id	sid	tid	token	lemma	pos
ftr-383	1	1	territorial	territorial	ADJ
ftr-383	1	2	vs	vs	ADP
ftr-383	1	3	worldwide	worldwide	ADJ
ftr-383	1	4	283	283	NUM
ftr-383	1	5	florida	florida	PROPN
ftr-383	1	6	tax	tax	NOUN
ftr-383	1	7	review	review	NOUN
ftr-383	1	8	volume	volume	NOUN
ftr-383	1	9	8	8	NUM
ftr-383	1	10	2007	2007	NUM
ftr-383	1	11	number	number	NOUN
ftr-383	1	12	3	3	NUM
ftr-383	1	13	territorial	territorial	NOUN
ftr-383	1	14	vs	vs	ADP
ftr-383	1	15	worldwide	worldwide	ADJ
ftr-383	1	16	international	international	ADJ
ftr-383	1	17	tax	tax	NOUN
ftr-383	1	18	systems	system	NOUN
ftr-383	1	19	:	:	PUNCT
ftr-383	1	20	which	which	PRON
ftr-383	1	21	is	be	AUX
ftr-383	1	22	better	well	ADJ
ftr-383	1	23	for	for	ADP
ftr-383	1	24	the	the	DET
ftr-383	1	25	u.s	u.s	PROPN
ftr-383	1	26	.	.	PROPN
ftr-383	1	27	?	?	PUNCT
ftr-383	2	1	by	by	ADP
ftr-383	2	2	paul	paul	PROPN
ftr-383	2	3	r.	r.	PROPN
ftr-383	2	4	mcdaniel	mcdaniel	PROPN
ftr-383	2	5	part	part	PROPN
ftr-383	3	1	i	i	PRON
ftr-383	3	2	.......................................................................................................	.......................................................................................................	PUNCT
ftr-383	3	3	286	286	NUM
ftr-383	3	4	part	part	NOUN
ftr-383	3	5	ii	ii	NOUN
ftr-383	3	6	......................................................................................................	......................................................................................................	PUNCT
ftr-383	3	7	289	289	NUM
ftr-383	3	8	a.	a.	NOUN
ftr-383	3	9	wwi	wwi	PROPN
ftr-383	3	10	/	/	SYM
ftr-383	3	11	ftc	ftc	PROPN
ftr-383	3	12	system	system	NOUN
ftr-383	3	13	....................................................................	....................................................................	PUNCT
ftr-383	3	14	289	289	NUM
ftr-383	3	15	b.teritorial	b.teritorial	ADJ
ftr-383	3	16	system	system	NOUN
ftr-383	3	17	.......................................................................	.......................................................................	PUNCT
ftr-383	3	18	290	290	NUM
ftr-383	3	19	part	part	NOUN
ftr-383	3	20	iii	iii	X
ftr-383	3	21	....................................................................................................	....................................................................................................	PUNCT
ftr-383	3	22	291	291	NUM
ftr-383	3	23	a.	a.	NOUN
ftr-383	3	24	source	source	NOUN
ftr-383	3	25	of	of	ADP
ftr-383	3	26	income	income	NOUN
ftr-383	3	27	rules	rule	NOUN
ftr-383	3	28	............................................................	............................................................	PUNCT
ftr-383	3	29	291	291	NUM
ftr-383	3	30	b.	b.	PROPN
ftr-383	3	31	source	source	NOUN
ftr-383	3	32	(	(	PUNCT
ftr-383	3	33	or	or	CCONJ
ftr-383	3	34	allocation	allocation	NOUN
ftr-383	3	35	)	)	PUNCT
ftr-383	3	36	of	of	ADP
ftr-383	3	37	deduction	deduction	NOUN
ftr-383	3	38	rules	rule	NOUN
ftr-383	3	39	..............................	..............................	PUNCT
ftr-383	3	40	292	292	NUM
ftr-383	3	41	c.	c.	PROPN
ftr-383	3	42	outbound	outbound	NOUN
ftr-383	3	43	transfers	transfer	NOUN
ftr-383	3	44	of	of	ADP
ftr-383	3	45	property	property	NOUN
ftr-383	3	46	..............................................	..............................................	PUNCT
ftr-383	3	47	292	292	NUM
ftr-383	3	48	d.	d.	NOUN
ftr-383	3	49	transfer	transfer	NOUN
ftr-383	3	50	pricing	pricing	NOUN
ftr-383	3	51	......................................................................	......................................................................	PUNCT
ftr-383	3	52	293	293	NUM
ftr-383	3	53	e.	e.	PROPN
ftr-383	3	54	tax	tax	PROPN
ftr-383	3	55	havens	haven	NOUN
ftr-383	3	56	.............................................................................	.............................................................................	PUNCT
ftr-383	3	57	294	294	NUM
ftr-383	3	58	f.	f.	PROPN
ftr-383	3	59	look	look	VERB
ftr-383	3	60	-	-	PUNCT
ftr-383	3	61	thru	thru	NOUN
ftr-383	3	62	rules	rule	NOUN
ftr-383	3	63	......................................................................	......................................................................	PUNCT
ftr-383	4	1	294	294	NUM
ftr-383	4	2	g.	g.	NOUN
ftr-383	4	3	foreign	foreign	ADJ
ftr-383	4	4	losses	loss	NOUN
ftr-383	4	5	........................................................................	........................................................................	PUNCT
ftr-383	4	6	295	295	NUM
ftr-383	4	7	h.	h.	NOUN
ftr-383	4	8	tax	tax	NOUN
ftr-383	4	9	treaties	treaty	NOUN
ftr-383	4	10	.............................................................................	.............................................................................	PUNCT
ftr-383	4	11	295	295	NUM
ftr-383	4	12	i.	i.	NOUN
ftr-383	4	13	transition	transition	NOUN
ftr-383	4	14	rules	rule	NOUN
ftr-383	4	15	........................................................................	........................................................................	PUNCT
ftr-383	4	16	296	296	NUM
ftr-383	4	17	j.	j.	PROPN
ftr-383	4	18	conclusion	conclusion	PROPN
ftr-383	4	19	................................................................................	................................................................................	PUNCT
ftr-383	4	20	296	296	NUM
ftr-383	4	21	part	part	NOUN
ftr-383	4	22	iv	iv	NUM
ftr-383	4	23	....................................................................................................	....................................................................................................	PUNCT
ftr-383	4	24	297	297	NUM
ftr-383	4	25	part	part	NOUN
ftr-383	4	26	v	v	ADP
ftr-383	4	27	......................................................................................................	......................................................................................................	PROPN
ftr-383	4	28	299	299	NUM
ftr-383	4	29	part	part	NOUN
ftr-383	4	30	vi	vi	PROPN
ftr-383	4	31	....................................................................................................	....................................................................................................	PROPN
ftr-383	4	32	301	301	NUM
ftr-383	4	33	284	284	NUM
ftr-383	4	34	florida	florida	PROPN
ftr-383	4	35	tax	tax	NOUN
ftr-383	4	36	review	review	NOUN
ftr-383	4	37	[	[	X
ftr-383	4	38	vol	vol	NOUN
ftr-383	4	39	.	.	PUNCT
ftr-383	4	40	8:3	8:3	NUM
ftr-383	4	41	*	*	PUNCT
ftr-383	4	42	james	james	PROPN
ftr-383	4	43	j.	j.	PROPN
ftr-383	4	44	freeland	freeland	PROPN
ftr-383	4	45	eminent	eminent	ADJ
ftr-383	4	46	scholar	scholar	NOUN
ftr-383	4	47	in	in	ADP
ftr-383	4	48	taxation	taxation	NOUN
ftr-383	4	49	and	and	CCONJ
ftr-383	4	50	professor	professor	NOUN
ftr-383	4	51	of	of	ADP
ftr-383	4	52	law	law	NOUN
ftr-383	4	53	,	,	PUNCT
ftr-383	4	54	university	university	PROPN
ftr-383	4	55	of	of	ADP
ftr-383	4	56	florida	florida	PROPN
ftr-383	4	57	levin	levin	PROPN
ftr-383	4	58	college	college	PROPN
ftr-383	4	59	of	of	ADP
ftr-383	4	60	law	law	NOUN
ftr-383	4	61	.	.	PUNCT
ftr-383	5	1	this	this	DET
ftr-383	5	2	article	article	NOUN
ftr-383	5	3	was	be	AUX
ftr-383	5	4	presented	present	VERB
ftr-383	5	5	at	at	ADP
ftr-383	5	6	the	the	DET
ftr-383	5	7	2006	2006	NUM
ftr-383	5	8	annual	annual	ADJ
ftr-383	5	9	symposium	symposium	NOUN
ftr-383	5	10	on	on	ADP
ftr-383	5	11	international	international	ADJ
ftr-383	5	12	taxation	taxation	NOUN
ftr-383	5	13	held	hold	VERB
ftr-383	5	14	at	at	ADP
ftr-383	5	15	the	the	DET
ftr-383	5	16	university	university	PROPN
ftr-383	5	17	of	of	ADP
ftr-383	5	18	florida	florida	PROPN
ftr-383	5	19	levin	levin	PROPN
ftr-383	5	20	college	college	PROPN
ftr-383	5	21	of	of	ADP
ftr-383	5	22	law	law	PROPN
ftr-383	5	23	graduate	graduate	NOUN
ftr-383	5	24	tax	tax	NOUN
ftr-383	5	25	program	program	NOUN
ftr-383	5	26	.	.	PUNCT
ftr-383	6	1	i	i	PRON
ftr-383	6	2	thank	thank	VERB
ftr-383	6	3	karen	karen	PROPN
ftr-383	6	4	reschly	reschly	ADV
ftr-383	6	5	and	and	CCONJ
ftr-383	6	6	andrew	andrew	PROPN
ftr-383	6	7	dodl	dodl	PROPN
ftr-383	6	8	for	for	ADP
ftr-383	6	9	research	research	NOUN
ftr-383	6	10	assistance	assistance	NOUN
ftr-383	6	11	.	.	PUNCT
ftr-383	7	1	an	an	DET
ftr-383	7	2	earlier	early	ADJ
ftr-383	7	3	version	version	NOUN
ftr-383	7	4	of	of	ADP
ftr-383	7	5	this	this	DET
ftr-383	7	6	article	article	NOUN
ftr-383	7	7	was	be	AUX
ftr-383	7	8	presented	present	VERB
ftr-383	7	9	before	before	ADP
ftr-383	7	10	the	the	DET
ftr-383	7	11	new	new	PROPN
ftr-383	7	12	york	york	PROPN
ftr-383	7	13	city	city	PROPN
ftr-383	7	14	bar	bar	PROPN
ftr-383	7	15	association	association	NOUN
ftr-383	7	16	as	as	ADP
ftr-383	7	17	the	the	DET
ftr-383	7	18	2006	2006	NUM
ftr-383	7	19	annual	annual	ADJ
ftr-383	7	20	herman	herman	PROPN
ftr-383	7	21	goldman	goldman	PROPN
ftr-383	7	22	memorial	memorial	PROPN
ftr-383	7	23	lecture	lecture	NOUN
ftr-383	7	24	.	.	PUNCT
ftr-383	8	1	1	1	X
ftr-383	8	2	.	.	X
ftr-383	8	3	hereinafter	hereinafter	NOUN
ftr-383	8	4	“	"	PUNCT
ftr-383	8	5	panel	panel	NOUN
ftr-383	8	6	report	report	NOUN
ftr-383	8	7	.	.	PUNCT
ftr-383	8	8	”	"	PUNCT
ftr-383	9	1	this	this	DET
ftr-383	9	2	paper	paper	NOUN
ftr-383	9	3	generally	generally	ADV
ftr-383	9	4	will	will	AUX
ftr-383	9	5	not	not	PART
ftr-383	9	6	consider	consider	VERB
ftr-383	9	7	the	the	DET
ftr-383	9	8	domestic	domestic	ADJ
ftr-383	9	9	aspects	aspect	NOUN
ftr-383	9	10	of	of	ADP
ftr-383	9	11	the	the	DET
ftr-383	9	12	two	two	NUM
ftr-383	9	13	major	major	ADJ
ftr-383	9	14	proposals	proposal	NOUN
ftr-383	9	15	in	in	ADP
ftr-383	9	16	the	the	DET
ftr-383	9	17	panel	panel	NOUN
ftr-383	9	18	report	report	NOUN
ftr-383	9	19	–	–	PUNCT
ftr-383	9	20	the	the	DET
ftr-383	9	21	simplified	simplified	ADJ
ftr-383	9	22	income	income	NOUN
ftr-383	9	23	tax	tax	NOUN
ftr-383	9	24	plan	plan	NOUN
ftr-383	9	25	and	and	CCONJ
ftr-383	9	26	the	the	DET
ftr-383	9	27	growth	growth	NOUN
ftr-383	9	28	and	and	CCONJ
ftr-383	9	29	investment	investment	NOUN
ftr-383	9	30	tax	tax	NOUN
ftr-383	9	31	plan	plan	NOUN
ftr-383	9	32	.	.	PUNCT
ftr-383	10	1	a	a	DET
ftr-383	10	2	helpful	helpful	ADJ
ftr-383	10	3	discussion	discussion	NOUN
ftr-383	10	4	by	by	ADP
ftr-383	10	5	the	the	DET
ftr-383	10	6	senior	senior	ADJ
ftr-383	10	7	counsel	counsel	NOUN
ftr-383	10	8	and	and	CCONJ
ftr-383	10	9	the	the	DET
ftr-383	10	10	senior	senior	ADJ
ftr-383	10	11	economist	economist	NOUN
ftr-383	10	12	to	to	ADP
ftr-383	10	13	the	the	DET
ftr-383	10	14	panel	panel	NOUN
ftr-383	10	15	can	can	AUX
ftr-383	10	16	be	be	AUX
ftr-383	10	17	found	find	VERB
ftr-383	10	18	in	in	ADP
ftr-383	10	19	jonathan	jonathan	PROPN
ftr-383	10	20	z.	z.	PROPN
ftr-383	10	21	ackerman	ackerman	PROPN
ftr-383	10	22	and	and	CCONJ
ftr-383	10	23	rosanne	rosanne	PROPN
ftr-383	10	24	altshuler	altshuler	NOUN
ftr-383	10	25	,	,	PUNCT
ftr-383	10	26	constrained	constrain	VERB
ftr-383	10	27	tax	tax	NOUN
ftr-383	10	28	reform	reform	NOUN
ftr-383	10	29	:	:	PUNCT
ftr-383	10	30	how	how	SCONJ
ftr-383	10	31	political	political	ADJ
ftr-383	10	32	and	and	CCONJ
ftr-383	10	33	economic	economic	ADJ
ftr-383	10	34	constraints	constraint	NOUN
ftr-383	10	35	affect	affect	VERB
ftr-383	10	36	the	the	DET
ftr-383	10	37	formation	formation	NOUN
ftr-383	10	38	of	of	ADP
ftr-383	10	39	tax	tax	NOUN
ftr-383	10	40	policy	policy	NOUN
ftr-383	10	41	proposals	proposal	NOUN
ftr-383	10	42	,	,	PUNCT
ftr-383	10	43	lix	lix	PROPN
ftr-383	10	44	n.t.j	n.t.j	PROPN
ftr-383	10	45	.	.	PUNCT
ftr-383	11	1	59	59	NUM
ftr-383	11	2	nat’l	nat’l	PROPN
ftr-383	11	3	tax	tax	NOUN
ftr-383	11	4	j.	j.	PROPN
ftr-383	11	5	165	165	NUM
ftr-383	11	6	(	(	PUNCT
ftr-383	11	7	2006	2006	NUM
ftr-383	11	8	)	)	PUNCT
ftr-383	11	9	.	.	PUNCT
ftr-383	12	1	2	2	X
ftr-383	12	2	.	.	X
ftr-383	12	3	see	see	VERB
ftr-383	12	4	,	,	PUNCT
ftr-383	12	5	e.g.	e.g.	ADV
ftr-383	12	6	,	,	PUNCT
ftr-383	12	7	lawrence	lawrence	PROPN
ftr-383	12	8	lokken	lokken	PROPN
ftr-383	12	9	,	,	PUNCT
ftr-383	12	10	territorial	territorial	ADJ
ftr-383	12	11	taxation	taxation	NOUN
ftr-383	12	12	:	:	PUNCT
ftr-383	12	13	why	why	SCONJ
ftr-383	12	14	some	some	DET
ftr-383	12	15	u.s	u.s	PROPN
ftr-383	12	16	.	.	PROPN
ftr-383	12	17	multinationals	multinational	NOUN
ftr-383	12	18	may	may	AUX
ftr-383	12	19	be	be	AUX
ftr-383	12	20	less	less	ADJ
ftr-383	12	21	than	than	ADP
ftr-383	12	22	enthusiastic	enthusiastic	ADJ
ftr-383	12	23	about	about	ADP
ftr-383	12	24	the	the	DET
ftr-383	12	25	idea	idea	NOUN
ftr-383	12	26	(	(	PUNCT
ftr-383	12	27	and	and	CCONJ
ftr-383	12	28	some	some	DET
ftr-383	12	29	ideas	idea	NOUN
ftr-383	12	30	they	they	PRON
ftr-383	12	31	really	really	ADV
ftr-383	12	32	dislike	dislike	VERB
ftr-383	12	33	)	)	PUNCT
ftr-383	12	34	,	,	PUNCT
ftr-383	12	35	59	59	NUM
ftr-383	12	36	smu	smu	PROPN
ftr-383	12	37	l.	l.	PROPN
ftr-383	12	38	rev	rev	PROPN
ftr-383	12	39	.	.	PROPN
ftr-383	12	40	753	753	NUM
ftr-383	12	41	(	(	PUNCT
ftr-383	12	42	2006	2006	NUM
ftr-383	12	43	)	)	PUNCT
ftr-383	12	44	;	;	PUNCT
ftr-383	12	45	j.	j.	PROPN
ftr-383	12	46	clifton	clifton	PROPN
ftr-383	12	47	fleming	fleming	PROPN
ftr-383	12	48	,	,	PUNCT
ftr-383	12	49	jr	jr	PROPN
ftr-383	12	50	.	.	PROPN
ftr-383	12	51	&	&	CCONJ
ftr-383	12	52	robert	robert	PROPN
ftr-383	12	53	j.	j.	PROPN
ftr-383	12	54	peroni	peroni	PROPN
ftr-383	12	55	,	,	PUNCT
ftr-383	12	56	exploring	explore	VERB
ftr-383	12	57	the	the	DET
ftr-383	12	58	contours	contours	NOUN
ftr-383	12	59	of	of	ADP
ftr-383	12	60	a	a	DET
ftr-383	12	61	proposed	propose	VERB
ftr-383	12	62	u.s	u.s	PROPN
ftr-383	12	63	.	.	PROPN
ftr-383	12	64	exemption	exemption	NOUN
ftr-383	12	65	(	(	PUNCT
ftr-383	12	66	territorial	territorial	ADJ
ftr-383	12	67	)	)	PUNCT
ftr-383	12	68	tax	tax	NOUN
ftr-383	12	69	system	system	NOUN
ftr-383	12	70	,	,	PUNCT
ftr-383	12	71	41	41	NUM
ftr-383	12	72	tax	tax	NOUN
ftr-383	12	73	notes	note	NOUN
ftr-383	12	74	int’l	int’l	NOUN
ftr-383	12	75	217	217	NUM
ftr-383	12	76	(	(	PUNCT
ftr-383	12	77	jan	jan	PROPN
ftr-383	12	78	.	.	PROPN
ftr-383	12	79	16	16	NUM
ftr-383	12	80	,	,	PUNCT
ftr-383	12	81	2006	2006	NUM
ftr-383	12	82	)	)	PUNCT
ftr-383	12	83	;	;	PUNCT
ftr-383	12	84	michael	michael	PROPN
ftr-383	12	85	j.	j.	PROPN
ftr-383	12	86	graetz	graetz	PROPN
ftr-383	12	87	&	&	CCONJ
ftr-383	12	88	paul	paul	PROPN
ftr-383	12	89	w.	w.	PROPN
ftr-383	12	90	oosterhuis	oosterhuis	PROPN
ftr-383	12	91	,	,	PUNCT
ftr-383	12	92	structuring	structure	VERB
ftr-383	12	93	an	an	DET
ftr-383	12	94	exemption	exemption	NOUN
ftr-383	12	95	system	system	NOUN
ftr-383	12	96	for	for	ADP
ftr-383	12	97	foreign	foreign	ADJ
ftr-383	12	98	income	income	NOUN
ftr-383	12	99	of	of	ADP
ftr-383	12	100	u.s	u.s	PROPN
ftr-383	12	101	.	.	PROPN
ftr-383	12	102	corporations	corporation	NOUN
ftr-383	12	103	,	,	PUNCT
ftr-383	12	104	54	54	NUM
ftr-383	12	105	nat’l	nat’l	NOUN
ftr-383	12	106	tax	tax	NOUN
ftr-383	12	107	j.	j.	PROPN
ftr-383	12	108	771	771	NUM
ftr-383	12	109	(	(	PUNCT
ftr-383	12	110	2001	2001	NUM
ftr-383	12	111	)	)	PUNCT
ftr-383	12	112	;	;	PUNCT
ftr-383	12	113	ernest	ernest	PROPN
ftr-383	12	114	r.	r.	PROPN
ftr-383	12	115	larkins	larkins	PROPN
ftr-383	12	116	,	,	PUNCT
ftr-383	12	117	double	double	ADJ
ftr-383	12	118	tax	tax	NOUN
ftr-383	12	119	relief	relief	NOUN
ftr-383	12	120	for	for	ADP
ftr-383	12	121	foreign	foreign	ADJ
ftr-383	12	122	income	income	NOUN
ftr-383	12	123	:	:	PUNCT
ftr-383	12	124	a	a	DET
ftr-383	12	125	comparative	comparative	ADJ
ftr-383	12	126	study	study	NOUN
ftr-383	12	127	of	of	ADP
ftr-383	12	128	advanced	advanced	ADJ
ftr-383	12	129	economies	economy	NOUN
ftr-383	12	130	,	,	PUNCT
ftr-383	12	131	21	21	NUM
ftr-383	12	132	va	va	NOUN
ftr-383	12	133	.	.	PUNCT
ftr-383	13	1	tax	tax	PROPN
ftr-383	13	2	rev	rev	PROPN
ftr-383	13	3	.	.	PROPN
ftr-383	13	4	233	233	NUM
ftr-383	13	5	(	(	PUNCT
ftr-383	13	6	2001	2001	NUM
ftr-383	13	7	)	)	PUNCT
ftr-383	13	8	;	;	PUNCT
ftr-383	13	9	ernest	ernest	PROPN
ftr-383	13	10	s.	s.	PROPN
ftr-383	13	11	christian	christian	PROPN
ftr-383	13	12	,	,	PUNCT
ftr-383	13	13	the	the	DET
ftr-383	13	14	international	international	ADJ
ftr-383	13	15	components	component	NOUN
ftr-383	13	16	of	of	ADP
ftr-383	13	17	tax	tax	NOUN
ftr-383	13	18	reform	reform	NOUN
ftr-383	13	19	:	:	PUNCT
ftr-383	13	20	tax	tax	NOUN
ftr-383	13	21	policy	policy	NOUN
ftr-383	13	22	that	that	PRON
ftr-383	13	23	serves	serve	VERB
ftr-383	13	24	the	the	DET
ftr-383	13	25	national	national	ADJ
ftr-383	13	26	interest	interest	NOUN
ftr-383	13	27	,	,	PUNCT
ftr-383	13	28	14	14	NUM
ftr-383	13	29	j.	j.	NOUN
ftr-383	13	30	of	of	ADP
ftr-383	13	31	int’l	int’l	NUM
ftr-383	13	32	tax	tax	NOUN
ftr-383	13	33	.	.	PUNCT
ftr-383	14	1	48	48	NUM
ftr-383	14	2	(	(	PUNCT
ftr-383	14	3	2003	2003	NUM
ftr-383	14	4	[	[	X
ftr-383	14	5	part	part	NOUN
ftr-383	14	6	i	i	X
ftr-383	14	7	]	]	X
ftr-383	14	8	)	)	PUNCT
ftr-383	14	9	and	and	CCONJ
ftr-383	14	10	15	15	NUM
ftr-383	14	11	j.	j.	NOUN
ftr-383	14	12	of	of	ADP
ftr-383	14	13	int’l	int’l	NUM
ftr-383	14	14	tax	tax	NOUN
ftr-383	14	15	.	.	PUNCT
ftr-383	15	1	36	36	NUM
ftr-383	15	2	(	(	PUNCT
ftr-383	15	3	2004	2004	NUM
ftr-383	15	4	[	[	X
ftr-383	15	5	part	part	NOUN
ftr-383	15	6	2	2	NUM
ftr-383	15	7	]	]	PUNCT
ftr-383	15	8	)	)	PUNCT
ftr-383	15	9	;	;	PUNCT
ftr-383	15	10	peter	peter	PROPN
ftr-383	15	11	merrill	merrill	PROPN
ftr-383	15	12	,	,	PUNCT
ftr-383	15	13	oren	oren	PROPN
ftr-383	15	14	penn	penn	PROPN
ftr-383	15	15	,	,	PUNCT
ftr-383	15	16	hans	hans	PROPN
ftr-383	15	17	-	-	PUNCT
ftr-383	15	18	martin	martin	PROPN
ftr-383	15	19	eckstein	eckstein	PROPN
ftr-383	15	20	,	,	PUNCT
ftr-383	15	21	david	david	PROPN
ftr-383	15	22	grosman	grosman	PROPN
ftr-383	15	23	&	&	CCONJ
ftr-383	15	24	martijn	martijn	PROPN
ftr-383	15	25	van	van	PROPN
ftr-383	15	26	kessel	kessel	PROPN
ftr-383	15	27	,	,	PUNCT
ftr-383	15	28	u.	u.	PROPN
ftr-383	15	29	s.	s.	PROPN
ftr-383	15	30	territorial	territorial	ADJ
ftr-383	15	31	tax	tax	NOUN
ftr-383	15	32	proposals	proposal	NOUN
ftr-383	15	33	and	and	CCONJ
ftr-383	15	34	the	the	DET
ftr-383	15	35	international	international	ADJ
ftr-383	15	36	experience	experience	NOUN
ftr-383	15	37	,	,	PUNCT
ftr-383	15	38	42	42	NUM
ftr-383	15	39	tax	tax	NOUN
ftr-383	15	40	notes	note	NOUN
ftr-383	15	41	int’l	int’l	X
ftr-383	15	42	895	895	NUM
ftr-383	15	43	(	(	PUNCT
ftr-383	15	44	jun	jun	PROPN
ftr-383	15	45	.	.	PROPN
ftr-383	15	46	5	5	NUM
ftr-383	15	47	,	,	PUNCT
ftr-383	15	48	2006	2006	NUM
ftr-383	15	49	)	)	PUNCT
ftr-383	15	50	.	.	PUNCT
ftr-383	16	1	territorial	territorial	ADJ
ftr-383	16	2	vs	vs	ADP
ftr-383	16	3	worldwide	worldwide	ADJ
ftr-383	16	4	international	international	ADJ
ftr-383	16	5	tax	tax	NOUN
ftr-383	16	6	systems	system	NOUN
ftr-383	16	7	:	:	PUNCT
ftr-383	16	8	which	which	PRON
ftr-383	16	9	is	be	AUX
ftr-383	16	10	better	well	ADJ
ftr-383	16	11	for	for	ADP
ftr-383	16	12	the	the	DET
ftr-383	16	13	u.s	u.s	PROPN
ftr-383	16	14	.	.	PROPN
ftr-383	16	15	?	?	PUNCT
ftr-383	17	1	by	by	ADP
ftr-383	17	2	paul	paul	PROPN
ftr-383	17	3	r.	r.	PROPN
ftr-383	17	4	mcdaniel	mcdaniel	PROPN
ftr-383	17	5	*	*	PROPN
ftr-383	17	6	the	the	DET
ftr-383	17	7	report	report	NOUN
ftr-383	17	8	of	of	ADP
ftr-383	17	9	the	the	DET
ftr-383	17	10	president	president	NOUN
ftr-383	17	11	’s	’s	PART
ftr-383	17	12	advisory	advisory	ADJ
ftr-383	17	13	panel	panel	NOUN
ftr-383	17	14	on	on	ADP
ftr-383	17	15	federal	federal	ADJ
ftr-383	17	16	tax	tax	NOUN
ftr-383	17	17	reform	reform	NOUN
ftr-383	17	18	,	,	PUNCT
ftr-383	17	19	entitled	entitle	VERB
ftr-383	17	20	“	"	PUNCT
ftr-383	17	21	simple	simple	ADJ
ftr-383	17	22	,	,	PUNCT
ftr-383	17	23	fair	fair	ADJ
ftr-383	17	24	,	,	PUNCT
ftr-383	17	25	and	and	CCONJ
ftr-383	17	26	pro	pro	ADJ
ftr-383	17	27	-	-	ADJ
ftr-383	17	28	growth	growth	ADJ
ftr-383	17	29	:	:	PUNCT
ftr-383	17	30	proposals	proposal	NOUN
ftr-383	17	31	to	to	PART
ftr-383	17	32	fix	fix	VERB
ftr-383	17	33	america	america	PROPN
ftr-383	17	34	’s	’s	PART
ftr-383	17	35	tax	tax	NOUN
ftr-383	17	36	system	system	NOUN
ftr-383	17	37	,	,	PUNCT
ftr-383	17	38	”	"	PUNCT
ftr-383	17	39	was	be	AUX
ftr-383	17	40	released	release	VERB
ftr-383	17	41	in	in	ADP
ftr-383	17	42	november	november	PROPN
ftr-383	17	43	2005	2005	NUM
ftr-383	17	44	.	.	PUNCT
ftr-383	18	1	one	one	NUM
ftr-383	18	2	of	of	ADP
ftr-383	18	3	the	the	DET
ftr-383	18	4	issues	issue	NOUN
ftr-383	18	5	addressed1	addressed1	NOUN
ftr-383	18	6	in	in	ADP
ftr-383	18	7	the	the	DET
ftr-383	18	8	panel	panel	NOUN
ftr-383	18	9	report	report	NOUN
ftr-383	18	10	was	be	AUX
ftr-383	18	11	whether	whether	SCONJ
ftr-383	18	12	the	the	DET
ftr-383	18	13	u.s	u.s	PROPN
ftr-383	18	14	.	.	PROPN
ftr-383	18	15	should	should	AUX
ftr-383	18	16	shift	shift	VERB
ftr-383	18	17	from	from	ADP
ftr-383	18	18	its	its	PRON
ftr-383	18	19	current	current	ADJ
ftr-383	18	20	international	international	ADJ
ftr-383	18	21	tax	tax	NOUN
ftr-383	18	22	system	system	NOUN
ftr-383	18	23	(	(	PUNCT
ftr-383	18	24	taxing	tax	VERB
ftr-383	18	25	the	the	DET
ftr-383	18	26	worldwide	worldwide	ADJ
ftr-383	18	27	income	income	NOUN
ftr-383	18	28	of	of	ADP
ftr-383	18	29	its	its	PRON
ftr-383	18	30	nationals	national	NOUN
ftr-383	18	31	with	with	ADP
ftr-383	18	32	a	a	DET
ftr-383	18	33	credit	credit	NOUN
ftr-383	18	34	for	for	ADP
ftr-383	18	35	foreign	foreign	ADJ
ftr-383	18	36	income	income	NOUN
ftr-383	18	37	taxes	taxis	NOUN
ftr-383	18	38	)	)	PUNCT
ftr-383	18	39	to	to	ADP
ftr-383	18	40	a	a	DET
ftr-383	18	41	territorial	territorial	ADJ
ftr-383	18	42	system	system	NOUN
ftr-383	18	43	(	(	PUNCT
ftr-383	18	44	exemption	exemption	NOUN
ftr-383	18	45	of	of	ADP
ftr-383	18	46	foreign	foreign	ADJ
ftr-383	18	47	branch	branch	NOUN
ftr-383	18	48	business	business	NOUN
ftr-383	18	49	income	income	NOUN
ftr-383	18	50	and	and	CCONJ
ftr-383	18	51	dividends	dividend	NOUN
ftr-383	18	52	from	from	ADP
ftr-383	18	53	foreign	foreign	ADJ
ftr-383	18	54	subsidiaries	subsidiary	NOUN
ftr-383	18	55	out	out	ADP
ftr-383	18	56	of	of	ADP
ftr-383	18	57	business	business	NOUN
ftr-383	18	58	income	income	NOUN
ftr-383	18	59	)	)	PUNCT
ftr-383	18	60	.	.	PUNCT
ftr-383	19	1	the	the	DET
ftr-383	19	2	panel	panel	NOUN
ftr-383	19	3	opted	opt	VERB
ftr-383	19	4	for	for	ADP
ftr-383	19	5	the	the	DET
ftr-383	19	6	territorial	territorial	ADJ
ftr-383	19	7	system	system	NOUN
ftr-383	19	8	.	.	PUNCT
ftr-383	20	1	the	the	DET
ftr-383	20	2	report	report	NOUN
ftr-383	20	3	devoted	devote	VERB
ftr-383	20	4	only	only	ADV
ftr-383	20	5	about	about	ADV
ftr-383	20	6	twelve	twelve	NUM
ftr-383	20	7	pages	page	NOUN
ftr-383	20	8	to	to	ADP
ftr-383	20	9	the	the	DET
ftr-383	20	10	subject	subject	NOUN
ftr-383	20	11	,	,	PUNCT
ftr-383	20	12	but	but	CCONJ
ftr-383	20	13	its	its	PRON
ftr-383	20	14	recommendation	recommendation	NOUN
ftr-383	20	15	has	have	AUX
ftr-383	20	16	reignited	reignite	VERB
ftr-383	20	17	interest	interest	NOUN
ftr-383	20	18	in	in	ADP
ftr-383	20	19	a	a	DET
ftr-383	20	20	subject	subject	NOUN
ftr-383	20	21	which	which	PRON
ftr-383	20	22	has	have	AUX
ftr-383	20	23	recurred	recur	VERB
ftr-383	20	24	with	with	ADP
ftr-383	20	25	some	some	DET
ftr-383	20	26	regularity	regularity	NOUN
ftr-383	20	27	over	over	ADP
ftr-383	20	28	the	the	DET
ftr-383	20	29	past	past	ADJ
ftr-383	20	30	decade.2	decade.2	PROPN
ftr-383	20	31	2007	2007	NUM
ftr-383	20	32	territorial	territorial	NOUN
ftr-383	20	33	vs	vs	ADP
ftr-383	20	34	worldwide	worldwide	ADJ
ftr-383	20	35	international	international	ADJ
ftr-383	20	36	tax	tax	NOUN
ftr-383	20	37	systems	system	NOUN
ftr-383	20	38	285	285	NUM
ftr-383	20	39	3	3	NUM
ftr-383	20	40	.	.	PUNCT
ftr-383	21	1	the	the	DET
ftr-383	21	2	approach	approach	NOUN
ftr-383	21	3	in	in	ADP
ftr-383	21	4	this	this	DET
ftr-383	21	5	paper	paper	NOUN
ftr-383	21	6	in	in	ADP
ftr-383	21	7	general	general	ADJ
ftr-383	21	8	was	be	AUX
ftr-383	21	9	taken	take	VERB
ftr-383	21	10	by	by	ADP
ftr-383	21	11	the	the	DET
ftr-383	21	12	american	american	PROPN
ftr-383	21	13	bar	bar	PROPN
ftr-383	21	14	association	association	NOUN
ftr-383	21	15	section	section	NOUN
ftr-383	21	16	of	of	ADP
ftr-383	21	17	taxation	taxation	NOUN
ftr-383	21	18	task	task	NOUN
ftr-383	21	19	force	force	NOUN
ftr-383	21	20	on	on	ADP
ftr-383	21	21	international	international	ADJ
ftr-383	21	22	tax	tax	NOUN
ftr-383	21	23	reform	reform	NOUN
ftr-383	21	24	,	,	PUNCT
ftr-383	21	25	u.s	u.s	PROPN
ftr-383	21	26	.	.	PROPN
ftr-383	21	27	international	international	ADJ
ftr-383	21	28	tax	tax	NOUN
ftr-383	21	29	reform	reform	NOUN
ftr-383	21	30	:	:	PUNCT
ftr-383	21	31	objectives	objective	NOUN
ftr-383	21	32	and	and	CCONJ
ftr-383	21	33	overview	overview	NOUN
ftr-383	21	34	,	,	PUNCT
ftr-383	21	35	59	59	NUM
ftr-383	21	36	tax	tax	NOUN
ftr-383	21	37	law	law	NOUN
ftr-383	21	38	.	.	PUNCT
ftr-383	22	1	649	649	NUM
ftr-383	22	2	(	(	PUNCT
ftr-383	22	3	2006	2006	NUM
ftr-383	22	4	)	)	PUNCT
ftr-383	22	5	(	(	PUNCT
ftr-383	22	6	hereinafter	hereinafter	NOUN
ftr-383	22	7	“	"	PUNCT
ftr-383	22	8	aba	aba	PROPN
ftr-383	22	9	task	task	NOUN
ftr-383	22	10	force	force	NOUN
ftr-383	22	11	”	"	PUNCT
ftr-383	22	12	)	)	PUNCT
ftr-383	22	13	.	.	PUNCT
ftr-383	23	1	the	the	DET
ftr-383	23	2	difference	difference	NOUN
ftr-383	23	3	is	be	AUX
ftr-383	23	4	that	that	SCONJ
ftr-383	23	5	,	,	PUNCT
ftr-383	23	6	because	because	SCONJ
ftr-383	23	7	of	of	ADP
ftr-383	23	8	disagreements	disagreement	NOUN
ftr-383	23	9	among	among	ADP
ftr-383	23	10	the	the	DET
ftr-383	23	11	task	task	NOUN
ftr-383	23	12	force	force	NOUN
ftr-383	23	13	members	member	NOUN
ftr-383	23	14	,	,	PUNCT
ftr-383	23	15	neither	neither	DET
ftr-383	23	16	system	system	NOUN
ftr-383	23	17	was	be	AUX
ftr-383	23	18	endorsed	endorse	VERB
ftr-383	23	19	over	over	ADP
ftr-383	23	20	the	the	DET
ftr-383	23	21	other	other	ADJ
ftr-383	23	22	.	.	PUNCT
ftr-383	24	1	in	in	ADP
ftr-383	24	2	adopting	adopt	VERB
ftr-383	24	3	the	the	DET
ftr-383	24	4	approach	approach	NOUN
ftr-383	24	5	described	describe	VERB
ftr-383	24	6	in	in	ADP
ftr-383	24	7	the	the	DET
ftr-383	24	8	text	text	NOUN
ftr-383	24	9	,	,	PUNCT
ftr-383	24	10	i	i	PRON
ftr-383	24	11	reject	reject	VERB
ftr-383	24	12	competitiveness	competitiveness	NOUN
ftr-383	24	13	of	of	ADP
ftr-383	24	14	u.s	u.s	PROPN
ftr-383	24	15	.	.	PROPN
ftr-383	24	16	companies	company	NOUN
ftr-383	24	17	as	as	ADP
ftr-383	24	18	a	a	DET
ftr-383	24	19	tax	tax	NOUN
ftr-383	24	20	policy	policy	NOUN
ftr-383	24	21	criterion	criterion	NOUN
ftr-383	24	22	,	,	PUNCT
ftr-383	24	23	although	although	SCONJ
ftr-383	24	24	increased	increase	VERB
ftr-383	24	25	competitiveness	competitiveness	NOUN
ftr-383	24	26	by	by	ADP
ftr-383	24	27	u.s	u.s	PROPN
ftr-383	24	28	.	.	PROPN
ftr-383	24	29	companies	company	NOUN
ftr-383	24	30	is	be	AUX
ftr-383	24	31	often	often	ADV
ftr-383	24	32	cited	cite	VERB
ftr-383	24	33	as	as	ADP
ftr-383	24	34	a	a	DET
ftr-383	24	35	reason	reason	NOUN
ftr-383	24	36	for	for	ADP
ftr-383	24	37	adopting	adopt	VERB
ftr-383	24	38	a	a	DET
ftr-383	24	39	territorial	territorial	ADJ
ftr-383	24	40	system	system	NOUN
ftr-383	24	41	.	.	PUNCT
ftr-383	25	1	see	see	VERB
ftr-383	25	2	,	,	PUNCT
ftr-383	25	3	e.g.	e.g.	ADV
ftr-383	25	4	,	,	PUNCT
ftr-383	25	5	panel	panel	NOUN
ftr-383	25	6	report	report	NOUN
ftr-383	25	7	,	,	PUNCT
ftr-383	25	8	supra	supra	PROPN
ftr-383	25	9	note	note	NOUN
ftr-383	25	10	2	2	NUM
ftr-383	25	11	,	,	PUNCT
ftr-383	25	12	at	at	ADP
ftr-383	25	13	105	105	NUM
ftr-383	25	14	;	;	PUNCT
ftr-383	25	15	staff	staff	NOUN
ftr-383	25	16	of	of	ADP
ftr-383	25	17	joint	joint	ADJ
ftr-383	25	18	comm	comm	NOUN
ftr-383	25	19	.	.	PUNCT
ftr-383	26	1	on	on	ADP
ftr-383	26	2	taxation	taxation	NOUN
ftr-383	26	3	,	,	PUNCT
ftr-383	26	4	the	the	DET
ftr-383	26	5	impact	impact	NOUN
ftr-383	26	6	of	of	ADP
ftr-383	26	7	international	international	ADJ
ftr-383	26	8	tax	tax	NOUN
ftr-383	26	9	reform	reform	NOUN
ftr-383	26	10	:	:	PUNCT
ftr-383	26	11	background	background	NOUN
ftr-383	26	12	and	and	CCONJ
ftr-383	26	13	selected	select	VERB
ftr-383	26	14	issues	issue	NOUN
ftr-383	26	15	relating	relate	VERB
ftr-383	26	16	to	to	ADP
ftr-383	26	17	u.s	u.s	PROPN
ftr-383	26	18	.	.	PROPN
ftr-383	26	19	international	international	ADJ
ftr-383	26	20	tax	tax	NOUN
ftr-383	26	21	rules	rule	NOUN
ftr-383	26	22	and	and	CCONJ
ftr-383	26	23	the	the	DET
ftr-383	26	24	competitiveness	competitiveness	NOUN
ftr-383	26	25	of	of	ADP
ftr-383	26	26	u.s	u.s	PROPN
ftr-383	26	27	.	.	PROPN
ftr-383	26	28	businesses	business	NOUN
ftr-383	26	29	,	,	PUNCT
ftr-383	26	30	55	55	NUM
ftr-383	26	31	-	-	SYM
ftr-383	26	32	56	56	NUM
ftr-383	26	33	(	(	PUNCT
ftr-383	26	34	comm	comm	NOUN
ftr-383	26	35	.	.	PUNCT
ftr-383	27	1	print	print	NOUN
ftr-383	27	2	2006	2006	NUM
ftr-383	27	3	)	)	PUNCT
ftr-383	27	4	(	(	PUNCT
ftr-383	27	5	discussing	discuss	VERB
ftr-383	27	6	the	the	DET
ftr-383	27	7	various	various	ADJ
ftr-383	27	8	meanings	meaning	NOUN
ftr-383	27	9	of	of	ADP
ftr-383	27	10	the	the	DET
ftr-383	27	11	term	term	NOUN
ftr-383	27	12	“	"	PUNCT
ftr-383	27	13	competitiveness	competitiveness	NOUN
ftr-383	27	14	”	"	PUNCT
ftr-383	27	15	)	)	PUNCT
ftr-383	27	16	(	(	PUNCT
ftr-383	27	17	hereinafter	hereinafter	NOUN
ftr-383	27	18	“	"	PUNCT
ftr-383	27	19	jct	jct	ADJ
ftr-383	27	20	staff	staff	NOUN
ftr-383	27	21	competitiveness	competitiveness	NOUN
ftr-383	27	22	report	report	NOUN
ftr-383	27	23	”	"	PUNCT
ftr-383	27	24	)	)	PUNCT
ftr-383	27	25	;	;	PUNCT
ftr-383	27	26	hearing	hear	VERB
ftr-383	27	27	on	on	ADP
ftr-383	27	28	the	the	DET
ftr-383	27	29	impact	impact	NOUN
ftr-383	27	30	of	of	ADP
ftr-383	27	31	international	international	ADJ
ftr-383	27	32	tax	tax	NOUN
ftr-383	27	33	reform	reform	NOUN
ftr-383	27	34	on	on	ADP
ftr-383	27	35	u.s	u.s	PROPN
ftr-383	27	36	.	.	PROPN
ftr-383	27	37	competitiveness	competitiveness	NOUN
ftr-383	27	38	,	,	PUNCT
ftr-383	27	39	hearing	hear	VERB
ftr-383	27	40	before	before	ADP
ftr-383	27	41	the	the	DET
ftr-383	27	42	subcommittee	subcommittee	NOUN
ftr-383	27	43	on	on	ADP
ftr-383	27	44	select	select	ADJ
ftr-383	27	45	revenue	revenue	NOUN
ftr-383	27	46	measures	measure	NOUN
ftr-383	27	47	of	of	ADP
ftr-383	27	48	the	the	DET
ftr-383	27	49	house	house	PROPN
ftr-383	27	50	committee	committee	PROPN
ftr-383	27	51	on	on	ADP
ftr-383	27	52	ways	way	NOUN
ftr-383	27	53	and	and	CCONJ
ftr-383	27	54	means	mean	NOUN
ftr-383	27	55	,	,	PUNCT
ftr-383	27	56	109th	109th	ADJ
ftr-383	27	57	cong	cong	NOUN
ftr-383	27	58	.	.	PUNCT
ftr-383	28	1	(	(	PUNCT
ftr-383	28	2	2006	2006	NUM
ftr-383	28	3	)	)	PUNCT
ftr-383	28	4	(	(	PUNCT
ftr-383	28	5	statement	statement	NOUN
ftr-383	28	6	of	of	ADP
ftr-383	28	7	r.	r.	PROPN
ftr-383	28	8	glenn	glenn	PROPN
ftr-383	28	9	hubbard	hubbard	PROPN
ftr-383	28	10	)	)	PUNCT
ftr-383	28	11	;	;	PUNCT
ftr-383	28	12	david	david	PROPN
ftr-383	28	13	l.	l.	PROPN
ftr-383	28	14	brumbaugh	brumbaugh	PROPN
ftr-383	28	15	,	,	PUNCT
ftr-383	28	16	taxes	taxis	NOUN
ftr-383	28	17	and	and	CCONJ
ftr-383	28	18	international	international	ADJ
ftr-383	28	19	competitiveness	competitiveness	NOUN
ftr-383	28	20	,	,	PUNCT
ftr-383	28	21	crs	crs	PROPN
ftr-383	28	22	report	report	NOUN
ftr-383	28	23	to	to	ADP
ftr-383	28	24	congress	congress	PROPN
ftr-383	28	25	,	,	PUNCT
ftr-383	28	26	rs	rs	PROPN
ftr-383	28	27	22445	22445	NUM
ftr-383	28	28	(	(	PUNCT
ftr-383	28	29	may	may	PROPN
ftr-383	28	30	23	23	NUM
ftr-383	28	31	,	,	PUNCT
ftr-383	28	32	2006	2006	NUM
ftr-383	28	33	)	)	PUNCT
ftr-383	28	34	.	.	PUNCT
ftr-383	29	1	i	i	PRON
ftr-383	29	2	reject	reject	VERB
ftr-383	29	3	competitiveness	competitiveness	NOUN
ftr-383	29	4	as	as	ADP
ftr-383	29	5	a	a	DET
ftr-383	29	6	criterion	criterion	NOUN
ftr-383	29	7	(	(	PUNCT
ftr-383	29	8	1	1	NUM
ftr-383	29	9	)	)	PUNCT
ftr-383	29	10	because	because	SCONJ
ftr-383	29	11	it	it	PRON
ftr-383	29	12	has	have	VERB
ftr-383	29	13	no	no	DET
ftr-383	29	14	substantive	substantive	ADJ
ftr-383	29	15	tax	tax	NOUN
ftr-383	29	16	policy	policy	NOUN
ftr-383	29	17	content	content	NOUN
ftr-383	29	18	(	(	PUNCT
ftr-383	29	19	it	it	PRON
ftr-383	29	20	seems	seem	VERB
ftr-383	29	21	largely	largely	ADV
ftr-383	29	22	to	to	PART
ftr-383	29	23	be	be	AUX
ftr-383	29	24	a	a	DET
ftr-383	29	25	rhetorical	rhetorical	ADJ
ftr-383	29	26	slogan	slogan	NOUN
ftr-383	29	27	for	for	ADP
ftr-383	29	28	u.s	u.s	PROPN
ftr-383	29	29	.	.	PROPN
ftr-383	29	30	multinationals	multinational	NOUN
ftr-383	29	31	that	that	PRON
ftr-383	29	32	want	want	VERB
ftr-383	29	33	tax	tax	NOUN
ftr-383	29	34	cuts	cut	NOUN
ftr-383	29	35	)	)	PUNCT
ftr-383	29	36	and	and	CCONJ
ftr-383	29	37	(	(	PUNCT
ftr-383	29	38	2	2	X
ftr-383	29	39	)	)	PUNCT
ftr-383	29	40	i	i	PRON
ftr-383	29	41	have	have	AUX
ftr-383	29	42	found	find	VERB
ftr-383	29	43	no	no	DET
ftr-383	29	44	empirical	empirical	ADJ
ftr-383	29	45	studies	study	NOUN
ftr-383	29	46	that	that	PRON
ftr-383	29	47	show	show	VERB
ftr-383	29	48	u.s	u.s	PROPN
ftr-383	29	49	.	.	PROPN
ftr-383	29	50	companies	company	NOUN
ftr-383	29	51	are	be	AUX
ftr-383	29	52	at	at	ADP
ftr-383	29	53	a	a	DET
ftr-383	29	54	competitive	competitive	ADJ
ftr-383	29	55	disadvantage	disadvantage	NOUN
ftr-383	29	56	vis	vis	X
ftr-383	29	57	-	-	ADJ
ftr-383	29	58	à	à	X
ftr-383	29	59	-	-	PUNCT
ftr-383	29	60	vis	vis	X
ftr-383	29	61	their	their	PRON
ftr-383	29	62	foreign	foreign	ADJ
ftr-383	29	63	competitors	competitor	NOUN
ftr-383	29	64	.	.	PUNCT
ftr-383	30	1	the	the	DET
ftr-383	30	2	world	world	PROPN
ftr-383	30	3	economic	economic	PROPN
ftr-383	30	4	forum	forum	PROPN
ftr-383	30	5	publishes	publish	VERB
ftr-383	30	6	an	an	DET
ftr-383	30	7	annual	annual	ADJ
ftr-383	30	8	global	global	ADJ
ftr-383	30	9	competitiveness	competitiveness	NOUN
ftr-383	30	10	report	report	NOUN
ftr-383	30	11	,	,	PUNCT
ftr-383	30	12	the	the	DET
ftr-383	30	13	most	most	ADV
ftr-383	30	14	recent	recent	ADJ
ftr-383	30	15	being	being	NOUN
ftr-383	30	16	for	for	ADP
ftr-383	30	17	2006	2006	NUM
ftr-383	30	18	-	-	SYM
ftr-383	30	19	2007	2007	NUM
ftr-383	30	20	.	.	PUNCT
ftr-383	31	1	the	the	DET
ftr-383	31	2	report	report	NOUN
ftr-383	31	3	utilizes	utilize	VERB
ftr-383	31	4	nine	nine	NUM
ftr-383	31	5	different	different	ADJ
ftr-383	31	6	factors	factor	NOUN
ftr-383	31	7	to	to	PART
ftr-383	31	8	assess	assess	VERB
ftr-383	31	9	a	a	DET
ftr-383	31	10	country	country	NOUN
ftr-383	31	11	’s	’s	PART
ftr-383	31	12	(	(	PUNCT
ftr-383	31	13	not	not	PART
ftr-383	31	14	a	a	DET
ftr-383	31	15	company	company	NOUN
ftr-383	31	16	’s	’s	PART
ftr-383	31	17	)	)	PUNCT
ftr-383	31	18	competitiveness	competitiveness	NOUN
ftr-383	31	19	in	in	ADP
ftr-383	31	20	global	global	ADJ
ftr-383	31	21	markets	market	NOUN
ftr-383	31	22	.	.	PUNCT
ftr-383	32	1	taxation	taxation	NOUN
ftr-383	32	2	–	–	PUNCT
ftr-383	32	3	let	let	VERB
ftr-383	32	4	alone	alone	ADV
ftr-383	32	5	a	a	DET
ftr-383	32	6	given	give	VERB
ftr-383	32	7	international	international	ADJ
ftr-383	32	8	tax	tax	NOUN
ftr-383	32	9	system	system	NOUN
ftr-383	32	10	–	–	PUNCT
ftr-383	32	11	is	be	AUX
ftr-383	32	12	not	not	PART
ftr-383	32	13	among	among	ADP
ftr-383	32	14	the	the	DET
ftr-383	32	15	nine	nine	NUM
ftr-383	32	16	factors	factor	NOUN
ftr-383	32	17	.	.	PUNCT
ftr-383	33	1	the	the	DET
ftr-383	33	2	report	report	NOUN
ftr-383	33	3	can	can	AUX
ftr-383	33	4	be	be	AUX
ftr-383	33	5	found	find	VERB
ftr-383	33	6	online	online	ADV
ftr-383	33	7	at	at	ADP
ftr-383	33	8	www.weforum.org	www.weforum.org	PROPN
ftr-383	33	9	.	.	PUNCT
ftr-383	34	1	mihir	mihir	PROPN
ftr-383	34	2	a.	a.	PROPN
ftr-383	34	3	desai	desai	PROPN
ftr-383	34	4	&	&	CCONJ
ftr-383	34	5	james	james	PROPN
ftr-383	34	6	r.	r.	PROPN
ftr-383	34	7	hines	hines	PROPN
ftr-383	34	8	,	,	PUNCT
ftr-383	34	9	jr	jr	PROPN
ftr-383	34	10	.	.	PROPN
ftr-383	34	11	,	,	PUNCT
ftr-383	34	12	old	old	ADJ
ftr-383	34	13	rules	rule	NOUN
ftr-383	34	14	and	and	CCONJ
ftr-383	34	15	new	new	ADJ
ftr-383	34	16	realities	reality	NOUN
ftr-383	34	17	:	:	PUNCT
ftr-383	34	18	corporate	corporate	ADJ
ftr-383	34	19	tax	tax	NOUN
ftr-383	34	20	policy	policy	NOUN
ftr-383	34	21	in	in	ADP
ftr-383	34	22	a	a	DET
ftr-383	34	23	global	global	ADJ
ftr-383	34	24	setting	setting	NOUN
ftr-383	34	25	,	,	PUNCT
ftr-383	34	26	57	57	NUM
ftr-383	34	27	nat’l	nat’l	NOUN
ftr-383	34	28	tax	tax	NOUN
ftr-383	34	29	j.	j.	PROPN
ftr-383	34	30	937	937	NUM
ftr-383	34	31	(	(	PUNCT
ftr-383	34	32	2004	2004	NUM
ftr-383	34	33	)	)	PUNCT
ftr-383	34	34	,	,	PUNCT
ftr-383	34	35	advanced	advance	VERB
ftr-383	34	36	a	a	DET
ftr-383	34	37	new	new	ADJ
ftr-383	34	38	criterion	criterion	NOUN
ftr-383	34	39	,	,	PUNCT
ftr-383	34	40	that	that	PRON
ftr-383	34	41	of	of	ADP
ftr-383	34	42	“	"	PUNCT
ftr-383	34	43	ownership	ownership	NOUN
ftr-383	34	44	neutrality	neutrality	NOUN
ftr-383	34	45	.	.	PUNCT
ftr-383	34	46	”	"	PUNCT
ftr-383	35	1	that	that	DET
ftr-383	35	2	concept	concept	NOUN
