	tolerate	VERB
ftr-322	413	36	them	they	PRON
ftr-322	413	37	as	as	ADP
ftr-322	413	38	partnershiplevel	partnershiplevel	NOUN
ftr-322	413	39	arrangements	arrangement	NOUN
ftr-322	413	40	for	for	ADP
ftr-322	413	41	purposes	purpose	NOUN
ftr-322	413	42	of	of	ADP
ftr-322	413	43	the	the	DET
ftr-322	413	44	tax	tax	NOUN
ftr-322	413	45	law	law	NOUN
ftr-322	413	46	.	.	PUNCT
ftr-322	414	1	if	if	SCONJ
ftr-322	414	2	the	the	DET
ftr-322	414	3	allocations	allocation	NOUN
ftr-322	414	4	have	have	VERB
ftr-322	414	5	a	a	DET
ftr-322	414	6	substantial	substantial	ADJ
ftr-322	414	7	non	non	ADJ
ftr-322	414	8	-	-	ADJ
ftr-322	414	9	tax	tax	ADJ
ftr-322	414	10	business	business	NOUN
ftr-322	414	11	purpose	purpose	NOUN
ftr-322	414	12	,	,	PUNCT
ftr-322	414	13	then	then	ADV
ftr-322	414	14	they	they	PRON
ftr-322	414	15	will	will	AUX
ftr-322	414	16	proceed	proceed	VERB
ftr-322	414	17	anyway	anyway	ADV
ftr-322	414	18	,	,	PUNCT
ftr-322	414	19	but	but	CCONJ
ftr-322	414	20	with	with	ADP
ftr-322	414	21	the	the	DET
ftr-322	414	22	same	same	ADJ
ftr-322	414	23	tax	tax	NOUN
ftr-322	414	24	consequences	consequence	NOUN
ftr-322	414	25	that	that	PRON
ftr-322	414	26	would	would	AUX
ftr-322	414	27	apply	apply	VERB
ftr-322	414	28	if	if	SCONJ
ftr-322	414	29	the	the	DET
ftr-322	414	30	persons	person	NOUN
ftr-322	414	31	involved	involve	VERB
ftr-322	414	32	were	be	AUX
ftr-322	414	33	not	not	PART
ftr-322	414	34	partners	partner	NOUN
ftr-322	414	35	.	.	PUNCT
ftr-322	415	1	if	if	SCONJ
ftr-322	415	2	,	,	PUNCT
ftr-322	415	3	however	however	ADV
ftr-322	415	4	,	,	PUNCT
ftr-322	415	5	the	the	DET
ftr-322	415	6	allocations	allocation	NOUN
ftr-322	415	7	would	would	AUX
ftr-322	415	8	not	not	PART
ftr-322	415	9	proceed	proceed	VERB
ftr-322	415	10	in	in	ADP
ftr-322	415	11	the	the	DET
ftr-322	415	12	absence	absence	NOUN
ftr-322	415	13	of	of	ADP
ftr-322	415	14	tax	tax	NOUN
ftr-322	415	15	rules	rule	NOUN
ftr-322	415	16	that	that	PRON
ftr-322	415	17	authorize	authorize	VERB
ftr-322	415	18	them	they	PRON
ftr-322	415	19	,	,	PUNCT
ftr-322	415	20	then	then	ADV
ftr-322	415	21	in	in	ADP
ftr-322	415	22	most	most	ADJ
ftr-322	415	23	cases	case	NOUN
ftr-322	415	24	,	,	PUNCT
ftr-322	415	25	it	it	PRON
ftr-322	415	26	would	would	AUX
ftr-322	415	27	seem	seem	VERB
ftr-322	415	28	there	there	PRON
ftr-322	415	29	is	be	VERB
ftr-322	415	30	no	no	DET
ftr-322	415	31	reason	reason	NOUN
ftr-322	415	32	for	for	SCONJ
ftr-322	415	33	the	the	DET
ftr-322	415	34	tax	tax	NOUN
ftr-322	415	35	law	law	NOUN
ftr-322	415	36	to	to	PART
ftr-322	415	37	respect	respect	VERB
ftr-322	415	38	them	they	PRON
ftr-322	415	39	.	.	PUNCT
ftr-322	416	1	iv	iv	X
ftr-322	416	2	.	.	PUNCT
ftr-322	416	3	special	special	ADJ
ftr-322	416	4	allocation	allocation	NOUN
ftr-322	416	5	economics	economic	NOUN
ftr-322	416	6	this	this	DET
ftr-322	416	7	part	part	NOUN
ftr-322	416	8	examines	examine	VERB
ftr-322	416	9	more	more	ADV
ftr-322	416	10	closely	closely	ADV
ftr-322	416	11	the	the	DET
ftr-322	416	12	economic	economic	ADJ
ftr-322	416	13	consequences	consequence	NOUN
ftr-322	416	14	of	of	ADP
ftr-322	416	15	special	special	ADJ
ftr-322	416	16	allocations	allocation	NOUN
ftr-322	416	17	on	on	ADP
ftr-322	416	18	the	the	DET
ftr-322	416	19	assumption	assumption	NOUN
ftr-322	416	20	that	that	SCONJ
ftr-322	416	21	pure	pure	ADJ
ftr-322	416	22	aggregate	aggregate	ADJ
ftr-322	416	23	accounting	accounting	NOUN
ftr-322	416	24	applies	applie	NOUN
ftr-322	416	25	at	at	ADP
ftr-322	416	26	the	the	DET
ftr-322	416	27	partnership	partnership	NOUN
ftr-322	416	28	level	level	NOUN
ftr-322	416	29	.	.	PUNCT
ftr-322	417	1	the	the	DET
ftr-322	417	2	assumption	assumption	NOUN
ftr-322	417	3	of	of	ADP
ftr-322	417	4	pure	pure	ADJ
ftr-322	417	5	aggregate	aggregate	ADJ
ftr-322	417	6	accounting	accounting	NOUN
ftr-322	417	7	implies	imply	VERB
ftr-322	417	8	that	that	SCONJ
ftr-322	417	9	special	special	ADJ
ftr-322	417	10	allocations	allocation	NOUN
ftr-322	417	11	must	must	AUX
ftr-322	417	12	be	be	AUX
ftr-322	417	13	analyzed	analyze	VERB
ftr-322	417	14	,	,	PUNCT
ftr-322	417	15	for	for	ADP
ftr-322	417	16	tax	tax	NOUN
ftr-322	417	17	purposes	purpose	NOUN
ftr-322	417	18	,	,	PUNCT
ftr-322	417	19	as	as	ADP
ftr-322	417	20	nonequity	nonequity	NOUN
ftr-322	417	21	-	-	PUNCT
ftr-322	417	22	based	base	VERB
ftr-322	417	23	transactions	transaction	NOUN
ftr-322	417	24	either	either	CCONJ
ftr-322	417	25	between	between	ADP
ftr-322	417	26	or	or	CCONJ
ftr-322	417	27	among	among	ADP
ftr-322	417	28	the	the	DET
ftr-322	417	29	partners	partner	NOUN
ftr-322	417	30	,	,	PUNCT
ftr-322	417	31	or	or	CCONJ
ftr-322	417	32	between	between	ADP
ftr-322	417	33	one	one	NUM
ftr-322	417	34	or	or	CCONJ
ftr-322	417	35	more	more	ADJ
ftr-322	417	36	partners	partner	NOUN
ftr-322	417	37	and	and	CCONJ
ftr-322	417	38	the	the	DET
ftr-322	417	39	partnership	partnership	NOUN
ftr-322	417	40	itself	itself	PRON
ftr-322	417	41	.	.	PUNCT
ftr-322	418	1	stated	state	VERB
ftr-322	418	2	otherwise	otherwise	ADV
ftr-322	418	3	,	,	PUNCT
ftr-322	418	4	this	this	DET
ftr-322	418	5	part	part	NOUN
ftr-322	418	6	demonstrates	demonstrate	VERB
ftr-322	418	7	how	how	SCONJ
ftr-322	418	8	to	to	PART
ftr-322	418	9	account	account	VERB
ftr-322	418	10	in	in	ADP
ftr-322	418	11	tax	tax	NOUN
ftr-322	418	12	terms	term	NOUN
ftr-322	418	13	for	for	ADP
ftr-322	418	14	special	special	ADJ
ftr-322	418	15	allocations	allocation	NOUN
ftr-322	418	16	that	that	PRON
ftr-322	418	17	depart	depart	VERB
ftr-322	418	18	from	from	ADP
ftr-322	418	19	the	the	DET
ftr-322	418	20	pure	pure	ADJ
ftr-322	418	21	aggregate	aggregate	ADJ
ftr-322	418	22	theory	theory	NOUN
ftr-322	418	23	of	of	ADP
ftr-322	418	24	the	the	DET
ftr-322	418	25	partnership	partnership	NOUN
ftr-322	418	26	,	,	PUNCT
ftr-322	418	27	assuming	assume	VERB
ftr-322	418	28	that	that	SCONJ
ftr-322	418	29	partnership	partnership	NOUN
ftr-322	418	30	tax	tax	NOUN
ftr-322	418	31	accounting	accounting	NOUN
ftr-322	418	32	proceeds	proceed	NOUN
ftr-322	418	33	on	on	ADP
ftr-322	418	34	a	a	DET
ftr-322	418	35	pure	pure	ADJ
ftr-322	418	36	aggregate	aggregate	ADJ
ftr-322	418	37	theory	theory	NOUN
ftr-322	418	38	.	.	PUNCT
ftr-322	419	1	a.	a.	NOUN
ftr-322	419	2	depreciation	depreciation	NOUN
ftr-322	419	3	and	and	CCONJ
ftr-322	419	4	gain	gain	VERB
ftr-322	419	5	chargeback	chargeback	ADJ
ftr-322	419	6	example	example	NOUN
ftr-322	419	7	56	56	NUM
ftr-322	419	8	on	on	ADP
ftr-322	419	9	day	day	NOUN
ftr-322	419	10	1	1	NUM
ftr-322	419	11	of	of	ADP
ftr-322	419	12	year	year	NOUN
ftr-322	419	13	1	1	NUM
ftr-322	419	14	,	,	PUNCT
ftr-322	419	15	a	a	PRON
ftr-322	419	16	and	and	CCONJ
ftr-322	419	17	b	b	NOUN
ftr-322	419	18	each	each	PRON
ftr-322	419	19	contribute	contribute	VERB
ftr-322	419	20	$	$	SYM
ftr-322	419	21	200	200	NUM
ftr-322	419	22	to	to	ADP
ftr-322	419	23	the	the	DET
ftr-322	419	24	newly	newly	ADV
ftr-322	419	25	-	-	PUNCT
ftr-322	419	26	formed	form	VERB
ftr-322	419	27	ab	ab	PROPN
ftr-322	419	28	general	general	PROPN
ftr-322	419	29	partnership	partnership	NOUN
ftr-322	419	30	in	in	ADP
ftr-322	419	31	exchange	exchange	NOUN
ftr-322	419	32	for	for	ADP
ftr-322	419	33	interests	interest	NOUN
ftr-322	419	34	in	in	ADP
ftr-322	419	35	ab	ab	PROPN
ftr-322	419	36	.	.	PUNCT
ftr-322	420	1	the	the	DET
ftr-322	420	2	partnership	partnership	NOUN
ftr-322	420	3	agreement	agreement	NOUN
ftr-322	420	4	provides	provide	VERB
ftr-322	420	5	that	that	SCONJ
ftr-322	420	6	their	their	PRON
ftr-322	420	7	interests	interest	NOUN
ftr-322	420	8	in	in	ADP
ftr-322	420	9	items	item	NOUN
ftr-322	420	10	of	of	ADP
ftr-322	420	11	partnership	partnership	NOUN
ftr-322	420	12	igld	igld	ADJ
ftr-322	420	13	are	be	AUX
ftr-322	420	14	equal	equal	ADJ
ftr-322	420	15	,	,	PUNCT
ftr-322	420	16	except	except	SCONJ
ftr-322	420	17	that	that	SCONJ
ftr-322	420	18	the	the	DET
ftr-322	420	19	partnership	partnership	NOUN
ftr-322	420	20	agreement	agreement	NOUN
ftr-322	420	21	assigns	assign	VERB
ftr-322	420	22	to	to	ADP
ftr-322	420	23	a	a	DET
ftr-322	420	24	all	all	DET
ftr-322	420	25	items	item	NOUN
ftr-322	420	26	of	of	ADP
ftr-322	420	27	55	55	NUM
ftr-322	420	28	.	.	PUNCT
ftr-322	421	1	polsky	polsky	PROPN
ftr-322	421	2	discusses	discuss	VERB
ftr-322	421	3	this	this	DET
ftr-322	421	4	difficulty	difficulty	NOUN
ftr-322	421	5	.	.	PUNCT
ftr-322	422	1	polsky	polsky	NOUN
ftr-322	422	2	,	,	PUNCT
ftr-322	422	3	tax	tax	NOUN
ftr-322	422	4	-	-	PUNCT
ftr-322	422	5	driven	drive	VERB
ftr-322	422	6	allocations	allocation	NOUN
ftr-322	422	7	,	,	PUNCT
ftr-322	422	8	supra	supra	PROPN
ftr-322	422	9	note	note	NOUN
ftr-322	422	10	9	9	NUM
ftr-322	422	11	,	,	PUNCT
ftr-322	422	12	at	at	ADP
ftr-322	422	13	107	107	NUM
ftr-322	422	14	.	.	PUNCT
ftr-322	423	1	56	56	NUM
ftr-322	423	2	.	.	PUNCT
ftr-322	424	1	this	this	DET
ftr-322	424	2	example	example	NOUN
ftr-322	424	3	is	be	AUX
ftr-322	424	4	identical	identical	ADJ
ftr-322	424	5	to	to	PART
ftr-322	424	6	example	example	VERB
ftr-322	424	7	1	1	NUM
ftr-322	424	8	,	,	PUNCT
ftr-322	424	9	supra	supra	NOUN
ftr-322	424	10	in	in	ADP
ftr-322	424	11	part	part	NOUN
ftr-322	424	12	iii.a	iii.a	PROPN
ftr-322	424	13	.	.	NOUN
ftr-322	424	14	2012	2012	NUM
ftr-322	424	15	]	]	PUNCT
ftr-322	424	16	special	special	ADJ
ftr-322	424	17	allocations	allocation	NOUN
ftr-322	424	18	revisited	revisit	VERB
ftr-322	424	19	367	367	NUM
ftr-322	424	20	depreciation	depreciation	NOUN
ftr-322	424	21	with	with	ADP
ftr-322	424	22	respect	respect	NOUN
ftr-322	424	23	to	to	ADP
ftr-322	424	24	real	real	ADJ
ftr-322	424	25	property	property	NOUN
ftr-322	424	26	owned	own	VERB
ftr-322	424	27	by	by	ADP
ftr-322	424	28	ab	ab	PROPN
ftr-322	424	29	.	.	PUNCT
ftr-322	425	1	a	a	PRON
ftr-322	425	2	also	also	ADV
ftr-322	425	3	is	be	AUX
ftr-322	425	4	allocated	allocate	VERB
ftr-322	425	5	,	,	PUNCT
ftr-322	425	6	or	or	CCONJ
ftr-322	425	7	charged	charge	VERB
ftr-322	425	8	back	back	ADV
ftr-322	425	9	,	,	PUNCT
ftr-322	425	10	all	all	DET
ftr-322	425	11	gain	gain	VERB
ftr-322	425	12	realized	realize	VERB
ftr-322	425	13	on	on	ADP
ftr-322	425	14	the	the	DET
ftr-322	425	15	disposition	disposition	NOUN
ftr-322	425	16	of	of	ADP
ftr-322	425	17	real	real	ADJ
ftr-322	425	18	property	property	NOUN
ftr-322	425	19	by	by	ADP
ftr-322	425	20	ab	ab	PROPN
ftr-322	425	21	up	up	ADP
ftr-322	425	22	to	to	AUX
ftr-322	425	23	previously	previously	ADV
ftr-322	425	24	taken	take	VERB
ftr-322	425	25	depreciation	depreciation	NOUN
ftr-322	425	26	thereon	thereon	NOUN
ftr-322	425	27	.	.	PUNCT
ftr-322	426	1	any	any	DET
ftr-322	426	2	remaining	remain	VERB
ftr-322	426	3	gain	gain	NOUN
ftr-322	426	4	and	and	CCONJ
ftr-322	426	5	all	all	DET
ftr-322	426	6	loss	loss	NOUN
ftr-322	426	7	are	be	AUX
ftr-322	426	8	shared	share	VERB
ftr-322	426	9	equally	equally	ADV
ftr-322	426	10	by	by	ADP
ftr-322	426	11	a	a	PRON
ftr-322	426	12	and	and	CCONJ
ftr-322	426	13	b.	b.	PROPN
ftr-322	427	1	the	the	DET
ftr-322	427	2	partnership	partnership	NOUN
ftr-322	427	3	agreement	agreement	NOUN
ftr-322	427	4	provides	provide	VERB
ftr-322	427	5	that	that	SCONJ
ftr-322	427	6	capital	capital	NOUN
ftr-322	427	7	accounts	account	NOUN
ftr-322	427	8	will	will	AUX
ftr-322	427	9	be	be	AUX
ftr-322	427	10	maintained	maintain	VERB
ftr-322	427	11	in	in	ADP
ftr-322	427	12	accordance	accordance	NOUN
ftr-322	427	13	with	with	ADP
ftr-322	427	14	the	the	DET
ftr-322	427	15	section	section	NOUN
ftr-322	427	16	704(b	704(b	PROPN
ftr-322	427	17	)	)	PUNCT
ftr-322	427	18	regulations	regulation	NOUN
ftr-322	427	19	,	,	PUNCT
ftr-322	427	20	liquidating	liquidating	NOUN
ftr-322	427	21	distributions	distribution	NOUN
ftr-322	427	22	will	will	AUX
ftr-322	427	23	be	be	AUX
ftr-322	427	24	made	make	VERB
ftr-322	427	25	in	in	ADP
ftr-322	427	26	accordance	accordance	NOUN
ftr-322	427	27	with	with	ADP
ftr-322	427	28	positive	positive	ADJ
ftr-322	427	29	capital	capital	NOUN
ftr-322	427	30	account	account	NOUN
ftr-322	427	31	balances	balance	NOUN
ftr-322	427	32	and	and	CCONJ
ftr-322	427	33	each	each	DET
ftr-322	427	34	partner	partner	NOUN
ftr-322	427	35	has	have	VERB
ftr-322	427	36	an	an	DET
ftr-322	427	37	unlimited	unlimited	ADJ
ftr-322	427	38	dro	dro	NOUN
ftr-322	427	39	.	.	PUNCT
ftr-322	428	1	in	in	ADP
ftr-322	428	2	year	year	NOUN
ftr-322	428	3	1	1	NUM
ftr-322	428	4	,	,	PUNCT
ftr-322	428	5	ab	ab	PROPN
ftr-322	428	6	borrows	borrow	VERB
ftr-322	428	7	$	$	SYM
ftr-322	428	8	800	800	NUM
ftr-322	428	9	on	on	ADP
ftr-322	428	10	a	a	DET
ftr-322	428	11	recourse	recourse	NOUN
ftr-322	428	12	basis	basis	NOUN
ftr-322	428	13	and	and	CCONJ
ftr-322	428	14	purchases	purchase	VERB
ftr-322	428	15	factory	factory	NOUN
ftr-322	428	16	for	for	ADP
ftr-322	428	17	$	$	SYM
ftr-322	428	18	1,000	1,000	NUM
ftr-322	428	19	.	.	PUNCT
ftr-322	429	1	interest	interest	NOUN
ftr-322	429	2	only	only	ADV
ftr-322	429	3	is	be	AUX
ftr-322	429	4	due	due	ADJ
ftr-322	429	5	until	until	ADP
ftr-322	429	6	the	the	DET
ftr-322	429	7	earlier	early	ADJ
ftr-322	429	8	of	of	ADP
ftr-322	429	9	five	five	NUM
ftr-322	429	10	years	year	NOUN
ftr-322	429	11	or	or	CCONJ
ftr-322	429	12	the	the	DET
ftr-322	429	13	date	date	NOUN
ftr-322	429	14	on	on	ADP
ftr-322	429	15	which	which	PRON
ftr-322	429	16	ab	ab	PROPN
ftr-322	429	17	disposes	dispose	VERB
ftr-322	429	18	of	of	ADP
ftr-322	429	19	factory	factory	NOUN
ftr-322	429	20	,	,	PUNCT
ftr-322	429	21	at	at	ADP
ftr-322	429	22	which	which	DET
ftr-322	429	23	time	time	NOUN
ftr-322	429	24	all	all	DET
ftr-322	429	25	outstanding	outstanding	ADJ
ftr-322	429	26	interest	interest	NOUN
ftr-322	429	27	and	and	CCONJ
ftr-322	429	28	principal	principal	NOUN
ftr-322	429	29	are	be	AUX
ftr-322	429	30	due	due	ADJ
ftr-322	429	31	.	.	PUNCT
ftr-322	430	1	table	table	NOUN
ftr-322	430	2	1	1	NUM
ftr-322	430	3	sets	set	VERB
ftr-322	430	4	out	out	ADP
ftr-322	430	5	ab‘s	ab‘s	ADJ
ftr-322	430	6	opening	opening	NOUN
ftr-322	430	7	balance	balance	NOUN
ftr-322	430	8	sheet	sheet	NOUN
ftr-322	430	9	.	.	PUNCT
ftr-322	431	1	table	table	NOUN
ftr-322	431	2	1	1	NUM
ftr-322	431	3	:	:	PUNCT
ftr-322	431	4	opening	open	VERB
ftr-322	431	5	ab	ab	PROPN
ftr-322	431	6	balance	balance	NOUN
ftr-322	431	7	sheet	sheet	NOUN
ftr-322	431	8	partnership	partnership	NOUN
ftr-322	431	9	assets	asset	NOUN
ftr-322	431	10	partnership	partnership	NOUN
ftr-322	431	11	liabilities	liability	NOUN
ftr-322	431	12	:	:	PUNCT
ftr-322	431	13	$	$	SYM
ftr-322	431	14	800	800	NUM
ftr-322	431	15	capital	capital	NOUN
ftr-322	431	16	accounts	account	NOUN
ftr-322	431	17	asset	asset	NOUN
ftr-322	431	18	a	a	DET
ftr-322	431	19	/	/	SYM
ftr-322	431	20	b	b	PROPN
ftr-322	431	21	book	book	NOUN
ftr-322	431	22	partner	partner	NOUN
ftr-322	431	23	a	a	DET
ftr-322	431	24	/	/	SYM
ftr-322	431	25	b	b	NOUN
ftr-322	431	26	book	book	NOUN
ftr-322	431	27	cash	cash	VERB
ftr-322	431	28	$	$	SYM
ftr-322	431	29	200	200	NUM
ftr-322	431	30	$	$	SYM
ftr-322	431	31	200	200	NUM
ftr-322	431	32	a	a	DET
ftr-322	431	33	$	$	SYM
ftr-322	431	34	600	600	NUM
ftr-322	431	35	$	$	SYM
ftr-322	431	36	200	200	NUM
ftr-322	431	37	factory	factory	NOUN
ftr-322	431	38	1,000	1,000	NUM
ftr-322	431	39	1,000	1,000	NUM
ftr-322	431	40	b	b	NOUN
ftr-322	431	41	600	600	NUM
ftr-322	431	42	200	200	NUM
ftr-322	431	43	total	total	ADJ
ftr-322	431	44	$	$	SYM
ftr-322	431	45	1,200	1,200	NUM
ftr-322	431	46	$	$	SYM
ftr-322	431	47	1,200	1,200	NUM
ftr-322	431	48	total	total	ADJ
ftr-322	431	49	$	$	SYM
ftr-322	431	50	1,200	1,200	NUM
ftr-322	431	51	$	$	SYM
ftr-322	431	52	400	400	NUM
ftr-322	431	53	under	under	ADP
ftr-322	431	54	a	a	DET
ftr-322	431	55	pure	pure	ADJ
ftr-322	431	56	aggregate	aggregate	ADJ
ftr-322	431	57	theory	theory	NOUN
ftr-322	431	58	of	of	ADP
ftr-322	431	59	the	the	DET
ftr-322	431	60	partnership	partnership	NOUN
ftr-322	431	61	,	,	PUNCT
ftr-322	431	62	each	each	DET
ftr-322	431	63	partner	partner	NOUN
ftr-322	431	64	is	be	AUX
ftr-322	431	65	considered	consider	VERB
ftr-322	431	66	to	to	PART
ftr-322	431	67	own	own	VERB
ftr-322	431	68	a	a	DET
ftr-322	431	69	ratable	ratable	ADJ
ftr-322	431	70	share	share	NOUN
ftr-322	431	71	of	of	ADP
ftr-322	431	72	the	the	DET
ftr-322	431	73	partnership‘s	partnership‘s	PROPN
ftr-322	431	74	assets	asset	NOUN
ftr-322	431	75	measured	measure	VERB
ftr-322	431	76	by	by	ADP
ftr-322	431	77	the	the	DET
ftr-322	431	78	partner‘s	partner‘s	ADJ
ftr-322	431	79	capital	capital	NOUN
ftr-322	431	80	account	account	NOUN
ftr-322	431	81	balance	balance	NOUN
ftr-322	431	82	.	.	PUNCT
ftr-322	432	1	because	because	SCONJ
ftr-322	432	2	the	the	DET
ftr-322	432	3	special	special	ADJ
ftr-322	432	4	allocation	allocation	NOUN
ftr-322	432	5	of	of	ADP
ftr-322	432	6	depreciation	depreciation	NOUN
ftr-322	432	7	has	have	VERB
ftr-322	432	8	a	a	DET
ftr-322	432	9	disproportionate	disproportionate	ADJ
ftr-322	432	10	effect	effect	NOUN
ftr-322	432	11	on	on	ADP
ftr-322	432	12	the	the	DET
ftr-322	432	13	partners	partner	NOUN
ftr-322	432	14	‘	'	PUNCT
ftr-322	432	15	capital	capital	NOUN
ftr-322	432	16	account	account	NOUN
ftr-322	432	17	balances	balance	NOUN
ftr-322	432	18	,	,	PUNCT
ftr-322	432	19	it	it	PRON
ftr-322	432	20	is	be	AUX
ftr-322	432	21	not	not	PART
ftr-322	432	22	consistent	consistent	ADJ
ftr-322	432	23	with	with	ADP
ftr-322	432	24	the	the	DET
ftr-322	432	25	aggregate	aggregate	ADJ
ftr-322	432	26	theory	theory	NOUN
ftr-322	432	27	.	.	PUNCT
ftr-322	433	1	therefore	therefore	ADV
ftr-322	433	2	,	,	PUNCT
ftr-322	433	3	under	under	ADP
ftr-322	433	4	an	an	DET
ftr-322	433	5	aggregate	aggregate	ADJ
ftr-322	433	6	theory	theory	NOUN
ftr-322	433	7	,	,	PUNCT
ftr-322	433	8	the	the	DET
ftr-322	433	9	effect	effect	NOUN
ftr-322	433	10	of	of	ADP
ftr-322	433	11	the	the	DET
ftr-322	433	12	allocation	allocation	NOUN
ftr-322	433	13	must	must	AUX
ftr-322	433	14	be	be	AUX
ftr-322	433	15	analyzed	analyze	VERB
ftr-322	433	16	either	either	CCONJ
ftr-322	433	17	as	as	ADP
ftr-322	433	18	the	the	DET
ftr-322	433	19	result	result	NOUN
ftr-322	433	20	of	of	ADP
ftr-322	433	21	transactions	transaction	NOUN
ftr-322	433	22	between	between	ADP
ftr-322	433	23	or	or	CCONJ
ftr-322	433	24	among	among	ADP
ftr-322	433	25	the	the	DET
ftr-322	433	26	partners	partner	NOUN
ftr-322	433	27	—	—	PUNCT
ftr-322	433	28	that	that	ADV
ftr-322	433	29	is	is	ADV
ftr-322	433	30	,	,	PUNCT
ftr-322	433	31	outside	outside	ADP
ftr-322	433	32	the	the	DET
ftr-322	433	33	partnership	partnership	NOUN
ftr-322	433	34	—	—	PUNCT
ftr-322	433	35	or	or	CCONJ
ftr-322	433	36	,	,	PUNCT
ftr-322	433	37	possibly	possibly	ADV
ftr-322	433	38	,	,	PUNCT
ftr-322	433	39	as	as	ADP
ftr-322	433	40	some	some	DET
ftr-322	433	41	other	other	ADJ
ftr-322	433	42	,	,	PUNCT
ftr-322	433	43	non	non	ADJ
ftr-322	433	44	-	-	ADJ
ftr-322	433	45	equity	equity	NOUN
ftr-322	433	46	-	-	PUNCT
ftr-322	433	47	based	base	VERB
ftr-322	433	48	arrangement	arrangement	NOUN
ftr-322	433	49	between	between	ADP
ftr-322	433	50	the	the	DET
ftr-322	433	51	partnership	partnership	NOUN
ftr-322	433	52	and	and	CCONJ
ftr-322	433	53	either	either	ADV
ftr-322	433	54	or	or	CCONJ
ftr-322	433	55	both	both	PRON
ftr-322	433	56	partners	partner	NOUN
ftr-322	433	57	.	.	PUNCT
ftr-322	434	1	it	it	PRON
ftr-322	434	2	can	can	AUX
ftr-322	434	3	not	not	PART
ftr-322	434	4	be	be	AUX
ftr-322	434	5	analyzed	analyze	VERB
ftr-322	434	6	as	as	ADP
ftr-322	434	7	an	an	DET
ftr-322	434	8	equity	equity	NOUN
ftr-322	434	9	arrangement	arrangement	NOUN
ftr-322	434	10	at	at	ADP
ftr-322	434	11	the	the	DET
ftr-322	434	12	partnership	partnership	NOUN
ftr-322	434	13	level	level	NOUN
ftr-322	434	14	.	.	PUNCT
ftr-322	435	1	further	far	ADV
ftr-322	435	2	,	,	PUNCT
ftr-322	435	3	any	any	DET
ftr-322	435	4	effort	effort	NOUN
ftr-322	435	5	to	to	PART
ftr-322	435	6	accommodate	accommodate	VERB
ftr-322	435	7	the	the	DET
ftr-322	435	8	special	special	ADJ
ftr-322	435	9	allocation	allocation	NOUN
ftr-322	435	10	under	under	ADP
ftr-322	435	11	the	the	DET
ftr-322	435	12	basic	basic	ADJ
ftr-322	435	13	capital	capital	NOUN
ftr-322	435	14	account	account	NOUN
ftr-322	435	15	model	model	NOUN
ftr-322	435	16	will	will	AUX
ftr-322	435	17	result	result	VERB
ftr-322	435	18	in	in	ADP
ftr-322	435	19	a	a	DET
ftr-322	435	20	series	series	NOUN
ftr-322	435	21	of	of	ADP
ftr-322	435	22	constantly	constantly	ADV
ftr-322	435	23	shifting	shift	VERB
ftr-322	435	24	capital	capital	NOUN
ftr-322	435	25	account	account	NOUN
ftr-322	435	26	balances	balance	NOUN
ftr-322	435	27	and	and	CCONJ
ftr-322	435	28	,	,	PUNCT
ftr-322	435	29	consequently	consequently	ADV
ftr-322	435	30	,	,	PUNCT
ftr-322	435	31	of	of	ADP
ftr-322	435	32	ever	ever	ADV
ftr-322	435	33	-	-	PUNCT
ftr-322	435	34	changing	change	VERB
ftr-322	435	35	deemed	deemed	ADJ
ftr-322	435	36	payment	payment	NOUN
ftr-322	435	37	arrangements	arrangement	NOUN
ftr-322	435	38	between	between	ADP
ftr-322	435	39	the	the	DET
ftr-322	435	40	partners	partner	NOUN
ftr-322	435	41	or	or	CCONJ
ftr-322	435	42	between	between	ADP
ftr-322	435	43	the	the	DET
ftr-322	435	44	partnership	partnership	NOUN
ftr-322	435	45	and	and	CCONJ
ftr-322	435	46	one	one	NUM
ftr-322	435	47	or	or	CCONJ
ftr-322	435	48	more	more	ADJ
ftr-322	435	49	partners	partner	NOUN
ftr-322	435	50	.	.	PUNCT
ftr-322	436	1	consider	consider	VERB
ftr-322	436	2	first	first	ADV
ftr-322	436	3	the	the	DET
ftr-322	436	4	effect	effect	NOUN
ftr-322	436	5	just	just	ADV
ftr-322	436	6	of	of	ADP
ftr-322	436	7	allocating	allocate	VERB
ftr-322	436	8	the	the	DET
ftr-322	436	9	depreciation	depreciation	NOUN
ftr-322	436	10	solely	solely	ADV
ftr-322	436	11	to	to	AUX
ftr-322	436	12	a.	a.	VERB
ftr-322	436	13	in	in	ADP
ftr-322	436	14	economic	economic	ADJ
ftr-322	436	15	terms	term	NOUN
ftr-322	436	16	,	,	PUNCT
ftr-322	436	17	prior	prior	ADV
ftr-322	436	18	to	to	ADP
ftr-322	436	19	any	any	DET
ftr-322	436	20	disposition	disposition	NOUN
ftr-322	436	21	of	of	ADP
ftr-322	436	22	the	the	DET
ftr-322	436	23	property	property	NOUN
ftr-322	436	24	,	,	PUNCT
ftr-322	436	25	a	a	PRON
ftr-322	436	26	annually	annually	ADV
ftr-322	436	27	experiences	experience	VERB
ftr-322	436	28	a	a	DET
ftr-322	436	29	$	$	SYM
ftr-322	436	30	50	50	NUM
ftr-322	436	31	loss	loss	NOUN
ftr-322	436	32	unmatched	unmatched	ADJ
ftr-322	436	33	by	by	ADP
ftr-322	436	34	b	b	NOUN
ftr-322	436	35	,	,	PUNCT
ftr-322	436	36	even	even	ADV
ftr-322	436	37	though	though	SCONJ
ftr-322	436	38	a	a	PRON
ftr-322	436	39	and	and	CCONJ
ftr-322	436	40	b	b	NOUN
ftr-322	436	41	each	each	PRON
ftr-322	436	42	have	have	AUX
ftr-322	436	43	contributed	contribute	VERB
ftr-322	436	44	one	one	NUM
ftr-322	436	45	-	-	PUNCT
ftr-322	436	46	half	half	NOUN
ftr-322	436	47	of	of	ADP
ftr-322	436	48	the	the	DET
ftr-322	436	49	capital	capital	NOUN
ftr-322	436	50	to	to	ADP
ftr-322	436	51	ab	ab	PROPN
ftr-322	436	52	.	.	PUNCT
ftr-322	437	1	if	if	SCONJ
ftr-322	437	2	,	,	PUNCT
ftr-322	437	3	as	as	SCONJ
ftr-322	437	4	we	we	PRON
ftr-322	437	5	must	must	AUX
ftr-322	437	6	suppose	suppose	VERB
ftr-322	437	7	,	,	PUNCT
ftr-322	437	8	a	a	PRON
ftr-322	437	9	and	and	CCONJ
ftr-322	437	10	b	b	NOUN
ftr-322	437	11	368	368	NUM
ftr-322	437	12	florida	florida	PROPN
ftr-322	437	13	tax	tax	NOUN
ftr-322	437	14	review	review	NOUN
ftr-322	437	15	[	[	X
ftr-322	437	16	vol	vol	NOUN
ftr-322	437	17	.	.	PUNCT
ftr-322	438	1	13:7	13:7	NUM
ftr-322	438	2	deal	deal	VERB
ftr-322	438	3	with	with	ADP
ftr-322	438	4	each	each	DET
ftr-322	438	5	other	other	ADJ
ftr-322	438	6	at	at	ADP
ftr-322	438	7	arm‘s	arm‘s	PROPN
ftr-322	438	8	length	length	NOUN
ftr-322	438	9	,	,	PUNCT
ftr-322	438	10	one	one	PRON
ftr-322	438	11	ought	ought	AUX
ftr-322	438	12	to	to	PART
ftr-322	438	13	conclude	conclude	VERB
ftr-322	438	14	that	that	SCONJ
ftr-322	438	15	a	a	PRON
ftr-322	438	16	is	be	AUX
ftr-322	438	17	agreeing	agree	VERB
ftr-322	438	18	to	to	ADP
ftr-322	438	19	a	a	DET
ftr-322	438	20	reduced	reduce	VERB
ftr-322	438	21	overall	overall	ADJ
ftr-322	438	22	interest	interest	NOUN
ftr-322	438	23	in	in	ADP
ftr-322	438	24	the	the	DET
ftr-322	438	25	partnership	partnership	NOUN
ftr-322	438	26	as	as	ADP
ftr-322	438	27	a	a	DET
ftr-322	438	28	way	way	NOUN
ftr-322	438	29	to	to	PART
ftr-322	438	30	compensate	compensate	VERB
ftr-322	438	31	b.	b.	PROPN
ftr-322	438	32	under	under	ADP
ftr-322	438	33	a	a	DET
ftr-322	438	34	pure	pure	ADJ
ftr-322	438	35	aggregate	aggregate	NOUN
ftr-322	438	36	theory	theory	NOUN
ftr-322	438	37	,	,	PUNCT
ftr-322	438	38	there	there	PRON
ftr-322	438	39	are	be	VERB
ftr-322	438	40	two	two	NUM
ftr-322	438	41	ways	way	NOUN
ftr-322	438	42	to	to	PART
ftr-322	438	43	understand	understand	VERB
ftr-322	438	44	the	the	DET
ftr-322	438	45	nature	nature	NOUN
ftr-322	438	46	of	of	ADP
ftr-322	438	47	this	this	DET
ftr-322	438	48	compensation	compensation	NOUN
ftr-322	438	49	,	,	PUNCT
ftr-322	438	50	though	though	SCONJ
ftr-322	438	51	in	in	ADP
ftr-322	438	52	the	the	DET
ftr-322	438	53	end	end	NOUN
ftr-322	438	54	,	,	PUNCT
ftr-322	438	55	they	they	PRON
ftr-322	438	56	appear	appear	VERB
ftr-322	438	57	to	to	PART
ftr-322	438	58	come	come	VERB
ftr-322	438	59	out	out	ADP
ftr-322	438	60	the	the	DET
ftr-322	438	61	same	same	ADJ
ftr-322	438	62	.	.	PUNCT
ftr-322	439	1	the	the	DET
ftr-322	439	2	first	first	ADJ
ftr-322	439	3	is	be	AUX
ftr-322	439	4	to	to	PART
ftr-322	439	5	consider	consider	VERB
ftr-322	439	6	the	the	DET
ftr-322	439	7	compensation	compensation	NOUN
ftr-322	439	8	as	as	ADP
ftr-322	439	9	an	an	DET
ftr-322	439	10	annual	annual	ADJ
ftr-322	439	11	ownership	ownership	NOUN
ftr-322	439	12	shift	shift	NOUN
ftr-322	439	13	in	in	ADP
ftr-322	439	14	ab	ab	PROPN
ftr-322	439	15	from	from	ADP
ftr-322	439	16	a	a	DET
ftr-322	439	17	to	to	ADP
ftr-322	439	18	b	b	NOUN
ftr-322	439	19	of	of	ADP
ftr-322	439	20	a	a	DET
ftr-322	439	21	proportion	proportion	NOUN
ftr-322	439	22	of	of	ADP
ftr-322	439	23	ab	ab	PROPN
ftr-322	439	24	equal	equal	ADJ
ftr-322	439	25	to	to	ADP
ftr-322	439	26	what	what	PRON
ftr-322	439	27	b	b	NOUN
ftr-322	439	28	otherwise	otherwise	ADV
ftr-322	439	29	would	would	AUX
ftr-322	439	30	have	have	AUX
ftr-322	439	31	suffered	suffer	VERB
ftr-322	439	32	in	in	ADP
ftr-322	439	33	depreciation	depreciation	NOUN
ftr-322	439	34	,	,	PUNCT
ftr-322	439	35	divided	divide	VERB
ftr-322	439	36	by	by	ADP
ftr-322	439	37	total	total	ADJ
ftr-322	439	38	partnership	partnership	NOUN
ftr-322	439	39	equity	equity	PROPN
ftr-322	439	40	,	,	PUNCT
ftr-322	439	41	a	a	DET
ftr-322	439	42	ratio	ratio	NOUN
ftr-322	439	43	that	that	PRON
ftr-322	439	44	increases	increase	VERB
ftr-322	439	45	over	over	ADP
ftr-322	439	46	time	time	NOUN
ftr-322	439	47	as	as	SCONJ
ftr-322	439	48	depreciation	depreciation	NOUN
ftr-322	439	49	takes	take	VERB
ftr-322	439	50	place	place	NOUN
ftr-322	439	51	,	,	PUNCT
ftr-322	439	52	due	due	ADP
ftr-322	439	53	to	to	ADP
ftr-322	439	54	the	the	DET
ftr-322	439	55	declining	decline	VERB
ftr-322	439	56	book	book	NOUN
ftr-322	439	57	value	value	NOUN
ftr-322	439	58	of	of	ADP
ftr-322	439	59	factory	factory	NOUN
ftr-322	439	60	.	.	PUNCT
ftr-322	440	1	the	the	DET
ftr-322	440	2	second	second	NOUN
ftr-322	440	3	is	be	AUX
ftr-322	440	4	as	as	ADP
ftr-322	440	5	a	a	DET
ftr-322	440	6	guaranteed	guarantee	VERB
ftr-322	440	7	payment	payment	NOUN
ftr-322	440	8	.	.	PUNCT
ftr-322	441	1	the	the	DET
ftr-322	441	2	capital	capital	NOUN
ftr-322	441	3	shift	shift	NOUN
ftr-322	441	4	analysis	analysis	NOUN
ftr-322	441	5	under	under	ADP
ftr-322	441	6	the	the	DET
ftr-322	441	7	aggregate	aggregate	ADJ
ftr-322	441	8	theory	theory	NOUN
ftr-322	441	9	runs	run	VERB
ftr-322	441	10	as	as	SCONJ
ftr-322	441	11	follows	follow	VERB
ftr-322	441	12	.	.	PUNCT
ftr-322	442	1	a	a	DET
ftr-322	442	2	and	and	CCONJ
ftr-322	442	3	b	b	NOUN
ftr-322	442	4	each	each	PRON
ftr-322	442	5	begin	begin	VERB
ftr-322	442	6	with	with	ADP
ftr-322	442	7	equal	equal	ADJ
ftr-322	442	8	depreciation	depreciation	NOUN
ftr-322	442	9	allocations	allocation	NOUN
ftr-322	442	10	since	since	SCONJ
ftr-322	442	11	their	their	PRON
ftr-322	442	12	capital	capital	NOUN
ftr-322	442	13	accounts	account	NOUN
ftr-322	442	14	are	be	AUX
ftr-322	442	15	equal	equal	ADJ
ftr-322	442	16	.	.	PUNCT
ftr-322	443	1	after	after	ADP
ftr-322	443	2	one	one	NUM
ftr-322	443	3	year	year	NOUN
ftr-322	443	4	,	,	PUNCT
ftr-322	443	5	each	each	PRON
ftr-322	443	6	of	of	ADP
ftr-322	443	7	their	their	PRON
ftr-322	443	8	capital	capital	NOUN
ftr-322	443	9	accounts	account	NOUN
ftr-322	443	10	drops	drop	VERB
ftr-322	443	11	by	by	ADP
ftr-322	443	12	$	$	SYM
ftr-322	443	13	25	25	NUM
ftr-322	443	14	as	as	ADP
ftr-322	443	15	a	a	DET
ftr-322	443	16	result	result	NOUN
ftr-322	443	17	of	of	ADP
ftr-322	443	18	depreciation	depreciation	NOUN
ftr-322	443	19	57	57	NUM
ftr-322	443	20	and	and	CCONJ
ftr-322	443	21	each	each	PRON
ftr-322	443	22	has	have	VERB
ftr-322	443	23	a	a	DET
ftr-322	443	24	$	$	SYM
ftr-322	443	25	25	25	NUM
ftr-322	443	26	tax	tax	NOUN
ftr-322	443	27	deduction	deduction	NOUN
ftr-322	443	28	,	,	PUNCT
ftr-322	443	29	58	58	NUM
ftr-322	443	30	causing	cause	VERB
ftr-322	443	31	concomitant	concomitant	ADJ
ftr-322	443	32	outside	outside	ADJ
ftr-322	443	33	basis	basis	NOUN
ftr-322	443	34	reductions	reduction	NOUN
ftr-322	443	35	59	59	NUM
ftr-322	443	36	(	(	PUNCT
ftr-322	443	37	and	and	CCONJ
ftr-322	443	38	a	a	DET
ftr-322	443	39	$	$	SYM
ftr-322	443	40	50	50	NUM
ftr-322	443	41	inside	inside	ADP
ftr-322	443	42	basis	basis	NOUN
ftr-322	443	43	reduction	reduction	NOUN
ftr-322	443	44	to	to	ADP
ftr-322	443	45	factory	factory	NOUN
ftr-322	443	46	60	60	NUM
ftr-322	443	47	)	)	PUNCT
ftr-322	443	48	.	.	PUNCT
ftr-322	444	1	separately	separately	ADV
ftr-322	444	2	,	,	PUNCT
ftr-322	444	3	as	as	ADP
ftr-322	444	4	a	a	DET
ftr-322	444	5	way	way	NOUN
ftr-322	444	6	to	to	PART
ftr-322	444	7	provide	provide	VERB
ftr-322	444	8	b	b	NOUN
ftr-322	444	9	with	with	ADP
ftr-322	444	10	an	an	DET
ftr-322	444	11	interest	interest	NOUN
ftr-322	444	12	commensurate	commensurate	ADJ
ftr-322	444	13	with	with	ADP
ftr-322	444	14	what	what	PRON
ftr-322	444	15	the	the	DET
ftr-322	444	16	parties	party	NOUN
ftr-322	444	17	believe	believe	VERB
ftr-322	444	18	will	will	AUX
ftr-322	444	19	be	be	AUX
ftr-322	444	20	b‘s	b‘s	ADJ
ftr-322	444	21	overall	overall	ADJ
ftr-322	444	22	contribution	contribution	NOUN
ftr-322	444	23	to	to	ADP
ftr-322	444	24	the	the	DET
ftr-322	444	25	success	success	NOUN
ftr-322	444	26	of	of	ADP
ftr-322	444	27	ab	ab	PROPN
ftr-322	444	28	,	,	PUNCT
ftr-322	444	29	a	a	PRON
ftr-322	444	30	would	would	AUX
ftr-322	444	31	be	be	AUX
ftr-322	444	32	deemed	deem	VERB
ftr-322	444	33	to	to	PART
ftr-322	444	34	transfer	transfer	VERB
ftr-322	444	35	to	to	ADP
ftr-322	444	36	b	b	NOUN
ftr-322	444	37	a	a	DET
ftr-322	444	38	$	$	SYM
ftr-322	444	39	25	25	NUM
ftr-322	444	40	equity	equity	NOUN
ftr-322	444	41	interest	interest	NOUN
ftr-322	444	42	in	in	ADP
ftr-322	444	43	ab	ab	PROPN
ftr-322	444	44	.	.	PUNCT
ftr-322	445	1	this	this	DET
ftr-322	445	2	transfer	transfer	NOUN
ftr-322	445	3	is	be	AUX
ftr-322	445	4	not	not	PART
ftr-322	445	5	an	an	DET
ftr-322	445	6	exchange	exchange	NOUN
ftr-322	445	7	because	because	SCONJ
ftr-322	445	8	a	a	PRON
ftr-322	445	9	receives	receive	VERB
ftr-322	445	10	nothing	nothing	PRON
ftr-322	445	11	directly	directly	ADV
ftr-322	445	12	in	in	ADP
ftr-322	445	13	return	return	NOUN
ftr-322	445	14	.	.	PUNCT
ftr-322	446	1	rather	rather	ADV
ftr-322	446	2	,	,	PUNCT
ftr-322	446	3	a‘s	a‘s	NOUN
ftr-322	446	4	return	return	NOUN
ftr-322	446	5	on	on	ADP
ftr-322	446	6	the	the	DET
ftr-322	446	7	overall	overall	ADJ
ftr-322	446	8	arrangement	arrangement	NOUN
ftr-322	446	9	is	be	AUX
ftr-322	446	10	reflected	reflect	VERB
ftr-322	446	11	in	in	ADP
ftr-322	446	12	a‘s	a‘s	NOUN
ftr-322	446	13	resulting	result	VERB
ftr-322	446	14	equity	equity	NOUN
ftr-322	446	15	interest	interest	NOUN
ftr-322	446	16	,	,	PUNCT
ftr-322	446	17	which	which	PRON
ftr-322	446	18	was	be	AUX
ftr-322	446	19	calculated	calculate	VERB
ftr-322	446	20	upon	upon	SCONJ
ftr-322	446	21	formation	formation	NOUN
ftr-322	446	22	of	of	ADP
ftr-322	446	23	the	the	DET
ftr-322	446	24	partnership	partnership	NOUN
ftr-322	446	25	to	to	PART
ftr-322	446	26	be	be	AUX
ftr-322	446	27	worth	worth	ADJ
ftr-322	446	28	what	what	PRON
ftr-322	446	29	a	a	DET
ftr-322	446	30	ends	end	VERB
ftr-322	446	31	up	up	ADP
ftr-322	446	32	with	with	ADP
ftr-322	446	33	after	after	ADP
ftr-322	446	34	the	the	DET
ftr-322	446	35	transfer	transfer	NOUN
ftr-322	446	36	.	.	PUNCT
ftr-322	447	1	consequently	consequently	ADV
ftr-322	447	2	the	the	DET
ftr-322	447	3	transfer	transfer	NOUN
ftr-322	447	4	should	should	AUX
ftr-322	447	5	represent	represent	VERB
ftr-322	447	6	ordinary	ordinary	ADJ
ftr-322	447	7	income	income	NOUN
ftr-322	447	8	to	to	ADP
ftr-322	447	9	b	b	NOUN
ftr-322	447	10	61	61	NUM
ftr-322	447	11	and	and	CCONJ
ftr-322	447	12	,	,	PUNCT
ftr-322	447	13	assuming	assume	VERB
ftr-322	447	14	a	a	DET
ftr-322	447	15	enjoys	enjoy	NOUN
ftr-322	447	16	the	the	DET
ftr-322	447	17	benefits	benefit	NOUN
ftr-322	447	18	of	of	ADP
ftr-322	447	19	b‘s	b‘s	ADJ
ftr-322	447	20	efforts	effort	NOUN
ftr-322	447	21	annually	annually	ADV
ftr-322	447	22	,	,	PUNCT
ftr-322	447	23	an	an	DET
ftr-322	447	24	ordinary	ordinary	ADJ
ftr-322	447	25	deduction	deduction	NOUN
ftr-322	447	26	to	to	ADP
ftr-322	447	27	a	a	DET
ftr-322	447	28	under	under	ADP
ftr-322	447	29	standard	standard	ADJ
ftr-322	447	30	tax	tax	NOUN
ftr-322	447	31	principles	principle	NOUN
ftr-322	447	32	.	.	PUNCT
ftr-322	448	1	62	62	NUM
ftr-322	448	2	at	at	ADP
ftr-322	448	3	the	the	DET
ftr-322	448	4	end	end	NOUN
ftr-322	448	5	of	of	ADP
ftr-322	448	6	year	year	NOUN
ftr-322	448	7	1	1	NUM
ftr-322	448	8	,	,	PUNCT
ftr-322	448	9	the	the	DET
ftr-322	448	10	$	$	SYM
ftr-322	448	11	25	25	NUM
ftr-322	448	12	deemed	deem	VERB
ftr-322	448	13	transfer	transfer	NOUN
ftr-322	448	14	represents	represent	VERB
ftr-322	448	15	one	one	NUM
ftr-322	448	16	-	-	PUNCT
ftr-322	448	17	seventh	seventh	NOUN
ftr-322	448	18	of	of	ADP
ftr-322	448	19	a‘s	a‘s	PROPN
ftr-322	448	20	interest	interest	NOUN
ftr-322	448	21	in	in	ADP
ftr-322	448	22	ab	ab	PROPN
ftr-322	448	23	(	(	PUNCT
ftr-322	448	24	equal	equal	ADJ
ftr-322	448	25	to	to	ADP
ftr-322	448	26	the	the	DET
ftr-322	448	27	ratio	ratio	NOUN
ftr-322	448	28	of	of	ADP
ftr-322	448	29	$	$	SYM
ftr-322	448	30	25	25	NUM
ftr-322	448	31	to	to	PART
ftr-322	448	32	a‘s	a‘s	PROPN
ftr-322	448	33	total	total	ADJ
ftr-322	448	34	equity	equity	NOUN
ftr-322	448	35	interest	interest	NOUN
ftr-322	448	36	of	of	ADP
ftr-322	448	37	$	$	SYM
ftr-322	448	38	175	175	NUM
ftr-322	448	39	)	)	PUNCT
ftr-322	448	40	,	,	PUNCT
ftr-322	448	41	and	and	CCONJ
ftr-322	448	42	a‘s	a‘s	NOUN
ftr-322	448	43	basis	basis	NOUN
ftr-322	448	44	in	in	ADP
ftr-322	448	45	that	that	DET
ftr-322	448	46	one	one	NUM
ftr-322	448	47	-	-	PUNCT
ftr-322	448	48	seventh	seventh	ADJ
ftr-322	448	49	interest	interest	NOUN
ftr-322	448	50	would	would	AUX
ftr-322	448	51	be	be	AUX
ftr-322	448	52	$	$	SYM
ftr-322	448	53	82.14	82.14	NUM
ftr-322	448	54	.	.	PUNCT
ftr-322	449	1	63	63	NUM
ftr-322	449	2	in	in	ADP
ftr-322	449	3	the	the	DET
ftr-322	449	4	transfer	transfer	NOUN
ftr-322	449	5	,	,	PUNCT
ftr-322	449	6	b	b	NOUN
ftr-322	449	7	would	would	AUX
ftr-322	449	8	assume	assume	VERB
ftr-322	449	9	one	one	NUM
ftr-322	449	10	-	-	PUNCT
ftr-322	449	11	seventh	seventh	NOUN
ftr-322	449	12	of	of	ADP
ftr-322	449	13	a‘s	a‘s	PROPN
ftr-322	449	14	share	share	NOUN
ftr-322	449	15	of	of	ADP
ftr-322	449	16	the	the	DET
ftr-322	449	17	liability	liability	NOUN
ftr-322	449	18	,	,	PUNCT
ftr-322	449	19	or	or	CCONJ
ftr-322	449	20	$	$	SYM
ftr-322	449	21	57.14	57.14	NUM
ftr-322	449	22	,	,	PUNCT
ftr-322	449	23	for	for	ADP
ftr-322	449	24	a	a	DET
ftr-322	449	25	net	net	ADJ
ftr-322	449	26	deduction	deduction	NOUN
ftr-322	449	27	to	to	ADP
ftr-322	449	28	a	a	PRON
ftr-322	449	29	of	of	ADP
ftr-322	449	30	$	$	SYM
ftr-322	449	31	25	25	NUM
ftr-322	449	32	and	and	CCONJ
ftr-322	449	33	an	an	DET
ftr-322	449	34	outside	outside	ADJ
ftr-322	449	35	basis	basis	NOUN
ftr-322	449	36	for	for	ADP
ftr-322	449	37	a	a	PRON
ftr-322	449	38	of	of	ADP
ftr-322	449	39	$	$	SYM
ftr-322	449	40	492.86	492.86	NUM
ftr-322	449	41	.	.	PUNCT
ftr-322	450	1	b‘s	b‘s	NOUN
ftr-322	450	2	outside	outside	ADJ
ftr-322	450	3	basis	basis	NOUN
ftr-322	450	4	increases	increase	NOUN
ftr-322	450	5	to	to	ADP
ftr-322	450	6	$	$	SYM
ftr-322	450	7	657.14	657.14	NUM
ftr-322	450	8	.	.	PUNCT
ftr-322	451	1	however	however	ADV
ftr-322	451	2	,	,	PUNCT
ftr-322	451	3	since	since	SCONJ
ftr-322	451	4	the	the	DET
ftr-322	451	5	economic	economic	ADJ
ftr-322	451	6	deal	deal	NOUN
ftr-322	451	7	provides	provide	VERB
ftr-322	451	8	that	that	SCONJ
ftr-322	451	9	the	the	DET
ftr-322	451	10	partners	partner	NOUN
ftr-322	451	11	remain	remain	VERB
ftr-322	451	12	equally	equally	ADV
ftr-322	451	13	liable	liable	ADJ
ftr-322	451	14	on	on	ADP
ftr-322	451	15	the	the	DET
ftr-322	451	16	loan	loan	NOUN
ftr-322	451	17	even	even	ADV
ftr-322	451	18	though	though	SCONJ
ftr-322	451	19	a‘s	a‘s	NOUN
ftr-322	451	20	equity	equity	NOUN
ftr-322	451	21	interest	interest	NOUN
ftr-322	451	22	is	be	AUX
ftr-322	451	23	reduced	reduce	VERB
ftr-322	451	24	relative	relative	ADJ
ftr-322	451	25	to	to	ADP
ftr-322	451	26	b‘s	b‘s	NOUN
ftr-322	451	27	,	,	PUNCT
ftr-322	451	28	for	for	ADP
ftr-322	451	29	basis	basis	NOUN
ftr-322	451	30	purposes	purpose	NOUN
ftr-322	451	31	there	there	PRON
ftr-322	451	32	would	would	AUX
ftr-322	451	33	follow	follow	VERB
ftr-322	451	34	a	a	DET
ftr-322	451	35	deemed	deemed	ADJ
ftr-322	451	36	contribution	contribution	NOUN
ftr-322	451	37	of	of	ADP
ftr-322	451	38	$	$	SYM
ftr-322	451	39	57.14	57.14	NUM
ftr-322	451	40	by	by	ADP
ftr-322	451	41	a	a	PRON
ftr-322	451	42	to	to	ADP
ftr-322	451	43	the	the	DET
ftr-322	451	44	partnership	partnership	NOUN
ftr-322	451	45	and	and	CCONJ
ftr-322	451	46	a	a	DET
ftr-322	451	47	57	57	NUM
ftr-322	451	48	.	.	PUNCT
ftr-322	452	1	reg	reg	NOUN
ftr-322	452	2	.	.	PUNCT
ftr-322	453	1	§	§	PROPN
ftr-322	453	2	1.704	1.704	NUM
ftr-322	453	3	-	-	NUM
ftr-322	453	4	1(b)(2)(iv)(b	1(b)(2)(iv)(b	NUM
ftr-322	453	5	)	)	PUNCT
ftr-322	453	6	.	.	PUNCT
ftr-322	454	1	58	58	NUM
ftr-322	454	2	.	.	PUNCT
ftr-322	454	3	i.r.c	i.r.c	NOUN
ftr-322	454	4	.	.	PUNCT
ftr-322	455	1	§	§	PROPN
ftr-322	455	2	168	168	NUM
ftr-322	455	3	.	.	PUNCT
ftr-322	455	4	59	59	NUM
ftr-322	455	5	.	.	PUNCT
ftr-322	455	6	i.r.c	i.r.c	NOUN
ftr-322	455	7	.	.	PUNCT
ftr-322	456	1	§	§	PROPN
ftr-322	456	2	702	702	NUM
ftr-322	456	3	.	.	NOUN
ftr-322	456	4	60	60	NUM
ftr-322	456	5	.	.	PUNCT
ftr-322	456	6	i.r.c	i.r.c	NOUN
ftr-322	456	7	.	.	PUNCT
ftr-322	457	1	§	§	PROPN
ftr-322	457	2	1016(a	1016(a	NUM
ftr-322	457	3	)	)	PUNCT
ftr-322	457	4	.	.	PUNCT
ftr-322	458	1	61	61	NUM
ftr-322	458	2	.	.	X
ftr-322	458	3	compare	compare	ADJ
ftr-322	458	4	i.r.c	i.r.c	NOUN
ftr-322	458	5	.	.	PUNCT
ftr-322	459	1	§	§	PROPN
ftr-322	459	2	§	§	PROPN
ftr-322	459	3	61(a	61(a	NUM
ftr-322	459	4	)	)	PUNCT
ftr-322	459	5	,	,	PUNCT
ftr-322	459	6	64	64	NUM
ftr-322	459	7	with	with	ADP
ftr-322	459	8	i.r.c	i.r.c	NOUN
ftr-322	459	9	.	.	PUNCT
ftr-322	460	1	§	§	PROPN
ftr-322	460	2	1221	1221	NUM
ftr-322	460	3	.	.	PUNCT
ftr-322	461	1	62	62	NUM
ftr-322	461	2	.	.	PUNCT
ftr-322	461	3	i.r.c	i.r.c	NOUN
ftr-322	461	4	.	.	PUNCT
ftr-322	462	1	§	§	PROPN
ftr-322	462	2	162(a	162(a	PROPN
ftr-322	462	3	)	)	PUNCT
ftr-322	462	4	.	.	PUNCT
ftr-322	463	1	if	if	SCONJ
ftr-322	463	2	,	,	PUNCT
ftr-322	463	3	however	however	ADV
ftr-322	463	4	,	,	PUNCT
ftr-322	463	5	a	a	PRON
ftr-322	463	6	enjoys	enjoy	VERB
ftr-322	463	7	the	the	DET
ftr-322	463	8	benefits	benefit	NOUN
ftr-322	463	9	over	over	ADP
ftr-322	463	10	time	time	NOUN
ftr-322	463	11	,	,	PUNCT
ftr-322	463	12	a	a	PRON
ftr-322	463	13	would	would	AUX
ftr-322	463	14	have	have	VERB
ftr-322	463	15	to	to	PART
ftr-322	463	16	capitalize	capitalize	VERB
ftr-322	463	17	the	the	DET
ftr-322	463	18	payment	payment	NOUN
ftr-322	463	19	under	under	ADP
ftr-322	463	20	section	section	NOUN
ftr-322	463	21	263	263	NUM
ftr-322	463	22	and	and	CCONJ
ftr-322	463	23	deduct	deduct	VERB
ftr-322	463	24	it	it	PRON
ftr-322	463	25	over	over	ADP
ftr-322	463	26	the	the	DET
ftr-322	463	27	useful	useful	ADJ
ftr-322	463	28	life	life	NOUN
ftr-322	463	29	of	of	ADP
ftr-322	463	30	the	the	DET
ftr-322	463	31	benefit	benefit	NOUN
ftr-322	463	32	provided	provide	VERB
ftr-322	463	33	,	,	PUNCT
ftr-322	463	34	assuming	assume	VERB
ftr-322	463	35	that	that	DET
ftr-322	463	36	period	period	NOUN
ftr-322	463	37	could	could	AUX
ftr-322	463	38	be	be	AUX
ftr-322	463	39	determined	determine	VERB
ftr-322	463	40	.	.	PUNCT
ftr-322	464	1	see	see	VERB
ftr-322	464	2	i.r.c	i.r.c	NOUN
ftr-322	464	3	.	.	PUNCT
ftr-322	465	1	§	§	PROPN
ftr-322	465	2	167	167	NUM
ftr-322	465	3	.	.	PUNCT
ftr-322	465	4	63	63	NUM
ftr-322	465	5	.	.	PUNCT
ftr-322	466	1	a‘s	a‘s	NOUN
ftr-322	466	2	basis	basis	NOUN
ftr-322	466	3	includes	include	VERB
ftr-322	466	4	a‘s	a‘s	NOUN
ftr-322	466	5	share	share	NOUN
ftr-322	466	6	of	of	ADP
ftr-322	466	7	the	the	DET
ftr-322	466	8	loan	loan	NOUN
ftr-322	466	9	.	.	PUNCT
ftr-322	467	1	i.r.c	i.r.c	NOUN
ftr-322	467	2	.	.	PUNCT
ftr-322	468	1	§	§	PROPN
ftr-322	468	2	752(a	752(a	PROPN
ftr-322	468	3	)	)	PUNCT
ftr-322	468	4	.	.	PUNCT
ftr-322	469	1	2012	2012	NUM
ftr-322	469	2	]	]	PUNCT
ftr-322	469	3	special	special	ADJ
ftr-322	469	4	allocations	allocation	NOUN
ftr-322	469	5	revisited	revisit	VERB
ftr-322	469	6	369	369	NUM
ftr-322	469	7	deemed	deem	VERB
ftr-322	469	8	distribution	distribution	NOUN
ftr-322	469	9	of	of	ADP
ftr-322	469	10	the	the	DET
ftr-322	469	11	same	same	ADJ
ftr-322	469	12	from	from	ADP
ftr-322	469	13	the	the	DET
ftr-322	469	14	partnership	partnership	NOUN
ftr-322	469	15	to	to	AUX
ftr-322	469	16	b.	b.	PROPN
ftr-322	469	17	64	64	NUM
ftr-322	469	18	the	the	DET
ftr-322	469	19	resulting	result	VERB
ftr-322	469	20	balance	balance	NOUN
ftr-322	469	21	sheet	sheet	NOUN
ftr-322	469	22	is	be	AUX
ftr-322	469	23	depicted	depict	VERB
ftr-322	469	24	in	in	ADP
ftr-322	469	25	table	table	NOUN
ftr-322	469	26	2	2	NUM
ftr-322	469	27	.	.	PUNCT
ftr-322	470	1	this	this	DET
ftr-322	470	2	table	table	NOUN
ftr-322	470	3	is	be	AUX
ftr-322	470	4	identical	identical	ADJ
ftr-322	470	5	to	to	ADP
ftr-322	470	6	the	the	DET
ftr-322	470	7	table	table	NOUN
ftr-322	470	8	that	that	PRON
ftr-322	470	9	results	result	VERB
ftr-322	470	10	simply	simply	ADV
ftr-322	470	11	from	from	ADP
ftr-322	470	12	allocating	allocate	VERB
ftr-322	470	13	depreciation	depreciation	NOUN
ftr-322	470	14	to	to	ADP
ftr-322	470	15	a	a	PRON
ftr-322	470	16	under	under	ADP
ftr-322	470	17	the	the	DET
ftr-322	470	18	capital	capital	NOUN
ftr-322	470	19	accounting	accounting	NOUN
ftr-322	470	20	rules	rule	NOUN
ftr-322	470	21	.	.	PUNCT
ftr-322	471	1	table	table	NOUN
ftr-322	471	2	2	2	NUM
ftr-322	471	3	:	:	PUNCT
ftr-322	471	4	ab	ab	PROPN
ftr-322	471	5	balance	balance	NOUN
ftr-322	471	6	sheet	sheet	NOUN
ftr-322	471	7	at	at	ADP
ftr-322	471	8	end	end	NOUN
ftr-322	471	9	of	of	ADP
ftr-322	471	10	year	year	NOUN
ftr-322	471	11	1	1	NUM
ftr-322	471	12	partnership	partnership	NOUN
ftr-322	471	13	assets	asset	NOUN
ftr-322	471	14	partnership	partnership	NOUN
ftr-322	471	15	liabilities	liability	NOUN
ftr-322	471	16	:	:	PUNCT
ftr-322	471	17	$	$	SYM
ftr-322	471	18	800	800	NUM
ftr-322	471	19	capital	capital	NOUN
ftr-322	471	20	accounts	account	NOUN
ftr-322	471	21	asset	asset	NOUN
ftr-322	471	22	a	a	DET
ftr-322	471	23	/	/	SYM
ftr-322	471	24	b	b	PROPN
ftr-322	471	25	book	book	NOUN
ftr-322	471	26	partner	partner	NOUN
ftr-322	471	27	a	a	DET
ftr-322	471	28	/	/	SYM
ftr-322	471	29	b	b	NOUN
ftr-322	471	30	book	book	NOUN
ftr-322	471	31	cash	cash	VERB
ftr-322	471	32	$	$	SYM
ftr-322	471	33	200	200	NUM
ftr-322	471	34	$	$	SYM
ftr-322	471	35	200	200	NUM
ftr-322	471	36	a	a	DET
ftr-322	471	37	$	$	SYM
ftr-322	471	38	550	550	NUM
ftr-322	471	39	$	$	SYM
ftr-322	471	40	150	150	NUM
ftr-322	471	41	factory	factory	NOUN
ftr-322	471	42	950	950	NUM
ftr-322	471	43	950	950	NUM
ftr-322	471	44	b	b	NUM
ftr-322	471	45	600	600	NUM
ftr-322	471	46	200	200	NUM
ftr-322	471	47	total	total	ADJ
ftr-322	471	48	$	$	SYM
ftr-322	471	49	1,150	1,150	NUM
ftr-322	471	50	$	$	SYM
ftr-322	471	51	1,150	1,150	NUM
ftr-322	471	52	total	total	NOUN
ftr-322	471	53	$	$	SYM
ftr-322	471	54	1,150	1,150	NUM
ftr-322	471	55	$	$	SYM
ftr-322	471	56	350	350	NUM
ftr-322	471	57	in	in	ADP
ftr-322	471	58	subsequent	subsequent	ADJ
ftr-322	471	59	years	year	NOUN
ftr-322	471	60	,	,	PUNCT
ftr-322	471	61	the	the	DET
ftr-322	471	62	depreciation	depreciation	NOUN
ftr-322	471	63	and	and	CCONJ
ftr-322	471	64	deemed	deem	VERB
ftr-322	471	65	transfer	transfer	NOUN
ftr-322	471	66	amounts	amount	NOUN
ftr-322	471	67	differ	differ	VERB
ftr-322	471	68	because	because	SCONJ
ftr-322	471	69	of	of	ADP
ftr-322	471	70	the	the	DET
ftr-322	471	71	different	different	ADJ
ftr-322	471	72	ownership	ownership	NOUN
ftr-322	471	73	ratios	ratio	NOUN
ftr-322	471	74	.	.	PUNCT
ftr-322	472	1	the	the	DET
ftr-322	472	2	net	net	ADJ
ftr-322	472	3	effect	effect	NOUN
ftr-322	472	4	is	be	AUX
ftr-322	472	5	an	an	DET
ftr-322	472	6	annual	annual	ADJ
ftr-322	472	7	transfer	transfer	NOUN
ftr-322	472	8	of	of	ADP
ftr-322	472	9	equity	equity	NOUN
ftr-322	472	10	from	from	ADP
ftr-322	472	11	a	a	PRON
ftr-322	472	12	to	to	ADP
ftr-322	472	13	b	b	NOUN
ftr-322	472	14	such	such	ADJ
ftr-322	472	15	that	that	SCONJ
ftr-322	472	16	a	a	DET
ftr-322	472	17	$	$	SYM
ftr-322	472	18	50	50	NUM
ftr-322	472	19	increase	increase	NOUN
ftr-322	472	20	in	in	ADP
ftr-322	472	21	the	the	DET
ftr-322	472	22	disparity	disparity	NOUN
ftr-322	472	23	between	between	ADP
ftr-322	472	24	the	the	DET
ftr-322	472	25	partners	partner	NOUN
ftr-322	472	26	‘	'	PUNCT
ftr-322	472	27	equity	equity	NOUN
ftr-322	472	28	arises	arise	VERB
ftr-322	472	29	each	each	DET
ftr-322	472	30	year	year	NOUN
ftr-322	472	31	.	.	PUNCT
ftr-322	473	1	for	for	ADP
ftr-322	473	2	example	example	NOUN
ftr-322	473	3	,	,	PUNCT
ftr-322	473	4	during	during	ADP
ftr-322	473	5	year	year	NOUN
ftr-322	473	6	2	2	NUM
ftr-322	473	7	,	,	PUNCT
ftr-322	473	8	b	b	NOUN
ftr-322	473	9	owns	own	VERB
ftr-322	473	10	4/7	4/7	NUM
ftr-322	473	11	(	(	PUNCT
ftr-322	473	12	$	$	SYM
ftr-322	473	13	200	200	NUM
ftr-322	473	14	)	)	PUNCT
ftr-322	473	15	and	and	CCONJ
ftr-322	473	16	a	a	DET
ftr-322	473	17	3/7	3/7	NUM
ftr-322	473	18	(	(	PUNCT
ftr-322	473	19	$	$	SYM
ftr-322	473	20	150	150	NUM
ftr-322	473	21	)	)	PUNCT
ftr-322	473	22	of	of	ADP
ftr-322	473	23	partnership	partnership	NOUN
ftr-322	473	24	equity	equity	NOUN
ftr-322	473	25	respectively	respectively	ADV
ftr-322	473	26	.	.	PUNCT
ftr-322	474	1	b	b	X
ftr-322	474	2	,	,	PUNCT
ftr-322	474	3	therefore	therefore	ADV
ftr-322	474	4	,	,	PUNCT
ftr-322	474	5	gets	get	VERB
ftr-322	474	6	$	$	SYM
ftr-322	474	7	28.57	28.57	NUM
ftr-322	474	8	in	in	ADP
ftr-322	474	9	depreciation	depreciation	NOUN
ftr-322	474	10	and	and	CCONJ
ftr-322	474	11	a	a	DET
ftr-322	474	12	$	$	SYM
ftr-322	474	13	21.43	21.43	NUM
ftr-322	474	14	leaving	leave	VERB
ftr-322	474	15	their	their	PRON
ftr-322	474	16	capital	capital	NOUN
ftr-322	474	17	account	account	NOUN
ftr-322	474	18	balances	balance	NOUN
ftr-322	474	19	at	at	ADP
ftr-322	474	20	$	$	SYM
ftr-322	474	21	171.43	171.43	NUM
ftr-322	474	22	and	and	CCONJ
ftr-322	474	23	$	$	SYM
ftr-322	474	24	128.57	128.57	NUM
ftr-322	474	25	,	,	PUNCT
ftr-322	474	26	respectively	respectively	ADV
ftr-322	474	27	.	.	PUNCT
ftr-322	475	1	a	a	PRON
ftr-322	475	2	then	then	ADV
ftr-322	475	3	transfers	transfer	VERB
ftr-322	475	4	a	a	DET
ftr-322	475	5	$	$	SYM
ftr-322	475	6	28.57	28.57	NUM
ftr-322	475	7	equity	equity	NOUN
ftr-322	475	8	interest	interest	NOUN
ftr-322	475	9	to	to	PART
ftr-322	475	10	b.	b.	VERB
ftr-322	475	11	in	in	ADP
ftr-322	475	12	year	year	NOUN
ftr-322	475	13	3	3	NUM
ftr-322	475	14	,	,	PUNCT
ftr-322	475	15	the	the	DET
ftr-322	475	16	ratio	ratio	NOUN
ftr-322	475	17	of	of	ADP
ftr-322	475	18	equity	equity	NOUN
ftr-322	475	19	ownership	ownership	NOUN
ftr-322	475	20	between	between	ADP
ftr-322	475	21	a	a	PRON
ftr-322	475	22	and	and	CCONJ
ftr-322	475	23	b	b	NOUN
ftr-322	475	24	is	be	AUX
ftr-322	475	25	1:2	1:2	NUM
ftr-322	475	26	(	(	PUNCT
ftr-322	475	27	$	$	SYM
ftr-322	475	28	100:$200	100:$200	NUM
ftr-322	475	29	)	)	PUNCT
ftr-322	475	30	,	,	PUNCT
ftr-322	475	31	meaning	mean	VERB
ftr-322	475	32	that	that	SCONJ
ftr-322	475	33	b	b	PROPN
ftr-322	475	34	has	have	VERB
ftr-322	475	35	a	a	DET
ftr-322	475	36	$	$	SYM
ftr-322	475	37	33.33	33.33	NUM
ftr-322	475	38	depreciation	depreciation	NOUN
ftr-322	475	39	deduction	deduction	NOUN
ftr-322	475	40	,	,	PUNCT
ftr-322	475	41	a‘s	a‘s	NOUN
ftr-322	475	42	is	be	AUX
ftr-322	475	43	$	$	SYM
ftr-322	475	44	16.67	16.67	NUM
ftr-322	475	45	,	,	PUNCT
ftr-322	475	46	and	and	CCONJ
ftr-322	475	47	a	a	DET
ftr-322	475	48	transfers	transfer	NOUN
ftr-322	475	49	$	$	SYM
ftr-322	475	50	33.33	33.33	NUM
ftr-322	475	51	in	in	ADP
ftr-322	475	52	partnership	partnership	NOUN
ftr-322	475	53	capital	capital	NOUN
ftr-322	475	54	to	to	ADP
ftr-322	475	55	b	b	NUM
ftr-322	475	56	,	,	PUNCT
ftr-322	475	57	leaving	leave	VERB
ftr-322	475	58	a	a	PRON
ftr-322	475	59	with	with	ADP
ftr-322	475	60	a	a	DET
ftr-322	475	61	$	$	SYM
ftr-322	475	62	50	50	NUM
ftr-322	475	63	capital	capital	NOUN
ftr-322	475	64	interest	interest	NOUN
ftr-322	475	65	,	,	PUNCT
ftr-322	475	66	or	or	CCONJ
ftr-322	475	67	one	one	NUM
ftr-322	475	68	-	-	PUNCT
ftr-322	475	69	fifth	fifth	NOUN
ftr-322	475	70	of	of	ADP
ftr-322	475	71	total	total	ADJ
ftr-322	475	72	partnership	partnership	NOUN
ftr-322	475	73	equity	equity	NOUN
ftr-322	475	74	and	and	CCONJ
ftr-322	475	75	b	b	NOUN
ftr-322	475	76	with	with	ADP
ftr-322	475	77	the	the	DET
ftr-322	475	78	remaining	remain	VERB
ftr-322	475	79	$	$	SYM
ftr-322	475	80	200	200	NUM
ftr-322	475	81	.	.	PUNCT
ftr-322	476	1	the	the	DET
ftr-322	476	2	second	second	ADJ
ftr-322	476	3	way	way	NOUN
ftr-322	476	4	of	of	ADP
ftr-322	476	5	viewing	view	VERB
ftr-322	476	6	the	the	DET
ftr-322	476	7	special	special	ADJ
ftr-322	476	8	allocation	allocation	NOUN
ftr-322	476	9	is	be	AUX
ftr-322	476	10	as	as	ADP
ftr-322	476	11	an	an	DET
ftr-322	476	12	agreement	agreement	NOUN
ftr-322	476	13	for	for	SCONJ
ftr-322	476	14	ab	ab	PROPN
ftr-322	476	15	to	to	PART
ftr-322	476	16	make	make	VERB
ftr-322	476	17	an	an	DET
ftr-322	476	18	annual	annual	ADJ
ftr-322	476	19	guaranteed	guarantee	VERB
ftr-322	476	20	payment	payment	NOUN
ftr-322	476	21	to	to	ADP
ftr-322	476	22	b	b	PROPN
ftr-322	476	23	(	(	PUNCT
ftr-322	476	24	for	for	ADP
ftr-322	476	25	as	as	ADV
ftr-322	476	26	long	long	ADV
ftr-322	476	27	as	as	SCONJ
ftr-322	476	28	the	the	DET
ftr-322	476	29	partnership	partnership	NOUN
ftr-322	476	30	holds	hold	VERB
ftr-322	476	31	factory	factory	NOUN
ftr-322	476	32	)	)	PUNCT
ftr-322	476	33	followed	follow	VERB
ftr-322	476	34	by	by	ADP
ftr-322	476	35	a	a	DET
ftr-322	476	36	deemed	deem	VERB
ftr-322	476	37	contribution	contribution	NOUN
ftr-322	476	38	of	of	ADP
ftr-322	476	39	the	the	DET
ftr-322	476	40	payment	payment	NOUN
ftr-322	476	41	back	back	ADV
ftr-322	476	42	to	to	ADP
ftr-322	476	43	ab	ab	PROPN
ftr-322	476	44	(	(	PUNCT
ftr-322	476	45	since	since	SCONJ
ftr-322	476	46	no	no	DET
ftr-322	476	47	distribution	distribution	NOUN
ftr-322	476	48	of	of	ADP
ftr-322	476	49	the	the	DET
ftr-322	476	50	payment	payment	NOUN
ftr-322	476	51	actually	actually	ADV
ftr-322	476	52	occurs	occur	VERB
ftr-322	476	53	)	)	PUNCT
ftr-322	476	54	.	.	PUNCT
ftr-322	477	1	such	such	DET
ftr-322	477	2	a	a	DET
ftr-322	477	3	payment	payment	NOUN
ftr-322	477	4	is	be	AUX
ftr-322	477	5	governed	govern	VERB
ftr-322	477	6	by	by	ADP
ftr-322	477	7	section	section	NOUN
ftr-322	477	8	707(c	707(c	PROPN
ftr-322	477	9	)	)	PUNCT
ftr-322	477	10	,	,	PUNCT
ftr-322	477	11	which	which	PRON
ftr-322	477	12	generally	generally	ADV
ftr-322	477	13	applies	apply	VERB
ftr-322	477	14	to	to	ADP
ftr-322	477	15	amounts	amount	NOUN
ftr-322	477	16	paid	pay	VERB
ftr-322	477	17	to	to	ADP
ftr-322	477	18	a	a	DET
ftr-322	477	19	partner	partner	NOUN
ftr-322	477	20	that	that	PRON
ftr-322	477	21	do	do	AUX
ftr-322	477	22	not	not	PART
ftr-322	477	23	depend	depend	VERB
ftr-322	477	24	on	on	ADP
ftr-322	477	25	partnership	partnership	NOUN
ftr-322	477	26	profits	profit	NOUN
ftr-322	477	27	,	,	PUNCT
ftr-322	477	28	while	while	SCONJ
ftr-322	477	29	the	the	DET
ftr-322	477	30	deemed	deem	VERB
ftr-322	477	31	contribution	contribution	NOUN
ftr-322	477	32	back	back	ADV
ftr-322	477	33	is	be	AUX
ftr-322	477	34	described	describe	VERB
ftr-322	477	35	in	in	ADP
ftr-322	477	36	section	section	NOUN
ftr-322	477	37	721(a	721(a	PROPN
ftr-322	477	38	)	)	PUNCT
ftr-322	477	39	.	.	PUNCT
ftr-322	478	1	the	the	DET
ftr-322	478	2	theory	theory	NOUN
ftr-322	478	3	supporting	support	VERB
ftr-322	478	4	this	this	DET
ftr-322	478	5	characterization	characterization	NOUN
ftr-322	478	6	would	would	AUX
ftr-322	478	7	be	be	AUX
ftr-322	478	8	that	that	SCONJ
ftr-322	478	9	b	b	NOUN
ftr-322	478	10	receives	receive	VERB
ftr-322	478	11	the	the	DET
ftr-322	478	12	―payment‖	―payment‖	NOUN
ftr-322	478	13	from	from	ADP
ftr-322	478	14	the	the	DET
ftr-322	478	15	partnership	partnership	NOUN
ftr-322	478	16	without	without	ADP
ftr-322	478	17	regard	regard	NOUN
ftr-322	478	18	to	to	ADP
ftr-322	478	19	partnership	partnership	NOUN
ftr-322	478	20	income	income	NOUN
ftr-322	478	21	.	.	PUNCT
ftr-322	479	1	65	65	NUM
ftr-322	479	2	consequently	consequently	ADV
ftr-322	479	3	,	,	PUNCT
ftr-322	479	4	it	it	PRON
ftr-322	479	5	is	be	AUX
ftr-322	479	6	not	not	PART
ftr-322	479	7	an	an	DET
ftr-322	479	8	equity	equity	NOUN
ftr-322	479	9	payment	payment	NOUN
ftr-322	479	10	but	but	CCONJ
ftr-322	479	11	a	a	DET
ftr-322	479	12	non	non	ADJ
ftr-322	479	13	-	-	ADJ
ftr-322	479	14	equity	equity	NOUN
ftr-322	479	15	-	-	PUNCT
ftr-322	479	16	based	base	VERB
ftr-322	479	17	form	form	NOUN
ftr-322	479	18	of	of	ADP
ftr-322	479	19	compensation	compensation	NOUN
ftr-322	479	20	.	.	PUNCT
ftr-322	480	1	as	as	ADP
ftr-322	480	2	64	64	NUM
ftr-322	480	3	.	.	PUNCT
ftr-322	481	1	section	section	NOUN
ftr-322	481	2	752	752	NUM
ftr-322	481	3	generally	generally	ADV
ftr-322	481	4	treats	treat	VERB
ftr-322	481	5	an	an	DET
ftr-322	481	6	assumption	assumption	NOUN
ftr-322	481	7	of	of	ADP
ftr-322	481	8	a	a	DET
ftr-322	481	9	liability	liability	NOUN
ftr-322	481	10	as	as	ADP
ftr-322	481	11	the	the	DET
ftr-322	481	12	payment	payment	NOUN
ftr-322	481	13	of	of	ADP
ftr-322	481	14	cash	cash	NOUN
ftr-322	481	15	and	and	CCONJ
ftr-322	481	16	the	the	DET
ftr-322	481	17	off	off	ADV
ftr-322	481	18	-	-	PUNCT
ftr-322	481	19	loading	loading	NOUN
ftr-322	481	20	of	of	ADP
ftr-322	481	21	one	one	NUM
ftr-322	481	22	as	as	ADP
ftr-322	481	23	the	the	DET
ftr-322	481	24	receipt	receipt	NOUN
ftr-322	481	25	of	of	ADP
ftr-322	481	26	cash	cash	NOUN
ftr-322	481	27	.	.	PUNCT
ftr-322	482	1	see	see	VERB
ftr-322	482	2	i.r.c	i.r.c	NOUN
ftr-322	482	3	.	.	PUNCT
ftr-322	483	1	§	§	PROPN
ftr-322	483	2	752(a	752(a	PROPN
ftr-322	483	3	)	)	PUNCT
ftr-322	483	4	,	,	PUNCT
ftr-322	483	5	(	(	PUNCT
ftr-322	483	6	b	b	NOUN
ftr-322	483	7	)	)	PUNCT
ftr-322	483	8	.	.	PUNCT
ftr-322	484	1	65	65	NUM
ftr-322	484	2	.	.	PUNCT
ftr-322	484	3	i.r.c	i.r.c	NOUN
ftr-322	484	4	.	.	PUNCT
ftr-322	485	1	§	§	PROPN
ftr-322	485	2	707(c	707(c	PROPN
ftr-322	485	3	)	)	PUNCT
ftr-322	485	4	provides	provide	VERB
ftr-322	485	5	:	:	PUNCT
ftr-322	485	6	―to	―to	NOUN
ftr-322	485	7	the	the	DET
ftr-322	485	8	extent	extent	NOUN
ftr-322	485	9	determined	determine	VERB
ftr-322	485	10	without	without	ADP
ftr-322	485	11	regard	regard	NOUN
ftr-322	485	12	to	to	ADP
ftr-322	485	13	the	the	DET
ftr-322	485	14	income	income	NOUN
ftr-322	485	15	of	of	ADP
ftr-322	485	16	the	the	DET
ftr-322	485	17	partnership	partnership	NOUN
ftr-322	485	18	,	,	PUNCT
ftr-322	485	19	payments	payment	NOUN
ftr-322	485	20	to	to	ADP
ftr-322	485	21	a	a	DET
ftr-322	485	22	partner	partner	NOUN
ftr-322	485	23	for	for	ADP
ftr-322	485	24	services	service	NOUN
ftr-322	485	25	or	or	CCONJ
ftr-322	485	26	the	the	DET
ftr-322	485	27	use	use	NOUN
ftr-322	485	28	of	of	ADP
ftr-322	485	29	capital	capital	NOUN
ftr-322	485	30	shall	shall	AUX
ftr-322	485	31	be	be	AUX
ftr-322	485	32	considered	consider	VERB
ftr-322	485	33	as	as	SCONJ
ftr-322	485	34	made	make	VERB
ftr-322	485	35	to	to	ADP
ftr-322	485	36	one	one	NUM
ftr-322	485	37	who	who	PRON
ftr-322	485	38	is	be	AUX
ftr-322	485	39	not	not	PART
ftr-322	485	40	a	a	DET
ftr-322	485	41	member	member	NOUN
ftr-322	485	42	of	of	ADP
ftr-322	485	43	the	the	DET
ftr-322	485	44	partnership	partnership	NOUN
ftr-322	485	45	,	,	PUNCT
ftr-322	485	46	but	but	CCONJ
ftr-322	485	47	only	only	ADV
ftr-322	485	48	for	for	ADP
ftr-322	485	49	the	the	DET
ftr-322	485	50	purposes	purpose	NOUN
ftr-322	485	51	of	of	ADP
ftr-322	485	52	section	section	NOUN
ftr-322	485	53	61(a	61(a	NUM
ftr-322	485	54	)	)	PUNCT
ftr-322	485	55	(	(	PUNCT
ftr-322	485	56	relating	relate	VERB
ftr-322	485	57	to	to	ADP
ftr-322	485	58	gross	gross	ADJ
ftr-322	485	59	income	income	NOUN
ftr-322	485	60	)	)	PUNCT
ftr-322	485	61	and	and	CCONJ
ftr-322	485	62	,	,	PUNCT
ftr-322	485	63	subject	subject	ADJ
ftr-322	485	64	to	to	ADP
ftr-322	485	65	section	section	NOUN
ftr-322	485	66	263	263	NUM
ftr-322	485	67	,	,	PUNCT
ftr-322	485	68	for	for	ADP
ftr-322	485	69	purposes	purpose	NOUN
ftr-322	485	70	of	of	ADP
ftr-322	485	71	section	section	NOUN
ftr-322	485	72	162(a	162(a	PROPN
ftr-322	485	73	)	)	PUNCT
ftr-322	485	74	(	(	PUNCT
ftr-322	485	75	relating	relate	VERB
ftr-322	485	76	to	to	ADP
ftr-322	485	77	trade	trade	NOUN
ftr-322	485	78	or	or	CCONJ
ftr-322	485	79	business	business	NOUN
ftr-322	485	80	expenses).‖	expenses).‖	NOUN
ftr-322	485	81	370	370	NUM
ftr-322	485	82	florida	florida	PROPN
ftr-322	485	83	tax	tax	NOUN
ftr-322	485	84	review	review	NOUN
ftr-322	486	1	[	[	X
ftr-322	486	2	vol	vol	NOUN
ftr-322	486	3	.	.	PUNCT
ftr-322	487	1	13:7	13:7	NUM
ftr-322	487	2	contrasted	contrast	VERB
ftr-322	487	3	with	with	ADP
ftr-322	487	4	a	a	DET
ftr-322	487	5	partner‘s	partner‘s	ADJ
ftr-322	487	6	distributive	distributive	ADJ
ftr-322	487	7	share	share	NOUN
ftr-322	487	8	,	,	PUNCT
ftr-322	487	9	guaranteed	guarantee	VERB
ftr-322	487	10	payments	payment	NOUN
ftr-322	487	11	are	be	AUX
ftr-322	487	12	always	always	ADV
ftr-322	487	13	ordinary	ordinary	ADJ
ftr-322	487	14	income	income	NOUN
ftr-322	487	15	to	to	ADP
ftr-322	487	16	the	the	DET
ftr-322	487	17	partner	partner	NOUN
ftr-322	487	18	and	and	CCONJ
ftr-322	487	19	either	either	CCONJ
ftr-322	487	20	deductible	deductible	ADJ
ftr-322	487	21	or	or	CCONJ
ftr-322	487	22	capitalizable	capitalizable	ADJ
ftr-322	487	23	by	by	ADP
ftr-322	487	24	the	the	DET
ftr-322	487	25	partnership	partnership	NOUN
ftr-322	487	26	depending	depend	VERB
ftr-322	487	27	upon	upon	SCONJ
ftr-322	487	28	the	the	DET
ftr-322	487	29	nature	nature	NOUN
ftr-322	487	30	of	of	ADP
ftr-322	487	31	the	the	DET
ftr-322	487	32	benefit	benefit	NOUN
ftr-322	487	33	provided	provide	VERB
ftr-322	487	34	to	to	ADP
ftr-322	487	35	the	the	DET
ftr-322	487	36	partnership	partnership	NOUN
ftr-322	487	37	as	as	SCONJ
ftr-322	487	38	determined	determine	VERB
ftr-322	487	39	under	under	ADP
ftr-322	487	40	sections	section	NOUN
ftr-322	487	41	162	162	NUM
ftr-322	487	42	and	and	CCONJ
ftr-322	487	43	263	263	NUM
ftr-322	487	44	.	.	PUNCT
ftr-322	488	1	66	66	NUM
ftr-322	489	1	the	the	DET
ftr-322	489	2	overall	overall	ADJ
ftr-322	489	3	effect	effect	NOUN
ftr-322	489	4	is	be	AUX
ftr-322	489	5	identical	identical	ADJ
ftr-322	489	6	to	to	ADP
ftr-322	489	7	the	the	DET
ftr-322	489	8	results	result	NOUN
ftr-322	489	9	under	under	ADP
ftr-322	489	10	the	the	DET
ftr-322	489	11	capital	capital	NOUN
