id	sid	tid	token	lemma	pos
ftr-441	1	1	florida	florida	PROPN
ftr-441	1	2	tax	tax	PROPN
ftr-441	1	3	review	review	NOUN
ftr-441	1	4	volume	volume	NOUN
ftr-441	1	5	4	4	NUM
ftr-441	1	6	1999	1999	NUM
ftr-441	1	7	number	number	NOUN
ftr-441	1	8	3	3	NUM
ftr-441	1	9	the	the	DET
ftr-441	1	10	future	future	ADJ
ftr-441	1	11	taxation	taxation	NOUN
ftr-441	1	12	of	of	ADP
ftr-441	1	13	private	private	ADJ
ftr-441	1	14	business	business	NOUN
ftr-441	1	15	firms	firm	NOUN
ftr-441	1	16	george	george	PROPN
ftr-441	1	17	k	k	PROPN
ftr-441	1	18	yin	yin	PROPN
ftr-441	1	19	'	'	PUNCT
ftr-441	1	20	i.	i.	NOUN
ftr-441	1	21	introduction	introduction	NOUN
ftr-441	1	22	................................	................................	PUNCT
ftr-441	1	23	144	144	NUM
ftr-441	1	24	ii	ii	NOUN
ftr-441	1	25	.	.	PUNCT
ftr-441	2	1	the	the	DET
ftr-441	2	2	need	need	NOUN
ftr-441	2	3	to	to	PART
ftr-441	2	4	reexamine	reexamine	VERB
ftr-441	2	5	current	current	ADJ
ftr-441	2	6	law	law	NOUN
ftr-441	2	7	............	............	PUNCT
ftr-441	2	8	144	144	NUM
ftr-441	2	9	u.	u.	NOUN
ftr-441	2	10	taxation	taxation	NOUN
ftr-441	2	11	of	of	ADP
ftr-441	2	12	private	private	ADJ
ftr-441	2	13	firms	firm	NOUN
ftr-441	2	14	as	as	ADP
ftr-441	2	15	conduits	conduit	NOUN
ftr-441	2	16	............	............	PUNCT
ftr-441	2	17	150	150	NUM
ftr-441	2	18	a.	a.	NOUN
ftr-441	2	19	the	the	DET
ftr-441	2	20	basic	basic	ADJ
ftr-441	2	21	case	case	NOUN
ftr-441	2	22	for	for	ADP
ftr-441	2	23	conduit	conduit	NOUN
ftr-441	2	24	taxation	taxation	NOUN
ftr-441	2	25	...........	...........	PUNCT
ftr-441	3	1	151	151	NUM
ftr-441	3	2	b.	b.	NOUN
ftr-441	3	3	the	the	DET
ftr-441	3	4	fundamental	fundamental	ADJ
ftr-441	3	5	difficulty	difficulty	NOUN
ftr-441	3	6	of	of	ADP
ftr-441	3	7	conduit	conduit	NOUN
ftr-441	3	8	taxation	taxation	NOUN
ftr-441	3	9	and	and	CCONJ
ftr-441	3	10	the	the	DET
ftr-441	3	11	case	case	NOUN
ftr-441	3	12	for	for	ADP
ftr-441	3	13	entity	entity	NOUN
ftr-441	3	14	taxation	taxation	NOUN
ftr-441	3	15	...............	...............	PUNCT
ftr-441	3	16	153	153	NUM
ftr-441	3	17	1	1	NUM
ftr-441	3	18	.	.	PUNCT
ftr-441	3	19	economic	economic	ADJ
ftr-441	3	20	effect	effect	NOUN
ftr-441	3	21	.....................	.....................	PUNCT
ftr-441	3	22	156	156	NUM
ftr-441	3	23	2	2	NUM
ftr-441	3	24	.	.	PUNCT
ftr-441	3	25	substantiality	substantiality	NOUN
ftr-441	3	26	.......................	.......................	PUNCT
ftr-441	3	27	160	160	NUM
ftr-441	3	28	3	3	NUM
ftr-441	3	29	.	.	PUNCT
ftr-441	3	30	subjective	subjective	ADJ
ftr-441	3	31	purpose	purpose	NOUN
ftr-441	3	32	...................	...................	PUNCT
ftr-441	4	1	162	162	NUM
ftr-441	4	2	4	4	NUM
ftr-441	4	3	.	.	PUNCT
ftr-441	4	4	would	would	AUX
ftr-441	4	5	some	some	DET
ftr-441	4	6	other	other	ADJ
ftr-441	4	7	test	test	NOUN
ftr-441	4	8	be	be	AUX
ftr-441	4	9	effective	effective	ADJ
ftr-441	4	10	?	?	PUNCT
ftr-441	5	1	.....	.....	PUNCT
ftr-441	6	1	163	163	NUM
ftr-441	6	2	5	5	NUM
ftr-441	6	3	.	.	PUNCT
ftr-441	7	1	summary	summary	NOUN
ftr-441	7	2	..........................	..........................	PUNCT
ftr-441	7	3	164	164	NUM
ftr-441	7	4	c.	c.	NOUN
ftr-441	7	5	which	which	DET
ftr-441	7	6	approach	approach	NOUN
ftr-441	7	7	would	would	AUX
ftr-441	7	8	be	be	AUX
ftr-441	7	9	more	more	ADV
ftr-441	7	10	administrable	administrable	ADJ
ftr-441	7	11	?	?	PUNCT
ftr-441	7	12	...	...	PUNCT
ftr-441	8	1	165	165	NUM
ftr-441	8	2	d.	d.	NOUN
ftr-441	8	3	summary	summary	NOUN
ftr-441	8	4	and	and	CCONJ
ftr-441	8	5	conclusion	conclusion	NOUN
ftr-441	8	6	....................	....................	PUNCT
ftr-441	8	7	171	171	NUM
ftr-441	8	8	iv	iv	NOUN
ftr-441	8	9	.	.	PUNCT
ftr-441	9	1	a	a	DET
ftr-441	9	2	smiplified	smiplifie	VERB
ftr-441	9	3	version	version	NOUN
ftr-441	9	4	of	of	ADP
ftr-441	9	5	conduit	conduit	NOUN
ftr-441	9	6	taxation	taxation	NOUN
ftr-441	9	7	........	........	PUNCT
ftr-441	9	8	172	172	NUM
ftr-441	9	9	a.	a.	NOUN
ftr-441	9	10	introduction	introduction	NOUN
ftr-441	9	11	.............................	.............................	PUNCT
ftr-441	9	12	172	172	NUM
ftr-441	9	13	b.	b.	PROPN
ftr-441	9	14	eligibility	eligibility	NOUN
ftr-441	9	15	for	for	ADP
ftr-441	9	16	the	the	DET
ftr-441	9	17	simplified	simplified	ADJ
ftr-441	9	18	version	version	NOUN
ftr-441	9	19	:	:	PUNCT
ftr-441	9	20	theory	theory	NOUN
ftr-441	9	21	and	and	CCONJ
ftr-441	9	22	definition	definition	NOUN
ftr-441	9	23	......................	......................	PUNCT
ftr-441	9	24	174	174	NUM
ftr-441	9	25	1	1	NUM
ftr-441	9	26	.	.	PUNCT
ftr-441	9	27	ownership	ownership	NOUN
ftr-441	9	28	limitations	limitation	NOUN
ftr-441	9	29	................	................	PUNCT
ftr-441	9	30	176	176	NUM
ftr-441	9	31	a.	a.	NOUN
ftr-441	9	32	individuals	individual	NOUN
ftr-441	9	33	as	as	ADP
ftr-441	9	34	owners	owner	NOUN
ftr-441	9	35	...........	...........	PUNCT
ftr-441	9	36	176	176	NUM
ftr-441	9	37	b.	b.	NOUN
ftr-441	9	38	public	public	ADJ
ftr-441	9	39	subchapter	subchapter	NOUN
ftr-441	9	40	c	c	NOUN
ftr-441	9	41	firms	firm	NOUN
ftr-441	9	42	as	as	ADP
ftr-441	9	43	owners	owner	NOUN
ftr-441	9	44	...................	...................	PUNCT
ftr-441	9	45	182	182	NUM
ftr-441	9	46	c.	c.	PROPN
ftr-441	9	47	other	other	ADJ
ftr-441	9	48	possible	possible	ADJ
ftr-441	9	49	owners	owner	NOUN
ftr-441	9	50	..........	..........	PUNCT
ftr-441	10	1	185	185	NUM
ftr-441	10	2	*	*	PUNCT
ftr-441	10	3	harrison	harrison	PROPN
ftr-441	10	4	foundation	foundation	PROPN
ftr-441	10	5	research	research	PROPN
ftr-441	10	6	professor	professor	NOUN
ftr-441	10	7	of	of	ADP
ftr-441	10	8	law	law	NOUN
ftr-441	10	9	,	,	PUNCT
ftr-441	10	10	university	university	PROPN
ftr-441	10	11	of	of	ADP
ftr-441	10	12	virginia	virginia	PROPN
ftr-441	10	13	.	.	PUNCT
ftr-441	11	1	copyright	copyright	NOUN
ftr-441	11	2	©	©	PROPN
ftr-441	11	3	1998	1998	NUM
ftr-441	11	4	by	by	ADP
ftr-441	11	5	george	george	PROPN
ftr-441	11	6	k.	k.	PROPN
ftr-441	11	7	yin	yin	PROPN
ftr-441	11	8	.	.	PUNCT
ftr-441	12	1	this	this	DET
ftr-441	12	2	article	article	NOUN
ftr-441	12	3	represents	represent	VERB
ftr-441	12	4	a	a	DET
ftr-441	12	5	continuation	continuation	NOUN
ftr-441	12	6	of	of	ADP
ftr-441	12	7	work	work	NOUN
ftr-441	12	8	i	i	PRON
ftr-441	12	9	have	have	AUX
ftr-441	12	10	done	do	VERB
ftr-441	12	11	as	as	ADP
ftr-441	12	12	reporter	reporter	NOUN
ftr-441	12	13	to	to	ADP
ftr-441	12	14	the	the	DET
ftr-441	12	15	american	american	PROPN
ftr-441	12	16	law	law	PROPN
ftr-441	12	17	institute	institute	PROPN
ftr-441	12	18	's	's	PART
ftr-441	12	19	federal	federal	ADJ
ftr-441	12	20	income	income	NOUN
ftr-441	12	21	tax	tax	NOUN
ftr-441	12	22	project	project	NOUN
ftr-441	12	23	on	on	ADP
ftr-441	12	24	the	the	DET
ftr-441	12	25	taxation	taxation	NOUN
ftr-441	12	26	of	of	ADP
ftr-441	12	27	private	private	ADJ
ftr-441	12	28	business	business	NOUN
ftr-441	12	29	enterprises	enterprise	NOUN
ftr-441	12	30	.	.	PUNCT
ftr-441	13	1	portions	portion	NOUN
ftr-441	13	2	of	of	ADP
ftr-441	13	3	this	this	DET
ftr-441	13	4	article	article	NOUN
ftr-441	13	5	have	have	AUX
ftr-441	13	6	been	be	AUX
ftr-441	13	7	drawn	draw	VERB
ftr-441	13	8	from	from	ADP
ftr-441	13	9	drafts	draft	NOUN
ftr-441	13	10	and	and	CCONJ
ftr-441	13	11	discussions	discussion	NOUN
ftr-441	13	12	undertaken	undertake	VERB
ftr-441	13	13	in	in	ADP
ftr-441	13	14	connection	connection	NOUN
ftr-441	13	15	with	with	ADP
ftr-441	13	16	that	that	DET
ftr-441	13	17	project	project	NOUN
ftr-441	13	18	as	as	ADV
ftr-441	13	19	well	well	ADV
ftr-441	13	20	as	as	ADP
ftr-441	13	21	from	from	ADP
ftr-441	13	22	a	a	DET
ftr-441	13	23	prior	prior	ADJ
ftr-441	13	24	article	article	NOUN
ftr-441	13	25	,	,	PUNCT
ftr-441	13	26	george	george	PROPN
ftr-441	13	27	k.	k.	PROPN
ftr-441	13	28	yim	yim	PROPN
ftr-441	13	29	,	,	PUNCT
ftr-441	13	30	the	the	DET
ftr-441	13	31	taxation	taxation	NOUN
ftr-441	13	32	of	of	ADP
ftr-441	13	33	private	private	ADJ
ftr-441	13	34	business	business	NOUN
ftr-441	13	35	enterprises	enterprise	NOUN
ftr-441	13	36	:	:	PUNCT
ftr-441	13	37	some	some	DET
ftr-441	13	38	policy	policy	NOUN
ftr-441	13	39	questions	question	NOUN
ftr-441	13	40	stimulated	stimulate	VERB
ftr-441	13	41	by	by	ADP
ftr-441	13	42	the	the	DET
ftr-441	13	43	"	"	PUNCT
ftr-441	13	44	check	check	VERB
ftr-441	13	45	-	-	PUNCT
ftr-441	13	46	the	the	DET
ftr-441	13	47	-	-	PUNCT
ftr-441	13	48	box	box	NOUN
ftr-441	13	49	"	"	PUNCT
ftr-441	13	50	regulations	regulation	NOUN
ftr-441	13	51	,	,	PUNCT
ftr-441	13	52	51	51	NUM
ftr-441	13	53	smu	smu	NOUN
ftr-441	13	54	law	law	NOUN
ftr-441	13	55	rev	rev	VERB
ftr-441	13	56	.	.	PROPN
ftr-441	13	57	125	125	NUM
ftr-441	13	58	(	(	PUNCT
ftr-441	13	59	1997	1997	NUM
ftr-441	13	60	)	)	PUNCT
ftr-441	13	61	.	.	PUNCT
ftr-441	14	1	none	none	NOUN
ftr-441	14	2	of	of	ADP
ftr-441	14	3	the	the	DET
ftr-441	14	4	views	view	NOUN
ftr-441	14	5	expressed	express	VERB
ftr-441	14	6	here	here	ADV
ftr-441	14	7	should	should	AUX
ftr-441	14	8	be	be	AUX
ftr-441	14	9	attributed	attribute	VERB
ftr-441	14	10	to	to	ADP
ftr-441	14	11	the	the	DET
ftr-441	14	12	all	all	PRON
ftr-441	14	13	to	to	ADP
ftr-441	14	14	my	my	PRON
ftr-441	14	15	co	co	NOUN
ftr-441	14	16	-	-	NOUN
ftr-441	14	17	reporter	reporter	NOUN
ftr-441	14	18	,	,	PUNCT
ftr-441	14	19	professor	professor	PROPN
ftr-441	14	20	david	david	PROPN
ftr-441	14	21	shakow	shakow	PROPN
ftr-441	14	22	,	,	PUNCT
ftr-441	14	23	or	or	CCONJ
ftr-441	14	24	to	to	ADP
ftr-441	14	25	any	any	PRON
ftr-441	14	26	of	of	ADP
ftr-441	14	27	the	the	DET
ftr-441	14	28	consultants	consultant	NOUN
ftr-441	14	29	to	to	ADP
ftr-441	14	30	the	the	DET
ftr-441	14	31	project	project	NOUN
ftr-441	14	32	.	.	PUNCT
ftr-441	15	1	i	i	PRON
ftr-441	15	2	am	be	AUX
ftr-441	15	3	greatly	greatly	ADV
ftr-441	15	4	indebted	indebted	ADJ
ftr-441	15	5	to	to	ADP
ftr-441	15	6	professor	professor	NOUN
ftr-441	15	7	shakow	shakow	NOUN
ftr-441	15	8	for	for	ADP
ftr-441	15	9	his	his	PRON
ftr-441	15	10	close	close	ADJ
ftr-441	15	11	and	and	CCONJ
ftr-441	15	12	continuing	continue	VERB
ftr-441	15	13	collaboration	collaboration	NOUN
ftr-441	15	14	on	on	ADP
ftr-441	15	15	the	the	DET
ftr-441	15	16	project	project	NOUN
ftr-441	15	17	and	and	CCONJ
ftr-441	15	18	his	his	PRON
ftr-441	15	19	assistance	assistance	NOUN
ftr-441	15	20	in	in	ADP
ftr-441	15	21	preparing	prepare	VERB
ftr-441	15	22	this	this	DET
ftr-441	15	23	article	article	NOUN
ftr-441	15	24	.	.	PUNCT
ftr-441	16	1	all	all	DET
ftr-441	16	2	errors	error	NOUN
ftr-441	16	3	are	be	AUX
ftr-441	16	4	mine	mine	PRON
ftr-441	16	5	alone	alone	ADV
ftr-441	16	6	.	.	PUNCT
ftr-441	17	1	this	this	DET
ftr-441	17	2	article	article	NOUN
ftr-441	17	3	was	be	AUX
ftr-441	17	4	prepared	prepare	VERB
ftr-441	17	5	for	for	ADP
ftr-441	17	6	presentation	presentation	NOUN
ftr-441	17	7	at	at	ADP
ftr-441	17	8	a	a	DET
ftr-441	17	9	february	february	PROPN
ftr-441	17	10	1998	1998	NUM
ftr-441	17	11	symposium	symposium	NOUN
ftr-441	17	12	and	and	CCONJ
ftr-441	17	13	research	research	NOUN
ftr-441	17	14	for	for	ADP
ftr-441	17	15	it	it	PRON
ftr-441	17	16	was	be	AUX
ftr-441	17	17	completed	complete	VERB
ftr-441	17	18	in	in	ADP
ftr-441	17	19	may	may	PROPN
ftr-441	17	20	1998	1998	NUM
ftr-441	17	21	.	.	PUNCT
ftr-441	18	1	a	a	DET
ftr-441	18	2	final	final	ADJ
ftr-441	18	3	ali	ali	PROPN
ftr-441	18	4	reporters	reporter	NOUN
ftr-441	18	5	'	'	PART
ftr-441	18	6	study	study	NOUN
ftr-441	18	7	is	be	AUX
ftr-441	18	8	scheduled	schedule	VERB
ftr-441	18	9	to	to	PART
ftr-441	18	10	be	be	AUX
ftr-441	18	11	published	publish	VERB
ftr-441	18	12	in	in	ADP
ftr-441	18	13	june	june	PROPN
ftr-441	18	14	1999	1999	NUM
ftr-441	18	15	.	.	PUNCT
ftr-441	19	1	florida	florida	PROPN
ftr-441	19	2	tax	tax	PROPN
ftr-441	19	3	review	review	PROPN
ftr-441	19	4	d.	d.	PROPN
ftr-441	19	5	summary	summary	PROPN
ftr-441	19	6	....................	....................	PUNCT
ftr-441	20	1	190	190	NUM
ftr-441	20	2	2	2	NUM
ftr-441	20	3	.	.	PUNCT
ftr-441	21	1	only	only	ADV
ftr-441	21	2	one	one	NUM
ftr-441	21	3	class	class	NOUN
ftr-441	21	4	of	of	ADP
ftr-441	21	5	residual	residual	ADJ
ftr-441	21	6	ownership	ownership	NOUN
ftr-441	21	7	interests	interest	NOUN
ftr-441	21	8	..........................	..........................	PUNCT
ftr-441	22	1	190	190	NUM
ftr-441	22	2	3	3	NUM
ftr-441	22	3	.	.	PUNCT
ftr-441	22	4	other	other	ADJ
ftr-441	22	5	eligibility	eligibility	NOUN
ftr-441	22	6	conditions	condition	NOUN
ftr-441	22	7	not	not	PART
ftr-441	22	8	proposed	propose	VERB
ftr-441	22	9	..	..	PUNCT
ftr-441	22	10	194	194	NUM
ftr-441	22	11	a.	a.	NOUN
ftr-441	22	12	number	number	NOUN
ftr-441	22	13	of	of	ADP
ftr-441	22	14	owners	owner	NOUN
ftr-441	22	15	.............	.............	PUNCT
ftr-441	22	16	195	195	NUM
ftr-441	22	17	b.	b.	NOUN
ftr-441	22	18	ownership	ownership	NOUN
ftr-441	22	19	of	of	ADP
ftr-441	22	20	other	other	ADJ
ftr-441	22	21	entities	entity	NOUN
ftr-441	22	22	.......	.......	PUNCT
ftr-441	22	23	196	196	NUM
ftr-441	22	24	c.	c.	NOUN
ftr-441	22	25	nature	nature	NOUN
ftr-441	22	26	of	of	ADP
ftr-441	22	27	income	income	NOUN
ftr-441	22	28	..............	..............	PUNCT
ftr-441	23	1	196	196	NUM
ftr-441	23	2	d.	d.	NOUN
ftr-441	23	3	size	size	NOUN
ftr-441	23	4	of	of	ADP
ftr-441	23	5	enterprise	enterprise	NOUN
ftr-441	23	6	(	(	PUNCT
ftr-441	23	7	measured	measure	VERB
ftr-441	23	8	by	by	ADP
ftr-441	23	9	assets	asset	NOUN
ftr-441	23	10	,	,	PUNCT
ftr-441	23	11	sales	sale	NOUN
ftr-441	23	12	,	,	PUNCT
ftr-441	23	13	income	income	NOUN
ftr-441	23	14	or	or	CCONJ
ftr-441	23	15	some	some	DET
ftr-441	23	16	other	other	ADJ
ftr-441	23	17	measure	measure	NOUN
ftr-441	23	18	)	)	PUNCT
ftr-441	23	19	...........	...........	PUNCT
ftr-441	23	20	199	199	NUM
ftr-441	23	21	c.	c.	NOUN
ftr-441	23	22	operating	operating	NOUN
ftr-441	23	23	rule	rule	NOUN
ftr-441	23	24	provisions	provision	NOUN
ftr-441	23	25	of	of	ADP
ftr-441	23	26	the	the	DET
ftr-441	23	27	simplified	simplified	ADJ
ftr-441	23	28	system	system	NOUN
ftr-441	23	29	.................................	.................................	PUNCT
ftr-441	24	1	202	202	NUM
ftr-441	24	2	1	1	X
ftr-441	24	3	.	.	PUNCT
ftr-441	24	4	explicitly	explicitly	ADV
ftr-441	24	5	elective	elective	ADJ
ftr-441	24	6	system	system	NOUN
ftr-441	24	7	..............	..............	PUNCT
ftr-441	25	1	202	202	NUM
ftr-441	25	2	2	2	NUM
ftr-441	25	3	.	.	PUNCT
ftr-441	25	4	passthrough	passthrough	NOUN
ftr-441	25	5	scheme	scheme	NOUN
ftr-441	25	6	;	;	PUNCT
ftr-441	25	7	allocations	allocation	NOUN
ftr-441	25	8	of	of	ADP
ftr-441	25	9	tax	tax	NOUN
ftr-441	25	10	items	item	NOUN
ftr-441	25	11	and	and	CCONJ
ftr-441	25	12	debt	debt	NOUN
ftr-441	25	13	of	of	ADP
ftr-441	25	14	the	the	DET
ftr-441	25	15	firm	firm	NOUN
ftr-441	25	16	.............	.............	PUNCT
ftr-441	25	17	203	203	NUM
ftr-441	25	18	a.	a.	NOUN
ftr-441	25	19	in	in	ADP
ftr-441	25	20	general	general	ADJ
ftr-441	25	21	...................	...................	PUNCT
ftr-441	25	22	203	203	NUM
ftr-441	25	23	b.	b.	PROPN
ftr-441	25	24	preferred	prefer	VERB
ftr-441	25	25	interests	interest	NOUN
ftr-441	25	26	.............	.............	PUNCT
ftr-441	25	27	205	205	NUM
ftr-441	25	28	c.	c.	NOUN
ftr-441	25	29	losses	loss	NOUN
ftr-441	25	30	......................	......................	PUNCT
ftr-441	26	1	206	206	NUM
ftr-441	26	2	d.	d.	PROPN
ftr-441	26	3	spbf	spbf	PROPN
ftr-441	26	4	liabilities	liability	NOUN
ftr-441	26	5	...............	...............	PUNCT
ftr-441	26	6	207	207	NUM
ftr-441	26	7	3	3	NUM
ftr-441	26	8	.	.	PUNCT
ftr-441	26	9	contributions	contribution	NOUN
ftr-441	26	10	and	and	CCONJ
ftr-441	26	11	distributions	distribution	NOUN
ftr-441	26	12	..........	..........	PUNCT
ftr-441	26	13	211	211	NUM
ftr-441	26	14	a.	a.	NOUN
ftr-441	26	15	contributions	contribution	NOUN
ftr-441	26	16	-	-	PUNCT
ftr-441	26	17	present	present	ADJ
ftr-441	26	18	law	law	NOUN
ftr-441	26	19	.......	.......	PUNCT
ftr-441	26	20	211	211	NUM
ftr-441	26	21	b.	b.	NOUN
ftr-441	26	22	distributions	distribution	NOUN
ftr-441	26	23	-	-	PUNCT
ftr-441	26	24	present	present	ADJ
ftr-441	26	25	law	law	NOUN
ftr-441	26	26	.......	.......	PUNCT
ftr-441	26	27	213	213	NUM
ftr-441	26	28	c.	c.	NOUN
ftr-441	26	29	additional	additional	ADJ
ftr-441	26	30	partnership	partnership	NOUN
ftr-441	26	31	rules	rule	NOUN
ftr-441	26	32	to	to	PART
ftr-441	26	33	prevent	prevent	VERB
ftr-441	26	34	income	income	NOUN
ftr-441	26	35	shifting	shifting	NOUN
ftr-441	26	36	,	,	PUNCT
ftr-441	26	37	income	income	NOUN
ftr-441	26	38	character	character	NOUN
ftr-441	26	39	changes	change	NOUN
ftr-441	26	40	,	,	PUNCT
ftr-441	26	41	and	and	CCONJ
ftr-441	26	42	timing	time	VERB
ftr-441	26	43	distortions	distortion	NOUN
ftr-441	26	44	...................	...................	PUNCT
ftr-441	26	45	214	214	NUM
ftr-441	26	46	i.	i.	NOUN
ftr-441	26	47	section	section	NOUN
ftr-441	26	48	704(c)(1)(a	704(c)(1)(a	PROPN
ftr-441	26	49	)	)	PUNCT
ftr-441	26	50	.......	.......	PUNCT
ftr-441	26	51	214	214	NUM
ftr-441	26	52	ii	ii	NOUN
ftr-441	26	53	.	.	PUNCT
ftr-441	26	54	reverse	reverse	PROPN
ftr-441	26	55	section	section	NOUN
ftr-441	26	56	704(c	704(c	PROPN
ftr-441	26	57	)	)	PUNCT
ftr-441	26	58	allocations	allocation	NOUN
ftr-441	26	59	.............	.............	PUNCT
ftr-441	26	60	216	216	NUM
ftr-441	26	61	iii	iii	NOUN
ftr-441	26	62	.	.	PUNCT
ftr-441	26	63	section	section	NOUN
ftr-441	26	64	704(c)(1)(b	704(c)(1)(b	PROPN
ftr-441	26	65	)	)	PUNCT
ftr-441	26	66	.......	.......	PUNCT
ftr-441	26	67	216	216	NUM
ftr-441	26	68	iv	iv	NOUN
ftr-441	26	69	.	.	PUNCT
ftr-441	26	70	section	section	NOUN
ftr-441	26	71	737	737	NUM
ftr-441	26	72	.............	.............	SYM
ftr-441	26	73	216	216	NUM
ftr-441	26	74	v.	v.	ADP
ftr-441	26	75	section	section	NOUN
ftr-441	26	76	707(a)(2)(b	707(a)(2)(b	PROPN
ftr-441	26	77	)	)	PUNCT
ftr-441	26	78	......	......	PUNCT
ftr-441	26	79	217	217	NUM
ftr-441	26	80	vi	vi	NOUN
ftr-441	26	81	.	.	PROPN
ftr-441	26	82	section	section	NOUN
ftr-441	26	83	731(c	731(c	PROPN
ftr-441	26	84	)	)	PUNCT
ftr-441	26	85	...........	...........	PUNCT
ftr-441	26	86	217	217	NUM
ftr-441	26	87	vii	vii	PROPN
ftr-441	26	88	.	.	PUNCT
ftr-441	26	89	sections	section	NOUN
ftr-441	26	90	724	724	NUM
ftr-441	26	91	,	,	PUNCT
ftr-441	26	92	735	735	NUM
ftr-441	26	93	,	,	PUNCT
ftr-441	26	94	and	and	CCONJ
ftr-441	26	95	751(b	751(b	NOUN
ftr-441	26	96	)	)	PUNCT
ftr-441	26	97	.............	.............	PUNCT
ftr-441	26	98	217	217	NUM
ftr-441	26	99	viii	viii	ADJ
ftr-441	26	100	.	.	PUNCT
ftr-441	27	1	subjective	subjective	ADJ
ftr-441	27	2	purpose	purpose	NOUN
ftr-441	27	3	........	........	PUNCT
ftr-441	27	4	218	218	NUM
ftr-441	27	5	d.	d.	NOUN
ftr-441	27	6	analysis	analysis	NOUN
ftr-441	27	7	of	of	ADP
ftr-441	27	8	current	current	ADJ
ftr-441	27	9	law	law	NOUN
ftr-441	27	10	.........	.........	PUNCT
ftr-441	27	11	218	218	NUM
ftr-441	27	12	i.	i.	NOUN
ftr-441	27	13	entity	entity	NOUN
ftr-441	27	14	versus	versus	ADP
ftr-441	27	15	aggregate	aggregate	ADJ
ftr-441	27	16	theory	theory	NOUN
ftr-441	27	17	of	of	ADP
ftr-441	27	18	the	the	DET
ftr-441	27	19	firm	firm	NOUN
ftr-441	27	20	.......	.......	PUNCT
ftr-441	27	21	221	221	NUM
ftr-441	27	22	ii	ii	NOUN
ftr-441	27	23	.	.	PUNCT
ftr-441	27	24	tax	tax	NOUN
ftr-441	27	25	policy	policy	NOUN
ftr-441	27	26	considerations	consideration	NOUN
ftr-441	27	27	..	..	PUNCT
ftr-441	27	28	223	223	NUM
ftr-441	27	29	e.	e.	PROPN
ftr-441	27	30	summary	summary	NOUN
ftr-441	27	31	and	and	CCONJ
ftr-441	27	32	proposals	proposal	NOUN
ftr-441	27	33	.........	.........	PUNCT
ftr-441	27	34	226	226	NUM
ftr-441	27	35	i.	i.	NOUN
ftr-441	27	36	contributions	contribution	NOUN
ftr-441	27	37	...........	...........	PUNCT
ftr-441	28	1	227	227	NUM
ftr-441	29	1	[	[	X
ftr-441	29	2	vol	vol	NOUN
ftr-441	29	3	4:3	4:3	NUM
ftr-441	29	4	the	the	DET
ftr-441	29	5	future	future	ADJ
ftr-441	29	6	taxation	taxation	NOUN
ftr-441	29	7	of	of	ADP
ftr-441	29	8	private	private	ADJ
ftr-441	29	9	business	business	NOUN
ftr-441	29	10	firms	firm	NOUN
ftr-441	29	11	ii	ii	PROPN
ftr-441	29	12	.	.	PUNCT
ftr-441	30	1	no	no	DET
ftr-441	30	2	section	section	NOUN
ftr-441	30	3	704(c)(1)(a	704(c)(1)(a	NOUN
ftr-441	30	4	)	)	PUNCT
ftr-441	30	5	rule	rule	NOUN
ftr-441	30	6	..................	..................	PUNCT
ftr-441	31	1	228	228	NUM
ftr-441	31	2	iii	iii	NOUN
ftr-441	31	3	.	.	PUNCT
ftr-441	32	1	distributions	distribution	NOUN
ftr-441	32	2	............	............	PUNCT
ftr-441	33	1	229	229	NUM
ftr-441	33	2	iv	iv	NOUN
ftr-441	33	3	.	.	PUNCT
ftr-441	34	1	other	other	ADJ
ftr-441	34	2	rules	rule	NOUN
ftr-441	34	3	not	not	PART
ftr-441	34	4	included	include	VERB
ftr-441	34	5	...	...	PUNCT
ftr-441	34	6	233	233	NUM
ftr-441	34	7	v.	v.	ADP
ftr-441	34	8	relation	relation	NOUN
ftr-441	34	9	to	to	PART
ftr-441	34	10	default	default	VERB
ftr-441	34	11	conduit	conduit	NOUN
ftr-441	34	12	system	system	NOUN
ftr-441	34	13	..........	..........	PUNCT
ftr-441	34	14	234	234	NUM
ftr-441	34	15	4	4	NUM
ftr-441	34	16	.	.	PUNCT
ftr-441	34	17	treatment	treatment	NOUN
ftr-441	34	18	of	of	ADP
ftr-441	34	19	ordinary	ordinary	ADJ
ftr-441	34	20	income	income	NOUN
ftr-441	34	21	assets	asset	NOUN
ftr-441	34	22	of	of	ADP
ftr-441	34	23	an	an	DET
ftr-441	34	24	spbf	spbf	NOUN
ftr-441	34	25	..............................	..............................	PUNCT
ftr-441	34	26	234	234	NUM
ftr-441	34	27	a.	a.	NOUN
ftr-441	34	28	sections	section	NOUN
ftr-441	34	29	751	751	NUM
ftr-441	34	30	and	and	CCONJ
ftr-441	34	31	341	341	NUM
ftr-441	34	32	not	not	PART
ftr-441	34	33	included	include	VERB
ftr-441	34	34	in	in	ADP
ftr-441	34	35	the	the	DET
ftr-441	34	36	spbf	spbf	NOUN
ftr-441	34	37	rules	rule	NOUN
ftr-441	34	38	.....................	.....................	PUNCT
ftr-441	34	39	234	234	NUM
ftr-441	34	40	b.	b.	NOUN
ftr-441	34	41	character	character	NOUN
ftr-441	34	42	continuation	continuation	NOUN
ftr-441	34	43	rules	rule	NOUN
ftr-441	34	44	...........	...........	PUNCT
ftr-441	35	1	238	238	NUM
ftr-441	35	2	5	5	NUM
ftr-441	35	3	.	.	PUNCT
ftr-441	36	1	inside	inside	ADJ
ftr-441	36	2	basis	basis	NOUN
ftr-441	36	3	adjustments	adjustment	NOUN
ftr-441	36	4	....................	....................	PUNCT
ftr-441	36	5	238	238	NUM
ftr-441	36	6	a.	a.	NOUN
ftr-441	36	7	in	in	ADP
ftr-441	36	8	general	general	ADJ
ftr-441	36	9	........................	........................	PUNCT
ftr-441	36	10	238	238	NUM
ftr-441	36	11	b.	b.	NOUN
ftr-441	36	12	adjustments	adjustment	NOUN
ftr-441	36	13	made	make	VERB
ftr-441	36	14	on	on	ADP
ftr-441	36	15	distributions	distribution	NOUN
ftr-441	36	16	of	of	ADP
ftr-441	36	17	property	property	NOUN
ftr-441	36	18	..........................	..........................	PUNCT
ftr-441	36	19	239	239	NUM
ftr-441	36	20	c.	c.	NOUN
ftr-441	36	21	adjustments	adjustment	NOUN
ftr-441	36	22	made	make	VERB
ftr-441	36	23	on	on	ADP
ftr-441	36	24	the	the	DET
ftr-441	36	25	sale	sale	NOUN
ftr-441	36	26	of	of	ADP
ftr-441	36	27	ownership	ownership	NOUN
ftr-441	36	28	interests	interest	NOUN
ftr-441	36	29	..................	..................	PUNCT
ftr-441	36	30	240	240	NUM
ftr-441	36	31	6	6	NUM
ftr-441	36	32	.	.	PUNCT
ftr-441	36	33	conversions	conversion	NOUN
ftr-441	36	34	/	/	SYM
ftr-441	36	35	reorganizations	reorganization	NOUN
ftr-441	36	36	of	of	ADP
ftr-441	36	37	firms	firm	NOUN
ftr-441	36	38	from	from	ADP
ftr-441	36	39	one	one	NUM
ftr-441	36	40	system	system	NOUN
ftr-441	36	41	to	to	ADP
ftr-441	36	42	another	another	PRON
ftr-441	36	43	.....................	.....................	PUNCT
ftr-441	36	44	242	242	NUM
ftr-441	36	45	a.	a.	NOUN
ftr-441	36	46	private	private	ADJ
ftr-441	36	47	firm	firm	NOUN
ftr-441	36	48	(	(	PUNCT
ftr-441	36	49	either	either	CCONJ
ftr-441	36	50	spbf	spbf	NOUN
ftr-441	36	51	or	or	CCONJ
ftr-441	36	52	default	default	NOUN
ftr-441	36	53	system	system	NOUN
ftr-441	36	54	)	)	PUNCT
ftr-441	36	55	to	to	ADP
ftr-441	36	56	public	public	ADJ
ftr-441	36	57	firm	firm	NOUN
ftr-441	36	58	(	(	PUNCT
ftr-441	36	59	subchapter	subchapter	NOUN
ftr-441	36	60	c	c	NOUN
ftr-441	36	61	)	)	PUNCT
ftr-441	36	62	.....	.....	PUNCT
ftr-441	37	1	242	242	NUM
ftr-441	37	2	b.	b.	PROPN
ftr-441	37	3	public	public	ADJ
ftr-441	37	4	firm	firm	NOUN
ftr-441	37	5	(	(	PUNCT
ftr-441	37	6	subchapter	subchapter	NOUN
ftr-441	37	7	c	c	NOUN
ftr-441	37	8	)	)	PUNCT
ftr-441	37	9	to	to	ADP
ftr-441	37	10	private	private	ADJ
ftr-441	37	11	firm	firm	NOUN
ftr-441	37	12	(	(	PUNCT
ftr-441	37	13	either	either	CCONJ
ftr-441	37	14	spbf	spbf	NOUN
ftr-441	37	15	or	or	CCONJ
ftr-441	37	16	default	default	NOUN
ftr-441	37	17	system	system	NOUN
ftr-441	37	18	)	)	PUNCT
ftr-441	37	19	.........	.........	PUNCT
ftr-441	38	1	244	244	NUM
ftr-441	38	2	c.	c.	NOUN
ftr-441	38	3	changing	change	VERB
ftr-441	38	4	tax	tax	NOUN
ftr-441	38	5	systems	system	NOUN
ftr-441	38	6	of	of	ADP
ftr-441	38	7	private	private	ADJ
ftr-441	38	8	firms	firm	NOUN
ftr-441	38	9	(	(	PUNCT
ftr-441	38	10	spbf	spbf	VERB
ftr-441	38	11	to	to	PART
ftr-441	38	12	default	default	VERB
ftr-441	38	13	system	system	NOUN
ftr-441	38	14	or	or	CCONJ
ftr-441	38	15	vice	vice	NOUN
ftr-441	38	16	-	-	NOUN
ftr-441	38	17	versa	versa	NOUN
ftr-441	38	18	)	)	PUNCT
ftr-441	38	19	....	....	PUNCT
ftr-441	39	1	245	245	NUM
ftr-441	39	2	7	7	NUM
ftr-441	39	3	.	.	PUNCT
ftr-441	39	4	transitional	transitional	ADJ
ftr-441	39	5	considerations	consideration	NOUN
ftr-441	39	6	..................	..................	PUNCT
ftr-441	40	1	246	246	NUM
ftr-441	40	2	v.	v.	ADP
ftr-441	40	3	summary	summary	NOUN
ftr-441	40	4	and	and	CCONJ
ftr-441	40	5	conclusion	conclusion	NOUN
ftr-441	40	6	......................	......................	PUNCT
ftr-441	40	7	247	247	NUM
ftr-441	40	8	19991	19991	NUM
ftr-441	40	9	florida	florida	PROPN
ftr-441	40	10	tax	tax	PROPN
ftr-441	40	11	review	review	PROPN
ftr-441	40	12	i.	i.	NOUN
ftr-441	40	13	introduction	introduction	PROPN
ftr-441	40	14	recent	recent	ADJ
ftr-441	40	15	federal	federal	ADJ
ftr-441	40	16	and	and	CCONJ
ftr-441	40	17	state	state	NOUN
ftr-441	40	18	law	law	NOUN
ftr-441	40	19	developments	development	NOUN
ftr-441	40	20	liberalizing	liberalize	VERB
ftr-441	40	21	the	the	DET
ftr-441	40	22	permissible	permissible	ADJ
ftr-441	40	23	forms	form	NOUN
ftr-441	40	24	of	of	ADP
ftr-441	40	25	business	business	NOUN
ftr-441	40	26	organizations	organization	NOUN
ftr-441	40	27	and	and	CCONJ
ftr-441	40	28	the	the	DET
ftr-441	40	29	classification	classification	NOUN
ftr-441	40	30	of	of	ADP
ftr-441	40	31	such	such	ADJ
ftr-441	40	32	organizations	organization	NOUN
ftr-441	40	33	for	for	ADP
ftr-441	40	34	tax	tax	NOUN
ftr-441	40	35	purposes	purpose	NOUN
ftr-441	40	36	have	have	AUX
ftr-441	40	37	underscored	underscore	VERB
ftr-441	40	38	the	the	DET
ftr-441	40	39	need	need	NOUN
ftr-441	40	40	to	to	PART
ftr-441	40	41	reexamine	reexamine	VERB
ftr-441	40	42	the	the	DET
ftr-441	40	43	current	current	ADJ
ftr-441	40	44	system	system	NOUN
ftr-441	40	45	of	of	ADP
ftr-441	40	46	taxing	tax	VERB
ftr-441	40	47	the	the	DET
ftr-441	40	48	income	income	NOUN
ftr-441	40	49	of	of	ADP
ftr-441	40	50	private	private	ADJ
ftr-441	40	51	businesses	business	NOUN
ftr-441	40	52	.	.	PUNCT
ftr-441	41	1	this	this	DET
ftr-441	41	2	article	article	NOUN
ftr-441	41	3	,	,	PUNCT
ftr-441	41	4	which	which	PRON
ftr-441	41	5	undertakes	undertake	VERB
ftr-441	41	6	that	that	DET
ftr-441	41	7	reexamination	reexamination	NOUN
ftr-441	41	8	,	,	PUNCT
ftr-441	41	9	makes	make	VERB
ftr-441	41	10	two	two	NUM
ftr-441	41	11	principal	principal	ADJ
ftr-441	41	12	claims	claim	NOUN
ftr-441	41	13	.	.	PUNCT
ftr-441	42	1	first	first	ADV
ftr-441	42	2	,	,	PUNCT
ftr-441	42	3	current	current	ADJ
ftr-441	42	4	law	law	NOUN
ftr-441	42	5	ought	ought	AUX
ftr-441	42	6	to	to	PART
ftr-441	42	7	be	be	AUX
ftr-441	42	8	replaced	replace	VERB
ftr-441	42	9	by	by	ADP
ftr-441	42	10	a	a	DET
ftr-441	42	11	system	system	NOUN
ftr-441	42	12	whereby	whereby	SCONJ
ftr-441	42	13	all	all	DET
ftr-441	42	14	private	private	ADJ
ftr-441	42	15	business	business	NOUN
ftr-441	42	16	firms	firm	NOUN
ftr-441	42	17	,	,	PUNCT
ftr-441	42	18	no	no	ADV
ftr-441	42	19	matter	matter	ADV
ftr-441	42	20	what	what	PRON
ftr-441	42	21	their	their	PRON
ftr-441	42	22	form	form	NOUN
ftr-441	42	23	of	of	ADP
ftr-441	42	24	organization	organization	NOUN
ftr-441	42	25	and	and	CCONJ
ftr-441	42	26	organizational	organizational	ADJ
ftr-441	42	27	characteristics	characteristic	NOUN
ftr-441	42	28	,	,	PUNCT
ftr-441	42	29	are	be	AUX
ftr-441	42	30	taxed	tax	VERB
ftr-441	42	31	as	as	ADP
ftr-441	42	32	conduits	conduit	NOUN
ftr-441	42	33	for	for	ADP
ftr-441	42	34	income	income	NOUN
ftr-441	42	35	tax	tax	NOUN
ftr-441	42	36	purposes	purpose	NOUN
ftr-441	42	37	.	.	PUNCT
ftr-441	43	1	second	second	ADJ
ftr-441	43	2	,	,	PUNCT
ftr-441	43	3	because	because	SCONJ
ftr-441	43	4	conduit	conduit	NOUN
ftr-441	43	5	taxation	taxation	NOUN
ftr-441	43	6	is	be	AUX
ftr-441	43	7	so	so	ADV
ftr-441	43	8	complicated	complicated	ADJ
ftr-441	43	9	,	,	PUNCT
ftr-441	43	10	the	the	DET
ftr-441	43	11	system	system	NOUN
ftr-441	43	12	should	should	AUX
ftr-441	43	13	be	be	AUX
ftr-441	43	14	implemented	implement	VERB
ftr-441	43	15	through	through	ADP
ftr-441	43	16	a	a	DET
ftr-441	43	17	"	"	PUNCT
ftr-441	43	18	two	two	NUM
ftr-441	43	19	-	-	PUNCT
ftr-441	43	20	track	track	NOUN
ftr-441	43	21	"	"	PUNCT
ftr-441	43	22	approach	approach	NOUN
ftr-441	43	23	in	in	ADP
ftr-441	43	24	which	which	PRON
ftr-441	43	25	a	a	DET
ftr-441	43	26	subset	subset	NOUN
ftr-441	43	27	of	of	ADP
ftr-441	43	28	private	private	ADJ
ftr-441	43	29	business	business	NOUN
ftr-441	43	30	firms	firm	NOUN
ftr-441	43	31	would	would	AUX
ftr-441	43	32	,	,	PUNCT
ftr-441	43	33	at	at	ADP
ftr-441	43	34	their	their	PRON
ftr-441	43	35	election	election	NOUN
ftr-441	43	36	,	,	PUNCT
ftr-441	43	37	be	be	AUX
ftr-441	43	38	subject	subject	ADJ
ftr-441	43	39	to	to	ADP
ftr-441	43	40	a	a	DET
ftr-441	43	41	simplified	simplified	ADJ
ftr-441	43	42	set	set	NOUN
ftr-441	43	43	of	of	ADP
ftr-441	43	44	tax	tax	NOUN
ftr-441	43	45	rules	rule	NOUN
ftr-441	43	46	.	.	PUNCT
ftr-441	44	1	in	in	ADP
ftr-441	44	2	general	general	ADJ
ftr-441	44	3	,	,	PUNCT
ftr-441	44	4	the	the	DET
ftr-441	44	5	simplified	simplified	ADJ
ftr-441	44	6	version	version	NOUN
ftr-441	44	7	would	would	AUX
ftr-441	44	8	be	be	AUX
ftr-441	44	9	available	available	ADJ
ftr-441	44	10	to	to	ADP
ftr-441	44	11	firms	firm	NOUN
ftr-441	44	12	which	which	PRON
ftr-441	44	13	have	have	VERB
ftr-441	44	14	only	only	ADJ
ftr-441	44	15	individuals	individual	NOUN
ftr-441	44	16	as	as	ADP
ftr-441	44	17	owners	owner	NOUN
ftr-441	44	18	and	and	CCONJ
ftr-441	44	19	which	which	PRON
ftr-441	44	20	have	have	AUX
ftr-441	44	21	surrendered	surrender	VERB
ftr-441	44	22	some	some	DET
ftr-441	44	23	flexibility	flexibility	NOUN
ftr-441	44	24	in	in	ADP
ftr-441	44	25	their	their	PRON
ftr-441	44	26	economic	economic	ADJ
ftr-441	44	27	dealings	dealing	NOUN
ftr-441	44	28	.	.	PUNCT
ftr-441	45	1	part	part	NOUN
ftr-441	45	2	ii	ii	PROPN
ftr-441	45	3	of	of	ADP
ftr-441	45	4	this	this	DET
ftr-441	45	5	article	article	NOUN
ftr-441	45	6	briefly	briefly	ADV
ftr-441	45	7	explains	explain	VERB
ftr-441	45	8	why	why	SCONJ
ftr-441	45	9	current	current	ADJ
ftr-441	45	10	law	law	NOUN
ftr-441	45	11	merits	merit	VERB
ftr-441	45	12	reexamination	reexamination	NOUN
ftr-441	45	13	and	and	CCONJ
ftr-441	45	14	parts	part	NOUN
ftr-441	45	15	iii	iii	NOUN
ftr-441	45	16	and	and	CCONJ
ftr-441	45	17	iv	iv	NUM
ftr-441	45	18	correspond	correspond	VERB
ftr-441	45	19	to	to	ADP
ftr-441	45	20	the	the	DET
ftr-441	45	21	two	two	NUM
ftr-441	45	22	main	main	ADJ
ftr-441	45	23	claims	claim	NOUN
ftr-441	45	24	being	be	AUX
ftr-441	45	25	made	make	VERB
ftr-441	45	26	.	.	PUNCT
ftr-441	46	1	a	a	DET
ftr-441	46	2	final	final	ADJ
ftr-441	46	3	part	part	NOUN
ftr-441	46	4	contains	contain	VERB
ftr-441	46	5	a	a	DET
ftr-441	46	6	brief	brief	ADJ
ftr-441	46	7	summary	summary	NOUN
ftr-441	46	8	and	and	CCONJ
ftr-441	46	9	conclusion	conclusion	NOUN
ftr-441	46	10	.	.	PUNCT
ftr-441	47	1	ii	ii	PROPN
ftr-441	47	2	.	.	PUNCT
ftr-441	48	1	the	the	DET
ftr-441	48	2	need	need	NOUN
ftr-441	48	3	to	to	PART
ftr-441	48	4	reexamine	reexamine	VERB
ftr-441	48	5	current	current	ADJ
ftr-441	48	6	law	law	NOUN
ftr-441	48	7	thanks	thank	NOUN
ftr-441	48	8	to	to	ADP
ftr-441	48	9	a	a	DET
ftr-441	48	10	recent	recent	ADJ
ftr-441	48	11	change	change	NOUN
ftr-441	48	12	adopted	adopt	VERB
ftr-441	48	13	by	by	ADP
ftr-441	48	14	the	the	DET
ftr-441	48	15	treasury	treasury	PROPN
ftr-441	48	16	department	department	PROPN
ftr-441	48	17	responding	respond	VERB
ftr-441	48	18	to	to	ADP
ftr-441	48	19	important	important	ADJ
ftr-441	48	20	developments	development	NOUN
ftr-441	48	21	at	at	ADP
ftr-441	48	22	the	the	DET
ftr-441	48	23	state	state	NOUN
ftr-441	48	24	level	level	NOUN
ftr-441	48	25	regarding	regard	VERB
ftr-441	48	26	the	the	DET
ftr-441	48	27	permissible	permissible	ADJ
ftr-441	48	28	forms	form	NOUN
ftr-441	48	29	of	of	ADP
ftr-441	48	30	business	business	NOUN
ftr-441	48	31	organization	organization	NOUN
ftr-441	48	32	,	,	PUNCT
ftr-441	48	33	many	many	ADJ
ftr-441	48	34	private	private	ADJ
ftr-441	48	35	business	business	NOUN
ftr-441	48	36	firms	firm	NOUN
ftr-441	48	37	,	,	PUNCT
ftr-441	48	38	no	no	ADV
ftr-441	48	39	matter	matter	ADV
ftr-441	48	40	what	what	PRON
ftr-441	48	41	their	their	PRON
ftr-441	48	42	organizational	organizational	ADJ
ftr-441	48	43	characteristics	characteristic	NOUN
ftr-441	48	44	under	under	ADP
ftr-441	48	45	state	state	NOUN
ftr-441	48	46	law	law	NOUN
ftr-441	48	47	,	,	PUNCT
ftr-441	48	48	are	be	AUX
ftr-441	48	49	provided	provide	VERB
ftr-441	48	50	with	with	ADP
ftr-441	48	51	an	an	DET
ftr-441	48	52	explicit	explicit	ADJ
ftr-441	48	53	choice	choice	NOUN
ftr-441	48	54	regarding	regard	VERB
ftr-441	48	55	how	how	SCONJ
ftr-441	48	56	the	the	DET
ftr-441	48	57	income	income	NOUN
ftr-441	48	58	of	of	ADP
ftr-441	48	59	the	the	DET
ftr-441	48	60	firm	firm	NOUN
ftr-441	48	61	is	be	AUX
ftr-441	48	62	taxed	tax	VERB
ftr-441	48	63	.	.	PUNCT
ftr-441	48	64	'	'	PUNCT
ftr-441	48	65	for	for	ADP
ftr-441	48	66	firms	firm	NOUN
ftr-441	48	67	engaged	engage	VERB
ftr-441	48	68	in	in	ADP
ftr-441	48	69	general	general	ADJ
ftr-441	48	70	business	business	NOUN
ftr-441	48	71	activities	activity	NOUN
ftr-441	48	72	,	,	PUNCT
ftr-441	48	73	the	the	DET
ftr-441	48	74	choices	choice	NOUN
ftr-441	48	75	under	under	ADP
ftr-441	48	76	current	current	ADJ
ftr-441	48	77	law	law	NOUN
ftr-441	48	78	are	be	AUX
ftr-441	48	79	generally	generally	ADV
ftr-441	48	80	the	the	DET
ftr-441	48	81	rules	rule	NOUN
ftr-441	48	82	contained	contain	VERB
ftr-441	48	83	in	in	ADP
ftr-441	48	84	subchapters	subchapter	NOUN
ftr-441	48	85	c	c	X
ftr-441	48	86	,	,	PUNCT
ftr-441	48	87	k	k	NOUN
ftr-441	48	88	,	,	PUNCT
ftr-441	48	89	and	and	CCONJ
ftr-441	48	90	s	s	PROPN
ftr-441	48	91	of	of	ADP
ftr-441	48	92	the	the	DET
ftr-441	48	93	internal	internal	ADJ
ftr-441	48	94	revenue	revenue	NOUN
ftr-441	48	95	code	code	NOUN
ftr-441	48	96	.	.	PUNCT
ftr-441	49	1	although	although	SCONJ
ftr-441	49	2	incorporated	incorporate	VERB
ftr-441	49	3	firms	firm	NOUN
ftr-441	49	4	are	be	AUX
ftr-441	49	5	currently	currently	ADV
ftr-441	49	6	not	not	PART
ftr-441	49	7	provided	provide	VERB
ftr-441	49	8	with	with	ADP
ftr-441	49	9	the	the	DET
ftr-441	49	10	same	same	ADJ
ftr-441	49	11	choice	choice	NOUN
ftr-441	49	12	as	as	ADP
ftr-441	49	13	unincorporated	unincorporated	ADJ
ftr-441	49	14	ones	one	NOUN
ftr-441	49	15	,	,	PUNCT
ftr-441	49	16	an	an	DET
ftr-441	49	17	unincorporated	unincorporated	ADJ
ftr-441	49	18	business	business	NOUN
ftr-441	49	19	with	with	ADP
ftr-441	49	20	precisely	precisely	ADV
ftr-441	49	21	the	the	DET
ftr-441	49	22	same	same	ADJ
ftr-441	49	23	characteristics	characteristic	NOUN
ftr-441	49	24	as	as	ADP
ftr-441	49	25	an	an	DET
ftr-441	49	26	incorporated	incorporated	ADJ
ftr-441	49	27	firm	firm	NOUN
ftr-441	49	28	is	be	AUX
ftr-441	49	29	given	give	VERB
ftr-441	49	30	that	that	DET
ftr-441	49	31	choice	choice	NOUN
ftr-441	49	32	.	.	PUNCT
ftr-441	50	1	hence	hence	ADV
ftr-441	50	2	,	,	PUNCT
ftr-441	50	3	it	it	PRON
ftr-441	50	4	seems	seem	VERB
ftr-441	50	5	only	only	ADV
ftr-441	50	6	a	a	DET
ftr-441	50	7	matter	matter	NOUN
ftr-441	50	8	of	of	ADP
ftr-441	50	9	time	time	NOUN
ftr-441	50	10	before	before	SCONJ
ftr-441	50	11	all	all	DET
ftr-441	50	12	private	private	ADJ
ftr-441	50	13	firms	firm	NOUN
ftr-441	50	14	,	,	PUNCT
ftr-441	50	15	incorporated	incorporate	VERB
ftr-441	50	16	and	and	CCONJ
ftr-441	50	17	unincorporated	unincorporate	VERB
ftr-441	50	18	,	,	PUNCT
ftr-441	50	19	will	will	AUX
ftr-441	50	20	be	be	AUX
ftr-441	50	21	afforded	afford	VERB
ftr-441	50	22	the	the	DET
ftr-441	50	23	same	same	ADJ
ftr-441	50	24	explicit	explicit	ADJ
ftr-441	50	25	choice	choice	NOUN
ftr-441	50	26	of	of	ADP
ftr-441	50	27	taxation	taxation	NOUN
ftr-441	50	28	schemes	scheme	NOUN
ftr-441	50	29	.	.	PUNCT
ftr-441	51	1	1	1	X
ftr-441	51	2	.	.	X
ftr-441	51	3	see	see	VERB
ftr-441	51	4	regs	reg	NOUN
ftr-441	51	5	.	.	PUNCT
ftr-441	52	1	§	§	PROPN
ftr-441	52	2	§	§	PROPN
ftr-441	52	3	301.7701	301.7701	NUM
ftr-441	52	4	-	-	SYM
ftr-441	52	5	1	1	NUM
ftr-441	52	6	,	,	PUNCT
ftr-441	52	7	-2	-2	INTJ
ftr-441	52	8	,	,	PUNCT
ftr-441	52	9	and	and	CCONJ
ftr-441	52	10	-3	-3	PUNCT
ftr-441	52	11	.	.	PUNCT
ftr-441	53	1	the	the	DET
ftr-441	53	2	new	new	ADJ
ftr-441	53	3	regulations	regulation	NOUN
ftr-441	53	4	,	,	PUNCT
ftr-441	53	5	which	which	PRON
ftr-441	53	6	were	be	AUX
ftr-441	53	7	effective	effective	ADJ
ftr-441	53	8	january	january	PROPN
ftr-441	53	9	1	1	NUM
ftr-441	53	10	,	,	PUNCT
ftr-441	53	11	1997	1997	NUM
ftr-441	53	12	,	,	PUNCT
ftr-441	53	13	were	be	AUX
ftr-441	53	14	stimulated	stimulate	VERB
ftr-441	53	15	by	by	ADP
ftr-441	53	16	state	state	NOUN
ftr-441	53	17	law	law	NOUN
ftr-441	53	18	changes	change	NOUN
ftr-441	53	19	permitting	permit	VERB
ftr-441	53	20	partnerships	partnership	NOUN
ftr-441	53	21	and	and	CCONJ
ftr-441	53	22	other	other	ADJ
ftr-441	53	23	unincorporated	unincorporated	ADJ
ftr-441	53	24	organizations	organization	NOUN
ftr-441	53	25	to	to	PART
ftr-441	53	26	possess	possess	VERB
ftr-441	53	27	business	business	NOUN
ftr-441	53	28	characteristics	characteristic	NOUN
ftr-441	53	29	traditionally	traditionally	ADV
ftr-441	53	30	associated	associate	VERB
ftr-441	53	31	with	with	ADP
ftr-441	53	32	corporations	corporation	NOUN
ftr-441	53	33	.	.	PUNCT
ftr-441	54	1	see	see	VERB
ftr-441	54	2	notice	notice	NOUN
ftr-441	54	3	95	95	NUM
ftr-441	54	4	-	-	SYM
ftr-441	54	5	14	14	NUM
ftr-441	54	6	,	,	PUNCT
ftr-441	54	7	1995	1995	NUM
ftr-441	54	8	-	-	SYM
ftr-441	54	9	1	1	NUM
ftr-441	54	10	c.b	c.b	PROPN
ftr-441	54	11	.	.	PROPN
ftr-441	54	12	297	297	NUM
ftr-441	54	13	;	;	PUNCT
ftr-441	54	14	rod	rod	NOUN
ftr-441	54	15	garcia	garcia	PROPN
ftr-441	54	16	&	&	CCONJ
ftr-441	54	17	nancy	nancy	PROPN
ftr-441	54	18	loube	loube	PROPN
ftr-441	54	19	,	,	PUNCT
ftr-441	54	20	llcs	llcs	NOUN
ftr-441	54	21	,	,	PUNCT
ftr-441	54	22	or	or	CCONJ
ftr-441	54	23	how	how	SCONJ
ftr-441	54	24	the	the	DET
ftr-441	54	25	government	government	NOUN
ftr-441	54	26	got	get	VERB
ftr-441	54	27	to	to	PART
ftr-441	54	28	check	check	VERB
ftr-441	54	29	-	-	PUNCT
ftr-441	54	30	the	the	DET
ftr-441	54	31	-	-	PUNCT
ftr-441	54	32	box	box	NOUN
ftr-441	54	33	classification	classification	NOUN
ftr-441	54	34	,	,	PUNCT
ftr-441	54	35	67	67	NUM
ftr-441	54	36	tax	tax	NOUN
ftr-441	54	37	notes	note	NOUN
ftr-441	54	38	1139	1139	NUM
ftr-441	54	39	(	(	PUNCT
ftr-441	54	40	1995	1995	NUM
ftr-441	54	41	)	)	PUNCT
ftr-441	54	42	.	.	PUNCT
ftr-441	55	1	2	2	X
ftr-441	55	2	.	.	X
ftr-441	55	3	public	public	ADJ
ftr-441	55	4	firms	firm	NOUN
ftr-441	55	5	are	be	AUX
ftr-441	55	6	not	not	PART
ftr-441	55	7	provided	provide	VERB
ftr-441	55	8	the	the	DET
ftr-441	55	9	same	same	ADJ
ftr-441	55	10	choice	choice	NOUN
ftr-441	55	11	by	by	ADP
ftr-441	55	12	reason	reason	NOUN
ftr-441	55	13	of	of	ADP
ftr-441	55	14	§	§	PROPN
ftr-441	55	15	7704	7704	NUM
ftr-441	55	16	of	of	ADP
ftr-441	55	17	the	the	DET
ftr-441	55	18	code	code	NOUN
ftr-441	55	19	.	.	PUNCT
ftr-441	56	1	see	see	VERB
ftr-441	56	2	regs	reg	NOUN
ftr-441	56	3	.	.	PUNCT
ftr-441	57	1	§	§	PROPN
ftr-441	57	2	301.7701	301.7701	NUM
ftr-441	57	3	-	-	SYM
ftr-441	57	4	2(b)(7	2(b)(7	NUM
ftr-441	57	5	)	)	PUNCT
ftr-441	57	6	.	.	PUNCT
ftr-441	58	1	the	the	DET
ftr-441	58	2	proper	proper	ADJ
ftr-441	58	3	classification	classification	NOUN
ftr-441	58	4	and	and	CCONJ
ftr-441	58	5	taxation	taxation	NOUN
ftr-441	58	6	of	of	ADP
ftr-441	58	7	public	public	ADJ
ftr-441	58	8	firms	firm	NOUN
ftr-441	58	9	is	be	AUX
ftr-441	58	10	beyond	beyond	ADP
ftr-441	58	11	the	the	DET
ftr-441	58	12	scope	scope	NOUN
ftr-441	58	13	of	of	ADP
ftr-441	58	14	this	this	DET
ftr-441	58	15	article	article	NOUN
ftr-441	58	16	.	.	PUNCT
ftr-441	59	1	[	[	X
ftr-441	59	2	vol	vol	NOUN
ftr-441	59	3	.	.	PUNCT
ftr-441	59	4	4:3	4:3	NUM
ftr-441	59	5	the	the	DET
ftr-441	59	6	future	future	ADJ
ftr-441	59	7	taxation	taxation	NOUN
ftr-441	59	8	of	of	ADP
ftr-441	59	9	private	private	ADJ
ftr-441	59	10	business	business	NOUN
ftr-441	59	11	firms	firm	NOUN
ftr-441	59	12	this	this	DET
ftr-441	59	13	state	state	NOUN
ftr-441	59	14	of	of	ADP
ftr-441	59	15	affairs	affair	NOUN
ftr-441	59	16	is	be	AUX
ftr-441	59	17	a	a	DET
ftr-441	59	18	curious	curious	ADJ
ftr-441	59	19	one	one	NOUN
ftr-441	59	20	,	,	PUNCT
ftr-441	59	21	given	give	VERB
ftr-441	59	22	the	the	DET
ftr-441	59	23	historical	historical	ADJ
ftr-441	59	24	background	background	NOUN
ftr-441	59	25	and	and	CCONJ
ftr-441	59	26	substantive	substantive	ADJ
ftr-441	59	27	rules	rule	NOUN
ftr-441	59	28	of	of	ADP
ftr-441	59	29	subchapters	subchapter	NOUN
ftr-441	59	30	c	c	X
ftr-441	59	31	,	,	PUNCT
ftr-441	59	32	k	k	NOUN
ftr-441	59	33	,	,	PUNCT
ftr-441	59	34	and	and	CCONJ
ftr-441	59	35	s.	s.	PROPN
ftr-441	59	36	the	the	DET
ftr-441	59	37	origin	origin	NOUN
ftr-441	59	38	of	of	ADP
ftr-441	59	39	subchapters	subchapter	NOUN
ftr-441	59	40	c	c	PROPN
ftr-441	59	41	and	and	CCONJ
ftr-441	59	42	k	k	PROPN
ftr-441	59	43	and	and	CCONJ
ftr-441	59	44	,	,	PUNCT
ftr-441	59	45	specifically	specifically	ADV
ftr-441	59	46	,	,	PUNCT
ftr-441	59	47	the	the	DET
ftr-441	59	48	separate	separate	ADJ
ftr-441	59	49	entity	entity	NOUN
ftr-441	59	50	taxation	taxation	NOUN
ftr-441	59	51	of	of	ADP
ftr-441	59	52	corporations	corporation	NOUN
ftr-441	59	53	as	as	SCONJ
ftr-441	59	54	opposed	oppose	VERB
ftr-441	59	55	to	to	ADP
ftr-441	59	56	the	the	DET
ftr-441	59	57	conduit	conduit	NOUN
ftr-441	59	58	taxation	taxation	NOUN
ftr-441	59	59	of	of	ADP
ftr-441	59	60	partnerships	partnership	NOUN
ftr-441	59	61	,	,	PUNCT
ftr-441	59	62	can	can	AUX
ftr-441	59	63	be	be	AUX
ftr-441	59	64	traced	trace	VERB
ftr-441	59	65	to	to	ADP
ftr-441	59	66	some	some	DET
ftr-441	59	67	extent	extent	NOUN
ftr-441	59	68	to	to	ADP
ftr-441	59	69	a	a	DET
ftr-441	59	70	debate	debate	NOUN
ftr-441	59	71	which	which	PRON
ftr-441	59	72	raged	rage	VERB
ftr-441	59	73	during	during	ADP
ftr-441	59	74	the	the	DET
ftr-441	59	75	last	last	ADJ
ftr-441	59	76	part	part	NOUN
ftr-441	59	77	of	of	ADP
ftr-441	59	78	the	the	DET
ftr-441	59	79	19th	19th	ADJ
ftr-441	59	80	century	century	NOUN
ftr-441	59	81	and	and	CCONJ
ftr-441	59	82	the	the	DET
ftr-441	59	83	early	early	ADJ
ftr-441	59	84	part	part	NOUN
ftr-441	59	85	of	of	ADP
ftr-441	59	86	the	the	DET
ftr-441	59	87	20th	20th	ADJ
ftr-441	59	88	century	century	NOUN
ftr-441	59	89	concerning	concern	VERB
ftr-441	59	90	the	the	DET
ftr-441	59	91	nature	nature	NOUN
ftr-441	59	92	of	of	ADP
ftr-441	59	93	corporate	corporate	ADJ
ftr-441	59	94	and	and	CCONJ
ftr-441	59	95	partnership	partnership	NOUN
ftr-441	59	96	personality.3	personality.3	PROPN
ftr-441	59	97	at	at	ADP
ftr-441	59	98	that	that	DET
ftr-441	59	99	time	time	NOUN
ftr-441	59	100	,	,	PUNCT
ftr-441	59	101	the	the	DET
ftr-441	59	102	"	"	PUNCT
ftr-441	59	103	aggregate	aggregate	NOUN
ftr-441	59	104	"	"	PUNCT
ftr-441	59	105	versus	versus	ADP
ftr-441	59	106	"	"	PUNCT
ftr-441	59	107	entity	entity	NOUN
ftr-441	59	108	"	"	PUNCT
ftr-441	59	109	controversy	controversy	NOUN
ftr-441	59	110	,	,	PUNCT
ftr-441	59	111	familiar	familiar	ADJ
ftr-441	59	112	now	now	ADV
ftr-441	59	113	in	in	ADP
ftr-441	59	114	the	the	DET
ftr-441	59	115	partnership	partnership	NOUN
ftr-441	59	116	area	area	NOUN
ftr-441	59	117	,	,	PUNCT
ftr-441	59	118	applied	apply	VERB
ftr-441	59	119	to	to	ADP
ftr-441	59	120	both	both	DET
ftr-441	59	121	corporations	corporation	NOUN
ftr-441	59	122	and	and	CCONJ
ftr-441	59	123	partnerships	partnership	NOUN
ftr-441	59	124	.	.	PUNCT
ftr-441	60	1	gradually	gradually	ADV
ftr-441	60	2	,	,	PUNCT
ftr-441	60	3	the	the	DET
ftr-441	60	4	entity	entity	NOUN
ftr-441	60	5	theory	theory	NOUN
ftr-441	60	6	prevailed	prevail	VERB
ftr-441	60	7	for	for	ADP
ftr-441	60	8	corporations	corporation	NOUN
ftr-441	60	9	but	but	CCONJ
ftr-441	60	10	not	not	PART
ftr-441	60	11	for	for	ADP
ftr-441	60	12	partnerships	partnership	NOUN
ftr-441	60	13	:	:	PUNCT
ftr-441	60	14	corporate	corporate	ADJ
ftr-441	60	15	characteristics	characteristic	NOUN
ftr-441	60	16	of	of	ADP
ftr-441	60	17	free	free	ADJ
ftr-441	60	18	transferability	transferability	NOUN
ftr-441	60	19	of	of	ADP
ftr-441	60	20	interests	interest	NOUN
ftr-441	60	21	,	,	PUNCT
ftr-441	60	22	continuity	continuity	NOUN
ftr-441	60	23	of	of	ADP
ftr-441	60	24	life	life	NOUN
ftr-441	60	25	,	,	PUNCT
ftr-441	60	26	limited	limited	ADJ
ftr-441	60	27	liability	liability	NOUN
ftr-441	60	28	and	and	CCONJ
ftr-441	60	29	centralized	centralized	ADJ
ftr-441	60	30	management	management	NOUN
ftr-441	60	31	...	...	PUNCT
ftr-441	60	32	emphasized	emphasize	VERB
ftr-441	60	33	the	the	DET
ftr-441	60	34	distinction	distinction	NOUN
ftr-441	60	35	between	between	ADP
ftr-441	60	36	the	the	DET
ftr-441	60	37	corporation	corporation	NOUN
ftr-441	60	38	and	and	CCONJ
ftr-441	60	39	its	its	PRON
ftr-441	60	40	shareholders	shareholder	NOUN
ftr-441	60	41	.	.	PUNCT
ftr-441	61	1	corporate	corporate	ADJ
ftr-441	61	2	liability	liability	NOUN
ftr-441	61	3	was	be	AUX
ftr-441	61	4	not	not	PART
ftr-441	61	5	shareholder	shareholder	NOUN
ftr-441	61	6	liability	liability	NOUN
ftr-441	61	7	.	.	PUNCT
ftr-441	62	1	the	the	DET
ftr-441	62	2	life	life	NOUN
ftr-441	62	3	of	of	ADP
ftr-441	62	4	the	the	DET
ftr-441	62	5	corporation	corporation	NOUN
ftr-441	62	6	was	be	AUX
ftr-441	62	7	independent	independent	ADJ
ftr-441	62	8	of	of	ADP
ftr-441	62	9	that	that	PRON
ftr-441	62	10	of	of	ADP
ftr-441	62	11	its	its	PRON
ftr-441	62	12	shareholders	shareholder	NOUN
ftr-441	62	13	....	....	PUNCT
ftr-441	63	1	this	this	PRON
ftr-441	63	2	was	be	AUX
ftr-441	63	3	in	in	ADP
ftr-441	63	4	contrast	contrast	NOUN
ftr-441	63	5	to	to	ADP
ftr-441	63	6	a	a	DET
ftr-441	63	7	partner	partner	NOUN
ftr-441	63	8	's	's	PART
ftr-441	63	9	relationship	relationship	NOUN
ftr-441	63	10	to	to	ADP
ftr-441	63	11	a	a	DET
ftr-441	63	12	partnership	partnership	NOUN
ftr-441	63	13	.	.	PUNCT
ftr-441	64	1	partners	partner	NOUN
ftr-441	64	2	were	be	AUX
ftr-441	64	3	generally	generally	ADV
ftr-441	64	4	actively	actively	ADV
ftr-441	64	5	involved	involve	VERB
ftr-441	64	6	in	in	ADP
ftr-441	64	7	the	the	DET
ftr-441	64	8	partnership	partnership	NOUN
ftr-441	64	9	's	's	PART
ftr-441	64	10	business	business	NOUN
ftr-441	64	11	,	,	PUNCT
ftr-441	64	12	as	as	ADV
ftr-441	64	13	well	well	ADV
ftr-441	64	14	as	as	ADP
ftr-441	64	15	responsible	responsible	ADJ
ftr-441	64	16	for	for	ADP
ftr-441	64	17	the	the	DET
ftr-441	64	18	partnership	partnership	NOUN
ftr-441	64	19	debts	debt	NOUN
ftr-441	64	20	.	.	PUNCT
ftr-441	65	1	additionally	additionally	ADV
ftr-441	65	2	,	,	PUNCT
ftr-441	65	3	the	the	DET
ftr-441	65	4	life	life	NOUN
ftr-441	65	5	of	of	ADP
ftr-441	65	6	the	the	DET
ftr-441	65	7	partnership	partnership	NOUN
ftr-441	65	8	was	be	AUX
ftr-441	65	9	contingent	contingent	ADJ
ftr-441	65	10	on	on	ADP
ftr-441	65	11	the	the	DET
ftr-441	65	12	life	life	NOUN
ftr-441	65	13	of	of	ADP
ftr-441	65	14	its	its	PRON
ftr-441	65	15	members	member	NOUN
ftr-441	65	16	.	.	PUNCT
ftr-441	66	1	these	these	DET
ftr-441	66	2	factors	factor	NOUN
ftr-441	66	3	created	create	VERB
ftr-441	66	4	a	a	DET
ftr-441	66	5	unity	unity	NOUN
ftr-441	66	6	between	between	ADP
ftr-441	66	7	the	the	DET
ftr-441	66	8	partner	partner	NOUN
ftr-441	66	9	and	and	CCONJ
ftr-441	66	10	the	the	DET
ftr-441	66	11	partnership	partnership	NOUN
ftr-441	66	12	.	.	PUNCT
ftr-441	67	1	legal	legal	ADJ
ftr-441	67	2	theory	theory	NOUN
ftr-441	67	3	,	,	PUNCT
ftr-441	67	4	following	follow	VERB
ftr-441	67	5	these	these	DET
ftr-441	67	6	basic	basic	ADJ
ftr-441	67	7	differences	difference	NOUN
ftr-441	67	8	between	between	ADP
ftr-441	67	9	a	a	DET
ftr-441	67	10	corporation	corporation	NOUN
ftr-441	67	11	and	and	CCONJ
ftr-441	67	12	a	a	DET
ftr-441	67	13	partnership	partnership	NOUN
ftr-441	67	14	,	,	PUNCT
ftr-441	67	15	veered	veer	VERB
ftr-441	67	16	toward	toward	ADP
ftr-441	67	17	a	a	DET
ftr-441	67	18	natural	natural	ADJ
ftr-441	67	19	entity	entity	NOUN
ftr-441	67	20	theory	theory	NOUN
ftr-441	67	21	in	in	ADP
ftr-441	67	22	the	the	DET
ftr-441	67	23	corporate	corporate	ADJ
ftr-441	67	24	area	area	NOUN
ftr-441	67	25	,	,	PUNCT
ftr-441	67	26	but	but	CCONJ
ftr-441	67	27	resisted	resist	VERB
ftr-441	67	28	it	it	PRON
ftr-441	67	29	,	,	PUNCT
ftr-441	67	30	at	at	ADP
ftr-441	67	31	least	least	ADJ
ftr-441	67	32	partially	partially	ADV
ftr-441	67	33	,	,	PUNCT
ftr-441	67	34	in	in	ADP
ftr-441	67	35	the	the	DET
ftr-441	67	36	partnership	partnership	NOUN
ftr-441	67	37	area	area	NOUN
ftr-441	67	38	.	.	PUNCT
ftr-441	68	1	this	this	DET
ftr-441	68	2	theory	theory	NOUN
ftr-441	68	3	of	of	ADP
ftr-441	68	4	business	business	NOUN
ftr-441	68	5	organization	organization	NOUN
ftr-441	68	6	personality	personality	NOUN
ftr-441	68	7	influenced	influence	VERB
ftr-441	68	8	the	the	DET
ftr-441	68	9	income	income	NOUN
ftr-441	68	10	tax	tax	NOUN
ftr-441	68	11	rules	rule	NOUN
ftr-441	68	12	that	that	PRON
ftr-441	68	13	developed	develop	VERB
ftr-441	68	14	for	for	ADP
ftr-441	68	15	those	those	DET
ftr-441	68	16	organizations	organization	NOUN
ftr-441	68	17	.	.	PUNCT
ftr-441	69	1	the	the	DET
ftr-441	69	2	first	first	ADJ
ftr-441	69	3	income	income	NOUN
ftr-441	69	4	taxes	taxis	NOUN
ftr-441	69	5	in	in	ADP
ftr-441	69	6	this	this	DET
ftr-441	69	7	country	country	NOUN
ftr-441	69	8	,	,	PUNCT
ftr-441	69	9	imposed	impose	VERB
ftr-441	69	10	during	during	ADP
ftr-441	69	11	the	the	DET
ftr-441	69	12	civil	civil	ADJ
ftr-441	69	13	war	war	NOUN
ftr-441	69	14	period	period	NOUN
ftr-441	69	15	,	,	PUNCT
ftr-441	69	16	were	be	AUX
ftr-441	69	17	generally	generally	ADV
ftr-441	69	18	only	only	ADV
ftr-441	69	19	taxes	taxis	NOUN
ftr-441	69	20	on	on	ADP
ftr-441	69	21	individuals	individual	NOUN
ftr-441	69	22	.	.	PUNCT
ftr-441	70	1	although	although	SCONJ
ftr-441	70	2	certain	certain	ADJ
ftr-441	70	3	companies	company	NOUN
ftr-441	70	4	were	be	AUX
ftr-441	70	5	required	require	VERB
ftr-441	70	6	to	to	PART
ftr-441	70	7	pay	pay	VERB
ftr-441	70	8	tax	tax	NOUN
ftr-441	70	9	on	on	ADP
ftr-441	70	10	amounts	amount	NOUN
ftr-441	70	11	paid	pay	VERB
ftr-441	70	12	out	out	ADP
ftr-441	70	13	as	as	ADP
ftr-441	70	14	dividends	dividend	NOUN
ftr-441	70	15	or	or	CCONJ
ftr-441	70	16	interest	interest	NOUN
ftr-441	70	17	,	,	PUNCT
ftr-441	70	18	the	the	DET
ftr-441	70	19	same	same	ADJ
ftr-441	70	20	amounts	amount	NOUN
ftr-441	70	21	were	be	AUX
ftr-441	70	22	then	then	ADV
ftr-441	70	23	deductible	deductible	ADJ
ftr-441	70	24	from	from	ADP
ftr-441	70	25	the	the	DET
ftr-441	70	26	payee	payee	NOUN
ftr-441	70	27	's	's	PART
ftr-441	70	28	tax	tax	NOUN
ftr-441	70	29	base	base	NOUN
ftr-441	70	30	.	.	PUNCT
ftr-441	70	31	'	'	PUNCT
ftr-441	71	1	thus	thus	ADV
ftr-441	71	2	,	,	PUNCT
ftr-441	71	3	the	the	DET
ftr-441	71	4	original	original	ADJ
ftr-441	71	5	structure	structure	NOUN
ftr-441	71	6	could	could	AUX
ftr-441	71	7	well	well	ADV
ftr-441	71	8	be	be	AUX
ftr-441	71	9	viewed	view	VERB
ftr-441	71	10	as	as	ADP
ftr-441	71	11	imposing	impose	VERB
ftr-441	71	12	a	a	DET
ftr-441	71	13	mere	mere	ADJ
ftr-441	71	14	withholding	withholding	NOUN
ftr-441	71	15	tax	tax	NOUN
ftr-441	71	16	on	on	ADP
ftr-441	71	17	the	the	DET
ftr-441	71	18	companies	company	NOUN
ftr-441	71	19	and	and	CCONJ
ftr-441	71	20	not	not	PART
ftr-441	71	21	a	a	DET
ftr-441	71	22	3	3	NUM
ftr-441	71	23	.	.	PUNCT
ftr-441	72	1	see	see	VERB
ftr-441	72	2	marjorie	marjorie	PROPN
ftr-441	72	3	e.	e.	PROPN
ftr-441	72	4	kornhauser	kornhauser	PROPN
ftr-441	72	5	,	,	PUNCT
ftr-441	72	6	corporate	corporate	ADJ
ftr-441	72	7	regulation	regulation	NOUN
ftr-441	72	8	and	and	CCONJ
ftr-441	72	9	the	the	DET
ftr-441	72	10	origins	origin	NOUN
ftr-441	72	11	of	of	ADP
ftr-441	72	12	the	the	DET
ftr-441	72	13	corporate	corporate	ADJ
ftr-441	72	14	income	income	NOUN
ftr-441	72	15	tax	tax	NOUN
ftr-441	72	16	,	,	PUNCT
ftr-441	72	17	66	66	NUM
ftr-441	72	18	ind	ind	NOUN
ftr-441	72	19	.	.	PUNCT
ftr-441	73	1	u.	u.	PROPN
ftr-441	73	2	53	53	NUM
ftr-441	73	3	,	,	PUNCT
ftr-441	73	4	57	57	NUM
ftr-441	73	5	-	-	SYM
ftr-441	73	6	62	62	NUM
ftr-441	73	7	(	(	PUNCT
ftr-441	73	8	1990	1990	NUM
ftr-441	73	9	)	)	PUNCT
ftr-441	73	10	.	.	PUNCT
ftr-441	74	1	much	much	ADJ
ftr-441	74	2	of	of	ADP
ftr-441	74	3	the	the	DET
ftr-441	74	4	following	follow	VERB
ftr-441	74	5	discussion	discussion	NOUN
ftr-441	74	6	regarding	regard	VERB
ftr-441	74	7	the	the	DET
ftr-441	74	8	origins	origin	NOUN
ftr-441	74	9	of	of	ADP
ftr-441	74	10	the	the	DET
ftr-441	74	11	corporate	corporate	ADJ
ftr-441	74	12	income	income	NOUN
ftr-441	74	13	tax	tax	NOUN
ftr-441	74	14	are	be	AUX
ftr-441	74	15	based	base	VERB
ftr-441	74	16	on	on	ADP
ftr-441	74	17	professor	professor	NOUN
ftr-441	74	18	kornhauser	kornhauser	NOUN
ftr-441	74	19	's	's	PART
ftr-441	74	20	article	article	NOUN
ftr-441	74	21	.	.	PUNCT
ftr-441	75	1	4	4	X
ftr-441	75	2	.	.	X
ftr-441	75	3	see	see	VERB
ftr-441	75	4	i	i	PRON
ftr-441	75	5	d.	d.	PROPN
ftr-441	75	6	at	at	ADP
ftr-441	75	7	61	61	NUM
ftr-441	75	8	.	.	PUNCT
ftr-441	76	1	5	5	NUM
ftr-441	76	2	.	.	X
ftr-441	76	3	see	see	VERB
ftr-441	76	4	act	act	NOUN
ftr-441	76	5	of	of	ADP
ftr-441	76	6	july	july	PROPN
ftr-441	76	7	1	1	NUM
ftr-441	76	8	,	,	PUNCT
ftr-441	76	9	1862	1862	NUM
ftr-441	76	10	,	,	PUNCT
ftr-441	76	11	cli	cli	NOUN
ftr-441	76	12	119	119	NUM
ftr-441	76	13	,	,	PUNCT
ftr-441	76	14	§	§	PROPN
ftr-441	76	15	§	§	PROPN
ftr-441	76	16	81	81	NUM
ftr-441	76	17	-	-	SYM
ftr-441	76	18	82	82	NUM
ftr-441	76	19	,	,	PUNCT
ftr-441	76	20	90	90	NUM
ftr-441	76	21	-	-	SYM
ftr-441	76	22	91	91	NUM
ftr-441	76	23	,	,	PUNCT
ftr-441	76	24	12	12	NUM
ftr-441	76	25	stat	stat	NOUN
ftr-441	76	26	.	.	PUNCT
ftr-441	77	1	432,469	432,469	NUM
ftr-441	77	2	-	-	SYM
ftr-441	77	3	71,473	71,473	NUM
ftr-441	77	4	-	-	SYM
ftr-441	77	5	74	74	NUM
ftr-441	77	6	(	(	PUNCT
ftr-441	77	7	1862	1862	NUM
ftr-441	77	8	)	)	PUNCT
ftr-441	77	9	.	.	PUNCT
ftr-441	78	1	the	the	DET
ftr-441	78	2	taxes	taxis	NOUN
ftr-441	78	3	were	be	AUX
ftr-441	78	4	also	also	ADV
ftr-441	78	5	imposed	impose	VERB
ftr-441	78	6	based	base	VERB
ftr-441	78	7	upon	upon	SCONJ
ftr-441	78	8	the	the	DET
ftr-441	78	9	specific	specific	ADJ
ftr-441	78	10	industry	industry	NOUN
ftr-441	78	11	or	or	CCONJ
ftr-441	78	12	trade	trade	NOUN
ftr-441	78	13	of	of	ADP
ftr-441	78	14	the	the	DET
ftr-441	78	15	business	business	NOUN
ftr-441	78	16	and	and	CCONJ
ftr-441	78	17	not	not	PART
ftr-441	78	18	its	its	PRON
ftr-441	78	19	form	form	NOUN
ftr-441	78	20	of	of	ADP
ftr-441	78	21	organization	organization	NOUN
ftr-441	78	22	.	.	PUNCT
ftr-441	79	1	1999	1999	NUM
ftr-441	79	2	]	]	PUNCT
ftr-441	79	3	florida	florida	PROPN
ftr-441	79	4	tax	tax	PROPN
ftr-441	79	5	review	review	PROPN
ftr-441	79	6	tax	tax	NOUN
ftr-441	79	7	independent	independent	NOUN
ftr-441	79	8	of	of	ADP
ftr-441	79	9	the	the	DET
ftr-441	79	10	individual	individual	ADJ
ftr-441	79	11	income	income	NOUN
ftr-441	79	12	tax	tax	NOUN
ftr-441	79	13	.	.	PUNCT
ftr-441	79	14	'	'	PUNCT
ftr-441	80	1	for	for	ADP
ftr-441	80	2	owners	owner	NOUN
ftr-441	80	3	of	of	ADP
ftr-441	80	4	other	other	ADJ
ftr-441	80	5	firms	firm	NOUN
ftr-441	80	6	,	,	PUNCT
ftr-441	80	7	both	both	PRON
ftr-441	80	8	incorporated	incorporate	VERB
ftr-441	80	9	and	and	CCONJ
ftr-441	80	10	unincorporated	unincorporate	VERB
ftr-441	80	11	,	,	PUNCT
ftr-441	80	12	a	a	DET
ftr-441	80	13	pure	pure	ADJ
ftr-441	80	14	conduit	conduit	NOUN
ftr-441	80	15	approach	approach	NOUN
ftr-441	80	16	was	be	AUX
ftr-441	80	17	specified	specify	VERB
ftr-441	80	18	:	:	PUNCT
ftr-441	80	19	in	in	ADP
ftr-441	80	20	estimating	estimate	VERB
ftr-441	80	21	the	the	DET
ftr-441	80	22	annual	annual	ADJ
ftr-441	80	23	gains	gain	NOUN
ftr-441	80	24	,	,	PUNCT
ftr-441	80	25	profits	profit	NOUN
ftr-441	80	26	,	,	PUNCT
ftr-441	80	27	or	or	CCONJ
ftr-441	80	28	income	income	NOUN
ftr-441	80	29	of	of	ADP
ftr-441	80	30	any	any	DET
ftr-441	80	31	person	person	NOUN
ftr-441	80	32	,	,	PUNCT
ftr-441	80	33	...	...	PUNCT
ftr-441	80	34	the	the	DET
ftr-441	80	35	gains	gain	NOUN
ftr-441	80	36	and	and	CCONJ
ftr-441	80	37	profits	profit	NOUN
ftr-441	80	38	of	of	ADP
ftr-441	80	39	all	all	DET
ftr-441	80	40	companies	company	NOUN
ftr-441	80	41	,	,	PUNCT
ftr-441	80	42	whether	whether	SCONJ
ftr-441	80	43	incorporated	incorporate	VERB
ftr-441	80	44	or	or	CCONJ
ftr-441	80	45	partnership	partnership	NOUN
ftr-441	80	46	,	,	PUNCT
ftr-441	80	47	other	other	ADJ
ftr-441	80	48	than	than	ADP
ftr-441	80	49	the	the	DET
ftr-441	80	50	companies	company	NOUN
ftr-441	80	51	specified	specify	VERB
ftr-441	80	52	in	in	ADP
ftr-441	80	53	this	this	DET
ftr-441	80	54	section	section	NOUN
ftr-441	80	55	,	,	PUNCT
ftr-441	80	56	shall	shall	AUX
ftr-441	80	57	be	be	AUX
ftr-441	80	58	included	include	VERB
ftr-441	80	59	in	in	ADP
ftr-441	80	60	estimating	estimate	VERB
ftr-441	80	61	the	the	DET
ftr-441	80	62	annual	annual	ADJ
ftr-441	80	63	gains	gain	NOUN
ftr-441	80	64	,	,	PUNCT
ftr-441	80	65	profits	profit	NOUN
ftr-441	80	66	,	,	PUNCT
ftr-441	80	67	or	or	CCONJ
ftr-441	80	68	income	income	NOUN
ftr-441	80	69	of	of	ADP
ftr-441	80	70	any	any	DET
ftr-441	80	71	person	person	NOUN
ftr-441	80	72	entitled	entitle	VERB
ftr-441	80	73	to	to	ADP
ftr-441	80	74	the	the	DET
ftr-441	80	75	same	same	ADJ
ftr-441	80	76	,	,	PUNCT
ftr-441	80	77	whether	whether	SCONJ
ftr-441	80	78	divided	divided	ADJ
ftr-441	80	79	or	or	CCONJ
ftr-441	80	80	otherwise.7	otherwise.7	NOUN
ftr-441	80	81	thus	thus	ADV
ftr-441	80	82	,	,	PUNCT
ftr-441	80	83	as	as	ADP
ftr-441	80	84	of	of	ADP
ftr-441	80	85	the	the	DET
ftr-441	80	86	time	time	NOUN
ftr-441	80	87	of	of	ADP
ftr-441	80	88	the	the	DET
ftr-441	80	89	civil	civil	ADJ
ftr-441	80	90	war	war	NOUN
ftr-441	80	91	period	period	NOUN
ftr-441	80	92	,	,	PUNCT
ftr-441	80	93	there	there	PRON
ftr-441	80	94	was	be	VERB
ftr-441	80	95	no	no	DET
ftr-441	80	96	clear	clear	ADJ
ftr-441	80	97	indication	indication	NOUN
ftr-441	80	98	that	that	SCONJ
ftr-441	80	99	corporations	corporation	NOUN
ftr-441	80	100	should	should	AUX
ftr-441	80	101	be	be	AUX
ftr-441	80	102	treated	treat	VERB
ftr-441	80	103	any	any	DET
ftr-441	80	104	different	different	ADJ
ftr-441	80	105	from	from	ADP
ftr-441	80	106	partnerships	partnership	NOUN
ftr-441	80	107	for	for	ADP
ftr-441	80	108	income	income	NOUN
ftr-441	80	109	tax	tax	NOUN
ftr-441	80	110	purposes	purpose	NOUN
ftr-441	80	111	.	.	PUNCT
ftr-441	81	1	this	this	DET
ftr-441	81	2	attitude	attitude	NOUN
ftr-441	81	3	changed	change	VERB
ftr-441	81	4	in	in	ADP
ftr-441	81	5	1894	1894	NUM
ftr-441	81	6	when	when	SCONJ
ftr-441	81	7	the	the	DET
ftr-441	81	8	income	income	NOUN
ftr-441	81	9	tax	tax	NOUN
ftr-441	81	10	was	be	AUX
ftr-441	81	11	reintroduced.8	reintroduced.8	PROPN
ftr-441	81	12	the	the	DET
ftr-441	81	13	1894	1894	NUM
ftr-441	81	14	law	law	NOUN
ftr-441	81	15	contained	contain	VERB
ftr-441	81	16	both	both	CCONJ
ftr-441	81	17	a	a	DET
ftr-441	81	18	2	2	NUM
ftr-441	81	19	%	%	NOUN
ftr-441	81	20	tax	tax	NOUN
ftr-441	81	21	on	on	ADP
ftr-441	81	22	the	the	DET
ftr-441	81	23	income	income	NOUN
ftr-441	81	24	of	of	ADP
ftr-441	81	25	individuals	individual	NOUN
ftr-441	81	26	and	and	CCONJ
ftr-441	81	27	a	a	DET
ftr-441	81	28	similar	similar	ADJ
ftr-441	81	29	tax	tax	NOUN
ftr-441	81	30	on	on	ADP
ftr-441	81	31	the	the	DET
ftr-441	81	32	income	income	NOUN
ftr-441	81	33	of	of	ADP
ftr-441	81	34	all	all	DET
ftr-441	81	35	"	"	PUNCT
ftr-441	81	36	corporations	corporation	NOUN
ftr-441	81	37	,	,	PUNCT
ftr-441	81	38	companies	company	NOUN
ftr-441	81	39	,	,	PUNCT
ftr-441	81	40	or	or	CCONJ
ftr-441	81	41	associations	association	NOUN
ftr-441	81	42	...	...	PUNCT
ftr-441	81	43	but	but	CCONJ
ftr-441	81	44	not	not	PART
ftr-441	81	45	including	include	VERB
ftr-441	81	46	partnerships	partnership	NOUN
ftr-441	81	47	.	.	PUNCT
ftr-441	82	1	"9	"9	VERB
ftr-441	82	2	an	an	DET
ftr-441	82	3	individual	individual	NOUN
ftr-441	82	4	,	,	PUNCT
ftr-441	82	5	however	however	ADV
ftr-441	82	6	,	,	PUNCT
ftr-441	82	7	was	be	AUX
ftr-441	82	8	entitled	entitle	VERB
ftr-441	82	9	to	to	PART
ftr-441	82	10	exclude	exclude	VERB
ftr-441	82	11	from	from	ADP
ftr-441	82	12	his	his	PRON
ftr-441	82	13	or	or	CCONJ
ftr-441	82	14	her	her	PRON
ftr-441	82	15	tax	tax	NOUN
ftr-441	82	16	base	base	NOUN
ftr-441	82	17	any	any	DET
ftr-441	82	18	dividends	dividend	NOUN
ftr-441	82	19	received	receive	VERB
ftr-441	82	20	from	from	ADP
ftr-441	82	21	a	a	DET
ftr-441	82	22	corporation	corporation	NOUN
ftr-441	82	23	which	which	PRON
ftr-441	82	24	had	have	AUX
ftr-441	82	25	already	already	ADV
ftr-441	82	26	paid	pay	VERB
ftr-441	82	27	the	the	DET
ftr-441	82	28	2	2	NUM
ftr-441	82	29	%	%	NOUN
ftr-441	82	30	tax	tax	NOUN
ftr-441	82	31	.	.	PUNCT
ftr-441	83	1	'0	'0	X
ftr-441	83	2	this	this	DET
ftr-441	83	3	feature	feature	NOUN
ftr-441	83	4	,	,	PUNCT
ftr-441	83	5	combined	combine	VERB
ftr-441	83	6	with	with	ADP
ftr-441	83	7	the	the	DET
ftr-441	83	8	fact	fact	NOUN
ftr-441	83	9	that	that	SCONJ
ftr-441	83	10	both	both	DET
ftr-441	83	11	taxes	taxis	NOUN
ftr-441	83	12	were	be	AUX
ftr-441	83	13	levied	levy	VERB
ftr-441	83	14	at	at	ADP
ftr-441	83	15	the	the	DET
ftr-441	83	16	same	same	ADJ
ftr-441	83	17	rate	rate	NOUN
ftr-441	83	18	,	,	PUNCT
ftr-441	83	19	also	also	ADV
ftr-441	83	20	suggested	suggest	VERB
ftr-441	83	21	that	that	SCONJ
ftr-441	83	22	the	the	DET
ftr-441	83	23	corporate	corporate	ADJ
ftr-441	83	24	tax	tax	NOUN
ftr-441	83	25	might	might	AUX
ftr-441	83	26	be	be	AUX
ftr-441	83	27	viewed	view	VERB
ftr-441	83	28	as	as	ADP
ftr-441	83	29	a	a	DET
ftr-441	83	30	mere	mere	ADJ
ftr-441	83	31	withholding	withholding	NOUN
ftr-441	83	32	tax	tax	NOUN
ftr-441	83	33	.	.	PUNCT
ftr-441	84	1	however	however	ADV
ftr-441	84	2	,	,	PUNCT
ftr-441	84	3	in	in	ADP
ftr-441	84	4	at	at	ADV
ftr-441	84	5	least	least	ADV
ftr-441	84	6	one	one	NUM
ftr-441	84	7	important	important	ADJ
ftr-441	84	8	respect	respect	NOUN
ftr-441	84	9	,	,	PUNCT
ftr-441	84	10	the	the	DET
ftr-441	84	11	corporate	corporate	ADJ
ftr-441	84	12	tax	tax	NOUN
ftr-441	84	13	was	be	AUX
ftr-441	84	14	more	more	ADV
ftr-441	84	15	clearly	clearly	ADV
ftr-441	84	16	a	a	DET
ftr-441	84	17	separate	separate	ADJ
ftr-441	84	18	and	and	CCONJ
ftr-441	84	19	independent	independent	ADJ
ftr-441	84	20	tax	tax	NOUN
ftr-441	84	21	:	:	PUNCT
ftr-441	84	22	unlike	unlike	ADP
ftr-441	84	23	individuals	individual	NOUN
ftr-441	84	24	,	,	PUNCT
ftr-441	84	25	who	who	PRON
ftr-441	84	26	only	only	ADV
ftr-441	84	27	had	have	VERB
ftr-441	84	28	to	to	PART
ftr-441	84	29	pay	pay	VERB
ftr-441	84	30	tax	tax	NOUN
ftr-441	84	31	on	on	ADP
ftr-441	84	32	income	income	NOUN
ftr-441	84	33	in	in	ADP
ftr-441	84	34	excess	excess	NOUN
ftr-441	84	35	of	of	ADP
ftr-441	84	36	$	$	SYM
ftr-441	84	37	4,000	4,000	NUM
ftr-441	84	38	,	,	PUNCT
ftr-441	84	39	corporations	corporation	NOUN
ftr-441	84	40	were	be	AUX
ftr-441	84	41	not	not	PART
ftr-441	84	42	provided	provide	VERB
ftr-441	84	43	with	with	ADP
ftr-441	84	44	any	any	DET
ftr-441	84	45	exemption	exemption	NOUN
ftr-441	84	46	amount	amount	NOUN
ftr-441	84	47	.	.	PUNCT
ftr-441	84	48	"	"	PUNCT
ftr-441	85	1	thus	thus	ADV
ftr-441	85	2	,	,	PUNCT
ftr-441	85	3	the	the	DET
ftr-441	85	4	corporate	corporate	ADJ
ftr-441	85	5	tax	tax	NOUN
ftr-441	85	6	was	be	AUX
ftr-441	85	7	not	not	PART
ftr-441	85	8	simply	simply	ADV
ftr-441	85	9	a	a	DET
ftr-441	85	10	convenient	convenient	ADJ
ftr-441	85	11	and	and	CCONJ
ftr-441	85	12	administrable	administrable	ADJ
ftr-441	85	13	way	way	NOUN
ftr-441	85	14	to	to	PART
ftr-441	85	15	collect	collect	VERB
ftr-441	85	16	the	the	DET
ftr-441	85	17	individual	individual	ADJ
ftr-441	85	18	income	income	NOUN
ftr-441	85	19	tax	tax	NOUN
ftr-441	85	20	on	on	ADP
ftr-441	85	21	corporate	corporate	ADJ
ftr-441	85	22	-	-	PUNCT
ftr-441	85	23	source	source	NOUN
ftr-441	85	24	income	income	NOUN
ftr-441	85	25	.	.	PUNCT
ftr-441	86	1	the	the	DET
ftr-441	86	2	significance	significance	NOUN
ftr-441	86	3	of	of	ADP
ftr-441	86	4	the	the	DET
ftr-441	86	5	separate	separate	ADJ
ftr-441	86	6	,	,	PUNCT
ftr-441	86	7	entity	entity	NOUN
ftr-441	86	8	tax	tax	NOUN
ftr-441	86	9	levied	levy	VERB
ftr-441	86	10	on	on	ADP
ftr-441	86	11	corporations	corporation	NOUN
ftr-441	86	12	in	in	ADP
ftr-441	86	13	1894	1894	NUM
ftr-441	86	14	was	be	AUX
ftr-441	86	15	not	not	PART
ftr-441	86	16	lost	lose	VERB
ftr-441	86	17	on	on	ADP
ftr-441	86	18	the	the	DET
ftr-441	86	19	legislators	legislator	NOUN
ftr-441	86	20	at	at	ADP
ftr-441	86	21	the	the	DET
ftr-441	86	22	time	time	NOUN
ftr-441	86	23	.	.	PUNCT
ftr-441	87	1	those	those	PRON
ftr-441	87	2	who	who	PRON
ftr-441	87	3	advocated	advocate	VERB
ftr-441	87	4	a	a	DET
ftr-441	87	5	corporate	corporate	ADJ
ftr-441	87	6	exemption	exemption	NOUN
ftr-441	87	7	similar	similar	ADJ
ftr-441	87	8	to	to	ADP
ftr-441	87	9	the	the	DET
ftr-441	87	10	one	one	NOUN
ftr-441	87	11	available	available	ADJ
ftr-441	87	12	to	to	ADP
ftr-441	87	13	individuals	individual	NOUN
ftr-441	87	14	objected	object	VERB
ftr-441	87	15	to	to	ADP
ftr-441	87	16	the	the	DET
ftr-441	87	17	fact	fact	NOUN
ftr-441	87	18	that	that	SCONJ
ftr-441	87	19	corporate	corporate	ADJ
ftr-441	87	20	-	-	PUNCT
ftr-441	87	21	source	source	NOUN
ftr-441	87	22	income	income	NOUN
ftr-441	87	23	would	would	AUX
ftr-441	87	24	otherwise	otherwise	ADV
ftr-441	87	25	be	be	AUX
ftr-441	87	26	taxed	tax	VERB
ftr-441	87	27	more	more	ADV
ftr-441	87	28	harshly	harshly	ADV
ftr-441	87	29	than	than	ADP
ftr-441	87	30	the	the	DET
ftr-441	87	31	income	income	NOUN
ftr-441	87	32	of	of	ADP
ftr-441	87	33	partnerships	partnership	NOUN
ftr-441	87	34	.	.	PUNCT
ftr-441	88	1	they	they	PRON
ftr-441	88	2	viewed	view	VERB
ftr-441	88	3	the	the	DET
ftr-441	88	4	corporation	corporation	NOUN
ftr-441	88	5	as	as	ADP
ftr-441	88	6	primarily	primarily	ADV
ftr-441	88	7	an	an	DET
ftr-441	88	8	aggregate	aggregate	NOUN
ftr-441	88	9	of	of	ADP
ftr-441	88	10	individuals	individual	NOUN
ftr-441	88	11	analogous	analogous	ADJ
ftr-441	88	12	to	to	ADP
ftr-441	88	13	a	a	DET
ftr-441	88	14	partnership	partnership	NOUN
ftr-441	88	15	.	.	PUNCT
ftr-441	89	1	in	in	ADP
ftr-441	89	2	contrast	contrast	NOUN
ftr-441	89	3	,	,	PUNCT
ftr-441	89	4	legislators	legislator	NOUN
ftr-441	89	5	6	6	NUM
ftr-441	89	6	.	.	PUNCT
ftr-441	90	1	the	the	DET
ftr-441	90	2	supreme	supreme	PROPN
ftr-441	90	3	court	court	PROPN
ftr-441	90	4	was	be	AUX
ftr-441	90	5	confused	confused	ADJ
ftr-441	90	6	regarding	regard	VERB
ftr-441	90	7	the	the	DET
ftr-441	90	8	nature	nature	NOUN
ftr-441	90	9	of	of	ADP
ftr-441	90	10	the	the	DET
ftr-441	90	11	tax	tax	NOUN
ftr-441	90	12	imposed	impose	VERB
ftr-441	90	13	on	on	ADP
ftr-441	90	14	certain	certain	ADJ
ftr-441	90	15	companies	company	NOUN
ftr-441	90	16	,	,	PUNCT
ftr-441	90	17	first	first	ADV
ftr-441	90	18	holding	hold	VERB
ftr-441	90	19	that	that	SCONJ
ftr-441	90	20	it	it	PRON
ftr-441	90	21	was	be	AUX
ftr-441	90	22	a	a	DET
ftr-441	90	23	separate	separate	ADJ
ftr-441	90	24	tax	tax	NOUN
ftr-441	90	25	,	,	PUNCT
ftr-441	90	26	barnes	barne	NOUN
ftr-441	90	27	v.	v.	ADP
ftr-441	90	28	the	the	DET
ftr-441	90	29	railroads	railroad	NOUN
ftr-441	90	30	,	,	PUNCT
ftr-441	90	31	84	84	NUM
ftr-441	90	32	u.s	u.s	PROPN
ftr-441	90	33	.	.	PROPN
ftr-441	90	34	294	294	NUM
ftr-441	90	35	,	,	PUNCT
ftr-441	90	36	303	303	NUM
ftr-441	90	37	(	(	PUNCT
ftr-441	90	38	1872	1872	NUM
ftr-441	90	39	)	)	PUNCT
ftr-441	90	40	,	,	PUNCT
ftr-441	90	41	and	and	CCONJ
ftr-441	90	42	then	then	ADV
ftr-441	90	43	concluding	conclude	VERB
ftr-441	90	44	that	that	SCONJ
ftr-441	90	45	it	it	PRON
ftr-441	90	46	was	be	AUX
ftr-441	90	47	a	a	DET
ftr-441	90	48	mere	mere	ADJ
ftr-441	90	49	withholding	withholding	NOUN
ftr-441	90	50	tax	tax	NOUN
ftr-441	90	51	and	and	CCONJ
ftr-441	90	52	therefore	therefore	ADV
ftr-441	90	53	part	part	NOUN
ftr-441	90	54	of	of	ADP
ftr-441	90	55	the	the	DET
ftr-441	90	56	individual	individual	ADJ
ftr-441	90	57	income	income	NOUN
ftr-441	90	58	tax	tax	NOUN
ftr-441	90	59	system	system	NOUN
ftr-441	90	60	,	,	PUNCT
ftr-441	90	61	united	united	PROPN
ftr-441	90	62	states	states	PROPN
ftr-441	90	63	v.	v.	ADP
ftr-441	90	64	railroad	railroad	PROPN
ftr-441	90	65	co.	co.	PROPN
ftr-441	90	66	,	,	PUNCT
ftr-441	90	67	84	84	NUM
ftr-441	90	68	u.s	u.s	PROPN
ftr-441	90	69	.	.	PROPN
ftr-441	90	70	322	322	NUM
ftr-441	90	71	(	(	PUNCT
ftr-441	90	72	1872	1872	NUM
ftr-441	90	73	)	)	PUNCT
ftr-441	90	74	.	.	PUNCT
ftr-441	91	1	7	7	X
ftr-441	91	2	.	.	X
ftr-441	91	3	act	act	NOUN
ftr-441	91	4	of	of	ADP
ftr-441	91	5	june	june	PROPN
ftr-441	91	6	30	30	NUM
ftr-441	91	7	,	,	PUNCT
ftr-441	91	8	1864	1864	NUM
ftr-441	91	9	,	,	PUNCT
ftr-441	91	10	ch	ch	NOUN
ftr-441	91	11	.	.	PROPN
ftr-441	91	12	173	173	NUM
ftr-441	91	13	,	,	PUNCT
ftr-441	91	14	§	§	PROPN
ftr-441	91	15	117	117	NUM
ftr-441	91	16	,	,	PUNCT
ftr-441	91	17	13	13	NUM
ftr-441	91	18	stat	stat	NOUN
ftr-441	91	19	.	.	PUNCT
ftr-441	91	20	223	223	NUM
ftr-441	91	21	,	,	PUNCT
ftr-441	91	22	281	281	NUM
ftr-441	91	23	-	-	SYM
ftr-441	91	24	82	82	NUM
ftr-441	91	25	(	(	PUNCT
ftr-441	91	26	1864	1864	NUM
ftr-441	91	27	)	)	PUNCT
ftr-441	91	28	.	.	PUNCT
ftr-441	92	1	8	8	X
ftr-441	92	2	.	.	X
ftr-441	93	1	see	see	VERB
ftr-441	93	2	patrick	patrick	PROPN
ftr-441	93	3	e.	e.	PROPN
ftr-441	93	4	hobbs	hobbs	PROPN
ftr-441	93	5	,	,	PUNCT
ftr-441	93	6	entity	entity	NOUN
ftr-441	93	7	classification	classification	NOUN
ftr-441	93	8	:	:	PUNCT
ftr-441	93	9	the	the	DET
ftr-441	93	10	one	one	NUM
ftr-441	93	11	hundred	hundred	NUM
ftr-441	93	12	-	-	PUNCT
ftr-441	93	13	year	year	NOUN
ftr-441	93	14	debate	debate	NOUN
ftr-441	93	15	,	,	PUNCT
ftr-441	93	16	44	44	NUM
ftr-441	93	17	cath	cath	NOUN
ftr-441	93	18	.	.	PUNCT
ftr-441	94	1	u.	u.	PROPN
ftr-441	94	2	l.	l.	PROPN
ftr-441	94	3	rev	rev	PROPN
ftr-441	94	4	.	.	PROPN
ftr-441	94	5	437	437	NUM
ftr-441	94	6	,	,	PUNCT
ftr-441	94	7	438	438	NUM
ftr-441	94	8	(	(	PUNCT
ftr-441	94	9	1995	1995	NUM
ftr-441	94	10	)	)	PUNCT
ftr-441	94	11	(	(	PUNCT
ftr-441	94	12	"	"	PUNCT
ftr-441	94	13	[	[	X
ftr-441	94	14	the	the	DET
ftr-441	94	15	1894	1894	NUM
ftr-441	94	16	act	act	NOUN
ftr-441	94	17	...	...	PUNCT
ftr-441	94	18	marked	mark	VERB
ftr-441	94	19	the	the	DET
ftr-441	94	20	first	first	ADJ
ftr-441	94	21	time	time	NOUN
ftr-441	94	22	in	in	ADP
ftr-441	94	23	this	this	DET
ftr-441	94	24	country	country	NOUN
ftr-441	94	25	's	's	PART
ftr-441	94	26	revenue	revenue	NOUN
ftr-441	94	27	history	history	NOUN
ftr-441	94	28	that	that	PRON
ftr-441	94	29	the	the	DET
ftr-441	94	30	law	law	NOUN
ftr-441	94	31	distinguished	distinguish	VERB
ftr-441	94	32	corporations	corporation	NOUN
ftr-441	94	33	from	from	ADP
ftr-441	94	34	other	other	ADJ
ftr-441	94	35	types	type	NOUN
ftr-441	94	36	of	of	ADP
ftr-441	94	37	business	business	NOUN
ftr-441	94	38	organizations	organization	NOUN
ftr-441	94	39	for	for	ADP
ftr-441	94	40	tax	tax	NOUN
ftr-441	94	41	purposes	purpose	NOUN
ftr-441	94	42	"	"	PUNCT
ftr-441	94	43	)	)	PUNCT
ftr-441	94	44	.	.	PUNCT
ftr-441	95	1	9	9	X
ftr-441	95	2	.	.	X
ftr-441	95	3	act	act	NOUN
ftr-441	95	4	of	of	ADP
ftr-441	95	5	aug	aug	PROPN
ftr-441	95	6	.	.	PROPN
ftr-441	95	7	27	27	NUM
ftr-441	95	8	,	,	PUNCT
ftr-441	95	9	1894	1894	NUM
ftr-441	95	10	,	,	PUNCT
ftr-441	95	11	ch	ch	NOUN
ftr-441	95	12	.	.	PROPN
ftr-441	95	13	349	349	NUM
ftr-441	95	14	,	,	PUNCT
ftr-441	95	15	§	§	PROPN
ftr-441	95	16	§	§	PROPN
ftr-441	95	17	27	27	NUM
ftr-441	95	18	,	,	PUNCT
ftr-441	95	19	32	32	NUM
ftr-441	95	20	,	,	PUNCT
ftr-441	95	21	28	28	NUM
ftr-441	95	22	stat	stat	NOUN
ftr-441	95	23	.	.	PUNCT
ftr-441	96	1	509	509	NUM
ftr-441	96	2	,	,	PUNCT
ftr-441	96	3	553	553	NUM
ftr-441	96	4	,	,	PUNCT
ftr-441	96	5	556	556	NUM
ftr-441	96	6	(	(	PUNCT
ftr-441	96	7	1894	1894	NUM
ftr-441	96	8	)	)	PUNCT
ftr-441	96	9	.	.	PUNCT
ftr-441	97	1	10	10	X
ftr-441	97	2	.	.	PUNCT
ftr-441	97	3	see	see	VERB
ftr-441	97	4	i	i	PRON
ftr-441	97	5	d.	d.	PROPN
ftr-441	97	6	§	§	PROPN
ftr-441	97	7	28	28	NUM
ftr-441	97	8	,	,	PUNCT
ftr-441	97	9	at	at	ADP
ftr-441	97	10	554	554	NUM
ftr-441	97	11	.	.	PUNCT
ftr-441	98	1	11	11	NUM
ftr-441	98	2	.	.	PUNCT
ftr-441	99	1	see	see	VERB
ftr-441	99	2	i	i	PRON
ftr-441	99	3	d.	d.	PROPN
ftr-441	99	4	§	§	PROPN
ftr-441	99	5	§	§	PROPN
ftr-441	99	6	27	27	NUM
ftr-441	99	7	,	,	PUNCT
ftr-441	99	8	32	32	NUM
ftr-441	99	9	,	,	PUNCT
ftr-441	99	10	at	at	ADP
ftr-441	99	11	553	553	NUM
ftr-441	99	12	,	,	PUNCT
ftr-441	99	13	556	556	NUM
ftr-441	99	14	.	.	PUNCT
ftr-441	100	1	[	[	X
ftr-441	100	2	vol	vol	NOUN
ftr-441	100	3	4:3	4:3	NUM
ftr-441	100	4	the	the	DET
ftr-441	100	5	future	future	ADJ
ftr-441	100	6	taxation	taxation	NOUN
ftr-441	100	7	of	of	ADP
ftr-441	100	8	private	private	ADJ
ftr-441	100	9	business	business	NOUN
ftr-441	100	10	firms	firm	NOUN
ftr-441	100	11	who	who	PRON
ftr-441	100	12	successfully	successfully	ADV
ftr-441	100	13	opposed	oppose	VERB
ftr-441	100	14	all	all	DET
ftr-441	100	15	attempts	attempt	NOUN
ftr-441	100	16	to	to	PART
ftr-441	100	17	adopt	adopt	VERB
ftr-441	100	18	a	a	DET
ftr-441	100	19	corporate	corporate	ADJ
ftr-441	100	20	exemption	exemption	NOUN
ftr-441	100	21	,	,	PUNCT
ftr-441	100	22	including	include	VERB
ftr-441	100	23	some	some	DET
ftr-441	100	24	amendments	amendment	NOUN
ftr-441	100	25	limiting	limit	VERB
ftr-441	100	26	an	an	DET
ftr-441	100	27	exemption	exemption	NOUN
ftr-441	100	28	to	to	ADP
ftr-441	100	29	small	small	ADJ
ftr-441	100	30	corporations	corporation	NOUN
ftr-441	100	31	,	,	PUNCT
ftr-441	100	32	supported	support	VERB
ftr-441	100	33	their	their	PRON
ftr-441	100	34	position	position	NOUN
ftr-441	100	35	by	by	ADP
ftr-441	100	36	articulating	articulate	VERB
ftr-441	100	37	an	an	DET
ftr-441	100	38	entity	entity	NOUN
ftr-441	100	39	theory	theory	NOUN
ftr-441	100	40	for	for	ADP
ftr-441	100	41	corporations	corporation	NOUN
ftr-441	100	42	.	.	PUNCT
ftr-441	101	1	'2	'2	PROPN
ftr-441	101	2	consistent	consistent	ADJ
ftr-441	101	3	with	with	ADP
ftr-441	101	4	the	the	DET
ftr-441	101	5	statute	statute	NOUN
ftr-441	101	6	and	and	CCONJ
ftr-441	101	7	legislative	legislative	ADJ
ftr-441	101	8	background	background	NOUN
ftr-441	101	9	,	,	PUNCT
ftr-441	101	10	the	the	DET
ftr-441	101	11	regulations	regulation	NOUN
ftr-441	101	12	issued	issue	VERB
ftr-441	101	13	by	by	ADP
ftr-441	101	14	the	the	DET
ftr-441	101	15	treasury	treasury	NOUN
ftr-441	101	16	under	under	ADP
ftr-441	101	17	the	the	DET
ftr-441	101	18	1894	1894	NUM
ftr-441	101	19	act	act	NOUN
ftr-441	101	20	made	make	VERB
ftr-441	101	21	clear	clear	ADJ
ftr-441	101	22	that	that	SCONJ
ftr-441	101	23	the	the	DET
ftr-441	101	24	corporate	corporate	ADJ
ftr-441	101	25	tax	tax	NOUN
ftr-441	101	26	did	do	AUX
ftr-441	101	27	not	not	PART
ftr-441	101	28	apply	apply	VERB
ftr-441	101	29	to	to	ADP
ftr-441	101	30	partnerships	partnership	NOUN
ftr-441	101	31	.	.	PUNCT
ftr-441	102	1	instead	instead	ADV
ftr-441	102	2	,	,	PUNCT
ftr-441	102	3	partnership	partnership	NOUN
ftr-441	102	4	income	income	NOUN
ftr-441	102	5	would	would	AUX
ftr-441	102	6	be	be	AUX
ftr-441	102	7	taxed	tax	VERB
ftr-441	102	8	under	under	ADP
ftr-441	102	9	a	a	DET
ftr-441	102	10	conduit	conduit	NOUN
ftr-441	102	11	system	system	NOUN
ftr-441	102	12	:	:	PUNCT
ftr-441	102	13	partnerships	partnership	NOUN
ftr-441	102	14	,	,	PUNCT
ftr-441	102	15	as	as	ADP
ftr-441	102	16	such	such	ADJ
ftr-441	102	17	,	,	PUNCT
ftr-441	102	18	are	be	AUX
ftr-441	102	19	not	not	PART
ftr-441	102	20	liable	liable	ADJ
ftr-441	102	21	to	to	ADP
ftr-441	102	22	taxation	taxation	NOUN
ftr-441	102	23	of	of	ADP
ftr-441	102	24	firm	firm	ADJ
ftr-441	102	25	or	or	CCONJ
ftr-441	102	26	partnership	partnership	NOUN
ftr-441	102	27	profits	profit	NOUN
ftr-441	102	28	or	or	CCONJ
ftr-441	102	29	income	income	NOUN
ftr-441	102	30	,	,	PUNCT
ftr-441	102	31	but	but	CCONJ
ftr-441	102	32	each	each	DET
ftr-441	102	33	individual	individual	ADJ
ftr-441	102	34	member	member	NOUN
ftr-441	102	35	of	of	ADP
ftr-441	102	36	the	the	DET
ftr-441	102	37	partnership	partnership	NOUN
ftr-441	102	38	shall	shall	AUX
ftr-441	102	39	include	include	VERB
ftr-441	102	40	his	his	PRON
ftr-441	102	41	share	share	NOUN
ftr-441	102	42	of	of	ADP
ftr-441	102	43	the	the	DET
ftr-441	102	44	partnership	partnership	NOUN
ftr-441	102	45	profits	profit	NOUN
ftr-441	102	46	,	,	PUNCT
ftr-441	102	47	gains	gain	NOUN
ftr-441	102	48	,	,	PUNCT
ftr-441	102	49	or	or	CCONJ
ftr-441	102	50	income	income	NOUN
ftr-441	102	51	,	,	PUNCT
ftr-441	102	52	in	in	ADP
ftr-441	102	53	his	his	PRON
ftr-441	102	54	individual	individual	ADJ
ftr-441	102	55	list	list	NOUN
ftr-441	102	56	,	,	PUNCT
ftr-441	102	57	where	where	SCONJ
ftr-441	102	58	he	he	PRON
ftr-441	102	59	is	be	AUX
ftr-441	102	60	required	require	VERB
ftr-441	102	61	by	by	ADP
ftr-441	102	62	law	law	NOUN
ftr-441	102	63	to	to	PART
ftr-441	102	64	make	make	VERB
ftr-441	102	65	return	return	NOUN
ftr-441	102	66	of	of	ADP
ftr-441	102	67	his	his	PRON
ftr-441	102	68	income	income	NOUN
ftr-441	102	69	for	for	ADP
ftr-441	102	70	taxation	taxation	NOUN
ftr-441	102	71	.	.	PUNCT
ftr-441	103	1	'3	'3	VERB
ftr-441	103	2	the	the	DET
ftr-441	103	3	1894	1894	NUM
ftr-441	103	4	income	income	NOUN
ftr-441	103	5	tax	tax	NOUN
ftr-441	103	6	was	be	AUX
ftr-441	103	7	later	later	ADV
ftr-441	103	8	found	find	VERB
ftr-441	103	9	to	to	PART
ftr-441	103	10	be	be	AUX
ftr-441	103	11	unconstitutional	unconstitutional	ADJ
ftr-441	103	12	in	in	ADP
ftr-441	103	13	pollock	pollock	NOUN
ftr-441	103	14	v.	v.	ADP
ftr-441	103	15	farmers	farmers	PROPN
ftr-441	103	16	loan	loan	PROPN
ftr-441	103	17	and	and	CCONJ
ftr-441	103	18	trust	trust	PROPN
ftr-441	103	19	co.	co.	PROPN
ftr-441	103	20	'4	'4	PROPN
ftr-441	103	21	nevertheless	nevertheless	ADV
ftr-441	103	22	,	,	PUNCT
ftr-441	103	23	the	the	DET
ftr-441	103	24	divergent	divergent	ADJ
ftr-441	103	25	tax	tax	NOUN
ftr-441	103	26	treatment	treatment	NOUN
ftr-441	103	27	of	of	ADP
ftr-441	103	28	corporations	corporation	NOUN
ftr-441	103	29	and	and	CCONJ
ftr-441	103	30	partnerships	partnership	NOUN
ftr-441	103	31	,	,	PUNCT
ftr-441	103	32	based	base	VERB
ftr-441	103	33	in	in	ADP
ftr-441	103	34	part	part	NOUN
ftr-441	103	35	on	on	ADP
ftr-441	103	36	the	the	DET
ftr-441	103	37	differing	differ	VERB
ftr-441	103	38	theories	theory	NOUN
ftr-441	103	39	of	of	ADP
ftr-441	103	40	their	their	PRON
ftr-441	103	41	legal	legal	ADJ
ftr-441	103	42	personality	personality	NOUN
ftr-441	103	43	,	,	PUNCT
ftr-441	103	44	was	be	AUX
ftr-441	103	45	established	establish	VERB
ftr-441	103	46	.	.	PUNCT
ftr-441	104	1	the	the	DET
ftr-441	104	2	corporate	corporate	ADJ
ftr-441	104	3	excise	excise	NOUN
ftr-441	104	4	tax	tax	NOUN
ftr-441	104	5	of	of	ADP
ftr-441	104	6	1909	1909	NUM
ftr-441	104	7	,	,	PUNCT
ftr-441	104	8	the	the	DET
ftr-441	104	9	predecessor	predecessor	NOUN
ftr-441	104	10	to	to	ADP
ftr-441	104	11	the	the	DET
ftr-441	104	12	modem	modem	ADJ
ftr-441	104	13	corporate	corporate	ADJ
ftr-441	104	14	income	income	NOUN
ftr-441	104	15	tax	tax	NOUN
ftr-441	104	16	,	,	PUNCT
ftr-441	104	17	imposed	impose	VERB
ftr-441	104	18	a	a	DET
ftr-441	104	19	1	1	NUM
ftr-441	104	20	%	%	NOUN
ftr-441	104	21	tax	tax	NOUN
ftr-441	104	22	on	on	ADP
ftr-441	104	23	net	net	ADJ
ftr-441	104	24	income	income	NOUN
ftr-441	104	25	in	in	ADP
ftr-441	104	26	excess	excess	NOUN
ftr-441	104	27	of	of	ADP
ftr-441	104	28	$	$	SYM
ftr-441	104	29	5,000	5,000	NUM
ftr-441	104	30	.	.	PUNCT
ftr-441	104	31	"	"	PUNCT
ftr-441	105	1	because	because	SCONJ
ftr-441	105	2	of	of	ADP
ftr-441	105	3	constitutional	constitutional	ADJ
ftr-441	105	4	and	and	CCONJ
ftr-441	105	5	other	other	ADJ
ftr-441	105	6	reasons	reason	NOUN
ftr-441	105	7	,	,	PUNCT
ftr-441	105	8	the	the	DET
ftr-441	105	9	tax	tax	NOUN
ftr-441	105	10	was	be	AUX
ftr-441	105	11	explicitly	explicitly	ADV
ftr-441	105	12	limited	limit	VERB
ftr-441	105	13	to	to	ADP
ftr-441	105	14	corporations	corporation	NOUN
ftr-441	105	15	and	and	CCONJ
ftr-441	105	16	associations	association	NOUN
ftr-441	105	17	;	;	PUNCT
ftr-441	105	18	individuals	individual	NOUN
ftr-441	105	19	and	and	CCONJ
ftr-441	105	20	partnerships	partnership	NOUN
ftr-441	105	21	engaged	engage	VERB
ftr-441	105	22	in	in	ADP
ftr-441	105	23	the	the	DET
ftr-441	105	24	same	same	ADJ
ftr-441	105	25	business	business	NOUN
ftr-441	105	26	were	be	AUX
ftr-441	105	27	not	not	PART
ftr-441	105	28	subject	subject	ADJ
ftr-441	105	29	to	to	ADP
ftr-441	105	30	the	the	DET
ftr-441	105	31	tax	tax	NOUN
ftr-441	105	32	.	.	PUNCT
ftr-441	106	1	6	6	NUM
ftr-441	106	2	once	once	ADV
ftr-441	106	3	again	again	ADV
ftr-441	106	4	,	,	PUNCT
ftr-441	106	5	one	one	NUM
ftr-441	106	6	of	of	ADP
ftr-441	106	7	the	the	DET
ftr-441	106	8	justifications	justification	NOUN
ftr-441	106	9	for	for	ADP
ftr-441	106	10	this	this	DET
ftr-441	106	11	treatment	treatment	NOUN
ftr-441	106	12	was	be	AUX
ftr-441	106	13	the	the	DET
ftr-441	106	14	"	"	PUNCT
ftr-441	106	15	entity	entity	NOUN
ftr-441	106	16	"	"	PUNCT
ftr-441	106	17	nature	nature	NOUN
ftr-441	106	18	of	of	ADP
ftr-441	106	19	a	a	DET
ftr-441	106	20	corporation	corporation	NOUN
ftr-441	106	21	.	.	PUNCT
ftr-441	107	1	17	17	NUM
ftr-441	107	2	following	follow	VERB
ftr-441	107	3	passage	passage	NOUN
ftr-441	107	4	of	of	ADP
ftr-441	107	5	the	the	DET
ftr-441	107	6	sixteenth	sixteenth	ADJ
ftr-441	107	7	amendment	amendment	NOUN
ftr-441	107	8	,	,	PUNCT
ftr-441	107	9	subsequent	subsequent	ADJ
ftr-441	107	10	tax	tax	NOUN
ftr-441	107	11	acts	act	NOUN
ftr-441	107	12	continued	continue	VERB
ftr-441	107	13	the	the	DET
ftr-441	107	14	pattern	pattern	NOUN
ftr-441	107	15	of	of	ADP
ftr-441	107	16	taxing	tax	VERB
ftr-441	107	17	corporations	corporation	NOUN
ftr-441	107	18	but	but	CCONJ
ftr-441	107	19	not	not	PART
ftr-441	107	20	partnerships	partnership	NOUN
ftr-441	107	21	as	as	ADP
ftr-441	107	22	separate	separate	ADJ
ftr-441	107	23	entities	entity	NOUN
ftr-441	107	24	.	.	PUNCT
ftr-441	108	1	the	the	DET
ftr-441	108	2	only	only	ADJ
ftr-441	108	3	difference	difference	NOUN
ftr-441	108	4	was	be	AUX
ftr-441	108	5	that	that	SCONJ
ftr-441	108	6	with	with	ADP
ftr-441	108	7	the	the	DET
ftr-441	108	8	reintroduction	reintroduction	NOUN
ftr-441	108	9	of	of	ADP
ftr-441	108	10	an	an	DET
ftr-441	108	11	individual	individual	ADJ
ftr-441	108	12	income	income	NOUN
ftr-441	108	13	tax	tax	NOUN
ftr-441	108	14	in	in	ADP
ftr-441	108	15	1913	1913	NUM
ftr-441	108	16	,	,	PUNCT
ftr-441	108	17	congress	congress	PROPN
ftr-441	108	18	provided	provide	VERB
ftr-441	108	19	for	for	ADP
ftr-441	108	20	various	various	ADJ
ftr-441	108	21	schemes	scheme	NOUN
ftr-441	108	22	to	to	PART
ftr-441	108	23	implement	implement	VERB
ftr-441	108	24	at	at	ADP
ftr-441	108	25	least	least	ADJ
ftr-441	108	26	partial	partial	ADJ
ftr-441	108	27	integration	integration	NOUN
ftr-441	108	28	of	of	ADP
ftr-441	108	29	the	the	DET
ftr-441	108	30	corporate	corporate	ADJ
ftr-441	108	31	and	and	CCONJ
ftr-441	108	32	individual	individual	ADJ
ftr-441	108	33	income	income	NOUN
ftr-441	108	34	taxes	taxis	NOUN
ftr-441	108	35	.	.	PUNCT
ftr-441	109	1	integration	integration	NOUN
ftr-441	109	2	efforts	effort	NOUN
ftr-441	109	3	were	be	AUX
ftr-441	109	4	eventually	eventually	ADV
ftr-441	109	5	ended	end	VERB
ftr-441	109	6	in	in	ADP
ftr-441	109	7	1936	1936	NUM
ftr-441	109	8	.	.	PUNCT
ftr-441	110	1	12	12	NUM
ftr-441	110	2	.	.	PUNCT
ftr-441	111	1	see	see	VERB
ftr-441	111	2	kornhauser	kornhauser	NOUN
ftr-441	111	3	,	,	PUNCT
ftr-441	111	4	supra	supra	PROPN
ftr-441	111	5	note	note	NOUN
ftr-441	111	6	3	3	NUM
ftr-441	111	7	,	,	PUNCT
ftr-441	111	8	at	at	ADP
ftr-441	111	9	87	87	NUM
ftr-441	111	10	-	-	SYM
ftr-441	111	11	90	90	NUM
ftr-441	111	12	.	.	PUNCT
ftr-441	112	1	there	there	PRON
ftr-441	112	2	was	be	VERB
ftr-441	112	3	also	also	ADV
ftr-441	112	4	concern	concern	NOUN
ftr-441	112	5	that	that	SCONJ
ftr-441	112	6	corporations	corporation	NOUN
ftr-441	112	7	,	,	PUNCT
ftr-441	112	8	but	but	CCONJ
ftr-441	112	9	apparently	apparently	ADV
ftr-441	112	10	not	not	PART
ftr-441	112	11	other	other	ADJ
ftr-441	112	12	forms	form	NOUN
ftr-441	112	13	of	of	ADP
ftr-441	112	14	business	business	NOUN
ftr-441	112	15	organizations	organization	NOUN
ftr-441	112	16	,	,	PUNCT
ftr-441	112	17	were	be	AUX
ftr-441	112	18	not	not	PART
ftr-441	112	19	paying	pay	VERB
ftr-441	112	20	their	their	PRON
ftr-441	112	21	proper	proper	ADJ
ftr-441	112	22	share	share	NOUN
ftr-441	112	23	of	of	ADP
ftr-441	112	24	taxes	taxis	NOUN
ftr-441	112	25	.	.	PUNCT
ftr-441	113	1	see	see	VERB
ftr-441	113	2	hobbs	hobbs	PROPN
ftr-441	113	3	,	,	PUNCT
ftr-441	113	4	supra	supra	PROPN
ftr-441	113	5	note	note	PROPN
ftr-441	113	6	8	8	NUM
ftr-441	113	7	,	,	PUNCT
ftr-441	113	8	at	at	ADP
ftr-441	113	9	445	445	NUM
ftr-441	113	10	-	-	SYM
ftr-441	113	11	46	46	NUM
ftr-441	113	12	.	.	NOUN
ftr-441	113	13	13	13	NUM
ftr-441	113	14	.	.	PUNCT
ftr-441	114	1	regulations	regulation	NOUN
ftr-441	114	2	relative	relative	ADJ
ftr-441	114	3	to	to	ADP
ftr-441	114	4	the	the	DET
ftr-441	114	5	assessment	assessment	NOUN
ftr-441	114	6	,	,	PUNCT
ftr-441	114	7	levy	levy	NOUN
ftr-441	114	8	and	and	CCONJ
ftr-441	114	9	collection	collection	NOUN
ftr-441	114	10	of	of	ADP
ftr-441	114	11	the	the	DET
ftr-441	114	12	tax	tax	NOUN
ftr-441	114	13	on	on	ADP
ftr-441	114	14	incomes	income	NOUN
ftr-441	114	15	under	under	ADP
ftr-441	114	16	the	the	DET
ftr-441	114	17	provisions	provision	NOUN
ftr-441	114	18	of	of	ADP
ftr-441	114	19	the	the	DET
ftr-441	114	20	act	act	NOUN
ftr-441	114	21	of	of	ADP
ftr-441	114	22	congress	congress	PROPN
ftr-441	114	23	in	in	ADP
ftr-441	114	24	effect	effect	NOUN
ftr-441	114	25	august	august	PROPN
ftr-441	114	26	28	28	NUM
ftr-441	114	27	,	,	PUNCT
ftr-441	114	28	1894	1894	NUM
ftr-441	114	29	(	(	PUNCT
ftr-441	114	30	december	december	PROPN
ftr-441	114	31	13	13	NUM
ftr-441	114	32	,	,	PUNCT
ftr-441	114	33	1894	1894	NUM
ftr-441	114	34	)	)	PUNCT
ftr-441	114	35	,	,	PUNCT
ftr-441	114	36	reproduced	reproduce	VERB
ftr-441	114	37	in	in	ADP
ftr-441	114	38	roger	roger	PROPN
ftr-441	114	39	foster	foster	PROPN
ftr-441	114	40	&	&	CCONJ
ftr-441	114	41	everett	everett	PROPN
ftr-441	114	42	v.	v.	PROPN
ftr-441	114	43	abbot	abbot	PROPN
ftr-441	114	44	,	,	PUNCT
ftr-441	114	45	a	a	DET
ftr-441	114	46	treatise	treatise	NOUN
ftr-441	114	47	on	on	ADP
ftr-441	114	48	the	the	DET
ftr-441	114	49	federal	federal	ADJ
ftr-441	114	50	income	income	NOUN
ftr-441	114	51	tax	tax	NOUN
ftr-441	114	52	under	under	ADP
ftr-441	114	53	the	the	DET
ftr-441	114	54	act	act	NOUN
ftr-441	114	55	of	of	ADP
ftr-441	114	56	1894	1894	NUM
ftr-441	114	57	484	484	NUM
ftr-441	114	58	(	(	PUNCT
ftr-441	114	59	1895	1895	NUM
ftr-441	114	60	)	)	PUNCT
ftr-441	114	61	.	.	PUNCT
ftr-441	115	1	14	14	NUM
ftr-441	115	2	.	.	X
ftr-441	116	1	157	157	NUM
ftr-441	116	2	u.s	u.s	PROPN
ftr-441	116	3	.	.	PROPN
ftr-441	116	4	429	429	NUM
ftr-441	116	5	(	(	PUNCT
ftr-441	116	6	1895	1895	NUM
ftr-441	116	7	)	)	PUNCT
ftr-441	116	8	,	,	PUNCT
ftr-441	116	9	reh'g	reh'g	NOUN
ftr-441	116	10	granted	grant	VERB
ftr-441	116	11	,	,	PUNCT
ftr-441	116	12	158	158	NUM
ftr-441	116	13	u.s	u.s	PROPN
ftr-441	116	14	.	.	PROPN
ftr-441	116	15	601	601	NUM
ftr-441	116	16	(	(	PUNCT
ftr-441	116	17	1895	1895	NUM
ftr-441	116	18	)	)	PUNCT
ftr-441	116	19	.	.	PUNCT
ftr-441	117	1	15	15	NUM
ftr-441	117	2	.	.	X
ftr-441	117	3	act	act	NOUN
ftr-441	117	4	of	of	ADP
ftr-441	117	5	aug	aug	PROPN
ftr-441	117	6	.	.	PROPN
ftr-441	117	7	5	5	NUM
ftr-441	117	8	,	,	PUNCT
ftr-441	117	9	1909	1909	NUM
ftr-441	117	10	,	,	PUNCT
ftr-441	117	11	cl	cl	NOUN
ftr-441	117	12	.	.	NOUN
ftr-441	117	13	6	6	NUM
ftr-441	117	14	,	,	PUNCT
ftr-441	117	15	§	§	PROPN
ftr-441	117	16	38	38	NUM
ftr-441	117	17	,	,	PUNCT
ftr-441	117	18	36	36	NUM
ftr-441	117	19	stat	stat	NOUN
ftr-441	117	20	.	.	PUNCT
ftr-441	118	1	11	11	NUM
ftr-441	118	2	,	,	PUNCT
ftr-441	118	3	112	112	NUM
ftr-441	118	4	(	(	PUNCT
ftr-441	118	5	1909	1909	NUM
ftr-441	118	6	)	)	PUNCT
ftr-441	118	7	.	.	PUNCT
ftr-441	119	1	16	16	NUM
ftr-441	119	2	.	.	PUNCT
ftr-441	120	1	see	see	VERB
ftr-441	120	2	i	i	PRON
ftr-441	120	3	d.	d.	PROPN
ftr-441	120	4	pollock	pollock	PROPN
ftr-441	120	5	had	have	AUX
ftr-441	120	6	placed	place	VERB
ftr-441	120	7	into	into	ADP
ftr-441	120	8	question	question	NOUN
ftr-441	120	9	whether	whether	SCONJ
ftr-441	120	10	this	this	DET
ftr-441	120	11	pre	pre	ADJ
ftr-441	120	12	-	-	ADJ
ftr-441	120	13	sixteenth	sixteenth	ADJ
ftr-441	120	14	amendment	amendment	NOUN
ftr-441	120	15	tax	tax	NOUN
ftr-441	120	16	would	would	AUX
ftr-441	120	17	be	be	AUX
ftr-441	120	18	constitutional	constitutional	ADJ
ftr-441	120	19	if	if	SCONJ
ftr-441	120	20	applied	apply	VERB
ftr-441	120	21	to	to	ADP
ftr-441	120	22	individuals	individual	NOUN
ftr-441	120	23	.	.	PUNCT
ftr-441	121	1	another	another	DET
ftr-441	121	2	reason	reason	NOUN
ftr-441	121	3	for	for	ADP
ftr-441	121	4	limiting	limit	VERB
ftr-441	121	5	the	the	DET
ftr-441	121	6	tax	tax	NOUN
ftr-441	121	7	to	to	ADP
ftr-441	121	8	corporations	corporation	NOUN
ftr-441	121	9	was	be	AUX
ftr-441	121	10	a	a	DET
ftr-441	121	11	desire	desire	NOUN
ftr-441	121	12	to	to	PART
ftr-441	121	13	regulate	regulate	VERB
ftr-441	121	14	businesses	business	NOUN
ftr-441	121	15	organized	organize	VERB
ftr-441	121	16	in	in	ADP
ftr-441	121	17	corporate	corporate	ADJ
ftr-441	121	18	form	form	NOUN
ftr-441	121	19	.	.	PUNCT
ftr-441	122	1	see	see	VERB
ftr-441	122	2	kornhauser	kornhauser	NOUN
ftr-441	122	3	.	.	PUNCT
ftr-441	123	1	supra	supra	PROPN
ftr-441	123	2	note	note	PROPN
ftr-441	123	3	3	3	NUM
ftr-441	123	4	,	,	PUNCT
ftr-441	123	5	at	at	ADP
ftr-441	123	6	99	99	NUM
ftr-441	123	7	.	.	PUNCT
ftr-441	123	8	17	17	NUM
ftr-441	123	9	.	.	PUNCT
ftr-441	124	1	see	see	VERB
ftr-441	124	2	kornhauser	kornhauser	NOUN
ftr-441	124	3	,	,	PUNCT
ftr-441	124	4	supra	supra	PROPN
ftr-441	124	5	note	note	NOUN
ftr-441	124	6	3	3	NUM
ftr-441	124	7	,	,	PUNCT
ftr-441	124	8	at	at	ADP
ftr-441	124	9	102	102	NUM
ftr-441	124	10	-	-	SYM
ftr-441	124	11	05	05	NUM
ftr-441	124	12	.	.	PROPN
ftr-441	124	13	19991	19991	NUM
ftr-441	125	1	florida	florida	PROPN
ftr-441	125	2	tax	tax	NOUN
ftr-441	125	3	review	review	NOUN
ftr-441	125	4	in	in	ADP
ftr-441	125	5	summary	summary	NOUN
ftr-441	125	6	,	,	PUNCT
ftr-441	125	7	the	the	DET
ftr-441	125	8	separate	separate	ADJ
ftr-441	125	9	entity	entity	NOUN
ftr-441	125	10	taxation	taxation	NOUN
ftr-441	125	11	scheme	scheme	NOUN
ftr-441	125	12	of	of	ADP
ftr-441	125	13	subchapter	subchapter	NOUN
ftr-441	125	14	c	c	NOUN
ftr-441	125	15	and	and	CCONJ
ftr-441	125	16	the	the	DET
ftr-441	125	17	conduit	conduit	NOUN
ftr-441	125	18	taxation	taxation	NOUN
ftr-441	125	19	approach	approach	NOUN
ftr-441	125	20	of	of	ADP
ftr-441	125	21	subchapter	subchapter	NOUN
ftr-441	125	22	k	k	PROPN
ftr-441	125	23	can	can	AUX
ftr-441	125	24	be	be	AUX
ftr-441	125	25	traced	trace	VERB
ftr-441	125	26	to	to	ADP
ftr-441	125	27	some	some	DET
ftr-441	125	28	extent	extent	NOUN
ftr-441	125	29	to	to	ADP
ftr-441	125	30	theories	theory	NOUN
ftr-441	125	31	relating	relate	VERB
ftr-441	125	32	to	to	ADP
ftr-441	125	33	the	the	DET
ftr-441	125	34	legal	legal	ADJ
ftr-441	125	35	personality	personality	NOUN
ftr-441	125	36	of	of	ADP
ftr-441	125	37	corporations	corporation	NOUN
ftr-441	125	38	and	and	CCONJ
ftr-441	125	39	partnerships	partnership	NOUN
ftr-441	125	40	.	.	PUNCT
ftr-441	126	1	corporations	corporation	NOUN
ftr-441	126	2	,	,	PUNCT
ftr-441	126	3	as	as	SCONJ
ftr-441	126	4	entities	entity	NOUN
ftr-441	126	5	,	,	PUNCT
ftr-441	126	6	were	be	AUX
ftr-441	126	7	taxed	tax	VERB
ftr-441	126	8	independently	independently	ADV
ftr-441	126	9	from	from	ADP
ftr-441	126	10	owners	owner	NOUN
ftr-441	126	11	;	;	PUNCT
ftr-441	126	12	partnerships	partnership	NOUN
ftr-441	126	13	,	,	PUNCT
ftr-441	126	14	as	as	ADP
ftr-441	126	15	aggregates	aggregate	NOUN
ftr-441	126	16	,	,	PUNCT
ftr-441	126	17	were	be	AUX
ftr-441	126	18	not	not	PART
ftr-441	126	19	.	.	PUNCT
ftr-441	127	1	and	and	CCONJ
ftr-441	127	2	important	important	ADJ
ftr-441	127	3	in	in	ADP
ftr-441	127	4	deciding	decide	VERB
ftr-441	127	5	whether	whether	SCONJ
ftr-441	127	6	a	a	DET
ftr-441	127	7	business	business	NOUN
ftr-441	127	8	organization	organization	NOUN
ftr-441	127	9	constitutes	constitute	VERB
ftr-441	127	10	an	an	DET
ftr-441	127	11	entity	entity	NOUN
ftr-441	127	12	or	or	CCONJ
ftr-441	127	13	an	an	DET
ftr-441	127	14	aggregate	aggregate	NOUN
ftr-441	127	15	were	be	AUX
ftr-441	127	16	the	the	DET
ftr-441	127	17	characteristics	characteristic	NOUN
ftr-441	127	18	of	of	ADP
ftr-441	127	19	the	the	DET
ftr-441	127	20	organization	organization	NOUN
ftr-441	127	21	such	such	ADJ
ftr-441	127	22	as	as	ADP
ftr-441	127	23	centralized	centralized	ADJ
ftr-441	127	24	management	management	NOUN
ftr-441	127	25	,	,	PUNCT
ftr-441	127	26	continuous	continuous	ADJ
ftr-441	127	27	life	life	NOUN
ftr-441	127	28	,	,	PUNCT
ftr-441	127	29	free	free	ADJ
ftr-441	127	30	transferability	transferability	NOUN
ftr-441	127	31	of	of	ADP
ftr-441	127	32	ownership	ownership	NOUN
ftr-441	127	33	interest	interest	NOUN
ftr-441	127	34	,	,	PUNCT
ftr-441	127	35	and	and	CCONJ
ftr-441	127	36	limited	limited	ADJ
ftr-441	127	37	liability	liability	NOUN
ftr-441	127	38	.	.	PUNCT
ftr-441	128	1	other	other	ADJ
ftr-441	128	2	differences	difference	NOUN
ftr-441	128	3	in	in	ADP
ftr-441	128	4	the	the	DET
ftr-441	128	5	substantive	substantive	ADJ
ftr-441	128	6	rules	rule	NOUN
ftr-441	128	7	of	of	ADP
ftr-441	128	8	subchapters	subchapter	NOUN
ftr-441	128	9	c	c	PROPN
ftr-441	128	10	and	and	CCONJ
ftr-441	128	11	k	k	PROPN
ftr-441	128	12	bear	bear	VERB
ftr-441	128	13	out	out	ADP
ftr-441	128	14	this	this	DET
ftr-441	128	15	entity	entity	NOUN
ftr-441	128	16	/	/	SYM
ftr-441	128	17	aggregate	aggregate	ADJ
ftr-441	128	18	distinction	distinction	NOUN
ftr-441	128	19	.	.	PUNCT
ftr-441	129	1	for	for	ADP
ftr-441	129	2	example	example	NOUN
ftr-441	129	3	,	,	PUNCT
ftr-441	129	4	contributions	contribution	NOUN
ftr-441	129	5	to	to	ADP
ftr-441	129	6	and	and	CCONJ
ftr-441	129	7	distributions	distribution	NOUN
ftr-441	129	8	from	from	ADP
ftr-441	129	9	a	a	DET
ftr-441	129	10	corporation	corporation	NOUN
ftr-441	129	11	are	be	AUX
ftr-441	129	12	more	more	ADV
ftr-441	129	13	likely	likely	ADJ
ftr-441	129	14	to	to	PART
ftr-441	129	15	be	be	AUX
ftr-441	129	16	taxable	taxable	ADJ
ftr-441	129	17	than	than	ADP
ftr-441	129	18	those	those	PRON
ftr-441	129	19	to	to	ADP
ftr-441	129	20	and	and	CCONJ
ftr-441	129	21	from	from	ADP
ftr-441	129	22	a	a	DET
ftr-441	129	23	partnership	partnership	NOUN
ftr-441	129	24	.	.	PUNCT
ftr-441	129	25	"	"	PUNCT
ftr-441	130	1	these	these	DET
ftr-441	130	2	results	result	VERB
ftr-441	130	3	naturally	naturally	ADV
ftr-441	130	4	flow	flow	VERB
ftr-441	130	5	from	from	ADP
ftr-441	130	6	a	a	DET
ftr-441	130	7	conception	conception	NOUN
ftr-441	130	8	of	of	ADP
ftr-441	130	9	a	a	DET
ftr-441	130	10	corporation	corporation	NOUN
ftr-441	130	11	,	,	PUNCT
ftr-441	130	12	but	but	CCONJ
ftr-441	130	13	not	not	PART
ftr-441	130	14	a	a	DET
ftr-441	130	15	partnership	partnership	NOUN
ftr-441	130	16	,	,	PUNCT
ftr-441	130	17	as	as	ADP
ftr-441	130	18	an	an	DET
ftr-441	130	19	entity	entity	NOUN
ftr-441	130	20	separate	separate	ADJ
ftr-441	130	21	and	and	CCONJ
ftr-441	130	22	distinct	distinct	ADJ
ftr-441	130	23	from	from	ADP
ftr-441	130	24	its	its	PRON
ftr-441	130	25	owners	owner	NOUN
ftr-441	130	26	.	.	PUNCT
ftr-441	131	1	similarly	similarly	ADV
ftr-441	131	2	,	,	PUNCT
ftr-441	131	3	liabilities	liability	NOUN
ftr-441	131	4	incurred	incur	VERB
ftr-441	131	5	by	by	ADP
ftr-441	131	6	a	a	DET
ftr-441	131	7	partnership	partnership	NOUN
ftr-441	131	8	,	,	PUNCT
ftr-441	131	9	but	but	CCONJ
ftr-441	131	10	not	not	PART
ftr-441	131	11	a	a	DET
ftr-441	131	12	corporation	corporation	NOUN
ftr-441	131	13	,	,	PUNCT
ftr-441	131	14	are	be	AUX
ftr-441	131	15	passed	pass	VERB
ftr-441	131	16	through	through	ADP
ftr-441	131	17	and	and	CCONJ
ftr-441	131	18	taken	take	VERB
ftr-441	131	19	into	into	ADP
ftr-441	131	20	account	account	NOUN
ftr-441	131	21	in	in	ADP
ftr-441	131	22	determining	determine	VERB
ftr-441	131	23	the	the	DET
ftr-441	131	24	tax	tax	NOUN
ftr-441	131	25	consequences	consequence	NOUN
ftr-441	131	26	of	of	ADP
ftr-441	131	27	the	the	DET
ftr-441	131	28	owners	owner	NOUN
ftr-441	131	29	of	of	ADP
ftr-441	131	30	the	the	DET
ftr-441	131	31	firm	firm	NOUN
ftr-441	131	32	.	.	PUNCT
ftr-441	132	1	9	9	NUM
ftr-441	132	2	subchapter	subchapter	NOUN
ftr-441	132	3	s	s	PROPN
ftr-441	132	4	,	,	PUNCT
ftr-441	132	5	enacted	enact	VERB
ftr-441	132	6	in	in	ADP
ftr-441	132	7	1958	1958	NUM
ftr-441	132	8	and	and	CCONJ
ftr-441	132	9	substantially	substantially	ADV
ftr-441	132	10	revised	revise	VERB
ftr-441	132	11	in	in	ADP
ftr-441	132	12	1982	1982	NUM
ftr-441	132	13	,	,	PUNCT
ftr-441	132	14	constitutes	constitute	VERB
ftr-441	132	15	a	a	DET
ftr-441	132	16	middle	middle	ADJ
ftr-441	132	17	ground	ground	NOUN
ftr-441	132	18	between	between	ADP
ftr-441	132	19	subchapters	subchapter	NOUN
ftr-441	132	20	c	c	PROPN
ftr-441	132	21	and	and	CCONJ
ftr-441	132	22	k.	k.	PROPN
ftr-441	132	23	it	it	PRON
ftr-441	132	24	provides	provide	VERB
ftr-441	132	25	a	a	DET
ftr-441	132	26	conduit	conduit	NOUN
ftr-441	132	27	form	form	NOUN
ftr-441	132	28	of	of	ADP
ftr-441	132	29	taxation	taxation	NOUN
ftr-441	132	30	for	for	ADP
ftr-441	132	31	certain	certain	ADJ
ftr-441	132	32	businesses	business	NOUN
ftr-441	132	33	organized	organize	VERB
ftr-441	132	34	in	in	ADP
ftr-441	132	35	corporate	corporate	ADJ
ftr-441	132	36	form.2	form.2	NOUN
ftr-441	132	37	"	"	PUNCT
ftr-441	132	38	nevertheless	nevertheless	ADV
ftr-441	132	39	,	,	PUNCT
ftr-441	132	40	perhaps	perhaps	ADV
ftr-441	132	41	because	because	SCONJ
ftr-441	132	42	of	of	ADP
ftr-441	132	43	its	its	PRON
ftr-441	132	44	close	close	ADJ
ftr-441	132	45	relationship	relationship	NOUN
ftr-441	132	46	to	to	ADP
ftr-441	132	47	subchapter	subchapter	NOUN
ftr-441	132	48	c	c	NOUN
ftr-441	132	49	(	(	PUNCT
ftr-441	132	50	a	a	DET
ftr-441	132	51	given	give	VERB
ftr-441	132	52	business	business	NOUN
ftr-441	132	53	may	may	AUX
ftr-441	132	54	move	move	VERB
ftr-441	132	55	easily	easily	ADV
ftr-441	132	56	between	between	ADP
ftr-441	132	57	the	the	DET
ftr-441	132	58	c	c	PROPN
ftr-441	132	59	world	world	NOUN
ftr-441	132	60	and	and	CCONJ
ftr-441	132	61	the	the	DET
ftr-441	132	62	s	s	NOUN
ftr-441	132	63	world	world	NOUN
ftr-441	132	64	)	)	PUNCT
ftr-441	132	65	and	and	CCONJ
ftr-441	132	66	because	because	SCONJ
ftr-441	132	67	it	it	PRON
ftr-441	132	68	has	have	AUX
ftr-441	132	69	been	be	AUX
ftr-441	132	70	applicable	applicable	ADJ
ftr-441	132	71	only	only	ADV
ftr-441	132	72	to	to	ADP
ftr-441	132	73	corporations	corporation	NOUN
ftr-441	132	74	,	,	PUNCT
ftr-441	132	75	subchapter	subchapter	NOUN
ftr-441	132	76	s	s	PART
ftr-441	132	77	retains	retain	VERB
ftr-441	132	78	many	many	ADJ
ftr-441	132	79	"	"	PUNCT
ftr-441	132	80	entity	entity	NOUN
ftr-441	132	81	"	"	PUNCT
ftr-441	132	82	tax	tax	NOUN
ftr-441	132	83	characteristics	characteristic	NOUN
ftr-441	132	84	.	.	PUNCT
ftr-441	133	1	probably	probably	ADV
ftr-441	133	2	the	the	DET
ftr-441	133	3	most	most	ADV
ftr-441	133	4	important	important	ADJ
ftr-441	133	5	is	be	AUX
ftr-441	133	6	the	the	DET
ftr-441	133	7	refusal	refusal	NOUN
ftr-441	133	8	to	to	PART
ftr-441	133	9	permit	permit	VERB
ftr-441	133	10	corporate	corporate	ADJ
ftr-441	133	11	-	-	PUNCT
ftr-441	133	12	level	level	NOUN
ftr-441	133	13	debt	debt	NOUN
ftr-441	133	14	to	to	PART
ftr-441	133	15	pass	pass	VERB
ftr-441	133	16	through	through	ADP
ftr-441	133	17	to	to	ADP
ftr-441	133	18	the	the	DET
ftr-441	133	19	shareholders	shareholder	NOUN
ftr-441	133	20	of	of	ADP
ftr-441	133	21	an	an	DET
ftr-441	133	22	s	s	NOUN
ftr-441	133	23	corporation	corporation	NOUN
ftr-441	133	24	for	for	ADP
ftr-441	133	25	income	income	NOUN
ftr-441	133	26	tax	tax	NOUN
ftr-441	133	27	purposes.2	purposes.2	PROPN
ftr-441	133	28	'	'	PUNCT
ftr-441	133	29	in	in	ADP
ftr-441	133	30	addition	addition	NOUN
ftr-441	133	31	,	,	PUNCT
ftr-441	133	32	the	the	DET
ftr-441	133	33	contribution	contribution	NOUN
ftr-441	133	34	and	and	CCONJ
ftr-441	133	35	distribution	distribution	NOUN
ftr-441	133	36	rules	rule	NOUN
ftr-441	133	37	for	for	ADP
ftr-441	133	38	s	s	NOUN
ftr-441	133	39	corporations	corporation	NOUN
ftr-441	133	40	follow	follow	VERB
ftr-441	133	41	the	the	DET
ftr-441	133	42	subchapter	subchapter	NOUN
ftr-441	133	43	c	c	NOUN
ftr-441	133	44	provisions	provision	NOUN
ftr-441	133	45	more	more	ADV
ftr-441	133	46	closely	closely	ADV
ftr-441	133	47	than	than	ADP
ftr-441	133	48	their	their	PRON
ftr-441	133	49	subchapter	subchapter	NOUN
ftr-441	133	50	k	k	PROPN
ftr-441	133	51	counterparts.22	counterparts.22	NOUN
ftr-441	133	52	furthermore	furthermore	ADV
ftr-441	133	53	,	,	PUNCT
ftr-441	133	54	unlike	unlike	ADP
ftr-441	133	55	the	the	DET
ftr-441	133	56	section	section	NOUN
ftr-441	133	57	754	754	NUM
ftr-441	133	58	election	election	NOUN
ftr-441	133	59	in	in	ADP
ftr-441	133	60	subchapter	subchapter	NOUN
ftr-441	133	61	k	k	NOUN
ftr-441	133	62	,	,	PUNCT
ftr-441	133	63	there	there	PRON
ftr-441	133	64	is	be	VERB
ftr-441	133	65	no	no	DET
ftr-441	133	66	mechanism	mechanism	NOUN
ftr-441	133	67	in	in	ADP
ftr-441	133	68	subchapter	subchapter	NOUN
ftr-441	133	69	s	s	PRON
ftr-441	133	70	for	for	ADP
ftr-441	133	71	adjusting	adjust	VERB
ftr-441	133	72	the	the	DET
ftr-441	133	73	inside	inside	ADJ
ftr-441	133	74	basis	basis	NOUN
ftr-441	133	75	of	of	ADP
ftr-441	133	76	a	a	DET
ftr-441	133	77	firm	firm	NOUN
ftr-441	133	78	's	's	PART
ftr-441	133	79	assets	asset	NOUN
ftr-441	133	80	upon	upon	SCONJ
ftr-441	133	81	the	the	DET
ftr-441	133	82	death	death	NOUN
ftr-441	133	83	of	of	ADP
ftr-441	133	84	an	an	DET
ftr-441	133	85	owner	owner	NOUN
ftr-441	133	86	,	,	PUNCT
ftr-441	133	87	a	a	DET
ftr-441	133	88	transfer	transfer	NOUN
ftr-441	133	89	of	of	ADP
ftr-441	133	90	ownership	ownership	NOUN
ftr-441	133	91	interests	interest	NOUN
ftr-441	133	92	,	,	PUNCT
ftr-441	133	93	or	or	CCONJ
ftr-441	133	94	a	a	DET
ftr-441	133	95	distribution	distribution	NOUN
ftr-441	133	96	from	from	ADP
ftr-441	133	97	the	the	DET
ftr-441	133	98	firm	firm	NOUN
ftr-441	133	99	.	.	PUNCT
ftr-441	134	1	finally	finally	ADV
ftr-441	134	2	,	,	PUNCT
ftr-441	134	3	s	s	VERB
ftr-441	134	4	corporations	corporation	NOUN
ftr-441	134	5	,	,	PUNCT
ftr-441	134	6	but	but	CCONJ
ftr-441	134	7	not	not	PART
ftr-441	134	8	subchapter	subchapter	NOUN
ftr-441	134	9	k	k	PROPN
ftr-441	134	10	firms	firm	NOUN
ftr-441	134	11	,	,	PUNCT
ftr-441	134	12	can	can	AUX
ftr-441	134	13	participate	participate	VERB
ftr-441	134	14	in	in	ADP
ftr-441	134	15	a	a	DET
ftr-441	134	16	tax	tax	NOUN
ftr-441	134	17	-	-	PUNCT
ftr-441	134	18	free	free	ADJ
ftr-441	134	19	reorganization	reorganization	NOUN
ftr-441	134	20	with	with	ADP
ftr-441	134	21	a	a	DET
ftr-441	134	22	c	c	PROPN
ftr-441	134	23	corporation.3	corporation.3	PROPN
ftr-441	134	24	18	18	NUM
ftr-441	134	25	.	.	PUNCT
ftr-441	134	26	compare	compare	VERB
ftr-441	134	27	irc	irc	PROPN
ftr-441	134	28	§	§	PROPN
ftr-441	134	29	351	351	NUM
ftr-441	134	30	with	with	ADP
ftr-441	134	31	§	§	PROPN
ftr-441	134	32	721	721	NUM
ftr-441	134	33	and	and	CCONJ
ftr-441	134	34	§	§	PROPN
ftr-441	134	35	§	§	PROPN
ftr-441	134	36	301	301	NUM
ftr-441	134	37	,	,	PUNCT
ftr-441	134	38	302	302	NUM
ftr-441	134	39	,	,	PUNCT
ftr-441	134	40	331	331	NUM
ftr-441	134	41	,	,	PUNCT
ftr-441	134	42	311	311	NUM
ftr-441	134	43	,	,	PUNCT
ftr-441	134	44	and	and	CCONJ
ftr-441	134	45	336	336	NUM
ftr-441	134	46	with	with	ADP
ftr-441	134	47	§	§	PROPN
ftr-441	134	48	§	§	NOUN
ftr-441	134	49	731	731	NUM
ftr-441	134	50	,	,	PUNCT
ftr-441	134	51	704(c)(1)(b	704(c)(1)(b	NOUN
ftr-441	134	52	)	)	PUNCT
ftr-441	134	53	,	,	PUNCT
ftr-441	134	54	and	and	CCONJ
ftr-441	134	55	737	737	NUM
ftr-441	134	56	.	.	X
ftr-441	134	57	19	19	NUM
ftr-441	134	58	.	.	PUNCT
ftr-441	135	1	see	see	VERB
ftr-441	135	2	irc	irc	PROPN
ftr-441	135	3	§	§	PROPN
ftr-441	135	4	752	752	NUM
ftr-441	135	5	.	.	PUNCT
ftr-441	136	1	20	20	NUM
ftr-441	136	2	.	.	PUNCT
ftr-441	137	1	former	former	ADJ
ftr-441	137	2	subchapter	subchapter	NOUN
ftr-441	137	3	r	r	NOUN
ftr-441	137	4	,	,	PUNCT
ftr-441	137	5	enacted	enact	VERB
ftr-441	137	6	in	in	ADP
ftr-441	137	7	1954	1954	NUM
ftr-441	137	8	and	and	CCONJ
ftr-441	137	9	repealed	repeal	VERB
ftr-441	137	10	in	in	ADP
ftr-441	137	11	1966	1966	NUM
ftr-441	137	12	,	,	PUNCT
ftr-441	137	13	did	do	AUX
ftr-441	137	14	the	the	DET
ftr-441	137	15	opposite	opposite	NOUN
ftr-441	137	16	of	of	ADP
ftr-441	137	17	subchapter	subchapter	NOUN
ftr-441	137	18	s.	s.	PROPN
ftr-441	137	19	it	it	PRON
ftr-441	137	20	allowed	allow	VERB
ftr-441	137	21	certain	certain	ADJ
ftr-441	137	22	unincorporated	unincorporated	ADJ
ftr-441	137	23	businesses	business	NOUN
ftr-441	137	24	to	to	PART
ftr-441	137	25	elect	elect	VERB
ftr-441	137	26	to	to	PART
ftr-441	137	27	be	be	AUX
ftr-441	137	28	taxed	tax	VERB
ftr-441	137	29	as	as	ADP
ftr-441	137	30	entities	entity	NOUN
ftr-441	137	31	under	under	ADP
ftr-441	137	32	subchapter	subchapter	NOUN
ftr-441	137	33	c.	c.	NOUN
ftr-441	137	34	21	21	NUM
ftr-441	137	35	.	.	PUNCT
ftr-441	138	1	see	see	VERB
ftr-441	138	2	irc	irc	PROPN
ftr-441	138	3	§	§	PROPN
ftr-441	138	4	1366(d	1366(d	PROPN
ftr-441	138	5	)	)	PUNCT
ftr-441	138	6	.	.	PUNCT
ftr-441	139	1	22	22	NUM
ftr-441	139	2	.	.	PUNCT
ftr-441	139	3	see	see	VERB
ftr-441	139	4	irc	irc	PROPN
ftr-441	139	5	§	§	PROPN
ftr-441	139	6	§	§	PROPN
ftr-441	139	7	351	351	NUM
ftr-441	139	8	,	,	PUNCT
ftr-441	139	9	311	311	NUM
ftr-441	139	10	,	,	PUNCT
ftr-441	139	11	336	336	NUM
ftr-441	139	12	,	,	PUNCT
ftr-441	139	13	1368	1368	NUM
ftr-441	139	14	,	,	PUNCT
ftr-441	139	15	302	302	NUM
ftr-441	139	16	,	,	PUNCT
ftr-441	139	17	and	and	CCONJ
ftr-441	139	18	331	331	NUM
ftr-441	139	19	.	.	NUM
ftr-441	139	20	23	23	NUM
ftr-441	139	21	.	.	PUNCT
ftr-441	140	1	see	see	VERB
ftr-441	140	2	irc	irc	PROPN
ftr-441	140	3	§	§	PROPN
ftr-441	140	4	1371(a	1371(a	NUM
ftr-441	140	5	)	)	PUNCT
ftr-441	140	6	.	.	PUNCT
ftr-441	141	1	[	[	X
ftr-441	141	2	vol	vol	NOUN
ftr-441	141	3	4:3	4:3	NUM
ftr-441	141	4	the	the	DET
ftr-441	141	5	future	future	ADJ
ftr-441	141	6	taxation	taxation	NOUN
ftr-441	141	7	of	of	ADP
ftr-441	141	8	private	private	ADJ
ftr-441	141	9	business	business	NOUN
ftr-441	141	10	firms	firm	NOUN
ftr-441	141	11	thus	thus	ADV
ftr-441	141	12	,	,	PUNCT
ftr-441	141	13	each	each	DET
ftr-441	141	14	set	set	NOUN
ftr-441	141	15	of	of	ADP
ftr-441	141	16	rules	rule	NOUN
ftr-441	141	17	-	-	PUNCT
ftr-441	141	18	most	most	ADV
ftr-441	141	19	clearly	clearly	ADV
ftr-441	141	20	in	in	ADP
ftr-441	141	21	the	the	DET
ftr-441	141	22	case	case	NOUN
ftr-441	141	23	of	of	ADP
ftr-441	141	24	subchapters	subchapter	NOUN
ftr-441	141	25	c	c	PROPN
ftr-441	141	26	and	and	CCONJ
ftr-441	141	27	k	k	PROPN
ftr-441	141	28	and	and	CCONJ
ftr-441	141	29	less	less	ADV
ftr-441	141	30	obviously	obviously	ADV
ftr-441	141	31	in	in	ADP
ftr-441	141	32	the	the	DET
ftr-441	141	33	case	case	NOUN
ftr-441	141	34	of	of	ADP
ftr-441	141	35	subchapter	subchapter	NOUN
ftr-441	141	36	s	s	PART
ftr-441	141	37	-	-	PUNCT
ftr-441	141	38	was	be	AUX
ftr-441	141	39	designed	design	VERB
ftr-441	141	40	to	to	PART
ftr-441	141	41	apply	apply	VERB
ftr-441	141	42	to	to	ADP
ftr-441	141	43	a	a	DET
ftr-441	141	44	particular	particular	ADJ
ftr-441	141	45	business	business	NOUN
ftr-441	141	46	organization	organization	NOUN
ftr-441	141	47	form	form	NOUN
ftr-441	141	48	with	with	ADP
ftr-441	141	49	specific	specific	ADJ
ftr-441	141	50	characteristics	characteristic	NOUN
ftr-441	141	51	.	.	PUNCT
ftr-441	142	1	yet	yet	ADV
ftr-441	142	2	,	,	PUNCT
ftr-441	142	3	adoption	adoption	NOUN
ftr-441	142	4	of	of	ADP
ftr-441	142	5	the	the	DET
ftr-441	142	6	check	check	VERB
ftr-441	142	7	-	-	PUNCT
ftr-441	142	8	the	the	DET
ftr-441	142	9	-	-	PUNCT
ftr-441	142	10	box	box	NOUN
ftr-441	142	11	regulations	regulation	NOUN
ftr-441	142	12	reflects	reflect	VERB
ftr-441	142	13	a	a	DET
ftr-441	142	14	policy	policy	NOUN
ftr-441	142	15	determination	determination	NOUN
ftr-441	142	16	generally	generally	ADV
ftr-441	142	17	to	to	ADP
ftr-441	142	18	disregard	disregard	NOUN
ftr-441	142	19	business	business	NOUN
ftr-441	142	20	organization	organization	NOUN
ftr-441	142	21	form	form	NOUN
ftr-441	142	22	and	and	CCONJ
ftr-441	142	23	characteristics	characteristic	NOUN
ftr-441	142	24	for	for	ADP
ftr-441	142	25	income	income	NOUN
ftr-441	142	26	tax	tax	NOUN
ftr-441	142	27	purposes	purpose	NOUN
ftr-441	142	28	.	.	PUNCT
ftr-441	143	1	given	give	VERB
ftr-441	143	2	that	that	PRON
ftr-441	143	3	,	,	PUNCT
ftr-441	143	4	it	it	PRON
ftr-441	143	5	is	be	AUX
ftr-441	143	6	difficult	difficult	ADJ
ftr-441	143	7	to	to	PART
ftr-441	143	8	understand	understand	VERB
ftr-441	143	9	why	why	SCONJ
ftr-441	143	10	firms	firm	NOUN
ftr-441	143	11	are	be	AUX
ftr-441	143	12	nevertheless	nevertheless	ADV
ftr-441	143	13	allowed	allow	VERB
ftr-441	143	14	a	a	DET
ftr-441	143	15	choice	choice	NOUN
ftr-441	143	16	regarding	regard	VERB
ftr-441	143	17	how	how	SCONJ
ftr-441	143	18	they	they	PRON
ftr-441	143	19	are	be	AUX
ftr-441	143	20	taxed	tax	VERB
ftr-441	143	21	and	and	CCONJ
ftr-441	143	22	why	why	SCONJ
ftr-441	143	23	they	they	PRON
ftr-441	143	24	are	be	AUX
ftr-441	143	25	given	give	VERB
ftr-441	143	26	the	the	DET
ftr-441	143	27	particular	particular	ADJ
ftr-441	143	28	choices	choice	NOUN
ftr-441	143	29	that	that	PRON
ftr-441	143	30	they	they	PRON
ftr-441	143	31	are	be	AUX
ftr-441	143	32	.	.	PUNCT
ftr-441	144	1	if	if	SCONJ
ftr-441	144	2	the	the	DET
ftr-441	144	3	three	three	NUM
ftr-441	144	4	sets	set	NOUN
ftr-441	144	5	of	of	ADP
ftr-441	144	6	rules	rule	NOUN
ftr-441	144	7	produced	produce	VERB
ftr-441	144	8	more	more	ADV
ftr-441	144	9	or	or	CCONJ
ftr-441	144	10	less	less	ADV
ftr-441	144	11	the	the	DET
ftr-441	144	12	same	same	ADJ
ftr-441	144	13	tax	tax	NOUN
ftr-441	144	14	consequences	consequence	NOUN
ftr-441	144	15	in	in	ADP
ftr-441	144	16	most	most	ADJ
ftr-441	144	17	situations	situation	NOUN
ftr-441	144	18	,	,	PUNCT
ftr-441	144	19	the	the	DET
ftr-441	144	20	choice	choice	NOUN
ftr-441	144	21	among	among	ADP
ftr-441	144	22	them	they	PRON
ftr-441	144	23	might	might	AUX
ftr-441	144	24	not	not	PART
ftr-441	144	25	be	be	AUX
ftr-441	144	26	especially	especially	ADV
ftr-441	144	27	significant	significant	ADJ
ftr-441	144	28	.	.	PUNCT
ftr-441	145	1	but	but	CCONJ
ftr-441	145	2	that	that	PRON
ftr-441	145	3	is	be	AUX
ftr-441	145	4	not	not	PART
ftr-441	145	5	the	the	DET
ftr-441	145	6	case	case	NOUN
ftr-441	145	7	.	.	PUNCT
ftr-441	146	1	in	in	ADP
ftr-441	146	2	any	any	DET
ftr-441	146	3	given	give	VERB
ftr-441	146	4	situation	situation	NOUN
ftr-441	146	5	,	,	PUNCT
ftr-441	146	6	subchapters	subchapter	NOUN
ftr-441	146	7	c	c	NOUN
ftr-441	146	8	,	,	PUNCT
ftr-441	146	9	k	k	PROPN
ftr-441	146	10	or	or	CCONJ
ftr-441	146	11	s	s	PROPN
ftr-441	146	12	might	might	AUX
ftr-441	146	13	provide	provide	VERB
ftr-441	146	14	an	an	DET
ftr-441	146	15	advantageous	advantageous	ADJ
ftr-441	146	16	tax	tax	NOUN
ftr-441	146	17	result	result	NOUN
ftr-441	146	18	for	for	ADP
ftr-441	146	19	particular	particular	ADJ
ftr-441	146	20	taxpayers	taxpayer	NOUN
ftr-441	146	21	.	.	PUNCT
ftr-441	147	1	for	for	ADP
ftr-441	147	2	example	example	NOUN
ftr-441	147	3	,	,	PUNCT
ftr-441	147	4	subchapter	subchapter	NOUN
ftr-441	147	5	c	c	NOUN
ftr-441	147	6	generally	generally	ADV
ftr-441	147	7	offers	offer	VERB
ftr-441	147	8	graduated	graduate	VERB
ftr-441	147	9	tax	tax	NOUN
ftr-441	147	10	rates	rate	NOUN
ftr-441	147	11	for	for	ADP
ftr-441	147	12	the	the	DET
ftr-441	147	13	business	business	NOUN
ftr-441	147	14	income	income	NOUN
ftr-441	147	15	of	of	ADP
ftr-441	147	16	firms	firm	NOUN
ftr-441	147	17	subject	subject	ADJ
ftr-441	147	18	to	to	ADP
ftr-441	147	19	those	those	DET
ftr-441	147	20	rules,24	rules,24	NOUN
ftr-441	147	21	and	and	CCONJ
ftr-441	147	22	there	there	PRON
ftr-441	147	23	are	be	VERB
ftr-441	147	24	a	a	DET
ftr-441	147	25	host	host	NOUN
ftr-441	147	26	of	of	ADP
ftr-441	147	27	special	special	ADJ
ftr-441	147	28	tax	tax	NOUN
ftr-441	147	29	provisions	provision	NOUN
ftr-441	147	30	limited	limit	VERB
ftr-441	147	31	to	to	ADP
ftr-441	147	32	subchapter	subchapter	NOUN
ftr-441	147	33	c	c	NOUN
ftr-441	147	34	firms.rn	firms.rn	PROPN
ftr-441	147	35	subchapter	subchapter	NOUN
ftr-441	147	36	k	k	PROPN
ftr-441	147	37	offers	offer	VERB
ftr-441	147	38	the	the	DET
ftr-441	147	39	purest	pure	ADJ
ftr-441	147	40	form	form	NOUN
ftr-441	147	41	of	of	ADP
ftr-441	147	42	conduit	conduit	NOUN
ftr-441	147	43	taxation	taxation	NOUN
ftr-441	147	44	under	under	ADP
ftr-441	147	45	which	which	PRON
ftr-441	147	46	the	the	DET
ftr-441	147	47	firm	firm	NOUN
ftr-441	147	48	is	be	AUX
ftr-441	147	49	not	not	PART
ftr-441	147	50	taxed	tax	VERB
ftr-441	147	51	and	and	CCONJ
ftr-441	147	52	business	business	NOUN
ftr-441	147	53	income	income	NOUN
ftr-441	147	54	and	and	CCONJ
ftr-441	147	55	losses	loss	NOUN
ftr-441	147	56	are	be	AUX
ftr-441	147	57	passed	pass	VERB
ftr-441	147	58	through	through	ADP
ftr-441	147	59	to	to	ADP
ftr-441	147	60	the	the	DET
ftr-441	147	61	owners	owner	NOUN
ftr-441	147	62	of	of	ADP
ftr-441	147	63	the	the	DET
ftr-441	147	64	firm	firm	NOUN
ftr-441	147	65	.	.	PUNCT
ftr-441	148	1	finally	finally	ADV
ftr-441	148	2	,	,	PUNCT
ftr-441	148	3	as	as	SCONJ
ftr-441	148	4	just	just	ADV
ftr-441	148	5	noted	note	VERB
ftr-441	148	6	,	,	PUNCT
ftr-441	148	7	subchapter	subchapter	NOUN
ftr-441	148	8	s	s	PRON
ftr-441	148	9	offers	offer	VERB
ftr-441	148	10	another	another	DET
ftr-441	148	11	form	form	NOUN
ftr-441	148	12	of	of	ADP
ftr-441	148	13	conduit	conduit	NOUN
ftr-441	148	14	taxation	taxation	NOUN
ftr-441	148	15	which	which	PRON
ftr-441	148	16	,	,	PUNCT
ftr-441	148	17	nevertheless	nevertheless	ADV
ftr-441	148	18	,	,	PUNCT
ftr-441	148	19	incorporates	incorporate	VERB
ftr-441	148	20	certain	certain	ADJ
ftr-441	148	21	significant	significant	ADJ
ftr-441	148	22	entity	entity	NOUN
ftr-441	148	23	tax	tax	NOUN
ftr-441	148	24	characteristics	characteristic	NOUN
ftr-441	148	25	.	.	PUNCT
ftr-441	149	1	as	as	ADP
ftr-441	149	2	a	a	DET
ftr-441	149	3	result	result	NOUN
ftr-441	149	4	,	,	PUNCT
ftr-441	149	5	subchapter	subchapter	NOUN
ftr-441	149	6	s	s	PART
ftr-441	149	7	is	be	AUX
ftr-441	149	8	in	in	ADP
ftr-441	149	9	many	many	ADJ
ftr-441	149	10	cases	case	NOUN
ftr-441	149	11	less	less	ADV
ftr-441	149	12	advantageous	advantageous	ADJ
ftr-441	149	13	than	than	ADP
ftr-441	149	14	subchapter	subchapter	NOUN
ftr-441	149	15	k	k	NOUN
ftr-441	149	16	but	but	CCONJ
ftr-441	149	17	in	in	ADP
ftr-441	149	18	certain	certain	ADJ
ftr-441	149	19	cases	case	NOUN
ftr-441	149	20	,	,	PUNCT
ftr-441	149	21	more	more	ADJ
ftr-441	149	22	advantageous.6	advantageous.6	NOUN
ftr-441	149	23	the	the	DET
ftr-441	149	24	elective	elective	ADJ
ftr-441	149	25	tax	tax	NOUN
ftr-441	149	26	treatment	treatment	NOUN
ftr-441	149	27	of	of	ADP
ftr-441	149	28	private	private	ADJ
ftr-441	149	29	firms	firm	NOUN
ftr-441	149	30	under	under	ADP
ftr-441	149	31	current	current	ADJ
ftr-441	149	32	law	law	NOUN
ftr-441	149	33	undermines	undermine	VERB
ftr-441	149	34	both	both	DET
ftr-441	149	35	equity	equity	NOUN
ftr-441	149	36	and	and	CCONJ
ftr-441	149	37	efficiency	efficiency	NOUN
ftr-441	149	38	objectives	objective	NOUN
ftr-441	149	39	for	for	ADP
ftr-441	149	40	the	the	DET
ftr-441	149	41	income	income	NOUN
ftr-441	149	42	tax	tax	NOUN
ftr-441	149	43	.	.	PUNCT
ftr-441	150	1	although	although	SCONJ
ftr-441	150	2	in	in	ADP
ftr-441	150	3	theory	theory	NOUN
ftr-441	150	4	,	,	PUNCT
ftr-441	150	5	similarly	similarly	ADV
ftr-441	150	6	situated	situate	VERB
ftr-441	150	7	businesses	business	NOUN
ftr-441	150	8	have	have	VERB
ftr-441	150	9	the	the	DET
ftr-441	150	10	same	same	ADJ
ftr-441	150	11	opportunity	opportunity	NOUN
ftr-441	150	12	to	to	PART
ftr-441	150	13	be	be	AUX
ftr-441	150	14	treated	treat	VERB
ftr-441	150	15	in	in	ADP
ftr-441	150	16	the	the	DET
ftr-441	150	17	same	same	ADJ
ftr-441	150	18	tax	tax	NOUN
ftr-441	150	19	-	-	PUNCT
ftr-441	150	20	advantageous	advantageous	ADJ
ftr-441	150	21	manner	manner	NOUN
ftr-441	150	22	under	under	ADP
ftr-441	150	23	current	current	ADJ
ftr-441	150	24	law	law	NOUN
ftr-441	150	25	,	,	PUNCT
ftr-441	150	26	the	the	DET
ftr-441	150	27	practical	practical	ADJ
ftr-441	150	28	reality	reality	NOUN
ftr-441	150	29	is	be	AUX
ftr-441	150	30	probably	probably	ADV
ftr-441	150	31	to	to	ADP
ftr-441	150	32	the	the	DET
ftr-441	150	33	contrary	contrary	NOUN
ftr-441	150	34	,	,	PUNCT
ftr-441	150	35	due	due	ADP
ftr-441	150	36	to	to	ADP
ftr-441	150	37	disparities	disparity	NOUN
ftr-441	150	38	in	in	ADP
ftr-441	150	39	the	the	DET
ftr-441	150	40	quality	quality	NOUN
ftr-441	150	41	24	24	NUM
ftr-441	150	42	.	.	PUNCT
ftr-441	151	1	see	see	VERB
ftr-441	151	2	irc	irc	PROPN
ftr-441	151	3	§	§	PROPN
ftr-441	151	4	11(b	11(b	NUM
ftr-441	151	5	)	)	PUNCT
ftr-441	151	6	.	.	PUNCT
ftr-441	152	1	if	if	SCONJ
ftr-441	152	2	the	the	DET
ftr-441	152	3	shareholder	shareholder	NOUN
ftr-441	152	4	tax	tax	NOUN
ftr-441	152	5	of	of	ADP
ftr-441	152	6	a	a	DET
ftr-441	152	7	subchapter	subchapter	NOUN
ftr-441	152	8	c	c	NOUN
ftr-441	152	9	firm	firm	NOUN
ftr-441	152	10	is	be	AUX
ftr-441	152	11	deferred	defer	VERB
ftr-441	152	12	or	or	CCONJ
ftr-441	152	13	reduced	reduce	VERB
ftr-441	152	14	sufficiently	sufficiently	ADV
ftr-441	152	15	or	or	CCONJ
ftr-441	152	16	eliminated	eliminate	VERB
ftr-441	152	17	altogether	altogether	ADV
ftr-441	152	18	,	,	PUNCT
ftr-441	152	19	the	the	DET
ftr-441	152	20	graduated	graduate	VERB
ftr-441	152	21	rate	rate	NOUN
ftr-441	152	22	structure	structure	NOUN
ftr-441	152	23	can	can	AUX
ftr-441	152	24	mean	mean	VERB
ftr-441	152	25	that	that	SCONJ
ftr-441	152	26	business	business	NOUN
ftr-441	152	27	income	income	NOUN
ftr-441	152	28	is	be	AUX
ftr-441	152	29	taxed	tax	VERB
ftr-441	152	30	more	more	ADV
ftr-441	152	31	favorably	favorably	ADV
ftr-441	152	32	under	under	ADP
ftr-441	152	33	subchapter	subchapter	NOUN
ftr-441	152	34	c	c	NOUN
ftr-441	152	35	than	than	ADP
ftr-441	152	36	under	under	ADP
ftr-441	152	37	either	either	DET
ftr-441	152	38	subchapters	subchapter	NOUN
ftr-441	152	39	k	k	PROPN
ftr-441	152	40	or	or	CCONJ
ftr-441	152	41	s.	s.	PROPN
ftr-441	152	42	subchapter	subchapter	PROPN
ftr-441	152	43	c	c	PROPN
ftr-441	152	44	may	may	AUX
ftr-441	152	45	also	also	ADV
ftr-441	152	46	be	be	AUX
ftr-441	152	47	an	an	DET
ftr-441	152	48	attractive	attractive	ADJ
ftr-441	152	49	choice	choice	NOUN
ftr-441	152	50	for	for	ADP
ftr-441	152	51	those	those	DET
ftr-441	152	52	private	private	ADJ
ftr-441	152	53	firms	firm	NOUN
ftr-441	152	54	which	which	PRON
ftr-441	152	55	envision	envision	VERB
ftr-441	152	56	going	go	VERB
ftr-441	152	57	public	public	ADJ
ftr-441	152	58	someday	someday	ADV
ftr-441	152	59	.	.	PUNCT
ftr-441	153	1	cf	cf	NOUN
ftr-441	153	2	.	.	PUNCT
ftr-441	154	1	joseph	joseph	PROPN
ftr-441	154	2	bankman	bankman	PROPN
ftr-441	154	3	,	,	PUNCT
ftr-441	154	4	the	the	DET
ftr-441	154	5	structure	structure	NOUN
ftr-441	154	6	of	of	ADP
ftr-441	154	7	silicon	silicon	PROPN
ftr-441	154	8	valley	valley	PROPN
ftr-441	154	9	start	start	NOUN
ftr-441	154	10	-	-	PUNCT
ftr-441	154	11	ups	up	NOUN
ftr-441	154	12	,	,	PUNCT
ftr-441	154	13	41	41	NUM
ftr-441	154	14	ucla	ucla	PROPN
ftr-441	154	15	l.	l.	PROPN
ftr-441	154	16	rev	rev	PROPN
ftr-441	154	17	.	.	PROPN
ftr-441	154	18	1737	1737	NUM
ftr-441	154	19	,	,	PUNCT
ftr-441	154	20	1749	1749	NUM
ftr-441	154	21	-	-	SYM
ftr-441	154	22	50	50	NUM
ftr-441	154	23	(	(	PUNCT
ftr-441	154	24	1994	1994	NUM
ftr-441	154	25	)	)	PUNCT
ftr-441	154	26	.	.	PUNCT
ftr-441	155	1	25	25	NUM
ftr-441	155	2	.	.	X
ftr-441	156	1	see	see	VERB
ftr-441	156	2	,	,	PUNCT
ftr-441	156	3	e.g.	e.g.	ADV
ftr-441	156	4	,	,	PUNCT
ftr-441	156	5	irc	irc	PROPN
ftr-441	156	6	§	§	PROPN
ftr-441	156	7	§	§	PROPN
ftr-441	156	8	465(a)(1)(b	465(a)(1)(b	PROPN
ftr-441	156	9	)	)	PUNCT
ftr-441	156	10	and	and	CCONJ
ftr-441	156	11	469(a)(2)(b	469(a)(2)(b	NUM
ftr-441	156	12	)	)	PUNCT
ftr-441	156	13	(	(	PUNCT
ftr-441	156	14	at	at	ADP
ftr-441	156	15	risk	risk	NOUN
ftr-441	156	16	and	and	CCONJ
ftr-441	156	17	passive	passive	ADJ
ftr-441	156	18	activity	activity	NOUN
ftr-441	156	19	loss	loss	NOUN
ftr-441	156	20	rules	rule	NOUN
ftr-441	156	21	generally	generally	ADV
ftr-441	156	22	applicable	applicable	ADJ
ftr-441	156	23	only	only	ADV
ftr-441	156	24	to	to	ADP
ftr-441	156	25	certain	certain	ADJ
ftr-441	156	26	closely	closely	ADV
ftr-441	156	27	held	hold	VERB
ftr-441	156	28	c	c	PROPN
ftr-441	156	29	corporations	corporation	NOUN
ftr-441	156	30	)	)	PUNCT
ftr-441	156	31	.	.	PUNCT
ftr-441	157	1	on	on	ADP
ftr-441	157	2	the	the	DET
ftr-441	157	3	other	other	ADJ
ftr-441	157	4	hand	hand	NOUN
ftr-441	157	5	,	,	PUNCT
ftr-441	157	6	these	these	DET
ftr-441	157	7	rules	rule	NOUN
ftr-441	157	8	do	do	AUX
ftr-441	157	9	apply	apply	VERB
ftr-441	157	10	to	to	ADP
ftr-441	157	11	the	the	DET
ftr-441	157	12	individuals	individual	NOUN
ftr-441	157	13	who	who	PRON
ftr-441	157	14	are	be	AUX
ftr-441	157	15	either	either	CCONJ
ftr-441	157	16	partners	partner	NOUN
ftr-441	157	17	or	or	CCONJ
ftr-441	157	18	s	s	NOUN
ftr-441	157	19	corporation	corporation	NOUN
ftr-441	157	20	shareholders	shareholder	NOUN
ftr-441	157	21	.	.	PUNCT
ftr-441	158	1	see	see	VERB
ftr-441	158	2	irc	irc	PROPN
ftr-441	158	3	§	§	PROPN
ftr-441	158	4	§	§	PROPN
ftr-441	158	5	465(a)(1)(a	465(a)(1)(a	PROPN
ftr-441	158	6	)	)	PUNCT
ftr-441	158	7	and	and	CCONJ
ftr-441	158	8	469(a)(2)(a	469(a)(2)(a	NUM
ftr-441	158	9	)	)	PUNCT
ftr-441	158	10	.	.	PUNCT
ftr-441	159	1	26	26	NUM
ftr-441	159	2	.	.	PUNCT
ftr-441	160	1	in	in	ADP
ftr-441	160	2	addition	addition	NOUN
ftr-441	160	3	to	to	ADP
ftr-441	160	4	the	the	DET
ftr-441	160	5	differences	difference	NOUN
ftr-441	160	6	previously	previously	ADV
ftr-441	160	7	noted	note	VERB
ftr-441	160	8	in	in	ADP
ftr-441	160	9	the	the	DET
ftr-441	160	10	text	text	NOUN
ftr-441	160	11	,	,	PUNCT
ftr-441	160	12	there	there	PRON
ftr-441	160	13	are	be	VERB
ftr-441	160	14	two	two	NUM
ftr-441	160	15	other	other	ADJ
ftr-441	160	16	significant	significant	ADJ
ftr-441	160	17	ways	way	NOUN
ftr-441	160	18	subchapters	subchapter	NOUN
ftr-441	160	19	k	k	NOUN
ftr-441	160	20	and	and	CCONJ
ftr-441	160	21	s	s	PROPN
ftr-441	160	22	depart	depart	NOUN
ftr-441	160	23	from	from	ADP
ftr-441	160	24	one	one	NUM
ftr-441	160	25	another	another	DET
ftr-441	160	26	.	.	PUNCT
ftr-441	161	1	subchapter	subchapter	NOUN
ftr-441	161	2	k	k	NOUN
ftr-441	161	3	but	but	CCONJ
ftr-441	161	4	not	not	PART
ftr-441	161	5	subchapter	subchapter	NOUN
ftr-441	161	6	s	s	PART
ftr-441	161	7	firms	firm	NOUN
ftr-441	161	8	may	may	AUX
ftr-441	161	9	specially	specially	ADV
ftr-441	161	10	allocate	allocate	VERB
ftr-441	161	11	their	their	PRON
ftr-441	161	12	tax	tax	NOUN
ftr-441	161	13	items	item	NOUN
ftr-441	161	14	among	among	ADP
ftr-441	161	15	their	their	PRON
ftr-441	161	16	owners	owner	NOUN
ftr-441	161	17	.	.	PUNCT
ftr-441	162	1	compare	compare	VERB
ftr-441	162	2	irc	irc	PROPN
ftr-441	162	3	§	§	PROPN
ftr-441	162	4	704(a	704(a	PROPN
ftr-441	162	5	)	)	PUNCT
ftr-441	162	6	and	and	CCONJ
ftr-441	162	7	(	(	PUNCT
ftr-441	162	8	b	b	NOUN
ftr-441	162	9	)	)	PUNCT
ftr-441	162	10	with	with	ADP
ftr-441	162	11	irc	irc	PROPN
ftr-441	162	12	§	§	PROPN
ftr-441	162	13	1377(a	1377(a	NUM
ftr-441	162	14	)	)	PUNCT
ftr-441	162	15	.	.	PUNCT
ftr-441	163	1	on	on	ADP
ftr-441	163	2	the	the	DET
ftr-441	163	3	other	other	ADJ
ftr-441	163	4	hand	hand	NOUN
ftr-441	163	5	,	,	PUNCT
ftr-441	163	6	there	there	PRON
ftr-441	163	7	exists	exist	VERB
ftr-441	163	8	in	in	ADP
ftr-441	163	9	subchapter	subchapter	NOUN
ftr-441	163	10	k	k	PROPN
ftr-441	164	1	a	a	DET
ftr-441	164	2	series	series	NOUN
ftr-441	164	3	of	of	ADP
ftr-441	164	4	complicated	complicated	ADJ
ftr-441	164	5	rules	rule	NOUN
ftr-441	164	6	designed	design	VERB
ftr-441	164	7	to	to	PART
ftr-441	164	8	prevent	prevent	VERB
ftr-441	164	9	tax	tax	NOUN
ftr-441	164	10	advantages	advantage	NOUN
ftr-441	164	11	in	in	ADP
ftr-441	164	12	selected	select	VERB
ftr-441	164	13	situations	situation	NOUN
ftr-441	164	14	.	.	PUNCT
ftr-441	165	1	see	see	VERB
ftr-441	165	2	,	,	PUNCT
ftr-441	165	3	e.g.	e.g.	ADV
ftr-441	165	4	,	,	PUNCT
ftr-441	165	5	irc	irc	ADV
ftr-441	165	6	§	§	PROPN
ftr-441	165	7	§	§	PROPN
ftr-441	165	8	704(c	704(c	PROPN
ftr-441	165	9	)	)	PUNCT
ftr-441	165	10	,	,	PUNCT
ftr-441	165	11	707(a)(2	707(a)(2	NUM
ftr-441	165	12	)	)	PUNCT
ftr-441	165	13	and	and	CCONJ
ftr-441	165	14	(	(	PUNCT
ftr-441	165	15	b	b	NOUN
ftr-441	165	16	)	)	PUNCT
ftr-441	165	17	,	,	PUNCT
ftr-441	165	18	724	724	NUM
ftr-441	165	19	,	,	PUNCT
ftr-441	165	20	731(c	731(c	NOUN
ftr-441	165	21	)	)	PUNCT
ftr-441	165	22	,	,	PUNCT
ftr-441	165	23	735	735	NUM
ftr-441	165	24	,	,	PUNCT
ftr-441	165	25	737	737	NUM
ftr-441	165	26	,	,	PUNCT
ftr-441	165	27	and	and	CCONJ
ftr-441	165	28	751	751	NUM
ftr-441	165	29	.	.	PUNCT
ftr-441	166	1	subchapter	subchapter	NOUN
ftr-441	166	2	s	s	PART
ftr-441	166	3	corporations	corporation	NOUN
ftr-441	166	4	are	be	AUX
ftr-441	166	5	not	not	PART
ftr-441	166	6	subject	subject	ADJ
ftr-441	166	7	to	to	ADP
ftr-441	166	8	those	those	DET
ftr-441	166	9	rules	rule	NOUN
ftr-441	166	10	although	although	SCONJ
ftr-441	166	11	they	they	PRON
ftr-441	166	12	are	be	AUX
ftr-441	166	13	subject	subject	ADJ
ftr-441	166	14	to	to	ADP
ftr-441	166	15	the	the	DET
ftr-441	166	16	collapsible	collapsible	ADJ
ftr-441	166	17	corporation	corporation	NOUN
ftr-441	166	18	provisions	provision	NOUN
ftr-441	166	19	of	of	ADP
ftr-441	166	20	§	§	PROPN
ftr-441	166	21	341	341	NUM
ftr-441	166	22	.	.	PUNCT
ftr-441	167	1	see	see	VERB
ftr-441	167	2	irc	irc	PROPN
ftr-441	167	3	§	§	PROPN
ftr-441	167	4	1371(a	1371(a	NUM
ftr-441	167	5	)	)	PUNCT
ftr-441	167	6	.	.	PUNCT
ftr-441	168	1	19991	19991	NUM
ftr-441	168	2	florida	florida	PROPN
ftr-441	168	3	tax	tax	NOUN
ftr-441	168	4	review	review	NOUN
ftr-441	168	5	of	of	ADP
ftr-441	168	6	advice	advice	NOUN
ftr-441	168	7	the	the	DET
ftr-441	168	8	businesses	business	NOUN
ftr-441	168	9	receive	receive	VERB
ftr-441	168	10	.	.	PUNCT
ftr-441	169	1	by	by	ADP
ftr-441	169	2	permitting	permit	VERB
ftr-441	169	3	such	such	ADJ
ftr-441	169	4	disparate	disparate	ADJ
ftr-441	169	5	choices	choice	NOUN
ftr-441	169	6	without	without	ADP
ftr-441	169	7	any	any	DET
ftr-441	169	8	apparent	apparent	ADJ
ftr-441	169	9	underlying	underlying	ADJ
ftr-441	169	10	conceptual	conceptual	ADJ
ftr-441	169	11	foundation	foundation	NOUN
ftr-441	169	12	,	,	PUNCT
ftr-441	169	13	current	current	ADJ
ftr-441	169	14	law	law	NOUN
ftr-441	169	15	has	have	AUX
ftr-441	169	16	simply	simply	ADV
ftr-441	169	17	provided	provide	VERB
ftr-441	169	18	a	a	DET
ftr-441	169	19	tax	tax	NOUN
ftr-441	169	20	benefit	benefit	NOUN
ftr-441	169	21	for	for	ADP
ftr-441	169	22	the	the	DET
ftr-441	169	23	well	well	ADV
ftr-441	169	24	-	-	PUNCT
ftr-441	169	25	advised	advise	VERB
ftr-441	169	26	and	and	CCONJ
ftr-441	169	27	a	a	DET
ftr-441	169	28	trap	trap	NOUN
ftr-441	169	29	for	for	ADP
ftr-441	169	30	the	the	DET
ftr-441	169	31	ill	ill	ADV
ftr-441	169	32	-	-	PUNCT
ftr-441	169	33	advised	advise	VERB
ftr-441	169	34	.	.	PUNCT
ftr-441	170	1	there	there	PRON
ftr-441	170	2	is	be	VERB
ftr-441	170	3	no	no	DET
ftr-441	170	4	particular	particular	ADJ
ftr-441	170	5	policy	policy	NOUN
ftr-441	170	6	reason	reason	NOUN
ftr-441	170	7	why	why	SCONJ
ftr-441	170	8	the	the	DET
ftr-441	170	9	taxation	taxation	NOUN
ftr-441	170	10	of	of	ADP
ftr-441	170	11	private	private	ADJ
ftr-441	170	12	business	business	NOUN
ftr-441	170	13	fimis	fimis	PROPN
ftr-441	170	14	should	should	AUX
ftr-441	170	15	result	result	VERB
ftr-441	170	16	in	in	ADP
ftr-441	170	17	the	the	DET
ftr-441	170	18	minimization	minimization	NOUN
ftr-441	170	19	of	of	ADP
ftr-441	170	20	tax	tax	NOUN
ftr-441	170	21	liabilities	liability	NOUN
ftr-441	170	22	for	for	ADP
ftr-441	170	23	only	only	ADV
ftr-441	170	24	the	the	DET
ftr-441	170	25	welladvised.27	welladvised.27	PROPN
ftr-441	170	26	moreover	moreover	ADV
ftr-441	170	27	,	,	PUNCT
ftr-441	170	28	current	current	ADJ
ftr-441	170	29	law	law	NOUN
ftr-441	170	30	violates	violate	VERB
ftr-441	170	31	vertical	vertical	ADJ
ftr-441	170	32	equity	equity	NOUN
ftr-441	170	33	norms	norm	NOUN
ftr-441	170	34	.	.	PUNCT
ftr-441	171	1	by	by	ADP
ftr-441	171	2	giving	give	VERB
ftr-441	171	3	business	business	NOUN
ftr-441	171	4	owners	owner	NOUN
ftr-441	171	5	a	a	DET
ftr-441	171	6	range	range	NOUN
ftr-441	171	7	of	of	ADP
ftr-441	171	8	tax	tax	NOUN
ftr-441	171	9	liabilities	liability	NOUN
ftr-441	171	10	to	to	PART
ftr-441	171	11	choose	choose	VERB
ftr-441	171	12	from	from	ADP
ftr-441	171	13	,	,	PUNCT
ftr-441	171	14	current	current	ADJ
ftr-441	171	15	law	law	NOUN
ftr-441	171	16	by	by	ADP
ftr-441	171	17	definition	definition	NOUN
ftr-441	171	18	can	can	AUX
ftr-441	171	19	not	not	PART
ftr-441	171	20	impose	impose	VERB
ftr-441	171	21	the	the	DET
ftr-441	171	22	"	"	PUNCT
ftr-441	171	23	proper	proper	ADJ
ftr-441	171	24	"	"	PUNCT
ftr-441	171	25	level	level	NOUN
ftr-441	171	26	of	of	ADP
ftr-441	171	27	tax	tax	NOUN
ftr-441	171	28	on	on	ADP
ftr-441	171	29	them	they	PRON
ftr-441	171	30	based	base	VERB
ftr-441	171	31	upon	upon	SCONJ
ftr-441	171	32	vertical	vertical	ADJ
ftr-441	171	33	equity	equity	NOUN
ftr-441	171	34	principles	principle	NOUN
ftr-441	171	35	.	.	PUNCT
ftr-441	172	1	inefficiency	inefficiency	NOUN
ftr-441	172	2	arises	arise	VERB
ftr-441	172	3	because	because	SCONJ
ftr-441	172	4	of	of	ADP
ftr-441	172	5	the	the	DET
ftr-441	172	6	increased	increase	VERB
ftr-441	172	7	transactions	transaction	NOUN
ftr-441	172	8	costs	cost	NOUN
ftr-441	172	9	necessitated	necessitate	VERB
ftr-441	172	10	by	by	ADP
ftr-441	172	11	current	current	ADJ
ftr-441	172	12	law	law	NOUN
ftr-441	172	13	.	.	PUNCT
ftr-441	173	1	to	to	PART
ftr-441	173	2	minimize	minimize	VERB
ftr-441	173	3	tax	tax	NOUN
ftr-441	173	4	burdens	burden	NOUN
ftr-441	173	5	,	,	PUNCT
ftr-441	173	6	businesses	business	NOUN
ftr-441	173	7	must	must	AUX
ftr-441	173	8	be	be	AUX
ftr-441	173	9	prepared	prepare	VERB
ftr-441	173	10	to	to	PART
ftr-441	173	11	examine	examine	VERB
ftr-441	173	12	the	the	DET
ftr-441	173	13	consequences	consequence	NOUN
ftr-441	173	14	of	of	ADP
ftr-441	173	15	three	three	NUM
ftr-441	173	16	possible	possible	ADJ
ftr-441	173	17	operating	operating	NOUN
ftr-441	173	18	rule	rule	NOUN
ftr-441	173	19	structures	structure	NOUN
ftr-441	173	20	on	on	ADP
ftr-441	173	21	their	their	PRON
ftr-441	173	22	anticipated	anticipate	VERB
ftr-441	173	23	business	business	NOUN
ftr-441	173	24	activities	activity	NOUN
ftr-441	173	25	and	and	CCONJ
ftr-441	173	26	to	to	PART
ftr-441	173	27	comply	comply	VERB
ftr-441	173	28	with	with	ADP
ftr-441	173	29	the	the	DET
ftr-441	173	30	rules	rule	NOUN
ftr-441	173	31	selected	select	VERB
ftr-441	173	32	.	.	PUNCT
ftr-441	174	1	the	the	DET
ftr-441	174	2	irs	irs	PROPN
ftr-441	174	3	must	must	AUX
ftr-441	174	4	administer	administer	VERB
ftr-441	174	5	and	and	CCONJ
ftr-441	174	6	give	give	VERB
ftr-441	174	7	oversight	oversight	NOUN
ftr-441	174	8	to	to	ADP
ftr-441	174	9	the	the	DET
ftr-441	174	10	three	three	NUM
ftr-441	174	11	different	different	ADJ
ftr-441	174	12	structures	structure	NOUN
ftr-441	174	13	.	.	PUNCT
ftr-441	175	1	further	far	ADV
ftr-441	175	2	,	,	PUNCT
ftr-441	175	3	the	the	DET
ftr-441	175	4	planning	planning	NOUN
ftr-441	175	5	,	,	PUNCT
ftr-441	175	6	compliance	compliance	NOUN
ftr-441	175	7	,	,	PUNCT
ftr-441	175	8	and	and	CCONJ
ftr-441	175	9	administration	administration	NOUN
ftr-441	175	10	costs	cost	NOUN
ftr-441	175	11	are	be	AUX
ftr-441	175	12	ongoing	ongoing	ADJ
ftr-441	175	13	in	in	SCONJ
ftr-441	175	14	that	that	SCONJ
ftr-441	175	15	businesses	business	NOUN
ftr-441	175	16	may	may	AUX
ftr-441	175	17	have	have	VERB
ftr-441	175	18	the	the	DET
ftr-441	175	19	opportunity	opportunity	NOUN
ftr-441	175	20	to	to	PART
ftr-441	175	21	change	change	VERB
ftr-441	175	22	their	their	PRON
ftr-441	175	23	choice	choice	NOUN
ftr-441	175	24	of	of	ADP
ftr-441	175	25	rule	rule	NOUN
ftr-441	175	26	structure	structure	NOUN
ftr-441	175	27	as	as	SCONJ
ftr-441	175	28	their	their	PRON
ftr-441	175	29	business	business	NOUN
ftr-441	175	30	activities	activity	NOUN
ftr-441	175	31	evolve	evolve	VERB
ftr-441	175	32	.	.	PUNCT
ftr-441	176	1	moreover	moreover	ADV
ftr-441	176	2	,	,	PUNCT
ftr-441	176	3	aside	aside	ADV
ftr-441	176	4	from	from	ADP
ftr-441	176	5	increasing	increase	VERB
ftr-441	176	6	transactions	transaction	NOUN
ftr-441	176	7	costs	cost	NOUN
ftr-441	176	8	,	,	PUNCT
ftr-441	176	9	current	current	ADJ
ftr-441	176	10	law	law	NOUN
ftr-441	176	11	's	's	PART
ftr-441	176	12	favorable	favorable	ADJ
ftr-441	176	13	tax	tax	NOUN
ftr-441	176	14	treatment	treatment	NOUN
ftr-441	176	15	of	of	ADP
ftr-441	176	16	private	private	ADJ
ftr-441	176	17	business	business	NOUN
ftr-441	176	18	firms	firm	NOUN
ftr-441	176	19	distorts	distort	VERB
ftr-441	176	20	economic	economic	ADJ
ftr-441	176	21	decisions	decision	NOUN
ftr-441	176	22	for	for	ADP
ftr-441	176	23	those	those	DET
ftr-441	176	24	businesses	business	NOUN
ftr-441	176	25	on	on	ADP
ftr-441	176	26	the	the	DET
ftr-441	176	27	individual	individual	ADJ
ftr-441	176	28	/	/	SYM
ftr-441	176	29	firm	firm	ADJ
ftr-441	176	30	and	and	CCONJ
ftr-441	176	31	public	public	ADJ
ftr-441	176	32	firm	firm	ADJ
ftr-441	176	33	/	/	SYM
ftr-441	176	34	private	private	ADJ
ftr-441	176	35	firm	firm	ADJ
ftr-441	176	36	boundaries	boundary	NOUN
ftr-441	176	37	,	,	PUNCT
ftr-441	176	38	thereby	thereby	ADV
ftr-441	176	39	potentially	potentially	ADV
ftr-441	176	40	causing	cause	VERB
ftr-441	176	41	deadweight	deadweight	ADJ
ftr-441	176	42	losses	loss	NOUN
ftr-441	176	43	.	.	PUNCT
ftr-441	177	1	finally	finally	ADV
ftr-441	177	2	,	,	PUNCT
ftr-441	177	3	to	to	ADP
ftr-441	177	4	the	the	DET
ftr-441	177	5	extent	extent	NOUN
ftr-441	177	6	simplification	simplification	NOUN
ftr-441	177	7	is	be	AUX
ftr-441	177	8	a	a	DET
ftr-441	177	9	tax	tax	NOUN
ftr-441	177	10	policy	policy	NOUN
ftr-441	177	11	goal	goal	NOUN
ftr-441	177	12	independent	independent	ADJ
ftr-441	177	13	of	of	ADP
ftr-441	177	14	equity	equity	NOUN
ftr-441	177	15	and	and	CCONJ
ftr-441	177	16	efficiency	efficiency	NOUN
ftr-441	177	17	concerns	concern	NOUN
ftr-441	177	18	,	,	PUNCT
ftr-441	177	19	it	it	PRON
ftr-441	177	20	is	be	AUX
ftr-441	177	21	certainly	certainly	ADV
ftr-441	177	22	not	not	PART
ftr-441	177	23	enhanced	enhance	VERB
ftr-441	177	24	by	by	ADP
ftr-441	177	25	current	current	ADJ
ftr-441	177	26	law	law	NOUN
ftr-441	177	27	.	.	PUNCT
ftr-441	178	1	in	in	ADP
ftr-441	178	2	conclusion	conclusion	NOUN
ftr-441	178	3	,	,	PUNCT
ftr-441	178	4	the	the	DET
ftr-441	178	5	current	current	ADJ
ftr-441	178	6	system	system	NOUN
ftr-441	178	7	of	of	ADP
ftr-441	178	8	taxing	tax	VERB
ftr-441	178	9	the	the	DET
ftr-441	178	10	income	income	NOUN
ftr-441	178	11	of	of	ADP
ftr-441	178	12	private	private	ADJ
ftr-441	178	13	business	business	NOUN
ftr-441	178	14	firms	firm	NOUN
ftr-441	178	15	has	have	AUX
ftr-441	178	16	evolved	evolve	VERB
ftr-441	178	17	into	into	ADP
ftr-441	178	18	one	one	NUM
ftr-441	178	19	which	which	PRON
ftr-441	178	20	is	be	AUX
ftr-441	178	21	inconsistent	inconsistent	ADJ
ftr-441	178	22	with	with	ADP
ftr-441	178	23	its	its	PRON
ftr-441	178	24	historical	historical	ADJ
ftr-441	178	25	roots	root	NOUN
ftr-441	178	26	and	and	CCONJ
ftr-441	178	27	violates	violate	VERB
ftr-441	178	28	important	important	ADJ
ftr-441	178	29	tax	tax	NOUN
ftr-441	178	30	policy	policy	NOUN
ftr-441	178	31	objectives	objective	NOUN
ftr-441	178	32	.	.	PUNCT
ftr-441	179	1	the	the	DET
ftr-441	179	2	balance	balance	NOUN
ftr-441	179	3	of	of	ADP
ftr-441	179	4	this	this	DET
ftr-441	179	5	article	article	NOUN
ftr-441	179	6	describes	describe	VERB
ftr-441	179	7	an	an	DET
ftr-441	179	8	alternative	alternative	ADJ
ftr-441	179	9	system	system	NOUN
ftr-441	179	10	for	for	ADP
ftr-441	179	11	such	such	ADJ
ftr-441	179	12	taxation	taxation	NOUN
ftr-441	179	13	.	.	PUNCT
ftr-441	180	1	iii	iii	X
ftr-441	180	2	.	.	PUNCT
ftr-441	181	1	taxation	taxation	NOUN
ftr-441	181	2	of	of	ADP
ftr-441	181	3	private	private	ADJ
ftr-441	181	4	firms	firm	NOUN
ftr-441	181	5	as	as	ADP
ftr-441	181	6	conduits	conduit	NOUN
ftr-441	181	7	a	a	DET
ftr-441	181	8	threshold	threshold	NOUN
ftr-441	181	9	question	question	NOUN
ftr-441	181	10	is	be	AUX
ftr-441	181	11	whether	whether	SCONJ
ftr-441	181	12	a	a	DET
ftr-441	181	13	private	private	ADJ
ftr-441	181	14	firm	firm	NOUN
ftr-441	181	15	should	should	AUX
ftr-441	181	16	be	be	AUX
ftr-441	181	17	treated	treat	VERB
ftr-441	181	18	as	as	ADP
ftr-441	181	19	a	a	DET
ftr-441	181	20	"	"	PUNCT
ftr-441	181	21	conduit	conduit	NOUN
ftr-441	181	22	"	"	PUNCT
ftr-441	181	23	or	or	CCONJ
ftr-441	181	24	an	an	DET
ftr-441	181	25	"	"	PUNCT
ftr-441	181	26	entity	entity	NOUN
ftr-441	181	27	"	"	PUNCT
ftr-441	181	28	for	for	ADP
ftr-441	181	29	tax	tax	NOUN
ftr-441	181	30	purposes	purpose	NOUN
ftr-441	181	31	.	.	PUNCT
ftr-441	182	1	under	under	ADP
ftr-441	182	2	conduit	conduit	NOUN
ftr-441	182	3	taxation	taxation	NOUN
ftr-441	182	4	,	,	PUNCT
ftr-441	182	5	the	the	DET
ftr-441	182	6	firm	firm	NOUN
ftr-441	182	7	is	be	AUX
ftr-441	182	8	not	not	PART
ftr-441	182	9	treated	treat	VERB
ftr-441	182	10	as	as	ADP
ftr-441	182	11	a	a	DET
ftr-441	182	12	taxpayer	taxpayer	NOUN
ftr-441	182	13	separate	separate	ADJ
ftr-441	182	14	and	and	CCONJ
ftr-441	182	15	apart	apart	ADV
ftr-441	182	16	from	from	ADP
ftr-441	182	17	its	its	PRON
ftr-441	182	18	owners	owner	NOUN
ftr-441	182	19	.	.	PUNCT
ftr-441	183	1	rather	rather	ADV
ftr-441	183	2	,	,	PUNCT
ftr-441	183	3	the	the	DET
ftr-441	183	4	firm	firm	NOUN
ftr-441	183	5	is	be	AUX
ftr-441	183	6	transparent	transparent	ADJ
ftr-441	183	7	for	for	ADP
ftr-441	183	8	tax	tax	NOUN
ftr-441	183	9	purposes	purpose	NOUN
ftr-441	183	10	;	;	PUNCT
ftr-441	183	11	its	its	PRON
ftr-441	183	12	various	various	ADJ
ftr-441	183	13	tax	tax	NOUN
ftr-441	183	14	items	item	NOUN
ftr-441	183	15	pass	pass	VERB
ftr-441	183	16	through	through	ADP
ftr-441	183	17	to	to	ADP
ftr-441	183	18	the	the	DET
ftr-441	183	19	owners	owner	NOUN
ftr-441	183	20	of	of	ADP
ftr-441	183	21	the	the	DET
ftr-441	183	22	firm	firm	NOUN
ftr-441	183	23	,	,	PUNCT
ftr-441	183	24	the	the	DET
ftr-441	183	25	real	real	ADJ
ftr-441	183	26	(	(	PUNCT
ftr-441	183	27	and	and	CCONJ
ftr-441	183	28	only	only	ADV
ftr-441	183	29	)	)	PUNCT
ftr-441	183	30	taxpayers	taxpayer	NOUN
ftr-441	183	31	in	in	ADP
ftr-441	183	32	interest	interest	NOUN
ftr-441	183	33	.	.	PUNCT
ftr-441	184	1	under	under	ADP
ftr-441	184	2	current	current	ADJ
ftr-441	184	3	law	law	NOUN
ftr-441	184	4	,	,	PUNCT
ftr-441	184	5	the	the	DET
ftr-441	184	6	purest	pure	ADJ
ftr-441	184	7	form	form	NOUN
ftr-441	184	8	of	of	ADP
ftr-441	184	9	conduit	conduit	NOUN
ftr-441	184	10	taxation	taxation	NOUN
ftr-441	184	11	is	be	AUX
ftr-441	184	12	found	find	VERB
ftr-441	184	13	in	in	ADP
ftr-441	184	14	the	the	DET
ftr-441	184	15	partnership	partnership	NOUN
ftr-441	184	16	tax	tax	NOUN
ftr-441	184	17	rules	rule	NOUN
ftr-441	184	18	of	of	ADP
ftr-441	184	19	subchapter	subchapter	NOUN
ftr-441	184	20	k.	k.	PROPN
ftr-441	184	21	27	27	NUM
ftr-441	184	22	.	.	PUNCT
ftr-441	185	1	see	see	VERB
ftr-441	185	2	william	william	PROPN
ftr-441	185	3	a.	a.	PROPN
ftr-441	185	4	klein	klein	PROPN
ftr-441	185	5	&	&	CCONJ
ftr-441	185	6	eric	eric	PROPN
ftr-441	185	7	m.	m.	PROPN
ftr-441	185	8	zolt	zolt	PROPN
ftr-441	185	9	,	,	PUNCT
ftr-441	185	10	business	business	NOUN
ftr-441	185	11	form	form	NOUN
ftr-441	185	12	,	,	PUNCT
ftr-441	185	13	limited	limited	ADJ
ftr-441	185	14	liability	liability	NOUN
ftr-441	185	15	,	,	PUNCT
ftr-441	185	16	and	and	CCONJ
ftr-441	185	17	tax	tax	NOUN
ftr-441	185	18	regimes	regime	NOUN
ftr-441	185	19	:	:	PUNCT
ftr-441	185	20	lurching	lurch	VERB
ftr-441	185	21	toward	toward	ADP
ftr-441	185	22	a	a	DET
ftr-441	185	23	coherent	coherent	ADJ
ftr-441	185	24	outcome	outcome	NOUN
ftr-441	185	25	?	?	PUNCT
ftr-441	185	26	,	,	PUNCT
ftr-441	185	27	66	66	NUM
ftr-441	185	28	u.	u.	PROPN
ftr-441	185	29	colo	colo	PROPN
ftr-441	185	30	.	.	PUNCT
ftr-441	186	1	l.	l.	PROPN
ftr-441	186	2	rev	rev	PROPN
ftr-441	186	3	.	.	PROPN
ftr-441	186	4	1001	1001	NUM
ftr-441	186	5	,	,	PUNCT
ftr-441	186	6	1012	1012	NUM
ftr-441	186	7	-	-	SYM
ftr-441	186	8	13	13	NUM
ftr-441	186	9	(	(	PUNCT
ftr-441	186	10	1995	1995	NUM
ftr-441	186	11	)	)	PUNCT
ftr-441	186	12	.	.	PUNCT
ftr-441	187	1	[	[	X
ftr-441	187	2	vol	vol	NOUN
ftr-441	187	3	4:3	4:3	NUM
ftr-441	187	4	the	the	DET
ftr-441	187	5	future	future	ADJ
ftr-441	187	6	taxation	taxation	NOUN
ftr-441	187	7	of	of	ADP
ftr-441	187	8	private	private	ADJ
ftr-441	187	9	business	business	NOUN
ftr-441	187	10	finns	finn	NOUN
ftr-441	187	11	in	in	ADP
ftr-441	187	12	contrast	contrast	NOUN
ftr-441	187	13	,	,	PUNCT
ftr-441	187	14	under	under	ADP
ftr-441	187	15	entity	entity	NOUN
ftr-441	187	16	taxation	taxation	NOUN
ftr-441	187	17	,	,	PUNCT
ftr-441	187	18	the	the	DET
ftr-441	187	19	firm	firm	NOUN
ftr-441	187	20	is	be	AUX
ftr-441	187	21	treated	treat	VERB
ftr-441	187	22	as	as	ADP
ftr-441	187	23	a	a	DET
ftr-441	187	24	taxable	taxable	ADJ
ftr-441	187	25	entity	entity	NOUN
ftr-441	187	26	in	in	ADP
ftr-441	187	27	its	its	PRON
ftr-441	187	28	own	own	ADJ
ftr-441	187	29	right	right	NOUN
ftr-441	187	30	.	.	PUNCT
ftr-441	188	1	although	although	SCONJ
ftr-441	188	2	entity	entity	NOUN
ftr-441	188	3	taxation	taxation	NOUN
ftr-441	188	4	is	be	AUX
ftr-441	188	5	often	often	ADV
ftr-441	188	6	associated	associate	VERB
ftr-441	188	7	with	with	ADP
ftr-441	188	8	the	the	DET
ftr-441	188	9	"	"	PUNCT
ftr-441	188	10	double	double	ADJ
ftr-441	188	11	tax	tax	NOUN
ftr-441	188	12	"	"	PUNCT
ftr-441	188	13	system	system	NOUN
ftr-441	188	14	of	of	ADP
ftr-441	188	15	subchapter	subchapter	NOUN
ftr-441	188	16	c	c	NOUN
ftr-441	188	17	,	,	PUNCT
ftr-441	188	18	it	it	PRON
ftr-441	188	19	need	need	AUX
ftr-441	188	20	not	not	PART
ftr-441	188	21	have	have	VERB
ftr-441	188	22	that	that	DET
ftr-441	188	23	consequence	consequence	NOUN
ftr-441	188	24	.	.	PUNCT
ftr-441	189	1	for	for	ADP
ftr-441	189	2	example	example	NOUN
ftr-441	189	3	,	,	PUNCT
ftr-441	189	4	in	in	ADP
ftr-441	189	5	1992	1992	NUM
ftr-441	189	6	,	,	PUNCT
ftr-441	189	7	the	the	DET
ftr-441	189	8	treasury	treasury	PROPN
ftr-441	189	9	department	department	PROPN
ftr-441	189	10	recommended	recommend	VERB
ftr-441	189	11	exploration	exploration	NOUN
ftr-441	189	12	of	of	ADP
ftr-441	189	13	an	an	DET
ftr-441	189	14	approach	approach	NOUN
ftr-441	189	15	,	,	PUNCT
ftr-441	189	16	termed	term	VERB
ftr-441	189	17	the	the	DET
ftr-441	189	18	comprehensive	comprehensive	ADJ
ftr-441	189	19	business	business	NOUN
ftr-441	189	20	income	income	NOUN
ftr-441	189	21	tax	tax	NOUN
ftr-441	189	22	(	(	PUNCT
ftr-441	189	23	cbit	cbit	NOUN
ftr-441	189	24	)	)	PUNCT
ftr-441	189	25	,	,	PUNCT
ftr-441	189	26	which	which	PRON
ftr-441	189	27	would	would	AUX
ftr-441	189	28	subject	subject	VERB
ftr-441	189	29	the	the	DET
ftr-441	189	30	income	income	NOUN
ftr-441	189	31	of	of	ADP
ftr-441	189	32	all	all	DET
ftr-441	189	33	business	business	NOUN
ftr-441	189	34	entities	entity	NOUN
ftr-441	189	35	(	(	PUNCT
ftr-441	189	36	except	except	SCONJ
ftr-441	189	37	for	for	ADP
ftr-441	189	38	extremely	extremely	ADV
ftr-441	189	39	small	small	ADJ
ftr-441	189	40	ones	one	NOUN
ftr-441	189	41	in	in	ADP
ftr-441	189	42	terms	term	NOUN
ftr-441	189	43	of	of	ADP
ftr-441	189	44	gross	gross	ADJ
ftr-441	189	45	receipts	receipt	NOUN
ftr-441	189	46	)	)	PUNCT
ftr-441	189	47	,	,	PUNCT
ftr-441	189	48	including	include	VERB
ftr-441	189	49	sole	sole	ADJ
ftr-441	189	50	proprietorships	proprietorship	NOUN
ftr-441	189	51	,	,	PUNCT
ftr-441	189	52	partnerships	partnership	NOUN
ftr-441	189	53	,	,	PUNCT
ftr-441	189	54	corporations	corporation	NOUN
ftr-441	189	55	,	,	PUNCT
ftr-441	189	56	and	and	CCONJ
ftr-441	189	57	firms	firm	NOUN
ftr-441	189	58	organized	organize	VERB
ftr-441	189	59	in	in	ADP
ftr-441	189	60	other	other	ADJ
ftr-441	189	61	business	business	NOUN
ftr-441	189	62	forms	form	NOUN
ftr-441	189	63	,	,	PUNCT
ftr-441	189	64	to	to	ADP
ftr-441	189	65	a	a	DET
ftr-441	189	66	single	single	ADJ
ftr-441	189	67	,	,	PUNCT
ftr-441	189	68	comprehensive	comprehensive	ADJ
ftr-441	189	69	entity	entity	NOUN
ftr-441	189	70	-	-	PUNCT
ftr-441	189	71	level	level	NOUN
ftr-441	189	72	tax	tax	NOUN
ftr-441	189	73	,	,	PUNCT
ftr-441	189	74	with	with	SCONJ
ftr-441	189	75	generally	generally	ADV
ftr-441	189	76	no	no	DET
ftr-441	189	77	further	further	ADJ
ftr-441	189	78	income	income	NOUN
ftr-441	189	79	tax	tax	NOUN
ftr-441	189	80	consequences	consequence	NOUN
ftr-441	189	81	at	at	ADP
ftr-441	189	82	the	the	DET
ftr-441	189	83	owner	owner	NOUN
ftr-441	189	84	level.2	level.2	PROPN
ftr-441	189	85	other	other	ADJ
ftr-441	189	86	,	,	PUNCT
ftr-441	189	87	similar	similar	ADJ
ftr-441	189	88	proposals	proposal	NOUN
ftr-441	189	89	have	have	AUX
ftr-441	189	90	been	be	AUX
ftr-441	189	91	advanced	advance	VERB
ftr-441	189	92	over	over	ADP
ftr-441	189	93	the	the	DET
ftr-441	189	94	years.29	years.29	NOUN
ftr-441	189	95	the	the	DET
ftr-441	189	96	treasury	treasury	PROPN
ftr-441	189	97	estimated	estimate	VERB
ftr-441	189	98	that	that	SCONJ
ftr-441	189	99	cbit	cbit	NOUN
ftr-441	189	100	would	would	AUX
ftr-441	189	101	produce	produce	VERB
ftr-441	189	102	greater	great	ADJ
ftr-441	189	103	welfare	welfare	NOUN
ftr-441	189	104	gains	gain	NOUN
ftr-441	189	105	than	than	ADP
ftr-441	189	106	any	any	DET
ftr-441	189	107	other	other	ADJ
ftr-441	189	108	form	form	NOUN
ftr-441	189	109	of	of	ADP
ftr-441	189	110	corporate	corporate	ADJ
ftr-441	189	111	integration	integration	NOUN
ftr-441	189	112	,	,	PUNCT
ftr-441	189	113	including	include	VERB
ftr-441	189	114	treasury	treasury	PROPN
ftr-441	189	115	's	's	PART
ftr-441	189	116	version	version	NOUN
ftr-441	189	117	of	of	ADP
ftr-441	189	118	partnership	partnership	NOUN
ftr-441	189	119	-	-	PUNCT
ftr-441	189	120	style	style	NOUN
ftr-441	189	121	integration	integration	NOUN
ftr-441	189	122	.	.	PUNCT
ftr-441	190	1	3	3	NUM
ftr-441	190	2	the	the	DET
ftr-441	190	3	following	follow	VERB
ftr-441	190	4	sections	section	NOUN
ftr-441	190	5	explore	explore	VERB
ftr-441	190	6	some	some	PRON
ftr-441	190	7	of	of	ADP
ftr-441	190	8	the	the	DET
ftr-441	190	9	pros	pro	NOUN
ftr-441	190	10	and	and	CCONJ
ftr-441	190	11	cons	con	NOUN
ftr-441	190	12	of	of	ADP
ftr-441	190	13	conduit	conduit	NOUN
ftr-441	190	14	and	and	CCONJ
ftr-441	190	15	entity	entity	NOUN
ftr-441	190	16	taxation	taxation	NOUN
ftr-441	190	17	.	.	PUNCT
ftr-441	190	18	'	'	PUNCT
ftr-441	191	1	although	although	SCONJ
ftr-441	191	2	the	the	DET
ftr-441	191	3	choice	choice	NOUN
ftr-441	191	4	is	be	AUX
ftr-441	191	5	a	a	DET
ftr-441	191	6	close	close	ADJ
ftr-441	191	7	one	one	NUM
ftr-441	191	8	,	,	PUNCT
ftr-441	191	9	the	the	DET
ftr-441	191	10	conclusion	conclusion	NOUN
ftr-441	191	11	is	be	AUX
ftr-441	191	12	that	that	SCONJ
ftr-441	191	13	all	all	DET
ftr-441	191	14	private	private	ADJ
ftr-441	191	15	firms	firm	NOUN
ftr-441	191	16	should	should	AUX
ftr-441	191	17	be	be	AUX
ftr-441	191	18	taxed	tax	VERB
ftr-441	191	19	in	in	ADP
ftr-441	191	20	accordance	accordance	NOUN
ftr-441	191	21	with	with	ADP
ftr-441	191	22	a	a	DET
ftr-441	191	23	conduit	conduit	NOUN
ftr-441	191	24	approach	approach	NOUN
ftr-441	191	25	.	.	PUNCT
ftr-441	192	1	a.	a.	NOUN
ftr-441	193	1	the	the	DET
ftr-441	193	2	basic	basic	ADJ
ftr-441	193	3	case	case	NOUN
ftr-441	193	4	for	for	ADP
ftr-441	193	5	conduit	conduit	NOUN
ftr-441	193	6	taxation	taxation	NOUN
ftr-441	193	7	the	the	DET
ftr-441	193	8	most	most	ADV
ftr-441	193	9	basic	basic	ADJ
ftr-441	193	10	form	form	NOUN
ftr-441	193	11	of	of	ADP
ftr-441	193	12	business	business	NOUN
ftr-441	193	13	is	be	AUX
ftr-441	193	14	the	the	DET
ftr-441	193	15	sole	sole	ADJ
ftr-441	193	16	proprietorship	proprietorship	NOUN
ftr-441	193	17	.	.	PUNCT
ftr-441	194	1	sole	sole	ADJ
ftr-441	194	2	proprietors	proprietor	NOUN
ftr-441	194	3	have	have	AUX
ftr-441	194	4	historically	historically	ADV
ftr-441	194	5	been	be	AUX
ftr-441	194	6	taxed	tax	VERB
ftr-441	194	7	directly	directly	ADV
ftr-441	194	8	on	on	ADP
ftr-441	194	9	their	their	PRON
ftr-441	194	10	proprietorship	proprietorship	NOUN
ftr-441	194	11	income	income	NOUN
ftr-441	194	12	as	as	SCONJ
ftr-441	194	13	it	it	PRON
ftr-441	194	14	arises	arise	VERB
ftr-441	194	15	and	and	CCONJ
ftr-441	194	16	been	be	AUX
ftr-441	194	17	entitled	entitle	VERB
ftr-441	194	18	to	to	PART
ftr-441	194	19	deduct	deduct	VERB
ftr-441	194	20	currently	currently	ADV
ftr-441	194	21	any	any	DET
ftr-441	194	22	losses	loss	NOUN
ftr-441	194	23	of	of	ADP
ftr-441	194	24	the	the	DET
ftr-441	194	25	enterprise	enterprise	NOUN
ftr-441	194	26	as	as	SCONJ
ftr-441	194	27	they	they	PRON
ftr-441	194	28	arise	arise	VERB
ftr-441	194	29	.	.	PUNCT
ftr-441	195	1	the	the	DET
ftr-441	195	2	business	business	NOUN
ftr-441	195	3	itself	itself	PRON
ftr-441	195	4	has	have	AUX
ftr-441	195	5	not	not	PART
ftr-441	195	6	been	be	AUX
ftr-441	195	7	subject	subject	ADJ
ftr-441	195	8	to	to	ADP
ftr-441	195	9	a	a	DET
ftr-441	195	10	separate	separate	ADJ
ftr-441	195	11	federal	federal	ADJ
ftr-441	195	12	income	income	NOUN
ftr-441	195	13	tax	tax	NOUN
ftr-441	195	14	.	.	PUNCT
ftr-441	196	1	it	it	PRON
ftr-441	196	2	would	would	AUX
ftr-441	196	3	theoretically	theoretically	ADV
ftr-441	196	4	be	be	AUX
ftr-441	196	5	possible	possible	ADJ
ftr-441	196	6	to	to	PART
ftr-441	196	7	treat	treat	VERB
ftr-441	196	8	a	a	DET
ftr-441	196	9	proprietorship	proprietorship	NOUN
ftr-441	196	10	as	as	ADP
ftr-441	196	11	a	a	DET
ftr-441	196	12	taxpayer	taxpayer	NOUN
ftr-441	196	13	separate	separate	ADJ
ftr-441	196	14	from	from	ADP
ftr-441	196	15	its	its	PRON
ftr-441	196	16	proprietor	proprietor	NOUN
ftr-441	196	17	,	,	PUNCT
ftr-441	196	18	but	but	CCONJ
ftr-441	196	19	such	such	DET
ftr-441	196	20	a	a	DET
ftr-441	196	21	system	system	NOUN
ftr-441	196	22	would	would	AUX
ftr-441	196	23	be	be	AUX
ftr-441	196	24	very	very	ADV
ftr-441	196	25	problematic	problematic	ADJ
ftr-441	196	26	,	,	PUNCT
ftr-441	196	27	depending	depend	VERB
ftr-441	196	28	upon	upon	SCONJ
ftr-441	196	29	the	the	DET
ftr-441	196	30	applicable	applicable	ADJ
ftr-441	196	31	tax	tax	NOUN
ftr-441	196	32	rate	rate	NOUN
ftr-441	196	33	structure	structure	NOUN
ftr-441	196	34	.	.	PUNCT
ftr-441	197	1	for	for	ADP
ftr-441	197	2	example	example	NOUN
ftr-441	197	3	,	,	PUNCT
ftr-441	197	4	if	if	SCONJ
ftr-441	197	5	all	all	DET
ftr-441	197	6	proprietorships	proprietorship	NOUN
ftr-441	197	7	were	be	AUX
ftr-441	197	8	treated	treat	VERB
ftr-441	197	9	as	as	ADP
ftr-441	197	10	taxpayers	taxpayer	NOUN
ftr-441	197	11	subject	subject	ADJ
ftr-441	197	12	to	to	ADP
ftr-441	197	13	a	a	DET
ftr-441	197	14	flat	flat	ADJ
ftr-441	197	15	30	30	NUM
ftr-441	197	16	%	%	NOUN
ftr-441	197	17	income	income	NOUN
ftr-441	197	18	tax	tax	NOUN
ftr-441	197	19	rate	rate	NOUN
ftr-441	197	20	,	,	PUNCT
ftr-441	197	21	then	then	ADV
ftr-441	197	22	individuals	individual	NOUN
ftr-441	197	23	in	in	ADP
ftr-441	197	24	marginal	marginal	ADJ
ftr-441	197	25	tax	tax	NOUN
ftr-441	197	26	brackets	bracket	NOUN
ftr-441	197	27	higher	high	ADJ
ftr-441	197	28	than	than	ADP
ftr-441	197	29	30	30	NUM
ftr-441	197	30	%	%	NOUN
ftr-441	197	31	might	might	AUX
ftr-441	197	32	be	be	AUX
ftr-441	197	33	encouraged	encourage	VERB
ftr-441	197	34	to	to	PART
ftr-441	197	35	redesign	redesign	VERB
ftr-441	197	36	their	their	PRON
ftr-441	197	37	economic	economic	ADJ
ftr-441	197	38	arrangements	arrangement	NOUN
ftr-441	197	39	to	to	PART
ftr-441	197	40	generate	generate	VERB
ftr-441	197	41	proprietorship	proprietorship	NOUN
ftr-441	197	42	income	income	NOUN
ftr-441	197	43	for	for	ADP
ftr-441	197	44	themselves	themselves	PRON
ftr-441	197	45	rather	rather	ADV
ftr-441	197	46	than	than	ADP
ftr-441	197	47	wages	wage	NOUN
ftr-441	197	48	or	or	CCONJ
ftr-441	197	49	other	other	ADJ
ftr-441	197	50	income	income	NOUN
ftr-441	197	51	.	.	PUNCT
ftr-441	198	1	2	2	NUM
ftr-441	198	2	meanwhile	meanwhile	ADV
ftr-441	198	3	,	,	PUNCT
ftr-441	198	4	28	28	NUM
ftr-441	198	5	.	.	PUNCT
ftr-441	199	1	u.s	u.s	PROPN
ftr-441	199	2	.	.	PROPN
ftr-441	199	3	dep't	dep't	NOUN
ftr-441	199	4	of	of	ADP
ftr-441	199	5	treasury	treasury	NOUN
ftr-441	199	6	,	,	PUNCT
ftr-441	199	7	integration	integration	NOUN
ftr-441	199	8	of	of	ADP
ftr-441	199	9	the	the	DET
ftr-441	199	10	individual	individual	ADJ
ftr-441	199	11	and	and	CCONJ
ftr-441	199	12	corporate	corporate	ADJ
ftr-441	199	13	tax	tax	NOUN
ftr-441	199	14	systems	system	NOUN
ftr-441	199	15	:	:	PUNCT
ftr-441	199	16	taxing	tax	VERB
ftr-441	199	17	business	business	NOUN
ftr-441	199	18	income	income	NOUN
ftr-441	199	19	once	once	ADV
ftr-441	199	20	(	(	PUNCT
ftr-441	199	21	1992	1992	NUM
ftr-441	199	22	)	)	PUNCT
ftr-441	200	1	[	[	X
ftr-441	200	2	hereinafter	hereinafter	NOUN
ftr-441	200	3	treasury	treasury	NOUN
ftr-441	200	4	integration	integration	NOUN
ftr-441	200	5	report	report	NOUN
ftr-441	200	6	]	]	X
ftr-441	200	7	.	.	PUNCT
ftr-441	201	1	29	29	NUM
ftr-441	201	2	.	.	PUNCT
ftr-441	202	1	see	see	VERB
ftr-441	202	2	mortimer	mortimer	PROPN
ftr-441	202	3	m.	m.	PROPN
ftr-441	202	4	caplin	caplin	PROPN
ftr-441	202	5	,	,	PUNCT
ftr-441	202	6	income	income	NOUN
ftr-441	202	7	tax	tax	NOUN
ftr-441	202	8	pressures	pressure	NOUN
ftr-441	202	9	on	on	ADP
ftr-441	202	10	the	the	DET
ftr-441	202	11	form	form	NOUN
ftr-441	202	12	of	of	ADP
ftr-441	202	13	business	business	NOUN
ftr-441	202	14	organization	organization	NOUN
ftr-441	202	15	:	:	PUNCT
ftr-441	202	16	is	be	AUX
ftr-441	202	17	it	it	PRON
ftr-441	202	18	time	time	NOUN
ftr-441	202	19	for	for	ADP
ftr-441	202	20	a	a	DET
ftr-441	202	21	"	"	PUNCT
ftr-441	202	22	doing	do	VERB
ftr-441	202	23	business	business	NOUN
ftr-441	202	24	"	"	PUNCT
ftr-441	202	25	tax	tax	NOUN
ftr-441	202	26	?	?	PUNCT
ftr-441	202	27	,	,	PUNCT
ftr-441	202	28	47	47	NUM
ftr-441	202	29	va	va	NOUN
ftr-441	202	30	.	.	PUNCT
ftr-441	203	1	l.	l.	PROPN
ftr-441	203	2	rev	rev	PROPN
ftr-441	203	3	.	.	PROPN
ftr-441	204	1	249	249	NUM
ftr-441	204	2	,	,	PUNCT
ftr-441	204	3	261	261	NUM
ftr-441	204	4	(	(	PUNCT
ftr-441	204	5	1961	1961	NUM
ftr-441	204	6	)	)	PUNCT
ftr-441	204	7	(	(	PUNCT
ftr-441	204	8	suggesting	suggest	VERB
ftr-441	204	9	adoption	adoption	NOUN
ftr-441	204	10	of	of	ADP
ftr-441	204	11	an	an	DET
ftr-441	204	12	entity	entity	NOUN
ftr-441	204	13	-	-	PUNCT
ftr-441	204	14	level	level	NOUN
ftr-441	204	15	tax	tax	NOUN
ftr-441	204	16	on	on	ADP
ftr-441	204	17	the	the	DET
ftr-441	204	18	profits	profit	NOUN
ftr-441	204	19	of	of	ADP
ftr-441	204	20	virtually	virtually	ADV
ftr-441	204	21	all	all	DET
ftr-441	204	22	business	business	NOUN
ftr-441	204	23	enterprises	enterprise	NOUN
ftr-441	204	24	,	,	PUNCT
ftr-441	204	25	whether	whether	SCONJ
ftr-441	204	26	incorporated	incorporate	VERB
ftr-441	204	27	or	or	CCONJ
ftr-441	204	28	not	not	PART
ftr-441	204	29	,	,	PUNCT
ftr-441	204	30	combined	combine	VERB
ftr-441	204	31	with	with	ADP
ftr-441	204	32	a	a	DET
ftr-441	204	33	lowering	lowering	NOUN
ftr-441	204	34	of	of	ADP
ftr-441	204	35	dividend	dividend	NOUN
ftr-441	204	36	taxes	taxis	NOUN
ftr-441	204	37	to	to	PART
ftr-441	204	38	alleviate	alleviate	VERB
ftr-441	204	39	concerns	concern	NOUN
ftr-441	204	40	of	of	ADP
ftr-441	204	41	double	double	ADJ
ftr-441	204	42	taxation	taxation	NOUN
ftr-441	204	43	)	)	PUNCT
ftr-441	204	44	.	.	PUNCT
ftr-441	205	1	30	30	NUM
ftr-441	205	2	.	.	PUNCT
ftr-441	206	1	see	see	VERB
ftr-441	206	2	treasury	treasury	NOUN
ftr-441	206	3	integration	integration	NOUN
ftr-441	206	4	report	report	NOUN
ftr-441	206	5	,	,	PUNCT
ftr-441	206	6	supra	supra	PROPN
ftr-441	206	7	note	note	PROPN
ftr-441	206	8	28	28	NUM
ftr-441	206	9	,	,	PUNCT
ftr-441	206	10	at	at	ADP
ftr-441	206	11	134	134	NUM
ftr-441	206	12	(	(	PUNCT
ftr-441	206	13	table	table	NOUN
ftr-441	206	14	13.8	13.8	NUM
ftr-441	206	15	)	)	PUNCT
ftr-441	206	16	.	.	PUNCT
ftr-441	207	1	139	139	NUM
ftr-441	207	2	-	-	SYM
ftr-441	207	3	141	141	NUM
ftr-441	207	4	.	.	PUNCT
ftr-441	208	1	31	31	NUM
ftr-441	208	2	.	.	PUNCT
ftr-441	209	1	a	a	DET
ftr-441	209	2	third	third	ADJ
ftr-441	209	3	option	option	NOUN
ftr-441	209	4	is	be	AUX
ftr-441	209	5	a	a	DET
ftr-441	209	6	hybrid	hybrid	ADJ
ftr-441	209	7	approach	approach	NOUN
ftr-441	209	8	in	in	ADP
ftr-441	209	9	which	which	PRON
ftr-441	209	10	low	low	ADJ
ftr-441	209	11	-	-	PUNCT
ftr-441	209	12	rate	rate	NOUN
ftr-441	209	13	taxes	taxis	NOUN
ftr-441	209	14	at	at	ADP
ftr-441	209	15	both	both	CCONJ
ftr-441	209	16	the	the	DET
ftr-441	209	17	firm	firm	ADJ
ftr-441	209	18	and	and	CCONJ
ftr-441	209	19	owner	owner	NOUN
ftr-441	209	20	levels	level	NOUN
ftr-441	209	21	equate	equate	VERB
ftr-441	209	22	to	to	ADP
ftr-441	209	23	a	a	DET
ftr-441	209	24	single	single	ADJ
ftr-441	209	25	tax	tax	NOUN
ftr-441	209	26	on	on	ADP
ftr-441	209	27	business	business	NOUN
ftr-441	209	28	income	income	NOUN
ftr-441	209	29	.	.	PUNCT
ftr-441	210	1	see	see	VERB
ftr-441	210	2	george	george	PROPN
ftr-441	210	3	k.	k.	PROPN
ftr-441	210	4	yin	yin	PROPN
ftr-441	210	5	,	,	PUNCT
ftr-441	210	6	corporate	corporate	ADJ
ftr-441	210	7	tax	tax	NOUN
ftr-441	210	8	integration	integration	NOUN
ftr-441	210	9	and	and	CCONJ
ftr-441	210	10	the	the	DET
ftr-441	210	11	search	search	NOUN
ftr-441	210	12	for	for	ADP
ftr-441	210	13	the	the	DET
ftr-441	210	14	pragmatic	pragmatic	ADJ
ftr-441	210	15	ideal	ideal	NOUN
ftr-441	210	16	,	,	PUNCT
ftr-441	210	17	47	47	NUM
ftr-441	210	18	tax	tax	NOUN
ftr-441	210	19	l	l	NOUN
ftr-441	210	20	rev	rev	X
ftr-441	210	21	.	.	PROPN
ftr-441	210	22	431	431	NUM
ftr-441	210	23	,	,	PUNCT
ftr-441	210	24	480	480	NUM
ftr-441	210	25	-	-	SYM
ftr-441	210	26	501	501	NUM
ftr-441	210	27	(	(	PUNCT
ftr-441	210	28	1992	1992	NUM
ftr-441	210	29	)	)	PUNCT
ftr-441	210	30	.	.	PUNCT
ftr-441	211	1	32	32	NUM
ftr-441	211	2	.	.	PUNCT
ftr-441	212	1	this	this	DET
ftr-441	212	2	discussion	discussion	NOUN
ftr-441	212	3	ignores	ignore	VERB
ftr-441	212	4	the	the	DET
ftr-441	212	5	potentially	potentially	ADV
ftr-441	212	6	significant	significant	ADJ
ftr-441	212	7	effect	effect	NOUN
ftr-441	212	8	of	of	ADP
ftr-441	212	9	employment	employment	NOUN
ftr-441	212	10	and	and	CCONJ
ftr-441	212	11	state	state	NOUN
ftr-441	212	12	and	and	CCONJ
ftr-441	212	13	local	local	ADJ
ftr-441	212	14	taxes	taxis	NOUN
ftr-441	212	15	on	on	ADP
ftr-441	212	16	the	the	DET
ftr-441	212	17	choice	choice	NOUN
ftr-441	212	18	of	of	ADP
ftr-441	212	19	compensation	compensation	NOUN
ftr-441	212	20	arrangement	arrangement	NOUN
ftr-441	212	21	.	.	PUNCT
ftr-441	213	1	19991	19991	NUM
ftr-441	213	2	florida	florida	PROPN
ftr-441	213	3	tax	tax	NOUN
ftr-441	213	4	review	review	NOUN
ftr-441	213	5	proprietors	proprietor	NOUN
ftr-441	213	6	in	in	ADP
ftr-441	213	7	marginal	marginal	ADJ
ftr-441	213	8	tax	tax	NOUN
ftr-441	213	9	brackets	bracket	NOUN
ftr-441	213	10	less	less	ADJ
ftr-441	213	11	than	than	ADP
ftr-441	213	12	30	30	NUM
ftr-441	213	13	%	%	NOUN
ftr-441	213	14	might	might	AUX
ftr-441	213	15	be	be	AUX
ftr-441	213	16	encouraged	encourage	VERB
ftr-441	213	17	to	to	PART
ftr-441	213	18	employ	employ	VERB
ftr-441	213	19	the	the	DET
ftr-441	213	20	opposite	opposite	ADJ
ftr-441	213	21	strategy	strategy	NOUN
ftr-441	213	22	.	.	PUNCT
ftr-441	214	1	for	for	ADP
ftr-441	214	2	instance	instance	NOUN
ftr-441	214	3	,	,	PUNCT
ftr-441	214	4	they	they	PRON
ftr-441	214	5	might	might	AUX
ftr-441	214	6	increase	increase	VERB
ftr-441	214	7	the	the	DET
ftr-441	214	8	level	level	NOUN
ftr-441	214	9	of	of	ADP
ftr-441	214	10	deductible	deductible	ADJ
ftr-441	214	11	salary	salary	NOUN
ftr-441	214	12	payments	payment	NOUN
ftr-441	214	13	paid	pay	VERB
ftr-441	214	14	by	by	ADP
ftr-441	214	15	their	their	PRON
ftr-441	214	16	proprietorship	proprietorship	NOUN
ftr-441	214	17	to	to	ADP
ftr-441	214	18	themselves	themselves	PRON
ftr-441	214	19	.	.	PUNCT
ftr-441	215	1	given	give	VERB
ftr-441	215	2	the	the	DET
ftr-441	215	3	absence	absence	NOUN
ftr-441	215	4	of	of	ADP
ftr-441	215	5	arm	arm	NOUN
ftr-441	215	6	's	's	PART
ftr-441	215	7	length	length	NOUN
ftr-441	215	8	dealing	deal	VERB
ftr-441	215	9	in	in	ADP
ftr-441	215	10	a	a	DET
ftr-441	215	11	proprietorship	proprietorship	NOUN
ftr-441	215	12	,	,	PUNCT
ftr-441	215	13	it	it	PRON
ftr-441	215	14	would	would	AUX
ftr-441	215	15	presumably	presumably	ADV
ftr-441	215	16	be	be	AUX
ftr-441	215	17	extremely	extremely	ADV
ftr-441	215	18	difficult	difficult	ADJ
ftr-441	215	19	for	for	SCONJ
ftr-441	215	20	the	the	DET
ftr-441	215	21	irs	irs	PROPN
ftr-441	215	22	to	to	PART
ftr-441	215	23	monitor	monitor	VERB
ftr-441	215	24	and	and	CCONJ
ftr-441	215	25	prevent	prevent	VERB
ftr-441	215	26	purely	purely	ADV
ftr-441	215	27	taxmotivated	taxmotivate	VERB
ftr-441	215	28	arrangements	arrangement	NOUN
ftr-441	215	29	of	of	ADP
ftr-441	215	30	this	this	DET
ftr-441	215	31	sort	sort	NOUN
ftr-441	215	32	.	.	PUNCT
ftr-441	216	1	taxing	tax	VERB
ftr-441	216	2	the	the	DET
ftr-441	216	3	proprietorship	proprietorship	NOUN
ftr-441	216	4	's	's	PART
ftr-441	216	5	income	income	NOUN
ftr-441	216	6	in	in	ADP
ftr-441	216	7	a	a	DET
ftr-441	216	8	progressive	progressive	ADJ
ftr-441	216	9	manner	manner	NOUN
ftr-441	216	10	would	would	AUX
ftr-441	216	11	not	not	PART
ftr-441	216	12	improve	improve	VERB
ftr-441	216	13	matters	matter	NOUN
ftr-441	216	14	because	because	SCONJ
ftr-441	216	15	there	there	PRON
ftr-441	216	16	still	still	ADV
ftr-441	216	17	would	would	AUX
ftr-441	216	18	not	not	PART
ftr-441	216	19	be	be	AUX
ftr-441	216	20	any	any	DET
ftr-441	216	21	necessary	necessary	ADJ
ftr-441	216	22	correlation	correlation	NOUN
ftr-441	216	23	between	between	ADP
ftr-441	216	24	the	the	DET
ftr-441	216	25	proprietorship	proprietorship	NOUN
ftr-441	216	26	's	's	PART
ftr-441	216	27	tax	tax	NOUN
ftr-441	216	28	rate	rate	NOUN
ftr-441	216	29	and	and	CCONJ
ftr-441	216	30	the	the	DET
ftr-441	216	31	proprietor	proprietor	NOUN
ftr-441	216	32	's	's	PART
ftr-441	216	33	ability	ability	NOUN
ftr-441	216	34	to	to	PART
ftr-441	216	35	pay	pay	VERB
ftr-441	216	36	.	.	PUNCT
ftr-441	217	1	the	the	DET
ftr-441	217	2	proprietor	proprietor	NOUN
ftr-441	217	3	may	may	AUX
ftr-441	217	4	well	well	ADV
ftr-441	217	5	have	have	VERB
ftr-441	217	6	income	income	NOUN
ftr-441	217	7	or	or	CCONJ
ftr-441	217	8	losses	loss	NOUN
ftr-441	217	9	from	from	ADP
ftr-441	217	10	other	other	ADJ
ftr-441	217	11	sources	source	NOUN
ftr-441	217	12	.	.	PUNCT
ftr-441	218	1	it	it	PRON
ftr-441	218	2	is	be	AUX
ftr-441	218	3	for	for	ADP
ftr-441	218	4	this	this	DET
ftr-441	218	5	same	same	ADJ
ftr-441	218	6	reason	reason	NOUN
ftr-441	218	7	that	that	SCONJ
ftr-441	218	8	the	the	DET
ftr-441	218	9	graduated	graduate	VERB
ftr-441	218	10	tax	tax	NOUN
ftr-441	218	11	rate	rate	NOUN
ftr-441	218	12	structure	structure	NOUN
ftr-441	218	13	under	under	ADP
ftr-441	218	14	which	which	PRON
ftr-441	218	15	many	many	ADJ
ftr-441	218	16	corporations	corporation	NOUN
ftr-441	218	17	are	be	AUX
ftr-441	218	18	taxed	tax	VERB
ftr-441	218	19	today	today	NOUN
ftr-441	218	20	does	do	AUX
ftr-441	218	21	not	not	PART
ftr-441	218	22	carry	carry	VERB
ftr-441	218	23	out	out	ADP
ftr-441	218	24	any	any	DET
ftr-441	218	25	vertical	vertical	ADJ
ftr-441	218	26	equity	equity	NOUN
ftr-441	218	27	objective.33	objective.33	NOUN
ftr-441	218	28	assuming	assume	VERB
ftr-441	218	29	proprietors	proprietor	NOUN
ftr-441	218	30	are	be	AUX
ftr-441	218	31	to	to	PART
ftr-441	218	32	continue	continue	VERB
ftr-441	218	33	to	to	PART
ftr-441	218	34	be	be	AUX
ftr-441	218	35	taxed	tax	VERB
ftr-441	218	36	directly	directly	ADV
ftr-441	218	37	on	on	ADP
ftr-441	218	38	their	their	PRON
ftr-441	218	39	business	business	NOUN
ftr-441	218	40	income	income	NOUN
ftr-441	218	41	and	and	CCONJ
ftr-441	218	42	losses	loss	NOUN
ftr-441	218	43	,	,	PUNCT
ftr-441	218	44	then	then	ADV
ftr-441	218	45	it	it	PRON
ftr-441	218	46	follows	follow	VERB
ftr-441	218	47	that	that	SCONJ
ftr-441	218	48	businesses	business	NOUN
ftr-441	218	49	with	with	ADP
ftr-441	218	50	more	more	ADJ
ftr-441	218	51	than	than	ADP
ftr-441	218	52	one	one	NUM
ftr-441	218	53	owner	owner	NOUN
ftr-441	218	54	should	should	AUX
ftr-441	218	55	likewise	likewise	ADV
ftr-441	218	56	be	be	AUX
ftr-441	218	57	taxed	tax	VERB
ftr-441	218	58	as	as	ADP
ftr-441	218	59	conduits	conduit	NOUN
ftr-441	218	60	.	.	PUNCT
ftr-441	219	1	if	if	SCONJ
ftr-441	219	2	the	the	DET
ftr-441	219	3	proprietorship	proprietorship	NOUN
ftr-441	219	4	is	be	AUX
ftr-441	219	5	not	not	PART
ftr-441	219	6	treated	treat	VERB
ftr-441	219	7	as	as	ADP
ftr-441	219	8	a	a	DET
ftr-441	219	9	separate	separate	ADJ
ftr-441	219	10	taxpayer	taxpayer	NOUN
ftr-441	219	11	,	,	PUNCT
ftr-441	219	12	it	it	PRON
ftr-441	219	13	is	be	AUX
ftr-441	219	14	difficult	difficult	ADJ
ftr-441	219	15	to	to	PART
ftr-441	219	16	see	see	VERB
ftr-441	219	17	why	why	SCONJ
ftr-441	219	18	,	,	PUNCT
ftr-441	219	19	say	say	INTJ
ftr-441	219	20	,	,	PUNCT
ftr-441	219	21	a	a	DET
ftr-441	219	22	two	two	NUM
ftr-441	219	23	-	-	PUNCT
ftr-441	219	24	person	person	NOUN
ftr-441	219	25	general	general	ADJ
ftr-441	219	26	partnership	partnership	NOUN
ftr-441	219	27	should	should	AUX
ftr-441	219	28	be	be	AUX
ftr-441	219	29	so	so	ADV
ftr-441	219	30	treated	treat	VERB
ftr-441	219	31	.	.	PUNCT
ftr-441	220	1	further	further	ADJ
ftr-441	220	2	analogies	analogy	NOUN
ftr-441	220	3	then	then	ADV
ftr-441	220	4	might	might	AUX
ftr-441	220	5	suggest	suggest	VERB
ftr-441	220	6	that	that	SCONJ
ftr-441	220	7	no	no	DET
ftr-441	220	8	business	business	NOUN
ftr-441	220	9	firm	firm	NOUN
ftr-441	220	10	should	should	AUX
ftr-441	220	11	be	be	AUX
ftr-441	220	12	separately	separately	ADV
ftr-441	220	13	taxed	tax	VERB
ftr-441	220	14	.	.	PUNCT
ftr-441	221	1	as	as	ADP
ftr-441	221	2	an	an	DET
ftr-441	221	3	economic	economic	ADJ
ftr-441	221	4	matter	matter	NOUN
ftr-441	221	5	,	,	PUNCT
ftr-441	221	6	if	if	SCONJ
ftr-441	221	7	proprietors	proprietor	NOUN
ftr-441	221	8	are	be	AUX
ftr-441	221	9	taxed	tax	VERB
ftr-441	221	10	directly	directly	ADV
ftr-441	221	11	on	on	ADP
ftr-441	221	12	their	their	PRON
ftr-441	221	13	proprietorship	proprietorship	NOUN
ftr-441	221	14	income	income	NOUN
ftr-441	221	15	but	but	CCONJ
ftr-441	221	16	partnerships	partnership	NOUN
ftr-441	221	17	(	(	PUNCT
ftr-441	221	18	and	and	CCONJ
ftr-441	221	19	not	not	PART
ftr-441	221	20	the	the	DET
ftr-441	221	21	partners	partner	NOUN
ftr-441	221	22	)	)	PUNCT
ftr-441	221	23	are	be	AUX
ftr-441	221	24	taxed	tax	VERB
ftr-441	221	25	on	on	ADP
ftr-441	221	26	the	the	DET
ftr-441	221	27	partnership	partnership	NOUN
ftr-441	221	28	income	income	NOUN
ftr-441	221	29	,	,	PUNCT
ftr-441	221	30	then	then	ADV
ftr-441	221	31	the	the	DET
ftr-441	221	32	tax	tax	NOUN
ftr-441	221	33	system	system	NOUN
ftr-441	221	34	will	will	AUX
ftr-441	221	35	have	have	AUX
ftr-441	221	36	created	create	VERB
ftr-441	221	37	an	an	DET
ftr-441	221	38	undesirable	undesirable	ADJ
ftr-441	221	39	barrier	barrier	NOUN
ftr-441	221	40	against	against	ADP
ftr-441	221	41	or	or	CCONJ
ftr-441	221	42	inducement	inducement	NOUN
ftr-441	221	43	in	in	ADP
ftr-441	221	44	favor	favor	NOUN
ftr-441	221	45	of	of	ADP
ftr-441	221	46	the	the	DET
ftr-441	221	47	pooling	pooling	NOUN
ftr-441	221	48	of	of	ADP
ftr-441	221	49	resources	resource	NOUN
ftr-441	221	50	via	via	ADP
ftr-441	221	51	a	a	DET
ftr-441	221	52	partnership	partnership	NOUN
ftr-441	221	53	.	.	PUNCT
ftr-441	222	1	true	true	ADJ
ftr-441	222	2	,	,	PUNCT
ftr-441	222	3	the	the	DET
ftr-441	222	4	state	state	NOUN
ftr-441	222	5	law	law	NOUN
ftr-441	222	6	characteristics	characteristic	NOUN
ftr-441	222	7	of	of	ADP
ftr-441	222	8	a	a	DET
ftr-441	222	9	proprietorship	proprietorship	NOUN
ftr-441	222	10	may	may	AUX
ftr-441	222	11	be	be	AUX
ftr-441	222	12	different	different	ADJ
ftr-441	222	13	from	from	ADP
ftr-441	222	14	those	those	PRON
ftr-441	222	15	of	of	ADP
ftr-441	222	16	many	many	ADJ
ftr-441	222	17	other	other	ADJ
ftr-441	222	18	business	business	NOUN
ftr-441	222	19	forms	form	NOUN
ftr-441	222	20	.	.	PUNCT
ftr-441	223	1	unlike	unlike	ADP
ftr-441	223	2	a	a	DET
ftr-441	223	3	proprietorship	proprietorship	NOUN
ftr-441	223	4	,	,	PUNCT
ftr-441	223	5	other	other	ADJ
ftr-441	223	6	forms	form	NOUN
ftr-441	223	7	of	of	ADP
ftr-441	223	8	business	business	NOUN
ftr-441	223	9	organization	organization	NOUN
ftr-441	223	10	are	be	AUX
ftr-441	223	11	treated	treat	VERB
ftr-441	223	12	for	for	ADP
ftr-441	223	13	an	an	DET
ftr-441	223	14	increasing	increase	VERB
ftr-441	223	15	number	number	NOUN
ftr-441	223	16	of	of	ADP
ftr-441	223	17	state	state	NOUN
ftr-441	223	18	law	law	NOUN
ftr-441	223	19	purposes	purpose	NOUN
ftr-441	223	20	as	as	SCONJ
ftr-441	223	21	legal	legal	ADJ
ftr-441	223	22	entities	entity	NOUN
ftr-441	223	23	separate	separate	ADJ
ftr-441	223	24	from	from	ADP
ftr-441	223	25	their	their	PRON
ftr-441	223	26	owners	owner	NOUN
ftr-441	223	27	.	.	PUNCT
ftr-441	224	1	for	for	ADP
ftr-441	224	2	example	example	NOUN
ftr-441	224	3	,	,	PUNCT
ftr-441	224	4	the	the	DET
ftr-441	224	5	recently	recently	ADV
ftr-441	224	6	revised	revise	VERB
ftr-441	224	7	uniform	uniform	PROPN
ftr-441	224	8	partnership	partnership	PROPN
ftr-441	224	9	act	act	PROPN
ftr-441	224	10	(	(	PUNCT
ftr-441	224	11	rupa	rupa	NOUN
ftr-441	224	12	)	)	PUNCT
ftr-441	224	13	generally	generally	ADV
ftr-441	224	14	endorses	endorse	VERB
ftr-441	224	15	an	an	DET
ftr-441	224	16	entity	entity	NOUN
ftr-441	224	17	theory	theory	NOUN
ftr-441	224	18	of	of	ADP
ftr-441	224	19	a	a	DET
ftr-441	224	20	partnership	partnership	NOUN
ftr-441	224	21	,	,	PUNCT
ftr-441	224	22	and	and	CCONJ
ftr-441	224	23	it	it	PRON
ftr-441	224	24	therefore	therefore	ADV
ftr-441	224	25	provides	provide	VERB
ftr-441	224	26	that	that	SCONJ
ftr-441	224	27	the	the	DET
ftr-441	224	28	withdrawal	withdrawal	NOUN
ftr-441	224	29	of	of	ADP
ftr-441	224	30	a	a	DET
ftr-441	224	31	partner	partner	NOUN
ftr-441	224	32	from	from	ADP
ftr-441	224	33	a	a	DET
ftr-441	224	34	partnership	partnership	NOUN
ftr-441	224	35	causes	cause	VERB
ftr-441	224	36	the	the	DET
ftr-441	224	37	dissolution	dissolution	NOUN
ftr-441	224	38	of	of	ADP
ftr-441	224	39	the	the	DET
ftr-441	224	40	partnership	partnership	NOUN
ftr-441	224	41	only	only	ADV
ftr-441	224	42	in	in	ADP
ftr-441	224	43	limited	limited	ADJ
ftr-441	224	44	circumstances	circumstance	NOUN
ftr-441	224	45	?	?	PUNCT
ftr-441	225	1	4	4	NUM
ftr-441	225	2	rupa	rupa	NOUN
ftr-441	225	3	also	also	ADV
ftr-441	225	4	makes	make	VERB
ftr-441	225	5	clearer	clear	ADJ
ftr-441	225	6	that	that	SCONJ
ftr-441	225	7	a	a	DET
ftr-441	225	8	partner	partner	NOUN
ftr-441	225	9	is	be	AUX
ftr-441	225	10	not	not	PART
ftr-441	225	11	33	33	NUM
ftr-441	225	12	.	.	PUNCT
ftr-441	226	1	see	see	VERB
ftr-441	226	2	irc	irc	PROPN
ftr-441	226	3	§	§	PROPN
ftr-441	226	4	l(b	l(b	PROPN
ftr-441	226	5	)	)	PUNCT
ftr-441	226	6	.	.	PUNCT
ftr-441	227	1	34	34	NUM
ftr-441	227	2	.	.	PUNCT
ftr-441	228	1	see	see	VERB
ftr-441	228	2	revised	revise	VERB
ftr-441	228	3	unif	unif	ADJ
ftr-441	228	4	.	.	PUNCT
ftr-441	229	1	partnership	partnership	PROPN
ftr-441	229	2	act	act	PROPN
ftr-441	229	3	§	§	PROPN
ftr-441	229	4	801	801	NUM
ftr-441	229	5	(	(	PUNCT
ftr-441	229	6	amended	amend	VERB
ftr-441	229	7	1996	1996	NUM
ftr-441	229	8	)	)	PUNCT
ftr-441	229	9	,	,	PUNCT
ftr-441	229	10	6	6	NUM
ftr-441	229	11	u.l.a	u.l.a	NOUN
ftr-441	229	12	.	.	PUNCT
ftr-441	230	1	87	87	NUM
ftr-441	230	2	(	(	PUNCT
ftr-441	230	3	supp	supp	PROPN
ftr-441	230	4	.	.	PUNCT
ftr-441	230	5	1997	1997	NUM
ftr-441	230	6	)	)	PUNCT
ftr-441	231	1	[	[	X
ftr-441	231	2	hereinafter	hereinafter	NOUN
ftr-441	231	3	rupa	rupa	NOUN
ftr-441	231	4	]	]	PUNCT
ftr-441	231	5	.	.	PUNCT
ftr-441	232	1	see	see	VERB
ftr-441	232	2	,	,	PUNCT
ftr-441	232	3	generally	generally	ADV
ftr-441	232	4	,	,	PUNCT
ftr-441	232	5	rupa	rupa	NOUN
ftr-441	232	6	,	,	PUNCT
ftr-441	232	7	§	§	PROPN
ftr-441	232	8	201	201	NUM
ftr-441	232	9	(	(	PUNCT
ftr-441	232	10	"	"	PUNCT
ftr-441	232	11	[	[	X
ftr-441	232	12	a	a	X
ftr-441	232	13	]	]	X
ftr-441	232	14	partnership	partnership	NOUN
ftr-441	232	15	is	be	AUX
ftr-441	232	16	an	an	DET
ftr-441	232	17	entity	entity	NOUN
ftr-441	232	18	distinct	distinct	ADJ
ftr-441	232	19	from	from	ADP
ftr-441	232	20	its	its	PRON
ftr-441	232	21	partners	partner	NOUN
ftr-441	232	22	"	"	PUNCT
ftr-441	232	23	)	)	PUNCT
ftr-441	232	24	,	,	PUNCT
ftr-441	232	25	comment	comment	NOUN
ftr-441	232	26	to	to	ADP
ftr-441	232	27	§	§	PROPN
ftr-441	232	28	201	201	NUM
ftr-441	232	29	(	(	PUNCT
ftr-441	232	30	"	"	PUNCT
ftr-441	232	31	rupa	rupa	NOUN
ftr-441	232	32	embraces	embrace	VERB
ftr-441	232	33	the	the	DET
ftr-441	232	34	entity	entity	NOUN
ftr-441	232	35	theory	theory	NOUN
ftr-441	232	36	of	of	ADP
ftr-441	232	37	the	the	DET
ftr-441	232	38	partnership	partnership	NOUN
ftr-441	232	39	"	"	PUNCT
ftr-441	232	40	)	)	PUNCT
ftr-441	232	41	.	.	PUNCT
ftr-441	233	1	as	as	ADP
ftr-441	233	2	of	of	ADP
ftr-441	233	3	the	the	DET
ftr-441	233	4	end	end	NOUN
ftr-441	233	5	of	of	ADP
ftr-441	233	6	1995	1995	NUM
ftr-441	233	7	,	,	PUNCT
ftr-441	233	8	seven	seven	NUM
ftr-441	233	9	states	state	NOUN
ftr-441	233	10	had	have	AUX
ftr-441	233	11	adopted	adopt	VERB
ftr-441	233	12	the	the	DET
ftr-441	233	13	rupa	rupa	NOUN
ftr-441	233	14	.	.	PUNCT
ftr-441	234	1	although	although	SCONJ
ftr-441	234	2	the	the	DET
ftr-441	234	3	uniform	uniform	PROPN
ftr-441	234	4	partnership	partnership	PROPN
ftr-441	234	5	act	act	PROPN
ftr-441	234	6	(	(	PUNCT
ftr-441	234	7	upa	upa	NOUN
ftr-441	234	8	)	)	PUNCT
ftr-441	234	9	included	include	VERB
ftr-441	234	10	certain	certain	ADJ
ftr-441	234	11	entity	entity	NOUN
ftr-441	234	12	-	-	PUNCT
ftr-441	234	13	type	type	NOUN
ftr-441	234	14	characteristics	characteristic	NOUN
ftr-441	234	15	for	for	ADP
ftr-441	234	16	partnerships	partnership	NOUN
ftr-441	234	17	,	,	PUNCT
ftr-441	234	18	particularly	particularly	ADV
ftr-441	234	19	relating	relate	VERB
ftr-441	234	20	to	to	ADP
ftr-441	234	21	the	the	DET
ftr-441	234	22	rights	right	NOUN
ftr-441	234	23	of	of	ADP
ftr-441	234	24	the	the	DET
ftr-441	234	25	entity	entity	NOUN
ftr-441	234	26	to	to	PART
ftr-441	234	27	own	own	VERB
ftr-441	234	28	and	and	CCONJ
ftr-441	234	29	convey	convey	VERB
ftr-441	234	30	property	property	NOUN
ftr-441	234	31	(	(	PUNCT
ftr-441	234	32	see	see	VERB
ftr-441	234	33	u.p.a	u.p.a	NOUN
ftr-441	234	34	.	.	PUNCT
ftr-441	234	35	,	,	PUNCT
ftr-441	234	36	§	§	PROPN
ftr-441	234	37	§	§	PROPN
ftr-441	234	38	8	8	NUM
ftr-441	234	39	,	,	PUNCT
ftr-441	234	40	10	10	NUM
ftr-441	234	41	,	,	PUNCT
ftr-441	234	42	25	25	NUM
ftr-441	234	43	,	,	PUNCT
ftr-441	234	44	and	and	CCONJ
ftr-441	234	45	26	26	NUM
ftr-441	234	46	)	)	PUNCT
ftr-441	234	47	,	,	PUNCT
ftr-441	234	48	the	the	DET
ftr-441	234	49	act	act	NOUN
ftr-441	234	50	generally	generally	ADV
ftr-441	234	51	favored	favor	VERB
ftr-441	234	52	an	an	DET
ftr-441	234	53	aggregate	aggregate	ADJ
ftr-441	234	54	interpretation	interpretation	NOUN
ftr-441	234	55	of	of	ADP
ftr-441	234	56	the	the	DET
ftr-441	234	57	partnership	partnership	NOUN
ftr-441	234	58	.	.	PUNCT
ftr-441	235	1	examples	example	NOUN
ftr-441	235	2	of	of	ADP
ftr-441	235	3	the	the	DET
ftr-441	235	4	upa	upa	NOUN
ftr-441	235	5	's	's	PART
ftr-441	235	6	aggregate	aggregate	ADJ
ftr-441	235	7	approach	approach	NOUN
ftr-441	235	8	included	include	VERB
ftr-441	235	9	its	its	PRON
ftr-441	235	10	provisions	provision	NOUN
ftr-441	235	11	relating	relate	VERB
ftr-441	235	12	to	to	ADP
ftr-441	235	13	the	the	DET
ftr-441	235	14	joint	joint	ADJ
ftr-441	235	15	and	and	CCONJ
ftr-441	235	16	several	several	ADJ
ftr-441	235	17	liability	liability	NOUN
ftr-441	235	18	of	of	ADP
ftr-441	235	19	partners	partner	NOUN
ftr-441	235	20	for	for	ADP
ftr-441	235	21	partnership	partnership	NOUN
ftr-441	235	22	debts	debt	NOUN
ftr-441	235	23	,	,	PUNCT
ftr-441	235	24	the	the	DET
ftr-441	235	25	rights	right	NOUN
ftr-441	235	26	of	of	ADP
ftr-441	235	27	all	all	DET
ftr-441	235	28	partners	partner	NOUN
ftr-441	235	29	to	to	PART
ftr-441	235	30	manage	manage	VERB
ftr-441	235	31	and	and	CCONJ
ftr-441	235	32	conduct	conduct	VERB
ftr-441	235	33	the	the	DET
ftr-441	235	34	business	business	NOUN
ftr-441	235	35	of	of	ADP
ftr-441	235	36	the	the	DET
ftr-441	235	37	partnership	partnership	NOUN
ftr-441	235	38	,	,	PUNCT
ftr-441	235	39	and	and	CCONJ
ftr-441	235	40	the	the	DET
ftr-441	235	41	dissolution	dissolution	NOUN
ftr-441	235	42	of	of	ADP
ftr-441	235	43	a	a	DET
ftr-441	235	44	partnership	partnership	NOUN
ftr-441	235	45	upon	upon	SCONJ
ftr-441	235	46	any	any	DET
ftr-441	235	47	partner	partner	NOUN
ftr-441	235	48	's	's	PART
ftr-441	235	49	ceasing	cease	VERB
ftr-441	235	50	to	to	PART
ftr-441	235	51	be	be	AUX
ftr-441	235	52	associated	associate	VERB
ftr-441	235	53	with	with	ADP
ftr-441	235	54	the	the	DET
ftr-441	235	55	business	business	NOUN
ftr-441	235	56	,	,	PUNCT
ftr-441	235	57	see	see	VERB
ftr-441	235	58	u.p.a	u.p.a	NOUN
ftr-441	235	59	.	.	PUNCT
ftr-441	235	60	,	,	PUNCT
ftr-441	235	61	§	§	PROPN
ftr-441	235	62	§	§	PROPN
ftr-441	235	63	15	15	NUM
ftr-441	235	64	,	,	PUNCT
ftr-441	235	65	18(e	18(e	NUM
ftr-441	235	66	)	)	PUNCT
ftr-441	235	67	,	,	PUNCT
ftr-441	235	68	and	and	CCONJ
ftr-441	235	69	29	29	NUM
ftr-441	235	70	.	.	PUNCT
ftr-441	236	1	[	[	X
ftr-441	236	2	vol	vol	NOUN
ftr-441	236	3	4:3	4:3	NUM
ftr-441	236	4	the	the	DET
ftr-441	236	5	future	future	ADJ
ftr-441	236	6	taxation	taxation	NOUN
ftr-441	236	7	of	of	ADP
ftr-441	236	8	private	private	ADJ
ftr-441	236	9	business	business	NOUN
ftr-441	236	10	firms	firm	NOUN
ftr-441	236	11	co	co	NOUN
ftr-441	236	12	-	-	NOUN
ftr-441	236	13	owner	owner	NOUN
ftr-441	236	14	of	of	ADP
ftr-441	236	15	the	the	DET
ftr-441	236	16	underlying	underlie	VERB
ftr-441	236	17	property	property	NOUN
ftr-441	236	18	of	of	ADP
ftr-441	236	19	the	the	DET
ftr-441	236	20	partnership	partnership	NOUN
ftr-441	236	21	;	;	PUNCT
ftr-441	236	22	rather	rather	ADV
ftr-441	236	23	,	,	PUNCT
ftr-441	236	24	the	the	DET
ftr-441	236	25	only	only	ADJ
ftr-441	236	26	transferable	transferable	ADJ
ftr-441	236	27	interest	interest	NOUN
ftr-441	236	28	of	of	ADP
ftr-441	236	29	a	a	DET
ftr-441	236	30	partner	partner	NOUN
ftr-441	236	31	in	in	ADP
ftr-441	236	32	the	the	DET
ftr-441	236	33	partnership	partnership	NOUN
ftr-441	236	34	is	be	AUX
ftr-441	236	35	the	the	DET
ftr-441	236	36	right	right	NOUN
ftr-441	236	37	to	to	PART
ftr-441	236	38	share	share	VERB
ftr-441	236	39	in	in	ADP
ftr-441	236	40	profits	profit	NOUN
ftr-441	236	41	and	and	CCONJ
ftr-441	236	42	losses	loss	NOUN
ftr-441	236	43	and	and	CCONJ
ftr-441	236	44	to	to	PART
ftr-441	236	45	receive	receive	VERB
ftr-441	236	46	distributions	distribution	NOUN
ftr-441	236	47	.	.	PUNCT
ftr-441	236	48	'	'	PUNCT
ftr-441	237	1	other	other	ADJ
ftr-441	237	2	forms	form	NOUN
ftr-441	237	3	of	of	ADP
ftr-441	237	4	doing	do	VERB
ftr-441	237	5	business	business	NOUN
ftr-441	237	6	,	,	PUNCT
ftr-441	237	7	such	such	ADJ
ftr-441	237	8	as	as	ADP
ftr-441	237	9	limited	limited	ADJ
ftr-441	237	10	partnerships	partnership	NOUN
ftr-441	237	11	,	,	PUNCT
ftr-441	237	12	llcs	llcs	NOUN
ftr-441	237	13	,	,	PUNCT
ftr-441	237	14	limited	limited	ADJ
ftr-441	237	15	liability	liability	NOUN
ftr-441	237	16	partnerships	partnership	NOUN
ftr-441	237	17	(	(	PUNCT
ftr-441	237	18	llps	llps	PROPN
ftr-441	237	19	)	)	PUNCT
ftr-441	237	20	,	,	PUNCT
ftr-441	237	21	limited	limited	ADJ
ftr-441	237	22	liability	liability	NOUN
ftr-441	237	23	limited	limit	VERB
ftr-441	237	24	partnerships	partnership	NOUN
ftr-441	237	25	(	(	PUNCT
ftr-441	237	26	lllps	lllp	NOUN
ftr-441	237	27	)	)	PUNCT
ftr-441	237	28	,	,	PUNCT
ftr-441	237	29	and	and	CCONJ
ftr-441	237	30	of	of	ADP
ftr-441	237	31	course	course	NOUN
ftr-441	237	32	,	,	PUNCT
ftr-441	237	33	corporations	corporation	NOUN
ftr-441	237	34	,	,	PUNCT
ftr-441	237	35	justify	justify	VERB
ftr-441	237	36	an	an	DET
ftr-441	237	37	entity	entity	NOUN
ftr-441	237	38	interpretation	interpretation	NOUN
ftr-441	237	39	of	of	ADP
ftr-441	237	40	the	the	DET
ftr-441	237	41	business	business	NOUN
ftr-441	237	42	because	because	SCONJ
ftr-441	237	43	,	,	PUNCT
ftr-441	237	44	among	among	ADP
ftr-441	237	45	other	other	ADJ
ftr-441	237	46	things	thing	NOUN
ftr-441	237	47	,	,	PUNCT
ftr-441	237	48	they	they	PRON
ftr-441	237	49	generally	generally	ADV
ftr-441	237	50	insulate	insulate	VERB
ftr-441	237	51	the	the	DET
ftr-441	237	52	owners	owner	NOUN
ftr-441	237	53	from	from	ADP
ftr-441	237	54	the	the	DET
ftr-441	237	55	entity	entity	NOUN
ftr-441	237	56	's	's	PART
ftr-441	237	57	liabilities	liability	NOUN
ftr-441	237	58	.	.	PUNCT
ftr-441	238	1	further	far	ADV
ftr-441	238	2	,	,	PUNCT
ftr-441	238	3	the	the	DET
ftr-441	238	4	check	check	VERB
ftr-441	238	5	-	-	PUNCT
ftr-441	238	6	the	the	DET
ftr-441	238	7	-	-	PUNCT
ftr-441	238	8	box	box	NOUN
ftr-441	238	9	regulations	regulation	NOUN
ftr-441	238	10	may	may	AUX
ftr-441	238	11	accelerate	accelerate	VERB
ftr-441	238	12	these	these	DET
ftr-441	238	13	state	state	NOUN
ftr-441	238	14	law	law	NOUN
ftr-441	238	15	trends	trend	NOUN
ftr-441	238	16	,	,	PUNCT
ftr-441	238	17	with	with	ADP
ftr-441	238	18	future	future	ADJ
ftr-441	238	19	approval	approval	NOUN
ftr-441	238	20	by	by	ADP
ftr-441	238	21	the	the	DET
ftr-441	238	22	states	state	NOUN
ftr-441	238	23	of	of	ADP
ftr-441	238	24	noncorporate	noncorporate	ADJ
ftr-441	238	25	business	business	NOUN
ftr-441	238	26	forms	form	NOUN
ftr-441	238	27	having	have	VERB
ftr-441	238	28	more	more	ADJ
ftr-441	238	29	and	and	CCONJ
ftr-441	238	30	more	more	ADJ
ftr-441	238	31	entity	entity	NOUN
ftr-441	238	32	characteristics	characteristic	NOUN
ftr-441	238	33	.	.	PUNCT
ftr-441	239	1	but	but	CCONJ
ftr-441	239	2	the	the	DET
ftr-441	239	3	clear	clear	ADJ
ftr-441	239	4	message	message	NOUN
ftr-441	239	5	of	of	ADP
ftr-441	239	6	the	the	DET
ftr-441	239	7	check	check	VERB
ftr-441	239	8	-	-	PUNCT
ftr-441	239	9	the	the	DET
ftr-441	239	10	-	-	PUNCT
ftr-441	239	11	box	box	NOUN
ftr-441	239	12	regulations	regulation	NOUN
ftr-441	239	13	is	be	AUX
ftr-441	239	14	that	that	PRON
ftr-441	239	15	state	state	NOUN
ftr-441	239	16	law	law	NOUN
ftr-441	239	17	differences	difference	NOUN
ftr-441	239	18	among	among	ADP
ftr-441	239	19	private	private	ADJ
ftr-441	239	20	business	business	NOUN
ftr-441	239	21	entities	entity	NOUN
ftr-441	239	22	should	should	AUX
ftr-441	239	23	be	be	AUX
ftr-441	239	24	ignored	ignore	VERB
ftr-441	239	25	in	in	ADP
ftr-441	239	26	deciding	decide	VERB
ftr-441	239	27	how	how	SCONJ
ftr-441	239	28	they	they	PRON
ftr-441	239	29	are	be	AUX
ftr-441	239	30	taxed.36	taxed.36	VERB
ftr-441	239	31	thus	thus	ADV
ftr-441	239	32	,	,	PUNCT
ftr-441	239	33	the	the	DET
ftr-441	239	34	decision	decision	NOUN
ftr-441	239	35	of	of	ADP
ftr-441	239	36	whether	whether	SCONJ
ftr-441	239	37	a	a	DET
ftr-441	239	38	private	private	ADJ
ftr-441	239	39	firm	firm	NOUN
ftr-441	239	40	should	should	AUX
ftr-441	239	41	be	be	AUX
ftr-441	239	42	taxed	tax	VERB
ftr-441	239	43	like	like	ADP
ftr-441	239	44	a	a	DET
ftr-441	239	45	conduit	conduit	NOUN
ftr-441	239	46	or	or	CCONJ
ftr-441	239	47	an	an	DET
ftr-441	239	48	entity	entity	NOUN
ftr-441	239	49	should	should	AUX
ftr-441	239	50	seemingly	seemingly	ADV
ftr-441	239	51	be	be	AUX
ftr-441	239	52	based	base	VERB
ftr-441	239	53	on	on	ADP
ftr-441	239	54	tax	tax	NOUN
ftr-441	239	55	policy	policy	NOUN
ftr-441	239	56	considerations	consideration	NOUN
ftr-441	239	57	such	such	ADJ
ftr-441	239	58	as	as	ADP
ftr-441	239	59	equity	equity	NOUN
ftr-441	239	60	,	,	PUNCT
ftr-441	239	61	efficiency	efficiency	NOUN
ftr-441	239	62	,	,	PUNCT
ftr-441	239	63	and	and	CCONJ
ftr-441	239	64	simplicity	simplicity	NOUN
ftr-441	239	65	.	.	PUNCT
ftr-441	240	1	as	as	SCONJ
ftr-441	240	2	just	just	ADV
ftr-441	240	3	discussed	discuss	VERB
ftr-441	240	4	,	,	PUNCT
ftr-441	240	5	the	the	DET
ftr-441	240	6	strongest	strong	ADJ
ftr-441	240	7	tax	tax	NOUN
ftr-441	240	8	policy	policy	NOUN
ftr-441	240	9	argument	argument	NOUN
ftr-441	240	10	in	in	ADP
ftr-441	240	11	favor	favor	NOUN
ftr-441	240	12	of	of	ADP
ftr-441	240	13	the	the	DET
ftr-441	240	14	conduit	conduit	NOUN
ftr-441	240	15	approach	approach	NOUN
ftr-441	240	16	is	be	AUX
ftr-441	240	17	that	that	SCONJ
ftr-441	240	18	people	people	NOUN
ftr-441	240	19	pay	pay	VERB
ftr-441	240	20	taxes	taxis	NOUN
ftr-441	240	21	,	,	PUNCT
ftr-441	240	22	not	not	PART
ftr-441	240	23	entities	entity	NOUN
ftr-441	240	24	,	,	PUNCT
ftr-441	240	25	and	and	CCONJ
ftr-441	240	26	that	that	SCONJ
ftr-441	240	27	people	people	NOUN
ftr-441	240	28	should	should	AUX
ftr-441	240	29	pay	pay	VERB
ftr-441	240	30	income	income	NOUN
ftr-441	240	31	taxes	taxis	NOUN
ftr-441	240	32	in	in	ADP
ftr-441	240	33	accordance	accordance	NOUN
ftr-441	240	34	with	with	ADP
ftr-441	240	35	their	their	PRON
ftr-441	240	36	abilities	ability	NOUN
ftr-441	240	37	to	to	PART
ftr-441	240	38	pay	pay	VERB
ftr-441	240	39	.	.	PUNCT
ftr-441	241	1	the	the	DET
ftr-441	241	2	use	use	NOUN
ftr-441	241	3	of	of	ADP
ftr-441	241	4	an	an	DET
ftr-441	241	5	entity	entity	NOUN
ftr-441	241	6	to	to	PART
ftr-441	241	7	generate	generate	VERB
ftr-441	241	8	income	income	NOUN
ftr-441	241	9	should	should	AUX
ftr-441	241	10	not	not	PART
ftr-441	241	11	interfere	interfere	VERB
ftr-441	241	12	with	with	ADP
ftr-441	241	13	that	that	DET
ftr-441	241	14	basic	basic	ADJ
ftr-441	241	15	objective	objective	NOUN
ftr-441	241	16	.	.	PUNCT
ftr-441	242	1	hence	hence	ADV
ftr-441	242	2	,	,	PUNCT
ftr-441	242	3	the	the	DET
ftr-441	242	4	entity	entity	NOUN
ftr-441	242	5	should	should	AUX
ftr-441	242	6	be	be	AUX
ftr-441	242	7	disregarded	disregard	VERB
ftr-441	242	8	for	for	SCONJ
ftr-441	242	9	tax	tax	NOUN
ftr-441	242	10	purposes	purpose	NOUN
ftr-441	242	11	and	and	CCONJ
ftr-441	242	12	the	the	DET
ftr-441	242	13	income	income	NOUN
ftr-441	242	14	of	of	ADP
ftr-441	242	15	the	the	DET
ftr-441	242	16	entity	entity	NOUN
ftr-441	242	17	should	should	AUX
ftr-441	242	18	be	be	AUX
ftr-441	242	19	taxed	tax	VERB
ftr-441	242	20	directly	directly	ADV
ftr-441	242	21	to	to	ADP
ftr-441	242	22	its	its	PRON
ftr-441	242	23	owners	owner	NOUN
ftr-441	242	24	.	.	PUNCT
ftr-441	243	1	entity	entity	NOUN
ftr-441	243	2	losses	loss	NOUN
ftr-441	243	3	and	and	CCONJ
ftr-441	243	4	other	other	ADJ
ftr-441	243	5	tax	tax	NOUN
ftr-441	243	6	items	item	NOUN
ftr-441	243	7	should	should	AUX
ftr-441	243	8	similarly	similarly	ADV
ftr-441	243	9	be	be	AUX
ftr-441	243	10	passed	pass	VERB
ftr-441	243	11	through	through	ADP
ftr-441	243	12	directly	directly	ADV
ftr-441	243	13	to	to	ADP
ftr-441	243	14	the	the	DET
ftr-441	243	15	owners	owner	NOUN
ftr-441	243	16	,	,	PUNCT
ftr-441	243	17	to	to	PART
ftr-441	243	18	be	be	AUX
ftr-441	243	19	netted	net	VERB
ftr-441	243	20	with	with	ADP
ftr-441	243	21	the	the	DET
ftr-441	243	22	owners	owner	NOUN
ftr-441	243	23	'	'	PART
ftr-441	243	24	items	item	NOUN
ftr-441	243	25	from	from	ADP