ftr-383	35	3	was	be	AUX
ftr-383	35	4	sharply	sharply	ADV
ftr-383	35	5	critiqued	critique	VERB
ftr-383	35	6	by	by	ADP
ftr-383	35	7	harry	harry	PROPN
ftr-383	35	8	grubert	grubert	PROPN
ftr-383	35	9	as	as	ADP
ftr-383	35	10	lacking	lack	VERB
ftr-383	35	11	any	any	DET
ftr-383	35	12	“	"	PUNCT
ftr-383	35	13	conceptual	conceptual	ADJ
ftr-383	35	14	basis	basis	NOUN
ftr-383	35	15	”	"	PUNCT
ftr-383	35	16	and	and	CCONJ
ftr-383	35	17	as	as	ADP
ftr-383	35	18	of	of	ADP
ftr-383	35	19	no	no	DET
ftr-383	35	20	use	use	NOUN
ftr-383	35	21	in	in	ADP
ftr-383	35	22	addressing	address	VERB
ftr-383	35	23	“	"	PUNCT
ftr-383	35	24	any	any	DET
ftr-383	35	25	relevant	relevant	ADJ
ftr-383	35	26	policy	policy	NOUN
ftr-383	35	27	issue	issue	NOUN
ftr-383	35	28	.	.	PUNCT
ftr-383	35	29	”	"	PUNCT
ftr-383	36	1	see	see	VERB
ftr-383	36	2	harry	harry	PROPN
ftr-383	36	3	grubert	grubert	PROPN
ftr-383	36	4	,	,	PUNCT
ftr-383	36	5	comment	comment	NOUN
ftr-383	36	6	on	on	ADP
ftr-383	36	7	desai	desai	PROPN
ftr-383	36	8	and	and	CCONJ
ftr-383	36	9	hines	hine	NOUN
ftr-383	36	10	,	,	PUNCT
ftr-383	36	11	“	"	PUNCT
ftr-383	36	12	old	old	ADJ
ftr-383	36	13	rules	rule	NOUN
ftr-383	36	14	and	and	CCONJ
ftr-383	36	15	new	new	ADJ
ftr-383	36	16	realities	reality	NOUN
ftr-383	36	17	:	:	PUNCT
ftr-383	36	18	corporate	corporate	ADJ
ftr-383	36	19	tax	tax	NOUN
ftr-383	36	20	policy	policy	NOUN
ftr-383	36	21	in	in	ADP
ftr-383	36	22	a	a	DET
ftr-383	36	23	global	global	ADJ
ftr-383	36	24	setting	setting	NOUN
ftr-383	36	25	,	,	PUNCT
ftr-383	36	26	”	"	PUNCT
ftr-383	36	27	58	58	NUM
ftr-383	36	28	nat’l	nat’l	NOUN
ftr-383	36	29	tax	tax	NOUN
ftr-383	36	30	j.	j.	PROPN
ftr-383	36	31	263	263	NUM
ftr-383	36	32	(	(	PUNCT
ftr-383	36	33	2005	2005	NUM
ftr-383	36	34	)	)	PUNCT
ftr-383	36	35	.	.	PUNCT
ftr-383	37	1	i	i	PRON
ftr-383	37	2	find	find	VERB
ftr-383	37	3	the	the	DET
ftr-383	37	4	grubert	grubert	ADJ
ftr-383	37	5	analysis	analysis	NOUN
ftr-383	37	6	persuasive	persuasive	ADJ
ftr-383	37	7	and	and	CCONJ
ftr-383	37	8	will	will	AUX
ftr-383	37	9	not	not	PART
ftr-383	37	10	employ	employ	VERB
ftr-383	37	11	the	the	DET
ftr-383	37	12	ownership	ownership	NOUN
ftr-383	37	13	neutrality	neutrality	NOUN
ftr-383	37	14	concept	concept	NOUN
ftr-383	37	15	in	in	ADP
ftr-383	37	16	this	this	DET
ftr-383	37	17	paper	paper	NOUN
ftr-383	37	18	.	.	PUNCT
ftr-383	38	1	see	see	VERB
ftr-383	38	2	also	also	ADV
ftr-383	38	3	the	the	DET
ftr-383	38	4	critique	critique	NOUN
ftr-383	38	5	of	of	ADP
ftr-383	38	6	the	the	DET
ftr-383	38	7	concept	concept	NOUN
ftr-383	38	8	by	by	ADP
ftr-383	38	9	fleming	fleming	PROPN
ftr-383	38	10	&	&	CCONJ
ftr-383	38	11	peroni	peroni	PROPN
ftr-383	38	12	,	,	PUNCT
ftr-383	38	13	supra	supra	PROPN
ftr-383	38	14	note	note	NOUN
ftr-383	38	15	3	3	NUM
ftr-383	38	16	,	,	PUNCT
ftr-383	38	17	at	at	ADP
ftr-383	38	18	235	235	NUM
ftr-383	38	19	-	-	SYM
ftr-383	38	20	39	39	NUM
ftr-383	38	21	.	.	PUNCT
ftr-383	39	1	finally	finally	ADV
ftr-383	39	2	,	,	PUNCT
ftr-383	39	3	i	i	PRON
ftr-383	39	4	do	do	AUX
ftr-383	39	5	not	not	PART
ftr-383	39	6	employ	employ	VERB
ftr-383	39	7	the	the	DET
ftr-383	39	8	criterion	criterion	NOUN
ftr-383	39	9	of	of	ADP
ftr-383	39	10	“	"	PUNCT
ftr-383	39	11	international	international	ADJ
ftr-383	39	12	norms	norm	NOUN
ftr-383	39	13	,	,	PUNCT
ftr-383	39	14	”	"	PUNCT
ftr-383	39	15	as	as	SCONJ
ftr-383	39	16	was	be	AUX
ftr-383	39	17	done	do	VERB
ftr-383	39	18	,	,	PUNCT
ftr-383	39	19	for	for	ADP
ftr-383	39	20	example	example	NOUN
ftr-383	39	21	,	,	PUNCT
ftr-383	39	22	by	by	ADP
ftr-383	39	23	the	the	DET
ftr-383	39	24	treasury	treasury	PROPN
ftr-383	39	25	department	department	PROPN
ftr-383	39	26	in	in	ADP
ftr-383	39	27	its	its	PRON
ftr-383	39	28	study	study	NOUN
ftr-383	39	29	of	of	ADP
ftr-383	39	30	subpart	subpart	PROPN
ftr-383	39	31	f.	f.	PROPN
ftr-383	39	32	see	see	PROPN
ftr-383	39	33	united	united	PROPN
ftr-383	39	34	states	states	PROPN
ftr-383	39	35	department	department	PROPN
ftr-383	39	36	of	of	ADP
ftr-383	39	37	the	the	DET
ftr-383	39	38	treasury	treasury	PROPN
ftr-383	39	39	office	office	NOUN
ftr-383	39	40	of	of	ADP
ftr-383	39	41	tax	tax	NOUN
ftr-383	39	42	policy	policy	NOUN
ftr-383	39	43	,	,	PUNCT
ftr-383	39	44	the	the	DET
ftr-383	39	45	deferral	deferral	NOUN
ftr-383	39	46	of	of	ADP
ftr-383	39	47	income	income	NOUN
ftr-383	39	48	earned	earn	VERB
ftr-383	39	49	through	through	ADP
ftr-383	39	50	u.s	u.s	PROPN
ftr-383	39	51	.	.	PROPN
ftr-383	39	52	controlled	control	VERB
ftr-383	39	53	foreign	foreign	ADJ
ftr-383	39	54	corporations	corporation	NOUN
ftr-383	39	55	:	:	PUNCT
ftr-383	39	56	a	a	DET
ftr-383	39	57	policy	policy	NOUN
ftr-383	39	58	study	study	NOUN
ftr-383	39	59	(	(	PUNCT
ftr-383	39	60	2000	2000	NUM
ftr-383	39	61	)	)	PUNCT
ftr-383	39	62	.	.	PUNCT
ftr-383	40	1	the	the	DET
ftr-383	40	2	problem	problem	NOUN
ftr-383	40	3	is	be	AUX
ftr-383	40	4	that	that	SCONJ
ftr-383	40	5	supposed	suppose	VERB
ftr-383	40	6	“	"	PUNCT
ftr-383	40	7	norms	norm	NOUN
ftr-383	40	8	”	"	PUNCT
ftr-383	40	9	change	change	NOUN
ftr-383	40	10	.	.	PUNCT
ftr-383	41	1	for	for	ADP
ftr-383	41	2	example	example	NOUN
ftr-383	41	3	,	,	PUNCT
ftr-383	41	4	prior	prior	ADV
ftr-383	41	5	to	to	ADP
ftr-383	41	6	the	the	DET
ftr-383	41	7	issuance	issuance	NOUN
ftr-383	41	8	of	of	ADP
ftr-383	41	9	the	the	DET
ftr-383	41	10	first	first	ADJ
ftr-383	41	11	set	set	NOUN
ftr-383	41	12	of	of	ADP
ftr-383	41	13	regulations	regulation	NOUN
ftr-383	41	14	under	under	ADP
ftr-383	41	15	irc	irc	PROPN
ftr-383	41	16	§	§	PROPN
ftr-383	41	17	482	482	NUM
ftr-383	41	18	in	in	ADP
ftr-383	41	19	1968	1968	NUM
ftr-383	41	20	,	,	PUNCT
ftr-383	41	21	there	there	PRON
ftr-383	41	22	was	be	VERB
ftr-383	41	23	no	no	DET
ftr-383	41	24	international	international	ADJ
ftr-383	41	25	consensus	consensus	NOUN
ftr-383	41	26	and	and	CCONJ
ftr-383	41	27	hence	hence	ADV
ftr-383	41	28	no	no	DET
ftr-383	41	29	norm	norm	NOUN
ftr-383	41	30	about	about	ADP
ftr-383	41	31	the	the	DET
ftr-383	41	32	comparable	comparable	ADJ
ftr-383	41	33	uncontrolled	uncontrolled	ADJ
ftr-383	41	34	price	price	NOUN
ftr-383	41	35	method	method	NOUN
ftr-383	41	36	to	to	PART
ftr-383	41	37	be	be	AUX
ftr-383	41	38	used	use	VERB
ftr-383	41	39	in	in	ADP
ftr-383	41	40	the	the	DET
ftr-383	41	41	arm	arm	NOUN
ftr-383	41	42	’s	’s	PART
ftr-383	41	43	length	length	NOUN
ftr-383	41	44	in	in	ADP
ftr-383	41	45	this	this	DET
ftr-383	41	46	paper	paper	NOUN
ftr-383	41	47	,	,	PUNCT
ftr-383	41	48	i	i	PRON
ftr-383	41	49	explore	explore	VERB
ftr-383	41	50	whether	whether	SCONJ
ftr-383	41	51	the	the	DET
ftr-383	41	52	proposal	proposal	NOUN
ftr-383	41	53	of	of	ADP
ftr-383	41	54	the	the	DET
ftr-383	41	55	panel	panel	NOUN
ftr-383	41	56	would	would	AUX
ftr-383	41	57	represent	represent	VERB
ftr-383	41	58	a	a	DET
ftr-383	41	59	beneficial	beneficial	ADJ
ftr-383	41	60	tax	tax	NOUN
ftr-383	41	61	policy	policy	NOUN
ftr-383	41	62	change	change	NOUN
ftr-383	41	63	for	for	ADP
ftr-383	41	64	the	the	DET
ftr-383	41	65	u.s	u.s	PROPN
ftr-383	41	66	.	.	PROPN
ftr-383	41	67	in	in	ADP
ftr-383	41	68	so	so	ADV
ftr-383	41	69	doing	do	VERB
ftr-383	41	70	,	,	PUNCT
ftr-383	41	71	the	the	DET
ftr-383	41	72	territoriality	territoriality	NOUN
ftr-383	41	73	recommendation	recommendation	NOUN
ftr-383	41	74	and	and	CCONJ
ftr-383	41	75	what	what	PRON
ftr-383	41	76	i	i	PRON
ftr-383	41	77	will	will	AUX
ftr-383	41	78	term	term	VERB
ftr-383	41	79	a	a	DET
ftr-383	41	80	“	"	PUNCT
ftr-383	41	81	model	model	NOUN
ftr-383	41	82	”	"	PUNCT
ftr-383	41	83	worldwide	worldwide	ADJ
ftr-383	41	84	taxation	taxation	NOUN
ftr-383	41	85	of	of	ADP
ftr-383	41	86	income	income	NOUN
ftr-383	41	87	coupled	couple	VERB
ftr-383	41	88	with	with	ADP
ftr-383	41	89	a	a	DET
ftr-383	41	90	foreign	foreign	ADJ
ftr-383	41	91	tax	tax	NOUN
ftr-383	41	92	credit	credit	NOUN
ftr-383	41	93	(	(	PUNCT
ftr-383	41	94	wwi	wwi	PROPN
ftr-383	41	95	/	/	SYM
ftr-383	41	96	ftc	ftc	PROPN
ftr-383	41	97	)	)	PUNCT
ftr-383	41	98	system	system	NOUN
ftr-383	41	99	will	will	AUX
ftr-383	41	100	be	be	AUX
ftr-383	41	101	examined	examine	VERB
ftr-383	41	102	from	from	ADP
ftr-383	41	103	the	the	DET
ftr-383	41	104	perspectives	perspective	NOUN
ftr-383	41	105	of	of	ADP
ftr-383	41	106	efficiency	efficiency	NOUN
ftr-383	41	107	,	,	PUNCT
ftr-383	41	108	equity	equity	NOUN
ftr-383	41	109	,	,	PUNCT
ftr-383	41	110	and	and	CCONJ
ftr-383	41	111	simplicity.3	simplicity.3	PROPN
ftr-383	41	112	286	286	NUM
ftr-383	41	113	florida	florida	PROPN
ftr-383	41	114	tax	tax	NOUN
ftr-383	41	115	review	review	NOUN
ftr-383	41	116	[	[	X
ftr-383	41	117	vol	vol	NOUN
ftr-383	41	118	.	.	NOUN
ftr-383	41	119	8:3	8:3	NUM
ftr-383	41	120	pricing	pricing	NOUN
ftr-383	41	121	methodology	methodology	NOUN
ftr-383	41	122	.	.	PUNCT
ftr-383	42	1	some	some	DET
ftr-383	42	2	25	25	NUM
ftr-383	42	3	years	year	NOUN
ftr-383	42	4	later	later	ADV
ftr-383	42	5	,	,	PUNCT
ftr-383	42	6	when	when	SCONJ
ftr-383	42	7	the	the	DET
ftr-383	42	8	treasury	treasury	NOUN
ftr-383	42	9	issued	issue	VERB
ftr-383	42	10	proposed	propose	VERB
ftr-383	42	11	regulations	regulation	NOUN
ftr-383	42	12	,	,	PUNCT
ftr-383	42	13	setting	set	VERB
ftr-383	42	14	forth	forth	ADP
ftr-383	42	15	the	the	DET
ftr-383	42	16	largely	largely	ADV
ftr-383	42	17	formulary	formulary	ADJ
ftr-383	42	18	profit	profit	NOUN
ftr-383	42	19	split	split	NOUN
ftr-383	42	20	and	and	CCONJ
ftr-383	42	21	comparable	comparable	ADJ
ftr-383	42	22	profits	profit	NOUN
ftr-383	42	23	methods	method	NOUN
ftr-383	42	24	,	,	PUNCT
ftr-383	42	25	there	there	PRON
ftr-383	42	26	was	be	VERB
ftr-383	42	27	an	an	DET
ftr-383	42	28	outcry	outcry	NOUN
ftr-383	42	29	from	from	ADP
ftr-383	42	30	many	many	ADJ
ftr-383	42	31	oecd	oecd	NOUN
ftr-383	42	32	countries	country	NOUN
ftr-383	42	33	that	that	SCONJ
ftr-383	42	34	the	the	DET
ftr-383	42	35	international	international	ADJ
ftr-383	42	36	norm	norm	NOUN
ftr-383	42	37	of	of	ADP
ftr-383	42	38	arm	arm	NOUN
ftr-383	42	39	’s	’s	PART
ftr-383	42	40	length	length	NOUN
ftr-383	42	41	transfer	transfer	NOUN
ftr-383	42	42	pricing	pricing	NOUN
ftr-383	42	43	was	be	AUX
ftr-383	42	44	being	be	AUX
ftr-383	42	45	violated	violate	VERB
ftr-383	42	46	by	by	ADP
ftr-383	42	47	the	the	DET
ftr-383	42	48	new	new	ADJ
ftr-383	42	49	rules	rule	NOUN
ftr-383	42	50	.	.	PUNCT
ftr-383	43	1	4	4	X
ftr-383	43	2	.	.	X
ftr-383	43	3	panel	panel	NOUN
ftr-383	43	4	report	report	NOUN
ftr-383	43	5	,	,	PUNCT
ftr-383	43	6	supra	supra	PROPN
ftr-383	43	7	note	note	NOUN
ftr-383	43	8	1	1	NUM
ftr-383	43	9	,	,	PUNCT
ftr-383	43	10	at	at	ADP
ftr-383	43	11	240	240	NUM
ftr-383	43	12	.	.	PUNCT
ftr-383	44	1	the	the	DET
ftr-383	44	2	panel	panel	NOUN
ftr-383	44	3	report	report	NOUN
ftr-383	44	4	closely	closely	ADV
ftr-383	44	5	parallels	parallel	VERB
ftr-383	44	6	a	a	DET
ftr-383	44	7	report	report	NOUN
ftr-383	44	8	prepared	prepare	VERB
ftr-383	44	9	by	by	ADP
ftr-383	44	10	the	the	DET
ftr-383	44	11	staff	staff	NOUN
ftr-383	44	12	of	of	ADP
ftr-383	44	13	the	the	DET
ftr-383	44	14	joint	joint	ADJ
ftr-383	44	15	committee	committee	NOUN
ftr-383	44	16	on	on	ADP
ftr-383	44	17	taxation	taxation	NOUN
ftr-383	44	18	,	,	PUNCT
ftr-383	44	19	“	"	PUNCT
ftr-383	44	20	options	option	NOUN
ftr-383	44	21	to	to	PART
ftr-383	44	22	improve	improve	VERB
ftr-383	44	23	tax	tax	NOUN
ftr-383	44	24	compliance	compliance	NOUN
ftr-383	44	25	and	and	CCONJ
ftr-383	44	26	reform	reform	NOUN
ftr-383	44	27	tax	tax	NOUN
ftr-383	44	28	expenditures	expenditure	NOUN
ftr-383	44	29	,	,	PUNCT
ftr-383	44	30	”	"	PUNCT
ftr-383	44	31	186	186	NUM
ftr-383	44	32	-	-	SYM
ftr-383	44	33	98	98	NUM
ftr-383	44	34	(	(	PUNCT
ftr-383	44	35	comm	comm	NOUN
ftr-383	44	36	.	.	PUNCT
ftr-383	45	1	print	print	NOUN
ftr-383	45	2	2005	2005	NUM
ftr-383	45	3	)	)	PUNCT
ftr-383	45	4	(	(	PUNCT
ftr-383	45	5	hereinafter	hereinafter	NOUN
ftr-383	45	6	jct	jct	PROPN
ftr-383	45	7	staff	staff	NOUN
ftr-383	45	8	report	report	NOUN
ftr-383	45	9	)	)	PUNCT
ftr-383	45	10	.	.	PUNCT
ftr-383	46	1	this	this	DET
ftr-383	46	2	discussion	discussion	NOUN
ftr-383	46	3	will	will	AUX
ftr-383	46	4	include	include	VERB
ftr-383	46	5	references	reference	NOUN
ftr-383	46	6	to	to	ADP
ftr-383	46	7	that	that	DET
ftr-383	46	8	study	study	NOUN
ftr-383	46	9	and	and	CCONJ
ftr-383	46	10	notes	note	VERB
ftr-383	46	11	any	any	DET
ftr-383	46	12	differences	difference	NOUN
ftr-383	46	13	between	between	ADP
ftr-383	46	14	the	the	DET
ftr-383	46	15	panel	panel	NOUN
ftr-383	46	16	report	report	NOUN
ftr-383	46	17	and	and	CCONJ
ftr-383	46	18	the	the	DET
ftr-383	46	19	jcs	jcs	PROPN
ftr-383	46	20	approach	approach	NOUN
ftr-383	46	21	.	.	PUNCT
ftr-383	47	1	the	the	DET
ftr-383	47	2	jct	jct	PROPN
ftr-383	47	3	staff	staff	NOUN
ftr-383	47	4	adopts	adopt	VERB
ftr-383	47	5	the	the	DET
ftr-383	47	6	same	same	ADJ
ftr-383	47	7	two	two	NUM
ftr-383	47	8	-	-	PUNCT
ftr-383	47	9	pronged	pronged	ADJ
ftr-383	47	10	approach	approach	NOUN
ftr-383	47	11	.	.	PUNCT
ftr-383	48	1	i	i	PRON
ftr-383	48	2	d.	d.	PROPN
ftr-383	48	3	at	at	ADP
ftr-383	48	4	189	189	NUM
ftr-383	48	5	.	.	PUNCT
ftr-383	49	1	that	that	DET
ftr-383	49	2	report	report	NOUN
ftr-383	49	3	also	also	ADV
ftr-383	49	4	observed	observe	VERB
ftr-383	49	5	that	that	SCONJ
ftr-383	49	6	current	current	ADJ
ftr-383	49	7	subpart	subpart	NOUN
ftr-383	49	8	f	f	PROPN
ftr-383	49	9	and	and	CCONJ
ftr-383	49	10	pfic	pfic	NOUN
ftr-383	49	11	rules	rule	NOUN
ftr-383	49	12	would	would	AUX
ftr-383	49	13	have	have	VERB
ftr-383	49	14	to	to	PART
ftr-383	49	15	be	be	AUX
ftr-383	49	16	retained	retain	VERB
ftr-383	49	17	,	,	PUNCT
ftr-383	49	18	including	include	VERB
ftr-383	49	19	retaining	retain	VERB
ftr-383	49	20	the	the	DET
ftr-383	49	21	foreign	foreign	ADJ
ftr-383	49	22	tax	tax	NOUN
ftr-383	49	23	credit	credit	NOUN
ftr-383	49	24	for	for	ADP
ftr-383	49	25	such	such	ADJ
ftr-383	49	26	income	income	NOUN
ftr-383	49	27	.	.	PUNCT
ftr-383	50	1	i	i	PRON
ftr-383	50	2	d.	d.	PROPN
ftr-383	50	3	at	at	ADP
ftr-383	50	4	191	191	NUM
ftr-383	50	5	-	-	SYM
ftr-383	50	6	92	92	NUM
ftr-383	50	7	.	.	PUNCT
ftr-383	51	1	5	5	X
ftr-383	51	2	.	.	X
ftr-383	51	3	panel	panel	NOUN
ftr-383	51	4	report	report	NOUN
ftr-383	51	5	,	,	PUNCT
ftr-383	51	6	supra	supra	PROPN
ftr-383	51	7	note	note	NOUN
ftr-383	51	8	1	1	NUM
ftr-383	51	9	,	,	PUNCT
ftr-383	51	10	at	at	ADP
ftr-383	51	11	241	241	NUM
ftr-383	51	12	.	.	PROPN
ftr-383	52	1	6	6	NUM
ftr-383	52	2	.	.	PUNCT
ftr-383	53	1	i	i	PRON
ftr-383	53	2	d.	d.	PROPN
ftr-383	53	3	the	the	DET
ftr-383	53	4	2004	2004	NUM
ftr-383	53	5	act	act	NOUN
ftr-383	53	6	changed	change	VERB
ftr-383	53	7	the	the	DET
ftr-383	53	8	mandatory	mandatory	ADJ
ftr-383	53	9	“	"	PUNCT
ftr-383	53	10	water	water	NOUN
ftr-383	53	11	’s	’s	PART
ftr-383	53	12	edge	edge	NOUN
ftr-383	53	13	”	"	PUNCT
ftr-383	53	14	interest	interest	NOUN
ftr-383	53	15	allocation	allocation	NOUN
ftr-383	53	16	rule	rule	NOUN
ftr-383	53	17	to	to	PART
ftr-383	53	18	provide	provide	VERB
ftr-383	53	19	certain	certain	ADJ
ftr-383	53	20	corporations	corporation	NOUN
ftr-383	53	21	with	with	ADP
ftr-383	53	22	an	an	DET
ftr-383	53	23	election	election	NOUN
ftr-383	53	24	to	to	PART
ftr-383	53	25	adopt	adopt	VERB
ftr-383	53	26	a	a	DET
ftr-383	53	27	worldwide	worldwide	ADJ
ftr-383	53	28	allocation	allocation	NOUN
ftr-383	53	29	method	method	NOUN
ftr-383	53	30	beginning	begin	VERB
ftr-383	53	31	in	in	ADP
ftr-383	53	32	2009	2009	NUM
ftr-383	53	33	.	.	PUNCT
ftr-383	54	1	irc	irc	PROPN
ftr-383	54	2	§	§	PROPN
ftr-383	54	3	864(f	864(f	PROPN
ftr-383	54	4	)	)	PUNCT
ftr-383	54	5	.	.	PUNCT
ftr-383	55	1	part	part	NOUN
ftr-383	55	2	i	i	PRON
ftr-383	55	3	of	of	ADP
ftr-383	55	4	the	the	DET
ftr-383	55	5	paper	paper	NOUN
ftr-383	55	6	describes	describe	VERB
ftr-383	55	7	the	the	DET
ftr-383	55	8	panel	panel	NOUN
ftr-383	55	9	’s	’s	PART
ftr-383	55	10	proposal	proposal	NOUN
ftr-383	55	11	and	and	CCONJ
ftr-383	55	12	the	the	DET
ftr-383	55	13	arguments	argument	NOUN
ftr-383	55	14	it	it	PRON
ftr-383	55	15	advanced	advance	VERB
ftr-383	55	16	in	in	ADP
ftr-383	55	17	favor	favor	NOUN
ftr-383	55	18	of	of	ADP
ftr-383	55	19	the	the	DET
ftr-383	55	20	proposed	propose	VERB
ftr-383	55	21	change	change	NOUN
ftr-383	55	22	.	.	PUNCT
ftr-383	56	1	part	part	NOUN
ftr-383	56	2	ii	ii	PROPN
ftr-383	56	3	sets	set	VERB
ftr-383	56	4	forth	forth	ADV
ftr-383	56	5	a	a	DET
ftr-383	56	6	model	model	NOUN
ftr-383	56	7	by	by	ADP
ftr-383	56	8	which	which	PRON
ftr-383	56	9	the	the	DET
ftr-383	56	10	panel	panel	NOUN
ftr-383	56	11	proposal	proposal	NOUN
ftr-383	56	12	will	will	AUX
ftr-383	56	13	be	be	AUX
ftr-383	56	14	evaluated	evaluate	VERB
ftr-383	56	15	.	.	PUNCT
ftr-383	57	1	part	part	NOUN
ftr-383	57	2	iii	iii	PROPN
ftr-383	57	3	compares	compare	VERB
ftr-383	57	4	the	the	DET
ftr-383	57	5	simplicity	simplicity	NOUN
ftr-383	57	6	arguments	argument	NOUN
ftr-383	57	7	for	for	ADP
ftr-383	57	8	each	each	PRON
ftr-383	57	9	of	of	ADP
ftr-383	57	10	the	the	DET
ftr-383	57	11	two	two	NUM
ftr-383	57	12	international	international	ADJ
ftr-383	57	13	tax	tax	NOUN
ftr-383	57	14	regimes	regime	NOUN
ftr-383	57	15	.	.	PUNCT
ftr-383	58	1	in	in	ADP
ftr-383	58	2	part	part	NOUN
ftr-383	58	3	iv	iv	ADP
ftr-383	58	4	,	,	PUNCT
ftr-383	58	5	the	the	DET
ftr-383	58	6	efficiency	efficiency	NOUN
ftr-383	58	7	arguments	argument	NOUN
ftr-383	58	8	advanced	advance	VERB
ftr-383	58	9	for	for	ADP
ftr-383	58	10	each	each	DET
ftr-383	58	11	system	system	NOUN
ftr-383	58	12	are	be	AUX
ftr-383	58	13	considered	consider	VERB
ftr-383	58	14	.	.	PUNCT
ftr-383	59	1	part	part	NOUN
ftr-383	59	2	v	v	ADP
ftr-383	59	3	analyzes	analyze	VERB
ftr-383	59	4	the	the	DET
ftr-383	59	5	equity	equity	NOUN
ftr-383	59	6	issues	issue	NOUN
ftr-383	59	7	under	under	ADP
ftr-383	59	8	each	each	DET
ftr-383	59	9	system	system	NOUN
ftr-383	59	10	.	.	PUNCT
ftr-383	60	1	part	part	NOUN
ftr-383	60	2	vi	vi	PROPN
ftr-383	60	3	sets	set	VERB
ftr-383	60	4	forth	forth	ADV
ftr-383	60	5	my	my	PRON
ftr-383	60	6	own	own	ADJ
ftr-383	60	7	conclusions	conclusion	NOUN
ftr-383	60	8	on	on	ADP
ftr-383	60	9	the	the	DET
ftr-383	60	10	issues	issue	NOUN
ftr-383	60	11	.	.	PUNCT
ftr-383	61	1	part	part	NOUN
ftr-383	61	2	i	i	PRON
ftr-383	61	3	the	the	DET
ftr-383	61	4	panel	panel	NOUN
ftr-383	61	5	recommended	recommend	VERB
ftr-383	61	6	that	that	SCONJ
ftr-383	61	7	the	the	DET
ftr-383	61	8	current	current	ADJ
ftr-383	61	9	u.s	u.s	PROPN
ftr-383	61	10	.	.	PROPN
ftr-383	61	11	international	international	ADJ
ftr-383	61	12	tax	tax	NOUN
ftr-383	61	13	regime	regime	NOUN
ftr-383	61	14	be	be	AUX
ftr-383	61	15	replaced	replace	VERB
ftr-383	61	16	with	with	ADP
ftr-383	61	17	a	a	DET
ftr-383	61	18	two	two	NUM
ftr-383	61	19	-	-	PUNCT
ftr-383	61	20	part	part	NOUN
ftr-383	61	21	system	system	NOUN
ftr-383	61	22	:	:	PUNCT
ftr-383	61	23	1	1	X
ftr-383	61	24	.	.	X
ftr-383	61	25	foreign	foreign	ADJ
ftr-383	61	26	active	active	ADJ
ftr-383	61	27	business	business	NOUN
ftr-383	61	28	income	income	NOUN
ftr-383	61	29	,	,	PUNCT
ftr-383	61	30	as	as	ADV
ftr-383	61	31	well	well	ADV
ftr-383	61	32	as	as	ADP
ftr-383	61	33	dividends	dividend	NOUN
ftr-383	61	34	from	from	ADP
ftr-383	61	35	foreign	foreign	ADJ
ftr-383	61	36	subsidiaries	subsidiary	NOUN
ftr-383	61	37	out	out	ADP
ftr-383	61	38	of	of	ADP
ftr-383	61	39	such	such	ADJ
ftr-383	61	40	income	income	NOUN
ftr-383	61	41	,	,	PUNCT
ftr-383	61	42	would	would	AUX
ftr-383	61	43	be	be	AUX
ftr-383	61	44	exempt	exempt	ADJ
ftr-383	61	45	from	from	ADP
ftr-383	61	46	u.s	u.s	PROPN
ftr-383	61	47	.	.	PROPN
ftr-383	61	48	income	income	NOUN
ftr-383	61	49	tax	tax	NOUN
ftr-383	61	50	.	.	PUNCT
ftr-383	62	1	2	2	X
ftr-383	62	2	.	.	X
ftr-383	62	3	current	current	ADJ
ftr-383	62	4	u.s	u.s	PROPN
ftr-383	62	5	.	.	PROPN
ftr-383	62	6	income	income	NOUN
ftr-383	62	7	tax	tax	NOUN
ftr-383	62	8	would	would	AUX
ftr-383	62	9	be	be	AUX
ftr-383	62	10	imposed	impose	VERB
ftr-383	62	11	on	on	ADP
ftr-383	62	12	passive	passive	ADJ
ftr-383	62	13	income	income	NOUN
ftr-383	62	14	and	and	CCONJ
ftr-383	62	15	so	so	ADV
ftr-383	62	16	-	-	PUNCT
ftr-383	62	17	called	call	VERB
ftr-383	62	18	mobile	mobile	ADJ
ftr-383	62	19	income	income	NOUN
ftr-383	62	20	(	(	PUNCT
ftr-383	62	21	including	include	VERB
ftr-383	62	22	,	,	PUNCT
ftr-383	62	23	for	for	ADP
ftr-383	62	24	example	example	NOUN
ftr-383	62	25	,	,	PUNCT
ftr-383	62	26	financial	financial	ADJ
ftr-383	62	27	services	service	NOUN
ftr-383	62	28	business	business	NOUN
ftr-383	62	29	income	income	NOUN
ftr-383	62	30	)	)	PUNCT
ftr-383	62	31	;	;	PUNCT
ftr-383	62	32	a	a	DET
ftr-383	62	33	foreign	foreign	ADJ
ftr-383	62	34	tax	tax	NOUN
ftr-383	62	35	credit	credit	NOUN
ftr-383	62	36	would	would	AUX
ftr-383	62	37	be	be	AUX
ftr-383	62	38	allowed	allow	VERB
ftr-383	62	39	against	against	ADP
ftr-383	62	40	the	the	DET
ftr-383	62	41	u.s	u.s	PROPN
ftr-383	62	42	.	.	PROPN
ftr-383	62	43	tax	tax	NOUN
ftr-383	62	44	,	,	PUNCT
ftr-383	62	45	with	with	ADP
ftr-383	62	46	all	all	DET
ftr-383	62	47	such	such	ADJ
ftr-383	62	48	income	income	NOUN
ftr-383	62	49	being	be	AUX
ftr-383	62	50	placed	place	VERB
ftr-383	62	51	in	in	ADP
ftr-383	62	52	a	a	DET
ftr-383	62	53	single	single	ADJ
ftr-383	62	54	basket.4	basket.4	PROPN
ftr-383	62	55	the	the	DET
ftr-383	62	56	report	report	NOUN
ftr-383	62	57	provides	provide	VERB
ftr-383	62	58	a	a	DET
ftr-383	62	59	few	few	ADJ
ftr-383	62	60	of	of	ADP
ftr-383	62	61	the	the	DET
ftr-383	62	62	technical	technical	ADJ
ftr-383	62	63	details	detail	NOUN
ftr-383	62	64	that	that	PRON
ftr-383	62	65	would	would	AUX
ftr-383	62	66	be	be	AUX
ftr-383	62	67	required	require	VERB
ftr-383	62	68	to	to	PART
ftr-383	62	69	implement	implement	VERB
ftr-383	62	70	the	the	DET
ftr-383	62	71	basic	basic	ADJ
ftr-383	62	72	rules	rule	NOUN
ftr-383	62	73	.	.	PUNCT
ftr-383	63	1	thus	thus	ADV
ftr-383	63	2	,	,	PUNCT
ftr-383	63	3	allocation	allocation	NOUN
ftr-383	63	4	of	of	ADP
ftr-383	63	5	expense	expense	NOUN
ftr-383	63	6	rules	rule	NOUN
ftr-383	63	7	between	between	ADP
ftr-383	63	8	u.s	u.s	PROPN
ftr-383	63	9	.	.	PROPN
ftr-383	63	10	and	and	CCONJ
ftr-383	63	11	foreign	foreign	ADJ
ftr-383	63	12	source	source	NOUN
ftr-383	63	13	income	income	NOUN
ftr-383	63	14	would	would	AUX
ftr-383	63	15	be	be	AUX
ftr-383	63	16	required	require	VERB
ftr-383	63	17	.	.	PUNCT
ftr-383	64	1	the	the	DET
ftr-383	64	2	report	report	NOUN
ftr-383	64	3	asserts	assert	VERB
ftr-383	64	4	,	,	PUNCT
ftr-383	64	5	without	without	ADP
ftr-383	64	6	explanation	explanation	NOUN
ftr-383	64	7	,	,	PUNCT
ftr-383	64	8	that	that	SCONJ
ftr-383	64	9	these	these	DET
ftr-383	64	10	rules	rule	NOUN
ftr-383	64	11	could	could	AUX
ftr-383	64	12	be	be	AUX
ftr-383	64	13	simpler	simple	ADJ
ftr-383	64	14	than	than	ADP
ftr-383	64	15	the	the	DET
ftr-383	64	16	current	current	ADJ
ftr-383	64	17	u.s	u.s	PROPN
ftr-383	64	18	.	.	PROPN
ftr-383	64	19	allocation	allocation	NOUN
ftr-383	64	20	rules	rule	NOUN
ftr-383	64	21	.	.	PUNCT
ftr-383	65	1	the	the	DET
ftr-383	65	2	panel	panel	NOUN
ftr-383	65	3	goes	go	VERB
ftr-383	65	4	on	on	ADP
ftr-383	65	5	to	to	PART
ftr-383	65	6	recommend	recommend	VERB
ftr-383	65	7	that	that	PRON
ftr-383	65	8	interest5	interest5	NOUN
ftr-383	65	9	expense	expense	NOUN
ftr-383	65	10	allocation	allocation	NOUN
ftr-383	65	11	rules	rule	NOUN
ftr-383	65	12	like	like	ADP
ftr-383	65	13	those	those	PRON
ftr-383	65	14	adopted	adopt	VERB
ftr-383	65	15	in	in	ADP
ftr-383	65	16	the	the	DET
ftr-383	65	17	2004	2004	NUM
ftr-383	65	18	act	act	NOUN
ftr-383	65	19	be	be	AUX
ftr-383	65	20	employed.6	employed.6	PROPN
ftr-383	65	21	2007	2007	NUM
ftr-383	65	22	territorial	territorial	NOUN
ftr-383	65	23	vs	vs	ADP
ftr-383	65	24	worldwide	worldwide	ADJ
ftr-383	65	25	international	international	ADJ
ftr-383	65	26	tax	tax	NOUN
ftr-383	65	27	systems	system	NOUN
ftr-383	65	28	287	287	NUM
ftr-383	65	29	7	7	NUM
ftr-383	65	30	.	.	PUNCT
ftr-383	65	31	panel	panel	NOUN
ftr-383	65	32	report	report	NOUN
ftr-383	65	33	,	,	PUNCT
ftr-383	65	34	supra	supra	PROPN
ftr-383	65	35	note	note	NOUN
ftr-383	65	36	1	1	NUM
ftr-383	65	37	,	,	PUNCT
ftr-383	65	38	at	at	ADP
ftr-383	65	39	241	241	NUM
ftr-383	65	40	.	.	PUNCT
ftr-383	66	1	the	the	DET
ftr-383	66	2	jct	jct	PROPN
ftr-383	66	3	staff	staff	NOUN
ftr-383	66	4	report	report	NOUN
ftr-383	66	5	makes	make	VERB
ftr-383	66	6	the	the	DET
ftr-383	66	7	same	same	ADJ
ftr-383	66	8	points	point	NOUN
ftr-383	66	9	with	with	ADP
ftr-383	66	10	respect	respect	NOUN
ftr-383	66	11	to	to	ADP
ftr-383	66	12	expense	expense	NOUN
ftr-383	66	13	allocation	allocation	NOUN
ftr-383	66	14	rules	rule	NOUN
ftr-383	66	15	.	.	PUNCT
ftr-383	67	1	jct	jct	PROPN
ftr-383	67	2	staff	staff	NOUN
ftr-383	67	3	report	report	NOUN
ftr-383	67	4	,	,	PUNCT
ftr-383	67	5	supra	supra	PROPN
ftr-383	67	6	note	note	NOUN
ftr-383	67	7	4	4	NUM
ftr-383	67	8	,	,	PUNCT
ftr-383	67	9	at	at	ADP
ftr-383	67	10	190	190	NUM
ftr-383	67	11	.	.	NOUN
ftr-383	67	12	8	8	NUM
ftr-383	67	13	.	.	X
ftr-383	68	1	panel	panel	NOUN
ftr-383	68	2	report	report	NOUN
ftr-383	68	3	,	,	PUNCT
ftr-383	68	4	supra	supra	PROPN
ftr-383	68	5	note	note	NOUN
ftr-383	68	6	1	1	NUM
ftr-383	68	7	,	,	PUNCT
ftr-383	68	8	at	at	ADP
ftr-383	68	9	240	240	NUM
ftr-383	68	10	.	.	NOUN
ftr-383	68	11	9	9	NUM
ftr-383	68	12	.	.	X
ftr-383	69	1	i	i	PRON
ftr-383	69	2	d.	d.	PROPN
ftr-383	69	3	10	10	NUM
ftr-383	69	4	.	.	PUNCT
ftr-383	70	1	i	i	PRON
ftr-383	70	2	d.	d.	PROPN
ftr-383	70	3	presumably	presumably	ADV
ftr-383	70	4	,	,	PUNCT
ftr-383	70	5	look	look	VERB
ftr-383	70	6	-	-	PUNCT
ftr-383	70	7	thru	thru	NOUN
ftr-383	70	8	rules	rule	NOUN
ftr-383	70	9	like	like	ADP
ftr-383	70	10	those	those	PRON
ftr-383	70	11	contained	contain	VERB
ftr-383	70	12	in	in	ADP
ftr-383	70	13	irc	irc	PROPN
ftr-383	70	14	§	§	PROPN
ftr-383	70	15	904	904	NUM
ftr-383	70	16	would	would	AUX
ftr-383	70	17	be	be	AUX
ftr-383	70	18	required	require	VERB
ftr-383	70	19	.	.	PUNCT
ftr-383	71	1	11	11	NUM
ftr-383	71	2	.	.	PUNCT
ftr-383	72	1	i	i	PRON
ftr-383	72	2	d.	d.	PROPN
ftr-383	72	3	at	at	ADP
ftr-383	72	4	134	134	NUM
ftr-383	72	5	.	.	PUNCT
ftr-383	73	1	12	12	NUM
ftr-383	73	2	.	.	PUNCT
ftr-383	74	1	i	i	PRON
ftr-383	74	2	d.	d.	PROPN
ftr-383	74	3	13	13	NUM
ftr-383	74	4	.	.	PUNCT
ftr-383	75	1	i	i	PRON
ftr-383	75	2	d.	d.	PROPN
ftr-383	75	3	at	at	ADP
ftr-383	75	4	240	240	NUM
ftr-383	75	5	.	.	PUNCT
ftr-383	76	1	the	the	DET
ftr-383	76	2	panel	panel	NOUN
ftr-383	76	3	also	also	ADV
ftr-383	76	4	recommended	recommend	VERB
ftr-383	76	5	that	that	SCONJ
ftr-383	76	6	increased	increase	VERB
ftr-383	76	7	disclosure	disclosure	NOUN
ftr-383	76	8	requirements	requirement	NOUN
ftr-383	76	9	be	be	AUX
ftr-383	76	10	adopted	adopt	VERB
ftr-383	76	11	for	for	ADP
ftr-383	76	12	foreign	foreign	ADJ
ftr-383	76	13	income	income	NOUN
ftr-383	76	14	.	.	PUNCT
ftr-383	77	1	i	i	PRON
ftr-383	77	2	d.	d.	PROPN
ftr-383	77	3	the	the	DET
ftr-383	77	4	jct	jct	PROPN
ftr-383	77	5	staff	staff	NOUN
ftr-383	77	6	report	report	NOUN
ftr-383	77	7	observed	observe	VERB
ftr-383	77	8	that	that	SCONJ
ftr-383	77	9	adoption	adoption	NOUN
ftr-383	77	10	of	of	ADP
ftr-383	77	11	an	an	DET
ftr-383	77	12	exemption	exemption	NOUN
ftr-383	77	13	system	system	NOUN
ftr-383	77	14	by	by	ADP
ftr-383	77	15	the	the	DET
ftr-383	77	16	u.s	u.s	PROPN
ftr-383	77	17	.	.	PROPN
ftr-383	77	18	would	would	AUX
ftr-383	77	19	require	require	VERB
ftr-383	77	20	it	it	PRON
ftr-383	77	21	to	to	PART
ftr-383	77	22	renegotiate	renegotiate	VERB
ftr-383	77	23	all	all	PRON
ftr-383	77	24	of	of	ADP
ftr-383	77	25	its	its	PRON
ftr-383	77	26	income	income	NOUN
ftr-383	77	27	tax	tax	NOUN
ftr-383	77	28	treaties	treaty	NOUN
ftr-383	77	29	.	.	PUNCT
ftr-383	78	1	jct	jct	PROPN
ftr-383	78	2	staff	staff	NOUN
ftr-383	78	3	report	report	NOUN
ftr-383	78	4	,	,	PUNCT
ftr-383	78	5	supra	supra	PROPN
ftr-383	78	6	note	note	NOUN
ftr-383	78	7	4	4	NUM
ftr-383	78	8	,	,	PUNCT
ftr-383	78	9	at	at	ADP
ftr-383	78	10	192	192	NUM
ftr-383	78	11	.	.	PUNCT
ftr-383	78	12	14	14	NUM
ftr-383	78	13	.	.	PUNCT
ftr-383	79	1	apparently	apparently	ADV
ftr-383	79	2	,	,	PUNCT
ftr-383	79	3	the	the	DET
ftr-383	79	4	panel	panel	NOUN
ftr-383	79	5	exemption	exemption	NOUN
ftr-383	79	6	system	system	NOUN
ftr-383	79	7	would	would	AUX
ftr-383	79	8	apply	apply	VERB
ftr-383	79	9	to	to	ADP
ftr-383	79	10	all	all	DET
ftr-383	79	11	post	post	ADJ
ftr-383	79	12	-	-	ADJ
ftr-383	79	13	enactment	enactment	ADJ
ftr-383	79	14	dividends	dividend	NOUN
ftr-383	79	15	,	,	PUNCT
ftr-383	79	16	including	include	VERB
ftr-383	79	17	those	those	PRON
ftr-383	79	18	paid	pay	VERB
ftr-383	79	19	out	out	ADP
ftr-383	79	20	of	of	ADP
ftr-383	79	21	pre	pre	ADJ
ftr-383	79	22	-	-	ADJ
ftr-383	79	23	enactment	enactment	ADJ
ftr-383	79	24	earnings	earning	NOUN
ftr-383	79	25	on	on	ADP
ftr-383	79	26	which	which	PRON
ftr-383	79	27	u.s	u.s	PROPN
ftr-383	79	28	.	.	PROPN
ftr-383	79	29	tax	tax	NOUN
ftr-383	79	30	had	have	AUX
ftr-383	79	31	been	be	AUX
ftr-383	79	32	deferred	defer	VERB
ftr-383	79	33	.	.	PUNCT
ftr-383	80	1	the	the	DET
ftr-383	80	2	jct	jct	PROPN
ftr-383	80	3	staff	staff	NOUN
ftr-383	80	4	report	report	NOUN
ftr-383	80	5	,	,	PUNCT
ftr-383	80	6	at	at	ADP
ftr-383	80	7	191	191	NUM
ftr-383	80	8	,	,	PUNCT
ftr-383	80	9	proposed	propose	VERB
ftr-383	80	10	a	a	DET
ftr-383	80	11	transition	transition	NOUN
ftr-383	80	12	rule	rule	NOUN
ftr-383	80	13	under	under	ADP
ftr-383	80	14	which	which	PRON
ftr-383	80	15	the	the	DET
ftr-383	80	16	new	new	ADJ
ftr-383	80	17	exemption	exemption	NOUN
ftr-383	80	18	system	system	NOUN
ftr-383	80	19	would	would	AUX
ftr-383	80	20	apply	apply	VERB
ftr-383	80	21	only	only	ADV
ftr-383	80	22	to	to	ADP
ftr-383	80	23	qualifying	qualify	VERB
ftr-383	80	24	foreign	foreign	ADJ
ftr-383	80	25	income	income	NOUN
ftr-383	80	26	generated	generate	VERB
ftr-383	80	27	after	after	ADP
ftr-383	80	28	the	the	DET
ftr-383	80	29	effective	effective	ADJ
ftr-383	80	30	date	date	NOUN
ftr-383	80	31	of	of	ADP
ftr-383	80	32	the	the	DET
ftr-383	80	33	enacting	enact	VERB
ftr-383	80	34	legislation	legislation	NOUN
ftr-383	80	35	.	.	PUNCT
ftr-383	81	1	present	present	ADJ
ftr-383	81	2	law	law	NOUN
ftr-383	81	3	would	would	AUX
ftr-383	81	4	continue	continue	VERB
ftr-383	81	5	to	to	PART
ftr-383	81	6	apply	apply	VERB
ftr-383	81	7	to	to	ADP
ftr-383	81	8	preeffective	preeffective	ADJ
ftr-383	81	9	date	date	NOUN
ftr-383	81	10	foreign	foreign	ADJ
ftr-383	81	11	earnings	earning	NOUN
ftr-383	81	12	.	.	PUNCT
ftr-383	82	1	general	general	ADJ
ftr-383	82	2	and	and	CCONJ
ftr-383	82	3	administrative	administrative	ADJ
ftr-383	82	4	expenses	expense	NOUN
ftr-383	82	5	provided	provide	VERB
ftr-383	82	6	free	free	ADJ
ftr-383	82	7	of	of	ADP
ftr-383	82	8	charge	charge	NOUN
ftr-383	82	9	by	by	ADP
ftr-383	82	10	one	one	NUM
ftr-383	82	11	member	member	NOUN
ftr-383	82	12	of	of	ADP
ftr-383	82	13	a	a	DET
ftr-383	82	14	(	(	PUNCT
ftr-383	82	15	presumably	presumably	ADV
ftr-383	82	16	controlled	control	VERB
ftr-383	82	17	)	)	PUNCT
ftr-383	82	18	group	group	NOUN
ftr-383	82	19	of	of	ADP
ftr-383	82	20	corporations	corporation	NOUN
ftr-383	82	21	to	to	ADP
ftr-383	82	22	another	another	DET
ftr-383	82	23	member	member	NOUN
ftr-383	82	24	would	would	AUX
ftr-383	82	25	be	be	AUX
ftr-383	82	26	required	require	VERB
ftr-383	82	27	to	to	PART
ftr-383	82	28	be	be	AUX
ftr-383	82	29	allocated	allocate	VERB
ftr-383	82	30	first	first	ADV
ftr-383	82	31	between	between	ADP
ftr-383	82	32	u.s	u.s	PROPN
ftr-383	82	33	.	.	PROPN
ftr-383	82	34	and	and	CCONJ
ftr-383	82	35	foreign	foreign	ADJ
ftr-383	82	36	income	income	NOUN
ftr-383	82	37	and	and	CCONJ
ftr-383	82	38	then	then	ADV
ftr-383	82	39	the	the	DET
ftr-383	82	40	expenses	expense	NOUN
ftr-383	82	41	allocated	allocate	VERB
ftr-383	82	42	to	to	ADP
ftr-383	82	43	foreign	foreign	ADJ
ftr-383	82	44	income	income	NOUN
ftr-383	82	45	would	would	AUX
ftr-383	82	46	have	have	VERB
ftr-383	82	47	to	to	PART
ftr-383	82	48	be	be	AUX
ftr-383	82	49	allocated	allocate	VERB
ftr-383	82	50	between	between	ADP
ftr-383	82	51	exempt	exempt	ADJ
ftr-383	82	52	and	and	CCONJ
ftr-383	82	53	currently	currently	ADV
ftr-383	82	54	taxable	taxable	ADJ
ftr-383	82	55	income	income	NOUN
ftr-383	82	56	.	.	PUNCT
ftr-383	83	1	research	research	NOUN
ftr-383	83	2	and	and	CCONJ
ftr-383	83	3	experimentation7	experimentation7	ADJ
ftr-383	83	4	expenditures	expenditure	NOUN
ftr-383	83	5	,	,	PUNCT
ftr-383	83	6	however	however	ADV
ftr-383	83	7	,	,	PUNCT
ftr-383	83	8	would	would	AUX
ftr-383	83	9	be	be	AUX
ftr-383	83	10	allocated	allocate	VERB
ftr-383	83	11	only	only	ADV
ftr-383	83	12	between	between	ADP
ftr-383	83	13	u.s	u.s	PROPN
ftr-383	83	14	.	.	PROPN
ftr-383	83	15	and	and	CCONJ
ftr-383	83	16	foreign	foreign	ADJ
ftr-383	83	17	mobile	mobile	NOUN
ftr-383	83	18	income.8	income.8	PROPN
ftr-383	83	19	as	as	ADP
ftr-383	83	20	to	to	ADP
ftr-383	83	21	the	the	DET
ftr-383	83	22	exempt	exempt	ADJ
ftr-383	83	23	income	income	NOUN
ftr-383	83	24	group	group	NOUN
ftr-383	83	25	,	,	PUNCT
ftr-383	83	26	the	the	DET
ftr-383	83	27	report	report	NOUN
ftr-383	83	28	stated	state	VERB
ftr-383	83	29	that	that	SCONJ
ftr-383	83	30	gain	gain	NOUN
ftr-383	83	31	on	on	ADP
ftr-383	83	32	the	the	DET
ftr-383	83	33	sale	sale	NOUN
ftr-383	83	34	of	of	ADP
ftr-383	83	35	assets	asset	NOUN
ftr-383	83	36	generating	generate	VERB
ftr-383	83	37	exempt	exempt	ADJ
ftr-383	83	38	foreign	foreign	ADJ
ftr-383	83	39	income	income	NOUN
ftr-383	83	40	likewise	likewise	ADV
ftr-383	83	41	would	would	AUX
ftr-383	83	42	be	be	AUX
ftr-383	83	43	exempt	exempt	ADJ
ftr-383	83	44	from	from	ADP
ftr-383	83	45	u.s	u.s	PROPN
ftr-383	83	46	.	.	PROPN
ftr-383	83	47	tax	tax	NOUN
ftr-383	83	48	,	,	PUNCT
ftr-383	83	49	but	but	CCONJ
ftr-383	83	50	losses	loss	NOUN
ftr-383	83	51	realized	realize	VERB
ftr-383	83	52	on	on	ADP
ftr-383	83	53	such	such	ADJ
ftr-383	83	54	assets	asset	NOUN
ftr-383	83	55	could	could	AUX
ftr-383	83	56	not	not	PART
ftr-383	83	57	be	be	AUX
ftr-383	83	58	deducted	deduct	VERB
ftr-383	83	59	against	against	ADP
ftr-383	83	60	u.s	u.s	PROPN
ftr-383	83	61	.	.	PROPN
ftr-383	83	62	income	income	NOUN
ftr-383	83	63	.	.	PUNCT
ftr-383	84	1	the	the	DET
ftr-383	84	2	panel	panel	NOUN
ftr-383	84	3	also	also	ADV
ftr-383	84	4	noted	note	VERB
ftr-383	84	5	that	that	SCONJ
ftr-383	84	6	special	special	ADJ
ftr-383	84	7	rules	rule	NOUN
ftr-383	84	8	would	would	AUX
ftr-383	84	9	be9	be9	ADV
ftr-383	84	10	needed	need	VERB
ftr-383	84	11	for	for	ADP
ftr-383	84	12	dividends	dividend	NOUN
ftr-383	84	13	from	from	ADP
ftr-383	84	14	foreign	foreign	ADJ
ftr-383	84	15	corporations	corporation	NOUN
ftr-383	84	16	in	in	ADP
ftr-383	84	17	which	which	PRON
ftr-383	84	18	a	a	DET
ftr-383	84	19	u.s	u.s	PROPN
ftr-383	84	20	.	.	PROPN
ftr-383	84	21	company	company	NOUN
ftr-383	84	22	owned	own	VERB
ftr-383	84	23	between	between	ADP
ftr-383	84	24	10	10	NUM
ftr-383	84	25	and	and	CCONJ
ftr-383	84	26	50	50	NUM
ftr-383	84	27	%	%	NOUN
ftr-383	84	28	of	of	ADP
ftr-383	84	29	the	the	DET
ftr-383	84	30	stock	stock	NOUN
ftr-383	84	31	.	.	PUNCT
ftr-383	85	1	while	while	SCONJ
ftr-383	85	2	dividends	dividend	NOUN
ftr-383	85	3	out	out	ADP
ftr-383	85	4	of	of	ADP
ftr-383	85	5	foreign10	foreign10	NOUN
ftr-383	85	6	active	active	ADJ
ftr-383	85	7	business	business	NOUN
ftr-383	85	8	income	income	NOUN
ftr-383	85	9	would	would	AUX
ftr-383	85	10	be	be	AUX
ftr-383	85	11	exempt	exempt	ADJ
ftr-383	85	12	,	,	PUNCT
ftr-383	85	13	royalty	royalty	NOUN
ftr-383	85	14	and	and	CCONJ
ftr-383	85	15	interest	interest	NOUN
ftr-383	85	16	payments	payment	NOUN
ftr-383	85	17	would	would	AUX
ftr-383	85	18	be	be	AUX
ftr-383	85	19	subject	subject	ADJ
ftr-383	85	20	to	to	ADP
ftr-383	85	21	u.s	u.s	PROPN
ftr-383	85	22	.	.	PROPN
ftr-383	85	23	tax	tax	NOUN
ftr-383	85	24	if	if	SCONJ
ftr-383	85	25	those	those	DET
ftr-383	85	26	payments	payment	NOUN
ftr-383	85	27	were	be	AUX
ftr-383	85	28	deductible	deductible	ADJ
ftr-383	85	29	in	in	ADP
ftr-383	85	30	the	the	DET
ftr-383	85	31	source	source	NOUN
ftr-383	85	32	country.11	country.11	NOUN
ftr-383	85	33	as	as	ADP
ftr-383	85	34	to	to	ADP
ftr-383	85	35	other	other	ADJ
ftr-383	85	36	issues	issue	NOUN
ftr-383	85	37	,	,	PUNCT
ftr-383	85	38	the	the	DET
ftr-383	85	39	report	report	NOUN
ftr-383	85	40	noted	note	VERB
ftr-383	85	41	that	that	SCONJ
ftr-383	85	42	transfer	transfer	NOUN
ftr-383	85	43	pricing	pricing	NOUN
ftr-383	85	44	rules	rule	NOUN
ftr-383	85	45	would	would	AUX
ftr-383	85	46	become	become	VERB
ftr-383	85	47	even	even	ADV
ftr-383	85	48	more	more	ADV
ftr-383	85	49	important	important	ADJ
ftr-383	85	50	under	under	ADP
ftr-383	85	51	the	the	DET
ftr-383	85	52	proposed	propose	VERB
ftr-383	85	53	exemption	exemption	NOUN
ftr-383	85	54	system	system	NOUN
ftr-383	85	55	than	than	ADP
ftr-383	85	56	under	under	ADP
ftr-383	85	57	current	current	ADJ
ftr-383	85	58	law	law	NOUN