ftr-322	489	12	shift	shift	NOUN
ftr-322	489	13	:	:	PUNCT
ftr-322	489	14	each	each	DET
ftr-322	489	15	partner	partner	NOUN
ftr-322	489	16	takes	take	VERB
ftr-322	489	17	a	a	DET
ftr-322	489	18	$	$	SYM
ftr-322	489	19	25	25	NUM
ftr-322	489	20	depreciation	depreciation	NOUN
ftr-322	489	21	deduction	deduction	NOUN
ftr-322	489	22	.	.	PUNCT
ftr-322	490	1	the	the	DET
ftr-322	490	2	deemed	deem	VERB
ftr-322	490	3	payment	payment	NOUN
ftr-322	490	4	to	to	ADP
ftr-322	490	5	b	b	NOUN
ftr-322	490	6	generates	generate	VERB
ftr-322	490	7	a	a	DET
ftr-322	490	8	$	$	SYM
ftr-322	490	9	50	50	NUM
ftr-322	490	10	deduction	deduction	NOUN
ftr-322	490	11	under	under	ADP
ftr-322	490	12	section	section	NOUN
ftr-322	490	13	162(a	162(a	PROPN
ftr-322	490	14	)	)	PUNCT
ftr-322	490	15	,	,	PUNCT
ftr-322	490	16	which	which	PRON
ftr-322	490	17	is	be	AUX
ftr-322	490	18	shared	share	VERB
ftr-322	490	19	equally	equally	ADV
ftr-322	490	20	by	by	ADP
ftr-322	490	21	a	a	PRON
ftr-322	490	22	and	and	CCONJ
ftr-322	490	23	b.	b.	NOUN
ftr-322	490	24	with	with	ADP
ftr-322	490	25	the	the	DET
ftr-322	490	26	depreciation	depreciation	NOUN
ftr-322	490	27	deduction	deduction	NOUN
ftr-322	490	28	,	,	PUNCT
ftr-322	490	29	each	each	DET
ftr-322	490	30	partner‘s	partner‘s	ADJ
ftr-322	490	31	capital	capital	NOUN
ftr-322	490	32	account	account	NOUN
ftr-322	490	33	drops	drop	NOUN
ftr-322	490	34	by	by	ADP
ftr-322	490	35	$	$	SYM
ftr-322	490	36	50	50	NUM
ftr-322	490	37	,	,	PUNCT
ftr-322	490	38	and	and	CCONJ
ftr-322	490	39	each	each	PRON
ftr-322	490	40	enjoys	enjoy	VERB
ftr-322	490	41	a	a	DET
ftr-322	490	42	$	$	SYM
ftr-322	490	43	50	50	NUM
ftr-322	490	44	deduction	deduction	NOUN
ftr-322	490	45	.	.	PUNCT
ftr-322	491	1	separately	separately	ADV
ftr-322	491	2	,	,	PUNCT
ftr-322	491	3	b	b	PROPN
ftr-322	491	4	has	have	VERB
ftr-322	491	5	a	a	DET
ftr-322	491	6	$	$	SYM
ftr-322	491	7	50	50	NUM
ftr-322	491	8	ordinary	ordinary	ADJ
ftr-322	491	9	inclusion	inclusion	NOUN
ftr-322	491	10	from	from	ADP
ftr-322	491	11	the	the	DET
ftr-322	491	12	guaranteed	guarantee	VERB
ftr-322	491	13	payment	payment	NOUN
ftr-322	491	14	,	,	PUNCT
ftr-322	491	15	and	and	CCONJ
ftr-322	491	16	the	the	DET
ftr-322	491	17	deemed	deem	VERB
ftr-322	491	18	contribution	contribution	NOUN
ftr-322	491	19	of	of	ADP
ftr-322	491	20	the	the	DET
ftr-322	491	21	payment	payment	NOUN
ftr-322	491	22	back	back	ADV
ftr-322	491	23	to	to	ADP
ftr-322	491	24	ab	ab	PROPN
ftr-322	491	25	increases	increase	NOUN
ftr-322	491	26	b‘s	b‘s	PROPN
ftr-322	491	27	outside	outside	ADJ
ftr-322	491	28	basis	basis	NOUN
ftr-322	491	29	and	and	CCONJ
ftr-322	491	30	capital	capital	NOUN
ftr-322	491	31	account	account	NOUN
ftr-322	491	32	by	by	ADP
ftr-322	491	33	$	$	SYM
ftr-322	491	34	50	50	NUM
ftr-322	491	35	returning	return	VERB
ftr-322	491	36	both	both	PRON
ftr-322	491	37	to	to	ADP
ftr-322	491	38	where	where	SCONJ
ftr-322	491	39	they	they	PRON
ftr-322	491	40	were	be	AUX
ftr-322	491	41	at	at	ADP
ftr-322	491	42	the	the	DET
ftr-322	491	43	beginning	beginning	NOUN
ftr-322	491	44	of	of	ADP
ftr-322	491	45	year	year	NOUN
ftr-322	491	46	1	1	NUM
ftr-322	491	47	.	.	PUNCT
ftr-322	492	1	in	in	ADP
ftr-322	492	2	subsequent	subsequent	ADJ
ftr-322	492	3	years	year	NOUN
ftr-322	492	4	,	,	PUNCT
ftr-322	492	5	the	the	DET
ftr-322	492	6	same	same	ADJ
ftr-322	492	7	cycle	cycle	NOUN
ftr-322	492	8	occurs	occur	VERB
ftr-322	492	9	,	,	PUNCT
ftr-322	492	10	but	but	CCONJ
ftr-322	492	11	the	the	DET
ftr-322	492	12	size	size	NOUN
ftr-322	492	13	of	of	ADP
ftr-322	492	14	the	the	DET
ftr-322	492	15	payments	payment	NOUN
ftr-322	492	16	increases	increase	VERB
ftr-322	492	17	in	in	ADP
ftr-322	492	18	order	order	NOUN
ftr-322	492	19	to	to	PART
ftr-322	492	20	ensure	ensure	VERB
ftr-322	492	21	that	that	SCONJ
ftr-322	492	22	an	an	DET
ftr-322	492	23	additional	additional	ADJ
ftr-322	492	24	$	$	SYM
ftr-322	492	25	50	50	NUM
ftr-322	492	26	disparity	disparity	NOUN
ftr-322	492	27	in	in	ADP
ftr-322	492	28	capital	capital	NOUN
ftr-322	492	29	account	account	NOUN
ftr-322	492	30	balances	balance	NOUN
ftr-322	492	31	between	between	ADP
ftr-322	492	32	a	a	DET
ftr-322	492	33	and	and	CCONJ
ftr-322	492	34	b	b	NOUN
ftr-322	492	35	occurs	occur	NOUN
ftr-322	492	36	.	.	PUNCT
ftr-322	493	1	67	67	NUM
ftr-322	494	1	although	although	SCONJ
ftr-322	494	2	the	the	DET
ftr-322	494	3	guaranteed	guarantee	VERB
ftr-322	494	4	payment	payment	NOUN
ftr-322	494	5	characterization	characterization	NOUN
ftr-322	494	6	and	and	CCONJ
ftr-322	494	7	capital	capital	NOUN
ftr-322	494	8	shift	shift	NOUN
ftr-322	494	9	analysis	analysis	NOUN
ftr-322	494	10	come	come	VERB
ftr-322	494	11	out	out	ADP
ftr-322	494	12	the	the	DET
ftr-322	494	13	same	same	ADJ
ftr-322	494	14	on	on	ADP
ftr-322	494	15	the	the	DET
ftr-322	494	16	facts	fact	NOUN
ftr-322	494	17	of	of	ADP
ftr-322	494	18	the	the	DET
ftr-322	494	19	example	example	NOUN
ftr-322	494	20	,	,	PUNCT
ftr-322	494	21	the	the	DET
ftr-322	494	22	capital	capital	NOUN
ftr-322	494	23	shift	shift	NOUN
ftr-322	494	24	analysis	analysis	NOUN
ftr-322	494	25	is	be	AUX
ftr-322	494	26	more	more	ADV
ftr-322	494	27	general	general	ADJ
ftr-322	494	28	.	.	PUNCT
ftr-322	495	1	not	not	PART
ftr-322	495	2	every	every	DET
ftr-322	495	3	special	special	ADJ
ftr-322	495	4	allocation	allocation	NOUN
ftr-322	495	5	can	can	AUX
ftr-322	495	6	be	be	AUX
ftr-322	495	7	recharacterized	recharacterize	VERB
ftr-322	495	8	as	as	ADP
ftr-322	495	9	a	a	DET
ftr-322	495	10	guaranteed	guarantee	VERB
ftr-322	495	11	payment	payment	NOUN
ftr-322	495	12	,	,	PUNCT
ftr-322	495	13	because	because	SCONJ
ftr-322	495	14	a	a	DET
ftr-322	495	15	special	special	ADJ
ftr-322	495	16	allocation	allocation	NOUN
ftr-322	495	17	may	may	AUX
ftr-322	495	18	be	be	AUX
ftr-322	495	19	equity	equity	NOUN
ftr-322	495	20	-	-	PUNCT
ftr-322	495	21	based	base	VERB
ftr-322	495	22	.	.	PUNCT
ftr-322	496	1	for	for	ADP
ftr-322	496	2	example	example	NOUN
ftr-322	496	3	,	,	PUNCT
ftr-322	496	4	a	a	DET
ftr-322	496	5	special	special	ADJ
ftr-322	496	6	allocation	allocation	NOUN
ftr-322	496	7	could	could	AUX
ftr-322	496	8	accord	accord	VERB
ftr-322	496	9	a	a	DET
ftr-322	496	10	disproportionate	disproportionate	ADJ
ftr-322	496	11	percentage	percentage	NOUN
ftr-322	496	12	of	of	ADP
ftr-322	496	13	net	net	ADJ
ftr-322	496	14	capital	capital	NOUN
ftr-322	496	15	gain	gain	NOUN
ftr-322	496	16	of	of	ADP
ftr-322	496	17	the	the	DET
ftr-322	496	18	partnership	partnership	NOUN
ftr-322	496	19	to	to	ADP
ftr-322	496	20	a	a	DET
ftr-322	496	21	partner	partner	NOUN
ftr-322	496	22	.	.	PUNCT
ftr-322	497	1	because	because	SCONJ
ftr-322	497	2	the	the	DET
ftr-322	497	3	size	size	NOUN
ftr-322	497	4	of	of	ADP
ftr-322	497	5	such	such	DET
ftr-322	497	6	a	a	DET
ftr-322	497	7	special	special	ADJ
ftr-322	497	8	allocation	allocation	NOUN
ftr-322	497	9	is	be	AUX
ftr-322	497	10	determined	determine	VERB
ftr-322	497	11	by	by	ADP
ftr-322	497	12	an	an	DET
ftr-322	497	13	item	item	NOUN
ftr-322	497	14	of	of	ADP
ftr-322	497	15	partnership	partnership	NOUN
ftr-322	497	16	income	income	NOUN
ftr-322	497	17	,	,	PUNCT
ftr-322	497	18	the	the	DET
ftr-322	497	19	guaranteed	guarantee	VERB
ftr-322	497	20	payment	payment	NOUN
ftr-322	497	21	analysis	analysis	NOUN
ftr-322	497	22	is	be	AUX
ftr-322	497	23	inapt	inapt	ADJ
ftr-322	497	24	.	.	PUNCT
ftr-322	498	1	accordingly	accordingly	ADV
ftr-322	498	2	,	,	PUNCT
ftr-322	498	3	the	the	DET
ftr-322	498	4	rest	rest	NOUN
ftr-322	498	5	of	of	ADP
ftr-322	498	6	the	the	DET
ftr-322	498	7	discussion	discussion	NOUN
ftr-322	498	8	compares	compare	VERB
ftr-322	498	9	results	result	NOUN
ftr-322	498	10	under	under	ADP
ftr-322	498	11	current	current	ADJ
ftr-322	498	12	law	law	NOUN
ftr-322	498	13	to	to	ADP
ftr-322	498	14	those	those	PRON
ftr-322	498	15	under	under	ADP
ftr-322	498	16	the	the	DET
ftr-322	498	17	more	more	ADV
ftr-322	498	18	general	general	ADJ
ftr-322	498	19	capital	capital	NOUN
ftr-322	498	20	shift	shift	NOUN
ftr-322	498	21	analysis	analysis	NOUN
ftr-322	498	22	.	.	PUNCT
ftr-322	499	1	as	as	SCONJ
ftr-322	499	2	indicated	indicate	VERB
ftr-322	499	3	,	,	PUNCT
ftr-322	499	4	the	the	DET
ftr-322	499	5	balance	balance	NOUN
ftr-322	499	6	sheet	sheet	NOUN
ftr-322	499	7	in	in	ADP
ftr-322	499	8	table	table	NOUN
ftr-322	499	9	2	2	NUM
ftr-322	499	10	is	be	AUX
ftr-322	499	11	identical	identical	ADJ
ftr-322	499	12	to	to	ADP
ftr-322	499	13	the	the	DET
ftr-322	499	14	balance	balance	NOUN
ftr-322	499	15	sheet	sheet	NOUN
ftr-322	499	16	ab	ab	PROPN
ftr-322	499	17	will	will	AUX
ftr-322	499	18	have	have	VERB
ftr-322	499	19	under	under	ADP
ftr-322	499	20	the	the	DET
ftr-322	499	21	special	special	ADJ
ftr-322	499	22	allocation	allocation	NOUN
ftr-322	499	23	regulations	regulation	NOUN
ftr-322	499	24	after	after	ADP
ftr-322	499	25	one	one	NUM
ftr-322	499	26	year	year	NOUN
ftr-322	499	27	simply	simply	ADV
ftr-322	499	28	by	by	ADP
ftr-322	499	29	assigning	assign	VERB
ftr-322	499	30	the	the	DET
ftr-322	499	31	depreciation	depreciation	NOUN
ftr-322	499	32	on	on	ADP
ftr-322	499	33	factory	factory	NOUN
ftr-322	499	34	to	to	ADP
ftr-322	499	35	a.	a.	NOUN
ftr-322	499	36	68	68	NUM
ftr-322	499	37	the	the	DET
ftr-322	499	38	agreement	agreement	NOUN
ftr-322	499	39	of	of	ADP
ftr-322	499	40	the	the	DET
ftr-322	499	41	66	66	NUM
ftr-322	499	42	.	.	PUNCT
ftr-322	500	1	reg	reg	NOUN
ftr-322	500	2	.	.	PUNCT
ftr-322	501	1	§	§	PROPN
ftr-322	501	2	1.707	1.707	NUM
ftr-322	501	3	-	-	SYM
ftr-322	501	4	1(c	1(c	NUM
ftr-322	501	5	)	)	PUNCT
ftr-322	501	6	.	.	PUNCT
ftr-322	502	1	67	67	NUM
ftr-322	502	2	.	.	PUNCT
ftr-322	503	1	at	at	ADP
ftr-322	503	2	the	the	DET
ftr-322	503	3	beginning	beginning	NOUN
ftr-322	503	4	of	of	ADP
ftr-322	503	5	year	year	NOUN
ftr-322	503	6	2	2	NUM
ftr-322	503	7	,	,	PUNCT
ftr-322	503	8	a‘s	a‘s	NOUN
ftr-322	503	9	capital	capital	NOUN
ftr-322	503	10	account	account	NOUN
ftr-322	503	11	is	be	AUX
ftr-322	503	12	$	$	SYM
ftr-322	503	13	150	150	NUM
ftr-322	503	14	and	and	CCONJ
ftr-322	503	15	b‘s	b‘s	NOUN
ftr-322	503	16	is	be	AUX
ftr-322	503	17	$	$	SYM
ftr-322	503	18	200	200	NUM
ftr-322	503	19	,	,	PUNCT
ftr-322	503	20	meaning	mean	VERB
ftr-322	503	21	a	a	DET
ftr-322	503	22	owns	own	VERB
ftr-322	503	23	three	three	NUM
ftr-322	503	24	-	-	PUNCT
ftr-322	503	25	sevenths	seventh	NOUN
ftr-322	503	26	of	of	ADP
ftr-322	503	27	ab	ab	PROPN
ftr-322	503	28	and	and	CCONJ
ftr-322	503	29	b	b	PROPN
ftr-322	503	30	owns	own	VERB
ftr-322	503	31	four	four	NUM
ftr-322	503	32	-	-	PUNCT
ftr-322	503	33	sevenths	seventh	NOUN
ftr-322	503	34	.	.	PUNCT
ftr-322	504	1	based	base	VERB
ftr-322	504	2	on	on	ADP
ftr-322	504	3	their	their	PRON
ftr-322	504	4	relative	relative	ADJ
ftr-322	504	5	ownership	ownership	NOUN
ftr-322	504	6	interests	interest	NOUN
ftr-322	504	7	,	,	PUNCT
ftr-322	504	8	the	the	DET
ftr-322	504	9	$	$	SYM
ftr-322	504	10	50	50	NUM
ftr-322	504	11	depreciation	depreciation	NOUN
ftr-322	504	12	deduction	deduction	NOUN
ftr-322	504	13	will	will	AUX
ftr-322	504	14	be	be	AUX
ftr-322	504	15	allocated	allocate	VERB
ftr-322	504	16	$	$	SYM
ftr-322	504	17	21.43	21.43	NUM
ftr-322	504	18	to	to	ADP
ftr-322	504	19	a	a	PRON
ftr-322	504	20	and	and	CCONJ
ftr-322	504	21	$	$	SYM
ftr-322	504	22	28.57	28.57	NUM
ftr-322	504	23	to	to	PART
ftr-322	504	24	b.	b.	VERB
ftr-322	504	25	the	the	DET
ftr-322	504	26	amount	amount	NOUN
ftr-322	504	27	of	of	ADP
ftr-322	504	28	the	the	DET
ftr-322	504	29	guaranteed	guarantee	VERB
ftr-322	504	30	payment	payment	NOUN
ftr-322	504	31	must	must	AUX
ftr-322	504	32	be	be	AUX
ftr-322	504	33	such	such	ADJ
ftr-322	504	34	that	that	SCONJ
ftr-322	504	35	,	,	PUNCT
ftr-322	504	36	when	when	SCONJ
ftr-322	504	37	three	three	NUM
ftr-322	504	38	-	-	PUNCT
ftr-322	504	39	sevenths	seventh	NOUN
ftr-322	504	40	of	of	ADP
ftr-322	504	41	it	it	PRON
ftr-322	504	42	(	(	PUNCT
ftr-322	504	43	the	the	DET
ftr-322	504	44	portion	portion	NOUN
ftr-322	504	45	to	to	PART
ftr-322	504	46	which	which	PRON
ftr-322	504	47	a	a	PRON
ftr-322	504	48	is	be	AUX
ftr-322	504	49	entitled	entitle	VERB
ftr-322	504	50	as	as	ADP
ftr-322	504	51	a	a	DET
ftr-322	504	52	deduction	deduction	NOUN
ftr-322	504	53	)	)	PUNCT
ftr-322	504	54	is	be	AUX
ftr-322	504	55	added	add	VERB
ftr-322	504	56	to	to	ADP
ftr-322	504	57	$	$	SYM
ftr-322	504	58	21.43	21.43	NUM
ftr-322	504	59	,	,	PUNCT
ftr-322	504	60	the	the	DET
ftr-322	504	61	total	total	NOUN
ftr-322	504	62	is	be	AUX
ftr-322	504	63	$	$	SYM
ftr-322	504	64	50	50	NUM
ftr-322	504	65	.	.	PUNCT
ftr-322	505	1	that	that	DET
ftr-322	505	2	figure	figure	NOUN
ftr-322	505	3	is	be	AUX
ftr-322	505	4	$	$	SYM
ftr-322	505	5	66.67	66.67	NUM
ftr-322	505	6	,	,	PUNCT
ftr-322	505	7	which	which	PRON
ftr-322	505	8	b	b	NOUN
ftr-322	505	9	includes	include	VERB
ftr-322	505	10	in	in	ADP
ftr-322	505	11	gross	gross	ADJ
ftr-322	505	12	income	income	NOUN
ftr-322	505	13	and	and	CCONJ
ftr-322	505	14	of	of	ADP
ftr-322	505	15	which	which	PRON
ftr-322	505	16	b	b	NOUN
ftr-322	505	17	deducts	deduct	VERB
ftr-322	505	18	four	four	NUM
ftr-322	505	19	-	-	PUNCT
ftr-322	505	20	sevenths	seventh	NOUN
ftr-322	505	21	,	,	PUNCT
ftr-322	505	22	or	or	CCONJ
ftr-322	505	23	$	$	SYM
ftr-322	505	24	38.10	38.10	NUM
ftr-322	505	25	,	,	PUNCT
ftr-322	505	26	in	in	ADP
ftr-322	505	27	b‘s	b‘s	NOUN
ftr-322	505	28	capacity	capacity	NOUN
ftr-322	505	29	as	as	ADP
ftr-322	505	30	a	a	DET
ftr-322	505	31	partner	partner	NOUN
ftr-322	505	32	.	.	PUNCT
ftr-322	506	1	the	the	DET
ftr-322	506	2	net	net	ADJ
ftr-322	506	3	effect	effect	NOUN
ftr-322	506	4	of	of	ADP
ftr-322	506	5	the	the	DET
ftr-322	506	6	$	$	SYM
ftr-322	506	7	66.67	66.67	NUM
ftr-322	506	8	inclusion	inclusion	NOUN
ftr-322	506	9	and	and	CCONJ
ftr-322	506	10	$	$	SYM
ftr-322	506	11	38.10	38.10	NUM
ftr-322	506	12	deduction	deduction	NOUN
ftr-322	506	13	is	be	AUX
ftr-322	506	14	$	$	SYM
ftr-322	506	15	28.57	28.57	NUM
ftr-322	506	16	of	of	ADP
ftr-322	506	17	income	income	NOUN
ftr-322	506	18	to	to	ADP
ftr-322	506	19	b	b	NOUN
ftr-322	506	20	,	,	PUNCT
ftr-322	506	21	which	which	DET
ftr-322	506	22	b	b	NOUN
ftr-322	506	23	is	be	AUX
ftr-322	506	24	deemed	deem	VERB
ftr-322	506	25	to	to	PART
ftr-322	506	26	contribute	contribute	VERB
ftr-322	506	27	to	to	ADP
ftr-322	506	28	ab	ab	NOUN
ftr-322	506	29	,	,	PUNCT
ftr-322	506	30	exactly	exactly	ADV
ftr-322	506	31	offsetting	offsetting	ADJ
ftr-322	506	32	b‘s	b‘s	NOUN
ftr-322	506	33	depreciation	depreciation	NOUN
ftr-322	506	34	deduction	deduction	NOUN
ftr-322	506	35	,	,	PUNCT
ftr-322	506	36	again	again	ADV
ftr-322	506	37	leaving	leave	VERB
ftr-322	506	38	b	b	NOUN
ftr-322	506	39	with	with	ADP
ftr-322	506	40	a	a	DET
ftr-322	506	41	$	$	SYM
ftr-322	506	42	200	200	NUM
ftr-322	506	43	capital	capital	NOUN
ftr-322	506	44	account	account	NOUN
ftr-322	506	45	balance	balance	NOUN
ftr-322	506	46	and	and	CCONJ
ftr-322	506	47	a	a	PRON
ftr-322	506	48	with	with	ADP
ftr-322	506	49	a	a	DET
ftr-322	506	50	$	$	SYM
ftr-322	506	51	100	100	NUM
ftr-322	506	52	capital	capital	NOUN
ftr-322	506	53	account	account	NOUN
ftr-322	506	54	balance	balance	NOUN
ftr-322	506	55	.	.	PUNCT
ftr-322	507	1	for	for	ADP
ftr-322	507	2	year	year	NOUN
ftr-322	507	3	3	3	NUM
ftr-322	507	4	,	,	PUNCT
ftr-322	507	5	the	the	DET
ftr-322	507	6	guaranteed	guarantee	VERB
ftr-322	507	7	payment	payment	NOUN
ftr-322	507	8	would	would	AUX
ftr-322	507	9	be	be	AUX
ftr-322	507	10	$	$	SYM
ftr-322	507	11	100	100	NUM
ftr-322	507	12	.	.	PUNCT
ftr-322	508	1	68	68	NUM
ftr-322	508	2	.	.	PUNCT
ftr-322	509	1	the	the	DET
ftr-322	509	2	identity	identity	NOUN
ftr-322	509	3	of	of	ADP
ftr-322	509	4	results	result	NOUN
ftr-322	509	5	follows	follow	VERB
ftr-322	509	6	in	in	ADP
ftr-322	509	7	part	part	NOUN
ftr-322	509	8	from	from	ADP
ftr-322	509	9	the	the	DET
ftr-322	509	10	simplifying	simplifying	NOUN
ftr-322	509	11	assumptions	assumption	NOUN
ftr-322	509	12	that	that	SCONJ
ftr-322	509	13	there	there	PRON
ftr-322	509	14	is	be	VERB
ftr-322	509	15	no	no	DET
ftr-322	509	16	built	build	VERB
ftr-322	509	17	-	-	PUNCT
ftr-322	509	18	in	in	ADP
ftr-322	509	19	gain	gain	NOUN
ftr-322	509	20	or	or	CCONJ
ftr-322	509	21	loss	loss	NOUN
ftr-322	509	22	in	in	ADP
ftr-322	509	23	the	the	DET
ftr-322	509	24	partnership	partnership	NOUN
ftr-322	509	25	and	and	CCONJ
ftr-322	509	26	there	there	PRON
ftr-322	509	27	is	be	VERB
ftr-322	509	28	no	no	DET
ftr-322	509	29	section	section	NOUN
ftr-322	509	30	754	754	NUM
ftr-322	509	31	election	election	NOUN
ftr-322	509	32	in	in	ADP
ftr-322	509	33	effect	effect	NOUN
ftr-322	509	34	.	.	PUNCT
ftr-322	510	1	if	if	SCONJ
ftr-322	510	2	either	either	PRON
ftr-322	510	3	of	of	ADP
ftr-322	510	4	these	these	DET
ftr-322	510	5	assumptions	assumption	NOUN
ftr-322	510	6	were	be	AUX
ftr-322	510	7	false	false	ADJ
ftr-322	510	8	,	,	PUNCT
ftr-322	510	9	the	the	DET
ftr-322	510	10	analyses	analysis	NOUN
ftr-322	510	11	would	would	AUX
ftr-322	510	12	not	not	PART
ftr-322	510	13	come	come	VERB
ftr-322	510	14	out	out	ADP
ftr-322	510	15	the	the	DET
ftr-322	510	16	same	same	ADJ
ftr-322	510	17	.	.	PUNCT
ftr-322	511	1	see	see	VERB
ftr-322	511	2	infra	infra	NOUN
ftr-322	511	3	.	.	PUNCT
ftr-322	512	1	text	text	NOUN
ftr-322	512	2	at	at	ADP
ftr-322	512	3	note	note	NOUN
ftr-322	512	4	79	79	NUM
ftr-322	512	5	.	.	PUNCT
ftr-322	512	6	2012	2012	NUM
ftr-322	512	7	]	]	PUNCT
ftr-322	512	8	special	special	ADJ
ftr-322	512	9	allocations	allocation	NOUN
ftr-322	512	10	revisited	revisit	VERB
ftr-322	512	11	371	371	NUM
ftr-322	512	12	two	two	NUM
ftr-322	512	13	follows	follow	VERB
ftr-322	512	14	from	from	ADP
ftr-322	512	15	the	the	DET
ftr-322	512	16	fact	fact	NOUN
ftr-322	512	17	that	that	SCONJ
ftr-322	512	18	while	while	SCONJ
ftr-322	512	19	the	the	DET
ftr-322	512	20	capital	capital	NOUN
ftr-322	512	21	shift	shift	NOUN
ftr-322	512	22	alters	alter	VERB
ftr-322	512	23	the	the	DET
ftr-322	512	24	partners	partner	NOUN
ftr-322	512	25	‘	'	PUNCT
ftr-322	512	26	relative	relative	ADJ
ftr-322	512	27	ownership	ownership	NOUN
ftr-322	512	28	interests	interest	NOUN
ftr-322	512	29	from	from	ADP
ftr-322	512	30	a	a	DET
ftr-322	512	31	1:1	1:1	NUM
ftr-322	512	32	to	to	ADP
ftr-322	512	33	a	a	DET
ftr-322	512	34	4:3	4:3	NUM
ftr-322	512	35	ratio	ratio	NOUN
ftr-322	512	36	(	(	PUNCT
ftr-322	512	37	after	after	ADP
ftr-322	512	38	that	that	DET
ftr-322	512	39	year	year	NOUN
ftr-322	512	40	)	)	PUNCT
ftr-322	512	41	,	,	PUNCT
ftr-322	512	42	the	the	DET
ftr-322	512	43	actual	actual	ADJ
ftr-322	512	44	partnership	partnership	NOUN
ftr-322	512	45	interests	interest	NOUN
ftr-322	512	46	in	in	ADP
ftr-322	512	47	fact	fact	NOUN
ftr-322	512	48	are	be	AUX
ftr-322	512	49	4:3	4:3	NUM
ftr-322	512	50	,	,	PUNCT
ftr-322	512	51	not	not	PART
ftr-322	512	52	1:1	1:1	NUM
ftr-322	512	53	,	,	PUNCT
ftr-322	512	54	as	as	ADV
ftr-322	512	55	long	long	ADV
ftr-322	512	56	as	as	SCONJ
ftr-322	512	57	factory	factory	NOUN
ftr-322	512	58	is	be	AUX
ftr-322	512	59	presumed	presume	VERB
ftr-322	512	60	to	to	PART
ftr-322	512	61	have	have	VERB
ftr-322	512	62	a	a	DET
ftr-322	512	63	fair	fair	ADJ
ftr-322	512	64	market	market	NOUN
ftr-322	512	65	value	value	NOUN
ftr-322	512	66	equal	equal	ADJ
ftr-322	512	67	to	to	ADP
ftr-322	512	68	its	its	PRON
ftr-322	512	69	book	book	NOUN
ftr-322	512	70	value	value	NOUN
ftr-322	512	71	,	,	PUNCT
ftr-322	512	72	and	and	CCONJ
ftr-322	512	73	there	there	PRON
ftr-322	512	74	is	be	VERB
ftr-322	512	75	no	no	DET
ftr-322	512	76	other	other	ADJ
ftr-322	512	77	net	net	ADJ
ftr-322	512	78	income	income	NOUN
ftr-322	512	79	or	or	CCONJ
ftr-322	512	80	loss	loss	NOUN
ftr-322	512	81	to	to	ADP
ftr-322	512	82	the	the	DET
ftr-322	512	83	partnership	partnership	NOUN
ftr-322	512	84	.	.	PUNCT
ftr-322	513	1	in	in	ADP
ftr-322	513	2	other	other	ADJ
ftr-322	513	3	words	word	NOUN
ftr-322	513	4	,	,	PUNCT
ftr-322	513	5	even	even	ADV
ftr-322	513	6	though	though	SCONJ
ftr-322	513	7	the	the	DET
ftr-322	513	8	partnership	partnership	NOUN
ftr-322	513	9	agreement	agreement	NOUN
ftr-322	513	10	nominally	nominally	ADV
ftr-322	513	11	provides	provide	VERB
ftr-322	513	12	for	for	ADP
ftr-322	513	13	an	an	DET
ftr-322	513	14	equal	equal	ADJ
ftr-322	513	15	partnership	partnership	NOUN
ftr-322	513	16	(	(	PUNCT
ftr-322	513	17	apart	apart	ADV
ftr-322	513	18	from	from	ADP
ftr-322	513	19	depreciation	depreciation	NOUN
ftr-322	513	20	)	)	PUNCT
ftr-322	513	21	,	,	PUNCT
ftr-322	513	22	where	where	SCONJ
ftr-322	513	23	there	there	PRON
ftr-322	513	24	are	be	VERB
ftr-322	513	25	no	no	DET
ftr-322	513	26	partnership	partnership	NOUN
ftr-322	513	27	items	item	NOUN
ftr-322	513	28	that	that	PRON
ftr-322	513	29	would	would	AUX
ftr-322	513	30	be	be	AUX
ftr-322	513	31	divided	divide	VERB
ftr-322	513	32	on	on	ADP
ftr-322	513	33	an	an	DET
ftr-322	513	34	equal	equal	ADJ
ftr-322	513	35	basis	basis	NOUN
ftr-322	513	36	,	,	PUNCT
ftr-322	513	37	the	the	DET
ftr-322	513	38	partners	partner	NOUN
ftr-322	513	39	‘	‘	PART
ftr-322	513	40	interests	interest	NOUN
ftr-322	513	41	in	in	ADP
ftr-322	513	42	the	the	DET
ftr-322	513	43	partnership	partnership	NOUN
ftr-322	513	44	are	be	AUX
ftr-322	513	45	in	in	ADP
ftr-322	513	46	fact	fact	NOUN
ftr-322	513	47	governed	govern	VERB
ftr-322	513	48	by	by	ADP
ftr-322	513	49	the	the	DET
ftr-322	513	50	ratio	ratio	NOUN
ftr-322	513	51	of	of	ADP
ftr-322	513	52	their	their	PRON
ftr-322	513	53	capital	capital	NOUN
ftr-322	513	54	accounts	account	NOUN
ftr-322	513	55	,	,	PUNCT
ftr-322	513	56	here	here	ADV
ftr-322	513	57	4:3	4:3	NUM
ftr-322	513	58	,	,	PUNCT
ftr-322	513	59	and	and	CCONJ
ftr-322	513	60	the	the	DET
ftr-322	513	61	aggregate	aggregate	ADJ
ftr-322	513	62	treatment	treatment	NOUN
ftr-322	513	63	of	of	ADP
ftr-322	513	64	the	the	DET
ftr-322	513	65	partners	partner	NOUN
ftr-322	513	66	remains	remain	VERB
ftr-322	513	67	in	in	ADP
ftr-322	513	68	effect	effect	NOUN
ftr-322	513	69	.	.	PUNCT
ftr-322	514	1	it	it	PRON
ftr-322	514	2	is	be	AUX
ftr-322	514	3	,	,	PUNCT
ftr-322	514	4	however	however	ADV
ftr-322	514	5	,	,	PUNCT
ftr-322	514	6	critically	critically	ADV
ftr-322	514	7	important	important	ADJ
ftr-322	514	8	to	to	PART
ftr-322	514	9	bear	bear	VERB
ftr-322	514	10	in	in	ADP
ftr-322	514	11	mind	mind	NOUN
ftr-322	514	12	that	that	SCONJ
ftr-322	514	13	the	the	DET
ftr-322	514	14	identity	identity	NOUN
ftr-322	514	15	of	of	ADP
ftr-322	514	16	the	the	DET
ftr-322	514	17	results	result	NOUN
ftr-322	514	18	under	under	ADP
ftr-322	514	19	the	the	DET
ftr-322	514	20	existing	exist	VERB
ftr-322	514	21	regulations	regulation	NOUN
ftr-322	514	22	and	and	CCONJ
ftr-322	514	23	the	the	DET
ftr-322	514	24	capital	capital	NOUN
ftr-322	514	25	shift	shift	NOUN
ftr-322	514	26	analysis	analysis	NOUN
ftr-322	514	27	depends	depend	VERB
ftr-322	514	28	upon	upon	SCONJ
ftr-322	514	29	the	the	DET
ftr-322	514	30	value	value	NOUN
ftr-322	514	31	-	-	PUNCT
ftr-322	514	32	equals	equal	NOUN
ftr-322	514	33	-	-	PUNCT
ftr-322	514	34	basis	basis	NOUN
ftr-322	514	35	presumption	presumption	NOUN
ftr-322	514	36	of	of	ADP
ftr-322	514	37	the	the	DET
ftr-322	514	38	special	special	ADJ
ftr-322	514	39	allocation	allocation	NOUN
ftr-322	514	40	regulations	regulation	NOUN
ftr-322	514	41	.	.	PUNCT
ftr-322	515	1	69	69	NUM
ftr-322	516	1	the	the	DET
ftr-322	516	2	presumption	presumption	NOUN
ftr-322	516	3	,	,	PUNCT
ftr-322	516	4	which	which	PRON
ftr-322	516	5	is	be	AUX
ftr-322	516	6	based	base	VERB
ftr-322	516	7	on	on	ADP
ftr-322	516	8	administrative	administrative	ADJ
ftr-322	516	9	convenience	convenience	NOUN
ftr-322	516	10	,	,	PUNCT
ftr-322	516	11	is	be	AUX
ftr-322	516	12	generally	generally	ADV
ftr-322	516	13	inaccurate	inaccurate	ADJ
ftr-322	516	14	especially	especially	ADV
ftr-322	516	15	in	in	ADP
ftr-322	516	16	the	the	DET
ftr-322	516	17	case	case	NOUN
ftr-322	516	18	of	of	ADP
ftr-322	516	19	tangible	tangible	ADJ
ftr-322	516	20	personal	personal	ADJ
ftr-322	516	21	property	property	NOUN
ftr-322	516	22	,	,	PUNCT
ftr-322	516	23	which	which	PRON
ftr-322	516	24	typically	typically	ADV
ftr-322	516	25	is	be	AUX
ftr-322	516	26	subject	subject	ADJ
ftr-322	516	27	to	to	ADP
ftr-322	516	28	a	a	DET
ftr-322	516	29	variety	variety	NOUN
ftr-322	516	30	of	of	ADP
ftr-322	516	31	non	non	ADJ
ftr-322	516	32	-	-	ADJ
ftr-322	516	33	economic	economic	ADJ
ftr-322	516	34	,	,	PUNCT
ftr-322	516	35	taxpayer	taxpayer	NOUN
ftr-322	516	36	-	-	PUNCT
ftr-322	516	37	favorable	favorable	ADJ
ftr-322	516	38	assumptions	assumption	NOUN
ftr-322	516	39	designed	design	VERB
ftr-322	516	40	to	to	PART
ftr-322	516	41	promote	promote	VERB
ftr-322	516	42	business	business	NOUN
ftr-322	516	43	investment	investment	NOUN
ftr-322	516	44	.	.	PUNCT
ftr-322	517	1	70	70	NUM
ftr-322	518	1	if	if	SCONJ
ftr-322	518	2	,	,	PUNCT
ftr-322	518	3	as	as	SCONJ
ftr-322	518	4	is	be	AUX
ftr-322	518	5	often	often	ADV
ftr-322	518	6	the	the	DET
ftr-322	518	7	case	case	NOUN
ftr-322	518	8	,	,	PUNCT
ftr-322	518	9	partnership	partnership	NOUN
ftr-322	518	10	property	property	NOUN
ftr-322	518	11	subject	subject	NOUN
ftr-322	518	12	to	to	ADP
ftr-322	518	13	depreciation	depreciation	NOUN
ftr-322	518	14	has	have	VERB
ftr-322	518	15	a	a	DET
ftr-322	518	16	greater	great	ADJ
ftr-322	518	17	fair	fair	ADJ
ftr-322	518	18	market	market	NOUN
ftr-322	518	19	value	value	NOUN
ftr-322	518	20	than	than	ADP
ftr-322	518	21	book	book	NOUN
ftr-322	518	22	value	value	NOUN
ftr-322	518	23	,	,	PUNCT
ftr-322	518	24	then	then	ADV
ftr-322	518	25	the	the	DET
ftr-322	518	26	economics	economic	NOUN
ftr-322	518	27	of	of	ADP
ftr-322	518	28	the	the	DET
ftr-322	518	29	allocation	allocation	NOUN
ftr-322	518	30	are	be	AUX
ftr-322	518	31	not	not	PART
ftr-322	518	32	properly	properly	ADV
ftr-322	518	33	reflected	reflect	VERB
ftr-322	518	34	on	on	ADP
ftr-322	518	35	the	the	DET
ftr-322	518	36	partnership‘s	partnership‘s	PROPN
ftr-322	518	37	books	book	NOUN
ftr-322	518	38	.	.	PUNCT
ftr-322	519	1	in	in	ADP
ftr-322	519	2	any	any	DET
ftr-322	519	3	event	event	NOUN
ftr-322	519	4	,	,	PUNCT
ftr-322	519	5	the	the	DET
ftr-322	519	6	effects	effect	NOUN
ftr-322	519	7	of	of	ADP
ftr-322	519	8	the	the	DET
ftr-322	519	9	inaccuracy	inaccuracy	NOUN
ftr-322	519	10	surface	surface	NOUN
ftr-322	519	11	once	once	SCONJ
ftr-322	519	12	factory	factory	NOUN
ftr-322	519	13	is	be	AUX
ftr-322	519	14	disposed	dispose	VERB
ftr-322	519	15	of	of	ADP
ftr-322	519	16	at	at	ADP
ftr-322	519	17	any	any	DET
ftr-322	519	18	price	price	NOUN
ftr-322	519	19	other	other	ADJ
ftr-322	519	20	than	than	ADP
ftr-322	519	21	book	book	NOUN
ftr-322	519	22	value	value	NOUN
ftr-322	519	23	,	,	PUNCT
ftr-322	519	24	because	because	SCONJ
ftr-322	519	25	the	the	DET
ftr-322	519	26	sharing	sharing	NOUN
ftr-322	519	27	ratio	ratio	NOUN
ftr-322	519	28	for	for	ADP
ftr-322	519	29	items	item	NOUN
ftr-322	519	30	of	of	ADP
ftr-322	519	31	capital	capital	NOUN
ftr-322	519	32	income	income	NOUN
ftr-322	519	33	or	or	CCONJ
ftr-322	519	34	loss	loss	NOUN
ftr-322	519	35	differs	differ	VERB
ftr-322	519	36	from	from	ADP
ftr-322	519	37	the	the	DET
ftr-322	519	38	ratio	ratio	NOUN
ftr-322	519	39	of	of	ADP
ftr-322	519	40	the	the	DET
ftr-322	519	41	partners	partner	NOUN
ftr-322	519	42	‘	'	PUNCT
ftr-322	519	43	capital	capital	NOUN
ftr-322	519	44	account	account	NOUN
ftr-322	519	45	balances	balance	NOUN
ftr-322	519	46	.	.	PUNCT
ftr-322	520	1	assuming	assume	VERB
ftr-322	520	2	the	the	DET
ftr-322	520	3	partnership‘s	partnership‘s	PROPN
ftr-322	520	4	sole	sole	ADJ
ftr-322	520	5	source	source	NOUN
ftr-322	520	6	of	of	ADP
ftr-322	520	7	income	income	NOUN
ftr-322	520	8	is	be	AUX
ftr-322	520	9	capital	capital	NOUN
ftr-322	520	10	,	,	PUNCT
ftr-322	520	11	it	it	PRON
ftr-322	520	12	is	be	AUX
ftr-322	520	13	not	not	PART
ftr-322	520	14	possible	possible	ADJ
ftr-322	520	15	to	to	PART
ftr-322	520	16	account	account	VERB
ftr-322	520	17	for	for	ADP
ftr-322	520	18	these	these	DET
ftr-322	520	19	items	item	NOUN
ftr-322	520	20	under	under	ADP
ftr-322	520	21	the	the	DET
ftr-322	520	22	aggregate	aggregate	ADJ
ftr-322	520	23	theory	theory	NOUN
ftr-322	520	24	unless	unless	SCONJ
ftr-322	520	25	one	one	NUM
ftr-322	520	26	postulates	postulate	VERB
ftr-322	520	27	some	some	DET
ftr-322	520	28	further	further	ADJ
ftr-322	520	29	set	set	NOUN
ftr-322	520	30	of	of	ADP
ftr-322	520	31	transactions	transaction	NOUN
ftr-322	520	32	between	between	ADP
ftr-322	520	33	the	the	DET
ftr-322	520	34	partners	partner	NOUN
ftr-322	520	35	.	.	PUNCT
ftr-322	521	1	consider	consider	VERB
ftr-322	521	2	as	as	ADP
ftr-322	521	3	an	an	DET
ftr-322	521	4	example	example	NOUN
ftr-322	521	5	the	the	DET
ftr-322	521	6	sale	sale	NOUN
ftr-322	521	7	of	of	ADP
ftr-322	521	8	factory	factory	NOUN
ftr-322	521	9	at	at	ADP
ftr-322	521	10	the	the	DET
ftr-322	521	11	end	end	NOUN
ftr-322	521	12	of	of	ADP
ftr-322	521	13	year	year	NOUN
ftr-322	521	14	3	3	NUM
ftr-322	521	15	for	for	ADP
ftr-322	521	16	$	$	SYM
ftr-322	521	17	900	900	NUM
ftr-322	521	18	assuming	assume	VERB
ftr-322	521	19	,	,	PUNCT
ftr-322	521	20	again	again	ADV
ftr-322	521	21	,	,	PUNCT
ftr-322	521	22	no	no	DET
ftr-322	521	23	other	other	ADJ
ftr-322	521	24	items	item	NOUN
ftr-322	521	25	of	of	ADP
ftr-322	521	26	partnership	partnership	NOUN
ftr-322	521	27	income	income	NOUN
ftr-322	521	28	or	or	CCONJ
ftr-322	521	29	loss	loss	NOUN
ftr-322	521	30	other	other	ADJ
ftr-322	521	31	than	than	ADP
ftr-322	521	32	depreciation	depreciation	NOUN
ftr-322	521	33	.	.	PUNCT
ftr-322	522	1	table	table	NOUN
ftr-322	522	2	3	3	NUM
ftr-322	522	3	sets	set	VERB
ftr-322	522	4	out	out	ADP
ftr-322	522	5	the	the	DET
ftr-322	522	6	balance	balance	NOUN
ftr-322	522	7	sheet	sheet	NOUN
ftr-322	522	8	immediately	immediately	ADV
ftr-322	522	9	prior	prior	ADV
ftr-322	522	10	to	to	ADP
ftr-322	522	11	the	the	DET
ftr-322	522	12	sale	sale	NOUN
ftr-322	522	13	.	.	PUNCT
ftr-322	523	1	69	69	NUM
ftr-322	523	2	.	.	PUNCT
ftr-322	524	1	reg	reg	NOUN
ftr-322	524	2	.	.	PUNCT
ftr-322	525	1	§	§	PROPN
ftr-322	525	2	1.704	1.704	NUM
ftr-322	525	3	-	-	NUM
ftr-322	525	4	1(b)(2)(iii)(c	1(b)(2)(iii)(c	NUM
ftr-322	525	5	)	)	PUNCT
ftr-322	525	6	(	(	PUNCT
ftr-322	525	7	flush	flush	ADJ
ftr-322	525	8	language	language	NOUN
ftr-322	525	9	)	)	PUNCT
ftr-322	525	10	.	.	PUNCT
ftr-322	526	1	for	for	ADP
ftr-322	526	2	a	a	DET
ftr-322	526	3	discussion	discussion	NOUN
ftr-322	526	4	of	of	ADP
ftr-322	526	5	the	the	DET
ftr-322	526	6	policies	policy	NOUN
ftr-322	526	7	underlying	underlie	VERB
ftr-322	526	8	these	these	DET
ftr-322	526	9	rules	rule	NOUN
ftr-322	526	10	,	,	PUNCT
ftr-322	526	11	see	see	VERB
ftr-322	526	12	bittker	bittker	NOUN
ftr-322	526	13	&	&	CCONJ
ftr-322	526	14	lokken	lokken	PROPN
ftr-322	526	15	,	,	PUNCT
ftr-322	526	16	federal	federal	ADJ
ftr-322	526	17	taxation	taxation	NOUN
ftr-322	526	18	,	,	PUNCT
ftr-322	526	19	supra	supra	PROPN
ftr-322	526	20	n.17	n.17	PROPN
ftr-322	526	21	,	,	PUNCT
ftr-322	526	22	at	at	ADP
ftr-322	526	23	¶	¶	PROPN
ftr-322	526	24	1.1	1.1	NUM
ftr-322	526	25	and	and	CCONJ
ftr-322	526	26	authorities	authority	NOUN
ftr-322	526	27	cited	cite	VERB
ftr-322	526	28	therein	therein	ADV
ftr-322	526	29	.	.	PUNCT
ftr-322	527	1	70	70	NUM
ftr-322	527	2	.	.	X
ftr-322	528	1	reg	reg	NOUN
ftr-322	528	2	.	.	PUNCT
ftr-322	529	1	§	§	PROPN
ftr-322	529	2	1.701	1.701	NUM
ftr-322	529	3	-	-	SYM
ftr-322	529	4	2(a)(3	2(a)(3	NUM
ftr-322	529	5	)	)	PUNCT
ftr-322	529	6	;	;	PUNCT
ftr-322	529	7	see	see	VERB
ftr-322	529	8	also	also	ADV
ftr-322	529	9	bittker	bittker	VERB
ftr-322	529	10	&	&	CCONJ
ftr-322	529	11	lokken	lokken	PROPN
ftr-322	529	12	,	,	PUNCT
ftr-322	529	13	federal	federal	ADJ
ftr-322	529	14	taxation	taxation	NOUN
ftr-322	529	15	,	,	PUNCT
ftr-322	529	16	supra	supra	PROPN
ftr-322	529	17	n.17	n.17	PROPN
ftr-322	529	18	,	,	PUNCT
ftr-322	529	19	at	at	ADP
ftr-322	529	20	¶	¶	PROPN
ftr-322	529	21	86.4	86.4	NUM
ftr-322	529	22	,	,	PUNCT
ftr-322	529	23	text	text	NOUN
ftr-322	529	24	at	at	ADP
ftr-322	529	25	nn.35–37	nn.35–37	PROPN
ftr-322	529	26	.	.	PUNCT
ftr-322	530	1	see	see	VERB
ftr-322	530	2	generally	generally	ADV
ftr-322	530	3	i.r.c	i.r.c	NOUN
ftr-322	530	4	.	.	PUNCT
ftr-322	531	1	§	§	PROPN
ftr-322	531	2	168	168	NUM
ftr-322	531	3	(	(	PUNCT
ftr-322	531	4	which	which	PRON
ftr-322	531	5	provides	provide	VERB
ftr-322	531	6	for	for	ADP
ftr-322	531	7	double	double	ADJ
ftr-322	531	8	-	-	PUNCT
ftr-322	531	9	declining	decline	VERB
ftr-322	531	10	balance	balance	NOUN
ftr-322	531	11	depreciation	depreciation	NOUN
ftr-322	531	12	,	,	PUNCT
ftr-322	531	13	short	short	ADJ
ftr-322	531	14	asset	asset	NOUN
ftr-322	531	15	lives	live	VERB
ftr-322	531	16	,	,	PUNCT
ftr-322	531	17	and	and	CCONJ
ftr-322	531	18	a	a	DET
ftr-322	531	19	presumption	presumption	NOUN
ftr-322	531	20	of	of	ADP
ftr-322	531	21	zero	zero	NUM
ftr-322	531	22	-	-	PUNCT
ftr-322	531	23	salvage	salvage	NOUN
ftr-322	531	24	value	value	NOUN
ftr-322	531	25	for	for	ADP
ftr-322	531	26	many	many	ADJ
ftr-322	531	27	items	item	NOUN
ftr-322	531	28	of	of	ADP
ftr-322	531	29	tangible	tangible	ADJ
ftr-322	531	30	business	business	NOUN
ftr-322	531	31	property	property	NOUN
ftr-322	531	32	)	)	PUNCT
ftr-322	531	33	.	.	PUNCT
ftr-322	532	1	372	372	NUM
ftr-322	532	2	florida	florida	PROPN
ftr-322	532	3	tax	tax	NOUN
ftr-322	532	4	review	review	NOUN
ftr-322	532	5	[	[	X
ftr-322	532	6	vol	vol	NOUN
ftr-322	532	7	.	.	PUNCT
ftr-322	533	1	13:7	13:7	NUM
ftr-322	533	2	table	table	NOUN
ftr-322	533	3	3	3	NUM
ftr-322	533	4	:	:	PUNCT
ftr-322	533	5	ab	ab	PROPN
ftr-322	533	6	balance	balance	NOUN
ftr-322	533	7	sheet	sheet	NOUN
ftr-322	533	8	at	at	ADP
ftr-322	533	9	end	end	NOUN
ftr-322	533	10	of	of	ADP
ftr-322	533	11	year	year	NOUN
ftr-322	533	12	3	3	NUM
ftr-322	533	13	,	,	PUNCT
ftr-322	533	14	pre	pre	ADJ
ftr-322	533	15	-	-	ADJ
ftr-322	533	16	sale	sale	ADJ
ftr-322	533	17	partnership	partnership	NOUN
ftr-322	533	18	assets	asset	NOUN
ftr-322	533	19	partnership	partnership	NOUN
ftr-322	533	20	liabilities	liability	NOUN
ftr-322	533	21	:	:	PUNCT
ftr-322	533	22	$	$	SYM
ftr-322	533	23	800	800	NUM
ftr-322	533	24	capital	capital	NOUN
ftr-322	533	25	accounts	account	NOUN
ftr-322	533	26	asset	asset	NOUN
ftr-322	533	27	a	a	DET
ftr-322	533	28	/	/	SYM
ftr-322	533	29	b	b	PROPN
ftr-322	533	30	book	book	NOUN
ftr-322	533	31	partner	partner	NOUN
ftr-322	533	32	a	a	DET
ftr-322	533	33	/	/	SYM
ftr-322	533	34	b	b	NOUN
ftr-322	533	35	book	book	NOUN
ftr-322	533	36	cash	cash	VERB
ftr-322	533	37	$	$	SYM
ftr-322	533	38	200	200	NUM
ftr-322	533	39	$	$	SYM
ftr-322	533	40	200	200	NUM
ftr-322	533	41	a	a	DET
ftr-322	533	42	$	$	SYM
ftr-322	533	43	450	450	NUM
ftr-322	533	44	$	$	SYM
ftr-322	533	45	50	50	NUM
ftr-322	533	46	factory	factory	NOUN
ftr-322	533	47	850	850	NUM
ftr-322	533	48	850	850	NUM
ftr-322	533	49	b	b	NUM
ftr-322	533	50	600	600	NUM
ftr-322	533	51	200	200	NUM
ftr-322	533	52	total	total	ADJ
ftr-322	533	53	$	$	SYM
ftr-322	533	54	1,050	1,050	NUM
ftr-322	533	55	$	$	SYM
ftr-322	533	56	1,050	1,050	NUM
ftr-322	533	57	total	total	NOUN
ftr-322	533	58	$	$	SYM
ftr-322	533	59	1,050	1,050	NUM
ftr-322	533	60	$	$	SYM
ftr-322	533	61	250	250	NUM
ftr-322	533	62	based	base	VERB
ftr-322	533	63	on	on	ADP
ftr-322	533	64	the	the	DET
ftr-322	533	65	capital	capital	NOUN
ftr-322	533	66	shift	shift	NOUN
ftr-322	533	67	analysis	analysis	NOUN
ftr-322	534	1	,	,	PUNCT
ftr-322	534	2	a‘s	a‘s	NOUN
ftr-322	534	3	partnership	partnership	NOUN
ftr-322	534	4	interest	interest	NOUN
ftr-322	534	5	now	now	ADV
ftr-322	534	6	stands	stand	VERB
ftr-322	534	7	at	at	ADP
ftr-322	534	8	$	$	SYM
ftr-322	534	9	50	50	NUM
ftr-322	534	10	while	while	SCONJ
ftr-322	534	11	b‘s	b‘s	NOUN
ftr-322	534	12	stands	stand	VERB
ftr-322	534	13	at	at	ADP
ftr-322	534	14	$	$	SYM
ftr-322	534	15	200	200	NUM
ftr-322	534	16	.	.	PUNCT
ftr-322	535	1	under	under	ADP
ftr-322	535	2	a	a	DET
ftr-322	535	3	ratable	ratable	ADJ
ftr-322	535	4	ownership	ownership	NOUN
ftr-322	535	5	theory	theory	NOUN
ftr-322	535	6	of	of	ADP
ftr-322	535	7	the	the	DET
ftr-322	535	8	partnership	partnership	NOUN
ftr-322	535	9	,	,	PUNCT
ftr-322	535	10	any	any	DET
ftr-322	535	11	gains	gain	NOUN
ftr-322	535	12	or	or	CCONJ
ftr-322	535	13	losses	loss	NOUN
ftr-322	535	14	realized	realize	VERB
ftr-322	535	15	by	by	ADP
ftr-322	535	16	the	the	DET
ftr-322	535	17	partnership	partnership	NOUN
ftr-322	535	18	should	should	AUX
ftr-322	535	19	be	be	AUX
ftr-322	535	20	shared	share	VERB
ftr-322	535	21	in	in	ADP
ftr-322	535	22	a	a	DET
ftr-322	535	23	1:4	1:4	NUM
ftr-322	535	24	ratio	ratio	NOUN
ftr-322	535	25	between	between	ADP
ftr-322	535	26	a	a	PRON
ftr-322	535	27	and	and	CCONJ
ftr-322	535	28	b.	b.	PROPN
ftr-322	535	29	therefore	therefore	ADV
ftr-322	535	30	,	,	PUNCT
ftr-322	535	31	when	when	SCONJ
ftr-322	535	32	factory	factory	NOUN
ftr-322	535	33	is	be	AUX
ftr-322	535	34	sold	sell	VERB
ftr-322	535	35	at	at	ADP
ftr-322	535	36	$	$	SYM
ftr-322	535	37	900	900	NUM
ftr-322	535	38	for	for	ADP
ftr-322	535	39	a	a	DET
ftr-322	535	40	$	$	SYM
ftr-322	535	41	50	50	NUM
ftr-322	535	42	gain	gain	NOUN
ftr-322	535	43	,	,	PUNCT
ftr-322	535	44	the	the	DET
ftr-322	535	45	balance	balance	NOUN
ftr-322	535	46	sheet	sheet	NOUN
ftr-322	535	47	should	should	AUX
ftr-322	535	48	appear	appear	VERB
ftr-322	535	49	as	as	ADP
ftr-322	535	50	in	in	ADP
ftr-322	535	51	table	table	NOUN
ftr-322	535	52	4	4	NUM
ftr-322	535	53	.	.	PUNCT
ftr-322	535	54	table	table	NOUN
ftr-322	535	55	4	4	NUM
ftr-322	535	56	:	:	PUNCT
ftr-322	535	57	ab	ab	PROPN
ftr-322	535	58	balance	balance	NOUN
ftr-322	535	59	sheet	sheet	NOUN
ftr-322	535	60	immediately	immediately	ADV
ftr-322	535	61	post	post	ADJ
ftr-322	535	62	-	-	ADJ
ftr-322	535	63	sale	sale	ADJ
ftr-322	535	64	,	,	PUNCT
ftr-322	535	65	capital	capital	NOUN
ftr-322	535	66	shift	shift	NOUN
ftr-322	535	67	economics	economic	NOUN
ftr-322	535	68	partnership	partnership	NOUN
ftr-322	535	69	assets	assets	PROPN
ftr-322	535	70	partnership	partnership	NOUN
ftr-322	535	71	liabilities	liability	NOUN
ftr-322	535	72	:	:	PUNCT
ftr-322	535	73	$	$	SYM
ftr-322	535	74	800	800	NUM
ftr-322	535	75	capital	capital	NOUN
ftr-322	535	76	accounts	account	NOUN
ftr-322	535	77	asset	asset	NOUN
ftr-322	535	78	a	a	DET
ftr-322	535	79	/	/	SYM
ftr-322	535	80	b	b	PROPN
ftr-322	535	81	book	book	NOUN
ftr-322	535	82	partner	partner	NOUN
ftr-322	535	83	a	a	DET
ftr-322	535	84	/	/	SYM
ftr-322	535	85	b	b	NOUN
ftr-322	535	86	book	book	NOUN
ftr-322	535	87	cash	cash	VERB
ftr-322	535	88	$	$	SYM
ftr-322	535	89	1,100	1,100	NUM
ftr-322	535	90	$	$	SYM
ftr-322	535	91	100	100	NUM
ftr-322	535	92	a	a	DET
ftr-322	535	93	$	$	SYM
ftr-322	535	94	460	460	NUM
ftr-322	535	95	$	$	SYM
ftr-322	535	96	60	60	NUM
ftr-322	535	97	b	b	NUM
ftr-322	535	98	$	$	SYM
ftr-322	535	99	640	640	NUM
ftr-322	535	100	$	$	SYM
ftr-322	535	101	240	240	NUM
ftr-322	535	102	total	total	NOUN
ftr-322	535	103	$	$	SYM
ftr-322	535	104	1,100	1,100	NUM
ftr-322	535	105	$	$	SYM
ftr-322	535	106	1,100	1,100	NUM
ftr-322	535	107	total	total	NOUN
ftr-322	535	108	$	$	SYM
ftr-322	535	109	1,100	1,100	NUM
ftr-322	535	110	$	$	SYM
ftr-322	535	111	300	300	NUM
ftr-322	535	112	in	in	ADP
ftr-322	535	113	total	total	NOUN
ftr-322	535	114	,	,	PUNCT
ftr-322	535	115	a	a	PRON
ftr-322	535	116	would	would	AUX
ftr-322	535	117	have	have	AUX
ftr-322	535	118	experienced	experience	VERB
ftr-322	535	119	a	a	DET
ftr-322	535	120	net	net	ADJ
ftr-322	535	121	loss	loss	NOUN
ftr-322	535	122	of	of	ADP
ftr-322	535	123	$	$	SYM
ftr-322	535	124	140	140	NUM
ftr-322	535	125	while	while	SCONJ
ftr-322	535	126	b	b	NOUN
ftr-322	535	127	would	would	AUX
ftr-322	535	128	have	have	AUX
ftr-322	535	129	experienced	experience	VERB
ftr-322	535	130	a	a	DET
ftr-322	535	131	gain	gain	NOUN
ftr-322	535	132	of	of	ADP
ftr-322	535	133	$	$	SYM
ftr-322	535	134	40	40	NUM
ftr-322	535	135	for	for	ADP
ftr-322	535	136	an	an	DET
ftr-322	535	137	overall	overall	ADJ
ftr-322	535	138	partnership	partnership	NOUN
ftr-322	535	139	loss	loss	NOUN
ftr-322	535	140	of	of	ADP
ftr-322	535	141	$	$	SYM
ftr-322	535	142	100	100	NUM
ftr-322	535	143	(	(	PUNCT
ftr-322	535	144	equal	equal	ADJ
ftr-322	535	145	to	to	ADP
ftr-322	535	146	the	the	DET
ftr-322	535	147	difference	difference	NOUN
ftr-322	535	148	between	between	ADP
ftr-322	535	149	the	the	DET
ftr-322	535	150	purchase	purchase	NOUN
ftr-322	535	151	and	and	CCONJ
ftr-322	535	152	sale	sale	NOUN
ftr-322	535	153	prices	price	NOUN
ftr-322	535	154	of	of	ADP
ftr-322	535	155	factory	factory	NOUN
ftr-322	535	156	)	)	PUNCT
ftr-322	535	157	.	.	PUNCT
ftr-322	536	1	the	the	DET
ftr-322	536	2	$	$	SYM
ftr-322	536	3	100	100	NUM
ftr-322	536	4	corresponds	correspond	NOUN
ftr-322	536	5	to	to	ADP
ftr-322	536	6	the	the	DET
ftr-322	536	7	netting	netting	NOUN
ftr-322	536	8	of	of	ADP
ftr-322	536	9	$	$	SYM
ftr-322	536	10	150	150	NUM
ftr-322	536	11	in	in	ADP
ftr-322	536	12	depreciation	depreciation	NOUN
ftr-322	536	13	against	against	ADP
ftr-322	536	14	$	$	SYM
ftr-322	536	15	50	50	NUM
ftr-322	536	16	of	of	ADP
ftr-322	536	17	gain	gain	NOUN
ftr-322	536	18	on	on	ADP
ftr-322	536	19	disposition	disposition	NOUN
ftr-322	536	20	of	of	ADP
ftr-322	536	21	factory	factory	NOUN
ftr-322	536	22	.	.	PUNCT
ftr-322	537	1	by	by	ADP
ftr-322	537	2	contrast	contrast	NOUN
ftr-322	537	3	,	,	PUNCT
ftr-322	537	4	if	if	SCONJ
ftr-322	537	5	there	there	PRON
ftr-322	537	6	had	have	AUX
ftr-322	537	7	been	be	AUX
ftr-322	537	8	no	no	DET
ftr-322	537	9	special	special	ADJ
ftr-322	537	10	allocation	allocation	NOUN
ftr-322	537	11	of	of	ADP
ftr-322	537	12	depreciation	depreciation	NOUN
ftr-322	537	13	to	to	ADP
ftr-322	537	14	a	a	PRON
ftr-322	537	15	,	,	PUNCT
ftr-322	537	16	the	the	DET
ftr-322	537	17	same	same	ADJ
ftr-322	537	18	overall	overall	ADJ
ftr-322	537	19	result	result	NOUN
ftr-322	537	20	would	would	AUX
ftr-322	537	21	have	have	AUX
ftr-322	537	22	been	be	AUX
ftr-322	537	23	reached	reach	VERB
ftr-322	537	24	,	,	PUNCT
ftr-322	537	25	but	but	CCONJ
ftr-322	537	26	each	each	DET
ftr-322	537	27	partner	partner	NOUN
ftr-322	537	28	would	would	AUX
ftr-322	537	29	have	have	AUX
ftr-322	537	30	experienced	experience	VERB
ftr-322	537	31	a	a	DET
ftr-322	537	32	net	net	ADJ
ftr-322	537	33	loss	loss	NOUN
ftr-322	537	34	of	of	ADP
ftr-322	537	35	$	$	SYM
ftr-322	537	36	50	50	NUM
ftr-322	537	37	in	in	ADP
ftr-322	537	38	the	the	DET
ftr-322	537	39	form	form	NOUN
ftr-322	537	40	of	of	ADP
ftr-322	537	41	$	$	SYM
ftr-322	537	42	75	75	NUM
ftr-322	537	43	of	of	ADP
ftr-322	537	44	ordinary	ordinary	ADJ
ftr-322	537	45	deductions	deduction	NOUN
ftr-322	537	46	and	and	CCONJ
ftr-322	537	47	$	$	SYM
ftr-322	537	48	25	25	NUM
ftr-322	537	49	of	of	ADP
ftr-322	537	50	capital	capital	NOUN
ftr-322	537	51	gain	gain	NOUN
ftr-322	537	52	.	.	PUNCT
ftr-322	538	1	thus	thus	ADV
ftr-322	538	2	,	,	PUNCT
ftr-322	538	3	the	the	DET
ftr-322	538	4	overall	overall	ADJ
ftr-322	538	5	effect	effect	NOUN
ftr-322	538	6	,	,	PUNCT
ftr-322	538	7	assuming	assume	VERB
ftr-322	538	8	,	,	PUNCT
ftr-322	538	9	contrary	contrary	ADV
ftr-322	538	10	to	to	ADP
ftr-322	538	11	the	the	DET
ftr-322	538	12	actual	actual	ADJ
ftr-322	538	13	partnership	partnership	NOUN
ftr-322	538	14	agreement	agreement	NOUN
ftr-322	538	15	,	,	PUNCT
ftr-322	538	16	that	that	SCONJ
ftr-322	538	17	the	the	DET
ftr-322	538	18	consequences	consequence	NOUN
ftr-322	538	19	of	of	ADP
ftr-322	538	20	the	the	DET
ftr-322	538	21	capital	capital	NOUN
ftr-322	538	22	shift	shift	NOUN
ftr-322	538	23	are	be	AUX
ftr-322	538	24	followed	follow	VERB
ftr-322	538	25	through	through	ADP
ftr-322	538	26	on	on	ADP
ftr-322	538	27	sale	sale	NOUN
ftr-322	538	28	,	,	PUNCT
ftr-322	538	29	is	be	AUX
ftr-322	538	30	an	an	DET
ftr-322	538	31	income	income	NOUN
ftr-322	538	32	shift	shift	NOUN
ftr-322	538	33	of	of	ADP
ftr-322	538	34	the	the	DET
ftr-322	538	35	appropriate	appropriate	ADJ
ftr-322	538	36	character	character	NOUN
ftr-322	538	37	given	give	VERB
ftr-322	538	38	that	that	SCONJ
ftr-322	538	39	the	the	DET
ftr-322	538	40	form	form	NOUN
ftr-322	538	41	of	of	ADP
ftr-322	538	42	the	the	DET
ftr-322	538	43	income	income	NOUN
ftr-322	538	44	shift	shift	NOUN
ftr-322	538	45	is	be	AUX
ftr-322	538	46	a	a	DET
ftr-322	538	47	transfer	transfer	NOUN
ftr-322	538	48	of	of	ADP
ftr-322	538	49	a	a	DET
ftr-322	538	50	partnership	partnership	NOUN
ftr-322	538	51	capital	capital	NOUN
ftr-322	538	52	interest	interest	NOUN
ftr-322	538	53	.	.	PUNCT
ftr-322	539	1	a	a	PRON
ftr-322	539	2	would	would	AUX
ftr-322	539	3	have	have	VERB
ftr-322	539	4	an	an	DET
ftr-322	539	5	overall	overall	ADJ
ftr-322	539	6	loss	loss	NOUN
ftr-322	539	7	reflecting	reflect	VERB
ftr-322	539	8	a‘s	a‘s	NOUN
ftr-322	539	9	experience	experience	NOUN
ftr-322	539	10	of	of	ADP
ftr-322	539	11	economic	economic	ADJ
ftr-322	539	12	losses	loss	NOUN
ftr-322	539	13	on	on	ADP
ftr-322	539	14	factory	factory	NOUN
ftr-322	539	15	while	while	SCONJ
ftr-322	539	16	b	b	NOUN
ftr-322	539	17	would	would	AUX
ftr-322	539	18	have	have	VERB
ftr-322	539	19	an	an	DET
ftr-322	539	20	overall	overall	ADJ
ftr-322	539	21	gain	gain	NOUN
ftr-322	539	22	reflecting	reflect	VERB
ftr-322	539	23	b‘s	b‘s	NOUN
ftr-322	539	24	enjoyment	enjoyment	NOUN
ftr-322	539	25	of	of	ADP
ftr-322	539	26	gain	gain	NOUN
ftr-322	539	27	without	without	ADP
ftr-322	539	28	loss	loss	NOUN
ftr-322	539	29	.	.	PUNCT
ftr-322	540	1	of	of	ADP
ftr-322	540	2	course	course	NOUN
ftr-322	540	3	,	,	PUNCT
ftr-322	540	4	the	the	DET
ftr-322	540	5	actual	actual	ADJ
ftr-322	540	6	effect	effect	NOUN
ftr-322	540	7	of	of	ADP
ftr-322	540	8	the	the	DET
ftr-322	540	9	special	special	ADJ
ftr-322	540	10	allocation	allocation	NOUN
ftr-322	540	11	in	in	ADP
ftr-322	540	12	the	the	DET
ftr-322	540	13	example	example	NOUN
ftr-322	540	14	is	be	AUX
ftr-322	540	15	very	very	ADV
ftr-322	540	16	different	different	ADJ
ftr-322	540	17	from	from	ADP
ftr-322	540	18	what	what	PRON
ftr-322	540	19	appears	appear	VERB
ftr-322	540	20	in	in	ADP
ftr-322	540	21	table	table	NOUN
ftr-322	540	22	4	4	NUM
ftr-322	540	23	.	.	PUNCT
ftr-322	541	1	under	under	ADP
ftr-322	541	2	the	the	DET
ftr-322	541	3	terms	term	NOUN
ftr-322	541	4	of	of	ADP
ftr-322	541	5	the	the	DET
ftr-322	541	6	special	special	ADJ
ftr-322	541	7	allocation	allocation	NOUN
ftr-322	541	8	,	,	PUNCT
ftr-322	541	9	all	all	PRON
ftr-322	541	10	of	of	ADP
ftr-322	541	11	the	the	DET
ftr-322	541	12	$	$	SYM
ftr-322	541	13	50	50	NUM
ftr-322	541	14	of	of	ADP
ftr-322	541	15	gain	gain	NOUN
ftr-322	541	16	is	be	AUX
ftr-322	541	17	allocated	allocate	VERB
ftr-322	541	18	to	to	ADP
ftr-322	541	19	a	a	PRON
ftr-322	541	20	as	as	ADV
ftr-322	541	21	set	set	VERB
ftr-322	541	22	out	out	ADP
ftr-322	541	23	in	in	ADP
ftr-322	541	24	table	table	NOUN
ftr-322	541	25	5	5	NUM
ftr-322	541	26	.	.	NOUN
ftr-322	541	27	2012	2012	NUM
ftr-322	541	28	]	]	PUNCT
ftr-322	541	29	special	special	ADJ
ftr-322	541	30	allocations	allocation	NOUN
ftr-322	541	31	revisited	revisit	VERB
ftr-322	541	32	373	373	NUM
ftr-322	541	33	table	table	NOUN
ftr-322	541	34	5	5	NUM
ftr-322	541	35	:	:	PUNCT
ftr-322	541	36	ab	ab	PROPN
ftr-322	541	37	balance	balance	NOUN
ftr-322	541	38	sheet	sheet	NOUN
ftr-322	541	39	immediately	immediately	ADV
ftr-322	541	40	post	post	ADJ
ftr-322	541	41	-	-	ADJ
ftr-322	541	42	sale	sale	ADJ
ftr-322	541	43	,	,	PUNCT
ftr-322	541	44	special	special	ADJ
ftr-322	541	45	allocation	allocation	NOUN
ftr-322	541	46	economics	economics	PROPN
ftr-322	541	47	partnership	partnership	PROPN
ftr-322	541	48	assets	assets	PROPN
ftr-322	541	49	partnership	partnership	NOUN
ftr-322	541	50	liabilities	liability	NOUN
ftr-322	541	51	:	:	PUNCT
ftr-322	541	52	$	$	SYM
ftr-322	541	53	800	800	NUM
ftr-322	541	54	capital	capital	NOUN
ftr-322	541	55	accounts	account	NOUN
ftr-322	541	56	asset	asset	NOUN
ftr-322	541	57	a	a	DET
ftr-322	541	58	/	/	SYM
ftr-322	541	59	b	b	PROPN
ftr-322	541	60	book	book	NOUN
ftr-322	541	61	partner	partner	NOUN
ftr-322	541	62	a	a	DET
ftr-322	541	63	/	/	SYM
ftr-322	541	64	b	b	NOUN
ftr-322	541	65	book	book	NOUN
ftr-322	541	66	cash	cash	VERB
ftr-322	541	67	$	$	SYM
ftr-322	541	68	1,100	1,100	NUM
ftr-322	541	69	$	$	SYM
ftr-322	541	70	100	100	NUM
ftr-322	541	71	a	a	DET
ftr-322	541	72	$	$	SYM
ftr-322	541	73	500	500	NUM
ftr-322	541	74	$	$	SYM
ftr-322	541	75	100	100	NUM
ftr-322	541	76	b	b	NUM
ftr-322	541	77	$	$	SYM
ftr-322	541	78	600	600	NUM
ftr-322	541	79	$	$	SYM
ftr-322	541	80	200	200	NUM
ftr-322	541	81	total	total	ADJ
ftr-322	541	82	$	$	SYM
ftr-322	541	83	1,100	1,100	NUM
ftr-322	541	84	$	$	SYM
ftr-322	541	85	1,100	1,100	NUM
ftr-322	541	86	total	total	NOUN
ftr-322	541	87	$	$	SYM
ftr-322	541	88	1,100	1,100	NUM
ftr-322	541	89	$	$	SYM
ftr-322	541	90	300	300	NUM
ftr-322	541	91	the	the	DET
ftr-322	541	92	disposition	disposition	NOUN
ftr-322	541	93	of	of	ADP
ftr-322	541	94	factory	factory	NOUN
ftr-322	541	95	at	at	ADP
ftr-322	541	96	a	a	DET
ftr-322	541	97	price	price	NOUN
ftr-322	541	98	that	that	PRON
ftr-322	541	99	differs	differ	VERB
ftr-322	541	100	from	from	ADP
ftr-322	541	101	its	its	PRON
ftr-322	541	102	book	book	NOUN
ftr-322	541	103	value	value	NOUN
ftr-322	541	104	highlights	highlight	VERB
ftr-322	541	105	the	the	DET
ftr-322	541	106	crux	crux	NOUN
ftr-322	541	107	of	of	ADP
ftr-322	541	108	the	the	DET
ftr-322	541	109	economic	economic	ADJ
ftr-322	541	110	question	question	NOUN
ftr-322	541	111	that	that	SCONJ
ftr-322	541	112	the	the	DET
ftr-322	541	113	special	special	ADJ
ftr-322	541	114	allocation	allocation	NOUN
ftr-322	541	115	of	of	ADP
ftr-322	541	116	depreciation	depreciation	NOUN
ftr-322	541	117	raises	raise	VERB
ftr-322	541	118	.	.	PUNCT
ftr-322	542	1	how	how	SCONJ
ftr-322	542	2	should	should	AUX
ftr-322	542	3	the	the	DET
ftr-322	542	4	allocation	allocation	NOUN
ftr-322	542	5	of	of	ADP
ftr-322	542	6	gain	gain	NOUN
ftr-322	542	7	(	(	PUNCT
ftr-322	542	8	or	or	CCONJ
ftr-322	542	9	loss	loss	NOUN
ftr-322	542	10	)	)	PUNCT
ftr-322	542	11	on	on	ADP
ftr-322	542	12	the	the	DET
ftr-322	542	13	sale	sale	NOUN
ftr-322	542	14	of	of	ADP
ftr-322	542	15	factory	factory	NOUN
ftr-322	542	16	—	—	PUNCT
ftr-322	542	17	a	a	DET
ftr-322	542	18	section	section	NOUN
ftr-322	542	19	1231	1231	NUM
ftr-322	542	20	(	(	PUNCT
ftr-322	542	21	capital	capital	NOUN
ftr-322	542	22	)	)	PUNCT
ftr-322	542	23	asset	asset	NOUN
ftr-322	542	24	—	—	PUNCT
ftr-322	542	25	in	in	ADP
ftr-322	542	26	a	a	DET
ftr-322	542	27	manner	manner	NOUN
ftr-322	542	28	different	different	ADJ
ftr-322	542	29	from	from	ADP
ftr-322	542	30	the	the	DET
ftr-322	542	31	partners	partner	NOUN
ftr-322	542	32	‘	'	PUNCT
ftr-322	542	33	relative	relative	ADJ
ftr-322	542	34	capital	capital	NOUN
ftr-322	542	35	interests	interest	NOUN
ftr-322	542	36	be	be	AUX
ftr-322	542	37	understood	understand	VERB
ftr-322	542	38	?	?	PUNCT
ftr-322	543	1	the	the	DET
ftr-322	543	2	issue	issue	NOUN
ftr-322	543	3	is	be	AUX
ftr-322	543	4	that	that	SCONJ
ftr-322	543	5	a	a	DET
ftr-322	543	6	enjoys	enjoy	NOUN
ftr-322	543	7	gain	gain	NOUN
ftr-322	543	8	and	and	CCONJ
ftr-322	543	9	suffers	suffer	VERB
ftr-322	543	10	loss	loss	NOUN
ftr-322	543	11	in	in	ADP
ftr-322	543	12	respect	respect	NOUN
ftr-322	543	13	of	of	ADP
ftr-322	543	14	a	a	DET
ftr-322	543	15	20	20	NUM
ftr-322	543	16	percent	percent	NOUN
ftr-322	543	17	property	property	NOUN
ftr-322	543	18	interest	interest	NOUN
ftr-322	543	19	that	that	PRON
ftr-322	543	20	differs	differ	VERB
ftr-322	543	21	from	from	ADP
ftr-322	543	22	20	20	NUM
ftr-322	543	23	percent	percent	NOUN
ftr-322	543	24	.	.	PUNCT
ftr-322	544	1	in	in	ADP
ftr-322	544	2	order	order	NOUN
ftr-322	544	3	to	to	PART
ftr-322	544	4	answer	answer	VERB
ftr-322	544	5	this	this	DET
ftr-322	544	6	question	question	NOUN
ftr-322	544	7	,	,	PUNCT
ftr-322	544	8	it	it	PRON
ftr-322	544	9	becomes	become	VERB
ftr-322	544	10	necessary	necessary	ADJ
ftr-322	544	11	to	to	PART
ftr-322	544	12	focus	focus	VERB
ftr-322	544	13	on	on	ADP
ftr-322	544	14	the	the	DET
ftr-322	544	15	consequences	consequence	NOUN
ftr-322	544	16	under	under	ADP
ftr-322	544	17	the	the	DET
ftr-322	544	18	partnership	partnership	NOUN
ftr-322	544	19	agreement	agreement	NOUN
ftr-322	544	20	of	of	ADP
ftr-322	544	21	payouts	payout	NOUN
ftr-322	544	22	(	(	PUNCT
ftr-322	544	23	sales	sale	NOUN
ftr-322	544	24	of	of	ADP
ftr-322	544	25	factory	factory	NOUN
ftr-322	544	26	)	)	PUNCT
ftr-322	544	27	under	under	ADP
ftr-322	544	28	all	all	DET
ftr-322	544	29	possible	possible	ADJ
ftr-322	544	30	alternatives	alternative	NOUN
ftr-322	544	31	.	.	PUNCT
ftr-322	545	1	there	there	PRON
ftr-322	545	2	are	be	VERB
ftr-322	545	3	three	three	NUM
ftr-322	545	4	:	:	PUNCT
ftr-322	545	5	(	(	PUNCT
ftr-322	545	6	1	1	X
ftr-322	545	7	)	)	PUNCT
ftr-322	545	8	if	if	SCONJ
ftr-322	545	9	factory	factory	NOUN
ftr-322	545	10	is	be	AUX
ftr-322	545	11	sold	sell	VERB
ftr-322	545	12	at	at	ADP
ftr-322	545	13	book	book	NOUN
ftr-322	545	14	value	value	NOUN
ftr-322	545	15	,	,	PUNCT
ftr-322	545	16	no	no	DET
ftr-322	545	17	deemed	deem	VERB
ftr-322	545	18	transfer	transfer	NOUN
ftr-322	545	19	arises	arise	VERB
ftr-322	545	20	;	;	PUNCT
ftr-322	545	21	(	(	PUNCT
ftr-322	545	22	2	2	X
ftr-322	545	23	)	)	PUNCT
ftr-322	545	24	if	if	SCONJ
ftr-322	545	25	it	it	PRON
ftr-322	545	26	is	be	AUX
ftr-322	545	27	sold	sell	VERB
ftr-322	545	28	above	above	ADP
ftr-322	545	29	book	book	NOUN
ftr-322	545	30	value	value	NOUN
ftr-322	545	31	but	but	CCONJ
ftr-322	545	32	not	not	PART
ftr-322	545	33	at	at	ADP
ftr-322	545	34	a	a	DET
ftr-322	545	35	price	price	NOUN
ftr-322	545	36	in	in	ADP
ftr-322	545	37	excess	excess	NOUN
ftr-322	545	38	of	of	ADP
ftr-322	545	39	all	all	DET
ftr-322	545	40	gain	gain	NOUN
ftr-322	545	41	chargeback	chargeback	NOUN
ftr-322	545	42	,	,	PUNCT
ftr-322	545	43	all	all	DET
ftr-322	545	44	gain	gain	NOUN
ftr-322	545	45	goes	go	VERB
ftr-322	545	46	to	to	ADP
ftr-322	545	47	a	a	PRON
ftr-322	545	48	,	,	PUNCT
ftr-322	545	49	representing	represent	VERB
ftr-322	545	50	a	a	DET
ftr-322	545	51	transfer	transfer	NOUN
ftr-322	545	52	of	of	ADP
ftr-322	545	53	80	80	NUM
ftr-322	545	54	percent	percent	NOUN
ftr-322	545	55	of	of	ADP
ftr-322	545	56	the	the	DET
ftr-322	545	57	total	total	ADJ
ftr-322	545	58	gain	gain	NOUN
ftr-322	545	59	from	from	ADP
ftr-322	545	60	b	b	PROPN
ftr-322	545	61	to	to	ADP
ftr-322	545	62	a	a	PRON
ftr-322	545	63	;	;	PUNCT
ftr-322	545	64	and	and	CCONJ
ftr-322	545	65	(	(	PUNCT
ftr-322	545	66	3	3	X
ftr-322	545	67	)	)	PUNCT
ftr-322	545	68	if	if	SCONJ
ftr-322	545	69	it	it	PRON
ftr-322	545	70	is	be	AUX
ftr-322	545	71	sold	sell	VERB
ftr-322	545	72	below	below	ADP
ftr-322	545	73	book	book	NOUN
ftr-322	545	74	value	value	NOUN
ftr-322	545	75	or	or	CCONJ
ftr-322	545	76	above	above	ADP
ftr-322	545	77	the	the	DET
ftr-322	545	78	gain	gain	NOUN
ftr-322	545	79	chargeback	chargeback	NOUN
ftr-322	545	80	amount	amount	NOUN
ftr-322	545	81	,	,	PUNCT
ftr-322	545	82	then	then	ADV
ftr-322	545	83	all	all	DET
ftr-322	545	84	loss	loss	NOUN
ftr-322	545	85	or	or	CCONJ
ftr-322	545	86	all	all	DET
ftr-322	545	87	gain	gain	NOUN
ftr-322	545	88	in	in	ADP
ftr-322	545	89	respect	respect	NOUN
ftr-322	545	90	of	of	ADP
ftr-322	545	91	such	such	ADJ
ftr-322	545	92	excess	excess	NOUN
ftr-322	545	93	,	,	PUNCT
ftr-322	545	94	as	as	SCONJ
ftr-322	545	95	the	the	DET
ftr-322	545	96	case	case	NOUN
ftr-322	545	97	may	may	AUX
ftr-322	545	98	be	be	AUX
ftr-322	545	99	,	,	PUNCT
ftr-322	545	100	is	be	AUX
ftr-322	545	101	divided	divide	VERB
ftr-322	545	102	equally	equally	ADV
ftr-322	545	103	between	between	ADP
ftr-322	545	104	a	a	PRON
ftr-322	545	105	and	and	CCONJ
ftr-322	545	106	b	b	NOUN
ftr-322	545	107	,	,	PUNCT
ftr-322	545	108	representing	represent	VERB
ftr-322	545	109	a	a	DET
ftr-322	545	110	shift	shift	NOUN
ftr-322	545	111	of	of	ADP
ftr-322	545	112	30	30	NUM
ftr-322	545	113	percent	percent	NOUN
ftr-322	545	114	of	of	ADP
ftr-322	545	115	such	such	ADJ
ftr-322	545	116	loss	loss	NOUN
ftr-322	545	117	or	or	CCONJ
ftr-322	545	118	gain	gain	NOUN
ftr-322	545	119	from	from	ADP
ftr-322	545	120	b	b	NOUN
ftr-322	545	121	to	to	AUX
ftr-322	545	122	a.	a.	NOUN
ftr-322	545	123	this	this	DET
ftr-322	545	124	set	set	NOUN
ftr-322	545	125	of	of	ADP
ftr-322	545	126	payouts	payout	NOUN
ftr-322	545	127	is	be	AUX
ftr-322	545	128	similar	similar	ADJ
ftr-322	545	129	to	to	ADP
ftr-322	545	130	a	a	DET
ftr-322	545	131	form	form	NOUN
ftr-322	545	132	of	of	ADP
ftr-322	545	133	stratified	stratified	ADJ
ftr-322	545	134	ownership	ownership	NOUN
ftr-322	545	135	of	of	ADP
ftr-322	545	136	factory	factory	NOUN
ftr-322	545	137	much	much	ADV
ftr-322	545	138	as	as	SCONJ
ftr-322	545	139	one	one	NUM
ftr-322	545	140	finds	find	VERB
ftr-322	545	141	in	in	ADP
ftr-322	545	142	a	a	DET
ftr-322	545	143	standard	standard	ADJ
ftr-322	545	144	option	option	NOUN
ftr-322	545	145	transaction	transaction	NOUN
ftr-322	545	146	or	or	CCONJ
ftr-322	545	147	even	even	ADV
ftr-322	545	148	a	a	DET
ftr-322	545	149	notional	notional	ADJ
ftr-322	545	150	principal	principal	ADJ
ftr-322	545	151	contract	contract	NOUN
ftr-322	545	152	or	or	CCONJ
ftr-322	545	153	bullet	bullet	NOUN
ftr-322	545	154	swap	swap	NOUN
ftr-322	545	155	.	.	PUNCT
ftr-322	546	1	71	71	NUM
ftr-322	546	2	the	the	DET
ftr-322	546	3	main	main	ADJ
ftr-322	546	4	difference	difference	NOUN
ftr-322	546	5	is	be	AUX
ftr-322	546	6	that	that	SCONJ
ftr-322	546	7	all	all	PRON
ftr-322	546	8	of	of	ADP
ftr-322	546	9	the	the	DET
ftr-322	546	10	latter	latter	ADJ
ftr-322	546	11	arrangements	arrangement	NOUN
ftr-322	546	12	generally	generally	ADV
ftr-322	546	13	involve	involve	VERB
ftr-322	546	14	the	the	DET
ftr-322	546	15	complete	complete	ADJ
ftr-322	546	16	separation	separation	NOUN
ftr-322	546	17	,	,	PUNCT
ftr-322	546	18	over	over	ADP
ftr-322	546	19	some	some	DET
ftr-322	546	20	interval	interval	NOUN
ftr-322	546	21	of	of	ADP
ftr-322	546	22	possible	possible	ADJ
ftr-322	546	23	prices	price	NOUN
ftr-322	546	24	,	,	PUNCT
ftr-322	546	25	of	of	ADP
ftr-322	546	26	opportunity	opportunity	NOUN
ftr-322	546	27	for	for	ADP
ftr-322	546	28	gain	gain	NOUN
ftr-322	546	29	and	and	CCONJ
ftr-322	546	30	risk	risk	NOUN
ftr-322	546	31	of	of	ADP
ftr-322	546	32	loss	loss	NOUN
ftr-322	546	33	as	as	SCONJ
ftr-322	546	34	measured	measure	VERB
ftr-322	546	35	by	by	ADP
ftr-322	546	36	a	a	DET
ftr-322	546	37	reference	reference	NOUN
ftr-322	546	38	asset	asset	NOUN
ftr-322	546	39	.	.	PUNCT
ftr-322	547	1	for	for	ADP
ftr-322	547	2	example	example	NOUN
ftr-322	547	3	,	,	PUNCT
ftr-322	547	4	if	if	SCONJ
ftr-322	547	5	x	x	PRON
ftr-322	547	6	sells	sell	VERB
ftr-322	547	7	y	y	PROPN
ftr-322	547	8	a	a	DET
ftr-322	547	9	call	call	NOUN
ftr-322	547	10	option	option	NOUN
ftr-322	547	11	on	on	ADP
ftr-322	547	12	one	one	NUM
ftr-322	547	13	share	share	NOUN
ftr-322	547	14	of	of	ADP
ftr-322	547	15	brand	brand	PROPN
ftr-322	547	16	x	x	PROPN
ftr-322	547	17	corp	corp	PROPN
ftr-322	547	18	.	.	PROPN
ftr-322	547	19	stock	stock	PROPN
ftr-322	547	20	having	have	VERB
ftr-322	547	21	a	a	DET
ftr-322	547	22	$	$	SYM
ftr-322	547	23	100	100	NUM
ftr-322	547	24	strike	strike	NOUN
ftr-322	547	25	price	price	NOUN
ftr-322	547	26	,	,	PUNCT
ftr-322	547	27	y	y	PROPN
ftr-322	547	28	acquires	acquire	VERB
ftr-322	547	29	all	all	DET
ftr-322	547	30	opportunity	opportunity	NOUN
ftr-322	547	31	for	for	ADP
ftr-322	547	32	gain	gain	NOUN
ftr-322	547	33	71	71	NUM
ftr-322	547	34	.	.	PUNCT
ftr-322	548	1	in	in	ADP
ftr-322	548	2	a	a	DET
ftr-322	548	3	standard	standard	ADJ
ftr-322	548	4	option	option	NOUN
ftr-322	548	5	transaction	transaction	NOUN
ftr-322	548	6	,	,	PUNCT
ftr-322	548	7	one	one	NUM
ftr-322	548	8	party	party	NOUN
ftr-322	548	9	purchases	purchase	NOUN
ftr-322	548	10	from	from	ADP
ftr-322	548	11	a	a	DET
ftr-322	548	12	counterparty	counterparty	NOUN
ftr-322	548	13	the	the	DET
ftr-322	548	14	right	right	NOUN
ftr-322	548	15	,	,	PUNCT