ftr-441	243	26	other	other	ADJ
ftr-441	243	27	sources	source	NOUN
ftr-441	243	28	.	.	PUNCT
ftr-441	244	1	another	another	DET
ftr-441	244	2	tax	tax	NOUN
ftr-441	244	3	policy	policy	NOUN
ftr-441	244	4	argument	argument	NOUN
ftr-441	244	5	favoring	favor	VERB
ftr-441	244	6	the	the	DET
ftr-441	244	7	conduit	conduit	NOUN
ftr-441	244	8	approach	approach	NOUN
ftr-441	244	9	is	be	AUX
ftr-441	244	10	that	that	SCONJ
ftr-441	244	11	it	it	PRON
ftr-441	244	12	avoids	avoid	VERB
ftr-441	244	13	distorting	distort	VERB
ftr-441	244	14	the	the	DET
ftr-441	244	15	choice	choice	NOUN
ftr-441	244	16	of	of	ADP
ftr-441	244	17	business	business	NOUN
ftr-441	244	18	form	form	NOUN
ftr-441	244	19	,	,	PUNCT
ftr-441	244	20	given	give	VERB
ftr-441	244	21	how	how	SCONJ
ftr-441	244	22	proprietorships	proprietorship	NOUN
ftr-441	244	23	are	be	AUX
ftr-441	244	24	taxed	tax	VERB
ftr-441	244	25	.	.	PUNCT
ftr-441	245	1	but	but	CCONJ
ftr-441	245	2	these	these	DET
ftr-441	245	3	arguments	argument	NOUN
ftr-441	245	4	may	may	AUX
ftr-441	245	5	only	only	ADV
ftr-441	245	6	be	be	AUX
ftr-441	245	7	valid	valid	ADJ
ftr-441	245	8	for	for	ADP
ftr-441	245	9	a	a	DET
ftr-441	245	10	theoretically	theoretically	ADV
ftr-441	245	11	ideal	ideal	ADJ
ftr-441	245	12	form	form	NOUN
ftr-441	245	13	of	of	ADP
ftr-441	245	14	conduit	conduit	NOUN
ftr-441	245	15	taxation	taxation	NOUN
ftr-441	245	16	.	.	PUNCT
ftr-441	246	1	for	for	ADP
ftr-441	246	2	reasons	reason	NOUN
ftr-441	246	3	detailed	detail	VERB
ftr-441	246	4	in	in	ADP
ftr-441	246	5	the	the	DET
ftr-441	246	6	next	next	ADJ
ftr-441	246	7	section	section	NOUN
ftr-441	246	8	,	,	PUNCT
ftr-441	246	9	if	if	SCONJ
ftr-441	246	10	a	a	DET
ftr-441	246	11	conduit	conduit	NOUN
ftr-441	246	12	approach	approach	NOUN
ftr-441	246	13	is	be	AUX
ftr-441	246	14	considered	consider	VERB
ftr-441	246	15	in	in	ADP
ftr-441	246	16	actual	actual	ADJ
ftr-441	246	17	practice	practice	NOUN
ftr-441	246	18	,	,	PUNCT
ftr-441	246	19	it	it	PRON
ftr-441	246	20	may	may	AUX
ftr-441	246	21	be	be	AUX
ftr-441	246	22	that	that	SCONJ
ftr-441	246	23	the	the	DET
ftr-441	246	24	approach	approach	NOUN
ftr-441	246	25	does	do	AUX
ftr-441	246	26	not	not	PART
ftr-441	246	27	accomplish	accomplish	VERB
ftr-441	246	28	either	either	CCONJ
ftr-441	246	29	tax	tax	NOUN
ftr-441	246	30	policy	policy	NOUN
ftr-441	246	31	objective	objective	NOUN
ftr-441	246	32	very	very	ADV
ftr-441	246	33	well	well	ADV
ftr-441	246	34	while	while	SCONJ
ftr-441	246	35	,	,	PUNCT
ftr-441	246	36	at	at	ADP
ftr-441	246	37	the	the	DET
ftr-441	246	38	same	same	ADJ
ftr-441	246	39	time	time	NOUN
ftr-441	246	40	,	,	PUNCT
ftr-441	246	41	spawning	spawn	VERB
ftr-441	246	42	significant	significant	ADJ
ftr-441	246	43	transactions	transaction	NOUN
ftr-441	246	44	costs	cost	NOUN
ftr-441	246	45	.	.	PUNCT
ftr-441	247	1	b.	b.	VERB
ftr-441	247	2	the	the	DET
ftr-441	247	3	fundamental	fundamental	ADJ
ftr-441	247	4	difficulty	difficulty	NOUN
ftr-441	247	5	of	of	ADP
ftr-441	247	6	conduit	conduit	NOUN
ftr-441	247	7	taxation	taxation	NOUN
ftr-441	247	8	and	and	CCONJ
ftr-441	247	9	the	the	DET
ftr-441	247	10	case	case	NOUN
ftr-441	247	11	for	for	ADP
ftr-441	247	12	entity	entity	NOUN
ftr-441	247	13	taxation	taxation	NOUN
ftr-441	247	14	the	the	DET
ftr-441	247	15	same	same	ADJ
ftr-441	247	16	theoretical	theoretical	ADJ
ftr-441	247	17	reasons	reason	NOUN
ftr-441	247	18	in	in	ADP
ftr-441	247	19	support	support	NOUN
ftr-441	247	20	of	of	ADP
ftr-441	247	21	conduit	conduit	NOUN
ftr-441	247	22	taxation	taxation	NOUN
ftr-441	247	23	would	would	AUX
ftr-441	247	24	lead	lead	VERB
ftr-441	247	25	one	one	NUM
ftr-441	247	26	to	to	PART
ftr-441	247	27	conclude	conclude	VERB
ftr-441	247	28	that	that	SCONJ
ftr-441	247	29	entity	entity	NOUN
ftr-441	247	30	taxation	taxation	NOUN
ftr-441	247	31	is	be	AUX
ftr-441	247	32	unacceptable	unacceptable	ADJ
ftr-441	247	33	.	.	PUNCT
ftr-441	248	1	for	for	ADP
ftr-441	248	2	example	example	NOUN
ftr-441	248	3	,	,	PUNCT
ftr-441	248	4	if	if	SCONJ
ftr-441	248	5	we	we	PRON
ftr-441	248	6	take	take	VERB
ftr-441	248	7	as	as	ADP
ftr-441	248	8	a	a	DET
ftr-441	248	9	given	give	VERB
ftr-441	248	10	that	that	SCONJ
ftr-441	248	11	people	people	NOUN
ftr-441	248	12	and	and	CCONJ
ftr-441	248	13	not	not	PART
ftr-441	248	14	entities	entity	NOUN
ftr-441	248	15	pay	pay	VERB
ftr-441	248	16	taxes	taxis	NOUN
ftr-441	248	17	,	,	PUNCT
ftr-441	248	18	and	and	CCONJ
ftr-441	248	19	that	that	SCONJ
ftr-441	248	20	people	people	NOUN
ftr-441	248	21	should	should	AUX
ftr-441	248	22	pay	pay	VERB
ftr-441	248	23	income	income	NOUN
ftr-441	248	24	taxes	taxis	NOUN
ftr-441	248	25	in	in	ADP
ftr-441	248	26	accordance	accordance	NOUN
ftr-441	248	27	with	with	ADP
ftr-441	248	28	their	their	PRON
ftr-441	248	29	ability	ability	NOUN
ftr-441	248	30	to	to	PART
ftr-441	248	31	pay	pay	VERB
ftr-441	248	32	,	,	PUNCT
ftr-441	248	33	then	then	ADV
ftr-441	248	34	it	it	PRON
ftr-441	248	35	would	would	AUX
ftr-441	248	36	seem	seem	VERB
ftr-441	248	37	35	35	NUM
ftr-441	248	38	.	.	PUNCT
ftr-441	249	1	see	see	VERB
ftr-441	249	2	rupa	rupa	NOUN
ftr-441	249	3	,	,	PUNCT
ftr-441	249	4	supra	supra	PROPN
ftr-441	249	5	note	note	PROPN
ftr-441	249	6	34	34	NUM
ftr-441	249	7	,	,	PUNCT
ftr-441	249	8	§	§	PROPN
ftr-441	249	9	§	§	PROPN
ftr-441	249	10	501	501	NUM
ftr-441	249	11	,	,	PUNCT
ftr-441	249	12	502	502	NUM
ftr-441	249	13	.	.	NUM
ftr-441	250	1	36	36	NUM
ftr-441	250	2	.	.	PUNCT
ftr-441	251	1	cf	cf	NOUN
ftr-441	251	2	.	.	PUNCT
ftr-441	252	1	william	william	PROPN
ftr-441	252	2	a.	a.	PROPN
ftr-441	252	3	klein	klein	PROPN
ftr-441	252	4	,	,	PUNCT
ftr-441	252	5	income	income	NOUN
ftr-441	252	6	taxation	taxation	NOUN
ftr-441	252	7	and	and	CCONJ
ftr-441	252	8	legal	legal	ADJ
ftr-441	252	9	entities	entity	NOUN
ftr-441	252	10	,	,	PUNCT
ftr-441	252	11	20	20	NUM
ftr-441	252	12	ucla	ucla	NOUN
ftr-441	252	13	l	l	PROPN
ftr-441	252	14	rev	rev	PROPN
ftr-441	252	15	.	.	PROPN
ftr-441	252	16	13	13	NUM
ftr-441	252	17	,	,	PUNCT
ftr-441	252	18	15	15	NUM
ftr-441	252	19	(	(	PUNCT
ftr-441	252	20	1972	1972	NUM
ftr-441	252	21	)	)	PUNCT
ftr-441	252	22	(	(	PUNCT
ftr-441	252	23	argued	argue	VERB
ftr-441	252	24	that	that	SCONJ
ftr-441	252	25	correlation	correlation	NOUN
ftr-441	252	26	between	between	ADP
ftr-441	252	27	taxation	taxation	NOUN
ftr-441	252	28	method	method	NOUN
ftr-441	252	29	and	and	CCONJ
ftr-441	252	30	relationship	relationship	NOUN
ftr-441	252	31	under	under	ADP
ftr-441	252	32	state	state	NOUN
ftr-441	252	33	law	law	NOUN
ftr-441	252	34	of	of	ADP
ftr-441	252	35	an	an	DET
ftr-441	252	36	entity	entity	NOUN
ftr-441	252	37	to	to	ADP
ftr-441	252	38	its	its	PRON
ftr-441	252	39	owner	owner	NOUN
ftr-441	252	40	has	have	VERB
ftr-441	252	41	"	"	PUNCT
ftr-441	252	42	relatively	relatively	ADV
ftr-441	252	43	limited	limited	ADJ
ftr-441	252	44	explanatory	explanatory	ADJ
ftr-441	252	45	value	value	NOUN
ftr-441	252	46	"	"	PUNCT
ftr-441	252	47	)	)	PUNCT
ftr-441	252	48	.	.	PUNCT
ftr-441	253	1	1999	1999	NUM
ftr-441	253	2	]	]	PUNCT
ftr-441	253	3	florida	florida	PROPN
ftr-441	253	4	tax	tax	PROPN
ftr-441	253	5	review	review	NOUN
ftr-441	253	6	odd	odd	ADJ
ftr-441	253	7	and	and	CCONJ
ftr-441	253	8	inconsistent	inconsistent	ADJ
ftr-441	253	9	with	with	ADP
ftr-441	253	10	those	those	DET
ftr-441	253	11	premises	premise	NOUN
ftr-441	253	12	to	to	PART
ftr-441	253	13	impose	impose	VERB
ftr-441	253	14	a	a	DET
ftr-441	253	15	separate	separate	ADJ
ftr-441	253	16	income	income	NOUN
ftr-441	253	17	tax	tax	NOUN
ftr-441	253	18	on	on	ADP
ftr-441	253	19	the	the	DET
ftr-441	253	20	business	business	NOUN
ftr-441	253	21	entity	entity	NOUN
ftr-441	253	22	itself	itself	PRON
ftr-441	253	23	.	.	PUNCT
ftr-441	254	1	if	if	SCONJ
ftr-441	254	2	the	the	DET
ftr-441	254	3	owners	owner	NOUN
ftr-441	254	4	of	of	ADP
ftr-441	254	5	the	the	DET
ftr-441	254	6	firm	firm	NOUN
ftr-441	254	7	indirectly	indirectly	ADV
ftr-441	254	8	bear	bear	VERB
ftr-441	254	9	the	the	DET
ftr-441	254	10	burden	burden	NOUN
ftr-441	254	11	of	of	ADP
ftr-441	254	12	the	the	DET
ftr-441	254	13	entity	entity	NOUN
ftr-441	254	14	-	-	PUNCT
ftr-441	254	15	level	level	NOUN
ftr-441	254	16	income	income	NOUN
ftr-441	254	17	tax	tax	NOUN
ftr-441	254	18	,	,	PUNCT
ftr-441	254	19	then	then	ADV
ftr-441	254	20	the	the	DET
ftr-441	254	21	proper	proper	ADJ
ftr-441	254	22	rate	rate	NOUN
ftr-441	254	23	for	for	ADP
ftr-441	254	24	the	the	DET
ftr-441	254	25	tax	tax	NOUN
ftr-441	254	26	should	should	AUX
ftr-441	254	27	presumably	presumably	ADV
ftr-441	254	28	be	be	AUX
ftr-441	254	29	tied	tie	VERB
ftr-441	254	30	to	to	ADP
ftr-441	254	31	their	their	PRON
ftr-441	254	32	ability	ability	NOUN
ftr-441	254	33	to	to	PART
ftr-441	254	34	pay	pay	VERB
ftr-441	254	35	.	.	PUNCT
ftr-441	255	1	but	but	CCONJ
ftr-441	255	2	how	how	SCONJ
ftr-441	255	3	should	should	AUX
ftr-441	255	4	the	the	DET
ftr-441	255	5	entity	entity	NOUN
ftr-441	255	6	tax	tax	NOUN
ftr-441	255	7	rate	rate	NOUN
ftr-441	255	8	be	be	AUX
ftr-441	255	9	determined	determine	VERB
ftr-441	255	10	where	where	SCONJ
ftr-441	255	11	the	the	DET
ftr-441	255	12	ability	ability	NOUN
ftr-441	255	13	to	to	PART
ftr-441	255	14	pay	pay	VERB
ftr-441	255	15	of	of	ADP
ftr-441	255	16	the	the	DET
ftr-441	255	17	owners	owner	NOUN
ftr-441	255	18	is	be	AUX
ftr-441	255	19	different	different	ADJ
ftr-441	255	20	from	from	ADP
ftr-441	255	21	one	one	NUM
ftr-441	255	22	another	another	DET
ftr-441	255	23	?	?	PUNCT
ftr-441	256	1	the	the	DET
ftr-441	256	2	case	case	NOUN
ftr-441	256	3	for	for	ADP
ftr-441	256	4	entity	entity	NOUN
ftr-441	256	5	taxation	taxation	NOUN
ftr-441	256	6	,	,	PUNCT
ftr-441	256	7	however	however	ADV
ftr-441	256	8	,	,	PUNCT
ftr-441	256	9	is	be	AUX
ftr-441	256	10	essentially	essentially	ADV
ftr-441	256	11	a	a	DET
ftr-441	256	12	negative	negative	ADJ
ftr-441	256	13	one	one	NUM
ftr-441	256	14	.	.	PUNCT
ftr-441	257	1	specifically	specifically	ADV
ftr-441	257	2	,	,	PUNCT
ftr-441	257	3	if	if	SCONJ
ftr-441	257	4	it	it	PRON
ftr-441	257	5	is	be	AUX
ftr-441	257	6	not	not	PART
ftr-441	257	7	possible	possible	ADJ
ftr-441	257	8	to	to	PART
ftr-441	257	9	design	design	VERB
ftr-441	257	10	a	a	DET
ftr-441	257	11	workable	workable	ADJ
ftr-441	257	12	conduit	conduit	NOUN
ftr-441	257	13	tax	tax	NOUN
ftr-441	257	14	system	system	NOUN
ftr-441	257	15	which	which	PRON
ftr-441	257	16	is	be	AUX
ftr-441	257	17	broadly	broadly	ADV
ftr-441	257	18	applicable	applicable	ADJ
ftr-441	257	19	to	to	ADP
ftr-441	257	20	most	most	ADJ
ftr-441	257	21	private	private	ADJ
ftr-441	257	22	business	business	NOUN
ftr-441	257	23	firms	firm	NOUN
ftr-441	257	24	and	and	CCONJ
ftr-441	257	25	is	be	AUX
ftr-441	257	26	consistent	consistent	ADJ
ftr-441	257	27	with	with	ADP
ftr-441	257	28	general	general	ADJ
ftr-441	257	29	income	income	NOUN
ftr-441	257	30	tax	tax	NOUN
ftr-441	257	31	principles	principle	NOUN
ftr-441	257	32	,	,	PUNCT
ftr-441	257	33	then	then	ADV
ftr-441	257	34	an	an	DET
ftr-441	257	35	entity	entity	NOUN
ftr-441	257	36	tax	tax	NOUN
ftr-441	257	37	approach	approach	NOUN
ftr-441	257	38	may	may	AUX
ftr-441	257	39	be	be	AUX
ftr-441	257	40	worth	worth	ADJ
ftr-441	257	41	a	a	DET
ftr-441	257	42	second	second	ADJ
ftr-441	257	43	look	look	NOUN
ftr-441	257	44	.	.	PUNCT
ftr-441	258	1	to	to	PART
ftr-441	258	2	illustrate	illustrate	VERB
ftr-441	258	3	some	some	PRON
ftr-441	258	4	of	of	ADP
ftr-441	258	5	the	the	DET
ftr-441	258	6	difficulties	difficulty	NOUN
ftr-441	258	7	in	in	ADP
ftr-441	258	8	implementing	implement	VERB
ftr-441	258	9	conduit	conduit	NOUN
ftr-441	258	10	taxation	taxation	NOUN
ftr-441	258	11	,	,	PUNCT
ftr-441	258	12	the	the	DET
ftr-441	258	13	balance	balance	NOUN
ftr-441	258	14	of	of	ADP
ftr-441	258	15	the	the	DET
ftr-441	258	16	discussion	discussion	NOUN
ftr-441	258	17	in	in	ADP
ftr-441	258	18	this	this	DET
ftr-441	258	19	part	part	NOUN
ftr-441	258	20	ii	ii	NOUN
ftr-441	258	21	of	of	ADP
ftr-441	258	22	the	the	DET
ftr-441	258	23	article	article	NOUN
ftr-441	258	24	will	will	AUX
ftr-441	258	25	focus	focus	VERB
ftr-441	258	26	mainly	mainly	ADV
ftr-441	258	27	on	on	ADP
ftr-441	258	28	the	the	DET
ftr-441	258	29	partnership	partnership	NOUN
ftr-441	258	30	tax	tax	NOUN
ftr-441	258	31	rules	rule	NOUN
ftr-441	258	32	-	-	PUNCT
ftr-441	258	33	subchapter	subchapter	NOUN
ftr-441	258	34	k	k	NOUN
ftr-441	258	35	-	-	PUNCT
ftr-441	258	36	because	because	SCONJ
ftr-441	258	37	they	they	PRON
ftr-441	258	38	represent	represent	VERB
ftr-441	258	39	the	the	DET
ftr-441	258	40	most	most	ADV
ftr-441	258	41	refined	refined	ADJ
ftr-441	258	42	example	example	NOUN
ftr-441	258	43	of	of	ADP
ftr-441	258	44	conduit	conduit	NOUN
ftr-441	258	45	taxation	taxation	NOUN
ftr-441	258	46	in	in	ADP
ftr-441	258	47	existence	existence	NOUN
ftr-441	258	48	.	.	PUNCT
ftr-441	259	1	under	under	ADP
ftr-441	259	2	conduit	conduit	NOUN
ftr-441	259	3	taxation	taxation	NOUN
ftr-441	259	4	,	,	PUNCT
ftr-441	259	5	if	if	SCONJ
ftr-441	259	6	a	a	DET
ftr-441	259	7	business	business	NOUN
ftr-441	259	8	firm	firm	NOUN
ftr-441	259	9	earns	earn	VERB
ftr-441	259	10	$	$	SYM
ftr-441	259	11	300	300	NUM
ftr-441	259	12	in	in	ADP
ftr-441	259	13	taxable	taxable	ADJ
ftr-441	259	14	profits	profit	NOUN
ftr-441	259	15	in	in	ADP
ftr-441	259	16	a	a	DET
ftr-441	259	17	given	give	VERB
ftr-441	259	18	year	year	NOUN
ftr-441	259	19	,	,	PUNCT
ftr-441	259	20	a	a	DET
ftr-441	259	21	total	total	NOUN
ftr-441	259	22	of	of	ADP
ftr-441	259	23	$	$	SYM
ftr-441	259	24	300	300	NUM
ftr-441	259	25	of	of	ADP
ftr-441	259	26	taxable	taxable	ADJ
ftr-441	259	27	income	income	NOUN
ftr-441	259	28	must	must	AUX
ftr-441	259	29	be	be	AUX
ftr-441	259	30	currently	currently	ADV
ftr-441	259	31	included	include	VERB
ftr-441	259	32	in	in	ADP
ftr-441	259	33	the	the	DET
ftr-441	259	34	tax	tax	NOUN
ftr-441	259	35	base	base	NOUN
ftr-441	259	36	of	of	ADP
ftr-441	259	37	the	the	DET
ftr-441	259	38	owners	owner	NOUN
ftr-441	259	39	of	of	ADP
ftr-441	259	40	the	the	DET
ftr-441	259	41	firm	firm	NOUN
ftr-441	259	42	.	.	PUNCT
ftr-441	260	1	but	but	CCONJ
ftr-441	260	2	how	how	SCONJ
ftr-441	260	3	much	much	ADJ
ftr-441	260	4	should	should	AUX
ftr-441	260	5	be	be	AUX
ftr-441	260	6	included	include	VERB
ftr-441	260	7	in	in	ADP
ftr-441	260	8	whose	whose	DET
ftr-441	260	9	base	base	NOUN
ftr-441	260	10	?	?	PUNCT
ftr-441	261	1	the	the	DET
ftr-441	261	2	difficulty	difficulty	NOUN
ftr-441	261	3	in	in	ADP
ftr-441	261	4	answering	answer	VERB
ftr-441	261	5	that	that	DET
ftr-441	261	6	question	question	NOUN
ftr-441	261	7	is	be	AUX
ftr-441	261	8	the	the	DET
ftr-441	261	9	fundamental	fundamental	ADJ
ftr-441	261	10	problem	problem	NOUN
ftr-441	261	11	of	of	ADP
ftr-441	261	12	any	any	DET
ftr-441	261	13	conduit	conduit	NOUN
ftr-441	261	14	system	system	NOUN
ftr-441	261	15	.	.	PUNCT
ftr-441	262	1	the	the	DET
ftr-441	262	2	source	source	NOUN
ftr-441	262	3	of	of	ADP
ftr-441	262	4	the	the	DET
ftr-441	262	5	difficulty	difficulty	NOUN
ftr-441	262	6	is	be	AUX
ftr-441	262	7	the	the	DET
ftr-441	262	8	fact	fact	NOUN
ftr-441	262	9	that	that	SCONJ
ftr-441	262	10	income	income	NOUN
ftr-441	262	11	and	and	CCONJ
ftr-441	262	12	other	other	ADJ
ftr-441	262	13	items	item	NOUN
ftr-441	262	14	realized	realize	VERB
ftr-441	262	15	by	by	ADP
ftr-441	262	16	many	many	ADJ
ftr-441	262	17	business	business	NOUN
ftr-441	262	18	entities	entity	NOUN
ftr-441	262	19	are	be	AUX
ftr-441	262	20	treated	treat	VERB
ftr-441	262	21	under	under	ADP
ftr-441	262	22	state	state	NOUN
ftr-441	262	23	law	law	NOUN
ftr-441	262	24	as	as	ADP
ftr-441	262	25	belonging	belong	VERB
ftr-441	262	26	to	to	ADP
ftr-441	262	27	the	the	DET
ftr-441	262	28	entity	entity	NOUN
ftr-441	262	29	and	and	CCONJ
ftr-441	262	30	not	not	PART
ftr-441	262	31	to	to	ADP
ftr-441	262	32	the	the	DET
ftr-441	262	33	owners	owner	NOUN
ftr-441	262	34	.	.	PUNCT
ftr-441	263	1	the	the	DET
ftr-441	263	2	receipt	receipt	NOUN
ftr-441	263	3	by	by	ADP
ftr-441	263	4	the	the	DET
ftr-441	263	5	owners	owner	NOUN
ftr-441	263	6	of	of	ADP
ftr-441	263	7	the	the	DET
ftr-441	263	8	entity	entity	NOUN
ftr-441	263	9	's	's	PART
ftr-441	263	10	income	income	NOUN
ftr-441	263	11	,	,	PUNCT
ftr-441	263	12	for	for	ADP
ftr-441	263	13	example	example	NOUN
ftr-441	263	14	,	,	PUNCT
ftr-441	263	15	may	may	AUX
ftr-441	263	16	arise	arise	VERB
ftr-441	263	17	only	only	ADV
ftr-441	263	18	upon	upon	SCONJ
ftr-441	263	19	a	a	DET
ftr-441	263	20	distribution	distribution	NOUN
ftr-441	263	21	from	from	ADP
ftr-441	263	22	the	the	DET
ftr-441	263	23	entity	entity	NOUN
ftr-441	263	24	.	.	PUNCT
ftr-441	264	1	yet	yet	ADV
ftr-441	264	2	consistent	consistent	ADJ
ftr-441	264	3	with	with	ADP
ftr-441	264	4	basic	basic	ADJ
ftr-441	264	5	income	income	NOUN
ftr-441	264	6	tax	tax	NOUN
ftr-441	264	7	principles	principle	NOUN
ftr-441	264	8	,	,	PUNCT
ftr-441	264	9	tax	tax	NOUN
ftr-441	264	10	reporting	reporting	NOUN
ftr-441	264	11	of	of	ADP
ftr-441	264	12	the	the	DET
ftr-441	264	13	income	income	NOUN
ftr-441	264	14	can	can	AUX
ftr-441	264	15	not	not	PART
ftr-441	264	16	await	await	VERB
ftr-441	264	17	a	a	DET
ftr-441	264	18	distribution	distribution	NOUN
ftr-441	264	19	.	.	PUNCT
ftr-441	265	1	someone	someone	PRON
ftr-441	265	2	must	must	AUX
ftr-441	265	3	include	include	VERB
ftr-441	265	4	it	it	PRON
ftr-441	265	5	in	in	ADP
ftr-441	265	6	that	that	DET
ftr-441	265	7	person	person	NOUN
ftr-441	265	8	's	's	PART
ftr-441	265	9	tax	tax	NOUN
ftr-441	265	10	base	base	NOUN
ftr-441	265	11	when	when	SCONJ
ftr-441	265	12	the	the	DET
ftr-441	265	13	income	income	NOUN
ftr-441	265	14	arises	arise	VERB
ftr-441	265	15	.	.	PUNCT
ftr-441	266	1	thus	thus	ADV
ftr-441	266	2	,	,	PUNCT
ftr-441	266	3	if	if	SCONJ
ftr-441	266	4	there	there	PRON
ftr-441	266	5	is	be	VERB
ftr-441	266	6	no	no	DET
ftr-441	266	7	distribution	distribution	NOUN
ftr-441	266	8	of	of	ADP
ftr-441	266	9	the	the	DET
ftr-441	266	10	income	income	NOUN
ftr-441	266	11	by	by	ADP
ftr-441	266	12	the	the	DET
ftr-441	266	13	entity	entity	NOUN
ftr-441	266	14	,	,	PUNCT
ftr-441	266	15	there	there	PRON
ftr-441	266	16	must	must	AUX
ftr-441	266	17	nevertheless	nevertheless	ADV
ftr-441	266	18	be	be	AUX
ftr-441	266	19	a	a	DET
ftr-441	266	20	current	current	ADJ
ftr-441	266	21	allocation	allocation	NOUN
ftr-441	266	22	of	of	ADP
ftr-441	266	23	the	the	DET
ftr-441	266	24	income	income	NOUN
ftr-441	266	25	among	among	ADP
ftr-441	266	26	the	the	DET
ftr-441	266	27	owners	owner	NOUN
ftr-441	266	28	to	to	PART
ftr-441	266	29	permit	permit	VERB
ftr-441	266	30	them	they	PRON
ftr-441	266	31	to	to	PART
ftr-441	266	32	report	report	VERB
ftr-441	266	33	currently	currently	ADV
ftr-441	266	34	their	their	PRON
ftr-441	266	35	share	share	NOUN
ftr-441	266	36	of	of	ADP
ftr-441	266	37	it	it	PRON
ftr-441	266	38	.	.	PUNCT
ftr-441	267	1	how	how	SCONJ
ftr-441	267	2	is	be	AUX
ftr-441	267	3	the	the	DET
ftr-441	267	4	allocation	allocation	NOUN
ftr-441	267	5	of	of	ADP
ftr-441	267	6	income	income	NOUN
ftr-441	267	7	and	and	CCONJ
ftr-441	267	8	other	other	ADJ
ftr-441	267	9	items	item	NOUN
ftr-441	267	10	determined	determine	VERB
ftr-441	267	11	for	for	ADP
ftr-441	267	12	tax	tax	NOUN
ftr-441	267	13	purposes	purpose	NOUN
ftr-441	267	14	under	under	ADP
ftr-441	267	15	current	current	ADJ
ftr-441	267	16	law	law	NOUN
ftr-441	267	17	?	?	PUNCT
ftr-441	268	1	in	in	ADP
ftr-441	268	2	general	general	ADJ
ftr-441	268	3	,	,	PUNCT
ftr-441	268	4	current	current	ADJ
ftr-441	268	5	law	law	NOUN
ftr-441	268	6	permits	permit	VERB
ftr-441	268	7	the	the	DET
ftr-441	268	8	allocation	allocation	NOUN
ftr-441	268	9	of	of	ADP
ftr-441	268	10	tax	tax	NOUN
ftr-441	268	11	items	item	NOUN
ftr-441	268	12	to	to	PART
ftr-441	268	13	be	be	AUX
ftr-441	268	14	made	make	VERB
ftr-441	268	15	with	with	ADP
ftr-441	268	16	great	great	ADJ
ftr-441	268	17	flexibility	flexibility	NOUN
ftr-441	268	18	.	.	PUNCT
ftr-441	269	1	indeed	indeed	ADV
ftr-441	269	2	,	,	PUNCT
ftr-441	269	3	the	the	DET
ftr-441	269	4	general	general	ADJ
ftr-441	269	5	rule	rule	NOUN
ftr-441	269	6	for	for	ADP
ftr-441	269	7	a	a	DET
ftr-441	269	8	partnership	partnership	NOUN
ftr-441	269	9	allows	allow	VERB
ftr-441	269	10	the	the	DET
ftr-441	269	11	determination	determination	NOUN
ftr-441	269	12	to	to	PART
ftr-441	269	13	be	be	AUX
ftr-441	269	14	made	make	VERB
ftr-441	269	15	by	by	ADP
ftr-441	269	16	the	the	DET
ftr-441	269	17	partners	partner	NOUN
ftr-441	269	18	in	in	ADP
ftr-441	269	19	their	their	PRON
ftr-441	269	20	partnership	partnership	NOUN
ftr-441	269	21	agreement.37	agreement.37	ADV
ftr-441	269	22	hence	hence	ADV
ftr-441	269	23	,	,	PUNCT
ftr-441	269	24	by	by	ADP
ftr-441	269	25	private	private	ADJ
ftr-441	269	26	agreement	agreement	NOUN
ftr-441	269	27	,	,	PUNCT
ftr-441	269	28	the	the	DET
ftr-441	269	29	partners	partner	NOUN
ftr-441	269	30	might	might	AUX
ftr-441	269	31	decide	decide	VERB
ftr-441	269	32	to	to	PART
ftr-441	269	33	allocate	allocate	VERB
ftr-441	269	34	the	the	DET
ftr-441	269	35	income	income	NOUN
ftr-441	269	36	of	of	ADP
ftr-441	269	37	the	the	DET
ftr-441	269	38	partnership	partnership	NOUN
ftr-441	269	39	equally	equally	ADV
ftr-441	269	40	among	among	ADP
ftr-441	269	41	themselves	themselves	PRON
ftr-441	269	42	,	,	PUNCT
ftr-441	269	43	or	or	CCONJ
ftr-441	269	44	to	to	PART
ftr-441	269	45	allocate	allocate	VERB
ftr-441	269	46	all	all	PRON
ftr-441	269	47	of	of	ADP
ftr-441	269	48	the	the	DET
ftr-441	269	49	income	income	NOUN
ftr-441	269	50	to	to	ADP
ftr-441	269	51	only	only	ADV
ftr-441	269	52	one	one	NUM
ftr-441	269	53	partner	partner	NOUN
ftr-441	269	54	,	,	PUNCT
ftr-441	269	55	or	or	CCONJ
ftr-441	269	56	to	to	PART
ftr-441	269	57	provide	provide	VERB
ftr-441	269	58	for	for	ADP
ftr-441	269	59	any	any	DET
ftr-441	269	60	other	other	ADJ
ftr-441	269	61	sharing	sharing	NOUN
ftr-441	269	62	arrangement	arrangement	NOUN
ftr-441	269	63	.	.	PUNCT
ftr-441	270	1	assuming	assume	VERB
ftr-441	270	2	the	the	DET
ftr-441	270	3	allocation	allocation	NOUN
ftr-441	270	4	has	have	VERB
ftr-441	270	5	"	"	PUNCT
ftr-441	270	6	substantial	substantial	ADJ
ftr-441	270	7	economic	economic	ADJ
ftr-441	270	8	effect	effect	NOUN
ftr-441	270	9	,	,	PUNCT
ftr-441	270	10	"	"	PUNCT
ftr-441	270	11	a	a	DET
ftr-441	270	12	concept	concept	NOUN
ftr-441	270	13	discussed	discuss	VERB
ftr-441	270	14	below	below	ADV
ftr-441	270	15	,	,	PUNCT
ftr-441	270	16	the	the	DET
ftr-441	270	17	only	only	ADJ
ftr-441	270	18	limitation	limitation	NOUN
ftr-441	270	19	is	be	AUX
ftr-441	270	20	that	that	SCONJ
ftr-441	270	21	all	all	PRON
ftr-441	270	22	of	of	ADP
ftr-441	270	23	the	the	DET
ftr-441	270	24	partnership	partnership	NOUN
ftr-441	270	25	taxable	taxable	ADJ
ftr-441	270	26	income	income	NOUN
ftr-441	270	27	must	must	AUX
ftr-441	270	28	be	be	AUX
ftr-441	270	29	reported	report	VERB
ftr-441	270	30	by	by	ADP
ftr-441	270	31	some	some	DET
ftr-441	270	32	partner	partner	NOUN
ftr-441	270	33	or	or	CCONJ
ftr-441	270	34	partners	partner	NOUN
ftr-441	270	35	for	for	ADP
ftr-441	270	36	the	the	DET
ftr-441	270	37	year	year	NOUN
ftr-441	270	38	.	.	PUNCT
ftr-441	271	1	the	the	DET
ftr-441	271	2	partners	partner	NOUN
ftr-441	271	3	also	also	ADV
ftr-441	271	4	may	may	AUX
ftr-441	271	5	allocate	allocate	VERB
ftr-441	271	6	to	to	ADP
ftr-441	271	7	themselves	themselves	PRON
ftr-441	271	8	different	different	ADJ
ftr-441	271	9	shares	share	NOUN
ftr-441	271	10	of	of	ADP
ftr-441	271	11	each	each	DET
ftr-441	271	12	partnership	partnership	NOUN
ftr-441	271	13	tax	tax	NOUN
ftr-441	271	14	item	item	NOUN
ftr-441	271	15	in	in	ADP
ftr-441	271	16	any	any	DET
ftr-441	271	17	given	give	VERB
ftr-441	271	18	year	year	NOUN
ftr-441	271	19	and	and	CCONJ
ftr-441	271	20	may	may	AUX
ftr-441	271	21	vary	vary	VERB
ftr-441	271	22	the	the	DET
ftr-441	271	23	allocation	allocation	NOUN
ftr-441	271	24	of	of	ADP
ftr-441	271	25	each	each	DET
ftr-441	271	26	37	37	NUM
ftr-441	271	27	.	.	PUNCT
ftr-441	272	1	see	see	VERB
ftr-441	272	2	irc	irc	PROPN
ftr-441	272	3	§	§	PROPN
ftr-441	272	4	704(a	704(a	PROPN
ftr-441	272	5	)	)	PUNCT
ftr-441	272	6	.	.	PUNCT
ftr-441	273	1	[	[	X
ftr-441	273	2	vol	vol	NOUN
ftr-441	273	3	4:3	4:3	NUM
ftr-441	273	4	the	the	DET
ftr-441	273	5	future	future	ADJ
ftr-441	273	6	taxation	taxation	NOUN
ftr-441	273	7	of	of	ADP
ftr-441	273	8	private	private	ADJ
ftr-441	273	9	business	business	NOUN
ftr-441	273	10	finns	finn	VERB
ftr-441	273	11	such	such	ADJ
ftr-441	273	12	item	item	NOUN
ftr-441	273	13	from	from	ADP
ftr-441	273	14	year	year	NOUN
ftr-441	273	15	to	to	ADP
ftr-441	273	16	year	year	NOUN
ftr-441	273	17	.	.	PUNCT
ftr-441	274	1	the	the	DET
ftr-441	274	2	tax	tax	NOUN
ftr-441	274	3	sharing	sharing	NOUN
ftr-441	274	4	rules	rule	NOUN
ftr-441	274	5	are	be	AUX
ftr-441	274	6	flexible	flexible	ADJ
ftr-441	274	7	to	to	PART
ftr-441	274	8	permit	permit	VERB
ftr-441	274	9	consistency	consistency	NOUN
ftr-441	274	10	with	with	ADP
ftr-441	274	11	flexible	flexible	ADJ
ftr-441	274	12	economic	economic	ADJ
ftr-441	274	13	sharing	sharing	NOUN
ftr-441	274	14	arrangements	arrangement	NOUN
ftr-441	274	15	.	.	PUNCT
ftr-441	275	1	indeed	indeed	ADV
ftr-441	275	2	,	,	PUNCT
ftr-441	275	3	the	the	DET
ftr-441	275	4	tax	tax	NOUN
ftr-441	275	5	shares	share	NOUN
ftr-441	275	6	can	can	AUX
ftr-441	275	7	even	even	ADV
ftr-441	275	8	be	be	AUX
ftr-441	275	9	determined	determine	VERB
ftr-441	275	10	with	with	ADP
ftr-441	275	11	hindsight	hindsight	ADJ
ftr-441	275	12	,	,	PUNCT
ftr-441	275	13	that	that	ADV
ftr-441	275	14	is	is	ADV
ftr-441	275	15	,	,	PUNCT
ftr-441	275	16	after	after	ADP
ftr-441	275	17	the	the	DET
ftr-441	275	18	end	end	NOUN
ftr-441	275	19	of	of	ADP
ftr-441	275	20	the	the	DET
ftr-441	275	21	year	year	NOUN
ftr-441	275	22	in	in	ADP
ftr-441	275	23	question	question	NOUN
ftr-441	275	24	,	,	PUNCT
ftr-441	275	25	to	to	PART
ftr-441	275	26	accommodate	accommodate	VERB
ftr-441	275	27	the	the	DET
ftr-441	275	28	often	often	ADV
ftr-441	275	29	hindsight	hindsight	ADJ
ftr-441	275	30	determinations	determination	NOUN
ftr-441	275	31	of	of	ADP
ftr-441	275	32	economic	economic	ADJ
ftr-441	275	33	shares	share	NOUN
ftr-441	275	34	.	.	PUNCT
ftr-441	276	1	but	but	CCONJ
ftr-441	276	2	flexible	flexible	ADJ
ftr-441	276	3	tax	tax	NOUN
ftr-441	276	4	sharing	sharing	NOUN
ftr-441	276	5	rules	rule	NOUN
ftr-441	276	6	also	also	ADV
ftr-441	276	7	may	may	AUX
ftr-441	276	8	be	be	AUX
ftr-441	276	9	used	use	VERB
ftr-441	276	10	simply	simply	ADV
ftr-441	276	11	to	to	PART
ftr-441	276	12	minimize	minimize	VERB
ftr-441	276	13	the	the	DET
ftr-441	276	14	collective	collective	ADJ
ftr-441	276	15	tax	tax	NOUN
ftr-441	276	16	liabilities	liability	NOUN
ftr-441	276	17	of	of	ADP
ftr-441	276	18	the	the	DET
ftr-441	276	19	partners	partner	NOUN
ftr-441	276	20	,	,	PUNCT
ftr-441	276	21	to	to	ADP
ftr-441	276	22	the	the	DET
ftr-441	276	23	detriment	detriment	NOUN
ftr-441	276	24	of	of	ADP
ftr-441	276	25	the	the	DET
ftr-441	276	26	treasury	treasury	NOUN
ftr-441	276	27	and	and	CCONJ
ftr-441	276	28	all	all	DET
ftr-441	276	29	other	other	ADJ
ftr-441	276	30	taxpayers	taxpayer	NOUN
ftr-441	276	31	.	.	PUNCT
ftr-441	277	1	by	by	ADP
ftr-441	277	2	allocating	allocate	VERB
ftr-441	277	3	items	item	NOUN
ftr-441	277	4	to	to	ADP
ftr-441	277	5	the	the	DET
ftr-441	277	6	partner	partner	NOUN
ftr-441	277	7	who	who	PRON
ftr-441	277	8	is	be	AUX
ftr-441	277	9	in	in	ADP
ftr-441	277	10	a	a	DET
ftr-441	277	11	position	position	NOUN
ftr-441	277	12	to	to	PART
ftr-441	277	13	utilize	utilize	VERB
ftr-441	277	14	them	they	PRON
ftr-441	277	15	most	most	ADV
ftr-441	277	16	favorably	favorably	ADV
ftr-441	277	17	for	for	ADP
ftr-441	277	18	tax	tax	NOUN
ftr-441	277	19	purposes	purpose	NOUN
ftr-441	277	20	,	,	PUNCT
ftr-441	277	21	the	the	DET
ftr-441	277	22	partners	partner	NOUN
ftr-441	277	23	can	can	AUX
ftr-441	277	24	put	put	VERB
ftr-441	277	25	their	their	PRON
ftr-441	277	26	respective	respective	ADJ
ftr-441	277	27	tax	tax	NOUN
ftr-441	277	28	advantages	advantage	NOUN
ftr-441	277	29	to	to	PART
ftr-441	277	30	best	good	ADJ
ftr-441	277	31	use	use	VERB
ftr-441	277	32	and	and	CCONJ
ftr-441	277	33	share	share	VERB
ftr-441	277	34	in	in	ADP
ftr-441	277	35	the	the	DET
ftr-441	277	36	resulting	result	VERB
ftr-441	277	37	tax	tax	NOUN
ftr-441	277	38	savings	saving	NOUN
ftr-441	277	39	.	.	PUNCT
ftr-441	278	1	as	as	SCONJ
ftr-441	278	2	professor	professor	PROPN
ftr-441	278	3	surrey	surrey	NOUN
ftr-441	278	4	and	and	CCONJ
ftr-441	278	5	others	other	NOUN
ftr-441	278	6	stated	state	VERB
ftr-441	278	7	with	with	ADP
ftr-441	278	8	some	some	DET
ftr-441	278	9	concern	concern	NOUN
ftr-441	278	10	when	when	SCONJ
ftr-441	278	11	special	special	ADJ
ftr-441	278	12	allocations	allocation	NOUN
ftr-441	278	13	were	be	AUX
ftr-441	278	14	first	first	ADV
ftr-441	278	15	permitted	permit	VERB
ftr-441	278	16	in	in	ADP
ftr-441	278	17	1954	1954	NUM
ftr-441	278	18	:	:	PUNCT
ftr-441	278	19	...	...	PUNCT
ftr-441	279	1	parties	party	NOUN
ftr-441	279	2	,	,	PUNCT
ftr-441	279	3	perhaps	perhaps	ADV
ftr-441	279	4	for	for	ADP
ftr-441	279	5	the	the	DET
ftr-441	279	6	first	first	ADJ
ftr-441	279	7	time	time	NOUN
ftr-441	279	8	in	in	ADP
ftr-441	279	9	the	the	DET
ftr-441	279	10	history	history	NOUN
ftr-441	279	11	of	of	ADP
ftr-441	279	12	the	the	DET
ftr-441	279	13	tax	tax	NOUN
ftr-441	279	14	laws	law	NOUN
ftr-441	279	15	,	,	PUNCT
ftr-441	279	16	will	will	AUX
ftr-441	279	17	be	be	AUX
ftr-441	279	18	permitted	permit	VERB
ftr-441	279	19	to	to	PART
ftr-441	279	20	agree	agree	VERB
ftr-441	279	21	on	on	ADP
ftr-441	279	22	the	the	DET
ftr-441	279	23	incidence	incidence	NOUN
ftr-441	279	24	of	of	ADP
ftr-441	279	25	tax	tax	NOUN
ftr-441	279	26	;	;	PUNCT
ftr-441	279	27	to	to	PART
ftr-441	279	28	agree	agree	VERB
ftr-441	279	29	as	as	ADP
ftr-441	279	30	to	to	ADP
ftr-441	279	31	which	which	PRON
ftr-441	279	32	of	of	ADP
ftr-441	279	33	several	several	ADJ
ftr-441	279	34	co	co	NOUN
ftr-441	279	35	-	-	NOUN
ftr-441	279	36	earners	earner	NOUN
ftr-441	279	37	of	of	ADP
ftr-441	279	38	income	income	NOUN
ftr-441	279	39	shall	shall	AUX
ftr-441	279	40	be	be	AUX
ftr-441	279	41	entitled	entitle	VERB
ftr-441	279	42	to	to	ADP
ftr-441	279	43	specific	specific	ADJ
ftr-441	279	44	items	item	NOUN
ftr-441	279	45	of	of	ADP
ftr-441	279	46	income	income	NOUN
ftr-441	279	47	and	and	CCONJ
ftr-441	279	48	of	of	ADP
ftr-441	279	49	income	income	NOUN
ftr-441	279	50	tax	tax	NOUN
ftr-441	279	51	deduction	deduction	NOUN
ftr-441	279	52	and	and	CCONJ
ftr-441	279	53	credits	credit	NOUN
ftr-441	279	54	.	.	PUNCT
ftr-441	280	1	capital	capital	NOUN
ftr-441	280	2	gains	gain	NOUN
ftr-441	280	3	could	could	AUX
ftr-441	280	4	be	be	AUX
ftr-441	280	5	allocated	allocate	VERB
ftr-441	280	6	on	on	ADP
ftr-441	280	7	one	one	NUM
ftr-441	280	8	basis	basis	NOUN
ftr-441	280	9	,	,	PUNCT
ftr-441	280	10	dividends	dividend	NOUN
ftr-441	280	11	on	on	ADP
ftr-441	280	12	another	another	DET
ftr-441	280	13	,	,	PUNCT
ftr-441	280	14	tax	tax	NOUN
ftr-441	280	15	-	-	PUNCT
ftr-441	280	16	free	free	ADJ
ftr-441	280	17	interest	interest	NOUN
ftr-441	280	18	in	in	ADP
ftr-441	280	19	accordance	accordance	NOUN
ftr-441	280	20	with	with	ADP
ftr-441	280	21	still	still	ADV
ftr-441	280	22	another	another	DET
ftr-441	280	23	ratio	ratio	NOUN
ftr-441	280	24	.	.	PUNCT
ftr-441	281	1	by	by	ADP
ftr-441	281	2	agreement	agreement	NOUN
ftr-441	281	3	,	,	PUNCT
ftr-441	281	4	operating	operating	NOUN
ftr-441	281	5	expenses	expense	NOUN
ftr-441	281	6	,	,	PUNCT
ftr-441	281	7	depletion	depletion	NOUN
ftr-441	281	8	or	or	CCONJ
ftr-441	281	9	depreciation	depreciation	NOUN
ftr-441	281	10	could	could	AUX
ftr-441	281	11	all	all	PRON
ftr-441	281	12	be	be	AUX
ftr-441	281	13	allocated	allocate	VERB
ftr-441	281	14	in	in	ADP
ftr-441	281	15	differing	differ	VERB
ftr-441	281	16	proportions	proportion	NOUN
ftr-441	281	17	.	.	PUNCT
ftr-441	282	1	the	the	DET
ftr-441	282	2	ability	ability	NOUN
ftr-441	282	3	to	to	PART
ftr-441	282	4	contract	contract	VERB
ftr-441	282	5	with	with	ADP
ftr-441	282	6	respect	respect	NOUN
ftr-441	282	7	to	to	ADP
ftr-441	282	8	specific	specific	ADJ
ftr-441	282	9	items	item	NOUN
ftr-441	282	10	of	of	ADP
ftr-441	282	11	income	income	NOUN
ftr-441	282	12	,	,	PUNCT
ftr-441	282	13	and	and	CCONJ
ftr-441	282	14	particularly	particularly	ADV
ftr-441	282	15	with	with	ADP
ftr-441	282	16	respect	respect	NOUN
ftr-441	282	17	to	to	ADP
ftr-441	282	18	specific	specific	ADJ
ftr-441	282	19	items	item	NOUN
ftr-441	282	20	of	of	ADP
ftr-441	282	21	deduction	deduction	NOUN
ftr-441	282	22	and	and	CCONJ
ftr-441	282	23	credit	credit	NOUN
ftr-441	282	24	,	,	PUNCT
ftr-441	282	25	would	would	AUX
ftr-441	282	26	give	give	VERB
ftr-441	282	27	the	the	DET
ftr-441	282	28	ingenious	ingenious	ADJ
ftr-441	282	29	businessman	businessman	NOUN
ftr-441	282	30	and	and	CCONJ
ftr-441	282	31	his	his	PRON
ftr-441	282	32	lawyers	lawyer	NOUN
ftr-441	282	33	the	the	DET
ftr-441	282	34	utmost	utmost	ADJ
ftr-441	282	35	flexibility	flexibility	NOUN
ftr-441	282	36	in	in	ADP
ftr-441	282	37	devising	devise	VERB
ftr-441	282	38	a	a	DET
ftr-441	282	39	variety	variety	NOUN
ftr-441	282	40	of	of	ADP
ftr-441	282	41	novel	novel	NOUN
ftr-441	282	42	and	and	CCONJ
ftr-441	282	43	unique	unique	ADJ
ftr-441	282	44	business	business	NOUN
ftr-441	282	45	arrangements.38	arrangements.38	NOUN
ftr-441	282	46	is	be	AUX
ftr-441	282	47	there	there	PRON
ftr-441	282	48	anything	anything	PRON
ftr-441	282	49	wrong	wrong	ADJ
ftr-441	282	50	with	with	ADP
ftr-441	282	51	the	the	DET
ftr-441	282	52	partners	partner	NOUN
ftr-441	282	53	minimizing	minimize	VERB
ftr-441	282	54	their	their	PRON
ftr-441	282	55	collective	collective	ADJ
ftr-441	282	56	tax	tax	NOUN
ftr-441	282	57	liabilities	liability	NOUN
ftr-441	282	58	in	in	ADP
ftr-441	282	59	that	that	DET
ftr-441	282	60	manner	manner	NOUN
ftr-441	282	61	?	?	PUNCT
ftr-441	283	1	the	the	DET
ftr-441	283	2	objection	objection	NOUN
ftr-441	283	3	,	,	PUNCT
ftr-441	283	4	often	often	ADV
ftr-441	283	5	unstated	unstate	VERB
ftr-441	283	6	,	,	PUNCT
ftr-441	283	7	is	be	AUX
ftr-441	283	8	the	the	DET
ftr-441	283	9	concern	concern	NOUN
ftr-441	283	10	that	that	SCONJ
ftr-441	283	11	the	the	DET
ftr-441	283	12	partnership	partnership	NOUN
ftr-441	283	13	vehicle	vehicle	NOUN
ftr-441	283	14	permits	permit	VERB
ftr-441	283	15	the	the	DET
ftr-441	283	16	taxpayer	taxpayer	NOUN
ftr-441	283	17	to	to	PART
ftr-441	283	18	obtain	obtain	VERB
ftr-441	283	19	a	a	DET
ftr-441	283	20	tax	tax	NOUN
ftr-441	283	21	result	result	NOUN
ftr-441	283	22	more	more	ADV
ftr-441	283	23	favorable	favorable	ADJ
ftr-441	283	24	than	than	ADP
ftr-441	283	25	the	the	DET
ftr-441	283	26	one	one	NOUN
ftr-441	283	27	that	that	PRON
ftr-441	283	28	would	would	AUX
ftr-441	283	29	have	have	AUX
ftr-441	283	30	arisen	arise	VERB
ftr-441	283	31	had	have	VERB
ftr-441	283	32	the	the	DET
ftr-441	283	33	taxpayer	taxpayer	NOUN
ftr-441	283	34	simply	simply	ADV
ftr-441	283	35	owned	own	VERB
ftr-441	283	36	a	a	DET
ftr-441	283	37	share	share	NOUN
ftr-441	283	38	of	of	ADP
ftr-441	283	39	the	the	DET
ftr-441	283	40	business	business	NOUN
ftr-441	283	41	's	's	PART
ftr-441	283	42	assets	asset	NOUN
ftr-441	283	43	directly.39	directly.39	NOUN
ftr-441	283	44	thus	thus	ADV
ftr-441	283	45	,	,	PUNCT
ftr-441	283	46	assume	assume	VERB
ftr-441	283	47	a	a	DET
ftr-441	283	48	taxpayer	taxpayer	NOUN
ftr-441	283	49	would	would	AUX
ftr-441	283	50	have	have	AUX
ftr-441	283	51	had	have	VERB
ftr-441	283	52	$	$	SYM
ftr-441	283	53	100	100	NUM
ftr-441	283	54	of	of	ADP
ftr-441	283	55	taxable	taxable	ADJ
ftr-441	283	56	income	income	NOUN
ftr-441	283	57	from	from	ADP
ftr-441	283	58	a	a	DET
ftr-441	283	59	share	share	NOUN
ftr-441	283	60	of	of	ADP
ftr-441	283	61	certain	certain	ADJ
ftr-441	283	62	real	real	ADJ
ftr-441	283	63	estate	estate	NOUN
ftr-441	283	64	assets	asset	NOUN
ftr-441	283	65	had	have	VERB
ftr-441	283	66	the	the	DET
ftr-441	283	67	taxpayer	taxpayer	NOUN
ftr-441	283	68	owned	own	VERB
ftr-441	283	69	that	that	PRON
ftr-441	283	70	share	share	VERB
ftr-441	283	71	directly	directly	ADV
ftr-441	283	72	.	.	PUNCT
ftr-441	284	1	assume	assume	VERB
ftr-441	284	2	that	that	SCONJ
ftr-441	284	3	with	with	ADP
ftr-441	284	4	$	$	SYM
ftr-441	284	5	100	100	NUM
ftr-441	284	6	of	of	ADP
ftr-441	284	7	income	income	NOUN
ftr-441	284	8	for	for	ADP
ftr-441	284	9	the	the	DET
ftr-441	284	10	year	year	NOUN
ftr-441	284	11	from	from	ADP
ftr-441	284	12	the	the	DET
ftr-441	284	13	asset	asset	NOUN
ftr-441	284	14	,	,	PUNCT
ftr-441	284	15	a	a	DET
ftr-441	284	16	portion	portion	NOUN
ftr-441	284	17	of	of	ADP
ftr-441	284	18	the	the	DET
ftr-441	284	19	taxpayer	taxpayer	NOUN
ftr-441	284	20	's	's	PART
ftr-441	284	21	net	net	ADJ
ftr-441	284	22	operating	operating	NOUN
ftr-441	284	23	loss	loss	NOUN
ftr-441	284	24	38	38	NUM
ftr-441	284	25	.	.	PUNCT
ftr-441	285	1	see	see	VERB
ftr-441	285	2	j.	j.	PROPN
ftr-441	285	3	paul	paul	PROPN
ftr-441	285	4	jackson	jackson	PROPN
ftr-441	285	5	,	,	PUNCT
ftr-441	285	6	mark	mark	PROPN
ftr-441	285	7	h.	h.	PROPN
ftr-441	285	8	johnson	johnson	PROPN
ftr-441	285	9	,	,	PUNCT
ftr-441	285	10	stanley	stanley	PROPN
ftr-441	285	11	s.	s.	PROPN
ftr-441	285	12	surrey	surrey	PROPN
ftr-441	285	13	,	,	PUNCT
ftr-441	285	14	carolyn	carolyn	PROPN
ftr-441	285	15	k.	k.	PROPN
ftr-441	285	16	tenen	tenen	PROPN
ftr-441	285	17	&	&	CCONJ
ftr-441	285	18	william	william	PROPN
ftr-441	285	19	c.	c.	PROPN
ftr-441	285	20	warren	warren	PROPN
ftr-441	285	21	,	,	PUNCT
ftr-441	285	22	the	the	DET
ftr-441	285	23	internal	internal	ADJ
ftr-441	285	24	revenue	revenue	NOUN
ftr-441	285	25	code	code	NOUN
ftr-441	285	26	of	of	ADP
ftr-441	285	27	1954	1954	NUM
ftr-441	285	28	:	:	PUNCT
ftr-441	285	29	partnerships	partnership	NOUN
ftr-441	285	30	,	,	PUNCT
ftr-441	285	31	54	54	NUM
ftr-441	285	32	colun	colun	NOUN
ftr-441	285	33	.	.	PUNCT
ftr-441	286	1	l	l	PROPN
ftr-441	286	2	rev	rev	PROPN
ftr-441	286	3	.	.	PROPN
ftr-441	286	4	1183	1183	NUM
ftr-441	286	5	,	,	PUNCT
ftr-441	286	6	1187	1187	NUM
ftr-441	286	7	-	-	SYM
ftr-441	286	8	88	88	NUM
ftr-441	286	9	(	(	PUNCT
ftr-441	286	10	1954	1954	NUM
ftr-441	286	11	)	)	PUNCT
ftr-441	286	12	.	.	PUNCT
ftr-441	287	1	39	39	NUM
ftr-441	287	2	.	.	PUNCT
ftr-441	288	1	cf	cf	NOUN
ftr-441	288	2	.	.	PUNCT
ftr-441	288	3	regs	regs	PROPN
ftr-441	288	4	.	.	PUNCT
ftr-441	289	1	§	§	PROPN
ftr-441	289	2	1.701	1.701	NUM
ftr-441	289	3	-	-	SYM
ftr-441	289	4	2(c)(1	2(c)(1	NUM
ftr-441	289	5	)	)	PUNCT
ftr-441	289	6	(	(	PUNCT
ftr-441	289	7	potential	potential	ADJ
ftr-441	289	8	applicability	applicability	NOUN
ftr-441	289	9	of	of	ADP
ftr-441	289	10	partnership	partnership	NOUN
ftr-441	289	11	anti	anti	ADJ
ftr-441	289	12	-	-	ADJ
ftr-441	289	13	abuse	abuse	ADJ
ftr-441	289	14	regulation	regulation	NOUN
ftr-441	289	15	if	if	SCONJ
ftr-441	289	16	"	"	PUNCT
ftr-441	289	17	[	[	X
ftr-441	289	18	t]he	t]he	X
ftr-441	289	19	present	present	ADJ
ftr-441	289	20	value	value	NOUN
ftr-441	289	21	of	of	ADP
ftr-441	289	22	the	the	DET
ftr-441	289	23	partners	partner	NOUN
ftr-441	289	24	'	'	PART
ftr-441	289	25	aggregate	aggregate	ADJ
ftr-441	289	26	federal	federal	ADJ
ftr-441	289	27	tax	tax	NOUN
ftr-441	289	28	liability	liability	NOUN
ftr-441	289	29	is	be	AUX
ftr-441	289	30	substantially	substantially	ADV
ftr-441	289	31	less	less	ADJ
ftr-441	289	32	than	than	SCONJ
ftr-441	289	33	had	have	VERB
ftr-441	289	34	the	the	DET
ftr-441	289	35	partners	partner	NOUN
ftr-441	289	36	owned	own	VERB
ftr-441	289	37	the	the	DET
ftr-441	289	38	partnership	partnership	NOUN
ftr-441	289	39	's	's	PART
ftr-441	289	40	assets	asset	NOUN
ftr-441	289	41	and	and	CCONJ
ftr-441	289	42	conducted	conduct	VERB
ftr-441	289	43	the	the	DET
ftr-441	289	44	partnership	partnership	NOUN
ftr-441	289	45	's	's	PART
ftr-441	289	46	activities	activity	NOUN
ftr-441	289	47	directly	directly	ADV
ftr-441	289	48	"	"	PUNCT
ftr-441	289	49	)	)	PUNCT
ftr-441	289	50	.	.	PUNCT
ftr-441	290	1	19991	19991	NUM
ftr-441	290	2	florida	florida	PROPN
ftr-441	290	3	tax	tax	NOUN
ftr-441	290	4	review	review	NOUN
ftr-441	290	5	carryover	carryover	NOUN
ftr-441	290	6	would	would	AUX
ftr-441	290	7	have	have	AUX
ftr-441	290	8	expired	expire	VERB
ftr-441	290	9	unused	unused	ADJ
ftr-441	290	10	.	.	PUNCT
ftr-441	291	1	to	to	PART
ftr-441	291	2	preserve	preserve	VERB
ftr-441	291	3	the	the	DET
ftr-441	291	4	integrity	integrity	NOUN
ftr-441	291	5	of	of	ADP
ftr-441	291	6	the	the	DET
ftr-441	291	7	taxable	taxable	ADJ
ftr-441	291	8	unit	unit	NOUN
ftr-441	291	9	,	,	PUNCT
ftr-441	291	10	the	the	DET
ftr-441	291	11	tax	tax	NOUN
ftr-441	291	12	laws	law	NOUN
ftr-441	291	13	presumably	presumably	ADV
ftr-441	291	14	should	should	AUX
ftr-441	291	15	not	not	PART
ftr-441	291	16	permit	permit	VERB
ftr-441	291	17	the	the	DET
ftr-441	291	18	taxpayer	taxpayer	NOUN
ftr-441	291	19	to	to	PART
ftr-441	291	20	join	join	VERB
ftr-441	291	21	up	up	ADP
ftr-441	291	22	with	with	ADP
ftr-441	291	23	two	two	NUM
ftr-441	291	24	others	other	NOUN
ftr-441	291	25	,	,	PUNCT
ftr-441	291	26	obtain	obtain	VERB
ftr-441	291	27	a	a	DET
ftr-441	291	28	special	special	ADJ
ftr-441	291	29	$	$	SYM
ftr-441	291	30	300	300	NUM
ftr-441	291	31	allocation	allocation	NOUN
ftr-441	291	32	of	of	ADP
ftr-441	291	33	taxable	taxable	ADJ
ftr-441	291	34	income	income	NOUN
ftr-441	291	35	for	for	ADP
ftr-441	291	36	the	the	DET
ftr-441	291	37	year	year	NOUN
ftr-441	291	38	(	(	PUNCT
ftr-441	291	39	representing	represent	VERB
ftr-441	291	40	the	the	DET
ftr-441	291	41	taxpayer	taxpayer	NOUN
ftr-441	291	42	's	's	PART
ftr-441	291	43	share	share	NOUN
ftr-441	291	44	of	of	ADP
ftr-441	291	45	income	income	NOUN
ftr-441	291	46	from	from	ADP
ftr-441	291	47	the	the	DET
ftr-441	291	48	asset	asset	NOUN
ftr-441	291	49	and	and	CCONJ
ftr-441	291	50	the	the	DET
ftr-441	291	51	shares	share	NOUN
ftr-441	291	52	of	of	ADP
ftr-441	291	53	the	the	DET
ftr-441	291	54	taxpayer	taxpayer	NOUN
ftr-441	291	55	's	's	PART
ftr-441	291	56	partners	partner	NOUN
ftr-441	291	57	)	)	PUNCT
ftr-441	291	58	,	,	PUNCT
ftr-441	291	59	offset	offset	VERB
ftr-441	291	60	it	it	PRON
ftr-441	291	61	with	with	ADP
ftr-441	291	62	a	a	DET
ftr-441	291	63	disproportionately	disproportionately	ADV
ftr-441	291	64	small	small	ADJ
ftr-441	291	65	allocation	allocation	NOUN
ftr-441	291	66	of	of	ADP
ftr-441	291	67	income	income	NOUN
ftr-441	291	68	in	in	ADP
ftr-441	291	69	future	future	ADJ
ftr-441	291	70	years	year	NOUN
ftr-441	291	71	,	,	PUNCT
ftr-441	291	72	and	and	CCONJ
ftr-441	291	73	thereby	thereby	ADV
ftr-441	291	74	make	make	VERB
ftr-441	291	75	greater	great	ADJ
ftr-441	291	76	use	use	NOUN
ftr-441	291	77	of	of	ADP
ftr-441	291	78	the	the	DET
ftr-441	291	79	carryover	carryover	NOUN
ftr-441	291	80	than	than	SCONJ
ftr-441	291	81	would	would	AUX
ftr-441	291	82	otherwise	otherwise	ADV
ftr-441	291	83	have	have	AUX
ftr-441	291	84	been	be	AUX
ftr-441	291	85	possible	possible	ADJ
ftr-441	291	86	.	.	PUNCT
ftr-441	292	1	a	a	DET
ftr-441	292	2	tax	tax	NOUN
ftr-441	292	3	system	system	NOUN
ftr-441	292	4	allowing	allow	VERB
ftr-441	292	5	that	that	PRON
ftr-441	292	6	result	result	NOUN
ftr-441	292	7	neither	neither	CCONJ
ftr-441	292	8	protects	protect	VERB
ftr-441	292	9	vertical	vertical	ADJ
ftr-441	292	10	equity	equity	NOUN
ftr-441	292	11	objectives	objective	NOUN
ftr-441	292	12	nor	nor	CCONJ
ftr-441	292	13	is	be	AUX
ftr-441	292	14	neutral	neutral	ADJ
ftr-441	292	15	in	in	ADP
ftr-441	292	16	the	the	DET
ftr-441	292	17	choice	choice	NOUN
ftr-441	292	18	of	of	ADP
ftr-441	292	19	business	business	NOUN
ftr-441	292	20	form	form	NOUN
ftr-441	292	21	,	,	PUNCT
ftr-441	292	22	the	the	DET
ftr-441	292	23	two	two	NUM
ftr-441	292	24	tax	tax	NOUN
ftr-441	292	25	policy	policy	NOUN
ftr-441	292	26	advantages	advantage	NOUN
ftr-441	292	27	initially	initially	ADV
ftr-441	292	28	identified	identify	VERB
ftr-441	292	29	for	for	ADP
ftr-441	292	30	the	the	DET
ftr-441	292	31	conduit	conduit	NOUN
ftr-441	292	32	approach	approach	NOUN
ftr-441	292	33	.	.	PUNCT
ftr-441	293	1	can	can	AUX
ftr-441	293	2	such	such	ADJ
ftr-441	293	3	tax	tax	NOUN
ftr-441	293	4	advantages	advantage	NOUN
ftr-441	293	5	be	be	AUX
ftr-441	293	6	prevented	prevent	VERB
ftr-441	293	7	?	?	PUNCT
ftr-441	294	1	the	the	DET
ftr-441	294	2	statutory	statutory	ADJ
ftr-441	294	3	standard	standard	NOUN
ftr-441	294	4	is	be	AUX
ftr-441	294	5	to	to	PART
ftr-441	294	6	require	require	VERB
ftr-441	294	7	that	that	SCONJ
ftr-441	294	8	an	an	DET
ftr-441	294	9	allocation	allocation	NOUN
ftr-441	294	10	have	have	VERB
ftr-441	294	11	"	"	PUNCT
ftr-441	294	12	substantial	substantial	ADJ
ftr-441	294	13	economic	economic	ADJ
ftr-441	294	14	effect	effect	NOUN
ftr-441	294	15	"	"	PUNCT
ftr-441	294	16	in	in	ADP
ftr-441	294	17	order	order	NOUN
ftr-441	294	18	to	to	PART
ftr-441	294	19	be	be	AUX
ftr-441	294	20	respected	respect	VERB
ftr-441	294	21	.	.	PUNCT
ftr-441	295	1	if	if	SCONJ
ftr-441	295	2	substantial	substantial	ADJ
ftr-441	295	3	economic	economic	ADJ
ftr-441	295	4	effect	effect	NOUN
ftr-441	295	5	is	be	AUX
ftr-441	295	6	absent	absent	ADJ
ftr-441	295	7	,	,	PUNCT
ftr-441	295	8	the	the	DET
ftr-441	295	9	statute	statute	NOUN
ftr-441	295	10	authorizes	authorize	VERB
ftr-441	295	11	a	a	DET
ftr-441	295	12	reallocation	reallocation	NOUN
ftr-441	295	13	of	of	ADP
ftr-441	295	14	all	all	DET
ftr-441	295	15	items	item	NOUN
ftr-441	295	16	in	in	ADP
ftr-441	295	17	accordance	accordance	NOUN
ftr-441	295	18	with	with	ADP
ftr-441	295	19	the	the	DET
ftr-441	295	20	partner	partner	NOUN
ftr-441	295	21	's	's	PART
ftr-441	295	22	normative	normative	ADJ
ftr-441	295	23	or	or	CCONJ
ftr-441	295	24	economic	economic	ADJ
ftr-441	295	25	share	share	NOUN
ftr-441	295	26	of	of	ADP
ftr-441	295	27	the	the	DET
ftr-441	295	28	item	item	NOUN
ftr-441	295	29	in	in	ADP
ftr-441	295	30	question.40	question.40	PROPN
ftr-441	295	31	the	the	DET
ftr-441	295	32	regulations	regulation	NOUN
ftr-441	295	33	interpret	interpret	VERB
ftr-441	295	34	"	"	PUNCT
ftr-441	295	35	substantial	substantial	ADJ
ftr-441	295	36	economic	economic	ADJ
ftr-441	295	37	effect	effect	NOUN
ftr-441	295	38	"	"	PUNCT
ftr-441	295	39	as	as	ADP
ftr-441	295	40	encompassing	encompass	VERB
ftr-441	295	41	two	two	NUM
ftr-441	295	42	requirements	requirement	NOUN
ftr-441	295	43	:	:	PUNCT
ftr-441	295	44	the	the	DET
ftr-441	295	45	allocation	allocation	NOUN
ftr-441	295	46	must	must	AUX
ftr-441	295	47	have	have	VERB
ftr-441	295	48	"	"	PUNCT
ftr-441	295	49	economic	economic	ADJ
ftr-441	295	50	effect	effect	NOUN
ftr-441	295	51	"	"	PUNCT
ftr-441	295	52	and	and	CCONJ
ftr-441	295	53	must	must	AUX
ftr-441	295	54	pass	pass	VERB
ftr-441	295	55	a	a	DET
ftr-441	295	56	"	"	PUNCT
ftr-441	295	57	substantiality	substantiality	NOUN
ftr-441	295	58	"	"	PUNCT
ftr-441	295	59	test.4	test.4	PROPN
ftr-441	295	60	as	as	SCONJ
ftr-441	295	61	we	we	PRON
ftr-441	295	62	will	will	AUX
ftr-441	295	63	see	see	VERB
ftr-441	295	64	,	,	PUNCT
ftr-441	295	65	however	however	ADV
ftr-441	295	66	,	,	PUNCT
ftr-441	295	67	neither	neither	DET
ftr-441	295	68	test	test	NOUN
ftr-441	295	69	is	be	AUX
ftr-441	295	70	particularly	particularly	ADV
ftr-441	295	71	effective	effective	ADJ
ftr-441	295	72	at	at	ADP
ftr-441	295	73	preventing	prevent	VERB
ftr-441	295	74	purely	purely	ADV
ftr-441	295	75	taxmotivated	taxmotivate	VERB
ftr-441	295	76	allocation	allocation	NOUN
ftr-441	295	77	arrangements	arrangement	NOUN
ftr-441	295	78	under	under	ADP
ftr-441	295	79	a	a	DET
ftr-441	295	80	conduit	conduit	NOUN
ftr-441	295	81	method	method	NOUN
ftr-441	295	82	of	of	ADP
ftr-441	295	83	taxation	taxation	NOUN
ftr-441	295	84	.	.	PUNCT
ftr-441	296	1	1	1	X
ftr-441	296	2	.	.	X
ftr-441	296	3	economic	economic	ADJ
ftr-441	296	4	effect.-the	effect.-the	X
ftr-441	296	5	basic	basic	ADJ
ftr-441	296	6	principle	principle	NOUN
ftr-441	296	7	of	of	ADP
ftr-441	296	8	the	the	DET
ftr-441	296	9	"	"	PUNCT
ftr-441	296	10	economic	economic	ADJ
ftr-441	296	11	effect	effect	NOUN
ftr-441	296	12	"	"	PUNCT
ftr-441	296	13	test	test	NOUN
ftr-441	296	14	is	be	AUX
ftr-441	296	15	that	that	SCONJ
ftr-441	296	16	tax	tax	NOUN
ftr-441	296	17	items	item	NOUN
ftr-441	296	18	may	may	AUX
ftr-441	296	19	be	be	AUX
ftr-441	296	20	allocated	allocate	VERB
ftr-441	296	21	to	to	ADP
ftr-441	296	22	partners	partner	NOUN
ftr-441	296	23	only	only	ADV
ftr-441	296	24	in	in	ADP
ftr-441	296	25	the	the	DET
ftr-441	296	26	same	same	ADJ
ftr-441	296	27	manner	manner	NOUN
ftr-441	296	28	in	in	ADP
ftr-441	296	29	which	which	PRON
ftr-441	296	30	they	they	PRON
ftr-441	296	31	share	share	VERB
ftr-441	296	32	the	the	DET
ftr-441	296	33	economic	economic	ADJ
ftr-441	296	34	burdens	burden	NOUN
ftr-441	296	35	and	and	CCONJ
ftr-441	296	36	benefits	benefit	NOUN
ftr-441	296	37	relating	relate	VERB
ftr-441	296	38	to	to	ADP
ftr-441	296	39	those	those	DET
ftr-441	296	40	items.42	items.42	NOUN
ftr-441	296	41	in	in	ADP
ftr-441	296	42	other	other	ADJ
ftr-441	296	43	words	word	NOUN
ftr-441	296	44	,	,	PUNCT
ftr-441	296	45	a	a	DET
ftr-441	296	46	partner	partner	NOUN
ftr-441	296	47	may	may	AUX
ftr-441	296	48	be	be	AUX
ftr-441	296	49	allocated	allocate	VERB
ftr-441	296	50	a	a	DET
ftr-441	296	51	$	$	SYM
ftr-441	296	52	100	100	NUM
ftr-441	296	53	share	share	NOUN
ftr-441	296	54	of	of	ADP
ftr-441	296	55	the	the	DET
ftr-441	296	56	partnership	partnership	NOUN
ftr-441	296	57	's	's	PART
ftr-441	296	58	taxable	taxable	ADJ
ftr-441	296	59	income	income	NOUN
ftr-441	296	60	only	only	ADV
ftr-441	296	61	if	if	SCONJ
ftr-441	296	62	the	the	DET
ftr-441	296	63	partner	partner	NOUN
ftr-441	296	64	is	be	AUX
ftr-441	296	65	also	also	ADV
ftr-441	296	66	allocated	allocate	VERB
ftr-441	296	67	$	$	SYM
ftr-441	296	68	100	100	NUM
ftr-441	296	69	of	of	ADP
ftr-441	296	70	the	the	DET
ftr-441	296	71	partnership	partnership	NOUN
ftr-441	296	72	's	's	PART
ftr-441	296	73	economic	economic	ADJ
ftr-441	296	74	benefit	benefit	NOUN
ftr-441	296	75	relating	relate	VERB
ftr-441	296	76	to	to	ADP
ftr-441	296	77	the	the	DET
ftr-441	296	78	taxable	taxable	ADJ
ftr-441	296	79	income	income	NOUN
ftr-441	296	80	.	.	PUNCT
ftr-441	297	1	the	the	DET
ftr-441	297	2	partner	partner	NOUN
ftr-441	297	3	may	may	AUX
ftr-441	297	4	be	be	AUX
ftr-441	297	5	allocated	allocate	VERB
ftr-441	297	6	a	a	DET
ftr-441	297	7	$	$	SYM
ftr-441	297	8	100	100	NUM
ftr-441	297	9	tax	tax	NOUN
ftr-441	297	10	loss	loss	NOUN
ftr-441	297	11	by	by	ADP
ftr-441	297	12	the	the	DET
ftr-441	297	13	partnership	partnership	NOUN
ftr-441	297	14	only	only	ADV
ftr-441	297	15	if	if	SCONJ
ftr-441	297	16	the	the	DET
ftr-441	297	17	partner	partner	NOUN
ftr-441	297	18	must	must	AUX
ftr-441	297	19	suffer	suffer	VERB
ftr-441	297	20	the	the	DET
ftr-441	297	21	$	$	SYM
ftr-441	297	22	100	100	NUM
ftr-441	297	23	economic	economic	ADJ
ftr-441	297	24	detriment	detriment	NOUN
ftr-441	297	25	relating	relate	VERB
ftr-441	297	26	to	to	ADP
ftr-441	297	27	that	that	DET
ftr-441	297	28	loss	loss	NOUN
ftr-441	297	29	.	.	PUNCT
ftr-441	298	1	as	as	ADP
ftr-441	298	2	a	a	DET
ftr-441	298	3	technical	technical	ADJ
ftr-441	298	4	matter	matter	NOUN
ftr-441	298	5	,	,	PUNCT
ftr-441	298	6	the	the	DET
ftr-441	298	7	regulations	regulation	NOUN
ftr-441	298	8	implement	implement	VERB
ftr-441	298	9	this	this	DET
ftr-441	298	10	principle	principle	NOUN
ftr-441	298	11	by	by	ADP
ftr-441	298	12	focusing	focus	VERB
ftr-441	298	13	on	on	ADP
ftr-441	298	14	the	the	DET
ftr-441	298	15	book	book	NOUN
ftr-441	298	16	capital	capital	NOUN
ftr-441	298	17	accounts	account	NOUN
ftr-441	298	18	of	of	ADP
ftr-441	298	19	the	the	DET
ftr-441	298	20	individual	individual	ADJ
ftr-441	298	21	partners	partner	NOUN
ftr-441	298	22	,	,	PUNCT
ftr-441	298	23	the	the	DET
ftr-441	298	24	accounts	account	NOUN
ftr-441	298	25	which	which	PRON
ftr-441	298	26	describe	describe	VERB
ftr-441	298	27	the	the	DET
ftr-441	298	28	economic	economic	ADJ
ftr-441	298	29	relationship	relationship	NOUN
ftr-441	298	30	of	of	ADP
ftr-441	298	31	the	the	DET
ftr-441	298	32	partners	partner	NOUN
ftr-441	298	33	between	between	ADP
ftr-441	298	34	and	and	CCONJ
ftr-441	298	35	among	among	ADP
ftr-441	298	36	themselves	themselves	PRON
ftr-441	298	37	and	and	CCONJ
ftr-441	298	38	specify	specify	VERB
ftr-441	298	39	what	what	PRON
ftr-441	298	40	their	their	PRON
ftr-441	298	41	respective	respective	ADJ
ftr-441	298	42	rights	right	NOUN
ftr-441	298	43	are	be	AUX
ftr-441	298	44	upon	upon	SCONJ
ftr-441	298	45	a	a	DET
ftr-441	298	46	liquidation	liquidation	NOUN
ftr-441	298	47	of	of	ADP
ftr-441	298	48	40	40	NUM
ftr-441	298	49	.	.	PUNCT
ftr-441	299	1	see	see	VERB
ftr-441	299	2	irc	irc	PROPN
ftr-441	299	3	§	§	PROPN
ftr-441	299	4	704(b	704(b	PROPN
ftr-441	299	5	)	)	PUNCT
ftr-441	299	6	.	.	PUNCT
ftr-441	300	1	41	41	NUM
ftr-441	300	2	.	.	PUNCT
ftr-441	301	1	see	see	VERB
ftr-441	301	2	regs	reg	NOUN
ftr-441	301	3	.	.	PUNCT
ftr-441	302	1	§	§	PROPN
ftr-441	302	2	1.704	1.704	NUM
ftr-441	302	3	-	-	NUM
ftr-441	302	4	1(b)(2)(i	1(b)(2)(i	NUM
ftr-441	302	5	)	)	PUNCT
ftr-441	302	6	.	.	PUNCT
ftr-441	303	1	42	42	NUM
ftr-441	303	2	.	.	PUNCT
ftr-441	304	1	see	see	VERB
ftr-441	304	2	regs	reg	NOUN
ftr-441	304	3	.	.	PUNCT
ftr-441	305	1	§	§	PROPN
ftr-441	305	2	1.704	1.704	NUM
ftr-441	305	3	-	-	NUM
ftr-441	305	4	1(b)(2)(ii)(a	1(b)(2)(ii)(a	NUM
ftr-441	305	5	)	)	PUNCT
ftr-441	305	6	(	(	PUNCT
ftr-441	305	7	to	to	PART
ftr-441	305	8	be	be	AUX
ftr-441	305	9	valid	valid	ADJ
ftr-441	305	10	,	,	PUNCT
ftr-441	305	11	a	a	DET
ftr-441	305	12	tax	tax	NOUN
ftr-441	305	13	allocation	allocation	NOUN
ftr-441	305	14	"	"	PUNCT
ftr-441	305	15	must	must	AUX
ftr-441	305	16	be	be	AUX
ftr-441	305	17	consistent	consistent	ADJ
ftr-441	305	18	with	with	ADP
ftr-441	305	19	the	the	DET
ftr-441	305	20	underlying	underlie	VERB
ftr-441	305	21	economic	economic	ADJ
ftr-441	305	22	arrangement	arrangement	NOUN
ftr-441	305	23	of	of	ADP
ftr-441	305	24	the	the	DET
ftr-441	305	25	partners	partner	NOUN
ftr-441	305	26	.	.	PUNCT
ftr-441	306	1	this	this	PRON
ftr-441	306	2	means	mean	VERB
ftr-441	306	3	that	that	SCONJ
ftr-441	306	4	in	in	ADP
ftr-441	306	5	the	the	DET
ftr-441	306	6	event	event	NOUN
ftr-441	306	7	there	there	PRON
ftr-441	306	8	is	be	VERB
ftr-441	306	9	an	an	DET
ftr-441	306	10	economic	economic	ADJ
ftr-441	306	11	benefit	benefit	NOUN
ftr-441	306	12	or	or	CCONJ
ftr-441	306	13	economic	economic	ADJ
ftr-441	306	14	burden	burden	NOUN
ftr-441	306	15	that	that	PRON
ftr-441	306	16	corresponds	correspond	VERB
ftr-441	306	17	to	to	ADP
ftr-441	306	18	an	an	DET
ftr-441	306	19	allocation	allocation	NOUN
ftr-441	306	20	,	,	PUNCT
ftr-441	306	21	the	the	DET
ftr-441	306	22	partner	partner	NOUN
ftr-441	306	23	to	to	PART
ftr-441	306	24	whom	whom	PRON
ftr-441	306	25	the	the	DET
ftr-441	306	26	allocation	allocation	NOUN
ftr-441	306	27	is	be	AUX
ftr-441	306	28	made	make	VERB
ftr-441	306	29	must	must	AUX
ftr-441	306	30	receive	receive	VERB
ftr-441	306	31	such	such	ADJ
ftr-441	306	32	economic	economic	ADJ
ftr-441	306	33	benefit	benefit	NOUN
ftr-441	306	34	or	or	CCONJ
ftr-441	306	35	bear	bear	VERB
ftr-441	306	36	such	such	ADJ
ftr-441	306	37	economic	economic	ADJ
ftr-441	306	38	burden	burden	NOUN
ftr-441	306	39	"	"	PUNCT
ftr-441	306	40	)	)	PUNCT
ftr-441	306	41	;	;	PUNCT
ftr-441	306	42	cf	cf	X
ftr-441	306	43	.	.	PUNCT
ftr-441	306	44	regs	regs	PROPN
ftr-441	306	45	.	.	PUNCT
ftr-441	307	1	§	§	PROPN
ftr-441	307	2	1.701	1.701	NUM
ftr-441	307	3	-	-	SYM
ftr-441	307	4	2(a)(3	2(a)(3	NUM
ftr-441	307	5	)	)	PUNCT
ftr-441	307	6	(	(	PUNCT
ftr-441	307	7	"	"	PUNCT
ftr-441	307	8	...	...	PUNCT
ftr-441	307	9	the	the	DET
ftr-441	307	10	tax	tax	NOUN
ftr-441	307	11	consequences	consequence	NOUN
ftr-441	307	12	under	under	ADP
ftr-441	307	13	subchapter	subchapter	NOUN
ftr-441	307	14	k	k	PROPN
ftr-441	307	15	to	to	ADP
ftr-441	307	16	each	each	DET
ftr-441	307	17	partner	partner	NOUN
ftr-441	307	18	of	of	ADP
ftr-441	307	19	partnership	partnership	NOUN
ftr-441	307	20	operations	operation	NOUN
ftr-441	307	21	and	and	CCONJ
ftr-441	307	22	of	of	ADP
ftr-441	307	23	transactions	transaction	NOUN
ftr-441	307	24	between	between	ADP
ftr-441	307	25	the	the	DET
ftr-441	307	26	partner	partner	NOUN
ftr-441	307	27	and	and	CCONJ
ftr-441	307	28	the	the	DET
ftr-441	307	29	partnership	partnership	NOUN
ftr-441	307	30	must	must	AUX
ftr-441	307	31	accurately	accurately	ADV
ftr-441	307	32	reflect	reflect	VERB
ftr-441	307	33	the	the	DET
ftr-441	307	34	partners	partner	NOUN
ftr-441	307	35	'	'	PART
ftr-441	307	36	economic	economic	ADJ
ftr-441	307	37	agreement	agreement	NOUN
ftr-441	307	38	and	and	CCONJ
ftr-441	307	39	clearly	clearly	ADV
ftr-441	307	40	reflect	reflect	VERB
ftr-441	307	41	the	the	DET
ftr-441	307	42	partner	partner	NOUN
ftr-441	307	43	's	's	PART
ftr-441	307	44	income	income	NOUN
ftr-441	307	45	...	...	PUNCT
ftr-441	307	46	"	"	PUNCT
ftr-441	307	47	)	)	PUNCT
ftr-441	307	48	.	.	PUNCT
ftr-441	308	1	[	[	X
ftr-441	308	2	vol	vol	NOUN
ftr-441	308	3	4:3	4:3	NUM
ftr-441	308	4	the	the	DET
ftr-441	308	5	future	future	ADJ
ftr-441	308	6	taxation	taxation	NOUN
ftr-441	308	7	of	of	ADP
ftr-441	308	8	private	private	ADJ
ftr-441	308	9	business	business	NOUN
ftr-441	308	10	firms	firm	NOUN
ftr-441	308	11	the	the	DET
ftr-441	308	12	firm	firm	NOUN
ftr-441	308	13	.	.	PUNCT
ftr-441	309	1	to	to	PART
ftr-441	309	2	have	have	VERB
ftr-441	309	3	economic	economic	ADJ
ftr-441	309	4	effect	effect	NOUN
ftr-441	309	5	,	,	PUNCT
ftr-441	309	6	the	the	DET
ftr-441	309	7	capital	capital	NOUN
ftr-441	309	8	accounts	account	NOUN
ftr-441	309	9	must	must	AUX
ftr-441	309	10	be	be	AUX
ftr-441	309	11	maintained	maintain	VERB
ftr-441	309	12	in	in	ADP
ftr-441	309	13	a	a	DET
ftr-441	309	14	certain	certain	ADJ
ftr-441	309	15	way	way	NOUN
ftr-441	309	16	,	,	PUNCT
ftr-441	309	17	be	be	AUX
ftr-441	309	18	adjusted	adjust	VERB
ftr-441	309	19	in	in	ADP
ftr-441	309	20	the	the	DET
ftr-441	309	21	same	same	ADJ
ftr-441	309	22	manner	manner	NOUN
ftr-441	309	23	as	as	ADP
ftr-441	309	24	the	the	DET
ftr-441	309	25	tax	tax	NOUN
ftr-441	309	26	allocation	allocation	NOUN
ftr-441	309	27	,	,	PUNCT
ftr-441	309	28	and	and	CCONJ
ftr-441	309	29	be	be	AUX
ftr-441	309	30	respected	respect	VERB
ftr-441	309	31	by	by	ADP
ftr-441	309	32	the	the	DET
ftr-441	309	33	partners	partner	NOUN
ftr-441	309	34	in	in	ADP
ftr-441	309	35	determining	determine	VERB
ftr-441	309	36	their	their	PRON
ftr-441	309	37	economic	economic	ADJ
ftr-441	309	38	interests	interest	NOUN
ftr-441	309	39	in	in	ADP
ftr-441	309	40	the	the	DET
ftr-441	309	41	partnership	partnership	NOUN
ftr-441	309	42	upon	upon	SCONJ
ftr-441	309	43	liquidation.43	liquidation.43	ADJ
ftr-441	309	44	the	the	DET
ftr-441	309	45	rules	rule	NOUN
ftr-441	309	46	are	be	AUX
ftr-441	309	47	lengthy	lengthy	ADJ
ftr-441	309	48	and	and	CCONJ
ftr-441	309	49	complex	complex	ADJ
ftr-441	309	50	,	,	PUNCT
ftr-441	309	51	and	and	CCONJ
ftr-441	309	52	the	the	DET
ftr-441	309	53	burden	burden	NOUN
ftr-441	309	54	on	on	ADP
ftr-441	309	55	those	those	DET
ftr-441	309	56	taxpayers	taxpayer	NOUN
ftr-441	309	57	who	who	PRON
ftr-441	309	58	attempt	attempt	VERB
ftr-441	309	59	to	to	PART
ftr-441	309	60	comply	comply	VERB
ftr-441	309	61	with	with	ADP
ftr-441	309	62	them	they	PRON
ftr-441	309	63	is	be	AUX
ftr-441	309	64	considerable,4	considerable,4	ADJ
ftr-441	309	65	but	but	CCONJ
ftr-441	309	66	the	the	DET
ftr-441	309	67	basic	basic	ADJ
ftr-441	309	68	idea	idea	NOUN
ftr-441	309	69	is	be	AUX
ftr-441	309	70	simple	simple	ADJ
ftr-441	309	71	:	:	PUNCT
ftr-441	309	72	if	if	SCONJ
ftr-441	309	73	tax	tax	NOUN
ftr-441	309	74	allocations	allocation	NOUN
ftr-441	309	75	follow	follow	VERB
ftr-441	309	76	comparable	comparable	ADJ
ftr-441	309	77	adjustments	adjustment	NOUN
ftr-441	309	78	to	to	ADP
ftr-441	309	79	the	the	DET
ftr-441	309	80	partners	partner	NOUN
ftr-441	309	81	'	'	PART
ftr-441	309	82	capital	capital	NOUN
ftr-441	309	83	accounts	account	NOUN
ftr-441	309	84	,	,	PUNCT
ftr-441	309	85	which	which	PRON
ftr-441	309	86	are	be	AUX
ftr-441	309	87	economic	economic	ADJ
ftr-441	309	88	accounts	account	NOUN
ftr-441	309	89	,	,	PUNCT
ftr-441	309	90	and	and	CCONJ
ftr-441	309	91	if	if	SCONJ
ftr-441	309	92	those	those	DET
ftr-441	309	93	adjustments	adjustment	NOUN
ftr-441	309	94	affect	affect	VERB
ftr-441	309	95	account	account	NOUN
ftr-441	309	96	balances	balance	NOUN
ftr-441	309	97	which	which	PRON
ftr-441	309	98	ultimately	ultimately	ADV
ftr-441	309	99	have	have	VERB
ftr-441	309	100	real	real	ADJ
ftr-441	309	101	economic	economic	ADJ
ftr-441	309	102	significance	significance	NOUN
ftr-441	309	103	to	to	ADP
ftr-441	309	104	the	the	DET
ftr-441	309	105	partners	partner	NOUN
ftr-441	309	106	,	,	PUNCT
ftr-441	309	107	then	then	ADV
ftr-441	309	108	the	the	DET
ftr-441	309	109	tax	tax	NOUN
ftr-441	309	110	allocation	allocation	NOUN
ftr-441	309	111	will	will	AUX
ftr-441	309	112	be	be	AUX
ftr-441	309	113	consistent	consistent	ADJ
ftr-441	309	114	with	with	ADP
ftr-441	309	115	the	the	DET
ftr-441	309	116	economic	economic	ADJ
ftr-441	309	117	share	share	NOUN
ftr-441	309	118	.	.	PUNCT
ftr-441	310	1	pairing	pair	VERB
ftr-441	310	2	tax	tax	NOUN
ftr-441	310	3	consequences	consequence	NOUN
ftr-441	310	4	with	with	ADP
ftr-441	310	5	their	their	PRON
ftr-441	310	6	economic	economic	ADJ
ftr-441	310	7	counterparts	counterpart	NOUN
ftr-441	310	8	is	be	AUX
ftr-441	310	9	a	a	DET
ftr-441	310	10	common	common	ADJ
ftr-441	310	11	method	method	NOUN
ftr-441	310	12	of	of	ADP
ftr-441	310	13	trying	try	VERB
ftr-441	310	14	to	to	PART
ftr-441	310	15	prevent	prevent	VERB
ftr-441	310	16	tax	tax	NOUN
ftr-441	310	17	avoidance	avoidance	NOUN
ftr-441	310	18	because	because	SCONJ
ftr-441	310	19	ordinarily	ordinarily	ADV
ftr-441	310	20	,	,	PUNCT
ftr-441	310	21	assuming	assume	VERB
ftr-441	310	22	a	a	DET
ftr-441	310	23	tax	tax	NOUN
ftr-441	310	24	rate	rate	NOUN
ftr-441	310	25	of	of	ADP
ftr-441	310	26	less	less	ADJ
ftr-441	310	27	than	than	ADP
ftr-441	310	28	100	100	NUM
ftr-441	310	29	%	%	NOUN
ftr-441	310	30	,	,	PUNCT
ftr-441	310	31	the	the	DET
ftr-441	310	32	underlying	underlying	ADJ
ftr-441	310	33	economic	economic	ADJ
ftr-441	310	34	consequence	consequence	NOUN
ftr-441	310	35	of	of	ADP
ftr-441	310	36	an	an	DET
ftr-441	310	37	action	action	NOUN
ftr-441	310	38	outweighs	outweigh	VERB
ftr-441	310	39	the	the	DET
ftr-441	310	40	tax	tax	NOUN
ftr-441	310	41	effect	effect	NOUN
ftr-441	310	42	of	of	ADP
ftr-441	310	43	that	that	DET
ftr-441	310	44	action	action	NOUN
ftr-441	310	45	.	.	PUNCT
ftr-441	311	1	for	for	ADP
ftr-441	311	2	example	example	NOUN
ftr-441	311	3	,	,	PUNCT
ftr-441	311	4	one	one	PRON
ftr-441	311	5	would	would	AUX
ftr-441	311	6	not	not	PART
ftr-441	311	7	expect	expect	VERB
ftr-441	311	8	a	a	DET
ftr-441	311	9	taxpayer	taxpayer	NOUN
ftr-441	311	10	to	to	PART
ftr-441	311	11	make	make	VERB
ftr-441	311	12	a	a	DET
ftr-441	311	13	cash	cash	NOUN
ftr-441	311	14	outlay	outlay	NOUN
ftr-441	311	15	of	of	ADP
ftr-441	311	16	$	$	SYM
ftr-441	311	17	100	100	NUM
ftr-441	311	18	merely	merely	ADV
ftr-441	311	19	to	to	PART
ftr-441	311	20	obtain	obtain	VERB
ftr-441	311	21	a	a	DET
ftr-441	311	22	tax	tax	NOUN
ftr-441	311	23	deduction	deduction	NOUN
ftr-441	311	24	equal	equal	ADJ
ftr-441	311	25	to	to	ADP
ftr-441	311	26	that	that	DET
ftr-441	311	27	amount	amount	NOUN
ftr-441	311	28	because	because	SCONJ
ftr-441	311	29	the	the	DET
ftr-441	311	30	tax	tax	NOUN
ftr-441	311	31	savings	saving	NOUN
ftr-441	311	32	from	from	ADP
ftr-441	311	33	the	the	DET
ftr-441	311	34	deduction	deduction	NOUN
ftr-441	311	35	will	will	AUX
ftr-441	311	36	be	be	AUX
ftr-441	311	37	less	less	ADJ
ftr-441	311	38	than	than	ADP
ftr-441	311	39	the	the	DET
ftr-441	311	40	amount	amount	NOUN
ftr-441	311	41	of	of	ADP
ftr-441	311	42	the	the	DET
ftr-441	311	43	cash	cash	NOUN
ftr-441	311	44	outlay	outlay	NOUN
ftr-441	311	45	.	.	PUNCT
ftr-441	312	1	thus	thus	ADV
ftr-441	312	2	,	,	PUNCT
ftr-441	312	3	if	if	SCONJ
ftr-441	312	4	the	the	DET
ftr-441	312	5	availability	availability	NOUN
ftr-441	312	6	of	of	ADP
ftr-441	312	7	the	the	DET
ftr-441	312	8	tax	tax	NOUN
ftr-441	312	9	deduction	deduction	NOUN
ftr-441	312	10	were	be	AUX
ftr-441	312	11	conditioned	condition	VERB
ftr-441	312	12	on	on	ADP
ftr-441	312	13	the	the	DET
ftr-441	312	14	taxpayer	taxpayer	NOUN
ftr-441	312	15	's	's	PART
ftr-441	312	16	actual	actual	ADJ
ftr-441	312	17	incurrence	incurrence	NOUN
ftr-441	312	18	of	of	ADP
ftr-441	312	19	the	the	DET
ftr-441	312	20	$	$	SYM
ftr-441	312	21	100	100	NUM
ftr-441	312	22	expense	expense	NOUN
ftr-441	312	23	,	,	PUNCT
ftr-441	312	24	one	one	PRON
ftr-441	312	25	might	might	AUX
ftr-441	312	26	have	have	VERB
ftr-441	312	27	confidence	confidence	NOUN
ftr-441	312	28	that	that	SCONJ
ftr-441	312	29	the	the	DET
ftr-441	312	30	deductions	deduction	NOUN
ftr-441	312	31	were	be	AUX
ftr-441	312	32	all	all	ADV
ftr-441	312	33	legitimate	legitimate	ADJ
ftr-441	312	34	.	.	PUNCT
ftr-441	313	1	in	in	ADP
ftr-441	313	2	short	short	ADJ
ftr-441	313	3	,	,	PUNCT
ftr-441	313	4	the	the	DET
ftr-441	313	5	concept	concept	NOUN
ftr-441	313	6	of	of	ADP
ftr-441	313	7	"	"	PUNCT
ftr-441	313	8	economic	economic	ADJ
ftr-441	313	9	effect	effect	NOUN
ftr-441	313	10	"	"	PUNCT
ftr-441	313	11	might	might	AUX
ftr-441	313	12	be	be	AUX
ftr-441	313	13	a	a	DET
ftr-441	313	14	promising	promising	ADJ
ftr-441	313	15	method	method	NOUN
ftr-441	313	16	of	of	ADP
ftr-441	313	17	monitoring	monitoring	NOUN
ftr-441	313	18	and	and	CCONJ
ftr-441	313	19	preventing	prevent	VERB
ftr-441	313	20	purely	purely	ADV
ftr-441	313	21	tax	tax	NOUN
ftr-441	313	22	-	-	PUNCT
ftr-441	313	23	motivated	motivate	VERB
ftr-441	313	24	allocations	allocation	NOUN
ftr-441	313	25	.	.	PUNCT
ftr-441	314	1	unfortunately	unfortunately	ADV
ftr-441	314	2	,	,	PUNCT
ftr-441	314	3	the	the	DET
ftr-441	314	4	economic	economic	ADJ
ftr-441	314	5	effect	effect	NOUN
ftr-441	314	6	requirement	requirement	NOUN
ftr-441	314	7	fails	fail	VERB
ftr-441	314	8	to	to	PART
ftr-441	314	9	achieve	achieve	VERB
ftr-441	314	10	its	its	PRON
ftr-441	314	11	intended	intended	ADJ
ftr-441	314	12	purpose	purpose	NOUN
ftr-441	314	13	and	and	CCONJ
ftr-441	314	14	does	do	AUX
ftr-441	314	15	not	not	PART
ftr-441	314	16	preclude	preclude	VERB
ftr-441	314	17	purely	purely	ADV
ftr-441	314	18	tax	tax	NOUN
ftr-441	314	19	-	-	PUNCT
ftr-441	314	20	motivated	motivate	VERB
ftr-441	314	21	allocations	allocation	NOUN
ftr-441	314	22	.	.	PUNCT
ftr-441	315	1	one	one	NUM
ftr-441	315	2	reason	reason	NOUN
ftr-441	315	3	for	for	ADP
ftr-441	315	4	this	this	DET
ftr-441	315	5	failure	failure	NOUN
ftr-441	315	6	is	be	AUX
ftr-441	315	7	that	that	SCONJ
ftr-441	315	8	capital	capital	NOUN
ftr-441	315	9	account	account	NOUN
ftr-441	315	10	balances	balance	NOUN
ftr-441	315	11	only	only	ADV
ftr-441	315	12	supply	supply	VERB
ftr-441	315	13	some	some	DET
ftr-441	315	14	indication	indication	NOUN
ftr-441	315	15	of	of	ADP
ftr-441	315	16	the	the	DET
ftr-441	315	17	economic	economic	ADJ
ftr-441	315	18	rights	right	NOUN
ftr-441	315	19	and	and	CCONJ
ftr-441	315	20	obligations	obligation	NOUN
ftr-441	315	21	of	of	ADP
ftr-441	315	22	the	the	DET
ftr-441	315	23	partners	partner	NOUN
ftr-441	315	24	upon	upon	SCONJ
ftr-441	315	25	a	a	DET
ftr-441	315	26	hypothetical	hypothetical	ADJ
ftr-441	315	27	liquidation	liquidation	NOUN
ftr-441	315	28	in	in	ADP
ftr-441	315	29	the	the	DET
ftr-441	315	30	current	current	ADJ
ftr-441	315	31	year	year	NOUN
ftr-441	315	32	of	of	ADP
ftr-441	315	33	either	either	CCONJ
ftr-441	315	34	the	the	DET
ftr-441	315	35	partner	partner	NOUN
ftr-441	315	36	's	's	PART
ftr-441	315	37	interest	interest	NOUN
ftr-441	315	38	in	in	ADP
ftr-441	315	39	the	the	DET
ftr-441	315	40	partnership	partnership	NOUN
ftr-441	315	41	or	or	CCONJ
ftr-441	315	42	the	the	DET
ftr-441	315	43	partnership	partnership	NOUN
ftr-441	315	44	itself	itself	PRON
ftr-441	315	45	.	.	PUNCT
ftr-441	316	1	yet	yet	ADV
ftr-441	316	2	in	in	ADP
ftr-441	316	3	the	the	DET
ftr-441	316	4	vast	vast	ADJ
ftr-441	316	5	majority	majority	NOUN
ftr-441	316	6	of	of	ADP
ftr-441	316	7	cases	case	NOUN
ftr-441	316	8	,	,	PUNCT
ftr-441	316	9	neither	neither	PRON
ftr-441	316	10	of	of	ADP
ftr-441	316	11	those	those	DET
ftr-441	316	12	two	two	NUM
ftr-441	316	13	events	event	NOUN
ftr-441	316	14	is	be	AUX
ftr-441	316	15	specifically	specifically	ADV
ftr-441	316	16	contemplated	contemplate	VERB
ftr-441	316	17	by	by	ADP
ftr-441	316	18	the	the	DET
ftr-441	316	19	partners	partner	NOUN
ftr-441	316	20	,	,	PUNCT
ftr-441	316	21	so	so	SCONJ
ftr-441	316	22	that	that	SCONJ
ftr-441	316	23	a	a	DET
ftr-441	316	24	capital	capital	NOUN
ftr-441	316	25	account	account	NOUN
ftr-441	316	26	adjustment	adjustment	NOUN
ftr-441	316	27	resulting	result	VERB
ftr-441	316	28	in	in	ADP
ftr-441	316	29	a	a	DET
ftr-441	316	30	currently	currently	ADV
ftr-441	316	31	negative	negative	ADJ
ftr-441	316	32	or	or	CCONJ
ftr-441	316	33	positive	positive	ADJ
ftr-441	316	34	account	account	NOUN
ftr-441	316	35	balance	balance	NOUN
ftr-441	316	36	may	may	AUX
ftr-441	316	37	not	not	PART
ftr-441	316	38	be	be	AUX
ftr-441	316	39	particularly	particularly	ADV
ftr-441	316	40	meaningful	meaningful	ADJ
ftr-441	316	41	.	.	PUNCT
ftr-441	317	1	rather	rather	ADV
ftr-441	317	2	,	,	PUNCT
ftr-441	317	3	in	in	ADP
ftr-441	317	4	most	most	ADJ
ftr-441	317	5	cases	case	NOUN
ftr-441	317	6	,	,	PUNCT
ftr-441	317	7	the	the	DET
ftr-441	317	8	economic	economic	ADJ
ftr-441	317	9	outlook	outlook	NOUN
ftr-441	317	10	of	of	ADP
ftr-441	317	11	the	the	DET
ftr-441	317	12	partners	partner	NOUN
ftr-441	317	13	goes	go	VERB
ftr-441	317	14	far	far	ADV
ftr-441	317	15	beyond	beyond	ADP
ftr-441	317	16	such	such	DET
ftr-441	317	17	a	a	DET
ftr-441	317	18	hypothetical	hypothetical	ADJ
ftr-441	317	19	current	current	ADJ
ftr-441	317	20	liquidation	liquidation	NOUN
ftr-441	317	21	to	to	PART
ftr-441	317	22	encompass	encompass	VERB
ftr-441	317	23	events	event	NOUN
ftr-441	317	24	that	that	PRON
ftr-441	317	25	may	may	AUX
ftr-441	317	26	occur	occur	VERB
ftr-441	317	27	well	well	ADV
ftr-441	317	28	in	in	ADP
ftr-441	317	29	the	the	DET
ftr-441	317	30	future	future	NOUN
ftr-441	317	31	.	.	PUNCT
ftr-441	318	1	in	in	ADP
ftr-441	318	2	43	43	NUM
ftr-441	318	3	.	.	PUNCT
ftr-441	319	1	see	see	VERB
ftr-441	319	2	regs	reg	NOUN
ftr-441	319	3	.	.	PUNCT
ftr-441	320	1	§	§	PROPN
ftr-441	320	2	§	§	PROPN
ftr-441	320	3	1.704	1.704	NUM
ftr-441	320	4	-	-	NUM
ftr-441	320	5	1(b)(2)(ii)(b	1(b)(2)(ii)(b	NUM
ftr-441	320	6	)	)	PUNCT
ftr-441	320	7	,	,	PUNCT
ftr-441	320	8	-1(b)(2)(iv)(b	-1(b)(2)(iv)(b	PROPN
ftr-441	320	9	)	)	PUNCT
ftr-441	320	10	.	.	PUNCT
ftr-441	321	1	44	44	NUM
ftr-441	321	2	.	.	PUNCT
ftr-441	322	1	see	see	VERB
ftr-441	322	2	alan	alan	PROPN
ftr-441	322	3	gunn	gunn	PROPN
ftr-441	322	4	,	,	PUNCT
ftr-441	322	5	partnership	partnership	NOUN
ftr-441	322	6	income	income	NOUN
ftr-441	322	7	taxation	taxation	NOUN
ftr-441	322	8	44	44	NUM
ftr-441	322	9	(	(	PUNCT
ftr-441	322	10	2d	2d	NUM
ftr-441	322	11	ed	ed	NOUN
ftr-441	322	12	.	.	PROPN
ftr-441	322	13	1995	1995	NUM
ftr-441	322	14	)	)	PUNCT
ftr-441	322	15	(	(	PUNCT
ftr-441	322	16	the	the	DET
ftr-441	322	17	allocation	allocation	NOUN
ftr-441	322	18	rules	rule	NOUN
ftr-441	322	19	are	be	AUX
ftr-441	322	20	"	"	PUNCT
ftr-441	322	21	so	so	ADV
ftr-441	322	22	difficult	difficult	ADJ
ftr-441	322	23	that	that	SCONJ
ftr-441	322	24	only	only	ADV
ftr-441	322	25	a	a	DET
ftr-441	322	26	handful	handful	NOUN
ftr-441	322	27	of	of	ADP
ftr-441	322	28	partnership	partnership	NOUN
ftr-441	322	29	-	-	PUNCT
ftr-441	322	30	tax	tax	NOUN
ftr-441	322	31	specialists	specialist	NOUN
ftr-441	322	32	in	in	ADP
ftr-441	322	33	large	large	ADJ
ftr-441	322	34	firms	firm	NOUN
ftr-441	322	35	will	will	AUX
ftr-441	322	36	be	be	AUX
ftr-441	322	37	able	able	ADJ
ftr-441	322	38	to	to	PART
ftr-441	322	39	apply	apply	VERB
ftr-441	322	40	[	[	X
ftr-441	322	41	them	they	PRON
ftr-441	322	42	]	]	PUNCT
ftr-441	322	43	"	"	PUNCT
ftr-441	322	44	)	)	PUNCT
ftr-441	322	45	;	;	PUNCT
ftr-441	322	46	stephen	stephen	PROPN
ftr-441	322	47	utz	utz	PROPN
ftr-441	322	48	,	,	PUNCT
ftr-441	322	49	federal	federal	ADJ
ftr-441	322	50	income	income	NOUN
ftr-441	322	51	taxation	taxation	NOUN
ftr-441	322	52	of	of	ADP
ftr-441	322	53	partners	partner	NOUN
ftr-441	322	54	and	and	CCONJ
ftr-441	322	55	partnerships	partnership	NOUN
ftr-441	322	56	108	108	NUM
ftr-441	322	57	(	(	PUNCT
ftr-441	322	58	3d	3d	NUM
ftr-441	322	59	ed	ed	NOUN
ftr-441	322	60	.	.	PROPN
ftr-441	322	61	1995	1995	NUM
ftr-441	322	62	)	)	PUNCT
ftr-441	323	1	[	[	X
ftr-441	323	2	hereinafter	hereinafter	NOUN
ftr-441	323	3	utz	utz	NOUN
ftr-441	323	4	-	-	PUNCT
ftr-441	323	5	federal	federal	NOUN
ftr-441	323	6	]	]	X
ftr-441	323	7	(	(	PUNCT
ftr-441	323	8	describing	describe	VERB
ftr-441	323	9	regulations	regulation	NOUN
ftr-441	323	10	as	as	ADP
ftr-441	323	11	"	"	PUNCT
ftr-441	323	12	monstrously	monstrously	ADV
ftr-441	323	13	complex	complex	ADJ
ftr-441	323	14	!	!	PUNCT
ftr-441	323	15	)	)	PUNCT
ftr-441	323	16	;	;	PUNCT
ftr-441	323	17	see	see	VERB
ftr-441	323	18	also	also	ADV
ftr-441	323	19	michael	michael	PROPN
ftr-441	323	20	j.	j.	PROPN
ftr-441	323	21	close	close	PROPN
ftr-441	323	22	&	&	CCONJ
ftr-441	323	23	dan	dan	PROPN
ftr-441	323	24	a.	a.	PROPN
ftr-441	323	25	kusnetz	kusnetz	PROPN
ftr-441	323	26	,	,	PUNCT
ftr-441	323	27	the	the	DET
ftr-441	323	28	final	final	ADJ
ftr-441	323	29	section	section	NOUN
ftr-441	323	30	704(b	704(b	PROPN
ftr-441	323	31	)	)	PUNCT
ftr-441	323	32	regulations	regulation	NOUN
ftr-441	323	33	:	:	PUNCT
ftr-441	323	34	special	special	ADJ
ftr-441	323	35	allocations	allocation	NOUN
ftr-441	323	36	reach	reach	VERB
ftr-441	323	37	new	new	ADJ
ftr-441	323	38	heights	height	NOUN
ftr-441	323	39	of	of	ADP
ftr-441	323	40	complexity	complexity	NOUN
ftr-441	323	41	,	,	PUNCT
ftr-441	323	42	40	40	NUM
ftr-441	323	43	tax	tax	NOUN
ftr-441	323	44	law	law	NOUN
ftr-441	323	45	.	.	PUNCT
ftr-441	324	1	307	307	NUM
ftr-441	324	2	,	,	PUNCT
ftr-441	324	3	336	336	NUM
ftr-441	324	4	(	(	PUNCT
ftr-441	324	5	1987	1987	NUM
ftr-441	324	6	)	)	PUNCT
ftr-441	324	7	;	;	PUNCT
ftr-441	324	8	lawrence	lawrence	PROPN
ftr-441	324	9	lokken	lokken	PROPN
ftr-441	324	10	,	,	PUNCT
ftr-441	324	11	partnership	partnership	NOUN
ftr-441	324	12	allocations	allocation	NOUN
ftr-441	324	13	,	,	PUNCT
ftr-441	324	14	41	41	NUM
ftr-441	324	15	tax	tax	NOUN
ftr-441	324	16	l.	l.	PROPN
ftr-441	324	17	rev	rev	PROPN
ftr-441	324	18	.	.	PROPN
ftr-441	324	19	547	547	NUM
ftr-441	324	20	,	,	PUNCT
ftr-441	324	21	621	621	NUM
ftr-441	324	22	(	(	PUNCT
ftr-441	324	23	1986	1986	NUM
ftr-441	324	24	)	)	PUNCT
ftr-441	324	25	(	(	PUNCT
ftr-441	324	26	"	"	PUNCT
ftr-441	324	27	the	the	DET
ftr-441	324	28	...	...	PUNCT
ftr-441	324	29	regulations	regulation	NOUN
ftr-441	324	30	under	under	ADP
ftr-441	324	31	section	section	NOUN
ftr-441	324	32	704(b	704(b	PROPN
ftr-441	324	33	)	)	PUNCT
ftr-441	324	34	are	be	AUX
ftr-441	324	35	a	a	DET
ftr-441	324	36	creation	creation	NOUN
ftr-441	324	37	of	of	ADP
ftr-441	324	38	prodigious	prodigious	ADJ
ftr-441	324	39	complexity	complexity	NOUN
ftr-441	324	40	....	....	PUNCT
ftr-441	325	1	the	the	DET
ftr-441	325	2	complexity	complexity	NOUN
ftr-441	325	3	...	...	PUNCT
ftr-441	325	4	makes	make	VERB
ftr-441	325	5	the	the	DET
ftr-441	325	6	regulations	regulation	NOUN
ftr-441	325	7	essentially	essentially	ADV
ftr-441	325	8	inpenetrable	inpenetrable	ADJ
ftr-441	325	9	(	(	PUNCT
ftr-441	325	10	sic	sic	ADJ
ftr-441	325	11	)	)	PUNCT
ftr-441	325	12	to	to	ADP
ftr-441	325	13	all	all	PRON
ftr-441	325	14	but	but	SCONJ
ftr-441	325	15	those	those	PRON
ftr-441	325	16	with	with	ADP
ftr-441	325	17	the	the	DET
ftr-441	325	18	time	time	NOUN
ftr-441	325	19	,	,	PUNCT
ftr-441	325	20	talent	talent	NOUN
ftr-441	325	21	,	,	PUNCT
ftr-441	325	22	and	and	CCONJ
ftr-441	325	23	determination	determination	NOUN
ftr-441	325	24	to	to	PART
ftr-441	325	25	become	become	VERB
ftr-441	325	26	thoroughly	thoroughly	ADV
ftr-441	325	27	prepared	prepared	ADJ
ftr-441	325	28	experts	expert	NOUN
ftr-441	325	29	on	on	ADP
ftr-441	325	30	the	the	DET
ftr-441	325	31	subject	subject	NOUN
ftr-441	325	32	.	.	PUNCT
ftr-441	325	33	'	'	PUNCT
ftr-441	325	34	)	)	PUNCT
ftr-441	325	35	1999	1999	NUM
ftr-441	325	36	]	]	PUNCT
ftr-441	325	37	florida	florida	PROPN
ftr-441	325	38	tax	tax	PROPN
ftr-441	325	39	review	review	NOUN
ftr-441	325	40	short	short	ADJ
ftr-441	325	41	,	,	PUNCT
ftr-441	325	42	capital	capital	NOUN
ftr-441	325	43	accounts	account	NOUN
ftr-441	325	44	provide	provide	VERB
ftr-441	325	45	at	at	ADP
ftr-441	325	46	best	good	ADJ
ftr-441	325	47	a	a	DET
ftr-441	325	48	mere	mere	ADJ
ftr-441	325	49	static	static	ADJ
ftr-441	325	50	snapshot	snapshot	NOUN
ftr-441	325	51	of	of	ADP
ftr-441	325	52	the	the	DET
ftr-441	325	53	economic	economic	ADJ
ftr-441	325	54	situation	situation	NOUN
ftr-441	325	55	of	of	ADP
ftr-441	325	56	the	the	DET
ftr-441	325	57	partners	partner	NOUN
ftr-441	325	58	whereas	whereas	SCONJ
ftr-441	325	59	their	their	PRON
ftr-441	325	60	real	real	ADJ
ftr-441	325	61	situation	situation	NOUN
ftr-441	325	62	may	may	AUX
ftr-441	325	63	well	well	ADV
ftr-441	325	64	be	be	AUX
ftr-441	325	65	based	base	VERB
ftr-441	325	66	on	on	ADP
ftr-441	325	67	dynamic	dynamic	ADJ
ftr-441	325	68	,	,	PUNCT
ftr-441	325	69	multi	multi	ADJ
ftr-441	325	70	-	-	ADJ
ftr-441	325	71	year	year	NOUN
ftr-441	325	72	expectations	expectation	NOUN
ftr-441	325	73	.	.	PUNCT
ftr-441	326	1	5	5	NUM
ftr-441	326	2	to	to	PART
ftr-441	326	3	illustrate	illustrate	VERB
ftr-441	326	4	,	,	PUNCT
ftr-441	326	5	suppose	suppose	VERB
ftr-441	326	6	general	general	ADJ
ftr-441	326	7	partnership	partnership	PROPN
ftr-441	326	8	ab	ab	PROPN
ftr-441	326	9	makes	make	VERB
ftr-441	326	10	a	a	DET
ftr-441	326	11	special	special	ADJ
ftr-441	326	12	allocation	allocation	NOUN
ftr-441	326	13	of	of	ADP
ftr-441	326	14	a	a	DET
ftr-441	326	15	$	$	SYM
ftr-441	326	16	200	200	NUM
ftr-441	326	17	tax	tax	NOUN
ftr-441	326	18	loss	loss	NOUN
ftr-441	326	19	in	in	ADP
ftr-441	326	20	year	year	NOUN
ftr-441	326	21	1	1	NUM
ftr-441	326	22	to	to	PART
ftr-441	326	23	partner	partner	VERB
ftr-441	326	24	a.	a.	NOUN
ftr-441	326	25	in	in	ADP
ftr-441	326	26	that	that	DET
ftr-441	326	27	situation	situation	NOUN
ftr-441	326	28	,	,	PUNCT
ftr-441	326	29	the	the	DET
ftr-441	326	30	economic	economic	ADJ
ftr-441	326	31	effect	effect	NOUN
ftr-441	326	32	test	test	NOUN
ftr-441	326	33	simply	simply	ADV
ftr-441	326	34	requires	require	VERB
ftr-441	326	35	that	that	SCONJ
ftr-441	326	36	the	the	DET
ftr-441	326	37	special	special	ADJ
ftr-441	326	38	allocation	allocation	NOUN
ftr-441	326	39	be	be	AUX
ftr-441	326	40	accompanied	accompany	VERB
ftr-441	326	41	by	by	ADP
ftr-441	326	42	an	an	DET
ftr-441	326	43	allocation	allocation	NOUN
ftr-441	326	44	to	to	ADP
ftr-441	326	45	a	a	PRON
ftr-441	326	46	's	's	PART
ftr-441	326	47	capital	capital	NOUN
ftr-441	326	48	account	account	NOUN
ftr-441	326	49	of	of	ADP
ftr-441	326	50	a	a	DET
ftr-441	326	51	$	$	SYM
ftr-441	326	52	200	200	NUM
ftr-441	326	53	economic	economic	ADJ
ftr-441	326	54	burden	burden	NOUN
ftr-441	326	55	in	in	ADP
ftr-441	326	56	year	year	NOUN
ftr-441	326	57	1	1	NUM
ftr-441	326	58	.	.	PUNCT
ftr-441	327	1	but	but	CCONJ
ftr-441	327	2	the	the	DET
ftr-441	327	3	allocation	allocation	NOUN
ftr-441	327	4	of	of	ADP
ftr-441	327	5	an	an	DET
ftr-441	327	6	economic	economic	ADJ
ftr-441	327	7	burden	burden	NOUN
ftr-441	327	8	to	to	ADP
ftr-441	327	9	a	a	DET
ftr-441	327	10	has	have	AUX
ftr-441	327	11	significance	significance	NOUN
ftr-441	327	12	only	only	ADV
ftr-441	327	13	if	if	SCONJ
ftr-441	327	14	there	there	PRON
ftr-441	327	15	is	be	VERB
ftr-441	327	16	a	a	DET
ftr-441	327	17	liquidation	liquidation	NOUN
ftr-441	327	18	of	of	ADP
ftr-441	327	19	a	a	PRON
ftr-441	327	20	's	's	PART
ftr-441	327	21	interest	interest	NOUN
ftr-441	327	22	at	at	ADP
ftr-441	327	23	the	the	DET
ftr-441	327	24	end	end	NOUN
ftr-441	327	25	of	of	ADP
ftr-441	327	26	year	year	NOUN
ftr-441	327	27	1	1	NUM
ftr-441	327	28	,	,	PUNCT
ftr-441	327	29	an	an	DET
ftr-441	327	30	event	event	NOUN
ftr-441	327	31	not	not	PART
ftr-441	327	32	likely	likely	ADJ
ftr-441	327	33	to	to	PART
ftr-441	327	34	occur	occur	VERB
ftr-441	327	35	and	and	CCONJ
ftr-441	327	36	not	not	PART
ftr-441	327	37	expected	expect	VERB
ftr-441	327	38	by	by	ADP
ftr-441	327	39	the	the	DET
ftr-441	327	40	parties	party	NOUN
ftr-441	327	41	.	.	PUNCT
ftr-441	328	1	the	the	DET
ftr-441	328	2	economic	economic	ADJ
ftr-441	328	3	effect	effect	NOUN
ftr-441	328	4	test	test	NOUN
ftr-441	328	5	does	do	AUX
ftr-441	328	6	not	not	PART
ftr-441	328	7	require	require	VERB
ftr-441	328	8	a	a	PRON
ftr-441	328	9	to	to	PART
ftr-441	328	10	actually	actually	ADV
ftr-441	328	11	outlay	outlay	VERB
ftr-441	328	12	a	a	DET
ftr-441	328	13	$	$	SYM
ftr-441	328	14	200	200	NUM
ftr-441	328	15	investment	investment	NOUN
ftr-441	328	16	in	in	ADP
ftr-441	328	17	year	year	NOUN
ftr-441	328	18	1	1	NUM
ftr-441	328	19	in	in	ADP
ftr-441	328	20	order	order	NOUN
ftr-441	328	21	to	to	PART
ftr-441	328	22	obtain	obtain	VERB
ftr-441	328	23	the	the	DET
ftr-441	328	24	$	$	SYM
ftr-441	328	25	200	200	NUM
ftr-441	328	26	tax	tax	NOUN
ftr-441	328	27	loss	loss	NOUN
ftr-441	328	28	.	.	PUNCT
ftr-441	329	1	indeed	indeed	ADV
ftr-441	329	2	,	,	PUNCT
ftr-441	329	3	the	the	DET
ftr-441	329	4	other	other	ADJ
ftr-441	329	5	partner	partner	NOUN
ftr-441	329	6	,	,	PUNCT
ftr-441	329	7	b	b	PROPN
ftr-441	329	8	,	,	PUNCT
ftr-441	329	9	may	may	AUX
ftr-441	329	10	have	have	AUX
ftr-441	329	11	made	make	VERB
ftr-441	329	12	all	all	PRON
ftr-441	329	13	or	or	CCONJ
ftr-441	329	14	most	most	ADJ
ftr-441	329	15	of	of	ADP
ftr-441	329	16	the	the	DET
ftr-441	329	17	actual	actual	ADJ
ftr-441	329	18	investment	investment	NOUN
ftr-441	329	19	,	,	PUNCT
ftr-441	329	20	yet	yet	CCONJ
ftr-441	329	21	a	a	DET
ftr-441	329	22	may	may	AUX
ftr-441	329	23	be	be	AUX
ftr-441	329	24	allocated	allocate	VERB
ftr-441	329	25	the	the	DET
ftr-441	329	26	entire	entire	ADJ
ftr-441	329	27	tax	tax	NOUN
ftr-441	329	28	loss	loss	NOUN
ftr-441	329	29	.	.	PUNCT
ftr-441	330	1	nothing	nothing	PRON
ftr-441	330	2	in	in	ADP
ftr-441	330	3	the	the	DET
ftr-441	330	4	treasury	treasury	NOUN
ftr-441	330	5	's	's	PART
ftr-441	330	6	economic	economic	ADJ
ftr-441	330	7	effect	effect	NOUN
ftr-441	330	8	regulations	regulation	NOUN
ftr-441	330	9	prohibits	prohibit	VERB
ftr-441	330	10	that	that	SCONJ
ftr-441	330	11	outcome.46	outcome.46	NOUN
ftr-441	330	12	to	to	PART
ftr-441	330	13	be	be	AUX
ftr-441	330	14	sure	sure	ADJ
ftr-441	330	15	,	,	PUNCT
ftr-441	330	16	if	if	SCONJ
ftr-441	330	17	there	there	PRON
ftr-441	330	18	were	be	VERB
ftr-441	330	19	a	a	DET
ftr-441	330	20	liquidation	liquidation	NOUN
ftr-441	330	21	immediately	immediately	ADV
ftr-441	330	22	after	after	ADP
ftr-441	330	23	year	year	NOUN
ftr-441	330	24	1	1	NUM
ftr-441	330	25	,	,	PUNCT
ftr-441	330	26	then	then	ADV
ftr-441	330	27	based	base	VERB
ftr-441	330	28	on	on	ADP
ftr-441	330	29	the	the	DET
ftr-441	330	30	capital	capital	NOUN
ftr-441	330	31	account	account	NOUN
ftr-441	330	32	adjustment	adjustment	NOUN
ftr-441	330	33	,	,	PUNCT
ftr-441	330	34	a	a	DET
ftr-441	330	35	's	's	PART
ftr-441	330	36	economic	economic	ADJ
ftr-441	330	37	share	share	NOUN
ftr-441	330	38	in	in	ADP
ftr-441	330	39	the	the	DET
ftr-441	330	40	venture	venture	NOUN
ftr-441	330	41	would	would	AUX
ftr-441	330	42	be	be	AUX
ftr-441	330	43	reduced	reduce	VERB
ftr-441	330	44	by	by	ADP
ftr-441	330	45	$	$	SYM
ftr-441	330	46	200	200	NUM
ftr-441	330	47	.	.	PUNCT
ftr-441	331	1	again	again	ADV
ftr-441	331	2	,	,	PUNCT
ftr-441	331	3	however	however	ADV
ftr-441	331	4	,	,	PUNCT
ftr-441	331	5	liquidation	liquidation	NOUN
ftr-441	331	6	is	be	AUX
ftr-441	331	7	not	not	PART
ftr-441	331	8	contemplated	contemplate	VERB
ftr-441	331	9	by	by	ADP
ftr-441	331	10	the	the	DET
ftr-441	331	11	parties	party	NOUN
ftr-441	331	12	so	so	SCONJ
ftr-441	331	13	that	that	DET
ftr-441	331	14	possibility	possibility	NOUN
ftr-441	331	15	may	may	AUX
ftr-441	331	16	not	not	PART
ftr-441	331	17	be	be	AUX
ftr-441	331	18	of	of	ADP
ftr-441	331	19	significance	significance	NOUN
ftr-441	331	20	.	.	PUNCT
ftr-441	332	1	in	in	ADP
ftr-441	332	2	short	short	ADJ
ftr-441	332	3	,	,	PUNCT
ftr-441	332	4	the	the	DET
ftr-441	332	5	economic	economic	ADJ
ftr-441	332	6	effect	effect	NOUN
ftr-441	332	7	requirement	requirement	NOUN
ftr-441	332	8	attempts	attempt	VERB
ftr-441	332	9	to	to	PART
ftr-441	332	10	match	match	VERB
ftr-441	332	11	the	the	DET
ftr-441	332	12	allocation	allocation	NOUN
ftr-441	332	13	and	and	CCONJ
ftr-441	332	14	actual	actual	ADJ
ftr-441	332	15	claiming	claiming	NOUN
ftr-441	332	16	of	of	ADP
ftr-441	332	17	a	a	DET
ftr-441	332	18	tax	tax	NOUN
ftr-441	332	19	item	item	NOUN
ftr-441	332	20	with	with	ADP
ftr-441	332	21	the	the	DET
ftr-441	332	22	economic	economic	ADJ
ftr-441	332	23	burden	burden	NOUN
ftr-441	332	24	or	or	CCONJ
ftr-441	332	25	benefit	benefit	NOUN
ftr-441	332	26	associated	associate	VERB
ftr-441	332	27	with	with	ADP
ftr-441	332	28	that	that	DET
ftr-441	332	29	item	item	NOUN
ftr-441	332	30	,	,	PUNCT
ftr-441	332	31	yet	yet	CCONJ
ftr-441	332	32	it	it	PRON
ftr-441	332	33	completely	completely	ADV
ftr-441	332	34	ignores	ignore	VERB
ftr-441	332	35	the	the	DET
ftr-441	332	36	proximity	proximity	NOUN
ftr-441	332	37	or	or	CCONJ
ftr-441	332	38	remoteness	remoteness	NOUN
ftr-441	332	39	of	of	ADP
ftr-441	332	40	the	the	DET
ftr-441	332	41	burden	burden	NOUN
ftr-441	332	42	or	or	CCONJ
ftr-441	332	43	benefit	benefit	VERB
ftr-441	332	44	and	and	CCONJ
ftr-441	332	45	,	,	PUNCT
ftr-441	332	46	therefore	therefore	ADV
ftr-441	332	47	,	,	PUNCT
ftr-441	332	48	whether	whether	SCONJ
ftr-441	332	49	it	it	PRON
ftr-441	332	50	will	will	AUX
ftr-441	332	51	in	in	ADP
ftr-441	332	52	fact	fact	NOUN
ftr-441	332	53	ever	ever	ADV
ftr-441	332	54	be	be	AUX
ftr-441	332	55	realized.47	realized.47	NOUN
ftr-441	332	56	in	in	ADP
ftr-441	332	57	that	that	DET
ftr-441	332	58	sense	sense	NOUN
ftr-441	332	59	,	,	PUNCT
ftr-441	332	60	the	the	DET
ftr-441	332	61	regulatory	regulatory	ADJ
ftr-441	332	62	mandate	mandate	NOUN
ftr-441	332	63	constitutes	constitute	VERB
ftr-441	332	64	a	a	DET
ftr-441	332	65	highly	highly	ADV
ftr-441	332	66	complex	complex	ADJ
ftr-441	332	67	and	and	CCONJ
ftr-441	332	68	extremely	extremely	ADV
ftr-441	332	69	burdensome	burdensome	ADJ
ftr-441	332	70	set	set	NOUN
ftr-441	332	71	of	of	ADP
ftr-441	332	72	paper	paper	NOUN
ftr-441	332	73	entries	entry	NOUN
ftr-441	332	74	.	.	PUNCT
ftr-441	333	1	the	the	DET
ftr-441	333	2	regulations	regulation	NOUN
ftr-441	333	3	basically	basically	ADV
ftr-441	333	4	concede	concede	VERB
ftr-441	333	5	the	the	DET
ftr-441	333	6	"	"	PUNCT
ftr-441	333	7	paper	paper	NOUN
ftr-441	333	8	entry	entry	NOUN
ftr-441	333	9	"	"	PUNCT
ftr-441	333	10	aspect	aspect	NOUN
ftr-441	333	11	of	of	ADP
ftr-441	333	12	the	the	DET
ftr-441	333	13	economic	economic	ADJ
ftr-441	333	14	effect	effect	NOUN
ftr-441	333	15	requirement	requirement	NOUN
ftr-441	333	16	.	.	PUNCT
ftr-441	334	1	under	under	ADP
ftr-441	334	2	the	the	DET
ftr-441	334	3	"	"	PUNCT
ftr-441	334	4	transitory	transitory	ADJ
ftr-441	334	5	"	"	PUNCT
ftr-441	334	6	leg	leg	NOUN
ftr-441	334	7	of	of	ADP
ftr-441	334	8	the	the	DET
ftr-441	334	9	substantiality	substantiality	NOUN
ftr-441	334	10	test	test	NOUN
ftr-441	334	11	,	,	PUNCT
ftr-441	334	12	which	which	PRON
ftr-441	334	13	(	(	PUNCT
ftr-441	334	14	as	as	SCONJ
ftr-441	334	15	described	describe	VERB
ftr-441	334	16	later	later	ADV
ftr-441	334	17	)	)	PUNCT
ftr-441	334	18	is	be	AUX
ftr-441	334	19	an	an	DET
ftr-441	334	20	independent	independent	ADJ
ftr-441	334	21	basis	basis	NOUN
ftr-441	334	22	for	for	ADP
ftr-441	334	23	invalidating	invalidate	VERB
ftr-441	334	24	an	an	DET
ftr-441	334	25	45	45	NUM
ftr-441	334	26	.	.	PUNCT
ftr-441	334	27	cf	cf	NOUN
ftr-441	334	28	.	.	PUNCT
ftr-441	335	1	mark	mark	PROPN
ftr-441	335	2	p.	p.	PROPN
ftr-441	335	3	gergen	gergen	PROPN
ftr-441	335	4	,	,	PUNCT
ftr-441	335	5	reforming	reform	VERB
ftr-441	335	6	subchapter	subchapter	NOUN
ftr-441	335	7	k	k	NOUN
ftr-441	335	8	:	:	PUNCT
ftr-441	335	9	special	special	ADJ
ftr-441	335	10	allocations	allocation	NOUN
ftr-441	335	11	,	,	PUNCT
ftr-441	335	12	46	46	NUM
ftr-441	335	13	tax	tax	NOUN
ftr-441	335	14	l.	l.	PROPN
ftr-441	335	15	rev	rev	PROPN
ftr-441	335	16	.	.	PROPN
ftr-441	335	17	1	1	NUM
ftr-441	335	18	,	,	PUNCT
ftr-441	335	19	11	11	NUM
ftr-441	335	20	-	-	SYM
ftr-441	335	21	14	14	NUM
ftr-441	335	22	(	(	PUNCT
ftr-441	335	23	1990	1990	NUM
ftr-441	335	24	)	)	PUNCT
ftr-441	335	25	;	;	PUNCT
ftr-441	336	1	alan	alan	PROPN
ftr-441	336	2	gunn	gunn	PROPN
ftr-441	336	3	,	,	PUNCT
ftr-441	336	4	the	the	DET
ftr-441	336	5	character	character	NOUN
ftr-441	336	6	of	of	ADP
ftr-441	336	7	a	a	DET
ftr-441	336	8	partner	partner	NOUN
ftr-441	336	9	's	's	PART
ftr-441	336	10	distributive	distributive	ADJ
ftr-441	336	11	share	share	NOUN
ftr-441	336	12	under	under	ADP
ftr-441	336	13	the	the	DET
ftr-441	336	14	"	"	PUNCT
ftr-441	336	15	substantial	substantial	ADJ
ftr-441	336	16	economic	economic	ADJ
ftr-441	336	17	effect	effect	NOUN
ftr-441	336	18	"	"	PUNCT
ftr-441	336	19	regulations	regulation	NOUN
ftr-441	336	20	,	,	PUNCT
ftr-441	336	21	40	40	NUM
ftr-441	336	22	tax	tax	NOUN
ftr-441	336	23	law	law	NOUN
ftr-441	336	24	.	.	PUNCT
ftr-441	337	1	121	121	NUM
ftr-441	337	2	,	,	PUNCT
ftr-441	337	3	124	124	NUM
ftr-441	337	4	-	-	SYM
ftr-441	337	5	25	25	NUM
ftr-441	337	6	(	(	PUNCT
ftr-441	337	7	1986	1986	NUM
ftr-441	337	8	)	)	PUNCT
ftr-441	337	9	;	;	PUNCT
ftr-441	337	10	william	william	PROPN
ftr-441	337	11	s.	s.	PROPN
ftr-441	337	12	mckee	mckee	PROPN
ftr-441	337	13	,	,	PUNCT
ftr-441	337	14	partnership	partnership	NOUN
ftr-441	337	15	allocations	allocation	NOUN
ftr-441	337	16	:	:	PUNCT
ftr-441	337	17	the	the	DET
ftr-441	337	18	need	need	NOUN
ftr-441	337	19	for	for	ADP
ftr-441	337	20	an	an	DET
ftr-441	337	21	entity	entity	NOUN
ftr-441	337	22	approach	approach	NOUN
ftr-441	337	23	,	,	PUNCT
ftr-441	337	24	66	66	NUM
ftr-441	337	25	va	va	NOUN
ftr-441	337	26	.	.	PUNCT
ftr-441	338	1	l.	l.	PROPN
ftr-441	338	2	rev	rev	PROPN
ftr-441	338	3	.	.	PROPN
ftr-441	338	4	1039	1039	NUM
ftr-441	338	5	,	,	PUNCT
ftr-441	338	6	1059	1059	NUM
ftr-441	338	7	n.85	n.85	X
ftr-441	338	8	(	(	PUNCT
ftr-441	338	9	1980	1980	NUM
ftr-441	338	10	)	)	PUNCT
ftr-441	338	11	;	;	PUNCT
ftr-441	338	12	utz	utz	ADJ
ftr-441	338	13	-	-	PUNCT
ftr-441	338	14	federal	federal	ADJ
ftr-441	338	15	,	,	PUNCT
ftr-441	338	16	supra	supra	ADJ
ftr-441	338	17	note	note	NOUN
ftr-441	338	18	44	44	NUM
ftr-441	338	19	,	,	PUNCT
ftr-441	338	20	at	at	ADP
ftr-441	338	21	118	118	NUM
ftr-441	338	22	;	;	PUNCT
ftr-441	338	23	stephen	stephen	PROPN
ftr-441	338	24	g.	g.	PROPN
ftr-441	338	25	utz	utz	PROPN
ftr-441	338	26	,	,	PUNCT
ftr-441	338	27	partnership	partnership	NOUN
ftr-441	338	28	taxation	taxation	NOUN
ftr-441	338	29	in	in	ADP
ftr-441	338	30	transition	transition	NOUN
ftr-441	338	31	:	:	PUNCT
ftr-441	338	32	of	of	ADP
ftr-441	338	33	form	form	NOUN
ftr-441	338	34	,	,	PUNCT
ftr-441	338	35	substance	substance	NOUN
ftr-441	338	36	,	,	PUNCT
ftr-441	338	37	and	and	CCONJ
ftr-441	338	38	economic	economic	ADJ
ftr-441	338	39	risk	risk	NOUN
ftr-441	338	40	,	,	PUNCT
ftr-441	338	41	43	43	NUM
ftr-441	338	42	tax	tax	NOUN
ftr-441	338	43	law	law	NOUN
ftr-441	338	44	.	.	PUNCT
ftr-441	339	1	693	693	NUM
ftr-441	339	2	,	,	PUNCT
ftr-441	339	3	700	700	NUM
ftr-441	339	4	-	-	SYM
ftr-441	339	5	01	01	NUM
ftr-441	339	6	(	(	PUNCT
ftr-441	339	7	1990	1990	NUM
ftr-441	339	8	)	)	PUNCT
ftr-441	339	9	.	.	PUNCT
ftr-441	340	1	46	46	NUM
ftr-441	340	2	.	.	PUNCT
ftr-441	341	1	if	if	SCONJ
ftr-441	341	2	a	a	PRON
ftr-441	341	3	's	be	AUX
ftr-441	341	4	only	only	ADJ
ftr-441	341	5	investment	investment	NOUN
ftr-441	341	6	in	in	ADP
ftr-441	341	7	the	the	DET
ftr-441	341	8	partnership	partnership	NOUN
ftr-441	341	9	were	be	AUX
ftr-441	341	10	less	less	ADJ
ftr-441	341	11	than	than	ADP
ftr-441	341	12	$	$	SYM
ftr-441	341	13	200	200	NUM
ftr-441	341	14	and	and	CCONJ
ftr-441	341	15	the	the	DET
ftr-441	341	16	partnership	partnership	NOUN
ftr-441	341	17	had	have	VERB
ftr-441	341	18	no	no	DET
ftr-441	341	19	debt	debt	NOUN
ftr-441	341	20	,	,	PUNCT
ftr-441	341	21	then	then	ADV
ftr-441	341	22	a	a	PRON
ftr-441	341	23	's	's	PART
ftr-441	341	24	loss	loss	NOUN
ftr-441	341	25	for	for	ADP
ftr-441	341	26	the	the	DET
ftr-441	341	27	year	year	NOUN
ftr-441	341	28	would	would	AUX
ftr-441	341	29	be	be	AUX
ftr-441	341	30	limited	limit	VERB
ftr-441	341	31	to	to	ADP
ftr-441	341	32	the	the	DET
ftr-441	341	33	amount	amount	NOUN
ftr-441	341	34	of	of	ADP
ftr-441	341	35	his	his	PRON
ftr-441	341	36	or	or	CCONJ
ftr-441	341	37	her	her	PRON
ftr-441	341	38	investment	investment	NOUN
ftr-441	341	39	.	.	PUNCT
ftr-441	342	1	irc	irc	PROPN
ftr-441	342	2	§	§	PROPN
ftr-441	342	3	704(d	704(d	PROPN
ftr-441	342	4	)	)	PUNCT
ftr-441	342	5	.	.	PUNCT
ftr-441	343	1	but	but	CCONJ
ftr-441	343	2	if	if	SCONJ
ftr-441	343	3	the	the	DET
ftr-441	343	4	loss	loss	NOUN
ftr-441	343	5	were	be	AUX
ftr-441	343	6	generated	generate	VERB
ftr-441	343	7	by	by	ADP
ftr-441	343	8	partnership	partnership	NOUN
ftr-441	343	9	debt	debt	NOUN
ftr-441	343	10	and	and	CCONJ
ftr-441	343	11	enough	enough	ADJ
ftr-441	343	12	of	of	ADP
ftr-441	343	13	the	the	DET
ftr-441	343	14	debt	debt	NOUN
ftr-441	343	15	were	be	AUX
ftr-441	343	16	allocated	allocate	VERB
ftr-441	343	17	to	to	ADP
ftr-441	343	18	a	a	PRON
ftr-441	343	19	,	,	PUNCT
ftr-441	343	20	which	which	PRON
ftr-441	343	21	would	would	AUX
ftr-441	343	22	almost	almost	ADV
ftr-441	343	23	always	always	ADV
ftr-441	343	24	be	be	AUX
ftr-441	343	25	the	the	DET
ftr-441	343	26	case	case	NOUN
ftr-441	343	27	,	,	PUNCT
ftr-441	343	28	there	there	PRON
ftr-441	343	29	is	be	VERB
ftr-441	343	30	nothing	nothing	PRON
ftr-441	343	31	in	in	ADP
ftr-441	343	32	the	the	DET
ftr-441	343	33	economic	economic	ADJ
ftr-441	343	34	effect	effect	NOUN
ftr-441	343	35	rules	rule	VERB
ftr-441	343	36	to	to	PART
ftr-441	343	37	prohibit	prohibit	VERB
ftr-441	343	38	a	a	DET
ftr-441	343	39	's	's	PART
ftr-441	343	40	claim	claim	NOUN
ftr-441	343	41	of	of	ADP
ftr-441	343	42	the	the	DET
ftr-441	343	43	$	$	SYM
ftr-441	343	44	200	200	NUM
ftr-441	343	45	loss	loss	NOUN
ftr-441	343	46	.	.	PUNCT
ftr-441	344	1	47	47	NUM
ftr-441	344	2	.	.	PUNCT
ftr-441	345	1	see	see	VERB
ftr-441	345	2	utz	utz	ADJ
ftr-441	345	3	-	-	PUNCT
ftr-441	345	4	federal	federal	ADJ
ftr-441	345	5	,	,	PUNCT
ftr-441	345	6	supra	supra	ADJ
ftr-441	345	7	note	note	NOUN
ftr-441	345	8	44	44	NUM
ftr-441	345	9	,	,	PUNCT
ftr-441	345	10	at	at	ADP
ftr-441	345	11	117	117	NUM
ftr-441	345	12	.	.	PUNCT
ftr-441	346	1	what	what	PRON
ftr-441	346	2	the	the	DET
ftr-441	346	3	parties	party	NOUN
ftr-441	346	4	may	may	AUX
ftr-441	346	5	contemplate	contemplate	VERB
ftr-441	346	6	,	,	PUNCT
ftr-441	346	7	and	and	CCONJ
ftr-441	346	8	what	what	PRON
ftr-441	346	9	in	in	ADP
ftr-441	346	10	fact	fact	NOUN
ftr-441	346	11	may	may	AUX
ftr-441	346	12	transpire	transpire	VERB
ftr-441	346	13	,	,	PUNCT
ftr-441	346	14	is	be	AUX
ftr-441	346	15	a	a	DET
ftr-441	346	16	prompt	prompt	ADJ
ftr-441	346	17	special	special	ADJ
ftr-441	346	18	allocation	allocation	NOUN
ftr-441	346	19	of	of	ADP
ftr-441	346	20	income	income	NOUN
ftr-441	346	21	to	to	ADP
ftr-441	346	22	a	a	DET
ftr-441	346	23	in	in	ADP
ftr-441	346	24	year	year	NOUN
ftr-441	346	25	2	2	NUM
ftr-441	346	26	to	to	PART
ftr-441	346	27	make	make	VERB
ftr-441	346	28	up	up	ADP
ftr-441	346	29	for	for	ADP
ftr-441	346	30	the	the	DET
ftr-441	346	31	special	special	ADJ
ftr-441	346	32	loss	loss	NOUN
ftr-441	346	33	allocation	allocation	NOUN
ftr-441	346	34	in	in	ADP
ftr-441	346	35	year	year	NOUN
ftr-441	346	36	1	1	NUM
ftr-441	346	37	.	.	PUNCT
ftr-441	347	1	the	the	DET
ftr-441	347	2	offsetting	offset	VERB
ftr-441	347	3	allocation	allocation	NOUN
ftr-441	347	4	immediately	immediately	ADV
ftr-441	347	5	cancels	cancel	VERB
ftr-441	347	6	out	out	ADP
ftr-441	347	7	the	the	DET
ftr-441	347	8	hypothetical	hypothetical	ADJ
ftr-441	347	9	economic	economic	ADJ
ftr-441	347	10	burden	burden	NOUN
ftr-441	347	11	assumed	assume	VERB
ftr-441	347	12	by	by	ADP
ftr-441	347	13	a	a	PRON
ftr-441	347	14	as	as	ADP
ftr-441	347	15	a	a	DET
ftr-441	347	16	result	result	NOUN
ftr-441	347	17	of	of	ADP
ftr-441	347	18	the	the	DET
ftr-441	347	19	year	year	NOUN
ftr-441	347	20	i	i	PRON
ftr-441	347	21	allocation	allocation	NOUN
ftr-441	347	22	.	.	PUNCT
ftr-441	348	1	thus	thus	ADV
ftr-441	348	2	,	,	PUNCT
ftr-441	348	3	in	in	ADP
ftr-441	348	4	any	any	DET
ftr-441	348	5	year	year	NOUN
ftr-441	348	6	after	after	ADP
ftr-441	348	7	year	year	NOUN
ftr-441	348	8	2	2	NUM
ftr-441	348	9	,	,	PUNCT
ftr-441	348	10	a	a	DET
ftr-441	348	11	's	's	PART
ftr-441	348	12	economic	economic	ADJ
ftr-441	348	13	burden	burden	NOUN
ftr-441	348	14	would	would	AUX
ftr-441	348	15	have	have	AUX
ftr-441	348	16	vanished	vanish	VERB
ftr-441	348	17	,	,	PUNCT
ftr-441	348	18	with	with	SCONJ
ftr-441	348	19	the	the	DET
ftr-441	348	20	allocation	allocation	NOUN
ftr-441	348	21	of	of	ADP
ftr-441	348	22	such	such	ADJ
ftr-441	348	23	burden	burden	NOUN
ftr-441	348	24	to	to	ADP
ftr-441	348	25	a	a	DET
ftr-441	348	26	in	in	ADP
ftr-441	348	27	year	year	NOUN
ftr-441	348	28	1	1	NUM
ftr-441	348	29	having	having	AUX
ftr-441	348	30	been	be	AUX
ftr-441	348	31	a	a	DET
ftr-441	348	32	mere	mere	ADJ
ftr-441	348	33	paper	paper	NOUN
ftr-441	348	34	entry	entry	NOUN
ftr-441	348	35	.	.	PUNCT
ftr-441	349	1	[	[	X
ftr-441	349	2	vol	vol	NOUN
ftr-441	349	3	4:3	4:3	NUM
ftr-441	349	4	the	the	DET
ftr-441	349	5	future	future	ADJ
ftr-441	349	6	taxation	taxation	NOUN
ftr-441	349	7	of	of	ADP
ftr-441	349	8	private	private	ADJ
ftr-441	349	9	business	business	NOUN
ftr-441	349	10	firms	firm	NOUN
ftr-441	349	11	allocation	allocation	NOUN
ftr-441	349	12	,	,	PUNCT
ftr-441	349	13	neither	neither	CCONJ
ftr-441	349	14	a	a	DET
ftr-441	349	15	current	current	ADJ
ftr-441	349	16	nor	nor	CCONJ
ftr-441	349	17	future	future	ADJ
ftr-441	349	18	allocation	allocation	NOUN
ftr-441	349	19	will	will	AUX
ftr-441	349	20	be	be	AUX
ftr-441	349	21	respected	respect	VERB
ftr-441	349	22	if	if	SCONJ
ftr-441	349	23	at	at	ADP
ftr-441	349	24	the	the	DET
ftr-441	349	25	time	time	NOUN
ftr-441	349	26	they	they	PRON
ftr-441	349	27	are	be	AUX
ftr-441	349	28	agreed	agree	VERB
ftr-441	349	29	to	to	PART
ftr-441	349	30	,	,	PUNCT
ftr-441	349	31	there	there	PRON
ftr-441	349	32	is	be	VERB
ftr-441	349	33	a	a	DET
ftr-441	349	34	strong	strong	ADJ
ftr-441	349	35	likelihood	likelihood	NOUN
ftr-441	349	36	that	that	SCONJ
ftr-441	349	37	they	they	PRON
ftr-441	349	38	will	will	AUX
ftr-441	349	39	offset	offset	VERB
ftr-441	349	40	one	one	NOUN
ftr-441	349	41	another	another	PRON
ftr-441	349	42	yet	yet	ADV
ftr-441	349	43	will	will	AUX
ftr-441	349	44	reduce	reduce	VERB
ftr-441	349	45	collective	collective	ADJ
ftr-441	349	46	tax	tax	NOUN
ftr-441	349	47	liabilities	liability	NOUN
ftr-441	349	48	.	.	PUNCT
ftr-441	350	1	8	8	NUM
ftr-441	351	1	but	but	CCONJ
ftr-441	351	2	if	if	SCONJ
ftr-441	351	3	adjustments	adjustment	NOUN
ftr-441	351	4	to	to	ADP
ftr-441	351	5	capital	capital	NOUN
ftr-441	351	6	accounts	account	NOUN
ftr-441	351	7	have	have	VERB
ftr-441	351	8	real	real	ADJ
ftr-441	351	9	economic	economic	ADJ
ftr-441	351	10	significance	significance	NOUN
ftr-441	351	11	when	when	SCONJ
ftr-441	351	12	they	they	PRON
ftr-441	351	13	are	be	AUX
ftr-441	351	14	made	make	VERB
ftr-441	351	15	,	,	PUNCT
ftr-441	351	16	then	then	ADV
ftr-441	351	17	there	there	PRON
ftr-441	351	18	is	be	VERB
ftr-441	351	19	no	no	DET
ftr-441	351	20	particular	particular	ADJ
ftr-441	351	21	reason	reason	NOUN
ftr-441	351	22	why	why	SCONJ
ftr-441	351	23	the	the	DET
ftr-441	351	24	treasury	treasury	NOUN
ftr-441	351	25	should	should	AUX
ftr-441	351	26	be	be	AUX
ftr-441	351	27	concerned	concern	VERB
ftr-441	351	28	about	about	ADP
ftr-441	351	29	the	the	DET
ftr-441	351	30	possibility	possibility	NOUN
ftr-441	351	31	of	of	ADP
ftr-441	351	32	there	there	PRON
ftr-441	351	33	being	be	AUX
ftr-441	351	34	offsetting	offset	VERB
ftr-441	351	35	future	future	ADJ
ftr-441	351	36	adjustments	adjustment	NOUN
ftr-441	351	37	.	.	PUNCT
ftr-441	352	1	the	the	DET
ftr-441	352	2	fact	fact	NOUN
ftr-441	352	3	that	that	SCONJ
ftr-441	352	4	the	the	DET
ftr-441	352	5	treasury	treasury	NOUN
ftr-441	352	6	is	be	AUX
ftr-441	352	7	rightly	rightly	ADV
ftr-441	352	8	concerned	concerned	ADJ
ftr-441	352	9	about	about	ADP
ftr-441	352	10	that	that	DET
ftr-441	352	11	possibility	possibility	NOUN
ftr-441	352	12	is	be	AUX
ftr-441	352	13	indicative	indicative	ADJ
ftr-441	352	14	of	of	ADP
ftr-441	352	15	the	the	DET
ftr-441	352	16	inconsequential	inconsequential	ADJ
ftr-441	352	17	nature	nature	NOUN
ftr-441	352	18	of	of	ADP
ftr-441	352	19	the	the	DET
ftr-441	352	20	initial	initial	ADJ
ftr-441	352	21	capital	capital	NOUN
ftr-441	352	22	account	account	NOUN
ftr-441	352	23	adjustment	adjustment	NOUN
ftr-441	352	24	and	and	CCONJ
ftr-441	352	25	,	,	PUNCT
ftr-441	352	26	therefore	therefore	ADV
ftr-441	352	27	,	,	PUNCT
ftr-441	352	28	the	the	DET
ftr-441	352	29	entire	entire	ADJ
ftr-441	352	30	economic	economic	ADJ
ftr-441	352	31	effect	effect	NOUN
ftr-441	352	32	test	test	NOUN
ftr-441	352	33	.	.	PUNCT
ftr-441	353	1	in	in	ADP
ftr-441	353	2	addition	addition	NOUN
ftr-441	353	3	,	,	PUNCT
ftr-441	353	4	the	the	DET
ftr-441	353	5	economic	economic	ADJ
ftr-441	353	6	effect	effect	NOUN
ftr-441	353	7	test	test	NOUN
ftr-441	353	8	is	be	AUX
ftr-441	353	9	completely	completely	ADV
ftr-441	353	10	ineffective	ineffective	ADJ
ftr-441	353	11	at	at	ADP
ftr-441	353	12	preventing	prevent	VERB
ftr-441	353	13	the	the	DET
ftr-441	353	14	tax	tax	NOUN
ftr-441	353	15	-	-	PUNCT
ftr-441	353	16	motivated	motivate	VERB
ftr-441	353	17	allocation	allocation	NOUN
ftr-441	353	18	of	of	ADP
ftr-441	353	19	tax	tax	NOUN
ftr-441	353	20	items	item	NOUN
ftr-441	353	21	which	which	PRON
ftr-441	353	22	do	do	AUX
ftr-441	353	23	not	not	PART
ftr-441	353	24	have	have	VERB
ftr-441	353	25	any	any	DET
ftr-441	353	26	economic	economic	ADJ
ftr-441	353	27	counterpart	counterpart	NOUN
ftr-441	353	28	borne	bear	VERB
ftr-441	353	29	by	by	ADP
ftr-441	353	30	any	any	DET
ftr-441	353	31	partner	partner	NOUN
ftr-441	353	32	.	.	PUNCT
ftr-441	354	1	initial	initial	ADJ
ftr-441	354	2	examples	example	NOUN
ftr-441	354	3	of	of	ADP
ftr-441	354	4	such	such	ADJ
ftr-441	354	5	tax	tax	NOUN
ftr-441	354	6	items	item	NOUN
ftr-441	354	7	include	include	VERB
ftr-441	354	8	certain	certain	ADJ
ftr-441	354	9	tax	tax	NOUN
ftr-441	354	10	credits	credit	NOUN
ftr-441	354	11	,	,	PUNCT
ftr-441	354	12	depreciation	depreciation	NOUN
ftr-441	354	13	and	and	CCONJ
ftr-441	354	14	other	other	ADJ
ftr-441	354	15	noneconomic	noneconomic	ADJ
ftr-441	354	16	deductions	deduction	NOUN
ftr-441	354	17	,	,	PUNCT
ftr-441	354	18	and	and	CCONJ
ftr-441	354	19	deductions	deduction	NOUN
ftr-441	354	20	attributable	attributable	ADJ
ftr-441	354	21	to	to	ADP
ftr-441	354	22	nonrecourse	nonrecourse	NOUN
ftr-441	354	23	indebtedness	indebtedness	NOUN
ftr-441	354	24	incurred	incur	VERB
ftr-441	354	25	by	by	ADP
ftr-441	354	26	the	the	DET
ftr-441	354	27	partnership	partnership	NOUN
ftr-441	354	28	.	.	PUNCT
ftr-441	355	1	if	if	SCONJ
ftr-441	355	2	a	a	DET
ftr-441	355	3	$	$	SYM
ftr-441	355	4	100	100	NUM
ftr-441	355	5	tax	tax	NOUN
ftr-441	355	6	depreciation	depreciation	NOUN
ftr-441	355	7	deduction	deduction	NOUN
ftr-441	355	8	of	of	ADP
ftr-441	355	9	a	a	DET
ftr-441	355	10	partnership	partnership	NOUN
ftr-441	355	11	has	have	VERB
ftr-441	355	12	no	no	DET
ftr-441	355	13	economic	economic	ADJ
ftr-441	355	14	corollary	corollary	NOUN
ftr-441	355	15	(	(	PUNCT
ftr-441	355	16	because	because	SCONJ
ftr-441	355	17	there	there	PRON
ftr-441	355	18	is	be	VERB
ftr-441	355	19	no	no	DET
ftr-441	355	20	cash	cash	NOUN
ftr-441	355	21	outlay	outlay	NOUN
ftr-441	355	22	of	of	ADP
ftr-441	355	23	that	that	DET
ftr-441	355	24	amount	amount	NOUN
ftr-441	355	25	and	and	CCONJ
ftr-441	355	26	the	the	DET
ftr-441	355	27	property	property	NOUN
ftr-441	355	28	being	be	AUX
ftr-441	355	29	depreciated	depreciate	VERB
ftr-441	355	30	has	have	AUX
ftr-441	355	31	in	in	ADP
ftr-441	355	32	fact	fact	NOUN
ftr-441	355	33	retained	retain	VERB
ftr-441	355	34	its	its	PRON
ftr-441	355	35	value	value	NOUN
ftr-441	355	36	)	)	PUNCT
ftr-441	355	37	,	,	PUNCT
ftr-441	355	38	to	to	PART
ftr-441	355	39	whom	whom	PRON
ftr-441	355	40	should	should	AUX
ftr-441	355	41	the	the	DET
ftr-441	355	42	deduction	deduction	NOUN
ftr-441	355	43	be	be	AUX
ftr-441	355	44	allocated	allocate	VERB
ftr-441	355	45	under	under	ADP
ftr-441	355	46	the	the	DET
ftr-441	355	47	economic	economic	ADJ
ftr-441	355	48	effect	effect	NOUN
ftr-441	355	49	test	test	NOUN
ftr-441	355	50	?	?	PUNCT
ftr-441	356	1	other	other	ADJ
ftr-441	356	2	even	even	ADV
ftr-441	356	3	more	more	ADV
ftr-441	356	4	pervasive	pervasive	ADJ
ftr-441	356	5	examples	example	NOUN
ftr-441	356	6	of	of	ADP
ftr-441	356	7	tax	tax	NOUN
ftr-441	356	8	items	item	NOUN
ftr-441	356	9	without	without	ADP
ftr-441	356	10	economic	economic	ADJ
ftr-441	356	11	counterparts	counterpart	NOUN
ftr-441	356	12	are	be	AUX
ftr-441	356	13	tax	tax	NOUN
ftr-441	356	14	deductions	deduction	NOUN
ftr-441	356	15	attributable	attributable	ADJ
ftr-441	356	16	to	to	ADP
ftr-441	356	17	any	any	DET
ftr-441	356	18	form	form	NOUN
ftr-441	356	19	of	of	ADP
ftr-441	356	20	entity	entity	NOUN
ftr-441	356	21	debt	debt	NOUN
ftr-441	356	22	if	if	SCONJ
ftr-441	356	23	the	the	DET
ftr-441	356	24	owners	owner	NOUN
ftr-441	356	25	,	,	PUNCT
ftr-441	356	26	such	such	ADJ
ftr-441	356	27	as	as	ADP
ftr-441	356	28	limited	limited	ADJ
ftr-441	356	29	partners	partner	NOUN
ftr-441	356	30	,	,	PUNCT
ftr-441	356	31	llc	llc	NOUN
ftr-441	356	32	members	member	NOUN
ftr-441	356	33	,	,	PUNCT
ftr-441	356	34	corporate	corporate	ADJ
ftr-441	356	35	shareholders	shareholder	NOUN
ftr-441	356	36	,	,	PUNCT
ftr-441	356	37	or	or	CCONJ
ftr-441	356	38	any	any	DET
ftr-441	356	39	partners	partner	NOUN
ftr-441	356	40	of	of	ADP
ftr-441	356	41	an	an	DET
ftr-441	356	42	llp	llp	NOUN
ftr-441	356	43	or	or	CCONJ
ftr-441	356	44	an	an	DET
ftr-441	356	45	lllp	lllp	NOUN
ftr-441	356	46	,	,	PUNCT
ftr-441	356	47	are	be	AUX
ftr-441	356	48	shielded	shield	VERB
ftr-441	356	49	from	from	ADP
ftr-441	356	50	personal	personal	ADJ
ftr-441	356	51	liability	liability	NOUN
ftr-441	356	52	for	for	ADP
ftr-441	356	53	repayment	repayment	NOUN
ftr-441	356	54	of	of	ADP
ftr-441	356	55	the	the	DET
ftr-441	356	56	debt.49	debt.49	NOUN
ftr-441	356	57	in	in	ADP
ftr-441	356	58	those	those	DET
ftr-441	356	59	circumstances	circumstance	NOUN
ftr-441	356	60	,	,	PUNCT
ftr-441	356	61	it	it	PRON
ftr-441	356	62	may	may	AUX
ftr-441	356	63	not	not	PART
ftr-441	356	64	be	be	AUX
ftr-441	356	65	possible	possible	ADJ
ftr-441	356	66	to	to	PART
ftr-441	356	67	award	award	VERB
ftr-441	356	68	tax	tax	NOUN
ftr-441	356	69	losses	loss	NOUN
ftr-441	356	70	only	only	ADV
ftr-441	356	71	to	to	ADP
ftr-441	356	72	those	those	PRON
ftr-441	356	73	bearing	bear	VERB
ftr-441	356	74	the	the	DET
ftr-441	356	75	economic	economic	ADJ
ftr-441	356	76	risk	risk	NOUN
ftr-441	356	77	of	of	ADP
ftr-441	356	78	loss	loss	NOUN
ftr-441	356	79	because	because	SCONJ
ftr-441	356	80	no	no	DET
ftr-441	356	81	owner	owner	NOUN
ftr-441	356	82	may	may	AUX
ftr-441	356	83	bear	bear	VERB
ftr-441	356	84	that	that	DET
ftr-441	356	85	economic	economic	ADJ
ftr-441	356	86	risk	risk	NOUN
ftr-441	356	87	.	.	PUNCT
ftr-441	357	1	lastly	lastly	ADV
ftr-441	357	2	,	,	PUNCT
ftr-441	357	3	certain	certain	ADJ
ftr-441	357	4	tax	tax	NOUN
ftr-441	357	5	items	item	NOUN
ftr-441	357	6	,	,	PUNCT
ftr-441	357	7	such	such	ADJ
ftr-441	357	8	as	as	ADP
ftr-441	357	9	capital	capital	NOUN
ftr-441	357	10	gain	gain	NOUN
ftr-441	357	11	or	or	CCONJ
ftr-441	357	12	tax	tax	NOUN
ftr-441	357	13	-	-	PUNCT
ftr-441	357	14	exempt	exempt	ADJ
ftr-441	357	15	income	income	NOUN
ftr-441	357	16	,	,	PUNCT
ftr-441	357	17	have	have	VERB
ftr-441	357	18	an	an	DET
ftr-441	357	19	economic	economic	ADJ
ftr-441	357	20	counterpart	counterpart	NOUN
ftr-441	357	21	but	but	CCONJ
ftr-441	357	22	also	also	ADV
ftr-441	357	23	introduce	introduce	VERB
ftr-441	357	24	matters	matter	NOUN
ftr-441	357	25	of	of	ADP
ftr-441	357	26	significance	significance	NOUN
ftr-441	357	27	only	only	ADV
ftr-441	357	28	for	for	ADP
ftr-441	357	29	tax	tax	NOUN
ftr-441	357	30	purposes	purpose	NOUN
ftr-441	357	31	.	.	PUNCT
ftr-441	358	1	a	a	DET
ftr-441	358	2	dollar	dollar	NOUN
ftr-441	358	3	's	's	PART
ftr-441	358	4	worth	worth	NOUN
ftr-441	358	5	of	of	ADP
ftr-441	358	6	capital	capital	NOUN
ftr-441	358	7	gain	gain	NOUN
ftr-441	358	8	and	and	CCONJ
ftr-441	358	9	ordinary	ordinary	ADJ
ftr-441	358	10	income	income	NOUN
ftr-441	358	11	may	may	AUX
ftr-441	358	12	look	look	VERB
ftr-441	358	13	the	the	DET
ftr-441	358	14	same	same	ADJ
ftr-441	358	15	from	from	ADP
ftr-441	358	16	the	the	DET
ftr-441	358	17	perspective	perspective	NOUN
ftr-441	358	18	of	of	ADP
ftr-441	358	19	a	a	DET
ftr-441	358	20	capital	capital	NOUN
ftr-441	358	21	account	account	NOUN
ftr-441	358	22	adjustment	adjustment	NOUN
ftr-441	358	23	,	,	PUNCT
ftr-441	358	24	but	but	CCONJ
ftr-441	358	25	they	they	PRON
ftr-441	358	26	may	may	AUX
ftr-441	358	27	have	have	VERB
ftr-441	358	28	very	very	ADV
ftr-441	358	29	real	real	ADJ
ftr-441	358	30	differences	difference	NOUN
ftr-441	358	31	from	from	ADP
ftr-441	358	32	a	a	DET
ftr-441	358	33	tax	tax	NOUN
ftr-441	358	34	standpoint	standpoint	NOUN
ftr-441	358	35	.	.	PUNCT
ftr-441	359	1	for	for	ADP
ftr-441	359	2	all	all	PRON
ftr-441	359	3	of	of	ADP
ftr-441	359	4	these	these	DET
ftr-441	359	5	types	type	NOUN
ftr-441	359	6	of	of	ADP
ftr-441	359	7	tax	tax	NOUN
ftr-441	359	8	items	item	NOUN
ftr-441	359	9	,	,	PUNCT
ftr-441	359	10	then	then	ADV
ftr-441	359	11	,	,	PUNCT
ftr-441	359	12	there	there	PRON
ftr-441	359	13	may	may	AUX
ftr-441	359	14	be	be	AUX
ftr-441	359	15	no	no	DET
ftr-441	359	16	economic	economic	ADJ
ftr-441	359	17	touchstone	touchstone	NOUN
ftr-441	359	18	on	on	ADP
ftr-441	359	19	which	which	PRON
ftr-441	359	20	to	to	PART
ftr-441	359	21	determine	determine	VERB
ftr-441	359	22	the	the	DET
ftr-441	359	23	proper	proper	ADJ
ftr-441	359	24	allocable	allocable	ADJ
ftr-441	359	25	share	share	NOUN
ftr-441	359	26	of	of	ADP
ftr-441	359	27	the	the	DET
ftr-441	359	28	item	item	NOUN
ftr-441	359	29	belonging	belong	VERB
ftr-441	359	30	to	to	ADP
ftr-441	359	31	the	the	DET
ftr-441	359	32	partner	partner	NOUN
ftr-441	359	33	.	.	PUNCT
ftr-441	360	1	the	the	DET
ftr-441	360	2	solution	solution	NOUN
ftr-441	360	3	of	of	ADP
ftr-441	360	4	matching	match	VERB
ftr-441	360	5	tax	tax	NOUN
ftr-441	360	6	allocation	allocation	NOUN
ftr-441	360	7	with	with	ADP
ftr-441	360	8	economic	economic	ADJ
ftr-441	360	9	consequence	consequence	NOUN
ftr-441	360	10	does	do	AUX
ftr-441	360	11	not	not	PART
ftr-441	360	12	work	work	VERB
ftr-441	360	13	if	if	SCONJ
ftr-441	360	14	a	a	DET
ftr-441	360	15	tax	tax	NOUN
ftr-441	360	16	item	item	NOUN
ftr-441	360	17	is	be	AUX
ftr-441	360	18	without	without	ADP
ftr-441	360	19	any	any	DET
ftr-441	360	20	corresponding	corresponding	ADJ
ftr-441	360	21	economic	economic	ADJ
ftr-441	360	22	effect	effect	NOUN
ftr-441	360	23	or	or	CCONJ
ftr-441	360	24	is	be	AUX
ftr-441	360	25	important	important	ADJ
ftr-441	360	26	only	only	ADV
ftr-441	360	27	because	because	SCONJ
ftr-441	360	28	of	of	ADP
ftr-441	360	29	some	some	DET
ftr-441	360	30	uniquely	uniquely	ADV
ftr-441	360	31	tax	tax	NOUN
ftr-441	360	32	-	-	PUNCT
ftr-441	360	33	related	relate	VERB
ftr-441	360	34	reason	reason	NOUN
ftr-441	360	35	.	.	PUNCT
ftr-441	361	1	48	48	NUM
ftr-441	361	2	.	.	PUNCT
ftr-441	362	1	see	see	VERB
ftr-441	362	2	regs	reg	NOUN
ftr-441	362	3	.	.	PUNCT
ftr-441	363	1	§	§	PROPN
ftr-441	363	2	1.704	1.704	NUM
ftr-441	363	3	-	-	NUM
ftr-441	363	4	1(b)(2)(iii)(c	1(b)(2)(iii)(c	NUM
ftr-441	363	5	)	)	PUNCT
ftr-441	363	6	.	.	PUNCT
ftr-441	364	1	49	49	NUM
ftr-441	364	2	.	.	PUNCT
ftr-441	365	1	see	see	VERB
ftr-441	365	2	karen	karen	PROPN
ftr-441	365	3	c.	c.	PROPN
ftr-441	365	4	burke	burke	PROPN
ftr-441	365	5	,	,	PUNCT
ftr-441	365	6	the	the	DET
ftr-441	365	7	uncertain	uncertain	ADJ
ftr-441	365	8	future	future	NOUN
ftr-441	365	9	of	of	ADP
ftr-441	365	10	limited	limited	ADJ
ftr-441	365	11	liability	liability	NOUN
ftr-441	365	12	companies	company	NOUN
ftr-441	365	13	,	,	PUNCT
ftr-441	365	14	12	12	NUM
ftr-441	365	15	am	am	NOUN
ftr-441	365	16	.	.	PUNCT
ftr-441	366	1	j.	j.	PROPN
ftr-441	366	2	tax	tax	NOUN
ftr-441	366	3	pol'y	pol'y	NOUN
ftr-441	366	4	13	13	NUM
ftr-441	366	5	,	,	PUNCT
ftr-441	366	6	58	58	NUM
ftr-441	366	7	(	(	PUNCT
ftr-441	366	8	1995	1995	NUM
ftr-441	366	9	)	)	PUNCT
ftr-441	366	10	(	(	PUNCT
ftr-441	366	11	"	"	PUNCT
ftr-441	366	12	[	[	X
ftr-441	366	13	t]he	t]he	ADV
ftr-441	366	14	economic	economic	ADJ
ftr-441	366	15	risk	risk	NOUN
ftr-441	366	16	of	of	ADP
ftr-441	366	17	loss	loss	NOUN
ftr-441	366	18	concept	concept	NOUN
ftr-441	366	19	is	be	AUX
ftr-441	366	20	meaningless	meaningless	ADJ
ftr-441	366	21	with	with	ADP
ftr-441	366	22	respect	respect	NOUN
ftr-441	366	23	to	to	ADP
ftr-441	366	24	most	most	ADJ
ftr-441	366	25	llc	llc	PROPN
ftr-441	366	26	liabilities	liability	NOUN
ftr-441	366	27	,	,	PUNCT
ftr-441	366	28	since	since	SCONJ
ftr-441	366	29	no	no	DET
ftr-441	366	30	member	member	NOUN
ftr-441	366	31	is	be	AUX
ftr-441	366	32	personally	personally	ADV
ftr-441	366	33	liable	liable	ADJ
ftr-441	366	34	"	"	PUNCT
ftr-441	366	35	)	)	PUNCT
ftr-441	366	36	.	.	PUNCT
ftr-441	367	1	1999	1999	NUM
ftr-441	367	2	]	]	PUNCT
ftr-441	367	3	florida	florida	PROPN
ftr-441	367	4	tax	tax	PROPN
ftr-441	367	5	review	review	NOUN
ftr-441	367	6	2	2	NUM
ftr-441	367	7	.	.	PUNCT
ftr-441	368	1	substantiality.-recognizing	substantiality.-recognize	VERB
ftr-441	368	2	the	the	DET
ftr-441	368	3	inadequacy	inadequacy	NOUN
ftr-441	368	4	of	of	ADP
ftr-441	368	5	the	the	DET
ftr-441	368	6	capital	capital	NOUN
ftr-441	368	7	account	account	NOUN
ftr-441	368	8	approach	approach	NOUN
ftr-441	368	9	and	and	CCONJ
ftr-441	368	10	the	the	DET
ftr-441	368	11	economic	economic	ADJ
ftr-441	368	12	effect	effect	NOUN
ftr-441	368	13	test	test	NOUN
ftr-441	368	14	,	,	PUNCT
ftr-441	368	15	the	the	DET
ftr-441	368	16	regulations	regulation	NOUN
ftr-441	368	17	impose	impose	VERB
ftr-441	368	18	a	a	DET
ftr-441	368	19	second	second	ADJ
ftr-441	368	20	,	,	PUNCT
ftr-441	368	21	independent	independent	ADJ
ftr-441	368	22	requirement	requirement	NOUN
ftr-441	368	23	for	for	ADP
ftr-441	368	24	insulating	insulate	VERB
ftr-441	368	25	a	a	DET
ftr-441	368	26	tax	tax	NOUN
ftr-441	368	27	allocation	allocation	NOUN
ftr-441	368	28	from	from	ADP
ftr-441	368	29	challenge	challenge	NOUN
ftr-441	368	30	.	.	PUNCT
ftr-441	369	1	this	this	DET
ftr-441	369	2	requirement	requirement	NOUN
ftr-441	369	3	,	,	PUNCT
ftr-441	369	4	termed	term	VERB
ftr-441	369	5	"	"	PUNCT
ftr-441	369	6	substantiality	substantiality	NOUN
ftr-441	369	7	"	"	PUNCT
ftr-441	369	8	in	in	ADP
ftr-441	369	9	a	a	DET
ftr-441	369	10	curious	curious	ADJ
ftr-441	369	11	use	use	NOUN
ftr-441	369	12	of	of	ADP
ftr-441	369	13	a	a	DET
ftr-441	369	14	word	word	NOUN
ftr-441	369	15	,	,	PUNCT
ftr-441	369	16	focuses	focus	VERB
ftr-441	369	17	on	on	ADP
ftr-441	369	18	the	the	DET
ftr-441	369	19	tax	tax	NOUN
ftr-441	369	20	minimization	minimization	NOUN
ftr-441	369	21	effect	effect	NOUN
ftr-441	369	22	of	of	ADP
ftr-441	369	23	the	the	DET
ftr-441	369	24	allocation.5	allocation.5	NOUN
ftr-441	369	25	"	"	PUNCT
ftr-441	369	26	in	in	ADP
ftr-441	369	27	other	other	ADJ
ftr-441	369	28	words	word	NOUN
ftr-441	369	29	,	,	PUNCT
ftr-441	369	30	even	even	ADV
ftr-441	369	31	if	if	SCONJ
ftr-441	369	32	a	a	DET
ftr-441	369	33	tax	tax	NOUN
ftr-441	369	34	allocation	allocation	NOUN
ftr-441	369	35	conforms	conform	VERB
ftr-441	369	36	to	to	ADP
ftr-441	369	37	the	the	DET
ftr-441	369	38	capital	capital	NOUN
ftr-441	369	39	account	account	NOUN
ftr-441	369	40	adjustments	adjustment	NOUN
ftr-441	369	41	of	of	ADP
ftr-441	369	42	the	the	DET
ftr-441	369	43	partners	partner	NOUN
ftr-441	369	44	in	in	ADP
ftr-441	369	45	the	the	DET
ftr-441	369	46	manner	manner	NOUN
ftr-441	369	47	specified	specify	VERB
ftr-441	369	48	by	by	ADP
ftr-441	369	49	the	the	DET
ftr-441	369	50	economic	economic	ADJ
ftr-441	369	51	effect	effect	NOUN
ftr-441	369	52	requirement	requirement	NOUN
ftr-441	369	53	,	,	PUNCT
ftr-441	369	54	the	the	DET
ftr-441	369	55	allocation	allocation	NOUN
ftr-441	369	56	may	may	AUX
ftr-441	369	57	still	still	ADV
ftr-441	369	58	be	be	AUX
ftr-441	369	59	invalid	invalid	ADJ
ftr-441	369	60	if	if	SCONJ
ftr-441	369	61	its	its	PRON
ftr-441	369	62	effect	effect	NOUN
ftr-441	369	63	is	be	AUX
ftr-441	369	64	to	to	PART
ftr-441	369	65	minimize	minimize	VERB
ftr-441	369	66	tax	tax	NOUN
ftr-441	369	67	liabilities	liability	NOUN
ftr-441	369	68	.	.	PUNCT
ftr-441	370	1	the	the	DET
ftr-441	370	2	substantiality	substantiality	NOUN
ftr-441	370	3	requirement	requirement	NOUN
ftr-441	370	4	is	be	AUX
ftr-441	370	5	manifested	manifest	VERB
ftr-441	370	6	in	in	ADP
ftr-441	370	7	several	several	ADJ
ftr-441	370	8	different	different	ADJ
ftr-441	370	9	ways	way	NOUN
ftr-441	370	10	in	in	ADP
ftr-441	370	11	the	the	DET
ftr-441	370	12	regulations	regulation	NOUN
ftr-441	370	13	but	but	CCONJ
ftr-441	370	14	the	the	DET
ftr-441	370	15	strongest	strong	ADJ
ftr-441	370	16	version	version	NOUN
ftr-441	370	17	focuses	focus	VERB
ftr-441	370	18	on	on	ADP
ftr-441	370	19	the	the	DET
ftr-441	370	20	after	after	ADP
ftr-441	370	21	-	-	PUNCT
ftr-441	370	22	tax	tax	NOUN
ftr-441	370	23	economic	economic	ADJ
ftr-441	370	24	consequences	consequence	NOUN
ftr-441	370	25	of	of	ADP
ftr-441	370	26	the	the	DET
ftr-441	370	27	proposed	propose	VERB
ftr-441	370	28	allocation	allocation	NOUN
ftr-441	370	29	to	to	ADP
ftr-441	370	30	the	the	DET
ftr-441	370	31	partners	partner	NOUN
ftr-441	370	32	.	.	PUNCT
ftr-441	371	1	under	under	ADP
ftr-441	371	2	this	this	DET
ftr-441	371	3	version	version	NOUN
ftr-441	371	4	of	of	ADP
ftr-441	371	5	the	the	DET
ftr-441	371	6	test	test	NOUN
ftr-441	371	7	,	,	PUNCT
ftr-441	371	8	substantiality	substantiality	NOUN
ftr-441	371	9	is	be	AUX
ftr-441	371	10	flunked	flunk	VERB
ftr-441	371	11	and	and	CCONJ
ftr-441	371	12	an	an	DET
ftr-441	371	13	allocation	allocation	NOUN
ftr-441	371	14	is	be	AUX
ftr-441	371	15	invalid	invalid	ADJ
ftr-441	371	16	for	for	ADP
ftr-441	371	17	tax	tax	NOUN
ftr-441	371	18	purposes	purpose	NOUN
ftr-441	371	19	if	if	SCONJ
ftr-441	371	20	,	,	PUNCT
ftr-441	371	21	after	after	SCONJ
ftr-441	371	22	the	the	DET
ftr-441	371	23	tax	tax	NOUN
ftr-441	371	24	effects	effect	NOUN
ftr-441	371	25	of	of	ADP
ftr-441	371	26	the	the	DET
ftr-441	371	27	allocation	allocation	NOUN
ftr-441	371	28	are	be	AUX
ftr-441	371	29	taken	take	VERB
ftr-441	371	30	into	into	ADP
ftr-441	371	31	account	account	NOUN
ftr-441	371	32	,	,	PUNCT
ftr-441	371	33	no	no	DET
ftr-441	371	34	partner	partner	NOUN
ftr-441	371	35	is	be	AUX
ftr-441	371	36	worse	bad	ADJ
ftr-441	371	37	off	off	ADV
ftr-441	371	38	and	and	CCONJ
ftr-441	371	39	at	at	ADV
ftr-441	371	40	least	least	ADV
ftr-441	371	41	one	one	NUM
ftr-441	371	42	partner	partner	NOUN
ftr-441	371	43	is	be	AUX
ftr-441	371	44	better	well	ADJ
ftr-441	371	45	off	off	ADP
ftr-441	371	46	(	(	PUNCT
ftr-441	371	47	both	both	PRON
ftr-441	371	48	determined	determine	VERB
ftr-441	371	49	from	from	ADP
ftr-441	371	50	a	a	DET
ftr-441	371	51	present	present	ADJ
ftr-441	371	52	value	value	NOUN
ftr-441	371	53	standpoint	standpoint	NOUN
ftr-441	371	54	)	)	PUNCT
ftr-441	371	55	than	than	SCONJ
ftr-441	371	56	the	the	DET
ftr-441	371	57	results	result	NOUN
ftr-441	371	58	had	have	VERB
ftr-441	371	59	no	no	DET
ftr-441	371	60	special	special	ADJ
ftr-441	371	61	allocation	allocation	NOUN
ftr-441	371	62	taken	take	VERB
ftr-441	371	63	place	place	NOUN
ftr-441	371	64	.	.	PUNCT
ftr-441	371	65	"	"	PUNCT
ftr-441	372	1	it	it	PRON
ftr-441	372	2	is	be	AUX
ftr-441	372	3	,	,	PUNCT
ftr-441	372	4	in	in	ADP
ftr-441	372	5	effect	effect	NOUN
ftr-441	372	6	,	,	PUNCT
ftr-441	372	7	a	a	DET
ftr-441	372	8	test	test	NOUN
ftr-441	372	9	of	of	ADP
ftr-441	372	10	"	"	PUNCT
ftr-441	372	11	tax	tax	NOUN
ftr-441	372	12	efficiency	efficiency	NOUN
ftr-441	372	13	,	,	PUNCT
ftr-441	372	14	"	"	PUNCT
ftr-441	372	15	with	with	ADP
ftr-441	372	16	a	a	DET
ftr-441	372	17	pareto	pareto	ADJ
ftr-441	372	18	improvement	improvement	NOUN
ftr-441	372	19	in	in	ADP
ftr-441	372	20	this	this	DET
ftr-441	372	21	case	case	NOUN
ftr-441	372	22	being	be	AUX
ftr-441	372	23	an	an	DET
ftr-441	372	24	arrangement	arrangement	NOUN
ftr-441	372	25	indicative	indicative	ADJ
ftr-441	372	26	of	of	ADP
ftr-441	372	27	tax	tax	NOUN
ftr-441	372	28	avoidance	avoidance	NOUN
ftr-441	372	29	and	and	CCONJ
ftr-441	372	30	therefore	therefore	ADV
ftr-441	372	31	impermissible	impermissible	ADJ
ftr-441	372	32	.	.	PUNCT
ftr-441	373	1	an	an	DET
ftr-441	373	2	obvious	obvious	ADJ
ftr-441	373	3	concern	concern	NOUN
ftr-441	373	4	with	with	ADP
ftr-441	373	5	such	such	DET
ftr-441	373	6	a	a	DET
ftr-441	373	7	test	test	NOUN
ftr-441	373	8	is	be	AUX
ftr-441	373	9	the	the	DET
ftr-441	373	10	potential	potential	ADJ
ftr-441	373	11	invalidation	invalidation	NOUN
ftr-441	373	12	of	of	ADP
ftr-441	373	13	an	an	DET
ftr-441	373	14	economically	economically	ADV
ftr-441	373	15	efficient	efficient	ADJ
ftr-441	373	16	allocation	allocation	NOUN
ftr-441	373	17	which	which	PRON
ftr-441	373	18	just	just	ADV
ftr-441	373	19	happens	happen	VERB
ftr-441	373	20	to	to	PART
ftr-441	373	21	coincide	coincide	VERB
ftr-441	373	22	with	with	ADP
ftr-441	373	23	the	the	DET
ftr-441	373	24	tax	tax	NOUN
ftr-441	373	25	efficient	efficient	ADJ
ftr-441	373	26	one	one	NUM
ftr-441	373	27	.	.	PUNCT
ftr-441	374	1	but	but	CCONJ
ftr-441	374	2	the	the	DET
ftr-441	374	3	regulations	regulation	NOUN
ftr-441	374	4	apparently	apparently	ADV
ftr-441	374	5	set	set	VERB
ftr-441	374	6	that	that	DET
ftr-441	374	7	concern	concern	NOUN
ftr-441	374	8	aside	aside	ADV
ftr-441	374	9	as	as	ADP
ftr-441	374	10	perhaps	perhaps	ADV
ftr-441	374	11	the	the	DET
ftr-441	374	12	price	price	NOUN
ftr-441	374	13	that	that	PRON
ftr-441	374	14	must	must	AUX
ftr-441	374	15	be	be	AUX
ftr-441	374	16	paid	pay	VERB
ftr-441	374	17	to	to	PART
ftr-441	374	18	prevent	prevent	VERB
ftr-441	374	19	tax	tax	NOUN
ftr-441	374	20	avoidance	avoidance	NOUN
ftr-441	374	21	.	.	PUNCT
ftr-441	375	1	the	the	DET
ftr-441	375	2	substantiality	substantiality	NOUN
ftr-441	375	3	test	test	NOUN
ftr-441	375	4	is	be	AUX
ftr-441	375	5	sometimes	sometimes	ADV
ftr-441	375	6	difficult	difficult	ADJ
ftr-441	375	7	to	to	PART
ftr-441	375	8	apply	apply	VERB
ftr-441	375	9	in	in	ADP
ftr-441	375	10	practice	practice	NOUN
ftr-441	375	11	.	.	PUNCT
ftr-441	376	1	for	for	ADP
ftr-441	376	2	example	example	NOUN
ftr-441	376	3	,	,	PUNCT
ftr-441	376	4	suppose	suppose	VERB
ftr-441	376	5	special	special	ADJ
ftr-441	376	6	allocations	allocation	NOUN
ftr-441	376	7	span	span	VERB
ftr-441	376	8	a	a	DET
ftr-441	376	9	number	number	NOUN
ftr-441	376	10	of	of	ADP
ftr-441	376	11	years	year	NOUN
ftr-441	376	12	or	or	CCONJ
ftr-441	376	13	encompass	encompass	VERB
ftr-441	376	14	a	a	DET
ftr-441	376	15	number	number	NOUN
ftr-441	376	16	of	of	ADP
ftr-441	376	17	different	different	ADJ
ftr-441	376	18	tax	tax	NOUN
ftr-441	376	19	items	item	NOUN
ftr-441	376	20	in	in	ADP
ftr-441	376	21	a	a	DET
ftr-441	376	22	given	give	VERB
ftr-441	376	23	year	year	NOUN
ftr-441	376	24	,	,	PUNCT
ftr-441	376	25	with	with	ADP
ftr-441	376	26	all	all	DET
ftr-441	376	27	such	such	ADJ
ftr-441	376	28	allocations	allocation	NOUN
ftr-441	376	29	involving	involve	VERB
ftr-441	376	30	,	,	PUNCT
ftr-441	376	31	perhaps	perhaps	ADV
ftr-441	376	32	,	,	PUNCT
ftr-441	376	33	different	different	ADJ
ftr-441	376	34	sharing	sharing	NOUN
ftr-441	376	35	arrangements	arrangement	NOUN
ftr-441	376	36	.	.	PUNCT
ftr-441	377	1	which	which	DET
ftr-441	377	2	group	group	NOUN
ftr-441	377	3	of	of	ADP
ftr-441	377	4	allocations	allocation	NOUN
ftr-441	377	5	should	should	AUX
ftr-441	377	6	be	be	AUX
ftr-441	377	7	taken	take	VERB
ftr-441	377	8	into	into	ADP
ftr-441	377	9	account	account	NOUN
ftr-441	377	10	in	in	ADP
ftr-441	377	11	measuring	measure	VERB
ftr-441	377	12	the	the	DET
ftr-441	377	13	after	after	ADP
ftr-441	377	14	-	-	PUNCT
ftr-441	377	15	tax	tax	NOUN
ftr-441	377	16	economic	economic	ADJ
ftr-441	377	17	consequences	consequence	NOUN
ftr-441	377	18	mandated	mandate	VERB
ftr-441	377	19	by	by	ADP
ftr-441	377	20	the	the	DET
ftr-441	377	21	substantiality	substantiality	NOUN
ftr-441	377	22	test	test	NOUN
ftr-441	377	23	?	?	PUNCT
ftr-441	378	1	the	the	DET
ftr-441	378	2	substantiality	substantiality	NOUN
ftr-441	378	3	test	test	NOUN
ftr-441	378	4	generally	generally	ADV
ftr-441	378	5	requires	require	VERB
ftr-441	378	6	consideration	consideration	NOUN
ftr-441	378	7	of	of	ADP
ftr-441	378	8	more	more	ADJ
ftr-441	378	9	than	than	ADP
ftr-441	378	10	one	one	NUM
ftr-441	378	11	allocation	allocation	NOUN
ftr-441	378	12	,	,	PUNCT
ftr-441	378	13	yet	yet	CCONJ
ftr-441	378	14	it	it	PRON
ftr-441	378	15	provides	provide	VERB
ftr-441	378	16	little	little	ADJ
ftr-441	378	17	indication	indication	NOUN
ftr-441	378	18	regarding	regard	VERB
ftr-441	378	19	exactly	exactly	ADV
ftr-441	378	20	which	which	DET
ftr-441	378	21	allocations	allocation	NOUN
ftr-441	378	22	must	must	AUX
ftr-441	378	23	be	be	AUX
ftr-441	378	24	considered.52	considered.52	NOUN
ftr-441	378	25	the	the	DET
ftr-441	378	26	after	after	ADP
ftr-441	378	27	-	-	PUNCT
ftr-441	378	28	tax	tax	NOUN
ftr-441	378	29	economic	economic	ADJ
ftr-441	378	30	consequences	consequence	NOUN
ftr-441	378	31	of	of	ADP
ftr-441	378	32	allocations	allocation	NOUN
ftr-441	378	33	may	may	AUX
ftr-441	378	34	also	also	ADV
ftr-441	378	35	not	not	PART
ftr-441	378	36	be	be	AUX
ftr-441	378	37	readily	readily	ADV
ftr-441	378	38	ascertainable	ascertainable	ADJ
ftr-441	378	39	.	.	PUNCT
ftr-441	379	1	suppose	suppose	VERB
ftr-441	379	2	,	,	PUNCT
ftr-441	379	3	for	for	ADP
ftr-441	379	4	example	example	NOUN
ftr-441	379	5	,	,	PUNCT
ftr-441	379	6	a	a	DET
ftr-441	379	7	partnership	partnership	NOUN
ftr-441	379	8	claims	claim	VERB
ftr-441	379	9	certain	certain	ADJ
ftr-441	379	10	tax	tax	NOUN
ftr-441	379	11	depreciation	depreciation	NOUN
ftr-441	379	12	deductions	deduction	NOUN
ftr-441	379	13	with	with	ADP
ftr-441	379	14	respect	respect	NOUN
ftr-441	379	15	to	to	ADP
ftr-441	379	16	an	an	DET
ftr-441	379	17	investment	investment	NOUN
ftr-441	379	18	in	in	ADP
ftr-441	379	19	a	a	DET
ftr-441	379	20	building	building	NOUN
ftr-441	379	21	and	and	CCONJ
ftr-441	379	22	50	50	NUM
ftr-441	379	23	.	.	PUNCT
ftr-441	380	1	see	see	VERB
ftr-441	380	2	regs	reg	NOUN
ftr-441	380	3	.	.	PUNCT
ftr-441	381	1	§	§	PROPN
ftr-441	381	2	1.704	1.704	NUM
ftr-441	381	3	-	-	NUM
ftr-441	381	4	1(b)(2)(iii	1(b)(2)(iii	NUM
ftr-441	381	5	)	)	PUNCT
ftr-441	381	6	.	.	PUNCT
ftr-441	382	1	51	51	NUM
ftr-441	382	2	.	.	PUNCT
ftr-441	383	1	see	see	VERB
ftr-441	383	2	regs	reg	NOUN
ftr-441	383	3	.	.	PUNCT
ftr-441	384	1	§	§	PROPN
ftr-441	384	2	1.704	1.704	NUM
ftr-441	384	3	-	-	NUM
ftr-441	384	4	1(b)(2)(iii)(a	1(b)(2)(iii)(a	NUM
ftr-441	384	5	)	)	PUNCT
ftr-441	384	6	.	.	PUNCT
ftr-441	385	1	52	52	NUM
ftr-441	385	2	.	.	PUNCT
ftr-441	386	1	for	for	ADP
ftr-441	386	2	certain	certain	ADJ
ftr-441	386	3	incarnations	incarnation	NOUN
ftr-441	386	4	of	of	ADP
ftr-441	386	5	the	the	DET
ftr-441	386	6	substantiality	substantiality	NOUN
ftr-441	386	7	test	test	NOUN
ftr-441	386	8	,	,	PUNCT
ftr-441	386	9	but	but	CCONJ
ftr-441	386	10	apparently	apparently	ADV
ftr-441	386	11	not	not	PART
ftr-441	386	12	for	for	ADP
ftr-441	386	13	the	the	DET
ftr-441	386	14	strongest	strong	ADJ
ftr-441	386	15	version	version	NOUN
ftr-441	386	16	of	of	ADP
ftr-441	386	17	it	it	PRON
ftr-441	386	18	,	,	PUNCT
ftr-441	386	19	the	the	DET
ftr-441	386	20	regulations	regulation	NOUN
ftr-441	386	21	apply	apply	VERB
ftr-441	386	22	a	a	DET
ftr-441	386	23	five	five	NUM
ftr-441	386	24	-	-	PUNCT
ftr-441	386	25	year	year	NOUN
ftr-441	386	26	cut	cut	NOUN
ftr-441	386	27	-	-	PUNCT
ftr-441	386	28	off	off	ADP
ftr-441	386	29	rule	rule	NOUN
ftr-441	386	30	.	.	PUNCT
ftr-441	387	1	see	see	VERB
ftr-441	387	2	regs	reg	NOUN
ftr-441	387	3	.	.	PUNCT
ftr-441	388	1	§	§	PROPN
ftr-441	388	2	1.704l(b)(2)(iii)(c	1.704l(b)(2)(iii)(c	NUM
ftr-441	388	3	)	)	PUNCT
ftr-441	388	4	(	(	PUNCT
ftr-441	388	5	flush	flush	ADJ
ftr-441	388	6	language	language	NOUN
ftr-441	388	7	)	)	PUNCT
ftr-441	388	8	.	.	PUNCT
ftr-441	389	1	hence	hence	ADV
ftr-441	389	2	,	,	PUNCT
ftr-441	389	3	offsetting	offset	VERB
ftr-441	389	4	allocations	allocation	NOUN
ftr-441	389	5	occurring	occur	VERB
ftr-441	389	6	more	more	ADJ
ftr-441	389	7	than	than	ADP
ftr-441	389	8	five	five	NUM
ftr-441	389	9	years	year	NOUN
ftr-441	389	10	after	after	SCONJ
ftr-441	389	11	the	the	DET
ftr-441	389	12	initial	initial	ADJ
ftr-441	389	13	allocation	allocation	NOUN
ftr-441	389	14	under	under	ADP
ftr-441	389	15	scrutiny	scrutiny	NOUN
ftr-441	389	16	need	need	AUX
ftr-441	389	17	not	not	PART
ftr-441	389	18	be	be	AUX
ftr-441	389	19	taken	take	VERB
ftr-441	389	20	into	into	ADP
ftr-441	389	21	account	account	NOUN
ftr-441	389	22	in	in	ADP
ftr-441	389	23	determining	determine	VERB
ftr-441	389	24	whether	whether	SCONJ
ftr-441	389	25	substantiality	substantiality	NOUN
ftr-441	389	26	is	be	AUX
ftr-441	389	27	met	meet	VERB
ftr-441	389	28	.	.	PUNCT
ftr-441	390	1	the	the	DET
ftr-441	390	2	arbitrary	arbitrary	ADJ
ftr-441	390	3	five	five	NUM
ftr-441	390	4	-	-	PUNCT
ftr-441	390	5	year	year	NOUN
ftr-441	390	6	rule	rule	NOUN
ftr-441	390	7	applies	apply	VERB
ftr-441	390	8	even	even	ADV
ftr-441	390	9	though	though	SCONJ
ftr-441	390	10	the	the	DET
ftr-441	390	11	fact	fact	NOUN
ftr-441	390	12	of	of	ADP
ftr-441	390	13	the	the	DET
ftr-441	390	14	offsetting	offset	VERB
ftr-441	390	15	allocation	allocation	NOUN
ftr-441	390	16	is	be	AUX
ftr-441	390	17	reasonably	reasonably	ADV
ftr-441	390	18	fixed	fix	VERB
ftr-441	390	19	and	and	CCONJ
ftr-441	390	20	certain	certain	ADJ
ftr-441	390	21	at	at	ADP
ftr-441	390	22	the	the	DET
ftr-441	390	23	time	time	NOUN
ftr-441	390	24	of	of	ADP
ftr-441	390	25	the	the	DET
ftr-441	390	26	initial	initial	ADJ
ftr-441	390	27	allocation	allocation	NOUN
ftr-441	390	28	.	.	PUNCT
ftr-441	391	1	see	see	VERB
ftr-441	391	2	regs	reg	NOUN
ftr-441	391	3	.	.	PUNCT
ftr-441	392	1	§	§	PROPN
ftr-441	392	2	1.704	1.704	NUM
ftr-441	392	3	-	-	NUM
ftr-441	392	4	1(b)(5	1(b)(5	NUM
ftr-441	392	5	)	)	PUNCT
ftr-441	392	6	,	,	PUNCT
ftr-441	392	7	ex	ex	X
ftr-441	392	8	.	.	PUNCT
ftr-441	392	9	(	(	PUNCT
ftr-441	392	10	2	2	NUM
ftr-441	392	11	)	)	PUNCT
ftr-441	392	12	.	.	PUNCT
ftr-441	393	1	[	[	X
ftr-441	393	2	vol	vol	NOUN
ftr-441	393	3	.	.	PUNCT
ftr-441	393	4	4:3	4:3	NUM
ftr-441	393	5	the	the	DET
ftr-441	393	6	future	future	ADJ
ftr-441	393	7	taxation	taxation	NOUN
ftr-441	393	8	of	of	ADP
ftr-441	393	9	private	private	ADJ
ftr-441	393	10	business	business	NOUN
ftr-441	393	11	firms	firm	NOUN
ftr-441	393	12	disproportionately	disproportionately	ADV
ftr-441	393	13	allocates	allocate	VERB
ftr-441	393	14	the	the	DET
ftr-441	393	15	deductions	deduction	NOUN
ftr-441	393	16	to	to	ADP
ftr-441	393	17	one	one	NUM
ftr-441	393	18	partner	partner	NOUN
ftr-441	393	19	.	.	PUNCT
ftr-441	394	1	suppose	suppose	VERB
ftr-441	394	2	the	the	DET
ftr-441	394	3	same	same	ADJ
ftr-441	394	4	partner	partner	NOUN
ftr-441	394	5	is	be	AUX
ftr-441	394	6	allocated	allocate	VERB
ftr-441	394	7	any	any	DET
ftr-441	394	8	tax	tax	NOUN
ftr-441	394	9	gains	gain	NOUN
ftr-441	394	10	resulting	result	VERB
ftr-441	394	11	from	from	ADP
ftr-441	394	12	a	a	DET
ftr-441	394	13	disposition	disposition	NOUN
ftr-441	394	14	of	of	ADP
ftr-441	394	15	the	the	DET
ftr-441	394	16	building	building	NOUN
ftr-441	394	17	up	up	ADP
ftr-441	394	18	to	to	ADP
ftr-441	394	19	the	the	DET
ftr-441	394	20	amount	amount	NOUN
ftr-441	394	21	of	of	ADP
ftr-441	394	22	depreciation	depreciation	NOUN
ftr-441	394	23	allocated	allocate	VERB
ftr-441	394	24	to	to	ADP
ftr-441	394	25	such	such	ADJ
ftr-441	394	26	partner	partner	NOUN
ftr-441	394	27	.	.	PUNCT
ftr-441	395	1	under	under	ADP
ftr-441	395	2	the	the	DET
ftr-441	395	3	strongest	strong	ADJ
ftr-441	395	4	version	version	NOUN
ftr-441	395	5	of	of	ADP
ftr-441	395	6	the	the	DET
ftr-441	395	7	substantiality	substantiality	NOUN
ftr-441	395	8	test	test	NOUN
ftr-441	395	9	,	,	PUNCT
ftr-441	395	10	it	it	PRON
ftr-441	395	11	might	might	AUX
ftr-441	395	12	be	be	AUX
ftr-441	395	13	argued	argue	VERB
ftr-441	395	14	that	that	SCONJ
ftr-441	395	15	the	the	DET
ftr-441	395	16	partner	partner	NOUN
ftr-441	395	17	has	have	AUX
ftr-441	395	18	obtained	obtain	VERB
ftr-441	395	19	an	an	DET
ftr-441	395	20	after	after	ADP
ftr-441	395	21	-	-	PUNCT
ftr-441	395	22	tax	tax	NOUN
ftr-441	395	23	economic	economic	ADJ
ftr-441	395	24	benefit	benefit	NOUN
ftr-441	395	25	from	from	ADP
ftr-441	395	26	the	the	DET
ftr-441	395	27	allocation	allocation	NOUN
ftr-441	395	28	if	if	SCONJ
ftr-441	395	29	the	the	DET
ftr-441	395	30	building	building	NOUN
ftr-441	395	31	is	be	AUX
ftr-441	395	32	reasonably	reasonably	ADV
ftr-441	395	33	expected	expect	VERB
ftr-441	395	34	to	to	PART
ftr-441	395	35	hold	hold	VERB
ftr-441	395	36	its	its	PRON
ftr-441	395	37	value	value	NOUN
ftr-441	395	38	over	over	ADP
ftr-441	395	39	the	the	DET
ftr-441	395	40	period	period	NOUN
ftr-441	395	41	of	of	ADP
ftr-441	395	42	the	the	DET
ftr-441	395	43	allocations	allocation	NOUN
ftr-441	395	44	.	.	PUNCT
ftr-441	396	1	in	in	ADP
ftr-441	396	2	that	that	DET
ftr-441	396	3	case	case	NOUN
ftr-441	396	4	,	,	PUNCT
ftr-441	396	5	the	the	DET
ftr-441	396	6	partner	partner	NOUN
ftr-441	396	7	will	will	AUX
ftr-441	396	8	likely	likely	ADV
ftr-441	396	9	receive	receive	VERB
ftr-441	396	10	an	an	DET
ftr-441	396	11	economic	economic	ADJ
ftr-441	396	12	gain	gain	NOUN
ftr-441	396	13	to	to	PART
ftr-441	396	14	offset	offset	VERB
ftr-441	396	15	the	the	DET
ftr-441	396	16	initial	initial	ADJ
ftr-441	396	17	allocation	allocation	NOUN
ftr-441	396	18	of	of	ADP
ftr-441	396	19	economic	economic	ADJ
ftr-441	396	20	cost	cost	NOUN
ftr-441	396	21	,	,	PUNCT
ftr-441	396	22	and	and	CCONJ
ftr-441	396	23	will	will	AUX
ftr-441	396	24	obtain	obtain	VERB
ftr-441	396	25	the	the	DET
ftr-441	396	26	tax	tax	NOUN
ftr-441	396	27	advantage	advantage	NOUN
ftr-441	396	28	of	of	ADP
ftr-441	396	29	the	the	DET
ftr-441	396	30	early	early	ADJ
ftr-441	396	31	deductions.53	deductions.53	NOUN
ftr-441	396	32	but	but	CCONJ
ftr-441	396	33	such	such	DET
ftr-441	396	34	a	a	DET
ftr-441	396	35	rule	rule	NOUN
ftr-441	396	36	presumably	presumably	ADV
ftr-441	396	37	would	would	AUX
ftr-441	396	38	not	not	PART
ftr-441	396	39	be	be	AUX
ftr-441	396	40	administrable	administrable	ADJ
ftr-441	396	41	-	-	PUNCT
ftr-441	396	42	it	it	PRON
ftr-441	396	43	would	would	AUX
ftr-441	396	44	require	require	VERB
ftr-441	396	45	a	a	DET
ftr-441	396	46	case	case	NOUN
ftr-441	396	47	-	-	PUNCT
ftr-441	396	48	by	by	ADP
ftr-441	396	49	-	-	PUNCT
ftr-441	396	50	case	case	NOUN
ftr-441	396	51	analysis	analysis	NOUN
ftr-441	396	52	of	of	ADP
ftr-441	396	53	property	property	NOUN
ftr-441	396	54	values	value	NOUN
ftr-441	396	55	to	to	PART
ftr-441	396	56	know	know	VERB
ftr-441	396	57	whether	whether	SCONJ
ftr-441	396	58	a	a	DET
ftr-441	396	59	particular	particular	ADJ
ftr-441	396	60	allocation	allocation	NOUN
ftr-441	396	61	should	should	AUX
ftr-441	396	62	be	be	AUX
ftr-441	396	63	respected	respect	VERB
ftr-441	396	64	or	or	CCONJ
ftr-441	396	65	not	not	PART
ftr-441	396	66	.	.	PUNCT
ftr-441	397	1	hence	hence	ADV
ftr-441	397	2	,	,	PUNCT
ftr-441	397	3	the	the	DET
ftr-441	397	4	current	current	ADJ
ftr-441	397	5	regulations	regulation	NOUN
ftr-441	397	6	indulge	indulge	VERB
ftr-441	397	7	in	in	ADP
ftr-441	397	8	an	an	DET
ftr-441	397	9	assumption	assumption	NOUN
ftr-441	397	10	-	-	PUNCT
ftr-441	397	11	surely	surely	ADV
ftr-441	397	12	false	false	ADJ
ftr-441	397	13	in	in	ADP
ftr-441	397	14	many	many	ADJ
ftr-441	397	15	cases	case	NOUN
ftr-441	397	16	-	-	PUNCT
ftr-441	397	17	that	that	SCONJ
ftr-441	397	18	the	the	DET
ftr-441	397	19	value	value	NOUN
ftr-441	397	20	of	of	ADP
ftr-441	397	21	the	the	DET
ftr-441	397	22	building	building	NOUN
ftr-441	397	23	declines	decline	VERB
ftr-441	397	24	each	each	DET
ftr-441	397	25	year	year	NOUN
ftr-441	397	26	by	by	ADP
ftr-441	397	27	the	the	DET
ftr-441	397	28	amount	amount	NOUN
ftr-441	397	29	of	of	ADP
ftr-441	397	30	its	its	PRON
ftr-441	397	31	book	book	NOUN
ftr-441	397	32	depreciation	depreciation	NOUN
ftr-441	397	33	(	(	PUNCT
ftr-441	397	34	the	the	DET
ftr-441	397	35	"	"	PUNCT
ftr-441	397	36	value	value	NOUN
ftr-441	397	37	-	-	PUNCT
ftr-441	397	38	equals	equal	NOUN
ftr-441	397	39	-	-	PUNCT
ftr-441	397	40	basis	basis	NOUN
ftr-441	397	41	"	"	PUNCT
ftr-441	397	42	rule	rule	NOUN
ftr-441	397	43	)	)	PUNCT
ftr-441	397	44	.	.	PUNCT
ftr-441	398	1	therefore	therefore	ADV
ftr-441	398	2	,	,	PUNCT
ftr-441	398	3	the	the	DET
ftr-441	398	4	partner	partner	NOUN
ftr-441	398	5	in	in	ADP
ftr-441	398	6	the	the	DET
ftr-441	398	7	example	example	NOUN
ftr-441	398	8	is	be	AUX
ftr-441	398	9	deemed	deem	VERB
ftr-441	398	10	to	to	PART
ftr-441	398	11	have	have	AUX
ftr-441	398	12	suffered	suffer	VERB
ftr-441	398	13	an	an	DET
ftr-441	398	14	economic	economic	ADJ
ftr-441	398	15	detriment	detriment	NOUN
ftr-441	398	16	greater	great	ADJ
ftr-441	398	17	than	than	ADP
ftr-441	398	18	any	any	DET
ftr-441	398	19	tax	tax	NOUN
ftr-441	398	20	savings	saving	NOUN
ftr-441	398	21	as	as	ADP
ftr-441	398	22	a	a	DET
ftr-441	398	23	result	result	NOUN
ftr-441	398	24	of	of	ADP
ftr-441	398	25	the	the	DET
ftr-441	398	26	allocations	allocation	NOUN
ftr-441	398	27	,	,	PUNCT
ftr-441	398	28	and	and	CCONJ
ftr-441	398	29	the	the	DET
ftr-441	398	30	substantiality	substantiality	NOUN
ftr-441	398	31	test	test	NOUN
ftr-441	398	32	is	be	AUX
ftr-441	398	33	thus	thus	ADV
ftr-441	398	34	satisfied	satisfied	ADJ
ftr-441	398	35	.	.	PUNCT
ftr-441	398	36	'	'	PUNCT
ftr-441	399	1	although	although	SCONJ
ftr-441	399	2	the	the	DET
ftr-441	399	3	regulatory	regulatory	ADJ
ftr-441	399	4	assumption	assumption	NOUN
ftr-441	399	5	may	may	AUX
ftr-441	399	6	be	be	AUX
ftr-441	399	7	the	the	DET
ftr-441	399	8	only	only	ADJ
ftr-441	399	9	feasible	feasible	ADJ
ftr-441	399	10	rule	rule	NOUN
ftr-441	399	11	to	to	PART
ftr-441	399	12	use	use	VERB
ftr-441	399	13	,	,	PUNCT
ftr-441	399	14	it	it	PRON
ftr-441	399	15	certainly	certainly	ADV
ftr-441	399	16	highlights	highlight	VERB
ftr-441	399	17	the	the	DET
ftr-441	399	18	artificiality	artificiality	NOUN
ftr-441	399	19	and	and	CCONJ
ftr-441	399	20	ineffectiveness	ineffectiveness	NOUN
ftr-441	399	21	of	of	ADP
ftr-441	399	22	the	the	DET
ftr-441	399	23	substantiality	substantiality	NOUN
ftr-441	399	24	requirement	requirement	NOUN
ftr-441	399	25	in	in	ADP
ftr-441	399	26	this	this	DET
ftr-441	399	27	common	common	ADJ
ftr-441	399	28	circumstance	circumstance	NOUN
ftr-441	399	29	.	.	PUNCT
ftr-441	400	1	aside	aside	ADV
ftr-441	400	2	from	from	ADP
ftr-441	400	3	these	these	DET
ftr-441	400	4	practical	practical	ADJ
ftr-441	400	5	dilemmas	dilemma	NOUN
ftr-441	400	6	,	,	PUNCT
ftr-441	400	7	there	there	PRON
ftr-441	400	8	is	be	VERB
ftr-441	400	9	a	a	DET
ftr-441	400	10	more	more	ADV
ftr-441	400	11	fundamental	fundamental	ADJ
ftr-441	400	12	concern	concern	NOUN
ftr-441	400	13	with	with	ADP
ftr-441	400	14	the	the	DET
ftr-441	400	15	substantiality	substantiality	NOUN
ftr-441	400	16	test	test	NOUN
ftr-441	400	17	.	.	PUNCT
ftr-441	401	1	as	as	SCONJ
ftr-441	401	2	noted	note	VERB
ftr-441	401	3	,	,	PUNCT
ftr-441	401	4	the	the	DET
ftr-441	401	5	strongest	strong	ADJ
ftr-441	401	6	version	version	NOUN
ftr-441	401	7	of	of	ADP
ftr-441	401	8	the	the	DET
ftr-441	401	9	test	test	NOUN
ftr-441	401	10	(	(	PUNCT
ftr-441	401	11	as	as	ADV
ftr-441	401	12	well	well	ADV
ftr-441	401	13	as	as	ADP
ftr-441	401	14	both	both	PRON
ftr-441	401	15	of	of	ADP
ftr-441	401	16	the	the	DET
ftr-441	401	17	weaker	weak	ADJ
ftr-441	401	18	versions	version	NOUN
ftr-441	401	19	)	)	PUNCT
ftr-441	401	20	requires	require	VERB
ftr-441	401	21	a	a	DET
ftr-441	401	22	comparison	comparison	NOUN
ftr-441	401	23	:	:	PUNCT
ftr-441	401	24	are	be	AUX
ftr-441	401	25	the	the	DET
ftr-441	401	26	aftertax	aftertax	ADJ
ftr-441	401	27	consequences	consequence	NOUN
ftr-441	401	28	of	of	ADP
ftr-441	401	29	the	the	DET
ftr-441	401	30	partners	partner	NOUN
ftr-441	401	31	from	from	ADP
ftr-441	401	32	the	the	DET
ftr-441	401	33	allocation	allocation	NOUN
ftr-441	401	34	better	well	ADV
ftr-441	401	35	or	or	CCONJ
ftr-441	401	36	worse	bad	ADJ
ftr-441	401	37	than	than	ADP
ftr-441	401	38	from	from	ADP
ftr-441	401	39	some	some	DET
ftr-441	401	40	other	other	ADJ
ftr-441	401	41	?	?	PUNCT
ftr-441	402	1	but	but	CCONJ
ftr-441	402	2	which	which	PRON
ftr-441	402	3	other	other	ADJ
ftr-441	402	4	?	?	PUNCT
ftr-441	403	1	surely	surely	ADV
ftr-441	403	2	,	,	PUNCT
ftr-441	403	3	it	it	PRON
ftr-441	403	4	can	can	AUX
ftr-441	403	5	not	not	PART
ftr-441	403	6	be	be	AUX
ftr-441	403	7	any	any	DET
ftr-441	403	8	other	other	ADJ
ftr-441	403	9	allocation	allocation	NOUN
ftr-441	403	10	,	,	PUNCT
ftr-441	403	11	for	for	SCONJ
ftr-441	403	12	it	it	PRON
ftr-441	403	13	must	must	AUX
ftr-441	403	14	always	always	ADV
ftr-441	403	15	be	be	AUX
ftr-441	403	16	possible	possible	ADJ
ftr-441	403	17	to	to	PART
ftr-441	403	18	hypothesize	hypothesize	VERB
ftr-441	403	19	an	an	DET
ftr-441	403	20	allocation	allocation	NOUN
ftr-441	403	21	which	which	PRON
ftr-441	403	22	is	be	AUX
ftr-441	403	23	economically	economically	ADV
ftr-441	403	24	no	no	ADV
ftr-441	403	25	different	different	ADJ
ftr-441	403	26	from	from	ADP
ftr-441	403	27	the	the	DET
ftr-441	403	28	one	one	NOUN
ftr-441	403	29	under	under	ADP
ftr-441	403	30	scrutiny	scrutiny	NOUN
ftr-441	403	31	,	,	PUNCT
ftr-441	403	32	yet	yet	ADV
ftr-441	403	33	is	be	AUX
ftr-441	403	34	not	not	PART
ftr-441	403	35	as	as	ADV
ftr-441	403	36	favorable	favorable	ADJ
ftr-441	403	37	from	from	ADP
ftr-441	403	38	a	a	DET
ftr-441	403	39	tax	tax	NOUN
ftr-441	403	40	standpoint	standpoint	NOUN
ftr-441	403	41	.	.	PUNCT
ftr-441	404	1	in	in	ADP
ftr-441	404	2	other	other	ADJ
ftr-441	404	3	words	word	NOUN
ftr-441	404	4	,	,	PUNCT
ftr-441	404	5	presumably	presumably	ADV
ftr-441	404	6	the	the	DET
ftr-441	404	7	objective	objective	NOUN
ftr-441	404	8	of	of	ADP
ftr-441	404	9	the	the	DET
ftr-441	404	10	law	law	NOUN
ftr-441	404	11	is	be	AUX
ftr-441	404	12	not	not	PART
ftr-441	404	13	to	to	PART
ftr-441	404	14	force	force	VERB
ftr-441	404	15	tax	tax	NOUN
ftr-441	404	16	maximization	maximization	NOUN
ftr-441	404	17	upon	upon	SCONJ
ftr-441	404	18	the	the	DET
ftr-441	404	19	partners	partner	NOUN
ftr-441	404	20	,	,	PUNCT
ftr-441	404	21	i.e.	i.e.	X
ftr-441	404	22	,	,	PUNCT
ftr-441	404	23	the	the	DET
ftr-441	404	24	least	least	ADJ
ftr-441	404	25	"	"	PUNCT
ftr-441	404	26	efficient	efficient	ADJ
ftr-441	404	27	"	"	PUNCT
ftr-441	404	28	outcome	outcome	NOUN
ftr-441	404	29	from	from	ADP
ftr-441	404	30	a	a	DET
ftr-441	404	31	tax	tax	NOUN
ftr-441	404	32	standpoint	standpoint	NOUN
ftr-441	404	33	.	.	PUNCT
ftr-441	405	1	rather	rather	ADV
ftr-441	405	2	,	,	PUNCT
ftr-441	405	3	the	the	DET
ftr-441	405	4	concept	concept	NOUN
ftr-441	405	5	would	would	AUX
ftr-441	405	6	seem	seem	VERB
ftr-441	405	7	to	to	PART
ftr-441	405	8	require	require	VERB
ftr-441	405	9	identification	identification	NOUN
ftr-441	405	10	of	of	ADP
ftr-441	405	11	some	some	DET
ftr-441	405	12	normative	normative	ADJ
ftr-441	405	13	method	method	NOUN
ftr-441	405	14	of	of	ADP
ftr-441	405	15	allocating	allocate	VERB
ftr-441	405	16	the	the	DET
ftr-441	405	17	particular	particular	ADJ
ftr-441	405	18	item	item	NOUN
ftr-441	405	19	in	in	ADP
ftr-441	405	20	question	question	NOUN
ftr-441	405	21	,	,	PUNCT
ftr-441	405	22	and	and	CCONJ
ftr-441	405	23	a	a	DET
ftr-441	405	24	comparison	comparison	NOUN
ftr-441	405	25	with	with	ADP
ftr-441	405	26	the	the	DET
ftr-441	405	27	tax	tax	NOUN
ftr-441	405	28	consequences	consequence	NOUN
ftr-441	405	29	of	of	ADP
ftr-441	405	30	that	that	DET
ftr-441	405	31	normative	normative	ADJ
ftr-441	405	32	method	method	NOUN
ftr-441	405	33	.	.	PUNCT
ftr-441	406	1	yet	yet	ADV
ftr-441	406	2	in	in	ADP
ftr-441	406	3	many	many	ADJ
ftr-441	406	4	cases	case	NOUN
ftr-441	406	5	,	,	PUNCT
ftr-441	406	6	the	the	DET
ftr-441	406	7	proper	proper	ADJ
ftr-441	406	8	normative	normative	ADJ
ftr-441	406	9	method	method	NOUN
ftr-441	406	10	of	of	ADP
ftr-441	406	11	allocating	allocate	VERB
ftr-441	406	12	an	an	DET
ftr-441	406	13	53	53	NUM
ftr-441	406	14	.	.	PUNCT
ftr-441	407	1	one	one	PRON
ftr-441	407	2	assumes	assume	VERB
ftr-441	407	3	that	that	SCONJ
ftr-441	407	4	normal	normal	ADJ
ftr-441	407	5	arm	arm	NOUN
ftr-441	407	6	's	's	PART
ftr-441	407	7	length	length	NOUN
ftr-441	407	8	bargaining	bargaining	NOUN
ftr-441	407	9	will	will	AUX
ftr-441	407	10	protect	protect	VERB
ftr-441	407	11	the	the	DET
ftr-441	407	12	other	other	ADJ
ftr-441	407	13	partners	partner	NOUN
ftr-441	407	14	from	from	ADP
ftr-441	407	15	suffering	suffer	VERB
ftr-441	407	16	a	a	DET
ftr-441	407	17	net	net	ADJ
ftr-441	407	18	after	after	ADP
ftr-441	407	19	-	-	PUNCT
ftr-441	407	20	tax	tax	NOUN
ftr-441	407	21	detriment	detriment	NOUN
ftr-441	407	22	from	from	ADP
ftr-441	407	23	the	the	DET
ftr-441	407	24	special	special	ADJ
ftr-441	407	25	allocation	allocation	NOUN
ftr-441	407	26	.	.	PUNCT
ftr-441	408	1	so	so	ADV
ftr-441	408	2	long	long	ADV
ftr-441	408	3	as	as	SCONJ
ftr-441	408	4	the	the	DET
ftr-441	408	5	tax	tax	NOUN
ftr-441	408	6	disadvantage	disadvantage	NOUN
ftr-441	408	7	to	to	ADP
ftr-441	408	8	those	those	DET
ftr-441	408	9	partners	partner	NOUN
ftr-441	408	10	due	due	ADP
ftr-441	408	11	to	to	ADP
ftr-441	408	12	their	their	PRON
ftr-441	408	13	loss	loss	NOUN
ftr-441	408	14	of	of	ADP
ftr-441	408	15	the	the	DET
ftr-441	408	16	early	early	ADJ
ftr-441	408	17	deductions	deduction	NOUN
ftr-441	408	18	is	be	AUX
ftr-441	408	19	less	less	ADJ
ftr-441	408	20	than	than	ADP
ftr-441	408	21	the	the	DET
ftr-441	408	22	tax	tax	NOUN
ftr-441	408	23	benefit	benefit	NOUN
ftr-441	408	24	to	to	ADP
ftr-441	408	25	the	the	DET
ftr-441	408	26	partner	partner	NOUN
ftr-441	408	27	who	who	PRON
ftr-441	408	28	is	be	AUX
ftr-441	408	29	allocated	allocate	VERB
ftr-441	408	30	a	a	DET
ftr-441	408	31	disproportionately	disproportionately	ADV
ftr-441	408	32	large	large	ADJ
ftr-441	408	33	share	share	NOUN
ftr-441	408	34	of	of	ADP
ftr-441	408	35	those	those	DET
ftr-441	408	36	deductions	deduction	NOUN
ftr-441	408	37	,	,	PUNCT
ftr-441	408	38	the	the	DET
ftr-441	408	39	parties	party	NOUN
ftr-441	408	40	can	can	AUX
ftr-441	408	41	split	split	VERB
ftr-441	408	42	the	the	DET
ftr-441	408	43	net	net	ADJ
ftr-441	408	44	tax	tax	NOUN
ftr-441	408	45	savings	saving	NOUN
ftr-441	408	46	with	with	ADP
ftr-441	408	47	the	the	DET
ftr-441	408	48	only	only	ADJ
ftr-441	408	49	loser	loser	NOUN
ftr-441	408	50	being	be	AUX
ftr-441	408	51	the	the	DET
ftr-441	408	52	treasury	treasury	NOUN
ftr-441	408	53	and	and	CCONJ
ftr-441	408	54	taxpayers	taxpayer	NOUN
ftr-441	408	55	generally	generally	ADV
ftr-441	408	56	.	.	PUNCT
ftr-441	409	1	54	54	NUM
ftr-441	409	2	.	.	PUNCT
ftr-441	410	1	see	see	VERB
ftr-441	410	2	regs	reg	NOUN
ftr-441	410	3	.	.	PUNCT
ftr-441	411	1	§	§	PROPN
ftr-441	411	2	§	§	PROPN
ftr-441	411	3	1.704	1.704	NUM
ftr-441	411	4	-	-	NUM
ftr-441	411	5	1(b)(2)(iii)(c	1(b)(2)(iii)(c	NUM
ftr-441	411	6	)	)	PUNCT
ftr-441	411	7	(	(	PUNCT
ftr-441	411	8	flush	flush	ADJ
ftr-441	411	9	language	language	NOUN
ftr-441	411	10	)	)	PUNCT
ftr-441	411	11	,	,	PUNCT
ftr-441	411	12	-l(b)(5	-l(b)(5	PROPN
ftr-441	411	13	)	)	PUNCT
ftr-441	411	14	,	,	PUNCT
ftr-441	411	15	ex	ex	X
ftr-441	411	16	.	.	PUNCT
ftr-441	411	17	(	(	PUNCT
ftr-441	411	18	1)(xi	1)(xi	NUM
ftr-441	411	19	)	)	PUNCT
ftr-441	411	20	.	.	PUNCT
ftr-441	412	1	the	the	DET
ftr-441	412	2	assumed	assume	VERB
ftr-441	412	3	decline	decline	NOUN
ftr-441	412	4	in	in	ADP
ftr-441	412	5	value	value	NOUN
ftr-441	412	6	of	of	ADP
ftr-441	412	7	the	the	DET
ftr-441	412	8	building	building	NOUN
ftr-441	412	9	means	mean	VERB
ftr-441	412	10	that	that	SCONJ
ftr-441	412	11	there	there	PRON
ftr-441	412	12	will	will	AUX
ftr-441	412	13	be	be	AUX
ftr-441	412	14	no	no	DET
ftr-441	412	15	offsetting	offset	VERB
ftr-441	412	16	gain	gain	NOUN
ftr-441	412	17	belonging	belong	VERB
ftr-441	412	18	to	to	ADP
ftr-441	412	19	the	the	DET
ftr-441	412	20	partner	partner	NOUN
ftr-441	412	21	upon	upon	SCONJ
ftr-441	412	22	disposition	disposition	NOUN
ftr-441	412	23	of	of	ADP
ftr-441	412	24	the	the	DET
ftr-441	412	25	property	property	NOUN
ftr-441	412	26	.	.	PUNCT
ftr-441	413	1	1999	1999	NUM
ftr-441	413	2	]	]	PUNCT
ftr-441	413	3	florida	florida	PROPN
ftr-441	413	4	tax	tax	PROPN
ftr-441	413	5	review	review	NOUN
ftr-441	413	6	item	item	NOUN
ftr-441	413	7	-	-	PUNCT
ftr-441	413	8	presumably	presumably	ADV
ftr-441	413	9	the	the	DET
ftr-441	413	10	economic	economic	ADJ
ftr-441	413	11	allocation	allocation	NOUN
ftr-441	413	12	-	-	PUNCT
ftr-441	413	13	may	may	AUX
ftr-441	413	14	not	not	PART
ftr-441	413	15	be	be	AUX
ftr-441	413	16	known	know	VERB
ftr-441	413	17	or	or	CCONJ
ftr-441	413	18	knowable.5	knowable.5	PROPN
ftr-441	413	19	in	in	ADP
ftr-441	413	20	summary	summary	NOUN
ftr-441	413	21	,	,	PUNCT
ftr-441	413	22	substantiality	substantiality	NOUN
ftr-441	413	23	seems	seem	VERB
ftr-441	413	24	like	like	ADP
ftr-441	413	25	a	a	DET
ftr-441	413	26	promising	promising	ADJ
ftr-441	413	27	test	test	NOUN
ftr-441	413	28	for	for	ADP
ftr-441	413	29	preventing	prevent	VERB
ftr-441	413	30	tax	tax	NOUN
ftr-441	413	31	avoidance	avoidance	NOUN
ftr-441	413	32	but	but	CCONJ
ftr-441	413	33	it	it	PRON
ftr-441	413	34	can	can	AUX
ftr-441	413	35	not	not	PART
ftr-441	413	36	work	work	VERB
ftr-441	413	37	for	for	ADP
ftr-441	413	38	much	much	ADJ
ftr-441	413	39	the	the	DET
ftr-441	413	40	same	same	ADJ
ftr-441	413	41	reason	reason	NOUN
ftr-441	413	42	economic	economic	ADJ
ftr-441	413	43	effect	effect	NOUN
ftr-441	413	44	does	do	AUX
ftr-441	413	45	not	not	PART
ftr-441	413	46	work	work	VERB
ftr-441	413	47	.	.	PUNCT
ftr-441	414	1	both	both	DET
ftr-441	414	2	tests	test	NOUN
ftr-441	414	3	require	require	VERB
ftr-441	414	4	knowledge	knowledge	NOUN
ftr-441	414	5	of	of	ADP
ftr-441	414	6	the	the	DET
ftr-441	414	7	owners	owner	NOUN
ftr-441	414	8	'	'	PART
ftr-441	414	9	economic	economic	ADJ
ftr-441	414	10	shares	share	NOUN
ftr-441	414	11	of	of	ADP
ftr-441	414	12	the	the	DET
ftr-441	414	13	various	various	ADJ
ftr-441	414	14	burdens	burden	NOUN
ftr-441	414	15	and	and	CCONJ
ftr-441	414	16	benefits	benefit	NOUN
ftr-441	414	17	of	of	ADP
ftr-441	414	18	the	the	DET
ftr-441	414	19	entity	entity	NOUN
ftr-441	414	20	.	.	PUNCT
ftr-441	415	1	but	but	CCONJ
ftr-441	415	2	where	where	SCONJ
ftr-441	415	3	those	those	DET
ftr-441	415	4	burdens	burden	NOUN
ftr-441	415	5	and	and	CCONJ
ftr-441	415	6	benefits	benefit	NOUN
ftr-441	415	7	are	be	AUX
ftr-441	415	8	retained	retain	VERB
ftr-441	415	9	by	by	ADP
ftr-441	415	10	the	the	DET
ftr-441	415	11	entity	entity	NOUN
ftr-441	415	12	and	and	CCONJ
ftr-441	415	13	not	not	PART
ftr-441	415	14	distributed	distribute	VERB
ftr-441	415	15	to	to	ADP
ftr-441	415	16	or	or	CCONJ
ftr-441	415	17	assumed	assume	VERB
ftr-441	415	18	by	by	ADP
ftr-441	415	19	the	the	DET
ftr-441	415	20	owners	owner	NOUN
ftr-441	415	21	directly	directly	ADV
ftr-441	415	22	,	,	PUNCT
ftr-441	415	23	there	there	PRON
ftr-441	415	24	may	may	AUX
ftr-441	415	25	be	be	AUX
ftr-441	415	26	no	no	DET
ftr-441	415	27	feasible	feasible	ADJ
ftr-441	415	28	method	method	NOUN
ftr-441	415	29	of	of	ADP
ftr-441	415	30	ascertaining	ascertain	VERB
ftr-441	415	31	what	what	PRON
ftr-441	415	32	the	the	DET
ftr-441	415	33	economic	economic	ADJ
ftr-441	415	34	shares	share	NOUN
ftr-441	415	35	are	be	AUX
ftr-441	415	36	.	.	PUNCT
ftr-441	416	1	3	3	X
ftr-441	416	2	.	.	X
ftr-441	416	3	subjective	subjective	ADJ
ftr-441	416	4	purpose.-in	purpose.-in	ADJ
ftr-441	416	5	part	part	NOUN
ftr-441	416	6	in	in	ADP
ftr-441	416	7	recognition	recognition	NOUN
ftr-441	416	8	of	of	ADP
ftr-441	416	9	the	the	DET
ftr-441	416	10	inadequacy	inadequacy	NOUN
ftr-441	416	11	of	of	ADP
ftr-441	416	12	both	both	CCONJ
ftr-441	416	13	the	the	DET
ftr-441	416	14	economic	economic	ADJ
ftr-441	416	15	effect	effect	NOUN
ftr-441	416	16	and	and	CCONJ
ftr-441	416	17	substantiality	substantiality	NOUN
ftr-441	416	18	tests	test	NOUN
ftr-441	416	19	,	,	PUNCT
ftr-441	416	20	the	the	DET
ftr-441	416	21	treasury	treasury	NOUN
ftr-441	416	22	recently	recently	ADV
ftr-441	416	23	promulgated	promulgate	VERB
ftr-441	416	24	a	a	DET
ftr-441	416	25	general	general	ADJ
ftr-441	416	26	"	"	PUNCT
ftr-441	416	27	anti	anti	ADJ
ftr-441	416	28	-	-	ADJ
ftr-441	416	29	abuse	abuse	ADJ
ftr-441	416	30	"	"	PUNCT
ftr-441	416	31	regulation	regulation	NOUN
ftr-441	416	32	in	in	ADP
ftr-441	416	33	the	the	DET
ftr-441	416	34	partnership	partnership	NOUN
ftr-441	416	35	area	area	NOUN
ftr-441	416	36	.	.	PUNCT
ftr-441	417	1	the	the	DET
ftr-441	417	2	regulation	regulation	NOUN
ftr-441	417	3	expressly	expressly	ADV
ftr-441	417	4	grants	grant	VERB
ftr-441	417	5	the	the	DET
ftr-441	417	6	commissioner	commissioner	NOUN
ftr-441	417	7	authority	authority	NOUN
ftr-441	417	8	to	to	PART
ftr-441	417	9	recast	recast	VERB
ftr-441	417	10	a	a	DET
ftr-441	417	11	partnership	partnership	NOUN
ftr-441	417	12	transaction	transaction	NOUN
ftr-441	417	13	if	if	SCONJ
ftr-441	417	14	a	a	DET
ftr-441	417	15	principal	principal	ADJ
ftr-441	417	16	purpose	purpose	NOUN
ftr-441	417	17	of	of	ADP
ftr-441	417	18	the	the	DET
ftr-441	417	19	transaction	transaction	NOUN
ftr-441	417	20	is	be	AUX
ftr-441	417	21	to	to	PART
ftr-441	417	22	reduce	reduce	VERB
ftr-441	417	23	substantially	substantially	ADV
ftr-441	417	24	the	the	DET
ftr-441	417	25	present	present	ADJ
ftr-441	417	26	value	value	NOUN
ftr-441	417	27	of	of	ADP
ftr-441	417	28	the	the	DET
ftr-441	417	29	partners	partner	NOUN
ftr-441	417	30	'	'	PART
ftr-441	417	31	aggregate	aggregate	ADJ
ftr-441	417	32	federal	federal	ADJ
ftr-441	417	33	income	income	NOUN
ftr-441	417	34	tax	tax	NOUN
ftr-441	417	35	liability	liability	NOUN
ftr-441	417	36	in	in	ADP
ftr-441	417	37	a	a	DET
ftr-441	417	38	manner	manner	NOUN
ftr-441	417	39	that	that	PRON
ftr-441	417	40	is	be	AUX
ftr-441	417	41	inconsistent	inconsistent	ADJ
ftr-441	417	42	with	with	ADP
ftr-441	417	43	the	the	DET
ftr-441	417	44	intent	intent	NOUN
ftr-441	417	45	of	of	ADP
ftr-441	417	46	subchapter	subchapter	NOUN
ftr-441	417	47	k.56	k.56	NOUN
ftr-441	417	48	the	the	DET
ftr-441	417	49	recharacterization	recharacterization	NOUN
ftr-441	417	50	may	may	AUX
ftr-441	417	51	take	take	VERB
ftr-441	417	52	place	place	NOUN
ftr-441	417	53	"	"	PUNCT
ftr-441	417	54	even	even	ADV
ftr-441	417	55	though	though	SCONJ
ftr-441	417	56	the	the	DET
ftr-441	417	57	transaction	transaction	NOUN
ftr-441	417	58	may	may	AUX
ftr-441	417	59	fall	fall	VERB
ftr-441	417	60	within	within	ADP
ftr-441	417	61	the	the	DET
ftr-441	417	62	literal	literal	ADJ
ftr-441	417	63	words	word	NOUN
ftr-441	417	64	of	of	ADP
ftr-441	417	65	a	a	DET
ftr-441	417	66	particular	particular	ADJ
ftr-441	417	67	statutory	statutory	ADJ
ftr-441	417	68	or	or	CCONJ
ftr-441	417	69	regulatory	regulatory	ADJ
ftr-441	417	70	provision	provision	NOUN
ftr-441	417	71	.	.	PUNCT
ftr-441	418	1	"57	"57	PUNCT
ftr-441	419	1	thus	thus	ADV
ftr-441	419	2	,	,	PUNCT
ftr-441	419	3	even	even	ADV
ftr-441	419	4	if	if	SCONJ
ftr-441	419	5	an	an	DET
ftr-441	419	6	allocation	allocation	NOUN
ftr-441	419	7	complies	comply	VERB
ftr-441	419	8	with	with	ADP
ftr-441	419	9	the	the	DET
ftr-441	419	10	complex	complex	ADJ
ftr-441	419	11	and	and	CCONJ
ftr-441	419	12	extensive	extensive	ADJ
ftr-441	419	13	regulatory	regulatory	ADJ
ftr-441	419	14	requirements	requirement	NOUN
ftr-441	419	15	for	for	ADP
ftr-441	419	16	special	special	ADJ
ftr-441	419	17	allocations	allocation	NOUN
ftr-441	419	18	and	and	CCONJ
ftr-441	419	19	passes	pass	VERB
ftr-441	419	20	both	both	CCONJ
ftr-441	419	21	the	the	DET
ftr-441	419	22	economic	economic	ADJ
ftr-441	419	23	effect	effect	NOUN
ftr-441	419	24	and	and	CCONJ
ftr-441	419	25	substantiality	substantiality	NOUN
ftr-441	419	26	tests	test	NOUN
ftr-441	419	27	,	,	PUNCT
ftr-441	419	28	it	it	PRON
ftr-441	419	29	might	might	AUX
ftr-441	419	30	still	still	ADV
ftr-441	419	31	be	be	AUX
ftr-441	419	32	invalidated	invalidate	VERB
ftr-441	419	33	under	under	ADP
ftr-441	419	34	authority	authority	NOUN
ftr-441	419	35	of	of	ADP
ftr-441	419	36	the	the	DET
ftr-441	419	37	new	new	ADJ
ftr-441	419	38	treasury	treasury	NOUN
ftr-441	419	39	rule.5	rule.5	NOUN
ftr-441	419	40	"	"	PUNCT
ftr-441	419	41	despite	despite	SCONJ
ftr-441	419	42	the	the	DET
ftr-441	419	43	formidable	formidable	ADJ
ftr-441	419	44	tone	tone	NOUN
ftr-441	419	45	of	of	ADP
ftr-441	419	46	this	this	DET
ftr-441	419	47	new	new	ADJ
ftr-441	419	48	regulation	regulation	NOUN
ftr-441	419	49	,	,	PUNCT
ftr-441	419	50	it	it	PRON
ftr-441	419	51	likely	likely	ADV
ftr-441	419	52	will	will	AUX
ftr-441	419	53	not	not	PART
ftr-441	419	54	prove	prove	VERB
ftr-441	419	55	to	to	PART
ftr-441	419	56	be	be	AUX
ftr-441	419	57	an	an	DET
ftr-441	419	58	effective	effective	ADJ
ftr-441	419	59	tool	tool	NOUN
ftr-441	419	60	in	in	ADP
ftr-441	419	61	preventing	prevent	VERB
ftr-441	419	62	the	the	DET
ftr-441	419	63	tax	tax	NOUN
ftr-441	419	64	advantages	advantage	NOUN
ftr-441	419	65	available	available	ADJ
ftr-441	419	66	from	from	ADP
ftr-441	419	67	special	special	ADJ
ftr-441	419	68	allocations	allocation	NOUN
ftr-441	419	69	.	.	PUNCT
ftr-441	420	1	for	for	ADP
ftr-441	420	2	one	one	NUM
ftr-441	420	3	thing	thing	NOUN
ftr-441	420	4	,	,	PUNCT
ftr-441	420	5	as	as	SCONJ
ftr-441	420	6	ultimately	ultimately	ADV
ftr-441	420	7	promulgated	promulgate	VERB
ftr-441	420	8	,	,	PUNCT
ftr-441	420	9	the	the	DET
ftr-441	420	10	regulation	regulation	NOUN
ftr-441	420	11	takes	take	VERB
ftr-441	420	12	a	a	DET
ftr-441	420	13	liberal	liberal	ADJ
ftr-441	420	14	,	,	PUNCT
ftr-441	420	15	"	"	PUNCT
ftr-441	420	16	hands	hand	NOUN
ftr-441	420	17	-	-	PUNCT
ftr-441	420	18	off	off	NOUN
ftr-441	420	19	'	'	PART
ftr-441	420	20	attitude	attitude	NOUN
ftr-441	420	21	towards	towards	ADP
ftr-441	420	22	special	special	ADJ
ftr-441	420	23	allocations	allocation	NOUN
ftr-441	420	24	.	.	PUNCT
ftr-441	421	1	for	for	ADP
ftr-441	421	2	example	example	NOUN
ftr-441	421	3	,	,	PUNCT
ftr-441	421	4	it	it	PRON
ftr-441	421	5	explicitly	explicitly	ADV
ftr-441	421	6	blesses	bless	VERB
ftr-441	421	7	rules	rule	NOUN
ftr-441	421	8	adopted	adopt	VERB
ftr-441	421	9	for	for	ADP
ftr-441	421	10	"	"	PUNCT
ftr-441	421	11	administrative	administrative	ADJ
ftr-441	421	12	convenience	convenience	NOUN
ftr-441	421	13	,	,	PUNCT
ftr-441	421	14	"	"	PUNCT
ftr-441	421	15	such	such	ADJ
ftr-441	421	16	as	as	ADP
ftr-441	421	17	55	55	NUM
ftr-441	421	18	.	.	PUNCT
ftr-441	422	1	see	see	VERB
ftr-441	422	2	gunn	gunn	PROPN
ftr-441	422	3	,	,	PUNCT
ftr-441	422	4	supra	supra	PROPN
ftr-441	422	5	note	note	NOUN
ftr-441	422	6	44	44	NUM
ftr-441	422	7	,	,	PUNCT
ftr-441	422	8	at	at	ADP
ftr-441	422	9	53	53	NUM
ftr-441	422	10	-	-	SYM
ftr-441	422	11	54	54	NUM
ftr-441	422	12	;	;	PUNCT
ftr-441	422	13	close	close	ADJ
ftr-441	422	14	&	&	CCONJ
ftr-441	422	15	kusnetz	kusnetz	PROPN
ftr-441	422	16	,	,	PUNCT
ftr-441	422	17	supra	supra	PROPN
ftr-441	422	18	note	note	NOUN
ftr-441	422	19	44	44	NUM
ftr-441	422	20	,	,	PUNCT
ftr-441	422	21	at	at	ADP
ftr-441	422	22	321	321	NUM
ftr-441	422	23	.	.	PUNCT
ftr-441	423	1	the	the	DET
ftr-441	423	2	regulations	regulation	NOUN
ftr-441	423	3	require	require	VERB
ftr-441	423	4	comparison	comparison	NOUN
ftr-441	423	5	with	with	ADP
ftr-441	423	6	a	a	DET
ftr-441	423	7	hypothetical	hypothetical	ADJ
ftr-441	423	8	situation	situation	NOUN
ftr-441	423	9	in	in	ADP
ftr-441	423	10	which	which	PRON
ftr-441	423	11	the	the	DET
ftr-441	423	12	allocation	allocation	NOUN
ftr-441	423	13	under	under	ADP
ftr-441	423	14	scrutiny	scrutiny	NOUN
ftr-441	423	15	is	be	AUX
ftr-441	423	16	not	not	PART
ftr-441	423	17	included	include	VERB
ftr-441	423	18	in	in	ADP
ftr-441	423	19	the	the	DET
ftr-441	423	20	partnership	partnership	NOUN
ftr-441	423	21	agreement	agreement	NOUN
ftr-441	423	22	.	.	PUNCT
ftr-441	424	1	see	see	VERB
ftr-441	424	2	regs	reg	NOUN
ftr-441	424	3	.	.	PUNCT
ftr-441	425	1	§	§	PROPN
ftr-441	425	2	1.704	1.704	NUM
ftr-441	425	3	-	-	NUM
ftr-441	425	4	1(b)(2)(iii)(a)(1	1(b)(2)(iii)(a)(1	NUM
ftr-441	425	5	)	)	PUNCT
ftr-441	425	6	and	and	CCONJ
ftr-441	425	7	(	(	PUNCT
ftr-441	425	8	2	2	NUM
ftr-441	425	9	)	)	PUNCT
ftr-441	425	10	,	,	PUNCT
ftr-441	425	11	(	(	PUNCT
ftr-441	425	12	b)(1	b)(1	NOUN
ftr-441	425	13	)	)	PUNCT
ftr-441	425	14	and	and	CCONJ
ftr-441	425	15	(	(	PUNCT
ftr-441	425	16	2	2	NUM
ftr-441	425	17	)	)	PUNCT
ftr-441	425	18	,	,	PUNCT
ftr-441	425	19	and	and	CCONJ
ftr-441	425	20	(	(	PUNCT
ftr-441	425	21	c)(1	c)(1	X
ftr-441	425	22	)	)	PUNCT
ftr-441	425	23	and	and	CCONJ
ftr-441	425	24	(	(	PUNCT
ftr-441	425	25	2	2	NUM
ftr-441	425	26	)	)	PUNCT
ftr-441	425	27	.	.	PUNCT
ftr-441	426	1	obviously	obviously	ADV
ftr-441	426	2	,	,	PUNCT
ftr-441	426	3	that	that	DET
ftr-441	426	4	instruction	instruction	NOUN
ftr-441	426	5	provides	provide	VERB
ftr-441	426	6	little	little	ADJ
ftr-441	426	7	guidance	guidance	NOUN
ftr-441	426	8	regarding	regard	VERB
ftr-441	426	9	the	the	DET
ftr-441	426	10	proper	proper	ADJ
ftr-441	426	11	normative	normative	ADJ
ftr-441	426	12	share	share	NOUN
ftr-441	426	13	of	of	ADP
ftr-441	426	14	the	the	DET
ftr-441	426	15	partners	partner	NOUN
ftr-441	426	16	.	.	PUNCT
ftr-441	427	1	56	56	NUM
ftr-441	427	2	.	.	X
ftr-441	427	3	see	see	VERB
ftr-441	427	4	regs	reg	NOUN
ftr-441	427	5	.	.	PUNCT
ftr-441	428	1	§	§	PROPN
ftr-441	428	2	1.701	1.701	NUM
ftr-441	428	3	-	-	SYM
ftr-441	428	4	2(b	2(b	NUM
ftr-441	428	5	)	)	PUNCT
ftr-441	428	6	.	.	PUNCT
ftr-441	429	1	57	57	NUM
ftr-441	429	2	.	.	PUNCT
ftr-441	429	3	see	see	VERB
ftr-441	429	4	i	i	PRON
ftr-441	429	5	d.	d.	PROPN
ftr-441	429	6	58	58	NUM
ftr-441	429	7	.	.	PUNCT
ftr-441	430	1	see	see	VERB
ftr-441	430	2	regs	reg	NOUN
ftr-441	430	3	.	.	PUNCT
ftr-441	431	1	§	§	PROPN
ftr-441	431	2	§	§	PROPN
ftr-441	431	3	1.701	1.701	NUM
ftr-441	431	4	-	-	SYM
ftr-441	431	5	2(c)(5	2(c)(5	NUM
ftr-441	431	6	)	)	PUNCT
ftr-441	431	7	(	(	PUNCT
ftr-441	431	8	allocations	allocation	NOUN
ftr-441	431	9	complying	comply	VERB
ftr-441	431	10	with	with	ADP
ftr-441	431	11	the	the	DET
ftr-441	431	12	literal	literal	ADJ
ftr-441	431	13	language	language	NOUN
ftr-441	431	14	of	of	ADP
ftr-441	431	15	the	the	DET
ftr-441	431	16	regulations	regulation	NOUN
ftr-441	431	17	are	be	AUX
ftr-441	431	18	nevertheless	nevertheless	ADV
ftr-441	431	19	subject	subject	ADJ
ftr-441	431	20	to	to	ADP
ftr-441	431	21	scrutiny	scrutiny	NOUN
ftr-441	431	22	under	under	ADP
ftr-441	431	23	the	the	DET
ftr-441	431	24	anti	anti	ADJ
ftr-441	431	25	-	-	ADJ
ftr-441	431	26	abuse	abuse	ADJ
ftr-441	431	27	regulations	regulation	NOUN
ftr-441	431	28	if	if	SCONJ
ftr-441	431	29	the	the	DET
ftr-441	431	30	results	result	NOUN
ftr-441	431	31	of	of	ADP
ftr-441	431	32	the	the	DET
ftr-441	431	33	allocations	allocation	NOUN
ftr-441	431	34	are	be	AUX
ftr-441	431	35	"	"	PUNCT
ftr-441	431	36	inconsistent	inconsistent	ADJ
ftr-441	431	37	with	with	ADP
ftr-441	431	38	the	the	DET
ftr-441	431	39	purpose	purpose	NOUN
ftr-441	431	40	of	of	ADP
ftr-441	431	41	section	section	NOUN
ftr-441	431	42	704(b	704(b	PROPN
ftr-441	431	43	)	)	PUNCT
ftr-441	431	44	and	and	CCONJ
ftr-441	431	45	those	those	DET
ftr-441	431	46	regulations	regulation	NOUN
ftr-441	431	47	"	"	PUNCT
ftr-441	431	48	)	)	PUNCT
ftr-441	431	49	,	,	PUNCT
ftr-441	431	50	-2(b)(4	-2(b)(4	PUNCT
ftr-441	431	51	)	)	PUNCT
ftr-441	432	1	(	(	PUNCT
ftr-441	432	2	one	one	NUM
ftr-441	432	3	weapon	weapon	NOUN
ftr-441	432	4	of	of	ADP
ftr-441	432	5	commissioner	commissioner	NOUN
ftr-441	432	6	in	in	ADP
ftr-441	432	7	implementing	implement	VERB
ftr-441	432	8	anti	anti	ADJ
ftr-441	432	9	-	-	ADJ
ftr-441	432	10	abuse	abuse	ADJ
ftr-441	432	11	regulations	regulation	NOUN
ftr-441	432	12	is	be	AUX
ftr-441	432	13	to	to	PART
ftr-441	432	14	reallocate	reallocate	VERB
ftr-441	432	15	partnership	partnership	NOUN
ftr-441	432	16	items	item	NOUN
ftr-441	432	17	)	)	PUNCT
ftr-441	432	18	.	.	PUNCT
ftr-441	433	1	[	[	X
ftr-441	433	2	vol	vol	NOUN
ftr-441	433	3	.	.	PUNCT
ftr-441	433	4	4:3	4:3	NUM
ftr-441	433	5	the	the	DET
ftr-441	433	6	future	future	ADJ
ftr-441	433	7	taxation	taxation	NOUN
ftr-441	433	8	of	of	ADP
ftr-441	433	9	private	private	ADJ
ftr-441	433	10	business	business	NOUN
ftr-441	433	11	firns	firn	VERB
ftr-441	433	12	the	the	DET
ftr-441	433	13	value	value	NOUN
ftr-441	433	14	-	-	PUNCT
ftr-441	433	15	equals	equal	NOUN
ftr-441	433	16	-	-	PUNCT
ftr-441	433	17	basis	basis	NOUN
ftr-441	433	18	rule	rule	NOUN
ftr-441	433	19	,	,	PUNCT
ftr-441	433	20	which	which	PRON
ftr-441	433	21	are	be	AUX
ftr-441	433	22	key	key	ADJ
ftr-441	433	23	to	to	ADP
ftr-441	433	24	insulating	insulate	VERB
ftr-441	433	25	certain	certain	ADJ
ftr-441	433	26	allocation	allocation	NOUN
ftr-441	433	27	arrangements	arrangement	NOUN
ftr-441	433	28	from	from	ADP
ftr-441	433	29	irs	irs	PROPN
ftr-441	433	30	challenge.59	challenge.59	NOUN
ftr-441	433	31	even	even	ADV
ftr-441	433	32	if	if	SCONJ
ftr-441	433	33	that	that	DET
ftr-441	433	34	explicit	explicit	ADJ
ftr-441	433	35	blessing	blessing	NOUN
ftr-441	433	36	were	be	AUX
ftr-441	433	37	removed	remove	VERB
ftr-441	433	38	,	,	PUNCT
ftr-441	433	39	however	however	ADV
ftr-441	433	40	,	,	PUNCT
ftr-441	433	41	the	the	DET
ftr-441	433	42	basic	basic	ADJ
ftr-441	433	43	design	design	NOUN
ftr-441	433	44	of	of	ADP
ftr-441	433	45	the	the	DET
ftr-441	433	46	anti	anti	ADJ
ftr-441	433	47	-	-	ADJ
ftr-441	433	48	abuse	abuse	ADJ
ftr-441	433	49	regulation	regulation	NOUN
ftr-441	433	50	undermines	undermine	VERB
ftr-441	433	51	its	its	PRON
ftr-441	433	52	effectiveness	effectiveness	NOUN
ftr-441	433	53	.	.	PUNCT
ftr-441	434	1	for	for	ADP
ftr-441	434	2	example	example	NOUN
ftr-441	434	3	,	,	PUNCT
ftr-441	434	4	by	by	ADP
ftr-441	434	5	focusing	focus	VERB
ftr-441	434	6	on	on	ADP
ftr-441	434	7	whether	whether	SCONJ
ftr-441	434	8	or	or	CCONJ
ftr-441	434	9	not	not	PART
ftr-441	434	10	there	there	PRON
ftr-441	434	11	has	have	AUX
ftr-441	434	12	been	be	AUX
ftr-441	434	13	a	a	DET
ftr-441	434	14	substantial	substantial	ADJ
ftr-441	434	15	reduction	reduction	NOUN
ftr-441	434	16	in	in	ADP
ftr-441	434	17	the	the	DET
ftr-441	434	18	present	present	ADJ
ftr-441	434	19	value	value	NOUN
ftr-441	434	20	of	of	ADP
ftr-441	434	21	aggregate	aggregate	ADJ
ftr-441	434	22	tax	tax	NOUN
ftr-441	434	23	liabilities	liability	NOUN
ftr-441	434	24	,	,	PUNCT
ftr-441	434	25	the	the	DET
ftr-441	434	26	regulation	regulation	NOUN
ftr-441	434	27	encounters	encounter	VERB
ftr-441	434	28	the	the	DET
ftr-441	434	29	same	same	ADJ
ftr-441	434	30	difficulty	difficulty	NOUN
ftr-441	434	31	facing	face	VERB
ftr-441	434	32	the	the	DET
ftr-441	434	33	substantiality	substantiality	NOUN
ftr-441	434	34	test	test	NOUN
ftr-441	434	35	:	:	PUNCT
ftr-441	435	1	the	the	PRON
ftr-441	435	2	"	"	PUNCT
ftr-441	435	3	as	as	SCONJ
ftr-441	435	4	compared	compare	VERB
ftr-441	435	5	to	to	ADP
ftr-441	435	6	what	what	PRON
ftr-441	435	7	"	"	PUNCT
ftr-441	435	8	inquiry	inquiry	NOUN
ftr-441	435	9	.	.	PUNCT
ftr-441	436	1	indeed	indeed	ADV
ftr-441	436	2	,	,	PUNCT
ftr-441	436	3	the	the	DET
ftr-441	436	4	answer	answer	NOUN
ftr-441	436	5	to	to	ADP
ftr-441	436	6	that	that	DET
ftr-441	436	7	question	question	NOUN
ftr-441	436	8	provided	provide	VERB
ftr-441	436	9	by	by	ADP
ftr-441	436	10	the	the	DET
ftr-441	436	11	new	new	ADJ
ftr-441	436	12	regulation	regulation	NOUN
ftr-441	436	13	is	be	AUX
ftr-441	436	14	even	even	ADV
ftr-441	436	15	less	less	ADV
ftr-441	436	16	satisfactory	satisfactory	ADJ
ftr-441	436	17	than	than	ADP
ftr-441	436	18	the	the	DET
ftr-441	436	19	one	one	NOUN
ftr-441	436	20	provided	provide	VERB
ftr-441	436	21	in	in	ADP
ftr-441	436	22	the	the	DET
ftr-441	436	23	substantiality	substantiality	NOUN
ftr-441	436	24	test	test	NOUN
ftr-441	436	25	.	.	PUNCT
ftr-441	437	1	in	in	ADP
ftr-441	437	2	substantiality	substantiality	NOUN
ftr-441	437	3	,	,	PUNCT
ftr-441	437	4	the	the	DET
ftr-441	437	5	comparison	comparison	NOUN
ftr-441	437	6	is	be	AUX
ftr-441	437	7	with	with	ADP
ftr-441	437	8	a	a	DET
ftr-441	437	9	result	result	NOUN
ftr-441	437	10	produced	produce	VERB
ftr-441	437	11	by	by	ADP
ftr-441	437	12	a	a	DET
ftr-441	437	13	normative	normative	ADJ
ftr-441	437	14	,	,	PUNCT
ftr-441	437	15	economic	economic	ADJ
ftr-441	437	16	sharing	sharing	NOUN
ftr-441	437	17	of	of	ADP
ftr-441	437	18	the	the	DET
ftr-441	437	19	item	item	NOUN
ftr-441	437	20	in	in	ADP
ftr-441	437	21	question	question	NOUN
ftr-441	437	22	,	,	PUNCT
ftr-441	437	23	something	something	PRON
ftr-441	437	24	,	,	PUNCT
ftr-441	437	25	unfortunately	unfortunately	ADV
ftr-441	437	26	,	,	PUNCT
ftr-441	437	27	that	that	PRON
ftr-441	437	28	may	may	AUX
ftr-441	437	29	not	not	PART
ftr-441	437	30	be	be	AUX
ftr-441	437	31	known	know	VERB
ftr-441	437	32	in	in	ADP
ftr-441	437	33	certain	certain	ADJ
ftr-441	437	34	cases	case	NOUN
ftr-441	437	35	.	.	PUNCT
ftr-441	438	1	in	in	ADP
ftr-441	438	2	the	the	DET
ftr-441	438	3	new	new	ADJ
ftr-441	438	4	regulation	regulation	NOUN
ftr-441	438	5	,	,	PUNCT
ftr-441	438	6	the	the	DET
ftr-441	438	7	answer	answer	NOUN
ftr-441	438	8	is	be	AUX
ftr-441	438	9	to	to	PART
ftr-441	438	10	compare	compare	VERB
ftr-441	438	11	with	with	ADP
ftr-441	438	12	an	an	DET
ftr-441	438	13	outcome	outcome	NOUN
ftr-441	438	14	consistent	consistent	ADJ
ftr-441	438	15	with	with	ADP
ftr-441	438	16	"	"	PUNCT
ftr-441	438	17	the	the	DET
ftr-441	438	18	intent	intent	NOUN
ftr-441	438	19	of	of	ADP
ftr-441	438	20	subchapter	subchapter	NOUN
ftr-441	438	21	k	k	NOUN
ftr-441	438	22	,	,	PUNCT
ftr-441	438	23	"	"	PUNCT
ftr-441	438	24	an	an	DET
ftr-441	438	25	even	even	ADV
ftr-441	438	26	less	less	ADV
ftr-441	438	27	welldefined	welldefine	VERB
ftr-441	438	28	standard	standard	NOUN
ftr-441	438	29	.	.	PUNCT
ftr-441	439	1	further	far	ADV
ftr-441	439	2	,	,	PUNCT
ftr-441	439	3	the	the	DET
ftr-441	439	4	regulation	regulation	NOUN
ftr-441	439	5	is	be	AUX
ftr-441	439	6	only	only	ADV
ftr-441	439	7	operative	operative	ADJ
ftr-441	439	8	if	if	SCONJ
ftr-441	439	9	a	a	DET
ftr-441	439	10	subjective	subjective	ADJ
ftr-441	439	11	intent	intent	NOUN
ftr-441	439	12	test	test	NOUN
ftr-441	439	13	is	be	AUX
ftr-441	439	14	satisfied	satisfied	ADJ
ftr-441	439	15	.	.	PUNCT
ftr-441	440	1	"	"	PUNCT
ftr-441	440	2	a	a	DET
ftr-441	440	3	principal	principal	ADJ
ftr-441	440	4	purpose	purpose	NOUN
ftr-441	440	5	of	of	ADP
ftr-441	440	6	the	the	DET
ftr-441	440	7	transaction	transaction	NOUN
ftr-441	440	8	"	"	PUNCT
ftr-441	440	9	must	must	AUX
ftr-441	440	10	be	be	AUX
ftr-441	440	11	to	to	PART
ftr-441	440	12	reduce	reduce	VERB
ftr-441	440	13	tax	tax	NOUN
ftr-441	440	14	liabilities	liability	NOUN
ftr-441	440	15	in	in	ADP
ftr-441	440	16	the	the	DET
ftr-441	440	17	forbidden	forbidden	ADJ
ftr-441	440	18	way	way	NOUN
ftr-441	440	19	.	.	PUNCT
ftr-441	441	1	aside	aside	ADV
ftr-441	441	2	from	from	ADP
ftr-441	441	3	the	the	DET
ftr-441	441	4	practical	practical	ADJ
ftr-441	441	5	difficulty	difficulty	NOUN
ftr-441	441	6	of	of	ADP
ftr-441	441	7	knowing	know	VERB
ftr-441	441	8	whose	whose	DET
ftr-441	441	9	purpose	purpose	NOUN
ftr-441	441	10	must	must	AUX
ftr-441	441	11	be	be	AUX
ftr-441	441	12	determined	determine	VERB
ftr-441	441	13	and	and	CCONJ
ftr-441	441	14	how	how	SCONJ
ftr-441	441	15	it	it	PRON
ftr-441	441	16	should	should	AUX
ftr-441	441	17	be	be	AUX
ftr-441	441	18	ascertained	ascertain	VERB
ftr-441	441	19	,	,	PUNCT
ftr-441	441	20	this	this	DET
ftr-441	441	21	aspect	aspect	NOUN
ftr-441	441	22	of	of	ADP
ftr-441	441	23	the	the	DET
ftr-441	441	24	regulation	regulation	NOUN
ftr-441	441	25	raises	raise	VERB
ftr-441	441	26	the	the	DET
ftr-441	441	27	normative	normative	ADJ
ftr-441	441	28	question	question	NOUN
ftr-441	441	29	of	of	ADP
ftr-441	441	30	why	why	SCONJ
ftr-441	441	31	tax	tax	NOUN
ftr-441	441	32	results	result	NOUN
ftr-441	441	33	should	should	AUX
ftr-441	441	34	turn	turn	VERB
ftr-441	441	35	on	on	ADP
ftr-441	441	36	one	one	NUM
ftr-441	441	37	's	's	PART
ftr-441	441	38	state	state	NOUN
ftr-441	441	39	of	of	ADP
ftr-441	441	40	mind	mind	NOUN
ftr-441	441	41	in	in	ADP
ftr-441	441	42	the	the	DET
ftr-441	441	43	first	first	ADJ
ftr-441	441	44	place	place	NOUN
ftr-441	441	45	.	.	PUNCT
ftr-441	441	46	'	'	PUNCT
ftr-441	442	1	if	if	SCONJ
ftr-441	442	2	the	the	DET
ftr-441	442	3	partnership	partnership	NOUN
ftr-441	442	4	tax	tax	NOUN
ftr-441	442	5	rules	rule	NOUN
ftr-441	442	6	somehow	somehow	ADV
ftr-441	442	7	permit	permit	VERB
ftr-441	442	8	tax	tax	NOUN
ftr-441	442	9	outcomes	outcome	NOUN
ftr-441	442	10	that	that	SCONJ
ftr-441	442	11	the	the	DET
ftr-441	442	12	treasury	treasury	PROPN
ftr-441	442	13	considers	consider	VERB
ftr-441	442	14	inappropriate	inappropriate	ADJ
ftr-441	442	15	,	,	PUNCT
ftr-441	442	16	the	the	DET
ftr-441	442	17	solution	solution	NOUN
ftr-441	442	18	should	should	AUX
ftr-441	442	19	be	be	AUX
ftr-441	442	20	to	to	PART
ftr-441	442	21	fix	fix	VERB
ftr-441	442	22	the	the	DET
ftr-441	442	23	rule	rule	NOUN
ftr-441	442	24	rather	rather	ADV
ftr-441	442	25	than	than	ADP
ftr-441	442	26	simply	simply	ADV
ftr-441	442	27	to	to	PART
ftr-441	442	28	prejudice	prejudice	VERB
ftr-441	442	29	those	those	DET
ftr-441	442	30	taxpayers	taxpayer	NOUN
ftr-441	442	31	who	who	PRON
ftr-441	442	32	take	take	VERB
ftr-441	442	33	advantage	advantage	NOUN
ftr-441	442	34	of	of	ADP
ftr-441	442	35	the	the	DET
ftr-441	442	36	rule	rule	NOUN
ftr-441	442	37	with	with	ADP
ftr-441	442	38	the	the	DET
ftr-441	442	39	wrong	wrong	ADJ
ftr-441	442	40	mindset	mindset	NOUN
ftr-441	442	41	.	.	PUNCT
ftr-441	443	1	4	4	X
ftr-441	443	2	.	.	X
ftr-441	443	3	would	would	AUX
ftr-441	443	4	some	some	DET
ftr-441	443	5	other	other	ADJ
ftr-441	443	6	test	test	NOUN
ftr-441	443	7	be	be	AUX
ftr-441	443	8	effective?-as	effective?-as	NOUN
ftr-441	443	9	dismal	dismal	ADJ
ftr-441	443	10	as	as	SCONJ
ftr-441	443	11	the	the	DET
ftr-441	443	12	current	current	ADJ
ftr-441	443	13	treasury	treasury	NOUN
ftr-441	443	14	regulations	regulation	NOUN
ftr-441	443	15	are	be	AUX
ftr-441	443	16	in	in	ADP
ftr-441	443	17	this	this	DET
ftr-441	443	18	area	area	NOUN
ftr-441	443	19	,	,	PUNCT
ftr-441	443	20	the	the	DET
ftr-441	443	21	problem	problem	NOUN
ftr-441	443	22	lies	lie	VERB
ftr-441	443	23	not	not	PART
ftr-441	443	24	with	with	ADP
ftr-441	443	25	them	they	PRON
ftr-441	443	26	.	.	PUNCT
ftr-441	444	1	rather	rather	ADV
ftr-441	444	2	,	,	PUNCT
ftr-441	444	3	the	the	DET
ftr-441	444	4	problem	problem	NOUN
ftr-441	444	5	is	be	AUX
ftr-441	444	6	that	that	SCONJ
ftr-441	444	7	the	the	DET
ftr-441	444	8	regulations	regulation	NOUN
ftr-441	444	9	are	be	AUX
ftr-441	444	10	trying	try	VERB
ftr-441	444	11	to	to	PART
ftr-441	444	12	achieve	achieve	VERB
ftr-441	444	13	something	something	PRON
ftr-441	444	14	which	which	PRON
ftr-441	444	15	can	can	AUX
ftr-441	444	16	not	not	PART
ftr-441	444	17	be	be	AUX
ftr-441	444	18	done	do	VERB
ftr-441	444	19	.	.	PUNCT
ftr-441	445	1	as	as	SCONJ
ftr-441	445	2	detailed	detailed	ADJ
ftr-441	445	3	above	above	ADV
ftr-441	445	4	,	,	PUNCT
ftr-441	445	5	the	the	DET
ftr-441	445	6	conduit	conduit	NOUN
ftr-441	445	7	model	model	NOUN
ftr-441	445	8	requires	require	VERB
ftr-441	445	9	the	the	DET
ftr-441	445	10	existence	existence	NOUN
ftr-441	445	11	of	of	ADP
ftr-441	445	12	an	an	DET
ftr-441	445	13	economic	economic	ADJ
ftr-441	445	14	baseline	baseline	NOUN
ftr-441	445	15	against	against	ADP
ftr-441	445	16	which	which	PRON
ftr-441	445	17	a	a	DET
ftr-441	445	18	tax	tax	NOUN
ftr-441	445	19	allocation	allocation	NOUN
ftr-441	445	20	can	can	AUX
ftr-441	445	21	be	be	AUX
ftr-441	445	22	tested	test	VERB
ftr-441	445	23	.	.	PUNCT
ftr-441	446	1	yet	yet	CCONJ
ftr-441	446	2	so	so	ADV
ftr-441	446	3	59	59	NUM
ftr-441	446	4	.	.	PUNCT
ftr-441	447	1	see	see	VERB
ftr-441	447	2	regs	reg	NOUN
ftr-441	447	3	.	.	PUNCT
ftr-441	448	1	§	§	PROPN
ftr-441	448	2	1.701	1.701	NUM
ftr-441	448	3	-	-	SYM
ftr-441	448	4	2(a)(3	2(a)(3	NUM
ftr-441	448	5	)	)	PUNCT
ftr-441	448	6	,	,	PUNCT
ftr-441	448	7	-2(d	-2(d	NOUN
ftr-441	448	8	)	)	PUNCT
ftr-441	448	9	,	,	PUNCT
ftr-441	448	10	ex	ex	X
ftr-441	448	11	.	.	PUNCT
ftr-441	448	12	(	(	PUNCT
ftr-441	448	13	6	6	NUM
ftr-441	448	14	)	)	PUNCT
ftr-441	448	15	(	(	PUNCT
ftr-441	448	16	application	application	NOUN
ftr-441	448	17	of	of	ADP
ftr-441	448	18	value	value	NOUN
ftr-441	448	19	-	-	PUNCT
ftr-441	448	20	equals	equal	NOUN
ftr-441	448	21	-	-	PUNCT
ftr-441	448	22	basis	basis	NOUN
ftr-441	448	23	rule	rule	NOUN
ftr-441	448	24	respected	respect	VERB
ftr-441	448	25	by	by	ADP
ftr-441	448	26	anti	anti	ADJ
ftr-441	448	27	-	-	ADJ
ftr-441	448	28	abuse	abuse	ADJ
ftr-441	448	29	regulation	regulation	NOUN
ftr-441	448	30	)	)	PUNCT
ftr-441	448	31	,	,	PUNCT
ftr-441	448	32	-2(d	-2(d	PROPN
ftr-441	448	33	)	)	PUNCT
ftr-441	448	34	,	,	PUNCT
ftr-441	448	35	ex	ex	X
ftr-441	448	36	.	.	PUNCT
ftr-441	448	37	(	(	PUNCT
ftr-441	448	38	5	5	NUM
ftr-441	448	39	)	)	PUNCT
ftr-441	448	40	(	(	PUNCT
ftr-441	448	41	special	special	ADJ
ftr-441	448	42	allocation	allocation	NOUN
ftr-441	448	43	scrutinized	scrutinize	VERB
ftr-441	448	44	by	by	ADP
ftr-441	448	45	anti	anti	ADJ
ftr-441	448	46	-	-	ADJ
ftr-441	448	47	abuse	abuse	ADJ
ftr-441	448	48	regulation	regulation	NOUN
ftr-441	448	49	but	but	CCONJ
ftr-441	448	50	respected	respected	ADJ
ftr-441	448	51	)	)	PUNCT
ftr-441	448	52	.	.	PUNCT
ftr-441	449	1	60	60	NUM
ftr-441	449	2	.	.	PUNCT
ftr-441	450	1	see	see	VERB
ftr-441	450	2	american	american	PROPN
ftr-441	450	3	law	law	PROPN
ftr-441	450	4	institute	institute	PROPN
ftr-441	450	5	,	,	PUNCT
ftr-441	450	6	federal	federal	ADJ
ftr-441	450	7	income	income	NOUN
ftr-441	450	8	tax	tax	NOUN
ftr-441	450	9	project	project	NOUN
ftr-441	450	10	-	-	PUNCT
ftr-441	450	11	subchapter	subchapter	NOUN
ftr-441	450	12	k	k	NOUN
ftr-441	450	13	-	-	PUNCT
ftr-441	450	14	proposals	proposal	NOUN
ftr-441	450	15	on	on	ADP
ftr-441	450	16	the	the	DET
ftr-441	450	17	taxation	taxation	NOUN
ftr-441	450	18	of	of	ADP
ftr-441	450	19	partners	partner	NOUN
ftr-441	450	20	245	245	NUM
ftr-441	450	21	(	(	PUNCT
ftr-441	450	22	1984	1984	NUM
ftr-441	450	23	)	)	PUNCT
ftr-441	451	1	[	[	X
ftr-441	451	2	hereinafter	hereinafter	NOUN
ftr-441	451	3	ali	ali	PROPN
ftr-441	451	4	1984	1984	NUM
ftr-441	451	5	subchapter	subchapter	NOUN
ftr-441	451	6	k	k	PROPN
ftr-441	451	7	proposals	proposal	NOUN
ftr-441	451	8	]	]	PUNCT
ftr-441	451	9	(	(	PUNCT
ftr-441	451	10	arguing	argue	VERB
ftr-441	451	11	against	against	ADP
ftr-441	451	12	subjective	subjective	ADJ
ftr-441	451	13	intent	intent	NOUN
ftr-441	451	14	test	test	NOUN
ftr-441	451	15	in	in	ADP
ftr-441	451	16	determining	determine	VERB
ftr-441	451	17	validity	validity	NOUN
ftr-441	451	18	of	of	ADP
ftr-441	451	19	tax	tax	NOUN
ftr-441	451	20	allocation	allocation	NOUN
ftr-441	451	21	)	)	PUNCT
ftr-441	451	22	;	;	PUNCT
ftr-441	451	23	walter	walter	PROPN
ftr-441	451	24	j.	j.	PROPN
ftr-441	451	25	blum	blum	PROPN
ftr-441	451	26	,	,	PUNCT
ftr-441	451	27	motive	motive	ADJ
ftr-441	451	28	,	,	PUNCT
ftr-441	451	29	intent	intent	NOUN
ftr-441	451	30	and	and	CCONJ
ftr-441	451	31	purpose	purpose	NOUN
ftr-441	451	32	in	in	ADP
ftr-441	451	33	federal	federal	ADJ
ftr-441	451	34	income	income	NOUN
ftr-441	451	35	taxation	taxation	NOUN
ftr-441	451	36	,	,	PUNCT
ftr-441	451	37	34	34	NUM
ftr-441	451	38	u.	u.	NOUN
ftr-441	451	39	chi	chi	PROPN
ftr-441	451	40	.	.	PUNCT
ftr-441	452	1	l	l	PROPN
ftr-441	452	2	rev	rev	PROPN
ftr-441	452	3	.	.	PROPN
ftr-441	452	4	485	485	NUM
ftr-441	452	5	,	,	PUNCT
ftr-441	452	6	515	515	NUM
ftr-441	452	7	(	(	PUNCT
ftr-441	452	8	1967	1967	NUM
ftr-441	452	9	)	)	PUNCT
ftr-441	452	10	(	(	PUNCT
ftr-441	452	11	"	"	PUNCT
ftr-441	452	12	if	if	SCONJ
ftr-441	452	13	tax	tax	NOUN
ftr-441	452	14	-	-	PUNCT
ftr-441	452	15	reducing	reduce	VERB
ftr-441	452	16	actions	action	NOUN
ftr-441	452	17	are	be	AUX
ftr-441	452	18	to	to	PART
ftr-441	452	19	pass	pass	VERB
ftr-441	452	20	muster	muster	NOUN
ftr-441	452	21	but	but	CCONJ
ftr-441	452	22	tax	tax	NOUN
ftr-441	452	23	avoidance	avoidance	NOUN
ftr-441	452	24	actions	action	NOUN
ftr-441	452	25	are	be	AUX
ftr-441	452	26	to	to	PART
ftr-441	452	27	be	be	AUX
ftr-441	452	28	penalized	penalize	VERB
ftr-441	452	29	,	,	PUNCT
ftr-441	452	30	some	some	DET
ftr-441	452	31	way	way	NOUN
ftr-441	452	32	of	of	ADP
ftr-441	452	33	distinguishing	distinguish	VERB
ftr-441	452	34	between	between	ADP
ftr-441	452	35	the	the	DET
ftr-441	452	36	two	two	NUM
ftr-441	452	37	must	must	AUX
ftr-441	452	38	be	be	AUX
ftr-441	452	39	located	locate	VERB
ftr-441	452	40	.	.	PUNCT
ftr-441	453	1	the	the	DET
ftr-441	453	2	trouble	trouble	NOUN
ftr-441	453	3	is	be	AUX
ftr-441	453	4	that	that	PRON
ftr-441	453	5	.	.	PUNCT
ftr-441	454	1	as	as	ADP
ftr-441	454	2	a	a	DET
ftr-441	454	3	mental	mental	ADJ
ftr-441	454	4	phenomenon	phenomenon	NOUN
ftr-441	454	5	,	,	PUNCT
ftr-441	454	6	a	a	DET
ftr-441	454	7	desire	desire	NOUN
ftr-441	454	8	to	to	PART
ftr-441	454	9	minimize	minimize	VERB
ftr-441	454	10	taxes	taxis	NOUN
ftr-441	454	11	does	do	AUX
ftr-441	454	12	not	not	PART
ftr-441	454	13	differ	differ	VERB
ftr-441	454	14	from	from	ADP
ftr-441	454	15	a	a	DET
ftr-441	454	16	desire	desire	NOUN
ftr-441	454	17	to	to	PART
ftr-441	454	18	avoid	avoid	VERB
ftr-441	454	19	taxes	taxis	NOUN
ftr-441	454	20	"	"	PUNCT
ftr-441	454	21	)	)	PUNCT
ftr-441	454	22	;	;	PUNCT
ftr-441	455	1	edwin	edwin	PROPN
ftr-441	455	2	s.	s.	PROPN
ftr-441	455	3	cohen	cohen	PROPN
ftr-441	455	4	,	,	PUNCT
ftr-441	455	5	taxing	tax	VERB
ftr-441	455	6	the	the	DET
ftr-441	455	7	state	state	NOUN
ftr-441	455	8	of	of	ADP
ftr-441	455	9	mind	mind	NOUN
ftr-441	455	10	,	,	PUNCT
ftr-441	455	11	tax	tax	NOUN
ftr-441	455	12	executive	executive	NOUN
ftr-441	455	13	,	,	PUNCT
ftr-441	455	14	apr	apr	PROPN
ftr-441	455	15	.	.	PROPN
ftr-441	455	16	1960	1960	NUM
ftr-441	455	17	,	,	PUNCT
ftr-441	455	18	at	at	ADP
ftr-441	455	19	200	200	NUM
ftr-441	455	20	,	,	PUNCT
ftr-441	455	21	218	218	NUM
ftr-441	455	22	(	(	PUNCT
ftr-441	455	23	"	"	PUNCT
ftr-441	455	24	to	to	PART
ftr-441	455	25	[	[	PUNCT
ftr-441	455	26	make	make	VERB
ftr-441	455	27	tax	tax	NOUN
ftr-441	455	28	consequences	consequence	NOUN
ftr-441	455	29	]	]	PUNCT
ftr-441	455	30	depend	depend	VERB
ftr-441	455	31	upon	upon	SCONJ
ftr-441	455	32	selecting	select	VERB
ftr-441	455	33	and	and	CCONJ
ftr-441	455	34	weighing	weigh	VERB
ftr-441	455	35	the	the	DET
ftr-441	455	36	motives	motive	NOUN
ftr-441	455	37	or	or	CCONJ
ftr-441	455	38	state	state	NOUN
ftr-441	455	39	of	of	ADP
ftr-441	455	40	mind	mind	NOUN
ftr-441	455	41	which	which	PRON
ftr-441	455	42	prompted	prompt	VERB
ftr-441	455	43	his	his	PRON
ftr-441	455	44	action	action	NOUN
ftr-441	455	45	is	be	AUX
ftr-441	455	46	a	a	DET
ftr-441	455	47	far	far	ADV
ftr-441	455	48	more	more	ADV
ftr-441	455	49	complex	complex	ADJ
ftr-441	455	50	assignment	assignment	NOUN
ftr-441	455	51	,	,	PUNCT
ftr-441	455	52	and	and	CCONJ
ftr-441	455	53	one	one	NUM
ftr-441	455	54	which	which	PRON
ftr-441	455	55	i	i	PRON
ftr-441	455	56	believe	believe	VERB
ftr-441	455	57	we	we	PRON
ftr-441	455	58	should	should	AUX
ftr-441	455	59	endeavor	endeavor	VERB
ftr-441	455	60	to	to	PART
ftr-441	455	61	avoid	avoid	VERB
ftr-441	455	62	"	"	PUNCT
ftr-441	455	63	)	)	PUNCT
ftr-441	455	64	.	.	PUNCT
ftr-441	456	1	1999	1999	NUM
ftr-441	456	2	]	]	PUNCT
ftr-441	456	3	florida	florida	PROPN
ftr-441	456	4	tax	tax	PROPN
ftr-441	456	5	review	review	NOUN
ftr-441	456	6	long	long	ADV
ftr-441	456	7	as	as	SCONJ
ftr-441	456	8	there	there	PRON
ftr-441	456	9	is	be	VERB
ftr-441	456	10	state	state	NOUN
ftr-441	456	11	law	law	NOUN
ftr-441	456	12	separation	separation	NOUN
ftr-441	456	13	between	between	ADP
ftr-441	456	14	the	the	DET
ftr-441	456	15	entity	entity	NOUN
ftr-441	456	16	and	and	CCONJ
ftr-441	456	17	the	the	DET
ftr-441	456	18	owners	owner	NOUN
ftr-441	456	19	-	-	PUNCT
ftr-441	456	20	that	that	ADV
ftr-441	456	21	is	be	AUX
ftr-441	456	22	,	,	PUNCT
ftr-441	456	23	the	the	DET
ftr-441	456	24	owners	owner	NOUN
ftr-441	456	25	do	do	AUX
ftr-441	456	26	not	not	PART
ftr-441	456	27	,	,	PUNCT
ftr-441	456	28	in	in	ADP
ftr-441	456	29	fact	fact	NOUN
ftr-441	456	30	,	,	PUNCT
ftr-441	456	31	own	own	VERB
ftr-441	456	32	the	the	DET
ftr-441	456	33	assets	asset	NOUN
ftr-441	456	34	directly	directly	ADV
ftr-441	456	35	but	but	CCONJ
ftr-441	456	36	instead	instead	ADV
ftr-441	456	37	only	only	ADV
ftr-441	456	38	own	own	ADJ
ftr-441	456	39	interests	interest	NOUN
ftr-441	456	40	in	in	ADP
ftr-441	456	41	the	the	DET
ftr-441	456	42	firm	firm	NOUN
ftr-441	456	43	which	which	PRON
ftr-441	456	44	owns	own	VERB
ftr-441	456	45	the	the	DET
ftr-441	456	46	assets	asset	NOUN
ftr-441	456	47	-	-	PUNCT
ftr-441	456	48	the	the	DET
ftr-441	456	49	economic	economic	ADJ
ftr-441	456	50	baseline	baseline	NOUN
ftr-441	456	51	against	against	ADP
ftr-441	456	52	which	which	PRON
ftr-441	456	53	the	the	DET
ftr-441	456	54	tax	tax	NOUN
ftr-441	456	55	allocation	allocation	NOUN
ftr-441	456	56	needs	need	VERB
ftr-441	456	57	to	to	PART
ftr-441	456	58	be	be	AUX
ftr-441	456	59	compared	compare	VERB
ftr-441	456	60	is	be	AUX
ftr-441	456	61	necessarily	necessarily	ADV
ftr-441	456	62	missing	miss	VERB
ftr-441	456	63	.	.	PUNCT
ftr-441	457	1	for	for	ADP
ftr-441	457	2	example	example	NOUN
ftr-441	457	3	,	,	PUNCT
ftr-441	457	4	we	we	PRON
ftr-441	457	5	simply	simply	ADV
ftr-441	457	6	do	do	AUX
ftr-441	457	7	n't	not	PART
ftr-441	457	8	know	know	VERB
ftr-441	457	9	how	how	SCONJ
ftr-441	457	10	the	the	DET
ftr-441	457	11	partners	partner	NOUN
ftr-441	457	12	would	would	AUX
ftr-441	457	13	have	have	AUX
ftr-441	457	14	shared	share	VERB
ftr-441	457	15	undistributed	undistributed	ADJ
ftr-441	457	16	income	income	NOUN
ftr-441	457	17	earned	earn	VERB
ftr-441	457	18	by	by	ADP
ftr-441	457	19	a	a	DET
ftr-441	457	20	firm	firm	NOUN
ftr-441	457	21	had	have	VERB
ftr-441	457	22	there	there	ADV
ftr-441	457	23	,	,	PUNCT
ftr-441	457	24	in	in	ADP
ftr-441	457	25	fact	fact	NOUN
ftr-441	457	26	,	,	PUNCT
ftr-441	457	27	been	be	AUX
ftr-441	457	28	a	a	DET
ftr-441	457	29	distribution	distribution	NOUN
ftr-441	457	30	of	of	ADP
ftr-441	457	31	that	that	DET
ftr-441	457	32	income	income	NOUN
ftr-441	457	33	in	in	ADP
ftr-441	457	34	the	the	DET
ftr-441	457	35	year	year	NOUN
ftr-441	457	36	it	it	PRON
ftr-441	457	37	was	be	AUX
ftr-441	457	38	earned	earn	VERB
ftr-441	457	39	.	.	PUNCT
ftr-441	458	1	indeed	indeed	ADV
ftr-441	458	2	,	,	PUNCT
ftr-441	458	3	in	in	ADP
ftr-441	458	4	many	many	ADJ
ftr-441	458	5	cases	case	NOUN
ftr-441	458	6	,	,	PUNCT
ftr-441	458	7	the	the	DET
ftr-441	458	8	partners	partner	NOUN
ftr-441	458	9	themselves	themselves	PRON
ftr-441	458	10	do	do	AUX
ftr-441	458	11	n't	not	PART
ftr-441	458	12	even	even	ADV
ftr-441	458	13	know	know	VERB
ftr-441	458	14	how	how	SCONJ
ftr-441	458	15	they	they	PRON
ftr-441	458	16	would	would	AUX
ftr-441	458	17	have	have	AUX
ftr-441	458	18	shared	share	VERB
ftr-441	458	19	the	the	DET
ftr-441	458	20	income	income	NOUN
ftr-441	458	21	,	,	PUNCT
ftr-441	458	22	because	because	SCONJ
ftr-441	458	23	their	their	PRON
ftr-441	458	24	"	"	PUNCT
ftr-441	458	25	deal	deal	NOUN
ftr-441	458	26	"	"	PUNCT
ftr-441	458	27	extends	extend	VERB
ftr-441	458	28	far	far	ADV
ftr-441	458	29	beyond	beyond	ADP
ftr-441	458	30	the	the	DET