ftr-383	85	59	,	,	PUNCT
ftr-383	85	60	and	and	CCONJ
ftr-383	85	61	recommended	recommend	VERB
ftr-383	85	62	that	that	SCONJ
ftr-383	85	63	increased	increase	VERB
ftr-383	85	64	resources	resource	NOUN
ftr-383	85	65	be	be	AUX
ftr-383	85	66	devoted12	devoted12	NOUN
ftr-383	85	67	to	to	ADP
ftr-383	85	68	enforcing	enforce	VERB
ftr-383	85	69	transfer	transfer	NOUN
ftr-383	85	70	pricing	pricing	NOUN
ftr-383	85	71	rules.13	rules.13	VERB
ftr-383	85	72	the	the	DET
ftr-383	85	73	report	report	NOUN
ftr-383	85	74	contains	contain	VERB
ftr-383	85	75	no	no	DET
ftr-383	85	76	recommendations	recommendation	NOUN
ftr-383	85	77	with	with	ADP
ftr-383	85	78	respect	respect	NOUN
ftr-383	85	79	to	to	ADP
ftr-383	85	80	transition	transition	NOUN
ftr-383	85	81	rules	rule	NOUN
ftr-383	85	82	that	that	PRON
ftr-383	85	83	would	would	AUX
ftr-383	85	84	be	be	AUX
ftr-383	85	85	required	require	VERB
ftr-383	85	86	if	if	SCONJ
ftr-383	85	87	the	the	DET
ftr-383	85	88	panel	panel	NOUN
ftr-383	85	89	’s	’s	PART
ftr-383	85	90	recommendation	recommendation	NOUN
ftr-383	85	91	were	be	AUX
ftr-383	85	92	adopted.14	adopted.14	PROPN
ftr-383	85	93	the	the	DET
ftr-383	85	94	panel	panel	NOUN
ftr-383	85	95	offered	offer	VERB
ftr-383	85	96	several	several	ADJ
ftr-383	85	97	reasons	reason	NOUN
ftr-383	85	98	for	for	ADP
ftr-383	85	99	its	its	PRON
ftr-383	85	100	proposed	propose	VERB
ftr-383	85	101	changes	change	NOUN
ftr-383	85	102	.	.	PUNCT
ftr-383	86	1	they	they	PRON
ftr-383	86	2	will	will	AUX
ftr-383	86	3	simply	simply	ADV
ftr-383	86	4	be	be	AUX
ftr-383	86	5	listed	list	VERB
ftr-383	86	6	here	here	ADV
ftr-383	86	7	and	and	CCONJ
ftr-383	86	8	discussed	discuss	VERB
ftr-383	86	9	in	in	ADP
ftr-383	86	10	succeeding	succeed	VERB
ftr-383	86	11	parts	part	NOUN
ftr-383	86	12	of	of	ADP
ftr-383	86	13	this	this	DET
ftr-383	86	14	paper	paper	NOUN
ftr-383	86	15	.	.	PUNCT
ftr-383	87	1	the	the	DET
ftr-383	87	2	reasons	reason	NOUN
ftr-383	87	3	included	include	VERB
ftr-383	87	4	:	:	PUNCT
ftr-383	87	5	288	288	NUM
ftr-383	87	6	florida	florida	PROPN
ftr-383	87	7	tax	tax	NOUN
ftr-383	87	8	review	review	NOUN
ftr-383	88	1	[	[	X
ftr-383	88	2	vol	vol	NOUN
ftr-383	88	3	.	.	PUNCT
ftr-383	88	4	8:3	8:3	NUM
ftr-383	88	5	15	15	NUM
ftr-383	88	6	.	.	PUNCT
ftr-383	89	1	panel	panel	NOUN
ftr-383	89	2	report	report	NOUN
ftr-383	89	3	at	at	ADP
ftr-383	89	4	103	103	NUM
ftr-383	89	5	.	.	PUNCT
ftr-383	90	1	the	the	DET
ftr-383	90	2	panel	panel	NOUN
ftr-383	90	3	also	also	ADV
ftr-383	90	4	asserted	assert	VERB
ftr-383	90	5	that	that	SCONJ
ftr-383	90	6	u.s	u.s	PROPN
ftr-383	90	7	.	.	PROPN
ftr-383	90	8	tax	tax	NOUN
ftr-383	90	9	on	on	ADP
ftr-383	90	10	repatriated	repatriate	VERB
ftr-383	90	11	dividends	dividend	NOUN
ftr-383	90	12	distorts	distort	VERB
ftr-383	90	13	the	the	DET
ftr-383	90	14	repatriation	repatriation	NOUN
ftr-383	90	15	decision	decision	NOUN
ftr-383	90	16	.	.	PUNCT
ftr-383	91	1	i	i	PRON
ftr-383	91	2	d.	d.	PROPN
ftr-383	91	3	at	at	ADP
ftr-383	91	4	supra	supra	PROPN
ftr-383	91	5	note	note	PROPN
ftr-383	91	6	1	1	NUM
ftr-383	91	7	,	,	PUNCT
ftr-383	91	8	at	at	ADP
ftr-383	91	9	133	133	NUM
ftr-383	91	10	.	.	PUNCT
ftr-383	92	1	the	the	DET
ftr-383	92	2	jct	jct	PROPN
ftr-383	92	3	staff	staff	NOUN
ftr-383	92	4	report	report	NOUN
ftr-383	92	5	added	add	VERB
ftr-383	92	6	that	that	SCONJ
ftr-383	92	7	basing	base	VERB
ftr-383	92	8	u.s	u.s	PROPN
ftr-383	92	9	.	.	PROPN
ftr-383	92	10	taxation	taxation	NOUN
ftr-383	92	11	on	on	ADP
ftr-383	92	12	repatriation	repatriation	NOUN
ftr-383	92	13	makes	make	VERB
ftr-383	92	14	the	the	DET
ftr-383	92	15	u.s	u.s	PROPN
ftr-383	92	16	.	.	PROPN
ftr-383	92	17	tax	tax	NOUN
ftr-383	92	18	on	on	ADP
ftr-383	92	19	foreign	foreign	ADJ
ftr-383	92	20	source	source	NOUN
ftr-383	92	21	income	income	NOUN
ftr-383	92	22	substantially	substantially	ADV
ftr-383	92	23	elective	elective	ADJ
ftr-383	92	24	.	.	PUNCT
ftr-383	93	1	it	it	PRON
ftr-383	93	2	also	also	ADV
ftr-383	93	3	noted	note	VERB
ftr-383	93	4	that	that	SCONJ
ftr-383	93	5	maintaining	maintain	VERB
ftr-383	93	6	deferral	deferral	NOUN
ftr-383	93	7	indefinitely	indefinitely	ADV
ftr-383	93	8	is	be	AUX
ftr-383	93	9	the	the	DET
ftr-383	93	10	equivalent	equivalent	NOUN
ftr-383	93	11	of	of	ADP
ftr-383	93	12	exemption	exemption	NOUN
ftr-383	93	13	of	of	ADP
ftr-383	93	14	the	the	DET
ftr-383	93	15	income	income	NOUN
ftr-383	93	16	so	so	ADV
ftr-383	93	17	deferred	deferred	ADJ
ftr-383	93	18	.	.	PUNCT
ftr-383	94	1	jct	jct	PROPN
ftr-383	94	2	staff	staff	NOUN
ftr-383	94	3	report	report	NOUN
ftr-383	94	4	,	,	PUNCT
ftr-383	94	5	supra	supra	PROPN
ftr-383	94	6	note	note	NOUN
ftr-383	94	7	4	4	NUM
ftr-383	94	8	,	,	PUNCT
ftr-383	94	9	at	at	ADP
ftr-383	94	10	188	188	NUM
ftr-383	94	11	.	.	PUNCT
ftr-383	95	1	16	16	NUM
ftr-383	95	2	.	.	PUNCT
ftr-383	96	1	panel	panel	NOUN
ftr-383	96	2	report	report	NOUN
ftr-383	96	3	,	,	PUNCT
ftr-383	96	4	supra	supra	PROPN
ftr-383	96	5	note	note	NOUN
ftr-383	96	6	1	1	NUM
ftr-383	96	7	,	,	PUNCT
ftr-383	96	8	at	at	ADP
ftr-383	96	9	104	104	NUM
ftr-383	96	10	.	.	PUNCT
ftr-383	97	1	the	the	DET
ftr-383	97	2	panel	panel	NOUN
ftr-383	97	3	apparently	apparently	ADV
ftr-383	97	4	had	have	VERB
ftr-383	97	5	in	in	ADP
ftr-383	97	6	mind	mind	NOUN
ftr-383	97	7	tax	tax	NOUN
ftr-383	97	8	planning	planning	NOUN
ftr-383	97	9	that	that	PRON
ftr-383	97	10	aims	aim	VERB
ftr-383	97	11	at	at	ADP
ftr-383	97	12	averaging	average	VERB
ftr-383	97	13	down	down	ADP
ftr-383	97	14	overall	overall	ADJ
ftr-383	97	15	foreign	foreign	ADJ
ftr-383	97	16	tax	tax	NOUN
ftr-383	97	17	rates	rate	NOUN
ftr-383	97	18	to	to	PART
ftr-383	97	19	avoid	avoid	VERB
ftr-383	97	20	falling	fall	VERB
ftr-383	97	21	into	into	ADP
ftr-383	97	22	an	an	DET
ftr-383	97	23	excess	excess	ADJ
ftr-383	97	24	credit	credit	NOUN
ftr-383	97	25	position	position	NOUN
ftr-383	97	26	for	for	ADP
ftr-383	97	27	foreign	foreign	ADJ
ftr-383	97	28	tax	tax	NOUN
ftr-383	97	29	credit	credit	NOUN
ftr-383	97	30	purposes	purpose	NOUN
ftr-383	97	31	.	.	PUNCT
ftr-383	98	1	the	the	DET
ftr-383	98	2	jct	jct	PROPN
ftr-383	98	3	staff	staff	NOUN
ftr-383	98	4	report	report	NOUN
ftr-383	98	5	also	also	ADV
ftr-383	98	6	asserts	assert	VERB
ftr-383	98	7	without	without	ADP
ftr-383	98	8	any	any	DET
ftr-383	98	9	authority	authority	NOUN
ftr-383	98	10	that	that	SCONJ
ftr-383	98	11	u.s	u.s	PROPN
ftr-383	98	12	.	.	PROPN
ftr-383	98	13	corporations	corporation	NOUN
ftr-383	98	14	engage	engage	VERB
ftr-383	98	15	in	in	ADP
ftr-383	98	16	a	a	DET
ftr-383	98	17	greater	great	ADJ
ftr-383	98	18	degree	degree	NOUN
ftr-383	98	19	of	of	ADP
ftr-383	98	20	tax	tax	NOUN
ftr-383	98	21	-	-	PUNCT
ftr-383	98	22	induced	induce	VERB
ftr-383	98	23	business	business	NOUN
ftr-383	98	24	planning	planning	NOUN
ftr-383	98	25	than	than	SCONJ
ftr-383	98	26	do	do	VERB
ftr-383	98	27	corporations	corporation	NOUN
ftr-383	98	28	in	in	ADP
ftr-383	98	29	exemption	exemption	NOUN
ftr-383	98	30	countries	country	NOUN
ftr-383	98	31	.	.	PUNCT
ftr-383	99	1	jct	jct	PROPN
ftr-383	99	2	staff	staff	NOUN
ftr-383	99	3	report	report	NOUN
ftr-383	99	4	,	,	PUNCT
ftr-383	99	5	supra	supra	PROPN
ftr-383	99	6	note	note	NOUN
ftr-383	99	7	4	4	NUM
ftr-383	99	8	,	,	PUNCT
ftr-383	99	9	at	at	ADP
ftr-383	99	10	189	189	NUM
ftr-383	99	11	.	.	PUNCT
ftr-383	99	12	17	17	NUM
ftr-383	99	13	.	.	PUNCT
ftr-383	100	1	panel	panel	NOUN
ftr-383	100	2	report	report	NOUN
ftr-383	100	3	,	,	PUNCT
ftr-383	100	4	supra	supra	PROPN
ftr-383	100	5	note	note	NOUN
ftr-383	100	6	1	1	NUM
ftr-383	100	7	,	,	PUNCT
ftr-383	100	8	at	at	ADP
ftr-383	100	9	104	104	NUM
ftr-383	100	10	.	.	PUNCT
ftr-383	101	1	18	18	NUM
ftr-383	101	2	.	.	PUNCT
ftr-383	102	1	i	i	PRON
ftr-383	102	2	d.	d.	PROPN
ftr-383	102	3	at	at	ADP
ftr-383	102	4	134	134	NUM
ftr-383	102	5	.	.	PUNCT
ftr-383	103	1	the	the	DET
ftr-383	103	2	jct	jct	PROPN
ftr-383	103	3	staff	staff	NOUN
ftr-383	103	4	report	report	NOUN
ftr-383	103	5	,	,	PUNCT
ftr-383	103	6	however	however	ADV
ftr-383	103	7	,	,	PUNCT
ftr-383	103	8	notes	note	VERB
ftr-383	103	9	that	that	SCONJ
ftr-383	103	10	the	the	DET
ftr-383	103	11	need	need	NOUN
ftr-383	103	12	to	to	PART
ftr-383	103	13	retain	retain	VERB
ftr-383	103	14	subpart	subpart	NOUN
ftr-383	103	15	f	f	PROPN
ftr-383	103	16	rules	rule	NOUN
ftr-383	103	17	,	,	PUNCT
ftr-383	103	18	and	and	CCONJ
ftr-383	103	19	transfer	transfer	VERB
ftr-383	103	20	pricing	pricing	NOUN
ftr-383	103	21	rules	rule	NOUN
ftr-383	103	22	,	,	PUNCT
ftr-383	103	23	and	and	CCONJ
ftr-383	103	24	to	to	PART
ftr-383	103	25	provide	provide	VERB
ftr-383	103	26	transition	transition	NOUN
ftr-383	103	27	rules	rule	NOUN
ftr-383	103	28	would	would	AUX
ftr-383	103	29	create	create	VERB
ftr-383	103	30	significant	significant	ADJ
ftr-383	103	31	complexities	complexity	NOUN
ftr-383	103	32	.	.	PUNCT
ftr-383	104	1	jct	jct	PROPN
ftr-383	104	2	staff	staff	NOUN
ftr-383	104	3	report	report	NOUN
ftr-383	104	4	,	,	PUNCT
ftr-383	104	5	supra	supra	PROPN
ftr-383	104	6	note	note	NOUN
ftr-383	104	7	4	4	NUM
ftr-383	104	8	,	,	PUNCT
ftr-383	104	9	at	at	ADP
ftr-383	104	10	195	195	NUM
ftr-383	104	11	.	.	NOUN
ftr-383	104	12	19	19	NUM
ftr-383	104	13	.	.	PUNCT
ftr-383	104	14	panel	panel	NOUN
ftr-383	104	15	report	report	NOUN
ftr-383	104	16	,	,	PUNCT
ftr-383	104	17	supra	supra	PROPN
ftr-383	104	18	note	note	NOUN
ftr-383	104	19	1	1	NUM
ftr-383	104	20	,	,	PUNCT
ftr-383	104	21	at	at	ADP
ftr-383	104	22	135	135	NUM
ftr-383	104	23	.	.	PUNCT
ftr-383	105	1	the	the	DET
ftr-383	105	2	jct	jct	PROPN
ftr-383	105	3	staff	staff	NOUN
ftr-383	105	4	report	report	NOUN
ftr-383	105	5	,	,	PUNCT
ftr-383	105	6	however	however	ADV
ftr-383	105	7	,	,	PUNCT
ftr-383	105	8	warned	warn	VERB
ftr-383	105	9	that	that	SCONJ
ftr-383	105	10	there	there	PRON
ftr-383	105	11	would	would	AUX
ftr-383	105	12	need	need	VERB
ftr-383	105	13	to	to	PART
ftr-383	105	14	be	be	AUX
ftr-383	105	15	rules	rule	NOUN
ftr-383	105	16	to	to	PART
ftr-383	105	17	prevent	prevent	VERB
ftr-383	105	18	shifting	shifting	NOUN
ftr-383	105	19	of	of	ADP
ftr-383	105	20	income	income	NOUN
ftr-383	105	21	to	to	ADP
ftr-383	105	22	low	low	ADJ
ftr-383	105	23	-	-	PUNCT
ftr-383	105	24	tax	tax	NOUN
ftr-383	105	25	jurisdictions	jurisdiction	NOUN
ftr-383	105	26	.	.	PUNCT
ftr-383	106	1	it	it	PRON
ftr-383	106	2	did	do	AUX
ftr-383	106	3	observe	observe	VERB
ftr-383	106	4	that	that	DET
ftr-383	106	5	disallowance	disallowance	NOUN
ftr-383	106	6	of	of	ADP
ftr-383	106	7	deductions	deduction	NOUN
ftr-383	106	8	attributable	attributable	ADJ
ftr-383	106	9	to	to	PART
ftr-383	106	10	exempt	exempt	VERB
ftr-383	106	11	foreign	foreign	ADJ
ftr-383	106	12	income	income	NOUN
ftr-383	106	13	should	should	AUX
ftr-383	106	14	serve	serve	VERB
ftr-383	106	15	as	as	ADP
ftr-383	106	16	a	a	DET
ftr-383	106	17	brake	brake	NOUN
ftr-383	106	18	on	on	ADP
ftr-383	106	19	incentives	incentive	NOUN
ftr-383	106	20	to	to	PART
ftr-383	106	21	move	move	VERB
ftr-383	106	22	more	more	ADJ
ftr-383	106	23	activity	activity	NOUN
ftr-383	106	24	to	to	ADP
ftr-383	106	25	low	low	ADJ
ftr-383	106	26	-	-	PUNCT
ftr-383	106	27	tax	tax	NOUN
ftr-383	106	28	jurisdictions	jurisdiction	NOUN
ftr-383	106	29	.	.	PUNCT
ftr-383	107	1	jct	jct	PROPN
ftr-383	107	2	staff	staff	NOUN
ftr-383	107	3	report	report	NOUN
ftr-383	107	4	,	,	PUNCT
ftr-383	107	5	supra	supra	PROPN
ftr-383	107	6	note	note	NOUN
ftr-383	107	7	4	4	NUM
ftr-383	107	8	,	,	PUNCT
ftr-383	107	9	at	at	ADP
ftr-383	107	10	194	194	NUM
ftr-383	107	11	-	-	SYM
ftr-383	107	12	95	95	NUM
ftr-383	107	13	.	.	PUNCT
ftr-383	108	1	1	1	X
ftr-383	108	2	.	.	PUNCT
ftr-383	109	1	the	the	DET
ftr-383	109	2	availability	availability	NOUN
ftr-383	109	3	of	of	ADP
ftr-383	109	4	deferral	deferral	NOUN
ftr-383	109	5	of	of	ADP
ftr-383	109	6	u.s	u.s	PROPN
ftr-383	109	7	.	.	PROPN
ftr-383	109	8	tax	tax	NOUN
ftr-383	109	9	on	on	ADP
ftr-383	109	10	income	income	NOUN
ftr-383	109	11	earned	earn	VERB
ftr-383	109	12	by	by	ADP
ftr-383	109	13	a	a	DET
ftr-383	109	14	foreign	foreign	ADJ
ftr-383	109	15	subsidiary	subsidiary	NOUN
ftr-383	109	16	creates	create	VERB
ftr-383	109	17	an	an	DET
ftr-383	109	18	incentive	incentive	NOUN
ftr-383	109	19	to	to	PART
ftr-383	109	20	retain	retain	VERB
ftr-383	109	21	those	those	DET
ftr-383	109	22	earnings	earning	NOUN
ftr-383	109	23	in	in	ADP
ftr-383	109	24	the	the	DET
ftr-383	109	25	subsidiary	subsidiary	NOUN
ftr-383	109	26	for	for	ADP
ftr-383	109	27	as	as	ADV
ftr-383	109	28	long	long	ADV
ftr-383	109	29	as	as	ADP
ftr-383	109	30	possible	possible	ADJ
ftr-383	109	31	and	and	CCONJ
ftr-383	109	32	distorts	distort	VERB
ftr-383	109	33	other	other	ADJ
ftr-383	109	34	business	business	NOUN
ftr-383	109	35	and	and	CCONJ
ftr-383	109	36	investment	investment	NOUN
ftr-383	109	37	decisions.15	decisions.15	NOUN
ftr-383	109	38	2	2	NUM
ftr-383	109	39	.	.	PUNCT
ftr-383	110	1	the	the	DET
ftr-383	110	2	current	current	ADJ
ftr-383	110	3	system	system	NOUN
ftr-383	110	4	distorts	distort	VERB
ftr-383	110	5	business	business	NOUN
ftr-383	110	6	decisions	decision	NOUN
ftr-383	110	7	,	,	PUNCT
ftr-383	110	8	treats	treat	VERB
ftr-383	110	9	different	different	ADJ
ftr-383	110	10	u	u	NOUN
ftr-383	110	11	.s	.s	NOUN
ftr-383	110	12	.	.	PUNCT
ftr-383	111	1	multinational	multinational	ADJ
ftr-383	111	2	corporations	corporation	NOUN
ftr-383	111	3	(	(	PUNCT
ftr-383	111	4	m	m	NOUN
ftr-383	111	5	ncs	ncs	NOUN
ftr-383	111	6	)	)	PUNCT
ftr-383	111	7	differently	differently	ADV
ftr-383	111	8	,	,	PUNCT
ftr-383	111	9	and	and	CCONJ
ftr-383	111	10	encourages	encourage	VERB
ftr-383	111	11	wasteful	wasteful	ADJ
ftr-383	111	12	tax	tax	NOUN
ftr-383	111	13	planning.16	planning.16	PROPN
ftr-383	111	14	3	3	NUM
ftr-383	111	15	.	.	PUNCT
ftr-383	111	16	changing	change	VERB
ftr-383	111	17	to	to	ADP
ftr-383	111	18	an	an	DET
ftr-383	111	19	exemption	exemption	NOUN
ftr-383	111	20	system	system	NOUN
ftr-383	111	21	would	would	AUX
ftr-383	111	22	make	make	VERB
ftr-383	111	23	u.s	u.s	PROPN
ftr-383	111	24	.	.	PROPN
ftr-383	111	25	businesses	business	NOUN
ftr-383	111	26	more	more	ADV
ftr-383	111	27	competitive	competitive	ADJ
ftr-383	111	28	in	in	ADP
ftr-383	111	29	their	their	PRON
ftr-383	111	30	foreign	foreign	ADJ
ftr-383	111	31	operations.17	operations.17	NOUN
ftr-383	111	32	the	the	DET
ftr-383	111	33	benefits	benefit	NOUN
ftr-383	111	34	of	of	ADP
ftr-383	111	35	changing	change	VERB
ftr-383	111	36	to	to	ADP
ftr-383	111	37	an	an	DET
ftr-383	111	38	exemption	exemption	NOUN
ftr-383	111	39	system	system	NOUN
ftr-383	111	40	,	,	PUNCT
ftr-383	111	41	according	accord	VERB
ftr-383	111	42	to	to	ADP
ftr-383	111	43	the	the	DET
ftr-383	111	44	panel	panel	NOUN
ftr-383	111	45	,	,	PUNCT
ftr-383	111	46	include	include	VERB
ftr-383	111	47	:	:	PUNCT
ftr-383	112	1	1	1	X
ftr-383	112	2	.	.	X
ftr-383	112	3	it	it	PRON
ftr-383	112	4	would	would	AUX
ftr-383	112	5	allow	allow	VERB
ftr-383	112	6	u.s	u.s	PROPN
ftr-383	112	7	.	.	PROPN
ftr-383	112	8	companies	company	NOUN
ftr-383	112	9	to	to	PART
ftr-383	112	10	compete	compete	VERB
ftr-383	112	11	abroad	abroad	ADV
ftr-383	112	12	more	more	ADV
ftr-383	112	13	effectively	effectively	ADV
ftr-383	112	14	.	.	PUNCT
ftr-383	113	1	2	2	X
ftr-383	113	2	.	.	X
ftr-383	113	3	it	it	PRON
ftr-383	113	4	would	would	AUX
ftr-383	113	5	reduce	reduce	VERB
ftr-383	113	6	the	the	DET
ftr-383	113	7	degree	degree	NOUN
ftr-383	113	8	of	of	ADP
ftr-383	113	9	tax	tax	NOUN
ftr-383	113	10	-	-	PUNCT
ftr-383	113	11	induced	induce	VERB
ftr-383	113	12	distortions	distortion	NOUN
ftr-383	113	13	on	on	ADP
ftr-383	113	14	business	business	NOUN
ftr-383	113	15	decisions	decision	NOUN
ftr-383	113	16	.	.	PUNCT
ftr-383	114	1	3	3	X
ftr-383	114	2	.	.	X
ftr-383	114	3	it	it	PRON
ftr-383	114	4	would	would	AUX
ftr-383	114	5	produce	produce	VERB
ftr-383	114	6	simplification	simplification	NOUN
ftr-383	114	7	gains.18	gains.18	NOUN
ftr-383	114	8	the	the	DET
ftr-383	114	9	report	report	NOUN
ftr-383	114	10	also	also	ADV
ftr-383	114	11	stated	state	VERB
ftr-383	114	12	,	,	PUNCT
ftr-383	114	13	without	without	ADP
ftr-383	114	14	discussion	discussion	NOUN
ftr-383	114	15	,	,	PUNCT
ftr-383	114	16	that	that	SCONJ
ftr-383	114	17	there	there	PRON
ftr-383	114	18	is	be	VERB
ftr-383	114	19	no	no	DET
ftr-383	114	20	definitive	definitive	ADJ
ftr-383	114	21	evidence	evidence	NOUN
ftr-383	114	22	that	that	SCONJ
ftr-383	114	23	investment	investment	NOUN
ftr-383	114	24	location	location	NOUN
ftr-383	114	25	decisions	decision	NOUN
ftr-383	114	26	would	would	AUX
ftr-383	114	27	be	be	AUX
ftr-383	114	28	significantly	significantly	ADV
ftr-383	114	29	changed	change	VERB
ftr-383	114	30	from	from	ADP
ftr-383	114	31	the	the	DET
ftr-383	114	32	present	present	ADJ
ftr-383	114	33	situation.19	situation.19	NOUN
ftr-383	114	34	2007	2007	NUM
ftr-383	114	35	territorial	territorial	ADJ
ftr-383	114	36	vs	vs	ADP
ftr-383	114	37	worldwide	worldwide	ADJ
ftr-383	114	38	international	international	ADJ
ftr-383	114	39	tax	tax	NOUN
ftr-383	114	40	systems	system	NOUN
ftr-383	114	41	289	289	NUM
ftr-383	114	42	20	20	NUM
ftr-383	114	43	.	.	PUNCT
ftr-383	115	1	see	see	VERB
ftr-383	115	2	panel	panel	NOUN
ftr-383	115	3	report	report	NOUN
ftr-383	115	4	,	,	PUNCT
ftr-383	115	5	supra	supra	PROPN
ftr-383	115	6	note	note	NOUN
ftr-383	115	7	1	1	NUM
ftr-383	115	8	,	,	PUNCT
ftr-383	115	9	at	at	ADP
ftr-383	115	10	104	104	NUM
ftr-383	115	11	-	-	SYM
ftr-383	115	12	105	105	NUM
ftr-383	115	13	.	.	PUNCT
ftr-383	116	1	this	this	DET
ftr-383	116	2	same	same	ADJ
ftr-383	116	3	approach	approach	NOUN
ftr-383	116	4	was	be	AUX
ftr-383	116	5	taken	take	VERB
ftr-383	116	6	in	in	ADP
ftr-383	116	7	harry	harry	PROPN
ftr-383	116	8	grubert	grubert	PROPN
ftr-383	116	9	&	&	CCONJ
ftr-383	116	10	john	john	PROPN
ftr-383	116	11	mutti	mutti	PROPN
ftr-383	116	12	,	,	PUNCT
ftr-383	116	13	taxing	tax	VERB
ftr-383	116	14	international	international	ADJ
ftr-383	116	15	business	business	NOUN
ftr-383	116	16	income	income	NOUN
ftr-383	116	17	:	:	PUNCT
ftr-383	116	18	dividend	dividend	NOUN
ftr-383	116	19	exemption	exemption	NOUN
ftr-383	116	20	versus	versus	ADP
ftr-383	116	21	the	the	DET
ftr-383	116	22	current	current	ADJ
ftr-383	116	23	system	system	NOUN
ftr-383	116	24	(	(	PUNCT
ftr-383	116	25	american	american	ADJ
ftr-383	116	26	enterprise	enterprise	PROPN
ftr-383	116	27	institute	institute	PROPN
ftr-383	116	28	,	,	PUNCT
ftr-383	116	29	2001	2001	NUM
ftr-383	116	30	)	)	PUNCT
ftr-383	116	31	;	;	PUNCT
ftr-383	116	32	see	see	VERB
ftr-383	116	33	also	also	ADV
ftr-383	116	34	,	,	PUNCT
ftr-383	116	35	rosanne	rosanne	PROPN
ftr-383	116	36	altschuler	altschuler	NOUN
ftr-383	116	37	&	&	CCONJ
ftr-383	116	38	harry	harry	PROPN
ftr-383	116	39	grubert	grubert	PROPN
ftr-383	116	40	,	,	PUNCT
ftr-383	116	41	where	where	SCONJ
ftr-383	116	42	w	w	NOUN
ftr-383	116	43	ill	ill	ADJ
ftr-383	116	44	they	they	PRON
ftr-383	116	45	go	go	VERB
ftr-383	116	46	if	if	SCONJ
ftr-383	116	47	we	we	PRON
ftr-383	116	48	go	go	VERB
ftr-383	116	49	territorial	territorial	ADJ
ftr-383	116	50	?	?	PUNCT
ftr-383	117	1	dividend	dividend	NOUN
ftr-383	117	2	exemption	exemption	NOUN
ftr-383	117	3	and	and	CCONJ
ftr-383	117	4	the	the	DET
ftr-383	117	5	location	location	NOUN
ftr-383	117	6	decisions	decision	NOUN
ftr-383	117	7	of	of	ADP
ftr-383	117	8	u.s	u.s	PROPN
ftr-383	117	9	.	.	PROPN
ftr-383	117	10	multinational	multinational	ADJ
ftr-383	117	11	corporations	corporation	NOUN
ftr-383	117	12	,	,	PUNCT
ftr-383	117	13	54	54	NUM
ftr-383	117	14	nat’l	nat’l	NOUN
ftr-383	117	15	tax	tax	NOUN
ftr-383	117	16	j.	j.	PROPN
ftr-383	117	17	787	787	NUM
ftr-383	117	18	(	(	PUNCT
ftr-383	117	19	2001	2001	NUM
ftr-383	117	20	)	)	PUNCT
ftr-383	117	21	.	.	PUNCT
ftr-383	118	1	at	at	ADP
ftr-383	118	2	various	various	ADJ
ftr-383	118	3	points	point	NOUN
ftr-383	118	4	in	in	ADP
ftr-383	118	5	the	the	DET
ftr-383	118	6	following	follow	VERB
ftr-383	118	7	discussion	discussion	NOUN
ftr-383	118	8	,	,	PUNCT
ftr-383	118	9	i	i	PRON
ftr-383	118	10	do	do	AUX
ftr-383	118	11	compare	compare	VERB
ftr-383	118	12	aspects	aspect	NOUN
ftr-383	118	13	of	of	ADP
ftr-383	118	14	the	the	DET
ftr-383	118	15	proposed	propose	VERB
ftr-383	118	16	exemption	exemption	NOUN
ftr-383	118	17	system	system	NOUN
ftr-383	118	18	to	to	ADP
ftr-383	118	19	current	current	ADJ
ftr-383	118	20	law	law	NOUN
ftr-383	118	21	.	.	PUNCT
ftr-383	119	1	21	21	NUM
ftr-383	119	2	.	.	X
ftr-383	120	1	for	for	ADP
ftr-383	120	2	extensive	extensive	ADJ
ftr-383	120	3	discussions	discussion	NOUN
ftr-383	120	4	of	of	ADP
ftr-383	120	5	a	a	DET
ftr-383	120	6	proposal	proposal	NOUN
ftr-383	120	7	to	to	PART
ftr-383	120	8	end	end	VERB
ftr-383	120	9	deferral	deferral	ADJ
ftr-383	120	10	,	,	PUNCT
ftr-383	120	11	see	see	VERB
ftr-383	120	12	robert	robert	PROPN
ftr-383	120	13	j.	j.	PROPN
ftr-383	120	14	peroni	peroni	PROPN
ftr-383	120	15	,	,	PUNCT
ftr-383	120	16	j.	j.	PROPN
ftr-383	120	17	clifton	clifton	PROPN
ftr-383	120	18	fleming	fleming	PROPN
ftr-383	120	19	,	,	PUNCT
ftr-383	120	20	jr	jr	PROPN
ftr-383	120	21	.	.	PROPN
ftr-383	120	22	,	,	PUNCT
ftr-383	120	23	&	&	CCONJ
ftr-383	120	24	stephen	stephen	PROPN
ftr-383	120	25	e.	e.	PROPN
ftr-383	120	26	shay	shay	PROPN
ftr-383	120	27	,	,	PUNCT
ftr-383	120	28	getting	get	VERB
ftr-383	120	29	serious	serious	ADJ
ftr-383	120	30	about	about	ADP
ftr-383	120	31	curtailing	curtail	VERB
ftr-383	120	32	deferral	deferral	NOUN
ftr-383	120	33	of	of	ADP
ftr-383	120	34	u.s	u.s	PROPN
ftr-383	120	35	.	.	PROPN
ftr-383	120	36	tax	tax	NOUN
ftr-383	120	37	on	on	ADP
ftr-383	120	38	foreign	foreign	ADJ
ftr-383	120	39	source	source	NOUN
ftr-383	120	40	income	income	NOUN
ftr-383	120	41	,	,	PUNCT
ftr-383	120	42	52	52	NUM
ftr-383	120	43	smu	smu	PROPN
ftr-383	120	44	l.	l.	PROPN
ftr-383	120	45	rev	rev	PROPN
ftr-383	120	46	.	.	PROPN
ftr-383	121	1	455	455	NUM
ftr-383	121	2	(	(	PUNCT
ftr-383	121	3	1999	1999	NUM
ftr-383	121	4	)	)	PUNCT
ftr-383	121	5	;	;	PUNCT
ftr-383	122	1	j.	j.	PROPN
ftr-383	122	2	clifton	clifton	PROPN
ftr-383	122	3	fleming	fleming	PROPN
ftr-383	122	4	,	,	PUNCT
ftr-383	122	5	jr	jr	PROPN
ftr-383	122	6	.	.	PROPN
ftr-383	122	7	,	,	PUNCT
ftr-383	122	8	robert	robert	PROPN
ftr-383	122	9	j.	j.	PROPN
ftr-383	122	10	peroni	peroni	PROPN
ftr-383	122	11	&	&	CCONJ
ftr-383	122	12	stephen	stephen	PROPN
ftr-383	122	13	e.	e.	PROPN
ftr-383	122	14	shay	shay	PROPN
ftr-383	122	15	,	,	PUNCT
ftr-383	122	16	an	an	DET
ftr-383	122	17	alternative	alternative	ADJ
ftr-383	122	18	view	view	NOUN
ftr-383	122	19	of	of	ADP
ftr-383	122	20	deferral	deferral	NOUN
ftr-383	122	21	:	:	PUNCT
ftr-383	122	22	considering	consider	VERB
ftr-383	122	23	a	a	DET
ftr-383	122	24	proposal	proposal	NOUN
ftr-383	122	25	to	to	PART
ftr-383	122	26	curtail	curtail	VERB
ftr-383	122	27	,	,	PUNCT
ftr-383	122	28	not	not	PART
ftr-383	122	29	expand	expand	VERB
ftr-383	122	30	,	,	PUNCT
ftr-383	122	31	deferral	deferral	ADJ
ftr-383	122	32	,	,	PUNCT
ftr-383	122	33	20	20	NUM
ftr-383	122	34	tax	tax	NOUN
ftr-383	122	35	notes	note	NOUN
ftr-383	122	36	int’l	int’l	NOUN
ftr-383	122	37	547	547	NUM
ftr-383	122	38	(	(	PUNCT
ftr-383	122	39	jan	jan	PROPN
ftr-383	122	40	.	.	PROPN
ftr-383	122	41	31	31	NUM
ftr-383	122	42	,	,	PUNCT
ftr-383	122	43	2000	2000	NUM
ftr-383	122	44	)	)	PUNCT
ftr-383	122	45	.	.	PUNCT
ftr-383	123	1	senator	senator	PROPN
ftr-383	123	2	john	john	PROPN
ftr-383	123	3	kerry	kerry	PROPN
ftr-383	123	4	has	have	AUX
ftr-383	123	5	introduced	introduce	VERB
ftr-383	123	6	legislation	legislation	NOUN
ftr-383	123	7	to	to	PART
ftr-383	123	8	require	require	VERB
ftr-383	123	9	current	current	ADJ
ftr-383	123	10	taxation	taxation	NOUN
ftr-383	123	11	of	of	ADP
ftr-383	123	12	the	the	DET
ftr-383	123	13	income	income	NOUN
ftr-383	123	14	of	of	ADP
ftr-383	123	15	controlled	control	VERB
ftr-383	123	16	foreign	foreign	ADJ
ftr-383	123	17	corporations	corporation	NOUN
ftr-383	123	18	,	,	PUNCT
ftr-383	123	19	coupled	couple	VERB
ftr-383	123	20	with	with	ADP
ftr-383	123	21	a	a	DET
ftr-383	123	22	reduction	reduction	NOUN
ftr-383	123	23	in	in	ADP
ftr-383	123	24	the	the	DET
ftr-383	123	25	corporate	corporate	ADJ
ftr-383	123	26	tax	tax	NOUN
ftr-383	123	27	rates	rate	NOUN
ftr-383	123	28	.	.	PUNCT
ftr-383	124	1	the	the	DET
ftr-383	124	2	export	export	NOUN
ftr-383	124	3	products	product	NOUN
ftr-383	124	4	not	not	PART
ftr-383	124	5	jobs	job	NOUN
ftr-383	124	6	act	act	PROPN
ftr-383	124	7	,	,	PUNCT
ftr-383	124	8	s.	s.	PROPN
ftr-383	124	9	3777	3777	NUM
ftr-383	124	10	,	,	PUNCT
ftr-383	124	11	109th	109th	ADJ
ftr-383	124	12	cong	cong	NOUN
ftr-383	124	13	.	.	PROPN
ftr-383	124	14	,	,	PUNCT
ftr-383	124	15	2d	2d	NUM
ftr-383	124	16	sess	sess	NOUN
ftr-383	124	17	.	.	PUNCT
ftr-383	125	1	(	(	PUNCT
ftr-383	125	2	2006	2006	NUM
ftr-383	125	3	)	)	PUNCT
ftr-383	125	4	.	.	PUNCT
ftr-383	126	1	part	part	PROPN
ftr-383	126	2	ii	ii	PROPN
ftr-383	126	3	in	in	ADP
ftr-383	126	4	this	this	DET
ftr-383	126	5	part	part	NOUN
ftr-383	126	6	,	,	PUNCT
ftr-383	126	7	i	i	PRON
ftr-383	126	8	will	will	AUX
ftr-383	126	9	set	set	VERB
ftr-383	126	10	forth	forth	ADP
ftr-383	126	11	the	the	DET
ftr-383	126	12	model	model	NOUN
ftr-383	126	13	i	i	PRON
ftr-383	126	14	propose	propose	VERB
ftr-383	126	15	to	to	PART
ftr-383	126	16	use	use	VERB
ftr-383	126	17	in	in	ADP
ftr-383	126	18	assessing	assess	VERB
ftr-383	126	19	whether	whether	SCONJ
ftr-383	126	20	a	a	DET
ftr-383	126	21	worldwide	worldwide	ADJ
ftr-383	126	22	taxation	taxation	NOUN
ftr-383	126	23	of	of	ADP
ftr-383	126	24	income	income	NOUN
ftr-383	126	25	with	with	ADP
ftr-383	126	26	a	a	DET
ftr-383	126	27	foreign	foreign	ADJ
ftr-383	126	28	tax	tax	NOUN
ftr-383	126	29	credit	credit	NOUN
ftr-383	126	30	system	system	NOUN
ftr-383	126	31	(	(	PUNCT
ftr-383	126	32	wwi	wwi	PROPN
ftr-383	126	33	/	/	SYM
ftr-383	126	34	ftc	ftc	PROPN
ftr-383	126	35	)	)	PUNCT
ftr-383	126	36	or	or	CCONJ
ftr-383	126	37	a	a	DET
ftr-383	126	38	territorial	territorial	ADJ
ftr-383	126	39	system	system	NOUN
ftr-383	126	40	is	be	AUX
ftr-383	126	41	better	well	ADJ
ftr-383	126	42	for	for	ADP
ftr-383	126	43	the	the	DET
ftr-383	126	44	u.s	u.s	PROPN
ftr-383	126	45	.	.	PROPN
ftr-383	126	46	and	and	CCONJ
ftr-383	126	47	by	by	ADP
ftr-383	126	48	“	"	PUNCT
ftr-383	126	49	better	well	ADJ
ftr-383	126	50	,	,	PUNCT
ftr-383	126	51	”	"	PUNCT
ftr-383	126	52	i	i	PRON
ftr-383	126	53	mean	mean	VERB
ftr-383	126	54	which	which	PRON
ftr-383	126	55	maximizes	maximize	VERB
ftr-383	126	56	the	the	DET
ftr-383	126	57	welfare	welfare	NOUN
ftr-383	126	58	of	of	ADP
ftr-383	126	59	u.s	u.s	PROPN
ftr-383	126	60	.	.	PROPN
ftr-383	126	61	citizens	citizen	NOUN
ftr-383	126	62	and	and	CCONJ
ftr-383	126	63	residents	resident	NOUN
ftr-383	126	64	.	.	PUNCT
ftr-383	127	1	in	in	ADP
ftr-383	127	2	so	so	ADV
ftr-383	127	3	doing	do	VERB
ftr-383	127	4	,	,	PUNCT
ftr-383	127	5	i	i	PRON
ftr-383	127	6	reject	reject	VERB
ftr-383	127	7	the	the	DET
ftr-383	127	8	approach	approach	NOUN
ftr-383	127	9	of	of	ADP
ftr-383	127	10	the	the	DET
ftr-383	127	11	panel	panel	NOUN
ftr-383	127	12	and	and	CCONJ
ftr-383	127	13	the	the	DET
ftr-383	127	14	jct	jct	PROPN
ftr-383	127	15	staff	staff	NOUN
ftr-383	127	16	in	in	ADP
ftr-383	127	17	which	which	PRON
ftr-383	127	18	they	they	PRON
ftr-383	127	19	compared	compare	VERB
ftr-383	127	20	an	an	DET
ftr-383	127	21	ideal	ideal	NOUN
ftr-383	127	22	(	(	PUNCT
ftr-383	127	23	or	or	CCONJ
ftr-383	127	24	near	near	ADP
ftr-383	127	25	ideal	ideal	ADJ
ftr-383	127	26	)	)	PUNCT
ftr-383	127	27	territorial	territorial	ADJ
ftr-383	127	28	system	system	NOUN
ftr-383	127	29	with	with	ADP
ftr-383	127	30	the	the	DET
ftr-383	127	31	current	current	ADJ
ftr-383	127	32	imperfect	imperfect	ADJ
ftr-383	127	33	wwi	wwi	PROPN
ftr-383	127	34	/	/	SYM
ftr-383	127	35	ftc	ftc	PROPN
ftr-383	127	36	system	system	NOUN
ftr-383	127	37	in	in	ADP
ftr-383	127	38	effect	effect	NOUN
ftr-383	127	39	in	in	ADP
ftr-383	127	40	the	the	DET
ftr-383	127	41	u.s	u.s	PROPN
ftr-383	127	42	.	.	PROPN
ftr-383	127	43	this	this	DET
ftr-383	127	44	approach	approach	NOUN
ftr-383	127	45	,	,	PUNCT
ftr-383	127	46	it20	it20	PROPN
ftr-383	127	47	seems	seem	VERB
ftr-383	127	48	to	to	ADP
ftr-383	127	49	me	i	PRON
ftr-383	127	50	,	,	PUNCT
ftr-383	127	51	does	do	AUX
ftr-383	127	52	a	a	DET
ftr-383	127	53	real	real	ADJ
ftr-383	127	54	disservice	disservice	NOUN
ftr-383	127	55	to	to	ADP
ftr-383	127	56	policymakers	policymaker	NOUN
ftr-383	127	57	(	(	PUNCT
ftr-383	127	58	unless	unless	SCONJ
ftr-383	127	59	,	,	PUNCT
ftr-383	127	60	of	of	ADP
ftr-383	127	61	course	course	NOUN
ftr-383	127	62	,	,	PUNCT
ftr-383	127	63	they	they	PRON
ftr-383	127	64	have	have	AUX
ftr-383	127	65	predetermined	predetermine	VERB
ftr-383	127	66	that	that	SCONJ
ftr-383	127	67	they	they	PRON
ftr-383	127	68	desire	desire	VERB
ftr-383	127	69	the	the	DET
ftr-383	127	70	adoption	adoption	NOUN
ftr-383	127	71	of	of	ADP
ftr-383	127	72	a	a	DET
ftr-383	127	73	territorial	territorial	ADJ
ftr-383	127	74	system	system	NOUN
ftr-383	127	75	)	)	PUNCT
ftr-383	127	76	.	.	PUNCT
ftr-383	128	1	instead	instead	ADV
ftr-383	128	2	,	,	PUNCT
ftr-383	128	3	i	i	PRON
ftr-383	128	4	believe	believe	VERB
ftr-383	128	5	the	the	DET
ftr-383	128	6	appropriate	appropriate	ADJ
ftr-383	128	7	policy	policy	NOUN
ftr-383	128	8	comparison	comparison	NOUN
ftr-383	128	9	is	be	AUX
ftr-383	128	10	between	between	ADP
ftr-383	128	11	a	a	DET
ftr-383	128	12	(	(	PUNCT
ftr-383	128	13	near	near	ADJ
ftr-383	128	14	)	)	PUNCT
ftr-383	128	15	ideal	ideal	PROPN
ftr-383	128	16	wwi	wwi	PROPN
ftr-383	128	17	/	/	SYM
ftr-383	128	18	ftc	ftc	PROPN
ftr-383	128	19	system	system	NOUN
ftr-383	128	20	and	and	CCONJ
ftr-383	128	21	a	a	DET
ftr-383	128	22	(	(	PUNCT
ftr-383	128	23	near	near	ADJ
ftr-383	128	24	)	)	PUNCT
ftr-383	128	25	ideal	ideal	ADJ
ftr-383	128	26	exemption	exemption	NOUN
ftr-383	128	27	system	system	NOUN
ftr-383	128	28	.	.	PUNCT
ftr-383	129	1	only	only	ADV
ftr-383	129	2	then	then	ADV
ftr-383	129	3	can	can	AUX
ftr-383	129	4	policymakers	policymaker	NOUN
ftr-383	129	5	assess	assess	VERB
ftr-383	129	6	each	each	PRON
ftr-383	129	7	in	in	ADP
ftr-383	129	8	terms	term	NOUN
ftr-383	129	9	of	of	ADP
ftr-383	129	10	equity	equity	NOUN
ftr-383	129	11	,	,	PUNCT
ftr-383	129	12	efficiency	efficiency	NOUN
ftr-383	129	13	,	,	PUNCT
ftr-383	129	14	and	and	CCONJ
ftr-383	129	15	simplicity	simplicity	NOUN
ftr-383	129	16	.	.	PUNCT
ftr-383	130	1	accordingly	accordingly	ADV
ftr-383	130	2	,	,	PUNCT
ftr-383	130	3	this	this	DET
ftr-383	130	4	part	part	NOUN
ftr-383	130	5	sets	set	VERB
ftr-383	130	6	forth	forth	ADP
ftr-383	130	7	a	a	DET
ftr-383	130	8	model	model	NOUN
ftr-383	130	9	of	of	ADP
ftr-383	130	10	a	a	DET
ftr-383	130	11	wwi	wwi	PROPN
ftr-383	130	12	/	/	SYM
ftr-383	130	13	ftc	ftc	PROPN
ftr-383	130	14	system	system	NOUN
ftr-383	130	15	and	and	CCONJ
ftr-383	130	16	a	a	DET
ftr-383	130	17	model	model	NOUN
ftr-383	130	18	of	of	ADP
ftr-383	130	19	a	a	DET
ftr-383	130	20	territorial	territorial	ADJ
ftr-383	130	21	system	system	NOUN
ftr-383	130	22	.	.	PUNCT
ftr-383	131	1	a.	a.	PROPN
ftr-383	131	2	wwi	wwi	PROPN
ftr-383	131	3	/	/	SYM
ftr-383	131	4	ftc	ftc	PROPN
ftr-383	131	5	system	system	NOUN
ftr-383	131	6	in	in	ADP
ftr-383	131	7	very	very	ADV
ftr-383	131	8	brief	brief	ADJ
ftr-383	131	9	form	form	NOUN
ftr-383	131	10	,	,	PUNCT
ftr-383	131	11	the	the	DET
ftr-383	131	12	following	follow	VERB
ftr-383	131	13	basic	basic	ADJ
ftr-383	131	14	elements	element	NOUN
ftr-383	131	15	constitute	constitute	VERB
ftr-383	131	16	a	a	DET
ftr-383	131	17	(	(	PUNCT
ftr-383	131	18	near	near	ADJ
ftr-383	131	19	)	)	PUNCT
ftr-383	131	20	ideal	ideal	PROPN
ftr-383	131	21	wwi	wwi	PROPN
ftr-383	131	22	/	/	SYM
ftr-383	131	23	ftc	ftc	PROPN
ftr-383	131	24	system	system	NOUN
ftr-383	131	25	.	.	PUNCT
ftr-383	132	1	1	1	X
ftr-383	132	2	.	.	X
ftr-383	133	1	all	all	DET
ftr-383	133	2	foreign	foreign	ADJ
ftr-383	133	3	income	income	NOUN
ftr-383	133	4	,	,	PUNCT
ftr-383	133	5	whether	whether	SCONJ
ftr-383	133	6	from	from	ADP
ftr-383	133	7	business	business	NOUN
ftr-383	133	8	operations	operation	NOUN
ftr-383	133	9	or	or	CCONJ
ftr-383	133	10	passive	passive	ADJ
ftr-383	133	11	investments	investment	NOUN
ftr-383	133	12	,	,	PUNCT
ftr-383	133	13	would	would	AUX
ftr-383	133	14	be	be	AUX
ftr-383	133	15	taxed	tax	VERB
ftr-383	133	16	currently	currently	ADV
ftr-383	133	17	,	,	PUNCT
ftr-383	133	18	on	on	ADP
ftr-383	133	19	an	an	DET
ftr-383	133	20	accrual	accrual	ADJ
ftr-383	133	21	basis	basis	NOUN
ftr-383	133	22	,	,	PUNCT
ftr-383	133	23	by	by	ADP
ftr-383	133	24	the	the	DET
ftr-383	133	25	u.s	u.s	PROPN
ftr-383	133	26	.	.	PROPN
ftr-383	133	27	no	no	DET
ftr-383	133	28	deferral	deferral	NOUN
ftr-383	133	29	of	of	ADP
ftr-383	133	30	tax	tax	NOUN
ftr-383	133	31	on	on	ADP
ftr-383	133	32	foreign	foreign	ADJ
ftr-383	133	33	source	source	NOUN
ftr-383	133	34	income	income	NOUN
ftr-383	133	35	would	would	AUX
ftr-383	133	36	be	be	AUX
ftr-383	133	37	permitted	permit	VERB
ftr-383	133	38	.	.	PUNCT
ftr-383	134	1	as	as	ADP
ftr-383	134	2	a	a	DET
ftr-383	134	3	result	result	NOUN
ftr-383	134	4	,	,	PUNCT
ftr-383	134	5	u.s	u.s	PROPN
ftr-383	134	6	.	.	PROPN
ftr-383	134	7	income	income	PROPN
ftr-383	134	8	tax21	tax21	PROPN
ftr-383	134	9	290	290	NUM
ftr-383	134	10	florida	florida	PROPN
ftr-383	134	11	tax	tax	NOUN
ftr-383	134	12	review	review	NOUN
ftr-383	134	13	[	[	X
ftr-383	134	14	vol	vol	NOUN
ftr-383	134	15	.	.	PUNCT
ftr-383	134	16	8:3	8:3	NUM
ftr-383	134	17	note	note	VERB
ftr-383	134	18	that	that	SCONJ
ftr-383	134	19	this	this	DET
ftr-383	134	20	element	element	NOUN
ftr-383	134	21	of	of	ADP
ftr-383	134	22	the	the	DET
ftr-383	134	23	model	model	NOUN
ftr-383	134	24	eliminates	eliminate	VERB
ftr-383	134	25	the	the	DET
ftr-383	134	26	concerns	concern	NOUN
ftr-383	134	27	expressed	express	VERB
ftr-383	134	28	in	in	ADP
ftr-383	134	29	the	the	DET
ftr-383	134	30	panel	panel	NOUN
ftr-383	134	31	report	report	NOUN
ftr-383	134	32	,	,	PUNCT
ftr-383	134	33	that	that	SCONJ
ftr-383	134	34	the	the	DET
ftr-383	134	35	current	current	ADJ
ftr-383	134	36	system	system	NOUN
ftr-383	134	37	discourages	discourage	VERB
ftr-383	134	38	repatriation	repatriation	NOUN
ftr-383	134	39	of	of	ADP
ftr-383	134	40	dividends	dividend	NOUN
ftr-383	134	41	from	from	ADP
ftr-383	134	42	foreign	foreign	ADJ
ftr-383	134	43	subsidiaries	subsidiary	NOUN
ftr-383	134	44	.	.	PUNCT
ftr-383	135	1	panel	panel	NOUN
ftr-383	135	2	report	report	NOUN
ftr-383	135	3	,	,	PUNCT
ftr-383	135	4	supra	supra	PROPN
ftr-383	135	5	note	note	NOUN
ftr-383	135	6	1	1	NUM
ftr-383	135	7	,	,	PUNCT
ftr-383	135	8	at	at	ADP
ftr-383	135	9	133	133	NUM
ftr-383	135	10	.	.	PUNCT
ftr-383	136	1	22	22	NUM
ftr-383	136	2	.	.	PUNCT
ftr-383	137	1	see	see	VERB
ftr-383	137	2	aba	aba	PROPN
ftr-383	137	3	task	task	PROPN
ftr-383	137	4	force	force	NOUN
ftr-383	137	5	,	,	PUNCT
ftr-383	137	6	supra	supra	PROPN
ftr-383	137	7	note	note	NOUN
ftr-383	137	8	3	3	NUM
ftr-383	137	9	,	,	PUNCT
ftr-383	137	10	at	at	ADP
ftr-383	137	11	672	672	NUM
ftr-383	137	12	,	,	PUNCT
ftr-383	137	13	for	for	ADP
ftr-383	137	14	a	a	DET
ftr-383	137	15	discussion	discussion	NOUN
ftr-383	137	16	of	of	ADP
ftr-383	137	17	a	a	DET
ftr-383	137	18	similar	similar	ADJ
ftr-383	137	19	proposal	proposal	NOUN
ftr-383	137	20	.	.	PUNCT
ftr-383	138	1	considerations	consideration	NOUN
ftr-383	138	2	would	would	AUX
ftr-383	138	3	not	not	PART
ftr-383	138	4	affect	affect	VERB
ftr-383	138	5	the	the	DET
ftr-383	138	6	decision	decision	NOUN
ftr-383	138	7	whether	whether	SCONJ
ftr-383	138	8	to	to	PART
ftr-383	138	9	operate	operate	VERB
ftr-383	138	10	in	in	ADP
ftr-383	138	11	branch	branch	NOUN
ftr-383	138	12	or	or	CCONJ
ftr-383	138	13	subsidiary	subsidiary	NOUN
ftr-383	138	14	form	form	NOUN
ftr-383	138	15	,	,	PUNCT
ftr-383	138	16	a	a	DET
ftr-383	138	17	situation	situation	NOUN
ftr-383	138	18	that	that	PRON
ftr-383	138	19	does	do	AUX
ftr-383	138	20	not	not	PART
ftr-383	138	21	currently	currently	ADV
ftr-383	138	22	exist	exist	VERB
ftr-383	138	23	,	,	PUNCT
ftr-383	138	24	e.g.	e.g.	ADV
ftr-383	138	25	,	,	PUNCT
ftr-383	138	26	the	the	DET
ftr-383	138	27	branch	branch	NOUN
ftr-383	138	28	form	form	NOUN
ftr-383	138	29	is	be	AUX
ftr-383	138	30	preferred	prefer	VERB
ftr-383	138	31	if	if	SCONJ
ftr-383	138	32	foreign	foreign	ADJ
ftr-383	138	33	losses	loss	NOUN
ftr-383	138	34	are	be	AUX
ftr-383	138	35	expected	expect	VERB
ftr-383	138	36	that	that	SCONJ
ftr-383	138	37	can	can	AUX
ftr-383	138	38	offset	offset	VERB
ftr-383	138	39	u.s	u.s	PROPN
ftr-383	138	40	.	.	PROPN
ftr-383	138	41	source	source	NOUN
ftr-383	138	42	income	income	NOUN
ftr-383	138	43	whereas	whereas	SCONJ
ftr-383	138	44	if	if	SCONJ
ftr-383	138	45	profits	profit	NOUN
ftr-383	138	46	are	be	AUX
ftr-383	138	47	expected	expect	VERB