ftr-322	548	16	but	but	CCONJ
ftr-322	548	17	not	not	PART
ftr-322	548	18	the	the	DET
ftr-322	548	19	obligation	obligation	NOUN
ftr-322	548	20	,	,	PUNCT
ftr-322	548	21	to	to	PART
ftr-322	548	22	purchase	purchase	VERB
ftr-322	548	23	or	or	CCONJ
ftr-322	548	24	sell	sell	VERB
ftr-322	548	25	an	an	DET
ftr-322	548	26	asset	asset	NOUN
ftr-322	548	27	at	at	ADP
ftr-322	548	28	a	a	DET
ftr-322	548	29	particular	particular	ADJ
ftr-322	548	30	price	price	NOUN
ftr-322	548	31	on	on	ADP
ftr-322	548	32	one	one	NUM
ftr-322	548	33	or	or	CCONJ
ftr-322	548	34	more	more	ADJ
ftr-322	548	35	dates	date	NOUN
ftr-322	548	36	.	.	PUNCT
ftr-322	549	1	john	john	PROPN
ftr-322	549	2	c.	c.	PROPN
ftr-322	549	3	hull	hull	PROPN
ftr-322	549	4	,	,	PUNCT
ftr-322	549	5	options	option	NOUN
ftr-322	549	6	,	,	PUNCT
ftr-322	549	7	futures	future	NOUN
ftr-322	549	8	,	,	PUNCT
ftr-322	549	9	and	and	CCONJ
ftr-322	549	10	other	other	ADJ
ftr-322	549	11	derivatives	derivative	NOUN
ftr-322	549	12	,	,	PUNCT
ftr-322	549	13	179–84	179–84	NOUN
ftr-322	549	14	(	(	PUNCT
ftr-322	549	15	7th	7th	ADJ
ftr-322	549	16	ed	ed	NOUN
ftr-322	549	17	.	.	PUNCT
ftr-322	549	18	2009	2009	NUM
ftr-322	549	19	)	)	PUNCT
ftr-322	549	20	.	.	PUNCT
ftr-322	550	1	in	in	ADP
ftr-322	550	2	a	a	DET
ftr-322	550	3	standard	standard	ADJ
ftr-322	550	4	notional	notional	ADJ
ftr-322	550	5	principal	principal	ADJ
ftr-322	550	6	contract	contract	NOUN
ftr-322	550	7	,	,	PUNCT
ftr-322	550	8	one	one	NUM
ftr-322	550	9	party	party	NOUN
ftr-322	550	10	promises	promise	VERB
ftr-322	550	11	to	to	PART
ftr-322	550	12	make	make	VERB
ftr-322	550	13	regular	regular	ADJ
ftr-322	550	14	payments	payment	NOUN
ftr-322	550	15	to	to	ADP
ftr-322	550	16	a	a	DET
ftr-322	550	17	counterparty	counterparty	NOUN
ftr-322	550	18	based	base	VERB
ftr-322	550	19	upon	upon	SCONJ
ftr-322	550	20	the	the	DET
ftr-322	550	21	value	value	NOUN
ftr-322	550	22	of	of	ADP
ftr-322	550	23	some	some	DET
ftr-322	550	24	reference	reference	NOUN
ftr-322	550	25	index	index	NOUN
ftr-322	550	26	applied	apply	VERB
ftr-322	550	27	to	to	ADP
ftr-322	550	28	a	a	DET
ftr-322	550	29	notional	notional	ADJ
ftr-322	550	30	principal	principal	ADJ
ftr-322	550	31	amount	amount	NOUN
ftr-322	550	32	,	,	PUNCT
ftr-322	550	33	while	while	SCONJ
ftr-322	550	34	the	the	DET
ftr-322	550	35	counterparty	counterparty	NOUN
ftr-322	550	36	promises	promise	VERB
ftr-322	550	37	to	to	PART
ftr-322	550	38	make	make	VERB
ftr-322	550	39	regular	regular	ADJ
ftr-322	550	40	payments	payment	NOUN
ftr-322	550	41	to	to	ADP
ftr-322	550	42	the	the	DET
ftr-322	550	43	first	first	ADJ
ftr-322	550	44	party	party	NOUN
ftr-322	550	45	based	base	VERB
ftr-322	550	46	upon	upon	SCONJ
ftr-322	550	47	some	some	DET
ftr-322	550	48	other	other	ADJ
ftr-322	550	49	reference	reference	NOUN
ftr-322	550	50	index	index	NOUN
ftr-322	550	51	as	as	SCONJ
ftr-322	550	52	applied	apply	VERB
ftr-322	550	53	to	to	ADP
ftr-322	550	54	the	the	DET
ftr-322	550	55	same	same	ADJ
ftr-322	550	56	notional	notional	ADJ
ftr-322	550	57	principal	principal	ADJ
ftr-322	550	58	amount	amount	NOUN
ftr-322	550	59	.	.	PUNCT
ftr-322	551	1	at	at	ADP
ftr-322	551	2	each	each	DET
ftr-322	551	3	payment	payment	NOUN
ftr-322	551	4	date	date	NOUN
ftr-322	551	5	,	,	PUNCT
ftr-322	551	6	the	the	DET
ftr-322	551	7	parties	party	NOUN
ftr-322	551	8	net	net	VERB
ftr-322	551	9	the	the	DET
ftr-322	551	10	amounts	amount	NOUN
ftr-322	551	11	,	,	PUNCT
ftr-322	551	12	with	with	ADP
ftr-322	551	13	a	a	DET
ftr-322	551	14	payment	payment	NOUN
ftr-322	551	15	going	go	VERB
ftr-322	551	16	only	only	ADV
ftr-322	551	17	to	to	ADP
ftr-322	551	18	the	the	DET
ftr-322	551	19	party	party	NOUN
ftr-322	551	20	whose	whose	DET
ftr-322	551	21	position‘s	position‘s	PROPN
ftr-322	551	22	value	value	NOUN
ftr-322	551	23	exceeds	exceed	VERB
ftr-322	551	24	that	that	PRON
ftr-322	551	25	of	of	ADP
ftr-322	551	26	the	the	DET
ftr-322	551	27	other	other	ADJ
ftr-322	551	28	party	party	NOUN
ftr-322	551	29	.	.	PUNCT
ftr-322	552	1	see	see	VERB
ftr-322	552	2	reg	reg	NOUN
ftr-322	552	3	.	.	PUNCT
ftr-322	553	1	§	§	PROPN
ftr-322	553	2	1.446	1.446	NUM
ftr-322	553	3	-	-	SYM
ftr-322	553	4	3	3	NUM
ftr-322	553	5	.	.	NUM
ftr-322	553	6	374	374	NUM
ftr-322	553	7	florida	florida	PROPN
ftr-322	553	8	tax	tax	NOUN
ftr-322	553	9	review	review	NOUN
ftr-322	553	10	[	[	X
ftr-322	553	11	vol	vol	NOUN
ftr-322	553	12	.	.	PUNCT
ftr-322	554	1	13:7	13:7	NUM
ftr-322	554	2	on	on	ADP
ftr-322	554	3	the	the	DET
ftr-322	554	4	share	share	NOUN
ftr-322	554	5	above	above	ADP
ftr-322	554	6	$	$	SYM
ftr-322	554	7	100	100	NUM
ftr-322	554	8	without	without	ADP
ftr-322	554	9	bearing	bear	VERB
ftr-322	554	10	any	any	DET
ftr-322	554	11	risk	risk	NOUN
ftr-322	554	12	of	of	ADP
ftr-322	554	13	loss	loss	NOUN
ftr-322	554	14	for	for	ADP
ftr-322	554	15	prices	price	NOUN
ftr-322	554	16	below	below	ADP
ftr-322	554	17	$	$	SYM
ftr-322	554	18	100	100	NUM
ftr-322	554	19	.	.	PUNCT
ftr-322	555	1	similarly	similarly	ADV
ftr-322	555	2	,	,	PUNCT
ftr-322	555	3	in	in	ADP
ftr-322	555	4	a	a	DET
ftr-322	555	5	bullet	bullet	NOUN
ftr-322	555	6	swap	swap	NOUN
ftr-322	555	7	,	,	PUNCT
ftr-322	555	8	the	the	DET
ftr-322	555	9	parties	party	NOUN
ftr-322	555	10	to	to	ADP
ftr-322	555	11	the	the	DET
ftr-322	555	12	arrangement	arrangement	NOUN
ftr-322	555	13	agree	agree	VERB
ftr-322	555	14	to	to	PART
ftr-322	555	15	net	net	VERB
ftr-322	555	16	the	the	DET
ftr-322	555	17	value	value	NOUN
ftr-322	555	18	of	of	ADP
ftr-322	555	19	one	one	NUM
ftr-322	555	20	position	position	NOUN
ftr-322	555	21	(	(	PUNCT
ftr-322	555	22	or	or	CCONJ
ftr-322	555	23	group	group	NOUN
ftr-322	555	24	of	of	ADP
ftr-322	555	25	positions	position	NOUN
ftr-322	555	26	)	)	PUNCT
ftr-322	555	27	against	against	ADP
ftr-322	555	28	that	that	PRON
ftr-322	555	29	of	of	ADP
ftr-322	555	30	another	another	PRON
ftr-322	555	31	.	.	PUNCT
ftr-322	556	1	72	72	NUM
ftr-322	556	2	the	the	DET
ftr-322	556	3	overall	overall	ADJ
ftr-322	556	4	effect	effect	NOUN
ftr-322	556	5	is	be	AUX
ftr-322	556	6	to	to	PART
ftr-322	556	7	assign	assign	VERB
ftr-322	556	8	all	all	DET
ftr-322	556	9	gain	gain	NOUN
ftr-322	556	10	in	in	ADP
ftr-322	556	11	respect	respect	NOUN
ftr-322	556	12	of	of	ADP
ftr-322	556	13	the	the	DET
ftr-322	556	14	difference	difference	NOUN
ftr-322	556	15	in	in	ADP
ftr-322	556	16	values	value	NOUN
ftr-322	556	17	between	between	ADP
ftr-322	556	18	the	the	DET
ftr-322	556	19	positions	position	NOUN
ftr-322	556	20	to	to	ADP
ftr-322	556	21	one	one	NUM
ftr-322	556	22	party	party	NOUN
ftr-322	556	23	.	.	PUNCT
ftr-322	557	1	under	under	ADP
ftr-322	557	2	the	the	DET
ftr-322	557	3	special	special	ADJ
ftr-322	557	4	allocation	allocation	NOUN
ftr-322	557	5	,	,	PUNCT
ftr-322	557	6	by	by	ADP
ftr-322	557	7	contrast	contrast	NOUN
ftr-322	557	8	,	,	PUNCT
ftr-322	557	9	the	the	DET
ftr-322	557	10	partners	partner	NOUN
ftr-322	557	11	agree	agree	VERB
ftr-322	557	12	that	that	SCONJ
ftr-322	557	13	over	over	ADP
ftr-322	557	14	all	all	DET
ftr-322	557	15	intervals	interval	NOUN
ftr-322	557	16	other	other	ADJ
ftr-322	557	17	than	than	ADP
ftr-322	557	18	gain	gain	NOUN
ftr-322	557	19	in	in	ADP
ftr-322	557	20	respect	respect	NOUN
ftr-322	557	21	of	of	ADP
ftr-322	557	22	previous	previous	ADJ
ftr-322	557	23	depreciation	depreciation	NOUN
ftr-322	557	24	,	,	PUNCT
ftr-322	557	25	both	both	PRON
ftr-322	557	26	of	of	ADP
ftr-322	557	27	them	they	PRON
ftr-322	557	28	will	will	AUX
ftr-322	557	29	bear	bear	VERB
ftr-322	557	30	risk	risk	NOUN
ftr-322	557	31	of	of	ADP
ftr-322	557	32	loss	loss	NOUN
ftr-322	557	33	and	and	CCONJ
ftr-322	557	34	opportunity	opportunity	NOUN
ftr-322	557	35	for	for	ADP
ftr-322	557	36	gain	gain	NOUN
ftr-322	557	37	—	—	PUNCT
ftr-322	557	38	just	just	ADV
ftr-322	557	39	not	not	PART
ftr-322	557	40	in	in	ADP
ftr-322	557	41	proportion	proportion	NOUN
ftr-322	557	42	to	to	ADP
ftr-322	557	43	their	their	PRON
ftr-322	557	44	ownership	ownership	NOUN
ftr-322	557	45	interests	interest	NOUN
ftr-322	557	46	in	in	ADP
ftr-322	557	47	factory	factory	NOUN
ftr-322	557	48	.	.	PUNCT
ftr-322	558	1	this	this	DET
ftr-322	558	2	difference	difference	NOUN
ftr-322	558	3	does	do	AUX
ftr-322	558	4	not	not	PART
ftr-322	558	5	appear	appear	VERB
ftr-322	558	6	significant	significant	ADJ
ftr-322	558	7	in	in	ADP
ftr-322	558	8	terms	term	NOUN
ftr-322	558	9	of	of	ADP
ftr-322	558	10	understanding	understand	VERB
ftr-322	558	11	the	the	DET
ftr-322	558	12	nature	nature	NOUN
ftr-322	558	13	of	of	ADP
ftr-322	558	14	the	the	DET
ftr-322	558	15	partners	partner	NOUN
ftr-322	558	16	‘	'	PUNCT
ftr-322	558	17	agreement	agreement	NOUN
ftr-322	558	18	as	as	ADP
ftr-322	558	19	akin	akin	ADJ
ftr-322	558	20	to	to	ADP
ftr-322	558	21	a	a	DET
ftr-322	558	22	risk	risk	NOUN
ftr-322	558	23	-	-	PUNCT
ftr-322	558	24	based	base	VERB
ftr-322	558	25	property	property	NOUN
ftr-322	558	26	division	division	NOUN
ftr-322	558	27	much	much	ADV
ftr-322	558	28	like	like	ADP
ftr-322	558	29	that	that	PRON
ftr-322	558	30	in	in	ADP
ftr-322	558	31	an	an	DET
ftr-322	558	32	option	option	NOUN
ftr-322	558	33	or	or	CCONJ
ftr-322	558	34	a	a	DET
ftr-322	558	35	swap	swap	NOUN
ftr-322	558	36	.	.	PUNCT
ftr-322	559	1	in	in	ADP
ftr-322	559	2	theory	theory	NOUN
ftr-322	559	3	,	,	PUNCT
ftr-322	559	4	one	one	PRON
ftr-322	559	5	could	could	AUX
ftr-322	559	6	attempt	attempt	VERB
ftr-322	559	7	to	to	PART
ftr-322	559	8	capture	capture	VERB
ftr-322	559	9	the	the	DET
ftr-322	559	10	tax	tax	NOUN
ftr-322	559	11	aspects	aspect	NOUN
ftr-322	559	12	of	of	ADP
ftr-322	559	13	this	this	DET
ftr-322	559	14	arrangement	arrangement	NOUN
ftr-322	559	15	on	on	ADP
ftr-322	559	16	either	either	CCONJ
ftr-322	559	17	an	an	DET
ftr-322	559	18	ex	ex	X
ftr-322	559	19	ante	ante	NOUN
ftr-322	559	20	or	or	CCONJ
ftr-322	559	21	an	an	DET
ftr-322	559	22	ex	ex	ADJ
ftr-322	559	23	post	post	NOUN
ftr-322	559	24	basis	basis	NOUN
ftr-322	559	25	.	.	PUNCT
ftr-322	560	1	that	that	PRON
ftr-322	560	2	is	is	ADV
ftr-322	560	3	,	,	PUNCT
ftr-322	560	4	one	one	PRON
ftr-322	560	5	could	could	AUX
ftr-322	560	6	assess	assess	VERB
ftr-322	560	7	the	the	DET
ftr-322	560	8	net	net	ADJ
ftr-322	560	9	expected	expect	VERB
ftr-322	560	10	value	value	NOUN
ftr-322	560	11	transfer	transfer	NOUN
ftr-322	560	12	(	(	PUNCT
ftr-322	560	13	which	which	PRON
ftr-322	560	14	undoubtedly	undoubtedly	ADV
ftr-322	560	15	runs	run	VERB
ftr-322	560	16	from	from	ADP
ftr-322	560	17	b	b	PROPN
ftr-322	560	18	to	to	ADP
ftr-322	560	19	a	a	DET
ftr-322	560	20	given	give	VERB
ftr-322	560	21	a‘s	a‘s	NOUN
ftr-322	560	22	right	right	ADV
ftr-322	560	23	to	to	ADP
ftr-322	560	24	all	all	DET
ftr-322	560	25	gain	gain	VERB
ftr-322	560	26	chargeback	chargeback	NOUN
ftr-322	560	27	)	)	PUNCT
ftr-322	560	28	at	at	ADP
ftr-322	560	29	some	some	DET
ftr-322	560	30	time	time	NOUN
ftr-322	560	31	prior	prior	ADV
ftr-322	560	32	to	to	ADP
ftr-322	560	33	the	the	DET
ftr-322	560	34	cash	cash	NOUN
ftr-322	560	35	-	-	PUNCT
ftr-322	560	36	out	out	NOUN
ftr-322	560	37	of	of	ADP
ftr-322	560	38	the	the	DET
ftr-322	560	39	special	special	ADJ
ftr-322	560	40	allocation	allocation	NOUN
ftr-322	560	41	and	and	CCONJ
ftr-322	560	42	assess	assess	NOUN
ftr-322	560	43	tax	tax	NOUN
ftr-322	560	44	then	then	ADV
ftr-322	560	45	or	or	CCONJ
ftr-322	560	46	instead	instead	ADV
ftr-322	560	47	tax	tax	VERB
ftr-322	560	48	the	the	DET
ftr-322	560	49	transfer	transfer	NOUN
ftr-322	560	50	when	when	SCONJ
ftr-322	560	51	the	the	DET
ftr-322	560	52	payout	payout	NOUN
ftr-322	560	53	—	—	PUNCT
ftr-322	560	54	which	which	PRON
ftr-322	560	55	can	can	AUX
ftr-322	560	56	go	go	VERB
ftr-322	560	57	either	either	DET
ftr-322	560	58	way	way	NOUN
ftr-322	560	59	—	—	PUNCT
ftr-322	560	60	occurs	occur	VERB
ftr-322	560	61	.	.	PUNCT
ftr-322	561	1	a	a	DET
ftr-322	561	2	variety	variety	NOUN
ftr-322	561	3	of	of	ADP
ftr-322	561	4	considerations	consideration	NOUN
ftr-322	561	5	suggest	suggest	VERB
ftr-322	561	6	that	that	SCONJ
ftr-322	561	7	taxation	taxation	NOUN
ftr-322	561	8	on	on	ADP
ftr-322	561	9	an	an	DET
ftr-322	561	10	ex	ex	X
ftr-322	561	11	post	post	NOUN
ftr-322	561	12	basis	basis	NOUN
ftr-322	561	13	is	be	AUX
ftr-322	561	14	strongly	strongly	ADV
ftr-322	561	15	preferable	preferable	ADJ
ftr-322	561	16	.	.	PUNCT
ftr-322	562	1	ex	ex	X
ftr-322	562	2	ante	ante	NOUN
ftr-322	562	3	taxation	taxation	NOUN
ftr-322	562	4	seems	seem	VERB
ftr-322	562	5	nearly	nearly	ADV
ftr-322	562	6	impossible	impossible	ADJ
ftr-322	562	7	as	as	ADP
ftr-322	562	8	a	a	DET
ftr-322	562	9	practical	practical	ADJ
ftr-322	562	10	matter	matter	NOUN
ftr-322	562	11	for	for	ADP
ftr-322	562	12	at	at	ADV
ftr-322	562	13	least	least	ADV
ftr-322	562	14	four	four	NUM
ftr-322	562	15	reasons	reason	NOUN
ftr-322	562	16	.	.	PUNCT
ftr-322	563	1	first	first	ADV
ftr-322	563	2	,	,	PUNCT
ftr-322	563	3	unless	unless	SCONJ
ftr-322	563	4	the	the	DET
ftr-322	563	5	partnership‘s	partnership‘s	PROPN
ftr-322	563	6	property	property	NOUN
ftr-322	563	7	is	be	AUX
ftr-322	563	8	publicly	publicly	ADV
ftr-322	563	9	traded	trade	VERB
ftr-322	563	10	,	,	PUNCT
ftr-322	563	11	it	it	PRON
ftr-322	563	12	will	will	AUX
ftr-322	563	13	be	be	AUX
ftr-322	563	14	exceedingly	exceedingly	ADV
ftr-322	563	15	difficult	difficult	ADJ
ftr-322	563	16	to	to	PART
ftr-322	563	17	value	value	VERB
ftr-322	563	18	the	the	DET
ftr-322	563	19	net	net	ADJ
ftr-322	563	20	transfer	transfer	NOUN
ftr-322	563	21	(	(	PUNCT
ftr-322	563	22	if	if	SCONJ
ftr-322	563	23	any	any	PRON
ftr-322	563	24	)	)	PUNCT
ftr-322	563	25	from	from	ADP
ftr-322	563	26	one	one	NUM
ftr-322	563	27	partner	partner	NOUN
ftr-322	563	28	to	to	ADP
ftr-322	563	29	one	one	NUM
ftr-322	563	30	or	or	CCONJ
ftr-322	563	31	more	more	ADJ
ftr-322	563	32	other	other	ADJ
ftr-322	563	33	partners	partner	NOUN
ftr-322	563	34	resulting	result	VERB
ftr-322	563	35	from	from	ADP
ftr-322	563	36	the	the	DET
ftr-322	563	37	special	special	ADJ
ftr-322	563	38	allocation	allocation	NOUN
ftr-322	563	39	.	.	PUNCT
ftr-322	564	1	second	second	ADJ
ftr-322	564	2	,	,	PUNCT
ftr-322	564	3	even	even	ADV
ftr-322	564	4	if	if	SCONJ
ftr-322	564	5	the	the	DET
ftr-322	564	6	partnership	partnership	NOUN
ftr-322	564	7	property	property	NOUN
ftr-322	564	8	is	be	AUX
ftr-322	564	9	publicly	publicly	ADV
ftr-322	564	10	traded	trade	VERB
ftr-322	564	11	,	,	PUNCT
ftr-322	564	12	the	the	DET
ftr-322	564	13	division	division	NOUN
ftr-322	564	14	itself	itself	PRON
ftr-322	564	15	is	be	AUX
ftr-322	564	16	non	non	ADJ
ftr-322	564	17	-	-	ADJ
ftr-322	564	18	standard	standard	ADJ
ftr-322	564	19	,	,	PUNCT
ftr-322	564	20	complicating	complicate	VERB
ftr-322	564	21	valuation	valuation	NOUN
ftr-322	564	22	further	far	ADV
ftr-322	564	23	:	:	PUNCT
ftr-322	564	24	there	there	PRON
ftr-322	564	25	are	be	VERB
ftr-322	564	26	unlikely	unlikely	ADJ
ftr-322	564	27	to	to	PART
ftr-322	564	28	be	be	AUX
ftr-322	564	29	comparable	comparable	ADJ
ftr-322	564	30	transactions	transaction	NOUN
ftr-322	564	31	in	in	ADP
ftr-322	564	32	the	the	DET
ftr-322	564	33	market	market	NOUN
ftr-322	564	34	to	to	PART
ftr-322	564	35	which	which	PRON
ftr-322	564	36	the	the	DET
ftr-322	564	37	partners	partner	NOUN
ftr-322	564	38	can	can	AUX
ftr-322	564	39	refer	refer	VERB
ftr-322	564	40	in	in	ADP
ftr-322	564	41	valuing	value	VERB
ftr-322	564	42	the	the	DET
ftr-322	564	43	special	special	ADJ
ftr-322	564	44	allocation	allocation	NOUN
ftr-322	564	45	.	.	PUNCT
ftr-322	565	1	third	third	ADJ
ftr-322	565	2	,	,	PUNCT
ftr-322	565	3	it	it	PRON
ftr-322	565	4	is	be	AUX
ftr-322	565	5	not	not	PART
ftr-322	565	6	entirely	entirely	ADV
ftr-322	565	7	clear	clear	ADJ
ftr-322	565	8	when	when	SCONJ
ftr-322	565	9	taxation	taxation	NOUN
ftr-322	565	10	would	would	AUX
ftr-322	565	11	occur	occur	VERB
ftr-322	565	12	if	if	SCONJ
ftr-322	565	13	it	it	PRON
ftr-322	565	14	occurs	occur	VERB
ftr-322	565	15	before	before	SCONJ
ftr-322	565	16	the	the	DET
ftr-322	565	17	property	property	NOUN
ftr-322	565	18	is	be	AUX
ftr-322	565	19	sold	sell	VERB
ftr-322	565	20	.	.	PUNCT
ftr-322	566	1	would	would	AUX
ftr-322	566	2	it	it	PRON
ftr-322	566	3	happen	happen	VERB
ftr-322	566	4	when	when	SCONJ
ftr-322	566	5	the	the	DET
ftr-322	566	6	special	special	ADJ
ftr-322	566	7	allocation	allocation	NOUN
ftr-322	566	8	became	become	VERB
ftr-322	566	9	part	part	NOUN
ftr-322	566	10	of	of	ADP
ftr-322	566	11	the	the	DET
ftr-322	566	12	partnership	partnership	NOUN
ftr-322	566	13	agreement	agreement	NOUN
ftr-322	566	14	?	?	PUNCT
ftr-322	567	1	annually	annually	ADV
ftr-322	567	2	?	?	PUNCT
ftr-322	568	1	fourth	fourth	ADV
ftr-322	568	2	,	,	PUNCT
ftr-322	568	3	the	the	DET
ftr-322	568	4	net	net	ADJ
ftr-322	568	5	value	value	NOUN
ftr-322	568	6	of	of	ADP
ftr-322	568	7	the	the	DET
ftr-322	568	8	transfer	transfer	NOUN
ftr-322	568	9	varies	vary	VERB
ftr-322	568	10	depending	depend	VERB
ftr-322	568	11	upon	upon	SCONJ
ftr-322	568	12	the	the	DET
ftr-322	568	13	disparities	disparity	NOUN
ftr-322	568	14	in	in	ADP
ftr-322	568	15	the	the	DET
ftr-322	568	16	partners	partner	NOUN
ftr-322	568	17	‘	'	PUNCT
ftr-322	568	18	capital	capital	NOUN
ftr-322	568	19	accounts	account	NOUN
ftr-322	568	20	,	,	PUNCT
ftr-322	568	21	and	and	CCONJ
ftr-322	568	22	these	these	DET
ftr-322	568	23	shift	shift	NOUN
ftr-322	568	24	over	over	ADP
ftr-322	568	25	time	time	NOUN
ftr-322	568	26	along	along	ADP
ftr-322	568	27	with	with	ADP
ftr-322	568	28	the	the	DET
ftr-322	568	29	value	value	NOUN
ftr-322	568	30	of	of	ADP
ftr-322	568	31	the	the	DET
ftr-322	568	32	underlying	underlie	VERB
ftr-322	568	33	property	property	NOUN
ftr-322	568	34	.	.	PUNCT
ftr-322	569	1	accordingly	accordingly	ADV
ftr-322	569	2	,	,	PUNCT
ftr-322	569	3	even	even	ADV
ftr-322	569	4	ex	ex	X
ftr-322	569	5	ante	ante	NOUN
ftr-322	569	6	taxation	taxation	NOUN
ftr-322	569	7	could	could	AUX
ftr-322	569	8	not	not	PART
ftr-322	569	9	occur	occur	VERB
ftr-322	569	10	less	less	ADV
ftr-322	569	11	often	often	ADV
ftr-322	569	12	than	than	ADP
ftr-322	569	13	annually	annually	ADV
ftr-322	569	14	if	if	SCONJ
ftr-322	569	15	there	there	PRON
ftr-322	569	16	were	be	VERB
ftr-322	569	17	any	any	DET
ftr-322	569	18	doubts	doubt	NOUN
ftr-322	569	19	about	about	ADP
ftr-322	569	20	the	the	DET
ftr-322	569	21	partners	partner	NOUN
ftr-322	569	22	‘	'	PUNCT
ftr-322	569	23	relative	relative	ADJ
ftr-322	569	24	capital	capital	NOUN
ftr-322	569	25	account	account	NOUN
ftr-322	569	26	balances	balance	NOUN
ftr-322	569	27	from	from	ADP
ftr-322	569	28	year	year	NOUN
ftr-322	569	29	to	to	ADP
ftr-322	569	30	year	year	NOUN
ftr-322	569	31	.	.	PUNCT
ftr-322	570	1	in	in	ADP
ftr-322	570	2	addition	addition	NOUN
ftr-322	570	3	to	to	ADP
ftr-322	570	4	these	these	DET
ftr-322	570	5	practical	practical	ADJ
ftr-322	570	6	considerations	consideration	NOUN
ftr-322	570	7	,	,	PUNCT
ftr-322	570	8	taxation	taxation	NOUN
ftr-322	570	9	at	at	ADP
ftr-322	570	10	the	the	DET
ftr-322	570	11	creation	creation	NOUN
ftr-322	570	12	of	of	ADP
ftr-322	570	13	the	the	DET
ftr-322	570	14	special	special	ADJ
ftr-322	570	15	allocation	allocation	NOUN
ftr-322	570	16	would	would	AUX
ftr-322	570	17	seem	seem	VERB
ftr-322	570	18	to	to	PART
ftr-322	570	19	be	be	AUX
ftr-322	570	20	inconsistent	inconsistent	ADJ
ftr-322	570	21	with	with	ADP
ftr-322	570	22	the	the	DET
ftr-322	570	23	code‘s	code‘s	NOUN
ftr-322	570	24	general	general	ADJ
ftr-322	570	25	policy	policy	NOUN
ftr-322	570	26	of	of	ADP
ftr-322	570	27	deferring	defer	VERB
ftr-322	570	28	taxation	taxation	NOUN
ftr-322	570	29	in	in	ADP
ftr-322	570	30	connection	connection	NOUN
ftr-322	570	31	with	with	ADP
ftr-322	570	32	the	the	DET
ftr-322	570	33	realization	realization	NOUN
ftr-322	570	34	of	of	ADP
ftr-322	570	35	gain	gain	NOUN
ftr-322	570	36	or	or	CCONJ
ftr-322	570	37	loss	loss	NOUN
ftr-322	570	38	on	on	ADP
ftr-322	570	39	the	the	DET
ftr-322	570	40	formation	formation	NOUN
ftr-322	570	41	of	of	ADP
ftr-322	570	42	partnerships	partnership	NOUN
ftr-322	570	43	or	or	CCONJ
ftr-322	570	44	the	the	DET
ftr-322	570	45	adjustment	adjustment	NOUN
ftr-322	570	46	of	of	ADP
ftr-322	570	47	relative	relative	ADJ
ftr-322	570	48	ownership	ownership	NOUN
ftr-322	570	49	in	in	ADP
ftr-322	570	50	the	the	DET
ftr-322	570	51	partnership	partnership	NOUN
ftr-322	570	52	among	among	ADP
ftr-322	570	53	the	the	DET
ftr-322	570	54	partners	partner	NOUN
ftr-322	570	55	.	.	PUNCT
ftr-322	571	1	73	73	NUM
ftr-322	571	2	this	this	DET
ftr-322	571	3	policy	policy	NOUN
ftr-322	571	4	is	be	AUX
ftr-322	571	5	embodied	embody	VERB
ftr-322	571	6	in	in	ADP
ftr-322	571	7	numerous	numerous	ADJ
ftr-322	571	8	provisions	provision	NOUN
ftr-322	571	9	,	,	PUNCT
ftr-322	571	10	including	include	VERB
ftr-322	571	11	those	those	PRON
ftr-322	571	12	covering	cover	VERB
ftr-322	571	13	formation	formation	NOUN
ftr-322	571	14	,	,	PUNCT
ftr-322	571	15	74	74	NUM
ftr-322	571	16	shifts	shift	NOUN
ftr-322	571	17	of	of	ADP
ftr-322	571	18	72	72	NUM
ftr-322	571	19	.	.	PUNCT
ftr-322	572	1	see	see	VERB
ftr-322	572	2	,	,	PUNCT
ftr-322	572	3	e.g.	e.g.	ADV
ftr-322	572	4	,	,	PUNCT
ftr-322	572	5	prop	prop	NOUN
ftr-322	572	6	.	.	PUNCT
ftr-322	573	1	reg	reg	PROPN
ftr-322	573	2	.	.	PUNCT
ftr-322	574	1	§	§	PROPN
ftr-322	574	2	1.1234a-1(c)(2	1.1234a-1(c)(2	NUM
ftr-322	574	3	)	)	PUNCT
ftr-322	574	4	(	(	PUNCT
ftr-322	574	5	defining	define	VERB
ftr-322	574	6	bullet	bullet	NOUN
ftr-322	574	7	swaps	swap	NOUN
ftr-322	574	8	)	)	PUNCT
ftr-322	574	9	.	.	PUNCT
ftr-322	575	1	73	73	NUM
ftr-322	575	2	.	.	PUNCT
ftr-322	576	1	for	for	ADP
ftr-322	576	2	deferral	deferral	ADJ
ftr-322	576	3	on	on	ADP
ftr-322	576	4	formation	formation	NOUN
ftr-322	576	5	,	,	PUNCT
ftr-322	576	6	see	see	VERB
ftr-322	576	7	i.r.c	i.r.c	NOUN
ftr-322	576	8	.	.	PUNCT
ftr-322	577	1	§	§	PROPN
ftr-322	577	2	721	721	NUM
ftr-322	577	3	.	.	PUNCT
ftr-322	578	1	for	for	ADP
ftr-322	578	2	deferral	deferral	ADJ
ftr-322	578	3	(	(	PUNCT
ftr-322	578	4	where	where	SCONJ
ftr-322	578	5	possible	possible	ADJ
ftr-322	578	6	)	)	PUNCT
ftr-322	578	7	on	on	ADP
ftr-322	578	8	adjustment	adjustment	NOUN
ftr-322	578	9	of	of	ADP
ftr-322	578	10	ownership	ownership	NOUN
ftr-322	578	11	positions	position	NOUN
ftr-322	578	12	,	,	PUNCT
ftr-322	578	13	see	see	VERB
ftr-322	578	14	i.r.c	i.r.c	NOUN
ftr-322	578	15	.	.	PUNCT
ftr-322	579	1	§	§	PROPN
ftr-322	579	2	732	732	NUM
ftr-322	579	3	.	.	X
ftr-322	579	4	74	74	NUM
ftr-322	579	5	.	.	PUNCT
ftr-322	579	6	i.r.c	i.r.c	NOUN
ftr-322	579	7	.	.	PUNCT
ftr-322	580	1	§	§	PROPN
ftr-322	580	2	721	721	NUM
ftr-322	580	3	.	.	PUNCT
ftr-322	580	4	2012	2012	NUM
ftr-322	580	5	]	]	PUNCT
ftr-322	580	6	special	special	ADJ
ftr-322	580	7	allocations	allocation	NOUN
ftr-322	580	8	revisited	revisit	VERB
ftr-322	580	9	375	375	NUM
ftr-322	580	10	ownership	ownership	NOUN
ftr-322	580	11	interests	interest	NOUN
ftr-322	580	12	,	,	PUNCT
ftr-322	580	13	and	and	CCONJ
ftr-322	580	14	liquidation	liquidation	NOUN
ftr-322	580	15	.	.	PUNCT
ftr-322	581	1	75	75	NUM
ftr-322	581	2	and	and	CCONJ
ftr-322	581	3	finally	finally	ADV
ftr-322	581	4	,	,	PUNCT
ftr-322	581	5	and	and	CCONJ
ftr-322	581	6	perhaps	perhaps	ADV
ftr-322	581	7	of	of	ADP
ftr-322	581	8	greatest	great	ADJ
ftr-322	581	9	importance	importance	NOUN
ftr-322	581	10	,	,	PUNCT
ftr-322	581	11	the	the	DET
ftr-322	581	12	value	value	NOUN
ftr-322	581	13	-	-	PUNCT
ftr-322	581	14	equals	equal	NOUN
ftr-322	581	15	-	-	PUNCT
ftr-322	581	16	book	book	NOUN
ftr-322	581	17	rule	rule	NOUN
ftr-322	581	18	of	of	ADP
ftr-322	581	19	the	the	DET
ftr-322	581	20	see	see	NOUN
ftr-322	581	21	regulations	regulation	NOUN
ftr-322	581	22	76	76	NUM
ftr-322	581	23	is	be	AUX
ftr-322	581	24	likely	likely	ADJ
ftr-322	581	25	to	to	PART
ftr-322	581	26	distort	distort	VERB
ftr-322	581	27	materially	materially	ADV
ftr-322	581	28	the	the	DET
ftr-322	581	29	pricing	pricing	NOUN
ftr-322	581	30	of	of	ADP
ftr-322	581	31	a	a	DET
ftr-322	581	32	special	special	ADJ
ftr-322	581	33	allocation	allocation	NOUN
ftr-322	581	34	on	on	ADP
ftr-322	581	35	an	an	DET
ftr-322	581	36	ex	ex	NOUN
ftr-322	581	37	ante	ante	NOUN
ftr-322	581	38	basis	basis	NOUN
ftr-322	581	39	.	.	PUNCT
ftr-322	582	1	as	as	SCONJ
ftr-322	582	2	noted	note	VERB
ftr-322	582	3	previously	previously	ADV
ftr-322	582	4	,	,	PUNCT
ftr-322	582	5	the	the	DET
ftr-322	582	6	rule	rule	NOUN
ftr-322	582	7	is	be	AUX
ftr-322	582	8	grounded	ground	VERB
ftr-322	582	9	in	in	ADP
ftr-322	582	10	administrability	administrability	NOUN
ftr-322	582	11	and	and	CCONJ
ftr-322	582	12	bears	bear	VERB
ftr-322	582	13	little	little	ADJ
ftr-322	582	14	relation	relation	NOUN
ftr-322	582	15	to	to	ADP
ftr-322	582	16	reality	reality	NOUN
ftr-322	582	17	especially	especially	ADV
ftr-322	582	18	in	in	ADP
ftr-322	582	19	the	the	DET
ftr-322	582	20	case	case	NOUN
ftr-322	582	21	of	of	ADP
ftr-322	582	22	property	property	NOUN
ftr-322	582	23	subject	subject	NOUN
ftr-322	582	24	to	to	ADP
ftr-322	582	25	accelerated	accelerate	VERB
ftr-322	582	26	depreciation	depreciation	NOUN
ftr-322	582	27	.	.	PUNCT
ftr-322	583	1	77	77	NUM
ftr-322	584	1	if	if	SCONJ
ftr-322	584	2	partnership	partnership	NOUN
ftr-322	584	3	property	property	NOUN
ftr-322	584	4	is	be	AUX
ftr-322	584	5	assumed	assume	VERB
ftr-322	584	6	to	to	PART
ftr-322	584	7	have	have	VERB
ftr-322	584	8	an	an	DET
ftr-322	584	9	artificially	artificially	ADV
ftr-322	584	10	low	low	ADJ
ftr-322	584	11	fair	fair	ADJ
ftr-322	584	12	market	market	NOUN
ftr-322	584	13	value	value	NOUN
ftr-322	584	14	for	for	ADP
ftr-322	584	15	future	future	ADJ
ftr-322	584	16	years	year	NOUN
ftr-322	584	17	,	,	PUNCT
ftr-322	584	18	then	then	ADV
ftr-322	584	19	efforts	effort	NOUN
ftr-322	584	20	to	to	PART
ftr-322	584	21	price	price	VERB
ftr-322	584	22	the	the	DET
ftr-322	584	23	value	value	NOUN
ftr-322	584	24	of	of	ADP
ftr-322	584	25	a	a	DET
ftr-322	584	26	capital	capital	NOUN
ftr-322	584	27	shift	shift	NOUN
ftr-322	584	28	that	that	PRON
ftr-322	584	29	takes	take	VERB
ftr-322	584	30	the	the	DET
ftr-322	584	31	form	form	NOUN
ftr-322	584	32	of	of	ADP
ftr-322	584	33	an	an	DET
ftr-322	584	34	option	option	NOUN
ftr-322	584	35	or	or	CCONJ
ftr-322	584	36	option	option	NOUN
ftr-322	584	37	-	-	PUNCT
ftr-322	584	38	like	like	ADJ
ftr-322	584	39	position	position	NOUN
ftr-322	584	40	on	on	ADP
ftr-322	584	41	depreciable	depreciable	ADJ
ftr-322	584	42	property	property	NOUN
ftr-322	584	43	(	(	PUNCT
ftr-322	584	44	or	or	CCONJ
ftr-322	584	45	a	a	DET
ftr-322	584	46	portion	portion	NOUN
ftr-322	584	47	of	of	ADP
ftr-322	584	48	it	it	PRON
ftr-322	584	49	)	)	PUNCT
ftr-322	584	50	having	have	VERB
ftr-322	584	51	a	a	DET
ftr-322	584	52	strike	strike	NOUN
ftr-322	584	53	price	price	NOUN
ftr-322	584	54	equal	equal	ADJ
ftr-322	584	55	to	to	ADP
ftr-322	584	56	book	book	NOUN
ftr-322	584	57	value	value	NOUN
ftr-322	584	58	are	be	AUX
ftr-322	584	59	likely	likely	ADJ
ftr-322	584	60	to	to	PART
ftr-322	584	61	understate	understate	VERB
ftr-322	584	62	,	,	PUNCT
ftr-322	584	63	perhaps	perhaps	ADV
ftr-322	584	64	quite	quite	ADV
ftr-322	584	65	substantially	substantially	ADV
ftr-322	584	66	,	,	PUNCT
ftr-322	584	67	the	the	DET
ftr-322	584	68	value	value	NOUN
ftr-322	584	69	of	of	ADP
ftr-322	584	70	the	the	DET
ftr-322	584	71	position	position	NOUN
ftr-322	584	72	.	.	PUNCT
ftr-322	585	1	these	these	DET
ftr-322	585	2	considerations	consideration	NOUN
ftr-322	585	3	would	would	AUX
ftr-322	585	4	seem	seem	VERB
ftr-322	585	5	to	to	PART
ftr-322	585	6	point	point	VERB
ftr-322	585	7	decisively	decisively	ADV
ftr-322	585	8	to	to	ADP
ftr-322	585	9	taxation	taxation	NOUN
ftr-322	585	10	on	on	ADP
ftr-322	585	11	termination	termination	NOUN
ftr-322	585	12	of	of	ADP
ftr-322	585	13	the	the	DET
ftr-322	585	14	position	position	NOUN
ftr-322	585	15	,	,	PUNCT
ftr-322	585	16	at	at	ADP
ftr-322	585	17	which	which	DET
ftr-322	585	18	time	time	NOUN
ftr-322	585	19	the	the	DET
ftr-322	585	20	difficulties	difficulty	NOUN
ftr-322	585	21	described	describe	VERB
ftr-322	585	22	above	above	ADV
ftr-322	585	23	are	be	AUX
ftr-322	585	24	absent	absent	ADJ
ftr-322	585	25	,	,	PUNCT
ftr-322	585	26	and	and	CCONJ
ftr-322	585	27	no	no	DET
ftr-322	585	28	policy	policy	NOUN
ftr-322	585	29	of	of	ADP
ftr-322	585	30	continuing	continue	VERB
ftr-322	585	31	deferral	deferral	NOUN
ftr-322	585	32	would	would	AUX
ftr-322	585	33	seem	seem	VERB
ftr-322	585	34	to	to	PART
ftr-322	585	35	be	be	AUX
ftr-322	585	36	in	in	ADP
ftr-322	585	37	play	play	NOUN
ftr-322	585	38	.	.	PUNCT
ftr-322	586	1	a	a	DET
ftr-322	586	2	possibly	possibly	ADV
ftr-322	586	3	countervailing	countervail	VERB
ftr-322	586	4	consideration	consideration	NOUN
ftr-322	586	5	is	be	AUX
ftr-322	586	6	that	that	SCONJ
ftr-322	586	7	taxation	taxation	NOUN
ftr-322	586	8	on	on	ADP
ftr-322	586	9	realization	realization	NOUN
ftr-322	586	10	may	may	AUX
ftr-322	586	11	create	create	VERB
ftr-322	586	12	tax	tax	NOUN
ftr-322	586	13	electivity	electivity	NOUN
ftr-322	586	14	or	or	CCONJ
ftr-322	586	15	arbitrage	arbitrage	NOUN
ftr-322	586	16	opportunities	opportunity	NOUN
ftr-322	586	17	if	if	SCONJ
ftr-322	586	18	similar	similar	ADJ
ftr-322	586	19	arrangements	arrangement	NOUN
ftr-322	586	20	can	can	AUX
ftr-322	586	21	be	be	AUX
ftr-322	586	22	established	establish	VERB
ftr-322	586	23	in	in	ADP
ftr-322	586	24	settings	setting	NOUN
ftr-322	586	25	outside	outside	ADP
ftr-322	586	26	the	the	DET
ftr-322	586	27	partnership	partnership	NOUN
ftr-322	586	28	context	context	NOUN
ftr-322	586	29	in	in	ADP
ftr-322	586	30	which	which	PRON
ftr-322	586	31	a	a	DET
ftr-322	586	32	different	different	ADJ
ftr-322	586	33	set	set	NOUN
ftr-322	586	34	of	of	ADP
ftr-322	586	35	timing	timing	NOUN
ftr-322	586	36	or	or	CCONJ
ftr-322	586	37	character	character	NOUN
ftr-322	586	38	rules	rule	NOUN
ftr-322	586	39	applies	apply	VERB
ftr-322	586	40	.	.	PUNCT
ftr-322	587	1	nonetheless	nonetheless	ADV
ftr-322	587	2	,	,	PUNCT
ftr-322	587	3	given	give	VERB
ftr-322	587	4	the	the	DET
ftr-322	587	5	uniqueness	uniqueness	NOUN
ftr-322	587	6	of	of	ADP
ftr-322	587	7	most	most	ADJ
ftr-322	587	8	positions	position	NOUN
ftr-322	587	9	resulting	result	VERB
ftr-322	587	10	from	from	ADP
ftr-322	587	11	partnership	partnership	NOUN
ftr-322	587	12	special	special	ADJ
ftr-322	587	13	allocations	allocation	NOUN
ftr-322	587	14	,	,	PUNCT
ftr-322	587	15	it	it	PRON
ftr-322	587	16	appears	appear	VERB
ftr-322	587	17	that	that	SCONJ
ftr-322	587	18	electivity	electivity	NOUN
ftr-322	587	19	and	and	CCONJ
ftr-322	587	20	arbitrage	arbitrage	NOUN
ftr-322	587	21	worries	worry	NOUN
ftr-322	587	22	should	should	AUX
ftr-322	587	23	be	be	AUX
ftr-322	587	24	minimal	minimal	ADJ
ftr-322	587	25	.	.	PUNCT
ftr-322	588	1	accordingly	accordingly	ADV
ftr-322	588	2	,	,	PUNCT
ftr-322	588	3	as	as	SCONJ
ftr-322	588	4	the	the	DET
ftr-322	588	5	partnership	partnership	NOUN
ftr-322	588	6	realizes	realize	VERB
ftr-322	588	7	income	income	NOUN
ftr-322	588	8	or	or	CCONJ
ftr-322	588	9	loss	loss	NOUN
ftr-322	588	10	,	,	PUNCT
ftr-322	588	11	a	a	DET
ftr-322	588	12	net	net	ADJ
ftr-322	588	13	transfer	transfer	NOUN
ftr-322	588	14	in	in	ADP
ftr-322	588	15	partnership	partnership	NOUN
ftr-322	588	16	interest	interest	NOUN
ftr-322	588	17	goes	go	VERB
ftr-322	588	18	from	from	ADP
ftr-322	588	19	one	one	NUM
ftr-322	588	20	party	party	NOUN
ftr-322	588	21	to	to	ADP
ftr-322	588	22	the	the	DET
ftr-322	588	23	other	other	ADJ
ftr-322	588	24	based	base	VERB
ftr-322	588	25	upon	upon	SCONJ
ftr-322	588	26	the	the	DET
ftr-322	588	27	extent	extent	NOUN
ftr-322	588	28	to	to	PART
ftr-322	588	29	which	which	PRON
ftr-322	588	30	a	a	DET
ftr-322	588	31	partner	partner	NOUN
ftr-322	588	32	is	be	AUX
ftr-322	588	33	enjoying	enjoy	VERB
ftr-322	588	34	an	an	DET
ftr-322	588	35	extra	extra	ADJ
ftr-322	588	36	gain	gain	NOUN
ftr-322	588	37	or	or	CCONJ
ftr-322	588	38	absorbing	absorb	VERB
ftr-322	588	39	an	an	DET
ftr-322	588	40	extra	extra	ADJ
ftr-322	588	41	loss	loss	NOUN
ftr-322	588	42	relative	relative	ADJ
ftr-322	588	43	to	to	ADP
ftr-322	588	44	the	the	DET
ftr-322	588	45	partner‘s	partner‘s	ADJ
ftr-322	588	46	capital	capital	NOUN
ftr-322	588	47	account	account	NOUN
ftr-322	588	48	.	.	PUNCT
ftr-322	589	1	in	in	ADP
ftr-322	589	2	the	the	DET
ftr-322	589	3	example	example	NOUN
ftr-322	589	4	,	,	PUNCT
ftr-322	589	5	if	if	SCONJ
ftr-322	589	6	the	the	DET
ftr-322	589	7	property	property	NOUN
ftr-322	589	8	is	be	AUX
ftr-322	589	9	sold	sell	VERB
ftr-322	589	10	at	at	ADP
ftr-322	589	11	a	a	DET
ftr-322	589	12	loss	loss	NOUN
ftr-322	589	13	,	,	PUNCT
ftr-322	589	14	there	there	PRON
ftr-322	589	15	is	be	VERB
ftr-322	589	16	a	a	DET
ftr-322	589	17	net	net	ADJ
ftr-322	589	18	payment	payment	NOUN
ftr-322	589	19	from	from	ADP
ftr-322	589	20	a	a	DET
ftr-322	589	21	to	to	PART
ftr-322	589	22	b	b	NOUN
ftr-322	589	23	equal	equal	ADJ
ftr-322	589	24	to	to	ADP
ftr-322	589	25	30	30	NUM
ftr-322	589	26	percent	percent	NOUN
ftr-322	589	27	of	of	ADP
ftr-322	589	28	the	the	DET
ftr-322	589	29	loss	loss	NOUN
ftr-322	589	30	,	,	PUNCT
ftr-322	589	31	since	since	SCONJ
ftr-322	589	32	by	by	ADP
ftr-322	589	33	capital	capital	NOUN
ftr-322	589	34	ownership	ownership	NOUN
ftr-322	589	35	b	b	PROPN
ftr-322	589	36	suffers	suffer	VERB
ftr-322	589	37	80	80	NUM
ftr-322	589	38	percent	percent	NOUN
ftr-322	589	39	of	of	ADP
ftr-322	589	40	the	the	DET
ftr-322	589	41	loss	loss	NOUN
ftr-322	589	42	but	but	CCONJ
ftr-322	589	43	by	by	ADP
ftr-322	589	44	the	the	DET
ftr-322	589	45	partnership	partnership	NOUN
ftr-322	589	46	aggregate	aggregate	NOUN
ftr-322	589	47	theory	theory	NOUN
ftr-322	589	48	it	it	PRON
ftr-322	589	49	is	be	AUX
ftr-322	589	50	just	just	ADV
ftr-322	589	51	50	50	NUM
ftr-322	589	52	percent	percent	NOUN
ftr-322	589	53	.	.	PUNCT
ftr-322	590	1	conversely	conversely	ADV
ftr-322	590	2	,	,	PUNCT
ftr-322	590	3	if	if	SCONJ
ftr-322	590	4	the	the	DET
ftr-322	590	5	property	property	NOUN
ftr-322	590	6	is	be	AUX
ftr-322	590	7	sold	sell	VERB
ftr-322	590	8	at	at	ADP
ftr-322	590	9	a	a	DET
ftr-322	590	10	gain	gain	NOUN
ftr-322	590	11	,	,	PUNCT
ftr-322	590	12	the	the	DET
ftr-322	590	13	net	net	ADJ
ftr-322	590	14	payment	payment	NOUN
ftr-322	590	15	runs	run	VERB
ftr-322	590	16	from	from	ADP
ftr-322	590	17	b	b	NOUN
ftr-322	590	18	to	to	ADP
ftr-322	590	19	a.	a.	NOUN
ftr-322	590	20	to	to	ADP
ftr-322	590	21	the	the	DET
ftr-322	590	22	extent	extent	NOUN
ftr-322	590	23	the	the	DET
ftr-322	590	24	payment	payment	NOUN
ftr-322	590	25	is	be	AUX
ftr-322	590	26	made	make	VERB
ftr-322	590	27	in	in	ADP
ftr-322	590	28	respect	respect	NOUN
ftr-322	590	29	of	of	ADP
ftr-322	590	30	gain	gain	NOUN
ftr-322	590	31	chargeback	chargeback	NOUN
ftr-322	590	32	,	,	PUNCT
ftr-322	590	33	it	it	PRON
ftr-322	590	34	represents	represent	VERB
ftr-322	590	35	80	80	NUM
ftr-322	590	36	percent	percent	NOUN
ftr-322	590	37	of	of	ADP
ftr-322	590	38	the	the	DET
ftr-322	590	39	gain	gain	NOUN
ftr-322	590	40	;	;	PUNCT
ftr-322	590	41	to	to	ADP
ftr-322	590	42	the	the	DET
ftr-322	590	43	extent	extent	NOUN
ftr-322	590	44	,	,	PUNCT
ftr-322	590	45	if	if	SCONJ
ftr-322	590	46	any	any	PRON
ftr-322	590	47	,	,	PUNCT
ftr-322	590	48	the	the	DET
ftr-322	590	49	payment	payment	NOUN
ftr-322	590	50	is	be	AUX
ftr-322	590	51	made	make	VERB
ftr-322	590	52	in	in	ADP
ftr-322	590	53	respect	respect	NOUN
ftr-322	590	54	of	of	ADP
ftr-322	590	55	gain	gain	NOUN
ftr-322	590	56	in	in	ADP
ftr-322	590	57	excess	excess	NOUN
ftr-322	590	58	of	of	ADP
ftr-322	590	59	gain	gain	NOUN
ftr-322	590	60	chargeback	chargeback	NOUN
ftr-322	590	61	,	,	PUNCT
ftr-322	590	62	it	it	PRON
ftr-322	590	63	will	will	AUX
ftr-322	590	64	be	be	AUX
ftr-322	590	65	for	for	ADP
ftr-322	590	66	30	30	NUM
ftr-322	590	67	percent	percent	NOUN
ftr-322	590	68	of	of	ADP
ftr-322	590	69	such	such	ADJ
ftr-322	590	70	gain	gain	NOUN
ftr-322	590	71	.	.	PUNCT
ftr-322	591	1	critically	critically	ADV
ftr-322	591	2	,	,	PUNCT
ftr-322	591	3	all	all	PRON
ftr-322	591	4	of	of	ADP
ftr-322	591	5	these	these	DET
ftr-322	591	6	payments	payment	NOUN
ftr-322	591	7	would	would	AUX
ftr-322	591	8	appear	appear	VERB
ftr-322	591	9	to	to	PART
ftr-322	591	10	be	be	AUX
ftr-322	591	11	ordinary	ordinary	ADJ
ftr-322	591	12	in	in	ADP
ftr-322	591	13	character	character	NOUN
ftr-322	591	14	since	since	SCONJ
ftr-322	591	15	they	they	PRON
ftr-322	591	16	do	do	AUX
ftr-322	591	17	not	not	PART
ftr-322	591	18	represent	represent	VERB
ftr-322	591	19	income	income	NOUN
ftr-322	591	20	or	or	CCONJ
ftr-322	591	21	loss	loss	NOUN
ftr-322	591	22	from	from	ADP
ftr-322	591	23	the	the	DET
ftr-322	591	24	sale	sale	NOUN
ftr-322	591	25	or	or	CCONJ
ftr-322	591	26	exchange	exchange	NOUN
ftr-322	591	27	of	of	ADP
ftr-322	591	28	a	a	DET
ftr-322	591	29	capital	capital	NOUN
ftr-322	591	30	asset	asset	NOUN
ftr-322	591	31	but	but	CCONJ
ftr-322	591	32	,	,	PUNCT
ftr-322	591	33	instead	instead	ADV
ftr-322	591	34	,	,	PUNCT
ftr-322	591	35	reflect	reflect	VERB
ftr-322	591	36	an	an	DET
ftr-322	591	37	agreement	agreement	NOUN
ftr-322	591	38	between	between	ADP
ftr-322	591	39	the	the	DET
ftr-322	591	40	partners	partner	NOUN
ftr-322	591	41	to	to	PART
ftr-322	591	42	compensate	compensate	VERB
ftr-322	591	43	themselves	themselves	PRON
ftr-322	591	44	with	with	ADP
ftr-322	591	45	partnership	partnership	NOUN
ftr-322	591	46	interests	interest	NOUN
ftr-322	591	47	in	in	ADP
ftr-322	591	48	a	a	DET
ftr-322	591	49	manner	manner	NOUN
ftr-322	591	50	different	different	ADJ
ftr-322	591	51	from	from	ADP
ftr-322	591	52	the	the	DET
ftr-322	591	53	way	way	NOUN
ftr-322	591	54	that	that	PRON
ftr-322	591	55	the	the	DET
ftr-322	591	56	return	return	NOUN
ftr-322	591	57	on	on	ADP
ftr-322	591	58	partnership	partnership	NOUN
ftr-322	591	59	capital	capital	NOUN
ftr-322	591	60	would	would	AUX
ftr-322	591	61	redound	redound	VERB
ftr-322	591	62	to	to	ADP
ftr-322	591	63	them	they	PRON
ftr-322	591	64	.	.	PUNCT
ftr-322	592	1	the	the	DET
ftr-322	592	2	idea	idea	NOUN
ftr-322	592	3	that	that	SCONJ
ftr-322	592	4	the	the	DET
ftr-322	592	5	character	character	NOUN
ftr-322	592	6	of	of	ADP
ftr-322	592	7	the	the	DET
ftr-322	592	8	payment	payment	NOUN
ftr-322	592	9	is	be	AUX
ftr-322	592	10	not	not	PART
ftr-322	592	11	determined	determine	VERB
ftr-322	592	12	by	by	ADP
ftr-322	592	13	the	the	DET
ftr-322	592	14	character	character	NOUN
ftr-322	592	15	of	of	ADP
ftr-322	592	16	the	the	DET
ftr-322	592	17	gain	gain	NOUN
ftr-322	592	18	or	or	CCONJ
ftr-322	592	19	loss	loss	NOUN
ftr-322	592	20	giving	give	VERB
ftr-322	592	21	rise	rise	NOUN
ftr-322	592	22	to	to	ADP
ftr-322	592	23	it	it	PRON
ftr-322	592	24	is	be	AUX
ftr-322	592	25	grounded	ground	VERB
ftr-322	592	26	in	in	ADP
ftr-322	592	27	the	the	DET
ftr-322	592	28	judgment	judgment	NOUN
ftr-322	592	29	that	that	SCONJ
ftr-322	592	30	assignments	assignment	NOUN
ftr-322	592	31	of	of	ADP
ftr-322	592	32	character	character	NOUN
ftr-322	592	33	,	,	PUNCT
ftr-322	592	34	like	like	ADP
ftr-322	592	35	income	income	NOUN
ftr-322	592	36	assignments	assignment	NOUN
ftr-322	592	37	,	,	PUNCT
ftr-322	592	38	are	be	AUX
ftr-322	592	39	not	not	PART
ftr-322	592	40	generally	generally	ADV
ftr-322	592	41	permitted	permit	VERB
ftr-322	592	42	under	under	ADP
ftr-322	592	43	the	the	DET
ftr-322	592	44	income	income	NOUN
ftr-322	592	45	tax	tax	NOUN
ftr-322	592	46	.	.	PUNCT
ftr-322	593	1	75	75	NUM
ftr-322	593	2	.	.	PUNCT
ftr-322	593	3	i.r.c	i.r.c	NOUN
ftr-322	593	4	.	.	PUNCT
ftr-322	594	1	§	§	PROPN
ftr-322	594	2	731	731	NUM
ftr-322	594	3	.	.	PUNCT
ftr-322	594	4	76	76	NUM
ftr-322	594	5	.	.	PUNCT
ftr-322	595	1	reg	reg	NOUN
ftr-322	595	2	.	.	PUNCT
ftr-322	596	1	§	§	PROPN
ftr-322	596	2	1.704	1.704	NUM
ftr-322	596	3	-	-	NUM
ftr-322	596	4	1(b)(2)(iii)(c	1(b)(2)(iii)(c	NUM
ftr-322	596	5	)	)	PUNCT
ftr-322	596	6	(	(	PUNCT
ftr-322	596	7	flush	flush	ADJ
ftr-322	596	8	language	language	NOUN
ftr-322	596	9	)	)	PUNCT
ftr-322	596	10	.	.	PUNCT
ftr-322	597	1	77	77	NUM
ftr-322	597	2	.	.	PUNCT
ftr-322	598	1	generally	generally	ADV
ftr-322	598	2	,	,	PUNCT
ftr-322	598	3	this	this	DET
ftr-322	598	4	property	property	NOUN
ftr-322	598	5	being	be	AUX
ftr-322	598	6	personal	personal	ADJ
ftr-322	598	7	tangible	tangible	ADJ
ftr-322	598	8	property	property	NOUN
ftr-322	598	9	.	.	PUNCT
ftr-322	599	1	see	see	VERB
ftr-322	599	2	i.r.c	i.r.c	NOUN
ftr-322	599	3	.	.	PUNCT
ftr-322	600	1	§	§	PROPN
ftr-322	600	2	168	168	NUM
ftr-322	600	3	.	.	PUNCT
ftr-322	601	1	376	376	NUM
ftr-322	601	2	florida	florida	PROPN
ftr-322	601	3	tax	tax	PROPN
ftr-322	601	4	review	review	NOUN
ftr-322	601	5	[	[	X
ftr-322	601	6	vol	vol	NOUN
ftr-322	601	7	.	.	PUNCT
ftr-322	602	1	13:7	13:7	NUM
ftr-322	602	2	note	note	VERB
ftr-322	602	3	that	that	SCONJ
ftr-322	602	4	these	these	DET
ftr-322	602	5	calculations	calculation	NOUN
ftr-322	602	6	would	would	AUX
ftr-322	602	7	be	be	AUX
ftr-322	602	8	made	make	VERB
ftr-322	602	9	more	more	ADV
ftr-322	602	10	complicated	complicated	ADJ
ftr-322	602	11	if	if	SCONJ
ftr-322	602	12	there	there	PRON
ftr-322	602	13	were	be	VERB
ftr-322	602	14	built	build	VERB
ftr-322	602	15	-	-	PUNCT
ftr-322	602	16	in	in	ADP
ftr-322	602	17	gain	gain	NOUN
ftr-322	602	18	or	or	CCONJ
ftr-322	602	19	loss	loss	NOUN
ftr-322	602	20	in	in	ADP
ftr-322	602	21	the	the	DET
ftr-322	602	22	transferring	transfer	VERB
ftr-322	602	23	partner‘s	partner‘s	PROPN
ftr-322	602	24	partnership	partnership	NOUN
ftr-322	602	25	interest	interest	NOUN
ftr-322	602	26	or	or	CCONJ
ftr-322	602	27	if	if	SCONJ
ftr-322	602	28	a	a	DET
ftr-322	602	29	section	section	NOUN
ftr-322	602	30	754	754	NUM
ftr-322	602	31	election	election	NOUN
ftr-322	602	32	were	be	AUX
ftr-322	602	33	in	in	ADP
ftr-322	602	34	effect	effect	NOUN
ftr-322	602	35	,	,	PUNCT
ftr-322	602	36	assuming	assume	VERB
ftr-322	602	37	that	that	SCONJ
ftr-322	602	38	special	special	ADJ
ftr-322	602	39	allocations	allocation	NOUN
ftr-322	602	40	were	be	AUX
ftr-322	602	41	comprehensively	comprehensively	ADV
ftr-322	602	42	treated	treat	VERB
ftr-322	602	43	as	as	ADP
ftr-322	602	44	transactions	transaction	NOUN
ftr-322	602	45	in	in	ADP
ftr-322	602	46	partnership	partnership	NOUN
ftr-322	602	47	interests	interest	NOUN
ftr-322	602	48	.	.	PUNCT
ftr-322	603	1	as	as	ADP
ftr-322	603	2	an	an	DET
ftr-322	603	3	example	example	NOUN
ftr-322	603	4	of	of	ADP
ftr-322	603	5	the	the	DET
ftr-322	603	6	former	former	ADJ
ftr-322	603	7	,	,	PUNCT
ftr-322	603	8	suppose	suppose	VERB
ftr-322	603	9	that	that	SCONJ
ftr-322	603	10	a	a	DET
ftr-322	603	11	ends	end	NOUN
ftr-322	603	12	up	up	ADP
ftr-322	603	13	making	make	VERB
ftr-322	603	14	a	a	DET
ftr-322	603	15	payment	payment	NOUN
ftr-322	603	16	of	of	ADP
ftr-322	603	17	$	$	SYM
ftr-322	603	18	15	15	NUM
ftr-322	603	19	of	of	ADP
ftr-322	603	20	a‘s	a‘s	PROPN
ftr-322	603	21	partnership	partnership	NOUN
ftr-322	603	22	interest	interest	NOUN
ftr-322	603	23	to	to	ADP
ftr-322	603	24	b	b	NOUN
ftr-322	603	25	and	and	CCONJ
ftr-322	603	26	that	that	SCONJ
ftr-322	603	27	that	that	DET
ftr-322	603	28	payment	payment	NOUN
ftr-322	603	29	reflected	reflect	VERB
ftr-322	603	30	one	one	NUM
ftr-322	603	31	-	-	PUNCT
ftr-322	603	32	quarter	quarter	NOUN
ftr-322	603	33	of	of	ADP
ftr-322	603	34	the	the	DET
ftr-322	603	35	value	value	NOUN
ftr-322	603	36	of	of	ADP
ftr-322	603	37	a‘s	a‘s	PROPN
ftr-322	603	38	pre	pre	ADJ
ftr-322	603	39	-	-	NOUN
ftr-322	603	40	transfer	transfer	NOUN
ftr-322	603	41	interest	interest	NOUN
ftr-322	603	42	in	in	ADP
ftr-322	603	43	the	the	DET
ftr-322	603	44	partnership	partnership	NOUN
ftr-322	603	45	.	.	PUNCT
ftr-322	604	1	suppose	suppose	VERB
ftr-322	604	2	further	far	ADV
ftr-322	604	3	(	(	PUNCT
ftr-322	604	4	and	and	CCONJ
ftr-322	604	5	contrary	contrary	ADJ
ftr-322	604	6	to	to	ADP
ftr-322	604	7	the	the	DET
ftr-322	604	8	facts	fact	NOUN
ftr-322	604	9	here	here	ADV
ftr-322	604	10	)	)	PUNCT
ftr-322	604	11	that	that	SCONJ
ftr-322	604	12	a‘s	a‘s	NOUN
ftr-322	604	13	basis	basis	NOUN
ftr-322	604	14	in	in	ADP
ftr-322	604	15	the	the	DET
ftr-322	604	16	partnership	partnership	NOUN
ftr-322	604	17	interest	interest	NOUN
ftr-322	604	18	were	be	AUX
ftr-322	604	19	$	$	SYM
ftr-322	604	20	40	40	NUM
ftr-322	604	21	.	.	PUNCT
ftr-322	605	1	then	then	ADV
ftr-322	605	2	a‘s	a‘s	PROPN
ftr-322	605	3	allocable	allocable	ADJ
ftr-322	605	4	basis	basis	NOUN
ftr-322	605	5	in	in	ADP
ftr-322	605	6	the	the	DET
ftr-322	605	7	portion	portion	NOUN
ftr-322	605	8	transferred	transfer	VERB
ftr-322	605	9	would	would	AUX
ftr-322	605	10	be	be	AUX
ftr-322	605	11	$	$	SYM
ftr-322	605	12	10	10	NUM
ftr-322	605	13	,	,	PUNCT
ftr-322	605	14	and	and	CCONJ
ftr-322	605	15	a	a	PRON
ftr-322	605	16	would	would	AUX
ftr-322	605	17	recognize	recognize	VERB
ftr-322	605	18	$	$	SYM
ftr-322	605	19	5	5	NUM
ftr-322	605	20	of	of	ADP
ftr-322	605	21	gain	gain	NOUN
ftr-322	605	22	on	on	ADP
ftr-322	605	23	the	the	DET
ftr-322	605	24	transfer	transfer	NOUN
ftr-322	605	25	.	.	PUNCT
ftr-322	606	1	78	78	NUM
ftr-322	606	2	the	the	DET
ftr-322	606	3	burdens	burden	NOUN
ftr-322	606	4	that	that	SCONJ
ftr-322	606	5	a	a	DET
ftr-322	606	6	section	section	NOUN
ftr-322	606	7	754	754	NUM
ftr-322	606	8	election	election	NOUN
ftr-322	606	9	imposes	impose	VERB
ftr-322	606	10	on	on	ADP
ftr-322	606	11	the	the	DET
ftr-322	606	12	parties	party	NOUN
ftr-322	606	13	are	be	AUX
ftr-322	606	14	greater	great	ADJ
ftr-322	606	15	.	.	PUNCT
ftr-322	607	1	section	section	NOUN
ftr-322	607	2	754	754	NUM
ftr-322	607	3	permits	permit	VERB
ftr-322	607	4	a	a	DET
ftr-322	607	5	partnership	partnership	NOUN
ftr-322	607	6	to	to	PART
ftr-322	607	7	elect	elect	VERB
ftr-322	607	8	to	to	PART
ftr-322	607	9	adjust	adjust	VERB
ftr-322	607	10	the	the	DET
ftr-322	607	11	basis	basis	NOUN
ftr-322	607	12	of	of	ADP
ftr-322	607	13	the	the	DET
ftr-322	607	14	partnership‘s	partnership‘s	PROPN
ftr-322	607	15	assets	asset	NOUN
ftr-322	607	16	when	when	SCONJ
ftr-322	607	17	there	there	PRON
ftr-322	607	18	is	be	VERB
ftr-322	607	19	a	a	DET
ftr-322	607	20	transfer	transfer	NOUN
ftr-322	607	21	of	of	ADP
ftr-322	607	22	a	a	DET
ftr-322	607	23	partnership	partnership	NOUN
ftr-322	607	24	interest	interest	NOUN
ftr-322	607	25	or	or	CCONJ
ftr-322	607	26	a	a	DET
ftr-322	607	27	partnership	partnership	NOUN
ftr-322	607	28	interest	interest	NOUN
ftr-322	607	29	is	be	AUX
ftr-322	607	30	redeemed	redeem	VERB
ftr-322	607	31	.	.	PUNCT
ftr-322	608	1	the	the	DET
ftr-322	608	2	purpose	purpose	NOUN
ftr-322	608	3	of	of	ADP
ftr-322	608	4	the	the	DET
ftr-322	608	5	election	election	NOUN
ftr-322	608	6	is	be	AUX
ftr-322	608	7	to	to	PART
ftr-322	608	8	enable	enable	VERB
ftr-322	608	9	the	the	DET
ftr-322	608	10	partnership‘s	partnership‘s	PROPN
ftr-322	608	11	tax	tax	NOUN
ftr-322	608	12	attributes	attribute	NOUN
ftr-322	608	13	to	to	PART
ftr-322	608	14	reflect	reflect	VERB
ftr-322	608	15	more	more	ADV
ftr-322	608	16	accurately	accurately	ADV
ftr-322	608	17	the	the	DET
ftr-322	608	18	tax	tax	NOUN
ftr-322	608	19	profiles	profile	NOUN
ftr-322	608	20	of	of	ADP
ftr-322	608	21	the	the	DET
ftr-322	608	22	partners	partner	NOUN
ftr-322	608	23	.	.	PUNCT
ftr-322	609	1	as	as	ADP
ftr-322	609	2	an	an	DET
ftr-322	609	3	example	example	NOUN
ftr-322	609	4	,	,	PUNCT
ftr-322	609	5	if	if	SCONJ
ftr-322	609	6	the	the	DET
ftr-322	609	7	equal	equal	ADJ
ftr-322	609	8	xyz	xyz	PROPN
ftr-322	609	9	partnership	partnership	PROPN
ftr-322	609	10	has	have	VERB
ftr-322	609	11	$	$	SYM
ftr-322	609	12	200	200	NUM
ftr-322	609	13	of	of	ADP
ftr-322	609	14	assets	asset	NOUN
ftr-322	609	15	and	and	CCONJ
ftr-322	609	16	the	the	DET
ftr-322	609	17	assets	asset	NOUN
ftr-322	609	18	have	have	VERB
ftr-322	609	19	a	a	DET
ftr-322	609	20	$	$	SYM
ftr-322	609	21	300	300	NUM
ftr-322	609	22	fair	fair	ADJ
ftr-322	609	23	market	market	NOUN
ftr-322	609	24	value	value	NOUN
ftr-322	609	25	,	,	PUNCT
ftr-322	609	26	x‘s	x‘s	PROPN
ftr-322	609	27	sale	sale	NOUN
ftr-322	609	28	to	to	ADP
ftr-322	609	29	r	r	NOUN
ftr-322	609	30	of	of	ADP
ftr-322	609	31	x‘s	x‘s	PROPN
ftr-322	609	32	one	one	NUM
ftr-322	609	33	-	-	PUNCT
ftr-322	609	34	third	third	NOUN
ftr-322	609	35	interest	interest	NOUN
ftr-322	609	36	would	would	AUX
ftr-322	609	37	be	be	AUX
ftr-322	609	38	for	for	ADP
ftr-322	609	39	$	$	SYM
ftr-322	609	40	100	100	NUM
ftr-322	609	41	.	.	PUNCT
ftr-322	610	1	on	on	ADP
ftr-322	610	2	purchase	purchase	NOUN
ftr-322	610	3	,	,	PUNCT
ftr-322	610	4	r	r	NOUN
ftr-322	610	5	has	have	VERB
ftr-322	610	6	in	in	ADP
ftr-322	610	7	effect	effect	NOUN
ftr-322	610	8	paid	pay	VERB
ftr-322	610	9	for	for	ADP
ftr-322	610	10	r‘s	r‘s	PROPN
ftr-322	610	11	share	share	NOUN
ftr-322	610	12	of	of	ADP
ftr-322	610	13	the	the	DET
ftr-322	610	14	built	build	VERB
ftr-322	610	15	-	-	PUNCT
ftr-322	610	16	in	in	ADP
ftr-322	610	17	gain	gain	NOUN
ftr-322	610	18	in	in	ADP
ftr-322	610	19	the	the	DET
ftr-322	610	20	ryz	ryz	PROPN
ftr-322	610	21	assets	asset	NOUN
ftr-322	610	22	,	,	PUNCT
ftr-322	610	23	even	even	ADV
ftr-322	610	24	though	though	SCONJ
ftr-322	610	25	the	the	DET
ftr-322	610	26	gain	gain	NOUN
ftr-322	610	27	has	have	AUX
ftr-322	610	28	not	not	PART
ftr-322	610	29	yet	yet	ADV
ftr-322	610	30	been	be	AUX
ftr-322	610	31	taxed	tax	VERB
ftr-322	610	32	to	to	ADP
ftr-322	610	33	the	the	DET
ftr-322	610	34	partners	partner	NOUN
ftr-322	610	35	.	.	PUNCT
ftr-322	611	1	however	however	ADV
ftr-322	611	2	,	,	PUNCT
ftr-322	611	3	if	if	SCONJ
ftr-322	611	4	ryz	ryz	PROPN
ftr-322	611	5	were	be	AUX
ftr-322	611	6	to	to	PART
ftr-322	611	7	sell	sell	VERB
ftr-322	611	8	its	its	PRON
ftr-322	611	9	assets	asset	NOUN
ftr-322	611	10	for	for	ADP
ftr-322	611	11	$	$	SYM
ftr-322	611	12	300	300	NUM
ftr-322	611	13	,	,	PUNCT
ftr-322	611	14	r	r	NOUN
ftr-322	611	15	would	would	AUX
ftr-322	611	16	be	be	AUX
ftr-322	611	17	taxed	tax	VERB
ftr-322	611	18	on	on	ADP
ftr-322	611	19	r‘s	r‘s	PROPN
ftr-322	611	20	ratable	ratable	ADJ
ftr-322	611	21	share	share	NOUN
ftr-322	611	22	of	of	ADP
ftr-322	611	23	the	the	DET
ftr-322	611	24	gain	gain	NOUN
ftr-322	611	25	,	,	PUNCT
ftr-322	611	26	in	in	ADP
ftr-322	611	27	effect	effect	NOUN
ftr-322	611	28	causing	cause	VERB
ftr-322	611	29	r	r	NOUN
ftr-322	611	30	to	to	PART
ftr-322	611	31	be	be	AUX
ftr-322	611	32	double	double	ADJ
ftr-322	611	33	-	-	PUNCT
ftr-322	611	34	taxed	tax	VERB
ftr-322	611	35	.	.	PUNCT
ftr-322	612	1	r	r	NOUN
ftr-322	612	2	would	would	AUX
ftr-322	612	3	eventually	eventually	ADV
ftr-322	612	4	recoup	recoup	VERB
ftr-322	612	5	the	the	DET
ftr-322	612	6	extra	extra	ADJ
ftr-322	612	7	tax	tax	NOUN
ftr-322	612	8	in	in	ADP
ftr-322	612	9	the	the	DET
ftr-322	612	10	form	form	NOUN
ftr-322	612	11	of	of	ADP
ftr-322	612	12	a	a	DET
ftr-322	612	13	loss	loss	NOUN
ftr-322	612	14	when	when	SCONJ
ftr-322	612	15	r	r	NOUN
ftr-322	612	16	sold	sell	VERB
ftr-322	612	17	the	the	DET
ftr-322	612	18	partnership	partnership	NOUN
ftr-322	612	19	interest	interest	NOUN
ftr-322	612	20	or	or	CCONJ
ftr-322	612	21	was	be	AUX
ftr-322	612	22	redeemed	redeem	VERB
ftr-322	612	23	,	,	PUNCT
ftr-322	612	24	but	but	CCONJ
ftr-322	612	25	the	the	DET
ftr-322	612	26	timing	timing	NOUN
ftr-322	612	27	difference	difference	NOUN
ftr-322	612	28	could	could	AUX
ftr-322	612	29	be	be	AUX
ftr-322	612	30	significant	significant	ADJ
ftr-322	612	31	.	.	PUNCT
ftr-322	613	1	the	the	DET
ftr-322	613	2	section	section	NOUN
ftr-322	613	3	754	754	NUM
ftr-322	613	4	election	election	NOUN
ftr-322	613	5	eliminates	eliminate	VERB
ftr-322	613	6	these	these	DET
ftr-322	613	7	consequences	consequence	NOUN
ftr-322	613	8	by	by	ADP
ftr-322	613	9	requiring	require	VERB
ftr-322	613	10	the	the	DET
ftr-322	613	11	partnership	partnership	NOUN
ftr-322	613	12	to	to	PART
ftr-322	613	13	adjust	adjust	VERB
ftr-322	613	14	its	its	PRON
ftr-322	613	15	basis	basis	NOUN
ftr-322	613	16	on	on	ADP
ftr-322	613	17	disposition	disposition	NOUN
ftr-322	613	18	or	or	CCONJ
ftr-322	613	19	redemption	redemption	NOUN
ftr-322	613	20	of	of	ADP
ftr-322	613	21	a	a	DET
ftr-322	613	22	partnership	partnership	NOUN
ftr-322	613	23	interest	interest	NOUN
ftr-322	613	24	,	,	PUNCT
ftr-322	613	25	pursuant	pursuant	ADJ
ftr-322	613	26	to	to	ADP
ftr-322	613	27	section	section	NOUN
ftr-322	613	28	743	743	NUM
ftr-322	613	29	or	or	CCONJ
ftr-322	613	30	section	section	NOUN
ftr-322	613	31	734	734	NUM
ftr-322	613	32	,	,	PUNCT
ftr-322	613	33	respectively	respectively	ADV
ftr-322	613	34	.	.	PUNCT
ftr-322	614	1	very	very	ADV
ftr-322	614	2	generally	generally	ADV
ftr-322	614	3	,	,	PUNCT
ftr-322	614	4	the	the	DET
ftr-322	614	5	partnership	partnership	NOUN
ftr-322	614	6	will	will	AUX
ftr-322	614	7	adjust	adjust	VERB
ftr-322	614	8	its	its	PRON
ftr-322	614	9	basis	basis	NOUN
ftr-322	614	10	in	in	ADP
ftr-322	614	11	its	its	PRON
ftr-322	614	12	assets	asset	NOUN
ftr-322	614	13	with	with	ADP
ftr-322	614	14	respect	respect	NOUN
ftr-322	614	15	to	to	ADP
ftr-322	614	16	the	the	DET
ftr-322	614	17	portion	portion	NOUN
ftr-322	614	18	thereof	thereof	ADV
ftr-322	614	19	that	that	PRON
ftr-322	614	20	is	be	AUX
ftr-322	614	21	attributable	attributable	ADJ
ftr-322	614	22	to	to	ADP
ftr-322	614	23	the	the	DET
ftr-322	614	24	new	new	ADJ
ftr-322	614	25	partner	partner	NOUN
ftr-322	614	26	.	.	PUNCT
ftr-322	614	27	79	79	NUM
ftr-322	614	28	in	in	ADP
ftr-322	614	29	treating	treat	VERB
ftr-322	614	30	a	a	DET
ftr-322	614	31	special	special	ADJ
ftr-322	614	32	allocation	allocation	NOUN
ftr-322	614	33	as	as	ADP
ftr-322	614	34	the	the	DET
ftr-322	614	35	disposition	disposition	NOUN
ftr-322	614	36	of	of	ADP
ftr-322	614	37	a	a	DET
ftr-322	614	38	partnership	partnership	NOUN
ftr-322	614	39	interest	interest	NOUN
ftr-322	614	40	for	for	ADP
ftr-322	614	41	all	all	DET
ftr-322	614	42	purposes	purpose	NOUN
ftr-322	614	43	of	of	ADP
ftr-322	614	44	subchapter	subchapter	NOUN
ftr-322	614	45	k	k	NOUN
ftr-322	614	46	,	,	PUNCT
ftr-322	614	47	any	any	DET
ftr-322	614	48	partnership	partnership	NOUN
ftr-322	614	49	for	for	ADP
ftr-322	614	50	which	which	PRON
ftr-322	614	51	a	a	DET
ftr-322	614	52	section	section	NOUN
ftr-322	614	53	754	754	NUM
ftr-322	614	54	election	election	NOUN
ftr-322	614	55	is	be	AUX
ftr-322	614	56	in	in	ADP
ftr-322	614	57	effect	effect	NOUN
ftr-322	614	58	would	would	AUX
ftr-322	614	59	be	be	AUX
ftr-322	614	60	required	require	VERB
ftr-322	614	61	to	to	PART
ftr-322	614	62	adjust	adjust	VERB
ftr-322	614	63	the	the	DET
ftr-322	614	64	basis	basis	NOUN
ftr-322	614	65	in	in	ADP
ftr-322	614	66	its	its	PRON
ftr-322	614	67	assets	asset	NOUN
ftr-322	614	68	to	to	PART
ftr-322	614	69	reflect	reflect	VERB
ftr-322	614	70	the	the	DET
ftr-322	614	71	purchaser‘s	purchaser‘s	PROPN
ftr-322	614	72	fair	fair	ADJ
ftr-322	614	73	market	market	NOUN
ftr-322	614	74	value	value	NOUN
ftr-322	614	75	basis	basis	NOUN
ftr-322	614	76	therein	therein	ADV
ftr-322	614	77	.	.	PUNCT
ftr-322	615	1	78	78	NUM
ftr-322	615	2	.	.	PUNCT
ftr-322	616	1	the	the	DET
ftr-322	616	2	requirement	requirement	NOUN
ftr-322	616	3	of	of	ADP
ftr-322	616	4	gain	gain	NOUN
ftr-322	616	5	or	or	CCONJ
ftr-322	616	6	loss	loss	NOUN
ftr-322	616	7	recognition	recognition	NOUN
ftr-322	616	8	to	to	ADP
ftr-322	616	9	the	the	DET
ftr-322	616	10	transferor	transferor	NOUN
ftr-322	616	11	reflects	reflect	VERB
ftr-322	616	12	the	the	DET
ftr-322	616	13	principle	principle	NOUN
ftr-322	616	14	that	that	SCONJ
ftr-322	616	15	the	the	DET
ftr-322	616	16	transferor	transferor	NOUN
ftr-322	616	17	realizes	realize	VERB
ftr-322	616	18	a	a	DET
ftr-322	616	19	benefit	benefit	NOUN
ftr-322	616	20	(	(	PUNCT
ftr-322	616	21	detriment	detriment	NOUN
ftr-322	616	22	)	)	PUNCT
ftr-322	616	23	to	to	ADP
ftr-322	616	24	the	the	DET
ftr-322	616	25	extent	extent	NOUN
ftr-322	616	26	the	the	DET
ftr-322	616	27	fair	fair	ADJ
ftr-322	616	28	market	market	NOUN
ftr-322	616	29	value	value	NOUN
ftr-322	616	30	of	of	ADP
ftr-322	616	31	the	the	DET
ftr-322	616	32	property	property	NOUN
ftr-322	616	33	transferred	transfer	VERB
ftr-322	616	34	exceeds	exceed	NOUN
ftr-322	616	35	(	(	PUNCT
ftr-322	616	36	falls	fall	VERB
ftr-322	616	37	short	short	ADJ
ftr-322	616	38	of	of	ADP
ftr-322	616	39	)	)	PUNCT
ftr-322	616	40	the	the	DET
ftr-322	616	41	transferor‘s	transferor‘s	PROPN
ftr-322	616	42	basis	basis	NOUN
ftr-322	616	43	.	.	PUNCT
ftr-322	617	1	see	see	VERB
ftr-322	617	2	reg	reg	NOUN
ftr-322	617	3	.	.	PUNCT
ftr-322	618	1	§	§	PROPN
ftr-322	618	2	1.83	1.83	NUM
ftr-322	618	3	-	-	SYM
ftr-322	618	4	6(b	6(b	NUM
ftr-322	618	5	)	)	PUNCT
ftr-322	618	6	(	(	PUNCT
ftr-322	618	7	applying	apply	VERB
ftr-322	618	8	the	the	DET
ftr-322	618	9	principle	principle	NOUN
ftr-322	618	10	in	in	ADP
ftr-322	618	11	the	the	DET
ftr-322	618	12	compensation	compensation	NOUN
ftr-322	618	13	setting	setting	NOUN
ftr-322	618	14	)	)	PUNCT
ftr-322	618	15	.	.	PUNCT
ftr-322	619	1	79	79	NUM
ftr-322	619	2	.	.	PUNCT
ftr-322	619	3	see	see	VERB
ftr-322	619	4	i.r.c	i.r.c	NOUN
ftr-322	619	5	.	.	PUNCT
ftr-322	620	1	§	§	PROPN
ftr-322	620	2	§	§	PROPN
ftr-322	620	3	734(b	734(b	PROPN
ftr-322	620	4	)	)	PUNCT
ftr-322	620	5	(	(	PUNCT
ftr-322	620	6	adjustment	adjustment	NOUN
ftr-322	620	7	to	to	PART
ftr-322	620	8	partnership‘s	partnership‘s	VERB
ftr-322	620	9	basis	basis	NOUN
ftr-322	620	10	on	on	ADP
ftr-322	620	11	redemption	redemption	NOUN
ftr-322	620	12	of	of	ADP
ftr-322	620	13	partnership	partnership	NOUN
ftr-322	620	14	interest	interest	NOUN
ftr-322	620	15	)	)	PUNCT
ftr-322	620	16	,	,	PUNCT
ftr-322	620	17	743(b	743(b	NOUN
ftr-322	620	18	)	)	PUNCT
ftr-322	620	19	(	(	PUNCT
ftr-322	620	20	adjustment	adjustment	NOUN
ftr-322	620	21	to	to	ADP
ftr-322	620	22	partnership‘s	partnership‘s	PROPN
ftr-322	620	23	inside	inside	ADP
ftr-322	620	24	basis	basis	NOUN
ftr-322	620	25	on	on	ADP
ftr-322	620	26	disposition	disposition	NOUN
ftr-322	620	27	of	of	ADP
ftr-322	620	28	partnership	partnership	NOUN
ftr-322	620	29	interest	interest	NOUN
ftr-322	620	30	)	)	PUNCT
ftr-322	620	31	,	,	PUNCT
ftr-322	620	32	&	&	CCONJ
ftr-322	620	33	755	755	NUM
ftr-322	620	34	(	(	PUNCT
ftr-322	620	35	mechanism	mechanism	NOUN
ftr-322	620	36	for	for	ADP
ftr-322	620	37	allocating	allocate	VERB
ftr-322	620	38	the	the	DET
ftr-322	620	39	basis	basis	NOUN
ftr-322	620	40	adjustment	adjustment	NOUN
ftr-322	620	41	among	among	ADP
ftr-322	620	42	the	the	DET
ftr-322	620	43	partnership‘s	partnership‘s	PROPN
ftr-322	620	44	assets	asset	NOUN
ftr-322	620	45	)	)	PUNCT
ftr-322	620	46	.	.	PUNCT
ftr-322	621	1	2012	2012	NUM
ftr-322	621	2	]	]	PUNCT
ftr-322	621	3	special	special	ADJ
ftr-322	621	4	allocations	allocation	NOUN
ftr-322	621	5	revisited	revisit	VERB
ftr-322	621	6	377	377	NUM
ftr-322	621	7	moreover	moreover	ADV
ftr-322	621	8	,	,	PUNCT
ftr-322	621	9	the	the	DET
ftr-322	621	10	adjustment	adjustment	NOUN
ftr-322	621	11	in	in	ADP
ftr-322	621	12	many	many	ADJ
ftr-322	621	13	cases	case	NOUN
ftr-322	621	14	would	would	AUX
ftr-322	621	15	be	be	AUX
ftr-322	621	16	required	require	VERB
ftr-322	621	17	on	on	ADP
ftr-322	621	18	both	both	DET
ftr-322	621	19	sides	side	NOUN
ftr-322	621	20	.	.	PUNCT
ftr-322	622	1	in	in	ADP
ftr-322	622	2	example	example	NOUN
ftr-322	622	3	1	1	NUM
ftr-322	622	4	,	,	PUNCT
ftr-322	622	5	the	the	DET
ftr-322	622	6	effect	effect	NOUN
ftr-322	622	7	of	of	ADP
ftr-322	622	8	the	the	DET
ftr-322	622	9	special	special	ADJ
ftr-322	622	10	allocation	allocation	NOUN
ftr-322	622	11	is	be	AUX
ftr-322	622	12	a	a	DET
ftr-322	622	13	simple	simple	ADJ
ftr-322	622	14	transfer	transfer	NOUN
ftr-322	622	15	from	from	ADP
ftr-322	622	16	a	a	PRON
ftr-322	622	17	to	to	ADP
ftr-322	622	18	b.	b.	PROPN
ftr-322	622	19	in	in	ADP
ftr-322	622	20	other	other	ADJ
ftr-322	622	21	settings	setting	NOUN
ftr-322	622	22	,	,	PUNCT
ftr-322	622	23	however	however	ADV
ftr-322	622	24	,	,	PUNCT
ftr-322	622	25	the	the	DET
ftr-322	622	26	transfer	transfer	NOUN