ftr-441	458	31	economic	economic	ADJ
ftr-441	458	32	outcome	outcome	NOUN
ftr-441	458	33	of	of	ADP
ftr-441	458	34	the	the	DET
ftr-441	458	35	first	first	ADJ
ftr-441	458	36	year	year	NOUN
ftr-441	458	37	.	.	PUNCT
ftr-441	459	1	but	but	CCONJ
ftr-441	459	2	without	without	ADP
ftr-441	459	3	that	that	DET
ftr-441	459	4	piece	piece	NOUN
ftr-441	459	5	of	of	ADP
ftr-441	459	6	information	information	NOUN
ftr-441	459	7	,	,	PUNCT
ftr-441	459	8	it	it	PRON
ftr-441	459	9	is	be	AUX
ftr-441	459	10	not	not	PART
ftr-441	459	11	possible	possible	ADJ
ftr-441	459	12	to	to	PART
ftr-441	459	13	fashion	fashion	VERB
ftr-441	459	14	a	a	DET
ftr-441	459	15	workable	workable	ADJ
ftr-441	459	16	rule	rule	NOUN
ftr-441	459	17	that	that	PRON
ftr-441	459	18	can	can	AUX
ftr-441	459	19	ferret	ferret	VERB
ftr-441	459	20	out	out	ADP
ftr-441	459	21	purely	purely	ADV
ftr-441	459	22	tax	tax	NOUN
ftr-441	459	23	-	-	PUNCT
ftr-441	459	24	advantaged	advantaged	ADJ
ftr-441	459	25	allocation	allocation	NOUN
ftr-441	459	26	arrangements	arrangement	NOUN
ftr-441	459	27	under	under	ADP
ftr-441	459	28	a	a	DET
ftr-441	459	29	conduit	conduit	NOUN
ftr-441	459	30	model	model	NOUN
ftr-441	459	31	of	of	ADP
ftr-441	459	32	taxation	taxation	NOUN
ftr-441	459	33	.	.	PUNCT
ftr-441	459	34	"	"	PUNCT
ftr-441	460	1	5	5	NUM
ftr-441	460	2	.	.	X
ftr-441	460	3	summary.-to	summary.-to	NOUN
ftr-441	460	4	summarize	summarize	VERB
ftr-441	460	5	the	the	DET
ftr-441	460	6	argument	argument	NOUN
ftr-441	460	7	up	up	ADP
ftr-441	460	8	to	to	ADP
ftr-441	460	9	this	this	DET
ftr-441	460	10	point	point	NOUN
ftr-441	460	11	,	,	PUNCT
ftr-441	460	12	this	this	DET
ftr-441	460	13	article	article	NOUN
ftr-441	460	14	has	have	AUX
ftr-441	460	15	contended	contend	VERB
ftr-441	460	16	that	that	SCONJ
ftr-441	460	17	as	as	ADP
ftr-441	460	18	a	a	DET
ftr-441	460	19	theoretical	theoretical	ADJ
ftr-441	460	20	matter	matter	NOUN
ftr-441	460	21	,	,	PUNCT
ftr-441	460	22	the	the	DET
ftr-441	460	23	conduit	conduit	NOUN
ftr-441	460	24	method	method	NOUN
ftr-441	460	25	of	of	ADP
ftr-441	460	26	taxing	tax	VERB
ftr-441	460	27	the	the	DET
ftr-441	460	28	income	income	NOUN
ftr-441	460	29	of	of	ADP
ftr-441	460	30	private	private	ADJ
ftr-441	460	31	business	business	NOUN
ftr-441	460	32	firms	firm	NOUN
ftr-441	460	33	is	be	AUX
ftr-441	460	34	appealing	appeal	VERB
ftr-441	460	35	because	because	SCONJ
ftr-441	460	36	it	it	PRON
ftr-441	460	37	can	can	AUX
ftr-441	460	38	protect	protect	VERB
ftr-441	460	39	vertical	vertical	ADJ
ftr-441	460	40	equity	equity	NOUN
ftr-441	460	41	norms	norm	NOUN
ftr-441	460	42	and	and	CCONJ
ftr-441	460	43	minimize	minimize	VERB
ftr-441	460	44	distortions	distortion	NOUN
ftr-441	460	45	in	in	ADP
ftr-441	460	46	the	the	DET
ftr-441	460	47	choice	choice	NOUN
ftr-441	460	48	of	of	ADP
ftr-441	460	49	business	business	NOUN
ftr-441	460	50	form	form	NOUN
ftr-441	460	51	.	.	PUNCT
ftr-441	461	1	the	the	DET
ftr-441	461	2	practical	practical	ADJ
ftr-441	461	3	reality	reality	NOUN
ftr-441	461	4	,	,	PUNCT
ftr-441	461	5	however	however	ADV
ftr-441	461	6	,	,	PUNCT
ftr-441	461	7	is	be	AUX
ftr-441	461	8	that	that	SCONJ
ftr-441	461	9	the	the	DET
ftr-441	461	10	conduit	conduit	NOUN
ftr-441	461	11	model	model	NOUN
ftr-441	461	12	may	may	AUX
ftr-441	461	13	not	not	PART
ftr-441	461	14	accomplish	accomplish	VERB
ftr-441	461	15	either	either	CCONJ
ftr-441	461	16	objective	objective	ADJ
ftr-441	461	17	very	very	ADV
ftr-441	461	18	well	well	ADV
ftr-441	461	19	while	while	SCONJ
ftr-441	461	20	imposing	impose	VERB
ftr-441	461	21	extremely	extremely	ADV
ftr-441	461	22	high	high	ADJ
ftr-441	461	23	transactions	transaction	NOUN
ftr-441	461	24	costs	cost	NOUN
ftr-441	461	25	on	on	ADP
ftr-441	461	26	both	both	DET
ftr-441	461	27	taxpayers	taxpayer	NOUN
ftr-441	461	28	and	and	CCONJ
ftr-441	461	29	the	the	DET
ftr-441	461	30	irs	irs	PROPN
ftr-441	461	31	.	.	PUNCT
ftr-441	462	1	the	the	DET
ftr-441	462	2	central	central	ADJ
ftr-441	462	3	flaw	flaw	NOUN
ftr-441	462	4	of	of	ADP
ftr-441	462	5	the	the	DET
ftr-441	462	6	conduit	conduit	NOUN
ftr-441	462	7	model	model	NOUN
ftr-441	462	8	is	be	AUX
ftr-441	462	9	its	its	PRON
ftr-441	462	10	inability	inability	NOUN
ftr-441	462	11	to	to	PART
ftr-441	462	12	provide	provide	VERB
ftr-441	462	13	assurance	assurance	NOUN
ftr-441	462	14	that	that	SCONJ
ftr-441	462	15	the	the	DET
ftr-441	462	16	proper	proper	ADJ
ftr-441	462	17	amount	amount	NOUN
ftr-441	462	18	of	of	ADP
ftr-441	462	19	business	business	NOUN
ftr-441	462	20	income	income	NOUN
ftr-441	462	21	and	and	CCONJ
ftr-441	462	22	loss	loss	NOUN
ftr-441	462	23	for	for	ADP
ftr-441	462	24	any	any	DET
ftr-441	462	25	given	give	VERB
ftr-441	462	26	year	year	NOUN
ftr-441	462	27	is	be	AUX
ftr-441	462	28	allocated	allocate	VERB
ftr-441	462	29	and	and	CCONJ
ftr-441	462	30	taxed	tax	VERB
ftr-441	462	31	to	to	ADP
ftr-441	462	32	the	the	DET
ftr-441	462	33	proper	proper	ADJ
ftr-441	462	34	owner	owner	NOUN
ftr-441	462	35	.	.	PUNCT
ftr-441	463	1	under	under	ADP
ftr-441	463	2	the	the	DET
ftr-441	463	3	conduit	conduit	NOUN
ftr-441	463	4	model	model	NOUN
ftr-441	463	5	,	,	PUNCT
ftr-441	463	6	allocations	allocation	NOUN
ftr-441	463	7	of	of	ADP
ftr-441	463	8	the	the	DET
ftr-441	463	9	firm	firm	NOUN
ftr-441	463	10	's	's	PART
ftr-441	463	11	tax	tax	NOUN
ftr-441	463	12	items	item	NOUN
ftr-441	463	13	have	have	VERB
ftr-441	463	14	no	no	DET
ftr-441	463	15	grounding	grounding	NOUN
ftr-441	463	16	in	in	ADP
ftr-441	463	17	economic	economic	ADJ
ftr-441	463	18	substance	substance	NOUN
ftr-441	463	19	due	due	ADP
ftr-441	463	20	to	to	ADP
ftr-441	463	21	the	the	DET
ftr-441	463	22	absence	absence	NOUN
ftr-441	463	23	of	of	ADP
ftr-441	463	24	an	an	DET
ftr-441	463	25	economic	economic	ADJ
ftr-441	463	26	baseline	baseline	NOUN
ftr-441	463	27	against	against	ADP
ftr-441	463	28	which	which	PRON
ftr-441	463	29	the	the	DET
ftr-441	463	30	allocation	allocation	NOUN
ftr-441	463	31	can	can	AUX
ftr-441	463	32	be	be	AUX
ftr-441	463	33	tested	test	VERB
ftr-441	463	34	.	.	PUNCT
ftr-441	464	1	in	in	ADP
ftr-441	464	2	addition	addition	NOUN
ftr-441	464	3	,	,	PUNCT
ftr-441	464	4	the	the	DET
ftr-441	464	5	validity	validity	NOUN
ftr-441	464	6	of	of	ADP
ftr-441	464	7	allocations	allocation	NOUN
ftr-441	464	8	can	can	AUX
ftr-441	464	9	not	not	PART
ftr-441	464	10	even	even	ADV
ftr-441	464	11	be	be	AUX
ftr-441	464	12	tied	tie	VERB
ftr-441	464	13	to	to	ADP
ftr-441	464	14	matters	matter	NOUN
ftr-441	464	15	of	of	ADP
ftr-441	464	16	legal	legal	ADJ
ftr-441	464	17	form	form	NOUN
ftr-441	464	18	because	because	SCONJ
ftr-441	464	19	it	it	PRON
ftr-441	464	20	is	be	AUX
ftr-441	464	21	the	the	DET
ftr-441	464	22	firm	firm	NOUN
ftr-441	464	23	,	,	PUNCT
ftr-441	464	24	and	and	CCONJ
ftr-441	464	25	not	not	PART
ftr-441	464	26	the	the	DET
ftr-441	464	27	owners	owner	NOUN
ftr-441	464	28	,	,	PUNCT
ftr-441	464	29	that	that	PRON
ftr-441	464	30	maintains	maintain	VERB
ftr-441	464	31	legal	legal	ADJ
ftr-441	464	32	ownership	ownership	NOUN
ftr-441	464	33	of	of	ADP
ftr-441	464	34	the	the	DET
ftr-441	464	35	items	item	NOUN
ftr-441	464	36	in	in	ADP
ftr-441	464	37	question	question	NOUN
ftr-441	464	38	.	.	PUNCT
ftr-441	465	1	as	as	ADP
ftr-441	465	2	a	a	DET
ftr-441	465	3	result	result	NOUN
ftr-441	465	4	,	,	PUNCT
ftr-441	465	5	the	the	DET
ftr-441	465	6	conduit	conduit	NOUN
ftr-441	465	7	approach	approach	NOUN
ftr-441	465	8	is	be	AUX
ftr-441	465	9	unable	unable	ADJ
ftr-441	465	10	to	to	PART
ftr-441	465	11	protect	protect	VERB
ftr-441	465	12	vertical	vertical	ADJ
ftr-441	465	13	equity	equity	NOUN
ftr-441	465	14	norms	norm	NOUN
ftr-441	465	15	;	;	PUNCT
ftr-441	465	16	that	that	PRON
ftr-441	465	17	objective	objective	NOUN
ftr-441	465	18	may	may	AUX
ftr-441	465	19	be	be	AUX
ftr-441	465	20	thwarted	thwart	VERB
ftr-441	465	21	,	,	PUNCT
ftr-441	465	22	for	for	ADP
ftr-441	465	23	example	example	NOUN
ftr-441	465	24	,	,	PUNCT
ftr-441	465	25	by	by	ADP
ftr-441	465	26	allocating	allocate	VERB
ftr-441	465	27	to	to	ADP
ftr-441	465	28	a	a	DET
ftr-441	465	29	high	high	ADJ
ftr-441	465	30	-	-	PUNCT
ftr-441	465	31	bracket	bracket	NOUN
ftr-441	465	32	owner	owner	NOUN
ftr-441	465	33	a	a	DET
ftr-441	465	34	disproportionately	disproportionately	ADV
ftr-441	465	35	small	small	ADJ
ftr-441	465	36	share	share	NOUN
ftr-441	465	37	of	of	ADP
ftr-441	465	38	the	the	DET
ftr-441	465	39	firm	firm	NOUN
ftr-441	465	40	's	's	PART
ftr-441	465	41	income	income	NOUN
ftr-441	465	42	for	for	ADP
ftr-441	465	43	a	a	DET
ftr-441	465	44	given	give	VERB
ftr-441	465	45	year	year	NOUN
ftr-441	465	46	.	.	PUNCT
ftr-441	466	1	further	far	ADV
ftr-441	466	2	,	,	PUNCT
ftr-441	466	3	the	the	DET
ftr-441	466	4	choice	choice	NOUN
ftr-441	466	5	of	of	ADP
ftr-441	466	6	business	business	NOUN
ftr-441	466	7	form	form	NOUN
ftr-441	466	8	is	be	AUX
ftr-441	466	9	distorted	distort	VERB
ftr-441	466	10	by	by	ADP
ftr-441	466	11	the	the	DET
ftr-441	466	12	existence	existence	NOUN
ftr-441	466	13	of	of	ADP
ftr-441	466	14	tax	tax	NOUN
ftr-441	466	15	advantages	advantage	NOUN
ftr-441	466	16	available	available	ADJ
ftr-441	466	17	only	only	ADV
ftr-441	466	18	to	to	ADP
ftr-441	466	19	businesses	business	NOUN
ftr-441	466	20	with	with	ADP
ftr-441	466	21	more	more	ADJ
ftr-441	466	22	than	than	ADP
ftr-441	466	23	one	one	NUM
ftr-441	466	24	owner	owner	NOUN
ftr-441	466	25	which	which	PRON
ftr-441	466	26	are	be	AUX
ftr-441	466	27	taxed	tax	VERB
ftr-441	466	28	as	as	ADP
ftr-441	466	29	conduits	conduit	NOUN
ftr-441	466	30	.	.	PUNCT
ftr-441	467	1	although	although	SCONJ
ftr-441	467	2	the	the	DET
ftr-441	467	3	law	law	NOUN
ftr-441	467	4	has	have	AUX
ftr-441	467	5	certainly	certainly	ADV
ftr-441	467	6	evolved	evolve	VERB
ftr-441	467	7	well	well	ADV
ftr-441	467	8	beyond	beyond	ADP
ftr-441	467	9	its	its	PRON
ftr-441	467	10	state	state	NOUN
ftr-441	467	11	in	in	ADP
ftr-441	467	12	1954	1954	NUM
ftr-441	467	13	,	,	PUNCT
ftr-441	467	14	professor	professor	NOUN
ftr-441	467	15	surrey	surrey	NOUN
ftr-441	467	16	's	's	PART
ftr-441	467	17	concerns	concern	NOUN
ftr-441	467	18	at	at	ADP
ftr-441	467	19	that	that	DET
ftr-441	467	20	time	time	NOUN
ftr-441	467	21	with	with	ADP
ftr-441	467	22	the	the	DET
ftr-441	467	23	potential	potential	ADJ
ftr-441	467	24	flexibility	flexibility	NOUN
ftr-441	467	25	of	of	ADP
ftr-441	467	26	special	special	ADJ
ftr-441	467	27	allocations	allocation	NOUN
ftr-441	467	28	still	still	ADV
ftr-441	467	29	seem	seem	VERB
ftr-441	467	30	to	to	PART
ftr-441	467	31	be	be	AUX
ftr-441	467	32	appropriate.62	appropriate.62	PROPN
ftr-441	467	33	61	61	NUM
ftr-441	467	34	.	.	PUNCT
ftr-441	468	1	see	see	VERB
ftr-441	468	2	gergen	gergen	ADV
ftr-441	468	3	,	,	PUNCT
ftr-441	468	4	supra	supra	PROPN
ftr-441	468	5	note	note	VERB
ftr-441	468	6	45	45	NUM
ftr-441	468	7	,	,	PUNCT
ftr-441	468	8	at	at	ADP
ftr-441	468	9	10	10	NUM
ftr-441	468	10	-	-	SYM
ftr-441	468	11	11	11	NUM
ftr-441	468	12	(	(	PUNCT
ftr-441	468	13	"	"	PUNCT
ftr-441	468	14	[	[	X
ftr-441	468	15	qluite	qluite	VERB
ftr-441	468	16	simply	simply	ADV
ftr-441	468	17	,	,	PUNCT
ftr-441	468	18	there	there	PRON
ftr-441	468	19	is	be	VERB
ftr-441	468	20	no	no	DET
ftr-441	468	21	dependable	dependable	ADJ
ftr-441	468	22	way	way	NOUN
ftr-441	468	23	to	to	PART
ftr-441	468	24	distinguish	distinguish	VERB
ftr-441	468	25	tax	tax	NOUN
ftr-441	468	26	motivated	motivate	VERB
ftr-441	468	27	allocations	allocation	NOUN
ftr-441	468	28	from	from	ADP
ftr-441	468	29	allocations	allocation	NOUN
ftr-441	468	30	with	with	ADP
ftr-441	468	31	an	an	DET
ftr-441	468	32	economic	economic	ADJ
ftr-441	468	33	basis	basis	NOUN
ftr-441	468	34	"	"	PUNCT
ftr-441	468	35	)	)	PUNCT
ftr-441	468	36	;	;	PUNCT
ftr-441	469	1	cf	cf	X
ftr-441	469	2	.	.	PUNCT
ftr-441	470	1	gunn	gunn	PROPN
ftr-441	470	2	,	,	PUNCT
ftr-441	470	3	supra	supra	PROPN
ftr-441	470	4	note	note	NOUN
ftr-441	470	5	44	44	NUM
ftr-441	470	6	,	,	PUNCT
ftr-441	470	7	at	at	ADP
ftr-441	470	8	53	53	NUM
ftr-441	470	9	-	-	SYM
ftr-441	470	10	54	54	NUM
ftr-441	470	11	.	.	PUNCT
ftr-441	470	12	62	62	NUM
ftr-441	470	13	.	.	PUNCT
ftr-441	471	1	see	see	VERB
ftr-441	471	2	supra	supra	PROPN
ftr-441	471	3	note	note	VERB
ftr-441	471	4	38	38	NUM
ftr-441	471	5	and	and	CCONJ
ftr-441	471	6	accompanying	accompany	VERB
ftr-441	471	7	text	text	NOUN
ftr-441	471	8	.	.	PUNCT
ftr-441	472	1	[	[	X
ftr-441	472	2	vol	vol	NOUN
ftr-441	472	3	4:3	4:3	NUM
ftr-441	472	4	the	the	DET
ftr-441	472	5	future	future	ADJ
ftr-441	472	6	taxation	taxation	NOUN
ftr-441	472	7	of	of	ADP
ftr-441	472	8	private	private	ADJ
ftr-441	472	9	business	business	NOUN
ftr-441	472	10	firms	firm	NOUN
ftr-441	472	11	c.	c.	NOUN
ftr-441	472	12	which	which	DET
ftr-441	472	13	approach	approach	NOUN
ftr-441	472	14	would	would	AUX
ftr-441	472	15	be	be	AUX
ftr-441	472	16	more	more	ADV
ftr-441	472	17	administrable	administrable	ADJ
ftr-441	472	18	?	?	PUNCT
ftr-441	473	1	the	the	DET
ftr-441	473	2	discussion	discussion	NOUN
ftr-441	473	3	thus	thus	ADV
ftr-441	473	4	far	far	ADV
ftr-441	473	5	would	would	AUX
ftr-441	473	6	seem	seem	VERB
ftr-441	473	7	to	to	PART
ftr-441	473	8	have	have	AUX
ftr-441	473	9	exposed	expose	VERB
ftr-441	473	10	major	major	ADJ
ftr-441	473	11	flaws	flaw	NOUN
ftr-441	473	12	in	in	ADP
ftr-441	473	13	both	both	PRON
ftr-441	473	14	conduit	conduit	NOUN
ftr-441	473	15	and	and	CCONJ
ftr-441	473	16	entity	entity	NOUN
ftr-441	473	17	taxation	taxation	NOUN
ftr-441	473	18	.	.	PUNCT
ftr-441	474	1	although	although	SCONJ
ftr-441	474	2	the	the	DET
ftr-441	474	3	latter	latter	ADJ
ftr-441	474	4	would	would	AUX
ftr-441	474	5	tax	tax	VERB
ftr-441	474	6	the	the	DET
ftr-441	474	7	business	business	NOUN
ftr-441	474	8	income	income	NOUN
ftr-441	474	9	at	at	ADP
ftr-441	474	10	the	the	DET
ftr-441	474	11	wrong	wrong	ADJ
ftr-441	474	12	rate	rate	NOUN
ftr-441	474	13	,	,	PUNCT
ftr-441	474	14	the	the	DET
ftr-441	474	15	former	former	ADJ
ftr-441	474	16	can	can	AUX
ftr-441	474	17	not	not	PART
ftr-441	474	18	provide	provide	VERB
ftr-441	474	19	assurance	assurance	NOUN
ftr-441	474	20	that	that	SCONJ
ftr-441	474	21	the	the	DET
ftr-441	474	22	business	business	NOUN
ftr-441	474	23	tax	tax	NOUN
ftr-441	474	24	base	base	NOUN
ftr-441	474	25	is	be	AUX
ftr-441	474	26	taxed	tax	VERB
ftr-441	474	27	to	to	ADP
ftr-441	474	28	the	the	DET
ftr-441	474	29	right	right	ADJ
ftr-441	474	30	taxpayer	taxpayer	NOUN
ftr-441	474	31	.	.	PUNCT
ftr-441	475	1	so	so	ADV
ftr-441	475	2	which	which	DET
ftr-441	475	3	approach	approach	NOUN
ftr-441	475	4	is	be	AUX
ftr-441	475	5	preferable	preferable	ADJ
ftr-441	475	6	?	?	PUNCT
ftr-441	476	1	there	there	PRON
ftr-441	476	2	is	be	VERB
ftr-441	476	3	no	no	DET
ftr-441	476	4	easy	easy	ADJ
ftr-441	476	5	answer	answer	NOUN
ftr-441	476	6	to	to	ADP
ftr-441	476	7	that	that	DET
ftr-441	476	8	question	question	NOUN
ftr-441	476	9	.	.	PUNCT
ftr-441	477	1	concerns	concern	NOUN
ftr-441	477	2	about	about	ADP
ftr-441	477	3	the	the	DET
ftr-441	477	4	ease	ease	NOUN
ftr-441	477	5	with	with	ADP
ftr-441	477	6	which	which	PRON
ftr-441	477	7	the	the	DET
ftr-441	477	8	irs	irs	PROPN
ftr-441	477	9	can	can	AUX
ftr-441	477	10	administer	administer	VERB
ftr-441	477	11	the	the	DET
ftr-441	477	12	rules	rule	NOUN
ftr-441	477	13	and	and	CCONJ
ftr-441	477	14	taxpayers	taxpayer	NOUN
ftr-441	477	15	can	can	AUX
ftr-441	477	16	comply	comply	VERB
ftr-441	477	17	with	with	ADP
ftr-441	477	18	them	they	PRON
ftr-441	477	19	,	,	PUNCT
ftr-441	477	20	however	however	ADV
ftr-441	477	21	,	,	PUNCT
ftr-441	477	22	should	should	AUX
ftr-441	477	23	obviously	obviously	ADV
ftr-441	477	24	play	play	VERB
ftr-441	477	25	a	a	DET
ftr-441	477	26	role	role	NOUN
ftr-441	477	27	in	in	ADP
ftr-441	477	28	deciding	decide	VERB
ftr-441	477	29	the	the	DET
ftr-441	477	30	preferred	preferred	ADJ
ftr-441	477	31	approach	approach	NOUN
ftr-441	477	32	.	.	PUNCT
ftr-441	478	1	otherwise	otherwise	ADV
ftr-441	478	2	,	,	PUNCT
ftr-441	478	3	any	any	DET
ftr-441	478	4	rules	rule	NOUN
ftr-441	478	5	which	which	PRON
ftr-441	478	6	are	be	AUX
ftr-441	478	7	developed	develop	VERB
ftr-441	478	8	risk	risk	NOUN
ftr-441	478	9	being	be	AUX
ftr-441	478	10	a	a	DET
ftr-441	478	11	mere	mere	ADJ
ftr-441	478	12	facade	facade	NOUN
ftr-441	478	13	,	,	PUNCT
ftr-441	478	14	a	a	DET
ftr-441	478	15	nice	nice	ADJ
ftr-441	478	16	theoretical	theoretical	ADJ
ftr-441	478	17	way	way	NOUN
ftr-441	478	18	of	of	ADP
ftr-441	478	19	imposing	impose	VERB
ftr-441	478	20	taxes	taxis	NOUN
ftr-441	478	21	on	on	ADP
ftr-441	478	22	business	business	NOUN
ftr-441	478	23	income	income	NOUN
ftr-441	478	24	that	that	PRON
ftr-441	478	25	is	be	AUX
ftr-441	478	26	not	not	PART
ftr-441	478	27	matched	match	VERB
ftr-441	478	28	by	by	ADP
ftr-441	478	29	real	real	ADJ
ftr-441	478	30	world	world	NOUN
ftr-441	478	31	consequences	consequence	NOUN
ftr-441	478	32	to	to	ADP
ftr-441	478	33	most	most	ADJ
ftr-441	478	34	taxpayers	taxpayer	NOUN
ftr-441	478	35	.	.	PUNCT
ftr-441	479	1	administrability	administrability	NOUN
ftr-441	479	2	concerns	concern	NOUN
ftr-441	479	3	are	be	AUX
ftr-441	479	4	particularly	particularly	ADV
ftr-441	479	5	significant	significant	ADJ
ftr-441	479	6	given	give	VERB
ftr-441	479	7	the	the	DET
ftr-441	479	8	applicability	applicability	NOUN
ftr-441	479	9	of	of	ADP
ftr-441	479	10	the	the	DET
ftr-441	479	11	rules	rule	NOUN
ftr-441	479	12	to	to	ADP
ftr-441	479	13	taxpayers	taxpayer	NOUN
ftr-441	479	14	who	who	PRON
ftr-441	479	15	are	be	AUX
ftr-441	479	16	in	in	ADP
ftr-441	479	17	diverse	diverse	ADJ
ftr-441	479	18	business	business	NOUN
ftr-441	479	19	arrangements	arrangement	NOUN
ftr-441	479	20	and	and	CCONJ
ftr-441	479	21	who	who	PRON
ftr-441	479	22	may	may	AUX
ftr-441	479	23	have	have	VERB
ftr-441	479	24	widely	widely	ADV
ftr-441	479	25	differing	differ	VERB
ftr-441	479	26	levels	level	NOUN
ftr-441	479	27	of	of	ADP
ftr-441	479	28	sophistication	sophistication	NOUN
ftr-441	479	29	and	and	CCONJ
ftr-441	479	30	tolerances	tolerance	NOUN
ftr-441	479	31	for	for	ADP
ftr-441	479	32	complexity	complexity	NOUN
ftr-441	479	33	.	.	PUNCT
ftr-441	480	1	the	the	DET
ftr-441	480	2	conduit	conduit	NOUN
ftr-441	480	3	tax	tax	NOUN
ftr-441	480	4	system	system	NOUN
ftr-441	480	5	epitomized	epitomize	VERB
ftr-441	480	6	by	by	ADP
ftr-441	480	7	subchapter	subchapter	NOUN
ftr-441	480	8	k	k	PROPN
ftr-441	480	9	is	be	AUX
ftr-441	480	10	notoriously	notoriously	ADV
ftr-441	480	11	difficult	difficult	ADJ
ftr-441	480	12	to	to	PART
ftr-441	480	13	comprehend	comprehend	VERB
ftr-441	480	14	and	and	CCONJ
ftr-441	480	15	apply	apply	VERB
ftr-441	480	16	.	.	PUNCT
ftr-441	481	1	many	many	ADJ
ftr-441	481	2	analysts	analyst	NOUN
ftr-441	481	3	have	have	AUX
ftr-441	481	4	suggested	suggest	VERB
ftr-441	481	5	that	that	SCONJ
ftr-441	481	6	there	there	PRON
ftr-441	481	7	may	may	AUX
ftr-441	481	8	be	be	AUX
ftr-441	481	9	widespread	widespread	ADJ
ftr-441	481	10	disregard	disregard	NOUN
ftr-441	481	11	of	of	ADP
ftr-441	481	12	one	one	NUM
ftr-441	481	13	or	or	CCONJ
ftr-441	481	14	more	more	ADJ
ftr-441	481	15	of	of	ADP
ftr-441	481	16	the	the	DET
ftr-441	481	17	existing	exist	VERB
ftr-441	481	18	rules	rule	NOUN
ftr-441	481	19	because	because	SCONJ
ftr-441	481	20	of	of	ADP
ftr-441	481	21	the	the	DET
ftr-441	481	22	inability	inability	NOUN
ftr-441	481	23	of	of	ADP
ftr-441	481	24	firms	firm	NOUN
ftr-441	481	25	and	and	CCONJ
ftr-441	481	26	their	their	PRON
ftr-441	481	27	advisors	advisor	NOUN
ftr-441	481	28	to	to	PART
ftr-441	481	29	apply	apply	VERB
ftr-441	481	30	them	they	PRON
ftr-441	481	31	correctly	correctly	ADV
ftr-441	481	32	and	and	CCONJ
ftr-441	481	33	of	of	ADP
ftr-441	481	34	the	the	DET
ftr-441	481	35	irs	irs	PROPN
ftr-441	481	36	to	to	PART
ftr-441	481	37	administer	administer	VERB
ftr-441	481	38	them	they	PRON
ftr-441	481	39	.	.	PUNCT
ftr-441	482	1	indeed	indeed	ADV
ftr-441	482	2	,	,	PUNCT
ftr-441	482	3	back	back	ADV
ftr-441	482	4	in	in	ADP
ftr-441	482	5	1986	1986	NUM
ftr-441	482	6	-	-	PUNCT
ftr-441	482	7	which	which	PRON
ftr-441	482	8	might	might	AUX
ftr-441	482	9	properly	properly	ADV
ftr-441	482	10	be	be	AUX
ftr-441	482	11	described	describe	VERB
ftr-441	482	12	as	as	ADP
ftr-441	482	13	a	a	DET
ftr-441	482	14	time	time	NOUN
ftr-441	482	15	when	when	SCONJ
ftr-441	482	16	complexity	complexity	NOUN
ftr-441	482	17	in	in	ADP
ftr-441	482	18	subchapter	subchapter	NOUN
ftr-441	482	19	k	k	PROPN
ftr-441	482	20	was	be	AUX
ftr-441	482	21	still	still	ADV
ftr-441	482	22	in	in	ADP
ftr-441	482	23	a	a	DET
ftr-441	482	24	state	state	NOUN
ftr-441	482	25	of	of	ADP
ftr-441	482	26	infancy	infancy	NOUN
ftr-441	482	27	-	-	PUNCT
ftr-441	482	28	one	one	NUM
ftr-441	482	29	tax	tax	NOUN
ftr-441	482	30	expert	expert	NOUN
ftr-441	482	31	estimated	estimate	VERB
ftr-441	482	32	a	a	DET
ftr-441	482	33	mere	mere	ADJ
ftr-441	482	34	2	2	NUM
ftr-441	482	35	-	-	SYM
ftr-441	482	36	1/2	1/2	NUM
ftr-441	482	37	%	%	NOUN
ftr-441	482	38	compliance	compliance	NOUN
ftr-441	482	39	rate	rate	NOUN
ftr-441	482	40	with	with	ADP
ftr-441	482	41	one	one	NUM
ftr-441	482	42	particular	particular	ADJ
ftr-441	482	43	partnership	partnership	NOUN
ftr-441	482	44	provision.63	provision.63	PROPN
ftr-441	482	45	more	more	ADV
ftr-441	482	46	recently	recently	ADV
ftr-441	482	47	,	,	PUNCT
ftr-441	482	48	another	another	DET
ftr-441	482	49	distinguished	distinguished	ADJ
ftr-441	482	50	tax	tax	NOUN
ftr-441	482	51	63	63	NUM
ftr-441	482	52	.	.	PUNCT
ftr-441	483	1	hearings	hearing	NOUN
ftr-441	483	2	before	before	ADP
ftr-441	483	3	the	the	DET
ftr-441	483	4	subcommittee	subcommittee	NOUN
ftr-441	483	5	on	on	ADP
ftr-441	483	6	select	select	ADJ
ftr-441	483	7	revenue	revenue	NOUN
ftr-441	483	8	measures	measure	NOUN
ftr-441	483	9	of	of	ADP
ftr-441	483	10	the	the	DET
ftr-441	483	11	u.s	u.s	PROPN
ftr-441	483	12	.	.	PROPN
ftr-441	483	13	house	house	PROPN
ftr-441	483	14	committee	committee	PROPN
ftr-441	483	15	on	on	ADP
ftr-441	483	16	ways	way	NOUN
ftr-441	483	17	&	&	CCONJ
ftr-441	483	18	means	mean	VERB
ftr-441	483	19	on	on	ADP
ftr-441	483	20	issues	issue	NOUN
ftr-441	483	21	relating	relate	VERB
ftr-441	483	22	to	to	ADP
ftr-441	483	23	passthrough	passthrough	PROPN
ftr-441	483	24	entities	entity	NOUN
ftr-441	483	25	,	,	PUNCT
ftr-441	483	26	99th	99th	ADJ
ftr-441	483	27	cong	cong	NOUN
ftr-441	483	28	.	.	PROPN
ftr-441	483	29	,	,	PUNCT
ftr-441	483	30	2d	2d	PROPN
ftr-441	483	31	sess	sess	NOUN
ftr-441	483	32	.	.	PUNCT
ftr-441	484	1	56	56	NUM
ftr-441	484	2	(	(	PUNCT
ftr-441	484	3	1986	1986	NUM
ftr-441	484	4	)	)	PUNCT
ftr-441	485	1	[	[	X
ftr-441	485	2	hereinafter	hereinafter	NOUN
ftr-441	485	3	hearings	hearing	NOUN
ftr-441	485	4	]	]	PUNCT
ftr-441	485	5	(	(	PUNCT
ftr-441	485	6	statement	statement	NOUN
ftr-441	485	7	of	of	ADP
ftr-441	485	8	joel	joel	PROPN
ftr-441	485	9	rabinovitz	rabinovitz	PROPN
ftr-441	485	10	)	)	PUNCT
ftr-441	485	11	(	(	PUNCT
ftr-441	485	12	§	§	PROPN
ftr-441	485	13	751(b	751(b	PROPN
ftr-441	485	14	)	)	PUNCT
ftr-441	485	15	is	be	AUX
ftr-441	485	16	probably	probably	ADV
ftr-441	485	17	overlooked	overlook	VERB
ftr-441	485	18	in	in	ADP
ftr-441	485	19	90	90	NUM
ftr-441	485	20	%	%	NOUN
ftr-441	485	21	of	of	ADP
ftr-441	485	22	the	the	DET
ftr-441	485	23	cases	case	NOUN
ftr-441	485	24	in	in	ADP
ftr-441	485	25	which	which	PRON
ftr-441	485	26	it	it	PRON
ftr-441	485	27	applies	apply	VERB
ftr-441	485	28	,	,	PUNCT
ftr-441	485	29	is	be	AUX
ftr-441	485	30	ignored	ignore	VERB
ftr-441	485	31	in	in	ADP
ftr-441	485	32	another	another	DET
ftr-441	485	33	5	5	NUM
ftr-441	485	34	%	%	NOUN
ftr-441	485	35	of	of	ADP
ftr-441	485	36	the	the	DET
ftr-441	485	37	cases	case	NOUN
ftr-441	485	38	because	because	SCONJ
ftr-441	485	39	the	the	DET
ftr-441	485	40	cost	cost	NOUN
ftr-441	485	41	of	of	ADP
ftr-441	485	42	compliance	compliance	NOUN
ftr-441	485	43	would	would	AUX
ftr-441	485	44	be	be	AUX
ftr-441	485	45	so	so	ADV
ftr-441	485	46	high	high	ADJ
ftr-441	485	47	,	,	PUNCT
ftr-441	485	48	and	and	CCONJ
ftr-441	485	49	is	be	AUX
ftr-441	485	50	misapplied	misapply	VERB
ftr-441	485	51	by	by	ADP
ftr-441	485	52	the	the	DET
ftr-441	485	53	irs	irs	PROPN
ftr-441	485	54	in	in	ADP
ftr-441	485	55	another	another	DET
ftr-441	485	56	21/2	21/2	NUM
ftr-441	485	57	%	%	NOUN
ftr-441	485	58	of	of	ADP
ftr-441	485	59	the	the	DET
ftr-441	485	60	cases	case	NOUN
ftr-441	485	61	)	)	PUNCT
ftr-441	485	62	.	.	PUNCT
ftr-441	486	1	see	see	VERB
ftr-441	486	2	also	also	ADV
ftr-441	486	3	sheldon	sheldon	PROPN
ftr-441	486	4	i.	i.	PROPN
ftr-441	486	5	banoff	banoff	PROPN
ftr-441	486	6	,	,	PUNCT
ftr-441	486	7	the	the	DET
ftr-441	486	8	use	use	NOUN
ftr-441	486	9	and	and	CCONJ
ftr-441	486	10	misuse	misuse	NOUN
ftr-441	486	11	of	of	ADP
ftr-441	486	12	anti	anti	ADJ
ftr-441	486	13	-	-	ADJ
ftr-441	486	14	abuse	abuse	ADJ
ftr-441	486	15	rules	rule	NOUN
ftr-441	486	16	,	,	PUNCT
ftr-441	486	17	48	48	NUM
ftr-441	486	18	tax	tax	NOUN
ftr-441	486	19	law	law	NOUN
ftr-441	486	20	.	.	PUNCT
ftr-441	487	1	827	827	NUM
ftr-441	487	2	,	,	PUNCT
ftr-441	487	3	829	829	NUM
ftr-441	487	4	n.17	n.17	PUNCT
ftr-441	487	5	(	(	PUNCT
ftr-441	487	6	1995	1995	NUM
ftr-441	487	7	)	)	PUNCT
ftr-441	487	8	(	(	PUNCT
ftr-441	487	9	describing	describe	VERB
ftr-441	487	10	how	how	SCONJ
ftr-441	487	11	most	most	ADJ
ftr-441	487	12	taxpayers	taxpayer	NOUN
ftr-441	487	13	and	and	CCONJ
ftr-441	487	14	their	their	PRON
ftr-441	487	15	advisors	advisor	NOUN
ftr-441	487	16	"	"	PUNCT
ftr-441	487	17	employ	employ	VERB
ftr-441	487	18	a	a	DET
ftr-441	487	19	'	'	PUNCT
ftr-441	487	20	common	common	ADJ
ftr-441	487	21	sense	sense	NOUN
ftr-441	487	22	'	'	PUNCT
ftr-441	487	23	approach	approach	NOUN
ftr-441	487	24	to	to	ADP
ftr-441	487	25	the	the	DET
ftr-441	487	26	tax	tax	NOUN
ftr-441	487	27	law	law	NOUN
ftr-441	487	28	(	(	PUNCT
ftr-441	487	29	i.e.	i.e.	X
ftr-441	487	30	,	,	PUNCT
ftr-441	487	31	it	it	PRON
ftr-441	487	32	is	be	AUX
ftr-441	487	33	cheaper	cheap	ADJ
ftr-441	487	34	to	to	PART
ftr-441	487	35	guess	guess	VERB
ftr-441	487	36	the	the	DET
ftr-441	487	37	right	right	ADJ
ftr-441	487	38	answer	answer	NOUN
ftr-441	487	39	than	than	SCONJ
ftr-441	487	40	to	to	PART
ftr-441	487	41	research	research	VERB
ftr-441	487	42	it	it	PRON
ftr-441	487	43	thoroughly	thoroughly	ADV
ftr-441	487	44	;	;	PUNCT
ftr-441	487	45	it	it	PRON
ftr-441	487	46	is	be	AUX
ftr-441	487	47	easier	easy	ADJ
ftr-441	487	48	to	to	PART
ftr-441	487	49	take	take	VERB
ftr-441	487	50	an	an	DET
ftr-441	487	51	aggressive	aggressive	ADJ
ftr-441	487	52	reporting	reporting	NOUN
ftr-441	487	53	position	position	NOUN
ftr-441	487	54	than	than	SCONJ
ftr-441	487	55	it	it	PRON
ftr-441	487	56	is	be	AUX
ftr-441	487	57	to	to	PART
ftr-441	487	58	plan	plan	VERB
ftr-441	487	59	prophylactically	prophylactically	ADV
ftr-441	487	60	;	;	PUNCT
ftr-441	487	61	it	it	PRON
ftr-441	487	62	is	be	AUX
ftr-441	487	63	simpler	simple	ADJ
ftr-441	487	64	to	to	PART
ftr-441	487	65	make	make	VERB
ftr-441	487	66	a	a	DET
ftr-441	487	67	'	'	PUNCT
ftr-441	487	68	reasonable	reasonable	ADJ
ftr-441	487	69	'	'	PUNCT
ftr-441	487	70	estimate	estimate	NOUN
ftr-441	487	71	than	than	SCONJ
ftr-441	487	72	to	to	PART
ftr-441	487	73	compile	compile	VERB
ftr-441	487	74	detailed	detailed	ADJ
ftr-441	487	75	records	record	NOUN
ftr-441	487	76	of	of	ADP
ftr-441	487	77	substantiation	substantiation	NOUN
ftr-441	487	78	)	)	PUNCT
ftr-441	487	79	"	"	PUNCT
ftr-441	487	80	)	)	PUNCT
ftr-441	487	81	;	;	PUNCT
ftr-441	487	82	curtis	curtis	PROPN
ftr-441	487	83	j.	j.	PROPN
ftr-441	487	84	berger	berger	PROPN
ftr-441	487	85	,	,	PUNCT
ftr-441	487	86	w(h)ither	w(h)ither	PROPN
ftr-441	487	87	partnership	partnership	NOUN
ftr-441	487	88	taxation	taxation	PROPN
ftr-441	487	89	?	?	PUNCT
ftr-441	487	90	,	,	PUNCT
ftr-441	487	91	47	47	NUM
ftr-441	487	92	tax	tax	NOUN
ftr-441	487	93	l	l	NOUN
ftr-441	487	94	rev	rev	X
ftr-441	487	95	.	.	PROPN
ftr-441	487	96	105	105	NUM
ftr-441	487	97	,	,	PUNCT
ftr-441	487	98	107	107	NUM
ftr-441	487	99	-	-	SYM
ftr-441	487	100	08	08	NUM
ftr-441	487	101	(	(	PUNCT
ftr-441	487	102	1991	1991	NUM
ftr-441	487	103	)	)	PUNCT
ftr-441	487	104	(	(	PUNCT
ftr-441	487	105	subchapter	subchapter	NOUN
ftr-441	487	106	k	k	PROPN
ftr-441	487	107	"	"	PUNCT
ftr-441	487	108	has	have	AUX
ftr-441	487	109	become	become	VERB
ftr-441	487	110	one	one	NUM
ftr-441	487	111	of	of	ADP
ftr-441	487	112	the	the	DET
ftr-441	487	113	most	most	ADV
ftr-441	487	114	inaccessible	inaccessible	ADJ
ftr-441	487	115	and	and	CCONJ
ftr-441	487	116	burdensome	burdensome	ADJ
ftr-441	487	117	features	feature	NOUN
ftr-441	487	118	of	of	ADP
ftr-441	487	119	the	the	DET
ftr-441	487	120	entire	entire	ADJ
ftr-441	487	121	tax	tax	NOUN
ftr-441	487	122	system	system	NOUN
ftr-441	487	123	"	"	PUNCT
ftr-441	487	124	)	)	PUNCT
ftr-441	487	125	;	;	PUNCT
ftr-441	487	126	burke	burke	PROPN
ftr-441	487	127	,	,	PUNCT
ftr-441	487	128	supra	supra	PROPN
ftr-441	487	129	note	note	PROPN
ftr-441	487	130	49	49	NUM
ftr-441	487	131	,	,	PUNCT
ftr-441	487	132	at	at	ADP
ftr-441	487	133	57	57	NUM
ftr-441	487	134	(	(	PUNCT
ftr-441	487	135	"	"	PUNCT
ftr-441	487	136	ilt	ilt	NOUN
ftr-441	487	137	is	be	AUX
ftr-441	487	138	already	already	ADV
ftr-441	487	139	widely	widely	ADV
ftr-441	487	140	perceived	perceive	VERB
ftr-441	487	141	that	that	SCONJ
ftr-441	487	142	many	many	ADJ
ftr-441	487	143	small	small	ADJ
ftr-441	487	144	(	(	PUNCT
ftr-441	487	145	and	and	CCONJ
ftr-441	487	146	even	even	ADV
ftr-441	487	147	some	some	DET
ftr-441	487	148	large	large	ADJ
ftr-441	487	149	)	)	PUNCT
ftr-441	487	150	partnerships	partnership	NOUN
ftr-441	487	151	fail	fail	VERB
ftr-441	487	152	to	to	PART
ftr-441	487	153	comply	comply	VERB
ftr-441	487	154	strictly	strictly	ADV
ftr-441	487	155	with	with	ADP
ftr-441	487	156	the	the	DET
ftr-441	487	157	detailed	detailed	ADJ
ftr-441	487	158	requirements	requirement	NOUN
ftr-441	487	159	of	of	ADP
ftr-441	487	160	subchapter	subchapter	NOUN
ftr-441	487	161	c	c	NOUN
ftr-441	487	162	'	'	PUNCT
ftr-441	487	163	)	)	PUNCT
ftr-441	487	164	;	;	PUNCT
ftr-441	487	165	pamela	pamela	PROPN
ftr-441	487	166	olson	olson	PROPN
ftr-441	487	167	,	,	PUNCT
ftr-441	487	168	some	some	DET
ftr-441	487	169	thoughts	thought	NOUN
ftr-441	487	170	on	on	ADP
ftr-441	487	171	anti	anti	ADJ
ftr-441	487	172	-	-	ADJ
ftr-441	487	173	abuse	abuse	ADJ
ftr-441	487	174	rules	rule	NOUN
ftr-441	487	175	,	,	PUNCT
ftr-441	487	176	48	48	NUM
ftr-441	487	177	tax	tax	NOUN
ftr-441	487	178	law	law	NOUN
ftr-441	487	179	.	.	PUNCT
ftr-441	488	1	817	817	NUM
ftr-441	488	2	,	,	PUNCT
ftr-441	488	3	824	824	NUM
ftr-441	488	4	(	(	PUNCT
ftr-441	488	5	1995	1995	NUM
ftr-441	488	6	)	)	PUNCT
ftr-441	488	7	;	;	PUNCT
ftr-441	488	8	joseph	joseph	PROPN
ftr-441	488	9	a.	a.	PROPN
ftr-441	488	10	snoe	snoe	PROPN
ftr-441	488	11	,	,	PUNCT
ftr-441	488	12	economic	economic	ADJ
ftr-441	488	13	reality	reality	NOUN
ftr-441	488	14	or	or	CCONJ
ftr-441	488	15	regulatory	regulatory	ADJ
ftr-441	488	16	game	game	NOUN
ftr-441	488	17	playing	playing	NOUN
ftr-441	488	18	?	?	PUNCT
ftr-441	488	19	:	:	PUNCT
ftr-441	488	20	the	the	DET
ftr-441	488	21	too	too	ADV
ftr-441	488	22	many	many	ADJ
ftr-441	488	23	fictions	fiction	NOUN
ftr-441	488	24	of	of	ADP
ftr-441	488	25	the	the	DET
ftr-441	488	26	§	§	PROPN
ftr-441	488	27	752	752	NUM
ftr-441	488	28	liability	liability	NOUN
ftr-441	488	29	allocation	allocation	NOUN
ftr-441	488	30	regulations	regulation	NOUN
ftr-441	488	31	,	,	PUNCT
ftr-441	488	32	24	24	NUM
ftr-441	488	33	seton	seton	PROPN
ftr-441	488	34	hall	hall	PROPN
ftr-441	488	35	l.	l.	PROPN
ftr-441	488	36	rev	rev	PROPN
ftr-441	488	37	.	.	PROPN
ftr-441	488	38	1887	1887	NUM
ftr-441	488	39	,	,	PUNCT
ftr-441	488	40	1888	1888	NUM
ftr-441	488	41	-	-	SYM
ftr-441	488	42	90	90	NUM
ftr-441	488	43	(	(	PUNCT
ftr-441	488	44	1994	1994	NUM
ftr-441	488	45	)	)	PUNCT
ftr-441	488	46	.	.	PUNCT
ftr-441	489	1	in	in	ADP
ftr-441	489	2	the	the	DET
ftr-441	489	3	allocation	allocation	NOUN
ftr-441	489	4	area	area	NOUN
ftr-441	489	5	,	,	PUNCT
ftr-441	489	6	noncompliance	noncompliance	NOUN
ftr-441	489	7	might	might	AUX
ftr-441	489	8	be	be	AUX
ftr-441	489	9	broken	break	VERB
ftr-441	489	10	down	down	ADP
ftr-441	489	11	into	into	ADP
ftr-441	489	12	at	at	ADV
ftr-441	489	13	least	least	ADV
ftr-441	489	14	three	three	NUM
ftr-441	489	15	categories	category	NOUN
ftr-441	489	16	:	:	PUNCT
ftr-441	489	17	failure	failure	NOUN
ftr-441	489	18	to	to	PART
ftr-441	489	19	establish	establish	VERB
ftr-441	489	20	and	and	CCONJ
ftr-441	489	21	utilize	utilize	VERB
ftr-441	489	22	mandated	mandate	VERB
ftr-441	489	23	procedures	procedure	NOUN
ftr-441	489	24	(	(	PUNCT
ftr-441	489	25	for	for	ADP
ftr-441	489	26	example	example	NOUN
ftr-441	489	27	,	,	PUNCT
ftr-441	489	28	failure	failure	NOUN
ftr-441	489	29	to	to	ADP
ftr-441	489	30	19991	19991	NUM
ftr-441	489	31	florida	florida	PROPN
ftr-441	489	32	tax	tax	PROPN
ftr-441	489	33	review	review	NOUN
ftr-441	489	34	expert	expert	NOUN
ftr-441	489	35	,	,	PUNCT
ftr-441	489	36	a	a	DET
ftr-441	489	37	former	former	ADJ
ftr-441	489	38	chief	chief	ADJ
ftr-441	489	39	counsel	counsel	NOUN
ftr-441	489	40	of	of	ADP
ftr-441	489	41	the	the	DET
ftr-441	489	42	irs	irs	PROPN
ftr-441	489	43	and	and	CCONJ
ftr-441	489	44	chair	chair	NOUN
ftr-441	489	45	of	of	ADP
ftr-441	489	46	the	the	DET
ftr-441	489	47	aba	aba	PROPN
ftr-441	489	48	section	section	NOUN
ftr-441	489	49	of	of	ADP
ftr-441	489	50	taxation	taxation	NOUN
ftr-441	489	51	,	,	PUNCT
ftr-441	489	52	has	have	AUX
ftr-441	489	53	conceded	concede	VERB
ftr-441	489	54	the	the	DET
ftr-441	489	55	need	need	NOUN
ftr-441	489	56	to	to	PART
ftr-441	489	57	enlist	enlist	VERB
ftr-441	489	58	expert	expert	ADJ
ftr-441	489	59	assistance	assistance	NOUN
ftr-441	489	60	to	to	PART
ftr-441	489	61	give	give	VERB
ftr-441	489	62	advice	advice	NOUN
ftr-441	489	63	on	on	ADP
ftr-441	489	64	core	core	ADJ
ftr-441	489	65	portions	portion	NOUN
ftr-441	489	66	of	of	ADP
ftr-441	489	67	the	the	DET
ftr-441	489	68	partnership	partnership	NOUN
ftr-441	489	69	tax	tax	NOUN
ftr-441	489	70	law	law	NOUN
ftr-441	489	71	.	.	PUNCT
ftr-441	489	72	'	'	PUNCT
ftr-441	490	1	in	in	ADP
ftr-441	490	2	addition	addition	NOUN
ftr-441	490	3	,	,	PUNCT
ftr-441	490	4	the	the	DET
ftr-441	490	5	general	general	ADJ
ftr-441	490	6	accounting	accounting	NOUN
ftr-441	490	7	office	office	NOUN
ftr-441	490	8	has	have	AUX
ftr-441	490	9	reported	report	VERB
ftr-441	490	10	on	on	ADP
ftr-441	490	11	the	the	DET
ftr-441	490	12	ineffectual	ineffectual	ADJ
ftr-441	490	13	nature	nature	NOUN
ftr-441	490	14	of	of	ADP
ftr-441	490	15	the	the	DET
ftr-441	490	16	irs	irs	PROPN
ftr-441	490	17	's	's	PART
ftr-441	490	18	strategy	strategy	NOUN
ftr-441	490	19	for	for	ADP
ftr-441	490	20	insuring	insure	VERB
ftr-441	490	21	compliance	compliance	NOUN
ftr-441	490	22	among	among	ADP
ftr-441	490	23	partnerships	partnership	NOUN
ftr-441	490	24	and	and	CCONJ
ftr-441	490	25	their	their	PRON
ftr-441	490	26	partners	partner	NOUN
ftr-441	490	27	.	.	PUNCT
ftr-441	491	1	65	65	NUM
ftr-441	491	2	furthermore	furthermore	ADV
ftr-441	491	3	,	,	PUNCT
ftr-441	491	4	as	as	SCONJ
ftr-441	491	5	noted	note	VERB
ftr-441	491	6	above	above	ADV
ftr-441	491	7	,	,	PUNCT
ftr-441	491	8	the	the	DET
ftr-441	491	9	partnership	partnership	NOUN
ftr-441	491	10	tax	tax	NOUN
ftr-441	491	11	rules	rule	NOUN
ftr-441	491	12	were	be	AUX
ftr-441	491	13	made	make	VERB
ftr-441	491	14	even	even	ADV
ftr-441	491	15	more	more	ADV
ftr-441	491	16	difficult	difficult	ADJ
ftr-441	491	17	by	by	ADP
ftr-441	491	18	the	the	DET
ftr-441	491	19	recent	recent	ADJ
ftr-441	491	20	adoption	adoption	NOUN
ftr-441	491	21	of	of	ADP
ftr-441	491	22	a	a	DET
ftr-441	491	23	general	general	ADJ
ftr-441	491	24	"	"	PUNCT
ftr-441	491	25	anti	anti	ADJ
ftr-441	491	26	-	-	ADJ
ftr-441	491	27	abuse	abuse	ADJ
ftr-441	491	28	"	"	PUNCT
ftr-441	491	29	regulation	regulation	NOUN
ftr-441	491	30	in	in	ADP
ftr-441	491	31	subchapter	subchapter	NOUN
ftr-441	491	32	k.	k.	PROPN
ftr-441	492	1	although	although	SCONJ
ftr-441	492	2	there	there	PRON
ftr-441	492	3	continues	continue	VERB
ftr-441	492	4	to	to	PART
ftr-441	492	5	be	be	AUX
ftr-441	492	6	some	some	DET
ftr-441	492	7	disagreement	disagreement	NOUN
ftr-441	492	8	as	as	ADP
ftr-441	492	9	to	to	ADP
ftr-441	492	10	the	the	DET
ftr-441	492	11	meaning	meaning	NOUN
ftr-441	492	12	and	and	CCONJ
ftr-441	492	13	scope	scope	NOUN
ftr-441	492	14	of	of	ADP
ftr-441	492	15	the	the	DET
ftr-441	492	16	regulation	regulation	NOUN
ftr-441	492	17	,	,	PUNCT
ftr-441	492	18	as	as	ADV
ftr-441	492	19	well	well	ADV
ftr-441	492	20	as	as	ADP
ftr-441	492	21	its	its	PRON
ftr-441	492	22	wisdom	wisdom	NOUN
ftr-441	492	23	and	and	CCONJ
ftr-441	492	24	validity,66	validity,66	VERB
ftr-441	492	25	the	the	DET
ftr-441	492	26	adoption	adoption	NOUN
ftr-441	492	27	of	of	ADP
ftr-441	492	28	the	the	DET
ftr-441	492	29	regulation	regulation	NOUN
ftr-441	492	30	is	be	AUX
ftr-441	492	31	certainly	certainly	ADV
ftr-441	492	32	not	not	PART
ftr-441	492	33	a	a	DET
ftr-441	492	34	positive	positive	ADJ
ftr-441	492	35	maintain	maintain	NOUN
ftr-441	492	36	book	book	NOUN
ftr-441	492	37	capital	capital	NOUN
ftr-441	492	38	accounts	account	NOUN
ftr-441	492	39	in	in	ADP
ftr-441	492	40	the	the	DET
ftr-441	492	41	required	require	VERB
ftr-441	492	42	manner	manner	NOUN
ftr-441	492	43	or	or	CCONJ
ftr-441	492	44	failure	failure	NOUN
ftr-441	492	45	to	to	PART
ftr-441	492	46	include	include	VERB
ftr-441	492	47	certain	certain	ADJ
ftr-441	492	48	boilerplate	boilerplate	ADJ
ftr-441	492	49	provisions	provision	NOUN
ftr-441	492	50	in	in	ADP
ftr-441	492	51	the	the	DET
ftr-441	492	52	partnership	partnership	NOUN
ftr-441	492	53	agreement	agreement	NOUN
ftr-441	492	54	)	)	PUNCT
ftr-441	492	55	,	,	PUNCT
ftr-441	492	56	failure	failure	NOUN
ftr-441	492	57	actually	actually	ADV
ftr-441	492	58	to	to	PART
ftr-441	492	59	follow	follow	VERB
ftr-441	492	60	through	through	ADP
ftr-441	492	61	on	on	ADP
ftr-441	492	62	provisions	provision	NOUN
ftr-441	492	63	in	in	ADP
ftr-441	492	64	the	the	DET
ftr-441	492	65	partnership	partnership	NOUN
ftr-441	492	66	agreement	agreement	NOUN
ftr-441	492	67	mandated	mandate	VERB
ftr-441	492	68	by	by	ADP
ftr-441	492	69	the	the	DET
ftr-441	492	70	tax	tax	NOUN
ftr-441	492	71	authorities	authority	NOUN
ftr-441	492	72	(	(	PUNCT
ftr-441	492	73	for	for	ADP
ftr-441	492	74	example	example	NOUN
ftr-441	492	75	,	,	PUNCT
ftr-441	492	76	refusal	refusal	NOUN
ftr-441	492	77	by	by	ADP
ftr-441	492	78	the	the	DET
ftr-441	492	79	partners	partner	NOUN
ftr-441	492	80	to	to	PART
ftr-441	492	81	make	make	VERB
ftr-441	492	82	liquidating	liquidating	NOUN
ftr-441	492	83	distributions	distribution	NOUN
ftr-441	492	84	in	in	ADP
ftr-441	492	85	accordance	accordance	NOUN
ftr-441	492	86	with	with	ADP
ftr-441	492	87	their	their	PRON
ftr-441	492	88	capital	capital	NOUN
ftr-441	492	89	account	account	NOUN
ftr-441	492	90	balances	balance	NOUN
ftr-441	492	91	despite	despite	SCONJ
ftr-441	492	92	statements	statement	NOUN
ftr-441	492	93	in	in	ADP
ftr-441	492	94	the	the	DET
ftr-441	492	95	agreement	agreement	NOUN
ftr-441	492	96	that	that	PRON
ftr-441	492	97	they	they	PRON
ftr-441	492	98	will	will	AUX
ftr-441	492	99	do	do	VERB
ftr-441	492	100	so	so	ADV
ftr-441	492	101	)	)	PUNCT
ftr-441	492	102	,	,	PUNCT
ftr-441	492	103	and	and	CCONJ
ftr-441	492	104	failure	failure	NOUN
ftr-441	492	105	to	to	PART
ftr-441	492	106	satisfy	satisfy	VERB
ftr-441	492	107	legal	legal	ADJ
ftr-441	492	108	standards	standard	NOUN
ftr-441	492	109	(	(	PUNCT
ftr-441	492	110	for	for	ADP
ftr-441	492	111	example	example	NOUN
ftr-441	492	112	,	,	PUNCT
ftr-441	492	113	failure	failure	NOUN
ftr-441	492	114	to	to	PART
ftr-441	492	115	meet	meet	VERB
ftr-441	492	116	the	the	DET
ftr-441	492	117	substantiality	substantiality	NOUN
ftr-441	492	118	test	test	NOUN
ftr-441	492	119	)	)	PUNCT
ftr-441	492	120	.	.	PUNCT
ftr-441	493	1	one	one	NUM
ftr-441	493	2	suspects	suspect	VERB
ftr-441	493	3	that	that	SCONJ
ftr-441	493	4	many	many	ADJ
ftr-441	493	5	smaller	small	ADJ
ftr-441	493	6	partnerships	partnership	NOUN
ftr-441	493	7	that	that	PRON
ftr-441	493	8	are	be	AUX
ftr-441	493	9	not	not	PART
ftr-441	493	10	particularly	particularly	ADV
ftr-441	493	11	well	well	ADV
ftr-441	493	12	-	-	PUNCT
ftr-441	493	13	advised	advise	VERB
ftr-441	493	14	never	never	ADV
ftr-441	493	15	even	even	ADV
ftr-441	493	16	encounter	encounter	VERB
ftr-441	493	17	the	the	DET
ftr-441	493	18	second	second	ADJ
ftr-441	493	19	and	and	CCONJ
ftr-441	493	20	third	third	ADJ
ftr-441	493	21	set	set	NOUN
ftr-441	493	22	of	of	ADP
ftr-441	493	23	issues	issue	NOUN
ftr-441	493	24	because	because	SCONJ
ftr-441	493	25	of	of	ADP
ftr-441	493	26	their	their	PRON
ftr-441	493	27	failure	failure	NOUN
ftr-441	493	28	to	to	PART
ftr-441	493	29	satisfy	satisfy	VERB
ftr-441	493	30	one	one	NUM
ftr-441	493	31	or	or	CCONJ
ftr-441	493	32	more	more	ADJ
ftr-441	493	33	of	of	ADP
ftr-441	493	34	the	the	DET
ftr-441	493	35	first	first	ADJ
ftr-441	493	36	type	type	NOUN
ftr-441	493	37	of	of	ADP
ftr-441	493	38	requirements	requirement	NOUN
ftr-441	493	39	.	.	PUNCT
ftr-441	494	1	larger	large	ADJ
ftr-441	494	2	and	and	CCONJ
ftr-441	494	3	better	well	ADV
ftr-441	494	4	-	-	PUNCT
ftr-441	494	5	advised	advise	VERB
ftr-441	494	6	partnerships	partnership	NOUN
ftr-441	494	7	may	may	AUX
ftr-441	494	8	,	,	PUNCT
ftr-441	494	9	in	in	ADP
ftr-441	494	10	fact	fact	NOUN
ftr-441	494	11	,	,	PUNCT
ftr-441	494	12	clear	clear	ADJ
ftr-441	494	13	the	the	DET
ftr-441	494	14	first	first	ADJ
ftr-441	494	15	hurdle	hurdle	NOUN
ftr-441	494	16	by	by	ADP
ftr-441	494	17	meeting	meet	VERB
ftr-441	494	18	the	the	DET
ftr-441	494	19	technical	technical	ADJ
ftr-441	494	20	requirements	requirement	NOUN
ftr-441	494	21	of	of	ADP
ftr-441	494	22	the	the	DET
ftr-441	494	23	first	first	ADJ
ftr-441	494	24	category	category	NOUN
ftr-441	494	25	of	of	ADP
ftr-441	494	26	issues	issue	NOUN
ftr-441	494	27	,	,	PUNCT
ftr-441	494	28	but	but	CCONJ
ftr-441	494	29	there	there	PRON
ftr-441	494	30	is	be	VERB
ftr-441	494	31	still	still	ADV
ftr-441	494	32	doubt	doubt	ADV
ftr-441	494	33	whether	whether	SCONJ
ftr-441	494	34	their	their	PRON
ftr-441	494	35	actual	actual	ADJ
ftr-441	494	36	behavior	behavior	NOUN
ftr-441	494	37	conforms	conform	VERB
ftr-441	494	38	to	to	ADP
ftr-441	494	39	the	the	DET
ftr-441	494	40	specific	specific	ADJ
ftr-441	494	41	provisions	provision	NOUN
ftr-441	494	42	of	of	ADP
ftr-441	494	43	their	their	PRON
ftr-441	494	44	agreements	agreement	NOUN
ftr-441	494	45	.	.	PUNCT
ftr-441	495	1	recall	recall	VERB
ftr-441	495	2	that	that	SCONJ
ftr-441	495	3	in	in	ADP
ftr-441	495	4	the	the	DET
ftr-441	495	5	classic	classic	ADJ
ftr-441	495	6	case	case	NOUN
ftr-441	495	7	of	of	ADP
ftr-441	495	8	orrisch	orrisch	NOUN
ftr-441	495	9	v.	v.	ADP
ftr-441	495	10	commissioner	commissioner	NOUN
ftr-441	495	11	,	,	PUNCT
ftr-441	495	12	55	55	NUM
ftr-441	495	13	t.c	t.c	NOUN
ftr-441	495	14	.	.	PROPN
ftr-441	496	1	395	395	NUM
ftr-441	496	2	(	(	PUNCT
ftr-441	496	3	1970	1970	NUM
ftr-441	496	4	)	)	PUNCT
ftr-441	496	5	,	,	PUNCT
ftr-441	496	6	aff'd	aff'd	NOUN
ftr-441	496	7	per	per	ADP
ftr-441	496	8	curiam	curiam	NOUN
ftr-441	496	9	,	,	PUNCT
ftr-441	496	10	31	31	NUM
ftr-441	496	11	a.f.t.r.2d	a.f.t.r.2d	NOUN
ftr-441	496	12	73	73	NUM
ftr-441	496	13	-	-	SYM
ftr-441	496	14	1069	1069	NUM
ftr-441	496	15	(	(	PUNCT
ftr-441	496	16	9th	9th	ADJ
ftr-441	496	17	cir	cir	NOUN
ftr-441	496	18	.	.	PROPN
ftr-441	496	19	1973	1973	NUM
ftr-441	496	20	)	)	PUNCT
ftr-441	496	21	,	,	PUNCT
ftr-441	496	22	where	where	SCONJ
ftr-441	496	23	the	the	DET
ftr-441	496	24	special	special	ADJ
ftr-441	496	25	allocation	allocation	NOUN
ftr-441	496	26	of	of	ADP
ftr-441	496	27	the	the	DET
ftr-441	496	28	taxpayers	taxpayer	NOUN
ftr-441	496	29	was	be	AUX
ftr-441	496	30	invalidated	invalidated	ADJ
ftr-441	496	31	,	,	PUNCT
ftr-441	496	32	the	the	DET
ftr-441	496	33	problem	problem	NOUN
ftr-441	496	34	was	be	AUX
ftr-441	496	35	not	not	PART
ftr-441	496	36	the	the	DET
ftr-441	496	37	taxpayers	taxpayer	NOUN
ftr-441	496	38	'	'	PART
ftr-441	496	39	failure	failure	NOUN
ftr-441	496	40	to	to	PART
ftr-441	496	41	maintain	maintain	VERB
ftr-441	496	42	capital	capital	NOUN
ftr-441	496	43	accounts	account	NOUN
ftr-441	496	44	correctly	correctly	ADV
ftr-441	496	45	but	but	CCONJ
ftr-441	496	46	,	,	PUNCT
ftr-441	496	47	instead	instead	ADV
ftr-441	496	48	,	,	PUNCT
ftr-441	496	49	doubt	doubt	VERB
ftr-441	496	50	on	on	ADP
ftr-441	496	51	the	the	DET
ftr-441	496	52	part	part	NOUN
ftr-441	496	53	of	of	ADP
ftr-441	496	54	the	the	DET
ftr-441	496	55	court	court	NOUN
ftr-441	496	56	that	that	PRON
ftr-441	496	57	the	the	DET
ftr-441	496	58	taxpayers	taxpayer	NOUN
ftr-441	496	59	would	would	AUX
ftr-441	496	60	actually	actually	ADV
ftr-441	496	61	respect	respect	VERB
ftr-441	496	62	the	the	DET
ftr-441	496	63	account	account	NOUN
ftr-441	496	64	balances	balance	NOUN
ftr-441	496	65	when	when	SCONJ
ftr-441	496	66	a	a	DET
ftr-441	496	67	liquidation	liquidation	NOUN
ftr-441	496	68	took	take	VERB
ftr-441	496	69	place	place	NOUN
ftr-441	496	70	.	.	PUNCT
ftr-441	497	1	at	at	ADP
ftr-441	497	2	a	a	DET
ftr-441	497	3	1996	1996	NUM
ftr-441	497	4	aba	aba	PROPN
ftr-441	497	5	tax	tax	NOUN
ftr-441	497	6	section	section	NOUN
ftr-441	497	7	meeting	meeting	NOUN
ftr-441	497	8	of	of	ADP
ftr-441	497	9	the	the	DET
ftr-441	497	10	partnership	partnership	NOUN
ftr-441	497	11	committee	committee	NOUN
ftr-441	497	12	,	,	PUNCT
ftr-441	497	13	there	there	PRON
ftr-441	497	14	was	be	VERB
ftr-441	497	15	a	a	DET
ftr-441	497	16	similar	similar	ADJ
ftr-441	497	17	discussion	discussion	NOUN
ftr-441	497	18	regarding	regard	VERB
ftr-441	497	19	whether	whether	SCONJ
ftr-441	497	20	clients	client	NOUN
ftr-441	497	21	really	really	ADV
ftr-441	497	22	permit	permit	VERB
ftr-441	497	23	liquidating	liquidating	NOUN
ftr-441	497	24	distributions	distribution	NOUN
ftr-441	497	25	to	to	PART
ftr-441	497	26	be	be	AUX
ftr-441	497	27	made	make	VERB
ftr-441	497	28	in	in	ADP
ftr-441	497	29	accordance	accordance	NOUN
ftr-441	497	30	with	with	ADP
ftr-441	497	31	their	their	PRON
ftr-441	497	32	capital	capital	NOUN
ftr-441	497	33	account	account	NOUN
ftr-441	497	34	balances	balance	NOUN
ftr-441	497	35	when	when	SCONJ
ftr-441	497	36	their	their	PRON
ftr-441	497	37	agreement	agreement	NOUN
ftr-441	497	38	specifies	specifie	NOUN
ftr-441	497	39	that	that	PRON
ftr-441	497	40	outcome	outcome	VERB
ftr-441	497	41	.	.	PUNCT
ftr-441	498	1	finally	finally	ADV
ftr-441	498	2	,	,	PUNCT
ftr-441	498	3	because	because	SCONJ
ftr-441	498	4	of	of	ADP
ftr-441	498	5	the	the	DET
ftr-441	498	6	amorphous	amorphous	ADJ
ftr-441	498	7	nature	nature	NOUN
ftr-441	498	8	of	of	ADP
ftr-441	498	9	the	the	DET
ftr-441	498	10	substantiality	substantiality	NOUN
ftr-441	498	11	test	test	NOUN
ftr-441	498	12	,	,	PUNCT
ftr-441	498	13	there	there	PRON
ftr-441	498	14	is	be	VERB
ftr-441	498	15	serious	serious	ADJ
ftr-441	498	16	question	question	NOUN
ftr-441	498	17	whether	whether	SCONJ
ftr-441	498	18	those	those	DET
ftr-441	498	19	partnerships	partnership	NOUN
ftr-441	498	20	satisfying	satisfy	VERB
ftr-441	498	21	the	the	DET
ftr-441	498	22	first	first	ADJ
ftr-441	498	23	two	two	NUM
ftr-441	498	24	hurdles	hurdle	NOUN
ftr-441	498	25	in	in	ADP
ftr-441	498	26	fact	fact	NOUN
ftr-441	498	27	comply	comply	VERB
ftr-441	498	28	with	with	ADP
ftr-441	498	29	the	the	DET
ftr-441	498	30	third	third	ADJ
ftr-441	498	31	.	.	PUNCT
ftr-441	499	1	64	64	NUM
ftr-441	499	2	.	.	PUNCT
ftr-441	500	1	see	see	VERB
ftr-441	500	2	n.	n.	PROPN
ftr-441	500	3	jerold	jerold	PROPN
ftr-441	500	4	cohen	cohen	PROPN
ftr-441	500	5	,	,	PUNCT
ftr-441	500	6	it	it	PRON
ftr-441	500	7	always	always	ADV
ftr-441	500	8	looks	look	VERB
ftr-441	500	9	better	well	ADJ
ftr-441	500	10	when	when	SCONJ
ftr-441	500	11	you	you	PRON
ftr-441	500	12	look	look	VERB
ftr-441	500	13	back	back	ADV
ftr-441	500	14	,	,	PUNCT
ftr-441	500	15	46	46	NUM
ftr-441	500	16	tax	tax	NOUN
ftr-441	500	17	law	law	NOUN
ftr-441	500	18	.	.	PUNCT
ftr-441	501	1	683	683	NUM
ftr-441	501	2	,	,	PUNCT
ftr-441	501	3	684	684	NUM
ftr-441	501	4	(	(	PUNCT
ftr-441	501	5	1993	1993	NUM
ftr-441	501	6	)	)	PUNCT
ftr-441	501	7	.	.	PUNCT
ftr-441	502	1	65	65	NUM
ftr-441	502	2	.	.	PUNCT
ftr-441	503	1	see	see	VERB
ftr-441	503	2	u.s	u.s	PROPN
ftr-441	503	3	.	.	PROPN
ftr-441	503	4	general	general	ADJ
ftr-441	503	5	accounting	accounting	PROPN
ftr-441	503	6	office	office	PROPN
ftr-441	503	7	,	,	PUNCT
ftr-441	503	8	irs	irs	PROPN
ftr-441	503	9	'	'	PART
ftr-441	503	10	partnership	partnership	NOUN
ftr-441	503	11	compliance	compliance	NOUN
ftr-441	503	12	activities	activity	NOUN
ftr-441	503	13	could	could	AUX
ftr-441	503	14	be	be	AUX
ftr-441	503	15	improved	improve	VERB
ftr-441	503	16	,	,	PUNCT
ftr-441	503	17	gao	gao	PROPN
ftr-441	503	18	/	/	SYM
ftr-441	503	19	ggd-95	ggd-95	NOUN
ftr-441	503	20	-	-	PUNCT
ftr-441	503	21	151	151	NUM
ftr-441	503	22	(	(	PUNCT
ftr-441	503	23	1995	1995	NUM
ftr-441	503	24	)	)	PUNCT
ftr-441	503	25	,	,	PUNCT
ftr-441	503	26	reprinted	reprint	VERB
ftr-441	503	27	in	in	ADP
ftr-441	503	28	95	95	NUM
ftr-441	503	29	tnt	tnt	NOUN
ftr-441	503	30	118	118	NUM
ftr-441	503	31	-	-	SYM
ftr-441	503	32	21	21	NUM
ftr-441	503	33	(	(	PUNCT
ftr-441	503	34	june	june	PROPN
ftr-441	503	35	19	19	NUM
ftr-441	503	36	,	,	PUNCT
ftr-441	503	37	1995	1995	NUM
ftr-441	503	38	)	)	PUNCT
ftr-441	503	39	(	(	PUNCT
ftr-441	503	40	lexis	lexis	X
ftr-441	503	41	,	,	PUNCT
ftr-441	503	42	fedtax	fedtax	NOUN
ftr-441	503	43	library	library	NOUN
ftr-441	503	44	,	,	PUNCT
ftr-441	503	45	tnt	tnt	NOUN
ftr-441	503	46	file	file	NOUN
ftr-441	503	47	)	)	PUNCT
ftr-441	503	48	.	.	PUNCT
ftr-441	504	1	the	the	DET
ftr-441	504	2	irs	irs	PROPN
ftr-441	504	3	is	be	AUX
ftr-441	504	4	attempting	attempt	VERB
ftr-441	504	5	to	to	PART
ftr-441	504	6	increase	increase	VERB
ftr-441	504	7	its	its	PRON
ftr-441	504	8	audit	audit	NOUN
ftr-441	504	9	coverage	coverage	NOUN
ftr-441	504	10	of	of	ADP
ftr-441	504	11	partnership	partnership	NOUN
ftr-441	504	12	returns	return	NOUN
ftr-441	504	13	.	.	PUNCT
ftr-441	505	1	see	see	VERB
ftr-441	505	2	internal	internal	ADJ
ftr-441	505	3	revenue	revenue	NOUN
ftr-441	505	4	service	service	NOUN
ftr-441	505	5	,	,	PUNCT
ftr-441	505	6	examination	examination	NOUN
ftr-441	505	7	program	program	NOUN
ftr-441	505	8	letter	letter	NOUN
ftr-441	505	9	-	-	PUNCT
ftr-441	505	10	fy	fy	PROPN
ftr-441	505	11	1997	1997	NUM
ftr-441	505	12	(	(	PUNCT
ftr-441	505	13	nov	nov	PROPN
ftr-441	505	14	.	.	PROPN
ftr-441	505	15	1996	1996	NUM
ftr-441	505	16	)	)	PUNCT
ftr-441	505	17	,	,	PUNCT
ftr-441	505	18	p.	p.	NOUN
ftr-441	505	19	7	7	NUM
ftr-441	505	20	,	,	PUNCT
ftr-441	505	21	reprinted	reprint	VERB
ftr-441	505	22	in	in	ADP
ftr-441	505	23	97	97	NUM
ftr-441	505	24	tnt	tnt	PROPN
ftr-441	505	25	32	32	NUM
ftr-441	505	26	-	-	SYM
ftr-441	505	27	45	45	NUM
ftr-441	505	28	(	(	PUNCT
ftr-441	505	29	feb	feb	PROPN
ftr-441	505	30	.	.	PROPN
ftr-441	505	31	18	18	NUM
ftr-441	505	32	,	,	PUNCT
ftr-441	505	33	1997	1997	NUM
ftr-441	505	34	)	)	PUNCT
ftr-441	505	35	(	(	PUNCT
ftr-441	505	36	lexis	lexis	X
ftr-441	505	37	,	,	PUNCT
ftr-441	505	38	fedtax	fedtax	NOUN
ftr-441	505	39	library	library	NOUN
ftr-441	505	40	,	,	PUNCT
ftr-441	505	41	tnt	tnt	NOUN
ftr-441	505	42	file	file	NOUN
ftr-441	505	43	)	)	PUNCT
ftr-441	505	44	;	;	PUNCT
ftr-441	505	45	phil	phil	PROPN
ftr-441	505	46	brand	brand	PROPN
ftr-441	505	47	,	,	PUNCT
ftr-441	505	48	irs	irs	PROPN
ftr-441	505	49	releases	release	VERB
ftr-441	505	50	1997	1997	NUM
ftr-441	505	51	examination	examination	NOUN
ftr-441	505	52	program	program	NOUN
ftr-441	505	53	letter	letter	NOUN
ftr-441	505	54	,	,	PUNCT
ftr-441	505	55	28	28	NUM
ftr-441	505	56	tax	tax	NOUN
ftr-441	505	57	adviser	adviser	NOUN
ftr-441	505	58	242	242	NUM
ftr-441	505	59	(	(	PUNCT
ftr-441	505	60	1997	1997	NUM
ftr-441	505	61	)	)	PUNCT
ftr-441	505	62	.	.	PUNCT
ftr-441	506	1	66	66	NUM
ftr-441	506	2	.	.	PUNCT
ftr-441	507	1	some	some	DET
ftr-441	507	2	commentary	commentary	NOUN
ftr-441	507	3	on	on	ADP
ftr-441	507	4	the	the	DET
ftr-441	507	5	final	final	ADJ
ftr-441	507	6	version	version	NOUN
ftr-441	507	7	of	of	ADP
ftr-441	507	8	the	the	DET
ftr-441	507	9	anti	anti	ADJ
ftr-441	507	10	-	-	ADJ
ftr-441	507	11	abuse	abuse	ADJ
ftr-441	507	12	regulation	regulation	NOUN
ftr-441	507	13	includes	include	VERB
ftr-441	507	14	sheldon	sheldon	PROPN
ftr-441	507	15	i.	i.	PROPN
ftr-441	507	16	banoff	banoff	PROPN
ftr-441	507	17	,	,	PUNCT
ftr-441	507	18	anatomy	anatomy	NOUN
ftr-441	507	19	of	of	ADP
ftr-441	507	20	an	an	DET
ftr-441	507	21	antiabuse	antiabuse	NOUN
ftr-441	507	22	rule	rule	NOUN
ftr-441	507	23	:	:	PUNCT
ftr-441	507	24	what	what	PRON
ftr-441	507	25	's	be	AUX
ftr-441	507	26	really	really	ADV
ftr-441	507	27	wrong	wrong	ADJ
ftr-441	507	28	with	with	ADP
ftr-441	507	29	reg	reg	NOUN
ftr-441	507	30	.	.	PUNCT
ftr-441	508	1	section	section	NOUN
ftr-441	508	2	1.701	1.701	NUM
ftr-441	508	3	-	-	SYM
ftr-441	508	4	2	2	NUM
ftr-441	508	5	,	,	PUNCT
ftr-441	508	6	66	66	NUM
ftr-441	508	7	tax	tax	NOUN
ftr-441	508	8	notes	note	NOUN
ftr-441	508	9	1859	1859	NUM
ftr-441	508	10	(	(	PUNCT
ftr-441	508	11	mar	mar	PROPN
ftr-441	508	12	.	.	PROPN
ftr-441	508	13	20	20	NUM
ftr-441	508	14	,	,	PUNCT
ftr-441	508	15	1995	1995	NUM
ftr-441	508	16	)	)	PUNCT
ftr-441	508	17	;	;	PUNCT
ftr-441	508	18	banoff	banoff	NOUN
ftr-441	508	19	,	,	PUNCT
ftr-441	508	20	supra	supra	PROPN
ftr-441	508	21	note	note	PROPN
ftr-441	508	22	63	63	NUM
ftr-441	508	23	;	;	PUNCT
ftr-441	508	24	frank	frank	PROPN
ftr-441	508	25	v.	v.	ADP
ftr-441	508	26	battle	battle	PROPN
ftr-441	508	27	,	,	PUNCT
ftr-441	508	28	jr	jr	PROPN
ftr-441	508	29	.	.	PROPN
ftr-441	508	30	,	,	PUNCT
ftr-441	508	31	the	the	DET
ftr-441	508	32	appropriateness	appropriateness	NOUN
ftr-441	508	33	of	of	ADP
ftr-441	508	34	anti	anti	ADJ
ftr-441	508	35	-	-	ADJ
ftr-441	508	36	abuse	abuse	ADJ
ftr-441	508	37	rules	rule	NOUN
ftr-441	508	38	in	in	ADP
ftr-441	508	39	the	the	DET
ftr-441	508	40	u.s	u.s	PROPN
ftr-441	508	41	.	.	PROPN
ftr-441	508	42	income	income	NOUN
ftr-441	508	43	tax	tax	NOUN
ftr-441	508	44	system	system	NOUN
ftr-441	508	45	,	,	PUNCT
ftr-441	508	46	48	48	NUM
ftr-441	508	47	tax	tax	NOUN
ftr-441	508	48	law	law	NOUN
ftr-441	508	49	.	.	PUNCT
ftr-441	509	1	801	801	NUM
ftr-441	509	2	(	(	PUNCT
ftr-441	509	3	1995	1995	NUM
ftr-441	509	4	)	)	PUNCT
ftr-441	509	5	;	;	PUNCT
ftr-441	509	6	michael	michael	PROPN
ftr-441	509	7	j.	j.	PROPN
ftr-441	509	8	grace	grace	PROPN
ftr-441	509	9	,	,	PUNCT
ftr-441	509	10	final	final	ADJ
ftr-441	509	11	anti	anti	ADJ
ftr-441	509	12	-	-	ADJ
ftr-441	509	13	abuse	abuse	ADJ
ftr-441	509	14	regulation	regulation	NOUN
ftr-441	509	15	expanded	expand	VERB
ftr-441	509	16	and	and	CCONJ
ftr-441	509	17	clarified	clarify	VERB
ftr-441	509	18	,	,	PUNCT
ftr-441	509	19	but	but	CCONJ
ftr-441	509	20	uncertainties	uncertainty	NOUN
ftr-441	509	21	remain	remain	VERB
ftr-441	509	22	,	,	PUNCT
ftr-441	509	23	12	12	NUM
ftr-441	509	24	j.	j.	PROPN
ftr-441	509	25	partnership	partnership	PROPN
ftr-441	509	26	tax'n	tax'n	ADJ
ftr-441	509	27	91	91	NUM
ftr-441	509	28	(	(	PUNCT
ftr-441	509	29	1995	1995	NUM
ftr-441	509	30	)	)	PUNCT
ftr-441	509	31	;	;	PUNCT
ftr-441	509	32	daniel	daniel	PROPN
ftr-441	509	33	halperin	halperin	PROPN
ftr-441	509	34	,	,	PUNCT
ftr-441	509	35	are	be	AUX
ftr-441	509	36	anti	anti	ADJ
ftr-441	509	37	-	-	ADJ
ftr-441	509	38	abuse	abuse	ADJ
ftr-441	509	39	rules	rule	NOUN
ftr-441	509	40	appropriate	appropriate	ADJ
ftr-441	509	41	?	?	PUNCT
ftr-441	509	42	,	,	PUNCT
ftr-441	509	43	48	48	NUM
ftr-441	509	44	tax	tax	NOUN
ftr-441	509	45	law	law	NOUN
ftr-441	509	46	.	.	PUNCT
ftr-441	510	1	807	807	NUM
ftr-441	510	2	(	(	PUNCT
ftr-441	510	3	1995	1995	NUM
ftr-441	510	4	)	)	PUNCT
ftr-441	510	5	;	;	PUNCT
ftr-441	510	6	richard	richard	PROPN
ftr-441	510	7	m.	m.	PROPN
ftr-441	510	8	lipton	lipton	PROPN
ftr-441	510	9	,	,	PUNCT
ftr-441	510	10	the	the	DET
ftr-441	510	11	partnership	partnership	NOUN
ftr-441	510	12	anti	anti	ADJ
ftr-441	510	13	-	-	ADJ
ftr-441	510	14	abuse	abuse	ADJ
ftr-441	510	15	regs	reg	NOUN
ftr-441	510	16	.	.	PUNCT
ftr-441	511	1	revisited	revisit	VERB
ftr-441	511	2	:	:	PUNCT
ftr-441	511	3	is	be	AUX
ftr-441	511	4	there	there	PRON
ftr-441	511	5	calm	calm	ADJ
ftr-441	511	6	after	after	ADP
ftr-441	511	7	the	the	DET
ftr-441	511	8	storm	storm	NOUN
ftr-441	511	9	?	?	PUNCT
ftr-441	511	10	,	,	PUNCT
ftr-441	511	11	83	83	NUM
ftr-441	511	12	j.	j.	NOUN
ftr-441	511	13	tax'n	tax'n	ADP
ftr-441	511	14	68	68	NUM
ftr-441	511	15	(	(	PUNCT
ftr-441	511	16	1995	1995	NUM
ftr-441	511	17	)	)	PUNCT
ftr-441	511	18	;	;	PUNCT
ftr-441	511	19	and	and	CCONJ
ftr-441	511	20	olson	olson	NOUN
ftr-441	511	21	,	,	PUNCT
ftr-441	511	22	supra	supra	PROPN
ftr-441	511	23	note	note	PROPN
ftr-441	511	24	63	63	NUM
ftr-441	511	25	.	.	PUNCT
ftr-441	512	1	[	[	X
ftr-441	512	2	vol	vol	NOUN
ftr-441	512	3	4:3	4:3	NUM
ftr-441	512	4	the	the	DET
ftr-441	512	5	future	future	ADJ
ftr-441	512	6	taxation	taxation	NOUN
ftr-441	512	7	of	of	ADP
ftr-441	512	8	private	private	ADJ
ftr-441	512	9	business	business	NOUN
ftr-441	512	10	firms	firm	NOUN
ftr-441	512	11	indication	indication	NOUN
ftr-441	512	12	of	of	ADP
ftr-441	512	13	the	the	DET
ftr-441	512	14	general	general	ADJ
ftr-441	512	15	health	health	NOUN
ftr-441	512	16	of	of	ADP
ftr-441	512	17	the	the	DET
ftr-441	512	18	subchapter	subchapter	NOUN
ftr-441	512	19	k	k	PROPN
ftr-441	512	20	rules	rule	NOUN
ftr-441	512	21	.	.	PUNCT
ftr-441	513	1	indeed	indeed	ADV
ftr-441	513	2	,	,	PUNCT
ftr-441	513	3	some	some	PRON
ftr-441	513	4	of	of	ADP
ftr-441	513	5	the	the	DET
ftr-441	513	6	commentary	commentary	NOUN
ftr-441	513	7	published	publish	VERB
ftr-441	513	8	in	in	ADP
ftr-441	513	9	response	response	NOUN
ftr-441	513	10	to	to	ADP
ftr-441	513	11	the	the	DET
ftr-441	513	12	proposed	propose	VERB
ftr-441	513	13	version	version	NOUN
ftr-441	513	14	of	of	ADP
ftr-441	513	15	the	the	DET
ftr-441	513	16	regulation	regulation	NOUN
ftr-441	513	17	illustrates	illustrate	VERB
ftr-441	513	18	examples	example	NOUN
ftr-441	513	19	of	of	ADP
ftr-441	513	20	transactions	transaction	NOUN
ftr-441	513	21	meeting	meet	VERB
ftr-441	513	22	the	the	DET
ftr-441	513	23	literal	literal	ADJ
ftr-441	513	24	terms	term	NOUN
ftr-441	513	25	of	of	ADP
ftr-441	513	26	the	the	DET
ftr-441	513	27	statute	statute	NOUN
ftr-441	513	28	and/or	and/or	CCONJ
ftr-441	513	29	regulations	regulation	NOUN
ftr-441	513	30	yet	yet	ADV
ftr-441	513	31	reaching	reach	VERB
ftr-441	513	32	seemingly	seemingly	ADV
ftr-441	513	33	nonsensical	nonsensical	ADJ
ftr-441	513	34	results.67	results.67	NOUN
ftr-441	513	35	finally	finally	ADV
ftr-441	513	36	,	,	PUNCT
ftr-441	513	37	it	it	PRON
ftr-441	513	38	is	be	AUX
ftr-441	513	39	evident	evident	ADJ
ftr-441	513	40	that	that	SCONJ
ftr-441	513	41	if	if	SCONJ
ftr-441	513	42	one	one	NUM
ftr-441	513	43	were	be	AUX
ftr-441	513	44	writing	write	VERB
ftr-441	513	45	on	on	ADP
ftr-441	513	46	a	a	DET
ftr-441	513	47	clean	clean	ADJ
ftr-441	513	48	slate	slate	NOUN
ftr-441	513	49	,	,	PUNCT
ftr-441	513	50	one	one	PRON
ftr-441	513	51	would	would	AUX
ftr-441	513	52	not	not	PART
ftr-441	513	53	adopt	adopt	VERB
ftr-441	513	54	a	a	DET
ftr-441	513	55	set	set	NOUN
ftr-441	513	56	of	of	ADP
ftr-441	513	57	operating	operate	VERB
ftr-441	513	58	rules	rule	NOUN
ftr-441	513	59	like	like	ADP
ftr-441	513	60	subchapter	subchapter	NOUN
ftr-441	513	61	k	k	PROPN
ftr-441	513	62	that	that	PRON
ftr-441	513	63	first	first	ADV
ftr-441	513	64	touts	tout	VERB
ftr-441	513	65	their	their	PRON
ftr-441	513	66	flexibility	flexibility	NOUN
ftr-441	513	67	,	,	PUNCT
ftr-441	513	68	'	'	PUNCT
ftr-441	513	69	then	then	ADV
ftr-441	513	70	proceeds	proceed	VERB
ftr-441	513	71	to	to	PART
ftr-441	513	72	restrict	restrict	VERB
ftr-441	513	73	that	that	DET
ftr-441	513	74	flexibility	flexibility	NOUN
ftr-441	513	75	with	with	ADP
ftr-441	513	76	a	a	DET
ftr-441	513	77	series	series	NOUN
ftr-441	513	78	of	of	ADP
ftr-441	513	79	highly	highly	ADV
ftr-441	513	80	complex	complex	ADJ
ftr-441	513	81	mechanical	mechanical	ADJ
ftr-441	513	82	and	and	CCONJ
ftr-441	513	83	sometimes	sometimes	ADV
ftr-441	513	84	subjective	subjective	ADJ
ftr-441	513	85	tests	test	NOUN
ftr-441	513	86	,	,	PUNCT
ftr-441	513	87	'	'	PUNCT
ftr-441	513	88	and	and	CCONJ
ftr-441	513	89	then	then	ADV
ftr-441	513	90	overlays	overlay	VERB
ftr-441	513	91	on	on	ADP
ftr-441	513	92	top	top	NOUN
ftr-441	513	93	of	of	ADP
ftr-441	513	94	those	those	DET
ftr-441	513	95	tests	test	NOUN
ftr-441	513	96	a	a	DET
ftr-441	513	97	relatively	relatively	ADV
ftr-441	513	98	amorphous	amorphous	ADJ
ftr-441	513	99	supertest	supertest	NOUN
ftr-441	513	100	authorizing	authorize	VERB
ftr-441	513	101	the	the	DET
ftr-441	513	102	disregard	disregard	NOUN
ftr-441	513	103	of	of	ADP
ftr-441	513	104	the	the	DET
ftr-441	513	105	consequences	consequence	NOUN
ftr-441	513	106	of	of	ADP
ftr-441	513	107	earlier	early	ADJ
ftr-441	513	108	tests	test	NOUN
ftr-441	513	109	despite	despite	SCONJ
ftr-441	513	110	plain	plain	ADJ
ftr-441	513	111	compliance	compliance	NOUN
ftr-441	513	112	with	with	ADP
ftr-441	513	113	them	they	PRON
ftr-441	513	114	.	.	PUNCT
ftr-441	514	1	indeed	indeed	ADV
ftr-441	514	2	,	,	PUNCT
ftr-441	514	3	the	the	DET
ftr-441	514	4	general	general	ADJ
ftr-441	514	5	anti	anti	ADJ
ftr-441	514	6	-	-	ADJ
ftr-441	514	7	abuse	abuse	ADJ
ftr-441	514	8	rule	rule	NOUN
ftr-441	514	9	may	may	AUX
ftr-441	514	10	apparently	apparently	ADV
ftr-441	514	11	apply	apply	VERB
ftr-441	514	12	to	to	PART
ftr-441	514	13	negate	negate	VERB
ftr-441	514	14	a	a	DET
ftr-441	514	15	taxpayer	taxpayer	NOUN
ftr-441	514	16	's	's	PART
ftr-441	514	17	successful	successful	ADJ
ftr-441	514	18	navigation	navigation	NOUN
ftr-441	514	19	of	of	ADP
ftr-441	514	20	other	other	ADJ
ftr-441	514	21	anti	anti	ADJ
ftr-441	514	22	-	-	ADJ
ftr-441	514	23	abuse	abuse	ADJ
ftr-441	514	24	rules	rule	NOUN
ftr-441	514	25	adopted	adopt	VERB
ftr-441	514	26	to	to	PART
ftr-441	514	27	monitor	monitor	VERB
ftr-441	514	28	particular	particular	ADJ
ftr-441	514	29	types	type	NOUN
ftr-441	514	30	of	of	ADP
ftr-441	514	31	partnership	partnership	NOUN
ftr-441	514	32	-	-	PUNCT
ftr-441	514	33	related	relate	VERB
ftr-441	514	34	transactions	transaction	NOUN
ftr-441	514	35	.	.	PUNCT
ftr-441	514	36	"	"	PUNCT
ftr-441	515	1	°	°	CCONJ
ftr-441	515	2	something	something	PRON
ftr-441	515	3	very	very	ADV
ftr-441	515	4	fundamental	fundamental	ADJ
ftr-441	515	5	must	must	AUX
ftr-441	515	6	be	be	AUX
ftr-441	515	7	awry	awry	ADJ
ftr-441	515	8	in	in	ADP
ftr-441	515	9	the	the	DET
ftr-441	515	10	basic	basic	ADJ
ftr-441	515	11	structure	structure	NOUN
ftr-441	515	12	of	of	ADP
ftr-441	515	13	the	the	DET
ftr-441	515	14	rules	rule	NOUN
ftr-441	515	15	for	for	ADP
ftr-441	515	16	the	the	DET
ftr-441	515	17	law	law	NOUN
ftr-441	515	18	to	to	PART
ftr-441	515	19	have	have	AUX
ftr-441	515	20	evolved	evolve	VERB
ftr-441	515	21	into	into	ADP
ftr-441	515	22	this	this	DET
ftr-441	515	23	unhappy	unhappy	ADJ
ftr-441	515	24	state	state	NOUN
ftr-441	515	25	.	.	PUNCT
ftr-441	516	1	in	in	ADP
ftr-441	516	2	short	short	ADJ
ftr-441	516	3	,	,	PUNCT
ftr-441	516	4	the	the	DET
ftr-441	516	5	arguments	argument	NOUN
ftr-441	516	6	against	against	ADP
ftr-441	516	7	adopting	adopt	VERB
ftr-441	516	8	a	a	DET
ftr-441	516	9	conduit	conduit	NOUN
ftr-441	516	10	tax	tax	NOUN
ftr-441	516	11	system	system	NOUN
ftr-441	516	12	like	like	ADP
ftr-441	516	13	subchapter	subchapter	NOUN
ftr-441	516	14	k	k	PROPN
ftr-441	516	15	for	for	ADP
ftr-441	516	16	the	the	DET
ftr-441	516	17	taxation	taxation	NOUN
ftr-441	516	18	of	of	ADP
ftr-441	516	19	private	private	ADJ
ftr-441	516	20	business	business	NOUN
ftr-441	516	21	firms	firm	NOUN
ftr-441	516	22	are	be	AUX
ftr-441	516	23	extremely	extremely	ADV
ftr-441	516	24	powerful	powerful	ADJ
ftr-441	516	25	ones	one	NOUN
ftr-441	516	26	.	.	PUNCT
ftr-441	517	1	yet	yet	CCONJ
ftr-441	517	2	it	it	PRON
ftr-441	517	3	is	be	AUX
ftr-441	517	4	not	not	PART
ftr-441	517	5	enough	enough	ADJ
ftr-441	517	6	simply	simply	ADV
ftr-441	517	7	to	to	PART
ftr-441	517	8	decry	decry	VERB
ftr-441	517	9	the	the	DET
ftr-441	517	10	inadequacy	inadequacy	NOUN
ftr-441	517	11	of	of	ADP
ftr-441	517	12	one	one	NUM
ftr-441	517	13	particular	particular	ADJ
ftr-441	517	14	approach	approach	NOUN
ftr-441	517	15	;	;	PUNCT
ftr-441	517	16	one	one	PRON
ftr-441	517	17	must	must	AUX
ftr-441	517	18	try	try	VERB
ftr-441	517	19	to	to	PART
ftr-441	517	20	devise	devise	VERB
ftr-441	517	21	a	a	DET
ftr-441	517	22	workable	workable	ADJ
ftr-441	517	23	alternative	alternative	NOUN
ftr-441	517	24	.	.	PUNCT
ftr-441	518	1	although	although	SCONJ
ftr-441	518	2	a	a	DET
ftr-441	518	3	complete	complete	ADJ
ftr-441	518	4	development	development	NOUN
ftr-441	518	5	and	and	CCONJ
ftr-441	518	6	analysis	analysis	NOUN
ftr-441	518	7	of	of	ADP
ftr-441	518	8	an	an	DET
ftr-441	518	9	entity	entity	NOUN
ftr-441	518	10	tax	tax	NOUN
ftr-441	518	11	approach	approach	NOUN
ftr-441	518	12	which	which	PRON
ftr-441	518	13	attempts	attempt	VERB
ftr-441	518	14	to	to	PART
ftr-441	518	15	impose	impose	VERB
ftr-441	518	16	only	only	ADV
ftr-441	518	17	a	a	DET
ftr-441	518	18	single	single	ADJ
ftr-441	518	19	level	level	NOUN
ftr-441	518	20	of	of	ADP
ftr-441	518	21	tax	tax	NOUN
ftr-441	518	22	on	on	ADP
ftr-441	518	23	business	business	NOUN
ftr-441	518	24	income	income	NOUN
ftr-441	518	25	is	be	AUX
ftr-441	518	26	beyond	beyond	ADP
ftr-441	518	27	the	the	DET
ftr-441	518	28	scope	scope	NOUN
ftr-441	518	29	of	of	ADP
ftr-441	518	30	this	this	DET
ftr-441	518	31	article	article	NOUN
ftr-441	518	32	,	,	PUNCT
ftr-441	518	33	some	some	DET
ftr-441	518	34	earlier	early	ADJ
ftr-441	518	35	analyses	analysis	NOUN
ftr-441	518	36	suggest	suggest	VERB
ftr-441	518	37	the	the	DET
ftr-441	518	38	difficulty	difficulty	NOUN
ftr-441	518	39	of	of	ADP
ftr-441	518	40	that	that	PRON
ftr-441	518	41	endeavor.7	endeavor.7	PROPN
ftr-441	518	42	67	67	NUM
ftr-441	518	43	.	.	PUNCT
ftr-441	519	1	see	see	VERB
ftr-441	519	2	,	,	PUNCT
ftr-441	519	3	e.g.	e.g.	ADV
ftr-441	519	4	,	,	PUNCT
ftr-441	519	5	new	new	PROPN
ftr-441	519	6	york	york	PROPN
ftr-441	519	7	state	state	PROPN
ftr-441	519	8	bar	bar	PROPN
ftr-441	519	9	association	association	NOUN
ftr-441	519	10	tax	tax	NOUN
ftr-441	519	11	section	section	NOUN
ftr-441	519	12	,	,	PUNCT
ftr-441	519	13	report	report	NOUN
ftr-441	519	14	on	on	ADP
ftr-441	519	15	the	the	DET
ftr-441	519	16	proposed	propose	VERB
ftr-441	519	17	partnership	partnership	NOUN
ftr-441	519	18	antiabuse	antiabuse	PROPN
ftr-441	519	19	rule	rule	NOUN
ftr-441	519	20	,	,	PUNCT
ftr-441	519	21	64	64	NUM
ftr-441	519	22	tax	tax	NOUN
ftr-441	519	23	notes	note	NOUN
ftr-441	519	24	233	233	NUM
ftr-441	519	25	(	(	PUNCT
ftr-441	519	26	july	july	PROPN
ftr-441	519	27	11	11	NUM
ftr-441	519	28	,	,	PUNCT
ftr-441	519	29	1994	1994	NUM
ftr-441	519	30	)	)	PUNCT
ftr-441	520	1	[	[	X
ftr-441	520	2	hereinafter	hereinafter	NOUN
ftr-441	520	3	n.y.s.b.a	n.y.s.b.a	NOUN
ftr-441	520	4	.	.	PUNCT
ftr-441	521	1	tax	tax	NOUN
ftr-441	521	2	section	section	NOUN
ftr-441	521	3	report	report	NOUN
ftr-441	521	4	]	]	PUNCT
ftr-441	521	5	.	.	PUNCT
ftr-441	522	1	the	the	DET
ftr-441	522	2	recent	recent	ADJ
ftr-441	522	3	case	case	NOUN
ftr-441	522	4	of	of	ADP
ftr-441	522	5	acm	acm	PROPN
ftr-441	522	6	partnership	partnership	PROPN
ftr-441	522	7	v.	v.	PROPN
ftr-441	522	8	commissioner	commissioner	PROPN
ftr-441	522	9	,	,	PUNCT
ftr-441	522	10	73	73	NUM
ftr-441	522	11	t.c.m	t.c.m	NOUN
ftr-441	522	12	.	.	PUNCT
ftr-441	523	1	2189	2189	NUM
ftr-441	523	2	(	(	PUNCT
ftr-441	523	3	1997	1997	NUM
ftr-441	523	4	)	)	PUNCT
ftr-441	523	5	illustrates	illustrate	VERB
ftr-441	523	6	another	another	DET
ftr-441	523	7	large	large	ADJ
ftr-441	523	8	transaction	transaction	NOUN
ftr-441	523	9	which	which	PRON
ftr-441	523	10	seemed	seem	VERB
ftr-441	523	11	to	to	PART
ftr-441	523	12	satisfy	satisfy	VERB
ftr-441	523	13	the	the	DET
ftr-441	523	14	literal	literal	ADJ
ftr-441	523	15	provisions	provision	NOUN
ftr-441	523	16	of	of	ADP
ftr-441	523	17	the	the	DET
ftr-441	523	18	statute	statute	NOUN
ftr-441	523	19	and	and	CCONJ
ftr-441	523	20	regulations	regulation	NOUN
ftr-441	523	21	but	but	CCONJ
ftr-441	523	22	reached	reach	VERB
ftr-441	523	23	an	an	DET
ftr-441	523	24	impermissible	impermissible	ADJ
ftr-441	523	25	result	result	NOUN
ftr-441	523	26	.	.	PUNCT
ftr-441	524	1	cf	cf	NOUN
ftr-441	524	2	.	.	PUNCT
ftr-441	524	3	regs	regs	PROPN
ftr-441	524	4	.	.	PUNCT
ftr-441	525	1	§	§	PROPN
ftr-441	525	2	1.701	1.701	NUM
ftr-441	525	3	-	-	NUM
ftr-441	525	4	2(d	2(d	NUM
ftr-441	525	5	)	)	PUNCT
ftr-441	525	6	,	,	PUNCT
ftr-441	525	7	ex	ex	NOUN
ftr-441	525	8	.	.	NOUN
ftr-441	525	9	7	7	X
ftr-441	525	10	.	.	X
ftr-441	526	1	for	for	ADP
ftr-441	526	2	recent	recent	ADJ
ftr-441	526	3	commentary	commentary	NOUN
ftr-441	526	4	on	on	ADP
ftr-441	526	5	the	the	DET
ftr-441	526	6	acm	acm	NOUN
ftr-441	526	7	case	case	NOUN
ftr-441	526	8	,	,	PUNCT
ftr-441	526	9	see	see	VERB
ftr-441	526	10	steven	steven	PROPN
ftr-441	526	11	m.	m.	PROPN
ftr-441	526	12	surdell	surdell	PROPN
ftr-441	526	13	,	,	PUNCT
ftr-441	526	14	acm	acm	PROPN
ftr-441	526	15	partnership	partnership	PROPN
ftr-441	526	16	--	--	PUNCT
ftr-441	526	17	a	a	DET
ftr-441	526	18	new	new	ADJ
ftr-441	526	19	test	test	NOUN
ftr-441	526	20	for	for	ADP
ftr-441	526	21	corporate	corporate	ADJ
ftr-441	526	22	tax	tax	NOUN
ftr-441	526	23	shelters	shelter	NOUN
ftr-441	526	24	?	?	PUNCT
ftr-441	526	25	,	,	PUNCT
ftr-441	526	26	75	75	NUM
ftr-441	526	27	tax	tax	NOUN
ftr-441	526	28	notes	note	NOUN
ftr-441	526	29	1377	1377	NUM
ftr-441	526	30	(	(	PUNCT
ftr-441	526	31	1997	1997	NUM
ftr-441	526	32	)	)	PUNCT
ftr-441	526	33	.	.	PUNCT
ftr-441	527	1	for	for	ADP
ftr-441	527	2	additional	additional	ADJ
ftr-441	527	3	discussion	discussion	NOUN
ftr-441	527	4	of	of	ADP
ftr-441	527	5	some	some	PRON
ftr-441	527	6	of	of	ADP
ftr-441	527	7	the	the	DET
ftr-441	527	8	current	current	ADJ
ftr-441	527	9	problems	problem	NOUN
ftr-441	527	10	of	of	ADP
ftr-441	527	11	subchapter	subchapter	NOUN
ftr-441	527	12	k	k	NOUN
ftr-441	527	13	,	,	PUNCT
ftr-441	527	14	see	see	VERB
ftr-441	527	15	staff	staff	NOUN
ftr-441	527	16	of	of	ADP
ftr-441	527	17	joint	joint	ADJ
ftr-441	527	18	comm	comm	NOUN
ftr-441	527	19	.	.	PUNCT
ftr-441	528	1	on	on	ADP
ftr-441	528	2	tax'n	tax'n	NOUN
ftr-441	528	3	,	,	PUNCT
ftr-441	528	4	review	review	NOUN
ftr-441	528	5	of	of	ADP
ftr-441	528	6	selected	select	VERB
ftr-441	528	7	entity	entity	NOUN
ftr-441	528	8	classification	classification	NOUN
ftr-441	528	9	and	and	CCONJ
ftr-441	528	10	partnership	partnership	NOUN
ftr-441	528	11	tax	tax	NOUN
ftr-441	528	12	issues	issue	NOUN
ftr-441	528	13	26	26	NUM
ftr-441	528	14	(	(	PUNCT
ftr-441	528	15	comm	comm	NOUN
ftr-441	528	16	.	.	PUNCT
ftr-441	529	1	print	print	NOUN
ftr-441	529	2	1997	1997	NUM
ftr-441	529	3	)	)	PUNCT
ftr-441	530	1	[	[	X
ftr-441	530	2	hereinafter	hereinafter	NOUN
ftr-441	530	3	1997	1997	NUM
ftr-441	530	4	jct	jct	PROPN
ftr-441	530	5	partnership	partnership	PROPN
ftr-441	530	6	tax	tax	NOUN
ftr-441	530	7	study	study	PROPN
ftr-441	530	8	]	]	PUNCT
ftr-441	530	9	;	;	PUNCT
ftr-441	530	10	william	william	PROPN
ftr-441	530	11	d.	d.	PROPN
ftr-441	530	12	andrews	andrews	PROPN
ftr-441	530	13	,	,	PUNCT
ftr-441	530	14	inside	inside	ADP
ftr-441	530	15	basis	basis	NOUN
ftr-441	530	16	adjustments	adjustment	NOUN
ftr-441	530	17	and	and	CCONJ
ftr-441	530	18	hot	hot	ADJ
ftr-441	530	19	asset	asset	NOUN
ftr-441	530	20	exchanges	exchange	NOUN
ftr-441	530	21	in	in	ADP
ftr-441	530	22	partnership	partnership	NOUN
ftr-441	530	23	distributions	distribution	NOUN
ftr-441	530	24	,	,	PUNCT
ftr-441	530	25	47	47	NUM
ftr-441	530	26	tax	tax	NOUN
ftr-441	530	27	l.	l.	PROPN
ftr-441	530	28	rev	rev	PROPN
ftr-441	530	29	.	.	PROPN
ftr-441	530	30	3	3	NUM
ftr-441	530	31	(	(	PUNCT
ftr-441	530	32	1991	1991	NUM
ftr-441	530	33	)	)	PUNCT
ftr-441	530	34	;	;	PUNCT
ftr-441	530	35	and	and	CCONJ
ftr-441	530	36	william	william	PROPN
ftr-441	530	37	b.	b.	PROPN
ftr-441	530	38	brannan	brannan	PROPN
ftr-441	530	39	.	.	PUNCT
ftr-441	531	1	the	the	DET
ftr-441	531	2	subchapter	subchapter	NOUN
ftr-441	531	3	k	k	PROPN
ftr-441	531	4	reform	reform	PROPN
ftr-441	531	5	act	act	NOUN
ftr-441	531	6	of	of	ADP
ftr-441	531	7	1997	1997	NUM
ftr-441	531	8	,	,	PUNCT
ftr-441	531	9	75	75	NUM
ftr-441	531	10	tax	tax	NOUN
ftr-441	531	11	notes	note	NOUN
ftr-441	531	12	121	121	NUM
ftr-441	531	13	(	(	PUNCT
ftr-441	531	14	1997	1997	NUM
ftr-441	531	15	)	)	PUNCT
ftr-441	531	16	.	.	PUNCT
ftr-441	532	1	68	68	NUM
ftr-441	532	2	.	.	PUNCT
ftr-441	533	1	h.r	h.r	PROPN
ftr-441	533	2	.	.	PROPN
ftr-441	533	3	rep	rep	PROPN
ftr-441	533	4	.	.	PROPN
ftr-441	533	5	no	no	PROPN
ftr-441	533	6	.	.	NOUN
ftr-441	533	7	1337	1337	NUM
ftr-441	533	8	,	,	PUNCT
ftr-441	533	9	83rd	83rd	ADJ
ftr-441	533	10	cong	cong	NOUN
ftr-441	533	11	.	.	PROPN
ftr-441	533	12	,	,	PUNCT
ftr-441	533	13	2d	2d	PROPN
ftr-441	533	14	sess	sess	NOUN
ftr-441	533	15	.	.	PUNCT
ftr-441	534	1	65	65	NUM
ftr-441	534	2	(	(	PUNCT
ftr-441	534	3	1954	1954	NUM
ftr-441	534	4	)	)	PUNCT
ftr-441	534	5	.	.	PUNCT
ftr-441	535	1	69	69	NUM
ftr-441	535	2	.	.	PUNCT
ftr-441	536	1	see	see	VERB
ftr-441	536	2	,	,	PUNCT
ftr-441	536	3	e.g.	e.g.	ADV
ftr-441	536	4	,	,	PUNCT
ftr-441	536	5	regs	reg	NOUN
ftr-441	536	6	.	.	PUNCT
ftr-441	537	1	§	§	PROPN
ftr-441	537	2	1.704	1.704	NUM
ftr-441	537	3	-	-	SYM
ftr-441	537	4	1	1	NUM
ftr-441	537	5	,	,	PUNCT
ftr-441	537	6	-2	-2	INTJ
ftr-441	537	7	,	,	PUNCT
ftr-441	537	8	and	and	CCONJ
ftr-441	537	9	-3	-3	PUNCT
ftr-441	537	10	.	.	PUNCT
ftr-441	537	11	70	70	NUM
ftr-441	537	12	.	.	PUNCT
ftr-441	538	1	see	see	VERB
ftr-441	538	2	regs	reg	NOUN
ftr-441	538	3	.	.	PUNCT
ftr-441	539	1	§	§	PROPN
ftr-441	539	2	1.701	1.701	NUM
ftr-441	539	3	-	-	NUM
ftr-441	539	4	2(d	2(d	NUM
ftr-441	539	5	)	)	PUNCT
ftr-441	539	6	,	,	PUNCT
ftr-441	539	7	ex	ex	X
ftr-441	539	8	.	.	PUNCT
ftr-441	539	9	(	(	PUNCT
ftr-441	539	10	8)(iii	8)(iii	NUM
ftr-441	539	11	)	)	PUNCT
ftr-441	539	12	(	(	PUNCT
ftr-441	539	13	general	general	ADJ
ftr-441	539	14	anti	anti	ADJ
ftr-441	539	15	-	-	ADJ
ftr-441	539	16	abuse	abuse	ADJ
ftr-441	539	17	rule	rule	NOUN
ftr-441	539	18	may	may	AUX
ftr-441	539	19	recast	recast	VERB
ftr-441	539	20	transaction	transaction	NOUN
ftr-441	539	21	already	already	ADV
ftr-441	539	22	subject	subject	ADJ
ftr-441	539	23	to	to	ADP
ftr-441	539	24	(	(	PUNCT
ftr-441	539	25	and	and	CCONJ
ftr-441	539	26	presumably	presumably	ADV
ftr-441	539	27	satisfying	satisfy	VERB
ftr-441	539	28	the	the	DET
ftr-441	539	29	requirements	requirement	NOUN
ftr-441	539	30	of	of	ADP
ftr-441	539	31	)	)	PUNCT
ftr-441	539	32	anti	anti	ADJ
ftr-441	539	33	-	-	ADJ
ftr-441	539	34	abuse	abuse	ADJ
ftr-441	539	35	disguised	disguise	VERB
ftr-441	539	36	sale	sale	NOUN
ftr-441	539	37	rule	rule	NOUN
ftr-441	539	38	in	in	ADP
ftr-441	539	39	§	§	PROPN
ftr-441	539	40	707	707	NUM
ftr-441	539	41	)	)	PUNCT
ftr-441	539	42	.	.	PUNCT
ftr-441	540	1	71	71	NUM
ftr-441	540	2	.	.	PUNCT
ftr-441	541	1	see	see	VERB
ftr-441	541	2	michael	michael	PROPN
ftr-441	541	3	l.	l.	PROPN
ftr-441	541	4	schler	schler	PROPN
ftr-441	541	5	,	,	PUNCT
ftr-441	541	6	taxing	tax	VERB
ftr-441	541	7	corporate	corporate	ADJ
ftr-441	541	8	income	income	NOUN
ftr-441	541	9	once	once	ADV
ftr-441	541	10	(	(	PUNCT
ftr-441	541	11	or	or	CCONJ
ftr-441	541	12	hopefully	hopefully	ADV
ftr-441	541	13	not	not	PART
ftr-441	541	14	at	at	ADV
ftr-441	541	15	all	all	ADV
ftr-441	541	16	):	):	PUNCT
ftr-441	541	17	a	a	DET
ftr-441	541	18	practitioner	practitioner	NOUN
ftr-441	541	19	's	's	PART
ftr-441	541	20	comparison	comparison	NOUN
ftr-441	541	21	of	of	ADP
ftr-441	541	22	the	the	DET
ftr-441	541	23	treasury	treasury	NOUN
ftr-441	541	24	and	and	CCONJ
ftr-441	541	25	all	all	DET
ftr-441	541	26	integration	integration	NOUN
ftr-441	541	27	models	model	NOUN
ftr-441	541	28	,	,	PUNCT
ftr-441	541	29	47	47	NUM
ftr-441	541	30	tax	tax	NOUN
ftr-441	541	31	l	l	NOUN
ftr-441	541	32	rev	rev	AUX
ftr-441	541	33	.	.	PROPN
ftr-441	541	34	509	509	NUM
ftr-441	541	35	(	(	PUNCT
ftr-441	541	36	1992	1992	NUM
ftr-441	541	37	)	)	PUNCT
ftr-441	541	38	(	(	PUNCT
ftr-441	541	39	describing	describe	VERB
ftr-441	541	40	implementation	implementation	NOUN
ftr-441	541	41	problems	problem	NOUN
ftr-441	541	42	with	with	ADP
ftr-441	541	43	treasury	treasury	PROPN
ftr-441	541	44	's	's	PART
ftr-441	541	45	dividend	dividend	NOUN
ftr-441	541	46	exclusion	exclusion	NOUN
ftr-441	541	47	model	model	NOUN
ftr-441	541	48	of	of	ADP
ftr-441	541	49	integration	integration	NOUN
ftr-441	541	50	,	,	PUNCT
ftr-441	541	51	a	a	DET
ftr-441	541	52	slimmed	slimme	VERB
ftr-441	541	53	-	-	PUNCT
ftr-441	541	54	down	down	NOUN
ftr-441	541	55	(	(	PUNCT
ftr-441	541	56	and	and	CCONJ
ftr-441	541	57	much	much	ADV
ftr-441	541	58	simplified	simplified	ADJ
ftr-441	541	59	)	)	PUNCT
ftr-441	541	60	version	version	NOUN
ftr-441	541	61	of	of	ADP
ftr-441	541	62	cbit	cbit	NOUN
ftr-441	541	63	,	,	PUNCT
ftr-441	541	64	and	and	CCONJ
ftr-441	541	65	ali	ali	PROPN
ftr-441	541	66	reporter	reporter	NOUN
ftr-441	541	67	's	's	PART
ftr-441	541	68	integration	integration	NOUN
ftr-441	541	69	proposal	proposal	NOUN
ftr-441	541	70	)	)	PUNCT
ftr-441	541	71	;	;	PUNCT
ftr-441	541	72	yin	yin	PROPN
ftr-441	541	73	,	,	PUNCT
ftr-441	541	74	supra	supra	PROPN
ftr-441	541	75	note	note	PROPN
ftr-441	541	76	31	31	NUM
ftr-441	541	77	,	,	PUNCT
ftr-441	541	78	at	at	ADP
ftr-441	541	79	436	436	NUM
ftr-441	541	80	-	-	SYM
ftr-441	541	81	68	68	NUM
ftr-441	541	82	.	.	PUNCT
ftr-441	541	83	19991	19991	NUM
ftr-441	542	1	florida	florida	PROPN
ftr-441	542	2	tax	tax	NOUN
ftr-441	542	3	review	review	NOUN
ftr-441	542	4	in	in	ADP
ftr-441	542	5	addition	addition	NOUN
ftr-441	542	6	,	,	PUNCT
ftr-441	542	7	an	an	DET
ftr-441	542	8	entity	entity	NOUN
ftr-441	542	9	tax	tax	NOUN
ftr-441	542	10	system	system	NOUN
ftr-441	542	11	starts	start	VERB
ftr-441	542	12	with	with	ADP
ftr-441	542	13	the	the	DET
ftr-441	542	14	fundamental	fundamental	ADJ
ftr-441	542	15	flaw	flaw	NOUN
ftr-441	542	16	of	of	ADP
ftr-441	542	17	taxing	tax	VERB
ftr-441	542	18	business	business	NOUN
ftr-441	542	19	income	income	NOUN
ftr-441	542	20	and	and	CCONJ
ftr-441	542	21	losses	loss	NOUN
ftr-441	542	22	at	at	ADP
ftr-441	542	23	the	the	DET
ftr-441	542	24	wrong	wrong	ADJ
ftr-441	542	25	rate	rate	NOUN
ftr-441	542	26	and	and	CCONJ
ftr-441	542	27	not	not	PART
ftr-441	542	28	permitting	permit	VERB
ftr-441	542	29	the	the	DET
ftr-441	542	30	netting	netting	NOUN
ftr-441	542	31	of	of	ADP
ftr-441	542	32	related	related	ADJ
ftr-441	542	33	tax	tax	NOUN
ftr-441	542	34	items	item	NOUN
ftr-441	542	35	.	.	PUNCT
ftr-441	543	1	finally	finally	ADV
ftr-441	543	2	,	,	PUNCT
ftr-441	543	3	it	it	PRON
ftr-441	543	4	also	also	ADV
ftr-441	543	5	presents	present	VERB
ftr-441	543	6	greater	great	ADJ
ftr-441	543	7	transitional	transitional	ADJ
ftr-441	543	8	concerns	concern	NOUN
ftr-441	543	9	than	than	ADP
ftr-441	543	10	adoption	adoption	NOUN
ftr-441	543	11	of	of	ADP
ftr-441	543	12	a	a	DET
ftr-441	543	13	conduit	conduit	NOUN
ftr-441	543	14	system.72	system.72	NOUN
ftr-441	543	15	to	to	PART
ftr-441	543	16	illustrate	illustrate	VERB
ftr-441	543	17	just	just	ADV
ftr-441	543	18	one	one	NUM
ftr-441	543	19	of	of	ADP
ftr-441	543	20	the	the	DET
ftr-441	543	21	problems	problem	NOUN
ftr-441	543	22	in	in	ADP
ftr-441	543	23	implementing	implement	VERB
ftr-441	543	24	an	an	DET
ftr-441	543	25	entity	entity	NOUN
ftr-441	543	26	tax	tax	NOUN
ftr-441	543	27	approach	approach	NOUN
ftr-441	543	28	,	,	PUNCT
ftr-441	543	29	consider	consider	VERB
ftr-441	543	30	a	a	DET
ftr-441	543	31	scheme	scheme	NOUN
ftr-441	543	32	in	in	ADP
ftr-441	543	33	which	which	PRON
ftr-441	543	34	business	business	NOUN
ftr-441	543	35	income	income	NOUN
ftr-441	543	36	is	be	AUX
ftr-441	543	37	taxed	tax	VERB
ftr-441	543	38	once	once	ADV
ftr-441	543	39	at	at	ADP
ftr-441	543	40	the	the	DET
ftr-441	543	41	entity	entity	NOUN
ftr-441	543	42	level	level	NOUN
ftr-441	543	43	with	with	ADP
ftr-441	543	44	distributions	distribution	NOUN
ftr-441	543	45	of	of	ADP
ftr-441	543	46	already	already	ADV
ftr-441	543	47	-	-	PUNCT
ftr-441	543	48	taxed	tax	VERB
ftr-441	543	49	income	income	NOUN
ftr-441	543	50	then	then	ADV
ftr-441	543	51	being	be	AUX
ftr-441	543	52	tax	tax	NOUN
ftr-441	543	53	-	-	PUNCT
ftr-441	543	54	free	free	ADJ
ftr-441	543	55	to	to	ADP
ftr-441	543	56	the	the	DET
ftr-441	543	57	owners	owner	NOUN
ftr-441	543	58	of	of	ADP
ftr-441	543	59	the	the	DET
ftr-441	543	60	firm	firm	NOUN
ftr-441	543	61	.	.	PUNCT
ftr-441	544	1	such	such	DET
ftr-441	544	2	an	an	DET
ftr-441	544	3	approach	approach	NOUN
ftr-441	544	4	,	,	PUNCT
ftr-441	544	5	termed	term	VERB
ftr-441	544	6	the	the	DET
ftr-441	544	7	"	"	PUNCT
ftr-441	544	8	dividend	dividend	NOUN
ftr-441	544	9	exclusion	exclusion	NOUN
ftr-441	544	10	prototype	prototype	NOUN
ftr-441	544	11	,	,	PUNCT
ftr-441	544	12	"	"	PUNCT
ftr-441	544	13	was	be	AUX
ftr-441	544	14	recommended	recommend	VERB
ftr-441	544	15	by	by	ADP
ftr-441	544	16	the	the	DET
ftr-441	544	17	treasury	treasury	PROPN
ftr-441	544	18	department	department	PROPN
ftr-441	544	19	in	in	ADP
ftr-441	544	20	1992	1992	NUM
ftr-441	544	21	because	because	SCONJ
ftr-441	544	22	,	,	PUNCT
ftr-441	544	23	among	among	ADP
ftr-441	544	24	other	other	ADJ
ftr-441	544	25	reasons	reason	NOUN
ftr-441	544	26	,	,	PUNCT
ftr-441	544	27	it	it	PRON
ftr-441	544	28	represents	represent	VERB
ftr-441	544	29	"	"	PUNCT
ftr-441	544	30	the	the	DET
ftr-441	544	31	most	most	ADV
ftr-441	544	32	straightforward	straightforward	ADJ
ftr-441	544	33	and	and	CCONJ
ftr-441	544	34	easily	easily	ADV
ftr-441	544	35	administered	administer	VERB
ftr-441	544	36	"	"	PUNCT
ftr-441	544	37	method	method	NOUN
ftr-441	544	38	of	of	ADP
ftr-441	544	39	integration	integration	NOUN
ftr-441	544	40	considered	consider	VERB
ftr-441	544	41	by	by	ADP
ftr-441	544	42	the	the	DET
ftr-441	544	43	department	department	NOUN
ftr-441	544	44	.	.	PUNCT
ftr-441	545	1	3	3	NUM
ftr-441	545	2	consider	consider	VERB
ftr-441	545	3	just	just	ADV
ftr-441	545	4	the	the	DET
ftr-441	545	5	single	single	ADJ
ftr-441	545	6	issue	issue	NOUN
ftr-441	545	7	of	of	ADP
ftr-441	545	8	how	how	SCONJ
ftr-441	545	9	capital	capital	NOUN
ftr-441	545	10	gain	gain	NOUN
ftr-441	545	11	or	or	CCONJ
ftr-441	545	12	loss	loss	NOUN
ftr-441	545	13	arising	arise	VERB
ftr-441	545	14	upon	upon	SCONJ
ftr-441	545	15	a	a	DET
ftr-441	545	16	transfer	transfer	NOUN
ftr-441	545	17	of	of	ADP
ftr-441	545	18	the	the	DET
ftr-441	545	19	ownership	ownership	NOUN
ftr-441	545	20	interests	interest	NOUN
ftr-441	545	21	of	of	ADP
ftr-441	545	22	a	a	DET
ftr-441	545	23	firm	firm	NOUN
ftr-441	545	24	should	should	AUX
ftr-441	545	25	be	be	AUX
ftr-441	545	26	taxed	tax	VERB
ftr-441	545	27	under	under	ADP
ftr-441	545	28	such	such	DET
ftr-441	545	29	a	a	DET
ftr-441	545	30	system.74	system.74	NOUN
ftr-441	545	31	in	in	ADP
ftr-441	545	32	theory	theory	NOUN
ftr-441	545	33	,	,	PUNCT
ftr-441	545	34	any	any	DET
ftr-441	545	35	capital	capital	NOUN
ftr-441	545	36	gain	gain	NOUN
ftr-441	545	37	or	or	CCONJ
ftr-441	545	38	loss	loss	NOUN
ftr-441	545	39	might	might	AUX
ftr-441	545	40	reflect	reflect	VERB
ftr-441	545	41	some	some	DET
ftr-441	545	42	combination	combination	NOUN
ftr-441	545	43	of	of	ADP
ftr-441	545	44	(	(	PUNCT
ftr-441	545	45	1	1	NUM
ftr-441	545	46	)	)	PUNCT
ftr-441	545	47	income	income	NOUN
ftr-441	545	48	accumulated	accumulate	VERB
ftr-441	545	49	by	by	ADP
ftr-441	545	50	the	the	DET
ftr-441	545	51	firm	firm	NOUN
ftr-441	545	52	which	which	PRON
ftr-441	545	53	has	have	AUX
ftr-441	545	54	already	already	ADV
ftr-441	545	55	been	be	AUX
ftr-441	545	56	subject	subject	ADJ
ftr-441	545	57	to	to	ADP
ftr-441	545	58	the	the	DET
ftr-441	545	59	entity	entity	NOUN
ftr-441	545	60	-	-	PUNCT
ftr-441	545	61	level	level	NOUN
ftr-441	545	62	tax	tax	NOUN
ftr-441	545	63	,	,	PUNCT
ftr-441	545	64	(	(	PUNCT
ftr-441	545	65	2	2	X
ftr-441	545	66	)	)	PUNCT
ftr-441	545	67	accumulated	accumulate	VERB
ftr-441	545	68	preference	preference	NOUN
ftr-441	545	69	income	income	NOUN
ftr-441	545	70	which	which	PRON
ftr-441	545	71	has	have	AUX
ftr-441	545	72	escaped	escape	VERB
ftr-441	545	73	the	the	DET
ftr-441	545	74	entity	entity	NOUN
ftr-441	545	75	-	-	PUNCT
ftr-441	545	76	level	level	NOUN
ftr-441	545	77	tax	tax	NOUN
ftr-441	545	78	,	,	PUNCT
ftr-441	545	79	and	and	CCONJ
ftr-441	545	80	(	(	PUNCT
ftr-441	545	81	3	3	X
ftr-441	545	82	)	)	PUNCT
ftr-441	545	83	unrealized	unrealized	ADJ
ftr-441	545	84	gains	gain	NOUN
ftr-441	545	85	and	and	CCONJ
ftr-441	545	86	losses	loss	NOUN
ftr-441	545	87	of	of	ADP
ftr-441	545	88	the	the	DET
ftr-441	545	89	firm	firm	NOUN
ftr-441	545	90	(	(	PUNCT
ftr-441	545	91	including	include	VERB
ftr-441	545	92	the	the	DET
ftr-441	545	93	value	value	NOUN
ftr-441	545	94	of	of	ADP
ftr-441	545	95	the	the	DET
ftr-441	545	96	firm	firm	NOUN
ftr-441	545	97	's	's	PART
ftr-441	545	98	projected	project	VERB
ftr-441	545	99	profits	profit	NOUN
ftr-441	545	100	and	and	CCONJ
ftr-441	545	101	losses	loss	NOUN
ftr-441	545	102	)	)	PUNCT
ftr-441	545	103	.	.	PUNCT
ftr-441	546	1	neither	neither	CCONJ
ftr-441	546	2	the	the	DET
ftr-441	546	3	fully	fully	ADV
ftr-441	546	4	-	-	PUNCT
ftr-441	546	5	taxed	tax	VERB
ftr-441	546	6	income	income	NOUN
ftr-441	546	7	nor	nor	CCONJ
ftr-441	546	8	the	the	DET
ftr-441	546	9	preference	preference	NOUN
ftr-441	546	10	income	income	NOUN
ftr-441	546	11	should	should	AUX
ftr-441	546	12	be	be	AUX
ftr-441	546	13	taxed	tax	VERB
ftr-441	546	14	again	again	ADV
ftr-441	546	15	upon	upon	SCONJ
ftr-441	546	16	the	the	DET
ftr-441	546	17	transfer	transfer	NOUN
ftr-441	546	18	of	of	ADP
ftr-441	546	19	ownership	ownership	NOUN
ftr-441	546	20	interests	interest	NOUN
ftr-441	546	21	,	,	PUNCT
ftr-441	546	22	assuming	assume	VERB
ftr-441	546	23	there	there	PRON
ftr-441	546	24	is	be	VERB
ftr-441	546	25	a	a	DET
ftr-441	546	26	policy	policy	NOUN
ftr-441	546	27	decision	decision	NOUN
ftr-441	546	28	to	to	PART
ftr-441	546	29	pass	pass	VERB
ftr-441	546	30	through	through	ADP
ftr-441	546	31	preferences	preference	NOUN
ftr-441	546	32	.	.	PUNCT
ftr-441	547	1	presumably	presumably	ADV
ftr-441	547	2	,	,	PUNCT
ftr-441	547	3	however	however	ADV
ftr-441	547	4	,	,	PUNCT
ftr-441	547	5	there	there	PRON
ftr-441	547	6	should	should	AUX
ftr-441	547	7	be	be	AUX
ftr-441	547	8	a	a	DET
ftr-441	547	9	tax	tax	NOUN
ftr-441	547	10	on	on	ADP
ftr-441	547	11	the	the	DET
ftr-441	547	12	capital	capital	NOUN
ftr-441	547	13	gain	gain	NOUN
ftr-441	547	14	or	or	CCONJ
ftr-441	547	15	loss	loss	NOUN
ftr-441	547	16	representing	represent	VERB
ftr-441	547	17	the	the	DET
ftr-441	547	18	unrealized	unrealized	ADJ
ftr-441	547	19	entity	entity	NOUN
ftr-441	547	20	-	-	PUNCT
ftr-441	547	21	level	level	NOUN
ftr-441	547	22	gain	gain	NOUN
ftr-441	547	23	or	or	CCONJ
ftr-441	547	24	loss	loss	NOUN
ftr-441	547	25	.	.	PUNCT
ftr-441	548	1	how	how	SCONJ
ftr-441	548	2	should	should	AUX
ftr-441	548	3	the	the	DET
ftr-441	548	4	rules	rule	NOUN
ftr-441	548	5	be	be	AUX
ftr-441	548	6	designed	design	VERB
ftr-441	548	7	to	to	PART
ftr-441	548	8	tax	tax	VERB
ftr-441	548	9	this	this	DET
ftr-441	548	10	last	last	ADJ
ftr-441	548	11	element	element	NOUN
ftr-441	548	12	while	while	SCONJ
ftr-441	548	13	not	not	PART
ftr-441	548	14	taxing	tax	VERB
ftr-441	548	15	the	the	DET
ftr-441	548	16	portion	portion	NOUN
ftr-441	548	17	of	of	ADP
ftr-441	548	18	the	the	DET
ftr-441	548	19	capital	capital	NOUN
ftr-441	548	20	gain	gain	NOUN
ftr-441	548	21	or	or	CCONJ
ftr-441	548	22	loss	loss	NOUN
ftr-441	548	23	representing	represent	VERB
ftr-441	548	24	accumulated	accumulate	VERB
ftr-441	548	25	,	,	PUNCT
ftr-441	548	26	previously	previously	ADV
ftr-441	548	27	taxed	tax	VERB
ftr-441	548	28	income	income	NOUN
ftr-441	548	29	or	or	CCONJ
ftr-441	548	30	preference	preference	NOUN
ftr-441	548	31	income	income	NOUN
ftr-441	548	32	?	?	PUNCT
ftr-441	549	1	one	one	NUM
ftr-441	549	2	rough	rough	ADJ
ftr-441	549	3	method	method	NOUN
ftr-441	549	4	of	of	ADP
ftr-441	549	5	accomplishing	accomplish	VERB
ftr-441	549	6	that	that	DET
ftr-441	549	7	end	end	NOUN
ftr-441	549	8	,	,	PUNCT
ftr-441	549	9	suggested	suggest	VERB
ftr-441	549	10	by	by	ADP
ftr-441	549	11	both	both	CCONJ
ftr-441	549	12	the	the	DET
ftr-441	549	13	treasury	treasury	PROPN
ftr-441	549	14	department	department	PROPN
ftr-441	549	15	and	and	CCONJ
ftr-441	549	16	the	the	DET
ftr-441	549	17	ali	ali	PROPN
ftr-441	549	18	reporter	reporter	NOUN
ftr-441	549	19	in	in	ADP
ftr-441	549	20	their	their	PRON
ftr-441	549	21	integration	integration	NOUN
ftr-441	549	22	proposals	proposal	NOUN
ftr-441	549	23	,	,	PUNCT
ftr-441	549	24	is	be	AUX
ftr-441	549	25	to	to	PART
ftr-441	549	26	provide	provide	VERB
ftr-441	549	27	outside	outside	ADJ
ftr-441	549	28	basis	basis	NOUN
ftr-441	549	29	adjustments	adjustment	NOUN
ftr-441	549	30	equal	equal	ADJ
ftr-441	549	31	to	to	ADP
ftr-441	549	32	the	the	DET
ftr-441	549	33	fully	fully	ADV
ftr-441	549	34	-	-	PUNCT
ftr-441	549	35	taxed	tax	VERB
ftr-441	549	36	and	and	CCONJ
ftr-441	549	37	preference	preference	NOUN
ftr-441	549	38	income	income	NOUN
ftr-441	549	39	(	(	PUNCT
ftr-441	549	40	assuming	assume	VERB
ftr-441	549	41	passthrough	passthrough	NOUN
ftr-441	549	42	of	of	ADP
ftr-441	549	43	preference	preference	NOUN
ftr-441	549	44	income	income	NOUN
ftr-441	549	45	)	)	PUNCT
ftr-441	549	46	not	not	PART
ftr-441	549	47	distributed	distribute	VERB
ftr-441	549	48	by	by	ADP
ftr-441	549	49	the	the	DET
ftr-441	549	50	72	72	NUM
ftr-441	549	51	.	.	PUNCT
ftr-441	550	1	requiring	require	VERB
ftr-441	550	2	all	all	DET
ftr-441	550	3	private	private	ADJ
ftr-441	550	4	business	business	NOUN
ftr-441	550	5	firms	firm	NOUN
ftr-441	550	6	to	to	PART
ftr-441	550	7	be	be	AUX
ftr-441	550	8	taxed	tax	VERB
ftr-441	550	9	in	in	ADP
ftr-441	550	10	the	the	DET
ftr-441	550	11	same	same	ADJ
ftr-441	550	12	way	way	NOUN
ftr-441	550	13	,	,	PUNCT
ftr-441	550	14	either	either	CCONJ
ftr-441	550	15	under	under	ADP
ftr-441	550	16	a	a	DET
ftr-441	550	17	conduit	conduit	NOUN
ftr-441	550	18	or	or	CCONJ
ftr-441	550	19	an	an	DET
ftr-441	550	20	entity	entity	NOUN
ftr-441	550	21	tax	tax	NOUN
ftr-441	550	22	approach	approach	NOUN
ftr-441	550	23	,	,	PUNCT
ftr-441	550	24	would	would	AUX
ftr-441	550	25	present	present	VERB
ftr-441	550	26	transitional	transitional	ADJ
ftr-441	550	27	problems	problem	NOUN
ftr-441	550	28	because	because	SCONJ
ftr-441	550	29	of	of	ADP
ftr-441	550	30	the	the	DET
ftr-441	550	31	change	change	NOUN
ftr-441	550	32	from	from	ADP
ftr-441	550	33	current	current	ADJ
ftr-441	550	34	law	law	NOUN
ftr-441	550	35	.	.	PUNCT
ftr-441	551	1	a	a	DET
ftr-441	551	2	conduit	conduit	NOUN
ftr-441	551	3	approach	approach	NOUN
ftr-441	551	4	,	,	PUNCT
ftr-441	551	5	however	however	ADV
ftr-441	551	6	,	,	PUNCT
ftr-441	551	7	is	be	AUX
ftr-441	551	8	already	already	ADV
ftr-441	551	9	in	in	ADP
ftr-441	551	10	effect	effect	NOUN
ftr-441	551	11	for	for	ADP
ftr-441	551	12	those	those	DET
ftr-441	551	13	firms	firm	NOUN
ftr-441	551	14	currently	currently	ADV
ftr-441	551	15	subject	subject	ADJ
ftr-441	551	16	to	to	ADP
ftr-441	551	17	subchapters	subchapter	NOUN
ftr-441	551	18	k	k	PROPN
ftr-441	551	19	or	or	CCONJ
ftr-441	551	20	s.	s.	PROPN
ftr-441	551	21	in	in	ADP
ftr-441	551	22	contrast	contrast	NOUN
ftr-441	551	23	,	,	PUNCT
ftr-441	551	24	an	an	DET
ftr-441	551	25	entity	entity	NOUN
ftr-441	551	26	tax	tax	NOUN
ftr-441	551	27	approach	approach	NOUN
ftr-441	551	28	imposing	impose	VERB
ftr-441	551	29	only	only	ADV
ftr-441	551	30	a	a	DET
ftr-441	551	31	single	single	ADJ
ftr-441	551	32	level	level	NOUN
ftr-441	551	33	of	of	ADP
ftr-441	551	34	taxation	taxation	NOUN
ftr-441	551	35	on	on	ADP
ftr-441	551	36	business	business	NOUN
ftr-441	551	37	income	income	NOUN
ftr-441	551	38	would	would	AUX
ftr-441	551	39	represent	represent	VERB
ftr-441	551	40	a	a	DET
ftr-441	551	41	new	new	ADJ
ftr-441	551	42	system	system	NOUN
ftr-441	551	43	for	for	ADP
ftr-441	551	44	all	all	DET
ftr-441	551	45	firms	firm	NOUN
ftr-441	551	46	.	.	PUNCT
ftr-441	552	1	73	73	NUM
ftr-441	552	2	.	.	PUNCT
ftr-441	553	1	u.s	u.s	PROPN
ftr-441	553	2	.	.	PROPN
ftr-441	553	3	dep't	dep't	NOUN
ftr-441	553	4	of	of	ADP
ftr-441	553	5	treasury	treasury	PROPN
ftr-441	553	6	,	,	PUNCT
ftr-441	553	7	a	a	DET
ftr-441	553	8	reconmendation	reconmendation	NOUN
ftr-441	553	9	for	for	ADP
ftr-441	553	10	integration	integration	NOUN
ftr-441	553	11	of	of	ADP
ftr-441	553	12	the	the	DET
ftr-441	553	13	individual	individual	ADJ
ftr-441	553	14	and	and	CCONJ
ftr-441	553	15	corporate	corporate	ADJ
ftr-441	553	16	tax	tax	NOUN
ftr-441	553	17	systems	system	NOUN
ftr-441	553	18	,	,	PUNCT
ftr-441	553	19	dec	dec	PROPN
ftr-441	553	20	.	.	PROPN
ftr-441	553	21	1992	1992	NUM
ftr-441	553	22	,	,	PUNCT
ftr-441	553	23	letter	letter	NOUN
ftr-441	553	24	from	from	ADP
ftr-441	553	25	nicholas	nicholas	PROPN
ftr-441	553	26	brady	brady	PROPN
ftr-441	553	27	,	,	PUNCT
ftr-441	553	28	secretary	secretary	PROPN
ftr-441	553	29	of	of	ADP
ftr-441	553	30	the	the	DET
ftr-441	553	31	treasury	treasury	NOUN
ftr-441	553	32	,	,	PUNCT
ftr-441	553	33	to	to	ADP
ftr-441	553	34	dan	dan	PROPN
ftr-441	553	35	rostenkowski	rostenkowski	PROPN
ftr-441	553	36	,	,	PUNCT
ftr-441	553	37	chairman	chairman	NOUN
ftr-441	553	38	,	,	PUNCT
ftr-441	553	39	u.s	u.s	PROPN
ftr-441	553	40	.	.	PROPN
ftr-441	553	41	house	house	PROPN
ftr-441	553	42	comm	comm	NOUN
ftr-441	553	43	.	.	PUNCT
ftr-441	554	1	on	on	ADP
ftr-441	554	2	ways	way	NOUN
ftr-441	554	3	and	and	CCONJ
ftr-441	554	4	means	mean	NOUN
ftr-441	554	5	,	,	PUNCT
ftr-441	554	6	p.1	p.1	NOUN
ftr-441	554	7	.	.	PROPN
ftr-441	555	1	74	74	NUM
ftr-441	555	2	.	.	PUNCT
ftr-441	556	1	any	any	DET
ftr-441	556	2	gain	gain	NOUN
ftr-441	556	3	or	or	CCONJ
ftr-441	556	4	loss	loss	NOUN
ftr-441	556	5	on	on	ADP
ftr-441	556	6	the	the	DET
ftr-441	556	7	sale	sale	NOUN
ftr-441	556	8	of	of	ADP
ftr-441	556	9	ownership	ownership	NOUN
ftr-441	556	10	interests	interest	NOUN
ftr-441	556	11	need	need	VERB
ftr-441	556	12	not	not	PART
ftr-441	556	13	,	,	PUNCT
ftr-441	556	14	of	of	ADP
ftr-441	556	15	course	course	NOUN
ftr-441	556	16	,	,	PUNCT
ftr-441	556	17	constitute	constitute	VERB
ftr-441	556	18	capital	capital	NOUN
ftr-441	556	19	gain	gain	NOUN
ftr-441	556	20	or	or	CCONJ
ftr-441	556	21	loss	loss	NOUN
ftr-441	556	22	.	.	PUNCT
ftr-441	557	1	the	the	DET
ftr-441	557	2	reference	reference	NOUN
ftr-441	557	3	in	in	ADP
ftr-441	557	4	the	the	DET
ftr-441	557	5	text	text	NOUN
ftr-441	557	6	to	to	ADP
ftr-441	557	7	capital	capital	NOUN
ftr-441	557	8	gain	gain	NOUN
ftr-441	557	9	or	or	CCONJ
ftr-441	557	10	loss	loss	NOUN
ftr-441	557	11	is	be	AUX
ftr-441	557	12	simply	simply	ADV
ftr-441	557	13	shorthand	shorthand	NOUN
ftr-441	557	14	for	for	ADP
ftr-441	557	15	the	the	DET
ftr-441	557	16	gain	gain	NOUN
ftr-441	557	17	or	or	CCONJ
ftr-441	557	18	loss	loss	NOUN
ftr-441	557	19	arising	arise	VERB
ftr-441	557	20	from	from	ADP
ftr-441	557	21	the	the	DET
ftr-441	557	22	sale	sale	NOUN
ftr-441	557	23	of	of	ADP
ftr-441	557	24	ownership	ownership	NOUN
ftr-441	557	25	interests	interest	NOUN
ftr-441	557	26	,	,	PUNCT
ftr-441	557	27	no	no	ADV
ftr-441	557	28	matter	matter	ADV
ftr-441	557	29	what	what	PRON
ftr-441	557	30	the	the	DET
ftr-441	557	31	actual	actual	ADJ
ftr-441	557	32	character	character	NOUN
ftr-441	557	33	of	of	ADP
ftr-441	557	34	that	that	DET
ftr-441	557	35	gain	gain	NOUN
ftr-441	557	36	or	or	CCONJ
ftr-441	557	37	loss	loss	NOUN
ftr-441	557	38	is	be	AUX
ftr-441	557	39	.	.	PUNCT
ftr-441	558	1	[	[	X
ftr-441	558	2	vol	vol	NOUN
ftr-441	558	3	4:3	4:3	NUM
ftr-441	558	4	the	the	DET
ftr-441	558	5	future	future	ADJ
ftr-441	558	6	taxation	taxation	NOUN
ftr-441	558	7	of	of	ADP
ftr-441	558	8	private	private	ADJ
ftr-441	558	9	business	business	NOUN
ftr-441	558	10	firms	firm	NOUN
ftr-441	558	11	firm	firm	ADJ
ftr-441	558	12	.	.	PUNCT
ftr-441	558	13	'	'	PUNCT
ftr-441	559	1	analytically	analytically	ADV
ftr-441	559	2	,	,	PUNCT
ftr-441	559	3	the	the	DET
ftr-441	559	4	procedure	procedure	NOUN
ftr-441	559	5	,	,	PUNCT
ftr-441	559	6	termed	term	VERB
ftr-441	559	7	a	a	DET
ftr-441	559	8	"	"	PUNCT
ftr-441	559	9	dividend	dividend	NOUN
ftr-441	559	10	reinvestment	reinvestment	NOUN
ftr-441	559	11	plan	plan	NOUN
ftr-441	559	12	'	'	PUNCT
ftr-441	559	13	"	"	PUNCT
ftr-441	559	14	or	or	CCONJ
ftr-441	559	15	"	"	PUNCT
ftr-441	559	16	drip	drip	NOUN
ftr-441	559	17	"	"	PUNCT
ftr-441	559	18	by	by	ADP
ftr-441	559	19	the	the	DET
ftr-441	559	20	treasury	treasury	NOUN
ftr-441	559	21	,	,	PUNCT
ftr-441	559	22	would	would	AUX
ftr-441	559	23	allow	allow	VERB
ftr-441	559	24	firms	firm	NOUN
ftr-441	559	25	to	to	PART
ftr-441	559	26	retain	retain	VERB
ftr-441	559	27	their	their	PRON
ftr-441	559	28	earnings	earning	NOUN
ftr-441	559	29	but	but	CCONJ
ftr-441	559	30	to	to	PART
ftr-441	559	31	declare	declare	VERB
ftr-441	559	32	constructive	constructive	ADJ
ftr-441	559	33	distributions	distribution	NOUN
ftr-441	559	34	followed	follow	VERB
ftr-441	559	35	by	by	ADP
ftr-441	559	36	constructive	constructive	ADJ
ftr-441	559	37	reinvestments	reinvestment	NOUN
ftr-441	559	38	of	of	ADP
ftr-441	559	39	those	those	DET
ftr-441	559	40	amounts	amount	NOUN
ftr-441	559	41	back	back	ADV
ftr-441	559	42	to	to	ADP
ftr-441	559	43	the	the	DET
ftr-441	559	44	firm	firm	NOUN
ftr-441	559	45	.	.	PUNCT
ftr-441	560	1	the	the	DET
ftr-441	560	2	distributions	distribution	NOUN
ftr-441	560	3	would	would	AUX
ftr-441	560	4	be	be	AUX
ftr-441	560	5	tax	tax	NOUN
ftr-441	560	6	-	-	PUNCT
ftr-441	560	7	free	free	ADJ
ftr-441	560	8	to	to	ADP
ftr-441	560	9	the	the	DET
ftr-441	560	10	distributees	distributee	NOUN
ftr-441	560	11	,	,	PUNCT
ftr-441	560	12	and	and	CCONJ
ftr-441	560	13	the	the	DET
ftr-441	560	14	reinvestments	reinvestment	NOUN
ftr-441	560	15	would	would	AUX
ftr-441	560	16	produce	produce	VERB
ftr-441	560	17	the	the	DET
ftr-441	560	18	desired	desire	VERB
ftr-441	560	19	increase	increase	NOUN
ftr-441	560	20	in	in	ADP
ftr-441	560	21	outside	outside	ADJ
ftr-441	560	22	basis	basis	NOUN
ftr-441	560	23	.	.	PUNCT
ftr-441	561	1	at	at	ADP
ftr-441	561	2	least	least	ADJ
ftr-441	561	3	in	in	ADP
ftr-441	561	4	theory	theory	NOUN
ftr-441	561	5	,	,	PUNCT
ftr-441	561	6	if	if	SCONJ
ftr-441	561	7	all	all	DET
ftr-441	561	8	retained	retain	VERB
ftr-441	561	9	earnings	earning	NOUN
ftr-441	561	10	were	be	AUX
ftr-441	561	11	made	make	VERB
ftr-441	561	12	subject	subject	ADJ
ftr-441	561	13	to	to	ADP
ftr-441	561	14	a	a	DET
ftr-441	561	15	drip	drip	NOUN
ftr-441	561	16	,	,	PUNCT
ftr-441	561	17	then	then	ADV
ftr-441	561	18	capital	capital	NOUN
ftr-441	561	19	gain	gain	NOUN
ftr-441	561	20	and	and	CCONJ
ftr-441	561	21	loss	loss	NOUN
ftr-441	561	22	would	would	AUX
ftr-441	561	23	reflect	reflect	VERB
ftr-441	561	24	only	only	ADV
ftr-441	561	25	unrealized	unrealized	ADJ
ftr-441	561	26	gains	gain	NOUN
ftr-441	561	27	and	and	CCONJ
ftr-441	561	28	losses	loss	NOUN
ftr-441	561	29	at	at	ADP
ftr-441	561	30	the	the	DET
ftr-441	561	31	firm	firm	ADJ
ftr-441	561	32	level	level	NOUN
ftr-441	561	33	.	.	PUNCT
ftr-441	562	1	if	if	SCONJ
ftr-441	562	2	such	such	ADJ
ftr-441	562	3	gain	gain	NOUN
ftr-441	562	4	and	and	CCONJ
ftr-441	562	5	loss	loss	NOUN
ftr-441	562	6	were	be	AUX
ftr-441	562	7	taxed	tax	VERB
ftr-441	562	8	,	,	PUNCT
ftr-441	562	9	an	an	DET
ftr-441	562	10	inside	inside	ADJ
ftr-441	562	11	basis	basis	NOUN
ftr-441	562	12	adjustment	adjustment	NOUN
ftr-441	562	13	could	could	AUX
ftr-441	562	14	be	be	AUX
ftr-441	562	15	made	make	VERB
ftr-441	562	16	to	to	PART
ftr-441	562	17	preclude	preclude	VERB
ftr-441	562	18	the	the	DET
ftr-441	562	19	same	same	ADJ
ftr-441	562	20	gain	gain	NOUN
ftr-441	562	21	or	or	CCONJ
ftr-441	562	22	loss	loss	NOUN
ftr-441	562	23	from	from	ADP
ftr-441	562	24	being	be	AUX
ftr-441	562	25	taxed	tax	VERB
ftr-441	562	26	again	again	ADV
ftr-441	562	27	when	when	SCONJ
ftr-441	562	28	realized	realize	VERB
ftr-441	562	29	by	by	ADP
ftr-441	562	30	the	the	DET
ftr-441	562	31	firm	firm	NOUN
ftr-441	562	32	.	.	PUNCT
ftr-441	563	1	a	a	DET
ftr-441	563	2	drip	drip	NOUN
ftr-441	563	3	,	,	PUNCT
ftr-441	563	4	however	however	ADV
ftr-441	563	5	,	,	PUNCT
ftr-441	563	6	is	be	AUX
ftr-441	563	7	nothing	nothing	PRON
ftr-441	563	8	more	more	ADJ
ftr-441	563	9	than	than	ADP
ftr-441	563	10	an	an	DET
ftr-441	563	11	allocation	allocation	NOUN
ftr-441	563	12	of	of	ADP
ftr-441	563	13	undistributed	undistributed	ADJ
ftr-441	563	14	income	income	NOUN
ftr-441	563	15	among	among	ADP
ftr-441	563	16	the	the	DET
ftr-441	563	17	owners	owner	NOUN
ftr-441	563	18	of	of	ADP
ftr-441	563	19	the	the	DET
ftr-441	563	20	firm	firm	NOUN
ftr-441	563	21	,	,	PUNCT
ftr-441	563	22	the	the	DET
ftr-441	563	23	core	core	NOUN
ftr-441	563	24	requirement	requirement	NOUN
ftr-441	563	25	of	of	ADP
ftr-441	563	26	existing	exist	VERB
ftr-441	563	27	subchapter	subchapter	NOUN
ftr-441	563	28	k.	k.	NOUN
ftr-441	564	1	although	although	SCONJ
ftr-441	564	2	the	the	DET
ftr-441	564	3	ramifications	ramification	NOUN
ftr-441	564	4	of	of	ADP
ftr-441	564	5	a	a	DET
ftr-441	564	6	drip	drip	NOUN
ftr-441	564	7	under	under	ADP
ftr-441	564	8	an	an	DET
ftr-441	564	9	entity	entity	NOUN
ftr-441	564	10	-	-	PUNCT
ftr-441	564	11	level	level	NOUN
ftr-441	564	12	tax	tax	NOUN
ftr-441	564	13	would	would	AUX
ftr-441	564	14	be	be	AUX
ftr-441	564	15	less	less	ADV
ftr-441	564	16	significant	significant	ADJ
ftr-441	564	17	than	than	ADP
ftr-441	564	18	under	under	ADP
ftr-441	564	19	subchapter	subchapter	NOUN
ftr-441	564	20	k	k	PROPN
ftr-441	565	1	because	because	SCONJ
ftr-441	565	2	the	the	DET
ftr-441	565	3	income	income	NOUN
ftr-441	565	4	being	be	AUX
ftr-441	565	5	allocated	allocate	VERB
ftr-441	565	6	under	under	ADP
ftr-441	565	7	the	the	DET
ftr-441	565	8	drip	drip	NOUN
ftr-441	565	9	would	would	AUX
ftr-441	565	10	already	already	ADV
ftr-441	565	11	have	have	AUX
ftr-441	565	12	been	be	AUX
ftr-441	565	13	subject	subject	ADJ
ftr-441	565	14	to	to	ADP
ftr-441	565	15	tax	tax	NOUN
ftr-441	565	16	,	,	PUNCT
ftr-441	565	17	nevertheless	nevertheless	ADV
ftr-441	565	18	the	the	DET
ftr-441	565	19	practical	practical	ADJ
ftr-441	565	20	difficulties	difficulty	NOUN
ftr-441	565	21	with	with	ADP
ftr-441	565	22	the	the	DET
ftr-441	565	23	allocation	allocation	NOUN
ftr-441	565	24	would	would	AUX
ftr-441	565	25	be	be	AUX
ftr-441	565	26	the	the	DET
ftr-441	565	27	same	same	ADJ
ftr-441	565	28	.	.	PUNCT
ftr-441	566	1	if	if	SCONJ
ftr-441	566	2	a	a	DET
ftr-441	566	3	set	set	NOUN
ftr-441	566	4	of	of	ADP
ftr-441	566	5	rules	rule	NOUN
ftr-441	566	6	could	could	AUX
ftr-441	566	7	be	be	AUX
ftr-441	566	8	developed	develop	VERB
ftr-441	566	9	to	to	PART
ftr-441	566	10	specify	specify	VERB
ftr-441	566	11	the	the	DET
ftr-441	566	12	appropriate	appropriate	ADJ
ftr-441	566	13	outside	outside	ADJ
ftr-441	566	14	basis	basis	NOUN
ftr-441	566	15	adjustments	adjustment	NOUN
ftr-441	566	16	for	for	ADP
ftr-441	566	17	private	private	ADJ
ftr-441	566	18	business	business	NOUN
ftr-441	566	19	firms	firm	NOUN
ftr-441	566	20	with	with	ADP
ftr-441	566	21	tiers	tier	NOUN
ftr-441	566	22	of	of	ADP
ftr-441	566	23	owners	owner	NOUN
ftr-441	566	24	and	and	CCONJ
ftr-441	566	25	preferential	preferential	ADJ
ftr-441	566	26	,	,	PUNCT
ftr-441	566	27	contingent	contingent	NOUN
ftr-441	566	28	,	,	PUNCT
ftr-441	566	29	and	and	CCONJ
ftr-441	566	30	inchoate	inchoate	ADJ
ftr-441	566	31	ownership	ownership	NOUN
ftr-441	566	32	interests	interest	NOUN
ftr-441	566	33	,	,	PUNCT
ftr-441	566	34	among	among	ADP
ftr-441	566	35	other	other	ADJ
ftr-441	566	36	things	thing	NOUN
ftr-441	566	37	,	,	PUNCT
ftr-441	566	38	those	those	DET
ftr-441	566	39	same	same	ADJ
ftr-441	566	40	rules	rule	NOUN
ftr-441	566	41	could	could	AUX
ftr-441	566	42	be	be	AUX
ftr-441	566	43	utilized	utilize	VERB
ftr-441	566	44	to	to	PART
ftr-441	566	45	implement	implement	VERB
ftr-441	566	46	a	a	DET
ftr-441	566	47	conduit	conduit	NOUN
ftr-441	566	48	tax	tax	NOUN
ftr-441	566	49	system	system	NOUN
ftr-441	566	50	.	.	PUNCT
ftr-441	567	1	in	in	ADP
ftr-441	567	2	addition	addition	NOUN
ftr-441	567	3	,	,	PUNCT
ftr-441	567	4	the	the	DET
ftr-441	567	5	necessary	necessary	ADJ
ftr-441	567	6	,	,	PUNCT
ftr-441	567	7	accompanying	accompany	VERB
ftr-441	567	8	inside	inside	ADJ
ftr-441	567	9	basis	basis	NOUN
ftr-441	567	10	adjustment	adjustment	NOUN
ftr-441	567	11	might	might	AUX
ftr-441	567	12	encounter	encounter	VERB
ftr-441	567	13	the	the	DET
ftr-441	567	14	same	same	ADJ
ftr-441	567	15	problems	problem	NOUN
ftr-441	567	16	as	as	ADP
ftr-441	567	17	under	under	ADP
ftr-441	567	18	the	the	DET
ftr-441	567	19	current	current	ADJ
ftr-441	567	20	law	law	NOUN
ftr-441	567	21	of	of	ADP
ftr-441	567	22	subchapter	subchapter	NOUN
ftr-441	567	23	k.76	k.76	PROPN
ftr-441	567	24	both	both	CCONJ
ftr-441	567	25	the	the	DET
ftr-441	567	26	treasury	treasury	PROPN
ftr-441	567	27	and	and	CCONJ
ftr-441	567	28	the	the	DET
ftr-441	567	29	ali	ali	PROPN
ftr-441	567	30	reporter	reporter	NOUN
ftr-441	567	31	suggested	suggest	VERB
ftr-441	567	32	an	an	DET
ftr-441	567	33	elective	elective	ADJ
ftr-441	567	34	drip	drip	NOUN
ftr-441	567	35	to	to	PART
ftr-441	567	36	be	be	AUX
ftr-441	567	37	fashioned	fashion	VERB
ftr-441	567	38	by	by	ADP
ftr-441	567	39	the	the	DET
ftr-441	567	40	taxpayer	taxpayer	NOUN
ftr-441	567	41	.	.	PUNCT
ftr-441	568	1	but	but	CCONJ
ftr-441	568	2	an	an	DET
ftr-441	568	3	elective	elective	ADJ
ftr-441	568	4	drip	drip	NOUN
ftr-441	568	5	would	would	AUX
ftr-441	568	6	still	still	ADV
ftr-441	568	7	face	face	VERB
ftr-441	568	8	the	the	DET
ftr-441	568	9	same	same	ADJ
ftr-441	568	10	problems	problem	NOUN
ftr-441	568	11	,	,	PUNCT
ftr-441	568	12	the	the	DET
ftr-441	568	13	only	only	ADJ
ftr-441	568	14	difference	difference	NOUN
ftr-441	568	15	being	be	AUX
ftr-441	568	16	that	that	SCONJ
ftr-441	568	17	there	there	PRON
ftr-441	568	18	would	would	AUX
ftr-441	568	19	be	be	AUX
ftr-441	568	20	an	an	DET
ftr-441	568	21	initial	initial	ADJ
ftr-441	568	22	,	,	PUNCT
ftr-441	568	23	ad	ad	X
ftr-441	568	24	hoc	hoc	X
ftr-441	568	25	development	development	NOUN
ftr-441	568	26	of	of	ADP
ftr-441	568	27	taxpayer	taxpayer	NOUN
ftr-441	568	28	-	-	PUNCT
ftr-441	568	29	favorable	favorable	ADJ
ftr-441	568	30	allocation	allocation	NOUN
ftr-441	568	31	schemes	scheme	NOUN
ftr-441	568	32	.	.	PUNCT
ftr-441	569	1	also	also	ADV
ftr-441	569	2	,	,	PUNCT
ftr-441	569	3	in	in	ADP
ftr-441	569	4	certain	certain	ADJ
ftr-441	569	5	circumstances	circumstance	NOUN
ftr-441	569	6	,	,	PUNCT
ftr-441	569	7	firms	firm	NOUN
ftr-441	569	8	might	might	AUX
ftr-441	569	9	find	find	VERB
ftr-441	569	10	it	it	PRON
ftr-441	569	11	advantageous	advantageous	ADJ
ftr-441	569	12	from	from	ADP
ftr-441	569	13	a	a	DET
ftr-441	569	14	tax	tax	NOUN
ftr-441	569	15	standpoint	standpoint	NOUN
ftr-441	569	16	not	not	PART
ftr-441	569	17	to	to	PART
ftr-441	569	18	distribute	distribute	VERB
ftr-441	569	19	constructively	constructively	ADV
ftr-441	569	20	all	all	PRON
ftr-441	569	21	of	of	ADP
ftr-441	569	22	their	their	PRON
ftr-441	569	23	retained	retain	VERB
ftr-441	569	24	earnings	earning	NOUN
ftr-441	569	25	.	.	PUNCT
ftr-441	570	1	no	no	ADV
ftr-441	570	2	doubt	doubt	ADV
ftr-441	570	3	,	,	PUNCT
ftr-441	570	4	there	there	PRON
ftr-441	570	5	would	would	AUX
ftr-441	570	6	follow	follow	VERB
ftr-441	570	7	the	the	DET
ftr-441	570	8	inevitable	inevitable	ADJ
ftr-441	570	9	congressional	congressional	ADJ
ftr-441	570	10	and	and	CCONJ
ftr-441	570	11	treasury	treasury	NOUN
ftr-441	570	12	responses	response	NOUN
ftr-441	570	13	to	to	ADP
ftr-441	570	14	those	those	DET
ftr-441	570	15	schemes	scheme	NOUN
ftr-441	570	16	-	-	PUNCT
ftr-441	570	17	like	like	ADP
ftr-441	570	18	a	a	DET
ftr-441	570	19	"	"	PUNCT
ftr-441	570	20	substantial	substantial	ADJ
ftr-441	570	21	economic	economic	ADJ
ftr-441	570	22	effect	effect	NOUN
ftr-441	570	23	"	"	PUNCT
ftr-441	570	24	test	test	NOUN
ftr-441	570	25	in	in	ADP
ftr-441	570	26	order	order	NOUN
ftr-441	570	27	to	to	PART
ftr-441	570	28	validate	validate	VERB
ftr-441	570	29	a	a	DET
ftr-441	570	30	drip	drip	NOUN
ftr-441	570	31	-	-	PUNCT
ftr-441	570	32	with	with	ADP
ftr-441	570	33	resulting	result	VERB
ftr-441	570	34	considerable	considerable	ADJ
ftr-441	570	35	complication	complication	NOUN
ftr-441	570	36	.	.	PUNCT
ftr-441	571	1	in	in	ADP
ftr-441	571	2	short	short	ADJ
ftr-441	571	3	,	,	PUNCT
ftr-441	571	4	adoption	adoption	NOUN
ftr-441	571	5	of	of	ADP
ftr-441	571	6	a	a	DET
ftr-441	571	7	drip	drip	NOUN
ftr-441	571	8	may	may	AUX
ftr-441	571	9	encounter	encounter	VERB
ftr-441	571	10	many	many	ADJ
ftr-441	571	11	of	of	ADP
ftr-441	571	12	the	the	DET
ftr-441	571	13	same	same	ADJ
ftr-441	571	14	daunting	daunting	ADJ
ftr-441	571	15	allocation	allocation	NOUN
ftr-441	571	16	problems	problem	NOUN
ftr-441	571	17	now	now	ADV
ftr-441	571	18	dealt	deal	VERB
ftr-441	571	19	with	with	ADP
ftr-441	571	20	under	under	ADP
ftr-441	571	21	subchapter	subchapter	NOUN
ftr-441	571	22	k.	k.	PROPN
ftr-441	572	1	another	another	DET
ftr-441	572	2	possible	possible	ADJ
ftr-441	572	3	solution	solution	NOUN
ftr-441	572	4	is	be	AUX
ftr-441	572	5	to	to	PART
ftr-441	572	6	tax	tax	VERB
ftr-441	572	7	the	the	DET
ftr-441	572	8	capital	capital	NOUN
ftr-441	572	9	gains	gain	NOUN
ftr-441	572	10	,	,	PUNCT
ftr-441	572	11	forgo	forgo	VERB
ftr-441	572	12	a	a	DET
ftr-441	572	13	drip	drip	NOUN
ftr-441	572	14	and	and	CCONJ
ftr-441	572	15	any	any	DET
ftr-441	572	16	basis	basis	NOUN
ftr-441	572	17	adjustments	adjustment	NOUN
ftr-441	572	18	,	,	PUNCT
ftr-441	572	19	and	and	CCONJ
ftr-441	572	20	simply	simply	ADV
ftr-441	572	21	permit	permit	VERB
ftr-441	572	22	the	the	DET
ftr-441	572	23	liberal	liberal	ADJ
ftr-441	572	24	utilization	utilization	NOUN
ftr-441	572	25	of	of	ADP
ftr-441	572	26	capital	capital	NOUN
ftr-441	572	27	losses	loss	NOUN
ftr-441	572	28	.	.	PUNCT
ftr-441	573	1	the	the	DET
ftr-441	573	2	theory	theory	NOUN
ftr-441	573	3	is	be	AUX
ftr-441	573	4	that	that	PRON
ftr-441	573	5	to	to	ADP
ftr-441	573	6	the	the	DET
ftr-441	573	7	extent	extent	NOUN
ftr-441	573	8	the	the	DET
ftr-441	573	9	capital	capital	NOUN
ftr-441	573	10	gain	gain	NOUN
ftr-441	573	11	ought	ought	AUX
ftr-441	573	12	not	not	PART
ftr-441	573	13	be	be	AUX
ftr-441	573	14	taxed	tax	VERB
ftr-441	573	15	because	because	SCONJ
ftr-441	573	16	it	it	PRON
ftr-441	573	17	represents	represent	VERB
ftr-441	573	18	fully	fully	ADV
ftr-441	573	19	-	-	PUNCT
ftr-441	573	20	taxed	tax	VERB
ftr-441	573	21	or	or	CCONJ
ftr-441	573	22	preference	preference	NOUN
ftr-441	573	23	income	income	NOUN
ftr-441	573	24	accumulated	accumulate	VERB
ftr-441	573	25	by	by	ADP
ftr-441	573	26	the	the	DET
ftr-441	573	27	75	75	NUM
ftr-441	573	28	.	.	PUNCT
ftr-441	574	1	see	see	VERB
ftr-441	574	2	treasury	treasury	NOUN
ftr-441	574	3	integration	integration	NOUN
ftr-441	574	4	report	report	NOUN
ftr-441	574	5	,	,	PUNCT
ftr-441	574	6	supra	supra	PROPN
ftr-441	574	7	note	note	PROPN
ftr-441	574	8	28	28	NUM
ftr-441	574	9	,	,	PUNCT
ftr-441	574	10	at	at	ADP
ftr-441	574	11	87	87	NUM
ftr-441	574	12	-	-	SYM
ftr-441	574	13	88	88	NUM
ftr-441	574	14	;	;	PUNCT
ftr-441	574	15	american	american	PROPN
ftr-441	574	16	law	law	PROPN
ftr-441	574	17	institute	institute	PROPN
ftr-441	574	18	,	,	PUNCT
ftr-441	574	19	federal	federal	ADJ
ftr-441	574	20	income	income	NOUN
ftr-441	574	21	tax	tax	NOUN
ftr-441	574	22	project	project	NOUN
ftr-441	574	23	-	-	PUNCT
ftr-441	574	24	integration	integration	NOUN
ftr-441	574	25	of	of	ADP
ftr-441	574	26	the	the	DET
ftr-441	574	27	individual	individual	ADJ
ftr-441	574	28	and	and	CCONJ
ftr-441	574	29	corporate	corporate	ADJ
ftr-441	574	30	income	income	NOUN
ftr-441	574	31	taxes	taxis	NOUN
ftr-441	574	32	-	-	PUNCT
ftr-441	574	33	reporter	reporter	NOUN
ftr-441	574	34	's	's	PART
ftr-441	574	35	study	study	NOUN
ftr-441	574	36	of	of	ADP
ftr-441	574	37	corporate	corporate	ADJ
ftr-441	574	38	tax	tax	NOUN
ftr-441	574	39	integration	integration	NOUN
ftr-441	574	40	126	126	NUM
ftr-441	574	41	-	-	SYM
ftr-441	574	42	27	27	NUM
ftr-441	574	43	(	(	PUNCT
ftr-441	574	44	1993	1993	NUM
ftr-441	574	45	)	)	PUNCT
ftr-441	574	46	(	(	PUNCT
ftr-441	574	47	proposal	proposal	NOUN
ftr-441	574	48	5	5	NUM
ftr-441	574	49	)	)	PUNCT
ftr-441	575	1	[	[	X
ftr-441	575	2	hereinafter	hereinafter	NOUN
ftr-441	575	3	ali	ali	PROPN
ftr-441	575	4	reporter	reporter	PROPN
ftr-441	575	5	's	's	PART
ftr-441	575	6	integration	integration	NOUN
ftr-441	575	7	study	study	NOUN
ftr-441	575	8	]	]	PUNCT
ftr-441	575	9	.	.	PUNCT
ftr-441	576	1	76	76	NUM
ftr-441	576	2	.	.	PUNCT
ftr-441	577	1	see	see	VERB
ftr-441	577	2	irc	irc	PROPN
ftr-441	577	3	§	§	PROPN
ftr-441	577	4	§	§	PROPN
ftr-441	577	5	734	734	NUM
ftr-441	577	6	,	,	PUNCT
ftr-441	577	7	743	743	NUM
ftr-441	577	8	,	,	PUNCT
ftr-441	577	9	and	and	CCONJ
ftr-441	577	10	755	755	NUM
ftr-441	577	11	.	.	NOUN
ftr-441	577	12	1999	1999	NUM
ftr-441	577	13	]	]	PUNCT
ftr-441	577	14	florida	florida	PROPN
ftr-441	577	15	tax	tax	PROPN
ftr-441	577	16	review	review	NOUN
ftr-441	577	17	firm	firm	NOUN
ftr-441	577	18	,	,	PUNCT
ftr-441	577	19	there	there	PRON
ftr-441	577	20	will	will	AUX
ftr-441	577	21	subsequently	subsequently	ADV
ftr-441	577	22	be	be	AUX
ftr-441	577	23	an	an	DET
ftr-441	577	24	offsetting	offset	VERB
ftr-441	577	25	capital	capital	NOUN
ftr-441	577	26	loss	loss	NOUN
ftr-441	577	27	to	to	ADP
ftr-441	577	28	the	the	DET
ftr-441	577	29	purchaser	purchaser	NOUN
ftr-441	577	30	of	of	ADP
ftr-441	577	31	the	the	DET
ftr-441	577	32	ownership	ownership	NOUN
ftr-441	577	33	interest	interest	NOUN
ftr-441	577	34	when	when	SCONJ
ftr-441	577	35	the	the	DET
ftr-441	577	36	income	income	NOUN
ftr-441	577	37	is	be	AUX
ftr-441	577	38	distributed	distribute	VERB
ftr-441	577	39	out	out	ADP
ftr-441	577	40	of	of	ADP
ftr-441	577	41	the	the	DET
ftr-441	577	42	firm	firm	NOUN
ftr-441	577	43	.	.	PUNCT
ftr-441	578	1	thus	thus	ADV
ftr-441	578	2	,	,	PUNCT
ftr-441	578	3	so	so	ADV
ftr-441	578	4	long	long	ADV
ftr-441	578	5	as	as	SCONJ
ftr-441	578	6	the	the	DET
ftr-441	578	7	capital	capital	NOUN
ftr-441	578	8	loss	loss	NOUN
ftr-441	578	9	can	can	AUX
ftr-441	578	10	be	be	AUX
ftr-441	578	11	easily	easily	ADV
ftr-441	578	12	utilized	utilize	VERB
ftr-441	578	13	,	,	PUNCT
ftr-441	578	14	overall	overall	ADJ
ftr-441	578	15	double	double	ADJ
ftr-441	578	16	taxation	taxation	NOUN
ftr-441	578	17	would	would	AUX
ftr-441	578	18	be	be	AUX
ftr-441	578	19	avoided	avoid	VERB
ftr-441	578	20	.	.	PUNCT
ftr-441	579	1	one	one	NUM
ftr-441	579	2	problem	problem	NOUN
ftr-441	579	3	with	with	ADP
ftr-441	579	4	this	this	DET
ftr-441	579	5	approach	approach	NOUN
ftr-441	579	6	,	,	PUNCT
ftr-441	579	7	however	however	ADV
ftr-441	579	8	,	,	PUNCT
ftr-441	579	9	is	be	AUX
ftr-441	579	10	that	that	SCONJ
ftr-441	579	11	the	the	DET
ftr-441	579	12	offsetting	offset	VERB
ftr-441	579	13	capital	capital	NOUN
ftr-441	579	14	loss	loss	NOUN
ftr-441	579	15	may	may	AUX
ftr-441	579	16	not	not	PART
ftr-441	579	17	arise	arise	VERB
ftr-441	579	18	until	until	ADP
ftr-441	579	19	many	many	ADJ
ftr-441	579	20	years	year	NOUN
ftr-441	579	21	after	after	SCONJ
ftr-441	579	22	the	the	DET
ftr-441	579	23	capital	capital	NOUN
ftr-441	579	24	gain	gain	NOUN
ftr-441	579	25	is	be	AUX
ftr-441	579	26	incurred	incur	VERB
ftr-441	579	27	and	and	CCONJ
ftr-441	579	28	the	the	DET
ftr-441	579	29	tax	tax	NOUN
ftr-441	579	30	is	be	AUX
ftr-441	579	31	paid	pay	VERB
ftr-441	579	32	.	.	PUNCT
ftr-441	580	1	further	far	ADV
ftr-441	580	2	,	,	PUNCT
ftr-441	580	3	there	there	PRON
ftr-441	580	4	is	be	VERB
ftr-441	580	5	a	a	DET
ftr-441	580	6	potential	potential	ADJ
ftr-441	580	7	rate	rate	NOUN
ftr-441	580	8	arbitrage	arbitrage	NOUN
ftr-441	580	9	problem	problem	NOUN
ftr-441	580	10	:	:	PUNCT
ftr-441	580	11	the	the	DET
ftr-441	580	12	seller	seller	NOUN
ftr-441	580	13	who	who	PRON
ftr-441	580	14	incurs	incur	VERB
ftr-441	580	15	the	the	DET
ftr-441	580	16	capital	capital	NOUN
ftr-441	580	17	gain	gain	NOUN
ftr-441	580	18	may	may	AUX
ftr-441	580	19	not	not	PART
ftr-441	580	20	be	be	AUX
ftr-441	580	21	taxed	tax	VERB
ftr-441	580	22	at	at	ADP
ftr-441	580	23	the	the	DET
ftr-441	580	24	same	same	ADJ
ftr-441	580	25	rate	rate	NOUN
ftr-441	580	26	as	as	ADP
ftr-441	580	27	the	the	DET
ftr-441	580	28	purchaser	purchaser	NOUN
ftr-441	580	29	who	who	PRON
ftr-441	580	30	obtains	obtain	VERB
ftr-441	580	31	the	the	DET
ftr-441	580	32	capital	capital	NOUN
ftr-441	580	33	loss	loss	NOUN
ftr-441	580	34	.	.	PUNCT
ftr-441	581	1	finally	finally	ADV
ftr-441	581	2	,	,	PUNCT
ftr-441	581	3	full	full	ADJ
ftr-441	581	4	taxation	taxation	NOUN
ftr-441	581	5	of	of	ADP
ftr-441	581	6	capital	capital	NOUN
ftr-441	581	7	gains	gain	NOUN
ftr-441	581	8	without	without	ADP
ftr-441	581	9	a	a	DET
ftr-441	581	10	drip	drip	NOUN
ftr-441	581	11	,	,	PUNCT
ftr-441	581	12	even	even	ADV
ftr-441	581	13	with	with	ADP
ftr-441	581	14	liberal	liberal	ADJ
ftr-441	581	15	availability	availability	NOUN
ftr-441	581	16	of	of	ADP
ftr-441	581	17	capital	capital	NOUN
ftr-441	581	18	losses	loss	NOUN
ftr-441	581	19	,	,	PUNCT
ftr-441	581	20	might	might	AUX
ftr-441	581	21	place	place	VERB
ftr-441	581	22	undue	undue	ADJ
ftr-441	581	23	pressure	pressure	NOUN
ftr-441	581	24	on	on	ADP
ftr-441	581	25	firms	firm	NOUN
ftr-441	581	26	to	to	PART
ftr-441	581	27	distribute	distribute	VERB
ftr-441	581	28	their	their	PRON
ftr-441	581	29	earnings	earning	NOUN
ftr-441	581	30	.	.	PUNCT
ftr-441	582	1	the	the	DET
ftr-441	582	2	opposite	opposite	ADJ
ftr-441	582	3	approach	approach	NOUN
ftr-441	582	4	,	,	PUNCT
ftr-441	582	5	also	also	ADV
ftr-441	582	6	suggested	suggest	VERB
ftr-441	582	7	by	by	ADP
ftr-441	582	8	the	the	DET
ftr-441	582	9	treasury	treasury	PROPN
ftr-441	582	10	department	department	PROPN
ftr-441	582	11	,	,	PUNCT
ftr-441	582	12	would	would	AUX
ftr-441	582	13	be	be	AUX
ftr-441	582	14	to	to	PART
ftr-441	582	15	exempt	exempt	VERB
ftr-441	582	16	the	the	DET
ftr-441	582	17	capital	capital	NOUN
ftr-441	582	18	gain	gain	NOUN
ftr-441	582	19	from	from	ADP
ftr-441	582	20	taxation.77	taxation.77	NOUN
ftr-441	582	21	as	as	SCONJ
ftr-441	582	22	noted	note	VERB
ftr-441	582	23	,	,	PUNCT
ftr-441	582	24	the	the	DET
ftr-441	582	25	only	only	ADJ
ftr-441	582	26	element	element	NOUN
ftr-441	582	27	of	of	ADP
ftr-441	582	28	the	the	DET
ftr-441	582	29	capital	capital	NOUN
ftr-441	582	30	gain	gain	NOUN
ftr-441	582	31	that	that	PRON
ftr-441	582	32	ought	ought	AUX
ftr-441	582	33	to	to	PART
ftr-441	582	34	be	be	AUX
ftr-441	582	35	taxed	tax	VERB
ftr-441	582	36	is	be	AUX
ftr-441	582	37	the	the	DET
ftr-441	582	38	amount	amount	NOUN
ftr-441	582	39	equal	equal	ADJ
ftr-441	582	40	to	to	ADP
ftr-441	582	41	the	the	DET
ftr-441	582	42	unrealized	unrealized	ADJ
ftr-441	582	43	gains	gain	NOUN
ftr-441	582	44	or	or	CCONJ
ftr-441	582	45	losses	loss	NOUN
ftr-441	582	46	at	at	ADP
ftr-441	582	47	the	the	DET
ftr-441	582	48	firm	firm	ADJ
ftr-441	582	49	level	level	NOUN
ftr-441	582	50	.	.	PUNCT
ftr-441	583	1	but	but	CCONJ
ftr-441	583	2	such	such	ADJ
ftr-441	583	3	gains	gain	NOUN
ftr-441	583	4	or	or	CCONJ
ftr-441	583	5	losses	loss	NOUN
ftr-441	583	6	can	can	AUX
ftr-441	583	7	be	be	AUX
ftr-441	583	8	taxed	tax	VERB
ftr-441	583	9	when	when	SCONJ
ftr-441	583	10	realized	realize	VERB
ftr-441	583	11	by	by	ADP
ftr-441	583	12	the	the	DET
ftr-441	583	13	firm	firm	NOUN
ftr-441	583	14	.	.	PUNCT
ftr-441	584	1	thus	thus	ADV
ftr-441	584	2	,	,	PUNCT
ftr-441	584	3	a	a	DET
ftr-441	584	4	capital	capital	NOUN
ftr-441	584	5	gains	gain	NOUN
ftr-441	584	6	exemption	exemption	NOUN
ftr-441	584	7	(	(	PUNCT
ftr-441	584	8	and	and	CCONJ
ftr-441	584	9	,	,	PUNCT
ftr-441	584	10	of	of	ADP
ftr-441	584	11	course	course	NOUN
ftr-441	584	12	,	,	PUNCT
ftr-441	584	13	nonrecognition	nonrecognition	NOUN
ftr-441	584	14	of	of	ADP
ftr-441	584	15	capital	capital	NOUN
ftr-441	584	16	losses	loss	NOUN
ftr-441	584	17	)	)	PUNCT
ftr-441	584	18	would	would	AUX
ftr-441	584	19	still	still	ADV
ftr-441	584	20	permit	permit	VERB
ftr-441	584	21	a	a	DET
ftr-441	584	22	single	single	ADJ
ftr-441	584	23	tax	tax	NOUN
ftr-441	584	24	to	to	PART
ftr-441	584	25	be	be	AUX
ftr-441	584	26	collected	collect	VERB
ftr-441	584	27	ultimately	ultimately	ADV
ftr-441	584	28	on	on	ADP
ftr-441	584	29	all	all	DET
ftr-441	584	30	income	income	NOUN
ftr-441	584	31	earned	earn	VERB
ftr-441	584	32	by	by	ADP
ftr-441	584	33	the	the	DET
ftr-441	584	34	firm	firm	NOUN
ftr-441	584	35	.	.	PUNCT
ftr-441	585	1	moreover	moreover	ADV
ftr-441	585	2	,	,	PUNCT
ftr-441	585	3	it	it	PRON
ftr-441	585	4	would	would	AUX
ftr-441	585	5	do	do	VERB
ftr-441	585	6	so	so	ADV
ftr-441	585	7	in	in	ADP
ftr-441	585	8	a	a	DET
ftr-441	585	9	very	very	ADV
ftr-441	585	10	simple	simple	ADJ
ftr-441	585	11	fashion	fashion	NOUN
ftr-441	585	12	,	,	PUNCT
ftr-441	585	13	without	without	ADP
ftr-441	585	14	the	the	DET
ftr-441	585	15	need	need	NOUN
ftr-441	585	16	of	of	ADP
ftr-441	585	17	a	a	DET
ftr-441	585	18	drip	drip	NOUN
ftr-441	585	19	or	or	CCONJ
ftr-441	585	20	inside	inside	ADJ
ftr-441	585	21	basis	basis	NOUN
ftr-441	585	22	adjustments	adjustment	NOUN
ftr-441	585	23	.	.	PUNCT
ftr-441	586	1	the	the	DET
ftr-441	586	2	principal	principal	ADJ
ftr-441	586	3	problem	problem	NOUN
ftr-441	586	4	with	with	ADP
ftr-441	586	5	this	this	DET
ftr-441	586	6	idea	idea	NOUN
ftr-441	586	7	is	be	AUX
ftr-441	586	8	the	the	DET
ftr-441	586	9	deferral	deferral	NOUN
ftr-441	586	10	that	that	PRON
ftr-441	586	11	would	would	AUX
ftr-441	586	12	be	be	AUX
ftr-441	586	13	permitted	permit	VERB
ftr-441	586	14	,	,	PUNCT
ftr-441	586	15	and	and	CCONJ
ftr-441	586	16	the	the	DET
ftr-441	586	17	resulting	result	VERB
ftr-441	586	18	distortions	distortion	NOUN
ftr-441	586	19	potentially	potentially	ADV
ftr-441	586	20	created	create	VERB
ftr-441	586	21	.	.	PUNCT
ftr-441	587	1	if	if	SCONJ
ftr-441	587	2	an	an	DET
ftr-441	587	3	acquisition	acquisition	NOUN
ftr-441	587	4	of	of	ADP
ftr-441	587	5	the	the	DET
ftr-441	587	6	ownership	ownership	NOUN
ftr-441	587	7	interests	interest	NOUN
ftr-441	587	8	of	of	ADP
ftr-441	587	9	a	a	DET
ftr-441	587	10	firm	firm	NOUN
ftr-441	587	11	were	be	AUX
ftr-441	587	12	tax	tax	NOUN
ftr-441	587	13	-	-	PUNCT
ftr-441	587	14	free	free	ADJ
ftr-441	587	15	but	but	CCONJ
ftr-441	587	16	the	the	DET
ftr-441	587	17	acquisition	acquisition	NOUN
ftr-441	587	18	of	of	ADP
ftr-441	587	19	the	the	DET
ftr-441	587	20	firm	firm	NOUN
ftr-441	587	21	's	's	PART
ftr-441	587	22	assets	asset	NOUN
ftr-441	587	23	were	be	AUX
ftr-441	587	24	not	not	PART
ftr-441	587	25	,	,	PUNCT
ftr-441	587	26	there	there	PRON
ftr-441	587	27	would	would	AUX
ftr-441	587	28	be	be	AUX
ftr-441	587	29	a	a	DET
ftr-441	587	30	clear	clear	ADJ
ftr-441	587	31	bias	bias	NOUN
ftr-441	587	32	in	in	ADP
ftr-441	587	33	favor	favor	NOUN
ftr-441	587	34	of	of	ADP
ftr-441	587	35	the	the	DET
ftr-441	587	36	former	former	ADJ
ftr-441	587	37	transaction	transaction	NOUN
ftr-441	587	38	.	.	PUNCT
ftr-441	588	1	this	this	DET
ftr-441	588	2	bias	bias	NOUN
ftr-441	588	3	might	might	AUX
ftr-441	588	4	be	be	AUX
ftr-441	588	5	similar	similar	ADJ
ftr-441	588	6	to	to	ADP
ftr-441	588	7	or	or	CCONJ
ftr-441	588	8	even	even	ADV
ftr-441	588	9	greater	great	ADJ
ftr-441	588	10	than	than	ADP
ftr-441	588	11	the	the	DET
ftr-441	588	12	bias	bias	NOUN
ftr-441	588	13	under	under	ADP
ftr-441	588	14	current	current	ADJ
ftr-441	588	15	law	law	NOUN
ftr-441	588	16	of	of	ADP
ftr-441	588	17	an	an	DET
ftr-441	588	18	acquisition	acquisition	NOUN
ftr-441	588	19	of	of	ADP
ftr-441	588	20	corporate	corporate	ADJ
ftr-441	588	21	stock	stock	NOUN
ftr-441	588	22	(	(	PUNCT
ftr-441	588	23	which	which	PRON
ftr-441	588	24	ordinarily	ordinarily	ADV
ftr-441	588	25	results	result	VERB
ftr-441	588	26	in	in	ADP
ftr-441	588	27	only	only	ADV
ftr-441	588	28	one	one	NUM
ftr-441	588	29	tax	tax	NOUN
ftr-441	588	30	)	)	PUNCT
ftr-441	588	31	over	over	ADP
ftr-441	588	32	an	an	DET
ftr-441	588	33	acquisition	acquisition	NOUN
ftr-441	588	34	of	of	ADP
ftr-441	588	35	the	the	DET
ftr-441	588	36	corporation	corporation	NOUN
ftr-441	588	37	's	's	PART
ftr-441	588	38	assets	asset	NOUN
ftr-441	588	39	(	(	PUNCT
ftr-441	588	40	which	which	PRON
ftr-441	588	41	may	may	AUX
ftr-441	588	42	result	result	VERB
ftr-441	588	43	in	in	ADP
ftr-441	588	44	two	two	NUM
ftr-441	588	45	taxes	taxis	NOUN
ftr-441	588	46	)	)	PUNCT
ftr-441	588	47	.	.	PUNCT
ftr-441	589	1	to	to	PART
ftr-441	589	2	be	be	AUX
ftr-441	589	3	sure	sure	ADJ
ftr-441	589	4	,	,	PUNCT
ftr-441	589	5	the	the	DET
ftr-441	589	6	magnitude	magnitude	NOUN
ftr-441	589	7	of	of	ADP
ftr-441	589	8	the	the	DET
ftr-441	589	9	bias	bias	NOUN
ftr-441	589	10	is	be	AUX
ftr-441	589	11	uncertain	uncertain	ADJ
ftr-441	589	12	.	.	PUNCT
ftr-441	590	1	it	it	PRON
ftr-441	590	2	might	might	AUX
ftr-441	590	3	be	be	AUX
ftr-441	590	4	offset	offset	VERB
ftr-441	590	5	to	to	ADP
ftr-441	590	6	some	some	DET
ftr-441	590	7	extent	extent	NOUN
ftr-441	590	8	by	by	ADP
ftr-441	590	9	an	an	DET
ftr-441	590	10	implicit	implicit	ADJ
ftr-441	590	11	tax	tax	NOUN
ftr-441	590	12	imposed	impose	VERB
ftr-441	590	13	in	in	ADP
ftr-441	590	14	the	the	DET
ftr-441	590	15	capital	capital	NOUN
ftr-441	590	16	gains	gain	NOUN
ftr-441	590	17	transaction	transaction	NOUN
ftr-441	590	18	if	if	SCONJ
ftr-441	590	19	the	the	DET
ftr-441	590	20	price	price	NOUN
ftr-441	590	21	for	for	ADP
ftr-441	590	22	the	the	DET
ftr-441	590	23	ownership	ownership	NOUN
ftr-441	590	24	interests	interest	NOUN
ftr-441	590	25	takes	take	VERB
ftr-441	590	26	into	into	ADP
ftr-441	590	27	account	account	NOUN
ftr-441	590	28	the	the	DET
ftr-441	590	29	unrealized	unrealized	ADJ
ftr-441	590	30	gains	gain	NOUN
ftr-441	590	31	and	and	CCONJ
ftr-441	590	32	future	future	ADJ
ftr-441	590	33	tax	tax	NOUN
ftr-441	590	34	liability	liability	NOUN
ftr-441	590	35	at	at	ADP
ftr-441	590	36	the	the	DET
ftr-441	590	37	entity	entity	NOUN
ftr-441	590	38	level	level	NOUN
ftr-441	590	39	.	.	PUNCT
ftr-441	591	1	nevertheless	nevertheless	ADV
ftr-441	591	2	,	,	PUNCT
ftr-441	591	3	because	because	SCONJ
ftr-441	591	4	taxation	taxation	NOUN
ftr-441	591	5	of	of	ADP
ftr-441	591	6	those	those	DET
ftr-441	591	7	gains	gain	NOUN
ftr-441	591	8	would	would	AUX
ftr-441	591	9	continue	continue	VERB
ftr-441	591	10	to	to	PART
ftr-441	591	11	be	be	AUX
ftr-441	591	12	deferred	defer	VERB
ftr-441	591	13	,	,	PUNCT
ftr-441	591	14	the	the	DET
ftr-441	591	15	implicit	implicit	ADJ
ftr-441	591	16	tax	tax	NOUN
ftr-441	591	17	would	would	AUX
ftr-441	591	18	likely	likely	ADV
ftr-441	591	19	be	be	AUX
ftr-441	591	20	much	much	ADV
ftr-441	591	21	smaller	small	ADJ
ftr-441	591	22	than	than	ADP
ftr-441	591	23	the	the	DET
ftr-441	591	24	explicit	explicit	ADJ
ftr-441	591	25	tax	tax	NOUN
ftr-441	591	26	arising	arise	VERB
ftr-441	591	27	on	on	ADP
ftr-441	591	28	an	an	DET
ftr-441	591	29	asset	asset	NOUN
ftr-441	591	30	sale	sale	NOUN
ftr-441	591	31	,	,	PUNCT
ftr-441	591	32	so	so	SCONJ
ftr-441	591	33	that	that	SCONJ
ftr-441	591	34	some	some	DET
ftr-441	591	35	distortion	distortion	NOUN
ftr-441	591	36	would	would	AUX
ftr-441	591	37	be	be	AUX
ftr-441	591	38	caused	cause	VERB
ftr-441	591	39	.	.	PUNCT
ftr-441	592	1	accelerating	accelerate	VERB
ftr-441	592	2	entity	entity	NOUN
ftr-441	592	3	-	-	PUNCT
ftr-441	592	4	level	level	NOUN
ftr-441	592	5	realization	realization	NOUN
ftr-441	592	6	events	event	NOUN
ftr-441	592	7	would	would	AUX
ftr-441	592	8	reduce	reduce	VERB
ftr-441	592	9	the	the	DET
ftr-441	592	10	distortion	distortion	NOUN
ftr-441	592	11	because	because	SCONJ
ftr-441	592	12	it	it	PRON
ftr-441	592	13	would	would	AUX
ftr-441	592	14	cause	cause	VERB
ftr-441	592	15	the	the	DET
ftr-441	592	16	implicit	implicit	ADJ
ftr-441	592	17	tax	tax	NOUN
ftr-441	592	18	to	to	PART
ftr-441	592	19	be	be	AUX
ftr-441	592	20	closer	close	ADJ
ftr-441	592	21	in	in	ADP
ftr-441	592	22	amount	amount	NOUN
ftr-441	592	23	to	to	ADP
ftr-441	592	24	the	the	DET
ftr-441	592	25	explicit	explicit	ADJ
ftr-441	592	26	tax	tax	NOUN
ftr-441	592	27	.	.	PUNCT
ftr-441	593	1	for	for	ADP
ftr-441	593	2	example	example	NOUN
ftr-441	593	3	,	,	PUNCT
ftr-441	593	4	exemption	exemption	NOUN
ftr-441	593	5	of	of	ADP
ftr-441	593	6	capital	capital	NOUN
ftr-441	593	7	gains	gain	NOUN
ftr-441	593	8	might	might	AUX
ftr-441	593	9	be	be	AUX
ftr-441	593	10	accompanied	accompany	VERB
ftr-441	593	11	by	by	ADP
ftr-441	593	12	a	a	DET
ftr-441	593	13	mandatory	mandatory	ADJ
ftr-441	593	14	section	section	NOUN
ftr-441	593	15	338	338	NUM
ftr-441	593	16	-	-	PUNCT
ftr-441	593	17	type	type	NOUN
ftr-441	593	18	rule	rule	NOUN
ftr-441	593	19	triggering	trigger	VERB
ftr-441	593	20	an	an	DET
ftr-441	593	21	entity	entity	NOUN
ftr-441	593	22	-	-	PUNCT
ftr-441	593	23	level	level	NOUN
ftr-441	593	24	realization	realization	NOUN
ftr-441	593	25	event	event	NOUN
ftr-441	593	26	upon	upon	SCONJ
ftr-441	593	27	a	a	DET
ftr-441	593	28	sufficient	sufficient	ADJ
ftr-441	593	29	change	change	NOUN
ftr-441	593	30	in	in	ADP
ftr-441	593	31	ownership	ownership	NOUN
ftr-441	593	32	of	of	ADP
ftr-441	593	33	a	a	DET
ftr-441	593	34	firm	firm	NOUN
ftr-441	593	35	.	.	PUNCT
ftr-441	594	1	but	but	CCONJ
ftr-441	594	2	implementing	implement	VERB
ftr-441	594	3	a	a	DET
ftr-441	594	4	mandatory	mandatory	ADJ
ftr-441	594	5	section	section	NOUN
ftr-441	594	6	338	338	NUM
ftr-441	594	7	regime	regime	NOUN
ftr-441	594	8	would	would	AUX
ftr-441	594	9	be	be	AUX
ftr-441	594	10	extraordinarily	extraordinarily	ADV
ftr-441	594	11	77	77	NUM
ftr-441	594	12	.	.	PUNCT
ftr-441	595	1	see	see	VERB
ftr-441	595	2	treasury	treasury	NOUN
ftr-441	595	3	integration	integration	NOUN
ftr-441	595	4	report	report	NOUN
ftr-441	595	5	,	,	PUNCT
ftr-441	595	6	supra	supra	PROPN
ftr-441	595	7	note	note	PROPN
ftr-441	595	8	28	28	NUM
ftr-441	595	9	,	,	PUNCT
ftr-441	595	10	at	at	ADP
ftr-441	595	11	83	83	NUM
ftr-441	595	12	.	.	PUNCT
ftr-441	596	1	[	[	X
ftr-441	596	2	vol	vol	NOUN
ftr-441	596	3	4:3	4:3	NUM
ftr-441	596	4	the	the	DET
ftr-441	596	5	future	future	ADJ
ftr-441	596	6	taxation	taxation	NOUN
ftr-441	596	7	of	of	ADP
ftr-441	596	8	private	private	ADJ
ftr-441	596	9	business	business	NOUN
ftr-441	596	10	firms	firm	NOUN
ftr-441	596	11	difficult.78	difficult.78	VERB
ftr-441	596	12	it	it	PRON
ftr-441	596	13	would	would	AUX
ftr-441	596	14	in	in	ADP
ftr-441	596	15	most	most	ADJ
ftr-441	596	16	cases	case	NOUN
ftr-441	596	17	force	force	VERB
ftr-441	596	18	an	an	DET
ftr-441	596	19	undesirable	undesirable	ADJ
ftr-441	596	20	result	result	NOUN
ftr-441	596	21	on	on	ADP
ftr-441	596	22	the	the	DET
ftr-441	596	23	taxpayer	taxpayer	NOUN
ftr-441	596	24	,	,	PUNCT
ftr-441	596	25	in	in	ADP
ftr-441	596	26	contrast	contrast	NOUN
ftr-441	596	27	to	to	ADP
ftr-441	596	28	existing	exist	VERB
ftr-441	596	29	section	section	NOUN
ftr-441	596	30	338	338	NUM
ftr-441	596	31	which	which	PRON
ftr-441	596	32	was	be	AUX
ftr-441	596	33	originally	originally	ADV
ftr-441	596	34	designed	design	VERB
ftr-441	596	35	to	to	PART
ftr-441	596	36	provide	provide	VERB
ftr-441	596	37	a	a	DET
ftr-441	596	38	taxpayer	taxpayer	NOUN
ftr-441	596	39	-	-	PUNCT
ftr-441	596	40	favorable	favorable	ADJ
ftr-441	596	41	election	election	NOUN
ftr-441	596	42	.	.	PUNCT
ftr-441	597	1	thus	thus	ADV
ftr-441	597	2	,	,	PUNCT
ftr-441	597	3	the	the	DET
ftr-441	597	4	major	major	ADJ
ftr-441	597	5	thrust	thrust	NOUN
ftr-441	597	6	of	of	ADP
ftr-441	597	7	the	the	DET
ftr-441	597	8	qualification	qualification	NOUN
ftr-441	597	9	rules	rule	NOUN
ftr-441	597	10	in	in	ADP
ftr-441	597	11	a	a	DET
ftr-441	597	12	mandatory	mandatory	ADJ
ftr-441	597	13	section	section	NOUN
ftr-441	597	14	338	338	NUM
ftr-441	597	15	environment	environment	NOUN
ftr-441	597	16	would	would	AUX
ftr-441	597	17	be	be	AUX
ftr-441	597	18	to	to	PART
ftr-441	597	19	devise	devise	VERB
ftr-441	597	20	a	a	DET
ftr-441	597	21	net	net	NOUN
ftr-441	597	22	from	from	ADP
ftr-441	597	23	which	which	PRON
ftr-441	597	24	the	the	DET
ftr-441	597	25	taxpayer	taxpayer	NOUN
ftr-441	597	26	could	could	AUX
ftr-441	597	27	not	not	PART
ftr-441	597	28	escape	escape	VERB
ftr-441	597	29	,	,	PUNCT
ftr-441	597	30	much	much	ADJ
ftr-441	597	31	like	like	ADP
ftr-441	597	32	the	the	DET
ftr-441	597	33	rules	rule	NOUN
ftr-441	597	34	for	for	ADP
ftr-441	597	35	section	section	NOUN
ftr-441	597	36	382	382	NUM
ftr-441	597	37	,	,	PUNCT
ftr-441	597	38	surely	surely	ADV
ftr-441	597	39	no	no	DET
ftr-441	597	40	model	model	NOUN
ftr-441	597	41	for	for	ADP
ftr-441	597	42	simplicity.79	simplicity.79	NOUN
ftr-441	597	43	in	in	ADP
ftr-441	597	44	summary	summary	NOUN
ftr-441	597	45	,	,	PUNCT
ftr-441	597	46	achieving	achieve	VERB
ftr-441	597	47	the	the	DET
ftr-441	597	48	proper	proper	ADJ
ftr-441	597	49	tax	tax	NOUN
ftr-441	597	50	treatment	treatment	NOUN
ftr-441	597	51	of	of	ADP
ftr-441	597	52	capital	capital	NOUN
ftr-441	597	53	gains	gain	NOUN
ftr-441	597	54	in	in	ADP
ftr-441	597	55	an	an	DET
ftr-441	597	56	entity	entity	NOUN
ftr-441	597	57	tax	tax	NOUN
ftr-441	597	58	system	system	NOUN
ftr-441	597	59	would	would	AUX
ftr-441	597	60	present	present	VERB
ftr-441	597	61	a	a	DET
ftr-441	597	62	formidable	formidable	ADJ
ftr-441	597	63	challenge	challenge	NOUN
ftr-441	597	64	and	and	CCONJ
ftr-441	597	65	is	be	AUX
ftr-441	597	66	illustrative	illustrative	ADJ
ftr-441	597	67	of	of	ADP
ftr-441	597	68	the	the	DET
ftr-441	597	69	difficulties	difficulty	NOUN
ftr-441	597	70	to	to	PART
ftr-441	597	71	be	be	AUX
ftr-441	597	72	encountered	encounter	VERB
ftr-441	597	73	in	in	ADP
ftr-441	597	74	devising	devise	VERB
ftr-441	597	75	such	such	DET
ftr-441	597	76	a	a	DET
ftr-441	597	77	system	system	NOUN
ftr-441	597	78	.	.	PUNCT
ftr-441	598	1	there	there	PRON
ftr-441	598	2	are	be	VERB
ftr-441	598	3	the	the	DET
ftr-441	598	4	same	same	ADJ
ftr-441	598	5	age	age	NOUN
ftr-441	598	6	-	-	PUNCT
ftr-441	598	7	old	old	ADJ
ftr-441	598	8	trade	trade	NOUN
ftr-441	598	9	-	-	PUNCT
ftr-441	598	10	offs	off	NOUN
ftr-441	598	11	between	between	ADP
ftr-441	598	12	equity	equity	NOUN
ftr-441	598	13	and	and	CCONJ
ftr-441	598	14	simplicity	simplicity	NOUN
ftr-441	598	15	,	,	PUNCT
ftr-441	598	16	with	with	ADP
ftr-441	598	17	the	the	DET
ftr-441	598	18	price	price	NOUN
ftr-441	598	19	of	of	ADP
ftr-441	598	20	"	"	PUNCT
ftr-441	598	21	getting	get	VERB
ftr-441	598	22	it	it	PRON
ftr-441	598	23	right	right	ADJ
ftr-441	598	24	"	"	PUNCT
ftr-441	598	25	in	in	ADP
ftr-441	598	26	an	an	DET
ftr-441	598	27	entity	entity	NOUN
ftr-441	598	28	tax	tax	NOUN
ftr-441	598	29	system	system	NOUN
ftr-441	598	30	being	be	AUX
ftr-441	598	31	perhaps	perhaps	ADV
ftr-441	598	32	as	as	ADV
ftr-441	598	33	high	high	ADJ
ftr-441	598	34	as	as	ADP
ftr-441	598	35	doing	do	VERB
ftr-441	598	36	so	so	ADV
ftr-441	598	37	in	in	ADP
ftr-441	598	38	a	a	DET
ftr-441	598	39	conduit	conduit	NOUN
ftr-441	598	40	system	system	NOUN
ftr-441	598	41	.	.	PUNCT
ftr-441	599	1	d.	d.	PROPN
ftr-441	599	2	summary	summary	NOUN
ftr-441	599	3	and	and	CCONJ
ftr-441	599	4	conclusion	conclusion	NOUN
ftr-441	599	5	as	as	ADV
ftr-441	599	6	difficult	difficult	ADJ
ftr-441	599	7	as	as	SCONJ
ftr-441	599	8	it	it	PRON
ftr-441	599	9	is	be	AUX
ftr-441	599	10	to	to	PART
ftr-441	599	11	implement	implement	VERB
ftr-441	599	12	a	a	DET
ftr-441	599	13	conduit	conduit	NOUN
ftr-441	599	14	tax	tax	NOUN
ftr-441	599	15	system	system	NOUN
ftr-441	599	16	,	,	PUNCT
ftr-441	599	17	there	there	PRON
ftr-441	599	18	does	do	AUX
ftr-441	599	19	not	not	PART
ftr-441	599	20	seem	seem	VERB
ftr-441	599	21	to	to	PART
ftr-441	599	22	be	be	AUX
ftr-441	599	23	any	any	DET
ftr-441	599	24	clear	clear	ADJ
ftr-441	599	25	advantage	advantage	NOUN
ftr-441	599	26	to	to	ADP
ftr-441	599	27	developing	develop	VERB
ftr-441	599	28	an	an	DET
ftr-441	599	29	entity	entity	NOUN
ftr-441	599	30	tax	tax	NOUN
ftr-441	599	31	approach	approach	NOUN
ftr-441	599	32	for	for	ADP
ftr-441	599	33	the	the	DET
ftr-441	599	34	taxation	taxation	NOUN
ftr-441	599	35	of	of	ADP
ftr-441	599	36	private	private	ADJ
ftr-441	599	37	business	business	NOUN
ftr-441	599	38	firms	firm	NOUN
ftr-441	599	39	.	.	PUNCT
ftr-441	600	1	each	each	DET
ftr-441	600	2	system	system	NOUN
ftr-441	600	3	,	,	PUNCT
ftr-441	600	4	as	as	SCONJ
ftr-441	600	5	implemented	implement	VERB
ftr-441	600	6	,	,	PUNCT
ftr-441	600	7	includes	include	VERB
ftr-441	600	8	certain	certain	ADJ
ftr-441	600	9	basic	basic	ADJ
ftr-441	600	10	flaws	flaw	NOUN
ftr-441	600	11	in	in	ADP
ftr-441	600	12	the	the	DET
ftr-441	600	13	taxation	taxation	NOUN
ftr-441	600	14	of	of	ADP
ftr-441	600	15	business	business	NOUN
ftr-441	600	16	income	income	NOUN
ftr-441	600	17	.	.	PUNCT
ftr-441	601	1	in	in	ADP
ftr-441	601	2	addition	addition	NOUN
ftr-441	601	3	,	,	PUNCT
ftr-441	601	4	each	each	DET
ftr-441	601	5	system	system	NOUN
ftr-441	601	6	may	may	AUX
ftr-441	601	7	encounter	encounter	VERB
ftr-441	601	8	similar	similar	ADJ
ftr-441	601	9	problems	problem	NOUN
ftr-441	601	10	in	in	ADP
ftr-441	601	11	facilitating	facilitate	VERB
ftr-441	601	12	taxpayer	taxpayer	NOUN
ftr-441	601	13	compliance	compliance	NOUN
ftr-441	601	14	and	and	CCONJ
ftr-441	601	15	irs	irs	PROPN
ftr-441	601	16	review	review	NOUN
ftr-441	601	17	.	.	PUNCT
ftr-441	602	1	an	an	DET
ftr-441	602	2	entity	entity	NOUN
ftr-441	602	3	tax	tax	NOUN
ftr-441	602	4	approach	approach	NOUN
ftr-441	602	5	has	have	VERB
ftr-441	602	6	the	the	DET
ftr-441	602	7	additional	additional	ADJ
ftr-441	602	8	disadvantage	disadvantage	NOUN
ftr-441	602	9	of	of	ADP
ftr-441	602	10	presenting	present	VERB
ftr-441	602	11	greater	great	ADJ
ftr-441	602	12	transitional	transitional	ADJ
ftr-441	602	13	concerns	concern	NOUN
ftr-441	602	14	.	.	PUNCT
ftr-441	603	1	but	but	CCONJ
ftr-441	603	2	this	this	DET
ftr-441	603	3	rather	rather	ADV
ftr-441	603	4	pessimistic	pessimistic	ADJ
ftr-441	603	5	resolution	resolution	NOUN
ftr-441	603	6	of	of	ADP
ftr-441	603	7	this	this	DET
ftr-441	603	8	issue	issue	NOUN
ftr-441	603	9	would	would	AUX
ftr-441	603	10	seem	seem	VERB
ftr-441	603	11	to	to	PART
ftr-441	603	12	create	create	VERB
ftr-441	603	13	a	a	DET
ftr-441	603	14	dilemma	dilemma	NOUN
ftr-441	603	15	for	for	ADP
ftr-441	603	16	policymakers	policymaker	NOUN
ftr-441	603	17	.	.	PUNCT
ftr-441	604	1	if	if	SCONJ
ftr-441	604	2	subchapter	subchapter	NOUN
ftr-441	604	3	k	k	NOUN
ftr-441	604	4	,	,	PUNCT
ftr-441	604	5	the	the	DET
ftr-441	604	6	most	most	ADV
ftr-441	604	7	refined	refined	ADJ
ftr-441	604	8	conduit	conduit	NOUN
ftr-441	604	9	system	system	NOUN
ftr-441	604	10	in	in	ADP
ftr-441	604	11	existence	existence	NOUN
ftr-441	604	12	,	,	PUNCT
ftr-441	604	13	is	be	AUX
ftr-441	604	14	already	already	ADV
ftr-441	604	15	viewed	view	VERB
ftr-441	604	16	as	as	ADP
ftr-441	604	17	placing	place	VERB
ftr-441	604	18	intolerable	intolerable	ADJ
ftr-441	604	19	burdens	burden	NOUN
ftr-441	604	20	on	on	ADP
ftr-441	604	21	taxpayers	taxpayer	NOUN
ftr-441	604	22	and	and	CCONJ
ftr-441	604	23	the	the	DET
ftr-441	604	24	irs	irs	PROPN
ftr-441	604	25	alike	alike	ADV
ftr-441	604	26	,	,	PUNCT
ftr-441	604	27	and	and	CCONJ
ftr-441	604	28	further	far	ADV
ftr-441	604	29	,	,	PUNCT
ftr-441	604	30	necessary	necessary	ADJ
ftr-441	604	31	reforms	reform	NOUN
ftr-441	604	32	would	would	AUX
ftr-441	604	33	likely	likely	ADV
ftr-441	604	34	make	make	VERB
ftr-441	604	35	it	it	PRON
ftr-441	604	36	even	even	ADV
ftr-441	604	37	more	more	ADV
ftr-441	604	38	difficult	difficult	ADJ
ftr-441	604	39	to	to	PART
ftr-441	604	40	comply	comply	VERB
ftr-441	604	41	with	with	ADP
ftr-441	604	42	and	and	CCONJ
ftr-441	604	43	administer	administer	NOUN
ftr-441	604	44	,	,	PUNCT
ftr-441	604	45	then	then	ADV
ftr-441	604	46	how	how	SCONJ
ftr-441	604	47	can	can	AUX
ftr-441	604	48	that	that	DET
ftr-441	604	49	subchapter	subchapter	NOUN
ftr-441	604	50	be	be	AUX
ftr-441	604	51	mandated	mandate	VERB
ftr-441	604	52	as	as	ADP
ftr-441	604	53	the	the	DET
ftr-441	604	54	uniform	uniform	ADJ
ftr-441	604	55	method	method	NOUN
ftr-441	604	56	of	of	ADP
ftr-441	604	57	taxation	taxation	NOUN
ftr-441	604	58	for	for	ADP
ftr-441	604	59	all	all	DET
ftr-441	604	60	private	private	ADJ
ftr-441	604	61	business	business	NOUN
ftr-441	604	62	firms	firm	NOUN
ftr-441	604	63	?	?	PUNCT
ftr-441	605	1	would	would	AUX
ftr-441	605	2	n't	not	PART
ftr-441	605	3	such	such	DET
ftr-441	605	4	a	a	DET
ftr-441	605	5	recommendation	recommendation	NOUN
ftr-441	605	6	simply	simply	ADV
ftr-441	605	7	lead	lead	VERB
ftr-441	605	8	to	to	ADP
ftr-441	605	9	disregard	disregard	NOUN
ftr-441	605	10	of	of	ADP
ftr-441	605	11	the	the	DET
ftr-441	605	12	law	law	NOUN
ftr-441	605	13	even	even	ADV
ftr-441	605	14	more	more	ADV
ftr-441	605	15	widespread	widespread	ADJ
ftr-441	605	16	than	than	ADP
ftr-441	605	17	at	at	ADP
ftr-441	605	18	the	the	DET
ftr-441	605	19	present	present	ADJ
ftr-441	605	20	time	time	NOUN
ftr-441	605	21	?	?	PUNCT
ftr-441	606	1	this	this	DET
ftr-441	606	2	article	article	NOUN
ftr-441	606	3	suggests	suggest	VERB
ftr-441	606	4	a	a	DET
ftr-441	606	5	way	way	NOUN
ftr-441	606	6	out	out	ADP
ftr-441	606	7	of	of	ADP
ftr-441	606	8	that	that	DET
ftr-441	606	9	dilemma	dilemma	NOUN
ftr-441	606	10	.	.	PUNCT
ftr-441	607	1	specifically	specifically	ADV
ftr-441	607	2	,	,	PUNCT
ftr-441	607	3	two	two	NUM
ftr-441	607	4	versions	version	NOUN
ftr-441	607	5	of	of	ADP
ftr-441	607	6	conduit	conduit	NOUN
ftr-441	607	7	taxation	taxation	NOUN
ftr-441	607	8	should	should	AUX
ftr-441	607	9	be	be	AUX
ftr-441	607	10	pursued	pursue	VERB
ftr-441	607	11	.	.	PUNCT
ftr-441	608	1	one	one	NUM
ftr-441	608	2	version	version	NOUN
ftr-441	608	3	should	should	AUX
ftr-441	608	4	reform	reform	VERB
ftr-441	608	5	subchapter	subchapter	NOUN
ftr-441	608	6	k	k	PROPN
ftr-441	608	7	to	to	PART
ftr-441	608	8	prevent	prevent	VERB
ftr-441	608	9	potential	potential	ADJ
ftr-441	608	10	abuses	abuse	NOUN
ftr-441	608	11	of	of	ADP
ftr-441	608	12	those	those	DET
ftr-441	608	13	rules	rule	NOUN
ftr-441	608	14	even	even	ADV
ftr-441	608	15	at	at	ADP
ftr-441	608	16	the	the	DET
ftr-441	608	17	cost	cost	NOUN
ftr-441	608	18	,	,	PUNCT
ftr-441	608	19	if	if	SCONJ
ftr-441	608	20	necessary	necessary	ADJ
ftr-441	608	21	,	,	PUNCT
ftr-441	608	22	of	of	ADP
ftr-441	608	23	some	some	DET
ftr-441	608	24	additional	additional	ADJ
ftr-441	608	25	complication	complication	NOUN
ftr-441	608	26	.	.	PUNCT
ftr-441	609	1	subchapter	subchapter	NOUN
ftr-441	609	2	k	k	NOUN
ftr-441	609	3	,	,	PUNCT
ftr-441	609	4	as	as	SCONJ
ftr-441	609	5	reformed	reform	VERB
ftr-441	609	6	,	,	PUNCT
ftr-441	609	7	will	will	AUX
ftr-441	609	8	sometimes	sometimes	ADV
ftr-441	609	9	be	be	AUX
ftr-441	609	10	referred	refer	VERB
ftr-441	609	11	to	to	ADP
ftr-441	609	12	as	as	ADP
ftr-441	609	13	the	the	DET
ftr-441	609	14	"	"	PUNCT
ftr-441	609	15	default	default	NOUN
ftr-441	609	16	version	version	NOUN
ftr-441	609	17	of	of	ADP
ftr-441	609	18	conduit	conduit	NOUN
ftr-441	609	19	taxation	taxation	NOUN
ftr-441	609	20	"	"	PUNCT
ftr-441	609	21	in	in	ADP
ftr-441	609	22	this	this	DET
ftr-441	609	23	article	article	NOUN
ftr-441	609	24	.	.	PUNCT
ftr-441	610	1	the	the	DET
ftr-441	610	2	other	other	ADJ
ftr-441	610	3	version	version	NOUN
ftr-441	610	4	should	should	AUX
ftr-441	610	5	focus	focus	VERB
ftr-441	610	6	on	on	ADP
ftr-441	610	7	providing	provide	VERB
ftr-441	610	8	an	an	DET
ftr-441	610	9	administrable	administrable	ADJ
ftr-441	610	10	set	set	NOUN
ftr-441	610	11	of	of	ADP
ftr-441	610	12	conduit	conduit	NOUN
ftr-441	610	13	rules	rule	NOUN
ftr-441	610	14	with	with	ADP
ftr-441	610	15	some	some	DET
ftr-441	610	16	concession	concession	NOUN
ftr-441	610	17	,	,	PUNCT
ftr-441	610	18	if	if	SCONJ
ftr-441	610	19	necessary	necessary	ADJ
ftr-441	610	20	,	,	PUNCT
ftr-441	610	21	to	to	PART
ftr-441	610	22	not	not	PART
ftr-441	610	23	achieving	achieve	VERB
ftr-441	610	24	the	the	DET
ftr-441	610	25	correct	correct	ADJ
ftr-441	610	26	78	78	NUM
ftr-441	610	27	.	.	PUNCT
ftr-441	611	1	see	see	VERB
ftr-441	611	2	george	george	PROPN
ftr-441	611	3	k.	k.	PROPN
ftr-441	611	4	yin	yin	PROPN
ftr-441	611	5	,	,	PUNCT
ftr-441	611	6	a	a	DET
ftr-441	611	7	carryover	carryover	NOUN
ftr-441	611	8	basis	basis	NOUN
ftr-441	611	9	asset	asset	NOUN
ftr-441	611	10	acquisition	acquisition	NOUN
ftr-441	611	11	regime	regime	NOUN
ftr-441	611	12	?	?	PUNCT
ftr-441	611	13	:	:	PUNCT
ftr-441	611	14	a	a	DET
ftr-441	611	15	few	few	ADJ
ftr-441	611	16	words	word	NOUN
ftr-441	611	17	of	of	ADP
ftr-441	611	18	caution	caution	NOUN
ftr-441	611	19	,	,	PUNCT
ftr-441	611	20	37	37	NUM
ftr-441	611	21	tax	tax	NOUN
ftr-441	611	22	notes	note	NOUN
ftr-441	611	23	415	415	NUM
ftr-441	611	24	,	,	PUNCT
ftr-441	611	25	418	418	NUM
ftr-441	611	26	-	-	SYM
ftr-441	611	27	20	20	NUM
ftr-441	611	28	(	(	PUNCT
ftr-441	611	29	oct	oct	PROPN
ftr-441	611	30	.	.	PROPN
ftr-441	611	31	12	12	NUM
ftr-441	611	32	,	,	PUNCT
ftr-441	611	33	1987	1987	NUM
ftr-441	611	34	)	)	PUNCT
ftr-441	611	35	.	.	PUNCT
ftr-441	612	1	79	79	NUM
ftr-441	612	2	.	.	PUNCT
ftr-441	613	1	still	still	ADV
ftr-441	613	2	another	another	DET
ftr-441	613	3	possible	possible	ADJ
ftr-441	613	4	approach	approach	NOUN
ftr-441	613	5	would	would	AUX
ftr-441	613	6	be	be	AUX
ftr-441	613	7	to	to	PART
ftr-441	613	8	tax	tax	VERB
ftr-441	613	9	the	the	DET
ftr-441	613	10	capital	capital	NOUN
ftr-441	613	11	gains	gain	NOUN
ftr-441	613	12	but	but	CCONJ
ftr-441	613	13	to	to	PART
ftr-441	613	14	permit	permit	VERB
ftr-441	613	15	such	such	ADJ
ftr-441	613	16	gains	gain	NOUN
ftr-441	613	17	to	to	PART
ftr-441	613	18	be	be	AUX
ftr-441	613	19	excluded	exclude	VERB
ftr-441	613	20	from	from	ADP
ftr-441	613	21	income	income	NOUN
ftr-441	613	22	if	if	SCONJ
ftr-441	613	23	the	the	DET
ftr-441	613	24	taxpayer	taxpayer	NOUN
ftr-441	613	25	agrees	agree	VERB
ftr-441	613	26	to	to	PART
ftr-441	613	27	accelerate	accelerate	VERB
ftr-441	613	28	the	the	DET
ftr-441	613	29	entity	entity	NOUN
ftr-441	613	30	-	-	PUNCT
ftr-441	613	31	level	level	NOUN
ftr-441	613	32	gains	gain	NOUN
ftr-441	613	33	.	.	PUNCT
ftr-441	614	1	cf	cf	NOUN
ftr-441	614	2	.	.	PUNCT
ftr-441	615	1	irc	irc	PROPN
ftr-441	615	2	§	§	PROPN
ftr-441	615	3	338(h)(10	338(h)(10	NUM
ftr-441	615	4	)	)	PUNCT
ftr-441	615	5	.	.	PUNCT
ftr-441	616	1	1999	1999	NUM
ftr-441	616	2	]	]	PUNCT
ftr-441	616	3	florida	florida	PROPN
ftr-441	616	4	tax	tax	PROPN
ftr-441	616	5	review	review	PROPN
ftr-441	616	6	outcome	outcome	NOUN
ftr-441	616	7	in	in	ADP
ftr-441	616	8	all	all	DET
ftr-441	616	9	cases	case	NOUN
ftr-441	616	10	.	.	PUNCT
ftr-441	617	1	the	the	DET
ftr-441	617	2	next	next	ADJ
ftr-441	617	3	part	part	NOUN
ftr-441	617	4	of	of	ADP
ftr-441	617	5	the	the	DET
ftr-441	617	6	article	article	NOUN
ftr-441	617	7	describes	describe	VERB
ftr-441	617	8	the	the	DET
ftr-441	617	9	theory	theory	NOUN
ftr-441	617	10	behind	behind	ADV
ftr-441	617	11	,	,	PUNCT
ftr-441	617	12	and	and	CCONJ
ftr-441	617	13	the	the	DET
ftr-441	617	14	specific	specific	ADJ
ftr-441	617	15	provisions	provision	NOUN
ftr-441	617	16	of	of	ADP
ftr-441	617	17	,	,	PUNCT
ftr-441	617	18	the	the	DET
ftr-441	617	19	simplified	simplified	ADJ
ftr-441	617	20	version	version	NOUN
ftr-441	617	21	of	of	ADP
ftr-441	617	22	conduit	conduit	NOUN
ftr-441	617	23	taxation	taxation	NOUN
ftr-441	617	24	.	.	PUNCT
ftr-441	617	25	"	"	PUNCT
ftr-441	618	1	iv	iv	X
ftr-441	618	2	.	.	PUNCT
ftr-441	618	3	a	a	DET
ftr-441	618	4	simplified	simplified	ADJ
ftr-441	618	5	version	version	NOUN
ftr-441	618	6	of	of	ADP
ftr-441	618	7	conduit	conduit	NOUN
ftr-441	618	8	taxation	taxation	NOUN
ftr-441	618	9	a.	a.	NOUN
ftr-441	618	10	introduction	introduction	NOUN
ftr-441	618	11	development	development	NOUN
ftr-441	618	12	of	of	ADP
ftr-441	618	13	the	the	DET
ftr-441	618	14	simplified	simplified	ADJ
ftr-441	618	15	version	version	NOUN
ftr-441	618	16	of	of	ADP
ftr-441	618	17	conduit	conduit	NOUN
ftr-441	618	18	taxation	taxation	NOUN
ftr-441	618	19	described	describe	VERB
ftr-441	618	20	in	in	ADP
ftr-441	618	21	this	this	DET
ftr-441	618	22	article	article	NOUN
ftr-441	618	23	used	use	VERB
ftr-441	618	24	subchapter	subchapter	NOUN
ftr-441	618	25	k	k	PROPN
ftr-441	618	26	as	as	ADP
ftr-441	618	27	its	its	PRON
ftr-441	618	28	starting	starting	NOUN
ftr-441	618	29	point	point	NOUN
ftr-441	618	30	.	.	PUNCT
ftr-441	619	1	this	this	DET
ftr-441	619	2	point	point	NOUN
ftr-441	619	3	of	of	ADP
ftr-441	619	4	departure	departure	NOUN
ftr-441	619	5	might	might	AUX
ftr-441	619	6	seem	seem	VERB
ftr-441	619	7	odd	odd	ADJ
ftr-441	619	8	given	give	VERB
ftr-441	619	9	the	the	DET
ftr-441	619	10	complex	complex	ADJ
ftr-441	619	11	nature	nature	NOUN
ftr-441	619	12	of	of	ADP
ftr-441	619	13	that	that	DET
ftr-441	619	14	subchapter	subchapter	NOUN
ftr-441	619	15	.	.	PUNCT
ftr-441	620	1	on	on	ADP
ftr-441	620	2	the	the	DET
ftr-441	620	3	other	other	ADJ
ftr-441	620	4	hand	hand	NOUN
ftr-441	620	5	,	,	PUNCT
ftr-441	620	6	subchapter	subchapter	NOUN
ftr-441	620	7	k	k	PROPN
ftr-441	620	8	represents	represent	VERB
ftr-441	620	9	the	the	DET
ftr-441	620	10	purest	pure	ADJ
ftr-441	620	11	version	version	NOUN
ftr-441	620	12	of	of	ADP
ftr-441	620	13	conduit	conduit	NOUN
ftr-441	620	14	taxation	taxation	NOUN
ftr-441	620	15	in	in	ADP
ftr-441	620	16	existence	existence	NOUN
ftr-441	620	17	.	.	PUNCT
ftr-441	621	1	as	as	SCONJ
ftr-441	621	2	explained	explain	VERB
ftr-441	621	3	in	in	ADP
ftr-441	621	4	greater	great	ADJ
ftr-441	621	5	detail	detail	NOUN
ftr-441	621	6	in	in	ADP
ftr-441	621	7	the	the	DET
ftr-441	621	8	next	next	ADJ
ftr-441	621	9	section	section	NOUN
ftr-441	621	10	,	,	PUNCT
ftr-441	621	11	the	the	DET
ftr-441	621	12	theory	theory	NOUN
ftr-441	621	13	was	be	AUX
ftr-441	621	14	to	to	PART
ftr-441	621	15	begin	begin	VERB
ftr-441	621	16	with	with	ADP
ftr-441	621	17	subchapter	subchapter	NOUN
ftr-441	621	18	k	k	PROPN
ftr-441	621	19	and	and	CCONJ
ftr-441	621	20	to	to	PART
ftr-441	621	21	try	try	VERB
ftr-441	621	22	to	to	PART
ftr-441	621	23	strip	strip	VERB
ftr-441	621	24	off	off	ADP
ftr-441	621	25	as	as	ADV
ftr-441	621	26	many	many	ADJ
ftr-441	621	27	of	of	ADP
ftr-441	621	28	the	the	DET
ftr-441	621	29	complicating	complicate	VERB
ftr-441	621	30	features	feature	NOUN
ftr-441	621	31	of	of	ADP
ftr-441	621	32	the	the	DET
ftr-441	621	33	law	law	NOUN
ftr-441	621	34	as	as	ADP
ftr-441	621	35	possible	possible	ADJ
ftr-441	621	36	in	in	ADP
ftr-441	621	37	order	order	NOUN
ftr-441	621	38	to	to	PART
ftr-441	621	39	develop	develop	VERB
ftr-441	621	40	a	a	DET
ftr-441	621	41	simple	simple	ADJ
ftr-441	621	42	core	core	NOUN
ftr-441	621	43	of	of	ADP
ftr-441	621	44	conduit	conduit	NOUN
ftr-441	621	45	principles	principle	NOUN
ftr-441	621	46	and	and	CCONJ
ftr-441	621	47	rules	rule	NOUN
ftr-441	621	48	.	.	PUNCT
ftr-441	622	1	the	the	DET
ftr-441	622	2	key	key	NOUN
ftr-441	622	3	was	be	AUX
ftr-441	622	4	in	in	ADP
ftr-441	622	5	fashioning	fashion	VERB
ftr-441	622	6	eligibility	eligibility	NOUN
ftr-441	622	7	rules	rule	NOUN
ftr-441	622	8	which	which	PRON
ftr-441	622	9	would	would	AUX
ftr-441	622	10	enable	enable	VERB
ftr-441	622	11	one	one	PRON
ftr-441	622	12	to	to	PART
ftr-441	622	13	discard	discard	VERB
ftr-441	622	14	the	the	DET
ftr-441	622	15	"	"	PUNCT
ftr-441	622	16	extraneous	extraneous	ADJ
ftr-441	622	17	"	"	PUNCT
ftr-441	622	18	portions	portion	NOUN
ftr-441	622	19	of	of	ADP
ftr-441	622	20	subchapter	subchapter	NOUN
ftr-441	622	21	k.	k.	PROPN
ftr-441	622	22	subchapter	subchapter	PROPN
ftr-441	622	23	s	s	VERB
ftr-441	622	24	was	be	AUX
ftr-441	622	25	not	not	PART
ftr-441	622	26	selected	select	VERB
ftr-441	622	27	as	as	ADP
ftr-441	622	28	the	the	DET
ftr-441	622	29	initial	initial	ADJ
ftr-441	622	30	model	model	NOUN
ftr-441	622	31	because	because	SCONJ
ftr-441	622	32	of	of	ADP
ftr-441	622	33	its	its	PRON
ftr-441	622	34	entity	entity	NOUN
ftr-441	622	35	tax	tax	NOUN
ftr-441	622	36	features	feature	NOUN
ftr-441	622	37	which	which	PRON
ftr-441	622	38	seemed	seem	VERB
ftr-441	622	39	inconsistent	inconsistent	ADJ
ftr-441	622	40	with	with	ADP
ftr-441	622	41	a	a	DET
ftr-441	622	42	conduit	conduit	NOUN
ftr-441	622	43	tax	tax	NOUN
ftr-441	622	44	objective	objective	NOUN
ftr-441	622	45	.	.	PUNCT
ftr-441	623	1	those	those	DET
ftr-441	623	2	features	feature	NOUN
ftr-441	623	3	are	be	AUX
ftr-441	623	4	a	a	DET
ftr-441	623	5	natural	natural	ADJ
ftr-441	623	6	outgrowth	outgrowth	NOUN
ftr-441	623	7	of	of	ADP
ftr-441	623	8	subchapter	subchapter	NOUN
ftr-441	623	9	s	s	PART
ftr-441	623	10	's	's	PART
ftr-441	623	11	original	original	ADJ
ftr-441	623	12	application	application	NOUN
ftr-441	623	13	only	only	ADV
ftr-441	623	14	to	to	ADP
ftr-441	623	15	corporations	corporation	NOUN
ftr-441	623	16	and	and	CCONJ
ftr-441	623	17	its	its	PRON
ftr-441	623	18	close	close	ADJ
ftr-441	623	19	relationship	relationship	NOUN
ftr-441	623	20	with	with	ADP
ftr-441	623	21	subchapter	subchapter	NOUN
ftr-441	623	22	c.	c.	NOUN
ftr-441	623	23	but	but	CCONJ
ftr-441	623	24	they	they	PRON
ftr-441	623	25	seemed	seem	VERB
ftr-441	623	26	to	to	PART
ftr-441	623	27	make	make	VERB
ftr-441	623	28	subchapter	subchapter	NOUN
ftr-441	623	29	s	s	VERB
ftr-441	623	30	an	an	DET
ftr-441	623	31	unsound	unsound	ADJ
ftr-441	623	32	foundation	foundation	NOUN
ftr-441	623	33	on	on	ADP
ftr-441	623	34	which	which	PRON
ftr-441	623	35	to	to	PART
ftr-441	623	36	construct	construct	VERB
ftr-441	623	37	a	a	DET
ftr-441	623	38	simplified	simplified	ADJ
ftr-441	623	39	conduit	conduit	NOUN
ftr-441	623	40	version	version	NOUN
ftr-441	623	41	applicable	applicable	ADJ
ftr-441	623	42	to	to	ADP
ftr-441	623	43	all	all	DET
ftr-441	623	44	forms	form	NOUN
ftr-441	623	45	of	of	ADP
ftr-441	623	46	business	business	NOUN
ftr-441	623	47	organization	organization	NOUN
ftr-441	623	48	.	.	PUNCT
ftr-441	623	49	"	"	PUNCT
ftr-441	624	1	despite	despite	SCONJ
ftr-441	624	2	this	this	DET
ftr-441	624	3	initial	initial	ADJ
ftr-441	624	4	step	step	NOUN
ftr-441	624	5	,	,	PUNCT
ftr-441	624	6	the	the	DET
ftr-441	624	7	proposal	proposal	NOUN
ftr-441	624	8	has	have	AUX
ftr-441	624	9	evolved	evolve	VERB
ftr-441	624	10	into	into	ADP
ftr-441	624	11	one	one	NUM
ftr-441	624	12	which	which	PRON
ftr-441	624	13	has	have	VERB
ftr-441	624	14	a	a	DET
ftr-441	624	15	strong	strong	ADJ
ftr-441	624	16	resemblance	resemblance	NOUN
ftr-441	624	17	to	to	PART
ftr-441	624	18	subchapter	subchapter	VERB
ftr-441	624	19	s.	s.	PROPN
ftr-441	624	20	in	in	ADP
ftr-441	624	21	part	part	NOUN
ftr-441	624	22	,	,	PUNCT
ftr-441	624	23	this	this	DET
ftr-441	624	24	result	result	NOUN
ftr-441	624	25	can	can	AUX
ftr-441	624	26	be	be	AUX
ftr-441	624	27	explained	explain	VERB
ftr-441	624	28	by	by	ADP
ftr-441	624	29	the	the	DET
ftr-441	624	30	historical	historical	ADJ
ftr-441	624	31	roots	root	NOUN
ftr-441	624	32	of	of	ADP
ftr-441	624	33	that	that	DET
ftr-441	624	34	subchapter	subchapter	NOUN
ftr-441	624	35	.	.	PUNCT
ftr-441	625	1	subchapter	subchapter	NOUN
ftr-441	625	2	s	s	VERB
ftr-441	625	3	was	be	AUX
ftr-441	625	4	enacted	enact	VERB
ftr-441	625	5	in	in	ADP
ftr-441	625	6	1958	1958	NUM
ftr-441	625	7	to	to	PART
ftr-441	625	8	reduce	reduce	VERB
ftr-441	625	9	the	the	DET
ftr-441	625	10	impact	impact	NOUN
ftr-441	625	11	of	of	ADP
ftr-441	625	12	tax	tax	NOUN
ftr-441	625	13	consequences	consequence	NOUN
ftr-441	625	14	on	on	ADP
ftr-441	625	15	the	the	DET
ftr-441	625	16	choice	choice	NOUN
ftr-441	625	17	of	of	ADP
ftr-441	625	18	business	business	NOUN
ftr-441	625	19	form	form	NOUN
ftr-441	625	20	and	and	CCONJ
ftr-441	625	21	to	to	PART
ftr-441	625	22	remove	remove	VERB
ftr-441	625	23	the	the	DET
ftr-441	625	24	double	double	ADJ
ftr-441	625	25	tax	tax	NOUN
ftr-441	625	26	burden	burden	NOUN
ftr-441	625	27	on	on	ADP
ftr-441	625	28	,	,	PUNCT
ftr-441	625	29	and	and	CCONJ
ftr-441	625	30	permit	permit	VERB
ftr-441	625	31	the	the	DET
ftr-441	625	32	passthrough	passthrough	NOUN
ftr-441	625	33	of	of	ADP
ftr-441	625	34	losses	loss	NOUN
ftr-441	625	35	by	by	ADP
ftr-441	625	36	,	,	PUNCT
ftr-441	625	37	80	80	NUM
ftr-441	625	38	.	.	PUNCT
ftr-441	626	1	consideration	consideration	NOUN
ftr-441	626	2	of	of	ADP
ftr-441	626	3	possible	possible	ADJ
ftr-441	626	4	subchapter	subchapter	NOUN
ftr-441	626	5	k	k	PROPN
ftr-441	626	6	reforms	reform	NOUN
ftr-441	626	7	for	for	ADP
ftr-441	626	8	the	the	DET
ftr-441	626	9	default	default	NOUN
ftr-441	626	10	version	version	NOUN
ftr-441	626	11	of	of	ADP
ftr-441	626	12	conduit	conduit	NOUN
ftr-441	626	13	taxation	taxation	NOUN
ftr-441	626	14	is	be	AUX
ftr-441	626	15	beyond	beyond	ADP
ftr-441	626	16	the	the	DET
ftr-441	626	17	scope	scope	NOUN
ftr-441	626	18	of	of	ADP
ftr-441	626	19	this	this	DET
ftr-441	626	20	article	article	NOUN
ftr-441	626	21	.	.	PUNCT
ftr-441	627	1	one	one	NUM
ftr-441	627	2	commentator	commentator	NOUN
ftr-441	627	3	has	have	AUX
ftr-441	627	4	suggested	suggest	VERB
ftr-441	627	5	a	a	DET
ftr-441	627	6	similar	similar	ADJ
ftr-441	627	7	"	"	PUNCT
ftr-441	627	8	two	two	NUM
ftr-441	627	9	-	-	PUNCT
ftr-441	627	10	track	track	NOUN
ftr-441	627	11	"	"	PUNCT
ftr-441	627	12	approach	approach	NOUN
ftr-441	627	13	except	except	SCONJ
ftr-441	627	14	that	that	SCONJ
ftr-441	627	15	he	he	PRON
ftr-441	627	16	would	would	AUX
ftr-441	627	17	develop	develop	VERB
ftr-441	627	18	an	an	DET
ftr-441	627	19	entity	entity	NOUN
ftr-441	627	20	tax	tax	NOUN
ftr-441	627	21	system	system	NOUN
ftr-441	627	22	to	to	PART
ftr-441	627	23	be	be	AUX
ftr-441	627	24	mandatorily	mandatorily	ADV
ftr-441	627	25	applicable	applicable	ADJ
ftr-441	627	26	to	to	ADP
ftr-441	627	27	those	those	DET
ftr-441	627	28	firms	firm	NOUN
ftr-441	627	29	not	not	PART
ftr-441	627	30	qualifying	qualify	VERB
ftr-441	627	31	for	for	ADP
ftr-441	627	32	his	his	PRON
ftr-441	627	33	simple	simple	ADJ
ftr-441	627	34	conduit	conduit	NOUN
ftr-441	627	35	approach	approach	NOUN
ftr-441	627	36	.	.	PUNCT
ftr-441	628	1	see	see	VERB
ftr-441	628	2	jeffrey	jeffrey	PROPN
ftr-441	628	3	l.	l.	PROPN
ftr-441	628	4	kwall	kwall	PROPN
ftr-441	628	5	,	,	PUNCT
ftr-441	628	6	taxing	tax	VERB
ftr-441	628	7	private	private	ADJ
ftr-441	628	8	enterprise	enterprise	NOUN
ftr-441	628	9	in	in	ADP
ftr-441	628	10	the	the	DET
ftr-441	628	11	new	new	ADJ
ftr-441	628	12	millennium	millennium	NOUN
ftr-441	628	13	,	,	PUNCT
ftr-441	628	14	51	51	NUM
ftr-441	628	15	tax	tax	NOUN
ftr-441	628	16	law	law	NOUN
ftr-441	628	17	.	.	PUNCT
ftr-441	629	1	229	229	NUM
ftr-441	629	2	(	(	PUNCT
ftr-441	629	3	1998	1998	NUM
ftr-441	629	4	)	)	PUNCT
ftr-441	629	5	.	.	PUNCT
ftr-441	630	1	81	81	NUM
ftr-441	630	2	.	.	PUNCT
ftr-441	631	1	interestingly	interestingly	ADV
ftr-441	631	2	,	,	PUNCT
ftr-441	631	3	one	one	NUM
ftr-441	631	4	of	of	ADP
ftr-441	631	5	the	the	DET
ftr-441	631	6	"	"	PUNCT
ftr-441	631	7	entity	entity	NOUN
ftr-441	631	8	"	"	PUNCT
ftr-441	631	9	tax	tax	NOUN
ftr-441	631	10	features	feature	NOUN
ftr-441	631	11	of	of	ADP
ftr-441	631	12	subchapter	subchapter	NOUN
ftr-441	631	13	s	s	NOUN
ftr-441	631	14	-	-	PUNCT
ftr-441	631	15	the	the	DET
ftr-441	631	16	requirement	requirement	NOUN
ftr-441	631	17	that	that	SCONJ
ftr-441	631	18	a	a	DET
ftr-441	631	19	firm	firm	NOUN
ftr-441	631	20	recognize	recognize	VERB
ftr-441	631	21	gain	gain	NOUN
ftr-441	631	22	upon	upon	SCONJ
ftr-441	631	23	a	a	DET
ftr-441	631	24	distribution	distribution	NOUN
ftr-441	631	25	of	of	ADP
ftr-441	631	26	appreciated	appreciated	ADJ
ftr-441	631	27	property	property	NOUN
ftr-441	631	28	-	-	PUNCT
ftr-441	631	29	was	be	AUX
ftr-441	631	30	included	include	VERB
ftr-441	631	31	in	in	ADP
ftr-441	631	32	subchapter	subchapter	NOUN
ftr-441	631	33	s	s	NUM
ftr-441	631	34	in	in	ADP
ftr-441	631	35	1982	1982	NUM
ftr-441	631	36	prior	prior	ADV
ftr-441	631	37	to	to	ADP
ftr-441	631	38	its	its	PRON
ftr-441	631	39	inclusion	inclusion	NOUN
ftr-441	631	40	in	in	ADP
ftr-441	631	41	subchapter	subchapter	NOUN
ftr-441	631	42	c.	c.	NOUN
ftr-441	631	43	later	later	PROPN
ftr-441	631	44	amendments	amendment	NOUN
ftr-441	631	45	in	in	ADP
ftr-441	631	46	1984	1984	NUM
ftr-441	631	47	and	and	CCONJ
ftr-441	631	48	1986	1986	NUM
ftr-441	631	49	extended	extend	VERB
ftr-441	631	50	and	and	CCONJ
ftr-441	631	51	expanded	expand	VERB
ftr-441	631	52	the	the	DET
ftr-441	631	53	rule	rule	NOUN
ftr-441	631	54	in	in	ADP
ftr-441	631	55	subchapter	subchapter	NOUN
ftr-441	631	56	c	c	NOUN
ftr-441	631	57	,	,	PUNCT
ftr-441	631	58	thereby	thereby	ADV
ftr-441	631	59	making	make	VERB
ftr-441	631	60	the	the	DET
ftr-441	631	61	s	s	NOUN
ftr-441	631	62	rule	rule	NOUN
ftr-441	631	63	superfluous	superfluous	ADJ
ftr-441	631	64	.	.	PUNCT
ftr-441	632	1	see	see	VERB
ftr-441	632	2	subchapter	subchapter	NOUN
ftr-441	632	3	s	s	PART
ftr-441	632	4	revision	revision	NOUN
ftr-441	632	5	act	act	NOUN
ftr-441	632	6	of	of	ADP
ftr-441	632	7	1982	1982	NUM
ftr-441	632	8	,	,	PUNCT
ftr-441	632	9	pub	pub	NOUN
ftr-441	632	10	.	.	PUNCT
ftr-441	633	1	l.	l.	PROPN
ftr-441	633	2	no	no	INTJ
ftr-441	633	3	.	.	PROPN
ftr-441	634	1	97	97	NUM
ftr-441	634	2	-	-	SYM
ftr-441	634	3	354	354	NUM
ftr-441	634	4	,	,	PUNCT
ftr-441	634	5	§	§	PROPN
ftr-441	634	6	2	2	NUM
ftr-441	634	7	,	,	PUNCT
ftr-441	634	8	96	96	NUM
ftr-441	634	9	stat	stat	NOUN
ftr-441	634	10	.	.	PUNCT
ftr-441	635	1	1669	1669	NUM
ftr-441	635	2	,	,	PUNCT
ftr-441	635	3	reprinted	reprint	VERB
ftr-441	635	4	in	in	ADP
ftr-441	635	5	1982	1982	NUM
ftr-441	635	6	-	-	SYM
ftr-441	635	7	2	2	NUM
ftr-441	635	8	c.b	c.b	PROPN
ftr-441	635	9	.	.	PROPN
ftr-441	635	10	702	702	NUM
ftr-441	635	11	,	,	PUNCT
ftr-441	635	12	706	706	NUM
ftr-441	635	13	(	(	PUNCT
ftr-441	635	14	enacting	enact	VERB
ftr-441	635	15	former	former	ADJ
ftr-441	635	16	irc	irc	PROPN
ftr-441	635	17	§	§	PROPN
ftr-441	635	18	1363(d	1363(d	NOUN
ftr-441	635	19	)	)	PUNCT
ftr-441	635	20	)	)	PUNCT
ftr-441	635	21	;	;	PUNCT
ftr-441	635	22	deficit	deficit	NOUN
ftr-441	635	23	reduction	reduction	NOUN
ftr-441	635	24	act	act	NOUN
ftr-441	635	25	of	of	ADP
ftr-441	635	26	1984	1984	NUM
ftr-441	635	27	,	,	PUNCT
ftr-441	635	28	pub	pub	NOUN
ftr-441	635	29	.	.	PUNCT
ftr-441	636	1	l.	l.	PROPN
ftr-441	636	2	no	no	INTJ
ftr-441	636	3	.	.	PROPN
ftr-441	637	1	98	98	NUM
ftr-441	637	2	-	-	SYM
ftr-441	637	3	369	369	NUM
ftr-441	637	4	,	,	PUNCT
ftr-441	637	5	§	§	PROPN
ftr-441	637	6	54(a)(1	54(a)(1	NUM
ftr-441	637	7	)	)	PUNCT
ftr-441	637	8	,	,	PUNCT
ftr-441	637	9	98	98	NUM
ftr-441	637	10	stat	stat	NOUN
ftr-441	637	11	.	.	PUNCT
ftr-441	638	1	494	494	NUM
ftr-441	638	2	,	,	PUNCT
ftr-441	638	3	568	568	NUM
ftr-441	638	4	(	(	PUNCT
ftr-441	638	5	amending	amend	VERB
ftr-441	638	6	former	former	ADJ
ftr-441	638	7	irc	irc	PROPN
ftr-441	638	8	§	§	PROPN
ftr-441	638	9	311(d)(1	311(d)(1	PROPN
ftr-441	638	10	)	)	PUNCT
ftr-441	638	11	)	)	PUNCT
ftr-441	638	12	;	;	PUNCT
ftr-441	638	13	tax	tax	NOUN
ftr-441	638	14	reform	reform	NOUN
ftr-441	638	15	act	act	NOUN
ftr-441	638	16	of	of	ADP
ftr-441	638	17	1986	1986	NUM
ftr-441	638	18	,	,	PUNCT
ftr-441	638	19	pub	pub	NOUN
ftr-441	638	20	.	.	PUNCT
ftr-441	639	1	l.	l.	PROPN
ftr-441	639	2	no	no	INTJ
ftr-441	639	3	.	.	PROPN
ftr-441	640	1	99	99	NUM
ftr-441	640	2	-	-	SYM
ftr-441	640	3	514	514	NUM
ftr-441	640	4	,	,	PUNCT
ftr-441	640	5	§	§	PROPN
ftr-441	640	6	631(a	631(a	PROPN
ftr-441	640	7	)	)	PUNCT
ftr-441	640	8	,	,	PUNCT
ftr-441	640	9	(	(	PUNCT
ftr-441	640	10	c	c	X
ftr-441	640	11	)	)	PUNCT
ftr-441	640	12	,	,	PUNCT
ftr-441	640	13	100	100	NUM
ftr-441	640	14	stat	stat	NOUN
ftr-441	640	15	.	.	PUNCT
ftr-441	641	1	2085	2085	NUM
ftr-441	641	2	,	,	PUNCT
ftr-441	641	3	2269	2269	NUM
ftr-441	641	4	,	,	PUNCT
ftr-441	641	5	2272	2272	NUM
ftr-441	641	6	(	(	PUNCT
ftr-441	641	7	amending	amend	VERB
ftr-441	641	8	irc	irc	ADV
ftr-441	641	9	§	§	PROPN
ftr-441	641	10	§	§	PROPN
ftr-441	641	11	311	311	NUM
ftr-441	641	12	,	,	PUNCT
ftr-441	641	13	336	336	NUM
ftr-441	641	14	)	)	PUNCT
ftr-441	641	15	.	.	PUNCT
ftr-441	642	1	[	[	X
ftr-441	642	2	vol	vol	NOUN
ftr-441	642	3	.	.	PUNCT
ftr-441	642	4	4:3	4:3	NUM
ftr-441	642	5	the	the	DET
ftr-441	642	6	future	future	ADJ
ftr-441	642	7	taxation	taxation	NOUN
ftr-441	642	8	of	of	ADP
ftr-441	642	9	private	private	ADJ
ftr-441	642	10	business	business	NOUN
ftr-441	642	11	firms	firm	NOUN
ftr-441	642	12	small	small	ADJ
ftr-441	642	13	businesses	business	NOUN
ftr-441	642	14	.	.	PUNCT
ftr-441	642	15	'	'	PUNCT
ftr-441	643	1	although	although	SCONJ
ftr-441	643	2	the	the	DET
ftr-441	643	3	creation	creation	NOUN
ftr-441	643	4	of	of	ADP
ftr-441	643	5	an	an	DET
ftr-441	643	6	administrable	administrable	ADJ
ftr-441	643	7	set	set	NOUN
ftr-441	643	8	of	of	ADP
ftr-441	643	9	provisions	provision	NOUN
ftr-441	643	10	was	be	AUX
ftr-441	643	11	not	not	PART
ftr-441	643	12	stated	state	VERB
ftr-441	643	13	as	as	ADP
ftr-441	643	14	a	a	DET
ftr-441	643	15	specific	specific	ADJ
ftr-441	643	16	objective	objective	NOUN
ftr-441	643	17	,	,	PUNCT
ftr-441	643	18	it	it	PRON
ftr-441	643	19	is	be	AUX
ftr-441	643	20	evident	evident	ADJ
ftr-441	643	21	that	that	SCONJ
ftr-441	643	22	congress	congress	PROPN
ftr-441	643	23	included	include	VERB
ftr-441	643	24	consideration	consideration	NOUN
ftr-441	643	25	of	of	ADP
ftr-441	643	26	that	that	DET
ftr-441	643	27	goal	goal	NOUN
ftr-441	643	28	in	in	ADP
ftr-441	643	29	crafting	craft	VERB
ftr-441	643	30	the	the	DET
ftr-441	643	31	rules.8	rules.8	PROPN
ftr-441	643	32	whether	whether	SCONJ
ftr-441	643	33	congress	congress	PROPN
ftr-441	643	34	has	have	AUX
ftr-441	643	35	achieved	achieve	VERB
ftr-441	643	36	that	that	DET
ftr-441	643	37	goal	goal	NOUN
ftr-441	643	38	is	be	AUX
ftr-441	643	39	a	a	DET
ftr-441	643	40	matter	matter	NOUN
ftr-441	643	41	of	of	ADP
ftr-441	643	42	some	some	DET
ftr-441	643	43	disagreement	disagreement	NOUN
ftr-441	643	44	,	,	PUNCT
ftr-441	643	45	'	'	PUNCT
ftr-441	643	46	but	but	CCONJ
ftr-441	643	47	most	most	ADJ
ftr-441	643	48	observers	observer	NOUN
ftr-441	643	49	surely	surely	ADV
ftr-441	643	50	would	would	AUX
ftr-441	643	51	agree	agree	VERB
ftr-441	643	52	that	that	DET
ftr-441	643	53	subchapter	subchapter	NOUN
ftr-441	643	54	s	s	NOUN
ftr-441	643	55	is	be	AUX
ftr-441	643	56	simpler	simple	ADJ
ftr-441	643	57	than	than	ADP
ftr-441	643	58	subchapter	subchapter	NOUN
ftr-441	643	59	k	k	NOUN
ftr-441	643	60	5	5	NUM
ftr-441	643	61	thus	thus	ADV
ftr-441	643	62	,	,	PUNCT
ftr-441	643	63	in	in	ADP
ftr-441	643	64	trying	try	VERB
ftr-441	643	65	to	to	PART
ftr-441	643	66	develop	develop	VERB
ftr-441	643	67	a	a	DET
ftr-441	643	68	simplified	simplified	ADJ
ftr-441	643	69	conduit	conduit	NOUN
ftr-441	643	70	approach	approach	NOUN
ftr-441	643	71	to	to	ADP
ftr-441	643	72	a	a	DET
ftr-441	643	73	particular	particular	ADJ
ftr-441	643	74	tax	tax	NOUN
ftr-441	643	75	issue	issue	NOUN
ftr-441	643	76	,	,	PUNCT
ftr-441	643	77	it	it	PRON
ftr-441	643	78	was	be	AUX
ftr-441	643	79	natural	natural	ADJ
ftr-441	643	80	to	to	PART
ftr-441	643	81	consider	consider	VERB
ftr-441	643	82	the	the	DET
ftr-441	643	83	rule	rule	NOUN
ftr-441	643	84	in	in	ADP
ftr-441	643	85	subchapter	subchapter	NOUN
ftr-441	643	86	s.	s.	PROPN
ftr-441	643	87	indeed	indeed	ADV
ftr-441	643	88	,	,	PUNCT
ftr-441	643	89	for	for	ADP
ftr-441	643	90	reasons	reason	NOUN
ftr-441	643	91	explained	explain	VERB
ftr-441	643	92	below	below	ADV
ftr-441	643	93	,	,	PUNCT
ftr-441	643	94	the	the	DET
ftr-441	643	95	basic	basic	ADJ
ftr-441	643	96	structure	structure	NOUN
ftr-441	643	97	of	of	ADP
ftr-441	643	98	subchapter	subchapter	NOUN
ftr-441	643	99	s	s	PART
ftr-441	643	100	serves	serve	VERB
ftr-441	643	101	as	as	ADP
ftr-441	643	102	a	a	DET
ftr-441	643	103	remarkably	remarkably	ADV
ftr-441	643	104	coherent	coherent	ADJ
ftr-441	643	105	version	version	NOUN
ftr-441	643	106	of	of	ADP
ftr-441	643	107	a	a	DET
ftr-441	643	108	simplified	simplified	ADJ
ftr-441	643	109	conduit	conduit	NOUN
ftr-441	643	110	system	system	NOUN
ftr-441	643	111	.	.	PUNCT
ftr-441	644	1	subchapter	subchapter	NOUN
ftr-441	644	2	s	s	VERB
ftr-441	644	3	provided	provide	VERB
ftr-441	644	4	another	another	DET
ftr-441	644	5	important	important	ADJ
ftr-441	644	6	advantage	advantage	NOUN
ftr-441	644	7	.	.	PUNCT
ftr-441	645	1	one	one	NUM
ftr-441	645	2	worry	worry	NOUN
ftr-441	645	3	in	in	ADP
ftr-441	645	4	trying	try	VERB
ftr-441	645	5	to	to	PART
ftr-441	645	6	fashion	fashion	VERB
ftr-441	645	7	a	a	DET
ftr-441	645	8	simpler	simple	ADJ
ftr-441	645	9	set	set	NOUN
ftr-441	645	10	of	of	ADP
ftr-441	645	11	rules	rule	NOUN
ftr-441	645	12	is	be	AUX
ftr-441	645	13	the	the	DET
ftr-441	645	14	possibility	possibility	NOUN
ftr-441	645	15	that	that	SCONJ
ftr-441	645	16	they	they	PRON
ftr-441	645	17	will	will	AUX
ftr-441	645	18	not	not	PART
ftr-441	645	19	adequately	adequately	ADV
ftr-441	645	20	protect	protect	VERB
ftr-441	645	21	the	the	DET
ftr-441	645	22	fisc	fisc	NOUN
ftr-441	645	23	.	.	PUNCT
ftr-441	646	1	elimination	elimination	NOUN
ftr-441	646	2	of	of	ADP
ftr-441	646	3	complicated	complicated	ADJ
ftr-441	646	4	subchapter	subchapter	NOUN
ftr-441	646	5	k	k	PROPN
ftr-441	646	6	provisions	provision	NOUN
ftr-441	646	7	intended	intend	VERB
ftr-441	646	8	to	to	PART
ftr-441	646	9	prevent	prevent	VERB
ftr-441	646	10	inappropriate	inappropriate	ADJ
ftr-441	646	11	tax	tax	NOUN
ftr-441	646	12	outcomes	outcome	NOUN
ftr-441	646	13	might	might	AUX
ftr-441	646	14	result	result	VERB
ftr-441	646	15	in	in	ADP
ftr-441	646	16	such	such	ADJ
ftr-441	646	17	outcomes	outcome	NOUN
ftr-441	646	18	being	be	AUX
ftr-441	646	19	resurrected	resurrect	VERB
ftr-441	646	20	within	within	ADP
ftr-441	646	21	the	the	DET
ftr-441	646	22	simplified	simplified	ADJ
ftr-441	646	23	conduit	conduit	NOUN
ftr-441	646	24	system	system	NOUN
ftr-441	646	25	.	.	PUNCT
ftr-441	647	1	subchapter	subchapter	NOUN
ftr-441	647	2	s	s	PART
ftr-441	647	3	,	,	PUNCT
ftr-441	647	4	however	however	ADV
ftr-441	647	5	,	,	PUNCT
ftr-441	647	6	offers	offer	VERB
ftr-441	647	7	an	an	DET
ftr-441	647	8	instructive	instructive	ADJ
ftr-441	647	9	40	40	NUM
ftr-441	647	10	-	-	PUNCT
ftr-441	647	11	year	year	NOUN
ftr-441	647	12	track	track	NOUN
ftr-441	647	13	record	record	NOUN
ftr-441	647	14	of	of	ADP
ftr-441	647	15	taxpayers	taxpayer	NOUN
ftr-441	647	16	and	and	CCONJ
ftr-441	647	17	transactions	transaction	NOUN
ftr-441	647	18	subject	subject	ADJ
ftr-441	647	19	to	to	ADP
ftr-441	647	20	those	those	DET
ftr-441	647	21	rules	rule	NOUN
ftr-441	647	22	.	.	PUNCT
ftr-441	648	1	thus	thus	ADV
ftr-441	648	2	,	,	PUNCT
ftr-441	648	3	if	if	SCONJ
ftr-441	648	4	an	an	DET
ftr-441	648	5	inappropriate	inappropriate	ADJ
ftr-441	648	6	transaction	transaction	NOUN
ftr-441	648	7	has	have	AUX
ftr-441	648	8	not	not	PART
ftr-441	648	9	arisen	arise	VERB
ftr-441	648	10	under	under	ADP
ftr-441	648	11	that	that	DET
ftr-441	648	12	subehapter	subehapter	NOUN
ftr-441	648	13	,	,	PUNCT
ftr-441	648	14	it	it	PRON
ftr-441	648	15	may	may	AUX
ftr-441	648	16	be	be	AUX
ftr-441	648	17	indicative	indicative	ADJ
ftr-441	648	18	of	of	ADP
ftr-441	648	19	the	the	DET
ftr-441	648	20	experience	experience	NOUN
ftr-441	648	21	one	one	PRON
ftr-441	648	22	could	could	AUX
ftr-441	648	23	expect	expect	VERB
ftr-441	648	24	under	under	ADP
ftr-441	648	25	a	a	DET
ftr-441	648	26	new	new	ADJ
ftr-441	648	27	system	system	NOUN
ftr-441	648	28	modeled	model	VERB
ftr-441	648	29	after	after	ADP
ftr-441	648	30	one	one	NUM
ftr-441	648	31	or	or	CCONJ
ftr-441	648	32	more	more	ADJ
ftr-441	648	33	of	of	ADP
ftr-441	648	34	its	its	PRON
ftr-441	648	35	rules	rule	NOUN
ftr-441	648	36	.	.	PUNCT
ftr-441	649	1	a	a	DET
ftr-441	649	2	difficulty	difficulty	NOUN
ftr-441	649	3	with	with	ADP
ftr-441	649	4	relying	rely	VERB
ftr-441	649	5	too	too	ADV
ftr-441	649	6	heavily	heavily	ADV
ftr-441	649	7	on	on	ADP
ftr-441	649	8	subchapter	subchapter	NOUN
ftr-441	649	9	s	s	PART
ftr-441	649	10	,	,	PUNCT
ftr-441	649	11	however	however	ADV
ftr-441	649	12	,	,	PUNCT
ftr-441	649	13	is	be	AUX
ftr-441	649	14	its	its	PRON
ftr-441	649	15	somewhat	somewhat	ADV
ftr-441	649	16	perverse	perverse	ADJ
ftr-441	649	17	relationship	relationship	NOUN
ftr-441	649	18	to	to	PART
ftr-441	649	19	subchapter	subchapter	VERB
ftr-441	649	20	k	k	NOUN
ftr-441	649	21	assuming	assume	VERB
ftr-441	649	22	that	that	SCONJ
ftr-441	649	23	use	use	NOUN
ftr-441	649	24	of	of	ADP
ftr-441	649	25	the	the	DET
ftr-441	649	26	simplified	simplified	ADJ
ftr-441	649	27	conduit	conduit	NOUN
ftr-441	649	28	version	version	NOUN
ftr-441	649	29	is	be	AUX
ftr-441	649	30	a	a	DET
ftr-441	649	31	matter	matter	NOUN
ftr-441	649	32	of	of	ADP
ftr-441	649	33	explicit	explicit	ADJ
ftr-441	649	34	or	or	CCONJ
ftr-441	649	35	transactional	transactional	ADJ
ftr-441	649	36	election	election	NOUN
ftr-441	649	37	by	by	ADP
ftr-441	649	38	the	the	DET
ftr-441	649	39	taxpayer	taxpayer	NOUN
ftr-441	649	40	,	,	PUNCT
ftr-441	649	41	then	then	ADV
ftr-441	649	42	the	the	DET
ftr-441	649	43	substantive	substantive	ADJ
ftr-441	649	44	tax	tax	NOUN
ftr-441	649	45	outcomes	outcome	NOUN
ftr-441	649	46	under	under	ADP
ftr-441	649	47	that	that	DET
ftr-441	649	48	version	version	NOUN
ftr-441	649	49	must	must	AUX
ftr-441	649	50	be	be	AUX
ftr-441	649	51	compared	compare	VERB
ftr-441	649	52	to	to	ADP
ftr-441	649	53	those	those	PRON
ftr-441	649	54	under	under	ADP
ftr-441	649	55	the	the	DET
ftr-441	649	56	default	default	NOUN
ftr-441	649	57	conduit	conduit	NOUN
ftr-441	649	58	version	version	NOUN
ftr-441	649	59	,	,	PUNCT
ftr-441	649	60	i.e.	i.e.	X
ftr-441	649	61	some	some	DET
ftr-441	649	62	variation	variation	NOUN
ftr-441	649	63	of	of	ADP
ftr-441	649	64	subchapter	subchapter	NOUN
ftr-441	649	65	k.	k.	PROPN
ftr-441	650	1	unless	unless	SCONJ
ftr-441	650	2	the	the	DET
ftr-441	650	3	results	result	NOUN
ftr-441	650	4	under	under	ADP
ftr-441	650	5	the	the	DET
ftr-441	650	6	simplified	simplified	ADJ
ftr-441	650	7	version	version	NOUN
ftr-441	650	8	are	be	AUX
ftr-441	650	9	roughly	roughly	ADV
ftr-441	650	10	equivalent	equivalent	ADJ
ftr-441	650	11	to	to	ADP
ftr-441	650	12	(	(	PUNCT
ftr-441	650	13	or	or	CCONJ
ftr-441	650	14	indeed	indeed	ADV
ftr-441	650	15	,	,	PUNCT
ftr-441	650	16	more	more	ADJ
ftr-441	650	17	taxpayer	taxpayer	NOUN
ftr-441	650	18	-	-	PUNCT
ftr-441	650	19	favorable	favorable	ADJ
ftr-441	650	20	than	than	ADP
ftr-441	650	21	)	)	PUNCT
ftr-441	650	22	the	the	DET
ftr-441	650	23	results	result	NOUN
ftr-441	650	24	under	under	ADP
ftr-441	650	25	the	the	DET
ftr-441	650	26	82	82	NUM
ftr-441	650	27	.	.	PUNCT
ftr-441	651	1	see	see	VERB
ftr-441	651	2	s.	s.	PROPN
ftr-441	651	3	rep	rep	PROPN
ftr-441	651	4	.	.	PROPN
ftr-441	651	5	no	no	PROPN
ftr-441	651	6	.	.	NOUN
ftr-441	651	7	1983	1983	NUM
ftr-441	651	8	,	,	PUNCT
ftr-441	651	9	85th	85th	ADJ
ftr-441	651	10	cong	cong	NOUN
ftr-441	651	11	.	.	PROPN
ftr-441	652	1	,	,	PUNCT
ftr-441	652	2	2d	2d	PROPN
ftr-441	652	3	sess	sess	NOUN
ftr-441	652	4	.	.	PUNCT
ftr-441	653	1	87	87	NUM
ftr-441	653	2	(	(	PUNCT
ftr-441	653	3	1958	1958	NUM
ftr-441	653	4	)	)	PUNCT
ftr-441	653	5	,	,	PUNCT
ftr-441	653	6	reprinted	reprint	VERB
ftr-441	653	7	in	in	ADP
ftr-441	653	8	1958	1958	NUM
ftr-441	653	9	-	-	SYM
ftr-441	653	10	3	3	NUM
ftr-441	653	11	c.b	c.b	PROPN
ftr-441	653	12	.	.	PROPN
ftr-441	653	13	922	922	NUM
ftr-441	653	14	,	,	PUNCT
ftr-441	653	15	1008	1008	NUM
ftr-441	653	16	.	.	PUNCT
ftr-441	654	1	83	83	NUM
ftr-441	654	2	.	.	PUNCT
ftr-441	655	1	for	for	ADP
ftr-441	655	2	example	example	NOUN
ftr-441	655	3	,	,	PUNCT
ftr-441	655	4	in	in	ADP
ftr-441	655	5	explaining	explain	VERB
ftr-441	655	6	the	the	DET
ftr-441	655	7	reason	reason	NOUN
ftr-441	655	8	for	for	ADP
ftr-441	655	9	the	the	DET
ftr-441	655	10	one	one	NUM
ftr-441	655	11	class	class	NOUN
ftr-441	655	12	of	of	ADP
ftr-441	655	13	stock	stock	NOUN
ftr-441	655	14	rule	rule	NOUN
ftr-441	655	15	contained	contain	VERB
ftr-441	655	16	in	in	ADP
ftr-441	655	17	an	an	DET
ftr-441	655	18	early	early	ADJ
ftr-441	655	19	proposal	proposal	NOUN
ftr-441	655	20	of	of	ADP
ftr-441	655	21	what	what	PRON
ftr-441	655	22	eventually	eventually	ADV
ftr-441	655	23	became	become	VERB
ftr-441	655	24	subchapter	subchapter	NOUN
ftr-441	655	25	s	s	NOUN
ftr-441	655	26	,	,	PUNCT
ftr-441	655	27	the	the	DET
ftr-441	655	28	senate	senate	PROPN
ftr-441	655	29	report	report	NOUN
ftr-441	655	30	describes	describe	VERB
ftr-441	655	31	the	the	DET
ftr-441	655	32	"	"	PUNCT
ftr-441	655	33	great	great	ADJ
ftr-441	655	34	complications	complication	NOUN
ftr-441	655	35	"	"	PUNCT
ftr-441	655	36	that	that	PRON
ftr-441	655	37	would	would	AUX
ftr-441	655	38	arise	arise	VERB
ftr-441	655	39	under	under	ADP
ftr-441	655	40	a	a	DET
ftr-441	655	41	contrary	contrary	ADJ
ftr-441	655	42	rule	rule	NOUN
ftr-441	655	43	.	.	PUNCT
ftr-441	656	1	see	see	VERB
ftr-441	656	2	s.	s.	PROPN
ftr-441	656	3	rep	rep	PROPN
ftr-441	656	4	.	.	PROPN
ftr-441	656	5	no	no	PROPN
ftr-441	656	6	.	.	NOUN
ftr-441	656	7	1622	1622	NUM
ftr-441	656	8	,	,	PUNCT
ftr-441	656	9	83rd	83rd	ADJ
ftr-441	656	10	cong	cong	NOUN
ftr-441	656	11	.	.	PROPN
ftr-441	657	1	,	,	PUNCT
ftr-441	657	2	2d	2d	PROPN
ftr-441	657	3	sess	sess	NOUN
ftr-441	657	4	.	.	PUNCT
ftr-441	658	1	453	453	NUM
ftr-441	658	2	-	-	SYM
ftr-441	658	3	54	54	NUM
ftr-441	658	4	(	(	PUNCT
ftr-441	658	5	1954	1954	NUM
ftr-441	658	6	)	)	PUNCT
ftr-441	658	7	(	(	PUNCT
ftr-441	658	8	serial	serial	NOUN
ftr-441	658	9	set	set	NOUN
ftr-441	658	10	11735	11735	NUM
ftr-441	658	11	)	)	PUNCT
ftr-441	658	12	.	.	PUNCT
ftr-441	659	1	84	84	NUM
ftr-441	659	2	.	.	PUNCT
ftr-441	660	1	see	see	VERB
ftr-441	660	2	burgess	burgess	PROPN
ftr-441	660	3	j.w	j.w	PROPN
ftr-441	660	4	.	.	PROPN
ftr-441	660	5	raby	raby	PROPN
ftr-441	660	6	&	&	CCONJ
ftr-441	660	7	william	william	PROPN
ftr-441	660	8	l.	l.	PROPN
ftr-441	660	9	raby	raby	PROPN
ftr-441	660	10	,	,	PUNCT
ftr-441	660	11	s	s	PART
ftr-441	660	12	corporation	corporation	NOUN
ftr-441	660	13	aaa	aaa	NOUN
ftr-441	660	14	and	and	CCONJ
ftr-441	660	15	oaa	oaa	PROPN
ftr-441	660	16	-	-	PUNCT
ftr-441	660	17	alphabet	alphabet	NOUN
ftr-441	660	18	soup	soup	NOUN
ftr-441	660	19	or	or	CCONJ
ftr-441	660	20	taxpayer	taxpayer	NOUN
ftr-441	660	21	stew	stew	NOUN
ftr-441	660	22	?	?	PUNCT
ftr-441	660	23	,	,	PUNCT
ftr-441	660	24	78	78	NUM
ftr-441	660	25	tax	tax	NOUN
ftr-441	660	26	notes	note	NOUN
ftr-441	660	27	1013	1013	NUM
ftr-441	660	28	,	,	PUNCT
ftr-441	660	29	1013	1013	NUM
ftr-441	660	30	(	(	PUNCT
ftr-441	660	31	1998	1998	NUM
ftr-441	660	32	)	)	PUNCT
ftr-441	660	33	(	(	PUNCT
ftr-441	660	34	describing	describe	VERB
ftr-441	660	35	subchapter	subchapter	NOUN
ftr-441	660	36	s	s	PRON
ftr-441	660	37	as	as	ADP
ftr-441	660	38	"	"	PUNCT
ftr-441	660	39	remarkably	remarkably	ADV
ftr-441	660	40	complicated	complicated	ADJ
ftr-441	660	41	'	'	PUNCT
ftr-441	660	42	)	)	PUNCT
ftr-441	660	43	;	;	PUNCT
ftr-441	660	44	michael	michael	PROPN
ftr-441	660	45	l.	l.	PROPN
ftr-441	660	46	schler	schler	PROPN
ftr-441	660	47	,	,	PUNCT
ftr-441	660	48	initial	initial	ADJ
ftr-441	660	49	thoughts	thought	NOUN
ftr-441	660	50	on	on	ADP
ftr-441	660	51	the	the	DET
ftr-441	660	52	proposed	propose	VERB
ftr-441	660	53	"	"	PUNCT
ftr-441	660	54	check	check	VERB
ftr-441	660	55	-	-	PUNCT
ftr-441	660	56	the	the	DET
ftr-441	660	57	-	-	PUNCT
ftr-441	660	58	box	box	NOUN
ftr-441	660	59	"	"	PUNCT
ftr-441	660	60	regulations	regulation	NOUN
ftr-441	660	61	,	,	PUNCT
ftr-441	660	62	71	71	NUM
ftr-441	660	63	tax	tax	NOUN
ftr-441	660	64	notes	note	NOUN
ftr-441	660	65	1679	1679	NUM
ftr-441	660	66	,	,	PUNCT
ftr-441	660	67	1684	1684	NUM
ftr-441	660	68	(	(	PUNCT
ftr-441	660	69	1996	1996	NUM
ftr-441	660	70	)	)	PUNCT
ftr-441	660	71	(	(	PUNCT
ftr-441	660	72	subchapter	subchapter	NOUN
ftr-441	660	73	s	s	VERB
ftr-441	660	74	is	be	AUX
ftr-441	660	75	"	"	PUNCT
ftr-441	660	76	extraordinarily	extraordinarily	ADV
ftr-441	660	77	complex	complex	ADJ
ftr-441	660	78	"	"	PUNCT
ftr-441	660	79	)	)	PUNCT
ftr-441	660	80	.	.	PUNCT
ftr-441	661	1	85	85	NUM
ftr-441	661	2	.	.	PUNCT
ftr-441	662	1	see	see	VERB
ftr-441	662	2	berger	berger	PROPN
ftr-441	662	3	,	,	PUNCT
ftr-441	662	4	supra	supra	PROPN
ftr-441	662	5	note	note	PROPN
ftr-441	662	6	63	63	NUM
ftr-441	662	7	,	,	PUNCT
ftr-441	662	8	at	at	ADP
ftr-441	662	9	110	110	NUM
ftr-441	662	10	(	(	PUNCT
ftr-441	662	11	greater	great	ADJ
ftr-441	662	12	reliance	reliance	NOUN
ftr-441	662	13	upon	upon	SCONJ
ftr-441	662	14	the	the	DET
ftr-441	662	15	"	"	PUNCT
ftr-441	662	16	relatively	relatively	ADV
ftr-441	662	17	simple	simple	ADJ
ftr-441	662	18	foundation	foundation	NOUN
ftr-441	662	19	of	of	ADP
ftr-441	662	20	subchapter	subchapter	NOUN
ftr-441	662	21	s	s	PART
ftr-441	662	22	,	,	PUNCT
ftr-441	662	23	rather	rather	ADV
ftr-441	662	24	than	than	ADP
ftr-441	662	25	upon	upon	SCONJ
ftr-441	662	26	the	the	DET
ftr-441	662	27	intricately	intricately	ADV
ftr-441	662	28	ornate	ornate	ADJ
ftr-441	662	29	base	base	NOUN
ftr-441	662	30	of	of	ADP
ftr-441	662	31	subchapter	subchapter	NOUN
ftr-441	662	32	k	k	PROPN
ftr-441	662	33	(	(	PUNCT
ftr-441	662	34	would	would	AUX
ftr-441	662	35	permit	permit	VERB
ftr-441	662	36	]	]	X
ftr-441	662	37	most	most	ADJ
ftr-441	662	38	of	of	ADP
ftr-441	662	39	the	the	DET
ftr-441	662	40	arcane	arcane	ADJ
ftr-441	662	41	complexity	complexity	NOUN
ftr-441	662	42	from	from	ADP
ftr-441	662	43	this	this	DET
ftr-441	662	44	sector	sector	NOUN
ftr-441	662	45	of	of	ADP
ftr-441	662	46	tax	tax	NOUN
ftr-441	662	47	law	law	NOUN
ftr-441	663	1	[	[	X
ftr-441	663	2	to	to	PART
ftr-441	663	3	disappear	disappear	VERB
ftr-441	663	4	]	]	PUNCT
ftr-441	663	5	"	"	PUNCT
ftr-441	663	6	)	)	PUNCT
ftr-441	663	7	;	;	PUNCT
ftr-441	663	8	martin	martin	PROPN
ftr-441	663	9	d.	d.	PROPN
ftr-441	663	10	ginsburg	ginsburg	PROPN
ftr-441	663	11	,	,	PUNCT
ftr-441	663	12	maintaining	maintain	VERB
ftr-441	663	13	subchapter	subchapter	NOUN
ftr-441	663	14	s	s	NOUN
ftr-441	663	15	in	in	ADP
ftr-441	663	16	an	an	DET
ftr-441	663	17	integrated	integrated	ADJ
ftr-441	663	18	tax	tax	NOUN
ftr-441	663	19	world	world	NOUN
ftr-441	663	20	,	,	PUNCT
ftr-441	663	21	47	47	NUM
ftr-441	663	22	tax	tax	NOUN
ftr-441	663	23	l	l	NOUN
ftr-441	663	24	rev	rev	X
ftr-441	663	25	.	.	PROPN
ftr-441	663	26	665	665	NUM
ftr-441	663	27	,	,	PUNCT
ftr-441	663	28	669	669	NUM
ftr-441	663	29	(	(	PUNCT
ftr-441	663	30	1992	1992	NUM
ftr-441	663	31	)	)	PUNCT
ftr-441	663	32	(	(	PUNCT
ftr-441	663	33	"	"	PUNCT
ftr-441	663	34	one	one	NUM
ftr-441	663	35	thing	thing	NOUN
ftr-441	663	36	that	that	PRON
ftr-441	663	37	makes	make	VERB
ftr-441	663	38	subchapter	subchapter	NOUN
ftr-441	663	39	s	s	PART
ftr-441	663	40	look	look	NOUN
ftr-441	663	41	really	really	ADV
ftr-441	663	42	good	good	ADJ
ftr-441	663	43	is	be	AUX
ftr-441	663	44	subchapter	subchapter	NOUN
ftr-441	663	45	k.	k.	NOUN
ftr-441	663	46	the	the	DET
ftr-441	663	47	awesomely	awesomely	ADV
ftr-441	663	48	complex	complex	ADJ
ftr-441	663	49	partnership	partnership	NOUN
ftr-441	663	50	tax	tax	NOUN
ftr-441	663	51	provisions	provision	NOUN
ftr-441	663	52	"	"	PUNCT
ftr-441	663	53	)	)	PUNCT
ftr-441	663	54	;	;	PUNCT
ftr-441	663	55	deborah	deborah	PROPN
ftr-441	663	56	h.	h.	PROPN
ftr-441	663	57	schenk	schenk	PROPN
ftr-441	663	58	,	,	PUNCT
ftr-441	663	59	commentary	commentary	NOUN
ftr-441	663	60	:	:	PUNCT
ftr-441	663	61	complete	complete	ADJ
ftr-441	663	62	integration	integration	NOUN
ftr-441	663	63	in	in	ADP
ftr-441	663	64	a	a	DET
ftr-441	663	65	partial	partial	ADJ
ftr-441	663	66	integration	integration	NOUN
ftr-441	663	67	world	world	NOUN
ftr-441	663	68	,	,	PUNCT
ftr-441	663	69	47	47	NUM
ftr-441	663	70	tax	tax	NOUN
ftr-441	663	71	l.	l.	PROPN
ftr-441	663	72	rev	rev	PROPN
ftr-441	663	73	.	.	PROPN
ftr-441	663	74	697	697	NUM
ftr-441	663	75	,	,	PUNCT
ftr-441	663	76	712	712	NUM
ftr-441	663	77	(	(	PUNCT
ftr-441	663	78	1992	1992	NUM
ftr-441	663	79	)	)	PUNCT
ftr-441	663	80	(	(	PUNCT
ftr-441	663	81	"	"	PUNCT
ftr-441	663	82	one	one	NUM
ftr-441	663	83	of	of	ADP
ftr-441	663	84	the	the	DET
ftr-441	663	85	hallmarks	hallmark	NOUN
ftr-441	663	86	of	of	ADP
ftr-441	663	87	subchapter	subchapter	NOUN
ftr-441	663	88	s	s	PART
ftr-441	663	89	is	be	AUX
ftr-441	663	90	its	its	PRON
ftr-441	663	91	...	...	PUNCT
ftr-441	663	92	simplicity	simplicity	NOUN
ftr-441	663	93	[	[	PUNCT
ftr-441	663	94	relative	relative	ADJ
ftr-441	663	95	to	to	ADP
ftr-441	663	96	subchapter	subchapter	NOUN
ftr-441	663	97	k	k	NOUN
ftr-441	663	98	]	]	X
ftr-441	663	99	.	.	PUNCT
ftr-441	663	100	'	'	PUNCT
ftr-441	663	101	)	)	PUNCT
ftr-441	663	102	.	.	PUNCT
ftr-441	664	1	19991	19991	NUM
ftr-441	664	2	florida	florida	PROPN
ftr-441	664	3	tax	tax	NOUN
ftr-441	664	4	review	review	NOUN
ftr-441	664	5	default	default	NOUN
ftr-441	664	6	system	system	NOUN
ftr-441	664	7	,	,	PUNCT
ftr-441	664	8	use	use	NOUN
ftr-441	664	9	of	of	ADP
ftr-441	664	10	the	the	DET
ftr-441	664	11	simplified	simplified	ADJ
ftr-441	664	12	version	version	NOUN
ftr-441	664	13	might	might	AUX
ftr-441	664	14	well	well	ADV
ftr-441	664	15	be	be	AUX
ftr-441	664	16	discouraged	discourage	VERB
ftr-441	664	17	.	.	PUNCT
ftr-441	665	1	yet	yet	CCONJ
ftr-441	665	2	current	current	ADJ
ftr-441	665	3	subchapters	subchapter	NOUN
ftr-441	665	4	k	k	PROPN
ftr-441	665	5	and	and	CCONJ
ftr-441	665	6	s	s	AUX
ftr-441	665	7	do	do	AUX
ftr-441	665	8	not	not	PART
ftr-441	665	9	have	have	VERB
ftr-441	665	10	that	that	DET
ftr-441	665	11	relationship	relationship	NOUN
ftr-441	665	12	.	.	PUNCT
ftr-441	666	1	subchapter	subchapter	NOUN
ftr-441	666	2	s	s	PART
ftr-441	666	3	is	be	AUX
ftr-441	666	4	simpler	simple	ADJ
ftr-441	666	5	than	than	ADP
ftr-441	666	6	subchapter	subchapter	NOUN
ftr-441	666	7	k	k	NOUN
ftr-441	667	1	but	but	CCONJ
ftr-441	667	2	it	it	PRON
ftr-441	667	3	also	also	ADV
ftr-441	667	4	generally	generally	ADV
ftr-441	667	5	produces	produce	VERB
ftr-441	667	6	tax	tax	NOUN
ftr-441	667	7	results	result	NOUN
ftr-441	667	8	less	less	ADV
ftr-441	667	9	favorable	favorable	ADJ
ftr-441	667	10	to	to	ADP
ftr-441	667	11	taxpayers	taxpayer	NOUN
ftr-441	667	12	.	.	PUNCT
ftr-441	668	1	as	as	ADP
ftr-441	668	2	a	a	DET
ftr-441	668	3	result	result	NOUN
ftr-441	668	4	,	,	PUNCT
ftr-441	668	5	some	some	DET
ftr-441	668	6	commentators	commentator	NOUN
ftr-441	668	7	have	have	AUX
ftr-441	668	8	predicted	predict	VERB
ftr-441	668	9	the	the	DET
ftr-441	668	10	demise	demise	NOUN
ftr-441	668	11	of	of	ADP
ftr-441	668	12	subchapter	subchapter	NOUN
ftr-441	668	13	s	s	NOUN
ftr-441	668	14	and	and	CCONJ
ftr-441	668	15	some	some	PRON
ftr-441	668	16	have	have	AUX
ftr-441	668	17	even	even	ADV
ftr-441	668	18	urged	urge	VERB
ftr-441	668	19	its	its	PRON
ftr-441	668	20	repeal.8	repeal.8	PROPN
ftr-441	668	21	6	6	NUM
ftr-441	668	22	for	for	ADP
ftr-441	668	23	reasons	reason	NOUN
ftr-441	668	24	described	describe	VERB
ftr-441	668	25	in	in	ADP
ftr-441	668	26	part	part	PROPN
ftr-441	668	27	ii	ii	PROPN
ftr-441	668	28	,	,	PUNCT
ftr-441	668	29	this	this	DET
ftr-441	668	30	article	article	NOUN
ftr-441	668	31	contends	contend	VERB
ftr-441	668	32	that	that	SCONJ
ftr-441	668	33	it	it	PRON
ftr-441	668	34	is	be	AUX
ftr-441	668	35	important	important	ADJ
ftr-441	668	36	to	to	PART
ftr-441	668	37	preserve	preserve	VERB
ftr-441	668	38	a	a	DET
ftr-441	668	39	simplified	simplified	ADJ
ftr-441	668	40	version	version	NOUN
ftr-441	668	41	of	of	ADP
ftr-441	668	42	conduit	conduit	NOUN
ftr-441	668	43	taxation	taxation	NOUN
ftr-441	668	44	for	for	ADP
ftr-441	668	45	as	as	ADV
ftr-441	668	46	many	many	ADJ
ftr-441	668	47	private	private	ADJ
ftr-441	668	48	business	business	NOUN
ftr-441	668	49	firms	firm	NOUN
ftr-441	668	50	as	as	ADP
ftr-441	668	51	possible	possible	ADJ
ftr-441	668	52	.	.	PUNCT
ftr-441	669	1	to	to	PART
ftr-441	669	2	accomplish	accomplish	VERB
ftr-441	669	3	that	that	DET
ftr-441	669	4	end	end	NOUN
ftr-441	669	5	,	,	PUNCT
ftr-441	669	6	it	it	PRON
ftr-441	669	7	is	be	AUX
ftr-441	669	8	necessary	necessary	ADJ
ftr-441	669	9	to	to	PART
ftr-441	669	10	reconfigure	reconfigure	VERB
ftr-441	669	11	somewhat	somewhat	ADV
ftr-441	669	12	the	the	DET
ftr-441	669	13	tax	tax	NOUN
ftr-441	669	14	consequences	consequence	NOUN
ftr-441	669	15	under	under	ADP
ftr-441	669	16	subchapters	subchapter	NOUN
ftr-441	669	17	s	s	PART
ftr-441	669	18	and	and	CCONJ
ftr-441	669	19	k.	k.	PROPN
ftr-441	669	20	far	far	ADV