ftr-383	138	48	,	,	PUNCT
ftr-383	138	49	the	the	DET
ftr-383	138	50	use	use	NOUN
ftr-383	138	51	of	of	ADP
ftr-383	138	52	a	a	DET
ftr-383	138	53	subsidiary	subsidiary	NOUN
ftr-383	138	54	provides	provide	VERB
ftr-383	138	55	the	the	DET
ftr-383	138	56	opportunity	opportunity	NOUN
ftr-383	138	57	to	to	PART
ftr-383	138	58	defer	defer	VERB
ftr-383	138	59	u.s	u.s	PROPN
ftr-383	138	60	.	.	PROPN
ftr-383	138	61	tax	tax	NOUN
ftr-383	138	62	on	on	ADP
ftr-383	138	63	those	those	DET
ftr-383	138	64	profits	profit	NOUN
ftr-383	138	65	.	.	PUNCT
ftr-383	139	1	2	2	X
ftr-383	139	2	.	.	X
ftr-383	139	3	an	an	DET
ftr-383	139	4	ftc	ftc	PROPN
ftr-383	139	5	would	would	AUX
ftr-383	139	6	be	be	AUX
ftr-383	139	7	allowed	allow	VERB
ftr-383	139	8	for	for	ADP
ftr-383	139	9	all	all	DET
ftr-383	139	10	foreign	foreign	ADJ
ftr-383	139	11	income	income	NOUN
ftr-383	139	12	taxes	taxis	NOUN
ftr-383	139	13	paid	pay	VERB
ftr-383	139	14	by	by	ADP
ftr-383	139	15	the	the	DET
ftr-383	139	16	u.s	u.s	PROPN
ftr-383	139	17	.	.	PROPN
ftr-383	139	18	taxpayer	taxpayer	NOUN
ftr-383	139	19	on	on	ADP
ftr-383	139	20	its	its	PRON
ftr-383	139	21	foreign	foreign	ADJ
ftr-383	139	22	source	source	NOUN
ftr-383	139	23	income	income	NOUN
ftr-383	139	24	.	.	PUNCT
ftr-383	140	1	a.	a.	NOUN
ftr-383	141	1	the	the	DET
ftr-383	141	2	allowable	allowable	ADJ
ftr-383	141	3	credit	credit	NOUN
ftr-383	141	4	would	would	AUX
ftr-383	141	5	be	be	AUX
ftr-383	141	6	limited	limit	VERB
ftr-383	141	7	to	to	ADP
ftr-383	141	8	the	the	DET
ftr-383	141	9	u.s	u.s	PROPN
ftr-383	141	10	.	.	PROPN
ftr-383	141	11	tax	tax	NOUN
ftr-383	141	12	on	on	ADP
ftr-383	141	13	the	the	DET
ftr-383	141	14	foreign	foreign	ADJ
ftr-383	141	15	source	source	NOUN
ftr-383	141	16	income	income	NOUN
ftr-383	141	17	.	.	PUNCT
ftr-383	142	1	b.	b.	PROPN
ftr-383	143	1	two	two	NUM
ftr-383	143	2	baskets	basket	NOUN
ftr-383	143	3	–	–	PUNCT
ftr-383	143	4	active	active	ADJ
ftr-383	143	5	business	business	NOUN
ftr-383	143	6	income	income	NOUN
ftr-383	143	7	and	and	CCONJ
ftr-383	143	8	passive	passive	ADJ
ftr-383	143	9	investment	investment	NOUN
ftr-383	143	10	income	income	NOUN
ftr-383	143	11	–	–	PUNCT
ftr-383	143	12	would	would	AUX
ftr-383	143	13	be	be	AUX
ftr-383	143	14	retained	retain	VERB
ftr-383	143	15	.	.	PUNCT
ftr-383	144	1	c.	c.	PROPN
ftr-383	144	2	because	because	SCONJ
ftr-383	144	3	worldwide	worldwide	ADJ
ftr-383	144	4	averaging	averaging	NOUN
ftr-383	144	5	of	of	ADP
ftr-383	144	6	business	business	NOUN
ftr-383	144	7	income	income	NOUN
ftr-383	144	8	presents	present	VERB
ftr-383	144	9	too	too	ADV
ftr-383	144	10	much	much	ADJ
ftr-383	144	11	opportunity	opportunity	NOUN
ftr-383	144	12	for	for	ADP
ftr-383	144	13	eliminating	eliminate	VERB
ftr-383	144	14	u.s	u.s	PROPN
ftr-383	144	15	.	.	PROPN
ftr-383	144	16	tax	tax	NOUN
ftr-383	144	17	on	on	ADP
ftr-383	144	18	foreign	foreign	ADJ
ftr-383	144	19	source	source	NOUN
ftr-383	144	20	income	income	NOUN
ftr-383	144	21	,	,	PUNCT
ftr-383	144	22	a	a	DET
ftr-383	144	23	per	per	ADP
ftr-383	144	24	-	-	PUNCT
ftr-383	144	25	country	country	NOUN
ftr-383	144	26	limitation	limitation	NOUN
ftr-383	144	27	(	(	PUNCT
ftr-383	144	28	with	with	ADP
ftr-383	144	29	two	two	NUM
ftr-383	144	30	baskets	basket	NOUN
ftr-383	144	31	in	in	ADP
ftr-383	144	32	each	each	DET
ftr-383	144	33	country	country	NOUN
ftr-383	144	34	)	)	PUNCT
ftr-383	144	35	should	should	AUX
ftr-383	144	36	be	be	AUX
ftr-383	144	37	employed.22	employed.22	PROPN
ftr-383	144	38	d.	d.	PROPN
ftr-383	144	39	as	as	SCONJ
ftr-383	144	40	discussed	discuss	VERB
ftr-383	144	41	in	in	ADP
ftr-383	144	42	further	further	ADJ
ftr-383	144	43	detail	detail	NOUN
ftr-383	144	44	in	in	ADP
ftr-383	144	45	following	follow	VERB
ftr-383	144	46	parts	part	NOUN
ftr-383	144	47	of	of	ADP
ftr-383	144	48	this	this	DET
ftr-383	144	49	paper	paper	NOUN
ftr-383	144	50	,	,	PUNCT
ftr-383	144	51	a	a	DET
ftr-383	144	52	number	number	NOUN
ftr-383	144	53	of	of	ADP
ftr-383	144	54	elements	element	NOUN
ftr-383	144	55	of	of	ADP
ftr-383	144	56	the	the	DET
ftr-383	144	57	current	current	ADJ
ftr-383	144	58	u.s	u.s	PROPN
ftr-383	144	59	.	.	PROPN
ftr-383	144	60	ftc	ftc	PROPN
ftr-383	144	61	system	system	NOUN
ftr-383	144	62	would	would	AUX
ftr-383	144	63	continue	continue	VERB
ftr-383	144	64	,	,	PUNCT
ftr-383	144	65	e.g.	e.g.	ADV
ftr-383	144	66	,	,	PUNCT
ftr-383	144	67	look	look	VERB
ftr-383	144	68	-	-	PUNCT
ftr-383	144	69	through	through	ADP
ftr-383	144	70	rules	rule	NOUN
ftr-383	144	71	and	and	CCONJ
ftr-383	144	72	allocation	allocation	NOUN
ftr-383	144	73	of	of	ADP
ftr-383	144	74	deduction	deduction	NOUN
ftr-383	144	75	rules	rule	NOUN
ftr-383	144	76	.	.	PUNCT
ftr-383	145	1	the	the	DET
ftr-383	145	2	implications	implication	NOUN
ftr-383	145	3	of	of	ADP
ftr-383	145	4	these	these	DET
ftr-383	145	5	basic	basic	ADJ
ftr-383	145	6	elements	element	NOUN
ftr-383	145	7	and	and	CCONJ
ftr-383	145	8	additional	additional	ADJ
ftr-383	145	9	needed	need	VERB
ftr-383	145	10	rules	rule	NOUN
ftr-383	145	11	are	be	AUX
ftr-383	145	12	detailed	detail	VERB
ftr-383	145	13	further	far	ADV
ftr-383	145	14	in	in	ADP
ftr-383	145	15	subsequent	subsequent	ADJ
ftr-383	145	16	parts	part	NOUN
ftr-383	145	17	of	of	ADP
ftr-383	145	18	this	this	DET
ftr-383	145	19	paper	paper	NOUN
ftr-383	145	20	.	.	PUNCT
ftr-383	146	1	b.	b.	PROPN
ftr-383	146	2	territorial	territorial	ADJ
ftr-383	146	3	system	system	NOUN
ftr-383	146	4	in	in	ADP
ftr-383	146	5	very	very	ADV
ftr-383	146	6	brief	brief	ADJ
ftr-383	146	7	terms	term	NOUN
ftr-383	146	8	,	,	PUNCT
ftr-383	146	9	the	the	DET
ftr-383	146	10	following	follow	VERB
ftr-383	146	11	sets	set	VERB
ftr-383	146	12	forth	forth	ADP
ftr-383	146	13	the	the	DET
ftr-383	146	14	basic	basic	ADJ
ftr-383	146	15	elements	element	NOUN
ftr-383	146	16	of	of	ADP
ftr-383	146	17	a	a	DET
ftr-383	146	18	(	(	PUNCT
ftr-383	146	19	near	near	ADJ
ftr-383	146	20	)	)	PUNCT
ftr-383	146	21	ideal	ideal	ADJ
ftr-383	146	22	territorial	territorial	ADJ
ftr-383	146	23	system	system	NOUN
ftr-383	146	24	.	.	PUNCT
ftr-383	147	1	1	1	X
ftr-383	147	2	.	.	X
ftr-383	147	3	the	the	DET
ftr-383	147	4	residence	residence	NOUN
ftr-383	147	5	country	country	NOUN
ftr-383	147	6	could	could	AUX
ftr-383	147	7	include	include	VERB
ftr-383	147	8	foreign	foreign	ADJ
ftr-383	147	9	source	source	NOUN
ftr-383	147	10	income	income	NOUN
ftr-383	147	11	in	in	ADP
ftr-383	147	12	its	its	PRON
ftr-383	147	13	tax	tax	NOUN
ftr-383	147	14	base	base	NOUN
ftr-383	147	15	but	but	CCONJ
ftr-383	147	16	exempt	exempt	ADJ
ftr-383	147	17	foreign	foreign	ADJ
ftr-383	147	18	source	source	NOUN
ftr-383	147	19	business	business	NOUN
ftr-383	147	20	income	income	NOUN
ftr-383	147	21	.	.	PUNCT
ftr-383	148	1	exempt	exempt	ADJ
ftr-383	148	2	income	income	NOUN
ftr-383	148	3	includes	include	VERB
ftr-383	148	4	both	both	DET
ftr-383	148	5	branch	branch	NOUN
ftr-383	148	6	income	income	NOUN
ftr-383	148	7	and	and	CCONJ
ftr-383	148	8	dividends	dividend	NOUN
ftr-383	148	9	from	from	ADP
ftr-383	148	10	foreign	foreign	ADJ
ftr-383	148	11	subsidiaries	subsidiary	NOUN
ftr-383	148	12	paid	pay	VERB
ftr-383	148	13	out	out	ADP
ftr-383	148	14	of	of	ADP
ftr-383	148	15	foreign	foreign	ADJ
ftr-383	148	16	business	business	NOUN
ftr-383	148	17	income	income	NOUN
ftr-383	148	18	.	.	PUNCT
ftr-383	149	1	2	2	X
ftr-383	149	2	.	.	X
ftr-383	149	3	typically	typically	ADV
ftr-383	149	4	,	,	PUNCT
ftr-383	149	5	countries	country	NOUN
ftr-383	149	6	adopting	adopt	VERB
ftr-383	149	7	such	such	DET
ftr-383	149	8	a	a	DET
ftr-383	149	9	system	system	NOUN
ftr-383	149	10	do	do	AUX
ftr-383	149	11	not	not	PART
ftr-383	149	12	extend	extend	VERB
ftr-383	149	13	the	the	DET
ftr-383	149	14	exemption	exemption	NOUN
ftr-383	149	15	to	to	ADP
ftr-383	149	16	foreign	foreign	ADJ
ftr-383	149	17	investment	investment	NOUN
ftr-383	149	18	income	income	NOUN
ftr-383	149	19	.	.	PUNCT
ftr-383	150	1	as	as	ADP
ftr-383	150	2	per	per	ADP
ftr-383	150	3	the	the	DET
ftr-383	150	4	2007	2007	NUM
ftr-383	150	5	territorial	territorial	NOUN
ftr-383	150	6	vs	vs	ADP
ftr-383	150	7	worldwide	worldwide	ADJ
ftr-383	150	8	international	international	ADJ
ftr-383	150	9	tax	tax	NOUN
ftr-383	150	10	systems	system	NOUN
ftr-383	150	11	291	291	NUM
ftr-383	150	12	23	23	NUM
ftr-383	150	13	.	.	PUNCT
ftr-383	151	1	see	see	VERB
ftr-383	151	2	,	,	PUNCT
ftr-383	151	3	e.g.	e.g.	ADV
ftr-383	151	4	,	,	PUNCT
ftr-383	151	5	panel	panel	NOUN
ftr-383	151	6	report	report	NOUN
ftr-383	151	7	,	,	PUNCT
ftr-383	151	8	supra	supra	PROPN
ftr-383	151	9	note	note	NOUN
ftr-383	151	10	1	1	NUM
ftr-383	151	11	,	,	PUNCT
ftr-383	151	12	at	at	ADP
ftr-383	151	13	132	132	NUM
ftr-383	151	14	-	-	SYM
ftr-383	151	15	34	34	NUM
ftr-383	151	16	;	;	PUNCT
ftr-383	151	17	christian	christian	ADJ
ftr-383	151	18	,	,	PUNCT
ftr-383	151	19	supra	supra	PROPN
ftr-383	151	20	note	note	NOUN
ftr-383	151	21	3	3	NUM
ftr-383	151	22	,	,	PUNCT
ftr-383	151	23	at	at	ADP
ftr-383	151	24	40	40	NUM
ftr-383	151	25	(	(	PUNCT
ftr-383	151	26	territoriality	territoriality	NOUN
ftr-383	151	27	is	be	AUX
ftr-383	151	28	simplest	simple	ADJ
ftr-383	151	29	system	system	NOUN
ftr-383	151	30	“	"	PUNCT
ftr-383	151	31	[	[	X
ftr-383	151	32	w]ithout	w]ithout	NOUN
ftr-383	151	33	question	question	NOUN
ftr-383	151	34	”	"	PUNCT
ftr-383	151	35	)	)	PUNCT
ftr-383	151	36	;	;	PUNCT
ftr-383	151	37	larkins	larkins	PROPN
ftr-383	151	38	,	,	PUNCT
ftr-383	151	39	supra	supra	PROPN
ftr-383	151	40	note	note	NOUN
ftr-383	151	41	3	3	NUM
ftr-383	151	42	,	,	PUNCT
ftr-383	151	43	at	at	ADP
ftr-383	151	44	250	250	NUM
ftr-383	151	45	.	.	PUNCT
ftr-383	152	1	24	24	NUM
ftr-383	152	2	.	.	PUNCT
ftr-383	153	1	the	the	DET
ftr-383	153	2	best	good	ADJ
ftr-383	153	3	analysis	analysis	NOUN
ftr-383	153	4	of	of	ADP
ftr-383	153	5	why	why	SCONJ
ftr-383	153	6	an	an	DET
ftr-383	153	7	exemption	exemption	NOUN
ftr-383	153	8	system	system	NOUN
ftr-383	153	9	is	be	AUX
ftr-383	153	10	not	not	PART
ftr-383	153	11	more	more	ADV
ftr-383	153	12	simple	simple	ADJ
ftr-383	153	13	than	than	ADP
ftr-383	153	14	a	a	DET
ftr-383	153	15	wwi	wwi	PROPN
ftr-383	153	16	/	/	SYM
ftr-383	153	17	ftc	ftc	PROPN
ftr-383	153	18	system	system	NOUN
ftr-383	153	19	is	be	AUX
ftr-383	153	20	in	in	ADP
ftr-383	153	21	hugh	hugh	PROPN
ftr-383	153	22	j.	j.	PROPN
ftr-383	153	23	ault	ault	PROPN
ftr-383	153	24	,	,	PUNCT
ftr-383	153	25	u.s	u.s	PROPN
ftr-383	153	26	.	.	PROPN
ftr-383	153	27	exemption	exemption	NOUN
ftr-383	153	28	/	/	SYM
ftr-383	153	29	territorial	territorial	ADJ
ftr-383	153	30	system	system	NOUN
ftr-383	153	31	vs.	vs.	ADP
ftr-383	153	32	creditbased	creditbase	VERB
ftr-383	153	33	system	system	NOUN
ftr-383	153	34	,	,	PUNCT
ftr-383	153	35	32	32	NUM
ftr-383	153	36	tax	tax	NOUN
ftr-383	153	37	notes	note	NOUN
ftr-383	153	38	int’l	int’l	NOUN
ftr-383	153	39	725	725	NUM
ftr-383	153	40	(	(	PUNCT
ftr-383	153	41	nov	nov	PROPN
ftr-383	153	42	.	.	PROPN
ftr-383	153	43	24	24	NUM
ftr-383	153	44	,	,	PUNCT
ftr-383	153	45	2003	2003	NUM
ftr-383	153	46	)	)	PUNCT
ftr-383	153	47	.	.	PUNCT
ftr-383	154	1	25	25	NUM
ftr-383	154	2	.	.	PUNCT
ftr-383	155	1	in	in	ADP
ftr-383	155	2	accord	accord	NOUN
ftr-383	155	3	with	with	ADP
ftr-383	155	4	the	the	DET
ftr-383	155	5	text	text	NOUN
ftr-383	155	6	discussion	discussion	NOUN
ftr-383	155	7	are	be	AUX
ftr-383	155	8	ault	ault	PROPN
ftr-383	155	9	,	,	PUNCT
ftr-383	155	10	supra	supra	PROPN
ftr-383	155	11	note	note	PROPN
ftr-383	155	12	24	24	NUM
ftr-383	155	13	,	,	PUNCT
ftr-383	155	14	at	at	ADP
ftr-383	155	15	727	727	NUM
ftr-383	155	16	;	;	PUNCT
ftr-383	155	17	merrill	merrill	PROPN
ftr-383	155	18	et	et	PROPN
ftr-383	155	19	al	al	PROPN
ftr-383	155	20	.	.	PROPN
ftr-383	155	21	,	,	PUNCT
ftr-383	155	22	supra	supra	PROPN
ftr-383	155	23	note	note	NOUN
ftr-383	155	24	2	2	NUM
ftr-383	155	25	,	,	PUNCT
ftr-383	155	26	at	at	ADP
ftr-383	155	27	905	905	NUM
ftr-383	155	28	;	;	PUNCT
ftr-383	155	29	graetz	graetz	PROPN
ftr-383	155	30	&	&	CCONJ
ftr-383	155	31	oosterhuis	oosterhuis	PROPN
ftr-383	155	32	,	,	PUNCT
ftr-383	155	33	supra	supra	ADJ
ftr-383	155	34	note	note	NOUN
ftr-383	155	35	2	2	NUM
ftr-383	155	36	,	,	PUNCT
ftr-383	155	37	at	at	ADP
ftr-383	155	38	782	782	NUM
ftr-383	155	39	.	.	PUNCT
ftr-383	156	1	panel	panel	NOUN
ftr-383	156	2	report	report	NOUN
ftr-383	156	3	,	,	PUNCT
ftr-383	156	4	such	such	ADJ
ftr-383	156	5	income	income	NOUN
ftr-383	156	6	may	may	AUX
ftr-383	156	7	be	be	AUX
ftr-383	156	8	taxed	tax	VERB
ftr-383	156	9	currently	currently	ADV
ftr-383	156	10	,	,	PUNCT
ftr-383	156	11	with	with	SCONJ
ftr-383	156	12	a	a	DET
ftr-383	156	13	foreign	foreign	ADJ
ftr-383	156	14	tax	tax	NOUN
ftr-383	156	15	credit	credit	NOUN
ftr-383	156	16	allowed	allow	VERB
ftr-383	156	17	.	.	PUNCT
ftr-383	157	1	3	3	X
ftr-383	157	2	.	.	X
ftr-383	157	3	foreign	foreign	ADJ
ftr-383	157	4	source	source	NOUN
ftr-383	157	5	losses	loss	NOUN
ftr-383	157	6	are	be	AUX
ftr-383	157	7	not	not	PART
ftr-383	157	8	permitted	permit	VERB
ftr-383	157	9	to	to	PART
ftr-383	157	10	offset	offset	VERB
ftr-383	157	11	domestic	domestic	ADJ
ftr-383	157	12	source	source	NOUN
ftr-383	157	13	income	income	NOUN
ftr-383	157	14	.	.	PUNCT
ftr-383	158	1	implications	implication	NOUN
ftr-383	158	2	of	of	ADP
ftr-383	158	3	the	the	DET
ftr-383	158	4	foregoing	foregoing	NOUN
ftr-383	158	5	and	and	CCONJ
ftr-383	158	6	the	the	DET
ftr-383	158	7	rules	rule	NOUN
ftr-383	158	8	necessary	necessary	ADJ
ftr-383	158	9	to	to	PART
ftr-383	158	10	implement	implement	VERB
ftr-383	158	11	a	a	DET
ftr-383	158	12	territorial	territorial	ADJ
ftr-383	158	13	system	system	NOUN
ftr-383	158	14	are	be	AUX
ftr-383	158	15	discussed	discuss	VERB
ftr-383	158	16	in	in	ADP
ftr-383	158	17	subsequent	subsequent	ADJ
ftr-383	158	18	parts	part	NOUN
ftr-383	158	19	of	of	ADP
ftr-383	158	20	this	this	DET
ftr-383	158	21	paper	paper	NOUN
ftr-383	158	22	.	.	PUNCT
ftr-383	159	1	part	part	NOUN
ftr-383	159	2	iii	iii	NUM
ftr-383	159	3	supporters	supporter	NOUN
ftr-383	159	4	of	of	ADP
ftr-383	159	5	a	a	DET
ftr-383	159	6	territorial	territorial	ADJ
ftr-383	159	7	system	system	NOUN
ftr-383	159	8	frequently	frequently	ADV
ftr-383	159	9	assert	assert	VERB
ftr-383	159	10	that	that	SCONJ
ftr-383	159	11	such	such	DET
ftr-383	159	12	a	a	DET
ftr-383	159	13	system	system	NOUN
ftr-383	159	14	is	be	AUX
ftr-383	159	15	more	more	ADV
ftr-383	159	16	simple	simple	ADJ
ftr-383	159	17	than	than	ADP
ftr-383	159	18	a	a	DET
ftr-383	159	19	wwi	wwi	PROPN
ftr-383	159	20	/	/	SYM
ftr-383	159	21	ftc	ftc	PROPN
ftr-383	159	22	system	system	NOUN
ftr-383	159	23	.	.	PUNCT
ftr-383	160	1	typically	typically	ADV
ftr-383	160	2	,	,	PUNCT
ftr-383	160	3	little	little	ADJ
ftr-383	160	4	analysis23	analysis23	NOUN
ftr-383	160	5	accompanies	accompany	VERB
ftr-383	160	6	this	this	DET
ftr-383	160	7	assertion	assertion	NOUN
ftr-383	160	8	.	.	PUNCT
ftr-383	161	1	and	and	CCONJ
ftr-383	161	2	,	,	PUNCT
ftr-383	161	3	indeed	indeed	ADV
ftr-383	161	4	,	,	PUNCT
ftr-383	161	5	there	there	PRON
ftr-383	161	6	is	be	VERB
ftr-383	161	7	no	no	DET
ftr-383	161	8	basis	basis	NOUN
ftr-383	161	9	for	for	ADP
ftr-383	161	10	such	such	DET
ftr-383	161	11	a	a	DET
ftr-383	161	12	statement	statement	NOUN
ftr-383	161	13	.	.	PUNCT
ftr-383	162	1	in	in	ADP
ftr-383	162	2	fact	fact	NOUN
ftr-383	162	3	,	,	PUNCT
ftr-383	162	4	virtually	virtually	ADV
ftr-383	162	5	all	all	DET
ftr-383	162	6	the	the	DET
ftr-383	162	7	elements	element	NOUN
ftr-383	162	8	that	that	PRON
ftr-383	162	9	add	add	VERB
ftr-383	162	10	up	up	ADP
ftr-383	162	11	to	to	ADP
ftr-383	162	12	complexity	complexity	NOUN
ftr-383	162	13	in	in	ADP
ftr-383	162	14	a	a	DET
ftr-383	162	15	wwi	wwi	PROPN
ftr-383	162	16	/	/	SYM
ftr-383	162	17	ftc	ftc	PROPN
ftr-383	162	18	system	system	NOUN
ftr-383	162	19	are	be	AUX
ftr-383	162	20	,	,	PUNCT
ftr-383	162	21	or	or	CCONJ
ftr-383	162	22	should	should	AUX
ftr-383	162	23	be	be	AUX
ftr-383	162	24	,	,	PUNCT
ftr-383	162	25	present	present	ADJ
ftr-383	162	26	in	in	ADP
ftr-383	162	27	a	a	DET
ftr-383	162	28	territorial	territorial	ADJ
ftr-383	162	29	system	system	NOUN
ftr-383	162	30	.	.	PUNCT
ftr-383	163	1	and	and	CCONJ
ftr-383	163	2	,	,	PUNCT
ftr-383	163	3	when	when	SCONJ
ftr-383	163	4	additional	additional	ADJ
ftr-383	163	5	elements	element	NOUN
ftr-383	163	6	of	of	ADP
ftr-383	163	7	the	the	DET
ftr-383	163	8	panel	panel	NOUN
ftr-383	163	9	proposal	proposal	NOUN
ftr-383	163	10	are	be	AUX
ftr-383	163	11	factored	factor	VERB
ftr-383	163	12	in	in	ADP
ftr-383	163	13	,	,	PUNCT
ftr-383	163	14	the	the	DET
ftr-383	163	15	u.s	u.s	PROPN
ftr-383	163	16	.	.	PROPN
ftr-383	163	17	international	international	ADJ
ftr-383	163	18	tax	tax	NOUN
ftr-383	163	19	system	system	NOUN
ftr-383	163	20	would	would	AUX
ftr-383	163	21	be	be	AUX
ftr-383	163	22	made	make	VERB
ftr-383	163	23	more	more	ADJ
ftr-383	163	24	,	,	PUNCT
ftr-383	163	25	rather	rather	ADV
ftr-383	163	26	than	than	ADP
ftr-383	163	27	less	less	ADJ
ftr-383	163	28	,	,	PUNCT
ftr-383	163	29	complex	complex	ADJ
ftr-383	163	30	.	.	PUNCT
ftr-383	164	1	the	the	DET
ftr-383	164	2	following	follow	VERB
ftr-383	164	3	discussion	discussion	NOUN
ftr-383	164	4	identifies	identify	VERB
ftr-383	164	5	the	the	DET
ftr-383	164	6	elements	element	NOUN
ftr-383	164	7	that	that	PRON
ftr-383	164	8	can	can	AUX
ftr-383	164	9	create	create	VERB
ftr-383	164	10	complexity	complexity	NOUN
ftr-383	164	11	,	,	PUNCT
ftr-383	164	12	or	or	CCONJ
ftr-383	164	13	in	in	ADP
ftr-383	164	14	any	any	DET
ftr-383	164	15	event	event	NOUN
ftr-383	164	16	are	be	AUX
ftr-383	164	17	necessary	necessary	ADJ
ftr-383	164	18	,	,	PUNCT
ftr-383	164	19	in	in	ADP
ftr-383	164	20	a	a	DET
ftr-383	164	21	model	model	NOUN
ftr-383	164	22	wwi	wwi	PROPN
ftr-383	164	23	/	/	SYM
ftr-383	164	24	ftc	ftc	PROPN
ftr-383	164	25	system	system	NOUN
ftr-383	164	26	.	.	PUNCT
ftr-383	165	1	as	as	SCONJ
ftr-383	165	2	each	each	DET
ftr-383	165	3	rule	rule	NOUN
ftr-383	165	4	is	be	AUX
ftr-383	165	5	identified	identify	VERB
ftr-383	165	6	,	,	PUNCT
ftr-383	165	7	its	its	PRON
ftr-383	165	8	role	role	NOUN
ftr-383	165	9	in	in	ADP
ftr-383	165	10	a	a	DET
ftr-383	165	11	territorial	territorial	ADJ
ftr-383	165	12	system	system	NOUN
ftr-383	165	13	is	be	AUX
ftr-383	165	14	considered	consider	VERB
ftr-383	165	15	,	,	PUNCT
ftr-383	165	16	including	include	VERB
ftr-383	165	17	an	an	DET
ftr-383	165	18	assessment	assessment	NOUN
ftr-383	165	19	whether	whether	SCONJ
ftr-383	165	20	there	there	PRON
ftr-383	165	21	is	be	VERB
ftr-383	165	22	greater	great	ADJ
ftr-383	165	23	or	or	CCONJ
ftr-383	165	24	less	less	ADJ
ftr-383	165	25	pressure	pressure	NOUN
ftr-383	165	26	on	on	ADP
ftr-383	165	27	the	the	DET
ftr-383	165	28	rule	rule	NOUN
ftr-383	165	29	in	in	ADP
ftr-383	165	30	one	one	NUM
ftr-383	165	31	system	system	NOUN
ftr-383	165	32	versus	versus	ADP
ftr-383	165	33	the	the	DET
ftr-383	165	34	other.24	other.24	NOUN
ftr-383	165	35	a.	a.	NOUN
ftr-383	165	36	source	source	NOUN
ftr-383	165	37	of	of	ADP
ftr-383	165	38	income	income	NOUN
ftr-383	165	39	rules	rule	NOUN
ftr-383	165	40	source	source	NOUN
ftr-383	165	41	of	of	ADP
ftr-383	165	42	income	income	NOUN
ftr-383	165	43	rules	rule	NOUN
ftr-383	165	44	play	play	VERB
ftr-383	165	45	a	a	DET
ftr-383	165	46	critical	critical	ADJ
ftr-383	165	47	role	role	NOUN
ftr-383	165	48	in	in	ADP
ftr-383	165	49	the	the	DET
ftr-383	165	50	current	current	ADJ
ftr-383	165	51	u.s	u.s	PROPN
ftr-383	165	52	.	.	PROPN
ftr-383	165	53	international	international	ADJ
ftr-383	165	54	tax	tax	NOUN
ftr-383	165	55	system	system	NOUN
ftr-383	165	56	and	and	CCONJ
ftr-383	165	57	would	would	AUX
ftr-383	165	58	continue	continue	VERB
ftr-383	165	59	to	to	PART
ftr-383	165	60	do	do	VERB
ftr-383	165	61	so	so	ADV
ftr-383	165	62	in	in	ADP
ftr-383	165	63	a	a	DET
ftr-383	165	64	model	model	NOUN
ftr-383	165	65	wwi	wwi	PROPN
ftr-383	165	66	/	/	SYM
ftr-383	165	67	ftc	ftc	PROPN
ftr-383	165	68	system	system	NOUN
ftr-383	165	69	.	.	PUNCT
ftr-383	166	1	such	such	ADJ
ftr-383	166	2	rules	rule	NOUN
ftr-383	166	3	are	be	AUX
ftr-383	166	4	equally	equally	ADV
ftr-383	166	5	necessary	necessary	ADJ
ftr-383	166	6	in	in	ADP
ftr-383	166	7	a	a	DET
ftr-383	166	8	territorial	territorial	ADJ
ftr-383	166	9	system	system	NOUN
ftr-383	166	10	.	.	PUNCT
ftr-383	167	1	since	since	SCONJ
ftr-383	167	2	in	in	ADP
ftr-383	167	3	that	that	DET
ftr-383	167	4	system	system	NOUN
ftr-383	167	5	complete	complete	ADJ
ftr-383	167	6	exemption	exemption	NOUN
ftr-383	167	7	is	be	AUX
ftr-383	167	8	provided	provide	VERB
ftr-383	167	9	for	for	ADP
ftr-383	167	10	specified	specify	VERB
ftr-383	167	11	foreign	foreign	ADJ
ftr-383	167	12	source	source	NOUN
ftr-383	167	13	income	income	NOUN
ftr-383	167	14	,	,	PUNCT
ftr-383	167	15	there	there	PRON
ftr-383	167	16	would	would	AUX
ftr-383	167	17	be	be	AUX
ftr-383	167	18	greater	great	ADJ
ftr-383	167	19	pressure	pressure	NOUN
ftr-383	167	20	on	on	ADP
ftr-383	167	21	the	the	DET
ftr-383	167	22	source	source	NOUN
ftr-383	167	23	of	of	ADP
ftr-383	167	24	income	income	NOUN
ftr-383	167	25	rules	rule	NOUN
ftr-383	167	26	than	than	SCONJ
ftr-383	167	27	is	be	AUX
ftr-383	167	28	the	the	DET
ftr-383	167	29	case	case	NOUN
ftr-383	167	30	even	even	ADV
ftr-383	167	31	under	under	ADP
ftr-383	167	32	present	present	ADJ
ftr-383	167	33	law	law	NOUN
ftr-383	167	34	.	.	PUNCT
ftr-383	168	1	under	under	ADP
ftr-383	168	2	present	present	ADJ
ftr-383	168	3	law	law	NOUN
ftr-383	168	4	,	,	PUNCT
ftr-383	168	5	deferral	deferral	NOUN
ftr-383	168	6	of	of	ADP
ftr-383	168	7	tax	tax	NOUN
ftr-383	168	8	but	but	CCONJ
ftr-383	168	9	not	not	PART
ftr-383	168	10	complete	complete	VERB
ftr-383	168	11	exemption	exemption	NOUN
ftr-383	168	12	turns	turn	VERB
ftr-383	168	13	on	on	ADP
ftr-383	168	14	classifying	classify	VERB
ftr-383	168	15	income	income	NOUN
ftr-383	168	16	as	as	ADP
ftr-383	168	17	foreign	foreign	ADJ
ftr-383	168	18	source	source	NOUN
ftr-383	168	19	.	.	PUNCT
ftr-383	169	1	a	a	DET
ftr-383	169	2	territorial	territorial	ADJ
ftr-383	169	3	system	system	NOUN
ftr-383	169	4	is	be	AUX
ftr-383	169	5	no	no	PRON
ftr-383	169	6	more	more	ADV
ftr-383	169	7	simple	simple	ADJ
ftr-383	169	8	(	(	PUNCT
ftr-383	169	9	or	or	CCONJ
ftr-383	169	10	complex	complex	ADJ
ftr-383	169	11	)	)	PUNCT
ftr-383	169	12	when	when	SCONJ
ftr-383	169	13	compared	compare	VERB
ftr-383	169	14	to	to	ADP
ftr-383	169	15	a	a	DET
ftr-383	169	16	model	model	ADJ
ftr-383	169	17	wwi	wwi	PROPN
ftr-383	169	18	/	/	SYM
ftr-383	169	19	ftc	ftc	PROPN
ftr-383	169	20	system	system	NOUN
ftr-383	169	21	insofar	insofar	ADV
ftr-383	169	22	as	as	ADP
ftr-383	169	23	source	source	NOUN
ftr-383	169	24	of	of	ADP
ftr-383	169	25	income	income	NOUN
ftr-383	169	26	rules	rule	NOUN
ftr-383	169	27	are	be	AUX
ftr-383	169	28	concerned.25	concerned.25	VERB
ftr-383	169	29	292	292	NUM
ftr-383	169	30	florida	florida	PROPN
ftr-383	169	31	tax	tax	NOUN
ftr-383	169	32	review	review	NOUN
ftr-383	170	1	[	[	X
ftr-383	170	2	vol	vol	NOUN
ftr-383	170	3	.	.	PUNCT
ftr-383	170	4	8:3	8:3	NUM
ftr-383	170	5	26	26	NUM
ftr-383	170	6	.	.	PUNCT
ftr-383	171	1	in	in	ADP
ftr-383	171	2	accord	accord	NOUN
ftr-383	171	3	with	with	ADP
ftr-383	171	4	the	the	DET
ftr-383	171	5	text	text	NOUN
ftr-383	171	6	discussion	discussion	NOUN
ftr-383	171	7	are	be	AUX
ftr-383	171	8	ault	ault	PROPN
ftr-383	171	9	,	,	PUNCT
ftr-383	171	10	supra	supra	PROPN
ftr-383	171	11	note	note	NOUN
ftr-383	171	12	2	2	NUM
ftr-383	171	13	,	,	PUNCT
ftr-383	171	14	at	at	ADP
ftr-383	171	15	728	728	NUM
ftr-383	171	16	;	;	PUNCT
ftr-383	171	17	panel	panel	NOUN
ftr-383	171	18	report	report	NOUN
ftr-383	171	19	,	,	PUNCT
ftr-383	171	20	supra	supra	PROPN
ftr-383	171	21	note	note	NOUN
ftr-383	171	22	1	1	NUM
ftr-383	171	23	,	,	PUNCT
ftr-383	171	24	at	at	ADP
ftr-383	171	25	134	134	NUM
ftr-383	171	26	;	;	PUNCT
ftr-383	171	27	merrill	merrill	PROPN
ftr-383	171	28	et	et	PROPN
ftr-383	171	29	al	al	PROPN
ftr-383	171	30	.	.	PROPN
ftr-383	171	31	,	,	PUNCT
ftr-383	171	32	supra	supra	PROPN
ftr-383	171	33	note	note	NOUN
ftr-383	171	34	2	2	NUM
ftr-383	171	35	,	,	PUNCT
ftr-383	171	36	at	at	ADP
ftr-383	171	37	905	905	NUM
ftr-383	171	38	;	;	PUNCT
ftr-383	171	39	graetz	graetz	PROPN
ftr-383	171	40	&	&	CCONJ
ftr-383	171	41	oosterhuis	oosterhuis	PROPN
ftr-383	171	42	,	,	PUNCT
ftr-383	171	43	supra	supra	ADJ
ftr-383	171	44	note	note	NOUN
ftr-383	171	45	2	2	NUM
ftr-383	171	46	,	,	PUNCT
ftr-383	171	47	at	at	ADP
ftr-383	171	48	782	782	NUM
ftr-383	171	49	.	.	PUNCT
ftr-383	172	1	27	27	NUM
ftr-383	172	2	.	.	PUNCT
ftr-383	173	1	in	in	ADP
ftr-383	173	2	accord	accord	NOUN
ftr-383	173	3	are	be	AUX
ftr-383	173	4	ault	ault	PROPN
ftr-383	173	5	,	,	PUNCT
ftr-383	173	6	supra	supra	PROPN
ftr-383	173	7	note	note	PROPN
ftr-383	173	8	24	24	NUM
ftr-383	173	9	,	,	PUNCT
ftr-383	173	10	at	at	ADP
ftr-383	173	11	728	728	NUM
ftr-383	173	12	;	;	PUNCT
ftr-383	173	13	aba	aba	PROPN
ftr-383	173	14	task	task	PROPN
ftr-383	173	15	force	force	NOUN
ftr-383	173	16	,	,	PUNCT
ftr-383	173	17	supra	supra	PROPN
ftr-383	173	18	note	note	NOUN
ftr-383	173	19	3	3	NUM
ftr-383	173	20	,	,	PUNCT
ftr-383	173	21	at	at	ADP
ftr-383	173	22	665	665	NUM
ftr-383	173	23	-	-	SYM
ftr-383	173	24	66	66	NUM
ftr-383	173	25	;	;	PUNCT
ftr-383	173	26	graetz	graetz	PROPN
ftr-383	173	27	&	&	CCONJ
ftr-383	173	28	oosterhuis	oosterhuis	PROPN
ftr-383	173	29	,	,	PUNCT
ftr-383	173	30	supra	supra	ADJ
ftr-383	173	31	note	note	NOUN
ftr-383	173	32	2	2	NUM
ftr-383	173	33	,	,	PUNCT
ftr-383	173	34	at	at	ADP
ftr-383	173	35	783	783	NUM
ftr-383	173	36	.	.	PUNCT
ftr-383	174	1	b.	b.	PROPN
ftr-383	174	2	source	source	NOUN
ftr-383	174	3	(	(	PUNCT
ftr-383	174	4	or	or	CCONJ
ftr-383	174	5	allocation	allocation	NOUN
ftr-383	174	6	)	)	PUNCT
ftr-383	174	7	of	of	ADP
ftr-383	174	8	deduction	deduction	NOUN
ftr-383	174	9	rules	rule	NOUN
ftr-383	174	10	under	under	ADP
ftr-383	174	11	current	current	ADJ
ftr-383	174	12	law	law	NOUN
ftr-383	174	13	,	,	PUNCT
ftr-383	174	14	source	source	NOUN
ftr-383	174	15	of	of	ADP
ftr-383	174	16	deduction	deduction	NOUN
ftr-383	174	17	rules	rule	NOUN
ftr-383	174	18	play	play	VERB
ftr-383	174	19	a	a	DET
ftr-383	174	20	crucial	crucial	ADJ
ftr-383	174	21	role	role	NOUN
ftr-383	174	22	in	in	ADP
ftr-383	174	23	the	the	DET
ftr-383	174	24	operation	operation	NOUN
ftr-383	174	25	of	of	ADP
ftr-383	174	26	the	the	DET
ftr-383	174	27	ftc	ftc	PROPN
ftr-383	174	28	system	system	NOUN
ftr-383	174	29	.	.	PUNCT
ftr-383	175	1	deductions	deduction	NOUN
ftr-383	175	2	allocated	allocate	VERB
ftr-383	175	3	to	to	ADP
ftr-383	175	4	foreign	foreign	ADJ
ftr-383	175	5	source	source	NOUN
ftr-383	175	6	income	income	NOUN
ftr-383	175	7	reduce	reduce	VERB
ftr-383	175	8	the	the	DET
ftr-383	175	9	allowable	allowable	ADJ
ftr-383	175	10	foreign	foreign	ADJ
ftr-383	175	11	tax	tax	NOUN
ftr-383	175	12	credit	credit	NOUN
ftr-383	175	13	(	(	PUNCT
ftr-383	175	14	and	and	CCONJ
ftr-383	175	15	for	for	ADP
ftr-383	175	16	a	a	DET
ftr-383	175	17	taxpayer	taxpayer	NOUN
ftr-383	175	18	in	in	ADP
ftr-383	175	19	an	an	DET
ftr-383	175	20	excess	excess	ADJ
ftr-383	175	21	credit	credit	NOUN
ftr-383	175	22	position	position	NOUN
ftr-383	175	23	,	,	PUNCT
ftr-383	175	24	the	the	DET
ftr-383	175	25	allocation	allocation	NOUN
ftr-383	175	26	is	be	AUX
ftr-383	175	27	equivalent	equivalent	ADJ
ftr-383	175	28	to	to	ADP
ftr-383	175	29	denying	deny	VERB
ftr-383	175	30	the	the	DET
ftr-383	175	31	deduction	deduction	NOUN
ftr-383	175	32	altogether	altogether	ADV
ftr-383	175	33	)	)	PUNCT
ftr-383	175	34	.	.	PUNCT
ftr-383	176	1	such	such	ADJ
ftr-383	176	2	rules	rule	NOUN
ftr-383	176	3	would	would	AUX
ftr-383	176	4	continue	continue	VERB
ftr-383	176	5	to	to	PART
ftr-383	176	6	be	be	AUX
ftr-383	176	7	necessary	necessary	ADJ
ftr-383	176	8	in	in	ADP
ftr-383	176	9	a	a	DET
ftr-383	176	10	model	model	NOUN
ftr-383	176	11	wwi	wwi	PROPN
ftr-383	176	12	/	/	SYM
ftr-383	176	13	ftc	ftc	PROPN
ftr-383	176	14	system	system	NOUN
ftr-383	176	15	.	.	PUNCT
ftr-383	177	1	but	but	CCONJ
ftr-383	177	2	it	it	PRON
ftr-383	177	3	is	be	AUX
ftr-383	177	4	also	also	ADV
ftr-383	177	5	true	true	ADJ
ftr-383	177	6	that	that	SCONJ
ftr-383	177	7	such	such	ADJ
ftr-383	177	8	rules	rule	NOUN
ftr-383	177	9	play	play	VERB
ftr-383	177	10	an	an	DET
ftr-383	177	11	equally	equally	ADV
ftr-383	177	12	important	important	ADJ
ftr-383	177	13	role	role	NOUN
ftr-383	177	14	in	in	ADP
ftr-383	177	15	a	a	DET
ftr-383	177	16	territorial	territorial	ADJ
ftr-383	177	17	system	system	NOUN
ftr-383	177	18	.	.	PUNCT
ftr-383	178	1	failure	failure	NOUN
ftr-383	178	2	to	to	PART
ftr-383	178	3	allocate	allocate	VERB
ftr-383	178	4	appropriately	appropriately	ADV
ftr-383	178	5	deductions	deduction	NOUN
ftr-383	178	6	to	to	ADP
ftr-383	178	7	foreign	foreign	ADJ
ftr-383	178	8	source	source	NOUN
ftr-383	178	9	income	income	NOUN
ftr-383	178	10	that	that	PRON
ftr-383	178	11	is	be	AUX
ftr-383	178	12	exempt	exempt	ADJ
ftr-383	178	13	from	from	ADP
ftr-383	178	14	domestic	domestic	ADJ
ftr-383	178	15	tax	tax	NOUN
ftr-383	178	16	means	mean	VERB
ftr-383	178	17	that	that	SCONJ
ftr-383	178	18	the	the	DET
ftr-383	178	19	taxpayer	taxpayer	NOUN
ftr-383	178	20	would	would	AUX
ftr-383	178	21	be	be	AUX
ftr-383	178	22	able	able	ADJ
ftr-383	178	23	to	to	PART
ftr-383	178	24	deduct	deduct	VERB
ftr-383	178	25	against	against	ADP
ftr-383	178	26	domestic	domestic	ADJ
ftr-383	178	27	taxable	taxable	ADJ
ftr-383	178	28	income	income	NOUN
ftr-383	178	29	items	item	NOUN
ftr-383	178	30	that	that	PRON
ftr-383	178	31	are	be	AUX
ftr-383	178	32	costs	cost	NOUN
ftr-383	178	33	of	of	ADP
ftr-383	178	34	producing	produce	VERB
ftr-383	178	35	tax	tax	NOUN
ftr-383	178	36	-	-	PUNCT
ftr-383	178	37	exempt	exempt	ADJ
ftr-383	178	38	income	income	NOUN
ftr-383	178	39	(	(	PUNCT
ftr-383	178	40	from	from	ADP
ftr-383	178	41	the	the	DET
ftr-383	178	42	perspective	perspective	NOUN
ftr-383	178	43	of	of	ADP
ftr-383	178	44	the	the	DET
ftr-383	178	45	residence	residence	NOUN
ftr-383	178	46	country	country	NOUN
ftr-383	178	47	)	)	PUNCT
ftr-383	178	48	.	.	PUNCT
ftr-383	179	1	this	this	DET
ftr-383	179	2	result	result	NOUN
ftr-383	179	3	,	,	PUNCT
ftr-383	179	4	of	of	ADP
ftr-383	179	5	course	course	NOUN
ftr-383	179	6	,	,	PUNCT
ftr-383	179	7	would	would	AUX
ftr-383	179	8	violate	violate	VERB
ftr-383	179	9	a	a	DET
ftr-383	179	10	long	long	ADV
ftr-383	179	11	-	-	PUNCT
ftr-383	179	12	accepted	accept	VERB
ftr-383	179	13	principle	principle	NOUN
ftr-383	179	14	in	in	ADP
ftr-383	179	15	u.s	u.s	PROPN
ftr-383	179	16	.	.	PROPN
ftr-383	179	17	tax	tax	NOUN
ftr-383	179	18	policy	policy	NOUN
ftr-383	179	19	.	.	PUNCT
ftr-383	180	1	for	for	ADP
ftr-383	180	2	these	these	DET
ftr-383	180	3	reasons	reason	NOUN
ftr-383	180	4	,	,	PUNCT
ftr-383	180	5	as	as	SCONJ
ftr-383	180	6	compared	compare	VERB
ftr-383	180	7	to	to	ADP
ftr-383	180	8	present	present	ADJ
ftr-383	180	9	law	law	NOUN
ftr-383	180	10	,	,	PUNCT
ftr-383	180	11	pressure	pressure	NOUN
ftr-383	180	12	on	on	ADP
ftr-383	180	13	the	the	DET
ftr-383	180	14	source	source	NOUN
ftr-383	180	15	of	of	ADP
ftr-383	180	16	deduction	deduction	NOUN
ftr-383	180	17	rules	rule	NOUN
ftr-383	180	18	would	would	AUX
ftr-383	180	19	be	be	AUX
ftr-383	180	20	at	at	ADV
ftr-383	180	21	least	least	ADJ
ftr-383	180	22	as	as	ADV
ftr-383	180	23	great	great	ADJ
ftr-383	180	24	in	in	ADP
ftr-383	180	25	a	a	DET
ftr-383	180	26	territorial	territorial	ADJ
ftr-383	180	27	system	system	NOUN
ftr-383	180	28	.	.	PUNCT
ftr-383	181	1	and	and	CCONJ
ftr-383	181	2	,	,	PUNCT
ftr-383	181	3	as	as	ADP
ftr-383	181	4	with	with	ADP
ftr-383	181	5	the	the	DET
ftr-383	181	6	source	source	NOUN
ftr-383	181	7	of	of	ADP
ftr-383	181	8	income	income	NOUN
ftr-383	181	9	rules	rule	NOUN
ftr-383	181	10	,	,	PUNCT
ftr-383	181	11	in	in	ADP
ftr-383	181	12	this	this	DET
ftr-383	181	13	respect	respect	NOUN
ftr-383	181	14	,	,	PUNCT
ftr-383	181	15	a	a	DET
ftr-383	181	16	territorial	territorial	ADJ
ftr-383	181	17	system	system	NOUN
ftr-383	181	18	is	be	AUX
ftr-383	181	19	no	no	PRON
ftr-383	181	20	more	more	ADV
ftr-383	181	21	simple	simple	ADJ
ftr-383	181	22	than	than	ADP
ftr-383	181	23	a	a	DET
ftr-383	181	24	model	model	NOUN
ftr-383	181	25	wwi	wwi	PROPN
ftr-383	181	26	/	/	SYM
ftr-383	181	27	ftc	ftc	PROPN
ftr-383	181	28	system	system	NOUN
ftr-383	181	29	or	or	CCONJ
ftr-383	181	30	,	,	PUNCT
ftr-383	181	31	indeed	indeed	ADV
ftr-383	181	32	,	,	PUNCT
ftr-383	181	33	even	even	ADV
ftr-383	181	34	the	the	DET
ftr-383	181	35	present	present	ADJ
ftr-383	181	36	rules.26	rules.26	PROPN
ftr-383	181	37	c.	c.	PROPN
ftr-383	181	38	outbound	outbound	PROPN
ftr-383	181	39	transfers	transfer	NOUN
ftr-383	181	40	of	of	ADP
ftr-383	181	41	property	property	NOUN
ftr-383	181	42	currently	currently	ADV
ftr-383	181	43	,	,	PUNCT
ftr-383	181	44	irc	irc	PROPN
ftr-383	181	45	section	section	NOUN
ftr-383	181	46	367(a	367(a	NUM
ftr-383	181	47	)	)	PUNCT
ftr-383	181	48	may	may	AUX
ftr-383	181	49	impose	impose	VERB
ftr-383	181	50	a	a	DET
ftr-383	181	51	toll	toll	NOUN
ftr-383	181	52	charge	charge	NOUN
ftr-383	181	53	on	on	ADP
ftr-383	181	54	outbound	outbound	ADJ
ftr-383	181	55	transfers	transfer	NOUN
ftr-383	181	56	of	of	ADP
ftr-383	181	57	property	property	NOUN
ftr-383	181	58	that	that	PRON
ftr-383	181	59	has	have	AUX
ftr-383	181	60	appreciated	appreciate	VERB
ftr-383	181	61	in	in	ADP
ftr-383	181	62	value	value	NOUN
ftr-383	181	63	while	while	SCONJ
ftr-383	181	64	subject	subject	ADJ
ftr-383	181	65	to	to	ADP
ftr-383	181	66	u.s	u.s	PROPN
ftr-383	181	67	.	.	PROPN
ftr-383	181	68	domestic	domestic	ADJ
ftr-383	181	69	taxation	taxation	NOUN
ftr-383	181	70	.	.	PUNCT
ftr-383	182	1	exceptions	exception	NOUN
ftr-383	182	2	to	to	ADP
ftr-383	182	3	this	this	DET
ftr-383	182	4	rule	rule	NOUN
ftr-383	182	5	and	and	CCONJ
ftr-383	182	6	exceptions	exception	NOUN
ftr-383	182	7	to	to	ADP
ftr-383	182	8	the	the	DET
ftr-383	182	9	exceptions	exception	NOUN
ftr-383	182	10	are	be	AUX
ftr-383	182	11	also	also	ADV
ftr-383	182	12	to	to	PART
ftr-383	182	13	be	be	AUX
ftr-383	182	14	found	find	VERB
ftr-383	182	15	.	.	PUNCT
ftr-383	183	1	in	in	ADP
ftr-383	183	2	turn	turn	NOUN
ftr-383	183	3	,	,	PUNCT
ftr-383	183	4	irc	irc	ADP
ftr-383	183	5	section	section	NOUN
ftr-383	183	6	367(b	367(b	PROPN
ftr-383	183	7	)	)	PUNCT
ftr-383	183	8	and	and	CCONJ
ftr-383	183	9	the	the	DET
ftr-383	183	10	regulations	regulation	NOUN
ftr-383	183	11	thereunder	thereunder	NOUN
ftr-383	183	12	provide	provide	VERB
ftr-383	183	13	rules	rule	NOUN
ftr-383	183	14	for	for	ADP
ftr-383	183	15	the	the	DET
ftr-383	183	16	treatment	treatment	NOUN
ftr-383	183	17	of	of	ADP
ftr-383	183	18	certain	certain	ADJ
ftr-383	183	19	inbound	inbound	ADJ
ftr-383	183	20	and	and	CCONJ
ftr-383	183	21	foreign	foreign	ADJ
ftr-383	183	22	-	-	PUNCT
ftr-383	183	23	toforeign	toforeign	ADJ
ftr-383	183	24	transactions	transaction	NOUN
ftr-383	183	25	.	.	PUNCT
ftr-383	184	1	in	in	ADP
ftr-383	184	2	a	a	DET
ftr-383	184	3	model	model	NOUN
ftr-383	184	4	wwi	wwi	PROPN
ftr-383	184	5	/	/	SYM
ftr-383	184	6	ftc	ftc	PROPN
ftr-383	184	7	system	system	NOUN
ftr-383	184	8	,	,	PUNCT
ftr-383	184	9	there	there	PRON
ftr-383	184	10	would	would	AUX
ftr-383	184	11	be	be	AUX
ftr-383	184	12	no	no	DET
ftr-383	184	13	need	need	NOUN
ftr-383	184	14	for	for	ADP
ftr-383	184	15	irc	irc	PROPN
ftr-383	184	16	section	section	NOUN
ftr-383	184	17	367	367	NUM
ftr-383	184	18	.	.	PUNCT
ftr-383	185	1	gain	gain	VERB
ftr-383	185	2	on	on	ADP
ftr-383	185	3	appreciated	appreciated	ADJ
ftr-383	185	4	property	property	NOUN
ftr-383	185	5	transferred	transfer	VERB
ftr-383	185	6	to	to	ADP
ftr-383	185	7	a	a	DET
ftr-383	185	8	cfc	cfc	NOUN
ftr-383	185	9	would	would	AUX
ftr-383	185	10	be	be	AUX
ftr-383	185	11	taxed	tax	VERB
ftr-383	185	12	currently	currently	ADV
ftr-383	185	13	by	by	ADP
ftr-383	185	14	the	the	DET
ftr-383	185	15	u.s	u.s	PROPN
ftr-383	185	16	.	.	PROPN
ftr-383	185	17	whenever	whenever	SCONJ
ftr-383	185	18	realized	realize	VERB
ftr-383	185	19	.	.	PUNCT
ftr-383	186	1	similarly	similarly	ADV
ftr-383	186	2	,	,	PUNCT
ftr-383	186	3	the	the	DET
ftr-383	186	4	concerns	concern	NOUN
ftr-383	186	5	of	of	ADP
ftr-383	186	6	irc	irc	PROPN
ftr-383	186	7	section	section	NOUN
ftr-383	186	8	367(b	367(b	PROPN
ftr-383	186	9	)	)	PUNCT
ftr-383	186	10	would	would	AUX
ftr-383	186	11	appear	appear	VERB
ftr-383	186	12	to	to	PART
ftr-383	186	13	decline	decline	VERB
ftr-383	186	14	significantly	significantly	ADV
ftr-383	186	15	.	.	PUNCT
ftr-383	187	1	under	under	ADP
ftr-383	187	2	a	a	DET
ftr-383	187	3	territorial	territorial	ADJ
ftr-383	187	4	system	system	NOUN
ftr-383	187	5	,	,	PUNCT
ftr-383	187	6	however	however	ADV
ftr-383	187	7	,	,	PUNCT
ftr-383	187	8	irc	irc	PROPN
ftr-383	187	9	section	section	NOUN
ftr-383	187	10	367(a	367(a	NUM