ftr-322	622	27	may	may	AUX
ftr-322	622	28	in	in	ADP
ftr-322	622	29	effect	effect	NOUN
ftr-322	622	30	be	be	AUX
ftr-322	622	31	the	the	DET
ftr-322	622	32	net	net	NOUN
ftr-322	622	33	of	of	ADP
ftr-322	622	34	two	two	NUM
ftr-322	622	35	transfers	transfer	NOUN
ftr-322	622	36	,	,	PUNCT
ftr-322	622	37	each	each	PRON
ftr-322	622	38	of	of	ADP
ftr-322	622	39	which	which	PRON
ftr-322	622	40	ought	ought	AUX
ftr-322	622	41	to	to	PART
ftr-322	622	42	trigger	trigger	VERB
ftr-322	622	43	a	a	DET
ftr-322	622	44	section	section	NOUN
ftr-322	622	45	743(b	743(b	NOUN
ftr-322	622	46	)	)	PUNCT
ftr-322	622	47	adjustment	adjustment	NOUN
ftr-322	622	48	.	.	PUNCT
ftr-322	623	1	b.	b.	PROPN
ftr-322	623	2	taxable	taxable	ADJ
ftr-322	623	3	and	and	CCONJ
ftr-322	623	4	tax	tax	NOUN
ftr-322	623	5	-	-	PUNCT
ftr-322	623	6	exempt	exempt	ADJ
ftr-322	623	7	securities	security	NOUN
ftr-322	623	8	example	example	NOUN
ftr-322	623	9	polsky‘s	polsky‘s	PROPN
ftr-322	623	10	example	example	NOUN
ftr-322	623	11	,	,	PUNCT
ftr-322	623	12	discussed	discuss	VERB
ftr-322	623	13	in	in	ADP
ftr-322	623	14	part	part	NOUN
ftr-322	623	15	iii	iii	NOUN
ftr-322	623	16	,	,	PUNCT
ftr-322	623	17	is	be	AUX
ftr-322	623	18	a	a	DET
ftr-322	623	19	variation	variation	NOUN
ftr-322	623	20	on	on	ADP
ftr-322	623	21	example	example	NOUN
ftr-322	623	22	5	5	NUM
ftr-322	623	23	from	from	ADP
ftr-322	623	24	regulations	regulation	NOUN
ftr-322	623	25	section	section	NOUN
ftr-322	623	26	1.704	1.704	NUM
ftr-322	623	27	-	-	SYM
ftr-322	623	28	1(b)(5	1(b)(5	NUM
ftr-322	623	29	)	)	PUNCT
ftr-322	623	30	,	,	PUNCT
ftr-322	623	31	which	which	PRON
ftr-322	623	32	reads	read	VERB
ftr-322	623	33	in	in	ADP
ftr-322	623	34	pertinent	pertinent	ADJ
ftr-322	623	35	part	part	NOUN
ftr-322	623	36	as	as	SCONJ
ftr-322	623	37	follows	follow	VERB
ftr-322	623	38	:	:	PUNCT
ftr-322	623	39	individuals	individual	NOUN
ftr-322	623	40	i	i	PRON
ftr-322	623	41	and	and	CCONJ
ftr-322	623	42	j	j	PROPN
ftr-322	623	43	are	be	AUX
ftr-322	623	44	the	the	DET
ftr-322	623	45	only	only	ADJ
ftr-322	623	46	partners	partner	NOUN
ftr-322	623	47	of	of	ADP
ftr-322	623	48	an	an	DET
ftr-322	623	49	investment	investment	NOUN
ftr-322	623	50	partnership	partnership	NOUN
ftr-322	623	51	.	.	PUNCT
ftr-322	624	1	the	the	DET
ftr-322	624	2	partnership	partnership	NOUN
ftr-322	624	3	owns	own	VERB
ftr-322	624	4	corporate	corporate	ADJ
ftr-322	624	5	stocks	stock	NOUN
ftr-322	624	6	,	,	PUNCT
ftr-322	624	7	corporate	corporate	ADJ
ftr-322	624	8	debt	debt	NOUN
ftr-322	624	9	instruments	instrument	NOUN
ftr-322	624	10	,	,	PUNCT
ftr-322	624	11	and	and	CCONJ
ftr-322	624	12	tax	tax	NOUN
ftr-322	624	13	-	-	PUNCT
ftr-322	624	14	exempt	exempt	ADJ
ftr-322	624	15	debt	debt	NOUN
ftr-322	624	16	instruments	instrument	NOUN
ftr-322	624	17	.	.	PUNCT
ftr-322	625	1	over	over	ADP
ftr-322	625	2	the	the	DET
ftr-322	625	3	next	next	ADJ
ftr-322	625	4	several	several	ADJ
ftr-322	625	5	years	year	NOUN
ftr-322	625	6	,	,	PUNCT
ftr-322	625	7	i	i	PRON
ftr-322	625	8	expects	expect	VERB
ftr-322	625	9	to	to	PART
ftr-322	625	10	be	be	AUX
ftr-322	625	11	in	in	ADP
ftr-322	625	12	the	the	DET
ftr-322	625	13	50	50	NUM
ftr-322	625	14	percent	percent	NOUN
ftr-322	625	15	marginal	marginal	ADJ
ftr-322	625	16	tax	tax	NOUN
ftr-322	625	17	bracket	bracket	NOUN
ftr-322	625	18	,	,	PUNCT
ftr-322	625	19	and	and	CCONJ
ftr-322	625	20	j	j	PROPN
ftr-322	625	21	expects	expect	VERB
ftr-322	625	22	to	to	PART
ftr-322	625	23	be	be	AUX
ftr-322	625	24	in	in	ADP
ftr-322	625	25	the	the	DET
ftr-322	625	26	15	15	NUM
ftr-322	625	27	percent	percent	NOUN
ftr-322	625	28	marginal	marginal	ADJ
ftr-322	625	29	tax	tax	NOUN
ftr-322	625	30	bracket	bracket	NOUN
ftr-322	625	31	.	.	PUNCT
ftr-322	626	1	there	there	PRON
ftr-322	626	2	is	be	VERB
ftr-322	626	3	a	a	DET
ftr-322	626	4	strong	strong	ADJ
ftr-322	626	5	likelihood	likelihood	NOUN
ftr-322	626	6	that	that	SCONJ
ftr-322	626	7	in	in	ADP
ftr-322	626	8	each	each	PRON
ftr-322	626	9	of	of	ADP
ftr-322	626	10	the	the	DET
ftr-322	626	11	next	next	ADJ
ftr-322	626	12	several	several	ADJ
ftr-322	626	13	years	year	NOUN
ftr-322	626	14	the	the	DET
ftr-322	626	15	partnership	partnership	NOUN
ftr-322	626	16	will	will	AUX
ftr-322	626	17	realize	realize	VERB
ftr-322	626	18	between	between	ADP
ftr-322	626	19	$	$	SYM
ftr-322	626	20	450	450	NUM
ftr-322	626	21	and	and	CCONJ
ftr-322	626	22	$	$	SYM
ftr-322	626	23	550	550	NUM
ftr-322	626	24	of	of	ADP
ftr-322	626	25	taxexempt	taxexempt	ADJ
ftr-322	626	26	interest	interest	NOUN
ftr-322	626	27	and	and	CCONJ
ftr-322	626	28	between	between	ADP
ftr-322	626	29	$	$	SYM
ftr-322	626	30	450	450	NUM
ftr-322	626	31	and	and	CCONJ
ftr-322	626	32	$	$	SYM
ftr-322	626	33	550	550	NUM
ftr-322	626	34	of	of	ADP
ftr-322	626	35	a	a	DET
ftr-322	626	36	combination	combination	NOUN
ftr-322	626	37	of	of	ADP
ftr-322	626	38	taxable	taxable	ADJ
ftr-322	626	39	interest	interest	NOUN
ftr-322	626	40	and	and	CCONJ
ftr-322	626	41	dividends	dividend	NOUN
ftr-322	626	42	from	from	ADP
ftr-322	626	43	its	its	PRON
ftr-322	626	44	investments	investment	NOUN
ftr-322	626	45	.	.	PUNCT
ftr-322	627	1	i	i	PRON
ftr-322	627	2	and	and	CCONJ
ftr-322	627	3	j	j	PROPN
ftr-322	627	4	made	make	VERB
ftr-322	627	5	equal	equal	ADJ
ftr-322	627	6	capital	capital	NOUN
ftr-322	627	7	contributions	contribution	NOUN
ftr-322	627	8	to	to	ADP
ftr-322	627	9	the	the	DET
ftr-322	627	10	partnership	partnership	NOUN
ftr-322	627	11	,	,	PUNCT
ftr-322	627	12	and	and	CCONJ
ftr-322	627	13	they	they	PRON
ftr-322	627	14	have	have	AUX
ftr-322	627	15	agreed	agree	VERB
ftr-322	627	16	to	to	PART
ftr-322	627	17	share	share	VERB
ftr-322	627	18	equally	equally	ADV
ftr-322	627	19	in	in	ADP
ftr-322	627	20	gains	gain	NOUN
ftr-322	627	21	and	and	CCONJ
ftr-322	627	22	losses	loss	NOUN
ftr-322	627	23	from	from	ADP
ftr-322	627	24	the	the	DET
ftr-322	627	25	sale	sale	NOUN
ftr-322	627	26	of	of	ADP
ftr-322	627	27	the	the	DET
ftr-322	627	28	partnership	partnership	NOUN
ftr-322	627	29	's	's	PART
ftr-322	627	30	investment	investment	NOUN
ftr-322	627	31	securities	security	NOUN
ftr-322	627	32	.	.	PUNCT
ftr-322	628	1	i	i	PRON
ftr-322	628	2	and	and	CCONJ
ftr-322	628	3	j	j	PROPN
ftr-322	628	4	agree	agree	VERB
ftr-322	628	5	,	,	PUNCT
ftr-322	628	6	however	however	ADV
ftr-322	628	7	,	,	PUNCT
ftr-322	628	8	that	that	SCONJ
ftr-322	628	9	rather	rather	ADV
ftr-322	628	10	than	than	ADP
ftr-322	628	11	share	share	VERB
ftr-322	628	12	interest	interest	NOUN
ftr-322	628	13	and	and	CCONJ
ftr-322	628	14	dividends	dividend	NOUN
ftr-322	628	15	of	of	ADP
ftr-322	628	16	the	the	DET
ftr-322	628	17	partnership	partnership	NOUN
ftr-322	628	18	equally	equally	ADV
ftr-322	628	19	,	,	PUNCT
ftr-322	628	20	they	they	PRON
ftr-322	628	21	will	will	AUX
ftr-322	628	22	allocate	allocate	VERB
ftr-322	628	23	the	the	DET
ftr-322	628	24	partnership	partnership	NOUN
ftr-322	628	25	's	's	PART
ftr-322	628	26	tax	tax	NOUN
ftr-322	628	27	-	-	PUNCT
ftr-322	628	28	exempt	exempt	ADJ
ftr-322	628	29	interest	interest	NOUN
ftr-322	628	30	80	80	NUM
ftr-322	628	31	percent	percent	NOUN
ftr-322	628	32	to	to	ADP
ftr-322	628	33	i	i	PRON
ftr-322	628	34	and	and	CCONJ
ftr-322	628	35	20	20	NUM
ftr-322	628	36	percent	percent	NOUN
ftr-322	628	37	to	to	ADP
ftr-322	628	38	j	j	PROPN
ftr-322	628	39	and	and	CCONJ
ftr-322	628	40	will	will	AUX
ftr-322	628	41	distribute	distribute	VERB
ftr-322	628	42	cash	cash	NOUN
ftr-322	628	43	derived	derive	VERB
ftr-322	628	44	from	from	ADP
ftr-322	628	45	interest	interest	NOUN
ftr-322	628	46	received	receive	VERB
ftr-322	628	47	on	on	ADP
ftr-322	628	48	the	the	DET
ftr-322	628	49	tax	tax	NOUN
ftr-322	628	50	-	-	PUNCT
ftr-322	628	51	exempt	exempt	ADJ
ftr-322	628	52	bonds	bond	NOUN
ftr-322	628	53	in	in	ADP
ftr-322	628	54	the	the	DET
ftr-322	628	55	same	same	ADJ
ftr-322	628	56	percentages	percentage	NOUN
ftr-322	628	57	.	.	PUNCT
ftr-322	629	1	in	in	ADP
ftr-322	629	2	addition	addition	NOUN
ftr-322	629	3	,	,	PUNCT
ftr-322	629	4	they	they	PRON
ftr-322	629	5	agree	agree	VERB
ftr-322	629	6	to	to	PART
ftr-322	629	7	allocate	allocate	VERB
ftr-322	629	8	100	100	NUM
ftr-322	629	9	percent	percent	NOUN
ftr-322	629	10	of	of	ADP
ftr-322	629	11	the	the	DET
ftr-322	629	12	partnership‘s	partnership‘s	PROPN
ftr-322	629	13	taxable	taxable	ADJ
ftr-322	629	14	interest	interest	NOUN
ftr-322	629	15	and	and	CCONJ
ftr-322	629	16	dividends	dividend	NOUN
ftr-322	629	17	to	to	ADP
ftr-322	629	18	j	j	PROPN
ftr-322	629	19	and	and	CCONJ
ftr-322	629	20	to	to	PART
ftr-322	629	21	distribute	distribute	VERB
ftr-322	629	22	cash	cash	NOUN
ftr-322	629	23	derived	derive	VERB
ftr-322	629	24	from	from	ADP
ftr-322	629	25	interest	interest	NOUN
ftr-322	629	26	and	and	CCONJ
ftr-322	629	27	dividends	dividend	NOUN
ftr-322	629	28	received	receive	VERB
ftr-322	629	29	on	on	ADP
ftr-322	629	30	the	the	DET
ftr-322	629	31	corporate	corporate	ADJ
ftr-322	629	32	stocks	stock	NOUN
ftr-322	629	33	and	and	CCONJ
ftr-322	629	34	debt	debt	NOUN
ftr-322	629	35	instruments	instrument	NOUN
ftr-322	629	36	100	100	NUM
ftr-322	629	37	percent	percent	NOUN
ftr-322	629	38	to	to	ADP
ftr-322	629	39	j.	j.	PROPN
ftr-322	629	40	80	80	NUM
ftr-322	629	41	as	as	SCONJ
ftr-322	629	42	previously	previously	ADV
ftr-322	629	43	discussed	discuss	VERB
ftr-322	629	44	,	,	PUNCT
ftr-322	629	45	under	under	ADP
ftr-322	629	46	the	the	DET
ftr-322	629	47	special	special	ADJ
ftr-322	629	48	allocations	allocation	NOUN
ftr-322	629	49	regulations	regulation	NOUN
ftr-322	629	50	,	,	PUNCT
ftr-322	629	51	the	the	DET
ftr-322	629	52	substantiality	substantiality	NOUN
ftr-322	629	53	question	question	NOUN
ftr-322	629	54	in	in	ADP
ftr-322	629	55	practice	practice	NOUN
ftr-322	629	56	turns	turn	VERB
ftr-322	629	57	on	on	ADP
ftr-322	629	58	how	how	SCONJ
ftr-322	629	59	great	great	ADJ
ftr-322	629	60	a	a	DET
ftr-322	629	61	risk	risk	NOUN
ftr-322	629	62	of	of	ADP
ftr-322	629	63	loss	loss	NOUN
ftr-322	629	64	a	a	DET
ftr-322	629	65	partner	partner	NOUN
ftr-322	629	66	must	must	AUX
ftr-322	629	67	assume	assume	VERB
ftr-322	629	68	in	in	ADP
ftr-322	629	69	order	order	NOUN
ftr-322	629	70	for	for	SCONJ
ftr-322	629	71	there	there	PRON
ftr-322	629	72	to	to	PART
ftr-322	629	73	be	be	AUX
ftr-322	629	74	a	a	DET
ftr-322	629	75	sufficient	sufficient	ADJ
ftr-322	629	76	likelihood	likelihood	NOUN
ftr-322	629	77	that	that	SCONJ
ftr-322	629	78	the	the	DET
ftr-322	629	79	80	80	NUM
ftr-322	629	80	.	.	PUNCT
ftr-322	630	1	reg	reg	NOUN
ftr-322	630	2	.	.	PUNCT
ftr-322	631	1	§	§	PROPN
ftr-322	631	2	1.704	1.704	NUM
ftr-322	631	3	-	-	NUM
ftr-322	631	4	1(b)(5	1(b)(5	NUM
ftr-322	631	5	)	)	PUNCT
ftr-322	631	6	ex	ex	NOUN
ftr-322	631	7	.	.	PUNCT
ftr-322	631	8	(	(	PUNCT
ftr-322	631	9	5)(i	5)(i	NUM
ftr-322	631	10	)	)	PUNCT
ftr-322	631	11	.	.	PUNCT
ftr-322	632	1	the	the	DET
ftr-322	632	2	example	example	NOUN
ftr-322	632	3	assumes	assume	VERB
ftr-322	632	4	that	that	SCONJ
ftr-322	632	5	dividends	dividend	NOUN
ftr-322	632	6	are	be	AUX
ftr-322	632	7	taxed	tax	VERB
ftr-322	632	8	at	at	ADP
ftr-322	632	9	ordinary	ordinary	ADJ
ftr-322	632	10	rates	rate	NOUN
ftr-322	632	11	rather	rather	ADV
ftr-322	632	12	than	than	ADP
ftr-322	632	13	at	at	ADP
ftr-322	632	14	the	the	DET
ftr-322	632	15	rate	rate	NOUN
ftr-322	632	16	for	for	ADP
ftr-322	632	17	net	net	ADJ
ftr-322	632	18	capital	capital	NOUN
ftr-322	632	19	gains	gain	NOUN
ftr-322	632	20	,	,	PUNCT
ftr-322	632	21	as	as	SCONJ
ftr-322	632	22	has	have	AUX
ftr-322	632	23	been	be	AUX
ftr-322	632	24	the	the	DET
ftr-322	632	25	case	case	NOUN
ftr-322	632	26	for	for	ADP
ftr-322	632	27	non	non	ADJ
ftr-322	632	28	-	-	ADJ
ftr-322	632	29	corporate	corporate	ADJ
ftr-322	632	30	shareholders	shareholder	NOUN
ftr-322	632	31	since	since	SCONJ
ftr-322	632	32	2003	2003	NUM
ftr-322	632	33	.	.	PUNCT
ftr-322	633	1	see	see	VERB
ftr-322	633	2	i.r.c	i.r.c	NOUN
ftr-322	633	3	.	.	PUNCT
ftr-322	634	1	§	§	PROPN
ftr-322	634	2	1(h)(3	1(h)(3	NUM
ftr-322	634	3	)	)	PUNCT
ftr-322	634	4	.	.	PUNCT
ftr-322	635	1	as	as	ADP
ftr-322	635	2	of	of	ADP
ftr-322	635	3	this	this	DET
ftr-322	635	4	writing	writing	NOUN
ftr-322	635	5	,	,	PUNCT
ftr-322	635	6	dividends	dividend	NOUN
ftr-322	635	7	generally	generally	ADV
ftr-322	635	8	are	be	AUX
ftr-322	635	9	taxed	tax	VERB
ftr-322	635	10	at	at	ADP
ftr-322	635	11	preferential	preferential	ADJ
ftr-322	635	12	rates	rate	NOUN
ftr-322	635	13	but	but	CCONJ
ftr-322	635	14	it	it	PRON
ftr-322	635	15	is	be	AUX
ftr-322	635	16	uncertain	uncertain	ADJ
ftr-322	635	17	whether	whether	SCONJ
ftr-322	635	18	they	they	PRON
ftr-322	635	19	will	will	AUX
ftr-322	635	20	continue	continue	VERB
ftr-322	635	21	to	to	PART
ftr-322	635	22	be	be	AUX
ftr-322	635	23	so	so	ADV
ftr-322	635	24	taxed	tax	VERB
ftr-322	635	25	.	.	PUNCT
ftr-322	636	1	378	378	NUM
ftr-322	636	2	florida	florida	PROPN
ftr-322	636	3	tax	tax	NOUN
ftr-322	636	4	review	review	NOUN
ftr-322	636	5	[	[	X
ftr-322	636	6	vol	vol	NOUN
ftr-322	636	7	.	.	PUNCT
ftr-322	637	1	13:7	13:7	NUM
ftr-322	637	2	after	after	ADP
ftr-322	637	3	-	-	PUNCT
ftr-322	637	4	tax	tax	NOUN
ftr-322	637	5	prospects	prospect	NOUN
ftr-322	637	6	of	of	ADP
ftr-322	637	7	the	the	DET
ftr-322	637	8	partner	partner	NOUN
ftr-322	637	9	will	will	AUX
ftr-322	637	10	be	be	AUX
ftr-322	637	11	substantially	substantially	ADV
ftr-322	637	12	diminished	diminish	VERB
ftr-322	637	13	as	as	ADP
ftr-322	637	14	compared	compare	VERB
ftr-322	637	15	to	to	ADP
ftr-322	637	16	the	the	DET
ftr-322	637	17	results	result	NOUN
ftr-322	637	18	without	without	ADP
ftr-322	637	19	the	the	DET
ftr-322	637	20	special	special	ADJ
ftr-322	637	21	allocation	allocation	NOUN
ftr-322	637	22	under	under	ADP
ftr-322	637	23	outcomes	outcome	NOUN
ftr-322	637	24	that	that	PRON
ftr-322	637	25	are	be	AUX
ftr-322	637	26	reasonably	reasonably	ADV
ftr-322	637	27	likely	likely	ADJ
ftr-322	637	28	to	to	PART
ftr-322	637	29	occur	occur	VERB
ftr-322	637	30	.	.	PUNCT
ftr-322	638	1	in	in	ADP
ftr-322	638	2	the	the	DET
ftr-322	638	3	example	example	NOUN
ftr-322	638	4	,	,	PUNCT
ftr-322	638	5	treasury	treasury	PROPN
ftr-322	638	6	concludes	conclude	VERB
ftr-322	638	7	that	that	SCONJ
ftr-322	638	8	the	the	DET
ftr-322	638	9	arrangement	arrangement	NOUN
ftr-322	638	10	fails	fail	VERB
ftr-322	638	11	the	the	DET
ftr-322	638	12	substantiality	substantiality	NOUN
ftr-322	638	13	test	test	NOUN
ftr-322	638	14	because	because	SCONJ
ftr-322	638	15	there	there	PRON
ftr-322	638	16	is	be	VERB
ftr-322	638	17	no	no	DET
ftr-322	638	18	situation	situation	NOUN
ftr-322	638	19	in	in	ADP
ftr-322	638	20	which	which	PRON
ftr-322	638	21	the	the	DET
ftr-322	638	22	low	low	ADJ
ftr-322	638	23	-	-	PUNCT
ftr-322	638	24	tax	tax	NOUN
ftr-322	638	25	partner	partner	NOUN
ftr-322	638	26	is	be	AUX
ftr-322	638	27	worse	bad	ADJ
ftr-322	638	28	off	off	ADV
ftr-322	638	29	than	than	ADP
ftr-322	638	30	under	under	ADP
ftr-322	638	31	a	a	DET
ftr-322	638	32	ratable	ratable	ADJ
ftr-322	638	33	allocation	allocation	NOUN
ftr-322	638	34	while	while	SCONJ
ftr-322	638	35	in	in	ADP
ftr-322	638	36	the	the	DET
ftr-322	638	37	worst	bad	ADJ
ftr-322	638	38	-	-	PUNCT
ftr-322	638	39	case	case	NOUN
ftr-322	638	40	scenario	scenario	NOUN
ftr-322	638	41	for	for	ADP
ftr-322	638	42	the	the	DET
ftr-322	638	43	high	high	ADJ
ftr-322	638	44	-	-	PUNCT
ftr-322	638	45	tax	tax	NOUN
ftr-322	638	46	partner	partner	NOUN
ftr-322	638	47	(	(	PUNCT
ftr-322	638	48	$	$	SYM
ftr-322	638	49	450	450	NUM
ftr-322	638	50	tax	tax	NOUN
ftr-322	638	51	-	-	PUNCT
ftr-322	638	52	exempt	exempt	ADJ
ftr-322	638	53	income	income	NOUN
ftr-322	638	54	and	and	CCONJ
ftr-322	638	55	$	$	SYM
ftr-322	638	56	550	550	NUM
ftr-322	638	57	taxable	taxable	ADJ
ftr-322	638	58	income	income	NOUN
ftr-322	638	59	)	)	PUNCT
ftr-322	638	60	,	,	PUNCT
ftr-322	638	61	that	that	SCONJ
ftr-322	638	62	latter	latter	ADJ
ftr-322	638	63	partner	partner	NOUN
ftr-322	638	64	is	be	AUX
ftr-322	638	65	only	only	ADV
ftr-322	638	66	$	$	SYM
ftr-322	638	67	2.50	2.50	NUM
ftr-322	638	68	worse	bad	ADJ
ftr-322	638	69	off	off	ADP
ftr-322	638	70	on	on	ADP
ftr-322	638	71	an	an	DET
ftr-322	638	72	aftertax	aftertax	ADJ
ftr-322	638	73	basis	basis	NOUN
ftr-322	638	74	than	than	SCONJ
ftr-322	638	75	the	the	DET
ftr-322	638	76	partner	partner	NOUN
ftr-322	638	77	would	would	AUX
ftr-322	638	78	be	be	AUX
ftr-322	638	79	under	under	ADP
ftr-322	638	80	a	a	DET
ftr-322	638	81	ratable	ratable	ADJ
ftr-322	638	82	allocation	allocation	NOUN
ftr-322	638	83	,	,	PUNCT
ftr-322	638	84	an	an	DET
ftr-322	638	85	amount	amount	NOUN
ftr-322	638	86	that	that	PRON
ftr-322	638	87	is	be	AUX
ftr-322	638	88	not	not	PART
ftr-322	638	89	―substantial.‖	―substantial.‖	X
ftr-322	638	90	81	81	NUM
ftr-322	638	91	having	having	AUX
ftr-322	638	92	concluded	conclude	VERB
ftr-322	638	93	the	the	DET
ftr-322	638	94	allocation	allocation	NOUN
ftr-322	638	95	lacks	lack	VERB
ftr-322	638	96	substantiality	substantiality	NOUN
ftr-322	638	97	,	,	PUNCT
ftr-322	638	98	treasury	treasury	PROPN
ftr-322	638	99	analyzes	analyze	VERB
ftr-322	638	100	it	it	PRON
ftr-322	638	101	under	under	ADP
ftr-322	638	102	pip	pip	NOUN
ftr-322	638	103	.	.	PUNCT
ftr-322	639	1	82	82	NUM
ftr-322	640	1	in	in	ADP
ftr-322	640	2	treasury‘s	treasury‘s	ADJ
ftr-322	640	3	view	view	NOUN
ftr-322	640	4	,	,	PUNCT
ftr-322	640	5	the	the	DET
ftr-322	640	6	pip	pip	NOUN
ftr-322	640	7	analysis	analysis	NOUN
ftr-322	640	8	does	do	AUX
ftr-322	640	9	not	not	PART
ftr-322	640	10	result	result	VERB
ftr-322	640	11	in	in	ADP
ftr-322	640	12	a	a	DET
ftr-322	640	13	disregard	disregard	NOUN
ftr-322	640	14	of	of	ADP
ftr-322	640	15	the	the	DET
ftr-322	640	16	allocation	allocation	NOUN
ftr-322	640	17	but	but	CCONJ
ftr-322	640	18	instead	instead	ADV
ftr-322	640	19	in	in	ADP
ftr-322	640	20	a	a	DET
ftr-322	640	21	disregard	disregard	NOUN
ftr-322	640	22	of	of	ADP
ftr-322	640	23	its	its	PRON
ftr-322	640	24	tax	tax	NOUN
ftr-322	640	25	effect	effect	NOUN
ftr-322	640	26	:	:	PUNCT
ftr-322	640	27	the	the	DET
ftr-322	640	28	allocation	allocation	NOUN
ftr-322	640	29	is	be	AUX
ftr-322	640	30	treated	treat	VERB
ftr-322	640	31	as	as	ADP
ftr-322	640	32	valid	valid	ADJ
ftr-322	640	33	in	in	ADP
ftr-322	640	34	the	the	DET
ftr-322	640	35	sense	sense	NOUN
ftr-322	640	36	that	that	SCONJ
ftr-322	640	37	it	it	PRON
ftr-322	640	38	determines	determine	VERB
ftr-322	640	39	the	the	DET
ftr-322	640	40	partners	partner	NOUN
ftr-322	640	41	‘	'	PUNCT
ftr-322	640	42	capital	capital	NOUN
ftr-322	640	43	account	account	NOUN
ftr-322	640	44	balances	balance	NOUN
ftr-322	640	45	but	but	CCONJ
ftr-322	640	46	invalid	invalid	ADJ
ftr-322	640	47	to	to	ADP
ftr-322	640	48	the	the	DET
ftr-322	640	49	extent	extent	NOUN
ftr-322	640	50	it	it	PRON
ftr-322	640	51	purports	purport	VERB
ftr-322	640	52	to	to	PART
ftr-322	640	53	allocate	allocate	VERB
ftr-322	640	54	taxable	taxable	ADJ
ftr-322	640	55	and	and	CCONJ
ftr-322	640	56	tax	tax	NOUN
ftr-322	640	57	-	-	PUNCT
ftr-322	640	58	exempt	exempt	ADJ
ftr-322	640	59	income	income	NOUN
ftr-322	640	60	as	as	ADP
ftr-322	640	61	a	a	DET
ftr-322	640	62	means	means	NOUN
ftr-322	640	63	to	to	PART
ftr-322	640	64	achieve	achieve	VERB
ftr-322	640	65	the	the	DET
ftr-322	640	66	balances	balance	NOUN
ftr-322	640	67	.	.	PUNCT
ftr-322	641	1	accordingly	accordingly	ADV
ftr-322	641	2	,	,	PUNCT
ftr-322	641	3	since	since	SCONJ
ftr-322	641	4	there	there	PRON
ftr-322	641	5	is	be	VERB
ftr-322	641	6	$	$	SYM
ftr-322	641	7	450	450	NUM
ftr-322	641	8	of	of	ADP
ftr-322	641	9	tax	tax	NOUN
ftr-322	641	10	-	-	PUNCT
ftr-322	641	11	exempt	exempt	ADJ
ftr-322	641	12	income	income	NOUN
ftr-322	641	13	and	and	CCONJ
ftr-322	641	14	the	the	DET
ftr-322	641	15	high	high	ADJ
ftr-322	641	16	-	-	PUNCT
ftr-322	641	17	income	income	NOUN
ftr-322	641	18	partner‘s	partner‘s	ADJ
ftr-322	641	19	capital	capital	NOUN
ftr-322	641	20	account	account	NOUN
ftr-322	641	21	is	be	AUX
ftr-322	641	22	to	to	PART
ftr-322	641	23	be	be	AUX
ftr-322	641	24	credited	credit	VERB
ftr-322	641	25	with	with	ADP
ftr-322	641	26	80	80	NUM
ftr-322	641	27	percent	percent	NOUN
ftr-322	641	28	of	of	ADP
ftr-322	641	29	that	that	DET
ftr-322	641	30	amount	amount	NOUN
ftr-322	641	31	and	and	CCONJ
ftr-322	641	32	none	none	NOUN
ftr-322	641	33	of	of	ADP
ftr-322	641	34	the	the	DET
ftr-322	641	35	taxable	taxable	ADJ
ftr-322	641	36	income	income	NOUN
ftr-322	641	37	,	,	PUNCT
ftr-322	641	38	that	that	DET
ftr-322	641	39	partner	partner	NOUN
ftr-322	641	40	is	be	AUX
ftr-322	641	41	allocated	allocate	VERB
ftr-322	641	42	$	$	SYM
ftr-322	641	43	360	360	NUM
ftr-322	641	44	of	of	ADP
ftr-322	641	45	partnership	partnership	NOUN
ftr-322	641	46	income	income	NOUN
ftr-322	641	47	.	.	PUNCT
ftr-322	642	1	the	the	DET
ftr-322	642	2	low	low	ADJ
ftr-322	642	3	-	-	PUNCT
ftr-322	642	4	income	income	NOUN
ftr-322	642	5	partner	partner	NOUN
ftr-322	642	6	is	be	AUX
ftr-322	642	7	allocated	allocate	VERB
ftr-322	642	8	the	the	DET
ftr-322	642	9	balance	balance	NOUN
ftr-322	642	10	of	of	ADP
ftr-322	642	11	partnership	partnership	NOUN
ftr-322	642	12	income	income	NOUN
ftr-322	642	13	,	,	PUNCT
ftr-322	642	14	or	or	CCONJ
ftr-322	642	15	$	$	SYM
ftr-322	642	16	640	640	NUM
ftr-322	642	17	.	.	PUNCT
ftr-322	642	18	83	83	NUM
ftr-322	642	19	because	because	SCONJ
ftr-322	642	20	the	the	DET
ftr-322	642	21	special	special	ADJ
ftr-322	642	22	allocation	allocation	NOUN
ftr-322	642	23	lacks	lack	NOUN
ftr-322	642	24	see	see	VERB
ftr-322	642	25	,	,	PUNCT
ftr-322	642	26	treasury	treasury	NOUN
ftr-322	642	27	views	view	VERB
ftr-322	642	28	each	each	DET
ftr-322	642	29	partner	partner	NOUN
ftr-322	642	30	as	as	ADP
ftr-322	642	31	receiving	receive	VERB
ftr-322	642	32	a	a	DET
ftr-322	642	33	proportion	proportion	NOUN
ftr-322	642	34	of	of	ADP
ftr-322	642	35	each	each	DET
ftr-322	642	36	type	type	NOUN
ftr-322	642	37	of	of	ADP
ftr-322	642	38	partnership	partnership	NOUN
ftr-322	642	39	income	income	NOUN
ftr-322	642	40	equal	equal	ADJ
ftr-322	642	41	to	to	ADP
ftr-322	642	42	that	that	DET
ftr-322	642	43	partner‘s	partner‘s	ADJ
ftr-322	642	44	proportion	proportion	NOUN
ftr-322	642	45	of	of	ADP
ftr-322	642	46	overall	overall	ADJ
ftr-322	642	47	partnership	partnership	NOUN
ftr-322	642	48	income	income	NOUN
ftr-322	642	49	—	—	PUNCT
ftr-322	642	50	presumably	presumably	ADV
ftr-322	642	51	this	this	PRON
ftr-322	642	52	is	be	AUX
ftr-322	642	53	what	what	PRON
ftr-322	642	54	is	be	AUX
ftr-322	642	55	meant	mean	VERB
ftr-322	642	56	by	by	ADP
ftr-322	642	57	pip	pip	PROPN
ftr-322	642	58	,	,	PUNCT
ftr-322	642	59	in	in	ADP
ftr-322	642	60	treasury‘s	treasury‘s	ADJ
ftr-322	642	61	view	view	NOUN
ftr-322	642	62	.	.	PUNCT
ftr-322	643	1	therefore	therefore	ADV
ftr-322	643	2	,	,	PUNCT
ftr-322	643	3	the	the	DET
ftr-322	643	4	high	high	ADV
ftr-322	643	5	-	-	PUNCT
ftr-322	643	6	taxed	tax	VERB
ftr-322	643	7	partner	partner	NOUN
ftr-322	643	8	receives	receive	VERB
ftr-322	643	9	36	36	NUM
ftr-322	643	10	percent	percent	NOUN
ftr-322	643	11	of	of	ADP
ftr-322	643	12	both	both	DET
ftr-322	643	13	partnership	partnership	NOUN
ftr-322	643	14	taxable	taxable	ADJ
ftr-322	643	15	income	income	NOUN
ftr-322	643	16	,	,	PUNCT
ftr-322	643	17	or	or	CCONJ
ftr-322	643	18	$	$	SYM
ftr-322	643	19	198	198	NUM
ftr-322	643	20	,	,	PUNCT
ftr-322	643	21	and	and	CCONJ
ftr-322	643	22	partnership	partnership	NOUN
ftr-322	643	23	tax	tax	NOUN
ftr-322	643	24	-	-	PUNCT
ftr-322	643	25	exempt	exempt	ADJ
ftr-322	643	26	interest	interest	NOUN
ftr-322	643	27	,	,	PUNCT
ftr-322	643	28	or	or	CCONJ
ftr-322	643	29	$	$	SYM
ftr-322	643	30	162	162	NUM
ftr-322	643	31	,	,	PUNCT
ftr-322	643	32	for	for	ADP
ftr-322	643	33	$	$	SYM
ftr-322	643	34	360	360	NUM
ftr-322	643	35	total	total	NOUN
ftr-322	643	36	and	and	CCONJ
ftr-322	643	37	$	$	SYM
ftr-322	643	38	99	99	NUM
ftr-322	643	39	of	of	ADP
ftr-322	643	40	tax	tax	NOUN
ftr-322	643	41	due	due	ADJ
ftr-322	643	42	(	(	PUNCT
ftr-322	643	43	equal	equal	ADJ
ftr-322	643	44	to	to	ADP
ftr-322	643	45	50	50	NUM
ftr-322	643	46	percent	percent	NOUN
ftr-322	643	47	of	of	ADP
ftr-322	643	48	$	$	SYM
ftr-322	643	49	198	198	NUM
ftr-322	643	50	)	)	PUNCT
ftr-322	643	51	.	.	PUNCT
ftr-322	644	1	the	the	DET
ftr-322	644	2	low	low	ADV
ftr-322	644	3	-	-	PUNCT
ftr-322	644	4	taxed	tax	VERB
ftr-322	644	5	partner	partner	NOUN
ftr-322	644	6	receives	receive	VERB
ftr-322	644	7	64	64	NUM
ftr-322	644	8	percent	percent	NOUN
ftr-322	644	9	of	of	ADP
ftr-322	644	10	these	these	DET
ftr-322	644	11	items	item	NOUN
ftr-322	644	12	,	,	PUNCT
ftr-322	644	13	or	or	CCONJ
ftr-322	644	14	$	$	SYM
ftr-322	644	15	352	352	NUM
ftr-322	644	16	and	and	CCONJ
ftr-322	644	17	$	$	SYM
ftr-322	644	18	288	288	NUM
ftr-322	644	19	,	,	PUNCT
ftr-322	644	20	respectively	respectively	ADV
ftr-322	644	21	,	,	PUNCT
ftr-322	644	22	for	for	ADP
ftr-322	644	23	$	$	SYM
ftr-322	644	24	640	640	NUM
ftr-322	644	25	total	total	NOUN
ftr-322	644	26	and	and	CCONJ
ftr-322	644	27	$	$	SYM
ftr-322	644	28	53	53	NUM
ftr-322	644	29	of	of	ADP
ftr-322	644	30	tax	tax	NOUN
ftr-322	644	31	due	due	ADJ
ftr-322	644	32	(	(	PUNCT
ftr-322	644	33	equal	equal	ADJ
ftr-322	644	34	to	to	ADP
ftr-322	644	35	15	15	NUM
ftr-322	644	36	percent	percent	NOUN
ftr-322	644	37	of	of	ADP
ftr-322	644	38	$	$	SYM
ftr-322	644	39	352	352	NUM
ftr-322	644	40	)	)	PUNCT
ftr-322	644	41	.	.	PUNCT
ftr-322	645	1	treasury‘s	treasury‘s	PROPN
ftr-322	645	2	pip	pip	ADJ
ftr-322	645	3	analysis	analysis	NOUN
ftr-322	645	4	has	have	VERB
ftr-322	645	5	an	an	DET
ftr-322	645	6	apparent	apparent	ADJ
ftr-322	645	7	plausibility	plausibility	NOUN
ftr-322	645	8	.	.	PUNCT
ftr-322	646	1	it	it	PRON
ftr-322	646	2	supposes	suppose	VERB
ftr-322	646	3	that	that	SCONJ
ftr-322	646	4	the	the	DET
ftr-322	646	5	partners	partner	NOUN
ftr-322	646	6	intended	intend	VERB
ftr-322	646	7	to	to	PART
ftr-322	646	8	have	have	VERB
ftr-322	646	9	the	the	DET
ftr-322	646	10	allocation	allocation	NOUN
ftr-322	646	11	for	for	ADP
ftr-322	646	12	non	non	ADJ
ftr-322	646	13	-	-	ADJ
ftr-322	646	14	tax	tax	ADJ
ftr-322	646	15	reasons	reason	NOUN
ftr-322	646	16	and	and	CCONJ
ftr-322	646	17	therefore	therefore	ADV
ftr-322	646	18	that	that	SCONJ
ftr-322	646	19	the	the	DET
ftr-322	646	20	allocation	allocation	NOUN
ftr-322	646	21	ought	ought	AUX
ftr-322	646	22	to	to	PART
ftr-322	646	23	be	be	AUX
ftr-322	646	24	respected	respect	VERB
ftr-322	646	25	as	as	ADP
ftr-322	646	26	a	a	DET
ftr-322	646	27	determination	determination	NOUN
ftr-322	646	28	about	about	ADP
ftr-322	646	29	how	how	SCONJ
ftr-322	646	30	to	to	PART
ftr-322	646	31	allocate	allocate	VERB
ftr-322	646	32	the	the	DET
ftr-322	646	33	(	(	PUNCT
ftr-322	646	34	non	non	ADJ
ftr-322	646	35	-	-	NOUN
ftr-322	646	36	tax	tax	ADJ
ftr-322	646	37	)	)	PUNCT
ftr-322	646	38	attributes	attribute	NOUN
ftr-322	646	39	of	of	ADP
ftr-322	646	40	partnership	partnership	NOUN
ftr-322	646	41	igld	igld	ADJ
ftr-322	646	42	,	,	PUNCT
ftr-322	646	43	including	include	VERB
ftr-322	646	44	amounts	amount	NOUN
ftr-322	646	45	thereof	thereof	ADV
ftr-322	646	46	.	.	PUNCT
ftr-322	647	1	having	having	AUX
ftr-322	647	2	reached	reach	VERB
ftr-322	647	3	that	that	DET
ftr-322	647	4	conclusion	conclusion	NOUN
ftr-322	647	5	,	,	PUNCT
ftr-322	647	6	the	the	DET
ftr-322	647	7	tax	tax	NOUN
ftr-322	647	8	consequences	consequence	NOUN
ftr-322	647	9	would	would	AUX
ftr-322	647	10	seem	seem	VERB
ftr-322	647	11	to	to	PART
ftr-322	647	12	follow	follow	VERB
ftr-322	647	13	from	from	ADP
ftr-322	647	14	the	the	DET
ftr-322	647	15	usual	usual	ADJ
ftr-322	647	16	principle	principle	NOUN
ftr-322	647	17	of	of	ADP
ftr-322	647	18	ratability	ratability	NOUN
ftr-322	647	19	,	,	PUNCT
ftr-322	647	20	given	give	VERB
ftr-322	647	21	that	that	SCONJ
ftr-322	647	22	the	the	DET
ftr-322	647	23	stipulated	stipulate	VERB
ftr-322	647	24	tax	tax	NOUN
ftr-322	647	25	consequences	consequence	NOUN
ftr-322	647	26	lack	lack	VERB
ftr-322	647	27	substantiality	substantiality	NOUN
ftr-322	647	28	.	.	PUNCT
ftr-322	648	1	if	if	SCONJ
ftr-322	648	2	the	the	DET
ftr-322	648	3	allocation	allocation	NOUN
ftr-322	648	4	provides	provide	VERB
ftr-322	648	5	that	that	SCONJ
ftr-322	648	6	a	a	DET
ftr-322	648	7	given	give	VERB
ftr-322	648	8	partner	partner	NOUN
ftr-322	648	9	ends	end	VERB
ftr-322	648	10	up	up	ADP
ftr-322	648	11	with	with	ADP
ftr-322	648	12	x	x	PART
ftr-322	648	13	percent	percent	NOUN
ftr-322	648	14	of	of	ADP
ftr-322	648	15	partnership	partnership	NOUN
ftr-322	648	16	income	income	NOUN
ftr-322	648	17	,	,	PUNCT
ftr-322	648	18	and	and	CCONJ
ftr-322	648	19	if	if	SCONJ
ftr-322	648	20	the	the	DET
ftr-322	648	21	allocation	allocation	NOUN
ftr-322	648	22	is	be	AUX
ftr-322	648	23	taken	take	VERB
ftr-322	648	24	at	at	ADP
ftr-322	648	25	face	face	NOUN
ftr-322	648	26	value	value	NOUN
ftr-322	648	27	for	for	ADP
ftr-322	648	28	non	non	ADJ
ftr-322	648	29	-	-	ADJ
ftr-322	648	30	tax	tax	ADJ
ftr-322	648	31	purposes	purpose	NOUN
ftr-322	648	32	but	but	CCONJ
ftr-322	648	33	not	not	PART
ftr-322	648	34	for	for	ADP
ftr-322	648	35	tax	tax	NOUN
ftr-322	648	36	purposes	purpose	NOUN
ftr-322	648	37	,	,	PUNCT
ftr-322	648	38	then	then	ADV
ftr-322	648	39	it	it	PRON
ftr-322	648	40	would	would	AUX
ftr-322	648	41	seem	seem	VERB
ftr-322	648	42	to	to	PART
ftr-322	648	43	follow	follow	VERB
ftr-322	648	44	that	that	SCONJ
ftr-322	648	45	the	the	DET
ftr-322	648	46	partner‘s	partner‘s	PROPN
ftr-322	648	47	share	share	NOUN
ftr-322	648	48	of	of	ADP
ftr-322	648	49	each	each	PRON
ftr-322	648	50	of	of	ADP
ftr-322	648	51	the	the	DET
ftr-322	648	52	various	various	ADJ
ftr-322	648	53	components	component	NOUN
ftr-322	648	54	of	of	ADP
ftr-322	648	55	partnership	partnership	NOUN
ftr-322	648	56	income	income	NOUN
ftr-322	648	57	ought	ought	AUX
ftr-322	648	58	to	to	PART
ftr-322	648	59	be	be	AUX
ftr-322	648	60	x	x	X
ftr-322	648	61	percent	percent	NOUN
ftr-322	648	62	as	as	ADV
ftr-322	648	63	well	well	ADV
ftr-322	648	64	.	.	PUNCT
ftr-322	649	1	81	81	NUM
ftr-322	649	2	.	.	PUNCT
ftr-322	650	1	reg	reg	NOUN
ftr-322	650	2	.	.	PUNCT
ftr-322	651	1	§	§	PROPN
ftr-322	651	2	1.704	1.704	NUM
ftr-322	651	3	-	-	NUM
ftr-322	651	4	1(b)(5	1(b)(5	NUM
ftr-322	651	5	)	)	PUNCT
ftr-322	651	6	ex	ex	NOUN
ftr-322	651	7	.	.	PUNCT
ftr-322	651	8	(	(	PUNCT
ftr-322	651	9	5)(ii	5)(ii	NUM
ftr-322	651	10	)	)	PUNCT
ftr-322	651	11	.	.	PUNCT
ftr-322	652	1	82	82	NUM
ftr-322	652	2	.	.	PUNCT
ftr-322	652	3	i.r.c	i.r.c	NOUN
ftr-322	652	4	.	.	PUNCT
ftr-322	653	1	§	§	PROPN
ftr-322	653	2	704(b	704(b	PROPN
ftr-322	653	3	)	)	PUNCT
ftr-322	653	4	;	;	PUNCT
ftr-322	654	1	reg	reg	NOUN
ftr-322	654	2	.	.	PUNCT
ftr-322	655	1	§	§	PROPN
ftr-322	655	2	1.704	1.704	NUM
ftr-322	655	3	-	-	NUM
ftr-322	655	4	1(b)(1	1(b)(1	NUM
ftr-322	655	5	)	)	PUNCT
ftr-322	655	6	.	.	PUNCT
ftr-322	656	1	83	83	NUM
ftr-322	656	2	.	.	PUNCT
ftr-322	657	1	reg	reg	NOUN
ftr-322	657	2	.	.	PUNCT
ftr-322	658	1	§	§	PROPN
ftr-322	658	2	1.704	1.704	NUM
ftr-322	658	3	-	-	NUM
ftr-322	658	4	1(b)(5	1(b)(5	NUM
ftr-322	658	5	)	)	PUNCT
ftr-322	658	6	ex	ex	NOUN
ftr-322	658	7	.	.	PROPN
ftr-322	658	8	5(ii	5(ii	NUM
ftr-322	658	9	)	)	PUNCT
ftr-322	658	10	.	.	PUNCT
ftr-322	659	1	2012	2012	NUM
ftr-322	659	2	]	]	PUNCT
ftr-322	659	3	special	special	ADJ
ftr-322	659	4	allocations	allocation	NOUN
ftr-322	659	5	revisited	revisit	VERB
ftr-322	659	6	379	379	NUM
ftr-322	659	7	the	the	DET
ftr-322	659	8	logic	logic	NOUN
ftr-322	659	9	,	,	PUNCT
ftr-322	659	10	however	however	ADV
ftr-322	659	11	,	,	PUNCT
ftr-322	659	12	is	be	AUX
ftr-322	659	13	faulty	faulty	ADJ
ftr-322	659	14	.	.	PUNCT
ftr-322	660	1	to	to	PART
ftr-322	660	2	conclude	conclude	VERB
ftr-322	660	3	that	that	SCONJ
ftr-322	660	4	the	the	DET
ftr-322	660	5	special	special	ADJ
ftr-322	660	6	allocation	allocation	NOUN
ftr-322	660	7	lacks	lack	NOUN
ftr-322	660	8	see	see	VERB
ftr-322	660	9	is	be	AUX
ftr-322	660	10	in	in	ADP
ftr-322	660	11	essence	essence	NOUN
ftr-322	660	12	to	to	PART
ftr-322	660	13	determine	determine	VERB
ftr-322	660	14	that	that	SCONJ
ftr-322	660	15	it	it	PRON
ftr-322	660	16	is	be	AUX
ftr-322	660	17	improperly	improperly	ADV
ftr-322	660	18	tax	tax	NOUN
ftr-322	660	19	-	-	PUNCT
ftr-322	660	20	motivated	motivated	ADJ
ftr-322	660	21	.	.	PUNCT
ftr-322	661	1	in	in	ADP
ftr-322	661	2	other	other	ADJ
ftr-322	661	3	words	word	NOUN
ftr-322	661	4	,	,	PUNCT
ftr-322	661	5	it	it	PRON
ftr-322	661	6	is	be	AUX
ftr-322	661	7	to	to	PART
ftr-322	661	8	conclude	conclude	VERB
ftr-322	661	9	that	that	SCONJ
ftr-322	661	10	the	the	DET
ftr-322	661	11	partners	partner	NOUN
ftr-322	661	12	were	be	AUX
ftr-322	661	13	not	not	PART
ftr-322	661	14	serious	serious	ADJ
ftr-322	661	15	about	about	ADP
ftr-322	661	16	their	their	PRON
ftr-322	661	17	economic	economic	ADJ
ftr-322	661	18	deal	deal	NOUN
ftr-322	661	19	as	as	SCONJ
ftr-322	661	20	specified	specify	VERB
ftr-322	661	21	in	in	ADP
ftr-322	661	22	the	the	DET
ftr-322	661	23	allocation	allocation	NOUN
ftr-322	661	24	apart	apart	ADV
ftr-322	661	25	from	from	ADP
ftr-322	661	26	its	its	PRON
ftr-322	661	27	tax	tax	NOUN
ftr-322	661	28	consequences	consequence	NOUN
ftr-322	661	29	or	or	CCONJ
ftr-322	661	30	,	,	PUNCT
ftr-322	661	31	stated	state	VERB
ftr-322	661	32	in	in	ADP
ftr-322	661	33	the	the	DET
ftr-322	661	34	converse	converse	NOUN
ftr-322	661	35	,	,	PUNCT
ftr-322	661	36	that	that	SCONJ
ftr-322	661	37	the	the	DET
ftr-322	661	38	only	only	ADJ
ftr-322	661	39	basis	basis	NOUN
ftr-322	661	40	upon	upon	SCONJ
ftr-322	661	41	which	which	PRON
ftr-322	661	42	it	it	PRON
ftr-322	661	43	did	do	AUX
ftr-322	661	44	reflect	reflect	VERB
ftr-322	661	45	their	their	PRON
ftr-322	661	46	economic	economic	ADJ
ftr-322	661	47	deal	deal	NOUN
ftr-322	661	48	was	be	AUX
ftr-322	661	49	with	with	ADP
ftr-322	661	50	taxes	taxis	NOUN
ftr-322	661	51	factored	factor	VERB
ftr-322	661	52	in	in	ADP
ftr-322	661	53	.	.	PUNCT
ftr-322	662	1	having	having	AUX
ftr-322	662	2	concluded	conclude	VERB
ftr-322	662	3	the	the	DET
ftr-322	662	4	tax	tax	NOUN
ftr-322	662	5	consequences	consequence	NOUN
ftr-322	662	6	are	be	AUX
ftr-322	662	7	not	not	PART
ftr-322	662	8	to	to	PART
ftr-322	662	9	be	be	AUX
ftr-322	662	10	respected	respect	VERB
ftr-322	662	11	because	because	SCONJ
ftr-322	662	12	the	the	DET
ftr-322	662	13	allocation	allocation	NOUN
ftr-322	662	14	was	be	AUX
ftr-322	662	15	taxmotivated	taxmotivate	VERB
ftr-322	662	16	,	,	PUNCT
ftr-322	662	17	it	it	PRON
ftr-322	662	18	seems	seem	VERB
ftr-322	662	19	incorrect	incorrect	ADJ
ftr-322	662	20	to	to	PART
ftr-322	662	21	continue	continue	VERB
ftr-322	662	22	to	to	PART
ftr-322	662	23	credit	credit	VERB
ftr-322	662	24	the	the	DET
ftr-322	662	25	allocation	allocation	NOUN
ftr-322	662	26	as	as	ADP
ftr-322	662	27	reflecting	reflect	VERB
ftr-322	662	28	the	the	DET
ftr-322	662	29	partners	partner	NOUN
ftr-322	662	30	‘	'	PUNCT
ftr-322	662	31	deal	deal	NOUN
ftr-322	662	32	on	on	ADP
ftr-322	662	33	a	a	DET
ftr-322	662	34	pre	pre	ADJ
ftr-322	662	35	-	-	ADJ
ftr-322	662	36	tax	tax	ADJ
ftr-322	662	37	basis	basis	NOUN
ftr-322	662	38	for	for	ADP
ftr-322	662	39	purposes	purpose	NOUN
ftr-322	662	40	of	of	ADP
ftr-322	662	41	the	the	DET
ftr-322	662	42	pip	pip	NOUN
ftr-322	662	43	analysis	analysis	NOUN
ftr-322	662	44	.	.	PUNCT
ftr-322	663	1	respecting	respect	VERB
ftr-322	663	2	the	the	DET
ftr-322	663	3	allocation	allocation	NOUN
ftr-322	663	4	for	for	ADP
ftr-322	663	5	non	non	ADJ
ftr-322	663	6	-	-	ADJ
ftr-322	663	7	tax	tax	ADJ
ftr-322	663	8	purposes	purpose	NOUN
ftr-322	663	9	is	be	AUX
ftr-322	663	10	,	,	PUNCT
ftr-322	663	11	in	in	ADP
ftr-322	663	12	a	a	DET
ftr-322	663	13	sense	sense	NOUN
ftr-322	663	14	,	,	PUNCT
ftr-322	663	15	to	to	PART
ftr-322	663	16	contradict	contradict	VERB
ftr-322	663	17	the	the	DET
ftr-322	663	18	regulations	regulation	NOUN
ftr-322	663	19	‘	'	PUNCT
ftr-322	663	20	initial	initial	ADJ
ftr-322	663	21	determination	determination	NOUN
ftr-322	663	22	that	that	SCONJ
ftr-322	663	23	the	the	DET
ftr-322	663	24	allocation	allocation	NOUN
ftr-322	663	25	is	be	AUX
ftr-322	663	26	tax	tax	NOUN
ftr-322	663	27	-	-	PUNCT
ftr-322	663	28	motivated	motivated	ADJ
ftr-322	663	29	.	.	PUNCT
ftr-322	664	1	what	what	PRON
ftr-322	664	2	drives	drive	VERB
ftr-322	664	3	the	the	DET
ftr-322	664	4	purported	purport	VERB
ftr-322	664	5	allocation	allocation	NOUN
ftr-322	664	6	is	be	AUX
ftr-322	664	7	the	the	DET
ftr-322	664	8	link	link	NOUN
ftr-322	664	9	between	between	ADP
ftr-322	664	10	the	the	DET
ftr-322	664	11	amounts	amount	NOUN
ftr-322	664	12	of	of	ADP
ftr-322	664	13	various	various	ADJ
ftr-322	664	14	items	item	NOUN
ftr-322	664	15	of	of	ADP
ftr-322	664	16	igld	igld	ADJ
ftr-322	664	17	and	and	CCONJ
ftr-322	664	18	their	their	PRON
ftr-322	664	19	type	type	NOUN
ftr-322	664	20	.	.	PUNCT
ftr-322	665	1	if	if	SCONJ
ftr-322	665	2	that	that	PRON
ftr-322	665	3	were	be	AUX
ftr-322	665	4	not	not	PART
ftr-322	665	5	the	the	DET
ftr-322	665	6	case	case	NOUN
ftr-322	665	7	,	,	PUNCT
ftr-322	665	8	then	then	ADV
ftr-322	665	9	the	the	DET
ftr-322	665	10	substantiality	substantiality	NOUN
ftr-322	665	11	analysis	analysis	NOUN
ftr-322	665	12	should	should	AUX
ftr-322	665	13	have	have	AUX
ftr-322	665	14	been	be	AUX
ftr-322	665	15	based	base	VERB
ftr-322	665	16	upon	upon	SCONJ
ftr-322	665	17	a	a	DET
ftr-322	665	18	comparison	comparison	NOUN
ftr-322	665	19	with	with	ADP
ftr-322	665	20	the	the	DET
ftr-322	665	21	outcome	outcome	NOUN
ftr-322	665	22	used	use	VERB
ftr-322	665	23	in	in	ADP
ftr-322	665	24	the	the	DET
ftr-322	665	25	pip	pip	PROPN
ftr-322	665	26	determination	determination	NOUN
ftr-322	665	27	,	,	PUNCT
ftr-322	665	28	since	since	ADV
ftr-322	665	29	,	,	PUNCT
ftr-322	665	30	by	by	ADP
ftr-322	665	31	hypothesis	hypothesis	NOUN
ftr-322	665	32	,	,	PUNCT
ftr-322	665	33	that	that	PRON
ftr-322	665	34	is	be	AUX
ftr-322	665	35	used	use	VERB
ftr-322	665	36	as	as	ADP
ftr-322	665	37	the	the	DET
ftr-322	665	38	tax	tax	NOUN
ftr-322	665	39	-	-	PUNCT
ftr-322	665	40	neutral	neutral	ADJ
ftr-322	665	41	baseline	baseline	NOUN
ftr-322	665	42	for	for	ADP
ftr-322	665	43	the	the	DET
ftr-322	665	44	purpose	purpose	NOUN
ftr-322	665	45	of	of	ADP
ftr-322	665	46	determining	determine	VERB
ftr-322	665	47	the	the	DET
ftr-322	665	48	tax	tax	NOUN
ftr-322	665	49	consequences	consequence	NOUN
ftr-322	665	50	when	when	SCONJ
ftr-322	665	51	the	the	DET
ftr-322	665	52	allocation	allocation	NOUN
ftr-322	665	53	fails	fail	VERB
ftr-322	665	54	substantiality	substantiality	NOUN
ftr-322	665	55	.	.	PUNCT
ftr-322	666	1	consequently	consequently	ADV
ftr-322	666	2	,	,	PUNCT
ftr-322	666	3	although	although	SCONJ
ftr-322	666	4	the	the	DET
ftr-322	666	5	regulations	regulation	NOUN
ftr-322	666	6	allocate	allocate	VERB
ftr-322	666	7	the	the	DET
ftr-322	666	8	types	type	NOUN
ftr-322	666	9	of	of	ADP
ftr-322	666	10	partnership	partnership	NOUN
ftr-322	666	11	income	income	NOUN
ftr-322	666	12	in	in	ADP
ftr-322	666	13	accordance	accordance	NOUN
ftr-322	666	14	with	with	ADP
ftr-322	666	15	each	each	DET
ftr-322	666	16	partner‘s	partner‘s	PROPN
ftr-322	666	17	putative	putative	ADJ
ftr-322	666	18	entitlement	entitlement	NOUN
ftr-322	666	19	to	to	ADP
ftr-322	666	20	overall	overall	ADJ
ftr-322	666	21	partnership	partnership	NOUN
ftr-322	666	22	income	income	NOUN
ftr-322	666	23	,	,	PUNCT
ftr-322	666	24	the	the	DET
ftr-322	666	25	entitlement	entitlement	NOUN
ftr-322	666	26	itself	itself	PRON
ftr-322	666	27	remains	remain	VERB
ftr-322	666	28	unexplained	unexplained	ADJ
ftr-322	666	29	.	.	PUNCT
ftr-322	667	1	the	the	DET
ftr-322	667	2	facts	fact	NOUN
ftr-322	667	3	of	of	ADP
ftr-322	667	4	example	example	NOUN
ftr-322	667	5	5	5	NUM
ftr-322	667	6	state	state	NOUN
ftr-322	667	7	that	that	SCONJ
ftr-322	667	8	the	the	DET
ftr-322	667	9	partners	partner	NOUN
ftr-322	667	10	formed	form	VERB
ftr-322	667	11	the	the	DET
ftr-322	667	12	partnership	partnership	NOUN
ftr-322	667	13	with	with	ADP
ftr-322	667	14	equal	equal	ADJ
ftr-322	667	15	capital	capital	NOUN
ftr-322	667	16	contributions	contribution	NOUN
ftr-322	667	17	and	and	CCONJ
ftr-322	667	18	that	that	SCONJ
ftr-322	667	19	the	the	DET
ftr-322	667	20	partnership	partnership	NOUN
ftr-322	667	21	has	have	VERB
ftr-322	667	22	no	no	DET
ftr-322	667	23	source	source	NOUN
ftr-322	667	24	of	of	ADP
ftr-322	667	25	income	income	NOUN
ftr-322	667	26	other	other	ADJ
ftr-322	667	27	than	than	ADP
ftr-322	667	28	from	from	ADP
ftr-322	667	29	distributions	distribution	NOUN
ftr-322	667	30	on	on	ADP
ftr-322	667	31	and	and	CCONJ
ftr-322	667	32	sales	sale	NOUN
ftr-322	667	33	and	and	CCONJ
ftr-322	667	34	exchanges	exchange	NOUN
ftr-322	667	35	of	of	ADP
ftr-322	667	36	securities	security	NOUN
ftr-322	667	37	.	.	PUNCT
ftr-322	668	1	84	84	NUM
ftr-322	668	2	on	on	ADP
ftr-322	668	3	that	that	DET
ftr-322	668	4	basis	basis	NOUN
ftr-322	668	5	,	,	PUNCT
ftr-322	668	6	each	each	DET
ftr-322	668	7	partner	partner	NOUN
ftr-322	668	8	would	would	AUX
ftr-322	668	9	seem	seem	VERB
ftr-322	668	10	to	to	PART
ftr-322	668	11	own	own	VERB
ftr-322	668	12	50	50	NUM
ftr-322	668	13	percent	percent	NOUN
ftr-322	668	14	of	of	ADP
ftr-322	668	15	partnership	partnership	NOUN
ftr-322	668	16	capital	capital	NOUN
ftr-322	668	17	and	and	CCONJ
ftr-322	668	18	accordingly	accordingly	ADV
ftr-322	668	19	ought	ought	AUX
ftr-322	668	20	to	to	PART
ftr-322	668	21	be	be	AUX
ftr-322	668	22	entitled	entitle	VERB
ftr-322	668	23	to	to	ADP
ftr-322	668	24	one	one	NUM
ftr-322	668	25	-	-	PUNCT
ftr-322	668	26	half	half	NOUN
ftr-322	668	27	of	of	ADP
ftr-322	668	28	the	the	DET
ftr-322	668	29	partnership‘s	partnership‘s	PROPN
ftr-322	668	30	income	income	NOUN
ftr-322	668	31	,	,	PUNCT
ftr-322	668	32	at	at	ADP
ftr-322	668	33	least	least	ADJ
ftr-322	668	34	on	on	ADP
ftr-322	668	35	an	an	DET
ftr-322	668	36	ex	ex	NOUN
ftr-322	668	37	ante	ante	NOUN
ftr-322	668	38	basis	basis	NOUN
ftr-322	668	39	.	.	PUNCT
ftr-322	669	1	while	while	SCONJ
ftr-322	669	2	the	the	DET
ftr-322	669	3	equal	equal	ADJ
ftr-322	669	4	ownership	ownership	NOUN
ftr-322	669	5	ratio	ratio	NOUN
ftr-322	669	6	does	do	AUX
ftr-322	669	7	not	not	PART
ftr-322	669	8	imply	imply	VERB
ftr-322	669	9	that	that	SCONJ
ftr-322	669	10	the	the	DET
ftr-322	669	11	partners	partner	NOUN
ftr-322	669	12	would	would	AUX
ftr-322	669	13	bargain	bargain	VERB
ftr-322	669	14	only	only	ADV
ftr-322	669	15	for	for	ADP
ftr-322	669	16	equal	equal	ADJ
ftr-322	669	17	ratios	ratio	NOUN
ftr-322	669	18	of	of	ADP
ftr-322	669	19	each	each	DET
ftr-322	669	20	item	item	NOUN
ftr-322	669	21	of	of	ADP
ftr-322	669	22	partnership	partnership	NOUN
ftr-322	669	23	igld	igld	ADJ
ftr-322	669	24	if	if	SCONJ
ftr-322	669	25	tax	tax	NOUN
ftr-322	669	26	considerations	consideration	NOUN
ftr-322	669	27	were	be	AUX
ftr-322	669	28	not	not	PART
ftr-322	669	29	in	in	ADP
ftr-322	669	30	play	play	NOUN
ftr-322	669	31	,	,	PUNCT
ftr-322	669	32	for	for	ADP
ftr-322	669	33	partners	partner	NOUN
ftr-322	669	34	dealing	deal	VERB
ftr-322	669	35	with	with	ADP
ftr-322	669	36	each	each	DET
ftr-322	669	37	other	other	ADJ
ftr-322	669	38	at	at	ADP
ftr-322	669	39	arm‘s	arm‘s	PROPN
ftr-322	669	40	length	length	NOUN
ftr-322	669	41	,	,	PUNCT
ftr-322	669	42	one	one	PRON
ftr-322	669	43	would	would	AUX
ftr-322	669	44	suppose	suppose	VERB
ftr-322	669	45	that	that	SCONJ
ftr-322	669	46	a	a	DET
ftr-322	669	47	departure	departure	NOUN
ftr-322	669	48	from	from	ADP
ftr-322	669	49	strict	strict	ADJ
ftr-322	669	50	ratability	ratability	NOUN
ftr-322	669	51	for	for	ADP
ftr-322	669	52	various	various	ADJ
ftr-322	669	53	types	type	NOUN
ftr-322	669	54	of	of	ADP
ftr-322	669	55	igld	igld	PROPN
ftr-322	669	56	would	would	AUX
ftr-322	669	57	reflect	reflect	VERB
ftr-322	669	58	an	an	DET
ftr-322	669	59	exchange	exchange	NOUN
ftr-322	669	60	of	of	ADP
ftr-322	669	61	roughly	roughly	ADV
ftr-322	669	62	equal	equal	ADJ
ftr-322	669	63	expected	expect	VERB
ftr-322	669	64	values	value	NOUN
ftr-322	669	65	.	.	PUNCT
ftr-322	670	1	treasury‘s	treasury‘s	ADJ
ftr-322	670	2	pip	pip	ADJ
ftr-322	670	3	analysis	analysis	NOUN
ftr-322	670	4	does	do	AUX
ftr-322	670	5	not	not	PART
ftr-322	670	6	proceed	proceed	VERB
ftr-322	670	7	on	on	ADP
ftr-322	670	8	this	this	DET
ftr-322	670	9	basis	basis	NOUN
ftr-322	670	10	.	.	PUNCT
ftr-322	671	1	once	once	SCONJ
ftr-322	671	2	one	one	PRON
ftr-322	671	3	takes	take	VERB
ftr-322	671	4	tax	tax	NOUN
ftr-322	671	5	benefits	benefit	NOUN
ftr-322	671	6	out	out	ADP
ftr-322	671	7	of	of	ADP
ftr-322	671	8	the	the	DET
ftr-322	671	9	picture	picture	NOUN
ftr-322	671	10	,	,	PUNCT
ftr-322	671	11	as	as	SCONJ
ftr-322	671	12	the	the	DET
ftr-322	671	13	regulations	regulation	NOUN
ftr-322	671	14	‘	'	PUNCT
ftr-322	671	15	pip	pip	NOUN
ftr-322	671	16	analysis	analysis	NOUN
ftr-322	671	17	does	do	VERB
ftr-322	671	18	,	,	PUNCT
ftr-322	671	19	the	the	DET
ftr-322	671	20	high	high	ADJ
ftr-322	671	21	-	-	PUNCT
ftr-322	671	22	tax	tax	NOUN
ftr-322	671	23	partner	partner	NOUN
ftr-322	671	24	is	be	AUX
ftr-322	671	25	treated	treat	VERB
ftr-322	671	26	as	as	ADP
ftr-322	671	27	exchanging	exchange	VERB
ftr-322	671	28	a	a	DET
ftr-322	671	29	right	right	NOUN
ftr-322	671	30	to	to	ADP
ftr-322	671	31	one	one	NUM
ftr-322	671	32	-	-	PUNCT
ftr-322	671	33	half	half	NOUN
ftr-322	671	34	of	of	ADP
ftr-322	671	35	partnership	partnership	NOUN
ftr-322	671	36	investment	investment	NOUN
ftr-322	671	37	income	income	NOUN
ftr-322	671	38	for	for	ADP
ftr-322	671	39	a	a	DET
ftr-322	671	40	right	right	NOUN
ftr-322	671	41	to	to	PART
ftr-322	671	42	40	40	NUM
ftr-322	671	43	percent	percent	NOUN
ftr-322	671	44	of	of	ADP
ftr-322	671	45	that	that	DET
ftr-322	671	46	income	income	NOUN
ftr-322	671	47	(	(	PUNCT
ftr-322	671	48	on	on	ADP
ftr-322	671	49	an	an	DET
ftr-322	671	50	expected	expect	VERB
ftr-322	671	51	value	value	NOUN
ftr-322	671	52	basis	basis	NOUN
ftr-322	671	53	)	)	PUNCT
ftr-322	671	54	.	.	PUNCT
ftr-322	672	1	that	that	DET
ftr-322	672	2	choice	choice	NOUN
ftr-322	672	3	is	be	AUX
ftr-322	672	4	unmotivated	unmotivated	ADJ
ftr-322	672	5	.	.	PUNCT
ftr-322	673	1	if	if	SCONJ
ftr-322	673	2	the	the	DET
ftr-322	673	3	underlying	underlying	ADJ
ftr-322	673	4	rationale	rationale	NOUN
ftr-322	673	5	of	of	ADP
ftr-322	673	6	the	the	DET
ftr-322	673	7	see	see	NOUN
ftr-322	673	8	/	/	SYM
ftr-322	673	9	pip	pip	NOUN
ftr-322	673	10	analysis	analysis	NOUN
ftr-322	673	11	is	be	AUX
ftr-322	673	12	that	that	SCONJ
ftr-322	673	13	partnership	partnership	NOUN
ftr-322	673	14	allocations	allocation	NOUN
ftr-322	673	15	that	that	PRON
ftr-322	673	16	fail	fail	VERB
ftr-322	673	17	to	to	PART
ftr-322	673	18	track	track	VERB
ftr-322	673	19	pre	pre	ADJ
ftr-322	673	20	-	-	ADJ
ftr-322	673	21	tax	tax	ADJ
ftr-322	673	22	economics	economic	NOUN
ftr-322	673	23	with	with	ADP
ftr-322	673	24	sufficient	sufficient	ADJ
ftr-322	673	25	fidelity	fidelity	NOUN
ftr-322	673	26	will	will	AUX
ftr-322	673	27	be	be	AUX
ftr-322	673	28	readjusted	readjust	VERB
ftr-322	673	29	to	to	PART
ftr-322	673	30	be	be	AUX
ftr-322	673	31	in	in	ADP
ftr-322	673	32	accordance	accordance	NOUN
ftr-322	673	33	with	with	ADP
ftr-322	673	34	pip	pip	NOUN
ftr-322	673	35	,	,	PUNCT
ftr-322	673	36	the	the	DET
ftr-322	673	37	pip	pip	NOUN
ftr-322	673	38	inquiry	inquiry	NOUN
ftr-322	673	39	ought	ought	AUX
ftr-322	673	40	to	to	PART
ftr-322	673	41	focus	focus	VERB
ftr-322	673	42	on	on	ADP
ftr-322	673	43	pre	pre	ADJ
ftr-322	673	44	-	-	ADJ
ftr-322	673	45	tax	tax	ADJ
ftr-322	673	46	economics	economic	NOUN
ftr-322	673	47	,	,	PUNCT
ftr-322	673	48	not	not	PART
ftr-322	673	49	the	the	DET
ftr-322	673	50	economics	economic	NOUN
ftr-322	673	51	of	of	ADP
ftr-322	673	52	an	an	DET
ftr-322	673	53	allocation	allocation	NOUN
ftr-322	673	54	that	that	PRON
ftr-322	673	55	,	,	PUNCT
ftr-322	673	56	on	on	ADP
ftr-322	673	57	a	a	DET
ftr-322	673	58	pre	pre	ADJ
ftr-322	673	59	-	-	ADJ
ftr-322	673	60	tax	tax	ADJ
ftr-322	673	61	basis	basis	NOUN
ftr-322	673	62	,	,	PUNCT
ftr-322	673	63	does	do	AUX
ftr-322	673	64	not	not	PART
ftr-322	673	65	conform	conform	VERB
ftr-322	673	66	to	to	ADP
ftr-322	673	67	the	the	DET
ftr-322	673	68	partners	partner	NOUN
ftr-322	673	69	‘	'	PUNCT
ftr-322	673	70	actual	actual	ADJ
ftr-322	673	71	interests	interest	NOUN
ftr-322	673	72	in	in	ADP
ftr-322	673	73	partnership	partnership	NOUN
ftr-322	673	74	capital	capital	NOUN
ftr-322	673	75	.	.	PUNCT
ftr-322	674	1	instead	instead	ADV
ftr-322	674	2	,	,	PUNCT
ftr-322	674	3	treasury‘s	treasury‘s	ADJ
ftr-322	674	4	pip	pip	NOUN
ftr-322	674	5	analysis	analysis	NOUN
ftr-322	674	6	functions	function	NOUN
ftr-322	674	7	as	as	ADP
ftr-322	674	8	a	a	DET
ftr-322	674	9	kind	kind	NOUN
ftr-322	674	10	of	of	ADP
ftr-322	674	11	punishment	punishment	NOUN
ftr-322	674	12	designed	design	VERB
ftr-322	674	13	to	to	PART
ftr-322	674	14	ensure	ensure	VERB
ftr-322	674	15	that	that	SCONJ
ftr-322	674	16	partners	partner	NOUN
ftr-322	674	17	84	84	NUM
ftr-322	674	18	.	.	PUNCT
ftr-322	675	1	reg	reg	NOUN
ftr-322	675	2	.	.	PUNCT
ftr-322	676	1	§	§	PROPN
ftr-322	676	2	1.704	1.704	NUM
ftr-322	676	3	-	-	NUM
ftr-322	676	4	1(b)(5	1(b)(5	NUM
ftr-322	676	5	)	)	PUNCT
ftr-322	676	6	ex	ex	NOUN
ftr-322	676	7	.	.	NOUN
ftr-322	676	8	5(i	5(i	NUM
ftr-322	676	9	)	)	PUNCT
ftr-322	676	10	.	.	PUNCT
ftr-322	677	1	380	380	NUM
ftr-322	677	2	florida	florida	PROPN
ftr-322	677	3	tax	tax	NOUN
ftr-322	677	4	review	review	NOUN
ftr-322	677	5	[	[	X
ftr-322	677	6	vol	vol	NOUN
ftr-322	677	7	.	.	PUNCT
ftr-322	678	1	13:7	13:7	NUM
ftr-322	678	2	adopt	adopt	VERB
ftr-322	678	3	allocations	allocation	NOUN
ftr-322	678	4	that	that	PRON
ftr-322	678	5	satisfy	satisfy	VERB
ftr-322	678	6	the	the	DET
ftr-322	678	7	see	see	ADJ
ftr-322	678	8	test	test	NOUN
ftr-322	678	9	.	.	PUNCT
ftr-322	679	1	but	but	CCONJ
ftr-322	679	2	,	,	PUNCT
ftr-322	679	3	as	as	SCONJ
ftr-322	679	4	others	other	NOUN
ftr-322	679	5	have	have	AUX
ftr-322	679	6	noted	note	VERB
ftr-322	679	7	,	,	PUNCT
ftr-322	679	8	85	85	NUM
ftr-322	679	9	that	that	PRON
ftr-322	679	10	test	test	NOUN
ftr-322	679	11	is	be	AUX
ftr-322	679	12	inherently	inherently	ADV
ftr-322	679	13	ambiguous	ambiguous	ADJ
ftr-322	679	14	.	.	PUNCT
ftr-322	680	1	consequently	consequently	ADV
ftr-322	680	2	,	,	PUNCT
ftr-322	680	3	under	under	ADP
ftr-322	680	4	treasury‘s	treasury‘s	NOUN
ftr-322	680	5	approach	approach	NOUN
ftr-322	680	6	,	,	PUNCT
ftr-322	680	7	allocations	allocation	NOUN
ftr-322	680	8	that	that	PRON
ftr-322	680	9	lack	lack	NOUN
ftr-322	680	10	see	see	VERB
ftr-322	680	11	are	be	AUX
ftr-322	680	12	apt	apt	ADJ
ftr-322	680	13	to	to	PART
ftr-322	680	14	be	be	AUX
ftr-322	680	15	reallocated	reallocate	VERB
ftr-322	680	16	in	in	ADP
ftr-322	680	17	a	a	DET
ftr-322	680	18	manner	manner	NOUN
ftr-322	680	19	that	that	PRON
ftr-322	680	20	does	do	AUX
ftr-322	680	21	not	not	PART
ftr-322	680	22	conform	conform	VERB
ftr-322	680	23	to	to	ADP
ftr-322	680	24	pip	pip	NOUN
ftr-322	680	25	—	—	PUNCT
ftr-322	680	26	arguably	arguably	ADV
ftr-322	680	27	in	in	ADP
ftr-322	680	28	conflict	conflict	NOUN
ftr-322	680	29	with	with	ADP
ftr-322	680	30	the	the	DET
ftr-322	680	31	statute	statute	NOUN
ftr-322	680	32	.	.	PUNCT
ftr-322	681	1	at	at	ADV
ftr-322	681	2	least	least	ADV
ftr-322	681	3	one	one	NUM
ftr-322	681	4	commentator	commentator	NOUN
ftr-322	681	5	has	have	AUX
ftr-322	681	6	suggested	suggest	VERB
ftr-322	681	7	that	that	SCONJ
ftr-322	681	8	a	a	DET
ftr-322	681	9	reason	reason	NOUN
ftr-322	681	10	for	for	ADP
ftr-322	681	11	the	the	DET
ftr-322	681	12	regulations	regulation	NOUN
ftr-322	681	13	‘	'	PUNCT
ftr-322	681	14	approach	approach	NOUN
ftr-322	681	15	to	to	ADP
ftr-322	681	16	pip	pip	NOUN
ftr-322	681	17	may	may	AUX
ftr-322	681	18	be	be	AUX
ftr-322	681	19	that	that	SCONJ
ftr-322	681	20	a	a	DET
ftr-322	681	21	non	non	ADJ
ftr-322	681	22	-	-	ADJ
ftr-322	681	23	punitive	punitive	ADJ
ftr-322	681	24	pip	pip	NOUN
ftr-322	681	25	outcome	outcome	NOUN
ftr-322	681	26	—	—	PUNCT
ftr-322	681	27	that	that	ADV
ftr-322	681	28	is	is	ADV
ftr-322	681	29	,	,	PUNCT
ftr-322	681	30	one	one	NUM
ftr-322	681	31	that	that	PRON
ftr-322	681	32	simply	simply	ADV
ftr-322	681	33	disregarded	disregard	VERB
ftr-322	681	34	the	the	DET
ftr-322	681	35	special	special	ADJ
ftr-322	681	36	allocation	allocation	NOUN
ftr-322	681	37	for	for	ADP
ftr-322	681	38	all	all	DET
ftr-322	681	39	purposes	purpose	NOUN
ftr-322	681	40	—	—	PUNCT
ftr-322	681	41	would	would	AUX
ftr-322	681	42	substantially	substantially	ADV
ftr-322	681	43	vitiate	vitiate	VERB
ftr-322	681	44	the	the	DET
ftr-322	681	45	force	force	NOUN
ftr-322	681	46	of	of	ADP
ftr-322	681	47	the	the	DET
ftr-322	681	48	existing	exist	VERB
ftr-322	681	49	statutory	statutory	ADJ
ftr-322	681	50	scheme	scheme	NOUN
ftr-322	681	51	.	.	PUNCT
ftr-322	682	1	86	86	NUM
ftr-322	682	2	because	because	SCONJ
ftr-322	682	3	the	the	DET
ftr-322	682	4	statute	statute	NOUN
ftr-322	682	5	provides	provide	VERB
ftr-322	682	6	that	that	SCONJ
ftr-322	682	7	pip	pip	NOUN
ftr-322	682	8	is	be	AUX
ftr-322	682	9	the	the	DET
ftr-322	682	10	fallback	fallback	NOUN
ftr-322	682	11	for	for	ADP
ftr-322	682	12	an	an	DET
ftr-322	682	13	allocation	allocation	NOUN
ftr-322	682	14	that	that	PRON
ftr-322	682	15	lacks	lacks	AUX
ftr-322	682	16	see	see	VERB
ftr-322	682	17	,	,	PUNCT
ftr-322	682	18	a	a	DET
ftr-322	682	19	formula	formula	NOUN
ftr-322	682	20	for	for	ADP
ftr-322	682	21	pip	pip	NOUN
ftr-322	682	22	that	that	PRON
ftr-322	682	23	simply	simply	ADV
ftr-322	682	24	disregarded	disregard	VERB
ftr-322	682	25	a	a	DET
ftr-322	682	26	special	special	ADJ
ftr-322	682	27	allocation	allocation	NOUN
ftr-322	682	28	that	that	PRON
ftr-322	682	29	lacked	lack	VERB
ftr-322	682	30	substantiality	substantiality	NOUN
ftr-322	682	31	might	might	AUX
ftr-322	682	32	not	not	PART
ftr-322	682	33	dissuade	dissuade	VERB
ftr-322	682	34	the	the	DET
ftr-322	682	35	partners	partner	NOUN
ftr-322	682	36	from	from	ADP
ftr-322	682	37	special	special	ADJ
ftr-322	682	38	allocations	allocation	NOUN
ftr-322	682	39	that	that	PRON
ftr-322	682	40	had	have	VERB
ftr-322	682	41	little	little	ADJ
ftr-322	682	42	likelihood	likelihood	NOUN
ftr-322	682	43	of	of	ADP
ftr-322	682	44	success	success	NOUN
ftr-322	682	45	,	,	PUNCT
ftr-322	682	46	as	as	SCONJ
ftr-322	682	47	the	the	DET
ftr-322	682	48	penalty	penalty	NOUN
ftr-322	682	49	would	would	AUX
ftr-322	682	50	be	be	AUX
ftr-322	682	51	the	the	DET
ftr-322	682	52	arrangement	arrangement	NOUN
ftr-322	682	53	that	that	PRON
ftr-322	682	54	would	would	AUX
ftr-322	682	55	have	have	AUX
ftr-322	682	56	been	be	AUX
ftr-322	682	57	in	in	ADP
ftr-322	682	58	effect	effect	NOUN
ftr-322	682	59	if	if	SCONJ
ftr-322	682	60	no	no	DET
ftr-322	682	61	special	special	ADJ
ftr-322	682	62	allocation	allocation	NOUN
ftr-322	682	63	had	have	AUX
ftr-322	682	64	been	be	AUX
ftr-322	682	65	attempted	attempt	VERB
ftr-322	682	66	.	.	PUNCT
ftr-322	683	1	the	the	DET
ftr-322	683	2	effect	effect	NOUN
ftr-322	683	3	would	would	AUX
ftr-322	683	4	be	be	AUX
ftr-322	683	5	to	to	PART
ftr-322	683	6	provide	provide	VERB
ftr-322	683	7	taxpayers	taxpayer	NOUN
ftr-322	683	8	with	with	ADP
ftr-322	683	9	a	a	DET
ftr-322	683	10	free	free	ADJ
ftr-322	683	11	option	option	NOUN
ftr-322	683	12	,	,	PUNCT
ftr-322	683	13	or	or	CCONJ
ftr-322	683	14	two	two	NUM
ftr-322	683	15	bites	bite	NOUN
ftr-322	683	16	at	at	ADP
ftr-322	683	17	the	the	DET
ftr-322	683	18	apple	apple	NOUN
ftr-322	683	19	.	.	PUNCT
ftr-322	684	1	87	87	NUM
ftr-322	685	1	the	the	DET
ftr-322	685	2	point	point	NOUN
ftr-322	685	3	,	,	PUNCT
ftr-322	685	4	while	while	SCONJ
ftr-322	685	5	valid	valid	ADJ
ftr-322	685	6	,	,	PUNCT
ftr-322	685	7	should	should	AUX
ftr-322	685	8	not	not	PART
ftr-322	685	9	be	be	AUX
ftr-322	685	10	lent	lend	VERB
ftr-322	685	11	too	too	ADV
ftr-322	685	12	much	much	ADJ
ftr-322	685	13	weight	weight	NOUN
ftr-322	685	14	.	.	PUNCT
ftr-322	686	1	in	in	ADP
ftr-322	686	2	many	many	ADJ
ftr-322	686	3	cases	case	NOUN
ftr-322	686	4	an	an	DET
ftr-322	686	5	allocation	allocation	NOUN
ftr-322	686	6	that	that	PRON
ftr-322	686	7	lacks	lack	VERB
ftr-322	686	8	substantiality	substantiality	NOUN
ftr-322	686	9	would	would	AUX
ftr-322	686	10	have	have	AUX
ftr-322	686	11	had	have	VERB
ftr-322	686	12	substantiality	substantiality	NOUN
ftr-322	686	13	if	if	SCONJ
ftr-322	686	14	more	more	ADJ
ftr-322	686	15	after	after	ADP
ftr-322	686	16	-	-	PUNCT
ftr-322	686	17	tax	tax	NOUN
ftr-322	686	18	risk	risk	NOUN
ftr-322	686	19	had	have	AUX
ftr-322	686	20	been	be	AUX
ftr-322	686	21	built	build	VERB
ftr-322	686	22	in	in	ADP
ftr-322	686	23	,	,	PUNCT
ftr-322	686	24	and	and	CCONJ
ftr-322	686	25	overly	overly	ADV
ftr-322	686	26	aggressive	aggressive	ADJ
ftr-322	686	27	taxpayers	taxpayer	NOUN
ftr-322	686	28	will	will	AUX
ftr-322	686	29	have	have	AUX
ftr-322	686	30	forgone	forgo	VERB
ftr-322	686	31	the	the	DET
ftr-322	686	32	more	more	ADV
ftr-322	686	33	modest	modest	ADJ
ftr-322	686	34	benefits	benefit	NOUN
ftr-322	686	35	they	they	PRON
ftr-322	686	36	could	could	AUX
ftr-322	686	37	have	have	AUX
ftr-322	686	38	had	have	VERB
ftr-322	686	39	by	by	ADP
ftr-322	686	40	attempting	attempt	VERB
ftr-322	686	41	more	more	ADJ
ftr-322	686	42	reasonable	reasonable	ADJ
ftr-322	686	43	allocations	allocation	NOUN
ftr-322	686	44	.	.	PUNCT
ftr-322	687	1	further	far	ADV
ftr-322	687	2	,	,	PUNCT
ftr-322	687	3	a	a	DET
ftr-322	687	4	position	position	NOUN
ftr-322	687	5	that	that	PRON
ftr-322	687	6	is	be	AUX
ftr-322	687	7	too	too	ADV
ftr-322	687	8	aggressive	aggressive	ADJ
ftr-322	687	9	will	will	AUX
ftr-322	687	10	in	in	ADP
ftr-322	687	11	fact	fact	NOUN
ftr-322	687	12	be	be	AUX
ftr-322	687	13	subject	subject	ADJ
ftr-322	687	14	to	to	ADP
ftr-322	687	15	penalties	penalty	NOUN
ftr-322	687	16	.	.	PUNCT
ftr-322	688	1	88	88	NUM
ftr-322	688	2	and	and	CCONJ
ftr-322	688	3	,	,	PUNCT
ftr-322	688	4	finally	finally	ADV
ftr-322	688	5	,	,	PUNCT
ftr-322	688	6	it	it	PRON
ftr-322	688	7	is	be	AUX
ftr-322	688	8	not	not	PART
ftr-322	688	9	up	up	ADP
ftr-322	688	10	to	to	ADP
ftr-322	688	11	treasury	treasury	NOUN
ftr-322	688	12	to	to	PART
ftr-322	688	13	compensate	compensate	VERB
ftr-322	688	14	for	for	ADP
ftr-322	688	15	defects	defect	NOUN
ftr-322	688	16	in	in	ADP
ftr-322	688	17	the	the	DET
ftr-322	688	18	statutory	statutory	ADJ
ftr-322	688	19	scheme	scheme	NOUN
ftr-322	688	20	if	if	SCONJ
ftr-322	688	21	doing	do	VERB
ftr-322	688	22	so	so	ADV
ftr-322	688	23	violates	violate	VERB
ftr-322	688	24	the	the	DET
ftr-322	688	25	scheme	scheme	NOUN
ftr-322	688	26	.	.	PUNCT
ftr-322	689	1	treasury‘s	treasury‘s	ADJ
ftr-322	689	2	substantiality	substantiality	NOUN
ftr-322	689	3	/	/	SYM
ftr-322	689	4	pip	pip	NOUN
ftr-322	689	5	analysis	analysis	NOUN
ftr-322	689	6	may	may	AUX
ftr-322	689	7	be	be	AUX
ftr-322	689	8	usefully	usefully	ADV
ftr-322	689	9	compared	compare	VERB
ftr-322	689	10	with	with	ADP
ftr-322	689	11	the	the	DET
ftr-322	689	12	alternative	alternative	NOUN
ftr-322	689	13	of	of	ADP
ftr-322	689	14	simply	simply	ADV
ftr-322	689	15	disregarding	disregard	VERB
ftr-322	689	16	the	the	DET
ftr-322	689	17	assignment	assignment	NOUN
ftr-322	689	18	effects	effect	NOUN
ftr-322	689	19	of	of	ADP
ftr-322	689	20	the	the	DET
ftr-322	689	21	allocation	allocation	NOUN
ftr-322	689	22	,	,	PUNCT
ftr-322	689	23	which	which	PRON
ftr-322	689	24	is	be	AUX
ftr-322	689	25	to	to	PART
ftr-322	689	26	say	say	VERB
ftr-322	689	27	not	not	PART
ftr-322	689	28	disregarding	disregard	VERB
ftr-322	689	29	the	the	DET
ftr-322	689	30	assignment	assignment	NOUN
ftr-322	689	31	in	in	ADP
ftr-322	689	32	toto	toto	NOUN
ftr-322	689	33	,	,	PUNCT
ftr-322	689	34	as	as	SCONJ
ftr-322	689	35	the	the	DET
ftr-322	689	36	substantiality	substantiality	NOUN
ftr-322	689	37	analysis	analysis	NOUN
ftr-322	689	38	does	do	VERB