ftr-441	669	21	from	from	ADP
ftr-441	669	22	being	be	AUX
ftr-441	669	23	repealed	repeal	VERB
ftr-441	669	24	,	,	PUNCT
ftr-441	669	25	the	the	DET
ftr-441	669	26	former	former	ADJ
ftr-441	669	27	should	should	AUX
ftr-441	669	28	generally	generally	ADV
ftr-441	669	29	be	be	AUX
ftr-441	669	30	liberalized	liberalize	VERB
ftr-441	669	31	;	;	PUNCT
ftr-441	669	32	in	in	ADP
ftr-441	669	33	contrast	contrast	NOUN
ftr-441	669	34	,	,	PUNCT
ftr-441	669	35	some	some	PRON
ftr-441	669	36	of	of	ADP
ftr-441	669	37	the	the	DET
ftr-441	669	38	vaunted	vaunted	ADJ
ftr-441	669	39	flexibility	flexibility	NOUN
ftr-441	669	40	of	of	ADP
ftr-441	669	41	the	the	DET
ftr-441	669	42	latter	latter	ADJ
ftr-441	669	43	should	should	AUX
ftr-441	669	44	be	be	AUX
ftr-441	669	45	curtailed	curtail	VERB
ftr-441	669	46	.	.	PUNCT
ftr-441	670	1	the	the	DET
ftr-441	670	2	challenge	challenge	NOUN
ftr-441	670	3	is	be	AUX
ftr-441	670	4	achieving	achieve	VERB
ftr-441	670	5	the	the	DET
ftr-441	670	6	right	right	ADJ
ftr-441	670	7	balance	balance	NOUN
ftr-441	670	8	:	:	PUNCT
ftr-441	670	9	liberalization	liberalization	NOUN
ftr-441	670	10	of	of	ADP
ftr-441	670	11	subchapter	subchapter	NOUN
ftr-441	670	12	s	s	VERB
ftr-441	670	13	should	should	AUX
ftr-441	670	14	not	not	PART
ftr-441	670	15	result	result	VERB
ftr-441	670	16	in	in	ADP
ftr-441	670	17	any	any	DET
ftr-441	670	18	significant	significant	ADJ
ftr-441	670	19	loss	loss	NOUN
ftr-441	670	20	of	of	ADP
ftr-441	670	21	simplicity	simplicity	NOUN
ftr-441	670	22	,	,	PUNCT
ftr-441	670	23	and	and	CCONJ
ftr-441	670	24	modifying	modify	VERB
ftr-441	670	25	subchapter	subchapter	NOUN
ftr-441	670	26	k	k	PROPN
ftr-441	670	27	should	should	AUX
ftr-441	670	28	not	not	PART
ftr-441	670	29	cause	cause	VERB
ftr-441	670	30	it	it	PRON
ftr-441	670	31	to	to	PART
ftr-441	670	32	produce	produce	VERB
ftr-441	670	33	significantly	significantly	ADV
ftr-441	670	34	incorrect	incorrect	ADJ
ftr-441	670	35	results	result	NOUN
ftr-441	670	36	.	.	PUNCT
ftr-441	671	1	the	the	DET
ftr-441	671	2	next	next	ADJ
ftr-441	671	3	section	section	NOUN
ftr-441	671	4	describes	describe	VERB
ftr-441	671	5	the	the	DET
ftr-441	671	6	theoretical	theoretical	ADJ
ftr-441	671	7	underpinning	underpinning	NOUN
ftr-441	671	8	of	of	ADP
ftr-441	671	9	the	the	DET
ftr-441	671	10	simplified	simplified	ADJ
ftr-441	671	11	version	version	NOUN
ftr-441	671	12	of	of	ADP
ftr-441	671	13	conduit	conduit	NOUN
ftr-441	671	14	taxation	taxation	NOUN
ftr-441	671	15	.	.	PUNCT
ftr-441	672	1	it	it	PRON
ftr-441	672	2	explains	explain	VERB
ftr-441	672	3	why	why	SCONJ
ftr-441	672	4	the	the	DET
ftr-441	672	5	availability	availability	NOUN
ftr-441	672	6	of	of	ADP
ftr-441	672	7	"	"	PUNCT
ftr-441	672	8	simple	simple	ADJ
ftr-441	672	9	"	"	PUNCT
ftr-441	672	10	rules	rule	NOUN
ftr-441	672	11	is	be	AUX
ftr-441	672	12	necessarily	necessarily	ADV
ftr-441	672	13	tied	tie	VERB
ftr-441	672	14	to	to	ADP
ftr-441	672	15	the	the	DET
ftr-441	672	16	characteristics	characteristic	NOUN
ftr-441	672	17	of	of	ADP
ftr-441	672	18	the	the	DET
ftr-441	672	19	firms	firm	NOUN
ftr-441	672	20	and	and	CCONJ
ftr-441	672	21	owners	owner	NOUN
ftr-441	672	22	subject	subject	ADJ
ftr-441	672	23	to	to	ADP
ftr-441	672	24	those	those	DET
ftr-441	672	25	rules	rule	NOUN
ftr-441	672	26	.	.	PUNCT
ftr-441	673	1	accordingly	accordingly	ADV
ftr-441	673	2	,	,	PUNCT
ftr-441	673	3	the	the	DET
ftr-441	673	4	proposal	proposal	NOUN
ftr-441	673	5	limits	limit	VERB
ftr-441	673	6	applicability	applicability	NOUN
ftr-441	673	7	of	of	ADP
ftr-441	673	8	the	the	DET
ftr-441	673	9	simplified	simplified	ADJ
ftr-441	673	10	version	version	NOUN
ftr-441	673	11	to	to	ADP
ftr-441	673	12	a	a	DET
ftr-441	673	13	subset	subset	NOUN
ftr-441	673	14	of	of	ADP
ftr-441	673	15	private	private	ADJ
ftr-441	673	16	business	business	NOUN
ftr-441	673	17	firms	firm	NOUN
ftr-441	673	18	referred	refer	VERB
ftr-441	673	19	to	to	ADP
ftr-441	673	20	in	in	ADP
ftr-441	673	21	this	this	DET
ftr-441	673	22	article	article	NOUN
ftr-441	673	23	as	as	ADP
ftr-441	673	24	"	"	PUNCT
ftr-441	673	25	simple	simple	ADJ
ftr-441	673	26	private	private	ADJ
ftr-441	673	27	business	business	NOUN
ftr-441	673	28	firms	firm	NOUN
ftr-441	673	29	"	"	PUNCT
ftr-441	673	30	(	(	PUNCT
ftr-441	673	31	spbfs	spbfs	NOUN
ftr-441	673	32	)	)	PUNCT
ftr-441	673	33	.	.	PUNCT
ftr-441	674	1	section	section	NOUN
ftr-441	674	2	c	c	PROPN
ftr-441	674	3	then	then	ADV
ftr-441	674	4	outlines	outline	VERB
ftr-441	674	5	the	the	DET
ftr-441	674	6	basic	basic	ADJ
ftr-441	674	7	operating	operate	VERB
ftr-441	674	8	provisions	provision	NOUN
ftr-441	674	9	of	of	ADP
ftr-441	674	10	the	the	DET
ftr-441	674	11	simplified	simplified	ADJ
ftr-441	674	12	system	system	NOUN
ftr-441	674	13	,	,	PUNCT
ftr-441	674	14	which	which	PRON
ftr-441	674	15	generally	generally	ADV
ftr-441	674	16	consists	consist	VERB
ftr-441	674	17	of	of	ADP
ftr-441	674	18	a	a	DET
ftr-441	674	19	liberalized	liberalize	VERB
ftr-441	674	20	version	version	NOUN
ftr-441	674	21	of	of	ADP
ftr-441	674	22	subchapter	subchapter	NOUN
ftr-441	674	23	s.	s.	PROPN
ftr-441	674	24	b.	b.	PROPN
ftr-441	674	25	eligibility	eligibility	PROPN
ftr-441	674	26	for	for	ADP
ftr-441	674	27	the	the	DET
ftr-441	674	28	simplified	simplified	ADJ
ftr-441	674	29	version	version	NOUN
ftr-441	674	30	:	:	PUNCT
ftr-441	674	31	theory	theory	NOUN
ftr-441	674	32	and	and	CCONJ
ftr-441	674	33	definition	definition	NOUN
ftr-441	674	34	over	over	ADP
ftr-441	674	35	40	40	NUM
ftr-441	674	36	years	year	NOUN
ftr-441	674	37	ago	ago	ADV
ftr-441	674	38	,	,	PUNCT
ftr-441	674	39	the	the	DET
ftr-441	674	40	reporters	reporter	NOUN
ftr-441	674	41	and	and	CCONJ
ftr-441	674	42	two	two	NUM
ftr-441	674	43	consultants	consultant	NOUN
ftr-441	674	44	to	to	ADP
ftr-441	674	45	the	the	DET
ftr-441	674	46	all	all	DET
ftr-441	674	47	project	project	NOUN
ftr-441	674	48	on	on	ADP
ftr-441	674	49	partnership	partnership	NOUN
ftr-441	674	50	tax	tax	NOUN
ftr-441	674	51	described	describe	VERB
ftr-441	674	52	the	the	DET
ftr-441	674	53	source	source	NOUN
ftr-441	674	54	of	of	ADP
ftr-441	674	55	the	the	DET
ftr-441	674	56	difficulty	difficulty	NOUN
ftr-441	674	57	in	in	ADP
ftr-441	674	58	subchapter	subchapter	NOUN
ftr-441	674	59	k	k	PROPN
ftr-441	674	60	in	in	ADP
ftr-441	674	61	the	the	DET
ftr-441	674	62	following	following	ADJ
ftr-441	674	63	way	way	NOUN
ftr-441	674	64	:	:	PUNCT
ftr-441	674	65	most	most	ADJ
ftr-441	674	66	of	of	ADP
ftr-441	674	67	the	the	DET
ftr-441	674	68	problems	problem	NOUN
ftr-441	674	69	encountered	encounter	VERB
ftr-441	674	70	in	in	ADP
ftr-441	674	71	the	the	DET
ftr-441	674	72	partnership	partnership	NOUN
ftr-441	674	73	area	area	NOUN
ftr-441	674	74	are	be	AUX
ftr-441	674	75	concerned	concern	VERB
ftr-441	674	76	with	with	ADP
ftr-441	674	77	the	the	DET
ftr-441	674	78	distribution	distribution	NOUN
ftr-441	674	79	of	of	ADP
ftr-441	674	80	the	the	DET
ftr-441	674	81	burden	burden	NOUN
ftr-441	674	82	of	of	ADP
ftr-441	674	83	taxation	taxation	NOUN
ftr-441	674	84	among	among	ADP
ftr-441	674	85	the	the	DET
ftr-441	674	86	members	member	NOUN
ftr-441	674	87	of	of	ADP
ftr-441	674	88	the	the	DET
ftr-441	674	89	group	group	NOUN
ftr-441	674	90	.	.	PUNCT
ftr-441	675	1	since	since	SCONJ
ftr-441	675	2	the	the	DET
ftr-441	675	3	treasury	treasury	NOUN
ftr-441	675	4	from	from	ADP
ftr-441	675	5	the	the	DET
ftr-441	675	6	standpoint	standpoint	NOUN
ftr-441	675	7	of	of	ADP
ftr-441	675	8	tax	tax	NOUN
ftr-441	675	9	policy	policy	NOUN
ftr-441	675	10	is	be	AUX
ftr-441	675	11	not	not	PART
ftr-441	675	12	greatly	greatly	ADV
ftr-441	675	13	concerned	concerned	ADJ
ftr-441	675	14	about	about	ADP
ftr-441	675	15	this	this	DET
ftr-441	675	16	allocation	allocation	NOUN
ftr-441	675	17	,	,	PUNCT
ftr-441	675	18	the	the	DET
ftr-441	675	19	issues	issue	NOUN
ftr-441	675	20	are	be	AUX
ftr-441	675	21	86	86	NUM
ftr-441	675	22	.	.	PUNCT
ftr-441	676	1	see	see	VERB
ftr-441	676	2	jerome	jerome	PROPN
ftr-441	676	3	kurtz	kurtz	PROPN
ftr-441	676	4	,	,	PUNCT
ftr-441	676	5	the	the	DET
ftr-441	676	6	limited	limited	ADJ
ftr-441	676	7	liability	liability	NOUN
ftr-441	676	8	company	company	NOUN
ftr-441	676	9	and	and	CCONJ
ftr-441	676	10	the	the	DET
ftr-441	676	11	future	future	NOUN
ftr-441	676	12	of	of	ADP
ftr-441	676	13	business	business	NOUN
ftr-441	676	14	taxation	taxation	NOUN
ftr-441	676	15	:	:	PUNCT
ftr-441	676	16	a	a	DET
ftr-441	676	17	comment	comment	NOUN
ftr-441	676	18	on	on	ADP
ftr-441	676	19	professor	professor	PROPN
ftr-441	676	20	berger	berger	PROPN
ftr-441	676	21	's	's	PART
ftr-441	676	22	plan	plan	NOUN
ftr-441	676	23	,	,	PUNCT
ftr-441	676	24	47	47	NUM
ftr-441	676	25	tax	tax	NOUN
ftr-441	676	26	l.	l.	PROPN
ftr-441	676	27	rev	rev	PROPN
ftr-441	676	28	.	.	PROPN
ftr-441	676	29	815	815	NUM
ftr-441	676	30	,	,	PUNCT
ftr-441	676	31	831	831	NUM
ftr-441	676	32	(	(	PUNCT
ftr-441	676	33	1992	1992	NUM
ftr-441	676	34	)	)	PUNCT
ftr-441	676	35	(	(	PUNCT
ftr-441	676	36	predicting	predict	VERB
ftr-441	676	37	demise	demise	NOUN
ftr-441	676	38	)	)	PUNCT
ftr-441	676	39	;	;	PUNCT
ftr-441	676	40	schler	schler	NOUN
ftr-441	676	41	,	,	PUNCT
ftr-441	676	42	supra	supra	PROPN
ftr-441	676	43	note	note	NOUN
ftr-441	676	44	84	84	NUM
ftr-441	676	45	,	,	PUNCT
ftr-441	676	46	at	at	ADP
ftr-441	676	47	1684	1684	NUM
ftr-441	676	48	-	-	SYM
ftr-441	676	49	85	85	NUM
ftr-441	676	50	(	(	PUNCT
ftr-441	676	51	urging	urge	VERB
ftr-441	676	52	repeal	repeal	NOUN
ftr-441	676	53	)	)	PUNCT
ftr-441	676	54	;	;	PUNCT
ftr-441	676	55	walter	walter	PROPN
ftr-441	676	56	d.	d.	PROPN
ftr-441	676	57	schwidetzky	schwidetzky	PROPN
ftr-441	676	58	,	,	PUNCT
ftr-441	676	59	is	be	AUX
ftr-441	676	60	it	it	PRON
ftr-441	676	61	time	time	NOUN
ftr-441	676	62	to	to	PART
ftr-441	676	63	give	give	VERB
ftr-441	676	64	the	the	DET
ftr-441	676	65	s	s	PART
ftr-441	676	66	corporation	corporation	NOUN
ftr-441	676	67	a	a	DET
ftr-441	676	68	proper	proper	ADJ
ftr-441	676	69	burial	burial	NOUN
ftr-441	676	70	?	?	PUNCT
ftr-441	676	71	,	,	PUNCT
ftr-441	676	72	15	15	NUM
ftr-441	676	73	va	va	NOUN
ftr-441	676	74	.	.	PUNCT
ftr-441	677	1	tax	tax	PROPN
ftr-441	677	2	rev	rev	PROPN
ftr-441	677	3	.	.	PROPN
ftr-441	677	4	591	591	NUM
ftr-441	677	5	,	,	PUNCT
ftr-441	677	6	593	593	NUM
ftr-441	677	7	(	(	PUNCT
ftr-441	677	8	1996	1996	NUM
ftr-441	677	9	)	)	PUNCT
ftr-441	677	10	(	(	PUNCT
ftr-441	677	11	same	same	ADJ
ftr-441	677	12	)	)	PUNCT
ftr-441	677	13	;	;	PUNCT
ftr-441	677	14	willard	willard	PROPN
ftr-441	677	15	b.	b.	PROPN
ftr-441	677	16	taylor	taylor	PROPN
ftr-441	677	17	,	,	PUNCT
ftr-441	677	18	beyond	beyond	ADP
ftr-441	677	19	check	check	NOUN
ftr-441	677	20	-	-	PUNCT
ftr-441	677	21	the	the	DET
ftr-441	677	22	-	-	PUNCT
ftr-441	677	23	box	box	NOUN
ftr-441	677	24	-	-	PUNCT
ftr-441	677	25	neglected	neglect	VERB
ftr-441	677	26	issues	issue	NOUN
ftr-441	677	27	,	,	PUNCT
ftr-441	677	28	75	75	NUM
ftr-441	677	29	taxes	taxis	NOUN
ftr-441	677	30	671	671	NUM
ftr-441	677	31	,	,	PUNCT
ftr-441	677	32	674	674	NUM
ftr-441	677	33	(	(	PUNCT
ftr-441	677	34	1997	1997	NUM
ftr-441	677	35	)	)	PUNCT
ftr-441	677	36	(	(	PUNCT
ftr-441	677	37	same	same	ADJ
ftr-441	677	38	)	)	PUNCT
ftr-441	677	39	;	;	PUNCT
ftr-441	677	40	compare	compare	NOUN
ftr-441	677	41	ginsburg	ginsburg	PROPN
ftr-441	677	42	,	,	PUNCT
ftr-441	677	43	supra	supra	PROPN
ftr-441	677	44	note	note	PROPN
ftr-441	677	45	85	85	NUM
ftr-441	677	46	,	,	PUNCT
ftr-441	677	47	at	at	ADP
ftr-441	677	48	665	665	NUM
ftr-441	677	49	n.3	n.3	NOUN
ftr-441	677	50	(	(	PUNCT
ftr-441	677	51	"	"	PUNCT
ftr-441	677	52	[	[	X
ftr-441	677	53	w]hile	w]hile	PROPN
ftr-441	677	54	in	in	ADP
ftr-441	677	55	the	the	DET
ftr-441	677	56	past	past	NOUN
ftr-441	677	57	some	some	PRON
ftr-441	677	58	have	have	AUX
ftr-441	677	59	suggested	suggest	VERB
ftr-441	677	60	replacing	replace	VERB
ftr-441	677	61	subchapter	subchapter	NOUN
ftr-441	677	62	s	s	NOUN
ftr-441	677	63	with	with	ADP
ftr-441	677	64	an	an	DET
ftr-441	677	65	extension	extension	NOUN
ftr-441	677	66	of	of	ADP
ftr-441	677	67	subchapter	subchapter	NOUN
ftr-441	677	68	k	k	PROPN
ftr-441	677	69	to	to	ADP
ftr-441	677	70	electing	elect	VERB
ftr-441	677	71	corporations	corporation	NOUN
ftr-441	677	72	,	,	PUNCT
ftr-441	677	73	a	a	DET
ftr-441	677	74	proposition	proposition	NOUN
ftr-441	677	75	that	that	PRON
ftr-441	677	76	commends	commend	VERB
ftr-441	677	77	itself	itself	PRON
ftr-441	677	78	mainly	mainly	ADV
ftr-441	677	79	to	to	ADP
ftr-441	677	80	those	those	PRON
ftr-441	677	81	who	who	PRON
ftr-441	677	82	find	find	VERB
ftr-441	677	83	the	the	DET
ftr-441	677	84	level	level	NOUN
ftr-441	677	85	of	of	ADP
ftr-441	677	86	complexity	complexity	NOUN
ftr-441	677	87	in	in	ADP
ftr-441	677	88	federal	federal	ADJ
ftr-441	677	89	tax	tax	NOUN
ftr-441	677	90	law	law	NOUN
ftr-441	677	91	much	much	ADV
ftr-441	677	92	too	too	ADV
ftr-441	677	93	low	low	ADJ
ftr-441	677	94	....	....	PUNCT
ftr-441	677	95	)	)	PUNCT
ftr-441	677	96	.	.	PUNCT
ftr-441	678	1	[	[	X
ftr-441	678	2	vol	vol	NOUN
ftr-441	678	3	4:3	4:3	NUM
ftr-441	678	4	9the	9the	DET
ftr-441	678	5	future	future	ADJ
ftr-441	678	6	taxation	taxation	NOUN
ftr-441	678	7	of	of	ADP
ftr-441	678	8	private	private	ADJ
ftr-441	678	9	business	business	NOUN
ftr-441	678	10	firms	firm	NOUN
ftr-441	678	11	essentially	essentially	ADV
ftr-441	678	12	not	not	PART
ftr-441	678	13	between	between	ADP
ftr-441	678	14	treasury	treasury	NOUN
ftr-441	678	15	and	and	CCONJ
ftr-441	678	16	taxpayer	taxpayer	NOUN
ftr-441	678	17	-	-	PUNCT
ftr-441	678	18	partner	partner	NOUN
ftr-441	678	19	but	but	CCONJ
ftr-441	678	20	between	between	ADP
ftr-441	678	21	partner	partner	NOUN
ftr-441	678	22	and	and	CCONJ
ftr-441	678	23	partner	partner	NOUN
ftr-441	678	24	.	.	PUNCT
ftr-441	678	25	"	"	PUNCT
ftr-441	679	1	the	the	DET
ftr-441	679	2	passage	passage	NOUN
ftr-441	679	3	of	of	ADP
ftr-441	679	4	time	time	NOUN
ftr-441	679	5	since	since	SCONJ
ftr-441	679	6	publication	publication	NOUN
ftr-441	679	7	of	of	ADP
ftr-441	679	8	that	that	DET
ftr-441	679	9	statement	statement	NOUN
ftr-441	679	10	has	have	AUX
ftr-441	679	11	revealed	reveal	VERB
ftr-441	679	12	that	that	SCONJ
ftr-441	679	13	the	the	DET
ftr-441	679	14	authors	author	NOUN
ftr-441	679	15	were	be	AUX
ftr-441	679	16	only	only	ADV
ftr-441	679	17	partly	partly	ADV
ftr-441	679	18	correct	correct	ADJ
ftr-441	679	19	.	.	PUNCT
ftr-441	680	1	certainly	certainly	ADV
ftr-441	680	2	,	,	PUNCT
ftr-441	680	3	one	one	NUM
ftr-441	680	4	of	of	ADP
ftr-441	680	5	the	the	DET
ftr-441	680	6	principal	principal	ADJ
ftr-441	680	7	difficulties	difficulty	NOUN
ftr-441	680	8	of	of	ADP
ftr-441	680	9	partnership	partnership	NOUN
ftr-441	680	10	tax	tax	NOUN
ftr-441	680	11	has	have	AUX
ftr-441	680	12	been	be	AUX
ftr-441	680	13	the	the	DET
ftr-441	680	14	distribution	distribution	NOUN
ftr-441	680	15	or	or	CCONJ
ftr-441	680	16	allocation	allocation	NOUN
ftr-441	680	17	of	of	ADP
ftr-441	680	18	the	the	DET
ftr-441	680	19	tax	tax	NOUN
ftr-441	680	20	burden	burden	NOUN
ftr-441	680	21	of	of	ADP
ftr-441	680	22	the	the	DET
ftr-441	680	23	business	business	NOUN
ftr-441	680	24	firm	firm	NOUN
ftr-441	680	25	among	among	ADP
ftr-441	680	26	the	the	DET
ftr-441	680	27	owners	owner	NOUN
ftr-441	680	28	of	of	ADP
ftr-441	680	29	the	the	DET
ftr-441	680	30	business	business	NOUN
ftr-441	680	31	.	.	PUNCT
ftr-441	681	1	but	but	CCONJ
ftr-441	681	2	in	in	ADP
ftr-441	681	3	contrast	contrast	NOUN
ftr-441	681	4	to	to	ADP
ftr-441	681	5	the	the	DET
ftr-441	681	6	second	second	ADJ
ftr-441	681	7	sentence	sentence	NOUN
ftr-441	681	8	of	of	ADP
ftr-441	681	9	the	the	DET
ftr-441	681	10	quoted	quote	VERB
ftr-441	681	11	statement	statement	NOUN
ftr-441	681	12	,	,	PUNCT
ftr-441	681	13	which	which	PRON
ftr-441	681	14	lay	lie	VERB
ftr-441	681	15	the	the	DET
ftr-441	681	16	groundwork	groundwork	NOUN
ftr-441	681	17	for	for	ADP
ftr-441	681	18	the	the	DET
ftr-441	681	19	authors	author	NOUN
ftr-441	681	20	'	'	PART
ftr-441	681	21	proposal	proposal	NOUN
ftr-441	681	22	of	of	ADP
ftr-441	681	23	what	what	PRON
ftr-441	681	24	is	be	AUX
ftr-441	681	25	now	now	ADV
ftr-441	681	26	section	section	NOUN
ftr-441	681	27	704(a	704(a	PROPN
ftr-441	681	28	)	)	PUNCT
ftr-441	681	29	,	,	PUNCT
ftr-441	681	30	it	it	PRON
ftr-441	681	31	would	would	AUX
ftr-441	681	32	appear	appear	VERB
ftr-441	681	33	that	that	SCONJ
ftr-441	681	34	the	the	DET
ftr-441	681	35	treasury	treasury	PROPN
ftr-441	681	36	department	department	NOUN
ftr-441	681	37	is	be	AUX
ftr-441	681	38	greatly	greatly	ADV
ftr-441	681	39	concerned	concerned	ADJ
ftr-441	681	40	with	with	ADP
ftr-441	681	41	the	the	DET
ftr-441	681	42	manner	manner	NOUN
ftr-441	681	43	of	of	ADP
ftr-441	681	44	allocation	allocation	NOUN
ftr-441	681	45	.	.	PUNCT
ftr-441	682	1	for	for	ADP
ftr-441	682	2	example	example	NOUN
ftr-441	682	3	,	,	PUNCT
ftr-441	682	4	the	the	DET
ftr-441	682	5	regulations	regulation	NOUN
ftr-441	682	6	under	under	ADP
ftr-441	682	7	section	section	NOUN
ftr-441	682	8	704	704	NUM
ftr-441	682	9	evidence	evidence	NOUN
ftr-441	682	10	treasury	treasury	NOUN
ftr-441	682	11	's	's	PART
ftr-441	682	12	concern	concern	NOUN
ftr-441	682	13	that	that	SCONJ
ftr-441	682	14	the	the	DET
ftr-441	682	15	flexibility	flexibility	NOUN
ftr-441	682	16	of	of	ADP
ftr-441	682	17	the	the	DET
ftr-441	682	18	subchapter	subchapter	NOUN
ftr-441	682	19	k	k	PROPN
ftr-441	682	20	rules	rule	NOUN
ftr-441	682	21	will	will	AUX
ftr-441	682	22	be	be	AUX
ftr-441	682	23	used	use	VERB
ftr-441	682	24	to	to	PART
ftr-441	682	25	shift	shift	VERB
ftr-441	682	26	tax	tax	NOUN
ftr-441	682	27	items	item	NOUN
ftr-441	682	28	from	from	ADP
ftr-441	682	29	one	one	NUM
ftr-441	682	30	owner	owner	NOUN
ftr-441	682	31	to	to	ADP
ftr-441	682	32	another	another	PRON
ftr-441	682	33	.	.	PUNCT
ftr-441	683	1	this	this	DET
ftr-441	683	2	concern	concern	NOUN
ftr-441	683	3	is	be	AUX
ftr-441	683	4	not	not	PART
ftr-441	683	5	limited	limit	VERB
ftr-441	683	6	to	to	ADP
ftr-441	683	7	the	the	DET
ftr-441	683	8	possibility	possibility	NOUN
ftr-441	683	9	that	that	SCONJ
ftr-441	683	10	income	income	NOUN
ftr-441	683	11	will	will	AUX
ftr-441	683	12	be	be	AUX
ftr-441	683	13	shifted	shift	VERB
ftr-441	683	14	from	from	ADP
ftr-441	683	15	high	high	ADV
ftr-441	683	16	-	-	PUNCT
ftr-441	683	17	taxed	tax	VERB
ftr-441	683	18	to	to	ADP
ftr-441	683	19	low	low	ADJ
ftr-441	683	20	-	-	PUNCT
ftr-441	683	21	taxed	tax	VERB
ftr-441	683	22	persons	person	NOUN
ftr-441	683	23	,	,	PUNCT
ftr-441	683	24	while	while	SCONJ
ftr-441	683	25	deductions	deduction	NOUN
ftr-441	683	26	flow	flow	VERB
ftr-441	683	27	from	from	ADP
ftr-441	683	28	the	the	DET
ftr-441	683	29	low	low	ADV
ftr-441	683	30	-	-	PUNCT
ftr-441	683	31	taxed	tax	VERB
ftr-441	683	32	to	to	ADP
ftr-441	683	33	the	the	DET
ftr-441	683	34	high	high	ADV
ftr-441	683	35	-	-	PUNCT
ftr-441	683	36	taxed	tax	VERB
ftr-441	683	37	.	.	PUNCT
ftr-441	684	1	also	also	ADV
ftr-441	684	2	included	include	VERB
ftr-441	684	3	are	be	AUX
ftr-441	684	4	possible	possible	ADJ
ftr-441	684	5	shifts	shift	NOUN
ftr-441	684	6	of	of	ADP
ftr-441	684	7	particular	particular	ADJ
ftr-441	684	8	categories	category	NOUN
ftr-441	684	9	of	of	ADP
ftr-441	684	10	income	income	NOUN
ftr-441	684	11	-	-	PUNCT
ftr-441	684	12	section	section	NOUN
ftr-441	684	13	1231	1231	NUM
ftr-441	684	14	gains	gain	NOUN
ftr-441	684	15	and	and	CCONJ
ftr-441	684	16	losses	loss	NOUN
ftr-441	684	17	,	,	PUNCT
ftr-441	684	18	foreign	foreign	ADJ
ftr-441	684	19	-	-	PUNCT
ftr-441	684	20	source	source	NOUN
ftr-441	684	21	income	income	NOUN
ftr-441	684	22	and	and	CCONJ
ftr-441	684	23	deductions	deduction	NOUN
ftr-441	684	24	,	,	PUNCT
ftr-441	684	25	capital	capital	NOUN
ftr-441	684	26	gains	gain	NOUN
ftr-441	684	27	and	and	CCONJ
ftr-441	684	28	losses	loss	NOUN
ftr-441	684	29	,	,	PUNCT
ftr-441	684	30	and	and	CCONJ
ftr-441	684	31	so	so	ADV
ftr-441	684	32	forth	forth	ADV
ftr-441	684	33	.	.	PUNCT
ftr-441	685	1	moreover	moreover	ADV
ftr-441	685	2	,	,	PUNCT
ftr-441	685	3	the	the	DET
ftr-441	685	4	shift	shift	NOUN
ftr-441	685	5	need	need	AUX
ftr-441	685	6	not	not	PART
ftr-441	685	7	necessarily	necessarily	ADV
ftr-441	685	8	be	be	AUX
ftr-441	685	9	within	within	ADP
ftr-441	685	10	a	a	DET
ftr-441	685	11	particular	particular	ADJ
ftr-441	685	12	time	time	NOUN
ftr-441	685	13	period	period	NOUN
ftr-441	685	14	.	.	PUNCT
ftr-441	686	1	the	the	DET
ftr-441	686	2	shifting	shifting	NOUN
ftr-441	686	3	of	of	ADP
ftr-441	686	4	income	income	NOUN
ftr-441	686	5	,	,	PUNCT
ftr-441	686	6	losses	loss	NOUN
ftr-441	686	7	,	,	PUNCT
ftr-441	686	8	and	and	CCONJ
ftr-441	686	9	other	other	ADJ
ftr-441	686	10	tax	tax	NOUN
ftr-441	686	11	items	item	NOUN
ftr-441	686	12	recognized	recognize	VERB
ftr-441	686	13	in	in	ADP
ftr-441	686	14	different	different	ADJ
ftr-441	686	15	time	time	NOUN
ftr-441	686	16	periods	period	NOUN
ftr-441	686	17	may	may	AUX
ftr-441	686	18	also	also	ADV
ftr-441	686	19	be	be	AUX
ftr-441	686	20	objectionable	objectionable	ADJ
ftr-441	686	21	.	.	PUNCT
ftr-441	686	22	'	'	PUNCT
ftr-441	687	1	this	this	DET
ftr-441	687	2	section	section	NOUN
ftr-441	687	3	attempts	attempt	VERB
ftr-441	687	4	to	to	PART
ftr-441	687	5	identify	identify	VERB
ftr-441	687	6	the	the	DET
ftr-441	687	7	characteristics	characteristic	NOUN
ftr-441	687	8	of	of	ADP
ftr-441	687	9	firms	firm	NOUN
ftr-441	687	10	for	for	ADP
ftr-441	687	11	which	which	PRON
ftr-441	687	12	the	the	DET
ftr-441	687	13	second	second	ADJ
ftr-441	687	14	sentence	sentence	NOUN
ftr-441	687	15	of	of	ADP
ftr-441	687	16	the	the	DET
ftr-441	687	17	ali	ali	PROPN
ftr-441	687	18	reporters	reporters	PROPN
ftr-441	687	19	'	'	PART
ftr-441	687	20	statement	statement	NOUN
ftr-441	687	21	would	would	AUX
ftr-441	687	22	also	also	ADV
ftr-441	687	23	be	be	AUX
ftr-441	687	24	true	true	ADJ
ftr-441	687	25	,	,	PUNCT
ftr-441	687	26	that	that	ADV
ftr-441	687	27	is	is	ADV
ftr-441	687	28	,	,	PUNCT
ftr-441	687	29	firms	firm	NOUN
ftr-441	687	30	whose	whose	DET
ftr-441	687	31	tax	tax	NOUN
ftr-441	687	32	issues	issue	NOUN
ftr-441	687	33	would	would	AUX
ftr-441	687	34	be	be	AUX
ftr-441	687	35	essentially	essentially	ADV
ftr-441	687	36	between	between	ADP
ftr-441	687	37	owner	owner	NOUN
ftr-441	687	38	and	and	CCONJ
ftr-441	687	39	owner	owner	NOUN
ftr-441	687	40	rather	rather	ADV
ftr-441	687	41	than	than	ADP
ftr-441	687	42	between	between	ADP
ftr-441	687	43	the	the	DET
ftr-441	687	44	treasury	treasury	NOUN
ftr-441	687	45	and	and	CCONJ
ftr-441	687	46	the	the	DET
ftr-441	687	47	taxpayer	taxpayer	NOUN
ftr-441	687	48	.	.	PUNCT
ftr-441	688	1	if	if	SCONJ
ftr-441	688	2	the	the	DET
ftr-441	688	3	characteristics	characteristic	NOUN
ftr-441	688	4	of	of	ADP
ftr-441	688	5	such	such	ADJ
ftr-441	688	6	firms	firm	NOUN
ftr-441	688	7	(	(	PUNCT
ftr-441	688	8	termed	term	VERB
ftr-441	688	9	"	"	PUNCT
ftr-441	688	10	spbfs	spbfs	NOUN
ftr-441	688	11	"	"	PUNCT
ftr-441	688	12	)	)	PUNCT
ftr-441	688	13	offer	offer	VERB
ftr-441	688	14	only	only	ADV
ftr-441	688	15	limited	limited	ADJ
ftr-441	688	16	potential	potential	NOUN
ftr-441	688	17	for	for	ADP
ftr-441	688	18	the	the	DET
ftr-441	688	19	type	type	NOUN
ftr-441	688	20	of	of	ADP
ftr-441	688	21	tax	tax	NOUN
ftr-441	688	22	advantages	advantage	NOUN
ftr-441	688	23	that	that	PRON
ftr-441	688	24	the	the	DET
ftr-441	688	25	treasury	treasury	NOUN
ftr-441	688	26	is	be	AUX
ftr-441	688	27	worried	worried	ADJ
ftr-441	688	28	about	about	ADP
ftr-441	688	29	,	,	PUNCT
ftr-441	688	30	then	then	ADV
ftr-441	688	31	the	the	DET
ftr-441	688	32	firm	firm	NOUN
ftr-441	688	33	can	can	AUX
ftr-441	688	34	be	be	AUX
ftr-441	688	35	provided	provide	VERB
ftr-441	688	36	with	with	ADP
ftr-441	688	37	an	an	DET
ftr-441	688	38	operating	operate	VERB
ftr-441	688	39	rule	rule	NOUN
ftr-441	688	40	structure	structure	NOUN
ftr-441	688	41	consisting	consist	VERB
ftr-441	688	42	of	of	ADP
ftr-441	688	43	a	a	DET
ftr-441	688	44	stripped	strip	VERB
ftr-441	688	45	-	-	PUNCT
ftr-441	688	46	down	down	ADP
ftr-441	688	47	version	version	NOUN
ftr-441	688	48	of	of	ADP
ftr-441	688	49	subchapter	subchapter	NOUN
ftr-441	688	50	k	k	PROPN
ftr-441	688	51	,	,	PUNCT
ftr-441	688	52	one	one	NOUN
ftr-441	688	53	that	that	PRON
ftr-441	688	54	eliminates	eliminate	VERB
ftr-441	688	55	many	many	ADJ
ftr-441	688	56	of	of	ADP
ftr-441	688	57	the	the	DET
ftr-441	688	58	administrative	administrative	ADJ
ftr-441	688	59	and	and	CCONJ
ftr-441	688	60	compliance	compliance	NOUN
ftr-441	688	61	requirements	requirement	NOUN
ftr-441	688	62	of	of	ADP
ftr-441	688	63	those	those	DET
ftr-441	688	64	provisions	provision	NOUN
ftr-441	688	65	.	.	PUNCT
ftr-441	689	1	to	to	PART
ftr-441	689	2	be	be	AUX
ftr-441	689	3	sure	sure	ADJ
ftr-441	689	4	,	,	PUNCT
ftr-441	689	5	the	the	DET
ftr-441	689	6	eligibility	eligibility	NOUN
ftr-441	689	7	conditions	condition	NOUN
ftr-441	689	8	of	of	ADP
ftr-441	689	9	an	an	DET
ftr-441	689	10	spbf	spbf	NOUN
ftr-441	689	11	can	can	AUX
ftr-441	689	12	not	not	PART
ftr-441	689	13	be	be	AUX
ftr-441	689	14	so	so	ADV
ftr-441	689	15	precise	precise	ADJ
ftr-441	689	16	as	as	SCONJ
ftr-441	689	17	to	to	PART
ftr-441	689	18	preclude	preclude	VERB
ftr-441	689	19	every	every	DET
ftr-441	689	20	possible	possible	ADJ
ftr-441	689	21	instance	instance	NOUN
ftr-441	689	22	of	of	ADP
ftr-441	689	23	the	the	DET
ftr-441	689	24	firm	firm	NOUN
ftr-441	689	25	being	be	AUX
ftr-441	689	26	used	use	VERB
ftr-441	689	27	to	to	PART
ftr-441	689	28	achieve	achieve	VERB
ftr-441	689	29	an	an	DET
ftr-441	689	30	advantageous	advantageous	ADJ
ftr-441	689	31	tax	tax	NOUN
ftr-441	689	32	result	result	NOUN
ftr-441	689	33	.	.	PUNCT
ftr-441	690	1	nevertheless	nevertheless	ADV
ftr-441	690	2	,	,	PUNCT
ftr-441	690	3	the	the	DET
ftr-441	690	4	objective	objective	NOUN
ftr-441	690	5	of	of	ADP
ftr-441	690	6	the	the	DET
ftr-441	690	7	spbf	spbf	ADJ
ftr-441	690	8	proposals	proposal	NOUN
ftr-441	690	9	is	be	AUX
ftr-441	690	10	to	to	PART
ftr-441	690	11	balance	balance	VERB
ftr-441	690	12	a	a	DET
ftr-441	690	13	concern	concern	NOUN
ftr-441	690	14	of	of	ADP
ftr-441	690	15	protecting	protect	VERB
ftr-441	690	16	the	the	DET
ftr-441	690	17	fisc	fisc	NOUN
ftr-441	690	18	with	with	ADP
ftr-441	690	19	a	a	DET
ftr-441	690	20	desire	desire	NOUN
ftr-441	690	21	to	to	PART
ftr-441	690	22	provide	provide	VERB
ftr-441	690	23	an	an	DET
ftr-441	690	24	administrable	administrable	ADJ
ftr-441	690	25	set	set	NOUN
ftr-441	690	26	of	of	ADP
ftr-441	690	27	tax	tax	NOUN
ftr-441	690	28	operating	operating	NOUN
ftr-441	690	29	rules	rule	NOUN
ftr-441	690	30	for	for	ADP
ftr-441	690	31	as	as	ADV
ftr-441	690	32	many	many	ADJ
ftr-441	690	33	firms	firm	NOUN
ftr-441	690	34	as	as	ADP
ftr-441	690	35	possible	possible	ADJ
ftr-441	690	36	.	.	PUNCT
ftr-441	691	1	the	the	DET
ftr-441	691	2	spbf	spbf	ADJ
ftr-441	691	3	definition	definition	NOUN
ftr-441	691	4	contains	contain	VERB
ftr-441	691	5	two	two	NUM
ftr-441	691	6	basic	basic	ADJ
ftr-441	691	7	eligibility	eligibility	NOUN
ftr-441	691	8	conditions	condition	NOUN
ftr-441	691	9	similar	similar	ADJ
ftr-441	691	10	to	to	ADP
ftr-441	691	11	those	those	PRON
ftr-441	691	12	used	use	VERB
ftr-441	691	13	in	in	ADP
ftr-441	691	14	defining	define	VERB
ftr-441	691	15	an	an	DET
ftr-441	691	16	s	s	NOUN
ftr-441	691	17	corporation	corporation	NOUN
ftr-441	691	18	.	.	PUNCT
ftr-441	692	1	first	first	ADV
ftr-441	692	2	,	,	PUNCT
ftr-441	692	3	the	the	DET
ftr-441	692	4	owners	owner	NOUN
ftr-441	692	5	of	of	ADP
ftr-441	692	6	an	an	DET
ftr-441	692	7	spbf	spbf	NOUN
ftr-441	692	8	must	must	AUX
ftr-441	692	9	generally	generally	ADV
ftr-441	692	10	all	all	PRON
ftr-441	692	11	be	be	AUX
ftr-441	692	12	individuals	individual	NOUN
ftr-441	692	13	.	.	PUNCT
ftr-441	693	1	in	in	ADP
ftr-441	693	2	addition	addition	NOUN
ftr-441	693	3	,	,	PUNCT
ftr-441	693	4	an	an	DET
ftr-441	693	5	spbf	spbf	NOUN
ftr-441	693	6	may	may	AUX
ftr-441	693	7	have	have	VERB
ftr-441	693	8	only	only	ADV
ftr-441	693	9	one	one	NUM
ftr-441	693	10	class	class	NOUN
ftr-441	693	11	87	87	NUM
ftr-441	693	12	.	.	PUNCT
ftr-441	694	1	j.	j.	PROPN
ftr-441	694	2	paul	paul	PROPN
ftr-441	694	3	jackson	jackson	PROPN
ftr-441	694	4	,	,	PUNCT
ftr-441	694	5	mark	mark	PROPN
ftr-441	694	6	h.	h.	PROPN
ftr-441	694	7	johnson	johnson	PROPN
ftr-441	694	8	,	,	PUNCT
ftr-441	694	9	stanley	stanley	PROPN
ftr-441	694	10	s.	s.	PROPN
ftr-441	694	11	surrey	surrey	PROPN
ftr-441	694	12	&	&	CCONJ
ftr-441	694	13	william	william	PROPN
ftr-441	694	14	c.	c.	PROPN
ftr-441	694	15	warren	warren	PROPN
ftr-441	694	16	.	.	PUNCT
ftr-441	695	1	a	a	DET
ftr-441	695	2	proposed	propose	VERB
ftr-441	695	3	revision	revision	NOUN
ftr-441	695	4	of	of	ADP
ftr-441	695	5	the	the	DET
ftr-441	695	6	federal	federal	ADJ
ftr-441	695	7	income	income	NOUN
ftr-441	695	8	tax	tax	NOUN
ftr-441	695	9	treatment	treatment	NOUN
ftr-441	695	10	of	of	ADP
ftr-441	695	11	partnerships	partnership	NOUN
ftr-441	695	12	and	and	CCONJ
ftr-441	695	13	partners	partner	NOUN
ftr-441	695	14	-	-	PUNCT
ftr-441	695	15	american	american	PROPN
ftr-441	695	16	law	law	PROPN
ftr-441	695	17	institute	institute	PROPN
ftr-441	695	18	draft	draft	PROPN
ftr-441	695	19	,	,	PUNCT
ftr-441	695	20	9	9	NUM
ftr-441	695	21	tax	tax	NOUN
ftr-441	695	22	l.	l.	PROPN
ftr-441	695	23	rev	rev	PROPN
ftr-441	695	24	.	.	PROPN
ftr-441	695	25	109	109	NUM
ftr-441	695	26	,	,	PUNCT
ftr-441	695	27	112	112	NUM
ftr-441	695	28	(	(	PUNCT
ftr-441	695	29	1954	1954	NUM
ftr-441	695	30	)	)	PUNCT
ftr-441	695	31	.	.	PUNCT
ftr-441	696	1	88	88	NUM
ftr-441	696	2	.	.	PUNCT
ftr-441	696	3	cf	cf	NOUN
ftr-441	696	4	.	.	PUNCT
ftr-441	696	5	acm	acm	PROPN
ftr-441	696	6	partnership	partnership	PROPN
ftr-441	696	7	v.	v.	PROPN
ftr-441	696	8	commissioner	commissioner	PROPN
ftr-441	696	9	,	,	PUNCT
ftr-441	696	10	73	73	NUM
ftr-441	696	11	t.c.m	t.c.m	NOUN
ftr-441	696	12	.	.	PUNCT
ftr-441	697	1	2189	2189	NUM
ftr-441	697	2	(	(	PUNCT
ftr-441	697	3	1997	1997	NUM
ftr-441	697	4	)	)	PUNCT
ftr-441	697	5	;	;	PUNCT
ftr-441	697	6	regs	reg	NOUN
ftr-441	697	7	.	.	PUNCT
ftr-441	698	1	§	§	PROPN
ftr-441	698	2	§	§	PROPN
ftr-441	698	3	1.7012(d	1.7012(d	NUM
ftr-441	698	4	)	)	PUNCT
ftr-441	698	5	,	,	PUNCT
ftr-441	698	6	ex	ex	X
ftr-441	698	7	.	.	PUNCT
ftr-441	698	8	(	(	PUNCT
ftr-441	698	9	7	7	NUM
ftr-441	698	10	)	)	PUNCT
ftr-441	698	11	,	,	PUNCT
ftr-441	698	12	1.704	1.704	NUM
ftr-441	698	13	-	-	SYM
ftr-441	698	14	1(b)(2)(iii)(c	1(b)(2)(iii)(c	NUM
ftr-441	698	15	)	)	PUNCT
ftr-441	698	16	(	(	PUNCT
ftr-441	698	17	transitory	transitory	ADJ
ftr-441	698	18	allocations	allocation	NOUN
ftr-441	698	19	invalid	invalid	ADJ
ftr-441	698	20	)	)	PUNCT
ftr-441	698	21	.	.	PUNCT
ftr-441	699	1	1999	1999	NUM
ftr-441	699	2	]	]	PUNCT
ftr-441	699	3	florida	florida	PROPN
ftr-441	699	4	tax	tax	PROPN
ftr-441	699	5	review	review	NOUN
ftr-441	699	6	of	of	ADP
ftr-441	699	7	residual	residual	ADJ
ftr-441	699	8	ownership	ownership	NOUN
ftr-441	699	9	interests	interest	NOUN
ftr-441	699	10	.	.	PUNCT
ftr-441	700	1	the	the	DET
ftr-441	700	2	terms	term	NOUN
ftr-441	700	3	and	and	CCONJ
ftr-441	700	4	rationale	rationale	NOUN
ftr-441	700	5	for	for	ADP
ftr-441	700	6	these	these	DET
ftr-441	700	7	conditions	condition	NOUN
ftr-441	700	8	are	be	AUX
ftr-441	700	9	discussed	discuss	VERB
ftr-441	700	10	in	in	ADP
ftr-441	700	11	further	further	ADJ
ftr-441	700	12	detail	detail	NOUN
ftr-441	700	13	below	below	ADV
ftr-441	700	14	.	.	PUNCT
ftr-441	701	1	a	a	DET
ftr-441	701	2	final	final	ADJ
ftr-441	701	3	section	section	NOUN
ftr-441	701	4	explains	explain	VERB
ftr-441	701	5	why	why	SCONJ
ftr-441	701	6	other	other	ADJ
ftr-441	701	7	conditions	condition	NOUN
ftr-441	701	8	are	be	AUX
ftr-441	701	9	not	not	PART
ftr-441	701	10	proposed	propose	VERB
ftr-441	701	11	.	.	PUNCT
ftr-441	702	1	1	1	X
ftr-441	702	2	.	.	X
ftr-441	702	3	ownership	ownership	NOUN
ftr-441	702	4	limitations.-as	limitations.-as	ADV
ftr-441	702	5	noted	note	VERB
ftr-441	702	6	,	,	PUNCT
ftr-441	702	7	one	one	NUM
ftr-441	702	8	of	of	ADP
ftr-441	702	9	the	the	DET
ftr-441	702	10	principal	principal	ADJ
ftr-441	702	11	reasons	reason	NOUN
ftr-441	702	12	for	for	ADP
ftr-441	702	13	the	the	DET
ftr-441	702	14	tremendous	tremendous	ADJ
ftr-441	702	15	complexity	complexity	NOUN
ftr-441	702	16	in	in	ADP
ftr-441	702	17	subchapter	subchapter	NOUN
ftr-441	702	18	k	k	PROPN
ftr-441	702	19	is	be	AUX
ftr-441	702	20	the	the	DET
ftr-441	702	21	desire	desire	NOUN
ftr-441	702	22	to	to	PART
ftr-441	702	23	prevent	prevent	VERB
ftr-441	702	24	the	the	DET
ftr-441	702	25	shifting	shifting	NOUN
ftr-441	702	26	of	of	ADP
ftr-441	702	27	tax	tax	NOUN
ftr-441	702	28	items	item	NOUN
ftr-441	702	29	from	from	ADP
ftr-441	702	30	one	one	NUM
ftr-441	702	31	owner	owner	NOUN
ftr-441	702	32	to	to	ADP
ftr-441	702	33	another	another	PRON
ftr-441	702	34	.	.	PUNCT
ftr-441	703	1	shifting	shift	VERB
ftr-441	703	2	strategies	strategy	NOUN
ftr-441	703	3	,	,	PUNCT
ftr-441	703	4	however	however	ADV
ftr-441	703	5	,	,	PUNCT
ftr-441	703	6	are	be	AUX
ftr-441	703	7	only	only	ADV
ftr-441	703	8	advantageous	advantageous	ADJ
ftr-441	703	9	if	if	SCONJ
ftr-441	703	10	the	the	DET
ftr-441	703	11	parties	party	NOUN
ftr-441	703	12	participating	participate	VERB
ftr-441	703	13	in	in	ADP
ftr-441	703	14	the	the	DET
ftr-441	703	15	shift	shift	NOUN
ftr-441	703	16	are	be	AUX
ftr-441	703	17	in	in	ADP
ftr-441	703	18	different	different	ADJ
ftr-441	703	19	tax	tax	NOUN
ftr-441	703	20	situations	situation	NOUN
ftr-441	703	21	.	.	PUNCT
ftr-441	704	1	thus	thus	ADV
ftr-441	704	2	,	,	PUNCT
ftr-441	704	3	if	if	SCONJ
ftr-441	704	4	all	all	DET
ftr-441	704	5	owners	owner	NOUN
ftr-441	704	6	of	of	ADP
ftr-441	704	7	a	a	DET
ftr-441	704	8	private	private	ADJ
ftr-441	704	9	business	business	NOUN
ftr-441	704	10	firm	firm	NOUN
ftr-441	704	11	have	have	VERB
ftr-441	704	12	and	and	CCONJ
ftr-441	704	13	continue	continue	VERB
ftr-441	704	14	to	to	PART
ftr-441	704	15	have	have	VERB
ftr-441	704	16	exactly	exactly	ADV
ftr-441	704	17	the	the	DET
ftr-441	704	18	same	same	ADJ
ftr-441	704	19	tax	tax	NOUN
ftr-441	704	20	profile	profile	NOUN
ftr-441	704	21	,	,	PUNCT
ftr-441	704	22	many	many	ADJ
ftr-441	704	23	of	of	ADP
ftr-441	704	24	the	the	DET
ftr-441	704	25	protective	protective	ADJ
ftr-441	704	26	rules	rule	NOUN
ftr-441	704	27	of	of	ADP
ftr-441	704	28	subchapter	subchapter	NOUN
ftr-441	704	29	k	k	PROPN
ftr-441	704	30	could	could	AUX
ftr-441	704	31	be	be	AUX
ftr-441	704	32	eliminated	eliminate	VERB
ftr-441	704	33	.	.	PUNCT
ftr-441	705	1	as	as	ADP
ftr-441	705	2	a	a	DET
ftr-441	705	3	practical	practical	ADJ
ftr-441	705	4	matter	matter	NOUN
ftr-441	705	5	,	,	PUNCT
ftr-441	705	6	of	of	ADP
ftr-441	705	7	course	course	NOUN
ftr-441	705	8	there	there	PRON
ftr-441	705	9	are	be	VERB
ftr-441	705	10	far	far	ADV
ftr-441	705	11	too	too	ADV
ftr-441	705	12	many	many	ADJ
ftr-441	705	13	potential	potential	ADJ
ftr-441	705	14	tax	tax	NOUN
ftr-441	705	15	differences	difference	NOUN
ftr-441	705	16	among	among	ADP
ftr-441	705	17	taxpayers	taxpayer	NOUN
ftr-441	705	18	to	to	PART
ftr-441	705	19	ever	ever	ADV
ftr-441	705	20	insure	insure	VERB
ftr-441	705	21	,	,	PUNCT
ftr-441	705	22	other	other	ADJ
ftr-441	705	23	than	than	ADP
ftr-441	705	24	on	on	ADP
ftr-441	705	25	a	a	DET
ftr-441	705	26	case	case	NOUN
ftr-441	705	27	-	-	PUNCT
ftr-441	705	28	by	by	ADP
ftr-441	705	29	-	-	PUNCT
ftr-441	705	30	case	case	NOUN
ftr-441	705	31	basis	basis	NOUN
ftr-441	705	32	,	,	PUNCT
ftr-441	705	33	absolutely	absolutely	ADV
ftr-441	705	34	identical	identical	ADJ
ftr-441	705	35	tax	tax	NOUN
ftr-441	705	36	profiles	profile	NOUN
ftr-441	705	37	among	among	ADP
ftr-441	705	38	the	the	DET
ftr-441	705	39	owners	owner	NOUN
ftr-441	705	40	of	of	ADP
ftr-441	705	41	a	a	DET
ftr-441	705	42	private	private	ADJ
ftr-441	705	43	business	business	NOUN
ftr-441	705	44	firm	firm	NOUN
ftr-441	705	45	.	.	PUNCT
ftr-441	706	1	but	but	CCONJ
ftr-441	706	2	if	if	SCONJ
ftr-441	706	3	,	,	PUNCT
ftr-441	706	4	for	for	ADP
ftr-441	706	5	example	example	NOUN
ftr-441	706	6	,	,	PUNCT
ftr-441	706	7	all	all	DET
ftr-441	706	8	owners	owner	NOUN
ftr-441	706	9	of	of	ADP
ftr-441	706	10	a	a	DET
ftr-441	706	11	subset	subset	NOUN
ftr-441	706	12	of	of	ADP
ftr-441	706	13	firms	firm	NOUN
ftr-441	706	14	were	be	AUX
ftr-441	706	15	in	in	ADP
ftr-441	706	16	at	at	ADP
ftr-441	706	17	least	least	ADJ
ftr-441	706	18	the	the	DET
ftr-441	706	19	28	28	NUM
ftr-441	706	20	%	%	NOUN
ftr-441	706	21	marginal	marginal	ADJ
ftr-441	706	22	income	income	NOUN
ftr-441	706	23	tax	tax	NOUN
ftr-441	706	24	bracket	bracket	NOUN
ftr-441	706	25	,	,	PUNCT
ftr-441	706	26	it	it	PRON
ftr-441	706	27	might	might	AUX
ftr-441	706	28	be	be	AUX
ftr-441	706	29	unlikely	unlikely	ADJ
ftr-441	706	30	that	that	SCONJ
ftr-441	706	31	such	such	ADJ
ftr-441	706	32	firms	firm	NOUN
ftr-441	706	33	would	would	AUX
ftr-441	706	34	be	be	AUX
ftr-441	706	35	utilized	utilize	VERB
ftr-441	706	36	on	on	ADP
ftr-441	706	37	a	a	DET
ftr-441	706	38	widespread	widespread	ADJ
ftr-441	706	39	basis	basis	NOUN
ftr-441	706	40	to	to	PART
ftr-441	706	41	gain	gain	VERB
ftr-441	706	42	the	the	DET
ftr-441	706	43	potential	potential	ADJ
ftr-441	706	44	tax	tax	NOUN
ftr-441	706	45	advantages	advantage	NOUN
ftr-441	706	46	from	from	ADP
ftr-441	706	47	certain	certain	ADJ
ftr-441	706	48	shifting	shift	VERB
ftr-441	706	49	strategies	strategy	NOUN
ftr-441	706	50	.	.	PUNCT
ftr-441	707	1	s9	s9	VERB
ftr-441	707	2	an	an	DET
ftr-441	707	3	important	important	ADJ
ftr-441	707	4	goal	goal	NOUN
ftr-441	707	5	of	of	ADP
ftr-441	707	6	the	the	DET
ftr-441	707	7	ownership	ownership	NOUN
ftr-441	707	8	limitations	limitation	NOUN
ftr-441	707	9	described	describe	VERB
ftr-441	707	10	in	in	ADP
ftr-441	707	11	the	the	DET
ftr-441	707	12	next	next	ADJ
ftr-441	707	13	sections	section	NOUN
ftr-441	707	14	is	be	AUX
ftr-441	707	15	to	to	PART
ftr-441	707	16	try	try	VERB
ftr-441	707	17	to	to	PART
ftr-441	707	18	insure	insure	VERB
ftr-441	707	19	that	that	SCONJ
ftr-441	707	20	owners	owner	NOUN
ftr-441	707	21	of	of	ADP
ftr-441	707	22	an	an	DET
ftr-441	707	23	spbf	spbf	NOUN
ftr-441	707	24	will	will	AUX
ftr-441	707	25	have	have	VERB
ftr-441	707	26	more	more	ADJ
ftr-441	707	27	-	-	PUNCT
ftr-441	707	28	or	or	CCONJ
ftr-441	707	29	-	-	PUNCT
ftr-441	707	30	less	less	ADJ
ftr-441	707	31	the	the	DET
ftr-441	707	32	same	same	ADJ
ftr-441	707	33	general	general	ADJ
ftr-441	707	34	tax	tax	NOUN
ftr-441	707	35	profile	profile	NOUN
ftr-441	707	36	.	.	PUNCT
ftr-441	708	1	a.	a.	NOUN
ftr-441	708	2	individuals	individual	NOUN
ftr-441	708	3	as	as	ADP
ftr-441	708	4	owners.-the	owners.-the	DET
ftr-441	708	5	following	follow	VERB
ftr-441	708	6	table	table	NOUN
ftr-441	708	7	1	1	NUM
ftr-441	708	8	breaks	break	NOUN
ftr-441	708	9	down	down	ADP
ftr-441	708	10	by	by	ADP
ftr-441	708	11	agi	agi	NOUN
ftr-441	708	12	class	class	NOUN
ftr-441	708	13	the	the	DET
ftr-441	708	14	number	number	NOUN
ftr-441	708	15	of	of	ADP
ftr-441	708	16	individual	individual	ADJ
ftr-441	708	17	income	income	NOUN
ftr-441	708	18	tax	tax	NOUN
ftr-441	708	19	returns	return	NOUN
ftr-441	708	20	on	on	ADP
ftr-441	708	21	which	which	PRON
ftr-441	708	22	either	either	CCONJ
ftr-441	708	23	partnership	partnership	NOUN
ftr-441	708	24	or	or	CCONJ
ftr-441	708	25	subchapter	subchapter	NOUN
ftr-441	708	26	s	s	PART
ftr-441	708	27	income	income	NOUN
ftr-441	708	28	or	or	CCONJ
ftr-441	708	29	loss	loss	NOUN
ftr-441	708	30	was	be	AUX
ftr-441	708	31	reported	report	VERB
ftr-441	708	32	in	in	ADP
ftr-441	708	33	1994	1994	NUM
ftr-441	708	34	,	,	PUNCT
ftr-441	708	35	the	the	DET
ftr-441	708	36	latest	late	ADJ
ftr-441	708	37	year	year	NOUN
ftr-441	708	38	for	for	ADP
ftr-441	708	39	which	which	PRON
ftr-441	708	40	such	such	ADJ
ftr-441	708	41	data	datum	NOUN
ftr-441	708	42	is	be	AUX
ftr-441	708	43	available	available	ADJ
ftr-441	708	44	.	.	PUNCT
ftr-441	709	1	an	an	DET
ftr-441	709	2	examination	examination	NOUN
ftr-441	709	3	of	of	ADP
ftr-441	709	4	the	the	DET
ftr-441	709	5	tax	tax	NOUN
ftr-441	709	6	profile	profile	NOUN
ftr-441	709	7	of	of	ADP
ftr-441	709	8	individuals	individual	NOUN
ftr-441	709	9	who	who	PRON
ftr-441	709	10	have	have	AUX
ftr-441	709	11	invested	invest	VERB
ftr-441	709	12	in	in	ADP
ftr-441	709	13	partnerships	partnership	NOUN
ftr-441	709	14	and	and	CCONJ
ftr-441	709	15	s	s	NOUN
ftr-441	709	16	corporations	corporation	NOUN
ftr-441	709	17	in	in	ADP
ftr-441	709	18	the	the	DET
ftr-441	709	19	recent	recent	ADJ
ftr-441	709	20	past	past	NOUN
ftr-441	709	21	offers	offer	VERB
ftr-441	709	22	some	some	DET
ftr-441	709	23	insight	insight	NOUN
ftr-441	709	24	into	into	ADP
ftr-441	709	25	the	the	DET
ftr-441	709	26	likely	likely	ADJ
ftr-441	709	27	profile	profile	NOUN
ftr-441	709	28	of	of	ADP
ftr-441	709	29	the	the	DET
ftr-441	709	30	individuals	individual	NOUN
ftr-441	709	31	who	who	PRON
ftr-441	709	32	will	will	AUX
ftr-441	709	33	be	be	AUX
ftr-441	709	34	future	future	ADJ
ftr-441	709	35	spbf	spbf	ADJ
ftr-441	709	36	owners	owner	NOUN
ftr-441	709	37	.	.	PUNCT
ftr-441	710	1	89	89	NUM
ftr-441	710	2	.	.	PUNCT
ftr-441	711	1	one	one	PRON
ftr-441	711	2	might	might	AUX
ftr-441	711	3	expect	expect	VERB
ftr-441	711	4	that	that	SCONJ
ftr-441	711	5	the	the	DET
ftr-441	711	6	transaction	transaction	NOUN
ftr-441	711	7	costs	cost	NOUN
ftr-441	711	8	of	of	ADP
ftr-441	711	9	shifting	shift	VERB
ftr-441	711	10	would	would	AUX
ftr-441	711	11	make	make	VERB
ftr-441	711	12	it	it	PRON
ftr-441	711	13	uneconomic	uneconomic	ADJ
ftr-441	711	14	if	if	SCONJ
ftr-441	711	15	the	the	DET
ftr-441	711	16	shifting	shifting	NOUN
ftr-441	711	17	of	of	ADP
ftr-441	711	18	income	income	NOUN
ftr-441	711	19	and	and	CCONJ
ftr-441	711	20	losses	loss	NOUN
ftr-441	711	21	or	or	CCONJ
ftr-441	711	22	deductions	deduction	NOUN
ftr-441	711	23	occurred	occur	VERB
ftr-441	711	24	between	between	ADP
ftr-441	711	25	taxpayers	taxpayer	NOUN
ftr-441	711	26	in	in	ADP
ftr-441	711	27	the	the	DET
ftr-441	711	28	28	28	NUM
ftr-441	711	29	%	%	NOUN
ftr-441	711	30	bracket	bracket	NOUN
ftr-441	711	31	and	and	CCONJ
ftr-441	711	32	those	those	PRON
ftr-441	711	33	in	in	ADP
ftr-441	711	34	the	the	DET
ftr-441	711	35	36	36	NUM
ftr-441	711	36	%	%	NOUN
ftr-441	711	37	or	or	CCONJ
ftr-441	711	38	39.6	39.6	NUM
ftr-441	711	39	%	%	NOUN
ftr-441	711	40	bracket	bracket	NOUN
ftr-441	711	41	.	.	PUNCT
ftr-441	712	1	this	this	DET
ftr-441	712	2	broad	broad	ADJ
ftr-441	712	3	generalization	generalization	NOUN
ftr-441	712	4	ignores	ignore	VERB
ftr-441	712	5	the	the	DET
ftr-441	712	6	potential	potential	ADJ
ftr-441	712	7	advantage	advantage	NOUN
ftr-441	712	8	of	of	ADP
ftr-441	712	9	shifting	shift	VERB
ftr-441	712	10	particular	particular	ADJ
ftr-441	712	11	tax	tax	NOUN
ftr-441	712	12	items	item	NOUN
ftr-441	712	13	,	,	PUNCT
ftr-441	712	14	such	such	ADJ
ftr-441	712	15	as	as	ADP
ftr-441	712	16	§	§	PROPN
ftr-441	712	17	1231	1231	NUM
ftr-441	712	18	gains	gain	NOUN
ftr-441	712	19	and	and	CCONJ
ftr-441	712	20	losses	loss	NOUN
ftr-441	712	21	,	,	PUNCT
ftr-441	712	22	capital	capital	NOUN
ftr-441	712	23	gains	gain	NOUN
ftr-441	712	24	and	and	CCONJ
ftr-441	712	25	losses	loss	NOUN
ftr-441	712	26	,	,	PUNCT
ftr-441	712	27	and	and	CCONJ
ftr-441	712	28	passive	passive	ADJ
ftr-441	712	29	income	income	NOUN
ftr-441	712	30	and	and	CCONJ
ftr-441	712	31	losses	loss	NOUN
ftr-441	712	32	,	,	PUNCT
ftr-441	712	33	the	the	DET
ftr-441	712	34	advantage	advantage	NOUN
ftr-441	712	35	from	from	ADP
ftr-441	712	36	which	which	PRON
ftr-441	712	37	is	be	AUX
ftr-441	712	38	not	not	PART
ftr-441	712	39	necessarily	necessarily	ADV
ftr-441	712	40	a	a	DET
ftr-441	712	41	function	function	NOUN
ftr-441	712	42	of	of	ADP
ftr-441	712	43	the	the	DET
ftr-441	712	44	marginal	marginal	ADJ
ftr-441	712	45	income	income	NOUN
ftr-441	712	46	tax	tax	NOUN
ftr-441	712	47	bracket	bracket	NOUN
ftr-441	712	48	of	of	ADP
ftr-441	712	49	the	the	DET
ftr-441	712	50	taxpayer	taxpayer	NOUN
ftr-441	712	51	.	.	PUNCT
ftr-441	713	1	that	that	DET
ftr-441	713	2	concern	concern	NOUN
ftr-441	713	3	is	be	AUX
ftr-441	713	4	addressed	address	VERB
ftr-441	713	5	later	later	ADV
ftr-441	713	6	in	in	ADP
ftr-441	713	7	connection	connection	NOUN
ftr-441	713	8	with	with	ADP
ftr-441	713	9	the	the	DET
ftr-441	713	10	rule	rule	NOUN
ftr-441	713	11	limiting	limit	VERB
ftr-441	713	12	an	an	DET
ftr-441	713	13	spbf	spbf	NOUN
ftr-441	713	14	to	to	ADP
ftr-441	713	15	one	one	NUM
ftr-441	713	16	with	with	ADP
ftr-441	713	17	a	a	DET
ftr-441	713	18	single	single	ADJ
ftr-441	713	19	class	class	NOUN
ftr-441	713	20	of	of	ADP
ftr-441	713	21	residual	residual	ADJ
ftr-441	713	22	ownership	ownership	NOUN
ftr-441	713	23	interests	interest	NOUN
ftr-441	713	24	.	.	PUNCT
ftr-441	714	1	[	[	X
ftr-441	714	2	vol	vol	NOUN
ftr-441	714	3	4:3	4:3	NUM
ftr-441	714	4	the	the	DET
ftr-441	714	5	future	future	ADJ
ftr-441	714	6	taxation	taxation	NOUN
ftr-441	714	7	of	of	ADP
ftr-441	714	8	private	private	ADJ
ftr-441	714	9	business	business	NOUN
ftr-441	714	10	firms	firm	NOUN
ftr-441	714	11	table	table	VERB
ftr-441	714	12	1	1	NUM
ftr-441	714	13	number	number	NOUN
ftr-441	714	14	of	of	ADP
ftr-441	714	15	individual	individual	ADJ
ftr-441	714	16	income	income	NOUN
ftr-441	714	17	tax	tax	NOUN
ftr-441	714	18	returns	return	NOUN
ftr-441	714	19	reporting	report	VERB
ftr-441	714	20	partnership	partnership	NOUN
ftr-441	714	21	or	or	CCONJ
ftr-441	714	22	s	s	NOUN
ftr-441	714	23	corporation	corporation	NOUN
ftr-441	714	24	income	income	NOUN
ftr-441	714	25	or	or	CCONJ
ftr-441	714	26	loss	loss	NOUN
ftr-441	714	27	,	,	PUNCT
ftr-441	714	28	by	by	ADP
ftr-441	714	29	agi	agi	NOUN
ftr-441	714	30	class	class	NOUN
ftr-441	714	31	(	(	PUNCT
ftr-441	714	32	1994	1994	NUM
ftr-441	714	33	)	)	PUNCT
ftr-441	714	34	(	(	PUNCT
ftr-441	714	35	numbers	number	NOUN
ftr-441	714	36	in	in	ADP
ftr-441	714	37	000s	000s	NUM
ftr-441	714	38	)	)	PUNCT
ftr-441	714	39	(	(	PUNCT
ftr-441	714	40	1	1	NUM
ftr-441	714	41	)	)	PUNCT
ftr-441	714	42	(	(	PUNCT
ftr-441	714	43	2	2	NUM
ftr-441	714	44	)	)	PUNCT
ftr-441	714	45	(	(	PUNCT
ftr-441	714	46	3	3	X
ftr-441	714	47	)	)	PUNCT
ftr-441	714	48	(	(	PUNCT
ftr-441	714	49	4	4	NUM
ftr-441	714	50	)	)	PUNCT
ftr-441	714	51	(	(	PUNCT
ftr-441	714	52	5	5	NUM
ftr-441	714	53	)	)	PUNCT
ftr-441	714	54	(	(	PUNCT
ftr-441	714	55	6	6	NUM
ftr-441	714	56	)	)	PUNCT
ftr-441	714	57	(	(	PUNCT
ftr-441	714	58	7	7	NUM
ftr-441	714	59	)	)	PUNCT
ftr-441	714	60	(	(	PUNCT
ftr-441	714	61	8)	8)	NUM
ftr-441	714	62	(	(	PUNCT
ftr-441	714	63	9	9	NUM
ftr-441	714	64	)	)	PUNCT
ftr-441	714	65	(	(	PUNCT
ftr-441	714	66	10	10	NUM
ftr-441	714	67	)	)	PUNCT
ftr-441	714	68	(	(	PUNCT
ftr-441	714	69	11	11	NUM
ftr-441	714	70	)	)	PUNCT
ftr-441	714	71	(	(	PUNCT
ftr-441	714	72	12	12	NUM
ftr-441	714	73	)	)	PUNCT
ftr-441	714	74	(	(	PUNCT
ftr-441	714	75	13	13	NUM
ftr-441	714	76	)	)	PUNCT
ftr-441	714	77	agi	agi	NOUN
ftr-441	714	78	#	#	NOUN
ftr-441	714	79	rets	ret	NOUN
ftr-441	714	80	.	.	PUNCT
ftr-441	715	1	%	%	NOUN
ftr-441	715	2	of	of	ADP
ftr-441	715	3	cum%	cum%	PROPN
ftr-441	715	4	#	#	SYM
ftr-441	715	5	w/	w/	NOUN
ftr-441	715	6	%	%	PROPN
ftr-441	715	7	tot	tot	NOUN
ftr-441	715	8	.	.	PUNCT
ftr-441	716	1	cum%	cum%	PROPN
ftr-441	716	2	#	#	SYM
ftr-441	716	3	w/	w/	NOUN
ftr-441	716	4	%	%	NOUN
ftr-441	716	5	tot	tot	PROPN
ftr-441	716	6	cum%	cum%	PROPN
ftr-441	716	7	#	#	SYM
ftr-441	716	8	w/	w/	NOUN
ftr-441	717	1	%	%	NOUN
ftr-441	717	2	toz	toz	PROPN
ftr-441	717	3	cum%	cum%	PROPN
ftr-441	717	4	class	class	NOUN
ftr-441	717	5	filed	file	VERB
ftr-441	717	6	total	total	NOUN
ftr-441	717	7	of	of	ADP
ftr-441	717	8	col	col	PROPN
ftr-441	717	9	.	.	PROPN
ftr-441	717	10	k&s	k&s	PROPN
ftr-441	717	11	w	w	PROPN
ftr-441	717	12	/	/	SYM
ftr-441	717	13	k&s	k&s	PROPN
ftr-441	717	14	of	of	ADP
ftr-441	717	15	col	col	PROPN
ftr-441	717	16	.	.	PROPN
ftr-441	717	17	k&s	k&s	PROPN
ftr-441	717	18	wlk&s	wlk&s	PROPN
ftr-441	717	19	of	of	ADP
ftr-441	717	20	col	col	PROPN
ftr-441	717	21	.	.	PROPN
ftr-441	717	22	k&s	k&s	PROPN
ftr-441	717	23	w	w	PROPN
ftr-441	717	24	/	/	SYM
ftr-441	717	25	k&s	k&s	PROPN
ftr-441	717	26	of	of	ADP
ftr-441	717	27	col	col	PROPN
ftr-441	717	28	(	(	PUNCT
ftr-441	717	29	s00	s00	PROPN
ftr-441	717	30	)	)	PUNCT
ftr-441	717	31	rets	ret	NOUN
ftr-441	717	32	.	.	PUNCT
ftr-441	718	1	(	(	PUNCT
ftr-441	718	2	3	3	X
ftr-441	718	3	)	)	PUNCT
ftr-441	718	4	inc	inc	PROPN
ftr-441	718	5	.	.	PROPN
ftr-441	718	6	inc	inc	PROPN
ftr-441	718	7	.	.	PROPN
ftr-441	719	1	(	(	PUNCT
ftr-441	719	2	6	6	NUM
ftr-441	719	3	)	)	PUNCT
ftr-441	719	4	loss	loss	NOUN
ftr-441	719	5	loss	loss	NOUN
ftr-441	719	6	(	(	PUNCT
ftr-441	719	7	9	9	NUM
ftr-441	719	8	)	)	PUNCT
ftr-441	719	9	'	'	PUNCT
ftr-441	719	10	:	:	PUNCT
ftr-441	719	11	'	'	PUNCT
ftr-441	719	12	--	--	PUNCT
ftr-441	719	13	'	'	PUNCT
ftr-441	719	14	-'"-a	-'"-a	INTJ
ftr-441	719	15	(	(	PUNCT
ftr-441	719	16	12	12	NUM
ftr-441	719	17	)	)	PUNCT
ftr-441	719	18	0	0	NUM
ftr-441	719	19	953	953	NUM
ftr-441	719	20	0.8	0.8	NUM
ftr-441	719	21	%	%	NOUN
ftr-441	719	22	0.8	0.8	NUM
ftr-441	719	23	%	%	NOUN
ftr-441	719	24	44	44	NUM
ftr-441	719	25	1.3	1.3	NUM
ftr-441	719	26	%	%	NOUN
ftr-441	719	27	1.3	1.3	NUM
ftr-441	719	28	%	%	NOUN
ftr-441	719	29	153	153	NUM
ftr-441	719	30	7.3	7.3	NUM
ftr-441	719	31	%	%	NOUN
ftr-441	719	32	7.3	7.3	NUM
ftr-441	719	33	%	%	NOUN
ftr-441	719	34	197	197	NUM
ftr-441	719	35	3.5	3.5	NUM
ftr-441	719	36	%	%	NOUN
ftr-441	719	37	3.5	3.5	NUM
ftr-441	719	38	%	%	NOUN
ftr-441	719	39	1	1	NUM
ftr-441	719	40	-	-	SYM
ftr-441	719	41	5'0	5'0	NUM
ftr-441	719	42	14,632	14,632	NUM
ftr-441	719	43	12.6	12.6	NUM
ftr-441	719	44	%	%	NOUN
ftr-441	719	45	13.4	13.4	NUM
ftr-441	719	46	%	%	NOUN
ftr-441	719	47	88	88	NUM
ftr-441	719	48	2.5	2.5	NUM
ftr-441	719	49	%	%	NOUN
ftr-441	719	50	3.8	3.8	NUM
ftr-441	719	51	%	%	NOUN
ftr-441	719	52	59	59	NUM
ftr-441	719	53	2.8	2.8	NUM
ftr-441	719	54	%	%	NOUN
ftr-441	719	55	10.1	10.1	NUM
ftr-441	719	56	%	%	NOUN
ftr-441	719	57	147	147	NUM
ftr-441	719	58	2.6	2.6	NUM
ftr-441	719	59	%	%	NOUN
ftr-441	719	60	6.1	6.1	NUM
ftr-441	719	61	%	%	NOUN
ftr-441	719	62	5	5	NUM
ftr-441	719	63	-	-	SYM
ftr-441	719	64	10	10	NUM
ftr-441	719	65	14,235	14,235	NUM
ftr-441	719	66	12.3	12.3	NUM
ftr-441	719	67	%	%	NOUN
ftr-441	719	68	25.7	25.7	NUM
ftr-441	719	69	%	%	NOUN
ftr-441	719	70	122	122	NUM
ftr-441	719	71	3.5	3.5	NUM
ftr-441	719	72	%	%	NOUN
ftr-441	719	73	7.3	7.3	NUM
ftr-441	719	74	%	%	NOUN
ftr-441	719	75	77	77	NUM
ftr-441	719	76	3.7	3.7	NUM
ftr-441	719	77	%	%	NOUN
ftr-441	719	78	13.8	13.8	NUM
ftr-441	719	79	%	%	NOUN
ftr-441	719	80	199	199	NUM
ftr-441	719	81	3.6	3.6	NUM
ftr-441	719	82	%	%	NOUN
ftr-441	719	83	9.7	9.7	NUM
ftr-441	719	84	%	%	NOUN
ftr-441	719	85	10	10	NUM
ftr-441	719	86	-	-	SYM
ftr-441	719	87	15	15	NUM
ftr-441	719	88	13,465	13,465	NUM
ftr-441	719	89	11.6	11.6	NUM
ftr-441	719	90	%	%	NOUN
ftr-441	719	91	37.3	37.3	NUM
ftr-441	719	92	%	%	NOUN
ftr-441	719	93	161	161	NUM
ftr-441	719	94	4.6	4.6	NUM
ftr-441	719	95	%	%	NOUN
ftr-441	719	96	11.9	11.9	NUM
ftr-441	719	97	%	%	NOUN
ftr-441	719	98	106	106	NUM
ftr-441	719	99	5.0	5.0	NUM
ftr-441	719	100	%	%	NOUN
ftr-441	719	101	18.8	18.8	NUM
ftr-441	719	102	%	%	NOUN
ftr-441	719	103	267	267	NUM
ftr-441	719	104	4.8	4.8	NUM
ftr-441	719	105	%	%	NOUN
ftr-441	719	106	14.5	14.5	NUM
ftr-441	719	107	%	%	NOUN
ftr-441	719	108	15	15	NUM
ftr-441	719	109	-	-	SYM
ftr-441	719	110	20	20	NUM
ftr-441	719	111	11,411	11,411	NUM
ftr-441	719	112	9.8	9.8	NUM
ftr-441	719	113	%	%	NOUN
ftr-441	719	114	47.1	47.1	NUM
ftr-441	719	115	%	%	NOUN
ftr-441	719	116	185	185	NUM
ftr-441	719	117	5.3	5.3	NUM
ftr-441	719	118	%	%	NOUN
ftr-441	719	119	17.2	17.2	NUM
ftr-441	719	120	%	%	NOUN
ftr-441	719	121	89	89	NUM
ftr-441	719	122	4.2	4.2	NUM
ftr-441	719	123	%	%	NOUN
ftr-441	719	124	23.0	23.0	NUM
ftr-441	719	125	%	%	NOUN
ftr-441	719	126	274	274	NUM
ftr-441	719	127	4.9	4.9	NUM
ftr-441	719	128	%	%	NOUN
ftr-441	719	129	19.4	19.4	NUM
ftr-441	719	130	%	%	NOUN
ftr-441	719	131	20	20	NUM
ftr-441	719	132	-	-	SYM
ftr-441	719	133	25	25	NUM
ftr-441	719	134	9,663	9,663	NUM
ftr-441	719	135	8.3	8.3	NUM
ftr-441	719	136	%	%	NOUN
ftr-441	719	137	55.4	55.4	NUM
ftr-441	719	138	%	%	NOUN
ftr-441	719	139	162	162	NUM
ftr-441	719	140	4.6	4.6	NUM
ftr-441	719	141	%	%	NOUN
ftr-441	719	142	21.8	21.8	NUM
ftr-441	719	143	%	%	NOUN
ftr-441	719	144	85	85	NUM
ftr-441	719	145	4.0	4.0	NUM
ftr-441	719	146	%	%	NOUN
ftr-441	719	147	27.0	27.0	NUM
ftr-441	719	148	%	%	NOUN
ftr-441	719	149	247	247	NUM
ftr-441	719	150	4.4	4.4	NUM
ftr-441	719	151	%	%	NOUN
ftr-441	719	152	23.8	23.8	NUM
ftr-441	719	153	%	%	NOUN
ftr-441	719	154	25	25	NUM
ftr-441	719	155	-	-	SYM
ftr-441	719	156	30	30	NUM
ftr-441	719	157	8,121	8,121	NUM
ftr-441	719	158	7.0	7.0	NUM
ftr-441	719	159	%	%	NOUN
ftr-441	719	160	62	62	NUM
ftr-441	719	161	-	-	SYM
ftr-441	719	162	4	4	NUM
ftr-441	719	163	%	%	NOUN
ftr-441	719	164	147	147	NUM
ftr-441	719	165	4.2	4.2	NUM
ftr-441	719	166	%	%	NOUN
ftr-441	719	167	26.0	26.0	NUM
ftr-441	719	168	%	%	NOUN
ftr-441	719	169	105	105	NUM
ftr-441	719	170	5.0	5.0	NUM
ftr-441	719	171	%	%	NOUN
ftr-441	719	172	32.0	32.0	NUM
ftr-441	719	173	%	%	NOUN
ftr-441	719	174	252	252	NUM
ftr-441	719	175	4.5	4.5	NUM
ftr-441	719	176	%	%	NOUN
ftr-441	719	177	28.3	28.3	NUM
ftr-441	719	178	%	%	NOUN
ftr-441	719	179	30	30	NUM
ftr-441	719	180	-	-	SYM
ftr-441	719	181	40	40	NUM
ftr-441	719	182	12,014	12,014	NUM
ftr-441	719	183	10.4	10.4	NUM
ftr-441	719	184	%	%	NOUN
ftr-441	719	185	72.8	72.8	NUM
ftr-441	719	186	%	%	NOUN
ftr-441	719	187	315	315	NUM
ftr-441	719	188	9.0	9.0	NUM
ftr-441	719	189	%	%	NOUN
ftr-441	719	190	35.0	35.0	NUM
ftr-441	719	191	%	%	NOUN
ftr-441	719	192	196	196	NUM
ftr-441	719	193	9.3	9.3	NUM
ftr-441	719	194	%	%	NOUN
ftr-441	719	195	41.3	41.3	NUM
ftr-441	719	196	%	%	NOUN
ftr-441	719	197	511	511	NUM
ftr-441	719	198	9.1	9.1	NUM
ftr-441	719	199	%	%	NOUN
ftr-441	719	200	37.4	37.4	NUM
ftr-441	719	201	%	%	NOUN
ftr-441	719	202	40	40	NUM
ftr-441	719	203	-	-	SYM
ftr-441	719	204	50	50	NUM
ftr-441	719	205	9,024	9,024	NUM
ftr-441	719	206	7.8	7.8	NUM
ftr-441	719	207	%	%	NOUN
ftr-441	719	208	80.6	80.6	NUM
ftr-441	719	209	%	%	NOUN
ftr-441	719	210	267	267	NUM
ftr-441	719	211	7.6	7.6	NUM
ftr-441	719	212	%	%	NOUN
ftr-441	719	213	42.6	42.6	NUM
ftr-441	719	214	%	%	NOUN
ftr-441	719	215	198	198	NUM
ftr-441	719	216	9.4	9.4	NUM
ftr-441	719	217	%	%	NOUN
ftr-441	719	218	50.7	50.7	NUM
ftr-441	719	219	%	%	NOUN
ftr-441	719	220	465	465	NUM
ftr-441	719	221	8.3	8.3	NUM
ftr-441	719	222	%	%	NOUN
ftr-441	719	223	45.7	45.7	NUM
ftr-441	719	224	%	%	NOUN
ftr-441	719	225	50	50	NUM
ftr-441	719	226	-	-	SYM
ftr-441	719	227	75	75	NUM
ftr-441	719	228	13,127	13,127	NUM
ftr-441	719	229	11.3	11.3	NUM
ftr-441	719	230	%	%	NOUN
ftr-441	719	231	91.9	91.9	NUM
ftr-441	719	232	%	%	NOUN
ftr-441	719	233	542	542	NUM
ftr-441	719	234	15.5	15.5	NUM
ftr-441	719	235	%	%	NOUN
ftr-441	719	236	58.1	58.1	NUM
ftr-441	719	237	%	%	NOUN
ftr-441	719	238	385	385	NUM
ftr-441	719	239	18.3	18.3	NUM
ftr-441	719	240	%	%	NOUN
ftr-441	719	241	69.0	69.0	NUM
ftr-441	719	242	%	%	NOUN
ftr-441	719	243	927	927	NUM
ftr-441	719	244	16.6	16.6	NUM
ftr-441	719	245	%	%	NOUN
ftr-441	719	246	62.3	62.3	NUM
ftr-441	719	247	%	%	NOUN
ftr-441	719	248	75	75	NUM
ftr-441	719	249	-	-	SYM
ftr-441	719	250	100	100	NUM
ftr-441	719	251	4,784	4,784	NUM
ftr-441	719	252	4.1	4.1	NUM
ftr-441	719	253	%	%	NOUN
ftr-441	719	254	96.0	96.0	NUM
ftr-441	719	255	%	%	NOUN
ftr-441	719	256	365	365	NUM
ftr-441	719	257	10.5	10.5	NUM
ftr-441	719	258	%	%	NOUN
ftr-441	719	259	68.6	68.6	NUM
ftr-441	719	260	%	%	NOUN
ftr-441	719	261	202	202	NUM
ftr-441	719	262	9.6	9.6	NUM
ftr-441	719	263	%	%	NOUN
ftr-441	719	264	78.6	78.6	NUM
ftr-441	719	265	%	%	NOUN
ftr-441	719	266	567	567	NUM
ftr-441	719	267	10.1	10.1	NUM
ftr-441	719	268	%	%	NOUN
ftr-441	719	269	72.4	72.4	NUM
ftr-441	719	270	%	%	NOUN
ftr-441	719	271	100	100	NUM
ftr-441	719	272	-	-	SYM
ftr-441	719	273	200	200	NUM
ftr-441	719	274	3,405	3,405	NUM
ftr-441	719	275	2.9	2.9	NUM
ftr-441	719	276	%	%	NOUN
ftr-441	719	277	98.9	98.9	NUM
ftr-441	719	278	%	%	NOUN
ftr-441	719	279	627	627	NUM
ftr-441	719	280	18.0	18.0	NUM
ftr-441	719	281	%	%	NOUN
ftr-441	719	282	86.6	86.6	NUM
ftr-441	719	283	%	%	NOUN
ftr-441	719	284	265	265	NUM
ftr-441	719	285	12.6	12.6	NUM
ftr-441	719	286	%	%	NOUN
ftr-441	719	287	91.2	91.2	NUM
ftr-441	719	288	%	%	NOUN
ftr-441	719	289	892	892	NUM
ftr-441	719	290	16.0	16.0	NUM
ftr-441	719	291	%	%	NOUN
ftr-441	719	292	88.4	88.4	NUM
ftr-441	719	293	%	%	NOUN
ftr-441	719	294	200	200	NUM
ftr-441	719	295	-	-	SYM
ftr-441	719	296	500	500	NUM
ftr-441	719	297	890	890	NUM
ftr-441	719	298	0.8	0.8	NUM
ftr-441	719	299	%	%	NOUN
ftr-441	719	300	99.7	99.7	NUM
ftr-441	719	301	%	%	NOUN
ftr-441	719	302	342	342	NUM
ftr-441	719	303	9.8	9.8	NUM
ftr-441	719	304	%	%	NOUN
ftr-441	719	305	96.4	96.4	NUM
ftr-441	719	306	%	%	NOUN
ftr-441	719	307	138	138	NUM
ftr-441	719	308	6.6	6.6	NUM
ftr-441	719	309	%	%	NOUN
ftr-441	719	310	97.8	97.8	NUM
ftr-441	719	311	%	%	NOUN
ftr-441	719	312	480	480	NUM
ftr-441	719	313	8.6	8.6	NUM
ftr-441	719	314	%	%	NOUN
ftr-441	719	315	97.0	97.0	NUM
ftr-441	719	316	%	%	NOUN
ftr-441	719	317	500	500	NUM
ftr-441	719	318	-	-	SYM
ftr-441	719	319	1000	1000	NUM
ftr-441	719	320	149	149	NUM
ftr-441	719	321	0.1	0.1	NUM
ftr-441	719	322	%	%	NOUN
ftr-441	719	323	99.8	99.8	NUM
ftr-441	719	324	%	%	NOUN
ftr-441	719	325	81	81	NUM
ftr-441	719	326	2.3	2.3	NUM
ftr-441	719	327	%	%	NOUN
ftr-441	719	328	98.7	98.7	NUM
ftr-441	719	329	%	%	NOUN
ftr-441	719	330	28	28	NUM
ftr-441	719	331	13	13	NUM
ftr-441	719	332	%	%	NOUN
ftr-441	719	333	99.1	99.1	NUM
ftr-441	719	334	%	%	NOUN
ftr-441	719	335	109	109	NUM
ftr-441	719	336	1.9	1.9	NUM
ftr-441	719	337	%	%	NOUN
ftr-441	719	338	98.9	98.9	NUM
ftr-441	719	339	%	%	NOUN
ftr-441	719	340	1000	1000	NUM
ftr-441	719	341	+	+	CCONJ
ftr-441	719	342	70	70	NUM
ftr-441	719	343	0.1	0.1	NUM
ftr-441	719	344	%	%	NOUN
ftr-441	719	345	99.9	99.9	NUM
ftr-441	719	346	%	%	NOUN
ftr-441	719	347	44	44	NUM
ftr-441	719	348	1.3	1.3	NUM
ftr-441	719	349	%	%	NOUN
ftr-441	719	350	100.0	100.0	NUM
ftr-441	719	351	%	%	NOUN
ftr-441	719	352	14	14	NUM
ftr-441	719	353	0.7	0.7	NUM
ftr-441	719	354	%	%	NOUN
ftr-441	719	355	99.8	99.8	NUM
ftr-441	719	356	%	%	NOUN
ftr-441	719	357	58	58	NUM
ftr-441	719	358	1.0	1.0	NUM
ftr-441	719	359	%	%	NOUN
ftr-441	719	360	99.9	99.9	NUM
ftr-441	719	361	%	%	NOUN
ftr-441	719	362	total	total	NOUN
ftr-441	719	363	115,943	115,943	NUM
ftr-441	719	364	3,492	3,492	NUM
ftr-441	719	365	2,100	2,100	NUM
ftr-441	719	366	5,592	5,592	NUM
ftr-441	719	367	source	source	NOUN
ftr-441	719	368	:	:	PUNCT
ftr-441	719	369	irs	irs	PROPN
ftr-441	719	370	statistics	statistic	NOUN
ftr-441	719	371	of	of	ADP
ftr-441	719	372	income	income	NOUN
ftr-441	719	373	,	,	PUNCT
ftr-441	719	374	individual	individual	ADJ
ftr-441	719	375	income	income	NOUN
ftr-441	719	376	tax	tax	NOUN
ftr-441	719	377	returns	return	NOUN
ftr-441	719	378	1994	1994	NUM
ftr-441	719	379	,	,	PUNCT
ftr-441	719	380	publ	publ	NOUN
ftr-441	719	381	.	.	PUNCT
ftr-441	720	1	1304	1304	NUM
ftr-441	720	2	(	(	PUNCT
ftr-441	720	3	1997	1997	NUM
ftr-441	720	4	)	)	PUNCT
ftr-441	720	5	,	,	PUNCT
ftr-441	720	6	table	table	NOUN
ftr-441	720	7	1.4	1.4	NUM
ftr-441	720	8	,	,	PUNCT
ftr-441	720	9	cols	cols	PROPN
ftr-441	720	10	.	.	PUNCT
ftr-441	721	1	(	(	PUNCT
ftr-441	721	2	1	1	NUM
ftr-441	721	3	)	)	PUNCT
ftr-441	721	4	,	,	PUNCT
ftr-441	721	5	(	(	PUNCT
ftr-441	721	6	73	73	NUM
ftr-441	721	7	)	)	PUNCT
ftr-441	721	8	,	,	PUNCT
ftr-441	721	9	and	and	CCONJ
ftr-441	721	10	(	(	PUNCT
ftr-441	721	11	75	75	NUM
ftr-441	721	12	)	)	PUNCT
ftr-441	721	13	.	.	PUNCT
ftr-441	722	1	numbers	number	NOUN
ftr-441	722	2	do	do	AUX
ftr-441	722	3	not	not	PART
ftr-441	722	4	add	add	VERB
ftr-441	722	5	to	to	ADP
ftr-441	722	6	100	100	NUM
ftr-441	722	7	%	%	NOUN
ftr-441	722	8	due	due	ADP
ftr-441	722	9	to	to	ADP
ftr-441	722	10	rounding	round	VERB
ftr-441	722	11	.	.	PUNCT
ftr-441	723	1	the	the	DET
ftr-441	723	2	irs	irs	PROPN
ftr-441	723	3	statistics	statistic	NOUN
ftr-441	723	4	underlying	underlie	VERB
ftr-441	723	5	the	the	DET
ftr-441	723	6	data	datum	NOUN
ftr-441	723	7	set	set	VERB
ftr-441	723	8	forth	forth	ADP
ftr-441	723	9	in	in	ADP
ftr-441	723	10	table	table	NOUN
ftr-441	723	11	1	1	NUM
ftr-441	723	12	unfortunately	unfortunately	ADV
ftr-441	723	13	do	do	AUX
ftr-441	723	14	not	not	PART
ftr-441	723	15	provide	provide	VERB
ftr-441	723	16	any	any	DET
ftr-441	723	17	indication	indication	NOUN
ftr-441	723	18	of	of	ADP
ftr-441	723	19	the	the	DET
ftr-441	723	20	filing	filing	NOUN
ftr-441	723	21	status	status	NOUN
ftr-441	723	22	of	of	ADP
ftr-441	723	23	the	the	DET
ftr-441	723	24	taxpayer	taxpayer	NOUN
ftr-441	723	25	filing	file	VERB
ftr-441	723	26	the	the	DET
ftr-441	723	27	return	return	NOUN
ftr-441	723	28	(	(	PUNCT
ftr-441	723	29	single	single	ADJ
ftr-441	723	30	,	,	PUNCT
ftr-441	723	31	joint	joint	ADJ
ftr-441	723	32	,	,	PUNCT
ftr-441	723	33	married	married	ADJ
ftr-441	723	34	filing	filing	NOUN
ftr-441	723	35	separately	separately	ADV
ftr-441	723	36	,	,	PUNCT
ftr-441	723	37	or	or	CCONJ
ftr-441	723	38	head	head	NOUN
ftr-441	723	39	of	of	ADP
ftr-441	723	40	household	household	NOUN
ftr-441	723	41	)	)	PUNCT
ftr-441	723	42	.	.	PUNCT
ftr-441	724	1	it	it	PRON
ftr-441	724	2	may	may	AUX
ftr-441	724	3	,	,	PUNCT
ftr-441	724	4	however	however	ADV
ftr-441	724	5	,	,	PUNCT
ftr-441	724	6	be	be	AUX
ftr-441	724	7	reasonable	reasonable	ADJ
ftr-441	724	8	to	to	PART
ftr-441	724	9	assume	assume	VERB
ftr-441	724	10	that	that	SCONJ
ftr-441	724	11	on	on	ADP
ftr-441	724	12	average	average	ADJ
ftr-441	724	13	,	,	PUNCT
ftr-441	724	14	1994	1994	NUM
ftr-441	724	15	returns	return	NOUN
ftr-441	724	16	reporting	report	VERB
ftr-441	724	17	adjusted	adjust	VERB
ftr-441	724	18	gross	gross	ADJ
ftr-441	724	19	income	income	NOUN
ftr-441	724	20	below	below	ADP
ftr-441	724	21	about	about	ADV
ftr-441	724	22	$	$	SYM
ftr-441	724	23	40,000	40,000	NUM
ftr-441	724	24	represented	represent	VERB
ftr-441	724	25	taxpayers	taxpayer	NOUN
ftr-441	724	26	in	in	ADP
ftr-441	724	27	the	the	DET
ftr-441	724	28	15	15	NUM
ftr-441	724	29	%	%	NOUN
ftr-441	724	30	or	or	CCONJ
ftr-441	724	31	lower	low	ADJ
ftr-441	724	32	marginal	marginal	ADJ
ftr-441	724	33	income	income	NOUN
ftr-441	724	34	tax	tax	NOUN
ftr-441	724	35	bracket.9	bracket.9	PROPN
ftr-441	724	36	'	'	PUNCT
ftr-441	724	37	based	base	VERB
ftr-441	724	38	on	on	ADP
ftr-441	724	39	that	that	DET
ftr-441	724	40	assumption	assumption	NOUN
ftr-441	724	41	,	,	PUNCT
ftr-441	724	42	90	90	NUM
ftr-441	724	43	.	.	PUNCT
ftr-441	725	1	this	this	DET
ftr-441	725	2	category	category	NOUN
ftr-441	725	3	represents	represent	VERB
ftr-441	725	4	all	all	DET
ftr-441	725	5	returns	return	NOUN
ftr-441	725	6	with	with	ADP
ftr-441	725	7	agi	agi	NOUN
ftr-441	725	8	greater	great	ADJ
ftr-441	725	9	than	than	ADP
ftr-441	725	10	zero	zero	NUM
ftr-441	725	11	but	but	CCONJ
ftr-441	725	12	less	less	ADJ
ftr-441	725	13	than	than	ADP
ftr-441	725	14	$	$	SYM
ftr-441	725	15	5,000	5,000	NUM
ftr-441	725	16	.	.	PUNCT
ftr-441	726	1	91	91	NUM
ftr-441	726	2	.	.	PUNCT
ftr-441	727	1	in	in	ADP
ftr-441	727	2	1994	1994	NUM
ftr-441	727	3	,	,	PUNCT
ftr-441	727	4	married	married	ADJ
ftr-441	727	5	taxpayers	taxpayer	NOUN
ftr-441	727	6	with	with	ADP
ftr-441	727	7	taxable	taxable	ADJ
ftr-441	727	8	income	income	NOUN
ftr-441	727	9	below	below	ADP
ftr-441	727	10	$	$	SYM
ftr-441	727	11	38,000	38,000	NUM
ftr-441	727	12	were	be	AUX
ftr-441	727	13	in	in	ADP
ftr-441	727	14	the	the	DET
ftr-441	727	15	15	15	NUM
ftr-441	727	16	%	%	NOUN
ftr-441	727	17	bracket	bracket	NOUN
ftr-441	727	18	;	;	PUNCT
ftr-441	727	19	for	for	ADP
ftr-441	727	20	heads	head	NOUN
ftr-441	727	21	of	of	ADP
ftr-441	727	22	household	household	NOUN
ftr-441	727	23	,	,	PUNCT
ftr-441	727	24	the	the	DET
ftr-441	727	25	figure	figure	NOUN
ftr-441	727	26	was	be	AUX
ftr-441	727	27	$	$	SYM
ftr-441	727	28	30,500	30,500	NUM
ftr-441	727	29	;	;	PUNCT
ftr-441	727	30	for	for	ADP
ftr-441	727	31	single	single	ADJ
ftr-441	727	32	individuals	individual	NOUN
ftr-441	727	33	,	,	PUNCT
ftr-441	727	34	$	$	SYM
ftr-441	727	35	22,750	22,750	NUM
ftr-441	727	36	;	;	PUNCT
ftr-441	727	37	for	for	ADP
ftr-441	727	38	married	married	ADJ
ftr-441	727	39	filing	filing	NOUN
ftr-441	727	40	separate	separate	ADJ
ftr-441	727	41	,	,	PUNCT
ftr-441	727	42	$	$	SYM
ftr-441	727	43	19,000	19,000	NUM
ftr-441	727	44	.	.	PUNCT
ftr-441	728	1	irc	irc	PROPN
ftr-441	728	2	§	§	PROPN
ftr-441	728	3	1(a)-(d	1(a)-(d	NUM
ftr-441	728	4	)	)	PUNCT
ftr-441	728	5	,	,	PUNCT
ftr-441	728	6	(	(	PUNCT
ftr-441	728	7	f	f	X
ftr-441	728	8	)	)	PUNCT
ftr-441	728	9	.	.	PUNCT
ftr-441	729	1	to	to	PART
ftr-441	729	2	estimate	estimate	VERB
ftr-441	729	3	the	the	DET
ftr-441	729	4	average	average	ADJ
ftr-441	729	5	agi	agi	NOUN
ftr-441	729	6	cut	cut	NOUN
ftr-441	729	7	-	-	PUNCT
ftr-441	729	8	off	off	ADP
ftr-441	729	9	point	point	NOUN
ftr-441	729	10	for	for	ADP
ftr-441	729	11	the	the	DET
ftr-441	729	12	15	15	NUM
ftr-441	729	13	%	%	NOUN
ftr-441	729	14	tax	tax	NOUN
ftr-441	729	15	bracket	bracket	NOUN
ftr-441	729	16	,	,	PUNCT
ftr-441	729	17	we	we	PRON
ftr-441	729	18	first	first	ADV
ftr-441	729	19	increased	increase	VERB
ftr-441	729	20	the	the	DET
ftr-441	729	21	taxable	taxable	ADJ
ftr-441	729	22	income	income	NOUN
ftr-441	729	23	amount	amount	NOUN
ftr-441	729	24	for	for	ADP
ftr-441	729	25	each	each	DET
ftr-441	729	26	category	category	NOUN
ftr-441	729	27	of	of	ADP
ftr-441	729	28	tax	tax	NOUN
ftr-441	729	29	return	return	NOUN
ftr-441	729	30	filer	filer	NOUN
ftr-441	729	31	by	by	ADP
ftr-441	729	32	a	a	DET
ftr-441	729	33	personal	personal	ADJ
ftr-441	729	34	exemption	exemption	NOUN
ftr-441	729	35	amount	amount	NOUN
ftr-441	729	36	(	(	PUNCT
ftr-441	729	37	$	$	SYM
ftr-441	729	38	2,450	2,450	NUM
ftr-441	729	39	in	in	ADP
ftr-441	729	40	1994	1994	NUM
ftr-441	729	41	;	;	PUNCT
ftr-441	729	42	two	two	NUM
ftr-441	729	43	exemptions	exemption	NOUN
ftr-441	729	44	were	be	AUX
ftr-441	729	45	assumed	assume	VERB
ftr-441	729	46	for	for	ADP
ftr-441	729	47	joint	joint	ADJ
ftr-441	729	48	filers	filer	NOUN
ftr-441	729	49	and	and	CCONJ
ftr-441	729	50	heads	head	NOUN
ftr-441	729	51	of	of	ADP
ftr-441	729	52	household	household	NOUN
ftr-441	729	53	)	)	PUNCT
ftr-441	729	54	and	and	CCONJ
ftr-441	729	55	the	the	DET
ftr-441	729	56	1994	1994	NUM
ftr-441	729	57	standard	standard	ADJ
ftr-441	729	58	deduction	deduction	NOUN
ftr-441	729	59	(	(	PUNCT
ftr-441	729	60	s6,350	s6,350	PROPN
ftr-441	729	61	for	for	ADP
ftr-441	729	62	joint	joint	ADJ
ftr-441	729	63	filers	filer	NOUN
ftr-441	729	64	,	,	PUNCT
ftr-441	729	65	$	$	SYM
ftr-441	729	66	5,600	5,600	NUM
ftr-441	729	67	for	for	ADP
ftr-441	729	68	heads	head	NOUN
ftr-441	729	69	of	of	ADP
ftr-441	729	70	household	household	NOUN
ftr-441	729	71	,	,	PUNCT
ftr-441	729	72	$	$	SYM
ftr-441	729	73	3,800	3,800	NUM
ftr-441	729	74	for	for	ADP
ftr-441	729	75	singles	single	NOUN
ftr-441	729	76	,	,	PUNCT
ftr-441	729	77	and	and	CCONJ
ftr-441	729	78	s3,175	s3,175	PROPN
ftr-441	729	79	for	for	ADP
ftr-441	729	80	married	married	ADJ
ftr-441	729	81	filing	filing	NOUN
ftr-441	729	82	1999	1999	NUM
ftr-441	729	83	]	]	PUNCT
ftr-441	729	84	florida	florida	PROPN
ftr-441	729	85	tax	tax	PROPN
ftr-441	729	86	review	review	NOUN
ftr-441	729	87	table	table	NOUN
ftr-441	729	88	1	1	NUM
ftr-441	729	89	indicates	indicate	VERB
ftr-441	729	90	that	that	SCONJ
ftr-441	729	91	roughly	roughly	ADV
ftr-441	729	92	37.4	37.4	NUM
ftr-441	729	93	%	%	NOUN
ftr-441	729	94	of	of	ADP
ftr-441	729	95	the	the	DET
ftr-441	729	96	returns	return	NOUN
ftr-441	729	97	reporting	report	VERB
ftr-441	729	98	partnership	partnership	NOUN
ftr-441	729	99	or	or	CCONJ
ftr-441	729	100	s	s	NOUN
ftr-441	729	101	corporation	corporation	NOUN
ftr-441	729	102	income	income	NOUN
ftr-441	729	103	or	or	CCONJ
ftr-441	729	104	loss	loss	NOUN
ftr-441	729	105	in	in	ADP
ftr-441	729	106	1994	1994	NUM
ftr-441	729	107	were	be	AUX
ftr-441	729	108	filed	file	VERB
ftr-441	729	109	by	by	ADP
ftr-441	729	110	taxpayers	taxpayer	NOUN
ftr-441	729	111	in	in	ADP
ftr-441	729	112	the	the	DET
ftr-441	729	113	15	15	NUM
ftr-441	729	114	%	%	NOUN
ftr-441	729	115	or	or	CCONJ
ftr-441	729	116	lower	low	ADJ
ftr-441	729	117	tax	tax	NOUN
ftr-441	729	118	bracket	bracket	NOUN
ftr-441	729	119	,	,	PUNCT
ftr-441	729	120	and	and	CCONJ
ftr-441	729	121	roughly	roughly	ADV
ftr-441	729	122	62.6	62.6	NUM
ftr-441	729	123	%	%	NOUN
ftr-441	729	124	were	be	AUX
ftr-441	729	125	filed	file	VERB
ftr-441	729	126	by	by	ADP
ftr-441	729	127	taxpayers	taxpayer	NOUN
ftr-441	729	128	in	in	ADP
ftr-441	729	129	the	the	DET
ftr-441	729	130	28	28	NUM
ftr-441	729	131	%	%	NOUN
ftr-441	729	132	or	or	CCONJ
ftr-441	729	133	higher	high	ADJ
ftr-441	729	134	bracket	bracket	NOUN
ftr-441	729	135	.	.	PUNCT
ftr-441	730	1	92	92	NUM
ftr-441	730	2	in	in	ADP
ftr-441	730	3	contrast	contrast	NOUN
ftr-441	730	4	,	,	PUNCT
ftr-441	730	5	approximately	approximately	ADV
ftr-441	730	6	72.8	72.8	NUM
ftr-441	730	7	%	%	NOUN
ftr-441	730	8	of	of	ADP
ftr-441	730	9	all	all	DET
ftr-441	730	10	returns	return	NOUN
ftr-441	730	11	were	be	AUX
ftr-441	730	12	filed	file	VERB
ftr-441	730	13	by	by	ADP
ftr-441	730	14	taxpayers	taxpayer	NOUN
ftr-441	730	15	in	in	ADP
ftr-441	730	16	the	the	DET
ftr-441	730	17	15	15	NUM
ftr-441	730	18	%	%	NOUN
ftr-441	730	19	or	or	CCONJ
ftr-441	730	20	lower	low	ADJ
ftr-441	730	21	tax	tax	NOUN
ftr-441	730	22	bracket	bracket	NOUN
ftr-441	730	23	,	,	PUNCT
ftr-441	730	24	and	and	CCONJ
ftr-441	730	25	approximately	approximately	ADV
ftr-441	730	26	27.2	27.2	NUM
ftr-441	730	27	%	%	NOUN
ftr-441	730	28	were	be	AUX
ftr-441	730	29	filed	file	VERB
ftr-441	730	30	by	by	ADP
ftr-441	730	31	taxpayers	taxpayer	NOUN
ftr-441	730	32	in	in	ADP
ftr-441	730	33	the	the	DET
ftr-441	730	34	28	28	NUM
ftr-441	730	35	%	%	NOUN
ftr-441	730	36	or	or	CCONJ
ftr-441	730	37	higher	high	ADJ
ftr-441	730	38	bracket.93	bracket.93	NOUN
ftr-441	730	39	other	other	ADJ
ftr-441	730	40	data	datum	NOUN
ftr-441	730	41	reveals	reveal	VERB
ftr-441	730	42	that	that	SCONJ
ftr-441	730	43	about	about	ADV
ftr-441	730	44	13	13	NUM
ftr-441	730	45	%	%	NOUN
ftr-441	730	46	of	of	ADP
ftr-441	730	47	the	the	DET
ftr-441	730	48	returns	return	NOUN
ftr-441	730	49	reporting	report	VERB
ftr-441	730	50	partnership	partnership	NOUN
ftr-441	730	51	or	or	CCONJ
ftr-441	730	52	s	s	NOUN
ftr-441	730	53	corporation	corporation	NOUN
ftr-441	730	54	income	income	NOUN
ftr-441	730	55	or	or	CCONJ
ftr-441	730	56	loss	loss	NOUN
ftr-441	730	57	were	be	AUX
ftr-441	730	58	"	"	PUNCT
ftr-441	730	59	nontaxable	nontaxable	ADJ
ftr-441	730	60	returns	return	NOUN
ftr-441	730	61	"	"	PUNCT
ftr-441	730	62	reporting	report	VERB
ftr-441	730	63	no	no	DET
ftr-441	730	64	income	income	NOUN
ftr-441	730	65	tax	tax	NOUN
ftr-441	730	66	liability	liability	NOUN
ftr-441	730	67	,	,	PUNCT
ftr-441	730	68	and	and	CCONJ
ftr-441	730	69	therefore	therefore	ADV
ftr-441	730	70	,	,	PUNCT
ftr-441	730	71	the	the	DET
ftr-441	730	72	taxpayers	taxpayer	NOUN
ftr-441	730	73	filing	file	VERB
ftr-441	730	74	them	they	PRON
ftr-441	730	75	might	might	AUX
ftr-441	730	76	be	be	AUX
ftr-441	730	77	considered	consider	VERB
ftr-441	730	78	to	to	PART
ftr-441	730	79	have	have	AUX
ftr-441	730	80	been	be	AUX
ftr-441	730	81	in	in	ADP
ftr-441	730	82	the	the	DET
ftr-441	730	83	0	0	NUM
ftr-441	730	84	%	%	NOUN
ftr-441	730	85	tax	tax	NOUN
ftr-441	730	86	bracket.94	bracket.94	NOUN
ftr-441	730	87	putting	put	VERB
ftr-441	730	88	all	all	PRON
ftr-441	730	89	of	of	ADP
ftr-441	730	90	this	this	DET
ftr-441	730	91	information	information	NOUN
ftr-441	730	92	together	together	ADV
ftr-441	730	93	,	,	PUNCT
ftr-441	730	94	a	a	DET
ftr-441	730	95	rough	rough	ADJ
ftr-441	730	96	profile	profile	NOUN
ftr-441	730	97	of	of	ADP
ftr-441	730	98	the	the	DET
ftr-441	730	99	individual	individual	ADJ
ftr-441	730	100	taxpayers	taxpayer	NOUN
ftr-441	730	101	reporting	report	VERB
ftr-441	730	102	partnership	partnership	NOUN
ftr-441	730	103	or	or	CCONJ
ftr-441	730	104	s	s	NOUN
ftr-441	730	105	corporation	corporation	NOUN
ftr-441	730	106	income	income	NOUN
ftr-441	730	107	or	or	CCONJ
ftr-441	730	108	loss	loss	NOUN
ftr-441	730	109	in	in	ADP
ftr-441	730	110	1994	1994	NUM
ftr-441	730	111	is	be	AUX
ftr-441	730	112	as	as	SCONJ
ftr-441	730	113	follows	follow	VERB
ftr-441	730	114	:	:	PUNCT
ftr-441	730	115	marginal	marginal	ADJ
ftr-441	730	116	income	income	NOUN
ftr-441	730	117	%	%	NOUN
ftr-441	730	118	of	of	ADP
ftr-441	730	119	all	all	DET
ftr-441	730	120	returns	return	NOUN
ftr-441	730	121	%	%	NOUN
ftr-441	730	122	of	of	ADP
ftr-441	730	123	tax	tax	NOUN
ftr-441	730	124	bracket	bracket	NOUN
ftr-441	730	125	filed	file	VERB
ftr-441	730	126	by	by	ADP
ftr-441	730	127	individuals	individual	NOUN
ftr-441	730	128	all	all	DET
ftr-441	730	129	returns	return	NOUN
ftr-441	730	130	of	of	ADP
ftr-441	730	131	tax	tax	NOUN
ftr-441	730	132	return	return	NOUN
ftr-441	730	133	reporting	report	VERB
ftr-441	730	134	k	k	PROPN
ftr-441	730	135	or	or	CCONJ
ftr-441	730	136	s	s	AUX
ftr-441	730	137	filed	file	VERB
ftr-441	730	138	by	by	ADP
ftr-441	730	139	filer	filer	NOUN
ftr-441	730	140	income	income	NOUN
ftr-441	730	141	or	or	CCONJ
ftr-441	730	142	loss	loss	NOUN
ftr-441	730	143	individuals	individual	NOUN
ftr-441	730	144	0	0	NUM
ftr-441	730	145	percent	percent	NOUN
ftr-441	730	146	13	13	NUM
ftr-441	730	147	%	%	NOUN
ftr-441	730	148	not	not	PART
ftr-441	730	149	avail	avail	NOUN
ftr-441	730	150	.	.	PUNCT
ftr-441	731	1	15	15	NUM
ftr-441	731	2	percent	percent	NOUN
ftr-441	731	3	24.4	24.4	NUM
ftr-441	731	4	%	%	NOUN
ftr-441	731	5	not	not	PART
ftr-441	731	6	avail	avail	NOUN
ftr-441	731	7	.	.	PUNCT
ftr-441	732	1	0	0	NUM
ftr-441	732	2	or	or	CCONJ
ftr-441	732	3	15	15	NUM
ftr-441	732	4	percent	percent	NOUN
ftr-441	732	5	37.4	37.4	NUM
ftr-441	732	6	%	%	NOUN
ftr-441	732	7	72.8	72.8	NUM
ftr-441	732	8	%	%	NOUN
ftr-441	732	9	28	28	NUM
ftr-441	732	10	percent	percent	NOUN
ftr-441	732	11	or	or	CCONJ
ftr-441	732	12	higher	high	ADJ
ftr-441	732	13	62.6	62.6	NUM
ftr-441	732	14	%	%	NOUN
ftr-441	732	15	27.2	27.2	NUM
ftr-441	732	16	%	%	NOUN
ftr-441	732	17	separately	separately	ADV
ftr-441	732	18	)	)	PUNCT
ftr-441	732	19	.	.	PUNCT
ftr-441	733	1	irc	irc	PROPN
ftr-441	733	2	§	§	PROPN
ftr-441	733	3	§	§	PROPN
ftr-441	733	4	63(c	63(c	NUM
ftr-441	733	5	)	)	PUNCT
ftr-441	733	6	,	,	PUNCT
ftr-441	733	7	151(d	151(d	PROPN
ftr-441	733	8	)	)	PUNCT
ftr-441	733	9	.	.	PUNCT
ftr-441	734	1	we	we	PRON
ftr-441	734	2	then	then	ADV
ftr-441	734	3	averaged	average	VERB
ftr-441	734	4	the	the	DET
ftr-441	734	5	estimated	estimate	VERB
ftr-441	734	6	agi	agi	NOUN
ftr-441	734	7	cut	cut	VERB
ftr-441	734	8	-	-	PUNCT
ftr-441	734	9	off	off	ADP
ftr-441	734	10	points	point	NOUN
ftr-441	734	11	in	in	ADP
ftr-441	734	12	each	each	DET
ftr-441	734	13	category	category	NOUN
ftr-441	734	14	for	for	ADP
ftr-441	734	15	the	the	DET
ftr-441	734	16	15	15	NUM
ftr-441	734	17	%	%	NOUN
ftr-441	734	18	tax	tax	NOUN
ftr-441	734	19	bracket	bracket	NOUN
ftr-441	734	20	(	(	PUNCT
ftr-441	734	21	$	$	SYM
ftr-441	734	22	49,250	49,250	NUM
ftr-441	734	23	for	for	ADP
ftr-441	734	24	joint	joint	ADJ
ftr-441	734	25	filers	filer	NOUN
ftr-441	734	26	,	,	PUNCT
ftr-441	734	27	$	$	SYM
ftr-441	734	28	41,000	41,000	NUM
ftr-441	734	29	for	for	ADP
ftr-441	734	30	heads	head	NOUN
ftr-441	734	31	of	of	ADP
ftr-441	734	32	household	household	NOUN
ftr-441	734	33	,	,	PUNCT
ftr-441	734	34	$	$	SYM
ftr-441	734	35	29,000	29,000	NUM
ftr-441	734	36	for	for	ADP
ftr-441	734	37	singles	single	NOUN
ftr-441	734	38	,	,	PUNCT
ftr-441	734	39	and	and	CCONJ
ftr-441	734	40	$	$	SYM
ftr-441	734	41	24,625	24,625	NUM
ftr-441	734	42	for	for	ADP
ftr-441	734	43	married	married	ADJ
ftr-441	734	44	filing	filing	NOUN
ftr-441	734	45	separately	separately	ADV
ftr-441	734	46	)	)	PUNCT
ftr-441	734	47	based	base	VERB
ftr-441	734	48	on	on	ADP
ftr-441	734	49	the	the	DET
ftr-441	734	50	percentage	percentage	NOUN
ftr-441	734	51	of	of	ADP
ftr-441	734	52	filers	filer	NOUN
ftr-441	734	53	in	in	ADP
ftr-441	734	54	each	each	DET
ftr-441	734	55	category	category	NOUN
ftr-441	734	56	in	in	ADP
ftr-441	734	57	1994	1994	NUM
ftr-441	734	58	(	(	PUNCT
ftr-441	734	59	joint	joint	ADJ
ftr-441	734	60	41.7	41.7	NUM
ftr-441	734	61	%	%	NOUN
ftr-441	734	62	,	,	PUNCT
ftr-441	734	63	head	head	NOUN
ftr-441	734	64	of	of	ADP
ftr-441	734	65	household	household	NOUN
ftr-441	734	66	13.0	13.0	NUM
ftr-441	734	67	%	%	NOUN
ftr-441	734	68	,	,	PUNCT
ftr-441	734	69	single	single	ADJ
ftr-441	734	70	43.0	43.0	NUM
ftr-441	734	71	%	%	NOUN
ftr-441	734	72	,	,	PUNCT
ftr-441	734	73	and	and	CCONJ
ftr-441	734	74	married	married	ADJ
ftr-441	734	75	filing	file	VERB
ftr-441	734	76	separately	separately	ADV
ftr-441	734	77	2.1	2.1	NUM
ftr-441	734	78	%	%	NOUN
ftr-441	734	79	)	)	PUNCT
ftr-441	734	80	.	.	PUNCT
ftr-441	735	1	see	see	VERB
ftr-441	735	2	irs	irs	PROPN
ftr-441	735	3	statistics	statistic	NOUN
ftr-441	735	4	of	of	ADP
ftr-441	735	5	income	income	NOUN
ftr-441	735	6	,	,	PUNCT
ftr-441	735	7	individual	individual	ADJ
ftr-441	735	8	income	income	NOUN
ftr-441	735	9	tax	tax	NOUN
ftr-441	735	10	returns	return	NOUN
ftr-441	735	11	1994	1994	NUM
ftr-441	735	12	,	,	PUNCT
ftr-441	735	13	publ	publ	NOUN
ftr-441	735	14	.	.	PUNCT
ftr-441	736	1	1304	1304	NUM
ftr-441	736	2	(	(	PUNCT
ftr-441	736	3	1997	1997	NUM
ftr-441	736	4	)	)	PUNCT
ftr-441	737	1	[	[	X
ftr-441	737	2	hereinafter	hereinafter	NOUN
ftr-441	737	3	1994	1994	NUM
ftr-441	737	4	soi	soi	ADJ
ftr-441	737	5	individual	individual	NOUN
ftr-441	737	6	]	]	PUNCT
ftr-441	737	7	,	,	PUNCT
ftr-441	737	8	table	table	NOUN
ftr-441	737	9	1.3	1.3	NUM
ftr-441	737	10	,	,	PUNCT
ftr-441	737	11	cols	cols	PROPN
ftr-441	737	12	.	.	PUNCT
ftr-441	738	1	(	(	PUNCT
ftr-441	738	2	1	1	NUM
ftr-441	738	3	)	)	PUNCT
ftr-441	738	4	,	,	PUNCT
ftr-441	738	5	(	(	PUNCT
ftr-441	738	6	3	3	NUM
ftr-441	738	7	)	)	PUNCT
ftr-441	738	8	,	,	PUNCT
ftr-441	738	9	(	(	PUNCT
ftr-441	738	10	5	5	NUM
ftr-441	738	11	)	)	PUNCT
ftr-441	738	12	,	,	PUNCT
ftr-441	738	13	(	(	PUNCT
ftr-441	738	14	7	7	NUM
ftr-441	738	15	)	)	PUNCT
ftr-441	738	16	,	,	PUNCT
ftr-441	738	17	and	and	CCONJ
ftr-441	738	18	(	(	PUNCT
ftr-441	738	19	11	11	NUM
ftr-441	738	20	)	)	PUNCT
ftr-441	738	21	,	,	PUNCT
ftr-441	738	22	at	at	ADP
ftr-441	738	23	36	36	NUM
ftr-441	738	24	-	-	SYM
ftr-441	738	25	37	37	NUM
ftr-441	738	26	.	.	PUNCT
ftr-441	739	1	the	the	DET
ftr-441	739	2	result	result	NOUN
ftr-441	739	3	was	be	AUX
ftr-441	739	4	an	an	DET
ftr-441	739	5	estimated	estimate	VERB
ftr-441	739	6	,	,	PUNCT
ftr-441	739	7	overall	overall	ADJ
ftr-441	739	8	agi	agi	PROPN
ftr-441	739	9	cut	cut	NOUN
ftr-441	739	10	-	-	PUNCT
ftr-441	739	11	off	off	NOUN
ftr-441	739	12	in	in	ADP
ftr-441	739	13	1994	1994	NUM
ftr-441	739	14	for	for	ADP
ftr-441	739	15	the	the	DET
ftr-441	739	16	15	15	NUM
ftr-441	739	17	%	%	NOUN
ftr-441	739	18	tax	tax	NOUN
ftr-441	739	19	bracket	bracket	NOUN
ftr-441	739	20	of	of	ADP
ftr-441	739	21	$	$	SYM
ftr-441	739	22	38,854	38,854	NUM
ftr-441	739	23	(	(	PUNCT
ftr-441	739	24	$	$	SYM
ftr-441	739	25	49,250	49,250	NUM
ftr-441	739	26	x	x	SYM
ftr-441	739	27	41.7	41.7	NUM
ftr-441	739	28	%	%	NOUN
ftr-441	739	29	+	+	CCONJ
ftr-441	739	30	$	$	SYM
ftr-441	739	31	41,000	41,000	NUM
ftr-441	739	32	x	x	SYM
ftr-441	739	33	13.0	13.0	NUM
ftr-441	739	34	%	%	NOUN
ftr-441	739	35	+	+	CCONJ
ftr-441	739	36	$	$	SYM
ftr-441	739	37	29,000	29,000	NUM
ftr-441	739	38	x	x	SYM
ftr-441	739	39	43.0	43.0	NUM
ftr-441	739	40	%	%	NOUN
ftr-441	739	41	+	+	CCONJ
ftr-441	739	42	$	$	SYM
ftr-441	739	43	24,625	24,625	NUM
ftr-441	739	44	x	x	SYM
ftr-441	739	45	2.1	2.1	NUM
ftr-441	739	46	%	%	NOUN
ftr-441	739	47	)	)	PUNCT
ftr-441	739	48	.	.	PUNCT
ftr-441	740	1	because	because	SCONJ
ftr-441	740	2	the	the	DET
ftr-441	740	3	minimum	minimum	ADJ
ftr-441	740	4	number	number	NOUN
ftr-441	740	5	of	of	ADP
ftr-441	740	6	exemptions	exemption	NOUN
ftr-441	740	7	and	and	CCONJ
ftr-441	740	8	the	the	DET
ftr-441	740	9	standard	standard	ADJ
ftr-441	740	10	deduction	deduction	NOUN
ftr-441	740	11	were	be	AUX
ftr-441	740	12	both	both	PRON
ftr-441	740	13	assumed	assume	VERB
ftr-441	740	14	,	,	PUNCT
ftr-441	740	15	the	the	DET
ftr-441	740	16	actual	actual	ADJ
ftr-441	740	17	figure	figure	NOUN
ftr-441	740	18	would	would	AUX
ftr-441	740	19	be	be	AUX
ftr-441	740	20	higher	high	ADJ
ftr-441	740	21	than	than	ADP
ftr-441	740	22	$	$	SYM
ftr-441	740	23	38,854	38,854	NUM
ftr-441	740	24	,	,	PUNCT
ftr-441	740	25	hence	hence	ADV
ftr-441	740	26	the	the	DET
ftr-441	740	27	assumption	assumption	NOUN
ftr-441	740	28	of	of	ADP
ftr-441	740	29	about	about	ADV
ftr-441	740	30	$	$	SYM
ftr-441	740	31	40,000	40,000	NUM
ftr-441	740	32	in	in	ADP
ftr-441	740	33	the	the	DET
ftr-441	740	34	text	text	NOUN
ftr-441	740	35	.	.	PUNCT
ftr-441	741	1	another	another	DET
ftr-441	741	2	recent	recent	ADJ
ftr-441	741	3	study	study	NOUN
ftr-441	741	4	has	have	AUX
ftr-441	741	5	estimated	estimate	VERB
ftr-441	741	6	that	that	SCONJ
ftr-441	741	7	in	in	ADP
ftr-441	741	8	1994	1994	NUM
ftr-441	741	9	,	,	PUNCT
ftr-441	741	10	there	there	PRON
ftr-441	741	11	were	be	VERB
ftr-441	741	12	approximately	approximately	ADV
ftr-441	741	13	25,562,000	25,562,000	NUM
ftr-441	741	14	returns	return	NOUN
ftr-441	741	15	filed	file	VERB
ftr-441	741	16	by	by	ADP
ftr-441	741	17	taxpayers	taxpayer	NOUN
ftr-441	741	18	in	in	ADP
ftr-441	741	19	the	the	DET
ftr-441	741	20	28	28	NUM
ftr-441	741	21	%	%	NOUN
ftr-441	741	22	or	or	CCONJ
ftr-441	741	23	higher	high	ADJ
ftr-441	741	24	tax	tax	NOUN
ftr-441	741	25	bracket	bracket	NOUN
ftr-441	741	26	.	.	PUNCT
ftr-441	742	1	see	see	VERB
ftr-441	742	2	therese	therese	PROPN
ftr-441	742	3	m.	m.	NOUN
ftr-441	742	4	cruciano	cruciano	PROPN
ftr-441	742	5	,	,	PUNCT
ftr-441	742	6	individual	individual	ADJ
ftr-441	742	7	income	income	NOUN
ftr-441	742	8	tax	tax	NOUN
ftr-441	742	9	rates	rate	NOUN
ftr-441	742	10	and	and	CCONJ
ftr-441	742	11	tax	tax	NOUN
ftr-441	742	12	shares	share	NOUN
ftr-441	742	13	,	,	PUNCT
ftr-441	742	14	1994	1994	NUM
ftr-441	742	15	,	,	PUNCT
ftr-441	742	16	16	16	NUM
ftr-441	742	17	soi	soi	ADJ
ftr-441	742	18	bulletin	bulletin	NOUN
ftr-441	742	19	7	7	NUM
ftr-441	742	20	,	,	PUNCT
ftr-441	742	21	10	10	NUM
ftr-441	742	22	(	(	PUNCT
ftr-441	742	23	spring	spring	NOUN
ftr-441	742	24	1997	1997	NUM
ftr-441	742	25	)	)	PUNCT
ftr-441	742	26	(	(	PUNCT
ftr-441	742	27	figure	figure	NOUN
ftr-441	742	28	c	c	NOUN
ftr-441	742	29	)	)	PUNCT
ftr-441	742	30	.	.	PUNCT
ftr-441	743	1	counting	count	VERB
ftr-441	743	2	up	up	ADP
ftr-441	743	3	from	from	ADP
ftr-441	743	4	the	the	DET
ftr-441	743	5	bottom	bottom	NOUN
ftr-441	743	6	of	of	ADP
ftr-441	743	7	column	column	NOUN
ftr-441	743	8	(	(	PUNCT
ftr-441	743	9	2	2	NUM
ftr-441	743	10	)	)	PUNCT
ftr-441	743	11	of	of	ADP
ftr-441	743	12	table	table	NOUN
ftr-441	743	13	1	1	NUM
ftr-441	743	14	indicates	indicate	VERB
ftr-441	743	15	that	that	SCONJ
ftr-441	743	16	the	the	DET
ftr-441	743	17	break	break	NOUN
ftr-441	743	18	between	between	ADP
ftr-441	743	19	the	the	DET
ftr-441	743	20	15	15	NUM
ftr-441	743	21	%	%	NOUN
ftr-441	743	22	and	and	CCONJ
ftr-441	743	23	28	28	NUM
ftr-441	743	24	%	%	NOUN
ftr-441	743	25	tax	tax	NOUN
ftr-441	743	26	brackets	bracket	NOUN
ftr-441	743	27	occurs	occur	VERB
ftr-441	743	28	somewhere	somewhere	ADV
ftr-441	743	29	between	between	ADP
ftr-441	743	30	$	$	SYM
ftr-441	743	31	40,000	40,000	NUM
ftr-441	743	32	and	and	CCONJ
ftr-441	743	33	$	$	SYM
ftr-441	743	34	50,000	50,000	NUM
ftr-441	743	35	of	of	ADP
ftr-441	743	36	agi	agi	NOUN
ftr-441	743	37	.	.	PUNCT
ftr-441	744	1	92	92	NUM
ftr-441	744	2	.	.	PUNCT
ftr-441	744	3	table	table	NOUN
ftr-441	744	4	1	1	NUM
ftr-441	744	5	,	,	PUNCT
ftr-441	744	6	col	col	PROPN
ftr-441	744	7	.	.	PROPN
ftr-441	744	8	(	(	PUNCT
ftr-441	744	9	13	13	NUM
ftr-441	744	10	)	)	PUNCT
ftr-441	744	11	,	,	PUNCT
ftr-441	744	12	line	line	NOUN
ftr-441	744	13	8	8	NUM
ftr-441	744	14	.	.	PUNCT
ftr-441	744	15	93	93	NUM
ftr-441	744	16	.	.	PUNCT
ftr-441	745	1	table	table	NOUN
ftr-441	745	2	1	1	NUM
ftr-441	745	3	,	,	PUNCT
ftr-441	745	4	col	col	PROPN
ftr-441	745	5	.	.	PROPN
ftr-441	745	6	(	(	PUNCT
ftr-441	745	7	4	4	NUM
ftr-441	745	8	)	)	PUNCT
ftr-441	745	9	,	,	PUNCT
ftr-441	745	10	line	line	NOUN
ftr-441	745	11	8	8	NUM
ftr-441	745	12	.	.	PUNCT
ftr-441	745	13	94	94	NUM
ftr-441	745	14	.	.	PUNCT
ftr-441	745	15	1994	1994	NUM
ftr-441	745	16	soi	soi	PROPN
ftr-441	745	17	individual	individual	PROPN
ftr-441	745	18	,	,	PUNCT
ftr-441	745	19	supra	supra	PROPN
ftr-441	745	20	note	note	NOUN
ftr-441	745	21	91	91	NUM
ftr-441	745	22	,	,	PUNCT
ftr-441	745	23	table	table	NOUN
ftr-441	745	24	1.4	1.4	NUM
ftr-441	745	25	,	,	PUNCT
ftr-441	745	26	cols	cols	PROPN
ftr-441	745	27	.	.	PUNCT
ftr-441	746	1	(	(	PUNCT
ftr-441	746	2	73	73	NUM
ftr-441	746	3	)	)	PUNCT
ftr-441	746	4	and	and	CCONJ
ftr-441	746	5	(	(	PUNCT
ftr-441	746	6	75	75	NUM
ftr-441	746	7	)	)	PUNCT
ftr-441	746	8	,	,	PUNCT
ftr-441	746	9	at	at	ADP
ftr-441	746	10	44	44	NUM
ftr-441	746	11	,	,	PUNCT
ftr-441	746	12	and	and	CCONJ
ftr-441	746	13	pp	pp	ADV
ftr-441	746	14	.	.	PUNCT
ftr-441	747	1	126	126	NUM
ftr-441	747	2	-	-	SYM
ftr-441	747	3	27	27	NUM
ftr-441	747	4	.	.	PUNCT
ftr-441	748	1	[	[	X
ftr-441	748	2	vol	vol	NOUN
ftr-441	748	3	4:3	4:3	NUM
ftr-441	748	4	the	the	DET
ftr-441	748	5	future	future	ADJ
ftr-441	748	6	taxation	taxation	NOUN
ftr-441	748	7	of	of	ADP
ftr-441	748	8	private	private	ADJ
ftr-441	748	9	business	business	NOUN
ftr-441	748	10	firms	firm	NOUN
ftr-441	748	11	thus	thus	ADV
ftr-441	748	12	,	,	PUNCT
ftr-441	748	13	as	as	SCONJ
ftr-441	748	14	one	one	PRON
ftr-441	748	15	might	might	AUX
ftr-441	748	16	expect	expect	VERB
ftr-441	748	17	,	,	PUNCT
ftr-441	748	18	individual	individual	ADJ
ftr-441	748	19	participants	participant	NOUN
ftr-441	748	20	in	in	ADP
ftr-441	748	21	partnerships	partnership	NOUN
ftr-441	748	22	or	or	CCONJ
ftr-441	748	23	subchapter	subchapter	NOUN
ftr-441	748	24	s	s	PART
ftr-441	748	25	corporations	corporation	NOUN
ftr-441	748	26	in	in	ADP
ftr-441	748	27	1994	1994	NUM
ftr-441	748	28	were	be	AUX
ftr-441	748	29	,	,	PUNCT
ftr-441	748	30	on	on	ADP
ftr-441	748	31	average	average	ADJ
ftr-441	748	32	,	,	PUNCT
ftr-441	748	33	in	in	ADP
ftr-441	748	34	higher	high	ADJ
ftr-441	748	35	income	income	NOUN
ftr-441	748	36	tax	tax	NOUN
ftr-441	748	37	brackets	bracket	NOUN
ftr-441	748	38	than	than	ADP
ftr-441	748	39	tax	tax	NOUN
ftr-441	748	40	return	return	NOUN
ftr-441	748	41	filers	filer	NOUN
ftr-441	748	42	generally	generally	ADV
ftr-441	748	43	,	,	PUNCT
ftr-441	748	44	with	with	ADP
ftr-441	748	45	almost	almost	ADV
ftr-441	748	46	two	two	NUM
ftr-441	748	47	-	-	PUNCT
ftr-441	748	48	thirds	third	NOUN
ftr-441	748	49	of	of	ADP
ftr-441	748	50	those	those	PRON
ftr-441	748	51	reporting	report	VERB
ftr-441	748	52	k	k	PROPN
ftr-441	748	53	or	or	CCONJ
ftr-441	748	54	s	s	NOUN
ftr-441	748	55	items	item	NOUN
ftr-441	748	56	belonging	belong	VERB
ftr-441	748	57	in	in	ADP
ftr-441	748	58	the	the	DET
ftr-441	748	59	28	28	NUM
ftr-441	748	60	%	%	NOUN
ftr-441	748	61	tax	tax	NOUN
ftr-441	748	62	bracket	bracket	NOUN
ftr-441	748	63	or	or	CCONJ
ftr-441	748	64	higher	high	ADJ
ftr-441	748	65	.	.	PUNCT
ftr-441	749	1	nevertheless	nevertheless	ADV
ftr-441	749	2	,	,	PUNCT
ftr-441	749	3	there	there	PRON
ftr-441	749	4	were	be	VERB
ftr-441	749	5	a	a	DET
ftr-441	749	6	surprisingly	surprisingly	ADV
ftr-441	749	7	high	high	ADJ
ftr-441	749	8	number	number	NOUN
ftr-441	749	9	of	of	ADP
ftr-441	749	10	low	low	ADJ
ftr-441	749	11	-	-	PUNCT
ftr-441	749	12	bracket	bracket	NOUN
ftr-441	749	13	k	k	NOUN
ftr-441	749	14	or	or	CCONJ
ftr-441	749	15	s	s	VERB
ftr-441	749	16	individual	individual	ADJ
ftr-441	749	17	participants	participant	NOUN
ftr-441	749	18	as	as	ADV
ftr-441	749	19	well	well	ADV
ftr-441	749	20	.	.	PUNCT
ftr-441	750	1	this	this	DET
ftr-441	750	2	conclusion	conclusion	NOUN
ftr-441	750	3	might	might	AUX
ftr-441	750	4	suggest	suggest	VERB
ftr-441	750	5	that	that	SCONJ
ftr-441	750	6	there	there	PRON
ftr-441	750	7	would	would	AUX
ftr-441	750	8	be	be	AUX
ftr-441	750	9	ample	ample	ADJ
ftr-441	750	10	opportunity	opportunity	NOUN
ftr-441	750	11	for	for	ADP
ftr-441	750	12	income	income	NOUN
ftr-441	750	13	shifting	shift	VERB
ftr-441	750	14	between	between	ADP
ftr-441	750	15	lowand	lowand	ADJ
ftr-441	750	16	high	high	ADJ
ftr-441	750	17	-	-	PUNCT
ftr-441	750	18	bracket	bracket	NOUN
ftr-441	750	19	owners	owner	NOUN
ftr-441	750	20	of	of	ADP
ftr-441	750	21	a	a	DET
ftr-441	750	22	private	private	ADJ
ftr-441	750	23	business	business	NOUN
ftr-441	750	24	firm	firm	NOUN
ftr-441	750	25	.	.	PUNCT
ftr-441	751	1	for	for	ADP
ftr-441	751	2	a	a	DET
ftr-441	751	3	number	number	NOUN
ftr-441	751	4	of	of	ADP
ftr-441	751	5	reasons	reason	NOUN
ftr-441	751	6	,	,	PUNCT
ftr-441	751	7	however	however	ADV
ftr-441	751	8	,	,	PUNCT
ftr-441	751	9	the	the	DET
ftr-441	751	10	figures	figure	NOUN
ftr-441	751	11	probably	probably	ADV
ftr-441	751	12	exaggerate	exaggerate	VERB
ftr-441	751	13	the	the	DET
ftr-441	751	14	extent	extent	NOUN
ftr-441	751	15	of	of	ADP
ftr-441	751	16	that	that	DET
ftr-441	751	17	potential	potential	ADJ
ftr-441	751	18	problem	problem	NOUN
ftr-441	751	19	if	if	SCONJ
ftr-441	751	20	the	the	DET
ftr-441	751	21	firm	firm	NOUN
ftr-441	751	22	is	be	AUX
ftr-441	751	23	limited	limit	VERB
ftr-441	751	24	to	to	ADP
ftr-441	751	25	individual	individual	ADJ
ftr-441	751	26	owners	owner	NOUN
ftr-441	751	27	.	.	PUNCT
ftr-441	752	1	for	for	ADP
ftr-441	752	2	one	one	NUM
ftr-441	752	3	thing	thing	NOUN
ftr-441	752	4	,	,	PUNCT
ftr-441	752	5	low	low	ADJ
ftr-441	752	6	-	-	PUNCT
ftr-441	752	7	bracket	bracket	NOUN
ftr-441	752	8	taxpayers	taxpayer	NOUN
ftr-441	752	9	may	may	AUX
ftr-441	752	10	pair	pair	VERB
ftr-441	752	11	up	up	ADP
ftr-441	752	12	with	with	ADP
ftr-441	752	13	one	one	NUM
ftr-441	752	14	another	another	DET
ftr-441	752	15	to	to	PART
ftr-441	752	16	participate	participate	VERB
ftr-441	752	17	in	in	ADP
ftr-441	752	18	a	a	DET
ftr-441	752	19	common	common	ADJ
ftr-441	752	20	private	private	ADJ
ftr-441	752	21	business	business	NOUN
ftr-441	752	22	firm	firm	NOUN
ftr-441	752	23	.	.	PUNCT
ftr-441	753	1	although	although	SCONJ
ftr-441	753	2	pairing	pair	VERB
ftr-441	753	3	of	of	ADP
ftr-441	753	4	that	that	DET
ftr-441	753	5	sort	sort	NOUN
ftr-441	753	6	would	would	AUX
ftr-441	753	7	increase	increase	VERB
ftr-441	753	8	their	their	PRON
ftr-441	753	9	overall	overall	ADJ
ftr-441	753	10	participation	participation	NOUN
ftr-441	753	11	rate	rate	NOUN
ftr-441	753	12	in	in	ADP
ftr-441	753	13	such	such	ADJ
ftr-441	753	14	ventures	venture	NOUN
ftr-441	753	15	,	,	PUNCT
ftr-441	753	16	it	it	PRON
ftr-441	753	17	would	would	AUX
ftr-441	753	18	not	not	PART
ftr-441	753	19	create	create	VERB
ftr-441	753	20	a	a	DET
ftr-441	753	21	significant	significant	ADJ
ftr-441	753	22	concern	concern	NOUN
ftr-441	753	23	of	of	ADP
ftr-441	753	24	tax	tax	NOUN
ftr-441	753	25	item	item	NOUN
ftr-441	753	26	shifting	shift	VERB
ftr-441	753	27	.	.	PUNCT
ftr-441	754	1	second	second	ADV
ftr-441	754	2	,	,	PUNCT
ftr-441	754	3	the	the	DET
ftr-441	754	4	figures	figure	NOUN
ftr-441	754	5	in	in	ADP
ftr-441	754	6	table	table	NOUN
ftr-441	754	7	1	1	NUM
ftr-441	754	8	indicate	indicate	VERB
ftr-441	754	9	the	the	DET
ftr-441	754	10	likely	likely	ADJ
ftr-441	754	11	tax	tax	NOUN
ftr-441	754	12	bracket	bracket	NOUN
ftr-441	754	13	of	of	ADP
ftr-441	754	14	partners	partner	NOUN
ftr-441	754	15	and	and	CCONJ
ftr-441	754	16	s	s	VERB
ftr-441	754	17	corporation	corporation	NOUN
ftr-441	754	18	shareholders	shareholder	NOUN
ftr-441	754	19	after	after	SCONJ
ftr-441	754	20	their	their	PRON
ftr-441	754	21	share	share	NOUN
ftr-441	754	22	of	of	ADP
ftr-441	754	23	pass	pass	VERB
ftr-441	754	24	-	-	PUNCT
ftr-441	754	25	through	through	ADP
ftr-441	754	26	income	income	NOUN
ftr-441	754	27	or	or	CCONJ
ftr-441	754	28	loss	loss	NOUN
ftr-441	754	29	is	be	AUX
ftr-441	754	30	taken	take	VERB
ftr-441	754	31	into	into	ADP
ftr-441	754	32	account	account	NOUN
ftr-441	754	33	.	.	PUNCT
ftr-441	755	1	but	but	CCONJ
ftr-441	755	2	to	to	PART
ftr-441	755	3	evaluate	evaluate	VERB
ftr-441	755	4	the	the	DET
ftr-441	755	5	potential	potential	ADJ
ftr-441	755	6	availability	availability	NOUN
ftr-441	755	7	of	of	ADP
ftr-441	755	8	a	a	DET
ftr-441	755	9	shifting	shift	VERB
ftr-441	755	10	strategy	strategy	NOUN
ftr-441	755	11	from	from	ADP
ftr-441	755	12	investment	investment	NOUN
ftr-441	755	13	in	in	ADP
ftr-441	755	14	a	a	DET
ftr-441	755	15	pass	pass	VERB
ftr-441	755	16	-	-	PUNCT
ftr-441	755	17	through	through	ADP
ftr-441	755	18	entity	entity	NOUN
ftr-441	755	19	,	,	PUNCT
ftr-441	755	20	the	the	DET
ftr-441	755	21	tax	tax	NOUN
ftr-441	755	22	bracket	bracket	NOUN
ftr-441	755	23	of	of	ADP
ftr-441	755	24	the	the	DET
ftr-441	755	25	participants	participant	NOUN
ftr-441	755	26	should	should	AUX
ftr-441	755	27	be	be	AUX
ftr-441	755	28	known	know	VERB
ftr-441	755	29	before	before	ADP
ftr-441	755	30	taking	take	VERB
ftr-441	755	31	into	into	ADP
ftr-441	755	32	account	account	NOUN
ftr-441	755	33	their	their	PRON
ftr-441	755	34	share	share	NOUN
ftr-441	755	35	of	of	ADP
ftr-441	755	36	pass	pass	VERB
ftr-441	755	37	-	-	PUNCT
ftr-441	755	38	through	through	ADP
ftr-441	755	39	items	item	NOUN
ftr-441	755	40	.	.	PUNCT
ftr-441	756	1	for	for	ADP
ftr-441	756	2	example	example	NOUN
ftr-441	756	3	,	,	PUNCT
ftr-441	756	4	two	two	NUM
ftr-441	756	5	high	high	ADJ
ftr-441	756	6	-	-	PUNCT
ftr-441	756	7	income	income	NOUN
ftr-441	756	8	partners	partner	NOUN
ftr-441	756	9	might	might	AUX
ftr-441	756	10	shelter	shelter	VERB
ftr-441	756	11	most	most	ADV
ftr-441	756	12	or	or	CCONJ
ftr-441	756	13	all	all	PRON
ftr-441	756	14	of	of	ADP
ftr-441	756	15	their	their	PRON
ftr-441	756	16	income	income	NOUN
ftr-441	756	17	through	through	ADP
ftr-441	756	18	losses	loss	NOUN
ftr-441	756	19	generated	generate	VERB
ftr-441	756	20	by	by	ADP
ftr-441	756	21	their	their	PRON
ftr-441	756	22	two	two	NUM
ftr-441	756	23	-	-	PUNCT
ftr-441	756	24	person	person	NOUN
ftr-441	756	25	partnership	partnership	NOUN
ftr-441	756	26	,	,	PUNCT
ftr-441	756	27	thereby	thereby	ADV
ftr-441	756	28	making	make	VERB
ftr-441	756	29	them	they	PRON
ftr-441	756	30	both	both	PRON
ftr-441	756	31	appear	appear	VERB
ftr-441	756	32	to	to	PART
ftr-441	756	33	be	be	AUX
ftr-441	756	34	low	low	ADJ
ftr-441	756	35	-	-	PUNCT
ftr-441	756	36	bracket	bracket	NOUN
ftr-441	756	37	taxpayers	taxpayer	NOUN
ftr-441	756	38	after	after	SCONJ
ftr-441	756	39	such	such	ADJ
ftr-441	756	40	losses	loss	NOUN
ftr-441	756	41	are	be	AUX
ftr-441	756	42	taken	take	VERB
ftr-441	756	43	into	into	ADP
ftr-441	756	44	account	account	NOUN
ftr-441	756	45	.	.	PUNCT
ftr-441	757	1	yet	yet	CCONJ
ftr-441	757	2	that	that	DET
ftr-441	757	3	sheltering	sheltering	NOUN
ftr-441	757	4	would	would	AUX
ftr-441	757	5	not	not	PART
ftr-441	757	6	result	result	VERB
ftr-441	757	7	from	from	ADP
ftr-441	757	8	an	an	DET
ftr-441	757	9	inappropriate	inappropriate	ADJ
ftr-441	757	10	shifting	shifting	NOUN
ftr-441	757	11	of	of	ADP
ftr-441	757	12	tax	tax	NOUN
ftr-441	757	13	items	item	NOUN
ftr-441	757	14	between	between	ADP
ftr-441	757	15	high	high	ADJ
ftr-441	757	16	and	and	CCONJ
ftr-441	757	17	low	low	ADJ
ftr-441	757	18	-	-	PUNCT
ftr-441	757	19	bracket	bracket	NOUN
ftr-441	757	20	taxpayers	taxpayer	NOUN
ftr-441	757	21	,	,	PUNCT
ftr-441	757	22	nor	nor	CCONJ
ftr-441	757	23	would	would	AUX
ftr-441	757	24	that	that	DET
ftr-441	757	25	outcome	outcome	NOUN
ftr-441	757	26	be	be	AUX
ftr-441	757	27	possible	possible	ADJ
ftr-441	757	28	under	under	ADP
ftr-441	757	29	those	those	DET
ftr-441	757	30	facts	fact	NOUN
ftr-441	757	31	.	.	PUNCT
ftr-441	758	1	there	there	PRON
ftr-441	758	2	is	be	VERB
ftr-441	758	3	some	some	DET
ftr-441	758	4	evidence	evidence	NOUN
ftr-441	758	5	in	in	ADP
ftr-441	758	6	the	the	DET
ftr-441	758	7	data	datum	NOUN
ftr-441	758	8	to	to	PART
ftr-441	758	9	support	support	VERB
ftr-441	758	10	this	this	DET
ftr-441	758	11	explanation	explanation	NOUN
ftr-441	758	12	as	as	ADP
ftr-441	758	13	one	one	NUM
ftr-441	758	14	reason	reason	NOUN
ftr-441	758	15	for	for	ADP
ftr-441	758	16	the	the	DET
ftr-441	758	17	surprisingly	surprisingly	ADV
ftr-441	758	18	high	high	ADJ
ftr-441	758	19	level	level	NOUN
ftr-441	758	20	of	of	ADP
ftr-441	758	21	participation	participation	NOUN
ftr-441	758	22	shown	show	VERB
ftr-441	758	23	by	by	ADP
ftr-441	758	24	table	table	NOUN
ftr-441	758	25	1	1	NUM
ftr-441	758	26	of	of	ADP
ftr-441	758	27	low	low	ADJ
ftr-441	758	28	-	-	PUNCT
ftr-441	758	29	bracket	bracket	NOUN
ftr-441	758	30	taxpayers	taxpayer	NOUN
ftr-441	758	31	in	in	ADP
ftr-441	758	32	partnerships	partnership	NOUN
ftr-441	758	33	and	and	CCONJ
ftr-441	758	34	s	s	NOUN
ftr-441	758	35	corporations.95	corporations.95	NOUN
ftr-441	758	36	third	third	ADJ
ftr-441	758	37	,	,	PUNCT
ftr-441	758	38	a	a	DET
ftr-441	758	39	small	small	ADJ
ftr-441	758	40	number	number	NOUN
ftr-441	758	41	of	of	ADP
ftr-441	758	42	low	low	ADJ
ftr-441	758	43	-	-	PUNCT
ftr-441	758	44	bracket	bracket	NOUN
ftr-441	758	45	taxpayers	taxpayer	NOUN
ftr-441	758	46	reporting	report	VERB
ftr-441	758	47	partnership	partnership	NOUN
ftr-441	758	48	or	or	CCONJ
ftr-441	758	49	s	s	NOUN
ftr-441	758	50	corporation	corporation	NOUN
ftr-441	758	51	income	income	NOUN
ftr-441	758	52	or	or	CCONJ
ftr-441	758	53	loss	loss	NOUN
ftr-441	758	54	in	in	ADP
ftr-441	758	55	1994	1994	NUM
ftr-441	758	56	apparently	apparently	ADV
ftr-441	758	57	were	be	AUX
ftr-441	758	58	subject	subject	ADJ
ftr-441	758	59	to	to	ADP
ftr-441	758	60	the	the	DET
ftr-441	758	61	95	95	NUM
ftr-441	758	62	.	.	PUNCT
ftr-441	759	1	of	of	ADP
ftr-441	759	2	those	those	DET
ftr-441	759	3	taxpayers	taxpayer	NOUN
ftr-441	759	4	reporting	report	VERB
ftr-441	759	5	k	k	PROPN
ftr-441	759	6	or	or	CCONJ
ftr-441	759	7	s	s	VERB
ftr-441	759	8	net	net	ADJ
ftr-441	759	9	income	income	NOUN
ftr-441	759	10	,	,	PUNCT
ftr-441	759	11	only	only	ADV
ftr-441	759	12	1.3	1.3	NUM
ftr-441	759	13	%	%	NOUN
ftr-441	759	14	were	be	AUX
ftr-441	759	15	in	in	ADP
ftr-441	759	16	the	the	DET
ftr-441	759	17	so	so	ADV
ftr-441	759	18	agi	agi	NOUN
ftr-441	759	19	class	class	NOUN
ftr-441	759	20	.	.	PUNCT
ftr-441	760	1	in	in	ADP
ftr-441	760	2	contrast	contrast	NOUN
ftr-441	760	3	,	,	PUNCT
ftr-441	760	4	of	of	ADP
ftr-441	760	5	those	those	DET
ftr-441	760	6	taxpayers	taxpayer	NOUN
ftr-441	760	7	reporting	report	VERB
ftr-441	760	8	k	k	PROPN
ftr-441	760	9	or	or	CCONJ
ftr-441	760	10	s	s	VERB
ftr-441	760	11	net	net	ADJ
ftr-441	760	12	loss	loss	NOUN
ftr-441	760	13	,	,	PUNCT
ftr-441	760	14	7.3	7.3	NUM
ftr-441	760	15	%	%	NOUN
ftr-441	760	16	were	be	AUX
ftr-441	760	17	in	in	ADP
ftr-441	760	18	the	the	DET
ftr-441	760	19	$	$	SYM
ftr-441	760	20	0	0	NUM
ftr-441	760	21	agi	agi	NOUN
ftr-441	760	22	class	class	NOUN
ftr-441	760	23	.	.	PUNCT
ftr-441	761	1	see	see	VERB
ftr-441	761	2	table	table	NOUN
ftr-441	761	3	1	1	NUM
ftr-441	761	4	,	,	PUNCT
ftr-441	761	5	cols	col	NOUN
ftr-441	761	6	.	.	PUNCT
ftr-441	762	1	(	(	PUNCT
ftr-441	762	2	6	6	NUM
ftr-441	762	3	)	)	PUNCT
ftr-441	762	4	and	and	CCONJ
ftr-441	762	5	(	(	PUNCT
ftr-441	762	6	9	9	NUM
ftr-441	762	7	)	)	PUNCT
ftr-441	762	8	,	,	PUNCT
ftr-441	762	9	line	line	NOUN
ftr-441	762	10	1	1	NUM
ftr-441	762	11	.	.	PUNCT
ftr-441	763	1	in	in	ADP
ftr-441	763	2	addition	addition	NOUN
ftr-441	763	3	,	,	PUNCT
ftr-441	763	4	the	the	DET
ftr-441	763	5	amount	amount	NOUN
ftr-441	763	6	of	of	ADP
ftr-441	763	7	k	k	PROPN
ftr-441	763	8	or	or	CCONJ
ftr-441	763	9	s	s	VERB
ftr-441	763	10	net	net	ADJ
ftr-441	763	11	losses	loss	NOUN
ftr-441	763	12	claimed	claim	VERB
ftr-441	763	13	by	by	ADP
ftr-441	763	14	taxpayers	taxpayer	NOUN
ftr-441	763	15	with	with	ADP
ftr-441	763	16	$	$	SYM
ftr-441	763	17	0	0	NUM
ftr-441	763	18	agi	agi	NOUN
ftr-441	763	19	represented	represent	VERB
ftr-441	763	20	almost	almost	ADV
ftr-441	763	21	40	40	NUM
ftr-441	763	22	%	%	NOUN
ftr-441	763	23	of	of	ADP
ftr-441	763	24	all	all	DET
ftr-441	763	25	such	such	ADJ
ftr-441	763	26	losses	loss	NOUN
ftr-441	763	27	claimed	claim	VERB
ftr-441	763	28	,	,	PUNCT
ftr-441	763	29	whereas	whereas	SCONJ
ftr-441	763	30	the	the	DET
ftr-441	763	31	amount	amount	NOUN
ftr-441	763	32	of	of	ADP
ftr-441	763	33	k	k	PROPN
ftr-441	763	34	or	or	CCONJ
ftr-441	763	35	s	s	VERB
ftr-441	763	36	net	net	ADJ
ftr-441	763	37	income	income	NOUN
ftr-441	763	38	reported	report	VERB
ftr-441	763	39	by	by	ADP
ftr-441	763	40	taxpayers	taxpayer	NOUN
ftr-441	763	41	with	with	ADP
ftr-441	763	42	$	$	SYM
ftr-441	763	43	0	0	NUM
ftr-441	763	44	agi	agi	NOUN
ftr-441	763	45	represented	represent	VERB
ftr-441	763	46	less	less	ADJ
ftr-441	763	47	than	than	ADP
ftr-441	763	48	1	1	NUM
ftr-441	763	49	%	%	NOUN
ftr-441	763	50	of	of	ADP
ftr-441	763	51	all	all	DET
ftr-441	763	52	such	such	ADJ
ftr-441	763	53	income	income	NOUN
ftr-441	763	54	reported	report	VERB
ftr-441	763	55	.	.	PUNCT
ftr-441	764	1	1994	1994	NUM
ftr-441	764	2	soi	soi	PROPN
ftr-441	764	3	individual	individual	PROPN
ftr-441	764	4	,	,	PUNCT
ftr-441	764	5	supra	supra	PROPN
ftr-441	764	6	note	note	NOUN
ftr-441	764	7	91	91	NUM
ftr-441	764	8	,	,	PUNCT
ftr-441	764	9	table	table	NOUN
ftr-441	764	10	1.4	1.4	NUM
ftr-441	764	11	,	,	PUNCT
ftr-441	764	12	cols	cols	PROPN
ftr-441	764	13	.	.	PUNCT
ftr-441	765	1	(	(	PUNCT
ftr-441	765	2	74	74	NUM
ftr-441	765	3	)	)	PUNCT
ftr-441	765	4	and	and	CCONJ
ftr-441	765	5	(	(	PUNCT
ftr-441	765	6	76	76	NUM
ftr-441	765	7	)	)	PUNCT
ftr-441	765	8	.	.	PUNCT
ftr-441	766	1	at	at	ADP
ftr-441	766	2	44	44	NUM
ftr-441	766	3	.	.	PUNCT
ftr-441	767	1	these	these	DET
ftr-441	767	2	figures	figure	NOUN
ftr-441	767	3	suggest	suggest	VERB
ftr-441	767	4	that	that	SCONJ
ftr-441	767	5	k	k	PROPN
ftr-441	767	6	and	and	CCONJ
ftr-441	767	7	s	s	PROPN
ftr-441	767	8	losses	loss	NOUN
ftr-441	767	9	helped	help	VERB
ftr-441	767	10	to	to	PART
ftr-441	767	11	make	make	VERB
ftr-441	767	12	some	some	DET
ftr-441	767	13	numbers	number	NOUN
ftr-441	767	14	of	of	ADP
ftr-441	767	15	partners	partner	NOUN
ftr-441	767	16	and	and	CCONJ
ftr-441	767	17	s	s	NOUN
ftr-441	767	18	shareholders	shareholder	NOUN
ftr-441	767	19	appear	appear	VERB
ftr-441	767	20	to	to	PART
ftr-441	767	21	be	be	AUX
ftr-441	767	22	low	low	ADJ
ftr-441	767	23	-	-	PUNCT
ftr-441	767	24	bracket	bracket	NOUN
ftr-441	767	25	taxpayers	taxpayer	NOUN
ftr-441	767	26	even	even	ADV
ftr-441	767	27	though	though	SCONJ
ftr-441	767	28	before	before	SCONJ
ftr-441	767	29	such	such	ADJ
ftr-441	767	30	losses	loss	NOUN
ftr-441	767	31	are	be	AUX
ftr-441	767	32	taken	take	VERB
ftr-441	767	33	into	into	ADP
ftr-441	767	34	account	account	NOUN
ftr-441	767	35	,	,	PUNCT
ftr-441	767	36	they	they	PRON
ftr-441	767	37	may	may	AUX
ftr-441	767	38	have	have	AUX
ftr-441	767	39	been	be	AUX
ftr-441	767	40	high	high	ADJ
ftr-441	767	41	-	-	PUNCT
ftr-441	767	42	bracket	bracket	NOUN
ftr-441	767	43	taxpayers	taxpayer	NOUN
ftr-441	767	44	.	.	PUNCT
ftr-441	768	1	1999	1999	NUM
ftr-441	768	2	]	]	PUNCT
ftr-441	768	3	florida	florida	PROPN
ftr-441	768	4	tax	tax	PROPN
ftr-441	768	5	review	review	NOUN
ftr-441	768	6	alternative	alternative	ADJ
ftr-441	768	7	minimum	minimum	ADJ
ftr-441	768	8	tax.96	tax.96	NOUN
ftr-441	768	9	thus	thus	ADV
ftr-441	768	10	,	,	PUNCT
ftr-441	768	11	their	their	PRON
ftr-441	768	12	marginal	marginal	ADJ
ftr-441	768	13	income	income	NOUN
ftr-441	768	14	tax	tax	NOUN
ftr-441	768	15	bracket	bracket	NOUN
ftr-441	768	16	was	be	AUX
ftr-441	768	17	either	either	CCONJ
ftr-441	768	18	26	26	NUM
ftr-441	768	19	%	%	NOUN
ftr-441	768	20	or	or	CCONJ
ftr-441	768	21	28	28	NUM
ftr-441	768	22	%	%	NOUN
ftr-441	768	23	,	,	PUNCT
ftr-441	768	24	the	the	DET
ftr-441	768	25	minimum	minimum	ADJ
ftr-441	768	26	tax	tax	NOUN
ftr-441	768	27	rates	rate	NOUN
ftr-441	768	28	,	,	PUNCT
ftr-441	768	29	rather	rather	ADV
ftr-441	768	30	than	than	ADP
ftr-441	768	31	15	15	NUM
ftr-441	768	32	%	%	NOUN
ftr-441	768	33	or	or	CCONJ
ftr-441	768	34	lower.97	lower.97	NOUN
ftr-441	768	35	fourth	fourth	ADJ
ftr-441	768	36	,	,	PUNCT
ftr-441	768	37	the	the	DET
ftr-441	768	38	figures	figure	NOUN
ftr-441	768	39	in	in	ADP
ftr-441	768	40	table	table	NOUN
ftr-441	768	41	1	1	NUM
ftr-441	768	42	only	only	ADV
ftr-441	768	43	reflect	reflect	VERB
ftr-441	768	44	participation	participation	NOUN
ftr-441	768	45	in	in	ADP
ftr-441	768	46	partnership	partnership	NOUN
ftr-441	768	47	and	and	CCONJ
ftr-441	768	48	s	s	NOUN
ftr-441	768	49	corporation	corporation	NOUN
ftr-441	768	50	ventures	venture	NOUN
ftr-441	768	51	by	by	ADP
ftr-441	768	52	number	number	NOUN
ftr-441	768	53	of	of	ADP
ftr-441	768	54	returns	return	NOUN
ftr-441	768	55	filed	file	VERB
ftr-441	768	56	.	.	PUNCT
ftr-441	769	1	if	if	SCONJ
ftr-441	769	2	participation	participation	NOUN
ftr-441	769	3	is	be	AUX
ftr-441	769	4	measured	measure	VERB
ftr-441	769	5	by	by	ADP
ftr-441	769	6	amount	amount	NOUN
ftr-441	769	7	of	of	ADP
ftr-441	769	8	net	net	ADJ
ftr-441	769	9	income	income	NOUN
ftr-441	769	10	reported	report	VERB
ftr-441	769	11	,	,	PUNCT
ftr-441	769	12	a	a	DET
ftr-441	769	13	different	different	ADJ
ftr-441	769	14	picture	picture	NOUN
ftr-441	769	15	is	be	AUX
ftr-441	769	16	revealed	reveal	VERB
ftr-441	769	17	:	:	PUNCT
ftr-441	769	18	table	table	NOUN
ftr-441	769	19	2	2	NUM
ftr-441	769	20	amount	amount	NOUN
ftr-441	769	21	of	of	ADP
ftr-441	769	22	partnership	partnership	NOUN
ftr-441	769	23	or	or	CCONJ
ftr-441	769	24	subchapter	subchapter	NOUN
ftr-441	769	25	s	s	PART
ftr-441	769	26	net	net	ADJ
ftr-441	769	27	income	income	NOUN
ftr-441	769	28	reported	report	VERB
ftr-441	769	29	on	on	ADP
ftr-441	769	30	individual	individual	ADJ
ftr-441	769	31	income	income	NOUN
ftr-441	769	32	tax	tax	NOUN
ftr-441	769	33	returns	return	NOUN
ftr-441	769	34	,	,	PUNCT
ftr-441	769	35	by	by	ADP
ftr-441	769	36	agi	agi	NOUN
ftr-441	769	37	class	class	NOUN
ftr-441	769	38	(	(	PUNCT
ftr-441	769	39	1994	1994	NUM
ftr-441	769	40	)	)	PUNCT
ftr-441	769	41	(	(	PUNCT
ftr-441	769	42	1	1	X
ftr-441	769	43	)	)	PUNCT
ftr-441	769	44	agi	agi	NOUN
ftr-441	769	45	class	class	NOUN
ftr-441	769	46	(	(	PUNCT
ftr-441	769	47	$	$	SYM
ftr-441	769	48	000	000	NUM
ftr-441	769	49	)	)	PUNCT
ftr-441	769	50	0	0	NUM
ftr-441	770	1	1	1	NUM
ftr-441	770	2	-	-	SYM
ftr-441	770	3	598	598	NUM
ftr-441	770	4	5	5	NUM
ftr-441	770	5	-	-	SYM
ftr-441	770	6	10	10	NUM
ftr-441	770	7	10	10	NUM
ftr-441	770	8	-	-	SYM
ftr-441	770	9	15	15	NUM
ftr-441	770	10	15	15	NUM
ftr-441	770	11	-	-	SYM
ftr-441	770	12	20	20	NUM
ftr-441	770	13	20	20	NUM
ftr-441	770	14	-	-	SYM
ftr-441	770	15	25	25	NUM
ftr-441	770	16	25	25	NUM
ftr-441	770	17	-	-	SYM
ftr-441	770	18	30	30	NUM
ftr-441	770	19	30	30	NUM
ftr-441	770	20	-	-	SYM
ftr-441	770	21	40	40	NUM
ftr-441	770	22	40	40	NUM
ftr-441	770	23	-	-	SYM
ftr-441	770	24	50	50	NUM
ftr-441	770	25	50	50	NUM
ftr-441	770	26	-	-	SYM
ftr-441	770	27	75	75	NUM
ftr-441	770	28	75	75	NUM
ftr-441	770	29	-	-	SYM
ftr-441	770	30	100	100	NUM
ftr-441	770	31	100	100	NUM
ftr-441	770	32	-	-	SYM
ftr-441	770	33	200	200	NUM
ftr-441	770	34	200	200	NUM
ftr-441	770	35	-	-	SYM
ftr-441	770	36	500	500	NUM
ftr-441	770	37	500	500	NUM
ftr-441	770	38	-	-	SYM
ftr-441	770	39	1,000	1,000	NUM
ftr-441	770	40	1,000	1,000	NUM
ftr-441	770	41	+	+	CCONJ
ftr-441	770	42	total	total	ADJ
ftr-441	770	43	(	(	PUNCT
ftr-441	770	44	2	2	NUM
ftr-441	770	45	)	)	PUNCT
ftr-441	770	46	k	k	NOUN
ftr-441	770	47	or	or	CCONJ
ftr-441	770	48	s	s	PROPN
ftr-441	770	49	net	net	PROPN
ftr-441	770	50	inc	inc	PROPN
ftr-441	770	51	.	.	PROPN
ftr-441	770	52	reported	report	VERB
ftr-441	770	53	(	(	PUNCT
ftr-441	770	54	$	$	SYM
ftr-441	770	55	million	million	NUM
ftr-441	770	56	)	)	PUNCT
ftr-441	770	57	$	$	SYM
ftr-441	770	58	1,136	1,136	NUM
ftr-441	770	59	205	205	NUM
ftr-441	770	60	507	507	NUM
ftr-441	770	61	995	995	NUM
ftr-441	770	62	1,096	1,096	NUM
ftr-441	770	63	1,078	1,078	NUM
ftr-441	770	64	1,233	1,233	NUM
ftr-441	770	65	3,297	3,297	NUM
ftr-441	770	66	2,718	2,718	NUM
ftr-441	770	67	7,300	7,300	NUM
ftr-441	770	68	7,270	7,270	NUM
ftr-441	770	69	24,054	24,054	NUM
ftr-441	770	70	34,536	34,536	NUM
ftr-441	770	71	19,658	19,658	NUM
ftr-441	770	72	49,193	49,193	NUM
ftr-441	770	73	$	$	SYM
ftr-441	770	74	154,277	154,277	NUM
ftr-441	770	75	(	(	PUNCT
ftr-441	770	76	3	3	NUM
ftr-441	770	77	)	)	PUNCT
ftr-441	770	78	%	%	NOUN
ftr-441	770	79	of	of	ADP
ftr-441	770	80	tot	tot	NOUN
ftr-441	770	81	.	.	PUNCT
ftr-441	771	1	k	k	PROPN
ftr-441	771	2	or	or	CCONJ
ftr-441	771	3	s	s	PROPN
ftr-441	771	4	net	net	PROPN
ftr-441	771	5	inc	inc	PROPN
ftr-441	771	6	.	.	PROPN
ftr-441	771	7	reported	report	VERB
ftr-441	771	8	0.7	0.7	NUM
ftr-441	771	9	%	%	NOUN
ftr-441	771	10	0.1	0.1	NUM
ftr-441	771	11	%	%	NOUN
ftr-441	771	12	0.3	0.3	NUM
ftr-441	771	13	%	%	NOUN
ftr-441	771	14	0.6	0.6	NUM
ftr-441	771	15	%	%	NOUN
ftr-441	771	16	0.7	0.7	NUM
ftr-441	771	17	%	%	NOUN
ftr-441	771	18	0.7	0.7	NUM
ftr-441	771	19	%	%	NOUN
ftr-441	771	20	0.8	0.8	NUM
ftr-441	771	21	%	%	NOUN
ftr-441	771	22	2.1	2.1	NUM
ftr-441	771	23	%	%	NOUN
ftr-441	771	24	1.8	1.8	NUM
ftr-441	771	25	%	%	NOUN
ftr-441	771	26	4.7	4.7	NUM
ftr-441	771	27	%	%	NOUN
ftr-441	771	28	4.7	4.7	NUM
ftr-441	771	29	%	%	NOUN
ftr-441	771	30	15.6	15.6	NUM
ftr-441	771	31	%	%	NOUN
ftr-441	771	32	22.4	22.4	NUM
ftr-441	771	33	%	%	NOUN
ftr-441	771	34	12.7	12.7	NUM
ftr-441	771	35	%	%	NOUN
ftr-441	771	36	31.9	31.9	NUM
ftr-441	771	37	%	%	NOUN
ftr-441	771	38	(	(	PUNCT
ftr-441	771	39	4	4	NUM
ftr-441	771	40	)	)	PUNCT
ftr-441	771	41	cum	cum	ADJ
ftr-441	771	42	%	%	NOUN
ftr-441	771	43	of	of	ADP
ftr-441	771	44	col	col	PROPN
ftr-441	771	45	.	.	PROPN
ftr-441	771	46	(	(	PUNCT
ftr-441	771	47	3	3	NUM
ftr-441	771	48	)	)	PUNCT
ftr-441	771	49	0.7	0.7	NUM
ftr-441	771	50	%	%	NOUN
ftr-441	771	51	0.8	0.8	NUM
ftr-441	771	52	%	%	NOUN
ftr-441	771	53	1.1	1.1	NUM
ftr-441	771	54	%	%	NOUN
ftr-441	771	55	1.7	1.7	NUM
ftr-441	771	56	%	%	NOUN
ftr-441	771	57	2.4	2.4	NUM
ftr-441	771	58	%	%	NOUN
ftr-441	771	59	3.1	3.1	NUM
ftr-441	771	60	%	%	NOUN
ftr-441	771	61	3.9	3.9	NUM
ftr-441	771	62	%	%	NOUN
ftr-441	771	63	6.0	6.0	NUM
ftr-441	771	64	%	%	NOUN
ftr-441	771	65	7.8	7.8	NUM
ftr-441	771	66	%	%	NOUN
ftr-441	771	67	12.5	12.5	NUM
ftr-441	771	68	%	%	NOUN
ftr-441	771	69	17.2	17.2	NUM
ftr-441	771	70	%	%	NOUN
ftr-441	771	71	32.8	32.8	NUM
ftr-441	771	72	%	%	NOUN
ftr-441	771	73	55.2	55.2	NUM
ftr-441	771	74	%	%	NOUN
ftr-441	771	75	67.9	67.9	NUM
ftr-441	771	76	%	%	NOUN
ftr-441	771	77	99.8	99.8	NUM
ftr-441	771	78	%	%	NOUN
ftr-441	771	79	source	source	NOUN
ftr-441	771	80	:	:	PUNCT
ftr-441	771	81	irs	irs	PROPN
ftr-441	771	82	statistics	statistic	NOUN
ftr-441	771	83	of	of	ADP
ftr-441	771	84	income	income	NOUN
ftr-441	771	85	,	,	PUNCT
ftr-441	771	86	individual	individual	ADJ
ftr-441	771	87	income	income	NOUN
ftr-441	771	88	tax	tax	NOUN
ftr-441	771	89	returns	return	NOUN
ftr-441	771	90	1994	1994	NUM
ftr-441	771	91	,	,	PUNCT
ftr-441	771	92	publ	publ	NOUN
ftr-441	771	93	.	.	PUNCT
ftr-441	772	1	1304	1304	NUM
ftr-441	772	2	(	(	PUNCT
ftr-441	772	3	1997	1997	NUM
ftr-441	772	4	)	)	PUNCT
ftr-441	772	5	,	,	PUNCT
ftr-441	772	6	table	table	NOUN
ftr-441	772	7	1.4	1.4	NUM
ftr-441	772	8	,	,	PUNCT
ftr-441	772	9	col	col	PROPN
ftr-441	772	10	.	.	PROPN
ftr-441	772	11	(	(	PUNCT
ftr-441	772	12	74	74	NUM
ftr-441	772	13	)	)	PUNCT
ftr-441	772	14	.	.	PUNCT
ftr-441	773	1	col	col	PROPN
ftr-441	773	2	.	.	PROPN
ftr-441	773	3	(	(	PUNCT
ftr-441	773	4	4	4	X
ftr-441	773	5	)	)	PUNCT
ftr-441	773	6	does	do	AUX
ftr-441	773	7	not	not	PART
ftr-441	773	8	add	add	VERB
ftr-441	773	9	to	to	ADP
ftr-441	773	10	100	100	NUM
ftr-441	773	11	%	%	NOUN
ftr-441	773	12	due	due	ADP
ftr-441	773	13	to	to	ADP
ftr-441	773	14	rounding	round	VERB
ftr-441	773	15	.	.	PUNCT
ftr-441	774	1	96	96	NUM
ftr-441	774	2	.	.	X
ftr-441	775	1	about	about	ADV
ftr-441	775	2	93,000	93,000	NUM
ftr-441	775	3	tax	tax	NOUN
ftr-441	775	4	returns	return	NOUN
ftr-441	775	5	,	,	PUNCT
ftr-441	775	6	or	or	CCONJ
ftr-441	775	7	roughly	roughly	ADV
ftr-441	775	8	1.7	1.7	NUM
ftr-441	775	9	%	%	NOUN
ftr-441	775	10	of	of	ADP
ftr-441	775	11	all	all	DET
ftr-441	775	12	returns	return	NOUN
ftr-441	775	13	reporting	report	VERB
ftr-441	775	14	partnership	partnership	NOUN
ftr-441	775	15	or	or	CCONJ
ftr-441	775	16	s	s	NOUN
ftr-441	775	17	corporation	corporation	NOUN
ftr-441	775	18	income	income	NOUN
ftr-441	775	19	or	or	CCONJ
ftr-441	775	20	loss	loss	NOUN
ftr-441	775	21	,	,	PUNCT
ftr-441	775	22	had	have	VERB
ftr-441	775	23	agi	agi	NOUN
ftr-441	775	24	of	of	ADP
ftr-441	775	25	under	under	ADP
ftr-441	775	26	$	$	SYM
ftr-441	775	27	10,000	10,000	NUM
ftr-441	775	28	yet	yet	ADV
ftr-441	775	29	were	be	AUX
ftr-441	775	30	"	"	PUNCT
ftr-441	775	31	taxable	taxable	ADJ
ftr-441	775	32	returns	return	NOUN
ftr-441	775	33	"	"	PUNCT
ftr-441	775	34	and	and	CCONJ
ftr-441	775	35	therefore	therefore	ADV
ftr-441	775	36	reported	report	VERB
ftr-441	775	37	income	income	NOUN
ftr-441	775	38	tax	tax	NOUN
ftr-441	775	39	liability	liability	NOUN
ftr-441	775	40	.	.	PUNCT
ftr-441	776	1	see	see	VERB
ftr-441	776	2	1994	1994	NUM
ftr-441	776	3	soi	soi	PROPN
ftr-441	776	4	individual	individual	NOUN
ftr-441	776	5	,	,	PUNCT
ftr-441	776	6	supra	supra	PROPN
ftr-441	776	7	note	note	NOUN
ftr-441	776	8	91	91	NUM
ftr-441	776	9	,	,	PUNCT
ftr-441	776	10	table	table	NOUN
ftr-441	776	11	1.4	1.4	NUM
ftr-441	776	12	,	,	PUNCT
ftr-441	776	13	cols	cols	PROPN
ftr-441	776	14	.	.	PUNCT
ftr-441	777	1	(	(	PUNCT
ftr-441	777	2	73	73	NUM
ftr-441	777	3	)	)	PUNCT
ftr-441	777	4	and	and	CCONJ
ftr-441	777	5	(	(	PUNCT
ftr-441	777	6	75	75	NUM
ftr-441	777	7	)	)	PUNCT
ftr-441	777	8	,	,	PUNCT
ftr-441	777	9	at	at	ADP
ftr-441	777	10	44	44	NUM
ftr-441	777	11	,	,	PUNCT
ftr-441	777	12	and	and	CCONJ
ftr-441	777	13	pp	pp	ADV
ftr-441	777	14	.	.	PUNCT
ftr-441	778	1	126	126	NUM
ftr-441	778	2	-	-	SYM
ftr-441	778	3	27	27	NUM
ftr-441	778	4	.	.	PUNCT
ftr-441	779	1	because	because	SCONJ
ftr-441	779	2	a	a	DET
ftr-441	779	3	taxpayer	taxpayer	NOUN
ftr-441	779	4	with	with	ADP
ftr-441	779	5	agi	agi	NOUN
ftr-441	779	6	of	of	ADP
ftr-441	779	7	less	less	ADJ
ftr-441	779	8	than	than	ADP
ftr-441	779	9	$	$	SYM
ftr-441	779	10	10,000	10,000	NUM
ftr-441	779	11	probably	probably	ADV
ftr-441	779	12	had	have	VERB
ftr-441	779	13	no	no	DET
ftr-441	779	14	regular	regular	ADJ
ftr-441	779	15	income	income	NOUN
ftr-441	779	16	tax	tax	NOUN
ftr-441	779	17	liability	liability	NOUN
ftr-441	779	18	,	,	PUNCT
ftr-441	779	19	these	these	DET
ftr-441	779	20	returns	return	NOUN
ftr-441	779	21	were	be	AUX
ftr-441	779	22	likely	likely	ADV
ftr-441	779	23	reporting	report	VERB
ftr-441	779	24	minimum	minimum	ADJ
ftr-441	779	25	tax	tax	NOUN
ftr-441	779	26	.	.	PUNCT
ftr-441	780	1	97	97	NUM
ftr-441	780	2	.	.	PUNCT
ftr-441	781	1	irc	irc	PROPN
ftr-441	781	2	§	§	PROPN
ftr-441	781	3	55(b)(1)(a	55(b)(1)(a	PROPN
ftr-441	781	4	)	)	PUNCT
ftr-441	781	5	.	.	PUNCT
ftr-441	782	1	98	98	NUM
ftr-441	782	2	.	.	PUNCT
ftr-441	783	1	see	see	VERB
ftr-441	783	2	supra	supra	PROPN
ftr-441	783	3	note	note	PROPN
ftr-441	783	4	90	90	NUM
ftr-441	783	5	.	.	PUNCT
ftr-441	784	1	[	[	X
ftr-441	784	2	vol	vol	NOUN
ftr-441	784	3	4:3	4:3	NUM
ftr-441	784	4	the	the	DET
ftr-441	784	5	future	future	ADJ
ftr-441	784	6	taxation	taxation	NOUN
ftr-441	784	7	of	of	ADP
ftr-441	784	8	private	private	ADJ
ftr-441	784	9	business	business	NOUN
ftr-441	784	10	firns	firn	NOUN
ftr-441	784	11	table	table	NOUN
ftr-441	784	12	2	2	NUM
ftr-441	784	13	indicates	indicate	VERB
ftr-441	784	14	that	that	SCONJ
ftr-441	784	15	in	in	ADP
ftr-441	784	16	1994	1994	NUM
ftr-441	784	17	,	,	PUNCT
ftr-441	784	18	only	only	ADV
ftr-441	784	19	6	6	NUM
ftr-441	784	20	%	%	NOUN
ftr-441	784	21	of	of	ADP
ftr-441	784	22	total	total	ADJ
ftr-441	784	23	partnership	partnership	NOUN
ftr-441	784	24	or	or	CCONJ
ftr-441	784	25	subchapter	subchapter	NOUN
ftr-441	784	26	s	s	PART
ftr-441	784	27	net	net	ADJ
ftr-441	784	28	income	income	NOUN
ftr-441	784	29	reported	report	VERB
ftr-441	784	30	on	on	ADP
ftr-441	784	31	individual	individual	ADJ
ftr-441	784	32	income	income	NOUN
ftr-441	784	33	tax	tax	NOUN
ftr-441	784	34	returns	return	NOUN
ftr-441	784	35	was	be	AUX
ftr-441	784	36	reported	report	VERB
ftr-441	784	37	on	on	ADP
ftr-441	784	38	returns	return	NOUN
ftr-441	784	39	having	have	VERB
ftr-441	784	40	agi	agi	NOUN
ftr-441	784	41	of	of	ADP
ftr-441	784	42	less	less	ADJ
ftr-441	784	43	than	than	ADP
ftr-441	784	44	$	$	SYM
ftr-441	784	45	40,000	40,000	NUM
ftr-441	784	46	,	,	PUNCT
ftr-441	784	47	which	which	PRON
ftr-441	784	48	we	we	PRON
ftr-441	784	49	have	have	AUX
ftr-441	784	50	assumed	assume	VERB
ftr-441	784	51	to	to	PART
ftr-441	784	52	represent	represent	VERB
ftr-441	784	53	a	a	DET
ftr-441	784	54	rough	rough	ADJ
ftr-441	784	55	proxy	proxy	NOUN
ftr-441	784	56	for	for	ADP
ftr-441	784	57	taxpayers	taxpayer	NOUN
ftr-441	784	58	in	in	ADP
ftr-441	784	59	the	the	DET
ftr-441	784	60	15	15	NUM
ftr-441	784	61	%	%	NOUN
ftr-441	784	62	or	or	CCONJ
ftr-441	784	63	lower	low	ADJ
ftr-441	784	64	tax	tax	NOUN
ftr-441	784	65	bracket	bracket	NOUN
ftr-441	784	66	.	.	PUNCT
ftr-441	784	67	"	"	PUNCT
ftr-441	785	1	this	this	DET
ftr-441	785	2	figure	figure	NOUN
ftr-441	785	3	indicates	indicate	VERB
ftr-441	785	4	that	that	SCONJ
ftr-441	785	5	if	if	SCONJ
ftr-441	785	6	partnerships	partnership	NOUN
ftr-441	785	7	and	and	CCONJ
ftr-441	785	8	s	s	NOUN
ftr-441	785	9	corporations	corporation	NOUN
ftr-441	785	10	were	be	AUX
ftr-441	785	11	utilized	utilize	VERB
ftr-441	785	12	previously	previously	ADV
ftr-441	785	13	to	to	PART
ftr-441	785	14	shift	shift	VERB
ftr-441	785	15	income	income	NOUN
ftr-441	785	16	from	from	ADP
ftr-441	785	17	highto	highto	NOUN
ftr-441	785	18	low	low	ADJ
ftr-441	785	19	-	-	PUNCT
ftr-441	785	20	bracket	bracket	NOUN
ftr-441	785	21	individual	individual	ADJ
ftr-441	785	22	taxpayers	taxpayer	NOUN
ftr-441	785	23	,	,	PUNCT
ftr-441	785	24	only	only	ADV
ftr-441	785	25	a	a	DET
ftr-441	785	26	relatively	relatively	ADV
ftr-441	785	27	small	small	ADJ
ftr-441	785	28	amount	amount	NOUN
ftr-441	785	29	of	of	ADP
ftr-441	785	30	income	income	NOUN
ftr-441	785	31	was	be	AUX
ftr-441	785	32	involved	involve	VERB
ftr-441	785	33	.	.	PUNCT
ftr-441	786	1	of	of	ADP
ftr-441	786	2	course	course	NOUN
ftr-441	786	3	,	,	PUNCT
ftr-441	786	4	the	the	DET
ftr-441	786	5	proposals	proposal	NOUN
ftr-441	786	6	contained	contain	VERB
ftr-441	786	7	in	in	ADP
ftr-441	786	8	this	this	DET
ftr-441	786	9	article	article	NOUN
ftr-441	786	10	might	might	AUX
ftr-441	786	11	change	change	VERB
ftr-441	786	12	that	that	DET
ftr-441	786	13	pattern	pattern	NOUN
ftr-441	786	14	in	in	ADP
ftr-441	786	15	the	the	DET
ftr-441	786	16	future	future	NOUN
ftr-441	786	17	.	.	PUNCT
ftr-441	787	1	nevertheless	nevertheless	ADV
ftr-441	787	2	,	,	PUNCT
ftr-441	787	3	the	the	DET
ftr-441	787	4	figures	figure	NOUN
ftr-441	787	5	suggest	suggest	VERB
ftr-441	787	6	that	that	SCONJ
ftr-441	787	7	at	at	ADV
ftr-441	787	8	least	least	ADV
ftr-441	787	9	historically	historically	ADV
ftr-441	787	10	,	,	PUNCT
ftr-441	787	11	such	such	ADJ
ftr-441	787	12	entities	entity	NOUN
ftr-441	787	13	have	have	AUX
ftr-441	787	14	not	not	PART
ftr-441	787	15	been	be	AUX
ftr-441	787	16	widely	widely	ADV
ftr-441	787	17	employed	employ	VERB
ftr-441	787	18	to	to	PART
ftr-441	787	19	shift	shift	VERB
ftr-441	787	20	income	income	NOUN
ftr-441	787	21	between	between	ADP
ftr-441	787	22	highand	highand	ADJ
ftr-441	787	23	low	low	ADJ
ftr-441	787	24	-	-	PUNCT
ftr-441	787	25	bracket	bracket	NOUN
ftr-441	787	26	individuals	individual	NOUN
ftr-441	787	27	.	.	PUNCT
ftr-441	787	28	"	"	PUNCT
ftr-441	788	1	°	°	NUM
ftr-441	788	2	finally	finally	ADV
ftr-441	788	3	and	and	CCONJ
ftr-441	788	4	perhaps	perhaps	ADV
ftr-441	788	5	most	most	ADV
ftr-441	788	6	importantly	importantly	ADV
ftr-441	788	7	,	,	PUNCT
ftr-441	788	8	regardless	regardless	ADV
ftr-441	788	9	of	of	ADP
ftr-441	788	10	how	how	SCONJ
ftr-441	788	11	many	many	ADJ
ftr-441	788	12	lowbracket	lowbracket	NOUN
ftr-441	788	13	taxpayers	taxpayer	NOUN
ftr-441	788	14	have	have	AUX
ftr-441	788	15	participated	participate	VERB
ftr-441	788	16	in	in	ADP
ftr-441	788	17	partnerships	partnership	NOUN
ftr-441	788	18	and	and	CCONJ
ftr-441	788	19	s	s	NOUN
ftr-441	788	20	corporations	corporation	NOUN
ftr-441	788	21	in	in	ADP
ftr-441	788	22	the	the	DET
ftr-441	788	23	past	past	NOUN
ftr-441	788	24	and	and	CCONJ
ftr-441	788	25	might	might	AUX
ftr-441	788	26	be	be	AUX
ftr-441	788	27	expected	expect	VERB
ftr-441	788	28	to	to	PART
ftr-441	788	29	participate	participate	VERB
ftr-441	788	30	in	in	ADP
ftr-441	788	31	an	an	DET
ftr-441	788	32	spbf	spbf	NOUN
ftr-441	788	33	in	in	ADP
ftr-441	788	34	the	the	DET
ftr-441	788	35	future	future	NOUN
ftr-441	788	36	,	,	PUNCT
ftr-441	788	37	they	they	PRON
ftr-441	788	38	are	be	AUX
ftr-441	788	39	able	able	ADJ
ftr-441	788	40	to	to	PART
ftr-441	788	41	shelter	shelter	VERB
ftr-441	788	42	only	only	ADV
ftr-441	788	43	a	a	DET
ftr-441	788	44	limited	limited	ADJ
ftr-441	788	45	amount	amount	NOUN
ftr-441	788	46	of	of	ADP
ftr-441	788	47	income	income	NOUN
ftr-441	788	48	before	before	ADP
ftr-441	788	49	higher	high	ADJ
ftr-441	788	50	brackets	bracket	NOUN
ftr-441	788	51	would	would	AUX
ftr-441	788	52	apply	apply	VERB
ftr-441	788	53	to	to	ADP
ftr-441	788	54	them	they	PRON
ftr-441	788	55	.	.	PUNCT
ftr-441	789	1	the	the	DET
ftr-441	789	2	one	one	NUM
ftr-441	789	3	exception	exception	NOUN
ftr-441	789	4	would	would	AUX
ftr-441	789	5	be	be	AUX
ftr-441	789	6	a	a	DET
ftr-441	789	7	zero	zero	NUM
ftr-441	789	8	-	-	PUNCT
ftr-441	789	9	bracket	bracket	NOUN
ftr-441	789	10	individual	individual	ADJ
ftr-441	789	11	taxpayer	taxpayer	NOUN
ftr-441	789	12	with	with	ADP
ftr-441	789	13	a	a	DET
ftr-441	789	14	large	large	ADJ
ftr-441	789	15	net	net	ADJ
ftr-441	789	16	operating	operating	NOUN
ftr-441	789	17	loss	loss	NOUN
ftr-441	789	18	carryover	carryover	NOUN
ftr-441	789	19	,	,	PUNCT
ftr-441	789	20	but	but	CCONJ
ftr-441	789	21	that	that	PRON
ftr-441	789	22	apparently	apparently	ADV
ftr-441	789	23	is	be	AUX
ftr-441	789	24	a	a	DET
ftr-441	789	25	fairly	fairly	ADV
ftr-441	789	26	uncommon	uncommon	ADJ
ftr-441	789	27	situation	situation	NOUN
ftr-441	789	28	.	.	PUNCT
ftr-441	789	29	''	''	PUNCT
ftr-441	790	1	thus	thus	ADV
ftr-441	790	2	,	,	PUNCT
ftr-441	790	3	the	the	DET
ftr-441	790	4	transaction	transaction	NOUN
ftr-441	790	5	costs	cost	VERB
ftr-441	790	6	to	to	PART
ftr-441	790	7	design	design	VERB
ftr-441	790	8	a	a	DET
ftr-441	790	9	tax	tax	NOUN
ftr-441	790	10	shelter	shelter	NOUN
ftr-441	790	11	involving	involve	VERB
ftr-441	790	12	lowand	lowand	ADJ
ftr-441	790	13	high	high	ADJ
ftr-441	790	14	-	-	PUNCT
ftr-441	790	15	bracket	bracket	NOUN
ftr-441	790	16	individual	individual	ADJ
ftr-441	790	17	taxpayers	taxpayer	NOUN
ftr-441	790	18	may	may	AUX
ftr-441	790	19	be	be	AUX
ftr-441	790	20	fairly	fairly	ADV
ftr-441	790	21	high	high	ADJ
ftr-441	790	22	.	.	PUNCT
ftr-441	791	1	many	many	ADJ
ftr-441	791	2	low	low	ADJ
ftr-441	791	3	-	-	PUNCT
ftr-441	791	4	bracket	bracket	NOUN
ftr-441	791	5	taxpayers	taxpayer	NOUN
ftr-441	791	6	would	would	AUX
ftr-441	791	7	have	have	VERB
ftr-441	791	8	to	to	PART
ftr-441	791	9	be	be	AUX
ftr-441	791	10	assembled	assemble	VERB
ftr-441	791	11	before	before	SCONJ
ftr-441	791	12	any	any	DET
ftr-441	791	13	significant	significant	ADJ
ftr-441	791	14	amount	amount	NOUN
ftr-441	791	15	of	of	ADP
ftr-441	791	16	income	income	NOUN
ftr-441	791	17	of	of	ADP
ftr-441	791	18	the	the	DET
ftr-441	791	19	high	high	ADJ
ftr-441	791	20	-	-	PUNCT
ftr-441	791	21	bracket	bracket	NOUN
ftr-441	791	22	taxpayers	taxpayer	NOUN
ftr-441	791	23	could	could	AUX
ftr-441	791	24	be	be	AUX
ftr-441	791	25	sheltered	shelter	VERB
ftr-441	791	26	.	.	PUNCT
ftr-441	792	1	the	the	DET
ftr-441	792	2	transaction	transaction	NOUN
ftr-441	792	3	costs	cost	NOUN
ftr-441	792	4	might	might	AUX
ftr-441	792	5	be	be	AUX
ftr-441	792	6	particularly	particularly	ADV
ftr-441	792	7	high	high	ADJ
ftr-441	792	8	if	if	SCONJ
ftr-441	792	9	one	one	NUM
ftr-441	792	10	further	far	ADV
ftr-441	792	11	assumes	assume	VERB
ftr-441	792	12	that	that	SCONJ
ftr-441	792	13	low	low	ADJ
ftr-441	792	14	-	-	PUNCT
ftr-441	792	15	bracket	bracket	NOUN
ftr-441	792	16	taxpayers	taxpayer	NOUN
ftr-441	792	17	who	who	PRON
ftr-441	792	18	truly	truly	ADV
ftr-441	792	19	have	have	VERB
ftr-441	792	20	low	low	ADJ
ftr-441	792	21	incomes	income	NOUN
ftr-441	792	22	may	may	AUX
ftr-441	792	23	be	be	AUX
ftr-441	792	24	99	99	NUM
ftr-441	792	25	.	.	PUNCT
ftr-441	792	26	table	table	NOUN
ftr-441	792	27	2	2	NUM
ftr-441	792	28	,	,	PUNCT
ftr-441	792	29	col	col	PROPN
ftr-441	792	30	.	.	PROPN
ftr-441	792	31	(	(	PUNCT
ftr-441	792	32	4	4	NUM
ftr-441	792	33	)	)	PUNCT
ftr-441	792	34	,	,	PUNCT
ftr-441	792	35	line	line	NOUN
ftr-441	792	36	8	8	NUM
ftr-441	792	37	.	.	NOUN
ftr-441	792	38	100	100	NUM
ftr-441	792	39	.	.	PUNCT
ftr-441	793	1	the	the	DET
ftr-441	793	2	same	same	ADJ
ftr-441	793	3	inference	inference	NOUN
ftr-441	793	4	can	can	AUX
ftr-441	793	5	be	be	AUX
ftr-441	793	6	drawn	draw	VERB
ftr-441	793	7	from	from	ADP
ftr-441	793	8	data	datum	NOUN
ftr-441	793	9	appearing	appear	VERB
ftr-441	793	10	on	on	ADP
ftr-441	793	11	table	table	NOUN
ftr-441	793	12	1	1	NUM
ftr-441	793	13	.	.	PUNCT
ftr-441	794	1	for	for	ADP
ftr-441	794	2	each	each	DET
ftr-441	794	3	agi	agi	NOUN
ftr-441	794	4	category	category	NOUN
ftr-441	794	5	greater	great	ADJ
ftr-441	794	6	than	than	ADP
ftr-441	794	7	$	$	SYM
ftr-441	794	8	0	0	NUM
ftr-441	794	9	and	and	CCONJ
ftr-441	794	10	less	less	ADJ
ftr-441	794	11	than	than	ADP
ftr-441	794	12	$	$	SYM
ftr-441	794	13	40,000	40,000	NUM
ftr-441	794	14	,	,	PUNCT
ftr-441	794	15	roughly	roughly	ADV
ftr-441	794	16	the	the	DET
ftr-441	794	17	same	same	ADJ
ftr-441	794	18	percentage	percentage	NOUN
ftr-441	794	19	of	of	ADP
ftr-441	794	20	taxpayers	taxpayer	NOUN
ftr-441	794	21	reported	report	VERB
ftr-441	794	22	partnership	partnership	NOUN
ftr-441	794	23	or	or	CCONJ
ftr-441	794	24	s	s	NOUN
ftr-441	794	25	corporation	corporation	NOUN
ftr-441	794	26	loss	loss	NOUN
ftr-441	794	27	as	as	ADP
ftr-441	794	28	reported	report	VERB
ftr-441	794	29	partnership	partnership	NOUN
ftr-441	794	30	or	or	CCONJ
ftr-441	794	31	s	s	NOUN
ftr-441	794	32	corporation	corporation	NOUN
ftr-441	794	33	income	income	NOUN
ftr-441	794	34	.	.	PUNCT
ftr-441	795	1	see	see	VERB
ftr-441	795	2	table	table	NOUN
ftr-441	795	3	1	1	NUM
ftr-441	795	4	,	,	PUNCT
ftr-441	795	5	cols	col	NOUN
ftr-441	795	6	.	.	PUNCT
ftr-441	796	1	(	(	PUNCT
ftr-441	796	2	6	6	NUM
ftr-441	796	3	)	)	PUNCT
ftr-441	796	4	and	and	CCONJ
ftr-441	796	5	(	(	PUNCT
ftr-441	796	6	9	9	NUM
ftr-441	796	7	)	)	PUNCT
ftr-441	796	8	,	,	PUNCT
ftr-441	796	9	lines	line	NOUN
ftr-441	796	10	(	(	PUNCT
ftr-441	796	11	2)-(8	2)-(8	NUM
ftr-441	796	12	)	)	PUNCT
ftr-441	796	13	.	.	PUNCT
ftr-441	797	1	if	if	SCONJ
ftr-441	797	2	shifting	shift	VERB
ftr-441	797	3	strategies	strategy	NOUN
ftr-441	797	4	involving	involve	VERB
ftr-441	797	5	low	low	ADJ
ftr-441	797	6	-	-	PUNCT
ftr-441	797	7	bracket	bracket	NOUN
ftr-441	797	8	individuals	individual	NOUN
ftr-441	797	9	had	have	AUX
ftr-441	797	10	been	be	AUX
ftr-441	797	11	widely	widely	ADV
ftr-441	797	12	utilized	utilize	VERB
ftr-441	797	13	,	,	PUNCT
ftr-441	797	14	one	one	PRON
ftr-441	797	15	would	would	AUX
ftr-441	797	16	expect	expect	VERB
ftr-441	797	17	to	to	PART
ftr-441	797	18	see	see	VERB
ftr-441	797	19	greater	great	ADJ
ftr-441	797	20	percentages	percentage	NOUN
ftr-441	797	21	of	of	ADP
ftr-441	797	22	the	the	DET
ftr-441	797	23	low	low	ADJ
ftr-441	797	24	agi	agi	NOUN
ftr-441	797	25	categories	category	NOUN
ftr-441	797	26	reporting	report	VERB
ftr-441	797	27	pass	pass	NOUN
ftr-441	797	28	-	-	PUNCT
ftr-441	797	29	through	through	ADP
ftr-441	797	30	income	income	NOUN
ftr-441	797	31	rather	rather	ADV
ftr-441	797	32	than	than	ADP
ftr-441	797	33	pass	pass	VERB
ftr-441	797	34	-	-	PUNCT
ftr-441	797	35	through	through	ADP
ftr-441	797	36	losses	loss	NOUN
ftr-441	797	37	.	.	PUNCT
ftr-441	798	1	101	101	NUM
ftr-441	798	2	.	.	PUNCT
ftr-441	799	1	for	for	ADP
ftr-441	799	2	1994	1994	NUM
ftr-441	799	3	,	,	PUNCT
ftr-441	799	4	only	only	ADV
ftr-441	799	5	431,277	431,277	NUM
ftr-441	799	6	individual	individual	ADJ
ftr-441	799	7	income	income	NOUN
ftr-441	799	8	tax	tax	NOUN
ftr-441	799	9	returns	return	NOUN
ftr-441	799	10	out	out	ADP
ftr-441	799	11	of	of	ADP
ftr-441	799	12	a	a	DET
ftr-441	799	13	total	total	NOUN
ftr-441	799	14	of	of	ADP
ftr-441	799	15	almost	almost	ADV
ftr-441	799	16	116	116	NUM
ftr-441	799	17	million	million	NUM
ftr-441	799	18	filed	file	VERB
ftr-441	799	19	,	,	PUNCT
ftr-441	799	20	or	or	CCONJ
ftr-441	799	21	about	about	ADV
ftr-441	799	22	0.4	0.4	NUM
ftr-441	799	23	%	%	NOUN
ftr-441	799	24	of	of	ADP
ftr-441	799	25	all	all	DET
ftr-441	799	26	individual	individual	ADJ
ftr-441	799	27	returns	return	NOUN
ftr-441	799	28	,	,	PUNCT
ftr-441	799	29	claimed	claim	VERB
ftr-441	799	30	a	a	DET
ftr-441	799	31	net	net	ADJ
ftr-441	799	32	operating	operating	NOUN
ftr-441	799	33	loss	loss	NOUN
ftr-441	799	34	deduction	deduction	NOUN
ftr-441	799	35	for	for	ADP
ftr-441	799	36	a	a	DET
ftr-441	799	37	loss	loss	NOUN
ftr-441	799	38	arising	arise	VERB
ftr-441	799	39	in	in	ADP
ftr-441	799	40	a	a	DET
ftr-441	799	41	prior	prior	ADJ
ftr-441	799	42	taxable	taxable	ADJ
ftr-441	799	43	year	year	NOUN
ftr-441	799	44	.	.	PUNCT
ftr-441	800	1	see	see	VERB
ftr-441	800	2	1994	1994	NUM
ftr-441	800	3	soi	soi	PROPN
ftr-441	800	4	individual	individual	NOUN
ftr-441	800	5	,	,	PUNCT
ftr-441	800	6	supra	supra	PROPN
ftr-441	800	7	note	note	NOUN
ftr-441	800	8	91	91	NUM
ftr-441	800	9	,	,	PUNCT
ftr-441	800	10	table	table	NOUN
ftr-441	800	11	1.4	1.4	NUM
ftr-441	800	12	,	,	PUNCT
ftr-441	800	13	col	col	PROPN
ftr-441	800	14	.	.	PROPN
ftr-441	800	15	(	(	PUNCT
ftr-441	800	16	97	97	NUM
ftr-441	800	17	)	)	PUNCT
ftr-441	800	18	,	,	PUNCT
ftr-441	800	19	at	at	ADP
ftr-441	800	20	46	46	NUM
ftr-441	800	21	.	.	PUNCT
ftr-441	801	1	(	(	PUNCT
ftr-441	801	2	the	the	DET
ftr-441	801	3	term	term	NOUN
ftr-441	801	4	"	"	PUNCT
ftr-441	801	5	net	net	ADJ
ftr-441	801	6	operating	operating	NOUN
ftr-441	801	7	loss	loss	NOUN
ftr-441	801	8	"	"	PUNCT
ftr-441	801	9	used	use	VERB
ftr-441	801	10	in	in	ADP
ftr-441	801	11	the	the	DET
ftr-441	801	12	irs	irs	PROPN
ftr-441	801	13	tables	table	NOUN
ftr-441	801	14	refers	refer	VERB
ftr-441	801	15	to	to	ADP
ftr-441	801	16	net	net	ADJ
ftr-441	801	17	operating	operating	NOUN
ftr-441	801	18	loss	loss	NOUN
ftr-441	801	19	deductions	deduction	NOUN
ftr-441	801	20	claimed	claim	VERB
ftr-441	801	21	in	in	ADP
ftr-441	801	22	1994	1994	NUM
ftr-441	801	23	for	for	ADP
ftr-441	801	24	prior	prior	ADJ
ftr-441	801	25	year	year	NOUN
ftr-441	801	26	losses	loss	NOUN
ftr-441	801	27	,	,	PUNCT
ftr-441	801	28	and	and	CCONJ
ftr-441	801	29	not	not	PART
ftr-441	801	30	to	to	ADP
ftr-441	801	31	net	net	ADJ
ftr-441	801	32	operating	operating	NOUN
ftr-441	801	33	losses	loss	NOUN
ftr-441	801	34	arising	arise	VERB
ftr-441	801	35	in	in	ADP
ftr-441	801	36	1994	1994	NUM
ftr-441	801	37	which	which	PRON
ftr-441	801	38	may	may	AUX
ftr-441	801	39	be	be	AUX
ftr-441	801	40	carried	carry	VERB
ftr-441	801	41	back	back	ADV
ftr-441	801	42	or	or	CCONJ
ftr-441	801	43	forward	forward	ADV
ftr-441	801	44	to	to	ADP
ftr-441	801	45	other	other	ADJ
ftr-441	801	46	years	year	NOUN
ftr-441	801	47	.	.	PUNCT
ftr-441	802	1	see	see	VERB
ftr-441	802	2	i	i	PRON
ftr-441	802	3	d.	d.	PROPN
ftr-441	802	4	at	at	ADP
ftr-441	802	5	118	118	NUM
ftr-441	802	6	-	-	SYM
ftr-441	802	7	19	19	NUM
ftr-441	802	8	.	.	PUNCT
ftr-441	802	9	)	)	PUNCT
ftr-441	803	1	although	although	SCONJ
ftr-441	803	2	the	the	DET
ftr-441	803	3	claiming	claiming	NOUN
ftr-441	803	4	of	of	ADP
ftr-441	803	5	an	an	DET
ftr-441	803	6	nol	nol	NOUN
ftr-441	803	7	deduction	deduction	NOUN
ftr-441	803	8	by	by	ADP
ftr-441	803	9	an	an	DET
ftr-441	803	10	individual	individual	NOUN
ftr-441	803	11	is	be	AUX
ftr-441	803	12	therefore	therefore	ADV
ftr-441	803	13	infrequent	infrequent	ADJ
ftr-441	803	14	,	,	PUNCT
ftr-441	803	15	the	the	DET
ftr-441	803	16	amount	amount	NOUN
ftr-441	803	17	of	of	ADP
ftr-441	803	18	deduction	deduction	NOUN
ftr-441	803	19	claimed	claim	VERB
ftr-441	803	20	may	may	AUX
ftr-441	803	21	be	be	AUX
ftr-441	803	22	sizable	sizable	ADJ
ftr-441	803	23	.	.	PUNCT
ftr-441	804	1	in	in	ADP
ftr-441	804	2	1994	1994	NUM
ftr-441	804	3	,	,	PUNCT
ftr-441	804	4	a	a	DET
ftr-441	804	5	total	total	NOUN
ftr-441	804	6	of	of	ADP
ftr-441	804	7	$	$	SYM
ftr-441	804	8	47.045	47.045	NUM
ftr-441	804	9	billion	billion	NUM
ftr-441	804	10	in	in	ADP
ftr-441	804	11	nol	nol	NOUN
ftr-441	804	12	deductions	deduction	NOUN
ftr-441	804	13	for	for	ADP
ftr-441	804	14	losses	loss	NOUN
ftr-441	804	15	from	from	ADP
ftr-441	804	16	prior	prior	ADJ
ftr-441	804	17	years	year	NOUN
ftr-441	804	18	were	be	AUX
ftr-441	804	19	claimed	claim	VERB
ftr-441	804	20	by	by	ADP
ftr-441	804	21	individuals	individual	NOUN
ftr-441	804	22	,	,	PUNCT
ftr-441	804	23	or	or	CCONJ
ftr-441	804	24	an	an	DET
ftr-441	804	25	average	average	ADJ
ftr-441	804	26	nol	nol	NOUN
ftr-441	804	27	deduction	deduction	NOUN
ftr-441	804	28	of	of	ADP
ftr-441	804	29	$	$	SYM
ftr-441	804	30	109,000	109,000	NUM
ftr-441	804	31	per	per	ADP
ftr-441	804	32	claim	claim	NOUN
ftr-441	804	33	.	.	PUNCT
ftr-441	805	1	see	see	VERB
ftr-441	805	2	i	i	PRON
ftr-441	805	3	d.	d.	PROPN
ftr-441	805	4	,	,	PUNCT
ftr-441	805	5	table	table	VERB
ftr-441	805	6	1.4	1.4	NUM
ftr-441	805	7	,	,	PUNCT
ftr-441	805	8	col	col	X
ftr-441	805	9	(	(	PUNCT
ftr-441	805	10	98	98	NUM
ftr-441	805	11	)	)	PUNCT
ftr-441	805	12	,	,	PUNCT
ftr-441	805	13	at	at	ADP
ftr-441	805	14	46	46	NUM
ftr-441	805	15	.	.	PUNCT
ftr-441	806	1	one	one	PRON
ftr-441	806	2	might	might	AUX
ftr-441	806	3	speculate	speculate	VERB
ftr-441	806	4	that	that	SCONJ
ftr-441	806	5	nol	nol	NOUN
ftr-441	806	6	deductions	deduction	NOUN
ftr-441	806	7	of	of	ADP
ftr-441	806	8	individuals	individual	NOUN
ftr-441	806	9	are	be	AUX
ftr-441	806	10	naturally	naturally	ADV
ftr-441	806	11	and	and	CCONJ
ftr-441	806	12	quickly	quickly	ADV
ftr-441	806	13	used	use	VERB
ftr-441	806	14	up	up	ADP
ftr-441	806	15	as	as	ADP
ftr-441	806	16	the	the	DET
ftr-441	806	17	level	level	NOUN
ftr-441	806	18	of	of	ADP
ftr-441	806	19	the	the	DET
ftr-441	806	20	individual	individual	NOUN
ftr-441	806	21	's	's	PART
ftr-441	806	22	income	income	NOUN
ftr-441	806	23	and	and	CCONJ
ftr-441	806	24	loss	loss	NOUN
ftr-441	806	25	fluctuates	fluctuate	NOUN
ftr-441	806	26	from	from	ADP
ftr-441	806	27	year	year	NOUN
ftr-441	806	28	to	to	ADP
ftr-441	806	29	year	year	NOUN
ftr-441	806	30	because	because	SCONJ
ftr-441	806	31	individuals	individual	NOUN
ftr-441	806	32	could	could	AUX
ftr-441	806	33	not	not	PART
ftr-441	806	34	be	be	AUX
ftr-441	806	35	expected	expect	VERB
ftr-441	806	36	to	to	PART
ftr-441	806	37	suffer	suffer	VERB
ftr-441	806	38	losses	loss	NOUN
ftr-441	806	39	for	for	ADP
ftr-441	806	40	an	an	DET
ftr-441	806	41	extended	extended	ADJ
ftr-441	806	42	period	period	NOUN
ftr-441	806	43	of	of	ADP
ftr-441	806	44	time	time	NOUN
ftr-441	806	45	.	.	PUNCT
ftr-441	807	1	if	if	SCONJ
ftr-441	807	2	this	this	PRON
ftr-441	807	3	is	be	AUX
ftr-441	807	4	true	true	ADJ
ftr-441	807	5	,	,	PUNCT
ftr-441	807	6	then	then	ADV
ftr-441	807	7	there	there	PRON
ftr-441	807	8	may	may	AUX
ftr-441	807	9	not	not	PART
ftr-441	807	10	be	be	AUX
ftr-441	807	11	a	a	DET
ftr-441	807	12	large	large	ADJ
ftr-441	807	13	pool	pool	NOUN
ftr-441	807	14	of	of	ADP
ftr-441	807	15	nols	nol	NOUN
ftr-441	807	16	belonging	belong	VERB
ftr-441	807	17	to	to	ADP
ftr-441	807	18	individuals	individual	NOUN
ftr-441	807	19	which	which	PRON
ftr-441	807	20	would	would	AUX
ftr-441	807	21	be	be	AUX
ftr-441	807	22	available	available	ADJ
ftr-441	807	23	to	to	PART
ftr-441	807	24	offset	offset	VERB
ftr-441	807	25	income	income	NOUN
ftr-441	807	26	from	from	ADP
ftr-441	807	27	a	a	DET
ftr-441	807	28	tax	tax	NOUN
ftr-441	807	29	shelter	shelter	NOUN
ftr-441	807	30	investment	investment	NOUN
ftr-441	807	31	.	.	PUNCT
ftr-441	808	1	but	but	CCONJ
ftr-441	808	2	we	we	PRON
ftr-441	808	3	have	have	AUX
ftr-441	808	4	as	as	ADV
ftr-441	808	5	yet	yet	ADV
ftr-441	808	6	uncovered	uncover	VERB
ftr-441	808	7	no	no	DET
ftr-441	808	8	data	datum	NOUN
ftr-441	808	9	to	to	PART
ftr-441	808	10	support	support	VERB
ftr-441	808	11	or	or	CCONJ
ftr-441	808	12	refute	refute	VERB
ftr-441	808	13	this	this	DET
ftr-441	808	14	speculation	speculation	NOUN
ftr-441	808	15	.	.	PUNCT
ftr-441	809	1	19991	19991	NUM
ftr-441	809	2	florida	florida	PROPN
ftr-441	809	3	tax	tax	NOUN
ftr-441	809	4	review	review	NOUN
ftr-441	809	5	fairly	fairly	ADV
ftr-441	809	6	hard	hard	ADV
ftr-441	809	7	to	to	PART
ftr-441	809	8	identify	identify	VERB
ftr-441	809	9	due	due	ADP
ftr-441	809	10	to	to	ADP
ftr-441	809	11	their	their	PRON
ftr-441	809	12	relative	relative	ADJ
ftr-441	809	13	lack	lack	NOUN
ftr-441	809	14	of	of	ADP
ftr-441	809	15	sophistication	sophistication	NOUN
ftr-441	809	16	in	in	ADP
ftr-441	809	17	financial	financial	ADJ
ftr-441	809	18	matters	matter	NOUN
ftr-441	809	19	.	.	PUNCT
ftr-441	810	1	10	10	NUM
ftr-441	810	2	2	2	NUM
ftr-441	810	3	all	all	PRON
ftr-441	810	4	of	of	ADP
ftr-441	810	5	the	the	DET
ftr-441	810	6	foregoing	forego	VERB
ftr-441	810	7	reasons	reason	NOUN
ftr-441	810	8	support	support	VERB
ftr-441	810	9	the	the	DET
ftr-441	810	10	conclusion	conclusion	NOUN
ftr-441	810	11	that	that	SCONJ
ftr-441	810	12	an	an	DET
ftr-441	810	13	spbf	spbf	NOUN
ftr-441	810	14	with	with	ADP
ftr-441	810	15	only	only	ADJ
ftr-441	810	16	individuals	individual	NOUN
ftr-441	810	17	as	as	SCONJ
ftr-441	810	18	owners	owner	NOUN
ftr-441	810	19	does	do	AUX
ftr-441	810	20	not	not	PART
ftr-441	810	21	present	present	VERB
ftr-441	810	22	significant	significant	ADJ
ftr-441	810	23	opportunities	opportunity	NOUN
ftr-441	810	24	for	for	ADP
ftr-441	810	25	income	income	NOUN
ftr-441	810	26	and	and	CCONJ
ftr-441	810	27	loss	loss	NOUN
ftr-441	810	28	shifting	shifting	NOUN
ftr-441	810	29	.	.	PUNCT
ftr-441	811	1	"0	"0	VERB
ftr-441	811	2	3	3	NUM
ftr-441	811	3	accordingly	accordingly	ADV
ftr-441	811	4	,	,	PUNCT
ftr-441	811	5	a	a	DET
ftr-441	811	6	more	more	ADV
ftr-441	811	7	relaxed	relaxed	ADJ
ftr-441	811	8	set	set	NOUN
ftr-441	811	9	of	of	ADP
ftr-441	811	10	tax	tax	NOUN
ftr-441	811	11	operating	operating	NOUN
ftr-441	811	12	rules	rule	NOUN
ftr-441	811	13	for	for	ADP
ftr-441	811	14	an	an	DET
ftr-441	811	15	spbf	spbf	NOUN
ftr-441	811	16	is	be	AUX
ftr-441	811	17	permissible	permissible	ADJ
ftr-441	811	18	in	in	ADP
ftr-441	811	19	that	that	DET
ftr-441	811	20	situation	situation	NOUN
ftr-441	811	21	.	.	PUNCT
ftr-441	812	1	b.	b.	PROPN
ftr-441	812	2	public	public	ADJ
ftr-441	812	3	subchapter	subchapter	NOUN
ftr-441	812	4	c	c	NOUN
ftr-441	812	5	firms	firm	NOUN
ftr-441	812	6	as	as	ADP
ftr-441	812	7	owners.-the	owners.-the	DET
ftr-441	812	8	picture	picture	NOUN
ftr-441	812	9	changes	change	NOUN
ftr-441	812	10	rather	rather	ADV
ftr-441	812	11	dramatically	dramatically	ADV
ftr-441	812	12	if	if	SCONJ
ftr-441	812	13	public	public	ADJ
ftr-441	812	14	firms	firm	NOUN
ftr-441	812	15	taxable	taxable	ADJ
ftr-441	812	16	under	under	ADP
ftr-441	812	17	subchapter	subchapter	NOUN
ftr-441	812	18	c	c	NOUN
ftr-441	812	19	are	be	AUX
ftr-441	812	20	also	also	ADV
ftr-441	812	21	permitted	permit	VERB
ftr-441	812	22	to	to	PART
ftr-441	812	23	be	be	AUX
ftr-441	812	24	owners	owner	NOUN
ftr-441	812	25	of	of	ADP
ftr-441	812	26	an	an	DET
ftr-441	812	27	spbf	spbf	NOUN
ftr-441	812	28	.	.	PUNCT
ftr-441	813	1	many	many	ADJ
ftr-441	813	2	c	c	NOUN
ftr-441	813	3	corporations	corporation	NOUN
ftr-441	813	4	have	have	VERB
ftr-441	813	5	net	net	ADJ
ftr-441	813	6	operating	operating	NOUN
ftr-441	813	7	losses	loss	NOUN
ftr-441	813	8	,	,	PUNCT
ftr-441	813	9	which	which	PRON
ftr-441	813	10	means	mean	VERB
ftr-441	813	11	that	that	SCONJ
ftr-441	813	12	they	they	PRON
ftr-441	813	13	not	not	PART
ftr-441	813	14	only	only	ADV
ftr-441	813	15	are	be	AUX
ftr-441	813	16	in	in	ADP
ftr-441	813	17	a	a	DET
ftr-441	813	18	zero	zero	NUM
ftr-441	813	19	marginal	marginal	ADJ
ftr-441	813	20	income	income	NOUN
ftr-441	813	21	tax	tax	NOUN
ftr-441	813	22	bracket	bracket	NOUN
ftr-441	813	23	but	but	CCONJ
ftr-441	813	24	also	also	ADV
ftr-441	813	25	may	may	AUX
ftr-441	813	26	be	be	AUX
ftr-441	813	27	able	able	ADJ
ftr-441	813	28	to	to	PART
ftr-441	813	29	shelter	shelter	VERB
ftr-441	813	30	a	a	DET
ftr-441	813	31	significant	significant	ADJ
ftr-441	813	32	amount	amount	NOUN
ftr-441	813	33	of	of	ADP
ftr-441	813	34	income	income	NOUN
ftr-441	813	35	in	in	ADP
ftr-441	813	36	a	a	DET
ftr-441	813	37	given	give	VERB
ftr-441	813	38	year	year	NOUN
ftr-441	813	39	.	.	PUNCT
ftr-441	814	1	for	for	ADP
ftr-441	814	2	example	example	NOUN
ftr-441	814	3	,	,	PUNCT
ftr-441	814	4	in	in	ADP
ftr-441	814	5	1993	1993	NUM
ftr-441	814	6	,	,	PUNCT
ftr-441	814	7	the	the	DET
ftr-441	814	8	latest	late	ADJ
ftr-441	814	9	year	year	NOUN
ftr-441	814	10	for	for	ADP
ftr-441	814	11	which	which	PRON
ftr-441	814	12	such	such	ADJ
ftr-441	814	13	data	datum	NOUN
ftr-441	814	14	is	be	AUX
ftr-441	814	15	available	available	ADJ
ftr-441	814	16	,	,	PUNCT
ftr-441	814	17	just	just	ADV
ftr-441	814	18	slightly	slightly	ADV
ftr-441	814	19	over	over	ADP
ftr-441	814	20	one	one	NUM
ftr-441	814	21	-	-	PUNCT
ftr-441	814	22	half	half	NOUN
ftr-441	814	23	of	of	ADP
ftr-441	814	24	the	the	DET
ftr-441	814	25	corporate	corporate	ADJ
ftr-441	814	26	income	income	NOUN
ftr-441	814	27	tax	tax	NOUN
ftr-441	814	28	returns	return	NOUN
ftr-441	814	29	filed	file	VERB
ftr-441	814	30	(	(	PUNCT
ftr-441	814	31	other	other	ADJ
ftr-441	814	32	than	than	ADP
ftr-441	814	33	returns	return	NOUN
ftr-441	814	34	of	of	ADP
ftr-441	814	35	s	s	NOUN
ftr-441	814	36	corporations	corporation	NOUN
ftr-441	814	37	,	,	PUNCT
ftr-441	814	38	rics	ric	NOUN
ftr-441	814	39	and	and	CCONJ
ftr-441	814	40	reits	reit	NOUN
ftr-441	814	41	)	)	PUNCT
ftr-441	814	42	reported	report	VERB
ftr-441	814	43	net	net	ADJ
ftr-441	814	44	income	income	NOUN
ftr-441	814	45	.	.	PUNCT
ftr-441	814	46	"	"	PUNCT
ftr-441	815	1	the	the	DET
ftr-441	815	2	c	c	PROPN
ftr-441	815	3	corporation	corporation	NOUN
ftr-441	815	4	returns	return	VERB
ftr-441	815	5	without	without	ADP
ftr-441	815	6	net	net	ADJ
ftr-441	815	7	income	income	NOUN
ftr-441	815	8	reported	report	VERB
ftr-441	815	9	an	an	DET
ftr-441	815	10	aggregate	aggregate	ADJ
ftr-441	815	11	loss	loss	NOUN
ftr-441	815	12	of	of	ADP
ftr-441	815	13	over	over	ADP
ftr-441	815	14	$	$	SYM
ftr-441	815	15	127	127	NUM
ftr-441	815	16	billion	billion	NUM
ftr-441	815	17	,	,	PUNCT
ftr-441	815	18	an	an	DET
ftr-441	815	19	average	average	ADJ
ftr-441	815	20	loss	loss	NOUN
ftr-441	815	21	of	of	ADP
ftr-441	815	22	over	over	ADP
ftr-441	815	23	$	$	SYM
ftr-441	815	24	136,000	136,000	NUM
ftr-441	815	25	for	for	ADP
ftr-441	815	26	each	each	DET
ftr-441	815	27	c	c	PROPN
ftr-441	815	28	corporation	corporation	NOUN
ftr-441	815	29	return	return	VERB
ftr-441	815	30	without	without	ADP
ftr-441	815	31	net	net	ADJ
ftr-441	815	32	income.105	income.105	NOUN
ftr-441	815	33	moreover	moreover	ADV
ftr-441	815	34	,	,	PUNCT
ftr-441	815	35	over	over	ADP
ftr-441	815	36	39	39	NUM
ftr-441	815	37	%	%	NOUN
ftr-441	815	38	of	of	ADP
ftr-441	815	39	the	the	DET
ftr-441	815	40	c	c	PROPN
ftr-441	815	41	corporation	corporation	NOUN
ftr-441	815	42	returns	return	VERB
ftr-441	815	43	with	with	ADP
ftr-441	815	44	net	net	ADJ
ftr-441	815	45	income	income	NOUN
ftr-441	815	46	claimed	claim	VERB
ftr-441	815	47	a	a	DET
ftr-441	815	48	net	net	ADJ
ftr-441	815	49	operating	operating	NOUN
ftr-441	815	50	loss	loss	NOUN
ftr-441	815	51	deduction	deduction	NOUN
ftr-441	815	52	from	from	ADP
ftr-441	815	53	a	a	DET
ftr-441	815	54	prior	prior	ADJ
ftr-441	815	55	year	year	NOUN
ftr-441	815	56	loss	loss	NOUN
ftr-441	815	57	,	,	PUNCT
ftr-441	815	58	with	with	ADP
ftr-441	815	59	a	a	DET
ftr-441	815	60	total	total	NOUN
ftr-441	815	61	of	of	ADP
ftr-441	815	62	over	over	ADP
ftr-441	815	63	$	$	SYM
ftr-441	815	64	45	45	NUM
ftr-441	815	65	billion	billion	NUM
ftr-441	815	66	in	in	ADP
ftr-441	815	67	such	such	ADJ
ftr-441	815	68	deductions	deduction	NOUN
ftr-441	815	69	claimed.0	claimed.0	PROPN
ftr-441	815	70	6	6	NUM
ftr-441	815	71	the	the	DET
ftr-441	815	72	foregoing	forego	VERB
ftr-441	815	73	information	information	NOUN
ftr-441	815	74	relates	relate	VERB
ftr-441	815	75	to	to	ADP
ftr-441	815	76	income	income	NOUN
ftr-441	815	77	tax	tax	NOUN
ftr-441	815	78	returns	return	NOUN
ftr-441	815	79	filed	file	VERB
ftr-441	815	80	by	by	ADP
ftr-441	815	81	both	both	CCONJ
ftr-441	815	82	public	public	ADJ
ftr-441	815	83	and	and	CCONJ
ftr-441	815	84	closely	closely	ADV
ftr-441	815	85	-	-	PUNCT
ftr-441	815	86	held	hold	VERB
ftr-441	815	87	c	c	PROPN
ftr-441	815	88	corporations	corporation	NOUN
ftr-441	815	89	.	.	PUNCT
ftr-441	816	1	to	to	PART
ftr-441	816	2	estimate	estimate	VERB
ftr-441	816	3	the	the	DET
ftr-441	816	4	likely	likely	ADJ
ftr-441	816	5	nol	nol	NOUN
ftr-441	816	6	situations	situation	NOUN
ftr-441	816	7	of	of	ADP
ftr-441	816	8	public	public	ADJ
ftr-441	816	9	c	c	NOUN
ftr-441	816	10	corporations	corporation	NOUN
ftr-441	816	11	,	,	PUNCT
ftr-441	816	12	table	table	NOUN
ftr-441	816	13	3	3	NUM
ftr-441	816	14	provides	provide	VERB
ftr-441	816	15	data	datum	NOUN
ftr-441	816	16	regarding	regard	VERB
ftr-441	816	17	the	the	DET
ftr-441	816	18	amount	amount	NOUN
ftr-441	816	19	of	of	ADP
ftr-441	816	20	corporate	corporate	ADJ
ftr-441	816	21	nol	nol	NOUN
ftr-441	816	22	deductions	deduction	NOUN
ftr-441	816	23	claimed	claim	VERB
ftr-441	816	24	in	in	ADP
ftr-441	816	25	1993	1993	NUM
ftr-441	816	26	,	,	PUNCT
ftr-441	816	27	broken	break	VERB
ftr-441	816	28	down	down	ADP
ftr-441	816	29	by	by	ADP
ftr-441	816	30	the	the	DET
ftr-441	816	31	asset	asset	NOUN
ftr-441	816	32	size	size	NOUN
ftr-441	816	33	of	of	ADP
ftr-441	816	34	the	the	DET
ftr-441	816	35	corporation	corporation	NOUN
ftr-441	816	36	whose	whose	DET
ftr-441	816	37	return	return	NOUN
ftr-441	816	38	made	make	VERB
ftr-441	816	39	the	the	DET
ftr-441	816	40	claim	claim	NOUN
ftr-441	816	41	.	.	PUNCT
ftr-441	817	1	102	102	NUM
ftr-441	817	2	.	.	PUNCT
ftr-441	818	1	but	but	CCONJ
ftr-441	818	2	see	see	VERB
ftr-441	818	3	boris	boris	PROPN
ftr-441	818	4	i.	i.	PROPN
ftr-441	818	5	bittker	bittker	PROPN
ftr-441	818	6	,	,	PUNCT
ftr-441	818	7	tax	tax	NOUN
ftr-441	818	8	shelters	shelter	NOUN
ftr-441	818	9	for	for	ADP
ftr-441	818	10	the	the	DET
ftr-441	818	11	poor	poor	ADJ
ftr-441	818	12	?	?	PUNCT
ftr-441	818	13	,	,	PUNCT
ftr-441	818	14	51	51	NUM
ftr-441	818	15	taxes	taxis	NOUN
ftr-441	818	16	68	68	NUM
ftr-441	818	17	(	(	PUNCT
ftr-441	818	18	1973	1973	NUM
ftr-441	818	19	)	)	PUNCT
ftr-441	818	20	(	(	PUNCT
ftr-441	818	21	tongue	tongue	NOUN
ftr-441	818	22	-	-	PUNCT
ftr-441	818	23	in	in	ADP
ftr-441	818	24	-	-	PUNCT
ftr-441	818	25	cheek	cheek	NOUN
ftr-441	818	26	description	description	NOUN
ftr-441	818	27	of	of	ADP
ftr-441	818	28	partnership	partnership	NOUN
ftr-441	818	29	venture	venture	NOUN
ftr-441	818	30	operating	operate	VERB
ftr-441	818	31	coin	coin	NOUN
ftr-441	818	32	-	-	PUNCT
ftr-441	818	33	operated	operate	VERB
ftr-441	818	34	washing	washing	NOUN
ftr-441	818	35	and	and	CCONJ
ftr-441	818	36	vending	vend	VERB
ftr-441	818	37	machines	machine	NOUN
ftr-441	818	38	in	in	ADP
ftr-441	818	39	basement	basement	NOUN
ftr-441	818	40	of	of	ADP
ftr-441	818	41	low	low	ADJ
ftr-441	818	42	-	-	PUNCT
ftr-441	818	43	income	income	NOUN
ftr-441	818	44	housing	housing	NOUN
ftr-441	818	45	project	project	NOUN
ftr-441	818	46	,	,	PUNCT
ftr-441	818	47	in	in	ADP
ftr-441	818	48	which	which	PRON
ftr-441	818	49	low	low	ADJ
ftr-441	818	50	-	-	PUNCT
ftr-441	818	51	income	income	NOUN
ftr-441	818	52	tenantpartners	tenantpartner	NOUN
ftr-441	818	53	with	with	ADP
ftr-441	818	54	"	"	PUNCT
ftr-441	818	55	excess	excess	ADJ
ftr-441	818	56	"	"	PUNCT
ftr-441	818	57	personal	personal	ADJ
ftr-441	818	58	exemptions	exemption	NOUN
ftr-441	818	59	and	and	CCONJ
ftr-441	818	60	standard	standard	ADJ
ftr-441	818	61	deductions	deduction	NOUN
ftr-441	818	62	are	be	AUX
ftr-441	818	63	allocated	allocate	VERB
ftr-441	818	64	predepreciation	predepreciation	NOUN
ftr-441	818	65	income	income	NOUN
ftr-441	818	66	of	of	ADP
ftr-441	818	67	venture	venture	NOUN
ftr-441	818	68	and	and	CCONJ
ftr-441	818	69	high	high	ADJ
ftr-441	818	70	-	-	PUNCT
ftr-441	818	71	bracket	bracket	NOUN
ftr-441	818	72	investor	investor	NOUN
ftr-441	818	73	-	-	PUNCT
ftr-441	818	74	partners	partner	NOUN
ftr-441	818	75	are	be	AUX
ftr-441	818	76	allocated	allocate	VERB
ftr-441	818	77	depreciation	depreciation	NOUN
ftr-441	818	78	deductions	deduction	NOUN
ftr-441	818	79	)	)	PUNCT
ftr-441	818	80	.	.	PUNCT
ftr-441	819	1	103	103	NUM
ftr-441	819	2	.	.	PUNCT
ftr-441	820	1	again	again	ADV
ftr-441	820	2	,	,	PUNCT
ftr-441	820	3	this	this	DET
ftr-441	820	4	conclusion	conclusion	NOUN
ftr-441	820	5	does	do	AUX
ftr-441	820	6	not	not	PART
ftr-441	820	7	apply	apply	VERB
ftr-441	820	8	to	to	ADP
ftr-441	820	9	possible	possible	ADJ
ftr-441	820	10	shifts	shift	NOUN
ftr-441	820	11	involving	involve	VERB
ftr-441	820	12	particular	particular	ADJ
ftr-441	820	13	tax	tax	NOUN
ftr-441	820	14	items	item	NOUN
ftr-441	820	15	of	of	ADP
ftr-441	820	16	the	the	DET
ftr-441	820	17	firm	firm	NOUN
ftr-441	820	18	,	,	PUNCT
ftr-441	820	19	such	such	ADJ
ftr-441	820	20	as	as	ADP
ftr-441	820	21	capital	capital	NOUN
ftr-441	820	22	gains	gain	NOUN
ftr-441	820	23	and	and	CCONJ
ftr-441	820	24	losses	loss	NOUN
ftr-441	820	25	.	.	PUNCT
ftr-441	821	1	that	that	DET
ftr-441	821	2	concern	concern	NOUN
ftr-441	821	3	is	be	AUX
ftr-441	821	4	addressed	address	VERB
ftr-441	821	5	below	below	ADV
ftr-441	821	6	.	.	PUNCT
ftr-441	822	1	104	104	X
ftr-441	822	2	.	.	PUNCT
ftr-441	823	1	internal	internal	ADJ
ftr-441	823	2	revenue	revenue	NOUN
ftr-441	823	3	service	service	NOUN
ftr-441	823	4	,	,	PUNCT
ftr-441	823	5	1993	1993	NUM
ftr-441	823	6	statistics	statistic	NOUN
ftr-441	823	7	of	of	ADP
ftr-441	823	8	income	income	NOUN
ftr-441	823	9	,	,	PUNCT
ftr-441	823	10	corporation	corporation	NOUN
ftr-441	823	11	income	income	NOUN
ftr-441	823	12	tax	tax	NOUN
ftr-441	823	13	returns	return	NOUN
ftr-441	823	14	,	,	PUNCT
ftr-441	823	15	publ	publ	NOUN
ftr-441	823	16	.	.	PUNCT
ftr-441	824	1	16	16	NUM
ftr-441	824	2	(	(	PUNCT
ftr-441	824	3	1996	1996	NUM
ftr-441	824	4	)	)	PUNCT
ftr-441	825	1	[	[	X
ftr-441	825	2	hereinafter	hereinafter	NOUN
ftr-441	825	3	1993	1993	NUM
ftr-441	825	4	soi	soi	ADJ
ftr-441	825	5	corporate	corporate	NOUN
ftr-441	825	6	]	]	PUNCT
ftr-441	825	7	,	,	PUNCT
ftr-441	825	8	table	table	NOUN
ftr-441	825	9	18	18	NUM
ftr-441	825	10	,	,	PUNCT
ftr-441	825	11	col	col	PROPN
ftr-441	825	12	.	.	PROPN
ftr-441	825	13	(	(	PUNCT
ftr-441	825	14	1	1	NUM
ftr-441	825	15	)	)	PUNCT
ftr-441	825	16	.	.	PUNCT
ftr-441	826	1	we	we	PRON
ftr-441	826	2	treat	treat	VERB
ftr-441	826	3	the	the	DET
ftr-441	826	4	category	category	NOUN
ftr-441	826	5	of	of	ADP
ftr-441	826	6	corporate	corporate	ADJ
ftr-441	826	7	income	income	NOUN
ftr-441	826	8	tax	tax	NOUN
ftr-441	826	9	returns	return	NOUN
ftr-441	826	10	other	other	ADJ
ftr-441	826	11	than	than	ADP
ftr-441	826	12	s	s	PROPN
ftr-441	826	13	,	,	PUNCT
ftr-441	826	14	ric	ric	PROPN
ftr-441	826	15	,	,	PUNCT
ftr-441	826	16	or	or	CCONJ
ftr-441	826	17	reit	reit	NOUN
ftr-441	826	18	returns	return	NOUN
ftr-441	826	19	as	as	ADP
ftr-441	826	20	a	a	DET
ftr-441	826	21	proxy	proxy	NOUN
ftr-441	826	22	for	for	ADP
ftr-441	826	23	c	c	PROPN
ftr-441	826	24	corporation	corporation	NOUN
ftr-441	826	25	returns	return	NOUN
ftr-441	826	26	.	.	PUNCT
ftr-441	827	1	105	105	NUM
ftr-441	827	2	.	.	X
ftr-441	827	3	1993	1993	NUM
ftr-441	827	4	soi	soi	ADJ
ftr-441	827	5	corporate	corporate	ADJ
ftr-441	827	6	,	,	PUNCT
ftr-441	827	7	table	table	NOUN
ftr-441	827	8	18	18	NUM
ftr-441	827	9	,	,	PUNCT
ftr-441	827	10	cols	col	NOUN
ftr-441	827	11	.	.	PUNCT
ftr-441	828	1	(	(	PUNCT
ftr-441	828	2	1	1	X
ftr-441	828	3	)	)	PUNCT
ftr-441	828	4	and	and	CCONJ
ftr-441	828	5	(	(	PUNCT
ftr-441	828	6	2	2	NUM
ftr-441	828	7	)	)	PUNCT
ftr-441	828	8	.	.	PUNCT
ftr-441	829	1	106	106	NUM
ftr-441	829	2	.	.	PUNCT
ftr-441	830	1	i	i	PRON
ftr-441	830	2	d.	d.	PROPN
ftr-441	830	3	corporate	corporate	ADJ
ftr-441	830	4	net	net	ADJ
ftr-441	830	5	operating	operating	NOUN
ftr-441	830	6	loss	loss	NOUN
ftr-441	830	7	carrybacks	carryback	NOUN
ftr-441	830	8	to	to	ADP
ftr-441	830	9	1993	1993	NUM
ftr-441	830	10	are	be	AUX
ftr-441	830	11	not	not	PART
ftr-441	830	12	included	include	VERB
ftr-441	830	13	in	in	ADP
ftr-441	830	14	the	the	DET
ftr-441	830	15	irs	irs	PROPN
ftr-441	830	16	statistics	statistic	NOUN
ftr-441	830	17	.	.	PUNCT
ftr-441	831	1	see	see	VERB
ftr-441	831	2	i	i	PRON
ftr-441	831	3	d.	d.	PROPN
ftr-441	831	4	at	at	ADP
ftr-441	831	5	181	181	NUM
ftr-441	831	6	.	.	PUNCT
ftr-441	832	1	the	the	DET
ftr-441	832	2	fact	fact	NOUN
ftr-441	832	3	that	that	SCONJ
ftr-441	832	4	the	the	DET
ftr-441	832	5	c	c	PROPN
ftr-441	832	6	corporation	corporation	NOUN
ftr-441	832	7	losses	loss	NOUN
ftr-441	832	8	reported	report	VERB
ftr-441	832	9	in	in	ADP
ftr-441	832	10	1993	1993	NUM
ftr-441	832	11	were	be	AUX
ftr-441	832	12	almost	almost	ADV
ftr-441	832	13	three	three	NUM
ftr-441	832	14	times	time	NOUN
ftr-441	832	15	the	the	DET
ftr-441	832	16	amount	amount	NOUN
ftr-441	832	17	of	of	ADP
ftr-441	832	18	the	the	DET
ftr-441	832	19	net	net	ADJ
ftr-441	832	20	operating	operating	NOUN
ftr-441	832	21	loss	loss	NOUN
ftr-441	832	22	carryforwards	carryforward	NOUN
ftr-441	832	23	deducted	deduct	VERB
ftr-441	832	24	in	in	ADP
ftr-441	832	25	1993	1993	NUM
ftr-441	832	26	may	may	AUX
ftr-441	832	27	suggest	suggest	VERB
ftr-441	832	28	either	either	CCONJ
ftr-441	832	29	a	a	DET
ftr-441	832	30	significant	significant	ADJ
ftr-441	832	31	amount	amount	NOUN
ftr-441	832	32	of	of	ADP
ftr-441	832	33	nol	nol	NOUN
ftr-441	832	34	carrybacks	carryback	NOUN
ftr-441	832	35	not	not	PART
ftr-441	832	36	reflected	reflect	VERB
ftr-441	832	37	in	in	ADP
ftr-441	832	38	these	these	DET
ftr-441	832	39	statistics	statistic	NOUN
ftr-441	832	40	or	or	CCONJ
ftr-441	832	41	large	large	ADJ
ftr-441	832	42	amounts	amount	NOUN
ftr-441	832	43	of	of	ADP
ftr-441	832	44	unused	unused	ADJ
ftr-441	832	45	nols	nol	NOUN
ftr-441	832	46	.	.	PUNCT
ftr-441	833	1	[	[	X
ftr-441	833	2	vol	vol	NOUN
ftr-441	833	3	4:3	4:3	NUM
ftr-441	833	4	the	the	DET
ftr-441	833	5	future	future	ADJ
ftr-441	833	6	taxation	taxation	NOUN
ftr-441	833	7	of	of	ADP
ftr-441	833	8	private	private	ADJ
ftr-441	833	9	business	business	NOUN
ftr-441	833	10	firms	firm	NOUN
ftr-441	833	11	table	table	VERB
ftr-441	833	12	3	3	NUM
ftr-441	833	13	corporate	corporate	ADJ
ftr-441	833	14	nol	nol	NOUN
ftr-441	833	15	deductions	deduction	NOUN
ftr-441	833	16	claimed	claim	VERB
ftr-441	833	17	,	,	PUNCT
ftr-441	833	18	by	by	ADP
ftr-441	833	19	asset	asset	NOUN
ftr-441	833	20	size	size	NOUN
ftr-441	833	21	of	of	ADP
ftr-441	833	22	corporation	corporation	NOUN
ftr-441	833	23	filing	filing	NOUN
ftr-441	833	24	return	return	NOUN
ftr-441	833	25	(	(	PUNCT
ftr-441	833	26	1993	1993	NUM
ftr-441	833	27	)	)	PUNCT
ftr-441	833	28	(	(	PUNCT
ftr-441	833	29	1	1	X
ftr-441	833	30	)	)	PUNCT
ftr-441	833	31	(	(	PUNCT
ftr-441	833	32	2	2	NUM
ftr-441	833	33	)	)	PUNCT
ftr-441	833	34	(	(	PUNCT
ftr-441	833	35	3	3	X
ftr-441	833	36	)	)	PUNCT
ftr-441	833	37	asset	asset	NOUN
ftr-441	833	38	size	size	NOUN
ftr-441	833	39	#	#	PROPN
ftr-441	833	40	corp	corp	PROPN
ftr-441	833	41	.	.	PROPN
ftr-441	833	42	#	#	NOUN
ftr-441	833	43	rets	ret	NOUN
ftr-441	833	44	.	.	PUNCT
ftr-441	834	1	rets	ret	NOUN
ftr-441	834	2	.	.	PUNCT
ftr-441	835	1	w	w	X
ftr-441	835	2	/	/	SYM
ftr-441	835	3	nol	nol	NOUN
ftr-441	835	4	(	(	PUNCT
ftr-441	835	5	o00s	o00	NOUN
ftr-441	835	6	)	)	PUNCT
ftr-441	835	7	ded	de	VERB
ftr-441	835	8	.	.	PUNCT
ftr-441	836	1	(	(	PUNCT
ftr-441	836	2	000s	000s	NUM
ftr-441	836	3	)	)	PUNCT
ftr-441	836	4	$	$	SYM
ftr-441	836	5	0	0	NUM
ftr-441	836	6	239.3	239.3	NUM
ftr-441	836	7	20.93	20.93	NUM
ftr-441	836	8	$	$	SYM
ftr-441	836	9	1-$100k	1-$100k	PROPN
ftr-441	836	10	2,049.6	2,049.6	NUM
ftr-441	836	11	224.74	224.74	NUM
ftr-441	836	12	$	$	SYM
ftr-441	836	13	100k-$250k	100k-$250k	NUM
ftr-441	836	14	635.3	635.3	NUM
ftr-441	836	15	80.47	80.47	NUM
ftr-441	836	16	$	$	SYM
ftr-441	836	17	250k-$500k	250k-$500k	NUM
ftr-441	836	18	394.2	394.2	NUM
ftr-441	836	19	48.55	48.55	NUM
ftr-441	836	20	$	$	SYM
ftr-441	836	21	50ok-$1	50ok-$1	NUM
ftr-441	836	22	m	m	NOUN
ftr-441	836	23	269.3	269.3	NUM
ftr-441	836	24	28.91	28.91	NUM
ftr-441	836	25	$	$	SYM
ftr-441	836	26	1m-$5	1m-$5	NUM
ftr-441	836	27	m	m	NUM
ftr-441	836	28	279.1	279.1	NUM
ftr-441	836	29	27.54	27.54	NUM
ftr-441	836	30	$	$	SYM
ftr-441	836	31	5m-$10	5m-$10	NUM
ftr-441	836	32	m	m	NOUN
ftr-441	836	33	40.1	40.1	NUM
ftr-441	836	34	3.97	3.97	NUM
ftr-441	836	35	$	$	SYM
ftr-441	836	36	1om-$25	1om-$25	NUM
ftr-441	836	37	m	m	PROPN
ftr-441	836	38	25.9	25.9	NUM
ftr-441	836	39	3.14	3.14	NUM
ftr-441	836	40	$	$	SYM
ftr-441	836	41	25m-$50	25m-$50	NUM
ftr-441	836	42	m	m	NUM
ftr-441	836	43	11.4	11.4	NUM
ftr-441	836	44	1.50	1.50	NUM
ftr-441	836	45	$	$	SYM
ftr-441	836	46	50m-$100	50m-$100	NUM
ftr-441	836	47	m	m	NOUN
ftr-441	836	48	8.0	8.0	NUM
ftr-441	836	49	1.06	1.06	NUM
ftr-441	836	50	$	$	SYM
ftr-441	836	51	10om-$250	10om-$250	NUM
ftr-441	836	52	m	m	NOUN
ftr-441	836	53	6.6	6.6	NUM
ftr-441	836	54	.82	.82	NUM
ftr-441	836	55	$	$	SYM
ftr-441	836	56	250	250	NUM
ftr-441	836	57	m	m	NOUN
ftr-441	836	58	+	+	NUM
ftr-441	836	59	6.8	6.8	NUM
ftr-441	836	60	1.12	1.12	NUM
ftr-441	836	61	total	total	NOUN
ftr-441	836	62	3,964.6	3,964.6	NUM
ftr-441	836	63	442.74	442.74	NUM
ftr-441	836	64	(	(	PUNCT
ftr-441	836	65	4	4	NUM
ftr-441	836	66	)	)	PUNCT
ftr-441	836	67	%	%	NOUN
ftr-441	836	68	rets	ret	NOUN
ftr-441	836	69	.	.	PUNCT
ftr-441	837	1	w	w	X
ftr-441	837	2	/	/	SYM
ftr-441	837	3	nol	nol	NOUN
ftr-441	837	4	ded	de	VERB
ftr-441	837	5	.	.	PUNCT
ftr-441	838	1	(	(	PUNCT
ftr-441	838	2	3)-(2	3)-(2	NOUN
ftr-441	838	3	)	)	PUNCT
ftr-441	838	4	8.7	8.7	NUM
ftr-441	838	5	%	%	NOUN
ftr-441	838	6	11.0	11.0	NUM
ftr-441	838	7	%	%	NOUN
ftr-441	838	8	12.7	12.7	NUM
ftr-441	838	9	%	%	NOUN
ftr-441	838	10	12.3	12.3	NUM
ftr-441	838	11	%	%	NOUN
ftr-441	838	12	10.7	10.7	NUM
ftr-441	838	13	%	%	NOUN
ftr-441	838	14	9.9	9.9	NUM
ftr-441	838	15	%	%	NOUN
ftr-441	838	16	9.9	9.9	NUM
ftr-441	838	17	%	%	NOUN
ftr-441	838	18	12.1	12.1	NUM
ftr-441	838	19	%	%	NOUN
ftr-441	838	20	13.2	13.2	NUM
ftr-441	838	21	%	%	NOUN
ftr-441	838	22	13.3	13.3	NUM
ftr-441	838	23	%	%	NOUN
ftr-441	838	24	12.4	12.4	NUM
ftr-441	838	25	%	%	NOUN
ftr-441	838	26	16.5	16.5	NUM
ftr-441	838	27	%	%	NOUN
ftr-441	838	28	11.2	11.2	NUM
ftr-441	838	29	%	%	NOUN
ftr-441	838	30	(	(	PUNCT
ftr-441	838	31	5	5	NUM
ftr-441	838	32	)	)	PUNCT
ftr-441	838	33	nol	nol	NOUN
ftr-441	838	34	.	.	PUNCT
ftr-441	838	35	ded	ded	PROPN
ftr-441	838	36	.	.	PUNCT
ftr-441	839	1	(	(	PUNCT
ftr-441	839	2	sm	sm	NOUN
ftr-441	839	3	)	)	PUNCT
ftr-441	839	4	$	$	SYM
ftr-441	839	5	1,773.4	1,773.4	NUM
ftr-441	839	6	2,085.5	2,085.5	NUM
ftr-441	839	7	1,470.0	1,470.0	NUM
ftr-441	839	8	1,305.7	1,305.7	NUM
ftr-441	839	9	1,496.4	1,496.4	NUM
ftr-441	839	10	3,420.6	3,420.6	NUM
ftr-441	839	11	1,294.9	1,294.9	NUM
ftr-441	839	12	2,075.4	2,075.4	NUM
ftr-441	839	13	1,771.0	1,771.0	NUM
ftr-441	839	14	2,276.0	2,276.0	NUM
ftr-441	839	15	2,629.4	2,629.4	NUM
ftr-441	839	16	23,560.7	23,560.7	NOUN
ftr-441	839	17	$	$	SYM
ftr-441	839	18	45,158.9	45,158.9	NOUN
ftr-441	839	19	(	(	PUNCT
ftr-441	839	20	6	6	NUM
ftr-441	839	21	)	)	PUNCT
ftr-441	839	22	%	%	NOUN
ftr-441	839	23	of	of	ADP
ftr-441	839	24	tot	tot	PROPN
ftr-441	839	25	.	.	PUNCT
ftr-441	840	1	nol	nol	PROPN
ftr-441	840	2	ded	de	VERB
ftr-441	840	3	.	.	PROPN
ftr-441	840	4	3.9	3.9	NUM
ftr-441	840	5	%	%	NOUN
ftr-441	840	6	4.6	4.6	NUM
ftr-441	840	7	%	%	NOUN
ftr-441	840	8	3.3	3.3	NUM
ftr-441	840	9	%	%	NOUN
ftr-441	840	10	2.9	2.9	NUM
ftr-441	840	11	%	%	NOUN
ftr-441	840	12	3.3	3.3	NUM
ftr-441	840	13	%	%	NOUN
ftr-441	840	14	7.6	7.6	NUM
ftr-441	840	15	%	%	NOUN
ftr-441	840	16	2.9	2.9	NUM
ftr-441	840	17	%	%	NOUN
ftr-441	840	18	4.6	4.6	NUM
ftr-441	840	19	%	%	NOUN
ftr-441	840	20	3.9	3.9	NUM
ftr-441	840	21	%	%	NOUN
ftr-441	840	22	5.0	5.0	NUM
ftr-441	840	23	%	%	NOUN
ftr-441	840	24	5.8	5.8	NUM
ftr-441	840	25	%	%	NOUN
ftr-441	840	26	52.2	52.2	NUM
ftr-441	840	27	%	%	NOUN
ftr-441	840	28	(	(	PUNCT
ftr-441	840	29	7	7	NUM
ftr-441	840	30	)	)	PUNCT
ftr-441	840	31	avg	avg	PROPN
ftr-441	840	32	.	.	PROPN
ftr-441	841	1	nol	nol	PROPN
ftr-441	841	2	ded	de	VERB
ftr-441	841	3	.	.	PUNCT
ftr-441	842	1	per	per	ADP
ftr-441	842	2	claim	claim	NOUN
ftr-441	842	3	(	(	PUNCT
ftr-441	842	4	scos	scos	PROPN
ftr-441	842	5	)	)	PUNCT
ftr-441	842	6	(	(	PUNCT
ftr-441	842	7	5)y(3	5)y(3	NUM
ftr-441	842	8	)	)	PUNCT
ftr-441	842	9	s	s	PART
ftr-441	842	10	84.7	84.7	NUM
ftr-441	842	11	9.3	9.3	NUM
ftr-441	842	12	18.3	18.3	NUM
ftr-441	842	13	26.9	26.9	NUM
ftr-441	842	14	51.8	51.8	NUM
ftr-441	842	15	124.2	124.2	NUM
ftr-441	842	16	326.2	326.2	NUM
ftr-441	842	17	661.0	661.0	NUM
ftr-441	842	18	1,180.7	1,180.7	NUM
ftr-441	842	19	2,147.2	2,147.2	NUM
ftr-441	842	20	3,206.6	3,206.6	NUM
ftr-441	842	21	21,036.3	21,036.3	NUM
ftr-441	842	22	$	$	SYM
ftr-441	842	23	102.0	102.0	NUM
ftr-441	842	24	source	source	NOUN
ftr-441	842	25	:	:	PUNCT
ftr-441	842	26	michael	michael	PROPN
ftr-441	842	27	g.	g.	PROPN
ftr-441	842	28	seiders	seider	NOUN
ftr-441	842	29	,	,	PUNCT
ftr-441	842	30	corporation	corporation	NOUN
ftr-441	842	31	income	income	NOUN
ftr-441	842	32	tax	tax	NOUN
ftr-441	842	33	returns	return	NOUN
ftr-441	842	34	,	,	PUNCT
ftr-441	842	35	1993	1993	NUM
ftr-441	842	36	,	,	PUNCT
ftr-441	842	37	16	16	NUM
ftr-441	842	38	sol	sol	NOUN
ftr-441	842	39	bulletin	bulletin	NOUN
ftr-441	842	40	36	36	NUM
ftr-441	842	41	,	,	PUNCT
ftr-441	842	42	51	51	NUM
ftr-441	842	43	-	-	SYM
ftr-441	842	44	54	54	NUM
ftr-441	842	45	(	(	PUNCT
ftr-441	842	46	summer	summer	NOUN
ftr-441	842	47	,	,	PUNCT
ftr-441	842	48	1996	1996	NUM
ftr-441	842	49	)	)	PUNCT
ftr-441	842	50	(	(	PUNCT
ftr-441	842	51	table	table	NOUN
ftr-441	842	52	2	2	NUM
ftr-441	842	53	)	)	PUNCT
ftr-441	842	54	.	.	PUNCT
ftr-441	843	1	certain	certain	ADJ
ftr-441	843	2	information	information	NOUN
ftr-441	843	3	was	be	AUX
ftr-441	843	4	obtained	obtain	VERB
ftr-441	843	5	from	from	ADP
ftr-441	843	6	a	a	DET
ftr-441	843	7	telephone	telephone	NOUN
ftr-441	843	8	conversation	conversation	NOUN
ftr-441	843	9	between	between	ADP
ftr-441	843	10	john	john	PROPN
ftr-441	843	11	comisky	comisky	PROPN
ftr-441	843	12	,	,	PUNCT
ftr-441	843	13	economist	economist	NOUN
ftr-441	843	14	at	at	ADP
ftr-441	843	15	the	the	DET
ftr-441	843	16	statistics	statistic	NOUN
ftr-441	843	17	of	of	ADP
ftr-441	843	18	income	income	NOUN
ftr-441	843	19	,	,	PUNCT
ftr-441	843	20	and	and	CCONJ
ftr-441	843	21	the	the	DET
ftr-441	843	22	author	author	NOUN
ftr-441	843	23	.	.	PUNCT
ftr-441	844	1	the	the	DET
ftr-441	844	2	data	datum	NOUN
ftr-441	844	3	only	only	ADV
ftr-441	844	4	reflects	reflect	VERB
ftr-441	844	5	net	net	ADJ
ftr-441	844	6	operating	operating	NOUN
ftr-441	844	7	losses	loss	NOUN
ftr-441	844	8	carried	carry	VERB
ftr-441	844	9	forward	forward	ADV
ftr-441	844	10	to	to	ADP
ftr-441	844	11	,	,	PUNCT
ftr-441	844	12	and	and	CCONJ
ftr-441	844	13	deducted	deduct	VERB
ftr-441	844	14	in	in	ADP
ftr-441	844	15	,	,	PUNCT
ftr-441	844	16	1993	1993	NUM
ftr-441	844	17	.	.	PUNCT
ftr-441	845	1	data	datum	NOUN
ftr-441	845	2	concerning	concern	VERB
ftr-441	845	3	nols	nols	PROPN
ftr-441	845	4	carried	carry	VERB
ftr-441	845	5	back	back	ADV
ftr-441	845	6	to	to	ADP
ftr-441	845	7	1993	1993	NUM
ftr-441	845	8	is	be	AUX
ftr-441	845	9	not	not	PART
ftr-441	845	10	included	include	VERB
ftr-441	845	11	.	.	PUNCT
ftr-441	846	1	according	accord	VERB
ftr-441	846	2	to	to	ADP
ftr-441	846	3	table	table	NOUN
ftr-441	846	4	3	3	NUM
ftr-441	846	5	,	,	PUNCT
ftr-441	846	6	more	more	ADJ
ftr-441	846	7	than	than	ADP
ftr-441	846	8	half	half	NOUN
ftr-441	846	9	of	of	ADP
ftr-441	846	10	the	the	DET
ftr-441	846	11	corporate	corporate	ADJ
ftr-441	846	12	nol	nol	NOUN
ftr-441	846	13	deductions	deduction	NOUN
ftr-441	846	14	in	in	ADP
ftr-441	846	15	1993	1993	NUM
ftr-441	846	16	were	be	AUX
ftr-441	846	17	claimed	claim	VERB
ftr-441	846	18	on	on	ADP
ftr-441	846	19	returns	return	NOUN
ftr-441	846	20	for	for	ADP
ftr-441	846	21	corporations	corporation	NOUN
ftr-441	846	22	with	with	ADP
ftr-441	846	23	assets	asset	NOUN
ftr-441	846	24	in	in	ADP
ftr-441	846	25	excess	excess	NOUN
ftr-441	846	26	of	of	ADP
ftr-441	846	27	$	$	SYM
ftr-441	846	28	250	250	NUM
ftr-441	846	29	million	million	NUM
ftr-441	846	30	,	,	PUNCT
ftr-441	846	31	the	the	DET
ftr-441	846	32	largest	large	ADJ
ftr-441	846	33	asset	asset	NOUN
ftr-441	846	34	size	size	NOUN
ftr-441	846	35	category	category	NOUN
ftr-441	846	36	available	available	ADJ
ftr-441	846	37	from	from	ADP
ftr-441	846	38	irs	irs	PROPN
ftr-441	846	39	statistics	statistic	NOUN
ftr-441	846	40	,	,	PUNCT
ftr-441	846	41	and	and	CCONJ
ftr-441	846	42	about	about	ADP
ftr-441	846	43	63	63	NUM
ftr-441	846	44	%	%	NOUN
ftr-441	846	45	of	of	ADP
ftr-441	846	46	those	those	DET
ftr-441	846	47	deductions	deduction	NOUN
ftr-441	846	48	were	be	AUX
ftr-441	846	49	claimed	claim	VERB
ftr-441	846	50	on	on	ADP
ftr-441	846	51	returns	return	NOUN
ftr-441	846	52	for	for	ADP
ftr-441	846	53	corporations	corporation	NOUN
ftr-441	846	54	with	with	ADP
ftr-441	846	55	assets	asset	NOUN
ftr-441	846	56	greater	great	ADJ
ftr-441	846	57	than	than	ADP
ftr-441	846	58	$	$	SYM
ftr-441	846	59	50	50	NUM
ftr-441	846	60	million	million	NUM
ftr-441	846	61	.	.	PUNCT
ftr-441	846	62	'07	'07	NUM
ftr-441	846	63	except	except	SCONJ
ftr-441	846	64	for	for	ADP
ftr-441	846	65	the	the	DET
ftr-441	846	66	initial	initial	ADJ
ftr-441	846	67	category	category	NOUN
ftr-441	846	68	of	of	ADP
ftr-441	846	69	returns	return	NOUN
ftr-441	846	70	showing	show	VERB
ftr-441	846	71	$	$	SYM
ftr-441	846	72	0	0	NUM
ftr-441	846	73	assets	asset	NOUN
ftr-441	846	74	,	,	PUNCT
ftr-441	846	75	the	the	DET
ftr-441	846	76	average	average	ADJ
ftr-441	846	77	nol	nol	NOUN
ftr-441	846	78	deduction	deduction	NOUN
ftr-441	846	79	per	per	ADP
ftr-441	846	80	claim	claim	NOUN
ftr-441	846	81	steadily	steadily	ADV
ftr-441	846	82	increases	increase	VERB
ftr-441	846	83	with	with	ADP
ftr-441	846	84	the	the	DET
ftr-441	846	85	size	size	NOUN
ftr-441	846	86	of	of	ADP
ftr-441	846	87	the	the	DET
ftr-441	846	88	corporate	corporate	ADJ
ftr-441	846	89	claimant	claimant	NOUN
ftr-441	846	90	,	,	PUNCT
ftr-441	846	91	with	with	ADP
ftr-441	846	92	corporate	corporate	ADJ
ftr-441	846	93	returns	return	NOUN
ftr-441	846	94	in	in	ADP
ftr-441	846	95	the	the	DET
ftr-441	846	96	largest	large	ADJ
ftr-441	846	97	asset	asset	NOUN
ftr-441	846	98	size	size	NOUN
ftr-441	846	99	category	category	NOUN
ftr-441	846	100	claiming	claim	VERB
ftr-441	846	101	an	an	DET
ftr-441	846	102	average	average	ADJ
ftr-441	846	103	nol	nol	NOUN
ftr-441	846	104	deduction	deduction	NOUN
ftr-441	846	105	of	of	ADP
ftr-441	846	106	over	over	ADP
ftr-441	846	107	$	$	SYM
ftr-441	846	108	21	21	NUM
ftr-441	846	109	million	million	NUM
ftr-441	846	110	.	.	PUNCT
ftr-441	846	111	'	'	PUNCT
ftr-441	847	1	moreover	moreover	ADV
ftr-441	847	2	,	,	PUNCT
ftr-441	847	3	these	these	DET
ftr-441	847	4	figures	figure	NOUN
ftr-441	847	5	only	only	ADV
ftr-441	847	6	reflect	reflect	VERB
ftr-441	847	7	nol	nol	NOUN
ftr-441	847	8	deductions	deduction	NOUN
ftr-441	847	9	107	107	NUM
ftr-441	847	10	.	.	PUNCT
ftr-441	848	1	table	table	NOUN
ftr-441	848	2	3	3	NUM
ftr-441	848	3	,	,	PUNCT
ftr-441	848	4	col	col	PROPN
ftr-441	848	5	.	.	PROPN
ftr-441	848	6	(	(	PUNCT
ftr-441	848	7	6	6	NUM
ftr-441	848	8	)	)	PUNCT
ftr-441	848	9	,	,	PUNCT
ftr-441	848	10	lines	line	VERB
ftr-441	848	11	10	10	NUM
ftr-441	848	12	-	-	SYM
ftr-441	848	13	12	12	NUM
ftr-441	848	14	.	.	PUNCT
ftr-441	848	15	108	108	NUM
ftr-441	848	16	.	.	PUNCT
ftr-441	848	17	table	table	NOUN
ftr-441	848	18	3	3	NUM
ftr-441	848	19	,	,	PUNCT
ftr-441	848	20	col	col	PROPN
ftr-441	848	21	.	.	PROPN
ftr-441	848	22	(	(	PUNCT
ftr-441	848	23	7	7	NUM
ftr-441	848	24	)	)	PUNCT
ftr-441	848	25	.	.	PUNCT
ftr-441	849	1	19991	19991	NUM
ftr-441	849	2	florida	florida	PROPN
ftr-441	849	3	tax	tax	NOUN
ftr-441	849	4	review	review	NOUN
ftr-441	849	5	carried	carry	VERB
ftr-441	849	6	forward	forward	ADV
ftr-441	849	7	to	to	ADP
ftr-441	849	8	1993	1993	NUM
ftr-441	849	9	from	from	ADP
ftr-441	849	10	a	a	DET
ftr-441	849	11	prior	prior	ADJ
ftr-441	849	12	taxable	taxable	ADJ
ftr-441	849	13	year	year	NOUN
ftr-441	849	14	.	.	PUNCT
ftr-441	850	1	"	"	PUNCT
ftr-441	850	2	°	°	ADP
ftr-441	850	3	9	9	NUM
ftr-441	850	4	hence	hence	ADV
ftr-441	850	5	,	,	PUNCT
ftr-441	850	6	the	the	DET
ftr-441	850	7	average	average	ADJ
ftr-441	850	8	nol	nol	NOUN
ftr-441	850	9	carryforward	carryforward	NOUN
ftr-441	850	10	and	and	CCONJ
ftr-441	850	11	carryback	carryback	VERB
ftr-441	850	12	deduction	deduction	NOUN
ftr-441	850	13	in	in	ADP
ftr-441	850	14	1993	1993	NUM
ftr-441	850	15	was	be	AUX
ftr-441	850	16	larger	large	ADJ
ftr-441	850	17	than	than	ADP
ftr-441	850	18	these	these	DET
ftr-441	850	19	numbers	number	NOUN
ftr-441	850	20	.	.	PUNCT
ftr-441	851	1	in	in	ADP
ftr-441	851	2	1993	1993	NUM
ftr-441	851	3	,	,	PUNCT
ftr-441	851	4	there	there	PRON
ftr-441	851	5	were	be	VERB
ftr-441	851	6	12,764	12,764	NUM
ftr-441	851	7	10	10	NUM
ftr-441	851	8	-	-	PUNCT
ftr-441	851	9	k	k	NOUN
ftr-441	851	10	forms	form	NOUN
ftr-441	851	11	filed	file	VERB
ftr-441	851	12	with	with	ADP
ftr-441	851	13	the	the	DET
ftr-441	851	14	sec	sec	PROPN
ftr-441	851	15	,	,	PUNCT
ftr-441	851	16	an	an	DET
ftr-441	851	17	indication	indication	NOUN
ftr-441	851	18	of	of	ADP
ftr-441	851	19	the	the	DET
ftr-441	851	20	number	number	NOUN
ftr-441	851	21	of	of	ADP
ftr-441	851	22	domestic	domestic	ADJ
ftr-441	851	23	public	public	ADJ
ftr-441	851	24	corporations	corporation	NOUN
ftr-441	851	25	in	in	ADP
ftr-441	851	26	existence	existence	NOUN
ftr-441	851	27	in	in	ADP
ftr-441	851	28	that	that	DET
ftr-441	851	29	year	year	NOUN
ftr-441	851	30	.	.	PUNCT
ftr-441	852	1	"	"	PUNCT
ftr-441	852	2	'	'	PUNCT
ftr-441	852	3	over	over	ADV
ftr-441	852	4	60	60	NUM
ftr-441	852	5	%	%	NOUN
ftr-441	852	6	of	of	ADP
ftr-441	852	7	those	those	DET
ftr-441	852	8	companies	company	NOUN
ftr-441	852	9	were	be	AUX
ftr-441	852	10	listed	list	VERB
ftr-441	852	11	on	on	ADP
ftr-441	852	12	either	either	CCONJ
ftr-441	852	13	the	the	DET
ftr-441	852	14	new	new	PROPN
ftr-441	852	15	york	york	PROPN
ftr-441	852	16	stock	stock	PROPN
ftr-441	852	17	exchange	exchange	PROPN
ftr-441	852	18	,	,	PUNCT
ftr-441	852	19	the	the	DET
ftr-441	852	20	american	american	ADJ
ftr-441	852	21	exchange	exchange	PROPN
ftr-441	852	22	,	,	PUNCT
ftr-441	852	23	or	or	CCONJ
ftr-441	852	24	the	the	DET
ftr-441	852	25	nasdaq	nasdaq	NOUN
ftr-441	852	26	.	.	PUNCT
ftr-441	852	27	"	"	PUNCT
ftr-441	852	28	'	'	PUNCT
ftr-441	852	29	data	datum	NOUN
ftr-441	852	30	for	for	ADP
ftr-441	852	31	companies	company	NOUN
ftr-441	852	32	listed	list	VERB
ftr-441	852	33	on	on	ADP
ftr-441	852	34	the	the	DET
ftr-441	852	35	american	american	ADJ
ftr-441	852	36	exchange	exchange	NOUN
ftr-441	852	37	in	in	ADP
ftr-441	852	38	that	that	DET
ftr-441	852	39	year	year	NOUN
ftr-441	852	40	indicates	indicate	VERB
ftr-441	852	41	a	a	DET
ftr-441	852	42	median	median	ADJ
ftr-441	852	43	asset	asset	NOUN
ftr-441	852	44	size	size	NOUN
ftr-441	852	45	of	of	ADP
ftr-441	852	46	$	$	SYM
ftr-441	852	47	58.3	58.3	NUM
ftr-441	852	48	million	million	NUM
ftr-441	852	49	and	and	CCONJ
ftr-441	852	50	a	a	DET
ftr-441	852	51	mean	mean	ADJ
ftr-441	852	52	asset	asset	NOUN
ftr-441	852	53	size	size	NOUN
ftr-441	852	54	of	of	ADP
ftr-441	852	55	$	$	SYM
ftr-441	852	56	330.4	330.4	NUM
ftr-441	852	57	million	million	NUM
ftr-441	852	58	.	.	PUNCT
ftr-441	852	59	"	"	PUNCT
ftr-441	853	1	2	2	NUM
ftr-441	853	2	nasdaq	nasdaq	NOUN
ftr-441	853	3	companies	company	NOUN
ftr-441	853	4	seem	seem	VERB
ftr-441	853	5	to	to	PART
ftr-441	853	6	have	have	VERB
ftr-441	853	7	a	a	DET
ftr-441	853	8	similar	similar	ADJ
ftr-441	853	9	profile	profile	NOUN
ftr-441	853	10	,	,	PUNCT
ftr-441	853	11	and	and	CCONJ
ftr-441	853	12	new	new	PROPN
ftr-441	853	13	york	york	PROPN
ftr-441	853	14	stock	stock	PROPN
ftr-441	853	15	exchange	exchange	PROPN
ftr-441	853	16	companies	company	NOUN
ftr-441	853	17	appear	appear	VERB
ftr-441	853	18	to	to	PART
ftr-441	853	19	be	be	AUX
ftr-441	853	20	larger	large	ADJ
ftr-441	853	21	.	.	PUNCT
ftr-441	853	22	'	'	PUNCT
ftr-441	854	1	3	3	NUM
ftr-441	854	2	thus	thus	ADV
ftr-441	854	3	,	,	PUNCT
ftr-441	854	4	as	as	SCONJ
ftr-441	854	5	one	one	PRON
ftr-441	854	6	might	might	AUX
ftr-441	854	7	expect	expect	VERB
ftr-441	854	8	,	,	PUNCT
ftr-441	854	9	it	it	PRON
ftr-441	854	10	would	would	AUX
ftr-441	854	11	seem	seem	VERB
ftr-441	854	12	that	that	SCONJ
ftr-441	854	13	public	public	NOUN
ftr-441	854	14	c	c	NOUN
ftr-441	854	15	corporations	corporation	NOUN
ftr-441	854	16	fall	fall	VERB
ftr-441	854	17	disproportionately	disproportionately	ADV
ftr-441	854	18	among	among	ADP
ftr-441	854	19	the	the	DET
ftr-441	854	20	higher	high	ADJ
ftr-441	854	21	asset	asset	NOUN
ftr-441	854	22	size	size	NOUN
ftr-441	854	23	categories	category	NOUN
ftr-441	854	24	listed	list	VERB
ftr-441	854	25	in	in	ADP
ftr-441	854	26	table	table	NOUN
ftr-441	854	27	3	3	NUM
ftr-441	854	28	,	,	PUNCT
ftr-441	854	29	the	the	DET
ftr-441	854	30	companies	company	NOUN
ftr-441	854	31	with	with	ADP
ftr-441	854	32	the	the	DET
ftr-441	854	33	largest	large	ADJ
ftr-441	854	34	average	average	ADJ
ftr-441	854	35	nol	nol	NOUN
ftr-441	854	36	deductions	deduction	NOUN
ftr-441	854	37	.	.	PUNCT
ftr-441	855	1	in	in	ADP
ftr-441	855	2	light	light	NOUN
ftr-441	855	3	of	of	ADP
ftr-441	855	4	the	the	DET
ftr-441	855	5	fact	fact	NOUN
ftr-441	855	6	that	that	SCONJ
ftr-441	855	7	net	net	ADJ
ftr-441	855	8	operating	operating	NOUN
ftr-441	855	9	losses	loss	NOUN
ftr-441	855	10	appear	appear	VERB
ftr-441	855	11	to	to	PART
ftr-441	855	12	be	be	AUX
ftr-441	855	13	so	so	ADV
ftr-441	855	14	prevalent	prevalent	ADJ
ftr-441	855	15	among	among	ADP
ftr-441	855	16	subchapter	subchapter	NOUN
ftr-441	855	17	c	c	NOUN
ftr-441	855	18	corporations	corporation	NOUN
ftr-441	855	19	generally	generally	ADV
ftr-441	855	20	,	,	PUNCT
ftr-441	855	21	and	and	CCONJ
ftr-441	855	22	that	that	SCONJ
ftr-441	855	23	public	public	NOUN
ftr-441	855	24	c	c	PROPN
ftr-441	855	25	corporations	corporation	NOUN
ftr-441	855	26	appear	appear	VERB
ftr-441	855	27	to	to	PART
ftr-441	855	28	have	have	VERB
ftr-441	855	29	large	large	ADJ
ftr-441	855	30	pools	pool	NOUN
ftr-441	855	31	of	of	ADP
ftr-441	855	32	nol	nol	NOUN
ftr-441	855	33	deductions	deduction	NOUN
ftr-441	855	34	,	,	PUNCT
ftr-441	855	35	allowing	allow	VERB
ftr-441	855	36	public	public	ADJ
ftr-441	855	37	firms	firm	NOUN
ftr-441	855	38	to	to	PART
ftr-441	855	39	be	be	AUX
ftr-441	855	40	owners	owner	NOUN
ftr-441	855	41	of	of	ADP
ftr-441	855	42	an	an	DET
ftr-441	855	43	spbf	spbf	NOUN
ftr-441	855	44	will	will	AUX
ftr-441	855	45	significantly	significantly	ADV
ftr-441	855	46	increase	increase	VERB
ftr-441	855	47	the	the	DET
ftr-441	855	48	chances	chance	NOUN
ftr-441	855	49	that	that	SCONJ
ftr-441	855	50	these	these	DET
ftr-441	855	51	entities	entity	NOUN
ftr-441	855	52	will	will	AUX
ftr-441	855	53	be	be	AUX
ftr-441	855	54	used	use	VERB
ftr-441	855	55	to	to	PART
ftr-441	855	56	shift	shift	VERB
ftr-441	855	57	sizable	sizable	ADJ
ftr-441	855	58	amounts	amount	NOUN
ftr-441	855	59	of	of	ADP
ftr-441	855	60	income	income	NOUN
ftr-441	855	61	and	and	CCONJ
ftr-441	855	62	loss	loss	NOUN
ftr-441	855	63	around	around	ADV
ftr-441	855	64	.	.	PUNCT
ftr-441	855	65	"	"	PUNCT
ftr-441	856	1	4	4	NUM
ftr-441	856	2	the	the	DET
ftr-441	856	3	pools	pool	NOUN
ftr-441	856	4	of	of	ADP
ftr-441	856	5	losses	loss	NOUN
ftr-441	856	6	provide	provide	VERB
ftr-441	856	7	potential	potential	ADJ
ftr-441	856	8	sources	source	NOUN
ftr-441	856	9	for	for	ADP
ftr-441	856	10	very	very	ADV
ftr-441	856	11	deep	deep	ADJ
ftr-441	856	12	tax	tax	NOUN
ftr-441	856	13	shelters	shelter	NOUN
ftr-441	856	14	with	with	ADP
ftr-441	856	15	minimal	minimal	ADJ
ftr-441	856	16	transaction	transaction	NOUN
ftr-441	856	17	costs	cost	NOUN
ftr-441	856	18	.	.	PUNCT
ftr-441	857	1	accordingly	accordingly	ADV
ftr-441	857	2	,	,	PUNCT
ftr-441	857	3	public	public	ADJ
ftr-441	857	4	firms	firm	NOUN
ftr-441	857	5	taxed	tax	VERB
ftr-441	857	6	under	under	ADP
ftr-441	857	7	subchapter	subchapter	NOUN
ftr-441	857	8	c	c	NOUN
ftr-441	857	9	should	should	AUX
ftr-441	857	10	be	be	AUX
ftr-441	857	11	excluded	exclude	VERB
ftr-441	857	12	from	from	ADP
ftr-441	857	13	the	the	DET
ftr-441	857	14	ranks	rank	NOUN
ftr-441	857	15	of	of	ADP
ftr-441	857	16	owners	owner	NOUN
ftr-441	857	17	of	of	ADP
ftr-441	857	18	an	an	DET
ftr-441	857	19	spbf	spbf	NOUN
ftr-441	857	20	.	.	PUNCT
ftr-441	858	1	109	109	NUM
ftr-441	858	2	.	.	PUNCT
ftr-441	858	3	see	see	VERB
ftr-441	858	4	michael	michael	PROPN
ftr-441	858	5	g.	g.	PROPN
ftr-441	858	6	seiders	seider	NOUN
ftr-441	858	7	,	,	PUNCT
ftr-441	858	8	corporation	corporation	NOUN
ftr-441	858	9	income	income	NOUN
ftr-441	858	10	tax	tax	NOUN
ftr-441	858	11	returns	return	NOUN
ftr-441	858	12	,	,	PUNCT
ftr-441	858	13	1993	1993	NUM
ftr-441	858	14	,	,	PUNCT
ftr-441	858	15	16	16	NUM
ftr-441	858	16	sol	sol	NOUN
ftr-441	858	17	bulletin	bulletin	NOUN
ftr-441	858	18	36	36	NUM
ftr-441	858	19	,	,	PUNCT
ftr-441	858	20	42	42	NUM
ftr-441	858	21	(	(	PUNCT
ftr-441	858	22	summer	summer	NOUN
ftr-441	858	23	,	,	PUNCT
ftr-441	858	24	1996	1996	NUM
ftr-441	858	25	)	)	PUNCT
ftr-441	858	26	.	.	PUNCT
ftr-441	859	1	110	110	NUM
ftr-441	859	2	.	.	PUNCT
ftr-441	859	3	securities	security	NOUN
ftr-441	859	4	and	and	CCONJ
ftr-441	859	5	exchange	exchange	PROPN
ftr-441	859	6	commission	commission	PROPN
ftr-441	859	7	,	,	PUNCT
ftr-441	859	8	directory	directory	NOUN
ftr-441	859	9	of	of	ADP
ftr-441	859	10	companies	company	NOUN
ftr-441	859	11	required	require	VERB
ftr-441	859	12	to	to	PART
ftr-441	859	13	file	file	VERB
ftr-441	859	14	annual	annual	ADJ
ftr-441	859	15	reports	report	NOUN
ftr-441	859	16	with	with	ADP
ftr-441	859	17	the	the	DET
ftr-441	859	18	securities	securities	PROPN
ftr-441	859	19	and	and	CCONJ
ftr-441	859	20	exchange	exchange	PROPN
ftr-441	859	21	commission	commission	PROPN
ftr-441	859	22	under	under	ADP
ftr-441	859	23	the	the	DET
ftr-441	859	24	securities	security	NOUN
ftr-441	859	25	exchange	exchange	PROPN
ftr-441	859	26	act	act	NOUN
ftr-441	859	27	of	of	ADP
ftr-441	859	28	1934	1934	NUM
ftr-441	859	29	1	1	NUM
ftr-441	859	30	(	(	PUNCT
ftr-441	859	31	sept	sept	PROPN
ftr-441	859	32	.	.	PROPN
ftr-441	859	33	30	30	NUM
ftr-441	859	34	,	,	PUNCT
ftr-441	859	35	1993	1993	NUM
ftr-441	859	36	)	)	PUNCT
ftr-441	859	37	.	.	PUNCT
ftr-441	860	1	111	111	NUM
ftr-441	860	2	.	.	PUNCT
ftr-441	861	1	the	the	DET
ftr-441	861	2	breakdown	breakdown	NOUN
ftr-441	861	3	was	be	AUX
ftr-441	861	4	4,611	4,611	NUM
ftr-441	861	5	companies	company	NOUN
ftr-441	861	6	for	for	ADP
ftr-441	861	7	nasdaq	nasdaq	PROPN
ftr-441	861	8	,	,	PUNCT
ftr-441	861	9	2,362	2,362	NUM
ftr-441	861	10	for	for	ADP
ftr-441	861	11	the	the	DET
ftr-441	861	12	new	new	PROPN
ftr-441	861	13	york	york	PROPN
ftr-441	861	14	stock	stock	PROPN
ftr-441	861	15	exchange	exchange	PROPN
ftr-441	861	16	,	,	PUNCT
ftr-441	861	17	and	and	CCONJ
ftr-441	861	18	869	869	NUM
ftr-441	861	19	for	for	ADP
ftr-441	861	20	the	the	DET
ftr-441	861	21	american	american	PROPN
ftr-441	861	22	exchange	exchange	PROPN
ftr-441	861	23	,	,	PUNCT
ftr-441	861	24	a	a	DET
ftr-441	861	25	total	total	NOUN
ftr-441	861	26	of	of	ADP
ftr-441	861	27	7,842	7,842	NUM
ftr-441	861	28	companies	company	NOUN
ftr-441	861	29	or	or	CCONJ
ftr-441	861	30	about	about	ADV
ftr-441	861	31	61	61	NUM
ftr-441	861	32	%	%	NOUN
ftr-441	861	33	of	of	ADP
ftr-441	861	34	the	the	DET
ftr-441	861	35	12,764	12,764	NUM
ftr-441	861	36	10	10	NUM
ftr-441	861	37	-	-	PUNCT
ftr-441	861	38	k	k	NOUN
ftr-441	861	39	forms	form	NOUN
ftr-441	861	40	filed	file	VERB
ftr-441	861	41	.	.	PUNCT
ftr-441	862	1	see	see	VERB
ftr-441	862	2	nasdaq	nasdaq	PROPN
ftr-441	862	3	mkt	mkt	PROPN
ftr-441	862	4	data	data	PROPN
ftr-441	862	5	web	web	NOUN
ftr-441	862	6	page	page	NOUN
ftr-441	862	7	(	(	PUNCT
ftr-441	862	8	visited	visit	VERB
ftr-441	862	9	july	july	PROPN
ftr-441	862	10	15	15	NUM
ftr-441	862	11	,	,	PUNCT
ftr-441	862	12	1997	1997	NUM
ftr-441	862	13	)	)	PUNCT
ftr-441	863	1	<	<	X
ftr-441	863	2	http://www.nasd.com/	http://www.nasd.com/	X
ftr-441	863	3	>	>	X
ftr-441	864	1	[	[	X
ftr-441	864	2	hereinafter	hereinafter	NOUN
ftr-441	864	3	nasdaq	nasdaq	PROPN
ftr-441	864	4	web	web	NOUN
ftr-441	864	5	page	page	NOUN
ftr-441	864	6	]	]	PUNCT
ftr-441	864	7	.	.	PUNCT
ftr-441	865	1	the	the	DET
ftr-441	865	2	statement	statement	NOUN
ftr-441	865	3	assumes	assume	VERB
ftr-441	865	4	that	that	SCONJ
ftr-441	865	5	the	the	DET
ftr-441	865	6	same	same	ADJ
ftr-441	865	7	company	company	NOUN
ftr-441	865	8	was	be	AUX
ftr-441	865	9	not	not	PART
ftr-441	865	10	traded	trade	VERB
ftr-441	865	11	on	on	ADP
ftr-441	865	12	more	more	ADJ
ftr-441	865	13	than	than	ADP
ftr-441	865	14	one	one	NUM
ftr-441	865	15	of	of	ADP
ftr-441	865	16	the	the	DET
ftr-441	865	17	exchanges	exchange	NOUN
ftr-441	865	18	.	.	PUNCT
ftr-441	866	1	112	112	NUM
ftr-441	866	2	.	.	PUNCT
ftr-441	867	1	american	american	PROPN
ftr-441	867	2	stock	stock	PROPN
ftr-441	867	3	exchange	exchange	PROPN
ftr-441	867	4	,	,	PUNCT
ftr-441	867	5	1994	1994	NUM
ftr-441	867	6	fact	fact	NOUN
ftr-441	867	7	book	book	NOUN
ftr-441	867	8	:	:	PUNCT
ftr-441	867	9	equities	equity	NOUN
ftr-441	867	10	and	and	CCONJ
ftr-441	867	11	derivative	derivative	ADJ
ftr-441	867	12	securities	security	NOUN
ftr-441	867	13	covering	cover	VERB
ftr-441	867	14	the	the	DET
ftr-441	867	15	1993	1993	NUM
ftr-441	867	16	market	market	NOUN
ftr-441	867	17	16	16	NUM
ftr-441	867	18	(	(	PUNCT
ftr-441	867	19	1994	1994	NUM
ftr-441	867	20	)	)	PUNCT
ftr-441	867	21	.	.	PUNCT
ftr-441	868	1	113	113	NUM
ftr-441	868	2	.	.	PUNCT
ftr-441	869	1	for	for	ADP
ftr-441	869	2	1997	1997	NUM
ftr-441	869	3	,	,	PUNCT
ftr-441	869	4	nasdaq	nasdaq	PROPN
ftr-441	869	5	reported	report	VERB
ftr-441	869	6	that	that	SCONJ
ftr-441	869	7	the	the	DET
ftr-441	869	8	average	average	ADJ
ftr-441	869	9	asset	asset	NOUN
ftr-441	869	10	size	size	NOUN
ftr-441	869	11	of	of	ADP
ftr-441	869	12	its	its	PRON
ftr-441	869	13	companies	company	NOUN
ftr-441	869	14	was	be	AUX
ftr-441	869	15	just	just	ADV
ftr-441	869	16	under	under	ADP
ftr-441	869	17	$	$	SYM
ftr-441	869	18	500	500	NUM
ftr-441	869	19	million	million	NUM
ftr-441	869	20	,	,	PUNCT
ftr-441	869	21	almost	almost	ADV
ftr-441	869	22	exactly	exactly	ADV
ftr-441	869	23	the	the	DET
ftr-441	869	24	same	same	ADJ
ftr-441	869	25	average	average	NOUN
ftr-441	869	26	reported	report	VERB
ftr-441	869	27	by	by	ADP
ftr-441	869	28	the	the	DET
ftr-441	869	29	american	american	PROPN
ftr-441	869	30	exchange	exchange	NOUN
ftr-441	869	31	for	for	ADP
ftr-441	869	32	that	that	DET
ftr-441	869	33	year	year	NOUN
ftr-441	869	34	.	.	PUNCT
ftr-441	870	1	see	see	VERB
ftr-441	870	2	nasdaq	nasdaq	PROPN
ftr-441	870	3	web	web	NOUN
ftr-441	870	4	page	page	NOUN
ftr-441	870	5	,	,	PUNCT
ftr-441	870	6	supra	supra	PROPN
ftr-441	870	7	note	note	PROPN
ftr-441	870	8	111	111	NUM
ftr-441	870	9	;	;	PUNCT
ftr-441	870	10	letter	letter	NOUN
ftr-441	870	11	from	from	ADP
ftr-441	870	12	scott	scott	PROPN
ftr-441	870	13	slatin	slatin	PROPN
ftr-441	870	14	,	,	PUNCT
ftr-441	870	15	equity	equity	NOUN
ftr-441	870	16	research	research	NOUN
ftr-441	870	17	and	and	CCONJ
ftr-441	870	18	development	development	NOUN
ftr-441	870	19	,	,	PUNCT
ftr-441	870	20	american	american	PROPN
ftr-441	870	21	stock	stock	PROPN
ftr-441	870	22	exchange	exchange	PROPN
ftr-441	870	23	,	,	PUNCT
ftr-441	870	24	to	to	ADP
ftr-441	870	25	peirce	peirce	PROPN
ftr-441	870	26	moser	moser	PROPN
ftr-441	870	27	(	(	PUNCT
ftr-441	870	28	aug	aug	PROPN
ftr-441	870	29	.	.	PROPN
ftr-441	870	30	6	6	NUM
ftr-441	870	31	,	,	PUNCT
ftr-441	870	32	1997	1997	NUM
ftr-441	870	33	)	)	PUNCT
ftr-441	870	34	(	(	PUNCT
ftr-441	870	35	electronically	electronically	ADV
ftr-441	870	36	transmitted	transmit	VERB
ftr-441	870	37	)	)	PUNCT
ftr-441	870	38	(	(	PUNCT
ftr-441	870	39	on	on	ADP
ftr-441	870	40	file	file	NOUN
ftr-441	870	41	with	with	ADP
ftr-441	870	42	author	author	NOUN
ftr-441	870	43	)	)	PUNCT
ftr-441	870	44	.	.	PUNCT
ftr-441	871	1	in	in	ADP
ftr-441	871	2	1994	1994	NUM
ftr-441	871	3	and	and	CCONJ
ftr-441	871	4	since	since	SCONJ
ftr-441	871	5	1988	1988	NUM
ftr-441	871	6	,	,	PUNCT
ftr-441	871	7	to	to	PART
ftr-441	871	8	be	be	AUX
ftr-441	871	9	listed	list	VERB
ftr-441	871	10	on	on	ADP
ftr-441	871	11	the	the	DET
ftr-441	871	12	new	new	PROPN
ftr-441	871	13	york	york	PROPN
ftr-441	871	14	stock	stock	PROPN
ftr-441	871	15	exchange	exchange	PROPN
ftr-441	871	16	,	,	PUNCT
ftr-441	871	17	a	a	DET
ftr-441	871	18	company	company	NOUN
ftr-441	871	19	had	have	VERB
ftr-441	871	20	to	to	PART
ftr-441	871	21	have	have	VERB
ftr-441	871	22	a	a	DET
ftr-441	871	23	minimum	minimum	NOUN
ftr-441	871	24	of	of	ADP
ftr-441	871	25	$	$	SYM
ftr-441	871	26	18	18	NUM
ftr-441	871	27	million	million	NUM
ftr-441	871	28	in	in	ADP
ftr-441	871	29	assets	asset	NOUN
ftr-441	871	30	.	.	PUNCT
ftr-441	872	1	new	new	PROPN
ftr-441	872	2	york	york	PROPN
ftr-441	872	3	stock	stock	PROPN
ftr-441	872	4	exchange	exchange	PROPN
ftr-441	872	5	,	,	PUNCT
ftr-441	872	6	fact	fact	NOUN
ftr-441	872	7	book	book	NOUN
ftr-441	872	8	for	for	ADP
ftr-441	872	9	the	the	DET
ftr-441	872	10	year	year	NOUN
ftr-441	872	11	1994	1994	NUM
ftr-441	872	12	,	,	PUNCT
ftr-441	872	13	p.	p.	NOUN
ftr-441	872	14	35	35	NUM
ftr-441	872	15	(	(	PUNCT
ftr-441	872	16	1995	1995	NUM
ftr-441	872	17	)	)	PUNCT
ftr-441	872	18	.	.	PUNCT
ftr-441	873	1	114	114	NUM
ftr-441	873	2	.	.	PUNCT
ftr-441	874	1	cf	cf	NOUN
ftr-441	874	2	.	.	PUNCT
ftr-441	875	1	richard	richard	PROPN
ftr-441	875	2	g.	g.	PROPN
ftr-441	875	3	cohen	cohen	PROPN
ftr-441	875	4	&	&	CCONJ
ftr-441	875	5	lori	lori	PROPN
ftr-441	875	6	s.	s.	PROPN
ftr-441	875	7	hoberman	hoberman	PROPN
ftr-441	875	8	,	,	PUNCT
ftr-441	875	9	partnership	partnership	NOUN
ftr-441	875	10	taxation	taxation	NOUN
ftr-441	875	11	:	:	PUNCT
ftr-441	875	12	changes	change	NOUN
ftr-441	875	13	for	for	ADP
ftr-441	875	14	the	the	DET
ftr-441	875	15	'	'	NOUN
ftr-441	875	16	90s	90	NOUN
ftr-441	875	17	,	,	PUNCT
ftr-441	875	18	71	71	NUM
ftr-441	875	19	taxes	taxis	NOUN
ftr-441	875	20	882	882	NUM
ftr-441	875	21	,	,	PUNCT
ftr-441	875	22	883	883	NUM
ftr-441	875	23	(	(	PUNCT
ftr-441	875	24	1993	1993	NUM
ftr-441	875	25	)	)	PUNCT
ftr-441	875	26	.	.	PUNCT
ftr-441	876	1	[	[	X
ftr-441	876	2	vol	vol	NOUN
ftr-441	876	3	4:3	4:3	NUM
ftr-441	876	4	the	the	DET
ftr-441	876	5	future	future	ADJ
ftr-441	876	6	taxation	taxation	NOUN
ftr-441	876	7	of	of	ADP
ftr-441	876	8	private	private	ADJ
ftr-441	876	9	business	business	NOUN
ftr-441	876	10	finns	finns	PROPN
ftr-441	876	11	c.	c.	PROPN
ftr-441	876	12	other	other	ADJ
ftr-441	876	13	possible	possible	ADJ
ftr-441	876	14	owners.-in	owners.-in	NOUN
ftr-441	876	15	addition	addition	NOUN
ftr-441	876	16	to	to	ADP
ftr-441	876	17	corporations	corporation	NOUN
ftr-441	876	18	,	,	PUNCT
ftr-441	876	19	the	the	DET
ftr-441	876	20	subchapter	subchapter	NOUN
ftr-441	876	21	s	s	PART
ftr-441	876	22	rules	rule	NOUN
ftr-441	876	23	prohibit	prohibit	VERB
ftr-441	876	24	most	most	ADJ
ftr-441	876	25	other	other	ADJ
ftr-441	876	26	entities	entity	NOUN
ftr-441	876	27	from	from	ADP
ftr-441	876	28	being	be	AUX
ftr-441	876	29	owners	owner	NOUN
ftr-441	876	30	.	.	PUNCT
ftr-441	876	31	'	'	PUNCT
ftr-441	876	32	"	"	PUNCT
ftr-441	876	33	clearly	clearly	ADV
ftr-441	876	34	,	,	PUNCT
ftr-441	876	35	for	for	ADP
ftr-441	876	36	reasons	reason	NOUN
ftr-441	876	37	described	describe	VERB