ftr-383	187	11	)	)	PUNCT
ftr-383	187	12	would	would	AUX
ftr-383	187	13	be	be	AUX
ftr-383	187	14	of	of	ADP
ftr-383	187	15	greater	great	ADJ
ftr-383	187	16	importance	importance	NOUN
ftr-383	187	17	than	than	ADP
ftr-383	187	18	under	under	ADP
ftr-383	187	19	current	current	ADJ
ftr-383	187	20	law	law	NOUN
ftr-383	187	21	and	and	CCONJ
ftr-383	187	22	would	would	AUX
ftr-383	187	23	be	be	AUX
ftr-383	187	24	necessary	necessary	ADJ
ftr-383	187	25	to	to	PART
ftr-383	187	26	protect	protect	VERB
ftr-383	187	27	the	the	DET
ftr-383	187	28	u.s	u.s	PROPN
ftr-383	187	29	.	.	PROPN
ftr-383	187	30	tax	tax	NOUN
ftr-383	187	31	base	base	NOUN
ftr-383	187	32	.	.	PUNCT
ftr-383	188	1	currently	currently	ADV
ftr-383	188	2	,	,	PUNCT
ftr-383	188	3	the	the	DET
ftr-383	188	4	irc	irc	NOUN
ftr-383	188	5	section	section	NOUN
ftr-383	188	6	367(a	367(a	NUM
ftr-383	188	7	)	)	PUNCT
ftr-383	188	8	toll	toll	NOUN
ftr-383	188	9	charge	charge	NOUN
ftr-383	188	10	is	be	AUX
ftr-383	188	11	the	the	DET
ftr-383	188	12	price27	price27	NOUN
ftr-383	188	13	paid	pay	VERB
ftr-383	188	14	to	to	PART
ftr-383	188	15	transfer	transfer	VERB
ftr-383	188	16	property	property	NOUN
ftr-383	188	17	into	into	ADP
ftr-383	188	18	a	a	DET
ftr-383	188	19	world	world	NOUN
ftr-383	188	20	of	of	ADP
ftr-383	188	21	deferral	deferral	NOUN
ftr-383	188	22	.	.	PUNCT
ftr-383	189	1	but	but	CCONJ
ftr-383	189	2	under	under	ADP
ftr-383	189	3	a	a	DET
ftr-383	189	4	territorial	territorial	ADJ
ftr-383	189	5	system	system	NOUN
ftr-383	189	6	the	the	DET
ftr-383	189	7	appreciation	appreciation	NOUN
ftr-383	189	8	in	in	ADP
ftr-383	189	9	value	value	NOUN
ftr-383	189	10	would	would	AUX
ftr-383	189	11	be	be	AUX
ftr-383	189	12	completely	completely	ADV
ftr-383	189	13	exempt	exempt	ADJ
ftr-383	189	14	from	from	ADP
ftr-383	189	15	u.s	u.s	PROPN
ftr-383	189	16	.	.	PROPN
ftr-383	189	17	tax	tax	NOUN
ftr-383	189	18	if	if	SCONJ
ftr-383	189	19	the	the	DET
ftr-383	189	20	gain	gain	NOUN
ftr-383	189	21	is	be	AUX
ftr-383	189	22	not	not	PART
ftr-383	189	23	taxed	tax	VERB
ftr-383	189	24	at	at	ADP
ftr-383	189	25	the	the	DET
ftr-383	189	26	time	time	NOUN
ftr-383	189	27	of	of	ADP
ftr-383	189	28	transfer	transfer	NOUN
ftr-383	189	29	.	.	PUNCT
ftr-383	190	1	it	it	PRON
ftr-383	190	2	thus	thus	ADV
ftr-383	190	3	appears	appear	VERB
ftr-383	190	4	that	that	SCONJ
ftr-383	190	5	some	some	PRON
ftr-383	190	6	of	of	ADP
ftr-383	190	7	the	the	DET
ftr-383	190	8	exceptions	exception	NOUN
ftr-383	190	9	in	in	ADP
ftr-383	190	10	irc	irc	PROPN
ftr-383	190	11	section	section	NOUN
ftr-383	190	12	367(a	367(a	NUM
ftr-383	190	13	)	)	PUNCT
ftr-383	190	14	that	that	PRON
ftr-383	190	15	are	be	AUX
ftr-383	190	16	tolerable	tolerable	ADJ
ftr-383	190	17	in	in	ADP
ftr-383	190	18	a	a	DET
ftr-383	190	19	world	world	NOUN
ftr-383	190	20	of	of	ADP
ftr-383	190	21	deferral	deferral	ADJ
ftr-383	190	22	2007	2007	NUM
ftr-383	190	23	territorial	territorial	NOUN
ftr-383	190	24	vs	vs	ADP
ftr-383	190	25	worldwide	worldwide	ADJ
ftr-383	190	26	international	international	ADJ
ftr-383	190	27	tax	tax	NOUN
ftr-383	190	28	systems	system	NOUN
ftr-383	190	29	293	293	NUM
ftr-383	190	30	28	28	NUM
ftr-383	190	31	.	.	PUNCT
ftr-383	191	1	ault	ault	PROPN
ftr-383	191	2	,	,	PUNCT
ftr-383	191	3	supra	supra	PROPN
ftr-383	191	4	note	note	PROPN
ftr-383	191	5	24	24	NUM
ftr-383	191	6	,	,	PUNCT
ftr-383	191	7	at	at	ADP
ftr-383	191	8	728	728	NUM
ftr-383	191	9	,	,	PUNCT
ftr-383	191	10	observes	observe	VERB
ftr-383	191	11	that	that	SCONJ
ftr-383	191	12	the	the	DET
ftr-383	191	13	issues	issue	NOUN
ftr-383	191	14	to	to	PART
ftr-383	191	15	which	which	PRON
ftr-383	191	16	the	the	DET
ftr-383	191	17	current	current	ADJ
ftr-383	191	18	regulations	regulation	NOUN
ftr-383	191	19	under	under	ADP
ftr-383	191	20	irc	irc	PROPN
ftr-383	191	21	§	§	PROPN
ftr-383	191	22	367(b	367(b	PROPN
ftr-383	191	23	)	)	PUNCT
ftr-383	191	24	are	be	AUX
ftr-383	191	25	directed	direct	VERB
ftr-383	191	26	also	also	ADV
ftr-383	191	27	would	would	AUX
ftr-383	191	28	arise	arise	VERB
ftr-383	191	29	in	in	ADP
ftr-383	191	30	an	an	DET
ftr-383	191	31	exemption	exemption	NOUN
ftr-383	191	32	system	system	NOUN
ftr-383	191	33	.	.	PUNCT
ftr-383	192	1	29	29	NUM
ftr-383	192	2	.	.	PUNCT
ftr-383	193	1	in	in	ADP
ftr-383	193	2	accord	accord	NOUN
ftr-383	193	3	are	be	AUX
ftr-383	193	4	ault	ault	PROPN
ftr-383	193	5	,	,	PUNCT
ftr-383	193	6	supra	supra	PROPN
ftr-383	193	7	note	note	PROPN
ftr-383	193	8	24	24	NUM
ftr-383	193	9	,	,	PUNCT
ftr-383	193	10	at	at	ADP
ftr-383	193	11	728	728	NUM
ftr-383	193	12	;	;	PUNCT
ftr-383	193	13	panel	panel	NOUN
ftr-383	193	14	report	report	NOUN
ftr-383	193	15	,	,	PUNCT
ftr-383	193	16	supra	supra	PROPN
ftr-383	193	17	note	note	NOUN
ftr-383	193	18	1	1	NUM
ftr-383	193	19	,	,	PUNCT
ftr-383	193	20	at	at	ADP
ftr-383	193	21	134	134	NUM
ftr-383	193	22	,	,	PUNCT
ftr-383	193	23	240	240	NUM
ftr-383	193	24	;	;	PUNCT
ftr-383	193	25	jct	jct	ADJ
ftr-383	193	26	staff	staff	NOUN
ftr-383	193	27	competitiveness	competitiveness	NOUN
ftr-383	193	28	report	report	NOUN
ftr-383	193	29	,	,	PUNCT
ftr-383	193	30	supra	supra	PROPN
ftr-383	193	31	note	note	NOUN
ftr-383	193	32	3	3	NUM
ftr-383	193	33	,	,	PUNCT
ftr-383	193	34	at	at	ADP
ftr-383	193	35	30	30	NUM
ftr-383	193	36	;	;	PUNCT
ftr-383	193	37	merrill	merrill	PROPN
ftr-383	193	38	et	et	PROPN
ftr-383	193	39	al	al	PROPN
ftr-383	193	40	.	.	PROPN
ftr-383	193	41	,	,	PUNCT
ftr-383	193	42	supra	supra	PROPN
ftr-383	193	43	note	note	NOUN
ftr-383	193	44	3	3	NUM
ftr-383	193	45	,	,	PUNCT
ftr-383	193	46	at	at	ADP
ftr-383	193	47	905	905	NUM
ftr-383	193	48	;	;	PUNCT
ftr-383	193	49	graetz	graetz	PROPN
ftr-383	193	50	&	&	CCONJ
ftr-383	193	51	oosterhuis	oosterhuis	PROPN
ftr-383	193	52	,	,	PUNCT
ftr-383	193	53	supra	supra	ADJ
ftr-383	193	54	note	note	NOUN
ftr-383	193	55	2	2	NUM
ftr-383	193	56	,	,	PUNCT
ftr-383	193	57	at	at	ADP
ftr-383	193	58	782	782	NUM
ftr-383	193	59	.	.	PUNCT
ftr-383	194	1	would	would	AUX
ftr-383	194	2	not	not	PART
ftr-383	194	3	be	be	AUX
ftr-383	194	4	acceptable	acceptable	ADJ
ftr-383	194	5	in	in	ADP
ftr-383	194	6	a	a	DET
ftr-383	194	7	world	world	NOUN
ftr-383	194	8	of	of	ADP
ftr-383	194	9	exemption	exemption	NOUN
ftr-383	194	10	.	.	PUNCT
ftr-383	195	1	the	the	DET
ftr-383	195	2	irc	irc	PROPN
ftr-383	195	3	section	section	NOUN
ftr-383	195	4	367(b	367(b	PROPN
ftr-383	195	5	)	)	PUNCT
ftr-383	195	6	rules	rule	NOUN
ftr-383	195	7	would	would	AUX
ftr-383	195	8	need	need	VERB
ftr-383	195	9	to	to	PART
ftr-383	195	10	be	be	AUX
ftr-383	195	11	examined	examine	VERB
ftr-383	195	12	in	in	ADP
ftr-383	195	13	a	a	DET
ftr-383	195	14	shift	shift	NOUN
ftr-383	195	15	to	to	ADP
ftr-383	195	16	a	a	DET
ftr-383	195	17	territorial	territorial	ADJ
ftr-383	195	18	system	system	NOUN
ftr-383	195	19	to	to	PART
ftr-383	195	20	see	see	VERB
ftr-383	195	21	if	if	SCONJ
ftr-383	195	22	it	it	PRON
ftr-383	195	23	would	would	AUX
ftr-383	195	24	still	still	ADV
ftr-383	195	25	be	be	AUX
ftr-383	195	26	necessary	necessary	ADJ
ftr-383	195	27	to	to	PART
ftr-383	195	28	deal	deal	VERB
ftr-383	195	29	with	with	ADP
ftr-383	195	30	some	some	PRON
ftr-383	195	31	of	of	ADP
ftr-383	195	32	the	the	DET
ftr-383	195	33	inbound	inbound	ADJ
ftr-383	195	34	situations.28	situations.28	NOUN
ftr-383	195	35	in	in	ADP
ftr-383	195	36	this	this	DET
ftr-383	195	37	set	set	NOUN
ftr-383	195	38	of	of	ADP
ftr-383	195	39	rules	rule	NOUN
ftr-383	195	40	,	,	PUNCT
ftr-383	195	41	a	a	DET
ftr-383	195	42	territorial	territorial	ADJ
ftr-383	195	43	system	system	NOUN
ftr-383	195	44	produces	produce	VERB
ftr-383	195	45	more	more	ADJ
ftr-383	195	46	,	,	PUNCT
ftr-383	195	47	not	not	PART
ftr-383	195	48	less	less	ADJ
ftr-383	195	49	,	,	PUNCT
ftr-383	195	50	complexity	complexity	NOUN
ftr-383	195	51	than	than	SCONJ
ftr-383	195	52	does	do	VERB
ftr-383	195	53	a	a	DET
ftr-383	195	54	wwi	wwi	PROPN
ftr-383	195	55	/	/	SYM
ftr-383	195	56	ftc	ftc	PROPN
ftr-383	195	57	system	system	NOUN
ftr-383	195	58	.	.	PUNCT
ftr-383	196	1	d.	d.	NOUN
ftr-383	196	2	transfer	transfer	NOUN
ftr-383	196	3	pricing	pricing	NOUN
ftr-383	196	4	transfer	transfer	NOUN
ftr-383	196	5	pricing	pricing	NOUN
ftr-383	196	6	rules	rule	NOUN
ftr-383	196	7	play	play	VERB
ftr-383	196	8	two	two	NUM
ftr-383	196	9	important	important	ADJ
ftr-383	196	10	roles	role	NOUN
ftr-383	196	11	.	.	PUNCT
ftr-383	197	1	first	first	ADV
ftr-383	197	2	,	,	PUNCT
ftr-383	197	3	they	they	PRON
ftr-383	197	4	seek	seek	VERB
ftr-383	197	5	to	to	PART
ftr-383	197	6	assure	assure	VERB
ftr-383	197	7	that	that	SCONJ
ftr-383	197	8	each	each	DET
ftr-383	197	9	entity	entity	NOUN
ftr-383	197	10	in	in	ADP
ftr-383	197	11	a	a	DET
ftr-383	197	12	controlled	control	VERB
ftr-383	197	13	group	group	NOUN
ftr-383	197	14	is	be	AUX
ftr-383	197	15	assigned	assign	VERB
ftr-383	197	16	the	the	DET
ftr-383	197	17	income	income	NOUN
ftr-383	197	18	that	that	PRON
ftr-383	197	19	is	be	AUX
ftr-383	197	20	appropriate	appropriate	ADJ
ftr-383	197	21	to	to	ADP
ftr-383	197	22	its	its	PRON
ftr-383	197	23	role	role	NOUN
ftr-383	197	24	in	in	ADP
ftr-383	197	25	cross	cross	ADJ
ftr-383	197	26	-	-	ADJ
ftr-383	197	27	border	border	ADJ
ftr-383	197	28	transactions	transaction	NOUN
ftr-383	197	29	.	.	PUNCT
ftr-383	198	1	second	second	ADJ
ftr-383	198	2	,	,	PUNCT
ftr-383	198	3	transfer	transfer	NOUN
ftr-383	198	4	pricing	pricing	NOUN
ftr-383	198	5	rules	rule	NOUN
ftr-383	198	6	operate	operate	VERB
ftr-383	198	7	to	to	PART
ftr-383	198	8	allocate	allocate	VERB
ftr-383	198	9	revenues	revenue	NOUN
ftr-383	198	10	between	between	ADP
ftr-383	198	11	the	the	DET
ftr-383	198	12	governments	government	NOUN
ftr-383	198	13	of	of	ADP
ftr-383	198	14	the	the	DET
ftr-383	198	15	countries	country	NOUN
ftr-383	198	16	that	that	PRON
ftr-383	198	17	are	be	AUX
ftr-383	198	18	involved	involve	VERB
ftr-383	198	19	in	in	ADP
ftr-383	198	20	particular	particular	ADJ
ftr-383	198	21	cross	cross	ADJ
ftr-383	198	22	-	-	ADJ
ftr-383	198	23	border	border	ADJ
ftr-383	198	24	transactions	transaction	NOUN
ftr-383	198	25	.	.	PUNCT
ftr-383	199	1	as	as	SCONJ
ftr-383	199	2	the	the	DET
ftr-383	199	3	panel	panel	NOUN
ftr-383	199	4	report	report	NOUN
ftr-383	199	5	recognized	recognize	VERB
ftr-383	199	6	,	,	PUNCT
ftr-383	199	7	a	a	DET
ftr-383	199	8	territorial	territorial	ADJ
ftr-383	199	9	system	system	NOUN
ftr-383	199	10	would	would	AUX
ftr-383	199	11	place	place	VERB
ftr-383	199	12	greater	great	ADJ
ftr-383	199	13	pressure	pressure	NOUN
ftr-383	199	14	on	on	ADP
ftr-383	199	15	transfer	transfer	NOUN
ftr-383	199	16	pricing	pricing	NOUN
ftr-383	199	17	rules	rule	NOUN
ftr-383	199	18	than	than	SCONJ
ftr-383	199	19	is	be	AUX
ftr-383	199	20	true	true	ADJ
ftr-383	199	21	under	under	ADP
ftr-383	199	22	present	present	ADJ
ftr-383	199	23	law.29	law.29	NOUN
ftr-383	199	24	again	again	ADV
ftr-383	199	25	,	,	PUNCT
ftr-383	199	26	the	the	DET
ftr-383	199	27	reason	reason	NOUN
ftr-383	199	28	is	be	AUX
ftr-383	199	29	that	that	DET
ftr-383	199	30	profit	profit	NOUN
ftr-383	199	31	that	that	PRON
ftr-383	199	32	can	can	AUX
ftr-383	199	33	be	be	AUX
ftr-383	199	34	isolated	isolate	VERB
ftr-383	199	35	in	in	ADP
ftr-383	199	36	a	a	DET
ftr-383	199	37	lowor	lowor	ADJ
ftr-383	199	38	no	no	DET
ftr-383	199	39	-	-	PUNCT
ftr-383	199	40	tax	tax	NOUN
ftr-383	199	41	country	country	NOUN
ftr-383	199	42	is	be	AUX
ftr-383	199	43	totally	totally	ADV
ftr-383	199	44	exempt	exempt	ADJ
ftr-383	199	45	from	from	ADP
ftr-383	199	46	u.s	u.s	PROPN
ftr-383	199	47	.	.	PROPN
ftr-383	199	48	tax	tax	NOUN
ftr-383	199	49	;	;	PUNCT
ftr-383	199	50	in	in	ADP
ftr-383	199	51	today	today	NOUN
ftr-383	199	52	’s	’s	PART
ftr-383	199	53	world	world	NOUN
ftr-383	199	54	,	,	PUNCT
ftr-383	199	55	deferral	deferral	NOUN
ftr-383	199	56	of	of	ADP
ftr-383	199	57	u.s	u.s	PROPN
ftr-383	199	58	.	.	PROPN
ftr-383	199	59	tax	tax	NOUN
ftr-383	199	60	is	be	AUX
ftr-383	199	61	at	at	ADP
ftr-383	199	62	stake	stake	NOUN
ftr-383	199	63	.	.	PUNCT
ftr-383	200	1	the	the	DET
ftr-383	200	2	panel	panel	NOUN
ftr-383	200	3	also	also	ADV
ftr-383	200	4	noted	note	VERB
ftr-383	200	5	that	that	SCONJ
ftr-383	200	6	in	in	ADP
ftr-383	200	7	fact	fact	NOUN
ftr-383	200	8	a	a	DET
ftr-383	200	9	territorial	territorial	ADJ
ftr-383	200	10	system	system	NOUN
ftr-383	200	11	would	would	AUX
ftr-383	200	12	require	require	VERB
ftr-383	200	13	a	a	DET
ftr-383	200	14	much	much	ADV
ftr-383	200	15	higher	high	ADJ
ftr-383	200	16	degree	degree	NOUN
ftr-383	200	17	of	of	ADP
ftr-383	200	18	enforcement	enforcement	NOUN
ftr-383	200	19	of	of	ADP
ftr-383	200	20	transfer	transfer	NOUN
ftr-383	200	21	pricing	pricing	NOUN
ftr-383	200	22	than	than	SCONJ
ftr-383	200	23	is	be	AUX
ftr-383	200	24	currently	currently	ADV
ftr-383	200	25	the	the	DET
ftr-383	200	26	case	case	NOUN
ftr-383	200	27	.	.	PUNCT
ftr-383	201	1	by	by	ADP
ftr-383	201	2	contrast	contrast	NOUN
ftr-383	201	3	,	,	PUNCT
ftr-383	201	4	i	i	PRON
ftr-383	201	5	argue	argue	VERB
ftr-383	201	6	that	that	SCONJ
ftr-383	201	7	a	a	DET
ftr-383	201	8	wwi	wwi	PROPN
ftr-383	201	9	/	/	SYM
ftr-383	201	10	ftc	ftc	PROPN
ftr-383	201	11	system	system	NOUN
ftr-383	201	12	could	could	AUX
ftr-383	201	13	actually	actually	ADV
ftr-383	201	14	reduce	reduce	VERB
ftr-383	201	15	the	the	DET
ftr-383	201	16	pressure	pressure	NOUN
ftr-383	201	17	on	on	ADP
ftr-383	201	18	transfer	transfer	NOUN
ftr-383	201	19	pricing	pricing	NOUN
ftr-383	201	20	rules	rule	NOUN
ftr-383	201	21	.	.	PUNCT
ftr-383	202	1	in	in	ADP
ftr-383	202	2	general	general	ADJ
ftr-383	202	3	,	,	PUNCT
ftr-383	202	4	there	there	PRON
ftr-383	202	5	would	would	AUX
ftr-383	202	6	be	be	AUX
ftr-383	202	7	no	no	DET
ftr-383	202	8	benefit	benefit	NOUN
ftr-383	202	9	from	from	ADP
ftr-383	202	10	isolating	isolate	VERB
ftr-383	202	11	profit	profit	NOUN
ftr-383	202	12	in	in	ADP
ftr-383	202	13	the	the	DET
ftr-383	202	14	cayman	cayman	PROPN
ftr-383	202	15	islands	island	NOUN
ftr-383	202	16	since	since	SCONJ
ftr-383	202	17	the	the	DET
ftr-383	202	18	u.s	u.s	PROPN
ftr-383	202	19	.	.	PROPN
ftr-383	202	20	would	would	AUX
ftr-383	202	21	tax	tax	VERB
ftr-383	202	22	that	that	DET
ftr-383	202	23	profit	profit	NOUN
ftr-383	202	24	currently	currently	ADV
ftr-383	202	25	and	and	CCONJ
ftr-383	202	26	would	would	AUX
ftr-383	202	27	have	have	VERB
ftr-383	202	28	to	to	PART
ftr-383	202	29	give	give	VERB
ftr-383	202	30	little	little	ADJ
ftr-383	202	31	or	or	CCONJ
ftr-383	202	32	no	no	PRON
ftr-383	202	33	ftc	ftc	PROPN
ftr-383	202	34	.	.	PUNCT
ftr-383	203	1	the	the	DET
ftr-383	203	2	argument	argument	NOUN
ftr-383	203	3	needs	need	VERB
ftr-383	203	4	to	to	PART
ftr-383	203	5	be	be	AUX
ftr-383	203	6	modified	modify	VERB
ftr-383	203	7	if	if	SCONJ
ftr-383	203	8	a	a	DET
ftr-383	203	9	per	per	ADP
ftr-383	203	10	-	-	PUNCT
ftr-383	203	11	country	country	NOUN
ftr-383	203	12	limitation	limitation	NOUN
ftr-383	203	13	is	be	AUX
ftr-383	203	14	adopted	adopt	VERB
ftr-383	203	15	.	.	PUNCT
ftr-383	204	1	there	there	PRON
ftr-383	204	2	would	would	AUX
ftr-383	204	3	be	be	AUX
ftr-383	204	4	an	an	DET
ftr-383	204	5	incentive	incentive	NOUN
ftr-383	204	6	,	,	PUNCT
ftr-383	204	7	for	for	ADP
ftr-383	204	8	example	example	NOUN
ftr-383	204	9	,	,	PUNCT
ftr-383	204	10	to	to	PART
ftr-383	204	11	shift	shift	VERB
ftr-383	204	12	profits	profit	NOUN
ftr-383	204	13	from	from	ADP
ftr-383	204	14	a	a	DET
ftr-383	204	15	high	high	ADJ
ftr-383	204	16	-	-	PUNCT
ftr-383	204	17	tax	tax	NOUN
ftr-383	204	18	country	country	NOUN
ftr-383	204	19	in	in	ADP
ftr-383	204	20	which	which	PRON
ftr-383	204	21	the	the	DET
ftr-383	204	22	taxpayer	taxpayer	NOUN
ftr-383	204	23	is	be	AUX
ftr-383	204	24	in	in	ADP
ftr-383	204	25	an	an	DET
ftr-383	204	26	excess	excess	ADJ
ftr-383	204	27	credit	credit	NOUN
ftr-383	204	28	position	position	NOUN
ftr-383	204	29	to	to	ADP
ftr-383	204	30	a	a	DET
ftr-383	204	31	low	low	ADJ
ftr-383	204	32	-	-	PUNCT
ftr-383	204	33	tax	tax	NOUN
ftr-383	204	34	country	country	NOUN
ftr-383	204	35	in	in	ADP
ftr-383	204	36	which	which	PRON
ftr-383	204	37	the	the	DET
ftr-383	204	38	taxpayer	taxpayer	NOUN
ftr-383	204	39	is	be	AUX
ftr-383	204	40	in	in	ADP
ftr-383	204	41	an	an	DET
ftr-383	204	42	excess	excess	ADJ
ftr-383	204	43	limit	limit	NOUN
ftr-383	204	44	position	position	NOUN
ftr-383	204	45	.	.	PUNCT
ftr-383	205	1	this	this	DET
ftr-383	205	2	result	result	NOUN
ftr-383	205	3	could	could	AUX
ftr-383	205	4	be	be	AUX
ftr-383	205	5	most	most	ADV
ftr-383	205	6	easily	easily	ADV
ftr-383	205	7	accomplished	accomplish	VERB
ftr-383	205	8	by	by	ADP
ftr-383	205	9	making	make	VERB
ftr-383	205	10	interest	interest	NOUN
ftr-383	205	11	or	or	CCONJ
ftr-383	205	12	royalty	royalty	NOUN
ftr-383	205	13	payments	payment	NOUN
ftr-383	205	14	that	that	PRON
ftr-383	205	15	are	be	AUX
ftr-383	205	16	deductible	deductible	ADJ
ftr-383	205	17	in	in	ADP
ftr-383	205	18	the	the	DET
ftr-383	205	19	payer	payer	NOUN
ftr-383	205	20	’s	’s	PART
ftr-383	205	21	country	country	NOUN
ftr-383	205	22	.	.	PUNCT
ftr-383	206	1	of	of	ADP
ftr-383	206	2	course	course	NOUN
ftr-383	206	3	,	,	PUNCT
ftr-383	206	4	the	the	DET
ftr-383	206	5	high	high	ADJ
ftr-383	206	6	-	-	PUNCT
ftr-383	206	7	tax	tax	NOUN
ftr-383	206	8	country	country	NOUN
ftr-383	206	9	would	would	AUX
ftr-383	206	10	have	have	VERB
ftr-383	206	11	an	an	DET
ftr-383	206	12	interest	interest	NOUN
ftr-383	206	13	in	in	ADP
ftr-383	206	14	applying	apply	VERB
ftr-383	206	15	its	its	PRON
ftr-383	206	16	own	own	ADJ
ftr-383	206	17	transfer	transfer	NOUN
ftr-383	206	18	pricing	pricing	NOUN
ftr-383	206	19	rules	rule	NOUN
ftr-383	206	20	to	to	ADP
ftr-383	206	21	such	such	ADJ
ftr-383	206	22	transactions	transaction	NOUN
ftr-383	206	23	.	.	PUNCT
ftr-383	207	1	effective	effective	ADJ
ftr-383	207	2	exchange	exchange	NOUN
ftr-383	207	3	of	of	ADP
ftr-383	207	4	information	information	NOUN
ftr-383	207	5	procedures	procedure	NOUN
ftr-383	207	6	would	would	AUX
ftr-383	207	7	help	help	VERB
ftr-383	207	8	protect	protect	VERB
ftr-383	207	9	the	the	DET
ftr-383	207	10	tax	tax	NOUN
ftr-383	207	11	bases	basis	NOUN
ftr-383	207	12	of	of	ADP
ftr-383	207	13	both	both	DET
ftr-383	207	14	the	the	DET
ftr-383	207	15	u.s	u.s	PROPN
ftr-383	207	16	.	.	PROPN
ftr-383	207	17	and	and	CCONJ
ftr-383	207	18	the	the	DET
ftr-383	207	19	high	high	ADJ
ftr-383	207	20	-	-	PUNCT
ftr-383	207	21	tax	tax	NOUN
ftr-383	207	22	country	country	NOUN
ftr-383	207	23	.	.	PUNCT
ftr-383	208	1	294	294	NUM
ftr-383	208	2	florida	florida	PROPN
ftr-383	208	3	tax	tax	NOUN
ftr-383	208	4	review	review	NOUN
ftr-383	208	5	[	[	X
ftr-383	208	6	vol	vol	NOUN
ftr-383	208	7	.	.	PUNCT
ftr-383	208	8	8:3	8:3	NUM
ftr-383	208	9	30	30	NUM
ftr-383	208	10	.	.	PUNCT
ftr-383	209	1	see	see	VERB
ftr-383	209	2	ault	ault	PROPN
ftr-383	209	3	,	,	PUNCT
ftr-383	209	4	supra	supra	PROPN
ftr-383	209	5	note	note	PROPN
ftr-383	209	6	24	24	NUM
ftr-383	209	7	,	,	PUNCT
ftr-383	209	8	at	at	ADP
ftr-383	209	9	727	727	NUM
ftr-383	209	10	-	-	SYM
ftr-383	209	11	28	28	NUM
ftr-383	209	12	.	.	PUNCT
ftr-383	210	1	31	31	NUM
ftr-383	210	2	.	.	PUNCT
ftr-383	211	1	astonishingly	astonishingly	ADV
ftr-383	211	2	,	,	PUNCT
ftr-383	211	3	the	the	DET
ftr-383	211	4	panel	panel	NOUN
ftr-383	211	5	report	report	NOUN
ftr-383	211	6	contained	contain	VERB
ftr-383	211	7	no	no	DET
ftr-383	211	8	mention	mention	NOUN
ftr-383	211	9	of	of	ADP
ftr-383	211	10	the	the	DET
ftr-383	211	11	tax	tax	NOUN
ftr-383	211	12	haven	haven	NOUN
ftr-383	211	13	problem	problem	NOUN
ftr-383	211	14	.	.	PUNCT
ftr-383	212	1	presumably	presumably	ADV
ftr-383	212	2	,	,	PUNCT
ftr-383	212	3	under	under	ADP
ftr-383	212	4	the	the	DET
ftr-383	212	5	panel	panel	NOUN
ftr-383	212	6	approach	approach	NOUN
ftr-383	212	7	even	even	ADV
ftr-383	212	8	if	if	SCONJ
ftr-383	212	9	foreign	foreign	ADJ
ftr-383	212	10	business	business	NOUN
ftr-383	212	11	income	income	NOUN
ftr-383	212	12	incurred	incur	VERB
ftr-383	212	13	no	no	DET
ftr-383	212	14	tax	tax	NOUN
ftr-383	212	15	at	at	ADP
ftr-383	212	16	source	source	NOUN
ftr-383	212	17	,	,	PUNCT
ftr-383	212	18	the	the	DET
ftr-383	212	19	income	income	NOUN
ftr-383	212	20	would	would	AUX
ftr-383	212	21	still	still	ADV
ftr-383	212	22	be	be	AUX
ftr-383	212	23	exempt	exempt	ADJ
ftr-383	212	24	from	from	ADP
ftr-383	212	25	u.s	u.s	PROPN
ftr-383	212	26	.	.	PROPN
ftr-383	212	27	tax	tax	NOUN
ftr-383	212	28	.	.	PUNCT
ftr-383	213	1	32	32	NUM
ftr-383	213	2	.	.	PUNCT
ftr-383	214	1	irc	irc	PROPN
ftr-383	214	2	§	§	PROPN
ftr-383	214	3	904(d)(3	904(d)(3	NUM
ftr-383	214	4	)	)	PUNCT
ftr-383	214	5	,	,	PUNCT
ftr-383	214	6	(	(	PUNCT
ftr-383	214	7	4	4	NUM
ftr-383	214	8	)	)	PUNCT
ftr-383	214	9	.	.	PUNCT
ftr-383	215	1	e.	e.	PROPN
ftr-383	215	2	tax	tax	PROPN
ftr-383	215	3	havens	haven	NOUN
ftr-383	215	4	the	the	DET
ftr-383	215	5	u.s	u.s	PROPN
ftr-383	215	6	.	.	PROPN
ftr-383	215	7	seeks	seek	VERB
ftr-383	215	8	to	to	PART
ftr-383	215	9	protect	protect	VERB
ftr-383	215	10	its	its	PRON
ftr-383	215	11	tax	tax	NOUN
ftr-383	215	12	base	base	NOUN
ftr-383	215	13	through	through	ADP
ftr-383	215	14	the	the	DET
ftr-383	215	15	application	application	NOUN
ftr-383	215	16	of	of	ADP
ftr-383	215	17	its	its	PRON
ftr-383	215	18	transfer	transfer	NOUN
ftr-383	215	19	pricing	pricing	NOUN
ftr-383	215	20	rules	rule	NOUN
ftr-383	215	21	and	and	CCONJ
ftr-383	215	22	the	the	DET
ftr-383	215	23	rules	rule	NOUN
ftr-383	215	24	of	of	ADP
ftr-383	215	25	subpart	subpart	ADJ
ftr-383	215	26	f	f	PROPN
ftr-383	215	27	(	(	PUNCT
ftr-383	215	28	requiring	require	VERB
ftr-383	215	29	current	current	ADJ
ftr-383	215	30	taxation	taxation	NOUN
ftr-383	215	31	of	of	ADP
ftr-383	215	32	specified	specified	ADJ
ftr-383	215	33	base	base	NOUN
ftr-383	215	34	company	company	NOUN
ftr-383	215	35	income	income	NOUN
ftr-383	215	36	and	and	CCONJ
ftr-383	215	37	passive	passive	ADJ
ftr-383	215	38	investment	investment	NOUN
ftr-383	215	39	income	income	NOUN
ftr-383	215	40	)	)	PUNCT
ftr-383	215	41	.	.	PUNCT
ftr-383	216	1	countries	country	NOUN
ftr-383	216	2	with	with	ADP
ftr-383	216	3	exemption	exemption	NOUN
ftr-383	216	4	systems	system	NOUN
ftr-383	216	5	have	have	AUX
ftr-383	216	6	found	find	VERB
ftr-383	216	7	that	that	SCONJ
ftr-383	216	8	some	some	DET
ftr-383	216	9	rule	rule	NOUN
ftr-383	216	10	is	be	AUX
ftr-383	216	11	necessary	necessary	ADJ
ftr-383	216	12	to	to	PART
ftr-383	216	13	deal	deal	VERB
ftr-383	216	14	with	with	ADP
ftr-383	216	15	efforts	effort	NOUN
ftr-383	216	16	by	by	ADP
ftr-383	216	17	their	their	PRON
ftr-383	216	18	taxpayers	taxpayer	NOUN
ftr-383	216	19	to	to	PART
ftr-383	216	20	isolate	isolate	VERB
ftr-383	216	21	income	income	NOUN
ftr-383	216	22	in	in	ADP
ftr-383	216	23	lowor	lowor	PROPN
ftr-383	216	24	no	no	PROPN
ftr-383	216	25	-	-	PUNCT
ftr-383	216	26	tax	tax	NOUN
ftr-383	216	27	countries	country	NOUN
ftr-383	216	28	.	.	PUNCT
ftr-383	217	1	some	some	DET
ftr-383	217	2	countries	country	NOUN
ftr-383	217	3	require	require	VERB
ftr-383	217	4	that	that	SCONJ
ftr-383	217	5	the	the	DET
ftr-383	217	6	source	source	NOUN
ftr-383	217	7	country	country	NOUN
ftr-383	217	8	impose	impose	VERB
ftr-383	217	9	a	a	DET
ftr-383	217	10	specified	specified	ADJ
ftr-383	217	11	minimum	minimum	ADJ
ftr-383	217	12	rate	rate	NOUN
ftr-383	217	13	of	of	ADP
ftr-383	217	14	tax	tax	NOUN
ftr-383	217	15	,	,	PUNCT
ftr-383	217	16	others	other	NOUN
ftr-383	217	17	that	that	SCONJ
ftr-383	217	18	the	the	DET
ftr-383	217	19	income	income	NOUN
ftr-383	217	20	be	be	VERB
ftr-383	217	21	subject	subject	ADJ
ftr-383	217	22	to	to	ADP
ftr-383	217	23	tax	tax	NOUN
ftr-383	217	24	,	,	PUNCT
ftr-383	217	25	and	and	CCONJ
ftr-383	217	26	still	still	ADV
ftr-383	217	27	others	other	NOUN
ftr-383	217	28	maintain	maintain	VERB
ftr-383	217	29	lists	list	NOUN
ftr-383	217	30	of	of	ADP
ftr-383	217	31	“	"	PUNCT
ftr-383	217	32	good	good	ADJ
ftr-383	217	33	”	"	PUNCT
ftr-383	217	34	countries	country	NOUN
ftr-383	217	35	,	,	PUNCT
ftr-383	217	36	the	the	DET
ftr-383	217	37	income	income	NOUN
ftr-383	217	38	earned	earn	VERB
ftr-383	217	39	in	in	ADP
ftr-383	217	40	which	which	PRON
ftr-383	217	41	would	would	AUX
ftr-383	217	42	qualify	qualify	VERB
ftr-383	217	43	for	for	ADP
ftr-383	217	44	exemption	exemption	NOUN
ftr-383	217	45	.	.	PUNCT
ftr-383	218	1	the	the	DET
ftr-383	218	2	point	point	NOUN
ftr-383	218	3	is	be	AUX
ftr-383	218	4	that	that	SCONJ
ftr-383	218	5	shifting	shift	VERB
ftr-383	218	6	to	to	ADP
ftr-383	218	7	an	an	DET
ftr-383	218	8	exemption	exemption	NOUN
ftr-383	218	9	system	system	NOUN
ftr-383	218	10	does	do	AUX
ftr-383	218	11	not	not	PART
ftr-383	218	12	eliminate	eliminate	VERB
ftr-383	218	13	the	the	DET
ftr-383	218	14	need	need	NOUN
ftr-383	218	15	for	for	ADP
ftr-383	218	16	subpart	subpart	ADJ
ftr-383	218	17	f	f	NOUN
ftr-383	218	18	-	-	PUNCT
ftr-383	218	19	type	type	NOUN
ftr-383	218	20	rules	rule	NOUN
ftr-383	218	21	.	.	PUNCT
ftr-383	219	1	as	as	ADP
ftr-383	219	2	a	a	DET
ftr-383	219	3	result	result	NOUN
ftr-383	219	4	,	,	PUNCT
ftr-383	219	5	no30	no30	ADJ
ftr-383	219	6	simplification	simplification	NOUN
ftr-383	219	7	gains	gain	NOUN
ftr-383	219	8	from	from	ADP
ftr-383	219	9	such	such	DET
ftr-383	219	10	a	a	DET
ftr-383	219	11	change	change	NOUN
ftr-383	219	12	should	should	AUX
ftr-383	219	13	be	be	AUX
ftr-383	219	14	expected	expect	VERB
ftr-383	219	15	as	as	ADP
ftr-383	219	16	compared	compare	VERB
ftr-383	219	17	to	to	ADP
ftr-383	219	18	the	the	DET
ftr-383	219	19	present	present	ADJ
ftr-383	219	20	u.s	u.s	PROPN
ftr-383	219	21	.	.	PROPN
ftr-383	219	22	approach	approach	NOUN
ftr-383	219	23	.	.	PUNCT
ftr-383	220	1	on	on	ADP
ftr-383	220	2	the	the	DET
ftr-383	220	3	other	other	ADJ
ftr-383	220	4	hand	hand	NOUN
ftr-383	220	5	,	,	PUNCT
ftr-383	220	6	such	such	ADJ
ftr-383	220	7	regimes	regime	NOUN
ftr-383	220	8	are	be	AUX
ftr-383	220	9	unnecessary	unnecessary	ADJ
ftr-383	220	10	in	in	ADP
ftr-383	220	11	a	a	DET
ftr-383	220	12	wwi	wwi	PROPN
ftr-383	220	13	/	/	SYM
ftr-383	220	14	ftc	ftc	PROPN
ftr-383	220	15	system	system	NOUN
ftr-383	220	16	.	.	PUNCT
ftr-383	221	1	all	all	DET
ftr-383	221	2	foreign	foreign	ADJ
ftr-383	221	3	income	income	NOUN
ftr-383	221	4	would	would	AUX
ftr-383	221	5	be	be	AUX
ftr-383	221	6	taxed	tax	VERB
ftr-383	221	7	currently	currently	ADV
ftr-383	221	8	by	by	ADP
ftr-383	221	9	the	the	DET
ftr-383	221	10	u.s	u.s	PROPN
ftr-383	221	11	.	.	PROPN
ftr-383	222	1	even	even	ADV
ftr-383	222	2	if	if	SCONJ
ftr-383	222	3	earned	earn	VERB
ftr-383	222	4	in	in	ADP
ftr-383	222	5	a	a	DET
ftr-383	222	6	lowor	lowor	ADJ
ftr-383	222	7	no	no	DET
ftr-383	222	8	-	-	PUNCT
ftr-383	222	9	tax	tax	NOUN
ftr-383	222	10	country	country	NOUN
ftr-383	222	11	.	.	PUNCT
ftr-383	223	1	thus	thus	ADV
ftr-383	223	2	,	,	PUNCT
ftr-383	223	3	purely	purely	ADV
ftr-383	223	4	on	on	ADP
ftr-383	223	5	simplification	simplification	NOUN
ftr-383	223	6	grounds	ground	NOUN
ftr-383	223	7	,	,	PUNCT
ftr-383	223	8	in	in	ADP
ftr-383	223	9	this	this	DET
ftr-383	223	10	area	area	NOUN
ftr-383	223	11	the	the	DET
ftr-383	223	12	model	model	PROPN
ftr-383	223	13	wwi	wwi	PROPN
ftr-383	223	14	/	/	SYM
ftr-383	223	15	ftc	ftc	PROPN
ftr-383	223	16	system	system	NOUN
ftr-383	223	17	has	have	VERB
ftr-383	223	18	the	the	DET
ftr-383	223	19	edge	edge	NOUN
ftr-383	223	20	over	over	ADP
ftr-383	223	21	a	a	DET
ftr-383	223	22	territorial	territorial	ADJ
ftr-383	223	23	system.31	system.31	NOUN
ftr-383	223	24	f.	f.	PROPN
ftr-383	223	25	look	look	VERB
ftr-383	223	26	-	-	PUNCT
ftr-383	223	27	thru	thru	NOUN
ftr-383	223	28	rules	rule	NOUN
ftr-383	223	29	for	for	ADP
ftr-383	223	30	purposes	purpose	NOUN
ftr-383	223	31	of	of	ADP
ftr-383	223	32	applying	apply	VERB
ftr-383	223	33	the	the	DET
ftr-383	223	34	indirect	indirect	ADJ
ftr-383	223	35	ftc	ftc	PROPN
ftr-383	223	36	under	under	ADP
ftr-383	223	37	irc	irc	PROPN
ftr-383	223	38	section	section	NOUN
ftr-383	223	39	902	902	NUM
ftr-383	223	40	,	,	PUNCT
ftr-383	223	41	the	the	DET
ftr-383	223	42	u.s	u.s	PROPN
ftr-383	223	43	.	.	PROPN
ftr-383	223	44	uses	use	VERB
ftr-383	223	45	look	look	VERB
ftr-383	223	46	-	-	PUNCT
ftr-383	223	47	thru	thru	NOUN
ftr-383	223	48	rules	rule	NOUN
ftr-383	223	49	to	to	PART
ftr-383	223	50	determine	determine	VERB
ftr-383	223	51	the	the	DET
ftr-383	223	52	proper	proper	ADJ
ftr-383	223	53	basket	basket	NOUN
ftr-383	223	54	into	into	ADP
ftr-383	223	55	which	which	PRON
ftr-383	223	56	to	to	PART
ftr-383	223	57	place	place	VERB
ftr-383	223	58	dividends	dividend	NOUN
ftr-383	223	59	received	receive	VERB
ftr-383	223	60	either	either	CCONJ
ftr-383	223	61	from	from	ADP
ftr-383	223	62	a	a	DET
ftr-383	223	63	cfc	cfc	NOUN
ftr-383	223	64	or	or	CCONJ
ftr-383	223	65	a	a	DET
ftr-383	223	66	so	so	ADV
ftr-383	223	67	-	-	PUNCT
ftr-383	223	68	called	call	VERB
ftr-383	223	69	10/50	10/50	NUM
ftr-383	223	70	corporation.32	corporation.32	NOUN
ftr-383	223	71	under	under	ADP
ftr-383	223	72	the	the	DET
ftr-383	223	73	model	model	NOUN
ftr-383	223	74	wwi	wwi	PROPN
ftr-383	223	75	/	/	SYM
ftr-383	223	76	ftc	ftc	PROPN
ftr-383	223	77	system	system	NOUN
ftr-383	223	78	,	,	PUNCT
ftr-383	223	79	these	these	DET
ftr-383	223	80	look	look	NOUN
ftr-383	223	81	-	-	PUNCT
ftr-383	223	82	thru	thru	NOUN
ftr-383	223	83	rules	rule	NOUN
ftr-383	223	84	would	would	AUX
ftr-383	223	85	continue	continue	VERB
ftr-383	223	86	to	to	PART
ftr-383	223	87	be	be	AUX
ftr-383	223	88	needed	need	VERB
ftr-383	223	89	as	as	SCONJ
ftr-383	223	90	it	it	PRON
ftr-383	223	91	includes	include	VERB
ftr-383	223	92	a	a	DET
ftr-383	223	93	two	two	NUM
ftr-383	223	94	-	-	PUNCT
ftr-383	223	95	basket	basket	NOUN
ftr-383	223	96	(	(	PUNCT
ftr-383	223	97	business	business	NOUN
ftr-383	223	98	income	income	NOUN
ftr-383	223	99	and	and	CCONJ
ftr-383	223	100	passive	passive	ADJ
ftr-383	223	101	investment	investment	NOUN
ftr-383	223	102	income	income	NOUN
ftr-383	223	103	)	)	PUNCT
ftr-383	223	104	system	system	NOUN
ftr-383	223	105	on	on	ADP
ftr-383	223	106	a	a	DET
ftr-383	223	107	per	per	ADP
ftr-383	223	108	-	-	PUNCT
ftr-383	223	109	country	country	NOUN
ftr-383	223	110	basis	basis	NOUN
ftr-383	223	111	.	.	PUNCT
ftr-383	224	1	an	an	DET
ftr-383	224	2	exemption	exemption	NOUN
ftr-383	224	3	system	system	NOUN
ftr-383	224	4	in	in	ADP
ftr-383	224	5	theory	theory	NOUN
ftr-383	224	6	would	would	AUX
ftr-383	224	7	not	not	PART
ftr-383	224	8	require	require	VERB
ftr-383	224	9	baskets	basket	NOUN
ftr-383	224	10	.	.	PUNCT
ftr-383	225	1	however	however	ADV
ftr-383	225	2	,	,	PUNCT
ftr-383	225	3	in	in	ADP
ftr-383	225	4	practice	practice	NOUN
ftr-383	225	5	countries	country	NOUN
ftr-383	225	6	with	with	ADP
ftr-383	225	7	territorial	territorial	ADJ
ftr-383	225	8	systems	system	NOUN
ftr-383	225	9	typically	typically	ADV
ftr-383	225	10	do	do	AUX
ftr-383	225	11	not	not	PART
ftr-383	225	12	exempt	exempt	VERB
ftr-383	225	13	foreign	foreign	ADJ
ftr-383	225	14	source	source	NOUN
ftr-383	225	15	passive	passive	ADJ
ftr-383	225	16	investment	investment	NOUN
ftr-383	225	17	income	income	NOUN
ftr-383	225	18	.	.	PUNCT
ftr-383	226	1	instead	instead	ADV
ftr-383	226	2	,	,	PUNCT
ftr-383	226	3	they	they	PRON
ftr-383	226	4	tax	tax	VERB
ftr-383	226	5	such	such	ADJ
ftr-383	226	6	income	income	NOUN
ftr-383	226	7	earned	earn	VERB
ftr-383	226	8	by	by	ADP
ftr-383	226	9	their	their	PRON
ftr-383	226	10	residents	resident	NOUN
ftr-383	226	11	on	on	ADP
ftr-383	226	12	a	a	DET
ftr-383	226	13	worldwide	worldwide	ADJ
ftr-383	226	14	basis	basis	NOUN
ftr-383	226	15	and	and	CCONJ
ftr-383	226	16	provide	provide	VERB
ftr-383	226	17	a	a	DET
ftr-383	226	18	ftc	ftc	NOUN
ftr-383	226	19	for	for	ADP
ftr-383	226	20	foreign	foreign	ADJ
ftr-383	226	21	taxes	taxis	NOUN
ftr-383	226	22	(	(	PUNCT
ftr-383	226	23	typically	typically	ADV
ftr-383	226	24	withholding	withhold	VERB
ftr-383	226	25	taxes	taxis	NOUN
ftr-383	226	26	)	)	PUNCT
ftr-383	226	27	paid	pay	VERB
ftr-383	226	28	.	.	PUNCT
ftr-383	227	1	the	the	DET
ftr-383	227	2	panel	panel	NOUN
ftr-383	227	3	report	report	NOUN
ftr-383	227	4	adopts	adopt	VERB
ftr-383	227	5	this	this	DET
ftr-383	227	6	approach	approach	NOUN
ftr-383	227	7	.	.	PUNCT
ftr-383	228	1	it	it	PRON
ftr-383	228	2	would	would	AUX
ftr-383	228	3	tax	tax	VERB
ftr-383	228	4	so	so	ADV
ftr-383	228	5	-	-	PUNCT
ftr-383	228	6	called	call	VERB
ftr-383	228	7	“	"	PUNCT
ftr-383	228	8	mobile	mobile	ADJ
ftr-383	228	9	”	"	PUNCT
ftr-383	228	10	income	income	NOUN
ftr-383	228	11	on	on	ADP
ftr-383	228	12	a	a	DET
ftr-383	228	13	current	current	ADJ
ftr-383	228	14	basis	basis	NOUN
ftr-383	228	15	and	and	CCONJ
ftr-383	228	16	allow	allow	VERB
ftr-383	228	17	a	a	DET
ftr-383	228	18	ftc	ftc	PROPN
ftr-383	228	19	for	for	ADP
ftr-383	228	20	foreign	foreign	ADJ
ftr-383	228	21	taxes	taxis	NOUN
ftr-383	228	22	incurred	incur	VERB
ftr-383	228	23	,	,	PUNCT
ftr-383	228	24	if	if	SCONJ
ftr-383	228	25	any	any	PRON
ftr-383	228	26	.	.	PUNCT
ftr-383	229	1	two	two	NUM
ftr-383	229	2	observations	observation	NOUN
ftr-383	229	3	may	may	AUX
ftr-383	229	4	be	be	AUX
ftr-383	229	5	made	make	VERB
ftr-383	229	6	.	.	PUNCT
ftr-383	230	1	first	first	ADV
ftr-383	230	2	,	,	PUNCT
ftr-383	230	3	in	in	ADP
ftr-383	230	4	effect	effect	NOUN
ftr-383	230	5	a	a	DET
ftr-383	230	6	two	two	NUM
ftr-383	230	7	-	-	PUNCT
ftr-383	230	8	basket	basket	NOUN
ftr-383	230	9	system	system	NOUN
ftr-383	230	10	is	be	AUX
ftr-383	230	11	retained	retain	VERB
ftr-383	230	12	because	because	SCONJ
ftr-383	230	13	it	it	PRON
ftr-383	230	14	is	be	AUX
ftr-383	230	15	necessary	necessary	ADJ
ftr-383	230	16	to	to	PART
ftr-383	230	17	distinguish	distinguish	VERB
ftr-383	230	18	business	business	NOUN
ftr-383	230	19	income	income	NOUN
ftr-383	230	20	from	from	ADP
ftr-383	230	21	mobile	mobile	ADJ
ftr-383	230	22	income	income	NOUN
ftr-383	230	23	.	.	PUNCT
ftr-383	231	1	second	second	ADJ
ftr-383	231	2	,	,	PUNCT
ftr-383	231	3	each	each	DET
ftr-383	231	4	basket	basket	NOUN
ftr-383	231	5	of	of	ADP
ftr-383	231	6	income	income	NOUN
ftr-383	231	7	is	be	AUX
ftr-383	231	8	subject	subject	ADJ
ftr-383	231	9	to	to	ADP
ftr-383	231	10	a	a	DET
ftr-383	231	11	different	different	ADJ
ftr-383	231	12	2007	2007	NUM
ftr-383	231	13	territorial	territorial	NOUN
ftr-383	231	14	vs	vs	ADP
ftr-383	231	15	worldwide	worldwide	ADJ
ftr-383	231	16	international	international	ADJ
ftr-383	231	17	tax	tax	NOUN
ftr-383	231	18	systems	system	NOUN
ftr-383	231	19	295	295	NUM
ftr-383	231	20	33	33	NUM
ftr-383	231	21	.	.	PUNCT
ftr-383	232	1	irc	irc	PROPN
ftr-383	232	2	§	§	PROPN
ftr-383	232	3	§	§	PROPN
ftr-383	232	4	367(a)(3)(c	367(a)(3)(c	PROPN
ftr-383	232	5	)	)	PUNCT
ftr-383	232	6	,	,	PUNCT
ftr-383	232	7	904(f)(1	904(f)(1	NOUN
ftr-383	232	8	)	)	PUNCT
ftr-383	232	9	.	.	PUNCT
ftr-383	233	1	34	34	NUM
ftr-383	233	2	.	.	PUNCT
ftr-383	233	3	irc	irc	PROPN
ftr-383	233	4	§	§	PROPN
ftr-383	233	5	904(f)(5	904(f)(5	PROPN
ftr-383	233	6	)	)	PUNCT
ftr-383	233	7	.	.	PUNCT
ftr-383	234	1	35	35	NUM
ftr-383	234	2	.	.	PUNCT
ftr-383	235	1	see	see	VERB
ftr-383	235	2	,	,	PUNCT
ftr-383	235	3	e.g.	e.g.	ADV
ftr-383	235	4	,	,	PUNCT
ftr-383	235	5	article	article	NOUN
ftr-383	235	6	23	23	NUM
ftr-383	235	7	of	of	ADP
ftr-383	235	8	the	the	DET
ftr-383	235	9	2006	2006	NUM
ftr-383	235	10	united	united	PROPN
ftr-383	235	11	states	states	PROPN
ftr-383	235	12	model	model	PROPN
ftr-383	235	13	income	income	PROPN
ftr-383	235	14	tax	tax	PROPN
ftr-383	235	15	convention	convention	PROPN
ftr-383	235	16	.	.	PUNCT
ftr-383	236	1	international	international	ADJ
ftr-383	236	2	tax	tax	NOUN
ftr-383	236	3	regime	regime	NOUN
ftr-383	236	4	,	,	PUNCT
ftr-383	236	5	i.e.	i.e.	X
ftr-383	236	6	,	,	PUNCT
ftr-383	236	7	an	an	DET
ftr-383	236	8	exemption	exemption	NOUN
ftr-383	236	9	system	system	NOUN
ftr-383	236	10	for	for	ADP
ftr-383	236	11	business	business	NOUN
ftr-383	236	12	income	income	NOUN
ftr-383	236	13	and	and	CCONJ
ftr-383	236	14	a	a	DET
ftr-383	236	15	worldwide	worldwide	ADJ
ftr-383	236	16	system	system	NOUN
ftr-383	236	17	for	for	ADP
ftr-383	236	18	mobile	mobile	ADJ
ftr-383	236	19	income	income	NOUN
ftr-383	236	20	.	.	PUNCT
ftr-383	237	1	in	in	ADP
ftr-383	237	2	contrast	contrast	NOUN
ftr-383	237	3	,	,	PUNCT
ftr-383	237	4	under	under	ADP
ftr-383	237	5	the	the	DET
ftr-383	237	6	model	model	NOUN
ftr-383	237	7	wwi	wwi	PROPN
ftr-383	237	8	/	/	SYM
ftr-383	237	9	ftc	ftc	PROPN
ftr-383	237	10	system	system	NOUN
ftr-383	237	11	,	,	PUNCT
ftr-383	237	12	while	while	SCONJ
ftr-383	237	13	two	two	NUM
ftr-383	237	14	baskets	basket	NOUN
ftr-383	237	15	are	be	AUX
ftr-383	237	16	employed	employ	VERB
ftr-383	237	17	,	,	PUNCT
ftr-383	237	18	the	the	DET
ftr-383	237	19	same	same	ADJ
ftr-383	237	20	international	international	ADJ
ftr-383	237	21	tax	tax	NOUN
ftr-383	237	22	system	system	NOUN
ftr-383	237	23	would	would	AUX
ftr-383	237	24	apply	apply	VERB
ftr-383	237	25	to	to	ADP