ftr-322	689	39	,	,	PUNCT
ftr-322	689	40	but	but	CCONJ
ftr-322	689	41	viewing	view	VERB
ftr-322	689	42	the	the	DET
ftr-322	689	43	ultimate	ultimate	ADJ
ftr-322	689	44	capital	capital	NOUN
ftr-322	689	45	account	account	NOUN
ftr-322	689	46	balances	balance	NOUN
ftr-322	689	47	as	as	ADP
ftr-322	689	48	the	the	DET
ftr-322	689	49	result	result	NOUN
ftr-322	689	50	of	of	ADP
ftr-322	689	51	supplementing	supplement	VERB
ftr-322	689	52	the	the	DET
ftr-322	689	53	aggregate	aggregate	ADJ
ftr-322	689	54	theory	theory	NOUN
ftr-322	689	55	of	of	ADP
ftr-322	689	56	partnership	partnership	NOUN
ftr-322	689	57	taxation	taxation	NOUN
ftr-322	689	58	with	with	ADP
ftr-322	689	59	transfers	transfer	NOUN
ftr-322	689	60	of	of	ADP
ftr-322	689	61	partnership	partnership	NOUN
ftr-322	689	62	interests	interest	NOUN
ftr-322	689	63	necessary	necessary	ADJ
ftr-322	689	64	to	to	PART
ftr-322	689	65	reach	reach	VERB
ftr-322	689	66	those	those	DET
ftr-322	689	67	balances	balance	NOUN
ftr-322	689	68	.	.	PUNCT
ftr-322	690	1	such	such	DET
ftr-322	690	2	an	an	DET
ftr-322	690	3	approach	approach	NOUN
ftr-322	690	4	is	be	AUX
ftr-322	690	5	much	much	ADV
ftr-322	690	6	more	more	ADV
ftr-322	690	7	consistent	consistent	ADJ
ftr-322	690	8	with	with	ADP
ftr-322	690	9	the	the	DET
ftr-322	690	10	theory	theory	NOUN
ftr-322	690	11	of	of	ADP
ftr-322	690	12	pip	pip	NOUN
ftr-322	690	13	as	as	SCONJ
ftr-322	690	14	set	set	VERB
ftr-322	690	15	out	out	ADP
ftr-322	690	16	in	in	ADP
ftr-322	690	17	the	the	DET
ftr-322	690	18	regulations	regulation	NOUN
ftr-322	690	19	since	since	SCONJ
ftr-322	690	20	the	the	DET
ftr-322	690	21	regulations	regulation	NOUN
ftr-322	690	22	take	take	VERB
ftr-322	690	23	the	the	DET
ftr-322	690	24	position	position	NOUN
ftr-322	690	25	that	that	SCONJ
ftr-322	690	26	the	the	DET
ftr-322	690	27	allocation	allocation	NOUN
ftr-322	690	28	is	be	AUX
ftr-322	690	29	valid	valid	ADJ
ftr-322	690	30	even	even	ADV
ftr-322	690	31	though	though	SCONJ
ftr-322	690	32	the	the	DET
ftr-322	690	33	means	mean	NOUN
ftr-322	690	34	to	to	PART
ftr-322	690	35	get	get	VERB
ftr-322	690	36	there	there	PRON
ftr-322	690	37	are	be	VERB
ftr-322	690	38	not	not	PART
ftr-322	690	39	(	(	PUNCT
ftr-322	690	40	since	since	SCONJ
ftr-322	690	41	the	the	DET
ftr-322	690	42	allocation	allocation	NOUN
ftr-322	690	43	lacks	lack	VERB
ftr-322	690	44	substantiality	substantiality	NOUN
ftr-322	690	45	)	)	PUNCT
ftr-322	690	46	.	.	PUNCT
ftr-322	691	1	accordingly	accordingly	ADV
ftr-322	691	2	,	,	PUNCT
ftr-322	691	3	the	the	DET
ftr-322	691	4	baseline	baseline	NOUN
ftr-322	691	5	is	be	AUX
ftr-322	691	6	the	the	DET
ftr-322	691	7	set	set	NOUN
ftr-322	691	8	of	of	ADP
ftr-322	691	9	transactions	transaction	NOUN
ftr-322	691	10	that	that	PRON
ftr-322	691	11	,	,	PUNCT
ftr-322	691	12	on	on	ADP
ftr-322	691	13	a	a	DET
ftr-322	691	14	pre	pre	ADJ
ftr-322	691	15	-	-	ADJ
ftr-322	691	16	tax	tax	ADJ
ftr-322	691	17	basis	basis	NOUN
ftr-322	691	18	,	,	PUNCT
ftr-322	691	19	get	get	VERB
ftr-322	691	20	to	to	ADP
ftr-322	691	21	the	the	DET
ftr-322	691	22	allocation	allocation	NOUN
ftr-322	691	23	,	,	PUNCT
ftr-322	691	24	which	which	PRON
ftr-322	691	25	is	be	AUX
ftr-322	691	26	to	to	PART
ftr-322	691	27	say	say	VERB
ftr-322	691	28	the	the	DET
ftr-322	691	29	aggregate	aggregate	ADJ
ftr-322	691	30	theory	theory	NOUN
ftr-322	691	31	supplemented	supplement	VERB
ftr-322	691	32	by	by	ADP
ftr-322	691	33	non	non	ADJ
ftr-322	691	34	-	-	ADJ
ftr-322	691	35	partnership	partnership	ADJ
ftr-322	691	36	-	-	PUNCT
ftr-322	691	37	level	level	NOUN
ftr-322	691	38	transactions	transaction	NOUN
ftr-322	691	39	.	.	PUNCT
ftr-322	692	1	the	the	DET
ftr-322	692	2	analysis	analysis	NOUN
ftr-322	692	3	is	be	AUX
ftr-322	692	4	straightforward	straightforward	ADJ
ftr-322	692	5	as	as	SCONJ
ftr-322	692	6	applied	apply	VERB
ftr-322	692	7	to	to	PART
ftr-322	692	8	example	example	NOUN
ftr-322	692	9	5	5	NUM
ftr-322	692	10	.	.	PUNCT
ftr-322	693	1	under	under	ADP
ftr-322	693	2	the	the	DET
ftr-322	693	3	same	same	ADJ
ftr-322	693	4	facts	fact	NOUN
ftr-322	693	5	as	as	ADP
ftr-322	693	6	in	in	ADP
ftr-322	693	7	example	example	NOUN
ftr-322	693	8	5	5	NUM
ftr-322	693	9	(	(	PUNCT
ftr-322	693	10	$	$	SYM
ftr-322	693	11	550	550	NUM
ftr-322	693	12	of	of	ADP
ftr-322	693	13	taxable	taxable	ADJ
ftr-322	693	14	income	income	NOUN
ftr-322	693	15	and	and	CCONJ
ftr-322	693	16	$	$	SYM
ftr-322	693	17	450	450	NUM
ftr-322	693	18	of	of	ADP
ftr-322	693	19	tax	tax	NOUN
ftr-322	693	20	-	-	PUNCT
ftr-322	693	21	exempt	exempt	ADJ
ftr-322	693	22	income	income	NOUN
ftr-322	693	23	,	,	PUNCT
ftr-322	693	24	no	no	DET
ftr-322	693	25	other	other	ADJ
ftr-322	693	26	net	net	ADJ
ftr-322	693	27	income	income	NOUN
ftr-322	693	28	or	or	CCONJ
ftr-322	693	29	loss	loss	NOUN
ftr-322	693	30	to	to	ADP
ftr-322	693	31	the	the	DET
ftr-322	693	32	partnership	partnership	NOUN
ftr-322	693	33	)	)	PUNCT
ftr-322	693	34	,	,	PUNCT
ftr-322	693	35	each	each	DET
ftr-322	693	36	partner	partner	NOUN
ftr-322	693	37	is	be	AUX
ftr-322	693	38	treated	treat	VERB
ftr-322	693	39	as	as	ADP
ftr-322	693	40	receiving	receive	VERB
ftr-322	693	41	allocations	allocation	NOUN
ftr-322	693	42	from	from	ADP
ftr-322	693	43	the	the	DET
ftr-322	693	44	partnership	partnership	NOUN
ftr-322	693	45	of	of	ADP
ftr-322	693	46	$	$	SYM
ftr-322	693	47	275	275	NUM
ftr-322	693	48	of	of	ADP
ftr-322	693	49	taxable	taxable	ADJ
ftr-322	693	50	85	85	NUM
ftr-322	693	51	.	.	PUNCT
ftr-322	694	1	polsky	polsky	NOUN
ftr-322	694	2	,	,	PUNCT
ftr-322	694	3	tax	tax	NOUN
ftr-322	694	4	-	-	PUNCT
ftr-322	694	5	driven	drive	VERB
ftr-322	694	6	allocations	allocation	NOUN
ftr-322	694	7	,	,	PUNCT
ftr-322	694	8	supra	supra	PROPN
ftr-322	694	9	n.9	n.9	NUM
ftr-322	694	10	;	;	PUNCT
ftr-322	694	11	yin	yin	NOUN
ftr-322	694	12	,	,	PUNCT
ftr-322	694	13	future	future	ADJ
ftr-322	694	14	taxation	taxation	NOUN
ftr-322	694	15	,	,	PUNCT
ftr-322	694	16	supra	supra	PROPN
ftr-322	694	17	n.3	n.3	PROPN
ftr-322	694	18	.	.	PROPN
ftr-322	694	19	86	86	NUM
ftr-322	694	20	.	.	PUNCT
ftr-322	695	1	polsky	polsky	NOUN
ftr-322	695	2	,	,	PUNCT
ftr-322	695	3	tax	tax	NOUN
ftr-322	695	4	-	-	PUNCT
ftr-322	695	5	driven	drive	VERB
ftr-322	695	6	allocations	allocation	NOUN
ftr-322	695	7	,	,	PUNCT
ftr-322	695	8	supra	supra	NOUN
ftr-322	695	9	n.9	n.9	ADV
ftr-322	695	10	,	,	PUNCT
ftr-322	695	11	at	at	ADP
ftr-322	695	12	115–16	115–16	NUM
ftr-322	695	13	.	.	PUNCT
ftr-322	696	1	87	87	NUM
ftr-322	696	2	.	.	PUNCT
ftr-322	697	1	i	i	PRON
ftr-322	697	2	d.	d.	PROPN
ftr-322	697	3	88	88	NUM
ftr-322	697	4	.	.	PUNCT
ftr-322	697	5	i.r.c	i.r.c	NOUN
ftr-322	697	6	.	.	PUNCT
ftr-322	698	1	§	§	PROPN
ftr-322	698	2	6662	6662	NUM
ftr-322	698	3	.	.	PUNCT
ftr-322	699	1	2012	2012	NUM
ftr-322	699	2	]	]	PUNCT
ftr-322	699	3	special	special	ADJ
ftr-322	699	4	allocations	allocation	NOUN
ftr-322	699	5	revisited	revisit	VERB
ftr-322	699	6	381	381	NUM
ftr-322	699	7	income	income	NOUN
ftr-322	699	8	and	and	CCONJ
ftr-322	699	9	$	$	SYM
ftr-322	699	10	225	225	NUM
ftr-322	699	11	of	of	ADP
ftr-322	699	12	tax	tax	NOUN
ftr-322	699	13	-	-	PUNCT
ftr-322	699	14	exempt	exempt	ADJ
ftr-322	699	15	income	income	NOUN
ftr-322	699	16	.	.	PUNCT
ftr-322	700	1	since	since	SCONJ
ftr-322	700	2	the	the	DET
ftr-322	700	3	net	net	ADJ
ftr-322	700	4	effect	effect	NOUN
ftr-322	700	5	of	of	ADP
ftr-322	700	6	the	the	DET
ftr-322	700	7	special	special	ADJ
ftr-322	700	8	allocation	allocation	NOUN
ftr-322	700	9	is	be	AUX
ftr-322	700	10	the	the	DET
ftr-322	700	11	transfer	transfer	NOUN
ftr-322	700	12	of	of	ADP
ftr-322	700	13	$	$	SYM
ftr-322	700	14	140	140	NUM
ftr-322	700	15	in	in	ADP
ftr-322	700	16	value	value	NOUN
ftr-322	700	17	from	from	ADP
ftr-322	700	18	h	h	NOUN
ftr-322	700	19	to	to	ADP
ftr-322	700	20	l	l	NOUN
ftr-322	700	21	(	(	PUNCT
ftr-322	700	22	equal	equal	ADJ
ftr-322	700	23	to	to	ADP
ftr-322	700	24	$	$	SYM
ftr-322	700	25	275	275	NUM
ftr-322	700	26	,	,	PUNCT
ftr-322	700	27	or	or	CCONJ
ftr-322	700	28	onehalf	onehalf	NOUN
ftr-322	700	29	of	of	ADP
ftr-322	700	30	the	the	DET
ftr-322	700	31	taxable	taxable	ADJ
ftr-322	700	32	income	income	NOUN
ftr-322	700	33	,	,	PUNCT
ftr-322	700	34	less	less	ADJ
ftr-322	700	35	$	$	SYM
ftr-322	700	36	135	135	NUM
ftr-322	700	37	,	,	PUNCT
ftr-322	700	38	or	or	CCONJ
ftr-322	700	39	30	30	NUM
ftr-322	700	40	percent	percent	NOUN
ftr-322	700	41	of	of	ADP
ftr-322	700	42	the	the	DET
ftr-322	700	43	tax	tax	NOUN
ftr-322	700	44	-	-	PUNCT
ftr-322	700	45	exempt	exempt	ADJ
ftr-322	700	46	income	income	NOUN
ftr-322	700	47	)	)	PUNCT
ftr-322	700	48	,	,	PUNCT
ftr-322	700	49	h	h	NOUN
ftr-322	700	50	ends	end	VERB
ftr-322	700	51	up	up	ADP
ftr-322	700	52	with	with	ADP
ftr-322	700	53	a	a	DET
ftr-322	700	54	partnership	partnership	NOUN
ftr-322	700	55	interest	interest	NOUN
ftr-322	700	56	$	$	SYM
ftr-322	700	57	360	360	NUM
ftr-322	700	58	greater	great	ADJ
ftr-322	700	59	in	in	ADP
ftr-322	700	60	value	value	NOUN
ftr-322	700	61	than	than	ADP
ftr-322	700	62	at	at	ADP
ftr-322	700	63	the	the	DET
ftr-322	700	64	beginning	beginning	NOUN
ftr-322	700	65	of	of	ADP
ftr-322	700	66	year	year	NOUN
ftr-322	700	67	1	1	NUM
ftr-322	700	68	,	,	PUNCT
ftr-322	700	69	and	and	CCONJ
ftr-322	700	70	l	l	NOUN
ftr-322	700	71	with	with	ADP
ftr-322	700	72	a	a	DET
ftr-322	700	73	partnership	partnership	NOUN
ftr-322	700	74	interest	interest	NOUN
ftr-322	700	75	$	$	SYM
ftr-322	700	76	640	640	NUM
ftr-322	700	77	greater	great	ADJ
ftr-322	700	78	in	in	ADP
ftr-322	700	79	value	value	NOUN
ftr-322	700	80	.	.	PUNCT
ftr-322	701	1	89	89	NUM
ftr-322	702	1	after	after	ADP
ftr-322	702	2	these	these	DET
ftr-322	702	3	transactions	transaction	NOUN
ftr-322	702	4	,	,	PUNCT
ftr-322	702	5	the	the	DET
ftr-322	702	6	high	high	ADJ
ftr-322	702	7	-	-	PUNCT
ftr-322	702	8	tax	tax	NOUN
ftr-322	702	9	partner‘s	partner‘s	ADJ
ftr-322	702	10	taxable	taxable	ADJ
ftr-322	702	11	income	income	NOUN
ftr-322	702	12	is	be	AUX
ftr-322	702	13	$	$	SYM
ftr-322	702	14	135	135	NUM
ftr-322	702	15	(	(	PUNCT
ftr-322	702	16	equal	equal	ADJ
ftr-322	702	17	to	to	ADP
ftr-322	702	18	the	the	DET
ftr-322	702	19	$	$	SYM
ftr-322	702	20	275	275	NUM
ftr-322	702	21	inclusion	inclusion	NOUN
ftr-322	702	22	of	of	ADP
ftr-322	702	23	partnership	partnership	NOUN
ftr-322	702	24	taxable	taxable	ADJ
ftr-322	702	25	income	income	NOUN
ftr-322	702	26	less	less	ADJ
ftr-322	702	27	the	the	DET
ftr-322	702	28	net	net	ADJ
ftr-322	702	29	$	$	SYM
ftr-322	702	30	140	140	NUM
ftr-322	702	31	payment	payment	NOUN
ftr-322	702	32	to	to	ADP
ftr-322	702	33	the	the	DET
ftr-322	702	34	low	low	ADJ
ftr-322	702	35	-	-	PUNCT
ftr-322	702	36	tax	tax	NOUN
ftr-322	702	37	partner	partner	NOUN
ftr-322	702	38	)	)	PUNCT
ftr-322	702	39	,	,	PUNCT
ftr-322	702	40	and	and	CCONJ
ftr-322	702	41	the	the	DET
ftr-322	702	42	high	high	ADJ
ftr-322	702	43	-	-	PUNCT
ftr-322	702	44	tax	tax	NOUN
ftr-322	702	45	partner‘s	partner‘s	NOUN
ftr-322	702	46	tax	tax	NOUN
ftr-322	702	47	liability	liability	NOUN
ftr-322	702	48	is	be	AUX
ftr-322	702	49	$	$	SYM
ftr-322	702	50	68	68	NUM
ftr-322	702	51	on	on	ADP
ftr-322	702	52	$	$	SYM
ftr-322	702	53	360	360	NUM
ftr-322	702	54	of	of	ADP
ftr-322	702	55	total	total	ADJ
ftr-322	702	56	(	(	PUNCT
ftr-322	702	57	taxable	taxable	ADJ
ftr-322	702	58	plus	plus	CCONJ
ftr-322	702	59	tax	tax	NOUN
ftr-322	702	60	-	-	PUNCT
ftr-322	702	61	exempt	exempt	ADJ
ftr-322	702	62	)	)	PUNCT
ftr-322	702	63	income	income	NOUN
ftr-322	702	64	.	.	PUNCT
ftr-322	703	1	the	the	DET
ftr-322	703	2	low	low	ADJ
ftr-322	703	3	-	-	PUNCT
ftr-322	703	4	tax	tax	NOUN
ftr-322	703	5	partner‘s	partner‘s	ADJ
ftr-322	703	6	taxable	taxable	ADJ
ftr-322	703	7	income	income	NOUN
ftr-322	703	8	is	be	AUX
ftr-322	703	9	$	$	SYM
ftr-322	703	10	415	415	NUM
ftr-322	703	11	(	(	PUNCT
ftr-322	703	12	equal	equal	ADJ
ftr-322	703	13	to	to	ADP
ftr-322	703	14	the	the	DET
ftr-322	703	15	$	$	SYM
ftr-322	703	16	275	275	NUM
ftr-322	703	17	inclusion	inclusion	NOUN
ftr-322	703	18	of	of	ADP
ftr-322	703	19	partnership	partnership	NOUN
ftr-322	703	20	taxable	taxable	ADJ
ftr-322	703	21	income	income	NOUN
ftr-322	703	22	plus	plus	CCONJ
ftr-322	703	23	the	the	DET
ftr-322	703	24	$	$	SYM
ftr-322	703	25	140	140	NUM
ftr-322	703	26	net	net	ADJ
ftr-322	703	27	payment	payment	NOUN
ftr-322	703	28	from	from	ADP
ftr-322	703	29	the	the	DET
ftr-322	703	30	high	high	ADJ
ftr-322	703	31	-	-	PUNCT
ftr-322	703	32	tax	tax	NOUN
ftr-322	703	33	partner	partner	NOUN
ftr-322	703	34	)	)	PUNCT
ftr-322	703	35	,	,	PUNCT
ftr-322	703	36	and	and	CCONJ
ftr-322	703	37	the	the	DET
ftr-322	703	38	low	low	ADJ
ftr-322	703	39	-	-	PUNCT
ftr-322	703	40	tax	tax	NOUN
ftr-322	703	41	partner‘s	partner‘s	NOUN
ftr-322	703	42	tax	tax	NOUN
ftr-322	703	43	liability	liability	NOUN
ftr-322	703	44	is	be	AUX
ftr-322	703	45	$	$	SYM
ftr-322	703	46	62	62	NUM
ftr-322	703	47	on	on	ADP
ftr-322	703	48	$	$	SYM
ftr-322	703	49	640	640	NUM
ftr-322	703	50	of	of	ADP
ftr-322	703	51	total	total	NOUN
ftr-322	703	52	(	(	PUNCT
ftr-322	703	53	taxable	taxable	ADJ
ftr-322	703	54	plus	plus	CCONJ
ftr-322	703	55	taxexempt	taxexempt	ADJ
ftr-322	703	56	)	)	PUNCT
ftr-322	703	57	income	income	NOUN
ftr-322	703	58	.	.	PUNCT
ftr-322	704	1	the	the	DET
ftr-322	704	2	partners	partner	NOUN
ftr-322	704	3	‘	'	PUNCT
ftr-322	704	4	combined	combined	ADJ
ftr-322	704	5	tax	tax	NOUN
ftr-322	704	6	liability	liability	NOUN
ftr-322	704	7	is	be	AUX
ftr-322	704	8	$	$	SYM
ftr-322	704	9	130	130	NUM
ftr-322	704	10	on	on	ADP
ftr-322	704	11	$	$	SYM
ftr-322	704	12	550	550	NUM
ftr-322	704	13	of	of	ADP
ftr-322	704	14	taxable	taxable	ADJ
ftr-322	704	15	income	income	NOUN
ftr-322	704	16	and	and	CCONJ
ftr-322	704	17	$	$	SYM
ftr-322	704	18	1,000	1,000	NUM
ftr-322	704	19	of	of	ADP
ftr-322	704	20	total	total	ADJ
ftr-322	704	21	income	income	NOUN
ftr-322	704	22	,	,	PUNCT
ftr-322	704	23	or	or	CCONJ
ftr-322	704	24	23.6	23.6	NUM
ftr-322	704	25	percent	percent	NOUN
ftr-322	704	26	and	and	CCONJ
ftr-322	704	27	13	13	NUM
ftr-322	704	28	percent	percent	NOUN
ftr-322	704	29	respectively	respectively	ADV
ftr-322	704	30	.	.	PUNCT
ftr-322	705	1	by	by	ADP
ftr-322	705	2	contrast	contrast	NOUN
ftr-322	705	3	,	,	PUNCT
ftr-322	705	4	if	if	SCONJ
ftr-322	705	5	the	the	DET
ftr-322	705	6	special	special	ADJ
ftr-322	705	7	allocation	allocation	NOUN
ftr-322	705	8	had	have	AUX
ftr-322	705	9	been	be	AUX
ftr-322	705	10	respected	respect	VERB
ftr-322	705	11	,	,	PUNCT
ftr-322	705	12	the	the	DET
ftr-322	705	13	high	high	ADJ
ftr-322	705	14	-	-	PUNCT
ftr-322	705	15	tax	tax	NOUN
ftr-322	705	16	partner‘s	partner‘s	PROPN
ftr-322	705	17	return	return	NOUN
ftr-322	705	18	would	would	AUX
ftr-322	705	19	have	have	AUX
ftr-322	705	20	been	be	AUX
ftr-322	705	21	$	$	SYM
ftr-322	705	22	360	360	NUM
ftr-322	705	23	of	of	ADP
ftr-322	705	24	tax	tax	NOUN
ftr-322	705	25	-	-	PUNCT
ftr-322	705	26	exempt	exempt	ADJ
ftr-322	705	27	income	income	NOUN
ftr-322	705	28	,	,	PUNCT
ftr-322	705	29	and	and	CCONJ
ftr-322	705	30	the	the	DET
ftr-322	705	31	low	low	ADJ
ftr-322	705	32	tax	tax	NOUN
ftr-322	705	33	-	-	PUNCT
ftr-322	705	34	partner‘s	partner‘s	NOUN
ftr-322	705	35	would	would	AUX
ftr-322	705	36	have	have	AUX
ftr-322	705	37	been	be	AUX
ftr-322	705	38	$	$	SYM
ftr-322	705	39	550	550	NUM
ftr-322	705	40	of	of	ADP
ftr-322	705	41	taxable	taxable	ADJ
ftr-322	705	42	income	income	NOUN
ftr-322	705	43	and	and	CCONJ
ftr-322	705	44	$	$	SYM
ftr-322	705	45	90	90	NUM
ftr-322	705	46	of	of	ADP
ftr-322	705	47	tax	tax	NOUN
ftr-322	705	48	-	-	PUNCT
ftr-322	705	49	exempt	exempt	ADJ
ftr-322	705	50	income	income	NOUN
ftr-322	705	51	,	,	PUNCT
ftr-322	705	52	resulting	result	VERB
ftr-322	705	53	in	in	ADP
ftr-322	705	54	total	total	ADJ
ftr-322	705	55	combined	combine	VERB
ftr-322	705	56	tax	tax	NOUN
ftr-322	705	57	paid	pay	VERB
ftr-322	705	58	of	of	ADP
ftr-322	705	59	$	$	SYM
ftr-322	705	60	82.50	82.50	NUM
ftr-322	705	61	on	on	ADP
ftr-322	705	62	$	$	SYM
ftr-322	705	63	550	550	NUM
ftr-322	705	64	of	of	ADP
ftr-322	705	65	combined	combine	VERB
ftr-322	705	66	taxable	taxable	ADJ
ftr-322	705	67	income	income	NOUN
ftr-322	705	68	,	,	PUNCT
ftr-322	705	69	or	or	CCONJ
ftr-322	705	70	15	15	NUM
ftr-322	705	71	percent	percent	NOUN
ftr-322	705	72	on	on	ADP
ftr-322	705	73	the	the	DET
ftr-322	705	74	combined	combine	VERB
ftr-322	705	75	taxable	taxable	ADJ
ftr-322	705	76	income	income	NOUN
ftr-322	705	77	and	and	CCONJ
ftr-322	705	78	8.3	8.3	NUM
ftr-322	705	79	percent	percent	NOUN
ftr-322	705	80	on	on	ADP
ftr-322	705	81	combined	combined	ADJ
ftr-322	705	82	total	total	ADJ
ftr-322	705	83	income	income	NOUN
ftr-322	705	84	.	.	PUNCT
ftr-322	706	1	it	it	PRON
ftr-322	706	2	is	be	AUX
ftr-322	706	3	important	important	ADJ
ftr-322	706	4	to	to	PART
ftr-322	706	5	note	note	VERB
ftr-322	706	6	that	that	SCONJ
ftr-322	706	7	,	,	PUNCT
ftr-322	706	8	as	as	SCONJ
ftr-322	706	9	contrasted	contrast	VERB
ftr-322	706	10	with	with	ADP
ftr-322	706	11	the	the	DET
ftr-322	706	12	depreciation	depreciation	NOUN
ftr-322	706	13	/	/	SYM
ftr-322	706	14	gain	gain	NOUN
ftr-322	706	15	chargeback	chargeback	ADJ
ftr-322	706	16	example	example	NOUN
ftr-322	706	17	,	,	PUNCT
ftr-322	706	18	in	in	ADP
ftr-322	706	19	more	more	ADV
ftr-322	706	20	complicated	complicated	ADJ
ftr-322	706	21	settings	setting	NOUN
ftr-322	706	22	,	,	PUNCT
ftr-322	706	23	the	the	DET
ftr-322	706	24	preceding	precede	VERB
ftr-322	706	25	analysis	analysis	NOUN
ftr-322	706	26	would	would	AUX
ftr-322	706	27	need	need	VERB
ftr-322	706	28	some	some	DET
ftr-322	706	29	refinement	refinement	NOUN
ftr-322	706	30	.	.	PUNCT
ftr-322	707	1	the	the	DET
ftr-322	707	2	exchange	exchange	NOUN
ftr-322	707	3	here	here	ADV
ftr-322	707	4	can	can	AUX
ftr-322	707	5	not	not	PART
ftr-322	707	6	be	be	AUX
ftr-322	707	7	viewed	view	VERB
ftr-322	707	8	simply	simply	ADV
ftr-322	707	9	as	as	ADP
ftr-322	707	10	the	the	DET
ftr-322	707	11	transfer	transfer	NOUN
ftr-322	707	12	of	of	ADP
ftr-322	707	13	a	a	DET
ftr-322	707	14	$	$	SYM
ftr-322	707	15	140	140	NUM
ftr-322	707	16	partnership	partnership	NOUN
ftr-322	707	17	interest	interest	NOUN
ftr-322	707	18	from	from	ADP
ftr-322	707	19	h	h	NOUN
ftr-322	707	20	to	to	ADP
ftr-322	707	21	l.	l.	NOUN
ftr-322	707	22	from	from	ADP
ftr-322	707	23	the	the	DET
ftr-322	707	24	50	50	NUM
ftr-322	707	25	-	-	SYM
ftr-322	707	26	50	50	NUM
ftr-322	707	27	baseline	baseline	NOUN
ftr-322	707	28	,	,	PUNCT
ftr-322	707	29	h	h	NOUN
ftr-322	707	30	gives	give	VERB
ftr-322	707	31	up	up	ADP
ftr-322	707	32	$	$	SYM
ftr-322	707	33	275	275	NUM
ftr-322	707	34	,	,	PUNCT
ftr-322	707	35	equal	equal	ADJ
ftr-322	707	36	to	to	ADP
ftr-322	707	37	the	the	DET
ftr-322	707	38	amount	amount	NOUN
ftr-322	707	39	of	of	ADP
ftr-322	707	40	taxable	taxable	ADJ
ftr-322	707	41	income	income	NOUN
ftr-322	707	42	owned	own	VERB
ftr-322	707	43	by	by	ADP
ftr-322	707	44	h	h	NOUN
ftr-322	707	45	on	on	ADP
ftr-322	707	46	a	a	DET
ftr-322	707	47	ratable	ratable	ADJ
ftr-322	707	48	basis	basis	NOUN
ftr-322	707	49	,	,	PUNCT
ftr-322	707	50	and	and	CCONJ
ftr-322	707	51	receives	receive	VERB
ftr-322	707	52	$	$	SYM
ftr-322	707	53	135	135	NUM
ftr-322	707	54	,	,	PUNCT
ftr-322	707	55	equal	equal	ADJ
ftr-322	707	56	to	to	ADP
ftr-322	707	57	sixty	sixty	NUM
ftr-322	707	58	percent	percent	NOUN
ftr-322	707	59	of	of	ADP
ftr-322	707	60	l‘s	l‘s	PROPN
ftr-322	707	61	ratable	ratable	ADJ
ftr-322	707	62	share	share	NOUN
ftr-322	707	63	of	of	ADP
ftr-322	707	64	tax	tax	NOUN
ftr-322	707	65	-	-	PUNCT
ftr-322	707	66	exempt	exempt	ADJ
ftr-322	707	67	income	income	NOUN
ftr-322	707	68	.	.	PUNCT
ftr-322	708	1	these	these	DET
ftr-322	708	2	two	two	NUM
ftr-322	708	3	transfers	transfer	NOUN
ftr-322	708	4	are	be	AUX
ftr-322	708	5	equivalent	equivalent	ADJ
ftr-322	708	6	to	to	ADP
ftr-322	708	7	a	a	DET
ftr-322	708	8	single	single	ADJ
ftr-322	708	9	net	net	ADJ
ftr-322	708	10	transfer	transfer	NOUN
ftr-322	708	11	of	of	ADP
ftr-322	708	12	a	a	DET
ftr-322	708	13	$	$	SYM
ftr-322	708	14	140	140	NUM
ftr-322	708	15	partnership	partnership	NOUN
ftr-322	708	16	interest	interest	NOUN
ftr-322	708	17	only	only	ADV
ftr-322	708	18	if	if	SCONJ
ftr-322	708	19	there	there	PRON
ftr-322	708	20	is	be	VERB
ftr-322	708	21	no	no	DET
ftr-322	708	22	unrealized	unrealized	ADJ
ftr-322	708	23	gain	gain	NOUN
ftr-322	708	24	or	or	CCONJ
ftr-322	708	25	loss	loss	NOUN
ftr-322	708	26	in	in	ADP
ftr-322	708	27	both	both	DET
ftr-322	708	28	partners	partner	NOUN
ftr-322	708	29	‘	'	PUNCT
ftr-322	708	30	partnership	partnership	NOUN
ftr-322	708	31	interests	interest	NOUN
ftr-322	708	32	and	and	CCONJ
ftr-322	708	33	a	a	DET
ftr-322	708	34	section	section	NOUN
ftr-322	708	35	754	754	NUM
ftr-322	708	36	election	election	NOUN
ftr-322	708	37	is	be	AUX
ftr-322	708	38	not	not	PART
ftr-322	708	39	in	in	ADP
ftr-322	708	40	effect	effect	NOUN
ftr-322	708	41	.	.	PUNCT
ftr-322	709	1	if	if	SCONJ
ftr-322	709	2	the	the	DET
ftr-322	709	3	first	first	ADJ
ftr-322	709	4	of	of	ADP
ftr-322	709	5	these	these	DET
ftr-322	709	6	requirements	requirement	NOUN
ftr-322	709	7	is	be	AUX
ftr-322	709	8	not	not	PART
ftr-322	709	9	met	meet	VERB
ftr-322	709	10	,	,	PUNCT
ftr-322	709	11	then	then	ADV
ftr-322	709	12	each	each	DET
ftr-322	709	13	partner	partner	NOUN
ftr-322	709	14	must	must	AUX
ftr-322	709	15	reckon	reckon	VERB
ftr-322	709	16	the	the	DET
ftr-322	709	17	consequences	consequence	NOUN
ftr-322	709	18	of	of	ADP
ftr-322	709	19	the	the	DET
ftr-322	709	20	disposition	disposition	NOUN
ftr-322	709	21	of	of	ADP
ftr-322	709	22	a	a	DET
ftr-322	709	23	partnership	partnership	NOUN
ftr-322	709	24	interest	interest	NOUN
ftr-322	709	25	for	for	ADP
ftr-322	709	26	an	an	DET
ftr-322	709	27	amount	amount	NOUN
ftr-322	709	28	different	different	ADJ
ftr-322	709	29	from	from	ADP
ftr-322	709	30	its	its	PRON
ftr-322	709	31	basis	basis	NOUN
ftr-322	709	32	;	;	PUNCT
ftr-322	709	33	90	90	NUM
ftr-322	709	34	if	if	SCONJ
ftr-322	709	35	the	the	DET
ftr-322	709	36	second	second	NOUN
ftr-322	709	37	is	be	AUX
ftr-322	709	38	not	not	PART
ftr-322	709	39	met	meet	VERB
ftr-322	709	40	,	,	PUNCT
ftr-322	709	41	the	the	DET
ftr-322	709	42	partnership‘s	partnership‘s	PROPN
ftr-322	709	43	bases	basis	NOUN
ftr-322	709	44	in	in	ADP
ftr-322	709	45	its	its	PRON
ftr-322	709	46	assets	asset	NOUN
ftr-322	709	47	will	will	AUX
ftr-322	709	48	need	need	VERB
ftr-322	709	49	to	to	PART
ftr-322	709	50	be	be	AUX
ftr-322	709	51	adjusted	adjust	VERB
ftr-322	709	52	to	to	PART
ftr-322	709	53	reflect	reflect	VERB
ftr-322	709	54	both	both	DET
ftr-322	709	55	transfers	transfer	NOUN
ftr-322	709	56	.	.	PUNCT
ftr-322	710	1	91	91	NUM
ftr-322	710	2	because	because	SCONJ
ftr-322	710	3	the	the	DET
ftr-322	710	4	facts	fact	NOUN
ftr-322	710	5	assume	assume	VERB
ftr-322	710	6	no	no	DET
ftr-322	710	7	variation	variation	NOUN
ftr-322	710	8	between	between	ADP
ftr-322	710	9	inside	inside	ADP
ftr-322	710	10	and	and	CCONJ
ftr-322	710	11	outside	outside	ADJ
ftr-322	710	12	basis	basis	NOUN
ftr-322	710	13	(	(	PUNCT
ftr-322	710	14	following	follow	VERB
ftr-322	710	15	the	the	DET
ftr-322	710	16	accounting	accounting	NOUN
ftr-322	710	17	for	for	ADP
ftr-322	710	18	each	each	DET
ftr-322	710	19	partner‘s	partner‘s	PROPN
ftr-322	710	20	ratable	ratable	ADJ
ftr-322	710	21	share	share	NOUN
ftr-322	710	22	under	under	ADP
ftr-322	710	23	section	section	NOUN
ftr-322	710	24	702	702	NUM
ftr-322	710	25	)	)	PUNCT
ftr-322	710	26	and	and	CCONJ
ftr-322	710	27	that	that	SCONJ
ftr-322	710	28	no	no	DET
ftr-322	710	29	section	section	NOUN
ftr-322	710	30	754	754	NUM
ftr-322	710	31	election	election	NOUN
ftr-322	710	32	is	be	AUX
ftr-322	710	33	in	in	ADP
ftr-322	710	34	effect	effect	NOUN
ftr-322	710	35	,	,	PUNCT
ftr-322	710	36	these	these	DET
ftr-322	710	37	issues	issue	NOUN
ftr-322	710	38	may	may	AUX
ftr-322	710	39	be	be	AUX
ftr-322	710	40	disregarded	disregard	VERB
ftr-322	710	41	.	.	PUNCT
ftr-322	711	1	table	table	NOUN
ftr-322	711	2	6a	6a	NOUN
ftr-322	711	3	sets	set	VERB
ftr-322	711	4	out	out	ADP
ftr-322	711	5	the	the	DET
ftr-322	711	6	partners	partner	NOUN
ftr-322	711	7	‘	'	PUNCT
ftr-322	711	8	tax	tax	NOUN
ftr-322	711	9	liabilities	liability	NOUN
ftr-322	711	10	and	and	CCONJ
ftr-322	711	11	rates	rate	NOUN
ftr-322	711	12	(	(	PUNCT
ftr-322	711	13	as	as	ADP
ftr-322	711	14	a	a	DET
ftr-322	711	15	percentage	percentage	NOUN
ftr-322	711	16	of	of	ADP
ftr-322	711	17	shares	share	NOUN
ftr-322	711	18	of	of	ADP
ftr-322	711	19	total	total	ADJ
ftr-322	711	20	partnership	partnership	NOUN
ftr-322	711	21	income	income	NOUN
ftr-322	711	22	)	)	PUNCT
ftr-322	711	23	under	under	ADP
ftr-322	711	24	the	the	DET
ftr-322	711	25	aggregate	aggregate	ADJ
ftr-322	711	26	89	89	NUM
ftr-322	711	27	.	.	PUNCT
ftr-322	712	1	the	the	DET
ftr-322	712	2	valuations	valuation	NOUN
ftr-322	712	3	assume	assume	VERB
ftr-322	712	4	no	no	DET
ftr-322	712	5	change	change	NOUN
ftr-322	712	6	to	to	ADP
ftr-322	712	7	the	the	DET
ftr-322	712	8	values	value	NOUN
ftr-322	712	9	of	of	ADP
ftr-322	712	10	the	the	DET
ftr-322	712	11	underlying	underlie	VERB
ftr-322	712	12	assets	asset	NOUN
ftr-322	712	13	of	of	ADP
ftr-322	712	14	the	the	DET
ftr-322	712	15	partnership	partnership	NOUN
ftr-322	712	16	.	.	PUNCT
ftr-322	713	1	90	90	NUM
ftr-322	713	2	.	.	PUNCT
ftr-322	713	3	see	see	VERB
ftr-322	713	4	i.r.c	i.r.c	NOUN
ftr-322	713	5	.	.	PUNCT
ftr-322	714	1	§	§	PROPN
ftr-322	714	2	61	61	NUM
ftr-322	714	3	.	.	NOUN
ftr-322	714	4	91	91	NUM
ftr-322	714	5	.	.	PUNCT
ftr-322	715	1	see	see	VERB
ftr-322	715	2	i.r.c	i.r.c	NOUN
ftr-322	715	3	.	.	PUNCT
ftr-322	716	1	§	§	PROPN
ftr-322	716	2	743(b	743(b	PROPN
ftr-322	716	3	)	)	PUNCT
ftr-322	716	4	.	.	PUNCT
ftr-322	717	1	382	382	NUM
ftr-322	717	2	florida	florida	PROPN
ftr-322	717	3	tax	tax	NOUN
ftr-322	717	4	review	review	NOUN
ftr-322	717	5	[	[	X
ftr-322	717	6	vol	vol	NOUN
ftr-322	717	7	.	.	PUNCT
ftr-322	718	1	13:7	13:7	NUM
ftr-322	718	2	analysis	analysis	NOUN
ftr-322	718	3	as	as	ADV
ftr-322	718	4	well	well	ADV
ftr-322	718	5	as	as	ADP
ftr-322	718	6	under	under	ADP
ftr-322	718	7	the	the	DET
ftr-322	718	8	alternative	alternative	ADJ
ftr-322	718	9	assumptions	assumption	NOUN
ftr-322	718	10	that	that	SCONJ
ftr-322	718	11	the	the	DET
ftr-322	718	12	see	see	NOUN
ftr-322	718	13	is	be	AUX
ftr-322	718	14	valid	valid	ADJ
ftr-322	718	15	and	and	CCONJ
ftr-322	718	16	that	that	SCONJ
ftr-322	718	17	treasury‘s	treasury‘s	ADJ
ftr-322	718	18	pip	pip	ADJ
ftr-322	718	19	analysis	analysis	NOUN
ftr-322	718	20	applies	apply	VERB
ftr-322	718	21	.	.	PUNCT
ftr-322	719	1	table	table	NOUN
ftr-322	719	2	6a	6a	NOUN
ftr-322	719	3	:	:	PUNCT
ftr-322	719	4	tax	tax	NOUN
ftr-322	719	5	liabilities	liability	NOUN
ftr-322	719	6	and	and	CCONJ
ftr-322	719	7	rates	rate	NOUN
ftr-322	719	8	92	92	NUM
ftr-322	719	9	on	on	ADP
ftr-322	719	10	total	total	ADJ
ftr-322	719	11	partnership	partnership	NOUN
ftr-322	719	12	income	income	NOUN
ftr-322	719	13	under	under	ADP
ftr-322	719	14	alternative	alternative	ADJ
ftr-322	719	15	theories	theory	NOUN
ftr-322	719	16	:	:	PUNCT
ftr-322	719	17	$	$	SYM
ftr-322	719	18	450	450	NUM
ftr-322	719	19	tax	tax	NOUN
ftr-322	719	20	-	-	PUNCT
ftr-322	719	21	exempt	exempt	ADJ
ftr-322	719	22	interest	interest	NOUN
ftr-322	719	23	and	and	CCONJ
ftr-322	719	24	$	$	SYM
ftr-322	719	25	550	550	NUM
ftr-322	719	26	taxable	taxable	ADJ
ftr-322	719	27	income	income	NOUN
ftr-322	719	28	93	93	NUM
ftr-322	719	29	partner	partner	NOUN
ftr-322	719	30	sa	sa	NOUN
ftr-322	719	31	respected	respect	VERB
ftr-322	719	32	amount	amount	NOUN
ftr-322	719	33	/	/	SYM
ftr-322	719	34	rate	rate	NOUN
ftr-322	719	35	pip	pip	NOUN
ftr-322	719	36	amount	amount	NOUN
ftr-322	719	37	/	/	SYM
ftr-322	719	38	rate	rate	NOUN
ftr-322	719	39	aggregate	aggregate	NOUN
ftr-322	719	40	theory	theory	NOUN
ftr-322	719	41	amount	amount	NOUN
ftr-322	719	42	/	/	SYM
ftr-322	719	43	rate	rate	NOUN
ftr-322	719	44	high	high	ADJ
ftr-322	719	45	-	-	PUNCT
ftr-322	719	46	tax	tax	NOUN
ftr-322	719	47	$	$	SYM
ftr-322	719	48	0	0	NUM
ftr-322	719	49	0	0	NUM
ftr-322	719	50	%	%	NOUN
ftr-322	719	51	$	$	SYM
ftr-322	719	52	99	99	NUM
ftr-322	719	53	27.5	27.5	NUM
ftr-322	719	54	%	%	NOUN
ftr-322	719	55	$	$	SYM
ftr-322	719	56	68	68	NUM
ftr-322	719	57	18.9	18.9	NUM
ftr-322	719	58	%	%	NOUN
ftr-322	719	59	low	low	ADJ
ftr-322	719	60	-	-	PUNCT
ftr-322	719	61	tax	tax	NOUN
ftr-322	719	62	83	83	NUM
ftr-322	719	63	12.9	12.9	NUM
ftr-322	719	64	53	53	NUM
ftr-322	719	65	8.3	8.3	NUM
ftr-322	719	66	62	62	NUM
ftr-322	719	67	9.7	9.7	NUM
ftr-322	719	68	total	total	NOUN
ftr-322	719	69	$	$	SYM
ftr-322	719	70	83	83	NUM
ftr-322	719	71	8.3	8.3	NUM
ftr-322	719	72	%	%	NOUN
ftr-322	719	73	$	$	SYM
ftr-322	719	74	152	152	NUM
ftr-322	719	75	15.2	15.2	NUM
ftr-322	719	76	%	%	NOUN
ftr-322	719	77	$	$	SYM
ftr-322	719	78	130	130	NUM
ftr-322	719	79	13	13	NUM
ftr-322	719	80	%	%	NOUN
ftr-322	719	81	table	table	NOUN
ftr-322	719	82	6b	6b	NOUN
ftr-322	719	83	sets	set	VERB
ftr-322	719	84	out	out	ADP
ftr-322	719	85	the	the	DET
ftr-322	719	86	partners	partner	NOUN
ftr-322	719	87	‘	'	PUNCT
ftr-322	719	88	after	after	ADP
ftr-322	719	89	-	-	PUNCT
ftr-322	719	90	tax	tax	NOUN
ftr-322	719	91	receipts	receipt	NOUN
ftr-322	719	92	under	under	ADP
ftr-322	719	93	these	these	DET
ftr-322	719	94	alternatives	alternative	NOUN
ftr-322	719	95	.	.	PUNCT
ftr-322	720	1	table	table	NOUN
ftr-322	720	2	6b	6b	NOUN
ftr-322	720	3	:	:	PUNCT
ftr-322	720	4	total	total	ADJ
ftr-322	720	5	after	after	ADP
ftr-322	720	6	-	-	PUNCT
ftr-322	720	7	tax	tax	NOUN
ftr-322	720	8	94	94	NUM
ftr-322	720	9	amounts	amount	NOUN
ftr-322	720	10	under	under	ADP
ftr-322	720	11	alternative	alternative	ADJ
ftr-322	720	12	theories	theory	NOUN
ftr-322	720	13	:	:	PUNCT
ftr-322	720	14	$	$	SYM
ftr-322	720	15	450	450	NUM
ftr-322	720	16	tax	tax	NOUN
ftr-322	720	17	-	-	PUNCT
ftr-322	720	18	exempt	exempt	ADJ
ftr-322	720	19	interest	interest	NOUN
ftr-322	720	20	and	and	CCONJ
ftr-322	720	21	$	$	SYM
ftr-322	720	22	550	550	NUM
ftr-322	720	23	taxable	taxable	ADJ
ftr-322	720	24	income	income	NOUN
ftr-322	720	25	partner	partner	NOUN
ftr-322	720	26	sa	sa	PROPN
ftr-322	721	1	respected	respect	VERB
ftr-322	721	2	pip	pip	PROPN
ftr-322	721	3	aggregate	aggregate	PROPN
ftr-322	721	4	theory	theory	NOUN
ftr-322	721	5	high	high	ADJ
ftr-322	721	6	-	-	PUNCT
ftr-322	721	7	tax	tax	NOUN
ftr-322	721	8	$	$	SYM
ftr-322	721	9	360	360	NUM
ftr-322	721	10	$	$	SYM
ftr-322	721	11	261	261	NUM
ftr-322	721	12	$	$	SYM
ftr-322	721	13	292	292	NUM
ftr-322	721	14	low	low	ADJ
ftr-322	721	15	-	-	PUNCT
ftr-322	721	16	tax	tax	NOUN
ftr-322	721	17	557	557	NUM
ftr-322	721	18	587	587	NUM
ftr-322	721	19	578	578	NUM
ftr-322	721	20	total	total	ADJ
ftr-322	721	21	$	$	SYM
ftr-322	721	22	917	917	NUM
ftr-322	721	23	$	$	SYM
ftr-322	721	24	848	848	NUM
ftr-322	721	25	$	$	SYM
ftr-322	721	26	870	870	NUM
ftr-322	721	27	v.	v.	ADP
ftr-322	721	28	possible	possible	ADJ
ftr-322	721	29	approaches	approach	NOUN
ftr-322	721	30	to	to	ADP
ftr-322	721	31	special	special	ADJ
ftr-322	721	32	allocations	allocation	NOUN
ftr-322	721	33	it	it	PRON
ftr-322	721	34	is	be	AUX
ftr-322	721	35	not	not	PART
ftr-322	721	36	immediately	immediately	ADV
ftr-322	721	37	clear	clear	ADJ
ftr-322	721	38	why	why	SCONJ
ftr-322	721	39	partnership	partnership	NOUN
ftr-322	721	40	special	special	ADJ
ftr-322	721	41	allocations	allocation	NOUN
ftr-322	721	42	ought	ought	AUX
ftr-322	721	43	to	to	PART
ftr-322	721	44	be	be	AUX
ftr-322	721	45	tolerated	tolerate	VERB
ftr-322	721	46	when	when	SCONJ
ftr-322	721	47	the	the	DET
ftr-322	721	48	aggregate	aggregate	ADJ
ftr-322	721	49	theory	theory	NOUN
ftr-322	721	50	supplemented	supplement	VERB
ftr-322	721	51	by	by	ADP
ftr-322	721	52	non	non	ADJ
ftr-322	721	53	-	-	ADJ
ftr-322	721	54	partnershiplevel	partnershiplevel	ADJ
ftr-322	721	55	transactions	transaction	NOUN
ftr-322	721	56	would	would	AUX
ftr-322	721	57	seem	seem	VERB
ftr-322	721	58	to	to	PART
ftr-322	721	59	achieve	achieve	VERB
ftr-322	721	60	the	the	DET
ftr-322	721	61	desirable	desirable	ADJ
ftr-322	721	62	result	result	NOUN
ftr-322	721	63	of	of	ADP
ftr-322	721	64	accounting	account	VERB
ftr-322	721	65	for	for	ADP
ftr-322	721	66	pre	pre	ADJ
ftr-322	721	67	-	-	ADJ
ftr-322	721	68	tax	tax	ADJ
ftr-322	721	69	economics	economic	NOUN
ftr-322	721	70	without	without	ADP
ftr-322	721	71	sacrificing	sacrifice	VERB
ftr-322	721	72	tax	tax	NOUN
ftr-322	721	73	accuracy	accuracy	NOUN
ftr-322	721	74	.	.	PUNCT
ftr-322	722	1	here	here	ADV
ftr-322	722	2	i	i	PRON
ftr-322	722	3	suggest	suggest	VERB
ftr-322	722	4	two	two	NUM
ftr-322	722	5	possible	possible	ADJ
ftr-322	722	6	reforms	reform	NOUN
ftr-322	722	7	,	,	PUNCT
ftr-322	722	8	consistent	consistent	ADJ
ftr-322	722	9	with	with	ADP
ftr-322	722	10	this	this	DET
ftr-322	722	11	general	general	ADJ
ftr-322	722	12	observation	observation	NOUN
ftr-322	722	13	.	.	PUNCT
ftr-322	723	1	the	the	DET
ftr-322	723	2	first	first	ADJ
ftr-322	723	3	is	be	AUX
ftr-322	723	4	that	that	SCONJ
ftr-322	723	5	greater	great	ADJ
ftr-322	723	6	flexibility	flexibility	NOUN
ftr-322	723	7	in	in	ADP
ftr-322	723	8	accounting	account	VERB
ftr-322	723	9	for	for	ADP
ftr-322	723	10	varying	vary	VERB
ftr-322	723	11	ownership	ownership	NOUN
ftr-322	723	12	arrangements	arrangement	NOUN
ftr-322	723	13	within	within	ADP
ftr-322	723	14	the	the	DET
ftr-322	723	15	partnership	partnership	NOUN
ftr-322	723	16	would	would	AUX
ftr-322	723	17	go	go	VERB
ftr-322	723	18	some	some	DET
ftr-322	723	19	way	way	NOUN
ftr-322	723	20	toward	toward	ADP
ftr-322	723	21	alleviating	alleviate	VERB
ftr-322	723	22	concerns	concern	NOUN
ftr-322	723	23	about	about	ADP
ftr-322	723	24	different	different	ADJ
ftr-322	723	25	ownership	ownership	NOUN
ftr-322	723	26	ratios	ratio	NOUN
ftr-322	723	27	for	for	ADP
ftr-322	723	28	different	different	ADJ
ftr-322	723	29	types	type	NOUN
ftr-322	723	30	of	of	ADP
ftr-322	723	31	partnership	partnership	NOUN
ftr-322	723	32	property	property	NOUN
ftr-322	723	33	.	.	PUNCT
ftr-322	724	1	second	second	ADJ
ftr-322	724	2	,	,	PUNCT
ftr-322	724	3	i	i	PRON
ftr-322	724	4	suggest	suggest	VERB
ftr-322	724	5	that	that	SCONJ
ftr-322	724	6	a	a	DET
ftr-322	724	7	limited	limited	ADJ
ftr-322	724	8	place	place	NOUN
ftr-322	724	9	for	for	ADP
ftr-322	724	10	special	special	ADJ
ftr-322	724	11	allocations	allocation	NOUN
ftr-322	724	12	may	may	AUX
ftr-322	724	13	remain	remain	VERB
ftr-322	724	14	where	where	SCONJ
ftr-322	724	15	it	it	PRON
ftr-322	724	16	is	be	AUX
ftr-322	724	17	clear	clear	ADJ
ftr-322	724	18	that	that	SCONJ
ftr-322	724	19	tax	tax	NOUN
ftr-322	724	20	avoidance	avoidance	NOUN
ftr-322	724	21	is	be	AUX
ftr-322	724	22	not	not	PART
ftr-322	724	23	the	the	DET
ftr-322	724	24	principal	principal	ADJ
ftr-322	724	25	motivation	motivation	NOUN
ftr-322	724	26	and	and	CCONJ
ftr-322	724	27	,	,	PUNCT
ftr-322	724	28	critically	critically	ADV
ftr-322	724	29	,	,	PUNCT
ftr-322	724	30	material	material	ADJ
ftr-322	724	31	tax	tax	NOUN
ftr-322	724	32	reduction	reduction	NOUN
ftr-322	724	33	does	do	AUX
ftr-322	724	34	not	not	PART
ftr-322	724	35	arise	arise	VERB
ftr-322	724	36	.	.	PUNCT
ftr-322	725	1	from	from	ADP
ftr-322	725	2	this	this	DET
ftr-322	725	3	perspective	perspective	NOUN
ftr-322	725	4	,	,	PUNCT
ftr-322	725	5	partnerships	partnership	NOUN
ftr-322	725	6	92	92	NUM
ftr-322	725	7	.	.	PUNCT
ftr-322	726	1	rates	rate	NOUN
ftr-322	726	2	are	be	AUX
ftr-322	726	3	expressed	express	VERB
ftr-322	726	4	as	as	ADP
ftr-322	726	5	the	the	DET
ftr-322	726	6	percentage	percentage	NOUN
ftr-322	726	7	of	of	ADP
ftr-322	726	8	all	all	DET
ftr-322	726	9	partnership	partnership	NOUN
ftr-322	726	10	income	income	NOUN
ftr-322	726	11	,	,	PUNCT
ftr-322	726	12	both	both	CCONJ
ftr-322	726	13	taxable	taxable	ADJ
ftr-322	726	14	and	and	CCONJ
ftr-322	726	15	non	non	ADJ
ftr-322	726	16	-	-	ADJ
ftr-322	726	17	taxable	taxable	ADJ
ftr-322	726	18	,	,	PUNCT
ftr-322	726	19	allocated	allocate	VERB
ftr-322	726	20	to	to	ADP
ftr-322	726	21	the	the	DET
ftr-322	726	22	partner	partner	NOUN
ftr-322	726	23	that	that	PRON
ftr-322	726	24	is	be	AUX
ftr-322	726	25	paid	pay	VERB
ftr-322	726	26	in	in	ADP
ftr-322	726	27	tax	tax	NOUN
ftr-322	726	28	.	.	PUNCT
ftr-322	727	1	93	93	NUM
ftr-322	727	2	.	.	PUNCT
ftr-322	728	1	figures	figure	NOUN
ftr-322	728	2	are	be	AUX
ftr-322	728	3	rounded	rounded	ADJ
ftr-322	728	4	to	to	ADP
ftr-322	728	5	the	the	DET
ftr-322	728	6	nearest	near	ADJ
ftr-322	728	7	dollar	dollar	NOUN
ftr-322	728	8	and	and	CCONJ
ftr-322	728	9	the	the	DET
ftr-322	728	10	nearest	near	ADJ
ftr-322	728	11	one	one	NUM
ftr-322	728	12	-	-	PUNCT
ftr-322	728	13	tenth	tenth	NOUN
ftr-322	728	14	percent	percent	NOUN
ftr-322	728	15	.	.	PUNCT
ftr-322	729	1	94	94	NUM
ftr-322	729	2	.	.	PUNCT
ftr-322	730	1	under	under	ADP
ftr-322	730	2	each	each	DET
ftr-322	730	3	theory	theory	NOUN
ftr-322	730	4	,	,	PUNCT
ftr-322	730	5	the	the	DET
ftr-322	730	6	pre	pre	ADJ
ftr-322	730	7	-	-	ADJ
ftr-322	730	8	tax	tax	ADJ
ftr-322	730	9	amounts	amount	NOUN
ftr-322	730	10	are	be	AUX
ftr-322	730	11	$	$	SYM
ftr-322	730	12	360	360	NUM
ftr-322	730	13	for	for	ADP
ftr-322	730	14	the	the	DET
ftr-322	730	15	high	high	ADJ
ftr-322	730	16	-	-	PUNCT
ftr-322	730	17	tax	tax	NOUN
ftr-322	730	18	partner	partner	NOUN
ftr-322	730	19	and	and	CCONJ
ftr-322	730	20	$	$	SYM
ftr-322	730	21	640	640	NUM
ftr-322	730	22	for	for	ADP
ftr-322	730	23	the	the	DET
ftr-322	730	24	low	low	ADJ
ftr-322	730	25	-	-	PUNCT
ftr-322	730	26	tax	tax	NOUN
ftr-322	730	27	partner	partner	NOUN
ftr-322	730	28	.	.	PUNCT
ftr-322	731	1	2012	2012	NUM
ftr-322	731	2	]	]	PUNCT
ftr-322	731	3	special	special	ADJ
ftr-322	731	4	allocations	allocation	NOUN
ftr-322	731	5	revisited	revisit	VERB
ftr-322	731	6	383	383	NUM
ftr-322	731	7	could	could	AUX
ftr-322	731	8	be	be	AUX
ftr-322	731	9	viewed	view	VERB
ftr-322	731	10	as	as	ADP
ftr-322	731	11	the	the	DET
ftr-322	731	12	mechanism	mechanism	NOUN
ftr-322	731	13	by	by	ADP
ftr-322	731	14	which	which	PRON
ftr-322	731	15	(	(	PUNCT
ftr-322	731	16	among	among	ADP
ftr-322	731	17	other	other	ADJ
ftr-322	731	18	things	thing	NOUN
ftr-322	731	19	)	)	PUNCT
ftr-322	731	20	character	character	NOUN
ftr-322	731	21	assignments	assignment	NOUN
ftr-322	731	22	are	be	AUX
ftr-322	731	23	permitted	permit	VERB
ftr-322	731	24	when	when	SCONJ
ftr-322	731	25	there	there	PRON
ftr-322	731	26	is	be	VERB
ftr-322	731	27	a	a	DET
ftr-322	731	28	legitimate	legitimate	ADJ
ftr-322	731	29	business	business	NOUN
ftr-322	731	30	-	-	PUNCT
ftr-322	731	31	purpose	purpose	NOUN
ftr-322	731	32	-	-	PUNCT
ftr-322	731	33	driven	drive	VERB
ftr-322	731	34	reason	reason	NOUN
ftr-322	731	35	for	for	ADP
ftr-322	731	36	them	they	PRON
ftr-322	731	37	.	.	PUNCT
ftr-322	732	1	subpart	subpart	VERB
ftr-322	732	2	a	a	DET
ftr-322	732	3	argues	argue	VERB
ftr-322	732	4	that	that	SCONJ
ftr-322	732	5	the	the	DET
ftr-322	732	6	best	good	ADJ
ftr-322	732	7	approach	approach	NOUN
ftr-322	732	8	to	to	ADP
ftr-322	732	9	dealing	deal	VERB
ftr-322	732	10	with	with	ADP
ftr-322	732	11	special	special	ADJ
ftr-322	732	12	allocations	allocation	NOUN
ftr-322	732	13	is	be	AUX
ftr-322	732	14	not	not	PART
ftr-322	732	15	to	to	PART
ftr-322	732	16	abrogate	abrogate	VERB
ftr-322	732	17	the	the	DET
ftr-322	732	18	aggregate	aggregate	ADJ
ftr-322	732	19	theory	theory	NOUN
ftr-322	732	20	but	but	CCONJ
ftr-322	732	21	instead	instead	ADV
ftr-322	732	22	to	to	PART
ftr-322	732	23	make	make	VERB
ftr-322	732	24	it	it	PRON
ftr-322	732	25	more	more	ADV
ftr-322	732	26	nuanced	nuanced	ADJ
ftr-322	732	27	through	through	ADP
ftr-322	732	28	what	what	PRON
ftr-322	732	29	might	might	AUX
ftr-322	732	30	be	be	AUX
ftr-322	732	31	termed	term	VERB
ftr-322	732	32	a	a	DET
ftr-322	732	33	partnership	partnership	NOUN
ftr-322	732	34	within	within	ADP
ftr-322	732	35	a	a	DET
ftr-322	732	36	partnership	partnership	NOUN
ftr-322	732	37	(	(	PUNCT
ftr-322	732	38	―pwp‖	―pwp‖	NUM
ftr-322	732	39	)	)	PUNCT
ftr-322	732	40	,	,	PUNCT
ftr-322	732	41	or	or	CCONJ
ftr-322	732	42	mini	mini	NOUN
ftr-322	732	43	-	-	NOUN
ftr-322	732	44	partnership	partnership	NOUN
ftr-322	732	45	,	,	PUNCT
ftr-322	732	46	approach	approach	NOUN
ftr-322	732	47	.	.	PUNCT
ftr-322	733	1	subpart	subpart	PROPN
ftr-322	733	2	b	b	PROPN
ftr-322	733	3	discusses	discuss	VERB
ftr-322	733	4	the	the	DET
ftr-322	733	5	limited	limited	ADJ
ftr-322	733	6	situations	situation	NOUN
ftr-322	733	7	in	in	ADP
ftr-322	733	8	which	which	PRON
ftr-322	733	9	genuine	genuine	ADJ
ftr-322	733	10	character	character	NOUN
ftr-322	733	11	assignments	assignment	NOUN
ftr-322	733	12	ought	ought	AUX
ftr-322	733	13	to	to	PART
ftr-322	733	14	be	be	AUX
ftr-322	733	15	tolerated	tolerate	VERB
ftr-322	733	16	—	—	PUNCT
ftr-322	733	17	those	those	DET
ftr-322	733	18	cases	case	NOUN
ftr-322	733	19	in	in	ADP
ftr-322	733	20	which	which	PRON
ftr-322	733	21	policy	policy	NOUN
ftr-322	733	22	considerations	consideration	NOUN
ftr-322	733	23	favor	favor	VERB
ftr-322	733	24	character	character	NOUN
ftr-322	733	25	assignments	assignment	NOUN
ftr-322	733	26	through	through	ADP
ftr-322	733	27	special	special	ADJ
ftr-322	733	28	allocations	allocation	NOUN
ftr-322	733	29	.	.	PUNCT
ftr-322	734	1	a.	a.	NOUN
ftr-322	734	2	partnership	partnership	NOUN
ftr-322	734	3	within	within	ADP
ftr-322	734	4	a	a	DET
ftr-322	734	5	partnership	partnership	NOUN
ftr-322	734	6	in	in	ADP
ftr-322	734	7	many	many	ADJ
ftr-322	734	8	situations	situation	NOUN
ftr-322	734	9	,	,	PUNCT
ftr-322	734	10	for	for	ADP
ftr-322	734	11	non	non	ADJ
ftr-322	734	12	-	-	ADJ
ftr-322	734	13	tax	tax	ADJ
ftr-322	734	14	reasons	reason	NOUN
ftr-322	734	15	the	the	DET
ftr-322	734	16	partners	partner	NOUN
ftr-322	734	17	may	may	AUX
ftr-322	734	18	wish	wish	VERB
ftr-322	734	19	to	to	PART
ftr-322	734	20	have	have	VERB
ftr-322	734	21	a	a	DET
ftr-322	734	22	sharing	sharing	NOUN
ftr-322	734	23	arrangement	arrangement	NOUN
ftr-322	734	24	with	with	ADP
ftr-322	734	25	respect	respect	NOUN
ftr-322	734	26	to	to	ADP
ftr-322	734	27	some	some	DET
ftr-322	734	28	items	item	NOUN
ftr-322	734	29	of	of	ADP
ftr-322	734	30	partnership	partnership	NOUN
ftr-322	734	31	property	property	NOUN
ftr-322	734	32	that	that	PRON
ftr-322	734	33	differs	differ	VERB
ftr-322	734	34	from	from	ADP
ftr-322	734	35	the	the	DET
ftr-322	734	36	larger	large	ADJ
ftr-322	734	37	sharing	sharing	NOUN
ftr-322	734	38	arrangement	arrangement	NOUN
ftr-322	734	39	reflected	reflect	VERB
ftr-322	734	40	in	in	ADP
ftr-322	734	41	their	their	PRON
ftr-322	734	42	capital	capital	NOUN
ftr-322	734	43	accounts	account	NOUN
ftr-322	734	44	.	.	PUNCT
ftr-322	735	1	indeed	indeed	ADV
ftr-322	735	2	,	,	PUNCT
ftr-322	735	3	this	this	PRON
ftr-322	735	4	is	be	AUX
ftr-322	735	5	just	just	ADV
ftr-322	735	6	what	what	PRON
ftr-322	735	7	a	a	DET
ftr-322	735	8	special	special	ADJ
ftr-322	735	9	allocation	allocation	NOUN
ftr-322	735	10	is	be	AUX
ftr-322	735	11	.	.	PUNCT
ftr-322	736	1	as	as	ADV
ftr-322	736	2	long	long	ADV
ftr-322	736	3	as	as	SCONJ
ftr-322	736	4	the	the	DET
ftr-322	736	5	partners	partner	NOUN
ftr-322	736	6	carry	carry	VERB
ftr-322	736	7	through	through	ADP
ftr-322	736	8	the	the	DET
ftr-322	736	9	consequences	consequence	NOUN
ftr-322	736	10	of	of	ADP
ftr-322	736	11	the	the	DET
ftr-322	736	12	altered	altered	ADJ
ftr-322	736	13	sharing	sharing	NOUN
ftr-322	736	14	consistently	consistently	ADV
ftr-322	736	15	,	,	PUNCT
ftr-322	736	16	there	there	PRON
ftr-322	736	17	should	should	AUX
ftr-322	736	18	be	be	AUX
ftr-322	736	19	no	no	DET
ftr-322	736	20	problem	problem	NOUN
ftr-322	736	21	of	of	ADP
ftr-322	736	22	improper	improper	ADJ
ftr-322	736	23	assignment	assignment	NOUN
ftr-322	736	24	.	.	PUNCT
ftr-322	737	1	consider	consider	VERB
ftr-322	737	2	that	that	PRON
ftr-322	737	3	,	,	PUNCT
ftr-322	737	4	instead	instead	ADV
ftr-322	737	5	of	of	ADP
ftr-322	737	6	a	a	DET
ftr-322	737	7	special	special	ADJ
ftr-322	737	8	allocation	allocation	NOUN
ftr-322	737	9	,	,	PUNCT
ftr-322	737	10	the	the	DET
ftr-322	737	11	partners	partner	NOUN
ftr-322	737	12	in	in	ADP
ftr-322	737	13	many	many	ADJ
ftr-322	737	14	cases	case	NOUN
ftr-322	737	15	could	could	AUX
ftr-322	737	16	have	have	AUX
ftr-322	737	17	established	establish	VERB
ftr-322	737	18	a	a	DET
ftr-322	737	19	separate	separate	ADJ
ftr-322	737	20	partnership	partnership	NOUN
ftr-322	737	21	that	that	PRON
ftr-322	737	22	owned	own	VERB
ftr-322	737	23	just	just	ADV
ftr-322	737	24	the	the	DET
ftr-322	737	25	assets	asset	NOUN
ftr-322	737	26	for	for	ADP
ftr-322	737	27	which	which	PRON
ftr-322	737	28	a	a	DET
ftr-322	737	29	different	different	ADJ
ftr-322	737	30	sharing	sharing	NOUN
ftr-322	737	31	arrangement	arrangement	NOUN
ftr-322	737	32	was	be	AUX
ftr-322	737	33	desired	desire	VERB
ftr-322	737	34	and	and	CCONJ
ftr-322	737	35	effectuated	effectuate	VERB
ftr-322	737	36	through	through	ADP
ftr-322	737	37	a	a	DET
ftr-322	737	38	special	special	ADJ
ftr-322	737	39	allocation	allocation	NOUN
ftr-322	737	40	.	.	PUNCT
ftr-322	738	1	if	if	SCONJ
ftr-322	738	2	allocations	allocation	NOUN
ftr-322	738	3	in	in	ADP
ftr-322	738	4	that	that	DET
ftr-322	738	5	separate	separate	ADJ
ftr-322	738	6	partnership	partnership	NOUN
ftr-322	738	7	tracked	track	VERB
ftr-322	738	8	the	the	DET
ftr-322	738	9	capital	capital	NOUN
ftr-322	738	10	account	account	NOUN
ftr-322	738	11	balances	balance	NOUN
ftr-322	738	12	or	or	CCONJ
ftr-322	738	13	,	,	PUNCT
ftr-322	738	14	more	more	ADV
ftr-322	738	15	generally	generally	ADV
ftr-322	738	16	,	,	PUNCT
ftr-322	738	17	the	the	DET
ftr-322	738	18	pip	pip	NOUN
ftr-322	738	19	in	in	ADP
ftr-322	738	20	that	that	DET
ftr-322	738	21	partnership	partnership	NOUN
ftr-322	738	22	,	,	PUNCT
ftr-322	738	23	there	there	PRON
ftr-322	738	24	would	would	AUX
ftr-322	738	25	be	be	AUX
ftr-322	738	26	no	no	DET
ftr-322	738	27	special	special	ADJ
ftr-322	738	28	allocation	allocation	NOUN
ftr-322	738	29	.	.	PUNCT
ftr-322	739	1	accordingly	accordingly	ADV
ftr-322	739	2	,	,	PUNCT
ftr-322	739	3	the	the	DET
ftr-322	739	4	provision	provision	NOUN
ftr-322	739	5	of	of	ADP
ftr-322	739	6	special	special	ADJ
ftr-322	739	7	rules	rule	NOUN
ftr-322	739	8	that	that	PRON
ftr-322	739	9	permit	permit	VERB
ftr-322	739	10	varying	vary	VERB
ftr-322	739	11	ownership	ownership	NOUN
ftr-322	739	12	ratios	ratio	NOUN
ftr-322	739	13	of	of	ADP
ftr-322	739	14	specific	specific	ADJ
ftr-322	739	15	items	item	NOUN
ftr-322	739	16	of	of	ADP
ftr-322	739	17	partnership	partnership	NOUN
ftr-322	739	18	property	property	NOUN
ftr-322	739	19	in	in	ADP
ftr-322	739	20	a	a	DET
ftr-322	739	21	single	single	ADJ
ftr-322	739	22	partnership	partnership	NOUN
ftr-322	739	23	ought	ought	AUX
ftr-322	739	24	to	to	PART
ftr-322	739	25	not	not	PART
ftr-322	739	26	pose	pose	VERB
ftr-322	739	27	a	a	DET
ftr-322	739	28	problem	problem	NOUN
ftr-322	739	29	as	as	ADV
ftr-322	739	30	long	long	ADV
ftr-322	739	31	as	as	SCONJ
ftr-322	739	32	the	the	DET
ftr-322	739	33	ownership	ownership	NOUN
ftr-322	739	34	ratios	ratio	NOUN
ftr-322	739	35	are	be	AUX
ftr-322	739	36	respected	respect	VERB
ftr-322	739	37	all	all	DET
ftr-322	739	38	the	the	DET
ftr-322	739	39	way	way	NOUN
ftr-322	739	40	down	down	ADV
ftr-322	739	41	.	.	PUNCT
ftr-322	740	1	1	1	X
ftr-322	740	2	.	.	X
ftr-322	740	3	simple	simple	ADJ
ftr-322	740	4	disproportionate	disproportionate	ADJ
ftr-322	740	5	allocation	allocation	NOUN
ftr-322	740	6	the	the	DET
ftr-322	740	7	simplest	simple	ADJ
ftr-322	740	8	kind	kind	NOUN
ftr-322	740	9	of	of	ADP
ftr-322	740	10	special	special	ADJ
ftr-322	740	11	allocation	allocation	NOUN
ftr-322	740	12	that	that	PRON
ftr-322	740	13	can	can	AUX
ftr-322	740	14	be	be	AUX
ftr-322	740	15	accommodated	accommodate	VERB
ftr-322	740	16	under	under	ADP
ftr-322	740	17	the	the	DET
ftr-322	740	18	pwp	pwp	NOUN
ftr-322	740	19	approach	approach	NOUN
ftr-322	740	20	is	be	AUX
ftr-322	740	21	one	one	NUM
ftr-322	740	22	that	that	PRON
ftr-322	740	23	assigns	assign	VERB
ftr-322	740	24	all	all	DET
ftr-322	740	25	aspects	aspect	NOUN
ftr-322	740	26	of	of	ADP
ftr-322	740	27	the	the	DET
ftr-322	740	28	ownership	ownership	NOUN
ftr-322	740	29	of	of	ADP
ftr-322	740	30	an	an	DET
ftr-322	740	31	item	item	NOUN
ftr-322	740	32	of	of	ADP
ftr-322	740	33	partnership	partnership	NOUN
ftr-322	740	34	property	property	NOUN
ftr-322	740	35	to	to	ADP
ftr-322	740	36	the	the	DET
ftr-322	740	37	partners	partner	NOUN
ftr-322	740	38	in	in	ADP
ftr-322	740	39	a	a	DET
ftr-322	740	40	ratio	ratio	NOUN
ftr-322	740	41	that	that	PRON
ftr-322	740	42	differs	differ	VERB
ftr-322	740	43	from	from	ADP
ftr-322	740	44	the	the	DET
ftr-322	740	45	overall	overall	ADJ
ftr-322	740	46	ownership	ownership	NOUN
ftr-322	740	47	ratio	ratio	NOUN
ftr-322	740	48	.	.	PUNCT
ftr-322	741	1	where	where	SCONJ
ftr-322	741	2	the	the	DET
ftr-322	741	3	ownership	ownership	NOUN
ftr-322	741	4	is	be	AUX
ftr-322	741	5	carved	carve	VERB
ftr-322	741	6	out	out	ADP
ftr-322	741	7	of	of	ADP
ftr-322	741	8	existing	exist	VERB
ftr-322	741	9	partnership	partnership	NOUN
ftr-322	741	10	property	property	NOUN
ftr-322	741	11	,	,	PUNCT
ftr-322	741	12	there	there	PRON
ftr-322	741	13	would	would	AUX
ftr-322	741	14	be	be	AUX
ftr-322	741	15	a	a	DET
ftr-322	741	16	taxable	taxable	ADJ
ftr-322	741	17	transfer	transfer	NOUN
ftr-322	741	18	at	at	ADP
ftr-322	741	19	the	the	DET
ftr-322	741	20	formation	formation	NOUN
ftr-322	741	21	of	of	ADP
ftr-322	741	22	the	the	DET
ftr-322	741	23	special	special	ADJ
ftr-322	741	24	allocation	allocation	NOUN
ftr-322	741	25	,	,	PUNCT
ftr-322	741	26	and	and	CCONJ
ftr-322	741	27	thereafter	thereafter	ADV
ftr-322	741	28	the	the	DET
ftr-322	741	29	treatment	treatment	NOUN
ftr-322	741	30	of	of	ADP
ftr-322	741	31	all	all	DET
ftr-322	741	32	items	item	NOUN
ftr-322	741	33	in	in	ADP
ftr-322	741	34	respect	respect	NOUN
ftr-322	741	35	of	of	ADP
ftr-322	741	36	the	the	DET
ftr-322	741	37	carved	carve	VERB
ftr-322	741	38	-	-	PUNCT
ftr-322	741	39	out	out	ADP
ftr-322	741	40	item	item	NOUN
ftr-322	741	41	would	would	AUX
ftr-322	741	42	be	be	AUX
ftr-322	741	43	treated	treat	VERB
ftr-322	741	44	as	as	ADP
ftr-322	741	45	though	though	SCONJ
ftr-322	741	46	part	part	NOUN
ftr-322	741	47	of	of	ADP
ftr-322	741	48	its	its	PRON
ftr-322	741	49	own	own	ADJ
ftr-322	741	50	partnership	partnership	NOUN
ftr-322	741	51	.	.	PUNCT
ftr-322	742	1	the	the	DET
ftr-322	742	2	consequences	consequence	NOUN
ftr-322	742	3	of	of	ADP
ftr-322	742	4	transactions	transaction	NOUN
ftr-322	742	5	or	or	CCONJ
ftr-322	742	6	events	event	NOUN
ftr-322	742	7	with	with	ADP
ftr-322	742	8	respect	respect	NOUN
ftr-322	742	9	to	to	ADP
ftr-322	742	10	the	the	DET
ftr-322	742	11	special	special	ADJ
ftr-322	742	12	allocation	allocation	NOUN
ftr-322	742	13	could	could	AUX
ftr-322	742	14	,	,	PUNCT
ftr-322	742	15	in	in	ADP
ftr-322	742	16	principle	principle	NOUN
ftr-322	742	17	,	,	PUNCT
ftr-322	742	18	simply	simply	ADV
ftr-322	742	19	pour	pour	VERB
ftr-322	742	20	over	over	ADP
ftr-322	742	21	into	into	ADP
ftr-322	742	22	the	the	DET
ftr-322	742	23	larger	large	ADJ
ftr-322	742	24	partnership	partnership	NOUN
ftr-322	742	25	,	,	PUNCT
ftr-322	742	26	but	but	CCONJ
ftr-322	742	27	only	only	ADV
ftr-322	742	28	as	as	ADV
ftr-322	742	29	long	long	ADV
ftr-322	742	30	as	as	SCONJ
ftr-322	742	31	earnings	earning	NOUN
ftr-322	742	32	in	in	ADP
ftr-322	742	33	respect	respect	NOUN
ftr-322	742	34	of	of	ADP
ftr-322	742	35	partnership	partnership	NOUN
ftr-322	742	36	capital	capital	NOUN
ftr-322	742	37	are	be	AUX
ftr-322	742	38	allocated	allocate	VERB
ftr-322	742	39	in	in	ADP
ftr-322	742	40	accordance	accordance	NOUN
ftr-322	742	41	with	with	ADP
ftr-322	742	42	the	the	DET
ftr-322	742	43	ratio	ratio	NOUN
ftr-322	742	44	of	of	ADP
ftr-322	742	45	capital	capital	NOUN
ftr-322	742	46	account	account	NOUN
ftr-322	742	47	balances	balance	NOUN
ftr-322	742	48	.	.	PUNCT
ftr-322	743	1	example	example	NOUN
ftr-322	743	2	2	2	NUM
ftr-322	743	3	illustrates	illustrate	VERB
ftr-322	743	4	these	these	DET
ftr-322	743	5	features	feature	NOUN
ftr-322	743	6	.	.	PUNCT
ftr-322	744	1	384	384	NUM
ftr-322	744	2	florida	florida	PROPN
ftr-322	744	3	tax	tax	NOUN
ftr-322	744	4	review	review	NOUN
ftr-322	744	5	[	[	X
ftr-322	744	6	vol	vol	NOUN
ftr-322	744	7	.	.	PUNCT
ftr-322	745	1	13:7	13:7	NUM
ftr-322	745	2	example	example	NOUN
ftr-322	745	3	2	2	NUM
ftr-322	745	4	—	—	PUNCT
ftr-322	745	5	on	on	ADP
ftr-322	745	6	day	day	NOUN
ftr-322	745	7	1	1	NUM
ftr-322	745	8	of	of	ADP
ftr-322	745	9	year	year	NOUN
ftr-322	745	10	1	1	NUM
ftr-322	745	11	,	,	PUNCT
ftr-322	745	12	e	e	PROPN
ftr-322	745	13	and	and	CCONJ
ftr-322	745	14	f	f	PROPN
ftr-322	745	15	each	each	PRON
ftr-322	745	16	contribute	contribute	VERB
ftr-322	745	17	$	$	SYM
ftr-322	745	18	100x	100x	NUM
ftr-322	745	19	to	to	ADP
ftr-322	745	20	the	the	DET
ftr-322	745	21	ef	ef	PROPN
ftr-322	745	22	partnership	partnership	NOUN
ftr-322	745	23	in	in	ADP
ftr-322	745	24	exchange	exchange	NOUN
ftr-322	745	25	for	for	ADP
ftr-322	745	26	50	50	NUM
ftr-322	745	27	-	-	PUNCT
ftr-322	745	28	percent	percent	NOUN
ftr-322	745	29	interests	interest	NOUN
ftr-322	745	30	therein	therein	ADV
ftr-322	745	31	.	.	PUNCT
ftr-322	746	1	the	the	DET
ftr-322	746	2	ef	ef	PROPN
ftr-322	746	3	partnership	partnership	NOUN
ftr-322	746	4	agreement	agreement	NOUN
ftr-322	746	5	satisfies	satisfy	VERB
ftr-322	746	6	the	the	DET
ftr-322	746	7	requirements	requirement	NOUN
ftr-322	746	8	of	of	ADP
ftr-322	746	9	the	the	DET
ftr-322	746	10	section	section	NOUN
ftr-322	746	11	704(b	704(b	PROPN
ftr-322	746	12	)	)	PUNCT
ftr-322	746	13	regulations	regulation	NOUN
ftr-322	746	14	for	for	ADP
ftr-322	746	15	economic	economic	ADJ
ftr-322	746	16	effect	effect	NOUN
ftr-322	746	17	.	.	PUNCT
ftr-322	747	1	the	the	DET
ftr-322	747	2	partnership	partnership	NOUN
ftr-322	747	3	agreement	agreement	NOUN
ftr-322	747	4	further	far	ADV
ftr-322	747	5	provides	provide	VERB
ftr-322	747	6	that	that	SCONJ
ftr-322	747	7	all	all	DET
ftr-322	747	8	items	item	NOUN
ftr-322	747	9	of	of	ADP
ftr-322	747	10	partnership	partnership	NOUN
ftr-322	747	11	igld	igld	ADJ
ftr-322	747	12	will	will	AUX
ftr-322	747	13	be	be	AUX
ftr-322	747	14	shared	share	VERB
ftr-322	747	15	equally	equally	ADV
ftr-322	747	16	,	,	PUNCT
ftr-322	747	17	except	except	SCONJ
ftr-322	747	18	that	that	SCONJ
ftr-322	747	19	e	e	PROPN
ftr-322	747	20	and	and	CCONJ
ftr-322	747	21	f	f	PROPN
ftr-322	747	22	will	will	AUX
ftr-322	747	23	share	share	VERB
ftr-322	747	24	items	item	NOUN
ftr-322	747	25	of	of	ADP
ftr-322	747	26	partnership	partnership	NOUN
ftr-322	747	27	igld	igld	ADJ
ftr-322	747	28	in	in	ADP
ftr-322	747	29	respect	respect	NOUN
ftr-322	747	30	of	of	ADP
ftr-322	747	31	partnership	partnership	NOUN
ftr-322	747	32	depreciable	depreciable	ADJ
ftr-322	747	33	property	property	NOUN
ftr-322	747	34	70	70	NUM
ftr-322	747	35	-	-	SYM
ftr-322	747	36	30	30	NUM
ftr-322	747	37	,	,	PUNCT
ftr-322	747	38	respectively	respectively	ADV
ftr-322	747	39	.	.	PUNCT
ftr-322	748	1	on	on	ADP
ftr-322	748	2	the	the	DET
ftr-322	748	3	same	same	ADJ
ftr-322	748	4	day	day	NOUN
ftr-322	748	5	that	that	PRON
ftr-322	748	6	ef	ef	PROPN
ftr-322	748	7	is	be	AUX
ftr-322	748	8	formed	form	VERB
ftr-322	748	9	,	,	PUNCT
ftr-322	748	10	the	the	DET
ftr-322	748	11	partnership	partnership	NOUN
ftr-322	748	12	purchases	purchase	VERB
ftr-322	748	13	warehouse	warehouse	NOUN
ftr-322	748	14	for	for	ADP
ftr-322	748	15	$	$	SYM
ftr-322	748	16	150x	150x	NOUN
ftr-322	748	17	.	.	PUNCT
ftr-322	749	1	since	since	SCONJ
ftr-322	749	2	e	e	PROPN
ftr-322	749	3	and	and	CCONJ
ftr-322	749	4	f	f	PROPN
ftr-322	749	5	share	share	VERB
ftr-322	749	6	all	all	DET
ftr-322	749	7	items	item	NOUN
ftr-322	749	8	in	in	ADP
ftr-322	749	9	respect	respect	NOUN
ftr-322	749	10	of	of	ADP
ftr-322	749	11	warehouse	warehouse	NOUN
ftr-322	749	12	70	70	NUM
ftr-322	749	13	-	-	SYM
ftr-322	749	14	30	30	NUM
ftr-322	749	15	,	,	PUNCT
ftr-322	749	16	the	the	DET
ftr-322	749	17	purchase	purchase	NOUN
ftr-322	749	18	of	of	ADP
ftr-322	749	19	warehouse	warehouse	NOUN
ftr-322	749	20	effectuates	effectuate	NOUN
ftr-322	749	21	a	a	DET
ftr-322	749	22	$	$	SYM
ftr-322	749	23	30x	30x	NOUN
ftr-322	749	24	capital	capital	NOUN
ftr-322	749	25	transfer	transfer	NOUN
ftr-322	749	26	from	from	ADP
ftr-322	749	27	f	f	PROPN
ftr-322	749	28	to	to	ADP
ftr-322	749	29	e.	e.	PROPN
ftr-322	749	30	like	like	ADP
ftr-322	749	31	the	the	DET
ftr-322	749	32	transfer	transfer	NOUN
ftr-322	749	33	of	of	ADP
ftr-322	749	34	a	a	DET
ftr-322	749	35	portion	portion	NOUN
ftr-322	749	36	of	of	ADP
ftr-322	749	37	factory	factory	NOUN
ftr-322	749	38	from	from	ADP
ftr-322	749	39	a	a	DET
ftr-322	749	40	to	to	PART
ftr-322	749	41	b	b	NOUN
ftr-322	749	42	in	in	ADP
ftr-322	749	43	the	the	DET
ftr-322	749	44	depreciation	depreciation	NOUN
ftr-322	749	45	/	/	SYM
ftr-322	749	46	gain	gain	NOUN
ftr-322	749	47	chargeback	chargeback	NOUN
ftr-322	749	48	example	example	NOUN
ftr-322	749	49	,	,	PUNCT
ftr-322	749	50	this	this	DET
ftr-322	749	51	transfer	transfer	NOUN
ftr-322	749	52	must	must	AUX
ftr-322	749	53	be	be	AUX
ftr-322	749	54	understood	understand	VERB
ftr-322	749	55	as	as	ADP
ftr-322	749	56	a	a	DET
ftr-322	749	57	payment	payment	NOUN
ftr-322	749	58	to	to	ADP
ftr-322	749	59	e	e	NOUN
ftr-322	749	60	,	,	PUNCT
ftr-322	749	61	not	not	PART
ftr-322	749	62	as	as	ADP
ftr-322	749	63	the	the	DET
ftr-322	749	64	sale	sale	NOUN
ftr-322	749	65	or	or	CCONJ
ftr-322	749	66	exchange	exchange	NOUN
ftr-322	749	67	of	of	ADP
ftr-322	749	68	a	a	DET
ftr-322	749	69	capital	capital	NOUN
ftr-322	749	70	asset	asset	NOUN
ftr-322	749	71	.	.	PUNCT
ftr-322	750	1	accordingly	accordingly	ADV
ftr-322	750	2	,	,	PUNCT
ftr-322	750	3	the	the	DET
ftr-322	750	4	transfer	transfer	NOUN
ftr-322	750	5	is	be	AUX
ftr-322	750	6	deductible	deductible	ADJ
ftr-322	750	7	to	to	ADP
ftr-322	750	8	f	f	PROPN
ftr-322	750	9	and	and	CCONJ
ftr-322	750	10	includible	includible	ADJ
ftr-322	750	11	as	as	ADP
ftr-322	750	12	ordinary	ordinary	ADJ
ftr-322	750	13	income	income	NOUN
ftr-322	750	14	to	to	ADP
ftr-322	750	15	e.	e.	PROPN
ftr-322	750	16	subsequent	subsequent	ADJ
ftr-322	750	17	to	to	ADP
ftr-322	750	18	the	the	DET
ftr-322	750	19	purchase	purchase	NOUN
ftr-322	750	20	,	,	PUNCT
ftr-322	750	21	e	e	PROPN
ftr-322	750	22	and	and	CCONJ
ftr-322	750	23	f	f	PROPN
ftr-322	750	24	establish	establish	VERB
ftr-322	750	25	separate	separate	ADJ
ftr-322	750	26	partnership	partnership	NOUN
ftr-322	750	27	capital	capital	NOUN
ftr-322	750	28	subaccounts	subaccount	NOUN
ftr-322	750	29	for	for	ADP
ftr-322	750	30	their	their	PRON
ftr-322	750	31	respective	respective	ADJ
ftr-322	750	32	interests	interest	NOUN
ftr-322	750	33	in	in	ADP
ftr-322	750	34	warehouse	warehouse	NOUN
ftr-322	750	35	by	by	ADP
ftr-322	750	36	deducting	deduct	VERB
ftr-322	750	37	appropriate	appropriate	ADJ
ftr-322	750	38	balances	balance	NOUN
ftr-322	750	39	from	from	ADP
ftr-322	750	40	their	their	PRON
ftr-322	750	41	principal	principal	ADJ
ftr-322	750	42	accounts	account	NOUN
ftr-322	750	43	.	.	PUNCT
ftr-322	751	1	items	item	NOUN
ftr-322	751	2	of	of	ADP
ftr-322	751	3	igld	igld	ADJ
ftr-322	751	4	in	in	ADP
ftr-322	751	5	respect	respect	NOUN
ftr-322	751	6	of	of	ADP
ftr-322	751	7	warehouse	warehouse	NOUN
ftr-322	751	8	are	be	AUX
ftr-322	751	9	allocated	allocate	VERB
ftr-322	751	10	in	in	ADP
ftr-322	751	11	the	the	DET
ftr-322	751	12	70	70	NUM
ftr-322	751	13	-	-	SYM
ftr-322	751	14	30	30	NUM
ftr-322	751	15	ratio	ratio	NOUN
ftr-322	751	16	.	.	PUNCT
ftr-322	752	1	suppose	suppose	VERB
ftr-322	752	2	warehouse	warehouse	NOUN
ftr-322	752	3	is	be	AUX
ftr-322	752	4	depreciable	depreciable	ADJ
ftr-322	752	5	over	over	ADP
ftr-322	752	6	fifteen	fifteen	NUM
ftr-322	752	7	years	year	NOUN