ftr-441	876	38	above	above	ADV
ftr-441	876	39	,	,	PUNCT
ftr-441	876	40	a	a	DET
ftr-441	876	41	private	private	ADJ
ftr-441	876	42	business	business	NOUN
ftr-441	876	43	firm	firm	NOUN
ftr-441	876	44	with	with	ADP
ftr-441	876	45	a	a	DET
ftr-441	876	46	public	public	ADJ
ftr-441	876	47	firm	firm	ADJ
ftr-441	876	48	owner	owner	NOUN
ftr-441	876	49	should	should	AUX
ftr-441	876	50	not	not	PART
ftr-441	876	51	be	be	AUX
ftr-441	876	52	an	an	DET
ftr-441	876	53	eligible	eligible	ADJ
ftr-441	876	54	spbf	spbf	NOUN
ftr-441	876	55	owner	owner	NOUN
ftr-441	876	56	.	.	PUNCT
ftr-441	877	1	to	to	PART
ftr-441	877	2	maintain	maintain	VERB
ftr-441	877	3	simplicity	simplicity	NOUN
ftr-441	877	4	and	and	CCONJ
ftr-441	877	5	to	to	PART
ftr-441	877	6	protect	protect	VERB
ftr-441	877	7	the	the	DET
ftr-441	877	8	one	one	NUM
ftr-441	877	9	class	class	NOUN
ftr-441	877	10	of	of	ADP
ftr-441	877	11	residual	residual	ADJ
ftr-441	877	12	ownership	ownership	NOUN
ftr-441	877	13	interests	interest	NOUN
ftr-441	877	14	rule	rule	NOUN
ftr-441	877	15	(	(	PUNCT
ftr-441	877	16	described	describe	VERB
ftr-441	877	17	below	below	ADV
ftr-441	877	18	)	)	PUNCT
ftr-441	877	19	,	,	PUNCT
ftr-441	877	20	most	most	ADJ
ftr-441	877	21	other	other	ADJ
ftr-441	877	22	entities	entity	NOUN
ftr-441	877	23	should	should	AUX
ftr-441	877	24	also	also	ADV
ftr-441	877	25	be	be	AUX
ftr-441	877	26	excluded	exclude	VERB
ftr-441	877	27	as	as	ADP
ftr-441	877	28	eligible	eligible	ADJ
ftr-441	877	29	owners	owner	NOUN
ftr-441	877	30	.	.	PUNCT
ftr-441	878	1	exceptions	exception	NOUN
ftr-441	878	2	are	be	AUX
ftr-441	878	3	provided	provide	VERB
ftr-441	878	4	for	for	ADP
ftr-441	878	5	estates	estate	NOUN
ftr-441	878	6	and	and	CCONJ
ftr-441	878	7	certain	certain	ADJ
ftr-441	878	8	trusts	trust	NOUN
ftr-441	878	9	that	that	PRON
ftr-441	878	10	qualify	qualify	VERB
ftr-441	878	11	under	under	ADP
ftr-441	878	12	current	current	ADJ
ftr-441	878	13	law	law	NOUN
ftr-441	878	14	as	as	ADP
ftr-441	878	15	an	an	DET
ftr-441	878	16	eligible	eligible	ADJ
ftr-441	878	17	shareholder	shareholder	NOUN
ftr-441	878	18	of	of	ADP
ftr-441	878	19	an	an	DET
ftr-441	878	20	s	s	NOUN
ftr-441	878	21	corporation	corporation	NOUN
ftr-441	878	22	.	.	PUNCT
ftr-441	878	23	"	"	PUNCT
ftr-441	879	1	6	6	NUM
ftr-441	879	2	as	as	ADP
ftr-441	879	3	under	under	ADP
ftr-441	879	4	current	current	ADJ
ftr-441	879	5	law	law	NOUN
ftr-441	879	6	,	,	PUNCT
ftr-441	879	7	however	however	ADV
ftr-441	879	8	,	,	PUNCT
ftr-441	879	9	a	a	DET
ftr-441	879	10	qualifying	qualify	VERB
ftr-441	879	11	trust	trust	NOUN
ftr-441	879	12	may	may	AUX
ftr-441	879	13	not	not	PART
ftr-441	879	14	have	have	VERB
ftr-441	879	15	as	as	ADP
ftr-441	879	16	a	a	DET
ftr-441	879	17	beneficiary	beneficiary	NOUN
ftr-441	879	18	any	any	DET
ftr-441	879	19	person	person	NOUN
ftr-441	879	20	who	who	PRON
ftr-441	879	21	is	be	AUX
ftr-441	879	22	ineligible	ineligible	ADJ
ftr-441	879	23	to	to	PART
ftr-441	879	24	be	be	AUX
ftr-441	879	25	an	an	DET
ftr-441	879	26	owner	owner	NOUN
ftr-441	879	27	of	of	ADP
ftr-441	879	28	an	an	DET
ftr-441	879	29	spbf	spbf	NOUN
ftr-441	879	30	.	.	PUNCT
ftr-441	880	1	"	"	PUNCT
ftr-441	880	2	'	'	PUNCT
ftr-441	880	3	an	an	DET
ftr-441	880	4	spbf	spbf	NOUN
ftr-441	880	5	may	may	AUX
ftr-441	880	6	also	also	ADV
ftr-441	880	7	have	have	VERB
ftr-441	880	8	another	another	DET
ftr-441	880	9	spbf	spbf	NOUN
ftr-441	880	10	as	as	ADP
ftr-441	880	11	an	an	DET
ftr-441	880	12	owner	owner	NOUN
ftr-441	880	13	.	.	PUNCT
ftr-441	881	1	thus	thus	ADV
ftr-441	881	2	,	,	PUNCT
ftr-441	881	3	for	for	ADP
ftr-441	881	4	example	example	NOUN
ftr-441	881	5	,	,	PUNCT
ftr-441	881	6	a	a	DET
ftr-441	881	7	professional	professional	ADJ
ftr-441	881	8	partnership	partnership	NOUN
ftr-441	881	9	some	some	PRON
ftr-441	881	10	of	of	ADP
ftr-441	881	11	whose	whose	DET
ftr-441	881	12	partners	partner	NOUN
ftr-441	881	13	are	be	AUX
ftr-441	881	14	single	single	ADJ
ftr-441	881	15	-	-	PUNCT
ftr-441	881	16	member	member	NOUN
ftr-441	881	17	llcs	llcs	NOUN
ftr-441	881	18	would	would	AUX
ftr-441	881	19	satisfy	satisfy	VERB
ftr-441	881	20	the	the	DET
ftr-441	881	21	ownership	ownership	NOUN
ftr-441	881	22	requirement	requirement	NOUN
ftr-441	881	23	for	for	ADP
ftr-441	881	24	an	an	DET
ftr-441	881	25	spbf	spbf	NOUN
ftr-441	881	26	if	if	SCONJ
ftr-441	881	27	the	the	DET
ftr-441	881	28	llc	llc	PROPN
ftr-441	881	29	partners	partner	VERB
ftr-441	881	30	themselves	themselves	PRON
ftr-441	881	31	qualify	qualify	VERB
ftr-441	881	32	as	as	ADP
ftr-441	881	33	spbfs	spbfs	NOUN
ftr-441	881	34	.	.	PUNCT
ftr-441	882	1	congress	congress	PROPN
ftr-441	882	2	recently	recently	ADV
ftr-441	882	3	allowed	allow	VERB
ftr-441	882	4	tax	tax	NOUN
ftr-441	882	5	-	-	PUNCT
ftr-441	882	6	exempt	exempt	ADJ
ftr-441	882	7	qualified	qualified	ADJ
ftr-441	882	8	retirement	retirement	NOUN
ftr-441	882	9	plans	plan	NOUN
ftr-441	882	10	under	under	ADP
ftr-441	882	11	section	section	NOUN
ftr-441	882	12	401(a	401(a	PROPN
ftr-441	882	13	)	)	PUNCT
ftr-441	882	14	and	and	CCONJ
ftr-441	882	15	charitable	charitable	ADJ
ftr-441	882	16	organizations	organization	NOUN
ftr-441	882	17	under	under	ADP
ftr-441	882	18	section	section	NOUN
ftr-441	882	19	501(c)(3	501(c)(3	NOUN
ftr-441	882	20	)	)	PUNCT
ftr-441	882	21	to	to	PART
ftr-441	882	22	qualify	qualify	VERB
ftr-441	882	23	as	as	ADP
ftr-441	882	24	shareholders	shareholder	NOUN
ftr-441	882	25	of	of	ADP
ftr-441	882	26	an	an	DET
ftr-441	882	27	s	s	NOUN
ftr-441	882	28	corporation	corporation	NOUN
ftr-441	882	29	so	so	ADV
ftr-441	882	30	long	long	ADV
ftr-441	882	31	as	as	SCONJ
ftr-441	882	32	the	the	DET
ftr-441	882	33	tax	tax	NOUN
ftr-441	882	34	-	-	PUNCT
ftr-441	882	35	exempt	exempt	ADJ
ftr-441	882	36	entity	entity	NOUN
ftr-441	882	37	's	's	PART
ftr-441	882	38	share	share	NOUN
ftr-441	882	39	of	of	ADP
ftr-441	882	40	s	s	NOUN
ftr-441	882	41	income	income	NOUN
ftr-441	882	42	is	be	AUX
ftr-441	882	43	taxable	taxable	ADJ
ftr-441	882	44	as	as	ADP
ftr-441	882	45	unrelated	unrelated	ADJ
ftr-441	882	46	business	business	NOUN
ftr-441	882	47	income	income	NOUN
ftr-441	882	48	.	.	PUNCT
ftr-441	882	49	"	"	PUNCT
ftr-441	882	50	'	'	PUNCT
ftr-441	882	51	according	accord	VERB
ftr-441	882	52	to	to	ADP
ftr-441	882	53	the	the	DET
ftr-441	882	54	senate	senate	PROPN
ftr-441	882	55	report	report	PROPN
ftr-441	882	56	...	...	PUNCT
ftr-441	882	57	the	the	DET
ftr-441	882	58	present	present	ADJ
ftr-441	882	59	-	-	PUNCT
ftr-441	882	60	law	law	NOUN
ftr-441	882	61	prohibition	prohibition	NOUN
ftr-441	882	62	of	of	ADP
ftr-441	882	63	certain	certain	ADJ
ftr-441	882	64	tax	tax	NOUN
ftr-441	882	65	-	-	PUNCT
ftr-441	882	66	exempt	exempt	ADJ
ftr-441	882	67	organizations	organization	NOUN
ftr-441	882	68	being	be	AUX
ftr-441	882	69	s	s	NOUN
ftr-441	882	70	corporation	corporation	NOUN
ftr-441	882	71	shareholders	shareholder	NOUN
ftr-441	882	72	may	may	AUX
ftr-441	882	73	inhibit	inhibit	VERB
ftr-441	882	74	employee	employee	NOUN
ftr-441	882	75	ownership	ownership	NOUN
ftr-441	882	76	of	of	ADP
ftr-441	882	77	closely	closely	ADV
ftr-441	882	78	-	-	PUNCT
ftr-441	882	79	held	hold	VERB
ftr-441	882	80	businesses	business	NOUN
ftr-441	882	81	,	,	PUNCT
ftr-441	882	82	frustrate	frustrate	VERB
ftr-441	882	83	estate	estate	NOUN
ftr-441	882	84	planning	planning	NOUN
ftr-441	882	85	,	,	PUNCT
ftr-441	882	86	discourage	discourage	VERB
ftr-441	882	87	charitable	charitable	ADJ
ftr-441	882	88	giving	giving	NOUN
ftr-441	882	89	,	,	PUNCT
ftr-441	882	90	and	and	CCONJ
ftr-441	882	91	restrict	restrict	VERB
ftr-441	882	92	sources	source	NOUN
ftr-441	882	93	of	of	ADP
ftr-441	882	94	capital	capital	NOUN
ftr-441	882	95	for	for	ADP
ftr-441	882	96	closely	closely	ADV
ftr-441	882	97	-	-	PUNCT
ftr-441	882	98	held	hold	VERB
ftr-441	882	99	businesses	business	NOUN
ftr-441	882	100	.	.	PUNCT
ftr-441	883	1	the	the	DET
ftr-441	883	2	committee	committee	NOUN
ftr-441	883	3	seeks	seek	VERB
ftr-441	883	4	to	to	PART
ftr-441	883	5	lift	lift	VERB
ftr-441	883	6	these	these	DET
ftr-441	883	7	barriers	barrier	NOUN
ftr-441	883	8	by	by	ADP
ftr-441	883	9	allowing	allow	VERB
ftr-441	883	10	certain	certain	ADJ
ftr-441	883	11	taxexempt	taxexempt	ADJ
ftr-441	883	12	organizations	organization	NOUN
ftr-441	883	13	to	to	PART
ftr-441	883	14	be	be	AUX
ftr-441	883	15	shareholders	shareholder	NOUN
ftr-441	883	16	in	in	ADP
ftr-441	883	17	s	s	PART
ftr-441	883	18	corporations	corporation	NOUN
ftr-441	883	19	.	.	PUNCT
ftr-441	884	1	however	however	ADV
ftr-441	884	2	,	,	PUNCT
ftr-441	884	3	the	the	DET
ftr-441	884	4	provisions	provision	NOUN
ftr-441	884	5	of	of	ADP
ftr-441	884	6	subchapter	subchapter	NOUN
ftr-441	884	7	s	s	VERB
ftr-441	884	8	were	be	AUX
ftr-441	884	9	enacted	enact	VERB
ftr-441	884	10	in	in	ADP
ftr-441	884	11	1958	1958	NUM
ftr-441	884	12	and	and	CCONJ
ftr-441	884	13	substantially	substantially	ADV
ftr-441	884	14	modified	modify	VERB
ftr-441	884	15	in	in	ADP
ftr-441	884	16	1982	1982	NUM
ftr-441	884	17	on	on	ADP
ftr-441	884	18	the	the	DET
ftr-441	884	19	premise	premise	NOUN
ftr-441	884	20	that	that	SCONJ
ftr-441	884	21	all	all	DET
ftr-441	884	22	income	income	NOUN
ftr-441	884	23	of	of	ADP
ftr-441	884	24	the	the	DET
ftr-441	884	25	s	s	PROPN
ftr-441	884	26	corporation	corporation	NOUN
ftr-441	884	27	(	(	PUNCT
ftr-441	884	28	including	include	VERB
ftr-441	884	29	all	all	DET
ftr-441	884	30	gains	gain	NOUN
ftr-441	884	31	on	on	ADP
ftr-441	884	32	the	the	DET
ftr-441	884	33	sale	sale	NOUN
ftr-441	884	34	of	of	ADP
ftr-441	884	35	the	the	DET
ftr-441	884	36	stock	stock	NOUN
ftr-441	884	37	)	)	PUNCT
ftr-441	884	38	would	would	AUX
ftr-441	884	39	be	be	AUX
ftr-441	884	40	subject	subject	ADJ
ftr-441	884	41	to	to	ADP
ftr-441	884	42	a	a	DET
ftr-441	884	43	shareholder	shareholder	NOUN
ftr-441	884	44	-	-	PUNCT
ftr-441	884	45	level	level	NOUN
ftr-441	884	46	income	income	NOUN
ftr-441	884	47	tax	tax	NOUN
ftr-441	884	48	.	.	PUNCT
ftr-441	885	1	this	this	DET
ftr-441	885	2	underlying	underlying	ADJ
ftr-441	885	3	premise	premise	NOUN
ftr-441	885	4	allows	allow	VERB
ftr-441	885	5	the	the	DET
ftr-441	885	6	rules	rule	NOUN
ftr-441	885	7	governing	govern	VERB
ftr-441	885	8	s	s	PART
ftr-441	885	9	corporations	corporation	NOUN
ftr-441	885	10	to	to	PART
ftr-441	885	11	be	be	AUX
ftr-441	885	12	relatively	relatively	ADV
ftr-441	885	13	simple	simple	ADJ
ftr-441	885	14	(	(	PUNCT
ftr-441	885	15	in	in	ADP
ftr-441	885	16	contrast	contrast	NOUN
ftr-441	885	17	,	,	PUNCT
ftr-441	885	18	for	for	ADP
ftr-441	885	19	example	example	NOUN
ftr-441	885	20	,	,	PUNCT
ftr-441	885	21	to	to	ADP
ftr-441	885	22	the	the	DET
ftr-441	885	23	partnership	partnership	NOUN
ftr-441	885	24	rules	rule	NOUN
ftr-441	885	25	of	of	ADP
ftr-441	885	26	subchapter	subchapter	NOUN
ftr-441	885	27	k	k	PROPN
ftr-441	885	28	)	)	PUNCT
ftr-441	885	29	because	because	SCONJ
ftr-441	885	30	of	of	ADP
ftr-441	885	31	the	the	DET
ftr-441	885	32	lack	lack	NOUN
ftr-441	885	33	of	of	ADP
ftr-441	885	34	concern	concern	NOUN
ftr-441	885	35	about	about	ADP
ftr-441	885	36	"	"	PUNCT
ftr-441	885	37	transferring	transfer	VERB
ftr-441	885	38	"	"	PUNCT
ftr-441	885	39	income	income	NOUN
ftr-441	885	40	to	to	ADP
ftr-441	885	41	non	non	ADJ
ftr-441	885	42	-	-	ADJ
ftr-441	885	43	taxpaying	taxpaying	ADJ
ftr-441	885	44	persons	person	NOUN
ftr-441	885	45	.	.	PUNCT
ftr-441	886	1	consistent	consistent	ADJ
ftr-441	886	2	with	with	ADP
ftr-441	886	3	this	this	DET
ftr-441	886	4	underlying	underlie	VERB
ftr-441	886	5	premise	premise	NOUN
ftr-441	886	6	of	of	ADP
ftr-441	886	7	subchapter	subchapter	NOUN
ftr-441	886	8	s	s	NOUN
ftr-441	886	9	,	,	PUNCT
ftr-441	886	10	the	the	DET
ftr-441	886	11	115	115	NUM
ftr-441	886	12	.	.	PUNCT
ftr-441	887	1	irc	irc	PROPN
ftr-441	887	2	§	§	PROPN
ftr-441	887	3	1361(b)(1)(b	1361(b)(1)(b	NUM
ftr-441	887	4	)	)	PUNCT
ftr-441	887	5	.	.	PUNCT
ftr-441	888	1	116	116	NUM
ftr-441	888	2	.	.	PUNCT
ftr-441	889	1	irc	irc	PROPN
ftr-441	889	2	§	§	PROPN
ftr-441	889	3	1361(c)(2	1361(c)(2	NUM
ftr-441	889	4	)	)	PUNCT
ftr-441	889	5	.	.	PUNCT
ftr-441	890	1	117	117	NUM
ftr-441	890	2	.	.	PUNCT
ftr-441	890	3	irc	irc	PROPN
ftr-441	890	4	§	§	PROPN
ftr-441	890	5	1361(e)(1)(a	1361(e)(1)(a	NUM
ftr-441	890	6	)	)	PUNCT
ftr-441	890	7	.	.	PUNCT
ftr-441	891	1	118	118	NUM
ftr-441	891	2	.	.	PUNCT
ftr-441	891	3	irc	irc	VERB
ftr-441	891	4	§	§	PROPN
ftr-441	891	5	§	§	PROPN
ftr-441	891	6	1361(c)(6	1361(c)(6	NUM
ftr-441	891	7	)	)	PUNCT
ftr-441	891	8	and	and	CCONJ
ftr-441	891	9	512(e	512(e	NOUN
ftr-441	891	10	)	)	PUNCT
ftr-441	891	11	,	,	PUNCT
ftr-441	891	12	added	add	VERB
ftr-441	891	13	by	by	ADP
ftr-441	891	14	the	the	DET
ftr-441	891	15	small	small	ADJ
ftr-441	891	16	business	business	NOUN
ftr-441	891	17	job	job	NOUN
ftr-441	891	18	protection	protection	NOUN
ftr-441	891	19	act	act	NOUN
ftr-441	891	20	of	of	ADP
ftr-441	891	21	1996	1996	NUM
ftr-441	891	22	.	.	PUNCT
ftr-441	892	1	but	but	CCONJ
ftr-441	892	2	see	see	VERB
ftr-441	892	3	irc	irc	ADV
ftr-441	892	4	§	§	PROPN
ftr-441	892	5	512(e)(3	512(e)(3	NUM
ftr-441	892	6	)	)	PUNCT
ftr-441	892	7	,	,	PUNCT
ftr-441	892	8	added	add	VERB
ftr-441	892	9	by	by	ADP
ftr-441	892	10	the	the	DET
ftr-441	892	11	1997	1997	NUM
ftr-441	892	12	act	act	NOUN
ftr-441	892	13	,	,	PUNCT
ftr-441	892	14	which	which	PRON
ftr-441	892	15	repealed	repeal	VERB
ftr-441	892	16	the	the	DET
ftr-441	892	17	application	application	NOUN
ftr-441	892	18	of	of	ADP
ftr-441	892	19	the	the	DET
ftr-441	892	20	unrelated	unrelated	ADJ
ftr-441	892	21	business	business	NOUN
ftr-441	892	22	income	income	NOUN
ftr-441	892	23	tax	tax	NOUN
ftr-441	892	24	to	to	ADP
ftr-441	892	25	esops	esop	NOUN
ftr-441	892	26	that	that	PRON
ftr-441	892	27	are	be	AUX
ftr-441	892	28	s	s	NOUN
ftr-441	892	29	corporation	corporation	NOUN
ftr-441	892	30	shareholders	shareholder	NOUN
ftr-441	892	31	.	.	PUNCT
ftr-441	893	1	see	see	VERB
ftr-441	893	2	martin	martin	PROPN
ftr-441	893	3	d.	d.	PROPN
ftr-441	893	4	ginsburg	ginsburg	PROPN
ftr-441	893	5	,	,	PUNCT
ftr-441	893	6	the	the	DET
ftr-441	893	7	taxpayer	taxpayer	NOUN
ftr-441	893	8	relief	relief	PROPN
ftr-441	893	9	act	act	NOUN
ftr-441	893	10	of	of	ADP
ftr-441	893	11	1997	1997	NUM
ftr-441	893	12	:	:	PUNCT
ftr-441	893	13	worse	bad	ADJ
ftr-441	893	14	than	than	SCONJ
ftr-441	893	15	you	you	PRON
ftr-441	893	16	think	think	VERB
ftr-441	893	17	,	,	PUNCT
ftr-441	893	18	76	76	NUM
ftr-441	893	19	tax	tax	NOUN
ftr-441	893	20	notes	note	NOUN
ftr-441	893	21	1790	1790	NUM
ftr-441	893	22	(	(	PUNCT
ftr-441	893	23	1997	1997	NUM
ftr-441	893	24	)	)	PUNCT
ftr-441	893	25	(	(	PUNCT
ftr-441	893	26	demonstrating	demonstrate	VERB
ftr-441	893	27	how	how	SCONJ
ftr-441	893	28	§	§	PROPN
ftr-441	893	29	512(e)(3	512(e)(3	NUM
ftr-441	893	30	)	)	PUNCT
ftr-441	893	31	may	may	AUX
ftr-441	893	32	operate	operate	VERB
ftr-441	893	33	to	to	PART
ftr-441	893	34	exempt	exempt	VERB
ftr-441	893	35	from	from	ADP
ftr-441	893	36	tax	tax	NOUN
ftr-441	893	37	all	all	PRON
ftr-441	893	38	of	of	ADP
ftr-441	893	39	the	the	DET
ftr-441	893	40	income	income	NOUN
ftr-441	893	41	of	of	ADP
ftr-441	893	42	an	an	DET
ftr-441	893	43	s	s	NOUN
ftr-441	893	44	corporation	corporation	NOUN
ftr-441	893	45	for	for	ADP
ftr-441	893	46	an	an	DET
ftr-441	893	47	extended	extended	ADJ
ftr-441	893	48	period	period	NOUN
ftr-441	893	49	of	of	ADP
ftr-441	893	50	time	time	NOUN
ftr-441	893	51	)	)	PUNCT
ftr-441	893	52	.	.	PUNCT
ftr-441	894	1	19991	19991	NUM
ftr-441	894	2	florida	florida	PROPN
ftr-441	894	3	tax	tax	NOUN
ftr-441	894	4	review	review	NOUN
ftr-441	894	5	provision	provision	NOUN
ftr-441	894	6	treats	treat	VERB
ftr-441	894	7	all	all	DET
ftr-441	894	8	the	the	DET
ftr-441	894	9	income	income	NOUN
ftr-441	894	10	flowing	flow	VERB
ftr-441	894	11	through	through	ADP
ftr-441	894	12	to	to	ADP
ftr-441	894	13	a	a	DET
ftr-441	894	14	tax	tax	NOUN
ftr-441	894	15	-	-	PUNCT
ftr-441	894	16	exempt	exempt	ADJ
ftr-441	894	17	shareholder	shareholder	NOUN
ftr-441	894	18	,	,	PUNCT
ftr-441	894	19	and	and	CCONJ
ftr-441	894	20	gains	gain	NOUN
ftr-441	894	21	and	and	CCONJ
ftr-441	894	22	losses	loss	NOUN
ftr-441	894	23	from	from	ADP
ftr-441	894	24	the	the	DET
ftr-441	894	25	disposition	disposition	NOUN
ftr-441	894	26	of	of	ADP
ftr-441	894	27	the	the	DET
ftr-441	894	28	stock	stock	NOUN
ftr-441	894	29	,	,	PUNCT
ftr-441	894	30	as	as	ADP
ftr-441	894	31	unrelated	unrelated	ADJ
ftr-441	894	32	business	business	NOUN
ftr-441	894	33	taxable	taxable	ADJ
ftr-441	894	34	income	income	NOUN
ftr-441	894	35	.	.	PUNCT
ftr-441	895	1	"9	"9	VERB
ftr-441	895	2	the	the	DET
ftr-441	895	3	senate	senate	PROPN
ftr-441	895	4	report	report	NOUN
ftr-441	895	5	evidences	evidence	VERB
ftr-441	895	6	a	a	DET
ftr-441	895	7	desire	desire	NOUN
ftr-441	895	8	to	to	PART
ftr-441	895	9	increase	increase	VERB
ftr-441	895	10	the	the	DET
ftr-441	895	11	flexibility	flexibility	NOUN
ftr-441	895	12	and	and	CCONJ
ftr-441	895	13	utility	utility	NOUN
ftr-441	895	14	of	of	ADP
ftr-441	895	15	subchapter	subchapter	NOUN
ftr-441	895	16	s	s	PART
ftr-441	895	17	while	while	NOUN
ftr-441	895	18	,	,	PUNCT
ftr-441	895	19	at	at	ADP
ftr-441	895	20	the	the	DET
ftr-441	895	21	same	same	ADJ
ftr-441	895	22	time	time	NOUN
ftr-441	895	23	,	,	PUNCT
ftr-441	895	24	preserving	preserve	VERB
ftr-441	895	25	its	its	PRON
ftr-441	895	26	relatively	relatively	ADV
ftr-441	895	27	simple	simple	ADJ
ftr-441	895	28	operating	operating	NOUN
ftr-441	895	29	rule	rule	NOUN
ftr-441	895	30	structure	structure	NOUN
ftr-441	895	31	.	.	PUNCT
ftr-441	896	1	these	these	PRON
ftr-441	896	2	are	be	AUX
ftr-441	896	3	exactly	exactly	ADV
ftr-441	896	4	the	the	DET
ftr-441	896	5	same	same	ADJ
ftr-441	896	6	two	two	NUM
ftr-441	896	7	objectives	objective	NOUN
ftr-441	896	8	for	for	ADP
ftr-441	896	9	an	an	DET
ftr-441	896	10	spbf	spbf	NOUN
ftr-441	896	11	.	.	PUNCT
ftr-441	897	1	however	however	ADV
ftr-441	897	2	,	,	PUNCT
ftr-441	897	3	in	in	ADP
ftr-441	897	4	contrast	contrast	NOUN
ftr-441	897	5	to	to	ADP
ftr-441	897	6	the	the	DET
ftr-441	897	7	congressional	congressional	ADJ
ftr-441	897	8	decision	decision	NOUN
ftr-441	897	9	in	in	ADP
ftr-441	897	10	1996	1996	NUM
ftr-441	897	11	,	,	PUNCT
ftr-441	897	12	this	this	DET
ftr-441	897	13	article	article	NOUN
ftr-441	897	14	concludes	conclude	VERB
ftr-441	897	15	that	that	SCONJ
ftr-441	897	16	on	on	ADP
ftr-441	897	17	balance	balance	NOUN
ftr-441	897	18	,	,	PUNCT
ftr-441	897	19	it	it	PRON
ftr-441	897	20	would	would	AUX
ftr-441	897	21	be	be	AUX
ftr-441	897	22	preferable	preferable	ADJ
ftr-441	897	23	to	to	PART
ftr-441	897	24	exclude	exclude	VERB
ftr-441	897	25	such	such	ADJ
ftr-441	897	26	entities	entity	NOUN
ftr-441	897	27	as	as	ADP
ftr-441	897	28	owners	owner	NOUN
ftr-441	897	29	,	,	PUNCT
ftr-441	897	30	as	as	SCONJ
ftr-441	897	31	was	be	AUX
ftr-441	897	32	the	the	DET
ftr-441	897	33	case	case	NOUN
ftr-441	897	34	for	for	ADP
ftr-441	897	35	subchapter	subchapter	NOUN
ftr-441	897	36	s	s	PART
ftr-441	897	37	prior	prior	ADV
ftr-441	897	38	to	to	ADP
ftr-441	897	39	1996	1996	NUM
ftr-441	897	40	.	.	PUNCT
ftr-441	898	1	first	first	ADV
ftr-441	898	2	,	,	PUNCT
ftr-441	898	3	allowing	allow	VERB
ftr-441	898	4	such	such	ADJ
ftr-441	898	5	entities	entity	NOUN
ftr-441	898	6	to	to	PART
ftr-441	898	7	be	be	AUX
ftr-441	898	8	owners	owner	NOUN
ftr-441	898	9	of	of	ADP
ftr-441	898	10	an	an	DET
ftr-441	898	11	spbf	spbf	NOUN
ftr-441	898	12	,	,	PUNCT
ftr-441	898	13	and	and	CCONJ
ftr-441	898	14	taxing	tax	VERB
ftr-441	898	15	them	they	PRON
ftr-441	898	16	on	on	ADP
ftr-441	898	17	their	their	PRON
ftr-441	898	18	share	share	NOUN
ftr-441	898	19	of	of	ADP
ftr-441	898	20	business	business	NOUN
ftr-441	898	21	income	income	NOUN
ftr-441	898	22	,	,	PUNCT
ftr-441	898	23	increases	increase	VERB
ftr-441	898	24	the	the	DET
ftr-441	898	25	complexity	complexity	NOUN
ftr-441	898	26	of	of	ADP
ftr-441	898	27	the	the	DET
ftr-441	898	28	rule	rule	NOUN
ftr-441	898	29	structure	structure	NOUN
ftr-441	898	30	.	.	PUNCT
ftr-441	899	1	2	2	NUM
ftr-441	899	2	although	although	SCONJ
ftr-441	899	3	the	the	DET
ftr-441	899	4	flexibility	flexibility	NOUN
ftr-441	899	5	of	of	ADP
ftr-441	899	6	an	an	DET
ftr-441	899	7	spbf	spbf	NOUN
ftr-441	899	8	is	be	AUX
ftr-441	899	9	increased	increase	VERB
ftr-441	899	10	slightly	slightly	ADV
ftr-441	899	11	by	by	ADP
ftr-441	899	12	permitting	permit	VERB
ftr-441	899	13	such	such	ADJ
ftr-441	899	14	owners	owner	NOUN
ftr-441	899	15	,	,	PUNCT
ftr-441	899	16	it	it	PRON
ftr-441	899	17	comes	come	VERB
ftr-441	899	18	with	with	ADP
ftr-441	899	19	a	a	DET
ftr-441	899	20	high	high	ADJ
ftr-441	899	21	price	price	NOUN
ftr-441	899	22	.	.	PUNCT
ftr-441	900	1	furthermore	furthermore	ADV
ftr-441	900	2	,	,	PUNCT
ftr-441	900	3	there	there	PRON
ftr-441	900	4	is	be	VERB
ftr-441	900	5	a	a	DET
ftr-441	900	6	simple	simple	ADJ
ftr-441	900	7	alternative	alternative	NOUN
ftr-441	900	8	to	to	ADP
ftr-441	900	9	permitting	permit	VERB
ftr-441	900	10	exempt	exempt	ADJ
ftr-441	900	11	owners	owner	NOUN
ftr-441	900	12	of	of	ADP
ftr-441	900	13	an	an	DET
ftr-441	900	14	spbf	spbf	NOUN
ftr-441	900	15	.	.	PUNCT
ftr-441	901	1	if	if	SCONJ
ftr-441	901	2	it	it	PRON
ftr-441	901	3	is	be	AUX
ftr-441	901	4	truly	truly	ADV
ftr-441	901	5	critical	critical	ADJ
ftr-441	901	6	for	for	ADP
ftr-441	901	7	an	an	DET
ftr-441	901	8	exempt	exempt	ADJ
ftr-441	901	9	entity	entity	NOUN
ftr-441	901	10	to	to	PART
ftr-441	901	11	participate	participate	VERB
ftr-441	901	12	in	in	ADP
ftr-441	901	13	a	a	DET
ftr-441	901	14	common	common	ADJ
ftr-441	901	15	business	business	NOUN
ftr-441	901	16	venture	venture	NOUN
ftr-441	901	17	organized	organize	VERB
ftr-441	901	18	as	as	ADP
ftr-441	901	19	an	an	DET
ftr-441	901	20	spbf	spbf	NOUN
ftr-441	901	21	,	,	PUNCT
ftr-441	901	22	the	the	DET
ftr-441	901	23	taxpayers	taxpayer	NOUN
ftr-441	901	24	could	could	AUX
ftr-441	901	25	form	form	VERB
ftr-441	901	26	a	a	DET
ftr-441	901	27	non	non	ADJ
ftr-441	901	28	-	-	ADJ
ftr-441	901	29	spbf	spbf	ADJ
ftr-441	901	30	partnership	partnership	NOUN
ftr-441	901	31	or	or	CCONJ
ftr-441	901	32	other	other	ADJ
ftr-441	901	33	private	private	ADJ
ftr-441	901	34	enterprise	enterprise	NOUN
ftr-441	901	35	taxable	taxable	ADJ
ftr-441	901	36	as	as	ADP
ftr-441	901	37	a	a	DET
ftr-441	901	38	conduit	conduit	NOUN
ftr-441	901	39	,	,	PUNCT
ftr-441	901	40	with	with	ADP
ftr-441	901	41	the	the	DET
ftr-441	901	42	owners	owner	NOUN
ftr-441	901	43	of	of	ADP
ftr-441	901	44	such	such	ADJ
ftr-441	901	45	entity	entity	NOUN
ftr-441	901	46	being	be	AUX
ftr-441	901	47	the	the	DET
ftr-441	901	48	spbf	spbf	NOUN
ftr-441	901	49	and	and	CCONJ
ftr-441	901	50	the	the	DET
ftr-441	901	51	exempt	exempt	ADJ
ftr-441	901	52	partner	partner	NOUN
ftr-441	901	53	.	.	PUNCT
ftr-441	901	54	'2	'2	PROPN
ftr-441	902	1	1	1	NUM
ftr-441	902	2	thus	thus	ADV
ftr-441	902	3	,	,	PUNCT
ftr-441	902	4	the	the	DET
ftr-441	902	5	business	business	NOUN
ftr-441	902	6	necessity	necessity	NOUN
ftr-441	902	7	of	of	ADP
ftr-441	902	8	allowing	allow	VERB
ftr-441	902	9	an	an	DET
ftr-441	902	10	exempt	exempt	ADJ
ftr-441	902	11	entity	entity	NOUN
ftr-441	902	12	to	to	PART
ftr-441	902	13	be	be	AUX
ftr-441	902	14	an	an	DET
ftr-441	902	15	spbf	spbf	ADJ
ftr-441	902	16	owner	owner	NOUN
ftr-441	902	17	is	be	AUX
ftr-441	902	18	far	far	ADV
ftr-441	902	19	from	from	ADP
ftr-441	902	20	clear	clear	ADJ
ftr-441	902	21	.	.	PUNCT
ftr-441	903	1	finally	finally	ADV
ftr-441	903	2	,	,	PUNCT
ftr-441	903	3	taxing	tax	VERB
ftr-441	903	4	exempt	exempt	ADJ
ftr-441	903	5	entities	entity	NOUN
ftr-441	903	6	on	on	ADP
ftr-441	903	7	their	their	PRON
ftr-441	903	8	share	share	NOUN
ftr-441	903	9	of	of	ADP
ftr-441	903	10	spbf	spbf	ADJ
ftr-441	903	11	business	business	NOUN
ftr-441	903	12	income	income	NOUN
ftr-441	903	13	may	may	AUX
ftr-441	903	14	not	not	PART
ftr-441	903	15	eliminate	eliminate	VERB
ftr-441	903	16	the	the	DET
ftr-441	903	17	shifting	shift	VERB
ftr-441	903	18	concerns	concern	NOUN
ftr-441	903	19	so	so	ADV
ftr-441	903	20	central	central	ADJ
ftr-441	903	21	to	to	ADP
ftr-441	903	22	preserving	preserve	VERB
ftr-441	903	23	the	the	DET
ftr-441	903	24	simple	simple	ADJ
ftr-441	903	25	rule	rule	NOUN
ftr-441	903	26	structure	structure	NOUN
ftr-441	903	27	applicable	applicable	ADJ
ftr-441	903	28	to	to	ADP
ftr-441	903	29	an	an	DET
ftr-441	903	30	spbf	spbf	NOUN
ftr-441	903	31	.	.	PUNCT
ftr-441	903	32	table	table	NOUN
ftr-441	903	33	4	4	NUM
ftr-441	903	34	provides	provide	VERB
ftr-441	903	35	data	datum	NOUN
ftr-441	903	36	on	on	ADP
ftr-441	903	37	the	the	DET
ftr-441	903	38	119	119	NUM
ftr-441	903	39	.	.	PUNCT
ftr-441	904	1	s.	s.	PROPN
ftr-441	904	2	rep	rep	PROPN
ftr-441	904	3	.	.	PROPN
ftr-441	905	1	no	no	PROPN
ftr-441	905	2	.	.	NOUN
ftr-441	905	3	281	281	NUM
ftr-441	905	4	,	,	PUNCT
ftr-441	905	5	104th	104th	ADJ
ftr-441	905	6	cong	cong	NOUN
ftr-441	905	7	.	.	PROPN
ftr-441	905	8	,	,	PUNCT
ftr-441	905	9	2d	2d	PROPN
ftr-441	905	10	sess	sess	NOUN
ftr-441	905	11	.	.	PUNCT
ftr-441	906	1	60	60	NUM
ftr-441	906	2	-	-	SYM
ftr-441	906	3	61	61	NUM
ftr-441	906	4	(	(	PUNCT
ftr-441	906	5	1996	1996	NUM
ftr-441	906	6	)	)	PUNCT
ftr-441	906	7	,	,	PUNCT
ftr-441	906	8	reprinted	reprint	VERB
ftr-441	906	9	in	in	ADP
ftr-441	906	10	1996	1996	NUM
ftr-441	906	11	u.s.c.c.a.n	u.s.c.c.a.n	PROPN
ftr-441	906	12	.	.	PUNCT
ftr-441	906	13	1474	1474	NUM
ftr-441	906	14	,	,	PUNCT
ftr-441	906	15	1534	1534	NUM
ftr-441	906	16	-	-	SYM
ftr-441	906	17	35	35	NUM
ftr-441	906	18	.	.	PUNCT
ftr-441	907	1	120	120	NUM
ftr-441	907	2	.	.	PUNCT
ftr-441	908	1	the	the	DET
ftr-441	908	2	peculiar	peculiar	ADJ
ftr-441	908	3	complexities	complexity	NOUN
ftr-441	908	4	of	of	ADP
ftr-441	908	5	subchapter	subchapter	NOUN
ftr-441	908	6	k	k	PROPN
ftr-441	908	7	have	have	AUX
ftr-441	908	8	already	already	ADV
ftr-441	908	9	started	start	VERB
ftr-441	908	10	to	to	PART
ftr-441	908	11	creep	creep	VERB
ftr-441	908	12	into	into	ADP
ftr-441	908	13	subchapter	subchapter	NOUN
ftr-441	908	14	s	s	NOUN
ftr-441	908	15	as	as	ADP
ftr-441	908	16	a	a	DET
ftr-441	908	17	result	result	NOUN
ftr-441	908	18	of	of	ADP
ftr-441	908	19	this	this	DET
ftr-441	908	20	1996	1996	NUM
ftr-441	908	21	change	change	NOUN
ftr-441	908	22	.	.	PUNCT
ftr-441	909	1	section	section	NOUN
ftr-441	909	2	170(e)(1	170(e)(1	NUM
ftr-441	909	3	)	)	PUNCT
ftr-441	909	4	of	of	ADP
ftr-441	909	5	the	the	DET
ftr-441	909	6	code	code	NOUN
ftr-441	909	7	,	,	PUNCT
ftr-441	909	8	as	as	SCONJ
ftr-441	909	9	amended	amend	VERB
ftr-441	909	10	by	by	ADP
ftr-441	909	11	§	§	PROPN
ftr-441	909	12	1316(b	1316(b	NUM
ftr-441	909	13	)	)	PUNCT
ftr-441	909	14	of	of	ADP
ftr-441	909	15	pub	pub	NOUN
ftr-441	909	16	.	.	PUNCT
ftr-441	910	1	l.	l.	PROPN
ftr-441	910	2	no	no	INTJ
ftr-441	910	3	.	.	PROPN
ftr-441	911	1	104	104	NUM
ftr-441	911	2	-	-	SYM
ftr-441	911	3	188	188	NUM
ftr-441	911	4	,	,	PUNCT
ftr-441	911	5	110	110	NUM
ftr-441	911	6	stat	stat	NOUN
ftr-441	911	7	.	.	PUNCT
ftr-441	912	1	1755	1755	NUM
ftr-441	912	2	(	(	PUNCT
ftr-441	912	3	1996	1996	NUM
ftr-441	912	4	)	)	PUNCT
ftr-441	913	1	,	,	PUNCT
ftr-441	913	2	says	say	VERB
ftr-441	913	3	that	that	SCONJ
ftr-441	913	4	when	when	SCONJ
ftr-441	913	5	stock	stock	NOUN
ftr-441	913	6	of	of	ADP
ftr-441	913	7	an	an	DET
ftr-441	913	8	s	s	NOUN
ftr-441	913	9	corporation	corporation	NOUN
ftr-441	913	10	is	be	AUX
ftr-441	913	11	contributed	contribute	VERB
ftr-441	913	12	to	to	ADP
ftr-441	913	13	a	a	DET
ftr-441	913	14	charity	charity	NOUN
ftr-441	913	15	,	,	PUNCT
ftr-441	913	16	"	"	PUNCT
ftr-441	913	17	rules	rule	VERB
ftr-441	913	18	similar	similar	ADJ
ftr-441	913	19	to	to	ADP
ftr-441	913	20	the	the	DET
ftr-441	913	21	rules	rule	NOUN
ftr-441	913	22	of	of	ADP
ftr-441	913	23	§	§	PROPN
ftr-441	913	24	751	751	NUM
ftr-441	913	25	shall	shall	AUX
ftr-441	913	26	apply	apply	VERB
ftr-441	913	27	in	in	ADP
ftr-441	913	28	determining	determine	VERB
ftr-441	913	29	whether	whether	SCONJ
ftr-441	913	30	gain	gain	NOUN
ftr-441	913	31	on	on	ADP
ftr-441	913	32	such	such	ADJ
ftr-441	913	33	stock	stock	NOUN
ftr-441	913	34	would	would	AUX
ftr-441	913	35	have	have	AUX
ftr-441	913	36	been	be	AUX
ftr-441	913	37	long	long	ADJ
ftr-441	913	38	-	-	PUNCT
ftr-441	913	39	term	term	NOUN
ftr-441	913	40	capital	capital	NOUN
ftr-441	913	41	gain	gain	NOUN
ftr-441	913	42	if	if	SCONJ
ftr-441	913	43	such	such	ADJ
ftr-441	913	44	stock	stock	NOUN
ftr-441	913	45	were	be	AUX
ftr-441	913	46	sold	sell	VERB
ftr-441	913	47	by	by	ADP
ftr-441	913	48	the	the	DET
ftr-441	913	49	taxpayer	taxpayer	NOUN
ftr-441	913	50	.	.	PUNCT
ftr-441	913	51	"	"	PUNCT
ftr-441	914	1	in	in	ADP
ftr-441	914	2	other	other	ADJ
ftr-441	914	3	words	word	NOUN
ftr-441	914	4	,	,	PUNCT
ftr-441	914	5	on	on	ADP
ftr-441	914	6	the	the	DET
ftr-441	914	7	occasion	occasion	NOUN
ftr-441	914	8	of	of	ADP
ftr-441	914	9	such	such	DET
ftr-441	914	10	a	a	DET
ftr-441	914	11	contribution	contribution	NOUN
ftr-441	914	12	,	,	PUNCT
ftr-441	914	13	an	an	DET
ftr-441	914	14	analysis	analysis	NOUN
ftr-441	914	15	of	of	ADP
ftr-441	914	16	the	the	DET
ftr-441	914	17	s	s	PART
ftr-441	914	18	corporation	corporation	NOUN
ftr-441	914	19	's	's	PART
ftr-441	914	20	assets	asset	NOUN
ftr-441	914	21	will	will	AUX
ftr-441	914	22	have	have	VERB
ftr-441	914	23	to	to	PART
ftr-441	914	24	be	be	AUX
ftr-441	914	25	made	make	VERB
ftr-441	914	26	to	to	PART
ftr-441	914	27	determine	determine	VERB
ftr-441	914	28	what	what	PRON
ftr-441	914	29	percentage	percentage	NOUN
ftr-441	914	30	of	of	ADP
ftr-441	914	31	them	they	PRON
ftr-441	914	32	are	be	AUX
ftr-441	914	33	unrealized	unrealized	ADJ
ftr-441	914	34	receivables	receivables	NOUN
ftr-441	914	35	and	and	CCONJ
ftr-441	914	36	inventory	inventory	NOUN
ftr-441	914	37	.	.	PUNCT
ftr-441	915	1	see	see	VERB
ftr-441	915	2	generally	generally	ADV
ftr-441	915	3	testimony	testimony	NOUN
ftr-441	915	4	of	of	ADP
ftr-441	915	5	martin	martin	PROPN
ftr-441	915	6	d.	d.	PROPN
ftr-441	915	7	ginsburg	ginsburg	PROPN
ftr-441	915	8	,	,	PUNCT
ftr-441	915	9	professor	professor	NOUN
ftr-441	915	10	of	of	ADP
ftr-441	915	11	law	law	NOUN
ftr-441	915	12	,	,	PUNCT
ftr-441	915	13	georgetown	georgetown	PROPN
ftr-441	915	14	university	university	PROPN
ftr-441	915	15	law	law	NOUN
ftr-441	915	16	center	center	NOUN
ftr-441	915	17	,	,	PUNCT
ftr-441	915	18	before	before	ADP
ftr-441	915	19	the	the	DET
ftr-441	915	20	subcommittee	subcommittee	NOUN
ftr-441	915	21	on	on	ADP
ftr-441	915	22	taxation	taxation	NOUN
ftr-441	915	23	of	of	ADP
ftr-441	915	24	the	the	DET
ftr-441	915	25	senate	senate	PROPN
ftr-441	915	26	finance	finance	PROPN
ftr-441	915	27	committee	committee	PROPN
ftr-441	915	28	on	on	ADP
ftr-441	915	29	s.	s.	PROPN
ftr-441	915	30	758	758	NUM
ftr-441	915	31	,	,	PUNCT
ftr-441	915	32	the	the	DET
ftr-441	915	33	s	s	PROPN
ftr-441	915	34	corporation	corporation	NOUN
ftr-441	915	35	reform	reform	PROPN
ftr-441	915	36	act	act	NOUN
ftr-441	915	37	of	of	ADP
ftr-441	915	38	1995	1995	NUM
ftr-441	915	39	,	,	PUNCT
ftr-441	915	40	95	95	NUM
ftr-441	915	41	tnt	tnt	PROPN
ftr-441	915	42	119	119	NUM
ftr-441	915	43	-	-	SYM
ftr-441	915	44	19	19	NUM
ftr-441	915	45	(	(	PUNCT
ftr-441	915	46	june	june	PROPN
ftr-441	915	47	20	20	NUM
ftr-441	915	48	,	,	PUNCT
ftr-441	915	49	1995	1995	NUM
ftr-441	915	50	)	)	PUNCT
ftr-441	915	51	(	(	PUNCT
ftr-441	915	52	lexis	lexis	X
ftr-441	915	53	,	,	PUNCT
ftr-441	915	54	fedtax	fedtax	NOUN
ftr-441	915	55	library	library	NOUN
ftr-441	915	56	,	,	PUNCT
ftr-441	915	57	tnt	tnt	NOUN
ftr-441	915	58	file	file	NOUN
ftr-441	915	59	)	)	PUNCT
ftr-441	915	60	(	(	PUNCT
ftr-441	915	61	"	"	PUNCT
ftr-441	915	62	the	the	DET
ftr-441	915	63	proposal	proposal	NOUN
ftr-441	915	64	to	to	PART
ftr-441	915	65	allow	allow	VERB
ftr-441	915	66	as	as	ADP
ftr-441	915	67	s	s	PART
ftr-441	915	68	corporation	corporation	NOUN
ftr-441	915	69	shareholders	shareholder	VERB
ftr-441	915	70	tax	tax	NOUN
ftr-441	915	71	-	-	PUNCT
ftr-441	915	72	exempt	exempt	ADJ
ftr-441	915	73	organizations	organization	NOUN
ftr-441	915	74	and	and	CCONJ
ftr-441	915	75	nonresident	nonresident	ADJ
ftr-441	915	76	aliens	alien	NOUN
ftr-441	915	77	is	be	AUX
ftr-441	915	78	i	i	PRON
ftr-441	915	79	think	think	VERB
ftr-441	915	80	unwise	unwise	ADJ
ftr-441	915	81	.	.	PUNCT
ftr-441	916	1	inevitably	inevitably	ADV
ftr-441	916	2	,	,	PUNCT
ftr-441	916	3	it	it	PRON
ftr-441	916	4	must	must	AUX
ftr-441	916	5	add	add	VERB
ftr-441	916	6	significant	significant	ADJ
ftr-441	916	7	complexity	complexity	NOUN
ftr-441	916	8	to	to	ADP
ftr-441	916	9	a	a	DET
ftr-441	916	10	tax	tax	NOUN
ftr-441	916	11	regime	regime	NOUN
ftr-441	916	12	a	a	DET
ftr-441	916	13	principal	principal	ADJ
ftr-441	916	14	justification	justification	NOUN
ftr-441	916	15	for	for	ADP
ftr-441	916	16	which	which	PRON
ftr-441	916	17	is	be	AUX
ftr-441	916	18	its	its	PRON
ftr-441	916	19	relative	relative	ADJ
ftr-441	916	20	simplicity	simplicity	NOUN
ftr-441	916	21	in	in	ADP
ftr-441	916	22	operation	operation	NOUN
ftr-441	916	23	"	"	PUNCT
ftr-441	916	24	)	)	PUNCT
ftr-441	916	25	;	;	PUNCT
ftr-441	916	26	small	small	ADJ
ftr-441	916	27	-	-	PUNCT
ftr-441	916	28	business	business	NOUN
ftr-441	916	29	bill	bill	NOUN
ftr-441	916	30	's	's	PART
ftr-441	916	31	subchapter	subchapter	NOUN
ftr-441	916	32	s	s	PART
ftr-441	916	33	provisions	provision	NOUN
ftr-441	916	34	will	will	AUX
ftr-441	916	35	spawn	spawn	VERB
ftr-441	916	36	more	more	ADJ
ftr-441	916	37	regs	reg	NOUN
ftr-441	916	38	.	.	PUNCT
ftr-441	917	1	,	,	PUNCT
ftr-441	917	2	72	72	NUM
ftr-441	917	3	tax	tax	NOUN
ftr-441	917	4	notes	note	NOUN
ftr-441	917	5	965	965	NUM
ftr-441	917	6	(	(	PUNCT
ftr-441	917	7	aug	aug	PROPN
ftr-441	917	8	.	.	PROPN
ftr-441	917	9	19	19	NUM
ftr-441	917	10	,	,	PUNCT
ftr-441	917	11	1996	1996	NUM
ftr-441	917	12	)	)	PUNCT
ftr-441	917	13	(	(	PUNCT
ftr-441	917	14	rule	rule	NOUN
ftr-441	917	15	allowing	allow	VERB
ftr-441	917	16	charities	charity	NOUN
ftr-441	917	17	and	and	CCONJ
ftr-441	917	18	esops	esop	NOUN
ftr-441	917	19	to	to	PART
ftr-441	917	20	be	be	AUX
ftr-441	917	21	eligible	eligible	ADJ
ftr-441	917	22	s	s	PART
ftr-441	917	23	corporation	corporation	NOUN
ftr-441	917	24	shareholders	shareholder	NOUN
ftr-441	917	25	will	will	AUX
ftr-441	917	26	cause	cause	VERB
ftr-441	917	27	lengthy	lengthy	ADJ
ftr-441	917	28	irs	irs	PROPN
ftr-441	917	29	regulations	regulation	NOUN
ftr-441	917	30	project	project	NOUN
ftr-441	917	31	)	)	PUNCT
ftr-441	917	32	.	.	PUNCT
ftr-441	918	1	121	121	NUM
ftr-441	918	2	.	.	PUNCT
ftr-441	919	1	see	see	VERB
ftr-441	919	2	regs	reg	NOUN
ftr-441	919	3	.	.	PUNCT
ftr-441	920	1	§	§	PROPN
ftr-441	920	2	1.701	1.701	NUM
ftr-441	920	3	-	-	NUM
ftr-441	920	4	2(d	2(d	NUM
ftr-441	920	5	)	)	PUNCT
ftr-441	920	6	,	,	PUNCT
ftr-441	920	7	ex	ex	NOUN
ftr-441	920	8	.	.	NOUN
ftr-441	920	9	2	2	NUM
ftr-441	920	10	,	,	PUNCT
ftr-441	920	11	which	which	PRON
ftr-441	920	12	explicitly	explicitly	ADV
ftr-441	920	13	blesses	bless	VERB
ftr-441	920	14	this	this	DET
ftr-441	920	15	type	type	NOUN
ftr-441	920	16	of	of	ADP
ftr-441	920	17	arrangement	arrangement	NOUN
ftr-441	920	18	.	.	PUNCT
ftr-441	921	1	[	[	X
ftr-441	921	2	vol	vol	NOUN
ftr-441	921	3	4:3	4:3	NUM
ftr-441	921	4	the	the	DET
ftr-441	921	5	future	future	ADJ
ftr-441	921	6	taxation	taxation	NOUN
ftr-441	921	7	of	of	ADP
ftr-441	921	8	private	private	ADJ
ftr-441	921	9	business	business	NOUN
ftr-441	921	10	firms	firm	NOUN
ftr-441	921	11	unrelated	unrelated	ADJ
ftr-441	921	12	business	business	NOUN
ftr-441	921	13	income	income	NOUN
ftr-441	921	14	and	and	CCONJ
ftr-441	921	15	loss	loss	NOUN
ftr-441	921	16	reported	report	VERB
ftr-441	921	17	by	by	ADP
ftr-441	921	18	section	section	NOUN
ftr-441	921	19	501(c)(3	501(c)(3	NOUN
ftr-441	921	20	)	)	PUNCT
ftr-441	921	21	,	,	PUNCT
ftr-441	921	22	section	section	NOUN
ftr-441	921	23	401(a	401(a	PROPN
ftr-441	921	24	)	)	PUNCT
ftr-441	921	25	,	,	PUNCT
ftr-441	921	26	and	and	CCONJ
ftr-441	921	27	all	all	DET
ftr-441	921	28	tax	tax	NOUN
ftr-441	921	29	-	-	PUNCT
ftr-441	921	30	exempt	exempt	ADJ
ftr-441	921	31	organizations	organization	NOUN
ftr-441	921	32	in	in	ADP
ftr-441	921	33	1993	1993	NUM
ftr-441	921	34	,	,	PUNCT
ftr-441	921	35	the	the	DET
ftr-441	921	36	latest	late	ADJ
ftr-441	921	37	year	year	NOUN
ftr-441	921	38	for	for	ADP
ftr-441	921	39	which	which	PRON
ftr-441	921	40	such	such	ADJ
ftr-441	921	41	data	datum	NOUN
ftr-441	921	42	is	be	AUX
ftr-441	921	43	available	available	ADJ
ftr-441	921	44	.	.	PUNCT
ftr-441	922	1	table	table	NOUN
ftr-441	922	2	5	5	NUM
ftr-441	922	3	then	then	ADV
ftr-441	922	4	provides	provide	VERB
ftr-441	922	5	data	datum	NOUN
ftr-441	922	6	on	on	ADP
ftr-441	922	7	the	the	DET
ftr-441	922	8	net	net	ADJ
ftr-441	922	9	operating	operating	NOUN
ftr-441	922	10	loss	loss	NOUN
ftr-441	922	11	deductions	deduction	NOUN
ftr-441	922	12	claimed	claim	VERB
ftr-441	922	13	by	by	ADP
ftr-441	922	14	such	such	ADJ
ftr-441	922	15	organizations	organization	NOUN
ftr-441	922	16	in	in	ADP
ftr-441	922	17	that	that	DET
ftr-441	922	18	year	year	NOUN
ftr-441	922	19	.	.	PUNCT
ftr-441	923	1	table	table	NOUN
ftr-441	923	2	4	4	NUM
ftr-441	923	3	unrelated	unrelated	ADJ
ftr-441	923	4	business	business	NOUN
ftr-441	923	5	(	(	PUNCT
ftr-441	923	6	ub	ub	ADJ
ftr-441	923	7	)	)	PUNCT
ftr-441	923	8	income	income	NOUN
ftr-441	923	9	and	and	CCONJ
ftr-441	923	10	loss	loss	NOUN
ftr-441	923	11	reported	report	VERB
ftr-441	923	12	by	by	ADP
ftr-441	923	13	section	section	NOUN
ftr-441	923	14	501(c)(3	501(c)(3	NOUN
ftr-441	923	15	)	)	PUNCT
ftr-441	923	16	,	,	PUNCT
ftr-441	923	17	section	section	NOUN
ftr-441	923	18	401(a	401(a	PROPN
ftr-441	923	19	)	)	PUNCT
ftr-441	923	20	,	,	PUNCT
ftr-441	923	21	and	and	CCONJ
ftr-441	923	22	all	all	DET
ftr-441	923	23	tax	tax	NOUN
ftr-441	923	24	-	-	PUNCT
ftr-441	923	25	exempt	exempt	ADJ
ftr-441	923	26	organizations	organization	NOUN
ftr-441	923	27	(	(	PUNCT
ftr-441	923	28	1993	1993	NUM
ftr-441	923	29	)	)	PUNCT
ftr-441	923	30	(	(	PUNCT
ftr-441	923	31	1	1	X
ftr-441	923	32	)	)	PUNCT
ftr-441	923	33	(	(	PUNCT
ftr-441	923	34	2	2	NUM
ftr-441	923	35	)	)	PUNCT
ftr-441	923	36	(	(	PUNCT
ftr-441	923	37	3	3	X
ftr-441	923	38	)	)	PUNCT
ftr-441	923	39	(	(	PUNCT
ftr-441	923	40	4	4	NUM
ftr-441	923	41	)	)	PUNCT
ftr-441	923	42	(	(	PUNCT
ftr-441	923	43	5	5	NUM
ftr-441	923	44	)	)	PUNCT
ftr-441	923	45	(	(	PUNCT
ftr-441	923	46	6	6	NUM
ftr-441	923	47	)	)	PUNCT
ftr-441	923	48	(	(	PUNCT
ftr-441	923	49	7	7	NUM
ftr-441	923	50	)	)	PUNCT
ftr-441	923	51	(	(	PUNCT
ftr-441	923	52	8)	8)	NUM
ftr-441	923	53	(	(	PUNCT
ftr-441	923	54	9	9	NUM
ftr-441	923	55	)	)	PUNCT
ftr-441	923	56	(	(	PUNCT
ftr-441	923	57	10	10	NUM
ftr-441	923	58	)	)	PUNCT
ftr-441	923	59	type	type	NOUN
ftr-441	923	60	of	of	ADP
ftr-441	923	61	#	#	NOUN
ftr-441	923	62	rets	ret	NOUN
ftr-441	923	63	.	.	PUNCT
ftr-441	924	1	#	#	NOUN
ftr-441	924	2	w/	w/	NOUN
ftr-441	924	3	%	%	NOUN
ftr-441	924	4	w/	w/	NOUN
ftr-441	925	1	#	#	SYM
ftr-441	925	2	w/	w/	NOUN
ftr-441	925	3	%	%	NOUN
ftr-441	925	4	w/	w/	NOUN
ftr-441	925	5	#	#	NOUN
ftr-441	925	6	w/	w/	NOUN
ftr-441	925	7	%	%	NOUN
ftr-441	925	8	w/	w/	PROPN
ftr-441	925	9	tot	tot	PROPN
ftr-441	925	10	.	.	PROPN
ftr-441	925	11	avg	avg	PROPN
ftr-441	925	12	.	.	PUNCT
ftr-441	925	13	loss	loss	PROPN
ftr-441	925	14	exempt	exempt	ADJ
ftr-441	925	15	w	w	NOUN
ftr-441	925	16	/	/	SYM
ftr-441	925	17	ub	ub	ADJ
ftr-441	925	18	pos	pos	NOUN
ftr-441	925	19	.	.	PUNCT
ftr-441	926	1	ub	ub	PROPN
ftr-441	927	1	pos	pos	INTJ
ftr-441	927	2	.	.	PUNCT
ftr-441	928	1	ub	ub	INTJ
ftr-441	928	2	$	$	SYM
ftr-441	928	3	0	0	NUM
ftr-441	928	4	ub	ub	PROPN
ftr-441	928	5	$	$	SYM
ftr-441	928	6	0	0	NUM
ftr-441	928	7	ub	ub	NOUN
ftr-441	928	8	ub	ub	INTJ
ftr-441	928	9	ub	ub	INTJ
ftr-441	928	10	loss	loss	NOUN
ftr-441	928	11	per	per	ADP
ftr-441	928	12	loss	loss	NOUN
ftr-441	928	13	org	org	NOUN
ftr-441	928	14	.	.	PUNCT
ftr-441	928	15	inc.loss	inc.loss	PROPN
ftr-441	928	16	inc	inc	PROPN
ftr-441	928	17	.	.	PROPN
ftr-441	928	18	inc	inc	PROPN
ftr-441	928	19	.	.	PROPN
ftr-441	928	20	inc	inc	PROPN
ftr-441	928	21	.	.	PROPN
ftr-441	928	22	inc	inc	PROPN
ftr-441	928	23	.	.	PROPN
ftr-441	928	24	loss	loss	PROPN
ftr-441	928	25	loss	loss	NOUN
ftr-441	928	26	(	(	PUNCT
ftr-441	928	27	s	s	NOUN
ftr-441	928	28	ail	ail	NOUN
ftr-441	928	29	)	)	PUNCT
ftr-441	928	30	org	org	NOUN
ftr-441	928	31	.	.	PUNCT
ftr-441	929	1	(	(	PUNCT
ftr-441	929	2	3)-+(2	3)-+(2	NUM
ftr-441	929	3	)	)	PUNCT
ftr-441	929	4	(	(	PUNCT
ftr-441	929	5	5)+,(2	5)+,(2	NUM
ftr-441	929	6	)	)	PUNCT
ftr-441	929	7	(	(	PUNCT
ftr-441	929	8	7)-.(2	7)-.(2	NUM
ftr-441	929	9	)	)	PUNCT
ftr-441	929	10	(	(	PUNCT
ftr-441	929	11	9y+-(7	9y+-(7	NUM
ftr-441	929	12	)	)	PUNCT
ftr-441	929	13	501(c)(3	501(c)(3	NOUN
ftr-441	929	14	)	)	PUNCT
ftr-441	929	15	9,246	9,246	NUM
ftr-441	929	16	3,191	3,191	NUM
ftr-441	929	17	34.5	34.5	NUM
ftr-441	929	18	%	%	NOUN
ftr-441	929	19	1,204	1,204	NUM
ftr-441	929	20	13.0	13.0	NUM
ftr-441	929	21	%	%	NOUN
ftr-441	929	22	4,851	4,851	NUM
ftr-441	929	23	52.5	52.5	NUM
ftr-441	929	24	%	%	NOUN
ftr-441	929	25	1,001.6	1,001.6	NUM
ftr-441	929	26	s206.473	s206.473	PROPN
ftr-441	929	27	401(a	401(a	NUM
ftr-441	929	28	)	)	PUNCT
ftr-441	929	29	1,135	1,135	NUM
ftr-441	929	30	718	718	NUM
ftr-441	929	31	63.3	63.3	NUM
ftr-441	929	32	%	%	NOUN
ftr-441	929	33	163	163	NUM
ftr-441	929	34	14.4	14.4	NUM
ftr-441	929	35	%	%	NOUN
ftr-441	929	36	254	254	NUM
ftr-441	929	37	22.4	22.4	NUM
ftr-441	929	38	%	%	NOUN
ftr-441	929	39	19.4	19.4	NUM
ftr-441	929	40	76.378	76.378	NUM
ftr-441	929	41	all	all	DET
ftr-441	929	42	32,638	32,638	NUM
ftr-441	929	43	15,067	15,067	NUM
ftr-441	929	44	46.2	46.2	NUM
ftr-441	929	45	%	%	NOUN
ftr-441	929	46	4,805	4,805	NUM
ftr-441	929	47	14.7	14.7	NUM
ftr-441	929	48	%	%	NOUN
ftr-441	929	49	12,766	12,766	NUM
ftr-441	929	50	39.1	39.1	NUM
ftr-441	929	51	%	%	NOUN
ftr-441	929	52	1,650.8	1,650.8	NUM
ftr-441	929	53	129,312	129,312	NUM
ftr-441	929	54	source	source	NOUN
ftr-441	929	55	:	:	PUNCT
ftr-441	929	56	margaret	margaret	PROPN
ftr-441	929	57	riley	riley	PROPN
ftr-441	929	58	,	,	PUNCT
ftr-441	929	59	exempt	exempt	ADJ
ftr-441	929	60	organization	organization	NOUN
ftr-441	929	61	business	business	NOUN
ftr-441	929	62	income	income	NOUN
ftr-441	929	63	tax	tax	NOUN
ftr-441	929	64	returns	return	NOUN
ftr-441	929	65	:	:	PUNCT
ftr-441	929	66	highlights	highlight	NOUN
ftr-441	929	67	and	and	CCONJ
ftr-441	929	68	an	an	DET
ftr-441	929	69	analysis	analysis	NOUN
ftr-441	929	70	of	of	ADP
ftr-441	929	71	exempt	exempt	ADJ
ftr-441	929	72	and	and	CCONJ
ftr-441	929	73	nonexempt	nonexempt	ADJ
ftr-441	929	74	finances	finance	NOUN
ftr-441	929	75	,	,	PUNCT
ftr-441	929	76	1993	1993	NUM
ftr-441	929	77	,	,	PUNCT
ftr-441	929	78	16	16	NUM
ftr-441	929	79	sol	sol	NOUN
ftr-441	929	80	bulletin	bulletin	NOUN
ftr-441	929	81	75	75	NUM
ftr-441	929	82	,	,	PUNCT
ftr-441	929	83	91	91	NUM
ftr-441	929	84	-	-	SYM
ftr-441	929	85	92	92	NUM
ftr-441	929	86	(	(	PUNCT
ftr-441	929	87	spring	spring	NOUN
ftr-441	929	88	1997	1997	NUM
ftr-441	929	89	)	)	PUNCT
ftr-441	929	90	(	(	PUNCT
ftr-441	929	91	tables	table	NOUN
ftr-441	929	92	1	1	NUM
ftr-441	929	93	and	and	CCONJ
ftr-441	929	94	3	3	NUM
ftr-441	929	95	)	)	PUNCT
ftr-441	929	96	.	.	PUNCT
ftr-441	930	1	certain	certain	ADJ
ftr-441	930	2	information	information	NOUN
ftr-441	930	3	was	be	AUX
ftr-441	930	4	obtained	obtain	VERB
ftr-441	930	5	directly	directly	ADV
ftr-441	930	6	from	from	ADP
ftr-441	930	7	ms	ms	PROPN
ftr-441	930	8	.	.	PROPN
ftr-441	930	9	riley	riley	PROPN
ftr-441	930	10	,	,	PUNCT
ftr-441	930	11	a	a	DET
ftr-441	930	12	statistician	statistician	NOUN
ftr-441	930	13	in	in	ADP
ftr-441	930	14	the	the	DET
ftr-441	930	15	special	special	ADJ
ftr-441	930	16	studies	study	NOUN
ftr-441	930	17	and	and	CCONJ
ftr-441	930	18	publications	publication	NOUN
ftr-441	930	19	branch	branch	NOUN
ftr-441	930	20	,	,	PUNCT
ftr-441	930	21	statistics	statistic	NOUN
ftr-441	930	22	of	of	ADP
ftr-441	930	23	income	income	NOUN
ftr-441	930	24	.	.	PUNCT
ftr-441	931	1	table	table	NOUN
ftr-441	931	2	5	5	NUM
ftr-441	931	3	nol	nol	NOUN
ftr-441	931	4	deductions	deduction	NOUN
ftr-441	931	5	claimed	claim	VERB
ftr-441	931	6	by	by	ADP
ftr-441	931	7	section	section	NOUN
ftr-441	931	8	501(c)(3	501(c)(3	NOUN
ftr-441	931	9	)	)	PUNCT
ftr-441	931	10	,	,	PUNCT
ftr-441	931	11	section	section	NOUN
ftr-441	931	12	401(a	401(a	PROPN
ftr-441	931	13	)	)	PUNCT
ftr-441	931	14	,	,	PUNCT
ftr-441	931	15	and	and	CCONJ
ftr-441	931	16	all	all	DET
ftr-441	931	17	tax	tax	NOUN
ftr-441	931	18	-	-	PUNCT
ftr-441	931	19	exempt	exempt	ADJ
ftr-441	931	20	organizations	organization	NOUN
ftr-441	931	21	reporting	report	VERB
ftr-441	931	22	unrelated	unrelated	ADJ
ftr-441	931	23	business	business	NOUN
ftr-441	931	24	(	(	PUNCT
ftr-441	931	25	ub	ub	ADJ
ftr-441	931	26	)	)	PUNCT
ftr-441	931	27	income	income	NOUN
ftr-441	931	28	or	or	CCONJ
ftr-441	931	29	loss	loss	NOUN
ftr-441	931	30	(	(	PUNCT
ftr-441	931	31	1993	1993	NUM
ftr-441	931	32	)	)	PUNCT
ftr-441	931	33	(	(	PUNCT
ftr-441	931	34	1	1	X
ftr-441	931	35	)	)	PUNCT
ftr-441	931	36	(	(	PUNCT
ftr-441	931	37	2	2	NUM
ftr-441	931	38	)	)	PUNCT
ftr-441	931	39	(	(	PUNCT
ftr-441	931	40	3	3	X
ftr-441	931	41	)	)	PUNCT
ftr-441	931	42	(	(	PUNCT
ftr-441	931	43	4	4	NUM
ftr-441	931	44	)	)	PUNCT
ftr-441	931	45	(	(	PUNCT
ftr-441	931	46	5	5	NUM
ftr-441	931	47	)	)	PUNCT
ftr-441	931	48	(	(	PUNCT
ftr-441	931	49	6	6	X
ftr-441	931	50	)	)	PUNCT
ftr-441	931	51	type	type	NOUN
ftr-441	931	52	of	of	ADP
ftr-441	931	53	#	#	NOUN
ftr-441	931	54	rets	ret	NOUN
ftr-441	931	55	.	.	PUNCT
ftr-441	932	1	#	#	NOUN
ftr-441	932	2	rets	ret	NOUN
ftr-441	932	3	.	.	PUNCT
ftr-441	933	1	%	%	NOUN
ftr-441	933	2	rets	ret	NOUN
ftr-441	933	3	.	.	PUNCT
ftr-441	934	1	nol	nol	PROPN
ftr-441	934	2	avg	avg	PROPN
ftr-441	934	3	.	.	PUNCT
ftr-441	934	4	nol	nol	PROPN
ftr-441	934	5	exempt	exempt	ADJ
ftr-441	934	6	wi	wi	PROPN
ftr-441	934	7	ub	ub	PROPN
ftr-441	934	8	w	w	PROPN
ftr-441	934	9	/	/	SYM
ftr-441	934	10	nol	nol	PROPN
ftr-441	934	11	w	w	PROPN
ftr-441	934	12	/	/	SYM
ftr-441	934	13	nol	nol	PROPN
ftr-441	934	14	ded	de	VERB
ftr-441	934	15	.	.	PUNCT
ftr-441	935	1	ded	ded	PROPN
ftr-441	935	2	.	.	PROPN
ftr-441	936	1	per	per	ADP
ftr-441	936	2	org	org	NOUN
ftr-441	936	3	.	.	PUNCT
ftr-441	937	1	inc./loss	inc./loss	PROPN
ftr-441	937	2	ded	de	VERB
ftr-441	937	3	.	.	PROPN
ftr-441	937	4	ded	ded	PROPN
ftr-441	937	5	.	.	PUNCT
ftr-441	938	1	(	(	PUNCT
ftr-441	938	2	s	s	NOUN
ftr-441	938	3	m	m	NOUN
ftr-441	938	4	)	)	PUNCT
ftr-441	938	5	claim	claim	NOUN
ftr-441	938	6	(	(	PUNCT
ftr-441	938	7	3)-(2	3)-(2	NOUN
ftr-441	938	8	)	)	PUNCT
ftr-441	938	9	(	(	PUNCT
ftr-441	938	10	5)-(3	5)-(3	NUM
ftr-441	938	11	)	)	PUNCT
ftr-441	938	12	501(c)(3	501(c)(3	NOUN
ftr-441	938	13	)	)	PUNCT
ftr-441	938	14	9,246	9,246	NUM
ftr-441	938	15	2,516	2,516	NUM
ftr-441	938	16	27.2	27.2	NUM
ftr-441	938	17	%	%	NOUN
ftr-441	938	18	$	$	SYM
ftr-441	938	19	783.3	783.3	NUM
ftr-441	938	20	$	$	SYM
ftr-441	938	21	311,328	311,328	NUM
ftr-441	938	22	401(a	401(a	NUM
ftr-441	938	23	)	)	PUNCT
ftr-441	938	24	1,135	1,135	NUM
ftr-441	938	25	313	313	NUM
ftr-441	938	26	27.6	27.6	NUM
ftr-441	938	27	%	%	NOUN
ftr-441	938	28	17.8	17.8	NUM
ftr-441	938	29	56,869	56,869	NUM
ftr-441	938	30	all	all	DET
ftr-441	938	31	32,638	32,638	NUM
ftr-441	938	32	6,844	6,844	NUM
ftr-441	938	33	21.0	21.0	NUM
ftr-441	938	34	%	%	NOUN
ftr-441	938	35	$	$	SYM
ftr-441	938	36	1,342.8	1,342.8	NUM
ftr-441	938	37	$	$	SYM
ftr-441	938	38	196,201	196,201	NUM
ftr-441	938	39	source	source	NOUN
ftr-441	938	40	:	:	PUNCT
ftr-441	938	41	margaret	margaret	PROPN
ftr-441	938	42	riley	riley	PROPN
ftr-441	938	43	,	,	PUNCT
ftr-441	938	44	exempt	exempt	ADJ
ftr-441	938	45	organization	organization	NOUN
ftr-441	938	46	business	business	NOUN
ftr-441	938	47	income	income	NOUN
ftr-441	938	48	tax	tax	NOUN
ftr-441	938	49	returns	return	NOUN
ftr-441	938	50	:	:	PUNCT
ftr-441	938	51	highlights	highlight	NOUN
ftr-441	938	52	and	and	CCONJ
ftr-441	938	53	an	an	DET
ftr-441	938	54	analysis	analysis	NOUN
ftr-441	938	55	of	of	ADP
ftr-441	938	56	exempt	exempt	ADJ
ftr-441	938	57	and	and	CCONJ
ftr-441	938	58	nonexempt	nonexempt	ADJ
ftr-441	938	59	finances	finance	NOUN
ftr-441	938	60	,	,	PUNCT
ftr-441	938	61	1993	1993	NUM
ftr-441	938	62	,	,	PUNCT
ftr-441	938	63	16	16	NUM
ftr-441	938	64	soi	soi	ADJ
ftr-441	938	65	bulletin	bulletin	NOUN
ftr-441	938	66	75	75	NUM
ftr-441	938	67	,	,	PUNCT
ftr-441	938	68	91	91	NUM
ftr-441	938	69	,	,	PUNCT
ftr-441	938	70	97	97	NUM
ftr-441	938	71	-	-	SYM
ftr-441	938	72	98	98	NUM
ftr-441	938	73	(	(	PUNCT
ftr-441	938	74	spring	spring	NOUN
ftr-441	938	75	1997	1997	NUM
ftr-441	938	76	)	)	PUNCT
ftr-441	938	77	(	(	PUNCT
ftr-441	938	78	tables	table	NOUN
ftr-441	938	79	1	1	NUM
ftr-441	938	80	and	and	CCONJ
ftr-441	938	81	7	7	NUM
ftr-441	938	82	)	)	PUNCT
ftr-441	938	83	.	.	PUNCT
ftr-441	939	1	certain	certain	ADJ
ftr-441	939	2	information	information	NOUN
ftr-441	939	3	was	be	AUX
ftr-441	939	4	obtained	obtain	VERB
ftr-441	939	5	directly	directly	ADV
ftr-441	939	6	from	from	ADP
ftr-441	939	7	ms	ms	PROPN
ftr-441	939	8	.	.	PROPN
ftr-441	939	9	riley	riley	PROPN
ftr-441	939	10	.	.	PUNCT
ftr-441	940	1	the	the	DET
ftr-441	940	2	data	datum	NOUN
ftr-441	940	3	only	only	ADV
ftr-441	940	4	reflects	reflect	VERB
ftr-441	940	5	net	net	ADJ
ftr-441	940	6	operating	operating	NOUN
ftr-441	940	7	losses	loss	NOUN
ftr-441	940	8	carried	carry	VERB
ftr-441	940	9	forward	forward	ADV
ftr-441	940	10	to	to	ADP
ftr-441	940	11	,	,	PUNCT
ftr-441	940	12	and	and	CCONJ
ftr-441	940	13	deducted	deduct	VERB
ftr-441	940	14	in	in	ADP
ftr-441	940	15	,	,	PUNCT
ftr-441	940	16	1993	1993	NUM
ftr-441	940	17	.	.	PUNCT
ftr-441	941	1	data	datum	NOUN
ftr-441	941	2	concerning	concern	VERB
ftr-441	941	3	nols	nols	PROPN
ftr-441	941	4	caried	carie	VERB
ftr-441	941	5	back	back	ADV
ftr-441	941	6	to	to	ADP
ftr-441	941	7	1993	1993	NUM
ftr-441	941	8	is	be	AUX
ftr-441	941	9	not	not	PART
ftr-441	941	10	included	include	VERB
ftr-441	941	11	.	.	PUNCT
ftr-441	942	1	1999	1999	NUM
ftr-441	942	2	]	]	PUNCT
ftr-441	942	3	florida	florida	PROPN
ftr-441	942	4	tax	tax	PROPN
ftr-441	942	5	review	review	NOUN
ftr-441	942	6	according	accord	VERB
ftr-441	942	7	to	to	ADP
ftr-441	942	8	table	table	NOUN
ftr-441	942	9	4	4	NUM
ftr-441	942	10	,	,	PUNCT
ftr-441	942	11	almost	almost	ADV
ftr-441	942	12	two	two	NUM
ftr-441	942	13	-	-	PUNCT
ftr-441	942	14	thirds	third	NOUN
ftr-441	942	15	of	of	ADP
ftr-441	942	16	the	the	DET
ftr-441	942	17	section	section	NOUN
ftr-441	942	18	501(c)(3	501(c)(3	NOUN
ftr-441	942	19	)	)	PUNCT
ftr-441	942	20	organizations	organization	NOUN
ftr-441	942	21	reporting	report	VERB
ftr-441	942	22	unrelated	unrelated	ADJ
ftr-441	942	23	business	business	NOUN
ftr-441	942	24	income	income	NOUN
ftr-441	942	25	or	or	CCONJ
ftr-441	942	26	loss	loss	NOUN
ftr-441	942	27	in	in	ADP
ftr-441	942	28	1993	1993	NUM
ftr-441	942	29	reported	report	VERB
ftr-441	942	30	either	either	CCONJ
ftr-441	942	31	zero	zero	NUM
ftr-441	942	32	income	income	NOUN
ftr-441	942	33	or	or	CCONJ
ftr-441	942	34	a	a	DET
ftr-441	942	35	net	net	ADJ
ftr-441	942	36	loss	loss	NOUN
ftr-441	942	37	for	for	ADP
ftr-441	942	38	the	the	DET
ftr-441	942	39	year	year	NOUN
ftr-441	942	40	.	.	PUNCT
ftr-441	943	1	'22	'22	NUM
ftr-441	943	2	over	over	ADP
ftr-441	943	3	half	half	NOUN
ftr-441	943	4	of	of	ADP
ftr-441	943	5	them	they	PRON
ftr-441	943	6	reported	report	VERB
ftr-441	943	7	a	a	DET
ftr-441	943	8	net	net	ADJ
ftr-441	943	9	loss	loss	NOUN
ftr-441	943	10	,	,	PUNCT
ftr-441	943	11	with	with	ADP
ftr-441	943	12	an	an	DET
ftr-441	943	13	average	average	ADJ
ftr-441	943	14	loss	loss	NOUN
ftr-441	943	15	per	per	ADP
ftr-441	943	16	section	section	NOUN
ftr-441	943	17	501(c)(3	501(c)(3	NOUN
ftr-441	943	18	)	)	PUNCT
ftr-441	943	19	"	"	PUNCT
ftr-441	943	20	loss	loss	NOUN
ftr-441	943	21	"	"	PUNCT
ftr-441	943	22	organization	organization	NOUN
ftr-441	943	23	of	of	ADP
ftr-441	943	24	over	over	ADP
ftr-441	943	25	$	$	SYM
ftr-441	943	26	200,000	200,000	NUM
ftr-441	943	27	.	.	PUNCT
ftr-441	944	1	123	123	NUM
ftr-441	944	2	the	the	DET
ftr-441	944	3	total	total	ADJ
ftr-441	944	4	loss	loss	NOUN
ftr-441	944	5	reported	report	VERB
ftr-441	944	6	by	by	ADP
ftr-441	944	7	such	such	ADJ
ftr-441	944	8	organizations	organization	NOUN
ftr-441	944	9	was	be	AUX
ftr-441	944	10	just	just	ADV
ftr-441	944	11	over	over	ADP
ftr-441	944	12	$	$	SYM
ftr-441	944	13	1	1	NUM
ftr-441	944	14	billion	billion	NUM
ftr-441	944	15	.	.	PUNCT
ftr-441	945	1	24	24	NUM
ftr-441	945	2	table	table	NOUN
ftr-441	945	3	5	5	NUM
ftr-441	945	4	indicates	indicate	VERB
ftr-441	945	5	that	that	SCONJ
ftr-441	945	6	more	more	ADJ
ftr-441	945	7	than	than	ADP
ftr-441	945	8	one	one	NUM
ftr-441	945	9	-	-	PUNCT
ftr-441	945	10	fourth	fourth	NOUN
ftr-441	945	11	of	of	ADP
ftr-441	945	12	all	all	DET
ftr-441	945	13	section	section	NOUN
ftr-441	945	14	501(c)(3	501(c)(3	NOUN
ftr-441	945	15	)	)	PUNCT
ftr-441	945	16	organizations	organization	NOUN
ftr-441	945	17	reporting	report	VERB
ftr-441	945	18	unrelated	unrelated	ADJ
ftr-441	945	19	business	business	NOUN
ftr-441	945	20	income	income	NOUN
ftr-441	945	21	or	or	CCONJ
ftr-441	945	22	loss	loss	NOUN
ftr-441	945	23	claimed	claim	VERB
ftr-441	945	24	a	a	DET
ftr-441	945	25	net	net	ADJ
ftr-441	945	26	operating	operating	NOUN
ftr-441	945	27	loss	loss	NOUN
ftr-441	945	28	deduction	deduction	NOUN
ftr-441	945	29	from	from	ADP
ftr-441	945	30	a	a	DET
ftr-441	945	31	prior	prior	ADJ
ftr-441	945	32	year	year	NOUN
ftr-441	945	33	loss	loss	NOUN
ftr-441	945	34	in	in	ADP
ftr-441	945	35	1993	1993	NUM
ftr-441	945	36	,	,	PUNCT
ftr-441	945	37	with	with	ADP
ftr-441	945	38	an	an	DET
ftr-441	945	39	average	average	ADJ
ftr-441	945	40	nol	nol	NOUN
ftr-441	945	41	deduction	deduction	NOUN
ftr-441	945	42	per	per	ADP
ftr-441	945	43	claim	claim	NOUN
ftr-441	945	44	of	of	ADP
ftr-441	945	45	over	over	ADP
ftr-441	945	46	$	$	SYM
ftr-441	945	47	300,000	300,000	NUM
ftr-441	945	48	.	.	PUNCT
ftr-441	946	1	"	"	PUNCT
ftr-441	946	2	'	'	PUNCT
ftr-441	946	3	5	5	NUM
ftr-441	946	4	about	about	ADV
ftr-441	946	5	$	$	SYM
ftr-441	946	6	783	783	NUM
ftr-441	946	7	million	million	NUM
ftr-441	946	8	in	in	ADP
ftr-441	946	9	such	such	ADJ
ftr-441	946	10	nol	nol	NOUN
ftr-441	946	11	deductions	deduction	NOUN
ftr-441	946	12	were	be	AUX
ftr-441	946	13	claimed	claim	VERB
ftr-441	946	14	in	in	ADP
ftr-441	946	15	that	that	DET
ftr-441	946	16	year	year	NOUN
ftr-441	946	17	.	.	PUNCT
ftr-441	947	1	126	126	NUM
ftr-441	947	2	these	these	DET
ftr-441	947	3	figures	figure	NOUN
ftr-441	947	4	suggest	suggest	VERB
ftr-441	947	5	that	that	SCONJ
ftr-441	947	6	the	the	DET
ftr-441	947	7	tax	tax	NOUN
ftr-441	947	8	profile	profile	NOUN
ftr-441	947	9	of	of	ADP
ftr-441	947	10	section	section	NOUN
ftr-441	947	11	501(c)(3	501(c)(3	NOUN
ftr-441	947	12	)	)	PUNCT
ftr-441	947	13	organizations	organization	NOUN
ftr-441	947	14	involved	involve	VERB
ftr-441	947	15	in	in	ADP
ftr-441	947	16	unrelated	unrelated	ADJ
ftr-441	947	17	business	business	NOUN
ftr-441	947	18	activities	activity	NOUN
ftr-441	947	19	may	may	AUX
ftr-441	947	20	not	not	PART
ftr-441	947	21	be	be	AUX
ftr-441	947	22	markedly	markedly	ADV
ftr-441	947	23	different	different	ADJ
ftr-441	947	24	from	from	ADP
ftr-441	947	25	that	that	PRON
ftr-441	947	26	of	of	ADP
ftr-441	947	27	public	public	ADJ
ftr-441	947	28	c	c	PROPN
ftr-441	947	29	corporations	corporation	NOUN
ftr-441	947	30	.	.	PUNCT
ftr-441	948	1	a	a	DET
ftr-441	948	2	substantial	substantial	ADJ
ftr-441	948	3	number	number	NOUN
ftr-441	948	4	of	of	ADP
ftr-441	948	5	section	section	NOUN
ftr-441	948	6	501(c)(3	501(c)(3	NOUN
ftr-441	948	7	)	)	PUNCT
ftr-441	948	8	organizations	organization	NOUN
ftr-441	948	9	report	report	VERB
ftr-441	948	10	either	either	CCONJ
ftr-441	948	11	no	no	DET
ftr-441	948	12	income	income	NOUN
ftr-441	948	13	or	or	CCONJ
ftr-441	948	14	losses	loss	NOUN
ftr-441	948	15	for	for	ADP
ftr-441	948	16	tax	tax	NOUN
ftr-441	948	17	purposes	purpose	NOUN
ftr-441	948	18	from	from	ADP
ftr-441	948	19	their	their	PRON
ftr-441	948	20	unrelated	unrelated	ADJ
ftr-441	948	21	activities	activity	NOUN
ftr-441	948	22	,	,	PUNCT
ftr-441	948	23	and	and	CCONJ
ftr-441	948	24	although	although	SCONJ
ftr-441	948	25	their	their	PRON
ftr-441	948	26	average	average	NOUN
ftr-441	948	27	claimed	claim	VERB
ftr-441	948	28	nol	nol	NOUN
ftr-441	948	29	deduction	deduction	NOUN
ftr-441	948	30	is	be	AUX
ftr-441	948	31	small	small	ADJ
ftr-441	948	32	in	in	ADP
ftr-441	948	33	comparison	comparison	NOUN
ftr-441	948	34	with	with	ADP
ftr-441	948	35	the	the	DET
ftr-441	948	36	average	average	ADJ
ftr-441	948	37	nol	nol	NOUN
ftr-441	948	38	deductions	deduction	NOUN
ftr-441	948	39	of	of	ADP
ftr-441	948	40	the	the	DET
ftr-441	948	41	largest	large	ADJ
ftr-441	948	42	taxable	taxable	ADJ
ftr-441	948	43	corporations	corporation	NOUN
ftr-441	948	44	,	,	PUNCT
ftr-441	948	45	the	the	DET
ftr-441	948	46	deductions	deduction	NOUN
ftr-441	948	47	are	be	AUX
ftr-441	948	48	nevertheless	nevertheless	ADV
ftr-441	948	49	significant	significant	ADJ
ftr-441	948	50	in	in	ADP
ftr-441	948	51	size	size	NOUN
ftr-441	948	52	.	.	PUNCT
ftr-441	949	1	27	27	NUM
ftr-441	949	2	like	like	ADP
ftr-441	949	3	their	their	PRON
ftr-441	949	4	corporate	corporate	ADJ
ftr-441	949	5	counterpart	counterpart	NOUN
ftr-441	949	6	,	,	PUNCT
ftr-441	949	7	those	those	DET
ftr-441	949	8	deductions	deduction	NOUN
ftr-441	949	9	could	could	AUX
ftr-441	949	10	provide	provide	VERB
ftr-441	949	11	ample	ample	ADJ
ftr-441	949	12	shelter	shelter	NOUN
ftr-441	949	13	opportunities	opportunity	NOUN
ftr-441	949	14	in	in	ADP
ftr-441	949	15	any	any	DET
ftr-441	949	16	given	give	VERB
ftr-441	949	17	case	case	NOUN
ftr-441	949	18	.	.	PUNCT
ftr-441	950	1	perhaps	perhaps	ADV
ftr-441	950	2	these	these	DET
ftr-441	950	3	conclusions	conclusion	NOUN
ftr-441	950	4	should	should	AUX
ftr-441	950	5	not	not	PART
ftr-441	950	6	be	be	AUX
ftr-441	950	7	surprising	surprising	ADJ
ftr-441	950	8	;	;	PUNCT
ftr-441	950	9	after	after	ADV
ftr-441	950	10	all	all	ADV
ftr-441	950	11	,	,	PUNCT
ftr-441	950	12	if	if	SCONJ
ftr-441	950	13	an	an	DET
ftr-441	950	14	exempt	exempt	ADJ
ftr-441	950	15	organization	organization	NOUN
ftr-441	950	16	is	be	AUX
ftr-441	950	17	taxed	tax	VERB
ftr-441	950	18	on	on	ADP
ftr-441	950	19	its	its	PRON
ftr-441	950	20	unrelated	unrelated	ADJ
ftr-441	950	21	business	business	NOUN
ftr-441	950	22	activities	activity	NOUN
ftr-441	950	23	in	in	ADP
ftr-441	950	24	the	the	DET
ftr-441	950	25	same	same	ADJ
ftr-441	950	26	manner	manner	NOUN
ftr-441	950	27	as	as	ADP
ftr-441	950	28	a	a	DET
ftr-441	950	29	taxable	taxable	ADJ
ftr-441	950	30	corporation	corporation	NOUN
ftr-441	950	31	,	,	PUNCT
ftr-441	950	32	then	then	ADV
ftr-441	950	33	one	one	PRON
ftr-441	950	34	might	might	AUX
ftr-441	950	35	expect	expect	VERB
ftr-441	950	36	a	a	DET
ftr-441	950	37	similar	similar	ADJ
ftr-441	950	38	resulting	result	VERB
ftr-441	950	39	tax	tax	NOUN
ftr-441	950	40	profile	profile	NOUN
ftr-441	950	41	to	to	ADP
ftr-441	950	42	those	those	DET
ftr-441	950	43	corporations	corporation	NOUN
ftr-441	950	44	.	.	PUNCT
ftr-441	951	1	indeed	indeed	ADV
ftr-441	951	2	,	,	PUNCT
ftr-441	951	3	some	some	PRON
ftr-441	951	4	have	have	AUX
ftr-441	951	5	suggested	suggest	VERB
ftr-441	951	6	that	that	SCONJ
ftr-441	951	7	the	the	DET
ftr-441	951	8	tax	tax	NOUN
ftr-441	951	9	rules	rule	NOUN
ftr-441	951	10	for	for	ADP
ftr-441	951	11	computing	compute	VERB
ftr-441	951	12	unrelated	unrelated	ADJ
ftr-441	951	13	business	business	NOUN
ftr-441	951	14	taxable	taxable	ADJ
ftr-441	951	15	income	income	NOUN
ftr-441	951	16	are	be	AUX
ftr-441	951	17	more	more	ADV
ftr-441	951	18	favorable	favorable	ADJ
ftr-441	951	19	than	than	ADP
ftr-441	951	20	for	for	ADP
ftr-441	951	21	calculating	calculate	VERB
ftr-441	951	22	taxable	taxable	ADJ
ftr-441	951	23	income	income	NOUN
ftr-441	951	24	generally	generally	ADV
ftr-441	951	25	because	because	SCONJ
ftr-441	951	26	the	the	DET
ftr-441	951	27	former	former	ADJ
ftr-441	951	28	may	may	AUX
ftr-441	951	29	allow	allow	VERB
ftr-441	951	30	the	the	DET
ftr-441	951	31	deduction	deduction	NOUN
ftr-441	951	32	against	against	ADP
ftr-441	951	33	unrelated	unrelated	ADJ
ftr-441	951	34	business	business	NOUN
ftr-441	951	35	income	income	NOUN
ftr-441	951	36	of	of	ADP
ftr-441	951	37	expenses	expense	NOUN
ftr-441	951	38	attributable	attributable	ADJ
ftr-441	951	39	to	to	ADP
ftr-441	951	40	the	the	DET
ftr-441	951	41	exempt	exempt	ADJ
ftr-441	951	42	function	function	NOUN
ftr-441	951	43	of	of	ADP
ftr-441	951	44	the	the	DET
ftr-441	951	45	organization	organization	NOUN
ftr-441	951	46	.	.	PUNCT
ftr-441	952	1	2	2	X
ftr-441	952	2	'	'	PUNCT
ftr-441	952	3	obviously	obviously	ADV
ftr-441	952	4	,	,	PUNCT
ftr-441	952	5	the	the	PRON
ftr-441	952	6	more	more	ADV
ftr-441	952	7	favorable	favorable	ADJ
ftr-441	952	8	the	the	DET
ftr-441	952	9	122	122	NUM
ftr-441	952	10	.	.	PUNCT
ftr-441	952	11	table	table	NOUN
ftr-441	952	12	4	4	NUM
ftr-441	952	13	,	,	PUNCT
ftr-441	952	14	cols	col	NOUN
ftr-441	952	15	.	.	PUNCT
ftr-441	953	1	(	(	PUNCT
ftr-441	953	2	6	6	NUM
ftr-441	953	3	)	)	PUNCT
ftr-441	953	4	and	and	CCONJ
ftr-441	953	5	(	(	PUNCT
ftr-441	953	6	8)	8)	NUM
ftr-441	953	7	,	,	PUNCT
ftr-441	953	8	line	line	NOUN
ftr-441	953	9	1	1	NUM
ftr-441	953	10	.	.	NOUN
ftr-441	953	11	123	123	NUM
ftr-441	953	12	.	.	PUNCT
ftr-441	953	13	table	table	NOUN
ftr-441	953	14	4	4	NUM
ftr-441	953	15	,	,	PUNCT
ftr-441	953	16	cols	col	NOUN
ftr-441	953	17	.	.	PUNCT
ftr-441	954	1	(	(	PUNCT
ftr-441	954	2	8)	8)	NUM
ftr-441	954	3	and	and	CCONJ
ftr-441	954	4	(	(	PUNCT
ftr-441	954	5	10	10	NUM
ftr-441	954	6	)	)	PUNCT
ftr-441	954	7	,	,	PUNCT
ftr-441	954	8	line	line	NOUN
ftr-441	954	9	1	1	NUM
ftr-441	954	10	.	.	NOUN
ftr-441	954	11	124	124	NUM
ftr-441	954	12	.	.	PUNCT
ftr-441	954	13	table	table	NOUN
ftr-441	954	14	4	4	NUM
ftr-441	954	15	,	,	PUNCT
ftr-441	954	16	col	col	PROPN
ftr-441	954	17	.	.	PROPN
ftr-441	955	1	(	(	PUNCT
ftr-441	955	2	9	9	NUM
ftr-441	955	3	)	)	PUNCT
ftr-441	955	4	,	,	PUNCT
ftr-441	955	5	line	line	NOUN
ftr-441	955	6	1	1	NUM
ftr-441	955	7	.	.	SYM
ftr-441	955	8	125	125	NUM
ftr-441	955	9	.	.	PUNCT
ftr-441	955	10	table	table	NOUN
ftr-441	955	11	5	5	NUM
ftr-441	955	12	,	,	PUNCT
ftr-441	955	13	cols	col	NOUN
ftr-441	955	14	.	.	PUNCT
ftr-441	956	1	(	(	PUNCT
ftr-441	956	2	4	4	NUM
ftr-441	956	3	)	)	PUNCT
ftr-441	956	4	and	and	CCONJ
ftr-441	956	5	(	(	PUNCT
ftr-441	956	6	6	6	NUM
ftr-441	956	7	)	)	PUNCT
ftr-441	956	8	,	,	PUNCT
ftr-441	956	9	line	line	NOUN
ftr-441	956	10	1	1	NUM
ftr-441	956	11	.	.	X
ftr-441	956	12	126	126	NUM
ftr-441	956	13	.	.	PUNCT
ftr-441	956	14	table	table	NOUN
ftr-441	956	15	5	5	NUM
ftr-441	956	16	,	,	PUNCT
ftr-441	956	17	col	col	PROPN
ftr-441	956	18	.	.	PROPN
ftr-441	956	19	(	(	PUNCT
ftr-441	956	20	5	5	NUM
ftr-441	956	21	)	)	PUNCT
ftr-441	956	22	,	,	PUNCT
ftr-441	956	23	line	line	NOUN
ftr-441	956	24	1	1	NUM
ftr-441	956	25	.	.	PUNCT
ftr-441	956	26	127	127	NUM
ftr-441	956	27	.	.	PUNCT
ftr-441	957	1	compare	compare	ADJ
ftr-441	957	2	table	table	NOUN
ftr-441	957	3	3	3	NUM
ftr-441	957	4	,	,	PUNCT
ftr-441	957	5	col	col	PROPN
ftr-441	957	6	.	.	PROPN
ftr-441	957	7	(	(	PUNCT
ftr-441	957	8	7	7	NUM
ftr-441	957	9	)	)	PUNCT
ftr-441	957	10	,	,	PUNCT
ftr-441	957	11	lines	line	VERB
ftr-441	957	12	10	10	NUM
ftr-441	957	13	-	-	SYM
ftr-441	957	14	12	12	NUM
ftr-441	957	15	with	with	ADP
ftr-441	957	16	table	table	NOUN
ftr-441	957	17	5	5	NUM
ftr-441	957	18	,	,	PUNCT
ftr-441	957	19	col	col	PROPN
ftr-441	957	20	.	.	PROPN
ftr-441	957	21	(	(	PUNCT
ftr-441	957	22	6	6	NUM
ftr-441	957	23	)	)	PUNCT
ftr-441	957	24	,	,	PUNCT
ftr-441	957	25	line	line	NOUN
ftr-441	957	26	1	1	NUM
ftr-441	957	27	.	.	PUNCT
ftr-441	958	1	in	in	ADP
ftr-441	958	2	addition	addition	NOUN
ftr-441	958	3	,	,	PUNCT
ftr-441	958	4	just	just	ADV
ftr-441	958	5	like	like	ADP
ftr-441	958	6	the	the	DET
ftr-441	958	7	other	other	ADJ
ftr-441	958	8	data	datum	NOUN
ftr-441	958	9	on	on	ADP
ftr-441	958	10	nol	nol	NOUN
ftr-441	958	11	deductions	deduction	NOUN
ftr-441	958	12	,	,	PUNCT
ftr-441	958	13	the	the	DET
ftr-441	958	14	figures	figure	NOUN
ftr-441	958	15	in	in	ADP
ftr-441	958	16	table	table	NOUN
ftr-441	958	17	5	5	NUM
ftr-441	958	18	do	do	AUX
ftr-441	958	19	not	not	PART
ftr-441	958	20	include	include	VERB
ftr-441	958	21	loss	loss	NOUN
ftr-441	958	22	carrybacks	carryback	NOUN
ftr-441	958	23	to	to	ADP
ftr-441	958	24	1993	1993	NUM
ftr-441	958	25	.	.	PUNCT
ftr-441	959	1	see	see	VERB
ftr-441	959	2	margaret	margaret	PROPN
ftr-441	959	3	riley	riley	PROPN
ftr-441	959	4	,	,	PUNCT
ftr-441	959	5	exempt	exempt	ADJ
ftr-441	959	6	organization	organization	NOUN
ftr-441	959	7	business	business	NOUN
ftr-441	959	8	income	income	NOUN
ftr-441	959	9	tax	tax	NOUN
ftr-441	959	10	returns	return	NOUN
ftr-441	959	11	:	:	PUNCT
ftr-441	959	12	highlights	highlight	NOUN
ftr-441	959	13	and	and	CCONJ
ftr-441	959	14	an	an	DET
ftr-441	959	15	analysis	analysis	NOUN
ftr-441	959	16	of	of	ADP
ftr-441	959	17	exempt	exempt	ADJ
ftr-441	959	18	and	and	CCONJ
ftr-441	959	19	nonexempt	nonexempt	ADJ
ftr-441	959	20	finances	finance	NOUN
ftr-441	959	21	,	,	PUNCT
ftr-441	959	22	1993	1993	NUM
ftr-441	959	23	,	,	PUNCT
ftr-441	959	24	16	16	NUM
ftr-441	959	25	soi	soi	ADJ
ftr-441	959	26	bulletin	bulletin	NOUN
ftr-441	959	27	75	75	NUM
ftr-441	959	28	,	,	PUNCT
ftr-441	959	29	84	84	NUM
ftr-441	959	30	(	(	PUNCT
ftr-441	959	31	spring	spring	NOUN
ftr-441	959	32	,	,	PUNCT
ftr-441	959	33	1997	1997	NUM
ftr-441	959	34	)	)	PUNCT
ftr-441	959	35	.	.	PUNCT
ftr-441	960	1	thus	thus	ADV
ftr-441	960	2	,	,	PUNCT
ftr-441	960	3	the	the	DET
ftr-441	960	4	actual	actual	ADJ
ftr-441	960	5	nol	nol	NOUN
ftr-441	960	6	deductions	deduction	NOUN
ftr-441	960	7	of	of	ADP
ftr-441	960	8	exempt	exempt	ADJ
ftr-441	960	9	organizations	organization	NOUN
ftr-441	960	10	are	be	AUX
ftr-441	960	11	larger	large	ADJ
ftr-441	960	12	than	than	ADP
ftr-441	960	13	the	the	DET
ftr-441	960	14	numbers	number	NOUN
ftr-441	960	15	shown	show	VERB
ftr-441	960	16	in	in	ADP
ftr-441	960	17	columns	column	NOUN
ftr-441	960	18	(	(	PUNCT
ftr-441	960	19	5	5	NUM
ftr-441	960	20	)	)	PUNCT
ftr-441	960	21	and	and	CCONJ
ftr-441	960	22	(	(	PUNCT
ftr-441	960	23	6	6	NUM
ftr-441	960	24	)	)	PUNCT
ftr-441	960	25	of	of	ADP
ftr-441	960	26	table	table	NOUN
ftr-441	960	27	5	5	NUM
ftr-441	960	28	.	.	SYM
ftr-441	960	29	128	128	NUM
ftr-441	960	30	.	.	PUNCT
ftr-441	961	1	see	see	VERB
ftr-441	961	2	u.s	u.s	PROPN
ftr-441	961	3	.	.	PROPN
ftr-441	961	4	house	house	PROPN
ftr-441	961	5	ways	way	NOUN
ftr-441	961	6	and	and	CCONJ
ftr-441	961	7	means	mean	VERB
ftr-441	961	8	oversight	oversight	NOUN
ftr-441	961	9	subcommittee	subcommittee	NOUN
ftr-441	961	10	ubit	ubit	VERB
ftr-441	961	11	recommendations	recommendation	NOUN
ftr-441	961	12	(	(	PUNCT
ftr-441	961	13	draft	draft	NOUN
ftr-441	961	14	)	)	PUNCT
ftr-441	961	15	,	,	PUNCT
ftr-441	961	16	reprinted	reprint	VERB
ftr-441	961	17	in	in	ADP
ftr-441	961	18	88	88	NUM
ftr-441	961	19	tnt	tnt	NOUN
ftr-441	961	20	132	132	NUM
ftr-441	961	21	-	-	SYM
ftr-441	961	22	5	5	NUM
ftr-441	961	23	(	(	PUNCT
ftr-441	961	24	jun	jun	PROPN
ftr-441	961	25	.	.	PROPN
ftr-441	961	26	24	24	NUM
ftr-441	961	27	,	,	PUNCT
ftr-441	961	28	1988	1988	NUM
ftr-441	961	29	)	)	PUNCT
ftr-441	961	30	(	(	PUNCT
ftr-441	961	31	lexis	lexis	X
ftr-441	961	32	,	,	PUNCT
ftr-441	961	33	fedtax	fedtax	NOUN
ftr-441	961	34	library	library	NOUN
ftr-441	961	35	,	,	PUNCT
ftr-441	961	36	tnt	tnt	NOUN
ftr-441	961	37	file	file	NOUN
ftr-441	961	38	)	)	PUNCT
ftr-441	961	39	(	(	PUNCT
ftr-441	961	40	"	"	PUNCT
ftr-441	961	41	there	there	PRON
ftr-441	961	42	has	have	AUX
ftr-441	961	43	been	be	AUX
ftr-441	961	44	evidence	evidence	NOUN
ftr-441	961	45	of	of	ADP
ftr-441	961	46	excessive	excessive	ADJ
ftr-441	961	47	,	,	PUNCT
ftr-441	961	48	and	and	CCONJ
ftr-441	961	49	in	in	ADP
ftr-441	961	50	some	some	DET
ftr-441	961	51	cases	case	NOUN
ftr-441	961	52	possibly	possibly	ADV
ftr-441	961	53	abusive	abusive	ADJ
ftr-441	961	54	,	,	PUNCT
ftr-441	961	55	allocations	allocation	NOUN
ftr-441	961	56	to	to	ADP
ftr-441	961	57	taxable	taxable	ADJ
ftr-441	961	58	uses	use	NOUN
ftr-441	961	59	of	of	ADP
ftr-441	961	60	various	various	ADJ
ftr-441	961	61	expenses	expense	NOUN
ftr-441	961	62	...	...	PUNCT
ftr-441	961	63	attributable	attributable	ADJ
ftr-441	961	64	to	to	ADP
ftr-441	961	65	[	[	PUNCT
ftr-441	961	66	facilities	facility	NOUN
ftr-441	961	67	used	use	VERB
ftr-441	961	68	for	for	ADP
ftr-441	961	69	both	both	CCONJ
ftr-441	961	70	exempt	exempt	ADJ
ftr-441	961	71	and	and	CCONJ
ftr-441	961	72	nonexempt	nonexempt	ADJ
ftr-441	961	73	purposes	purpose	NOUN
ftr-441	961	74	]	]	PUNCT
ftr-441	961	75	.	.	PUNCT
ftr-441	962	1	in	in	ADP
ftr-441	962	2	these	these	DET
ftr-441	962	3	cases	case	NOUN
ftr-441	962	4	,	,	PUNCT
ftr-441	962	5	net	net	ADJ
ftr-441	962	6	income	income	NOUN
ftr-441	962	7	from	from	ADP
ftr-441	962	8	taxable	taxable	ADJ
ftr-441	962	9	activities	activity	NOUN
ftr-441	962	10	may	may	AUX
ftr-441	962	11	be	be	AUX
ftr-441	962	12	greatly	greatly	ADV
ftr-441	962	13	reduced	reduce	VERB
ftr-441	962	14	or	or	CCONJ
ftr-441	962	15	completely	completely	ADV
ftr-441	962	16	eliminated	eliminate	VERB
ftr-441	962	17	simply	simply	ADV
ftr-441	962	18	through	through	ADP
ftr-441	962	19	liberal	liberal	ADJ
ftr-441	962	20	expense	expense	NOUN
ftr-441	962	21	allocations	allocation	NOUN
ftr-441	962	22	.	.	PUNCT
ftr-441	963	1	"	"	PUNCT
ftr-441	963	2	)	)	PUNCT
ftr-441	963	3	.	.	PUNCT
ftr-441	964	1	for	for	ADP
ftr-441	964	2	additional	additional	ADJ
ftr-441	964	3	[	[	X
ftr-441	964	4	vol	vol	NOUN
ftr-441	964	5	.	.	PUNCT
ftr-441	964	6	4:3	4:3	NUM
ftr-441	964	7	the	the	DET
ftr-441	964	8	future	future	ADJ
ftr-441	964	9	taxation	taxation	NOUN
ftr-441	964	10	of	of	ADP
ftr-441	964	11	private	private	ADJ
ftr-441	964	12	business	business	NOUN
ftr-441	964	13	firms	firm	NOUN
ftr-441	964	14	tax	tax	NOUN
ftr-441	964	15	rules	rule	NOUN
ftr-441	964	16	,	,	PUNCT
ftr-441	964	17	the	the	PRON
ftr-441	964	18	greater	great	ADJ
ftr-441	964	19	the	the	DET
ftr-441	964	20	possibility	possibility	NOUN
ftr-441	964	21	of	of	ADP
ftr-441	964	22	generating	generate	VERB
ftr-441	964	23	losses	loss	NOUN
ftr-441	964	24	for	for	ADP
ftr-441	964	25	tax	tax	NOUN
ftr-441	964	26	purposes	purpose	NOUN
ftr-441	964	27	.	.	PUNCT
ftr-441	965	1	in	in	ADP
ftr-441	965	2	any	any	DET
ftr-441	965	3	event	event	NOUN
ftr-441	965	4	,	,	PUNCT
ftr-441	965	5	whatever	whatever	PRON
ftr-441	965	6	the	the	DET
ftr-441	965	7	explanation	explanation	NOUN
ftr-441	965	8	,	,	PUNCT
ftr-441	965	9	it	it	PRON
ftr-441	965	10	would	would	AUX
ftr-441	965	11	seem	seem	VERB
ftr-441	965	12	that	that	SCONJ
ftr-441	965	13	for	for	ADP
ftr-441	965	14	the	the	DET
ftr-441	965	15	same	same	ADJ
ftr-441	965	16	reasons	reason	NOUN
ftr-441	965	17	that	that	PRON
ftr-441	965	18	public	public	ADJ
ftr-441	965	19	c	c	NOUN
ftr-441	965	20	firms	firm	NOUN
ftr-441	965	21	are	be	AUX
ftr-441	965	22	excluded	exclude	VERB
ftr-441	965	23	as	as	ADP
ftr-441	965	24	owners	owner	NOUN
ftr-441	965	25	of	of	ADP
ftr-441	965	26	an	an	DET
ftr-441	965	27	spbf	spbf	NOUN
ftr-441	965	28	,	,	PUNCT
ftr-441	965	29	section	section	NOUN
ftr-441	965	30	501(c)(3	501(c)(3	NOUN
ftr-441	965	31	)	)	PUNCT
ftr-441	965	32	organizations	organization	NOUN
ftr-441	965	33	should	should	AUX
ftr-441	965	34	also	also	ADV
ftr-441	965	35	be	be	AUX
ftr-441	965	36	excluded	exclude	VERB
ftr-441	965	37	.	.	PUNCT
ftr-441	965	38	'	'	PUNCT
ftr-441	965	39	29	29	NUM
ftr-441	965	40	the	the	DET
ftr-441	965	41	case	case	NOUN
ftr-441	965	42	for	for	ADP
ftr-441	965	43	excluding	exclude	VERB
ftr-441	965	44	taxpayers	taxpayer	NOUN
ftr-441	965	45	qualifying	qualify	VERB
ftr-441	965	46	under	under	ADP
ftr-441	965	47	section	section	NOUN
ftr-441	965	48	401(a	401(a	PROPN
ftr-441	965	49	)	)	PUNCT
ftr-441	965	50	is	be	AUX
ftr-441	965	51	less	less	ADV
ftr-441	965	52	clear	clear	ADJ
ftr-441	965	53	.	.	PUNCT
ftr-441	966	1	as	as	SCONJ
ftr-441	966	2	shown	show	VERB
ftr-441	966	3	on	on	ADP
ftr-441	966	4	tables	table	NOUN
ftr-441	966	5	4	4	NUM
ftr-441	966	6	and	and	CCONJ
ftr-441	966	7	5	5	NUM
ftr-441	966	8	,	,	PUNCT
ftr-441	966	9	fewer	few	ADJ
ftr-441	966	10	of	of	ADP
ftr-441	966	11	them	they	PRON
ftr-441	966	12	than	than	ADP
ftr-441	966	13	section	section	NOUN
ftr-441	966	14	501(c)(3	501(c)(3	NOUN
ftr-441	966	15	)	)	PUNCT
ftr-441	966	16	organizations	organization	NOUN
ftr-441	966	17	report	report	VERB
ftr-441	966	18	losses	loss	NOUN
ftr-441	966	19	,	,	PUNCT
ftr-441	966	20	and	and	CCONJ
ftr-441	966	21	the	the	DET
ftr-441	966	22	average	average	ADJ
ftr-441	966	23	amount	amount	NOUN
ftr-441	966	24	of	of	ADP
ftr-441	966	25	losses	loss	NOUN
ftr-441	966	26	reported	report	VERB
ftr-441	966	27	and	and	CCONJ
ftr-441	966	28	net	net	ADJ
ftr-441	966	29	operating	operating	NOUN
ftr-441	966	30	loss	loss	NOUN
ftr-441	966	31	deductions	deduction	NOUN
ftr-441	966	32	claimed	claim	VERB
ftr-441	966	33	is	be	AUX
ftr-441	966	34	much	much	ADV
ftr-441	966	35	less	less	ADJ
ftr-441	966	36	.	.	PUNCT
ftr-441	966	37	'	'	PUNCT
ftr-441	967	1	on	on	ADP
ftr-441	967	2	the	the	DET
ftr-441	967	3	other	other	ADJ
ftr-441	967	4	hand	hand	NOUN
ftr-441	967	5	,	,	PUNCT
ftr-441	967	6	the	the	DET
ftr-441	967	7	issue	issue	NOUN
ftr-441	967	8	of	of	ADP
ftr-441	967	9	permitting	permit	VERB
ftr-441	967	10	them	they	PRON
ftr-441	967	11	to	to	PART
ftr-441	967	12	be	be	AUX
ftr-441	967	13	an	an	DET
ftr-441	967	14	spbf	spbf	ADJ
ftr-441	967	15	owner	owner	NOUN
ftr-441	967	16	may	may	AUX
ftr-441	967	17	not	not	PART
ftr-441	967	18	be	be	AUX
ftr-441	967	19	very	very	ADV
ftr-441	967	20	significant	significant	ADJ
ftr-441	967	21	,	,	PUNCT
ftr-441	967	22	as	as	SCONJ
ftr-441	967	23	only	only	ADV
ftr-441	967	24	1,135	1,135	NUM
ftr-441	967	25	section	section	NOUN
ftr-441	967	26	401(a	401(a	NUM
ftr-441	967	27	)	)	PUNCT
ftr-441	967	28	organizations	organization	NOUN
ftr-441	967	29	reported	report	VERB
ftr-441	967	30	any	any	DET
ftr-441	967	31	unrelated	unrelated	ADJ
ftr-441	967	32	business	business	NOUN
ftr-441	967	33	income	income	NOUN
ftr-441	967	34	or	or	CCONJ
ftr-441	967	35	loss	loss	NOUN
ftr-441	967	36	at	at	ADV
ftr-441	967	37	all	all	ADV
ftr-441	967	38	in	in	ADP
ftr-441	967	39	1993	1993	NUM
ftr-441	967	40	,	,	PUNCT
ftr-441	967	41	13	13	NUM
ftr-441	967	42	and	and	CCONJ
ftr-441	967	43	just	just	ADV
ftr-441	967	44	a	a	DET
ftr-441	967	45	fraction	fraction	NOUN
ftr-441	967	46	of	of	ADP
ftr-441	967	47	them	they	PRON
ftr-441	967	48	reported	report	VERB
ftr-441	967	49	income	income	NOUN
ftr-441	967	50	from	from	ADP
ftr-441	967	51	partnerships	partnership	NOUN
ftr-441	967	52	and	and	CCONJ
ftr-441	967	53	therefore	therefore	ADV
ftr-441	967	54	might	might	AUX
ftr-441	967	55	be	be	AUX
ftr-441	967	56	expected	expect	VERB
ftr-441	967	57	to	to	PART
ftr-441	967	58	be	be	AUX
ftr-441	967	59	potential	potential	ADJ
ftr-441	967	60	owners	owner	NOUN
ftr-441	967	61	of	of	ADP
ftr-441	967	62	an	an	DET
ftr-441	967	63	spbf	spbf	NOUN
ftr-441	967	64	in	in	ADP
ftr-441	967	65	the	the	DET
ftr-441	967	66	future	future	NOUN
ftr-441	967	67	.	.	PUNCT
ftr-441	968	1	13	13	NUM
ftr-441	968	2	therefore	therefore	ADV
ftr-441	968	3	,	,	PUNCT
ftr-441	968	4	for	for	ADP
ftr-441	968	5	the	the	DET
ftr-441	968	6	other	other	ADJ
ftr-441	968	7	reasons	reason	NOUN
ftr-441	968	8	stated	state	VERB
ftr-441	968	9	above	above	ADV
ftr-441	968	10	,	,	PUNCT
ftr-441	968	11	it	it	PRON
ftr-441	968	12	seems	seem	VERB
ftr-441	968	13	preferable	preferable	ADJ
ftr-441	968	14	to	to	PART
ftr-441	968	15	exclude	exclude	VERB
ftr-441	968	16	them	they	PRON
ftr-441	968	17	as	as	ADP
ftr-441	968	18	owners	owner	NOUN
ftr-441	968	19	as	as	ADV
ftr-441	968	20	well	well	ADV
ftr-441	968	21	.	.	PUNCT
ftr-441	969	1	in	in	ADP
ftr-441	969	2	summary	summary	NOUN
ftr-441	969	3	,	,	PUNCT
ftr-441	969	4	exempt	exempt	ADJ
ftr-441	969	5	entities	entity	NOUN
ftr-441	969	6	are	be	AUX
ftr-441	969	7	treated	treat	VERB
ftr-441	969	8	like	like	ADP
ftr-441	969	9	almost	almost	ADV
ftr-441	969	10	all	all	PRON
ftr-441	969	11	other	other	ADJ
ftr-441	969	12	entities	entity	NOUN
ftr-441	969	13	and	and	CCONJ
ftr-441	969	14	are	be	AUX
ftr-441	969	15	excluded	exclude	VERB
ftr-441	969	16	from	from	ADP
ftr-441	969	17	ownership	ownership	NOUN
ftr-441	969	18	of	of	ADP
ftr-441	969	19	an	an	DET
ftr-441	969	20	spbf	spbf	NOUN
ftr-441	969	21	.	.	PUNCT
ftr-441	970	1	much	much	ADV
ftr-441	970	2	the	the	DET
ftr-441	970	3	same	same	ADJ
ftr-441	970	4	reasoning	reasoning	NOUN
ftr-441	970	5	supports	support	VERB
ftr-441	970	6	excluding	exclude	VERB
ftr-441	970	7	nonresident	nonresident	ADJ
ftr-441	970	8	aliens	alien	NOUN
ftr-441	970	9	as	as	ADP
ftr-441	970	10	owners	owner	NOUN
ftr-441	970	11	of	of	ADP
ftr-441	970	12	an	an	DET
ftr-441	970	13	spbf	spbf	NOUN
ftr-441	970	14	.	.	PUNCT
ftr-441	971	1	ascribing	ascribe	VERB
ftr-441	971	2	the	the	DET
ftr-441	971	3	firm	firm	NOUN
ftr-441	971	4	's	's	PART
ftr-441	971	5	activities	activity	NOUN
ftr-441	971	6	to	to	ADP
ftr-441	971	7	the	the	DET
ftr-441	971	8	nonresident	nonresident	ADJ
ftr-441	971	9	alien	alien	NOUN
ftr-441	971	10	,	,	PUNCT
ftr-441	971	11	as	as	ADP
ftr-441	971	12	in	in	ADP
ftr-441	971	13	the	the	DET
ftr-441	971	14	case	case	NOUN
ftr-441	971	15	of	of	ADP
ftr-441	971	16	a	a	DET
ftr-441	971	17	foreign	foreign	ADJ
ftr-441	971	18	partner	partner	NOUN
ftr-441	971	19	in	in	ADP
ftr-441	971	20	a	a	DET
ftr-441	971	21	partnership	partnership	NOUN
ftr-441	971	22	or	or	CCONJ
ftr-441	971	23	a	a	DET
ftr-441	971	24	foreign	foreign	ADJ
ftr-441	971	25	beneficiary	beneficiary	NOUN
ftr-441	971	26	of	of	ADP
ftr-441	971	27	a	a	DET
ftr-441	971	28	trust	trust	NOUN
ftr-441	971	29	or	or	CCONJ
ftr-441	971	30	estate	estate	NOUN
ftr-441	971	31	engaged	engage	VERB
ftr-441	971	32	in	in	ADP
ftr-441	971	33	a	a	DET
ftr-441	971	34	trade	trade	NOUN
ftr-441	971	35	or	or	CCONJ
ftr-441	971	36	business	business	NOUN
ftr-441	971	37	in	in	ADP
ftr-441	971	38	the	the	DET
ftr-441	971	39	united	united	PROPN
ftr-441	971	40	states,'33	states,'33	PROPN
ftr-441	971	41	thereby	thereby	ADV
ftr-441	971	42	creating	create	VERB
ftr-441	971	43	a	a	DET
ftr-441	971	44	trade	trade	NOUN
ftr-441	971	45	or	or	CCONJ
ftr-441	971	46	business	business	NOUN
ftr-441	971	47	in	in	ADP
ftr-441	971	48	the	the	DET
ftr-441	971	49	united	united	PROPN
ftr-441	971	50	states	states	PROPN
ftr-441	971	51	for	for	ADP
ftr-441	971	52	the	the	DET
ftr-441	971	53	foreigner	foreigner	NOUN
ftr-441	971	54	and	and	CCONJ
ftr-441	971	55	serving	serve	VERB
ftr-441	971	56	as	as	ADP
ftr-441	971	57	a	a	DET
ftr-441	971	58	basis	basis	NOUN
ftr-441	971	59	for	for	ADP
ftr-441	971	60	taxing	tax	VERB
ftr-441	971	61	the	the	DET
ftr-441	971	62	foreign	foreign	ADJ
ftr-441	971	63	person	person	NOUN
ftr-441	971	64	on	on	ADP
ftr-441	971	65	the	the	DET
ftr-441	971	66	u.s	u.s	PROPN
ftr-441	971	67	.	.	PROPN
ftr-441	971	68	profits	profit	NOUN
ftr-441	971	69	of	of	ADP
ftr-441	971	70	the	the	DET
ftr-441	971	71	enterprise	enterprise	NOUN
ftr-441	971	72	,	,	PUNCT
ftr-441	971	73	would	would	AUX
ftr-441	971	74	add	add	VERB
ftr-441	971	75	complexity	complexity	NOUN
ftr-441	971	76	to	to	ADP
ftr-441	971	77	the	the	DET
ftr-441	971	78	spbf	spbf	ADJ
ftr-441	971	79	structure	structure	NOUN
ftr-441	971	80	.	.	PUNCT
ftr-441	972	1	there	there	PRON
ftr-441	972	2	would	would	AUX
ftr-441	972	3	also	also	ADV
ftr-441	972	4	be	be	AUX
ftr-441	972	5	the	the	DET
ftr-441	972	6	administrative	administrative	ADJ
ftr-441	972	7	problem	problem	NOUN
ftr-441	972	8	of	of	ADP
ftr-441	972	9	collecting	collect	VERB
ftr-441	972	10	any	any	DET
ftr-441	972	11	resulting	result	VERB
ftr-441	972	12	tax	tax	NOUN
ftr-441	972	13	on	on	ADP
ftr-441	972	14	undistributed	undistributed	ADJ
ftr-441	972	15	income	income	NOUN
ftr-441	972	16	from	from	ADP
ftr-441	972	17	the	the	DET
ftr-441	972	18	foreign	foreign	ADJ
ftr-441	972	19	person	person	NOUN
ftr-441	972	20	.	.	PUNCT
ftr-441	973	1	"l	"l	VERB
ftr-441	973	2	in	in	ADP
ftr-441	973	3	addition	addition	NOUN
ftr-441	973	4	,	,	PUNCT
ftr-441	973	5	the	the	DET
ftr-441	973	6	business	business	NOUN
ftr-441	973	7	necessity	necessity	NOUN
ftr-441	973	8	of	of	ADP
ftr-441	973	9	discussion	discussion	NOUN
ftr-441	973	10	of	of	ADP
ftr-441	973	11	this	this	DET
ftr-441	973	12	issue	issue	NOUN
ftr-441	973	13	,	,	PUNCT
ftr-441	973	14	see	see	VERB
ftr-441	973	15	john	john	PROPN
ftr-441	973	16	copeland	copeland	PROPN
ftr-441	973	17	&	&	CCONJ
ftr-441	973	18	gabriel	gabriel	PROPN
ftr-441	973	19	rudney	rudney	PROPN
ftr-441	973	20	,	,	PUNCT
ftr-441	973	21	business	business	NOUN
ftr-441	973	22	income	income	NOUN
ftr-441	973	23	of	of	ADP
ftr-441	973	24	nonprofits	nonprofit	NOUN
ftr-441	973	25	and	and	CCONJ
ftr-441	973	26	competitive	competitive	ADJ
ftr-441	973	27	advantage	advantage	NOUN
ftr-441	973	28	,	,	PUNCT
ftr-441	973	29	33	33	NUM
ftr-441	973	30	tax	tax	NOUN
ftr-441	973	31	notes	note	NOUN
ftr-441	973	32	747	747	NUM
ftr-441	973	33	,	,	PUNCT
ftr-441	973	34	752	752	NUM
ftr-441	973	35	-	-	SYM
ftr-441	973	36	53	53	NUM
ftr-441	973	37	(	(	PUNCT
ftr-441	973	38	1986	1986	NUM
ftr-441	973	39	)	)	PUNCT
ftr-441	973	40	;	;	PUNCT
ftr-441	973	41	thomas	thomas	PROPN
ftr-441	973	42	a.	a.	PROPN
ftr-441	973	43	troyer	troyer	PROPN
ftr-441	973	44	,	,	PUNCT
ftr-441	973	45	changing	change	VERB
ftr-441	973	46	ubit	ubit	NOUN
ftr-441	973	47	:	:	PUNCT
ftr-441	973	48	congress	congress	PROPN
ftr-441	973	49	in	in	ADP
ftr-441	973	50	the	the	DET
ftr-441	973	51	workshop	workshop	NOUN
ftr-441	973	52	,	,	PUNCT
ftr-441	973	53	41	41	NUM
ftr-441	973	54	tax	tax	NOUN
ftr-441	973	55	notes	note	NOUN
ftr-441	973	56	1221	1221	NUM
ftr-441	973	57	,	,	PUNCT
ftr-441	973	58	1224	1224	NUM
ftr-441	973	59	(	(	PUNCT
ftr-441	973	60	1988	1988	NUM
ftr-441	973	61	)	)	PUNCT
ftr-441	973	62	.	.	PUNCT
ftr-441	974	1	129	129	NUM
ftr-441	974	2	.	.	PUNCT
ftr-441	975	1	the	the	DET
ftr-441	975	2	charities	charity	NOUN
ftr-441	975	3	reporting	report	VERB
ftr-441	975	4	unrelated	unrelated	ADJ
ftr-441	975	5	business	business	NOUN
ftr-441	975	6	income	income	NOUN
ftr-441	975	7	or	or	CCONJ
ftr-441	975	8	loss	loss	NOUN
ftr-441	975	9	are	be	AUX
ftr-441	975	10	,	,	PUNCT
ftr-441	975	11	of	of	ADP
ftr-441	975	12	course	course	NOUN
ftr-441	975	13	,	,	PUNCT
ftr-441	975	14	just	just	ADV
ftr-441	975	15	a	a	DET
ftr-441	975	16	small	small	ADJ
ftr-441	975	17	fraction	fraction	NOUN
ftr-441	975	18	of	of	ADP
ftr-441	975	19	the	the	DET
ftr-441	975	20	roughly	roughly	ADV
ftr-441	975	21	500,000	500,000	NUM
ftr-441	975	22	nonprofit	nonprofit	ADJ
ftr-441	975	23	charitable	charitable	ADJ
ftr-441	975	24	organizations	organization	NOUN
ftr-441	975	25	recognized	recognize	VERB
ftr-441	975	26	by	by	ADP
ftr-441	975	27	the	the	DET
ftr-441	975	28	irs	irs	PROPN
ftr-441	975	29	under	under	ADP
ftr-441	975	30	§	§	PROPN
ftr-441	975	31	501(c)(3	501(c)(3	NUM
ftr-441	975	32	)	)	PUNCT
ftr-441	975	33	.	.	PUNCT
ftr-441	976	1	but	but	CCONJ
ftr-441	976	2	the	the	DET
ftr-441	976	3	tax	tax	NOUN
ftr-441	976	4	profile	profile	NOUN
ftr-441	976	5	of	of	ADP
ftr-441	976	6	that	that	DET
ftr-441	976	7	small	small	ADJ
ftr-441	976	8	subset	subset	NOUN
ftr-441	976	9	of	of	ADP
ftr-441	976	10	charities	charity	NOUN
ftr-441	976	11	is	be	AUX
ftr-441	976	12	very	very	ADV
ftr-441	976	13	relevant	relevant	ADJ
ftr-441	976	14	to	to	ADP
ftr-441	976	15	this	this	DET
ftr-441	976	16	analysis	analysis	NOUN
ftr-441	976	17	.	.	PUNCT
ftr-441	977	1	the	the	DET
ftr-441	977	2	most	most	ADV
ftr-441	977	3	likely	likely	ADJ
ftr-441	977	4	charities	charity	NOUN
ftr-441	977	5	to	to	PART
ftr-441	977	6	own	own	VERB
ftr-441	977	7	an	an	DET
ftr-441	977	8	spbf	spbf	NOUN
ftr-441	977	9	in	in	ADP
ftr-441	977	10	the	the	DET
ftr-441	977	11	future	future	NOUN
ftr-441	977	12	,	,	PUNCT
ftr-441	977	13	if	if	SCONJ
ftr-441	977	14	the	the	DET
ftr-441	977	15	rules	rule	NOUN
ftr-441	977	16	allow	allow	VERB
ftr-441	977	17	it	it	PRON
ftr-441	977	18	,	,	PUNCT
ftr-441	977	19	are	be	AUX
ftr-441	977	20	those	those	PRON
ftr-441	977	21	that	that	PRON
ftr-441	977	22	have	have	AUX
ftr-441	977	23	previously	previously	ADV
ftr-441	977	24	served	serve	VERB
ftr-441	977	25	as	as	ADP
ftr-441	977	26	partners	partner	NOUN
ftr-441	977	27	in	in	ADP
ftr-441	977	28	partnerships	partnership	NOUN
ftr-441	977	29	,	,	PUNCT
ftr-441	977	30	and	and	CCONJ
ftr-441	977	31	therefore	therefore	ADV
ftr-441	977	32	have	have	AUX
ftr-441	977	33	received	receive	VERB
ftr-441	977	34	and	and	CCONJ
ftr-441	977	35	reported	report	VERB
ftr-441	977	36	unrelated	unrelated	ADJ
ftr-441	977	37	business	business	NOUN
ftr-441	977	38	income	income	NOUN
ftr-441	977	39	.	.	PUNCT
ftr-441	978	1	130	130	NUM
ftr-441	978	2	.	.	PUNCT
ftr-441	979	1	see	see	VERB
ftr-441	979	2	table	table	NOUN
ftr-441	979	3	4	4	NUM
ftr-441	979	4	,	,	PUNCT
ftr-441	979	5	cols	col	NOUN
ftr-441	979	6	.	.	PUNCT
ftr-441	980	1	(	(	PUNCT
ftr-441	980	2	8)	8)	NUM
ftr-441	980	3	and	and	CCONJ
ftr-441	980	4	(	(	PUNCT
ftr-441	980	5	10	10	NUM
ftr-441	980	6	)	)	PUNCT
ftr-441	980	7	,	,	PUNCT
ftr-441	980	8	compare	compare	VERB
ftr-441	980	9	lines	line	NOUN
ftr-441	980	10	1	1	NUM
ftr-441	980	11	and	and	CCONJ
ftr-441	980	12	2	2	NUM
ftr-441	980	13	;	;	PUNCT
ftr-441	980	14	table	table	NOUN
ftr-441	980	15	5	5	NUM
ftr-441	980	16	,	,	PUNCT
ftr-441	980	17	col	col	PROPN
ftr-441	980	18	.	.	PROPN
ftr-441	980	19	(	(	PUNCT
ftr-441	980	20	6	6	NUM
ftr-441	980	21	)	)	PUNCT
ftr-441	980	22	,	,	PUNCT
ftr-441	980	23	compare	compare	VERB
ftr-441	980	24	lines	line	NOUN
ftr-441	980	25	1	1	NUM
ftr-441	980	26	and	and	CCONJ
ftr-441	980	27	2	2	NUM
ftr-441	980	28	.	.	NOUN
ftr-441	980	29	131	131	NUM
ftr-441	980	30	.	.	PUNCT
ftr-441	981	1	see	see	VERB
ftr-441	981	2	table	table	NOUN
ftr-441	981	3	4	4	NUM
ftr-441	981	4	,	,	PUNCT
ftr-441	981	5	col	col	PROPN
ftr-441	981	6	.	.	PROPN
ftr-441	981	7	(	(	PUNCT
ftr-441	981	8	2	2	NUM
ftr-441	981	9	)	)	PUNCT
ftr-441	981	10	,	,	PUNCT
ftr-441	981	11	line	line	NOUN
ftr-441	981	12	2	2	NUM
ftr-441	981	13	.	.	NUM
ftr-441	981	14	132	132	NUM
ftr-441	981	15	.	.	PUNCT
ftr-441	982	1	only	only	ADV
ftr-441	982	2	2,690	2,690	NUM
ftr-441	982	3	exempt	exempt	ADJ
ftr-441	982	4	organizations	organization	NOUN
ftr-441	982	5	out	out	ADP
ftr-441	982	6	of	of	ADP
ftr-441	982	7	the	the	DET
ftr-441	982	8	32,638	32,638	NUM
ftr-441	982	9	reporting	report	VERB
ftr-441	982	10	any	any	DET
ftr-441	982	11	unrelated	unrelated	ADJ
ftr-441	982	12	business	business	NOUN
ftr-441	982	13	activities	activity	NOUN
ftr-441	982	14	in	in	ADP
ftr-441	982	15	1993	1993	NUM
ftr-441	982	16	,	,	PUNCT
ftr-441	982	17	about	about	ADV
ftr-441	982	18	8	8	NUM
ftr-441	982	19	%	%	NOUN
ftr-441	982	20	,	,	PUNCT
ftr-441	982	21	reported	report	VERB
ftr-441	982	22	income	income	NOUN
ftr-441	982	23	or	or	CCONJ
ftr-441	982	24	loss	loss	NOUN
ftr-441	982	25	from	from	ADP
ftr-441	982	26	partnerships	partnership	NOUN
ftr-441	982	27	.	.	PUNCT
ftr-441	983	1	see	see	VERB
ftr-441	983	2	riley	riley	PROPN
ftr-441	983	3	,	,	PUNCT
ftr-441	983	4	supra	supra	PROPN
ftr-441	983	5	note	note	PROPN
ftr-441	983	6	127	127	NUM
ftr-441	983	7	,	,	PUNCT
ftr-441	983	8	at	at	ADP
ftr-441	983	9	95	95	NUM
ftr-441	983	10	(	(	PUNCT
ftr-441	983	11	table	table	NOUN
ftr-441	983	12	6	6	NUM
ftr-441	983	13	,	,	PUNCT
ftr-441	983	14	col	col	X
ftr-441	983	15	(	(	PUNCT
ftr-441	983	16	11	11	NUM
ftr-441	983	17	)	)	PUNCT
ftr-441	983	18	)	)	PUNCT
ftr-441	983	19	.	.	PUNCT
ftr-441	984	1	133	133	NUM
ftr-441	984	2	.	.	PUNCT
ftr-441	985	1	irc	irc	PROPN
ftr-441	985	2	§	§	PROPN
ftr-441	985	3	875(1	875(1	NUM
ftr-441	985	4	)	)	PUNCT
ftr-441	985	5	and	and	CCONJ
ftr-441	985	6	(	(	PUNCT
ftr-441	985	7	2	2	NUM
ftr-441	985	8	)	)	PUNCT
ftr-441	985	9	.	.	PUNCT
ftr-441	986	1	134	134	NUM
ftr-441	986	2	.	.	PUNCT
ftr-441	986	3	section	section	NOUN
ftr-441	986	4	1446(a	1446(a	NOUN
ftr-441	986	5	)	)	PUNCT
ftr-441	986	6	requires	require	VERB
ftr-441	986	7	a	a	DET
ftr-441	986	8	partnership	partnership	NOUN
ftr-441	986	9	with	with	ADP
ftr-441	986	10	effectively	effectively	ADV
ftr-441	986	11	connected	connect	VERB
ftr-441	986	12	income	income	NOUN
ftr-441	986	13	and	and	CCONJ
ftr-441	986	14	a	a	DET
ftr-441	986	15	foreign	foreign	ADJ
ftr-441	986	16	partner	partner	NOUN
ftr-441	986	17	to	to	PART
ftr-441	986	18	pay	pay	VERB
ftr-441	986	19	a	a	DET
ftr-441	986	20	withholding	withholding	NOUN
ftr-441	986	21	tax	tax	NOUN
ftr-441	986	22	on	on	ADP
ftr-441	986	23	the	the	DET
ftr-441	986	24	portion	portion	NOUN
ftr-441	986	25	of	of	ADP
ftr-441	986	26	such	such	ADJ
ftr-441	986	27	income	income	NOUN
ftr-441	986	28	allocable	allocable	ADJ
ftr-441	986	29	to	to	ADP
ftr-441	986	30	the	the	DET
ftr-441	986	31	foreign	foreign	ADJ
ftr-441	986	32	partner	partner	NOUN
ftr-441	986	33	.	.	PUNCT
ftr-441	987	1	the	the	DET
ftr-441	987	2	withholding	withholding	NOUN
ftr-441	987	3	tax	tax	NOUN
ftr-441	987	4	obligation	obligation	NOUN
ftr-441	987	5	arises	arise	VERB
ftr-441	987	6	regardless	regardless	ADV
ftr-441	987	7	of	of	ADP
ftr-441	987	8	whether	whether	SCONJ
ftr-441	987	9	there	there	PRON
ftr-441	987	10	is	be	VERB
ftr-441	987	11	any	any	DET
ftr-441	987	12	19991	19991	NUM
ftr-441	987	13	florida	florida	PROPN
ftr-441	987	14	tax	tax	NOUN
ftr-441	987	15	review	review	NOUN
ftr-441	987	16	permitting	permit	VERB
ftr-441	987	17	foreigners	foreigner	NOUN
ftr-441	987	18	to	to	PART
ftr-441	987	19	own	own	VERB
ftr-441	987	20	an	an	DET
ftr-441	987	21	spbf	spbf	NOUN
ftr-441	987	22	is	be	AUX
ftr-441	987	23	not	not	PART
ftr-441	987	24	clear	clear	ADJ
ftr-441	987	25	,	,	PUNCT
ftr-441	987	26	in	in	ADP
ftr-441	987	27	view	view	NOUN
ftr-441	987	28	of	of	ADP
ftr-441	987	29	the	the	DET
ftr-441	987	30	alternative	alternative	NOUN
ftr-441	987	31	means	mean	VERB
ftr-441	987	32	available	available	ADJ
ftr-441	987	33	to	to	PART
ftr-441	987	34	accomplish	accomplish	VERB
ftr-441	987	35	that	that	DET
ftr-441	987	36	investment	investment	NOUN
ftr-441	987	37	objective	objective	NOUN
ftr-441	987	38	.	.	PUNCT
ftr-441	988	1	'35	'35	NUM
ftr-441	988	2	finally	finally	ADV
ftr-441	988	3	,	,	PUNCT
ftr-441	988	4	a	a	DET
ftr-441	988	5	foreigner	foreigner	NOUN
ftr-441	988	6	who	who	PRON
ftr-441	988	7	is	be	AUX
ftr-441	988	8	in	in	ADP
ftr-441	988	9	a	a	DET
ftr-441	988	10	low	low	ADJ
ftr-441	988	11	u.s	u.s	PROPN
ftr-441	988	12	.	.	PROPN
ftr-441	988	13	income	income	NOUN
ftr-441	988	14	tax	tax	NOUN
ftr-441	988	15	bracket	bracket	NOUN
ftr-441	988	16	may	may	AUX
ftr-441	988	17	nevertheless	nevertheless	ADV
ftr-441	988	18	be	be	AUX
ftr-441	988	19	a	a	DET
ftr-441	988	20	"	"	PUNCT
ftr-441	988	21	high	high	ADJ
ftr-441	988	22	-	-	PUNCT
ftr-441	988	23	bracket	bracket	NOUN
ftr-441	988	24	"	"	PUNCT
ftr-441	988	25	taxpayer	taxpayer	NOUN
ftr-441	988	26	if	if	SCONJ
ftr-441	988	27	worldwide	worldwide	ADJ
ftr-441	988	28	income	income	NOUN
ftr-441	988	29	is	be	AUX
ftr-441	988	30	considered	consider	VERB
ftr-441	988	31	,	,	PUNCT
ftr-441	988	32	in	in	ADP
ftr-441	988	33	which	which	DET
ftr-441	988	34	case	case	NOUN
ftr-441	988	35	assumptions	assumption	VERB
ftr-441	988	36	regarding	regard	VERB
ftr-441	988	37	the	the	DET
ftr-441	988	38	lack	lack	NOUN
ftr-441	988	39	of	of	ADP
ftr-441	988	40	financial	financial	ADJ
ftr-441	988	41	sophistication	sophistication	NOUN
ftr-441	988	42	of	of	ADP
ftr-441	988	43	such	such	DET
ftr-441	988	44	a	a	DET
ftr-441	988	45	taxpayer	taxpayer	NOUN
ftr-441	988	46	would	would	AUX
ftr-441	988	47	be	be	AUX
ftr-441	988	48	inapplicable	inapplicable	ADJ
ftr-441	988	49	.	.	PUNCT
ftr-441	989	1	for	for	ADP
ftr-441	989	2	these	these	DET
ftr-441	989	3	reasons	reason	NOUN
ftr-441	989	4	,	,	PUNCT
ftr-441	989	5	as	as	SCONJ
ftr-441	989	6	is	be	AUX
ftr-441	989	7	true	true	ADJ
ftr-441	989	8	for	for	ADP
ftr-441	989	9	existing	exist	VERB
ftr-441	989	10	subchapter	subchapter	NOUN
ftr-441	989	11	s	s	PART
ftr-441	989	12	,	,	PUNCT
ftr-441	989	13	nonresident	nonresident	ADJ
ftr-441	989	14	aliens	alien	NOUN
ftr-441	989	15	are	be	AUX
ftr-441	989	16	excluded	exclude	VERB
ftr-441	989	17	as	as	ADP
ftr-441	989	18	eligible	eligible	ADJ
ftr-441	989	19	owners	owner	NOUN
ftr-441	989	20	of	of	ADP
ftr-441	989	21	an	an	DET
ftr-441	989	22	spbf	spbf	NOUN
ftr-441	989	23	.	.	PUNCT
ftr-441	990	1	'36	'36	NUM
ftr-441	990	2	d.	d.	PROPN
ftr-441	990	3	summary.-in	summary.-in	PROPN
ftr-441	990	4	summary	summary	NOUN
ftr-441	990	5	,	,	PUNCT
ftr-441	990	6	individuals	individual	NOUN
ftr-441	990	7	other	other	ADJ
ftr-441	990	8	than	than	ADP
ftr-441	990	9	nonresident	nonresident	ADJ
ftr-441	990	10	aliens	alien	NOUN
ftr-441	990	11	may	may	AUX
ftr-441	990	12	be	be	AUX
ftr-441	990	13	owners	owner	NOUN
ftr-441	990	14	of	of	ADP
ftr-441	990	15	an	an	DET
ftr-441	990	16	spbf	spbf	NOUN
ftr-441	990	17	.	.	PUNCT
ftr-441	991	1	the	the	DET
ftr-441	991	2	only	only	ADJ
ftr-441	991	3	other	other	ADJ
ftr-441	991	4	permissible	permissible	ADJ
ftr-441	991	5	owners	owner	NOUN
ftr-441	991	6	are	be	AUX
ftr-441	991	7	estates	estate	NOUN
ftr-441	991	8	,	,	PUNCT
ftr-441	991	9	trusts	trust	VERB
ftr-441	991	10	that	that	PRON
ftr-441	991	11	are	be	AUX
ftr-441	991	12	allowed	allow	VERB
ftr-441	991	13	to	to	PART
ftr-441	991	14	be	be	AUX
ftr-441	991	15	shareholders	shareholder	NOUN
ftr-441	991	16	of	of	ADP
ftr-441	991	17	an	an	DET
ftr-441	991	18	s	s	NOUN
ftr-441	991	19	corporation	corporation	NOUN
ftr-441	991	20	under	under	ADP
ftr-441	991	21	current	current	ADJ
ftr-441	991	22	law	law	NOUN
ftr-441	991	23	,	,	PUNCT
ftr-441	991	24	and	and	CCONJ
ftr-441	991	25	other	other	ADJ
ftr-441	991	26	spbf	spbf	ADJ
ftr-441	991	27	firms	firm	NOUN
ftr-441	991	28	.	.	PUNCT
ftr-441	992	1	public	public	ADJ
ftr-441	992	2	firms	firm	NOUN
ftr-441	992	3	taxed	tax	VERB
ftr-441	992	4	under	under	ADP
ftr-441	992	5	subchapter	subchapter	NOUN
ftr-441	992	6	c	c	NOUN
ftr-441	992	7	may	may	AUX
ftr-441	992	8	not	not	PART
ftr-441	992	9	be	be	AUX
ftr-441	992	10	owners	owner	NOUN
ftr-441	992	11	of	of	ADP
ftr-441	992	12	an	an	DET
ftr-441	992	13	spbf	spbf	NOUN
ftr-441	992	14	.	.	PUNCT
ftr-441	993	1	2	2	X
ftr-441	993	2	.	.	X
ftr-441	993	3	only	only	ADV
ftr-441	993	4	one	one	NUM
ftr-441	993	5	class	class	NOUN
ftr-441	993	6	of	of	ADP
ftr-441	993	7	residual	residual	ADJ
ftr-441	993	8	ownership	ownership	NOUN
ftr-441	993	9	interests.-although	interests.-although	VERB
ftr-441	993	10	the	the	DET
ftr-441	993	11	ownership	ownership	NOUN
ftr-441	993	12	restrictions	restriction	NOUN
ftr-441	993	13	for	for	ADP
ftr-441	993	14	an	an	DET
ftr-441	993	15	spbf	spbf	NOUN
ftr-441	993	16	are	be	AUX
ftr-441	993	17	designed	design	VERB
ftr-441	993	18	to	to	PART
ftr-441	993	19	insure	insure	VERB
ftr-441	993	20	that	that	SCONJ
ftr-441	993	21	most	most	ADJ
ftr-441	993	22	owners	owner	NOUN
ftr-441	993	23	have	have	VERB
ftr-441	993	24	roughly	roughly	ADV
ftr-441	993	25	the	the	DET
ftr-441	993	26	same	same	ADJ
ftr-441	993	27	tax	tax	NOUN
ftr-441	993	28	profile	profile	NOUN
ftr-441	993	29	and	and	CCONJ
ftr-441	993	30	therefore	therefore	ADV
ftr-441	993	31	can	can	AUX
ftr-441	993	32	not	not	PART
ftr-441	993	33	easily	easily	ADV
ftr-441	993	34	benefit	benefit	VERB
ftr-441	993	35	from	from	ADP
ftr-441	993	36	income	income	NOUN
ftr-441	993	37	and	and	CCONJ
ftr-441	993	38	loss	loss	NOUN
ftr-441	993	39	shifts	shift	NOUN
ftr-441	993	40	between	between	ADP
ftr-441	993	41	one	one	NUM
ftr-441	993	42	another	another	DET
ftr-441	993	43	,	,	PUNCT
ftr-441	993	44	such	such	ADJ
ftr-441	993	45	rules	rule	NOUN
ftr-441	993	46	are	be	AUX
ftr-441	993	47	not	not	PART
ftr-441	993	48	effective	effective	ADJ
ftr-441	993	49	at	at	ADP
ftr-441	993	50	precluding	preclude	VERB
ftr-441	993	51	strategic	strategic	ADJ
ftr-441	993	52	shifts	shift	NOUN
ftr-441	993	53	of	of	ADP
ftr-441	993	54	categories	category	NOUN
ftr-441	993	55	of	of	ADP
ftr-441	993	56	income	income	NOUN
ftr-441	993	57	and	and	CCONJ
ftr-441	993	58	loss	loss	NOUN
ftr-441	993	59	and	and	CCONJ
ftr-441	993	60	other	other	ADJ
ftr-441	993	61	tax	tax	NOUN
ftr-441	993	62	items	item	NOUN
ftr-441	993	63	.	.	PUNCT
ftr-441	994	1	for	for	ADP
ftr-441	994	2	example	example	NOUN
ftr-441	994	3	,	,	PUNCT
ftr-441	994	4	two	two	NUM
ftr-441	994	5	high	high	ADJ
ftr-441	994	6	-	-	PUNCT
ftr-441	994	7	bracket	bracket	NOUN
ftr-441	994	8	owners	owner	NOUN
ftr-441	994	9	would	would	AUX
ftr-441	994	10	not	not	PART
ftr-441	994	11	ordinarily	ordinarily	ADV
ftr-441	994	12	benefit	benefit	VERB
ftr-441	994	13	from	from	ADP
ftr-441	994	14	shifting	shift	VERB
ftr-441	994	15	ordinary	ordinary	ADJ
ftr-441	994	16	income	income	NOUN
ftr-441	994	17	from	from	ADP
ftr-441	994	18	one	one	NUM
ftr-441	994	19	to	to	ADP
ftr-441	994	20	the	the	DET
ftr-441	994	21	other	other	ADJ
ftr-441	994	22	.	.	PUNCT
ftr-441	995	1	but	but	CCONJ
ftr-441	995	2	if	if	SCONJ
ftr-441	995	3	one	one	NUM
ftr-441	995	4	owner	owner	NOUN
ftr-441	995	5	had	have	VERB
ftr-441	995	6	unused	unused	ADJ
ftr-441	995	7	capital	capital	NOUN
ftr-441	995	8	losses	loss	NOUN
ftr-441	995	9	and	and	CCONJ
ftr-441	995	10	the	the	DET
ftr-441	995	11	other	other	ADJ
ftr-441	995	12	did	do	AUX
ftr-441	995	13	not	not	PART
ftr-441	995	14	,	,	PUNCT
ftr-441	995	15	the	the	DET
ftr-441	995	16	two	two	NUM
ftr-441	995	17	owners	owner	NOUN
ftr-441	995	18	might	might	AUX
ftr-441	995	19	both	both	PRON
ftr-441	995	20	benefit	benefit	VERB
ftr-441	995	21	from	from	ADP
ftr-441	995	22	a	a	DET
ftr-441	995	23	shift	shift	NOUN
ftr-441	995	24	of	of	ADP
ftr-441	995	25	capital	capital	NOUN
ftr-441	995	26	gains	gain	NOUN
ftr-441	995	27	to	to	ADP
ftr-441	995	28	the	the	DET
ftr-441	995	29	owner	owner	NOUN
ftr-441	995	30	with	with	ADP
ftr-441	995	31	the	the	DET
ftr-441	995	32	capital	capital	NOUN
ftr-441	995	33	losses	loss	NOUN
ftr-441	995	34	.	.	PUNCT
ftr-441	996	1	the	the	DET
ftr-441	996	2	availability	availability	NOUN
ftr-441	996	3	of	of	ADP
ftr-441	996	4	strategic	strategic	ADJ
ftr-441	996	5	shifts	shift	NOUN
ftr-441	996	6	involving	involve	VERB
ftr-441	996	7	particular	particular	ADJ
ftr-441	996	8	categories	category	NOUN
ftr-441	996	9	of	of	ADP
ftr-441	996	10	tax	tax	NOUN
ftr-441	996	11	items	item	NOUN
ftr-441	996	12	is	be	AUX
ftr-441	996	13	limited	limited	ADJ
ftr-441	996	14	,	,	PUNCT
ftr-441	996	15	however	however	ADV
ftr-441	996	16	,	,	PUNCT
ftr-441	996	17	if	if	SCONJ
ftr-441	996	18	all	all	DET
ftr-441	996	19	ownership	ownership	NOUN
ftr-441	996	20	interests	interest	NOUN
ftr-441	996	21	of	of	ADP
ftr-441	996	22	an	an	DET
ftr-441	996	23	spbf	spbf	NOUN
ftr-441	996	24	have	have	VERB
ftr-441	996	25	identical	identical	ADJ
ftr-441	996	26	rights	right	NOUN
ftr-441	996	27	to	to	ADP
ftr-441	996	28	income	income	NOUN
ftr-441	996	29	,	,	PUNCT
ftr-441	996	30	loss	loss	NOUN
ftr-441	996	31	,	,	PUNCT
ftr-441	996	32	distributions	distribution	NOUN
ftr-441	996	33	,	,	PUNCT
ftr-441	996	34	and	and	CCONJ
ftr-441	996	35	liquidation	liquidation	NOUN
ftr-441	996	36	proceeds	proceed	NOUN
ftr-441	996	37	of	of	ADP
ftr-441	996	38	the	the	DET
ftr-441	996	39	firm	firm	NOUN
ftr-441	996	40	and	and	CCONJ
ftr-441	996	41	the	the	DET
ftr-441	996	42	allocation	allocation	NOUN
ftr-441	996	43	of	of	ADP
ftr-441	996	44	all	all	DET
ftr-441	996	45	tax	tax	NOUN
ftr-441	996	46	items	item	NOUN
ftr-441	996	47	has	have	VERB
ftr-441	996	48	to	to	PART
ftr-441	996	49	be	be	AUX
ftr-441	996	50	done	do	VERB
ftr-441	996	51	in	in	ADP
ftr-441	996	52	the	the	DET
ftr-441	996	53	same	same	ADJ
ftr-441	996	54	straight	straight	ADJ
ftr-441	996	55	-	-	PUNCT
ftr-441	996	56	up	up	NOUN
ftr-441	996	57	manner	manner	NOUN
ftr-441	996	58	in	in	ADP
ftr-441	996	59	accordance	accordance	NOUN
ftr-441	996	60	with	with	ADP
ftr-441	996	61	the	the	DET
ftr-441	996	62	per	per	ADP
ftr-441	996	63	-	-	PUNCT
ftr-441	996	64	day	day	NOUN
ftr-441	996	65	,	,	PUNCT
ftr-441	996	66	per	per	ADP
ftr-441	996	67	-	-	PUNCT
ftr-441	996	68	interest	interest	NOUN
ftr-441	996	69	share	share	NOUN
ftr-441	996	70	of	of	ADP
ftr-441	996	71	each	each	DET
ftr-441	996	72	owner	owner	NOUN
ftr-441	996	73	.	.	PUNCT
ftr-441	997	1	"	"	PUNCT
ftr-441	997	2	'	'	PUNCT
ftr-441	997	3	in	in	ADP
ftr-441	997	4	effect	effect	NOUN
ftr-441	997	5	,	,	PUNCT
ftr-441	997	6	such	such	DET
ftr-441	997	7	a	a	DET
ftr-441	997	8	rule	rule	NOUN
ftr-441	997	9	eliminates	eliminate	VERB
ftr-441	997	10	the	the	DET
ftr-441	997	11	possibility	possibility	NOUN
ftr-441	997	12	of	of	ADP
ftr-441	997	13	item	item	NOUN
ftr-441	997	14	allocations	allocation	NOUN
ftr-441	997	15	.	.	PUNCT
ftr-441	998	1	all	all	DET
ftr-441	998	2	tax	tax	NOUN
ftr-441	998	3	items	item	NOUN
ftr-441	998	4	would	would	AUX
ftr-441	998	5	have	have	VERB
ftr-441	998	6	to	to	PART
ftr-441	998	7	be	be	AUX
ftr-441	998	8	allocated	allocate	VERB
ftr-441	998	9	in	in	ADP
ftr-441	998	10	the	the	DET
ftr-441	998	11	same	same	ADJ
ftr-441	998	12	way	way	NOUN
ftr-441	998	13	.	.	PUNCT
ftr-441	999	1	thus	thus	ADV
ftr-441	999	2	,	,	PUNCT
ftr-441	999	3	a	a	DET
ftr-441	999	4	one	one	NUM
ftr-441	999	5	-	-	PUNCT
ftr-441	999	6	class	class	NOUN
ftr-441	999	7	-	-	PUNCT
ftr-441	999	8	ofownership	ofownership	NOUN
ftr-441	999	9	-	-	PUNCT
ftr-441	999	10	interest	interest	NOUN
ftr-441	999	11	rule	rule	NOUN
ftr-441	999	12	may	may	AUX
ftr-441	999	13	be	be	AUX
ftr-441	999	14	a	a	DET
ftr-441	999	15	useful	useful	ADJ
ftr-441	999	16	complement	complement	NOUN
ftr-441	999	17	to	to	ADP
ftr-441	999	18	the	the	DET
ftr-441	999	19	ownership	ownership	NOUN
ftr-441	999	20	restrictions	restriction	NOUN
ftr-441	999	21	of	of	ADP
ftr-441	999	22	an	an	DET
ftr-441	999	23	spbf	spbf	NOUN
ftr-441	999	24	to	to	PART
ftr-441	999	25	restrict	restrict	VERB
ftr-441	999	26	the	the	DET
ftr-441	999	27	availability	availability	NOUN
ftr-441	999	28	of	of	ADP
ftr-441	999	29	shifting	shift	VERB
ftr-441	999	30	strategies	strategy	NOUN
ftr-441	999	31	within	within	ADP
ftr-441	999	32	an	an	DET
ftr-441	999	33	spbf	spbf	NOUN
ftr-441	999	34	.	.	PUNCT
ftr-441	1000	1	another	another	DET
ftr-441	1000	2	reason	reason	NOUN
ftr-441	1000	3	to	to	PART
ftr-441	1000	4	include	include	VERB
ftr-441	1000	5	such	such	DET
ftr-441	1000	6	a	a	DET
ftr-441	1000	7	requirement	requirement	NOUN
ftr-441	1000	8	is	be	AUX
ftr-441	1000	9	to	to	PART
ftr-441	1000	10	reduce	reduce	VERB
ftr-441	1000	11	the	the	DET
ftr-441	1000	12	complexity	complexity	NOUN
ftr-441	1000	13	of	of	ADP
ftr-441	1000	14	the	the	DET
ftr-441	1000	15	spbf	spbf	ADJ
ftr-441	1000	16	operating	operating	NOUN
ftr-441	1000	17	rules	rule	NOUN
ftr-441	1000	18	.	.	PUNCT
ftr-441	1001	1	the	the	DET
ftr-441	1001	2	one	one	NUM
ftr-441	1001	3	-	-	PUNCT
ftr-441	1001	4	class	class	NOUN
ftr-441	1001	5	-	-	PUNCT
ftr-441	1001	6	of	of	ADP
ftr-441	1001	7	-	-	PUNCT
ftr-441	1001	8	stock	stock	NOUN
ftr-441	1001	9	rule	rule	NOUN
ftr-441	1001	10	in	in	ADP
ftr-441	1001	11	the	the	DET
ftr-441	1001	12	distribution	distribution	NOUN
ftr-441	1001	13	to	to	ADP
ftr-441	1001	14	the	the	DET
ftr-441	1001	15	foreign	foreign	ADJ
ftr-441	1001	16	partner	partner	NOUN
ftr-441	1001	17	and	and	CCONJ
ftr-441	1001	18	whether	whether	SCONJ
ftr-441	1001	19	the	the	DET
ftr-441	1001	20	partnership	partnership	NOUN
ftr-441	1001	21	's	's	PART
ftr-441	1001	22	income	income	NOUN
ftr-441	1001	23	is	be	AUX
ftr-441	1001	24	reflected	reflect	VERB
ftr-441	1001	25	in	in	ADP
ftr-441	1001	26	cash	cash	NOUN
ftr-441	1001	27	.	.	PUNCT
ftr-441	1002	1	the	the	DET
ftr-441	1002	2	provision	provision	NOUN
ftr-441	1002	3	,	,	PUNCT
ftr-441	1002	4	enacted	enact	VERB
ftr-441	1002	5	in	in	ADP
ftr-441	1002	6	1986	1986	NUM
ftr-441	1002	7	,	,	PUNCT
ftr-441	1002	8	requires	require	VERB
ftr-441	1002	9	the	the	DET
ftr-441	1002	10	tax	tax	NOUN
ftr-441	1002	11	to	to	PART
ftr-441	1002	12	be	be	AUX
ftr-441	1002	13	paid	pay	VERB
ftr-441	1002	14	in	in	ADP
ftr-441	1002	15	accordance	accordance	NOUN
ftr-441	1002	16	with	with	ADP
ftr-441	1002	17	treasury	treasury	NOUN
ftr-441	1002	18	regulations	regulation	NOUN
ftr-441	1002	19	,	,	PUNCT
ftr-441	1002	20	which	which	PRON
ftr-441	1002	21	to	to	ADP
ftr-441	1002	22	date	date	NOUN
ftr-441	1002	23	,	,	PUNCT
ftr-441	1002	24	have	have	AUX
ftr-441	1002	25	not	not	PART
ftr-441	1002	26	been	be	AUX
ftr-441	1002	27	issued	issue	VERB
ftr-441	1002	28	.	.	PUNCT
ftr-441	1003	1	135	135	NUM
ftr-441	1003	2	.	.	PUNCT
ftr-441	1004	1	see	see	VERB
ftr-441	1004	2	supra	supra	PROPN
ftr-441	1004	3	note	note	PROPN
ftr-441	1004	4	121	121	NUM
ftr-441	1004	5	and	and	CCONJ
ftr-441	1004	6	accompanying	accompany	VERB
ftr-441	1004	7	text	text	NOUN
ftr-441	1004	8	.	.	PUNCT
ftr-441	1005	1	136	136	NUM
ftr-441	1005	2	.	.	PUNCT
ftr-441	1006	1	a	a	DET
ftr-441	1006	2	proposal	proposal	NOUN
ftr-441	1006	3	to	to	PART
ftr-441	1006	4	make	make	VERB
ftr-441	1006	5	them	they	PRON
ftr-441	1006	6	eligible	eligible	ADJ
ftr-441	1006	7	was	be	AUX
ftr-441	1006	8	not	not	PART
ftr-441	1006	9	included	include	VERB
ftr-441	1006	10	in	in	ADP
ftr-441	1006	11	the	the	DET
ftr-441	1006	12	small	small	ADJ
ftr-441	1006	13	business	business	NOUN
ftr-441	1006	14	job	job	NOUN
ftr-441	1006	15	protection	protection	NOUN
ftr-441	1006	16	act	act	NOUN
ftr-441	1006	17	of	of	ADP
ftr-441	1006	18	1996	1996	NUM
ftr-441	1006	19	.	.	PUNCT
ftr-441	1007	1	137	137	NUM
ftr-441	1007	2	.	.	PUNCT
ftr-441	1008	1	cf	cf	NOUN
ftr-441	1008	2	.	.	PUNCT
ftr-441	1008	3	regs	regs	PROPN
ftr-441	1008	4	.	.	PUNCT
ftr-441	1009	1	§	§	PROPN
ftr-441	1009	2	1.1361	1.1361	NUM
ftr-441	1009	3	-	-	SYM
ftr-441	1009	4	1(0(1	1(0(1	NUM
ftr-441	1009	5	)	)	PUNCT
ftr-441	1009	6	.	.	PUNCT
ftr-441	1010	1	[	[	X
ftr-441	1010	2	vot	vot	X
ftr-441	1010	3	4:3	4:3	NUM
ftr-441	1010	4	the	the	DET
ftr-441	1010	5	future	future	ADJ
ftr-441	1010	6	taxation	taxation	NOUN
ftr-441	1010	7	of	of	ADP
ftr-441	1010	8	private	private	ADJ
ftr-441	1010	9	business	business	NOUN
ftr-441	1010	10	firms	firm	NOUN
ftr-441	1010	11	subchapter	subchapter	NOUN
ftr-441	1010	12	s	s	PART
ftr-441	1010	13	area	area	NOUN
ftr-441	1010	14	has	have	AUX
ftr-441	1010	15	been	be	AUX
ftr-441	1010	16	explained	explain	VERB
ftr-441	1010	17	as	as	ADP
ftr-441	1010	18	"	"	PUNCT
ftr-441	1010	19	prevent[ing	prevent[e	VERB
ftr-441	1010	20	]	]	PUNCT
ftr-441	1010	21	complexities	complexity	NOUN
ftr-441	1010	22	in	in	ADP
ftr-441	1010	23	attributing	attribute	VERB
ftr-441	1010	24	the	the	DET
ftr-441	1010	25	corporate	corporate	ADJ
ftr-441	1010	26	distributions	distribution	NOUN
ftr-441	1010	27	to	to	ADP
ftr-441	1010	28	the	the	DET
ftr-441	1010	29	various	various	ADJ
ftr-441	1010	30	shareholders	shareholder	NOUN
ftr-441	1010	31	.	.	PUNCT
ftr-441	1011	1	"'33	"'33	NOUN
ftr-441	1011	2	,	,	PUNCT
ftr-441	1011	3	those	those	DET
ftr-441	1011	4	complexities	complexity	NOUN
ftr-441	1011	5	certainly	certainly	ADV
ftr-441	1011	6	do	do	AUX
ftr-441	1011	7	exist	exist	VERB
ftr-441	1011	8	in	in	ADP
ftr-441	1011	9	the	the	DET
ftr-441	1011	10	rules	rule	NOUN
ftr-441	1011	11	applied	apply	VERB
ftr-441	1011	12	to	to	ADP
ftr-441	1011	13	partnerships	partnership	NOUN
ftr-441	1011	14	,	,	PUNCT
ftr-441	1011	15	trusts	trust	NOUN
ftr-441	1011	16	and	and	CCONJ
ftr-441	1011	17	consolidated	consolidated	ADJ
ftr-441	1011	18	groups	group	NOUN
ftr-441	1011	19	,	,	PUNCT
ftr-441	1011	20	none	none	NOUN
ftr-441	1011	21	of	of	ADP
ftr-441	1011	22	which	which	PRON
ftr-441	1011	23	imposes	impose	VERB
ftr-441	1011	24	restrictions	restriction	NOUN
ftr-441	1011	25	on	on	ADP
ftr-441	1011	26	ownership	ownership	NOUN
ftr-441	1011	27	classes	class	NOUN
ftr-441	1011	28	.	.	PUNCT
ftr-441	1012	1	as	as	ADP
ftr-441	1012	2	just	just	ADV
ftr-441	1012	3	one	one	NUM
ftr-441	1012	4	example	example	NOUN
ftr-441	1012	5	,	,	PUNCT
ftr-441	1012	6	the	the	DET
ftr-441	1012	7	partnership	partnership	NOUN
ftr-441	1012	8	rules	rule	NOUN
ftr-441	1012	9	contain	contain	VERB
ftr-441	1012	10	strict	strict	ADJ
ftr-441	1012	11	and	and	CCONJ
ftr-441	1012	12	extensive	extensive	ADJ
ftr-441	1012	13	requirements	requirement	NOUN
ftr-441	1012	14	regarding	regard	VERB
ftr-441	1012	15	the	the	DET
ftr-441	1012	16	maintenance	maintenance	NOUN
ftr-441	1012	17	of	of	ADP
ftr-441	1012	18	the	the	DET
ftr-441	1012	19	capital	capital	NOUN
ftr-441	1012	20	accounts	account	NOUN
ftr-441	1012	21	of	of	ADP
ftr-441	1012	22	the	the	DET
ftr-441	1012	23	partners	partner	NOUN
ftr-441	1012	24	in	in	ADP
ftr-441	1012	25	order	order	NOUN
ftr-441	1012	26	to	to	PART
ftr-441	1012	27	validate	validate	VERB
ftr-441	1012	28	the	the	DET
ftr-441	1012	29	special	special	ADJ
ftr-441	1012	30	allocations	allocation	NOUN
ftr-441	1012	31	of	of	ADP
ftr-441	1012	32	the	the	DET
ftr-441	1012	33	partners	partner	NOUN
ftr-441	1012	34	,	,	PUNCT
ftr-441	1012	35	whereas	whereas	SCONJ
ftr-441	1012	36	the	the	DET
ftr-441	1012	37	s	s	NOUN
ftr-441	1012	38	corporation	corporation	NOUN
ftr-441	1012	39	rules	rule	NOUN
ftr-441	1012	40	have	have	VERB
ftr-441	1012	41	no	no	DET
ftr-441	1012	42	comparable	comparable	ADJ
ftr-441	1012	43	requirement	requirement	NOUN
ftr-441	1012	44	.	.	PUNCT
ftr-441	1013	1	in	in	ADP
ftr-441	1013	2	the	the	DET
ftr-441	1013	3	ideal	ideal	NOUN
ftr-441	1013	4	,	,	PUNCT
ftr-441	1013	5	the	the	DET
ftr-441	1013	6	spbf	spbf	ADJ
ftr-441	1013	7	rules	rule	NOUN
ftr-441	1013	8	would	would	AUX
ftr-441	1013	9	not	not	PART
ftr-441	1013	10	require	require	VERB
ftr-441	1013	11	owners	owner	NOUN
ftr-441	1013	12	of	of	ADP
ftr-441	1013	13	the	the	DET
ftr-441	1013	14	firm	firm	NOUN
ftr-441	1013	15	to	to	PART
ftr-441	1013	16	maintain	maintain	VERB
ftr-441	1013	17	capital	capital	NOUN
ftr-441	1013	18	accounts	account	NOUN
ftr-441	1013	19	in	in	ADP
ftr-441	1013	20	any	any	DET
ftr-441	1013	21	particular	particular	ADJ
ftr-441	1013	22	way	way	NOUN
ftr-441	1013	23	.	.	PUNCT
ftr-441	1014	1	on	on	ADP
ftr-441	1014	2	the	the	DET
ftr-441	1014	3	other	other	ADJ
ftr-441	1014	4	hand	hand	NOUN
ftr-441	1014	5	,	,	PUNCT
ftr-441	1014	6	if	if	SCONJ
ftr-441	1014	7	the	the	DET
ftr-441	1014	8	spbf	spbf	ADJ
ftr-441	1014	9	eligibility	eligibility	NOUN
ftr-441	1014	10	conditions	condition	NOUN
ftr-441	1014	11	are	be	AUX
ftr-441	1014	12	too	too	ADV
ftr-441	1014	13	restrictive	restrictive	ADJ
ftr-441	1014	14	,	,	PUNCT
ftr-441	1014	15	they	they	PRON
ftr-441	1014	16	would	would	AUX
ftr-441	1014	17	be	be	AUX
ftr-441	1014	18	contrary	contrary	ADJ
ftr-441	1014	19	to	to	ADP
ftr-441	1014	20	the	the	DET
ftr-441	1014	21	objective	objective	NOUN
ftr-441	1014	22	of	of	ADP
ftr-441	1014	23	providing	provide	VERB
ftr-441	1014	24	a	a	DET
ftr-441	1014	25	simplified	simplified	ADJ
ftr-441	1014	26	rule	rule	NOUN
ftr-441	1014	27	structure	structure	NOUN
ftr-441	1014	28	to	to	ADP
ftr-441	1014	29	as	as	ADV
ftr-441	1014	30	many	many	ADJ
ftr-441	1014	31	private	private	ADJ
ftr-441	1014	32	business	business	NOUN
ftr-441	1014	33	firms	firm	NOUN
ftr-441	1014	34	as	as	ADP
ftr-441	1014	35	possible	possible	ADJ
ftr-441	1014	36	.	.	PUNCT
ftr-441	1015	1	thus	thus	ADV
ftr-441	1015	2	,	,	PUNCT
ftr-441	1015	3	it	it	PRON
ftr-441	1015	4	is	be	AUX
ftr-441	1015	5	not	not	PART
ftr-441	1015	6	clear	clear	ADJ
ftr-441	1015	7	that	that	SCONJ
ftr-441	1015	8	an	an	DET
ftr-441	1015	9	spbf	spbf	NOUN
ftr-441	1015	10	would	would	AUX
ftr-441	1015	11	have	have	VERB
ftr-441	1015	12	to	to	PART
ftr-441	1015	13	have	have	VERB
ftr-441	1015	14	only	only	ADV
ftr-441	1015	15	a	a	DET
ftr-441	1015	16	single	single	ADJ
ftr-441	1015	17	class	class	NOUN
ftr-441	1015	18	of	of	ADP
ftr-441	1015	19	ownership	ownership	NOUN
ftr-441	1015	20	interests	interest	NOUN
ftr-441	1015	21	as	as	SCONJ
ftr-441	1015	22	that	that	DET
ftr-441	1015	23	concept	concept	NOUN
ftr-441	1015	24	is	be	AUX
ftr-441	1015	25	interpreted	interpret	VERB
ftr-441	1015	26	under	under	ADP
ftr-441	1015	27	existing	exist	VERB
ftr-441	1015	28	subchapter	subchapter	NOUN
ftr-441	1015	29	s.	s.	PROPN
ftr-441	1015	30	consider	consider	VERB
ftr-441	1015	31	,	,	PUNCT
ftr-441	1015	32	for	for	ADP
ftr-441	1015	33	example	example	NOUN
ftr-441	1015	34	,	,	PUNCT
ftr-441	1015	35	two	two	NUM
ftr-441	1015	36	taxpayers	taxpayer	NOUN
ftr-441	1015	37	,	,	PUNCT
ftr-441	1015	38	a	a	PRON
ftr-441	1015	39	and	and	CCONJ
ftr-441	1015	40	b	b	NOUN
ftr-441	1015	41	,	,	PUNCT
ftr-441	1015	42	who	who	PRON
ftr-441	1015	43	decide	decide	VERB
ftr-441	1015	44	to	to	PART
ftr-441	1015	45	contribute	contribute	VERB
ftr-441	1015	46	$	$	SYM
ftr-441	1015	47	5,000	5,000	NUM
ftr-441	1015	48	each	each	PRON
ftr-441	1015	49	to	to	ADP
ftr-441	1015	50	a	a	DET
ftr-441	1015	51	common	common	ADJ
ftr-441	1015	52	business	business	NOUN
ftr-441	1015	53	venture	venture	NOUN
ftr-441	1015	54	.	.	PUNCT
ftr-441	1016	1	a	a	DET
ftr-441	1016	2	would	would	AUX
ftr-441	1016	3	like	like	VERB
ftr-441	1016	4	a	a	DET
ftr-441	1016	5	relatively	relatively	ADV
ftr-441	1016	6	certain	certain	ADJ
ftr-441	1016	7	and	and	CCONJ
ftr-441	1016	8	safe	safe	ADJ
ftr-441	1016	9	return	return	NOUN
ftr-441	1016	10	on	on	ADP
ftr-441	1016	11	his	his	PRON
ftr-441	1016	12	or	or	CCONJ
ftr-441	1016	13	her	her	PRON
ftr-441	1016	14	investment	investment	NOUN
ftr-441	1016	15	with	with	ADP
ftr-441	1016	16	the	the	DET
ftr-441	1016	17	understanding	understanding	NOUN
ftr-441	1016	18	that	that	SCONJ
ftr-441	1016	19	there	there	PRON
ftr-441	1016	20	will	will	AUX
ftr-441	1016	21	be	be	AUX
ftr-441	1016	22	little	little	ADJ
ftr-441	1016	23	or	or	CCONJ
ftr-441	1016	24	no	no	PRON
ftr-441	1016	25	upside	upside	ADJ
ftr-441	1016	26	potential	potential	NOUN
ftr-441	1016	27	beyond	beyond	ADP
ftr-441	1016	28	that	that	DET
ftr-441	1016	29	safe	safe	ADJ
ftr-441	1016	30	return	return	NOUN
ftr-441	1016	31	.	.	PUNCT
ftr-441	1017	1	b	b	NOUN
ftr-441	1017	2	is	be	AUX
ftr-441	1017	3	willing	willing	ADJ
ftr-441	1017	4	to	to	PART
ftr-441	1017	5	go	go	VERB
ftr-441	1017	6	along	along	ADV
ftr-441	1017	7	with	with	ADP
ftr-441	1017	8	a	a	DET
ftr-441	1017	9	's	's	PART
ftr-441	1017	10	request	request	NOUN
ftr-441	1017	11	and	and	CCONJ
ftr-441	1017	12	to	to	PART
ftr-441	1017	13	assume	assume	VERB
ftr-441	1017	14	the	the	DET
ftr-441	1017	15	risk	risk	NOUN
ftr-441	1017	16	of	of	ADP
ftr-441	1017	17	all	all	DET
ftr-441	1017	18	losses	loss	NOUN
ftr-441	1017	19	beyond	beyond	ADP
ftr-441	1017	20	the	the	DET
ftr-441	1017	21	amounts	amount	NOUN
ftr-441	1017	22	contributed	contribute	VERB
ftr-441	1017	23	so	so	ADV
ftr-441	1017	24	long	long	ADV
ftr-441	1017	25	as	as	SCONJ
ftr-441	1017	26	b	b	NOUN
ftr-441	1017	27	will	will	AUX
ftr-441	1017	28	garner	garner	VERB
ftr-441	1017	29	all	all	PRON
ftr-441	1017	30	of	of	ADP
ftr-441	1017	31	the	the	DET
ftr-441	1017	32	upside	upside	ADJ
ftr-441	1017	33	potential	potential	NOUN
ftr-441	1017	34	in	in	ADP
ftr-441	1017	35	excess	excess	NOUN
ftr-441	1017	36	of	of	ADP
ftr-441	1017	37	the	the	DET
ftr-441	1017	38	return	return	NOUN
ftr-441	1017	39	belonging	belong	VERB
ftr-441	1017	40	to	to	ADP
ftr-441	1017	41	a.	a.	NOUN
ftr-441	1017	42	under	under	ADP
ftr-441	1017	43	current	current	ADJ
ftr-441	1017	44	law	law	NOUN
ftr-441	1017	45	,	,	PUNCT
ftr-441	1017	46	the	the	DET
ftr-441	1017	47	two	two	NUM
ftr-441	1017	48	investors	investor	NOUN
ftr-441	1017	49	can	can	AUX
ftr-441	1017	50	utilize	utilize	VERB
ftr-441	1017	51	an	an	DET
ftr-441	1017	52	s	s	NOUN
ftr-441	1017	53	corporation	corporation	NOUN
ftr-441	1017	54	only	only	ADV
ftr-441	1017	55	if	if	SCONJ
ftr-441	1017	56	a	a	PRON
ftr-441	1017	57	's	's	PART
ftr-441	1017	58	investment	investment	NOUN
ftr-441	1017	59	is	be	AUX
ftr-441	1017	60	treated	treat	VERB
ftr-441	1017	61	as	as	ADP
ftr-441	1017	62	debt	debt	NOUN
ftr-441	1017	63	rather	rather	ADV
ftr-441	1017	64	than	than	ADP
ftr-441	1017	65	equity.139	equity.139	PROPN
ftr-441	1017	66	if	if	SCONJ
ftr-441	1017	67	,	,	PUNCT
ftr-441	1017	68	for	for	ADP
ftr-441	1017	69	good	good	ADJ
ftr-441	1017	70	business	business	NOUN
ftr-441	1017	71	reasons	reason	NOUN
ftr-441	1017	72	such	such	ADJ
ftr-441	1017	73	as	as	ADP
ftr-441	1017	74	the	the	DET
ftr-441	1017	75	insistence	insistence	NOUN
ftr-441	1017	76	of	of	ADP
ftr-441	1017	77	a	a	DET
ftr-441	1017	78	third	third	ADJ
ftr-441	1017	79	-	-	PUNCT
ftr-441	1017	80	party	party	NOUN
ftr-441	1017	81	lender	lender	NOUN
ftr-441	1017	82	to	to	ADP
ftr-441	1017	83	the	the	DET
ftr-441	1017	84	firm	firm	NOUN
ftr-441	1017	85	,	,	PUNCT
ftr-441	1017	86	a	a	DET
ftr-441	1017	87	loan	loan	NOUN
ftr-441	1017	88	from	from	ADP
ftr-441	1017	89	a	a	PRON
ftr-441	1017	90	is	be	AUX
ftr-441	1017	91	not	not	PART
ftr-441	1017	92	feasible	feasible	ADJ
ftr-441	1017	93	,	,	PUNCT
ftr-441	1017	94	then	then	ADV
ftr-441	1017	95	an	an	DET
ftr-441	1017	96	s	s	NOUN
ftr-441	1017	97	corporation	corporation	NOUN
ftr-441	1017	98	can	can	AUX
ftr-441	1017	99	not	not	PART
ftr-441	1017	100	accommodate	accommodate	VERB
ftr-441	1017	101	them	they	PRON
ftr-441	1017	102	;	;	PUNCT
ftr-441	1017	103	they	they	PRON
ftr-441	1017	104	would	would	AUX
ftr-441	1017	105	have	have	VERB
ftr-441	1017	106	to	to	PART
ftr-441	1017	107	form	form	VERB
ftr-441	1017	108	a	a	DET
ftr-441	1017	109	partnership	partnership	NOUN
ftr-441	1017	110	or	or	CCONJ
ftr-441	1017	111	other	other	ADJ
ftr-441	1017	112	unincorporated	unincorporated	ADJ
ftr-441	1017	113	entity	entity	NOUN
ftr-441	1017	114	and	and	CCONJ
ftr-441	1017	115	be	be	AUX
ftr-441	1017	116	taxed	tax	VERB
ftr-441	1017	117	under	under	ADP
ftr-441	1017	118	subchapter	subchapter	NOUN
ftr-441	1017	119	k.	k.	PROPN
ftr-441	1017	120	"o	"o	PROPN
ftr-441	1017	121	138	138	NUM
ftr-441	1017	122	.	.	PUNCT
ftr-441	1018	1	barnes	barnes	PROPN
ftr-441	1018	2	motor	motor	PROPN
ftr-441	1018	3	&	&	CCONJ
ftr-441	1018	4	parts	parts	PROPN
ftr-441	1018	5	co.	co.	PROPN
ftr-441	1018	6	v.	v.	PROPN
ftr-441	1018	7	united	united	PROPN
ftr-441	1018	8	states	states	PROPN
ftr-441	1018	9	,	,	PUNCT
ftr-441	1018	10	309	309	NUM
ftr-441	1018	11	f.	f.	PROPN
ftr-441	1018	12	supp	supp	PROPN
ftr-441	1018	13	.	.	PUNCT
ftr-441	1019	1	298	298	NUM
ftr-441	1019	2	,	,	PUNCT
ftr-441	1019	3	301	301	NUM
ftr-441	1019	4	(	(	PUNCT
ftr-441	1019	5	ed	ed	NOUN
ftr-441	1019	6	.	.	PUNCT
ftr-441	1020	1	n.c	n.c	PROPN
ftr-441	1020	2	.	.	PROPN
ftr-441	1020	3	1970	1970	NUM
ftr-441	1020	4	)	)	PUNCT
ftr-441	1020	5	;	;	PUNCT
ftr-441	1020	6	see	see	VERB
ftr-441	1020	7	also	also	ADV
ftr-441	1020	8	paige	paige	PROPN
ftr-441	1020	9	v.	v.	PROPN
ftr-441	1020	10	united	united	PROPN
ftr-441	1020	11	states	states	PROPN
ftr-441	1020	12	,	,	PUNCT
ftr-441	1020	13	580	580	NUM
ftr-441	1020	14	f.2d	f.2d	NUM
ftr-441	1020	15	960	960	NUM
ftr-441	1020	16	,	,	PUNCT
ftr-441	1020	17	963	963	NUM
ftr-441	1020	18	-	-	SYM
ftr-441	1020	19	64	64	NUM
ftr-441	1020	20	(	(	PUNCT
ftr-441	1020	21	9th	9th	ADJ
ftr-441	1020	22	cir	cir	NOUN
ftr-441	1020	23	.	.	PROPN
ftr-441	1020	24	1978	1978	NUM
ftr-441	1020	25	)	)	PUNCT
ftr-441	1020	26	.	.	PUNCT
ftr-441	1021	1	the	the	DET
ftr-441	1021	2	barnes	barnes	PROPN
ftr-441	1021	3	opinion	opinion	NOUN
ftr-441	1021	4	suggests	suggest	VERB
ftr-441	1021	5	that	that	SCONJ
ftr-441	1021	6	all	all	DET
ftr-441	1021	7	the	the	DET
ftr-441	1021	8	restrictions	restriction	NOUN
ftr-441	1021	9	in	in	ADP
ftr-441	1021	10	§	§	PROPN
ftr-441	1021	11	1361(b)(1	1361(b)(1	NUM
ftr-441	1021	12	)	)	PUNCT
ftr-441	1021	13	can	can	AUX
ftr-441	1021	14	be	be	AUX
ftr-441	1021	15	explained	explain	VERB
ftr-441	1021	16	on	on	ADP
ftr-441	1021	17	this	this	DET
ftr-441	1021	18	basis	basis	NOUN
ftr-441	1021	19	.	.	PUNCT
ftr-441	1022	1	that	that	PRON
ftr-441	1022	2	includes	include	VERB
ftr-441	1022	3	the	the	DET
ftr-441	1022	4	number	number	NOUN
ftr-441	1022	5	of	of	ADP
ftr-441	1022	6	shareholders	shareholder	NOUN
ftr-441	1022	7	,	,	PUNCT
ftr-441	1022	8	the	the	DET
ftr-441	1022	9	prohibition	prohibition	NOUN
ftr-441	1022	10	of	of	ADP
ftr-441	1022	11	a	a	DET
ftr-441	1022	12	shareholder	shareholder	NOUN
ftr-441	1022	13	who	who	PRON
ftr-441	1022	14	is	be	AUX
ftr-441	1022	15	not	not	PART
ftr-441	1022	16	an	an	DET
ftr-441	1022	17	individual	individual	NOUN
ftr-441	1022	18	,	,	PUNCT
ftr-441	1022	19	and	and	CCONJ
ftr-441	1022	20	the	the	DET
ftr-441	1022	21	prohibition	prohibition	NOUN
ftr-441	1022	22	of	of	ADP
ftr-441	1022	23	a	a	DET
ftr-441	1022	24	nonresident	nonresident	ADJ
ftr-441	1022	25	alien	alien	ADJ
ftr-441	1022	26	shareholder	shareholder	NOUN
ftr-441	1022	27	.	.	PUNCT
ftr-441	1023	1	see	see	VERB
ftr-441	1023	2	also	also	ADV
ftr-441	1023	3	supra	supra	ADJ
ftr-441	1023	4	note	note	PROPN
ftr-441	1023	5	83	83	NUM
ftr-441	1023	6	.	.	PUNCT
ftr-441	1023	7	139	139	NUM
ftr-441	1023	8	.	.	PUNCT
ftr-441	1024	1	see	see	VERB
ftr-441	1024	2	irc	irc	PROPN
ftr-441	1024	3	§	§	PROPN
ftr-441	1024	4	1361(c)(5	1361(c)(5	NUM
ftr-441	1024	5	)	)	PUNCT
ftr-441	1024	6	(	(	PUNCT
ftr-441	1024	7	straight	straight	ADJ
ftr-441	1024	8	debt	debt	NOUN
ftr-441	1024	9	not	not	PART
ftr-441	1024	10	considered	consider	VERB
ftr-441	1024	11	second	second	ADJ
ftr-441	1024	12	class	class	NOUN
ftr-441	1024	13	of	of	ADP
ftr-441	1024	14	stock	stock	NOUN
ftr-441	1024	15	)	)	PUNCT
ftr-441	1024	16	.	.	PUNCT
ftr-441	1025	1	140	140	NUM
ftr-441	1025	2	.	.	PUNCT
ftr-441	1026	1	the	the	DET
ftr-441	1026	2	granting	granting	NOUN
ftr-441	1026	3	of	of	ADP
ftr-441	1026	4	compensatory	compensatory	ADJ
ftr-441	1026	5	options	option	NOUN
ftr-441	1026	6	to	to	ADP
ftr-441	1026	7	shareholder	shareholder	NOUN
ftr-441	1026	8	-	-	PUNCT
ftr-441	1026	9	employees	employee	NOUN
ftr-441	1026	10	of	of	ADP
ftr-441	1026	11	the	the	DET
ftr-441	1026	12	s	s	PART
ftr-441	1026	13	corporation	corporation	NOUN
ftr-441	1026	14	is	be	AUX
ftr-441	1026	15	one	one	NUM
ftr-441	1026	16	way	way	NOUN
ftr-441	1026	17	of	of	ADP
ftr-441	1026	18	achieving	achieve	VERB
ftr-441	1026	19	some	some	DET
ftr-441	1026	20	flexibility	flexibility	NOUN
ftr-441	1026	21	within	within	ADP
ftr-441	1026	22	the	the	DET
ftr-441	1026	23	constraints	constraint	NOUN
ftr-441	1026	24	of	of	ADP
ftr-441	1026	25	the	the	DET
ftr-441	1026	26	s	s	PART
ftr-441	1026	27	corporation	corporation	NOUN
ftr-441	1026	28	's	's	PART
ftr-441	1026	29	one	one	NUM
ftr-441	1026	30	-	-	PUNCT
ftr-441	1026	31	class	class	NOUN
ftr-441	1026	32	-	-	PUNCT
ftr-441	1026	33	of	of	ADP
ftr-441	1026	34	-	-	PUNCT
ftr-441	1026	35	stock	stock	NOUN
ftr-441	1026	36	rule	rule	NOUN
ftr-441	1026	37	.	.	PUNCT
ftr-441	1027	1	see	see	VERB
ftr-441	1027	2	james	james	PROPN
ftr-441	1027	3	s.	s.	PROPN
ftr-441	1027	4	eustice	eustice	PROPN
ftr-441	1027	5	&	&	CCONJ
ftr-441	1027	6	joel	joel	PROPN
ftr-441	1027	7	d.	d.	PROPN
ftr-441	1027	8	kuntz	kuntz	PROPN
ftr-441	1027	9	,	,	PUNCT
ftr-441	1027	10	federal	federal	ADJ
ftr-441	1027	11	income	income	NOUN
ftr-441	1027	12	taxation	taxation	NOUN
ftr-441	1027	13	of	of	ADP
ftr-441	1027	14	s	s	PROPN
ftr-441	1027	15	corporations	corporation	NOUN
ftr-441	1027	16	6.04	6.04	NUM
ftr-441	1027	17	(	(	PUNCT
ftr-441	1027	18	3d	3d	PROPN
ftr-441	1027	19	ed	ed	NOUN
ftr-441	1027	20	.	.	PROPN
ftr-441	1027	21	1993	1993	NUM
ftr-441	1027	22	)	)	PUNCT
ftr-441	1027	23	;	;	PUNCT
ftr-441	1027	24	berger	berger	PROPN
ftr-441	1027	25	,	,	PUNCT
ftr-441	1027	26	supra	supra	PROPN
ftr-441	1027	27	note	note	PROPN
ftr-441	1027	28	63	63	NUM
ftr-441	1027	29	,	,	PUNCT
ftr-441	1027	30	at	at	ADP
ftr-441	1027	31	141	141	NUM
ftr-441	1027	32	.	.	PUNCT
ftr-441	1028	1	the	the	DET
ftr-441	1028	2	regulations	regulation	NOUN
ftr-441	1028	3	specifically	specifically	ADV
ftr-441	1028	4	bless	bless	VERB
ftr-441	1028	5	certain	certain	ADJ
ftr-441	1028	6	forms	form	NOUN
ftr-441	1028	7	of	of	ADP
ftr-441	1028	8	such	such	ADJ
ftr-441	1028	9	options	option	NOUN
ftr-441	1028	10	.	.	PUNCT
ftr-441	1029	1	see	see	VERB
ftr-441	1029	2	regs	reg	NOUN
ftr-441	1029	3	.	.	PUNCT
ftr-441	1030	1	§	§	PROPN
ftr-441	1030	2	1.13611(/(4)(ii)(b)(2	1.13611(/(4)(ii)(b)(2	NUM
ftr-441	1030	3	)	)	PUNCT
ftr-441	1030	4	.	.	PUNCT
ftr-441	1031	1	on	on	ADP
ftr-441	1031	2	the	the	DET
ftr-441	1031	3	other	other	ADJ
ftr-441	1031	4	hand	hand	NOUN
ftr-441	1031	5	,	,	PUNCT
ftr-441	1031	6	the	the	DET
ftr-441	1031	7	regulations	regulation	NOUN
ftr-441	1031	8	indicate	indicate	VERB
ftr-441	1031	9	that	that	SCONJ
ftr-441	1031	10	if	if	SCONJ
ftr-441	1031	11	the	the	DET
ftr-441	1031	12	state	state	NOUN
ftr-441	1031	13	corporation	corporation	NOUN
ftr-441	1031	14	commissioner	commissioner	NOUN
ftr-441	1031	15	imposes	impose	VERB
ftr-441	1031	16	a	a	DET
ftr-441	1031	17	restriction	restriction	NOUN
ftr-441	1031	18	on	on	ADP
ftr-441	1031	19	the	the	DET
ftr-441	1031	20	distribution	distribution	NOUN
ftr-441	1031	21	rights	right	NOUN
ftr-441	1031	22	of	of	ADP
ftr-441	1031	23	certain	certain	ADJ
ftr-441	1031	24	shareholders	shareholder	NOUN
ftr-441	1031	25	,	,	PUNCT
ftr-441	1031	26	the	the	DET
ftr-441	1031	27	restriction	restriction	NOUN
ftr-441	1031	28	may	may	AUX
ftr-441	1031	29	constitute	constitute	VERB
ftr-441	1031	30	a	a	DET
ftr-441	1031	31	second	second	ADJ
ftr-441	1031	32	class	class	NOUN
ftr-441	1031	33	of	of	ADP
ftr-441	1031	34	ownership	ownership	NOUN
ftr-441	1031	35	and	and	CCONJ
ftr-441	1031	36	therefore	therefore	ADV
ftr-441	1031	37	prevent	prevent	VERB
ftr-441	1031	38	qualification	qualification	NOUN
ftr-441	1031	39	as	as	ADP
ftr-441	1031	40	an	an	DET
ftr-441	1031	41	s	s	NOUN
ftr-441	1031	42	corporation	corporation	NOUN
ftr-441	1031	43	.	.	PUNCT
ftr-441	1032	1	see	see	VERB
ftr-441	1032	2	regs	reg	NOUN
ftr-441	1032	3	.	.	PUNCT
ftr-441	1033	1	§	§	PROPN
ftr-441	1033	2	1.1361	1.1361	NUM
ftr-441	1033	3	-	-	SYM
ftr-441	1033	4	1(/)(2)(v	1(/)(2)(v	NUM
ftr-441	1033	5	)	)	PUNCT
ftr-441	1033	6	,	,	PUNCT
ftr-441	1033	7	ex	ex	X
ftr-441	1033	8	.	.	PUNCT
ftr-441	1033	9	(	(	PUNCT
ftr-441	1033	10	1	1	NUM
ftr-441	1033	11	)	)	PUNCT
ftr-441	1033	12	;	;	PUNCT
ftr-441	1033	13	paige	paige	PROPN
ftr-441	1033	14	v.	v.	PROPN
ftr-441	1033	15	united	united	PROPN
ftr-441	1033	16	states	states	PROPN
ftr-441	1033	17	,	,	PUNCT
ftr-441	1033	18	580	580	NUM
ftr-441	1033	19	f.2d	f.2d	NOUN
ftr-441	1033	20	960	960	NUM
ftr-441	1033	21	(	(	PUNCT
ftr-441	1033	22	9th	9th	ADJ
ftr-441	1033	23	cir	cir	NOUN
ftr-441	1033	24	.	.	PROPN
ftr-441	1033	25	1978	1978	NUM
ftr-441	1033	26	)	)	PUNCT
ftr-441	1033	27	.	.	PUNCT
ftr-441	1034	1	permitting	permit	VERB
ftr-441	1034	2	the	the	DET
ftr-441	1034	3	firm	firm	NOUN
ftr-441	1034	4	to	to	PART
ftr-441	1034	5	issue	issue	VERB
ftr-441	1034	6	a	a	DET
ftr-441	1034	7	class	class	NOUN
ftr-441	1034	8	of	of	ADP
ftr-441	1034	9	straight	straight	ADJ
ftr-441	1034	10	preferred	preferred	ADJ
ftr-441	1034	11	ownership	ownership	NOUN
ftr-441	1034	12	interests	interest	NOUN
ftr-441	1034	13	would	would	AUX
ftr-441	1034	14	overcome	overcome	VERB
ftr-441	1034	15	that	that	DET
ftr-441	1034	16	obstacle	obstacle	NOUN
ftr-441	1034	17	.	.	PUNCT
ftr-441	1035	1	19991	19991	NUM
ftr-441	1035	2	florida	florida	PROPN
ftr-441	1035	3	tax	tax	PROPN
ftr-441	1035	4	review	review	NOUN
ftr-441	1035	5	one	one	NUM
ftr-441	1035	6	method	method	NOUN
ftr-441	1035	7	of	of	ADP
ftr-441	1035	8	accommodating	accommodate	VERB
ftr-441	1035	9	the	the	DET
ftr-441	1035	10	foregoing	forego	VERB
ftr-441	1035	11	business	business	NOUN
ftr-441	1035	12	arrangement	arrangement	NOUN
ftr-441	1035	13	would	would	AUX
ftr-441	1035	14	be	be	AUX
ftr-441	1035	15	to	to	PART
ftr-441	1035	16	allow	allow	VERB
ftr-441	1035	17	the	the	DET
ftr-441	1035	18	entity	entity	NOUN
ftr-441	1035	19	to	to	PART
ftr-441	1035	20	issue	issue	VERB
ftr-441	1035	21	the	the	DET
ftr-441	1035	22	equivalent	equivalent	NOUN
ftr-441	1035	23	of	of	ADP
ftr-441	1035	24	plain	plain	ADJ
ftr-441	1035	25	vanilla	vanilla	NOUN
ftr-441	1035	26	preferred	prefer	VERB
ftr-441	1035	27	stock	stock	NOUN
ftr-441	1035	28	.	.	PUNCT
ftr-441	1036	1	4	4	NUM
ftr-441	1036	2	'	'	PUNCT
ftr-441	1036	3	the	the	DET
ftr-441	1036	4	proposal	proposal	NOUN
ftr-441	1036	5	would	would	AUX
ftr-441	1036	6	permit	permit	VERB
ftr-441	1036	7	a	a	DET
ftr-441	1036	8	class	class	NOUN
ftr-441	1036	9	of	of	ADP
ftr-441	1036	10	ownership	ownership	NOUN
ftr-441	1036	11	interests	interest	NOUN
ftr-441	1036	12	to	to	PART
ftr-441	1036	13	be	be	AUX
ftr-441	1036	14	issued	issue	VERB
ftr-441	1036	15	with	with	ADP
ftr-441	1036	16	a	a	DET
ftr-441	1036	17	clear	clear	ADJ
ftr-441	1036	18	priority	priority	NOUN
ftr-441	1036	19	over	over	ADP
ftr-441	1036	20	the	the	DET
ftr-441	1036	21	only	only	ADJ
ftr-441	1036	22	other	other	ADJ
ftr-441	1036	23	class	class	NOUN
ftr-441	1036	24	of	of	ADP
ftr-441	1036	25	interests	interest	NOUN
ftr-441	1036	26	,	,	PUNCT
ftr-441	1036	27	and	and	CCONJ
ftr-441	1036	28	return	return	VERB
ftr-441	1036	29	on	on	ADP
ftr-441	1036	30	the	the	DET
ftr-441	1036	31	preferred	preferred	ADJ
ftr-441	1036	32	class	class	NOUN
ftr-441	1036	33	would	would	AUX
ftr-441	1036	34	be	be	AUX
ftr-441	1036	35	fixed	fix	VERB
ftr-441	1036	36	and	and	CCONJ
ftr-441	1036	37	limited	limit	VERB
ftr-441	1036	38	to	to	ADP
ftr-441	1036	39	the	the	DET
ftr-441	1036	40	earnings	earning	NOUN
ftr-441	1036	41	of	of	ADP
ftr-441	1036	42	the	the	DET
ftr-441	1036	43	entity	entity	NOUN
ftr-441	1036	44	.	.	PUNCT
ftr-441	1037	1	in	in	ADP
ftr-441	1037	2	the	the	DET
ftr-441	1037	3	foregoing	forego	VERB
ftr-441	1037	4	example	example	NOUN
ftr-441	1037	5	,	,	PUNCT
ftr-441	1037	6	a	a	PRON
ftr-441	1037	7	might	might	AUX
ftr-441	1037	8	own	own	VERB
ftr-441	1037	9	all	all	PRON
ftr-441	1037	10	of	of	ADP
ftr-441	1037	11	the	the	DET
ftr-441	1037	12	preferred	preferred	ADJ
ftr-441	1037	13	interests	interest	NOUN
ftr-441	1037	14	and	and	CCONJ
ftr-441	1037	15	be	be	AUX
ftr-441	1037	16	allocated	allocate	VERB
ftr-441	1037	17	the	the	DET
ftr-441	1037	18	first	first	ADJ
ftr-441	1037	19	slice	slice	NOUN
ftr-441	1037	20	of	of	ADP
ftr-441	1037	21	entity	entity	NOUN
ftr-441	1037	22	income	income	NOUN
ftr-441	1037	23	.	.	PUNCT
ftr-441	1038	1	b	b	NOUN
ftr-441	1038	2	would	would	AUX
ftr-441	1038	3	own	own	VERB
ftr-441	1038	4	all	all	PRON
ftr-441	1038	5	of	of	ADP
ftr-441	1038	6	the	the	DET
ftr-441	1038	7	remaining	remain	VERB
ftr-441	1038	8	,	,	PUNCT
ftr-441	1038	9	residual	residual	ADJ
ftr-441	1038	10	interests	interest	NOUN
ftr-441	1038	11	,	,	PUNCT
ftr-441	1038	12	and	and	CCONJ
ftr-441	1038	13	be	be	AUX
ftr-441	1038	14	allocated	allocate	VERB
ftr-441	1038	15	any	any	DET
ftr-441	1038	16	losses	loss	NOUN
ftr-441	1038	17	of	of	ADP
ftr-441	1038	18	the	the	DET
ftr-441	1038	19	firm	firm	NOUN
ftr-441	1038	20	and	and	CCONJ
ftr-441	1038	21	all	all	DET
ftr-441	1038	22	income	income	NOUN
ftr-441	1038	23	beyond	beyond	ADP
ftr-441	1038	24	the	the	DET
ftr-441	1038	25	initial	initial	ADJ
ftr-441	1038	26	slice	slice	NOUN
ftr-441	1038	27	belonging	belong	VERB
ftr-441	1038	28	to	to	ADP
ftr-441	1038	29	a.	a.	NOUN
ftr-441	1038	30	could	could	AUX
ftr-441	1038	31	the	the	DET
ftr-441	1038	32	existence	existence	NOUN
ftr-441	1038	33	of	of	ADP
ftr-441	1038	34	two	two	NUM
ftr-441	1038	35	classes	class	NOUN
ftr-441	1038	36	of	of	ADP
ftr-441	1038	37	ownership	ownership	NOUN
ftr-441	1038	38	interests	interest	NOUN
ftr-441	1038	39	,	,	PUNCT
ftr-441	1038	40	one	one	NUM
ftr-441	1038	41	with	with	ADP
ftr-441	1038	42	clear	clear	ADJ
ftr-441	1038	43	income	income	NOUN
ftr-441	1038	44	priority	priority	NOUN
ftr-441	1038	45	over	over	ADP
ftr-441	1038	46	the	the	DET
ftr-441	1038	47	other	other	ADJ
ftr-441	1038	48	,	,	PUNCT
ftr-441	1038	49	be	be	AUX
ftr-441	1038	50	manipulated	manipulate	VERB
ftr-441	1038	51	by	by	ADP
ftr-441	1038	52	the	the	DET
ftr-441	1038	53	parties	party	NOUN
ftr-441	1038	54	?	?	PUNCT
ftr-441	1039	1	one	one	NUM
ftr-441	1039	2	possible	possible	ADJ
ftr-441	1039	3	concern	concern	NOUN
ftr-441	1039	4	might	might	AUX
ftr-441	1039	5	be	be	AUX
ftr-441	1039	6	the	the	DET
ftr-441	1039	7	"	"	PUNCT
ftr-441	1039	8	skimming	skimming	NOUN
ftr-441	1039	9	"	"	PUNCT
ftr-441	1039	10	of	of	ADP
ftr-441	1039	11	income	income	NOUN
ftr-441	1039	12	to	to	ADP
ftr-441	1039	13	part	part	ADJ
ftr-441	1039	14	-	-	PUNCT
ftr-441	1039	15	year	year	NOUN
ftr-441	1039	16	owners	owner	NOUN
ftr-441	1039	17	.	.	PUNCT
ftr-441	1040	1	consider	consider	VERB
ftr-441	1040	2	a	a	DET
ftr-441	1040	3	calendar	calendar	NOUN
ftr-441	1040	4	year	year	NOUN
ftr-441	1040	5	firm	firm	NOUN
ftr-441	1040	6	that	that	PRON
ftr-441	1040	7	issues	issue	VERB
ftr-441	1040	8	a	a	DET
ftr-441	1040	9	new	new	ADJ
ftr-441	1040	10	class	class	NOUN
ftr-441	1040	11	of	of	ADP
ftr-441	1040	12	preferred	preferred	ADJ
ftr-441	1040	13	interests	interest	NOUN
ftr-441	1040	14	on	on	ADP
ftr-441	1040	15	december	december	PROPN
ftr-441	1040	16	31	31	NUM
ftr-441	1040	17	.	.	PUNCT
ftr-441	1041	1	if	if	SCONJ
ftr-441	1041	2	there	there	PRON
ftr-441	1041	3	is	be	VERB
ftr-441	1041	4	nothing	nothing	PRON
ftr-441	1041	5	to	to	PART
ftr-441	1041	6	limit	limit	VERB
ftr-441	1041	7	the	the	DET
ftr-441	1041	8	amount	amount	NOUN
ftr-441	1041	9	of	of	ADP
ftr-441	1041	10	income	income	NOUN
ftr-441	1041	11	that	that	PRON
ftr-441	1041	12	could	could	AUX
ftr-441	1041	13	be	be	AUX
ftr-441	1041	14	allocated	allocate	VERB
ftr-441	1041	15	to	to	ADP
ftr-441	1041	16	the	the	DET
ftr-441	1041	17	one	one	NUM
ftr-441	1041	18	-	-	PUNCT
ftr-441	1041	19	day	day	NOUN
ftr-441	1041	20	owner	owner	NOUN
ftr-441	1041	21	of	of	ADP
ftr-441	1041	22	the	the	DET
ftr-441	1041	23	preferred	preferred	ADJ
ftr-441	1041	24	interest	interest	NOUN
ftr-441	1041	25	,	,	PUNCT
ftr-441	1041	26	the	the	DET
ftr-441	1041	27	newly	newly	ADV
ftr-441	1041	28	-	-	PUNCT
ftr-441	1041	29	issued	issue	VERB
ftr-441	1041	30	interest	interest	NOUN
ftr-441	1041	31	would	would	AUX
ftr-441	1041	32	allow	allow	VERB
ftr-441	1041	33	manipulation	manipulation	NOUN
ftr-441	1041	34	of	of	ADP
ftr-441	1041	35	the	the	DET
ftr-441	1041	36	firm	firm	NOUN
ftr-441	1041	37	's	's	PART
ftr-441	1041	38	income	income	NOUN
ftr-441	1041	39	for	for	ADP
ftr-441	1041	40	the	the	DET
ftr-441	1041	41	year	year	NOUN
ftr-441	1041	42	.	.	PUNCT
ftr-441	1042	1	in	in	ADP
ftr-441	1042	2	an	an	DET
ftr-441	1042	3	extreme	extreme	ADJ
ftr-441	1042	4	case	case	NOUN
ftr-441	1042	5	,	,	PUNCT
ftr-441	1042	6	the	the	DET
ftr-441	1042	7	preference	preference	NOUN
ftr-441	1042	8	could	could	AUX
ftr-441	1042	9	be	be	AUX
ftr-441	1042	10	such	such	ADJ
ftr-441	1042	11	that	that	SCONJ
ftr-441	1042	12	all	all	PRON
ftr-441	1042	13	of	of	ADP
ftr-441	1042	14	the	the	DET
ftr-441	1042	15	firm	firm	NOUN
ftr-441	1042	16	's	's	PART
ftr-441	1042	17	income	income	NOUN
ftr-441	1042	18	for	for	ADP
ftr-441	1042	19	the	the	DET
ftr-441	1042	20	year	year	NOUN
ftr-441	1042	21	would	would	AUX
ftr-441	1042	22	be	be	AUX
ftr-441	1042	23	allocated	allocate	VERB
ftr-441	1042	24	to	to	ADP
ftr-441	1042	25	the	the	DET
ftr-441	1042	26	new	new	ADJ
ftr-441	1042	27	owner	owner	NOUN
ftr-441	1042	28	and	and	CCONJ
ftr-441	1042	29	away	away	ADV
ftr-441	1042	30	from	from	ADP
ftr-441	1042	31	the	the	DET
ftr-441	1042	32	holders	holder	NOUN
ftr-441	1042	33	of	of	ADP
ftr-441	1042	34	the	the	DET
ftr-441	1042	35	residual	residual	ADJ
ftr-441	1042	36	interests	interest	NOUN
ftr-441	1042	37	.	.	PUNCT
ftr-441	1043	1	42	42	NUM
ftr-441	1044	1	but	but	CCONJ
ftr-441	1044	2	a	a	DET
ftr-441	1044	3	similar	similar	ADJ
ftr-441	1044	4	problem	problem	NOUN
ftr-441	1044	5	arises	arise	VERB
ftr-441	1044	6	under	under	ADP
ftr-441	1044	7	existing	exist	VERB
ftr-441	1044	8	subchapter	subchapter	NOUN
ftr-441	1044	9	s	s	NOUN
ftr-441	1044	10	and	and	CCONJ
ftr-441	1044	11	,	,	PUNCT
ftr-441	1044	12	as	as	ADP
ftr-441	1044	13	a	a	DET
ftr-441	1044	14	result	result	NOUN
ftr-441	1044	15	,	,	PUNCT
ftr-441	1044	16	section	section	NOUN
ftr-441	1044	17	1377	1377	NUM
ftr-441	1044	18	requires	require	VERB
ftr-441	1044	19	the	the	DET
ftr-441	1044	20	firm	firm	NOUN
ftr-441	1044	21	to	to	PART
ftr-441	1044	22	divide	divide	VERB
ftr-441	1044	23	up	up	ADP
ftr-441	1044	24	its	its	PRON
ftr-441	1044	25	income	income	NOUN
ftr-441	1044	26	pro	pro	ADJ
ftr-441	1044	27	rata	rata	NOUN
ftr-441	1044	28	among	among	ADP
ftr-441	1044	29	the	the	DET
ftr-441	1044	30	days	day	NOUN
ftr-441	1044	31	of	of	ADP
ftr-441	1044	32	the	the	DET
ftr-441	1044	33	year	year	NOUN
ftr-441	1044	34	.	.	PUNCT
ftr-441	1045	1	thus	thus	ADV
ftr-441	1045	2	,	,	PUNCT
ftr-441	1045	3	one	one	NUM
ftr-441	1045	4	who	who	PRON
ftr-441	1045	5	acquires	acquire	VERB
ftr-441	1045	6	all	all	PRON
ftr-441	1045	7	of	of	ADP
ftr-441	1045	8	the	the	DET
ftr-441	1045	9	stock	stock	NOUN
ftr-441	1045	10	in	in	ADP
ftr-441	1045	11	an	an	DET
ftr-441	1045	12	s	s	NOUN
ftr-441	1045	13	corporation	corporation	NOUN
ftr-441	1045	14	under	under	ADP
ftr-441	1045	15	existing	exist	VERB
ftr-441	1045	16	law	law	NOUN
ftr-441	1045	17	on	on	ADP
ftr-441	1045	18	the	the	DET
ftr-441	1045	19	last	last	ADJ
ftr-441	1045	20	day	day	NOUN
ftr-441	1045	21	of	of	ADP
ftr-441	1045	22	the	the	DET
ftr-441	1045	23	year	year	NOUN
ftr-441	1045	24	can	can	AUX
ftr-441	1045	25	not	not	PART
ftr-441	1045	26	be	be	AUX
ftr-441	1045	27	allocated	allocate	VERB
ftr-441	1045	28	all	all	PRON
ftr-441	1045	29	of	of	ADP
ftr-441	1045	30	the	the	DET
ftr-441	1045	31	corporation	corporation	NOUN
ftr-441	1045	32	's	's	PART
ftr-441	1045	33	income	income	NOUN
ftr-441	1045	34	for	for	ADP
ftr-441	1045	35	the	the	DET
ftr-441	1045	36	year	year	NOUN
ftr-441	1045	37	.	.	PUNCT
ftr-441	1046	1	as	as	ADV
ftr-441	1046	2	long	long	ADV
ftr-441	1046	3	as	as	SCONJ
ftr-441	1046	4	the	the	DET
ftr-441	1046	5	preferred	preferred	ADJ
ftr-441	1046	6	class	class	NOUN
ftr-441	1046	7	of	of	ADP
ftr-441	1046	8	ownership	ownership	NOUN
ftr-441	1046	9	interests	interest	NOUN
ftr-441	1046	10	is	be	AUX
ftr-441	1046	11	restricted	restrict	VERB
ftr-441	1046	12	in	in	ADP
ftr-441	1046	13	the	the	DET
ftr-441	1046	14	same	same	ADJ
ftr-441	1046	15	way	way	NOUN
ftr-441	1046	16	,	,	PUNCT
ftr-441	1046	17	the	the	DET
ftr-441	1046	18	possibility	possibility	NOUN
ftr-441	1046	19	of	of	ADP
ftr-441	1046	20	manipulation	manipulation	NOUN
ftr-441	1046	21	from	from	ADP
ftr-441	1046	22	such	such	DET
ftr-441	1046	23	a	a	DET
ftr-441	1046	24	maneuver	maneuver	NOUN
ftr-441	1046	25	appears	appear	VERB
ftr-441	1046	26	to	to	PART
ftr-441	1046	27	be	be	AUX
ftr-441	1046	28	reduced	reduce	VERB
ftr-441	1046	29	or	or	CCONJ
ftr-441	1046	30	eliminated.4	eliminated.4	PROPN
ftr-441	1046	31	3	3	NUM
ftr-441	1046	32	141	141	NUM
ftr-441	1046	33	.	.	PUNCT
ftr-441	1047	1	such	such	DET
ftr-441	1047	2	a	a	DET
ftr-441	1047	3	proposal	proposal	NOUN
ftr-441	1047	4	was	be	AUX
ftr-441	1047	5	included	include	VERB
ftr-441	1047	6	in	in	ADP
ftr-441	1047	7	the	the	DET
ftr-441	1047	8	"	"	PUNCT
ftr-441	1047	9	s	s	PART
ftr-441	1047	10	corporation	corporation	NOUN
ftr-441	1047	11	reform	reform	PROPN
ftr-441	1047	12	act	act	NOUN
ftr-441	1047	13	of	of	ADP
ftr-441	1047	14	1995	1995	NUM
ftr-441	1047	15	,	,	PUNCT
ftr-441	1047	16	"	"	PUNCT
ftr-441	1047	17	s.	s.	PROPN
ftr-441	1047	18	758	758	NUM
ftr-441	1047	19	,	,	PUNCT
ftr-441	1047	20	reproduced	reproduce	VERB
ftr-441	1047	21	at	at	ADP
ftr-441	1047	22	95	95	NUM
ftr-441	1047	23	tnt	tnt	PROPN
ftr-441	1047	24	88	88	NUM
ftr-441	1047	25	-	-	SYM
ftr-441	1047	26	5	5	NUM
ftr-441	1047	27	(	(	PUNCT
ftr-441	1047	28	may	may	PROPN
ftr-441	1047	29	5	5	NUM
ftr-441	1047	30	,	,	PUNCT
ftr-441	1047	31	1995	1995	NUM
ftr-441	1047	32	)	)	PUNCT
ftr-441	1047	33	,	,	PUNCT
ftr-441	1047	34	§	§	PROPN
ftr-441	1047	35	121	121	NUM
ftr-441	1047	36	(	(	PUNCT
ftr-441	1047	37	lexis	lexis	NOUN
ftr-441	1047	38	,	,	PUNCT
ftr-441	1047	39	fedtax	fedtax	NOUN
ftr-441	1047	40	library	library	NOUN
ftr-441	1047	41	,	,	PUNCT
ftr-441	1047	42	tnt	tnt	NOUN
ftr-441	1047	43	file	file	NOUN
ftr-441	1047	44	)	)	PUNCT
ftr-441	1047	45	.	.	PUNCT
ftr-441	1048	1	however	however	ADV
ftr-441	1048	2	,	,	PUNCT
ftr-441	1048	3	it	it	PRON
ftr-441	1048	4	was	be	AUX
ftr-441	1048	5	not	not	PART
ftr-441	1048	6	part	part	NOUN
ftr-441	1048	7	of	of	ADP
ftr-441	1048	8	the	the	DET
ftr-441	1048	9	subchapter	subchapter	NOUN
ftr-441	1048	10	s	s	PART
ftr-441	1048	11	liberalizations	liberalization	NOUN
ftr-441	1048	12	contained	contain	VERB
ftr-441	1048	13	in	in	ADP
ftr-441	1048	14	the	the	DET
ftr-441	1048	15	small	small	ADJ
ftr-441	1048	16	business	business	NOUN
ftr-441	1048	17	job	job	NOUN
ftr-441	1048	18	protection	protection	NOUN
ftr-441	1048	19	act	act	NOUN
ftr-441	1048	20	of	of	ADP
ftr-441	1048	21	1996	1996	NUM
ftr-441	1048	22	,	,	PUNCT
ftr-441	1048	23	pub	pub	NOUN
ftr-441	1048	24	.	.	PUNCT
ftr-441	1049	1	l.	l.	PROPN
ftr-441	1049	2	no	no	INTJ
ftr-441	1049	3	.	.	PROPN
ftr-441	1050	1	104	104	NUM
ftr-441	1050	2	-	-	SYM
ftr-441	1050	3	188	188	NUM
ftr-441	1050	4	,	,	PUNCT
ftr-441	1050	5	110	110	NUM
ftr-441	1050	6	stat	stat	NOUN
ftr-441	1050	7	.	.	PUNCT
ftr-441	1051	1	1755	1755	NUM
ftr-441	1051	2	(	(	PUNCT
ftr-441	1051	3	1996	1996	NUM
ftr-441	1051	4	)	)	PUNCT
ftr-441	1051	5	.	.	PUNCT
ftr-441	1052	1	142	142	NUM
ftr-441	1052	2	.	.	PUNCT
ftr-441	1053	1	the	the	DET
ftr-441	1053	2	"	"	PUNCT
ftr-441	1053	3	s	s	PART
ftr-441	1053	4	corporation	corporation	NOUN
ftr-441	1053	5	reform	reform	PROPN
ftr-441	1053	6	act	act	NOUN
ftr-441	1053	7	of	of	ADP
ftr-441	1053	8	1995	1995	NUM
ftr-441	1053	9	,	,	PUNCT
ftr-441	1053	10	"	"	PUNCT
ftr-441	1053	11	s.	s.	PROPN
ftr-441	1053	12	758	758	NUM
ftr-441	1053	13	,	,	PUNCT
ftr-441	1053	14	reproduced	reproduce	VERB
ftr-441	1053	15	at	at	ADP
ftr-441	1053	16	95	95	NUM
ftr-441	1053	17	tnt	tnt	PROPN
ftr-441	1053	18	88	88	NUM
ftr-441	1053	19	-	-	SYM
ftr-441	1053	20	5	5	NUM
ftr-441	1053	21	(	(	PUNCT
ftr-441	1053	22	may	may	PROPN
ftr-441	1053	23	5	5	NUM
ftr-441	1053	24	,	,	PUNCT
ftr-441	1053	25	1995	1995	NUM
ftr-441	1053	26	)	)	PUNCT
ftr-441	1053	27	(	(	PUNCT
ftr-441	1053	28	lexis	lexis	X
ftr-441	1053	29	,	,	PUNCT
ftr-441	1053	30	fedtax	fedtax	NOUN
ftr-441	1053	31	library	library	NOUN
ftr-441	1053	32	,	,	PUNCT
ftr-441	1053	33	tnt	tnt	NOUN
ftr-441	1053	34	file	file	NOUN
ftr-441	1053	35	)	)	PUNCT
ftr-441	1053	36	,	,	PUNCT
ftr-441	1053	37	as	as	SCONJ
ftr-441	1053	38	drafted	draft	VERB
ftr-441	1053	39	,	,	PUNCT
ftr-441	1053	40	appears	appear	VERB
ftr-441	1053	41	to	to	PART
ftr-441	1053	42	have	have	AUX
ftr-441	1053	43	allowed	allow	VERB
ftr-441	1053	44	for	for	ADP
ftr-441	1053	45	such	such	ADJ
ftr-441	1053	46	manipulation	manipulation	NOUN
ftr-441	1053	47	.	.	PUNCT
ftr-441	1054	1	it	it	PRON
ftr-441	1054	2	would	would	AUX
ftr-441	1054	3	have	have	AUX
ftr-441	1054	4	added	add	VERB
ftr-441	1054	5	§	§	PROPN
ftr-441	1054	6	1361(c)(8	1361(c)(8	NUM
ftr-441	1054	7	)	)	PUNCT
ftr-441	1054	8	to	to	ADP
ftr-441	1054	9	the	the	DET
ftr-441	1054	10	code	code	NOUN
ftr-441	1054	11	,	,	PUNCT
ftr-441	1054	12	under	under	ADP
ftr-441	1054	13	which	which	PRON
ftr-441	1054	14	distributions	distribution	NOUN
ftr-441	1054	15	on	on	ADP
ftr-441	1054	16	qualified	qualified	ADJ
ftr-441	1054	17	preferred	preferred	ADJ
ftr-441	1054	18	stock	stock	NOUN
ftr-441	1054	19	(	(	PUNCT
ftr-441	1054	20	stock	stock	NOUN
ftr-441	1054	21	described	describe	VERB
ftr-441	1054	22	in	in	ADP
ftr-441	1054	23	§	§	PROPN
ftr-441	1054	24	1504(a)(4	1504(a)(4	NUM
ftr-441	1054	25	)	)	PUNCT
ftr-441	1054	26	)	)	PUNCT
ftr-441	1054	27	would	would	AUX
ftr-441	1054	28	have	have	AUX
ftr-441	1054	29	been	be	AUX
ftr-441	1054	30	treated	treat	VERB
ftr-441	1054	31	as	as	ADP
ftr-441	1054	32	interest	interest	NOUN
ftr-441	1054	33	payments	payment	NOUN
ftr-441	1054	34	.	.	PUNCT
ftr-441	1055	1	there	there	PRON
ftr-441	1055	2	is	be	VERB
ftr-441	1055	3	no	no	DET
ftr-441	1055	4	indication	indication	NOUN
ftr-441	1055	5	that	that	SCONJ
ftr-441	1055	6	the	the	DET
ftr-441	1055	7	holder	holder	NOUN
ftr-441	1055	8	of	of	ADP
ftr-441	1055	9	the	the	DET
ftr-441	1055	10	stock	stock	NOUN
ftr-441	1055	11	on	on	ADP
ftr-441	1055	12	the	the	DET
ftr-441	1055	13	record	record	NOUN
ftr-441	1055	14	date	date	NOUN
ftr-441	1055	15	would	would	AUX
ftr-441	1055	16	not	not	PART
ftr-441	1055	17	have	have	AUX
ftr-441	1055	18	been	be	AUX
ftr-441	1055	19	credited	credit	VERB
ftr-441	1055	20	with	with	ADP
ftr-441	1055	21	the	the	DET
ftr-441	1055	22	full	full	ADJ
ftr-441	1055	23	amount	amount	NOUN
ftr-441	1055	24	of	of	ADP
ftr-441	1055	25	interest	interest	NOUN
ftr-441	1055	26	no	no	ADV
ftr-441	1055	27	matter	matter	ADV
ftr-441	1055	28	how	how	SCONJ
ftr-441	1055	29	short	short	ADJ
ftr-441	1055	30	a	a	DET
ftr-441	1055	31	time	time	NOUN
ftr-441	1055	32	period	period	NOUN
ftr-441	1055	33	the	the	DET
ftr-441	1055	34	stock	stock	NOUN
ftr-441	1055	35	had	have	AUX
ftr-441	1055	36	been	be	AUX
ftr-441	1055	37	held	hold	VERB
ftr-441	1055	38	.	.	PUNCT
ftr-441	1056	1	in	in	ADP
ftr-441	1056	2	any	any	DET
ftr-441	1056	3	event	event	NOUN
ftr-441	1056	4	,	,	PUNCT
ftr-441	1056	5	this	this	DET
ftr-441	1056	6	provision	provision	NOUN
ftr-441	1056	7	did	do	AUX
ftr-441	1056	8	not	not	PART
ftr-441	1056	9	become	become	VERB
ftr-441	1056	10	part	part	NOUN
ftr-441	1056	11	of	of	ADP
ftr-441	1056	12	the	the	DET
ftr-441	1056	13	small	small	ADJ
ftr-441	1056	14	business	business	NOUN
ftr-441	1056	15	job	job	NOUN
ftr-441	1056	16	protection	protection	NOUN
ftr-441	1056	17	act	act	NOUN
ftr-441	1056	18	of	of	ADP
ftr-441	1056	19	1996	1996	NUM
ftr-441	1056	20	.	.	PUNCT
ftr-441	1057	1	143	143	NUM
ftr-441	1057	2	.	.	PUNCT
ftr-441	1058	1	income	income	NOUN
ftr-441	1058	2	of	of	ADP
ftr-441	1058	3	the	the	DET
ftr-441	1058	4	entity	entity	NOUN
ftr-441	1058	5	would	would	AUX
ftr-441	1058	6	first	first	ADV
ftr-441	1058	7	be	be	AUX
ftr-441	1058	8	allocated	allocate	VERB
ftr-441	1058	9	to	to	ADP
ftr-441	1058	10	each	each	DET
ftr-441	1058	11	day	day	NOUN
ftr-441	1058	12	of	of	ADP
ftr-441	1058	13	the	the	DET
ftr-441	1058	14	taxable	taxable	ADJ
ftr-441	1058	15	year	year	NOUN
ftr-441	1058	16	.	.	PUNCT
ftr-441	1059	1	hence	hence	ADV
ftr-441	1059	2	,	,	PUNCT
ftr-441	1059	3	if	if	SCONJ
ftr-441	1059	4	an	an	DET
ftr-441	1059	5	owner	owner	NOUN
ftr-441	1059	6	acquires	acquire	VERB
ftr-441	1059	7	all	all	PRON
ftr-441	1059	8	of	of	ADP
ftr-441	1059	9	the	the	DET
ftr-441	1059	10	preferred	preferred	ADJ
ftr-441	1059	11	interests	interest	NOUN
ftr-441	1059	12	on	on	ADP
ftr-441	1059	13	the	the	DET
ftr-441	1059	14	last	last	ADJ
ftr-441	1059	15	day	day	NOUN
ftr-441	1059	16	of	of	ADP
ftr-441	1059	17	the	the	DET
ftr-441	1059	18	year	year	NOUN
ftr-441	1059	19	,	,	PUNCT
ftr-441	1059	20	that	that	DET
ftr-441	1059	21	owner	owner	NOUN
ftr-441	1059	22	can	can	AUX
ftr-441	1059	23	get	get	AUX
ftr-441	1059	24	allocated	allocate	VERB
ftr-441	1059	25	at	at	ADP
ftr-441	1059	26	most	most	ADV
ftr-441	1059	27	all	all	PRON
ftr-441	1059	28	of	of	ADP
ftr-441	1059	29	the	the	DET
ftr-441	1059	30	income	income	NOUN
ftr-441	1059	31	of	of	ADP
ftr-441	1059	32	the	the	DET
ftr-441	1059	33	entity	entity	NOUN
ftr-441	1059	34	allocated	allocate	VERB
ftr-441	1059	35	to	to	ADP
ftr-441	1059	36	that	that	DET
ftr-441	1059	37	day	day	NOUN
ftr-441	1059	38	.	.	PUNCT
ftr-441	1060	1	that	that	DET
ftr-441	1060	2	result	result	NOUN
ftr-441	1060	3	would	would	AUX
ftr-441	1060	4	occur	occur	VERB
ftr-441	1060	5	no	no	ADV
ftr-441	1060	6	matter	matter	ADV
ftr-441	1060	7	how	how	SCONJ
ftr-441	1060	8	great	great	ADJ
ftr-441	1060	9	the	the	DET
ftr-441	1060	10	preference	preference	NOUN
ftr-441	1060	11	of	of	ADP
ftr-441	1060	12	the	the	DET
ftr-441	1060	13	ownership	ownership	NOUN
ftr-441	1060	14	interest	interest	NOUN
ftr-441	1060	15	.	.	PUNCT
ftr-441	1061	1	at	at	ADP
ftr-441	1061	2	most	most	ADV
ftr-441	1061	3	,	,	PUNCT
ftr-441	1061	4	an	an	DET
ftr-441	1061	5	interest	interest	NOUN
ftr-441	1061	6	with	with	ADP
ftr-441	1061	7	a	a	DET
ftr-441	1061	8	large	large	ADJ
ftr-441	1061	9	preference	preference	NOUN
ftr-441	1061	10	could	could	AUX
ftr-441	1061	11	be	be	AUX
ftr-441	1061	12	allocated	allocate	VERB
ftr-441	1061	13	all	all	DET
ftr-441	1061	14	the	the	DET
ftr-441	1061	15	firm	firm	NOUN
ftr-441	1061	16	's	's	PART
ftr-441	1061	17	income	income	NOUN
ftr-441	1061	18	earned	earn	VERB
ftr-441	1061	19	for	for	ADP
ftr-441	1061	20	the	the	DET
ftr-441	1061	21	year	year	NOUN
ftr-441	1061	22	properly	properly	ADV
ftr-441	1061	23	allocable	allocable	ADJ
ftr-441	1061	24	to	to	ADP
ftr-441	1061	25	the	the	DET
ftr-441	1061	26	period	period	NOUN
ftr-441	1061	27	that	that	PRON
ftr-441	1061	28	the	the	DET
ftr-441	1061	29	interest	interest	NOUN
ftr-441	1061	30	was	be	AUX
ftr-441	1061	31	outstanding	outstanding	ADJ
ftr-441	1061	32	.	.	PUNCT
ftr-441	1062	1	[	[	X
ftr-441	1062	2	vol	vol	NOUN
ftr-441	1062	3	4:3	4:3	NUM
ftr-441	1062	4	the	the	DET
ftr-441	1062	5	future	future	ADJ
ftr-441	1062	6	taxation	taxation	NOUN
ftr-441	1062	7	of	of	ADP
ftr-441	1062	8	private	private	ADJ
ftr-441	1062	9	business	business	NOUN
ftr-441	1062	10	firms	firm	NOUN
ftr-441	1062	11	other	other	ADJ
ftr-441	1062	12	concerns	concern	NOUN
ftr-441	1062	13	relate	relate	VERB
ftr-441	1062	14	to	to	ADP
ftr-441	1062	15	the	the	DET
ftr-441	1062	16	character	character	NOUN
ftr-441	1062	17	of	of	ADP
ftr-441	1062	18	income	income	NOUN
ftr-441	1062	19	allocated	allocate	VERB
ftr-441	1062	20	to	to	ADP
ftr-441	1062	21	the	the	DET
ftr-441	1062	22	preference	preference	NOUN
ftr-441	1062	23	holder	holder	NOUN
ftr-441	1062	24	.	.	PUNCT
ftr-441	1063	1	for	for	ADP
ftr-441	1063	2	example	example	NOUN
ftr-441	1063	3	,	,	PUNCT
ftr-441	1063	4	suppose	suppose	VERB
ftr-441	1063	5	a	a	PRON
ftr-441	1063	6	is	be	AUX
ftr-441	1063	7	provided	provide	VERB
ftr-441	1063	8	a	a	DET
ftr-441	1063	9	preferential	preferential	ADJ
ftr-441	1063	10	interest	interest	NOUN
ftr-441	1063	11	equal	equal	ADJ
ftr-441	1063	12	to	to	ADP
ftr-441	1063	13	the	the	DET
ftr-441	1063	14	first	first	ADJ
ftr-441	1063	15	$	$	SYM
ftr-441	1063	16	1,000	1,000	NUM
ftr-441	1063	17	of	of	ADP
ftr-441	1063	18	the	the	DET
ftr-441	1063	19	firm	firm	NOUN
ftr-441	1063	20	's	's	PART
ftr-441	1063	21	income	income	NOUN
ftr-441	1063	22	,	,	PUNCT
ftr-441	1063	23	with	with	ADP
ftr-441	1063	24	any	any	DET
ftr-441	1063	25	additional	additional	ADJ
ftr-441	1063	26	income	income	NOUN
ftr-441	1063	27	and	and	CCONJ
ftr-441	1063	28	all	all	DET
ftr-441	1063	29	losses	loss	NOUN
ftr-441	1063	30	to	to	PART
ftr-441	1063	31	be	be	AUX
ftr-441	1063	32	shared	share	VERB
ftr-441	1063	33	equally	equally	ADV
ftr-441	1063	34	by	by	ADP
ftr-441	1063	35	a	a	PRON
ftr-441	1063	36	and	and	CCONJ
ftr-441	1063	37	b.	b.	PROPN
ftr-441	1063	38	suppose	suppose	VERB
ftr-441	1063	39	during	during	ADP
ftr-441	1063	40	the	the	DET
ftr-441	1063	41	year	year	NOUN
ftr-441	1063	42	,	,	PUNCT
ftr-441	1063	43	the	the	DET
ftr-441	1063	44	firm	firm	NOUN
ftr-441	1063	45	has	have	VERB
ftr-441	1063	46	only	only	ADV
ftr-441	1063	47	$	$	SYM
ftr-441	1063	48	1,200	1,200	NUM
ftr-441	1063	49	of	of	ADP
ftr-441	1063	50	capital	capital	NOUN
ftr-441	1063	51	gain	gain	NOUN
ftr-441	1063	52	income	income	NOUN
ftr-441	1063	53	,	,	PUNCT
ftr-441	1063	54	a	a	DET
ftr-441	1063	55	fact	fact	NOUN
ftr-441	1063	56	reasonably	reasonably	ADV
ftr-441	1063	57	known	known	ADJ
ftr-441	1063	58	to	to	ADP
ftr-441	1063	59	the	the	DET
ftr-441	1063	60	parties	party	NOUN
ftr-441	1063	61	at	at	ADP
ftr-441	1063	62	the	the	DET
ftr-441	1063	63	time	time	NOUN
ftr-441	1063	64	the	the	DET
ftr-441	1063	65	preferential	preferential	ADJ
ftr-441	1063	66	interest	interest	NOUN
ftr-441	1063	67	was	be	AUX
ftr-441	1063	68	created	create	VERB
ftr-441	1063	69	.	.	PUNCT
ftr-441	1064	1	should	should	AUX
ftr-441	1064	2	a	a	PRON
ftr-441	1064	3	's	's	PART
ftr-441	1064	4	preference	preference	NOUN
ftr-441	1064	5	then	then	ADV
ftr-441	1064	6	mean	mean	VERB
ftr-441	1064	7	that	that	SCONJ
ftr-441	1064	8	a	a	PRON
ftr-441	1064	9	is	be	AUX
ftr-441	1064	10	allocated	allocate	VERB
ftr-441	1064	11	$	$	SYM
ftr-441	1064	12	1,100	1,100	NUM
ftr-441	1064	13	and	and	CCONJ
ftr-441	1064	14	b	b	NOUN
ftr-441	1064	15	$	$	SYM
ftr-441	1064	16	100	100	NUM
ftr-441	1064	17	of	of	ADP
ftr-441	1064	18	the	the	DET
ftr-441	1064	19	firm	firm	NOUN
ftr-441	1064	20	's	's	PART
ftr-441	1064	21	capital	capital	NOUN
ftr-441	1064	22	gains	gain	NOUN
ftr-441	1064	23	for	for	ADP
ftr-441	1064	24	the	the	DET
ftr-441	1064	25	year	year	NOUN
ftr-441	1064	26	?	?	PUNCT
ftr-441	1065	1	if	if	SCONJ
ftr-441	1065	2	so	so	ADV
ftr-441	1065	3	,	,	PUNCT
ftr-441	1065	4	it	it	PRON
ftr-441	1065	5	is	be	AUX
ftr-441	1065	6	evident	evident	ADJ
ftr-441	1065	7	that	that	SCONJ
ftr-441	1065	8	the	the	DET
ftr-441	1065	9	strategic	strategic	ADJ
ftr-441	1065	10	utilization	utilization	NOUN
ftr-441	1065	11	of	of	ADP
ftr-441	1065	12	preferential	preferential	ADJ
ftr-441	1065	13	interests	interest	NOUN
ftr-441	1065	14	could	could	AUX
ftr-441	1065	15	easily	easily	ADV
ftr-441	1065	16	permit	permit	VERB
ftr-441	1065	17	the	the	DET
ftr-441	1065	18	equivalent	equivalent	NOUN
ftr-441	1065	19	of	of	ADP
ftr-441	1065	20	special	special	ADJ
ftr-441	1065	21	item	item	NOUN
ftr-441	1065	22	allocations	allocation	NOUN
ftr-441	1065	23	.	.	PUNCT
ftr-441	1065	24	'	'	PUNCT
ftr-441	1065	25	"	"	PUNCT
ftr-441	1065	26	to	to	PART
ftr-441	1065	27	avoid	avoid	VERB
ftr-441	1065	28	such	such	ADJ
ftr-441	1065	29	possibilities	possibility	NOUN
ftr-441	1065	30	and	and	CCONJ
ftr-441	1065	31	to	to	PART
ftr-441	1065	32	be	be	AUX
ftr-441	1065	33	consistent	consistent	ADJ
ftr-441	1065	34	with	with	ADP
ftr-441	1065	35	the	the	DET
ftr-441	1065	36	"	"	PUNCT
ftr-441	1065	37	debt	debt	NOUN
ftr-441	1065	38	-	-	PUNCT
ftr-441	1065	39	like	like	ADJ
ftr-441	1065	40	"	"	PUNCT
ftr-441	1065	41	characterization	characterization	NOUN
ftr-441	1065	42	of	of	ADP
ftr-441	1065	43	the	the	DET
ftr-441	1065	44	preferred	preferred	ADJ
ftr-441	1065	45	interest	interest	NOUN
ftr-441	1065	46	,	,	PUNCT
ftr-441	1065	47	any	any	DET
ftr-441	1065	48	income	income	NOUN
ftr-441	1065	49	allocated	allocate	VERB
ftr-441	1065	50	to	to	ADP
ftr-441	1065	51	the	the	DET
ftr-441	1065	52	preference	preference	NOUN
ftr-441	1065	53	holder	holder	NOUN
ftr-441	1065	54	should	should	AUX
ftr-441	1065	55	be	be	AUX
ftr-441	1065	56	treated	treat	VERB
ftr-441	1065	57	as	as	ADP
ftr-441	1065	58	ordinary	ordinary	ADJ
ftr-441	1065	59	income	income	NOUN
ftr-441	1065	60	with	with	ADP
ftr-441	1065	61	the	the	DET
ftr-441	1065	62	firm	firm	NOUN
ftr-441	1065	63	being	be	AUX
ftr-441	1065	64	provided	provide	VERB
ftr-441	1065	65	with	with	ADP
ftr-441	1065	66	an	an	DET
ftr-441	1065	67	ordinary	ordinary	ADJ
ftr-441	1065	68	deduction	deduction	NOUN
ftr-441	1065	69	.	.	PUNCT
ftr-441	1065	70	'	'	PUNCT
ftr-441	1066	1	the	the	DET
ftr-441	1066	2	preference	preference	NOUN
ftr-441	1066	3	should	should	AUX
ftr-441	1066	4	not	not	PART
ftr-441	1066	5	in	in	ADP
ftr-441	1066	6	any	any	DET
ftr-441	1066	7	other	other	ADJ
ftr-441	1066	8	respect	respect	NOUN
ftr-441	1066	9	affect	affect	VERB
ftr-441	1066	10	the	the	DET
ftr-441	1066	11	amount	amount	NOUN
ftr-441	1066	12	or	or	CCONJ
ftr-441	1066	13	character	character	NOUN
ftr-441	1066	14	of	of	ADP
ftr-441	1066	15	tax	tax	NOUN
ftr-441	1066	16	items	item	NOUN
ftr-441	1066	17	allocated	allocate	VERB
ftr-441	1066	18	to	to	ADP
ftr-441	1066	19	the	the	DET
ftr-441	1066	20	owners	owner	NOUN
ftr-441	1066	21	of	of	ADP
ftr-441	1066	22	the	the	DET
ftr-441	1066	23	firm	firm	NOUN
ftr-441	1066	24	.	.	PUNCT
ftr-441	1066	25	"	"	PUNCT
ftr-441	1067	1	thus	thus	ADV
ftr-441	1067	2	,	,	PUNCT
ftr-441	1067	3	in	in	ADP
ftr-441	1067	4	the	the	DET
ftr-441	1067	5	above	above	ADJ
ftr-441	1067	6	example	example	NOUN
ftr-441	1067	7	,	,	PUNCT
ftr-441	1067	8	a	a	PRON
ftr-441	1067	9	would	would	AUX
ftr-441	1067	10	be	be	AUX
ftr-441	1067	11	allocated	allocate	VERB
ftr-441	1067	12	$	$	SYM
ftr-441	1067	13	1,000	1,000	NUM
ftr-441	1067	14	of	of	ADP
ftr-441	1067	15	ordinary	ordinary	ADJ
ftr-441	1067	16	income	income	NOUN
ftr-441	1067	17	and	and	CCONJ
ftr-441	1067	18	would	would	AUX
ftr-441	1067	19	share	share	VERB
ftr-441	1067	20	equally	equally	ADV
ftr-441	1067	21	with	with	ADP
ftr-441	1067	22	b	b	NOUN
ftr-441	1067	23	in	in	ADP
ftr-441	1067	24	the	the	DET
ftr-441	1067	25	$	$	SYM
ftr-441	1067	26	1,200	1,200	NUM
ftr-441	1067	27	of	of	ADP
ftr-441	1067	28	capital	capital	NOUN
ftr-441	1067	29	gain	gain	NOUN
ftr-441	1067	30	and	and	CCONJ
ftr-441	1067	31	the	the	DET
ftr-441	1067	32	$	$	SYM
ftr-441	1067	33	1,000	1,000	NUM
ftr-441	1067	34	ordinary	ordinary	ADJ
ftr-441	1067	35	deduction	deduction	NOUN
ftr-441	1067	36	of	of	ADP
ftr-441	1067	37	the	the	DET
ftr-441	1067	38	firm	firm	NOUN
ftr-441	1067	39	.	.	PUNCT
ftr-441	1068	1	the	the	DET
ftr-441	1068	2	tax	tax	NOUN
ftr-441	1068	3	result	result	NOUN
ftr-441	1068	4	would	would	AUX
ftr-441	1068	5	be	be	AUX
ftr-441	1068	6	the	the	DET
ftr-441	1068	7	same	same	ADJ
ftr-441	1068	8	as	as	SCONJ
ftr-441	1068	9	if	if	SCONJ
ftr-441	1068	10	a	a	PRON
ftr-441	1068	11	had	have	AUX
ftr-441	1068	12	loaned	loan	VERB
ftr-441	1068	13	funds	fund	NOUN
ftr-441	1068	14	to	to	ADP
ftr-441	1068	15	the	the	DET
ftr-441	1068	16	firm	firm	NOUN
ftr-441	1068	17	and	and	CCONJ
ftr-441	1068	18	been	be	AUX
ftr-441	1068	19	entitled	entitle	VERB
ftr-441	1068	20	to	to	ADP
ftr-441	1068	21	a	a	DET
ftr-441	1068	22	$	$	SYM
ftr-441	1068	23	1,000	1,000	NUM
ftr-441	1068	24	interest	interest	NOUN
ftr-441	1068	25	payment	payment	NOUN
ftr-441	1068	26	that	that	DET
ftr-441	1068	27	year	year	NOUN
ftr-441	1068	28	.	.	PUNCT
ftr-441	1069	1	if	if	SCONJ
ftr-441	1069	2	the	the	DET
ftr-441	1069	3	firm	firm	NOUN
ftr-441	1069	4	has	have	VERB
ftr-441	1069	5	enough	enough	ADJ
ftr-441	1069	6	income	income	NOUN
ftr-441	1069	7	to	to	PART
ftr-441	1069	8	support	support	VERB
ftr-441	1069	9	the	the	DET
ftr-441	1069	10	preference	preference	NOUN
ftr-441	1069	11	but	but	CCONJ
ftr-441	1069	12	does	do	AUX
ftr-441	1069	13	not	not	PART
ftr-441	1069	14	distribute	distribute	VERB
ftr-441	1069	15	the	the	DET
ftr-441	1069	16	full	full	ADJ
ftr-441	1069	17	preferred	preferred	ADJ
ftr-441	1069	18	amount	amount	NOUN
ftr-441	1069	19	,	,	PUNCT
ftr-441	1069	20	one	one	NUM
ftr-441	1069	21	possible	possible	ADJ
ftr-441	1069	22	rule	rule	NOUN
ftr-441	1069	23	would	would	AUX
ftr-441	1069	24	be	be	AUX
ftr-441	1069	25	to	to	PART
ftr-441	1069	26	defer	defer	VERB
ftr-441	1069	27	the	the	DET
ftr-441	1069	28	tax	tax	NOUN
ftr-441	1069	29	consequences	consequence	NOUN
ftr-441	1069	30	of	of	ADP
ftr-441	1069	31	the	the	DET
ftr-441	1069	32	unpaid	unpaid	ADJ
ftr-441	1069	33	amount	amount	NOUN
ftr-441	1069	34	until	until	ADP
ftr-441	1069	35	paymenl	paymenl	NOUN
ftr-441	1069	36	'	'	PART
ftr-441	1069	37	47	47	NUM
ftr-441	1069	38	alternatively	alternatively	ADV
ftr-441	1069	39	,	,	PUNCT
ftr-441	1069	40	the	the	DET
ftr-441	1069	41	144	144	NUM
ftr-441	1069	42	.	.	PUNCT
ftr-441	1070	1	moreover	moreover	ADV
ftr-441	1070	2	,	,	PUNCT
ftr-441	1070	3	if	if	SCONJ
ftr-441	1070	4	the	the	DET
ftr-441	1070	5	firm	firm	NOUN
ftr-441	1070	6	had	have	AUX
ftr-441	1070	7	,	,	PUNCT
ftr-441	1070	8	say	say	INTJ
ftr-441	1070	9	,	,	PUNCT
ftr-441	1070	10	$	$	SYM
ftr-441	1070	11	1,200	1,200	NUM
ftr-441	1070	12	of	of	ADP
ftr-441	1070	13	capital	capital	NOUN
ftr-441	1070	14	gains	gain	NOUN
ftr-441	1070	15	and	and	CCONJ
ftr-441	1070	16	s800	s800	PROPN
ftr-441	1070	17	of	of	ADP
ftr-441	1070	18	ordinary	ordinary	ADJ
ftr-441	1070	19	income	income	NOUN
ftr-441	1070	20	for	for	ADP
ftr-441	1070	21	the	the	DET
ftr-441	1070	22	year	year	NOUN
ftr-441	1070	23	,	,	PUNCT
ftr-441	1070	24	what	what	PRON
ftr-441	1070	25	should	should	AUX
ftr-441	1070	26	be	be	AUX
ftr-441	1070	27	the	the	DET
ftr-441	1070	28	character	character	NOUN
ftr-441	1070	29	of	of	ADP
ftr-441	1070	30	a	a	DET
ftr-441	1070	31	's	's	PART
ftr-441	1070	32	income	income	NOUN
ftr-441	1070	33	preference	preference	NOUN
ftr-441	1070	34	?	?	PUNCT
ftr-441	1071	1	145	145	NUM
ftr-441	1071	2	.	.	PUNCT
ftr-441	1071	3	section	section	NOUN
ftr-441	1071	4	201	201	NUM
ftr-441	1071	5	of	of	ADP
ftr-441	1071	6	s.	s.	PROPN
ftr-441	1071	7	758	758	NUM
ftr-441	1071	8	,	,	PUNCT
ftr-441	1071	9	the	the	DET
ftr-441	1071	10	"	"	PUNCT
ftr-441	1071	11	s	s	PART
ftr-441	1071	12	corporation	corporation	NOUN
ftr-441	1071	13	reform	reform	PROPN
ftr-441	1071	14	act	act	NOUN
ftr-441	1071	15	of	of	ADP
ftr-441	1071	16	1995	1995	NUM
ftr-441	1071	17	,	,	PUNCT
ftr-441	1071	18	"	"	PUNCT
ftr-441	1071	19	supra	supra	ADJ
ftr-441	1071	20	note	note	NOUN
ftr-441	1071	21	141	141	NUM
ftr-441	1071	22	,	,	PUNCT
ftr-441	1071	23	would	would	AUX
ftr-441	1071	24	have	have	AUX
ftr-441	1071	25	imposed	impose	VERB
ftr-441	1071	26	this	this	DET
ftr-441	1071	27	requirement	requirement	NOUN
ftr-441	1071	28	with	with	ADP
ftr-441	1071	29	respect	respect	NOUN
ftr-441	1071	30	to	to	ADP
ftr-441	1071	31	its	its	PRON
ftr-441	1071	32	qualifying	qualify	VERB
ftr-441	1071	33	preferred	prefer	VERB
ftr-441	1071	34	stock	stock	NOUN
ftr-441	1071	35	interest	interest	NOUN
ftr-441	1071	36	.	.	PUNCT
ftr-441	1072	1	146	146	NUM
ftr-441	1072	2	.	.	PUNCT
ftr-441	1073	1	i	i	PRON
ftr-441	1073	2	d.	d.	PROPN
ftr-441	1073	3	at	at	ADP
ftr-441	1073	4	§	§	PROPN
ftr-441	1073	5	201(b)(2	201(b)(2	PROPN
ftr-441	1073	6	)	)	PUNCT
ftr-441	1073	7	(	(	PUNCT
ftr-441	1073	8	holders	holder	NOUN
ftr-441	1073	9	of	of	ADP
ftr-441	1073	10	preferred	preferred	ADJ
ftr-441	1073	11	stock	stock	NOUN
ftr-441	1073	12	not	not	PART
ftr-441	1073	13	allocated	allocate	VERB
ftr-441	1073	14	any	any	PRON
ftr-441	1073	15	of	of	ADP
ftr-441	1073	16	the	the	DET
ftr-441	1073	17	s	s	PART
ftr-441	1073	18	corporation	corporation	NOUN
ftr-441	1073	19	's	's	PART
ftr-441	1073	20	§	§	PROPN
ftr-441	1073	21	1366(a)(1	1366(a)(1	NUM
ftr-441	1073	22	)	)	PUNCT
ftr-441	1073	23	items	item	NOUN
ftr-441	1073	24	)	)	PUNCT
ftr-441	1073	25	.	.	PUNCT
ftr-441	1074	1	147	147	NUM
ftr-441	1074	2	.	.	PUNCT
ftr-441	1075	1	this	this	DET
ftr-441	1075	2	treatment	treatment	NOUN
ftr-441	1075	3	would	would	AUX
ftr-441	1075	4	be	be	AUX
ftr-441	1075	5	consistent	consistent	ADJ
ftr-441	1075	6	with	with	ADP
ftr-441	1075	7	an	an	DET
ftr-441	1075	8	idea	idea	NOUN
ftr-441	1075	9	long	long	ADV
ftr-441	1075	10	advocated	advocate	VERB
ftr-441	1075	11	by	by	ADP
ftr-441	1075	12	professor	professor	NOUN
ftr-441	1075	13	eustice	eustice	NOUN
ftr-441	1075	14	in	in	ADP
ftr-441	1075	15	connection	connection	NOUN
ftr-441	1075	16	with	with	ADP
ftr-441	1075	17	subchapter	subchapter	NOUN
ftr-441	1075	18	s.	s.	PROPN
ftr-441	1075	19	professor	professor	PROPN
ftr-441	1075	20	eustice	eustice	NOUN
ftr-441	1075	21	would	would	AUX
ftr-441	1075	22	permit	permit	VERB
ftr-441	1075	23	an	an	DET
ftr-441	1075	24	s	s	X
ftr-441	1075	25	corporation	corporation	NOUN
ftr-441	1075	26	to	to	PART
ftr-441	1075	27	have	have	VERB
ftr-441	1075	28	a	a	DET
ftr-441	1075	29	single	single	ADJ
ftr-441	1075	30	class	class	NOUN
ftr-441	1075	31	of	of	ADP
ftr-441	1075	32	common	common	ADJ
ftr-441	1075	33	stock	stock	NOUN
ftr-441	1075	34	and	and	CCONJ
ftr-441	1075	35	any	any	DET
ftr-441	1075	36	number	number	NOUN
ftr-441	1075	37	of	of	ADP
ftr-441	1075	38	classes	class	NOUN
ftr-441	1075	39	of	of	ADP
ftr-441	1075	40	preferred	preferred	ADJ
ftr-441	1075	41	stock	stock	NOUN
ftr-441	1075	42	,	,	PUNCT
ftr-441	1075	43	including	include	VERB
ftr-441	1075	44	participating	participate	VERB
ftr-441	1075	45	preferred	prefer	VERB
ftr-441	1075	46	(	(	PUNCT
ftr-441	1075	47	which	which	PRON
ftr-441	1075	48	he	he	PRON
ftr-441	1075	49	would	would	AUX
ftr-441	1075	50	treat	treat	VERB
ftr-441	1075	51	as	as	ADP
ftr-441	1075	52	preferred	preferred	ADJ
ftr-441	1075	53	stock	stock	NOUN
ftr-441	1075	54	,	,	PUNCT
ftr-441	1075	55	and	and	CCONJ
ftr-441	1075	56	not	not	PART
ftr-441	1075	57	common	common	ADJ
ftr-441	1075	58	,	,	PUNCT
ftr-441	1075	59	in	in	ADP
ftr-441	1075	60	his	his	PRON
ftr-441	1075	61	allocation	allocation	NOUN
ftr-441	1075	62	scheme	scheme	NOUN
ftr-441	1075	63	)	)	PUNCT
ftr-441	1075	64	.	.	PUNCT
ftr-441	1076	1	dividends	dividend	NOUN
ftr-441	1076	2	actually	actually	ADV
ftr-441	1076	3	paid	pay	VERB
ftr-441	1076	4	on	on	ADP
ftr-441	1076	5	the	the	DET
ftr-441	1076	6	preferred	preferred	ADJ
ftr-441	1076	7	stock	stock	NOUN
ftr-441	1076	8	would	would	AUX
ftr-441	1076	9	be	be	AUX
ftr-441	1076	10	taxable	taxable	ADJ
ftr-441	1076	11	as	as	ADP
ftr-441	1076	12	ordinary	ordinary	ADJ
ftr-441	1076	13	income	income	NOUN
ftr-441	1076	14	to	to	ADP
ftr-441	1076	15	the	the	DET
ftr-441	1076	16	shareholders	shareholder	NOUN
ftr-441	1076	17	without	without	ADP
ftr-441	1076	18	regard	regard	NOUN
ftr-441	1076	19	to	to	ADP
ftr-441	1076	20	the	the	DET
ftr-441	1076	21	corporation	corporation	NOUN
ftr-441	1076	22	's	's	PART
ftr-441	1076	23	earnings	earning	NOUN
ftr-441	1076	24	or	or	CCONJ
ftr-441	1076	25	profits	profit	NOUN
ftr-441	1076	26	or	or	CCONJ
ftr-441	1076	27	other	other	ADJ
ftr-441	1076	28	indication	indication	NOUN
ftr-441	1076	29	of	of	ADP
ftr-441	1076	30	income	income	NOUN
ftr-441	1076	31	,	,	PUNCT
ftr-441	1076	32	and	and	CCONJ
ftr-441	1076	33	the	the	DET
ftr-441	1076	34	corporation	corporation	NOUN
ftr-441	1076	35	would	would	AUX
ftr-441	1076	36	be	be	AUX
ftr-441	1076	37	allowed	allow	VERB
ftr-441	1076	38	to	to	PART
ftr-441	1076	39	deduct	deduct	VERB
ftr-441	1076	40	the	the	DET
ftr-441	1076	41	amount	amount	NOUN
ftr-441	1076	42	of	of	ADP
ftr-441	1076	43	dividends	dividend	NOUN
ftr-441	1076	44	actually	actually	ADV
ftr-441	1076	45	paid	pay	VERB
ftr-441	1076	46	.	.	PUNCT
ftr-441	1077	1	thus	thus	ADV
ftr-441	1077	2	,	,	PUNCT
ftr-441	1077	3	he	he	PRON
ftr-441	1077	4	would	would	AUX
ftr-441	1077	5	place	place	VERB
ftr-441	1077	6	both	both	DET
ftr-441	1077	7	shareholders	shareholder	NOUN
ftr-441	1077	8	and	and	CCONJ
ftr-441	1077	9	the	the	DET
ftr-441	1077	10	corporation	corporation	NOUN
ftr-441	1077	11	on	on	ADP
ftr-441	1077	12	the	the	DET
ftr-441	1077	13	cash	cash	NOUN
ftr-441	1077	14	method	method	NOUN
ftr-441	1077	15	of	of	ADP
ftr-441	1077	16	accounting	account	VERB
ftr-441	1077	17	with	with	ADP
ftr-441	1077	18	respect	respect	NOUN
ftr-441	1077	19	to	to	ADP
ftr-441	1077	20	dividends	dividend	NOUN
ftr-441	1077	21	.	.	PUNCT
ftr-441	1078	1	the	the	DET
ftr-441	1078	2	corporate	corporate	ADJ
ftr-441	1078	3	dividends	dividend	NOUN
ftr-441	1078	4	-	-	PUNCT
ftr-441	1078	5	paid	pay	VERB
ftr-441	1078	6	deduction	deduction	NOUN
ftr-441	1078	7	could	could	AUX
ftr-441	1078	8	not	not	PART
ftr-441	1078	9	,	,	PUNCT
ftr-441	1078	10	however	however	ADV
ftr-441	1078	11	,	,	PUNCT
ftr-441	1078	12	create	create	VERB
ftr-441	1078	13	a	a	DET
ftr-441	1078	14	loss	loss	NOUN
ftr-441	1078	15	;	;	PUNCT
ftr-441	1078	16	the	the	DET
ftr-441	1078	17	excess	excess	NOUN
ftr-441	1078	18	of	of	ADP
ftr-441	1078	19	such	such	DET
ftr-441	1078	20	a	a	DET
ftr-441	1078	21	deduction	deduction	NOUN
ftr-441	1078	22	over	over	ADP
ftr-441	1078	23	corporate	corporate	ADJ
ftr-441	1078	24	income	income	NOUN
ftr-441	1078	25	would	would	AUX
ftr-441	1078	26	have	have	VERB
ftr-441	1078	27	to	to	PART
ftr-441	1078	28	be	be	AUX
ftr-441	1078	29	carried	carry	VERB
ftr-441	1078	30	forward	forward	ADV
ftr-441	1078	31	within	within	ADP
ftr-441	1078	32	the	the	DET
ftr-441	1078	33	entity	entity	NOUN
ftr-441	1078	34	.	.	PUNCT
ftr-441	1079	1	other	other	ADJ
ftr-441	1079	2	losses	loss	NOUN
ftr-441	1079	3	and	and	CCONJ
ftr-441	1079	4	any	any	DET
ftr-441	1079	5	remaining	remain	VERB
ftr-441	1079	6	income	income	NOUN
ftr-441	1079	7	of	of	ADP
ftr-441	1079	8	the	the	DET
ftr-441	1079	9	firm	firm	NOUN
ftr-441	1079	10	would	would	AUX
ftr-441	1079	11	be	be	AUX
ftr-441	1079	12	passed	pass	VERB
ftr-441	1079	13	through	through	ADP
ftr-441	1079	14	to	to	ADP
ftr-441	1079	15	the	the	DET
ftr-441	1079	16	common	common	ADJ
ftr-441	1079	17	shareholders	shareholder	NOUN
ftr-441	1079	18	on	on	ADP
ftr-441	1079	19	a	a	DET
ftr-441	1079	20	per	per	ADP
ftr-441	1079	21	-	-	PUNCT
ftr-441	1079	22	day	day	NOUN
ftr-441	1079	23	,	,	PUNCT
ftr-441	1079	24	per	per	ADP
ftr-441	1079	25	-	-	PUNCT
ftr-441	1079	26	share	share	NOUN
ftr-441	1079	27	basis	basis	NOUN
ftr-441	1079	28	.	.	PUNCT
ftr-441	1080	1	see	see	VERB
ftr-441	1080	2	james	james	PROPN
ftr-441	1080	3	s.	s.	PROPN
ftr-441	1080	4	eustice	eustice	PROPN
ftr-441	1080	5	,	,	PUNCT
ftr-441	1080	6	subchapter	subchapter	NOUN
ftr-441	1080	7	s	s	PART
ftr-441	1080	8	corporations	corporation	NOUN
ftr-441	1080	9	and	and	CCONJ
ftr-441	1080	10	partnerships	partnership	NOUN
ftr-441	1080	11	:	:	PUNCT
ftr-441	1080	12	a	a	DET
ftr-441	1080	13	search	search	NOUN
ftr-441	1080	14	for	for	ADP
ftr-441	1080	15	the	the	DET
ftr-441	1080	16	pass	pass	NOUN
ftr-441	1080	17	through	through	ADP
ftr-441	1080	18	paradigm	paradigm	NOUN
ftr-441	1080	19	(	(	PUNCT
ftr-441	1080	20	some	some	DET
ftr-441	1080	21	preliminary	preliminary	ADJ
ftr-441	1080	22	proposals	proposal	NOUN
ftr-441	1080	23	)	)	PUNCT
ftr-441	1080	24	,	,	PUNCT
ftr-441	1080	25	39	39	NUM
ftr-441	1080	26	tax	tax	NOUN
ftr-441	1080	27	l.	l.	PROPN
ftr-441	1080	28	rev	rev	PROPN
ftr-441	1080	29	.	.	PROPN
ftr-441	1080	30	345	345	NUM
ftr-441	1080	31	,	,	PUNCT
ftr-441	1080	32	366	366	NUM
ftr-441	1080	33	(	(	PUNCT
ftr-441	1080	34	1984	1984	NUM
ftr-441	1080	35	)	)	PUNCT
ftr-441	1080	36	(	(	PUNCT
ftr-441	1080	37	a	a	DET
ftr-441	1080	38	single	single	ADJ
ftr-441	1080	39	class	class	NOUN
ftr-441	1080	40	of	of	ADP
ftr-441	1080	41	preferred	preferred	ADJ
ftr-441	1080	42	stock	stock	NOUN
ftr-441	1080	43	)	)	PUNCT
ftr-441	1080	44	;	;	PUNCT
ftr-441	1080	45	eustice	eustice	NOUN
ftr-441	1080	46	&	&	CCONJ
ftr-441	1080	47	kuntz	kuntz	PROPN
ftr-441	1080	48	,	,	PUNCT
ftr-441	1080	49	supra	supra	PROPN
ftr-441	1080	50	note	note	PROPN
ftr-441	1080	51	140	140	NUM
ftr-441	1080	52	,	,	PUNCT
ftr-441	1080	53	at	at	ADP
ftr-441	1080	54	1.0312][b][v	1.0312][b][v	NUM
ftr-441	1080	55	]	]	X
ftr-441	1080	56	(	(	PUNCT
ftr-441	1080	57	multiple	multiple	ADJ
ftr-441	1080	58	classes	class	NOUN
ftr-441	1080	59	)	)	PUNCT
ftr-441	1080	60	;	;	PUNCT
ftr-441	1080	61	see	see	VERB
ftr-441	1080	62	also	also	ADV
ftr-441	1080	63	berger	berger	PROPN
ftr-441	1080	64	,	,	PUNCT
ftr-441	1080	65	supra	supra	PROPN
ftr-441	1080	66	note	note	PROPN
ftr-441	1080	67	63	63	NUM
ftr-441	1080	68	,	,	PUNCT
ftr-441	1080	69	at	at	ADP
ftr-441	1080	70	141	141	NUM
ftr-441	1080	71	(	(	PUNCT
ftr-441	1080	72	endorses	endorse	VERB
ftr-441	1080	73	eustice	eustice	NOUN
ftr-441	1080	74	and	and	CCONJ
ftr-441	1080	75	kuntz	kuntz	PROPN
ftr-441	1080	76	proposal	proposal	NOUN
ftr-441	1080	77	)	)	PUNCT
ftr-441	1080	78	;	;	PUNCT
ftr-441	1080	79	aba	aba	PROPN
ftr-441	1080	80	section	section	NOUN
ftr-441	1080	81	of	of	ADP
ftr-441	1080	82	1999	1999	NUM
ftr-441	1080	83	]	]	PUNCT
ftr-441	1080	84	florida	florida	PROPN
ftr-441	1080	85	tax	tax	PROPN
ftr-441	1080	86	review	review	NOUN
ftr-441	1080	87	allocation	allocation	NOUN
ftr-441	1080	88	of	of	ADP
ftr-441	1080	89	ordinary	ordinary	ADJ
ftr-441	1080	90	income	income	NOUN
ftr-441	1080	91	(	(	PUNCT
ftr-441	1080	92	with	with	ADP
ftr-441	1080	93	accompanying	accompany	VERB
ftr-441	1080	94	ordinary	ordinary	ADJ
ftr-441	1080	95	deduction	deduction	NOUN
ftr-441	1080	96	for	for	ADP
ftr-441	1080	97	the	the	DET
ftr-441	1080	98	firm	firm	NOUN
ftr-441	1080	99	)	)	PUNCT
ftr-441	1080	100	might	might	AUX
ftr-441	1080	101	take	take	VERB
ftr-441	1080	102	place	place	NOUN
ftr-441	1080	103	in	in	ADP
ftr-441	1080	104	the	the	DET
ftr-441	1080	105	current	current	ADJ
ftr-441	1080	106	year	year	NOUN
ftr-441	1080	107	,	,	PUNCT
ftr-441	1080	108	as	as	SCONJ
ftr-441	1080	109	would	would	AUX
ftr-441	1080	110	generally	generally	ADV
ftr-441	1080	111	be	be	AUX
ftr-441	1080	112	true	true	ADJ
ftr-441	1080	113	in	in	ADP
ftr-441	1080	114	the	the	DET
ftr-441	1080	115	case	case	NOUN
ftr-441	1080	116	of	of	ADP
ftr-441	1080	117	a	a	DET
ftr-441	1080	118	deferred	deferred	ADJ
ftr-441	1080	119	payment	payment	NOUN
ftr-441	1080	120	of	of	ADP
ftr-441	1080	121	interest	interest	NOUN
ftr-441	1080	122	.	.	PUNCT
ftr-441	1081	1	48	48	NUM
ftr-441	1081	2	in	in	ADP
ftr-441	1081	3	that	that	DET
ftr-441	1081	4	case	case	NOUN
ftr-441	1081	5	,	,	PUNCT
ftr-441	1081	6	if	if	SCONJ
ftr-441	1081	7	the	the	DET
ftr-441	1081	8	preference	preference	NOUN
ftr-441	1081	9	is	be	AUX
ftr-441	1081	10	not	not	PART
ftr-441	1081	11	satisfied	satisfied	ADJ
ftr-441	1081	12	by	by	ADP
ftr-441	1081	13	the	the	DET
ftr-441	1081	14	time	time	NOUN
ftr-441	1081	15	the	the	DET
ftr-441	1081	16	holder	holder	NOUN
ftr-441	1081	17	terminates	terminate	VERB
ftr-441	1081	18	his	his	PRON
ftr-441	1081	19	or	or	CCONJ
ftr-441	1081	20	her	her	PRON
ftr-441	1081	21	investment	investment	NOUN
ftr-441	1081	22	in	in	ADP
ftr-441	1081	23	the	the	DET
ftr-441	1081	24	firm	firm	NOUN
ftr-441	1081	25	,	,	PUNCT
ftr-441	1081	26	then	then	ADV
ftr-441	1081	27	the	the	DET
ftr-441	1081	28	tax	tax	NOUN
ftr-441	1081	29	treatment	treatment	NOUN
ftr-441	1081	30	would	would	AUX
ftr-441	1081	31	be	be	AUX
ftr-441	1081	32	the	the	DET
ftr-441	1081	33	same	same	ADJ
ftr-441	1081	34	as	as	ADP
ftr-441	1081	35	cancellation	cancellation	NOUN
ftr-441	1081	36	of	of	ADP
ftr-441	1081	37	a	a	DET
ftr-441	1081	38	debt	debt	NOUN
ftr-441	1081	39	obligation	obligation	NOUN
ftr-441	1081	40	-	-	PUNCT
ftr-441	1081	41	the	the	DET
ftr-441	1081	42	preference	preference	NOUN
ftr-441	1081	43	holder	holder	NOUN
ftr-441	1081	44	would	would	AUX
ftr-441	1081	45	be	be	AUX
ftr-441	1081	46	entitled	entitle	VERB
ftr-441	1081	47	at	at	ADP
ftr-441	1081	48	that	that	DET
ftr-441	1081	49	time	time	NOUN
ftr-441	1081	50	to	to	ADP
ftr-441	1081	51	a	a	DET
ftr-441	1081	52	bad	bad	ADJ
ftr-441	1081	53	debt	debt	NOUN
ftr-441	1081	54	deduction	deduction	NOUN
ftr-441	1081	55	and	and	CCONJ
ftr-441	1081	56	the	the	DET
ftr-441	1081	57	firm	firm	NOUN
ftr-441	1081	58	would	would	AUX
ftr-441	1081	59	have	have	VERB
ftr-441	1081	60	cancellation	cancellation	NOUN
ftr-441	1081	61	of	of	ADP
ftr-441	1081	62	indebtedness	indebtedness	NOUN
ftr-441	1081	63	income	income	NOUN
ftr-441	1081	64	.	.	PUNCT
ftr-441	1082	1	other	other	ADJ
ftr-441	1082	2	possible	possible	ADJ
ftr-441	1082	3	manipulative	manipulative	ADJ
ftr-441	1082	4	uses	use	NOUN
ftr-441	1082	5	of	of	ADP
ftr-441	1082	6	a	a	DET
ftr-441	1082	7	preferred	preferred	ADJ
ftr-441	1082	8	interest	interest	NOUN
ftr-441	1082	9	would	would	AUX
ftr-441	1082	10	be	be	AUX
ftr-441	1082	11	mitigated	mitigate	VERB
ftr-441	1082	12	by	by	ADP
ftr-441	1082	13	the	the	DET
ftr-441	1082	14	ownership	ownership	NOUN
ftr-441	1082	15	restrictions	restriction	NOUN
ftr-441	1082	16	of	of	ADP
ftr-441	1082	17	an	an	DET
ftr-441	1082	18	spbf	spbf	NOUN
ftr-441	1082	19	.	.	PUNCT
ftr-441	1083	1	suppose	suppose	VERB
ftr-441	1083	2	,	,	PUNCT
ftr-441	1083	3	for	for	ADP
ftr-441	1083	4	example	example	NOUN
ftr-441	1083	5	,	,	PUNCT
ftr-441	1083	6	that	that	SCONJ
ftr-441	1083	7	preferred	preferred	ADJ
ftr-441	1083	8	interests	interest	NOUN
ftr-441	1083	9	and	and	CCONJ
ftr-441	1083	10	residual	residual	ADJ
ftr-441	1083	11	interests	interest	NOUN
ftr-441	1083	12	of	of	ADP
ftr-441	1083	13	the	the	DET
ftr-441	1083	14	same	same	ADJ
ftr-441	1083	15	firm	firm	NOUN
ftr-441	1083	16	could	could	AUX
ftr-441	1083	17	be	be	AUX
ftr-441	1083	18	exchanged	exchange	VERB
ftr-441	1083	19	tax	tax	NOUN
ftr-441	1083	20	-	-	PUNCT
ftr-441	1083	21	free	free	ADJ
ftr-441	1083	22	,	,	PUNCT
ftr-441	1083	23	either	either	CCONJ
ftr-441	1083	24	directly	directly	ADV
ftr-441	1083	25	in	in	ADP
ftr-441	1083	26	a	a	DET
ftr-441	1083	27	tax	tax	NOUN
ftr-441	1083	28	-	-	PUNCT
ftr-441	1083	29	free	free	ADJ
ftr-441	1083	30	recapitalization	recapitalization	NOUN
ftr-441	1083	31	or	or	CCONJ
ftr-441	1083	32	indirectly	indirectly	ADV
ftr-441	1083	33	through	through	ADP
ftr-441	1083	34	a	a	DET
ftr-441	1083	35	combination	combination	NOUN
ftr-441	1083	36	of	of	ADP
ftr-441	1083	37	contributions	contribution	NOUN
ftr-441	1083	38	and	and	CCONJ
ftr-441	1083	39	distributions	distribution	NOUN
ftr-441	1083	40	.	.	PUNCT
ftr-441	1084	1	the	the	DET
ftr-441	1084	2	special	special	ADJ
ftr-441	1084	3	allocation	allocation	NOUN
ftr-441	1084	4	rules	rule	NOUN
ftr-441	1084	5	in	in	ADP
ftr-441	1084	6	the	the	DET
ftr-441	1084	7	partnership	partnership	NOUN
ftr-441	1084	8	area	area	NOUN
ftr-441	1084	9	basically	basically	ADV
ftr-441	1084	10	permit	permit	VERB
ftr-441	1084	11	tax	tax	NOUN
ftr-441	1084	12	-	-	PUNCT
ftr-441	1084	13	free	free	ADJ
ftr-441	1084	14	exchanges	exchange	NOUN
ftr-441	1084	15	because	because	SCONJ
ftr-441	1084	16	allocations	allocation	NOUN
ftr-441	1084	17	can	can	AUX
ftr-441	1084	18	be	be	AUX
ftr-441	1084	19	changed	change	VERB
ftr-441	1084	20	from	from	ADP
ftr-441	1084	21	one	one	NUM
ftr-441	1084	22	year	year	NOUN
ftr-441	1084	23	to	to	ADP
ftr-441	1084	24	the	the	DET
ftr-441	1084	25	next	next	ADJ
ftr-441	1084	26	without	without	ADP
ftr-441	1084	27	tax	tax	NOUN
ftr-441	1084	28	consequences	consequence	NOUN
ftr-441	1084	29	.	.	PUNCT
ftr-441	1085	1	ordinarily	ordinarily	ADV
ftr-441	1085	2	,	,	PUNCT
ftr-441	1085	3	if	if	SCONJ
ftr-441	1085	4	investors	investor	NOUN
ftr-441	1085	5	a	a	PRON
ftr-441	1085	6	and	and	CCONJ
ftr-441	1085	7	b	b	NOUN
ftr-441	1085	8	could	could	AUX
ftr-441	1085	9	change	change	VERB
ftr-441	1085	10	their	their	PRON
ftr-441	1085	11	positions	position	NOUN
ftr-441	1085	12	as	as	ADP
ftr-441	1085	13	preferred	preferred	ADJ
ftr-441	1085	14	and	and	CCONJ
ftr-441	1085	15	residual	residual	ADJ
ftr-441	1085	16	interest	interest	NOUN
ftr-441	1085	17	holders	holder	NOUN
ftr-441	1085	18	from	from	ADP
ftr-441	1085	19	one	one	NUM
ftr-441	1085	20	year	year	NOUN
ftr-441	1085	21	to	to	ADP
ftr-441	1085	22	the	the	DET
ftr-441	1085	23	next	next	ADJ
ftr-441	1085	24	without	without	ADP
ftr-441	1085	25	tax	tax	NOUN
ftr-441	1085	26	consequences	consequence	NOUN
ftr-441	1085	27	,	,	PUNCT
ftr-441	1085	28	then	then	ADV
ftr-441	1085	29	important	important	ADJ
ftr-441	1085	30	tax	tax	NOUN
ftr-441	1085	31	advantages	advantage	NOUN
ftr-441	1085	32	might	might	AUX
ftr-441	1085	33	result	result	VERB
ftr-441	1085	34	.	.	PUNCT
ftr-441	1086	1	but	but	CCONJ
ftr-441	1086	2	the	the	DET
ftr-441	1086	3	extent	extent	NOUN
ftr-441	1086	4	of	of	ADP
ftr-441	1086	5	the	the	DET
ftr-441	1086	6	advantage	advantage	NOUN
ftr-441	1086	7	would	would	AUX
ftr-441	1086	8	depend	depend	VERB
ftr-441	1086	9	upon	upon	SCONJ
ftr-441	1086	10	how	how	SCONJ
ftr-441	1086	11	different	different	ADJ
ftr-441	1086	12	the	the	DET
ftr-441	1086	13	investors	investor	NOUN
ftr-441	1086	14	'	'	PART
ftr-441	1086	15	tax	tax	NOUN
ftr-441	1086	16	profiles	profile	NOUN
ftr-441	1086	17	are	be	AUX
ftr-441	1086	18	,	,	PUNCT
ftr-441	1086	19	something	something	PRON
ftr-441	1086	20	the	the	DET
ftr-441	1086	21	ownership	ownership	NOUN
ftr-441	1086	22	restrictions	restriction	NOUN
ftr-441	1086	23	are	be	AUX
ftr-441	1086	24	designed	design	VERB
ftr-441	1086	25	to	to	PART
ftr-441	1086	26	restrict	restrict	VERB
ftr-441	1086	27	.	.	PUNCT
ftr-441	1087	1	in	in	ADP
ftr-441	1087	2	summary	summary	NOUN
ftr-441	1087	3	,	,	PUNCT
ftr-441	1087	4	the	the	DET
ftr-441	1087	5	proposal	proposal	NOUN
ftr-441	1087	6	merely	merely	ADV
ftr-441	1087	7	limits	limit	VERB
ftr-441	1087	8	an	an	DET
ftr-441	1087	9	spbf	spbf	NOUN
ftr-441	1087	10	to	to	ADP
ftr-441	1087	11	having	have	VERB
ftr-441	1087	12	only	only	ADV
ftr-441	1087	13	one	one	NUM
ftr-441	1087	14	class	class	NOUN
ftr-441	1087	15	of	of	ADP
ftr-441	1087	16	residual	residual	ADJ
ftr-441	1087	17	ownership	ownership	NOUN
ftr-441	1087	18	interests	interest	NOUN
ftr-441	1087	19	.	.	PUNCT
ftr-441	1088	1	every	every	DET
ftr-441	1088	2	outstanding	outstanding	ADJ
ftr-441	1088	3	interest	interest	NOUN
ftr-441	1088	4	in	in	ADP
ftr-441	1088	5	the	the	DET
ftr-441	1088	6	residual	residual	ADJ
ftr-441	1088	7	class	class	NOUN
ftr-441	1088	8	must	must	AUX
ftr-441	1088	9	confer	confer	VERB
ftr-441	1088	10	identical	identical	ADJ
ftr-441	1088	11	rights	right	NOUN
ftr-441	1088	12	with	with	ADP
ftr-441	1088	13	respect	respect	NOUN
ftr-441	1088	14	to	to	ADP
ftr-441	1088	15	income	income	NOUN
ftr-441	1088	16	,	,	PUNCT
ftr-441	1088	17	loss	loss	NOUN
ftr-441	1088	18	,	,	PUNCT
ftr-441	1088	19	distributions	distribution	NOUN
ftr-441	1088	20	,	,	PUNCT
ftr-441	1088	21	and	and	CCONJ
ftr-441	1088	22	liquidation	liquidation	NOUN
ftr-441	1088	23	proceeds	proceed	NOUN
ftr-441	1088	24	of	of	ADP
ftr-441	1088	25	the	the	DET
ftr-441	1088	26	firm	firm	NOUN
ftr-441	1088	27	.	.	PUNCT
ftr-441	1089	1	multiple	multiple	ADJ
ftr-441	1089	2	classes	class	NOUN
ftr-441	1089	3	of	of	ADP
ftr-441	1089	4	preferred	preferred	ADJ
ftr-441	1089	5	interests	interest	NOUN
ftr-441	1089	6	are	be	AUX
ftr-441	1089	7	permissible	permissible	ADJ
ftr-441	1089	8	provided	provide	VERB
ftr-441	1089	9	that	that	SCONJ
ftr-441	1089	10	a	a	DET
ftr-441	1089	11	clear	clear	ADJ
ftr-441	1089	12	order	order	NOUN
ftr-441	1089	13	of	of	ADP
ftr-441	1089	14	priority	priority	NOUN
ftr-441	1089	15	for	for	ADP
ftr-441	1089	16	the	the	DET
ftr-441	1089	17	different	different	ADJ
ftr-441	1089	18	preferred	preferred	ADJ
ftr-441	1089	19	interests	interest	NOUN
ftr-441	1089	20	is	be	AUX
ftr-441	1089	21	established	establish	VERB
ftr-441	1089	22	.	.	PUNCT
ftr-441	1090	1	all	all	DET
ftr-441	1090	2	preferences	preference	NOUN
ftr-441	1090	3	should	should	AUX
ftr-441	1090	4	constitute	constitute	VERB
ftr-441	1090	5	ordinary	ordinary	ADJ
ftr-441	1090	6	income	income	NOUN
ftr-441	1090	7	to	to	ADP
ftr-441	1090	8	the	the	DET
ftr-441	1090	9	preference	preference	NOUN
ftr-441	1090	10	holder	holder	NOUN
ftr-441	1090	11	and	and	CCONJ
ftr-441	1090	12	generate	generate	VERB
ftr-441	1090	13	an	an	DET
ftr-441	1090	14	ordinary	ordinary	ADJ
ftr-441	1090	15	deduction	deduction	NOUN
ftr-441	1090	16	to	to	ADP
ftr-441	1090	17	the	the	DET
ftr-441	1090	18	firm	firm	NOUN
ftr-441	1090	19	.	.	PUNCT
ftr-441	1091	1	any	any	DET
ftr-441	1091	2	income	income	NOUN
ftr-441	1091	3	of	of	ADP
ftr-441	1091	4	the	the	DET
ftr-441	1091	5	firm	firm	NOUN
ftr-441	1091	6	not	not	PART
ftr-441	1091	7	allocable	allocable	ADJ
ftr-441	1091	8	to	to	ADP
ftr-441	1091	9	the	the	DET
ftr-441	1091	10	preferred	preferred	ADJ
ftr-441	1091	11	interests	interest	NOUN
ftr-441	1091	12	,	,	PUNCT
ftr-441	1091	13	and	and	CCONJ
ftr-441	1091	14	all	all	DET
ftr-441	1091	15	losses	loss	NOUN
ftr-441	1091	16	of	of	ADP
ftr-441	1091	17	the	the	DET
ftr-441	1091	18	firm	firm	NOUN
ftr-441	1091	19	,	,	PUNCT
ftr-441	1091	20	are	be	AUX
ftr-441	1091	21	allocable	allocable	ADJ
ftr-441	1091	22	to	to	ADP
ftr-441	1091	23	the	the	DET
ftr-441	1091	24	class	class	NOUN
ftr-441	1091	25	of	of	ADP
ftr-441	1091	26	residual	residual	ADJ
ftr-441	1091	27	interest	interest	NOUN
ftr-441	1091	28	holders	holder	NOUN
ftr-441	1091	29	in	in	ADP
ftr-441	1091	30	a	a	DET
ftr-441	1091	31	proportional	proportional	ADJ
ftr-441	1091	32	manner	manner	NOUN
ftr-441	1091	33	based	base	VERB
ftr-441	1091	34	on	on	ADP
ftr-441	1091	35	their	their	PRON
ftr-441	1091	36	percentage	percentage	NOUN
ftr-441	1091	37	interests	interest	NOUN
ftr-441	1091	38	and	and	CCONJ
ftr-441	1091	39	the	the	DET
ftr-441	1091	40	number	number	NOUN
ftr-441	1091	41	of	of	ADP
ftr-441	1091	42	days	day	NOUN
ftr-441	1091	43	in	in	ADP
ftr-441	1091	44	the	the	DET
ftr-441	1091	45	year	year	NOUN
ftr-441	1091	46	they	they	PRON
ftr-441	1091	47	owned	own	VERB
ftr-441	1091	48	such	such	ADJ
ftr-441	1091	49	interests	interest	NOUN
ftr-441	1091	50	.	.	PUNCT
ftr-441	1092	1	3	3	X
ftr-441	1092	2	.	.	X
ftr-441	1092	3	other	other	ADJ
ftr-441	1092	4	eligibility	eligibility	NOUN
ftr-441	1092	5	conditions	condition	NOUN
ftr-441	1092	6	not	not	PART
ftr-441	1092	7	proposed.-several	proposed.-several	ADV
ftr-441	1092	8	other	other	ADJ
ftr-441	1092	9	possible	possible	ADJ
ftr-441	1092	10	eligibility	eligibility	NOUN
ftr-441	1092	11	conditions	condition	NOUN
ftr-441	1092	12	for	for	ADP
ftr-441	1092	13	an	an	DET
ftr-441	1092	14	spbf	spbf	NOUN
ftr-441	1092	15	were	be	AUX
ftr-441	1092	16	considered	consider	VERB
ftr-441	1092	17	in	in	ADP
ftr-441	1092	18	addition	addition	NOUN
ftr-441	1092	19	to	to	ADP
ftr-441	1092	20	,	,	PUNCT
ftr-441	1092	21	or	or	CCONJ
ftr-441	1092	22	in	in	ADP
ftr-441	1092	23	some	some	DET
ftr-441	1092	24	cases	case	NOUN
ftr-441	1092	25	as	as	ADP
ftr-441	1092	26	substitutes	substitute	NOUN
ftr-441	1092	27	for	for	ADP
ftr-441	1092	28	,	,	PUNCT
ftr-441	1092	29	the	the	DET
ftr-441	1092	30	ones	one	NOUN
ftr-441	1092	31	described	describe	VERB
ftr-441	1092	32	above	above	ADV
ftr-441	1092	33	.	.	PUNCT
ftr-441	1093	1	this	this	DET
ftr-441	1093	2	section	section	NOUN
ftr-441	1093	3	briefly	briefly	NOUN
ftr-441	1093	4	describes	describe	VERB
ftr-441	1093	5	why	why	SCONJ
ftr-441	1093	6	they	they	PRON
ftr-441	1093	7	are	be	AUX
ftr-441	1093	8	not	not	PART
ftr-441	1093	9	included	include	VERB
ftr-441	1093	10	in	in	ADP
ftr-441	1093	11	the	the	DET
ftr-441	1093	12	proposal	proposal	NOUN
ftr-441	1093	13	.	.	PUNCT
ftr-441	1094	1	taxation	taxation	NOUN
ftr-441	1094	2	committee	committee	NOUN
ftr-441	1094	3	on	on	ADP
ftr-441	1094	4	s	s	PROPN
ftr-441	1094	5	corporations	corporation	NOUN
ftr-441	1094	6	,	,	PUNCT
ftr-441	1094	7	report	report	VERB
ftr-441	1094	8	on	on	ADP
ftr-441	1094	9	the	the	DET
ftr-441	1094	10	comparison	comparison	NOUN
ftr-441	1094	11	of	of	ADP
ftr-441	1094	12	s	s	PROPN
ftr-441	1094	13	corporations	corporation	NOUN
ftr-441	1094	14	and	and	CCONJ
ftr-441	1094	15	partnerships	partnership	NOUN
ftr-441	1094	16	(	(	PUNCT
ftr-441	1094	17	part	part	NOUN
ftr-441	1094	18	i	i	NOUN
ftr-441	1094	19	)	)	PUNCT
ftr-441	1094	20	,	,	PUNCT
ftr-441	1094	21	44	44	NUM
ftr-441	1094	22	tax	tax	NOUN
ftr-441	1094	23	law	law	NOUN
ftr-441	1094	24	.	.	PUNCT
ftr-441	1095	1	483	483	NUM
ftr-441	1095	2	,	,	PUNCT
ftr-441	1095	3	494	494	NUM
ftr-441	1095	4	(	(	PUNCT
ftr-441	1095	5	1991	1991	NUM
ftr-441	1095	6	)	)	PUNCT
ftr-441	1095	7	(	(	PUNCT
ftr-441	1095	8	single	single	ADJ
ftr-441	1095	9	class	class	NOUN
ftr-441	1095	10	of	of	ADP
ftr-441	1095	11	stock	stock	NOUN
ftr-441	1095	12	requirement	requirement	NOUN
ftr-441	1095	13	should	should	AUX
ftr-441	1095	14	be	be	AUX
ftr-441	1095	15	altered	alter	VERB
ftr-441	1095	16	)	)	PUNCT
ftr-441	1095	17	.	.	PUNCT
ftr-441	1096	1	148	148	NUM
ftr-441	1096	2	.	.	PUNCT
ftr-441	1096	3	see	see	VERB
ftr-441	1096	4	irc	irc	PROPN
ftr-441	1096	5	§	§	PROPN
ftr-441	1096	6	1272(a	1272(a	NUM
ftr-441	1096	7	)	)	PUNCT
ftr-441	1096	8	.	.	PUNCT
ftr-441	1097	1	similarly	similarly	ADV
ftr-441	1097	2	,	,	PUNCT
ftr-441	1097	3	a	a	DET
ftr-441	1097	4	guaranteed	guarantee	VERB
ftr-441	1097	5	payment	payment	NOUN
ftr-441	1097	6	which	which	PRON
ftr-441	1097	7	is	be	AUX
ftr-441	1097	8	deducted	deduct	VERB
ftr-441	1097	9	or	or	CCONJ
ftr-441	1097	10	capitalized	capitalize	VERB
ftr-441	1097	11	by	by	ADP
ftr-441	1097	12	a	a	DET
ftr-441	1097	13	partnership	partnership	NOUN
ftr-441	1097	14	must	must	AUX
ftr-441	1097	15	be	be	AUX
ftr-441	1097	16	included	include	VERB
ftr-441	1097	17	currently	currently	ADV
ftr-441	1097	18	in	in	ADP
ftr-441	1097	19	the	the	DET
ftr-441	1097	20	income	income	NOUN
ftr-441	1097	21	of	of	ADP
ftr-441	1097	22	a	a	DET
ftr-441	1097	23	cash	cash	NOUN
ftr-441	1097	24	-	-	PUNCT
ftr-441	1097	25	basis	basis	NOUN
ftr-441	1097	26	partner	partner	NOUN
ftr-441	1097	27	even	even	ADV
ftr-441	1097	28	though	though	SCONJ
ftr-441	1097	29	the	the	DET
ftr-441	1097	30	amount	amount	NOUN
ftr-441	1097	31	is	be	AUX
ftr-441	1097	32	unpaid	unpaid	ADJ
ftr-441	1097	33	.	.	PUNCT
ftr-441	1098	1	see	see	VERB
ftr-441	1098	2	william	william	PROPN
ftr-441	1098	3	s.	s.	PROPN
ftr-441	1098	4	mckee	mckee	PROPN
ftr-441	1098	5	,	,	PUNCT
ftr-441	1098	6	william	william	PROPN
ftr-441	1098	7	f.	f.	PROPN
ftr-441	1098	8	nelson	nelson	PROPN
ftr-441	1098	9	&	&	CCONJ
ftr-441	1098	10	robert	robert	PROPN
ftr-441	1098	11	l.	l.	PROPN
ftr-441	1098	12	whitmire	whitmire	PROPN
ftr-441	1098	13	,	,	PUNCT
ftr-441	1098	14	federal	federal	ADJ
ftr-441	1098	15	taxation	taxation	NOUN
ftr-441	1098	16	of	of	ADP
ftr-441	1098	17	partnerships	partnership	NOUN
ftr-441	1098	18	and	and	CCONJ
ftr-441	1098	19	partners	partner	NOUN
ftr-441	1098	20	13.03[2	13.03[2	NUM
ftr-441	1098	21	]	]	PUNCT
ftr-441	1098	22	(	(	PUNCT
ftr-441	1098	23	3d	3d	NUM
ftr-441	1098	24	ed	ed	NOUN
ftr-441	1098	25	.	.	PROPN