ftr-383	237	26	each	each	DET
ftr-383	237	27	basket	basket	NOUN
ftr-383	237	28	.	.	PUNCT
ftr-383	238	1	the	the	DET
ftr-383	238	2	panel	panel	NOUN
ftr-383	238	3	report	report	NOUN
ftr-383	238	4	approach	approach	NOUN
ftr-383	238	5	inevitably	inevitably	ADV
ftr-383	238	6	will	will	AUX
ftr-383	238	7	be	be	AUX
ftr-383	238	8	more	more	ADJ
ftr-383	238	9	,	,	PUNCT
ftr-383	238	10	not	not	PART
ftr-383	238	11	less	less	ADJ
ftr-383	238	12	,	,	PUNCT
ftr-383	238	13	complex	complex	ADJ
ftr-383	238	14	than	than	ADP
ftr-383	238	15	either	either	CCONJ
ftr-383	238	16	the	the	DET
ftr-383	238	17	model	model	PROPN
ftr-383	238	18	wwi	wwi	PROPN
ftr-383	238	19	/	/	SYM
ftr-383	238	20	ftc	ftc	PROPN
ftr-383	238	21	system	system	NOUN
ftr-383	238	22	or	or	CCONJ
ftr-383	238	23	current	current	ADJ
ftr-383	238	24	law	law	NOUN
ftr-383	238	25	,	,	PUNCT
ftr-383	238	26	as	as	SCONJ
ftr-383	238	27	it	it	PRON
ftr-383	238	28	requires	require	VERB
ftr-383	238	29	the	the	DET
ftr-383	238	30	complete	complete	ADJ
ftr-383	238	31	implementation	implementation	NOUN
ftr-383	238	32	of	of	ADP
ftr-383	238	33	an	an	DET
ftr-383	238	34	exemption	exemption	NOUN
ftr-383	238	35	and	and	CCONJ
ftr-383	238	36	an	an	DET
ftr-383	238	37	ftc	ftc	PROPN
ftr-383	238	38	system	system	NOUN
ftr-383	238	39	for	for	ADP
ftr-383	238	40	each	each	PRON
ftr-383	238	41	of	of	ADP
ftr-383	238	42	the	the	DET
ftr-383	238	43	two	two	NUM
ftr-383	238	44	different	different	ADJ
ftr-383	238	45	classes	class	NOUN
ftr-383	238	46	of	of	ADP
ftr-383	238	47	income	income	NOUN
ftr-383	238	48	.	.	PUNCT
ftr-383	239	1	g.	g.	PROPN
ftr-383	239	2	foreign	foreign	ADJ
ftr-383	239	3	losses	loss	NOUN
ftr-383	239	4	under	under	ADP
ftr-383	239	5	present	present	ADJ
ftr-383	239	6	u.s	u.s	PROPN
ftr-383	239	7	.	.	PROPN
ftr-383	239	8	law	law	PROPN
ftr-383	239	9	,	,	PUNCT
ftr-383	239	10	a	a	DET
ftr-383	239	11	special	special	ADJ
ftr-383	239	12	set	set	NOUN
ftr-383	239	13	of	of	ADP
ftr-383	239	14	rules	rule	NOUN
ftr-383	239	15	applies	apply	VERB
ftr-383	239	16	to	to	PART
ftr-383	239	17	deal	deal	VERB
ftr-383	239	18	with	with	ADP
ftr-383	239	19	foreign	foreign	ADJ
ftr-383	239	20	losses	loss	NOUN
ftr-383	239	21	incurred	incur	VERB
ftr-383	239	22	by	by	ADP
ftr-383	239	23	u.s	u.s	PROPN
ftr-383	239	24	.	.	PROPN
ftr-383	239	25	companies	company	NOUN
ftr-383	239	26	.	.	PUNCT
ftr-383	240	1	the	the	DET
ftr-383	240	2	rules	rule	NOUN
ftr-383	240	3	play	play	VERB
ftr-383	240	4	two	two	NUM
ftr-383	240	5	different	different	ADJ
ftr-383	240	6	roles	role	NOUN
ftr-383	240	7	.	.	PUNCT
ftr-383	241	1	the	the	DET
ftr-383	241	2	first	first	ADJ
ftr-383	241	3	role	role	NOUN
ftr-383	241	4	is	be	AUX
ftr-383	241	5	to	to	PART
ftr-383	241	6	account	account	VERB
ftr-383	241	7	for	for	ADP
ftr-383	241	8	the	the	DET
ftr-383	241	9	fact	fact	NOUN
ftr-383	241	10	that	that	SCONJ
ftr-383	241	11	,	,	PUNCT
ftr-383	241	12	in	in	ADP
ftr-383	241	13	the	the	DET
ftr-383	241	14	case	case	NOUN
ftr-383	241	15	of	of	ADP
ftr-383	241	16	operation	operation	NOUN
ftr-383	241	17	through	through	ADP
ftr-383	241	18	a	a	DET
ftr-383	241	19	foreign	foreign	ADJ
ftr-383	241	20	branch	branch	NOUN
ftr-383	241	21	,	,	PUNCT
ftr-383	241	22	any	any	DET
ftr-383	241	23	losses	loss	NOUN
ftr-383	241	24	incurred	incur	VERB
ftr-383	241	25	by	by	ADP
ftr-383	241	26	the	the	DET
ftr-383	241	27	branch	branch	NOUN
ftr-383	241	28	reduce	reduce	VERB
ftr-383	241	29	u.s	u.s	PROPN
ftr-383	241	30	.	.	PROPN
ftr-383	241	31	taxable	taxable	ADJ
ftr-383	241	32	income	income	NOUN
ftr-383	241	33	.	.	PUNCT
ftr-383	242	1	if	if	SCONJ
ftr-383	242	2	the	the	DET
ftr-383	242	3	branch	branch	NOUN
ftr-383	242	4	subsequently	subsequently	ADV
ftr-383	242	5	earns	earn	VERB
ftr-383	242	6	a	a	DET
ftr-383	242	7	profit	profit	NOUN
ftr-383	242	8	,	,	PUNCT
ftr-383	242	9	then	then	ADV
ftr-383	242	10	special	special	ADJ
ftr-383	242	11	rules	rule	NOUN
ftr-383	242	12	insure	insure	VERB
ftr-383	242	13	that	that	SCONJ
ftr-383	242	14	the	the	DET
ftr-383	242	15	u.s	u.s	PROPN
ftr-383	242	16	.	.	PROPN
ftr-383	242	17	in	in	ADP
ftr-383	242	18	effect	effect	NOUN
ftr-383	242	19	recaptures	recapture	VERB
ftr-383	242	20	those	those	DET
ftr-383	242	21	previously	previously	ADV
ftr-383	242	22	deducted	deduct	VERB
ftr-383	242	23	losses	loss	NOUN
ftr-383	242	24	into	into	ADP
ftr-383	242	25	income	income	NOUN
ftr-383	242	26	.	.	PUNCT
ftr-383	243	1	the	the	DET
ftr-383	243	2	second	second	ADJ
ftr-383	243	3	set	set	NOUN
ftr-383	243	4	of	of	ADP
ftr-383	243	5	rules	rule	NOUN
ftr-383	243	6	operates	operate	VERB
ftr-383	243	7	within	within	ADP
ftr-383	243	8	the	the	DET
ftr-383	243	9	ftc	ftc	PROPN
ftr-383	243	10	basket	basket	NOUN
ftr-383	243	11	system	system	NOUN
ftr-383	243	12	and	and	CCONJ
ftr-383	243	13	33	33	NUM
ftr-383	243	14	mandates	mandate	NOUN
ftr-383	243	15	how	how	SCONJ
ftr-383	243	16	foreign	foreign	ADJ
ftr-383	243	17	losses	loss	NOUN
ftr-383	243	18	in	in	ADP
ftr-383	243	19	one	one	NUM
ftr-383	243	20	basket	basket	NOUN
ftr-383	243	21	of	of	ADP
ftr-383	243	22	income	income	NOUN
ftr-383	243	23	are	be	AUX
ftr-383	243	24	to	to	PART
ftr-383	243	25	offset	offset	VERB
ftr-383	243	26	income	income	NOUN
ftr-383	243	27	in	in	ADP
ftr-383	243	28	other	other	ADJ
ftr-383	243	29	baskets	basket	NOUN
ftr-383	243	30	of	of	ADP
ftr-383	243	31	income	income	NOUN
ftr-383	243	32	.	.	PUNCT
ftr-383	244	1	again	again	ADV
ftr-383	244	2	,	,	PUNCT
ftr-383	244	3	the	the	DET
ftr-383	244	4	objective	objective	NOUN
ftr-383	244	5	is	be	AUX
ftr-383	244	6	to	to	PART
ftr-383	244	7	ensure	ensure	VERB
ftr-383	244	8	that	that	SCONJ
ftr-383	244	9	foreign	foreign	ADJ
ftr-383	244	10	losses34	losses34	ADV
ftr-383	244	11	in	in	ADP
ftr-383	244	12	one	one	NUM
ftr-383	244	13	basket	basket	NOUN
ftr-383	244	14	offset	offset	VERB
ftr-383	244	15	foreign	foreign	ADJ
ftr-383	244	16	income	income	NOUN
ftr-383	244	17	in	in	ADP
ftr-383	244	18	other	other	ADJ
ftr-383	244	19	baskets	basket	NOUN
ftr-383	244	20	before	before	ADP
ftr-383	244	21	offsetting	offset	VERB
ftr-383	244	22	u.s	u.s	PROPN
ftr-383	244	23	.	.	PROPN
ftr-383	244	24	income	income	NOUN
ftr-383	244	25	for	for	ADP
ftr-383	244	26	ftc	ftc	PROPN
ftr-383	244	27	purposes	purpose	NOUN
ftr-383	244	28	.	.	PUNCT
ftr-383	245	1	similar	similar	ADJ
ftr-383	245	2	foreign	foreign	ADJ
ftr-383	245	3	loss	loss	NOUN
ftr-383	245	4	rules	rule	NOUN
ftr-383	245	5	would	would	AUX
ftr-383	245	6	be	be	AUX
ftr-383	245	7	necessary	necessary	ADJ
ftr-383	245	8	in	in	ADP
ftr-383	245	9	a	a	DET
ftr-383	245	10	model	model	NOUN
ftr-383	245	11	wwi	wwi	PROPN
ftr-383	245	12	/	/	SYM
ftr-383	245	13	ftc	ftc	PROPN
ftr-383	245	14	system	system	NOUN
ftr-383	245	15	,	,	PUNCT
ftr-383	245	16	although	although	SCONJ
ftr-383	245	17	their	their	PRON
ftr-383	245	18	ftc	ftc	PROPN
ftr-383	245	19	role	role	NOUN
ftr-383	245	20	would	would	AUX
ftr-383	245	21	be	be	AUX
ftr-383	245	22	significantly	significantly	ADV
ftr-383	245	23	diminished	diminish	VERB
ftr-383	245	24	in	in	ADP
ftr-383	245	25	a	a	DET
ftr-383	245	26	twobasket	twobasket	NOUN
ftr-383	245	27	system	system	NOUN
ftr-383	245	28	.	.	PUNCT
ftr-383	246	1	foreign	foreign	ADJ
ftr-383	246	2	losses	loss	NOUN
ftr-383	246	3	must	must	AUX
ftr-383	246	4	also	also	ADV
ftr-383	246	5	be	be	AUX
ftr-383	246	6	dealt	deal	VERB
ftr-383	246	7	with	with	ADP
ftr-383	246	8	in	in	ADP
ftr-383	246	9	an	an	DET
ftr-383	246	10	exemption	exemption	NOUN
ftr-383	246	11	system	system	NOUN
ftr-383	246	12	.	.	PUNCT
ftr-383	247	1	the	the	DET
ftr-383	247	2	basic	basic	ADJ
ftr-383	247	3	rule	rule	NOUN
ftr-383	247	4	needs	need	VERB
ftr-383	247	5	to	to	PART
ftr-383	247	6	be	be	AUX
ftr-383	247	7	that	that	SCONJ
ftr-383	247	8	,	,	PUNCT
ftr-383	247	9	since	since	SCONJ
ftr-383	247	10	foreign	foreign	ADJ
ftr-383	247	11	source	source	NOUN
ftr-383	247	12	business	business	NOUN
ftr-383	247	13	income	income	NOUN
ftr-383	247	14	is	be	AUX
ftr-383	247	15	exempt	exempt	ADJ
ftr-383	247	16	from	from	ADP
ftr-383	247	17	domestic	domestic	ADJ
ftr-383	247	18	tax	tax	NOUN
ftr-383	247	19	,	,	PUNCT
ftr-383	247	20	foreign	foreign	ADJ
ftr-383	247	21	source	source	NOUN
ftr-383	247	22	losses	loss	NOUN
ftr-383	247	23	can	can	AUX
ftr-383	247	24	not	not	PART
ftr-383	247	25	be	be	AUX
ftr-383	247	26	taken	take	VERB
ftr-383	247	27	against	against	ADP
ftr-383	247	28	domestic	domestic	ADJ
ftr-383	247	29	source	source	NOUN
ftr-383	247	30	income	income	NOUN
ftr-383	247	31	.	.	PUNCT
ftr-383	248	1	that	that	PRON
ftr-383	248	2	is	be	AUX
ftr-383	248	3	the	the	DET
ftr-383	248	4	approach	approach	NOUN
ftr-383	248	5	recommended	recommend	VERB
ftr-383	248	6	by	by	ADP
ftr-383	248	7	the	the	DET
ftr-383	248	8	panel	panel	NOUN
ftr-383	248	9	report	report	NOUN
ftr-383	248	10	.	.	PUNCT
ftr-383	249	1	it	it	PRON
ftr-383	249	2	should	should	AUX
ftr-383	249	3	be	be	AUX
ftr-383	249	4	noted	note	VERB
ftr-383	249	5	,	,	PUNCT
ftr-383	249	6	however	however	ADV
ftr-383	249	7	,	,	PUNCT
ftr-383	249	8	that	that	SCONJ
ftr-383	249	9	exemption	exemption	NOUN
ftr-383	249	10	systems	system	NOUN
ftr-383	249	11	are	be	AUX
ftr-383	249	12	not	not	PART
ftr-383	249	13	impervious	impervious	ADJ
ftr-383	249	14	to	to	ADP
ftr-383	249	15	deviations	deviation	NOUN
ftr-383	249	16	from	from	ADP
ftr-383	249	17	the	the	DET
ftr-383	249	18	norm	norm	NOUN
ftr-383	249	19	.	.	PUNCT
ftr-383	250	1	in	in	ADP
ftr-383	250	2	a	a	DET
ftr-383	250	3	number	number	NOUN
ftr-383	250	4	of	of	ADP
ftr-383	250	5	exemption	exemption	NOUN
ftr-383	250	6	countries	country	NOUN
ftr-383	250	7	,	,	PUNCT
ftr-383	250	8	foreign	foreign	ADJ
ftr-383	250	9	losses	loss	NOUN
ftr-383	250	10	are	be	AUX
ftr-383	250	11	allowed	allow	VERB
ftr-383	250	12	as	as	ADP
ftr-383	250	13	a	a	DET
ftr-383	250	14	deduction	deduction	NOUN
ftr-383	250	15	against	against	ADP
ftr-383	250	16	domestic	domestic	ADJ
ftr-383	250	17	source	source	NOUN
ftr-383	250	18	income	income	NOUN
ftr-383	250	19	.	.	PUNCT
ftr-383	251	1	such	such	DET
ftr-383	251	2	a	a	DET
ftr-383	251	3	rule	rule	NOUN
ftr-383	251	4	constitutes	constitute	VERB
ftr-383	251	5	a	a	DET
ftr-383	251	6	tax	tax	NOUN
ftr-383	251	7	expenditure	expenditure	NOUN
ftr-383	251	8	or	or	CCONJ
ftr-383	251	9	tax	tax	NOUN
ftr-383	251	10	subsidy	subsidy	NOUN
ftr-383	251	11	in	in	ADP
ftr-383	251	12	an	an	DET
ftr-383	251	13	exemption	exemption	NOUN
ftr-383	251	14	system	system	NOUN
ftr-383	251	15	.	.	PUNCT
ftr-383	252	1	h.	h.	NOUN
ftr-383	252	2	tax	tax	NOUN
ftr-383	252	3	treaties	treaty	NOUN
ftr-383	252	4	all	all	DET
ftr-383	252	5	current	current	ADJ
ftr-383	252	6	u.s	u.s	PROPN
ftr-383	252	7	.	.	PROPN
ftr-383	252	8	bilateral	bilateral	ADJ
ftr-383	252	9	tax	tax	NOUN
ftr-383	252	10	treaties	treaty	NOUN
ftr-383	252	11	guarantee	guarantee	VERB
ftr-383	252	12	u.s	u.s	PROPN
ftr-383	252	13	.	.	PROPN
ftr-383	252	14	taxpayers	taxpayer	NOUN
ftr-383	252	15	the	the	DET
ftr-383	252	16	availability	availability	NOUN
ftr-383	252	17	of	of	ADP
ftr-383	252	18	a	a	DET
ftr-383	252	19	foreign	foreign	ADJ
ftr-383	252	20	tax	tax	NOUN
ftr-383	252	21	credit	credit	NOUN
ftr-383	252	22	.	.	PUNCT
ftr-383	253	1	if	if	SCONJ
ftr-383	253	2	the	the	DET
ftr-383	253	3	panel	panel	NOUN
ftr-383	253	4	proposal	proposal	NOUN
ftr-383	253	5	were	be	AUX
ftr-383	253	6	adopted	adopt	VERB
ftr-383	253	7	,	,	PUNCT
ftr-383	253	8	all35	all35	PROPN
ftr-383	253	9	296	296	NUM
ftr-383	253	10	florida	florida	PROPN
ftr-383	253	11	tax	tax	NOUN
ftr-383	253	12	review	review	NOUN
ftr-383	254	1	[	[	X
ftr-383	254	2	vol	vol	NOUN
ftr-383	254	3	.	.	PUNCT
ftr-383	254	4	8:3	8:3	NUM
ftr-383	254	5	36	36	NUM
ftr-383	254	6	.	.	PUNCT
ftr-383	255	1	see	see	VERB
ftr-383	255	2	jct	jct	PROPN
ftr-383	255	3	staff	staff	NOUN
ftr-383	255	4	competitiveness	competitiveness	NOUN
ftr-383	255	5	report	report	NOUN
ftr-383	255	6	,	,	PUNCT
ftr-383	255	7	supra	supra	PROPN
ftr-383	255	8	note	note	NOUN
ftr-383	255	9	3	3	NUM
ftr-383	255	10	,	,	PUNCT
ftr-383	255	11	at	at	ADP
ftr-383	255	12	12	12	NUM
ftr-383	255	13	-	-	SYM
ftr-383	255	14	13	13	NUM
ftr-383	255	15	;	;	PUNCT
ftr-383	255	16	merrill	merrill	PROPN
ftr-383	255	17	et	et	PROPN
ftr-383	255	18	al	al	PROPN
ftr-383	255	19	,	,	PUNCT
ftr-383	255	20	supra	supra	PROPN
ftr-383	255	21	note	note	NOUN
ftr-383	255	22	2	2	NUM
ftr-383	255	23	,	,	PUNCT
ftr-383	255	24	at	at	ADP
ftr-383	255	25	905	905	NUM
ftr-383	255	26	.	.	PUNCT
ftr-383	256	1	it	it	PRON
ftr-383	256	2	could	could	AUX
ftr-383	256	3	be	be	AUX
ftr-383	256	4	argued	argue	VERB
ftr-383	256	5	that	that	SCONJ
ftr-383	256	6	a	a	DET
ftr-383	256	7	domestic	domestic	ADJ
ftr-383	256	8	law	law	NOUN
ftr-383	256	9	exemption	exemption	NOUN
ftr-383	256	10	system	system	NOUN
ftr-383	256	11	would	would	AUX
ftr-383	256	12	apply	apply	VERB
ftr-383	256	13	to	to	ADP
ftr-383	256	14	u.s	u.s	PROPN
ftr-383	256	15	.	.	PROPN
ftr-383	256	16	taxpayers	taxpayer	NOUN
ftr-383	256	17	without	without	ADP
ftr-383	256	18	regard	regard	NOUN
ftr-383	256	19	to	to	ADP
ftr-383	256	20	the	the	DET
ftr-383	256	21	treaty	treaty	NOUN
ftr-383	256	22	in	in	ADP
ftr-383	256	23	any	any	DET
ftr-383	256	24	event	event	NOUN
ftr-383	256	25	so	so	SCONJ
ftr-383	256	26	no	no	DET
ftr-383	256	27	treaty	treaty	NOUN
ftr-383	256	28	change	change	NOUN
ftr-383	256	29	is	be	AUX
ftr-383	256	30	required	require	VERB
ftr-383	256	31	.	.	PUNCT
ftr-383	257	1	however	however	ADV
ftr-383	257	2	,	,	PUNCT
ftr-383	257	3	some	some	DET
ftr-383	257	4	u.s	u.s	PROPN
ftr-383	257	5	.	.	PROPN
ftr-383	257	6	multinationals	multinational	NOUN
ftr-383	257	7	will	will	AUX
ftr-383	257	8	pay	pay	VERB
ftr-383	257	9	a	a	DET
ftr-383	257	10	higher	high	ADJ
ftr-383	257	11	tax	tax	NOUN
ftr-383	257	12	under	under	ADP
ftr-383	257	13	an	an	DET
ftr-383	257	14	exemption	exemption	NOUN
ftr-383	257	15	system	system	NOUN
ftr-383	257	16	than	than	SCONJ
ftr-383	257	17	they	they	PRON
ftr-383	257	18	do	do	VERB
ftr-383	257	19	under	under	ADP
ftr-383	257	20	current	current	ADJ
ftr-383	257	21	law	law	NOUN
ftr-383	257	22	.	.	PUNCT
ftr-383	258	1	such	such	ADJ
ftr-383	258	2	taxpayers	taxpayer	NOUN
ftr-383	258	3	might	might	AUX
ftr-383	258	4	assert	assert	VERB
ftr-383	258	5	that	that	SCONJ
ftr-383	258	6	they	they	PRON
ftr-383	258	7	are	be	AUX
ftr-383	258	8	entitled	entitle	VERB
ftr-383	258	9	to	to	ADP
ftr-383	258	10	a	a	DET
ftr-383	258	11	treaty	treaty	NOUN
ftr-383	258	12	-	-	PUNCT
ftr-383	258	13	based	base	VERB
ftr-383	258	14	ftc	ftc	PROPN
ftr-383	258	15	.	.	PUNCT
ftr-383	259	1	37	37	NUM
ftr-383	259	2	.	.	PUNCT
ftr-383	260	1	see	see	VERB
ftr-383	260	2	jct	jct	PROPN
ftr-383	260	3	staff	staff	NOUN
ftr-383	260	4	report	report	NOUN
ftr-383	260	5	,	,	PUNCT
ftr-383	260	6	supra	supra	PROPN
ftr-383	260	7	note	note	NOUN
ftr-383	260	8	3	3	NUM
ftr-383	260	9	,	,	PUNCT
ftr-383	260	10	at	at	ADP
ftr-383	260	11	10	10	NUM
ftr-383	260	12	;	;	PUNCT
ftr-383	260	13	graetz	graetz	PROPN
ftr-383	260	14	&	&	CCONJ
ftr-383	260	15	oosterhuis	oosterhuis	PROPN
ftr-383	260	16	,	,	PUNCT
ftr-383	260	17	supra	supra	ADJ
ftr-383	260	18	note	note	NOUN
ftr-383	260	19	2	2	NUM
ftr-383	260	20	,	,	PUNCT
ftr-383	260	21	at	at	ADP
ftr-383	260	22	783	783	NUM
ftr-383	260	23	-	-	SYM
ftr-383	260	24	84	84	NUM
ftr-383	260	25	.	.	PUNCT
ftr-383	261	1	these	these	DET
ftr-383	261	2	treaties	treaty	NOUN
ftr-383	261	3	would	would	AUX
ftr-383	261	4	have	have	VERB
ftr-383	261	5	to	to	PART
ftr-383	261	6	be	be	AUX
ftr-383	261	7	renegotiated	renegotiate	VERB
ftr-383	261	8	,	,	PUNCT
ftr-383	261	9	a	a	DET
ftr-383	261	10	prescription	prescription	NOUN
ftr-383	261	11	for	for	ADP
ftr-383	261	12	complexity	complexity	NOUN
ftr-383	261	13	and	and	CCONJ
ftr-383	261	14	uncertainty	uncertainty	NOUN
ftr-383	261	15	for	for	ADP
ftr-383	261	16	the	the	DET
ftr-383	261	17	government	government	NOUN
ftr-383	261	18	and	and	CCONJ
ftr-383	261	19	taxpayers	taxpayer	NOUN
ftr-383	261	20	alike.36	alike.36	PROPN
ftr-383	261	21	i.	i.	NOUN
ftr-383	261	22	transition	transition	NOUN
ftr-383	261	23	rules	rule	VERB
ftr-383	261	24	another	another	DET
ftr-383	261	25	element	element	NOUN
ftr-383	261	26	of	of	ADP
ftr-383	261	27	complexity	complexity	NOUN
ftr-383	261	28	involved	involve	VERB
ftr-383	261	29	in	in	ADP
ftr-383	261	30	a	a	DET
ftr-383	261	31	change	change	NOUN
ftr-383	261	32	to	to	ADP
ftr-383	261	33	an	an	DET
ftr-383	261	34	exemption	exemption	NOUN
ftr-383	261	35	system	system	NOUN
ftr-383	261	36	would	would	AUX
ftr-383	261	37	arise	arise	VERB
ftr-383	261	38	from	from	ADP
ftr-383	261	39	transition	transition	NOUN
ftr-383	261	40	rules	rule	NOUN
ftr-383	261	41	from	from	ADP
ftr-383	261	42	the	the	DET
ftr-383	261	43	current	current	ADJ
ftr-383	261	44	system	system	NOUN
ftr-383	261	45	to	to	ADP
ftr-383	261	46	an	an	DET
ftr-383	261	47	exemption	exemption	NOUN
ftr-383	261	48	system	system	NOUN
ftr-383	261	49	.	.	PUNCT
ftr-383	262	1	remarkably	remarkably	ADV
ftr-383	262	2	,	,	PUNCT
ftr-383	262	3	the	the	DET
ftr-383	262	4	panel	panel	NOUN
ftr-383	262	5	report	report	NOUN
ftr-383	262	6	contains	contain	VERB
ftr-383	262	7	no	no	DET
ftr-383	262	8	such	such	ADJ
ftr-383	262	9	rules	rule	NOUN
ftr-383	262	10	.	.	PUNCT
ftr-383	263	1	apparently	apparently	ADV
ftr-383	263	2	,	,	PUNCT
ftr-383	263	3	dividends	dividend	NOUN
ftr-383	263	4	repatriated	repatriate	VERB
ftr-383	263	5	out	out	ADP
ftr-383	263	6	of	of	ADP
ftr-383	263	7	pre	pre	ADJ
ftr-383	263	8	-	-	ADJ
ftr-383	263	9	effective	effective	ADJ
ftr-383	263	10	date	date	NOUN
ftr-383	263	11	tax	tax	NOUN
ftr-383	263	12	-	-	PUNCT
ftr-383	263	13	deferred	defer	VERB
ftr-383	263	14	business	business	NOUN
ftr-383	263	15	earnings	earning	NOUN
ftr-383	263	16	would	would	AUX
ftr-383	263	17	be	be	AUX
ftr-383	263	18	wholly	wholly	ADV
ftr-383	263	19	exempt	exempt	ADJ
ftr-383	263	20	from	from	ADP
ftr-383	263	21	tax	tax	NOUN
ftr-383	263	22	.	.	PUNCT
ftr-383	264	1	more	more	ADV
ftr-383	264	2	realistically	realistically	ADV
ftr-383	264	3	,	,	PUNCT
ftr-383	264	4	as	as	SCONJ
ftr-383	264	5	noted	note	VERB
ftr-383	264	6	above	above	ADV
ftr-383	264	7	,	,	PUNCT
ftr-383	264	8	the	the	DET
ftr-383	264	9	jct	jct	PROPN
ftr-383	264	10	staff	staff	NOUN
ftr-383	264	11	report	report	NOUN
ftr-383	264	12	did	do	AUX
ftr-383	264	13	include	include	VERB
ftr-383	264	14	transition	transition	NOUN
ftr-383	264	15	rules	rule	NOUN
ftr-383	264	16	to	to	PART
ftr-383	264	17	ensure	ensure	VERB
ftr-383	264	18	that	that	SCONJ
ftr-383	264	19	distributions	distribution	NOUN
ftr-383	264	20	out	out	ADP
ftr-383	264	21	of	of	ADP
ftr-383	264	22	previously	previously	ADV
ftr-383	264	23	untaxed	untaxe	VERB
ftr-383	264	24	foreign	foreign	ADJ
ftr-383	264	25	earnings	earning	NOUN
ftr-383	264	26	would	would	AUX
ftr-383	264	27	be	be	AUX
ftr-383	264	28	subject	subject	ADJ
ftr-383	264	29	to	to	ADP
ftr-383	264	30	tax	tax	NOUN
ftr-383	264	31	.	.	PUNCT
ftr-383	265	1	presumably	presumably	ADV
ftr-383	265	2	,	,	PUNCT
ftr-383	265	3	some	some	DET
ftr-383	265	4	sort	sort	NOUN
ftr-383	265	5	of	of	ADV
ftr-383	265	6	ordering	order	VERB
ftr-383	265	7	rule	rule	NOUN
ftr-383	265	8	would	would	AUX
ftr-383	265	9	be	be	AUX
ftr-383	265	10	required	require	VERB
ftr-383	265	11	to	to	PART
ftr-383	265	12	determine	determine	VERB
ftr-383	265	13	whether	whether	SCONJ
ftr-383	265	14	a	a	DET
ftr-383	265	15	post	post	ADJ
ftr-383	265	16	-	-	ADJ
ftr-383	265	17	effective	effective	ADJ
ftr-383	265	18	date	date	NOUN
ftr-383	265	19	dividend	dividend	NOUN
ftr-383	265	20	was	be	AUX
ftr-383	265	21	made	make	VERB
ftr-383	265	22	out	out	ADP
ftr-383	265	23	of	of	ADP
ftr-383	265	24	pre	pre	ADJ
ftr-383	265	25	-	-	ADJ
ftr-383	265	26	effective	effective	ADJ
ftr-383	265	27	date	date	NOUN
ftr-383	265	28	or	or	CCONJ
ftr-383	265	29	post	post	ADJ
ftr-383	265	30	-	-	ADJ
ftr-383	265	31	effective	effective	ADJ
ftr-383	265	32	date	date	NOUN
ftr-383	265	33	earnings	earning	NOUN
ftr-383	265	34	(	(	PUNCT
ftr-383	265	35	or	or	CCONJ
ftr-383	265	36	some	some	DET
ftr-383	265	37	combination	combination	NOUN
ftr-383	265	38	thereof	thereof	ADV
ftr-383	265	39	)	)	PUNCT
ftr-383	265	40	,	,	PUNCT
ftr-383	265	41	the	the	DET
ftr-383	265	42	latter	latter	ADJ
ftr-383	265	43	qualifying	qualifying	NOUN
ftr-383	265	44	for	for	ADP
ftr-383	265	45	exemption	exemption	NOUN
ftr-383	265	46	.	.	PUNCT
ftr-383	266	1	as	as	SCONJ
ftr-383	266	2	the	the	DET
ftr-383	266	3	jct	jct	PROPN
ftr-383	266	4	staff	staff	NOUN
ftr-383	266	5	report	report	NOUN
ftr-383	266	6	recognizes	recognize	VERB
ftr-383	266	7	,	,	PUNCT
ftr-383	266	8	however	however	ADV
ftr-383	266	9	,	,	PUNCT
ftr-383	266	10	the	the	DET
ftr-383	266	11	necessity	necessity	NOUN
ftr-383	266	12	of	of	ADP
ftr-383	266	13	such	such	DET
ftr-383	266	14	a	a	DET
ftr-383	266	15	transition	transition	NOUN
ftr-383	266	16	rule	rule	NOUN
ftr-383	266	17	introduces	introduce	VERB
ftr-383	266	18	an	an	DET
ftr-383	266	19	additional	additional	ADJ
ftr-383	266	20	layer	layer	NOUN
ftr-383	266	21	of	of	ADP
ftr-383	266	22	complexity	complexity	NOUN
ftr-383	266	23	.	.	PUNCT
ftr-383	267	1	if	if	SCONJ
ftr-383	267	2	the	the	DET
ftr-383	267	3	u.s	u.s	PROPN
ftr-383	267	4	.	.	PROPN
ftr-383	267	5	were	be	AUX
ftr-383	267	6	to	to	PART
ftr-383	267	7	adopt	adopt	VERB
ftr-383	267	8	the	the	DET
ftr-383	267	9	model	model	PROPN
ftr-383	267	10	wwi	wwi	PROPN
ftr-383	267	11	/	/	SYM
ftr-383	267	12	ftc	ftc	PROPN
ftr-383	267	13	system	system	NOUN
ftr-383	267	14	,	,	PUNCT
ftr-383	267	15	transition	transition	NOUN
ftr-383	267	16	rules	rule	NOUN
ftr-383	267	17	would	would	AUX
ftr-383	267	18	also	also	ADV
ftr-383	267	19	seem	seem	VERB
ftr-383	267	20	to	to	PART
ftr-383	267	21	be	be	AUX
ftr-383	267	22	required	require	VERB
ftr-383	267	23	.	.	PUNCT
ftr-383	268	1	that	that	PRON
ftr-383	268	2	is	be	AUX
ftr-383	268	3	,	,	PUNCT
ftr-383	268	4	post	post	ADJ
ftr-383	268	5	-	-	ADJ
ftr-383	268	6	effective	effective	ADJ
ftr-383	268	7	date	date	NOUN
ftr-383	268	8	income	income	NOUN
ftr-383	268	9	would	would	AUX
ftr-383	268	10	be	be	AUX
ftr-383	268	11	taxed	tax	VERB
ftr-383	268	12	currently	currently	ADV
ftr-383	268	13	,	,	PUNCT
ftr-383	268	14	but	but	CCONJ
ftr-383	268	15	tax	tax	NOUN
ftr-383	268	16	on	on	ADP
ftr-383	268	17	pre	pre	ADJ
ftr-383	268	18	-	-	ADJ
ftr-383	268	19	effective	effective	ADJ
ftr-383	268	20	date	date	NOUN
ftr-383	268	21	earnings	earning	NOUN
ftr-383	268	22	would	would	AUX
ftr-383	268	23	be	be	AUX
ftr-383	268	24	taxed	tax	VERB
ftr-383	268	25	only	only	ADV
ftr-383	268	26	when	when	SCONJ
ftr-383	268	27	repatriated	repatriate	VERB
ftr-383	268	28	.	.	PUNCT
ftr-383	269	1	again	again	ADV
ftr-383	269	2	,	,	PUNCT
ftr-383	269	3	additional	additional	ADJ
ftr-383	269	4	complexity	complexity	NOUN
ftr-383	269	5	is	be	AUX
ftr-383	269	6	introduced	introduce	VERB
ftr-383	269	7	by	by	ADP
ftr-383	269	8	the	the	DET
ftr-383	269	9	necessity	necessity	NOUN
ftr-383	269	10	for	for	ADP
ftr-383	269	11	transition	transition	NOUN
ftr-383	269	12	rules.37	rules.37	NOUN
ftr-383	269	13	j.	j.	PROPN
ftr-383	269	14	conclusion	conclusion	VERB
ftr-383	269	15	the	the	DET
ftr-383	269	16	assertion	assertion	NOUN
ftr-383	269	17	that	that	SCONJ
ftr-383	269	18	an	an	DET
ftr-383	269	19	exemption	exemption	NOUN
ftr-383	269	20	system	system	NOUN
ftr-383	269	21	is	be	AUX
ftr-383	269	22	less	less	ADV
ftr-383	269	23	complex	complex	ADJ
ftr-383	269	24	than	than	ADP
ftr-383	269	25	a	a	DET
ftr-383	269	26	model	model	NOUN
ftr-383	269	27	wwi	wwi	PROPN
ftr-383	269	28	/	/	SYM
ftr-383	269	29	ftc	ftc	PROPN
ftr-383	269	30	system	system	NOUN
ftr-383	269	31	simply	simply	ADV
ftr-383	269	32	will	will	AUX
ftr-383	269	33	not	not	PART
ftr-383	269	34	stand	stand	VERB
ftr-383	269	35	up	up	ADP
ftr-383	269	36	to	to	ADP
ftr-383	269	37	analysis	analysis	NOUN
ftr-383	269	38	.	.	PUNCT
ftr-383	270	1	indeed	indeed	ADV
ftr-383	270	2	,	,	PUNCT
ftr-383	270	3	it	it	PRON
ftr-383	270	4	does	do	AUX
ftr-383	270	5	not	not	PART
ftr-383	270	6	even	even	ADV
ftr-383	270	7	hold	hold	VERB
ftr-383	270	8	true	true	ADJ
ftr-383	270	9	as	as	SCONJ
ftr-383	270	10	compared	compare	VERB
ftr-383	270	11	to	to	ADP
ftr-383	270	12	the	the	DET
ftr-383	270	13	current	current	ADJ
ftr-383	270	14	u.s	u.s	PROPN
ftr-383	270	15	.	.	PROPN
ftr-383	270	16	rules	rule	NOUN
ftr-383	270	17	.	.	PUNCT
ftr-383	271	1	as	as	SCONJ
ftr-383	271	2	noted	note	VERB
ftr-383	271	3	above	above	ADV
ftr-383	271	4	,	,	PUNCT
ftr-383	271	5	in	in	ADP
ftr-383	271	6	several	several	ADJ
ftr-383	271	7	important	important	ADJ
ftr-383	271	8	areas	area	NOUN
ftr-383	271	9	,	,	PUNCT
ftr-383	271	10	the	the	DET
ftr-383	271	11	model	model	PROPN
ftr-383	271	12	wwi	wwi	PROPN
ftr-383	271	13	/	/	SYM
ftr-383	271	14	ftc	ftc	PROPN
ftr-383	271	15	system	system	NOUN
ftr-383	271	16	actually	actually	ADV
ftr-383	271	17	achieves	achieve	VERB
ftr-383	271	18	greater	great	ADJ
ftr-383	271	19	simplification	simplification	NOUN
ftr-383	271	20	than	than	SCONJ
ftr-383	271	21	does	do	VERB
ftr-383	271	22	an	an	DET
ftr-383	271	23	exemption	exemption	NOUN
ftr-383	271	24	system	system	NOUN
ftr-383	271	25	.	.	PUNCT
ftr-383	272	1	moreover	moreover	ADV
ftr-383	272	2	,	,	PUNCT
ftr-383	272	3	the	the	DET
ftr-383	272	4	panel	panel	NOUN
ftr-383	272	5	approach	approach	NOUN
ftr-383	272	6	involving	involve	VERB
ftr-383	272	7	the	the	DET
ftr-383	272	8	use	use	NOUN
ftr-383	272	9	of	of	ADP
ftr-383	272	10	an	an	DET
ftr-383	272	11	exemption	exemption	NOUN
ftr-383	272	12	system	system	NOUN
ftr-383	272	13	for	for	ADP
ftr-383	272	14	business	business	NOUN
ftr-383	272	15	income	income	NOUN
ftr-383	272	16	and	and	CCONJ
ftr-383	272	17	a	a	DET
ftr-383	272	18	wwi	wwi	PROPN
ftr-383	272	19	/	/	SYM
ftr-383	272	20	ftc	ftc	PROPN
ftr-383	272	21	system	system	NOUN
ftr-383	272	22	for	for	ADP
ftr-383	272	23	other	other	ADJ
ftr-383	272	24	income	income	NOUN
ftr-383	272	25	necessarily	necessarily	ADV
ftr-383	272	26	is	be	AUX
ftr-383	272	27	inherently	inherently	ADV
ftr-383	272	28	more	more	ADV
ftr-383	272	29	complex	complex	ADJ
ftr-383	272	30	than	than	SCONJ
ftr-383	272	31	either	either	CCONJ
ftr-383	272	32	current	current	ADJ
ftr-383	272	33	law	law	NOUN
ftr-383	272	34	or	or	CCONJ
ftr-383	272	35	the	the	DET
ftr-383	272	36	model	model	PROPN
ftr-383	272	37	wwi	wwi	PROPN
ftr-383	272	38	/	/	SYM
ftr-383	272	39	ftc	ftc	PROPN
ftr-383	272	40	system	system	NOUN
ftr-383	272	41	proposed	propose	VERB
ftr-383	272	42	here	here	ADV
ftr-383	272	43	,	,	PUNCT
ftr-383	272	44	as	as	SCONJ
ftr-383	272	45	taxpayers	taxpayer	NOUN
ftr-383	272	46	have	have	VERB
ftr-383	272	47	to	to	PART
ftr-383	272	48	comply	comply	VERB
ftr-383	272	49	with	with	ADP
ftr-383	272	50	two	two	NUM
ftr-383	272	51	different	different	ADJ
ftr-383	272	52	systems	system	NOUN
ftr-383	272	53	of	of	ADP
ftr-383	272	54	taxing	tax	VERB
ftr-383	272	55	foreign	foreign	ADJ
ftr-383	272	56	income	income	NOUN
ftr-383	272	57	.	.	PUNCT
ftr-383	273	1	2007	2007	NUM
ftr-383	273	2	territorial	territorial	ADJ
ftr-383	273	3	vs	vs	ADP
ftr-383	273	4	worldwide	worldwide	ADJ
ftr-383	273	5	international	international	ADJ
ftr-383	273	6	tax	tax	NOUN
ftr-383	273	7	systems	system	NOUN
ftr-383	273	8	297	297	NUM
ftr-383	273	9	38	38	NUM
ftr-383	273	10	.	.	PUNCT
ftr-383	274	1	for	for	ADP
ftr-383	274	2	a	a	DET
ftr-383	274	3	discussion	discussion	NOUN
ftr-383	274	4	of	of	ADP
ftr-383	274	5	the	the	DET
ftr-383	274	6	impact	impact	NOUN
ftr-383	274	7	of	of	ADP
ftr-383	274	8	these	these	DET
ftr-383	274	9	rules	rule	NOUN
ftr-383	274	10	in	in	ADP
ftr-383	274	11	the	the	DET
ftr-383	274	12	international	international	ADJ
ftr-383	274	13	context	context	NOUN
ftr-383	274	14	,	,	PUNCT
ftr-383	274	15	see	see	VERB
ftr-383	274	16	lawrence	lawrence	PROPN
ftr-383	274	17	lokken	lokken	PROPN
ftr-383	274	18	,	,	PUNCT
ftr-383	274	19	whatever	whatever	PRON
ftr-383	274	20	happened	happen	VERB
ftr-383	274	21	to	to	PART
ftr-383	274	22	subpart	subpart	VERB
ftr-383	274	23	f	f	PROPN
ftr-383	274	24	?	?	PUNCT
ftr-383	275	1	u.s	u.s	PROPN
ftr-383	275	2	.	.	PROPN
ftr-383	275	3	cfc	cfc	PROPN
ftr-383	275	4	legislation	legislation	NOUN
ftr-383	275	5	after	after	ADP
ftr-383	275	6	the	the	DET
ftr-383	275	7	check	check	VERB
ftr-383	275	8	-	-	PUNCT
ftr-383	275	9	the	the	DET
ftr-383	275	10	-	-	PUNCT
ftr-383	275	11	box	box	NOUN
ftr-383	275	12	regulations	regulation	NOUN
ftr-383	275	13	,	,	PUNCT
ftr-383	275	14	7	7	NUM
ftr-383	275	15	fla	fla	NOUN
ftr-383	275	16	.	.	PUNCT
ftr-383	276	1	tax	tax	PROPN
ftr-383	276	2	rev	rev	PROPN
ftr-383	276	3	.	.	PROPN
ftr-383	276	4	186	186	NUM
ftr-383	276	5	(	(	PUNCT
ftr-383	276	6	2005	2005	NUM
ftr-383	276	7	)	)	PUNCT
ftr-383	276	8	.	.	PUNCT
ftr-383	277	1	see	see	VERB
ftr-383	277	2	also	also	ADV
ftr-383	277	3	aba	aba	PROPN
ftr-383	277	4	task	task	NOUN
ftr-383	277	5	force	force	NOUN
ftr-383	277	6	,	,	PUNCT
ftr-383	277	7	supra	supra	PROPN
ftr-383	277	8	note	note	NOUN
ftr-383	277	9	3	3	NUM
ftr-383	277	10	,	,	PUNCT
ftr-383	277	11	at	at	ADP
ftr-383	277	12	668	668	NUM
ftr-383	277	13	;	;	PUNCT
ftr-383	277	14	lokken	lokken	VERB
ftr-383	277	15	,	,	PUNCT
ftr-383	277	16	supra	supra	PROPN
ftr-383	277	17	note	note	NOUN
ftr-383	277	18	2	2	NUM
ftr-383	277	19	,	,	PUNCT
ftr-383	277	20	at	at	ADP
ftr-383	277	21	759	759	NUM
ftr-383	277	22	-	-	SYM
ftr-383	277	23	64	64	NUM
ftr-383	277	24	;	;	PUNCT
ftr-383	277	25	paul	paul	PROPN
ftr-383	277	26	w.	w.	PROPN
ftr-383	277	27	oosterhuis	oosterhuis	PROPN
ftr-383	277	28	,	,	PUNCT
ftr-383	277	29	the	the	DET
ftr-383	277	30	evolution	evolution	NOUN
ftr-383	277	31	of	of	ADP
ftr-383	277	32	u.s	u.s	PROPN
ftr-383	277	33	.	.	PROPN
ftr-383	277	34	international	international	ADJ
ftr-383	277	35	tax	tax	NOUN
ftr-383	277	36	policy	policy	NOUN
ftr-383	277	37	–	–	PUNCT
ftr-383	277	38	what	what	PRON
ftr-383	277	39	would	would	AUX
ftr-383	277	40	larry	larry	PROPN
ftr-383	277	41	say	say	VERB
ftr-383	277	42	?	?	PUNCT
ftr-383	278	1	42	42	NUM
ftr-383	278	2	tax	tax	NOUN
ftr-383	278	3	notes	note	NOUN
ftr-383	278	4	int’l	int’l	ADJ
ftr-383	278	5	1119	1119	NUM
ftr-383	278	6	,	,	PUNCT
ftr-383	278	7	1124	1124	NUM
ftr-383	278	8	(	(	PUNCT
ftr-383	278	9	jun	jun	PROPN
ftr-383	278	10	.	.	PROPN
ftr-383	278	11	21	21	NUM
ftr-383	278	12	,	,	PUNCT
ftr-383	278	13	2006	2006	NUM
ftr-383	278	14	)	)	PUNCT
ftr-383	278	15	.	.	PUNCT
ftr-383	279	1	part	part	NOUN
ftr-383	279	2	iv	iv	X
ftr-383	279	3	the	the	DET
ftr-383	279	4	next	next	ADJ
ftr-383	279	5	issue	issue	NOUN
ftr-383	279	6	to	to	PART
ftr-383	279	7	be	be	AUX
ftr-383	279	8	addressed	address	VERB
ftr-383	279	9	is	be	AUX
ftr-383	279	10	whether	whether	SCONJ
ftr-383	279	11	efficiency	efficiency	NOUN
ftr-383	279	12	gains	gain	NOUN
ftr-383	279	13	would	would	AUX
ftr-383	279	14	be	be	AUX
ftr-383	279	15	realized	realize	VERB
ftr-383	279	16	by	by	ADP
ftr-383	279	17	changing	change	VERB
ftr-383	279	18	from	from	ADP
ftr-383	279	19	the	the	DET
ftr-383	279	20	present	present	ADJ
ftr-383	279	21	system	system	NOUN
ftr-383	279	22	to	to	ADP
ftr-383	279	23	a	a	DET
ftr-383	279	24	territorial	territorial	ADJ
ftr-383	279	25	system	system	NOUN
ftr-383	279	26	or	or	CCONJ
ftr-383	279	27	,	,	PUNCT
ftr-383	279	28	alternatively	alternatively	ADV
ftr-383	279	29	,	,	PUNCT
ftr-383	279	30	by	by	ADP
ftr-383	279	31	changing	change	VERB
ftr-383	279	32	from	from	ADP
ftr-383	279	33	the	the	DET
ftr-383	279	34	present	present	ADJ
ftr-383	279	35	system	system	NOUN
ftr-383	279	36	to	to	ADP
ftr-383	279	37	a	a	DET
ftr-383	279	38	model	model	ADJ
ftr-383	279	39	wwi	wwi	PROPN
ftr-383	279	40	/	/	SYM
ftr-383	279	41	ftc	ftc	PROPN
ftr-383	279	42	system	system	NOUN
ftr-383	279	43	.	.	PUNCT
ftr-383	280	1	there	there	PRON
ftr-383	280	2	may	may	AUX
ftr-383	280	3	be	be	AUX
ftr-383	280	4	a	a	DET
ftr-383	280	5	number	number	NOUN
ftr-383	280	6	of	of	ADP
ftr-383	280	7	different	different	ADJ
ftr-383	280	8	ways	way	NOUN
ftr-383	280	9	in	in	ADP
ftr-383	280	10	which	which	PRON
ftr-383	280	11	the	the	DET
ftr-383	280	12	term	term	NOUN
ftr-383	280	13	efficiency	efficiency	NOUN
ftr-383	280	14	is	be	AUX
ftr-383	280	15	used	use	VERB
ftr-383	280	16	.	.	PUNCT
ftr-383	281	1	for	for	ADP
ftr-383	281	2	definitional	definitional	ADJ
ftr-383	281	3	purposes	purpose	NOUN
ftr-383	281	4	in	in	ADP
ftr-383	281	5	this	this	DET
ftr-383	281	6	paper	paper	NOUN
ftr-383	281	7	,	,	PUNCT
ftr-383	281	8	the	the	DET
ftr-383	281	9	term	term	NOUN
ftr-383	281	10	shall	shall	AUX
ftr-383	281	11	refer	refer	VERB
ftr-383	281	12	to	to	ADP
ftr-383	281	13	a	a	DET
ftr-383	281	14	tax	tax	NOUN
ftr-383	281	15	system	system	NOUN
ftr-383	281	16	that	that	PRON
ftr-383	281	17	affects	affect	VERB
ftr-383	281	18	as	as	ADV
ftr-383	281	19	little	little	ADJ
ftr-383	281	20	as	as	ADP
ftr-383	281	21	possible	possible	ADJ
ftr-383	281	22	the	the	DET
ftr-383	281	23	nature	nature	NOUN
ftr-383	281	24	and	and	CCONJ
ftr-383	281	25	location	location	NOUN
ftr-383	281	26	of	of	ADP
ftr-383	281	27	business	business	NOUN
ftr-383	281	28	and	and	CCONJ
ftr-383	281	29	investment	investment	NOUN
ftr-383	281	30	activities	activity	NOUN
ftr-383	281	31	.	.	PUNCT
ftr-383	282	1	there	there	PRON
ftr-383	282	2	are	be	VERB
ftr-383	282	3	a	a	DET
ftr-383	282	4	number	number	NOUN
ftr-383	282	5	of	of	ADP
ftr-383	282	6	problems	problem	NOUN
ftr-383	282	7	with	with	ADP
ftr-383	282	8	the	the	DET
ftr-383	282	9	current	current	ADJ
ftr-383	282	10	u.s	u.s	PROPN
ftr-383	282	11	.	.	PROPN
ftr-383	282	12	international	international	ADJ
ftr-383	282	13	tax	tax	NOUN
ftr-383	282	14	rules	rule	NOUN
ftr-383	282	15	that	that	PRON
ftr-383	282	16	violate	violate	VERB
ftr-383	282	17	this	this	DET
ftr-383	282	18	efficiency	efficiency	NOUN
ftr-383	282	19	criterion	criterion	NOUN
ftr-383	282	20	.	.	PUNCT
ftr-383	283	1	in	in	ADP
ftr-383	283	2	no	no	DET
ftr-383	283	3	particular	particular	ADJ
ftr-383	283	4	order	order	NOUN
ftr-383	283	5	,	,	PUNCT
ftr-383	283	6	these	these	PRON
ftr-383	283	7	include	include	VERB
ftr-383	283	8	,	,	PUNCT
ftr-383	283	9	but	but	CCONJ
ftr-383	283	10	are	be	AUX
ftr-383	283	11	not	not	PART
ftr-383	283	12	limited	limit	VERB
ftr-383	283	13	to	to	ADP
ftr-383	283	14	,	,	PUNCT
ftr-383	283	15	(	(	PUNCT
ftr-383	283	16	1	1	X
ftr-383	283	17	)	)	PUNCT
ftr-383	283	18	use	use	NOUN
ftr-383	283	19	of	of	ADP
ftr-383	283	20	the	the	DET
ftr-383	283	21	check	check	VERB
ftr-383	283	22	-	-	PUNCT
ftr-383	283	23	the	the	DET
ftr-383	283	24	-	-	PUNCT
ftr-383	283	25	box	box	NOUN
ftr-383	283	26	rules	rule	NOUN
ftr-383	283	27	for	for	ADP
ftr-383	283	28	foreign	foreign	ADJ
ftr-383	283	29	subsidiaries	subsidiary	NOUN
ftr-383	283	30	;	;	PUNCT
ftr-383	283	31	(	(	PUNCT
ftr-383	283	32	2	2	X
ftr-383	283	33	)	)	PUNCT
ftr-383	283	34	the	the	DET
ftr-383	283	35	ability	ability	NOUN
ftr-383	283	36	of	of	ADP
ftr-383	283	37	a	a	DET
ftr-383	283	38	parent	parent	NOUN
ftr-383	283	39	company	company	NOUN
ftr-383	283	40	to	to	PART
ftr-383	283	41	borrow	borrow	VERB
ftr-383	283	42	in	in	ADP
ftr-383	283	43	the	the	DET
ftr-383	283	44	u.s	u.s	PROPN
ftr-383	283	45	.	.	PROPN
ftr-383	283	46	to	to	ADP
ftr-383	283	47	38	38	NUM
ftr-383	283	48	fund	fund	NOUN
ftr-383	283	49	foreign	foreign	ADJ
ftr-383	283	50	subsidiaries	subsidiary	NOUN
ftr-383	283	51	the	the	DET
ftr-383	283	52	tax	tax	NOUN
ftr-383	283	53	on	on	ADP
ftr-383	283	54	whose	whose	DET
ftr-383	283	55	income	income	NOUN
ftr-383	283	56	is	be	AUX
ftr-383	283	57	deferred	defer	VERB
ftr-383	283	58	but	but	CCONJ
ftr-383	283	59	the	the	DET
ftr-383	283	60	interest	interest	NOUN
ftr-383	283	61	on	on	ADP
ftr-383	283	62	the	the	DET
ftr-383	283	63	loan	loan	NOUN
ftr-383	283	64	is	be	AUX
ftr-383	283	65	fully	fully	ADV
ftr-383	283	66	deductible	deductible	ADJ
ftr-383	283	67	against	against	ADP
ftr-383	283	68	u.s	u.s	PROPN
ftr-383	283	69	.	.	PROPN
ftr-383	283	70	taxable	taxable	ADJ
ftr-383	283	71	income	income	NOUN
ftr-383	283	72	;	;	PUNCT
ftr-383	283	73	(	(	PUNCT
ftr-383	283	74	3	3	X
ftr-383	283	75	)	)	PUNCT
ftr-383	283	76	the	the	DET
ftr-383	283	77	deferral	deferral	ADJ
ftr-383	283	78	regime	regime	NOUN
ftr-383	283	79	itself	itself	PRON
ftr-383	283	80	;	;	PUNCT
ftr-383	283	81	(	(	PUNCT
ftr-383	283	82	4	4	X
ftr-383	283	83	)	)	PUNCT
ftr-383	283	84	the	the	DET
ftr-383	283	85	ability	ability	NOUN
ftr-383	283	86	to	to	PART
ftr-383	283	87	treat	treat	VERB
ftr-383	283	88	as	as	ADP
ftr-383	283	89	foreign	foreign	ADJ
ftr-383	283	90	source	source	NOUN
ftr-383	283	91	50	50	NUM
ftr-383	283	92	%	%	NOUN
ftr-383	283	93	of	of	ADP
ftr-383	283	94	export	export	NOUN
ftr-383	283	95	sales	sale	NOUN
ftr-383	283	96	income	income	NOUN
ftr-383	283	97	even	even	ADV
ftr-383	283	98	though	though	SCONJ
ftr-383	283	99	that	that	DET
ftr-383	283	100	income	income	NOUN
ftr-383	283	101	is	be	AUX
ftr-383	283	102	unlikely	unlikely	ADJ
ftr-383	283	103	to	to	PART
ftr-383	283	104	be	be	AUX
ftr-383	283	105	taxed	tax	VERB
ftr-383	283	106	in	in	ADP