ftr-322	752	8	on	on	ADP
ftr-322	752	9	a	a	DET
ftr-322	752	10	straightline	straightline	ADJ
ftr-322	752	11	basis	basis	NOUN
ftr-322	752	12	at	at	ADP
ftr-322	752	13	$	$	SYM
ftr-322	752	14	10x	10x	NUM
ftr-322	752	15	per	per	ADP
ftr-322	752	16	year	year	NOUN
ftr-322	752	17	.	.	PUNCT
ftr-322	753	1	in	in	ADP
ftr-322	753	2	each	each	DET
ftr-322	753	3	year	year	NOUN
ftr-322	753	4	,	,	PUNCT
ftr-322	753	5	e	e	PRON
ftr-322	753	6	takes	take	VERB
ftr-322	753	7	$	$	SYM
ftr-322	753	8	7x	7x	NUM
ftr-322	753	9	of	of	ADP
ftr-322	753	10	depreciation	depreciation	NOUN
ftr-322	753	11	and	and	CCONJ
ftr-322	753	12	f	f	PROPN
ftr-322	753	13	takes	take	VERB
ftr-322	753	14	$	$	SYM
ftr-322	753	15	3x	3x	NUM
ftr-322	753	16	,	,	PUNCT
ftr-322	753	17	adjusting	adjust	VERB
ftr-322	753	18	the	the	DET
ftr-322	753	19	warehouse	warehouse	NOUN
ftr-322	753	20	accounts	account	VERB
ftr-322	753	21	accordingly	accordingly	ADV
ftr-322	753	22	.	.	PUNCT
ftr-322	754	1	in	in	ADP
ftr-322	754	2	theory	theory	NOUN
ftr-322	754	3	,	,	PUNCT
ftr-322	754	4	the	the	DET
ftr-322	754	5	partners	partner	NOUN
ftr-322	754	6	could	could	AUX
ftr-322	754	7	maintain	maintain	VERB
ftr-322	754	8	completely	completely	ADV
ftr-322	754	9	separate	separate	ADJ
ftr-322	754	10	capital	capital	NOUN
ftr-322	754	11	accounts	account	NOUN
ftr-322	754	12	consistently	consistently	ADV
ftr-322	754	13	for	for	ADP
ftr-322	754	14	warehouse	warehouse	NOUN
ftr-322	754	15	as	as	SCONJ
ftr-322	754	16	though	though	SCONJ
ftr-322	754	17	it	it	PRON
ftr-322	754	18	were	be	AUX
ftr-322	754	19	a	a	DET
ftr-322	754	20	separate	separate	ADJ
ftr-322	754	21	partnership	partnership	NOUN
ftr-322	754	22	,	,	PUNCT
ftr-322	754	23	or	or	CCONJ
ftr-322	754	24	they	they	PRON
ftr-322	754	25	could	could	AUX
ftr-322	754	26	cause	cause	VERB
ftr-322	754	27	the	the	DET
ftr-322	754	28	results	result	NOUN
ftr-322	754	29	of	of	ADP
ftr-322	754	30	the	the	DET
ftr-322	754	31	warehouse	warehouse	NOUN
ftr-322	754	32	account	account	VERB
ftr-322	754	33	to	to	PART
ftr-322	754	34	pour	pour	VERB
ftr-322	754	35	over	over	ADP
ftr-322	754	36	into	into	ADP
ftr-322	754	37	the	the	DET
ftr-322	754	38	general	general	ADJ
ftr-322	754	39	capital	capital	NOUN
ftr-322	754	40	accounts	account	NOUN
ftr-322	754	41	,	,	PUNCT
ftr-322	754	42	provided	provide	VERB
ftr-322	754	43	that	that	SCONJ
ftr-322	754	44	sharing	share	VERB
ftr-322	754	45	ratios	ratio	NOUN
ftr-322	754	46	in	in	ADP
ftr-322	754	47	the	the	DET
ftr-322	754	48	larger	large	ADJ
ftr-322	754	49	partnership	partnership	NOUN
ftr-322	754	50	were	be	AUX
ftr-322	754	51	adjusted	adjust	VERB
ftr-322	754	52	to	to	PART
ftr-322	754	53	reflect	reflect	VERB
ftr-322	754	54	the	the	DET
ftr-322	754	55	adjusted	adjusted	ADJ
ftr-322	754	56	ratio	ratio	NOUN
ftr-322	754	57	of	of	ADP
ftr-322	754	58	capital	capital	NOUN
ftr-322	754	59	account	account	NOUN
ftr-322	754	60	balances	balance	NOUN
ftr-322	754	61	.	.	PUNCT
ftr-322	755	1	(	(	PUNCT
ftr-322	755	2	note	note	VERB
ftr-322	755	3	,	,	PUNCT
ftr-322	755	4	however	however	ADV
ftr-322	755	5	,	,	PUNCT
ftr-322	755	6	that	that	SCONJ
ftr-322	755	7	the	the	DET
ftr-322	755	8	sharing	sharing	NOUN
ftr-322	755	9	ratio	ratio	NOUN
ftr-322	755	10	would	would	AUX
ftr-322	755	11	apply	apply	VERB
ftr-322	755	12	solely	solely	ADV
ftr-322	755	13	with	with	ADP
ftr-322	755	14	respect	respect	NOUN
ftr-322	755	15	to	to	ADP
ftr-322	755	16	items	item	NOUN
ftr-322	755	17	of	of	ADP
ftr-322	755	18	capital	capital	NOUN
ftr-322	755	19	income	income	NOUN
ftr-322	755	20	,	,	PUNCT
ftr-322	755	21	not	not	PART
ftr-322	755	22	with	with	ADP
ftr-322	755	23	respect	respect	NOUN
ftr-322	755	24	to	to	ADP
ftr-322	755	25	items	item	NOUN
ftr-322	755	26	of	of	ADP
ftr-322	755	27	labor	labor	NOUN
ftr-322	755	28	income	income	NOUN
ftr-322	755	29	.	.	PUNCT
ftr-322	756	1	95	95	NUM
ftr-322	756	2	)	)	PUNCT
ftr-322	756	3	2	2	NUM
ftr-322	756	4	.	.	X
ftr-322	756	5	disproportionate	disproportionate	ADJ
ftr-322	756	6	allocation	allocation	NOUN
ftr-322	756	7	coupled	couple	VERB
ftr-322	756	8	with	with	ADP
ftr-322	756	9	special	special	ADJ
ftr-322	756	10	allocation	allocation	NOUN
ftr-322	756	11	it	it	PRON
ftr-322	756	12	is	be	AUX
ftr-322	756	13	also	also	ADV
ftr-322	756	14	possible	possible	ADJ
ftr-322	756	15	to	to	PART
ftr-322	756	16	combine	combine	VERB
ftr-322	756	17	disproportionate	disproportionate	ADJ
ftr-322	756	18	allocations	allocation	NOUN
ftr-322	756	19	with	with	ADP
ftr-322	756	20	special	special	ADJ
ftr-322	756	21	allocations	allocation	NOUN
ftr-322	756	22	that	that	PRON
ftr-322	756	23	are	be	AUX
ftr-322	756	24	recharacterized	recharacterize	VERB
ftr-322	756	25	as	as	ADP
ftr-322	756	26	ratable	ratable	ADJ
ftr-322	756	27	allocations	allocation	NOUN
ftr-322	756	28	together	together	ADV
ftr-322	756	29	with	with	ADP
ftr-322	756	30	transactions	transaction	NOUN
ftr-322	756	31	between	between	ADP
ftr-322	756	32	the	the	DET
ftr-322	756	33	partners	partner	NOUN
ftr-322	756	34	(	(	PUNCT
ftr-322	756	35	or	or	CCONJ
ftr-322	756	36	,	,	PUNCT
ftr-322	756	37	in	in	ADP
ftr-322	756	38	some	some	DET
ftr-322	756	39	cases	case	NOUN
ftr-322	756	40	,	,	PUNCT
ftr-322	756	41	between	between	ADP
ftr-322	756	42	the	the	DET
ftr-322	756	43	partnership	partnership	NOUN
ftr-322	756	44	and	and	CCONJ
ftr-322	756	45	the	the	DET
ftr-322	756	46	partners	partner	NOUN
ftr-322	756	47	but	but	CCONJ
ftr-322	756	48	not	not	PART
ftr-322	756	49	on	on	ADP
ftr-322	756	50	the	the	DET
ftr-322	756	51	basis	basis	NOUN
ftr-322	756	52	of	of	ADP
ftr-322	756	53	partnership	partnership	NOUN
ftr-322	756	54	equity	equity	PROPN
ftr-322	756	55	)	)	PUNCT
ftr-322	756	56	.	.	PUNCT
ftr-322	757	1	the	the	DET
ftr-322	757	2	purpose	purpose	NOUN
ftr-322	757	3	of	of	ADP
ftr-322	757	4	such	such	DET
ftr-322	757	5	an	an	DET
ftr-322	757	6	arrangement	arrangement	NOUN
ftr-322	757	7	would	would	AUX
ftr-322	757	8	be	be	AUX
ftr-322	757	9	to	to	PART
ftr-322	757	10	minimize	minimize	VERB
ftr-322	757	11	the	the	DET
ftr-322	757	12	extent	extent	NOUN
ftr-322	757	13	to	to	PART
ftr-322	757	14	which	which	PRON
ftr-322	757	15	an	an	DET
ftr-322	757	16	allocation	allocation	NOUN
ftr-322	757	17	that	that	PRON
ftr-322	757	18	varies	vary	VERB
ftr-322	757	19	from	from	ADP
ftr-322	757	20	the	the	DET
ftr-322	757	21	basic	basic	ADJ
ftr-322	757	22	allocation	allocation	NOUN
ftr-322	757	23	of	of	ADP
ftr-322	757	24	the	the	DET
ftr-322	757	25	partnership	partnership	NOUN
ftr-322	757	26	agreement	agreement	NOUN
ftr-322	757	27	produces	produce	VERB
ftr-322	757	28	untoward	untoward	ADJ
ftr-322	757	29	tax	tax	NOUN
ftr-322	757	30	consequences	consequence	NOUN
ftr-322	757	31	.	.	PUNCT
ftr-322	758	1	in	in	ADP
ftr-322	758	2	general	general	ADJ
ftr-322	758	3	,	,	PUNCT
ftr-322	758	4	a	a	DET
ftr-322	758	5	special	special	ADJ
ftr-322	758	6	allocation	allocation	NOUN
ftr-322	758	7	creates	create	VERB
ftr-322	758	8	assignment	assignment	NOUN
ftr-322	758	9	problems	problem	NOUN
ftr-322	758	10	because	because	SCONJ
ftr-322	758	11	it	it	PRON
ftr-322	758	12	allocates	allocate	VERB
ftr-322	758	13	part	part	NOUN
ftr-322	758	14	but	but	CCONJ
ftr-322	758	15	not	not	PART
ftr-322	758	16	all	all	DET
ftr-322	758	17	aspects	aspect	NOUN
ftr-322	758	18	of	of	ADP
ftr-322	758	19	95	95	NUM
ftr-322	758	20	.	.	PUNCT
ftr-322	759	1	see	see	VERB
ftr-322	759	2	supra	supra	ADJ
ftr-322	759	3	introduction	introduction	NOUN
ftr-322	759	4	.	.	PUNCT
ftr-322	760	1	2012	2012	NUM
ftr-322	760	2	]	]	PUNCT
ftr-322	760	3	special	special	ADJ
ftr-322	760	4	allocations	allocation	NOUN
ftr-322	760	5	revisited	revisit	VERB
ftr-322	760	6	385	385	NUM
ftr-322	760	7	ownership	ownership	NOUN
ftr-322	760	8	of	of	ADP
ftr-322	760	9	a	a	DET
ftr-322	760	10	partnership	partnership	NOUN
ftr-322	760	11	item	item	NOUN
ftr-322	760	12	to	to	ADP
ftr-322	760	13	the	the	DET
ftr-322	760	14	partners	partner	NOUN
ftr-322	760	15	in	in	ADP
ftr-322	760	16	a	a	DET
ftr-322	760	17	ratio	ratio	NOUN
ftr-322	760	18	that	that	PRON
ftr-322	760	19	differs	differ	VERB
ftr-322	760	20	from	from	ADP
ftr-322	760	21	the	the	DET
ftr-322	760	22	general	general	ADJ
ftr-322	760	23	sharing	sharing	NOUN
ftr-322	760	24	ratio	ratio	NOUN
ftr-322	760	25	.	.	PUNCT
ftr-322	761	1	accordingly	accordingly	ADV
ftr-322	761	2	,	,	PUNCT
ftr-322	761	3	one	one	PRON
ftr-322	761	4	can	can	AUX
ftr-322	761	5	view	view	VERB
ftr-322	761	6	a	a	DET
ftr-322	761	7	special	special	ADJ
ftr-322	761	8	allocation	allocation	NOUN
ftr-322	761	9	as	as	ADP
ftr-322	761	10	a	a	DET
ftr-322	761	11	departure	departure	NOUN
ftr-322	761	12	from	from	ADP
ftr-322	761	13	ratability	ratability	NOUN
ftr-322	761	14	with	with	ADP
ftr-322	761	15	respect	respect	NOUN
ftr-322	761	16	to	to	ADP
ftr-322	761	17	a	a	DET
ftr-322	761	18	feature	feature	NOUN
ftr-322	761	19	of	of	ADP
ftr-322	761	20	ownership	ownership	NOUN
ftr-322	761	21	.	.	PUNCT
ftr-322	762	1	once	once	SCONJ
ftr-322	762	2	one	one	PRON
ftr-322	762	3	can	can	AUX
ftr-322	762	4	choose	choose	VERB
ftr-322	762	5	the	the	DET
ftr-322	762	6	underlying	underlie	VERB
ftr-322	762	7	sharing	sharing	NOUN
ftr-322	762	8	ratio	ratio	NOUN
ftr-322	762	9	against	against	ADP
ftr-322	762	10	which	which	PRON
ftr-322	762	11	the	the	DET
ftr-322	762	12	departure	departure	NOUN
ftr-322	762	13	is	be	AUX
ftr-322	762	14	measured	measure	VERB
ftr-322	762	15	,	,	PUNCT
ftr-322	762	16	it	it	PRON
ftr-322	762	17	is	be	AUX
ftr-322	762	18	possible	possible	ADJ
ftr-322	762	19	to	to	PART
ftr-322	762	20	minimize	minimize	VERB
ftr-322	762	21	the	the	DET
ftr-322	762	22	adverse	adverse	ADJ
ftr-322	762	23	tax	tax	NOUN
ftr-322	762	24	consequences	consequence	NOUN
ftr-322	762	25	of	of	ADP
ftr-322	762	26	the	the	DET
ftr-322	762	27	special	special	ADJ
ftr-322	762	28	allocation	allocation	NOUN
ftr-322	762	29	by	by	ADP
ftr-322	762	30	choosing	choose	VERB
ftr-322	762	31	the	the	DET
ftr-322	762	32	disproportionate	disproportionate	ADJ
ftr-322	762	33	allocation	allocation	NOUN
ftr-322	762	34	from	from	ADP
ftr-322	762	35	which	which	PRON
ftr-322	762	36	the	the	DET
ftr-322	762	37	least	least	ADJ
ftr-322	762	38	tax	tax	NOUN
ftr-322	762	39	distortion	distortion	NOUN
ftr-322	762	40	arises	arise	VERB
ftr-322	762	41	under	under	ADP
ftr-322	762	42	the	the	DET
ftr-322	762	43	special	special	ADJ
ftr-322	762	44	allocation	allocation	NOUN
ftr-322	762	45	.	.	PUNCT
ftr-322	763	1	the	the	DET
ftr-322	763	2	taxable	taxable	ADJ
ftr-322	763	3	and	and	CCONJ
ftr-322	763	4	tax	tax	NOUN
ftr-322	763	5	-	-	PUNCT
ftr-322	763	6	exempt	exempt	ADJ
ftr-322	763	7	securities	security	NOUN
ftr-322	763	8	example	example	NOUN
ftr-322	763	9	discussed	discuss	VERB
ftr-322	763	10	previously	previously	ADV
ftr-322	763	11	illustrates	illustrate	VERB
ftr-322	763	12	how	how	SCONJ
ftr-322	763	13	such	such	ADJ
ftr-322	763	14	rules	rule	NOUN
ftr-322	763	15	might	might	AUX
ftr-322	763	16	operate	operate	VERB
ftr-322	763	17	.	.	PUNCT
ftr-322	764	1	in	in	ADP
ftr-322	764	2	that	that	DET
ftr-322	764	3	example	example	NOUN
ftr-322	764	4	(	(	PUNCT
ftr-322	764	5	as	as	SCONJ
ftr-322	764	6	set	set	VERB
ftr-322	764	7	out	out	ADP
ftr-322	764	8	in	in	ADP
ftr-322	764	9	the	the	DET
ftr-322	764	10	treasury	treasury	NOUN
ftr-322	764	11	regulations	regulation	NOUN
ftr-322	764	12	)	)	PUNCT
ftr-322	764	13	,	,	PUNCT
ftr-322	764	14	the	the	DET
ftr-322	764	15	high	high	ADJ
ftr-322	764	16	-	-	PUNCT
ftr-322	764	17	tax	tax	NOUN
ftr-322	764	18	partner	partner	NOUN
ftr-322	764	19	,	,	PUNCT
ftr-322	764	20	whom	whom	PRON
ftr-322	764	21	i	i	PRON
ftr-322	764	22	refer	refer	VERB
ftr-322	764	23	to	to	ADP
ftr-322	764	24	as	as	ADP
ftr-322	764	25	h	h	NOUN
ftr-322	764	26	,	,	PUNCT
ftr-322	764	27	is	be	AUX
ftr-322	764	28	allocated	allocate	VERB
ftr-322	764	29	80	80	NUM
ftr-322	764	30	percent	percent	NOUN
ftr-322	764	31	of	of	ADP
ftr-322	764	32	partnership	partnership	NOUN
ftr-322	764	33	tax	tax	NOUN
ftr-322	764	34	-	-	PUNCT
ftr-322	764	35	exempt	exempt	ADJ
ftr-322	764	36	income	income	NOUN
ftr-322	764	37	,	,	PUNCT
ftr-322	764	38	and	and	CCONJ
ftr-322	764	39	the	the	DET
ftr-322	764	40	low	low	ADJ
ftr-322	764	41	-	-	PUNCT
ftr-322	764	42	tax	tax	NOUN
ftr-322	764	43	partner	partner	NOUN
ftr-322	764	44	,	,	PUNCT
ftr-322	764	45	whom	whom	PRON
ftr-322	764	46	i	i	PRON
ftr-322	764	47	refer	refer	VERB
ftr-322	764	48	to	to	ADP
ftr-322	764	49	as	as	ADP
ftr-322	764	50	l	l	NOUN
ftr-322	764	51	,	,	PUNCT
ftr-322	764	52	is	be	AUX
ftr-322	764	53	allocated	allocate	VERB
ftr-322	764	54	the	the	DET
ftr-322	764	55	remaining	remain	VERB
ftr-322	764	56	partnership	partnership	NOUN
ftr-322	764	57	income	income	NOUN
ftr-322	764	58	.	.	PUNCT
ftr-322	765	1	the	the	DET
ftr-322	765	2	partners	partner	NOUN
ftr-322	765	3	share	share	VERB
ftr-322	765	4	in	in	ADP
ftr-322	765	5	all	all	DET
ftr-322	765	6	other	other	ADJ
ftr-322	765	7	items	item	NOUN
ftr-322	765	8	of	of	ADP
ftr-322	765	9	partnership	partnership	NOUN
ftr-322	765	10	igld	igld	VERB
ftr-322	765	11	equally	equally	ADV
ftr-322	765	12	.	.	PUNCT
ftr-322	766	1	96	96	NUM
ftr-322	766	2	the	the	DET
ftr-322	766	3	facts	fact	NOUN
ftr-322	766	4	state	state	NOUN
ftr-322	766	5	that	that	SCONJ
ftr-322	766	6	the	the	DET
ftr-322	766	7	partnership	partnership	NOUN
ftr-322	766	8	is	be	AUX
ftr-322	766	9	expected	expect	VERB
ftr-322	766	10	to	to	PART
ftr-322	766	11	realize	realize	VERB
ftr-322	766	12	between	between	ADP
ftr-322	766	13	$	$	SYM
ftr-322	766	14	450	450	NUM
ftr-322	766	15	and	and	CCONJ
ftr-322	766	16	$	$	SYM
ftr-322	766	17	550	550	NUM
ftr-322	766	18	of	of	ADP
ftr-322	766	19	each	each	DET
ftr-322	766	20	type	type	NOUN
ftr-322	766	21	of	of	ADP
ftr-322	766	22	interest	interest	NOUN
ftr-322	766	23	income	income	NOUN
ftr-322	766	24	annually	annually	ADV
ftr-322	766	25	.	.	PUNCT
ftr-322	767	1	the	the	DET
ftr-322	767	2	consequences	consequence	NOUN
ftr-322	767	3	of	of	ADP
ftr-322	767	4	the	the	DET
ftr-322	767	5	special	special	ADJ
ftr-322	767	6	allocation	allocation	NOUN
ftr-322	767	7	under	under	ADP
ftr-322	767	8	the	the	DET
ftr-322	767	9	pure	pure	ADJ
ftr-322	767	10	aggregate	aggregate	ADJ
ftr-322	767	11	theory	theory	NOUN
ftr-322	767	12	are	be	AUX
ftr-322	767	13	set	set	VERB
ftr-322	767	14	out	out	ADP
ftr-322	767	15	in	in	ADP
ftr-322	767	16	part	part	NOUN
ftr-322	767	17	iv	iv	NUM
ftr-322	767	18	.	.	PUNCT
ftr-322	768	1	under	under	ADP
ftr-322	768	2	the	the	DET
ftr-322	768	3	disproportionate	disproportionate	ADJ
ftr-322	768	4	approach	approach	NOUN
ftr-322	768	5	presently	presently	ADV
ftr-322	768	6	under	under	ADP
ftr-322	768	7	consideration	consideration	NOUN
ftr-322	768	8	,	,	PUNCT
ftr-322	768	9	the	the	DET
ftr-322	768	10	adverse	adverse	ADJ
ftr-322	768	11	consequences	consequence	NOUN
ftr-322	768	12	of	of	ADP
ftr-322	768	13	the	the	DET
ftr-322	768	14	special	special	ADJ
ftr-322	768	15	allocation	allocation	NOUN
ftr-322	768	16	could	could	AUX
ftr-322	768	17	be	be	AUX
ftr-322	768	18	mitigated	mitigate	VERB
ftr-322	768	19	to	to	ADP
ftr-322	768	20	some	some	DET
ftr-322	768	21	extent	extent	NOUN
ftr-322	768	22	.	.	PUNCT
ftr-322	769	1	consider	consider	VERB
ftr-322	769	2	that	that	SCONJ
ftr-322	769	3	all	all	DET
ftr-322	769	4	income	income	NOUN
ftr-322	769	5	of	of	ADP
ftr-322	769	6	the	the	DET
ftr-322	769	7	partnership	partnership	NOUN
ftr-322	769	8	derives	derive	VERB
ftr-322	769	9	either	either	CCONJ
ftr-322	769	10	from	from	ADP
ftr-322	769	11	distributions	distribution	NOUN
ftr-322	769	12	on	on	ADP
ftr-322	769	13	the	the	DET
ftr-322	769	14	securities	security	NOUN
ftr-322	769	15	or	or	CCONJ
ftr-322	769	16	from	from	ADP
ftr-322	769	17	dispositions	disposition	NOUN
ftr-322	769	18	of	of	ADP
ftr-322	769	19	the	the	DET
ftr-322	769	20	securities	security	NOUN
ftr-322	769	21	(	(	PUNCT
ftr-322	769	22	which	which	PRON
ftr-322	769	23	also	also	ADV
ftr-322	769	24	can	can	AUX
ftr-322	769	25	generate	generate	VERB
ftr-322	769	26	loss	loss	NOUN
ftr-322	769	27	)	)	PUNCT
ftr-322	769	28	.	.	PUNCT
ftr-322	770	1	rather	rather	ADV
ftr-322	770	2	than	than	SCONJ
ftr-322	770	3	begin	begin	VERB
ftr-322	770	4	with	with	ADP
ftr-322	770	5	equal	equal	ADJ
ftr-322	770	6	ownership	ownership	NOUN
ftr-322	770	7	of	of	ADP
ftr-322	770	8	the	the	DET
ftr-322	770	9	securities	security	NOUN
ftr-322	770	10	(	(	PUNCT
ftr-322	770	11	so	so	SCONJ
ftr-322	770	12	that	that	SCONJ
ftr-322	770	13	non	non	ADJ
ftr-322	770	14	-	-	ADJ
ftr-322	770	15	ratable	ratable	ADJ
ftr-322	770	16	allocations	allocation	NOUN
ftr-322	770	17	of	of	ADP
ftr-322	770	18	distributions	distribution	NOUN
ftr-322	770	19	trigger	trigger	NOUN
ftr-322	770	20	deemed	deem	VERB
ftr-322	770	21	transactions	transaction	NOUN
ftr-322	770	22	under	under	ADP
ftr-322	770	23	the	the	DET
ftr-322	770	24	aggregate	aggregate	ADJ
ftr-322	770	25	theory	theory	NOUN
ftr-322	770	26	but	but	CCONJ
ftr-322	770	27	gains	gain	NOUN
ftr-322	770	28	and	and	CCONJ
ftr-322	770	29	losses	loss	NOUN
ftr-322	770	30	on	on	ADP
ftr-322	770	31	dispositions	disposition	NOUN
ftr-322	770	32	,	,	PUNCT
ftr-322	770	33	at	at	ADP
ftr-322	770	34	least	least	ADJ
ftr-322	770	35	initially	initially	ADV
ftr-322	770	36	,	,	PUNCT
ftr-322	770	37	do	do	VERB
ftr-322	770	38	not	not	PART
ftr-322	770	39	)	)	PUNCT
ftr-322	770	40	,	,	PUNCT
ftr-322	770	41	one	one	PRON
ftr-322	770	42	might	might	AUX
ftr-322	770	43	begin	begin	VERB
ftr-322	770	44	with	with	ADP
ftr-322	770	45	ownership	ownership	NOUN
ftr-322	770	46	ratios	ratio	NOUN
ftr-322	770	47	that	that	PRON
ftr-322	770	48	reflect	reflect	VERB
ftr-322	770	49	,	,	PUNCT
ftr-322	770	50	or	or	CCONJ
ftr-322	770	51	more	more	ADV
ftr-322	770	52	nearly	nearly	ADV
ftr-322	770	53	reflect	reflect	VERB
ftr-322	770	54	,	,	PUNCT
ftr-322	770	55	the	the	DET
ftr-322	770	56	sharing	sharing	NOUN
ftr-322	770	57	agreement	agreement	NOUN
ftr-322	770	58	on	on	ADP
ftr-322	770	59	distributions	distribution	NOUN
ftr-322	770	60	.	.	PUNCT
ftr-322	771	1	if	if	SCONJ
ftr-322	771	2	h	h	NOUN
ftr-322	771	3	is	be	AUX
ftr-322	771	4	to	to	PART
ftr-322	771	5	receive	receive	VERB
ftr-322	771	6	80	80	NUM
ftr-322	771	7	percent	percent	NOUN
ftr-322	771	8	of	of	ADP
ftr-322	771	9	the	the	DET
ftr-322	771	10	distributions	distribution	NOUN
ftr-322	771	11	,	,	PUNCT
ftr-322	771	12	then	then	ADV
ftr-322	771	13	h	h	NOUN
ftr-322	771	14	might	might	AUX
ftr-322	771	15	be	be	AUX
ftr-322	771	16	deemed	deem	VERB
ftr-322	771	17	to	to	PART
ftr-322	771	18	own	own	VERB
ftr-322	771	19	80	80	NUM
ftr-322	771	20	percent	percent	NOUN
ftr-322	771	21	of	of	ADP
ftr-322	771	22	the	the	DET
ftr-322	771	23	tax	tax	NOUN
ftr-322	771	24	-	-	PUNCT
ftr-322	771	25	exempt	exempt	ADJ
ftr-322	771	26	obligations	obligation	NOUN
ftr-322	771	27	and	and	CCONJ
ftr-322	771	28	a	a	DET
ftr-322	771	29	reduced	reduce	VERB
ftr-322	771	30	(	(	PUNCT
ftr-322	771	31	or	or	CCONJ
ftr-322	771	32	perhaps	perhaps	ADV
ftr-322	771	33	even	even	ADV
ftr-322	771	34	zero	zero	NUM
ftr-322	771	35	)	)	PUNCT
ftr-322	771	36	interest	interest	NOUN
ftr-322	771	37	in	in	ADP
ftr-322	771	38	the	the	DET
ftr-322	771	39	taxable	taxable	ADJ
ftr-322	771	40	obligations	obligation	NOUN
ftr-322	771	41	.	.	PUNCT
ftr-322	772	1	distributions	distribution	NOUN
ftr-322	772	2	on	on	ADP
ftr-322	772	3	the	the	DET
ftr-322	772	4	securities	security	NOUN
ftr-322	772	5	then	then	ADV
ftr-322	772	6	would	would	AUX
ftr-322	772	7	be	be	AUX
ftr-322	772	8	allocated	allocate	VERB
ftr-322	772	9	with	with	ADP
ftr-322	772	10	little	little	ADJ
ftr-322	772	11	or	or	CCONJ
ftr-322	772	12	no	no	PRON
ftr-322	772	13	recharacterization	recharacterization	NOUN
ftr-322	772	14	,	,	PUNCT
ftr-322	772	15	but	but	CCONJ
ftr-322	772	16	gains	gain	NOUN
ftr-322	772	17	and	and	CCONJ
ftr-322	772	18	losses	loss	NOUN
ftr-322	772	19	on	on	ADP
ftr-322	772	20	dispositions	disposition	NOUN
ftr-322	772	21	of	of	ADP
ftr-322	772	22	the	the	DET
ftr-322	772	23	securities	security	NOUN
ftr-322	772	24	would	would	AUX
ftr-322	772	25	be	be	AUX
ftr-322	772	26	re	re	VERB
ftr-322	772	27	-	-	VERB
ftr-322	772	28	allocated	allocate	VERB
ftr-322	772	29	,	,	PUNCT
ftr-322	772	30	in	in	ADP
ftr-322	772	31	effect	effect	NOUN
ftr-322	772	32	reversing	reverse	VERB
ftr-322	772	33	the	the	DET
ftr-322	772	34	consequences	consequence	NOUN
ftr-322	772	35	under	under	ADP
ftr-322	772	36	the	the	DET
ftr-322	772	37	existing	exist	VERB
ftr-322	772	38	rules	rule	NOUN
ftr-322	772	39	and	and	CCONJ
ftr-322	772	40	applying	apply	VERB
ftr-322	772	41	the	the	DET
ftr-322	772	42	aggregate	aggregate	ADJ
ftr-322	772	43	theory	theory	NOUN
ftr-322	772	44	to	to	ADP
ftr-322	772	45	the	the	DET
ftr-322	772	46	special	special	ADJ
ftr-322	772	47	allocation	allocation	NOUN
ftr-322	772	48	.	.	PUNCT
ftr-322	773	1	to	to	PART
ftr-322	773	2	see	see	VERB
ftr-322	773	3	how	how	SCONJ
ftr-322	773	4	such	such	DET
ftr-322	773	5	an	an	DET
ftr-322	773	6	arrangement	arrangement	NOUN
ftr-322	773	7	might	might	AUX
ftr-322	773	8	play	play	VERB
ftr-322	773	9	out	out	ADP
ftr-322	773	10	,	,	PUNCT
ftr-322	773	11	it	it	PRON
ftr-322	773	12	is	be	AUX
ftr-322	773	13	worth	worth	ADJ
ftr-322	773	14	developing	develop	VERB
ftr-322	773	15	the	the	DET
ftr-322	773	16	example	example	NOUN
ftr-322	773	17	in	in	ADP
ftr-322	773	18	somewhat	somewhat	ADV
ftr-322	773	19	more	more	ADJ
ftr-322	773	20	detail	detail	NOUN
ftr-322	773	21	.	.	PUNCT
ftr-322	774	1	in	in	ADP
ftr-322	774	2	general	general	ADJ
ftr-322	774	3	,	,	PUNCT
ftr-322	774	4	the	the	DET
ftr-322	774	5	return	return	NOUN
ftr-322	774	6	on	on	ADP
ftr-322	774	7	tax	tax	NOUN
ftr-322	774	8	-	-	PUNCT
ftr-322	774	9	exempt	exempt	ADJ
ftr-322	774	10	debt	debt	NOUN
ftr-322	774	11	is	be	AUX
ftr-322	774	12	discounted	discount	VERB
ftr-322	774	13	to	to	PART
ftr-322	774	14	reflect	reflect	VERB
ftr-322	774	15	the	the	DET
ftr-322	774	16	tax	tax	NOUN
ftr-322	774	17	benefit	benefit	NOUN
ftr-322	774	18	,	,	PUNCT
ftr-322	774	19	meaning	mean	VERB
ftr-322	774	20	that	that	SCONJ
ftr-322	774	21	the	the	DET
ftr-322	774	22	fair	fair	ADJ
ftr-322	774	23	market	market	NOUN
ftr-322	774	24	values	value	NOUN
ftr-322	774	25	of	of	ADP
ftr-322	774	26	the	the	DET
ftr-322	774	27	two	two	NUM
ftr-322	774	28	sets	set	NOUN
ftr-322	774	29	of	of	ADP
ftr-322	774	30	securities	security	NOUN
ftr-322	774	31	can	can	AUX
ftr-322	774	32	not	not	PART
ftr-322	774	33	be	be	AUX
ftr-322	774	34	approximately	approximately	ADV
ftr-322	774	35	the	the	DET
ftr-322	774	36	same	same	ADJ
ftr-322	774	37	given	give	VERB
ftr-322	774	38	that	that	SCONJ
ftr-322	774	39	the	the	DET
ftr-322	774	40	expected	expect	VERB
ftr-322	774	41	distributions	distribution	NOUN
ftr-322	774	42	are	be	AUX
ftr-322	774	43	expected	expect	VERB
ftr-322	774	44	to	to	PART
ftr-322	774	45	be	be	AUX
ftr-322	774	46	approximately	approximately	ADV
ftr-322	774	47	the	the	DET
ftr-322	774	48	same	same	ADJ
ftr-322	774	49	.	.	PUNCT
ftr-322	775	1	the	the	DET
ftr-322	775	2	tax	tax	NOUN
ftr-322	775	3	-	-	PUNCT
ftr-322	775	4	exempt	exempt	ADJ
ftr-322	775	5	securities	security	NOUN
ftr-322	775	6	must	must	AUX
ftr-322	775	7	have	have	VERB
ftr-322	775	8	a	a	DET
ftr-322	775	9	higher	high	ADJ
ftr-322	775	10	face	face	NOUN
ftr-322	775	11	amount	amount	NOUN
ftr-322	775	12	since	since	SCONJ
ftr-322	775	13	they	they	PRON
ftr-322	775	14	generate	generate	VERB
ftr-322	775	15	less	less	ADJ
ftr-322	775	16	interest	interest	NOUN
ftr-322	775	17	per	per	ADP
ftr-322	775	18	dollar	dollar	NOUN
ftr-322	775	19	invested	invest	VERB
ftr-322	775	20	,	,	PUNCT
ftr-322	775	21	but	but	CCONJ
ftr-322	775	22	the	the	DET
ftr-322	775	23	total	total	ADJ
ftr-322	775	24	interest	interest	NOUN
ftr-322	775	25	paid	pay	VERB
ftr-322	775	26	(	(	PUNCT
ftr-322	775	27	on	on	ADP
ftr-322	775	28	a	a	DET
ftr-322	775	29	pretax	pretax	ADJ
ftr-322	775	30	basis	basis	NOUN
ftr-322	775	31	)	)	PUNCT
ftr-322	775	32	is	be	AUX
ftr-322	775	33	roughly	roughly	ADV
ftr-322	775	34	equal	equal	ADJ
ftr-322	775	35	for	for	ADP
ftr-322	775	36	the	the	DET
ftr-322	775	37	two	two	NUM
ftr-322	775	38	types	type	NOUN
ftr-322	775	39	of	of	ADP
ftr-322	775	40	instrument	instrument	NOUN
ftr-322	775	41	.	.	PUNCT
ftr-322	776	1	the	the	DET
ftr-322	776	2	size	size	NOUN
ftr-322	776	3	of	of	ADP
ftr-322	776	4	the	the	DET
ftr-322	776	5	discount	discount	NOUN
ftr-322	776	6	on	on	ADP
ftr-322	776	7	tax	tax	NOUN
ftr-322	776	8	-	-	PUNCT
ftr-322	776	9	exempt	exempt	ADJ
ftr-322	776	10	debt	debt	NOUN
ftr-322	776	11	tends	tend	VERB
ftr-322	776	12	toward	toward	ADP
ftr-322	776	13	(	(	PUNCT
ftr-322	776	14	though	though	SCONJ
ftr-322	776	15	generally	generally	ADV
ftr-322	776	16	does	do	AUX
ftr-322	776	17	not	not	PART
ftr-322	776	18	96	96	NUM
ftr-322	776	19	.	.	PUNCT
ftr-322	777	1	reg	reg	NOUN
ftr-322	777	2	.	.	PUNCT
ftr-322	778	1	§	§	PROPN
ftr-322	778	2	1.704	1.704	NUM
ftr-322	778	3	-	-	NUM
ftr-322	778	4	1(b)(5	1(b)(5	NUM
ftr-322	778	5	)	)	PUNCT
ftr-322	778	6	ex	ex	NOUN
ftr-322	778	7	.	.	PUNCT
ftr-322	778	8	(	(	PUNCT
ftr-322	778	9	5)(i	5)(i	NUM
ftr-322	778	10	)	)	PUNCT
ftr-322	778	11	.	.	PUNCT
ftr-322	779	1	in	in	ADP
ftr-322	779	2	the	the	DET
ftr-322	779	3	example	example	NOUN
ftr-322	779	4	,	,	PUNCT
ftr-322	779	5	h	h	NOUN
ftr-322	779	6	and	and	CCONJ
ftr-322	779	7	l	l	NOUN
ftr-322	779	8	are	be	AUX
ftr-322	779	9	i	i	PRON
ftr-322	779	10	and	and	CCONJ
ftr-322	779	11	j	j	PROPN
ftr-322	779	12	respectively	respectively	ADV
ftr-322	779	13	.	.	PUNCT
ftr-322	780	1	386	386	NUM
ftr-322	780	2	florida	florida	PROPN
ftr-322	780	3	tax	tax	NOUN
ftr-322	780	4	review	review	NOUN
ftr-322	780	5	[	[	X
ftr-322	780	6	vol	vol	NOUN
ftr-322	780	7	.	.	PUNCT
ftr-322	781	1	13:7	13:7	NUM
ftr-322	781	2	reach	reach	VERB
ftr-322	781	3	97	97	NUM
ftr-322	781	4	)	)	PUNCT
ftr-322	781	5	an	an	DET
ftr-322	781	6	interest	interest	NOUN
ftr-322	781	7	rate	rate	NOUN
ftr-322	781	8	such	such	ADJ
ftr-322	781	9	that	that	SCONJ
ftr-322	781	10	the	the	DET
ftr-322	781	11	after	after	ADP
ftr-322	781	12	-	-	PUNCT
ftr-322	781	13	tax	tax	NOUN
ftr-322	781	14	yield	yield	NOUN
ftr-322	781	15	on	on	ADP
ftr-322	781	16	taxable	taxable	ADJ
ftr-322	781	17	debt	debt	NOUN
ftr-322	781	18	subject	subject	ADJ
ftr-322	781	19	to	to	ADP
ftr-322	781	20	the	the	DET
ftr-322	781	21	highest	high	ADJ
ftr-322	781	22	marginal	marginal	ADJ
ftr-322	781	23	rate	rate	NOUN
ftr-322	781	24	approximates	approximate	VERB
ftr-322	781	25	the	the	DET
ftr-322	781	26	yield	yield	NOUN
ftr-322	781	27	on	on	ADP
ftr-322	781	28	tax	tax	NOUN
ftr-322	781	29	-	-	PUNCT
ftr-322	781	30	exempt	exempt	ADJ
ftr-322	781	31	debt	debt	NOUN
ftr-322	781	32	.	.	PUNCT
ftr-322	782	1	98	98	NUM
ftr-322	783	1	if	if	SCONJ
ftr-322	783	2	the	the	DET
ftr-322	783	3	maximum	maximum	ADJ
ftr-322	783	4	individual	individual	ADJ
ftr-322	783	5	tax	tax	NOUN
ftr-322	783	6	rate	rate	NOUN
ftr-322	783	7	is	be	AUX
ftr-322	783	8	35	35	NUM
ftr-322	783	9	percent	percent	NOUN
ftr-322	783	10	,	,	PUNCT
ftr-322	783	11	it	it	PRON
ftr-322	783	12	is	be	AUX
ftr-322	783	13	reasonable	reasonable	ADJ
ftr-322	783	14	to	to	PART
ftr-322	783	15	assume	assume	VERB
ftr-322	783	16	that	that	SCONJ
ftr-322	783	17	the	the	DET
ftr-322	783	18	rate	rate	NOUN
ftr-322	783	19	on	on	ADP
ftr-322	783	20	tax	tax	NOUN
ftr-322	783	21	-	-	PUNCT
ftr-322	783	22	exempt	exempt	ADJ
ftr-322	783	23	debt	debt	NOUN
ftr-322	783	24	reflects	reflect	VERB
ftr-322	783	25	a	a	DET
ftr-322	783	26	30	30	NUM
ftr-322	783	27	percent	percent	NOUN
ftr-322	783	28	discount	discount	NOUN
ftr-322	783	29	from	from	ADP
ftr-322	783	30	the	the	DET
ftr-322	783	31	rate	rate	NOUN
ftr-322	783	32	on	on	ADP
ftr-322	783	33	taxable	taxable	ADJ
ftr-322	783	34	debt	debt	NOUN
ftr-322	783	35	.	.	PUNCT
ftr-322	784	1	suppose	suppose	VERB
ftr-322	784	2	that	that	SCONJ
ftr-322	784	3	the	the	DET
ftr-322	784	4	pre	pre	ADJ
ftr-322	784	5	-	-	ADJ
ftr-322	784	6	tax	tax	ADJ
ftr-322	784	7	rate	rate	NOUN
ftr-322	784	8	of	of	ADP
ftr-322	784	9	return	return	NOUN
ftr-322	784	10	on	on	ADP
ftr-322	784	11	taxable	taxable	ADJ
ftr-322	784	12	debt	debt	NOUN
ftr-322	784	13	is	be	AUX
ftr-322	784	14	10	10	NUM
ftr-322	784	15	percent	percent	NOUN
ftr-322	784	16	and	and	CCONJ
ftr-322	784	17	therefore	therefore	ADV
ftr-322	784	18	that	that	SCONJ
ftr-322	784	19	the	the	DET
ftr-322	784	20	rate	rate	NOUN
ftr-322	784	21	on	on	ADP
ftr-322	784	22	tax	tax	NOUN
ftr-322	784	23	-	-	PUNCT
ftr-322	784	24	exempt	exempt	ADJ
ftr-322	784	25	debt	debt	NOUN
ftr-322	784	26	is	be	AUX
ftr-322	784	27	seven	seven	NUM
ftr-322	784	28	percent	percent	NOUN
ftr-322	784	29	.	.	PUNCT
ftr-322	785	1	if	if	SCONJ
ftr-322	785	2	total	total	ADJ
ftr-322	785	3	distributions	distribution	NOUN
ftr-322	785	4	are	be	AUX
ftr-322	785	5	expected	expect	VERB
ftr-322	785	6	to	to	PART
ftr-322	785	7	be	be	AUX
ftr-322	785	8	$	$	SYM
ftr-322	785	9	500	500	NUM
ftr-322	785	10	for	for	ADP
ftr-322	785	11	each	each	DET
ftr-322	785	12	type	type	NOUN
ftr-322	785	13	of	of	ADP
ftr-322	785	14	security	security	NOUN
ftr-322	785	15	,	,	PUNCT
ftr-322	785	16	the	the	DET
ftr-322	785	17	partnership‘s	partnership‘s	PROPN
ftr-322	785	18	basket	basket	NOUN
ftr-322	785	19	of	of	ADP
ftr-322	785	20	taxable	taxable	ADJ
ftr-322	785	21	securities	security	NOUN
ftr-322	785	22	would	would	AUX
ftr-322	785	23	be	be	AUX
ftr-322	785	24	worth	worth	ADJ
ftr-322	785	25	approximately	approximately	ADV
ftr-322	785	26	$	$	SYM
ftr-322	785	27	5,000	5,000	NUM
ftr-322	785	28	while	while	SCONJ
ftr-322	785	29	the	the	DET
ftr-322	785	30	basket	basket	NOUN
ftr-322	785	31	of	of	ADP
ftr-322	785	32	tax	tax	NOUN
ftr-322	785	33	-	-	PUNCT
ftr-322	785	34	exempt	exempt	ADJ
ftr-322	785	35	securities	security	NOUN
ftr-322	785	36	would	would	AUX
ftr-322	785	37	be	be	AUX
ftr-322	785	38	worth	worth	ADJ
ftr-322	785	39	approximately	approximately	ADV
ftr-322	785	40	$	$	SYM
ftr-322	785	41	7,142	7,142	NUM
ftr-322	785	42	.	.	PUNCT
ftr-322	786	1	99	99	NUM
ftr-322	786	2	table	table	NOUN
ftr-322	786	3	7	7	NUM
ftr-322	786	4	sets	set	NOUN
ftr-322	786	5	forth	forth	ADP
ftr-322	786	6	the	the	DET
ftr-322	786	7	capital	capital	NOUN
ftr-322	786	8	accounts	account	NOUN
ftr-322	786	9	of	of	ADP
ftr-322	786	10	the	the	DET
ftr-322	786	11	partnership	partnership	NOUN
ftr-322	786	12	on	on	ADP
ftr-322	786	13	these	these	DET
ftr-322	786	14	assumptions	assumption	NOUN
ftr-322	786	15	.	.	PUNCT
ftr-322	787	1	again	again	ADV
ftr-322	787	2	to	to	PART
ftr-322	787	3	keep	keep	VERB
ftr-322	787	4	things	thing	NOUN
ftr-322	787	5	simple	simple	ADJ
ftr-322	787	6	,	,	PUNCT
ftr-322	787	7	the	the	DET
ftr-322	787	8	example	example	NOUN
ftr-322	787	9	supposes	suppose	VERB
ftr-322	787	10	that	that	SCONJ
ftr-322	787	11	the	the	DET
ftr-322	787	12	partnership	partnership	NOUN
ftr-322	787	13	purchases	purchase	VERB
ftr-322	787	14	the	the	DET
ftr-322	787	15	securities	security	NOUN
ftr-322	787	16	using	use	VERB
ftr-322	787	17	cash	cash	NOUN
ftr-322	787	18	contributed	contribute	VERB
ftr-322	787	19	by	by	ADP
ftr-322	787	20	the	the	DET
ftr-322	787	21	partners	partner	NOUN
ftr-322	787	22	.	.	PUNCT
ftr-322	788	1	table	table	NOUN
ftr-322	788	2	7	7	NUM
ftr-322	788	3	:	:	PUNCT
ftr-322	788	4	hl	hl	NOUN
ftr-322	788	5	initial	initial	ADJ
ftr-322	788	6	balance	balance	NOUN
ftr-322	788	7	sheet	sheet	NOUN
ftr-322	788	8	–	–	PUNCT
ftr-322	788	9	capital	capital	NOUN
ftr-322	788	10	accounting	accounting	NOUN
ftr-322	788	11	rules	rule	NOUN
ftr-322	788	12	partnership	partnership	NOUN
ftr-322	788	13	assets	asset	NOUN
ftr-322	788	14	partnership	partnership	NOUN
ftr-322	788	15	liabilities	liability	NOUN
ftr-322	788	16	:	:	PUNCT
ftr-322	788	17	$	$	SYM
ftr-322	788	18	0	0	NUM
ftr-322	788	19	capital	capital	NOUN
ftr-322	788	20	accounts	account	NOUN
ftr-322	788	21	asset	asset	NOUN
ftr-322	788	22	a	a	DET
ftr-322	788	23	/	/	SYM
ftr-322	788	24	b	b	PROPN
ftr-322	788	25	book	book	NOUN
ftr-322	788	26	partner	partner	NOUN
ftr-322	788	27	a	a	PRON
ftr-322	788	28	/	/	SYM
ftr-322	788	29	b	b	PROPN
ftr-322	788	30	book	book	NOUN
ftr-322	788	31	taxable	taxable	ADJ
ftr-322	788	32	securities	security	NOUN
ftr-322	788	33	$	$	SYM
ftr-322	788	34	5,000	5,000	NUM
ftr-322	788	35	$	$	SYM
ftr-322	788	36	5,000	5,000	NUM
ftr-322	788	37	h	h	NOUN
ftr-322	788	38	$	$	SYM
ftr-322	788	39	6,071	6,071	NUM
ftr-322	788	40	$	$	SYM
ftr-322	788	41	6,071	6,071	NUM
ftr-322	788	42	tax	tax	NOUN
ftr-322	788	43	-	-	PUNCT
ftr-322	788	44	exempt	exempt	ADJ
ftr-322	788	45	securities	security	NOUN
ftr-322	788	46	7,142	7,142	NUM
ftr-322	788	47	7,142	7,142	NUM
ftr-322	788	48	l	l	NOUN
ftr-322	788	49	6,071	6,071	NUM
ftr-322	788	50	6,071	6,071	NUM
ftr-322	788	51	total	total	ADJ
ftr-322	788	52	$	$	SYM
ftr-322	788	53	12,142	12,142	NUM
ftr-322	788	54	$	$	SYM
ftr-322	788	55	12,142	12,142	NUM
ftr-322	788	56	total	total	ADJ
ftr-322	788	57	$	$	SYM
ftr-322	788	58	12,142	12,142	NUM
ftr-322	788	59	$	$	SYM
ftr-322	788	60	12,142	12,142	NUM
ftr-322	788	61	under	under	ADP
ftr-322	788	62	the	the	DET
ftr-322	788	63	terms	term	NOUN
ftr-322	788	64	of	of	ADP
ftr-322	788	65	the	the	DET
ftr-322	788	66	example	example	NOUN
ftr-322	788	67	,	,	PUNCT
ftr-322	788	68	the	the	DET
ftr-322	788	69	partners	partner	NOUN
ftr-322	788	70	contribute	contribute	VERB
ftr-322	788	71	equal	equal	ADJ
ftr-322	788	72	amounts	amount	NOUN
ftr-322	788	73	of	of	ADP
ftr-322	788	74	cash	cash	NOUN
ftr-322	788	75	in	in	ADP
ftr-322	788	76	exchange	exchange	NOUN
ftr-322	788	77	for	for	ADP
ftr-322	788	78	their	their	PRON
ftr-322	788	79	partnership	partnership	NOUN
ftr-322	788	80	interests	interest	NOUN
ftr-322	788	81	.	.	PUNCT
ftr-322	789	1	the	the	DET
ftr-322	789	2	partnership	partnership	NOUN
ftr-322	789	3	then	then	ADV
ftr-322	789	4	purchases	purchase	VERB
ftr-322	789	5	the	the	DET
ftr-322	789	6	securities	security	NOUN
ftr-322	789	7	and	and	CCONJ
ftr-322	789	8	allocates	allocate	VERB
ftr-322	789	9	partnership	partnership	NOUN
ftr-322	789	10	items	item	NOUN
ftr-322	789	11	according	accord	VERB
ftr-322	789	12	to	to	ADP
ftr-322	789	13	the	the	DET
ftr-322	789	14	partnership	partnership	NOUN
ftr-322	789	15	agreement	agreement	NOUN
ftr-322	789	16	.	.	PUNCT
ftr-322	790	1	as	as	SCONJ
ftr-322	790	2	discussed	discuss	VERB
ftr-322	790	3	above	above	ADV
ftr-322	790	4	,	,	PUNCT
ftr-322	790	5	the	the	DET
ftr-322	790	6	consequences	consequence	NOUN
ftr-322	790	7	of	of	ADP
ftr-322	790	8	doing	do	VERB
ftr-322	790	9	so	so	ADV
ftr-322	790	10	if	if	SCONJ
ftr-322	790	11	the	the	DET
ftr-322	790	12	aggregate	aggregate	ADJ
ftr-322	790	13	theory	theory	NOUN
ftr-322	790	14	applies	apply	VERB
ftr-322	790	15	include	include	VERB
ftr-322	790	16	deemed	deem	VERB
ftr-322	790	17	taxable	taxable	ADJ
ftr-322	790	18	transactions	transaction	NOUN
ftr-322	790	19	between	between	ADP
ftr-322	790	20	the	the	DET
ftr-322	790	21	partners	partner	NOUN
ftr-322	790	22	.	.	PUNCT
ftr-322	791	1	97	97	NUM
ftr-322	791	2	.	.	PUNCT
ftr-322	792	1	for	for	ADP
ftr-322	792	2	an	an	DET
ftr-322	792	3	analysis	analysis	NOUN
ftr-322	792	4	of	of	ADP
ftr-322	792	5	the	the	DET
ftr-322	792	6	reasons	reason	NOUN
ftr-322	792	7	why	why	SCONJ
ftr-322	792	8	the	the	DET
ftr-322	792	9	rate	rate	NOUN
ftr-322	792	10	on	on	ADP
ftr-322	792	11	tax	tax	NOUN
ftr-322	792	12	-	-	PUNCT
ftr-322	792	13	exempt	exempt	ADJ
ftr-322	792	14	debt	debt	NOUN
ftr-322	792	15	fails	fail	VERB
ftr-322	792	16	to	to	PART
ftr-322	792	17	capitalize	capitalize	VERB
ftr-322	792	18	fully	fully	ADV
ftr-322	792	19	the	the	DET
ftr-322	792	20	tax	tax	NOUN
ftr-322	792	21	benefit	benefit	NOUN
ftr-322	792	22	it	it	PRON
ftr-322	792	23	offers	offer	VERB
ftr-322	792	24	,	,	PUNCT
ftr-322	792	25	see	see	VERB
ftr-322	792	26	calvin	calvin	PROPN
ftr-322	792	27	h.	h.	PROPN
ftr-322	792	28	johnson	johnson	PROPN
ftr-322	792	29	,	,	PUNCT
ftr-322	792	30	a	a	DET
ftr-322	792	31	thermometer	thermometer	NOUN
ftr-322	792	32	for	for	ADP
ftr-322	792	33	the	the	DET
ftr-322	792	34	federal	federal	ADJ
ftr-322	792	35	tax	tax	NOUN
ftr-322	792	36	system	system	NOUN
ftr-322	792	37	:	:	PUNCT
ftr-322	792	38	the	the	DET
ftr-322	792	39	overall	overall	ADJ
ftr-322	792	40	health	health	NOUN
ftr-322	792	41	of	of	ADP
ftr-322	792	42	the	the	DET
ftr-322	792	43	tax	tax	NOUN
ftr-322	792	44	system	system	NOUN
ftr-322	792	45	as	as	SCONJ
ftr-322	792	46	measured	measure	VERB
ftr-322	792	47	by	by	ADP
ftr-322	792	48	the	the	DET
ftr-322	792	49	implicit	implicit	ADJ
ftr-322	792	50	tax	tax	NOUN
ftr-322	792	51	,	,	PUNCT
ftr-322	792	52	56	56	NUM
ftr-322	792	53	smu	smu	PROPN
ftr-322	792	54	l.	l.	PROPN
ftr-322	792	55	rev	rev	PROPN
ftr-322	792	56	.	.	PROPN
ftr-322	792	57	13	13	NUM
ftr-322	792	58	(	(	PUNCT
ftr-322	792	59	2003	2003	NUM
ftr-322	792	60	)	)	PUNCT
ftr-322	792	61	.	.	PUNCT
ftr-322	793	1	98	98	NUM
ftr-322	793	2	.	.	X
ftr-322	794	1	for	for	ADP
ftr-322	794	2	example	example	NOUN
ftr-322	794	3	,	,	PUNCT
ftr-322	794	4	according	accord	VERB
ftr-322	794	5	to	to	ADP
ftr-322	794	6	edwardjones.com	edwardjones.com	X
ftr-322	794	7	,	,	PUNCT
ftr-322	794	8	as	as	ADP
ftr-322	794	9	of	of	ADP
ftr-322	794	10	aug	aug	PROPN
ftr-322	794	11	.	.	PROPN
ftr-322	794	12	31	31	NUM
ftr-322	794	13	,	,	PUNCT
ftr-322	794	14	2012	2012	NUM
ftr-322	794	15	,	,	PUNCT
ftr-322	794	16	rates	rate	NOUN
ftr-322	794	17	on	on	ADP
ftr-322	794	18	aaa	aaa	NOUN
ftr-322	794	19	-	-	PUNCT
ftr-322	794	20	rated	rate	VERB
ftr-322	794	21	municipal	municipal	ADJ
ftr-322	794	22	bonds	bond	NOUN
ftr-322	794	23	topped	top	VERB
ftr-322	794	24	out	out	ADP
ftr-322	794	25	at	at	ADP
ftr-322	794	26	3.14	3.14	NUM
ftr-322	794	27	percent	percent	NOUN
ftr-322	794	28	while	while	SCONJ
ftr-322	794	29	those	those	PRON
ftr-322	794	30	on	on	ADP
ftr-322	794	31	investment	investment	NOUN
ftr-322	794	32	-	-	PUNCT
ftr-322	794	33	grade	grade	NOUN
ftr-322	794	34	corporate	corporate	ADJ
ftr-322	794	35	debt	debt	NOUN
ftr-322	794	36	topped	top	VERB
ftr-322	794	37	out	out	ADP
ftr-322	794	38	at	at	ADP
ftr-322	794	39	4.10	4.10	NUM
ftr-322	794	40	percent	percent	NOUN
ftr-322	794	41	.	.	PUNCT
ftr-322	795	1	edward	edward	PROPN
ftr-322	795	2	jones	jones	PROPN
ftr-322	795	3	,	,	PUNCT
ftr-322	795	4	https://www.edwardjones.com/en_us/market/rates/current_rates/index.html	https://www.edwardjones.com/en_us/market/rates/current_rates/index.html	PROPN
ftr-322	795	5	(	(	PUNCT
ftr-322	795	6	last	last	ADV
ftr-322	795	7	visited	visit	VERB
ftr-322	795	8	sept	sept	PROPN
ftr-322	795	9	.	.	PROPN
ftr-322	795	10	1	1	NUM
ftr-322	795	11	,	,	PUNCT
ftr-322	795	12	2012	2012	NUM
ftr-322	795	13	)	)	PUNCT
ftr-322	795	14	.	.	PUNCT
ftr-322	796	1	99	99	NUM
ftr-322	796	2	.	.	PUNCT
ftr-322	797	1	that	that	PRON
ftr-322	797	2	is	be	AUX
ftr-322	797	3	,	,	PUNCT
ftr-322	797	4	$	$	SYM
ftr-322	797	5	500	500	NUM
ftr-322	797	6	is	be	AUX
ftr-322	797	7	10	10	NUM
ftr-322	797	8	percent	percent	NOUN
ftr-322	797	9	of	of	ADP
ftr-322	797	10	$	$	SYM
ftr-322	797	11	5,000	5,000	NUM
ftr-322	797	12	and	and	CCONJ
ftr-322	797	13	7	7	NUM
ftr-322	797	14	percent	percent	NOUN
ftr-322	797	15	of	of	ADP
ftr-322	797	16	$	$	SYM
ftr-322	797	17	7,142	7,142	NUM
ftr-322	797	18	.	.	PUNCT
ftr-322	798	1	2012	2012	NUM
ftr-322	798	2	]	]	PUNCT
ftr-322	798	3	special	special	ADJ
ftr-322	798	4	allocations	allocation	NOUN
ftr-322	798	5	revisited	revisit	VERB
ftr-322	798	6	387	387	NUM
ftr-322	798	7	another	another	DET
ftr-322	798	8	possibility	possibility	NOUN
ftr-322	798	9	,	,	PUNCT
ftr-322	798	10	however	however	ADV
ftr-322	798	11	,	,	PUNCT
ftr-322	798	12	is	be	AUX
ftr-322	798	13	that	that	SCONJ
ftr-322	798	14	the	the	DET
ftr-322	798	15	partners	partner	NOUN
ftr-322	798	16	employ	employ	VERB
ftr-322	798	17	some	some	DET
ftr-322	798	18	kind	kind	NOUN
ftr-322	798	19	of	of	ADP
ftr-322	798	20	disproportionate	disproportionate	ADJ
ftr-322	798	21	allocation	allocation	NOUN
ftr-322	798	22	to	to	PART
ftr-322	798	23	minimize	minimize	VERB
ftr-322	798	24	the	the	DET
ftr-322	798	25	adverse	adverse	ADJ
ftr-322	798	26	tax	tax	NOUN
ftr-322	798	27	consequences	consequence	NOUN
ftr-322	798	28	of	of	ADP
ftr-322	798	29	the	the	DET
ftr-322	798	30	allocation	allocation	NOUN
ftr-322	798	31	.	.	PUNCT
ftr-322	799	1	for	for	ADP
ftr-322	799	2	example	example	NOUN
ftr-322	799	3	,	,	PUNCT
ftr-322	799	4	the	the	DET
ftr-322	799	5	partnership	partnership	NOUN
ftr-322	799	6	could	could	AUX
ftr-322	799	7	immediately	immediately	ADV
ftr-322	799	8	allocate	allocate	VERB
ftr-322	799	9	80	80	NUM
ftr-322	799	10	percent	percent	NOUN
ftr-322	799	11	of	of	ADP
ftr-322	799	12	the	the	DET
ftr-322	799	13	tax	tax	NOUN
ftr-322	799	14	-	-	PUNCT
ftr-322	799	15	exempt	exempt	ADJ
ftr-322	799	16	securities	security	NOUN
ftr-322	799	17	to	to	ADP
ftr-322	799	18	h	h	NOUN
ftr-322	799	19	and	and	CCONJ
ftr-322	799	20	adjust	adjust	VERB
ftr-322	799	21	ownership	ownership	NOUN
ftr-322	799	22	in	in	ADP
ftr-322	799	23	the	the	DET
ftr-322	799	24	taxable	taxable	ADJ
ftr-322	799	25	securities	security	NOUN
ftr-322	799	26	appropriately	appropriately	ADV
ftr-322	799	27	.	.	PUNCT
ftr-322	800	1	the	the	DET
ftr-322	800	2	value	value	NOUN
ftr-322	800	3	of	of	ADP
ftr-322	800	4	80	80	NUM
ftr-322	800	5	percent	percent	NOUN
ftr-322	800	6	of	of	ADP
ftr-322	800	7	the	the	DET
ftr-322	800	8	tax	tax	NOUN
ftr-322	800	9	-	-	PUNCT
ftr-322	800	10	exempt	exempt	ADJ
ftr-322	800	11	securities	security	NOUN
ftr-322	800	12	is	be	AUX
ftr-322	800	13	$	$	SYM
ftr-322	800	14	5,714	5,714	NUM
ftr-322	800	15	.	.	PUNCT
ftr-322	801	1	since	since	SCONJ
ftr-322	801	2	the	the	DET
ftr-322	801	3	partners	partner	NOUN
ftr-322	801	4	contribute	contribute	VERB
ftr-322	801	5	equal	equal	ADJ
ftr-322	801	6	amounts	amount	NOUN
ftr-322	801	7	,	,	PUNCT
ftr-322	801	8	or	or	CCONJ
ftr-322	801	9	$	$	SYM
ftr-322	801	10	6,071	6,071	NUM
ftr-322	801	11	under	under	ADP
ftr-322	801	12	the	the	DET
ftr-322	801	13	assumptions	assumption	NOUN
ftr-322	801	14	used	use	VERB
ftr-322	801	15	here	here	ADV
ftr-322	801	16	,	,	PUNCT
ftr-322	801	17	it	it	PRON
ftr-322	801	18	would	would	AUX
ftr-322	801	19	seem	seem	VERB
ftr-322	801	20	likely	likely	ADJ
ftr-322	801	21	that	that	SCONJ
ftr-322	801	22	h	h	NOUN
ftr-322	801	23	would	would	AUX
ftr-322	801	24	continue	continue	VERB
ftr-322	801	25	to	to	PART
ftr-322	801	26	own	own	VERB
ftr-322	801	27	$	$	SYM
ftr-322	801	28	357	357	NUM
ftr-322	801	29	worth	worth	NOUN
ftr-322	801	30	of	of	ADP
ftr-322	801	31	the	the	DET
ftr-322	801	32	additional	additional	ADJ
ftr-322	801	33	partnership	partnership	NOUN
ftr-322	801	34	securities	security	NOUN
ftr-322	801	35	.	.	PUNCT
ftr-322	802	1	the	the	DET
ftr-322	802	2	partnership‘s	partnership‘s	PROPN
ftr-322	802	3	capital	capital	NOUN
ftr-322	802	4	accounts	account	NOUN
ftr-322	802	5	would	would	AUX
ftr-322	802	6	include	include	VERB
ftr-322	802	7	separate	separate	ADJ
ftr-322	802	8	entries	entry	NOUN
ftr-322	802	9	for	for	ADP
ftr-322	802	10	tax	tax	NOUN
ftr-322	802	11	-	-	PUNCT
ftr-322	802	12	exempt	exempt	ADJ
ftr-322	802	13	securities	security	NOUN
ftr-322	802	14	,	,	PUNCT
ftr-322	802	15	allocated	allocate	VERB
ftr-322	802	16	80	80	NUM
ftr-322	802	17	-	-	SYM
ftr-322	802	18	20	20	NUM
ftr-322	802	19	to	to	ADP
ftr-322	802	20	h	h	NOUN
ftr-322	802	21	and	and	CCONJ
ftr-322	802	22	l	l	NOUN
ftr-322	802	23	,	,	PUNCT
ftr-322	802	24	and	and	CCONJ
ftr-322	802	25	for	for	ADP
ftr-322	802	26	taxable	taxable	ADJ
ftr-322	802	27	securities	security	NOUN
ftr-322	802	28	,	,	PUNCT
ftr-322	802	29	allocated	allocate	VERB
ftr-322	802	30	entirely	entirely	ADV
ftr-322	802	31	to	to	ADP
ftr-322	802	32	l	l	NOUN
ftr-322	802	33	,	,	PUNCT
ftr-322	802	34	in	in	ADP
ftr-322	802	35	both	both	DET
ftr-322	802	36	cases	case	NOUN
ftr-322	802	37	but	but	CCONJ
ftr-322	802	38	for	for	ADP
ftr-322	802	39	$	$	SYM
ftr-322	802	40	357	357	NUM
ftr-322	802	41	of	of	ADP
ftr-322	802	42	securities	security	NOUN
ftr-322	802	43	that	that	PRON
ftr-322	802	44	could	could	AUX
ftr-322	802	45	be	be	AUX
ftr-322	802	46	composed	compose	VERB
ftr-322	802	47	of	of	ADP
ftr-322	802	48	any	any	DET
ftr-322	802	49	combination	combination	NOUN
ftr-322	802	50	of	of	ADP
ftr-322	802	51	taxable	taxable	ADJ
ftr-322	802	52	and	and	CCONJ
ftr-322	802	53	tax	tax	NOUN
ftr-322	802	54	-	-	PUNCT
ftr-322	802	55	exempt	exempt	ADJ
ftr-322	802	56	securities	security	NOUN
ftr-322	802	57	and	and	CCONJ
ftr-322	802	58	would	would	AUX
ftr-322	802	59	be	be	AUX
ftr-322	802	60	allocated	allocate	VERB
ftr-322	802	61	to	to	ADP
ftr-322	802	62	h.	h.	PROPN
ftr-322	802	63	to	to	ADP
ftr-322	802	64	the	the	DET
ftr-322	802	65	extent	extent	NOUN
ftr-322	802	66	partnership	partnership	NOUN
ftr-322	802	67	income	income	NOUN
ftr-322	802	68	derived	derive	VERB
ftr-322	802	69	from	from	ADP
ftr-322	802	70	distributions	distribution	NOUN
ftr-322	802	71	on	on	ADP
ftr-322	802	72	the	the	DET
ftr-322	802	73	securities	security	NOUN
ftr-322	802	74	,	,	PUNCT
ftr-322	802	75	there	there	PRON
ftr-322	802	76	would	would	AUX
ftr-322	802	77	be	be	AUX
ftr-322	802	78	only	only	ADV
ftr-322	802	79	minimal	minimal	ADJ
ftr-322	802	80	further	further	ADJ
ftr-322	802	81	transactions	transaction	NOUN
ftr-322	802	82	deemed	deem	VERB
ftr-322	802	83	to	to	PART
ftr-322	802	84	occur	occur	VERB
ftr-322	802	85	between	between	ADP
ftr-322	802	86	the	the	DET
ftr-322	802	87	partners	partner	NOUN
ftr-322	802	88	(	(	PUNCT
ftr-322	802	89	specifically	specifically	ADV
ftr-322	802	90	,	,	PUNCT
ftr-322	802	91	distributions	distribution	NOUN
ftr-322	802	92	on	on	ADP
ftr-322	802	93	the	the	DET
ftr-322	802	94	portion	portion	NOUN
ftr-322	802	95	of	of	ADP
ftr-322	802	96	taxable	taxable	ADJ
ftr-322	802	97	securities	security	NOUN
ftr-322	802	98	that	that	PRON
ftr-322	802	99	l	l	NOUN
ftr-322	802	100	owns	own	VERB
ftr-322	802	101	)	)	PUNCT
ftr-322	802	102	.	.	PUNCT
ftr-322	803	1	by	by	ADP
ftr-322	803	2	contrast	contrast	NOUN
ftr-322	803	3	,	,	PUNCT
ftr-322	803	4	gains	gain	NOUN
ftr-322	803	5	or	or	CCONJ
ftr-322	803	6	losses	loss	NOUN
ftr-322	803	7	realized	realize	VERB
ftr-322	803	8	on	on	ADP
ftr-322	803	9	dispositions	disposition	NOUN
ftr-322	803	10	of	of	ADP
ftr-322	803	11	the	the	DET
ftr-322	803	12	securities	security	NOUN
ftr-322	803	13	would	would	AUX
ftr-322	803	14	be	be	AUX
ftr-322	803	15	allocated	allocate	VERB
ftr-322	803	16	between	between	ADP
ftr-322	803	17	the	the	DET
ftr-322	803	18	partners	partner	NOUN
ftr-322	803	19	roughly	roughly	ADV
ftr-322	803	20	equally	equally	ADV
ftr-322	803	21	triggering	trigger	VERB
ftr-322	803	22	deemed	deem	VERB
ftr-322	803	23	transfers	transfer	NOUN
ftr-322	803	24	between	between	ADP
ftr-322	803	25	the	the	DET
ftr-322	803	26	partners	partner	NOUN
ftr-322	803	27	under	under	ADP
ftr-322	803	28	the	the	DET
ftr-322	803	29	aggregate	aggregate	ADJ
ftr-322	803	30	theory	theory	NOUN
ftr-322	803	31	because	because	SCONJ
ftr-322	803	32	of	of	ADP
ftr-322	803	33	the	the	DET
ftr-322	803	34	disproportionate	disproportionate	ADJ
ftr-322	803	35	ownership	ownership	NOUN
ftr-322	803	36	.	.	PUNCT
ftr-322	804	1	in	in	ADP
ftr-322	804	2	the	the	DET
ftr-322	804	3	case	case	NOUN
ftr-322	804	4	of	of	ADP
ftr-322	804	5	the	the	DET
ftr-322	804	6	disposition	disposition	NOUN
ftr-322	804	7	of	of	ADP
ftr-322	804	8	a	a	DET
ftr-322	804	9	tax	tax	NOUN
ftr-322	804	10	-	-	PUNCT
ftr-322	804	11	exempt	exempt	ADJ
ftr-322	804	12	security	security	NOUN
ftr-322	804	13	,	,	PUNCT
ftr-322	804	14	approximately	approximately	ADV
ftr-322	804	15	30	30	NUM
ftr-322	804	16	percent	percent	NOUN
ftr-322	804	17	of	of	ADP
ftr-322	804	18	the	the	DET
ftr-322	804	19	gain	gain	NOUN
ftr-322	804	20	or	or	CCONJ
ftr-322	804	21	loss	loss	NOUN
ftr-322	804	22	realized	realize	VERB
ftr-322	804	23	would	would	AUX
ftr-322	804	24	be	be	AUX
ftr-322	804	25	deemed	deem	VERB
ftr-322	804	26	shifted	shift	VERB
ftr-322	804	27	from	from	ADP
ftr-322	804	28	h	h	NOUN
ftr-322	804	29	to	to	ADP
ftr-322	804	30	l	l	NOUN
ftr-322	804	31	while	while	SCONJ
ftr-322	804	32	in	in	ADP
ftr-322	804	33	the	the	DET
ftr-322	804	34	case	case	NOUN
ftr-322	804	35	of	of	ADP
ftr-322	804	36	the	the	DET
ftr-322	804	37	disposition	disposition	NOUN
ftr-322	804	38	of	of	ADP
ftr-322	804	39	taxable	taxable	ADJ
ftr-322	804	40	securities	security	NOUN
ftr-322	804	41	,	,	PUNCT
ftr-322	804	42	slightly	slightly	ADV
ftr-322	804	43	less	less	ADJ
ftr-322	804	44	than	than	ADP
ftr-322	804	45	50	50	NUM
ftr-322	804	46	percent	percent	NOUN
ftr-322	804	47	of	of	ADP
ftr-322	804	48	the	the	DET
ftr-322	804	49	gain	gain	NOUN
ftr-322	804	50	or	or	CCONJ
ftr-322	804	51	loss	loss	NOUN
ftr-322	804	52	would	would	AUX
ftr-322	804	53	run	run	VERB
ftr-322	804	54	in	in	ADP
ftr-322	804	55	the	the	DET
ftr-322	804	56	opposite	opposite	ADJ
ftr-322	804	57	direction	direction	NOUN
ftr-322	804	58	.	.	PUNCT
ftr-322	805	1	whether	whether	SCONJ
ftr-322	805	2	this	this	DET
ftr-322	805	3	arrangement	arrangement	NOUN
ftr-322	805	4	proved	prove	VERB
ftr-322	805	5	superior	superior	ADJ
ftr-322	805	6	to	to	ADP
ftr-322	805	7	the	the	DET
ftr-322	805	8	default	default	NOUN
ftr-322	805	9	arrangement	arrangement	NOUN
ftr-322	805	10	(	(	PUNCT
ftr-322	805	11	equal	equal	ADJ
ftr-322	805	12	ownership	ownership	NOUN
ftr-322	805	13	interests	interest	NOUN
ftr-322	805	14	)	)	PUNCT
ftr-322	805	15	would	would	AUX
ftr-322	805	16	depend	depend	VERB
ftr-322	805	17	upon	upon	SCONJ
ftr-322	805	18	the	the	DET
ftr-322	805	19	partners	partner	NOUN
ftr-322	805	20	‘	‘	PART
ftr-322	805	21	expectations	expectation	NOUN
ftr-322	805	22	about	about	ADP
ftr-322	805	23	the	the	DET
ftr-322	805	24	sources	source	NOUN
ftr-322	805	25	of	of	ADP
ftr-322	805	26	partnership	partnership	NOUN
ftr-322	805	27	income	income	NOUN
ftr-322	805	28	and	and	CCONJ
ftr-322	805	29	loss	loss	NOUN
ftr-322	805	30	.	.	PUNCT
ftr-322	806	1	b.	b.	PROPN
ftr-322	806	2	permissible	permissible	ADJ
ftr-322	806	3	character	character	NOUN
ftr-322	806	4	assignments	assignment	NOUN
ftr-322	806	5	the	the	DET
ftr-322	806	6	assignment	assignment	NOUN
ftr-322	806	7	of	of	ADP
ftr-322	806	8	character	character	NOUN
ftr-322	806	9	is	be	AUX
ftr-322	806	10	not	not	PART
ftr-322	806	11	intrinsically	intrinsically	ADV
ftr-322	806	12	problematic	problematic	ADJ
ftr-322	806	13	;	;	PUNCT
ftr-322	806	14	rather	rather	ADV
ftr-322	806	15	,	,	PUNCT
ftr-322	806	16	it	it	PRON
ftr-322	806	17	is	be	AUX
ftr-322	806	18	the	the	DET
ftr-322	806	19	tax	tax	NOUN
ftr-322	806	20	-	-	PUNCT
ftr-322	806	21	motivated	motivate	VERB
ftr-322	806	22	assignment	assignment	NOUN
ftr-322	806	23	of	of	ADP
ftr-322	806	24	character	character	NOUN
ftr-322	806	25	that	that	SCONJ
ftr-322	806	26	by	by	ADP
ftr-322	806	27	its	its	PRON
ftr-322	806	28	nature	nature	NOUN
ftr-322	806	29	creates	create	VERB
ftr-322	806	30	difficulties	difficulty	NOUN
ftr-322	806	31	.	.	PUNCT
ftr-322	807	1	in	in	ADP
ftr-322	807	2	the	the	DET
ftr-322	807	3	case	case	NOUN
ftr-322	807	4	of	of	ADP
ftr-322	807	5	most	most	ADJ
ftr-322	807	6	character	character	NOUN
ftr-322	807	7	assignments	assignment	NOUN
ftr-322	807	8	,	,	PUNCT
ftr-322	807	9	the	the	DET
ftr-322	807	10	purpose	purpose	NOUN
ftr-322	807	11	of	of	ADP
ftr-322	807	12	the	the	DET
ftr-322	807	13	special	special	ADJ
ftr-322	807	14	allocation	allocation	NOUN
ftr-322	807	15	is	be	AUX
ftr-322	807	16	to	to	PART
ftr-322	807	17	reduce	reduce	VERB
ftr-322	807	18	after	after	ADP
ftr-322	807	19	-	-	PUNCT
ftr-322	807	20	tax	tax	NOUN
ftr-322	807	21	income	income	NOUN
ftr-322	807	22	without	without	ADP
ftr-322	807	23	reducing	reduce	VERB
ftr-322	807	24	concomitantly	concomitantly	ADV
ftr-322	807	25	the	the	DET
ftr-322	807	26	aggregate	aggregate	ADJ
ftr-322	807	27	pre	pre	ADJ
ftr-322	807	28	-	-	ADJ
ftr-322	807	29	tax	tax	ADJ
ftr-322	807	30	economic	economic	ADJ
ftr-322	807	31	return	return	NOUN
ftr-322	807	32	of	of	ADP
ftr-322	807	33	all	all	DET
ftr-322	807	34	the	the	DET
ftr-322	807	35	partners	partner	NOUN
ftr-322	807	36	.	.	PUNCT
ftr-322	808	1	the	the	DET
ftr-322	808	2	result	result	NOUN
ftr-322	808	3	is	be	AUX
ftr-322	808	4	achieved	achieve	VERB
ftr-322	808	5	by	by	ADP
ftr-322	808	6	the	the	DET
ftr-322	808	7	partners	partner	NOUN
ftr-322	808	8	‘	'	PUNCT
ftr-322	808	9	cooperation	cooperation	NOUN
ftr-322	808	10	with	with	ADP
ftr-322	808	11	each	each	DET
ftr-322	808	12	other	other	ADJ
ftr-322	808	13	in	in	ADP
ftr-322	808	14	a	a	DET
ftr-322	808	15	way	way	NOUN
ftr-322	808	16	that	that	PRON
ftr-322	808	17	effectively	effectively	ADV
ftr-322	808	18	produces	produce	VERB
ftr-322	808	19	a	a	DET
ftr-322	808	20	payment	payment	NOUN
ftr-322	808	21	from	from	ADP
ftr-322	808	22	the	the	DET
ftr-322	808	23	treasury	treasury	NOUN
ftr-322	808	24	to	to	ADP
ftr-322	808	25	the	the	DET
ftr-322	808	26	partnership	partnership	NOUN
ftr-322	808	27	,	,	PUNCT
ftr-322	808	28	which	which	DET
ftr-322	808	29	payment	payment	NOUN
ftr-322	808	30	is	be	AUX
ftr-322	808	31	divided	divide	VERB
ftr-322	808	32	among	among	ADP
ftr-322	808	33	the	the	DET
ftr-322	808	34	partners	partner	NOUN
ftr-322	808	35	.	.	PUNCT
ftr-322	809	1	example	example	NOUN
ftr-322	809	2	5	5	NUM
ftr-322	809	3	from	from	ADP
ftr-322	809	4	the	the	DET
ftr-322	809	5	special	special	ADJ
ftr-322	809	6	allocation	allocation	NOUN
ftr-322	809	7	regulations	regulation	NOUN
ftr-322	809	8	illustrates	illustrate	VERB
ftr-322	809	9	how	how	SCONJ
ftr-322	809	10	this	this	PRON
ftr-322	809	11	would	would	AUX
ftr-322	809	12	work	work	VERB
ftr-322	809	13	if	if	SCONJ
ftr-322	809	14	the	the	DET
ftr-322	809	15	example	example	NOUN
ftr-322	809	16	satisfied	satisfy	VERB
ftr-322	809	17	the	the	DET
ftr-322	809	18	see	see	NOUN
ftr-322	809	19	rules	rule	NOUN
ftr-322	809	20	.	.	PUNCT
ftr-322	810	1	(	(	PUNCT
ftr-322	810	2	and	and	CCONJ
ftr-322	810	3	,	,	PUNCT
ftr-322	810	4	presumably	presumably	ADV
ftr-322	810	5	,	,	PUNCT
ftr-322	810	6	it	it	PRON
ftr-322	810	7	would	would	AUX
ftr-322	810	8	be	be	AUX
ftr-322	810	9	possible	possible	ADJ
ftr-322	810	10	to	to	PART
ftr-322	810	11	build	build	VERB
ftr-322	810	12	enough	enough	ADJ
ftr-322	810	13	additional	additional	ADJ
ftr-322	810	14	after	after	ADP
ftr-322	810	15	-	-	PUNCT
ftr-322	810	16	tax	tax	NOUN
ftr-322	810	17	risk	risk	NOUN
ftr-322	810	18	into	into	ADP
ftr-322	810	19	the	the	DET
ftr-322	810	20	partners	partner	NOUN
ftr-322	810	21	‘	'	PUNCT
ftr-322	810	22	sharing	share	VERB
ftr-322	810	23	arrangement	arrangement	NOUN
ftr-322	810	24	for	for	ADP
ftr-322	810	25	those	those	DET
ftr-322	810	26	rules	rule	NOUN
ftr-322	810	27	to	to	PART
ftr-322	810	28	be	be	AUX
ftr-322	810	29	satisfied	satisfied	ADJ
ftr-322	810	30	even	even	ADV
ftr-322	810	31	though	though	SCONJ
ftr-322	810	32	the	the	DET
ftr-322	810	33	expected	expect	VERB
ftr-322	810	34	after	after	ADP
ftr-322	810	35	-	-	PUNCT
ftr-322	810	36	tax	tax	NOUN
ftr-322	810	37	value	value	NOUN
ftr-322	810	38	of	of	ADP
ftr-322	810	39	the	the	DET
ftr-322	810	40	allocation	allocation	NOUN
ftr-322	810	41	to	to	ADP
ftr-322	810	42	all	all	DET
ftr-322	810	43	partners	partner	NOUN
ftr-322	810	44	would	would	AUX
ftr-322	810	45	exceed	exceed	VERB
ftr-322	810	46	the	the	DET
ftr-322	810	47	expected	expect	VERB
ftr-322	810	48	after	after	ADP
ftr-322	810	49	-	-	PUNCT
ftr-322	810	50	tax	tax	NOUN
ftr-322	810	51	value	value	NOUN
ftr-322	810	52	of	of	ADP
ftr-322	810	53	ratable	ratable	ADJ
ftr-322	810	54	allocations	allocation	NOUN
ftr-322	810	55	of	of	ADP
ftr-322	810	56	partnership	partnership	NOUN
ftr-322	810	57	income	income	NOUN
ftr-322	810	58	.	.	PUNCT
ftr-322	810	59	)	)	PUNCT
ftr-322	811	1	in	in	ADP
ftr-322	811	2	that	that	DET
ftr-322	811	3	situation	situation	NOUN
ftr-322	811	4	,	,	PUNCT
ftr-322	811	5	the	the	DET
ftr-322	811	6	special	special	ADJ
ftr-322	811	7	allocation	allocation	NOUN
ftr-322	811	8	will	will	AUX
ftr-322	811	9	generally	generally	ADV
ftr-322	811	10	increase	increase	VERB
ftr-322	811	11	the	the	DET
ftr-322	811	12	returns	return	NOUN
ftr-322	811	13	of	of	ADP
ftr-322	811	14	both	both	DET
ftr-322	811	15	partners	partner	NOUN
ftr-322	811	16	relative	relative	ADJ
ftr-322	811	17	to	to	ADP
ftr-322	811	18	the	the	DET
ftr-322	811	19	returns	return	NOUN
ftr-322	811	20	they	they	PRON
ftr-322	811	21	would	would	AUX
ftr-322	811	22	receive	receive	VERB
ftr-322	811	23	absent	absent	ADJ
ftr-322	811	24	the	the	DET
ftr-322	811	25	allocation	allocation	NOUN
ftr-322	811	26	,	,	PUNCT
ftr-322	811	27	even	even	ADV
ftr-322	811	28	though	though	SCONJ
ftr-322	811	29	the	the	DET
ftr-322	811	30	economic	economic	ADJ
ftr-322	811	31	activity	activity	NOUN
ftr-322	811	32	of	of	ADP
ftr-322	811	33	the	the	DET
ftr-322	811	34	388	388	NUM
ftr-322	811	35	florida	florida	PROPN
ftr-322	811	36	tax	tax	NOUN
ftr-322	811	37	review	review	NOUN
ftr-322	812	1	[	[	X
ftr-322	812	2	vol	vol	NOUN
ftr-322	812	3	.	.	PUNCT
ftr-322	813	1	13:7	13:7	NUM
ftr-322	813	2	partnership	partnership	NOUN
ftr-322	813	3	—	—	PUNCT
ftr-322	813	4	holding	hold	VERB
ftr-322	813	5	taxable	taxable	ADJ
ftr-322	813	6	and	and	CCONJ
ftr-322	813	7	tax	tax	NOUN
ftr-322	813	8	-	-	PUNCT
ftr-322	813	9	exempt	exempt	ADJ
ftr-322	813	10	securities	security	NOUN
ftr-322	813	11	—	—	PUNCT
ftr-322	813	12	and	and	CCONJ
ftr-322	813	13	its	its	PRON
ftr-322	813	14	pre	pre	ADJ
ftr-322	813	15	-	-	ADJ
ftr-322	813	16	tax	tax	ADJ
ftr-322	813	17	income	income	NOUN
ftr-322	813	18	are	be	AUX
ftr-322	813	19	the	the	DET
ftr-322	813	20	same	same	ADJ
ftr-322	813	21	.	.	PUNCT
ftr-322	814	1	in	in	ADP
ftr-322	814	2	other	other	ADJ
ftr-322	814	3	situations	situation	NOUN
ftr-322	814	4	,	,	PUNCT
ftr-322	814	5	however	however	ADV
ftr-322	814	6	,	,	PUNCT
ftr-322	814	7	it	it	PRON
ftr-322	814	8	may	may	AUX
ftr-322	814	9	be	be	AUX
ftr-322	814	10	appropriate	appropriate	ADJ
ftr-322	814	11	to	to	PART
ftr-322	814	12	permit	permit	VERB
ftr-322	814	13	character	character	NOUN
ftr-322	814	14	assignments	assignment	NOUN
ftr-322	814	15	.	.	PUNCT
ftr-322	815	1	100	100	NUM
ftr-322	815	2	where	where	SCONJ
ftr-322	815	3	untoward	untoward	ADJ
ftr-322	815	4	tax	tax	NOUN
ftr-322	815	5	motivation	motivation	NOUN
ftr-322	815	6	is	be	AUX
ftr-322	815	7	absent	absent	ADJ
ftr-322	815	8	,	,	PUNCT
ftr-322	815	9	the	the	DET
ftr-322	815	10	question	question	NOUN
ftr-322	815	11	becomes	become	VERB
ftr-322	815	12	whether	whether	SCONJ
ftr-322	815	13	the	the	DET
ftr-322	815	14	interest	interest	NOUN
ftr-322	815	15	in	in	ADP
ftr-322	815	16	providing	provide	VERB
ftr-322	815	17	flexibility	flexibility	NOUN
ftr-322	815	18	to	to	ADP
ftr-322	815	19	the	the	DET
ftr-322	815	20	partners	partner	NOUN
ftr-322	815	21	in	in	ADP
ftr-322	815	22	their	their	PRON
ftr-322	815	23	economic	economic	ADJ
ftr-322	815	24	arrangement	arrangement	NOUN
ftr-322	815	25	outweighs	outweigh	VERB
ftr-322	815	26	the	the	DET
ftr-322	815	27	policy	policy	NOUN
ftr-322	815	28	reasons	reason	NOUN
ftr-322	815	29	that	that	PRON
ftr-322	815	30	favor	favor	VERB
ftr-322	815	31	differentiating	differentiate	VERB
ftr-322	815	32	among	among	ADP
ftr-322	815	33	types	type	NOUN
ftr-322	815	34	of	of	ADP
ftr-322	815	35	income	income	NOUN
ftr-322	815	36	for	for	ADP
ftr-322	815	37	tax	tax	NOUN
ftr-322	815	38	purposes	purpose	NOUN
ftr-322	815	39	.	.	PUNCT
ftr-322	816	1	one	one	NUM
ftr-322	816	2	such	such	ADJ
ftr-322	816	3	frequently	frequently	ADV
ftr-322	816	4	recurring	recur	VERB
ftr-322	816	5	situation	situation	NOUN
ftr-322	816	6	involves	involve	VERB
ftr-322	816	7	so	so	ADV
ftr-322	816	8	-	-	PUNCT
ftr-322	816	9	called	call	VERB
ftr-322	816	10	tax	tax	NOUN
ftr-322	816	11	-	-	PUNCT
ftr-322	816	12	exempt	exempt	ADJ
ftr-322	816	13	bond	bond	NOUN
ftr-322	816	14	partnerships	partnership	NOUN
ftr-322	816	15	(	(	PUNCT
ftr-322	816	16	a	a	DET
ftr-322	816	17	―tebp‖	―tebp‖	PROPN
ftr-322	816	18	)	)	PUNCT
ftr-322	816	19	.	.	PUNCT
ftr-322	817	1	tebps	tebps	NOUN
ftr-322	817	2	are	be	AUX
ftr-322	817	3	investment	investment	NOUN