ftr-441	1098	26	1997	1997	NUM
ftr-441	1098	27	)	)	PUNCT
ftr-441	1098	28	.	.	PUNCT
ftr-441	1099	1	[	[	X
ftr-441	1099	2	vol	vol	NOUN
ftr-441	1099	3	4:3	4:3	NUM
ftr-441	1099	4	the	the	DET
ftr-441	1099	5	future	future	ADJ
ftr-441	1099	6	taxation	taxation	NOUN
ftr-441	1099	7	of	of	ADP
ftr-441	1099	8	private	private	ADJ
ftr-441	1099	9	business	business	NOUN
ftr-441	1099	10	firms	firm	NOUN
ftr-441	1099	11	a.	a.	NOUN
ftr-441	1099	12	number	number	NOUN
ftr-441	1099	13	of	of	ADP
ftr-441	1099	14	owners.-there	owners.-there	ADV
ftr-441	1099	15	is	be	AUX
ftr-441	1099	16	no	no	DET
ftr-441	1099	17	restriction	restriction	NOUN
ftr-441	1099	18	on	on	ADP
ftr-441	1099	19	the	the	DET
ftr-441	1099	20	number	number	NOUN
ftr-441	1099	21	of	of	ADP
ftr-441	1099	22	permissible	permissible	ADJ
ftr-441	1099	23	owners	owner	NOUN
ftr-441	1099	24	for	for	ADP
ftr-441	1099	25	a	a	DET
ftr-441	1099	26	partnership	partnership	NOUN
ftr-441	1099	27	,	,	PUNCT
ftr-441	1099	28	ric	ric	PROPN
ftr-441	1099	29	,	,	PUNCT
ftr-441	1099	30	reit	reit	PROPN
ftr-441	1099	31	,	,	PUNCT
ftr-441	1099	32	remic	remic	NOUN
ftr-441	1099	33	,	,	PUNCT
ftr-441	1099	34	fasit	fasit	NOUN
ftr-441	1099	35	or	or	CCONJ
ftr-441	1099	36	cooperative	cooperative	ADJ
ftr-441	1099	37	.	.	PUNCT
ftr-441	1100	1	49	49	NUM
ftr-441	1100	2	in	in	ADP
ftr-441	1100	3	contrast	contrast	NOUN
ftr-441	1100	4	,	,	PUNCT
ftr-441	1100	5	an	an	DET
ftr-441	1100	6	s	s	NOUN
ftr-441	1100	7	corporation	corporation	NOUN
ftr-441	1100	8	may	may	AUX
ftr-441	1100	9	not	not	PART
ftr-441	1100	10	have	have	VERB
ftr-441	1100	11	more	more	ADJ
ftr-441	1100	12	than	than	ADP
ftr-441	1100	13	75	75	NUM
ftr-441	1100	14	shareholders.5	shareholders.5	NOUN
ftr-441	1100	15	0	0	NUM
ftr-441	1101	1	the	the	DET
ftr-441	1101	2	irs	irs	PROPN
ftr-441	1101	3	has	have	AUX
ftr-441	1101	4	indicated	indicate	VERB
ftr-441	1101	5	that	that	SCONJ
ftr-441	1101	6	the	the	DET
ftr-441	1101	7	purpose	purpose	NOUN
ftr-441	1101	8	of	of	ADP
ftr-441	1101	9	the	the	DET
ftr-441	1101	10	limitation	limitation	NOUN
ftr-441	1101	11	on	on	ADP
ftr-441	1101	12	the	the	DET
ftr-441	1101	13	number	number	NOUN
ftr-441	1101	14	of	of	ADP
ftr-441	1101	15	shareholders	shareholder	NOUN
ftr-441	1101	16	of	of	ADP
ftr-441	1101	17	an	an	DET
ftr-441	1101	18	s	s	NOUN
ftr-441	1101	19	corporation	corporation	NOUN
ftr-441	1101	20	is	be	AUX
ftr-441	1101	21	"	"	PUNCT
ftr-441	1101	22	administrative	administrative	ADJ
ftr-441	1101	23	simplicity	simplicity	NOUN
ftr-441	1101	24	in	in	ADP
ftr-441	1101	25	the	the	DET
ftr-441	1101	26	administration	administration	NOUN
ftr-441	1101	27	of	of	ADP
ftr-441	1101	28	the	the	DET
ftr-441	1101	29	corporation	corporation	NOUN
ftr-441	1101	30	's	's	PART
ftr-441	1101	31	tax	tax	NOUN
ftr-441	1101	32	affairs	affair	NOUN
ftr-441	1101	33	.	.	PUNCT
ftr-441	1102	1	"	"	PUNCT
ftr-441	1102	2	''	''	PUNCT
ftr-441	1102	3	the	the	DET
ftr-441	1102	4	service	service	NOUN
ftr-441	1102	5	has	have	AUX
ftr-441	1102	6	nevertheless	nevertheless	ADV
ftr-441	1102	7	allowed	allow	VERB
ftr-441	1102	8	a	a	DET
ftr-441	1102	9	number	number	NOUN
ftr-441	1102	10	of	of	ADP
ftr-441	1102	11	s	s	PART
ftr-441	1102	12	corporations	corporation	NOUN
ftr-441	1102	13	to	to	PART
ftr-441	1102	14	join	join	VERB
ftr-441	1102	15	together	together	ADV
ftr-441	1102	16	in	in	ADP
ftr-441	1102	17	a	a	DET
ftr-441	1102	18	partnership	partnership	NOUN
ftr-441	1102	19	even	even	ADV
ftr-441	1102	20	though	though	SCONJ
ftr-441	1102	21	that	that	DET
ftr-441	1102	22	arrangement	arrangement	NOUN
ftr-441	1102	23	could	could	AUX
ftr-441	1102	24	be	be	AUX
ftr-441	1102	25	viewed	view	VERB
ftr-441	1102	26	as	as	ADP
ftr-441	1102	27	a	a	DET
ftr-441	1102	28	way	way	NOUN
ftr-441	1102	29	to	to	PART
ftr-441	1102	30	avoid	avoid	VERB
ftr-441	1102	31	the	the	DET
ftr-441	1102	32	limitation	limitation	NOUN
ftr-441	1102	33	on	on	ADP
ftr-441	1102	34	the	the	DET
ftr-441	1102	35	number	number	NOUN
ftr-441	1102	36	of	of	ADP
ftr-441	1102	37	shareholders	shareholder	NOUN
ftr-441	1102	38	in	in	ADP
ftr-441	1102	39	an	an	DET
ftr-441	1102	40	s	s	NOUN
ftr-441	1102	41	corporation	corporation	NOUN
ftr-441	1102	42	(	(	PUNCT
ftr-441	1102	43	and	and	CCONJ
ftr-441	1102	44	,	,	PUNCT
ftr-441	1102	45	indeed	indeed	ADV
ftr-441	1102	46	,	,	PUNCT
ftr-441	1102	47	was	be	AUX
ftr-441	1102	48	so	so	ADV
ftr-441	1102	49	viewed	view	VERB
ftr-441	1102	50	by	by	ADP
ftr-441	1102	51	the	the	DET
ftr-441	1102	52	irs	irs	PROPN
ftr-441	1102	53	at	at	ADP
ftr-441	1102	54	one	one	NUM
ftr-441	1102	55	time).152	time).152	NOUN
ftr-441	1102	56	a	a	DET
ftr-441	1102	57	major	major	ADJ
ftr-441	1102	58	source	source	NOUN
ftr-441	1102	59	of	of	ADP
ftr-441	1102	60	complexity	complexity	NOUN
ftr-441	1102	61	in	in	ADP
ftr-441	1102	62	subchapter	subchapter	NOUN
ftr-441	1102	63	k	k	PROPN
ftr-441	1102	64	is	be	AUX
ftr-441	1102	65	the	the	DET
ftr-441	1102	66	allocation	allocation	NOUN
ftr-441	1102	67	rules	rule	NOUN
ftr-441	1102	68	which	which	PRON
ftr-441	1102	69	attempt	attempt	VERB
ftr-441	1102	70	to	to	PART
ftr-441	1102	71	prevent	prevent	VERB
ftr-441	1102	72	the	the	DET
ftr-441	1102	73	inappropriate	inappropriate	ADJ
ftr-441	1102	74	shifting	shifting	NOUN
ftr-441	1102	75	of	of	ADP
ftr-441	1102	76	tax	tax	NOUN
ftr-441	1102	77	items	item	NOUN
ftr-441	1102	78	among	among	ADP
ftr-441	1102	79	owners	owner	NOUN
ftr-441	1102	80	of	of	ADP
ftr-441	1102	81	a	a	DET
ftr-441	1102	82	firm	firm	NOUN
ftr-441	1102	83	.	.	PUNCT
ftr-441	1103	1	in	in	ADP
ftr-441	1103	2	contrast	contrast	NOUN
ftr-441	1103	3	to	to	ADP
ftr-441	1103	4	the	the	DET
ftr-441	1103	5	eligibility	eligibility	NOUN
ftr-441	1103	6	conditions	condition	NOUN
ftr-441	1103	7	for	for	ADP
ftr-441	1103	8	an	an	DET
ftr-441	1103	9	spbf	spbf	NOUN
ftr-441	1103	10	already	already	ADV
ftr-441	1103	11	identified	identify	VERB
ftr-441	1103	12	,	,	PUNCT
ftr-441	1103	13	it	it	PRON
ftr-441	1103	14	does	do	AUX
ftr-441	1103	15	not	not	PART
ftr-441	1103	16	appear	appear	VERB
ftr-441	1103	17	that	that	SCONJ
ftr-441	1103	18	the	the	DET
ftr-441	1103	19	availability	availability	NOUN
ftr-441	1103	20	of	of	ADP
ftr-441	1103	21	shifting	shift	VERB
ftr-441	1103	22	strategies	strategy	NOUN
ftr-441	1103	23	is	be	AUX
ftr-441	1103	24	affected	affect	VERB
ftr-441	1103	25	by	by	ADP
ftr-441	1103	26	the	the	DET
ftr-441	1103	27	number	number	NOUN
ftr-441	1103	28	of	of	ADP
ftr-441	1103	29	participants	participant	NOUN
ftr-441	1103	30	in	in	ADP
ftr-441	1103	31	the	the	DET
ftr-441	1103	32	enterprise	enterprise	NOUN
ftr-441	1103	33	.	.	PUNCT
ftr-441	1104	1	true	true	ADJ
ftr-441	1104	2	,	,	PUNCT
ftr-441	1104	3	the	the	PRON
ftr-441	1104	4	greater	great	ADJ
ftr-441	1104	5	the	the	DET
ftr-441	1104	6	number	number	NOUN
ftr-441	1104	7	of	of	ADP
ftr-441	1104	8	owners	owner	NOUN
ftr-441	1104	9	,	,	PUNCT
ftr-441	1104	10	the	the	PRON
ftr-441	1104	11	greater	great	ADJ
ftr-441	1104	12	the	the	DET
ftr-441	1104	13	potential	potential	NOUN
ftr-441	1104	14	that	that	SCONJ
ftr-441	1104	15	taxpayers	taxpayer	NOUN
ftr-441	1104	16	with	with	ADP
ftr-441	1104	17	distinctly	distinctly	ADV
ftr-441	1104	18	different	different	ADJ
ftr-441	1104	19	tax	tax	NOUN
ftr-441	1104	20	profiles	profile	NOUN
ftr-441	1104	21	will	will	AUX
ftr-441	1104	22	participate	participate	VERB
ftr-441	1104	23	together	together	ADV
ftr-441	1104	24	in	in	ADP
ftr-441	1104	25	a	a	DET
ftr-441	1104	26	common	common	ADJ
ftr-441	1104	27	venture	venture	NOUN
ftr-441	1104	28	.	.	PUNCT
ftr-441	1105	1	but	but	CCONJ
ftr-441	1105	2	important	important	ADJ
ftr-441	1105	3	tax	tax	NOUN
ftr-441	1105	4	advantages	advantage	NOUN
ftr-441	1105	5	may	may	AUX
ftr-441	1105	6	exist	exist	VERB
ftr-441	1105	7	even	even	ADV
ftr-441	1105	8	though	though	SCONJ
ftr-441	1105	9	a	a	DET
ftr-441	1105	10	firm	firm	NOUN
ftr-441	1105	11	has	have	VERB
ftr-441	1105	12	only	only	ADV
ftr-441	1105	13	two	two	NUM
ftr-441	1105	14	owners	owner	NOUN
ftr-441	1105	15	.	.	PUNCT
ftr-441	1106	1	and	and	CCONJ
ftr-441	1106	2	the	the	PRON
ftr-441	1106	3	fewer	few	ADJ
ftr-441	1106	4	the	the	DET
ftr-441	1106	5	number	number	NOUN
ftr-441	1106	6	of	of	ADP
ftr-441	1106	7	owners	owner	NOUN
ftr-441	1106	8	,	,	PUNCT
ftr-441	1106	9	the	the	PRON
ftr-441	1106	10	greater	great	ADJ
ftr-441	1106	11	the	the	DET
ftr-441	1106	12	flexibility	flexibility	NOUN
ftr-441	1106	13	in	in	ADP
ftr-441	1106	14	devising	devise	VERB
ftr-441	1106	15	an	an	DET
ftr-441	1106	16	advantageous	advantageous	ADJ
ftr-441	1106	17	shifting	shifting	NOUN
ftr-441	1106	18	strategy	strategy	NOUN
ftr-441	1106	19	.	.	PUNCT
ftr-441	1107	1	moreover	moreover	ADV
ftr-441	1107	2	,	,	PUNCT
ftr-441	1107	3	as	as	ADP
ftr-441	1107	4	a	a	DET
ftr-441	1107	5	practical	practical	ADJ
ftr-441	1107	6	matter	matter	NOUN
ftr-441	1107	7	,	,	PUNCT
ftr-441	1107	8	very	very	ADV
ftr-441	1107	9	few	few	ADJ
ftr-441	1107	10	private	private	ADJ
ftr-441	1107	11	businesses	business	NOUN
ftr-441	1107	12	have	have	VERB
ftr-441	1107	13	a	a	DET
ftr-441	1107	14	large	large	ADJ
ftr-441	1107	15	number	number	NOUN
ftr-441	1107	16	of	of	ADP
ftr-441	1107	17	owners	owner	NOUN
ftr-441	1107	18	.	.	PUNCT
ftr-441	1108	1	for	for	ADP
ftr-441	1108	2	example	example	NOUN
ftr-441	1108	3	,	,	PUNCT
ftr-441	1108	4	in	in	ADP
ftr-441	1108	5	1994	1994	NUM
ftr-441	1108	6	,	,	PUNCT
ftr-441	1108	7	over	over	ADP
ftr-441	1108	8	90	90	NUM
ftr-441	1108	9	%	%	NOUN
ftr-441	1108	10	of	of	ADP
ftr-441	1108	11	all	all	DET
ftr-441	1108	12	partnerships	partnership	NOUN
ftr-441	1108	13	and	and	CCONJ
ftr-441	1108	14	almost	almost	ADV
ftr-441	1108	15	99	99	NUM
ftr-441	1108	16	%	%	NOUN
ftr-441	1108	17	of	of	ADP
ftr-441	1108	18	all	all	PRON
ftr-441	1108	19	s	s	PART
ftr-441	1108	20	corporations	corporation	NOUN
ftr-441	1108	21	had	have	VERB
ftr-441	1108	22	10	10	NUM
ftr-441	1108	23	or	or	CCONJ
ftr-441	1108	24	fewer	few	ADJ
ftr-441	1108	25	owners	owner	NOUN
ftr-441	1108	26	,	,	PUNCT
ftr-441	1108	27	'	'	PUNCT
ftr-441	1108	28	3	3	NUM
ftr-441	1108	29	and	and	CCONJ
ftr-441	1108	30	comparable	comparable	ADJ
ftr-441	1108	31	figures	figure	NOUN
ftr-441	1108	32	seem	seem	VERB
ftr-441	1108	33	likely	likely	ADJ
ftr-441	1108	34	for	for	ADP
ftr-441	1108	35	closely	closely	ADV
ftr-441	1108	36	-	-	PUNCT
ftr-441	1108	37	held	hold	VERB
ftr-441	1108	38	c	c	PROPN
ftr-441	1108	39	corporations	corporation	NOUN
ftr-441	1108	40	.	.	PUNCT
ftr-441	1109	1	thus	thus	ADV
ftr-441	1109	2	,	,	PUNCT
ftr-441	1109	3	any	any	DET
ftr-441	1109	4	reasonable	reasonable	ADJ
ftr-441	1109	5	limitation	limitation	NOUN
ftr-441	1109	6	on	on	ADP
ftr-441	1109	7	number	number	NOUN
ftr-441	1109	8	of	of	ADP
ftr-441	1109	9	owners	owner	NOUN
ftr-441	1109	10	would	would	AUX
ftr-441	1109	11	not	not	PART
ftr-441	1109	12	likely	likely	ADV
ftr-441	1109	13	have	have	VERB
ftr-441	1109	14	much	much	ADJ
ftr-441	1109	15	impact	impact	NOUN
ftr-441	1109	16	on	on	ADP
ftr-441	1109	17	spbf	spbf	ADJ
ftr-441	1109	18	eligibility	eligibility	NOUN
ftr-441	1109	19	.	.	PUNCT
ftr-441	1110	1	"s	"s	NOUN
ftr-441	1110	2	149	149	NUM
ftr-441	1110	3	.	.	PUNCT
ftr-441	1111	1	a	a	DET
ftr-441	1111	2	fasit	fasit	NOUN
ftr-441	1111	3	may	may	AUX
ftr-441	1111	4	have	have	VERB
ftr-441	1111	5	only	only	ADV
ftr-441	1111	6	one	one	NUM
ftr-441	1111	7	holder	holder	NOUN
ftr-441	1111	8	of	of	ADP
ftr-441	1111	9	its	its	PRON
ftr-441	1111	10	ownership	ownership	NOUN
ftr-441	1111	11	interest	interest	NOUN
ftr-441	1111	12	but	but	CCONJ
ftr-441	1111	13	any	any	DET
ftr-441	1111	14	number	number	NOUN
ftr-441	1111	15	of	of	ADP
ftr-441	1111	16	holders	holder	NOUN
ftr-441	1111	17	of	of	ADP
ftr-441	1111	18	its	its	PRON
ftr-441	1111	19	regular	regular	ADJ
ftr-441	1111	20	interests	interest	NOUN
ftr-441	1111	21	.	.	PUNCT
ftr-441	1112	1	irc	irc	PROPN
ftr-441	1112	2	§	§	PROPN
ftr-441	1112	3	860l(a)(1)(b	860l(a)(1)(b	NUM
ftr-441	1112	4	)	)	PUNCT
ftr-441	1112	5	and	and	CCONJ
ftr-441	1112	6	(	(	PUNCT
ftr-441	1112	7	c	c	NOUN
ftr-441	1112	8	)	)	PUNCT
ftr-441	1112	9	.	.	PUNCT
ftr-441	1113	1	150	150	NUM
ftr-441	1113	2	.	.	PUNCT
ftr-441	1113	3	irc	irc	PROPN
ftr-441	1113	4	§	§	PROPN
ftr-441	1113	5	1361(b)(1)(a	1361(b)(1)(a	NUM
ftr-441	1113	6	)	)	PUNCT
ftr-441	1113	7	,	,	PUNCT
ftr-441	1113	8	as	as	SCONJ
ftr-441	1113	9	amended	amend	VERB
ftr-441	1113	10	by	by	ADP
ftr-441	1113	11	the	the	DET
ftr-441	1113	12	small	small	ADJ
ftr-441	1113	13	business	business	NOUN
ftr-441	1113	14	job	job	NOUN
ftr-441	1113	15	protection	protection	NOUN
ftr-441	1113	16	act	act	NOUN
ftr-441	1113	17	of	of	ADP
ftr-441	1113	18	1996	1996	NUM
ftr-441	1113	19	.	.	PUNCT
ftr-441	1114	1	151	151	NUM
ftr-441	1114	2	.	.	PUNCT
ftr-441	1114	3	rev	rev	PROPN
ftr-441	1114	4	.	.	PUNCT
ftr-441	1114	5	rul	rul	PROPN
ftr-441	1114	6	.	.	PUNCT
ftr-441	1115	1	94	94	NUM
ftr-441	1115	2	-	-	SYM
ftr-441	1115	3	43	43	NUM
ftr-441	1115	4	,	,	PUNCT
ftr-441	1115	5	1994	1994	NUM
ftr-441	1115	6	-	-	SYM
ftr-441	1115	7	2	2	NUM
ftr-441	1115	8	c.b	c.b	PROPN
ftr-441	1115	9	.	.	PROPN
ftr-441	1115	10	198	198	NUM
ftr-441	1115	11	.	.	PUNCT
ftr-441	1116	1	152	152	NUM
ftr-441	1116	2	.	.	PUNCT
ftr-441	1117	1	i	i	PRON
ftr-441	1117	2	d.	d.	PROPN
ftr-441	1117	3	;	;	PUNCT
ftr-441	1117	4	cf	cf	NOUN
ftr-441	1117	5	.	.	PUNCT
ftr-441	1117	6	regs	regs	PROPN
ftr-441	1117	7	.	.	PUNCT
ftr-441	1118	1	§	§	PROPN
ftr-441	1118	2	1.701	1.701	NUM
ftr-441	1118	3	-	-	NUM
ftr-441	1118	4	2(d	2(d	NUM
ftr-441	1118	5	)	)	PUNCT
ftr-441	1118	6	,	,	PUNCT
ftr-441	1118	7	ex	ex	X
ftr-441	1118	8	.	.	PUNCT
ftr-441	1118	9	(	(	PUNCT
ftr-441	1118	10	2	2	NUM
ftr-441	1118	11	)	)	PUNCT
ftr-441	1118	12	(	(	PUNCT
ftr-441	1118	13	blessing	blessing	NOUN
ftr-441	1118	14	partnership	partnership	NOUN
ftr-441	1118	15	between	between	ADP
ftr-441	1118	16	nonresident	nonresident	ADJ
ftr-441	1118	17	alien	alien	NOUN
ftr-441	1118	18	and	and	CCONJ
ftr-441	1118	19	s	s	VERB
ftr-441	1118	20	corporation	corporation	NOUN
ftr-441	1118	21	to	to	PART
ftr-441	1118	22	avoid	avoid	VERB
ftr-441	1118	23	restrictions	restriction	NOUN
ftr-441	1118	24	of	of	ADP
ftr-441	1118	25	§	§	PROPN
ftr-441	1118	26	1361(b)(i)(c	1361(b)(i)(c	NUM
ftr-441	1118	27	)	)	PUNCT
ftr-441	1118	28	)	)	PUNCT
ftr-441	1118	29	.	.	PUNCT
ftr-441	1119	1	the	the	DET
ftr-441	1119	2	service	service	NOUN
ftr-441	1119	3	's	's	PART
ftr-441	1119	4	prior	prior	ADJ
ftr-441	1119	5	contrary	contrary	ADJ
ftr-441	1119	6	position	position	NOUN
ftr-441	1119	7	was	be	AUX
ftr-441	1119	8	stated	state	VERB
ftr-441	1119	9	in	in	ADP
ftr-441	1119	10	rev	rev	PROPN
ftr-441	1119	11	.	.	PROPN
ftr-441	1120	1	rul	rul	PROPN
ftr-441	1120	2	.	.	PUNCT
ftr-441	1121	1	77	77	NUM
ftr-441	1121	2	-	-	SYM
ftr-441	1121	3	220	220	NUM
ftr-441	1121	4	,	,	PUNCT
ftr-441	1121	5	1977	1977	NUM
ftr-441	1121	6	-	-	SYM
ftr-441	1121	7	1	1	NUM
ftr-441	1121	8	c.b	c.b	PROPN
ftr-441	1121	9	.	.	PROPN
ftr-441	1121	10	263	263	NUM
ftr-441	1121	11	.	.	X
ftr-441	1122	1	153	153	NUM
ftr-441	1122	2	.	.	PUNCT
ftr-441	1123	1	in	in	ADP
ftr-441	1123	2	1994	1994	NUM
ftr-441	1123	3	,	,	PUNCT
ftr-441	1123	4	about	about	ADV
ftr-441	1123	5	68	68	NUM
ftr-441	1123	6	%	%	NOUN
ftr-441	1123	7	of	of	ADP
ftr-441	1123	8	all	all	DET
ftr-441	1123	9	partnerships	partnership	NOUN
ftr-441	1123	10	and	and	CCONJ
ftr-441	1123	11	90	90	NUM
ftr-441	1123	12	%	%	NOUN
ftr-441	1123	13	of	of	ADP
ftr-441	1123	14	all	all	PRON
ftr-441	1123	15	s	s	PART
ftr-441	1123	16	corporations	corporation	NOUN
ftr-441	1123	17	had	have	VERB
ftr-441	1123	18	three	three	NUM
ftr-441	1123	19	or	or	CCONJ
ftr-441	1123	20	fewer	few	ADJ
ftr-441	1123	21	owners	owner	NOUN
ftr-441	1123	22	.	.	PUNCT
ftr-441	1124	1	for	for	ADP
ftr-441	1124	2	the	the	DET
ftr-441	1124	3	s	s	PROPN
ftr-441	1124	4	corporation	corporation	NOUN
ftr-441	1124	5	data	datum	NOUN
ftr-441	1124	6	,	,	PUNCT
ftr-441	1124	7	see	see	VERB
ftr-441	1124	8	susan	susan	PROPN
ftr-441	1124	9	m.	m.	PROPN
ftr-441	1124	10	wittman	wittman	PROPN
ftr-441	1124	11	,	,	PUNCT
ftr-441	1124	12	s	s	PART
ftr-441	1124	13	corporation	corporation	NOUN
ftr-441	1124	14	returns	return	NOUN
ftr-441	1124	15	,	,	PUNCT
ftr-441	1124	16	1994	1994	NUM
ftr-441	1124	17	,	,	PUNCT
ftr-441	1124	18	16	16	NUM
ftr-441	1124	19	soi	soi	ADJ
ftr-441	1124	20	bulletin	bulletin	NOUN
ftr-441	1124	21	38,74	38,74	NOUN
ftr-441	1124	22	(	(	PUNCT
ftr-441	1124	23	spring	spring	NOUN
ftr-441	1124	24	1997	1997	NUM
ftr-441	1124	25	)	)	PUNCT
ftr-441	1124	26	(	(	PUNCT
ftr-441	1124	27	table	table	NOUN
ftr-441	1124	28	5	5	NUM
ftr-441	1124	29	)	)	PUNCT
ftr-441	1124	30	.	.	PUNCT
ftr-441	1125	1	the	the	DET
ftr-441	1125	2	information	information	NOUN
ftr-441	1125	3	about	about	ADP
ftr-441	1125	4	partnerships	partnership	NOUN
ftr-441	1125	5	was	be	AUX
ftr-441	1125	6	obtained	obtain	VERB
ftr-441	1125	7	in	in	ADP
ftr-441	1125	8	a	a	DET
ftr-441	1125	9	telephone	telephone	NOUN
ftr-441	1125	10	conversation	conversation	NOUN
ftr-441	1125	11	between	between	ADP
ftr-441	1125	12	the	the	DET
ftr-441	1125	13	author	author	NOUN
ftr-441	1125	14	and	and	CCONJ
ftr-441	1125	15	mr	mr	PROPN
ftr-441	1125	16	.	.	PROPN
ftr-441	1125	17	tim	tim	PROPN
ftr-441	1125	18	wheeler	wheeler	PROPN
ftr-441	1125	19	,	,	PUNCT
ftr-441	1125	20	a	a	DET
ftr-441	1125	21	statistician	statistician	NOUN
ftr-441	1125	22	in	in	ADP
ftr-441	1125	23	the	the	DET
ftr-441	1125	24	corporation	corporation	NOUN
ftr-441	1125	25	special	special	ADJ
ftr-441	1125	26	projects	project	NOUN
ftr-441	1125	27	section	section	NOUN
ftr-441	1125	28	,	,	PUNCT
ftr-441	1125	29	statistics	statistic	NOUN
ftr-441	1125	30	of	of	ADP
ftr-441	1125	31	income	income	NOUN
ftr-441	1125	32	,	,	PUNCT
ftr-441	1125	33	internal	internal	ADJ
ftr-441	1125	34	revenue	revenue	NOUN
ftr-441	1125	35	service	service	NOUN
ftr-441	1125	36	.	.	PUNCT
ftr-441	1126	1	154	154	NUM
ftr-441	1126	2	.	.	PUNCT
ftr-441	1127	1	congress	congress	PROPN
ftr-441	1127	2	's	's	PART
ftr-441	1127	3	recent	recent	ADJ
ftr-441	1127	4	amendment	amendment	NOUN
ftr-441	1127	5	of	of	ADP
ftr-441	1127	6	the	the	DET
ftr-441	1127	7	subchapter	subchapter	NOUN
ftr-441	1127	8	s	s	PART
ftr-441	1127	9	rule	rule	NOUN
ftr-441	1127	10	provides	provide	VERB
ftr-441	1127	11	no	no	DET
ftr-441	1127	12	guidance	guidance	NOUN
ftr-441	1127	13	regarding	regard	VERB
ftr-441	1127	14	what	what	PRON
ftr-441	1127	15	the	the	DET
ftr-441	1127	16	proper	proper	ADJ
ftr-441	1127	17	limit	limit	NOUN
ftr-441	1127	18	on	on	ADP
ftr-441	1127	19	the	the	DET
ftr-441	1127	20	number	number	NOUN
ftr-441	1127	21	of	of	ADP
ftr-441	1127	22	owners	owner	NOUN
ftr-441	1127	23	should	should	AUX
ftr-441	1127	24	be	be	AUX
ftr-441	1127	25	,	,	PUNCT
ftr-441	1127	26	assuming	assume	VERB
ftr-441	1127	27	one	one	PRON
ftr-441	1127	28	is	be	AUX
ftr-441	1127	29	imposed	impose	VERB
ftr-441	1127	30	.	.	PUNCT
ftr-441	1128	1	congress	congress	PROPN
ftr-441	1128	2	tersely	tersely	ADV
ftr-441	1128	3	explained	explain	VERB
ftr-441	1128	4	its	its	PRON
ftr-441	1128	5	reasons	reason	NOUN
ftr-441	1128	6	for	for	ADP
ftr-441	1128	7	increasing	increase	VERB
ftr-441	1128	8	the	the	DET
ftr-441	1128	9	allowable	allowable	ADJ
ftr-441	1128	10	number	number	NOUN
ftr-441	1128	11	of	of	ADP
ftr-441	1128	12	s	s	NOUN
ftr-441	1128	13	shareholders	shareholder	NOUN
ftr-441	1128	14	from	from	ADP
ftr-441	1128	15	35	35	NUM
ftr-441	1128	16	to	to	ADP
ftr-441	1128	17	75	75	NUM
ftr-441	1128	18	in	in	ADP
ftr-441	1128	19	the	the	DET
ftr-441	1128	20	following	following	ADJ
ftr-441	1128	21	way	way	NOUN
ftr-441	1128	22	:	:	PUNCT
ftr-441	1128	23	"	"	PUNCT
ftr-441	1128	24	the	the	DET
ftr-441	1128	25	committee	committee	NOUN
ftr-441	1128	26	believes	believe	VERB
ftr-441	1128	27	that	that	SCONJ
ftr-441	1128	28	increasing	increase	VERB
ftr-441	1128	29	the	the	DET
ftr-441	1128	30	maximum	maximum	ADJ
ftr-441	1128	31	number	number	NOUN
ftr-441	1128	32	of	of	ADP
ftr-441	1128	33	shareholders	shareholder	NOUN
ftr-441	1128	34	of	of	ADP
ftr-441	1128	35	an	an	DET
ftr-441	1128	36	s	s	NOUN
ftr-441	1128	37	corporation	corporation	NOUN
ftr-441	1128	38	will	will	AUX
ftr-441	1128	39	facilitate	facilitate	VERB
ftr-441	1128	40	corporate	corporate	ADJ
ftr-441	1128	41	ownership	ownership	NOUN
ftr-441	1128	42	by	by	ADP
ftr-441	1128	43	additional	additional	ADJ
ftr-441	1128	44	19991	19991	NUM
ftr-441	1128	45	florida	florida	PROPN
ftr-441	1128	46	tax	tax	NOUN
ftr-441	1128	47	review	review	NOUN
ftr-441	1128	48	in	in	ADP
ftr-441	1128	49	short	short	ADJ
ftr-441	1128	50	,	,	PUNCT
ftr-441	1128	51	any	any	DET
ftr-441	1128	52	limitation	limitation	NOUN
ftr-441	1128	53	on	on	ADP
ftr-441	1128	54	the	the	DET
ftr-441	1128	55	permissible	permissible	ADJ
ftr-441	1128	56	number	number	NOUN
ftr-441	1128	57	of	of	ADP
ftr-441	1128	58	owners	owner	NOUN
ftr-441	1128	59	of	of	ADP
ftr-441	1128	60	an	an	DET
ftr-441	1128	61	spbf	spbf	NOUN
ftr-441	1128	62	would	would	AUX
ftr-441	1128	63	seem	seem	VERB
ftr-441	1128	64	to	to	PART
ftr-441	1128	65	be	be	AUX
ftr-441	1128	66	an	an	DET
ftr-441	1128	67	arbitrary	arbitrary	ADJ
ftr-441	1128	68	and	and	CCONJ
ftr-441	1128	69	ineffectual	ineffectual	ADJ
ftr-441	1128	70	restriction	restriction	NOUN
ftr-441	1128	71	insufficiently	insufficiently	ADV
ftr-441	1128	72	linked	link	VERB
ftr-441	1128	73	to	to	ADP
ftr-441	1128	74	the	the	DET
ftr-441	1128	75	availability	availability	NOUN
ftr-441	1128	76	of	of	ADP
ftr-441	1128	77	potential	potential	ADJ
ftr-441	1128	78	tax	tax	NOUN
ftr-441	1128	79	advantages	advantage	NOUN
ftr-441	1128	80	of	of	ADP
ftr-441	1128	81	such	such	DET
ftr-441	1128	82	a	a	DET
ftr-441	1128	83	firm	firm	NOUN
ftr-441	1128	84	,	,	PUNCT
ftr-441	1128	85	and	and	CCONJ
ftr-441	1128	86	is	be	AUX
ftr-441	1128	87	therefore	therefore	ADV
ftr-441	1128	88	not	not	PART
ftr-441	1128	89	proposed	propose	VERB
ftr-441	1128	90	.	.	PUNCT
ftr-441	1129	1	b.	b.	PROPN
ftr-441	1129	2	ownership	ownership	NOUN
ftr-441	1129	3	of	of	ADP
ftr-441	1129	4	other	other	ADJ
ftr-441	1129	5	entities.-until	entities.-until	PROPN
ftr-441	1129	6	recently	recently	ADV
ftr-441	1129	7	,	,	PUNCT
ftr-441	1129	8	the	the	DET
ftr-441	1129	9	s	s	NOUN
ftr-441	1129	10	corporation	corporation	NOUN
ftr-441	1129	11	rules	rule	NOUN
ftr-441	1129	12	prohibited	prohibit	VERB
ftr-441	1129	13	an	an	DET
ftr-441	1129	14	s	s	NOUN
ftr-441	1129	15	corporation	corporation	NOUN
ftr-441	1129	16	from	from	ADP
ftr-441	1129	17	being	be	AUX
ftr-441	1129	18	part	part	NOUN
ftr-441	1129	19	of	of	ADP
ftr-441	1129	20	an	an	DET
ftr-441	1129	21	affiliated	affiliated	ADJ
ftr-441	1129	22	group	group	NOUN
ftr-441	1129	23	55	55	NUM
ftr-441	1129	24	since	since	SCONJ
ftr-441	1129	25	s	s	PART
ftr-441	1129	26	corporations	corporation	NOUN
ftr-441	1129	27	may	may	AUX
ftr-441	1129	28	not	not	PART
ftr-441	1129	29	have	have	VERB
ftr-441	1129	30	corporate	corporate	ADJ
ftr-441	1129	31	owners	owner	NOUN
ftr-441	1129	32	,	,	PUNCT
ftr-441	1129	33	the	the	DET
ftr-441	1129	34	major	major	ADJ
ftr-441	1129	35	effect	effect	NOUN
ftr-441	1129	36	of	of	ADP
ftr-441	1129	37	this	this	DET
ftr-441	1129	38	rule	rule	NOUN
ftr-441	1129	39	was	be	AUX
ftr-441	1129	40	that	that	SCONJ
ftr-441	1129	41	s	s	VERB
ftr-441	1129	42	corporations	corporation	NOUN
ftr-441	1129	43	could	could	AUX
ftr-441	1129	44	not	not	PART
ftr-441	1129	45	own	own	VERB
ftr-441	1129	46	more	more	ADJ
ftr-441	1129	47	than	than	ADP
ftr-441	1129	48	80	80	NUM
ftr-441	1129	49	%	%	NOUN
ftr-441	1129	50	of	of	ADP
ftr-441	1129	51	the	the	DET
ftr-441	1129	52	stock	stock	NOUN
ftr-441	1129	53	of	of	ADP
ftr-441	1129	54	another	another	DET
ftr-441	1129	55	corporation	corporation	NOUN
ftr-441	1129	56	(	(	PUNCT
ftr-441	1129	57	unless	unless	SCONJ
ftr-441	1129	58	it	it	PRON
ftr-441	1129	59	was	be	AUX
ftr-441	1129	60	an	an	DET
ftr-441	1129	61	inactive	inactive	ADJ
ftr-441	1129	62	corporation	corporation	NOUN
ftr-441	1129	63	)	)	PUNCT
ftr-441	1129	64	.	.	PUNCT
ftr-441	1130	1	on	on	ADP
ftr-441	1130	2	the	the	DET
ftr-441	1130	3	other	other	ADJ
ftr-441	1130	4	hand	hand	NOUN
ftr-441	1130	5	,	,	PUNCT
ftr-441	1130	6	s	s	PART
ftr-441	1130	7	corporations	corporation	NOUN
ftr-441	1130	8	were	be	AUX
ftr-441	1130	9	permitted	permit	VERB
ftr-441	1130	10	to	to	PART
ftr-441	1130	11	be	be	AUX
ftr-441	1130	12	partners	partner	NOUN
ftr-441	1130	13	in	in	ADP
ftr-441	1130	14	partnerships	partnership	NOUN
ftr-441	1130	15	,	,	PUNCT
ftr-441	1130	16	to	to	PART
ftr-441	1130	17	be	be	AUX
ftr-441	1130	18	members	member	NOUN
ftr-441	1130	19	of	of	ADP
ftr-441	1130	20	cooperatives	cooperative	NOUN
ftr-441	1130	21	,	,	PUNCT
ftr-441	1130	22	and	and	CCONJ
ftr-441	1130	23	to	to	PART
ftr-441	1130	24	own	own	VERB
ftr-441	1130	25	stock	stock	NOUN
ftr-441	1130	26	in	in	ADP
ftr-441	1130	27	rics	ric	NOUN
ftr-441	1130	28	and	and	CCONJ
ftr-441	1130	29	reits	reit	NOUN
ftr-441	1130	30	.	.	PUNCT
ftr-441	1131	1	the	the	DET
ftr-441	1131	2	restrictions	restriction	NOUN
ftr-441	1131	3	on	on	ADP
ftr-441	1131	4	stock	stock	NOUN
ftr-441	1131	5	ownership	ownership	NOUN
ftr-441	1131	6	by	by	ADP
ftr-441	1131	7	s	s	PART
ftr-441	1131	8	corporations	corporation	NOUN
ftr-441	1131	9	have	have	AUX
ftr-441	1131	10	now	now	ADV
ftr-441	1131	11	been	be	AUX
ftr-441	1131	12	repealed	repeal	VERB
ftr-441	1131	13	,	,	PUNCT
ftr-441	1131	14	although	although	SCONJ
ftr-441	1131	15	s	s	VERB
ftr-441	1131	16	corporations	corporation	NOUN
ftr-441	1131	17	are	be	AUX
ftr-441	1131	18	prohibited	prohibit	VERB
ftr-441	1131	19	from	from	ADP
ftr-441	1131	20	filing	file	VERB
ftr-441	1131	21	consolidated	consolidated	ADJ
ftr-441	1131	22	returns	return	NOUN
ftr-441	1131	23	.	.	PUNCT
ftr-441	1132	1	'56	'56	NUM
ftr-441	1132	2	s	s	PART
ftr-441	1132	3	corporations	corporation	NOUN
ftr-441	1132	4	are	be	AUX
ftr-441	1132	5	now	now	ADV
ftr-441	1132	6	also	also	ADV
ftr-441	1132	7	allowed	allow	VERB
ftr-441	1132	8	to	to	PART
ftr-441	1132	9	be	be	AUX
ftr-441	1132	10	100	100	NUM
ftr-441	1132	11	%	%	NOUN
ftr-441	1132	12	owners	owner	NOUN
ftr-441	1132	13	of	of	ADP
ftr-441	1132	14	other	other	ADJ
ftr-441	1132	15	s	s	PART
ftr-441	1132	16	corporations	corporation	NOUN
ftr-441	1132	17	,	,	PUNCT
ftr-441	1132	18	which	which	PRON
ftr-441	1132	19	are	be	AUX
ftr-441	1132	20	then	then	ADV
ftr-441	1132	21	not	not	PART
ftr-441	1132	22	treated	treat	VERB
ftr-441	1132	23	as	as	ADP
ftr-441	1132	24	separate	separate	ADJ
ftr-441	1132	25	entities	entity	NOUN
ftr-441	1132	26	.	.	PUNCT
ftr-441	1133	1	57	57	NUM
ftr-441	1133	2	rics	ric	NOUN
ftr-441	1133	3	and	and	CCONJ
ftr-441	1133	4	reits	reit	NOUN
ftr-441	1133	5	are	be	AUX
ftr-441	1133	6	limited	limit	VERB
ftr-441	1133	7	in	in	ADP
ftr-441	1133	8	the	the	DET
ftr-441	1133	9	amount	amount	NOUN
ftr-441	1133	10	of	of	ADP
ftr-441	1133	11	their	their	PRON
ftr-441	1133	12	assets	asset	NOUN
ftr-441	1133	13	that	that	PRON
ftr-441	1133	14	can	can	AUX
ftr-441	1133	15	be	be	AUX
ftr-441	1133	16	invested	invest	VERB
ftr-441	1133	17	in	in	ADP
ftr-441	1133	18	particular	particular	ADJ
ftr-441	1133	19	companies.15	companies.15	NOUN
ftr-441	1133	20	the	the	DET
ftr-441	1133	21	rules	rule	NOUN
ftr-441	1133	22	applicable	applicable	ADJ
ftr-441	1133	23	to	to	ADP
ftr-441	1133	24	rics	ric	NOUN
ftr-441	1133	25	and	and	CCONJ
ftr-441	1133	26	reits	reit	NOUN
ftr-441	1133	27	,	,	PUNCT
ftr-441	1133	28	however	however	ADV
ftr-441	1133	29	,	,	PUNCT
ftr-441	1133	30	are	be	AUX
ftr-441	1133	31	not	not	PART
ftr-441	1133	32	functions	function	NOUN
ftr-441	1133	33	of	of	ADP
ftr-441	1133	34	the	the	DET
ftr-441	1133	35	conduit	conduit	NOUN
ftr-441	1133	36	nature	nature	NOUN
ftr-441	1133	37	of	of	ADP
ftr-441	1133	38	those	those	DET
ftr-441	1133	39	entities	entity	NOUN
ftr-441	1133	40	.	.	PUNCT
ftr-441	1134	1	rather	rather	ADV
ftr-441	1134	2	,	,	PUNCT
ftr-441	1134	3	they	they	PRON
ftr-441	1134	4	relate	relate	VERB
ftr-441	1134	5	to	to	ADP
ftr-441	1134	6	their	their	PRON
ftr-441	1134	7	roles	role	NOUN
ftr-441	1134	8	as	as	ADP
ftr-441	1134	9	investment	investment	NOUN
ftr-441	1134	10	vehicles	vehicle	NOUN
ftr-441	1134	11	for	for	ADP
ftr-441	1134	12	relatively	relatively	ADV
ftr-441	1134	13	small	small	ADJ
ftr-441	1134	14	investors	investor	NOUN
ftr-441	1134	15	,	,	PUNCT
ftr-441	1134	16	and	and	CCONJ
ftr-441	1134	17	a	a	DET
ftr-441	1134	18	securities	security	NOUN
ftr-441	1134	19	law	law	NOUN
ftr-441	1134	20	concern	concern	NOUN
ftr-441	1134	21	that	that	SCONJ
ftr-441	1134	22	such	such	ADJ
ftr-441	1134	23	vehicles	vehicle	NOUN
ftr-441	1134	24	be	be	AUX
ftr-441	1134	25	sufficiently	sufficiently	ADV
ftr-441	1134	26	diversified	diversify	VERB
ftr-441	1134	27	so	so	ADV
ftr-441	1134	28	as	as	SCONJ
ftr-441	1134	29	not	not	PART
ftr-441	1134	30	to	to	PART
ftr-441	1134	31	be	be	AUX
ftr-441	1134	32	too	too	ADV
ftr-441	1134	33	risky	risky	ADJ
ftr-441	1134	34	for	for	ADP
ftr-441	1134	35	such	such	ADJ
ftr-441	1134	36	investors	investor	NOUN
ftr-441	1134	37	.	.	PUNCT
ftr-441	1135	1	'59	'59	NUM
ftr-441	1135	2	consistent	consistent	ADJ
ftr-441	1135	3	with	with	ADP
ftr-441	1135	4	congress	congress	PROPN
ftr-441	1135	5	's	's	PART
ftr-441	1135	6	recent	recent	ADJ
ftr-441	1135	7	change	change	NOUN
ftr-441	1135	8	regarding	regard	VERB
ftr-441	1135	9	s	s	NOUN
ftr-441	1135	10	corporations	corporation	NOUN
ftr-441	1135	11	,	,	PUNCT
ftr-441	1135	12	there	there	PRON
ftr-441	1135	13	does	do	AUX
ftr-441	1135	14	not	not	PART
ftr-441	1135	15	seem	seem	VERB
ftr-441	1135	16	to	to	PART
ftr-441	1135	17	be	be	AUX
ftr-441	1135	18	any	any	DET
ftr-441	1135	19	reason	reason	NOUN
ftr-441	1135	20	to	to	PART
ftr-441	1135	21	impose	impose	VERB
ftr-441	1135	22	any	any	DET
ftr-441	1135	23	restrictions	restriction	NOUN
ftr-441	1135	24	on	on	ADP
ftr-441	1135	25	the	the	DET
ftr-441	1135	26	particular	particular	ADJ
ftr-441	1135	27	type	type	NOUN
ftr-441	1135	28	of	of	ADP
ftr-441	1135	29	entity	entity	NOUN
ftr-441	1135	30	an	an	DET
ftr-441	1135	31	spbf	spbf	NOUN
ftr-441	1135	32	may	may	AUX
ftr-441	1135	33	own	own	VERB
ftr-441	1135	34	.	.	PUNCT
ftr-441	1136	1	c.	c.	NOUN
ftr-441	1136	2	nature	nature	NOUN
ftr-441	1136	3	of	of	ADP
ftr-441	1136	4	income.-eligibility	income.-eligibility	NOUN
ftr-441	1136	5	for	for	ADP
ftr-441	1136	6	certain	certain	ADJ
ftr-441	1136	7	pass	pass	VERB
ftr-441	1136	8	-	-	PUNCT
ftr-441	1136	9	through	through	ADP
ftr-441	1136	10	entity	entity	NOUN
ftr-441	1136	11	regimes	regime	NOUN
ftr-441	1136	12	under	under	ADP
ftr-441	1136	13	current	current	ADJ
ftr-441	1136	14	law	law	NOUN
ftr-441	1136	15	is	be	AUX
ftr-441	1136	16	conditioned	condition	VERB
ftr-441	1136	17	on	on	ADP
ftr-441	1136	18	the	the	DET
ftr-441	1136	19	nature	nature	NOUN
ftr-441	1136	20	of	of	ADP
ftr-441	1136	21	the	the	DET
ftr-441	1136	22	firm	firm	NOUN
ftr-441	1136	23	's	's	PART
ftr-441	1136	24	income	income	NOUN
ftr-441	1136	25	or	or	CCONJ
ftr-441	1136	26	business	business	NOUN
ftr-441	1136	27	activities	activity	NOUN
ftr-441	1136	28	.	.	PUNCT
ftr-441	1137	1	but	but	CCONJ
ftr-441	1137	2	the	the	DET
ftr-441	1137	3	significance	significance	NOUN
ftr-441	1137	4	of	of	ADP
ftr-441	1137	5	a	a	DET
ftr-441	1137	6	firm	firm	NOUN
ftr-441	1137	7	's	's	PART
ftr-441	1137	8	passive	passive	ADJ
ftr-441	1137	9	or	or	CCONJ
ftr-441	1137	10	family	family	NOUN
ftr-441	1137	11	members	member	NOUN
ftr-441	1137	12	,	,	PUNCT
ftr-441	1137	13	employees	employee	NOUN
ftr-441	1137	14	and	and	CCONJ
ftr-441	1137	15	capital	capital	NOUN
ftr-441	1137	16	investors	investor	NOUN
ftr-441	1137	17	.	.	PUNCT
ftr-441	1137	18	"	"	PUNCT
ftr-441	1138	1	s.	s.	PROPN
ftr-441	1138	2	rep	rep	PROPN
ftr-441	1138	3	.	.	PROPN
ftr-441	1138	4	no	no	PROPN
ftr-441	1138	5	.	.	NOUN
ftr-441	1138	6	281	281	NUM
ftr-441	1138	7	,	,	PUNCT
ftr-441	1138	8	104th	104th	ADJ
ftr-441	1138	9	cong	cong	NOUN
ftr-441	1138	10	.	.	PROPN
ftr-441	1138	11	,	,	PUNCT
ftr-441	1138	12	2d	2d	PROPN
ftr-441	1138	13	sess	sess	NOUN
ftr-441	1138	14	.	.	PUNCT
ftr-441	1139	1	45	45	NUM
ftr-441	1139	2	(	(	PUNCT
ftr-441	1139	3	1996	1996	NUM
ftr-441	1139	4	)	)	PUNCT
ftr-441	1139	5	,	,	PUNCT
ftr-441	1139	6	reprinted	reprint	VERB
ftr-441	1139	7	in	in	ADP
ftr-441	1139	8	1996	1996	NUM
ftr-441	1139	9	u.s.c.c.a.n	u.s.c.c.a.n	PROPN
ftr-441	1139	10	.	.	PUNCT
ftr-441	1139	11	1474	1474	NUM
ftr-441	1139	12	,	,	PUNCT
ftr-441	1139	13	1519	1519	NUM
ftr-441	1139	14	.	.	PUNCT
ftr-441	1140	1	congress	congress	PROPN
ftr-441	1140	2	's	's	PART
ftr-441	1140	3	reasoning	reasoning	NOUN
ftr-441	1140	4	may	may	AUX
ftr-441	1140	5	justify	justify	VERB
ftr-441	1140	6	a	a	DET
ftr-441	1140	7	number	number	NOUN
ftr-441	1140	8	greater	great	ADJ
ftr-441	1140	9	than	than	ADP
ftr-441	1140	10	35	35	NUM
ftr-441	1140	11	,	,	PUNCT
ftr-441	1140	12	but	but	CCONJ
ftr-441	1140	13	does	do	AUX
ftr-441	1140	14	n't	not	PART
ftr-441	1140	15	explain	explain	VERB
ftr-441	1140	16	the	the	DET
ftr-441	1140	17	reason	reason	NOUN
ftr-441	1140	18	for	for	ADP
ftr-441	1140	19	stopping	stop	VERB
ftr-441	1140	20	at	at	ADP
ftr-441	1140	21	75	75	NUM
ftr-441	1140	22	.	.	PUNCT
ftr-441	1140	23	155	155	NUM
ftr-441	1140	24	.	.	PUNCT
ftr-441	1141	1	see	see	VERB
ftr-441	1141	2	former	former	ADJ
ftr-441	1141	3	irc	irc	PROPN
ftr-441	1141	4	§	§	PROPN
ftr-441	1141	5	1361(b)(2)(a	1361(b)(2)(a	NUM
ftr-441	1141	6	)	)	PUNCT
ftr-441	1141	7	,	,	PUNCT
ftr-441	1141	8	repealed	repeal	VERB
ftr-441	1141	9	by	by	ADP
ftr-441	1141	10	the	the	DET
ftr-441	1141	11	small	small	ADJ
ftr-441	1141	12	business	business	NOUN
ftr-441	1141	13	job	job	NOUN
ftr-441	1141	14	protection	protection	NOUN
ftr-441	1141	15	act	act	NOUN
ftr-441	1141	16	of	of	ADP
ftr-441	1141	17	1996	1996	NUM
ftr-441	1141	18	,	,	PUNCT
ftr-441	1141	19	pub	pub	NOUN
ftr-441	1141	20	.	.	PUNCT
ftr-441	1142	1	l.	l.	PROPN
ftr-441	1142	2	no	no	INTJ
ftr-441	1142	3	.	.	PROPN
ftr-441	1143	1	104	104	NUM
ftr-441	1143	2	-	-	SYM
ftr-441	1143	3	188	188	NUM
ftr-441	1143	4	,	,	PUNCT
ftr-441	1143	5	§	§	NOUN
ftr-441	1143	6	1308(a	1308(a	NUM
ftr-441	1143	7	)	)	PUNCT
ftr-441	1143	8	.	.	PUNCT
ftr-441	1144	1	156	156	NUM
ftr-441	1144	2	.	.	PUNCT
ftr-441	1144	3	see	see	VERB
ftr-441	1144	4	irc	irc	PROPN
ftr-441	1144	5	§	§	PROPN
ftr-441	1144	6	1504(b)(8	1504(b)(8	NUM
ftr-441	1144	7	)	)	PUNCT
ftr-441	1144	8	,	,	PUNCT
ftr-441	1144	9	added	add	VERB
ftr-441	1144	10	by	by	ADP
ftr-441	1144	11	the	the	DET
ftr-441	1144	12	small	small	ADJ
ftr-441	1144	13	business	business	NOUN
ftr-441	1144	14	job	job	NOUN
ftr-441	1144	15	protection	protection	NOUN
ftr-441	1144	16	act	act	NOUN
ftr-441	1144	17	of	of	ADP
ftr-441	1144	18	1996	1996	NUM
ftr-441	1144	19	,	,	PUNCT
ftr-441	1144	20	pub	pub	NOUN
ftr-441	1144	21	.	.	PUNCT
ftr-441	1145	1	l.	l.	PROPN
ftr-441	1145	2	no	no	INTJ
ftr-441	1145	3	.	.	PROPN
ftr-441	1146	1	104	104	NUM
ftr-441	1146	2	-	-	SYM
ftr-441	1146	3	188	188	NUM
ftr-441	1146	4	,	,	PUNCT
ftr-441	1146	5	§	§	NOUN
ftr-441	1146	6	1308(d)(2	1308(d)(2	NUM
ftr-441	1146	7	)	)	PUNCT
ftr-441	1146	8	(	(	PUNCT
ftr-441	1146	9	excepts	except	VERB
ftr-441	1146	10	s	s	PRON
ftr-441	1146	11	corporations	corporation	NOUN
ftr-441	1146	12	from	from	ADP
ftr-441	1146	13	the	the	DET
ftr-441	1146	14	definition	definition	NOUN
ftr-441	1146	15	of	of	ADP
ftr-441	1146	16	"	"	PUNCT
ftr-441	1146	17	includible	includible	ADJ
ftr-441	1146	18	corporation	corporation	NOUN
ftr-441	1146	19	"	"	PUNCT
ftr-441	1146	20	)	)	PUNCT
ftr-441	1146	21	.	.	PUNCT
ftr-441	1147	1	this	this	DET
ftr-441	1147	2	change	change	NOUN
ftr-441	1147	3	tracks	track	VERB
ftr-441	1147	4	a	a	DET
ftr-441	1147	5	suggestion	suggestion	NOUN
ftr-441	1147	6	made	make	VERB
ftr-441	1147	7	by	by	ADP
ftr-441	1147	8	professor	professor	NOUN
ftr-441	1147	9	eustice	eustice	NOUN
ftr-441	1147	10	.	.	PUNCT
ftr-441	1148	1	see	see	VERB
ftr-441	1148	2	eustice	eustice	NOUN
ftr-441	1148	3	,	,	PUNCT
ftr-441	1148	4	supra	supra	PROPN
ftr-441	1148	5	note	note	PROPN
ftr-441	1148	6	147	147	NUM
ftr-441	1148	7	,	,	PUNCT
ftr-441	1148	8	at	at	ADP
ftr-441	1148	9	360	360	NUM
ftr-441	1148	10	.	.	PUNCT
ftr-441	1149	1	157	157	NUM
ftr-441	1149	2	.	.	PUNCT
ftr-441	1149	3	see	see	VERB
ftr-441	1149	4	irc	irc	PROPN
ftr-441	1149	5	§	§	PROPN
ftr-441	1149	6	1361(b)(3	1361(b)(3	NUM
ftr-441	1149	7	)	)	PUNCT
ftr-441	1149	8	,	,	PUNCT
ftr-441	1149	9	added	add	VERB
ftr-441	1149	10	by	by	ADP
ftr-441	1149	11	the	the	DET
ftr-441	1149	12	small	small	ADJ
ftr-441	1149	13	business	business	NOUN
ftr-441	1149	14	job	job	NOUN
ftr-441	1149	15	protection	protection	NOUN
ftr-441	1149	16	act	act	NOUN
ftr-441	1149	17	of	of	ADP
ftr-441	1149	18	1996	1996	NUM
ftr-441	1149	19	,	,	PUNCT
ftr-441	1149	20	pub	pub	NOUN
ftr-441	1149	21	.	.	PUNCT
ftr-441	1150	1	l.	l.	PROPN
ftr-441	1150	2	no	no	INTJ
ftr-441	1150	3	.	.	PROPN
ftr-441	1151	1	104	104	NUM
ftr-441	1151	2	-	-	SYM
ftr-441	1151	3	188	188	NUM
ftr-441	1151	4	,	,	PUNCT
ftr-441	1151	5	§	§	PROPN
ftr-441	1151	6	1308(b	1308(b	NUM
ftr-441	1151	7	)	)	PUNCT
ftr-441	1151	8	.	.	PUNCT
ftr-441	1152	1	158	158	X
ftr-441	1152	2	.	.	PUNCT
ftr-441	1153	1	see	see	VERB
ftr-441	1153	2	irc	irc	PROPN
ftr-441	1153	3	§	§	PROPN
ftr-441	1153	4	§	§	PROPN
ftr-441	1153	5	851(b)(4	851(b)(4	PROPN
ftr-441	1153	6	)	)	PUNCT
ftr-441	1153	7	and	and	CCONJ
ftr-441	1153	8	856(c)(5)(b	856(c)(5)(b	NUM
ftr-441	1153	9	)	)	PUNCT
ftr-441	1153	10	.	.	PUNCT
ftr-441	1154	1	159	159	NUM
ftr-441	1154	2	.	.	PUNCT
ftr-441	1155	1	the	the	DET
ftr-441	1155	2	relevant	relevant	ADJ
ftr-441	1155	3	provisions	provision	NOUN
ftr-441	1155	4	are	be	AUX
ftr-441	1155	5	referred	refer	VERB
ftr-441	1155	6	to	to	ADP
ftr-441	1155	7	as	as	ADP
ftr-441	1155	8	diversification	diversification	NOUN
ftr-441	1155	9	of	of	ADP
ftr-441	1155	10	investment	investment	NOUN
ftr-441	1155	11	requirements	requirement	NOUN
ftr-441	1155	12	.	.	PUNCT
ftr-441	1156	1	see	see	VERB
ftr-441	1156	2	regs	reg	NOUN
ftr-441	1156	3	.	.	PUNCT
ftr-441	1157	1	§	§	PROPN
ftr-441	1157	2	§	§	PROPN
ftr-441	1157	3	1.851	1.851	NUM
ftr-441	1157	4	-	-	SYM
ftr-441	1157	5	2(c	2(c	NUM
ftr-441	1157	6	)	)	PUNCT
ftr-441	1157	7	and	and	CCONJ
ftr-441	1157	8	1.856	1.856	NUM
ftr-441	1157	9	-	-	NUM
ftr-441	1157	10	2(d	2(d	NUM
ftr-441	1157	11	)	)	PUNCT
ftr-441	1157	12	.	.	PUNCT
ftr-441	1158	1	[	[	X
ftr-441	1158	2	vol	vol	NOUN
ftr-441	1158	3	4:3	4:3	NUM
ftr-441	1158	4	the	the	DET
ftr-441	1158	5	future	future	ADJ
ftr-441	1158	6	taxation	taxation	NOUN
ftr-441	1158	7	of	of	ADP
ftr-441	1158	8	private	private	ADJ
ftr-441	1158	9	business	business	NOUN
ftr-441	1158	10	firms	firm	NOUN
ftr-441	1158	11	active	active	ADJ
ftr-441	1158	12	income	income	NOUN
ftr-441	1158	13	or	or	CCONJ
ftr-441	1158	14	business	business	NOUN
ftr-441	1158	15	activity	activity	NOUN
ftr-441	1158	16	is	be	AUX
ftr-441	1158	17	not	not	PART
ftr-441	1158	18	coherent	coherent	ADJ
ftr-441	1158	19	across	across	ADP
ftr-441	1158	20	the	the	DET
ftr-441	1158	21	different	different	ADJ
ftr-441	1158	22	tax	tax	NOUN
ftr-441	1158	23	regimes	regime	NOUN
ftr-441	1158	24	.	.	PUNCT
ftr-441	1159	1	for	for	SCONJ
ftr-441	1159	2	a	a	DET
ftr-441	1159	3	trust	trust	NOUN
ftr-441	1159	4	to	to	PART
ftr-441	1159	5	be	be	AUX
ftr-441	1159	6	classified	classify	VERB
ftr-441	1159	7	as	as	ADP
ftr-441	1159	8	such	such	ADJ
ftr-441	1159	9	,	,	PUNCT
ftr-441	1159	10	it	it	PRON
ftr-441	1159	11	can	can	AUX
ftr-441	1159	12	not	not	PART
ftr-441	1159	13	be	be	AUX
ftr-441	1159	14	engaged	engage	VERB
ftr-441	1159	15	in	in	ADP
ftr-441	1159	16	an	an	DET
ftr-441	1159	17	active	active	ADJ
ftr-441	1159	18	business	business	NOUN
ftr-441	1159	19	.	.	PUNCT
ftr-441	1160	1	in	in	ADP
ftr-441	1160	2	the	the	DET
ftr-441	1160	3	past	past	NOUN
ftr-441	1160	4	,	,	PUNCT
ftr-441	1160	5	failure	failure	NOUN
ftr-441	1160	6	to	to	PART
ftr-441	1160	7	qualify	qualify	VERB
ftr-441	1160	8	as	as	ADP
ftr-441	1160	9	a	a	DET
ftr-441	1160	10	trust	trust	NOUN
ftr-441	1160	11	would	would	AUX
ftr-441	1160	12	probably	probably	ADV
ftr-441	1160	13	have	have	AUX
ftr-441	1160	14	doomed	doom	VERB
ftr-441	1160	15	the	the	DET
ftr-441	1160	16	trust	trust	NOUN
ftr-441	1160	17	to	to	PART
ftr-441	1160	18	be	be	AUX
ftr-441	1160	19	taxed	tax	VERB
ftr-441	1160	20	as	as	ADP
ftr-441	1160	21	a	a	DET
ftr-441	1160	22	corporation	corporation	NOUN
ftr-441	1160	23	,	,	PUNCT
ftr-441	1160	24	but	but	CCONJ
ftr-441	1160	25	that	that	PRON
ftr-441	1160	26	is	be	AUX
ftr-441	1160	27	no	no	ADV
ftr-441	1160	28	longer	long	ADV
ftr-441	1160	29	true	true	ADJ
ftr-441	1160	30	under	under	ADP
ftr-441	1160	31	the	the	DET
ftr-441	1160	32	check	check	VERB
ftr-441	1160	33	-	-	PUNCT
ftr-441	1160	34	the	the	DET
ftr-441	1160	35	-	-	PUNCT
ftr-441	1160	36	box	box	NOUN
ftr-441	1160	37	classification	classification	NOUN
ftr-441	1160	38	regulations	regulation	NOUN
ftr-441	1160	39	.	.	PUNCT
ftr-441	1161	1	"6	"6	VERB
ftr-441	1161	2	on	on	ADP
ftr-441	1161	3	the	the	DET
ftr-441	1161	4	other	other	ADJ
ftr-441	1161	5	hand	hand	NOUN
ftr-441	1161	6	,	,	PUNCT
ftr-441	1161	7	s	s	VERB
ftr-441	1161	8	corporations	corporation	NOUN
ftr-441	1161	9	with	with	ADP
ftr-441	1161	10	earnings	earning	NOUN
ftr-441	1161	11	and	and	CCONJ
ftr-441	1161	12	profits	profit	NOUN
ftr-441	1161	13	from	from	ADP
ftr-441	1161	14	their	their	PRON
ftr-441	1161	15	operations	operation	NOUN
ftr-441	1161	16	as	as	SCONJ
ftr-441	1161	17	c	c	PROPN
ftr-441	1161	18	corporations	corporation	NOUN
ftr-441	1161	19	are	be	AUX
ftr-441	1161	20	currently	currently	ADV
ftr-441	1161	21	subject	subject	ADJ
ftr-441	1161	22	to	to	ADP
ftr-441	1161	23	tax	tax	NOUN
ftr-441	1161	24	if	if	SCONJ
ftr-441	1161	25	they	they	PRON
ftr-441	1161	26	have	have	VERB
ftr-441	1161	27	excessive	excessive	ADJ
ftr-441	1161	28	passive	passive	ADJ
ftr-441	1161	29	income.161	income.161	ADJ
ftr-441	1161	30	most	most	ADJ
ftr-441	1161	31	income	income	NOUN
ftr-441	1161	32	of	of	ADP
ftr-441	1161	33	rics	ric	NOUN
ftr-441	1161	34	must	must	AUX
ftr-441	1161	35	come	come	VERB
ftr-441	1161	36	from	from	ADP
ftr-441	1161	37	investment	investment	NOUN
ftr-441	1161	38	sources	source	NOUN
ftr-441	1161	39	,	,	PUNCT
ftr-441	1161	40	'	'	PUNCT
ftr-441	1161	41	62	62	NUM
ftr-441	1161	42	and	and	CCONJ
ftr-441	1161	43	the	the	DET
ftr-441	1161	44	income	income	NOUN
ftr-441	1161	45	of	of	ADP
ftr-441	1161	46	reits	reit	NOUN
ftr-441	1161	47	must	must	AUX
ftr-441	1161	48	come	come	VERB
ftr-441	1161	49	substantially	substantially	ADV
ftr-441	1161	50	from	from	ADP
ftr-441	1161	51	real	real	ADJ
ftr-441	1161	52	estate	estate	NOUN
ftr-441	1161	53	investments	investment	NOUN
ftr-441	1161	54	that	that	PRON
ftr-441	1161	55	must	must	AUX
ftr-441	1161	56	be	be	AUX
ftr-441	1161	57	relatively	relatively	ADV
ftr-441	1161	58	passive	passive	ADJ
ftr-441	1161	59	in	in	ADP
ftr-441	1161	60	nature	nature	NOUN
ftr-441	1161	61	.	.	PUNCT
ftr-441	1161	62	"	"	PUNCT
ftr-441	1162	1	remics	remic	NOUN
ftr-441	1162	2	are	be	AUX
ftr-441	1162	3	generally	generally	ADV
ftr-441	1162	4	limited	limit	VERB
ftr-441	1162	5	to	to	ADP
ftr-441	1162	6	holding	hold	VERB
ftr-441	1162	7	mortgages	mortgage	NOUN
ftr-441	1162	8	and	and	CCONJ
ftr-441	1162	9	other	other	ADJ
ftr-441	1162	10	passive	passive	ADJ
ftr-441	1162	11	investments	investment	NOUN
ftr-441	1162	12	,	,	PUNCT
ftr-441	1162	13	'	'	PUNCT
ftr-441	1162	14	(	(	PUNCT
ftr-441	1162	15	'	'	PUNCT
ftr-441	1162	16	and	and	CCONJ
ftr-441	1162	17	fasits	fasit	NOUN
ftr-441	1162	18	are	be	AUX
ftr-441	1162	19	similarly	similarly	ADV
ftr-441	1162	20	limited	limit	VERB
ftr-441	1162	21	to	to	ADP
ftr-441	1162	22	certain	certain	ADJ
ftr-441	1162	23	short	short	ADJ
ftr-441	1162	24	-	-	PUNCT
ftr-441	1162	25	term	term	NOUN
ftr-441	1162	26	debt	debt	NOUN
ftr-441	1162	27	instruments	instrument	NOUN
ftr-441	1162	28	.	.	PUNCT
ftr-441	1163	1	65	65	NUM
ftr-441	1163	2	partnerships	partnership	NOUN
ftr-441	1163	3	generally	generally	ADV
ftr-441	1163	4	have	have	VERB
ftr-441	1163	5	no	no	DET
ftr-441	1163	6	limitation	limitation	NOUN
ftr-441	1163	7	on	on	ADP
ftr-441	1163	8	the	the	DET
ftr-441	1163	9	type	type	NOUN
ftr-441	1163	10	of	of	ADP
ftr-441	1163	11	income	income	NOUN
ftr-441	1163	12	that	that	SCONJ
ftr-441	1163	13	they	they	PRON
ftr-441	1163	14	can	can	AUX
ftr-441	1163	15	earn	earn	VERB
ftr-441	1163	16	,	,	PUNCT
ftr-441	1163	17	except	except	SCONJ
ftr-441	1163	18	that	that	SCONJ
ftr-441	1163	19	partnerships	partnership	NOUN
ftr-441	1163	20	with	with	ADP
ftr-441	1163	21	publicly	publicly	ADV
ftr-441	1163	22	traded	trade	VERB
ftr-441	1163	23	ownership	ownership	NOUN
ftr-441	1163	24	interests	interest	NOUN
ftr-441	1163	25	escape	escape	VERB
ftr-441	1163	26	corporate	corporate	ADJ
ftr-441	1163	27	classification	classification	NOUN
ftr-441	1163	28	if	if	SCONJ
ftr-441	1163	29	90	90	NUM
ftr-441	1163	30	%	%	NOUN
ftr-441	1163	31	or	or	CCONJ
ftr-441	1163	32	more	more	ADJ
ftr-441	1163	33	of	of	ADP
ftr-441	1163	34	their	their	PRON
ftr-441	1163	35	gross	gross	ADJ
ftr-441	1163	36	income	income	NOUN
ftr-441	1163	37	consists	consist	VERB
ftr-441	1163	38	of	of	ADP
ftr-441	1163	39	certain	certain	ADJ
ftr-441	1163	40	categories	category	NOUN
ftr-441	1163	41	of	of	ADP
ftr-441	1163	42	"	"	PUNCT
ftr-441	1163	43	qualifying	qualify	VERB
ftr-441	1163	44	income	income	NOUN
ftr-441	1163	45	.	.	PUNCT
ftr-441	1164	1	"	"	PUNCT
ftr-441	1164	2	'	'	PUNCT
ftr-441	1164	3	"	"	PUNCT
ftr-441	1164	4	160	160	NUM
ftr-441	1164	5	.	.	PUNCT
ftr-441	1165	1	although	although	SCONJ
ftr-441	1165	2	the	the	DET
ftr-441	1165	3	former	former	ADJ
ftr-441	1165	4	classification	classification	NOUN
ftr-441	1165	5	regulations	regulation	NOUN
ftr-441	1165	6	provided	provide	VERB
ftr-441	1165	7	that	that	SCONJ
ftr-441	1165	8	an	an	DET
ftr-441	1165	9	entity	entity	NOUN
ftr-441	1165	10	that	that	PRON
ftr-441	1165	11	failed	fail	VERB
ftr-441	1165	12	trust	trust	NOUN
ftr-441	1165	13	classification	classification	NOUN
ftr-441	1165	14	could	could	AUX
ftr-441	1165	15	be	be	AUX
ftr-441	1165	16	classified	classify	VERB
ftr-441	1165	17	as	as	ADP
ftr-441	1165	18	either	either	CCONJ
ftr-441	1165	19	a	a	DET
ftr-441	1165	20	partnership	partnership	NOUN
ftr-441	1165	21	or	or	CCONJ
ftr-441	1165	22	an	an	DET
ftr-441	1165	23	association	association	NOUN
ftr-441	1165	24	,	,	PUNCT
ftr-441	1165	25	see	see	VERB
ftr-441	1165	26	former	former	ADJ
ftr-441	1165	27	regs	reg	NOUN
ftr-441	1165	28	.	.	PUNCT
ftr-441	1166	1	§	§	PROPN
ftr-441	1166	2	301.7701	301.7701	NUM
ftr-441	1166	3	-	-	SYM
ftr-441	1166	4	4(b	4(b	NUM
ftr-441	1166	5	)	)	PUNCT
ftr-441	1166	6	,	,	PUNCT
ftr-441	1166	7	the	the	DET
ftr-441	1166	8	four	four	NUM
ftr-441	1166	9	factor	factor	NOUN
ftr-441	1166	10	test	test	NOUN
ftr-441	1166	11	usually	usually	ADV
ftr-441	1166	12	resulted	result	VERB
ftr-441	1166	13	in	in	ADP
ftr-441	1166	14	entities	entity	NOUN
ftr-441	1166	15	formed	form	VERB
ftr-441	1166	16	as	as	ADP
ftr-441	1166	17	trusts	trust	NOUN
ftr-441	1166	18	being	be	AUX
ftr-441	1166	19	classified	classify	VERB
ftr-441	1166	20	as	as	ADP
ftr-441	1166	21	corporations	corporation	NOUN
ftr-441	1166	22	.	.	PUNCT
ftr-441	1167	1	trusts	trust	NOUN
ftr-441	1167	2	would	would	AUX
ftr-441	1167	3	generally	generally	ADV
ftr-441	1167	4	have	have	VERB
ftr-441	1167	5	limited	limit	VERB
ftr-441	1167	6	liability	liability	NOUN
ftr-441	1167	7	,	,	PUNCT
ftr-441	1167	8	free	free	ADJ
ftr-441	1167	9	transferability	transferability	NOUN
ftr-441	1167	10	of	of	ADP
ftr-441	1167	11	interests	interest	NOUN
ftr-441	1167	12	,	,	PUNCT
ftr-441	1167	13	and	and	CCONJ
ftr-441	1167	14	centralized	centralized	ADJ
ftr-441	1167	15	management	management	NOUN
ftr-441	1167	16	,	,	PUNCT
ftr-441	1167	17	and	and	CCONJ
ftr-441	1167	18	would	would	AUX
ftr-441	1167	19	be	be	AUX
ftr-441	1167	20	classified	classify	VERB
ftr-441	1167	21	as	as	ADP
ftr-441	1167	22	associations	association	NOUN
ftr-441	1167	23	with	with	ADP
ftr-441	1167	24	those	those	DET
ftr-441	1167	25	three	three	NUM
ftr-441	1167	26	corporate	corporate	ADJ
ftr-441	1167	27	characteristics	characteristic	NOUN
ftr-441	1167	28	.	.	PUNCT
ftr-441	1168	1	the	the	DET
ftr-441	1168	2	check	check	VERB
ftr-441	1168	3	-	-	PUNCT
ftr-441	1168	4	the	the	DET
ftr-441	1168	5	-	-	PUNCT
ftr-441	1168	6	box	box	NOUN
ftr-441	1168	7	regulations	regulation	NOUN
ftr-441	1168	8	treat	treat	VERB
ftr-441	1168	9	failed	fail	VERB
ftr-441	1168	10	trusts	trust	NOUN
ftr-441	1168	11	as	as	ADP
ftr-441	1168	12	"	"	PUNCT
ftr-441	1168	13	business	business	NOUN
ftr-441	1168	14	entities	entity	NOUN
ftr-441	1168	15	.	.	PUNCT
ftr-441	1168	16	"	"	PUNCT
ftr-441	1168	17	and	and	CCONJ
ftr-441	1168	18	therefore	therefore	ADV
ftr-441	1168	19	permit	permit	VERB
ftr-441	1168	20	them	they	PRON
ftr-441	1168	21	to	to	PART
ftr-441	1168	22	make	make	VERB
ftr-441	1168	23	an	an	DET
ftr-441	1168	24	explicit	explicit	ADJ
ftr-441	1168	25	entity	entity	NOUN
ftr-441	1168	26	classification	classification	NOUN
ftr-441	1168	27	election	election	NOUN
ftr-441	1168	28	for	for	ADP
ftr-441	1168	29	tax	tax	NOUN
ftr-441	1168	30	purposes	purpose	NOUN
ftr-441	1168	31	.	.	PUNCT
ftr-441	1169	1	see	see	VERB
ftr-441	1169	2	regs	reg	NOUN
ftr-441	1169	3	.	.	PUNCT
ftr-441	1170	1	§	§	PROPN
ftr-441	1170	2	301.7701	301.7701	NUM
ftr-441	1170	3	-	-	SYM
ftr-441	1170	4	4(b	4(b	NUM
ftr-441	1170	5	)	)	PUNCT
ftr-441	1170	6	.	.	PUNCT
ftr-441	1171	1	161	161	NUM
ftr-441	1171	2	.	.	PUNCT
ftr-441	1171	3	see	see	VERB
ftr-441	1171	4	irc	irc	PROPN
ftr-441	1171	5	§	§	PROPN
ftr-441	1171	6	1375	1375	NUM
ftr-441	1171	7	.	.	PUNCT
ftr-441	1172	1	162	162	NUM
ftr-441	1172	2	.	.	PUNCT
ftr-441	1173	1	irc	irc	AUX
ftr-441	1173	2	§	§	PROPN
ftr-441	1173	3	851(b)(2	851(b)(2	NUM
ftr-441	1173	4	)	)	PUNCT
ftr-441	1173	5	provides	provide	VERB
ftr-441	1173	6	that	that	SCONJ
ftr-441	1173	7	at	at	ADV
ftr-441	1173	8	least	least	ADV
ftr-441	1173	9	90	90	NUM
ftr-441	1173	10	%	%	NOUN
ftr-441	1173	11	of	of	ADP
ftr-441	1173	12	the	the	DET
ftr-441	1173	13	gross	gross	ADJ
ftr-441	1173	14	income	income	NOUN
ftr-441	1173	15	of	of	ADP
ftr-441	1173	16	a	a	DET
ftr-441	1173	17	ric	ric	NOUN
ftr-441	1173	18	for	for	ADP
ftr-441	1173	19	any	any	DET
ftr-441	1173	20	taxable	taxable	ADJ
ftr-441	1173	21	year	year	NOUN
ftr-441	1173	22	must	must	AUX
ftr-441	1173	23	be	be	AUX
ftr-441	1173	24	from	from	ADP
ftr-441	1173	25	dividends	dividend	NOUN
ftr-441	1173	26	,	,	PUNCT
ftr-441	1173	27	interest	interest	NOUN
ftr-441	1173	28	,	,	PUNCT
ftr-441	1173	29	payments	payment	NOUN
ftr-441	1173	30	with	with	ADP
ftr-441	1173	31	respect	respect	NOUN
ftr-441	1173	32	to	to	ADP
ftr-441	1173	33	security	security	NOUN
ftr-441	1173	34	loans	loan	NOUN
ftr-441	1173	35	,	,	PUNCT
ftr-441	1173	36	and	and	CCONJ
ftr-441	1173	37	gains	gain	NOUN
ftr-441	1173	38	from	from	ADP
ftr-441	1173	39	the	the	DET
ftr-441	1173	40	sale	sale	NOUN
ftr-441	1173	41	of	of	ADP
ftr-441	1173	42	stocks	stock	NOUN
ftr-441	1173	43	,	,	PUNCT
ftr-441	1173	44	securities	security	NOUN
ftr-441	1173	45	,	,	PUNCT
ftr-441	1173	46	foreign	foreign	ADJ
ftr-441	1173	47	currency	currency	NOUN
ftr-441	1173	48	,	,	PUNCT
ftr-441	1173	49	or	or	CCONJ
ftr-441	1173	50	other	other	ADJ
ftr-441	1173	51	investment	investment	NOUN
ftr-441	1173	52	income	income	NOUN
ftr-441	1173	53	.	.	PUNCT
ftr-441	1174	1	since	since	SCONJ
ftr-441	1174	2	failure	failure	NOUN
ftr-441	1174	3	to	to	PART
ftr-441	1174	4	satisfy	satisfy	VERB
ftr-441	1174	5	this	this	DET
ftr-441	1174	6	requirement	requirement	NOUN
ftr-441	1174	7	would	would	AUX
ftr-441	1174	8	cause	cause	VERB
ftr-441	1174	9	the	the	DET
ftr-441	1174	10	ric	ric	NOUN
ftr-441	1174	11	to	to	PART
ftr-441	1174	12	be	be	AUX
ftr-441	1174	13	disqualified	disqualify	VERB
ftr-441	1174	14	,	,	PUNCT
ftr-441	1174	15	the	the	DET
ftr-441	1174	16	management	management	NOUN
ftr-441	1174	17	of	of	ADP
ftr-441	1174	18	a	a	DET
ftr-441	1174	19	ric	ric	PROPN
ftr-441	1174	20	is	be	AUX
ftr-441	1174	21	likely	likely	ADJ
ftr-441	1174	22	to	to	PART
ftr-441	1174	23	stay	stay	VERB
ftr-441	1174	24	comfortably	comfortably	ADV
ftr-441	1174	25	above	above	ADP
ftr-441	1174	26	the	the	DET
ftr-441	1174	27	90	90	NUM
ftr-441	1174	28	%	%	NOUN
ftr-441	1174	29	line	line	NOUN
ftr-441	1174	30	.	.	PUNCT
ftr-441	1175	1	rics	ric	NOUN
ftr-441	1175	2	are	be	AUX
ftr-441	1175	3	subject	subject	ADJ
ftr-441	1175	4	to	to	ADP
ftr-441	1175	5	additional	additional	ADJ
ftr-441	1175	6	restrictions	restriction	NOUN
ftr-441	1175	7	,	,	PUNCT
ftr-441	1175	8	including	include	VERB
ftr-441	1175	9	those	those	PRON
ftr-441	1175	10	relating	relate	VERB
ftr-441	1175	11	to	to	ADP
ftr-441	1175	12	the	the	DET
ftr-441	1175	13	assets	asset	NOUN
ftr-441	1175	14	they	they	PRON
ftr-441	1175	15	hold	hold	VERB
ftr-441	1175	16	,	,	PUNCT
ftr-441	1175	17	see	see	VERB
ftr-441	1175	18	irc	irc	PROPN
ftr-441	1175	19	§	§	PROPN
ftr-441	1175	20	851(b)(4	851(b)(4	PROPN
ftr-441	1175	21	)	)	PUNCT
ftr-441	1175	22	,	,	PUNCT
ftr-441	1175	23	as	as	ADV
ftr-441	1175	24	well	well	ADV
ftr-441	1175	25	as	as	ADP
ftr-441	1175	26	restrictions	restriction	NOUN
ftr-441	1175	27	imposed	impose	VERB
ftr-441	1175	28	on	on	ADP
ftr-441	1175	29	them	they	PRON
ftr-441	1175	30	so	so	SCONJ
ftr-441	1175	31	that	that	SCONJ
ftr-441	1175	32	they	they	PRON
ftr-441	1175	33	can	can	AUX
ftr-441	1175	34	comply	comply	VERB
ftr-441	1175	35	with	with	ADP
ftr-441	1175	36	the	the	DET
ftr-441	1175	37	investment	investment	NOUN
ftr-441	1175	38	company	company	NOUN
ftr-441	1175	39	act	act	NOUN
ftr-441	1175	40	of	of	ADP
ftr-441	1175	41	1940	1940	NUM
ftr-441	1175	42	.	.	PUNCT
ftr-441	1176	1	163	163	NUM
ftr-441	1176	2	.	.	PUNCT
ftr-441	1177	1	the	the	DET
ftr-441	1177	2	income	income	NOUN
ftr-441	1177	3	restrictions	restriction	NOUN
ftr-441	1177	4	applicable	applicable	ADJ
ftr-441	1177	5	to	to	ADP
ftr-441	1177	6	reits	reit	NOUN
ftr-441	1177	7	can	can	AUX
ftr-441	1177	8	be	be	AUX
ftr-441	1177	9	found	find	VERB
ftr-441	1177	10	in	in	ADP
ftr-441	1177	11	irc	irc	PROPN
ftr-441	1177	12	§	§	PROPN
ftr-441	1177	13	856(c)(2	856(c)(2	NUM
ftr-441	1177	14	)	)	PUNCT
ftr-441	1177	15	and	and	CCONJ
ftr-441	1177	16	(	(	PUNCT
ftr-441	1177	17	3	3	NUM
ftr-441	1177	18	)	)	PUNCT
ftr-441	1177	19	.	.	PUNCT
ftr-441	1178	1	key	key	ADJ
ftr-441	1178	2	to	to	ADP
ftr-441	1178	3	the	the	DET
ftr-441	1178	4	limitation	limitation	NOUN
ftr-441	1178	5	on	on	ADP
ftr-441	1178	6	the	the	DET
ftr-441	1178	7	reit	reit	PROPN
ftr-441	1178	8	income	income	NOUN
ftr-441	1178	9	are	be	AUX
ftr-441	1178	10	the	the	DET
ftr-441	1178	11	restrictions	restriction	NOUN
ftr-441	1178	12	applicable	applicable	ADJ
ftr-441	1178	13	to	to	ADP
ftr-441	1178	14	"	"	PUNCT
ftr-441	1178	15	rents	rent	NOUN
ftr-441	1178	16	from	from	ADP
ftr-441	1178	17	real	real	ADJ
ftr-441	1178	18	property	property	NOUN
ftr-441	1178	19	"	"	PUNCT
ftr-441	1178	20	that	that	PRON
ftr-441	1178	21	are	be	AUX
ftr-441	1178	22	found	find	VERB
ftr-441	1178	23	in	in	ADP
ftr-441	1178	24	irc	irc	PROPN
ftr-441	1178	25	§	§	PROPN
ftr-441	1178	26	856(d	856(d	PROPN
ftr-441	1178	27	)	)	PUNCT
ftr-441	1178	28	.	.	PUNCT
ftr-441	1179	1	excluded	exclude	VERB
ftr-441	1179	2	from	from	ADP
ftr-441	1179	3	"	"	PUNCT
ftr-441	1179	4	rents	rent	NOUN
ftr-441	1179	5	from	from	ADP
ftr-441	1179	6	real	real	ADJ
ftr-441	1179	7	property	property	NOUN
ftr-441	1179	8	"	"	PUNCT
ftr-441	1179	9	are	be	AUX
ftr-441	1179	10	rents	rent	NOUN
ftr-441	1179	11	that	that	PRON
ftr-441	1179	12	are	be	AUX
ftr-441	1179	13	based	base	VERB
ftr-441	1179	14	on	on	ADP
ftr-441	1179	15	a	a	DET
ftr-441	1179	16	tenant	tenant	NOUN
ftr-441	1179	17	's	's	PART
ftr-441	1179	18	income	income	NOUN
ftr-441	1179	19	or	or	CCONJ
ftr-441	1179	20	profits	profit	NOUN
ftr-441	1179	21	,	,	PUNCT
ftr-441	1179	22	and	and	CCONJ
ftr-441	1179	23	rents	rent	NOUN
ftr-441	1179	24	received	receive	VERB
ftr-441	1179	25	when	when	SCONJ
ftr-441	1179	26	the	the	DET
ftr-441	1179	27	reit	reit	NOUN
ftr-441	1179	28	(	(	PUNCT
ftr-441	1179	29	as	as	SCONJ
ftr-441	1179	30	opposed	oppose	VERB
ftr-441	1179	31	to	to	ADP
ftr-441	1179	32	an	an	DET
ftr-441	1179	33	independent	independent	ADJ
ftr-441	1179	34	manager	manager	NOUN
ftr-441	1179	35	)	)	PUNCT
ftr-441	1179	36	provides	provide	VERB
ftr-441	1179	37	services	service	NOUN
ftr-441	1179	38	to	to	ADP
ftr-441	1179	39	the	the	DET
ftr-441	1179	40	tenants	tenant	NOUN
ftr-441	1179	41	or	or	CCONJ
ftr-441	1179	42	runs	run	VERB
ftr-441	1179	43	the	the	DET
ftr-441	1179	44	property	property	NOUN
ftr-441	1179	45	,	,	PUNCT
ftr-441	1179	46	see	see	VERB
ftr-441	1179	47	irc	irc	ADV
ftr-441	1179	48	§	§	PROPN
ftr-441	1179	49	§	§	PROPN
ftr-441	1179	50	856(d)(2)(a	856(d)(2)(a	NUM
ftr-441	1179	51	)	)	PUNCT
ftr-441	1179	52	,	,	PUNCT
ftr-441	1179	53	(	(	PUNCT
ftr-441	1179	54	c	c	NOUN
ftr-441	1179	55	)	)	PUNCT
ftr-441	1179	56	.	.	PUNCT
ftr-441	1180	1	164	164	NUM
ftr-441	1180	2	.	.	PUNCT
ftr-441	1181	1	see	see	VERB
ftr-441	1181	2	irc	irc	PROPN
ftr-441	1181	3	§	§	PROPN
ftr-441	1181	4	§	§	PROPN
ftr-441	1181	5	860d(4	860d(4	NUM
ftr-441	1181	6	)	)	PUNCT
ftr-441	1181	7	and	and	CCONJ
ftr-441	1181	8	860g(a)(3	860g(a)(3	NUM
ftr-441	1181	9	)	)	PUNCT
ftr-441	1181	10	and	and	CCONJ
ftr-441	1181	11	(	(	PUNCT
ftr-441	1181	12	5	5	NUM
ftr-441	1181	13	)	)	PUNCT
ftr-441	1181	14	.	.	PUNCT
ftr-441	1182	1	165	165	NUM
ftr-441	1182	2	.	.	PUNCT
ftr-441	1182	3	see	see	VERB
ftr-441	1182	4	irc	irc	PROPN
ftr-441	1182	5	§	§	PROPN
ftr-441	1182	6	§	§	PROPN
ftr-441	1182	7	860l(a)(1)(d	860l(a)(1)(d	NUM
ftr-441	1182	8	)	)	PUNCT
ftr-441	1182	9	,	,	PUNCT
ftr-441	1182	10	(	(	PUNCT
ftr-441	1182	11	c)(1	c)(1	NOUN
ftr-441	1182	12	)	)	PUNCT
ftr-441	1182	13	.	.	PUNCT
ftr-441	1183	1	166	166	NUM
ftr-441	1183	2	.	.	PUNCT
ftr-441	1183	3	see	see	VERB
ftr-441	1183	4	irc	irc	PROPN
ftr-441	1183	5	§	§	PROPN
ftr-441	1183	6	7704(c)(1	7704(c)(1	NUM
ftr-441	1183	7	)	)	PUNCT
ftr-441	1183	8	.	.	PUNCT
ftr-441	1184	1	"	"	PUNCT
ftr-441	1184	2	qualifying	qualify	VERB
ftr-441	1184	3	income	income	NOUN
ftr-441	1184	4	"	"	PUNCT
ftr-441	1184	5	is	be	AUX
ftr-441	1184	6	generally	generally	ADV
ftr-441	1184	7	passive	passive	ADJ
ftr-441	1184	8	-	-	PUNCT
ftr-441	1184	9	type	type	NOUN
ftr-441	1184	10	income	income	NOUN
ftr-441	1184	11	although	although	SCONJ
ftr-441	1184	12	it	it	PRON
ftr-441	1184	13	also	also	ADV
ftr-441	1184	14	includes	include	VERB
ftr-441	1184	15	certain	certain	ADJ
ftr-441	1184	16	potentially	potentially	ADV
ftr-441	1184	17	active	active	ADJ
ftr-441	1184	18	income	income	NOUN
ftr-441	1184	19	from	from	ADP
ftr-441	1184	20	businesses	business	NOUN
ftr-441	1184	21	engaged	engage	VERB
ftr-441	1184	22	in	in	ADP
ftr-441	1184	23	the	the	DET
ftr-441	1184	24	extractive	extractive	ADJ
ftr-441	1184	25	industries	industry	NOUN
ftr-441	1184	26	.	.	PUNCT
ftr-441	1185	1	see	see	VERB
ftr-441	1185	2	irc	irc	PROPN
ftr-441	1185	3	§	§	PROPN
ftr-441	1185	4	7704(d)(1	7704(d)(1	PROPN
ftr-441	1185	5	)	)	PUNCT
ftr-441	1185	6	.	.	PUNCT
ftr-441	1186	1	19991	19991	NUM
ftr-441	1186	2	florida	florida	PROPN
ftr-441	1186	3	tax	tax	NOUN
ftr-441	1186	4	review	review	NOUN
ftr-441	1186	5	as	as	SCONJ
ftr-441	1186	6	can	can	AUX
ftr-441	1186	7	be	be	AUX
ftr-441	1186	8	seen	see	VERB
ftr-441	1186	9	from	from	ADP
ftr-441	1186	10	the	the	DET
ftr-441	1186	11	foregoing	forego	VERB
ftr-441	1186	12	brief	brief	ADJ
ftr-441	1186	13	review	review	NOUN
ftr-441	1186	14	,	,	PUNCT
ftr-441	1186	15	there	there	PRON
ftr-441	1186	16	are	be	VERB
ftr-441	1186	17	contradictory	contradictory	ADJ
ftr-441	1186	18	views	view	NOUN
ftr-441	1186	19	of	of	ADP
ftr-441	1186	20	the	the	DET
ftr-441	1186	21	importance	importance	NOUN
ftr-441	1186	22	of	of	ADP
ftr-441	1186	23	passive	passive	ADJ
ftr-441	1186	24	or	or	CCONJ
ftr-441	1186	25	active	active	ADJ
ftr-441	1186	26	income	income	NOUN
ftr-441	1186	27	or	or	CCONJ
ftr-441	1186	28	business	business	NOUN
ftr-441	1186	29	activities	activity	NOUN
ftr-441	1186	30	in	in	ADP
ftr-441	1186	31	the	the	DET
ftr-441	1186	32	context	context	NOUN
ftr-441	1186	33	of	of	ADP
ftr-441	1186	34	pass	pass	VERB
ftr-441	1186	35	-	-	PUNCT
ftr-441	1186	36	through	through	ADP
ftr-441	1186	37	entities	entity	NOUN
ftr-441	1186	38	.	.	PUNCT
ftr-441	1187	1	do	do	AUX
ftr-441	1187	2	the	the	DET
ftr-441	1187	3	various	various	ADJ
ftr-441	1187	4	conditions	condition	NOUN
ftr-441	1187	5	of	of	ADP
ftr-441	1187	6	current	current	ADJ
ftr-441	1187	7	law	law	NOUN
ftr-441	1187	8	provide	provide	VERB
ftr-441	1187	9	any	any	DET
ftr-441	1187	10	basis	basis	NOUN
ftr-441	1187	11	for	for	ADP
ftr-441	1187	12	imposing	impose	VERB
ftr-441	1187	13	similar	similar	ADJ
ftr-441	1187	14	restrictions	restriction	NOUN
ftr-441	1187	15	on	on	ADP
ftr-441	1187	16	the	the	DET
ftr-441	1187	17	nature	nature	NOUN
ftr-441	1187	18	of	of	ADP
ftr-441	1187	19	an	an	DET
ftr-441	1187	20	spbf	spbf	NOUN
ftr-441	1187	21	's	's	PART
ftr-441	1187	22	income	income	NOUN
ftr-441	1187	23	or	or	CCONJ
ftr-441	1187	24	activities	activity	NOUN
ftr-441	1187	25	?	?	PUNCT
ftr-441	1188	1	perhaps	perhaps	ADV
ftr-441	1188	2	the	the	DET
ftr-441	1188	3	reason	reason	NOUN
ftr-441	1188	4	for	for	ADP
ftr-441	1188	5	the	the	DET
ftr-441	1188	6	special	special	ADJ
ftr-441	1188	7	rules	rule	NOUN
ftr-441	1188	8	in	in	ADP
ftr-441	1188	9	the	the	DET
ftr-441	1188	10	trust	trust	NOUN
ftr-441	1188	11	area	area	NOUN
ftr-441	1188	12	is	be	AUX
ftr-441	1188	13	a	a	DET
ftr-441	1188	14	problem	problem	NOUN
ftr-441	1188	15	unique	unique	ADJ
ftr-441	1188	16	to	to	ADP
ftr-441	1188	17	that	that	DET
ftr-441	1188	18	form	form	NOUN
ftr-441	1188	19	of	of	ADP
ftr-441	1188	20	entity	entity	NOUN
ftr-441	1188	21	-	-	PUNCT
ftr-441	1188	22	the	the	DET
ftr-441	1188	23	problem	problem	NOUN
ftr-441	1188	24	of	of	ADP
ftr-441	1188	25	taxing	tax	VERB
ftr-441	1188	26	income	income	NOUN
ftr-441	1188	27	to	to	ADP
ftr-441	1188	28	unknown	unknown	ADJ
ftr-441	1188	29	beneficiaries	beneficiary	NOUN
ftr-441	1188	30	,	,	PUNCT
ftr-441	1188	31	such	such	ADJ
ftr-441	1188	32	as	as	ADP
ftr-441	1188	33	an	an	DET
ftr-441	1188	34	unborn	unborn	ADJ
ftr-441	1188	35	child	child	NOUN
ftr-441	1188	36	.	.	PUNCT
ftr-441	1189	1	one	one	NUM
ftr-441	1189	2	author	author	NOUN
ftr-441	1189	3	has	have	AUX
ftr-441	1189	4	suggested	suggest	VERB
ftr-441	1189	5	that	that	SCONJ
ftr-441	1189	6	,	,	PUNCT
ftr-441	1189	7	in	in	ADP
ftr-441	1189	8	such	such	DET
ftr-441	1189	9	a	a	DET
ftr-441	1189	10	situation	situation	NOUN
ftr-441	1189	11	,	,	PUNCT
ftr-441	1189	12	a	a	DET
ftr-441	1189	13	withholding	withholding	NOUN
ftr-441	1189	14	tax	tax	NOUN
ftr-441	1189	15	should	should	AUX
ftr-441	1189	16	be	be	AUX
ftr-441	1189	17	imposed	impose	VERB
ftr-441	1189	18	on	on	ADP
ftr-441	1189	19	the	the	DET
ftr-441	1189	20	entity	entity	NOUN
ftr-441	1189	21	at	at	ADP
ftr-441	1189	22	the	the	DET
ftr-441	1189	23	highest	high	ADJ
ftr-441	1189	24	individual	individual	ADJ
ftr-441	1189	25	tax	tax	NOUN
ftr-441	1189	26	rate	rate	NOUN
ftr-441	1189	27	,	,	PUNCT
ftr-441	1189	28	and	and	CCONJ
ftr-441	1189	29	that	that	SCONJ
ftr-441	1189	30	the	the	DET
ftr-441	1189	31	law	law	NOUN
ftr-441	1189	32	,	,	PUNCT
ftr-441	1189	33	through	through	ADP
ftr-441	1189	34	relatively	relatively	ADV
ftr-441	1189	35	mechanical	mechanical	ADJ
ftr-441	1189	36	rules	rule	NOUN
ftr-441	1189	37	,	,	PUNCT
ftr-441	1189	38	would	would	AUX
ftr-441	1189	39	then	then	ADV
ftr-441	1189	40	determine	determine	VERB
ftr-441	1189	41	which	which	DET
ftr-441	1189	42	potential	potential	ADJ
ftr-441	1189	43	beneficiary	beneficiary	NOUN
ftr-441	1189	44	is	be	AUX
ftr-441	1189	45	the	the	DET
ftr-441	1189	46	proper	proper	ADJ
ftr-441	1189	47	taxpayer	taxpayer	NOUN
ftr-441	1189	48	.	.	PUNCT
ftr-441	1189	49	'67	'67	NUM
ftr-441	1189	50	that	that	SCONJ
ftr-441	1189	51	"	"	PUNCT
ftr-441	1189	52	taxpayer	taxpayer	NOUN
ftr-441	1189	53	"	"	PUNCT
ftr-441	1189	54	can	can	AUX
ftr-441	1189	55	then	then	ADV
ftr-441	1189	56	take	take	VERB
ftr-441	1189	57	a	a	DET
ftr-441	1189	58	credit	credit	NOUN
ftr-441	1189	59	(	(	PUNCT
ftr-441	1189	60	with	with	ADP
ftr-441	1189	61	the	the	DET
ftr-441	1189	62	possibility	possibility	NOUN
ftr-441	1189	63	of	of	ADP
ftr-441	1189	64	generating	generate	VERB
ftr-441	1189	65	a	a	DET
ftr-441	1189	66	refund	refund	NOUN
ftr-441	1189	67	)	)	PUNCT
ftr-441	1189	68	in	in	ADP
ftr-441	1189	69	respect	respect	NOUN
ftr-441	1189	70	of	of	ADP
ftr-441	1189	71	the	the	DET
ftr-441	1189	72	trust	trust	NOUN
ftr-441	1189	73	's	's	PART
ftr-441	1189	74	prior	prior	ADJ
ftr-441	1189	75	withholding	withhold	VERB
ftr-441	1189	76	tax	tax	NOUN
ftr-441	1189	77	payment	payment	NOUN
ftr-441	1189	78	.	.	PUNCT
ftr-441	1190	1	in	in	ADP
ftr-441	1190	2	other	other	ADJ
ftr-441	1190	3	words	word	NOUN
ftr-441	1190	4	,	,	PUNCT
ftr-441	1190	5	the	the	DET
ftr-441	1190	6	trust	trust	NOUN
ftr-441	1190	7	would	would	AUX
ftr-441	1190	8	be	be	AUX
ftr-441	1190	9	subject	subject	ADJ
ftr-441	1190	10	to	to	ADP
ftr-441	1190	11	a	a	DET
ftr-441	1190	12	temporary	temporary	ADJ
ftr-441	1190	13	entity	entity	NOUN
ftr-441	1190	14	tax	tax	NOUN
ftr-441	1190	15	with	with	ADP
ftr-441	1190	16	a	a	DET
ftr-441	1190	17	relief	relief	NOUN
ftr-441	1190	18	mechanism	mechanism	NOUN
ftr-441	1190	19	to	to	PART
ftr-441	1190	20	avoid	avoid	VERB
ftr-441	1190	21	double	double	ADJ
ftr-441	1190	22	taxation	taxation	NOUN
ftr-441	1190	23	.	.	PUNCT
ftr-441	1191	1	the	the	DET
ftr-441	1191	2	proposal	proposal	NOUN
ftr-441	1191	3	helps	help	VERB
ftr-441	1191	4	to	to	PART
ftr-441	1191	5	bring	bring	VERB
ftr-441	1191	6	the	the	DET
ftr-441	1191	7	taxation	taxation	NOUN
ftr-441	1191	8	of	of	ADP
ftr-441	1191	9	trusts	trust	NOUN
ftr-441	1191	10	and	and	CCONJ
ftr-441	1191	11	estates	estate	NOUN
ftr-441	1191	12	closer	close	ADV
ftr-441	1191	13	to	to	ADP
ftr-441	1191	14	the	the	DET
ftr-441	1191	15	taxation	taxation	NOUN
ftr-441	1191	16	of	of	ADP
ftr-441	1191	17	other	other	ADJ
ftr-441	1191	18	pass	pass	VERB
ftr-441	1191	19	-	-	PUNCT
ftr-441	1191	20	through	through	ADP
ftr-441	1191	21	entities	entity	NOUN
ftr-441	1191	22	.	.	PUNCT
ftr-441	1192	1	the	the	DET
ftr-441	1192	2	nature	nature	NOUN
ftr-441	1192	3	-	-	PUNCT
ftr-441	1192	4	of	of	ADP
ftr-441	1192	5	-	-	PUNCT
ftr-441	1192	6	income	income	NOUN
ftr-441	1192	7	limitations	limitation	NOUN
ftr-441	1192	8	for	for	ADP
ftr-441	1192	9	rics	ric	NOUN
ftr-441	1192	10	,	,	PUNCT
ftr-441	1192	11	reits	reit	NOUN
ftr-441	1192	12	,	,	PUNCT
ftr-441	1192	13	remics	remic	NOUN
ftr-441	1192	14	,	,	PUNCT
ftr-441	1192	15	fasits	fasit	NOUN
ftr-441	1192	16	,	,	PUNCT
ftr-441	1192	17	and	and	CCONJ
ftr-441	1192	18	publicly	publicly	ADV
ftr-441	1192	19	traded	trade	VERB
ftr-441	1192	20	partnerships	partnership	NOUN
ftr-441	1192	21	may	may	AUX
ftr-441	1192	22	simply	simply	ADV
ftr-441	1192	23	be	be	AUX
ftr-441	1192	24	part	part	NOUN
ftr-441	1192	25	of	of	ADP
ftr-441	1192	26	the	the	DET
ftr-441	1192	27	tax	tax	NOUN
ftr-441	1192	28	law	law	NOUN
ftr-441	1192	29	's	's	PART
ftr-441	1192	30	condition	condition	NOUN
ftr-441	1192	31	for	for	ADP
ftr-441	1192	32	permitting	permit	VERB
ftr-441	1192	33	such	such	ADJ
ftr-441	1192	34	publicly	publicly	ADV
ftr-441	1192	35	traded	trade	VERB
ftr-441	1192	36	entities	entity	NOUN
ftr-441	1192	37	to	to	PART
ftr-441	1192	38	obtain	obtain	VERB
ftr-441	1192	39	pass	pass	VERB
ftr-441	1192	40	-	-	PUNCT
ftr-441	1192	41	through	through	ADP
ftr-441	1192	42	treatment	treatment	NOUN
ftr-441	1192	43	.	.	PUNCT
ftr-441	1193	1	in	in	ADP
ftr-441	1193	2	addition	addition	NOUN
ftr-441	1193	3	,	,	PUNCT
ftr-441	1193	4	there	there	PRON
ftr-441	1193	5	may	may	AUX
ftr-441	1193	6	be	be	AUX
ftr-441	1193	7	securities	security	NOUN
ftr-441	1193	8	law	law	NOUN
ftr-441	1193	9	reasons	reason	NOUN
ftr-441	1193	10	for	for	ADP
ftr-441	1193	11	some	some	PRON
ftr-441	1193	12	of	of	ADP
ftr-441	1193	13	the	the	DET
ftr-441	1193	14	limitations	limitation	NOUN
ftr-441	1193	15	.	.	PUNCT
ftr-441	1194	1	if	if	SCONJ
ftr-441	1194	2	there	there	PRON
ftr-441	1194	3	were	be	VERB
ftr-441	1194	4	no	no	DET
ftr-441	1194	5	such	such	ADJ
ftr-441	1194	6	limits	limit	NOUN
ftr-441	1194	7	,	,	PUNCT
ftr-441	1194	8	the	the	DET
ftr-441	1194	9	pass	pass	VERB
ftr-441	1194	10	-	-	PUNCT
ftr-441	1194	11	through	through	ADP
ftr-441	1194	12	regime	regime	NOUN
ftr-441	1194	13	could	could	AUX
ftr-441	1194	14	become	become	VERB
ftr-441	1194	15	the	the	DET
ftr-441	1194	16	norm	norm	NOUN
ftr-441	1194	17	for	for	ADP
ftr-441	1194	18	all	all	DET
ftr-441	1194	19	businesses	business	NOUN
ftr-441	1194	20	-	-	PUNCT
ftr-441	1194	21	for	for	ADP
ftr-441	1194	22	example	example	NOUN
ftr-441	1194	23	,	,	PUNCT
ftr-441	1194	24	general	general	ADJ
ftr-441	1194	25	motors	motor	NOUN
ftr-441	1194	26	could	could	AUX
ftr-441	1194	27	become	become	VERB
ftr-441	1194	28	a	a	DET
ftr-441	1194	29	ric	ric	NOUN
ftr-441	1194	30	.	.	PUNCT
ftr-441	1195	1	because	because	SCONJ
ftr-441	1195	2	there	there	PRON
ftr-441	1195	3	is	be	VERB
ftr-441	1195	4	no	no	DET
ftr-441	1195	5	consensus	consensus	NOUN
ftr-441	1195	6	regarding	regard	VERB
ftr-441	1195	7	why	why	SCONJ
ftr-441	1195	8	the	the	DET
ftr-441	1195	9	income	income	NOUN
ftr-441	1195	10	of	of	ADP
ftr-441	1195	11	public	public	ADJ
ftr-441	1195	12	firms	firm	NOUN
ftr-441	1195	13	should	should	AUX
ftr-441	1195	14	be	be	AUX
ftr-441	1195	15	taxed	tax	VERB
ftr-441	1195	16	twice	twice	ADV
ftr-441	1195	17	,	,	PUNCT
ftr-441	1195	18	it	it	PRON
ftr-441	1195	19	is	be	AUX
ftr-441	1195	20	not	not	PART
ftr-441	1195	21	surprising	surprising	ADJ
ftr-441	1195	22	that	that	SCONJ
ftr-441	1195	23	the	the	DET
ftr-441	1195	24	exact	exact	ADJ
ftr-441	1195	25	nature	nature	NOUN
ftr-441	1195	26	of	of	ADP
ftr-441	1195	27	these	these	DET
ftr-441	1195	28	restrictions	restriction	NOUN
ftr-441	1195	29	can	can	AUX
ftr-441	1195	30	not	not	PART
ftr-441	1195	31	be	be	AUX
ftr-441	1195	32	explained	explain	VERB
ftr-441	1195	33	from	from	ADP
ftr-441	1195	34	first	first	ADJ
ftr-441	1195	35	principles	principle	NOUN
ftr-441	1195	36	.	.	PUNCT
ftr-441	1196	1	instead	instead	ADV
ftr-441	1196	2	,	,	PUNCT
ftr-441	1196	3	one	one	PRON
ftr-441	1196	4	might	might	AUX
ftr-441	1196	5	simply	simply	ADV
ftr-441	1196	6	conclude	conclude	VERB
ftr-441	1196	7	that	that	SCONJ
ftr-441	1196	8	a	a	DET
ftr-441	1196	9	limitation	limitation	NOUN
ftr-441	1196	10	may	may	AUX
ftr-441	1196	11	be	be	AUX
ftr-441	1196	12	needed	need	VERB
ftr-441	1196	13	in	in	ADP
ftr-441	1196	14	order	order	NOUN
ftr-441	1196	15	to	to	PART
ftr-441	1196	16	maintain	maintain	VERB
ftr-441	1196	17	the	the	DET
ftr-441	1196	18	integrity	integrity	NOUN
ftr-441	1196	19	of	of	ADP
ftr-441	1196	20	the	the	DET
ftr-441	1196	21	double	double	ADJ
ftr-441	1196	22	tax	tax	NOUN
ftr-441	1196	23	system	system	NOUN
ftr-441	1196	24	as	as	SCONJ
ftr-441	1196	25	applied	apply	VERB
ftr-441	1196	26	to	to	ADP
ftr-441	1196	27	public	public	ADJ
ftr-441	1196	28	firms	firm	NOUN
ftr-441	1196	29	,	,	PUNCT
ftr-441	1196	30	whether	whether	SCONJ
ftr-441	1196	31	such	such	DET
ftr-441	1196	32	a	a	DET
ftr-441	1196	33	system	system	NOUN
ftr-441	1196	34	can	can	AUX
ftr-441	1196	35	be	be	AUX
ftr-441	1196	36	justified	justify	VERB
ftr-441	1196	37	or	or	CCONJ
ftr-441	1196	38	not	not	PART
ftr-441	1196	39	.	.	PUNCT
ftr-441	1197	1	in	in	ADP
ftr-441	1197	2	the	the	DET
ftr-441	1197	3	s	s	PART
ftr-441	1197	4	corporation	corporation	NOUN
ftr-441	1197	5	context	context	NOUN
ftr-441	1197	6	,	,	PUNCT
ftr-441	1197	7	the	the	DET
ftr-441	1197	8	rules	rule	NOUN
ftr-441	1197	9	of	of	ADP
ftr-441	1197	10	section	section	NOUN
ftr-441	1197	11	1375	1375	NUM
ftr-441	1197	12	,	,	PUNCT
ftr-441	1197	13	which	which	PRON
ftr-441	1197	14	restrict	restrict	VERB
ftr-441	1197	15	the	the	DET
ftr-441	1197	16	ability	ability	NOUN
ftr-441	1197	17	of	of	ADP
ftr-441	1197	18	s	s	PART
ftr-441	1197	19	corporations	corporation	NOUN
ftr-441	1197	20	to	to	PART
ftr-441	1197	21	receive	receive	VERB
ftr-441	1197	22	passive	passive	ADJ
ftr-441	1197	23	income	income	NOUN
ftr-441	1197	24	,	,	PUNCT
ftr-441	1197	25	raise	raise	VERB
ftr-441	1197	26	issues	issue	NOUN
ftr-441	1197	27	that	that	PRON
ftr-441	1197	28	are	be	AUX
ftr-441	1197	29	essentially	essentially	ADV
ftr-441	1197	30	transitional	transitional	ADJ
ftr-441	1197	31	in	in	ADP
ftr-441	1197	32	nature	nature	NOUN
ftr-441	1197	33	.	.	PUNCT
ftr-441	1198	1	an	an	DET
ftr-441	1198	2	s	s	NOUN
ftr-441	1198	3	corporation	corporation	NOUN
ftr-441	1198	4	with	with	ADP
ftr-441	1198	5	no	no	DET
ftr-441	1198	6	c	c	PROPN
ftr-441	1198	7	corporation	corporation	NOUN
ftr-441	1198	8	history	history	NOUN
ftr-441	1198	9	will	will	AUX
ftr-441	1198	10	not	not	PART
ftr-441	1198	11	run	run	VERB
ftr-441	1198	12	afoul	afoul	ADV
ftr-441	1198	13	of	of	ADP
ftr-441	1198	14	this	this	DET
ftr-441	1198	15	rule	rule	NOUN
ftr-441	1198	16	.	.	PUNCT
ftr-441	1199	1	in	in	ADP
ftr-441	1199	2	conclusion	conclusion	NOUN
ftr-441	1199	3	,	,	PUNCT
ftr-441	1199	4	there	there	PRON
ftr-441	1199	5	is	be	VERB
ftr-441	1199	6	no	no	DET
ftr-441	1199	7	apparent	apparent	ADJ
ftr-441	1199	8	reason	reason	NOUN
ftr-441	1199	9	to	to	PART
ftr-441	1199	10	limit	limit	VERB
ftr-441	1199	11	the	the	DET
ftr-441	1199	12	nature	nature	NOUN
ftr-441	1199	13	of	of	ADP
ftr-441	1199	14	income	income	NOUN
ftr-441	1199	15	or	or	CCONJ
ftr-441	1199	16	business	business	NOUN
ftr-441	1199	17	activity	activity	NOUN
ftr-441	1199	18	of	of	ADP
ftr-441	1199	19	an	an	DET
ftr-441	1199	20	spbf	spbf	NOUN
ftr-441	1199	21	.	.	PUNCT
ftr-441	1200	1	existing	exist	VERB
ftr-441	1200	2	restrictions	restriction	NOUN
ftr-441	1200	3	applicable	applicable	ADJ
ftr-441	1200	4	to	to	ADP
ftr-441	1200	5	other	other	ADJ
ftr-441	1200	6	entities	entity	NOUN
ftr-441	1200	7	seem	seem	VERB
ftr-441	1200	8	designed	design	VERB
ftr-441	1200	9	to	to	PART
ftr-441	1200	10	either	either	CCONJ
ftr-441	1200	11	protect	protect	VERB
ftr-441	1200	12	the	the	DET
ftr-441	1200	13	double	double	ADJ
ftr-441	1200	14	taxation	taxation	NOUN
ftr-441	1200	15	of	of	ADP
ftr-441	1200	16	the	the	DET
ftr-441	1200	17	income	income	NOUN
ftr-441	1200	18	of	of	ADP
ftr-441	1200	19	public	public	ADJ
ftr-441	1200	20	firms	firm	NOUN
ftr-441	1200	21	,	,	PUNCT
ftr-441	1200	22	protect	protect	VERB
ftr-441	1200	23	transitional	transitional	ADJ
ftr-441	1200	24	concerns	concern	NOUN
ftr-441	1200	25	when	when	SCONJ
ftr-441	1200	26	a	a	DET
ftr-441	1200	27	double	double	ADJ
ftr-441	1200	28	-	-	PUNCT
ftr-441	1200	29	taxed	tax	VERB
ftr-441	1200	30	entity	entity	NOUN
ftr-441	1200	31	is	be	AUX
ftr-441	1200	32	converted	convert	VERB
ftr-441	1200	33	into	into	ADP
ftr-441	1200	34	a	a	DET
ftr-441	1200	35	single	single	ADJ
ftr-441	1200	36	-	-	PUNCT
ftr-441	1200	37	taxed	tax	VERB
ftr-441	1200	38	one	one	NOUN
ftr-441	1200	39	,	,	PUNCT
ftr-441	1200	40	or	or	CCONJ
ftr-441	1200	41	respond	respond	VERB
ftr-441	1200	42	to	to	ADP
ftr-441	1200	43	features	feature	NOUN
ftr-441	1200	44	peculiar	peculiar	ADJ
ftr-441	1200	45	to	to	ADP
ftr-441	1200	46	that	that	DET
ftr-441	1200	47	entity	entity	NOUN
ftr-441	1200	48	.	.	PUNCT
ftr-441	1201	1	because	because	SCONJ
ftr-441	1201	2	these	these	DET
ftr-441	1201	3	explanations	explanation	NOUN
ftr-441	1201	4	are	be	AUX
ftr-441	1201	5	not	not	PART
ftr-441	1201	6	applicable	applicable	ADJ
ftr-441	1201	7	to	to	ADP
ftr-441	1201	8	an	an	DET
ftr-441	1201	9	spbf	spbf	NOUN
ftr-441	1201	10	,	,	PUNCT
ftr-441	1201	11	no	no	DET
ftr-441	1201	12	such	such	ADJ
ftr-441	1201	13	restrictions	restriction	NOUN
ftr-441	1201	14	are	be	AUX
ftr-441	1201	15	included	include	VERB
ftr-441	1201	16	in	in	ADP
ftr-441	1201	17	the	the	DET
ftr-441	1201	18	proposal	proposal	NOUN
ftr-441	1201	19	.	.	PUNCT
ftr-441	1202	1	167	167	NUM
ftr-441	1202	2	.	.	PUNCT
ftr-441	1203	1	sherwin	sherwin	PROPN
ftr-441	1203	2	kamin	kamin	PROPN
ftr-441	1203	3	,	,	PUNCT
ftr-441	1203	4	a	a	DET
ftr-441	1203	5	proposal	proposal	NOUN
ftr-441	1203	6	for	for	ADP
ftr-441	1203	7	the	the	DET
ftr-441	1203	8	income	income	NOUN
ftr-441	1203	9	taxation	taxation	NOUN
ftr-441	1203	10	of	of	ADP
ftr-441	1203	11	trusts	trust	NOUN
ftr-441	1203	12	and	and	CCONJ
ftr-441	1203	13	estates	estate	NOUN
ftr-441	1203	14	,	,	PUNCT
ftr-441	1203	15	their	their	PRON
ftr-441	1203	16	grantors	grantor	NOUN
ftr-441	1203	17	,	,	PUNCT
ftr-441	1203	18	and	and	CCONJ
ftr-441	1203	19	their	their	PRON
ftr-441	1203	20	beneficiaries	beneficiary	NOUN
ftr-441	1203	21	,	,	PUNCT
ftr-441	1203	22	13	13	NUM
ftr-441	1203	23	am	am	NOUN
ftr-441	1203	24	.	.	PUNCT
ftr-441	1204	1	j.	j.	PROPN
ftr-441	1204	2	tax	tax	NOUN
ftr-441	1204	3	pol'y	pol'y	NOUN
ftr-441	1204	4	215	215	NUM
ftr-441	1204	5	(	(	PUNCT
ftr-441	1204	6	1996	1996	NUM
ftr-441	1204	7	)	)	PUNCT
ftr-441	1204	8	.	.	PUNCT
ftr-441	1205	1	[	[	X
ftr-441	1205	2	vol	vol	NOUN
ftr-441	1205	3	4:3	4:3	NUM
ftr-441	1205	4	the	the	DET
ftr-441	1205	5	future	future	ADJ
ftr-441	1205	6	taxation	taxation	NOUN
ftr-441	1205	7	of	of	ADP
ftr-441	1205	8	private	private	ADJ
ftr-441	1205	9	business	business	NOUN
ftr-441	1205	10	firms	firm	NOUN
ftr-441	1205	11	d.	d.	PROPN
ftr-441	1205	12	size	size	NOUN
ftr-441	1205	13	of	of	ADP
ftr-441	1205	14	enterprise	enterprise	NOUN
ftr-441	1205	15	(	(	PUNCT
ftr-441	1205	16	measured	measure	VERB
ftr-441	1205	17	by	by	ADP
ftr-441	1205	18	assets	asset	NOUN
ftr-441	1205	19	,	,	PUNCT
ftr-441	1205	20	sales	sale	NOUN
ftr-441	1205	21	,	,	PUNCT
ftr-441	1205	22	income	income	NOUN
ftr-441	1205	23	,	,	PUNCT
ftr-441	1205	24	or	or	CCONJ
ftr-441	1205	25	some	some	DET
ftr-441	1205	26	other	other	ADJ
ftr-441	1205	27	measure).-the	measure).-the	DET
ftr-441	1205	28	tax	tax	NOUN
ftr-441	1205	29	statute	statute	NOUN
ftr-441	1205	30	is	be	AUX
ftr-441	1205	31	littered	litter	VERB
ftr-441	1205	32	with	with	ADP
ftr-441	1205	33	past	past	ADJ
ftr-441	1205	34	congressional	congressional	ADJ
ftr-441	1205	35	efforts	effort	NOUN
ftr-441	1205	36	to	to	PART
ftr-441	1205	37	provide	provide	VERB
ftr-441	1205	38	special	special	ADJ
ftr-441	1205	39	treatment	treatment	NOUN
ftr-441	1205	40	for	for	ADP
ftr-441	1205	41	"	"	PUNCT
ftr-441	1205	42	small	small	ADJ
ftr-441	1205	43	businesses	business	NOUN
ftr-441	1205	44	.	.	PUNCT
ftr-441	1205	45	"	"	PUNCT
ftr-441	1206	1	these	these	DET
ftr-441	1206	2	provisions	provision	NOUN
ftr-441	1206	3	are	be	AUX
ftr-441	1206	4	in	in	ADP
ftr-441	1206	5	addition	addition	NOUN
ftr-441	1206	6	to	to	ADP
ftr-441	1206	7	the	the	DET
ftr-441	1206	8	many	many	ADJ
ftr-441	1206	9	special	special	ADJ
ftr-441	1206	10	rules	rule	NOUN
ftr-441	1206	11	applicable	applicable	ADJ
ftr-441	1206	12	only	only	ADV
ftr-441	1206	13	to	to	PART
ftr-441	1206	14	subchapter	subchapter	NOUN
ftr-441	1206	15	s	s	PART
ftr-441	1206	16	corporations	corporation	NOUN
ftr-441	1206	17	.	.	PUNCT
ftr-441	1207	1	most	most	ADJ
ftr-441	1207	2	of	of	ADP
ftr-441	1207	3	the	the	DET
ftr-441	1207	4	provisions	provision	NOUN
ftr-441	1207	5	define	define	VERB
ftr-441	1207	6	small	small	ADJ
ftr-441	1207	7	businesses	business	NOUN
ftr-441	1207	8	in	in	ADP
ftr-441	1207	9	terms	term	NOUN
ftr-441	1207	10	of	of	ADP
ftr-441	1207	11	gross	gross	ADJ
ftr-441	1207	12	receipts	receipt	NOUN
ftr-441	1207	13	,	,	PUNCT
ftr-441	1207	14	but	but	CCONJ
ftr-441	1207	15	assets	asset	NOUN
ftr-441	1207	16	and	and	CCONJ
ftr-441	1207	17	other	other	ADJ
ftr-441	1207	18	tests	test	NOUN
ftr-441	1207	19	have	have	AUX
ftr-441	1207	20	been	be	AUX
ftr-441	1207	21	employed	employ	VERB
ftr-441	1207	22	as	as	ADV
ftr-441	1207	23	well	well	ADV
ftr-441	1207	24	.	.	PUNCT
ftr-441	1207	25	'	'	PUNCT
ftr-441	1208	1	68	68	NUM
ftr-441	1208	2	in	in	ADP
ftr-441	1208	3	addition	addition	NOUN
ftr-441	1208	4	to	to	ADP
ftr-441	1208	5	its	its	PRON
ftr-441	1208	6	other	other	ADJ
ftr-441	1208	7	eligibility	eligibility	NOUN
ftr-441	1208	8	conditions	condition	NOUN
ftr-441	1208	9	,	,	PUNCT
ftr-441	1208	10	should	should	AUX
ftr-441	1208	11	an	an	DET
ftr-441	1208	12	spbf	spbf	NOUN
ftr-441	1208	13	be	be	AUX
ftr-441	1208	14	limited	limit	VERB
ftr-441	1208	15	by	by	ADP
ftr-441	1208	16	size	size	NOUN
ftr-441	1208	17	?	?	PUNCT
ftr-441	1209	1	from	from	ADP
ftr-441	1209	2	the	the	DET
ftr-441	1209	3	treasury	treasury	NOUN
ftr-441	1209	4	's	's	PART
ftr-441	1209	5	perspective	perspective	NOUN
ftr-441	1209	6	,	,	PUNCT
ftr-441	1209	7	smaller	small	ADJ
ftr-441	1209	8	enterprises	enterprise	NOUN
ftr-441	1209	9	generally	generally	ADV
ftr-441	1209	10	present	present	VERB
ftr-441	1209	11	tax	tax	NOUN
ftr-441	1209	12	issues	issue	NOUN
ftr-441	1209	13	of	of	ADP
ftr-441	1209	14	only	only	ADJ
ftr-441	1209	15	limited	limited	ADJ
ftr-441	1209	16	significance	significance	NOUN
ftr-441	1209	17	.	.	PUNCT
ftr-441	1210	1	thus	thus	ADV
ftr-441	1210	2	,	,	PUNCT
ftr-441	1210	3	if	if	SCONJ
ftr-441	1210	4	a	a	DET
ftr-441	1210	5	more	more	ADV
ftr-441	1210	6	relaxed	relaxed	ADJ
ftr-441	1210	7	set	set	NOUN
ftr-441	1210	8	of	of	ADP
ftr-441	1210	9	operating	operate	VERB
ftr-441	1210	10	rules	rule	NOUN
ftr-441	1210	11	eliminating	eliminate	VERB
ftr-441	1210	12	some	some	PRON
ftr-441	1210	13	of	of	ADP
ftr-441	1210	14	the	the	DET
ftr-441	1210	15	protective	protective	ADJ
ftr-441	1210	16	features	feature	NOUN
ftr-441	1210	17	of	of	ADP
ftr-441	1210	18	subchapter	subchapter	NOUN
ftr-441	1210	19	k	k	PROPN
ftr-441	1210	20	is	be	AUX
ftr-441	1210	21	to	to	PART
ftr-441	1210	22	be	be	AUX
ftr-441	1210	23	provided	provide	VERB
ftr-441	1210	24	to	to	ADP
ftr-441	1210	25	a	a	DET
ftr-441	1210	26	subset	subset	NOUN
ftr-441	1210	27	of	of	ADP
ftr-441	1210	28	firms	firm	NOUN
ftr-441	1210	29	,	,	PUNCT
ftr-441	1210	30	it	it	PRON
ftr-441	1210	31	might	might	AUX
ftr-441	1210	32	make	make	VERB
ftr-441	1210	33	sense	sense	NOUN
ftr-441	1210	34	to	to	PART
ftr-441	1210	35	limit	limit	VERB
ftr-441	1210	36	the	the	DET
ftr-441	1210	37	availability	availability	NOUN
ftr-441	1210	38	of	of	ADP
ftr-441	1210	39	those	those	DET
ftr-441	1210	40	rules	rule	NOUN
ftr-441	1210	41	to	to	ADP
ftr-441	1210	42	small	small	ADJ
ftr-441	1210	43	businesses	business	NOUN
ftr-441	1210	44	.	.	PUNCT
ftr-441	1211	1	from	from	ADP
ftr-441	1211	2	the	the	DET
ftr-441	1211	3	taxpayer	taxpayer	NOUN
ftr-441	1211	4	's	's	PART
ftr-441	1211	5	vantage	vantage	NOUN
ftr-441	1211	6	point	point	NOUN
ftr-441	1211	7	,	,	PUNCT
ftr-441	1211	8	small	small	ADJ
ftr-441	1211	9	businesses	business	NOUN
ftr-441	1211	10	are	be	AUX
ftr-441	1211	11	likely	likely	ADJ
ftr-441	1211	12	to	to	PART
ftr-441	1211	13	have	have	VERB
ftr-441	1211	14	less	less	ADV
ftr-441	1211	15	sophisticated	sophisticated	ADJ
ftr-441	1211	16	owners	owner	NOUN
ftr-441	1211	17	and	and	CCONJ
ftr-441	1211	18	advisors	advisor	NOUN
ftr-441	1211	19	than	than	ADP
ftr-441	1211	20	larger	large	ADJ
ftr-441	1211	21	businesses	business	NOUN
ftr-441	1211	22	.	.	PUNCT
ftr-441	1212	1	therefore	therefore	ADV
ftr-441	1212	2	,	,	PUNCT
ftr-441	1212	3	small	small	ADJ
ftr-441	1212	4	businesses	business	NOUN
ftr-441	1212	5	would	would	AUX
ftr-441	1212	6	particularly	particularly	ADV
ftr-441	1212	7	benefit	benefit	VERB
ftr-441	1212	8	from	from	ADP
ftr-441	1212	9	a	a	DET
ftr-441	1212	10	simplified	simplified	ADJ
ftr-441	1212	11	tax	tax	NOUN
ftr-441	1212	12	rule	rule	NOUN
ftr-441	1212	13	structure	structure	NOUN
ftr-441	1212	14	.	.	PUNCT
ftr-441	1213	1	although	although	SCONJ
ftr-441	1213	2	larger	large	ADJ
ftr-441	1213	3	businesses	business	NOUN
ftr-441	1213	4	would	would	AUX
ftr-441	1213	5	also	also	ADV
ftr-441	1213	6	benefit	benefit	VERB
ftr-441	1213	7	from	from	ADP
ftr-441	1213	8	simplification	simplification	NOUN
ftr-441	1213	9	,	,	PUNCT
ftr-441	1213	10	they	they	PRON
ftr-441	1213	11	might	might	AUX
ftr-441	1213	12	have	have	VERB
ftr-441	1213	13	alternative	alternative	ADJ
ftr-441	1213	14	means	mean	NOUN
ftr-441	1213	15	not	not	PART
ftr-441	1213	16	available	available	ADJ
ftr-441	1213	17	to	to	ADP
ftr-441	1213	18	smaller	small	ADJ
ftr-441	1213	19	businesses	business	NOUN
ftr-441	1213	20	of	of	ADP
ftr-441	1213	21	coping	cope	VERB
ftr-441	1213	22	with	with	ADP
ftr-441	1213	23	tax	tax	NOUN
ftr-441	1213	24	law	law	NOUN
ftr-441	1213	25	complexity	complexity	NOUN
ftr-441	1213	26	.	.	PUNCT
ftr-441	1214	1	168	168	NUM
ftr-441	1214	2	.	.	PUNCT
ftr-441	1215	1	see	see	VERB
ftr-441	1215	2	,	,	PUNCT
ftr-441	1215	3	e.g.	e.g.	ADV
ftr-441	1215	4	,	,	PUNCT
ftr-441	1215	5	irc	irc	PROPN
ftr-441	1215	6	§	§	PROPN
ftr-441	1215	7	§	§	PROPN
ftr-441	1215	8	44(b	44(b	NUM
ftr-441	1215	9	)	)	PUNCT
ftr-441	1215	10	(	(	PUNCT
ftr-441	1215	11	business	business	NOUN
ftr-441	1215	12	with	with	ADP
ftr-441	1215	13	gross	gross	ADJ
ftr-441	1215	14	receipts	receipt	NOUN
ftr-441	1215	15	not	not	PART
ftr-441	1215	16	exceeding	exceed	VERB
ftr-441	1215	17	s1	s1	NOUN
ftr-441	1215	18	million	million	NUM
ftr-441	1215	19	or	or	CCONJ
ftr-441	1215	20	one	one	NUM
ftr-441	1215	21	having	have	VERB
ftr-441	1215	22	no	no	DET
ftr-441	1215	23	more	more	ADJ
ftr-441	1215	24	than	than	ADP
ftr-441	1215	25	30	30	NUM
ftr-441	1215	26	full	full	ADJ
ftr-441	1215	27	-	-	PUNCT
ftr-441	1215	28	time	time	NOUN
ftr-441	1215	29	employees	employee	NOUN
ftr-441	1215	30	)	)	PUNCT
ftr-441	1215	31	,	,	PUNCT
ftr-441	1215	32	55(e)(1	55(e)(1	NUM
ftr-441	1215	33	)	)	PUNCT
ftr-441	1215	34	(	(	PUNCT
ftr-441	1215	35	corporation	corporation	NOUN
ftr-441	1215	36	with	with	ADP
ftr-441	1215	37	average	average	ADJ
ftr-441	1215	38	annual	annual	ADJ
ftr-441	1215	39	gross	gross	ADJ
ftr-441	1215	40	receipts	receipt	NOUN
ftr-441	1215	41	for	for	ADP
ftr-441	1215	42	three	three	NUM
ftr-441	1215	43	preceding	precede	VERB
ftr-441	1215	44	years	year	NOUN
ftr-441	1215	45	not	not	PART
ftr-441	1215	46	exceeding	exceed	VERB
ftr-441	1215	47	$	$	SYM
ftr-441	1215	48	5	5	NUM
ftr-441	1215	49	million	million	NUM
ftr-441	1215	50	(	(	PUNCT
ftr-441	1215	51	or	or	CCONJ
ftr-441	1215	52	$	$	SYM
ftr-441	1215	53	7.5	7.5	NUM
ftr-441	1215	54	million	million	NUM
ftr-441	1215	55	after	after	ADP
ftr-441	1215	56	1997	1997	NUM
ftr-441	1215	57	)	)	PUNCT
ftr-441	1215	58	)	)	PUNCT
ftr-441	1215	59	,	,	PUNCT
ftr-441	1215	60	447(d	447(d	PROPN
ftr-441	1215	61	)	)	PUNCT
ftr-441	1215	62	(	(	PUNCT
ftr-441	1215	63	gross	gross	ADJ
ftr-441	1215	64	receipts	receipt	NOUN
ftr-441	1215	65	not	not	PART
ftr-441	1215	66	exceeding	exceed	VERB
ftr-441	1215	67	$	$	SYM
ftr-441	1215	68	i	i	NOUN
ftr-441	1215	69	million	million	NUM
ftr-441	1215	70	or	or	CCONJ
ftr-441	1215	71	,	,	PUNCT
ftr-441	1215	72	in	in	ADP
ftr-441	1215	73	certain	certain	ADJ
ftr-441	1215	74	cases	case	NOUN
ftr-441	1215	75	,	,	PUNCT
ftr-441	1215	76	$	$	SYM
ftr-441	1215	77	25	25	NUM
ftr-441	1215	78	million	million	NUM
ftr-441	1215	79	)	)	PUNCT
ftr-441	1215	80	,	,	PUNCT
ftr-441	1215	81	448(c	448(c	PROPN
ftr-441	1215	82	)	)	PUNCT
ftr-441	1215	83	(	(	PUNCT
ftr-441	1215	84	average	average	ADJ
ftr-441	1215	85	annual	annual	ADJ
ftr-441	1215	86	gross	gross	ADJ
ftr-441	1215	87	receipts	receipt	NOUN
ftr-441	1215	88	for	for	ADP
ftr-441	1215	89	three	three	NUM
ftr-441	1215	90	preceding	precede	VERB
ftr-441	1215	91	years	year	NOUN
ftr-441	1215	92	not	not	PART
ftr-441	1215	93	exceeding	exceed	VERB
ftr-441	1215	94	$	$	SYM
ftr-441	1215	95	5	5	NUM
ftr-441	1215	96	million	million	NUM
ftr-441	1215	97	)	)	PUNCT
ftr-441	1215	98	,	,	PUNCT
ftr-441	1215	99	474(c	474(c	PROPN
ftr-441	1215	100	)	)	PUNCT
ftr-441	1215	101	(	(	PUNCT
ftr-441	1215	102	same	same	ADJ
ftr-441	1215	103	)	)	PUNCT
ftr-441	1215	104	,	,	PUNCT
ftr-441	1215	105	6721(d)(2)(a	6721(d)(2)(a	NUM
ftr-441	1215	106	)	)	PUNCT
ftr-441	1215	107	(	(	PUNCT
ftr-441	1215	108	same	same	ADJ
ftr-441	1215	109	)	)	PUNCT
ftr-441	1215	110	,	,	PUNCT
ftr-441	1215	111	263a(b)(2)(b	263a(b)(2)(b	NUM
ftr-441	1215	112	)	)	PUNCT
ftr-441	1215	113	(	(	PUNCT
ftr-441	1215	114	average	average	ADJ
ftr-441	1215	115	annual	annual	ADJ
ftr-441	1215	116	gross	gross	ADJ
ftr-441	1215	117	receipts	receipt	NOUN
ftr-441	1215	118	for	for	ADP
ftr-441	1215	119	three	three	NUM
ftr-441	1215	120	preceding	precede	VERB
ftr-441	1215	121	years	year	NOUN
ftr-441	1215	122	not	not	PART
ftr-441	1215	123	exceeding	exceed	VERB
ftr-441	1215	124	$	$	SYM
ftr-441	1215	125	10	10	NUM
ftr-441	1215	126	million	million	NUM
ftr-441	1215	127	)	)	PUNCT
ftr-441	1215	128	,	,	PUNCT
ftr-441	1215	129	460(e)(1)(b	460(e)(1)(b	PROPN
ftr-441	1215	130	)	)	PUNCT
ftr-441	1215	131	(	(	PUNCT
ftr-441	1215	132	same	same	ADJ
ftr-441	1215	133	)	)	PUNCT
ftr-441	1215	134	,	,	PUNCT
ftr-441	1215	135	613a(d)(2	613a(d)(2	X
ftr-441	1215	136	)	)	PUNCT
ftr-441	1215	137	(	(	PUNCT
ftr-441	1215	138	certain	certain	ADJ
ftr-441	1215	139	gross	gross	ADJ
ftr-441	1215	140	receipts	receipt	NOUN
ftr-441	1215	141	may	may	AUX
ftr-441	1215	142	not	not	PART
ftr-441	1215	143	exceed	exceed	VERB
ftr-441	1215	144	$	$	SYM
ftr-441	1215	145	5	5	NUM
ftr-441	1215	146	million	million	NUM
ftr-441	1215	147	)	)	PUNCT
ftr-441	1215	148	,	,	PUNCT
ftr-441	1215	149	508(c)(1)(b	508(c)(1)(b	PROPN
ftr-441	1215	150	)	)	PUNCT
ftr-441	1215	151	(	(	PUNCT
ftr-441	1215	152	gross	gross	ADJ
ftr-441	1215	153	receipts	receipt	NOUN
ftr-441	1215	154	normally	normally	ADV
ftr-441	1215	155	not	not	PART
ftr-441	1215	156	more	more	ADJ
ftr-441	1215	157	than	than	ADP
ftr-441	1215	158	$	$	SYM
ftr-441	1215	159	5,000	5,000	NUM
ftr-441	1215	160	)	)	PUNCT
ftr-441	1215	161	,	,	PUNCT
ftr-441	1215	162	6033(a)(2)(a)(ii	6033(a)(2)(a)(ii	NUM
ftr-441	1215	163	)	)	PUNCT
ftr-441	1215	164	(	(	PUNCT
ftr-441	1215	165	same	same	ADJ
ftr-441	1215	166	)	)	PUNCT
ftr-441	1215	167	,	,	PUNCT
ftr-441	1215	168	6113(b)(2)(a	6113(b)(2)(a	NUM
ftr-441	1215	169	)	)	PUNCT
ftr-441	1215	170	(	(	PUNCT
ftr-441	1215	171	gross	gross	ADJ
ftr-441	1215	172	receipts	receipt	NOUN
ftr-441	1215	173	normally	normally	ADV
ftr-441	1215	174	not	not	PART
ftr-441	1215	175	more	more	ADJ
ftr-441	1215	176	than	than	ADP
ftr-441	1215	177	$	$	SYM
ftr-441	1215	178	100,000	100,000	NUM
ftr-441	1215	179	)	)	PUNCT
ftr-441	1215	180	,	,	PUNCT
ftr-441	1215	181	1044(c)(3	1044(c)(3	NUM
ftr-441	1215	182	)	)	PUNCT
ftr-441	1215	183	(	(	PUNCT
ftr-441	1215	184	any	any	DET
ftr-441	1215	185	partnership	partnership	NOUN
ftr-441	1215	186	or	or	CCONJ
ftr-441	1215	187	corporation	corporation	NOUN
ftr-441	1215	188	licensed	license	VERB
ftr-441	1215	189	by	by	ADP
ftr-441	1215	190	the	the	DET
ftr-441	1215	191	sba	sba	PROPN
ftr-441	1215	192	under	under	ADP
ftr-441	1215	193	§	§	PROPN
ftr-441	1215	194	301(d	301(d	PROPN
ftr-441	1215	195	)	)	PUNCT
ftr-441	1215	196	of	of	ADP
ftr-441	1215	197	the	the	DET
ftr-441	1215	198	small	small	ADJ
ftr-441	1215	199	business	business	NOUN
ftr-441	1215	200	investment	investment	NOUN
ftr-441	1215	201	act	act	NOUN
ftr-441	1215	202	of	of	ADP
ftr-441	1215	203	1958	1958	NUM
ftr-441	1215	204	)	)	PUNCT
ftr-441	1215	205	,	,	PUNCT
ftr-441	1215	206	1202(d)(1	1202(d)(1	NUM
ftr-441	1215	207	)	)	PUNCT
ftr-441	1215	208	(	(	PUNCT
ftr-441	1215	209	gross	gross	ADJ
ftr-441	1215	210	assets	asset	NOUN
ftr-441	1215	211	not	not	PART
ftr-441	1215	212	exceeding	exceed	VERB
ftr-441	1215	213	s50	s50	NOUN
ftr-441	1215	214	million	million	NUM
ftr-441	1215	215	)	)	PUNCT
ftr-441	1215	216	,	,	PUNCT
ftr-441	1215	217	1244(c)(3	1244(c)(3	NUM
ftr-441	1215	218	)	)	PUNCT
ftr-441	1215	219	(	(	PUNCT
ftr-441	1215	220	shareholder	shareholder	NOUN
ftr-441	1215	221	contribution	contribution	NOUN
ftr-441	1215	222	,	,	PUNCT
ftr-441	1215	223	including	include	VERB
ftr-441	1215	224	paid	pay	VERB
ftr-441	1215	225	-	-	PUNCT
ftr-441	1215	226	in	in	ADP
ftr-441	1215	227	surplus	surplus	NOUN
ftr-441	1215	228	,	,	PUNCT
ftr-441	1215	229	not	not	PART
ftr-441	1215	230	exceeding	exceed	VERB
ftr-441	1215	231	si	si	PROPN
ftr-441	1215	232	million	million	NUM
ftr-441	1215	233	)	)	PUNCT
ftr-441	1215	234	,	,	PUNCT
ftr-441	1215	235	243(a)(2	243(a)(2	X
ftr-441	1215	236	)	)	PUNCT
ftr-441	1215	237	(	(	PUNCT
ftr-441	1215	238	must	must	AUX
ftr-441	1215	239	be	be	AUX
ftr-441	1215	240	small	small	ADJ
ftr-441	1215	241	business	business	NOUN
ftr-441	1215	242	investment	investment	NOUN
ftr-441	1215	243	company	company	NOUN
ftr-441	1215	244	operating	operate	VERB
ftr-441	1215	245	under	under	ADP
ftr-441	1215	246	the	the	DET
ftr-441	1215	247	small	small	ADJ
ftr-441	1215	248	business	business	NOUN
ftr-441	1215	249	investment	investment	NOUN
ftr-441	1215	250	act	act	NOUN
ftr-441	1215	251	of	of	ADP
ftr-441	1215	252	1958	1958	NUM
ftr-441	1215	253	)	)	PUNCT
ftr-441	1215	254	,	,	PUNCT
ftr-441	1215	255	246a(b)(2	246a(b)(2	NUM
ftr-441	1215	256	)	)	PUNCT
ftr-441	1215	257	(	(	PUNCT
ftr-441	1215	258	same	same	ADJ
ftr-441	1215	259	)	)	PUNCT
ftr-441	1215	260	,	,	PUNCT
ftr-441	1215	261	582(c)(2)(a)(iii	582(c)(2)(a)(iii	X
ftr-441	1215	262	)	)	PUNCT
ftr-441	1215	263	(	(	PUNCT
ftr-441	1215	264	same	same	ADJ
ftr-441	1215	265	)	)	PUNCT
ftr-441	1215	266	,	,	PUNCT
ftr-441	1215	267	1242	1242	NUM
ftr-441	1215	268	(	(	PUNCT
ftr-441	1215	269	same	same	ADJ
ftr-441	1215	270	)	)	PUNCT
ftr-441	1215	271	,	,	PUNCT
ftr-441	1215	272	1243	1243	NUM
ftr-441	1215	273	(	(	PUNCT
ftr-441	1215	274	same	same	ADJ
ftr-441	1215	275	)	)	PUNCT
ftr-441	1215	276	,	,	PUNCT
ftr-441	1215	277	542(c)(8	542(c)(8	NUM
ftr-441	1215	278	)	)	PUNCT
ftr-441	1215	279	(	(	PUNCT
ftr-441	1215	280	same	same	ADJ
ftr-441	1215	281	,	,	PUNCT
ftr-441	1215	282	except	except	SCONJ
ftr-441	1215	283	that	that	DET
ftr-441	1215	284	firm	firm	NOUN
ftr-441	1215	285	must	must	AUX
ftr-441	1215	286	be	be	AUX
ftr-441	1215	287	actively	actively	ADV
ftr-441	1215	288	engaged	engage	VERB
ftr-441	1215	289	in	in	ADP
ftr-441	1215	290	business	business	NOUN
ftr-441	1215	291	of	of	ADP
ftr-441	1215	292	providing	provide	VERB
ftr-441	1215	293	funds	fund	NOUN
ftr-441	1215	294	to	to	ADP
ftr-441	1215	295	small	small	ADJ
ftr-441	1215	296	business	business	NOUN
ftr-441	1215	297	concerns	concern	NOUN
ftr-441	1215	298	)	)	PUNCT
ftr-441	1215	299	,	,	PUNCT
ftr-441	1215	300	220(c)(4	220(c)(4	NUM
ftr-441	1215	301	)	)	PUNCT
ftr-441	1215	302	(	(	PUNCT
ftr-441	1215	303	average	average	NOUN
ftr-441	1215	304	of	of	ADP
ftr-441	1215	305	50	50	NUM
ftr-441	1215	306	or	or	CCONJ
ftr-441	1215	307	fewer	few	ADJ
ftr-441	1215	308	employees	employee	NOUN
ftr-441	1215	309	during	during	ADP
ftr-441	1215	310	either	either	PRON
ftr-441	1215	311	of	of	ADP
ftr-441	1215	312	two	two	NUM
ftr-441	1215	313	preceding	precede	VERB
ftr-441	1215	314	calendar	calendar	NOUN
ftr-441	1215	315	years	year	NOUN
ftr-441	1215	316	)	)	PUNCT
ftr-441	1215	317	,	,	PUNCT
ftr-441	1215	318	4980d(d)(2	4980d(d)(2	NUM
ftr-441	1215	319	)	)	PUNCT
ftr-441	1215	320	(	(	PUNCT
ftr-441	1215	321	average	average	NOUN
ftr-441	1215	322	of	of	ADP
ftr-441	1215	323	at	at	ADV
ftr-441	1215	324	least	least	ADV
ftr-441	1215	325	two	two	NUM
ftr-441	1215	326	but	but	CCONJ
ftr-441	1215	327	not	not	PART
ftr-441	1215	328	more	more	ADJ
ftr-441	1215	329	than	than	ADP
ftr-441	1215	330	50	50	NUM
ftr-441	1215	331	employees	employee	NOUN
ftr-441	1215	332	during	during	ADP
ftr-441	1215	333	preceding	precede	VERB
ftr-441	1215	334	calendar	calendar	NOUN
ftr-441	1215	335	year	year	NOUN
ftr-441	1215	336	)	)	PUNCT
ftr-441	1215	337	,	,	PUNCT
ftr-441	1215	338	6053(c)(4	6053(c)(4	NOUN
ftr-441	1215	339	)	)	PUNCT
ftr-441	1215	340	(	(	PUNCT
ftr-441	1215	341	10	10	NUM
ftr-441	1215	342	or	or	CCONJ
ftr-441	1215	343	fewer	few	ADJ
ftr-441	1215	344	employees	employee	NOUN
ftr-441	1215	345	during	during	ADP
ftr-441	1215	346	preceding	precede	VERB
ftr-441	1215	347	calendar	calendar	NOUN
ftr-441	1215	348	year	year	NOUN
ftr-441	1215	349	)	)	PUNCT
ftr-441	1215	350	.	.	PUNCT
ftr-441	1216	1	certain	certain	ADJ
ftr-441	1216	2	other	other	ADJ
ftr-441	1216	3	provisions	provision	NOUN
ftr-441	1216	4	are	be	AUX
ftr-441	1216	5	designed	design	VERB
ftr-441	1216	6	to	to	PART
ftr-441	1216	7	be	be	AUX
ftr-441	1216	8	limited	limit	VERB
ftr-441	1216	9	to	to	ADP
ftr-441	1216	10	small	small	ADJ
ftr-441	1216	11	businesses	business	NOUN
ftr-441	1216	12	through	through	ADP
ftr-441	1216	13	a	a	DET
ftr-441	1216	14	phase	phase	NOUN
ftr-441	1216	15	-	-	PUNCT
ftr-441	1216	16	out	out	NOUN
ftr-441	1216	17	or	or	CCONJ
ftr-441	1216	18	other	other	ADJ
ftr-441	1216	19	mechanism	mechanism	NOUN
ftr-441	1216	20	.	.	PUNCT
ftr-441	1217	1	see	see	VERB
ftr-441	1217	2	,	,	PUNCT
ftr-441	1217	3	e.g.	e.g.	ADV
ftr-441	1217	4	,	,	PUNCT
ftr-441	1217	5	irc	irc	PROPN
ftr-441	1217	6	§	§	PROPN
ftr-441	1217	7	§	§	PROPN
ftr-441	1217	8	1	1	NUM
ftr-441	1217	9	l(b	l(b	PROPN
ftr-441	1217	10	)	)	PUNCT
ftr-441	1217	11	(	(	PUNCT
ftr-441	1217	12	phase	phase	NOUN
ftr-441	1217	13	-	-	PUNCT
ftr-441	1217	14	out	out	NOUN
ftr-441	1217	15	of	of	ADP
ftr-441	1217	16	low	low	ADJ
ftr-441	1217	17	brackets	bracket	NOUN
ftr-441	1217	18	for	for	ADP
ftr-441	1217	19	corporations	corporation	NOUN
ftr-441	1217	20	with	with	ADP
ftr-441	1217	21	higher	high	ADJ
ftr-441	1217	22	income	income	NOUN
ftr-441	1217	23	)	)	PUNCT
ftr-441	1217	24	,	,	PUNCT
ftr-441	1217	25	179(b)(2	179(b)(2	NUM
ftr-441	1217	26	)	)	PUNCT
ftr-441	1217	27	(	(	PUNCT
ftr-441	1217	28	phase	phase	NOUN
ftr-441	1217	29	out	out	ADP
ftr-441	1217	30	of	of	ADP
ftr-441	1217	31	§	§	PROPN
ftr-441	1217	32	179	179	NUM
ftr-441	1217	33	expensing	expense	VERB
ftr-441	1217	34	benefit	benefit	NOUN
ftr-441	1217	35	where	where	SCONJ
ftr-441	1217	36	amount	amount	NOUN
ftr-441	1217	37	of	of	ADP
ftr-441	1217	38	§	§	PROPN
ftr-441	1217	39	179	179	NUM
ftr-441	1217	40	property	property	NOUN
ftr-441	1217	41	placed	place	VERB
ftr-441	1217	42	in	in	ADP
ftr-441	1217	43	service	service	NOUN
ftr-441	1217	44	begins	begin	VERB
ftr-441	1217	45	to	to	PART
ftr-441	1217	46	exceed	exceed	VERB
ftr-441	1217	47	$	$	SYM
ftr-441	1217	48	200,000	200,000	NUM
ftr-441	1217	49	)	)	PUNCT
ftr-441	1217	50	,	,	PUNCT
ftr-441	1217	51	195	195	NUM
ftr-441	1217	52	(	(	PUNCT
ftr-441	1217	53	special	special	ADJ
ftr-441	1217	54	rule	rule	NOUN
ftr-441	1217	55	limited	limit	VERB
ftr-441	1217	56	to	to	PART
ftr-441	1217	57	"	"	PUNCT
ftr-441	1217	58	start	start	VERB
ftr-441	1217	59	-	-	PUNCT
ftr-441	1217	60	up	up	ADP
ftr-441	1217	61	expenditures	expenditure	NOUN
ftr-441	1217	62	"	"	PUNCT
ftr-441	1217	63	)	)	PUNCT
ftr-441	1217	64	.	.	PUNCT
ftr-441	1218	1	similar	similar	ADJ
ftr-441	1218	2	rules	rule	NOUN
ftr-441	1218	3	have	have	AUX
ftr-441	1218	4	been	be	AUX
ftr-441	1218	5	included	include	VERB
ftr-441	1218	6	in	in	ADP
ftr-441	1218	7	recent	recent	ADJ
ftr-441	1218	8	proposals	proposal	NOUN
ftr-441	1218	9	.	.	PUNCT
ftr-441	1219	1	see	see	VERB
ftr-441	1219	2	,	,	PUNCT
ftr-441	1219	3	e.g.	e.g.	ADV
ftr-441	1219	4	,	,	PUNCT
ftr-441	1219	5	treasury	treasury	NOUN
ftr-441	1219	6	integration	integration	NOUN
ftr-441	1219	7	report	report	NOUN
ftr-441	1219	8	,	,	PUNCT
ftr-441	1219	9	supra	supra	PROPN
ftr-441	1219	10	note	note	PROPN
ftr-441	1219	11	28	28	NUM
ftr-441	1219	12	,	,	PUNCT
ftr-441	1219	13	at	at	ADP
ftr-441	1219	14	42	42	NUM
ftr-441	1219	15	(	(	PUNCT
ftr-441	1219	16	businesses	business	NOUN
ftr-441	1219	17	with	with	ADP
ftr-441	1219	18	gross	gross	ADJ
ftr-441	1219	19	receipts	receipt	NOUN
ftr-441	1219	20	less	less	ADJ
ftr-441	1219	21	than	than	ADP
ftr-441	1219	22	$	$	SYM
ftr-441	1219	23	100,000	100,000	NUM
ftr-441	1219	24	not	not	PART
ftr-441	1219	25	subject	subject	ADJ
ftr-441	1219	26	to	to	ADP
ftr-441	1219	27	cbit	cbit	NOUN
ftr-441	1219	28	)	)	PUNCT
ftr-441	1219	29	;	;	PUNCT
ftr-441	1219	30	berger	berger	PROPN
ftr-441	1219	31	,	,	PUNCT
ftr-441	1219	32	supra	supra	PROPN
ftr-441	1219	33	note	note	PROPN
ftr-441	1219	34	63	63	NUM
ftr-441	1219	35	,	,	PUNCT
ftr-441	1219	36	at	at	ADP
ftr-441	1219	37	165	165	NUM
ftr-441	1219	38	(	(	PUNCT
ftr-441	1219	39	distinguishes	distinguish	VERB
ftr-441	1219	40	one	one	NUM
ftr-441	1219	41	-	-	PUNCT
ftr-441	1219	42	tier	tier	NOUN
ftr-441	1219	43	from	from	ADP
ftr-441	1219	44	two	two	NUM
ftr-441	1219	45	-	-	PUNCT
ftr-441	1219	46	tier	tier	NOUN
ftr-441	1219	47	entities	entity	NOUN
ftr-441	1219	48	based	base	VERB
ftr-441	1219	49	on	on	ADP
ftr-441	1219	50	their	their	PRON
ftr-441	1219	51	total	total	ADJ
ftr-441	1219	52	revenues	revenue	NOUN
ftr-441	1219	53	,	,	PUNCT
ftr-441	1219	54	with	with	ADP
ftr-441	1219	55	the	the	DET
ftr-441	1219	56	dividing	dividing	NOUN
ftr-441	1219	57	line	line	NOUN
ftr-441	1219	58	between	between	ADP
ftr-441	1219	59	so	so	ADV
ftr-441	1219	60	million	million	NUM
ftr-441	1219	61	and	and	CCONJ
ftr-441	1219	62	$	$	SYM
ftr-441	1219	63	50	50	NUM
ftr-441	1219	64	million	million	NUM
ftr-441	1219	65	)	)	PUNCT
ftr-441	1219	66	.	.	PUNCT
ftr-441	1220	1	1999	1999	NUM
ftr-441	1220	2	]	]	PUNCT
ftr-441	1220	3	florida	florida	PROPN
ftr-441	1220	4	tax	tax	PROPN
ftr-441	1220	5	review	review	NOUN
ftr-441	1220	6	one	one	NUM
ftr-441	1220	7	problem	problem	NOUN
ftr-441	1220	8	with	with	ADP
ftr-441	1220	9	a	a	DET
ftr-441	1220	10	"	"	PUNCT
ftr-441	1220	11	small	small	ADJ
ftr-441	1220	12	business	business	NOUN
ftr-441	1220	13	"	"	PUNCT
ftr-441	1220	14	condition	condition	NOUN
ftr-441	1220	15	is	be	AUX
ftr-441	1220	16	developing	develop	VERB
ftr-441	1220	17	a	a	DET
ftr-441	1220	18	proper	proper	ADJ
ftr-441	1220	19	definition	definition	NOUN
ftr-441	1220	20	for	for	ADP
ftr-441	1220	21	that	that	DET
ftr-441	1220	22	term	term	NOUN
ftr-441	1220	23	.	.	PUNCT
ftr-441	1221	1	a	a	DET
ftr-441	1221	2	dollar	dollar	NOUN
ftr-441	1221	3	-	-	PUNCT
ftr-441	1221	4	size	size	NOUN
ftr-441	1221	5	rule	rule	NOUN
ftr-441	1221	6	establishes	establish	VERB
ftr-441	1221	7	a	a	DET
ftr-441	1221	8	bright	bright	ADJ
ftr-441	1221	9	line	line	NOUN
ftr-441	1221	10	,	,	PUNCT
ftr-441	1221	11	but	but	CCONJ
ftr-441	1221	12	it	it	PRON
ftr-441	1221	13	is	be	AUX
ftr-441	1221	14	unclear	unclear	ADJ
ftr-441	1221	15	whether	whether	SCONJ
ftr-441	1221	16	a	a	DET
ftr-441	1221	17	dollar	dollar	NOUN
ftr-441	1221	18	-	-	PUNCT
ftr-441	1221	19	size	size	NOUN
ftr-441	1221	20	limit	limit	NOUN
ftr-441	1221	21	should	should	AUX
ftr-441	1221	22	apply	apply	VERB
ftr-441	1221	23	to	to	ADP
ftr-441	1221	24	assets	asset	NOUN
ftr-441	1221	25	,	,	PUNCT
ftr-441	1221	26	receipts	receipt	NOUN
ftr-441	1221	27	,	,	PUNCT
ftr-441	1221	28	taxable	taxable	ADJ
ftr-441	1221	29	income	income	NOUN
ftr-441	1221	30	,	,	PUNCT
ftr-441	1221	31	some	some	DET
ftr-441	1221	32	combination	combination	NOUN
ftr-441	1221	33	of	of	ADP
ftr-441	1221	34	the	the	DET
ftr-441	1221	35	foregoing	foregoing	NOUN
ftr-441	1221	36	,	,	PUNCT
ftr-441	1221	37	or	or	CCONJ
ftr-441	1221	38	something	something	PRON
ftr-441	1221	39	else	else	ADV
ftr-441	1221	40	.	.	PUNCT
ftr-441	1222	1	"	"	PUNCT
ftr-441	1222	2	receipts	receipt	NOUN
ftr-441	1222	3	"	"	PUNCT
ftr-441	1222	4	seem	seem	VERB
ftr-441	1222	5	to	to	PART
ftr-441	1222	6	draw	draw	VERB
ftr-441	1222	7	too	too	ADV
ftr-441	1222	8	arbitrary	arbitrary	ADJ
ftr-441	1222	9	a	a	DET
ftr-441	1222	10	line	line	NOUN
ftr-441	1222	11	between	between	ADP
ftr-441	1222	12	capital	capital	NOUN
ftr-441	1222	13	-	-	PUNCT
ftr-441	1222	14	intensive	intensive	ADJ
ftr-441	1222	15	and	and	CCONJ
ftr-441	1222	16	service	service	NOUN
ftr-441	1222	17	-	-	PUNCT
ftr-441	1222	18	based	base	VERB
ftr-441	1222	19	firms	firm	NOUN
ftr-441	1222	20	;	;	PUNCT
ftr-441	1222	21	such	such	DET
ftr-441	1222	22	a	a	DET
ftr-441	1222	23	distinction	distinction	NOUN
ftr-441	1222	24	appears	appear	VERB
ftr-441	1222	25	unrelated	unrelated	ADJ
ftr-441	1222	26	to	to	ADP
ftr-441	1222	27	either	either	CCONJ
ftr-441	1222	28	the	the	DET
ftr-441	1222	29	tax	tax	NOUN
ftr-441	1222	30	advantage	advantage	NOUN
ftr-441	1222	31	potential	potential	NOUN
ftr-441	1222	32	of	of	ADP
ftr-441	1222	33	the	the	DET
ftr-441	1222	34	firm	firm	NOUN
ftr-441	1222	35	or	or	CCONJ
ftr-441	1222	36	its	its	PRON
ftr-441	1222	37	need	need	NOUN
ftr-441	1222	38	for	for	ADP
ftr-441	1222	39	a	a	DET
ftr-441	1222	40	simple	simple	ADJ
ftr-441	1222	41	operating	operating	NOUN
ftr-441	1222	42	rule	rule	NOUN
ftr-441	1222	43	structure	structure	NOUN
ftr-441	1222	44	.	.	PUNCT
ftr-441	1223	1	"	"	PUNCT
ftr-441	1223	2	taxable	taxable	ADJ
ftr-441	1223	3	income	income	NOUN
ftr-441	1223	4	"	"	PUNCT
ftr-441	1223	5	is	be	AUX
ftr-441	1223	6	probably	probably	ADV
ftr-441	1223	7	too	too	ADV
ftr-441	1223	8	inaccurate	inaccurate	ADJ
ftr-441	1223	9	a	a	DET
ftr-441	1223	10	proxy	proxy	NOUN
ftr-441	1223	11	for	for	ADP
ftr-441	1223	12	"	"	PUNCT
ftr-441	1223	13	small	small	ADJ
ftr-441	1223	14	business	business	NOUN
ftr-441	1223	15	.	.	PUNCT
ftr-441	1223	16	"	"	PUNCT
ftr-441	1224	1	in	in	ADP
ftr-441	1224	2	addition	addition	NOUN
ftr-441	1224	3	,	,	PUNCT
ftr-441	1224	4	"	"	PUNCT
ftr-441	1224	5	taxable	taxable	ADJ
ftr-441	1224	6	income	income	NOUN
ftr-441	1224	7	"	"	PUNCT
ftr-441	1224	8	presents	present	VERB
ftr-441	1224	9	the	the	DET
ftr-441	1224	10	greatest	great	ADJ
ftr-441	1224	11	boundary	boundary	ADJ
ftr-441	1224	12	problems	problem	NOUN
ftr-441	1224	13	,	,	PUNCT
ftr-441	1224	14	given	give	VERB
ftr-441	1224	15	how	how	SCONJ
ftr-441	1224	16	common	common	ADJ
ftr-441	1224	17	it	it	PRON
ftr-441	1224	18	is	be	AUX
ftr-441	1224	19	for	for	SCONJ
ftr-441	1224	20	business	business	NOUN
ftr-441	1224	21	income	income	NOUN
ftr-441	1224	22	to	to	PART
ftr-441	1224	23	fluctuate	fluctuate	VERB
ftr-441	1224	24	from	from	ADP
ftr-441	1224	25	year	year	NOUN
ftr-441	1224	26	to	to	ADP
ftr-441	1224	27	year	year	NOUN
ftr-441	1224	28	.	.	PUNCT
ftr-441	1225	1	69	69	NUM
ftr-441	1225	2	an	an	DET
ftr-441	1225	3	asset	asset	NOUN
ftr-441	1225	4	-	-	PUNCT
ftr-441	1225	5	based	base	VERB
ftr-441	1225	6	test	test	NOUN
ftr-441	1225	7	is	be	AUX
ftr-441	1225	8	reasonably	reasonably	ADV
ftr-441	1225	9	stable	stable	ADJ
ftr-441	1225	10	and	and	CCONJ
ftr-441	1225	11	somewhat	somewhat	ADV
ftr-441	1225	12	representative	representative	NOUN
ftr-441	1225	13	of	of	ADP
ftr-441	1225	14	"	"	PUNCT
ftr-441	1225	15	small	small	ADJ
ftr-441	1225	16	business	business	NOUN
ftr-441	1225	17	,	,	PUNCT
ftr-441	1225	18	"	"	PUNCT
ftr-441	1225	19	yet	yet	CCONJ
ftr-441	1225	20	it	it	PRON
ftr-441	1225	21	entails	entail	VERB
ftr-441	1225	22	the	the	DET
ftr-441	1225	23	potential	potential	ADJ
ftr-441	1225	24	disadvantage	disadvantage	NOUN
ftr-441	1225	25	of	of	ADP
ftr-441	1225	26	requiring	require	VERB
ftr-441	1225	27	periodic	periodic	ADJ
ftr-441	1225	28	valuations	valuation	NOUN
ftr-441	1225	29	.	.	PUNCT
ftr-441	1226	1	70	70	NUM
ftr-441	1226	2	it	it	PRON
ftr-441	1226	3	also	also	ADV
ftr-441	1226	4	may	may	AUX
ftr-441	1226	5	arbitrarily	arbitrarily	ADV
ftr-441	1226	6	distinguish	distinguish	VERB
ftr-441	1226	7	service	service	NOUN
ftr-441	1226	8	businesses	business	NOUN
ftr-441	1226	9	from	from	ADP
ftr-441	1226	10	others	other	NOUN
ftr-441	1226	11	.	.	PUNCT
ftr-441	1227	1	17	17	NUM
ftr-441	1227	2	1	1	NUM
ftr-441	1227	3	in	in	ADP
ftr-441	1227	4	short	short	ADJ
ftr-441	1227	5	,	,	PUNCT
ftr-441	1227	6	any	any	DET
ftr-441	1227	7	test	test	NOUN
ftr-441	1227	8	for	for	ADP
ftr-441	1227	9	small	small	ADJ
ftr-441	1227	10	business	business	NOUN
ftr-441	1227	11	seems	seem	VERB
ftr-441	1227	12	either	either	CCONJ
ftr-441	1227	13	too	too	ADV
ftr-441	1227	14	arbitrary	arbitrary	ADJ
ftr-441	1227	15	or	or	CCONJ
ftr-441	1227	16	unworkable	unworkable	ADJ
ftr-441	1227	17	,	,	PUNCT
ftr-441	1227	18	and	and	CCONJ
ftr-441	1227	19	prior	prior	ADJ
ftr-441	1227	20	efforts	effort	NOUN
ftr-441	1227	21	to	to	PART
ftr-441	1227	22	define	define	VERB
ftr-441	1227	23	small	small	ADJ
ftr-441	1227	24	business	business	NOUN
ftr-441	1227	25	for	for	ADP
ftr-441	1227	26	tax	tax	NOUN
ftr-441	1227	27	purposes	purpose	NOUN
ftr-441	1227	28	do	do	AUX
ftr-441	1227	29	not	not	PART
ftr-441	1227	30	appear	appear	VERB
ftr-441	1227	31	helpful	helpful	ADJ
ftr-441	1227	32	.	.	PUNCT
ftr-441	1228	1	another	another	DET
ftr-441	1228	2	problem	problem	NOUN
ftr-441	1228	3	with	with	ADP
ftr-441	1228	4	a	a	DET
ftr-441	1228	5	rule	rule	NOUN
ftr-441	1228	6	providing	provide	VERB
ftr-441	1228	7	preferential	preferential	ADJ
ftr-441	1228	8	treatment	treatment	NOUN
ftr-441	1228	9	to	to	ADP
ftr-441	1228	10	small	small	ADJ
ftr-441	1228	11	businesses	business	NOUN
ftr-441	1228	12	is	be	AUX
ftr-441	1228	13	the	the	DET
ftr-441	1228	14	need	need	NOUN
ftr-441	1228	15	to	to	PART
ftr-441	1228	16	prevent	prevent	VERB
ftr-441	1228	17	division	division	NOUN
ftr-441	1228	18	of	of	ADP
ftr-441	1228	19	a	a	DET
ftr-441	1228	20	single	single	ADJ
ftr-441	1228	21	enterprise	enterprise	NOUN
ftr-441	1228	22	into	into	ADP
ftr-441	1228	23	parts	part	NOUN
ftr-441	1228	24	small	small	ADJ
ftr-441	1228	25	enough	enough	ADV
ftr-441	1228	26	to	to	PART
ftr-441	1228	27	qualify	qualify	VERB
ftr-441	1228	28	for	for	ADP
ftr-441	1228	29	that	that	DET
ftr-441	1228	30	treatment	treatment	NOUN
ftr-441	1228	31	.	.	PUNCT
ftr-441	1229	1	a	a	DET
ftr-441	1229	2	number	number	NOUN
ftr-441	1229	3	of	of	ADP
ftr-441	1229	4	existing	exist	VERB
ftr-441	1229	5	provisions	provision	NOUN
ftr-441	1229	6	undertake	undertake	VERB
ftr-441	1229	7	to	to	PART
ftr-441	1229	8	accomplish	accomplish	VERB
ftr-441	1229	9	this	this	DET
ftr-441	1229	10	task	task	NOUN
ftr-441	1229	11	,	,	PUNCT
ftr-441	1229	12	but	but	CCONJ
ftr-441	1229	13	none	none	NOUN
ftr-441	1229	14	seems	seem	VERB
ftr-441	1229	15	consistent	consistent	ADJ
ftr-441	1229	16	with	with	ADP
ftr-441	1229	17	a	a	DET
ftr-441	1229	18	goal	goal	NOUN
ftr-441	1229	19	of	of	ADP
ftr-441	1229	20	keeping	keep	VERB
ftr-441	1229	21	the	the	DET
ftr-441	1229	22	system	system	NOUN
ftr-441	1229	23	simple	simple	ADJ
ftr-441	1229	24	.	.	PUNCT
ftr-441	1230	1	72	72	NUM
ftr-441	1231	1	a	a	DET
ftr-441	1231	2	further	further	ADJ
ftr-441	1231	3	concern	concern	NOUN
ftr-441	1231	4	of	of	ADP
ftr-441	1231	5	any	any	DET
ftr-441	1231	6	dollar	dollar	NOUN
ftr-441	1231	7	-	-	PUNCT
ftr-441	1231	8	size	size	NOUN
ftr-441	1231	9	rule	rule	NOUN
ftr-441	1231	10	is	be	AUX
ftr-441	1231	11	the	the	DET
ftr-441	1231	12	boundary	boundary	ADJ
ftr-441	1231	13	problem	problem	NOUN
ftr-441	1231	14	created	create	VERB
ftr-441	1231	15	:	:	PUNCT
ftr-441	1231	16	how	how	SCONJ
ftr-441	1231	17	should	should	AUX
ftr-441	1231	18	firms	firm	NOUN
ftr-441	1231	19	be	be	AUX
ftr-441	1231	20	treated	treat	VERB
ftr-441	1231	21	when	when	SCONJ
ftr-441	1231	22	they	they	PRON
ftr-441	1231	23	flipflop	flipflop	VERB
ftr-441	1231	24	onto	onto	ADP
ftr-441	1231	25	different	different	ADJ
ftr-441	1231	26	sides	side	NOUN
ftr-441	1231	27	of	of	ADP
ftr-441	1231	28	the	the	DET
ftr-441	1231	29	applicable	applicable	ADJ
ftr-441	1231	30	dollar	dollar	NOUN
ftr-441	1231	31	threshold	threshold	NOUN
ftr-441	1231	32	?	?	PUNCT
ftr-441	1232	1	a	a	DET
ftr-441	1232	2	more	more	ADV
ftr-441	1232	3	fundamental	fundamental	ADJ
ftr-441	1232	4	concern	concern	NOUN
ftr-441	1232	5	is	be	AUX
ftr-441	1232	6	that	that	SCONJ
ftr-441	1232	7	any	any	DET
ftr-441	1232	8	dollar	dollar	NOUN
ftr-441	1232	9	size	size	NOUN
ftr-441	1232	10	rule	rule	NOUN
ftr-441	1232	11	would	would	AUX
ftr-441	1232	12	exclude	exclude	VERB
ftr-441	1232	13	too	too	ADV
ftr-441	1232	14	many	many	ADJ
ftr-441	1232	15	firms	firm	NOUN
ftr-441	1232	16	.	.	PUNCT
ftr-441	1233	1	some	some	DET
ftr-441	1233	2	larger	large	ADJ
ftr-441	1233	3	firms	firm	NOUN
ftr-441	1233	4	,	,	PUNCT
ftr-441	1233	5	used	use	VERB
ftr-441	1233	6	to	to	ADP
ftr-441	1233	7	the	the	DET
ftr-441	1233	8	relative	relative	ADJ
ftr-441	1233	9	simplicity	simplicity	NOUN
ftr-441	1233	10	of	of	ADP
ftr-441	1233	11	subchapter	subchapter	NOUN
ftr-441	1233	12	s	s	PART
ftr-441	1233	13	,	,	PUNCT
ftr-441	1233	14	would	would	AUX
ftr-441	1233	15	be	be	AUX
ftr-441	1233	16	forced	force	VERB
ftr-441	1233	17	to	to	PART
ftr-441	1233	18	be	be	AUX
ftr-441	1233	19	taxed	tax	VERB
ftr-441	1233	20	under	under	ADP
ftr-441	1233	21	more	more	ADV
ftr-441	1233	22	complex	complex	ADJ
ftr-441	1233	23	conduit	conduit	NOUN
ftr-441	1233	24	rules	rule	NOUN
ftr-441	1233	25	such	such	ADJ
ftr-441	1233	26	as	as	ADP
ftr-441	1233	27	subchapter	subchapter	NOUN
ftr-441	1233	28	k.	k.	NOUN
ftr-441	1234	1	although	although	SCONJ
ftr-441	1234	2	a	a	DET
ftr-441	1234	3	larger	large	ADJ
ftr-441	1234	4	firm	firm	NOUN
ftr-441	1234	5	willing	willing	ADJ
ftr-441	1234	6	to	to	PART
ftr-441	1234	7	engage	engage	VERB
ftr-441	1234	8	in	in	ADP
ftr-441	1234	9	a	a	DET
ftr-441	1234	10	less	less	ADJ
ftr-441	1234	11	169	169	NUM
ftr-441	1234	12	.	.	PUNCT
ftr-441	1235	1	see	see	VERB
ftr-441	1235	2	berger	berger	PROPN
ftr-441	1235	3	,	,	PUNCT
ftr-441	1235	4	supra	supra	PROPN
ftr-441	1235	5	note	note	PROPN
ftr-441	1235	6	63	63	NUM
ftr-441	1235	7	,	,	PUNCT
ftr-441	1235	8	at	at	ADP
ftr-441	1235	9	162	162	NUM
ftr-441	1235	10	-	-	SYM
ftr-441	1235	11	63	63	NUM
ftr-441	1235	12	.	.	PUNCT
ftr-441	1235	13	170	170	NUM
ftr-441	1235	14	.	.	PUNCT
ftr-441	1236	1	the	the	DET
ftr-441	1236	2	proper	proper	ADJ
ftr-441	1236	3	treatment	treatment	NOUN
ftr-441	1236	4	of	of	ADP
ftr-441	1236	5	debt	debt	NOUN
ftr-441	1236	6	is	be	AUX
ftr-441	1236	7	also	also	ADV
ftr-441	1236	8	problematic	problematic	ADJ
ftr-441	1236	9	under	under	ADP
ftr-441	1236	10	an	an	DET
ftr-441	1236	11	asset	asset	NOUN
ftr-441	1236	12	-	-	PUNCT
ftr-441	1236	13	based	base	VERB
ftr-441	1236	14	test	test	NOUN
ftr-441	1236	15	.	.	PUNCT
ftr-441	1237	1	see	see	VERB
ftr-441	1237	2	berger	berger	PROPN
ftr-441	1237	3	,	,	PUNCT
ftr-441	1237	4	supra	supra	PROPN
ftr-441	1237	5	note	note	PROPN
ftr-441	1237	6	63	63	NUM
ftr-441	1237	7	,	,	PUNCT
ftr-441	1237	8	at	at	ADP
ftr-441	1237	9	163	163	NUM
ftr-441	1237	10	.	.	PUNCT
ftr-441	1238	1	one	one	NUM
ftr-441	1238	2	possible	possible	ADJ
ftr-441	1238	3	way	way	NOUN
ftr-441	1238	4	of	of	ADP
ftr-441	1238	5	reducing	reduce	VERB
ftr-441	1238	6	the	the	DET
ftr-441	1238	7	valuation	valuation	NOUN
ftr-441	1238	8	burden	burden	NOUN
ftr-441	1238	9	is	be	AUX
ftr-441	1238	10	to	to	PART
ftr-441	1238	11	value	value	VERB
ftr-441	1238	12	a	a	DET
ftr-441	1238	13	firnm	firnm	NOUN
ftr-441	1238	14	as	as	ADP
ftr-441	1238	15	of	of	ADP
ftr-441	1238	16	the	the	DET
ftr-441	1238	17	last	last	ADJ
ftr-441	1238	18	noncash	noncash	NOUN
ftr-441	1238	19	contribution	contribution	NOUN
ftr-441	1238	20	to	to	ADP
ftr-441	1238	21	or	or	CCONJ
ftr-441	1238	22	distribution	distribution	NOUN
ftr-441	1238	23	from	from	ADP
ftr-441	1238	24	the	the	DET
ftr-441	1238	25	entity	entity	NOUN
ftr-441	1238	26	,	,	PUNCT
ftr-441	1238	27	when	when	SCONJ
ftr-441	1238	28	some	some	DET
ftr-441	1238	29	value	value	NOUN
ftr-441	1238	30	for	for	ADP
ftr-441	1238	31	the	the	DET
ftr-441	1238	32	firm	firm	NOUN
ftr-441	1238	33	was	be	AUX
ftr-441	1238	34	presumably	presumably	ADV
ftr-441	1238	35	agreed	agree	VERB
ftr-441	1238	36	to	to	ADP
ftr-441	1238	37	by	by	ADP
ftr-441	1238	38	the	the	DET
ftr-441	1238	39	parties	party	NOUN
ftr-441	1238	40	,	,	PUNCT
ftr-441	1238	41	adjusted	adjust	VERB
ftr-441	1238	42	by	by	ADP
ftr-441	1238	43	the	the	DET
ftr-441	1238	44	book	book	NOUN
ftr-441	1238	45	value	value	NOUN
ftr-441	1238	46	of	of	ADP
ftr-441	1238	47	any	any	DET
ftr-441	1238	48	net	net	ADJ
ftr-441	1238	49	accumulations	accumulation	NOUN
ftr-441	1238	50	since	since	SCONJ
ftr-441	1238	51	that	that	DET
ftr-441	1238	52	time	time	NOUN
ftr-441	1238	53	.	.	PUNCT
ftr-441	1239	1	but	but	CCONJ
ftr-441	1239	2	such	such	DET
ftr-441	1239	3	a	a	DET
ftr-441	1239	4	rule	rule	NOUN
ftr-441	1239	5	seems	seem	VERB
ftr-441	1239	6	to	to	PART
ftr-441	1239	7	ignore	ignore	VERB
ftr-441	1239	8	substantial	substantial	ADJ
ftr-441	1239	9	value	value	NOUN
ftr-441	1239	10	,	,	PUNCT
ftr-441	1239	11	such	such	ADJ
ftr-441	1239	12	as	as	ADP
ftr-441	1239	13	the	the	DET
ftr-441	1239	14	value	value	NOUN
ftr-441	1239	15	of	of	ADP
ftr-441	1239	16	any	any	DET
ftr-441	1239	17	asset	asset	NOUN
ftr-441	1239	18	appreciation	appreciation	NOUN
ftr-441	1239	19	of	of	ADP
ftr-441	1239	20	the	the	DET
ftr-441	1239	21	firm	firm	NOUN
ftr-441	1239	22	since	since	SCONJ
ftr-441	1239	23	the	the	DET
ftr-441	1239	24	time	time	NOUN
ftr-441	1239	25	of	of	ADP
ftr-441	1239	26	the	the	DET
ftr-441	1239	27	last	last	ADJ
ftr-441	1239	28	noncash	noncash	NOUN
ftr-441	1239	29	contribution	contribution	NOUN
ftr-441	1239	30	or	or	CCONJ
ftr-441	1239	31	distribution	distribution	NOUN
ftr-441	1239	32	.	.	PUNCT
ftr-441	1240	1	in	in	ADP
ftr-441	1240	2	addition	addition	NOUN
ftr-441	1240	3	,	,	PUNCT
ftr-441	1240	4	the	the	DET
ftr-441	1240	5	rule	rule	NOUN
ftr-441	1240	6	appears	appear	VERB
ftr-441	1240	7	to	to	PART
ftr-441	1240	8	permit	permit	VERB
ftr-441	1240	9	the	the	DET
ftr-441	1240	10	firn	firn	NOUN
ftr-441	1240	11	to	to	PART
ftr-441	1240	12	transact	transact	VERB
ftr-441	1240	13	a	a	DET
ftr-441	1240	14	very	very	ADV
ftr-441	1240	15	large	large	ADJ
ftr-441	1240	16	economic	economic	ADJ
ftr-441	1240	17	deal	deal	NOUN
ftr-441	1240	18	and	and	CCONJ
ftr-441	1240	19	still	still	ADV
ftr-441	1240	20	qualify	qualify	VERB
ftr-441	1240	21	under	under	ADP
ftr-441	1240	22	the	the	DET
ftr-441	1240	23	applicable	applicable	ADJ
ftr-441	1240	24	dollar	dollar	NOUN
ftr-441	1240	25	test	test	NOUN
ftr-441	1240	26	so	so	ADV
ftr-441	1240	27	long	long	ADV
ftr-441	1240	28	as	as	SCONJ
ftr-441	1240	29	there	there	PRON
ftr-441	1240	30	is	be	VERB
ftr-441	1240	31	a	a	DET
ftr-441	1240	32	contemporaneous	contemporaneous	ADJ
ftr-441	1240	33	distribution	distribution	NOUN
ftr-441	1240	34	of	of	ADP
ftr-441	1240	35	the	the	DET
ftr-441	1240	36	proceeds	proceed	NOUN
ftr-441	1240	37	of	of	ADP
ftr-441	1240	38	the	the	DET
ftr-441	1240	39	deal	deal	NOUN
ftr-441	1240	40	to	to	ADP
ftr-441	1240	41	the	the	DET
ftr-441	1240	42	owners	owner	NOUN
ftr-441	1240	43	of	of	ADP
ftr-441	1240	44	the	the	DET
ftr-441	1240	45	firm	firm	NOUN
ftr-441	1240	46	.	.	PUNCT
ftr-441	1241	1	that	that	DET
ftr-441	1241	2	outcome	outcome	NOUN
ftr-441	1241	3	does	do	AUX
ftr-441	1241	4	not	not	PART
ftr-441	1241	5	seem	seem	VERB
ftr-441	1241	6	consistent	consistent	ADJ
ftr-441	1241	7	with	with	ADP
ftr-441	1241	8	a	a	DET
ftr-441	1241	9	small	small	ADJ
ftr-441	1241	10	business	business	NOUN
ftr-441	1241	11	limitation	limitation	NOUN
ftr-441	1241	12	to	to	ADP
ftr-441	1241	13	the	the	DET
ftr-441	1241	14	spbf	spbf	ADJ
ftr-441	1241	15	rules	rule	NOUN
ftr-441	1241	16	.	.	PUNCT
ftr-441	1242	1	171	171	X
ftr-441	1242	2	.	.	PUNCT
ftr-441	1243	1	see	see	VERB
ftr-441	1243	2	timothy	timothy	PROPN
ftr-441	1243	3	d.	d.	PROPN
ftr-441	1243	4	wheeler	wheeler	PROPN
ftr-441	1243	5	,	,	PUNCT
ftr-441	1243	6	partnership	partnership	NOUN
ftr-441	1243	7	returns	return	NOUN
ftr-441	1243	8	,	,	PUNCT
ftr-441	1243	9	1994	1994	NUM
ftr-441	1243	10	,	,	PUNCT
ftr-441	1243	11	16	16	NUM
ftr-441	1243	12	soi	soi	ADJ
ftr-441	1243	13	bulletin	bulletin	NOUN
ftr-441	1243	14	76	76	NUM
ftr-441	1243	15	,	,	PUNCT
ftr-441	1243	16	78	78	NUM
ftr-441	1243	17	(	(	PUNCT
ftr-441	1243	18	fall	fall	NOUN
ftr-441	1243	19	1996	1996	NUM
ftr-441	1243	20	)	)	PUNCT
ftr-441	1243	21	(	(	PUNCT
ftr-441	1243	22	figure	figure	NOUN
ftr-441	1243	23	d	d	NOUN
ftr-441	1243	24	)	)	PUNCT
ftr-441	1243	25	(	(	PUNCT
ftr-441	1243	26	setting	set	VERB
ftr-441	1243	27	forth	forth	ADP
ftr-441	1243	28	net	net	ADJ
ftr-441	1243	29	income	income	NOUN
ftr-441	1243	30	,	,	PUNCT
ftr-441	1243	31	total	total	ADJ
ftr-441	1243	32	receipts	receipt	NOUN
ftr-441	1243	33	,	,	PUNCT
ftr-441	1243	34	and	and	CCONJ
ftr-441	1243	35	total	total	ADJ
ftr-441	1243	36	assets	asset	NOUN
ftr-441	1243	37	of	of	ADP
ftr-441	1243	38	partnerships	partnership	NOUN
ftr-441	1243	39	by	by	ADP
ftr-441	1243	40	industry	industry	NOUN
ftr-441	1243	41	)	)	PUNCT
ftr-441	1243	42	.	.	PUNCT
ftr-441	1244	1	172	172	X
ftr-441	1244	2	.	.	PUNCT
ftr-441	1245	1	see	see	VERB
ftr-441	1245	2	,	,	PUNCT
ftr-441	1245	3	e.g.	e.g.	ADV
ftr-441	1245	4	,	,	PUNCT
ftr-441	1245	5	irc	irc	PROPN
ftr-441	1245	6	§	§	PROPN
ftr-441	1245	7	§	§	PROPN
ftr-441	1245	8	44(d)(2	44(d)(2	NUM
ftr-441	1245	9	)	)	PUNCT
ftr-441	1245	10	and	and	CCONJ
ftr-441	1245	11	(	(	PUNCT
ftr-441	1245	12	3	3	NUM
ftr-441	1245	13	)	)	PUNCT
ftr-441	1245	14	,	,	PUNCT
ftr-441	1245	15	220(c)(4)(d	220(c)(4)(d	NUM
ftr-441	1245	16	)	)	PUNCT
ftr-441	1245	17	,	,	PUNCT
ftr-441	1245	18	474(d)(1	474(d)(1	NOUN
ftr-441	1245	19	)	)	PUNCT
ftr-441	1245	20	,	,	PUNCT
ftr-441	1245	21	1202(d)(3	1202(d)(3	NUM
ftr-441	1245	22	)	)	PUNCT
ftr-441	1245	23	;	;	PUNCT
ftr-441	1246	1	cf	cf	X
ftr-441	1246	2	.	.	PUNCT
ftr-441	1246	3	irc	irc	PROPN
ftr-441	1246	4	§	§	PROPN
ftr-441	1246	5	1561	1561	NUM
ftr-441	1246	6	.	.	PUNCT
ftr-441	1247	1	[	[	X
ftr-441	1247	2	vol	vol	NOUN
ftr-441	1247	3	4.3	4.3	NUM
ftr-441	1247	4	the	the	DET
ftr-441	1247	5	future	future	ADJ
ftr-441	1247	6	taxation	taxation	NOUN
ftr-441	1247	7	of	of	ADP
ftr-441	1247	8	private	private	ADJ
ftr-441	1247	9	business	business	NOUN
ftr-441	1247	10	firms	firm	NOUN
ftr-441	1247	11	flexible	flexible	ADJ
ftr-441	1247	12	business	business	NOUN
ftr-441	1247	13	arrangement	arrangement	NOUN
ftr-441	1247	14	can	can	AUX
ftr-441	1247	15	always	always	ADV
ftr-441	1247	16	obtain	obtain	VERB
ftr-441	1247	17	a	a	DET
ftr-441	1247	18	fairly	fairly	ADV
ftr-441	1247	19	simple	simple	ADJ
ftr-441	1247	20	tax	tax	NOUN
ftr-441	1247	21	regime	regime	NOUN
ftr-441	1247	22	within	within	ADP
ftr-441	1247	23	the	the	DET
ftr-441	1247	24	confines	confine	NOUN
ftr-441	1247	25	of	of	ADP
ftr-441	1247	26	regular	regular	ADJ
ftr-441	1247	27	subchapter	subchapter	NOUN
ftr-441	1247	28	k	k	NOUN
ftr-441	1247	29	,	,	PUNCT
ftr-441	1247	30	it	it	PRON
ftr-441	1247	31	is	be	AUX
ftr-441	1247	32	much	much	ADV
ftr-441	1247	33	easier	easy	ADJ
ftr-441	1247	34	for	for	SCONJ
ftr-441	1247	35	taxpayers	taxpayer	NOUN
ftr-441	1247	36	to	to	PART
ftr-441	1247	37	proceed	proceed	VERB
ftr-441	1247	38	under	under	ADP
ftr-441	1247	39	a	a	DET
ftr-441	1247	40	prepackaged	prepackaged	ADJ
ftr-441	1247	41	set	set	NOUN
ftr-441	1247	42	of	of	ADP
ftr-441	1247	43	simple	simple	ADJ
ftr-441	1247	44	tax	tax	NOUN
ftr-441	1247	45	operating	operating	NOUN
ftr-441	1247	46	rules	rule	NOUN
ftr-441	1247	47	than	than	SCONJ
ftr-441	1247	48	to	to	PART
ftr-441	1247	49	tailor	tailor	VERB
ftr-441	1247	50	their	their	PRON
ftr-441	1247	51	own	own	ADJ
ftr-441	1247	52	set	set	NOUN
ftr-441	1247	53	to	to	PART
ftr-441	1247	54	accommodate	accommodate	VERB
ftr-441	1247	55	their	their	PRON
ftr-441	1247	56	individual	individual	ADJ
ftr-441	1247	57	business	business	NOUN
ftr-441	1247	58	needs	need	NOUN
ftr-441	1247	59	.	.	PUNCT
ftr-441	1248	1	if	if	SCONJ
ftr-441	1248	2	the	the	DET
ftr-441	1248	3	theory	theory	NOUN
ftr-441	1248	4	of	of	ADP
ftr-441	1248	5	the	the	DET
ftr-441	1248	6	other	other	ADJ
ftr-441	1248	7	eligibility	eligibility	NOUN
ftr-441	1248	8	conditions	condition	NOUN
ftr-441	1248	9	of	of	ADP
ftr-441	1248	10	an	an	DET
ftr-441	1248	11	spbf	spbf	NOUN
ftr-441	1248	12	is	be	AUX
ftr-441	1248	13	sound	sound	ADJ
ftr-441	1248	14	,	,	PUNCT
ftr-441	1248	15	then	then	ADV
ftr-441	1248	16	the	the	DET
ftr-441	1248	17	size	size	NOUN
ftr-441	1248	18	of	of	ADP
ftr-441	1248	19	the	the	DET
ftr-441	1248	20	enterprise	enterprise	NOUN
ftr-441	1248	21	should	should	AUX
ftr-441	1248	22	not	not	PART
ftr-441	1248	23	matter	matter	VERB
ftr-441	1248	24	.	.	PUNCT
ftr-441	1249	1	in	in	ADP
ftr-441	1249	2	that	that	DET
ftr-441	1249	3	regard	regard	NOUN
ftr-441	1249	4	,	,	PUNCT
ftr-441	1249	5	the	the	DET
ftr-441	1249	6	subchapter	subchapter	NOUN
ftr-441	1249	7	s	s	PART
ftr-441	1249	8	rules	rule	NOUN
ftr-441	1249	9	have	have	AUX
ftr-441	1249	10	never	never	ADV
ftr-441	1249	11	included	include	VERB
ftr-441	1249	12	a	a	DET
ftr-441	1249	13	size	size	NOUN
ftr-441	1249	14	-	-	PUNCT
ftr-441	1249	15	of	of	ADP
ftr-441	1249	16	-	-	PUNCT
ftr-441	1249	17	enterprise	enterprise	NOUN
ftr-441	1249	18	limitation	limitation	NOUN
ftr-441	1249	19	.	.	PUNCT
ftr-441	1250	1	some	some	DET
ftr-441	1250	2	thought	thought	NOUN
ftr-441	1250	3	was	be	AUX
ftr-441	1250	4	also	also	ADV
ftr-441	1250	5	given	give	VERB
ftr-441	1250	6	to	to	ADP
ftr-441	1250	7	using	use	VERB
ftr-441	1250	8	a	a	DET
ftr-441	1250	9	dollar	dollar	NOUN
ftr-441	1250	10	size	size	NOUN
ftr-441	1250	11	test	test	NOUN
ftr-441	1250	12	as	as	ADP
ftr-441	1250	13	the	the	DET
ftr-441	1250	14	exclusive	exclusive	ADJ
ftr-441	1250	15	eligibility	eligibility	NOUN
ftr-441	1250	16	condition	condition	NOUN
ftr-441	1250	17	for	for	ADP
ftr-441	1250	18	firms	firm	NOUN
ftr-441	1250	19	entitled	entitle	VERB
ftr-441	1250	20	to	to	ADP
ftr-441	1250	21	a	a	DET
ftr-441	1250	22	simpler	simple	ADJ
ftr-441	1250	23	set	set	NOUN
ftr-441	1250	24	of	of	ADP
ftr-441	1250	25	tax	tax	NOUN
ftr-441	1250	26	operating	operating	NOUN
ftr-441	1250	27	rules	rule	NOUN
ftr-441	1250	28	.	.	PUNCT
ftr-441	1251	1	the	the	DET
ftr-441	1251	2	theory	theory	NOUN
ftr-441	1251	3	is	be	AUX
ftr-441	1251	4	that	that	SCONJ
ftr-441	1251	5	firms	firm	NOUN
ftr-441	1251	6	under	under	ADP
ftr-441	1251	7	a	a	DET
ftr-441	1251	8	certain	certain	ADJ
ftr-441	1251	9	economic	economic	ADJ
ftr-441	1251	10	size	size	NOUN
ftr-441	1251	11	do	do	AUX
ftr-441	1251	12	not	not	PART
ftr-441	1251	13	likely	likely	ADV
ftr-441	1251	14	comply	comply	VERB
ftr-441	1251	15	with	with	ADP
ftr-441	1251	16	a	a	DET
ftr-441	1251	17	more	more	ADV
ftr-441	1251	18	rigorous	rigorous	ADJ
ftr-441	1251	19	set	set	NOUN
ftr-441	1251	20	of	of	ADP
ftr-441	1251	21	rules	rule	NOUN
ftr-441	1251	22	anyway	anyway	ADV
ftr-441	1251	23	;	;	PUNCT
ftr-441	1251	24	the	the	DET
ftr-441	1251	25	irs	irs	PROPN
ftr-441	1251	26	is	be	AUX
ftr-441	1251	27	not	not	PART
ftr-441	1251	28	likely	likely	ADJ
ftr-441	1251	29	to	to	PART
ftr-441	1251	30	discover	discover	VERB
ftr-441	1251	31	whether	whether	SCONJ
ftr-441	1251	32	they	they	PRON
ftr-441	1251	33	do	do	VERB
ftr-441	1251	34	or	or	CCONJ
ftr-441	1251	35	do	do	AUX
ftr-441	1251	36	not	not	PART
ftr-441	1251	37	comply	comply	VERB
ftr-441	1251	38	;	;	PUNCT
ftr-441	1251	39	and	and	CCONJ
ftr-441	1251	40	their	their	PRON
ftr-441	1251	41	small	small	ADJ
ftr-441	1251	42	size	size	NOUN
ftr-441	1251	43	makes	make	VERB
ftr-441	1251	44	any	any	DET
ftr-441	1251	45	resulting	result	VERB
ftr-441	1251	46	tax	tax	NOUN
ftr-441	1251	47	advantage	advantage	NOUN
ftr-441	1251	48	to	to	ADP
ftr-441	1251	49	the	the	DET
ftr-441	1251	50	owners	owner	NOUN
ftr-441	1251	51	a	a	DET
ftr-441	1251	52	relatively	relatively	ADV
ftr-441	1251	53	modest	modest	ADJ
ftr-441	1251	54	concern	concern	NOUN
ftr-441	1251	55	to	to	ADP
ftr-441	1251	56	the	the	DET
ftr-441	1251	57	treasury	treasury	NOUN
ftr-441	1251	58	.	.	PUNCT
ftr-441	1252	1	hence	hence	ADV
ftr-441	1252	2	,	,	PUNCT
ftr-441	1252	3	a	a	DET
ftr-441	1252	4	highly	highly	ADV
ftr-441	1252	5	simplified	simplified	ADJ
ftr-441	1252	6	operating	operating	NOUN
ftr-441	1252	7	rule	rule	NOUN
ftr-441	1252	8	structure	structure	NOUN
ftr-441	1252	9	could	could	AUX
ftr-441	1252	10	be	be	AUX
ftr-441	1252	11	provided	provide	VERB
ftr-441	1252	12	to	to	ADP
ftr-441	1252	13	such	such	ADJ
ftr-441	1252	14	firms	firm	NOUN
ftr-441	1252	15	without	without	ADP
ftr-441	1252	16	much	much	ADJ
ftr-441	1252	17	effect	effect	NOUN
ftr-441	1252	18	on	on	ADP
ftr-441	1252	19	the	the	DET
ftr-441	1252	20	fisc	fisc	NOUN
ftr-441	1252	21	.	.	PUNCT
ftr-441	1253	1	such	such	DET
ftr-441	1253	2	an	an	DET
ftr-441	1253	3	approach	approach	NOUN
ftr-441	1253	4	would	would	AUX
ftr-441	1253	5	,	,	PUNCT
ftr-441	1253	6	of	of	ADP
ftr-441	1253	7	course	course	NOUN
ftr-441	1253	8	,	,	PUNCT
ftr-441	1253	9	place	place	VERB
ftr-441	1253	10	considerable	considerable	ADJ
ftr-441	1253	11	pressure	pressure	NOUN
ftr-441	1253	12	on	on	ADP
ftr-441	1253	13	the	the	DET
ftr-441	1253	14	definition	definition	NOUN
ftr-441	1253	15	of	of	ADP
ftr-441	1253	16	"	"	PUNCT
ftr-441	1253	17	small	small	ADJ
ftr-441	1253	18	business	business	NOUN
ftr-441	1253	19	"	"	PUNCT
ftr-441	1253	20	in	in	ADP
ftr-441	1253	21	order	order	NOUN
ftr-441	1253	22	to	to	PART
ftr-441	1253	23	prevent	prevent	VERB
ftr-441	1253	24	large	large	ADJ
ftr-441	1253	25	firms	firm	NOUN
ftr-441	1253	26	or	or	CCONJ
ftr-441	1253	27	economic	economic	ADJ
ftr-441	1253	28	deals	deal	NOUN
ftr-441	1253	29	from	from	ADP
ftr-441	1253	30	obtaining	obtain	VERB
ftr-441	1253	31	the	the	DET
ftr-441	1253	32	greater	great	ADJ
ftr-441	1253	33	tax	tax	NOUN
ftr-441	1253	34	advantages	advantage	NOUN
ftr-441	1253	35	presumably	presumably	ADV
ftr-441	1253	36	available	available	ADJ
ftr-441	1253	37	under	under	ADP
ftr-441	1253	38	the	the	DET
ftr-441	1253	39	simple	simple	ADJ
ftr-441	1253	40	version	version	NOUN
ftr-441	1253	41	of	of	ADP
ftr-441	1253	42	subchapter	subchapter	NOUN
ftr-441	1253	43	k.	k.	PROPN
ftr-441	1254	1	moreover	moreover	ADV
ftr-441	1254	2	,	,	PUNCT
ftr-441	1254	3	even	even	ADV
ftr-441	1254	4	a	a	DET
ftr-441	1254	5	foolproof	foolproof	ADJ
ftr-441	1254	6	definition	definition	NOUN
ftr-441	1254	7	would	would	AUX
ftr-441	1254	8	apparently	apparently	ADV
ftr-441	1254	9	not	not	PART
ftr-441	1254	10	preclude	preclude	VERB
ftr-441	1254	11	wealthy	wealthy	ADJ
ftr-441	1254	12	and	and	CCONJ
ftr-441	1254	13	sophisticated	sophisticated	ADJ
ftr-441	1254	14	taxpayers	taxpayer	NOUN
ftr-441	1254	15	from	from	ADP
ftr-441	1254	16	engaging	engage	VERB
ftr-441	1254	17	in	in	ADP
ftr-441	1254	18	small	small	ADJ
ftr-441	1254	19	economic	economic	ADJ
ftr-441	1254	20	deals	deal	NOUN
ftr-441	1254	21	through	through	ADP
ftr-441	1254	22	such	such	ADJ
ftr-441	1254	23	small	small	ADJ
ftr-441	1254	24	business	business	NOUN
ftr-441	1254	25	firms	firm	NOUN
ftr-441	1254	26	,	,	PUNCT
ftr-441	1254	27	thereby	thereby	ADV
ftr-441	1254	28	obtaining	obtain	VERB
ftr-441	1254	29	certain	certain	ADJ
ftr-441	1254	30	tax	tax	NOUN
ftr-441	1254	31	advantages	advantage	NOUN
ftr-441	1254	32	not	not	PART
ftr-441	1254	33	otherwise	otherwise	ADV
ftr-441	1254	34	available	available	ADJ
ftr-441	1254	35	.	.	PUNCT
ftr-441	1255	1	thus	thus	ADV
ftr-441	1255	2	,	,	PUNCT
ftr-441	1255	3	a	a	DET
ftr-441	1255	4	market	market	NOUN
ftr-441	1255	5	of	of	ADP
ftr-441	1255	6	spbf	spbf	ADJ
ftr-441	1255	7	tax	tax	NOUN
ftr-441	1255	8	shelters	shelter	NOUN
ftr-441	1255	9	might	might	AUX
ftr-441	1255	10	develop	develop	VERB
ftr-441	1255	11	for	for	ADP
ftr-441	1255	12	the	the	DET
ftr-441	1255	13	middle	middle	ADJ
ftr-441	1255	14	and	and	CCONJ
ftr-441	1255	15	upper	upper	ADJ
ftr-441	1255	16	income	income	NOUN
ftr-441	1255	17	taxpayer	taxpayer	NOUN
ftr-441	1255	18	.	.	PUNCT
ftr-441	1256	1	this	this	DET
ftr-441	1256	2	concern	concern	NOUN
ftr-441	1256	3	might	might	AUX
ftr-441	1256	4	be	be	AUX
ftr-441	1256	5	alleviated	alleviate	VERB
ftr-441	1256	6	if	if	SCONJ
ftr-441	1256	7	the	the	DET
ftr-441	1256	8	dollar	dollar	NOUN
ftr-441	1256	9	size	size	NOUN
ftr-441	1256	10	limitation	limitation	NOUN
ftr-441	1256	11	is	be	AUX
ftr-441	1256	12	low	low	ADJ
ftr-441	1256	13	enough	enough	ADV
ftr-441	1256	14	to	to	PART
ftr-441	1256	15	make	make	VERB
ftr-441	1256	16	purely	purely	ADV
ftr-441	1256	17	tax	tax	NOUN
ftr-441	1256	18	-	-	PUNCT
ftr-441	1256	19	motivated	motivate	VERB
ftr-441	1256	20	transactions	transaction	NOUN
ftr-441	1256	21	uneconomic	uneconomic	ADJ
ftr-441	1256	22	,	,	PUNCT
ftr-441	1256	23	but	but	CCONJ
ftr-441	1256	24	of	of	ADP
ftr-441	1256	25	course	course	NOUN
ftr-441	1256	26	,	,	PUNCT
ftr-441	1256	27	an	an	DET
ftr-441	1256	28	excessively	excessively	ADV
ftr-441	1256	29	low	low	ADJ
ftr-441	1256	30	threshold	threshold	NOUN
ftr-441	1256	31	would	would	AUX
ftr-441	1256	32	then	then	ADV
ftr-441	1256	33	exclude	exclude	VERB
ftr-441	1256	34	a	a	DET
ftr-441	1256	35	number	number	NOUN
ftr-441	1256	36	of	of	ADP
ftr-441	1256	37	deserving	deserve	VERB
ftr-441	1256	38	firms	firm	NOUN
ftr-441	1256	39	.	.	PUNCT
ftr-441	1257	1	finally	finally	ADV
ftr-441	1257	2	,	,	PUNCT
ftr-441	1257	3	a	a	DET
ftr-441	1257	4	nagging	nagging	ADJ
ftr-441	1257	5	concern	concern	NOUN
ftr-441	1257	6	about	about	ADP
ftr-441	1257	7	such	such	DET
ftr-441	1257	8	an	an	DET
ftr-441	1257	9	approach	approach	NOUN
ftr-441	1257	10	is	be	AUX
ftr-441	1257	11	whether	whether	SCONJ
ftr-441	1257	12	it	it	PRON
ftr-441	1257	13	would	would	AUX
ftr-441	1257	14	ultimately	ultimately	ADV
ftr-441	1257	15	result	result	VERB
ftr-441	1257	16	in	in	ADP
ftr-441	1257	17	any	any	DET
ftr-441	1257	18	practical	practical	ADJ
ftr-441	1257	19	benefit	benefit	NOUN
ftr-441	1257	20	to	to	ADP
ftr-441	1257	21	anyone	anyone	PRON
ftr-441	1257	22	,	,	PUNCT
ftr-441	1257	23	including	include	VERB
ftr-441	1257	24	particularly	particularly	ADV
ftr-441	1257	25	the	the	DET
ftr-441	1257	26	small	small	ADJ
ftr-441	1257	27	economic	economic	ADJ
ftr-441	1257	28	firms	firm	NOUN
ftr-441	1257	29	to	to	PART
ftr-441	1257	30	which	which	PRON
ftr-441	1257	31	the	the	DET
ftr-441	1257	32	rules	rule	NOUN
ftr-441	1257	33	would	would	AUX
ftr-441	1257	34	be	be	AUX
ftr-441	1257	35	targeted	target	VERB
ftr-441	1257	36	.	.	PUNCT
ftr-441	1258	1	given	give	VERB
ftr-441	1258	2	the	the	DET
ftr-441	1258	3	complexity	complexity	NOUN
ftr-441	1258	4	of	of	ADP
ftr-441	1258	5	subchapter	subchapter	NOUN
ftr-441	1258	6	k	k	PROPN
ftr-441	1258	7	,	,	PUNCT
ftr-441	1258	8	the	the	DET
ftr-441	1258	9	lack	lack	NOUN
ftr-441	1258	10	of	of	ADP
ftr-441	1258	11	significant	significant	ADJ
ftr-441	1258	12	irs	irs	PROPN
ftr-441	1258	13	auditing	auditing	NOUN
ftr-441	1258	14	of	of	ADP
ftr-441	1258	15	firms	firm	NOUN
ftr-441	1258	16	subject	subject	ADJ
ftr-441	1258	17	to	to	ADP
ftr-441	1258	18	those	those	DET
ftr-441	1258	19	rules	rule	NOUN
ftr-441	1258	20	,	,	PUNCT
ftr-441	1258	21	and	and	CCONJ
ftr-441	1258	22	the	the	DET
ftr-441	1258	23	general	general	ADJ
ftr-441	1258	24	feeling	feeling	NOUN
ftr-441	1258	25	that	that	SCONJ
ftr-441	1258	26	large	large	ADJ
ftr-441	1258	27	parts	part	NOUN
ftr-441	1258	28	of	of	ADP
ftr-441	1258	29	subchapter	subchapter	NOUN
ftr-441	1258	30	k	k	PROPN
ftr-441	1258	31	are	be	AUX
ftr-441	1258	32	misapplied	misapply	VERB
ftr-441	1258	33	even	even	ADV
ftr-441	1258	34	by	by	ADP
ftr-441	1258	35	very	very	ADV
ftr-441	1258	36	knowledgeable	knowledgeable	ADJ
ftr-441	1258	37	practitioners	practitioner	NOUN
ftr-441	1258	38	,	,	PUNCT
ftr-441	1258	39	it	it	PRON
ftr-441	1258	40	may	may	AUX
ftr-441	1258	41	well	well	ADV
ftr-441	1258	42	be	be	AUX
ftr-441	1258	43	that	that	ADV
ftr-441	1258	44	many	many	ADJ
ftr-441	1258	45	small	small	ADJ
ftr-441	1258	46	firms	firm	NOUN
ftr-441	1258	47	(	(	PUNCT
ftr-441	1258	48	as	as	ADV
ftr-441	1258	49	well	well	ADV
ftr-441	1258	50	as	as	ADP
ftr-441	1258	51	some	some	PRON
ftr-441	1258	52	not	not	PART
ftr-441	1258	53	so	so	ADV
ftr-441	1258	54	small	small	ADJ
ftr-441	1258	55	ones	one	NOUN
ftr-441	1258	56	)	)	PUNCT
ftr-441	1258	57	already	already	ADV
ftr-441	1258	58	utilize	utilize	VERB
ftr-441	1258	59	a	a	DET
ftr-441	1258	60	watered	water	VERB
ftr-441	1258	61	-	-	PUNCT
ftr-441	1258	62	down	down	NOUN
ftr-441	1258	63	,	,	PUNCT
ftr-441	1258	64	intuitive	intuitive	ADJ
ftr-441	1258	65	version	version	NOUN
ftr-441	1258	66	of	of	ADP
ftr-441	1258	67	subchapter	subchapter	NOUN
ftr-441	1258	68	k.	k.	PROPN
ftr-441	1259	1	this	this	DET
ftr-441	1259	2	"	"	PUNCT
ftr-441	1259	3	intuitive	intuitive	ADJ
ftr-441	1259	4	k	k	NOUN
ftr-441	1259	5	,	,	PUNCT
ftr-441	1259	6	"	"	PUNCT
ftr-441	1259	7	which	which	PRON
ftr-441	1259	8	is	be	AUX
ftr-441	1259	9	surely	surely	ADV
ftr-441	1259	10	different	different	ADJ
ftr-441	1259	11	things	thing	NOUN
ftr-441	1259	12	to	to	ADP
ftr-441	1259	13	different	different	ADJ
ftr-441	1259	14	people	people	NOUN
ftr-441	1259	15	,	,	PUNCT
ftr-441	1259	16	may	may	AUX
ftr-441	1259	17	well	well	ADV
ftr-441	1259	18	continue	continue	VERB
ftr-441	1259	19	to	to	PART
ftr-441	1259	20	govern	govern	VERB
ftr-441	1259	21	the	the	DET
ftr-441	1259	22	world	world	NOUN
ftr-441	1259	23	of	of	ADP
ftr-441	1259	24	small	small	ADJ
ftr-441	1259	25	firms	firm	NOUN
ftr-441	1259	26	(	(	PUNCT
ftr-441	1259	27	and	and	CCONJ
ftr-441	1259	28	some	some	DET
ftr-441	1259	29	large	large	ADJ
ftr-441	1259	30	ones	one	NOUN
ftr-441	1259	31	)	)	PUNCT
ftr-441	1259	32	,	,	PUNCT
ftr-441	1259	33	regardless	regardless	ADV
ftr-441	1259	34	of	of	ADP
ftr-441	1259	35	what	what	PRON
ftr-441	1259	36	this	this	DET
ftr-441	1259	37	article	article	NOUN
ftr-441	1259	38	might	might	AUX
ftr-441	1259	39	propose	propose	VERB
ftr-441	1259	40	and	and	CCONJ
ftr-441	1259	41	what	what	PRON
ftr-441	1259	42	the	the	DET
ftr-441	1259	43	congress	congress	PROPN
ftr-441	1259	44	might	might	AUX
ftr-441	1259	45	someday	someday	ADV
ftr-441	1259	46	enact	enact	VERB
ftr-441	1259	47	.	.	PUNCT
ftr-441	1260	1	if	if	SCONJ
ftr-441	1260	2	so	so	ADV
ftr-441	1260	3	,	,	PUNCT
ftr-441	1260	4	then	then	ADV
ftr-441	1260	5	a	a	DET
ftr-441	1260	6	simplified	simplified	ADJ
ftr-441	1260	7	operating	operating	NOUN
ftr-441	1260	8	rule	rule	NOUN
ftr-441	1260	9	structure	structure	NOUN
ftr-441	1260	10	limited	limit	VERB
ftr-441	1260	11	to	to	ADP
ftr-441	1260	12	small	small	ADJ
ftr-441	1260	13	economic	economic	ADJ
ftr-441	1260	14	firms	firm	NOUN
ftr-441	1260	15	may	may	AUX
ftr-441	1260	16	ultimately	ultimately	ADV
ftr-441	1260	17	be	be	AUX
ftr-441	1260	18	nothing	nothing	PRON
ftr-441	1260	19	more	more	ADJ
ftr-441	1260	20	than	than	ADP
ftr-441	1260	21	an	an	DET
ftr-441	1260	22	attractive	attractive	ADJ
ftr-441	1260	23	nuisance	nuisance	NOUN
ftr-441	1260	24	for	for	ADP
ftr-441	1260	25	which	which	PRON
ftr-441	1260	26	some	some	DET
ftr-441	1260	27	sophisticated	sophisticated	ADJ
ftr-441	1260	28	practitioners	practitioner	NOUN
ftr-441	1260	29	may	may	AUX
ftr-441	1260	30	find	find	VERB
ftr-441	1260	31	improper	improper	ADJ
ftr-441	1260	32	uses	use	NOUN
ftr-441	1260	33	.	.	PUNCT
ftr-441	1261	1	for	for	ADP
ftr-441	1261	2	all	all	PRON
ftr-441	1261	3	of	of	ADP
ftr-441	1261	4	the	the	DET
ftr-441	1261	5	foregoing	forego	VERB
ftr-441	1261	6	reasons	reason	NOUN
ftr-441	1261	7	,	,	PUNCT
ftr-441	1261	8	the	the	DET
ftr-441	1261	9	proposal	proposal	NOUN
ftr-441	1261	10	does	do	AUX
ftr-441	1261	11	not	not	PART
ftr-441	1261	12	contain	contain	VERB
ftr-441	1261	13	any	any	DET
ftr-441	1261	14	test	test	NOUN
ftr-441	1261	15	based	base	VERB
ftr-441	1261	16	on	on	ADP
ftr-441	1261	17	the	the	DET
ftr-441	1261	18	size	size	NOUN
ftr-441	1261	19	of	of	ADP
ftr-441	1261	20	the	the	DET
ftr-441	1261	21	enterprise	enterprise	NOUN
ftr-441	1261	22	.	.	PUNCT
ftr-441	1262	1	19991	19991	NUM
ftr-441	1262	2	florida	florida	PROPN
ftr-441	1262	3	tax	tax	PROPN
ftr-441	1262	4	review	review	NOUN
ftr-441	1262	5	c.	c.	NOUN
ftr-441	1262	6	operating	operating	NOUN
ftr-441	1262	7	rule	rule	NOUN
ftr-441	1262	8	provisions	provision	NOUN
ftr-441	1262	9	of	of	ADP
ftr-441	1262	10	the	the	DET
ftr-441	1262	11	simplified	simplified	ADJ
ftr-441	1262	12	system	system	NOUN
ftr-441	1262	13	this	this	DET
ftr-441	1262	14	section	section	NOUN
ftr-441	1262	15	sketches	sketch	VERB
ftr-441	1262	16	out	out	ADP
ftr-441	1262	17	the	the	DET
ftr-441	1262	18	principal	principal	ADJ
ftr-441	1262	19	operating	operating	NOUN
ftr-441	1262	20	rule	rule	NOUN
ftr-441	1262	21	provisions	provision	NOUN
ftr-441	1262	22	for	for	ADP
ftr-441	1262	23	the	the	DET
ftr-441	1262	24	spbf	spbf	ADJ
ftr-441	1262	25	system	system	NOUN
ftr-441	1262	26	.	.	PUNCT
ftr-441	1263	1	1	1	X
ftr-441	1263	2	.	.	X
ftr-441	1263	3	explicitly	explicitly	ADV
ftr-441	1263	4	elective	elective	VERB
ftr-441	1263	5	system.-the	system.-the	DET
ftr-441	1263	6	spbf	spbf	ADJ
ftr-441	1263	7	operating	operating	NOUN
ftr-441	1263	8	rules	rule	NOUN
ftr-441	1263	9	to	to	PART
ftr-441	1263	10	be	be	AUX
ftr-441	1263	11	described	describe	VERB
ftr-441	1263	12	should	should	AUX
ftr-441	1263	13	be	be	AUX
ftr-441	1263	14	explicitly	explicitly	ADV
ftr-441	1263	15	elective	elective	ADJ
ftr-441	1263	16	to	to	ADP
ftr-441	1263	17	qualifying	qualify	VERB
ftr-441	1263	18	taxpayers	taxpayer	NOUN
ftr-441	1263	19	.	.	PUNCT
ftr-441	1264	1	because	because	SCONJ
ftr-441	1264	2	the	the	DET
ftr-441	1264	3	rules	rule	NOUN
ftr-441	1264	4	are	be	AUX
ftr-441	1264	5	intended	intend	VERB
ftr-441	1264	6	to	to	PART
ftr-441	1264	7	be	be	AUX
ftr-441	1264	8	more	more	ADV
ftr-441	1264	9	administrable	administrable	ADJ
ftr-441	1264	10	than	than	ADP
ftr-441	1264	11	subchapter	subchapter	NOUN
ftr-441	1264	12	k	k	NOUN
ftr-441	1264	13	generally	generally	ADV
ftr-441	1264	14	,	,	PUNCT
ftr-441	1264	15	some	some	DET
ftr-441	1264	16	thought	thought	NOUN
ftr-441	1264	17	was	be	AUX
ftr-441	1264	18	given	give	VERB
ftr-441	1264	19	to	to	ADP
ftr-441	1264	20	making	make	VERB
ftr-441	1264	21	the	the	DET
ftr-441	1264	22	rules	rule	NOUN
ftr-441	1264	23	mandatory	mandatory	ADJ
ftr-441	1264	24	for	for	ADP
ftr-441	1264	25	qualifying	qualify	VERB
ftr-441	1264	26	firms	firm	NOUN
ftr-441	1264	27	.	.	PUNCT
ftr-441	1265	1	in	in	ADP
ftr-441	1265	2	theory	theory	NOUN
ftr-441	1265	3	,	,	PUNCT
ftr-441	1265	4	a	a	DET
ftr-441	1265	5	mandatory	mandatory	ADJ
ftr-441	1265	6	rule	rule	NOUN
ftr-441	1265	7	would	would	AUX
ftr-441	1265	8	eliminate	eliminate	VERB
ftr-441	1265	9	the	the	DET
ftr-441	1265	10	cost	cost	NOUN
ftr-441	1265	11	to	to	ADP
ftr-441	1265	12	taxpayers	taxpayer	NOUN
ftr-441	1265	13	of	of	ADP
ftr-441	1265	14	determining	determine	VERB
ftr-441	1265	15	whether	whether	SCONJ
ftr-441	1265	16	and	and	CCONJ
ftr-441	1265	17	how	how	SCONJ
ftr-441	1265	18	to	to	PART
ftr-441	1265	19	elect	elect	VERB
ftr-441	1265	20	the	the	DET
ftr-441	1265	21	rules	rule	NOUN
ftr-441	1265	22	and	and	CCONJ
ftr-441	1265	23	would	would	AUX
ftr-441	1265	24	promote	promote	VERB
ftr-441	1265	25	greater	great	ADJ
ftr-441	1265	26	use	use	NOUN
ftr-441	1265	27	of	of	ADP
ftr-441	1265	28	the	the	DET
ftr-441	1265	29	simplified	simplified	ADJ
ftr-441	1265	30	spbf	spbf	NOUN
ftr-441	1265	31	system	system	NOUN
ftr-441	1265	32	.	.	PUNCT
ftr-441	1266	1	in	in	ADP
ftr-441	1266	2	reality	reality	NOUN
ftr-441	1266	3	,	,	PUNCT
ftr-441	1266	4	however	however	ADV
ftr-441	1266	5	,	,	PUNCT
ftr-441	1266	6	a	a	DET
ftr-441	1266	7	mandatory	mandatory	ADJ
ftr-441	1266	8	rule	rule	NOUN
ftr-441	1266	9	may	may	AUX
ftr-441	1266	10	not	not	PART
ftr-441	1266	11	achieve	achieve	VERB
ftr-441	1266	12	either	either	CCONJ
ftr-441	1266	13	objective	objective	ADJ
ftr-441	1266	14	.	.	PUNCT
ftr-441	1267	1	even	even	ADV
ftr-441	1267	2	without	without	ADP
ftr-441	1267	3	an	an	DET
ftr-441	1267	4	explicit	explicit	ADJ
ftr-441	1267	5	election	election	NOUN
ftr-441	1267	6	,	,	PUNCT
ftr-441	1267	7	well	well	ADV
ftr-441	1267	8	-	-	PUNCT
ftr-441	1267	9	advised	advise	VERB
ftr-441	1267	10	taxpayers	taxpayer	NOUN
ftr-441	1267	11	may	may	AUX
ftr-441	1267	12	nevertheless	nevertheless	ADV
ftr-441	1267	13	attempt	attempt	VERB
ftr-441	1267	14	to	to	PART
ftr-441	1267	15	determine	determine	VERB
ftr-441	1267	16	whether	whether	SCONJ
ftr-441	1267	17	the	the	DET
ftr-441	1267	18	simplified	simplified	ADJ
ftr-441	1267	19	system	system	NOUN
ftr-441	1267	20	is	be	AUX
ftr-441	1267	21	more	more	ADV
ftr-441	1267	22	favorable	favorable	ADJ
ftr-441	1267	23	to	to	ADP
ftr-441	1267	24	them	they	PRON
ftr-441	1267	25	than	than	ADP
ftr-441	1267	26	the	the	DET
ftr-441	1267	27	default	default	NOUN
ftr-441	1267	28	operating	operating	NOUN
ftr-441	1267	29	rule	rule	NOUN
ftr-441	1267	30	system	system	NOUN
ftr-441	1267	31	.	.	PUNCT
ftr-441	1268	1	to	to	PART
ftr-441	1268	2	avoid	avoid	VERB
ftr-441	1268	3	the	the	DET
ftr-441	1268	4	spbf	spbf	ADJ
ftr-441	1268	5	rules	rule	NOUN
ftr-441	1268	6	,	,	PUNCT
ftr-441	1268	7	a	a	DET
ftr-441	1268	8	taxpayer	taxpayer	NOUN
ftr-441	1268	9	need	need	AUX
ftr-441	1268	10	only	only	ADV
ftr-441	1268	11	fail	fail	VERB
ftr-441	1268	12	one	one	NUM
ftr-441	1268	13	or	or	CCONJ
ftr-441	1268	14	more	more	ADJ
ftr-441	1268	15	of	of	ADP
ftr-441	1268	16	the	the	DET
ftr-441	1268	17	eligibility	eligibility	NOUN
ftr-441	1268	18	conditions	condition	NOUN
ftr-441	1268	19	for	for	ADP
ftr-441	1268	20	an	an	DET
ftr-441	1268	21	spbf	spbf	NOUN
ftr-441	1268	22	.	.	PUNCT
ftr-441	1269	1	in	in	ADP
ftr-441	1269	2	that	that	DET
ftr-441	1269	3	sense	sense	NOUN
ftr-441	1269	4	,	,	PUNCT
ftr-441	1269	5	the	the	DET
ftr-441	1269	6	spbf	spbf	ADJ
ftr-441	1269	7	rules	rule	NOUN
ftr-441	1269	8	are	be	AUX
ftr-441	1269	9	elective	elective	ADJ
ftr-441	1269	10	one	one	NUM
ftr-441	1269	11	way	way	NOUN
ftr-441	1269	12	or	or	CCONJ
ftr-441	1269	13	the	the	DET
ftr-441	1269	14	other	other	ADJ
ftr-441	1269	15	,	,	PUNCT
ftr-441	1269	16	and	and	CCONJ
ftr-441	1269	17	there	there	PRON
ftr-441	1269	18	seems	seem	VERB
ftr-441	1269	19	to	to	PART
ftr-441	1269	20	be	be	AUX
ftr-441	1269	21	no	no	DET
ftr-441	1269	22	good	good	ADJ
ftr-441	1269	23	reason	reason	NOUN
ftr-441	1269	24	to	to	PART
ftr-441	1269	25	force	force	VERB
ftr-441	1269	26	taxpayers	taxpayer	NOUN
ftr-441	1269	27	to	to	PART
ftr-441	1269	28	utilize	utilize	VERB
ftr-441	1269	29	transactional	transactional	ADJ
ftr-441	1269	30	devices	device	NOUN
ftr-441	1269	31	to	to	PART
ftr-441	1269	32	avoid	avoid	VERB
ftr-441	1269	33	them	they	PRON
ftr-441	1269	34	.	.	PUNCT
ftr-441	1270	1	hence	hence	ADV
ftr-441	1270	2	,	,	PUNCT
ftr-441	1270	3	the	the	DET
ftr-441	1270	4	proposal	proposal	NOUN
ftr-441	1270	5	provides	provide	VERB
ftr-441	1270	6	for	for	ADP
ftr-441	1270	7	an	an	DET
ftr-441	1270	8	explicit	explicit	ADJ
ftr-441	1270	9	election	election	NOUN
ftr-441	1270	10	.	.	PUNCT
ftr-441	1271	1	because	because	SCONJ
ftr-441	1271	2	some	some	DET
ftr-441	1271	3	taxpayers	taxpayer	NOUN
ftr-441	1271	4	,	,	PUNCT
ftr-441	1271	5	including	include	VERB
ftr-441	1271	6	certain	certain	ADJ
ftr-441	1271	7	smaller	small	ADJ
ftr-441	1271	8	,	,	PUNCT
ftr-441	1271	9	unsophisticated	unsophisticated	ADJ
ftr-441	1271	10	firms	firm	NOUN
ftr-441	1271	11	for	for	ADP
ftr-441	1271	12	which	which	PRON
ftr-441	1271	13	the	the	DET
ftr-441	1271	14	spbf	spbf	ADJ
ftr-441	1271	15	rules	rule	NOUN
ftr-441	1271	16	are	be	AUX
ftr-441	1271	17	specifically	specifically	ADV
ftr-441	1271	18	designed	design	VERB
ftr-441	1271	19	,	,	PUNCT
ftr-441	1271	20	may	may	AUX
ftr-441	1271	21	not	not	PART
ftr-441	1271	22	be	be	AUX
ftr-441	1271	23	aware	aware	ADJ
ftr-441	1271	24	of	of	ADP
ftr-441	1271	25	the	the	DET
ftr-441	1271	26	existence	existence	NOUN
ftr-441	1271	27	of	of	ADP
ftr-441	1271	28	an	an	DET
ftr-441	1271	29	election	election	NOUN
ftr-441	1271	30	or	or	CCONJ
ftr-441	1271	31	may	may	AUX
ftr-441	1271	32	fail	fail	VERB
ftr-441	1271	33	to	to	PART
ftr-441	1271	34	comply	comply	VERB
ftr-441	1271	35	with	with	ADP
ftr-441	1271	36	whatever	whatever	DET
ftr-441	1271	37	procedure	procedure	NOUN
ftr-441	1271	38	is	be	AUX
ftr-441	1271	39	established	establish	VERB
ftr-441	1271	40	for	for	ADP
ftr-441	1271	41	executing	execute	VERB
ftr-441	1271	42	it	it	PRON
ftr-441	1271	43	,	,	PUNCT
ftr-441	1271	44	the	the	DET
ftr-441	1271	45	proposal	proposal	NOUN
ftr-441	1271	46	provides	provide	VERB
ftr-441	1271	47	only	only	ADV
ftr-441	1271	48	for	for	ADP
ftr-441	1271	49	a	a	DET
ftr-441	1271	50	permissible	permissible	ADJ
ftr-441	1271	51	election	election	NOUN
ftr-441	1271	52	by	by	ADP
ftr-441	1271	53	any	any	DET
ftr-441	1271	54	spbf	spbf	NOUN
ftr-441	1271	55	out	out	ADP
ftr-441	1271	56	of	of	ADP
ftr-441	1271	57	the	the	DET
ftr-441	1271	58	simplified	simplified	ADJ
ftr-441	1271	59	conduit	conduit	NOUN
ftr-441	1271	60	version	version	NOUN
ftr-441	1271	61	.	.	PUNCT
ftr-441	1272	1	a	a	DET
ftr-441	1272	2	failure	failure	NOUN
ftr-441	1272	3	to	to	PART
ftr-441	1272	4	elect	elect	VERB
ftr-441	1272	5	automatically	automatically	ADV
ftr-441	1272	6	means	mean	VERB
ftr-441	1272	7	the	the	DET
ftr-441	1272	8	spbf	spbf	NOUN
ftr-441	1272	9	is	be	AUX
ftr-441	1272	10	taxed	tax	VERB
ftr-441	1272	11	under	under	ADP
ftr-441	1272	12	the	the	DET
ftr-441	1272	13	simplified	simplified	ADJ
ftr-441	1272	14	system	system	NOUN
ftr-441	1272	15	.	.	PUNCT
ftr-441	1272	16	'	'	PUNCT
ftr-441	1273	1	the	the	DET
ftr-441	1273	2	subchapter	subchapter	NOUN
ftr-441	1273	3	s	s	PART
ftr-441	1273	4	election	election	NOUN
ftr-441	1273	5	under	under	ADP
ftr-441	1273	6	current	current	ADJ
ftr-441	1273	7	law	law	NOUN
ftr-441	1273	8	is	be	AUX
ftr-441	1273	9	different	different	ADJ
ftr-441	1273	10	from	from	ADP
ftr-441	1273	11	the	the	DET
ftr-441	1273	12	above	above	ADJ
ftr-441	1273	13	.	.	PUNCT
ftr-441	1274	1	eligible	eligible	ADJ
ftr-441	1274	2	corporations	corporation	NOUN
ftr-441	1274	3	must	must	AUX
ftr-441	1274	4	affirmatively	affirmatively	ADV
ftr-441	1274	5	elect	elect	VERB
ftr-441	1274	6	into	into	ADP
ftr-441	1274	7	subchapter	subchapter	NOUN
ftr-441	1274	8	s	s	NOUN
ftr-441	1274	9	and	and	CCONJ
ftr-441	1274	10	all	all	DET
ftr-441	1274	11	shareholders	shareholder	NOUN
ftr-441	1274	12	must	must	AUX
ftr-441	1274	13	consent	consent	VERB
ftr-441	1274	14	to	to	ADP
ftr-441	1274	15	the	the	DET
ftr-441	1274	16	election	election	NOUN
ftr-441	1274	17	.	.	PUNCT
ftr-441	1275	1	74	74	NUM
ftr-441	1275	2	failure	failure	NOUN
ftr-441	1275	3	to	to	PART
ftr-441	1275	4	make	make	VERB
ftr-441	1275	5	the	the	DET
ftr-441	1275	6	s	s	NOUN
ftr-441	1275	7	election	election	NOUN
ftr-441	1275	8	means	mean	VERB
ftr-441	1275	9	the	the	DET
ftr-441	1275	10	corporation	corporation	NOUN
ftr-441	1275	11	is	be	AUX
ftr-441	1275	12	taxed	tax	VERB
ftr-441	1275	13	as	as	ADP
ftr-441	1275	14	a	a	DET
ftr-441	1275	15	separate	separate	ADJ
ftr-441	1275	16	entity	entity	NOUN
ftr-441	1275	17	under	under	ADP
ftr-441	1275	18	subchapter	subchapter	NOUN
ftr-441	1275	19	c.	c.	NOUN
ftr-441	1275	20	presumably	presumably	ADV
ftr-441	1275	21	,	,	PUNCT
ftr-441	1275	22	congress	congress	PROPN
ftr-441	1275	23	wanted	want	VERB
ftr-441	1275	24	to	to	PART
ftr-441	1275	25	avoid	avoid	VERB
ftr-441	1275	26	surprising	surprising	ADJ
ftr-441	1275	27	shareholders	shareholder	NOUN
ftr-441	1275	28	regarding	regard	VERB
ftr-441	1275	29	the	the	DET
ftr-441	1275	30	effect	effect	NOUN
ftr-441	1275	31	of	of	ADP
ftr-441	1275	32	the	the	DET
ftr-441	1275	33	conduit	conduit	NOUN
ftr-441	1275	34	election	election	NOUN
ftr-441	1275	35	of	of	ADP
ftr-441	1275	36	subchapter	subchapter	NOUN
ftr-441	1275	37	s	s	NOUN
ftr-441	1275	38	,	,	PUNCT
ftr-441	1275	39	with	with	ADP
ftr-441	1275	40	the	the	DET
ftr-441	1275	41	accompanying	accompany	VERB
ftr-441	1275	42	counterintuitive	counterintuitive	ADJ
ftr-441	1275	43	obligation	obligation	NOUN
ftr-441	1275	44	on	on	ADP
ftr-441	1275	45	their	their	PRON
ftr-441	1275	46	part	part	NOUN
ftr-441	1275	47	to	to	PART
ftr-441	1275	48	report	report	VERB
ftr-441	1275	49	their	their	PRON
ftr-441	1275	50	share	share	NOUN
ftr-441	1275	51	of	of	ADP
ftr-441	1275	52	undistributed	undistributed	ADJ
ftr-441	1275	53	items	item	NOUN
ftr-441	1275	54	in	in	ADP
ftr-441	1275	55	the	the	DET
ftr-441	1275	56	current	current	ADJ
ftr-441	1275	57	year	year	NOUN
ftr-441	1275	58	.	.	PUNCT
ftr-441	1276	1	"7s	"7s	NOUN
ftr-441	1276	2	hence	hence	ADV
ftr-441	1276	3	,	,	PUNCT
ftr-441	1276	4	it	it	PRON
ftr-441	1276	5	makes	make	VERB
ftr-441	1276	6	sense	sense	NOUN
ftr-441	1276	7	to	to	PART
ftr-441	1276	8	require	require	VERB
ftr-441	1276	9	an	an	DET
ftr-441	1276	10	affirmative	affirmative	ADJ
ftr-441	1276	11	s	s	NOUN
ftr-441	1276	12	election	election	NOUN
ftr-441	1276	13	under	under	ADP
ftr-441	1276	14	current	current	ADJ
ftr-441	1276	15	law	law	NOUN
ftr-441	1276	16	.	.	PUNCT
ftr-441	1277	1	this	this	DET
ftr-441	1277	2	article	article	NOUN
ftr-441	1277	3	recommends	recommend	VERB
ftr-441	1277	4	,	,	PUNCT
ftr-441	1277	5	however	however	ADV
ftr-441	1277	6	,	,	PUNCT
ftr-441	1277	7	that	that	SCONJ
ftr-441	1277	8	all	all	DET
ftr-441	1277	9	private	private	ADJ
ftr-441	1277	10	business	business	NOUN
ftr-441	1277	11	firms	firm	NOUN
ftr-441	1277	12	shall	shall	AUX
ftr-441	1277	13	be	be	AUX
ftr-441	1277	14	taxed	tax	VERB
ftr-441	1277	15	as	as	ADP
ftr-441	1277	16	conduits	conduit	NOUN
ftr-441	1277	17	.	.	PUNCT
ftr-441	1278	1	if	if	SCONJ
ftr-441	1278	2	that	that	DET
ftr-441	1278	3	recommendation	recommendation	NOUN
ftr-441	1278	4	is	be	AUX
ftr-441	1278	5	173	173	NUM
ftr-441	1278	6	.	.	PUNCT
ftr-441	1279	1	both	both	CCONJ
ftr-441	1279	2	the	the	DET
ftr-441	1279	3	installment	installment	NOUN
ftr-441	1279	4	sales	sale	NOUN
ftr-441	1279	5	and	and	CCONJ
ftr-441	1279	6	entity	entity	NOUN
ftr-441	1279	7	classification	classification	NOUN
ftr-441	1279	8	elections	election	NOUN
ftr-441	1279	9	operate	operate	VERB
ftr-441	1279	10	in	in	ADP
ftr-441	1279	11	this	this	DET
ftr-441	1279	12	fashion	fashion	NOUN
ftr-441	1279	13	.	.	PUNCT
ftr-441	1280	1	see	see	VERB
ftr-441	1280	2	irc	irc	PROPN
ftr-441	1280	3	§	§	PROPN
ftr-441	1280	4	453(d	453(d	PROPN
ftr-441	1280	5	)	)	PUNCT
ftr-441	1280	6	;	;	PUNCT
ftr-441	1280	7	regs	reg	NOUN
ftr-441	1280	8	.	.	PUNCT
ftr-441	1281	1	§	§	PROPN
ftr-441	1281	2	301.7701	301.7701	NUM
ftr-441	1281	3	-	-	SYM
ftr-441	1281	4	3(b)(1	3(b)(1	NUM
ftr-441	1281	5	)	)	PUNCT
ftr-441	1281	6	.	.	PUNCT
ftr-441	1282	1	despite	despite	SCONJ
ftr-441	1282	2	this	this	DET
ftr-441	1282	3	feature	feature	NOUN
ftr-441	1282	4	,	,	PUNCT
ftr-441	1282	5	this	this	DET
ftr-441	1282	6	article	article	NOUN
ftr-441	1282	7	still	still	ADV
ftr-441	1282	8	refers	refer	VERB
ftr-441	1282	9	to	to	ADP
ftr-441	1282	10	the	the	DET
ftr-441	1282	11	non	non	ADJ
ftr-441	1282	12	-	-	ADJ
ftr-441	1282	13	spbf	spbf	ADJ
ftr-441	1282	14	conduit	conduit	NOUN
ftr-441	1282	15	system	system	NOUN
ftr-441	1282	16	as	as	ADP
ftr-441	1282	17	the	the	DET
ftr-441	1282	18	"	"	PUNCT
ftr-441	1282	19	default	default	NOUN
ftr-441	1282	20	system	system	NOUN
ftr-441	1282	21	.	.	PUNCT
ftr-441	1282	22	"	"	PUNCT
ftr-441	1283	1	174	174	NUM
ftr-441	1283	2	.	.	PUNCT
ftr-441	1284	1	see	see	VERB
ftr-441	1284	2	irc	irc	PROPN
ftr-441	1284	3	§	§	PROPN
ftr-441	1284	4	1362(a	1362(a	PROPN
ftr-441	1284	5	)	)	PUNCT
ftr-441	1284	6	.	.	PUNCT
ftr-441	1285	1	175	175	NUM
ftr-441	1285	2	.	.	PUNCT
ftr-441	1286	1	see	see	VERB
ftr-441	1286	2	james	james	PROPN
ftr-441	1286	3	s.	s.	PROPN
ftr-441	1286	4	eustice	eustice	PROPN
ftr-441	1286	5	,	,	PUNCT
ftr-441	1286	6	subchapter	subchapter	NOUN
ftr-441	1286	7	s	s	PART
ftr-441	1286	8	corporations	corporation	NOUN
ftr-441	1286	9	and	and	CCONJ
ftr-441	1286	10	partnerships	partnership	NOUN
ftr-441	1286	11	:	:	PUNCT
ftr-441	1286	12	a	a	DET
ftr-441	1286	13	search	search	NOUN
ftr-441	1286	14	for	for	ADP
ftr-441	1286	15	the	the	DET
ftr-441	1286	16	pass	pass	NOUN
ftr-441	1286	17	through	through	ADP
ftr-441	1286	18	paradigm	paradigm	NOUN
ftr-441	1286	19	(	(	PUNCT
ftr-441	1286	20	some	some	DET
ftr-441	1286	21	preliminary	preliminary	ADJ
ftr-441	1286	22	proposals	proposal	NOUN
ftr-441	1286	23	)	)	PUNCT
ftr-441	1286	24	,	,	PUNCT
ftr-441	1286	25	39	39	NUM
ftr-441	1286	26	tax	tax	NOUN
ftr-441	1286	27	l.	l.	PROPN
ftr-441	1286	28	rev	rev	PROPN
ftr-441	1286	29	.	.	PROPN
ftr-441	1286	30	345	345	NUM
ftr-441	1286	31	,	,	PUNCT
ftr-441	1286	32	369	369	NUM
ftr-441	1286	33	(	(	PUNCT
ftr-441	1286	34	1984	1984	NUM
ftr-441	1286	35	)	)	PUNCT
ftr-441	1286	36	.	.	PUNCT
ftr-441	1287	1	[	[	X
ftr-441	1287	2	vol	vol	NOUN
ftr-441	1287	3	4:3	4:3	NUM
ftr-441	1287	4	the	the	DET
ftr-441	1287	5	future	future	ADJ
ftr-441	1287	6	taxation	taxation	NOUN
ftr-441	1287	7	of	of	ADP
ftr-441	1287	8	private	private	ADJ
ftr-441	1287	9	business	business	NOUN
ftr-441	1287	10	firms	firm	NOUN
ftr-441	1287	11	adopted	adopt	VERB
ftr-441	1287	12	,	,	PUNCT
ftr-441	1287	13	then	then	ADV
ftr-441	1287	14	the	the	DET
ftr-441	1287	15	norm	norm	NOUN
ftr-441	1287	16	will	will	AUX
ftr-441	1287	17	be	be	AUX
ftr-441	1287	18	for	for	SCONJ
ftr-441	1287	19	all	all	DET
ftr-441	1287	20	owners	owner	NOUN
ftr-441	1287	21	of	of	ADP
ftr-441	1287	22	private	private	ADJ
ftr-441	1287	23	firms	firm	NOUN
ftr-441	1287	24	to	to	PART
ftr-441	1287	25	report	report	VERB
ftr-441	1287	26	currently	currently	ADV
ftr-441	1287	27	their	their	PRON
ftr-441	1287	28	share	share	NOUN
ftr-441	1287	29	of	of	ADP
ftr-441	1287	30	passthrough	passthrough	NOUN
ftr-441	1287	31	items	item	NOUN
ftr-441	1287	32	,	,	PUNCT
ftr-441	1287	33	including	include	VERB
ftr-441	1287	34	undistributed	undistributed	ADJ
ftr-441	1287	35	items	item	NOUN
ftr-441	1287	36	,	,	PUNCT
ftr-441	1287	37	and	and	CCONJ
ftr-441	1287	38	the	the	DET
ftr-441	1287	39	consequences	consequence	NOUN
ftr-441	1287	40	of	of	ADP
ftr-441	1287	41	the	the	DET
ftr-441	1287	42	simplified	simplified	ADJ
ftr-441	1287	43	conduit	conduit	NOUN
ftr-441	1287	44	version	version	NOUN
ftr-441	1287	45	should	should	AUX
ftr-441	1287	46	therefore	therefore	ADV
ftr-441	1287	47	not	not	PART
ftr-441	1287	48	be	be	AUX
ftr-441	1287	49	a	a	DET
ftr-441	1287	50	surprise	surprise	NOUN
ftr-441	1287	51	.	.	PUNCT
ftr-441	1288	1	finally	finally	ADV
ftr-441	1288	2	,	,	PUNCT
ftr-441	1288	3	the	the	DET
ftr-441	1288	4	elective	elective	ADJ
ftr-441	1288	5	nature	nature	NOUN
ftr-441	1288	6	of	of	ADP
ftr-441	1288	7	the	the	DET
ftr-441	1288	8	spbf	spbf	ADJ
ftr-441	1288	9	rules	rule	NOUN
ftr-441	1288	10	emphasizes	emphasize	VERB
ftr-441	1288	11	again	again	ADV
ftr-441	1288	12	the	the	DET
ftr-441	1288	13	importance	importance	NOUN
ftr-441	1288	14	of	of	ADP
ftr-441	1288	15	achieving	achieve	VERB
ftr-441	1288	16	the	the	DET
ftr-441	1288	17	proper	proper	ADJ
ftr-441	1288	18	balance	balance	NOUN
ftr-441	1288	19	in	in	ADP
ftr-441	1288	20	the	the	DET
ftr-441	1288	21	substantive	substantive	ADJ
ftr-441	1288	22	outcomes	outcome	NOUN
ftr-441	1288	23	under	under	ADP
ftr-441	1288	24	the	the	DET
ftr-441	1288	25	spbf	spbf	NOUN
ftr-441	1288	26	and	and	CCONJ
ftr-441	1288	27	default	default	NOUN
ftr-441	1288	28	operating	operating	NOUN
ftr-441	1288	29	rule	rule	NOUN
ftr-441	1288	30	systems	system	NOUN
ftr-441	1288	31	.	.	PUNCT
ftr-441	1289	1	2	2	X
ftr-441	1289	2	.	.	X
ftr-441	1289	3	passthrough	passthrough	NOUN
ftr-441	1289	4	scheme	scheme	NOUN
ftr-441	1289	5	;	;	PUNCT
ftr-441	1289	6	allocations	allocation	NOUN
ftr-441	1289	7	of	of	ADP
ftr-441	1289	8	tax	tax	NOUN
ftr-441	1289	9	items	item	NOUN
ftr-441	1289	10	and	and	CCONJ
ftr-441	1289	11	debt	debt	NOUN
ftr-441	1289	12	of	of	ADP
ftr-441	1289	13	the	the	DET
ftr-441	1289	14	firm	firm	ADJ
ftr-441	1289	15	a.	a.	NOUN
ftr-441	1289	16	in	in	ADP
ftr-441	1289	17	general.-the	general.-the	DET
ftr-441	1289	18	proposal	proposal	NOUN
ftr-441	1289	19	adopts	adopt	VERB
ftr-441	1289	20	the	the	DET
ftr-441	1289	21	basic	basic	ADJ
ftr-441	1289	22	passthrough	passthrough	NOUN
ftr-441	1289	23	structure	structure	NOUN
ftr-441	1289	24	common	common	ADJ
ftr-441	1289	25	to	to	ADP
ftr-441	1289	26	partnerships	partnership	NOUN
ftr-441	1289	27	and	and	CCONJ
ftr-441	1289	28	s	s	NOUN
ftr-441	1289	29	corporations	corporation	NOUN
ftr-441	1289	30	under	under	ADP
ftr-441	1289	31	current	current	ADJ
ftr-441	1289	32	law	law	NOUN
ftr-441	1289	33	.	.	PUNCT
ftr-441	1290	1	all	all	DET
ftr-441	1290	2	tax	tax	NOUN
ftr-441	1290	3	items	item	NOUN
ftr-441	1290	4	of	of	ADP
ftr-441	1290	5	an	an	DET
ftr-441	1290	6	spbf	spbf	NOUN
ftr-441	1290	7	are	be	AUX
ftr-441	1290	8	allocated	allocate	VERB
ftr-441	1290	9	among	among	ADP
ftr-441	1290	10	the	the	DET
ftr-441	1290	11	owners	owner	NOUN
ftr-441	1290	12	of	of	ADP
ftr-441	1290	13	the	the	DET
ftr-441	1290	14	firm	firm	NOUN
ftr-441	1290	15	who	who	PRON
ftr-441	1290	16	must	must	AUX
ftr-441	1290	17	include	include	VERB
ftr-441	1290	18	such	such	ADJ
ftr-441	1290	19	items	item	NOUN
ftr-441	1290	20	in	in	ADP
ftr-441	1290	21	determining	determine	VERB
ftr-441	1290	22	their	their	PRON
ftr-441	1290	23	income	income	NOUN
ftr-441	1290	24	tax	tax	NOUN
ftr-441	1290	25	liabilities	liability	NOUN
ftr-441	1290	26	.	.	PUNCT
ftr-441	1291	1	the	the	DET
ftr-441	1291	2	character	character	NOUN
ftr-441	1291	3	of	of	ADP
ftr-441	1291	4	each	each	DET
ftr-441	1291	5	item	item	NOUN
ftr-441	1291	6	is	be	AUX
ftr-441	1291	7	determined	determine	VERB
ftr-441	1291	8	at	at	ADP
ftr-441	1291	9	the	the	DET
ftr-441	1291	10	firm	firm	ADJ
ftr-441	1291	11	level	level	NOUN
ftr-441	1291	12	,	,	PUNCT
ftr-441	1291	13	with	with	SCONJ
ftr-441	1291	14	that	that	DET
ftr-441	1291	15	character	character	NOUN
ftr-441	1291	16	then	then	ADV
ftr-441	1291	17	passed	pass	VERB
ftr-441	1291	18	through	through	ADP
ftr-441	1291	19	and	and	CCONJ
ftr-441	1291	20	reported	report	VERB
ftr-441	1291	21	by	by	ADP
ftr-441	1291	22	the	the	DET
ftr-441	1291	23	owners	owner	NOUN
ftr-441	1291	24	.	.	PUNCT
ftr-441	1292	1	owners	owner	NOUN
ftr-441	1292	2	must	must	AUX
ftr-441	1292	3	take	take	VERB
ftr-441	1292	4	into	into	ADP
ftr-441	1292	5	account	account	NOUN
ftr-441	1292	6	their	their	PRON
ftr-441	1292	7	share	share	NOUN
ftr-441	1292	8	of	of	ADP
ftr-441	1292	9	the	the	DET
ftr-441	1292	10	firm	firm	NOUN
ftr-441	1292	11	's	's	PART
ftr-441	1292	12	tax	tax	NOUN
ftr-441	1292	13	items	item	NOUN
ftr-441	1292	14	in	in	ADP
ftr-441	1292	15	their	their	PRON
ftr-441	1292	16	taxable	taxable	ADJ
ftr-441	1292	17	years	year	NOUN
ftr-441	1292	18	in	in	ADP
ftr-441	1292	19	which	which	PRON
ftr-441	1292	20	the	the	DET
ftr-441	1292	21	firm	firm	NOUN
ftr-441	1292	22	's	's	PART
ftr-441	1292	23	tax	tax	NOUN
ftr-441	1292	24	year	year	NOUN
ftr-441	1292	25	ends	end	VERB
ftr-441	1292	26	.	.	PUNCT
ftr-441	1293	1	because	because	SCONJ
ftr-441	1293	2	no	no	DET
ftr-441	1293	3	limitation	limitation	NOUN
ftr-441	1293	4	is	be	AUX
ftr-441	1293	5	placed	place	VERB
ftr-441	1293	6	on	on	ADP
ftr-441	1293	7	the	the	DET
ftr-441	1293	8	nature	nature	NOUN
ftr-441	1293	9	of	of	ADP
ftr-441	1293	10	an	an	DET
ftr-441	1293	11	spbf	spbf	NOUN
ftr-441	1293	12	's	's	PART
ftr-441	1293	13	income	income	NOUN
ftr-441	1293	14	or	or	CCONJ
ftr-441	1293	15	activities	activity	NOUN
ftr-441	1293	16	,	,	PUNCT
ftr-441	1293	17	the	the	DET
ftr-441	1293	18	tax	tax	NOUN
ftr-441	1293	19	items	item	NOUN
ftr-441	1293	20	to	to	PART
ftr-441	1293	21	be	be	AUX
ftr-441	1293	22	passed	pass	VERB
ftr-441	1293	23	through	through	ADP
ftr-441	1293	24	to	to	ADP
ftr-441	1293	25	the	the	DET
ftr-441	1293	26	owners	owner	NOUN
ftr-441	1293	27	should	should	AUX
ftr-441	1293	28	be	be	AUX
ftr-441	1293	29	the	the	DET
ftr-441	1293	30	same	same	ADJ
ftr-441	1293	31	as	as	ADP
ftr-441	1293	32	those	those	PRON
ftr-441	1293	33	listed	list	VERB
ftr-441	1293	34	in	in	ADP
ftr-441	1293	35	section	section	NOUN
ftr-441	1293	36	702(a	702(a	PROPN
ftr-441	1293	37	)	)	PUNCT
ftr-441	1293	38	of	of	ADP
ftr-441	1293	39	the	the	DET
ftr-441	1293	40	code	code	NOUN
ftr-441	1293	41	.	.	PUNCT
ftr-441	1294	1	if	if	SCONJ
ftr-441	1294	2	some	some	DET
ftr-441	1294	3	simplified	simplified	ADJ
ftr-441	1294	4	passthrough	passthrough	NOUN
ftr-441	1294	5	scheme	scheme	NOUN
ftr-441	1294	6	can	can	AUX
ftr-441	1294	7	be	be	AUX
ftr-441	1294	8	devised	devise	VERB
ftr-441	1294	9	where	where	SCONJ
ftr-441	1294	10	fewer	few	ADJ
ftr-441	1294	11	categories	category	NOUN
ftr-441	1294	12	of	of	ADP
ftr-441	1294	13	items	item	NOUN
ftr-441	1294	14	need	need	VERB
ftr-441	1294	15	to	to	PART
ftr-441	1294	16	be	be	AUX
ftr-441	1294	17	separately	separately	ADV
ftr-441	1294	18	stated	state	VERB
ftr-441	1294	19	and	and	CCONJ
ftr-441	1294	20	passed	pass	VERB
ftr-441	1294	21	through	through	ADP
ftr-441	1294	22	,	,	PUNCT
ftr-441	1294	23	that	that	SCONJ
ftr-441	1294	24	simplified	simplified	ADJ
ftr-441	1294	25	rule	rule	NOUN
ftr-441	1294	26	would	would	AUX
ftr-441	1294	27	apply	apply	VERB
ftr-441	1294	28	to	to	ADP
ftr-441	1294	29	an	an	DET
ftr-441	1294	30	spbf	spbf	NOUN
ftr-441	1294	31	as	as	ADV
ftr-441	1294	32	well	well	ADV
ftr-441	1294	33	.	.	PUNCT
ftr-441	1295	1	like	like	ADP
ftr-441	1295	2	an	an	DET
ftr-441	1295	3	s	s	NOUN
ftr-441	1295	4	corporation	corporation	NOUN
ftr-441	1295	5	,	,	PUNCT
ftr-441	1295	6	an	an	DET
ftr-441	1295	7	spbf	spbf	NOUN
ftr-441	1295	8	is	be	AUX
ftr-441	1295	9	generally	generally	ADV
ftr-441	1295	10	not	not	PART
ftr-441	1295	11	permitted	permit	VERB
ftr-441	1295	12	to	to	PART
ftr-441	1295	13	make	make	VERB
ftr-441	1295	14	special	special	ADJ
ftr-441	1295	15	allocations	allocation	NOUN
ftr-441	1295	16	.	.	PUNCT
ftr-441	1296	1	to	to	PART
ftr-441	1296	2	accomplish	accomplish	VERB
ftr-441	1296	3	that	that	DET
ftr-441	1296	4	objective	objective	NOUN
ftr-441	1296	5	,	,	PUNCT
ftr-441	1296	6	the	the	DET
ftr-441	1296	7	spbf	spbf	ADJ
ftr-441	1296	8	proposals	proposal	NOUN
ftr-441	1296	9	limit	limit	VERB
ftr-441	1296	10	the	the	DET
ftr-441	1296	11	firm	firm	NOUN
ftr-441	1296	12	to	to	ADP
ftr-441	1296	13	having	have	VERB
ftr-441	1296	14	only	only	ADV
ftr-441	1296	15	one	one	NUM
ftr-441	1296	16	class	class	NOUN
ftr-441	1296	17	of	of	ADP
ftr-441	1296	18	residual	residual	ADJ
ftr-441	1296	19	ownership	ownership	NOUN
ftr-441	1296	20	interests	interest	NOUN
ftr-441	1296	21	and	and	CCONJ
ftr-441	1296	22	generally	generally	ADV
ftr-441	1296	23	require	require	VERB
ftr-441	1296	24	all	all	DET
ftr-441	1296	25	tax	tax	NOUN
ftr-441	1296	26	items	item	NOUN
ftr-441	1296	27	to	to	PART
ftr-441	1296	28	be	be	AUX
ftr-441	1296	29	allocated	allocate	VERB
ftr-441	1296	30	in	in	ADP
ftr-441	1296	31	accordance	accordance	NOUN
ftr-441	1296	32	with	with	ADP
ftr-441	1296	33	the	the	DET
ftr-441	1296	34	percentage	percentage	NOUN
ftr-441	1296	35	interests	interest	NOUN
ftr-441	1296	36	of	of	ADP
ftr-441	1296	37	the	the	DET
ftr-441	1296	38	residual	residual	ADJ
ftr-441	1296	39	interest	interest	NOUN
ftr-441	1296	40	holders	holder	NOUN
ftr-441	1296	41	.	.	PUNCT
ftr-441	1297	1	the	the	DET
ftr-441	1297	2	obvious	obvious	ADJ
ftr-441	1297	3	model	model	NOUN
ftr-441	1297	4	is	be	AUX
ftr-441	1297	5	the	the	DET
ftr-441	1297	6	"	"	PUNCT
ftr-441	1297	7	one	one	NUM
ftr-441	1297	8	class	class	NOUN
ftr-441	1297	9	of	of	ADP
ftr-441	1297	10	stock	stock	NOUN
ftr-441	1297	11	"	"	PUNCT
ftr-441	1297	12	rules	rule	NOUN
ftr-441	1297	13	in	in	ADP
ftr-441	1297	14	subchapter	subchapter	NOUN
ftr-441	1297	15	s.	s.	PROPN
ftr-441	1297	16	there	there	PRON
ftr-441	1297	17	is	be	VERB
ftr-441	1297	18	difficulty	difficulty	NOUN
ftr-441	1297	19	,	,	PUNCT
ftr-441	1297	20	however	however	ADV
ftr-441	1297	21	,	,	PUNCT
ftr-441	1297	22	in	in	ADP
ftr-441	1297	23	defining	define	VERB
ftr-441	1297	24	exactly	exactly	ADV
ftr-441	1297	25	what	what	PRON
ftr-441	1297	26	a	a	DET
ftr-441	1297	27	"	"	PUNCT
ftr-441	1297	28	one	one	NUM
ftr-441	1297	29	class	class	NOUN
ftr-441	1297	30	of	of	ADP
ftr-441	1297	31	stock	stock	NOUN
ftr-441	1297	32	"	"	PUNCT
ftr-441	1297	33	rule	rule	NOUN
ftr-441	1297	34	means	mean	NOUN
ftr-441	1297	35	in	in	ADP
ftr-441	1297	36	the	the	DET
ftr-441	1297	37	context	context	NOUN
ftr-441	1297	38	of	of	ADP
ftr-441	1297	39	a	a	DET
ftr-441	1297	40	partnership	partnership	NOUN
ftr-441	1297	41	,	,	PUNCT
ftr-441	1297	42	llc	llc	PROPN
ftr-441	1297	43	,	,	PUNCT
ftr-441	1297	44	or	or	CCONJ
ftr-441	1297	45	other	other	ADJ
ftr-441	1297	46	unincorporated	unincorporated	ADJ
ftr-441	1297	47	venture	venture	NOUN
ftr-441	1297	48	.	.	PUNCT
ftr-441	1298	1	corporate	corporate	ADJ
ftr-441	1298	2	stock	stock	NOUN
ftr-441	1298	3	generally	generally	ADV
ftr-441	1298	4	provides	provide	VERB
ftr-441	1298	5	the	the	DET
ftr-441	1298	6	holder	holder	NOUN
ftr-441	1298	7	with	with	ADP
ftr-441	1298	8	both	both	CCONJ
ftr-441	1298	9	a	a	DET
ftr-441	1298	10	profits	profit	NOUN
ftr-441	1298	11	and	and	CCONJ
ftr-441	1298	12	capital	capital	NOUN
ftr-441	1298	13	interest	interest	NOUN
ftr-441	1298	14	in	in	ADP
ftr-441	1298	15	the	the	DET
ftr-441	1298	16	firm	firm	NOUN
ftr-441	1298	17	.	.	PUNCT
ftr-441	1299	1	moreover	moreover	ADV
ftr-441	1299	2	,	,	PUNCT
ftr-441	1299	3	each	each	DET
ftr-441	1299	4	share	share	NOUN
ftr-441	1299	5	of	of	ADP
ftr-441	1299	6	stock	stock	NOUN
ftr-441	1299	7	in	in	ADP
ftr-441	1299	8	the	the	DET
ftr-441	1299	9	same	same	ADJ
ftr-441	1299	10	class	class	NOUN
ftr-441	1299	11	ordinarily	ordinarily	ADV
ftr-441	1299	12	has	have	VERB
ftr-441	1299	13	identical	identical	ADJ
ftr-441	1299	14	rights	right	NOUN
ftr-441	1299	15	with	with	ADP
ftr-441	1299	16	respect	respect	NOUN
ftr-441	1299	17	to	to	ADP
ftr-441	1299	18	distributions	distribution	NOUN
ftr-441	1299	19	and	and	CCONJ
ftr-441	1299	20	liquidation	liquidation	NOUN
ftr-441	1299	21	proceeds	proceed	NOUN
ftr-441	1299	22	.	.	PUNCT
ftr-441	1300	1	finally	finally	ADV
ftr-441	1300	2	,	,	PUNCT
ftr-441	1300	3	changes	change	NOUN
ftr-441	1300	4	in	in	ADP
ftr-441	1300	5	the	the	DET
ftr-441	1300	6	percentage	percentage	NOUN
ftr-441	1300	7	interest	interest	NOUN
ftr-441	1300	8	in	in	ADP
ftr-441	1300	9	a	a	DET
ftr-441	1300	10	given	give	VERB
ftr-441	1300	11	class	class	NOUN
ftr-441	1300	12	of	of	ADP
ftr-441	1300	13	shares	share	NOUN
ftr-441	1300	14	arise	arise	VERB
ftr-441	1300	15	in	in	ADP
ftr-441	1300	16	connection	connection	NOUN
ftr-441	1300	17	with	with	ADP
ftr-441	1300	18	a	a	DET
ftr-441	1300	19	contribution	contribution	NOUN
ftr-441	1300	20	,	,	PUNCT
ftr-441	1300	21	redemption	redemption	NOUN
ftr-441	1300	22	,	,	PUNCT
ftr-441	1300	23	or	or	CCONJ
ftr-441	1300	24	purchase	purchase	NOUN
ftr-441	1300	25	and	and	CCONJ
ftr-441	1300	26	sale	sale	NOUN
ftr-441	1300	27	transaction	transaction	NOUN
ftr-441	1300	28	,	,	PUNCT
ftr-441	1300	29	all	all	PRON
ftr-441	1300	30	of	of	ADP
ftr-441	1300	31	which	which	PRON
ftr-441	1300	32	may	may	AUX
ftr-441	1300	33	be	be	AUX
ftr-441	1300	34	taxable	taxable	ADJ
ftr-441	1300	35	events	event	NOUN
ftr-441	1300	36	and	and	CCONJ
ftr-441	1300	37	have	have	VERB
ftr-441	1300	38	,	,	PUNCT
ftr-441	1300	39	in	in	ADP
ftr-441	1300	40	any	any	DET
ftr-441	1300	41	event	event	NOUN
ftr-441	1300	42	,	,	PUNCT
ftr-441	1300	43	only	only	ADV
ftr-441	1300	44	prospective	prospective	ADJ
ftr-441	1300	45	effect	effect	NOUN
ftr-441	1300	46	.	.	PUNCT
ftr-441	1301	1	'76	'76	NUM
ftr-441	1301	2	176	176	NUM
ftr-441	1301	3	.	.	PUNCT
ftr-441	1302	1	the	the	DET
ftr-441	1302	2	permissible	permissible	ADJ
ftr-441	1302	3	allocation	allocation	NOUN
ftr-441	1302	4	of	of	ADP
ftr-441	1302	5	all	all	DET
ftr-441	1302	6	tax	tax	NOUN
ftr-441	1302	7	items	item	NOUN
ftr-441	1302	8	in	in	ADP
ftr-441	1302	9	a	a	DET
ftr-441	1302	10	pro	pro	ADJ
ftr-441	1302	11	rata	rata	ADJ
ftr-441	1302	12	manner	manner	NOUN
ftr-441	1302	13	to	to	ADP
ftr-441	1302	14	each	each	DET
ftr-441	1302	15	day	day	NOUN
ftr-441	1302	16	of	of	ADP
ftr-441	1302	17	the	the	DET
ftr-441	1302	18	taxable	taxable	ADJ
ftr-441	1302	19	year	year	NOUN
ftr-441	1302	20	of	of	ADP
ftr-441	1302	21	an	an	DET
ftr-441	1302	22	s	s	NOUN
ftr-441	1302	23	corporation	corporation	NOUN
ftr-441	1302	24	creates	create	VERB
ftr-441	1302	25	the	the	DET
ftr-441	1302	26	possibility	possibility	NOUN
ftr-441	1302	27	of	of	ADP
ftr-441	1302	28	a	a	DET
ftr-441	1302	29	change	change	NOUN
ftr-441	1302	30	in	in	ADP
ftr-441	1302	31	interest	interest	NOUN
ftr-441	1302	32	having	have	VERB
ftr-441	1302	33	some	some	DET
ftr-441	1302	34	retroactive	retroactive	ADJ
ftr-441	1302	35	effect	effect	NOUN
ftr-441	1302	36	.	.	PUNCT
ftr-441	1303	1	see	see	VERB
ftr-441	1303	2	irc	irc	PROPN
ftr-441	1303	3	§	§	PROPN
ftr-441	1303	4	1377(a)(1	1377(a)(1	NUM
ftr-441	1303	5	)	)	PUNCT
ftr-441	1303	6	.	.	PUNCT
ftr-441	1304	1	19991	19991	NUM
ftr-441	1304	2	florida	florida	PROPN
ftr-441	1304	3	tax	tax	NOUN
ftr-441	1304	4	review	review	NOUN
ftr-441	1304	5	in	in	ADP
ftr-441	1304	6	contrast	contrast	NOUN
ftr-441	1304	7	,	,	PUNCT
ftr-441	1304	8	it	it	PRON
ftr-441	1304	9	is	be	AUX
ftr-441	1304	10	possible	possible	ADJ
ftr-441	1304	11	to	to	PART
ftr-441	1304	12	create	create	VERB
ftr-441	1304	13	partnership	partnership	NOUN
ftr-441	1304	14	or	or	CCONJ
ftr-441	1304	15	llc	llc	NOUN
ftr-441	1304	16	interests	interest	NOUN
ftr-441	1304	17	which	which	PRON
ftr-441	1304	18	are	be	AUX
ftr-441	1304	19	"	"	PUNCT
ftr-441	1304	20	profits	profit	NOUN
ftr-441	1304	21	only	only	ADV
ftr-441	1304	22	"	"	PUNCT
ftr-441	1304	23	interests	interest	NOUN
ftr-441	1304	24	.	.	PUNCT
ftr-441	1305	1	'77	'77	NUM
ftr-441	1305	2	ownership	ownership	NOUN
ftr-441	1305	3	interests	interest	NOUN
ftr-441	1305	4	may	may	AUX
ftr-441	1305	5	not	not	PART
ftr-441	1305	6	entail	entail	VERB
ftr-441	1305	7	any	any	DET
ftr-441	1305	8	set	set	NOUN
ftr-441	1305	9	formula	formula	NOUN
ftr-441	1305	10	for	for	ADP
ftr-441	1305	11	distribution	distribution	NOUN
ftr-441	1305	12	and	and	CCONJ
ftr-441	1305	13	liquidation	liquidation	NOUN
ftr-441	1305	14	rights	right	NOUN
ftr-441	1305	15	.	.	PUNCT
ftr-441	1306	1	and	and	CCONJ
ftr-441	1306	2	changes	change	NOUN
ftr-441	1306	3	in	in	ADP
ftr-441	1306	4	percentage	percentage	NOUN
ftr-441	1306	5	interests	interest	NOUN
ftr-441	1306	6	may	may	AUX
ftr-441	1306	7	be	be	AUX
ftr-441	1306	8	made	make	VERB
ftr-441	1306	9	by	by	ADP
ftr-441	1306	10	private	private	ADJ
ftr-441	1306	11	agreement	agreement	NOUN
ftr-441	1306	12	,	,	PUNCT
ftr-441	1306	13	ordinarily	ordinarily	ADV
ftr-441	1306	14	without	without	ADP
ftr-441	1306	15	tax	tax	NOUN
ftr-441	1306	16	consequences	consequence	NOUN
ftr-441	1306	17	and	and	CCONJ
ftr-441	1306	18	potentially	potentially	ADV
ftr-441	1306	19	with	with	ADP
ftr-441	1306	20	retroactive	retroactive	ADJ
ftr-441	1306	21	effect	effect	NOUN
ftr-441	1306	22	.	.	PUNCT
ftr-441	1307	1	the	the	DET
ftr-441	1307	2	check	check	VERB
ftr-441	1307	3	-	-	PUNCT
ftr-441	1307	4	the	the	DET
ftr-441	1307	5	-	-	PUNCT
ftr-441	1307	6	box	box	NOUN
ftr-441	1307	7	regulations	regulation	NOUN
ftr-441	1307	8	will	will	AUX
ftr-441	1307	9	require	require	VERB
ftr-441	1307	10	the	the	DET
ftr-441	1307	11	treasury	treasury	NOUN
ftr-441	1307	12	to	to	PART
ftr-441	1307	13	specify	specify	VERB
ftr-441	1307	14	what	what	PRON
ftr-441	1307	15	an	an	DET
ftr-441	1307	16	unincorporated	unincorporated	ADJ
ftr-441	1307	17	venture	venture	NOUN
ftr-441	1307	18	will	will	AUX
ftr-441	1307	19	need	need	VERB
ftr-441	1307	20	to	to	PART
ftr-441	1307	21	do	do	VERB
ftr-441	1307	22	to	to	PART
ftr-441	1307	23	satisfy	satisfy	VERB
ftr-441	1307	24	the	the	DET
ftr-441	1307	25	"	"	PUNCT
ftr-441	1307	26	one	one	NUM
ftr-441	1307	27	class	class	NOUN
ftr-441	1307	28	of	of	ADP
ftr-441	1307	29	stock	stock	NOUN
ftr-441	1307	30	"	"	PUNCT
ftr-441	1307	31	rule	rule	NOUN
ftr-441	1307	32	in	in	ADP
ftr-441	1307	33	subchapter	subchapter	NOUN
ftr-441	1307	34	s.	s.	PROPN
ftr-441	1307	35	under	under	ADP
ftr-441	1307	36	those	those	DET
ftr-441	1307	37	regulations	regulation	NOUN
ftr-441	1307	38	,	,	PUNCT
ftr-441	1307	39	an	an	DET
ftr-441	1307	40	unincorporated	unincorporated	ADJ
ftr-441	1307	41	firm	firm	NOUN
ftr-441	1307	42	may	may	AUX
ftr-441	1307	43	elect	elect	VERB
ftr-441	1307	44	to	to	PART
ftr-441	1307	45	be	be	AUX
ftr-441	1307	46	taxed	tax	VERB
ftr-441	1307	47	as	as	ADP
ftr-441	1307	48	a	a	DET
ftr-441	1307	49	corporation	corporation	NOUN
ftr-441	1307	50	and	and	CCONJ
ftr-441	1307	51	,	,	PUNCT
ftr-441	1307	52	if	if	SCONJ
ftr-441	1307	53	the	the	DET
ftr-441	1307	54	s	s	X
ftr-441	1307	55	eligibility	eligibility	NOUN
ftr-441	1307	56	requirements	requirement	NOUN
ftr-441	1307	57	are	be	AUX
ftr-441	1307	58	satisfied	satisfied	ADJ
ftr-441	1307	59	,	,	PUNCT
ftr-441	1307	60	elect	elect	VERB
ftr-441	1307	61	to	to	PART
ftr-441	1307	62	be	be	AUX
ftr-441	1307	63	taxed	tax	VERB
ftr-441	1307	64	as	as	ADP
ftr-441	1307	65	an	an	DET
ftr-441	1307	66	s	s	NOUN
ftr-441	1307	67	corporation	corporation	NOUN
ftr-441	1307	68	.	.	PUNCT
ftr-441	1308	1	7	7	NUM
ftr-441	1308	2	s	s	NOUN
ftr-441	1308	3	(	(	PUNCT
ftr-441	1308	4	an	an	DET
ftr-441	1308	5	unincorporated	unincorporated	ADJ
ftr-441	1308	6	firm	firm	NOUN
ftr-441	1308	7	might	might	AUX
ftr-441	1308	8	wish	wish	VERB
ftr-441	1308	9	to	to	PART
ftr-441	1308	10	do	do	VERB
ftr-441	1308	11	so	so	ADV
ftr-441	1308	12	,	,	PUNCT
ftr-441	1308	13	for	for	ADP
ftr-441	1308	14	example	example	NOUN
ftr-441	1308	15	,	,	PUNCT
ftr-441	1308	16	to	to	PART
ftr-441	1308	17	facilitate	facilitate	VERB
ftr-441	1308	18	a	a	DET
ftr-441	1308	19	future	future	ADJ
ftr-441	1308	20	tax	tax	NOUN
ftr-441	1308	21	-	-	PUNCT
ftr-441	1308	22	free	free	ADJ
ftr-441	1308	23	reorganization	reorganization	NOUN
ftr-441	1308	24	with	with	ADP
ftr-441	1308	25	a	a	DET
ftr-441	1308	26	subchapter	subchapter	NOUN
ftr-441	1308	27	c	c	NOUN
ftr-441	1308	28	corporation	corporation	NOUN
ftr-441	1308	29	.	.	PUNCT
ftr-441	1308	30	)	)	PUNCT
ftr-441	1308	31	to	to	ADP
ftr-441	1308	32	date	date	NOUN
ftr-441	1308	33	,	,	PUNCT
ftr-441	1308	34	however	however	ADV
ftr-441	1308	35	,	,	PUNCT
ftr-441	1308	36	no	no	DET
ftr-441	1308	37	guidance	guidance	NOUN
ftr-441	1308	38	has	have	AUX
ftr-441	1308	39	been	be	AUX
ftr-441	1308	40	issued	issue	VERB
ftr-441	1308	41	.	.	PUNCT
ftr-441	1309	1	79	79	NUM
ftr-441	1309	2	in	in	ADP
ftr-441	1309	3	the	the	DET
ftr-441	1309	4	absence	absence	NOUN
ftr-441	1309	5	of	of	ADP
ftr-441	1309	6	such	such	ADJ
ftr-441	1309	7	guidance	guidance	NOUN
ftr-441	1309	8	,	,	PUNCT
ftr-441	1309	9	the	the	DET
ftr-441	1309	10	spbf	spbf	ADJ
ftr-441	1309	11	proposals	proposal	NOUN
ftr-441	1309	12	dictate	dictate	VERB
ftr-441	1309	13	restrictions	restriction	NOUN
ftr-441	1309	14	on	on	ADP
ftr-441	1309	15	the	the	DET
ftr-441	1309	16	terms	term	NOUN
ftr-441	1309	17	of	of	ADP
ftr-441	1309	18	the	the	DET
ftr-441	1309	19	ownership	ownership	NOUN
ftr-441	1309	20	interests	interest	NOUN
ftr-441	1309	21	of	of	ADP
ftr-441	1309	22	an	an	DET
ftr-441	1309	23	unincorporated	unincorporated	ADJ
ftr-441	1309	24	firm	firm	NOUN
ftr-441	1309	25	to	to	PART
ftr-441	1309	26	follow	follow	VERB
ftr-441	1309	27	closely	closely	ADV
ftr-441	1309	28	the	the	DET
ftr-441	1309	29	normal	normal	ADJ
ftr-441	1309	30	consequences	consequence	NOUN
ftr-441	1309	31	in	in	ADP
ftr-441	1309	32	the	the	DET
ftr-441	1309	33	corporate	corporate	ADJ
ftr-441	1309	34	context	context	NOUN
ftr-441	1309	35	.	.	PUNCT
ftr-441	1310	1	thus	thus	ADV
ftr-441	1310	2	,	,	PUNCT
ftr-441	1310	3	an	an	DET
ftr-441	1310	4	spbf	spbf	NOUN
ftr-441	1310	5	may	may	AUX
ftr-441	1310	6	have	have	VERB
ftr-441	1310	7	only	only	ADV
ftr-441	1310	8	a	a	DET
ftr-441	1310	9	single	single	ADJ
ftr-441	1310	10	class	class	NOUN
ftr-441	1310	11	of	of	ADP
ftr-441	1310	12	residual	residual	ADJ
ftr-441	1310	13	ownership	ownership	NOUN
ftr-441	1310	14	interests	interest	NOUN
ftr-441	1310	15	and	and	CCONJ
ftr-441	1310	16	each	each	DET
ftr-441	1310	17	such	such	ADJ
ftr-441	1310	18	interest	interest	NOUN
ftr-441	1310	19	must	must	AUX
ftr-441	1310	20	provide	provide	VERB
ftr-441	1310	21	the	the	DET
ftr-441	1310	22	holder	holder	NOUN
ftr-441	1310	23	with	with	ADP
ftr-441	1310	24	identical	identical	ADJ
ftr-441	1310	25	rights	right	NOUN
ftr-441	1310	26	with	with	ADP
ftr-441	1310	27	respect	respect	NOUN
ftr-441	1310	28	to	to	ADP
ftr-441	1310	29	the	the	DET
ftr-441	1310	30	income	income	NOUN
ftr-441	1310	31	,	,	PUNCT
ftr-441	1310	32	loss	loss	NOUN
ftr-441	1310	33	,	,	PUNCT
ftr-441	1310	34	distributions	distribution	NOUN
ftr-441	1310	35	,	,	PUNCT
ftr-441	1310	36	and	and	CCONJ
ftr-441	1310	37	liquidation	liquidation	NOUN
ftr-441	1310	38	proceeds	proceed	NOUN
ftr-441	1310	39	of	of	ADP
ftr-441	1310	40	the	the	DET
ftr-441	1310	41	spbf	spbf	NOUN
ftr-441	1310	42	.	.	PUNCT
ftr-441	1311	1	all	all	DET
ftr-441	1311	2	tax	tax	NOUN
ftr-441	1311	3	items	item	NOUN
ftr-441	1311	4	(	(	PUNCT
ftr-441	1311	5	other	other	ADJ
ftr-441	1311	6	than	than	ADP
ftr-441	1311	7	income	income	NOUN
ftr-441	1311	8	allocated	allocate	VERB
ftr-441	1311	9	to	to	ADP
ftr-441	1311	10	preferred	preferred	ADJ
ftr-441	1311	11	interest	interest	NOUN
ftr-441	1311	12	holders	holder	NOUN
ftr-441	1311	13	,	,	PUNCT
ftr-441	1311	14	described	describe	VERB
ftr-441	1311	15	shortly	shortly	ADV
ftr-441	1311	16	)	)	PUNCT
ftr-441	1311	17	must	must	AUX
ftr-441	1311	18	be	be	AUX
ftr-441	1311	19	allocated	allocate	VERB
ftr-441	1311	20	in	in	ADP
ftr-441	1311	21	a	a	DET
ftr-441	1311	22	"	"	PUNCT
ftr-441	1311	23	straight	straight	ADJ
ftr-441	1311	24	-	-	PUNCT
ftr-441	1311	25	up	up	NOUN
ftr-441	1311	26	"	"	PUNCT
ftr-441	1311	27	manner	manner	NOUN
ftr-441	1311	28	in	in	ADP
ftr-441	1311	29	accordance	accordance	NOUN
ftr-441	1311	30	with	with	ADP
ftr-441	1311	31	the	the	DET
ftr-441	1311	32	per	per	ADP
ftr-441	1311	33	-	-	PUNCT
ftr-441	1311	34	day	day	NOUN
ftr-441	1311	35	,	,	PUNCT
ftr-441	1311	36	percentage	percentage	NOUN
ftr-441	1311	37	share	share	NOUN
ftr-441	1311	38	of	of	ADP
ftr-441	1311	39	the	the	DET
ftr-441	1311	40	owner	owner	NOUN
ftr-441	1311	41	in	in	ADP
ftr-441	1311	42	the	the	DET
ftr-441	1311	43	residual	residual	ADJ
ftr-441	1311	44	class	class	NOUN
ftr-441	1311	45	of	of	ADP
ftr-441	1311	46	interests	interest	NOUN
ftr-441	1311	47	.	.	PUNCT
ftr-441	1312	1	a	a	DET
ftr-441	1312	2	change	change	NOUN
ftr-441	1312	3	in	in	ADP
ftr-441	1312	4	interest	interest	NOUN
ftr-441	1312	5	may	may	AUX
ftr-441	1312	6	occur	occur	VERB
ftr-441	1312	7	only	only	ADV
ftr-441	1312	8	upon	upon	SCONJ
ftr-441	1312	9	a	a	DET
ftr-441	1312	10	contribution	contribution	NOUN
ftr-441	1312	11	,	,	PUNCT
ftr-441	1312	12	a	a	DET
ftr-441	1312	13	partial	partial	ADJ
ftr-441	1312	14	or	or	CCONJ
ftr-441	1312	15	complete	complete	ADJ
ftr-441	1312	16	redemption	redemption	NOUN
ftr-441	1312	17	of	of	ADP
ftr-441	1312	18	an	an	DET
ftr-441	1312	19	owner	owner	NOUN
ftr-441	1312	20	's	's	PART
ftr-441	1312	21	interest	interest	NOUN
ftr-441	1312	22	,	,	PUNCT
ftr-441	1312	23	or	or	CCONJ
ftr-441	1312	24	the	the	DET
ftr-441	1312	25	purchase	purchase	NOUN
ftr-441	1312	26	and	and	CCONJ
ftr-441	1312	27	sale	sale	NOUN
ftr-441	1312	28	of	of	ADP
ftr-441	1312	29	interests	interest	NOUN
ftr-441	1312	30	by	by	ADP
ftr-441	1312	31	the	the	DET
ftr-441	1312	32	owners	owner	NOUN
ftr-441	1312	33	.	.	PUNCT
ftr-441	1313	1	finally	finally	ADV
ftr-441	1313	2	,	,	PUNCT
ftr-441	1313	3	changes	change	NOUN
ftr-441	1313	4	in	in	ADP
ftr-441	1313	5	interests	interest	NOUN
ftr-441	1313	6	may	may	AUX
ftr-441	1313	7	have	have	VERB
ftr-441	1313	8	prospective	prospective	ADJ
ftr-441	1313	9	effect	effect	NOUN
ftr-441	1313	10	only	only	ADV
ftr-441	1313	11	.	.	PUNCT
ftr-441	1314	1	obviously	obviously	ADV
ftr-441	1314	2	,	,	PUNCT
ftr-441	1314	3	these	these	DET
ftr-441	1314	4	limitations	limitation	NOUN
ftr-441	1314	5	may	may	AUX
ftr-441	1314	6	be	be	AUX
ftr-441	1314	7	too	too	ADV
ftr-441	1314	8	restrictive	restrictive	ADJ
ftr-441	1314	9	,	,	PUNCT
ftr-441	1314	10	and	and	CCONJ
ftr-441	1314	11	may	may	AUX
ftr-441	1314	12	unnecessarily	unnecessarily	ADV
ftr-441	1314	13	undermine	undermine	VERB
ftr-441	1314	14	the	the	DET
ftr-441	1314	15	appeal	appeal	NOUN
ftr-441	1314	16	of	of	ADP
ftr-441	1314	17	the	the	DET
ftr-441	1314	18	spbf	spbf	ADJ
ftr-441	1314	19	option	option	NOUN
ftr-441	1314	20	.	.	PUNCT
ftr-441	1315	1	for	for	ADP
ftr-441	1315	2	example	example	NOUN
ftr-441	1315	3	,	,	PUNCT
ftr-441	1315	4	they	they	PRON
ftr-441	1315	5	might	might	AUX
ftr-441	1315	6	seem	seem	VERB
ftr-441	1315	7	to	to	PART
ftr-441	1315	8	preclude	preclude	VERB
ftr-441	1315	9	the	the	DET
ftr-441	1315	10	common	common	ADJ
ftr-441	1315	11	"	"	PUNCT
ftr-441	1315	12	money	money	NOUN
ftr-441	1315	13	-	-	PUNCT
ftr-441	1315	14	and	and	CCONJ
ftr-441	1315	15	-	-	PUNCT
ftr-441	1315	16	brains	brain	NOUN
ftr-441	1315	17	"	"	PUNCT
ftr-441	1315	18	venture	venture	NOUN
ftr-441	1315	19	where	where	SCONJ
ftr-441	1315	20	one	one	NUM
ftr-441	1315	21	or	or	CCONJ
ftr-441	1315	22	more	more	ADJ
ftr-441	1315	23	persons	person	NOUN
ftr-441	1315	24	supply	supply	VERB
ftr-441	1315	25	all	all	PRON
ftr-441	1315	26	of	of	ADP
ftr-441	1315	27	the	the	DET
ftr-441	1315	28	capital	capital	NOUN
ftr-441	1315	29	needs	need	NOUN
ftr-441	1315	30	of	of	ADP
ftr-441	1315	31	the	the	DET
ftr-441	1315	32	firm	firm	ADJ
ftr-441	1315	33	and	and	CCONJ
ftr-441	1315	34	other	other	ADJ
ftr-441	1315	35	persons	person	NOUN
ftr-441	1315	36	provide	provide	VERB
ftr-441	1315	37	services	service	NOUN
ftr-441	1315	38	in	in	ADP
ftr-441	1315	39	exchange	exchange	NOUN
ftr-441	1315	40	for	for	ADP
ftr-441	1315	41	a	a	DET
ftr-441	1315	42	profits	profit	NOUN
ftr-441	1315	43	only	only	ADV
ftr-441	1315	44	interest	interest	NOUN
ftr-441	1315	45	.	.	PUNCT
ftr-441	1316	1	in	in	ADP
ftr-441	1316	2	fact	fact	NOUN
ftr-441	1316	3	,	,	PUNCT
ftr-441	1316	4	it	it	PRON
ftr-441	1316	5	may	may	AUX
ftr-441	1316	6	be	be	AUX
ftr-441	1316	7	possible	possible	ADJ
ftr-441	1316	8	to	to	PART
ftr-441	1316	9	accommodate	accommodate	VERB
ftr-441	1316	10	that	that	SCONJ
ftr-441	1316	11	arrangement	arrangement	NOUN
ftr-441	1316	12	and	and	CCONJ
ftr-441	1316	13	others	other	NOUN
ftr-441	1316	14	in	in	ADP
ftr-441	1316	15	the	the	DET
ftr-441	1316	16	spbf	spbf	ADJ
ftr-441	1316	17	system	system	NOUN
ftr-441	1316	18	(	(	PUNCT
ftr-441	1316	19	as	as	ADP
ftr-441	1316	20	177	177	NUM
ftr-441	1316	21	.	.	PUNCT
ftr-441	1317	1	the	the	DET
ftr-441	1317	2	term	term	NOUN
ftr-441	1317	3	"	"	PUNCT
ftr-441	1317	4	profits	profit	VERB
ftr-441	1317	5	only	only	ADV
ftr-441	1317	6	"	"	PUNCT
ftr-441	1317	7	interest	interest	NOUN
ftr-441	1317	8	merely	merely	ADV
ftr-441	1317	9	signifies	signify	VERB
ftr-441	1317	10	the	the	DET
ftr-441	1317	11	absence	absence	NOUN
ftr-441	1317	12	of	of	ADP
ftr-441	1317	13	a	a	DET
ftr-441	1317	14	capital	capital	NOUN
ftr-441	1317	15	interest	interest	NOUN
ftr-441	1317	16	in	in	ADP
ftr-441	1317	17	the	the	DET
ftr-441	1317	18	firm	firm	NOUN
ftr-441	1317	19	.	.	PUNCT
ftr-441	1318	1	a	a	DET
ftr-441	1318	2	"	"	PUNCT
ftr-441	1318	3	profits	profit	NOUN
ftr-441	1318	4	only	only	ADV
ftr-441	1318	5	"	"	PUNCT
ftr-441	1318	6	partner	partner	NOUN
ftr-441	1318	7	may	may	AUX
ftr-441	1318	8	or	or	CCONJ
ftr-441	1318	9	may	may	AUX
ftr-441	1318	10	not	not	PART
ftr-441	1318	11	share	share	VERB
ftr-441	1318	12	in	in	ADP
ftr-441	1318	13	the	the	DET
ftr-441	1318	14	losses	loss	NOUN
ftr-441	1318	15	of	of	ADP
ftr-441	1318	16	the	the	DET
ftr-441	1318	17	firm	firm	NOUN
ftr-441	1318	18	.	.	PUNCT
ftr-441	1319	1	178	178	NUM
ftr-441	1319	2	.	.	PUNCT
ftr-441	1320	1	see	see	VERB
ftr-441	1320	2	regs	reg	NOUN
ftr-441	1320	3	.	.	PUNCT
ftr-441	1321	1	§	§	PROPN
ftr-441	1321	2	301.7701	301.7701	NUM
ftr-441	1321	3	-	-	SYM
ftr-441	1321	4	3(a	3(a	NUM
ftr-441	1321	5	)	)	PUNCT
ftr-441	1321	6	;	;	PUNCT
ftr-441	1321	7	staff	staff	NOUN
ftr-441	1321	8	of	of	ADP
ftr-441	1321	9	the	the	DET
ftr-441	1321	10	joint	joint	ADJ
ftr-441	1321	11	comm	comm	NOUN
ftr-441	1321	12	.	.	PUNCT
ftr-441	1322	1	on	on	ADP
ftr-441	1322	2	tax'n	tax'n	NOUN
ftr-441	1322	3	,	,	PUNCT
ftr-441	1322	4	105th	105th	ADJ
ftr-441	1322	5	cong	cong	NOUN
ftr-441	1322	6	.	.	PUNCT
ftr-441	1322	7	,	,	PUNCT
ftr-441	1322	8	review	review	NOUN
ftr-441	1322	9	of	of	ADP
ftr-441	1322	10	selected	select	VERB
ftr-441	1322	11	entity	entity	NOUN
ftr-441	1322	12	classification	classification	NOUN
ftr-441	1322	13	and	and	CCONJ
ftr-441	1322	14	partnership	partnership	NOUN
ftr-441	1322	15	tax	tax	NOUN
ftr-441	1322	16	issues	issue	NOUN
ftr-441	1322	17	,	,	PUNCT
ftr-441	1322	18	24	24	NUM
ftr-441	1322	19	n.48	n.48	PROPN
ftr-441	1322	20	(	(	PUNCT
ftr-441	1322	21	comm	comm	NOUN
ftr-441	1322	22	.	.	PUNCT
ftr-441	1323	1	print	print	NOUN
ftr-441	1323	2	1997	1997	NUM
ftr-441	1323	3	)	)	PUNCT
ftr-441	1323	4	.	.	PUNCT
ftr-441	1324	1	179	179	NUM
ftr-441	1324	2	.	.	PUNCT
ftr-441	1325	1	priv	priv	NOUN
ftr-441	1325	2	.	.	PUNCT
ftr-441	1326	1	ltr	ltr	PROPN
ftr-441	1326	2	.	.	PUNCT
ftr-441	1326	3	rul	rul	PROPN
ftr-441	1326	4	.	.	PUNCT
ftr-441	1327	1	96	96	NUM
ftr-441	1327	2	-	-	SYM
ftr-441	1327	3	36	36	NUM
ftr-441	1327	4	-	-	NUM
ftr-441	1327	5	007	007	NUM
ftr-441	1327	6	(	(	PUNCT
ftr-441	1327	7	may	may	PROPN
ftr-441	1327	8	30	30	NUM
ftr-441	1327	9	,	,	PUNCT
ftr-441	1327	10	1996	1996	NUM
ftr-441	1327	11	)	)	PUNCT
ftr-441	1327	12	involved	involve	VERB
ftr-441	1327	13	the	the	DET
ftr-441	1327	14	transfer	transfer	NOUN
ftr-441	1327	15	of	of	ADP
ftr-441	1327	16	all	all	PRON
ftr-441	1327	17	of	of	ADP
ftr-441	1327	18	the	the	DET
ftr-441	1327	19	assets	asset	NOUN
ftr-441	1327	20	and	and	CCONJ
ftr-441	1327	21	liabilities	liability	NOUN
ftr-441	1327	22	of	of	ADP
ftr-441	1327	23	an	an	DET
ftr-441	1327	24	s	s	NOUN
ftr-441	1327	25	corporation	corporation	NOUN
ftr-441	1327	26	to	to	ADP
ftr-441	1327	27	an	an	DET
ftr-441	1327	28	llc	llc	NOUN
ftr-441	1327	29	classified	classify	VERB
ftr-441	1327	30	as	as	ADP
ftr-441	1327	31	a	a	DET
ftr-441	1327	32	corporation	corporation	NOUN
ftr-441	1327	33	for	for	ADP
ftr-441	1327	34	tax	tax	NOUN
ftr-441	1327	35	purposes	purpose	NOUN
ftr-441	1327	36	under	under	ADP
ftr-441	1327	37	the	the	DET
ftr-441	1327	38	prior	prior	ADJ
ftr-441	1327	39	version	version	NOUN
ftr-441	1327	40	of	of	ADP
ftr-441	1327	41	the	the	DET
ftr-441	1327	42	classification	classification	NOUN