ftr-383	283	107	the	the	DET
ftr-383	283	108	importing	import	VERB
ftr-383	283	109	country	country	NOUN
ftr-383	283	110	;	;	PUNCT
ftr-383	283	111	(	(	PUNCT
ftr-383	283	112	5	5	X
ftr-383	283	113	)	)	PUNCT
ftr-383	283	114	to	to	ADP
ftr-383	283	115	this	this	DET
ftr-383	283	116	observer	observer	NOUN
ftr-383	283	117	,	,	PUNCT
ftr-383	283	118	at	at	ADP
ftr-383	283	119	least	least	ADJ
ftr-383	283	120	,	,	PUNCT
ftr-383	283	121	insufficient	insufficient	ADJ
ftr-383	283	122	resources	resource	NOUN
ftr-383	283	123	devoted	devote	VERB
ftr-383	283	124	to	to	ADP
ftr-383	283	125	curbing	curb	VERB
ftr-383	283	126	aggressive	aggressive	ADJ
ftr-383	283	127	transfer	transfer	NOUN
ftr-383	283	128	pricing	pricing	NOUN
ftr-383	283	129	structures	structure	NOUN
ftr-383	283	130	;	;	PUNCT
ftr-383	283	131	and	and	CCONJ
ftr-383	283	132	(	(	PUNCT
ftr-383	283	133	6	6	X
ftr-383	283	134	)	)	PUNCT
ftr-383	283	135	the	the	DET
ftr-383	283	136	ability	ability	NOUN
ftr-383	283	137	to	to	PART
ftr-383	283	138	average	average	VERB
ftr-383	283	139	down	down	ADP
ftr-383	283	140	foreign	foreign	ADJ
ftr-383	283	141	taxes	taxis	NOUN
ftr-383	283	142	by	by	ADP
ftr-383	283	143	cross	cross	ADJ
ftr-383	283	144	-	-	ADJ
ftr-383	283	145	crediting	crediting	ADJ
ftr-383	283	146	low	low	ADJ
ftr-383	283	147	and	and	CCONJ
ftr-383	283	148	high	high	ADJ
ftr-383	283	149	tax	tax	NOUN
ftr-383	283	150	country	country	NOUN
ftr-383	283	151	taxes	taxis	NOUN
ftr-383	283	152	.	.	PUNCT
ftr-383	284	1	the	the	DET
ftr-383	284	2	result	result	NOUN
ftr-383	284	3	has	have	AUX
ftr-383	284	4	been	be	AUX
ftr-383	284	5	very	very	ADV
ftr-383	284	6	low	low	ADJ
ftr-383	284	7	effective	effective	ADJ
ftr-383	284	8	rates	rate	NOUN
ftr-383	284	9	of	of	ADP
ftr-383	284	10	u.s	u.s	PROPN
ftr-383	284	11	.	.	PROPN
ftr-383	284	12	tax	tax	NOUN
ftr-383	284	13	on	on	ADP
ftr-383	284	14	the	the	DET
ftr-383	284	15	foreign	foreign	ADJ
ftr-383	284	16	income	income	NOUN
ftr-383	284	17	of	of	ADP
ftr-383	284	18	u.s	u.s	PROPN
ftr-383	284	19	.	.	PROPN
ftr-383	284	20	companies	company	NOUN
ftr-383	284	21	.	.	PUNCT
ftr-383	285	1	two	two	NUM
ftr-383	285	2	competing	compete	VERB
ftr-383	285	3	notions	notion	NOUN
ftr-383	285	4	of	of	ADP
ftr-383	285	5	neutrality	neutrality	NOUN
ftr-383	285	6	have	have	AUX
ftr-383	285	7	been	be	AUX
ftr-383	285	8	employed	employ	VERB
ftr-383	285	9	in	in	ADP
ftr-383	285	10	assessing	assess	VERB
ftr-383	285	11	international	international	ADJ
ftr-383	285	12	tax	tax	NOUN
ftr-383	285	13	systems	system	NOUN
ftr-383	285	14	:	:	PUNCT
ftr-383	285	15	capital	capital	NOUN
ftr-383	285	16	export	export	NOUN
ftr-383	285	17	neutrality	neutrality	NOUN
ftr-383	285	18	(	(	PUNCT
ftr-383	285	19	cen	cen	PROPN
ftr-383	285	20	)	)	PUNCT
ftr-383	285	21	and	and	CCONJ
ftr-383	285	22	capital	capital	NOUN
ftr-383	285	23	import	import	NOUN
ftr-383	285	24	(	(	PUNCT
ftr-383	285	25	or	or	CCONJ
ftr-383	285	26	competitive	competitive	ADJ
ftr-383	285	27	)	)	PUNCT
ftr-383	285	28	neutrality	neutrality	NOUN
ftr-383	285	29	(	(	PUNCT
ftr-383	285	30	cin	cin	PROPN
ftr-383	285	31	)	)	PUNCT
ftr-383	285	32	.	.	PUNCT
ftr-383	286	1	the	the	DET
ftr-383	286	2	former	former	ADJ
ftr-383	286	3	is	be	AUX
ftr-383	286	4	associated	associate	VERB
ftr-383	286	5	with	with	ADP
ftr-383	286	6	a	a	DET
ftr-383	286	7	foreign	foreign	ADJ
ftr-383	286	8	tax	tax	NOUN
ftr-383	286	9	credit	credit	NOUN
ftr-383	286	10	mechanism	mechanism	NOUN
ftr-383	286	11	and	and	CCONJ
ftr-383	286	12	the	the	DET
ftr-383	286	13	latter	latter	ADJ
ftr-383	286	14	with	with	ADP
ftr-383	286	15	an	an	DET
ftr-383	286	16	exemption	exemption	NOUN
ftr-383	286	17	system	system	NOUN
ftr-383	286	18	.	.	PUNCT
ftr-383	287	1	the	the	DET
ftr-383	287	2	issue	issue	NOUN
ftr-383	287	3	is	be	AUX
ftr-383	287	4	whether	whether	SCONJ
ftr-383	287	5	both	both	PRON
ftr-383	287	6	of	of	ADP
ftr-383	287	7	these	these	DET
ftr-383	287	8	asserted	assert	VERB
ftr-383	287	9	neutralities	neutrality	NOUN
ftr-383	287	10	satisfy	satisfy	VERB
ftr-383	287	11	the	the	DET
ftr-383	287	12	efficiency	efficiency	NOUN
ftr-383	287	13	criterion	criterion	NOUN
ftr-383	287	14	set	set	VERB
ftr-383	287	15	forth	forth	ADV
ftr-383	287	16	above	above	ADV
ftr-383	287	17	.	.	PUNCT
ftr-383	288	1	the	the	DET
ftr-383	288	2	panel	panel	NOUN
ftr-383	288	3	report	report	NOUN
ftr-383	288	4	,	,	PUNCT
ftr-383	288	5	following	follow	VERB
ftr-383	288	6	earlier	early	ADJ
ftr-383	288	7	studies	study	NOUN
ftr-383	288	8	,	,	PUNCT
ftr-383	288	9	asserts	assert	VERB
ftr-383	288	10	that	that	SCONJ
ftr-383	288	11	shifting	shift	VERB
ftr-383	288	12	from	from	ADP
ftr-383	288	13	the	the	DET
ftr-383	288	14	present	present	ADJ
ftr-383	288	15	u.s	u.s	PROPN
ftr-383	288	16	.	.	PROPN
ftr-383	288	17	system	system	NOUN
ftr-383	288	18	to	to	ADP
ftr-383	288	19	an	an	DET
ftr-383	288	20	exemption	exemption	NOUN
ftr-383	288	21	system	system	NOUN
ftr-383	288	22	would	would	AUX
ftr-383	288	23	have	have	VERB
ftr-383	288	24	little	little	ADJ
ftr-383	288	25	impact	impact	NOUN
ftr-383	288	26	in	in	ADP
ftr-383	288	27	terms	term	NOUN
ftr-383	288	28	of	of	ADP
ftr-383	288	29	the	the	DET
ftr-383	288	30	decisions	decision	NOUN
ftr-383	288	31	by	by	ADP
ftr-383	288	32	u.s	u.s	PROPN
ftr-383	288	33	.	.	PROPN
ftr-383	288	34	companies	company	NOUN
ftr-383	288	35	to	to	PART
ftr-383	288	36	locate	locate	VERB
ftr-383	288	37	in	in	ADP
ftr-383	288	38	lowor	lowor	ADJ
ftr-383	288	39	no	no	PROPN
ftr-383	288	40	-	-	PUNCT
ftr-383	288	41	tax	tax	NOUN
ftr-383	288	42	countries	country	NOUN
ftr-383	288	43	.	.	PUNCT
ftr-383	289	1	even	even	ADV
ftr-383	289	2	if	if	SCONJ
ftr-383	289	3	one	one	NOUN
ftr-383	289	4	accepts	accept	VERB
ftr-383	289	5	that	that	DET
ftr-383	289	6	view	view	NOUN
ftr-383	289	7	,	,	PUNCT
ftr-383	289	8	it	it	PRON
ftr-383	289	9	does	do	AUX
ftr-383	289	10	not	not	PART
ftr-383	289	11	lead	lead	VERB
ftr-383	289	12	to	to	ADP
ftr-383	289	13	the	the	DET
ftr-383	289	14	conclusion	conclusion	NOUN
ftr-383	289	15	that	that	SCONJ
ftr-383	289	16	adopting	adopt	VERB
ftr-383	289	17	an	an	DET
ftr-383	289	18	exemption	exemption	NOUN
ftr-383	289	19	system	system	NOUN
ftr-383	289	20	is	be	AUX
ftr-383	289	21	a	a	DET
ftr-383	289	22	desirable	desirable	ADJ
ftr-383	289	23	policy	policy	NOUN
ftr-383	289	24	for	for	ADP
ftr-383	289	25	the	the	DET
ftr-383	289	26	u.s	u.s	PROPN
ftr-383	289	27	.	.	PROPN
ftr-383	289	28	all	all	DET
ftr-383	289	29	these	these	DET
ftr-383	289	30	studies	study	NOUN
ftr-383	289	31	tell	tell	VERB
ftr-383	289	32	us	we	PRON
ftr-383	289	33	is	be	AUX
ftr-383	289	34	that	that	SCONJ
ftr-383	289	35	the	the	DET
ftr-383	289	36	u.s	u.s	PROPN
ftr-383	289	37	.	.	PROPN
ftr-383	289	38	wwi	wwi	PROPN
ftr-383	289	39	/	/	SYM
ftr-383	289	40	ftc	ftc	PROPN
ftr-383	289	41	system	system	NOUN
ftr-383	289	42	is	be	AUX
ftr-383	289	43	deeply	deeply	ADV
ftr-383	289	44	flawed	flawed	ADJ
ftr-383	289	45	.	.	PUNCT
ftr-383	290	1	one	one	PRON
ftr-383	290	2	can	can	AUX
ftr-383	290	3	gain	gain	VERB
ftr-383	290	4	perspective	perspective	NOUN
ftr-383	290	5	on	on	ADP
ftr-383	290	6	the	the	DET
ftr-383	290	7	efficiency	efficiency	NOUN
ftr-383	290	8	issue	issue	NOUN
ftr-383	290	9	only	only	ADV
ftr-383	290	10	if	if	SCONJ
ftr-383	290	11	the	the	DET
ftr-383	290	12	comparison	comparison	NOUN
ftr-383	290	13	is	be	AUX
ftr-383	290	14	made	make	VERB
ftr-383	290	15	between	between	ADP
ftr-383	290	16	an	an	DET
ftr-383	290	17	exemption	exemption	NOUN
ftr-383	290	18	system	system	NOUN
ftr-383	290	19	and	and	CCONJ
ftr-383	290	20	the	the	DET
ftr-383	290	21	model	model	PROPN
ftr-383	290	22	wwi	wwi	PROPN
ftr-383	290	23	/	/	SYM
ftr-383	290	24	ftc	ftc	PROPN
ftr-383	290	25	system	system	NOUN
ftr-383	290	26	outlined	outline	VERB
ftr-383	290	27	earlier	early	ADV
ftr-383	290	28	in	in	ADP
ftr-383	290	29	this	this	DET
ftr-383	290	30	paper	paper	NOUN
ftr-383	290	31	.	.	PUNCT
ftr-383	291	1	the	the	DET
ftr-383	291	2	model	model	PROPN
ftr-383	291	3	wwi	wwi	PROPN
ftr-383	291	4	/	/	SYM
ftr-383	291	5	ftc	ftc	PROPN
ftr-383	291	6	system	system	NOUN
ftr-383	291	7	generally	generally	ADV
ftr-383	291	8	achieves	achieve	VERB
ftr-383	291	9	cen	cen	NOUN
ftr-383	291	10	while	while	SCONJ
ftr-383	291	11	the	the	DET
ftr-383	291	12	exemption	exemption	NOUN
ftr-383	291	13	system	system	NOUN
ftr-383	291	14	generally	generally	ADV
ftr-383	291	15	would	would	AUX
ftr-383	291	16	achieve	achieve	VERB
ftr-383	291	17	cin	cin	PROPN
ftr-383	291	18	.	.	PUNCT
ftr-383	292	1	i	i	PRON
ftr-383	292	2	298	298	NUM
ftr-383	292	3	florida	florida	PROPN
ftr-383	292	4	tax	tax	NOUN
ftr-383	292	5	review	review	NOUN
ftr-383	292	6	[	[	X
ftr-383	292	7	vol	vol	NOUN
ftr-383	292	8	.	.	PUNCT
ftr-383	292	9	8:3	8:3	NUM
ftr-383	292	10	39	39	NUM
ftr-383	292	11	.	.	PUNCT
ftr-383	293	1	see	see	VERB
ftr-383	293	2	dan	dan	PROPN
ftr-383	293	3	r.	r.	PROPN
ftr-383	293	4	mastromarco	mastromarco	PROPN
ftr-383	293	5	,	,	PUNCT
ftr-383	293	6	u.s	u.s	PROPN
ftr-383	293	7	.	.	PROPN
ftr-383	293	8	international	international	ADJ
ftr-383	293	9	tax	tax	NOUN
ftr-383	293	10	reform	reform	NOUN
ftr-383	293	11	?	?	PUNCT
ftr-383	294	1	define	define	VERB
ftr-383	294	2	‘	'	PUNCT
ftr-383	294	3	reform	reform	NOUN
ftr-383	294	4	’	'	PUNCT
ftr-383	294	5	for	for	ADP
ftr-383	294	6	me	i	PRON
ftr-383	294	7	,	,	PUNCT
ftr-383	294	8	43	43	NUM
ftr-383	294	9	tax	tax	NOUN
ftr-383	294	10	notes	note	NOUN
ftr-383	294	11	int’l	int’l	NOUN
ftr-383	294	12	481	481	NUM
ftr-383	294	13	,	,	PUNCT
ftr-383	294	14	487	487	NUM
ftr-383	294	15	(	(	PUNCT
ftr-383	294	16	aug	aug	PROPN
ftr-383	294	17	.	.	PROPN
ftr-383	294	18	7	7	NUM
ftr-383	294	19	,	,	PUNCT
ftr-383	294	20	2006	2006	NUM
ftr-383	294	21	)	)	PUNCT
ftr-383	294	22	.	.	PUNCT
ftr-383	295	1	40	40	NUM
ftr-383	295	2	.	.	PUNCT
ftr-383	296	1	see	see	VERB
ftr-383	296	2	aba	aba	PROPN
ftr-383	296	3	task	task	PROPN
ftr-383	296	4	force	force	NOUN
ftr-383	296	5	,	,	PUNCT
ftr-383	296	6	supra	supra	PROPN
ftr-383	296	7	note	note	NOUN
ftr-383	296	8	3	3	NUM
ftr-383	296	9	,	,	PUNCT
ftr-383	296	10	at	at	ADP
ftr-383	296	11	665	665	NUM
ftr-383	296	12	.	.	PUNCT
ftr-383	297	1	41	41	NUM
ftr-383	297	2	.	.	PUNCT
ftr-383	298	1	see	see	VERB
ftr-383	298	2	united	united	PROPN
ftr-383	298	3	states	states	PROPN
ftr-383	298	4	department	department	PROPN
ftr-383	298	5	of	of	ADP
ftr-383	298	6	treasury	treasury	PROPN
ftr-383	298	7	,	,	PUNCT
ftr-383	298	8	supra	supra	PROPN
ftr-383	298	9	note	note	NOUN
ftr-383	298	10	3	3	NUM
ftr-383	298	11	,	,	PUNCT
ftr-383	298	12	at	at	ADP
ftr-383	298	13	23	23	NUM
ftr-383	298	14	.	.	PUNCT
ftr-383	299	1	have	have	AUX
ftr-383	299	2	defined	define	VERB
ftr-383	299	3	efficiency	efficiency	NOUN
ftr-383	299	4	as	as	ADP
ftr-383	299	5	including	include	VERB
ftr-383	299	6	minimization	minimization	NOUN
ftr-383	299	7	of	of	ADP
ftr-383	299	8	the	the	DET
ftr-383	299	9	tax	tax	NOUN
ftr-383	299	10	impact	impact	NOUN
ftr-383	299	11	on	on	ADP
ftr-383	299	12	business	business	NOUN
ftr-383	299	13	location	location	NOUN
ftr-383	299	14	decisions	decision	NOUN
ftr-383	299	15	.	.	PUNCT
ftr-383	300	1	the	the	DET
ftr-383	300	2	model	model	PROPN
ftr-383	300	3	wwi	wwi	PROPN
ftr-383	300	4	/	/	SYM
ftr-383	300	5	ftc	ftc	PROPN
ftr-383	300	6	system	system	NOUN
ftr-383	300	7	comes	come	VERB
ftr-383	300	8	closer	close	ADV
ftr-383	300	9	to	to	ADP
ftr-383	300	10	achieving	achieve	VERB
ftr-383	300	11	efficiency	efficiency	NOUN
ftr-383	300	12	than	than	ADP
ftr-383	300	13	the	the	DET
ftr-383	300	14	proposed	propose	VERB
ftr-383	300	15	exemption	exemption	NOUN
ftr-383	300	16	system	system	NOUN
ftr-383	300	17	.	.	PUNCT
ftr-383	301	1	that	that	ADV
ftr-383	301	2	is	is	ADV
ftr-383	301	3	,	,	PUNCT
ftr-383	301	4	the	the	DET
ftr-383	301	5	decision	decision	NOUN
ftr-383	301	6	whether	whether	SCONJ
ftr-383	301	7	to	to	PART
ftr-383	301	8	carry	carry	VERB
ftr-383	301	9	on	on	ADP
ftr-383	301	10	business	business	NOUN
ftr-383	301	11	or	or	CCONJ
ftr-383	301	12	invest	invest	VERB
ftr-383	301	13	in	in	ADP
ftr-383	301	14	the	the	DET
ftr-383	301	15	u.s	u.s	PROPN
ftr-383	301	16	.	.	PROPN
ftr-383	301	17	or	or	CCONJ
ftr-383	301	18	another	another	DET
ftr-383	301	19	country	country	NOUN
ftr-383	301	20	generally	generally	ADV
ftr-383	301	21	would	would	AUX
ftr-383	301	22	be	be	AUX
ftr-383	301	23	unaffected	unaffected	ADJ
ftr-383	301	24	by	by	ADP
ftr-383	301	25	u.s	u.s	PROPN
ftr-383	301	26	.	.	PROPN
ftr-383	301	27	income	income	NOUN
ftr-383	301	28	tax	tax	NOUN
ftr-383	301	29	rules	rule	NOUN
ftr-383	301	30	in	in	ADP
ftr-383	301	31	the	the	DET
ftr-383	301	32	model	model	NOUN
ftr-383	301	33	wwi	wwi	PROPN
ftr-383	301	34	/	/	SYM
ftr-383	301	35	ftc	ftc	PROPN
ftr-383	301	36	system	system	NOUN
ftr-383	301	37	.	.	PUNCT
ftr-383	302	1	there	there	PRON
ftr-383	302	2	would	would	AUX
ftr-383	302	3	be	be	AUX
ftr-383	302	4	no	no	DET
ftr-383	302	5	incentive	incentive	NOUN
ftr-383	302	6	to	to	PART
ftr-383	302	7	invest	invest	VERB
ftr-383	302	8	or	or	CCONJ
ftr-383	302	9	do	do	VERB
ftr-383	302	10	business	business	NOUN
ftr-383	302	11	in	in	ADP
ftr-383	302	12	a	a	DET
ftr-383	302	13	lowor	lowor	ADJ
ftr-383	302	14	no	no	DET
ftr-383	302	15	-	-	PUNCT
ftr-383	302	16	tax	tax	NOUN
ftr-383	302	17	country	country	NOUN
ftr-383	302	18	because	because	SCONJ
ftr-383	302	19	,	,	PUNCT
ftr-383	302	20	regardless	regardless	ADV
ftr-383	302	21	of	of	ADP
ftr-383	302	22	location	location	NOUN
ftr-383	302	23	,	,	PUNCT
ftr-383	302	24	the	the	DET
ftr-383	302	25	u.s	u.s	PROPN
ftr-383	302	26	.	.	PROPN
ftr-383	302	27	tax	tax	NOUN
ftr-383	302	28	would	would	AUX
ftr-383	302	29	be	be	AUX
ftr-383	302	30	imposed	impose	VERB
ftr-383	302	31	.	.	PUNCT
ftr-383	303	1	this	this	DET
ftr-383	303	2	result	result	NOUN
ftr-383	303	3	would	would	AUX
ftr-383	303	4	be	be	AUX
ftr-383	303	5	reinforced	reinforce	VERB
ftr-383	303	6	by	by	ADP
ftr-383	303	7	adopting	adopt	VERB
ftr-383	303	8	a	a	DET
ftr-383	303	9	per	per	X
ftr-383	303	10	country	country	NOUN
ftr-383	303	11	limitation	limitation	NOUN
ftr-383	303	12	for	for	ADP
ftr-383	303	13	ftc	ftc	PROPN
ftr-383	303	14	purposes	purpose	NOUN
ftr-383	303	15	.	.	PUNCT
ftr-383	304	1	there	there	PRON
ftr-383	304	2	is	be	VERB
ftr-383	304	3	one	one	NUM
ftr-383	304	4	deviation	deviation	NOUN
ftr-383	304	5	from	from	ADP
ftr-383	304	6	a	a	DET
ftr-383	304	7	pure	pure	ADJ
ftr-383	304	8	cen	cen	NOUN
ftr-383	304	9	approach	approach	NOUN
ftr-383	304	10	that	that	PRON
ftr-383	304	11	is	be	AUX
ftr-383	304	12	accepted	accept	VERB
ftr-383	304	13	in	in	ADP
ftr-383	304	14	the	the	DET
ftr-383	304	15	model	model	NOUN
ftr-383	304	16	wwi	wwi	PROPN
ftr-383	304	17	/	/	SYM
ftr-383	304	18	ftc	ftc	PROPN
ftr-383	304	19	system	system	NOUN
ftr-383	304	20	proposed	propose	VERB
ftr-383	304	21	here	here	ADV
ftr-383	304	22	.	.	PUNCT
ftr-383	305	1	a	a	DET
ftr-383	305	2	completely	completely	ADV
ftr-383	305	3	implemented	implement	VERB
ftr-383	305	4	cen	cen	NOUN
ftr-383	305	5	policy	policy	NOUN
ftr-383	305	6	would	would	AUX
ftr-383	305	7	require	require	VERB
ftr-383	305	8	that	that	SCONJ
ftr-383	305	9	the	the	DET
ftr-383	305	10	u	u	PROPN
ftr-383	305	11	..	..	PUNCT
ftr-383	305	12	s.	s.	PROPN
ftr-383	305	13	refund	refund	VERB
ftr-383	305	14	all	all	DET
ftr-383	305	15	foreign	foreign	ADJ
ftr-383	305	16	taxes	taxis	NOUN
ftr-383	305	17	in	in	ADP
ftr-383	305	18	excess	excess	NOUN
ftr-383	305	19	of	of	ADP
ftr-383	305	20	the	the	DET
ftr-383	305	21	u.s	u.s	PROPN
ftr-383	305	22	.	.	PROPN
ftr-383	305	23	tax	tax	NOUN
ftr-383	305	24	on	on	ADP
ftr-383	305	25	foreign	foreign	ADJ
ftr-383	305	26	source	source	NOUN
ftr-383	305	27	income	income	NOUN
ftr-383	305	28	.	.	PUNCT
ftr-383	306	1	such	such	DET
ftr-383	306	2	a	a	DET
ftr-383	306	3	rule	rule	NOUN
ftr-383	306	4	,	,	PUNCT
ftr-383	306	5	of	of	ADP
ftr-383	306	6	course	course	NOUN
ftr-383	306	7	,	,	PUNCT
ftr-383	306	8	would	would	AUX
ftr-383	306	9	put	put	VERB
ftr-383	306	10	u.s	u.s	PROPN
ftr-383	306	11	.	.	PROPN
ftr-383	306	12	revenues	revenue	NOUN
ftr-383	306	13	completely	completely	ADV
ftr-383	306	14	at	at	ADP
ftr-383	306	15	the	the	DET
ftr-383	306	16	mercy	mercy	NOUN
ftr-383	306	17	of	of	ADP
ftr-383	306	18	foreign	foreign	ADJ
ftr-383	306	19	countries	country	NOUN
ftr-383	306	20	’	'	PUNCT
ftr-383	306	21	tax	tax	NOUN
ftr-383	306	22	rates	rate	NOUN
ftr-383	306	23	.	.	PUNCT
ftr-383	307	1	neither	neither	CCONJ
ftr-383	307	2	the	the	DET
ftr-383	307	3	u.s	u.s	PROPN
ftr-383	307	4	.	.	PROPN
ftr-383	307	5	nor	nor	CCONJ
ftr-383	307	6	any	any	DET
ftr-383	307	7	other	other	ADJ
ftr-383	307	8	ftc	ftc	PROPN
ftr-383	307	9	country	country	NOUN
ftr-383	307	10	will	will	AUX
ftr-383	307	11	accept	accept	VERB
ftr-383	307	12	or	or	CCONJ
ftr-383	307	13	has	have	AUX
ftr-383	307	14	accepted	accept	VERB
ftr-383	307	15	this	this	DET
ftr-383	307	16	result	result	NOUN
ftr-383	307	17	.	.	PUNCT
ftr-383	308	1	accordingly	accordingly	ADV
ftr-383	308	2	,	,	PUNCT
ftr-383	308	3	the	the	DET
ftr-383	308	4	model	model	PROPN
ftr-383	308	5	wwi	wwi	PROPN
ftr-383	308	6	/	/	SYM
ftr-383	308	7	ftc	ftc	PROPN
ftr-383	308	8	system	system	NOUN
ftr-383	308	9	does	do	AUX
ftr-383	308	10	accept	accept	VERB
ftr-383	308	11	that	that	SCONJ
ftr-383	308	12	the	the	DET
ftr-383	308	13	u.s	u.s	PROPN
ftr-383	308	14	.	.	PROPN
ftr-383	308	15	will	will	AUX
ftr-383	308	16	limit	limit	VERB
ftr-383	308	17	the	the	DET
ftr-383	308	18	allowable	allowable	ADJ
ftr-383	308	19	ftc	ftc	PROPN
ftr-383	308	20	to	to	ADP
ftr-383	308	21	the	the	DET
ftr-383	308	22	u.s	u.s	PROPN
ftr-383	308	23	.	.	PROPN
ftr-383	308	24	tax	tax	NOUN
ftr-383	308	25	on	on	ADP
ftr-383	308	26	foreign	foreign	ADJ
ftr-383	308	27	source	source	NOUN
ftr-383	308	28	income	income	NOUN
ftr-383	308	29	,	,	PUNCT
ftr-383	308	30	albeit	albeit	SCONJ
ftr-383	308	31	imposed	impose	VERB
ftr-383	308	32	on	on	ADP
ftr-383	308	33	a	a	DET
ftr-383	308	34	per	per	X
ftr-383	308	35	country	country	NOUN
ftr-383	308	36	basis	basis	NOUN
ftr-383	308	37	to	to	PART
ftr-383	308	38	prevent	prevent	VERB
ftr-383	308	39	averaging	averaging	NOUN
ftr-383	308	40	between	between	ADP
ftr-383	308	41	highand	highand	PROPN
ftr-383	308	42	lowor	lowor	PROPN
ftr-383	308	43	no	no	DET
ftr-383	308	44	-	-	PUNCT
ftr-383	308	45	tax	tax	NOUN
ftr-383	308	46	countries	country	NOUN
ftr-383	308	47	.	.	PUNCT
ftr-383	309	1	as	as	SCONJ
ftr-383	309	2	compared	compare	VERB
ftr-383	309	3	to	to	ADP
ftr-383	309	4	the	the	DET
ftr-383	309	5	cen	cen	PROPN
ftr-383	309	6	model	model	PROPN
ftr-383	309	7	,	,	PUNCT
ftr-383	309	8	cin	cin	PROPN
ftr-383	309	9	does	do	AUX
ftr-383	309	10	not	not	PART
ftr-383	309	11	satisfy	satisfy	VERB
ftr-383	309	12	the	the	DET
ftr-383	309	13	efficiency	efficiency	NOUN
ftr-383	309	14	criterion	criterion	NOUN
ftr-383	309	15	as	as	SCONJ
ftr-383	309	16	i	i	PRON
ftr-383	309	17	have	have	AUX
ftr-383	309	18	defined	define	VERB
ftr-383	309	19	it	it	PRON
ftr-383	309	20	.	.	PUNCT
ftr-383	310	1	there	there	PRON
ftr-383	310	2	is	be	VERB
ftr-383	310	3	an	an	DET
ftr-383	310	4	inherent	inherent	ADJ
ftr-383	310	5	bias	bias	NOUN
ftr-383	310	6	in	in	ADP
ftr-383	310	7	favor	favor	NOUN
ftr-383	310	8	of	of	ADP
ftr-383	310	9	investing	invest	VERB
ftr-383	310	10	or	or	CCONJ
ftr-383	310	11	carrying	carry	VERB
ftr-383	310	12	on	on	ADP
ftr-383	310	13	business	business	NOUN
ftr-383	310	14	in	in	ADP
ftr-383	310	15	countries	country	NOUN
ftr-383	310	16	with	with	ADP
ftr-383	310	17	a	a	DET
ftr-383	310	18	tax	tax	NOUN
ftr-383	310	19	rate	rate	NOUN
ftr-383	310	20	lower	low	ADJ
ftr-383	310	21	than	than	ADP
ftr-383	310	22	that	that	PRON
ftr-383	310	23	of	of	ADP
ftr-383	310	24	the	the	DET
ftr-383	310	25	residence	residence	NOUN
ftr-383	310	26	country	country	NOUN
ftr-383	310	27	.	.	PUNCT
ftr-383	311	1	in	in	ADP
ftr-383	311	2	addition	addition	NOUN
ftr-383	311	3	,	,	PUNCT
ftr-383	311	4	it	it	PRON
ftr-383	311	5	is	be	AUX
ftr-383	311	6	unlikely	unlikely	ADJ
ftr-383	311	7	that	that	SCONJ
ftr-383	311	8	an	an	DET
ftr-383	311	9	exemption	exemption	NOUN
ftr-383	311	10	system	system	NOUN
ftr-383	311	11	can	can	AUX
ftr-383	311	12	achieve	achieve	VERB
ftr-383	311	13	its	its	PRON
ftr-383	311	14	stated	state	VERB
ftr-383	311	15	goal	goal	NOUN
ftr-383	311	16	of	of	ADP
ftr-383	311	17	insuring	insure	VERB
ftr-383	311	18	that	that	SCONJ
ftr-383	311	19	a	a	DET
ftr-383	311	20	residence	residence	NOUN
ftr-383	311	21	company	company	NOUN
ftr-383	311	22	can	can	AUX
ftr-383	311	23	do	do	VERB
ftr-383	311	24	business	business	NOUN
ftr-383	311	25	in	in	ADP
ftr-383	311	26	another	another	DET
ftr-383	311	27	country	country	NOUN
ftr-383	311	28	and	and	CCONJ
ftr-383	311	29	face	face	VERB
ftr-383	311	30	the	the	DET
ftr-383	311	31	same	same	ADJ
ftr-383	311	32	tax	tax	NOUN
ftr-383	311	33	rate	rate	NOUN
ftr-383	311	34	as	as	ADP
ftr-383	311	35	its	its	PRON
ftr-383	311	36	local	local	ADJ
ftr-383	311	37	or	or	CCONJ
ftr-383	311	38	third	third	ADJ
ftr-383	311	39	country	country	NOUN
ftr-383	311	40	competitors	competitor	NOUN
ftr-383	311	41	operating	operate	VERB
ftr-383	311	42	in	in	ADP
ftr-383	311	43	the	the	DET
ftr-383	311	44	source	source	NOUN
ftr-383	311	45	country	country	NOUN
ftr-383	311	46	.	.	PUNCT
ftr-383	312	1	this	this	DET
ftr-383	312	2	failure	failure	NOUN
ftr-383	312	3	is	be	AUX
ftr-383	312	4	due	due	ADJ
ftr-383	312	5	to	to	ADP
ftr-383	312	6	the	the	DET
ftr-383	312	7	fact	fact	NOUN
ftr-383	312	8	that	that	SCONJ
ftr-383	312	9	an	an	DET
ftr-383	312	10	exemption	exemption	NOUN
ftr-383	312	11	system	system	NOUN
ftr-383	312	12	will	will	AUX
ftr-383	312	13	“	"	PUNCT
ftr-383	312	14	work	work	VERB
ftr-383	312	15	”	"	PUNCT
ftr-383	312	16	only	only	ADV
ftr-383	312	17	if	if	SCONJ
ftr-383	312	18	all	all	DET
ftr-383	312	19	countries	country	NOUN
ftr-383	312	20	employ	employ	VERB
ftr-383	312	21	an	an	DET
ftr-383	312	22	exemption	exemption	NOUN
ftr-383	312	23	system	system	NOUN
ftr-383	312	24	and	and	CCONJ
ftr-383	312	25	have	have	VERB
ftr-383	312	26	identical	identical	ADJ
ftr-383	312	27	tax	tax	NOUN
ftr-383	312	28	rates	rate	NOUN
ftr-383	312	29	,	,	PUNCT
ftr-383	312	30	conditions	condition	NOUN
ftr-383	312	31	obviously	obviously	ADV
ftr-383	312	32	not	not	PART
ftr-383	312	33	now	now	ADV
ftr-383	312	34	met	meet	VERB
ftr-383	312	35	or	or	CCONJ
ftr-383	312	36	ever	ever	ADV
ftr-383	312	37	likely	likely	ADJ
ftr-383	312	38	to	to	PART
ftr-383	312	39	be	be	AUX
ftr-383	312	40	met.39	met.39	NOUN
ftr-383	312	41	to	to	ADP
ftr-383	312	42	a	a	DET
ftr-383	312	43	non	non	ADJ
ftr-383	312	44	-	-	NOUN
ftr-383	312	45	economist	economist	NOUN
ftr-383	312	46	,	,	PUNCT
ftr-383	312	47	it	it	PRON
ftr-383	312	48	is	be	AUX
ftr-383	312	49	puzzling	puzzle	VERB
ftr-383	312	50	why	why	SCONJ
ftr-383	312	51	a	a	DET
ftr-383	312	52	territorial	territorial	ADJ
ftr-383	312	53	system	system	NOUN
ftr-383	312	54	would	would	AUX
ftr-383	312	55	be	be	AUX
ftr-383	312	56	seen	see	VERB
ftr-383	312	57	as	as	ADP
ftr-383	312	58	preferable	preferable	ADJ
ftr-383	312	59	to	to	ADP
ftr-383	312	60	a	a	DET
ftr-383	312	61	model	model	ADJ
ftr-383	312	62	wwi	wwi	PROPN
ftr-383	312	63	/	/	SYM
ftr-383	312	64	ftc	ftc	PROPN
ftr-383	312	65	system	system	NOUN
ftr-383	312	66	.	.	PUNCT
ftr-383	313	1	it	it	PRON
ftr-383	313	2	seems	seem	VERB
ftr-383	313	3	clear	clear	ADJ
ftr-383	313	4	that	that	SCONJ
ftr-383	313	5	whereas	whereas	SCONJ
ftr-383	313	6	the	the	DET
ftr-383	313	7	model	model	NOUN
ftr-383	313	8	system	system	NOUN
ftr-383	313	9	would	would	AUX
ftr-383	313	10	not	not	PART
ftr-383	313	11	favor	favor	VERB
ftr-383	313	12	locating	locate	VERB
ftr-383	313	13	business	business	NOUN
ftr-383	313	14	or	or	CCONJ
ftr-383	313	15	investment	investment	NOUN
ftr-383	313	16	abroad	abroad	ADV
ftr-383	313	17	at	at	ADP
ftr-383	313	18	the	the	DET
ftr-383	313	19	expense	expense	NOUN
ftr-383	313	20	of	of	ADP
ftr-383	313	21	u.s	u.s	PROPN
ftr-383	313	22	.	.	PROPN
ftr-383	313	23	workers	worker	NOUN
ftr-383	313	24	,	,	PUNCT
ftr-383	313	25	an	an	DET
ftr-383	313	26	exemption	exemption	NOUN
ftr-383	313	27	system	system	NOUN
ftr-383	313	28	would	would	AUX
ftr-383	313	29	create	create	VERB
ftr-383	313	30	just	just	ADV
ftr-383	313	31	such	such	DET
ftr-383	313	32	an	an	DET
ftr-383	313	33	incentive	incentive	NOUN
ftr-383	313	34	in	in	ADP
ftr-383	313	35	a	a	DET
ftr-383	313	36	world	world	NOUN
ftr-383	313	37	where	where	SCONJ
ftr-383	313	38	there	there	PRON
ftr-383	313	39	are	be	VERB
ftr-383	313	40	a	a	DET
ftr-383	313	41	substantial	substantial	ADJ
ftr-383	313	42	number	number	NOUN
ftr-383	313	43	of	of	ADP
ftr-383	313	44	lowand	lowand	ADJ
ftr-383	313	45	no	no	DET
ftr-383	313	46	-	-	PUNCT
ftr-383	313	47	tax	tax	NOUN
ftr-383	313	48	countries	country	NOUN
ftr-383	313	49	.	.	PUNCT
ftr-383	314	1	as	as	SCONJ
ftr-383	314	2	a	a	DET
ftr-383	314	3	treasury	treasury	NOUN
ftr-383	314	4	study	study	NOUN
ftr-383	314	5	concluded	conclude	VERB
ftr-383	314	6	,	,	PUNCT
ftr-383	314	7	cen	cen	PROPN
ftr-383	314	8	maximizes	maximize	NOUN
ftr-383	314	9	global40	global40	NOUN
ftr-383	314	10	(	(	PUNCT
ftr-383	314	11	including	include	VERB
ftr-383	314	12	the	the	DET
ftr-383	314	13	u.s	u.s	PROPN
ftr-383	314	14	.	.	PROPN
ftr-383	314	15	)	)	PUNCT
ftr-383	314	16	welfare	welfare	NOUN
ftr-383	314	17	,	,	PUNCT
ftr-383	314	18	whereas	whereas	SCONJ
ftr-383	314	19	cin	cin	PROPN
ftr-383	314	20	does	do	AUX
ftr-383	314	21	not.41	not.41	ADP
ftr-383	314	22	the	the	DET
ftr-383	314	23	panel	panel	NOUN
ftr-383	314	24	report	report	NOUN
ftr-383	314	25	advances	advance	NOUN
ftr-383	314	26	as	as	ADP
ftr-383	314	27	a	a	DET
ftr-383	314	28	reason	reason	NOUN
ftr-383	314	29	in	in	ADP
ftr-383	314	30	support	support	NOUN
ftr-383	314	31	of	of	ADP
ftr-383	314	32	its	its	PRON
ftr-383	314	33	territorial	territorial	ADJ
ftr-383	314	34	recommendation	recommendation	NOUN
ftr-383	314	35	its	its	PRON
ftr-383	314	36	assertion	assertion	NOUN
ftr-383	314	37	that	that	SCONJ
ftr-383	314	38	the	the	DET
ftr-383	314	39	sophisticated	sophisticated	ADJ
ftr-383	314	40	(	(	PUNCT
ftr-383	314	41	wasteful	wasteful	ADJ
ftr-383	314	42	)	)	PUNCT
ftr-383	314	43	tax	tax	NOUN
ftr-383	314	44	planning	planning	NOUN
ftr-383	314	45	that	that	PRON
ftr-383	314	46	is	be	AUX
ftr-383	314	47	carried	carry	VERB
ftr-383	314	48	out	out	ADP
ftr-383	314	49	under	under	ADP
ftr-383	314	50	current	current	ADJ
ftr-383	314	51	u.s	u.s	PROPN
ftr-383	314	52	.	.	PROPN
ftr-383	314	53	rules	rule	NOUN
ftr-383	314	54	would	would	AUX
ftr-383	314	55	be	be	AUX
ftr-383	314	56	greatly	greatly	ADV
ftr-383	314	57	curtailed	curtail	VERB
ftr-383	314	58	.	.	PUNCT
ftr-383	315	1	the	the	DET
ftr-383	315	2	2007	2007	NUM
ftr-383	315	3	territorial	territorial	NOUN
ftr-383	315	4	vs	vs	ADP
ftr-383	315	5	worldwide	worldwide	ADJ
ftr-383	315	6	international	international	ADJ
ftr-383	315	7	tax	tax	NOUN
ftr-383	315	8	systems	system	NOUN
ftr-383	315	9	299	299	NUM
ftr-383	315	10	42	42	NUM
ftr-383	315	11	.	.	PUNCT
ftr-383	316	1	for	for	ADP
ftr-383	316	2	an	an	DET
ftr-383	316	3	extensive	extensive	ADJ
ftr-383	316	4	analysis	analysis	NOUN
ftr-383	316	5	of	of	ADP
ftr-383	316	6	fairness	fairness	NOUN
ftr-383	316	7	issues	issue	NOUN
ftr-383	316	8	in	in	ADP
ftr-383	316	9	the	the	DET
ftr-383	316	10	international	international	ADJ
ftr-383	316	11	context	context	NOUN
ftr-383	316	12	,	,	PUNCT
ftr-383	316	13	see	see	VERB
ftr-383	316	14	j.	j.	PROPN
ftr-383	316	15	clifton	clifton	PROPN
ftr-383	316	16	fleming	fleming	PROPN
ftr-383	316	17	,	,	PUNCT
ftr-383	316	18	jr	jr	PROPN
ftr-383	316	19	.	.	PROPN
ftr-383	316	20	,	,	PUNCT
ftr-383	316	21	robert	robert	PROPN
ftr-383	316	22	j.	j.	PROPN
ftr-383	316	23	peroni	peroni	PROPN
ftr-383	316	24	,	,	PUNCT
ftr-383	316	25	&	&	CCONJ
ftr-383	316	26	stephen	stephen	PROPN
ftr-383	316	27	e.	e.	PROPN
ftr-383	316	28	shay	shay	PROPN
ftr-383	316	29	,	,	PUNCT
ftr-383	316	30	fairness	fairness	NOUN
ftr-383	316	31	in	in	ADP
ftr-383	316	32	international	international	ADJ
ftr-383	316	33	taxation	taxation	NOUN
ftr-383	316	34	:	:	PUNCT
ftr-383	316	35	the	the	DET
ftr-383	316	36	ability	ability	NOUN
ftr-383	316	37	-	-	PUNCT
ftr-383	316	38	to	to	ADP
ftr-383	316	39	-	-	PUNCT
ftr-383	316	40	pay	pay	VERB
ftr-383	316	41	case	case	NOUN
ftr-383	316	42	for	for	ADP
ftr-383	316	43	taxing	tax	VERB
ftr-383	316	44	worldwide	worldwide	ADJ
ftr-383	316	45	income	income	NOUN
ftr-383	316	46	,	,	PUNCT
ftr-383	316	47	5	5	NUM
ftr-383	316	48	fla	fla	NOUN
ftr-383	316	49	.	.	PUNCT
ftr-383	317	1	tax	tax	PROPN
ftr-383	317	2	rev	rev	PROPN
ftr-383	317	3	.	.	PROPN
ftr-383	317	4	299	299	NUM
ftr-383	317	5	(	(	PUNCT
ftr-383	317	6	2001	2001	NUM
ftr-383	317	7	)	)	PUNCT
ftr-383	317	8	.	.	PUNCT
ftr-383	318	1	jct	jct	PROPN
ftr-383	318	2	staff	staff	NOUN
ftr-383	318	3	went	go	VERB
ftr-383	318	4	further	far	ADV
ftr-383	318	5	and	and	CCONJ
ftr-383	318	6	asserted	assert	VERB
ftr-383	318	7	that	that	SCONJ
ftr-383	318	8	u.s	u.s	PROPN
ftr-383	318	9	.	.	PROPN
ftr-383	318	10	corporations	corporation	NOUN
ftr-383	318	11	engage	engage	VERB
ftr-383	318	12	in	in	ADP
ftr-383	318	13	a	a	DET
ftr-383	318	14	greater	great	ADJ
ftr-383	318	15	degree	degree	NOUN
ftr-383	318	16	of	of	ADP
ftr-383	318	17	tax	tax	NOUN
ftr-383	318	18	-	-	PUNCT
ftr-383	318	19	induced	induce	VERB
ftr-383	318	20	planning	planning	NOUN
ftr-383	318	21	than	than	SCONJ
ftr-383	318	22	do	do	VERB
ftr-383	318	23	corporations	corporation	NOUN
ftr-383	318	24	in	in	ADP
ftr-383	318	25	exemption	exemption	NOUN
ftr-383	318	26	countries	country	NOUN
ftr-383	318	27	.	.	PUNCT
ftr-383	319	1	these	these	PRON
ftr-383	319	2	,	,	PUNCT
ftr-383	319	3	i	i	PRON
ftr-383	319	4	assume	assume	VERB
ftr-383	319	5	,	,	PUNCT
ftr-383	319	6	are	be	AUX
ftr-383	319	7	efficiency	efficiency	NOUN
ftr-383	319	8	concerns	concern	NOUN
ftr-383	319	9	.	.	PUNCT
ftr-383	320	1	unfortunately	unfortunately	ADV
ftr-383	320	2	,	,	PUNCT
ftr-383	320	3	neither	neither	DET
ftr-383	320	4	report	report	NOUN
ftr-383	320	5	provides	provide	VERB
ftr-383	320	6	any	any	DET
ftr-383	320	7	basis	basis	NOUN
ftr-383	320	8	for	for	ADP
ftr-383	320	9	these	these	DET
ftr-383	320	10	assertions	assertion	NOUN
ftr-383	320	11	.	.	PUNCT
ftr-383	321	1	and	and	CCONJ
ftr-383	321	2	,	,	PUNCT
ftr-383	321	3	indeed	indeed	ADV
ftr-383	321	4	,	,	PUNCT
ftr-383	321	5	there	there	PRON
ftr-383	321	6	is	be	VERB
ftr-383	321	7	no	no	DET
ftr-383	321	8	such	such	ADJ
ftr-383	321	9	basis	basis	NOUN
ftr-383	321	10	.	.	PUNCT
ftr-383	322	1	the	the	DET
ftr-383	322	2	assertion	assertion	NOUN
ftr-383	322	3	that	that	SCONJ
ftr-383	322	4	tax	tax	NOUN
ftr-383	322	5	planning	planning	NOUN
ftr-383	322	6	is	be	AUX
ftr-383	322	7	less	less	ADV
ftr-383	322	8	complex	complex	ADJ
ftr-383	322	9	in	in	ADP
ftr-383	322	10	an	an	DET
ftr-383	322	11	exemption	exemption	NOUN
ftr-383	322	12	country	country	NOUN
ftr-383	322	13	would	would	AUX
ftr-383	322	14	be	be	AUX
ftr-383	322	15	astonishing	astonishing	ADJ
ftr-383	322	16	to	to	ADP
ftr-383	322	17	a	a	DET
ftr-383	322	18	dutch	dutch	ADJ
ftr-383	322	19	tax	tax	NOUN
ftr-383	322	20	advisor	advisor	NOUN
ftr-383	322	21	,	,	PUNCT
ftr-383	322	22	for	for	ADP
ftr-383	322	23	example	example	NOUN
ftr-383	322	24	.	.	PUNCT
ftr-383	323	1	tax	tax	NOUN
ftr-383	323	2	planning	planning	NOUN
ftr-383	323	3	for	for	ADP
ftr-383	323	4	dutch	dutch	ADJ
ftr-383	323	5	multinational	multinational	ADJ
ftr-383	323	6	companies	company	NOUN
ftr-383	323	7	is	be	AUX
ftr-383	323	8	at	at	ADV
ftr-383	323	9	least	least	ADJ
ftr-383	323	10	as	as	ADV
ftr-383	323	11	sophisticated	sophisticated	ADJ
ftr-383	323	12	as	as	ADP
ftr-383	323	13	that	that	PRON
ftr-383	323	14	carried	carry	VERB
ftr-383	323	15	on	on	ADP
ftr-383	323	16	in	in	ADP
ftr-383	323	17	the	the	DET
ftr-383	323	18	u.s	u.s	PROPN
ftr-383	323	19	.	.	PROPN
ftr-383	323	20	on	on	ADP
ftr-383	323	21	the	the	DET
ftr-383	323	22	other	other	ADJ
ftr-383	323	23	hand	hand	NOUN
ftr-383	323	24	,	,	PUNCT
ftr-383	323	25	my	my	PRON
ftr-383	323	26	own	own	ADJ
ftr-383	323	27	experience	experience	NOUN
ftr-383	323	28	in	in	ADP
ftr-383	323	29	dealing	deal	VERB
ftr-383	323	30	with	with	ADP
ftr-383	323	31	tax	tax	NOUN
ftr-383	323	32	advisors	advisor	NOUN
ftr-383	323	33	in	in	ADP
ftr-383	323	34	japan	japan	PROPN
ftr-383	323	35	(	(	PUNCT
ftr-383	323	36	an	an	DET
ftr-383	323	37	ftc	ftc	PROPN
ftr-383	323	38	country	country	NOUN
ftr-383	323	39	)	)	PUNCT
ftr-383	323	40	is	be	AUX
ftr-383	323	41	that	that	SCONJ
ftr-383	323	42	less	less	ADJ
ftr-383	323	43	emphasis	emphasis	NOUN
ftr-383	323	44	is	be	AUX
ftr-383	323	45	placed	place	VERB
ftr-383	323	46	on	on	ADP
ftr-383	323	47	tax	tax	NOUN
ftr-383	323	48	planning	planning	NOUN
ftr-383	323	49	.	.	PUNCT
ftr-383	324	1	thus	thus	ADV
ftr-383	324	2	,	,	PUNCT
ftr-383	324	3	the	the	DET
ftr-383	324	4	presence	presence	NOUN
ftr-383	324	5	of	of	ADP
ftr-383	324	6	complex	complex	ADJ
ftr-383	324	7	tax	tax	NOUN
ftr-383	324	8	planning	planning	NOUN
ftr-383	324	9	has	have	VERB
ftr-383	324	10	nothing	nothing	PRON
ftr-383	324	11	to	to	PART
ftr-383	324	12	do	do	VERB
ftr-383	324	13	with	with	ADP
ftr-383	324	14	whether	whether	SCONJ
ftr-383	324	15	a	a	DET
ftr-383	324	16	country	country	NOUN
ftr-383	324	17	employs	employ	VERB
ftr-383	324	18	a	a	DET
ftr-383	324	19	wwi	wwi	PROPN
ftr-383	324	20	/	/	SYM
ftr-383	324	21	ftc	ftc	PROPN
ftr-383	324	22	or	or	CCONJ
ftr-383	324	23	a	a	DET
ftr-383	324	24	territorial	territorial	ADJ
ftr-383	324	25	regime	regime	NOUN
ftr-383	324	26	.	.	PUNCT
ftr-383	325	1	i	i	PRON
ftr-383	325	2	believe	believe	VERB
ftr-383	325	3	that	that	SCONJ
ftr-383	325	4	the	the	DET
ftr-383	325	5	degree	degree	NOUN
ftr-383	325	6	of	of	ADP
ftr-383	325	7	sophisticated	sophisticated	ADJ
ftr-383	325	8	tax	tax	NOUN
ftr-383	325	9	planning	planning	NOUN
ftr-383	325	10	is	be	AUX
ftr-383	325	11	affected	affect	VERB
ftr-383	325	12	far	far	ADV
ftr-383	325	13	more	more	ADV
ftr-383	325	14	by	by	ADP
ftr-383	325	15	what	what	PRON
ftr-383	325	16	i	i	PRON
ftr-383	325	17	would	would	AUX
ftr-383	325	18	term	term	VERB
ftr-383	325	19	the	the	DET
ftr-383	325	20	“	"	PUNCT
ftr-383	325	21	tax	tax	NOUN
ftr-383	325	22	culture	culture	NOUN
ftr-383	325	23	”	"	PUNCT
ftr-383	325	24	of	of	ADP
ftr-383	325	25	a	a	DET
ftr-383	325	26	country	country	NOUN
ftr-383	325	27	.	.	PUNCT
ftr-383	326	1	in	in	ADP
ftr-383	326	2	the	the	DET
ftr-383	326	3	u.s	u.s	PROPN
ftr-383	326	4	.	.	PROPN
ftr-383	326	5	,	,	PUNCT
ftr-383	326	6	that	that	DET
ftr-383	326	7	culture	culture	NOUN
ftr-383	326	8	includes	include	VERB
ftr-383	326	9	the	the	DET
ftr-383	326	10	general	general	ADJ
ftr-383	326	11	rule	rule	NOUN
ftr-383	326	12	that	that	SCONJ
ftr-383	326	13	lawyers	lawyer	NOUN
ftr-383	326	14	are	be	AUX
ftr-383	326	15	to	to	PART
ftr-383	326	16	advance	advance	VERB
ftr-383	326	17	the	the	DET
ftr-383	326	18	interests	interest	NOUN
ftr-383	326	19	of	of	ADP
ftr-383	326	20	their	their	PRON
ftr-383	326	21	clients	client	NOUN
ftr-383	326	22	as	as	ADV
ftr-383	326	23	vigorously	vigorously	ADV
ftr-383	326	24	as	as	SCONJ
ftr-383	326	25	is	be	AUX
ftr-383	326	26	permitted	permit	VERB
ftr-383	326	27	by	by	ADP
ftr-383	326	28	law	law	NOUN
ftr-383	326	29	.	.	PUNCT
ftr-383	327	1	in	in	ADP
ftr-383	327	2	addition	addition	NOUN
ftr-383	327	3	,	,	PUNCT
ftr-383	327	4	in	in	ADP
ftr-383	327	5	the	the	DET
ftr-383	327	6	tax	tax	NOUN
ftr-383	327	7	context	context	NOUN
ftr-383	327	8	,	,	PUNCT
ftr-383	327	9	this	this	DET
ftr-383	327	10	approach	approach	NOUN
ftr-383	327	11	is	be	AUX
ftr-383	327	12	reinforced	reinforce	VERB
ftr-383	327	13	by	by	ADP
ftr-383	327	14	the	the	DET
ftr-383	327	15	view	view	NOUN
ftr-383	327	16	that	that	SCONJ
ftr-383	327	17	no	no	DET
ftr-383	327	18	taxpayer	taxpayer	NOUN
ftr-383	327	19	is	be	AUX
ftr-383	327	20	obligated	obligate	VERB
ftr-383	327	21	to	to	PART
ftr-383	327	22	pay	pay	VERB
ftr-383	327	23	a	a	DET
ftr-383	327	24	dollar	dollar	NOUN
ftr-383	327	25	more	more	ADJ
ftr-383	327	26	in	in	ADP
ftr-383	327	27	taxes	taxis	NOUN
ftr-383	327	28	than	than	SCONJ
ftr-383	327	29	the	the	DET
ftr-383	327	30	law	law	NOUN
ftr-383	327	31	requires	require	VERB
ftr-383	327	32	.	.	PUNCT
ftr-383	328	1	these	these	DET
ftr-383	328	2	elements	element	NOUN
ftr-383	328	3	of	of	ADP
ftr-383	328	4	the	the	DET
ftr-383	328	5	u.s	u.s	PROPN
ftr-383	328	6	.	.	PROPN
ftr-383	328	7	“	"	PUNCT
ftr-383	328	8	tax	tax	NOUN
ftr-383	328	9	culture	culture	NOUN
ftr-383	328	10	”	"	PUNCT
ftr-383	328	11	result	result	NOUN
ftr-383	328	12	in	in	ADP
ftr-383	328	13	legal	legal	ADJ
ftr-383	328	14	(	(	PUNCT
ftr-383	328	15	and	and	CCONJ
ftr-383	328	16	accounting	accounting	NOUN
ftr-383	328	17	)	)	PUNCT
ftr-383	328	18	tax	tax	NOUN
ftr-383	328	19	advisors	advisor	NOUN
ftr-383	328	20	aggressively	aggressively	ADV
ftr-383	328	21	advancing	advance	VERB
ftr-383	328	22	the	the	DET
ftr-383	328	23	tax	tax	NOUN