ftr-322	817	4	vehicles	vehicle	NOUN
ftr-322	817	5	used	use	VERB
ftr-322	817	6	primarily	primarily	ADV
ftr-322	817	7	by	by	ADP
ftr-322	817	8	money	money	NOUN
ftr-322	817	9	market	market	NOUN
ftr-322	817	10	funds	fund	NOUN
ftr-322	817	11	to	to	PART
ftr-322	817	12	obtain	obtain	VERB
ftr-322	817	13	short	short	ADJ
ftr-322	817	14	-	-	PUNCT
ftr-322	817	15	term	term	NOUN
ftr-322	817	16	-	-	PUNCT
ftr-322	817	17	rate	rate	NOUN
ftr-322	817	18	,	,	PUNCT
ftr-322	817	19	variable	variable	ADJ
ftr-322	817	20	returns	return	NOUN
ftr-322	817	21	on	on	ADP
ftr-322	817	22	tax	tax	NOUN
ftr-322	817	23	-	-	PUNCT
ftr-322	817	24	exempt	exempt	ADJ
ftr-322	817	25	obligations	obligation	NOUN
ftr-322	817	26	in	in	ADP
ftr-322	817	27	a	a	DET
ftr-322	817	28	highly	highly	ADV
ftr-322	817	29	liquid	liquid	ADJ
ftr-322	817	30	form	form	NOUN
ftr-322	817	31	.	.	PUNCT
ftr-322	818	1	101	101	NUM
ftr-322	818	2	the	the	DET
ftr-322	818	3	demand	demand	NOUN
ftr-322	818	4	for	for	ADP
ftr-322	818	5	tebps	tebps	NOUN
ftr-322	818	6	exists	exist	VERB
ftr-322	818	7	because	because	SCONJ
ftr-322	818	8	issuers	issuer	NOUN
ftr-322	818	9	of	of	ADP
ftr-322	818	10	taxexempt	taxexempt	ADJ
ftr-322	818	11	bonds	bond	NOUN
ftr-322	818	12	generally	generally	ADV
ftr-322	818	13	prefer	prefer	VERB
ftr-322	818	14	to	to	PART
ftr-322	818	15	issue	issue	VERB
ftr-322	818	16	bonds	bond	NOUN
ftr-322	818	17	having	have	VERB
ftr-322	818	18	a	a	DET
ftr-322	818	19	longer	long	ADJ
ftr-322	818	20	fixed	fix	VERB
ftr-322	818	21	-	-	PUNCT
ftr-322	818	22	rate	rate	NOUN
ftr-322	818	23	term	term	NOUN
ftr-322	818	24	,	,	PUNCT
ftr-322	818	25	while	while	SCONJ
ftr-322	818	26	a	a	DET
ftr-322	818	27	number	number	NOUN
ftr-322	818	28	of	of	ADP
ftr-322	818	29	investors	investor	NOUN
ftr-322	818	30	seek	seek	VERB
ftr-322	818	31	shorter	short	ADJ
ftr-322	818	32	-	-	PUNCT
ftr-322	818	33	term	term	NOUN
ftr-322	818	34	variable	variable	ADJ
ftr-322	818	35	yields	yield	NOUN
ftr-322	818	36	as	as	ADV
ftr-322	818	37	well	well	ADV
ftr-322	818	38	as	as	ADP
ftr-322	818	39	reduced	reduce	VERB
ftr-322	818	40	risk	risk	NOUN
ftr-322	818	41	to	to	ADP
ftr-322	818	42	the	the	DET
ftr-322	818	43	capital	capital	NOUN
ftr-322	818	44	invested	invest	VERB
ftr-322	818	45	.	.	PUNCT
ftr-322	819	1	102	102	NUM
ftr-322	819	2	consequently	consequently	ADV
ftr-322	819	3	,	,	PUNCT
ftr-322	819	4	the	the	DET
ftr-322	819	5	market	market	NOUN
ftr-322	819	6	does	do	AUX
ftr-322	819	7	not	not	PART
ftr-322	819	8	supply	supply	VERB
ftr-322	819	9	short	short	ADJ
ftr-322	819	10	-	-	PUNCT
ftr-322	819	11	term	term	NOUN
ftr-322	819	12	tax	tax	NOUN
ftr-322	819	13	-	-	PUNCT
ftr-322	819	14	exempt	exempt	ADJ
ftr-322	819	15	debt	debt	NOUN
ftr-322	819	16	obligations	obligation	NOUN
ftr-322	819	17	directly	directly	ADV
ftr-322	819	18	in	in	ADP
ftr-322	819	19	quantities	quantity	NOUN
ftr-322	819	20	that	that	PRON
ftr-322	819	21	match	match	VERB
ftr-322	819	22	demand	demand	NOUN
ftr-322	819	23	or	or	CCONJ
ftr-322	819	24	with	with	ADP
ftr-322	819	25	sufficient	sufficient	ADJ
ftr-322	819	26	liquidity	liquidity	NOUN
ftr-322	819	27	to	to	PART
ftr-322	819	28	enable	enable	VERB
ftr-322	819	29	investors	investor	NOUN
ftr-322	819	30	to	to	PART
ftr-322	819	31	avoid	avoid	VERB
ftr-322	819	32	risk	risk	NOUN
ftr-322	819	33	of	of	ADP
ftr-322	819	34	loss	loss	NOUN
ftr-322	819	35	.	.	PUNCT
ftr-322	820	1	tebps	tebps	NOUN
ftr-322	820	2	fill	fill	VERB
ftr-322	820	3	this	this	DET
ftr-322	820	4	lacuna	lacuna	NOUN
ftr-322	820	5	by	by	ADP
ftr-322	820	6	creating	create	VERB
ftr-322	820	7	synthetic	synthetic	ADJ
ftr-322	820	8	short	short	ADJ
ftr-322	820	9	-	-	PUNCT
ftr-322	820	10	term	term	NOUN
ftr-322	820	11	tax	tax	NOUN
ftr-322	820	12	-	-	PUNCT
ftr-322	820	13	exempt	exempt	ADJ
ftr-322	820	14	bonds	bond	NOUN
ftr-322	820	15	that	that	PRON
ftr-322	820	16	generally	generally	ADV
ftr-322	820	17	can	can	AUX
ftr-322	820	18	be	be	AUX
ftr-322	820	19	put	put	VERB
ftr-322	820	20	back	back	ADV
ftr-322	820	21	to	to	ADP
ftr-322	820	22	the	the	DET
ftr-322	820	23	partnership	partnership	NOUN
ftr-322	820	24	at	at	ADP
ftr-322	820	25	or	or	CCONJ
ftr-322	820	26	close	close	ADJ
ftr-322	820	27	to	to	PART
ftr-322	820	28	purchase	purchase	VERB
ftr-322	820	29	price	price	NOUN
ftr-322	820	30	.	.	PUNCT
ftr-322	821	1	103	103	NUM
ftr-322	821	2	in	in	ADP
ftr-322	821	3	a	a	DET
ftr-322	821	4	typical	typical	ADJ
ftr-322	821	5	tebp	tebp	NOUN
ftr-322	821	6	,	,	PUNCT
ftr-322	821	7	a	a	DET
ftr-322	821	8	sponsor	sponsor	NOUN
ftr-322	821	9	creates	create	VERB
ftr-322	821	10	the	the	DET
ftr-322	821	11	tebp	tebp	NOUN
ftr-322	821	12	as	as	ADP
ftr-322	821	13	a	a	DET
ftr-322	821	14	statelaw	statelaw	NOUN
ftr-322	821	15	trust	trust	NOUN
ftr-322	821	16	that	that	PRON
ftr-322	821	17	is	be	AUX
ftr-322	821	18	treated	treat	VERB
ftr-322	821	19	as	as	ADP
ftr-322	821	20	a	a	DET
ftr-322	821	21	partnership	partnership	NOUN
ftr-322	821	22	for	for	ADP
ftr-322	821	23	federal	federal	ADJ
ftr-322	821	24	tax	tax	NOUN
ftr-322	821	25	purposes	purpose	NOUN
ftr-322	821	26	.	.	PUNCT
ftr-322	822	1	104	104	NUM
ftr-322	823	1	the	the	DET
ftr-322	823	2	trust	trust	NOUN
ftr-322	823	3	purchases	purchase	VERB
ftr-322	823	4	tax	tax	NOUN
ftr-322	823	5	-	-	PUNCT
ftr-322	823	6	exempt	exempt	ADJ
ftr-322	823	7	debt	debt	NOUN
ftr-322	823	8	obligations	obligation	NOUN
ftr-322	823	9	having	have	VERB
ftr-322	823	10	a	a	DET
ftr-322	823	11	variety	variety	NOUN
ftr-322	823	12	of	of	ADP
ftr-322	823	13	maturity	maturity	NOUN
ftr-322	823	14	dates	date	NOUN
ftr-322	823	15	and	and	CCONJ
ftr-322	823	16	issues	issue	NOUN
ftr-322	823	17	two	two	NUM
ftr-322	823	18	types	type	NOUN
ftr-322	823	19	of	of	ADP
ftr-322	823	20	certificates	certificate	NOUN
ftr-322	823	21	in	in	ADP
ftr-322	823	22	exchange	exchange	NOUN
ftr-322	823	23	for	for	ADP
ftr-322	823	24	contributions	contribution	NOUN
ftr-322	823	25	:	:	PUNCT
ftr-322	823	26	variable	variable	ADJ
ftr-322	823	27	and	and	CCONJ
ftr-322	823	28	residual	residual	ADJ
ftr-322	823	29	.	.	PUNCT
ftr-322	824	1	holders	holder	NOUN
ftr-322	824	2	of	of	ADP
ftr-322	824	3	the	the	DET
ftr-322	824	4	variable	variable	ADJ
ftr-322	824	5	certificates	certificate	NOUN
ftr-322	824	6	(	(	PUNCT
ftr-322	824	7	the	the	DET
ftr-322	824	8	primary	primary	ADJ
ftr-322	824	9	investors	investor	NOUN
ftr-322	824	10	)	)	PUNCT
ftr-322	824	11	are	be	AUX
ftr-322	824	12	entitled	entitle	VERB
ftr-322	824	13	to	to	ADP
ftr-322	824	14	a	a	DET
ftr-322	824	15	variable	variable	ADJ
ftr-322	824	16	rate	rate	NOUN
ftr-322	824	17	of	of	ADP
ftr-322	824	18	return	return	NOUN
ftr-322	824	19	on	on	ADP
ftr-322	824	20	their	their	PRON
ftr-322	824	21	capital	capital	NOUN
ftr-322	824	22	contributions	contribution	NOUN
ftr-322	824	23	;	;	PUNCT
ftr-322	824	24	the	the	DET
ftr-322	824	25	returns	return	NOUN
ftr-322	824	26	are	be	AUX
ftr-322	824	27	funded	fund	VERB
ftr-322	824	28	by	by	ADP
ftr-322	824	29	payments	payment	NOUN
ftr-322	824	30	on	on	ADP
ftr-322	824	31	the	the	DET
ftr-322	824	32	underlying	underlie	VERB
ftr-322	824	33	tax	tax	NOUN
ftr-322	824	34	-	-	PUNCT
ftr-322	824	35	exempt	exempt	ADJ
ftr-322	824	36	obligations	obligation	NOUN
ftr-322	824	37	held	hold	VERB
ftr-322	824	38	by	by	ADP
ftr-322	824	39	the	the	DET
ftr-322	824	40	trust	trust	NOUN
ftr-322	824	41	.	.	PUNCT
ftr-322	825	1	holders	holder	NOUN
ftr-322	825	2	of	of	ADP
ftr-322	825	3	the	the	DET
ftr-322	825	4	residual	residual	ADJ
ftr-322	825	5	certificates	certificate	NOUN
ftr-322	825	6	are	be	AUX
ftr-322	825	7	entitled	entitle	VERB
ftr-322	825	8	to	to	ADP
ftr-322	825	9	any	any	DET
ftr-322	825	10	remaining	remain	VERB
ftr-322	825	11	trust	trust	NOUN
ftr-322	825	12	income	income	NOUN
ftr-322	825	13	.	.	PUNCT
ftr-322	826	1	the	the	DET
ftr-322	826	2	returns	return	NOUN
ftr-322	826	3	on	on	ADP
ftr-322	826	4	the	the	DET
ftr-322	826	5	variable	variable	ADJ
ftr-322	826	6	certificates	certificate	NOUN
ftr-322	826	7	generally	generally	ADV
ftr-322	826	8	track	track	VERB
ftr-322	826	9	short	short	ADJ
ftr-322	826	10	-	-	PUNCT
ftr-322	826	11	term	term	NOUN
ftr-322	826	12	interest	interest	NOUN
ftr-322	826	13	rates	rate	NOUN
ftr-322	826	14	.	.	PUNCT
ftr-322	827	1	the	the	DET
ftr-322	827	2	variable	variable	ADJ
ftr-322	827	3	holders	holder	NOUN
ftr-322	827	4	‘	'	PUNCT
ftr-322	827	5	instrument	instrument	NOUN
ftr-322	827	6	is	be	AUX
ftr-322	827	7	a	a	DET
ftr-322	827	8	synthetic	synthetic	ADJ
ftr-322	827	9	short	short	ADJ
ftr-322	827	10	-	-	PUNCT
ftr-322	827	11	term	term	NOUN
ftr-322	827	12	variable	variable	ADJ
ftr-322	827	13	-	-	PUNCT
ftr-322	827	14	rate	rate	NOUN
ftr-322	827	15	bond	bond	NOUN
ftr-322	827	16	.	.	PUNCT
ftr-322	828	1	the	the	DET
ftr-322	828	2	rate	rate	NOUN
ftr-322	828	3	on	on	ADP
ftr-322	828	4	the	the	DET
ftr-322	828	5	synthetic	synthetic	ADJ
ftr-322	828	6	bond	bond	NOUN
ftr-322	828	7	is	be	AUX
ftr-322	828	8	always	always	ADV
ftr-322	828	9	less	less	ADJ
ftr-322	828	10	than	than	ADP
ftr-322	828	11	the	the	DET
ftr-322	828	12	blended	blend	VERB
ftr-322	828	13	rate	rate	NOUN
ftr-322	828	14	achieved	achieve	VERB
ftr-322	828	15	by	by	ADP
ftr-322	828	16	the	the	DET
ftr-322	828	17	tebp	tebp	NOUN
ftr-322	828	18	.	.	PUNCT
ftr-322	829	1	the	the	DET
ftr-322	829	2	money	money	NOUN
ftr-322	829	3	market	market	NOUN
ftr-322	829	4	fund	fund	NOUN
ftr-322	829	5	generally	generally	ADV
ftr-322	829	6	has	have	VERB
ftr-322	829	7	a	a	DET
ftr-322	829	8	100	100	NUM
ftr-322	829	9	.	.	PUNCT
ftr-322	830	1	other	other	ADJ
ftr-322	830	2	commentators	commentator	NOUN
ftr-322	830	3	who	who	PRON
ftr-322	830	4	generally	generally	ADV
ftr-322	830	5	oppose	oppose	VERB
ftr-322	830	6	special	special	ADJ
ftr-322	830	7	allocations	allocation	NOUN
ftr-322	830	8	have	have	AUX
ftr-322	830	9	recognized	recognize	VERB
ftr-322	830	10	that	that	SCONJ
ftr-322	830	11	in	in	ADP
ftr-322	830	12	limited	limited	ADJ
ftr-322	830	13	circumstances	circumstance	NOUN
ftr-322	830	14	special	special	ADJ
ftr-322	830	15	allocations	allocation	NOUN
ftr-322	830	16	may	may	AUX
ftr-322	830	17	be	be	AUX
ftr-322	830	18	appropriate	appropriate	ADJ
ftr-322	830	19	.	.	PUNCT
ftr-322	831	1	see	see	VERB
ftr-322	831	2	,	,	PUNCT
ftr-322	831	3	e.g.	e.g.	ADV
ftr-322	831	4	,	,	PUNCT
ftr-322	831	5	darryll	darryll	PROPN
ftr-322	831	6	k.	k.	PROPN
ftr-322	831	7	jones	jones	PROPN
ftr-322	831	8	,	,	PUNCT
ftr-322	831	9	towards	towards	ADP
ftr-322	831	10	equity	equity	NOUN
ftr-322	831	11	and	and	CCONJ
ftr-322	831	12	efficiency	efficiency	NOUN
ftr-322	831	13	in	in	ADP
ftr-322	831	14	partnership	partnership	NOUN
ftr-322	831	15	allocations	allocation	NOUN
ftr-322	831	16	,	,	PUNCT
ftr-322	831	17	25	25	NUM
ftr-322	831	18	va	va	NOUN
ftr-322	831	19	.	.	PUNCT
ftr-322	831	20	tax	tax	PROPN
ftr-322	831	21	rev	rev	PROPN
ftr-322	831	22	.	.	PROPN
ftr-322	831	23	1047	1047	NUM
ftr-322	831	24	,	,	PUNCT
ftr-322	831	25	1099	1099	NUM
ftr-322	831	26	(	(	PUNCT
ftr-322	831	27	2006	2006	NUM
ftr-322	831	28	)	)	PUNCT
ftr-322	831	29	(	(	PUNCT
ftr-322	831	30	arguing	argue	VERB
ftr-322	831	31	that	that	SCONJ
ftr-322	831	32	in	in	ADP
ftr-322	831	33	the	the	DET
ftr-322	831	34	rare	rare	ADJ
ftr-322	831	35	case	case	NOUN
ftr-322	831	36	in	in	ADP
ftr-322	831	37	which	which	PRON
ftr-322	831	38	the	the	DET
ftr-322	831	39	partners	partner	NOUN
ftr-322	831	40	can	can	AUX
ftr-322	831	41	demonstrate	demonstrate	VERB
ftr-322	831	42	a	a	DET
ftr-322	831	43	sufficient	sufficient	ADJ
ftr-322	831	44	non	non	ADJ
ftr-322	831	45	-	-	ADJ
ftr-322	831	46	tax	tax	ADJ
ftr-322	831	47	motivation	motivation	NOUN
ftr-322	831	48	,	,	PUNCT
ftr-322	831	49	a	a	DET
ftr-322	831	50	special	special	ADJ
ftr-322	831	51	allocation	allocation	NOUN
ftr-322	831	52	may	may	AUX
ftr-322	831	53	be	be	AUX
ftr-322	831	54	permissible	permissible	ADJ
ftr-322	831	55	)	)	PUNCT
ftr-322	831	56	.	.	PUNCT
ftr-322	832	1	101	101	NUM
ftr-322	832	2	.	.	PUNCT
ftr-322	833	1	see	see	VERB
ftr-322	833	2	generally	generally	ADV
ftr-322	833	3	stanley	stanley	PROPN
ftr-322	833	4	i.	i.	PROPN
ftr-322	833	5	langbein	langbein	PROPN
ftr-322	833	6	,	,	PUNCT
ftr-322	833	7	federal	federal	ADJ
ftr-322	833	8	income	income	NOUN
ftr-322	833	9	taxation	taxation	NOUN
ftr-322	833	10	of	of	ADP
ftr-322	833	11	banks	bank	NOUN
ftr-322	833	12	&	&	CCONJ
ftr-322	833	13	financial	financial	ADJ
ftr-322	833	14	institutions	institution	NOUN
ftr-322	833	15	,	,	PUNCT
ftr-322	833	16	¶	¶	PROPN
ftr-322	833	17	3.07[10][b	3.07[10][b	NUM
ftr-322	833	18	]	]	X
ftr-322	833	19	(	(	PUNCT
ftr-322	833	20	discussion	discussion	NOUN
ftr-322	833	21	of	of	ADP
ftr-322	833	22	tebps	tebps	NOUN
ftr-322	833	23	)	)	PUNCT
ftr-322	833	24	.	.	PUNCT
ftr-322	834	1	102	102	X
ftr-322	834	2	.	.	PUNCT
ftr-322	835	1	see	see	VERB
ftr-322	835	2	notice	notice	NOUN
ftr-322	835	3	2008	2008	NUM
ftr-322	835	4	-	-	SYM
ftr-322	835	5	80	80	NUM
ftr-322	835	6	,	,	PUNCT
ftr-322	835	7	2008	2008	NUM
ftr-322	835	8	-	-	SYM
ftr-322	835	9	2	2	NUM
ftr-322	835	10	c.b	c.b	PROPN
ftr-322	835	11	.	.	PROPN
ftr-322	835	12	820	820	NUM
ftr-322	835	13	.	.	PUNCT
ftr-322	836	1	103	103	NUM
ftr-322	836	2	.	.	PUNCT
ftr-322	837	1	i	i	PRON
ftr-322	837	2	d.	d.	PROPN
ftr-322	837	3	104	104	NUM
ftr-322	837	4	.	.	PUNCT
ftr-322	837	5	see	see	VERB
ftr-322	837	6	reg	reg	NOUN
ftr-322	837	7	.	.	PUNCT
ftr-322	838	1	§	§	PROPN
ftr-322	838	2	301.7701	301.7701	NUM
ftr-322	838	3	-	-	SYM
ftr-322	838	4	4	4	NUM
ftr-322	838	5	.	.	NOUN
ftr-322	838	6	2012	2012	NUM
ftr-322	838	7	]	]	PUNCT
ftr-322	838	8	special	special	ADJ
ftr-322	838	9	allocations	allocation	NOUN
ftr-322	838	10	revisited	revisit	VERB
ftr-322	838	11	389	389	NUM
ftr-322	838	12	right	right	NOUN
ftr-322	838	13	to	to	PART
ftr-322	838	14	put	put	VERB
ftr-322	838	15	its	its	PRON
ftr-322	838	16	certificates	certificate	NOUN
ftr-322	838	17	to	to	ADP
ftr-322	838	18	the	the	DET
ftr-322	838	19	partnership	partnership	NOUN
ftr-322	838	20	on	on	ADP
ftr-322	838	21	short	short	ADJ
ftr-322	838	22	notice	notice	NOUN
ftr-322	838	23	,	,	PUNCT
ftr-322	838	24	such	such	ADJ
ftr-322	838	25	as	as	ADP
ftr-322	838	26	seven	seven	NUM
ftr-322	838	27	days	day	NOUN
ftr-322	838	28	,	,	PUNCT
ftr-322	838	29	at	at	ADP
ftr-322	838	30	a	a	DET
ftr-322	838	31	price	price	NOUN
ftr-322	838	32	that	that	PRON
ftr-322	838	33	is	be	AUX
ftr-322	838	34	at	at	ADP
ftr-322	838	35	or	or	CCONJ
ftr-322	838	36	close	close	ADJ
ftr-322	838	37	to	to	ADP
ftr-322	838	38	fair	fair	ADJ
ftr-322	838	39	market	market	NOUN
ftr-322	838	40	value	value	NOUN
ftr-322	838	41	.	.	PUNCT
ftr-322	839	1	105	105	NUM
ftr-322	839	2	the	the	DET
ftr-322	839	3	principal	principal	ADJ
ftr-322	839	4	tax	tax	NOUN
ftr-322	839	5	issue	issue	NOUN
ftr-322	839	6	for	for	ADP
ftr-322	839	7	tebps	tebps	NOUN
ftr-322	839	8	concerns	concern	VERB
ftr-322	839	9	the	the	DET
ftr-322	839	10	qualification	qualification	NOUN
ftr-322	839	11	of	of	ADP
ftr-322	839	12	the	the	DET
ftr-322	839	13	returns	return	NOUN
ftr-322	839	14	for	for	ADP
ftr-322	839	15	tax	tax	NOUN
ftr-322	839	16	-	-	PUNCT
ftr-322	839	17	exempt	exempt	ADJ
ftr-322	839	18	status	status	NOUN
ftr-322	839	19	when	when	SCONJ
ftr-322	839	20	they	they	PRON
ftr-322	839	21	are	be	AUX
ftr-322	839	22	paid	pay	VERB
ftr-322	839	23	to	to	ADP
ftr-322	839	24	holders	holder	NOUN
ftr-322	839	25	of	of	ADP
ftr-322	839	26	interests	interest	NOUN
ftr-322	839	27	in	in	ADP
ftr-322	839	28	the	the	DET
ftr-322	839	29	money	money	NOUN
ftr-322	839	30	market	market	NOUN
ftr-322	839	31	fund	fund	NOUN
ftr-322	839	32	.	.	PUNCT
ftr-322	840	1	money	money	NOUN
ftr-322	840	2	market	market	NOUN
ftr-322	840	3	funds	fund	NOUN
ftr-322	840	4	are	be	AUX
ftr-322	840	5	generally	generally	ADV
ftr-322	840	6	formed	form	VERB
ftr-322	840	7	as	as	ADP
ftr-322	840	8	regulated	regulated	ADJ
ftr-322	840	9	investment	investment	NOUN
ftr-322	840	10	companies	company	NOUN
ftr-322	840	11	—	—	PUNCT
ftr-322	840	12	mutual	mutual	ADJ
ftr-322	840	13	funds	fund	NOUN
ftr-322	840	14	—	—	PUNCT
ftr-322	840	15	which	which	PRON
ftr-322	840	16	are	be	AUX
ftr-322	840	17	corporations	corporation	NOUN
ftr-322	840	18	subject	subject	ADJ
ftr-322	840	19	to	to	ADP
ftr-322	840	20	pass	pass	VERB
ftr-322	840	21	-	-	PUNCT
ftr-322	840	22	through	through	ADP
ftr-322	840	23	treatment	treatment	NOUN
ftr-322	840	24	on	on	ADP
ftr-322	840	25	their	their	PRON
ftr-322	840	26	earnings	earning	NOUN
ftr-322	840	27	as	as	ADV
ftr-322	840	28	long	long	ADV
ftr-322	840	29	as	as	SCONJ
ftr-322	840	30	a	a	DET
ftr-322	840	31	number	number	NOUN
ftr-322	840	32	of	of	ADP
ftr-322	840	33	detailed	detailed	ADJ
ftr-322	840	34	requirements	requirement	NOUN
ftr-322	840	35	are	be	AUX
ftr-322	840	36	met	meet	VERB
ftr-322	840	37	.	.	PUNCT
ftr-322	841	1	106	106	NUM
ftr-322	841	2	among	among	ADP
ftr-322	841	3	the	the	DET
ftr-322	841	4	requirements	requirement	NOUN
ftr-322	841	5	that	that	PRON
ftr-322	841	6	must	must	AUX
ftr-322	841	7	be	be	AUX
ftr-322	841	8	satisfied	satisfied	ADJ
ftr-322	841	9	if	if	SCONJ
ftr-322	841	10	tax	tax	NOUN
ftr-322	841	11	-	-	PUNCT
ftr-322	841	12	exempt	exempt	ADJ
ftr-322	841	13	returns	return	NOUN
ftr-322	841	14	earned	earn	VERB
ftr-322	841	15	by	by	ADP
ftr-322	841	16	the	the	DET
ftr-322	841	17	money	money	NOUN
ftr-322	841	18	market	market	NOUN
ftr-322	841	19	fund	fund	NOUN
ftr-322	841	20	are	be	AUX
ftr-322	841	21	to	to	PART
ftr-322	841	22	be	be	AUX
ftr-322	841	23	passed	pass	VERB
ftr-322	841	24	through	through	ADP
ftr-322	841	25	to	to	ADP
ftr-322	841	26	its	its	PRON
ftr-322	841	27	holders	holder	NOUN
ftr-322	841	28	as	as	ADP
ftr-322	841	29	tax	tax	NOUN
ftr-322	841	30	-	-	PUNCT
ftr-322	841	31	exempt	exempt	ADJ
ftr-322	841	32	are	be	AUX
ftr-322	841	33	that	that	SCONJ
ftr-322	841	34	at	at	ADV
ftr-322	841	35	least	least	ADV
ftr-322	841	36	50	50	NUM
ftr-322	841	37	percent	percent	NOUN
ftr-322	841	38	of	of	ADP
ftr-322	841	39	the	the	DET
ftr-322	841	40	money	money	NOUN
ftr-322	841	41	market	market	NOUN
ftr-322	841	42	fund‘s	fund‘s	NOUN
ftr-322	841	43	assets	asset	NOUN
ftr-322	841	44	by	by	ADP
ftr-322	841	45	value	value	NOUN
ftr-322	841	46	consist	consist	NOUN
ftr-322	841	47	of	of	ADP
ftr-322	841	48	tax	tax	NOUN
ftr-322	841	49	-	-	PUNCT
ftr-322	841	50	exempt	exempt	ADJ
ftr-322	841	51	obligations	obligation	NOUN
ftr-322	841	52	and	and	CCONJ
ftr-322	841	53	the	the	DET
ftr-322	841	54	fund	fund	NOUN
ftr-322	841	55	distributes	distribute	VERB
ftr-322	841	56	at	at	ADV
ftr-322	841	57	least	least	ADV
ftr-322	841	58	90	90	NUM
ftr-322	841	59	percent	percent	NOUN
ftr-322	841	60	of	of	ADP
ftr-322	841	61	its	its	PRON
ftr-322	841	62	net	net	ADJ
ftr-322	841	63	excludable	excludable	ADJ
ftr-322	841	64	interest	interest	NOUN
ftr-322	841	65	income	income	NOUN
ftr-322	841	66	to	to	ADP
ftr-322	841	67	its	its	PRON
ftr-322	841	68	holders	holder	NOUN
ftr-322	841	69	.	.	PUNCT
ftr-322	842	1	107	107	NUM
ftr-322	842	2	because	because	SCONJ
ftr-322	842	3	the	the	DET
ftr-322	842	4	tax	tax	NOUN
ftr-322	842	5	year	year	NOUN
ftr-322	842	6	of	of	ADP
ftr-322	842	7	the	the	DET
ftr-322	842	8	money	money	NOUN
ftr-322	842	9	market	market	NOUN
ftr-322	842	10	fund	fund	NOUN
ftr-322	842	11	may	may	AUX
ftr-322	842	12	differ	differ	VERB
ftr-322	842	13	from	from	ADP
ftr-322	842	14	that	that	PRON
ftr-322	842	15	of	of	ADP
ftr-322	842	16	the	the	DET
ftr-322	842	17	tebp	tebp	NOUN
ftr-322	842	18	,	,	PUNCT
ftr-322	842	19	it	it	PRON
ftr-322	842	20	is	be	AUX
ftr-322	842	21	possible	possible	ADJ
ftr-322	842	22	that	that	SCONJ
ftr-322	842	23	these	these	DET
ftr-322	842	24	rules	rule	NOUN
ftr-322	842	25	will	will	AUX
ftr-322	842	26	not	not	PART
ftr-322	842	27	be	be	AUX
ftr-322	842	28	satisfied	satisfied	ADJ
ftr-322	842	29	for	for	ADP
ftr-322	842	30	every	every	DET
ftr-322	842	31	tax	tax	NOUN
ftr-322	842	32	period	period	NOUN
ftr-322	842	33	during	during	ADP
ftr-322	842	34	which	which	PRON
ftr-322	842	35	the	the	DET
ftr-322	842	36	money	money	NOUN
ftr-322	842	37	market	market	NOUN
ftr-322	842	38	fund	fund	NOUN
ftr-322	842	39	holds	hold	VERB
ftr-322	842	40	its	its	PRON
ftr-322	842	41	certificates	certificate	NOUN
ftr-322	842	42	.	.	PUNCT
ftr-322	843	1	the	the	DET
ftr-322	843	2	irs	irs	PROPN
ftr-322	843	3	has	have	AUX
ftr-322	843	4	addressed	address	VERB
ftr-322	843	5	this	this	DET
ftr-322	843	6	issue	issue	NOUN
ftr-322	843	7	in	in	ADP
ftr-322	843	8	a	a	DET
ftr-322	843	9	number	number	NOUN
ftr-322	843	10	of	of	ADP
ftr-322	843	11	revenue	revenue	NOUN
ftr-322	843	12	procedures	procedure	NOUN
ftr-322	843	13	.	.	PUNCT
ftr-322	844	1	108	108	NUM
ftr-322	844	2	there	there	PRON
ftr-322	844	3	is	be	VERB
ftr-322	844	4	,	,	PUNCT
ftr-322	844	5	however	however	ADV
ftr-322	844	6	,	,	PUNCT
ftr-322	844	7	a	a	DET
ftr-322	844	8	subsidiary	subsidiary	NOUN
ftr-322	844	9	issue	issue	NOUN
ftr-322	844	10	that	that	SCONJ
ftr-322	844	11	tebps	tebps	PRON
ftr-322	844	12	pose	pose	VERB
ftr-322	844	13	in	in	ADP
ftr-322	844	14	the	the	DET
ftr-322	844	15	context	context	NOUN
ftr-322	844	16	of	of	ADP
ftr-322	844	17	an	an	DET
ftr-322	844	18	analysis	analysis	NOUN
ftr-322	844	19	of	of	ADP
ftr-322	844	20	whether	whether	SCONJ
ftr-322	844	21	assignments	assignment	NOUN
ftr-322	844	22	of	of	ADP
ftr-322	844	23	character	character	NOUN
ftr-322	844	24	should	should	AUX
ftr-322	844	25	be	be	AUX
ftr-322	844	26	permitted	permit	VERB
ftr-322	844	27	.	.	PUNCT
ftr-322	845	1	(	(	PUNCT
ftr-322	845	2	the	the	DET
ftr-322	845	3	issue	issue	NOUN
ftr-322	845	4	does	do	AUX
ftr-322	845	5	not	not	PART
ftr-322	845	6	arise	arise	VERB
ftr-322	845	7	if	if	SCONJ
ftr-322	845	8	one	one	NUM
ftr-322	845	9	assumes	assume	VERB
ftr-322	845	10	,	,	PUNCT
ftr-322	845	11	as	as	SCONJ
ftr-322	845	12	the	the	DET
ftr-322	845	13	irs	irs	PROPN
ftr-322	845	14	must	must	AUX
ftr-322	845	15	,	,	PUNCT
ftr-322	845	16	that	that	SCONJ
ftr-322	845	17	the	the	DET
ftr-322	845	18	see	see	NOUN
ftr-322	845	19	rules	rule	NOUN
ftr-322	845	20	are	be	AUX
ftr-322	845	21	valid	valid	ADJ
ftr-322	845	22	.	.	PUNCT
ftr-322	845	23	)	)	PUNCT
ftr-322	846	1	in	in	ADP
ftr-322	846	2	order	order	NOUN
ftr-322	846	3	for	for	ADP
ftr-322	846	4	all	all	DET
ftr-322	846	5	amounts	amount	NOUN
ftr-322	846	6	distributed	distribute	VERB
ftr-322	846	7	in	in	ADP
ftr-322	846	8	respect	respect	NOUN
ftr-322	846	9	of	of	ADP
ftr-322	846	10	the	the	DET
ftr-322	846	11	residual	residual	ADJ
ftr-322	846	12	certificates	certificate	NOUN
ftr-322	846	13	to	to	PART
ftr-322	846	14	qualify	qualify	VERB
ftr-322	846	15	as	as	ADP
ftr-322	846	16	tax	tax	NOUN
ftr-322	846	17	-	-	PUNCT
ftr-322	846	18	exempt	exempt	ADJ
ftr-322	846	19	,	,	PUNCT
ftr-322	846	20	an	an	DET
ftr-322	846	21	assignment	assignment	NOUN
ftr-322	846	22	of	of	ADP
ftr-322	846	23	tax	tax	NOUN
ftr-322	846	24	-	-	PUNCT
ftr-322	846	25	exempt	exempt	ADJ
ftr-322	846	26	income	income	NOUN
ftr-322	846	27	among	among	ADP
ftr-322	846	28	the	the	DET
ftr-322	846	29	tebp‘s	tebp‘s	ADJ
ftr-322	846	30	partners	partner	NOUN
ftr-322	846	31	must	must	AUX
ftr-322	846	32	be	be	AUX
ftr-322	846	33	permissible	permissible	ADJ
ftr-322	846	34	.	.	PUNCT
ftr-322	847	1	otherwise	otherwise	ADV
ftr-322	847	2	,	,	PUNCT
ftr-322	847	3	allocations	allocation	NOUN
ftr-322	847	4	of	of	ADP
ftr-322	847	5	income	income	NOUN
ftr-322	847	6	from	from	ADP
ftr-322	847	7	distributions	distribution	NOUN
ftr-322	847	8	on	on	ADP
ftr-322	847	9	the	the	DET
ftr-322	847	10	underlying	underlie	VERB
ftr-322	847	11	bonds	bond	NOUN
ftr-322	847	12	that	that	PRON
ftr-322	847	13	differ	differ	VERB
ftr-322	847	14	from	from	ADP
ftr-322	847	15	the	the	DET
ftr-322	847	16	ratable	ratable	ADJ
ftr-322	847	17	distributions	distribution	NOUN
ftr-322	847	18	would	would	AUX
ftr-322	847	19	be	be	AUX
ftr-322	847	20	treated	treat	VERB
ftr-322	847	21	as	as	ADP
ftr-322	847	22	taxable	taxable	ADJ
ftr-322	847	23	transfers	transfer	NOUN
ftr-322	847	24	from	from	ADP
ftr-322	847	25	the	the	DET
ftr-322	847	26	variable	variable	NOUN
ftr-322	847	27	to	to	ADP
ftr-322	847	28	the	the	DET
ftr-322	847	29	residual	residual	ADJ
ftr-322	847	30	interest	interest	NOUN
ftr-322	847	31	holders	holder	NOUN
ftr-322	847	32	,	,	PUNCT
ftr-322	847	33	not	not	PART
ftr-322	847	34	as	as	ADP
ftr-322	847	35	distributions	distribution	NOUN
ftr-322	847	36	of	of	ADP
ftr-322	847	37	tax	tax	NOUN
ftr-322	847	38	-	-	PUNCT
ftr-322	847	39	exempt	exempt	ADJ
ftr-322	847	40	interest	interest	NOUN
ftr-322	847	41	income	income	NOUN
ftr-322	847	42	.	.	PUNCT
ftr-322	848	1	under	under	ADP
ftr-322	848	2	the	the	DET
ftr-322	848	3	theory	theory	NOUN
ftr-322	848	4	proposed	propose	VERB
ftr-322	848	5	here	here	ADV
ftr-322	848	6	,	,	PUNCT
ftr-322	848	7	the	the	DET
ftr-322	848	8	transfers	transfer	NOUN
ftr-322	848	9	would	would	AUX
ftr-322	848	10	be	be	AUX
ftr-322	848	11	of	of	ADP
ftr-322	848	12	partnership	partnership	NOUN
ftr-322	848	13	interests	interest	NOUN
ftr-322	848	14	themselves	themselves	PRON
ftr-322	848	15	.	.	PUNCT
ftr-322	849	1	it	it	PRON
ftr-322	849	2	is	be	AUX
ftr-322	849	3	not	not	PART
ftr-322	849	4	readily	readily	ADV
ftr-322	849	5	apparent	apparent	ADJ
ftr-322	849	6	whether	whether	SCONJ
ftr-322	849	7	the	the	DET
ftr-322	849	8	failure	failure	NOUN
ftr-322	849	9	to	to	PART
ftr-322	849	10	account	account	VERB
ftr-322	849	11	for	for	ADP
ftr-322	849	12	the	the	DET
ftr-322	849	13	allocations	allocation	NOUN
ftr-322	849	14	of	of	ADP
ftr-322	849	15	taxable	taxable	ADJ
ftr-322	849	16	and	and	CCONJ
ftr-322	849	17	tax	tax	NOUN
ftr-322	849	18	-	-	PUNCT
ftr-322	849	19	exempt	exempt	ADJ
ftr-322	849	20	income	income	NOUN
ftr-322	849	21	as	as	ADP
ftr-322	849	22	transfers	transfer	NOUN
ftr-322	849	23	of	of	ADP
ftr-322	849	24	partnership	partnership	NOUN
ftr-322	849	25	interests	interest	NOUN
ftr-322	849	26	is	be	AUX
ftr-322	849	27	abusive	abusive	ADJ
ftr-322	849	28	.	.	PUNCT
ftr-322	850	1	the	the	DET
ftr-322	850	2	economic	economic	ADJ
ftr-322	850	3	substance	substance	NOUN
ftr-322	850	4	of	of	ADP
ftr-322	850	5	the	the	DET
ftr-322	850	6	partners	partner	NOUN
ftr-322	850	7	‘	'	PUNCT
ftr-322	850	8	arrangement	arrangement	NOUN
ftr-322	850	9	is	be	AUX
ftr-322	850	10	that	that	SCONJ
ftr-322	850	11	the	the	DET
ftr-322	850	12	variable	variable	ADJ
ftr-322	850	13	holders	holder	NOUN
ftr-322	850	14	take	take	VERB
ftr-322	850	15	a	a	DET
ftr-322	850	16	reduced	reduce	VERB
ftr-322	850	17	rate	rate	NOUN
ftr-322	850	18	of	of	ADP
ftr-322	850	19	return	return	NOUN
ftr-322	850	20	and	and	CCONJ
ftr-322	850	21	surrender	surrender	VERB
ftr-322	850	22	most	most	ADJ
ftr-322	850	23	of	of	ADP
ftr-322	850	24	the	the	DET
ftr-322	850	25	opportunity	opportunity	NOUN
ftr-322	850	26	for	for	ADP
ftr-322	850	27	gain	gain	NOUN
ftr-322	850	28	in	in	ADP
ftr-322	850	29	exchange	exchange	NOUN
ftr-322	850	30	for	for	ADP
ftr-322	850	31	liquidity	liquidity	NOUN
ftr-322	850	32	and	and	CCONJ
ftr-322	850	33	the	the	DET
ftr-322	850	34	elimination	elimination	NOUN
ftr-322	850	35	of	of	ADP
ftr-322	850	36	most	most	ADJ
ftr-322	850	37	risk	risk	NOUN
ftr-322	850	38	of	of	ADP
ftr-322	850	39	loss	loss	NOUN
ftr-322	850	40	.	.	PUNCT
ftr-322	851	1	if	if	SCONJ
ftr-322	851	2	the	the	DET
ftr-322	851	3	parties	party	NOUN
ftr-322	851	4	engaged	engage	VERB
ftr-322	851	5	in	in	ADP
ftr-322	851	6	these	these	DET
ftr-322	851	7	transactions	transaction	NOUN
ftr-322	851	8	outside	outside	ADV
ftr-322	851	9	of	of	ADP
ftr-322	851	10	a	a	DET
ftr-322	851	11	partnership	partnership	NOUN
ftr-322	851	12	,	,	PUNCT
ftr-322	851	13	the	the	DET
ftr-322	851	14	net	net	ADJ
ftr-322	851	15	effect	effect	NOUN
ftr-322	851	16	would	would	AUX
ftr-322	851	17	likely	likely	ADV
ftr-322	851	18	be	be	AUX
ftr-322	851	19	a	a	DET
ftr-322	851	20	liquidity	liquidity	NOUN
ftr-322	851	21	purchase	purchase	NOUN
ftr-322	851	22	by	by	ADP
ftr-322	851	23	the	the	DET
ftr-322	851	24	mutual	mutual	ADJ
ftr-322	851	25	funds	fund	NOUN
ftr-322	851	26	(	(	PUNCT
ftr-322	851	27	since	since	SCONJ
ftr-322	851	28	transfer	transfer	NOUN
ftr-322	851	29	of	of	ADP
ftr-322	851	30	the	the	DET
ftr-322	851	31	opportunity	opportunity	NOUN
ftr-322	851	32	for	for	ADP
ftr-322	851	33	gain	gain	NOUN
ftr-322	851	34	and	and	CCONJ
ftr-322	851	35	risk	risk	NOUN
ftr-322	851	36	of	of	ADP
ftr-322	851	37	loss	loss	NOUN
ftr-322	851	38	likely	likely	ADV
ftr-322	851	39	offset	offset	VERB
ftr-322	851	40	)	)	PUNCT
ftr-322	851	41	.	.	PUNCT
ftr-322	852	1	the	the	DET
ftr-322	852	2	question	question	NOUN
ftr-322	852	3	is	be	AUX
ftr-322	852	4	how	how	SCONJ
ftr-322	852	5	to	to	PART
ftr-322	852	6	characterize	characterize	VERB
ftr-322	852	7	a	a	DET
ftr-322	852	8	payment	payment	NOUN
ftr-322	852	9	for	for	ADP
ftr-322	852	10	liquidity	liquidity	NOUN
ftr-322	852	11	for	for	ADP
ftr-322	852	12	income	income	NOUN
ftr-322	852	13	tax	tax	NOUN
ftr-322	852	14	105	105	NUM
ftr-322	852	15	.	.	PUNCT
ftr-322	853	1	see	see	VERB
ftr-322	853	2	notice	notice	NOUN
ftr-322	853	3	2008	2008	NUM
ftr-322	853	4	-	-	SYM
ftr-322	853	5	80	80	NUM
ftr-322	853	6	,	,	PUNCT
ftr-322	853	7	2008	2008	NUM
ftr-322	853	8	-	-	SYM
ftr-322	853	9	2	2	NUM
ftr-322	853	10	c.b	c.b	PROPN
ftr-322	853	11	.	.	PROPN
ftr-322	853	12	820	820	NUM
ftr-322	853	13	(	(	PUNCT
ftr-322	853	14	describing	describe	VERB
ftr-322	853	15	the	the	DET
ftr-322	853	16	features	feature	NOUN
ftr-322	853	17	of	of	ADP
ftr-322	853	18	tebps	tebps	NOUN
ftr-322	853	19	)	)	PUNCT
ftr-322	853	20	.	.	PUNCT
ftr-322	854	1	106	106	NUM
ftr-322	854	2	.	.	PUNCT
ftr-322	855	1	see	see	VERB
ftr-322	855	2	i.r.c	i.r.c	NOUN
ftr-322	855	3	.	.	PUNCT
ftr-322	856	1	§	§	PROPN
ftr-322	856	2	§	§	PROPN
ftr-322	856	3	851–855	851–855	NUM
ftr-322	856	4	(	(	PUNCT
ftr-322	856	5	subchapter	subchapter	NOUN
ftr-322	856	6	m	m	NOUN
ftr-322	856	7	of	of	ADP
ftr-322	856	8	chapter	chapter	NOUN
ftr-322	856	9	1	1	NUM
ftr-322	856	10	of	of	ADP
ftr-322	856	11	the	the	DET
ftr-322	856	12	code	code	NOUN
ftr-322	856	13	covering	cover	VERB
ftr-322	856	14	regulated	regulated	ADJ
ftr-322	856	15	investment	investment	NOUN
ftr-322	856	16	companies	company	NOUN
ftr-322	856	17	.	.	PUNCT
ftr-322	856	18	)	)	PUNCT
ftr-322	857	1	107	107	NUM
ftr-322	857	2	.	.	PUNCT
ftr-322	858	1	i.r.c	i.r.c	NOUN
ftr-322	858	2	.	.	PUNCT
ftr-322	859	1	§	§	PROPN
ftr-322	859	2	852(a	852(a	PROPN
ftr-322	859	3	)	)	PUNCT
ftr-322	859	4	.	.	PUNCT
ftr-322	860	1	108	108	NUM
ftr-322	860	2	.	.	PUNCT
ftr-322	860	3	rev	rev	PROPN
ftr-322	860	4	.	.	PROPN
ftr-322	860	5	proc	proc	PROPN
ftr-322	860	6	.	.	PUNCT
ftr-322	860	7	2003	2003	NUM
ftr-322	860	8	-	-	SYM
ftr-322	860	9	84	84	NUM
ftr-322	860	10	,	,	PUNCT
ftr-322	860	11	2002	2002	NUM
ftr-322	860	12	-	-	SYM
ftr-322	860	13	2	2	NUM
ftr-322	860	14	c.b	c.b	PROPN
ftr-322	860	15	.	.	PROPN
ftr-322	860	16	1159	1159	NUM
ftr-322	860	17	,	,	PUNCT
ftr-322	860	18	rev	rev	PROPN
ftr-322	860	19	.	.	PROPN
ftr-322	860	20	proc	proc	PROPN
ftr-322	860	21	.	.	PUNCT
ftr-322	861	1	2002	2002	NUM
ftr-322	861	2	-	-	SYM
ftr-322	861	3	68	68	NUM
ftr-322	861	4	,	,	PUNCT
ftr-322	861	5	2002	2002	NUM
ftr-322	861	6	-	-	SYM
ftr-322	861	7	2	2	NUM
ftr-322	861	8	c.b	c.b	PROPN
ftr-322	861	9	.	.	PROPN
ftr-322	861	10	753	753	NUM
ftr-322	861	11	,	,	PUNCT
ftr-322	861	12	rev	rev	PROPN
ftr-322	861	13	.	.	PROPN
ftr-322	861	14	proc	proc	PROPN
ftr-322	861	15	.	.	PUNCT
ftr-322	862	1	2002	2002	NUM
ftr-322	862	2	-	-	SYM
ftr-322	862	3	16	16	NUM
ftr-322	862	4	,	,	PUNCT
ftr-322	862	5	2002	2002	NUM
ftr-322	862	6	-	-	SYM
ftr-322	862	7	1	1	NUM
ftr-322	862	8	c.b	c.b	PROPN
ftr-322	862	9	.	.	PROPN
ftr-322	862	10	572	572	NUM
ftr-322	862	11	.	.	PROPN
ftr-322	862	12	390	390	NUM
ftr-322	862	13	florida	florida	PROPN
ftr-322	862	14	tax	tax	NOUN
ftr-322	862	15	review	review	NOUN
ftr-322	863	1	[	[	X
ftr-322	863	2	vol	vol	NOUN
ftr-322	863	3	.	.	PUNCT
ftr-322	864	1	13:7	13:7	NUM
ftr-322	864	2	purposes	purpose	NOUN
ftr-322	864	3	.	.	PUNCT
ftr-322	865	1	for	for	ADP
ftr-322	865	2	the	the	DET
ftr-322	865	3	funds	fund	NOUN
ftr-322	865	4	,	,	PUNCT
ftr-322	865	5	it	it	PRON
ftr-322	865	6	is	be	AUX
ftr-322	865	7	either	either	CCONJ
ftr-322	865	8	an	an	DET
ftr-322	865	9	ordinary	ordinary	ADJ
ftr-322	865	10	business	business	NOUN
ftr-322	865	11	expense	expense	NOUN
ftr-322	865	12	109	109	NUM
ftr-322	865	13	or	or	CCONJ
ftr-322	865	14	a	a	DET
ftr-322	865	15	capital	capital	NOUN
ftr-322	865	16	outlay	outlay	NOUN
ftr-322	865	17	.	.	PUNCT
ftr-322	866	1	110	110	NUM
ftr-322	866	2	although	although	SCONJ
ftr-322	866	3	the	the	DET
ftr-322	866	4	mutual	mutual	ADJ
ftr-322	866	5	funds	fund	NOUN
ftr-322	866	6	are	be	AUX
ftr-322	866	7	not	not	PART
ftr-322	866	8	taxable	taxable	ADJ
ftr-322	866	9	111	111	NUM
ftr-322	866	10	and	and	CCONJ
ftr-322	866	11	no	no	DET
ftr-322	866	12	deduction	deduction	NOUN
ftr-322	866	13	would	would	AUX
ftr-322	866	14	be	be	AUX
ftr-322	866	15	available	available	ADJ
ftr-322	866	16	to	to	ADP
ftr-322	866	17	the	the	DET
ftr-322	866	18	mutual	mutual	ADJ
ftr-322	866	19	funds	fund	NOUN
ftr-322	866	20	for	for	ADP
ftr-322	866	21	the	the	DET
ftr-322	866	22	expenses	expense	NOUN
ftr-322	866	23	of	of	ADP
ftr-322	866	24	producing	produce	VERB
ftr-322	866	25	tax	tax	NOUN
ftr-322	866	26	-	-	PUNCT
ftr-322	866	27	exempt	exempt	ADJ
ftr-322	866	28	income	income	NOUN
ftr-322	866	29	anyway	anyway	ADV
ftr-322	866	30	,	,	PUNCT
ftr-322	866	31	112	112	NUM
ftr-322	866	32	the	the	DET
ftr-322	866	33	characterization	characterization	NOUN
ftr-322	866	34	matters	matter	VERB
ftr-322	866	35	because	because	SCONJ
ftr-322	866	36	it	it	PRON
ftr-322	866	37	affects	affect	VERB
ftr-322	866	38	whether	whether	SCONJ
ftr-322	866	39	the	the	DET
ftr-322	866	40	funds	fund	NOUN
ftr-322	866	41	are	be	AUX
ftr-322	866	42	able	able	ADJ
ftr-322	866	43	to	to	PART
ftr-322	866	44	pass	pass	VERB
ftr-322	866	45	through	through	ADP
ftr-322	866	46	tax	tax	NOUN
ftr-322	866	47	-	-	PUNCT
ftr-322	866	48	exempt	exempt	ADJ
ftr-322	866	49	income	income	NOUN
ftr-322	866	50	to	to	ADP
ftr-322	866	51	their	their	PRON
ftr-322	866	52	shareholders	shareholder	NOUN
ftr-322	866	53	.	.	PUNCT
ftr-322	867	1	section	section	NOUN
ftr-322	867	2	852	852	NUM
ftr-322	867	3	permits	permit	VERB
ftr-322	867	4	a	a	DET
ftr-322	867	5	regulated	regulated	ADJ
ftr-322	867	6	investment	investment	NOUN
ftr-322	867	7	company	company	NOUN
ftr-322	867	8	such	such	ADJ
ftr-322	867	9	as	as	ADP
ftr-322	867	10	a	a	DET
ftr-322	867	11	money	money	NOUN
ftr-322	867	12	market	market	NOUN
ftr-322	867	13	fund	fund	NOUN
ftr-322	867	14	to	to	PART
ftr-322	867	15	pass	pass	VERB
ftr-322	867	16	tax	tax	NOUN
ftr-322	867	17	-	-	PUNCT
ftr-322	867	18	exempt	exempt	ADJ
ftr-322	867	19	income	income	NOUN
ftr-322	867	20	to	to	ADP
ftr-322	867	21	its	its	PRON
ftr-322	867	22	holders	holder	NOUN
ftr-322	867	23	as	as	ADP
ftr-322	867	24	tax	tax	NOUN
ftr-322	867	25	-	-	PUNCT
ftr-322	867	26	exempt	exempt	ADJ
ftr-322	867	27	only	only	ADV
ftr-322	867	28	if	if	SCONJ
ftr-322	867	29	certain	certain	ADJ
ftr-322	867	30	requirements	requirement	NOUN
ftr-322	867	31	are	be	AUX
ftr-322	867	32	met	meet	VERB
ftr-322	867	33	.	.	PUNCT
ftr-322	868	1	in	in	ADP
ftr-322	868	2	particular	particular	ADJ
ftr-322	868	3	,	,	PUNCT
ftr-322	868	4	the	the	DET
ftr-322	868	5	fund	fund	NOUN
ftr-322	868	6	must	must	AUX
ftr-322	868	7	distribute	distribute	VERB
ftr-322	868	8	at	at	ADV
ftr-322	868	9	least	least	ADV
ftr-322	868	10	90	90	NUM
ftr-322	868	11	percent	percent	NOUN
ftr-322	868	12	of	of	ADP
ftr-322	868	13	its	its	PRON
ftr-322	868	14	tax	tax	NOUN
ftr-322	868	15	-	-	PUNCT
ftr-322	868	16	exempt	exempt	ADJ
ftr-322	868	17	income	income	NOUN
ftr-322	868	18	,	,	PUNCT
ftr-322	868	19	net	net	NOUN
ftr-322	868	20	of	of	ADP
ftr-322	868	21	deductions	deduction	NOUN
ftr-322	868	22	disallowed	disallow	VERB
ftr-322	868	23	under	under	ADP
ftr-322	868	24	section	section	NOUN
ftr-322	868	25	265	265	NUM
ftr-322	868	26	(	(	PUNCT
ftr-322	868	27	and	and	CCONJ
ftr-322	868	28	section	section	NOUN
ftr-322	868	29	171(a)(2	171(a)(2	NUM
ftr-322	868	30	)	)	PUNCT
ftr-322	868	31	)	)	PUNCT
ftr-322	868	32	,	,	PUNCT
ftr-322	868	33	to	to	ADP
ftr-322	868	34	its	its	PRON
ftr-322	868	35	holders	holder	NOUN
ftr-322	868	36	during	during	ADP
ftr-322	868	37	the	the	DET
ftr-322	868	38	taxable	taxable	ADJ
ftr-322	868	39	year	year	NOUN
ftr-322	868	40	.	.	PUNCT
ftr-322	869	1	113	113	NUM
ftr-322	869	2	because	because	SCONJ
ftr-322	869	3	the	the	DET
ftr-322	869	4	provision	provision	NOUN
ftr-322	869	5	does	do	AUX
ftr-322	869	6	not	not	PART
ftr-322	869	7	permit	permit	VERB
ftr-322	869	8	an	an	DET
ftr-322	869	9	offset	offset	NOUN
ftr-322	869	10	for	for	ADP
ftr-322	869	11	capitalized	capitalized	ADJ
ftr-322	869	12	expenditures	expenditure	NOUN
ftr-322	869	13	,	,	PUNCT
ftr-322	869	14	a	a	DET
ftr-322	869	15	liquidity	liquidity	NOUN
ftr-322	869	16	payment	payment	NOUN
ftr-322	869	17	that	that	PRON
ftr-322	869	18	qualified	qualify	VERB
ftr-322	869	19	as	as	ADP
ftr-322	869	20	a	a	DET
ftr-322	869	21	capital	capital	NOUN
ftr-322	869	22	outlay	outlay	NOUN
ftr-322	869	23	would	would	AUX
ftr-322	869	24	not	not	PART
ftr-322	869	25	reduce	reduce	VERB
ftr-322	869	26	the	the	DET
ftr-322	869	27	amount	amount	NOUN
ftr-322	869	28	of	of	ADP
ftr-322	869	29	tax	tax	NOUN
ftr-322	869	30	-	-	PUNCT
ftr-322	869	31	exempt	exempt	ADJ
ftr-322	869	32	income	income	NOUN
ftr-322	869	33	the	the	DET
ftr-322	869	34	fund	fund	NOUN
ftr-322	869	35	would	would	AUX
ftr-322	869	36	have	have	VERB
ftr-322	869	37	to	to	PART
ftr-322	869	38	distribute	distribute	VERB
ftr-322	869	39	to	to	ADP
ftr-322	869	40	its	its	PRON
ftr-322	869	41	holders	holder	NOUN
ftr-322	869	42	in	in	ADP
ftr-322	869	43	order	order	NOUN
ftr-322	869	44	for	for	SCONJ
ftr-322	869	45	the	the	DET
ftr-322	869	46	tax	tax	NOUN
ftr-322	869	47	-	-	PUNCT
ftr-322	869	48	exempt	exempt	ADJ
ftr-322	869	49	character	character	NOUN
ftr-322	869	50	to	to	PART
ftr-322	869	51	pass	pass	VERB
ftr-322	869	52	through	through	ADP
ftr-322	869	53	to	to	ADP
ftr-322	869	54	them	they	PRON
ftr-322	869	55	.	.	PUNCT
ftr-322	870	1	however	however	ADV
ftr-322	870	2	,	,	PUNCT
ftr-322	870	3	if	if	SCONJ
ftr-322	870	4	the	the	DET
ftr-322	870	5	liquidity	liquidity	NOUN
ftr-322	870	6	payment	payment	NOUN
ftr-322	870	7	qualified	qualified	ADJ
ftr-322	870	8	as	as	ADP
ftr-322	870	9	a	a	DET
ftr-322	870	10	business	business	NOUN
ftr-322	870	11	expense	expense	NOUN
ftr-322	870	12	,	,	PUNCT
ftr-322	870	13	then	then	ADV
ftr-322	870	14	,	,	PUNCT
ftr-322	870	15	although	although	SCONJ
ftr-322	870	16	it	it	PRON
ftr-322	870	17	would	would	AUX
ftr-322	870	18	be	be	AUX
ftr-322	870	19	disallowed	disallow	VERB
ftr-322	870	20	under	under	ADP
ftr-322	870	21	section	section	NOUN
ftr-322	870	22	265	265	NUM
ftr-322	870	23	,	,	PUNCT
ftr-322	870	24	it	it	PRON
ftr-322	870	25	would	would	AUX
ftr-322	870	26	count	count	VERB
ftr-322	870	27	as	as	ADP
ftr-322	870	28	an	an	DET
ftr-322	870	29	offset	offset	NOUN
ftr-322	870	30	to	to	ADP
ftr-322	870	31	the	the	DET
ftr-322	870	32	amount	amount	NOUN
ftr-322	870	33	needed	need	VERB
ftr-322	870	34	to	to	PART
ftr-322	870	35	be	be	AUX
ftr-322	870	36	distributed	distribute	VERB
ftr-322	870	37	.	.	PUNCT
ftr-322	871	1	as	as	ADP
ftr-322	871	2	a	a	DET
ftr-322	871	3	general	general	ADJ
ftr-322	871	4	matter	matter	NOUN
ftr-322	871	5	,	,	PUNCT
ftr-322	871	6	business	business	NOUN
ftr-322	871	7	outlays	outlay	NOUN
ftr-322	871	8	are	be	AUX
ftr-322	871	9	deductible	deductible	ADJ
ftr-322	871	10	,	,	PUNCT
ftr-322	871	11	subject	subject	ADJ
ftr-322	871	12	to	to	ADP
ftr-322	871	13	certain	certain	ADJ
ftr-322	871	14	limitations	limitation	NOUN
ftr-322	871	15	.	.	PUNCT
ftr-322	872	1	114	114	NUM
ftr-322	872	2	the	the	DET
ftr-322	872	3	principal	principal	ADJ
ftr-322	872	4	limitation	limitation	NOUN
ftr-322	872	5	relevant	relevant	ADJ
ftr-322	872	6	for	for	ADP
ftr-322	872	7	this	this	DET
ftr-322	872	8	discussion	discussion	NOUN
ftr-322	872	9	is	be	AUX
ftr-322	872	10	that	that	SCONJ
ftr-322	872	11	the	the	DET
ftr-322	872	12	payment	payment	NOUN
ftr-322	872	13	be	be	AUX
ftr-322	872	14	―ordinary‖	―ordinary‖	ADV
ftr-322	872	15	rather	rather	ADV
ftr-322	872	16	than	than	ADP
ftr-322	872	17	capital	capital	NOUN
ftr-322	872	18	in	in	ADP
ftr-322	872	19	nature	nature	NOUN
ftr-322	872	20	.	.	PUNCT
ftr-322	873	1	115	115	NUM
ftr-322	874	1	a	a	DET
ftr-322	874	2	capital	capital	NOUN
ftr-322	874	3	payment	payment	NOUN
ftr-322	874	4	is	be	AUX
ftr-322	874	5	generally	generally	ADV
ftr-322	874	6	understood	understand	VERB
ftr-322	874	7	as	as	ADP
ftr-322	874	8	a	a	DET
ftr-322	874	9	payment	payment	NOUN
ftr-322	874	10	for	for	ADP
ftr-322	874	11	the	the	DET
ftr-322	874	12	purchases	purchase	NOUN
ftr-322	874	13	of	of	ADP
ftr-322	874	14	an	an	DET
ftr-322	874	15	item	item	NOUN
ftr-322	874	16	,	,	PUNCT
ftr-322	874	17	tangible	tangible	ADJ
ftr-322	874	18	or	or	CCONJ
ftr-322	874	19	not	not	PART
ftr-322	874	20	,	,	PUNCT
ftr-322	874	21	having	have	VERB
ftr-322	874	22	material	material	NOUN
ftr-322	874	23	value	value	NOUN
ftr-322	874	24	beyond	beyond	ADP
ftr-322	874	25	the	the	DET
ftr-322	874	26	taxable	taxable	ADJ
ftr-322	874	27	year	year	NOUN
ftr-322	874	28	of	of	ADP
ftr-322	874	29	purchase	purchase	NOUN
ftr-322	874	30	,	,	PUNCT
ftr-322	874	31	116	116	NUM
ftr-322	874	32	whereas	whereas	SCONJ
ftr-322	874	33	―ordinary‖	―ordinary‖	ADV
ftr-322	874	34	generally	generally	ADV
ftr-322	874	35	means	mean	VERB
ftr-322	874	36	providing	provide	VERB
ftr-322	874	37	a	a	DET
ftr-322	874	38	short	short	ADJ
ftr-322	874	39	-	-	PUNCT
ftr-322	874	40	term	term	NOUN
ftr-322	874	41	benefit	benefit	NOUN
ftr-322	874	42	117	117	NUM
ftr-322	874	43	and	and	CCONJ
ftr-322	874	44	typically	typically	ADV
ftr-322	874	45	is	be	AUX
ftr-322	874	46	deductible	deductible	ADJ
ftr-322	874	47	as	as	ADV
ftr-322	874	48	long	long	ADV
ftr-322	874	49	as	as	ADP
ftr-322	874	50	―necessary,‖	―necessary,‖	NOUN
ftr-322	874	51	or	or	CCONJ
ftr-322	874	52	fitting	fitting	ADJ
ftr-322	874	53	.	.	PUNCT
ftr-322	875	1	118	118	NUM
ftr-322	875	2	payments	payment	NOUN
ftr-322	875	3	for	for	ADP
ftr-322	875	4	liquidity	liquidity	NOUN
ftr-322	875	5	,	,	PUNCT
ftr-322	875	6	as	as	ADV
ftr-322	875	7	long	long	ADV
ftr-322	875	8	as	as	SCONJ
ftr-322	875	9	made	make	VERB
ftr-322	875	10	for	for	ADP
ftr-322	875	11	the	the	DET
ftr-322	875	12	current	current	ADJ
ftr-322	875	13	year	year	NOUN
ftr-322	875	14	tax	tax	NOUN
ftr-322	875	15	year	year	NOUN
ftr-322	875	16	,	,	PUNCT
ftr-322	875	17	certainly	certainly	ADV
ftr-322	875	18	are	be	AUX
ftr-322	875	19	―necessary‖	―necessary‖	NOUN
ftr-322	875	20	and	and	CCONJ
ftr-322	875	21	likely	likely	ADV
ftr-322	875	22	qualify	qualify	VERB
ftr-322	875	23	as	as	ADP
ftr-322	875	24	ordinary	ordinary	ADJ
ftr-322	875	25	when	when	SCONJ
ftr-322	875	26	they	they	PRON
ftr-322	875	27	are	be	AUX
ftr-322	875	28	not	not	PART
ftr-322	875	29	made	make	VERB
ftr-322	875	30	in	in	ADP
ftr-322	875	31	connection	connection	NOUN
ftr-322	875	32	with	with	ADP
ftr-322	875	33	the	the	DET
ftr-322	875	34	acquisition	acquisition	NOUN
ftr-322	875	35	of	of	ADP
ftr-322	875	36	the	the	DET
ftr-322	875	37	asset	asset	NOUN
ftr-322	875	38	with	with	ADP
ftr-322	875	39	respect	respect	NOUN
ftr-322	875	40	to	to	ADP
ftr-322	875	41	which	which	PRON
ftr-322	875	42	the	the	DET
ftr-322	875	43	liquidity	liquidity	NOUN
ftr-322	875	44	is	be	AUX
ftr-322	875	45	provided	provide	VERB
ftr-322	875	46	.	.	PUNCT
ftr-322	876	1	the	the	DET
ftr-322	876	2	irs	irs	PROPN
ftr-322	876	3	has	have	AUX
ftr-322	876	4	held	hold	VERB
ftr-322	876	5	in	in	ADP
ftr-322	876	6	field	field	NOUN
ftr-322	876	7	service	service	NOUN
ftr-322	876	8	advice	advice	NOUN
ftr-322	876	9	that	that	SCONJ
ftr-322	876	10	liquidity	liquidity	NOUN
ftr-322	876	11	payments	payment	NOUN
ftr-322	876	12	,	,	PUNCT
ftr-322	876	13	to	to	ADP
ftr-322	876	14	the	the	DET
ftr-322	876	15	extent	extent	NOUN
ftr-322	876	16	not	not	PART
ftr-322	876	17	in	in	ADP
ftr-322	876	18	excess	excess	NOUN
ftr-322	876	19	of	of	ADP
ftr-322	876	20	the	the	DET
ftr-322	876	21	actual	actual	ADJ
ftr-322	876	22	market	market	NOUN
ftr-322	876	23	cost	cost	NOUN
ftr-322	876	24	of	of	ADP
ftr-322	876	25	liquidity	liquidity	NOUN
ftr-322	876	26	,	,	PUNCT
ftr-322	876	27	109	109	NUM
ftr-322	876	28	.	.	PUNCT
ftr-322	877	1	see	see	VERB
ftr-322	877	2	i.r.c	i.r.c	NOUN
ftr-322	877	3	.	.	PUNCT
ftr-322	878	1	§	§	PROPN
ftr-322	878	2	162	162	NUM
ftr-322	878	3	.	.	PUNCT
ftr-322	879	1	110	110	NUM
ftr-322	879	2	.	.	PUNCT
ftr-322	879	3	see	see	VERB
ftr-322	879	4	i.r.c	i.r.c	NOUN
ftr-322	879	5	.	.	PUNCT
ftr-322	880	1	§	§	PROPN
ftr-322	880	2	263	263	NUM
ftr-322	880	3	.	.	X
ftr-322	880	4	111	111	NUM
ftr-322	880	5	.	.	PUNCT
ftr-322	880	6	i.r.c	i.r.c	NOUN
ftr-322	880	7	.	.	PUNCT
ftr-322	881	1	§	§	PROPN
ftr-322	881	2	§	§	PROPN
ftr-322	881	3	561	561	NUM
ftr-322	881	4	,	,	PUNCT
ftr-322	881	5	852(b)(2	852(b)(2	NUM
ftr-322	881	6	)	)	PUNCT
ftr-322	881	7	.	.	PUNCT
ftr-322	882	1	112	112	NUM
ftr-322	882	2	.	.	PUNCT
ftr-322	882	3	i.r.c	i.r.c	NOUN
ftr-322	882	4	.	.	PUNCT
ftr-322	883	1	§	§	PROPN
ftr-322	883	2	265(a)(1	265(a)(1	PROPN
ftr-322	883	3	)	)	PUNCT
ftr-322	883	4	.	.	PUNCT
ftr-322	884	1	113	113	NUM
ftr-322	884	2	.	.	PUNCT
ftr-322	884	3	i.r.c	i.r.c	NOUN
ftr-322	884	4	.	.	PUNCT
ftr-322	885	1	§	§	PROPN
ftr-322	885	2	852(a)(1)(b	852(a)(1)(b	PROPN
ftr-322	885	3	)	)	PUNCT
ftr-322	885	4	.	.	PUNCT
ftr-322	886	1	114	114	NUM
ftr-322	886	2	.	.	PUNCT
ftr-322	886	3	i.r.c	i.r.c	NOUN
ftr-322	886	4	.	.	PUNCT
ftr-322	887	1	§	§	PROPN
ftr-322	887	2	162(a	162(a	PROPN
ftr-322	887	3	)	)	PUNCT
ftr-322	887	4	.	.	PUNCT
ftr-322	888	1	115	115	NUM
ftr-322	888	2	.	.	PUNCT
ftr-322	889	1	see	see	VERB
ftr-322	889	2	i.r.c	i.r.c	NOUN
ftr-322	889	3	.	.	PUNCT
ftr-322	890	1	§	§	PROPN
ftr-322	890	2	263	263	NUM
ftr-322	890	3	.	.	PUNCT
ftr-322	890	4	116	116	NUM
ftr-322	890	5	.	.	PUNCT
ftr-322	891	1	indopco	indopco	PROPN
ftr-322	891	2	v.	v.	PROPN
ftr-322	891	3	commissioner	commissioner	PROPN
ftr-322	891	4	,	,	PUNCT
ftr-322	891	5	503	503	NUM
ftr-322	891	6	u.s	u.s	PROPN
ftr-322	891	7	.	.	PROPN
ftr-322	891	8	79	79	NUM
ftr-322	891	9	,	,	PUNCT
ftr-322	891	10	87–88	87–88	NUM
ftr-322	891	11	(	(	PUNCT
ftr-322	891	12	1992	1992	NUM
ftr-322	891	13	)	)	PUNCT
ftr-322	891	14	.	.	PUNCT
ftr-322	892	1	117	117	NUM
ftr-322	892	2	.	.	PUNCT
ftr-322	892	3	deputy	deputy	PROPN
ftr-322	892	4	v.	v.	ADP
ftr-322	892	5	dupont	dupont	PROPN
ftr-322	892	6	,	,	PUNCT
ftr-322	892	7	308	308	NUM
ftr-322	892	8	u.s	u.s	PROPN
ftr-322	892	9	.	.	PROPN
ftr-322	892	10	488	488	NUM
ftr-322	892	11	,	,	PUNCT
ftr-322	892	12	495	495	NUM
ftr-322	892	13	(	(	PUNCT
ftr-322	892	14	1940	1940	NUM
ftr-322	892	15	)	)	PUNCT
ftr-322	892	16	.	.	PUNCT
ftr-322	893	1	118	118	NUM
ftr-322	893	2	.	.	PUNCT
ftr-322	893	3	welch	welch	PROPN
ftr-322	893	4	v.	v.	ADP
ftr-322	893	5	helvering	helvering	PROPN
ftr-322	893	6	,	,	PUNCT
ftr-322	893	7	290	290	NUM
ftr-322	893	8	u.s	u.s	PROPN
ftr-322	893	9	.	.	PROPN
ftr-322	893	10	111	111	NUM
ftr-322	893	11	,	,	PUNCT
ftr-322	893	12	113	113	NUM
ftr-322	893	13	(	(	PUNCT
ftr-322	893	14	1933	1933	NUM
ftr-322	893	15	)	)	PUNCT
ftr-322	893	16	(	(	PUNCT
ftr-322	893	17	―necessary‖	―necessary‖	NOUN
ftr-322	893	18	means	mean	VERB
ftr-322	893	19	―‗appropriate	―‗appropriate	NOUN
ftr-322	893	20	and	and	CCONJ
ftr-322	893	21	helpful	helpful	ADJ
ftr-322	893	22	.	.	PUNCT
ftr-322	893	23	‘‖	‘‖	NOUN
ftr-322	893	24	)	)	PUNCT
ftr-322	893	25	.	.	PUNCT
ftr-322	894	1	2012	2012	NUM
ftr-322	894	2	]	]	PUNCT
ftr-322	894	3	special	special	ADJ
ftr-322	894	4	allocations	allocation	NOUN
ftr-322	894	5	revisited	revisit	VERB
ftr-322	894	6	391	391	NUM
ftr-322	894	7	are	be	AUX
ftr-322	894	8	deductible	deductible	ADJ
ftr-322	894	9	.	.	PUNCT
ftr-322	895	1	119	119	NUM
ftr-322	895	2	further	far	ADV
ftr-322	895	3	,	,	PUNCT
ftr-322	895	4	liquidity	liquidity	NOUN
ftr-322	895	5	payments	payment	NOUN
ftr-322	895	6	are	be	AUX
ftr-322	895	7	closely	closely	ADV
ftr-322	895	8	similar	similar	ADJ
ftr-322	895	9	to	to	AUX
ftr-322	895	10	guarantee	guarantee	VERB
ftr-322	895	11	fees	fee	NOUN
ftr-322	895	12	,	,	PUNCT
ftr-322	895	13	which	which	PRON
ftr-322	895	14	also	also	ADV
ftr-322	895	15	generally	generally	ADV
ftr-322	895	16	are	be	AUX
ftr-322	895	17	deductible	deductible	ADJ
ftr-322	895	18	.	.	PUNCT
ftr-322	896	1	120	120	NUM
ftr-322	896	2	the	the	DET
ftr-322	896	3	issue	issue	NOUN
ftr-322	896	4	in	in	ADP
ftr-322	896	5	the	the	DET
ftr-322	896	6	tebp	tebp	ADJ
ftr-322	896	7	context	context	NOUN
ftr-322	896	8	is	be	AUX
ftr-322	896	9	clouded	cloud	VERB
ftr-322	896	10	by	by	ADP
ftr-322	896	11	the	the	DET
ftr-322	896	12	fact	fact	NOUN
ftr-322	896	13	that	that	SCONJ
ftr-322	896	14	the	the	DET
ftr-322	896	15	agreement	agreement	NOUN
ftr-322	896	16	to	to	PART
ftr-322	896	17	take	take	VERB
ftr-322	896	18	a	a	DET
ftr-322	896	19	reduced	reduce	VERB
ftr-322	896	20	return	return	NOUN
ftr-322	896	21	in	in	ADP
ftr-322	896	22	exchange	exchange	NOUN
ftr-322	896	23	for	for	ADP
ftr-322	896	24	liquidity	liquidity	NOUN
ftr-322	896	25	arguably	arguably	ADV
ftr-322	896	26	represents	represent	VERB
ftr-322	896	27	a	a	DET
ftr-322	896	28	cost	cost	NOUN
ftr-322	896	29	of	of	ADP
ftr-322	896	30	the	the	DET
ftr-322	896	31	partnership	partnership	NOUN
ftr-322	896	32	interest	interest	NOUN
ftr-322	896	33	and	and	CCONJ
ftr-322	896	34	therefore	therefore	ADV
ftr-322	896	35	could	could	AUX
ftr-322	896	36	be	be	AUX
ftr-322	896	37	viewed	view	VERB
ftr-322	896	38	as	as	ADP
ftr-322	896	39	requiring	require	VERB
ftr-322	896	40	capitalization	capitalization	NOUN
ftr-322	896	41	under	under	ADP
ftr-322	896	42	the	the	DET
ftr-322	896	43	general	general	ADJ
ftr-322	896	44	rule	rule	NOUN
ftr-322	896	45	that	that	SCONJ
ftr-322	896	46	acquisition	acquisition	NOUN
ftr-322	896	47	costs	cost	NOUN
ftr-322	896	48	of	of	ADP
ftr-322	896	49	capital	capital	NOUN
ftr-322	896	50	assets	asset	NOUN
ftr-322	896	51	must	must	AUX
ftr-322	896	52	be	be	AUX
ftr-322	896	53	capitalized	capitalize	VERB
ftr-322	896	54	.	.	PUNCT
ftr-322	897	1	121	121	NUM
ftr-322	897	2	under	under	ADP
ftr-322	897	3	this	this	DET
ftr-322	897	4	view	view	NOUN
ftr-322	897	5	,	,	PUNCT
ftr-322	897	6	the	the	DET
ftr-322	897	7	amounts	amount	NOUN
ftr-322	897	8	paid	pay	VERB
ftr-322	897	9	for	for	ADP
ftr-322	897	10	the	the	DET
ftr-322	897	11	liquidity	liquidity	NOUN
ftr-322	897	12	would	would	AUX
ftr-322	897	13	not	not	PART
ftr-322	897	14	be	be	AUX
ftr-322	897	15	deductible	deductible	ADJ
ftr-322	897	16	under	under	ADP
ftr-322	897	17	section	section	NOUN
ftr-322	897	18	162	162	NUM
ftr-322	897	19	(	(	PUNCT
ftr-322	897	20	assuming	assume	VERB
ftr-322	897	21	the	the	DET
ftr-322	897	22	disallowance	disallowance	NOUN
ftr-322	897	23	under	under	ADP
ftr-322	897	24	section	section	NOUN
ftr-322	897	25	265	265	NUM
ftr-322	897	26	did	do	AUX
ftr-322	897	27	not	not	PART
ftr-322	897	28	apply	apply	VERB
ftr-322	897	29	)	)	PUNCT
ftr-322	897	30	but	but	CCONJ
ftr-322	897	31	would	would	AUX
ftr-322	897	32	be	be	AUX
ftr-322	897	33	added	add	VERB
ftr-322	897	34	to	to	ADP
ftr-322	897	35	the	the	DET
ftr-322	897	36	mutual	mutual	ADJ
ftr-322	897	37	fund‘s	fund‘s	NOUN
ftr-322	897	38	basis	basis	NOUN
ftr-322	897	39	in	in	ADP
ftr-322	897	40	the	the	DET
ftr-322	897	41	tebp	tebp	ADJ
ftr-322	897	42	interest	interest	NOUN
ftr-322	897	43	.	.	PUNCT
ftr-322	898	1	in	in	ADP
ftr-322	898	2	favor	favor	NOUN
ftr-322	898	3	of	of	ADP
ftr-322	898	4	the	the	DET
ftr-322	898	5	view	view	NOUN
ftr-322	898	6	that	that	SCONJ
ftr-322	898	7	the	the	DET
ftr-322	898	8	liquidity	liquidity	NOUN
ftr-322	898	9	payments	payment	NOUN
ftr-322	898	10	represent	represent	VERB
ftr-322	898	11	a	a	DET
ftr-322	898	12	cost	cost	NOUN
ftr-322	898	13	of	of	ADP
ftr-322	898	14	the	the	DET
ftr-322	898	15	partnership	partnership	NOUN
ftr-322	898	16	interest	interest	NOUN
ftr-322	898	17	are	be	AUX
ftr-322	898	18	that	that	SCONJ
ftr-322	898	19	the	the	DET
ftr-322	898	20	liquidity	liquidity	NOUN
ftr-322	898	21	is	be	AUX
ftr-322	898	22	not	not	PART
ftr-322	898	23	separately	separately	ADV
ftr-322	898	24	purchased	purchase	VERB
ftr-322	898	25	and	and	CCONJ
ftr-322	898	26	is	be	AUX
ftr-322	898	27	not	not	PART
ftr-322	898	28	an	an	DET
ftr-322	898	29	optional	optional	ADJ
ftr-322	898	30	payment	payment	NOUN
ftr-322	898	31	;	;	PUNCT
ftr-322	898	32	on	on	ADP
ftr-322	898	33	the	the	DET
ftr-322	898	34	other	other	ADJ
ftr-322	898	35	side	side	NOUN
ftr-322	898	36	,	,	PUNCT
ftr-322	898	37	the	the	DET
ftr-322	898	38	fact	fact	NOUN
ftr-322	898	39	that	that	SCONJ
ftr-322	898	40	the	the	DET
ftr-322	898	41	liquidity	liquidity	NOUN
ftr-322	898	42	payment	payment	NOUN
ftr-322	898	43	is	be	AUX
ftr-322	898	44	ongoing	ongoing	ADJ
ftr-322	898	45	rather	rather	ADV
ftr-322	898	46	than	than	ADP
ftr-322	898	47	up	up	ADV
ftr-322	898	48	front	front	NOUN
ftr-322	898	49	in	in	ADP
ftr-322	898	50	nature	nature	NOUN
ftr-322	898	51	points	point	NOUN
ftr-322	898	52	in	in	ADP
ftr-322	898	53	favor	favor	NOUN
ftr-322	898	54	of	of	ADP
ftr-322	898	55	characterization	characterization	NOUN
ftr-322	898	56	as	as	ADP
ftr-322	898	57	ordinary	ordinary	ADJ
ftr-322	898	58	.	.	PUNCT
ftr-322	899	1	122	122	NUM
ftr-322	900	1	it	it	PRON
ftr-322	900	2	is	be	AUX
ftr-322	900	3	my	my	PRON
ftr-322	900	4	understanding	understanding	NOUN
ftr-322	900	5	that	that	SCONJ
ftr-322	900	6	it	it	PRON
ftr-322	900	7	was	be	AUX
ftr-322	900	8	the	the	DET
ftr-322	900	9	uncertainty	uncertainty	NOUN
ftr-322	900	10	in	in	ADP
ftr-322	900	11	the	the	DET
ftr-322	900	12	characterization	characterization	NOUN
ftr-322	900	13	of	of	ADP
ftr-322	900	14	the	the	DET
ftr-322	900	15	liquidity	liquidity	NOUN
ftr-322	900	16	payment	payment	NOUN
ftr-322	900	17	as	as	ADP
ftr-322	900	18	―ordinary‖	―ordinary‖	ADV
ftr-322	900	19	versus	versus	ADP
ftr-322	900	20	capital	capital	NOUN
ftr-322	900	21	that	that	PRON
ftr-322	900	22	gave	give	VERB
ftr-322	900	23	rise	rise	NOUN
ftr-322	900	24	to	to	ADP
ftr-322	900	25	the	the	DET
ftr-322	900	26	decision	decision	NOUN
ftr-322	900	27	to	to	PART
ftr-322	900	28	structure	structure	VERB
ftr-322	900	29	the	the	DET
ftr-322	900	30	money	money	NOUN
ftr-322	900	31	market	market	NOUN
ftr-322	900	32	funds	fund	NOUN
ftr-322	900	33	‘	'	PUNCT
ftr-322	900	34	investments	investment	NOUN
ftr-322	900	35	in	in	ADP
ftr-322	900	36	pools	pool	NOUN
ftr-322	900	37	of	of	ADP
ftr-322	900	38	tax	tax	NOUN
ftr-322	900	39	-	-	PUNCT
ftr-322	900	40	exempt	exempt	ADJ
ftr-322	900	41	obligations	obligation	NOUN
ftr-322	900	42	as	as	ADP
ftr-322	900	43	a	a	DET
ftr-322	900	44	partnership	partnership	NOUN
ftr-322	900	45	.	.	PUNCT
ftr-322	901	1	123	123	NUM
ftr-322	901	2	as	as	SCONJ
ftr-322	901	3	indicated	indicate	VERB
ftr-322	901	4	above	above	ADV
ftr-322	901	5	,	,	PUNCT
ftr-322	901	6	in	in	ADP
ftr-322	901	7	the	the	DET
ftr-322	901	8	partnership	partnership	NOUN
ftr-322	901	9	setting	set	VERB
ftr-322	901	10	the	the	DET
ftr-322	901	11	issue	issue	NOUN
ftr-322	901	12	disappears	disappear	VERB
ftr-322	901	13	because	because	SCONJ
ftr-322	901	14	the	the	DET
ftr-322	901	15	liquidity	liquidity	NOUN
ftr-322	901	16	payment	payment	NOUN
ftr-322	901	17	is	be	AUX
ftr-322	901	18	made	make	VERB
ftr-322	901	19	through	through	ADP
ftr-322	901	20	a	a	DET
ftr-322	901	21	partnership	partnership	NOUN
ftr-322	901	22	special	special	ADJ
ftr-322	901	23	allocation	allocation	NOUN
ftr-322	901	24	,	,	PUNCT
ftr-322	901	25	and	and	CCONJ
ftr-322	901	26	the	the	DET
ftr-322	901	27	allocation	allocation	NOUN
ftr-322	901	28	clearly	clearly	ADV
ftr-322	901	29	has	have	AUX
ftr-322	901	30	see	see	VERB
ftr-322	901	31	.	.	PUNCT
ftr-322	902	1	the	the	DET
ftr-322	902	2	special	special	ADJ
ftr-322	902	3	allocation	allocation	NOUN
ftr-322	902	4	mimics	mimic	VERB
ftr-322	902	5	a	a	DET
ftr-322	902	6	deduction	deduction	NOUN
ftr-322	902	7	for	for	ADP
ftr-322	902	8	liquidity	liquidity	NOUN
ftr-322	902	9	through	through	ADP
ftr-322	902	10	the	the	DET
ftr-322	902	11	mechanism	mechanism	NOUN
ftr-322	902	12	of	of	ADP
ftr-322	902	13	an	an	DET
ftr-322	902	14	exclusion	exclusion	NOUN
ftr-322	902	15	from	from	ADP
ftr-322	902	16	gross	gross	ADJ
ftr-322	902	17	income	income	NOUN
ftr-322	902	18	of	of	ADP
ftr-322	902	19	the	the	DET
ftr-322	902	20	amounts	amount	NOUN
ftr-322	902	21	that	that	PRON
ftr-322	902	22	would	would	AUX
ftr-322	902	23	be	be	AUX
ftr-322	902	24	paid	pay	VERB
ftr-322	902	25	for	for	ADP
ftr-322	902	26	liquidity	liquidity	NOUN
ftr-322	902	27	.	.	PUNCT
ftr-322	903	1	for	for	ADP
ftr-322	903	2	present	present	ADJ
ftr-322	903	3	purposes	purpose	NOUN
ftr-322	903	4	,	,	PUNCT
ftr-322	903	5	however	however	ADV
ftr-322	903	6	,	,	PUNCT
ftr-322	903	7	where	where	SCONJ
ftr-322	903	8	the	the	DET
ftr-322	903	9	appropriateness	appropriateness	NOUN
ftr-322	903	10	of	of	ADP
ftr-322	903	11	special	special	ADJ
ftr-322	903	12	allocations	allocation	NOUN
ftr-322	903	13	themselves	themselves	PRON
ftr-322	903	14	is	be	AUX
ftr-322	903	15	the	the	DET
ftr-322	903	16	focus	focus	NOUN
ftr-322	903	17	of	of	ADP
ftr-322	903	18	the	the	DET
ftr-322	903	19	inquiry	inquiry	NOUN
ftr-322	903	20	,	,	PUNCT
ftr-322	903	21	the	the	DET
ftr-322	903	22	question	question	NOUN
ftr-322	903	23	is	be	AUX
ftr-322	903	24	whether	whether	SCONJ
ftr-322	903	25	the	the	DET
ftr-322	903	26	motive	motive	NOUN
ftr-322	903	27	of	of	ADP
ftr-322	903	28	characterizing	characterize	VERB
ftr-322	903	29	a	a	DET
ftr-322	903	30	liquidity	liquidity	NOUN
ftr-322	903	31	payment	payment	NOUN
ftr-322	903	32	as	as	ADP
ftr-322	903	33	in	in	ADP
ftr-322	903	34	effect	effect	NOUN
ftr-322	903	35	deductible	deductible	ADJ
ftr-322	903	36	(	(	PUNCT
ftr-322	903	37	by	by	ADP
ftr-322	903	38	simply	simply	ADV
ftr-322	903	39	directing	direct	VERB
ftr-322	903	40	it	it	PRON
ftr-322	903	41	to	to	ADP
ftr-322	903	42	the	the	DET
ftr-322	903	43	other	other	ADJ
ftr-322	903	44	partners	partner	NOUN
ftr-322	903	45	)	)	PUNCT
ftr-322	903	46	rather	rather	ADV
ftr-322	903	47	than	than	ADP
ftr-322	903	48	potentially	potentially	ADV
ftr-322	903	49	capitalizable	capitalizable	ADJ
ftr-322	903	50	is	be	AUX
ftr-322	903	51	improper	improper	ADJ
ftr-322	903	52	and	and	CCONJ
ftr-322	903	53	so	so	ADV
ftr-322	903	54	should	should	AUX
ftr-322	903	55	not	not	PART
ftr-322	903	56	be	be	AUX
ftr-322	903	57	permitted	permit	VERB
ftr-322	903	58	.	.	PUNCT
ftr-322	904	1	the	the	DET
ftr-322	904	2	question	question	NOUN
ftr-322	904	3	is	be	AUX
ftr-322	904	4	somewhat	somewhat	ADV
ftr-322	904	5	closer	close	ADJ
ftr-322	904	6	than	than	ADP
ftr-322	904	7	in	in	ADP
ftr-322	904	8	the	the	DET
ftr-322	904	9	usual	usual	ADJ
ftr-322	904	10	special	special	ADJ
ftr-322	904	11	allocation	allocation	NOUN
ftr-322	904	12	setting	setting	NOUN
ftr-322	904	13	,	,	PUNCT
ftr-322	904	14	which	which	PRON
ftr-322	904	15	i	i	PRON
ftr-322	904	16	have	have	AUX
ftr-322	904	17	argued	argue	VERB
ftr-322	904	18	generally	generally	ADV
ftr-322	904	19	involves	involve	VERB
ftr-322	904	20	an	an	DET
ftr-322	904	21	inappropriately	inappropriately	ADV
ftr-322	904	22	taxmotivated	taxmotivate	VERB
ftr-322	904	23	assignment	assignment	NOUN
ftr-322	904	24	of	of	ADP
ftr-322	904	25	character	character	NOUN
ftr-322	904	26	.	.	PUNCT
ftr-322	905	1	from	from	ADP
ftr-322	905	2	the	the	DET
ftr-322	905	3	perspective	perspective	NOUN
ftr-322	905	4	of	of	ADP
ftr-322	905	5	the	the	DET
ftr-322	905	6	money	money	NOUN
ftr-322	905	7	market	market	NOUN
ftr-322	905	8	funds	fund	NOUN
ftr-322	905	9	,	,	PUNCT
ftr-322	905	10	the	the	DET
ftr-322	905	11	issue	issue	NOUN
ftr-322	905	12	is	be	AUX
ftr-322	905	13	whether	whether	SCONJ
ftr-322	905	14	it	it	PRON
ftr-322	905	15	becomes	become	VERB
ftr-322	905	16	possible	possible	ADJ
ftr-322	905	17	to	to	PART