ftr-441	1327	43	regulations	regulation	NOUN
ftr-441	1327	44	.	.	PUNCT
ftr-441	1328	1	the	the	DET
ftr-441	1328	2	service	service	NOUN
ftr-441	1328	3	held	hold	VERB
ftr-441	1328	4	that	that	SCONJ
ftr-441	1328	5	if	if	SCONJ
ftr-441	1328	6	the	the	DET
ftr-441	1328	7	transaction	transaction	NOUN
ftr-441	1328	8	qualifies	qualify	VERB
ftr-441	1328	9	as	as	ADP
ftr-441	1328	10	an	an	DET
ftr-441	1328	11	"	"	PUNCT
ftr-441	1328	12	f	f	NOUN
ftr-441	1328	13	'	'	PUNCT
ftr-441	1328	14	reorganization	reorganization	NOUN
ftr-441	1328	15	and	and	CCONJ
ftr-441	1328	16	ff	ff	NOUN
ftr-441	1328	17	the	the	DET
ftr-441	1328	18	llc	llc	NOUN
ftr-441	1328	19	meets	meet	VERB
ftr-441	1328	20	the	the	DET
ftr-441	1328	21	requirements	requirement	NOUN
ftr-441	1328	22	of	of	ADP
ftr-441	1328	23	an	an	DET
ftr-441	1328	24	s	s	NOUN
ftr-441	1328	25	corporation	corporation	NOUN
ftr-441	1328	26	,	,	PUNCT
ftr-441	1328	27	the	the	DET
ftr-441	1328	28	transaction	transaction	NOUN
ftr-441	1328	29	would	would	AUX
ftr-441	1328	30	not	not	PART
ftr-441	1328	31	terminate	terminate	VERB
ftr-441	1328	32	the	the	DET
ftr-441	1328	33	transferor	transferor	NOUN
ftr-441	1328	34	's	's	PART
ftr-441	1328	35	s	s	NOUN
ftr-441	1328	36	election	election	NOUN
ftr-441	1328	37	and	and	CCONJ
ftr-441	1328	38	such	such	ADJ
ftr-441	1328	39	election	election	NOUN
ftr-441	1328	40	would	would	AUX
ftr-441	1328	41	apply	apply	VERB
ftr-441	1328	42	to	to	ADP
ftr-441	1328	43	the	the	DET
ftr-441	1328	44	surviving	survive	VERB
ftr-441	1328	45	entity	entity	NOUN
ftr-441	1328	46	.	.	PUNCT
ftr-441	1329	1	the	the	DET
ftr-441	1329	2	ruling	ruling	NOUN
ftr-441	1329	3	did	do	AUX
ftr-441	1329	4	not	not	PART
ftr-441	1329	5	specify	specify	VERB
ftr-441	1329	6	what	what	PRON
ftr-441	1329	7	the	the	DET
ftr-441	1329	8	llc	llc	PROPN
ftr-441	1329	9	would	would	AUX
ftr-441	1329	10	need	need	VERB
ftr-441	1329	11	to	to	PART
ftr-441	1329	12	do	do	VERB
ftr-441	1329	13	in	in	ADP
ftr-441	1329	14	order	order	NOUN
ftr-441	1329	15	to	to	PART
ftr-441	1329	16	meet	meet	VERB
ftr-441	1329	17	the	the	DET
ftr-441	1329	18	requirements	requirement	NOUN
ftr-441	1329	19	of	of	ADP
ftr-441	1329	20	an	an	DET
ftr-441	1329	21	s	s	NOUN
ftr-441	1329	22	corporation	corporation	NOUN
ftr-441	1329	23	.	.	PUNCT
ftr-441	1330	1	[	[	X
ftr-441	1330	2	vol	vol	NOUN
ftr-441	1330	3	4:3	4:3	NUM
ftr-441	1330	4	the	the	DET
ftr-441	1330	5	future	future	ADJ
ftr-441	1330	6	taxation	taxation	NOUN
ftr-441	1330	7	of	of	ADP
ftr-441	1330	8	private	private	ADJ
ftr-441	1330	9	business	business	NOUN
ftr-441	1330	10	firms	firm	NOUN
ftr-441	1330	11	they	they	PRON
ftr-441	1330	12	are	be	AUX
ftr-441	1330	13	accommodated	accommodate	VERB
ftr-441	1330	14	in	in	ADP
ftr-441	1330	15	subchapter	subchapter	NOUN
ftr-441	1330	16	s	s	NOUN
ftr-441	1330	17	)	)	PUNCT
ftr-441	1330	18	through	through	ADP
ftr-441	1330	19	the	the	DET
ftr-441	1330	20	use	use	NOUN
ftr-441	1330	21	of	of	ADP
ftr-441	1330	22	salary	salary	NOUN
ftr-441	1330	23	payments	payment	NOUN
ftr-441	1330	24	,	,	PUNCT
ftr-441	1330	25	deferred	deferred	ADJ
ftr-441	1330	26	compensation	compensation	NOUN
ftr-441	1330	27	,	,	PUNCT
ftr-441	1330	28	"	"	PUNCT
ftr-441	1330	29	'	'	PUNCT
ftr-441	1330	30	options	option	NOUN
ftr-441	1330	31	,	,	PUNCT
ftr-441	1330	32	"	"	PUNCT
ftr-441	1330	33	'	'	PUNCT
ftr-441	1330	34	restricted	restrict	VERB
ftr-441	1330	35	stock,"8	stock,"8	VERB
ftr-441	1330	36	straight	straight	ADJ
ftr-441	1330	37	debt	debt	NOUN
ftr-441	1330	38	,	,	PUNCT
ftr-441	1330	39	183	183	NUM
ftr-441	1330	40	and	and	CCONJ
ftr-441	1330	41	preferred	preferred	ADJ
ftr-441	1330	42	interests	interest	NOUN
ftr-441	1330	43	(	(	PUNCT
ftr-441	1330	44	described	describe	VERB
ftr-441	1330	45	below	below	ADP
ftr-441	1330	46	)	)	PUNCT
ftr-441	1330	47	.	.	PUNCT
ftr-441	1331	1	to	to	PART
ftr-441	1331	2	provide	provide	VERB
ftr-441	1331	3	flexibility	flexibility	NOUN
ftr-441	1331	4	beyond	beyond	ADP
ftr-441	1331	5	these	these	DET
ftr-441	1331	6	forms	form	NOUN
ftr-441	1331	7	would	would	AUX
ftr-441	1331	8	seem	seem	VERB
ftr-441	1331	9	to	to	PART
ftr-441	1331	10	result	result	VERB
ftr-441	1331	11	in	in	ADP
ftr-441	1331	12	the	the	DET
ftr-441	1331	13	undesirable	undesirable	ADJ
ftr-441	1331	14	introduction	introduction	NOUN
ftr-441	1331	15	of	of	ADP
ftr-441	1331	16	complexity	complexity	NOUN
ftr-441	1331	17	into	into	ADP
ftr-441	1331	18	the	the	DET
ftr-441	1331	19	spbf	spbf	ADJ
ftr-441	1331	20	system	system	NOUN
ftr-441	1331	21	,	,	PUNCT
ftr-441	1331	22	such	such	ADJ
ftr-441	1331	23	as	as	ADP
ftr-441	1331	24	a	a	DET
ftr-441	1331	25	required	require	VERB
ftr-441	1331	26	maintenance	maintenance	NOUN
ftr-441	1331	27	of	of	ADP
ftr-441	1331	28	capital	capital	NOUN
ftr-441	1331	29	accounts.184	accounts.184	PROPN
ftr-441	1331	30	b.	b.	PROPN
ftr-441	1331	31	preferred	prefer	VERB
ftr-441	1331	32	interests.-the	interests.-the	PRON
ftr-441	1331	33	proposal	proposal	NOUN
ftr-441	1331	34	,	,	PUNCT
ftr-441	1331	35	however	however	ADV
ftr-441	1331	36	,	,	PUNCT
ftr-441	1331	37	does	do	AUX
ftr-441	1331	38	allow	allow	VERB
ftr-441	1331	39	an	an	DET
ftr-441	1331	40	spbf	spbf	NOUN
ftr-441	1331	41	to	to	PART
ftr-441	1331	42	issue	issue	VERB
ftr-441	1331	43	limited	limited	ADJ
ftr-441	1331	44	classes	class	NOUN
ftr-441	1331	45	of	of	ADP
ftr-441	1331	46	preferred	preferred	ADJ
ftr-441	1331	47	interests	interest	NOUN
ftr-441	1331	48	.	.	PUNCT
ftr-441	1332	1	in	in	ADP
ftr-441	1332	2	effect	effect	NOUN
ftr-441	1332	3	,	,	PUNCT
ftr-441	1332	4	this	this	PRON
ftr-441	1332	5	permits	permit	VERB
ftr-441	1332	6	a	a	DET
ftr-441	1332	7	narrow	narrow	ADJ
ftr-441	1332	8	form	form	NOUN
ftr-441	1332	9	of	of	ADP
ftr-441	1332	10	special	special	ADJ
ftr-441	1332	11	allocation	allocation	NOUN
ftr-441	1332	12	-	-	PUNCT
ftr-441	1332	13	a	a	DET
ftr-441	1332	14	preferred	preferred	ADJ
ftr-441	1332	15	allocation	allocation	NOUN
ftr-441	1332	16	of	of	ADP
ftr-441	1332	17	income	income	NOUN
ftr-441	1332	18	to	to	ADP
ftr-441	1332	19	one	one	NUM
ftr-441	1332	20	or	or	CCONJ
ftr-441	1332	21	more	more	ADJ
ftr-441	1332	22	classes	class	NOUN
ftr-441	1332	23	of	of	ADP
ftr-441	1332	24	owners	owner	NOUN
ftr-441	1332	25	.	.	PUNCT
ftr-441	1333	1	permissible	permissible	ADJ
ftr-441	1333	2	preferred	preferred	ADJ
ftr-441	1333	3	interests	interest	NOUN
ftr-441	1333	4	provide	provide	VERB
ftr-441	1333	5	income	income	NOUN
ftr-441	1333	6	preferences	preference	NOUN
ftr-441	1333	7	only	only	ADV
ftr-441	1333	8	which	which	PRON
ftr-441	1333	9	are	be	AUX
ftr-441	1333	10	fixed	fix	VERB
ftr-441	1333	11	and	and	CCONJ
ftr-441	1333	12	limited	limit	VERB
ftr-441	1333	13	to	to	ADP
ftr-441	1333	14	the	the	DET
ftr-441	1333	15	earnings	earning	NOUN
ftr-441	1333	16	of	of	ADP
ftr-441	1333	17	the	the	DET
ftr-441	1333	18	firm	firm	NOUN
ftr-441	1333	19	,	,	PUNCT
ftr-441	1333	20	are	be	AUX
ftr-441	1333	21	not	not	PART
ftr-441	1333	22	convertible	convertible	ADJ
ftr-441	1333	23	into	into	ADP
ftr-441	1333	24	any	any	DET
ftr-441	1333	25	other	other	ADJ
ftr-441	1333	26	interest	interest	NOUN
ftr-441	1333	27	of	of	ADP
ftr-441	1333	28	the	the	DET
ftr-441	1333	29	firm	firm	NOUN
ftr-441	1333	30	,	,	PUNCT
ftr-441	1333	31	and	and	CCONJ
ftr-441	1333	32	do	do	AUX
ftr-441	1333	33	not	not	PART
ftr-441	1333	34	provide	provide	VERB
ftr-441	1333	35	for	for	ADP
ftr-441	1333	36	redemption	redemption	NOUN
ftr-441	1333	37	or	or	CCONJ
ftr-441	1333	38	liquidation	liquidation	NOUN
ftr-441	1333	39	rights	right	NOUN
ftr-441	1333	40	in	in	ADP
ftr-441	1333	41	excess	excess	NOUN
ftr-441	1333	42	of	of	ADP
ftr-441	1333	43	the	the	DET
ftr-441	1333	44	issue	issue	NOUN
ftr-441	1333	45	price	price	NOUN
ftr-441	1333	46	of	of	ADP
ftr-441	1333	47	the	the	DET
ftr-441	1333	48	interest	interest	NOUN
ftr-441	1333	49	.	.	PUNCT
ftr-441	1334	1	a	a	DET
ftr-441	1334	2	preferred	preferred	ADJ
ftr-441	1334	3	interest	interest	NOUN
ftr-441	1334	4	generally	generally	ADV
ftr-441	1334	5	lies	lie	VERB
ftr-441	1334	6	on	on	ADP
ftr-441	1334	7	the	the	DET
ftr-441	1334	8	border	border	NOUN
ftr-441	1334	9	between	between	ADP
ftr-441	1334	10	an	an	DET
ftr-441	1334	11	equity	equity	NOUN
ftr-441	1334	12	interest	interest	NOUN
ftr-441	1334	13	and	and	CCONJ
ftr-441	1334	14	debt	debt	NOUN
ftr-441	1334	15	.	.	PUNCT
ftr-441	1335	1	for	for	ADP
ftr-441	1335	2	the	the	DET
ftr-441	1335	3	most	most	ADJ
ftr-441	1335	4	part	part	NOUN
ftr-441	1335	5	,	,	PUNCT
ftr-441	1335	6	in	in	ADP
ftr-441	1335	7	an	an	DET
ftr-441	1335	8	spbf	spbf	NOUN
ftr-441	1335	9	,	,	PUNCT
ftr-441	1335	10	the	the	DET
ftr-441	1335	11	need	need	NOUN
ftr-441	1335	12	to	to	PART
ftr-441	1335	13	distinguish	distinguish	VERB
ftr-441	1335	14	between	between	ADP
ftr-441	1335	15	equity	equity	NOUN
ftr-441	1335	16	and	and	CCONJ
ftr-441	1335	17	debt	debt	NOUN
ftr-441	1335	18	is	be	AUX
ftr-441	1335	19	not	not	PART
ftr-441	1335	20	great	great	ADJ
ftr-441	1335	21	,	,	PUNCT
ftr-441	1335	22	particularly	particularly	ADV
ftr-441	1335	23	when	when	SCONJ
ftr-441	1335	24	the	the	DET
ftr-441	1335	25	holder	holder	NOUN
ftr-441	1335	26	of	of	ADP
ftr-441	1335	27	the	the	DET
ftr-441	1335	28	interest	interest	NOUN
ftr-441	1335	29	is	be	AUX
ftr-441	1335	30	viewed	view	VERB
ftr-441	1335	31	as	as	ADP
ftr-441	1335	32	an	an	DET
ftr-441	1335	33	owner	owner	NOUN
ftr-441	1335	34	of	of	ADP
ftr-441	1335	35	the	the	DET
ftr-441	1335	36	enterprise	enterprise	NOUN
ftr-441	1335	37	in	in	ADP
ftr-441	1335	38	any	any	DET
ftr-441	1335	39	event	event	NOUN
ftr-441	1335	40	.	.	PUNCT
ftr-441	1336	1	the	the	DET
ftr-441	1336	2	preferred	preferred	ADJ
ftr-441	1336	3	interest	interest	NOUN
ftr-441	1336	4	simply	simply	ADV
ftr-441	1336	5	allocates	allocate	VERB
ftr-441	1336	6	part	part	NOUN
ftr-441	1336	7	of	of	ADP
ftr-441	1336	8	the	the	DET
ftr-441	1336	9	income	income	NOUN
ftr-441	1336	10	of	of	ADP
ftr-441	1336	11	the	the	DET
ftr-441	1336	12	firm	firm	NOUN
ftr-441	1336	13	to	to	ADP
ftr-441	1336	14	one	one	NUM
ftr-441	1336	15	class	class	NOUN
ftr-441	1336	16	of	of	ADP
ftr-441	1336	17	owner	owner	NOUN
ftr-441	1336	18	,	,	PUNCT
ftr-441	1336	19	thereby	thereby	ADV
ftr-441	1336	20	allocating	allocate	VERB
ftr-441	1336	21	it	it	PRON
ftr-441	1336	22	away	away	ADV
ftr-441	1336	23	from	from	ADP
ftr-441	1336	24	other	other	ADJ
ftr-441	1336	25	owners	owner	NOUN
ftr-441	1336	26	.	.	PUNCT
ftr-441	1337	1	ultimately	ultimately	ADV
ftr-441	1337	2	,	,	PUNCT
ftr-441	1337	3	all	all	DET
ftr-441	1337	4	the	the	DET
ftr-441	1337	5	income	income	NOUN
ftr-441	1337	6	of	of	ADP
ftr-441	1337	7	the	the	DET
ftr-441	1337	8	firm	firm	NOUN
ftr-441	1337	9	is	be	AUX
ftr-441	1337	10	taken	take	VERB
ftr-441	1337	11	into	into	ADP
ftr-441	1337	12	account	account	NOUN
ftr-441	1337	13	by	by	ADP
ftr-441	1337	14	its	its	PRON
ftr-441	1337	15	owners	owner	NOUN
ftr-441	1337	16	.	.	PUNCT
ftr-441	1338	1	whether	whether	SCONJ
ftr-441	1338	2	a	a	DET
ftr-441	1338	3	preferred	preferred	ADJ
ftr-441	1338	4	interest	interest	NOUN
ftr-441	1338	5	of	of	ADP
ftr-441	1338	6	an	an	DET
ftr-441	1338	7	spbf	spbf	NOUN
ftr-441	1338	8	is	be	AUX
ftr-441	1338	9	thought	think	VERB
ftr-441	1338	10	of	of	ADP
ftr-441	1338	11	as	as	ADP
ftr-441	1338	12	a	a	DET
ftr-441	1338	13	form	form	NOUN
ftr-441	1338	14	of	of	ADP
ftr-441	1338	15	debt	debt	NOUN
ftr-441	1338	16	or	or	CCONJ
ftr-441	1338	17	equity	equity	NOUN
ftr-441	1338	18	makes	make	VERB
ftr-441	1338	19	a	a	DET
ftr-441	1338	20	difference	difference	NOUN
ftr-441	1338	21	,	,	PUNCT
ftr-441	1338	22	though	though	ADV
ftr-441	1338	23	.	.	PUNCT
ftr-441	1339	1	strictly	strictly	ADV
ftr-441	1339	2	,	,	PUNCT
ftr-441	1339	3	holders	holder	NOUN
ftr-441	1339	4	of	of	ADP
ftr-441	1339	5	equity	equity	NOUN
ftr-441	1339	6	interests	interest	NOUN
ftr-441	1339	7	in	in	ADP
ftr-441	1339	8	a	a	DET
ftr-441	1339	9	business	business	NOUN
ftr-441	1339	10	taxable	taxable	ADJ
ftr-441	1339	11	as	as	ADP
ftr-441	1339	12	a	a	DET
ftr-441	1339	13	conduit	conduit	NOUN
ftr-441	1339	14	should	should	AUX
ftr-441	1339	15	be	be	AUX
ftr-441	1339	16	allocated	allocate	VERB
ftr-441	1339	17	income	income	NOUN
ftr-441	1339	18	whose	whose	DET
ftr-441	1339	19	character	character	NOUN
ftr-441	1339	20	is	be	AUX
ftr-441	1339	21	determined	determine	VERB
ftr-441	1339	22	at	at	ADP
ftr-441	1339	23	the	the	DET
ftr-441	1339	24	entity	entity	NOUN
ftr-441	1339	25	level	level	NOUN
ftr-441	1339	26	.	.	PUNCT
ftr-441	1340	1	however	however	ADV
ftr-441	1340	2	,	,	PUNCT
ftr-441	1340	3	if	if	SCONJ
ftr-441	1340	4	that	that	DET
ftr-441	1340	5	rule	rule	NOUN
ftr-441	1340	6	were	be	AUX
ftr-441	1340	7	applied	apply	VERB
ftr-441	1340	8	to	to	ADP
ftr-441	1340	9	preferred	preferred	ADJ
ftr-441	1340	10	interests	interest	NOUN
ftr-441	1340	11	,	,	PUNCT
ftr-441	1340	12	clever	clever	ADJ
ftr-441	1340	13	planning	planning	NOUN
ftr-441	1340	14	could	could	AUX
ftr-441	1340	15	convert	convert	VERB
ftr-441	1340	16	the	the	DET
ftr-441	1340	17	preferred	preferred	ADJ
ftr-441	1340	18	interest	interest	NOUN
ftr-441	1340	19	into	into	ADP
ftr-441	1340	20	a	a	DET
ftr-441	1340	21	special	special	ADJ
ftr-441	1340	22	item	item	NOUN
ftr-441	1340	23	allocation	allocation	NOUN
ftr-441	1340	24	.	.	PUNCT
ftr-441	1341	1	one	one	NUM
ftr-441	1341	2	preferred	preferred	ADJ
ftr-441	1341	3	class	class	NOUN
ftr-441	1341	4	could	could	AUX
ftr-441	1341	5	receive	receive	VERB
ftr-441	1341	6	the	the	DET
ftr-441	1341	7	first	first	ADJ
ftr-441	1341	8	$	$	SYM
ftr-441	1341	9	100,000	100,000	NUM
ftr-441	1341	10	of	of	ADP
ftr-441	1341	11	capital	capital	NOUN
ftr-441	1341	12	gain	gain	NOUN
ftr-441	1341	13	income	income	NOUN
ftr-441	1341	14	that	that	PRON
ftr-441	1341	15	happened	happen	VERB
ftr-441	1341	16	to	to	PART
ftr-441	1341	17	arise	arise	VERB
ftr-441	1341	18	in	in	ADP
ftr-441	1341	19	that	that	DET
ftr-441	1341	20	year	year	NOUN
ftr-441	1341	21	,	,	PUNCT
ftr-441	1341	22	another	another	DET
ftr-441	1341	23	class	class	NOUN
ftr-441	1341	24	could	could	AUX
ftr-441	1341	25	receive	receive	VERB
ftr-441	1341	26	the	the	DET
ftr-441	1341	27	first	first	ADJ
ftr-441	1341	28	$	$	SYM
ftr-441	1341	29	100,000	100,000	NUM
ftr-441	1341	30	of	of	ADP
ftr-441	1341	31	foreign	foreign	ADJ
ftr-441	1341	32	income	income	NOUN
ftr-441	1341	33	arising	arise	VERB
ftr-441	1341	34	in	in	ADP
ftr-441	1341	35	a	a	DET
ftr-441	1341	36	different	different	ADJ
ftr-441	1341	37	year	year	NOUN
ftr-441	1341	38	,	,	PUNCT
ftr-441	1341	39	etc	etc	X
ftr-441	1341	40	.	.	X
ftr-441	1342	1	therefore	therefore	ADV
ftr-441	1342	2	,	,	PUNCT
ftr-441	1342	3	the	the	DET
ftr-441	1342	4	proposal	proposal	NOUN
ftr-441	1342	5	allows	allow	VERB
ftr-441	1342	6	for	for	ADP
ftr-441	1342	7	a	a	DET
ftr-441	1342	8	preferred	preferred	ADJ
ftr-441	1342	9	interest	interest	NOUN
ftr-441	1342	10	which	which	PRON
ftr-441	1342	11	will	will	AUX
ftr-441	1342	12	receive	receive	VERB
ftr-441	1342	13	only	only	ADV
ftr-441	1342	14	an	an	DET
ftr-441	1342	15	allocation	allocation	NOUN
ftr-441	1342	16	of	of	ADP
ftr-441	1342	17	ordinary	ordinary	ADJ
ftr-441	1342	18	income	income	NOUN
ftr-441	1342	19	,	,	PUNCT
ftr-441	1342	20	with	with	ADP
ftr-441	1342	21	the	the	DET
ftr-441	1342	22	firm	firm	NOUN
ftr-441	1342	23	being	be	AUX
ftr-441	1342	24	entitled	entitle	VERB
ftr-441	1342	25	to	to	ADP
ftr-441	1342	26	the	the	DET
ftr-441	1342	27	equivalent	equivalent	NOUN
ftr-441	1342	28	of	of	ADP
ftr-441	1342	29	an	an	DET
ftr-441	1342	30	ordinary	ordinary	ADJ
ftr-441	1342	31	deduction	deduction	NOUN
ftr-441	1342	32	.	.	PUNCT
ftr-441	1343	1	thus	thus	ADV
ftr-441	1343	2	,	,	PUNCT
ftr-441	1343	3	the	the	DET
ftr-441	1343	4	allocation	allocation	NOUN
ftr-441	1343	5	of	of	ADP
ftr-441	1343	6	income	income	NOUN
ftr-441	1343	7	180	180	NUM
ftr-441	1343	8	.	.	PUNCT
ftr-441	1344	1	see	see	VERB
ftr-441	1344	2	regs	reg	NOUN
ftr-441	1344	3	.	.	PUNCT
ftr-441	1345	1	§	§	PROPN
ftr-441	1345	2	1.1361	1.1361	NUM
ftr-441	1345	3	-	-	SYM
ftr-441	1345	4	1(b)(4	1(b)(4	NUM
ftr-441	1345	5	)	)	PUNCT
ftr-441	1345	6	.	.	PUNCT
ftr-441	1346	1	181	181	X
ftr-441	1346	2	.	.	PUNCT
ftr-441	1347	1	see	see	VERB
ftr-441	1347	2	regs	reg	NOUN
ftr-441	1347	3	.	.	PUNCT
ftr-441	1348	1	§	§	PROPN
ftr-441	1348	2	l.1361	l.1361	NOUN
ftr-441	1348	3	-	-	PUNCT
ftr-441	1348	4	1()(4)(iii)(b)(2	1()(4)(iii)(b)(2	NUM
ftr-441	1348	5	)	)	PUNCT
ftr-441	1348	6	.	.	PUNCT
ftr-441	1349	1	182	182	NUM
ftr-441	1349	2	.	.	PUNCT
ftr-441	1350	1	see	see	VERB
ftr-441	1350	2	regs	reg	NOUN
ftr-441	1350	3	.	.	PUNCT
ftr-441	1351	1	§	§	PROPN
ftr-441	1351	2	1.1361	1.1361	NUM
ftr-441	1351	3	-	-	SYM
ftr-441	1351	4	1(b)(3	1(b)(3	NUM
ftr-441	1351	5	)	)	PUNCT
ftr-441	1351	6	.	.	PUNCT
ftr-441	1352	1	183	183	NUM
ftr-441	1352	2	.	.	PUNCT
ftr-441	1352	3	see	see	VERB
ftr-441	1352	4	irc	irc	PROPN
ftr-441	1352	5	§	§	PROPN
ftr-441	1352	6	1361(c)(5	1361(c)(5	NUM
ftr-441	1352	7	)	)	PUNCT
ftr-441	1352	8	.	.	PUNCT
ftr-441	1353	1	184	184	X
ftr-441	1353	2	.	.	PUNCT
ftr-441	1354	1	it	it	PRON
ftr-441	1354	2	is	be	AUX
ftr-441	1354	3	unclear	unclear	ADJ
ftr-441	1354	4	whether	whether	SCONJ
ftr-441	1354	5	capital	capital	NOUN
ftr-441	1354	6	accounts	account	NOUN
ftr-441	1354	7	might	might	AUX
ftr-441	1354	8	,	,	PUNCT
ftr-441	1354	9	in	in	ADP
ftr-441	1354	10	theory	theory	NOUN
ftr-441	1354	11	,	,	PUNCT
ftr-441	1354	12	already	already	ADV
ftr-441	1354	13	be	be	AUX
ftr-441	1354	14	required	require	VERB
ftr-441	1354	15	for	for	ADP
ftr-441	1354	16	subchapter	subchapter	NOUN
ftr-441	1354	17	s	s	PART
ftr-441	1354	18	corporations	corporation	NOUN
ftr-441	1354	19	.	.	PUNCT
ftr-441	1355	1	the	the	DET
ftr-441	1355	2	regulations	regulation	NOUN
ftr-441	1355	3	provide	provide	VERB
ftr-441	1355	4	that	that	SCONJ
ftr-441	1355	5	the	the	DET
ftr-441	1355	6	one	one	NUM
ftr-441	1355	7	class	class	NOUN
ftr-441	1355	8	of	of	ADP
ftr-441	1355	9	stock	stock	NOUN
ftr-441	1355	10	requirement	requirement	NOUN
ftr-441	1355	11	is	be	AUX
ftr-441	1355	12	met	meet	VERB
ftr-441	1355	13	so	so	ADV
ftr-441	1355	14	long	long	ADV
ftr-441	1355	15	as	as	SCONJ
ftr-441	1355	16	the	the	DET
ftr-441	1355	17	governing	govern	VERB
ftr-441	1355	18	provisions	provision	NOUN
ftr-441	1355	19	provide	provide	VERB
ftr-441	1355	20	for	for	ADP
ftr-441	1355	21	identical	identical	ADJ
ftr-441	1355	22	distribution	distribution	NOUN
ftr-441	1355	23	and	and	CCONJ
ftr-441	1355	24	liquidation	liquidation	NOUN
ftr-441	1355	25	rights	right	NOUN
ftr-441	1355	26	,	,	PUNCT
ftr-441	1355	27	even	even	ADV
ftr-441	1355	28	though	though	SCONJ
ftr-441	1355	29	the	the	DET
ftr-441	1355	30	actual	actual	ADJ
ftr-441	1355	31	timing	timing	NOUN
ftr-441	1355	32	of	of	ADP
ftr-441	1355	33	the	the	DET
ftr-441	1355	34	distributions	distribution	NOUN
ftr-441	1355	35	is	be	AUX
ftr-441	1355	36	not	not	PART
ftr-441	1355	37	uniform	uniform	ADJ
ftr-441	1355	38	.	.	PUNCT
ftr-441	1356	1	see	see	VERB
ftr-441	1356	2	regs	reg	NOUN
ftr-441	1356	3	.	.	PUNCT
ftr-441	1357	1	§	§	PROPN
ftr-441	1357	2	1.13611)(2)(i	1.13611)(2)(i	NUM
ftr-441	1357	3	)	)	PUNCT
ftr-441	1357	4	,	,	PUNCT
ftr-441	1357	5	-l/2)(v	-l/2)(v	PROPN
ftr-441	1357	6	)	)	PUNCT
ftr-441	1357	7	,	,	PUNCT
ftr-441	1357	8	ex	ex	NOUN
ftr-441	1357	9	.	.	NOUN
ftr-441	1357	10	2	2	X
ftr-441	1357	11	.	.	X
ftr-441	1358	1	if	if	SCONJ
ftr-441	1358	2	the	the	DET
ftr-441	1358	3	timing	timing	NOUN
ftr-441	1358	4	of	of	ADP
ftr-441	1358	5	distributions	distribution	NOUN
ftr-441	1358	6	varies	vary	VERB
ftr-441	1358	7	,	,	PUNCT
ftr-441	1358	8	some	some	DET
ftr-441	1358	9	account	account	NOUN
ftr-441	1358	10	may	may	AUX
ftr-441	1358	11	be	be	AUX
ftr-441	1358	12	necessary	necessary	ADJ
ftr-441	1358	13	to	to	PART
ftr-441	1358	14	keep	keep	VERB
ftr-441	1358	15	track	track	NOUN
ftr-441	1358	16	of	of	ADP
ftr-441	1358	17	the	the	DET
ftr-441	1358	18	rights	right	NOUN
ftr-441	1358	19	of	of	ADP
ftr-441	1358	20	the	the	DET
ftr-441	1358	21	shareholders	shareholder	NOUN
ftr-441	1358	22	during	during	ADP
ftr-441	1358	23	the	the	DET
ftr-441	1358	24	interim	interim	NOUN
ftr-441	1358	25	.	.	PUNCT
ftr-441	1359	1	1999	1999	NUM
ftr-441	1359	2	]	]	PUNCT
ftr-441	1359	3	florida	florida	PROPN
ftr-441	1359	4	tax	tax	PROPN
ftr-441	1359	5	review	review	NOUN
ftr-441	1359	6	pursuant	pursuant	ADJ
ftr-441	1359	7	to	to	ADP
ftr-441	1359	8	a	a	DET
ftr-441	1359	9	preferred	preferred	ADJ
ftr-441	1359	10	interest	interest	NOUN
ftr-441	1359	11	would	would	AUX
ftr-441	1359	12	be	be	AUX
ftr-441	1359	13	analogous	analogous	ADJ
ftr-441	1359	14	to	to	ADP
ftr-441	1359	15	the	the	DET
ftr-441	1359	16	payment	payment	NOUN
ftr-441	1359	17	of	of	ADP
ftr-441	1359	18	interest	interest	NOUN
ftr-441	1359	19	by	by	ADP
ftr-441	1359	20	the	the	DET
ftr-441	1359	21	firm	firm	NOUN
ftr-441	1359	22	to	to	ADP
ftr-441	1359	23	the	the	DET
ftr-441	1359	24	holder	holder	NOUN
ftr-441	1359	25	.	.	PUNCT
ftr-441	1360	1	the	the	DET
ftr-441	1360	2	proposal	proposal	NOUN
ftr-441	1360	3	contemplates	contemplate	VERB
ftr-441	1360	4	more	more	ADJ
ftr-441	1360	5	than	than	ADP
ftr-441	1360	6	one	one	NUM
ftr-441	1360	7	class	class	NOUN
ftr-441	1360	8	of	of	ADP
ftr-441	1360	9	preferred	preferred	ADJ
ftr-441	1360	10	interests	interest	NOUN
ftr-441	1360	11	in	in	ADP
ftr-441	1360	12	an	an	DET
ftr-441	1360	13	spbf	spbf	NOUN
ftr-441	1360	14	.	.	PUNCT
ftr-441	1361	1	the	the	DET
ftr-441	1361	2	different	different	ADJ
ftr-441	1361	3	classes	class	NOUN
ftr-441	1361	4	are	be	AUX
ftr-441	1361	5	to	to	PART
ftr-441	1361	6	be	be	AUX
ftr-441	1361	7	distinguished	distinguish	VERB
ftr-441	1361	8	solely	solely	ADV
ftr-441	1361	9	on	on	ADP
ftr-441	1361	10	the	the	DET
ftr-441	1361	11	basis	basis	NOUN
ftr-441	1361	12	of	of	ADP
ftr-441	1361	13	their	their	PRON
ftr-441	1361	14	priority	priority	NOUN
ftr-441	1361	15	:	:	PUNCT
ftr-441	1361	16	the	the	DET
ftr-441	1361	17	most	most	ADV
ftr-441	1361	18	senior	senior	ADJ
ftr-441	1361	19	class	class	NOUN
ftr-441	1361	20	would	would	AUX
ftr-441	1361	21	have	have	AUX
ftr-441	1361	22	allocated	allocate	VERB
ftr-441	1361	23	to	to	ADP
ftr-441	1361	24	it	it	PRON
ftr-441	1361	25	a	a	DET
ftr-441	1361	26	certain	certain	ADJ
ftr-441	1361	27	amount	amount	NOUN
ftr-441	1361	28	of	of	ADP
ftr-441	1361	29	the	the	DET
ftr-441	1361	30	firm	firm	NOUN
ftr-441	1361	31	's	's	PART
ftr-441	1361	32	income	income	NOUN
ftr-441	1361	33	;	;	PUNCT
ftr-441	1361	34	when	when	SCONJ
ftr-441	1361	35	that	that	DET
ftr-441	1361	36	amount	amount	NOUN
ftr-441	1361	37	has	have	AUX
ftr-441	1361	38	been	be	AUX
ftr-441	1361	39	allocated	allocate	VERB
ftr-441	1361	40	,	,	PUNCT
ftr-441	1361	41	the	the	DET
ftr-441	1361	42	next	next	ADJ
ftr-441	1361	43	senior	senior	ADJ
ftr-441	1361	44	class	class	NOUN
ftr-441	1361	45	would	would	AUX
ftr-441	1361	46	have	have	AUX
ftr-441	1361	47	allocated	allocate	VERB
ftr-441	1361	48	to	to	ADP
ftr-441	1361	49	it	it	PRON
ftr-441	1361	50	a	a	DET
ftr-441	1361	51	certain	certain	ADJ
ftr-441	1361	52	additional	additional	ADJ
ftr-441	1361	53	amount	amount	NOUN
ftr-441	1361	54	of	of	ADP
ftr-441	1361	55	the	the	DET
ftr-441	1361	56	firm	firm	NOUN
ftr-441	1361	57	's	's	PART
ftr-441	1361	58	income	income	NOUN
ftr-441	1361	59	;	;	PUNCT
ftr-441	1361	60	and	and	CCONJ
ftr-441	1361	61	so	so	ADV
ftr-441	1361	62	forth	forth	ADV
ftr-441	1361	63	down	down	ADV
ftr-441	1361	64	to	to	ADP
ftr-441	1361	65	the	the	DET
ftr-441	1361	66	residual	residual	ADJ
ftr-441	1361	67	class	class	NOUN
ftr-441	1361	68	of	of	ADP
ftr-441	1361	69	interests	interest	NOUN
ftr-441	1361	70	which	which	PRON
ftr-441	1361	71	would	would	AUX
ftr-441	1361	72	have	have	VERB
ftr-441	1361	73	the	the	DET
ftr-441	1361	74	most	most	ADV
ftr-441	1361	75	junior	junior	ADJ
ftr-441	1361	76	claim	claim	NOUN
ftr-441	1361	77	to	to	ADP
ftr-441	1361	78	income	income	NOUN
ftr-441	1361	79	.	.	PUNCT
ftr-441	1362	1	the	the	DET
ftr-441	1362	2	classes	class	NOUN
ftr-441	1362	3	are	be	AUX
ftr-441	1362	4	not	not	PART
ftr-441	1362	5	to	to	PART
ftr-441	1362	6	be	be	AUX
ftr-441	1362	7	distinguished	distinguish	VERB
ftr-441	1362	8	based	base	VERB
ftr-441	1362	9	on	on	ADP
ftr-441	1362	10	the	the	DET
ftr-441	1362	11	nature	nature	NOUN
ftr-441	1362	12	of	of	ADP
ftr-441	1362	13	the	the	DET
ftr-441	1362	14	income	income	NOUN
ftr-441	1362	15	earned	earn	VERB
ftr-441	1362	16	.	.	PUNCT
ftr-441	1363	1	thus	thus	ADV
ftr-441	1363	2	,	,	PUNCT
ftr-441	1363	3	there	there	PRON
ftr-441	1363	4	can	can	AUX
ftr-441	1363	5	not	not	PART
ftr-441	1363	6	be	be	AUX
ftr-441	1363	7	one	one	NUM
ftr-441	1363	8	class	class	NOUN
ftr-441	1363	9	that	that	PRON
ftr-441	1363	10	receives	receive	VERB
ftr-441	1363	11	the	the	DET
ftr-441	1363	12	first	first	ADJ
ftr-441	1363	13	$	$	SYM
ftr-441	1363	14	10,000	10,000	NUM
ftr-441	1363	15	of	of	ADP
ftr-441	1363	16	foreign	foreign	ADJ
ftr-441	1363	17	income	income	NOUN
ftr-441	1363	18	,	,	PUNCT
ftr-441	1363	19	another	another	DET
ftr-441	1363	20	class	class	NOUN
ftr-441	1363	21	that	that	PRON
ftr-441	1363	22	receives	receive	VERB
ftr-441	1363	23	the	the	DET
ftr-441	1363	24	first	first	ADJ
ftr-441	1363	25	$	$	SYM
ftr-441	1363	26	10,000	10,000	NUM
ftr-441	1363	27	of	of	ADP
ftr-441	1363	28	capital	capital	NOUN
ftr-441	1363	29	gain	gain	NOUN
ftr-441	1363	30	income	income	NOUN
ftr-441	1363	31	,	,	PUNCT
ftr-441	1363	32	etc	etc	X
ftr-441	1363	33	.	.	X
ftr-441	1363	34	income	income	NOUN
ftr-441	1363	35	allocations	allocation	NOUN
ftr-441	1363	36	to	to	ADP
ftr-441	1363	37	preferred	preferred	ADJ
ftr-441	1363	38	interest	interest	NOUN
ftr-441	1363	39	holders	holder	NOUN
ftr-441	1363	40	are	be	AUX
ftr-441	1363	41	permissible	permissible	ADJ
ftr-441	1363	42	only	only	ADV
ftr-441	1363	43	when	when	SCONJ
ftr-441	1363	44	the	the	DET
ftr-441	1363	45	firm	firm	NOUN
ftr-441	1363	46	has	have	AUX
ftr-441	1363	47	earned	earn	VERB
ftr-441	1363	48	the	the	DET
ftr-441	1363	49	money	money	NOUN
ftr-441	1363	50	needed	need	VERB
ftr-441	1363	51	to	to	PART
ftr-441	1363	52	make	make	VERB
ftr-441	1363	53	the	the	DET
ftr-441	1363	54	allocation	allocation	NOUN
ftr-441	1363	55	,	,	PUNCT
ftr-441	1363	56	that	that	ADV
ftr-441	1363	57	is	is	ADV
ftr-441	1363	58	,	,	PUNCT
ftr-441	1363	59	under	under	ADP
ftr-441	1363	60	circumstances	circumstance	NOUN
ftr-441	1363	61	analogous	analogous	ADJ
ftr-441	1363	62	to	to	ADP
ftr-441	1363	63	situations	situation	NOUN
ftr-441	1363	64	in	in	ADP
ftr-441	1363	65	which	which	PRON
ftr-441	1363	66	a	a	DET
ftr-441	1363	67	dividend	dividend	NOUN
ftr-441	1363	68	could	could	AUX
ftr-441	1363	69	be	be	AUX
ftr-441	1363	70	paid	pay	VERB
ftr-441	1363	71	by	by	ADP
ftr-441	1363	72	a	a	DET
ftr-441	1363	73	corporation	corporation	NOUN
ftr-441	1363	74	.	.	PUNCT
ftr-441	1364	1	because	because	SCONJ
ftr-441	1364	2	an	an	DET
ftr-441	1364	3	spbf	spbf	NOUN
ftr-441	1364	4	has	have	VERB
ftr-441	1364	5	no	no	DET
ftr-441	1364	6	equivalent	equivalent	NOUN
ftr-441	1364	7	of	of	ADP
ftr-441	1364	8	accumulated	accumulate	VERB
ftr-441	1364	9	earnings	earning	NOUN
ftr-441	1364	10	and	and	CCONJ
ftr-441	1364	11	profits	profit	NOUN
ftr-441	1364	12	(	(	PUNCT
ftr-441	1364	13	all	all	DET
ftr-441	1364	14	income	income	NOUN
ftr-441	1364	15	from	from	ADP
ftr-441	1364	16	prior	prior	ADJ
ftr-441	1364	17	years	year	NOUN
ftr-441	1364	18	is	be	AUX
ftr-441	1364	19	effectively	effectively	ADV
ftr-441	1364	20	"	"	PUNCT
ftr-441	1364	21	distributed	distribute	VERB
ftr-441	1364	22	"	"	PUNCT
ftr-441	1364	23	for	for	ADP
ftr-441	1364	24	tax	tax	NOUN
ftr-441	1364	25	purposes	purpose	NOUN
ftr-441	1364	26	through	through	ADP
ftr-441	1364	27	the	the	DET
ftr-441	1364	28	allocation	allocation	NOUN
ftr-441	1364	29	process	process	NOUN
ftr-441	1364	30	)	)	PUNCT
ftr-441	1364	31	,	,	PUNCT
ftr-441	1364	32	income	income	NOUN
ftr-441	1364	33	is	be	AUX
ftr-441	1364	34	allocable	allocable	ADJ
ftr-441	1364	35	only	only	ADV
ftr-441	1364	36	if	if	SCONJ
ftr-441	1364	37	the	the	DET
ftr-441	1364	38	firm	firm	NOUN
ftr-441	1364	39	has	have	VERB
ftr-441	1364	40	net	net	ADJ
ftr-441	1364	41	income	income	NOUN
ftr-441	1364	42	for	for	ADP
ftr-441	1364	43	the	the	DET
ftr-441	1364	44	year	year	NOUN
ftr-441	1364	45	in	in	ADP
ftr-441	1364	46	that	that	DET
ftr-441	1364	47	amount	amount	NOUN
ftr-441	1364	48	.	.	PUNCT
ftr-441	1365	1	at	at	ADP
ftr-441	1365	2	the	the	DET
ftr-441	1365	3	same	same	ADJ
ftr-441	1365	4	time	time	NOUN
ftr-441	1365	5	,	,	PUNCT
ftr-441	1365	6	if	if	SCONJ
ftr-441	1365	7	the	the	DET
ftr-441	1365	8	firm	firm	NOUN
ftr-441	1365	9	has	have	VERB
ftr-441	1365	10	enough	enough	ADJ
ftr-441	1365	11	income	income	NOUN
ftr-441	1365	12	to	to	PART
ftr-441	1365	13	support	support	VERB
ftr-441	1365	14	the	the	DET
ftr-441	1365	15	preference	preference	NOUN
ftr-441	1365	16	,	,	PUNCT
ftr-441	1365	17	the	the	DET
ftr-441	1365	18	income	income	NOUN
ftr-441	1365	19	is	be	AUX
ftr-441	1365	20	allocable	allocable	ADJ
ftr-441	1365	21	even	even	ADV
ftr-441	1365	22	though	though	SCONJ
ftr-441	1365	23	there	there	PRON
ftr-441	1365	24	is	be	VERB
ftr-441	1365	25	no	no	DET
ftr-441	1365	26	distribution	distribution	NOUN
ftr-441	1365	27	.	.	PUNCT
ftr-441	1366	1	if	if	SCONJ
ftr-441	1366	2	no	no	DET
ftr-441	1366	3	distribution	distribution	NOUN
ftr-441	1366	4	is	be	AUX
ftr-441	1366	5	ever	ever	ADV
ftr-441	1366	6	made	make	VERB
ftr-441	1366	7	of	of	ADP
ftr-441	1366	8	previously	previously	ADV
ftr-441	1366	9	allocated	allocate	VERB
ftr-441	1366	10	amounts	amount	NOUN
ftr-441	1366	11	,	,	PUNCT
ftr-441	1366	12	the	the	DET
ftr-441	1366	13	firm	firm	NOUN
ftr-441	1366	14	will	will	AUX
ftr-441	1366	15	have	have	VERB
ftr-441	1366	16	ordinary	ordinary	ADJ
ftr-441	1366	17	debt	debt	NOUN
ftr-441	1366	18	forgiveness	forgiveness	NOUN
ftr-441	1366	19	income	income	NOUN
ftr-441	1366	20	.	.	PUNCT
ftr-441	1367	1	such	such	ADJ
ftr-441	1367	2	income	income	NOUN
ftr-441	1367	3	should	should	AUX
ftr-441	1367	4	cancel	cancel	VERB
ftr-441	1367	5	out	out	ADP
ftr-441	1367	6	the	the	DET
ftr-441	1367	7	effect	effect	NOUN
ftr-441	1367	8	to	to	ADP
ftr-441	1367	9	the	the	DET
ftr-441	1367	10	residual	residual	ADJ
ftr-441	1367	11	owners	owner	NOUN
ftr-441	1367	12	of	of	ADP
ftr-441	1367	13	the	the	DET
ftr-441	1367	14	prior	prior	ADJ
ftr-441	1367	15	income	income	NOUN
ftr-441	1367	16	allocation	allocation	NOUN
ftr-441	1367	17	.	.	PUNCT
ftr-441	1368	1	allocations	allocation	NOUN
ftr-441	1368	2	must	must	AUX
ftr-441	1368	3	be	be	AUX
ftr-441	1368	4	made	make	VERB
ftr-441	1368	5	based	base	VERB
ftr-441	1368	6	on	on	ADP
ftr-441	1368	7	the	the	DET
ftr-441	1368	8	period	period	NOUN
ftr-441	1368	9	the	the	DET
ftr-441	1368	10	preferred	preferred	ADJ
ftr-441	1368	11	interest	interest	NOUN
ftr-441	1368	12	is	be	AUX
ftr-441	1368	13	held	hold	VERB
ftr-441	1368	14	and	and	CCONJ
ftr-441	1368	15	the	the	DET
ftr-441	1368	16	extent	extent	NOUN
ftr-441	1368	17	of	of	ADP
ftr-441	1368	18	the	the	DET
ftr-441	1368	19	holder	holder	NOUN
ftr-441	1368	20	's	's	PART
ftr-441	1368	21	interest	interest	NOUN
ftr-441	1368	22	.	.	PUNCT
ftr-441	1369	1	for	for	ADP
ftr-441	1369	2	example	example	NOUN
ftr-441	1369	3	,	,	PUNCT
ftr-441	1369	4	suppose	suppose	VERB
ftr-441	1369	5	on	on	ADP
ftr-441	1369	6	december	december	PROPN
ftr-441	1369	7	1	1	NUM
ftr-441	1369	8	,	,	PUNCT
ftr-441	1369	9	a	a	DET
ftr-441	1369	10	taxpayer	taxpayer	NOUN
ftr-441	1369	11	purchases	purchase	VERB
ftr-441	1369	12	a	a	DET
ftr-441	1369	13	preferred	preferred	ADJ
ftr-441	1369	14	interest	interest	NOUN
ftr-441	1369	15	in	in	ADP
ftr-441	1369	16	the	the	DET
ftr-441	1369	17	first	first	ADJ
ftr-441	1369	18	$	$	SYM
ftr-441	1369	19	12,000	12,000	NUM
ftr-441	1369	20	of	of	ADP
ftr-441	1369	21	a	a	DET
ftr-441	1369	22	calendar	calendar	NOUN
ftr-441	1369	23	-	-	PUNCT
ftr-441	1369	24	year	year	NOUN
ftr-441	1369	25	firm	firm	NOUN
ftr-441	1369	26	's	's	PART
ftr-441	1369	27	annual	annual	ADJ
ftr-441	1369	28	income	income	NOUN
ftr-441	1369	29	and	and	CCONJ
ftr-441	1369	30	holds	hold	VERB
ftr-441	1369	31	that	that	DET
ftr-441	1369	32	interest	interest	NOUN
ftr-441	1369	33	until	until	ADP
ftr-441	1369	34	the	the	DET
ftr-441	1369	35	end	end	NOUN
ftr-441	1369	36	of	of	ADP
ftr-441	1369	37	the	the	DET
ftr-441	1369	38	calendar	calendar	NOUN
ftr-441	1369	39	year	year	NOUN
ftr-441	1369	40	.	.	PUNCT
ftr-441	1370	1	the	the	DET
ftr-441	1370	2	taxpayer	taxpayer	NOUN
ftr-441	1370	3	may	may	AUX
ftr-441	1370	4	not	not	PART
ftr-441	1370	5	be	be	AUX
ftr-441	1370	6	allocated	allocate	VERB
ftr-441	1370	7	more	more	ADJ
ftr-441	1370	8	than	than	ADP
ftr-441	1370	9	$	$	SYM
ftr-441	1370	10	1,000	1,000	NUM
ftr-441	1370	11	of	of	ADP
ftr-441	1370	12	the	the	DET
ftr-441	1370	13	firm	firm	NOUN
ftr-441	1370	14	's	's	PART
ftr-441	1370	15	income	income	NOUN
ftr-441	1370	16	for	for	ADP
ftr-441	1370	17	the	the	DET
ftr-441	1370	18	year	year	NOUN
ftr-441	1370	19	.	.	PUNCT
ftr-441	1371	1	although	although	SCONJ
ftr-441	1371	2	allowing	allow	VERB
ftr-441	1371	3	preferred	preferred	ADJ
ftr-441	1371	4	interests	interest	NOUN
ftr-441	1371	5	increases	increase	VERB
ftr-441	1371	6	the	the	DET
ftr-441	1371	7	flexibility	flexibility	NOUN
ftr-441	1371	8	of	of	ADP
ftr-441	1371	9	owners	owner	NOUN
ftr-441	1371	10	of	of	ADP
ftr-441	1371	11	spbfs	spbfs	NOUN
ftr-441	1371	12	,	,	PUNCT
ftr-441	1371	13	it	it	PRON
ftr-441	1371	14	should	should	AUX
ftr-441	1371	15	not	not	PART
ftr-441	1371	16	override	override	VERB
ftr-441	1371	17	the	the	DET
ftr-441	1371	18	general	general	ADJ
ftr-441	1371	19	prohibition	prohibition	NOUN
ftr-441	1371	20	against	against	ADP
ftr-441	1371	21	special	special	ADJ
ftr-441	1371	22	allocations	allocation	NOUN
ftr-441	1371	23	.	.	PUNCT
ftr-441	1372	1	thus	thus	ADV
ftr-441	1372	2	,	,	PUNCT
ftr-441	1372	3	suppose	suppose	VERB
ftr-441	1372	4	the	the	DET
ftr-441	1372	5	taxpayer	taxpayer	NOUN
ftr-441	1372	6	in	in	ADP
ftr-441	1372	7	the	the	DET
ftr-441	1372	8	above	above	ADJ
ftr-441	1372	9	example	example	NOUN
ftr-441	1372	10	attempts	attempt	VERB
ftr-441	1372	11	to	to	PART
ftr-441	1372	12	purchase	purchase	VERB
ftr-441	1372	13	on	on	ADP
ftr-441	1372	14	december	december	PROPN
ftr-441	1372	15	31	31	NUM
ftr-441	1372	16	a	a	DET
ftr-441	1372	17	preferred	preferred	ADJ
ftr-441	1372	18	interest	interest	NOUN
ftr-441	1372	19	in	in	ADP
ftr-441	1372	20	the	the	DET
ftr-441	1372	21	first	first	ADJ
ftr-441	1372	22	$	$	SYM
ftr-441	1372	23	3,650,000	3,650,000	NUM
ftr-441	1372	24	of	of	ADP
ftr-441	1372	25	the	the	DET
ftr-441	1372	26	firm	firm	NOUN
ftr-441	1372	27	's	's	PART
ftr-441	1372	28	income	income	NOUN
ftr-441	1372	29	.	.	PUNCT
ftr-441	1373	1	the	the	DET
ftr-441	1373	2	allocation	allocation	NOUN
ftr-441	1373	3	rule	rule	NOUN
ftr-441	1373	4	described	describe	VERB
ftr-441	1373	5	above	above	ADV
ftr-441	1373	6	would	would	AUX
ftr-441	1373	7	allow	allow	VERB
ftr-441	1373	8	$	$	SYM
ftr-441	1373	9	10,000	10,000	NUM
ftr-441	1373	10	of	of	ADP
ftr-441	1373	11	the	the	DET
ftr-441	1373	12	firm	firm	NOUN
ftr-441	1373	13	's	's	PART
ftr-441	1373	14	income	income	NOUN
ftr-441	1373	15	to	to	PART
ftr-441	1373	16	be	be	AUX
ftr-441	1373	17	allocated	allocate	VERB
ftr-441	1373	18	to	to	ADP
ftr-441	1373	19	the	the	DET
ftr-441	1373	20	taxpayer	taxpayer	NOUN
ftr-441	1373	21	.	.	PUNCT
ftr-441	1374	1	however	however	ADV
ftr-441	1374	2	,	,	PUNCT
ftr-441	1374	3	the	the	DET
ftr-441	1374	4	interest	interest	NOUN
ftr-441	1374	5	would	would	AUX
ftr-441	1374	6	have	have	VERB
ftr-441	1374	7	to	to	PART
ftr-441	1374	8	be	be	AUX
ftr-441	1374	9	issued	issue	VERB
ftr-441	1374	10	for	for	ADP
ftr-441	1374	11	value	value	NOUN
ftr-441	1374	12	.	.	PUNCT
ftr-441	1375	1	the	the	DET
ftr-441	1375	2	value	value	NOUN
ftr-441	1375	3	of	of	ADP
ftr-441	1375	4	an	an	DET
ftr-441	1375	5	interest	interest	NOUN
ftr-441	1375	6	worth	worth	ADJ
ftr-441	1375	7	$	$	SYM
ftr-441	1375	8	3,650,000	3,650,000	NUM
ftr-441	1375	9	annually	annually	ADV
ftr-441	1375	10	should	should	AUX
ftr-441	1375	11	be	be	AUX
ftr-441	1375	12	quite	quite	ADV
ftr-441	1375	13	high	high	ADJ
ftr-441	1375	14	.	.	PUNCT
ftr-441	1376	1	unless	unless	SCONJ
ftr-441	1376	2	the	the	DET
ftr-441	1376	3	preferred	preferred	ADJ
ftr-441	1376	4	interest	interest	NOUN
ftr-441	1376	5	was	be	AUX
ftr-441	1376	6	issued	issue	VERB
ftr-441	1376	7	for	for	ADP
ftr-441	1376	8	its	its	PRON
ftr-441	1376	9	true	true	ADJ
ftr-441	1376	10	value	value	NOUN
ftr-441	1376	11	,	,	PUNCT
ftr-441	1376	12	general	general	ADJ
ftr-441	1376	13	tax	tax	NOUN
ftr-441	1376	14	doctrines	doctrine	NOUN
ftr-441	1376	15	relating	relate	VERB
ftr-441	1376	16	to	to	ADP
ftr-441	1376	17	sham	sham	ADJ
ftr-441	1376	18	transactions	transaction	NOUN
ftr-441	1376	19	should	should	AUX
ftr-441	1376	20	be	be	AUX
ftr-441	1376	21	applicable	applicable	ADJ
ftr-441	1376	22	to	to	PART
ftr-441	1376	23	prevent	prevent	VERB
ftr-441	1376	24	the	the	DET
ftr-441	1376	25	allocation	allocation	NOUN
ftr-441	1376	26	of	of	ADP
ftr-441	1376	27	$	$	SYM
ftr-441	1376	28	10,000	10,000	NUM
ftr-441	1376	29	to	to	ADP
ftr-441	1376	30	the	the	DET
ftr-441	1376	31	taxpayer	taxpayer	NOUN
ftr-441	1376	32	.	.	PUNCT
ftr-441	1377	1	c.	c.	PROPN
ftr-441	1377	2	losses.-as	losses.-as	PROPN
ftr-441	1377	3	described	describe	VERB
ftr-441	1377	4	above	above	ADV
ftr-441	1377	5	,	,	PUNCT
ftr-441	1377	6	losses	loss	NOUN
ftr-441	1377	7	of	of	ADP
ftr-441	1377	8	an	an	DET
ftr-441	1377	9	spbf	spbf	NOUN
ftr-441	1377	10	may	may	AUX
ftr-441	1377	11	only	only	ADV
ftr-441	1377	12	be	be	AUX
ftr-441	1377	13	allocated	allocate	VERB
ftr-441	1377	14	to	to	ADP
ftr-441	1377	15	the	the	DET
ftr-441	1377	16	residual	residual	ADJ
ftr-441	1377	17	interest	interest	NOUN
ftr-441	1377	18	owners	owner	NOUN
ftr-441	1377	19	of	of	ADP
ftr-441	1377	20	the	the	DET
ftr-441	1377	21	firm	firm	NOUN
ftr-441	1377	22	.	.	PUNCT
ftr-441	1378	1	consistent	consistent	ADJ
ftr-441	1378	2	with	with	ADP
ftr-441	1378	3	[	[	X
ftr-441	1378	4	vol	vol	X
ftr-441	1378	5	4:3	4:3	NUM
ftr-441	1378	6	the	the	DET
ftr-441	1378	7	future	future	ADJ
ftr-441	1378	8	taxation	taxation	NOUN
ftr-441	1378	9	of	of	ADP
ftr-441	1378	10	private	private	ADJ
ftr-441	1378	11	business	business	NOUN
ftr-441	1378	12	firns	firn	NOUN
ftr-441	1378	13	sections	section	NOUN
ftr-441	1378	14	704(d	704(d	NOUN
ftr-441	1378	15	)	)	PUNCT
ftr-441	1378	16	and	and	CCONJ
ftr-441	1378	17	1366(d	1366(d	NOUN
ftr-441	1378	18	)	)	PUNCT
ftr-441	1378	19	,	,	PUNCT
ftr-441	1378	20	the	the	DET
ftr-441	1378	21	passthrough	passthrough	NOUN
ftr-441	1378	22	of	of	ADP
ftr-441	1378	23	spbf	spbf	ADJ
ftr-441	1378	24	losses	loss	NOUN
ftr-441	1378	25	or	or	CCONJ
ftr-441	1378	26	deductions	deduction	NOUN
ftr-441	1378	27	is	be	AUX
ftr-441	1378	28	limited	limit	VERB
ftr-441	1378	29	to	to	ADP
ftr-441	1378	30	such	such	ADJ
ftr-441	1378	31	owner	owner	NOUN
ftr-441	1378	32	's	's	PART
ftr-441	1378	33	basis	basis	NOUN
ftr-441	1378	34	in	in	ADP
ftr-441	1378	35	residual	residual	ADJ
ftr-441	1378	36	or	or	CCONJ
ftr-441	1378	37	preferred	preferred	ADJ
ftr-441	1378	38	interests	interest	NOUN
ftr-441	1378	39	in	in	ADP
ftr-441	1378	40	the	the	DET
ftr-441	1378	41	firm	firm	NOUN
ftr-441	1378	42	as	as	ADP
ftr-441	1378	43	of	of	ADP
ftr-441	1378	44	the	the	DET
ftr-441	1378	45	end	end	NOUN
ftr-441	1378	46	of	of	ADP
ftr-441	1378	47	the	the	DET
ftr-441	1378	48	year	year	NOUN
ftr-441	1378	49	in	in	ADP
ftr-441	1378	50	which	which	PRON
ftr-441	1378	51	the	the	DET
ftr-441	1378	52	loss	loss	NOUN
ftr-441	1378	53	is	be	AUX
ftr-441	1378	54	incurred	incur	VERB
ftr-441	1378	55	.	.	PUNCT
ftr-441	1379	1	any	any	DET
ftr-441	1379	2	losses	loss	NOUN
ftr-441	1379	3	passed	pass	VERB
ftr-441	1379	4	through	through	ADP
ftr-441	1379	5	to	to	ADP
ftr-441	1379	6	an	an	DET
ftr-441	1379	7	owner	owner	NOUN
ftr-441	1379	8	would	would	AUX
ftr-441	1379	9	reduce	reduce	VERB
ftr-441	1379	10	his	his	PRON
ftr-441	1379	11	or	or	CCONJ
ftr-441	1379	12	her	her	PRON
ftr-441	1379	13	outside	outside	ADJ
ftr-441	1379	14	basis	basis	NOUN
ftr-441	1379	15	in	in	ADP
ftr-441	1379	16	the	the	DET
ftr-441	1379	17	same	same	ADJ
ftr-441	1379	18	order	order	NOUN
ftr-441	1379	19	as	as	ADP
ftr-441	1379	20	in	in	ADP
ftr-441	1379	21	current	current	ADJ
ftr-441	1379	22	subchapter	subchapter	NOUN
ftr-441	1379	23	s	s	NOUN
ftr-441	1379	24	-	-	ADV
ftr-441	1379	25	first	first	ADJ
ftr-441	1379	26	to	to	ADP
ftr-441	1379	27	the	the	DET
ftr-441	1379	28	owner	owner	NOUN
ftr-441	1379	29	's	's	PART
ftr-441	1379	30	basis	basis	NOUN
ftr-441	1379	31	in	in	ADP
ftr-441	1379	32	residual	residual	ADJ
ftr-441	1379	33	interests	interest	NOUN
ftr-441	1379	34	,	,	PUNCT
ftr-441	1379	35	if	if	SCONJ
ftr-441	1379	36	any	any	PRON
ftr-441	1379	37	,	,	PUNCT
ftr-441	1379	38	and	and	CCONJ
ftr-441	1379	39	then	then	ADV
ftr-441	1379	40	to	to	ADP
ftr-441	1379	41	the	the	DET
ftr-441	1379	42	basis	basis	NOUN
ftr-441	1379	43	of	of	ADP
ftr-441	1379	44	any	any	DET
ftr-441	1379	45	preferred	preferred	ADJ
ftr-441	1379	46	interests	interest	NOUN
ftr-441	1379	47	.	.	PUNCT
ftr-441	1379	48	'8	'8	PUNCT
ftr-441	1380	1	any	any	DET
ftr-441	1380	2	losses	loss	NOUN
ftr-441	1380	3	disallowed	disallow	VERB
ftr-441	1380	4	by	by	ADP
ftr-441	1380	5	reason	reason	NOUN
ftr-441	1380	6	of	of	ADP
ftr-441	1380	7	the	the	DET
ftr-441	1380	8	basis	basis	NOUN
ftr-441	1380	9	limitation	limitation	NOUN
ftr-441	1380	10	shall	shall	AUX
ftr-441	1380	11	be	be	AUX
ftr-441	1380	12	treated	treat	VERB
ftr-441	1380	13	as	as	ADP
ftr-441	1380	14	incurred	incur	VERB
ftr-441	1380	15	by	by	ADP
ftr-441	1380	16	the	the	DET
ftr-441	1380	17	firm	firm	NOUN
ftr-441	1380	18	in	in	ADP
ftr-441	1380	19	the	the	DET
ftr-441	1380	20	succeeding	succeed	VERB
ftr-441	1380	21	taxable	taxable	ADJ
ftr-441	1380	22	year	year	NOUN
ftr-441	1380	23	with	with	ADP
ftr-441	1380	24	respect	respect	NOUN
ftr-441	1380	25	to	to	ADP
ftr-441	1380	26	the	the	DET
ftr-441	1380	27	owner	owner	NOUN
ftr-441	1380	28	involved	involve	VERB
ftr-441	1380	29	.	.	PUNCT
ftr-441	1380	30	'	'	PUNCT
ftr-441	1381	1	d.	d.	NOUN
ftr-441	1381	2	spbfliabilities.--one	spbfliabilities.--one	NUM
ftr-441	1381	3	major	major	ADJ
ftr-441	1381	4	difference	difference	NOUN
ftr-441	1381	5	between	between	ADP
ftr-441	1381	6	the	the	DET
ftr-441	1381	7	rules	rule	NOUN
ftr-441	1381	8	of	of	ADP
ftr-441	1381	9	subchapter	subchapter	NOUN
ftr-441	1381	10	k	k	PROPN
ftr-441	1381	11	and	and	CCONJ
ftr-441	1381	12	the	the	DET
ftr-441	1381	13	rules	rule	NOUN
ftr-441	1381	14	of	of	ADP
ftr-441	1381	15	subchapter	subchapter	NOUN
ftr-441	1381	16	s	s	PART
ftr-441	1381	17	is	be	AUX
ftr-441	1381	18	that	that	SCONJ
ftr-441	1381	19	partners	partner	NOUN
ftr-441	1381	20	but	but	CCONJ
ftr-441	1381	21	not	not	PART
ftr-441	1381	22	s	s	PART
ftr-441	1381	23	corporation	corporation	NOUN
ftr-441	1381	24	shareholders	shareholder	NOUN
ftr-441	1381	25	include	include	VERB
ftr-441	1381	26	both	both	PRON
ftr-441	1381	27	recourse	recourse	VERB
ftr-441	1381	28	and	and	CCONJ
ftr-441	1381	29	nonrecourse	nonrecourse	NOUN
ftr-441	1381	30	debts	debt	NOUN
ftr-441	1381	31	of	of	ADP
ftr-441	1381	32	the	the	DET
ftr-441	1381	33	entity	entity	NOUN
ftr-441	1381	34	in	in	ADP
ftr-441	1381	35	their	their	PRON
ftr-441	1381	36	outside	outside	ADJ
ftr-441	1381	37	bases	basis	NOUN
ftr-441	1381	38	.	.	PUNCT
ftr-441	1381	39	'	'	PUNCT
ftr-441	1382	1	inclusion	inclusion	NOUN
ftr-441	1382	2	of	of	ADP
ftr-441	1382	3	debt	debt	NOUN
ftr-441	1382	4	in	in	ADP
ftr-441	1382	5	outside	outside	ADJ
ftr-441	1382	6	basis	basis	NOUN
ftr-441	1382	7	provides	provide	VERB
ftr-441	1382	8	partners	partner	NOUN
ftr-441	1382	9	with	with	ADP
ftr-441	1382	10	several	several	ADJ
ftr-441	1382	11	potential	potential	ADJ
ftr-441	1382	12	tax	tax	NOUN
ftr-441	1382	13	benefits	benefit	NOUN
ftr-441	1382	14	.	.	PUNCT
ftr-441	1383	1	because	because	SCONJ
ftr-441	1383	2	distributions	distribution	NOUN
ftr-441	1383	3	from	from	ADP
ftr-441	1383	4	both	both	CCONJ
ftr-441	1383	5	a	a	DET
ftr-441	1383	6	partnership	partnership	NOUN
ftr-441	1383	7	and	and	CCONJ
ftr-441	1383	8	an	an	DET
ftr-441	1383	9	s	s	NOUN
ftr-441	1383	10	corporation	corporation	NOUN
ftr-441	1383	11	are	be	AUX
ftr-441	1383	12	taxable	taxable	ADJ
ftr-441	1383	13	to	to	ADP
ftr-441	1383	14	the	the	DET
ftr-441	1383	15	extent	extent	NOUN
ftr-441	1383	16	money	money	NOUN
ftr-441	1383	17	distributed	distribute	VERB
ftr-441	1383	18	exceeds	exceed	NOUN
ftr-441	1383	19	outside	outside	ADP
ftr-441	1383	20	basis	basis	NOUN
ftr-441	1383	21	,	,	PUNCT
ftr-441	1383	22	the	the	DET
ftr-441	1383	23	partnership	partnership	NOUN
ftr-441	1383	24	rule	rule	NOUN
ftr-441	1383	25	reduces	reduce	VERB
ftr-441	1383	26	the	the	DET
ftr-441	1383	27	likelihood	likelihood	NOUN
ftr-441	1383	28	of	of	ADP
ftr-441	1383	29	a	a	DET
ftr-441	1383	30	partner	partner	NOUN
ftr-441	1383	31	being	be	AUX
ftr-441	1383	32	taxed	tax	VERB
ftr-441	1383	33	in	in	ADP
ftr-441	1383	34	such	such	DET
ftr-441	1383	35	a	a	DET
ftr-441	1383	36	transaction	transaction	NOUN
ftr-441	1383	37	.	.	PUNCT
ftr-441	1383	38	'	'	PUNCT
ftr-441	1384	1	8	8	NUM
ftr-441	1384	2	for	for	ADP
ftr-441	1384	3	a	a	DET
ftr-441	1384	4	similar	similar	ADJ
ftr-441	1384	5	reason	reason	NOUN
ftr-441	1384	6	,	,	PUNCT
ftr-441	1384	7	contributions	contribution	NOUN
ftr-441	1384	8	of	of	ADP
ftr-441	1384	9	property	property	NOUN
ftr-441	1384	10	encumbered	encumber	VERB
ftr-441	1384	11	by	by	ADP
ftr-441	1384	12	liabilities	liability	NOUN
ftr-441	1384	13	in	in	ADP
ftr-441	1384	14	excess	excess	NOUN
ftr-441	1384	15	of	of	ADP
ftr-441	1384	16	the	the	DET
ftr-441	1384	17	transferor	transferor	NOUN
ftr-441	1384	18	's	's	PART
ftr-441	1384	19	basis	basis	NOUN
ftr-441	1384	20	in	in	ADP
ftr-441	1384	21	the	the	DET
ftr-441	1384	22	property	property	NOUN
ftr-441	1384	23	are	be	AUX
ftr-441	1384	24	more	more	ADV
ftr-441	1384	25	likely	likely	ADJ
ftr-441	1384	26	to	to	PART
ftr-441	1384	27	be	be	AUX
ftr-441	1384	28	taxable	taxable	ADJ
ftr-441	1384	29	transactions	transaction	NOUN
ftr-441	1384	30	in	in	ADP
ftr-441	1384	31	the	the	DET
ftr-441	1384	32	world	world	NOUN
ftr-441	1384	33	of	of	ADP
ftr-441	1384	34	subchapter	subchapter	NOUN
ftr-441	1384	35	s	s	NOUN
ftr-441	1384	36	than	than	ADP
ftr-441	1384	37	subchapter	subchapter	NOUN
ftr-441	1384	38	k.	k.	PROPN
ftr-441	1384	39	89	89	NUM
ftr-441	1384	40	but	but	CCONJ
ftr-441	1384	41	the	the	DET
ftr-441	1384	42	major	major	ADJ
ftr-441	1384	43	consequence	consequence	NOUN
ftr-441	1384	44	of	of	ADP
ftr-441	1384	45	including	include	VERB
ftr-441	1384	46	debt	debt	NOUN
ftr-441	1384	47	in	in	ADP
ftr-441	1384	48	basis	basis	NOUN
ftr-441	1384	49	is	be	AUX
ftr-441	1384	50	that	that	SCONJ
ftr-441	1384	51	it	it	PRON
ftr-441	1384	52	increases	increase	VERB
ftr-441	1384	53	the	the	DET
ftr-441	1384	54	likelihood	likelihood	NOUN
ftr-441	1384	55	that	that	SCONJ
ftr-441	1384	56	the	the	DET
ftr-441	1384	57	owner	owner	NOUN
ftr-441	1384	58	can	can	AUX
ftr-441	1384	59	deduct	deduct	VERB
ftr-441	1384	60	losses	loss	NOUN
ftr-441	1384	61	incurred	incur	VERB
ftr-441	1384	62	by	by	ADP
ftr-441	1384	63	the	the	DET
ftr-441	1384	64	entity	entity	NOUN
ftr-441	1384	65	.	.	PUNCT
ftr-441	1385	1	this	this	DET
ftr-441	1385	2	outcome	outcome	NOUN
ftr-441	1385	3	results	result	VERB
ftr-441	1385	4	from	from	ADP
ftr-441	1385	5	the	the	DET
ftr-441	1385	6	rule	rule	NOUN
ftr-441	1385	7	for	for	ADP
ftr-441	1385	8	both	both	PRON
ftr-441	1385	9	s	s	PART
ftr-441	1385	10	corporations	corporation	NOUN
ftr-441	1385	11	and	and	CCONJ
ftr-441	1385	12	partnerships	partnership	NOUN
ftr-441	1385	13	which	which	PRON
ftr-441	1385	14	generally	generally	ADV
ftr-441	1385	15	limits	limit	VERB
ftr-441	1385	16	an	an	DET
ftr-441	1385	17	owner	owner	NOUN
ftr-441	1385	18	's	's	PART
ftr-441	1385	19	deduction	deduction	NOUN
ftr-441	1385	20	of	of	ADP
ftr-441	1385	21	losses	loss	NOUN
ftr-441	1385	22	to	to	ADP
ftr-441	1385	23	the	the	DET
ftr-441	1385	24	amount	amount	NOUN
ftr-441	1385	25	of	of	ADP
ftr-441	1385	26	his	his	PRON
ftr-441	1385	27	or	or	CCONJ
ftr-441	1385	28	her	her	PRON
ftr-441	1385	29	outside	outside	ADJ
ftr-441	1385	30	basis	basis	NOUN
ftr-441	1385	31	.	.	PUNCT
ftr-441	1386	1	'90	'90	NUM
ftr-441	1386	2	as	as	SCONJ
ftr-441	1386	3	just	just	ADV
ftr-441	1386	4	described	describe	VERB
ftr-441	1386	5	,	,	PUNCT
ftr-441	1386	6	such	such	DET
ftr-441	1386	7	a	a	DET
ftr-441	1386	8	rule	rule	NOUN
ftr-441	1386	9	is	be	AUX
ftr-441	1386	10	included	include	VERB
ftr-441	1386	11	in	in	ADP
ftr-441	1386	12	the	the	DET
ftr-441	1386	13	spbf	spbf	ADJ
ftr-441	1386	14	system	system	NOUN
ftr-441	1386	15	.	.	PUNCT
ftr-441	1387	1	the	the	DET
ftr-441	1387	2	decision	decision	NOUN
ftr-441	1387	3	of	of	ADP
ftr-441	1387	4	whether	whether	SCONJ
ftr-441	1387	5	to	to	PART
ftr-441	1387	6	include	include	VERB
ftr-441	1387	7	entity	entity	NOUN
ftr-441	1387	8	debt	debt	NOUN
ftr-441	1387	9	in	in	ADP
ftr-441	1387	10	the	the	DET
ftr-441	1387	11	basis	basis	NOUN
ftr-441	1387	12	of	of	ADP
ftr-441	1387	13	owners	owner	NOUN
ftr-441	1387	14	of	of	ADP
ftr-441	1387	15	an	an	DET
ftr-441	1387	16	spbf	spbf	NOUN
ftr-441	1387	17	is	be	AUX
ftr-441	1387	18	a	a	DET
ftr-441	1387	19	difficult	difficult	ADJ
ftr-441	1387	20	one	one	NOUN
ftr-441	1387	21	.	.	PUNCT
ftr-441	1388	1	as	as	ADP
ftr-441	1388	2	a	a	DET
ftr-441	1388	3	theoretical	theoretical	ADJ
ftr-441	1388	4	matter	matter	NOUN
ftr-441	1388	5	,	,	PUNCT
ftr-441	1388	6	some	some	PRON
ftr-441	1388	7	might	might	AUX
ftr-441	1388	8	argue	argue	VERB
ftr-441	1388	9	that	that	SCONJ
ftr-441	1388	10	the	the	DET
ftr-441	1388	11	paradigmatic	paradigmatic	ADJ
ftr-441	1388	12	case	case	NOUN
ftr-441	1388	13	justifying	justify	VERB
ftr-441	1388	14	inclusion	inclusion	NOUN
ftr-441	1388	15	of	of	ADP
ftr-441	1388	16	debt	debt	NOUN
ftr-441	1388	17	in	in	ADP
ftr-441	1388	18	outside	outside	ADJ
ftr-441	1388	19	basis	basis	NOUN
ftr-441	1388	20	is	be	AUX
ftr-441	1388	21	the	the	DET
ftr-441	1388	22	general	general	ADJ
ftr-441	1388	23	partnership	partnership	NOUN
ftr-441	1388	24	whose	whose	DET
ftr-441	1388	25	partners	partner	NOUN
ftr-441	1388	26	are	be	AUX
ftr-441	1388	27	jointly	jointly	ADV
ftr-441	1388	28	and	and	CCONJ
ftr-441	1388	29	severally	severally	ADV
ftr-441	1388	30	liable	liable	ADJ
ftr-441	1388	31	for	for	ADP
ftr-441	1388	32	all	all	PRON
ftr-441	1388	33	of	of	ADP
ftr-441	1388	34	the	the	DET
ftr-441	1388	35	firm	firm	NOUN
ftr-441	1388	36	's	's	PART
ftr-441	1388	37	debts	debt	NOUN
ftr-441	1388	38	.	.	PUNCT
ftr-441	1389	1	under	under	ADP
ftr-441	1389	2	those	those	DET
ftr-441	1389	3	circumstances	circumstance	NOUN
ftr-441	1389	4	,	,	PUNCT
ftr-441	1389	5	it	it	PRON
ftr-441	1389	6	makes	make	VERB
ftr-441	1389	7	sense	sense	NOUN
ftr-441	1389	8	to	to	PART
ftr-441	1389	9	provide	provide	VERB
ftr-441	1389	10	the	the	DET
ftr-441	1389	11	partners	partner	NOUN
ftr-441	1389	12	with	with	ADP
ftr-441	1389	13	tax	tax	NOUN
ftr-441	1389	14	basis	basis	NOUN
ftr-441	1389	15	for	for	ADP
ftr-441	1389	16	their	their	PRON
ftr-441	1389	17	share	share	NOUN
ftr-441	1389	18	of	of	ADP
ftr-441	1389	19	the	the	DET
ftr-441	1389	20	firm	firm	NOUN
ftr-441	1389	21	's	's	PART
ftr-441	1389	22	liabilities	liability	NOUN
ftr-441	1389	23	.	.	PUNCT
ftr-441	1390	1	adherents	adherent	NOUN
ftr-441	1390	2	to	to	ADP
ftr-441	1390	3	this	this	DET
ftr-441	1390	4	view	view	NOUN
ftr-441	1390	5	might	might	AUX
ftr-441	1390	6	point	point	VERB
ftr-441	1390	7	to	to	ADP
ftr-441	1390	8	the	the	DET
ftr-441	1390	9	absence	absence	NOUN
ftr-441	1390	10	of	of	ADP
ftr-441	1390	11	a	a	DET
ftr-441	1390	12	comparable	comparable	ADJ
ftr-441	1390	13	provision	provision	NOUN
ftr-441	1390	14	in	in	ADP
ftr-441	1390	15	subchapter	subchapter	NOUN
ftr-441	1390	16	185	185	NUM
ftr-441	1390	17	.	.	PUNCT
ftr-441	1391	1	cf	cf	NOUN
ftr-441	1391	2	.	.	PUNCT
ftr-441	1392	1	irc	irc	PROPN
ftr-441	1392	2	§	§	PROPN
ftr-441	1392	3	§	§	PROPN
ftr-441	1392	4	1366(d)(1	1366(d)(1	NUM
ftr-441	1392	5	)	)	PUNCT
ftr-441	1392	6	,	,	PUNCT
ftr-441	1392	7	1367(b)(2	1367(b)(2	NUM
ftr-441	1392	8	)	)	PUNCT
ftr-441	1392	9	.	.	PUNCT
ftr-441	1393	1	186	186	NUM
ftr-441	1393	2	.	.	PUNCT
ftr-441	1394	1	cf	cf	NOUN
ftr-441	1394	2	.	.	PUNCT
ftr-441	1395	1	irc	irc	PROPN
ftr-441	1395	2	§	§	PROPN
ftr-441	1395	3	1366(d)(2	1366(d)(2	NUM
ftr-441	1395	4	)	)	PUNCT
ftr-441	1395	5	.	.	PUNCT
ftr-441	1396	1	187	187	NUM
ftr-441	1396	2	.	.	PUNCT
ftr-441	1397	1	see	see	VERB
ftr-441	1397	2	irc	irc	PROPN
ftr-441	1397	3	§	§	PROPN
ftr-441	1397	4	752	752	NUM
ftr-441	1397	5	.	.	PUNCT
ftr-441	1398	1	188	188	NUM
ftr-441	1398	2	.	.	PUNCT
ftr-441	1399	1	see	see	VERB
ftr-441	1399	2	irc	irc	PROPN
ftr-441	1399	3	§	§	PROPN
ftr-441	1399	4	§	§	PROPN
ftr-441	1399	5	731(a)(1	731(a)(1	NOUN
ftr-441	1399	6	)	)	PUNCT
ftr-441	1399	7	,	,	PUNCT
ftr-441	1399	8	1368(b	1368(b	NUM
ftr-441	1399	9	)	)	PUNCT
ftr-441	1399	10	.	.	PUNCT
ftr-441	1400	1	189	189	NUM
ftr-441	1400	2	.	.	PUNCT
ftr-441	1400	3	see	see	VERB
ftr-441	1400	4	irc	irc	ADV
ftr-441	1400	5	§	§	PROPN
ftr-441	1400	6	357(c	357(c	PROPN
ftr-441	1400	7	)	)	PUNCT
ftr-441	1400	8	.	.	PUNCT
ftr-441	1401	1	partners	partner	NOUN
ftr-441	1401	2	are	be	AUX
ftr-441	1401	3	generally	generally	ADV
ftr-441	1401	4	taxed	tax	VERB
ftr-441	1401	5	only	only	ADV
ftr-441	1401	6	if	if	SCONJ
ftr-441	1401	7	the	the	DET
ftr-441	1401	8	net	net	ADJ
ftr-441	1401	9	amount	amount	NOUN
ftr-441	1401	10	of	of	ADP
ftr-441	1401	11	liability	liability	NOUN
ftr-441	1401	12	relief	relief	NOUN
ftr-441	1401	13	(	(	PUNCT
ftr-441	1401	14	after	after	ADP
ftr-441	1401	15	taking	take	VERB
ftr-441	1401	16	into	into	ADP
ftr-441	1401	17	account	account	NOUN
ftr-441	1401	18	the	the	DET
ftr-441	1401	19	partner	partner	NOUN
ftr-441	1401	20	's	's	PART
ftr-441	1401	21	share	share	NOUN
ftr-441	1401	22	of	of	ADP
ftr-441	1401	23	the	the	DET
ftr-441	1401	24	resulting	result	VERB
ftr-441	1401	25	partnership	partnership	NOUN
ftr-441	1401	26	liability	liability	NOUN
ftr-441	1401	27	)	)	PUNCT
ftr-441	1401	28	exceeds	exceed	VERB
ftr-441	1401	29	the	the	DET
ftr-441	1401	30	partner	partner	NOUN
ftr-441	1401	31	's	's	PART
ftr-441	1401	32	basis	basis	NOUN
ftr-441	1401	33	in	in	ADP
ftr-441	1401	34	the	the	DET
ftr-441	1401	35	property	property	NOUN
ftr-441	1401	36	transferred	transfer	VERB
ftr-441	1401	37	.	.	PUNCT
ftr-441	1402	1	see	see	VERB
ftr-441	1402	2	regs	reg	NOUN
ftr-441	1402	3	.	.	PUNCT
ftr-441	1403	1	§	§	PROPN
ftr-441	1403	2	1.752	1.752	NUM
ftr-441	1403	3	-	-	SYM
ftr-441	1403	4	1	1	NUM
ftr-441	1403	5	(	(	PUNCT
ftr-441	1403	6	0	0	NUM
ftr-441	1403	7	;	;	PUNCT
ftr-441	1403	8	irc	irc	PROPN
ftr-441	1403	9	§	§	PROPN
ftr-441	1403	10	731	731	NUM
ftr-441	1403	11	(	(	PUNCT
ftr-441	1403	12	a)(1	a)(1	NOUN
ftr-441	1403	13	)	)	PUNCT
ftr-441	1403	14	.	.	PUNCT
ftr-441	1404	1	190	190	NUM
ftr-441	1404	2	.	.	PUNCT
ftr-441	1405	1	see	see	VERB
ftr-441	1405	2	irc	irc	PROPN
ftr-441	1405	3	§	§	PROPN
ftr-441	1405	4	§	§	PROPN
ftr-441	1405	5	704(d	704(d	PROPN
ftr-441	1405	6	)	)	PUNCT
ftr-441	1405	7	,	,	PUNCT
ftr-441	1405	8	1366(d	1366(d	NOUN
ftr-441	1405	9	)	)	PUNCT
ftr-441	1405	10	.	.	PUNCT
ftr-441	1406	1	19991	19991	NUM
ftr-441	1406	2	florida	florida	PROPN
ftr-441	1406	3	tax	tax	PROPN
ftr-441	1406	4	review	review	NOUN
ftr-441	1406	5	s	s	NOUN
ftr-441	1406	6	,	,	PUNCT
ftr-441	1406	7	perhaps	perhaps	ADV
ftr-441	1406	8	because	because	SCONJ
ftr-441	1406	9	of	of	ADP
ftr-441	1406	10	the	the	DET
ftr-441	1406	11	limited	limited	ADJ
ftr-441	1406	12	liability	liability	NOUN
ftr-441	1406	13	protection	protection	NOUN
ftr-441	1406	14	offered	offer	VERB
ftr-441	1406	15	the	the	DET
ftr-441	1406	16	shareholders	shareholder	NOUN
ftr-441	1406	17	of	of	ADP
ftr-441	1406	18	an	an	DET
ftr-441	1406	19	s	s	NOUN
ftr-441	1406	20	corporation	corporation	NOUN
ftr-441	1406	21	.	.	PUNCT
ftr-441	1407	1	thus	thus	ADV
ftr-441	1407	2	,	,	PUNCT
ftr-441	1407	3	it	it	PRON
ftr-441	1407	4	could	could	AUX
ftr-441	1407	5	be	be	AUX
ftr-441	1407	6	argued	argue	VERB
ftr-441	1407	7	that	that	SCONJ
ftr-441	1407	8	entity	entity	NOUN
ftr-441	1407	9	debt	debt	NOUN
ftr-441	1407	10	should	should	AUX
ftr-441	1407	11	be	be	AUX
ftr-441	1407	12	included	include	VERB
ftr-441	1407	13	in	in	ADP
ftr-441	1407	14	the	the	DET
ftr-441	1407	15	outside	outside	ADJ
ftr-441	1407	16	basis	basis	NOUN
ftr-441	1407	17	of	of	ADP
ftr-441	1407	18	an	an	DET
ftr-441	1407	19	owner	owner	NOUN
ftr-441	1407	20	only	only	ADV
ftr-441	1407	21	in	in	ADP
ftr-441	1407	22	circumstances	circumstance	NOUN
ftr-441	1407	23	where	where	SCONJ
ftr-441	1407	24	the	the	DET
ftr-441	1407	25	owner	owner	NOUN
ftr-441	1407	26	is	be	AUX
ftr-441	1407	27	personally	personally	ADV
ftr-441	1407	28	liable	liable	ADJ
ftr-441	1407	29	for	for	ADP
ftr-441	1407	30	repayment	repayment	NOUN
ftr-441	1407	31	of	of	ADP
ftr-441	1407	32	the	the	DET
ftr-441	1407	33	debt	debt	NOUN
ftr-441	1407	34	.	.	PUNCT
ftr-441	1408	1	such	such	DET
ftr-441	1408	2	a	a	DET
ftr-441	1408	3	rule	rule	NOUN
ftr-441	1408	4	would	would	AUX
ftr-441	1408	5	draw	draw	VERB
ftr-441	1408	6	a	a	DET
ftr-441	1408	7	sharp	sharp	ADJ
ftr-441	1408	8	distinction	distinction	NOUN
ftr-441	1408	9	between	between	ADP
ftr-441	1408	10	taxpayers	taxpayer	NOUN
ftr-441	1408	11	based	base	VERB
ftr-441	1408	12	on	on	ADP
ftr-441	1408	13	their	their	PRON
ftr-441	1408	14	choice	choice	NOUN
ftr-441	1408	15	of	of	ADP
ftr-441	1408	16	organizational	organizational	ADJ
ftr-441	1408	17	form	form	NOUN
ftr-441	1408	18	-	-	PUNCT
ftr-441	1408	19	proprietors	proprietor	NOUN
ftr-441	1408	20	,	,	PUNCT
ftr-441	1408	21	co	co	NOUN
ftr-441	1408	22	-	-	NOUN
ftr-441	1408	23	owners	owner	NOUN
ftr-441	1408	24	,	,	PUNCT
ftr-441	1408	25	and	and	CCONJ
ftr-441	1408	26	general	general	ADJ
ftr-441	1408	27	partners	partner	NOUN
ftr-441	1408	28	,	,	PUNCT
ftr-441	1408	29	for	for	ADP
ftr-441	1408	30	example	example	NOUN
ftr-441	1408	31	,	,	PUNCT
ftr-441	1408	32	would	would	AUX
ftr-441	1408	33	obtain	obtain	VERB
ftr-441	1408	34	basis	basis	NOUN
ftr-441	1408	35	for	for	ADP
ftr-441	1408	36	their	their	PRON
ftr-441	1408	37	business	business	NOUN
ftr-441	1408	38	debts	debt	NOUN
ftr-441	1408	39	,	,	PUNCT
ftr-441	1408	40	but	but	CCONJ
ftr-441	1408	41	owners	owner	NOUN
ftr-441	1408	42	of	of	ADP
ftr-441	1408	43	other	other	ADJ
ftr-441	1408	44	firms	firm	NOUN
ftr-441	1408	45	,	,	PUNCT
ftr-441	1408	46	such	such	ADJ
ftr-441	1408	47	as	as	ADP
ftr-441	1408	48	limited	limited	ADJ
ftr-441	1408	49	partnerships	partnership	NOUN
ftr-441	1408	50	,	,	PUNCT
ftr-441	1408	51	limited	limited	ADJ
ftr-441	1408	52	liability	liability	NOUN
ftr-441	1408	53	companies	company	NOUN
ftr-441	1408	54	or	or	CCONJ
ftr-441	1408	55	corporations	corporation	NOUN
ftr-441	1408	56	,	,	PUNCT
ftr-441	1408	57	would	would	AUX
ftr-441	1408	58	not	not	PART
ftr-441	1408	59	.	.	PUNCT
ftr-441	1409	1	it	it	PRON
ftr-441	1409	2	might	might	AUX
ftr-441	1409	3	discourage	discourage	VERB
ftr-441	1409	4	the	the	DET
ftr-441	1409	5	use	use	NOUN
ftr-441	1409	6	of	of	ADP
ftr-441	1409	7	the	the	DET
ftr-441	1409	8	latter	latter	ADJ
ftr-441	1409	9	forms	form	NOUN
ftr-441	1409	10	of	of	ADP
ftr-441	1409	11	business	business	NOUN
ftr-441	1409	12	organization	organization	NOUN
ftr-441	1409	13	.	.	PUNCT
ftr-441	1410	1	it	it	PRON
ftr-441	1410	2	would	would	AUX
ftr-441	1410	3	also	also	ADV
ftr-441	1410	4	be	be	AUX
ftr-441	1410	5	at	at	ADP
ftr-441	1410	6	cross	cross	NOUN
ftr-441	1410	7	purposes	purpose	NOUN
ftr-441	1410	8	with	with	ADP
ftr-441	1410	9	the	the	DET
ftr-441	1410	10	current	current	ADJ
ftr-441	1410	11	law	law	NOUN
ftr-441	1410	12	entity	entity	NOUN
ftr-441	1410	13	classification	classification	NOUN
ftr-441	1410	14	rules	rule	NOUN
ftr-441	1410	15	which	which	PRON
ftr-441	1410	16	generally	generally	ADV
ftr-441	1410	17	disregard	disregard	VERB
ftr-441	1410	18	limited	limited	ADJ
ftr-441	1410	19	liability	liability	NOUN
ftr-441	1410	20	and	and	CCONJ
ftr-441	1410	21	other	other	ADJ
ftr-441	1410	22	organizational	organizational	ADJ
ftr-441	1410	23	characteristics	characteristic	NOUN
ftr-441	1410	24	for	for	ADP
ftr-441	1410	25	income	income	NOUN
ftr-441	1410	26	tax	tax	NOUN
ftr-441	1410	27	purposes	purpose	NOUN
ftr-441	1410	28	.	.	PUNCT
ftr-441	1411	1	moreover	moreover	ADV
ftr-441	1411	2	,	,	PUNCT
ftr-441	1411	3	current	current	ADJ
ftr-441	1411	4	law	law	NOUN
ftr-441	1411	5	allows	allow	VERB
ftr-441	1411	6	taxpayers	taxpayer	NOUN
ftr-441	1411	7	to	to	PART
ftr-441	1411	8	receive	receive	VERB
ftr-441	1411	9	tax	tax	NOUN
ftr-441	1411	10	basis	basis	NOUN
ftr-441	1411	11	for	for	ADP
ftr-441	1411	12	indebtedness	indebtedness	NOUN
ftr-441	1411	13	even	even	ADV
ftr-441	1411	14	though	though	SCONJ
ftr-441	1411	15	the	the	DET
ftr-441	1411	16	taxpayer	taxpayer	NOUN
ftr-441	1411	17	is	be	AUX
ftr-441	1411	18	protected	protect	VERB
ftr-441	1411	19	from	from	ADP
ftr-441	1411	20	personal	personal	ADJ
ftr-441	1411	21	liability	liability	NOUN
ftr-441	1411	22	on	on	ADP
ftr-441	1411	23	the	the	DET
ftr-441	1411	24	debt	debt	NOUN
ftr-441	1411	25	because	because	SCONJ
ftr-441	1411	26	it	it	PRON
ftr-441	1411	27	is	be	AUX
ftr-441	1411	28	nonrecourse.191	nonrecourse.191	PROPN
ftr-441	1411	29	that	that	SCONJ
ftr-441	1411	30	tax	tax	NOUN
ftr-441	1411	31	principle	principle	NOUN
ftr-441	1411	32	would	would	AUX
ftr-441	1411	33	seem	seem	VERB
ftr-441	1411	34	to	to	PART
ftr-441	1411	35	reduce	reduce	VERB
ftr-441	1411	36	the	the	DET
ftr-441	1411	37	force	force	NOUN
ftr-441	1411	38	of	of	ADP
ftr-441	1411	39	a	a	DET
ftr-441	1411	40	distinction	distinction	NOUN
ftr-441	1411	41	based	base	VERB
ftr-441	1411	42	on	on	ADP
ftr-441	1411	43	the	the	DET
ftr-441	1411	44	presence	presence	NOUN
ftr-441	1411	45	or	or	CCONJ
ftr-441	1411	46	absence	absence	NOUN
ftr-441	1411	47	of	of	ADP
ftr-441	1411	48	limited	limited	ADJ
ftr-441	1411	49	liability	liability	NOUN
ftr-441	1411	50	protection	protection	NOUN
ftr-441	1411	51	for	for	ADP
ftr-441	1411	52	the	the	DET
ftr-441	1411	53	owners	owner	NOUN
ftr-441	1411	54	of	of	ADP
ftr-441	1411	55	the	the	DET
ftr-441	1411	56	firm	firm	NOUN
ftr-441	1411	57	.	.	PUNCT
ftr-441	1412	1	in	in	ADP
ftr-441	1412	2	addition	addition	NOUN
ftr-441	1412	3	,	,	PUNCT
ftr-441	1412	4	as	as	ADP
ftr-441	1412	5	a	a	DET
ftr-441	1412	6	practical	practical	ADJ
ftr-441	1412	7	matter	matter	NOUN
ftr-441	1412	8	,	,	PUNCT
ftr-441	1412	9	many	many	ADJ
ftr-441	1412	10	smaller	small	ADJ
ftr-441	1412	11	businesses	business	NOUN
ftr-441	1412	12	,	,	PUNCT
ftr-441	1412	13	regardless	regardless	ADV
ftr-441	1412	14	of	of	ADP
ftr-441	1412	15	their	their	PRON
ftr-441	1412	16	organizational	organizational	ADJ
ftr-441	1412	17	form	form	NOUN
ftr-441	1412	18	,	,	PUNCT
ftr-441	1412	19	are	be	AUX
ftr-441	1412	20	able	able	ADJ
ftr-441	1412	21	to	to	PART
ftr-441	1412	22	borrow	borrow	VERB
ftr-441	1412	23	money	money	NOUN
ftr-441	1412	24	only	only	ADV
ftr-441	1412	25	if	if	SCONJ
ftr-441	1412	26	their	their	PRON
ftr-441	1412	27	owners	owner	NOUN
ftr-441	1412	28	are	be	AUX
ftr-441	1412	29	held	hold	VERB
ftr-441	1412	30	accountable	accountable	ADJ
ftr-441	1412	31	for	for	ADP
ftr-441	1412	32	the	the	DET
ftr-441	1412	33	borrowing	borrowing	NOUN
ftr-441	1412	34	,	,	PUNCT
ftr-441	1412	35	for	for	ADP
ftr-441	1412	36	example	example	NOUN
ftr-441	1412	37	as	as	ADP
ftr-441	1412	38	guarantors	guarantor	NOUN
ftr-441	1412	39	.	.	PUNCT
ftr-441	1413	1	if	if	SCONJ
ftr-441	1413	2	entity	entity	NOUN
ftr-441	1413	3	debt	debt	NOUN
ftr-441	1413	4	were	be	AUX
ftr-441	1413	5	included	include	VERB
ftr-441	1413	6	in	in	ADP
ftr-441	1413	7	an	an	DET
ftr-441	1413	8	owner	owner	NOUN
ftr-441	1413	9	's	's	PART
ftr-441	1413	10	outside	outside	ADJ
ftr-441	1413	11	basis	basis	NOUN
ftr-441	1413	12	only	only	ADV
ftr-441	1413	13	if	if	SCONJ
ftr-441	1413	14	the	the	DET
ftr-441	1413	15	owner	owner	NOUN
ftr-441	1413	16	were	be	AUX
ftr-441	1413	17	liable	liable	ADJ
ftr-441	1413	18	for	for	ADP
ftr-441	1413	19	the	the	DET
ftr-441	1413	20	debt	debt	NOUN
ftr-441	1413	21	,	,	PUNCT
ftr-441	1413	22	would	would	AUX
ftr-441	1413	23	an	an	DET
ftr-441	1413	24	owner	owner	NOUN
ftr-441	1413	25	guarantee	guarantee	NOUN
ftr-441	1413	26	affect	affect	VERB
ftr-441	1413	27	basis?"9	basis?"9	PRON
ftr-441	1413	28	if	if	SCONJ
ftr-441	1413	29	not	not	PART
ftr-441	1413	30	,	,	PUNCT
ftr-441	1413	31	owners	owner	NOUN
ftr-441	1413	32	may	may	AUX
ftr-441	1413	33	simply	simply	ADV
ftr-441	1413	34	be	be	AUX
ftr-441	1413	35	forced	force	VERB
ftr-441	1413	36	to	to	PART
ftr-441	1413	37	structure	structure	VERB
ftr-441	1413	38	their	their	PRON
ftr-441	1413	39	borrowing	borrowing	NOUN
ftr-441	1413	40	in	in	ADP
ftr-441	1413	41	certain	certain	ADJ
ftr-441	1413	42	ways	way	NOUN
ftr-441	1413	43	-	-	PUNCT
ftr-441	1413	44	for	for	ADP
ftr-441	1413	45	example	example	NOUN
ftr-441	1413	46	,	,	PUNCT
ftr-441	1413	47	borrowing	borrow	VERB
ftr-441	1413	48	directly	directly	ADV
ftr-441	1413	49	and	and	CCONJ
ftr-441	1413	50	then	then	ADV
ftr-441	1413	51	contributing	contribute	VERB
ftr-441	1413	52	the	the	DET
ftr-441	1413	53	proceeds	proceed	NOUN
ftr-441	1413	54	to	to	ADP
ftr-441	1413	55	the	the	DET
ftr-441	1413	56	firm	firm	NOUN
ftr-441	1413	57	-	-	PUNCT
ftr-441	1413	58	rather	rather	ADV
ftr-441	1413	59	than	than	ADP
ftr-441	1413	60	using	use	VERB
ftr-441	1413	61	other	other	ADJ
ftr-441	1413	62	,	,	PUNCT
ftr-441	1413	63	more	more	ADV
ftr-441	1413	64	natural	natural	ADJ
ftr-441	1413	65	and	and	CCONJ
ftr-441	1413	66	more	more	ADV
ftr-441	1413	67	easily	easily	ADV
ftr-441	1413	68	attainable	attainable	ADJ
ftr-441	1413	69	ways	way	NOUN
ftr-441	1413	70	.	.	PUNCT
ftr-441	1414	1	as	as	SCONJ
ftr-441	1414	2	is	be	AUX
ftr-441	1414	3	true	true	ADJ
ftr-441	1414	4	in	in	ADP
ftr-441	1414	5	subchapter	subchapter	NOUN
ftr-441	1414	6	s	s	PART
ftr-441	1414	7	,	,	PUNCT
ftr-441	1414	8	there	there	PRON
ftr-441	1414	9	would	would	AUX
ftr-441	1414	10	be	be	AUX
ftr-441	1414	11	a	a	DET
ftr-441	1414	12	premium	premium	NOUN
ftr-441	1414	13	on	on	ADP
ftr-441	1414	14	proper	proper	ADJ
ftr-441	1414	15	tax	tax	NOUN
ftr-441	1414	16	planning	planning	NOUN
ftr-441	1414	17	.	.	PUNCT
ftr-441	1415	1	other	other	ADJ
ftr-441	1415	2	complicated	complicated	ADJ
ftr-441	1415	3	rules	rule	NOUN
ftr-441	1415	4	may	may	AUX
ftr-441	1415	5	also	also	ADV
ftr-441	1415	6	be	be	AUX
ftr-441	1415	7	needed	need	VERB
ftr-441	1415	8	to	to	PART
ftr-441	1415	9	relieve	relieve	VERB
ftr-441	1415	10	the	the	DET
ftr-441	1415	11	absence	absence	NOUN
ftr-441	1415	12	of	of	ADP
ftr-441	1415	13	rules	rule	NOUN
ftr-441	1415	14	like	like	ADP
ftr-441	1415	15	section	section	NOUN
ftr-441	1415	16	752	752	NUM
ftr-441	1415	17	,	,	PUNCT
ftr-441	1415	18	such	such	ADJ
ftr-441	1415	19	as	as	ADP
ftr-441	1415	20	the	the	DET
ftr-441	1415	21	provisions	provision	NOUN
ftr-441	1415	22	in	in	ADP
ftr-441	1415	23	subchapter	subchapter	NOUN
ftr-441	1415	24	s	s	PART
ftr-441	1415	25	enabling	enable	VERB
ftr-441	1415	26	losses	loss	NOUN
ftr-441	1415	27	to	to	PART
ftr-441	1415	28	be	be	AUX
ftr-441	1415	29	deducted	deduct	VERB
ftr-441	1415	30	up	up	ADP
ftr-441	1415	31	to	to	ADP
ftr-441	1415	32	debt	debt	NOUN
ftr-441	1415	33	basis	basis	NOUN
ftr-441	1415	34	.	.	PUNCT
ftr-441	1415	35	'	'	PUNCT
ftr-441	1416	1	93	93	NUM
ftr-441	1416	2	191	191	NUM
ftr-441	1416	3	.	.	PUNCT
ftr-441	1417	1	see	see	VERB
ftr-441	1417	2	crane	crane	NOUN
ftr-441	1417	3	v.	v.	PROPN
ftr-441	1417	4	commissioner	commissioner	PROPN
ftr-441	1417	5	,	,	PUNCT
ftr-441	1417	6	331	331	NUM
ftr-441	1417	7	u.s	u.s	PROPN
ftr-441	1417	8	.	.	PROPN
ftr-441	1417	9	1	1	NUM
ftr-441	1417	10	(	(	PUNCT
ftr-441	1417	11	1947	1947	NUM
ftr-441	1417	12	)	)	PUNCT
ftr-441	1417	13	.	.	PUNCT
ftr-441	1418	1	192	192	NUM
ftr-441	1418	2	.	.	PUNCT
ftr-441	1419	1	in	in	ADP
ftr-441	1419	2	subchapter	subchapter	NOUN
ftr-441	1419	3	s	s	PART
ftr-441	1419	4	,	,	PUNCT
ftr-441	1419	5	the	the	DET
ftr-441	1419	6	answer	answer	NOUN
ftr-441	1419	7	generally	generally	ADV
ftr-441	1419	8	is	be	AUX
ftr-441	1419	9	"	"	PUNCT
ftr-441	1419	10	no	no	INTJ
ftr-441	1419	11	.	.	PUNCT
ftr-441	1419	12	"	"	PUNCT
ftr-441	1420	1	see	see	VERB
ftr-441	1420	2	,	,	PUNCT
ftr-441	1420	3	e.g.	e.g.	ADV
ftr-441	1420	4	,	,	PUNCT
ftr-441	1420	5	estate	estate	NOUN
ftr-441	1420	6	of	of	ADP
ftr-441	1420	7	leavitt	leavitt	PROPN
ftr-441	1420	8	v.	v.	PROPN
ftr-441	1420	9	commissioner	commissioner	PROPN
ftr-441	1420	10	,	,	PUNCT
ftr-441	1420	11	90	90	NUM
ftr-441	1420	12	t.c	t.c	NOUN
ftr-441	1420	13	.	.	PROPN
ftr-441	1420	14	206	206	NUM
ftr-441	1420	15	(	(	PUNCT
ftr-441	1420	16	1988	1988	NUM
ftr-441	1420	17	)	)	PUNCT
ftr-441	1420	18	,	,	PUNCT
ftr-441	1420	19	aff'd	aff'd	NOUN
ftr-441	1420	20	,	,	PUNCT
ftr-441	1420	21	875	875	NUM
ftr-441	1420	22	f.2d	f.2d	ADP
ftr-441	1420	23	420	420	NUM
ftr-441	1420	24	(	(	PUNCT
ftr-441	1420	25	4th	4th	ADJ
ftr-441	1420	26	cir	cir	NOUN
ftr-441	1420	27	.	.	PROPN
ftr-441	1420	28	1989	1989	NUM
ftr-441	1420	29	)	)	PUNCT
ftr-441	1420	30	,	,	PUNCT
ftr-441	1420	31	cert	cert	PROPN
ftr-441	1420	32	.	.	PUNCT
ftr-441	1421	1	denied	deny	VERB
ftr-441	1421	2	,	,	PUNCT
ftr-441	1421	3	493	493	NUM
ftr-441	1421	4	u.s	u.s	PROPN
ftr-441	1421	5	.	.	PROPN
ftr-441	1421	6	958	958	NUM
ftr-441	1421	7	(	(	PUNCT
ftr-441	1421	8	1989	1989	NUM
ftr-441	1421	9	)	)	PUNCT
ftr-441	1421	10	;	;	PUNCT
ftr-441	1422	1	harris	harris	PROPN
ftr-441	1422	2	v.	v.	PROPN
ftr-441	1422	3	united	united	PROPN
ftr-441	1422	4	states	states	PROPN
ftr-441	1422	5	,	,	PUNCT
ftr-441	1422	6	902	902	NUM
ftr-441	1422	7	f.2d	f.2d	NUM
ftr-441	1422	8	439	439	NUM
ftr-441	1422	9	(	(	PUNCT
ftr-441	1422	10	5th	5th	ADJ
ftr-441	1422	11	cir	cir	NOUN
ftr-441	1422	12	.	.	PUNCT
ftr-441	1422	13	1990	1990	NUM
ftr-441	1422	14	)	)	PUNCT
ftr-441	1422	15	.	.	PUNCT
ftr-441	1423	1	in	in	ADP
ftr-441	1423	2	both	both	DET
ftr-441	1423	3	subchapter	subchapter	NOUN
ftr-441	1423	4	k	k	NOUN
ftr-441	1423	5	and	and	CCONJ
ftr-441	1423	6	in	in	ADP
ftr-441	1423	7	determining	determine	VERB
ftr-441	1423	8	whether	whether	SCONJ
ftr-441	1423	9	the	the	DET
ftr-441	1423	10	guarantor	guarantor	NOUN
ftr-441	1423	11	is	be	AUX
ftr-441	1423	12	"	"	PUNCT
ftr-441	1423	13	at	at	ADP
ftr-441	1423	14	risk	risk	NOUN
ftr-441	1423	15	"	"	PUNCT
ftr-441	1423	16	with	with	ADP
ftr-441	1423	17	respect	respect	NOUN
ftr-441	1423	18	to	to	ADP
ftr-441	1423	19	the	the	DET
ftr-441	1423	20	liability	liability	NOUN
ftr-441	1423	21	,	,	PUNCT
ftr-441	1423	22	the	the	DET
ftr-441	1423	23	answer	answer	NOUN
ftr-441	1423	24	may	may	AUX
ftr-441	1423	25	be	be	AUX
ftr-441	1423	26	"	"	PUNCT
ftr-441	1423	27	yes	yes	INTJ
ftr-441	1423	28	,	,	PUNCT
ftr-441	1423	29	"	"	PUNCT
ftr-441	1423	30	generally	generally	ADV
ftr-441	1423	31	depending	depend	VERB
ftr-441	1423	32	upon	upon	SCONJ
ftr-441	1423	33	the	the	DET
ftr-441	1423	34	nature	nature	NOUN
ftr-441	1423	35	of	of	ADP
ftr-441	1423	36	the	the	DET
ftr-441	1423	37	primary	primary	ADJ
ftr-441	1423	38	obligor	obligor	NOUN
ftr-441	1423	39	's	's	PART
ftr-441	1423	40	obligation	obligation	NOUN
ftr-441	1423	41	and	and	CCONJ
ftr-441	1423	42	the	the	DET
ftr-441	1423	43	reimbursement	reimbursement	NOUN
ftr-441	1423	44	rights	right	NOUN
ftr-441	1423	45	of	of	ADP
ftr-441	1423	46	the	the	DET
ftr-441	1423	47	guarantor	guarantor	NOUN
ftr-441	1423	48	.	.	PUNCT
ftr-441	1424	1	see	see	VERB
ftr-441	1424	2	regs	reg	NOUN
ftr-441	1424	3	.	.	PUNCT
ftr-441	1425	1	§	§	PROPN
ftr-441	1425	2	1.752	1.752	NUM
ftr-441	1425	3	-	-	SYM
ftr-441	1425	4	2(b)(3)(i	2(b)(3)(i	NUM
ftr-441	1425	5	)	)	PUNCT
ftr-441	1425	6	,	,	PUNCT
ftr-441	1425	7	(	(	PUNCT
ftr-441	1425	8	5	5	NUM
ftr-441	1425	9	)	)	PUNCT
ftr-441	1425	10	,	,	PUNCT
ftr-441	1425	11	and	and	CCONJ
ftr-441	1425	12	(	(	PUNCT
ftr-441	1425	13	6	6	NUM
ftr-441	1425	14	)	)	PUNCT
ftr-441	1425	15	;	;	PUNCT
ftr-441	1426	1	prop	prop	NOUN
ftr-441	1426	2	.	.	PUNCT
ftr-441	1426	3	regs	regs	PROPN
ftr-441	1426	4	.	.	PUNCT
ftr-441	1427	1	§	§	PROPN
ftr-441	1427	2	1.465	1.465	NUM
ftr-441	1427	3	-	-	PUNCT
ftr-441	1427	4	6(d	6(d	NUM
ftr-441	1427	5	)	)	PUNCT
ftr-441	1427	6	(	(	PUNCT
ftr-441	1427	7	guarantee	guarantee	NOUN
ftr-441	1427	8	does	do	AUX
ftr-441	1427	9	not	not	PART
ftr-441	1427	10	increase	increase	VERB
ftr-441	1427	11	at	at	ADP
ftr-441	1427	12	risk	risk	NOUN
ftr-441	1427	13	amount	amount	NOUN
ftr-441	1427	14	)	)	PUNCT
ftr-441	1427	15	;	;	PUNCT
ftr-441	1427	16	brand	brand	NOUN
ftr-441	1427	17	v.	v.	ADP
ftr-441	1427	18	commissioner	commissioner	PROPN
ftr-441	1427	19	,	,	PUNCT
ftr-441	1427	20	81	81	NUM
ftr-441	1427	21	t.c	t.c	PROPN
ftr-441	1427	22	.	.	PROPN
ftr-441	1427	23	821	821	NUM
ftr-441	1427	24	(	(	PUNCT
ftr-441	1427	25	1983	1983	NUM
ftr-441	1427	26	)	)	PUNCT
ftr-441	1427	27	(	(	PUNCT
ftr-441	1427	28	guarantee	guarantee	NOUN
ftr-441	1427	29	does	do	AUX
ftr-441	1427	30	not	not	PART
ftr-441	1427	31	increase	increase	VERB
ftr-441	1427	32	at	at	ADP
ftr-441	1427	33	risk	risk	NOUN
ftr-441	1427	34	amount	amount	NOUN
ftr-441	1427	35	because	because	SCONJ
ftr-441	1427	36	of	of	ADP
ftr-441	1427	37	guarantor	guarantor	NOUN
ftr-441	1427	38	's	's	PART
ftr-441	1427	39	right	right	NOUN
ftr-441	1427	40	of	of	ADP
ftr-441	1427	41	indemnification	indemnification	NOUN
ftr-441	1427	42	against	against	ADP
ftr-441	1427	43	the	the	DET
ftr-441	1427	44	partnership	partnership	NOUN
ftr-441	1427	45	)	)	PUNCT
ftr-441	1427	46	;	;	PUNCT
ftr-441	1427	47	peters	peters	PROPN
ftr-441	1427	48	v.	v.	PROPN
ftr-441	1427	49	commissioner	commissioner	PROPN
ftr-441	1427	50	,	,	PUNCT
ftr-441	1427	51	89	89	NUM
ftr-441	1427	52	t.c	t.c	PROPN
ftr-441	1427	53	.	.	PROPN
ftr-441	1427	54	423	423	NUM
ftr-441	1427	55	(	(	PUNCT
ftr-441	1427	56	1987	1987	NUM
ftr-441	1427	57	)	)	PUNCT
ftr-441	1427	58	(	(	PUNCT
ftr-441	1427	59	same	same	ADJ
ftr-441	1427	60	)	)	PUNCT
ftr-441	1427	61	;	;	PUNCT
ftr-441	1427	62	abramson	abramson	PROPN
ftr-441	1427	63	v.	v.	PROPN
ftr-441	1427	64	commissioner	commissioner	PROPN
ftr-441	1427	65	,	,	PUNCT
ftr-441	1427	66	86	86	NUM
ftr-441	1427	67	t.c	t.c	PROPN
ftr-441	1427	68	.	.	PROPN
ftr-441	1427	69	360	360	NUM
ftr-441	1427	70	(	(	PUNCT
ftr-441	1427	71	1986	1986	NUM
ftr-441	1427	72	)	)	PUNCT
ftr-441	1427	73	(	(	PUNCT
ftr-441	1427	74	guarantee	guarantee	NOUN
ftr-441	1427	75	increased	increase	VERB
ftr-441	1427	76	at	at	ADP
ftr-441	1427	77	risk	risk	NOUN
ftr-441	1427	78	amount	amount	NOUN
ftr-441	1427	79	because	because	SCONJ
ftr-441	1427	80	there	there	PRON
ftr-441	1427	81	was	be	VERB
ftr-441	1427	82	no	no	DET
ftr-441	1427	83	primary	primary	ADJ
ftr-441	1427	84	obligor	obligor	NOUN
ftr-441	1427	85	and	and	CCONJ
ftr-441	1427	86	no	no	DET
ftr-441	1427	87	right	right	NOUN
ftr-441	1427	88	of	of	ADP
ftr-441	1427	89	reimbursement	reimbursement	NOUN
ftr-441	1427	90	from	from	ADP
ftr-441	1427	91	anyone	anyone	PRON
ftr-441	1427	92	)	)	PUNCT
ftr-441	1427	93	.	.	PUNCT
ftr-441	1428	1	193	193	NUM
ftr-441	1428	2	.	.	PUNCT
ftr-441	1428	3	see	see	VERB
ftr-441	1428	4	irc	irc	PROPN
ftr-441	1428	5	§	§	PROPN
ftr-441	1428	6	1366(d)(1)(b	1366(d)(1)(b	NUM
ftr-441	1428	7	)	)	PUNCT
ftr-441	1428	8	.	.	PUNCT
ftr-441	1429	1	[	[	X
ftr-441	1429	2	vol	vol	NOUN
ftr-441	1429	3	4:3	4:3	NUM
ftr-441	1429	4	the	the	DET
ftr-441	1429	5	future	future	ADJ
ftr-441	1429	6	taxation	taxation	NOUN
ftr-441	1429	7	of	of	ADP
ftr-441	1429	8	private	private	ADJ
ftr-441	1429	9	business	business	NOUN
ftr-441	1429	10	firms	firm	NOUN
ftr-441	1429	11	finally	finally	ADV
ftr-441	1429	12	,	,	PUNCT
ftr-441	1429	13	the	the	DET
ftr-441	1429	14	basic	basic	ADJ
ftr-441	1429	15	case	case	NOUN
ftr-441	1429	16	against	against	ADP
ftr-441	1429	17	inclusion	inclusion	NOUN
ftr-441	1429	18	of	of	ADP
ftr-441	1429	19	entity	entity	NOUN
ftr-441	1429	20	debt	debt	NOUN
ftr-441	1429	21	in	in	ADP
ftr-441	1429	22	outside	outside	ADJ
ftr-441	1429	23	basis	basis	NOUN
ftr-441	1429	24	is	be	AUX
ftr-441	1429	25	not	not	PART
ftr-441	1429	26	limited	limit	VERB
ftr-441	1429	27	to	to	ADP
ftr-441	1429	28	the	the	DET
ftr-441	1429	29	taxation	taxation	NOUN
ftr-441	1429	30	of	of	ADP
ftr-441	1429	31	an	an	DET
ftr-441	1429	32	spbf	spbf	NOUN
ftr-441	1429	33	;	;	PUNCT
ftr-441	1429	34	the	the	DET
ftr-441	1429	35	argument	argument	NOUN
ftr-441	1429	36	applies	apply	VERB
ftr-441	1429	37	with	with	ADP
ftr-441	1429	38	equal	equal	ADJ
ftr-441	1429	39	force	force	NOUN
ftr-441	1429	40	to	to	ADP
ftr-441	1429	41	non	non	ADJ
ftr-441	1429	42	-	-	ADJ
ftr-441	1429	43	spbf	spbf	ADJ
ftr-441	1429	44	private	private	ADJ
ftr-441	1429	45	business	business	NOUN
ftr-441	1429	46	firms	firm	NOUN
ftr-441	1429	47	.	.	PUNCT
ftr-441	1430	1	in	in	ADP
ftr-441	1430	2	other	other	ADJ
ftr-441	1430	3	words	word	NOUN
ftr-441	1430	4	,	,	PUNCT
ftr-441	1430	5	the	the	DET
ftr-441	1430	6	argument	argument	NOUN
ftr-441	1430	7	would	would	AUX
ftr-441	1430	8	question	question	VERB
ftr-441	1430	9	the	the	DET
ftr-441	1430	10	presence	presence	NOUN
ftr-441	1430	11	of	of	ADP
ftr-441	1430	12	section	section	NOUN
ftr-441	1430	13	752	752	NUM
ftr-441	1430	14	in	in	ADP
ftr-441	1430	15	the	the	DET
ftr-441	1430	16	default	default	NOUN
ftr-441	1430	17	version	version	NOUN
ftr-441	1430	18	of	of	ADP
ftr-441	1430	19	conduit	conduit	NOUN
ftr-441	1430	20	taxation	taxation	NOUN
ftr-441	1430	21	,	,	PUNCT
ftr-441	1430	22	i.e.	i.e.	X
ftr-441	1430	23	,	,	PUNCT
ftr-441	1430	24	subchapter	subchapter	NOUN
ftr-441	1430	25	k	k	NOUN
ftr-441	1430	26	,	,	PUNCT
ftr-441	1430	27	and	and	CCONJ
ftr-441	1430	28	not	not	PART
ftr-441	1430	29	just	just	ADV
ftr-441	1430	30	in	in	ADP
ftr-441	1430	31	the	the	DET
ftr-441	1430	32	spbf	spbf	ADJ
ftr-441	1430	33	system	system	NOUN
ftr-441	1430	34	.	.	PUNCT
ftr-441	1431	1	this	this	PRON
ftr-441	1431	2	follows	follow	VERB
ftr-441	1431	3	from	from	ADP
ftr-441	1431	4	the	the	DET
ftr-441	1431	5	fact	fact	NOUN
ftr-441	1431	6	that	that	SCONJ
ftr-441	1431	7	the	the	DET
ftr-441	1431	8	spbf	spbf	ADJ
ftr-441	1431	9	classification	classification	NOUN
ftr-441	1431	10	line	line	NOUN
ftr-441	1431	11	is	be	AUX
ftr-441	1431	12	not	not	PART
ftr-441	1431	13	based	base	VERB
ftr-441	1431	14	on	on	ADP
ftr-441	1431	15	the	the	DET
ftr-441	1431	16	limited	limited	ADJ
ftr-441	1431	17	liability	liability	NOUN
ftr-441	1431	18	protection	protection	NOUN
ftr-441	1431	19	offered	offer	VERB
ftr-441	1431	20	to	to	ADP
ftr-441	1431	21	the	the	DET
ftr-441	1431	22	owners	owner	NOUN
ftr-441	1431	23	of	of	ADP
ftr-441	1431	24	the	the	DET
ftr-441	1431	25	firm	firm	NOUN
ftr-441	1431	26	.	.	PUNCT
ftr-441	1432	1	indeed	indeed	ADV
ftr-441	1432	2	,	,	PUNCT
ftr-441	1432	3	for	for	ADP
ftr-441	1432	4	several	several	ADJ
ftr-441	1432	5	reasons	reason	NOUN
ftr-441	1432	6	,	,	PUNCT
ftr-441	1432	7	a	a	DET
ftr-441	1432	8	much	much	ADV
ftr-441	1432	9	stronger	strong	ADJ
ftr-441	1432	10	case	case	NOUN
ftr-441	1432	11	could	could	AUX
ftr-441	1432	12	be	be	AUX
ftr-441	1432	13	made	make	VERB
ftr-441	1432	14	to	to	PART
ftr-441	1432	15	exclude	exclude	VERB
ftr-441	1432	16	section	section	NOUN
ftr-441	1432	17	752	752	NUM
ftr-441	1432	18	from	from	ADP
ftr-441	1432	19	the	the	DET
ftr-441	1432	20	default	default	NOUN
ftr-441	1432	21	conduit	conduit	NOUN
ftr-441	1432	22	version	version	NOUN
ftr-441	1432	23	than	than	SCONJ
ftr-441	1432	24	to	to	PART
ftr-441	1432	25	exclude	exclude	VERB
ftr-441	1432	26	it	it	PRON
ftr-441	1432	27	from	from	ADP
ftr-441	1432	28	the	the	DET
ftr-441	1432	29	spbf	spbf	ADJ
ftr-441	1432	30	system	system	NOUN
ftr-441	1432	31	.	.	PUNCT
ftr-441	1433	1	for	for	ADP
ftr-441	1433	2	one	one	NUM
ftr-441	1433	3	thing	thing	NOUN
ftr-441	1433	4	,	,	PUNCT
ftr-441	1433	5	inclusion	inclusion	NOUN
ftr-441	1433	6	of	of	ADP
ftr-441	1433	7	debt	debt	NOUN
ftr-441	1433	8	in	in	ADP
ftr-441	1433	9	basis	basis	NOUN
ftr-441	1433	10	increases	increase	VERB
ftr-441	1433	11	the	the	DET
ftr-441	1433	12	amount	amount	NOUN
ftr-441	1433	13	of	of	ADP
ftr-441	1433	14	losses	loss	NOUN
ftr-441	1433	15	of	of	ADP
ftr-441	1433	16	the	the	DET
ftr-441	1433	17	firm	firm	NOUN
ftr-441	1433	18	currently	currently	ADV
ftr-441	1433	19	available	available	ADJ
ftr-441	1433	20	to	to	ADP
ftr-441	1433	21	owners	owner	NOUN
ftr-441	1433	22	.	.	PUNCT
ftr-441	1434	1	it	it	PRON
ftr-441	1434	2	therefore	therefore	ADV
ftr-441	1434	3	places	place	VERB
ftr-441	1434	4	greater	great	ADJ
ftr-441	1434	5	pressure	pressure	NOUN
ftr-441	1434	6	on	on	ADP
ftr-441	1434	7	the	the	DET
ftr-441	1434	8	proper	proper	ADJ
ftr-441	1434	9	allocation	allocation	NOUN
ftr-441	1434	10	of	of	ADP
ftr-441	1434	11	those	those	DET
ftr-441	1434	12	losses	loss	NOUN
ftr-441	1434	13	.	.	PUNCT
ftr-441	1435	1	but	but	CCONJ
ftr-441	1435	2	unlike	unlike	ADP
ftr-441	1435	3	the	the	DET
ftr-441	1435	4	default	default	NOUN
ftr-441	1435	5	version	version	NOUN
ftr-441	1435	6	of	of	ADP
ftr-441	1435	7	conduit	conduit	NOUN
ftr-441	1435	8	taxation	taxation	NOUN
ftr-441	1435	9	,	,	PUNCT
ftr-441	1435	10	which	which	PRON
ftr-441	1435	11	may	may	AUX
ftr-441	1435	12	be	be	AUX
ftr-441	1435	13	vulnerable	vulnerable	ADJ
ftr-441	1435	14	to	to	ADP
ftr-441	1435	15	potential	potential	ADJ
ftr-441	1435	16	misallocations	misallocation	NOUN
ftr-441	1435	17	of	of	ADP
ftr-441	1435	18	tax	tax	NOUN
ftr-441	1435	19	items	item	NOUN
ftr-441	1435	20	,	,	PUNCT
ftr-441	1435	21	the	the	DET
ftr-441	1435	22	spbf	spbf	ADJ
ftr-441	1435	23	system	system	NOUN
ftr-441	1435	24	mandates	mandate	VERB
ftr-441	1435	25	a	a	DET
ftr-441	1435	26	straightforward	straightforward	ADJ
ftr-441	1435	27	allocation	allocation	NOUN
ftr-441	1435	28	scheme	scheme	NOUN
ftr-441	1435	29	designed	design	VERB
ftr-441	1435	30	to	to	PART
ftr-441	1435	31	preclude	preclude	VERB
ftr-441	1435	32	manipulative	manipulative	ADJ
ftr-441	1435	33	possibilities	possibility	NOUN
ftr-441	1435	34	.	.	PUNCT
ftr-441	1436	1	in	in	ADP
ftr-441	1436	2	particular	particular	ADJ
ftr-441	1436	3	,	,	PUNCT
ftr-441	1436	4	all	all	DET
ftr-441	1436	5	losses	loss	NOUN
ftr-441	1436	6	of	of	ADP
ftr-441	1436	7	an	an	DET
ftr-441	1436	8	spbf	spbf	NOUN
ftr-441	1436	9	are	be	AUX
ftr-441	1436	10	allocable	allocable	ADJ
ftr-441	1436	11	only	only	ADV
ftr-441	1436	12	to	to	ADP
ftr-441	1436	13	residual	residual	ADJ
ftr-441	1436	14	interest	interest	NOUN
ftr-441	1436	15	holders	holder	NOUN
ftr-441	1436	16	in	in	ADP
ftr-441	1436	17	accordance	accordance	NOUN
ftr-441	1436	18	with	with	ADP
ftr-441	1436	19	their	their	PRON
ftr-441	1436	20	percentage	percentage	NOUN
ftr-441	1436	21	interest	interest	NOUN
ftr-441	1436	22	in	in	ADP
ftr-441	1436	23	that	that	DET
ftr-441	1436	24	class	class	NOUN
ftr-441	1436	25	of	of	ADP
ftr-441	1436	26	ownership	ownership	NOUN
ftr-441	1436	27	.	.	PUNCT
ftr-441	1437	1	hence	hence	ADV
ftr-441	1437	2	,	,	PUNCT
ftr-441	1437	3	the	the	DET
ftr-441	1437	4	inclusion	inclusion	NOUN
ftr-441	1437	5	of	of	ADP
ftr-441	1437	6	debt	debt	NOUN
ftr-441	1437	7	in	in	ADP
ftr-441	1437	8	basis	basis	NOUN
ftr-441	1437	9	is	be	AUX
ftr-441	1437	10	much	much	ADV
ftr-441	1437	11	less	less	ADV
ftr-441	1437	12	likely	likely	ADJ
ftr-441	1437	13	to	to	PART
ftr-441	1437	14	result	result	VERB
ftr-441	1437	15	in	in	ADP
ftr-441	1437	16	an	an	DET
ftr-441	1437	17	abusive	abusive	ADJ
ftr-441	1437	18	outcome	outcome	NOUN
ftr-441	1437	19	in	in	ADP
ftr-441	1437	20	the	the	DET
ftr-441	1437	21	spbf	spbf	ADJ
ftr-441	1437	22	system	system	NOUN
ftr-441	1437	23	than	than	ADP
ftr-441	1437	24	in	in	ADP
ftr-441	1437	25	the	the	DET
ftr-441	1437	26	default	default	NOUN
ftr-441	1437	27	system	system	NOUN
ftr-441	1437	28	.	.	PUNCT
ftr-441	1438	1	second	second	ADJ
ftr-441	1438	2	,	,	PUNCT
ftr-441	1438	3	the	the	DET
ftr-441	1438	4	allocation	allocation	NOUN
ftr-441	1438	5	of	of	ADP
ftr-441	1438	6	debt	debt	NOUN
ftr-441	1438	7	of	of	ADP
ftr-441	1438	8	the	the	DET
ftr-441	1438	9	firm	firm	NOUN
ftr-441	1438	10	among	among	ADP
ftr-441	1438	11	the	the	DET
ftr-441	1438	12	owners	owner	NOUN
ftr-441	1438	13	is	be	AUX
ftr-441	1438	14	considerably	considerably	ADV
ftr-441	1438	15	more	more	ADV
ftr-441	1438	16	difficult	difficult	ADJ
ftr-441	1438	17	for	for	ADP
ftr-441	1438	18	the	the	DET
ftr-441	1438	19	default	default	NOUN
ftr-441	1438	20	conduit	conduit	NOUN
ftr-441	1438	21	system	system	NOUN
ftr-441	1438	22	than	than	ADP
ftr-441	1438	23	in	in	ADP
ftr-441	1438	24	the	the	DET
ftr-441	1438	25	spbf	spbf	ADJ
ftr-441	1438	26	system	system	NOUN
ftr-441	1438	27	.	.	PUNCT
ftr-441	1439	1	in	in	ADP
ftr-441	1439	2	subchapter	subchapter	NOUN
ftr-441	1439	3	k	k	PROPN
ftr-441	1439	4	,	,	PUNCT
ftr-441	1439	5	for	for	ADP
ftr-441	1439	6	example	example	NOUN
ftr-441	1439	7	,	,	PUNCT
ftr-441	1439	8	the	the	DET
ftr-441	1439	9	regulations	regulation	NOUN
ftr-441	1439	10	under	under	ADP
ftr-441	1439	11	section	section	NOUN
ftr-441	1439	12	752	752	NUM
ftr-441	1439	13	generally	generally	ADV
ftr-441	1439	14	attempt	attempt	VERB
ftr-441	1439	15	to	to	PART
ftr-441	1439	16	allocate	allocate	VERB
ftr-441	1439	17	partnership	partnership	NOUN
ftr-441	1439	18	debt	debt	NOUN
ftr-441	1439	19	among	among	ADP
ftr-441	1439	20	the	the	DET
ftr-441	1439	21	partners	partner	NOUN
ftr-441	1439	22	in	in	ADP
ftr-441	1439	23	accordance	accordance	NOUN
ftr-441	1439	24	with	with	ADP
ftr-441	1439	25	the	the	DET
ftr-441	1439	26	manner	manner	NOUN
ftr-441	1439	27	in	in	ADP
ftr-441	1439	28	which	which	PRON
ftr-441	1439	29	they	they	PRON
ftr-441	1439	30	share	share	VERB
ftr-441	1439	31	the	the	DET
ftr-441	1439	32	economic	economic	ADJ
ftr-441	1439	33	risk	risk	NOUN
ftr-441	1439	34	of	of	ADP
ftr-441	1439	35	loss	loss	NOUN
ftr-441	1439	36	relating	relate	VERB
ftr-441	1439	37	to	to	ADP
ftr-441	1439	38	the	the	DET
ftr-441	1439	39	liability.194	liability.194	NOUN
ftr-441	1439	40	yet	yet	ADV
ftr-441	1439	41	to	to	PART
ftr-441	1439	42	determine	determine	VERB
ftr-441	1439	43	that	that	DET
ftr-441	1439	44	share	share	NOUN
ftr-441	1439	45	,	,	PUNCT
ftr-441	1439	46	the	the	DET
ftr-441	1439	47	regulations	regulation	NOUN
ftr-441	1439	48	require	require	VERB
ftr-441	1439	49	one	one	NUM
ftr-441	1439	50	to	to	PART
ftr-441	1439	51	fantasize	fantasize	VERB
ftr-441	1439	52	a	a	DET
ftr-441	1439	53	completely	completely	ADV
ftr-441	1439	54	improbable	improbable	ADJ
ftr-441	1439	55	scenario	scenario	NOUN
ftr-441	1439	56	--	--	PUNCT
ftr-441	1439	57	a	a	DET
ftr-441	1439	58	constructive	constructive	ADJ
ftr-441	1439	59	liquidation	liquidation	NOUN
ftr-441	1439	60	of	of	ADP
ftr-441	1439	61	the	the	DET
ftr-441	1439	62	partnership	partnership	NOUN
ftr-441	1439	63	under	under	ADP
ftr-441	1439	64	the	the	DET
ftr-441	1439	65	worst	bad	ADJ
ftr-441	1439	66	possible	possible	ADJ
ftr-441	1439	67	circumstances	circumstance	NOUN
ftr-441	1439	68	.	.	PUNCT
ftr-441	1439	69	'	'	PUNCT
ftr-441	1440	1	this	this	DET
ftr-441	1440	2	process	process	NOUN
ftr-441	1440	3	is	be	AUX
ftr-441	1440	4	a	a	DET
ftr-441	1440	5	complicated	complicated	ADJ
ftr-441	1440	6	one	one	NUM
ftr-441	1440	7	and	and	CCONJ
ftr-441	1440	8	leaves	leave	VERB
ftr-441	1440	9	serious	serious	ADJ
ftr-441	1440	10	doubt	doubt	ADV
ftr-441	1440	11	whether	whether	SCONJ
ftr-441	1440	12	the	the	DET
ftr-441	1440	13	allocation	allocation	NOUN
ftr-441	1440	14	of	of	ADP
ftr-441	1440	15	liabilities	liability	NOUN
ftr-441	1440	16	authorized	authorize	VERB
ftr-441	1440	17	by	by	ADP
ftr-441	1440	18	the	the	DET
ftr-441	1440	19	regulations	regulation	NOUN
ftr-441	1440	20	is	be	AUX
ftr-441	1440	21	appropriate	appropriate	ADJ
ftr-441	1440	22	.	.	PUNCT
ftr-441	1441	1	'9	'9	NOUN
ftr-441	1441	2	further	far	ADV
ftr-441	1441	3	,	,	PUNCT
ftr-441	1441	4	the	the	DET
ftr-441	1441	5	basic	basic	ADJ
ftr-441	1441	6	economic	economic	ADJ
ftr-441	1441	7	risk	risk	NOUN
ftr-441	1441	8	of	of	ADP
ftr-441	1441	9	loss	loss	NOUN
ftr-441	1441	10	analysis	analysis	NOUN
ftr-441	1441	11	does	do	AUX
ftr-441	1441	12	not	not	PART
ftr-441	1441	13	apply	apply	VERB
ftr-441	1441	14	in	in	ADP
ftr-441	1441	15	determining	determine	VERB
ftr-441	1441	16	the	the	DET
ftr-441	1441	17	allocation	allocation	NOUN
ftr-441	1441	18	of	of	ADP
ftr-441	1441	19	nonrecourse	nonrecourse	ADJ
ftr-441	1441	20	liabilities	liability	NOUN
ftr-441	1441	21	of	of	ADP
ftr-441	1441	22	a	a	DET
ftr-441	1441	23	firm	firm	NOUN
ftr-441	1441	24	,	,	PUNCT
ftr-441	1441	25	or	or	CCONJ
ftr-441	1441	26	of	of	ADP
ftr-441	1441	27	any	any	DET
ftr-441	1441	28	liabilities	liability	NOUN
ftr-441	1441	29	of	of	ADP
ftr-441	1441	30	a	a	DET
ftr-441	1441	31	firm	firm	NOUN
ftr-441	1441	32	,	,	PUNCT
ftr-441	1441	33	all	all	PRON
ftr-441	1441	34	of	of	ADP
ftr-441	1441	35	whose	whose	DET
ftr-441	1441	36	owners	owner	NOUN
ftr-441	1441	37	are	be	AUX
ftr-441	1441	38	provided	provide	VERB
ftr-441	1441	39	with	with	ADP
ftr-441	1441	40	limited	limited	ADJ
ftr-441	1441	41	liability	liability	NOUN
ftr-441	1441	42	protection	protection	NOUN
ftr-441	1441	43	.	.	PUNCT
ftr-441	1442	1	"	"	PUNCT
ftr-441	1442	2	'	'	PUNCT
ftr-441	1442	3	these	these	DET
ftr-441	1442	4	problems	problem	NOUN
ftr-441	1442	5	are	be	AUX
ftr-441	1442	6	virtually	virtually	ADV
ftr-441	1442	7	eliminated	eliminate	VERB
ftr-441	1442	8	in	in	ADP
ftr-441	1442	9	an	an	DET
ftr-441	1442	10	spbf	spbf	NOUN
ftr-441	1442	11	where	where	SCONJ
ftr-441	1442	12	all	all	DET
ftr-441	1442	13	194	194	NUM
ftr-441	1442	14	.	.	PUNCT
ftr-441	1443	1	see	see	VERB
ftr-441	1443	2	regs	reg	NOUN
ftr-441	1443	3	.	.	PUNCT
ftr-441	1444	1	§	§	PROPN
ftr-441	1444	2	1.752	1.752	NUM
ftr-441	1444	3	-	-	SYM
ftr-441	1444	4	2(a	2(a	NUM
ftr-441	1444	5	)	)	PUNCT
ftr-441	1444	6	.	.	PUNCT
ftr-441	1445	1	195	195	X
ftr-441	1445	2	.	.	X
ftr-441	1445	3	see	see	VERB
ftr-441	1445	4	regs	reg	NOUN
ftr-441	1445	5	.	.	PUNCT
ftr-441	1446	1	§	§	PROPN
ftr-441	1446	2	1.752	1.752	NUM
ftr-441	1446	3	-	-	PUNCT
ftr-441	1446	4	2(b)(1	2(b)(1	NUM
ftr-441	1446	5	)	)	PUNCT
ftr-441	1446	6	.	.	PUNCT
ftr-441	1447	1	196	196	NUM
ftr-441	1447	2	.	.	PUNCT
ftr-441	1448	1	see	see	VERB
ftr-441	1448	2	berger	berger	PROPN
ftr-441	1448	3	,	,	PUNCT
ftr-441	1448	4	supra	supra	PROPN
ftr-441	1448	5	note	note	PROPN
ftr-441	1448	6	63	63	NUM
ftr-441	1448	7	,	,	PUNCT
ftr-441	1448	8	at	at	ADP
ftr-441	1448	9	123	123	NUM
ftr-441	1448	10	(	(	PUNCT
ftr-441	1448	11	"	"	PUNCT
ftr-441	1448	12	at	at	ADP
ftr-441	1448	13	best	well	ADV
ftr-441	1448	14	,	,	PUNCT
ftr-441	1448	15	the	the	DET
ftr-441	1448	16	§	§	PROPN
ftr-441	1448	17	752	752	NUM
ftr-441	1448	18	technique	technique	NOUN
ftr-441	1448	19	for	for	ADP
ftr-441	1448	20	measuring	measure	VERB
ftr-441	1448	21	a	a	DET
ftr-441	1448	22	partner	partner	NOUN
ftr-441	1448	23	's	's	PART
ftr-441	1448	24	'	'	PUNCT
ftr-441	1448	25	economic	economic	ADJ
ftr-441	1448	26	risk	risk	NOUN
ftr-441	1448	27	of	of	ADP
ftr-441	1448	28	loss	loss	NOUN
ftr-441	1448	29	'	'	PUNCT
ftr-441	1448	30	offers	offer	VERB
ftr-441	1448	31	a	a	DET
ftr-441	1448	32	crude	crude	ADJ
ftr-441	1448	33	surrogate	surrogate	NOUN
ftr-441	1448	34	for	for	ADP
ftr-441	1448	35	quantifying	quantify	VERB
ftr-441	1448	36	a	a	DET
ftr-441	1448	37	partner	partner	NOUN
ftr-441	1448	38	's	's	PART
ftr-441	1448	39	actual	actual	ADJ
ftr-441	1448	40	risk	risk	NOUN
ftr-441	1448	41	,	,	PUNCT
ftr-441	1448	42	which	which	PRON
ftr-441	1448	43	is	be	AUX
ftr-441	1448	44	indeterminate	indeterminate	ADJ
ftr-441	1448	45	;	;	PUNCT
ftr-441	1448	46	inevitably	inevitably	ADV
ftr-441	1448	47	,	,	PUNCT
ftr-441	1448	48	the	the	DET
ftr-441	1448	49	§	§	PROPN
ftr-441	1448	50	752	752	NUM
ftr-441	1448	51	calculation	calculation	NOUN
ftr-441	1448	52	exaggerates	exaggerate	VERB
ftr-441	1448	53	the	the	DET
ftr-441	1448	54	partner	partner	NOUN
ftr-441	1448	55	's	's	PART
ftr-441	1448	56	exposure	exposure	NOUN
ftr-441	1448	57	.	.	PUNCT
ftr-441	1449	1	"	"	PUNCT
ftr-441	1449	2	)	)	PUNCT
ftr-441	1449	3	.	.	PUNCT
ftr-441	1450	1	197	197	X
ftr-441	1450	2	.	.	PUNCT
ftr-441	1451	1	see	see	VERB
ftr-441	1451	2	i	i	PRON
ftr-441	1451	3	d.	d.	PROPN
ftr-441	1451	4	at	at	ADP
ftr-441	1451	5	137	137	NUM
ftr-441	1451	6	(	(	PUNCT
ftr-441	1451	7	"	"	PUNCT
ftr-441	1451	8	[	[	X
ftr-441	1451	9	a]llocations	a]llocation	NOUN
ftr-441	1451	10	rooted	root	VERB
ftr-441	1451	11	in	in	ADP
ftr-441	1451	12	nonrecourse	nonrecourse	NOUN
ftr-441	1451	13	debt	debt	NOUN
ftr-441	1451	14	can	can	AUX
ftr-441	1451	15	not	not	PART
ftr-441	1451	16	have	have	VERB
ftr-441	1451	17	economic	economic	ADJ
ftr-441	1451	18	reality	reality	NOUN
ftr-441	1451	19	,	,	PUNCT
ftr-441	1451	20	or	or	CCONJ
ftr-441	1451	21	any	any	DET
ftr-441	1451	22	reality	reality	NOUN
ftr-441	1451	23	,	,	PUNCT
ftr-441	1451	24	whatsoever	whatsoever	ADV
ftr-441	1451	25	,	,	PUNCT
ftr-441	1451	26	except	except	SCONJ
ftr-441	1451	27	in	in	ADP
ftr-441	1451	28	the	the	DET
ftr-441	1451	29	ingenious	ingenious	ADJ
ftr-441	1451	30	,	,	PUNCT
ftr-441	1451	31	magical	magical	ADJ
ftr-441	1451	32	and	and	CCONJ
ftr-441	1451	33	mechanical	mechanical	ADJ
ftr-441	1451	34	world	world	NOUN
ftr-441	1451	35	of	of	ADP
ftr-441	1451	36	the	the	DET
ftr-441	1451	37	§	§	PROPN
ftr-441	1451	38	704(b	704(b	PROPN
ftr-441	1451	39	)	)	PUNCT
ftr-441	1451	40	regulations	regulation	NOUN
ftr-441	1451	41	.	.	PUNCT
ftr-441	1452	1	"	"	PUNCT
ftr-441	1452	2	)	)	PUNCT
ftr-441	1452	3	.	.	PUNCT
ftr-441	1453	1	1999	1999	NUM
ftr-441	1453	2	]	]	PUNCT
ftr-441	1453	3	florida	florida	PROPN
ftr-441	1453	4	tax	tax	PROPN
ftr-441	1453	5	review	review	NOUN
ftr-441	1453	6	liabilities	liability	NOUN
ftr-441	1453	7	,	,	PUNCT
ftr-441	1453	8	recourse	recourse	NOUN
ftr-441	1453	9	and	and	CCONJ
ftr-441	1453	10	nonrecourse	nonrecourse	NOUN
ftr-441	1453	11	,	,	PUNCT
ftr-441	1453	12	as	as	ADV
ftr-441	1453	13	well	well	ADV
ftr-441	1453	14	as	as	ADP
ftr-441	1453	15	the	the	DET
ftr-441	1453	16	losses	loss	NOUN
ftr-441	1453	17	of	of	ADP
ftr-441	1453	18	the	the	DET
ftr-441	1453	19	firm	firm	NOUN
ftr-441	1453	20	may	may	AUX
ftr-441	1453	21	be	be	AUX
ftr-441	1453	22	allocated	allocate	VERB
ftr-441	1453	23	straight	straight	ADV
ftr-441	1453	24	up	up	ADP
ftr-441	1453	25	to	to	ADP
ftr-441	1453	26	the	the	DET
ftr-441	1453	27	owners	owner	NOUN
ftr-441	1453	28	in	in	ADP
ftr-441	1453	29	accordance	accordance	NOUN
ftr-441	1453	30	with	with	ADP
ftr-441	1453	31	their	their	PRON
ftr-441	1453	32	residual	residual	ADJ
ftr-441	1453	33	ownership	ownership	NOUN
ftr-441	1453	34	interests	interest	NOUN
ftr-441	1453	35	.	.	PUNCT
ftr-441	1454	1	finally	finally	ADV
ftr-441	1454	2	,	,	PUNCT
ftr-441	1454	3	the	the	DET
ftr-441	1454	4	"	"	PUNCT
ftr-441	1454	5	at	at	ADP
ftr-441	1454	6	risk	risk	NOUN
ftr-441	1454	7	"	"	PUNCT
ftr-441	1454	8	(	(	PUNCT
ftr-441	1454	9	section	section	NOUN
ftr-441	1454	10	465	465	NUM
ftr-441	1454	11	)	)	PUNCT
ftr-441	1454	12	and	and	CCONJ
ftr-441	1454	13	passive	passive	ADJ
ftr-441	1454	14	activity	activity	NOUN
ftr-441	1454	15	loss	loss	NOUN
ftr-441	1454	16	(	(	PUNCT
ftr-441	1454	17	section	section	NOUN
ftr-441	1454	18	469	469	NUM
ftr-441	1454	19	)	)	PUNCT
ftr-441	1454	20	rules	rule	NOUN
ftr-441	1454	21	provide	provide	VERB
ftr-441	1454	22	another	another	DET
ftr-441	1454	23	layer	layer	NOUN
ftr-441	1454	24	of	of	ADP
ftr-441	1454	25	protection	protection	NOUN
ftr-441	1454	26	against	against	ADP
ftr-441	1454	27	the	the	DET
ftr-441	1454	28	improper	improper	ADJ
ftr-441	1454	29	deduction	deduction	NOUN
ftr-441	1454	30	of	of	ADP
ftr-441	1454	31	losses	loss	NOUN
ftr-441	1454	32	by	by	ADP
ftr-441	1454	33	taxpayers	taxpayer	NOUN
ftr-441	1454	34	,	,	PUNCT
ftr-441	1454	35	and	and	CCONJ
ftr-441	1454	36	that	that	SCONJ
ftr-441	1454	37	protection	protection	NOUN
ftr-441	1454	38	is	be	AUX
ftr-441	1454	39	particularly	particularly	ADV
ftr-441	1454	40	effective	effective	ADJ
ftr-441	1454	41	in	in	ADP
ftr-441	1454	42	the	the	DET
ftr-441	1454	43	spbf	spbf	ADJ
ftr-441	1454	44	context	context	NOUN
ftr-441	1454	45	.	.	PUNCT
ftr-441	1455	1	this	this	PRON
ftr-441	1455	2	is	be	AUX
ftr-441	1455	3	because	because	SCONJ
ftr-441	1455	4	the	the	DET
ftr-441	1455	5	principal	principal	ADJ
ftr-441	1455	6	taxpayers	taxpayer	NOUN
ftr-441	1455	7	exempt	exempt	ADJ
ftr-441	1455	8	from	from	ADP
ftr-441	1455	9	those	those	DET
ftr-441	1455	10	rules	rule	NOUN
ftr-441	1455	11	are	be	AUX
ftr-441	1455	12	nonclosely	nonclosely	ADV
ftr-441	1455	13	-	-	PUNCT
ftr-441	1455	14	held	hold	VERB
ftr-441	1455	15	c	c	PROPN
ftr-441	1455	16	corporations	corporation	NOUN
ftr-441	1455	17	.	.	PUNCT
ftr-441	1456	1	98	98	NUM
ftr-441	1456	2	but	but	CCONJ
ftr-441	1456	3	as	as	ADV
ftr-441	1456	4	previously	previously	ADV
ftr-441	1456	5	described	describe	VERB
ftr-441	1456	6	,	,	PUNCT
ftr-441	1456	7	a	a	DET
ftr-441	1456	8	public	public	ADJ
ftr-441	1456	9	c	c	NOUN
ftr-441	1456	10	corporation	corporation	NOUN
ftr-441	1456	11	may	may	AUX
ftr-441	1456	12	not	not	PART
ftr-441	1456	13	be	be	AUX
ftr-441	1456	14	an	an	DET
ftr-441	1456	15	owner	owner	NOUN
ftr-441	1456	16	of	of	ADP
ftr-441	1456	17	an	an	DET
ftr-441	1456	18	spbf	spbf	NOUN
ftr-441	1456	19	.	.	PUNCT
ftr-441	1457	1	thus	thus	ADV
ftr-441	1457	2	,	,	PUNCT
ftr-441	1457	3	in	in	ADP
ftr-441	1457	4	contrast	contrast	NOUN
ftr-441	1457	5	to	to	ADP
ftr-441	1457	6	the	the	DET
ftr-441	1457	7	owners	owner	NOUN
ftr-441	1457	8	of	of	ADP
ftr-441	1457	9	firms	firm	NOUN
ftr-441	1457	10	taxed	tax	VERB
ftr-441	1457	11	under	under	ADP
ftr-441	1457	12	the	the	DET
ftr-441	1457	13	default	default	NOUN
ftr-441	1457	14	conduit	conduit	NOUN
ftr-441	1457	15	system	system	NOUN
ftr-441	1457	16	,	,	PUNCT
ftr-441	1457	17	all	all	DET
ftr-441	1457	18	owners	owner	NOUN
ftr-441	1457	19	of	of	ADP
ftr-441	1457	20	an	an	DET
ftr-441	1457	21	spbf	spbf	NOUN
ftr-441	1457	22	would	would	AUX
ftr-441	1457	23	be	be	AUX
ftr-441	1457	24	subject	subject	ADJ
ftr-441	1457	25	to	to	ADP
ftr-441	1457	26	the	the	PRON
ftr-441	1457	27	at	at	ADP
ftr-441	1457	28	risk	risk	NOUN
ftr-441	1457	29	and	and	CCONJ
ftr-441	1457	30	passive	passive	ADJ
ftr-441	1457	31	activity	activity	NOUN
ftr-441	1457	32	loss	loss	NOUN
ftr-441	1457	33	restrictions	restriction	NOUN
ftr-441	1457	34	.	.	PUNCT
ftr-441	1458	1	indeed	indeed	ADV
ftr-441	1458	2	,	,	PUNCT
ftr-441	1458	3	the	the	DET
ftr-441	1458	4	broad	broad	ADJ
ftr-441	1458	5	applicability	applicability	NOUN
ftr-441	1458	6	of	of	ADP
ftr-441	1458	7	the	the	PRON
ftr-441	1458	8	at	at	ADP
ftr-441	1458	9	risk	risk	NOUN
ftr-441	1458	10	rules	rule	NOUN
ftr-441	1458	11	in	in	ADP
ftr-441	1458	12	an	an	DET
ftr-441	1458	13	spbf	spbf	ADJ
ftr-441	1458	14	setting	setting	NOUN
ftr-441	1458	15	seems	seem	VERB
ftr-441	1458	16	to	to	PART
ftr-441	1458	17	make	make	VERB
ftr-441	1458	18	unnecessary	unnecessary	ADJ
ftr-441	1458	19	a	a	DET
ftr-441	1458	20	rule	rule	NOUN
ftr-441	1458	21	restricting	restrict	VERB
ftr-441	1458	22	the	the	DET
ftr-441	1458	23	passthrough	passthrough	NOUN
ftr-441	1458	24	of	of	ADP
ftr-441	1458	25	spbf	spbf	ADJ
ftr-441	1458	26	debt	debt	NOUN
ftr-441	1458	27	only	only	ADV
ftr-441	1458	28	to	to	ADP
ftr-441	1458	29	owners	owner	NOUN
ftr-441	1458	30	personally	personally	ADV
ftr-441	1458	31	liable	liable	ADJ
ftr-441	1458	32	for	for	ADP
ftr-441	1458	33	repayment	repayment	NOUN
ftr-441	1458	34	of	of	ADP
ftr-441	1458	35	the	the	DET
ftr-441	1458	36	debt	debt	NOUN
ftr-441	1458	37	.	.	PUNCT
ftr-441	1459	1	such	such	DET
ftr-441	1459	2	a	a	DET
ftr-441	1459	3	rule	rule	NOUN
ftr-441	1459	4	in	in	ADP
ftr-441	1459	5	fact	fact	NOUN
ftr-441	1459	6	was	be	AUX
ftr-441	1459	7	enacted	enact	VERB
ftr-441	1459	8	in	in	ADP
ftr-441	1459	9	1976'9	1976'9	NUM
ftr-441	1459	10	'	'	PUNCT
ftr-441	1459	11	but	but	CCONJ
ftr-441	1459	12	was	be	AUX
ftr-441	1459	13	repealed	repeal	VERB
ftr-441	1459	14	just	just	ADV
ftr-441	1459	15	two	two	NUM
ftr-441	1459	16	years	year	NOUN
ftr-441	1459	17	later	later	ADV
ftr-441	1459	18	as	as	SCONJ
ftr-441	1459	19	"	"	PUNCT
ftr-441	1459	20	redundant	redundant	ADJ
ftr-441	1459	21	"	"	PUNCT
ftr-441	1459	22	in	in	ADP
ftr-441	1459	23	view	view	NOUN
ftr-441	1459	24	of	of	ADP
ftr-441	1459	25	an	an	DET
ftr-441	1459	26	expansion	expansion	NOUN
ftr-441	1459	27	of	of	ADP
ftr-441	1459	28	the	the	PRON
ftr-441	1459	29	at	at	ADP
ftr-441	1459	30	risk	risk	NOUN
ftr-441	1459	31	rules	rule	NOUN
ftr-441	1459	32	.	.	PUNCT
ftr-441	1459	33	"	"	PUNCT
ftr-441	1460	1	since	since	SCONJ
ftr-441	1460	2	that	that	DET
ftr-441	1460	3	time	time	NOUN
ftr-441	1460	4	,	,	PUNCT
ftr-441	1460	5	the	the	PRON
ftr-441	1460	6	at	at	ADP
ftr-441	1460	7	risk	risk	NOUN
ftr-441	1460	8	rules	rule	NOUN
ftr-441	1460	9	have	have	AUX
ftr-441	1460	10	been	be	AUX
ftr-441	1460	11	expanded	expand	VERB
ftr-441	1460	12	even	even	ADV
ftr-441	1460	13	more20	more20	NOUN
ftr-441	1460	14	'	'	PUNCT
ftr-441	1460	15	and	and	CCONJ
ftr-441	1460	16	,	,	PUNCT
ftr-441	1460	17	as	as	SCONJ
ftr-441	1460	18	noted	note	VERB
ftr-441	1460	19	,	,	PUNCT
ftr-441	1460	20	they	they	PRON
ftr-441	1460	21	would	would	AUX
ftr-441	1460	22	provide	provide	VERB
ftr-441	1460	23	virtually	virtually	ADV
ftr-441	1460	24	full	full	ADJ
ftr-441	1460	25	coverage	coverage	NOUN
ftr-441	1460	26	to	to	ADP
ftr-441	1460	27	participants	participant	NOUN
ftr-441	1460	28	in	in	ADP
ftr-441	1460	29	an	an	DET
ftr-441	1460	30	spbf	spbf	ADJ
ftr-441	1460	31	venture	venture	NOUN
ftr-441	1460	32	.	.	PUNCT
ftr-441	1461	1	thus	thus	ADV
ftr-441	1461	2	,	,	PUNCT
ftr-441	1461	3	limited	limited	ADJ
ftr-441	1461	4	partners	partner	NOUN
ftr-441	1461	5	,	,	PUNCT
ftr-441	1461	6	members	member	NOUN
ftr-441	1461	7	of	of	ADP
ftr-441	1461	8	an	an	DET
ftr-441	1461	9	llc	llc	NOUN
ftr-441	1461	10	,	,	PUNCT
ftr-441	1461	11	and	and	CCONJ
ftr-441	1461	12	other	other	ADJ
ftr-441	1461	13	owners	owner	NOUN
ftr-441	1461	14	with	with	ADP
ftr-441	1461	15	limited	limited	ADJ
ftr-441	1461	16	liability	liability	NOUN
ftr-441	1461	17	protection	protection	NOUN
ftr-441	1461	18	are	be	AUX
ftr-441	1461	19	generally	generally	ADV
ftr-441	1461	20	not	not	PART
ftr-441	1461	21	treated	treat	VERB
ftr-441	1461	22	as	as	ADP
ftr-441	1461	23	being	be	AUX
ftr-441	1461	24	"	"	PUNCT
ftr-441	1461	25	at	at	ADP
ftr-441	1461	26	risk	risk	NOUN
ftr-441	1461	27	"	"	PUNCT
ftr-441	1461	28	with	with	ADP
ftr-441	1461	29	respect	respect	NOUN
ftr-441	1461	30	to	to	ADP
ftr-441	1461	31	their	their	PRON
ftr-441	1461	32	firm	firm	NOUN
ftr-441	1461	33	's	's	PART
ftr-441	1461	34	debts	debt	NOUN
ftr-441	1461	35	,	,	PUNCT
ftr-441	1461	36	recourse	recourse	VERB
ftr-441	1461	37	or	or	CCONJ
ftr-441	1461	38	nonrecourse.2	nonrecourse.2	ADJ
ftr-441	1461	39	"	"	PUNCT
ftr-441	1461	40	2	2	NUM
ftr-441	1461	41	they	they	PRON
ftr-441	1461	42	therefore	therefore	ADV
ftr-441	1461	43	may	may	AUX
ftr-441	1461	44	be	be	AUX
ftr-441	1461	45	unable	unable	ADJ
ftr-441	1461	46	to	to	PART
ftr-441	1461	47	deduct	deduct	VERB
ftr-441	1461	48	their	their	PRON
ftr-441	1461	49	share	share	NOUN
ftr-441	1461	50	of	of	ADP
ftr-441	1461	51	losses	loss	NOUN
ftr-441	1461	52	attributable	attributable	ADJ
ftr-441	1461	53	to	to	ADP
ftr-441	1461	54	those	those	DET
ftr-441	1461	55	debts	debt	NOUN
ftr-441	1461	56	even	even	ADV
ftr-441	1461	57	if	if	SCONJ
ftr-441	1461	58	their	their	PRON
ftr-441	1461	59	outside	outside	ADJ
ftr-441	1461	60	bases	basis	NOUN
ftr-441	1461	61	were	be	AUX
ftr-441	1461	62	sufficient	sufficient	ADJ
ftr-441	1461	63	to	to	PART
ftr-441	1461	64	permit	permit	VERB
ftr-441	1461	65	the	the	DET
ftr-441	1461	66	deduction.2"3	deduction.2"3	NOUN
ftr-441	1461	67	to	to	PART
ftr-441	1461	68	be	be	AUX
ftr-441	1461	69	sure	sure	ADJ
ftr-441	1461	70	,	,	PUNCT
ftr-441	1461	71	certain	certain	ADJ
ftr-441	1461	72	nonrecourse	nonrecourse	ADJ
ftr-441	1461	73	real	real	ADJ
ftr-441	1461	74	estate	estate	NOUN
ftr-441	1461	75	financing	financing	NOUN
ftr-441	1461	76	falls	fall	VERB
ftr-441	1461	77	outside	outside	ADP
ftr-441	1461	78	of	of	ADP
ftr-441	1461	79	the	the	PRON
ftr-441	1461	80	at	at	ADP
ftr-441	1461	81	risk	risk	NOUN
ftr-441	1461	82	rules.2	rules.2	NOUN
ftr-441	1461	83	4	4	NUM
ftr-441	1461	84	thus	thus	ADV
ftr-441	1461	85	,	,	PUNCT
ftr-441	1461	86	one	one	PRON
ftr-441	1461	87	might	might	AUX
ftr-441	1461	88	argue	argue	VERB
ftr-441	1461	89	that	that	SCONJ
ftr-441	1461	90	those	those	DET
ftr-441	1461	91	rules	rule	NOUN
ftr-441	1461	92	provide	provide	VERB
ftr-441	1461	93	an	an	DET
ftr-441	1461	94	inadequate	inadequate	ADJ
ftr-441	1461	95	shield	shield	NOUN
ftr-441	1461	96	against	against	ADP
ftr-441	1461	97	the	the	DET
ftr-441	1461	98	claiming	claiming	NOUN
ftr-441	1461	99	of	of	ADP
ftr-441	1461	100	uneconomic	uneconomic	ADJ
ftr-441	1461	101	passthrough	passthrough	NOUN
ftr-441	1461	102	losses	loss	NOUN
ftr-441	1461	103	.	.	PUNCT
ftr-441	1462	1	whatever	whatever	PRON
ftr-441	1462	2	the	the	DET
ftr-441	1462	3	merits	merit	NOUN
ftr-441	1462	4	of	of	ADP
ftr-441	1462	5	the	the	DET
ftr-441	1462	6	real	real	ADJ
ftr-441	1462	7	estate	estate	NOUN
ftr-441	1462	8	exception	exception	NOUN
ftr-441	1462	9	,	,	PUNCT
ftr-441	1462	10	however	however	ADV
ftr-441	1462	11	,	,	PUNCT
ftr-441	1462	12	one	one	PRON
ftr-441	1462	13	can	can	AUX
ftr-441	1462	14	not	not	PART
ftr-441	1462	15	expect	expect	VERB
ftr-441	1462	16	the	the	DET
ftr-441	1462	17	issue	issue	NOUN
ftr-441	1462	18	to	to	PART
ftr-441	1462	19	disappear	disappear	VERB
ftr-441	1462	20	in	in	ADP
ftr-441	1462	21	a	a	DET
ftr-441	1462	22	debate	debate	NOUN
ftr-441	1462	23	regarding	regard	VERB
ftr-441	1462	24	whether	whether	SCONJ
ftr-441	1462	25	to	to	PART
ftr-441	1462	26	include	include	VERB
ftr-441	1462	27	a	a	DET
ftr-441	1462	28	firm	firm	NOUN
ftr-441	1462	29	's	's	PART
ftr-441	1462	30	198	198	NUM
ftr-441	1462	31	.	.	PUNCT
ftr-441	1463	1	see	see	VERB
ftr-441	1463	2	irc	irc	PROPN
ftr-441	1463	3	§	§	PROPN
ftr-441	1463	4	§	§	PROPN
ftr-441	1463	5	465(a)(1)(b	465(a)(1)(b	PROPN
ftr-441	1463	6	)	)	PUNCT
ftr-441	1463	7	,	,	PUNCT
ftr-441	1463	8	469(a)(2)(b	469(a)(2)(b	PROPN
ftr-441	1463	9	)	)	PUNCT
ftr-441	1463	10	.	.	PUNCT
ftr-441	1464	1	a	a	DET
ftr-441	1464	2	c	c	NOUN
ftr-441	1464	3	corporation	corporation	NOUN
ftr-441	1464	4	is	be	AUX
ftr-441	1464	5	subject	subject	ADJ
ftr-441	1464	6	to	to	ADP
ftr-441	1464	7	the	the	PRON
ftr-441	1464	8	at	at	ADP
ftr-441	1464	9	risk	risk	NOUN
ftr-441	1464	10	rules	rule	NOUN
ftr-441	1464	11	if	if	SCONJ
ftr-441	1464	12	five	five	NUM
ftr-441	1464	13	or	or	CCONJ
ftr-441	1464	14	fewer	few	ADJ
ftr-441	1464	15	individuals	individual	NOUN
ftr-441	1464	16	own	own	VERB
ftr-441	1464	17	more	more	ADJ
ftr-441	1464	18	than	than	ADP
ftr-441	1464	19	50	50	NUM
ftr-441	1464	20	%	%	NOUN
ftr-441	1464	21	of	of	ADP
ftr-441	1464	22	the	the	DET
ftr-441	1464	23	corporation	corporation	NOUN
ftr-441	1464	24	.	.	PUNCT
ftr-441	1465	1	see	see	VERB
ftr-441	1465	2	irc	irc	PROPN
ftr-441	1465	3	§	§	PROPN
ftr-441	1465	4	542(a)(2	542(a)(2	PROPN
ftr-441	1465	5	)	)	PUNCT
ftr-441	1465	6	.	.	PUNCT
ftr-441	1466	1	199	199	NUM
ftr-441	1466	2	.	.	PUNCT
ftr-441	1467	1	see	see	VERB
ftr-441	1467	2	tax	tax	NOUN
ftr-441	1467	3	reform	reform	NOUN
ftr-441	1467	4	act	act	NOUN
ftr-441	1467	5	of	of	ADP
ftr-441	1467	6	1976	1976	NUM
ftr-441	1467	7	,	,	PUNCT
ftr-441	1467	8	pub	pub	NOUN
ftr-441	1467	9	.	.	PUNCT
ftr-441	1468	1	l.	l.	PROPN
ftr-441	1468	2	no	no	INTJ
ftr-441	1468	3	.	.	PROPN
ftr-441	1469	1	94	94	NUM
ftr-441	1469	2	-	-	SYM
ftr-441	1469	3	455	455	NUM
ftr-441	1469	4	,	,	PUNCT
ftr-441	1469	5	§	§	PROPN
ftr-441	1469	6	213(e	213(e	PROPN
ftr-441	1469	7	)	)	PUNCT
ftr-441	1469	8	,	,	PUNCT
ftr-441	1469	9	90	90	NUM
ftr-441	1469	10	stat	stat	NOUN
ftr-441	1469	11	.	.	PUNCT
ftr-441	1470	1	1520	1520	NUM
ftr-441	1470	2	,	,	PUNCT
ftr-441	1470	3	1548	1548	NUM
ftr-441	1470	4	(	(	PUNCT
ftr-441	1470	5	1976	1976	NUM
ftr-441	1470	6	)	)	PUNCT
ftr-441	1470	7	(	(	PUNCT
ftr-441	1470	8	amending	amend	VERB
ftr-441	1470	9	§	§	PROPN
ftr-441	1470	10	704(d	704(d	NOUN
ftr-441	1470	11	)	)	PUNCT
ftr-441	1470	12	)	)	PUNCT
ftr-441	1470	13	.	.	PUNCT
ftr-441	1471	1	200	200	NUM
ftr-441	1471	2	.	.	PUNCT
ftr-441	1471	3	see	see	VERB
ftr-441	1471	4	revenue	revenue	NOUN
ftr-441	1471	5	act	act	NOUN
ftr-441	1471	6	of	of	ADP
ftr-441	1471	7	1978	1978	NUM
ftr-441	1471	8	,	,	PUNCT
ftr-441	1471	9	pub	pub	NOUN
ftr-441	1471	10	.	.	PUNCT
ftr-441	1472	1	l.	l.	PROPN
ftr-441	1472	2	no	no	INTJ
ftr-441	1472	3	.	.	PROPN
ftr-441	1473	1	95	95	NUM
ftr-441	1473	2	-	-	SYM
ftr-441	1473	3	600	600	NUM
ftr-441	1473	4	,	,	PUNCT
ftr-441	1473	5	§	§	PROPN
ftr-441	1473	6	201(b)(1	201(b)(1	NOUN
ftr-441	1473	7	)	)	PUNCT
ftr-441	1473	8	,	,	PUNCT
ftr-441	1473	9	92	92	NUM
ftr-441	1473	10	stat	stat	NOUN
ftr-441	1473	11	.	.	PUNCT
ftr-441	1474	1	2763	2763	NUM
ftr-441	1474	2	,	,	PUNCT
ftr-441	1474	3	2816	2816	NUM
ftr-441	1474	4	(	(	PUNCT
ftr-441	1474	5	1978	1978	NUM
ftr-441	1474	6	)	)	PUNCT
ftr-441	1474	7	;	;	PUNCT
ftr-441	1474	8	staff	staff	NOUN
ftr-441	1474	9	of	of	ADP
ftr-441	1474	10	the	the	DET
ftr-441	1474	11	joint	joint	ADJ
ftr-441	1474	12	comm	comm	NOUN
ftr-441	1474	13	.	.	PUNCT
ftr-441	1475	1	on	on	ADP
ftr-441	1475	2	tax'n	tax'n	PRON
ftr-441	1475	3	,	,	PUNCT
ftr-441	1475	4	96th	96th	ADJ
ftr-441	1475	5	cong	cong	NOUN
ftr-441	1475	6	.	.	PUNCT
ftr-441	1475	7	,	,	PUNCT
ftr-441	1475	8	1st	1st	ADJ
ftr-441	1475	9	sess	sess	NOUN
ftr-441	1475	10	.	.	PUNCT
ftr-441	1476	1	,	,	PUNCT
ftr-441	1476	2	general	general	ADJ
ftr-441	1476	3	explanation	explanation	NOUN
ftr-441	1476	4	of	of	ADP
ftr-441	1476	5	the	the	DET
ftr-441	1476	6	revenue	revenue	NOUN
ftr-441	1476	7	act	act	NOUN
ftr-441	1476	8	of	of	ADP
ftr-441	1476	9	1978	1978	NUM
ftr-441	1476	10	130	130	NUM
ftr-441	1476	11	(	(	PUNCT
ftr-441	1476	12	comm	comm	NOUN
ftr-441	1476	13	.	.	PUNCT
ftr-441	1477	1	print	print	NOUN
ftr-441	1477	2	1979	1979	NUM
ftr-441	1477	3	)	)	PUNCT
ftr-441	1477	4	.	.	PUNCT
ftr-441	1478	1	201	201	NUM
ftr-441	1478	2	.	.	PUNCT
ftr-441	1479	1	see	see	VERB
ftr-441	1479	2	tax	tax	NOUN
ftr-441	1479	3	reform	reform	NOUN
ftr-441	1479	4	act	act	NOUN
ftr-441	1479	5	of	of	ADP
ftr-441	1479	6	1986	1986	NUM
ftr-441	1479	7	,	,	PUNCT
ftr-441	1479	8	pub	pub	NOUN
ftr-441	1479	9	.	.	PUNCT
ftr-441	1480	1	l.	l.	PROPN
ftr-441	1480	2	no	no	INTJ
ftr-441	1480	3	.	.	PROPN
ftr-441	1481	1	99	99	NUM
ftr-441	1481	2	-	-	SYM
ftr-441	1481	3	514	514	NUM
ftr-441	1481	4	,	,	PUNCT
ftr-441	1481	5	§	§	PROPN
ftr-441	1481	6	503(a	503(a	NUM
ftr-441	1481	7	)	)	PUNCT
ftr-441	1481	8	,	,	PUNCT
ftr-441	1481	9	100	100	NUM
ftr-441	1481	10	stat	stat	NOUN
ftr-441	1481	11	.	.	PUNCT
ftr-441	1482	1	2085	2085	NUM
ftr-441	1482	2	,	,	PUNCT
ftr-441	1482	3	2243	2243	NUM
ftr-441	1482	4	(	(	PUNCT
ftr-441	1482	5	1986	1986	NUM
ftr-441	1482	6	)	)	PUNCT
ftr-441	1482	7	(	(	PUNCT
ftr-441	1482	8	repealing	repeal	VERB
ftr-441	1482	9	blanket	blanket	NOUN
ftr-441	1482	10	exclusion	exclusion	NOUN
ftr-441	1482	11	from	from	ADP
ftr-441	1482	12	at	at	ADP
ftr-441	1482	13	risk	risk	NOUN
ftr-441	1482	14	rules	rule	NOUN
ftr-441	1482	15	of	of	ADP
ftr-441	1482	16	real	real	ADJ
ftr-441	1482	17	property	property	NOUN
ftr-441	1482	18	activities	activity	NOUN
ftr-441	1482	19	)	)	PUNCT
ftr-441	1482	20	.	.	PUNCT
ftr-441	1483	1	202	202	X
ftr-441	1483	2	.	.	PUNCT
ftr-441	1484	1	see	see	VERB
ftr-441	1484	2	s.	s.	PROPN
ftr-441	1484	3	rep	rep	PROPN
ftr-441	1484	4	.	.	PROPN
ftr-441	1485	1	no	no	PROPN
ftr-441	1485	2	.	.	PROPN
ftr-441	1486	1	938	938	NUM
ftr-441	1486	2	,	,	PUNCT
ftr-441	1486	3	94th	94th	ADJ
ftr-441	1486	4	cong	cong	NOUN
ftr-441	1486	5	.	.	PROPN
ftr-441	1486	6	,	,	PUNCT
ftr-441	1486	7	2d	2d	PROPN
ftr-441	1486	8	sess	sess	NOUN
ftr-441	1486	9	.	.	PUNCT
ftr-441	1487	1	49	49	NUM
ftr-441	1487	2	n.3	n.3	NOUN
ftr-441	1487	3	(	(	PUNCT
ftr-441	1487	4	1976	1976	NUM
ftr-441	1487	5	)	)	PUNCT
ftr-441	1487	6	,	,	PUNCT
ftr-441	1487	7	reprinted	reprint	VERB
ftr-441	1487	8	in	in	ADP
ftr-441	1487	9	1976	1976	NUM
ftr-441	1487	10	u.s.c.c.a.n	u.s.c.c.a.n	PROPN
ftr-441	1487	11	.	.	PUNCT
ftr-441	1487	12	3439	3439	NUM
ftr-441	1487	13	,	,	PUNCT
ftr-441	1487	14	3485	3485	NUM
ftr-441	1487	15	;	;	PUNCT
ftr-441	1487	16	mckee	mckee	PROPN
ftr-441	1487	17	,	,	PUNCT
ftr-441	1487	18	nelson	nelson	PROPN
ftr-441	1487	19	&	&	CCONJ
ftr-441	1487	20	whitmire	whitmire	PROPN
ftr-441	1487	21	,	,	PUNCT
ftr-441	1487	22	federal	federal	ADJ
ftr-441	1487	23	taxation	taxation	NOUN
ftr-441	1487	24	of	of	ADP
ftr-441	1487	25	partnerships	partnership	NOUN
ftr-441	1487	26	and	and	CCONJ
ftr-441	1487	27	partners	partner	NOUN
ftr-441	1487	28	10	10	NUM
ftr-441	1487	29	-	-	SYM
ftr-441	1487	30	171	171	NUM
ftr-441	1487	31	(	(	PUNCT
ftr-441	1487	32	3d	3d	NUM
ftr-441	1487	33	ed	ed	NOUN
ftr-441	1487	34	.	.	PROPN
ftr-441	1487	35	1997	1997	NUM
ftr-441	1487	36	)	)	PUNCT
ftr-441	1487	37	.	.	PUNCT
ftr-441	1488	1	203	203	NUM
ftr-441	1488	2	.	.	PUNCT
ftr-441	1489	1	see	see	VERB
ftr-441	1489	2	irc	irc	PROPN
ftr-441	1489	3	§	§	PROPN
ftr-441	1489	4	465(a)(1	465(a)(1	PROPN
ftr-441	1489	5	)	)	PUNCT
ftr-441	1489	6	.	.	PUNCT
ftr-441	1490	1	see	see	VERB
ftr-441	1490	2	eustice	eustice	NOUN
ftr-441	1490	3	,	,	PUNCT
ftr-441	1490	4	supra	supra	PROPN
ftr-441	1490	5	note	note	PROPN
ftr-441	1490	6	175	175	NUM
ftr-441	1490	7	,	,	PUNCT
ftr-441	1490	8	at	at	ADP
ftr-441	1490	9	399	399	NUM
ftr-441	1490	10	(	(	PUNCT
ftr-441	1490	11	would	would	AUX
ftr-441	1490	12	let	let	VERB
ftr-441	1490	13	at	at	ADP
ftr-441	1490	14	risk	risk	NOUN
ftr-441	1490	15	rules	rule	NOUN
ftr-441	1490	16	rather	rather	ADV
ftr-441	1490	17	than	than	ADP
ftr-441	1490	18	outside	outside	ADJ
ftr-441	1490	19	basis	basis	NOUN
ftr-441	1490	20	dictate	dictate	VERB
ftr-441	1490	21	significance	significance	NOUN
ftr-441	1490	22	of	of	ADP
ftr-441	1490	23	owners	owner	NOUN
ftr-441	1490	24	'	'	PART
ftr-441	1490	25	personal	personal	ADJ
ftr-441	1490	26	liability	liability	NOUN
ftr-441	1490	27	for	for	ADP
ftr-441	1490	28	entity	entity	NOUN
ftr-441	1490	29	debt	debt	NOUN
ftr-441	1490	30	)	)	PUNCT
ftr-441	1490	31	.	.	PUNCT
ftr-441	1491	1	204	204	NUM
ftr-441	1491	2	.	.	PUNCT
ftr-441	1491	3	see	see	VERB
ftr-441	1491	4	irc	irc	PROPN
ftr-441	1491	5	§	§	PROPN
ftr-441	1491	6	465(b)(6	465(b)(6	PROPN
ftr-441	1491	7	)	)	PUNCT
ftr-441	1491	8	.	.	PUNCT
ftr-441	1492	1	[	[	X
ftr-441	1492	2	vol	vol	NOUN
ftr-441	1492	3	4:3	4:3	NUM
ftr-441	1492	4	the	the	DET
ftr-441	1492	5	future	future	ADJ
ftr-441	1492	6	taxation	taxation	NOUN
ftr-441	1492	7	of	of	ADP
ftr-441	1492	8	private	private	ADJ
ftr-441	1492	9	business	business	NOUN
ftr-441	1492	10	finns	finn	NOUN
ftr-441	1492	11	nonrecourse	nonrecourse	NOUN
ftr-441	1492	12	financing	financing	NOUN
ftr-441	1492	13	in	in	ADP
ftr-441	1492	14	an	an	DET
ftr-441	1492	15	owner	owner	NOUN
ftr-441	1492	16	's	's	PART
ftr-441	1492	17	outside	outside	ADJ
ftr-441	1492	18	basis	basis	NOUN
ftr-441	1492	19	.	.	PUNCT
ftr-441	1493	1	presumably	presumably	ADV
ftr-441	1493	2	,	,	PUNCT
ftr-441	1493	3	the	the	DET
ftr-441	1493	4	same	same	ADJ
ftr-441	1493	5	interests	interest	NOUN
ftr-441	1493	6	which	which	PRON
ftr-441	1493	7	have	have	AUX
ftr-441	1493	8	successfully	successfully	ADV
ftr-441	1493	9	exempted	exempt	VERB
ftr-441	1493	10	certain	certain	ADJ
ftr-441	1493	11	real	real	ADJ
ftr-441	1493	12	estate	estate	NOUN
ftr-441	1493	13	financing	financing	NOUN
ftr-441	1493	14	from	from	ADP
ftr-441	1493	15	the	the	PRON
ftr-441	1493	16	at	at	ADP
ftr-441	1493	17	risk	risk	NOUN
ftr-441	1493	18	rules	rule	NOUN
ftr-441	1493	19	would	would	AUX
ftr-441	1493	20	push	push	VERB
ftr-441	1493	21	for	for	ADP
ftr-441	1493	22	inclusion	inclusion	NOUN
ftr-441	1493	23	of	of	ADP
ftr-441	1493	24	the	the	DET
ftr-441	1493	25	same	same	ADJ
ftr-441	1493	26	financing	financing	NOUN
ftr-441	1493	27	in	in	ADP
ftr-441	1493	28	outside	outside	ADJ
ftr-441	1493	29	basis	basis	NOUN
ftr-441	1493	30	.	.	PUNCT
ftr-441	1494	1	thus	thus	ADV
ftr-441	1494	2	,	,	PUNCT
ftr-441	1494	3	the	the	DET
ftr-441	1494	4	basic	basic	ADJ
ftr-441	1494	5	issue	issue	NOUN
ftr-441	1494	6	concerns	concern	VERB
ftr-441	1494	7	the	the	DET
ftr-441	1494	8	merit	merit	NOUN
ftr-441	1494	9	of	of	ADP
ftr-441	1494	10	the	the	DET
ftr-441	1494	11	real	real	ADJ
ftr-441	1494	12	estate	estate	NOUN
ftr-441	1494	13	exception	exception	NOUN
ftr-441	1494	14	;	;	PUNCT
ftr-441	1494	15	it	it	PRON
ftr-441	1494	16	is	be	AUX
ftr-441	1494	17	unreasonable	unreasonable	ADJ
ftr-441	1494	18	to	to	PART
ftr-441	1494	19	assume	assume	VERB
ftr-441	1494	20	that	that	SCONJ
ftr-441	1494	21	the	the	DET
ftr-441	1494	22	issue	issue	NOUN
ftr-441	1494	23	will	will	AUX
ftr-441	1494	24	somehow	somehow	ADV
ftr-441	1494	25	be	be	AUX
ftr-441	1494	26	circumvented	circumvent	VERB
ftr-441	1494	27	by	by	ADP
ftr-441	1494	28	shifting	shift	VERB
ftr-441	1494	29	the	the	DET
ftr-441	1494	30	controversy	controversy	NOUN
ftr-441	1494	31	to	to	ADP
ftr-441	1494	32	section	section	NOUN
ftr-441	1494	33	752	752	NUM
ftr-441	1494	34	.	.	PUNCT
ftr-441	1495	1	and	and	CCONJ
ftr-441	1495	2	for	for	ADP
ftr-441	1495	3	that	that	DET
ftr-441	1495	4	reason	reason	NOUN
ftr-441	1495	5	,	,	PUNCT
ftr-441	1495	6	there	there	PRON
ftr-441	1495	7	is	be	VERB
ftr-441	1495	8	no	no	DET
ftr-441	1495	9	basis	basis	NOUN
ftr-441	1495	10	to	to	PART
ftr-441	1495	11	decide	decide	VERB
ftr-441	1495	12	the	the	DET
ftr-441	1495	13	section	section	NOUN
ftr-441	1495	14	752	752	NUM
ftr-441	1495	15	question	question	NOUN
ftr-441	1495	16	because	because	SCONJ
ftr-441	1495	17	of	of	ADP
ftr-441	1495	18	concern	concern	NOUN
ftr-441	1495	19	about	about	ADP
ftr-441	1495	20	the	the	DET
ftr-441	1495	21	real	real	ADJ
ftr-441	1495	22	estate	estate	NOUN
ftr-441	1495	23	exception	exception	NOUN
ftr-441	1495	24	.	.	PUNCT
ftr-441	1496	1	in	in	ADP
ftr-441	1496	2	conclusion	conclusion	NOUN
ftr-441	1496	3	,	,	PUNCT
ftr-441	1496	4	including	include	VERB
ftr-441	1496	5	entity	entity	NOUN
ftr-441	1496	6	debt	debt	NOUN
ftr-441	1496	7	in	in	ADP
ftr-441	1496	8	the	the	DET
ftr-441	1496	9	outside	outside	ADJ
ftr-441	1496	10	basis	basis	NOUN
ftr-441	1496	11	of	of	ADP
ftr-441	1496	12	spbf	spbf	ADJ
ftr-441	1496	13	owners	owner	NOUN
ftr-441	1496	14	would	would	AUX
ftr-441	1496	15	help	help	VERB
ftr-441	1496	16	to	to	PART
ftr-441	1496	17	eliminate	eliminate	VERB
ftr-441	1496	18	tax	tax	NOUN
ftr-441	1496	19	distinctions	distinction	NOUN
ftr-441	1496	20	based	base	VERB
ftr-441	1496	21	on	on	ADP
ftr-441	1496	22	organizational	organizational	ADJ
ftr-441	1496	23	form	form	NOUN
ftr-441	1496	24	and	and	CCONJ
ftr-441	1496	25	characteristics	characteristic	NOUN
ftr-441	1496	26	and	and	CCONJ
ftr-441	1496	27	permit	permit	VERB
ftr-441	1496	28	businesses	business	NOUN
ftr-441	1496	29	to	to	PART
ftr-441	1496	30	finance	finance	VERB
ftr-441	1496	31	their	their	PRON
ftr-441	1496	32	activities	activity	NOUN
ftr-441	1496	33	as	as	SCONJ
ftr-441	1496	34	they	they	PRON
ftr-441	1496	35	wish	wish	VERB
ftr-441	1496	36	,	,	PUNCT
ftr-441	1496	37	without	without	ADP
ftr-441	1496	38	regard	regard	NOUN
ftr-441	1496	39	to	to	ADP
ftr-441	1496	40	tax	tax	NOUN
ftr-441	1496	41	considerations	consideration	NOUN
ftr-441	1496	42	and	and	CCONJ
ftr-441	1496	43	tax	tax	NOUN
ftr-441	1496	44	planning	planning	NOUN
ftr-441	1496	45	.	.	PUNCT
ftr-441	1497	1	further	far	ADV
ftr-441	1497	2	,	,	PUNCT
ftr-441	1497	3	the	the	DET
ftr-441	1497	4	restrictive	restrictive	ADJ
ftr-441	1497	5	allocation	allocation	NOUN
ftr-441	1497	6	rules	rule	NOUN
ftr-441	1497	7	of	of	ADP
ftr-441	1497	8	an	an	DET
ftr-441	1497	9	spbf	spbf	NOUN
ftr-441	1497	10	and	and	CCONJ
ftr-441	1497	11	the	the	DET
ftr-441	1497	12	broad	broad	ADJ
ftr-441	1497	13	applicability	applicability	NOUN
ftr-441	1497	14	of	of	ADP
ftr-441	1497	15	the	the	PRON
ftr-441	1497	16	at	at	ADP
ftr-441	1497	17	risk	risk	NOUN
ftr-441	1497	18	and	and	CCONJ
ftr-441	1497	19	passive	passive	ADJ
ftr-441	1497	20	activity	activity	NOUN
ftr-441	1497	21	loss	loss	NOUN
ftr-441	1497	22	rules	rule	NOUN
ftr-441	1497	23	to	to	PART
ftr-441	1497	24	spbf	spbf	VERB
ftr-441	1497	25	owners	owner	NOUN
ftr-441	1497	26	would	would	AUX
ftr-441	1497	27	protect	protect	VERB
ftr-441	1497	28	against	against	ADP
ftr-441	1497	29	the	the	DET
ftr-441	1497	30	potential	potential	ADJ
ftr-441	1497	31	misuse	misuse	NOUN
ftr-441	1497	32	of	of	ADP
ftr-441	1497	33	resulting	result	VERB
ftr-441	1497	34	passthrough	passthrough	NOUN
ftr-441	1497	35	losses	loss	NOUN
ftr-441	1497	36	.	.	PUNCT
ftr-441	1498	1	finally	finally	ADV
ftr-441	1498	2	,	,	PUNCT
ftr-441	1498	3	as	as	ADP
ftr-441	1498	4	an	an	DET
ftr-441	1498	5	administrative	administrative	ADJ
ftr-441	1498	6	matter	matter	NOUN
ftr-441	1498	7	,	,	PUNCT
ftr-441	1498	8	the	the	DET
ftr-441	1498	9	allocation	allocation	NOUN
ftr-441	1498	10	of	of	ADP
ftr-441	1498	11	the	the	DET
ftr-441	1498	12	debt	debt	NOUN
ftr-441	1498	13	to	to	PART
ftr-441	1498	14	spbf	spbf	VERB
ftr-441	1498	15	owners	owner	NOUN
ftr-441	1498	16	could	could	AUX
ftr-441	1498	17	be	be	AUX
ftr-441	1498	18	done	do	VERB
ftr-441	1498	19	in	in	ADP
ftr-441	1498	20	a	a	DET
ftr-441	1498	21	straightforward	straightforward	ADJ
ftr-441	1498	22	manner	manner	NOUN
ftr-441	1498	23	based	base	VERB
ftr-441	1498	24	on	on	ADP
ftr-441	1498	25	the	the	DET
ftr-441	1498	26	owners	owner	NOUN
ftr-441	1498	27	'	'	PART
ftr-441	1498	28	shares	share	NOUN
ftr-441	1498	29	of	of	ADP
ftr-441	1498	30	the	the	DET
ftr-441	1498	31	residual	residual	ADJ
ftr-441	1498	32	interests	interest	NOUN
ftr-441	1498	33	of	of	ADP
ftr-441	1498	34	the	the	DET
ftr-441	1498	35	firm	firm	NOUN
ftr-441	1498	36	.	.	PUNCT
ftr-441	1499	1	although	although	SCONJ
ftr-441	1499	2	certain	certain	ADJ
ftr-441	1499	3	of	of	ADP
ftr-441	1499	4	these	these	DET
ftr-441	1499	5	reasons	reason	NOUN
ftr-441	1499	6	are	be	AUX
ftr-441	1499	7	inapplicable	inapplicable	ADJ
ftr-441	1499	8	to	to	ADP
ftr-441	1499	9	the	the	DET
ftr-441	1499	10	default	default	NOUN
ftr-441	1499	11	version	version	NOUN
ftr-441	1499	12	of	of	ADP
ftr-441	1499	13	conduit	conduit	NOUN
ftr-441	1499	14	taxation	taxation	NOUN
ftr-441	1499	15	-	-	PUNCT
ftr-441	1499	16	and	and	CCONJ
ftr-441	1499	17	,	,	PUNCT
ftr-441	1499	18	therefore	therefore	ADV
ftr-441	1499	19	,	,	PUNCT
ftr-441	1499	20	additional	additional	ADJ
ftr-441	1499	21	thought	thought	NOUN
ftr-441	1499	22	must	must	AUX
ftr-441	1499	23	be	be	AUX
ftr-441	1499	24	given	give	VERB
ftr-441	1499	25	to	to	ADP
ftr-441	1499	26	whether	whether	SCONJ
ftr-441	1499	27	section	section	NOUN
ftr-441	1499	28	752	752	NUM
ftr-441	1499	29	principles	principle	NOUN
ftr-441	1499	30	should	should	AUX
ftr-441	1499	31	be	be	AUX
ftr-441	1499	32	available	available	ADJ
ftr-441	1499	33	in	in	ADP
ftr-441	1499	34	that	that	DET
ftr-441	1499	35	world	world	NOUN
ftr-441	1499	36	-	-	PUNCT
ftr-441	1499	37	these	these	DET
ftr-441	1499	38	reasons	reason	NOUN
ftr-441	1499	39	seem	seem	VERB
ftr-441	1499	40	more	more	ADV
ftr-441	1499	41	than	than	ADP
ftr-441	1499	42	adequate	adequate	ADJ
ftr-441	1499	43	to	to	PART
ftr-441	1499	44	justify	justify	VERB
ftr-441	1499	45	inclusion	inclusion	NOUN
ftr-441	1499	46	of	of	ADP
ftr-441	1499	47	those	those	DET
ftr-441	1499	48	principles	principle	NOUN
ftr-441	1499	49	in	in	ADP
ftr-441	1499	50	the	the	DET
ftr-441	1499	51	spbf	spbf	NOUN
ftr-441	1499	52	system.205	system.205	VERB
ftr-441	1499	53	3	3	NUM
ftr-441	1499	54	.	.	PUNCT
ftr-441	1500	1	contributions	contribution	NOUN
ftr-441	1500	2	and	and	CCONJ
ftr-441	1500	3	distributions	distribution	NOUN
ftr-441	1500	4	a.	a.	NOUN
ftr-441	1500	5	contributions	contribution	NOUN
ftr-441	1500	6	-	-	PUNCT
ftr-441	1500	7	present	present	ADJ
ftr-441	1500	8	la.-almost	la.-almost	NOUN
ftr-441	1500	9	any	any	DET
ftr-441	1500	10	contribution	contribution	NOUN
ftr-441	1500	11	to	to	ADP
ftr-441	1500	12	a	a	DET
ftr-441	1500	13	partnership	partnership	NOUN
ftr-441	1500	14	in	in	ADP
ftr-441	1500	15	exchange	exchange	NOUN
ftr-441	1500	16	for	for	ADP
ftr-441	1500	17	a	a	DET
ftr-441	1500	18	partnership	partnership	NOUN
ftr-441	1500	19	interest	interest	NOUN
ftr-441	1500	20	is	be	AUX
ftr-441	1500	21	tax	tax	NOUN
ftr-441	1500	22	-	-	PUNCT
ftr-441	1500	23	free	free	ADJ
ftr-441	1500	24	.	.	PUNCT
ftr-441	1501	1	the	the	DET
ftr-441	1501	2	major	major	ADJ
ftr-441	1501	3	exception	exception	NOUN
ftr-441	1501	4	is	be	AUX
ftr-441	1501	5	the	the	DET
ftr-441	1501	6	contribution	contribution	NOUN
ftr-441	1501	7	of	of	ADP
ftr-441	1501	8	services	service	NOUN
ftr-441	1501	9	in	in	ADP
ftr-441	1501	10	exchange	exchange	NOUN
ftr-441	1501	11	for	for	ADP
ftr-441	1501	12	an	an	DET
ftr-441	1501	13	interest	interest	NOUN
ftr-441	1501	14	in	in	ADP
ftr-441	1501	15	the	the	DET
ftr-441	1501	16	capital	capital	NOUN
ftr-441	1501	17	of	of	ADP
ftr-441	1501	18	the	the	DET
ftr-441	1501	19	partnership	partnership	NOUN
ftr-441	1501	20	.	.	PUNCT
ftr-441	1502	1	'	'	PUNCT
ftr-441	1502	2	z	z	NOUN
ftr-441	1502	3	in	in	ADP
ftr-441	1502	4	general	general	ADJ
ftr-441	1502	5	,	,	PUNCT
ftr-441	1502	6	the	the	DET
ftr-441	1502	7	irs	irs	PROPN
ftr-441	1502	8	treats	treat	VERB
ftr-441	1502	9	the	the	DET
ftr-441	1502	10	receipt	receipt	NOUN
ftr-441	1502	11	for	for	ADP
ftr-441	1502	12	services	service	NOUN
ftr-441	1502	13	of	of	ADP
ftr-441	1502	14	a	a	DET
ftr-441	1502	15	mere	mere	ADJ
ftr-441	1502	16	partnership	partnership	NOUN
ftr-441	1502	17	profits	profit	VERB
ftr-441	1502	18	interest	interest	NOUN
ftr-441	1502	19	as	as	ADP
ftr-441	1502	20	being	be	AUX
ftr-441	1502	21	tax	tax	NOUN
ftr-441	1502	22	-	-	PUNCT
ftr-441	1502	23	free	free	ADJ
ftr-441	1502	24	.	.	PUNCT
ftr-441	1502	25	7	7	NUM
ftr-441	1502	26	in	in	ADP
ftr-441	1502	27	contrast	contrast	NOUN
ftr-441	1502	28	,	,	PUNCT
ftr-441	1502	29	contributions	contribution	NOUN
ftr-441	1502	30	to	to	ADP
ftr-441	1502	31	an	an	DET
ftr-441	1502	32	s	s	NOUN
ftr-441	1502	33	corporation	corporation	NOUN
ftr-441	1502	34	are	be	AUX
ftr-441	1502	35	governed	govern	VERB
ftr-441	1502	36	by	by	ADP
ftr-441	1502	37	the	the	DET
ftr-441	1502	38	same	same	ADJ
ftr-441	1502	39	rules	rule	NOUN
ftr-441	1502	40	that	that	PRON
ftr-441	1502	41	apply	apply	VERB
ftr-441	1502	42	to	to	ADP
ftr-441	1502	43	all	all	DET
ftr-441	1502	44	corporations	corporation	NOUN
ftr-441	1502	45	.	.	PUNCT
ftr-441	1502	46	'	'	PUNCT
ftr-441	1503	1	accordingly	accordingly	ADV
ftr-441	1503	2	,	,	PUNCT
ftr-441	1503	3	a	a	DET
ftr-441	1503	4	transfer	transfer	NOUN
ftr-441	1503	5	of	of	ADP
ftr-441	1503	6	property	property	NOUN
ftr-441	1503	7	to	to	ADP
ftr-441	1503	8	an	an	DET
ftr-441	1503	9	s	s	NOUN
ftr-441	1503	10	corporation	corporation	NOUN
ftr-441	1503	11	in	in	ADP
ftr-441	1503	12	exchange	exchange	NOUN
ftr-441	1503	13	for	for	ADP
ftr-441	1503	14	its	its	PRON
ftr-441	1503	15	stock	stock	NOUN
ftr-441	1503	16	is	be	AUX
ftr-441	1503	17	tax	tax	NOUN
ftr-441	1503	18	-	-	PUNCT
ftr-441	1503	19	free	free	ADJ
ftr-441	1503	20	only	only	ADV
ftr-441	1503	21	if	if	SCONJ
ftr-441	1503	22	the	the	DET
ftr-441	1503	23	transferor	transferor	NOUN
ftr-441	1503	24	,	,	PUNCT
ftr-441	1503	25	either	either	CCONJ
ftr-441	1503	26	alone	alone	ADJ
ftr-441	1503	27	or	or	CCONJ
ftr-441	1503	28	with	with	ADP
ftr-441	1503	29	a	a	DET
ftr-441	1503	30	group	group	NOUN
ftr-441	1503	31	of	of	ADP
ftr-441	1503	32	transferors	transferor	NOUN
ftr-441	1503	33	,	,	PUNCT
ftr-441	1503	34	owns	own	VERB
ftr-441	1503	35	at	at	ADP
ftr-441	1503	36	least	least	ADJ
ftr-441	1503	37	80	80	NUM
ftr-441	1503	38	%	%	NOUN
ftr-441	1503	39	control	control	NOUN
ftr-441	1503	40	of	of	ADP
ftr-441	1503	41	the	the	DET
ftr-441	1503	42	corporation	corporation	NOUN
ftr-441	1503	43	following	follow	VERB
ftr-441	1503	44	the	the	DET
ftr-441	1503	45	transfer.20	transfer.20	NOUN
ftr-441	1503	46	furthermore	furthermore	ADV
ftr-441	1503	47	,	,	PUNCT
ftr-441	1503	48	any	any	DET
ftr-441	1503	49	stock	stock	NOUN
ftr-441	1503	50	205	205	NUM
ftr-441	1503	51	.	.	PUNCT
ftr-441	1504	1	inclusion	inclusion	NOUN
ftr-441	1504	2	of	of	ADP
ftr-441	1504	3	§	§	PROPN
ftr-441	1504	4	752	752	NUM
ftr-441	1504	5	principles	principle	NOUN
ftr-441	1504	6	in	in	ADP
ftr-441	1504	7	the	the	DET
ftr-441	1504	8	spbf	spbf	ADJ
ftr-441	1504	9	system	system	NOUN
ftr-441	1504	10	,	,	PUNCT
ftr-441	1504	11	but	but	CCONJ
ftr-441	1504	12	not	not	PART
ftr-441	1504	13	the	the	DET
ftr-441	1504	14	default	default	NOUN
ftr-441	1504	15	system	system	NOUN
ftr-441	1504	16	,	,	PUNCT
ftr-441	1504	17	would	would	AUX
ftr-441	1504	18	have	have	VERB
ftr-441	1504	19	the	the	DET
ftr-441	1504	20	side	side	NOUN
ftr-441	1504	21	benefit	benefit	NOUN
ftr-441	1504	22	of	of	ADP
ftr-441	1504	23	increasing	increase	VERB
ftr-441	1504	24	the	the	DET
ftr-441	1504	25	appeal	appeal	NOUN
ftr-441	1504	26	of	of	ADP
ftr-441	1504	27	the	the	DET
ftr-441	1504	28	simplified	simplified	ADJ
ftr-441	1504	29	system	system	NOUN
ftr-441	1504	30	to	to	ADP
ftr-441	1504	31	taxpayers	taxpayer	NOUN
ftr-441	1504	32	.	.	PUNCT
ftr-441	1505	1	206	206	NUM
ftr-441	1505	2	.	.	PUNCT
ftr-441	1506	1	see	see	VERB
ftr-441	1506	2	united	united	PROPN
ftr-441	1506	3	states	states	PROPN
ftr-441	1506	4	v.	v.	ADP
ftr-441	1506	5	frazell	frazell	PROPN
ftr-441	1506	6	,	,	PUNCT
ftr-441	1506	7	335	335	NUM
ftr-441	1506	8	f.2d	f.2d	ADP
ftr-441	1506	9	487	487	NUM
ftr-441	1506	10	,	,	PUNCT
ftr-441	1506	11	489	489	NUM
ftr-441	1506	12	(	(	PUNCT
ftr-441	1506	13	5th	5th	ADJ
ftr-441	1506	14	cir	cir	NOUN
ftr-441	1506	15	.	.	PUNCT
ftr-441	1506	16	1964	1964	NUM
ftr-441	1506	17	)	)	PUNCT
ftr-441	1506	18	.	.	PUNCT
ftr-441	1507	1	cert	cert	PROPN
ftr-441	1507	2	.	.	PUNCT
ftr-441	1508	1	denied	deny	VERB
ftr-441	1508	2	,	,	PUNCT
ftr-441	1508	3	380	380	NUM
ftr-441	1508	4	u.s	u.s	PROPN
ftr-441	1508	5	.	.	PROPN
ftr-441	1508	6	961	961	NUM
ftr-441	1508	7	(	(	PUNCT
ftr-441	1508	8	1965	1965	NUM
ftr-441	1508	9	)	)	PUNCT
ftr-441	1508	10	.	.	PUNCT
ftr-441	1509	1	207	207	NUM
ftr-441	1509	2	.	.	PUNCT
ftr-441	1510	1	rev	rev	PROPN
ftr-441	1510	2	.	.	PROPN
ftr-441	1510	3	proc	proc	PROPN
ftr-441	1510	4	.	.	PUNCT
ftr-441	1511	1	93	93	NUM
ftr-441	1511	2	-	-	SYM
ftr-441	1511	3	27	27	NUM
ftr-441	1511	4	,	,	PUNCT
ftr-441	1511	5	1993	1993	NUM
ftr-441	1511	6	-	-	SYM
ftr-441	1511	7	2	2	NUM
ftr-441	1511	8	c.b	c.b	PROPN
ftr-441	1511	9	.	.	PROPN
ftr-441	1511	10	343	343	NUM
ftr-441	1511	11	.	.	PUNCT
ftr-441	1512	1	208	208	NUM
ftr-441	1512	2	.	.	PUNCT
ftr-441	1513	1	see	see	VERB
ftr-441	1513	2	irc	irc	PROPN
ftr-441	1513	3	§	§	PROPN
ftr-441	1513	4	1371(a)(1	1371(a)(1	NUM
ftr-441	1513	5	)	)	PUNCT
ftr-441	1513	6	.	.	PUNCT
ftr-441	1514	1	209	209	NUM
ftr-441	1514	2	.	.	PUNCT
ftr-441	1515	1	see	see	VERB
ftr-441	1515	2	irc	irc	PROPN
ftr-441	1515	3	§	§	PROPN
ftr-441	1515	4	351	351	NUM
ftr-441	1515	5	.	.	PUNCT
ftr-441	1515	6	1999	1999	NUM
ftr-441	1515	7	]	]	PUNCT
ftr-441	1516	1	florida	florida	PROPN
ftr-441	1516	2	tax	tax	PROPN
ftr-441	1516	3	review	review	NOUN
ftr-441	1516	4	of	of	ADP
ftr-441	1516	5	an	an	DET
ftr-441	1516	6	s	s	NOUN
ftr-441	1516	7	corporation	corporation	NOUN
ftr-441	1516	8	received	receive	VERB
ftr-441	1516	9	in	in	ADP
ftr-441	1516	10	exchange	exchange	NOUN
ftr-441	1516	11	for	for	ADP
ftr-441	1516	12	services	service	NOUN
ftr-441	1516	13	is	be	AUX
ftr-441	1516	14	taxable	taxable	ADJ
ftr-441	1516	15	to	to	ADP
ftr-441	1516	16	the	the	DET
ftr-441	1516	17	recipient	recipient	NOUN
ftr-441	1516	18	.	.	PUNCT
ftr-441	1517	1	"	"	PUNCT
ftr-441	1517	2	'	'	PUNCT
ftr-441	1517	3	although	although	SCONJ
ftr-441	1517	4	this	this	DET
ftr-441	1517	5	rule	rule	NOUN
ftr-441	1517	6	is	be	AUX
ftr-441	1517	7	different	different	ADJ
ftr-441	1517	8	from	from	ADP
ftr-441	1517	9	the	the	DET
ftr-441	1517	10	partnership	partnership	NOUN
ftr-441	1517	11	rule	rule	NOUN
ftr-441	1517	12	,	,	PUNCT
ftr-441	1517	13	it	it	PRON
ftr-441	1517	14	results	result	VERB
ftr-441	1517	15	from	from	ADP
ftr-441	1517	16	the	the	DET
ftr-441	1517	17	fact	fact	NOUN
ftr-441	1517	18	that	that	SCONJ
ftr-441	1517	19	an	an	DET
ftr-441	1517	20	s	s	NOUN
ftr-441	1517	21	corporation	corporation	NOUN
ftr-441	1517	22	has	have	AUX
ftr-441	1517	23	only	only	ADV
ftr-441	1517	24	one	one	NUM
ftr-441	1517	25	class	class	NOUN
ftr-441	1517	26	of	of	ADP
ftr-441	1517	27	stock	stock	NOUN
ftr-441	1517	28	.	.	PUNCT
ftr-441	1518	1	thus	thus	ADV
ftr-441	1518	2	,	,	PUNCT
ftr-441	1518	3	stock	stock	NOUN
ftr-441	1518	4	in	in	ADP
ftr-441	1518	5	an	an	DET
ftr-441	1518	6	s	s	NOUN
ftr-441	1518	7	corporation	corporation	NOUN
ftr-441	1518	8	must	must	AUX
ftr-441	1518	9	inevitably	inevitably	ADV
ftr-441	1518	10	carry	carry	VERB
ftr-441	1518	11	with	with	ADP
ftr-441	1518	12	it	it	PRON
ftr-441	1518	13	an	an	DET
ftr-441	1518	14	interest	interest	NOUN
ftr-441	1518	15	in	in	ADP
ftr-441	1518	16	the	the	DET
ftr-441	1518	17	capital	capital	NOUN
ftr-441	1518	18	of	of	ADP
ftr-441	1518	19	the	the	DET
ftr-441	1518	20	corporation	corporation	NOUN
ftr-441	1518	21	.	.	PUNCT
ftr-441	1519	1	as	as	SCONJ
ftr-441	1519	2	noted	note	VERB
ftr-441	1519	3	,	,	PUNCT
ftr-441	1519	4	when	when	SCONJ
ftr-441	1519	5	services	service	NOUN
ftr-441	1519	6	are	be	AUX
ftr-441	1519	7	contributed	contribute	VERB
ftr-441	1519	8	in	in	ADP
ftr-441	1519	9	exchange	exchange	NOUN
ftr-441	1519	10	for	for	ADP
ftr-441	1519	11	partnership	partnership	NOUN
ftr-441	1519	12	capital	capital	NOUN
ftr-441	1519	13	,	,	PUNCT
ftr-441	1519	14	the	the	DET
ftr-441	1519	15	transaction	transaction	NOUN
ftr-441	1519	16	is	be	AUX
ftr-441	1519	17	taxable	taxable	ADJ
ftr-441	1519	18	.	.	PUNCT
ftr-441	1520	1	the	the	DET
ftr-441	1520	2	tax	tax	NOUN
ftr-441	1520	3	authorities	authority	NOUN
ftr-441	1520	4	early	early	ADV
ftr-441	1520	5	on	on	ADP
ftr-441	1520	6	accepted	accept	VERB
ftr-441	1520	7	the	the	DET
ftr-441	1520	8	proposition	proposition	NOUN
ftr-441	1520	9	that	that	SCONJ
ftr-441	1520	10	a	a	DET
ftr-441	1520	11	contribution	contribution	NOUN
ftr-441	1520	12	of	of	ADP
ftr-441	1520	13	property	property	NOUN
ftr-441	1520	14	to	to	ADP
ftr-441	1520	15	a	a	DET
ftr-441	1520	16	partnership	partnership	NOUN
ftr-441	1520	17	in	in	ADP
ftr-441	1520	18	exchange	exchange	NOUN
ftr-441	1520	19	for	for	ADP
ftr-441	1520	20	a	a	DET
ftr-441	1520	21	partnership	partnership	NOUN
ftr-441	1520	22	interest	interest	NOUN
ftr-441	1520	23	is	be	AUX
ftr-441	1520	24	not	not	PART
ftr-441	1520	25	a	a	DET
ftr-441	1520	26	taxable	taxable	ADJ
ftr-441	1520	27	event	event	NOUN
ftr-441	1520	28	.	.	PUNCT
ftr-441	1521	1	21	21	NUM
ftr-441	1521	2	'	'	PUNCT
ftr-441	1521	3	the	the	DET
ftr-441	1521	4	1920	1920	NUM
ftr-441	1521	5	solicitor	solicitor	NOUN
ftr-441	1521	6	's	's	PART
ftr-441	1521	7	opinion	opinion	NOUN
ftr-441	1521	8	which	which	PRON
ftr-441	1521	9	first	first	ADV
ftr-441	1521	10	makes	make	VERB
ftr-441	1521	11	this	this	DET
ftr-441	1521	12	point	point	NOUN
ftr-441	1521	13	quotes	quote	VERB
ftr-441	1521	14	united	united	PROPN
ftr-441	1521	15	states	states	PROPN
ftr-441	1521	16	v.	v.	ADP
ftr-441	1521	17	coulby,21	coulby,21	PROPN
ftr-441	1521	18	2	2	NUM
ftr-441	1521	19	for	for	ADP
ftr-441	1521	20	the	the	DET
ftr-441	1521	21	proposition	proposition	NOUN
ftr-441	1521	22	that	that	SCONJ
ftr-441	1521	23	"	"	PUNCT
ftr-441	1521	24	[	[	X
ftr-441	1521	25	u]nlike	u]nlike	ADP
ftr-441	1521	26	a	a	DET
ftr-441	1521	27	corporation	corporation	NOUN
ftr-441	1521	28	,	,	PUNCT
ftr-441	1521	29	a	a	DET
ftr-441	1521	30	partnership	partnership	NOUN
ftr-441	1521	31	has	have	AUX
ftr-441	1521	32	no	no	DET
ftr-441	1521	33	legal	legal	ADJ
ftr-441	1521	34	existence	existence	NOUN
ftr-441	1521	35	aside	aside	ADV
ftr-441	1521	36	from	from	ADP
ftr-441	1521	37	the	the	DET
ftr-441	1521	38	members	member	NOUN
ftr-441	1521	39	who	who	PRON
ftr-441	1521	40	compose	compose	VERB
ftr-441	1521	41	it	it	PRON
ftr-441	1521	42	.	.	PUNCT
ftr-441	1521	43	"	"	PUNCT
ftr-441	1522	1	the	the	DET
ftr-441	1522	2	solicitor	solicitor	NOUN
ftr-441	1522	3	's	's	PART
ftr-441	1522	4	opinion	opinion	NOUN
ftr-441	1522	5	goes	go	VERB
ftr-441	1522	6	on	on	ADP
ftr-441	1522	7	to	to	PART
ftr-441	1522	8	say	say	VERB
ftr-441	1522	9	:	:	PUNCT
ftr-441	1522	10	it	it	PRON
ftr-441	1522	11	thus	thus	ADV
ftr-441	1522	12	appears	appear	VERB
ftr-441	1522	13	,	,	PUNCT
ftr-441	1522	14	both	both	CCONJ
ftr-441	1522	15	from	from	ADP
ftr-441	1522	16	the	the	DET
ftr-441	1522	17	decision	decision	NOUN
ftr-441	1522	18	of	of	ADP
ftr-441	1522	19	the	the	DET
ftr-441	1522	20	federal	federal	ADJ
ftr-441	1522	21	court	court	NOUN
ftr-441	1522	22	and	and	CCONJ
ftr-441	1522	23	from	from	ADP
ftr-441	1522	24	the	the	DET
ftr-441	1522	25	ruling	ruling	NOUN
ftr-441	1522	26	of	of	ADP
ftr-441	1522	27	this	this	DET
ftr-441	1522	28	department	department	NOUN
ftr-441	1522	29	,	,	PUNCT
ftr-441	1522	30	that	that	SCONJ
ftr-441	1522	31	,	,	PUNCT
ftr-441	1522	32	for	for	ADP
ftr-441	1522	33	income	income	NOUN
ftr-441	1522	34	tax	tax	NOUN
ftr-441	1522	35	purposes	purpose	NOUN
ftr-441	1522	36	,	,	PUNCT
ftr-441	1522	37	the	the	DET
ftr-441	1522	38	common	common	ADJ
ftr-441	1522	39	law	law	NOUN
ftr-441	1522	40	doctrine	doctrine	NOUN
ftr-441	1522	41	of	of	ADP
ftr-441	1522	42	the	the	DET
ftr-441	1522	43	nature	nature	NOUN
ftr-441	1522	44	of	of	ADP
ftr-441	1522	45	a	a	DET
ftr-441	1522	46	partnership	partnership	NOUN
ftr-441	1522	47	must	must	AUX
ftr-441	1522	48	be	be	AUX
ftr-441	1522	49	adhered	adhere	VERB
ftr-441	1522	50	to	to	ADP
ftr-441	1522	51	,	,	PUNCT
ftr-441	1522	52	and	and	CCONJ
ftr-441	1522	53	that	that	SCONJ
ftr-441	1522	54	the	the	DET
ftr-441	1522	55	more	more	ADJ
ftr-441	1522	56	modem	modem	NOUN
ftr-441	1522	57	doctrine	doctrine	NOUN
ftr-441	1522	58	,	,	PUNCT
ftr-441	1522	59	prevailing	prevail	VERB
ftr-441	1522	60	in	in	ADP
ftr-441	1522	61	some	some	DET
ftr-441	1522	62	states	state	NOUN
ftr-441	1522	63	,	,	PUNCT
ftr-441	1522	64	which	which	PRON
ftr-441	1522	65	recognizes	recognize	VERB
ftr-441	1522	66	a	a	DET
ftr-441	1522	67	partnership	partnership	NOUN
ftr-441	1522	68	for	for	ADP
ftr-441	1522	69	many	many	ADJ
ftr-441	1522	70	purposes	purpose	NOUN
ftr-441	1522	71	as	as	ADP
ftr-441	1522	72	an	an	DET
ftr-441	1522	73	entity	entity	NOUN
ftr-441	1522	74	not	not	PART
ftr-441	1522	75	greatly	greatly	ADV
ftr-441	1522	76	differing	differ	VERB
ftr-441	1522	77	from	from	ADP
ftr-441	1522	78	the	the	DET
ftr-441	1522	79	corporation	corporation	NOUN
ftr-441	1522	80	,	,	PUNCT
ftr-441	1522	81	must	must	AUX
ftr-441	1522	82	be	be	AUX
ftr-441	1522	83	ignored	ignore	VERB
ftr-441	1522	84	.	.	PUNCT
ftr-441	1523	1	a	a	DET
ftr-441	1523	2	1932	1932	NUM
ftr-441	1523	3	general	general	ADJ
ftr-441	1523	4	counsel	counsel	NOUN
ftr-441	1523	5	memorandum	memorandum	NOUN
ftr-441	1523	6	emphasizes	emphasize	VERB
ftr-441	1523	7	that	that	SCONJ
ftr-441	1523	8	this	this	DET
ftr-441	1523	9	rule	rule	NOUN
ftr-441	1523	10	is	be	AUX
ftr-441	1523	11	a	a	DET
ftr-441	1523	12	function	function	NOUN
ftr-441	1523	13	of	of	ADP
ftr-441	1523	14	nonrealization	nonrealization	NOUN
ftr-441	1523	15	,	,	PUNCT
ftr-441	1523	16	not	not	PART
ftr-441	1523	17	nonrecognition	nonrecognition	NOUN
ftr-441	1523	18	,	,	PUNCT
ftr-441	1523	19	since	since	SCONJ
ftr-441	1523	20	the	the	DET
ftr-441	1523	21	statute	statute	NOUN
ftr-441	1523	22	did	do	AUX
ftr-441	1523	23	not	not	PART
ftr-441	1523	24	provide	provide	VERB
ftr-441	1523	25	any	any	DET
ftr-441	1523	26	special	special	ADJ
ftr-441	1523	27	rule	rule	NOUN
ftr-441	1523	28	in	in	ADP
ftr-441	1523	29	this	this	DET
ftr-441	1523	30	area.2	area.2	NOUN
ftr-441	1523	31	"	"	PUNCT
ftr-441	1523	32	3	3	NUM
ftr-441	1523	33	the	the	DET
ftr-441	1523	34	general	general	ADJ
ftr-441	1523	35	counsel	counsel	NOUN
ftr-441	1523	36	memorandum	memorandum	NOUN
ftr-441	1523	37	extracts	extract	NOUN
ftr-441	1523	38	from	from	ADP
ftr-441	1523	39	this	this	DET
ftr-441	1523	40	analysis	analysis	NOUN
ftr-441	1523	41	the	the	DET
ftr-441	1523	42	rule	rule	NOUN
ftr-441	1523	43	now	now	ADV
ftr-441	1523	44	embodied	embody	VERB
ftr-441	1523	45	in	in	ADP
ftr-441	1523	46	section	section	NOUN
ftr-441	1523	47	704(c	704(c	PROPN
ftr-441	1523	48	)	)	PUNCT
ftr-441	1523	49	.	.	PUNCT
ftr-441	1524	1	that	that	PRON
ftr-441	1524	2	is	be	AUX
ftr-441	1524	3	,	,	PUNCT
ftr-441	1524	4	if	if	SCONJ
ftr-441	1524	5	a	a	DET
ftr-441	1524	6	contribution	contribution	NOUN
ftr-441	1524	7	of	of	ADP
ftr-441	1524	8	appreciated	appreciated	ADJ
ftr-441	1524	9	property	property	NOUN
ftr-441	1524	10	to	to	ADP
ftr-441	1524	11	a	a	DET
ftr-441	1524	12	partnership	partnership	NOUN
ftr-441	1524	13	is	be	AUX
ftr-441	1524	14	not	not	PART
ftr-441	1524	15	considered	consider	VERB
ftr-441	1524	16	a	a	DET
ftr-441	1524	17	realization	realization	NOUN
ftr-441	1524	18	event	event	NOUN
ftr-441	1524	19	yet	yet	CCONJ
ftr-441	1524	20	the	the	DET
ftr-441	1524	21	contributing	contribute	VERB
ftr-441	1524	22	partner	partner	NOUN
ftr-441	1524	23	is	be	AUX
ftr-441	1524	24	given	give	VERB
ftr-441	1524	25	economic	economic	ADJ
ftr-441	1524	26	credit	credit	NOUN
ftr-441	1524	27	for	for	ADP
ftr-441	1524	28	the	the	DET
ftr-441	1524	29	full	full	ADJ
ftr-441	1524	30	value	value	NOUN
ftr-441	1524	31	of	of	ADP
ftr-441	1524	32	the	the	DET
ftr-441	1524	33	property	property	NOUN
ftr-441	1524	34	,	,	PUNCT
ftr-441	1524	35	then	then	ADV
ftr-441	1524	36	it	it	PRON
ftr-441	1524	37	follows	follow	VERB
ftr-441	1524	38	that	that	SCONJ
ftr-441	1524	39	the	the	DET
ftr-441	1524	40	gain	gain	NOUN
ftr-441	1524	41	inherent	inherent	ADJ
ftr-441	1524	42	at	at	ADP
ftr-441	1524	43	the	the	DET
ftr-441	1524	44	time	time	NOUN
ftr-441	1524	45	of	of	ADP
ftr-441	1524	46	the	the	DET
ftr-441	1524	47	contribution	contribution	NOUN
ftr-441	1524	48	must	must	AUX
ftr-441	1524	49	be	be	AUX
ftr-441	1524	50	allocated	allocate	VERB
ftr-441	1524	51	to	to	ADP
ftr-441	1524	52	such	such	ADJ
ftr-441	1524	53	partner	partner	NOUN
ftr-441	1524	54	.	.	PUNCT
ftr-441	1524	55	"	"	PUNCT
ftr-441	1525	1	4	4	NUM
ftr-441	1525	2	a	a	DET
ftr-441	1525	3	partner	partner	NOUN
ftr-441	1525	4	recognizes	recognize	VERB
ftr-441	1525	5	gain	gain	NOUN
ftr-441	1525	6	,	,	PUNCT
ftr-441	1525	7	and	and	CCONJ
ftr-441	1525	8	a	a	DET
ftr-441	1525	9	shareholder	shareholder	NOUN
ftr-441	1525	10	of	of	ADP
ftr-441	1525	11	an	an	DET
ftr-441	1525	12	s	s	NOUN
ftr-441	1525	13	corporation	corporation	NOUN
ftr-441	1525	14	recognizes	recognize	VERB
ftr-441	1525	15	gain	gain	NOUN
ftr-441	1525	16	or	or	CCONJ
ftr-441	1525	17	loss	loss	NOUN
ftr-441	1525	18	,	,	PUNCT
ftr-441	1525	19	upon	upon	SCONJ
ftr-441	1525	20	a	a	DET
ftr-441	1525	21	transfer	transfer	NOUN
ftr-441	1525	22	of	of	ADP
ftr-441	1525	23	property	property	NOUN
ftr-441	1525	24	to	to	ADP
ftr-441	1525	25	a	a	DET
ftr-441	1525	26	firm	firm	ADJ
ftr-441	1525	27	qualifying	qualifying	NOUN
ftr-441	1525	28	as	as	ADP
ftr-441	1525	29	an	an	DET
ftr-441	1525	30	"	"	PUNCT
ftr-441	1525	31	investment	investment	NOUN
ftr-441	1525	32	company	company	NOUN
ftr-441	1525	33	.	.	PUNCT
ftr-441	1526	1	2	2	NUM
ftr-441	1526	2	5	5	NUM
ftr-441	1526	3	the	the	DET
ftr-441	1526	4	1997	1997	NUM
ftr-441	1526	5	act	act	NOUN
ftr-441	1526	6	broadened	broaden	VERB
ftr-441	1526	7	the	the	DET
ftr-441	1526	8	definition	definition	NOUN
ftr-441	1526	9	of	of	ADP
ftr-441	1526	10	investment	investment	NOUN
ftr-441	1526	11	company	company	NOUN
ftr-441	1526	12	to	to	PART
ftr-441	1526	13	stem	stem	VERB
ftr-441	1526	14	the	the	DET
ftr-441	1526	15	reappearance	reappearance	NOUN
ftr-441	1526	16	of	of	ADP
ftr-441	1526	17	"	"	PUNCT
ftr-441	1526	18	swap	swap	ADJ
ftr-441	1526	19	funds	fund	NOUN
ftr-441	1526	20	,	,	PUNCT
ftr-441	1526	21	"	"	PUNCT
ftr-441	1526	22	i.e.	i.e.	X
ftr-441	1526	23	,	,	PUNCT
ftr-441	1526	24	firms	firm	NOUN
ftr-441	1526	25	210	210	NUM
ftr-441	1526	26	.	.	PUNCT
ftr-441	1527	1	see	see	VERB
ftr-441	1527	2	irc	irc	PROPN
ftr-441	1527	3	§	§	PROPN
ftr-441	1527	4	351(d)(1	351(d)(1	PROPN
ftr-441	1527	5	)	)	PUNCT
ftr-441	1527	6	.	.	PUNCT
ftr-441	1528	1	211	211	NUM
ftr-441	1528	2	.	.	PUNCT
ftr-441	1529	1	sol	sol	NOUN
ftr-441	1529	2	.	.	PUNCT
ftr-441	1530	1	op	op	NOUN
ftr-441	1530	2	.	.	PUNCT
ftr-441	1531	1	42	42	NUM
ftr-441	1531	2	,	,	PUNCT
ftr-441	1531	3	3	3	NUM
ftr-441	1531	4	c.b	c.b	PROPN
ftr-441	1531	5	.	.	PROPN
ftr-441	1531	6	61	61	NUM
ftr-441	1531	7	(	(	PUNCT
ftr-441	1531	8	1920	1920	NUM
ftr-441	1531	9	)	)	PUNCT
ftr-441	1531	10	.	.	PUNCT
ftr-441	1532	1	212	212	NUM
ftr-441	1532	2	.	.	PUNCT
ftr-441	1533	1	251	251	NUM
ftr-441	1533	2	f.	f.	NOUN
ftr-441	1533	3	982	982	NUM
ftr-441	1533	4	(	(	PUNCT
ftr-441	1533	5	6th	6th	ADJ
ftr-441	1533	6	cir	cir	NOUN
ftr-441	1533	7	.	.	PUNCT
ftr-441	1533	8	1918	1918	NUM
ftr-441	1533	9	)	)	PUNCT
ftr-441	1533	10	.	.	PUNCT
ftr-441	1534	1	213	213	NUM
ftr-441	1534	2	.	.	PUNCT
ftr-441	1535	1	gen	gen	PROPN
ftr-441	1535	2	.	.	PROPN
ftr-441	1535	3	couns	couns	PROPN
ftr-441	1535	4	.	.	PUNCT
ftr-441	1536	1	mer	mer	PROPN
ftr-441	1536	2	.	.	PROPN
ftr-441	1536	3	10,092	10,092	NUM
ftr-441	1536	4	,	,	PUNCT
ftr-441	1536	5	xi-1	xi-1	PUNCT
ftr-441	1536	6	c.b	c.b	PROPN
ftr-441	1536	7	.	.	PROPN
ftr-441	1536	8	114	114	NUM
ftr-441	1536	9	(	(	PUNCT
ftr-441	1536	10	1932	1932	NUM
ftr-441	1536	11	)	)	PUNCT
ftr-441	1536	12	,	,	PUNCT
ftr-441	1536	13	revoked	revoke	VERB
ftr-441	1536	14	on	on	ADP
ftr-441	1536	15	another	another	DET
ftr-441	1536	16	issue	issue	NOUN
ftr-441	1536	17	,	,	PUNCT
ftr-441	1536	18	gen	gen	PROPN
ftr-441	1536	19	.	.	PROPN
ftr-441	1536	20	couns	couns	PROPN
ftr-441	1536	21	.	.	PUNCT
ftr-441	1537	1	men	man	NOUN
ftr-441	1537	2	.	.	PUNCT
ftr-441	1538	1	26,379	26,379	NUM
ftr-441	1538	2	,	,	PUNCT
ftr-441	1538	3	1950	1950	NUM
ftr-441	1538	4	-	-	SYM
ftr-441	1538	5	1	1	NUM
ftr-441	1538	6	c.b	c.b	PROPN
ftr-441	1538	7	.	.	PROPN
ftr-441	1538	8	58	58	NUM
ftr-441	1538	9	.	.	PUNCT
ftr-441	1539	1	214	214	NUM
ftr-441	1539	2	.	.	PUNCT
ftr-441	1540	1	the	the	DET
ftr-441	1540	2	courts	court	NOUN
ftr-441	1540	3	did	do	AUX
ftr-441	1540	4	not	not	PART
ftr-441	1540	5	accept	accept	VERB
ftr-441	1540	6	this	this	DET
ftr-441	1540	7	position	position	NOUN
ftr-441	1540	8	of	of	ADP
ftr-441	1540	9	the	the	DET
ftr-441	1540	10	commissioner	commissioner	NOUN
ftr-441	1540	11	,	,	PUNCT
ftr-441	1540	12	and	and	CCONJ
ftr-441	1540	13	the	the	DET
ftr-441	1540	14	result	result	NOUN
ftr-441	1540	15	ultimately	ultimately	ADV
ftr-441	1540	16	had	have	VERB
ftr-441	1540	17	to	to	PART
ftr-441	1540	18	be	be	AUX
ftr-441	1540	19	achieved	achieve	VERB
ftr-441	1540	20	by	by	ADP
ftr-441	1540	21	statute	statute	PROPN
ftr-441	1540	22	.	.	PUNCT
ftr-441	1541	1	see	see	VERB
ftr-441	1541	2	eaton	eaton	PROPN
ftr-441	1541	3	v.	v.	PROPN
ftr-441	1541	4	commissioner	commissioner	PROPN
ftr-441	1541	5	,	,	PUNCT
ftr-441	1541	6	37	37	NUM
ftr-441	1541	7	b.t.a	b.t.a	NOUN
ftr-441	1541	8	.	.	PUNCT
ftr-441	1542	1	715	715	NUM
ftr-441	1542	2	(	(	PUNCT
ftr-441	1542	3	1938	1938	NUM
ftr-441	1542	4	)	)	PUNCT
ftr-441	1542	5	;	;	PUNCT
ftr-441	1542	6	see	see	AUX
ftr-441	1542	7	also	also	ADV
ftr-441	1542	8	helvering	helvere	VERB
ftr-441	1542	9	v.	v.	ADP
ftr-441	1542	10	walbridge	walbridge	NOUN
ftr-441	1542	11	,	,	PUNCT
ftr-441	1542	12	70	70	NUM
ftr-441	1542	13	f.2d	f.2d	ADP
ftr-441	1542	14	683	683	NUM
ftr-441	1542	15	(	(	PUNCT
ftr-441	1542	16	2d	2d	NUM
ftr-441	1542	17	cir	cir	NOUN
ftr-441	1542	18	.	.	PUNCT
ftr-441	1542	19	1934	1934	NUM
ftr-441	1542	20	)	)	PUNCT
ftr-441	1542	21	and	and	CCONJ
ftr-441	1542	22	helvering	helvere	VERB
ftr-441	1542	23	v.	v.	ADP
ftr-441	1542	24	archbald	archbald	PROPN
ftr-441	1542	25	,	,	PUNCT
ftr-441	1542	26	70	70	NUM
ftr-441	1542	27	f.2d	f.2d	SYM
ftr-441	1542	28	720	720	NUM
ftr-441	1542	29	(	(	PUNCT
ftr-441	1542	30	2d	2d	NUM
ftr-441	1542	31	cir	cir	NOUN
ftr-441	1542	32	.	.	PUNCT
ftr-441	1542	33	1934	1934	NUM
ftr-441	1542	34	)	)	PUNCT
ftr-441	1542	35	.	.	PUNCT
ftr-441	1543	1	215	215	NUM
ftr-441	1543	2	.	.	PUNCT
ftr-441	1543	3	see	see	VERB
ftr-441	1543	4	irc	irc	PROPN
ftr-441	1543	5	§	§	PROPN
ftr-441	1543	6	§	§	PROPN
ftr-441	1543	7	351(e)(1	351(e)(1	NUM
ftr-441	1543	8	)	)	PUNCT
ftr-441	1543	9	,	,	PUNCT
ftr-441	1543	10	721(b	721(b	PROPN
ftr-441	1543	11	)	)	PUNCT
ftr-441	1543	12	.	.	PUNCT
ftr-441	1544	1	[	[	X
ftr-441	1544	2	vol	vol	NOUN
ftr-441	1544	3	4:3	4:3	NUM
ftr-441	1544	4	the	the	DET
ftr-441	1544	5	future	future	ADJ
ftr-441	1544	6	taxation	taxation	NOUN
ftr-441	1544	7	of	of	ADP
ftr-441	1544	8	private	private	ADJ
ftr-441	1544	9	business	business	NOUN
ftr-441	1544	10	firms	firm	NOUN
ftr-441	1544	11	permitting	permit	VERB
ftr-441	1544	12	investors	investor	NOUN
ftr-441	1544	13	to	to	PART
ftr-441	1544	14	obtain	obtain	VERB
ftr-441	1544	15	tax	tax	NOUN
ftr-441	1544	16	-	-	PUNCT
ftr-441	1544	17	free	free	ADJ
ftr-441	1544	18	diversification	diversification	NOUN
ftr-441	1544	19	of	of	ADP
ftr-441	1544	20	their	their	PRON
ftr-441	1544	21	investment	investment	NOUN
ftr-441	1544	22	assets	asset	NOUN
ftr-441	1544	23	.	.	PUNCT
ftr-441	1545	1	216	216	NUM
ftr-441	1545	2	b.	b.	PROPN
ftr-441	1545	3	distributions	distribution	NOUN
ftr-441	1545	4	-	-	PUNCT
ftr-441	1545	5	present	present	ADJ
ftr-441	1545	6	lav.-in	lav.-in	PROPN
ftr-441	1545	7	contrast	contrast	NOUN
ftr-441	1545	8	to	to	ADP
ftr-441	1545	9	the	the	DET
ftr-441	1545	10	roughly	roughly	ADV
ftr-441	1545	11	comparable	comparable	ADJ
ftr-441	1545	12	provisions	provision	NOUN
ftr-441	1545	13	for	for	ADP
ftr-441	1545	14	contributions	contribution	NOUN
ftr-441	1545	15	,	,	PUNCT
ftr-441	1545	16	the	the	DET
ftr-441	1545	17	rules	rule	NOUN
ftr-441	1545	18	dictating	dictate	VERB
ftr-441	1545	19	the	the	DET
ftr-441	1545	20	tax	tax	NOUN
ftr-441	1545	21	consequences	consequence	NOUN
ftr-441	1545	22	of	of	ADP
ftr-441	1545	23	distributions	distribution	NOUN
ftr-441	1545	24	from	from	ADP
ftr-441	1545	25	a	a	DET
ftr-441	1545	26	partnership	partnership	NOUN
ftr-441	1545	27	or	or	CCONJ
ftr-441	1545	28	s	s	PROPN
ftr-441	1545	29	corporation	corporation	NOUN
ftr-441	1545	30	are	be	AUX
ftr-441	1545	31	much	much	ADV
ftr-441	1545	32	different	different	ADJ
ftr-441	1545	33	.	.	PUNCT
ftr-441	1546	1	a	a	DET
ftr-441	1546	2	partnership	partnership	NOUN
ftr-441	1546	3	is	be	AUX
ftr-441	1546	4	never	never	ADV
ftr-441	1546	5	taxed	tax	VERB
ftr-441	1546	6	on	on	ADP
ftr-441	1546	7	a	a	DET
ftr-441	1546	8	distribution	distribution	NOUN
ftr-441	1546	9	to	to	ADP
ftr-441	1546	10	a	a	DET
ftr-441	1546	11	partner	partner	NOUN
ftr-441	1546	12	as	as	ADP
ftr-441	1546	13	such.2	such.2	PROPN
ftr-441	1546	14	17	17	NUM
ftr-441	1546	15	in	in	ADP
ftr-441	1546	16	some	some	DET
ftr-441	1546	17	cases	case	NOUN
ftr-441	1546	18	,	,	PUNCT
ftr-441	1546	19	as	as	SCONJ
ftr-441	1546	20	discussed	discuss	VERB
ftr-441	1546	21	subsequently	subsequently	ADV
ftr-441	1546	22	,	,	PUNCT
ftr-441	1546	23	complicated	complicated	ADJ
ftr-441	1546	24	rules	rule	NOUN
ftr-441	1546	25	may	may	AUX
ftr-441	1546	26	cause	cause	VERB
ftr-441	1546	27	the	the	DET
ftr-441	1546	28	partnership	partnership	NOUN
ftr-441	1546	29	distribution	distribution	NOUN
ftr-441	1546	30	to	to	PART
ftr-441	1546	31	be	be	AUX
ftr-441	1546	32	recharacterized	recharacterize	VERB
ftr-441	1546	33	as	as	ADP
ftr-441	1546	34	something	something	PRON
ftr-441	1546	35	else	else	ADV
ftr-441	1546	36	,	,	PUNCT
ftr-441	1546	37	but	but	CCONJ
ftr-441	1546	38	there	there	PRON
ftr-441	1546	39	is	be	VERB
ftr-441	1546	40	no	no	DET
ftr-441	1546	41	tax	tax	NOUN
ftr-441	1546	42	absent	absent	ADJ
ftr-441	1546	43	such	such	ADJ
ftr-441	1546	44	recharacterization	recharacterization	NOUN
ftr-441	1546	45	.	.	PUNCT
ftr-441	1547	1	in	in	ADP
ftr-441	1547	2	contrast	contrast	NOUN
ftr-441	1547	3	,	,	PUNCT
ftr-441	1547	4	distributions	distribution	NOUN
ftr-441	1547	5	from	from	ADP
ftr-441	1547	6	an	an	DET
ftr-441	1547	7	s	s	NOUN
ftr-441	1547	8	corporation	corporation	NOUN
ftr-441	1547	9	are	be	AUX
ftr-441	1547	10	governed	govern	VERB
ftr-441	1547	11	by	by	ADP
ftr-441	1547	12	the	the	DET
ftr-441	1547	13	anti	anti	ADJ
ftr-441	1547	14	-	-	ADJ
ftr-441	1547	15	general	general	ADJ
ftr-441	1547	16	utilities	utility	NOUN
ftr-441	1547	17	rules	rule	NOUN
ftr-441	1547	18	of	of	ADP
ftr-441	1547	19	sections	section	NOUN
ftr-441	1547	20	311	311	NUM
ftr-441	1547	21	and	and	CCONJ
ftr-441	1547	22	336	336	NUM
ftr-441	1547	23	,	,	PUNCT
ftr-441	1547	24	which	which	PRON
ftr-441	1547	25	cause	cause	VERB
ftr-441	1547	26	gain	gain	VERB
ftr-441	1547	27	inherent	inherent	ADJ
ftr-441	1547	28	in	in	ADP
ftr-441	1547	29	the	the	DET
ftr-441	1547	30	distributed	distribute	VERB
ftr-441	1547	31	property	property	NOUN
ftr-441	1547	32	,	,	PUNCT
ftr-441	1547	33	and	and	CCONJ
ftr-441	1547	34	loss	loss	NOUN
ftr-441	1547	35	inherent	inherent	ADJ
ftr-441	1547	36	in	in	ADP
ftr-441	1547	37	property	property	NOUN
ftr-441	1547	38	distributed	distribute	VERB
ftr-441	1547	39	in	in	ADP
ftr-441	1547	40	liquidation	liquidation	NOUN
ftr-441	1547	41	,	,	PUNCT
ftr-441	1547	42	to	to	PART
ftr-441	1547	43	be	be	AUX
ftr-441	1547	44	recognized	recognize	VERB
ftr-441	1547	45	by	by	ADP
ftr-441	1547	46	the	the	DET
ftr-441	1547	47	corporation	corporation	NOUN
ftr-441	1547	48	(	(	PUNCT
ftr-441	1547	49	and	and	CCONJ
ftr-441	1547	50	passed	pass	VERB
ftr-441	1547	51	through	through	ADP
ftr-441	1547	52	to	to	ADP
ftr-441	1547	53	the	the	DET
ftr-441	1547	54	shareholders	shareholder	NOUN
ftr-441	1547	55	)	)	PUNCT
ftr-441	1547	56	as	as	SCONJ
ftr-441	1547	57	if	if	SCONJ
ftr-441	1547	58	the	the	DET
ftr-441	1547	59	property	property	NOUN
ftr-441	1547	60	had	have	AUX
ftr-441	1547	61	been	be	AUX
ftr-441	1547	62	sold	sell	VERB
ftr-441	1547	63	.	.	PUNCT
ftr-441	1548	1	the	the	DET
ftr-441	1548	2	taxation	taxation	NOUN
ftr-441	1548	3	of	of	ADP
ftr-441	1548	4	the	the	DET
ftr-441	1548	5	distributee	distributee	NOUN
ftr-441	1548	6	is	be	AUX
ftr-441	1548	7	also	also	ADV
ftr-441	1548	8	much	much	ADV
ftr-441	1548	9	different	different	ADJ
ftr-441	1548	10	.	.	PUNCT
ftr-441	1549	1	the	the	DET
ftr-441	1549	2	partnership	partnership	NOUN
ftr-441	1549	3	rules	rule	VERB
ftr-441	1549	4	minimize	minimize	VERB
ftr-441	1549	5	the	the	DET
ftr-441	1549	6	amount	amount	NOUN
ftr-441	1549	7	of	of	ADP
ftr-441	1549	8	gain	gain	NOUN
ftr-441	1549	9	or	or	CCONJ
ftr-441	1549	10	loss	loss	NOUN
ftr-441	1549	11	that	that	PRON
ftr-441	1549	12	must	must	AUX
ftr-441	1549	13	be	be	AUX
ftr-441	1549	14	recognized	recognize	VERB
ftr-441	1549	15	in	in	ADP
ftr-441	1549	16	a	a	DET
ftr-441	1549	17	distribution	distribution	NOUN
ftr-441	1549	18	.	.	PUNCT
ftr-441	1550	1	in	in	ADP
ftr-441	1550	2	doing	do	VERB
ftr-441	1550	3	so	so	ADV
ftr-441	1550	4	,	,	PUNCT
ftr-441	1550	5	they	they	PRON
ftr-441	1550	6	rely	rely	VERB
ftr-441	1550	7	on	on	ADP
ftr-441	1550	8	a	a	DET
ftr-441	1550	9	partner	partner	NOUN
ftr-441	1550	10	's	's	PART
ftr-441	1550	11	outside	outside	ADJ
ftr-441	1550	12	basis	basis	NOUN
ftr-441	1550	13	as	as	ADP
ftr-441	1550	14	the	the	DET
ftr-441	1550	15	final	final	ADJ
ftr-441	1550	16	determinant	determinant	NOUN
ftr-441	1550	17	of	of	ADP
ftr-441	1550	18	how	how	SCONJ
ftr-441	1550	19	much	much	ADJ
ftr-441	1550	20	basis	basis	NOUN
ftr-441	1550	21	will	will	AUX
ftr-441	1550	22	be	be	AUX
ftr-441	1550	23	available	available	ADJ
ftr-441	1550	24	to	to	ADP
ftr-441	1550	25	the	the	DET
ftr-441	1550	26	partner	partner	NOUN
ftr-441	1550	27	following	follow	VERB
ftr-441	1550	28	the	the	DET
ftr-441	1550	29	distribution	distribution	NOUN
ftr-441	1550	30	and	and	CCONJ
ftr-441	1550	31	how	how	SCONJ
ftr-441	1550	32	much	much	ADJ
ftr-441	1550	33	gain	gain	NOUN
ftr-441	1550	34	or	or	CCONJ
ftr-441	1550	35	loss	loss	NOUN
ftr-441	1550	36	must	must	AUX
ftr-441	1550	37	be	be	AUX
ftr-441	1550	38	recognized	recognize	VERB
ftr-441	1550	39	in	in	ADP
ftr-441	1550	40	the	the	DET
ftr-441	1550	41	transaction	transaction	NOUN
ftr-441	1550	42	.	.	PUNCT
ftr-441	1551	1	indeed	indeed	ADV
ftr-441	1551	2	,	,	PUNCT
ftr-441	1551	3	it	it	PRON
ftr-441	1551	4	is	be	AUX
ftr-441	1551	5	generally	generally	ADV
ftr-441	1551	6	only	only	ADV
ftr-441	1551	7	where	where	SCONJ
ftr-441	1551	8	money	money	NOUN
ftr-441	1551	9	distributed	distribute	VERB
ftr-441	1551	10	exceeds	exceed	NOUN
ftr-441	1551	11	outside	outside	ADP
ftr-441	1551	12	basis	basis	NOUN
ftr-441	1551	13	that	that	SCONJ
ftr-441	1551	14	gain	gain	NOUN
ftr-441	1551	15	must	must	AUX
ftr-441	1551	16	be	be	AUX
ftr-441	1551	17	recognized	recognize	VERB
ftr-441	1551	18	,	,	PUNCT
ftr-441	1551	19	because	because	SCONJ
ftr-441	1551	20	the	the	DET
ftr-441	1551	21	basis	basis	NOUN
ftr-441	1551	22	of	of	ADP
ftr-441	1551	23	money	money	NOUN
ftr-441	1551	24	can	can	AUX
ftr-441	1551	25	not	not	PART
ftr-441	1551	26	be	be	AUX
ftr-441	1551	27	reduced	reduce	VERB
ftr-441	1551	28	below	below	ADP
ftr-441	1551	29	its	its	PRON
ftr-441	1551	30	face	face	NOUN
ftr-441	1551	31	value.18	value.18	NOUN
ftr-441	1551	32	and	and	CCONJ
ftr-441	1551	33	it	it	PRON
ftr-441	1551	34	is	be	AUX
ftr-441	1551	35	generally	generally	ADV
ftr-441	1551	36	only	only	ADV
ftr-441	1551	37	where	where	SCONJ
ftr-441	1551	38	a	a	DET
ftr-441	1551	39	partner	partner	NOUN
ftr-441	1551	40	's	's	PART
ftr-441	1551	41	outside	outside	ADJ
ftr-441	1551	42	basis	basis	NOUN
ftr-441	1551	43	would	would	AUX
ftr-441	1551	44	otherwise	otherwise	ADV
ftr-441	1551	45	be	be	AUX
ftr-441	1551	46	lost	lose	VERB
ftr-441	1551	47	forever	forever	ADV
ftr-441	1551	48	,	,	PUNCT
ftr-441	1551	49	as	as	ADP
ftr-441	1551	50	in	in	ADP
ftr-441	1551	51	the	the	DET
ftr-441	1551	52	case	case	NOUN
ftr-441	1551	53	of	of	ADP
ftr-441	1551	54	a	a	DET
ftr-441	1551	55	liquidating	liquidate	VERB
ftr-441	1551	56	distribution	distribution	NOUN
ftr-441	1551	57	of	of	ADP
ftr-441	1551	58	money	money	NOUN
ftr-441	1551	59	less	less	ADJ
ftr-441	1551	60	than	than	ADP
ftr-441	1551	61	the	the	DET
ftr-441	1551	62	distributee	distributee	NOUN
ftr-441	1551	63	's	's	PART
ftr-441	1551	64	outside	outside	ADJ
ftr-441	1551	65	basis	basis	NOUN
ftr-441	1551	66	,	,	PUNCT
ftr-441	1551	67	that	that	DET
ftr-441	1551	68	loss	loss	NOUN
ftr-441	1551	69	may	may	AUX
ftr-441	1551	70	be	be	AUX
ftr-441	1551	71	recognized	recognize	VERB
ftr-441	1551	72	.	.	PUNCT
ftr-441	1552	1	219	219	NUM
ftr-441	1553	1	the	the	DET
ftr-441	1553	2	nonrecognition	nonrecognition	NOUN
ftr-441	1553	3	objective	objective	NOUN
ftr-441	1553	4	and	and	CCONJ
ftr-441	1553	5	the	the	DET
ftr-441	1553	6	policy	policy	NOUN
ftr-441	1553	7	decision	decision	NOUN
ftr-441	1553	8	to	to	PART
ftr-441	1553	9	rely	rely	VERB
ftr-441	1553	10	upon	upon	SCONJ
ftr-441	1553	11	outside	outside	ADJ
ftr-441	1553	12	basis	basis	NOUN
ftr-441	1553	13	result	result	NOUN
ftr-441	1553	14	in	in	ADP
ftr-441	1553	15	certain	certain	ADJ
ftr-441	1553	16	complications	complication	NOUN
ftr-441	1553	17	where	where	SCONJ
ftr-441	1553	18	outside	outside	ADJ
ftr-441	1553	19	basis	basis	NOUN
ftr-441	1553	20	and	and	CCONJ
ftr-441	1553	21	the	the	DET
ftr-441	1553	22	aggregate	aggregate	ADJ
ftr-441	1553	23	inside	inside	ADJ
ftr-441	1553	24	bases	basis	NOUN
ftr-441	1553	25	of	of	ADP
ftr-441	1553	26	the	the	DET
ftr-441	1553	27	properties	property	NOUN
ftr-441	1553	28	distributed	distribute	VERB
ftr-441	1553	29	are	be	AUX
ftr-441	1553	30	different	different	ADJ
ftr-441	1553	31	from	from	ADP
ftr-441	1553	32	one	one	NUM
ftr-441	1553	33	another.y	another.y	PUNCT
ftr-441	1554	1	the	the	DET
ftr-441	1554	2	s	s	PROPN
ftr-441	1554	3	corporation	corporation	NOUN
ftr-441	1554	4	rules	rule	NOUN
ftr-441	1554	5	are	be	AUX
ftr-441	1554	6	different	different	ADJ
ftr-441	1554	7	in	in	ADP
ftr-441	1554	8	an	an	DET
ftr-441	1554	9	ordinary	ordinary	ADJ
ftr-441	1554	10	distribution	distribution	NOUN
ftr-441	1554	11	,	,	PUNCT
ftr-441	1554	12	a	a	DET
ftr-441	1554	13	distributee	distributee	NOUN
ftr-441	1554	14	must	must	AUX
ftr-441	1554	15	recognize	recognize	VERB
ftr-441	1554	16	gain	gain	NOUN
ftr-441	1554	17	to	to	ADP
ftr-441	1554	18	the	the	DET
ftr-441	1554	19	extent	extent	NOUN
ftr-441	1554	20	the	the	DET
ftr-441	1554	21	money	money	NOUN
ftr-441	1554	22	and	and	CCONJ
ftr-441	1554	23	value	value	NOUN
ftr-441	1554	24	of	of	ADP
ftr-441	1554	25	property	property	NOUN
ftr-441	1554	26	distributed	distribute	VERB
ftr-441	1554	27	exceed	exceed	VERB
ftr-441	1554	28	the	the	DET
ftr-441	1554	29	distributee	distributee	NOUN
ftr-441	1554	30	's	's	PART
ftr-441	1554	31	stock	stock	NOUN
ftr-441	1554	32	basis	basis	NOUN
ftr-441	1554	33	.	.	PUNCT
ftr-441	1555	1	"	"	PUNCT
ftr-441	1555	2	'	'	PUNCT
ftr-441	1555	3	a	a	DET
ftr-441	1555	4	similar	similar	ADJ
ftr-441	1555	5	rule	rule	NOUN
ftr-441	1555	6	applies	apply	VERB
ftr-441	1555	7	in	in	ADP
ftr-441	1555	8	216	216	NUM
ftr-441	1555	9	.	.	PUNCT
ftr-441	1556	1	see	see	VERB
ftr-441	1556	2	staff	staff	NOUN
ftr-441	1556	3	of	of	ADP
ftr-441	1556	4	the	the	DET
ftr-441	1556	5	joint	joint	ADJ
ftr-441	1556	6	comm	comm	NOUN
ftr-441	1556	7	.	.	PUNCT
ftr-441	1557	1	on	on	ADP
ftr-441	1557	2	tax'n	tax'n	NOUN
ftr-441	1557	3	,	,	PUNCT
ftr-441	1557	4	105th	105th	ADJ
ftr-441	1557	5	cong	cong	NOUN
ftr-441	1557	6	.	.	PROPN
ftr-441	1557	7	,	,	PUNCT
ftr-441	1557	8	ist	ist	NOUN
ftr-441	1557	9	sess	sess	NOUN
ftr-441	1557	10	.	.	PUNCT
ftr-441	1558	1	,	,	PUNCT
ftr-441	1558	2	general	general	ADJ
ftr-441	1558	3	explanation	explanation	NOUN
ftr-441	1558	4	of	of	ADP
ftr-441	1558	5	tax	tax	NOUN
ftr-441	1558	6	legislation	legislation	NOUN
ftr-441	1558	7	enacted	enact	VERB
ftr-441	1558	8	in	in	ADP
ftr-441	1558	9	1997	1997	NUM
ftr-441	1558	10	,	,	PUNCT
ftr-441	1558	11	183	183	NUM
ftr-441	1558	12	(	(	PUNCT
ftr-441	1558	13	comm	comm	NOUN
ftr-441	1558	14	.	.	PUNCT
ftr-441	1559	1	print	print	NOUN
ftr-441	1559	2	1997	1997	NUM
ftr-441	1559	3	)	)	PUNCT
ftr-441	1559	4	.	.	PUNCT
ftr-441	1560	1	217	217	NUM
ftr-441	1560	2	.	.	PUNCT
ftr-441	1561	1	see	see	VERB
ftr-441	1561	2	irc	irc	PROPN
ftr-441	1561	3	§	§	PROPN
ftr-441	1561	4	731(b	731(b	PROPN
ftr-441	1561	5	)	)	PUNCT
ftr-441	1561	6	.	.	PUNCT
ftr-441	1562	1	this	this	DET
ftr-441	1562	2	discussion	discussion	NOUN
ftr-441	1562	3	assumes	assume	VERB
ftr-441	1562	4	that	that	SCONJ
ftr-441	1562	5	a	a	DET
ftr-441	1562	6	liquidating	liquidating	NOUN
ftr-441	1562	7	distribution	distribution	NOUN
ftr-441	1562	8	is	be	AUX
ftr-441	1562	9	taxed	tax	VERB
ftr-441	1562	10	as	as	ADP
ftr-441	1562	11	a	a	DET
ftr-441	1562	12	distribution	distribution	NOUN
ftr-441	1562	13	under	under	ADP
ftr-441	1562	14	§	§	PROPN
ftr-441	1562	15	736(b)(1	736(b)(1	NOUN
ftr-441	1562	16	)	)	PUNCT
ftr-441	1562	17	rather	rather	ADV
ftr-441	1562	18	than	than	ADP
ftr-441	1562	19	as	as	ADP
ftr-441	1562	20	a	a	DET
ftr-441	1562	21	distributive	distributive	ADJ
ftr-441	1562	22	share	share	NOUN
ftr-441	1562	23	or	or	CCONJ
ftr-441	1562	24	guaranteed	guarantee	VERB
ftr-441	1562	25	payment	payment	NOUN
ftr-441	1562	26	under	under	ADP
ftr-441	1562	27	§	§	PROPN
ftr-441	1562	28	736(a	736(a	PROPN
ftr-441	1562	29	)	)	PUNCT
ftr-441	1562	30	.	.	PUNCT
ftr-441	1563	1	218	218	NUM
ftr-441	1563	2	.	.	PUNCT
ftr-441	1564	1	see	see	VERB
ftr-441	1564	2	irc	irc	PROPN
ftr-441	1564	3	§	§	PROPN
ftr-441	1564	4	731(a)(1	731(a)(1	NUM
ftr-441	1564	5	)	)	PUNCT
ftr-441	1564	6	.	.	PUNCT
ftr-441	1565	1	section	section	NOUN
ftr-441	1565	2	731(c	731(c	PROPN
ftr-441	1565	3	)	)	PUNCT
ftr-441	1565	4	is	be	AUX
ftr-441	1565	5	an	an	DET
ftr-441	1565	6	exception	exception	NOUN
ftr-441	1565	7	to	to	ADP
ftr-441	1565	8	this	this	DET
ftr-441	1565	9	rule	rule	NOUN
ftr-441	1565	10	discussed	discuss	VERB
ftr-441	1565	11	later	later	ADV
ftr-441	1565	12	.	.	PUNCT
ftr-441	1566	1	219	219	X
ftr-441	1566	2	.	.	PUNCT
ftr-441	1567	1	see	see	VERB
ftr-441	1567	2	irc	irc	PROPN
ftr-441	1567	3	§	§	PROPN
ftr-441	1567	4	731(a)(2)(a	731(a)(2)(a	PROPN
ftr-441	1567	5	)	)	PUNCT
ftr-441	1567	6	.	.	PUNCT
ftr-441	1568	1	loss	loss	NOUN
ftr-441	1568	2	is	be	AUX
ftr-441	1568	3	also	also	ADV
ftr-441	1568	4	recognized	recognize	VERB
ftr-441	1568	5	to	to	PART
ftr-441	1568	6	prevent	prevent	VERB
ftr-441	1568	7	the	the	DET
ftr-441	1568	8	distributee	distributee	NOUN
ftr-441	1568	9	's	's	PART
ftr-441	1568	10	excess	excess	ADJ
ftr-441	1568	11	outside	outside	ADJ
ftr-441	1568	12	basis	basis	NOUN
ftr-441	1568	13	from	from	ADP
ftr-441	1568	14	being	be	AUX
ftr-441	1568	15	allocated	allocate	VERB
ftr-441	1568	16	to	to	ADP
ftr-441	1568	17	ordinary	ordinary	ADJ
ftr-441	1568	18	income	income	NOUN
ftr-441	1568	19	items	item	NOUN
ftr-441	1568	20	distributed	distribute	VERB
ftr-441	1568	21	.	.	PUNCT
ftr-441	1569	1	see	see	VERB
ftr-441	1569	2	irc	irc	PROPN
ftr-441	1569	3	§	§	PROPN
ftr-441	1569	4	731(a)(2)(b	731(a)(2)(b	PROPN
ftr-441	1569	5	)	)	PUNCT
ftr-441	1569	6	.	.	PUNCT
ftr-441	1570	1	220	220	X
ftr-441	1570	2	.	.	PUNCT
ftr-441	1570	3	see	see	VERB
ftr-441	1570	4	irc	irc	PROPN
ftr-441	1570	5	§	§	PROPN
ftr-441	1570	6	732	732	NUM
ftr-441	1570	7	.	.	PUNCT
ftr-441	1570	8	221	221	NUM
ftr-441	1570	9	.	.	PUNCT
ftr-441	1571	1	see	see	VERB
ftr-441	1571	2	irc	irc	PROPN
ftr-441	1571	3	§	§	PROPN
ftr-441	1571	4	1368(b	1368(b	NUM
ftr-441	1571	5	)	)	PUNCT
ftr-441	1571	6	.	.	PUNCT
ftr-441	1572	1	1999	1999	NUM
ftr-441	1572	2	]	]	PUNCT
ftr-441	1572	3	florida	florida	PROPN
ftr-441	1572	4	tax	tax	PROPN
ftr-441	1572	5	review	review	NOUN
ftr-441	1572	6	a	a	DET
ftr-441	1572	7	liquidating	liquidating	NOUN
ftr-441	1572	8	distribution	distribution	NOUN
ftr-441	1572	9	except	except	SCONJ
ftr-441	1572	10	that	that	SCONJ
ftr-441	1572	11	the	the	DET
ftr-441	1572	12	shareholder	shareholder	NOUN
ftr-441	1572	13	may	may	AUX
ftr-441	1572	14	recognize	recognize	VERB
ftr-441	1572	15	loss	loss	NOUN
ftr-441	1572	16	as	as	ADP
ftr-441	1572	17	well.m	well.m	ADV
ftr-441	1572	18	finally	finally	ADV
ftr-441	1572	19	,	,	PUNCT
ftr-441	1572	20	gain	gain	NOUN
ftr-441	1572	21	or	or	CCONJ
ftr-441	1572	22	loss	loss	NOUN
ftr-441	1572	23	is	be	AUX
ftr-441	1572	24	recognized	recognize	VERB
ftr-441	1572	25	in	in	ADP
ftr-441	1572	26	a	a	DET
ftr-441	1572	27	partial	partial	ADJ
ftr-441	1572	28	liquidation	liquidation	NOUN
ftr-441	1572	29	of	of	ADP
ftr-441	1572	30	a	a	DET
ftr-441	1572	31	shareholder	shareholder	NOUN
ftr-441	1572	32	's	's	PART
ftr-441	1572	33	interest	interest	NOUN
ftr-441	1572	34	except	except	SCONJ
ftr-441	1572	35	that	that	SCONJ
ftr-441	1572	36	the	the	DET
ftr-441	1572	37	shareholder	shareholder	NOUN
ftr-441	1572	38	's	's	PART
ftr-441	1572	39	outside	outside	ADJ
ftr-441	1572	40	basis	basis	NOUN
ftr-441	1572	41	must	must	AUX
ftr-441	1572	42	be	be	AUX
ftr-441	1572	43	allocated	allocate	VERB
ftr-441	1572	44	to	to	ADP
ftr-441	1572	45	the	the	DET
ftr-441	1572	46	shares	share	NOUN
ftr-441	1572	47	redeemed	redeem	VERB
ftr-441	1572	48	.	.	PUNCT
ftr-441	1572	49	'	'	PUNCT
ftr-441	1573	1	thus	thus	ADV
ftr-441	1573	2	,	,	PUNCT
ftr-441	1573	3	in	in	ADP
ftr-441	1573	4	combination	combination	NOUN
ftr-441	1573	5	with	with	ADP
ftr-441	1573	6	the	the	DET
ftr-441	1573	7	tax	tax	NOUN
ftr-441	1573	8	treatment	treatment	NOUN
ftr-441	1573	9	of	of	ADP
ftr-441	1573	10	the	the	DET
ftr-441	1573	11	corporation	corporation	NOUN
ftr-441	1573	12	,	,	PUNCT
ftr-441	1573	13	all	all	DET
ftr-441	1573	14	gains	gain	NOUN
ftr-441	1573	15	and	and	CCONJ
ftr-441	1573	16	most	most	ADJ
ftr-441	1573	17	losses	loss	NOUN
ftr-441	1573	18	are	be	AUX
ftr-441	1573	19	recognized	recognize	VERB
ftr-441	1573	20	in	in	ADP
ftr-441	1573	21	a	a	DET
ftr-441	1573	22	distribution	distribution	NOUN
ftr-441	1573	23	by	by	ADP
ftr-441	1573	24	an	an	DET
ftr-441	1573	25	s	s	NOUN
ftr-441	1573	26	corporation	corporation	NOUN
ftr-441	1573	27	.	.	PUNCT
ftr-441	1574	1	the	the	DET
ftr-441	1574	2	shareholders	shareholder	NOUN
ftr-441	1574	3	therefore	therefore	ADV
ftr-441	1574	4	receive	receive	VERB
ftr-441	1574	5	a	a	DET
ftr-441	1574	6	freshstart	freshstart	NOUN
ftr-441	1574	7	fair	fair	ADJ
ftr-441	1574	8	market	market	NOUN
ftr-441	1574	9	value	value	NOUN
ftr-441	1574	10	basis	basis	NOUN
ftr-441	1574	11	in	in	ADP
ftr-441	1574	12	any	any	DET
ftr-441	1574	13	property	property	NOUN
ftr-441	1574	14	distributed.224	distributed.224	NOUN
ftr-441	1574	15	c.	c.	PROPN
ftr-441	1574	16	additional	additional	ADJ
ftr-441	1574	17	partnership	partnership	NOUN
ftr-441	1574	18	rules	rule	VERB
ftr-441	1574	19	to	to	PART
ftr-441	1574	20	prevent	prevent	VERB
ftr-441	1574	21	income	income	NOUN
ftr-441	1574	22	shifting	shifting	NOUN
ftr-441	1574	23	,	,	PUNCT
ftr-441	1574	24	income	income	NOUN
ftr-441	1574	25	character	character	NOUN
ftr-441	1574	26	changes	change	NOUN
ftr-441	1574	27	,	,	PUNCT
ftr-441	1574	28	and	and	CCONJ
ftr-441	1574	29	timing	time	VERB
ftr-441	1574	30	distortions.-as	distortions.-as	PRON
ftr-441	1574	31	just	just	ADV
ftr-441	1574	32	described	describe	VERB
ftr-441	1574	33	,	,	PUNCT
ftr-441	1574	34	the	the	DET
ftr-441	1574	35	partnership	partnership	NOUN
ftr-441	1574	36	tax	tax	NOUN
ftr-441	1574	37	rules	rule	NOUN
ftr-441	1574	38	are	be	AUX
ftr-441	1574	39	more	more	ADV
ftr-441	1574	40	liberal	liberal	ADJ
ftr-441	1574	41	than	than	ADP
ftr-441	1574	42	the	the	DET
ftr-441	1574	43	s	s	PART
ftr-441	1574	44	corporation	corporation	NOUN
ftr-441	1574	45	rules	rule	VERB
ftr-441	1574	46	in	in	ADP
ftr-441	1574	47	permitting	permit	VERB
ftr-441	1574	48	property	property	NOUN
ftr-441	1574	49	to	to	PART
ftr-441	1574	50	be	be	AUX
ftr-441	1574	51	transferred	transfer	VERB
ftr-441	1574	52	into	into	ADP
ftr-441	1574	53	and	and	CCONJ
ftr-441	1574	54	out	out	ADP
ftr-441	1574	55	of	of	ADP
ftr-441	1574	56	the	the	DET
ftr-441	1574	57	firm	firm	NOUN
ftr-441	1574	58	without	without	ADP
ftr-441	1574	59	the	the	DET
ftr-441	1574	60	recognition	recognition	NOUN
ftr-441	1574	61	of	of	ADP
ftr-441	1574	62	gain	gain	NOUN
ftr-441	1574	63	or	or	CCONJ
ftr-441	1574	64	loss	loss	NOUN
ftr-441	1574	65	.	.	PUNCT
ftr-441	1575	1	the	the	DET
ftr-441	1575	2	generally	generally	ADV
ftr-441	1575	3	unimpeded	unimpeded	ADJ
ftr-441	1575	4	nature	nature	NOUN
ftr-441	1575	5	of	of	ADP
ftr-441	1575	6	partnership	partnership	NOUN
ftr-441	1575	7	transfers	transfer	NOUN
ftr-441	1575	8	has	have	AUX
ftr-441	1575	9	necessitated	necessitate	VERB
ftr-441	1575	10	basis	basis	NOUN
ftr-441	1575	11	preservation	preservation	NOUN
ftr-441	1575	12	and	and	CCONJ
ftr-441	1575	13	allocation	allocation	NOUN
ftr-441	1575	14	rules	rule	NOUN
ftr-441	1575	15	as	as	ADV
ftr-441	1575	16	well	well	ADV
ftr-441	1575	17	as	as	ADP
ftr-441	1575	18	a	a	DET
ftr-441	1575	19	series	series	NOUN
ftr-441	1575	20	of	of	ADP
ftr-441	1575	21	additional	additional	ADJ
ftr-441	1575	22	rules	rule	NOUN
ftr-441	1575	23	designed	design	VERB
ftr-441	1575	24	to	to	PART
ftr-441	1575	25	prevent	prevent	VERB
ftr-441	1575	26	income	income	NOUN
ftr-441	1575	27	shifting	shifting	NOUN
ftr-441	1575	28	,	,	PUNCT
ftr-441	1575	29	income	income	NOUN
ftr-441	1575	30	character	character	NOUN
ftr-441	1575	31	changes	change	NOUN
ftr-441	1575	32	,	,	PUNCT
ftr-441	1575	33	and	and	CCONJ
ftr-441	1575	34	timing	time	VERB
ftr-441	1575	35	distortions	distortion	NOUN
ftr-441	1575	36	.	.	PUNCT
ftr-441	1576	1	as	as	ADP
ftr-441	1576	2	a	a	DET
ftr-441	1576	3	conceptual	conceptual	ADJ
ftr-441	1576	4	matter	matter	NOUN
ftr-441	1576	5	,	,	PUNCT
ftr-441	1576	6	because	because	SCONJ
ftr-441	1576	7	property	property	NOUN
ftr-441	1576	8	more	more	ADV
ftr-441	1576	9	frequently	frequently	ADV
ftr-441	1576	10	changes	change	VERB
ftr-441	1576	11	ownership	ownership	NOUN
ftr-441	1576	12	in	in	ADP
ftr-441	1576	13	the	the	DET
ftr-441	1576	14	partnership	partnership	NOUN
ftr-441	1576	15	world	world	NOUN
ftr-441	1576	16	without	without	ADP
ftr-441	1576	17	the	the	DET
ftr-441	1576	18	recognition	recognition	NOUN
ftr-441	1576	19	of	of	ADP
ftr-441	1576	20	gain	gain	NOUN
ftr-441	1576	21	or	or	CCONJ
ftr-441	1576	22	loss	loss	NOUN
ftr-441	1576	23	,	,	PUNCT
ftr-441	1576	24	there	there	PRON
ftr-441	1576	25	is	be	VERB
ftr-441	1576	26	greater	great	ADJ
ftr-441	1576	27	pressure	pressure	NOUN
ftr-441	1576	28	to	to	PART
ftr-441	1576	29	develop	develop	VERB
ftr-441	1576	30	and	and	CCONJ
ftr-441	1576	31	maintain	maintain	VERB
ftr-441	1576	32	links	link	NOUN
ftr-441	1576	33	between	between	ADP
ftr-441	1576	34	the	the	DET
ftr-441	1576	35	property	property	NOUN
ftr-441	1576	36	transferred	transfer	VERB
ftr-441	1576	37	and	and	CCONJ
ftr-441	1576	38	the	the	DET
ftr-441	1576	39	original	original	ADJ
ftr-441	1576	40	owner	owner	NOUN
ftr-441	1576	41	to	to	PART
ftr-441	1576	42	make	make	VERB
ftr-441	1576	43	sure	sure	ADJ
ftr-441	1576	44	the	the	DET
ftr-441	1576	45	eventual	eventual	ADJ
ftr-441	1576	46	recognition	recognition	NOUN
ftr-441	1576	47	of	of	ADP
ftr-441	1576	48	income	income	NOUN
ftr-441	1576	49	or	or	CCONJ
ftr-441	1576	50	loss	loss	NOUN
ftr-441	1576	51	is	be	AUX
ftr-441	1576	52	of	of	ADP
ftr-441	1576	53	the	the	DET
ftr-441	1576	54	right	right	ADJ
ftr-441	1576	55	amount	amount	NOUN
ftr-441	1576	56	,	,	PUNCT
ftr-441	1576	57	to	to	ADP
ftr-441	1576	58	the	the	DET
ftr-441	1576	59	right	right	ADJ
ftr-441	1576	60	person	person	NOUN
ftr-441	1576	61	,	,	PUNCT
ftr-441	1576	62	of	of	ADP
ftr-441	1576	63	the	the	DET
ftr-441	1576	64	right	right	ADJ
ftr-441	1576	65	character	character	NOUN
ftr-441	1576	66	,	,	PUNCT
ftr-441	1576	67	and	and	CCONJ
ftr-441	1576	68	at	at	ADP
ftr-441	1576	69	the	the	DET
ftr-441	1576	70	right	right	ADJ
ftr-441	1576	71	time	time	NOUN
ftr-441	1576	72	.	.	PUNCT
ftr-441	1577	1	the	the	DET
ftr-441	1577	2	following	follow	VERB
ftr-441	1577	3	is	be	AUX
ftr-441	1577	4	just	just	ADV
ftr-441	1577	5	a	a	DET
ftr-441	1577	6	sample	sample	NOUN
ftr-441	1577	7	of	of	ADP
ftr-441	1577	8	the	the	DET
ftr-441	1577	9	provisions	provision	NOUN
ftr-441	1577	10	that	that	PRON
ftr-441	1577	11	have	have	AUX
ftr-441	1577	12	been	be	AUX
ftr-441	1577	13	developed	develop	VERB
ftr-441	1577	14	to	to	PART
ftr-441	1577	15	achieve	achieve	VERB
ftr-441	1577	16	those	those	DET
ftr-441	1577	17	ends	end	NOUN
ftr-441	1577	18	:	:	PUNCT
ftr-441	1577	19	i.	i.	PROPN
ftr-441	1577	20	section	section	PROPN
ftr-441	1577	21	704(c)(1)(a).-we	704(c)(1)(a).-we	NUM
ftr-441	1577	22	have	have	AUX
ftr-441	1577	23	already	already	ADV
ftr-441	1577	24	seen	see	VERB
ftr-441	1577	25	the	the	DET
ftr-441	1577	26	irs	irs	PROPN
ftr-441	1577	27	's	's	PART
ftr-441	1577	28	early	early	ADJ
ftr-441	1577	29	recognition	recognition	NOUN
ftr-441	1577	30	of	of	ADP
ftr-441	1577	31	the	the	DET
ftr-441	1577	32	need	need	NOUN
ftr-441	1577	33	for	for	SCONJ
ftr-441	1577	34	a	a	DET
ftr-441	1577	35	rule	rule	NOUN
ftr-441	1577	36	to	to	PART
ftr-441	1577	37	prevent	prevent	VERB
ftr-441	1577	38	the	the	DET
ftr-441	1577	39	shifting	shifting	NOUN
ftr-441	1577	40	of	of	ADP
ftr-441	1577	41	gains	gain	NOUN
ftr-441	1577	42	or	or	CCONJ
ftr-441	1577	43	losses	loss	NOUN
ftr-441	1577	44	from	from	ADP
ftr-441	1577	45	the	the	DET
ftr-441	1577	46	contributor	contributor	NOUN
ftr-441	1577	47	of	of	ADP
ftr-441	1577	48	built	build	VERB
ftr-441	1577	49	-	-	PUNCT
ftr-441	1577	50	in	in	ADP
ftr-441	1577	51	gain	gain	NOUN
ftr-441	1577	52	or	or	CCONJ
ftr-441	1577	53	loss	loss	NOUN
ftr-441	1577	54	property	property	NOUN
ftr-441	1577	55	to	to	ADP
ftr-441	1577	56	some	some	DET
ftr-441	1577	57	other	other	ADJ
ftr-441	1577	58	partner	partner	NOUN
ftr-441	1577	59	.	.	PUNCT
ftr-441	1578	1	as	as	ADP
ftr-441	1578	2	an	an	DET
ftr-441	1578	3	important	important	ADJ
ftr-441	1578	4	exception	exception	NOUN
ftr-441	1578	5	to	to	ADP
ftr-441	1578	6	the	the	DET
ftr-441	1578	7	rule	rule	NOUN
ftr-441	1578	8	that	that	SCONJ
ftr-441	1578	9	all	all	DET
ftr-441	1578	10	allocations	allocation	NOUN
ftr-441	1578	11	must	must	AUX
ftr-441	1578	12	have	have	VERB
ftr-441	1578	13	economic	economic	ADJ
ftr-441	1578	14	effect	effect	NOUN
ftr-441	1578	15	,	,	PUNCT
ftr-441	1578	16	section	section	NOUN
ftr-441	1578	17	704(c)(1)(a	704(c)(1)(a	PROPN
ftr-441	1578	18	)	)	PUNCT
ftr-441	1578	19	requires	require	VERB
ftr-441	1578	20	a	a	DET
ftr-441	1578	21	special	special	ADJ
ftr-441	1578	22	allocation	allocation	NOUN
ftr-441	1578	23	of	of	ADP
ftr-441	1578	24	such	such	ADJ
ftr-441	1578	25	gains	gain	NOUN
ftr-441	1578	26	or	or	CCONJ
ftr-441	1578	27	losses	loss	NOUN
ftr-441	1578	28	back	back	ADV
ftr-441	1578	29	to	to	ADP
ftr-441	1578	30	the	the	DET
ftr-441	1578	31	contributor	contributor	NOUN
ftr-441	1578	32	.	.	PUNCT
ftr-441	1579	1	a	a	DET
ftr-441	1579	2	common	common	ADJ
ftr-441	1579	3	problem	problem	NOUN
ftr-441	1579	4	occurs	occur	VERB
ftr-441	1579	5	under	under	ADP
ftr-441	1579	6	section	section	NOUN
ftr-441	1579	7	704(c)(1)(a	704(c)(1)(a	PROPN
ftr-441	1579	8	)	)	PUNCT
ftr-441	1579	9	where	where	SCONJ
ftr-441	1579	10	the	the	DET
ftr-441	1579	11	subsequent	subsequent	ADJ
ftr-441	1579	12	tax	tax	NOUN
ftr-441	1579	13	items	item	NOUN
ftr-441	1579	14	arising	arise	VERB
ftr-441	1579	15	from	from	ADP
ftr-441	1579	16	the	the	DET
ftr-441	1579	17	partnership	partnership	NOUN
ftr-441	1579	18	's	's	PART
ftr-441	1579	19	ownership	ownership	NOUN
ftr-441	1579	20	of	of	ADP
ftr-441	1579	21	the	the	DET
ftr-441	1579	22	contributed	contribute	VERB
ftr-441	1579	23	property	property	NOUN
ftr-441	1579	24	are	be	AUX
ftr-441	1579	25	less	less	ADJ
ftr-441	1579	26	than	than	ADP
ftr-441	1579	27	the	the	DET
ftr-441	1579	28	amount	amount	NOUN
ftr-441	1579	29	of	of	ADP
ftr-441	1579	30	built	build	VERB
ftr-441	1579	31	-	-	PUNCT
ftr-441	1579	32	in	in	ADP
ftr-441	1579	33	gain	gain	NOUN
ftr-441	1579	34	or	or	CCONJ
ftr-441	1579	35	loss	loss	NOUN
ftr-441	1579	36	at	at	ADP
ftr-441	1579	37	the	the	DET
ftr-441	1579	38	time	time	NOUN
ftr-441	1579	39	of	of	ADP
ftr-441	1579	40	the	the	DET
ftr-441	1579	41	contribution	contribution	NOUN
ftr-441	1579	42	.	.	PUNCT
ftr-441	1579	43	'	'	PUNCT
ftr-441	1580	1	for	for	ADP
ftr-441	1580	2	example	example	NOUN
ftr-441	1580	3	,	,	PUNCT
ftr-441	1580	4	land	land	NOUN
ftr-441	1580	5	contributed	contribute	VERB
ftr-441	1580	6	with	with	ADP
ftr-441	1580	7	built	build	VERB
ftr-441	1580	8	-	-	PUNCT
ftr-441	1580	9	in	in	ADP
ftr-441	1580	10	gain	gain	NOUN
ftr-441	1580	11	222	222	NUM
ftr-441	1580	12	.	.	PUNCT
ftr-441	1581	1	see	see	VERB
ftr-441	1581	2	irc	irc	PROPN
ftr-441	1581	3	§	§	PROPN
ftr-441	1581	4	§	§	PROPN
ftr-441	1581	5	331(a	331(a	NUM
ftr-441	1581	6	)	)	PUNCT
ftr-441	1581	7	,	,	PUNCT
ftr-441	1581	8	302(a	302(a	PROPN
ftr-441	1581	9	)	)	PUNCT
ftr-441	1581	10	.	.	PUNCT
ftr-441	1582	1	223	223	NUM
ftr-441	1582	2	.	.	PUNCT
ftr-441	1583	1	see	see	VERB
ftr-441	1583	2	irc	irc	PROPN
ftr-441	1583	3	§	§	PROPN
ftr-441	1583	4	302(a	302(a	PROPN
ftr-441	1583	5	)	)	PUNCT
ftr-441	1583	6	.	.	PUNCT
ftr-441	1584	1	the	the	DET
ftr-441	1584	2	term	term	NOUN
ftr-441	1584	3	"	"	PUNCT
ftr-441	1584	4	partial	partial	ADJ
ftr-441	1584	5	liquidation	liquidation	NOUN
ftr-441	1584	6	"	"	PUNCT
ftr-441	1584	7	refers	refer	VERB
ftr-441	1584	8	to	to	ADP
ftr-441	1584	9	a	a	DET
ftr-441	1584	10	transaction	transaction	NOUN
ftr-441	1584	11	in	in	ADP
ftr-441	1584	12	which	which	PRON
ftr-441	1584	13	a	a	DET
ftr-441	1584	14	distribution	distribution	NOUN
ftr-441	1584	15	redeems	redeem	VERB
ftr-441	1584	16	some	some	PRON
ftr-441	1584	17	,	,	PUNCT
ftr-441	1584	18	but	but	CCONJ
ftr-441	1584	19	not	not	PART
ftr-441	1584	20	all	all	PRON
ftr-441	1584	21	,	,	PUNCT
ftr-441	1584	22	of	of	ADP
ftr-441	1584	23	the	the	DET
ftr-441	1584	24	distributee	distributee	NOUN
ftr-441	1584	25	's	's	PART
ftr-441	1584	26	interest	interest	NOUN
ftr-441	1584	27	in	in	ADP
ftr-441	1584	28	the	the	DET
ftr-441	1584	29	firm	firm	NOUN
ftr-441	1584	30	.	.	PUNCT
ftr-441	1585	1	it	it	PRON
ftr-441	1585	2	should	should	AUX
ftr-441	1585	3	not	not	PART
ftr-441	1585	4	be	be	AUX
ftr-441	1585	5	confused	confuse	VERB
ftr-441	1585	6	with	with	ADP
ftr-441	1585	7	the	the	DET
ftr-441	1585	8	use	use	NOUN
ftr-441	1585	9	of	of	ADP
ftr-441	1585	10	the	the	DET
ftr-441	1585	11	term	term	NOUN
ftr-441	1585	12	in	in	ADP
ftr-441	1585	13	§	§	PROPN
ftr-441	1585	14	§	§	PROPN
ftr-441	1585	15	302(b)(4	302(b)(4	NOUN
ftr-441	1585	16	)	)	PUNCT
ftr-441	1585	17	and	and	CCONJ
ftr-441	1585	18	(	(	PUNCT
ftr-441	1585	19	e	e	NOUN
ftr-441	1585	20	)	)	PUNCT
ftr-441	1585	21	,	,	PUNCT
ftr-441	1585	22	dealing	deal	VERB
ftr-441	1585	23	with	with	ADP
ftr-441	1585	24	liquidating	liquidating	NOUN
ftr-441	1585	25	events	event	NOUN
ftr-441	1585	26	occurring	occur	VERB
ftr-441	1585	27	at	at	ADP
ftr-441	1585	28	the	the	DET
ftr-441	1585	29	entity	entity	NOUN
ftr-441	1585	30	level	level	NOUN
ftr-441	1585	31	.	.	PUNCT
ftr-441	1586	1	224	224	NUM
ftr-441	1586	2	.	.	PUNCT
ftr-441	1587	1	see	see	VERB
ftr-441	1587	2	irc	irc	PROPN
ftr-441	1587	3	§	§	PROPN
ftr-441	1587	4	§	§	PROPN
ftr-441	1587	5	301(d	301(d	PROPN
ftr-441	1587	6	)	)	PUNCT
ftr-441	1587	7	,	,	PUNCT
ftr-441	1587	8	334(a	334(a	PROPN
ftr-441	1587	9	)	)	PUNCT
ftr-441	1587	10	.	.	PUNCT
ftr-441	1588	1	225	225	NUM
ftr-441	1588	2	.	.	X
ftr-441	1589	1	one	one	NUM
ftr-441	1589	2	commentator	commentator	NOUN
ftr-441	1589	3	states	state	VERB
ftr-441	1589	4	that	that	SCONJ
ftr-441	1589	5	ceiling	ceiling	NOUN
ftr-441	1589	6	-	-	PUNCT
ftr-441	1589	7	limited	limit	VERB
ftr-441	1589	8	situations	situation	NOUN
ftr-441	1589	9	constitute	constitute	VERB
ftr-441	1589	10	a	a	DET
ftr-441	1589	11	"	"	PUNCT
ftr-441	1589	12	pervasive	pervasive	ADJ
ftr-441	1589	13	obstacle	obstacle	NOUN
ftr-441	1589	14	to	to	PART
ftr-441	1589	15	satisfying	satisfy	VERB
ftr-441	1589	16	the	the	DET
ftr-441	1589	17	objectives	objective	NOUN
ftr-441	1589	18	of	of	ADP
ftr-441	1589	19	§	§	PROPN
ftr-441	1589	20	704(c	704(c	PROPN
ftr-441	1589	21	)	)	PUNCT
ftr-441	1589	22	"	"	PUNCT
ftr-441	1589	23	and	and	CCONJ
ftr-441	1589	24	speculates	speculate	VERB
ftr-441	1589	25	that	that	SCONJ
ftr-441	1589	26	they	they	PRON
ftr-441	1589	27	arise	arise	VERB
ftr-441	1589	28	in	in	ADP
ftr-441	1589	29	over	over	ADP
ftr-441	1589	30	one	one	NUM
ftr-441	1589	31	-	-	PUNCT
ftr-441	1589	32	half	half	NOUN
ftr-441	1589	33	of	of	ADP
ftr-441	1589	34	all	all	DET
ftr-441	1589	35	possible	possible	ADJ
ftr-441	1589	36	cases	case	NOUN
ftr-441	1589	37	.	.	PUNCT
ftr-441	1590	1	see	see	VERB
ftr-441	1590	2	john	john	PROPN
ftr-441	1590	3	p.	p.	PROPN
ftr-441	1590	4	steines	steine	NOUN
ftr-441	1590	5	,	,	PUNCT
ftr-441	1590	6	jr	jr	PROPN
ftr-441	1590	7	.	.	PROPN
ftr-441	1590	8	,	,	PUNCT
ftr-441	1590	9	partnership	partnership	NOUN
ftr-441	1590	10	allocations	allocation	NOUN
ftr-441	1590	11	of	of	ADP
ftr-441	1590	12	built	build	VERB
ftr-441	1590	13	-	-	PUNCT
ftr-441	1590	14	in	in	ADP
ftr-441	1590	15	gain	gain	NOUN
ftr-441	1590	16	or	or	CCONJ
ftr-441	1590	17	loss	loss	NOUN
ftr-441	1590	18	,	,	PUNCT
ftr-441	1590	19	45	45	NUM
ftr-441	1590	20	tax	tax	NOUN
ftr-441	1590	21	l.	l.	PROPN
ftr-441	1590	22	rev	rev	PROPN
ftr-441	1590	23	.	.	PROPN
ftr-441	1590	24	615	615	NUM
ftr-441	1590	25	,	,	PUNCT
ftr-441	1590	26	647	647	NUM
ftr-441	1590	27	(	(	PUNCT
ftr-441	1590	28	1990	1990	NUM
ftr-441	1590	29	)	)	PUNCT
ftr-441	1590	30	.	.	PUNCT
ftr-441	1591	1	[	[	X
ftr-441	1591	2	vol	vol	NOUN
ftr-441	1591	3	4:3	4:3	NUM
ftr-441	1591	4	the	the	DET
ftr-441	1591	5	future	future	ADJ
ftr-441	1591	6	taxation	taxation	NOUN
ftr-441	1591	7	of	of	ADP
ftr-441	1591	8	private	private	ADJ
ftr-441	1591	9	business	business	NOUN
ftr-441	1591	10	firms	firm	NOUN
ftr-441	1591	11	of	of	ADP
ftr-441	1591	12	$	$	SYM
ftr-441	1591	13	7,000	7,000	NUM
ftr-441	1591	14	might	might	AUX
ftr-441	1591	15	be	be	AUX
ftr-441	1591	16	subsequently	subsequently	ADV
ftr-441	1591	17	sold	sell	VERB
ftr-441	1591	18	by	by	ADP
ftr-441	1591	19	the	the	DET
ftr-441	1591	20	partnership	partnership	NOUN
ftr-441	1591	21	for	for	ADP
ftr-441	1591	22	a	a	DET
ftr-441	1591	23	$	$	SYM
ftr-441	1591	24	6,000	6,000	NUM
ftr-441	1591	25	gain	gain	NOUN
ftr-441	1591	26	.	.	PUNCT
ftr-441	1592	1	economically	economically	ADV
ftr-441	1592	2	,	,	PUNCT
ftr-441	1592	3	this	this	DET
ftr-441	1592	4	transaction	transaction	NOUN
ftr-441	1592	5	could	could	AUX
ftr-441	1592	6	be	be	AUX
ftr-441	1592	7	broken	break	VERB
ftr-441	1592	8	into	into	ADP
ftr-441	1592	9	a	a	DET
ftr-441	1592	10	$	$	SYM
ftr-441	1592	11	7,000	7,000	NUM
ftr-441	1592	12	gain	gain	NOUN
ftr-441	1592	13	to	to	PART
ftr-441	1592	14	be	be	AUX
ftr-441	1592	15	allocated	allocate	VERB
ftr-441	1592	16	to	to	ADP
ftr-441	1592	17	the	the	DET
ftr-441	1592	18	contributor	contributor	NOUN
ftr-441	1592	19	plus	plus	CCONJ
ftr-441	1592	20	a	a	DET
ftr-441	1592	21	$	$	SYM
ftr-441	1592	22	1,000	1,000	NUM
ftr-441	1592	23	loss	loss	NOUN
ftr-441	1592	24	to	to	PART
ftr-441	1592	25	be	be	AUX
ftr-441	1592	26	shared	share	VERB
ftr-441	1592	27	by	by	ADP
ftr-441	1592	28	all	all	PRON
ftr-441	1592	29	of	of	ADP
ftr-441	1592	30	the	the	DET
ftr-441	1592	31	partners	partner	NOUN
ftr-441	1592	32	.	.	PUNCT
ftr-441	1593	1	the	the	DET
ftr-441	1593	2	so	so	ADV
ftr-441	1593	3	-	-	PUNCT
ftr-441	1593	4	called	call	VERB
ftr-441	1593	5	"	"	PUNCT
ftr-441	1593	6	ceiling	ceiling	NOUN
ftr-441	1593	7	rule	rule	NOUN
ftr-441	1593	8	,	,	PUNCT
ftr-441	1593	9	"	"	PUNCT
ftr-441	1593	10	however	however	ADV
ftr-441	1593	11	,	,	PUNCT
ftr-441	1593	12	generally	generally	ADV
ftr-441	1593	13	does	do	AUX
ftr-441	1593	14	not	not	PART
ftr-441	1593	15	permit	permit	VERB
ftr-441	1593	16	that	that	SCONJ
ftr-441	1593	17	outcome.226	outcome.226	NOUN
ftr-441	1593	18	apparently	apparently	ADV
ftr-441	1593	19	,	,	PUNCT
ftr-441	1593	20	the	the	DET
ftr-441	1593	21	concern	concern	NOUN
ftr-441	1593	22	of	of	ADP
ftr-441	1593	23	the	the	DET
ftr-441	1593	24	treasury	treasury	NOUN
ftr-441	1593	25	has	have	AUX
ftr-441	1593	26	been	be	AUX
ftr-441	1593	27	the	the	DET
ftr-441	1593	28	extension	extension	NOUN
ftr-441	1593	29	of	of	ADP
ftr-441	1593	30	partnership	partnership	NOUN
ftr-441	1593	31	"	"	PUNCT
ftr-441	1593	32	flexibility	flexibility	NOUN
ftr-441	1593	33	"	"	PUNCT
ftr-441	1593	34	into	into	ADP
ftr-441	1593	35	a	a	DET
ftr-441	1593	36	world	world	NOUN
ftr-441	1593	37	of	of	ADP
ftr-441	1593	38	make	make	VERB
ftr-441	1593	39	-	-	PUNCT
ftr-441	1593	40	believe	believe	VERB
ftr-441	1593	41	,	,	PUNCT
ftr-441	1593	42	i.e.	i.e.	X
ftr-441	1593	43	,	,	PUNCT
ftr-441	1593	44	a	a	DET
ftr-441	1593	45	world	world	NOUN
ftr-441	1593	46	in	in	ADP
ftr-441	1593	47	which	which	PRON
ftr-441	1593	48	a	a	DET
ftr-441	1593	49	$	$	SYM
ftr-441	1593	50	7,000	7,000	NUM
ftr-441	1593	51	gain	gain	NOUN
ftr-441	1593	52	and	and	CCONJ
ftr-441	1593	53	a	a	DET
ftr-441	1593	54	$	$	SYM
ftr-441	1593	55	1,000	1,000	NUM
ftr-441	1593	56	loss	loss	NOUN
ftr-441	1593	57	are	be	AUX
ftr-441	1593	58	being	be	AUX
ftr-441	1593	59	allocated	allocate	VERB
ftr-441	1593	60	to	to	ADP
ftr-441	1593	61	the	the	DET
ftr-441	1593	62	partners	partner	NOUN
ftr-441	1593	63	when	when	SCONJ
ftr-441	1593	64	,	,	PUNCT
ftr-441	1593	65	in	in	ADP
ftr-441	1593	66	fact	fact	NOUN
ftr-441	1593	67	,	,	PUNCT
ftr-441	1593	68	neither	neither	DET
ftr-441	1593	69	tax	tax	NOUN
ftr-441	1593	70	result	result	NOUN
ftr-441	1593	71	actually	actually	ADV
ftr-441	1593	72	occurred	occur	VERB
ftr-441	1593	73	.	.	PUNCT
ftr-441	1594	1	this	this	DET
ftr-441	1594	2	concern	concern	NOUN
ftr-441	1594	3	is	be	AUX
ftr-441	1594	4	warranted	warrant	VERB
ftr-441	1594	5	because	because	SCONJ
ftr-441	1594	6	the	the	DET
ftr-441	1594	7	propriety	propriety	NOUN
ftr-441	1594	8	of	of	ADP
ftr-441	1594	9	both	both	CCONJ
ftr-441	1594	10	the	the	DET
ftr-441	1594	11	"	"	PUNCT
ftr-441	1594	12	$	$	SYM
ftr-441	1594	13	7,000	7,000	NUM
ftr-441	1594	14	gain	gain	NOUN
ftr-441	1594	15	"	"	PUNCT
ftr-441	1594	16	and	and	CCONJ
ftr-441	1594	17	the	the	DET
ftr-441	1594	18	"	"	PUNCT
ftr-441	1594	19	$	$	SYM
ftr-441	1594	20	1,000	1,000	NUM
ftr-441	1594	21	loss	loss	NOUN
ftr-441	1594	22	"	"	PUNCT
ftr-441	1594	23	depends	depend	VERB
ftr-441	1594	24	upon	upon	SCONJ
ftr-441	1594	25	the	the	DET
ftr-441	1594	26	accurate	accurate	ADJ
ftr-441	1594	27	valuation	valuation	NOUN
ftr-441	1594	28	of	of	ADP
ftr-441	1594	29	the	the	DET
ftr-441	1594	30	property	property	NOUN
ftr-441	1594	31	initially	initially	ADV
ftr-441	1594	32	,	,	PUNCT
ftr-441	1594	33	a	a	DET
ftr-441	1594	34	questionable	questionable	ADJ
ftr-441	1594	35	assumption	assumption	NOUN
ftr-441	1594	36	in	in	ADP
ftr-441	1594	37	certain	certain	ADJ
ftr-441	1594	38	cases	case	NOUN
ftr-441	1594	39	.	.	PUNCT
ftr-441	1595	1	thus	thus	ADV
ftr-441	1595	2	,	,	PUNCT
ftr-441	1595	3	the	the	DET
ftr-441	1595	4	ceiling	ceiling	NOUN
ftr-441	1595	5	rule	rule	NOUN
ftr-441	1595	6	permits	permit	VERB
ftr-441	1595	7	a	a	DET
ftr-441	1595	8	special	special	ADJ
ftr-441	1595	9	allocation	allocation	NOUN
ftr-441	1595	10	of	of	ADP
ftr-441	1595	11	at	at	ADP
ftr-441	1595	12	most	most	ADV
ftr-441	1595	13	$	$	SYM