ftr-383	328	24	interests	interest	NOUN
ftr-383	328	25	of	of	ADP
ftr-383	328	26	their	their	PRON
ftr-383	328	27	clients	client	NOUN
ftr-383	328	28	to	to	PART
ftr-383	328	29	produce	produce	VERB
ftr-383	328	30	the	the	DET
ftr-383	328	31	lowest	low	ADJ
ftr-383	328	32	tax	tax	NOUN
ftr-383	328	33	possible	possible	ADJ
ftr-383	328	34	.	.	PUNCT
ftr-383	329	1	nothing	nothing	PRON
ftr-383	329	2	in	in	ADP
ftr-383	329	3	this	this	DET
ftr-383	329	4	tax	tax	NOUN
ftr-383	329	5	culture	culture	NOUN
ftr-383	329	6	would	would	AUX
ftr-383	329	7	change	change	VERB
ftr-383	329	8	just	just	ADV
ftr-383	329	9	because	because	SCONJ
ftr-383	329	10	the	the	DET
ftr-383	329	11	u.s	u.s	PROPN
ftr-383	329	12	.	.	PROPN
ftr-383	329	13	adopted	adopt	VERB
ftr-383	329	14	a	a	DET
ftr-383	329	15	territorial	territorial	ADJ
ftr-383	329	16	system	system	NOUN
ftr-383	329	17	.	.	PUNCT
ftr-383	330	1	nor	nor	CCONJ
ftr-383	330	2	would	would	AUX
ftr-383	330	3	it	it	PRON
ftr-383	330	4	change	change	VERB
ftr-383	330	5	if	if	SCONJ
ftr-383	330	6	the	the	DET
ftr-383	330	7	u.s	u.s	PROPN
ftr-383	330	8	.	.	PROPN
ftr-383	330	9	adopted	adopt	VERB
ftr-383	330	10	the	the	DET
ftr-383	330	11	model	model	NOUN
ftr-383	330	12	wwi	wwi	PROPN
ftr-383	330	13	/	/	SYM
ftr-383	330	14	ftc	ftc	PROPN
ftr-383	330	15	system	system	NOUN
ftr-383	330	16	.	.	PUNCT
ftr-383	331	1	sophisticated	sophisticated	ADJ
ftr-383	331	2	and	and	CCONJ
ftr-383	331	3	complex	complex	ADJ
ftr-383	331	4	tax	tax	NOUN
ftr-383	331	5	planning	planning	NOUN
ftr-383	331	6	,	,	PUNCT
ftr-383	331	7	and	and	CCONJ
ftr-383	331	8	equally	equally	ADV
ftr-383	331	9	sophisticated	sophisticated	ADJ
ftr-383	331	10	legislative	legislative	ADJ
ftr-383	331	11	and	and	CCONJ
ftr-383	331	12	regulatory	regulatory	ADJ
ftr-383	331	13	responses	response	NOUN
ftr-383	331	14	thereto	thereto	VERB
ftr-383	331	15	,	,	PUNCT
ftr-383	331	16	are	be	AUX
ftr-383	331	17	here	here	ADV
ftr-383	331	18	to	to	PART
ftr-383	331	19	stay	stay	VERB
ftr-383	331	20	.	.	PUNCT
ftr-383	332	1	part	part	NOUN
ftr-383	332	2	v	v	ADP
ftr-383	332	3	finally	finally	ADV
ftr-383	332	4	,	,	PUNCT
ftr-383	332	5	i	i	PRON
ftr-383	332	6	turn	turn	VERB
ftr-383	332	7	to	to	ADP
ftr-383	332	8	the	the	DET
ftr-383	332	9	question	question	NOUN
ftr-383	332	10	whether	whether	SCONJ
ftr-383	332	11	an	an	DET
ftr-383	332	12	exemption	exemption	NOUN
ftr-383	332	13	system	system	NOUN
ftr-383	332	14	or	or	CCONJ
ftr-383	332	15	the	the	DET
ftr-383	332	16	model	model	PROPN
ftr-383	332	17	wwi	wwi	PROPN
ftr-383	332	18	/	/	SYM
ftr-383	332	19	ftc	ftc	PROPN
ftr-383	332	20	system	system	NOUN
ftr-383	332	21	is	be	AUX
ftr-383	332	22	more	more	ADV
ftr-383	332	23	equitable	equitable	ADJ
ftr-383	332	24	.	.	PUNCT
ftr-383	333	1	of	of	ADP
ftr-383	333	2	course	course	NOUN
ftr-383	333	3	,	,	PUNCT
ftr-383	333	4	the	the	DET
ftr-383	333	5	traditional	traditional	ADJ
ftr-383	333	6	notions	notion	NOUN
ftr-383	333	7	of	of	ADP
ftr-383	333	8	horizontal	horizontal	ADJ
ftr-383	333	9	and	and	CCONJ
ftr-383	333	10	vertical	vertical	ADJ
ftr-383	333	11	equity	equity	NOUN
ftr-383	333	12	apply	apply	VERB
ftr-383	333	13	only	only	ADV
ftr-383	333	14	to	to	ADP
ftr-383	333	15	individuals	individual	NOUN
ftr-383	333	16	.	.	PUNCT
ftr-383	334	1	at	at	ADP
ftr-383	334	2	the	the	DET
ftr-383	334	3	corporate	corporate	ADJ
ftr-383	334	4	level	level	NOUN
ftr-383	334	5	,	,	PUNCT
ftr-383	334	6	as	as	SCONJ
ftr-383	334	7	discussed	discuss	VERB
ftr-383	334	8	in	in	ADP
ftr-383	334	9	part	part	NOUN
ftr-383	334	10	iv	iv	ADP
ftr-383	334	11	,	,	PUNCT
ftr-383	334	12	the	the	DET
ftr-383	334	13	primary	primary	ADJ
ftr-383	334	14	concern	concern	NOUN
ftr-383	334	15	is	be	AUX
ftr-383	334	16	efficiency	efficiency	NOUN
ftr-383	334	17	,	,	PUNCT
ftr-383	334	18	and	and	CCONJ
ftr-383	334	19	that	that	PRON
ftr-383	334	20	is	be	AUX
ftr-383	334	21	the	the	DET
ftr-383	334	22	level	level	NOUN
ftr-383	334	23	at	at	ADP
ftr-383	334	24	which	which	PRON
ftr-383	334	25	most	most	ADJ
ftr-383	334	26	cross	cross	VERB
ftr-383	334	27	border	border	NOUN
ftr-383	334	28	investment	investment	NOUN
ftr-383	334	29	and	and	CCONJ
ftr-383	334	30	business	business	NOUN
ftr-383	334	31	is	be	AUX
ftr-383	334	32	carried	carry	VERB
ftr-383	334	33	out	out	ADP
ftr-383	334	34	.	.	PUNCT
ftr-383	335	1	but	but	CCONJ
ftr-383	335	2	this	this	PRON
ftr-383	335	3	does	do	AUX
ftr-383	335	4	not	not	PART
ftr-383	335	5	mean	mean	VERB
ftr-383	335	6	that	that	SCONJ
ftr-383	335	7	there	there	PRON
ftr-383	335	8	are	be	VERB
ftr-383	335	9	no	no	DET
ftr-383	335	10	fairness	fairness	NOUN
ftr-383	335	11	issues	issue	NOUN
ftr-383	335	12	raised	raise	VERB
ftr-383	335	13	by	by	ADP
ftr-383	335	14	an	an	DET
ftr-383	335	15	international	international	ADJ
ftr-383	335	16	tax	tax	NOUN
ftr-383	335	17	regime	regime	NOUN
ftr-383	335	18	,	,	PUNCT
ftr-383	335	19	particularly	particularly	ADV
ftr-383	335	20	when	when	SCONJ
ftr-383	335	21	coupled	couple	VERB
ftr-383	335	22	with	with	ADP
ftr-383	335	23	a	a	DET
ftr-383	335	24	country	country	NOUN
ftr-383	335	25	’s	’s	PART
ftr-383	335	26	corporate	corporate	ADJ
ftr-383	335	27	/	/	SYM
ftr-383	335	28	shareholder	shareholder	NOUN
ftr-383	335	29	tax	tax	NOUN
ftr-383	335	30	regime.42	regime.42	NOUN
ftr-383	335	31	it	it	PRON
ftr-383	335	32	is	be	AUX
ftr-383	335	33	not	not	PART
ftr-383	335	34	always	always	ADV
ftr-383	335	35	appreciated	appreciated	ADJ
ftr-383	335	36	that	that	SCONJ
ftr-383	335	37	there	there	PRON
ftr-383	335	38	is	be	VERB
ftr-383	335	39	an	an	DET
ftr-383	335	40	equity	equity	NOUN
ftr-383	335	41	as	as	ADV
ftr-383	335	42	well	well	ADV
ftr-383	335	43	as	as	ADP
ftr-383	335	44	neutrality	neutrality	NOUN
ftr-383	335	45	principle	principle	NOUN
ftr-383	335	46	embedded	embed	VERB
ftr-383	335	47	in	in	ADP
ftr-383	335	48	a	a	DET
ftr-383	335	49	wwi	wwi	PROPN
ftr-383	335	50	/	/	SYM
ftr-383	335	51	ftc	ftc	PROPN
ftr-383	335	52	system	system	NOUN
ftr-383	335	53	.	.	PUNCT
ftr-383	336	1	the	the	DET
ftr-383	336	2	horizontal	horizontal	PROPN
ftr-383	336	3	equity	equity	NOUN
ftr-383	336	4	principle	principle	NOUN
ftr-383	336	5	can	can	AUX
ftr-383	336	6	be	be	AUX
ftr-383	336	7	stated	state	VERB
ftr-383	336	8	as	as	ADP
ftr-383	336	9	requiring	require	VERB
ftr-383	336	10	that	that	SCONJ
ftr-383	336	11	a	a	DET
ftr-383	336	12	u.s	u.s	PROPN
ftr-383	336	13	.	.	PROPN
ftr-383	336	14	taxpayer	taxpayer	PROPN
ftr-383	336	15	pays	pay	VERB
ftr-383	336	16	the	the	DET
ftr-383	336	17	same	same	ADJ
ftr-383	336	18	amount	amount	NOUN
ftr-383	336	19	of	of	ADP
ftr-383	336	20	u.s	u.s	PROPN
ftr-383	336	21	.	.	PROPN
ftr-383	336	22	and	and	CCONJ
ftr-383	336	23	foreign	foreign	ADJ
ftr-383	336	24	taxes	taxis	NOUN
ftr-383	336	25	as	as	SCONJ
ftr-383	336	26	does	do	VERB
ftr-383	336	27	a	a	DET
ftr-383	336	28	taxpayer	taxpayer	NOUN
ftr-383	336	29	realizing	realize	VERB
ftr-383	336	30	the	the	DET
ftr-383	336	31	same	same	ADJ
ftr-383	336	32	amount	amount	NOUN
ftr-383	336	33	of	of	ADP
ftr-383	336	34	income	income	NOUN
ftr-383	336	35	solely	solely	ADV
ftr-383	336	36	from	from	ADP
ftr-383	336	37	a	a	DET
ftr-383	336	38	u.s	u.s	PROPN
ftr-383	336	39	.	.	PROPN
ftr-383	336	40	source	source	NOUN
ftr-383	336	41	.	.	PUNCT
ftr-383	337	1	likewise	likewise	ADV
ftr-383	337	2	,	,	PUNCT
ftr-383	337	3	vertical	vertical	ADJ
ftr-383	337	4	equity	equity	NOUN
ftr-383	337	5	300	300	NUM
ftr-383	337	6	florida	florida	PROPN
ftr-383	337	7	tax	tax	NOUN
ftr-383	337	8	review	review	NOUN
ftr-383	338	1	[	[	X
ftr-383	338	2	vol	vol	NOUN
ftr-383	338	3	.	.	PUNCT
ftr-383	338	4	8:3	8:3	NUM
ftr-383	338	5	43	43	NUM
ftr-383	338	6	.	.	PUNCT
ftr-383	338	7	suppose	suppose	VERB
ftr-383	338	8	that	that	SCONJ
ftr-383	338	9	u.s	u.s	PROPN
ftr-383	338	10	.	.	PROPN
ftr-383	338	11	corporation	corporation	PROPN
ftr-383	338	12	a	a	PRON
ftr-383	338	13	has	have	VERB
ftr-383	338	14	100	100	NUM
ftr-383	338	15	of	of	ADP
ftr-383	338	16	foreign	foreign	ADJ
ftr-383	338	17	source	source	NOUN
ftr-383	338	18	income	income	NOUN
ftr-383	338	19	on	on	ADP
ftr-383	338	20	which	which	PRON
ftr-383	338	21	it	it	PRON
ftr-383	338	22	pays	pay	VERB
ftr-383	338	23	30	30	NUM
ftr-383	338	24	of	of	ADP
ftr-383	338	25	tax	tax	NOUN
ftr-383	338	26	.	.	PUNCT
ftr-383	339	1	u.s	u.s	PROPN
ftr-383	339	2	.	.	PROPN
ftr-383	339	3	corporation	corporation	PROPN
ftr-383	339	4	b	b	PROPN
ftr-383	339	5	has	have	VERB
ftr-383	339	6	100	100	NUM
ftr-383	339	7	of	of	ADP
ftr-383	339	8	domestic	domestic	ADJ
ftr-383	339	9	source	source	NOUN
ftr-383	339	10	income	income	NOUN
ftr-383	339	11	on	on	ADP
ftr-383	339	12	which	which	PRON
ftr-383	339	13	it	it	PRON
ftr-383	339	14	pays	pay	VERB
ftr-383	339	15	35	35	NUM
ftr-383	339	16	of	of	ADP
ftr-383	339	17	tax	tax	NOUN
ftr-383	339	18	.	.	PUNCT
ftr-383	340	1	corporation	corporation	PROPN
ftr-383	340	2	b	b	PROPN
ftr-383	340	3	distributes	distribute	VERB
ftr-383	340	4	a	a	DET
ftr-383	340	5	65	65	NUM
ftr-383	340	6	dividend	dividend	NOUN
ftr-383	340	7	which	which	PRON
ftr-383	340	8	,	,	PUNCT
ftr-383	340	9	under	under	ADP
ftr-383	340	10	the	the	DET
ftr-383	340	11	panel	panel	NOUN
ftr-383	340	12	proposal	proposal	NOUN
ftr-383	340	13	,	,	PUNCT
ftr-383	340	14	is	be	AUX
ftr-383	340	15	exempt	exempt	ADJ
ftr-383	340	16	from	from	ADP
ftr-383	340	17	tax	tax	NOUN
ftr-383	340	18	at	at	ADP
ftr-383	340	19	the	the	DET
ftr-383	340	20	shareholder	shareholder	NOUN
ftr-383	340	21	level	level	NOUN
ftr-383	340	22	.	.	PUNCT
ftr-383	341	1	corporation	corporation	NOUN
ftr-383	341	2	a	a	PRON
ftr-383	341	3	distributes	distribute	VERB
ftr-383	341	4	a	a	DET
ftr-383	341	5	dividend	dividend	NOUN
ftr-383	341	6	of	of	ADP
ftr-383	341	7	70	70	NUM
ftr-383	341	8	and	and	CCONJ
ftr-383	341	9	a	a	DET
ftr-383	341	10	tax	tax	NOUN
ftr-383	341	11	of	of	ADP
ftr-383	341	12	24.50	24.50	NUM
ftr-383	341	13	(	(	PUNCT
ftr-383	341	14	35	35	NUM
ftr-383	341	15	%	%	NOUN
ftr-383	341	16	x	x	NOUN
ftr-383	341	17	70	70	NUM
ftr-383	341	18	)	)	PUNCT
ftr-383	341	19	is	be	AUX
ftr-383	341	20	imposed	impose	VERB
ftr-383	341	21	at	at	ADP
ftr-383	341	22	the	the	DET
ftr-383	341	23	shareholder	shareholder	NOUN
ftr-383	341	24	level	level	NOUN
ftr-383	341	25	because	because	SCONJ
ftr-383	341	26	the	the	DET
ftr-383	341	27	dividend	dividend	NOUN
ftr-383	341	28	is	be	AUX
ftr-383	341	29	not	not	PART
ftr-383	341	30	tax	tax	NOUN
ftr-383	341	31	exempt	exempt	ADJ
ftr-383	341	32	.	.	PUNCT
ftr-383	342	1	the	the	DET
ftr-383	342	2	shareholder	shareholder	NOUN
ftr-383	342	3	of	of	ADP
ftr-383	342	4	corporation	corporation	PROPN
ftr-383	342	5	a	a	PRON
ftr-383	342	6	has	have	AUX
ftr-383	342	7	thus	thus	ADV
ftr-383	342	8	borne	bear	VERB
ftr-383	342	9	a	a	DET
ftr-383	342	10	total	total	ADJ
ftr-383	342	11	tax	tax	NOUN
ftr-383	342	12	of	of	ADP
ftr-383	342	13	54.50	54.50	NUM
ftr-383	342	14	,	,	PUNCT
ftr-383	342	15	leaving	leave	VERB
ftr-383	342	16	only	only	ADV
ftr-383	342	17	45.50	45.50	NUM
ftr-383	342	18	in	in	ADP
ftr-383	342	19	after	after	ADP
ftr-383	342	20	-	-	PUNCT
ftr-383	342	21	tax	tax	NOUN
ftr-383	342	22	income	income	NOUN
ftr-383	342	23	,	,	PUNCT
ftr-383	342	24	compared	compare	VERB
ftr-383	342	25	to	to	ADP
ftr-383	342	26	the	the	DET
ftr-383	342	27	65	65	NUM
ftr-383	342	28	that	that	SCONJ
ftr-383	342	29	the	the	DET
ftr-383	342	30	shareholder	shareholder	NOUN
ftr-383	342	31	of	of	ADP
ftr-383	342	32	corporation	corporation	PROPN
ftr-383	342	33	b	b	PROPN
ftr-383	342	34	realizes	realize	VERB
ftr-383	342	35	.	.	PUNCT
ftr-383	343	1	this	this	DET
ftr-383	343	2	result	result	NOUN
ftr-383	343	3	will	will	AUX
ftr-383	343	4	occur	occur	VERB
ftr-383	343	5	at	at	ADP
ftr-383	343	6	any	any	DET
ftr-383	343	7	time	time	NOUN
ftr-383	343	8	the	the	DET
ftr-383	343	9	foreign	foreign	ADJ
ftr-383	343	10	source	source	NOUN
ftr-383	343	11	income	income	NOUN
ftr-383	343	12	is	be	AUX
ftr-383	343	13	subject	subject	ADJ
ftr-383	343	14	to	to	ADP
ftr-383	343	15	a	a	DET
ftr-383	343	16	positive	positive	ADJ
ftr-383	343	17	rate	rate	NOUN
ftr-383	343	18	of	of	ADP
ftr-383	343	19	tax	tax	NOUN
ftr-383	343	20	.	.	PUNCT
ftr-383	344	1	see	see	AUX
ftr-383	344	2	also	also	ADV
ftr-383	344	3	merrill	merrill	VERB
ftr-383	344	4	et	et	PROPN
ftr-383	344	5	al	al	PROPN
ftr-383	344	6	.	.	PROPN
ftr-383	344	7	,	,	PUNCT
ftr-383	344	8	supra	supra	PROPN
ftr-383	344	9	note	note	NOUN
ftr-383	344	10	3	3	NUM
ftr-383	344	11	,	,	PUNCT
ftr-383	344	12	at	at	ADP
ftr-383	344	13	907	907	NUM
ftr-383	344	14	,	,	PUNCT
ftr-383	344	15	for	for	ADP
ftr-383	344	16	a	a	DET
ftr-383	344	17	further	further	ADJ
ftr-383	344	18	example	example	NOUN
ftr-383	344	19	of	of	ADP
ftr-383	344	20	the	the	DET
ftr-383	344	21	phenomenon	phenomenon	NOUN
ftr-383	344	22	described	describe	VERB
ftr-383	344	23	here	here	ADV
ftr-383	344	24	.	.	PUNCT
ftr-383	345	1	the	the	DET
ftr-383	345	2	panel	panel	NOUN
ftr-383	345	3	’s	’s	PART
ftr-383	345	4	integration	integration	NOUN
ftr-383	345	5	proposal	proposal	NOUN
ftr-383	345	6	also	also	ADV
ftr-383	345	7	raise	raise	VERB
ftr-383	345	8	’s	’s	PART
ftr-383	345	9	complexity	complexity	NOUN
ftr-383	345	10	concerns	concern	NOUN
ftr-383	345	11	as	as	ADP
ftr-383	345	12	some	some	DET
ftr-383	345	13	type	type	NOUN
ftr-383	345	14	of	of	ADP
ftr-383	345	15	ordering	order	VERB
ftr-383	345	16	rules	rule	NOUN
ftr-383	345	17	would	would	AUX
ftr-383	345	18	be	be	AUX
ftr-383	345	19	required	require	VERB
ftr-383	345	20	for	for	ADP
ftr-383	345	21	corporations	corporation	NOUN
ftr-383	345	22	that	that	PRON
ftr-383	345	23	have	have	VERB
ftr-383	345	24	both	both	CCONJ
ftr-383	345	25	domestic	domestic	ADJ
ftr-383	345	26	and	and	CCONJ
ftr-383	345	27	foreign	foreign	ADJ
ftr-383	345	28	income	income	NOUN
ftr-383	345	29	in	in	ADP
ftr-383	345	30	order	order	NOUN
ftr-383	345	31	to	to	PART
ftr-383	345	32	determine	determine	VERB
ftr-383	345	33	the	the	DET
ftr-383	345	34	portion	portion	NOUN
ftr-383	345	35	of	of	ADP
ftr-383	345	36	a	a	DET
ftr-383	345	37	dividend	dividend	NOUN
ftr-383	345	38	that	that	PRON
ftr-383	345	39	is	be	AUX
ftr-383	345	40	subject	subject	ADJ
ftr-383	345	41	to	to	ADP
ftr-383	345	42	shareholder	shareholder	NOUN
ftr-383	345	43	tax	tax	NOUN
ftr-383	345	44	and	and	CCONJ
ftr-383	345	45	the	the	DET
ftr-383	345	46	portion	portion	NOUN
ftr-383	345	47	that	that	PRON
ftr-383	345	48	is	be	AUX
ftr-383	345	49	exempt	exempt	ADJ
ftr-383	345	50	.	.	PUNCT
ftr-383	346	1	the	the	DET
ftr-383	346	2	panel	panel	NOUN
ftr-383	346	3	suggests	suggest	VERB
ftr-383	346	4	a	a	DET
ftr-383	346	5	pro	pro	ADJ
ftr-383	346	6	rata	rata	ADJ
ftr-383	346	7	approach	approach	NOUN
ftr-383	346	8	.	.	PUNCT
ftr-383	347	1	requires	require	VERB
ftr-383	347	2	that	that	SCONJ
ftr-383	347	3	a	a	DET
ftr-383	347	4	taxpayer	taxpayer	NOUN
ftr-383	347	5	with	with	ADP
ftr-383	347	6	greater	great	ADJ
ftr-383	347	7	income	income	NOUN
ftr-383	347	8	from	from	ADP
ftr-383	347	9	u.s	u.s	PROPN
ftr-383	347	10	.	.	PROPN
ftr-383	347	11	and	and	CCONJ
ftr-383	347	12	foreign	foreign	ADJ
ftr-383	347	13	sources	source	NOUN
ftr-383	347	14	should	should	AUX
ftr-383	347	15	pay	pay	VERB
ftr-383	347	16	relatively	relatively	ADV
ftr-383	347	17	more	more	ADJ
ftr-383	347	18	tax	tax	NOUN
ftr-383	347	19	than	than	SCONJ
ftr-383	347	20	does	do	VERB
ftr-383	347	21	a	a	DET
ftr-383	347	22	u.s	u.s	PROPN
ftr-383	347	23	.	.	PROPN
ftr-383	347	24	taxpayer	taxpayer	NOUN
ftr-383	347	25	with	with	ADP
ftr-383	347	26	lower	low	ADJ
ftr-383	347	27	income	income	NOUN
ftr-383	347	28	,	,	PUNCT
ftr-383	347	29	whether	whether	SCONJ
ftr-383	347	30	from	from	ADP
ftr-383	347	31	u.s	u.s	PROPN
ftr-383	347	32	.	.	PROPN
ftr-383	347	33	or	or	CCONJ
ftr-383	347	34	foreign	foreign	ADJ
ftr-383	347	35	sources	source	NOUN
ftr-383	347	36	.	.	PUNCT
ftr-383	348	1	the	the	DET
ftr-383	348	2	equity	equity	NOUN
ftr-383	348	3	issue	issue	NOUN
ftr-383	348	4	may	may	AUX
ftr-383	348	5	be	be	AUX
ftr-383	348	6	more	more	ADV
ftr-383	348	7	readily	readily	ADV
ftr-383	348	8	seen	see	VERB
ftr-383	348	9	if	if	SCONJ
ftr-383	348	10	a	a	DET
ftr-383	348	11	model	model	NOUN
ftr-383	348	12	wwi	wwi	PROPN
ftr-383	348	13	/	/	SYM
ftr-383	348	14	ftc	ftc	PROPN
ftr-383	348	15	system	system	NOUN
ftr-383	348	16	were	be	AUX
ftr-383	348	17	employed	employ	VERB
ftr-383	348	18	by	by	ADP
ftr-383	348	19	a	a	DET
ftr-383	348	20	country	country	NOUN
ftr-383	348	21	that	that	PRON
ftr-383	348	22	had	have	VERB
ftr-383	348	23	a	a	DET
ftr-383	348	24	fully	fully	ADV
ftr-383	348	25	integrated	integrate	VERB
ftr-383	348	26	shareholder	shareholder	NOUN
ftr-383	348	27	/	/	SYM
ftr-383	348	28	corporate	corporate	ADJ
ftr-383	348	29	tax	tax	NOUN
ftr-383	348	30	regime	regime	NOUN
ftr-383	348	31	.	.	PUNCT
ftr-383	349	1	by	by	ADP
ftr-383	349	2	fully	fully	ADV
ftr-383	349	3	integrated	integrate	VERB
ftr-383	349	4	,	,	PUNCT
ftr-383	349	5	i	i	PRON
ftr-383	349	6	mean	mean	VERB
ftr-383	349	7	that	that	SCONJ
ftr-383	349	8	all	all	DET
ftr-383	349	9	income	income	NOUN
ftr-383	349	10	and	and	CCONJ
ftr-383	349	11	tax	tax	NOUN
ftr-383	349	12	attributes	attribute	NOUN
ftr-383	349	13	flow	flow	VERB
ftr-383	349	14	through	through	ADP
ftr-383	349	15	the	the	DET
ftr-383	349	16	corporation	corporation	NOUN
ftr-383	349	17	and	and	CCONJ
ftr-383	349	18	are	be	AUX
ftr-383	349	19	taken	take	VERB
ftr-383	349	20	into	into	ADP
ftr-383	349	21	account	account	NOUN
ftr-383	349	22	only	only	ADV
ftr-383	349	23	at	at	ADP
ftr-383	349	24	the	the	DET
ftr-383	349	25	shareholder	shareholder	NOUN
ftr-383	349	26	level	level	NOUN
ftr-383	349	27	.	.	PUNCT
ftr-383	350	1	(	(	PUNCT
ftr-383	350	2	a	a	DET
ftr-383	350	3	withholding	withholding	NOUN
ftr-383	350	4	obligation	obligation	NOUN
ftr-383	350	5	might	might	AUX
ftr-383	350	6	be	be	AUX
ftr-383	350	7	imposed	impose	VERB
ftr-383	350	8	on	on	ADP
ftr-383	350	9	the	the	DET
ftr-383	350	10	corporation	corporation	NOUN
ftr-383	350	11	.	.	PUNCT
ftr-383	350	12	)	)	PUNCT
ftr-383	351	1	this	this	PRON
ftr-383	351	2	would	would	AUX
ftr-383	351	3	mean	mean	VERB
ftr-383	351	4	that	that	SCONJ
ftr-383	351	5	in	in	ADP
ftr-383	351	6	a	a	DET
ftr-383	351	7	model	model	NOUN
ftr-383	351	8	wwi	wwi	PROPN
ftr-383	351	9	/	/	SYM
ftr-383	351	10	ftc	ftc	PROPN
ftr-383	351	11	system	system	NOUN
ftr-383	351	12	all	all	DET
ftr-383	351	13	foreign	foreign	ADJ
ftr-383	351	14	income	income	NOUN
ftr-383	351	15	taxes	taxis	NOUN
ftr-383	351	16	incurred	incur	VERB
ftr-383	351	17	by	by	ADP
ftr-383	351	18	a	a	DET
ftr-383	351	19	corporation	corporation	NOUN
ftr-383	351	20	would	would	AUX
ftr-383	351	21	flow	flow	VERB
ftr-383	351	22	through	through	ADP
ftr-383	351	23	and	and	CCONJ
ftr-383	351	24	be	be	AUX
ftr-383	351	25	creditable	creditable	ADJ
ftr-383	351	26	by	by	ADP
ftr-383	351	27	individual	individual	ADJ
ftr-383	351	28	shareholders	shareholder	NOUN
ftr-383	351	29	.	.	PUNCT
ftr-383	352	1	in	in	ADP
ftr-383	352	2	such	such	DET
ftr-383	352	3	a	a	DET
ftr-383	352	4	system	system	NOUN
ftr-383	352	5	,	,	PUNCT
ftr-383	352	6	both	both	CCONJ
ftr-383	352	7	horizontal	horizontal	ADJ
ftr-383	352	8	and	and	CCONJ
ftr-383	352	9	vertical	vertical	ADJ
ftr-383	352	10	equity	equity	NOUN
ftr-383	352	11	would	would	AUX
ftr-383	352	12	be	be	AUX
ftr-383	352	13	satisfied	satisfied	ADJ
ftr-383	352	14	.	.	PUNCT
ftr-383	353	1	the	the	DET
ftr-383	353	2	panel	panel	NOUN
ftr-383	353	3	report	report	NOUN
ftr-383	353	4	did	do	AUX
ftr-383	353	5	propose	propose	VERB
ftr-383	353	6	an	an	DET
ftr-383	353	7	integration	integration	NOUN
ftr-383	353	8	system	system	NOUN
ftr-383	353	9	.	.	PUNCT
ftr-383	354	1	under	under	ADP
ftr-383	354	2	its	its	PRON
ftr-383	354	3	proposal	proposal	NOUN
ftr-383	354	4	all	all	DET
ftr-383	354	5	foreign	foreign	ADJ
ftr-383	354	6	income	income	NOUN
ftr-383	354	7	would	would	AUX
ftr-383	354	8	be	be	AUX
ftr-383	354	9	exempt	exempt	ADJ
ftr-383	354	10	at	at	ADP
ftr-383	354	11	the	the	DET
ftr-383	354	12	corporate	corporate	ADJ
ftr-383	354	13	level	level	NOUN
ftr-383	354	14	but	but	CCONJ
ftr-383	354	15	domestic	domestic	ADJ
ftr-383	354	16	income	income	NOUN
ftr-383	354	17	would	would	AUX
ftr-383	354	18	be	be	AUX
ftr-383	354	19	taxed	tax	VERB
ftr-383	354	20	.	.	PUNCT
ftr-383	355	1	at	at	ADP
ftr-383	355	2	the	the	DET
ftr-383	355	3	shareholder	shareholder	NOUN
ftr-383	355	4	level	level	NOUN
ftr-383	355	5	,	,	PUNCT
ftr-383	355	6	dividends	dividend	NOUN
ftr-383	355	7	paid	pay	VERB
ftr-383	355	8	out	out	ADP
ftr-383	355	9	of	of	ADP
ftr-383	355	10	domestic	domestic	ADJ
ftr-383	355	11	income	income	NOUN
ftr-383	355	12	would	would	AUX
ftr-383	355	13	be	be	AUX
ftr-383	355	14	exempt	exempt	ADJ
ftr-383	355	15	but	but	CCONJ
ftr-383	355	16	dividends	dividend	NOUN
ftr-383	355	17	out	out	ADP
ftr-383	355	18	of	of	ADP
ftr-383	355	19	foreign	foreign	ADJ
ftr-383	355	20	(	(	PUNCT
ftr-383	355	21	exempt	exempt	ADJ
ftr-383	355	22	)	)	PUNCT
ftr-383	355	23	income	income	NOUN
ftr-383	355	24	would	would	AUX
ftr-383	355	25	be	be	AUX
ftr-383	355	26	fully	fully	ADV
ftr-383	355	27	taxable	taxable	ADJ
ftr-383	355	28	.	.	PUNCT
ftr-383	356	1	this	this	DET
ftr-383	356	2	pair	pair	NOUN
ftr-383	356	3	of	of	ADP
ftr-383	356	4	proposals	proposal	NOUN
ftr-383	356	5	has	have	VERB
ftr-383	356	6	several	several	ADJ
ftr-383	356	7	perverse	perverse	ADJ
ftr-383	356	8	effects	effect	NOUN
ftr-383	356	9	.	.	PUNCT
ftr-383	357	1	i	i	PRON
ftr-383	357	2	shall	shall	AUX
ftr-383	357	3	describe	describe	VERB
ftr-383	357	4	three	three	NUM
ftr-383	357	5	.	.	PUNCT
ftr-383	358	1	first	first	ADV
ftr-383	358	2	,	,	PUNCT
ftr-383	358	3	depending	depend	VERB
ftr-383	358	4	on	on	ADP
ftr-383	358	5	the	the	DET
ftr-383	358	6	tax	tax	NOUN
ftr-383	358	7	rate	rate	NOUN
ftr-383	358	8	in	in	ADP
ftr-383	358	9	the	the	DET
ftr-383	358	10	foreign	foreign	ADJ
ftr-383	358	11	country	country	NOUN
ftr-383	358	12	,	,	PUNCT
ftr-383	358	13	an	an	DET
ftr-383	358	14	individual	individual	ADJ
ftr-383	358	15	u.s	u.s	PROPN
ftr-383	358	16	.	.	PROPN
ftr-383	358	17	shareholder	shareholder	NOUN
ftr-383	358	18	could	could	AUX
ftr-383	358	19	well	well	ADV
ftr-383	358	20	experience	experience	VERB
ftr-383	358	21	a	a	DET
ftr-383	358	22	tax	tax	NOUN
ftr-383	358	23	reduction	reduction	NOUN
ftr-383	358	24	on	on	ADP
ftr-383	358	25	corporate	corporate	NOUN
ftr-383	358	26	-	-	PUNCT
ftr-383	358	27	earned	earn	VERB
ftr-383	358	28	domestic	domestic	ADJ
ftr-383	358	29	income	income	NOUN
ftr-383	358	30	but	but	CCONJ
ftr-383	358	31	a	a	DET
ftr-383	358	32	tax	tax	NOUN
ftr-383	358	33	increase	increase	NOUN
ftr-383	358	34	on	on	ADP
ftr-383	358	35	dividends	dividend	NOUN
ftr-383	358	36	paid	pay	VERB
ftr-383	358	37	out	out	ADP
ftr-383	358	38	of	of	ADP
ftr-383	358	39	corporate	corporate	NOUN
ftr-383	358	40	-	-	PUNCT
ftr-383	358	41	earned	earn	VERB
ftr-383	358	42	foreign	foreign	ADJ
ftr-383	358	43	income	income	NOUN
ftr-383	358	44	.	.	PUNCT
ftr-383	359	1	indeed	indeed	ADV
ftr-383	359	2	,	,	PUNCT
ftr-383	359	3	if	if	SCONJ
ftr-383	359	4	there	there	PRON
ftr-383	359	5	is	be	VERB
ftr-383	359	6	any	any	DET
ftr-383	359	7	positive	positive	ADJ
ftr-383	359	8	rate	rate	NOUN
ftr-383	359	9	imposed	impose	VERB
ftr-383	359	10	on	on	ADP
ftr-383	359	11	foreign	foreign	ADJ
ftr-383	359	12	source	source	NOUN
ftr-383	359	13	income	income	NOUN
ftr-383	359	14	,	,	PUNCT
ftr-383	359	15	a	a	DET
ftr-383	359	16	dividend	dividend	NOUN
ftr-383	359	17	out	out	ADP
ftr-383	359	18	of	of	ADP
ftr-383	359	19	that	that	DET
ftr-383	359	20	income	income	NOUN
ftr-383	359	21	will	will	AUX
ftr-383	359	22	bear	bear	VERB
ftr-383	359	23	a	a	DET
ftr-383	359	24	higher	high	ADJ
ftr-383	359	25	tax	tax	NOUN
ftr-383	359	26	rate	rate	NOUN
ftr-383	359	27	than	than	ADP
ftr-383	359	28	a	a	DET
ftr-383	359	29	dividend	dividend	NOUN
ftr-383	359	30	paid	pay	VERB
ftr-383	359	31	out	out	ADP
ftr-383	359	32	of	of	ADP
ftr-383	359	33	domestic	domestic	ADJ
ftr-383	359	34	income	income	NOUN
ftr-383	359	35	.	.	PUNCT
ftr-383	360	1	thus	thus	ADV
ftr-383	360	2	,	,	PUNCT
ftr-383	360	3	the	the	DET
ftr-383	360	4	repatriation	repatriation	NOUN
ftr-383	360	5	tax	tax	NOUN
ftr-383	360	6	,	,	PUNCT
ftr-383	360	7	much	much	ADV
ftr-383	360	8	decried	decry	VERB
ftr-383	360	9	by	by	ADP
ftr-383	360	10	exemption	exemption	NOUN
ftr-383	360	11	proponents,43	proponents,43	NOUN
ftr-383	360	12	is	be	AUX
ftr-383	360	13	retained	retain	VERB
ftr-383	360	14	;	;	PUNCT
ftr-383	360	15	it	it	PRON
ftr-383	360	16	is	be	AUX
ftr-383	360	17	imposed	impose	VERB
ftr-383	360	18	at	at	ADP
ftr-383	360	19	the	the	DET
ftr-383	360	20	shareholder	shareholder	NOUN
ftr-383	360	21	level	level	NOUN
ftr-383	360	22	rather	rather	ADV
ftr-383	360	23	than	than	ADP
ftr-383	360	24	at	at	ADP
ftr-383	360	25	the	the	DET
ftr-383	360	26	corporate	corporate	ADJ
ftr-383	360	27	level	level	NOUN
ftr-383	360	28	.	.	PUNCT
ftr-383	361	1	perversely	perversely	ADV
ftr-383	361	2	,	,	PUNCT
ftr-383	361	3	only	only	ADV
ftr-383	361	4	if	if	SCONJ
ftr-383	361	5	the	the	DET
ftr-383	361	6	foreign	foreign	ADJ
ftr-383	361	7	income	income	NOUN
ftr-383	361	8	is	be	AUX
ftr-383	361	9	not	not	PART
ftr-383	361	10	subject	subject	ADJ
ftr-383	361	11	to	to	ADP
ftr-383	361	12	any	any	DET
ftr-383	361	13	tax	tax	NOUN
ftr-383	361	14	would	would	AUX
ftr-383	361	15	dividends	dividend	VERB
ftr-383	361	16	out	out	ADP
ftr-383	361	17	of	of	ADP
ftr-383	361	18	foreign	foreign	ADJ
ftr-383	361	19	and	and	CCONJ
ftr-383	361	20	domestic	domestic	ADJ
ftr-383	361	21	source	source	NOUN
ftr-383	361	22	income	income	NOUN
ftr-383	361	23	bear	bear	VERB
ftr-383	361	24	the	the	DET
ftr-383	361	25	same	same	ADJ
ftr-383	361	26	tax	tax	NOUN
ftr-383	361	27	.	.	PUNCT
ftr-383	362	1	the	the	DET
ftr-383	362	2	inherent	inherent	ADJ
ftr-383	362	3	incentive	incentive	NOUN
ftr-383	362	4	in	in	ADP
ftr-383	362	5	a	a	DET
ftr-383	362	6	territorial	territorial	ADJ
ftr-383	362	7	system	system	NOUN
ftr-383	362	8	to	to	PART
ftr-383	362	9	earn	earn	VERB
ftr-383	362	10	income	income	NOUN
ftr-383	362	11	in	in	ADP
ftr-383	362	12	no	no	DET
ftr-383	362	13	-	-	PUNCT
ftr-383	362	14	tax	tax	NOUN
ftr-383	362	15	countries	country	NOUN
ftr-383	362	16	would	would	AUX
ftr-383	362	17	thus	thus	ADV
ftr-383	362	18	be	be	AUX
ftr-383	362	19	aggravated	aggravate	VERB
ftr-383	362	20	.	.	PUNCT
ftr-383	363	1	second	second	ADJ
ftr-383	363	2	,	,	PUNCT
ftr-383	363	3	the	the	DET
ftr-383	363	4	panel	panel	NOUN
ftr-383	363	5	proposal	proposal	NOUN
ftr-383	363	6	replaces	replace	VERB
ftr-383	363	7	the	the	DET
ftr-383	363	8	asserted	asserted	ADJ
ftr-383	363	9	lock	lock	NOUN
ftr-383	363	10	-	-	PUNCT
ftr-383	363	11	in	in	ADP
ftr-383	363	12	effect	effect	NOUN
ftr-383	363	13	under	under	ADP
ftr-383	363	14	current	current	ADJ
ftr-383	363	15	law	law	NOUN
ftr-383	363	16	for	for	ADP
ftr-383	363	17	income	income	NOUN
ftr-383	363	18	earned	earn	VERB
ftr-383	363	19	abroad	abroad	ADV
ftr-383	363	20	with	with	ADP
ftr-383	363	21	a	a	DET
ftr-383	363	22	lock	lock	NOUN
ftr-383	363	23	-	-	PUNCT
ftr-383	363	24	in	in	ADP
ftr-383	363	25	2007	2007	NUM
ftr-383	363	26	territorial	territorial	NOUN
ftr-383	363	27	vs	vs	ADP
ftr-383	363	28	worldwide	worldwide	ADJ
ftr-383	363	29	international	international	ADJ
ftr-383	363	30	tax	tax	NOUN
ftr-383	363	31	systems	system	NOUN
ftr-383	363	32	301	301	NUM
ftr-383	363	33	effect	effect	NOUN
ftr-383	363	34	on	on	ADP
ftr-383	363	35	distributing	distribute	VERB
ftr-383	363	36	dividends	dividend	NOUN
ftr-383	363	37	out	out	ADP
ftr-383	363	38	of	of	ADP
ftr-383	363	39	foreign	foreign	ADJ
ftr-383	363	40	earnings	earning	NOUN
ftr-383	363	41	.	.	PUNCT
ftr-383	364	1	thus	thus	ADV
ftr-383	364	2	,	,	PUNCT
ftr-383	364	3	the	the	DET
ftr-383	364	4	only	only	ADJ
ftr-383	364	5	way	way	NOUN
ftr-383	364	6	to	to	PART
ftr-383	364	7	avoid	avoid	VERB
ftr-383	364	8	the	the	DET
ftr-383	364	9	shareholder	shareholder	NOUN
ftr-383	364	10	level	level	NOUN
ftr-383	364	11	repatriation	repatriation	NOUN
ftr-383	364	12	tax	tax	NOUN
ftr-383	364	13	is	be	AUX
ftr-383	364	14	the	the	DET
ftr-383	364	15	same	same	ADJ
ftr-383	364	16	as	as	SCONJ
ftr-383	364	17	that	that	PRON
ftr-383	364	18	used	use	VERB
ftr-383	364	19	to	to	PART
ftr-383	364	20	avoid	avoid	VERB
ftr-383	364	21	the	the	DET
ftr-383	364	22	current	current	ADJ
ftr-383	364	23	corporate	corporate	ADJ
ftr-383	364	24	-	-	PUNCT
ftr-383	364	25	level	level	NOUN
ftr-383	364	26	repatriation	repatriation	NOUN
ftr-383	364	27	tax	tax	NOUN
ftr-383	364	28	:	:	PUNCT
ftr-383	364	29	do	do	AUX
ftr-383	364	30	not	not	PART
ftr-383	364	31	distribute	distribute	VERB
ftr-383	364	32	dividends	dividend	NOUN
ftr-383	364	33	to	to	ADP
ftr-383	364	34	a	a	DET
ftr-383	364	35	u.s	u.s	PROPN
ftr-383	364	36	.	.	PROPN
ftr-383	364	37	parent	parent	PROPN
ftr-383	364	38	corporation	corporation	NOUN
ftr-383	364	39	out	out	ADP
ftr-383	364	40	of	of	ADP
ftr-383	364	41	business	business	NOUN
ftr-383	364	42	income	income	NOUN
ftr-383	364	43	earned	earn	VERB
ftr-383	364	44	by	by	ADP
ftr-383	364	45	a	a	DET
ftr-383	364	46	foreign	foreign	ADJ
ftr-383	364	47	subsidiary	subsidiary	NOUN
ftr-383	364	48	.	.	PUNCT
ftr-383	365	1	third	third	ADJ
ftr-383	365	2	,	,	PUNCT
ftr-383	365	3	and	and	CCONJ
ftr-383	365	4	following	follow	VERB
ftr-383	365	5	from	from	ADP
ftr-383	365	6	the	the	DET
ftr-383	365	7	first	first	ADJ
ftr-383	365	8	two	two	NUM
ftr-383	365	9	points	point	NOUN
ftr-383	365	10	,	,	PUNCT
ftr-383	365	11	is	be	AUX
ftr-383	365	12	that	that	SCONJ
ftr-383	365	13	the	the	DET
ftr-383	365	14	sophisticated	sophisticated	ADJ
ftr-383	365	15	tax	tax	NOUN
ftr-383	365	16	planning	planning	NOUN
ftr-383	365	17	that	that	PRON
ftr-383	365	18	currently	currently	ADV
ftr-383	365	19	takes	take	VERB
ftr-383	365	20	place	place	NOUN
ftr-383	365	21	to	to	PART
ftr-383	365	22	avoid	avoid	VERB
ftr-383	365	23	the	the	DET
ftr-383	365	24	corporatelevel	corporatelevel	ADJ
ftr-383	365	25	repatriation	repatriation	NOUN
ftr-383	365	26	tax	tax	NOUN
ftr-383	365	27	will	will	AUX
ftr-383	365	28	shift	shift	VERB
ftr-383	365	29	to	to	PART
ftr-383	365	30	be	be	AUX
ftr-383	365	31	carried	carry	VERB
ftr-383	365	32	out	out	ADP
ftr-383	365	33	to	to	PART
ftr-383	365	34	avoid	avoid	VERB
ftr-383	365	35	the	the	DET
ftr-383	365	36	shareholder	shareholder	NOUN
ftr-383	365	37	-	-	PUNCT
ftr-383	365	38	level	level	NOUN
ftr-383	365	39	repatriation	repatriation	NOUN
ftr-383	365	40	tax	tax	NOUN
ftr-383	365	41	.	.	PUNCT
ftr-383	366	1	it	it	PRON
ftr-383	366	2	is	be	AUX
ftr-383	366	3	thus	thus	ADV
ftr-383	366	4	clear	clear	ADJ
ftr-383	366	5	that	that	SCONJ
ftr-383	366	6	,	,	PUNCT
ftr-383	366	7	under	under	ADP
ftr-383	366	8	the	the	DET
ftr-383	366	9	panel	panel	NOUN
ftr-383	366	10	proposal	proposal	NOUN
ftr-383	366	11	,	,	PUNCT
ftr-383	366	12	both	both	CCONJ
ftr-383	366	13	horizontal	horizontal	ADJ
ftr-383	366	14	and	and	CCONJ
ftr-383	366	15	vertical	vertical	ADJ
ftr-383	366	16	equity	equity	NOUN
ftr-383	366	17	principles	principle	NOUN
ftr-383	366	18	would	would	AUX
ftr-383	366	19	be	be	AUX
ftr-383	366	20	violated	violate	VERB
ftr-383	366	21	.	.	PUNCT
ftr-383	367	1	shareholders	shareholder	NOUN
ftr-383	367	2	with	with	ADP
ftr-383	367	3	the	the	DET
ftr-383	367	4	same	same	ADJ
ftr-383	367	5	amount	amount	NOUN
ftr-383	367	6	of	of	ADP
ftr-383	367	7	dividend	dividend	NOUN
ftr-383	367	8	and	and	CCONJ
ftr-383	367	9	other	other	ADJ
ftr-383	367	10	income	income	NOUN
ftr-383	367	11	generally	generally	ADV
ftr-383	367	12	would	would	AUX
ftr-383	367	13	not	not	PART
ftr-383	367	14	pay	pay	VERB
ftr-383	367	15	the	the	DET
ftr-383	367	16	same	same	ADJ
ftr-383	367	17	amount	amount	NOUN
ftr-383	367	18	of	of	ADP
ftr-383	367	19	tax	tax	NOUN
ftr-383	367	20	.	.	PUNCT
ftr-383	368	1	nor	nor	CCONJ
ftr-383	368	2	would	would	AUX
ftr-383	368	3	there	there	PRON
ftr-383	368	4	be	be	AUX
ftr-383	368	5	any	any	DET
ftr-383	368	6	guarantee	guarantee	NOUN
ftr-383	368	7	that	that	SCONJ
ftr-383	368	8	higher	high	ADJ
ftr-383	368	9	income	income	NOUN
ftr-383	368	10	shareholders	shareholder	NOUN
ftr-383	368	11	would	would	AUX
ftr-383	368	12	bear	bear	VERB
ftr-383	368	13	a	a	DET
ftr-383	368	14	relatively	relatively	ADV
ftr-383	368	15	greater	great	ADJ
ftr-383	368	16	tax	tax	NOUN
ftr-383	368	17	than	than	ADP
ftr-383	368	18	lower	low	ADJ
ftr-383	368	19	income	income	NOUN
ftr-383	368	20	counterparts	counterpart	NOUN
ftr-383	368	21	,	,	PUNCT
ftr-383	368	22	at	at	ADP
ftr-383	368	23	least	least	ADJ
ftr-383	368	24	not	not	PART
ftr-383	368	25	in	in	ADP
ftr-383	368	26	the	the	DET
ftr-383	368	27	manner	manner	NOUN
ftr-383	368	28	specified	specify	VERB
ftr-383	368	29	in	in	ADP
ftr-383	368	30	irc	irc	PROPN
ftr-383	368	31	§	§	NOUN
ftr-383	368	32	1	1	NUM
ftr-383	368	33	.	.	PUNCT
ftr-383	368	34	part	part	NOUN
ftr-383	368	35	vi	vi	PROPN
ftr-383	369	1	the	the	DET
ftr-383	369	2	panel	panel	NOUN
ftr-383	369	3	report	report	NOUN
ftr-383	369	4	missed	miss	VERB
ftr-383	369	5	an	an	DET
ftr-383	369	6	opportunity	opportunity	NOUN
ftr-383	369	7	to	to	PART
ftr-383	369	8	assist	assist	VERB
ftr-383	369	9	u.s	u.s	PROPN
ftr-383	369	10	.	.	PROPN
ftr-383	369	11	tax	tax	NOUN
ftr-383	369	12	policy	policy	NOUN
ftr-383	369	13	makers	maker	NOUN
ftr-383	369	14	and	and	CCONJ
ftr-383	369	15	the	the	DET
ftr-383	369	16	american	american	ADJ
ftr-383	369	17	public	public	NOUN
ftr-383	369	18	by	by	ADP
ftr-383	369	19	comparing	compare	VERB
ftr-383	369	20	its	its	PRON
ftr-383	369	21	proposed	propose	VERB
ftr-383	369	22	exemption	exemption	NOUN
ftr-383	369	23	system	system	NOUN
ftr-383	369	24	only	only	ADV
ftr-383	369	25	to	to	ADP
ftr-383	369	26	the	the	DET
ftr-383	369	27	current	current	ADJ
ftr-383	369	28	flawed	flaw	VERB
ftr-383	369	29	ftc	ftc	PROPN
ftr-383	369	30	system	system	NOUN
ftr-383	369	31	.	.	PUNCT
ftr-383	370	1	in	in	ADP
ftr-383	370	2	my	my	PRON
ftr-383	370	3	view	view	NOUN
ftr-383	370	4	,	,	PUNCT
ftr-383	370	5	it	it	PRON
ftr-383	370	6	would	would	AUX
ftr-383	370	7	have	have	AUX
ftr-383	370	8	performed	perform	VERB
ftr-383	370	9	its	its	PRON
ftr-383	370	10	stated	state	VERB
ftr-383	370	11	mission	mission	NOUN
ftr-383	370	12	far	far	ADV
ftr-383	370	13	better	well	ADV
ftr-383	370	14	if	if	SCONJ
ftr-383	370	15	it	it	PRON
ftr-383	370	16	had	have	AUX
ftr-383	370	17	also	also	ADV
ftr-383	370	18	compared	compare	VERB
ftr-383	370	19	its	its	PRON
ftr-383	370	20	exemption	exemption	NOUN
ftr-383	370	21	proposal	proposal	NOUN
ftr-383	370	22	with	with	ADP
ftr-383	370	23	a	a	DET
ftr-383	370	24	model	model	ADJ
ftr-383	370	25	wwi	wwi	PROPN
ftr-383	370	26	/	/	SYM
ftr-383	370	27	ftc	ftc	PROPN
ftr-383	370	28	system	system	NOUN
ftr-383	370	29	so	so	SCONJ
ftr-383	370	30	that	that	SCONJ
ftr-383	370	31	taxpayers	taxpayer	NOUN
ftr-383	370	32	and	and	CCONJ
ftr-383	370	33	tax	tax	NOUN
ftr-383	370	34	policymakers	policymaker	NOUN
ftr-383	370	35	could	could	AUX
ftr-383	370	36	have	have	AUX
ftr-383	370	37	formed	form	VERB
ftr-383	370	38	a	a	DET
ftr-383	370	39	better	well	ADJ
ftr-383	370	40	judgment	judgment	NOUN
ftr-383	370	41	as	as	ADP
ftr-383	370	42	to	to	ADP
ftr-383	370	43	which	which	DET
ftr-383	370	44	direction	direction	NOUN
ftr-383	370	45	the	the	DET
ftr-383	370	46	u.s	u.s	PROPN
ftr-383	370	47	.	.	PROPN
ftr-383	370	48	should	should	AUX
ftr-383	370	49	move	move	VERB
ftr-383	370	50	in	in	ADP
ftr-383	370	51	reforming	reform	VERB
ftr-383	370	52	its	its	PRON
ftr-383	370	53	international	international	ADJ
ftr-383	370	54	tax	tax	NOUN
ftr-383	370	55	system	system	NOUN
ftr-383	370	56	.	.	PUNCT
ftr-383	371	1	of	of	ADP
ftr-383	371	2	course	course	NOUN
ftr-383	371	3	,	,	PUNCT
ftr-383	371	4	had	have	VERB
ftr-383	371	5	the	the	DET
ftr-383	371	6	panel	panel	NOUN
ftr-383	371	7	done	do	VERB
ftr-383	371	8	so	so	ADV
ftr-383	371	9	,	,	PUNCT
ftr-383	371	10	it	it	PRON
ftr-383	371	11	might	might	AUX
ftr-383	371	12	well	well	ADV
ftr-383	371	13	have	have	AUX
ftr-383	371	14	concluded	conclude	VERB
ftr-383	371	15	,	,	PUNCT
ftr-383	371	16	as	as	SCONJ
ftr-383	371	17	did	do	VERB
ftr-383	371	18	this	this	DET
ftr-383	371	19	examination	examination	NOUN
ftr-383	371	20	of	of	ADP
ftr-383	371	21	the	the	DET
ftr-383	371	22	issues	issue	NOUN
ftr-383	371	23	,	,	PUNCT
ftr-383	371	24	that	that	SCONJ
ftr-383	371	25	a	a	DET
ftr-383	371	26	model	model	NOUN
ftr-383	371	27	wwi	wwi	PROPN
ftr-383	371	28	/	/	SYM
ftr-383	371	29	ftc	ftc	PROPN
ftr-383	371	30	system	system	NOUN
ftr-383	371	31	is	be	AUX
ftr-383	371	32	superior	superior	ADJ
ftr-383	371	33	to	to	ADP
ftr-383	371	34	a	a	DET
ftr-383	371	35	territorial	territorial	ADJ
ftr-383	371	36	system	system	NOUN
ftr-383	371	37	,	,	PUNCT
ftr-383	371	38	on	on	ADP
ftr-383	371	39	simplicity	simplicity	NOUN
ftr-383	371	40	,	,	PUNCT
ftr-383	371	41	efficiency	efficiency	NOUN
ftr-383	371	42	,	,	PUNCT
ftr-383	371	43	and	and	CCONJ
ftr-383	371	44	equity	equity	NOUN
ftr-383	371	45	grounds	ground	NOUN
ftr-383	371	46	.	.	PUNCT