ftr-322	905	18	create	create	VERB
ftr-322	905	19	,	,	PUNCT
ftr-322	905	20	with	with	ADP
ftr-322	905	21	sufficient	sufficient	ADJ
ftr-322	905	22	certainty	certainty	NOUN
ftr-322	905	23	,	,	PUNCT
ftr-322	905	24	a	a	DET
ftr-322	905	25	variable	variable	ADJ
ftr-322	905	26	-	-	PUNCT
ftr-322	905	27	return	return	NOUN
ftr-322	905	28	tax	tax	NOUN
ftr-322	905	29	-	-	PUNCT
ftr-322	905	30	exempt	exempt	ADJ
ftr-322	905	31	obligation	obligation	NOUN
ftr-322	905	32	when	when	SCONJ
ftr-322	905	33	the	the	DET
ftr-322	905	34	market	market	NOUN
ftr-322	905	35	does	do	AUX
ftr-322	905	36	not	not	PART
ftr-322	905	37	supply	supply	VERB
ftr-322	905	38	those	those	DET
ftr-322	905	39	obligations	obligation	NOUN
ftr-322	905	40	directly	directly	ADV
ftr-322	905	41	.	.	PUNCT
ftr-322	906	1	the	the	DET
ftr-322	906	2	question	question	NOUN
ftr-322	906	3	is	be	AUX
ftr-322	906	4	one	one	NUM
ftr-322	906	5	of	of	ADP
ftr-322	906	6	tax	tax	NOUN
ftr-322	906	7	risk	risk	NOUN
ftr-322	906	8	.	.	PUNCT
ftr-322	907	1	if	if	SCONJ
ftr-322	907	2	the	the	DET
ftr-322	907	3	liquidity	liquidity	NOUN
ftr-322	907	4	payment	payment	NOUN
ftr-322	907	5	would	would	AUX
ftr-322	907	6	properly	properly	ADV
ftr-322	907	7	be	be	AUX
ftr-322	907	8	deductible	deductible	ADJ
ftr-322	907	9	,	,	PUNCT
ftr-322	907	10	then	then	ADV
ftr-322	907	11	the	the	DET
ftr-322	907	12	use	use	NOUN
ftr-322	907	13	of	of	ADP
ftr-322	907	14	the	the	DET
ftr-322	907	15	119	119	NUM
ftr-322	907	16	.	.	PUNCT
ftr-322	908	1	f.s.a	f.s.a	NOUN
ftr-322	908	2	.	.	PROPN
ftr-322	908	3	1992	1992	NUM
ftr-322	908	4	-	-	SYM
ftr-322	908	5	927	927	NUM
ftr-322	908	6	.	.	PUNCT
ftr-322	909	1	120	120	NUM
ftr-322	909	2	.	.	PUNCT
ftr-322	910	1	irs	irs	PROPN
ftr-322	910	2	rev	rev	VERB
ftr-322	910	3	.	.	PROPN
ftr-322	910	4	rul	rul	PROPN
ftr-322	910	5	.	.	PUNCT
ftr-322	911	1	70	70	NUM
ftr-322	911	2	-	-	SYM
ftr-322	911	3	544	544	NUM
ftr-322	911	4	,	,	PUNCT
ftr-322	911	5	1970	1970	NUM
ftr-322	911	6	-	-	SYM
ftr-322	911	7	2	2	NUM
ftr-322	911	8	c.b	c.b	PROPN
ftr-322	911	9	.	.	PROPN
ftr-322	911	10	6	6	NUM
ftr-322	911	11	,	,	PUNCT
ftr-322	911	12	modified	modify	VERB
ftr-322	911	13	by	by	ADP
ftr-322	911	14	rev	rev	PROPN
ftr-322	911	15	.	.	PROPN
ftr-322	911	16	rul	rul	NOUN
ftr-322	911	17	.	.	PUNCT
ftr-322	912	1	74	74	NUM
ftr-322	912	2	-	-	SYM
ftr-322	912	3	169	169	NUM
ftr-322	912	4	,	,	PUNCT
ftr-322	912	5	1974	1974	NUM
ftr-322	912	6	-	-	SYM
ftr-322	912	7	1	1	NUM
ftr-322	912	8	c.b	c.b	PROPN
ftr-322	912	9	.	.	PROPN
ftr-322	912	10	147	147	NUM
ftr-322	912	11	and	and	CCONJ
ftr-322	912	12	clarified	clarify	VERB
ftr-322	912	13	by	by	ADP
ftr-322	912	14	rev	rev	PROPN
ftr-322	912	15	.	.	PROPN
ftr-322	912	16	rul	rul	NOUN
ftr-322	912	17	.	.	PUNCT
ftr-322	913	1	84	84	NUM
ftr-322	913	2	-	-	SYM
ftr-322	913	3	10	10	NUM
ftr-322	913	4	,	,	PUNCT
ftr-322	913	5	1984	1984	NUM
ftr-322	913	6	-	-	SYM
ftr-322	913	7	1	1	NUM
ftr-322	913	8	c.b	c.b	PROPN
ftr-322	913	9	.	.	PROPN
ftr-322	913	10	155	155	NUM
ftr-322	913	11	.	.	NOUN
ftr-322	913	12	121	121	NUM
ftr-322	913	13	.	.	PUNCT
ftr-322	913	14	see	see	VERB
ftr-322	913	15	reg	reg	NOUN
ftr-322	913	16	.	.	PUNCT
ftr-322	914	1	§	§	PROPN
ftr-322	914	2	1.263(a)-(4	1.263(a)-(4	PROPN
ftr-322	914	3	)	)	PUNCT
ftr-322	914	4	(	(	PUNCT
ftr-322	914	5	requiring	require	VERB
ftr-322	914	6	capitalization	capitalization	NOUN
ftr-322	914	7	of	of	ADP
ftr-322	914	8	costs	cost	NOUN
ftr-322	914	9	to	to	PART
ftr-322	914	10	acquire	acquire	VERB
ftr-322	914	11	intangible	intangible	ADJ
ftr-322	914	12	assets	asset	NOUN
ftr-322	914	13	such	such	ADJ
ftr-322	914	14	as	as	ADP
ftr-322	914	15	corporate	corporate	ADJ
ftr-322	914	16	stock	stock	NOUN
ftr-322	914	17	)	)	PUNCT
ftr-322	914	18	.	.	PUNCT
ftr-322	915	1	122	122	X
ftr-322	915	2	.	.	PUNCT
ftr-322	916	1	see	see	VERB
ftr-322	916	2	generally	generally	ADV
ftr-322	916	3	bittker	bittker	VERB
ftr-322	916	4	&	&	CCONJ
ftr-322	916	5	lokken	lokken	PROPN
ftr-322	916	6	,	,	PUNCT
ftr-322	916	7	federal	federal	ADJ
ftr-322	916	8	taxation	taxation	NOUN
ftr-322	916	9	,	,	PUNCT
ftr-322	916	10	supra	supra	PROPN
ftr-322	916	11	n.17	n.17	PROPN
ftr-322	916	12	,	,	PUNCT
ftr-322	916	13	at	at	ADP
ftr-322	916	14	¶	¶	PROPN
ftr-322	916	15	105a.1	105a.1	NUM
ftr-322	916	16	(	(	PUNCT
ftr-322	916	17	discussing	discuss	VERB
ftr-322	916	18	factors	factor	NOUN
ftr-322	916	19	relevant	relevant	ADJ
ftr-322	916	20	to	to	ADP
ftr-322	916	21	the	the	DET
ftr-322	916	22	capitalization	capitalization	NOUN
ftr-322	916	23	-	-	PUNCT
ftr-322	916	24	versus	versus	ADP
ftr-322	916	25	-	-	PUNCT
ftr-322	916	26	deduction	deduction	NOUN
ftr-322	916	27	question	question	NOUN
ftr-322	916	28	)	)	PUNCT
ftr-322	916	29	.	.	PUNCT
ftr-322	917	1	123	123	NUM
ftr-322	917	2	.	.	PUNCT
ftr-322	918	1	e	e	X
ftr-322	918	2	-	-	NOUN
ftr-322	918	3	mail	mail	NOUN
ftr-322	918	4	from	from	ADP
ftr-322	918	5	george	george	PROPN
ftr-322	918	6	g.	g.	PROPN
ftr-322	918	7	wolf	wolf	PROPN
ftr-322	918	8	to	to	ADP
ftr-322	918	9	author	author	NOUN
ftr-322	918	10	(	(	PUNCT
ftr-322	918	11	aug	aug	PROPN
ftr-322	918	12	.	.	PROPN
ftr-322	918	13	13	13	NUM
ftr-322	918	14	,	,	PUNCT
ftr-322	918	15	2012	2012	NUM
ftr-322	918	16	,	,	PUNCT
ftr-322	918	17	4:29:46	4:29:46	NUM
ftr-322	918	18	pdt	pdt	NOUN
ftr-322	918	19	)	)	PUNCT
ftr-322	918	20	(	(	PUNCT
ftr-322	918	21	on	on	ADP
ftr-322	918	22	file	file	NOUN
ftr-322	918	23	with	with	ADP
ftr-322	918	24	the	the	DET
ftr-322	918	25	author	author	NOUN
ftr-322	918	26	)	)	PUNCT
ftr-322	918	27	.	.	PUNCT
ftr-322	919	1	392	392	NUM
ftr-322	919	2	florida	florida	PROPN
ftr-322	919	3	tax	tax	NOUN
ftr-322	919	4	review	review	NOUN
ftr-322	919	5	[	[	X
ftr-322	919	6	vol	vol	NOUN
ftr-322	919	7	.	.	PUNCT
ftr-322	920	1	13:7	13:7	NUM
ftr-322	920	2	partnership	partnership	NOUN
ftr-322	920	3	structure	structure	NOUN
ftr-322	920	4	with	with	ADP
ftr-322	920	5	a	a	DET
ftr-322	920	6	special	special	ADJ
ftr-322	920	7	allocation	allocation	NOUN
ftr-322	920	8	is	be	AUX
ftr-322	920	9	unnecessary	unnecessary	ADJ
ftr-322	920	10	;	;	PUNCT
ftr-322	920	11	the	the	DET
ftr-322	920	12	same	same	ADJ
ftr-322	920	13	result	result	NOUN
ftr-322	920	14	could	could	AUX
ftr-322	920	15	be	be	AUX
ftr-322	920	16	had	have	VERB
ftr-322	920	17	outside	outside	ADP
ftr-322	920	18	of	of	ADP
ftr-322	920	19	the	the	DET
ftr-322	920	20	partnership	partnership	NOUN
ftr-322	920	21	structure	structure	NOUN
ftr-322	920	22	.	.	PUNCT
ftr-322	921	1	if	if	SCONJ
ftr-322	921	2	,	,	PUNCT
ftr-322	921	3	however	however	ADV
ftr-322	921	4	,	,	PUNCT
ftr-322	921	5	the	the	DET
ftr-322	921	6	liquidity	liquidity	NOUN
ftr-322	921	7	payment	payment	NOUN
ftr-322	921	8	ought	ought	AUX
ftr-322	921	9	to	to	PART
ftr-322	921	10	be	be	AUX
ftr-322	921	11	capitalized	capitalize	VERB
ftr-322	921	12	,	,	PUNCT
ftr-322	921	13	then	then	ADV
ftr-322	921	14	it	it	PRON
ftr-322	921	15	is	be	AUX
ftr-322	921	16	not	not	PART
ftr-322	921	17	possible	possible	ADJ
ftr-322	921	18	for	for	SCONJ
ftr-322	921	19	money	money	NOUN
ftr-322	921	20	market	market	NOUN
ftr-322	921	21	funds	fund	NOUN
ftr-322	921	22	to	to	PART
ftr-322	921	23	invest	invest	VERB
ftr-322	921	24	in	in	ADP
ftr-322	921	25	variable	variable	ADJ
ftr-322	921	26	-	-	PUNCT
ftr-322	921	27	rate	rate	NOUN
ftr-322	921	28	,	,	PUNCT
ftr-322	921	29	synthetic	synthetic	ADJ
ftr-322	921	30	tax	tax	NOUN
ftr-322	921	31	-	-	PUNCT
ftr-322	921	32	exempt	exempt	ADJ
ftr-322	921	33	debt	debt	NOUN
ftr-322	921	34	and	and	CCONJ
ftr-322	921	35	to	to	PART
ftr-322	921	36	pass	pass	VERB
ftr-322	921	37	the	the	DET
ftr-322	921	38	tax	tax	NOUN
ftr-322	921	39	exemption	exemption	NOUN
ftr-322	921	40	on	on	ADP
ftr-322	921	41	to	to	ADP
ftr-322	921	42	their	their	PRON
ftr-322	921	43	holders	holder	NOUN
ftr-322	921	44	.	.	PUNCT
ftr-322	922	1	it	it	PRON
ftr-322	922	2	,	,	PUNCT
ftr-322	922	3	thus	thus	ADV
ftr-322	922	4	,	,	PUNCT
ftr-322	922	5	becomes	become	VERB
ftr-322	922	6	necessary	necessary	ADJ
ftr-322	922	7	to	to	PART
ftr-322	922	8	evaluate	evaluate	VERB
ftr-322	922	9	the	the	DET
ftr-322	922	10	tax	tax	NOUN
ftr-322	922	11	significance	significance	NOUN
ftr-322	922	12	of	of	ADP
ftr-322	922	13	the	the	DET
ftr-322	922	14	distinction	distinction	NOUN
ftr-322	922	15	between	between	ADP
ftr-322	922	16	a	a	DET
ftr-322	922	17	capitalizable	capitalizable	ADJ
ftr-322	922	18	payment	payment	NOUN
ftr-322	922	19	and	and	CCONJ
ftr-322	922	20	a	a	DET
ftr-322	922	21	deductible	deductible	ADJ
ftr-322	922	22	one	one	NUM
ftr-322	922	23	in	in	ADP
ftr-322	922	24	the	the	DET
ftr-322	922	25	context	context	NOUN
ftr-322	922	26	of	of	ADP
ftr-322	922	27	the	the	DET
ftr-322	922	28	tax	tax	NOUN
ftr-322	922	29	rules	rule	NOUN
ftr-322	922	30	for	for	ADP
ftr-322	922	31	money	money	NOUN
ftr-322	922	32	market	market	NOUN
ftr-322	922	33	funds	fund	NOUN
ftr-322	922	34	.	.	PUNCT
ftr-322	923	1	as	as	SCONJ
ftr-322	923	2	discussed	discuss	VERB
ftr-322	923	3	previously	previously	ADV
ftr-322	923	4	,	,	PUNCT
ftr-322	923	5	the	the	DET
ftr-322	923	6	main	main	ADJ
ftr-322	923	7	reason	reason	NOUN
ftr-322	923	8	for	for	ADP
ftr-322	923	9	requiring	require	VERB
ftr-322	923	10	capitalization	capitalization	NOUN
ftr-322	923	11	of	of	ADP
ftr-322	923	12	certain	certain	ADJ
ftr-322	923	13	business	business	NOUN
ftr-322	923	14	outlays	outlay	NOUN
ftr-322	923	15	under	under	ADP
ftr-322	923	16	an	an	DET
ftr-322	923	17	income	income	NOUN
ftr-322	923	18	tax	tax	NOUN
ftr-322	923	19	is	be	AUX
ftr-322	923	20	to	to	PART
ftr-322	923	21	ensure	ensure	VERB
ftr-322	923	22	that	that	SCONJ
ftr-322	923	23	income	income	NOUN
ftr-322	923	24	is	be	AUX
ftr-322	923	25	properly	properly	ADV
ftr-322	923	26	timed	time	VERB
ftr-322	923	27	.	.	PUNCT
ftr-322	924	1	if	if	SCONJ
ftr-322	924	2	a	a	DET
ftr-322	924	3	payment	payment	NOUN
ftr-322	924	4	produces	produce	VERB
ftr-322	924	5	a	a	DET
ftr-322	924	6	material	material	NOUN
ftr-322	924	7	on	on	ADP
ftr-322	924	8	-	-	PUNCT
ftr-322	924	9	going	go	VERB
ftr-322	924	10	benefit	benefit	NOUN
ftr-322	924	11	to	to	ADP
ftr-322	924	12	the	the	DET
ftr-322	924	13	taxpayer	taxpayer	NOUN
ftr-322	924	14	,	,	PUNCT
ftr-322	924	15	it	it	PRON
ftr-322	924	16	would	would	AUX
ftr-322	924	17	be	be	AUX
ftr-322	924	18	inappropriate	inappropriate	ADJ
ftr-322	924	19	to	to	PART
ftr-322	924	20	permit	permit	VERB
ftr-322	924	21	a	a	DET
ftr-322	924	22	deduction	deduction	NOUN
ftr-322	924	23	for	for	ADP
ftr-322	924	24	the	the	DET
ftr-322	924	25	full	full	ADJ
ftr-322	924	26	amount	amount	NOUN
ftr-322	924	27	of	of	ADP
ftr-322	924	28	the	the	DET
ftr-322	924	29	payment	payment	NOUN
ftr-322	924	30	in	in	ADP
ftr-322	924	31	the	the	DET
ftr-322	924	32	period	period	NOUN
ftr-322	924	33	it	it	PRON
ftr-322	924	34	is	be	AUX
ftr-322	924	35	made	make	VERB
ftr-322	924	36	,	,	PUNCT
ftr-322	924	37	because	because	SCONJ
ftr-322	924	38	the	the	DET
ftr-322	924	39	taxpayer	taxpayer	NOUN
ftr-322	924	40	has	have	AUX
ftr-322	924	41	not	not	PART
ftr-322	924	42	―lost,‖	―lost,‖	ADJ
ftr-322	924	43	or	or	CCONJ
ftr-322	924	44	at	at	ADP
ftr-322	924	45	any	any	DET
ftr-322	924	46	rate	rate	NOUN
ftr-322	924	47	has	have	AUX
ftr-322	924	48	not	not	PART
ftr-322	924	49	converted	convert	VERB
ftr-322	924	50	into	into	ADP
ftr-322	924	51	goods	good	NOUN
ftr-322	924	52	or	or	CCONJ
ftr-322	924	53	services	service	NOUN
ftr-322	924	54	,	,	PUNCT
ftr-322	924	55	the	the	DET
ftr-322	924	56	full	full	ADJ
ftr-322	924	57	value	value	NOUN
ftr-322	924	58	of	of	ADP
ftr-322	924	59	the	the	DET
ftr-322	924	60	payment	payment	NOUN
ftr-322	924	61	in	in	ADP
ftr-322	924	62	that	that	DET
ftr-322	924	63	period	period	NOUN
ftr-322	924	64	.	.	PUNCT
ftr-322	925	1	rather	rather	ADV
ftr-322	925	2	,	,	PUNCT
ftr-322	925	3	the	the	DET
ftr-322	925	4	taxpayer	taxpayer	NOUN
ftr-322	925	5	has	have	AUX
ftr-322	925	6	purchased	purchase	VERB
ftr-322	925	7	an	an	DET
ftr-322	925	8	asset	asset	NOUN
ftr-322	925	9	that	that	PRON
ftr-322	925	10	has	have	VERB
ftr-322	925	11	value	value	NOUN
ftr-322	925	12	even	even	ADV
ftr-322	925	13	at	at	ADP
ftr-322	925	14	the	the	DET
ftr-322	925	15	close	close	NOUN
ftr-322	925	16	of	of	ADP
ftr-322	925	17	the	the	DET
ftr-322	925	18	period	period	NOUN
ftr-322	925	19	of	of	ADP
ftr-322	925	20	purchase	purchase	NOUN
ftr-322	925	21	.	.	PUNCT
ftr-322	926	1	the	the	DET
ftr-322	926	2	significance	significance	NOUN
ftr-322	926	3	of	of	ADP
ftr-322	926	4	the	the	DET
ftr-322	926	5	issue	issue	NOUN
ftr-322	926	6	,	,	PUNCT
ftr-322	926	7	however	however	ADV
ftr-322	926	8	,	,	PUNCT
ftr-322	926	9	is	be	AUX
ftr-322	926	10	diminished	diminish	VERB
ftr-322	926	11	in	in	ADP
ftr-322	926	12	the	the	DET
ftr-322	926	13	case	case	NOUN
ftr-322	926	14	of	of	ADP
ftr-322	926	15	money	money	NOUN
ftr-322	926	16	market	market	NOUN
ftr-322	926	17	funds	fund	NOUN
ftr-322	926	18	,	,	PUNCT
ftr-322	926	19	which	which	PRON
ftr-322	926	20	as	as	ADP
ftr-322	926	21	regulated	regulate	VERB
ftr-322	926	22	investment	investment	NOUN
ftr-322	926	23	companies	company	NOUN
ftr-322	926	24	are	be	AUX
ftr-322	926	25	largely	largely	ADV
ftr-322	926	26	tax	tax	NOUN
ftr-322	926	27	-	-	PUNCT
ftr-322	926	28	exempt	exempt	ADJ
ftr-322	926	29	because	because	SCONJ
ftr-322	926	30	of	of	ADP
ftr-322	926	31	the	the	DET
ftr-322	926	32	deduction	deduction	NOUN
ftr-322	926	33	to	to	PART
ftr-322	926	34	which	which	PRON
ftr-322	926	35	they	they	PRON
ftr-322	926	36	are	be	AUX
ftr-322	926	37	entitled	entitle	VERB
ftr-322	926	38	for	for	ADP
ftr-322	926	39	dividends	dividend	NOUN
ftr-322	926	40	paid	pay	VERB
ftr-322	926	41	.	.	PUNCT
ftr-322	927	1	124	124	NUM
ftr-322	928	1	the	the	DET
ftr-322	928	2	tax	tax	NOUN
ftr-322	928	3	question	question	NOUN
ftr-322	928	4	becomes	become	VERB
ftr-322	928	5	whether	whether	SCONJ
ftr-322	928	6	there	there	PRON
ftr-322	928	7	should	should	AUX
ftr-322	928	8	be	be	AUX
ftr-322	928	9	a	a	DET
ftr-322	928	10	taxable	taxable	ADJ
ftr-322	928	11	inclusion	inclusion	NOUN
ftr-322	928	12	for	for	ADP
ftr-322	928	13	the	the	DET
ftr-322	928	14	money	money	NOUN
ftr-322	928	15	market	market	NOUN
ftr-322	928	16	fund‘s	fund‘s	PROPN
ftr-322	928	17	holders	holder	NOUN
ftr-322	928	18	if	if	SCONJ
ftr-322	928	19	the	the	DET
ftr-322	928	20	purchase	purchase	NOUN
ftr-322	928	21	of	of	ADP
ftr-322	928	22	liquidity	liquidity	NOUN
ftr-322	928	23	protection	protection	NOUN
ftr-322	928	24	for	for	ADP
ftr-322	928	25	tax	tax	NOUN
ftr-322	928	26	-	-	PUNCT
ftr-322	928	27	exempt	exempt	ADJ
ftr-322	928	28	income	income	NOUN
ftr-322	928	29	is	be	AUX
ftr-322	928	30	properly	properly	ADV
ftr-322	928	31	characterized	characterize	VERB
ftr-322	928	32	as	as	ADP
ftr-322	928	33	a	a	DET
ftr-322	928	34	capitalizable	capitalizable	ADJ
ftr-322	928	35	cost	cost	NOUN
ftr-322	928	36	rather	rather	ADV
ftr-322	928	37	than	than	ADP
ftr-322	928	38	as	as	ADP
ftr-322	928	39	an	an	DET
ftr-322	928	40	ordinary	ordinary	ADJ
ftr-322	928	41	and	and	CCONJ
ftr-322	928	42	necessary	necessary	ADJ
ftr-322	928	43	business	business	NOUN
ftr-322	928	44	expense	expense	NOUN
ftr-322	928	45	that	that	PRON
ftr-322	928	46	is	be	AUX
ftr-322	928	47	nonetheless	nonetheless	ADV
ftr-322	928	48	not	not	PART
ftr-322	928	49	deductible	deductible	ADJ
ftr-322	928	50	by	by	ADP
ftr-322	928	51	reason	reason	NOUN
ftr-322	928	52	of	of	ADP
ftr-322	928	53	section	section	NOUN
ftr-322	928	54	265	265	NUM
ftr-322	928	55	.	.	PUNCT
ftr-322	929	1	if	if	SCONJ
ftr-322	929	2	there	there	PRON
ftr-322	929	3	is	be	VERB
ftr-322	929	4	,	,	PUNCT
ftr-322	929	5	then	then	ADV
ftr-322	929	6	the	the	DET
ftr-322	929	7	availability	availability	NOUN
ftr-322	929	8	of	of	ADP
ftr-322	929	9	the	the	DET
ftr-322	929	10	partnership	partnership	NOUN
ftr-322	929	11	form	form	NOUN
ftr-322	929	12	as	as	ADP
ftr-322	929	13	a	a	DET
ftr-322	929	14	way	way	NOUN
ftr-322	929	15	around	around	ADP
ftr-322	929	16	capitalization	capitalization	NOUN
ftr-322	929	17	permits	permit	VERB
ftr-322	929	18	tax	tax	NOUN
ftr-322	929	19	reduction	reduction	NOUN
ftr-322	929	20	that	that	PRON
ftr-322	929	21	arguably	arguably	ADV
ftr-322	929	22	is	be	AUX
ftr-322	929	23	untoward	untoward	ADJ
ftr-322	929	24	;	;	PUNCT
ftr-322	929	25	if	if	SCONJ
ftr-322	929	26	there	there	PRON
ftr-322	929	27	is	be	VERB
ftr-322	929	28	not	not	PART
ftr-322	929	29	,	,	PUNCT
ftr-322	929	30	then	then	ADV
ftr-322	929	31	,	,	PUNCT
ftr-322	929	32	at	at	ADP
ftr-322	929	33	least	least	ADJ
ftr-322	929	34	on	on	ADP
ftr-322	929	35	the	the	DET
ftr-322	929	36	funds	fund	NOUN
ftr-322	929	37	‘	'	PUNCT
ftr-322	929	38	side	side	NOUN
ftr-322	929	39	,	,	PUNCT
ftr-322	929	40	there	there	PRON
ftr-322	929	41	does	do	AUX
ftr-322	929	42	not	not	PART
ftr-322	929	43	seem	seem	VERB
ftr-322	929	44	to	to	PART
ftr-322	929	45	be	be	AUX
ftr-322	929	46	much	much	ADJ
ftr-322	929	47	reason	reason	NOUN
ftr-322	929	48	to	to	PART
ftr-322	929	49	preclude	preclude	VERB
ftr-322	929	50	use	use	NOUN
ftr-322	929	51	of	of	ADP
ftr-322	929	52	the	the	DET
ftr-322	929	53	partnership	partnership	NOUN
ftr-322	929	54	form	form	NOUN
ftr-322	929	55	as	as	ADP
ftr-322	929	56	a	a	DET
ftr-322	929	57	way	way	NOUN
ftr-322	929	58	to	to	PART
ftr-322	929	59	get	get	VERB
ftr-322	929	60	around	around	ADP
ftr-322	929	61	the	the	DET
ftr-322	929	62	technical	technical	ADJ
ftr-322	929	63	difficulty	difficulty	NOUN
ftr-322	929	64	that	that	PRON
ftr-322	929	65	a	a	DET
ftr-322	929	66	liquidity	liquidity	NOUN
ftr-322	929	67	payment	payment	NOUN
ftr-322	929	68	would	would	AUX
ftr-322	929	69	not	not	PART
ftr-322	929	70	qualify	qualify	VERB
ftr-322	929	71	as	as	ADP
ftr-322	929	72	a	a	DET
ftr-322	929	73	reduction	reduction	NOUN
ftr-322	929	74	of	of	ADP
ftr-322	929	75	income	income	NOUN
ftr-322	929	76	for	for	ADP
ftr-322	929	77	purposes	purpose	NOUN
ftr-322	929	78	of	of	ADP
ftr-322	929	79	the	the	DET
ftr-322	929	80	90	90	NUM
ftr-322	929	81	percent	percent	NOUN
ftr-322	929	82	distribution	distribution	NOUN
ftr-322	929	83	requirement	requirement	NOUN
ftr-322	929	84	(	(	PUNCT
ftr-322	929	85	assuming	assume	VERB
ftr-322	929	86	,	,	PUNCT
ftr-322	929	87	that	that	ADV
ftr-322	929	88	is	is	ADV
ftr-322	929	89	,	,	PUNCT
ftr-322	929	90	that	that	SCONJ
ftr-322	929	91	the	the	DET
ftr-322	929	92	payment	payment	NOUN
ftr-322	929	93	would	would	AUX
ftr-322	929	94	have	have	VERB
ftr-322	929	95	to	to	PART
ftr-322	929	96	be	be	AUX
ftr-322	929	97	capitalized	capitalize	VERB
ftr-322	929	98	)	)	PUNCT
ftr-322	929	99	.	.	PUNCT
ftr-322	930	1	125	125	NUM
ftr-322	930	2	the	the	DET
ftr-322	930	3	principal	principal	ADJ
ftr-322	930	4	basis	basis	NOUN
ftr-322	930	5	for	for	ADP
ftr-322	930	6	concluding	conclude	VERB
ftr-322	930	7	that	that	PRON
ftr-322	930	8	untoward	untoward	ADJ
ftr-322	930	9	tax	tax	NOUN
ftr-322	930	10	reduction	reduction	NOUN
ftr-322	930	11	does	do	AUX
ftr-322	930	12	not	not	PART
ftr-322	930	13	occur	occur	VERB
ftr-322	930	14	is	be	AUX
ftr-322	930	15	that	that	SCONJ
ftr-322	930	16	the	the	DET
ftr-322	930	17	payments	payment	NOUN
ftr-322	930	18	are	be	AUX
ftr-322	930	19	not	not	PART
ftr-322	930	20	deductible	deductible	ADJ
ftr-322	930	21	in	in	ADP
ftr-322	930	22	any	any	DET
ftr-322	930	23	case	case	NOUN
ftr-322	930	24	,	,	PUNCT
ftr-322	930	25	because	because	SCONJ
ftr-322	930	26	of	of	ADP
ftr-322	930	27	the	the	DET
ftr-322	930	28	anti	anti	ADJ
ftr-322	930	29	-	-	ADJ
ftr-322	930	30	arbitrage	arbitrage	ADJ
ftr-322	930	31	rule	rule	NOUN
ftr-322	930	32	of	of	ADP
ftr-322	930	33	section	section	NOUN
ftr-322	930	34	265(a	265(a	PROPN
ftr-322	930	35	)	)	PUNCT
ftr-322	930	36	,	,	PUNCT
ftr-322	930	37	which	which	PRON
ftr-322	930	38	generally	generally	ADV
ftr-322	930	39	denies	deny	VERB
ftr-322	930	40	deductions	deduction	NOUN
ftr-322	930	41	for	for	ADP
ftr-322	930	42	costs	cost	NOUN
ftr-322	930	43	incurred	incur	VERB
ftr-322	930	44	in	in	ADP
ftr-322	930	45	order	order	NOUN
ftr-322	930	46	to	to	PART
ftr-322	930	47	generate	generate	VERB
ftr-322	930	48	taxexempt	taxexempt	ADJ
ftr-322	930	49	income	income	NOUN
ftr-322	930	50	.	.	PUNCT
ftr-322	931	1	in	in	ADP
ftr-322	931	2	addition	addition	NOUN
ftr-322	931	3	,	,	PUNCT
ftr-322	931	4	the	the	DET
ftr-322	931	5	technical	technical	ADJ
ftr-322	931	6	rule	rule	NOUN
ftr-322	931	7	that	that	SCONJ
ftr-322	931	8	capitalizable	capitalizable	ADJ
ftr-322	931	9	costs	cost	NOUN
ftr-322	931	10	do	do	AUX
ftr-322	931	11	not	not	PART
ftr-322	931	12	count	count	VERB
ftr-322	931	13	for	for	ADP
ftr-322	931	14	purposes	purpose	NOUN
ftr-322	931	15	of	of	ADP
ftr-322	931	16	calculating	calculate	VERB
ftr-322	931	17	the	the	DET
ftr-322	931	18	90	90	NUM
ftr-322	931	19	percent	percent	NOUN
ftr-322	931	20	rule	rule	NOUN
ftr-322	931	21	of	of	ADP
ftr-322	931	22	section	section	NOUN
ftr-322	931	23	852(a)(1	852(a)(1	NUM
ftr-322	931	24	)	)	PUNCT
ftr-322	931	25	does	do	AUX
ftr-322	931	26	not	not	PART
ftr-322	931	27	appear	appear	VERB
ftr-322	931	28	to	to	PART
ftr-322	931	29	have	have	VERB
ftr-322	931	30	a	a	DET
ftr-322	931	31	deep	deep	ADJ
ftr-322	931	32	theoretical	theoretical	ADJ
ftr-322	931	33	foundation	foundation	NOUN
ftr-322	931	34	.	.	PUNCT
ftr-322	932	1	even	even	ADV
ftr-322	932	2	if	if	SCONJ
ftr-322	932	3	an	an	DET
ftr-322	932	4	outlay	outlay	NOUN
ftr-322	932	5	for	for	ADP
ftr-322	932	6	liquidity	liquidity	NOUN
ftr-322	932	7	protection	protection	NOUN
ftr-322	932	8	would	would	AUX
ftr-322	932	9	properly	properly	ADV
ftr-322	932	10	be	be	AUX
ftr-322	932	11	capitalized	capitalize	VERB
ftr-322	932	12	rather	rather	ADV
ftr-322	932	13	than	than	ADP
ftr-322	932	14	deducted	deduct	VERB
ftr-322	932	15	,	,	PUNCT
ftr-322	932	16	it	it	PRON
ftr-322	932	17	does	do	AUX
ftr-322	932	18	not	not	PART
ftr-322	932	19	appear	appear	VERB
ftr-322	932	20	that	that	SCONJ
ftr-322	932	21	effectively	effectively	ADV
ftr-322	932	22	permitting	permit	VERB
ftr-322	932	23	a	a	DET
ftr-322	932	24	deduction	deduction	NOUN
ftr-322	932	25	(	(	PUNCT
ftr-322	932	26	by	by	ADP
ftr-322	932	27	the	the	DET
ftr-322	932	28	mechanism	mechanism	NOUN
ftr-322	932	29	of	of	ADP
ftr-322	932	30	an	an	DET
ftr-322	932	31	exclusion	exclusion	NOUN
ftr-322	932	32	through	through	ADP
ftr-322	932	33	the	the	DET
ftr-322	932	34	partnership	partnership	NOUN
ftr-322	932	35	form	form	NOUN
ftr-322	932	36	)	)	PUNCT
ftr-322	932	37	for	for	ADP
ftr-322	932	38	the	the	DET
ftr-322	932	39	protection	protection	NOUN
ftr-322	932	40	that	that	PRON
ftr-322	932	41	is	be	AUX
ftr-322	932	42	purchased	purchase	VERB
ftr-322	932	43	provides	provide	VERB
ftr-322	932	44	a	a	DET
ftr-322	932	45	tax	tax	NOUN
ftr-322	932	46	benefit	benefit	NOUN
ftr-322	932	47	.	.	PUNCT
ftr-322	933	1	the	the	DET
ftr-322	933	2	outlay	outlay	NOUN
ftr-322	933	3	,	,	PUNCT
ftr-322	933	4	recall	recall	NOUN
ftr-322	933	5	,	,	PUNCT
ftr-322	933	6	is	be	AUX
ftr-322	933	7	made	make	VERB
ftr-322	933	8	on	on	ADP
ftr-322	933	9	an	an	DET
ftr-322	933	10	on	on	ADV
ftr-322	933	11	-	-	PUNCT
ftr-322	933	12	going	go	VERB
ftr-322	933	13	basis	basis	NOUN
ftr-322	933	14	in	in	ADP
ftr-322	933	15	the	the	DET
ftr-322	933	16	124	124	NUM
ftr-322	933	17	.	.	PUNCT
ftr-322	933	18	i.r.c	i.r.c	NOUN
ftr-322	933	19	.	.	PUNCT
ftr-322	934	1	§	§	PROPN
ftr-322	934	2	561	561	NUM
ftr-322	934	3	.	.	PUNCT
ftr-322	934	4	125	125	NUM
ftr-322	934	5	.	.	PUNCT
ftr-322	934	6	i.r.c	i.r.c	NOUN
ftr-322	934	7	.	.	PUNCT
ftr-322	935	1	§	§	PROPN
ftr-322	935	2	852(a)(1)(b	852(a)(1)(b	PROPN
ftr-322	935	3	)	)	PUNCT
ftr-322	935	4	.	.	PUNCT
ftr-322	936	1	2012	2012	NUM
ftr-322	936	2	]	]	PUNCT
ftr-322	936	3	special	special	ADJ
ftr-322	936	4	allocations	allocation	NOUN
ftr-322	936	5	revisited	revisit	VERB
ftr-322	936	6	393	393	NUM
ftr-322	936	7	form	form	NOUN
ftr-322	936	8	of	of	ADP
ftr-322	936	9	a	a	DET
ftr-322	936	10	reduced	reduce	VERB
ftr-322	936	11	rate	rate	NOUN
ftr-322	936	12	of	of	ADP
ftr-322	936	13	return	return	NOUN
ftr-322	936	14	on	on	ADP
ftr-322	936	15	the	the	DET
ftr-322	936	16	tebp‘s	tebp‘	VERB
ftr-322	936	17	securities	security	NOUN
ftr-322	936	18	.	.	PUNCT
ftr-322	937	1	the	the	DET
ftr-322	937	2	effect	effect	NOUN
ftr-322	937	3	of	of	ADP
ftr-322	937	4	permitting	permit	VERB
ftr-322	937	5	an	an	DET
ftr-322	937	6	immediate	immediate	ADJ
ftr-322	937	7	deduction	deduction	NOUN
ftr-322	937	8	(	(	PUNCT
ftr-322	937	9	or	or	CCONJ
ftr-322	937	10	exclusion	exclusion	NOUN
ftr-322	937	11	)	)	PUNCT
ftr-322	937	12	of	of	ADP
ftr-322	937	13	amounts	amount	NOUN
ftr-322	937	14	actually	actually	ADV
ftr-322	937	15	paid	pay	VERB
ftr-322	937	16	(	(	PUNCT
ftr-322	937	17	constructively	constructively	ADV
ftr-322	937	18	received	receive	VERB
ftr-322	937	19	and	and	CCONJ
ftr-322	937	20	paid	pay	VERB
ftr-322	937	21	over	over	ADV
ftr-322	937	22	)	)	PUNCT
ftr-322	937	23	is	be	AUX
ftr-322	937	24	not	not	PART
ftr-322	937	25	,	,	PUNCT
ftr-322	937	26	then	then	ADV
ftr-322	937	27	,	,	PUNCT
ftr-322	937	28	to	to	PART
ftr-322	937	29	accelerate	accelerate	VERB
ftr-322	937	30	the	the	DET
ftr-322	937	31	deduction	deduction	NOUN
ftr-322	937	32	for	for	ADP
ftr-322	937	33	a	a	DET
ftr-322	937	34	capital	capital	NOUN
ftr-322	937	35	item	item	NOUN
ftr-322	937	36	because	because	SCONJ
ftr-322	937	37	only	only	ADV
ftr-322	937	38	the	the	DET
ftr-322	937	39	portion	portion	NOUN
ftr-322	937	40	of	of	ADP
ftr-322	937	41	the	the	DET
ftr-322	937	42	outlay	outlay	NOUN
ftr-322	937	43	attributable	attributable	ADJ
ftr-322	937	44	to	to	ADP
ftr-322	937	45	the	the	DET
ftr-322	937	46	current	current	ADJ
ftr-322	937	47	year	year	NOUN
ftr-322	937	48	is	be	AUX
ftr-322	937	49	actually	actually	ADV
ftr-322	937	50	made	make	VERB
ftr-322	937	51	in	in	ADP
ftr-322	937	52	the	the	DET
ftr-322	937	53	current	current	ADJ
ftr-322	937	54	year	year	NOUN
ftr-322	937	55	,	,	PUNCT
ftr-322	937	56	and	and	CCONJ
ftr-322	937	57	only	only	ADV
ftr-322	937	58	that	that	DET
ftr-322	937	59	portion	portion	NOUN
ftr-322	937	60	is	be	AUX
ftr-322	937	61	effectively	effectively	ADV
ftr-322	937	62	deducted	deduct	VERB
ftr-322	937	63	under	under	ADP
ftr-322	937	64	the	the	DET
ftr-322	937	65	partnership	partnership	NOUN
ftr-322	937	66	arrangement	arrangement	NOUN
ftr-322	937	67	(	(	PUNCT
ftr-322	937	68	by	by	ADP
ftr-322	937	69	means	mean	NOUN
ftr-322	937	70	of	of	ADP
ftr-322	937	71	the	the	DET
ftr-322	937	72	exclusion	exclusion	NOUN
ftr-322	937	73	)	)	PUNCT
ftr-322	937	74	.	.	PUNCT
ftr-322	938	1	126	126	NUM
ftr-322	938	2	in	in	ADP
ftr-322	938	3	short	short	ADJ
ftr-322	938	4	,	,	PUNCT
ftr-322	938	5	if	if	SCONJ
ftr-322	938	6	the	the	DET
ftr-322	938	7	only	only	ADJ
ftr-322	938	8	tax	tax	NOUN
ftr-322	938	9	concern	concern	NOUN
ftr-322	938	10	were	be	AUX
ftr-322	938	11	the	the	DET
ftr-322	938	12	treatment	treatment	NOUN
ftr-322	938	13	of	of	ADP
ftr-322	938	14	money	money	NOUN
ftr-322	938	15	market	market	NOUN
ftr-322	938	16	fund	fund	NOUN
ftr-322	938	17	shareholders	shareholder	NOUN
ftr-322	938	18	,	,	PUNCT
ftr-322	938	19	the	the	DET
ftr-322	938	20	use	use	NOUN
ftr-322	938	21	of	of	ADP
ftr-322	938	22	the	the	DET
ftr-322	938	23	partnership	partnership	NOUN
ftr-322	938	24	form	form	NOUN
ftr-322	938	25	to	to	PART
ftr-322	938	26	get	get	VERB
ftr-322	938	27	around	around	ADP
ftr-322	938	28	the	the	DET
ftr-322	938	29	technical	technical	ADJ
ftr-322	938	30	difficulties	difficulty	NOUN
ftr-322	938	31	that	that	PRON
ftr-322	938	32	section	section	NOUN
ftr-322	938	33	852(a)(1)(b	852(a)(1)(b	PROPN
ftr-322	938	34	)	)	PUNCT
ftr-322	938	35	creates	create	VERB
ftr-322	938	36	does	do	AUX
ftr-322	938	37	not	not	PART
ftr-322	938	38	appear	appear	VERB
ftr-322	938	39	problematic	problematic	ADJ
ftr-322	938	40	.	.	PUNCT
ftr-322	939	1	there	there	PRON
ftr-322	939	2	remains	remain	VERB
ftr-322	939	3	,	,	PUNCT
ftr-322	939	4	however	however	ADV
ftr-322	939	5	,	,	PUNCT
ftr-322	939	6	the	the	DET
ftr-322	939	7	treatment	treatment	NOUN
ftr-322	939	8	of	of	ADP
ftr-322	939	9	the	the	DET
ftr-322	939	10	holders	holder	NOUN
ftr-322	939	11	of	of	ADP
ftr-322	939	12	residual	residual	ADJ
ftr-322	939	13	interests	interest	NOUN
ftr-322	939	14	in	in	ADP
ftr-322	939	15	the	the	DET
ftr-322	939	16	tebp	tebp	NOUN
ftr-322	939	17	.	.	PUNCT
ftr-322	940	1	outside	outside	ADP
ftr-322	940	2	of	of	ADP
ftr-322	940	3	the	the	DET
ftr-322	940	4	partnership	partnership	NOUN
ftr-322	940	5	setting	setting	NOUN
ftr-322	940	6	,	,	PUNCT
ftr-322	940	7	a	a	DET
ftr-322	940	8	liquidity	liquidity	NOUN
ftr-322	940	9	payment	payment	NOUN
ftr-322	940	10	would	would	AUX
ftr-322	940	11	be	be	AUX
ftr-322	940	12	taxable	taxable	ADJ
ftr-322	940	13	to	to	ADP
ftr-322	940	14	the	the	DET
ftr-322	940	15	recipient	recipient	NOUN
ftr-322	940	16	as	as	ADP
ftr-322	940	17	ordinary	ordinary	ADJ
ftr-322	940	18	income	income	NOUN
ftr-322	940	19	.	.	PUNCT
ftr-322	941	1	under	under	ADP
ftr-322	941	2	the	the	DET
ftr-322	941	3	partnership	partnership	NOUN
ftr-322	941	4	special	special	ADJ
ftr-322	941	5	allocation	allocation	NOUN
ftr-322	941	6	,	,	PUNCT
ftr-322	941	7	the	the	DET
ftr-322	941	8	liquidity	liquidity	NOUN
ftr-322	941	9	payment	payment	NOUN
ftr-322	941	10	takes	take	VERB
ftr-322	941	11	the	the	DET
ftr-322	941	12	form	form	NOUN
ftr-322	941	13	of	of	ADP
ftr-322	941	14	tax	tax	NOUN
ftr-322	941	15	-	-	PUNCT
ftr-322	941	16	exempt	exempt	ADJ
ftr-322	941	17	interest	interest	NOUN
ftr-322	941	18	redirected	redirect	VERB
ftr-322	941	19	from	from	ADP
ftr-322	941	20	the	the	DET
ftr-322	941	21	variable	variable	ADJ
ftr-322	941	22	holders	holder	NOUN
ftr-322	941	23	to	to	ADP
ftr-322	941	24	the	the	DET
ftr-322	941	25	residual	residual	ADJ
ftr-322	941	26	holders	holder	NOUN
ftr-322	941	27	(	(	PUNCT
ftr-322	941	28	assuming	assume	VERB
ftr-322	941	29	they	they	PRON
ftr-322	941	30	are	be	AUX
ftr-322	941	31	the	the	DET
ftr-322	941	32	liquidity	liquidity	NOUN
ftr-322	941	33	providers	provider	NOUN
ftr-322	941	34	;	;	PUNCT
ftr-322	941	35	in	in	ADP
ftr-322	941	36	some	some	DET
ftr-322	941	37	cases	case	NOUN
ftr-322	941	38	they	they	PRON
ftr-322	941	39	are	be	AUX
ftr-322	941	40	not	not	PART
ftr-322	941	41	127	127	NUM
ftr-322	941	42	)	)	PUNCT
ftr-322	941	43	.	.	PUNCT
ftr-322	942	1	consequently	consequently	ADV
ftr-322	942	2	,	,	PUNCT
ftr-322	942	3	there	there	PRON
ftr-322	942	4	is	be	VERB
ftr-322	942	5	a	a	DET
ftr-322	942	6	net	net	ADJ
ftr-322	942	7	reduction	reduction	NOUN
ftr-322	942	8	in	in	ADP
ftr-322	942	9	total	total	ADJ
ftr-322	942	10	tax	tax	NOUN
ftr-322	942	11	revenue	revenue	NOUN
ftr-322	942	12	.	.	PUNCT
ftr-322	943	1	however	however	ADV
ftr-322	943	2	,	,	PUNCT
ftr-322	943	3	the	the	DET
ftr-322	943	4	fact	fact	NOUN
ftr-322	943	5	that	that	SCONJ
ftr-322	943	6	a	a	DET
ftr-322	943	7	revenue	revenue	NOUN
ftr-322	943	8	loss	loss	NOUN
ftr-322	943	9	arises	arise	VERB
ftr-322	943	10	should	should	AUX
ftr-322	943	11	not	not	PART
ftr-322	943	12	be	be	AUX
ftr-322	943	13	determinative	determinative	ADJ
ftr-322	943	14	,	,	PUNCT
ftr-322	943	15	by	by	ADP
ftr-322	943	16	itself	itself	PRON
ftr-322	943	17	,	,	PUNCT
ftr-322	943	18	of	of	ADP
ftr-322	943	19	whether	whether	SCONJ
ftr-322	943	20	the	the	DET
ftr-322	943	21	special	special	ADJ
ftr-322	943	22	allocation	allocation	NOUN
ftr-322	943	23	ought	ought	AUX
ftr-322	943	24	to	to	PART
ftr-322	943	25	be	be	AUX
ftr-322	943	26	permitted	permit	VERB
ftr-322	943	27	.	.	PUNCT
ftr-322	944	1	in	in	ADP
ftr-322	944	2	light	light	NOUN
ftr-322	944	3	of	of	ADP
ftr-322	944	4	these	these	DET
ftr-322	944	5	considerations	consideration	NOUN
ftr-322	944	6	,	,	PUNCT
ftr-322	944	7	it	it	PRON
ftr-322	944	8	would	would	AUX
ftr-322	944	9	appear	appear	VERB
ftr-322	944	10	that	that	SCONJ
ftr-322	944	11	the	the	DET
ftr-322	944	12	tax	tax	NOUN
ftr-322	944	13	policy	policy	NOUN
ftr-322	944	14	issue	issue	NOUN
ftr-322	944	15	for	for	ADP
ftr-322	944	16	tebps	tebps	NOUN
ftr-322	944	17	is	be	AUX
ftr-322	944	18	whether	whether	SCONJ
ftr-322	944	19	the	the	DET
ftr-322	944	20	failure	failure	NOUN
ftr-322	944	21	of	of	ADP
ftr-322	944	22	the	the	DET
ftr-322	944	23	market	market	NOUN
ftr-322	944	24	to	to	PART
ftr-322	944	25	supply	supply	VERB
ftr-322	944	26	an	an	DET
ftr-322	944	27	investment	investment	NOUN
ftr-322	944	28	vehicle	vehicle	NOUN
ftr-322	944	29	for	for	ADP
ftr-322	944	30	which	which	PRON
ftr-322	944	31	legitimate	legitimate	ADJ
ftr-322	944	32	demand	demand	NOUN
ftr-322	944	33	exists	exist	VERB
ftr-322	944	34	is	be	AUX
ftr-322	944	35	a	a	DET
ftr-322	944	36	sufficient	sufficient	ADJ
ftr-322	944	37	basis	basis	NOUN
ftr-322	944	38	to	to	PART
ftr-322	944	39	permit	permit	VERB
ftr-322	944	40	the	the	DET
ftr-322	944	41	residual	residual	ADJ
ftr-322	944	42	holders	holder	NOUN
ftr-322	944	43	,	,	PUNCT
ftr-322	944	44	through	through	ADP
ftr-322	944	45	the	the	DET
ftr-322	944	46	mechanism	mechanism	NOUN
ftr-322	944	47	of	of	ADP
ftr-322	944	48	a	a	DET
ftr-322	944	49	special	special	ADJ
ftr-322	944	50	allocation	allocation	NOUN
ftr-322	944	51	,	,	PUNCT
ftr-322	944	52	to	to	PART
ftr-322	944	53	avoid	avoid	VERB
ftr-322	944	54	tax	tax	NOUN
ftr-322	944	55	on	on	ADP
ftr-322	944	56	what	what	PRON
ftr-322	944	57	is	be	AUX
ftr-322	944	58	effectively	effectively	ADV
ftr-322	944	59	compensation	compensation	NOUN
ftr-322	944	60	income	income	NOUN
ftr-322	944	61	.	.	PUNCT
ftr-322	945	1	the	the	DET
ftr-322	945	2	issue	issue	NOUN
ftr-322	945	3	is	be	AUX
ftr-322	945	4	not	not	PART
ftr-322	945	5	what	what	PRON
ftr-322	945	6	the	the	DET
ftr-322	945	7	right	right	ADJ
ftr-322	945	8	answer	answer	NOUN
ftr-322	945	9	to	to	ADP
ftr-322	945	10	the	the	DET
ftr-322	945	11	question	question	NOUN
ftr-322	945	12	is	be	AUX
ftr-322	945	13	,	,	PUNCT
ftr-322	945	14	or	or	CCONJ
ftr-322	945	15	even	even	ADV
ftr-322	945	16	if	if	SCONJ
ftr-322	945	17	there	there	PRON
ftr-322	945	18	is	be	VERB
ftr-322	945	19	a	a	DET
ftr-322	945	20	right	right	ADJ
ftr-322	945	21	answer	answer	NOUN
ftr-322	945	22	in	in	ADP
ftr-322	945	23	the	the	DET
ftr-322	945	24	abstract	abstract	NOUN
ftr-322	945	25	,	,	PUNCT
ftr-322	945	26	but	but	CCONJ
ftr-322	945	27	whether	whether	SCONJ
ftr-322	945	28	it	it	PRON
ftr-322	945	29	would	would	AUX
ftr-322	945	30	be	be	AUX
ftr-322	945	31	reasonable	reasonable	ADJ
ftr-322	945	32	for	for	ADP
ftr-322	945	33	the	the	DET
ftr-322	945	34	irs	irs	PROPN
ftr-322	945	35	or	or	CCONJ
ftr-322	945	36	treasury	treasury	PROPN
ftr-322	945	37	to	to	PART
ftr-322	945	38	conclude	conclude	VERB
ftr-322	945	39	that	that	SCONJ
ftr-322	945	40	the	the	DET
ftr-322	945	41	tax	tax	NOUN
ftr-322	945	42	revenue	revenue	NOUN
ftr-322	945	43	loss	loss	NOUN
ftr-322	945	44	is	be	AUX
ftr-322	945	45	worth	worth	ADJ
ftr-322	945	46	it	it	PRON
ftr-322	945	47	.	.	PUNCT
ftr-322	946	1	unlike	unlike	ADP
ftr-322	946	2	the	the	DET
ftr-322	946	3	typical	typical	ADJ
ftr-322	946	4	special	special	ADJ
ftr-322	946	5	allocation	allocation	NOUN
ftr-322	946	6	for	for	ADP
ftr-322	946	7	which	which	PRON
ftr-322	946	8	the	the	DET
ftr-322	946	9	impetus	impetus	NOUN
ftr-322	946	10	is	be	AUX
ftr-322	946	11	tax	tax	NOUN
ftr-322	946	12	avoidance	avoidance	NOUN
ftr-322	946	13	,	,	PUNCT
ftr-322	946	14	the	the	DET
ftr-322	946	15	special	special	ADJ
ftr-322	946	16	allocation	allocation	NOUN
ftr-322	946	17	in	in	ADP
ftr-322	946	18	the	the	DET
ftr-322	946	19	tebp	tebp	ADJ
ftr-322	946	20	case	case	NOUN
ftr-322	946	21	is	be	AUX
ftr-322	946	22	not	not	PART
ftr-322	946	23	motivated	motivate	VERB
ftr-322	946	24	by	by	ADP
ftr-322	946	25	untoward	untoward	ADJ
ftr-322	946	26	tax	tax	NOUN
ftr-322	946	27	avoidance	avoidance	NOUN
ftr-322	946	28	.	.	PUNCT
ftr-322	947	1	(	(	PUNCT
ftr-322	947	2	the	the	DET
ftr-322	947	3	motivation	motivation	NOUN
ftr-322	947	4	is	be	AUX
ftr-322	947	5	tax	tax	NOUN
ftr-322	947	6	-	-	PUNCT
ftr-322	947	7	based	base	VERB
ftr-322	947	8	in	in	ADP
ftr-322	947	9	that	that	SCONJ
ftr-322	947	10	it	it	PRON
ftr-322	947	11	is	be	AUX
ftr-322	947	12	to	to	PART
ftr-322	947	13	ensure	ensure	VERB
ftr-322	947	14	the	the	DET
ftr-322	947	15	preservation	preservation	NOUN
ftr-322	947	16	of	of	ADP
ftr-322	947	17	a	a	DET
ftr-322	947	18	tax	tax	NOUN
ftr-322	947	19	exclusion	exclusion	NOUN
ftr-322	947	20	,	,	PUNCT
ftr-322	947	21	but	but	CCONJ
ftr-322	947	22	the	the	DET
ftr-322	947	23	exclusion	exclusion	NOUN
ftr-322	947	24	itself	itself	PRON
ftr-322	947	25	is	be	AUX
ftr-322	947	26	provided	provide	VERB
ftr-322	947	27	under	under	ADP
ftr-322	947	28	the	the	DET
ftr-322	947	29	code	code	NOUN
ftr-322	947	30	.	.	PUNCT
ftr-322	947	31	)	)	PUNCT
ftr-322	948	1	however	however	ADV
ftr-322	948	2	one	one	PRON
ftr-322	948	3	comes	come	VERB
ftr-322	948	4	down	down	ADP
ftr-322	948	5	on	on	ADP
ftr-322	948	6	the	the	DET
ftr-322	948	7	answer	answer	NOUN
ftr-322	948	8	to	to	ADP
ftr-322	948	9	the	the	DET
ftr-322	948	10	underlying	underlying	ADJ
ftr-322	948	11	question	question	NOUN
ftr-322	948	12	,	,	PUNCT
ftr-322	948	13	the	the	DET
ftr-322	948	14	factors	factor	NOUN
ftr-322	948	15	to	to	PART
ftr-322	948	16	be	be	AUX
ftr-322	948	17	weighed	weigh	VERB
ftr-322	948	18	in	in	ADP
ftr-322	948	19	making	make	VERB
ftr-322	948	20	the	the	DET
ftr-322	948	21	determination	determination	NOUN
ftr-322	948	22	differ	differ	VERB
ftr-322	948	23	from	from	ADP
ftr-322	948	24	those	those	PRON
ftr-322	948	25	in	in	ADP
ftr-322	948	26	the	the	DET
ftr-322	948	27	usual	usual	ADJ
ftr-322	948	28	special	special	ADJ
ftr-322	948	29	allocation	allocation	NOUN
ftr-322	948	30	in	in	ADP
ftr-322	948	31	that	that	DET
ftr-322	948	32	valid	valid	ADJ
ftr-322	948	33	considerations	consideration	NOUN
ftr-322	948	34	exist	exist	VERB
ftr-322	948	35	on	on	ADP
ftr-322	948	36	both	both	DET
ftr-322	948	37	sides	side	NOUN
ftr-322	948	38	.	.	PUNCT
ftr-322	949	1	in	in	ADP
ftr-322	949	2	other	other	ADJ
ftr-322	949	3	words	word	NOUN
ftr-322	949	4	,	,	PUNCT
ftr-322	949	5	congress	congress	PROPN
ftr-322	949	6	or	or	CCONJ
ftr-322	949	7	treasury	treasury	PROPN
ftr-322	949	8	could	could	AUX
ftr-322	949	9	reasonably	reasonably	ADV
ftr-322	949	10	believe	believe	VERB
ftr-322	949	11	that	that	SCONJ
ftr-322	949	12	fixing	fix	VERB
ftr-322	949	13	market	market	NOUN
ftr-322	949	14	imperfections	imperfection	NOUN
ftr-322	949	15	justifies	justify	VERB
ftr-322	949	16	providing	provide	VERB
ftr-322	949	17	an	an	DET
ftr-322	949	18	otherwise	otherwise	ADV
ftr-322	949	19	untoward	untoward	ADJ
ftr-322	949	20	tax	tax	NOUN
ftr-322	949	21	benefit	benefit	NOUN
ftr-322	949	22	to	to	ADP
ftr-322	949	23	the	the	DET
ftr-322	949	24	residual	residual	ADJ
ftr-322	949	25	holders	holder	NOUN
ftr-322	949	26	.	.	PUNCT
ftr-322	950	1	126	126	NUM
ftr-322	950	2	.	.	PUNCT
ftr-322	951	1	even	even	ADV
ftr-322	951	2	accrual	accrual	ADJ
ftr-322	951	3	method	method	NOUN
ftr-322	951	4	taxpayers	taxpayer	NOUN
ftr-322	951	5	would	would	AUX
ftr-322	951	6	be	be	AUX
ftr-322	951	7	unable	unable	ADJ
ftr-322	951	8	to	to	PART
ftr-322	951	9	deduct	deduct	VERB
ftr-322	951	10	the	the	DET
ftr-322	951	11	portion	portion	NOUN
ftr-322	951	12	of	of	ADP
ftr-322	951	13	a	a	DET
ftr-322	951	14	liquidity	liquidity	NOUN
ftr-322	951	15	payment	payment	NOUN
ftr-322	951	16	attributable	attributable	ADJ
ftr-322	951	17	to	to	ADP
ftr-322	951	18	future	future	ADJ
ftr-322	951	19	years	year	NOUN
ftr-322	951	20	because	because	SCONJ
ftr-322	951	21	neither	neither	CCONJ
ftr-322	951	22	the	the	DET
ftr-322	951	23	amount	amount	NOUN
ftr-322	951	24	nor	nor	CCONJ
ftr-322	951	25	the	the	DET
ftr-322	951	26	fact	fact	NOUN
ftr-322	951	27	that	that	SCONJ
ftr-322	951	28	the	the	DET
ftr-322	951	29	obligation	obligation	NOUN
ftr-322	951	30	is	be	AUX
ftr-322	951	31	fixed	fix	VERB
ftr-322	951	32	.	.	PUNCT
ftr-322	952	1	see	see	VERB
ftr-322	952	2	reg	reg	NOUN
ftr-322	952	3	.	.	PUNCT
ftr-322	953	1	§	§	PROPN
ftr-322	953	2	1.461	1.461	NUM
ftr-322	953	3	-	-	SYM
ftr-322	953	4	1(a)(2)(i	1(a)(2)(i	NUM
ftr-322	953	5	)	)	PUNCT
ftr-322	953	6	.	.	PUNCT
ftr-322	954	1	in	in	ADP
ftr-322	954	2	addition	addition	NOUN
ftr-322	954	3	,	,	PUNCT
ftr-322	954	4	economic	economic	ADJ
ftr-322	954	5	performance	performance	NOUN
ftr-322	954	6	occurs	occur	VERB
ftr-322	954	7	only	only	ADV
ftr-322	954	8	as	as	SCONJ
ftr-322	954	9	liquidity	liquidity	NOUN
ftr-322	954	10	protection	protection	NOUN
ftr-322	954	11	is	be	AUX
ftr-322	954	12	provided	provide	VERB
ftr-322	954	13	.	.	PUNCT
ftr-322	955	1	see	see	VERB
ftr-322	955	2	i.r.c	i.r.c	NOUN
ftr-322	955	3	.	.	PUNCT
ftr-322	956	1	§	§	PROPN
ftr-322	956	2	461(h)(2)(a	461(h)(2)(a	PROPN
ftr-322	956	3	)	)	PUNCT
ftr-322	956	4	.	.	PUNCT
ftr-322	957	1	127	127	NUM
ftr-322	957	2	.	.	PUNCT
ftr-322	958	1	notice	notice	VERB
ftr-322	958	2	2008	2008	NUM
ftr-322	958	3	-	-	SYM
ftr-322	958	4	80	80	NUM
ftr-322	958	5	,	,	PUNCT
ftr-322	958	6	2008	2008	NUM
ftr-322	958	7	-	-	SYM
ftr-322	958	8	2	2	NUM
ftr-322	958	9	c.b	c.b	PROPN
ftr-322	958	10	.	.	PROPN
ftr-322	958	11	820	820	NUM
ftr-322	958	12	.	.	PUNCT
ftr-322	959	1	394	394	NUM
ftr-322	959	2	florida	florida	PROPN
ftr-322	959	3	tax	tax	NOUN
ftr-322	959	4	review	review	NOUN
ftr-322	959	5	[	[	X
ftr-322	959	6	vol	vol	NOUN
ftr-322	959	7	.	.	PUNCT
ftr-322	960	1	13:7	13:7	NUM
ftr-322	960	2	vi	vi	PROPN
ftr-322	960	3	.	.	PROPN
ftr-322	960	4	conclusion	conclusion	NOUN
ftr-322	960	5	partnership	partnership	NOUN
ftr-322	960	6	special	special	ADJ
ftr-322	960	7	allocations	allocation	NOUN
ftr-322	960	8	present	present	VERB
ftr-322	960	9	a	a	DET
ftr-322	960	10	problem	problem	NOUN
ftr-322	960	11	under	under	ADP
ftr-322	960	12	the	the	DET
ftr-322	960	13	tax	tax	NOUN
ftr-322	960	14	law	law	NOUN
ftr-322	960	15	.	.	PUNCT
ftr-322	961	1	in	in	ADP
ftr-322	961	2	the	the	DET
ftr-322	961	3	abstract	abstract	NOUN
ftr-322	961	4	,	,	PUNCT
ftr-322	961	5	it	it	PRON
ftr-322	961	6	may	may	AUX
ftr-322	961	7	seem	seem	VERB
ftr-322	961	8	reasonable	reasonable	ADJ
ftr-322	961	9	to	to	PART
ftr-322	961	10	permit	permit	VERB
ftr-322	961	11	partners	partner	NOUN
ftr-322	961	12	,	,	PUNCT
ftr-322	961	13	when	when	SCONJ
ftr-322	961	14	motivated	motivate	VERB
ftr-322	961	15	by	by	ADP
ftr-322	961	16	a	a	DET
ftr-322	961	17	non	non	ADJ
ftr-322	961	18	-	-	ADJ
ftr-322	961	19	tax	tax	ADJ
ftr-322	961	20	business	business	NOUN
ftr-322	961	21	purpose	purpose	NOUN
ftr-322	961	22	,	,	PUNCT
ftr-322	961	23	to	to	PART
ftr-322	961	24	use	use	VERB
ftr-322	961	25	special	special	ADJ
ftr-322	961	26	allocations	allocation	NOUN
ftr-322	961	27	to	to	PART
ftr-322	961	28	assign	assign	VERB
ftr-322	961	29	types	type	NOUN
ftr-322	961	30	and	and	CCONJ
ftr-322	961	31	perhaps	perhaps	ADV
ftr-322	961	32	even	even	ADV
ftr-322	961	33	amounts	amount	NOUN
ftr-322	961	34	of	of	ADP
ftr-322	961	35	partnership	partnership	NOUN
ftr-322	961	36	igld	igld	ADJ
ftr-322	961	37	among	among	ADP
ftr-322	961	38	themselves	themselves	PRON
ftr-322	961	39	in	in	ADP
ftr-322	961	40	ways	way	NOUN
ftr-322	961	41	that	that	PRON
ftr-322	961	42	vary	vary	VERB
ftr-322	961	43	from	from	ADP
ftr-322	961	44	their	their	PRON
ftr-322	961	45	ratably	ratably	ADV
ftr-322	961	46	determined	determine	VERB
ftr-322	961	47	economic	economic	ADJ
ftr-322	961	48	rights	right	NOUN
ftr-322	961	49	to	to	ADP
ftr-322	961	50	these	these	DET
ftr-322	961	51	items	item	NOUN
ftr-322	961	52	.	.	PUNCT
ftr-322	962	1	this	this	DET
ftr-322	962	2	abstract	abstract	ADJ
ftr-322	962	3	idea	idea	NOUN
ftr-322	962	4	seems	seem	VERB
ftr-322	962	5	to	to	PART
ftr-322	962	6	have	have	AUX
ftr-322	962	7	motivated	motivate	VERB
ftr-322	962	8	the	the	DET
ftr-322	962	9	1976	1976	NUM
ftr-322	962	10	amendments	amendment	NOUN
ftr-322	962	11	to	to	PART
ftr-322	962	12	section	section	NOUN
ftr-322	962	13	704(b	704(b	PROPN
ftr-322	962	14	)	)	PUNCT
ftr-322	962	15	,	,	PUNCT
ftr-322	962	16	which	which	PRON
ftr-322	962	17	permit	permit	VERB
ftr-322	962	18	assignments	assignment	NOUN
ftr-322	962	19	that	that	PRON
ftr-322	962	20	have	have	VERB
ftr-322	962	21	―substantial	―substantial	ADJ
ftr-322	962	22	economic	economic	ADJ
ftr-322	962	23	effect.‖	effect.‖	NOUN
ftr-322	962	24	128	128	NUM
ftr-322	962	25	in	in	ADP
ftr-322	962	26	practice	practice	NOUN
ftr-322	962	27	,	,	PUNCT
ftr-322	962	28	however	however	ADV
ftr-322	962	29	,	,	PUNCT
ftr-322	962	30	the	the	DET
ftr-322	962	31	rules	rule	NOUN
ftr-322	962	32	that	that	PRON
ftr-322	962	33	govern	govern	VERB
ftr-322	962	34	special	special	ADJ
ftr-322	962	35	allocations	allocation	NOUN
ftr-322	962	36	are	be	AUX
ftr-322	962	37	too	too	ADV
ftr-322	962	38	lenient	lenient	ADJ
ftr-322	962	39	.	.	PUNCT
ftr-322	963	1	they	they	PRON
ftr-322	963	2	permit	permit	VERB
ftr-322	963	3	many	many	ADJ
ftr-322	963	4	assignments	assignment	NOUN
ftr-322	963	5	that	that	PRON
ftr-322	963	6	are	be	AUX
ftr-322	963	7	clearly	clearly	ADV
ftr-322	963	8	tax	tax	NOUN
ftr-322	963	9	-	-	PUNCT
ftr-322	963	10	motivated	motivated	ADJ
ftr-322	963	11	and	and	CCONJ
ftr-322	963	12	that	that	SCONJ
ftr-322	963	13	on	on	ADP
ftr-322	963	14	an	an	DET
ftr-322	963	15	ex	ex	NOUN
ftr-322	963	16	ante	ante	NOUN
ftr-322	963	17	basis	basis	NOUN
ftr-322	963	18	have	have	VERB
ftr-322	963	19	positive	positive	ADJ
ftr-322	963	20	value	value	NOUN
ftr-322	963	21	because	because	SCONJ
ftr-322	963	22	of	of	ADP
ftr-322	963	23	taxes	taxis	NOUN
ftr-322	963	24	.	.	PUNCT
ftr-322	964	1	the	the	DET
ftr-322	964	2	rules	rule	NOUN
ftr-322	964	3	have	have	VERB
ftr-322	964	4	a	a	DET
ftr-322	964	5	further	further	ADJ
ftr-322	964	6	problem	problem	NOUN
ftr-322	964	7	in	in	ADP
ftr-322	964	8	that	that	PRON
ftr-322	964	9	,	,	PUNCT
ftr-322	964	10	in	in	ADP
ftr-322	964	11	cases	case	NOUN
ftr-322	964	12	in	in	ADP
ftr-322	964	13	which	which	PRON
ftr-322	964	14	they	they	PRON
ftr-322	964	15	classify	classify	VERB
ftr-322	964	16	a	a	DET
ftr-322	964	17	special	special	ADJ
ftr-322	964	18	allocation	allocation	NOUN
ftr-322	964	19	as	as	ADP
ftr-322	964	20	lacking	lack	VERB
ftr-322	964	21	see	see	NOUN
ftr-322	964	22	,	,	PUNCT
ftr-322	964	23	they	they	PRON
ftr-322	964	24	provide	provide	VERB
ftr-322	964	25	a	a	DET
ftr-322	964	26	determination	determination	NOUN
ftr-322	964	27	of	of	ADP
ftr-322	964	28	pip	pip	NOUN
ftr-322	964	29	that	that	PRON
ftr-322	964	30	seems	seem	VERB
ftr-322	964	31	at	at	ADP
ftr-322	964	32	odds	odd	NOUN
ftr-322	964	33	with	with	ADP
ftr-322	964	34	the	the	DET
ftr-322	964	35	concept	concept	NOUN
ftr-322	964	36	of	of	ADP
ftr-322	964	37	pip	pip	PROPN
ftr-322	964	38	itself	itself	PRON
ftr-322	964	39	.	.	PUNCT
ftr-322	965	1	it	it	PRON
ftr-322	965	2	is	be	AUX
ftr-322	965	3	not	not	PART
ftr-322	965	4	clear	clear	ADJ
ftr-322	965	5	how	how	SCONJ
ftr-322	965	6	anything	anything	PRON
ftr-322	965	7	other	other	ADJ
ftr-322	965	8	than	than	ADP
ftr-322	965	9	a	a	DET
ftr-322	965	10	substantial	substantial	ADJ
ftr-322	965	11	narrowing	narrowing	NOUN
ftr-322	965	12	or	or	CCONJ
ftr-322	965	13	elimination	elimination	NOUN
ftr-322	965	14	of	of	ADP
ftr-322	965	15	the	the	DET
ftr-322	965	16	availability	availability	NOUN
ftr-322	965	17	of	of	ADP
ftr-322	965	18	special	special	ADJ
ftr-322	965	19	allocations	allocation	NOUN
ftr-322	965	20	within	within	ADP
ftr-322	965	21	the	the	DET
ftr-322	965	22	framework	framework	NOUN
ftr-322	965	23	of	of	ADP
ftr-322	965	24	partnership	partnership	NOUN
ftr-322	965	25	accounting	accounting	NOUN
ftr-322	965	26	can	can	AUX
ftr-322	965	27	address	address	VERB
ftr-322	965	28	these	these	DET
ftr-322	965	29	difficulties	difficulty	NOUN
ftr-322	965	30	.	.	PUNCT
ftr-322	966	1	an	an	DET
ftr-322	966	2	elimination	elimination	NOUN
ftr-322	966	3	of	of	ADP
ftr-322	966	4	special	special	ADJ
ftr-322	966	5	allocations	allocation	NOUN
ftr-322	966	6	would	would	AUX
ftr-322	966	7	require	require	VERB
ftr-322	966	8	accounting	account	VERB
ftr-322	966	9	for	for	ADP
ftr-322	966	10	the	the	DET
ftr-322	966	11	results	result	NOUN
ftr-322	966	12	of	of	ADP
ftr-322	966	13	special	special	ADJ
ftr-322	966	14	allocations	allocation	NOUN
ftr-322	966	15	outside	outside	ADP
ftr-322	966	16	of	of	ADP
ftr-322	966	17	the	the	DET
ftr-322	966	18	partnership	partnership	NOUN
ftr-322	966	19	,	,	PUNCT
ftr-322	966	20	much	much	ADV
ftr-322	966	21	as	as	SCONJ
ftr-322	966	22	has	have	AUX
ftr-322	966	23	been	be	AUX
ftr-322	966	24	explored	explore	VERB
ftr-322	966	25	here	here	ADV
ftr-322	966	26	in	in	ADP
ftr-322	966	27	the	the	DET
ftr-322	966	28	framework	framework	NOUN
ftr-322	966	29	of	of	ADP
ftr-322	966	30	aggregate	aggregate	ADJ
ftr-322	966	31	accounting	accounting	NOUN
ftr-322	966	32	.	.	PUNCT
ftr-322	967	1	a	a	DET
ftr-322	967	2	narrowing	narrowing	NOUN
ftr-322	967	3	of	of	ADP
ftr-322	967	4	the	the	DET
ftr-322	967	5	special	special	ADJ
ftr-322	967	6	allocation	allocation	NOUN
ftr-322	967	7	provisions	provision	NOUN
ftr-322	967	8	as	as	SCONJ
ftr-322	967	9	suggested	suggest	VERB
ftr-322	967	10	in	in	ADP
ftr-322	967	11	part	part	NOUN
ftr-322	967	12	v	v	NOUN
ftr-322	967	13	would	would	AUX
ftr-322	967	14	entail	entail	VERB
ftr-322	967	15	largely	largely	ADV
ftr-322	967	16	the	the	DET
ftr-322	967	17	same	same	ADJ
ftr-322	967	18	accounting	accounting	NOUN
ftr-322	967	19	,	,	PUNCT
ftr-322	967	20	with	with	ADP
ftr-322	967	21	,	,	PUNCT
ftr-322	967	22	however	however	ADV
ftr-322	967	23	,	,	PUNCT
ftr-322	967	24	the	the	DET
ftr-322	967	25	possibility	possibility	NOUN
ftr-322	967	26	for	for	ADP
ftr-322	967	27	limited	limited	ADJ
ftr-322	967	28	exceptions	exception	NOUN
ftr-322	967	29	to	to	PART
ftr-322	967	30	aggregate	aggregate	VERB
ftr-322	967	31	accounting	accounting	NOUN
ftr-322	967	32	where	where	SCONJ
ftr-322	967	33	non	non	ADJ
ftr-322	967	34	-	-	ADJ
ftr-322	967	35	tax	tax	ADJ
ftr-322	967	36	business	business	NOUN
ftr-322	967	37	concerns	concern	NOUN
ftr-322	967	38	motivate	motivate	VERB
ftr-322	967	39	the	the	DET
ftr-322	967	40	allocation	allocation	NOUN
ftr-322	967	41	and	and	CCONJ
ftr-322	967	42	tax	tax	NOUN
ftr-322	967	43	considerations	consideration	NOUN
ftr-322	967	44	are	be	AUX
ftr-322	967	45	adjudged	adjudge	VERB
ftr-322	967	46	insignificant	insignificant	ADJ
ftr-322	967	47	enough	enough	ADV
ftr-322	967	48	in	in	ADP
ftr-322	967	49	relation	relation	NOUN
ftr-322	967	50	to	to	ADP
ftr-322	967	51	those	those	DET
ftr-322	967	52	concerns	concern	NOUN
ftr-322	967	53	to	to	PART
ftr-322	967	54	warrant	warrant	VERB
ftr-322	967	55	the	the	DET
ftr-322	967	56	special	special	ADJ
ftr-322	967	57	allocation	allocation	NOUN
ftr-322	967	58	.	.	PUNCT
ftr-322	968	1	an	an	DET
ftr-322	968	2	alternative	alternative	NOUN
ftr-322	968	3	to	to	ADP
ftr-322	968	4	the	the	DET
ftr-322	968	5	approach	approach	NOUN
ftr-322	968	6	of	of	ADP
ftr-322	968	7	narrowing	narrow	VERB
ftr-322	968	8	or	or	CCONJ
ftr-322	968	9	eliminating	eliminate	VERB
ftr-322	968	10	special	special	ADJ
ftr-322	968	11	allocations	allocation	NOUN
ftr-322	968	12	would	would	AUX
ftr-322	968	13	be	be	AUX
ftr-322	968	14	to	to	PART
ftr-322	968	15	move	move	VERB
ftr-322	968	16	in	in	ADP
ftr-322	968	17	the	the	DET
ftr-322	968	18	opposite	opposite	ADJ
ftr-322	968	19	direction	direction	NOUN
ftr-322	968	20	,	,	PUNCT
ftr-322	968	21	in	in	ADP
ftr-322	968	22	which	which	DET
ftr-322	968	23	case	case	NOUN
ftr-322	968	24	the	the	DET
ftr-322	968	25	effort	effort	NOUN
ftr-322	968	26	should	should	AUX
ftr-322	968	27	extend	extend	VERB
ftr-322	968	28	beyond	beyond	ADP
ftr-322	968	29	section	section	NOUN
ftr-322	968	30	704	704	NUM
ftr-322	968	31	to	to	ADP
ftr-322	968	32	other	other	ADJ
ftr-322	968	33	aspects	aspect	NOUN
ftr-322	968	34	of	of	ADP
ftr-322	968	35	subchapter	subchapter	NOUN
ftr-322	968	36	k.	k.	PROPN
ftr-322	968	37	one	one	PRON
ftr-322	968	38	might	might	AUX
ftr-322	968	39	conclude	conclude	VERB
ftr-322	968	40	that	that	SCONJ
ftr-322	968	41	the	the	DET
ftr-322	968	42	abuses	abuse	NOUN
ftr-322	968	43	that	that	PRON
ftr-322	968	44	the	the	DET
ftr-322	968	45	see	see	NOUN
ftr-322	968	46	rules	rule	NOUN
ftr-322	968	47	permit	permit	VERB
ftr-322	968	48	are	be	AUX
ftr-322	968	49	simply	simply	ADV
ftr-322	968	50	too	too	ADV
ftr-322	968	51	costly	costly	ADJ
ftr-322	968	52	to	to	ADP
ftr-322	968	53	police	police	NOUN
ftr-322	968	54	or	or	CCONJ
ftr-322	968	55	too	too	ADV
ftr-322	968	56	small	small	ADJ
ftr-322	968	57	to	to	PART
ftr-322	968	58	worry	worry	VERB
ftr-322	968	59	about	about	ADP
ftr-322	968	60	,	,	PUNCT
ftr-322	968	61	since	since	SCONJ
ftr-322	968	62	they	they	PRON
ftr-322	968	63	generally	generally	ADV
ftr-322	968	64	involve	involve	VERB
ftr-322	968	65	character	character	NOUN
ftr-322	968	66	and	and	CCONJ
ftr-322	968	67	not	not	PART
ftr-322	968	68	amounts	amount	NOUN
ftr-322	968	69	.	.	PUNCT
ftr-322	969	1	while	while	SCONJ
ftr-322	969	2	i	i	PRON
ftr-322	969	3	am	be	AUX
ftr-322	969	4	not	not	PART
ftr-322	969	5	of	of	ADP
ftr-322	969	6	the	the	DET
ftr-322	969	7	view	view	NOUN
ftr-322	969	8	that	that	SCONJ
ftr-322	969	9	this	this	PRON
ftr-322	969	10	is	be	AUX
ftr-322	969	11	the	the	DET
ftr-322	969	12	appropriate	appropriate	ADJ
ftr-322	969	13	course	course	NOUN
ftr-322	969	14	,	,	PUNCT
ftr-322	969	15	reasonable	reasonable	ADJ
ftr-322	969	16	minds	mind	NOUN
ftr-322	969	17	can	can	AUX
ftr-322	969	18	disagree	disagree	VERB
ftr-322	969	19	.	.	PUNCT
ftr-322	970	1	129	129	NUM
ftr-322	970	2	if	if	SCONJ
ftr-322	970	3	congress	congress	PROPN
ftr-322	970	4	were	be	AUX
ftr-322	970	5	to	to	PART
ftr-322	970	6	make	make	VERB
ftr-322	970	7	the	the	DET
ftr-322	970	8	judgment	judgment	NOUN
ftr-322	970	9	that	that	SCONJ
ftr-322	970	10	the	the	DET
ftr-322	970	11	character	character	NOUN
ftr-322	970	12	-	-	PUNCT
ftr-322	970	13	motivated	motivate	VERB
ftr-322	970	14	shifts	shift	NOUN
ftr-322	970	15	under	under	ADP
ftr-322	970	16	the	the	DET
ftr-322	970	17	see	see	NOUN
ftr-322	970	18	rules	rule	NOUN
ftr-322	970	19	are	be	AUX
ftr-322	970	20	not	not	PART
ftr-322	970	21	abusive	abusive	ADJ
ftr-322	970	22	,	,	PUNCT
ftr-322	970	23	it	it	PRON
ftr-322	970	24	would	would	AUX
ftr-322	970	25	seem	seem	VERB
ftr-322	970	26	congress	congress	PROPN
ftr-322	970	27	ought	ought	AUX
ftr-322	970	28	to	to	PART
ftr-322	970	29	make	make	VERB
ftr-322	970	30	the	the	DET
ftr-322	970	31	same	same	ADJ
ftr-322	970	32	judgment	judgment	NOUN
ftr-322	970	33	about	about	ADP
ftr-322	970	34	character	character	NOUN
ftr-322	970	35	shifts	shift	NOUN
ftr-322	970	36	across	across	ADP
ftr-322	970	37	the	the	DET
ftr-322	970	38	board	board	NOUN
ftr-322	970	39	.	.	PUNCT
ftr-322	971	1	in	in	ADP
ftr-322	971	2	particular	particular	ADJ
ftr-322	971	3	,	,	PUNCT
ftr-322	971	4	it	it	PRON
ftr-322	971	5	would	would	AUX
ftr-322	971	6	seem	seem	VERB
ftr-322	971	7	that	that	SCONJ
ftr-322	971	8	congress	congress	PROPN
ftr-322	971	9	should	should	AUX
ftr-322	971	10	apply	apply	VERB
ftr-322	971	11	similar	similar	ADJ
ftr-322	971	12	reasoning	reasoning	NOUN
ftr-322	971	13	to	to	ADP
ftr-322	971	14	other	other	ADJ
ftr-322	971	15	provisions	provision	NOUN
ftr-322	971	16	of	of	ADP
ftr-322	971	17	subchapter	subchapter	NOUN
ftr-322	971	18	k	k	NOUN
ftr-322	971	19	,	,	PUNCT
ftr-322	971	20	many	many	ADJ
ftr-322	971	21	of	of	ADP
ftr-322	971	22	which	which	PRON
ftr-322	971	23	seek	seek	VERB
ftr-322	971	24	to	to	PART
ftr-322	971	25	prevent	prevent	VERB
ftr-322	971	26	the	the	DET
ftr-322	971	27	same	same	ADJ
ftr-322	971	28	type	type	NOUN
ftr-322	971	29	of	of	ADP
ftr-322	971	30	abuse	abuse	NOUN
ftr-322	971	31	that	that	SCONJ
ftr-322	971	32	the	the	DET
ftr-322	971	33	see	see	NOUN
ftr-322	971	34	rules	rule	NOUN
ftr-322	971	35	in	in	ADP
ftr-322	971	36	their	their	PRON
ftr-322	971	37	current	current	ADJ
ftr-322	971	38	form	form	NOUN
ftr-322	971	39	permit	permit	NOUN
ftr-322	971	40	.	.	PUNCT
ftr-322	972	1	of	of	ADP
ftr-322	972	2	particular	particular	ADJ
ftr-322	972	3	note	note	NOUN
ftr-322	972	4	in	in	ADP
ftr-322	972	5	this	this	DET
ftr-322	972	6	context	context	NOUN
ftr-322	972	7	would	would	AUX
ftr-322	972	8	be	be	AUX
ftr-322	972	9	section	section	NOUN
ftr-322	972	10	751	751	NUM
ftr-322	972	11	,	,	PUNCT
ftr-322	972	12	which	which	PRON
ftr-322	972	13	mandates	mandate	VERB
ftr-322	972	14	a	a	DET
ftr-322	972	15	complicated	complicated	ADJ
ftr-322	972	16	and	and	CCONJ
ftr-322	972	17	quite	quite	ADV
ftr-322	972	18	burdensome	burdensome	ADJ
ftr-322	972	19	test	test	NOUN
ftr-322	972	20	and	and	CCONJ
ftr-322	972	21	set	set	NOUN
ftr-322	972	22	of	of	ADP
ftr-322	972	23	128	128	NUM
ftr-322	972	24	.	.	PUNCT
ftr-322	972	25	i.r.c	i.r.c	NOUN
ftr-322	972	26	.	.	PUNCT
ftr-322	973	1	§	§	PROPN
ftr-322	973	2	704(b	704(b	PROPN
ftr-322	973	3	)	)	PUNCT
ftr-322	973	4	.	.	PUNCT
ftr-322	974	1	129	129	NUM
ftr-322	974	2	.	.	PUNCT
ftr-322	975	1	see	see	VERB
ftr-322	975	2	,	,	PUNCT
ftr-322	975	3	e.g.	e.g.	ADV
ftr-322	975	4	,	,	PUNCT
ftr-322	975	5	mckee	mckee	PROPN
ftr-322	975	6	et	et	PROPN
ftr-322	975	7	al	al	PROPN
ftr-322	975	8	.	.	PROPN
ftr-322	975	9	,	,	PUNCT
ftr-322	975	10	partnerships	partnership	NOUN
ftr-322	975	11	and	and	CCONJ
ftr-322	975	12	partners	partner	NOUN
ftr-322	975	13	,	,	PUNCT
ftr-322	975	14	supra	supra	PROPN
ftr-322	975	15	n.18	n.18	PROPN
ftr-322	975	16	,	,	PUNCT
ftr-322	975	17	at	at	ADP
ftr-322	975	18	¶	¶	PROPN
ftr-322	975	19	21.01[2	21.01[2	NUM
ftr-322	975	20	]	]	X
ftr-322	975	21	(	(	PUNCT
ftr-322	975	22	arguing	argue	VERB
ftr-322	975	23	that	that	SCONJ
ftr-322	975	24	concerns	concern	NOUN
ftr-322	975	25	over	over	ADP
ftr-322	975	26	character	character	NOUN
ftr-322	975	27	shifts	shift	NOUN
ftr-322	975	28	are	be	AUX
ftr-322	975	29	overstated	overstate	VERB
ftr-322	975	30	)	)	PUNCT
ftr-322	975	31	.	.	PUNCT
ftr-322	976	1	2012	2012	NUM
ftr-322	976	2	]	]	PUNCT
ftr-322	976	3	special	special	ADJ
ftr-322	976	4	allocations	allocation	NOUN
ftr-322	976	5	revisited	revisit	VERB
ftr-322	976	6	395	395	NUM
ftr-322	976	7	constructive	constructive	ADJ
ftr-322	976	8	transactions	transaction	NOUN
ftr-322	976	9	in	in	ADP
ftr-322	976	10	order	order	NOUN
ftr-322	976	11	to	to	PART
ftr-322	976	12	determine	determine	VERB
ftr-322	976	13	whether	whether	SCONJ
ftr-322	976	14	liquidations	liquidation	NOUN
ftr-322	976	15	or	or	CCONJ
ftr-322	976	16	dispositions	disposition	NOUN
ftr-322	976	17	of	of	ADP
ftr-322	976	18	partnership	partnership	NOUN
ftr-322	976	19	interests	interest	NOUN
ftr-322	976	20	are	be	AUX
ftr-322	976	21	disproportionately	disproportionately	ADV
ftr-322	976	22	tilted	tilt	VERB
ftr-322	976	23	toward	toward	ADP
ftr-322	976	24	capital	capital	NOUN
ftr-322	976	25	or	or	CCONJ
ftr-322	976	26	ordinary	ordinary	ADJ
ftr-322	976	27	items	item	NOUN
ftr-322	976	28	and	and	CCONJ
ftr-322	976	29	,	,	PUNCT
ftr-322	976	30	if	if	SCONJ
ftr-322	976	31	they	they	PRON
ftr-322	976	32	are	be	AUX
ftr-322	976	33	,	,	PUNCT
ftr-322	976	34	to	to	PART
ftr-322	976	35	recharacterize	recharacterize	VERB
ftr-322	976	36	the	the	DET
ftr-322	976	37	transaction	transaction	NOUN
ftr-322	976	38	in	in	ADP
ftr-322	976	39	a	a	DET
ftr-322	976	40	manner	manner	NOUN
ftr-322	976	41	that	that	PRON
ftr-322	976	42	prevents	prevent	VERB
ftr-322	976	43	character	character	NOUN
ftr-322	976	44	shifts	shift	NOUN
ftr-322	976	45	.	.	PUNCT
ftr-322	977	1	repeal	repeal	NOUN
ftr-322	977	2	or	or	CCONJ
ftr-322	977	3	significant	significant	ADJ
ftr-322	977	4	narrowing	narrowing	NOUN
ftr-322	977	5	of	of	ADP
ftr-322	977	6	the	the	DET
ftr-322	977	7	scope	scope	NOUN
ftr-322	977	8	of	of	ADP
ftr-322	977	9	section	section	NOUN
ftr-322	977	10	751	751	NUM
ftr-322	977	11	would	would	AUX
ftr-322	977	12	seem	seem	VERB
ftr-322	977	13	to	to	PART
ftr-322	977	14	reduce	reduce	VERB
ftr-322	977	15	compliance	compliance	NOUN
ftr-322	977	16	costs	cost	NOUN
ftr-322	977	17	,	,	PUNCT
ftr-322	977	18	administrative	administrative	ADJ
ftr-322	977	19	burdens	burden	NOUN
ftr-322	977	20	and	and	CCONJ
ftr-322	977	21	costly	costly	ADJ
ftr-322	977	22	tax	tax	NOUN
ftr-322	977	23	planning	planning	NOUN
ftr-322	977	24	.	.	PUNCT