ftr-441	1595	14	6,000	6,000	NUM
ftr-441	1595	15	in	in	ADP
ftr-441	1595	16	this	this	DET
ftr-441	1595	17	example	example	NOUN
ftr-441	1595	18	,	,	PUNCT
ftr-441	1595	19	the	the	DET
ftr-441	1595	20	amount	amount	NOUN
ftr-441	1595	21	of	of	ADP
ftr-441	1595	22	tax	tax	NOUN
ftr-441	1595	23	gain	gain	NOUN
ftr-441	1595	24	actually	actually	ADV
ftr-441	1595	25	recognized	recognize	VERB
ftr-441	1595	26	by	by	ADP
ftr-441	1595	27	the	the	DET
ftr-441	1595	28	partnership	partnership	NOUN
ftr-441	1595	29	from	from	ADP
ftr-441	1595	30	the	the	DET
ftr-441	1595	31	sale	sale	NOUN
ftr-441	1595	32	of	of	ADP
ftr-441	1595	33	the	the	DET
ftr-441	1595	34	property	property	NOUN
ftr-441	1595	35	.	.	PUNCT
ftr-441	1596	1	the	the	DET
ftr-441	1596	2	current	current	ADJ
ftr-441	1596	3	regulations	regulation	NOUN
ftr-441	1596	4	offer	offer	VERB
ftr-441	1596	5	three	three	NUM
ftr-441	1596	6	ways	way	NOUN
ftr-441	1596	7	of	of	ADP
ftr-441	1596	8	dealing	deal	VERB
ftr-441	1596	9	with	with	ADP
ftr-441	1596	10	the	the	DET
ftr-441	1596	11	problem	problem	NOUN
ftr-441	1596	12	of	of	ADP
ftr-441	1596	13	ceiling	ceiling	NOUN
ftr-441	1596	14	-	-	PUNCT
ftr-441	1596	15	limited	limit	VERB
ftr-441	1596	16	transactions	transaction	NOUN
ftr-441	1596	17	.	.	PUNCT
ftr-441	1597	1	one	one	NUM
ftr-441	1597	2	possibility	possibility	NOUN
ftr-441	1597	3	is	be	AUX
ftr-441	1597	4	to	to	PART
ftr-441	1597	5	ignore	ignore	VERB
ftr-441	1597	6	the	the	DET
ftr-441	1597	7	problem	problem	NOUN
ftr-441	1597	8	,	,	PUNCT
ftr-441	1597	9	which	which	PRON
ftr-441	1597	10	permits	permit	VERB
ftr-441	1597	11	a	a	DET
ftr-441	1597	12	certain	certain	ADJ
ftr-441	1597	13	amount	amount	NOUN
ftr-441	1597	14	of	of	ADP
ftr-441	1597	15	income	income	NOUN
ftr-441	1597	16	shifting	shift	VERB
ftr-441	1597	17	to	to	ADP
ftr-441	1597	18	occur.m	occur.m	VERB
ftr-441	1597	19	to	to	PART
ftr-441	1597	20	protect	protect	VERB
ftr-441	1597	21	the	the	DET
ftr-441	1597	22	fisc	fisc	NOUN
ftr-441	1597	23	,	,	PUNCT
ftr-441	1597	24	however	however	ADV
ftr-441	1597	25	,	,	PUNCT
ftr-441	1597	26	and	and	CCONJ
ftr-441	1597	27	to	to	PART
ftr-441	1597	28	further	far	ADV
ftr-441	1597	29	complicate	complicate	VERB
ftr-441	1597	30	matters	matter	NOUN
ftr-441	1597	31	,	,	PUNCT
ftr-441	1597	32	taxpayers	taxpayer	NOUN
ftr-441	1597	33	may	may	AUX
ftr-441	1597	34	not	not	PART
ftr-441	1597	35	choose	choose	VERB
ftr-441	1597	36	to	to	PART
ftr-441	1597	37	ignore	ignore	VERB
ftr-441	1597	38	the	the	DET
ftr-441	1597	39	problem	problem	NOUN
ftr-441	1597	40	if	if	SCONJ
ftr-441	1597	41	they	they	PRON
ftr-441	1597	42	entered	enter	VERB
ftr-441	1597	43	into	into	ADP
ftr-441	1597	44	the	the	DET
ftr-441	1597	45	ceiling	ceiling	NOUN
ftr-441	1597	46	-	-	PUNCT
ftr-441	1597	47	limited	limit	VERB
ftr-441	1597	48	transaction	transaction	NOUN
ftr-441	1597	49	"	"	PUNCT
ftr-441	1597	50	with	with	ADP
ftr-441	1597	51	a	a	DET
ftr-441	1597	52	view	view	NOUN
ftr-441	1597	53	"	"	PUNCT
ftr-441	1597	54	towards	towards	ADP
ftr-441	1597	55	gaining	gain	VERB
ftr-441	1597	56	that	that	DET
ftr-441	1597	57	tax	tax	NOUN
ftr-441	1597	58	advantage	advantage	NOUN
ftr-441	1597	59	.	.	PUNCT
ftr-441	1597	60	'	'	PUNCT
ftr-441	1598	1	another	another	DET
ftr-441	1598	2	possibility	possibility	NOUN
ftr-441	1598	3	is	be	AUX
ftr-441	1598	4	to	to	PART
ftr-441	1598	5	make	make	VERB
ftr-441	1598	6	so	so	ADV
ftr-441	1598	7	-	-	PUNCT
ftr-441	1598	8	called	call	VERB
ftr-441	1598	9	"	"	PUNCT
ftr-441	1598	10	curative	curative	ADJ
ftr-441	1598	11	allocations	allocation	NOUN
ftr-441	1598	12	"	"	PUNCT
ftr-441	1598	13	of	of	ADP
ftr-441	1598	14	tax	tax	NOUN
ftr-441	1598	15	items	item	NOUN
ftr-441	1598	16	unrelated	unrelated	ADJ
ftr-441	1598	17	to	to	ADP
ftr-441	1598	18	the	the	DET
ftr-441	1598	19	contributed	contribute	VERB
ftr-441	1598	20	property	property	NOUN
ftr-441	1598	21	in	in	ADP
ftr-441	1598	22	order	order	NOUN
ftr-441	1598	23	to	to	PART
ftr-441	1598	24	make	make	VERB
ftr-441	1598	25	up	up	ADP
ftr-441	1598	26	for	for	ADP
ftr-441	1598	27	the	the	DET
ftr-441	1598	28	shortfall	shortfall	NOUN
ftr-441	1598	29	.	.	PUNCT
ftr-441	1598	30	'	'	PUNCT
ftr-441	1599	1	curative	curative	ADJ
ftr-441	1599	2	allocations	allocation	NOUN
ftr-441	1599	3	are	be	AUX
ftr-441	1599	4	allocations	allocation	NOUN
ftr-441	1599	5	of	of	ADP
ftr-441	1599	6	tax	tax	NOUN
ftr-441	1599	7	items	item	NOUN
ftr-441	1599	8	only	only	ADV
ftr-441	1599	9	and	and	CCONJ
ftr-441	1599	10	thus	thus	ADV
ftr-441	1599	11	also	also	ADV
ftr-441	1599	12	violate	violate	VERB
ftr-441	1599	13	the	the	DET
ftr-441	1599	14	economic	economic	ADJ
ftr-441	1599	15	effect	effect	NOUN
ftr-441	1599	16	test	test	NOUN
ftr-441	1599	17	.	.	PUNCT
ftr-441	1600	1	in	in	ADP
ftr-441	1600	2	a	a	DET
ftr-441	1600	3	general	general	ADJ
ftr-441	1600	4	effort	effort	NOUN
ftr-441	1600	5	to	to	PART
ftr-441	1600	6	conform	conform	VERB
ftr-441	1600	7	the	the	DET
ftr-441	1600	8	cure	cure	NOUN
ftr-441	1600	9	to	to	ADP
ftr-441	1600	10	the	the	DET
ftr-441	1600	11	problem	problem	NOUN
ftr-441	1600	12	,	,	PUNCT
ftr-441	1600	13	various	various	ADJ
ftr-441	1600	14	restrictions	restriction	NOUN
ftr-441	1600	15	are	be	AUX
ftr-441	1600	16	imposed	impose	VERB
ftr-441	1600	17	on	on	ADP
ftr-441	1600	18	the	the	DET
ftr-441	1600	19	amount	amount	NOUN
ftr-441	1600	20	,	,	PUNCT
ftr-441	1600	21	character	character	NOUN
ftr-441	1600	22	,	,	PUNCT
ftr-441	1600	23	and	and	CCONJ
ftr-441	1600	24	timing	timing	NOUN
ftr-441	1600	25	of	of	ADP
ftr-441	1600	26	the	the	DET
ftr-441	1600	27	tax	tax	NOUN
ftr-441	1600	28	item	item	NOUN
ftr-441	1600	29	subject	subject	ADJ
ftr-441	1600	30	to	to	ADP
ftr-441	1600	31	the	the	DET
ftr-441	1600	32	curative	curative	ADJ
ftr-441	1600	33	allocation	allocation	NOUN
ftr-441	1600	34	"	"	PUNCT
ftr-441	1600	35	and	and	CCONJ
ftr-441	1600	36	curative	curative	ADJ
ftr-441	1600	37	allocations	allocation	NOUN
ftr-441	1600	38	are	be	AUX
ftr-441	1600	39	impermissible	impermissible	ADJ
ftr-441	1600	40	in	in	ADP
ftr-441	1600	41	certain	certain	ADJ
ftr-441	1600	42	cases	case	NOUN
ftr-441	1600	43	where	where	SCONJ
ftr-441	1600	44	the	the	DET
ftr-441	1600	45	taxpayer	taxpayer	NOUN
ftr-441	1600	46	has	have	VERB
ftr-441	1600	47	the	the	DET
ftr-441	1600	48	wrong	wrong	ADJ
ftr-441	1600	49	subjective	subjective	ADJ
ftr-441	1600	50	purpose	purpose	NOUN
ftr-441	1600	51	.	.	PUNCT
ftr-441	1600	52	"	"	PUNCT
ftr-441	1601	1	a	a	DET
ftr-441	1601	2	final	final	ADJ
ftr-441	1601	3	option	option	NOUN
ftr-441	1601	4	is	be	AUX
ftr-441	1601	5	to	to	PART
ftr-441	1601	6	make	make	VERB
ftr-441	1601	7	"	"	PUNCT
ftr-441	1601	8	remedial	remedial	ADJ
ftr-441	1601	9	allocations	allocation	NOUN
ftr-441	1601	10	,	,	PUNCT
ftr-441	1601	11	"	"	PUNCT
ftr-441	1601	12	which	which	PRON
ftr-441	1601	13	are	be	AUX
ftr-441	1601	14	similar	similar	ADJ
ftr-441	1601	15	to	to	ADP
ftr-441	1601	16	curative	curative	ADJ
ftr-441	1601	17	allocations	allocation	NOUN
ftr-441	1601	18	except	except	SCONJ
ftr-441	1601	19	that	that	SCONJ
ftr-441	1601	20	they	they	PRON
ftr-441	1601	21	are	be	AUX
ftr-441	1601	22	entirely	entirely	ADV
ftr-441	1601	23	make	make	ADJ
ftr-441	1601	24	-	-	PUNCT
ftr-441	1601	25	believe	believe	VERB
ftr-441	1601	26	.	.	PUNCT
ftr-441	1601	27	'	'	PUNCT
ftr-441	1602	1	rather	rather	ADV
ftr-441	1602	2	than	than	ADP
ftr-441	1602	3	repealing	repeal	VERB
ftr-441	1602	4	the	the	DET
ftr-441	1602	5	ceiling	ceiling	NOUN
ftr-441	1602	6	rule	rule	NOUN
ftr-441	1602	7	altogether	altogether	ADV
ftr-441	1602	8	,	,	PUNCT
ftr-441	1602	9	the	the	DET
ftr-441	1602	10	irs	irs	PROPN
ftr-441	1602	11	has	have	AUX
ftr-441	1602	12	prescribed	prescribe	VERB
ftr-441	1602	13	remedial	remedial	ADJ
ftr-441	1602	14	allocations	allocation	NOUN
ftr-441	1602	15	as	as	ADP
ftr-441	1602	16	the	the	DET
ftr-441	1602	17	one	one	NUM
ftr-441	1602	18	permissible	permissible	ADJ
ftr-441	1602	19	method	method	NOUN
ftr-441	1602	20	for	for	ADP
ftr-441	1602	21	creating	create	VERB
ftr-441	1602	22	fictitious	fictitious	ADJ
ftr-441	1602	23	allocations	allocation	NOUN
ftr-441	1602	24	in	in	ADP
ftr-441	1602	25	order	order	NOUN
ftr-441	1602	26	to	to	PART
ftr-441	1602	27	avoid	avoid	VERB
ftr-441	1602	28	the	the	DET
ftr-441	1602	29	undesirable	undesirable	ADJ
ftr-441	1602	30	effects	effect	NOUN
ftr-441	1602	31	of	of	ADP
ftr-441	1602	32	the	the	DET
ftr-441	1602	33	ceiling	ceiling	NOUN
ftr-441	1602	34	rule.233	rule.233	NOUN
ftr-441	1602	35	226	226	NUM
ftr-441	1602	36	.	.	PUNCT
ftr-441	1603	1	see	see	VERB
ftr-441	1603	2	regs	reg	NOUN
ftr-441	1603	3	.	.	PUNCT
ftr-441	1604	1	§	§	PROPN
ftr-441	1604	2	1.704	1.704	NUM
ftr-441	1604	3	-	-	NUM
ftr-441	1604	4	3(b)(1	3(b)(1	NUM
ftr-441	1604	5	)	)	PUNCT
ftr-441	1604	6	.	.	PUNCT
ftr-441	1605	1	227	227	NUM
ftr-441	1605	2	.	.	PUNCT
ftr-441	1606	1	see	see	VERB
ftr-441	1606	2	regs	reg	NOUN
ftr-441	1606	3	.	.	PUNCT
ftr-441	1607	1	§	§	PROPN
ftr-441	1607	2	1.704	1.704	NUM
ftr-441	1607	3	-	-	SYM
ftr-441	1607	4	3(a)(1	3(a)(1	NUM
ftr-441	1607	5	)	)	PUNCT
ftr-441	1607	6	,	,	PUNCT
ftr-441	1607	7	-3(b)(1	-3(b)(1	NOUN
ftr-441	1607	8	)	)	PUNCT
ftr-441	1607	9	.	.	PUNCT
ftr-441	1608	1	228	228	NUM
ftr-441	1608	2	.	.	PUNCT
ftr-441	1608	3	regs	regs	PROPN
ftr-441	1608	4	.	.	PUNCT
ftr-441	1609	1	§	§	PROPN
ftr-441	1609	2	1.704	1.704	NUM
ftr-441	1609	3	-	-	NUM
ftr-441	1609	4	3(a)(10	3(a)(10	NUM
ftr-441	1609	5	)	)	PUNCT
ftr-441	1609	6	,	,	PUNCT
ftr-441	1609	7	-3(b)(2	-3(b)(2	PROPN
ftr-441	1609	8	)	)	PUNCT
ftr-441	1609	9	,	,	PUNCT
ftr-441	1609	10	ex	ex	X
ftr-441	1609	11	.	.	PUNCT
ftr-441	1609	12	(	(	PUNCT
ftr-441	1609	13	2)(ii	2)(ii	NUM
ftr-441	1609	14	)	)	PUNCT
ftr-441	1609	15	.	.	PUNCT
ftr-441	1610	1	229	229	NUM
ftr-441	1610	2	.	.	PUNCT
ftr-441	1610	3	regs	regs	PROPN
ftr-441	1610	4	.	.	PUNCT
ftr-441	1611	1	§	§	PROPN
ftr-441	1611	2	1.704	1.704	NUM
ftr-441	1611	3	-	-	NUM
ftr-441	1611	4	3(c)(1	3(c)(1	NUM
ftr-441	1611	5	)	)	PUNCT
ftr-441	1611	6	.	.	PUNCT
ftr-441	1612	1	230	230	NUM
ftr-441	1612	2	.	.	PUNCT
ftr-441	1613	1	see	see	VERB
ftr-441	1613	2	regs	reg	NOUN
ftr-441	1613	3	.	.	PUNCT
ftr-441	1614	1	§	§	PROPN
ftr-441	1614	2	1.704	1.704	NUM
ftr-441	1614	3	-	-	NUM
ftr-441	1614	4	3(c)(3	3(c)(3	NUM
ftr-441	1614	5	)	)	PUNCT
ftr-441	1614	6	.	.	PUNCT
ftr-441	1615	1	231	231	NUM
ftr-441	1615	2	.	.	PUNCT
ftr-441	1616	1	see	see	VERB
ftr-441	1616	2	regs	reg	NOUN
ftr-441	1616	3	.	.	PUNCT
ftr-441	1617	1	§	§	PROPN
ftr-441	1617	2	1.704	1.704	NUM
ftr-441	1617	3	-	-	NUM
ftr-441	1617	4	3(c)(4	3(c)(4	NUM
ftr-441	1617	5	)	)	PUNCT
ftr-441	1617	6	,	,	PUNCT
ftr-441	1617	7	ex	ex	X
ftr-441	1617	8	.	.	PUNCT
ftr-441	1617	9	(	(	PUNCT
ftr-441	1617	10	3	3	NUM
ftr-441	1617	11	)	)	PUNCT
ftr-441	1617	12	.	.	PUNCT
ftr-441	1618	1	for	for	ADP
ftr-441	1618	2	the	the	DET
ftr-441	1618	3	view	view	NOUN
ftr-441	1618	4	that	that	SCONJ
ftr-441	1618	5	these	these	DET
ftr-441	1618	6	subjective	subjective	ADJ
ftr-441	1618	7	overrides	override	VERB
ftr-441	1618	8	should	should	AUX
ftr-441	1618	9	have	have	AUX
ftr-441	1618	10	only	only	ADV
ftr-441	1618	11	a	a	DET
ftr-441	1618	12	limited	limited	ADJ
ftr-441	1618	13	reach	reach	NOUN
ftr-441	1618	14	,	,	PUNCT
ftr-441	1618	15	see	see	VERB
ftr-441	1618	16	laura	laura	PROPN
ftr-441	1618	17	e.	e.	PROPN
ftr-441	1618	18	cunningham	cunningham	PROPN
ftr-441	1618	19	,	,	PUNCT
ftr-441	1618	20	use	use	NOUN
ftr-441	1618	21	and	and	CCONJ
ftr-441	1618	22	abuse	abuse	NOUN
ftr-441	1618	23	of	of	ADP
ftr-441	1618	24	section	section	NOUN
ftr-441	1618	25	704(c	704(c	PROPN
ftr-441	1618	26	)	)	PUNCT
ftr-441	1618	27	.	.	PUNCT
ftr-441	1619	1	3	3	NUM
ftr-441	1619	2	fla	fla	PROPN
ftr-441	1619	3	.	.	PUNCT
ftr-441	1620	1	tax	tax	PROPN
ftr-441	1620	2	rev	rev	PROPN
ftr-441	1620	3	.	.	PROPN
ftr-441	1620	4	93	93	NUM
ftr-441	1620	5	,	,	PUNCT
ftr-441	1620	6	115	115	NUM
ftr-441	1620	7	(	(	PUNCT
ftr-441	1620	8	1996	1996	NUM
ftr-441	1620	9	)	)	PUNCT
ftr-441	1620	10	.	.	PUNCT
ftr-441	1621	1	232	232	X
ftr-441	1621	2	.	.	PUNCT
ftr-441	1622	1	see	see	VERB
ftr-441	1622	2	regs	reg	NOUN
ftr-441	1622	3	.	.	PUNCT
ftr-441	1623	1	§	§	PROPN
ftr-441	1623	2	1.704	1.704	NUM
ftr-441	1623	3	-	-	NUM
ftr-441	1623	4	3(d)(1	3(d)(1	NUM
ftr-441	1623	5	)	)	PUNCT
ftr-441	1623	6	(	(	PUNCT
ftr-441	1623	7	authorizing	authorize	VERB
ftr-441	1623	8	the	the	DET
ftr-441	1623	9	creation	creation	NOUN
ftr-441	1623	10	of	of	ADP
ftr-441	1623	11	remedial	remedial	ADJ
ftr-441	1623	12	items	item	NOUN
ftr-441	1623	13	by	by	ADP
ftr-441	1623	14	the	the	DET
ftr-441	1623	15	partnership	partnership	NOUN
ftr-441	1623	16	)	)	PUNCT
ftr-441	1623	17	.	.	PUNCT
ftr-441	1624	1	233	233	NUM
ftr-441	1624	2	.	.	PUNCT
ftr-441	1625	1	see	see	VERB
ftr-441	1625	2	regs	reg	NOUN
ftr-441	1625	3	.	.	PUNCT
ftr-441	1626	1	§	§	PROPN
ftr-441	1626	2	1.704	1.704	NUM
ftr-441	1626	3	-	-	NUM
ftr-441	1626	4	3(d)(5)(i	3(d)(5)(i	NUM
ftr-441	1626	5	)	)	PUNCT
ftr-441	1626	6	.	.	PUNCT
ftr-441	1627	1	19991	19991	NUM
ftr-441	1627	2	florida	florida	PROPN
ftr-441	1627	3	tax	tax	PROPN
ftr-441	1627	4	review	review	PROPN
ftr-441	1627	5	ii	ii	PROPN
ftr-441	1627	6	.	.	PUNCT
ftr-441	1628	1	reverse	reverse	PROPN
ftr-441	1628	2	section	section	NOUN
ftr-441	1628	3	704(c	704(c	PROPN
ftr-441	1628	4	)	)	PUNCT
ftr-441	1628	5	allocations.-the	allocations.-the	NOUN
ftr-441	1628	6	need	need	VERB
ftr-441	1628	7	for	for	ADP
ftr-441	1628	8	a	a	DET
ftr-441	1628	9	reverse	reverse	ADJ
ftr-441	1628	10	section	section	NOUN
ftr-441	1628	11	704(c	704(c	NOUN
ftr-441	1628	12	)	)	PUNCT
ftr-441	1628	13	allocation	allocation	NOUN
ftr-441	1628	14	arises	arise	VERB
ftr-441	1628	15	whenever	whenever	SCONJ
ftr-441	1628	16	there	there	PRON
ftr-441	1628	17	is	be	VERB
ftr-441	1628	18	some	some	DET
ftr-441	1628	19	change	change	NOUN
ftr-441	1628	20	in	in	ADP
ftr-441	1628	21	the	the	DET
ftr-441	1628	22	ownership	ownership	NOUN
ftr-441	1628	23	of	of	ADP
ftr-441	1628	24	a	a	DET
ftr-441	1628	25	partnership	partnership	NOUN
ftr-441	1628	26	and	and	CCONJ
ftr-441	1628	27	one	one	NUM
ftr-441	1628	28	or	or	CCONJ
ftr-441	1628	29	more	more	ADJ
ftr-441	1628	30	partnership	partnership	NOUN
ftr-441	1628	31	assets	asset	NOUN
ftr-441	1628	32	contains	contain	VERB
ftr-441	1628	33	a	a	DET
ftr-441	1628	34	built	build	VERB
ftr-441	1628	35	-	-	PUNCT
ftr-441	1628	36	in	in	ADP
ftr-441	1628	37	gain	gain	NOUN
ftr-441	1628	38	or	or	CCONJ
ftr-441	1628	39	loss	loss	NOUN
ftr-441	1628	40	at	at	ADP
ftr-441	1628	41	that	that	DET
ftr-441	1628	42	time	time	NOUN
ftr-441	1628	43	.	.	PUNCT
ftr-441	1629	1	thus	thus	ADV
ftr-441	1629	2	,	,	PUNCT
ftr-441	1629	3	if	if	SCONJ
ftr-441	1629	4	new	new	ADJ
ftr-441	1629	5	partner	partner	NOUN
ftr-441	1629	6	c	c	PROPN
ftr-441	1629	7	joins	join	VERB
ftr-441	1629	8	existing	exist	VERB
ftr-441	1629	9	partners	partner	NOUN
ftr-441	1629	10	a	a	PRON
ftr-441	1629	11	and	and	CCONJ
ftr-441	1629	12	b	b	NOUN
ftr-441	1629	13	at	at	ADP
ftr-441	1629	14	a	a	DET
ftr-441	1629	15	time	time	NOUN
ftr-441	1629	16	when	when	SCONJ
ftr-441	1629	17	partnership	partnership	NOUN
ftr-441	1629	18	ab	ab	PROPN
ftr-441	1629	19	has	have	VERB
ftr-441	1629	20	certain	certain	ADJ
ftr-441	1629	21	assets	asset	NOUN
ftr-441	1629	22	with	with	ADP
ftr-441	1629	23	builtin	builtin	NOUN
ftr-441	1629	24	gains	gain	NOUN
ftr-441	1629	25	,	,	PUNCT
ftr-441	1629	26	those	those	DET
ftr-441	1629	27	gains	gain	NOUN
ftr-441	1629	28	must	must	AUX
ftr-441	1629	29	be	be	AUX
ftr-441	1629	30	specially	specially	ADV
ftr-441	1629	31	allocated	allocate	VERB
ftr-441	1629	32	to	to	ADP
ftr-441	1629	33	a	a	PRON
ftr-441	1629	34	and	and	CCONJ
ftr-441	1629	35	b	b	NOUN
ftr-441	1629	36	and	and	CCONJ
ftr-441	1629	37	away	away	ADV
ftr-441	1629	38	from	from	ADP
ftr-441	1629	39	c	c	NOUN
ftr-441	1629	40	in	in	ADP
ftr-441	1629	41	order	order	NOUN
ftr-441	1629	42	to	to	PART
ftr-441	1629	43	prevent	prevent	VERB
ftr-441	1629	44	income	income	NOUN
ftr-441	1629	45	shifting	shift	VERB
ftr-441	1629	46	among	among	ADP
ftr-441	1629	47	them	they	PRON
ftr-441	1629	48	.	.	PUNCT
ftr-441	1630	1	of	of	ADP
ftr-441	1630	2	course	course	NOUN
ftr-441	1630	3	,	,	PUNCT
ftr-441	1630	4	certain	certain	ADJ
ftr-441	1630	5	of	of	ADP
ftr-441	1630	6	those	those	DET
ftr-441	1630	7	gains	gain	NOUN
ftr-441	1630	8	might	might	AUX
ftr-441	1630	9	already	already	ADV
ftr-441	1630	10	be	be	AUX
ftr-441	1630	11	subject	subject	ADJ
ftr-441	1630	12	to	to	ADP
ftr-441	1630	13	an	an	DET
ftr-441	1630	14	existing	existing	ADJ
ftr-441	1630	15	,	,	PUNCT
ftr-441	1630	16	"	"	PUNCT
ftr-441	1630	17	regular	regular	ADJ
ftr-441	1630	18	"	"	PUNCT
ftr-441	1630	19	section	section	NOUN
ftr-441	1630	20	704(c	704(c	PROPN
ftr-441	1630	21	)	)	PUNCT
ftr-441	1630	22	special	special	ADJ
ftr-441	1630	23	allocation	allocation	NOUN
ftr-441	1630	24	if	if	SCONJ
ftr-441	1630	25	the	the	DET
ftr-441	1630	26	asset	asset	NOUN
ftr-441	1630	27	was	be	AUX
ftr-441	1630	28	contributed	contribute	VERB
ftr-441	1630	29	by	by	ADP
ftr-441	1630	30	a	a	DET
ftr-441	1630	31	or	or	CCONJ
ftr-441	1630	32	b	b	NOUN
ftr-441	1630	33	with	with	ADP
ftr-441	1630	34	a	a	DET
ftr-441	1630	35	built	build	VERB
ftr-441	1630	36	-	-	PUNCT
ftr-441	1630	37	in	in	ADP
ftr-441	1630	38	gain	gain	NOUN
ftr-441	1630	39	or	or	CCONJ
ftr-441	1630	40	loss	loss	NOUN
ftr-441	1630	41	,	,	PUNCT
ftr-441	1630	42	so	so	SCONJ
ftr-441	1630	43	matters	matter	NOUN
ftr-441	1630	44	can	can	AUX
ftr-441	1630	45	get	get	AUX
ftr-441	1630	46	complicated	complicate	VERB
ftr-441	1630	47	fairly	fairly	ADV
ftr-441	1630	48	quickly.2	quickly.2	NOUN
ftr-441	1630	49	"	"	PUNCT
ftr-441	1630	50	the	the	DET
ftr-441	1630	51	regulations	regulation	NOUN
ftr-441	1630	52	deal	deal	VERB
ftr-441	1630	53	with	with	ADP
ftr-441	1630	54	reverse	reverse	ADJ
ftr-441	1630	55	section	section	NOUN
ftr-441	1630	56	704(c	704(c	NOUN
ftr-441	1630	57	)	)	PUNCT
ftr-441	1630	58	allocations	allocation	NOUN
ftr-441	1630	59	in	in	ADP
ftr-441	1630	60	the	the	DET
ftr-441	1630	61	same	same	ADJ
ftr-441	1630	62	manner	manner	NOUN
ftr-441	1630	63	as	as	ADP
ftr-441	1630	64	regular	regular	ADJ
ftr-441	1630	65	section	section	NOUN
ftr-441	1630	66	704(c	704(c	NOUN
ftr-441	1630	67	)	)	PUNCT
ftr-441	1630	68	allocations	allocation	NOUN
ftr-441	1630	69	.	.	PUNCT
ftr-441	1631	1	5	5	NUM
ftr-441	1631	2	under	under	ADP
ftr-441	1631	3	the	the	DET
ftr-441	1631	4	regulations	regulation	NOUN
ftr-441	1631	5	,	,	PUNCT
ftr-441	1631	6	however	however	ADV
ftr-441	1631	7	,	,	PUNCT
ftr-441	1631	8	just	just	ADV
ftr-441	1631	9	to	to	PART
ftr-441	1631	10	make	make	VERB
ftr-441	1631	11	sure	sure	ADJ
ftr-441	1631	12	everyone	everyone	PRON
ftr-441	1631	13	stays	stay	VERB
ftr-441	1631	14	alert	alert	ADJ
ftr-441	1631	15	,	,	PUNCT
ftr-441	1631	16	partnerships	partnership	NOUN
ftr-441	1631	17	are	be	AUX
ftr-441	1631	18	not	not	PART
ftr-441	1631	19	required	require	VERB
ftr-441	1631	20	to	to	PART
ftr-441	1631	21	use	use	VERB
ftr-441	1631	22	the	the	DET
ftr-441	1631	23	same	same	ADJ
ftr-441	1631	24	allocation	allocation	NOUN
ftr-441	1631	25	method	method	NOUN
ftr-441	1631	26	for	for	ADP
ftr-441	1631	27	both	both	CCONJ
ftr-441	1631	28	regular	regular	ADJ
ftr-441	1631	29	and	and	CCONJ
ftr-441	1631	30	reverse	reverse	ADJ
ftr-441	1631	31	section	section	NOUN
ftr-441	1631	32	704(c	704(c	PROPN
ftr-441	1631	33	)	)	PUNCT
ftr-441	1631	34	adjustments	adjustment	NOUN
ftr-441	1631	35	even	even	ADV
ftr-441	1631	36	if	if	SCONJ
ftr-441	1631	37	such	such	ADJ
ftr-441	1631	38	adjustments	adjustment	NOUN
ftr-441	1631	39	relate	relate	VERB
ftr-441	1631	40	to	to	ADP
ftr-441	1631	41	the	the	DET
ftr-441	1631	42	same	same	ADJ
ftr-441	1631	43	property	property	NOUN
ftr-441	1631	44	at	at	ADP
ftr-441	1631	45	the	the	DET
ftr-441	1631	46	same	same	ADJ
ftr-441	1631	47	time.236	time.236	PROPN
ftr-441	1631	48	iii	iii	PROPN
ftr-441	1631	49	.	.	PROPN
ftr-441	1631	50	section	section	NOUN
ftr-441	1631	51	704(c)(1)(b).-assuming	704(c)(1)(b).-assume	VERB
ftr-441	1631	52	that	that	SCONJ
ftr-441	1631	53	one	one	NOUN
ftr-441	1631	54	can	can	AUX
ftr-441	1631	55	keep	keep	VERB
ftr-441	1631	56	track	track	NOUN
ftr-441	1631	57	of	of	ADP
ftr-441	1631	58	all	all	PRON
ftr-441	1631	59	of	of	ADP
ftr-441	1631	60	the	the	DET
ftr-441	1631	61	required	require	VERB
ftr-441	1631	62	and	and	CCONJ
ftr-441	1631	63	prohibited	prohibit	VERB
ftr-441	1631	64	special	special	ADJ
ftr-441	1631	65	allocations	allocation	NOUN
ftr-441	1631	66	,	,	PUNCT
ftr-441	1631	67	they	they	PRON
ftr-441	1631	68	would	would	AUX
ftr-441	1631	69	nevertheless	nevertheless	ADV
ftr-441	1631	70	not	not	PART
ftr-441	1631	71	be	be	AUX
ftr-441	1631	72	wholly	wholly	ADV
ftr-441	1631	73	effective	effective	ADJ
ftr-441	1631	74	at	at	ADP
ftr-441	1631	75	preventing	prevent	VERB
ftr-441	1631	76	the	the	DET
ftr-441	1631	77	potential	potential	ADJ
ftr-441	1631	78	income	income	NOUN
ftr-441	1631	79	shifting	shift	VERB
ftr-441	1631	80	from	from	ADP
ftr-441	1631	81	built	build	VERB
ftr-441	1631	82	-	-	PUNCT
ftr-441	1631	83	in	in	ADP
ftr-441	1631	84	gains	gain	NOUN
ftr-441	1631	85	and	and	CCONJ
ftr-441	1631	86	losses	loss	NOUN
ftr-441	1631	87	.	.	PUNCT
ftr-441	1632	1	one	one	NUM
ftr-441	1632	2	reason	reason	NOUN
ftr-441	1632	3	is	be	AUX
ftr-441	1632	4	that	that	SCONJ
ftr-441	1632	5	special	special	ADJ
ftr-441	1632	6	allocations	allocation	NOUN
ftr-441	1632	7	under	under	ADP
ftr-441	1632	8	section	section	NOUN
ftr-441	1632	9	704(c)(1)(a	704(c)(1)(a	PROPN
ftr-441	1632	10	)	)	PUNCT
ftr-441	1632	11	only	only	ADV
ftr-441	1632	12	apply	apply	VERB
ftr-441	1632	13	to	to	ADP
ftr-441	1632	14	tax	tax	NOUN
ftr-441	1632	15	items	item	NOUN
ftr-441	1632	16	of	of	ADP
ftr-441	1632	17	the	the	DET
ftr-441	1632	18	partnership	partnership	NOUN
ftr-441	1632	19	;	;	PUNCT
ftr-441	1632	20	therefore	therefore	ADV
ftr-441	1632	21	,	,	PUNCT
ftr-441	1632	22	if	if	SCONJ
ftr-441	1632	23	property	property	NOUN
ftr-441	1632	24	subject	subject	ADJ
ftr-441	1632	25	to	to	ADP
ftr-441	1632	26	a	a	DET
ftr-441	1632	27	special	special	ADJ
ftr-441	1632	28	allocation	allocation	NOUN
ftr-441	1632	29	somehow	somehow	ADV
ftr-441	1632	30	escapes	escape	VERB
ftr-441	1632	31	the	the	DET
ftr-441	1632	32	partnership	partnership	NOUN
ftr-441	1632	33	in	in	ADP
ftr-441	1632	34	a	a	DET
ftr-441	1632	35	nonrecognition	nonrecognition	NOUN
ftr-441	1632	36	transaction	transaction	NOUN
ftr-441	1632	37	,	,	PUNCT
ftr-441	1632	38	such	such	ADJ
ftr-441	1632	39	as	as	ADP
ftr-441	1632	40	through	through	ADP
ftr-441	1632	41	a	a	DET
ftr-441	1632	42	distribution	distribution	NOUN
ftr-441	1632	43	to	to	ADP
ftr-441	1632	44	a	a	DET
ftr-441	1632	45	partner	partner	NOUN
ftr-441	1632	46	other	other	ADJ
ftr-441	1632	47	than	than	ADP
ftr-441	1632	48	the	the	DET
ftr-441	1632	49	contributing	contribute	VERB
ftr-441	1632	50	partner	partner	NOUN
ftr-441	1632	51	,	,	PUNCT
ftr-441	1632	52	then	then	ADV
ftr-441	1632	53	the	the	DET
ftr-441	1632	54	mandated	mandate	VERB
ftr-441	1632	55	special	special	ADJ
ftr-441	1632	56	allocation	allocation	NOUN
ftr-441	1632	57	is	be	AUX
ftr-441	1632	58	rendered	render	VERB
ftr-441	1632	59	impotent	impotent	ADJ
ftr-441	1632	60	.	.	PUNCT
ftr-441	1633	1	section	section	NOUN
ftr-441	1633	2	704(c)(1)(b	704(c)(1)(b	PROPN
ftr-441	1633	3	)	)	PUNCT
ftr-441	1633	4	generally	generally	ADV
ftr-441	1633	5	deals	deal	VERB
ftr-441	1633	6	with	with	ADP
ftr-441	1633	7	that	that	DET
ftr-441	1633	8	problem	problem	NOUN
ftr-441	1633	9	by	by	ADP
ftr-441	1633	10	providing	provide	VERB
ftr-441	1633	11	that	that	SCONJ
ftr-441	1633	12	a	a	DET
ftr-441	1633	13	distribution	distribution	NOUN
ftr-441	1633	14	of	of	ADP
ftr-441	1633	15	built	build	VERB
ftr-441	1633	16	-	-	PUNCT
ftr-441	1633	17	in	in	ADP
ftr-441	1633	18	gain	gain	NOUN
ftr-441	1633	19	or	or	CCONJ
ftr-441	1633	20	loss	loss	NOUN
ftr-441	1633	21	property	property	NOUN
ftr-441	1633	22	within	within	ADP
ftr-441	1633	23	seven	seven	NUM
ftr-441	1633	24	years	year	NOUN
ftr-441	1633	25	of	of	ADP
ftr-441	1633	26	its	its	PRON
ftr-441	1633	27	contribution	contribution	NOUN
ftr-441	1633	28	to	to	ADP
ftr-441	1633	29	the	the	DET
ftr-441	1633	30	partnership	partnership	NOUN
ftr-441	1633	31	triggers	trigger	VERB
ftr-441	1633	32	gain	gain	NOUN
ftr-441	1633	33	or	or	CCONJ
ftr-441	1633	34	loss	loss	NOUN
ftr-441	1633	35	to	to	ADP
ftr-441	1633	36	the	the	DET
ftr-441	1633	37	contributing	contribute	VERB
ftr-441	1633	38	partner	partner	NOUN
ftr-441	1633	39	equal	equal	ADJ
ftr-441	1633	40	to	to	ADP
ftr-441	1633	41	the	the	DET
ftr-441	1633	42	amount	amount	NOUN
ftr-441	1633	43	that	that	PRON
ftr-441	1633	44	would	would	AUX
ftr-441	1633	45	have	have	AUX
ftr-441	1633	46	been	be	AUX
ftr-441	1633	47	specially	specially	ADV
ftr-441	1633	48	allocated	allocate	VERB
ftr-441	1633	49	to	to	ADP
ftr-441	1633	50	such	such	ADJ
ftr-441	1633	51	partner	partner	NOUN
ftr-441	1633	52	had	have	VERB
ftr-441	1633	53	the	the	DET
ftr-441	1633	54	partnership	partnership	NOUN
ftr-441	1633	55	sold	sell	VERB
ftr-441	1633	56	the	the	DET
ftr-441	1633	57	property	property	NOUN
ftr-441	1633	58	.	.	PUNCT
ftr-441	1634	1	3	3	X
ftr-441	1634	2	"	"	SYM
ftr-441	1634	3	iv	iv	NUM
ftr-441	1634	4	.	.	PUNCT
ftr-441	1634	5	section	section	NOUN
ftr-441	1634	6	737.-another	737.-another	NUM
ftr-441	1634	7	reason	reason	NOUN
ftr-441	1634	8	a	a	DET
ftr-441	1634	9	mandated	mandate	VERB
ftr-441	1634	10	special	special	ADJ
ftr-441	1634	11	allocation	allocation	NOUN
ftr-441	1634	12	might	might	AUX
ftr-441	1634	13	prove	prove	VERB
ftr-441	1634	14	to	to	PART
ftr-441	1634	15	be	be	AUX
ftr-441	1634	16	ineffective	ineffective	ADJ
ftr-441	1634	17	is	be	AUX
ftr-441	1634	18	if	if	SCONJ
ftr-441	1634	19	the	the	DET
ftr-441	1634	20	partner	partner	NOUN
ftr-441	1634	21	to	to	PART
ftr-441	1634	22	whom	whom	PRON
ftr-441	1634	23	the	the	DET
ftr-441	1634	24	built	build	VERB
ftr-441	1634	25	-	-	PUNCT
ftr-441	1634	26	in	in	ADP
ftr-441	1634	27	amount	amount	NOUN
ftr-441	1634	28	is	be	AUX
ftr-441	1634	29	to	to	PART
ftr-441	1634	30	be	be	AUX
ftr-441	1634	31	allocated	allocate	VERB
ftr-441	1634	32	ceases	cease	VERB
ftr-441	1634	33	to	to	PART
ftr-441	1634	34	be	be	AUX
ftr-441	1634	35	a	a	DET
ftr-441	1634	36	partner	partner	NOUN
ftr-441	1634	37	prior	prior	ADV
ftr-441	1634	38	to	to	ADP
ftr-441	1634	39	such	such	ADJ
ftr-441	1634	40	allocation	allocation	NOUN
ftr-441	1634	41	.	.	PUNCT
ftr-441	1635	1	special	special	ADJ
ftr-441	1635	2	allocations	allocation	NOUN
ftr-441	1635	3	only	only	ADV
ftr-441	1635	4	serve	serve	VERB
ftr-441	1635	5	to	to	PART
ftr-441	1635	6	shift	shift	VERB
ftr-441	1635	7	tax	tax	NOUN
ftr-441	1635	8	items	item	NOUN
ftr-441	1635	9	among	among	ADP
ftr-441	1635	10	partners	partner	NOUN
ftr-441	1635	11	of	of	ADP
ftr-441	1635	12	the	the	DET
ftr-441	1635	13	234	234	NUM
ftr-441	1635	14	.	.	PUNCT
ftr-441	1636	1	regular	regular	ADJ
ftr-441	1636	2	special	special	ADJ
ftr-441	1636	3	allocations	allocation	NOUN
ftr-441	1636	4	of	of	ADP
ftr-441	1636	5	the	the	DET
ftr-441	1636	6	gains	gain	NOUN
ftr-441	1636	7	and	and	CCONJ
ftr-441	1636	8	other	other	ADJ
ftr-441	1636	9	tax	tax	NOUN
ftr-441	1636	10	items	item	NOUN
ftr-441	1636	11	from	from	ADP
ftr-441	1636	12	the	the	DET
ftr-441	1636	13	property	property	NOUN
ftr-441	1636	14	may	may	AUX
ftr-441	1636	15	also	also	ADV
ftr-441	1636	16	be	be	AUX
ftr-441	1636	17	permitted	permit	VERB
ftr-441	1636	18	or	or	CCONJ
ftr-441	1636	19	prohibited	prohibit	VERB
ftr-441	1636	20	depending	depend	VERB
ftr-441	1636	21	upon	upon	SCONJ
ftr-441	1636	22	compliance	compliance	NOUN
ftr-441	1636	23	with	with	ADP
ftr-441	1636	24	the	the	DET
ftr-441	1636	25	substantial	substantial	ADJ
ftr-441	1636	26	economic	economic	ADJ
ftr-441	1636	27	effect	effect	NOUN
ftr-441	1636	28	test	test	NOUN
ftr-441	1636	29	and	and	CCONJ
ftr-441	1636	30	one	one	NUM
ftr-441	1636	31	or	or	CCONJ
ftr-441	1636	32	more	more	ADJ
ftr-441	1636	33	subjective	subjective	ADJ
ftr-441	1636	34	purpose	purpose	NOUN
ftr-441	1636	35	standards	standard	NOUN
ftr-441	1636	36	.	.	PUNCT
ftr-441	1637	1	235	235	NUM
ftr-441	1637	2	.	.	PUNCT
ftr-441	1638	1	see	see	VERB
ftr-441	1638	2	regs	reg	NOUN
ftr-441	1638	3	.	.	PUNCT
ftr-441	1639	1	§	§	PROPN
ftr-441	1639	2	1.704	1.704	NUM
ftr-441	1639	3	-	-	NUM
ftr-441	1639	4	1(b)(4)(i	1(b)(4)(i	NUM
ftr-441	1639	5	)	)	PUNCT
ftr-441	1639	6	and	and	CCONJ
ftr-441	1639	7	-1(b)(5	-1(b)(5	PROPN
ftr-441	1639	8	)	)	PUNCT
ftr-441	1639	9	,	,	PUNCT
ftr-441	1639	10	exs	exs	PROPN
ftr-441	1639	11	.	.	PUNCT
ftr-441	1640	1	(	(	PUNCT
ftr-441	1640	2	14)(i	14)(i	NUM
ftr-441	1640	3	)	)	PUNCT
ftr-441	1640	4	(	(	PUNCT
ftr-441	1640	5	iv	iv	X
ftr-441	1640	6	)	)	PUNCT
ftr-441	1640	7	,	,	PUNCT
ftr-441	1640	8	(	(	PUNCT
ftr-441	1640	9	18)(ii	18)(ii	NUM
ftr-441	1640	10	)	)	PUNCT
ftr-441	1640	11	(	(	PUNCT
ftr-441	1640	12	xiii	xiii	PROPN
ftr-441	1640	13	)	)	PUNCT
ftr-441	1640	14	.	.	PUNCT
ftr-441	1641	1	236	236	NUM
ftr-441	1641	2	.	.	PUNCT
ftr-441	1642	1	see	see	VERB
ftr-441	1642	2	regs	reg	NOUN
ftr-441	1642	3	.	.	PUNCT
ftr-441	1643	1	§	§	PROPN
ftr-441	1643	2	1.704	1.704	NUM
ftr-441	1643	3	-	-	NUM
ftr-441	1643	4	3(a)(6)(i	3(a)(6)(i	NUM
ftr-441	1643	5	)	)	PUNCT
ftr-441	1643	6	.	.	PUNCT
ftr-441	1644	1	nor	nor	CCONJ
ftr-441	1644	2	are	be	AUX
ftr-441	1644	3	partnerships	partnership	NOUN
ftr-441	1644	4	required	require	VERB
ftr-441	1644	5	to	to	PART
ftr-441	1644	6	use	use	VERB
ftr-441	1644	7	the	the	DET
ftr-441	1644	8	same	same	ADJ
ftr-441	1644	9	allocation	allocation	NOUN
ftr-441	1644	10	method	method	NOUN
ftr-441	1644	11	in	in	ADP
ftr-441	1644	12	coping	cope	VERB
ftr-441	1644	13	with	with	ADP
ftr-441	1644	14	a	a	DET
ftr-441	1644	15	series	series	NOUN
ftr-441	1644	16	of	of	ADP
ftr-441	1644	17	reverse	reverse	ADJ
ftr-441	1644	18	§	§	PROPN
ftr-441	1644	19	704(c	704(c	PROPN
ftr-441	1644	20	)	)	PUNCT
ftr-441	1644	21	adjustments	adjustment	NOUN
ftr-441	1644	22	.	.	PUNCT
ftr-441	1645	1	see	see	VERB
ftr-441	1645	2	i	i	PRON
ftr-441	1645	3	d.	d.	PROPN
ftr-441	1645	4	237	237	NUM
ftr-441	1645	5	.	.	PUNCT
ftr-441	1646	1	query	query	NOUN
ftr-441	1646	2	whether	whether	SCONJ
ftr-441	1646	3	the	the	DET
ftr-441	1646	4	rule	rule	NOUN
ftr-441	1646	5	should	should	AUX
ftr-441	1646	6	also	also	ADV
ftr-441	1646	7	apply	apply	VERB
ftr-441	1646	8	to	to	ADP
ftr-441	1646	9	built	build	VERB
ftr-441	1646	10	-	-	PUNCT
ftr-441	1646	11	in	in	ADP
ftr-441	1646	12	gains	gain	NOUN
ftr-441	1646	13	or	or	CCONJ
ftr-441	1646	14	losses	loss	NOUN
ftr-441	1646	15	arising	arise	VERB
ftr-441	1646	16	not	not	PART
ftr-441	1646	17	just	just	ADV
ftr-441	1646	18	from	from	ADP
ftr-441	1646	19	a	a	DET
ftr-441	1646	20	contribution	contribution	NOUN
ftr-441	1646	21	but	but	CCONJ
ftr-441	1646	22	also	also	ADV
ftr-441	1646	23	in	in	ADP
ftr-441	1646	24	a	a	DET
ftr-441	1646	25	reverse	reverse	NOUN
ftr-441	1646	26	§	§	PROPN
ftr-441	1646	27	704(c	704(c	NOUN
ftr-441	1646	28	)	)	PUNCT
ftr-441	1646	29	situation	situation	NOUN
ftr-441	1646	30	.	.	PUNCT
ftr-441	1647	1	[	[	X
ftr-441	1647	2	vol	vol	NOUN
ftr-441	1647	3	4.3	4.3	NUM
ftr-441	1647	4	the	the	DET
ftr-441	1647	5	future	future	ADJ
ftr-441	1647	6	taxation	taxation	NOUN
ftr-441	1647	7	of	of	ADP
ftr-441	1647	8	private	private	ADJ
ftr-441	1647	9	business	business	NOUN
ftr-441	1647	10	firms	firm	NOUN
ftr-441	1647	11	partnership	partnership	NOUN
ftr-441	1647	12	;	;	PUNCT
ftr-441	1647	13	thus	thus	ADV
ftr-441	1647	14	,	,	PUNCT
ftr-441	1647	15	to	to	PART
ftr-441	1647	16	do	do	VERB
ftr-441	1647	17	the	the	DET
ftr-441	1647	18	job	job	NOUN
ftr-441	1647	19	right	right	ADV
ftr-441	1647	20	,	,	PUNCT
ftr-441	1647	21	one	one	PRON
ftr-441	1647	22	must	must	AUX
ftr-441	1647	23	monitor	monitor	VERB
ftr-441	1647	24	potential	potential	ADJ
ftr-441	1647	25	tax	tax	NOUN
ftr-441	1647	26	-	-	PUNCT
ftr-441	1647	27	free	free	ADJ
ftr-441	1647	28	disappearances	disappearance	NOUN
ftr-441	1647	29	of	of	ADP
ftr-441	1647	30	partners	partner	NOUN
ftr-441	1647	31	by	by	ADP
ftr-441	1647	32	means	mean	NOUN
ftr-441	1647	33	of	of	ADP
ftr-441	1647	34	,	,	PUNCT
ftr-441	1647	35	for	for	ADP
ftr-441	1647	36	example	example	NOUN
ftr-441	1647	37	,	,	PUNCT
ftr-441	1647	38	a	a	DET
ftr-441	1647	39	liquidation	liquidation	NOUN
ftr-441	1647	40	of	of	ADP
ftr-441	1647	41	the	the	DET
ftr-441	1647	42	partnership	partnership	NOUN
ftr-441	1647	43	interest	interest	NOUN
ftr-441	1647	44	.	.	PUNCT
ftr-441	1648	1	indeed	indeed	ADV
ftr-441	1648	2	,	,	PUNCT
ftr-441	1648	3	in	in	ADP
ftr-441	1648	4	certain	certain	ADJ
ftr-441	1648	5	cases	case	NOUN
ftr-441	1648	6	,	,	PUNCT
ftr-441	1648	7	tax	tax	NOUN
ftr-441	1648	8	advantage	advantage	NOUN
ftr-441	1648	9	may	may	AUX
ftr-441	1648	10	be	be	AUX
ftr-441	1648	11	gained	gain	VERB
ftr-441	1648	12	even	even	ADV
ftr-441	1648	13	if	if	SCONJ
ftr-441	1648	14	the	the	DET
ftr-441	1648	15	contributing	contribute	VERB
ftr-441	1648	16	partner	partner	NOUN
ftr-441	1648	17	does	do	AUX
ftr-441	1648	18	not	not	PART
ftr-441	1648	19	completely	completely	ADV
ftr-441	1648	20	disappear	disappear	VERB
ftr-441	1648	21	from	from	ADP
ftr-441	1648	22	the	the	DET
ftr-441	1648	23	scene	scene	NOUN
ftr-441	1648	24	,	,	PUNCT
ftr-441	1648	25	but	but	CCONJ
ftr-441	1648	26	is	be	AUX
ftr-441	1648	27	only	only	ADV
ftr-441	1648	28	the	the	DET
ftr-441	1648	29	recipient	recipient	NOUN
ftr-441	1648	30	of	of	ADP
ftr-441	1648	31	a	a	DET
ftr-441	1648	32	tax	tax	NOUN
ftr-441	1648	33	-	-	PUNCT
ftr-441	1648	34	free	free	ADJ
ftr-441	1648	35	distribution	distribution	NOUN
ftr-441	1648	36	.	.	PUNCT
ftr-441	1649	1	congress	congress	PROPN
ftr-441	1649	2	took	take	VERB
ftr-441	1649	3	its	its	PRON
ftr-441	1649	4	first	first	ADJ
ftr-441	1649	5	step	step	NOUN
ftr-441	1649	6	down	down	ADP
ftr-441	1649	7	this	this	DET
ftr-441	1649	8	road	road	NOUN
ftr-441	1649	9	by	by	ADP
ftr-441	1649	10	enacting	enact	VERB
ftr-441	1649	11	section	section	NOUN
ftr-441	1649	12	737	737	NUM
ftr-441	1649	13	which	which	PRON
ftr-441	1649	14	generally	generally	ADV
ftr-441	1649	15	treats	treat	VERB
ftr-441	1649	16	as	as	ADP
ftr-441	1649	17	a	a	DET
ftr-441	1649	18	gain	gain	NOUN
ftr-441	1649	19	recognition	recognition	NOUN
ftr-441	1649	20	event	event	NOUN
ftr-441	1649	21	a	a	DET
ftr-441	1649	22	distribution	distribution	NOUN
ftr-441	1649	23	of	of	ADP
ftr-441	1649	24	property	property	NOUN
ftr-441	1649	25	to	to	ADP
ftr-441	1649	26	a	a	DET
ftr-441	1649	27	partner	partner	NOUN
ftr-441	1649	28	who	who	PRON
ftr-441	1649	29	contributed	contribute	VERB
ftr-441	1649	30	builtin	builtin	NOUN
ftr-441	1649	31	gain	gain	VERB
ftr-441	1649	32	property	property	NOUN
ftr-441	1649	33	to	to	ADP
ftr-441	1649	34	the	the	DET
ftr-441	1649	35	partnership	partnership	NOUN
ftr-441	1649	36	within	within	ADP
ftr-441	1649	37	the	the	DET
ftr-441	1649	38	previous	previous	ADJ
ftr-441	1649	39	seven	seven	NUM
ftr-441	1649	40	years	year	NOUN
ftr-441	1649	41	.	.	PUNCT
ftr-441	1650	1	v.	v.	ADP
ftr-441	1650	2	section	section	NOUN
ftr-441	1651	1	707(a)(2)(b).-in	707(a)(2)(b).-in	NUM
ftr-441	1651	2	addition	addition	NOUN
ftr-441	1651	3	to	to	ADP
ftr-441	1651	4	incomeshifting	incomeshifte	VERB
ftr-441	1651	5	concerns	concern	NOUN
ftr-441	1651	6	,	,	PUNCT
ftr-441	1651	7	the	the	DET
ftr-441	1651	8	liberal	liberal	ADJ
ftr-441	1651	9	manner	manner	NOUN
ftr-441	1651	10	in	in	ADP
ftr-441	1651	11	which	which	PRON
ftr-441	1651	12	property	property	NOUN
ftr-441	1651	13	can	can	AUX
ftr-441	1651	14	enter	enter	VERB
ftr-441	1651	15	and	and	CCONJ
ftr-441	1651	16	leave	leave	VERB
ftr-441	1651	17	a	a	DET
ftr-441	1651	18	partnership	partnership	NOUN
ftr-441	1651	19	without	without	ADP
ftr-441	1651	20	the	the	DET
ftr-441	1651	21	recognition	recognition	NOUN
ftr-441	1651	22	of	of	ADP
ftr-441	1651	23	gain	gain	NOUN
ftr-441	1651	24	or	or	CCONJ
ftr-441	1651	25	loss	loss	NOUN
ftr-441	1651	26	raises	raise	VERB
ftr-441	1651	27	the	the	DET
ftr-441	1651	28	question	question	NOUN
ftr-441	1651	29	whether	whether	SCONJ
ftr-441	1651	30	the	the	DET
ftr-441	1651	31	contribution	contribution	NOUN
ftr-441	1651	32	and	and	CCONJ
ftr-441	1651	33	distribution	distribution	NOUN
ftr-441	1651	34	are	be	AUX
ftr-441	1651	35	in	in	ADP
ftr-441	1651	36	reality	reality	NOUN
ftr-441	1651	37	a	a	DET
ftr-441	1651	38	taxable	taxable	ADJ
ftr-441	1651	39	sale	sale	NOUN
ftr-441	1651	40	.	.	PUNCT
ftr-441	1652	1	section	section	NOUN
ftr-441	1652	2	707(a)(2)(b	707(a)(2)(b	PROPN
ftr-441	1652	3	)	)	PUNCT
ftr-441	1652	4	attempts	attempt	VERB
ftr-441	1652	5	to	to	PART
ftr-441	1652	6	make	make	VERB
ftr-441	1652	7	this	this	DET
ftr-441	1652	8	nebulous	nebulous	ADJ
ftr-441	1652	9	determination	determination	NOUN
ftr-441	1652	10	based	base	VERB
ftr-441	1652	11	upon	upon	SCONJ
ftr-441	1652	12	whether	whether	SCONJ
ftr-441	1652	13	the	the	DET
ftr-441	1652	14	two	two	NUM
ftr-441	1652	15	transfers	transfer	NOUN
ftr-441	1652	16	"	"	PUNCT
ftr-441	1652	17	are	be	AUX
ftr-441	1652	18	properly	properly	ADV
ftr-441	1652	19	characterized	characterize	VERB
ftr-441	1652	20	as	as	ADP
ftr-441	1652	21	a	a	DET
ftr-441	1652	22	sale	sale	NOUN
ftr-441	1652	23	or	or	CCONJ
ftr-441	1652	24	exchange	exchange	NOUN
ftr-441	1652	25	of	of	ADP
ftr-441	1652	26	property	property	NOUN
ftr-441	1652	27	.	.	PUNCT
ftr-441	1652	28	"	"	PUNCT
ftr-441	1653	1	the	the	DET
ftr-441	1653	2	regulations	regulation	NOUN
ftr-441	1653	3	interpret	interpret	VERB
ftr-441	1653	4	this	this	DET
ftr-441	1653	5	unhelpful	unhelpful	ADJ
ftr-441	1653	6	statutory	statutory	ADJ
ftr-441	1653	7	standard	standard	NOUN
ftr-441	1653	8	by	by	ADP
ftr-441	1653	9	creating	create	VERB
ftr-441	1653	10	a	a	DET
ftr-441	1653	11	two	two	NUM
ftr-441	1653	12	-	-	PUNCT
ftr-441	1653	13	year	year	NOUN
ftr-441	1653	14	rule	rule	NOUN
ftr-441	1653	15	of	of	ADP
ftr-441	1653	16	thumb	thumb	NOUN
ftr-441	1653	17	as	as	ADV
ftr-441	1653	18	well	well	ADV
ftr-441	1653	19	as	as	ADP
ftr-441	1653	20	a	a	DET
ftr-441	1653	21	series	series	NOUN
ftr-441	1653	22	of	of	ADP
ftr-441	1653	23	additional	additional	ADJ
ftr-441	1653	24	rules	rule	NOUN
ftr-441	1653	25	.	.	PUNCT
ftr-441	1654	1	there	there	PRON
ftr-441	1654	2	is	be	VERB
ftr-441	1654	3	a	a	DET
ftr-441	1654	4	rebuttable	rebuttable	ADJ
ftr-441	1654	5	presumption	presumption	NOUN
ftr-441	1654	6	that	that	SCONJ
ftr-441	1654	7	transfers	transfer	NOUN
ftr-441	1654	8	occurring	occur	VERB
ftr-441	1654	9	within	within	ADP
ftr-441	1654	10	two	two	NUM
ftr-441	1654	11	years	year	NOUN
ftr-441	1654	12	of	of	ADP
ftr-441	1654	13	one	one	NUM
ftr-441	1654	14	another	another	PRON
ftr-441	1654	15	constitute	constitute	VERB
ftr-441	1654	16	a	a	DET
ftr-441	1654	17	sale	sale	NOUN
ftr-441	1654	18	or	or	CCONJ
ftr-441	1654	19	exchange	exchange	NOUN
ftr-441	1654	20	and	and	CCONJ
ftr-441	1654	21	that	that	SCONJ
ftr-441	1654	22	those	those	PRON
ftr-441	1654	23	outside	outside	ADP
ftr-441	1654	24	that	that	DET
ftr-441	1654	25	time	time	NOUN
ftr-441	1654	26	frame	frame	NOUN
ftr-441	1654	27	are	be	AUX
ftr-441	1654	28	not"23	not"23	NOUN
ftr-441	1654	29	vi	vi	PROPN
ftr-441	1654	30	.	.	PROPN
ftr-441	1654	31	section	section	NOUN
ftr-441	1654	32	731(c).-a	731(c).-a	NUM
ftr-441	1654	33	related	relate	VERB
ftr-441	1654	34	concern	concern	NOUN
ftr-441	1654	35	is	be	AUX
ftr-441	1654	36	addressed	address	VERB
ftr-441	1654	37	by	by	ADP
ftr-441	1654	38	section	section	NOUN
ftr-441	1654	39	731(c	731(c	PROPN
ftr-441	1654	40	)	)	PUNCT
ftr-441	1654	41	,	,	PUNCT
ftr-441	1654	42	enacted	enact	VERB
ftr-441	1654	43	in	in	ADP
ftr-441	1654	44	late	late	ADJ
ftr-441	1654	45	1994	1994	NUM
ftr-441	1654	46	.	.	PUNCT
ftr-441	1655	1	recall	recall	VERB
ftr-441	1655	2	that	that	SCONJ
ftr-441	1655	3	cash	cash	NOUN
ftr-441	1655	4	distributions	distribution	NOUN
ftr-441	1655	5	from	from	ADP
ftr-441	1655	6	a	a	DET
ftr-441	1655	7	partnership	partnership	NOUN
ftr-441	1655	8	are	be	AUX
ftr-441	1655	9	generally	generally	ADV
ftr-441	1655	10	taxable	taxable	ADJ
ftr-441	1655	11	to	to	ADP
ftr-441	1655	12	the	the	DET
ftr-441	1655	13	extent	extent	NOUN
ftr-441	1655	14	the	the	DET
ftr-441	1655	15	cash	cash	NOUN
ftr-441	1655	16	exceeds	exceed	VERB
ftr-441	1655	17	the	the	DET
ftr-441	1655	18	distributee	distributee	NOUN
ftr-441	1655	19	's	's	PART
ftr-441	1655	20	basis	basis	NOUN
ftr-441	1655	21	in	in	ADP
ftr-441	1655	22	the	the	DET
ftr-441	1655	23	partnership	partnership	NOUN
ftr-441	1655	24	,	,	PUNCT
ftr-441	1655	25	but	but	CCONJ
ftr-441	1655	26	property	property	NOUN
ftr-441	1655	27	distributions	distribution	NOUN
ftr-441	1655	28	are	be	AUX
ftr-441	1655	29	generally	generally	ADV
ftr-441	1655	30	taxfree	taxfree	ADJ
ftr-441	1655	31	.	.	PUNCT
ftr-441	1656	1	in	in	ADP
ftr-441	1656	2	a	a	DET
ftr-441	1656	3	remarkably	remarkably	ADV
ftr-441	1656	4	convoluted	convoluted	ADJ
ftr-441	1656	5	rule	rule	NOUN
ftr-441	1656	6	,	,	PUNCT
ftr-441	1656	7	section	section	NOUN
ftr-441	1656	8	731(c	731(c	PROPN
ftr-441	1656	9	)	)	PUNCT
ftr-441	1656	10	treats	treat	VERB
ftr-441	1656	11	a	a	DET
ftr-441	1656	12	portion	portion	NOUN
ftr-441	1656	13	of	of	ADP
ftr-441	1656	14	"	"	PUNCT
ftr-441	1656	15	marketable	marketable	ADJ
ftr-441	1656	16	securities	security	NOUN
ftr-441	1656	17	"	"	PUNCT
ftr-441	1656	18	as	as	ADP
ftr-441	1656	19	cash	cash	NOUN
ftr-441	1656	20	for	for	ADP
ftr-441	1656	21	purposes	purpose	NOUN
ftr-441	1656	22	of	of	ADP
ftr-441	1656	23	the	the	DET
ftr-441	1656	24	distribution	distribution	NOUN
ftr-441	1656	25	rule	rule	NOUN
ftr-441	1656	26	.	.	PUNCT
ftr-441	1657	1	thus	thus	ADV
ftr-441	1657	2	,	,	PUNCT
ftr-441	1657	3	a	a	DET
ftr-441	1657	4	distribution	distribution	NOUN
ftr-441	1657	5	of	of	ADP
ftr-441	1657	6	marketable	marketable	ADJ
ftr-441	1657	7	securities	security	NOUN
ftr-441	1657	8	may	may	AUX
ftr-441	1657	9	result	result	VERB
ftr-441	1657	10	in	in	ADP
ftr-441	1657	11	gain	gain	NOUN
ftr-441	1657	12	recognition	recognition	NOUN
ftr-441	1657	13	to	to	ADP
ftr-441	1657	14	the	the	DET
ftr-441	1657	15	distributee	distributee	NOUN
ftr-441	1657	16	.	.	PUNCT
ftr-441	1658	1	according	accord	VERB
ftr-441	1658	2	to	to	ADP
ftr-441	1658	3	the	the	DET
ftr-441	1658	4	legislative	legislative	ADJ
ftr-441	1658	5	history	history	NOUN
ftr-441	1658	6	,	,	PUNCT
ftr-441	1658	7	the	the	DET
ftr-441	1658	8	transaction	transaction	NOUN
ftr-441	1658	9	is	be	AUX
ftr-441	1658	10	the	the	DET
ftr-441	1658	11	"	"	PUNCT
ftr-441	1658	12	economic	economic	ADJ
ftr-441	1658	13	equivalent	equivalent	NOUN
ftr-441	1658	14	of	of	ADP
ftr-441	1658	15	a	a	DET
ftr-441	1658	16	sale	sale	NOUN
ftr-441	1658	17	of	of	ADP
ftr-441	1658	18	a	a	DET
ftr-441	1658	19	partner	partner	NOUN
ftr-441	1658	20	's	's	PART
ftr-441	1658	21	share	share	NOUN
ftr-441	1658	22	of	of	ADP
ftr-441	1658	23	the	the	DET
ftr-441	1658	24	partnership	partnership	NOUN
ftr-441	1658	25	's	's	PART
ftr-441	1658	26	[	[	X
ftr-441	1658	27	other	other	ADJ
ftr-441	1658	28	]	]	X
ftr-441	1658	29	assets	asset	NOUN
ftr-441	1658	30	"	"	PUNCT
ftr-441	1658	31	for	for	ADP
ftr-441	1658	32	an	an	DET
ftr-441	1658	33	increased	increase	VERB
ftr-441	1658	34	share	share	NOUN
ftr-441	1658	35	of	of	ADP
ftr-441	1658	36	the	the	DET
ftr-441	1658	37	partnership	partnership	NOUN
ftr-441	1658	38	's	's	PART
ftr-441	1658	39	marketable	marketable	ADJ
ftr-441	1658	40	securities	security	NOUN
ftr-441	1658	41	.	.	PUNCT
ftr-441	1658	42	"	"	PUNCT
ftr-441	1659	1	this	this	DET
ftr-441	1659	2	characterization	characterization	NOUN
ftr-441	1659	3	of	of	ADP
ftr-441	1659	4	the	the	DET
ftr-441	1659	5	transaction	transaction	NOUN
ftr-441	1659	6	bears	bear	VERB
ftr-441	1659	7	resemblance	resemblance	VERB
ftr-441	1659	8	to	to	ADP
ftr-441	1659	9	section	section	NOUN
ftr-441	1659	10	751(b	751(b	PROPN
ftr-441	1659	11	)	)	PUNCT
ftr-441	1659	12	,	,	PUNCT
ftr-441	1659	13	described	describe	VERB
ftr-441	1659	14	next	next	ADV
ftr-441	1659	15	.	.	PUNCT
ftr-441	1660	1	vii	vii	PROPN
ftr-441	1660	2	.	.	PROPN
ftr-441	1660	3	sections	section	NOUN
ftr-441	1660	4	724	724	NUM
ftr-441	1660	5	,	,	PUNCT
ftr-441	1660	6	735	735	NUM
ftr-441	1660	7	,	,	PUNCT
ftr-441	1660	8	and	and	CCONJ
ftr-441	1660	9	751(b).-liberal	751(b).-liberal	ADJ
ftr-441	1660	10	nonrecognition	nonrecognition	NOUN
ftr-441	1660	11	rules	rule	NOUN
ftr-441	1660	12	on	on	ADP
ftr-441	1660	13	property	property	NOUN
ftr-441	1660	14	transfers	transfer	NOUN
ftr-441	1660	15	breed	breed	VERB
ftr-441	1660	16	a	a	DET
ftr-441	1660	17	greater	great	ADJ
ftr-441	1660	18	need	need	NOUN
ftr-441	1660	19	for	for	ADP
ftr-441	1660	20	income	income	NOUN
ftr-441	1660	21	character	character	NOUN
ftr-441	1660	22	tracing	trace	VERB
ftr-441	1660	23	rules	rule	NOUN
ftr-441	1660	24	to	to	PART
ftr-441	1660	25	prevent	prevent	VERB
ftr-441	1660	26	a	a	DET
ftr-441	1660	27	character	character	NOUN
ftr-441	1660	28	shift	shift	NOUN
ftr-441	1660	29	when	when	SCONJ
ftr-441	1660	30	the	the	DET
ftr-441	1660	31	tax	tax	NOUN
ftr-441	1660	32	consequences	consequence	NOUN
ftr-441	1660	33	from	from	ADP
ftr-441	1660	34	the	the	DET
ftr-441	1660	35	property	property	NOUN
ftr-441	1660	36	are	be	AUX
ftr-441	1660	37	ultimately	ultimately	ADV
ftr-441	1660	38	recognized	recognize	VERB
ftr-441	1660	39	.	.	PUNCT
ftr-441	1661	1	section	section	NOUN
ftr-441	1661	2	724	724	NUM
ftr-441	1661	3	traces	trace	VERB
ftr-441	1661	4	the	the	DET
ftr-441	1661	5	character	character	NOUN
ftr-441	1661	6	238	238	NUM
ftr-441	1661	7	.	.	PUNCT
ftr-441	1662	1	see	see	VERB
ftr-441	1662	2	regs	reg	NOUN
ftr-441	1662	3	.	.	PUNCT
ftr-441	1663	1	§	§	PROPN
ftr-441	1663	2	1.707	1.707	NUM
ftr-441	1663	3	-	-	SYM
ftr-441	1663	4	3(c)(1	3(c)(1	NUM
ftr-441	1663	5	)	)	PUNCT
ftr-441	1663	6	,	,	PUNCT
ftr-441	1663	7	-3(d	-3(d	PROPN
ftr-441	1663	8	)	)	PUNCT
ftr-441	1663	9	.	.	PUNCT
ftr-441	1664	1	239	239	NUM
ftr-441	1664	2	.	.	PUNCT
ftr-441	1664	3	h.r	h.r	PROPN
ftr-441	1664	4	.	.	PROPN
ftr-441	1664	5	rep	rep	PROPN
ftr-441	1664	6	.	.	PROPN
ftr-441	1664	7	no	no	PROPN
ftr-441	1664	8	.	.	PROPN
ftr-441	1664	9	826	826	NUM
ftr-441	1664	10	,	,	PUNCT
ftr-441	1664	11	103d	103d	NUM
ftr-441	1664	12	cong	cong	NOUN
ftr-441	1664	13	.	.	PROPN
ftr-441	1664	14	,	,	PUNCT
ftr-441	1664	15	2d	2d	PROPN
ftr-441	1664	16	sess	sess	NOUN
ftr-441	1664	17	.	.	PUNCT
ftr-441	1665	1	187	187	NUM
ftr-441	1665	2	(	(	PUNCT
ftr-441	1665	3	1994	1994	NUM
ftr-441	1665	4	)	)	PUNCT
ftr-441	1665	5	,	,	PUNCT
ftr-441	1665	6	reprinted	reprint	VERB
ftr-441	1665	7	in	in	ADP
ftr-441	1665	8	1994	1994	NUM
ftr-441	1665	9	u.s.c.c.an	u.s.c.c.an	NOUN
ftr-441	1665	10	.	.	PUNCT
ftr-441	1665	11	3959	3959	NUM
ftr-441	1665	12	.	.	PUNCT
ftr-441	1666	1	1999	1999	NUM
ftr-441	1666	2	]	]	PUNCT
ftr-441	1666	3	florida	florida	PROPN
ftr-441	1666	4	tax	tax	PROPN
ftr-441	1666	5	review	review	NOUN
ftr-441	1666	6	of	of	ADP
ftr-441	1666	7	contributed	contribute	VERB
ftr-441	1666	8	property	property	NOUN
ftr-441	1666	9	and	and	CCONJ
ftr-441	1666	10	section	section	NOUN
ftr-441	1666	11	735	735	NUM
ftr-441	1666	12	serves	serve	VERB
ftr-441	1666	13	the	the	DET
ftr-441	1666	14	same	same	ADJ
ftr-441	1666	15	purpose	purpose	NOUN
ftr-441	1666	16	for	for	ADP
ftr-441	1666	17	distributed	distribute	VERB
ftr-441	1666	18	property	property	NOUN
ftr-441	1666	19	.	.	PUNCT
ftr-441	1667	1	in	in	ADP
ftr-441	1667	2	addition	addition	NOUN
ftr-441	1667	3	,	,	PUNCT
ftr-441	1667	4	section	section	NOUN
ftr-441	1667	5	751(b	751(b	PROPN
ftr-441	1667	6	)	)	PUNCT
ftr-441	1667	7	recharacterizes	recharacterize	VERB
ftr-441	1667	8	a	a	DET
ftr-441	1667	9	distribution	distribution	NOUN
ftr-441	1667	10	as	as	ADP
ftr-441	1667	11	a	a	DET
ftr-441	1667	12	taxable	taxable	ADJ
ftr-441	1667	13	exchange	exchange	NOUN
ftr-441	1667	14	by	by	ADP
ftr-441	1667	15	the	the	DET
ftr-441	1667	16	partners	partner	NOUN
ftr-441	1667	17	if	if	SCONJ
ftr-441	1667	18	,	,	PUNCT
ftr-441	1667	19	as	as	ADP
ftr-441	1667	20	a	a	DET
ftr-441	1667	21	result	result	NOUN
ftr-441	1667	22	of	of	ADP
ftr-441	1667	23	the	the	DET
ftr-441	1667	24	distribution	distribution	NOUN
ftr-441	1667	25	,	,	PUNCT
ftr-441	1667	26	there	there	PRON
ftr-441	1667	27	is	be	VERB
ftr-441	1667	28	a	a	DET
ftr-441	1667	29	change	change	NOUN
ftr-441	1667	30	in	in	ADP
ftr-441	1667	31	the	the	DET
ftr-441	1667	32	partners	partner	NOUN
ftr-441	1667	33	'	'	PART
ftr-441	1667	34	share	share	NOUN
ftr-441	1667	35	of	of	ADP
ftr-441	1667	36	the	the	DET
ftr-441	1667	37	ordinary	ordinary	ADJ
ftr-441	1667	38	income	income	NOUN
ftr-441	1667	39	items	item	NOUN
ftr-441	1667	40	of	of	ADP
ftr-441	1667	41	the	the	DET
ftr-441	1667	42	partnership	partnership	NOUN
ftr-441	1667	43	.	.	PUNCT
ftr-441	1668	1	because	because	SCONJ
ftr-441	1668	2	its	its	PRON
ftr-441	1668	3	operative	operative	ADJ
ftr-441	1668	4	impact	impact	NOUN
ftr-441	1668	5	is	be	AUX
ftr-441	1668	6	to	to	PART
ftr-441	1668	7	create	create	VERB
ftr-441	1668	8	an	an	DET
ftr-441	1668	9	exchange	exchange	NOUN
ftr-441	1668	10	among	among	ADP
ftr-441	1668	11	the	the	DET
ftr-441	1668	12	partners	partner	NOUN
ftr-441	1668	13	,	,	PUNCT
ftr-441	1668	14	section	section	NOUN
ftr-441	1668	15	751(b	751(b	PROPN
ftr-441	1668	16	)	)	PUNCT
ftr-441	1668	17	also	also	ADV
ftr-441	1668	18	has	have	VERB
ftr-441	1668	19	an	an	DET
ftr-441	1668	20	important	important	ADJ
ftr-441	1668	21	effect	effect	NOUN
ftr-441	1668	22	on	on	ADP
ftr-441	1668	23	the	the	DET
ftr-441	1668	24	timing	timing	NOUN
ftr-441	1668	25	of	of	ADP
ftr-441	1668	26	the	the	DET
ftr-441	1668	27	recognition	recognition	NOUN
ftr-441	1668	28	event	event	NOUN
ftr-441	1668	29	.	.	PUNCT
ftr-441	1669	1	in	in	ADP
ftr-441	1669	2	a	a	DET
ftr-441	1669	3	partnership	partnership	NOUN
ftr-441	1669	4	distribution	distribution	NOUN
ftr-441	1669	5	,	,	PUNCT
ftr-441	1669	6	the	the	DET
ftr-441	1669	7	provision	provision	NOUN
ftr-441	1669	8	can	can	AUX
ftr-441	1669	9	,	,	PUNCT
ftr-441	1669	10	with	with	ADP
ftr-441	1669	11	great	great	ADJ
ftr-441	1669	12	surprise	surprise	NOUN
ftr-441	1669	13	,	,	PUNCT
ftr-441	1669	14	result	result	VERB
ftr-441	1669	15	in	in	ADP
ftr-441	1669	16	the	the	DET
ftr-441	1669	17	taxation	taxation	NOUN
ftr-441	1669	18	of	of	ADP
ftr-441	1669	19	a	a	DET
ftr-441	1669	20	partner	partner	NOUN
ftr-441	1669	21	who	who	PRON
ftr-441	1669	22	is	be	AUX
ftr-441	1669	23	not	not	PART
ftr-441	1669	24	a	a	DET
ftr-441	1669	25	distributee	distributee	NOUN
ftr-441	1669	26	on	on	ADP
ftr-441	1669	27	gains	gain	NOUN
ftr-441	1669	28	inherent	inherent	ADJ
ftr-441	1669	29	in	in	ADP
ftr-441	1669	30	property	property	NOUN
ftr-441	1669	31	which	which	PRON
ftr-441	1669	32	is	be	AUX
ftr-441	1669	33	not	not	PART
ftr-441	1669	34	distributed.24	distributed.24	PRON
ftr-441	1669	35	as	as	SCONJ
ftr-441	1669	36	noted	note	VERB
ftr-441	1669	37	,	,	PUNCT
ftr-441	1669	38	one	one	NUM
ftr-441	1669	39	partnership	partnership	NOUN
ftr-441	1669	40	tax	tax	NOUN
ftr-441	1669	41	expert	expert	NOUN
ftr-441	1669	42	has	have	AUX
ftr-441	1669	43	asserted	assert	VERB
ftr-441	1669	44	that	that	SCONJ
ftr-441	1669	45	there	there	PRON
ftr-441	1669	46	is	be	VERB
ftr-441	1669	47	a	a	DET
ftr-441	1669	48	mere	mere	ADJ
ftr-441	1669	49	2	2	NUM
ftr-441	1669	50	-	-	SYM
ftr-441	1669	51	1/2	1/2	NUM
ftr-441	1669	52	%	%	NOUN
ftr-441	1669	53	compliance	compliance	NOUN
ftr-441	1669	54	rate	rate	NOUN
ftr-441	1669	55	with	with	ADP
ftr-441	1669	56	section	section	NOUN
ftr-441	1669	57	751(b)241	751(b)241	NOUN
ftr-441	1669	58	and	and	CCONJ
ftr-441	1669	59	another	another	PRON
ftr-441	1669	60	has	have	AUX
ftr-441	1669	61	characterized	characterize	VERB
ftr-441	1669	62	it	it	PRON
ftr-441	1669	63	as	as	ADP
ftr-441	1669	64	"	"	PUNCT
ftr-441	1669	65	the	the	DET
ftr-441	1669	66	achilles	achilles	NOUN
ftr-441	1669	67	heel	heel	NOUN
ftr-441	1669	68	of	of	ADP
ftr-441	1669	69	subchapter	subchapter	NOUN
ftr-441	1669	70	k.	k.	PROPN
ftr-441	1669	71	242	242	NUM
ftr-441	1669	72	viii	viii	ADJ
ftr-441	1669	73	.	.	PUNCT
ftr-441	1670	1	subjective	subjective	ADJ
ftr-441	1670	2	purpose.-finally	purpose.-finally	PROPN
ftr-441	1670	3	,	,	PUNCT
ftr-441	1670	4	the	the	DET
ftr-441	1670	5	general	general	ADJ
ftr-441	1670	6	"	"	PUNCT
ftr-441	1670	7	antiabuse	antiabuse	ADJ
ftr-441	1670	8	"	"	PUNCT
ftr-441	1670	9	regulation	regulation	NOUN
ftr-441	1670	10	in	in	ADP
ftr-441	1670	11	the	the	DET
ftr-441	1670	12	partnership	partnership	NOUN
ftr-441	1670	13	area	area	NOUN
ftr-441	1670	14	overlays	overlay	VERB
ftr-441	1670	15	all	all	PRON
ftr-441	1670	16	of	of	ADP
ftr-441	1670	17	the	the	DET
ftr-441	1670	18	foregoing	forego	VERB
ftr-441	1670	19	rules	rule	NOUN
ftr-441	1670	20	and	and	CCONJ
ftr-441	1670	21	may	may	AUX
ftr-441	1670	22	operate	operate	VERB
ftr-441	1670	23	to	to	PART
ftr-441	1670	24	reverse	reverse	VERB
ftr-441	1670	25	the	the	DET
ftr-441	1670	26	tax	tax	NOUN
ftr-441	1670	27	consequences	consequence	NOUN
ftr-441	1670	28	of	of	ADP
ftr-441	1670	29	any	any	DET
ftr-441	1670	30	one	one	NUM
ftr-441	1670	31	of	of	ADP
ftr-441	1670	32	them.243	them.243	NOUN
ftr-441	1670	33	as	as	SCONJ
ftr-441	1670	34	previously	previously	ADV
ftr-441	1670	35	noted	note	VERB
ftr-441	1670	36	,	,	PUNCT
ftr-441	1670	37	the	the	DET
ftr-441	1670	38	rule	rule	NOUN
ftr-441	1670	39	may	may	AUX
ftr-441	1670	40	even	even	ADV
ftr-441	1670	41	override	override	VERB
ftr-441	1670	42	the	the	DET
ftr-441	1670	43	taxpayer	taxpayer	NOUN
ftr-441	1670	44	's	's	PART
ftr-441	1670	45	compliance	compliance	NOUN
ftr-441	1670	46	with	with	ADP
ftr-441	1670	47	some	some	DET
ftr-441	1670	48	other	other	ADJ
ftr-441	1670	49	,	,	PUNCT
ftr-441	1670	50	more	more	ADV
ftr-441	1670	51	specific	specific	ADJ
ftr-441	1670	52	,	,	PUNCT
ftr-441	1670	53	anti	anti	ADJ
ftr-441	1670	54	-	-	ADJ
ftr-441	1670	55	abuse	abuse	ADJ
ftr-441	1670	56	rule	rule	NOUN
ftr-441	1670	57	,	,	PUNCT
ftr-441	1670	58	such	such	ADJ
ftr-441	1670	59	as	as	ADP
ftr-441	1670	60	the	the	DET
ftr-441	1670	61	disguised	disguise	VERB
ftr-441	1670	62	sale	sale	NOUN
ftr-441	1670	63	provision	provision	NOUN
ftr-441	1670	64	in	in	ADP
ftr-441	1670	65	section	section	NOUN
ftr-441	1670	66	707.2	707.2	NUM
ftr-441	1670	67	'	'	PART
ftr-441	1670	68	d.	d.	NOUN
ftr-441	1670	69	analysis	analysis	NOUN
ftr-441	1670	70	of	of	ADP
ftr-441	1670	71	current	current	ADJ
ftr-441	1671	1	law.-as	law.-as	INTJ
ftr-441	1671	2	we	we	PRON
ftr-441	1671	3	have	have	AUX
ftr-441	1671	4	seen	see	VERB
ftr-441	1671	5	,	,	PUNCT
ftr-441	1671	6	the	the	DET
ftr-441	1671	7	partnership	partnership	NOUN
ftr-441	1671	8	tax	tax	NOUN
ftr-441	1671	9	rules	rule	NOUN
ftr-441	1671	10	are	be	AUX
ftr-441	1671	11	more	more	ADV
ftr-441	1671	12	liberal	liberal	ADJ
ftr-441	1671	13	than	than	ADP
ftr-441	1671	14	the	the	DET
ftr-441	1671	15	s	s	PART
ftr-441	1671	16	corporation	corporation	NOUN
ftr-441	1671	17	rules	rule	VERB
ftr-441	1671	18	in	in	ADP
ftr-441	1671	19	providing	provide	VERB
ftr-441	1671	20	nonrecognition	nonrecognition	NOUN
ftr-441	1671	21	of	of	ADP
ftr-441	1671	22	gains	gain	NOUN
ftr-441	1671	23	and	and	CCONJ
ftr-441	1671	24	losses	loss	NOUN
ftr-441	1671	25	upon	upon	SCONJ
ftr-441	1671	26	property	property	NOUN
ftr-441	1671	27	transfers	transfer	NOUN
ftr-441	1671	28	to	to	ADP
ftr-441	1671	29	and	and	CCONJ
ftr-441	1671	30	from	from	ADP
ftr-441	1671	31	the	the	DET
ftr-441	1671	32	firm	firm	NOUN
ftr-441	1671	33	and	and	CCONJ
ftr-441	1671	34	,	,	PUNCT
ftr-441	1671	35	as	as	ADP
ftr-441	1671	36	a	a	DET
ftr-441	1671	37	result	result	NOUN
ftr-441	1671	38	,	,	PUNCT
ftr-441	1671	39	a	a	DET
ftr-441	1671	40	veritable	veritable	ADJ
ftr-441	1671	41	array	array	NOUN
ftr-441	1671	42	of	of	ADP
ftr-441	1671	43	highly	highly	ADV
ftr-441	1671	44	complex	complex	ADJ
ftr-441	1671	45	,	,	PUNCT
ftr-441	1671	46	anti	anti	ADJ
ftr-441	1671	47	-	-	ADJ
ftr-441	1671	48	abuse	abuse	ADJ
ftr-441	1671	49	rules	rule	NOUN
ftr-441	1671	50	,	,	PUNCT
ftr-441	1671	51	some	some	DET
ftr-441	1671	52	mechanical	mechanical	ADJ
ftr-441	1671	53	in	in	ADP
ftr-441	1671	54	application	application	NOUN
ftr-441	1671	55	and	and	CCONJ
ftr-441	1671	56	some	some	PRON
ftr-441	1671	57	based	base	VERB
ftr-441	1671	58	on	on	ADP
ftr-441	1671	59	subjective	subjective	ADJ
ftr-441	1671	60	standards	standard	NOUN
ftr-441	1671	61	,	,	PUNCT
ftr-441	1671	62	have	have	AUX
ftr-441	1671	63	also	also	ADV
ftr-441	1671	64	developed	develop	VERB
ftr-441	1671	65	in	in	ADP
ftr-441	1671	66	the	the	DET
ftr-441	1671	67	partnership	partnership	NOUN
ftr-441	1671	68	area.245	area.245	PROPN
ftr-441	1671	69	although	although	SCONJ
ftr-441	1671	70	certain	certain	ADJ
ftr-441	1671	71	of	of	ADP
ftr-441	1671	72	the	the	DET
ftr-441	1671	73	same	same	ADJ
ftr-441	1671	74	concerns	concern	NOUN
ftr-441	1671	75	in	in	ADP
ftr-441	1671	76	the	the	DET
ftr-441	1671	77	partnership	partnership	NOUN
ftr-441	1671	78	area	area	NOUN
ftr-441	1671	79	are	be	AUX
ftr-441	1671	80	present	present	ADJ
ftr-441	1671	81	for	for	ADP
ftr-441	1671	82	taxpayers	taxpayer	NOUN
ftr-441	1671	83	in	in	ADP
ftr-441	1671	84	a	a	DET
ftr-441	1671	85	subchapter	subchapter	NOUN
ftr-441	1671	86	s	s	AUX
ftr-441	1671	87	setting	setting	NOUN
ftr-441	1671	88	,	,	PUNCT
ftr-441	1671	89	the	the	DET
ftr-441	1671	90	s	s	NOUN
ftr-441	1671	91	rules	rule	NOUN
ftr-441	1671	92	are	be	AUX
ftr-441	1671	93	remarkably	remarkably	ADV
ftr-441	1671	94	free	free	ADJ
ftr-441	1671	95	of	of	ADP
ftr-441	1671	96	the	the	DET
ftr-441	1671	97	same	same	ADJ
ftr-441	1671	98	complications.246	complications.246	NOUN
ftr-441	1671	99	in	in	ADP
ftr-441	1671	100	240	240	NUM
ftr-441	1671	101	.	.	PUNCT
ftr-441	1672	1	see	see	VERB
ftr-441	1672	2	,	,	PUNCT
ftr-441	1672	3	e.g.	e.g.	ADV
ftr-441	1672	4	,	,	PUNCT
ftr-441	1672	5	regs	reg	NOUN
ftr-441	1672	6	.	.	PUNCT
ftr-441	1673	1	§	§	PROPN
ftr-441	1673	2	1.751	1.751	NUM
ftr-441	1673	3	-	-	SYM
ftr-441	1673	4	1(g	1(g	NUM
ftr-441	1673	5	)	)	PUNCT
ftr-441	1673	6	,	,	PUNCT
ftr-441	1673	7	ex	ex	X
ftr-441	1673	8	.	.	PUNCT
ftr-441	1673	9	(	(	PUNCT
ftr-441	1673	10	3	3	NUM
ftr-441	1673	11	)	)	PUNCT
ftr-441	1673	12	.	.	PUNCT
ftr-441	1674	1	241	241	X
ftr-441	1674	2	.	.	PUNCT
ftr-441	1674	3	hearings	hearing	NOUN
ftr-441	1674	4	,	,	PUNCT
ftr-441	1674	5	supra	supra	PROPN
ftr-441	1674	6	note	note	PROPN
ftr-441	1674	7	63	63	NUM
ftr-441	1674	8	(	(	PUNCT
ftr-441	1674	9	statement	statement	NOUN
ftr-441	1674	10	of	of	ADP
ftr-441	1674	11	joel	joel	PROPN
ftr-441	1674	12	rabinovitz	rabinovitz	PROPN
ftr-441	1674	13	)	)	PUNCT
ftr-441	1674	14	.	.	PUNCT
ftr-441	1675	1	242	242	NUM
ftr-441	1675	2	.	.	PUNCT
ftr-441	1676	1	see	see	VERB
ftr-441	1676	2	eustice	eustice	NOUN
ftr-441	1676	3	,	,	PUNCT
ftr-441	1676	4	supra	supra	PROPN
ftr-441	1676	5	note	note	PROPN
ftr-441	1676	6	175	175	NUM
ftr-441	1676	7	,	,	PUNCT
ftr-441	1676	8	at	at	ADP
ftr-441	1676	9	383	383	NUM
ftr-441	1676	10	.	.	PUNCT
ftr-441	1677	1	243	243	NUM
ftr-441	1677	2	.	.	PUNCT
ftr-441	1678	1	see	see	VERB
ftr-441	1678	2	regs	reg	NOUN
ftr-441	1678	3	.	.	PUNCT
ftr-441	1679	1	§	§	PROPN
ftr-441	1679	2	1.701	1.701	NUM
ftr-441	1679	3	-	-	SYM
ftr-441	1679	4	2(b	2(b	NUM
ftr-441	1679	5	)	)	PUNCT
ftr-441	1679	6	.	.	PUNCT
ftr-441	1680	1	244	244	NUM
ftr-441	1680	2	.	.	PUNCT
ftr-441	1681	1	see	see	VERB
ftr-441	1681	2	supra	supra	PROPN
ftr-441	1681	3	note	note	PROPN
ftr-441	1681	4	70	70	NUM
ftr-441	1681	5	.	.	PUNCT
ftr-441	1682	1	245	245	NUM
ftr-441	1682	2	.	.	PUNCT
ftr-441	1683	1	for	for	ADP
ftr-441	1683	2	criticism	criticism	NOUN
ftr-441	1683	3	of	of	ADP
ftr-441	1683	4	these	these	DET
ftr-441	1683	5	anti	anti	ADJ
ftr-441	1683	6	-	-	ADJ
ftr-441	1683	7	abuse	abuse	ADJ
ftr-441	1683	8	protections	protection	NOUN
ftr-441	1683	9	,	,	PUNCT
ftr-441	1683	10	see	see	VERB
ftr-441	1683	11	mark	mark	PROPN
ftr-441	1683	12	p.	p.	PROPN
ftr-441	1683	13	gergen	gergen	PROPN
ftr-441	1683	14	,	,	PUNCT
ftr-441	1683	15	reforming	reform	VERB
ftr-441	1683	16	subchapter	subchapter	NOUN
ftr-441	1683	17	k	k	NOUN
ftr-441	1683	18	:	:	PUNCT
ftr-441	1683	19	contributions	contribution	NOUN
ftr-441	1683	20	and	and	CCONJ
ftr-441	1683	21	distributions	distribution	NOUN
ftr-441	1683	22	,	,	PUNCT
ftr-441	1683	23	47	47	NUM
ftr-441	1683	24	tax	tax	NOUN
ftr-441	1683	25	l.	l.	PROPN
ftr-441	1683	26	rev	rev	PROPN
ftr-441	1683	27	.	.	PROPN
ftr-441	1683	28	173	173	NUM
ftr-441	1683	29	,	,	PUNCT
ftr-441	1683	30	181	181	NUM
ftr-441	1683	31	-	-	SYM
ftr-441	1683	32	98	98	NUM
ftr-441	1683	33	(	(	PUNCT
ftr-441	1683	34	1991	1991	NUM
ftr-441	1683	35	)	)	PUNCT
ftr-441	1683	36	.	.	PUNCT
ftr-441	1684	1	see	see	VERB
ftr-441	1684	2	also	also	ADV
ftr-441	1684	3	terence	terence	PROPN
ftr-441	1684	4	floyd	floyd	PROPN
ftr-441	1684	5	cuff	cuff	PROPN
ftr-441	1684	6	,	,	PUNCT
ftr-441	1684	7	the	the	DET
ftr-441	1684	8	section	section	NOUN
ftr-441	1684	9	704(c)(1)(b	704(c)(1)(b	PROPN
ftr-441	1684	10	)	)	PUNCT
ftr-441	1684	11	proposed	propose	VERB
ftr-441	1684	12	regulations	regulation	NOUN
ftr-441	1684	13	,	,	PUNCT
ftr-441	1684	14	73	73	NUM
ftr-441	1684	15	taxes	taxis	NOUN
ftr-441	1684	16	283	283	NUM
ftr-441	1684	17	,	,	PUNCT
ftr-441	1684	18	284	284	NUM
ftr-441	1684	19	(	(	PUNCT
ftr-441	1684	20	1995	1995	NUM
ftr-441	1684	21	)	)	PUNCT
ftr-441	1684	22	(	(	PUNCT
ftr-441	1684	23	"	"	PUNCT
ftr-441	1684	24	the	the	DET
ftr-441	1684	25	intricate	intricate	ADJ
ftr-441	1684	26	web	web	NOUN
ftr-441	1684	27	of	of	ADP
ftr-441	1684	28	anti	anti	ADJ
ftr-441	1684	29	-	-	ADJ
ftr-441	1684	30	abuse	abuse	ADJ
ftr-441	1684	31	rules	rule	NOUN
ftr-441	1684	32	[	[	X
ftr-441	1684	33	affecting	affect	VERB
ftr-441	1684	34	contributions	contribution	NOUN
ftr-441	1684	35	and	and	CCONJ
ftr-441	1684	36	distributions	distribution	NOUN
ftr-441	1684	37	of	of	ADP
ftr-441	1684	38	partnership	partnership	NOUN
ftr-441	1684	39	property	property	NOUN
ftr-441	1684	40	]	]	PUNCT
ftr-441	1684	41	challenge	challenge	VERB
ftr-441	1684	42	the	the	DET
ftr-441	1684	43	most	most	ADV
ftr-441	1684	44	talented	talented	ADJ
ftr-441	1684	45	partnership	partnership	NOUN
ftr-441	1684	46	tax	tax	NOUN
ftr-441	1684	47	practitioner	practitioner	NOUN
ftr-441	1684	48	....	....	PUNCT
ftr-441	1685	1	a	a	DET
ftr-441	1685	2	partnership	partnership	NOUN
ftr-441	1685	3	may	may	AUX
ftr-441	1685	4	undertake	undertake	VERB
ftr-441	1685	5	a	a	DET
ftr-441	1685	6	seemingly	seemingly	ADV
ftr-441	1685	7	innocent	innocent	ADJ
ftr-441	1685	8	transaction	transaction	NOUN
ftr-441	1685	9	and	and	CCONJ
ftr-441	1685	10	discover	discover	VERB
ftr-441	1685	11	itself	itself	PRON
ftr-441	1685	12	tangled	tangle	VERB
ftr-441	1685	13	in	in	ADP
ftr-441	1685	14	a	a	DET
ftr-441	1685	15	web	web	NOUN
ftr-441	1685	16	of	of	ADP
ftr-441	1685	17	anti	anti	ADJ
ftr-441	1685	18	-	-	ADJ
ftr-441	1685	19	abuse	abuse	ADJ
ftr-441	1685	20	provisions	provision	NOUN
ftr-441	1685	21	.	.	PUNCT
ftr-441	1686	1	these	these	DET
ftr-441	1686	2	provisions	provision	NOUN
ftr-441	1686	3	complicate	complicate	VERB
ftr-441	1686	4	even	even	ADV
ftr-441	1686	5	routine	routine	ADJ
ftr-441	1686	6	partnership	partnership	NOUN
ftr-441	1686	7	transactions	transaction	NOUN
ftr-441	1686	8	.	.	PUNCT
ftr-441	1687	1	"	"	PUNCT
ftr-441	1687	2	)	)	PUNCT
ftr-441	1687	3	.	.	PUNCT
ftr-441	1688	1	246	246	NUM
ftr-441	1688	2	.	.	PUNCT
ftr-441	1689	1	subchapter	subchapter	NOUN
ftr-441	1689	2	s	s	PART
ftr-441	1689	3	is	be	AUX
ftr-441	1689	4	not	not	PART
ftr-441	1689	5	,	,	PUNCT
ftr-441	1689	6	however	however	ADV
ftr-441	1689	7	,	,	PUNCT
ftr-441	1689	8	completely	completely	ADV
ftr-441	1689	9	free	free	ADJ
ftr-441	1689	10	of	of	ADP
ftr-441	1689	11	such	such	ADJ
ftr-441	1689	12	complications	complication	NOUN
ftr-441	1689	13	.	.	PUNCT
ftr-441	1690	1	for	for	ADP
ftr-441	1690	2	example	example	NOUN
ftr-441	1690	3	,	,	PUNCT
ftr-441	1690	4	s	s	VERB
ftr-441	1690	5	corporations	corporation	NOUN
ftr-441	1690	6	are	be	AUX
ftr-441	1690	7	subject	subject	ADJ
ftr-441	1690	8	to	to	ADP
ftr-441	1690	9	the	the	DET
ftr-441	1690	10	collapsible	collapsible	ADJ
ftr-441	1690	11	corporation	corporation	NOUN
ftr-441	1690	12	rules	rule	NOUN
ftr-441	1690	13	,	,	PUNCT
ftr-441	1690	14	which	which	PRON
ftr-441	1690	15	are	be	AUX
ftr-441	1690	16	similar	similar	ADJ
ftr-441	1690	17	in	in	ADP
ftr-441	1690	18	[	[	X
ftr-441	1690	19	vol	vol	NOUN
ftr-441	1690	20	4:3	4:3	NUM
ftr-441	1690	21	the	the	DET
ftr-441	1690	22	future	future	ADJ
ftr-441	1690	23	taxation	taxation	NOUN
ftr-441	1690	24	of	of	ADP
ftr-441	1690	25	private	private	ADJ
ftr-441	1690	26	business	business	NOUN
ftr-441	1690	27	finns	finn	NOUN
ftr-441	1690	28	part	part	NOUN
ftr-441	1690	29	,	,	PUNCT
ftr-441	1690	30	this	this	DET
ftr-441	1690	31	phenomenon	phenomenon	NOUN
ftr-441	1690	32	is	be	AUX
ftr-441	1690	33	attributable	attributable	ADJ
ftr-441	1690	34	to	to	ADP
ftr-441	1690	35	the	the	DET
ftr-441	1690	36	more	more	ADV
ftr-441	1690	37	restrictive	restrictive	ADJ
ftr-441	1690	38	nature	nature	NOUN
ftr-441	1690	39	of	of	ADP
ftr-441	1690	40	subchapter	subchapter	NOUN
ftr-441	1690	41	s	s	PART
ftr-441	1690	42	;	;	PUNCT
ftr-441	1690	43	for	for	ADP
ftr-441	1690	44	example	example	NOUN
ftr-441	1690	45	,	,	PUNCT
ftr-441	1690	46	a	a	DET
ftr-441	1690	47	section	section	NOUN
ftr-441	1690	48	704(c)(1)(a)-type	704(c)(1)(a)-type	NUM
ftr-441	1690	49	solution	solution	NOUN
ftr-441	1690	50	can	can	AUX
ftr-441	1690	51	not	not	PART
ftr-441	1690	52	easily	easily	ADV
ftr-441	1690	53	be	be	AUX
ftr-441	1690	54	prescribed	prescribe	VERB
ftr-441	1690	55	where	where	SCONJ
ftr-441	1690	56	special	special	ADJ
ftr-441	1690	57	allocations	allocation	NOUN
ftr-441	1690	58	are	be	AUX
ftr-441	1690	59	not	not	PART
ftr-441	1690	60	permitted	permit	VERB
ftr-441	1690	61	.	.	PUNCT
ftr-441	1691	1	in	in	ADP
ftr-441	1691	2	part	part	NOUN
ftr-441	1691	3	,	,	PUNCT
ftr-441	1691	4	it	it	PRON
ftr-441	1691	5	may	may	AUX
ftr-441	1691	6	be	be	AUX
ftr-441	1691	7	a	a	DET
ftr-441	1691	8	consequence	consequence	NOUN
ftr-441	1691	9	of	of	ADP
ftr-441	1691	10	a	a	DET
ftr-441	1691	11	policy	policy	NOUN
ftr-441	1691	12	judgment	judgment	NOUN
ftr-441	1691	13	to	to	PART
ftr-441	1691	14	maintain	maintain	VERB
ftr-441	1691	15	a	a	DET
ftr-441	1691	16	modicum	modicum	NOUN
ftr-441	1691	17	of	of	ADP
ftr-441	1691	18	simplicity	simplicity	NOUN
ftr-441	1691	19	for	for	ADP
ftr-441	1691	20	the	the	DET
ftr-441	1691	21	s	s	NOUN
ftr-441	1691	22	rules	rule	NOUN
ftr-441	1691	23	.	.	PUNCT
ftr-441	1692	1	but	but	CCONJ
ftr-441	1692	2	in	in	ADP
ftr-441	1692	3	important	important	ADJ
ftr-441	1692	4	part	part	NOUN
ftr-441	1692	5	,	,	PUNCT
ftr-441	1692	6	it	it	PRON
ftr-441	1692	7	results	result	VERB
ftr-441	1692	8	from	from	ADP
ftr-441	1692	9	the	the	DET
ftr-441	1692	10	fact	fact	NOUN
ftr-441	1692	11	that	that	SCONJ
ftr-441	1692	12	fewer	few	ADJ
ftr-441	1692	13	transfers	transfer	NOUN
ftr-441	1692	14	to	to	ADP
ftr-441	1692	15	and	and	CCONJ
ftr-441	1692	16	from	from	ADP
ftr-441	1692	17	an	an	DET
ftr-441	1692	18	s	s	NOUN
ftr-441	1692	19	corporation	corporation	NOUN
ftr-441	1692	20	are	be	AUX
ftr-441	1692	21	tax	tax	NOUN
ftr-441	1692	22	-	-	PUNCT
ftr-441	1692	23	free	free	ADJ
ftr-441	1692	24	.	.	PUNCT
ftr-441	1693	1	moreover	moreover	ADV
ftr-441	1693	2	,	,	PUNCT
ftr-441	1693	3	despite	despite	SCONJ
ftr-441	1693	4	this	this	DET
ftr-441	1693	5	complicated	complicated	ADJ
ftr-441	1693	6	web	web	NOUN
ftr-441	1693	7	of	of	ADP
ftr-441	1693	8	rules	rule	NOUN
ftr-441	1693	9	,	,	PUNCT
ftr-441	1693	10	partnership	partnership	NOUN
ftr-441	1693	11	distributions	distribution	NOUN
ftr-441	1693	12	still	still	ADV
ftr-441	1693	13	provide	provide	VERB
ftr-441	1693	14	ample	ample	ADJ
ftr-441	1693	15	opportunity	opportunity	NOUN
ftr-441	1693	16	for	for	ADP
ftr-441	1693	17	manipulation	manipulation	NOUN
ftr-441	1693	18	by	by	ADP
ftr-441	1693	19	taxpayers	taxpayer	NOUN
ftr-441	1693	20	.	.	PUNCT
ftr-441	1694	1	manipulation	manipulation	NOUN
ftr-441	1694	2	may	may	AUX
ftr-441	1694	3	result	result	VERB
ftr-441	1694	4	from	from	ADP
ftr-441	1694	5	a	a	DET
ftr-441	1694	6	misallocation	misallocation	NOUN
ftr-441	1694	7	or	or	CCONJ
ftr-441	1694	8	mistiming	mistiming	NOUN
ftr-441	1694	9	of	of	ADP
ftr-441	1694	10	income	income	NOUN
ftr-441	1694	11	or	or	CCONJ
ftr-441	1694	12	other	other	ADJ
ftr-441	1694	13	partnership	partnership	NOUN
ftr-441	1694	14	tax	tax	NOUN
ftr-441	1694	15	items	item	NOUN
ftr-441	1694	16	as	as	ADP
ftr-441	1694	17	a	a	DET
ftr-441	1694	18	result	result	NOUN
ftr-441	1694	19	of	of	ADP
ftr-441	1694	20	the	the	DET
ftr-441	1694	21	distribution	distribution	NOUN
ftr-441	1694	22	,	,	PUNCT
ftr-441	1694	23	or	or	CCONJ
ftr-441	1694	24	a	a	DET
ftr-441	1694	25	conversion	conversion	NOUN
ftr-441	1694	26	of	of	ADP
ftr-441	1694	27	ordinary	ordinary	ADJ
ftr-441	1694	28	income	income	NOUN
ftr-441	1694	29	into	into	ADP
ftr-441	1694	30	capital	capital	NOUN
ftr-441	1694	31	gains.247	gains.247	PROPN
ftr-441	1694	32	to	to	PART
ftr-441	1694	33	illustrate	illustrate	VERB
ftr-441	1694	34	one	one	NUM
ftr-441	1694	35	conversion	conversion	NOUN
ftr-441	1694	36	possibility	possibility	NOUN
ftr-441	1694	37	,	,	PUNCT
ftr-441	1694	38	consider	consider	VERB
ftr-441	1694	39	the	the	DET
ftr-441	1694	40	following	follow	VERB
ftr-441	1694	41	simplified	simplify	VERB
ftr-441	1694	42	example:"48	example:"48	PROPN
ftr-441	1694	43	example	example	NOUN
ftr-441	1695	1	1	1	NUM
ftr-441	1695	2	.	.	X
ftr-441	1695	3	a	a	PRON
ftr-441	1695	4	and	and	CCONJ
ftr-441	1695	5	b	b	PROPN
ftr-441	1695	6	form	form	PROPN
ftr-441	1695	7	ab	ab	PROPN
ftr-441	1695	8	,	,	PUNCT
ftr-441	1695	9	an	an	DET
ftr-441	1695	10	equal	equal	ADJ
ftr-441	1695	11	partnership	partnership	NOUN
ftr-441	1695	12	.	.	PUNCT
ftr-441	1696	1	a	a	PRON
ftr-441	1696	2	contributes	contribute	VERB
ftr-441	1696	3	unimproved	unimproved	ADJ
ftr-441	1696	4	land	land	NOUN
ftr-441	1696	5	worth	worth	ADJ
ftr-441	1696	6	$	$	SYM
ftr-441	1696	7	10,000	10,000	NUM
ftr-441	1696	8	with	with	ADP
ftr-441	1696	9	a	a	DET
ftr-441	1696	10	basis	basis	NOUN
ftr-441	1696	11	of	of	ADP
ftr-441	1696	12	$	$	SYM
ftr-441	1696	13	10,000	10,000	NUM
ftr-441	1696	14	,	,	PUNCT
ftr-441	1696	15	and	and	CCONJ
ftr-441	1696	16	$	$	SYM
ftr-441	1696	17	20,000	20,000	NUM
ftr-441	1696	18	cash	cash	NOUN
ftr-441	1696	19	.	.	PUNCT
ftr-441	1697	1	b	b	NOUN
ftr-441	1697	2	contributes	contribute	VERB
ftr-441	1697	3	a	a	DET
ftr-441	1697	4	depreciable	depreciable	ADJ
ftr-441	1697	5	asset	asset	NOUN
ftr-441	1697	6	worth	worth	ADJ
ftr-441	1697	7	$	$	SYM
ftr-441	1697	8	20,000	20,000	NUM
ftr-441	1697	9	and	and	CCONJ
ftr-441	1697	10	with	with	ADP
ftr-441	1697	11	a	a	DET
ftr-441	1697	12	basis	basis	NOUN
ftr-441	1697	13	of	of	ADP
ftr-441	1697	14	$	$	SYM
ftr-441	1697	15	20,000	20,000	NUM
ftr-441	1697	16	,	,	PUNCT
ftr-441	1697	17	and	and	CCONJ
ftr-441	1697	18	$	$	SYM
ftr-441	1697	19	10,000	10,000	NUM
ftr-441	1697	20	cash	cash	NOUN
ftr-441	1697	21	.	.	PUNCT
ftr-441	1698	1	the	the	DET
ftr-441	1698	2	depreciable	depreciable	ADJ
ftr-441	1698	3	asset	asset	NOUN
ftr-441	1698	4	increases	increase	NOUN
ftr-441	1698	5	in	in	ADP
ftr-441	1698	6	value	value	NOUN
ftr-441	1698	7	to	to	ADP
ftr-441	1698	8	$	$	SYM
ftr-441	1698	9	30,000	30,000	NUM
ftr-441	1698	10	.	.	PUNCT
ftr-441	1699	1	ab	ab	PROPN
ftr-441	1699	2	then	then	ADV
ftr-441	1699	3	liquidates	liquidate	VERB
ftr-441	1699	4	,	,	PUNCT
ftr-441	1699	5	with	with	ADP
ftr-441	1699	6	a	a	DET
ftr-441	1699	7	receiving	receive	VERB
ftr-441	1699	8	the	the	DET
ftr-441	1699	9	depreciable	depreciable	ADJ
ftr-441	1699	10	asset	asset	NOUN
ftr-441	1699	11	and	and	CCONJ
ftr-441	1699	12	$	$	SYM
ftr-441	1699	13	5,000	5,000	NUM
ftr-441	1699	14	,	,	PUNCT
ftr-441	1699	15	and	and	CCONJ
ftr-441	1699	16	b	b	X
ftr-441	1699	17	receiving	receive	VERB
ftr-441	1699	18	the	the	DET
ftr-441	1699	19	land	land	NOUN
ftr-441	1699	20	and	and	CCONJ
ftr-441	1699	21	$	$	SYM
ftr-441	1699	22	25,000	25,000	NUM
ftr-441	1699	23	.	.	PUNCT
ftr-441	1700	1	in	in	ADP
ftr-441	1700	2	the	the	DET
ftr-441	1700	3	liquidation	liquidation	NOUN
ftr-441	1700	4	,	,	PUNCT
ftr-441	1700	5	neither	neither	CCONJ
ftr-441	1700	6	the	the	DET
ftr-441	1700	7	partnership	partnership	NOUN
ftr-441	1700	8	nor	nor	CCONJ
ftr-441	1700	9	either	either	PRON
ftr-441	1700	10	of	of	ADP
ftr-441	1700	11	the	the	DET
ftr-441	1700	12	partners	partner	NOUN
ftr-441	1700	13	recognizes	recognize	VERB
ftr-441	1700	14	any	any	DET
ftr-441	1700	15	gain	gain	NOUN
ftr-441	1700	16	or	or	CCONJ
ftr-441	1700	17	loss	loss	NOUN
ftr-441	1700	18	.	.	PUNCT
ftr-441	1701	1	a	a	DET
ftr-441	1701	2	preserves	preserve	VERB
ftr-441	1701	3	his	his	PRON
ftr-441	1701	4	or	or	CCONJ
ftr-441	1701	5	her	her	PRON
ftr-441	1701	6	$	$	SYM
ftr-441	1701	7	30,000	30,000	NUM
ftr-441	1701	8	outside	outside	ADP
ftr-441	1701	9	basis	basis	NOUN
ftr-441	1701	10	by	by	ADP
ftr-441	1701	11	getting	get	VERB
ftr-441	1701	12	$	$	SYM
ftr-441	1701	13	5,000	5,000	NUM
ftr-441	1701	14	cash	cash	NOUN
ftr-441	1701	15	and	and	CCONJ
ftr-441	1701	16	taking	take	VERB
ftr-441	1701	17	the	the	DET
ftr-441	1701	18	depreciable	depreciable	ADJ
ftr-441	1701	19	asset	asset	NOUN
ftr-441	1701	20	with	with	ADP
ftr-441	1701	21	a	a	DET
ftr-441	1701	22	$	$	SYM
ftr-441	1701	23	25,000	25,000	NUM
ftr-441	1701	24	basis	basis	NOUN
ftr-441	1701	25	.	.	PUNCT
ftr-441	1702	1	b	b	NOUN
ftr-441	1702	2	does	do	VERB
ftr-441	1702	3	likewise	likewise	ADV
ftr-441	1702	4	by	by	ADP
ftr-441	1702	5	getting	get	VERB
ftr-441	1702	6	$	$	SYM
ftr-441	1702	7	25,000	25,000	NUM
ftr-441	1702	8	cash	cash	NOUN
ftr-441	1702	9	and	and	CCONJ
ftr-441	1702	10	taking	take	VERB
ftr-441	1702	11	the	the	DET
ftr-441	1702	12	land	land	NOUN
ftr-441	1702	13	with	with	ADP
ftr-441	1702	14	a	a	DET
ftr-441	1702	15	$	$	SYM
ftr-441	1702	16	5,000	5,000	NUM
ftr-441	1702	17	basis	basis	NOUN
ftr-441	1702	18	.	.	PUNCT
ftr-441	1703	1	although	although	SCONJ
ftr-441	1703	2	the	the	DET
ftr-441	1703	3	total	total	ADJ
ftr-441	1703	4	amount	amount	NOUN
ftr-441	1703	5	of	of	ADP
ftr-441	1703	6	potential	potential	ADJ
ftr-441	1703	7	gain	gain	NOUN
ftr-441	1703	8	in	in	ADP
ftr-441	1703	9	the	the	DET
ftr-441	1703	10	partnership	partnership	NOUN
ftr-441	1703	11	before	before	ADP
ftr-441	1703	12	the	the	DET
ftr-441	1703	13	liquidation	liquidation	NOUN
ftr-441	1703	14	(	(	PUNCT
ftr-441	1703	15	$	$	SYM
ftr-441	1703	16	10,000	10,000	NUM
ftr-441	1703	17	)	)	PUNCT
ftr-441	1703	18	is	be	AUX
ftr-441	1703	19	still	still	ADV
ftr-441	1703	20	preserved	preserve	VERB
ftr-441	1703	21	in	in	ADP
ftr-441	1703	22	the	the	DET
ftr-441	1703	23	partners	partner	NOUN
ftr-441	1703	24	'	'	PART
ftr-441	1703	25	hands	hand	NOUN
ftr-441	1703	26	afterwards	afterwards	ADV
ftr-441	1703	27	(	(	PUNCT
ftr-441	1703	28	$	$	SYM
ftr-441	1703	29	5,000	5,000	NUM
ftr-441	1703	30	of	of	ADP
ftr-441	1703	31	lurking	lurk	VERB
ftr-441	1703	32	gain	gain	NOUN
ftr-441	1703	33	for	for	ADP
ftr-441	1703	34	each	each	DET
ftr-441	1703	35	partner	partner	NOUN
ftr-441	1703	36	)	)	PUNCT
ftr-441	1703	37	the	the	DET
ftr-441	1703	38	ability	ability	NOUN
ftr-441	1703	39	to	to	PART
ftr-441	1703	40	shift	shift	VERB
ftr-441	1703	41	basis	basis	NOUN
ftr-441	1703	42	around	around	ADP
ftr-441	1703	43	from	from	ADP
ftr-441	1703	44	one	one	NUM
ftr-441	1703	45	asset	asset	NOUN
ftr-441	1703	46	to	to	ADP
ftr-441	1703	47	another	another	PRON
ftr-441	1703	48	provides	provide	VERB
ftr-441	1703	49	potential	potential	ADJ
ftr-441	1703	50	tax	tax	NOUN
ftr-441	1703	51	advantages	advantage	NOUN
ftr-441	1703	52	.	.	PUNCT
ftr-441	1704	1	in	in	ADP
ftr-441	1704	2	effect	effect	NOUN
ftr-441	1704	3	,	,	PUNCT
ftr-441	1704	4	the	the	DET
ftr-441	1704	5	value	value	NOUN
ftr-441	1704	6	of	of	ADP
ftr-441	1704	7	the	the	DET
ftr-441	1704	8	dollars	dollar	NOUN
ftr-441	1704	9	of	of	ADP
ftr-441	1704	10	basis	basis	NOUN
ftr-441	1704	11	available	available	ADJ
ftr-441	1704	12	to	to	ADP
ftr-441	1704	13	the	the	DET
ftr-441	1704	14	parties	party	NOUN
ftr-441	1704	15	has	have	AUX
ftr-441	1704	16	been	be	AUX
ftr-441	1704	17	increased	increase	VERB
ftr-441	1704	18	as	as	ADP
ftr-441	1704	19	a	a	DET
ftr-441	1704	20	result	result	NOUN
ftr-441	1704	21	of	of	ADP
ftr-441	1704	22	the	the	DET
ftr-441	1704	23	liquidation	liquidation	NOUN
ftr-441	1704	24	,	,	PUNCT
ftr-441	1704	25	since	since	SCONJ
ftr-441	1704	26	the	the	DET
ftr-441	1704	27	basis	basis	NOUN
ftr-441	1704	28	of	of	ADP
ftr-441	1704	29	the	the	DET
ftr-441	1704	30	depreciable	depreciable	ADJ
ftr-441	1704	31	asset	asset	NOUN
ftr-441	1704	32	will	will	AUX
ftr-441	1704	33	be	be	AUX
ftr-441	1704	34	used	use	VERB
ftr-441	1704	35	to	to	PART
ftr-441	1704	36	reduce	reduce	VERB
ftr-441	1704	37	ordinary	ordinary	ADJ
ftr-441	1704	38	income	income	NOUN
ftr-441	1704	39	currently	currently	ADV
ftr-441	1704	40	through	through	ADP
ftr-441	1704	41	depreciation	depreciation	NOUN
ftr-441	1704	42	deductions	deduction	NOUN
ftr-441	1704	43	while	while	SCONJ
ftr-441	1704	44	the	the	DET
ftr-441	1704	45	basis	basis	NOUN
ftr-441	1704	46	of	of	ADP
ftr-441	1704	47	the	the	DET
ftr-441	1704	48	land	land	NOUN
ftr-441	1704	49	,	,	PUNCT
ftr-441	1704	50	which	which	PRON
ftr-441	1704	51	wo	will	AUX
ftr-441	1704	52	n't	not	PART
ftr-441	1704	53	be	be	AUX
ftr-441	1704	54	used	use	VERB
ftr-441	1704	55	until	until	SCONJ
ftr-441	1704	56	the	the	DET
ftr-441	1704	57	land	land	NOUN
ftr-441	1704	58	is	be	AUX
ftr-441	1704	59	sold	sell	VERB
ftr-441	1704	60	,	,	PUNCT
ftr-441	1704	61	may	may	AUX
ftr-441	1704	62	ultimately	ultimately	ADV
ftr-441	1704	63	affect	affect	VERB
ftr-441	1704	64	only	only	ADV
ftr-441	1704	65	the	the	DET
ftr-441	1704	66	amount	amount	NOUN
ftr-441	1704	67	of	of	ADP
ftr-441	1704	68	a	a	DET
ftr-441	1704	69	capital	capital	NOUN
ftr-441	1704	70	gain	gain	NOUN
ftr-441	1704	71	recognized	recognize	VERB
ftr-441	1704	72	in	in	ADP
ftr-441	1704	73	the	the	DET
ftr-441	1704	74	future.249	future.249	NOUN
ftr-441	1704	75	in	in	ADP
ftr-441	1704	76	theory	theory	NOUN
ftr-441	1704	77	,	,	PUNCT
ftr-441	1704	78	this	this	DET
ftr-441	1704	79	objective	objective	NOUN
ftr-441	1704	80	and	and	CCONJ
ftr-441	1704	81	complexity	complexity	NOUN
ftr-441	1704	82	to	to	ADP
ftr-441	1704	83	§	§	PROPN
ftr-441	1704	84	751	751	NUM
ftr-441	1704	85	.	.	PUNCT
ftr-441	1705	1	in	in	ADP
ftr-441	1705	2	addition	addition	NOUN
ftr-441	1705	3	,	,	PUNCT
ftr-441	1705	4	to	to	ADP
ftr-441	1705	5	the	the	DET
ftr-441	1705	6	extent	extent	NOUN
ftr-441	1705	7	the	the	DET
ftr-441	1705	8	partnership	partnership	NOUN
ftr-441	1705	9	anti	anti	ADJ
ftr-441	1705	10	-	-	ADJ
ftr-441	1705	11	abuse	abuse	ADJ
ftr-441	1705	12	rule	rule	NOUN
ftr-441	1705	13	is	be	AUX
ftr-441	1705	14	simply	simply	ADV
ftr-441	1705	15	articulating	articulate	VERB
ftr-441	1705	16	a	a	DET
ftr-441	1705	17	common	common	ADJ
ftr-441	1705	18	-	-	PUNCT
ftr-441	1705	19	law	law	NOUN
ftr-441	1705	20	"	"	PUNCT
ftr-441	1705	21	substance	substance	NOUN
ftr-441	1705	22	over	over	ADP
ftr-441	1705	23	form	form	NOUN
ftr-441	1705	24	"	"	PUNCT
ftr-441	1705	25	standard	standard	NOUN
ftr-441	1705	26	generally	generally	ADV
ftr-441	1705	27	applicable	applicable	ADJ
ftr-441	1705	28	to	to	ADP
ftr-441	1705	29	all	all	PRON
ftr-441	1705	30	of	of	ADP
ftr-441	1705	31	tax	tax	NOUN
ftr-441	1705	32	law	law	NOUN
ftr-441	1705	33	,	,	PUNCT
ftr-441	1705	34	the	the	DET
ftr-441	1705	35	subchapter	subchapter	NOUN
ftr-441	1705	36	s	s	PART
ftr-441	1705	37	provisions	provision	NOUN
ftr-441	1705	38	are	be	AUX
ftr-441	1705	39	of	of	ADP
ftr-441	1705	40	course	course	NOUN
ftr-441	1705	41	subject	subject	ADJ
ftr-441	1705	42	to	to	ADP
ftr-441	1705	43	that	that	DET
ftr-441	1705	44	standard	standard	NOUN
ftr-441	1705	45	.	.	PUNCT
ftr-441	1706	1	247	247	NUM
ftr-441	1706	2	.	.	PUNCT
ftr-441	1707	1	for	for	ADP
ftr-441	1707	2	some	some	DET
ftr-441	1707	3	examples	example	NOUN
ftr-441	1707	4	,	,	PUNCT
ftr-441	1707	5	see	see	PROPN
ftr-441	1707	6	andrews	andrews	PROPN
ftr-441	1707	7	,	,	PUNCT
ftr-441	1707	8	supra	supra	PROPN
ftr-441	1707	9	note	note	PROPN
ftr-441	1707	10	67	67	NUM
ftr-441	1707	11	;	;	PUNCT
ftr-441	1707	12	ali	ali	PROPN
ftr-441	1707	13	1984	1984	NUM
ftr-441	1707	14	subchapter	subchapter	NOUN
ftr-441	1707	15	k	k	PROPN
ftr-441	1707	16	proposals	proposal	NOUN
ftr-441	1707	17	,	,	PUNCT
ftr-441	1707	18	supra	supra	PROPN
ftr-441	1707	19	note	note	NOUN
ftr-441	1707	20	60	60	NUM
ftr-441	1707	21	,	,	PUNCT
ftr-441	1707	22	at	at	ADP
ftr-441	1707	23	195	195	NUM
ftr-441	1707	24	-	-	SYM
ftr-441	1707	25	200	200	NUM
ftr-441	1707	26	;	;	PUNCT
ftr-441	1707	27	1997	1997	NUM
ftr-441	1707	28	jct	jct	PROPN
ftr-441	1707	29	partnership	partnership	PROPN
ftr-441	1707	30	tax	tax	NOUN
ftr-441	1707	31	study	study	NOUN
ftr-441	1707	32	,	,	PUNCT
ftr-441	1707	33	supra	supra	PROPN
ftr-441	1707	34	note	note	PROPN
ftr-441	1707	35	67	67	NUM
ftr-441	1707	36	,	,	PUNCT
ftr-441	1707	37	at	at	ADP
ftr-441	1707	38	2738	2738	NUM
ftr-441	1707	39	;	;	PUNCT
ftr-441	1707	40	regs	reg	NOUN
ftr-441	1707	41	.	.	PUNCT
ftr-441	1708	1	§	§	PROPN
ftr-441	1708	2	1.701	1.701	NUM
ftr-441	1708	3	-	-	NUM
ftr-441	1708	4	2(d	2(d	NUM
ftr-441	1708	5	)	)	PUNCT
ftr-441	1708	6	,	,	PUNCT
ftr-441	1708	7	exs	exs	PROPN
ftr-441	1708	8	.	.	PUNCT
ftr-441	1709	1	(	(	PUNCT
ftr-441	1709	2	8)-(11	8)-(11	NUM
ftr-441	1709	3	)	)	PUNCT
ftr-441	1709	4	.	.	PUNCT
ftr-441	1710	1	248	248	NUM
ftr-441	1710	2	.	.	PUNCT
ftr-441	1711	1	this	this	DET
ftr-441	1711	2	example	example	NOUN
ftr-441	1711	3	disregards	disregard	VERB
ftr-441	1711	4	the	the	DET
ftr-441	1711	5	possible	possible	ADJ
ftr-441	1711	6	application	application	NOUN
ftr-441	1711	7	of	of	ADP
ftr-441	1711	8	the	the	DET
ftr-441	1711	9	general	general	ADJ
ftr-441	1711	10	anti	anti	ADJ
ftr-441	1711	11	-	-	ADJ
ftr-441	1711	12	abuse	abuse	ADJ
ftr-441	1711	13	rule	rule	NOUN
ftr-441	1711	14	in	in	ADP
ftr-441	1711	15	the	the	DET
ftr-441	1711	16	partnership	partnership	NOUN
ftr-441	1711	17	area	area	NOUN
ftr-441	1711	18	.	.	PUNCT
ftr-441	1712	1	249	249	NUM
ftr-441	1712	2	.	.	PUNCT
ftr-441	1713	1	if	if	SCONJ
ftr-441	1713	2	the	the	DET
ftr-441	1713	3	depreciable	depreciable	ADJ
ftr-441	1713	4	asset	asset	NOUN
ftr-441	1713	5	is	be	AUX
ftr-441	1713	6	a	a	DET
ftr-441	1713	7	§	§	PROPN
ftr-441	1713	8	1231	1231	NUM
ftr-441	1713	9	asset	asset	NOUN
ftr-441	1713	10	,	,	PUNCT
ftr-441	1713	11	then	then	ADV
ftr-441	1713	12	increasing	increase	VERB
ftr-441	1713	13	its	its	PRON
ftr-441	1713	14	basis	basis	NOUN
ftr-441	1713	15	may	may	AUX
ftr-441	1713	16	also	also	ADV
ftr-441	1713	17	provide	provide	VERB
ftr-441	1713	18	the	the	DET
ftr-441	1713	19	taxpayer	taxpayer	NOUN
ftr-441	1713	20	with	with	ADP
ftr-441	1713	21	an	an	DET
ftr-441	1713	22	ordinary	ordinary	ADJ
ftr-441	1713	23	loss	loss	NOUN
ftr-441	1713	24	upon	upon	SCONJ
ftr-441	1713	25	sale	sale	NOUN
ftr-441	1713	26	of	of	ADP
ftr-441	1713	27	the	the	DET
ftr-441	1713	28	asset	asset	NOUN
ftr-441	1713	29	.	.	PUNCT
ftr-441	1714	1	see	see	VERB
ftr-441	1714	2	irc	irc	PROPN
ftr-441	1714	3	§	§	PROPN
ftr-441	1714	4	1231(a)(2	1231(a)(2	PROPN
ftr-441	1714	5	)	)	PUNCT
ftr-441	1714	6	.	.	PUNCT
ftr-441	1715	1	1999	1999	NUM
ftr-441	1715	2	]	]	PUNCT
ftr-441	1715	3	florida	florida	PROPN
ftr-441	1715	4	tax	tax	PROPN
ftr-441	1715	5	review	review	NOUN
ftr-441	1715	6	rule	rule	NOUN
ftr-441	1715	7	is	be	AUX
ftr-441	1715	8	symmetric	symmetric	ADJ
ftr-441	1715	9	;	;	PUNCT
ftr-441	1715	10	if	if	SCONJ
ftr-441	1715	11	the	the	DET
ftr-441	1715	12	land	land	NOUN
ftr-441	1715	13	and	and	CCONJ
ftr-441	1715	14	not	not	PART
ftr-441	1715	15	the	the	DET
ftr-441	1715	16	depreciable	depreciable	ADJ
ftr-441	1715	17	asset	asset	NOUN
ftr-441	1715	18	had	have	AUX
ftr-441	1715	19	increased	increase	VERB
ftr-441	1715	20	in	in	ADP
ftr-441	1715	21	value	value	NOUN
ftr-441	1715	22	,	,	PUNCT
ftr-441	1715	23	basis	basis	NOUN
ftr-441	1715	24	would	would	AUX
ftr-441	1715	25	have	have	AUX
ftr-441	1715	26	been	be	AUX
ftr-441	1715	27	shifted	shift	VERB
ftr-441	1715	28	to	to	ADP
ftr-441	1715	29	the	the	DET
ftr-441	1715	30	land	land	NOUN
ftr-441	1715	31	(	(	PUNCT
ftr-441	1715	32	and	and	CCONJ
ftr-441	1715	33	away	away	ADV
ftr-441	1715	34	from	from	ADP
ftr-441	1715	35	the	the	DET
ftr-441	1715	36	depreciable	depreciable	ADJ
ftr-441	1715	37	asset	asset	NOUN
ftr-441	1715	38	)	)	PUNCT
ftr-441	1715	39	on	on	ADP
ftr-441	1715	40	liquidation	liquidation	NOUN
ftr-441	1715	41	.	.	PUNCT
ftr-441	1716	1	however	however	ADV
ftr-441	1716	2	,	,	PUNCT
ftr-441	1716	3	if	if	SCONJ
ftr-441	1716	4	that	that	PRON
ftr-441	1716	5	had	have	AUX
ftr-441	1716	6	been	be	AUX
ftr-441	1716	7	the	the	DET
ftr-441	1716	8	case	case	NOUN
ftr-441	1716	9	,	,	PUNCT
ftr-441	1716	10	the	the	DET
ftr-441	1716	11	partnership	partnership	NOUN
ftr-441	1716	12	need	need	AUX
ftr-441	1716	13	not	not	PART
ftr-441	1716	14	have	have	AUX
ftr-441	1716	15	liquidated	liquidate	VERB
ftr-441	1716	16	.	.	PUNCT
ftr-441	1717	1	the	the	DET
ftr-441	1717	2	manipulation	manipulation	NOUN
ftr-441	1717	3	possibilities	possibility	NOUN
ftr-441	1717	4	illustrated	illustrate	VERB
ftr-441	1717	5	by	by	ADP
ftr-441	1717	6	example	example	NOUN
ftr-441	1717	7	1	1	NUM
ftr-441	1717	8	are	be	AUX
ftr-441	1717	9	even	even	ADV
ftr-441	1717	10	greater	great	ADJ
ftr-441	1717	11	as	as	ADP
ftr-441	1717	12	a	a	DET
ftr-441	1717	13	result	result	NOUN
ftr-441	1717	14	of	of	ADP
ftr-441	1717	15	the	the	DET
ftr-441	1717	16	1997	1997	NUM
ftr-441	1717	17	tax	tax	NOUN
ftr-441	1717	18	act	act	NOUN
ftr-441	1717	19	.	.	PUNCT
ftr-441	1718	1	this	this	PRON
ftr-441	1718	2	is	be	AUX
ftr-441	1718	3	because	because	SCONJ
ftr-441	1718	4	the	the	DET
ftr-441	1718	5	partnership	partnership	NOUN
ftr-441	1718	6	tax	tax	NOUN
ftr-441	1718	7	law	law	NOUN
ftr-441	1718	8	,	,	PUNCT
ftr-441	1718	9	in	in	ADP
ftr-441	1718	10	trying	try	VERB
ftr-441	1718	11	to	to	PART
ftr-441	1718	12	preserve	preserve	VERB
ftr-441	1718	13	character	character	NOUN
ftr-441	1718	14	due	due	ADP
ftr-441	1718	15	to	to	ADP
ftr-441	1718	16	the	the	DET
ftr-441	1718	17	nonrecognition	nonrecognition	NOUN
ftr-441	1718	18	consequences	consequence	NOUN
ftr-441	1718	19	of	of	ADP
ftr-441	1718	20	most	most	ADJ
ftr-441	1718	21	partnership	partnership	NOUN
ftr-441	1718	22	distributions	distribution	NOUN
ftr-441	1718	23	,	,	PUNCT
ftr-441	1718	24	merely	merely	ADV
ftr-441	1718	25	segregates	segregate	VERB
ftr-441	1718	26	certain	certain	ADJ
ftr-441	1718	27	ordinary	ordinary	ADJ
ftr-441	1718	28	income	income	NOUN
ftr-441	1718	29	assets	asset	NOUN
ftr-441	1718	30	from	from	ADP
ftr-441	1718	31	other	other	ADJ
ftr-441	1718	32	assets	asset	NOUN
ftr-441	1718	33	;	;	PUNCT
ftr-441	1718	34	it	it	PRON
ftr-441	1718	35	unjustifiably	unjustifiably	ADV
ftr-441	1718	36	treats	treat	VERB
ftr-441	1718	37	all	all	PRON
ftr-441	1718	38	of	of	ADP
ftr-441	1718	39	those	those	DET
ftr-441	1718	40	other	other	ADJ
ftr-441	1718	41	assets	asset	NOUN
ftr-441	1718	42	alike	alike	ADV
ftr-441	1718	43	.	.	PUNCT
ftr-441	1718	44	"	"	PUNCT
ftr-441	1719	1	as	as	SCONJ
ftr-441	1719	2	shown	show	VERB
ftr-441	1719	3	by	by	ADP
ftr-441	1719	4	example	example	NOUN
ftr-441	1719	5	1	1	NUM
ftr-441	1719	6	,	,	PUNCT
ftr-441	1719	7	this	this	DET
ftr-441	1719	8	procedure	procedure	NOUN
ftr-441	1719	9	is	be	AUX
ftr-441	1719	10	obviously	obviously	ADV
ftr-441	1719	11	incorrect	incorrect	ADJ
ftr-441	1719	12	to	to	ADP
ftr-441	1719	13	the	the	DET
ftr-441	1719	14	extent	extent	NOUN
ftr-441	1719	15	it	it	PRON
ftr-441	1719	16	lumps	lump	VERB
ftr-441	1719	17	depreciable	depreciable	ADJ
ftr-441	1719	18	and	and	CCONJ
ftr-441	1719	19	nondepreciable	nondepreciable	ADJ
ftr-441	1719	20	property	property	NOUN
ftr-441	1719	21	together	together	ADV
ftr-441	1719	22	.	.	PUNCT
ftr-441	1720	1	but	but	CCONJ
ftr-441	1720	2	it	it	PRON
ftr-441	1720	3	is	be	AUX
ftr-441	1720	4	even	even	ADV
ftr-441	1720	5	more	more	ADV
ftr-441	1720	6	incorrect	incorrect	ADJ
ftr-441	1720	7	under	under	ADP
ftr-441	1720	8	post-1997	post-1997	ADJ
ftr-441	1720	9	act	act	NOUN
ftr-441	1720	10	law	law	NOUN
ftr-441	1720	11	because	because	SCONJ
ftr-441	1720	12	of	of	ADP
ftr-441	1720	13	the	the	DET
ftr-441	1720	14	additional	additional	ADJ
ftr-441	1720	15	new	new	ADJ
ftr-441	1720	16	categories	category	NOUN
ftr-441	1720	17	of	of	ADP
ftr-441	1720	18	assets	asset	NOUN
ftr-441	1720	19	created	create	VERB
ftr-441	1720	20	by	by	ADP
ftr-441	1720	21	that	that	DET
ftr-441	1720	22	act	act	NOUN
ftr-441	1720	23	.	.	PUNCT
ftr-441	1721	1	depending	depend	VERB
ftr-441	1721	2	upon	upon	SCONJ
ftr-441	1721	3	the	the	DET
ftr-441	1721	4	tax	tax	NOUN
ftr-441	1721	5	bracket	bracket	NOUN
ftr-441	1721	6	of	of	ADP
ftr-441	1721	7	the	the	DET
ftr-441	1721	8	taxpayer	taxpayer	NOUN
ftr-441	1721	9	,	,	PUNCT
ftr-441	1721	10	the	the	DET
ftr-441	1721	11	nature	nature	NOUN
ftr-441	1721	12	of	of	ADP
ftr-441	1721	13	the	the	DET
ftr-441	1721	14	asset	asset	NOUN
ftr-441	1721	15	involved	involve	VERB
ftr-441	1721	16	,	,	PUNCT
ftr-441	1721	17	and	and	CCONJ
ftr-441	1721	18	its	its	PRON
ftr-441	1721	19	holding	hold	VERB
ftr-441	1721	20	period	period	NOUN
ftr-441	1721	21	,	,	PUNCT
ftr-441	1721	22	gains	gain	VERB
ftr-441	1721	23	on	on	ADP
ftr-441	1721	24	the	the	DET
ftr-441	1721	25	sale	sale	NOUN
ftr-441	1721	26	of	of	ADP
ftr-441	1721	27	assets	asset	NOUN
ftr-441	1721	28	may	may	AUX
ftr-441	1721	29	be	be	AUX
ftr-441	1721	30	taxed	tax	VERB
ftr-441	1721	31	at	at	ADP
ftr-441	1721	32	a	a	DET
ftr-441	1721	33	series	series	NOUN
ftr-441	1721	34	of	of	ADP
ftr-441	1721	35	possible	possible	ADJ
ftr-441	1721	36	tax	tax	NOUN
ftr-441	1721	37	rates	rate	NOUN
ftr-441	1721	38	ranging	range	VERB
ftr-441	1721	39	from	from	ADP
ftr-441	1721	40	8	8	NUM
ftr-441	1721	41	%	%	NOUN
ftr-441	1721	42	to	to	ADP
ftr-441	1721	43	ordinary	ordinary	ADJ
ftr-441	1721	44	income	income	NOUN
ftr-441	1721	45	rates.5	rates.5	NOUN
ftr-441	1721	46	"	"	PUNCT
ftr-441	1721	47	in	in	ADP
ftr-441	1721	48	addition	addition	NOUN
ftr-441	1721	49	,	,	PUNCT
ftr-441	1721	50	the	the	DET
ftr-441	1721	51	taxation	taxation	NOUN
ftr-441	1721	52	of	of	ADP
ftr-441	1721	53	gains	gain	NOUN
ftr-441	1721	54	from	from	ADP
ftr-441	1721	55	real	real	ADJ
ftr-441	1721	56	estate	estate	NOUN
ftr-441	1721	57	will	will	AUX
ftr-441	1721	58	vary	vary	VERB
ftr-441	1721	59	,	,	PUNCT
ftr-441	1721	60	depending	depend	VERB
ftr-441	1721	61	upon	upon	SCONJ
ftr-441	1721	62	whether	whether	SCONJ
ftr-441	1721	63	the	the	DET
ftr-441	1721	64	gain	gain	NOUN
ftr-441	1721	65	is	be	AUX
ftr-441	1721	66	attributable	attributable	ADJ
ftr-441	1721	67	to	to	ADP
ftr-441	1721	68	the	the	DET
ftr-441	1721	69	recapture	recapture	NOUN
ftr-441	1721	70	element	element	NOUN
ftr-441	1721	71	of	of	ADP
ftr-441	1721	72	depreciation	depreciation	NOUN
ftr-441	1721	73	,	,	PUNCT
ftr-441	1721	74	the	the	DET
ftr-441	1721	75	nonrecapture	nonrecapture	NOUN
ftr-441	1721	76	element	element	NOUN
ftr-441	1721	77	,	,	PUNCT
ftr-441	1721	78	or	or	CCONJ
ftr-441	1721	79	appreciation	appreciation	NOUN
ftr-441	1721	80	in	in	ADP
ftr-441	1721	81	value	value	NOUN
ftr-441	1721	82	.	.	PUNCT
ftr-441	1722	1	and	and	CCONJ
ftr-441	1722	2	the	the	DET
ftr-441	1722	3	tax	tax	NOUN
ftr-441	1722	4	treatment	treatment	NOUN
ftr-441	1722	5	of	of	ADP
ftr-441	1722	6	losses	loss	NOUN
ftr-441	1722	7	from	from	ADP
ftr-441	1722	8	assets	asset	NOUN
ftr-441	1722	9	and	and	CCONJ
ftr-441	1722	10	the	the	DET
ftr-441	1722	11	use	use	NOUN
ftr-441	1722	12	of	of	ADP
ftr-441	1722	13	assets	asset	NOUN
ftr-441	1722	14	will	will	AUX
ftr-441	1722	15	continue	continue	VERB
ftr-441	1722	16	to	to	PART
ftr-441	1722	17	be	be	AUX
ftr-441	1722	18	different	different	ADJ
ftr-441	1722	19	.	.	PUNCT
ftr-441	1723	1	in	in	ADP
ftr-441	1723	2	short	short	ADJ
ftr-441	1723	3	,	,	PUNCT
ftr-441	1723	4	current	current	ADJ
ftr-441	1723	5	law	law	NOUN
ftr-441	1723	6	's	's	PART
ftr-441	1723	7	treatment	treatment	NOUN
ftr-441	1723	8	of	of	ADP
ftr-441	1723	9	all	all	DET
ftr-441	1723	10	assets	asset	NOUN
ftr-441	1723	11	other	other	ADJ
ftr-441	1723	12	than	than	ADP
ftr-441	1723	13	ordinary	ordinary	ADJ
ftr-441	1723	14	income	income	NOUN
ftr-441	1723	15	assets	asset	NOUN
ftr-441	1723	16	as	as	ADP
ftr-441	1723	17	essentially	essentially	ADV
ftr-441	1723	18	fungible	fungible	ADJ
ftr-441	1723	19	items	item	NOUN
ftr-441	1723	20	for	for	ADP
ftr-441	1723	21	tax	tax	NOUN
ftr-441	1723	22	purposes	purpose	NOUN
ftr-441	1723	23	is	be	AUX
ftr-441	1723	24	now	now	ADV
ftr-441	1723	25	dramatically	dramatically	ADV
ftr-441	1723	26	incorrect	incorrect	ADJ
ftr-441	1723	27	,	,	PUNCT
ftr-441	1723	28	thanks	thank	NOUN
ftr-441	1723	29	to	to	ADP
ftr-441	1723	30	the	the	DET
ftr-441	1723	31	changes	change	NOUN
ftr-441	1723	32	of	of	ADP
ftr-441	1723	33	the	the	DET
ftr-441	1723	34	1997	1997	NUM
ftr-441	1723	35	act	act	NOUN
ftr-441	1723	36	.	.	PUNCT
ftr-441	1724	1	to	to	PART
ftr-441	1724	2	illustrate	illustrate	VERB
ftr-441	1724	3	another	another	DET
ftr-441	1724	4	potentially	potentially	ADV
ftr-441	1724	5	erroneous	erroneous	ADJ
ftr-441	1724	6	outcome	outcome	NOUN
ftr-441	1724	7	involving	involve	VERB
ftr-441	1724	8	the	the	DET
ftr-441	1724	9	mistiming	mistiming	ADJ
ftr-441	1724	10	and	and	CCONJ
ftr-441	1724	11	possible	possible	ADJ
ftr-441	1724	12	exemption	exemption	NOUN
ftr-441	1724	13	of	of	ADP
ftr-441	1724	14	income	income	NOUN
ftr-441	1724	15	under	under	ADP
ftr-441	1724	16	the	the	DET
ftr-441	1724	17	partnership	partnership	NOUN
ftr-441	1724	18	rules	rule	NOUN
ftr-441	1724	19	,	,	PUNCT
ftr-441	1724	20	consider	consider	VERB
ftr-441	1724	21	the	the	DET
ftr-441	1724	22	following	follow	VERB
ftr-441	1724	23	example:252	example:252	NOUN
ftr-441	1724	24	example	example	NOUN
ftr-441	1724	25	2	2	NUM
ftr-441	1724	26	.	.	X
ftr-441	1725	1	d	d	X
ftr-441	1725	2	,	,	PUNCT
ftr-441	1725	3	e	e	NOUN
ftr-441	1725	4	,	,	PUNCT
ftr-441	1725	5	and	and	CCONJ
ftr-441	1725	6	f	f	PROPN
ftr-441	1725	7	form	form	VERB
ftr-441	1725	8	a	a	DET
ftr-441	1725	9	partnership	partnership	NOUN
ftr-441	1725	10	to	to	PART
ftr-441	1725	11	start	start	VERB
ftr-441	1725	12	a	a	DET
ftr-441	1725	13	computer	computer	NOUN
ftr-441	1725	14	software	software	NOUN
ftr-441	1725	15	business	business	NOUN
ftr-441	1725	16	.	.	PUNCT
ftr-441	1726	1	d	d	NOUN
ftr-441	1726	2	and	and	CCONJ
ftr-441	1726	3	e	e	PRON
ftr-441	1726	4	agree	agree	VERB
ftr-441	1726	5	to	to	PART
ftr-441	1726	6	bankroll	bankroll	VERB
ftr-441	1726	7	the	the	DET
ftr-441	1726	8	know	know	NOUN
ftr-441	1726	9	-	-	PUNCT
ftr-441	1726	10	how	how	NOUN
ftr-441	1726	11	of	of	ADP
ftr-441	1726	12	partner	partner	NOUN
ftr-441	1726	13	f.	f.	PROPN
ftr-441	1726	14	f	f	PROPN
ftr-441	1726	15	initially	initially	ADV
ftr-441	1726	16	takes	take	VERB
ftr-441	1726	17	a	a	DET
ftr-441	1726	18	profits	profit	NOUN
ftr-441	1726	19	only	only	ADV
ftr-441	1726	20	interest	interest	NOUN
ftr-441	1726	21	in	in	ADP
ftr-441	1726	22	the	the	DET
ftr-441	1726	23	firm	firm	NOUN
ftr-441	1726	24	.	.	PUNCT
ftr-441	1727	1	if	if	SCONJ
ftr-441	1727	2	the	the	DET
ftr-441	1727	3	partnership	partnership	NOUN
ftr-441	1727	4	were	be	AUX
ftr-441	1727	5	liquidated	liquidate	VERB
ftr-441	1727	6	the	the	DET
ftr-441	1727	7	day	day	NOUN
ftr-441	1727	8	after	after	ADP
ftr-441	1727	9	formation	formation	NOUN
ftr-441	1727	10	,	,	PUNCT
ftr-441	1727	11	d	d	NOUN
ftr-441	1727	12	and	and	CCONJ
ftr-441	1727	13	e	e	PROPN
ftr-441	1727	14	would	would	AUX
ftr-441	1727	15	split	split	VERB
ftr-441	1727	16	all	all	DET
ftr-441	1727	17	the	the	DET
ftr-441	1727	18	money	money	NOUN
ftr-441	1727	19	and	and	CCONJ
ftr-441	1727	20	f	f	PROPN
ftr-441	1727	21	would	would	AUX
ftr-441	1727	22	get	get	VERB
ftr-441	1727	23	nothing	nothing	PRON
ftr-441	1727	24	.	.	PUNCT
ftr-441	1728	1	250	250	NUM
ftr-441	1728	2	.	.	PUNCT
ftr-441	1729	1	see	see	VERB
ftr-441	1729	2	,	,	PUNCT
ftr-441	1729	3	e.g.	e.g.	ADV
ftr-441	1729	4	,	,	PUNCT
ftr-441	1729	5	irc	irc	PROPN
ftr-441	1729	6	§	§	PROPN
ftr-441	1729	7	732(c)(1	732(c)(1	NUM
ftr-441	1729	8	)	)	PUNCT
ftr-441	1729	9	.	.	PUNCT
ftr-441	1730	1	251	251	NUM
ftr-441	1730	2	.	.	PUNCT
ftr-441	1731	1	see	see	VERB
ftr-441	1731	2	irc	irc	PROPN
ftr-441	1731	3	§	§	PROPN
ftr-441	1731	4	1(h	1(h	NUM
ftr-441	1731	5	)	)	PUNCT
ftr-441	1731	6	,	,	PUNCT
ftr-441	1731	7	as	as	SCONJ
ftr-441	1731	8	amended	amend	VERB
ftr-441	1731	9	by	by	ADP
ftr-441	1731	10	the	the	DET
ftr-441	1731	11	1997	1997	NUM
ftr-441	1731	12	act	act	NOUN
ftr-441	1731	13	.	.	PUNCT
ftr-441	1732	1	in	in	ADP
ftr-441	1732	2	addition	addition	NOUN
ftr-441	1732	3	to	to	ADP
ftr-441	1732	4	the	the	DET
ftr-441	1732	5	difference	difference	NOUN
ftr-441	1732	6	in	in	ADP
ftr-441	1732	7	tax	tax	NOUN
ftr-441	1732	8	rates	rate	NOUN
ftr-441	1732	9	,	,	PUNCT
ftr-441	1732	10	the	the	DET
ftr-441	1732	11	amount	amount	NOUN
ftr-441	1732	12	of	of	ADP
ftr-441	1732	13	gain	gain	NOUN
ftr-441	1732	14	subject	subject	ADJ
ftr-441	1732	15	to	to	ADP
ftr-441	1732	16	tax	tax	NOUN
ftr-441	1732	17	may	may	AUX
ftr-441	1732	18	also	also	ADV
ftr-441	1732	19	vary	vary	VERB
ftr-441	1732	20	,	,	PUNCT
ftr-441	1732	21	depending	depend	VERB
ftr-441	1732	22	upon	upon	SCONJ
ftr-441	1732	23	the	the	DET
ftr-441	1732	24	asset	asset	NOUN
ftr-441	1732	25	.	.	PUNCT
ftr-441	1733	1	see	see	VERB
ftr-441	1733	2	,	,	PUNCT
ftr-441	1733	3	e.g.	e.g.	ADV
ftr-441	1733	4	,	,	PUNCT
ftr-441	1733	5	irc	irc	ADV
ftr-441	1733	6	§	§	ADJ
ftr-441	1733	7	1202(a	1202(a	NOUN
ftr-441	1733	8	)	)	PUNCT
ftr-441	1733	9	(	(	PUNCT
ftr-441	1733	10	50	50	NUM
ftr-441	1733	11	%	%	NOUN
ftr-441	1733	12	exclusion	exclusion	NOUN
ftr-441	1733	13	from	from	ADP
ftr-441	1733	14	gain	gain	NOUN
ftr-441	1733	15	on	on	ADP
ftr-441	1733	16	sale	sale	NOUN
ftr-441	1733	17	of	of	ADP
ftr-441	1733	18	certain	certain	ADJ
ftr-441	1733	19	qualified	qualified	ADJ
ftr-441	1733	20	small	small	ADJ
ftr-441	1733	21	business	business	NOUN
ftr-441	1733	22	stock	stock	NOUN
ftr-441	1733	23	)	)	PUNCT
ftr-441	1733	24	and	and	CCONJ
ftr-441	1733	25	irc	irc	ADP
ftr-441	1733	26	§	§	PROPN
ftr-441	1733	27	121	121	NUM
ftr-441	1733	28	,	,	PUNCT
ftr-441	1733	29	as	as	SCONJ
ftr-441	1733	30	amended	amend	VERB
ftr-441	1733	31	by	by	ADP
ftr-441	1733	32	the	the	DET
ftr-441	1733	33	1997	1997	NUM
ftr-441	1733	34	act	act	NOUN
ftr-441	1733	35	(	(	PUNCT
ftr-441	1733	36	$	$	SYM
ftr-441	1733	37	250,000/$500,000	250,000/$500,000	NUM
ftr-441	1733	38	exemption	exemption	NOUN
ftr-441	1733	39	from	from	ADP
ftr-441	1733	40	sale	sale	NOUN
ftr-441	1733	41	of	of	ADP
ftr-441	1733	42	principal	principal	ADJ
ftr-441	1733	43	residence	residence	NOUN
ftr-441	1733	44	)	)	PUNCT
ftr-441	1733	45	.	.	PUNCT
ftr-441	1734	1	252	252	NUM
ftr-441	1734	2	.	.	PUNCT
ftr-441	1735	1	cf	cf	NOUN
ftr-441	1735	2	.	.	PUNCT
ftr-441	1736	1	mark	mark	PROPN
ftr-441	1736	2	p.	p.	PROPN
ftr-441	1736	3	gergen	gergen	PROPN
ftr-441	1736	4	,	,	PUNCT
ftr-441	1736	5	reforming	reform	VERB
ftr-441	1736	6	subchapter	subchapter	NOUN
ftr-441	1736	7	k	k	NOUN
ftr-441	1736	8	:	:	PUNCT
ftr-441	1736	9	compensating	compensate	VERB
ftr-441	1736	10	service	service	NOUN
ftr-441	1736	11	partners	partner	NOUN
ftr-441	1736	12	,	,	PUNCT
ftr-441	1736	13	48	48	NUM
ftr-441	1736	14	tax	tax	NOUN
ftr-441	1736	15	l.	l.	PROPN
ftr-441	1736	16	rev	rev	PROPN
ftr-441	1736	17	.	.	PROPN
ftr-441	1736	18	69	69	NUM
ftr-441	1736	19	,	,	PUNCT
ftr-441	1736	20	99	99	NUM
ftr-441	1736	21	-	-	SYM
ftr-441	1736	22	100	100	NUM
ftr-441	1736	23	(	(	PUNCT
ftr-441	1736	24	1992	1992	NUM
ftr-441	1736	25	)	)	PUNCT
ftr-441	1736	26	.	.	PUNCT
ftr-441	1737	1	again	again	ADV
ftr-441	1737	2	,	,	PUNCT
ftr-441	1737	3	this	this	DET
ftr-441	1737	4	example	example	NOUN
ftr-441	1737	5	disregards	disregard	VERB
ftr-441	1737	6	the	the	DET
ftr-441	1737	7	potential	potential	ADJ
ftr-441	1737	8	application	application	NOUN
ftr-441	1737	9	of	of	ADP
ftr-441	1737	10	the	the	DET
ftr-441	1737	11	general	general	PROPN
ftr-441	1737	12	partnership	partnership	NOUN
ftr-441	1737	13	anti	anti	ADJ
ftr-441	1737	14	-	-	ADJ
ftr-441	1737	15	abuse	abuse	ADJ
ftr-441	1737	16	rule	rule	NOUN
ftr-441	1737	17	.	.	PUNCT
ftr-441	1738	1	[	[	X
ftr-441	1738	2	vol	vol	NOUN
ftr-441	1738	3	.	.	PUNCT
ftr-441	1738	4	4:3	4:3	NUM
ftr-441	1738	5	the	the	DET
ftr-441	1738	6	future	future	ADJ
ftr-441	1738	7	taxation	taxation	NOUN
ftr-441	1738	8	of	of	ADP
ftr-441	1738	9	private	private	ADJ
ftr-441	1738	10	business	business	NOUN
ftr-441	1738	11	finns	finn	NOUN
ftr-441	1738	12	during	during	ADP
ftr-441	1738	13	the	the	DET
ftr-441	1738	14	early	early	ADJ
ftr-441	1738	15	years	year	NOUN
ftr-441	1738	16	,	,	PUNCT
ftr-441	1738	17	f	f	PROPN
ftr-441	1738	18	is	be	AUX
ftr-441	1738	19	compensated	compensate	VERB
ftr-441	1738	20	through	through	ADP
ftr-441	1738	21	a	a	DET
ftr-441	1738	22	modest	modest	ADJ
ftr-441	1738	23	guaranteed	guarantee	VERB
ftr-441	1738	24	payment	payment	NOUN
ftr-441	1738	25	,	,	PUNCT
ftr-441	1738	26	with	with	ADP
ftr-441	1738	27	d	d	PROPN
ftr-441	1738	28	and	and	CCONJ
ftr-441	1738	29	e	e	NOUN
ftr-441	1738	30	splitting	split	VERB
ftr-441	1738	31	all	all	DET
ftr-441	1738	32	losses	loss	NOUN
ftr-441	1738	33	of	of	ADP
ftr-441	1738	34	the	the	DET
ftr-441	1738	35	venture	venture	NOUN
ftr-441	1738	36	.	.	PUNCT
ftr-441	1739	1	business	business	NOUN
ftr-441	1739	2	begins	begin	VERB
ftr-441	1739	3	to	to	PART
ftr-441	1739	4	look	look	VERB
ftr-441	1739	5	promising	promise	VERB
ftr-441	1739	6	for	for	SCONJ
ftr-441	1739	7	the	the	DET
ftr-441	1739	8	product	product	NOUN
ftr-441	1739	9	being	be	AUX
ftr-441	1739	10	produced	produce	VERB
ftr-441	1739	11	by	by	ADP
ftr-441	1739	12	the	the	DET
ftr-441	1739	13	firm	firm	NOUN
ftr-441	1739	14	.	.	PUNCT
ftr-441	1740	1	at	at	ADP
ftr-441	1740	2	that	that	DET
ftr-441	1740	3	point	point	NOUN
ftr-441	1740	4	,	,	PUNCT
ftr-441	1740	5	the	the	DET
ftr-441	1740	6	partners	partner	NOUN
ftr-441	1740	7	have	have	VERB
ftr-441	1740	8	a	a	DET
ftr-441	1740	9	falling	fall	VERB
ftr-441	1740	10	out	out	ADP
ftr-441	1740	11	and	and	CCONJ
ftr-441	1740	12	decide	decide	VERB
ftr-441	1740	13	to	to	PART
ftr-441	1740	14	split	split	VERB
ftr-441	1740	15	up	up	ADP
ftr-441	1740	16	.	.	PUNCT
ftr-441	1741	1	the	the	DET
ftr-441	1741	2	partners	partner	NOUN
ftr-441	1741	3	book	book	VERB
ftr-441	1741	4	up	up	ADP
ftr-441	1741	5	their	their	PRON
ftr-441	1741	6	capital	capital	NOUN
ftr-441	1741	7	accounts	account	NOUN
ftr-441	1741	8	to	to	PART
ftr-441	1741	9	reflect	reflect	VERB
ftr-441	1741	10	the	the	DET
ftr-441	1741	11	current	current	ADJ
ftr-441	1741	12	value	value	NOUN
ftr-441	1741	13	of	of	ADP
ftr-441	1741	14	the	the	DET
ftr-441	1741	15	firm	firm	NOUN
ftr-441	1741	16	's	's	PART
ftr-441	1741	17	product	product	NOUN
ftr-441	1741	18	and	and	CCONJ
ftr-441	1741	19	the	the	DET
ftr-441	1741	20	firm	firm	NOUN
ftr-441	1741	21	then	then	ADV
ftr-441	1741	22	liquidates	liquidate	VERB
ftr-441	1741	23	f	f	PROPN
ftr-441	1741	24	's	's	PART
ftr-441	1741	25	interest	interest	NOUN
ftr-441	1741	26	,	,	PUNCT
ftr-441	1741	27	which	which	PRON
ftr-441	1741	28	is	be	AUX
ftr-441	1741	29	now	now	ADV
ftr-441	1741	30	worth	worth	ADJ
ftr-441	1741	31	$	$	SYM
ftr-441	1741	32	500,000	500,000	NUM
ftr-441	1741	33	.	.	PUNCT
ftr-441	1742	1	the	the	DET
ftr-441	1742	2	partnership	partnership	NOUN
ftr-441	1742	3	purchases	purchase	NOUN
ftr-441	1742	4	and	and	CCONJ
ftr-441	1742	5	distributes	distribute	VERB
ftr-441	1742	6	to	to	ADP
ftr-441	1742	7	f	f	PROPN
ftr-441	1742	8	a	a	DET
ftr-441	1742	9	$	$	SYM
ftr-441	1742	10	500,000	500,000	NUM
ftr-441	1742	11	collectible	collectible	NOUN
ftr-441	1742	12	desired	desire	VERB
ftr-441	1742	13	by	by	ADP
ftr-441	1742	14	f	f	PROPN
ftr-441	1742	15	,	,	PUNCT
ftr-441	1742	16	which	which	PRON
ftr-441	1742	17	f	f	PROPN
ftr-441	1742	18	continues	continue	VERB
ftr-441	1742	19	to	to	PART
ftr-441	1742	20	hold	hold	VERB
ftr-441	1742	21	after	after	ADP
ftr-441	1742	22	the	the	DET
ftr-441	1742	23	liquidation	liquidation	NOUN
ftr-441	1742	24	.	.	PUNCT
ftr-441	1743	1	alternatively	alternatively	ADV
ftr-441	1743	2	,	,	PUNCT
ftr-441	1743	3	the	the	DET
ftr-441	1743	4	firm	firm	ADJ
ftr-441	1743	5	purchases	purchase	VERB
ftr-441	1743	6	and	and	CCONJ
ftr-441	1743	7	distributes	distribute	VERB
ftr-441	1743	8	residential	residential	ADJ
ftr-441	1743	9	property	property	NOUN
ftr-441	1743	10	desired	desire	VERB
ftr-441	1743	11	by	by	ADP
ftr-441	1743	12	f	f	PROPN
ftr-441	1743	13	worth	worth	ADJ
ftr-441	1743	14	$	$	SYM
ftr-441	1743	15	500,000	500,000	NUM
ftr-441	1743	16	which	which	PRON
ftr-441	1743	17	f	f	PRON
ftr-441	1743	18	lives	live	VERB
ftr-441	1743	19	in	in	ADV
ftr-441	1743	20	for	for	ADP
ftr-441	1743	21	a	a	DET
ftr-441	1743	22	couple	couple	NOUN
ftr-441	1743	23	of	of	ADP
ftr-441	1743	24	years	year	NOUN
ftr-441	1743	25	and	and	CCONJ
ftr-441	1743	26	then	then	ADV
ftr-441	1743	27	sells	sell	VERB
ftr-441	1743	28	for	for	ADP
ftr-441	1743	29	cash	cash	NOUN
ftr-441	1743	30	.	.	PUNCT
ftr-441	1744	1	do	do	VERB
ftr-441	1744	2	any	any	PRON
ftr-441	1744	3	of	of	ADP
ftr-441	1744	4	these	these	DET
ftr-441	1744	5	events	event	NOUN
ftr-441	1744	6	,	,	PUNCT
ftr-441	1744	7	other	other	ADJ
ftr-441	1744	8	than	than	ADP
ftr-441	1744	9	the	the	DET
ftr-441	1744	10	income	income	NOUN
ftr-441	1744	11	from	from	ADP
ftr-441	1744	12	the	the	DET
ftr-441	1744	13	guaranteed	guarantee	VERB
ftr-441	1744	14	payment	payment	NOUN
ftr-441	1744	15	,	,	PUNCT
ftr-441	1744	16	generate	generate	VERB
ftr-441	1744	17	any	any	DET
ftr-441	1744	18	tax	tax	NOUN
ftr-441	1744	19	consequences	consequence	NOUN
ftr-441	1744	20	to	to	ADP
ftr-441	1744	21	f	f	PROPN
ftr-441	1744	22	?	?	PUNCT
ftr-441	1745	1	true	true	ADJ
ftr-441	1745	2	,	,	PUNCT
ftr-441	1745	3	if	if	SCONJ
ftr-441	1745	4	f	f	PROPN
ftr-441	1745	5	is	be	AUX
ftr-441	1745	6	untaxed	untaxe	VERB
ftr-441	1745	7	,	,	PUNCT
ftr-441	1745	8	f	f	PROPN
ftr-441	1745	9	may	may	AUX
ftr-441	1745	10	end	end	VERB
ftr-441	1745	11	up	up	ADP
ftr-441	1745	12	with	with	ADP
ftr-441	1745	13	a	a	DET
ftr-441	1745	14	zero	zero	NUM
ftr-441	1745	15	basis	basis	NOUN
ftr-441	1745	16	in	in	ADP
ftr-441	1745	17	the	the	DET
ftr-441	1745	18	collectible	collectible	NOUN
ftr-441	1745	19	or	or	CCONJ
ftr-441	1745	20	the	the	DET
ftr-441	1745	21	residential	residential	ADJ
ftr-441	1745	22	property	property	NOUN
ftr-441	1745	23	following	follow	VERB
ftr-441	1745	24	the	the	DET
ftr-441	1745	25	distribution	distribution	NOUN
ftr-441	1745	26	,	,	PUNCT
ftr-441	1745	27	but	but	CCONJ
ftr-441	1745	28	f	f	PROPN
ftr-441	1745	29	may	may	AUX
ftr-441	1745	30	be	be	AUX
ftr-441	1745	31	willing	willing	ADJ
ftr-441	1745	32	to	to	PART
ftr-441	1745	33	hold	hold	VERB
ftr-441	1745	34	onto	onto	ADP
ftr-441	1745	35	them	they	PRON
ftr-441	1745	36	for	for	ADP
ftr-441	1745	37	some	some	DET
ftr-441	1745	38	time	time	NOUN
ftr-441	1745	39	,	,	PUNCT
ftr-441	1745	40	maybe	maybe	ADV
ftr-441	1745	41	until	until	ADP
ftr-441	1745	42	f	f	PROPN
ftr-441	1745	43	's	's	PART
ftr-441	1745	44	death	death	NOUN
ftr-441	1745	45	.	.	PUNCT
ftr-441	1746	1	3	3	NUM
ftr-441	1747	1	and	and	CCONJ
ftr-441	1747	2	f	f	PROPN
ftr-441	1747	3	may	may	AUX
ftr-441	1747	4	sell	sell	VERB
ftr-441	1747	5	the	the	DET
ftr-441	1747	6	residence	residence	NOUN
ftr-441	1747	7	after	after	ADP
ftr-441	1747	8	living	live	VERB
ftr-441	1747	9	in	in	ADP
ftr-441	1747	10	it	it	PRON
ftr-441	1747	11	for	for	ADP
ftr-441	1747	12	a	a	DET
ftr-441	1747	13	minimum	minimum	ADJ
ftr-441	1747	14	period	period	NOUN
ftr-441	1747	15	of	of	ADP
ftr-441	1747	16	time	time	NOUN
ftr-441	1747	17	and	and	CCONJ
ftr-441	1747	18	avoid	avoid	VERB
ftr-441	1747	19	paying	pay	VERB
ftr-441	1747	20	any	any	DET
ftr-441	1747	21	tax	tax	NOUN
ftr-441	1747	22	whatsoever	whatsoever	ADV
ftr-441	1747	23	on	on	ADP
ftr-441	1747	24	most	most	ADJ
ftr-441	1747	25	or	or	CCONJ
ftr-441	1747	26	all	all	PRON
ftr-441	1747	27	of	of	ADP
ftr-441	1747	28	the	the	DET
ftr-441	1747	29	gain	gain	NOUN
ftr-441	1747	30	from	from	ADP
ftr-441	1747	31	the	the	DET
ftr-441	1747	32	sale	sale	NOUN
ftr-441	1747	33	.	.	PUNCT
ftr-441	1747	34	'	'	PUNCT
ftr-441	1748	1	"	"	PUNCT
ftr-441	1748	2	in	in	ADP
ftr-441	1748	3	summary	summary	NOUN
ftr-441	1748	4	,	,	PUNCT
ftr-441	1748	5	the	the	DET
ftr-441	1748	6	enormous	enormous	ADJ
ftr-441	1748	7	complexity	complexity	NOUN
ftr-441	1748	8	of	of	ADP
ftr-441	1748	9	the	the	DET
ftr-441	1748	10	partnership	partnership	NOUN
ftr-441	1748	11	contribution	contribution	NOUN
ftr-441	1748	12	and	and	CCONJ
ftr-441	1748	13	distribution	distribution	NOUN
ftr-441	1748	14	rules	rule	NOUN
ftr-441	1748	15	and	and	CCONJ
ftr-441	1748	16	their	their	PRON
ftr-441	1748	17	continued	continue	VERB
ftr-441	1748	18	ineffectiveness	ineffectiveness	NOUN
ftr-441	1748	19	,	,	PUNCT
ftr-441	1748	20	which	which	PRON
ftr-441	1748	21	might	might	AUX
ftr-441	1748	22	foreshadow	foreshadow	VERB
ftr-441	1748	23	further	further	ADJ
ftr-441	1748	24	change	change	NOUN
ftr-441	1748	25	in	in	ADP
ftr-441	1748	26	the	the	DET
ftr-441	1748	27	rules	rule	NOUN
ftr-441	1748	28	and	and	CCONJ
ftr-441	1748	29	even	even	ADV
ftr-441	1748	30	more	more	ADJ
ftr-441	1748	31	complication	complication	NOUN
ftr-441	1748	32	,	,	PUNCT
ftr-441	1748	33	provide	provide	VERB
ftr-441	1748	34	powerful	powerful	ADJ
ftr-441	1748	35	support	support	NOUN
ftr-441	1748	36	for	for	ADP
ftr-441	1748	37	more	more	ADV
ftr-441	1748	38	restrictive	restrictive	ADJ
ftr-441	1748	39	rules	rule	NOUN
ftr-441	1748	40	,	,	PUNCT
ftr-441	1748	41	such	such	ADJ
ftr-441	1748	42	as	as	ADP
ftr-441	1748	43	those	those	PRON
ftr-441	1748	44	in	in	ADP
ftr-441	1748	45	subchapter	subchapter	NOUN
ftr-441	1748	46	s	s	PART
ftr-441	1748	47	,	,	PUNCT
ftr-441	1748	48	for	for	ADP
ftr-441	1748	49	the	the	DET
ftr-441	1748	50	spbf	spbf	ADJ
ftr-441	1748	51	system	system	NOUN
ftr-441	1748	52	.	.	PUNCT
ftr-441	1749	1	the	the	DET
ftr-441	1749	2	following	follow	VERB
ftr-441	1749	3	sections	section	NOUN
ftr-441	1749	4	consider	consider	VERB
ftr-441	1749	5	some	some	DET
ftr-441	1749	6	possible	possible	ADJ
ftr-441	1749	7	counterarguments	counterargument	NOUN
ftr-441	1749	8	:	:	PUNCT
ftr-441	1749	9	i.	i.	NOUN
ftr-441	1749	10	entity	entity	NOUN
ftr-441	1749	11	versus	versus	ADP
ftr-441	1749	12	aggregate	aggregate	ADJ
ftr-441	1749	13	theory	theory	NOUN
ftr-441	1749	14	of	of	ADP
ftr-441	1749	15	the	the	DET
ftr-441	1749	16	firm.-it	firm.-it	NOUN
ftr-441	1749	17	might	might	AUX
ftr-441	1749	18	be	be	AUX
ftr-441	1749	19	argued	argue	VERB
ftr-441	1749	20	that	that	SCONJ
ftr-441	1749	21	the	the	DET
ftr-441	1749	22	s	s	PROPN
ftr-441	1749	23	corporation	corporation	NOUN
ftr-441	1749	24	rules	rule	NOUN
ftr-441	1749	25	are	be	AUX
ftr-441	1749	26	consistent	consistent	ADJ
ftr-441	1749	27	with	with	ADP
ftr-441	1749	28	an	an	DET
ftr-441	1749	29	entity	entity	NOUN
ftr-441	1749	30	theory	theory	NOUN
ftr-441	1749	31	of	of	ADP
ftr-441	1749	32	the	the	DET
ftr-441	1749	33	firm	firm	NOUN
ftr-441	1749	34	whereas	whereas	SCONJ
ftr-441	1749	35	the	the	DET
ftr-441	1749	36	partnership	partnership	NOUN
ftr-441	1749	37	rules	rule	VERB
ftr-441	1749	38	favor	favor	VERB
ftr-441	1749	39	the	the	DET
ftr-441	1749	40	aggregate	aggregate	ADJ
ftr-441	1749	41	or	or	CCONJ
ftr-441	1749	42	conduit	conduit	NOUN
ftr-441	1749	43	theory	theory	NOUN
ftr-441	1749	44	.	.	PUNCT
ftr-441	1750	1	because	because	SCONJ
ftr-441	1750	2	the	the	DET
ftr-441	1750	3	spbf	spbf	NOUN
ftr-441	1750	4	system	system	NOUN
ftr-441	1750	5	involves	involve	VERB
ftr-441	1750	6	a	a	DET
ftr-441	1750	7	simplified	simplified	ADJ
ftr-441	1750	8	version	version	NOUN
ftr-441	1750	9	of	of	ADP
ftr-441	1750	10	conduit	conduit	NOUN
ftr-441	1750	11	taxation	taxation	NOUN
ftr-441	1750	12	,	,	PUNCT
ftr-441	1750	13	the	the	DET
ftr-441	1750	14	partnership	partnership	NOUN
ftr-441	1750	15	and	and	CCONJ
ftr-441	1750	16	not	not	PART
ftr-441	1750	17	the	the	DET
ftr-441	1750	18	s	s	PROPN
ftr-441	1750	19	corporation	corporation	NOUN
ftr-441	1750	20	rules	rule	NOUN
ftr-441	1750	21	should	should	AUX
ftr-441	1750	22	therefore	therefore	ADV
ftr-441	1750	23	be	be	AUX
ftr-441	1750	24	the	the	DET
ftr-441	1750	25	appropriate	appropriate	ADJ
ftr-441	1750	26	starting	starting	NOUN
ftr-441	1750	27	model	model	NOUN
ftr-441	1750	28	.	.	PUNCT
ftr-441	1751	1	in	in	ADP
ftr-441	1751	2	fact	fact	NOUN
ftr-441	1751	3	,	,	PUNCT
ftr-441	1751	4	however	however	ADV
ftr-441	1751	5	,	,	PUNCT
ftr-441	1751	6	neither	neither	CCONJ
ftr-441	1751	7	the	the	DET
ftr-441	1751	8	s	s	PROPN
ftr-441	1751	9	corporation	corporation	NOUN
ftr-441	1751	10	nor	nor	CCONJ
ftr-441	1751	11	the	the	DET
ftr-441	1751	12	partnership	partnership	NOUN
ftr-441	1751	13	rules	rule	NOUN
ftr-441	1751	14	are	be	AUX
ftr-441	1751	15	supported	support	VERB
ftr-441	1751	16	by	by	ADP
ftr-441	1751	17	either	either	CCONJ
ftr-441	1751	18	an	an	DET
ftr-441	1751	19	aggregate	aggregate	NOUN
ftr-441	1751	20	or	or	CCONJ
ftr-441	1751	21	an	an	DET
ftr-441	1751	22	entity	entity	NOUN
ftr-441	1751	23	theory	theory	NOUN
ftr-441	1751	24	of	of	ADP
ftr-441	1751	25	the	the	DET
ftr-441	1751	26	firm	firm	NOUN
ftr-441	1751	27	.	.	PUNCT
ftr-441	1752	1	an	an	DET
ftr-441	1752	2	entity	entity	NOUN
ftr-441	1752	3	theory	theory	NOUN
ftr-441	1752	4	would	would	AUX
ftr-441	1752	5	suggest	suggest	VERB
ftr-441	1752	6	that	that	SCONJ
ftr-441	1752	7	property	property	NOUN
ftr-441	1752	8	transfers	transfer	NOUN
ftr-441	1752	9	between	between	ADP
ftr-441	1752	10	the	the	DET
ftr-441	1752	11	owners	owner	NOUN
ftr-441	1752	12	and	and	CCONJ
ftr-441	1752	13	the	the	DET
ftr-441	1752	14	firm	firm	NOUN
ftr-441	1752	15	are	be	AUX
ftr-441	1752	16	generally	generally	ADV
ftr-441	1752	17	taxable	taxable	ADJ
ftr-441	1752	18	ones	one	NOUN
ftr-441	1752	19	with	with	ADP
ftr-441	1752	20	perhaps	perhaps	ADV
ftr-441	1752	21	some	some	DET
ftr-441	1752	22	relaxation	relaxation	NOUN
ftr-441	1752	23	of	of	ADP
ftr-441	1752	24	that	that	DET
ftr-441	1752	25	result	result	NOUN
ftr-441	1752	26	where	where	SCONJ
ftr-441	1752	27	the	the	DET
ftr-441	1752	28	firm	firm	NOUN
ftr-441	1752	29	is	be	AUX
ftr-441	1752	30	a	a	DET
ftr-441	1752	31	mere	mere	ADJ
ftr-441	1752	32	alter	alter	NOUN
ftr-441	1752	33	ego	ego	NOUN
ftr-441	1752	34	of	of	ADP
ftr-441	1752	35	the	the	DET
ftr-441	1752	36	owner	owner	NOUN
ftr-441	1752	37	so	so	SCONJ
ftr-441	1752	38	that	that	SCONJ
ftr-441	1752	39	the	the	DET
ftr-441	1752	40	transfer	transfer	NOUN
ftr-441	1752	41	effects	effect	VERB
ftr-441	1752	42	a	a	DET
ftr-441	1752	43	mere	mere	ADJ
ftr-441	1752	44	change	change	NOUN
ftr-441	1752	45	in	in	ADP
ftr-441	1752	46	form	form	NOUN
ftr-441	1752	47	in	in	ADP
ftr-441	1752	48	the	the	DET
ftr-441	1752	49	owner	owner	NOUN
ftr-441	1752	50	's	's	PART
ftr-441	1752	51	investment	investment	NOUN
ftr-441	1752	52	.	.	PUNCT
ftr-441	1753	1	5	5	NUM
ftr-441	1754	1	but	but	CCONJ
ftr-441	1754	2	certainly	certainly	ADV
ftr-441	1754	3	the	the	DET
ftr-441	1754	4	"	"	PUNCT
ftr-441	1754	5	alter	alter	NOUN
ftr-441	1754	6	ego	ego	NOUN
ftr-441	1754	7	"	"	PUNCT
ftr-441	1754	8	253	253	NUM
ftr-441	1754	9	.	.	PUNCT
ftr-441	1755	1	see	see	VERB
ftr-441	1755	2	irc	irc	PROPN
ftr-441	1755	3	§	§	PROPN
ftr-441	1755	4	732(b	732(b	PROPN
ftr-441	1755	5	)	)	PUNCT
ftr-441	1755	6	.	.	PUNCT
ftr-441	1756	1	254	254	NUM
ftr-441	1756	2	.	.	PUNCT
ftr-441	1757	1	see	see	VERB
ftr-441	1757	2	irc	irc	PROPN
ftr-441	1757	3	§	§	PROPN
ftr-441	1757	4	121(a	121(a	PROPN
ftr-441	1757	5	)	)	PUNCT
ftr-441	1757	6	.	.	PUNCT
ftr-441	1758	1	255	255	X
ftr-441	1758	2	.	.	PUNCT
ftr-441	1759	1	this	this	PRON
ftr-441	1759	2	is	be	AUX
ftr-441	1759	3	the	the	DET
ftr-441	1759	4	common	common	ADJ
ftr-441	1759	5	explanation	explanation	NOUN
ftr-441	1759	6	for	for	ADP
ftr-441	1759	7	§	§	PROPN
ftr-441	1759	8	351	351	NUM
ftr-441	1759	9	.	.	PUNCT
ftr-441	1760	1	see	see	VERB
ftr-441	1760	2	portland	portland	PROPN
ftr-441	1760	3	oil	oil	PROPN
ftr-441	1760	4	co.	co.	PROPN
ftr-441	1760	5	v.	v.	PROPN
ftr-441	1760	6	commissioner	commissioner	PROPN
ftr-441	1760	7	,	,	PUNCT
ftr-441	1760	8	109	109	NUM
ftr-441	1760	9	f.2d	f.2d	NUM
ftr-441	1760	10	479	479	NUM
ftr-441	1760	11	,	,	PUNCT
ftr-441	1760	12	488	488	NUM
ftr-441	1760	13	(	(	PUNCT
ftr-441	1760	14	1st	1st	ADJ
ftr-441	1760	15	cir	cir	NOUN
ftr-441	1760	16	.	.	PUNCT
ftr-441	1760	17	1940	1940	NUM
ftr-441	1760	18	)	)	PUNCT
ftr-441	1760	19	,	,	PUNCT
ftr-441	1760	20	cert	cert	PROPN
ftr-441	1760	21	.	.	PUNCT
ftr-441	1761	1	denied	deny	VERB
ftr-441	1761	2	,	,	PUNCT
ftr-441	1761	3	310	310	NUM
ftr-441	1761	4	u.s	u.s	PROPN
ftr-441	1761	5	.	.	PROPN
ftr-441	1761	6	650	650	NUM
ftr-441	1761	7	(	(	PUNCT
ftr-441	1761	8	1940	1940	NUM
ftr-441	1761	9	)	)	PUNCT
ftr-441	1761	10	.	.	PUNCT
ftr-441	1762	1	19991	19991	NUM
ftr-441	1762	2	florida	florida	PROPN
ftr-441	1762	3	tax	tax	NOUN
ftr-441	1762	4	review	review	NOUN
ftr-441	1762	5	exception	exception	NOUN
ftr-441	1762	6	would	would	AUX
ftr-441	1762	7	not	not	PART
ftr-441	1762	8	support	support	VERB
ftr-441	1762	9	the	the	DET
ftr-441	1762	10	general	general	ADJ
ftr-441	1762	11	rules	rule	NOUN
ftr-441	1762	12	in	in	ADP
ftr-441	1762	13	the	the	DET
ftr-441	1762	14	partnership	partnership	NOUN
ftr-441	1762	15	area	area	NOUN
ftr-441	1762	16	,	,	PUNCT
ftr-441	1762	17	which	which	PRON
ftr-441	1762	18	permit	permit	VERB
ftr-441	1762	19	virtually	virtually	ADV
ftr-441	1762	20	any	any	DET
ftr-441	1762	21	transfer	transfer	NOUN
ftr-441	1762	22	of	of	ADP
ftr-441	1762	23	property	property	NOUN
ftr-441	1762	24	between	between	ADP
ftr-441	1762	25	a	a	DET
ftr-441	1762	26	partnership	partnership	NOUN
ftr-441	1762	27	and	and	CCONJ
ftr-441	1762	28	partner	partner	NOUN
ftr-441	1762	29	to	to	PART
ftr-441	1762	30	be	be	AUX
ftr-441	1762	31	tax	tax	NOUN
ftr-441	1762	32	-	-	PUNCT
ftr-441	1762	33	free	free	ADJ
ftr-441	1762	34	.	.	PUNCT
ftr-441	1763	1	nor	nor	CCONJ
ftr-441	1763	2	would	would	AUX
ftr-441	1763	3	an	an	DET
ftr-441	1763	4	alter	alter	NOUN
ftr-441	1763	5	ego	ego	NOUN
ftr-441	1763	6	or	or	CCONJ
ftr-441	1763	7	mere	mere	ADJ
ftr-441	1763	8	change	change	NOUN
ftr-441	1763	9	in	in	ADP
ftr-441	1763	10	form	form	NOUN
ftr-441	1763	11	exception	exception	NOUN
ftr-441	1763	12	support	support	NOUN
ftr-441	1763	13	the	the	DET
ftr-441	1763	14	s	s	NOUN
ftr-441	1763	15	corporation	corporation	NOUN
ftr-441	1763	16	rule	rule	NOUN
ftr-441	1763	17	on	on	ADP
ftr-441	1763	18	contributions	contribution	NOUN
ftr-441	1763	19	.	.	PUNCT
ftr-441	1764	1	although	although	SCONJ
ftr-441	1764	2	one	one	PRON
ftr-441	1764	3	might	might	AUX
ftr-441	1764	4	quibble	quibble	VERB
ftr-441	1764	5	with	with	ADP
ftr-441	1764	6	whether	whether	SCONJ
ftr-441	1764	7	80	80	NUM
ftr-441	1764	8	%	%	NOUN
ftr-441	1764	9	is	be	AUX
ftr-441	1764	10	the	the	DET
ftr-441	1764	11	appropriate	appropriate	ADJ
ftr-441	1764	12	standard	standard	NOUN
ftr-441	1764	13	for	for	ADP
ftr-441	1764	14	measuring	measure	VERB
ftr-441	1764	15	a	a	DET
ftr-441	1764	16	mere	mere	ADJ
ftr-441	1764	17	change	change	NOUN
ftr-441	1764	18	in	in	ADP
ftr-441	1764	19	form	form	NOUN
ftr-441	1764	20	,	,	PUNCT
ftr-441	1764	21	the	the	DET
ftr-441	1764	22	s	s	NOUN
ftr-441	1764	23	rule	rule	NOUN
ftr-441	1764	24	permits	permit	VERB
ftr-441	1764	25	a	a	DET
ftr-441	1764	26	tax	tax	NOUN
ftr-441	1764	27	-	-	PUNCT
ftr-441	1764	28	free	free	ADJ
ftr-441	1764	29	result	result	NOUN
ftr-441	1764	30	even	even	ADV
ftr-441	1764	31	though	though	SCONJ
ftr-441	1764	32	an	an	DET
ftr-441	1764	33	unrelated	unrelated	ADJ
ftr-441	1764	34	group	group	NOUN
ftr-441	1764	35	of	of	ADP
ftr-441	1764	36	persons	person	NOUN
ftr-441	1764	37	is	be	AUX
ftr-441	1764	38	necessary	necessary	ADJ
ftr-441	1764	39	to	to	PART
ftr-441	1764	40	achieve	achieve	VERB
ftr-441	1764	41	the	the	DET
ftr-441	1764	42	80	80	NUM
ftr-441	1764	43	%	%	NOUN
ftr-441	1764	44	controlling	control	VERB
ftr-441	1764	45	interest	interest	NOUN
ftr-441	1764	46	in	in	ADP
ftr-441	1764	47	the	the	DET
ftr-441	1764	48	corporation	corporation	NOUN
ftr-441	1764	49	.	.	PUNCT
ftr-441	1765	1	certainly	certainly	ADV
ftr-441	1765	2	,	,	PUNCT
ftr-441	1765	3	any	any	DET
ftr-441	1765	4	one	one	NUM
ftr-441	1765	5	person	person	NOUN
ftr-441	1765	6	in	in	ADP
ftr-441	1765	7	that	that	DET
ftr-441	1765	8	group	group	NOUN
ftr-441	1765	9	may	may	AUX
ftr-441	1765	10	not	not	PART
ftr-441	1765	11	have	have	AUX
ftr-441	1765	12	effected	effect	VERB
ftr-441	1765	13	a	a	DET
ftr-441	1765	14	mere	mere	ADJ
ftr-441	1765	15	change	change	NOUN
ftr-441	1765	16	in	in	ADP
ftr-441	1765	17	form	form	NOUN
ftr-441	1765	18	in	in	ADP
ftr-441	1765	19	that	that	DET
ftr-441	1765	20	person	person	NOUN
ftr-441	1765	21	's	's	PART
ftr-441	1765	22	investment	investment	NOUN
ftr-441	1765	23	,	,	PUNCT
ftr-441	1765	24	yet	yet	CCONJ
ftr-441	1765	25	that	that	DET
ftr-441	1765	26	person	person	NOUN
ftr-441	1765	27	gets	get	VERB
ftr-441	1765	28	tax	tax	NOUN
ftr-441	1765	29	-	-	PUNCT
ftr-441	1765	30	free	free	ADJ
ftr-441	1765	31	treatment	treatment	NOUN
ftr-441	1765	32	under	under	ADP
ftr-441	1765	33	current	current	ADJ
ftr-441	1765	34	law.756	law.756	NOUN
ftr-441	1765	35	in	in	ADP
ftr-441	1765	36	addition	addition	NOUN
ftr-441	1765	37	,	,	PUNCT
ftr-441	1765	38	the	the	DET
ftr-441	1765	39	s	s	PROPN
ftr-441	1765	40	corporation	corporation	NOUN
ftr-441	1765	41	rule	rule	NOUN
ftr-441	1765	42	taxes	taxis	NOUN
ftr-441	1765	43	property	property	NOUN
ftr-441	1765	44	leaving	leave	VERB
ftr-441	1765	45	the	the	DET
ftr-441	1765	46	corporation	corporation	NOUN
ftr-441	1765	47	even	even	ADV
ftr-441	1765	48	though	though	SCONJ
ftr-441	1765	49	the	the	DET
ftr-441	1765	50	recipient	recipient	NOUN
ftr-441	1765	51	is	be	AUX
ftr-441	1765	52	an	an	DET
ftr-441	1765	53	alter	alter	NOUN
ftr-441	1765	54	ego	ego	NOUN
ftr-441	1765	55	of	of	ADP
ftr-441	1765	56	the	the	DET
ftr-441	1765	57	corporation	corporation	NOUN
ftr-441	1765	58	,	,	PUNCT
ftr-441	1765	59	such	such	ADJ
ftr-441	1765	60	as	as	ADP
ftr-441	1765	61	a	a	DET
ftr-441	1765	62	sole	sole	ADJ
ftr-441	1765	63	shareholder	shareholder	NOUN
ftr-441	1765	64	.	.	PUNCT
ftr-441	1766	1	an	an	DET
ftr-441	1766	2	aggregate	aggregate	ADJ
ftr-441	1766	3	theory	theory	NOUN
ftr-441	1766	4	of	of	ADP
ftr-441	1766	5	the	the	DET
ftr-441	1766	6	firm	firm	NOUN
ftr-441	1766	7	would	would	AUX
ftr-441	1766	8	suggest	suggest	VERB
ftr-441	1766	9	that	that	SCONJ
ftr-441	1766	10	transfers	transfer	NOUN
ftr-441	1766	11	between	between	ADP
ftr-441	1766	12	an	an	DET
ftr-441	1766	13	owner	owner	NOUN
ftr-441	1766	14	and	and	CCONJ
ftr-441	1766	15	the	the	DET
ftr-441	1766	16	firm	firm	NOUN
ftr-441	1766	17	constitute	constitute	VERB
ftr-441	1766	18	in	in	ADP
ftr-441	1766	19	substance	substance	NOUN
ftr-441	1766	20	transfers	transfer	NOUN
ftr-441	1766	21	among	among	ADP
ftr-441	1766	22	the	the	DET
ftr-441	1766	23	owners	owner	NOUN
ftr-441	1766	24	.	.	PUNCT
ftr-441	1767	1	thus	thus	ADV
ftr-441	1767	2	,	,	PUNCT
ftr-441	1767	3	if	if	SCONJ
ftr-441	1767	4	a	a	DET
ftr-441	1767	5	contributor	contributor	NOUN
ftr-441	1767	6	of	of	ADP
ftr-441	1767	7	property	property	NOUN
ftr-441	1767	8	is	be	AUX
ftr-441	1767	9	the	the	DET
ftr-441	1767	10	sole	sole	ADJ
ftr-441	1767	11	owner	owner	NOUN
ftr-441	1767	12	,	,	PUNCT
ftr-441	1767	13	or	or	CCONJ
ftr-441	1767	14	nearly	nearly	ADV
ftr-441	1767	15	so	so	ADV
ftr-441	1767	16	,	,	PUNCT
ftr-441	1767	17	of	of	ADP
ftr-441	1767	18	the	the	DET
ftr-441	1767	19	firm	firm	NOUN
ftr-441	1767	20	,	,	PUNCT
ftr-441	1767	21	one	one	PRON
ftr-441	1767	22	might	might	AUX
ftr-441	1767	23	excuse	excuse	VERB
ftr-441	1767	24	the	the	DET
ftr-441	1767	25	existence	existence	NOUN
ftr-441	1767	26	of	of	ADP
ftr-441	1767	27	a	a	DET
ftr-441	1767	28	taxable	taxable	ADJ
ftr-441	1767	29	event	event	NOUN
ftr-441	1767	30	because	because	SCONJ
ftr-441	1767	31	the	the	DET
ftr-441	1767	32	contributor	contributor	NOUN
ftr-441	1767	33	is	be	AUX
ftr-441	1767	34	merely	merely	ADV
ftr-441	1767	35	transferring	transfer	VERB
ftr-441	1767	36	the	the	DET
ftr-441	1767	37	property	property	NOUN
ftr-441	1767	38	to	to	ADP
ftr-441	1767	39	himself	himself	PRON
ftr-441	1767	40	or	or	CCONJ
ftr-441	1767	41	herself	herself	PRON
ftr-441	1767	42	.	.	PUNCT
ftr-441	1768	1	even	even	ADV
ftr-441	1768	2	that	that	PRON
ftr-441	1768	3	nontaxable	nontaxable	ADJ
ftr-441	1768	4	outcome	outcome	NOUN
ftr-441	1768	5	is	be	AUX
ftr-441	1768	6	not	not	PART
ftr-441	1768	7	without	without	ADP
ftr-441	1768	8	some	some	DET
ftr-441	1768	9	doubt	doubt	NOUN
ftr-441	1768	10	,	,	PUNCT
ftr-441	1768	11	however	however	ADV
ftr-441	1768	12	,	,	PUNCT
ftr-441	1768	13	because	because	SCONJ
ftr-441	1768	14	an	an	DET
ftr-441	1768	15	important	important	ADJ
ftr-441	1768	16	rationale	rationale	NOUN
ftr-441	1768	17	under	under	ADP
ftr-441	1768	18	current	current	ADJ
ftr-441	1768	19	law	law	NOUN
ftr-441	1768	20	for	for	ADP
ftr-441	1768	21	not	not	PART
ftr-441	1768	22	taxing	tax	VERB
ftr-441	1768	23	unrealized	unrealized	ADJ
ftr-441	1768	24	gains	gain	NOUN
ftr-441	1768	25	or	or	CCONJ
ftr-441	1768	26	imputed	impute	VERB
ftr-441	1768	27	income	income	NOUN
ftr-441	1768	28	is	be	AUX
ftr-441	1768	29	the	the	DET
ftr-441	1768	30	absence	absence	NOUN
ftr-441	1768	31	of	of	ADP
ftr-441	1768	32	a	a	DET
ftr-441	1768	33	market	market	NOUN
ftr-441	1768	34	transaction	transaction	NOUN
ftr-441	1768	35	to	to	PART
ftr-441	1768	36	measure	measure	VERB
ftr-441	1768	37	accurately	accurately	ADV
ftr-441	1768	38	those	those	DET
ftr-441	1768	39	gains	gain	NOUN
ftr-441	1768	40	and	and	CCONJ
ftr-441	1768	41	income	income	NOUN
ftr-441	1768	42	.	.	PUNCT
ftr-441	1769	1	if	if	SCONJ
ftr-441	1769	2	there	there	PRON
ftr-441	1769	3	is	be	VERB
ftr-441	1769	4	at	at	ADP
ftr-441	1769	5	least	least	ADJ
ftr-441	1769	6	a	a	DET
ftr-441	1769	7	semblance	semblance	NOUN
ftr-441	1769	8	of	of	ADP
ftr-441	1769	9	a	a	DET
ftr-441	1769	10	market	market	NOUN
ftr-441	1769	11	transaction	transaction	NOUN
ftr-441	1769	12	,	,	PUNCT
ftr-441	1769	13	which	which	PRON
ftr-441	1769	14	would	would	AUX
ftr-441	1769	15	be	be	AUX
ftr-441	1769	16	the	the	DET
ftr-441	1769	17	case	case	NOUN
ftr-441	1769	18	in	in	ADP
ftr-441	1769	19	any	any	DET
ftr-441	1769	20	contribution	contribution	NOUN
ftr-441	1769	21	or	or	CCONJ
ftr-441	1769	22	distribution	distribution	NOUN
ftr-441	1769	23	other	other	ADJ
ftr-441	1769	24	than	than	ADP
ftr-441	1769	25	,	,	PUNCT
ftr-441	1769	26	perhaps	perhaps	ADV
ftr-441	1769	27	,	,	PUNCT
ftr-441	1769	28	one	one	NUM
ftr-441	1769	29	occurring	occur	VERB
ftr-441	1769	30	in	in	ADP
ftr-441	1769	31	a	a	DET
ftr-441	1769	32	setting	setting	NOUN
ftr-441	1769	33	involving	involve	VERB
ftr-441	1769	34	a	a	DET
ftr-441	1769	35	sole	sole	ADJ
ftr-441	1769	36	owner	owner	NOUN
ftr-441	1769	37	,	,	PUNCT
ftr-441	1769	38	then	then	ADV
ftr-441	1769	39	the	the	DET
ftr-441	1769	40	policy	policy	NOUN
ftr-441	1769	41	against	against	ADP
ftr-441	1769	42	taxing	tax	VERB
ftr-441	1769	43	the	the	DET
ftr-441	1769	44	transaction	transaction	NOUN
ftr-441	1769	45	is	be	AUX
ftr-441	1769	46	not	not	PART
ftr-441	1769	47	nearly	nearly	ADV
ftr-441	1769	48	as	as	ADV
ftr-441	1769	49	compelling	compelling	ADJ
ftr-441	1769	50	.	.	PUNCT
ftr-441	1770	1	in	in	ADP
ftr-441	1770	2	any	any	DET
ftr-441	1770	3	event	event	NOUN
ftr-441	1770	4	,	,	PUNCT
ftr-441	1770	5	under	under	ADP
ftr-441	1770	6	an	an	DET
ftr-441	1770	7	aggregate	aggregate	ADJ
ftr-441	1770	8	theory	theory	NOUN
ftr-441	1770	9	,	,	PUNCT
ftr-441	1770	10	one	one	PRON
ftr-441	1770	11	would	would	AUX
ftr-441	1770	12	certainly	certainly	ADV
ftr-441	1770	13	not	not	PART
ftr-441	1770	14	extend	extend	VERB
ftr-441	1770	15	tax	tax	NOUN
ftr-441	1770	16	-	-	PUNCT
ftr-441	1770	17	free	free	ADJ
ftr-441	1770	18	treatment	treatment	NOUN
ftr-441	1770	19	to	to	ADP
ftr-441	1770	20	the	the	DET
ftr-441	1770	21	lengths	length	NOUN
ftr-441	1770	22	provided	provide	VERB
ftr-441	1770	23	by	by	ADP
ftr-441	1770	24	either	either	CCONJ
ftr-441	1770	25	the	the	DET
ftr-441	1770	26	partnership	partnership	NOUN
ftr-441	1770	27	or	or	CCONJ
ftr-441	1770	28	s	s	NOUN
ftr-441	1770	29	corporation	corporation	NOUN
ftr-441	1770	30	rules	rule	NOUN
ftr-441	1770	31	.	.	PUNCT
ftr-441	1771	1	7	7	NUM
ftr-441	1771	2	under	under	ADP
ftr-441	1771	3	the	the	DET
ftr-441	1771	4	aggregate	aggregate	ADJ
ftr-441	1771	5	theory	theory	NOUN
ftr-441	1771	6	,	,	PUNCT
ftr-441	1771	7	a	a	DET
ftr-441	1771	8	group	group	NOUN
ftr-441	1771	9	of	of	ADP
ftr-441	1771	10	investors	investor	NOUN
ftr-441	1771	11	who	who	PRON
ftr-441	1771	12	join	join	VERB
ftr-441	1771	13	together	together	ADV
ftr-441	1771	14	to	to	PART
ftr-441	1771	15	pool	pool	VERB
ftr-441	1771	16	their	their	PRON
ftr-441	1771	17	respective	respective	ADJ
ftr-441	1771	18	capital	capital	NOUN
ftr-441	1771	19	have	have	AUX
ftr-441	1771	20	made	make	VERB
ftr-441	1771	21	a	a	DET
ftr-441	1771	22	substantial	substantial	ADJ
ftr-441	1771	23	change	change	NOUN
ftr-441	1771	24	in	in	ADP
ftr-441	1771	25	their	their	PRON
ftr-441	1771	26	property	property	NOUN
ftr-441	1771	27	rights	right	NOUN
ftr-441	1771	28	as	as	ADP
ftr-441	1771	29	a	a	DET
ftr-441	1771	30	result	result	NOUN
ftr-441	1771	31	of	of	ADP
ftr-441	1771	32	the	the	DET
ftr-441	1771	33	pooling	pooling	NOUN
ftr-441	1771	34	and	and	CCONJ
ftr-441	1771	35	,	,	PUNCT
ftr-441	1771	36	under	under	ADP
ftr-441	1771	37	normal	normal	ADJ
ftr-441	1771	38	income	income	NOUN
ftr-441	1771	39	tax	tax	NOUN
ftr-441	1771	40	principles	principle	NOUN
ftr-441	1771	41	,	,	PUNCT
ftr-441	1771	42	ought	ought	AUX
ftr-441	1771	43	to	to	PART
ftr-441	1771	44	be	be	AUX
ftr-441	1771	45	taxed.28	taxed.28	NOUN
ftr-441	1771	46	as	as	SCONJ
ftr-441	1771	47	we	we	PRON
ftr-441	1771	48	have	have	AUX
ftr-441	1771	49	seen	see	VERB
ftr-441	1771	50	,	,	PUNCT
ftr-441	1771	51	the	the	DET
ftr-441	1771	52	historical	historical	ADJ
ftr-441	1771	53	explanation	explanation	NOUN
ftr-441	1771	54	for	for	ADP
ftr-441	1771	55	the	the	DET
ftr-441	1771	56	partnership	partnership	NOUN
ftr-441	1771	57	rule	rule	NOUN
ftr-441	1771	58	was	be	AUX
ftr-441	1771	59	based	base	VERB
ftr-441	1771	60	on	on	ADP
ftr-441	1771	61	the	the	DET
ftr-441	1771	62	common	common	ADJ
ftr-441	1771	63	law	law	NOUN
ftr-441	1771	64	understanding	understanding	NOUN
ftr-441	1771	65	of	of	ADP
ftr-441	1771	66	a	a	DET
ftr-441	1771	67	partnership	partnership	NOUN
ftr-441	1771	68	,	,	PUNCT
ftr-441	1771	69	unlike	unlike	ADP
ftr-441	1771	70	a	a	DET
ftr-441	1771	71	corporation	corporation	NOUN
ftr-441	1771	72	,	,	PUNCT
ftr-441	1771	73	having	have	VERB
ftr-441	1771	74	no	no	DET
ftr-441	1771	75	legal	legal	ADJ
ftr-441	1771	76	existence	existence	NOUN
ftr-441	1771	77	aside	aside	ADV
ftr-441	1771	78	from	from	ADP
ftr-441	1771	79	its	its	PRON
ftr-441	1771	80	partners	partner	NOUN
ftr-441	1771	81	.	.	PUNCT
ftr-441	1772	1	but	but	CCONJ
ftr-441	1772	2	as	as	SCONJ
ftr-441	1772	3	just	just	ADV
ftr-441	1772	4	noted	note	VERB
ftr-441	1772	5	,	,	PUNCT
ftr-441	1772	6	pure	pure	ADJ
ftr-441	1772	7	aggregate	aggregate	ADJ
ftr-441	1772	8	principles	principle	NOUN
ftr-441	1772	9	do	do	AUX
ftr-441	1772	10	not	not	PART
ftr-441	1772	11	support	support	VERB
ftr-441	1772	12	a	a	DET
ftr-441	1772	13	completely	completely	ADV
ftr-441	1772	14	tax	tax	NOUN
ftr-441	1772	15	-	-	PUNCT
ftr-441	1772	16	free	free	ADJ
ftr-441	1772	17	result	result	NOUN
ftr-441	1772	18	in	in	ADP
ftr-441	1772	19	virtually	virtually	ADV
ftr-441	1772	20	all	all	PRON
ftr-441	1772	21	transfers	transfer	NOUN
ftr-441	1772	22	between	between	ADP
ftr-441	1772	23	the	the	DET
ftr-441	1772	24	firm	firm	NOUN
ftr-441	1772	25	and	and	CCONJ
ftr-441	1772	26	its	its	PRON
ftr-441	1772	27	owners	owner	NOUN
ftr-441	1772	28	.	.	PUNCT
ftr-441	1773	1	moreover	moreover	ADV
ftr-441	1773	2	,	,	PUNCT
ftr-441	1773	3	state	state	NOUN
ftr-441	1773	4	law	law	NOUN
ftr-441	1773	5	256	256	NUM
ftr-441	1773	6	.	.	PUNCT
ftr-441	1774	1	see	see	VERB
ftr-441	1774	2	boris	boris	PROPN
ftr-441	1774	3	i.	i.	PROPN
ftr-441	1774	4	bittker	bittker	PROPN
ftr-441	1774	5	&	&	CCONJ
ftr-441	1774	6	james	james	PROPN
ftr-441	1774	7	s.	s.	PROPN
ftr-441	1774	8	eustice	eustice	PROPN
ftr-441	1774	9	,	,	PUNCT
ftr-441	1774	10	federal	federal	ADJ
ftr-441	1774	11	income	income	NOUN
ftr-441	1774	12	taxation	taxation	NOUN
ftr-441	1774	13	of	of	ADP
ftr-441	1774	14	corporations	corporation	NOUN
ftr-441	1774	15	and	and	CCONJ
ftr-441	1774	16	shareholders	shareholder	NOUN
ftr-441	1774	17	3.01	3.01	NUM
ftr-441	1774	18	,	,	PUNCT
ftr-441	1774	19	at	at	ADP
ftr-441	1774	20	3	3	NUM
ftr-441	1774	21	-	-	SYM
ftr-441	1774	22	6	6	NUM
ftr-441	1774	23	(	(	PUNCT
ftr-441	1774	24	6th	6th	ADJ
ftr-441	1774	25	ed	ed	NOUN
ftr-441	1774	26	.	.	PROPN
ftr-441	1774	27	1994	1994	NUM
ftr-441	1774	28	)	)	PUNCT
ftr-441	1774	29	;	;	PUNCT
ftr-441	1774	30	ronald	ronald	PROPN
ftr-441	1774	31	h.	h.	PROPN
ftr-441	1774	32	jensen	jensen	PROPN
ftr-441	1774	33	,	,	PUNCT
ftr-441	1774	34	of	of	ADP
ftr-441	1774	35	form	form	NOUN
ftr-441	1774	36	and	and	CCONJ
ftr-441	1774	37	substance	substance	NOUN
ftr-441	1774	38	:	:	PUNCT
ftr-441	1774	39	tax	tax	NOUN
ftr-441	1774	40	-	-	PUNCT
ftr-441	1774	41	free	free	ADJ
ftr-441	1774	42	incorporations	incorporation	NOUN
ftr-441	1774	43	and	and	CCONJ
ftr-441	1774	44	other	other	ADJ
ftr-441	1774	45	transactions	transaction	NOUN
ftr-441	1774	46	under	under	ADP
ftr-441	1774	47	section	section	NOUN
ftr-441	1774	48	351	351	NUM
ftr-441	1774	49	,	,	PUNCT
ftr-441	1774	50	11	11	NUM
ftr-441	1774	51	va	va	NOUN
ftr-441	1774	52	.	.	PUNCT
ftr-441	1774	53	tax	tax	PROPN
ftr-441	1774	54	rev	rev	PROPN
ftr-441	1774	55	.	.	PROPN
ftr-441	1774	56	349	349	NUM
ftr-441	1774	57	,	,	PUNCT
ftr-441	1774	58	377	377	NUM
ftr-441	1774	59	(	(	PUNCT
ftr-441	1774	60	1991	1991	NUM
ftr-441	1774	61	)	)	PUNCT
ftr-441	1774	62	.	.	PUNCT
ftr-441	1775	1	257	257	NUM
ftr-441	1775	2	.	.	PUNCT
ftr-441	1776	1	one	one	PRON
ftr-441	1776	2	would	would	AUX
ftr-441	1776	3	also	also	ADV
ftr-441	1776	4	not	not	PART
ftr-441	1776	5	tax	tax	VERB
ftr-441	1776	6	all	all	DET
ftr-441	1776	7	distributions	distribution	NOUN
ftr-441	1776	8	from	from	ADP
ftr-441	1776	9	s	s	PART
ftr-441	1776	10	corporations	corporation	NOUN
ftr-441	1776	11	.	.	PUNCT
ftr-441	1777	1	258	258	NUM
ftr-441	1777	2	.	.	PUNCT
ftr-441	1778	1	this	this	PRON
ftr-441	1778	2	is	be	AUX
ftr-441	1778	3	the	the	DET
ftr-441	1778	4	theory	theory	NOUN
ftr-441	1778	5	of	of	ADP
ftr-441	1778	6	the	the	DET
ftr-441	1778	7	recent	recent	ADJ
ftr-441	1778	8	expansion	expansion	NOUN
ftr-441	1778	9	of	of	ADP
ftr-441	1778	10	the	the	DET
ftr-441	1778	11	investment	investment	NOUN
ftr-441	1778	12	company	company	NOUN
ftr-441	1778	13	rules	rule	NOUN
ftr-441	1778	14	.	.	PUNCT
ftr-441	1779	1	see	see	VERB
ftr-441	1779	2	supra	supra	PROPN
ftr-441	1779	3	note	note	PROPN
ftr-441	1779	4	216	216	NUM
ftr-441	1779	5	and	and	CCONJ
ftr-441	1779	6	accompanying	accompany	VERB
ftr-441	1779	7	text	text	NOUN
ftr-441	1779	8	.	.	PUNCT
ftr-441	1780	1	[	[	X
ftr-441	1780	2	vol	vol	NOUN
ftr-441	1780	3	4:3	4:3	NUM
ftr-441	1780	4	the	the	DET
ftr-441	1780	5	future	future	ADJ
ftr-441	1780	6	taxation	taxation	NOUN
ftr-441	1780	7	of	of	ADP
ftr-441	1780	8	private	private	ADJ
ftr-441	1780	9	business	business	NOUN
ftr-441	1780	10	firms	firm	NOUN
ftr-441	1780	11	views	view	NOUN
ftr-441	1780	12	have	have	AUX
ftr-441	1780	13	continued	continue	VERB
ftr-441	1780	14	to	to	PART
ftr-441	1780	15	evolve	evolve	VERB
ftr-441	1780	16	away	away	ADV
ftr-441	1780	17	from	from	ADP
ftr-441	1780	18	an	an	DET
ftr-441	1780	19	aggregate	aggregate	ADJ
ftr-441	1780	20	interpretation	interpretation	NOUN
ftr-441	1780	21	of	of	ADP
ftr-441	1780	22	the	the	DET
ftr-441	1780	23	partnership	partnership	NOUN
ftr-441	1780	24	.	.	PUNCT
ftr-441	1781	1	9	9	NUM
ftr-441	1781	2	finally	finally	ADV
ftr-441	1781	3	,	,	PUNCT
ftr-441	1781	4	as	as	SCONJ
ftr-441	1781	5	discussed	discuss	VERB
ftr-441	1781	6	in	in	ADP
ftr-441	1781	7	part	part	NOUN
ftr-441	1781	8	ii	ii	NOUN
ftr-441	1781	9	of	of	ADP
ftr-441	1781	10	this	this	DET
ftr-441	1781	11	article	article	NOUN
ftr-441	1781	12	,	,	PUNCT
ftr-441	1781	13	tax	tax	NOUN
ftr-441	1781	14	policy	policy	NOUN
ftr-441	1781	15	considerations	consideration	NOUN
ftr-441	1781	16	rather	rather	ADV
ftr-441	1781	17	than	than	ADP
ftr-441	1781	18	"	"	PUNCT
ftr-441	1781	19	aggregate	aggregate	VERB
ftr-441	1781	20	"	"	PUNCT
ftr-441	1781	21	or	or	CCONJ
ftr-441	1781	22	"	"	PUNCT
ftr-441	1781	23	entity	entity	NOUN
ftr-441	1781	24	"	"	PUNCT
ftr-441	1781	25	characterizations	characterization	NOUN
ftr-441	1781	26	of	of	ADP
ftr-441	1781	27	a	a	DET
ftr-441	1781	28	firm	firm	NOUN
ftr-441	1781	29	for	for	ADP
ftr-441	1781	30	state	state	NOUN
ftr-441	1781	31	law	law	NOUN
ftr-441	1781	32	purposes	purpose	NOUN
ftr-441	1781	33	should	should	AUX
ftr-441	1781	34	dictate	dictate	VERB
ftr-441	1781	35	how	how	SCONJ
ftr-441	1781	36	the	the	DET
ftr-441	1781	37	transaction	transaction	NOUN
ftr-441	1781	38	should	should	AUX
ftr-441	1781	39	be	be	AUX
ftr-441	1781	40	taxed	tax	VERB
ftr-441	1781	41	.	.	PUNCT
ftr-441	1782	1	ii	ii	PROPN
ftr-441	1782	2	.	.	PUNCT
ftr-441	1782	3	tax	tax	NOUN
ftr-441	1782	4	policy	policy	NOUN
ftr-441	1782	5	considerations.-from	considerations.-from	PROPN
ftr-441	1782	6	a	a	DET
ftr-441	1782	7	tax	tax	NOUN
ftr-441	1782	8	policy	policy	NOUN
ftr-441	1782	9	perspective	perspective	NOUN
ftr-441	1782	10	,	,	PUNCT
ftr-441	1782	11	common	common	ADJ
ftr-441	1782	12	justifications	justification	NOUN
ftr-441	1782	13	for	for	ADP
ftr-441	1782	14	a	a	DET
ftr-441	1782	15	nonrecognition	nonrecognition	NOUN
ftr-441	1782	16	result	result	NOUN
ftr-441	1782	17	like	like	SCONJ
ftr-441	1782	18	the	the	DET
ftr-441	1782	19	partnership	partnership	NOUN
ftr-441	1782	20	treatment	treatment	NOUN
ftr-441	1782	21	of	of	ADP
ftr-441	1782	22	contributions	contribution	NOUN
ftr-441	1782	23	and	and	CCONJ
ftr-441	1782	24	distributions	distribution	NOUN
ftr-441	1782	25	are	be	AUX
ftr-441	1782	26	liquidity	liquidity	NOUN
ftr-441	1782	27	and	and	CCONJ
ftr-441	1782	28	valuation	valuation	NOUN
ftr-441	1782	29	concerns	concern	NOUN
ftr-441	1782	30	and	and	CCONJ
ftr-441	1782	31	the	the	DET
ftr-441	1782	32	potential	potential	ADJ
ftr-441	1782	33	lock	lock	NOUN
ftr-441	1782	34	-	-	PUNCT
ftr-441	1782	35	in	in	ADP
ftr-441	1782	36	effect	effect	NOUN
ftr-441	1782	37	of	of	ADP
ftr-441	1782	38	an	an	DET
ftr-441	1782	39	income	income	NOUN
ftr-441	1782	40	recognition	recognition	NOUN
ftr-441	1782	41	rule	rule	NOUN
ftr-441	1782	42	.	.	PUNCT
ftr-441	1782	43	'	'	PUNCT
ftr-441	1783	1	°	°	NUM
ftr-441	1784	1	the	the	DET
ftr-441	1784	2	absence	absence	NOUN
ftr-441	1784	3	of	of	ADP
ftr-441	1784	4	a	a	DET
ftr-441	1784	5	liquid	liquid	NOUN
ftr-441	1784	6	means	mean	NOUN
ftr-441	1784	7	to	to	PART
ftr-441	1784	8	pay	pay	VERB
ftr-441	1784	9	any	any	DET
ftr-441	1784	10	tax	tax	NOUN
ftr-441	1784	11	resulting	result	VERB
ftr-441	1784	12	from	from	ADP
ftr-441	1784	13	a	a	DET
ftr-441	1784	14	transfer	transfer	NOUN
ftr-441	1784	15	to	to	ADP
ftr-441	1784	16	or	or	CCONJ
ftr-441	1784	17	from	from	ADP
ftr-441	1784	18	a	a	DET
ftr-441	1784	19	business	business	NOUN
ftr-441	1784	20	is	be	AUX
ftr-441	1784	21	a	a	DET
ftr-441	1784	22	superficially	superficially	ADV
ftr-441	1784	23	appealing	appealing	ADJ
ftr-441	1784	24	argument	argument	NOUN
ftr-441	1784	25	in	in	ADP
ftr-441	1784	26	favor	favor	NOUN
ftr-441	1784	27	of	of	ADP
ftr-441	1784	28	nonrecognition	nonrecognition	NOUN
ftr-441	1784	29	.	.	PUNCT
ftr-441	1785	1	the	the	DET
ftr-441	1785	2	reality	reality	NOUN
ftr-441	1785	3	,	,	PUNCT
ftr-441	1785	4	however	however	ADV
ftr-441	1785	5	,	,	PUNCT
ftr-441	1785	6	is	be	AUX
ftr-441	1785	7	that	that	SCONJ
ftr-441	1785	8	there	there	PRON
ftr-441	1785	9	is	be	VERB
ftr-441	1785	10	no	no	DET
ftr-441	1785	11	general	general	ADJ
ftr-441	1785	12	liquidity	liquidity	NOUN
ftr-441	1785	13	exception	exception	NOUN
ftr-441	1785	14	to	to	ADP
ftr-441	1785	15	the	the	DET
ftr-441	1785	16	recognition	recognition	NOUN
ftr-441	1785	17	of	of	ADP
ftr-441	1785	18	income	income	NOUN
ftr-441	1785	19	,	,	PUNCT
ftr-441	1785	20	and	and	CCONJ
ftr-441	1785	21	there	there	PRON
ftr-441	1785	22	are	be	VERB
ftr-441	1785	23	many	many	ADJ
ftr-441	1785	24	instances	instance	NOUN
ftr-441	1785	25	where	where	SCONJ
ftr-441	1785	26	the	the	DET
ftr-441	1785	27	tax	tax	NOUN
ftr-441	1785	28	system	system	NOUN
ftr-441	1785	29	taxes	tax	VERB
ftr-441	1785	30	illiquid	illiquid	ADJ
ftr-441	1785	31	gains	gain	NOUN
ftr-441	1785	32	.	.	PUNCT
ftr-441	1786	1	if	if	SCONJ
ftr-441	1786	2	the	the	DET
ftr-441	1786	3	lack	lack	NOUN
ftr-441	1786	4	of	of	ADP
ftr-441	1786	5	liquidity	liquidity	NOUN
ftr-441	1786	6	is	be	AUX
ftr-441	1786	7	considered	consider	VERB
ftr-441	1786	8	an	an	DET
ftr-441	1786	9	overriding	overriding	ADJ
ftr-441	1786	10	concern	concern	NOUN
ftr-441	1786	11	,	,	PUNCT
ftr-441	1786	12	the	the	DET
ftr-441	1786	13	proper	proper	ADJ
ftr-441	1786	14	course	course	NOUN
ftr-441	1786	15	of	of	ADP
ftr-441	1786	16	action	action	NOUN
ftr-441	1786	17	would	would	AUX
ftr-441	1786	18	be	be	AUX
ftr-441	1786	19	to	to	PART
ftr-441	1786	20	require	require	VERB
ftr-441	1786	21	the	the	DET
ftr-441	1786	22	immediate	immediate	ADJ
ftr-441	1786	23	recognition	recognition	NOUN
ftr-441	1786	24	of	of	ADP
ftr-441	1786	25	gains	gain	NOUN
ftr-441	1786	26	but	but	CCONJ
ftr-441	1786	27	to	to	PART
ftr-441	1786	28	permit	permit	VERB
ftr-441	1786	29	the	the	DET
ftr-441	1786	30	payment	payment	NOUN
ftr-441	1786	31	of	of	ADP
ftr-441	1786	32	tax	tax	NOUN
ftr-441	1786	33	to	to	PART
ftr-441	1786	34	be	be	AUX
ftr-441	1786	35	deferred	defer	VERB
ftr-441	1786	36	with	with	ADP
ftr-441	1786	37	interest.26	interest.26	ADJ
ftr-441	1786	38	'	'	PART
ftr-441	1786	39	valuation	valuation	NOUN
ftr-441	1786	40	concerns	concern	NOUN
ftr-441	1786	41	are	be	AUX
ftr-441	1786	42	a	a	DET
ftr-441	1786	43	little	little	ADV
ftr-441	1786	44	more	more	ADV
ftr-441	1786	45	worrisome	worrisome	ADJ
ftr-441	1786	46	.	.	PUNCT
ftr-441	1787	1	it	it	PRON
ftr-441	1787	2	is	be	AUX
ftr-441	1787	3	true	true	ADJ
ftr-441	1787	4	that	that	SCONJ
ftr-441	1787	5	,	,	PUNCT
ftr-441	1787	6	except	except	SCONJ
ftr-441	1787	7	perhaps	perhaps	ADV
ftr-441	1787	8	where	where	SCONJ
ftr-441	1787	9	property	property	NOUN
ftr-441	1787	10	is	be	AUX
ftr-441	1787	11	transferred	transfer	VERB
ftr-441	1787	12	between	between	ADP
ftr-441	1787	13	an	an	DET
ftr-441	1787	14	owner	owner	NOUN
ftr-441	1787	15	and	and	CCONJ
ftr-441	1787	16	a	a	DET
ftr-441	1787	17	wholly	wholly	ADV
ftr-441	1787	18	-	-	PUNCT
ftr-441	1787	19	owned	own	VERB
ftr-441	1787	20	firm	firm	NOUN
ftr-441	1787	21	,	,	PUNCT
ftr-441	1787	22	valuation	valuation	NOUN
ftr-441	1787	23	of	of	ADP
ftr-441	1787	24	any	any	DET
ftr-441	1787	25	property	property	NOUN
ftr-441	1787	26	transferred	transfer	VERB
ftr-441	1787	27	is	be	AUX
ftr-441	1787	28	very	very	ADV
ftr-441	1787	29	likely	likely	ADJ
ftr-441	1787	30	to	to	PART
ftr-441	1787	31	have	have	AUX
ftr-441	1787	32	occurred	occur	VERB
ftr-441	1787	33	.	.	PUNCT
ftr-441	1788	1	moreover	moreover	ADV
ftr-441	1788	2	,	,	PUNCT
ftr-441	1788	3	in	in	ADP
ftr-441	1788	4	those	those	DET
ftr-441	1788	5	unusual	unusual	ADJ
ftr-441	1788	6	cases	case	NOUN
ftr-441	1788	7	where	where	SCONJ
ftr-441	1788	8	valuation	valuation	NOUN
ftr-441	1788	9	has	have	AUX
ftr-441	1788	10	not	not	PART
ftr-441	1788	11	,	,	PUNCT
ftr-441	1788	12	in	in	ADP
ftr-441	1788	13	fact	fact	NOUN
ftr-441	1788	14	occurred	occur	VERB
ftr-441	1788	15	,	,	PUNCT
ftr-441	1788	16	the	the	DET
ftr-441	1788	17	income	income	NOUN
ftr-441	1788	18	and	and	CCONJ
ftr-441	1788	19	character	character	NOUN
ftr-441	1788	20	tracing	trace	VERB
ftr-441	1788	21	rules	rule	NOUN
ftr-441	1788	22	such	such	ADJ
ftr-441	1788	23	as	as	ADP
ftr-441	1788	24	section	section	NOUN
ftr-441	1788	25	704(c)(1)(a	704(c)(1)(a	PROPN
ftr-441	1788	26	)	)	PUNCT
ftr-441	1788	27	all	all	PRON
ftr-441	1788	28	carry	carry	VERB
ftr-441	1788	29	with	with	ADP
ftr-441	1788	30	them	they	PRON
ftr-441	1788	31	the	the	DET
ftr-441	1788	32	requirement	requirement	NOUN
ftr-441	1788	33	of	of	ADP
ftr-441	1788	34	immediate	immediate	ADJ
ftr-441	1788	35	valuation.m	valuation.m	NOUN
ftr-441	1788	36	hence	hence	ADV
ftr-441	1788	37	,	,	PUNCT
ftr-441	1788	38	one	one	PRON
ftr-441	1788	39	could	could	AUX
ftr-441	1788	40	hardly	hardly	ADV
ftr-441	1788	41	justify	justify	VERB
ftr-441	1788	42	a	a	DET
ftr-441	1788	43	nonrecognition	nonrecognition	NOUN
ftr-441	1788	44	rule	rule	NOUN
ftr-441	1788	45	based	base	VERB
ftr-441	1788	46	on	on	ADP
ftr-441	1788	47	valuation	valuation	NOUN
ftr-441	1788	48	difficulties	difficulty	NOUN
ftr-441	1788	49	if	if	SCONJ
ftr-441	1788	50	one	one	NUM
ftr-441	1788	51	259	259	NUM
ftr-441	1788	52	.	.	PUNCT
ftr-441	1789	1	under	under	ADP
ftr-441	1789	2	both	both	CCONJ
ftr-441	1789	3	the	the	DET
ftr-441	1789	4	upa	upa	NOUN
ftr-441	1789	5	and	and	CCONJ
ftr-441	1789	6	the	the	DET
ftr-441	1789	7	rupa	rupa	NOUN
ftr-441	1789	8	,	,	PUNCT
ftr-441	1789	9	a	a	DET
ftr-441	1789	10	partner	partner	NOUN
ftr-441	1789	11	has	have	VERB
ftr-441	1789	12	no	no	DET
ftr-441	1789	13	interest	interest	NOUN
ftr-441	1789	14	in	in	ADP
ftr-441	1789	15	specific	specific	ADJ
ftr-441	1789	16	partnership	partnership	NOUN
ftr-441	1789	17	property	property	NOUN
ftr-441	1789	18	,	,	PUNCT
ftr-441	1789	19	with	with	ADP
ftr-441	1789	20	the	the	DET
ftr-441	1789	21	partner	partner	NOUN
ftr-441	1789	22	's	's	PART
ftr-441	1789	23	interest	interest	NOUN
ftr-441	1789	24	in	in	ADP
ftr-441	1789	25	the	the	DET
ftr-441	1789	26	partnership	partnership	NOUN
ftr-441	1789	27	being	be	AUX
ftr-441	1789	28	classified	classify	VERB
ftr-441	1789	29	as	as	ADP
ftr-441	1789	30	personalty	personalty	NOUN
ftr-441	1789	31	,	,	PUNCT
ftr-441	1789	32	regardless	regardless	ADV
ftr-441	1789	33	of	of	ADP
ftr-441	1789	34	the	the	DET
ftr-441	1789	35	nature	nature	NOUN
ftr-441	1789	36	of	of	ADP
ftr-441	1789	37	the	the	DET
ftr-441	1789	38	underlying	underlie	VERB
ftr-441	1789	39	assets	asset	NOUN
ftr-441	1789	40	.	.	PUNCT
ftr-441	1790	1	unif	unif	PROPN
ftr-441	1790	2	.	.	PROPN
ftr-441	1791	1	partnership	partnership	PROPN
ftr-441	1791	2	act	act	PROPN
ftr-441	1791	3	§	§	PROPN
ftr-441	1791	4	26	26	NUM
ftr-441	1791	5	,	,	PUNCT
ftr-441	1791	6	6	6	NUM
ftr-441	1791	7	u.l.a	u.l.a	NOUN
ftr-441	1791	8	.	.	PUNCT
ftr-441	1792	1	730	730	NUM
ftr-441	1792	2	(	(	PUNCT
ftr-441	1792	3	1995	1995	NUM
ftr-441	1792	4	)	)	PUNCT
ftr-441	1792	5	;	;	PUNCT
ftr-441	1793	1	unif	unif	ADJ
ftr-441	1793	2	.	.	PROPN
ftr-441	1793	3	partnership	partnership	PROPN
ftr-441	1793	4	act	act	PROPN
ftr-441	1793	5	§	§	PROPN
ftr-441	1793	6	502	502	NUM
ftr-441	1793	7	(	(	PUNCT
ftr-441	1793	8	amended	amend	VERB
ftr-441	1793	9	1994	1994	NUM
ftr-441	1793	10	)	)	PUNCT
ftr-441	1793	11	,	,	PUNCT
ftr-441	1793	12	6	6	NUM
ftr-441	1793	13	u.l.a	u.l.a	NOUN
ftr-441	1793	14	.	.	PUNCT
ftr-441	1794	1	67	67	NUM
ftr-441	1794	2	(	(	PUNCT
ftr-441	1794	3	1995	1995	NUM
ftr-441	1794	4	)	)	PUNCT
ftr-441	1794	5	.	.	PUNCT
ftr-441	1795	1	thus	thus	ADV
ftr-441	1795	2	,	,	PUNCT
ftr-441	1795	3	a	a	DET
ftr-441	1795	4	partner	partner	NOUN
ftr-441	1795	5	who	who	PRON
ftr-441	1795	6	transfers	transfer	VERB
ftr-441	1795	7	real	real	ADJ
ftr-441	1795	8	property	property	NOUN
ftr-441	1795	9	to	to	ADP
ftr-441	1795	10	a	a	DET
ftr-441	1795	11	partnership	partnership	NOUN
ftr-441	1795	12	in	in	ADP
ftr-441	1795	13	exchange	exchange	NOUN
ftr-441	1795	14	for	for	ADP
ftr-441	1795	15	an	an	DET
ftr-441	1795	16	interest	interest	NOUN
ftr-441	1795	17	in	in	ADP
ftr-441	1795	18	the	the	DET
ftr-441	1795	19	partnership	partnership	NOUN
ftr-441	1795	20	has	have	AUX
ftr-441	1795	21	exchanged	exchange	VERB
ftr-441	1795	22	realty	realty	NOUN
ftr-441	1795	23	for	for	ADP
ftr-441	1795	24	personalty	personalty	NOUN
ftr-441	1795	25	,	,	PUNCT
ftr-441	1795	26	which	which	PRON
ftr-441	1795	27	is	be	AUX
ftr-441	1795	28	not	not	PART
ftr-441	1795	29	even	even	ADV
ftr-441	1795	30	a	a	DET
ftr-441	1795	31	nonrecognition	nonrecognition	NOUN
ftr-441	1795	32	event	event	NOUN
ftr-441	1795	33	under	under	ADP
ftr-441	1795	34	§	§	PROPN
ftr-441	1795	35	1031	1031	NUM
ftr-441	1795	36	.	.	PUNCT
ftr-441	1796	1	see	see	VERB
ftr-441	1796	2	regs	reg	NOUN
ftr-441	1796	3	.	.	PUNCT
ftr-441	1797	1	§	§	PROPN
ftr-441	1797	2	1.1031(a)-1(b	1.1031(a)-1(b	NUM
ftr-441	1797	3	)	)	PUNCT
ftr-441	1797	4	.	.	PUNCT
ftr-441	1798	1	260	260	NUM
ftr-441	1798	2	.	.	PUNCT
ftr-441	1799	1	see	see	VERB
ftr-441	1799	2	karen	karen	PROPN
ftr-441	1799	3	c.	c.	PROPN
ftr-441	1799	4	burke	burke	PROPN
ftr-441	1799	5	,	,	PUNCT
ftr-441	1799	6	disguised	disguised	ADJ
ftr-441	1799	7	sales	sale	NOUN
ftr-441	1799	8	between	between	ADP
ftr-441	1799	9	partners	partner	NOUN
ftr-441	1799	10	and	and	CCONJ
ftr-441	1799	11	partnerships	partnership	NOUN
ftr-441	1799	12	:	:	PUNCT
ftr-441	1799	13	section	section	NOUN
ftr-441	1799	14	707	707	NUM
ftr-441	1799	15	and	and	CCONJ
ftr-441	1799	16	the	the	DET
ftr-441	1799	17	forthcoming	forthcoming	ADJ
ftr-441	1799	18	regulations	regulation	NOUN
ftr-441	1799	19	,	,	PUNCT
ftr-441	1799	20	63	63	NUM
ftr-441	1799	21	ind	ind	NOUN
ftr-441	1799	22	.	.	PUNCT
ftr-441	1800	1	lj	lj	PROPN
ftr-441	1800	2	.	.	PROPN
ftr-441	1800	3	489	489	NUM
ftr-441	1800	4	,	,	PUNCT
ftr-441	1800	5	524	524	NUM
ftr-441	1800	6	-	-	SYM
ftr-441	1800	7	26	26	NUM
ftr-441	1800	8	(	(	PUNCT
ftr-441	1800	9	1988	1988	NUM
ftr-441	1800	10	)	)	PUNCT
ftr-441	1800	11	;	;	PUNCT
ftr-441	1800	12	david	david	PROPN
ftr-441	1800	13	r.	r.	PROPN
ftr-441	1800	14	keyser	keyser	PROPN
ftr-441	1800	15	,	,	PUNCT
ftr-441	1800	16	a	a	DET
ftr-441	1800	17	theory	theory	NOUN
ftr-441	1800	18	of	of	ADP
ftr-441	1800	19	nonrecognition	nonrecognition	NOUN
ftr-441	1800	20	under	under	ADP
ftr-441	1800	21	an	an	DET
ftr-441	1800	22	income	income	NOUN
ftr-441	1800	23	tax	tax	NOUN
ftr-441	1800	24	:	:	PUNCT
ftr-441	1800	25	the	the	DET
ftr-441	1800	26	case	case	NOUN
ftr-441	1800	27	of	of	ADP
ftr-441	1800	28	partnership	partnership	NOUN
ftr-441	1800	29	formation	formation	NOUN
ftr-441	1800	30	,	,	PUNCT
ftr-441	1800	31	5	5	NUM
ftr-441	1800	32	am	am	NOUN
ftr-441	1800	33	.	.	PUNCT
ftr-441	1801	1	j.	j.	PROPN
ftr-441	1801	2	tax	tax	PROPN
ftr-441	1801	3	pol	pol	PROPN
ftr-441	1801	4	.	.	PUNCT
ftr-441	1802	1	269	269	NUM
ftr-441	1802	2	,	,	PUNCT
ftr-441	1802	3	288	288	NUM
ftr-441	1802	4	-	-	SYM
ftr-441	1802	5	94	94	NUM
ftr-441	1802	6	(	(	PUNCT
ftr-441	1802	7	1986	1986	NUM
ftr-441	1802	8	)	)	PUNCT
ftr-441	1802	9	;	;	PUNCT
ftr-441	1802	10	philip	philip	PROPN
ftr-441	1802	11	f.	f.	PROPN
ftr-441	1802	12	postlewaite	postlewaite	PROPN
ftr-441	1802	13	et	et	PROPN
ftr-441	1802	14	al	al	PROPN
ftr-441	1802	15	.	.	PROPN
ftr-441	1802	16	,	,	PUNCT
ftr-441	1802	17	a	a	DET
ftr-441	1802	18	critique	critique	NOUN
ftr-441	1802	19	of	of	ADP
ftr-441	1802	20	the	the	DET
ftr-441	1802	21	ali	ali	PROPN
ftr-441	1802	22	's	's	PART
ftr-441	1802	23	federal	federal	ADJ
ftr-441	1802	24	income	income	NOUN
ftr-441	1802	25	tax	tax	NOUN
ftr-441	1802	26	project	project	NOUN
ftr-441	1802	27	-	-	PUNCT
ftr-441	1802	28	subchapter	subchapter	NOUN
ftr-441	1802	29	k.	k.	NOUN
ftr-441	1802	30	proposals	proposal	NOUN
ftr-441	1802	31	on	on	ADP
ftr-441	1802	32	the	the	DET
ftr-441	1802	33	taxation	taxation	NOUN
ftr-441	1802	34	of	of	ADP
ftr-441	1802	35	partners	partner	NOUN
ftr-441	1802	36	,	,	PUNCT
ftr-441	1802	37	75	75	NUM
ftr-441	1802	38	geo	geo	PROPN
ftr-441	1802	39	.	.	PUNCT
ftr-441	1803	1	lj	lj	PROPN
ftr-441	1803	2	.	.	PROPN
ftr-441	1803	3	423	423	NUM
ftr-441	1803	4	,	,	PUNCT
ftr-441	1803	5	471	471	NUM
ftr-441	1803	6	-	-	SYM
ftr-441	1803	7	73	73	NUM
ftr-441	1803	8	(	(	PUNCT
ftr-441	1803	9	1986	1986	NUM
ftr-441	1803	10	)	)	PUNCT
ftr-441	1803	11	;	;	PUNCT
ftr-441	1804	1	cf	cf	X
ftr-441	1804	2	.	.	PUNCT
ftr-441	1804	3	maijorie	maijorie	PROPN
ftr-441	1804	4	e.	e.	PROPN
ftr-441	1804	5	korahauser	korahauser	PROPN
ftr-441	1804	6	,	,	PUNCT
ftr-441	1804	7	section	section	NOUN
ftr-441	1804	8	1031	1031	NUM
ftr-441	1804	9	:	:	PUNCT
ftr-441	1804	10	ve	ve	AUX
ftr-441	1804	11	do	do	AUX
ftr-441	1804	12	n't	not	PART
ftr-441	1804	13	need	need	VERB
ftr-441	1804	14	another	another	DET
ftr-441	1804	15	hero	hero	NOUN
ftr-441	1804	16	,	,	PUNCT
ftr-441	1804	17	60	60	NUM
ftr-441	1804	18	s.	s.	PROPN
ftr-441	1804	19	cal	cal	PROPN
ftr-441	1804	20	.	.	PUNCT
ftr-441	1805	1	l.	l.	PROPN
ftr-441	1805	2	rev	rev	PROPN
ftr-441	1805	3	.	.	PROPN
ftr-441	1805	4	397	397	NUM
ftr-441	1805	5	,	,	PUNCT
ftr-441	1805	6	407	407	NUM
ftr-441	1805	7	-	-	SYM
ftr-441	1805	8	11	11	NUM
ftr-441	1805	9	(	(	PUNCT
ftr-441	1805	10	1987	1987	NUM
ftr-441	1805	11	)	)	PUNCT
ftr-441	1805	12	.	.	PUNCT
ftr-441	1806	1	261	261	NUM
ftr-441	1806	2	.	.	PUNCT
ftr-441	1807	1	cf	cf	X
ftr-441	1807	2	.	.	PUNCT
ftr-441	1808	1	irc	irc	PROPN
ftr-441	1808	2	§	§	PROPN
ftr-441	1808	3	453a(c	453a(c	PROPN
ftr-441	1808	4	)	)	PUNCT
ftr-441	1808	5	.	.	PUNCT
ftr-441	1809	1	262	262	NUM
ftr-441	1809	2	.	.	PUNCT
ftr-441	1810	1	the	the	DET
ftr-441	1810	2	capital	capital	NOUN
ftr-441	1810	3	account	account	NOUN
ftr-441	1810	4	rules	rule	NOUN
ftr-441	1810	5	in	in	ADP
ftr-441	1810	6	the	the	DET
ftr-441	1810	7	partnership	partnership	NOUN
ftr-441	1810	8	area	area	NOUN
ftr-441	1810	9	also	also	ADV
ftr-441	1810	10	require	require	VERB
ftr-441	1810	11	knowledge	knowledge	NOUN
ftr-441	1810	12	of	of	ADP
ftr-441	1810	13	the	the	DET
ftr-441	1810	14	value	value	NOUN
ftr-441	1810	15	of	of	ADP
ftr-441	1810	16	property	property	NOUN
ftr-441	1810	17	contributed	contribute	VERB
ftr-441	1810	18	to	to	ADP
ftr-441	1810	19	a	a	DET
ftr-441	1810	20	partnership	partnership	NOUN
ftr-441	1810	21	.	.	PUNCT
ftr-441	1811	1	see	see	VERB
ftr-441	1811	2	regs	reg	NOUN
ftr-441	1811	3	.	.	PUNCT
ftr-441	1812	1	§	§	PROPN
ftr-441	1812	2	1.704	1.704	NUM
ftr-441	1812	3	-	-	SYM
ftr-441	1812	4	1(b)(2)(iv)(b)(2	1(b)(2)(iv)(b)(2	NUM
ftr-441	1812	5	)	)	PUNCT
ftr-441	1812	6	and	and	CCONJ
ftr-441	1812	7	(	(	PUNCT
ftr-441	1812	8	5	5	NUM
ftr-441	1812	9	)	)	PUNCT
ftr-441	1812	10	.	.	PUNCT
ftr-441	1813	1	similarly	similarly	ADV
ftr-441	1813	2	,	,	PUNCT
ftr-441	1813	3	the	the	DET
ftr-441	1813	4	partnership	partnership	NOUN
ftr-441	1813	5	basis	basis	NOUN
ftr-441	1813	6	allocation	allocation	NOUN
ftr-441	1813	7	rules	rule	NOUN
ftr-441	1813	8	enacted	enact	VERB
ftr-441	1813	9	in	in	ADP
ftr-441	1813	10	1997	1997	NUM
ftr-441	1813	11	require	require	NOUN
ftr-441	1813	12	valuations	valuation	NOUN
ftr-441	1813	13	.	.	PUNCT
ftr-441	1814	1	see	see	VERB
ftr-441	1814	2	irc	irc	PROPN
ftr-441	1814	3	§	§	PROPN
ftr-441	1814	4	732(c	732(c	PROPN
ftr-441	1814	5	)	)	PUNCT
ftr-441	1814	6	.	.	PUNCT
ftr-441	1815	1	1999	1999	NUM
ftr-441	1815	2	]	]	PUNCT
ftr-441	1815	3	florida	florida	PROPN
ftr-441	1815	4	tax	tax	NOUN
ftr-441	1815	5	review	review	NOUN
ftr-441	1815	6	intends	intend	VERB
ftr-441	1815	7	to	to	PART
ftr-441	1815	8	comply	comply	VERB
ftr-441	1815	9	with	with	ADP
ftr-441	1815	10	all	all	PRON
ftr-441	1815	11	of	of	ADP
ftr-441	1815	12	the	the	DET
ftr-441	1815	13	additional	additional	ADJ
ftr-441	1815	14	rules	rule	NOUN
ftr-441	1815	15	accompanying	accompany	VERB
ftr-441	1815	16	an	an	DET
ftr-441	1815	17	initial	initial	ADJ
ftr-441	1815	18	nonrecognition	nonrecognition	NOUN
ftr-441	1815	19	result	result	NOUN
ftr-441	1815	20	.	.	PUNCT
ftr-441	1816	1	nevertheless	nevertheless	ADV
ftr-441	1816	2	,	,	PUNCT
ftr-441	1816	3	there	there	PRON
ftr-441	1816	4	will	will	AUX
ftr-441	1816	5	be	be	AUX
ftr-441	1816	6	certain	certain	ADJ
ftr-441	1816	7	instances	instance	NOUN
ftr-441	1816	8	where	where	SCONJ
ftr-441	1816	9	the	the	DET
ftr-441	1816	10	parties	party	NOUN
ftr-441	1816	11	have	have	AUX
ftr-441	1816	12	agreed	agree	VERB
ftr-441	1816	13	to	to	PART
ftr-441	1816	14	valuations	valuation	NOUN
ftr-441	1816	15	only	only	ADV
ftr-441	1816	16	in	in	ADP
ftr-441	1816	17	gross	gross	ADJ
ftr-441	1816	18	terms	term	NOUN
ftr-441	1816	19	and	and	CCONJ
ftr-441	1816	20	not	not	PART
ftr-441	1816	21	on	on	ADP
ftr-441	1816	22	a	a	DET
ftr-441	1816	23	property	property	NOUN
ftr-441	1816	24	-	-	PUNCT
ftr-441	1816	25	by	by	ADP
ftr-441	1816	26	-	-	PUNCT
ftr-441	1816	27	property	property	NOUN
ftr-441	1816	28	basis	basis	NOUN
ftr-441	1816	29	.	.	PUNCT
ftr-441	1817	1	in	in	ADP
ftr-441	1817	2	those	those	DET
ftr-441	1817	3	cases	case	NOUN
ftr-441	1817	4	,	,	PUNCT
ftr-441	1817	5	a	a	DET
ftr-441	1817	6	rule	rule	NOUN
ftr-441	1817	7	requiring	require	VERB
ftr-441	1817	8	the	the	DET
ftr-441	1817	9	recognition	recognition	NOUN
ftr-441	1817	10	of	of	ADP
ftr-441	1817	11	gains	gain	NOUN
ftr-441	1817	12	and	and	CCONJ
ftr-441	1817	13	losses	loss	NOUN
ftr-441	1817	14	will	will	AUX
ftr-441	1817	15	cause	cause	VERB
ftr-441	1817	16	some	some	DET
ftr-441	1817	17	difficulty	difficulty	NOUN
ftr-441	1817	18	and	and	CCONJ
ftr-441	1817	19	will	will	AUX
ftr-441	1817	20	inevitably	inevitably	ADV
ftr-441	1817	21	lead	lead	VERB
ftr-441	1817	22	to	to	ADP
ftr-441	1817	23	the	the	DET
ftr-441	1817	24	shaving	shaving	NOUN
ftr-441	1817	25	of	of	ADP
ftr-441	1817	26	income	income	NOUN
ftr-441	1817	27	amounts	amount	NOUN
ftr-441	1817	28	in	in	ADP
ftr-441	1817	29	the	the	DET
ftr-441	1817	30	taxpayer	taxpayer	NOUN
ftr-441	1817	31	's	's	PART
ftr-441	1817	32	favor	favor	NOUN
ftr-441	1817	33	.	.	PUNCT
ftr-441	1818	1	a	a	DET
ftr-441	1818	2	nonrecognition	nonrecognition	NOUN
ftr-441	1818	3	rule	rule	NOUN
ftr-441	1818	4	relying	rely	VERB
ftr-441	1818	5	solely	solely	ADV
ftr-441	1818	6	on	on	ADP
ftr-441	1818	7	basis	basis	NOUN
ftr-441	1818	8	amounts	amount	NOUN
ftr-441	1818	9	avoids	avoid	VERB
ftr-441	1818	10	these	these	DET
ftr-441	1818	11	problems	problem	NOUN
ftr-441	1818	12	.	.	PUNCT
ftr-441	1819	1	although	although	SCONJ
ftr-441	1819	2	valuation	valuation	NOUN
ftr-441	1819	3	concerns	concern	NOUN
ftr-441	1819	4	are	be	AUX
ftr-441	1819	5	not	not	PART
ftr-441	1819	6	significant	significant	ADJ
ftr-441	1819	7	enough	enough	ADV
ftr-441	1819	8	to	to	PART
ftr-441	1819	9	justify	justify	VERB
ftr-441	1819	10	a	a	DET
ftr-441	1819	11	nonrecognition	nonrecognition	NOUN
ftr-441	1819	12	rule	rule	NOUN
ftr-441	1819	13	in	in	ADP
ftr-441	1819	14	this	this	DET
ftr-441	1819	15	instance	instance	NOUN
ftr-441	1819	16	,	,	PUNCT
ftr-441	1819	17	they	they	PRON
ftr-441	1819	18	can	can	AUX
ftr-441	1819	19	not	not	PART
ftr-441	1819	20	be	be	AUX
ftr-441	1819	21	dismissed	dismiss	VERB
ftr-441	1819	22	out	out	ADP
ftr-441	1819	23	of	of	ADP
ftr-441	1819	24	hand	hand	NOUN
ftr-441	1819	25	.	.	PUNCT
ftr-441	1820	1	lock	lock	NOUN
ftr-441	1820	2	-	-	PUNCT
ftr-441	1820	3	in	in	ADP
ftr-441	1820	4	-	-	PUNCT
ftr-441	1820	5	the	the	DET
ftr-441	1820	6	potential	potential	ADJ
ftr-441	1820	7	deterrent	deterrent	NOUN
ftr-441	1820	8	effect	effect	NOUN
ftr-441	1820	9	a	a	DET
ftr-441	1820	10	recognition	recognition	NOUN
ftr-441	1820	11	rule	rule	NOUN
ftr-441	1820	12	would	would	AUX
ftr-441	1820	13	have	have	VERB
ftr-441	1820	14	on	on	ADP
ftr-441	1820	15	the	the	DET
ftr-441	1820	16	movement	movement	NOUN
ftr-441	1820	17	of	of	ADP
ftr-441	1820	18	capital	capital	NOUN
ftr-441	1820	19	into	into	ADP
ftr-441	1820	20	and	and	CCONJ
ftr-441	1820	21	out	out	ADP
ftr-441	1820	22	of	of	ADP
ftr-441	1820	23	businesses	business	NOUN
ftr-441	1820	24	-	-	PUNCT
ftr-441	1820	25	might	might	AUX
ftr-441	1820	26	initially	initially	ADV
ftr-441	1820	27	seem	seem	VERB
ftr-441	1820	28	to	to	PART
ftr-441	1820	29	be	be	AUX
ftr-441	1820	30	a	a	DET
ftr-441	1820	31	false	false	ADJ
ftr-441	1820	32	worry	worry	NOUN
ftr-441	1820	33	.	.	PUNCT
ftr-441	1821	1	after	after	ADV
ftr-441	1821	2	all	all	ADV
ftr-441	1821	3	,	,	PUNCT
ftr-441	1821	4	the	the	DET
ftr-441	1821	5	cause	cause	NOUN
ftr-441	1821	6	of	of	ADP
ftr-441	1821	7	the	the	DET
ftr-441	1821	8	lock	lock	NOUN
ftr-441	1821	9	-	-	PUNCT
ftr-441	1821	10	in	in	NOUN
ftr-441	1821	11	is	be	AUX
ftr-441	1821	12	the	the	DET
ftr-441	1821	13	earlier	early	ADJ
ftr-441	1821	14	failure	failure	NOUN
ftr-441	1821	15	to	to	ADP
ftr-441	1821	16	tax	tax	NOUN
ftr-441	1821	17	gains	gain	NOUN
ftr-441	1821	18	as	as	SCONJ
ftr-441	1821	19	they	they	PRON
ftr-441	1821	20	economically	economically	ADV
ftr-441	1821	21	accrued	accrue	VERB
ftr-441	1821	22	.	.	PUNCT
ftr-441	1822	1	thus	thus	ADV
ftr-441	1822	2	,	,	PUNCT
ftr-441	1822	3	one	one	PRON
ftr-441	1822	4	could	could	AUX
ftr-441	1822	5	argue	argue	VERB
ftr-441	1822	6	that	that	SCONJ
ftr-441	1822	7	a	a	DET
ftr-441	1822	8	nonrecognition	nonrecognition	NOUN
ftr-441	1822	9	rule	rule	NOUN
ftr-441	1822	10	improperly	improperly	ADV
ftr-441	1822	11	channels	channel	VERB
ftr-441	1822	12	capital	capital	NOUN
ftr-441	1822	13	only	only	ADV
ftr-441	1822	14	in	in	ADP
ftr-441	1822	15	certain	certain	ADJ
ftr-441	1822	16	directions	direction	NOUN
ftr-441	1822	17	favored	favor	VERB
ftr-441	1822	18	by	by	ADP
ftr-441	1822	19	the	the	DET
ftr-441	1822	20	rule	rule	NOUN
ftr-441	1822	21	-	-	PUNCT
ftr-441	1822	22	for	for	ADP
ftr-441	1822	23	example	example	NOUN
ftr-441	1822	24	,	,	PUNCT
ftr-441	1822	25	the	the	DET
ftr-441	1822	26	rule	rule	NOUN
ftr-441	1822	27	encourages	encourage	VERB
ftr-441	1822	28	the	the	DET
ftr-441	1822	29	transfer	transfer	NOUN
ftr-441	1822	30	of	of	ADP
ftr-441	1822	31	property	property	NOUN
ftr-441	1822	32	to	to	ADP
ftr-441	1822	33	and	and	CCONJ
ftr-441	1822	34	from	from	ADP
ftr-441	1822	35	a	a	DET
ftr-441	1822	36	firm	firm	NOUN
ftr-441	1822	37	instead	instead	ADV
ftr-441	1822	38	of	of	ADP
ftr-441	1822	39	the	the	DET
ftr-441	1822	40	sale	sale	NOUN
ftr-441	1822	41	of	of	ADP
ftr-441	1822	42	such	such	ADJ
ftr-441	1822	43	property	property	NOUN
ftr-441	1822	44	to	to	ADP
ftr-441	1822	45	a	a	DET
ftr-441	1822	46	third	third	ADJ
ftr-441	1822	47	party	party	NOUN
ftr-441	1822	48	-	-	PUNCT
ftr-441	1822	49	and	and	CCONJ
ftr-441	1822	50	extends	extend	VERB
ftr-441	1822	51	and	and	CCONJ
ftr-441	1822	52	increases	increase	VERB
ftr-441	1822	53	the	the	DET
ftr-441	1822	54	lock	lock	NOUN
ftr-441	1822	55	-	-	PUNCT
ftr-441	1822	56	in	in	ADP
ftr-441	1822	57	effect	effect	NOUN
ftr-441	1822	58	for	for	ADP
ftr-441	1822	59	the	the	DET
ftr-441	1822	60	future	future	NOUN
ftr-441	1822	61	.	.	PUNCT
ftr-441	1823	1	by	by	ADP
ftr-441	1823	2	contrast	contrast	NOUN
ftr-441	1823	3	,	,	PUNCT
ftr-441	1823	4	a	a	DET
ftr-441	1823	5	recognition	recognition	NOUN
ftr-441	1823	6	rule	rule	NOUN
ftr-441	1823	7	terminates	terminate	VERB
ftr-441	1823	8	the	the	DET
ftr-441	1823	9	lock	lock	NOUN
ftr-441	1823	10	-	-	PUNCT
ftr-441	1823	11	in	in	ADP
ftr-441	1823	12	effect	effect	NOUN
ftr-441	1823	13	;	;	PUNCT
ftr-441	1823	14	because	because	SCONJ
ftr-441	1823	15	it	it	PRON
ftr-441	1823	16	is	be	AUX
ftr-441	1823	17	the	the	DET
ftr-441	1823	18	realization	realization	NOUN
ftr-441	1823	19	principle	principle	NOUN
ftr-441	1823	20	that	that	PRON
ftr-441	1823	21	creates	create	VERB
ftr-441	1823	22	the	the	DET
ftr-441	1823	23	distortion	distortion	NOUN
ftr-441	1823	24	in	in	ADP
ftr-441	1823	25	the	the	DET
ftr-441	1823	26	first	first	ADJ
ftr-441	1823	27	place	place	NOUN
ftr-441	1823	28	,	,	PUNCT
ftr-441	1823	29	the	the	DET
ftr-441	1823	30	best	good	ADJ
ftr-441	1823	31	solution	solution	NOUN
ftr-441	1823	32	to	to	PART
ftr-441	1823	33	minimize	minimize	VERB
ftr-441	1823	34	distortion	distortion	NOUN
ftr-441	1823	35	is	be	AUX
ftr-441	1823	36	to	to	PART
ftr-441	1823	37	require	require	VERB
ftr-441	1823	38	the	the	DET
ftr-441	1823	39	realization	realization	NOUN
ftr-441	1823	40	and	and	CCONJ
ftr-441	1823	41	recognition	recognition	NOUN
ftr-441	1823	42	of	of	ADP
ftr-441	1823	43	gains	gain	NOUN
ftr-441	1823	44	at	at	ADP
ftr-441	1823	45	the	the	DET
ftr-441	1823	46	earliest	early	ADJ
ftr-441	1823	47	feasible	feasible	ADJ
ftr-441	1823	48	moment.263	moment.263	ADJ
ftr-441	1823	49	a	a	DET
ftr-441	1823	50	transfer	transfer	NOUN
ftr-441	1823	51	of	of	ADP
ftr-441	1823	52	property	property	NOUN
ftr-441	1823	53	to	to	ADP
ftr-441	1823	54	or	or	CCONJ
ftr-441	1823	55	from	from	ADP
ftr-441	1823	56	a	a	DET
ftr-441	1823	57	business	business	NOUN
ftr-441	1823	58	is	be	AUX
ftr-441	1823	59	a	a	DET
ftr-441	1823	60	transaction	transaction	NOUN
ftr-441	1823	61	,	,	PUNCT
ftr-441	1823	62	and	and	CCONJ
ftr-441	1823	63	often	often	ADV
ftr-441	1823	64	a	a	DET
ftr-441	1823	65	market	market	NOUN
ftr-441	1823	66	transaction	transaction	NOUN
ftr-441	1823	67	,	,	PUNCT
ftr-441	1823	68	and	and	CCONJ
ftr-441	1823	69	therefore	therefore	ADV
ftr-441	1823	70	qualifies	qualify	VERB
ftr-441	1823	71	as	as	ADP
ftr-441	1823	72	a	a	DET
ftr-441	1823	73	feasible	feasible	ADJ
ftr-441	1823	74	opportunity	opportunity	NOUN
ftr-441	1823	75	to	to	PART
ftr-441	1823	76	trigger	trigger	VERB
ftr-441	1823	77	tax	tax	NOUN
ftr-441	1823	78	consequences	consequence	NOUN
ftr-441	1823	79	.	.	PUNCT
ftr-441	1824	1	any	any	DET
ftr-441	1824	2	concern	concern	NOUN
ftr-441	1824	3	about	about	ADP
ftr-441	1824	4	the	the	DET
ftr-441	1824	5	overtaxation	overtaxation	NOUN
ftr-441	1824	6	of	of	ADP
ftr-441	1824	7	capital	capital	NOUN
ftr-441	1824	8	generally	generally	ADV
ftr-441	1824	9	should	should	AUX
ftr-441	1824	10	be	be	AUX
ftr-441	1824	11	dealt	deal	VERB
ftr-441	1824	12	with	with	ADP
ftr-441	1824	13	on	on	ADP
ftr-441	1824	14	a	a	DET
ftr-441	1824	15	more	more	ADV
ftr-441	1824	16	global	global	ADJ
ftr-441	1824	17	scale	scale	NOUN
ftr-441	1824	18	,	,	PUNCT
ftr-441	1824	19	such	such	ADJ
ftr-441	1824	20	as	as	ADP
ftr-441	1824	21	through	through	ADP
ftr-441	1824	22	the	the	DET
ftr-441	1824	23	adoption	adoption	NOUN
ftr-441	1824	24	of	of	ADP
ftr-441	1824	25	a	a	DET
ftr-441	1824	26	consumption	consumption	NOUN
ftr-441	1824	27	tax	tax	NOUN
ftr-441	1824	28	,	,	PUNCT
ftr-441	1824	29	rather	rather	ADV
ftr-441	1824	30	than	than	ADP
ftr-441	1824	31	in	in	ADP
ftr-441	1824	32	an	an	DET
ftr-441	1824	33	ad	ad	NOUN
ftr-441	1824	34	hoc	hoc	X
ftr-441	1824	35	manner	manner	NOUN
ftr-441	1824	36	through	through	ADP
ftr-441	1824	37	the	the	DET
ftr-441	1824	38	proliferation	proliferation	NOUN
ftr-441	1824	39	of	of	ADP
ftr-441	1824	40	selective	selective	ADJ
ftr-441	1824	41	nonrecognition	nonrecognition	NOUN
ftr-441	1824	42	rules	rule	NOUN
ftr-441	1824	43	.	.	PUNCT
ftr-441	1825	1	but	but	CCONJ
ftr-441	1825	2	perhaps	perhaps	ADV
ftr-441	1825	3	that	that	DET
ftr-441	1825	4	argument	argument	NOUN
ftr-441	1825	5	is	be	AUX
ftr-441	1825	6	too	too	ADV
ftr-441	1825	7	facile	facile	ADJ
ftr-441	1825	8	.	.	PUNCT
ftr-441	1826	1	given	give	VERB
ftr-441	1826	2	the	the	DET
ftr-441	1826	3	existence	existence	NOUN
ftr-441	1826	4	of	of	ADP
ftr-441	1826	5	the	the	DET
ftr-441	1826	6	realization	realization	NOUN
ftr-441	1826	7	principle	principle	NOUN
ftr-441	1826	8	,	,	PUNCT
ftr-441	1826	9	one	one	PRON
ftr-441	1826	10	might	might	AUX
ftr-441	1826	11	well	well	ADV
ftr-441	1826	12	worry	worry	VERB
ftr-441	1826	13	that	that	SCONJ
ftr-441	1826	14	a	a	DET
ftr-441	1826	15	general	general	ADJ
ftr-441	1826	16	recognition	recognition	NOUN
ftr-441	1826	17	rule	rule	NOUN
ftr-441	1826	18	would	would	AUX
ftr-441	1826	19	unduly	unduly	ADV
ftr-441	1826	20	deter	deter	VERB
ftr-441	1826	21	transfers	transfer	NOUN
ftr-441	1826	22	of	of	ADP
ftr-441	1826	23	capital	capital	NOUN
ftr-441	1826	24	to	to	ADP
ftr-441	1826	25	or	or	CCONJ
ftr-441	1826	26	from	from	ADP
ftr-441	1826	27	businesses	business	NOUN
ftr-441	1826	28	.	.	PUNCT
ftr-441	1827	1	the	the	DET
ftr-441	1827	2	failure	failure	NOUN
ftr-441	1827	3	to	to	PART
ftr-441	1827	4	tax	tax	VERB
ftr-441	1827	5	unrealized	unrealize	VERB
ftr-441	1827	6	gains	gain	NOUN
ftr-441	1827	7	inherent	inherent	ADJ
ftr-441	1827	8	in	in	ADP
ftr-441	1827	9	property	property	NOUN
ftr-441	1827	10	retained	retain	VERB
ftr-441	1827	11	by	by	ADP
ftr-441	1827	12	the	the	DET
ftr-441	1827	13	taxpayer	taxpayer	NOUN
ftr-441	1827	14	,	,	PUNCT
ftr-441	1827	15	and	and	CCONJ
ftr-441	1827	16	not	not	PART
ftr-441	1827	17	transferred	transfer	VERB
ftr-441	1827	18	,	,	PUNCT
ftr-441	1827	19	could	could	AUX
ftr-441	1827	20	operate	operate	VERB
ftr-441	1827	21	as	as	ADP
ftr-441	1827	22	a	a	DET
ftr-441	1827	23	powerful	powerful	ADJ
ftr-441	1827	24	disincentive	disincentive	NOUN
ftr-441	1827	25	against	against	ADP
ftr-441	1827	26	making	make	VERB
ftr-441	1827	27	the	the	DET
ftr-441	1827	28	transfer	transfer	NOUN
ftr-441	1827	29	.	.	PUNCT
ftr-441	1828	1	the	the	DET
ftr-441	1828	2	potential	potential	ADJ
ftr-441	1828	3	importance	importance	NOUN
ftr-441	1828	4	of	of	ADP
ftr-441	1828	5	the	the	DET
ftr-441	1828	6	lock	lock	NOUN
ftr-441	1828	7	-	-	PUNCT
ftr-441	1828	8	in	in	ADP
ftr-441	1828	9	effect	effect	NOUN
ftr-441	1828	10	requires	require	VERB
ftr-441	1828	11	judgment	judgment	NOUN
ftr-441	1828	12	regarding	regard	VERB
ftr-441	1828	13	the	the	DET
ftr-441	1828	14	sensitivity	sensitivity	NOUN
ftr-441	1828	15	or	or	CCONJ
ftr-441	1828	16	elasticity	elasticity	NOUN
ftr-441	1828	17	of	of	ADP
ftr-441	1828	18	the	the	DET
ftr-441	1828	19	transfer	transfer	NOUN
ftr-441	1828	20	to	to	ADP
ftr-441	1828	21	the	the	DET
ftr-441	1828	22	resulting	result	VERB
ftr-441	1828	23	tax	tax	NOUN
ftr-441	1828	24	consequences	consequence	NOUN
ftr-441	1828	25	.	.	PUNCT
ftr-441	1829	1	to	to	PART
ftr-441	1829	2	make	make	VERB
ftr-441	1829	3	that	that	DET
ftr-441	1829	4	judgment	judgment	NOUN
ftr-441	1829	5	,	,	PUNCT
ftr-441	1829	6	it	it	PRON
ftr-441	1829	7	is	be	AUX
ftr-441	1829	8	necessary	necessary	ADJ
ftr-441	1829	9	to	to	PART
ftr-441	1829	10	consider	consider	VERB
ftr-441	1829	11	the	the	DET
ftr-441	1829	12	nontax	nontax	NOUN
ftr-441	1829	13	reasons	reason	NOUN
ftr-441	1829	14	for	for	ADP
ftr-441	1829	15	the	the	DET
ftr-441	1829	16	transfer	transfer	NOUN
ftr-441	1829	17	.	.	PUNCT
ftr-441	1830	1	for	for	ADP
ftr-441	1830	2	a	a	DET
ftr-441	1830	3	transfer	transfer	NOUN
ftr-441	1830	4	of	of	ADP
ftr-441	1830	5	capital	capital	NOUN
ftr-441	1830	6	to	to	ADP
ftr-441	1830	7	a	a	DET
ftr-441	1830	8	firm	firm	NOUN
ftr-441	1830	9	,	,	PUNCT
ftr-441	1830	10	there	there	PRON
ftr-441	1830	11	would	would	AUX
ftr-441	1830	12	seem	seem	VERB
ftr-441	1830	13	to	to	PART
ftr-441	1830	14	be	be	AUX
ftr-441	1830	15	at	at	ADP
ftr-441	1830	16	least	least	ADV
ftr-441	1830	17	two	two	NUM
ftr-441	1830	18	reasons	reason	NOUN
ftr-441	1830	19	:	:	PUNCT
ftr-441	1830	20	the	the	DET
ftr-441	1830	21	benefits	benefit	NOUN
ftr-441	1830	22	offered	offer	VERB
ftr-441	1830	23	by	by	ADP
ftr-441	1830	24	state	state	NOUN
ftr-441	1830	25	law	law	NOUN
ftr-441	1830	26	features	feature	NOUN
ftr-441	1830	27	of	of	ADP
ftr-441	1830	28	the	the	DET
ftr-441	1830	29	263	263	NUM
ftr-441	1830	30	.	.	PUNCT
ftr-441	1831	1	see	see	VERB
ftr-441	1831	2	keyser	keyser	PROPN
ftr-441	1831	3	,	,	PUNCT
ftr-441	1831	4	supra	supra	PROPN
ftr-441	1831	5	note	note	PROPN
ftr-441	1831	6	260	260	NUM
ftr-441	1831	7	,	,	PUNCT
ftr-441	1831	8	at	at	ADP
ftr-441	1831	9	285	285	NUM
ftr-441	1831	10	;	;	PUNCT
ftr-441	1831	11	daniel	daniel	PROPN
ftr-441	1831	12	n.	n.	PROPN
ftr-441	1831	13	shaviro	shaviro	PROPN
ftr-441	1831	14	,	,	PUNCT
ftr-441	1831	15	an	an	DET
ftr-441	1831	16	efficiency	efficiency	NOUN
ftr-441	1831	17	analysis	analysis	NOUN
ftr-441	1831	18	of	of	ADP
ftr-441	1831	19	realization	realization	NOUN
ftr-441	1831	20	and	and	CCONJ
ftr-441	1831	21	recognition	recognition	NOUN
ftr-441	1831	22	rules	rule	NOUN
ftr-441	1831	23	under	under	ADP
ftr-441	1831	24	the	the	DET
ftr-441	1831	25	federal	federal	ADJ
ftr-441	1831	26	income	income	NOUN
ftr-441	1831	27	tax	tax	NOUN
ftr-441	1831	28	,	,	PUNCT
ftr-441	1831	29	48	48	NUM
ftr-441	1831	30	tax	tax	NOUN
ftr-441	1831	31	l.	l.	PROPN
ftr-441	1831	32	rev	rev	PROPN
ftr-441	1831	33	.	.	PROPN
ftr-441	1831	34	1	1	NUM
ftr-441	1831	35	,	,	PUNCT
ftr-441	1831	36	28	28	NUM
ftr-441	1831	37	(	(	PUNCT
ftr-441	1831	38	1992	1992	NUM
ftr-441	1831	39	)	)	PUNCT
ftr-441	1831	40	.	.	PUNCT
ftr-441	1832	1	[	[	X
ftr-441	1832	2	vol	vol	NOUN
ftr-441	1832	3	4:3	4:3	NUM
ftr-441	1832	4	the	the	DET
ftr-441	1832	5	future	future	ADJ
ftr-441	1832	6	taxation	taxation	NOUN
ftr-441	1832	7	of	of	ADP
ftr-441	1832	8	private	private	ADJ
ftr-441	1832	9	business	business	NOUN
ftr-441	1832	10	firns	firn	NOUN
ftr-441	1832	11	firm	firm	NOUN
ftr-441	1832	12	(	(	PUNCT
ftr-441	1832	13	limited	limited	ADJ
ftr-441	1832	14	liability	liability	NOUN
ftr-441	1832	15	,	,	PUNCT
ftr-441	1832	16	for	for	ADP
ftr-441	1832	17	example	example	NOUN
ftr-441	1832	18	)	)	PUNCT
ftr-441	1832	19	'	'	PUNCT
ftr-441	1832	20	and	and	CCONJ
ftr-441	1832	21	the	the	DET
ftr-441	1832	22	economic	economic	ADJ
ftr-441	1832	23	benefits	benefit	NOUN
ftr-441	1832	24	of	of	ADP
ftr-441	1832	25	pooling	pool	VERB
ftr-441	1832	26	the	the	DET
ftr-441	1832	27	property	property	NOUN
ftr-441	1832	28	with	with	ADP
ftr-441	1832	29	the	the	DET
ftr-441	1832	30	capital	capital	NOUN
ftr-441	1832	31	and	and	CCONJ
ftr-441	1832	32	services	service	NOUN
ftr-441	1832	33	of	of	ADP
ftr-441	1832	34	other	other	ADJ
ftr-441	1832	35	investors	investor	NOUN
ftr-441	1832	36	.	.	PUNCT
ftr-441	1833	1	in	in	ADP
ftr-441	1833	2	theory	theory	NOUN
ftr-441	1833	3	,	,	PUNCT
ftr-441	1833	4	the	the	PRON
ftr-441	1833	5	greater	great	ADJ
ftr-441	1833	6	the	the	DET
ftr-441	1833	7	nontax	nontax	NOUN
ftr-441	1833	8	benefits	benefit	NOUN
ftr-441	1833	9	obtained	obtain	VERB
ftr-441	1833	10	,	,	PUNCT
ftr-441	1833	11	the	the	PRON
ftr-441	1833	12	higher	high	ADJ
ftr-441	1833	13	the	the	DET
ftr-441	1833	14	permissible	permissible	ADJ
ftr-441	1833	15	tax	tax	NOUN
ftr-441	1833	16	cost	cost	NOUN
ftr-441	1833	17	of	of	ADP
ftr-441	1833	18	the	the	DET
ftr-441	1833	19	transaction	transaction	NOUN
ftr-441	1833	20	without	without	ADP
ftr-441	1833	21	creating	create	VERB
ftr-441	1833	22	an	an	DET
ftr-441	1833	23	undesirable	undesirable	ADJ
ftr-441	1833	24	disincentive	disincentive	NOUN
ftr-441	1833	25	to	to	ADP
ftr-441	1833	26	the	the	DET
ftr-441	1833	27	movement	movement	NOUN
ftr-441	1833	28	of	of	ADP
ftr-441	1833	29	capital	capital	NOUN
ftr-441	1833	30	.	.	PUNCT
ftr-441	1833	31	"	"	PUNCT
ftr-441	1834	1	at	at	ADP
ftr-441	1834	2	one	one	NUM
ftr-441	1834	3	time	time	NOUN
ftr-441	1834	4	,	,	PUNCT
ftr-441	1834	5	the	the	DET
ftr-441	1834	6	nontax	nontax	NOUN
ftr-441	1834	7	benefits	benefit	NOUN
ftr-441	1834	8	obtained	obtain	VERB
ftr-441	1834	9	from	from	ADP
ftr-441	1834	10	a	a	DET
ftr-441	1834	11	transfer	transfer	NOUN
ftr-441	1834	12	to	to	ADP
ftr-441	1834	13	an	an	DET
ftr-441	1834	14	s	s	NOUN
ftr-441	1834	15	corporation	corporation	NOUN
ftr-441	1834	16	might	might	AUX
ftr-441	1834	17	have	have	AUX
ftr-441	1834	18	been	be	AUX
ftr-441	1834	19	considered	consider	VERB
ftr-441	1834	20	greater	great	ADJ
ftr-441	1834	21	than	than	ADP
ftr-441	1834	22	those	those	PRON
ftr-441	1834	23	from	from	ADP
ftr-441	1834	24	a	a	DET
ftr-441	1834	25	transfer	transfer	NOUN
ftr-441	1834	26	to	to	ADP
ftr-441	1834	27	a	a	DET
ftr-441	1834	28	partnership	partnership	NOUN
ftr-441	1834	29	.	.	PUNCT
ftr-441	1835	1	both	both	DET
ftr-441	1835	2	transfers	transfer	NOUN
ftr-441	1835	3	offered	offer	VERB
ftr-441	1835	4	the	the	DET
ftr-441	1835	5	pooling	pooling	NOUN
ftr-441	1835	6	advantage	advantage	NOUN
ftr-441	1835	7	,	,	PUNCT
ftr-441	1835	8	'	'	PUNCT
ftr-441	1835	9	but	but	CCONJ
ftr-441	1835	10	the	the	DET
ftr-441	1835	11	s	s	NOUN
ftr-441	1835	12	contribution	contribution	NOUN
ftr-441	1835	13	transfer	transfer	NOUN
ftr-441	1835	14	also	also	ADV
ftr-441	1835	15	achieved	achieve	VERB
ftr-441	1835	16	the	the	DET
ftr-441	1835	17	important	important	ADJ
ftr-441	1835	18	benefits	benefit	NOUN
ftr-441	1835	19	of	of	ADP
ftr-441	1835	20	incorporation	incorporation	NOUN
ftr-441	1835	21	.	.	PUNCT
ftr-441	1836	1	hence	hence	ADV
ftr-441	1836	2	,	,	PUNCT
ftr-441	1836	3	the	the	DET
ftr-441	1836	4	partnership	partnership	NOUN
ftr-441	1836	5	area	area	NOUN
ftr-441	1836	6	perhaps	perhaps	ADV
ftr-441	1836	7	needed	need	VERB
ftr-441	1836	8	a	a	DET
ftr-441	1836	9	somewhat	somewhat	ADV
ftr-441	1836	10	more	more	ADV
ftr-441	1836	11	liberal	liberal	ADJ
ftr-441	1836	12	nonrecognition	nonrecognition	NOUN
ftr-441	1836	13	rule	rule	NOUN
ftr-441	1836	14	to	to	PART
ftr-441	1836	15	be	be	AUX
ftr-441	1836	16	sufficiently	sufficiently	ADV
ftr-441	1836	17	responsive	responsive	ADJ
ftr-441	1836	18	to	to	ADP
ftr-441	1836	19	lock	lock	VERB
ftr-441	1836	20	-	-	PUNCT
ftr-441	1836	21	in	in	ADP
ftr-441	1836	22	concerns	concern	NOUN
ftr-441	1836	23	.	.	PUNCT
ftr-441	1837	1	in	in	ADP
ftr-441	1837	2	contrast	contrast	NOUN
ftr-441	1837	3	,	,	PUNCT
ftr-441	1837	4	because	because	SCONJ
ftr-441	1837	5	of	of	ADP
ftr-441	1837	6	its	its	PRON
ftr-441	1837	7	greater	great	ADJ
ftr-441	1837	8	nontax	nontax	NOUN
ftr-441	1837	9	benefits	benefit	NOUN
ftr-441	1837	10	,	,	PUNCT
ftr-441	1837	11	contributions	contribution	NOUN
ftr-441	1837	12	to	to	ADP
ftr-441	1837	13	an	an	DET
ftr-441	1837	14	s	s	NOUN
ftr-441	1837	15	corporation	corporation	NOUN
ftr-441	1837	16	could	could	AUX
ftr-441	1837	17	face	face	VERB
ftr-441	1837	18	a	a	DET
ftr-441	1837	19	higher	high	ADJ
ftr-441	1837	20	tax	tax	NOUN
ftr-441	1837	21	barrier	barrier	NOUN
ftr-441	1837	22	.	.	PUNCT
ftr-441	1838	1	this	this	PRON
ftr-441	1838	2	is	be	AUX
ftr-441	1838	3	not	not	PART
ftr-441	1838	4	to	to	PART
ftr-441	1838	5	suggest	suggest	VERB
ftr-441	1838	6	that	that	SCONJ
ftr-441	1838	7	this	this	DET
ftr-441	1838	8	difference	difference	NOUN
ftr-441	1838	9	between	between	ADP
ftr-441	1838	10	s	s	VERB
ftr-441	1838	11	corporations	corporation	NOUN
ftr-441	1838	12	and	and	CCONJ
ftr-441	1838	13	partnerships	partnership	NOUN
ftr-441	1838	14	was	be	AUX
ftr-441	1838	15	the	the	DET
ftr-441	1838	16	basis	basis	NOUN
ftr-441	1838	17	for	for	ADP
ftr-441	1838	18	the	the	DET
ftr-441	1838	19	development	development	NOUN
ftr-441	1838	20	of	of	ADP
ftr-441	1838	21	their	their	PRON
ftr-441	1838	22	two	two	NUM
ftr-441	1838	23	different	different	ADJ
ftr-441	1838	24	rules	rule	NOUN
ftr-441	1838	25	,	,	PUNCT
ftr-441	1838	26	but	but	CCONJ
ftr-441	1838	27	it	it	PRON
ftr-441	1838	28	is	be	AUX
ftr-441	1838	29	a	a	DET
ftr-441	1838	30	possible	possible	ADJ
ftr-441	1838	31	way	way	NOUN
ftr-441	1838	32	to	to	PART
ftr-441	1838	33	rationalize	rationalize	VERB
ftr-441	1838	34	their	their	PRON
ftr-441	1838	35	existence	existence	NOUN
ftr-441	1838	36	.	.	PUNCT
ftr-441	1839	1	67	67	NUM
ftr-441	1839	2	with	with	ADP
ftr-441	1839	3	the	the	DET
ftr-441	1839	4	blurring	blurring	NOUN
ftr-441	1839	5	of	of	ADP
ftr-441	1839	6	state	state	NOUN
ftr-441	1839	7	law	law	NOUN
ftr-441	1839	8	characteristics	characteristic	NOUN
ftr-441	1839	9	among	among	ADP
ftr-441	1839	10	the	the	DET
ftr-441	1839	11	various	various	ADJ
ftr-441	1839	12	business	business	NOUN
ftr-441	1839	13	forms	form	NOUN
ftr-441	1839	14	,	,	PUNCT
ftr-441	1839	15	however	however	ADV
ftr-441	1839	16	,	,	PUNCT
ftr-441	1839	17	the	the	DET
ftr-441	1839	18	advantages	advantage	NOUN
ftr-441	1839	19	of	of	ADP
ftr-441	1839	20	incorporation	incorporation	NOUN
ftr-441	1839	21	may	may	AUX
ftr-441	1839	22	no	no	ADV
ftr-441	1839	23	longer	long	ADV
ftr-441	1839	24	be	be	AUX
ftr-441	1839	25	significant	significant	ADJ
ftr-441	1839	26	.	.	PUNCT
ftr-441	1840	1	put	put	VERB
ftr-441	1840	2	another	another	DET
ftr-441	1840	3	way	way	NOUN
ftr-441	1840	4	,	,	PUNCT
ftr-441	1840	5	transfers	transfer	NOUN
ftr-441	1840	6	to	to	ADP
ftr-441	1840	7	a	a	DET
ftr-441	1840	8	partnership	partnership	NOUN
ftr-441	1840	9	,	,	PUNCT
ftr-441	1840	10	an	an	DET
ftr-441	1840	11	llc	llc	NOUN
ftr-441	1840	12	,	,	PUNCT
ftr-441	1840	13	or	or	CCONJ
ftr-441	1840	14	another	another	PRON
ftr-441	1840	15	,	,	PUNCT
ftr-441	1840	16	not	not	PART
ftr-441	1840	17	yet	yet	ADV
ftr-441	1840	18	authorized	authorize	VERB
ftr-441	1840	19	,	,	PUNCT
ftr-441	1840	20	unincorporated	unincorporated	ADJ
ftr-441	1840	21	business	business	NOUN
ftr-441	1840	22	form	form	NOUN
ftr-441	1840	23	may	may	AUX
ftr-441	1840	24	gradually	gradually	ADV
ftr-441	1840	25	provide	provide	VERB
ftr-441	1840	26	the	the	DET
ftr-441	1840	27	same	same	ADJ
ftr-441	1840	28	nontax	nontax	NOUN
ftr-441	1840	29	benefits	benefit	NOUN
ftr-441	1840	30	as	as	ADP
ftr-441	1840	31	transfers	transfer	NOUN
ftr-441	1840	32	to	to	ADP
ftr-441	1840	33	an	an	DET
ftr-441	1840	34	s	s	NOUN
ftr-441	1840	35	corporation	corporation	NOUN
ftr-441	1840	36	.	.	PUNCT
ftr-441	1841	1	this	this	DET
ftr-441	1841	2	transformation	transformation	NOUN
ftr-441	1841	3	at	at	ADP
ftr-441	1841	4	the	the	DET
ftr-441	1841	5	state	state	NOUN
ftr-441	1841	6	level	level	NOUN
ftr-441	1841	7	,	,	PUNCT
ftr-441	1841	8	combined	combine	VERB
ftr-441	1841	9	with	with	ADP
ftr-441	1841	10	the	the	DET
ftr-441	1841	11	failure	failure	NOUN
ftr-441	1841	12	to	to	PART
ftr-441	1841	13	distinguish	distinguish	VERB
ftr-441	1841	14	private	private	ADJ
ftr-441	1841	15	firms	firm	NOUN
ftr-441	1841	16	for	for	ADP
ftr-441	1841	17	tax	tax	NOUN
ftr-441	1841	18	purposes	purpose	NOUN
ftr-441	1841	19	based	base	VERB
ftr-441	1841	20	on	on	ADP
ftr-441	1841	21	their	their	PRON
ftr-441	1841	22	organizational	organizational	ADJ
ftr-441	1841	23	characteristics	characteristic	NOUN
ftr-441	1841	24	,	,	PUNCT
ftr-441	1841	25	suggests	suggest	VERB
ftr-441	1841	26	that	that	SCONJ
ftr-441	1841	27	the	the	DET
ftr-441	1841	28	same	same	ADJ
ftr-441	1841	29	tax	tax	NOUN
ftr-441	1841	30	rule	rule	NOUN
ftr-441	1841	31	should	should	AUX
ftr-441	1841	32	apply	apply	VERB
ftr-441	1841	33	to	to	ADP
ftr-441	1841	34	property	property	NOUN
ftr-441	1841	35	contributions	contribution	NOUN
ftr-441	1841	36	to	to	ADP
ftr-441	1841	37	private	private	ADJ
ftr-441	1841	38	business	business	NOUN
ftr-441	1841	39	firms	firm	NOUN
ftr-441	1841	40	,	,	PUNCT
ftr-441	1841	41	whether	whether	SCONJ
ftr-441	1841	42	they	they	PRON
ftr-441	1841	43	are	be	AUX
ftr-441	1841	44	taxed	tax	VERB
ftr-441	1841	45	under	under	ADP
ftr-441	1841	46	the	the	DET
ftr-441	1841	47	spbf	spbf	ADJ
ftr-441	1841	48	system	system	NOUN
ftr-441	1841	49	or	or	CCONJ
ftr-441	1841	50	the	the	DET
ftr-441	1841	51	default	default	NOUN
ftr-441	1841	52	version	version	NOUN
ftr-441	1841	53	of	of	ADP
ftr-441	1841	54	conduit	conduit	NOUN
ftr-441	1841	55	taxation	taxation	NOUN
ftr-441	1841	56	.	.	PUNCT
ftr-441	1842	1	moreover	moreover	ADV
ftr-441	1842	2	,	,	PUNCT
ftr-441	1842	3	if	if	SCONJ
ftr-441	1842	4	the	the	DET
ftr-441	1842	5	s	s	PROPN
ftr-441	1842	6	corporation	corporation	NOUN
ftr-441	1842	7	rule	rule	NOUN
ftr-441	1842	8	has	have	AUX
ftr-441	1842	9	been	be	AUX
ftr-441	1842	10	adequately	adequately	ADV
ftr-441	1842	11	responsive	responsive	ADJ
ftr-441	1842	12	to	to	ADP
ftr-441	1842	13	lock	lock	VERB
ftr-441	1842	14	-	-	PUNCT
ftr-441	1842	15	in	in	ADP
ftr-441	1842	16	concerns	concern	NOUN
ftr-441	1842	17	,	,	PUNCT
ftr-441	1842	18	it	it	PRON
ftr-441	1842	19	may	may	AUX
ftr-441	1842	20	be	be	AUX
ftr-441	1842	21	an	an	DET
ftr-441	1842	22	acceptable	acceptable	ADJ
ftr-441	1842	23	rule	rule	NOUN
ftr-441	1842	24	for	for	ADP
ftr-441	1842	25	the	the	DET
ftr-441	1842	26	spbf	spbf	ADJ
ftr-441	1842	27	system	system	NOUN
ftr-441	1842	28	.	.	PUNCT
ftr-441	1843	1	at	at	ADP
ftr-441	1843	2	minimum	minimum	NOUN
ftr-441	1843	3	,	,	PUNCT
ftr-441	1843	4	concerns	concern	NOUN
ftr-441	1843	5	about	about	ADP
ftr-441	1843	6	lock	lock	NOUN
ftr-441	1843	7	-	-	PUNCT
ftr-441	1843	8	in	in	NOUN
ftr-441	1843	9	do	do	AUX
ftr-441	1843	10	not	not	PART
ftr-441	1843	11	provide	provide	VERB
ftr-441	1843	12	any	any	DET
ftr-441	1843	13	compelling	compelling	ADJ
ftr-441	1843	14	case	case	NOUN
ftr-441	1843	15	for	for	ADP
ftr-441	1843	16	adoption	adoption	NOUN
ftr-441	1843	17	of	of	ADP
ftr-441	1843	18	the	the	DET
ftr-441	1843	19	more	more	ADV
ftr-441	1843	20	liberal	liberal	ADJ
ftr-441	1843	21	partnership	partnership	NOUN
ftr-441	1843	22	contribution	contribution	NOUN
ftr-441	1843	23	rule	rule	NOUN
ftr-441	1843	24	.	.	PUNCT
ftr-441	1844	1	264	264	NUM
ftr-441	1844	2	.	.	PUNCT
ftr-441	1844	3	cf	cf	NOUN
ftr-441	1844	4	.	.	PUNCT
ftr-441	1845	1	note	note	NOUN
ftr-441	1845	2	,	,	PUNCT
ftr-441	1845	3	losing	lose	VERB
ftr-441	1845	4	control	control	NOUN
ftr-441	1845	5	:	:	PUNCT
ftr-441	1845	6	toward	toward	ADP
ftr-441	1845	7	a	a	DET
ftr-441	1845	8	new	new	ADJ
ftr-441	1845	9	understanding	understanding	NOUN
ftr-441	1845	10	of	of	ADP
ftr-441	1845	11	the	the	DET
ftr-441	1845	12	taxation	taxation	NOUN
ftr-441	1845	13	of	of	ADP
ftr-441	1845	14	post	post	ADJ
ftr-441	1845	15	-	-	ADJ
ftr-441	1845	16	incorporation	incorporation	NOUN
ftr-441	1845	17	stock	stock	NOUN
ftr-441	1845	18	sales	sale	NOUN
ftr-441	1845	19	,	,	PUNCT
ftr-441	1845	20	108	108	NUM
ftr-441	1845	21	harv	harv	NOUN
ftr-441	1845	22	.	.	PUNCT
ftr-441	1846	1	l.	l.	PROPN
ftr-441	1846	2	rev	rev	PROPN
ftr-441	1846	3	.	.	PROPN
ftr-441	1846	4	1661	1661	NUM
ftr-441	1846	5	,	,	PUNCT
ftr-441	1846	6	1662	1662	NUM
ftr-441	1846	7	n.7	n.7	X
ftr-441	1846	8	(	(	PUNCT
ftr-441	1846	9	1995	1995	NUM
ftr-441	1846	10	)	)	PUNCT
ftr-441	1846	11	.	.	PUNCT
ftr-441	1847	1	by	by	ADP
ftr-441	1847	2	transferring	transfer	VERB
ftr-441	1847	3	capital	capital	NOUN
ftr-441	1847	4	to	to	ADP
ftr-441	1847	5	a	a	DET
ftr-441	1847	6	firm	firm	NOUN
ftr-441	1847	7	providing	provide	VERB
ftr-441	1847	8	limited	limited	ADJ
ftr-441	1847	9	liability	liability	NOUN
ftr-441	1847	10	protection	protection	NOUN
ftr-441	1847	11	,	,	PUNCT
ftr-441	1847	12	the	the	DET
ftr-441	1847	13	transferor	transferor	NOUN
ftr-441	1847	14	potentially	potentially	ADV
ftr-441	1847	15	protects	protect	VERB
ftr-441	1847	16	untransferred	untransferred	ADJ
ftr-441	1847	17	assets	asset	NOUN
ftr-441	1847	18	from	from	ADP
ftr-441	1847	19	tort	tort	NOUN
ftr-441	1847	20	and	and	CCONJ
ftr-441	1847	21	other	other	ADJ
ftr-441	1847	22	liabilities	liability	NOUN
ftr-441	1847	23	arising	arise	VERB
ftr-441	1847	24	from	from	ADP
ftr-441	1847	25	the	the	DET
ftr-441	1847	26	firm	firm	NOUN
ftr-441	1847	27	's	's	PART
ftr-441	1847	28	business	business	NOUN
ftr-441	1847	29	operations	operation	NOUN
ftr-441	1847	30	.	.	PUNCT
ftr-441	1848	1	265	265	X
ftr-441	1848	2	.	.	PUNCT
ftr-441	1849	1	see	see	VERB
ftr-441	1849	2	shaviro	shaviro	NOUN
ftr-441	1849	3	,	,	PUNCT
ftr-441	1849	4	supra	supra	PROPN
ftr-441	1849	5	note	note	NOUN
ftr-441	1849	6	263	263	NUM
ftr-441	1849	7	,	,	PUNCT
ftr-441	1849	8	at	at	ADP
ftr-441	1849	9	32	32	NUM
ftr-441	1849	10	-	-	SYM
ftr-441	1849	11	34	34	NUM
ftr-441	1849	12	.	.	PUNCT
ftr-441	1849	13	266	266	NUM
ftr-441	1849	14	.	.	PUNCT
ftr-441	1850	1	we	we	PRON
ftr-441	1850	2	ignore	ignore	VERB
ftr-441	1850	3	transfers	transfer	NOUN
ftr-441	1850	4	to	to	ADP
ftr-441	1850	5	wholly	wholly	ADV
ftr-441	1850	6	-	-	PUNCT
ftr-441	1850	7	owned	own	VERB
ftr-441	1850	8	s	s	PART
ftr-441	1850	9	corporations	corporation	NOUN
ftr-441	1850	10	because	because	SCONJ
ftr-441	1850	11	they	they	PRON
ftr-441	1850	12	are	be	AUX
ftr-441	1850	13	tax	tax	NOUN
ftr-441	1850	14	-	-	PUNCT
ftr-441	1850	15	free	free	ADJ
ftr-441	1850	16	under	under	ADP
ftr-441	1850	17	current	current	ADJ
ftr-441	1850	18	§	§	PROPN
ftr-441	1850	19	351	351	NUM
ftr-441	1850	20	.	.	PUNCT
ftr-441	1851	1	thus	thus	ADV
ftr-441	1851	2	,	,	PUNCT
ftr-441	1851	3	the	the	DET
ftr-441	1851	4	only	only	ADJ
ftr-441	1851	5	case	case	NOUN
ftr-441	1851	6	where	where	SCONJ
ftr-441	1851	7	the	the	DET
ftr-441	1851	8	restrictive	restrictive	ADJ
ftr-441	1851	9	nature	nature	NOUN
ftr-441	1851	10	of	of	ADP
ftr-441	1851	11	the	the	DET
ftr-441	1851	12	s	s	PROPN
ftr-441	1851	13	corporation	corporation	NOUN
ftr-441	1851	14	rule	rule	NOUN
ftr-441	1851	15	(	(	PUNCT
ftr-441	1851	16	in	in	ADP
ftr-441	1851	17	contrast	contrast	NOUN
ftr-441	1851	18	to	to	ADP
ftr-441	1851	19	the	the	DET
ftr-441	1851	20	partnership	partnership	NOUN
ftr-441	1851	21	rule	rule	NOUN
ftr-441	1851	22	)	)	PUNCT
ftr-441	1851	23	on	on	ADP
ftr-441	1851	24	property	property	NOUN
ftr-441	1851	25	contributions	contribution	NOUN
ftr-441	1851	26	might	might	AUX
ftr-441	1851	27	come	come	VERB
ftr-441	1851	28	into	into	ADP
ftr-441	1851	29	play	play	NOUN
ftr-441	1851	30	is	be	AUX
ftr-441	1851	31	in	in	ADP
ftr-441	1851	32	cases	case	NOUN
ftr-441	1851	33	where	where	SCONJ
ftr-441	1851	34	there	there	PRON
ftr-441	1851	35	is	be	VERB
ftr-441	1851	36	more	more	ADJ
ftr-441	1851	37	than	than	ADP
ftr-441	1851	38	one	one	NUM
ftr-441	1851	39	shareholder	shareholder	NOUN
ftr-441	1851	40	.	.	PUNCT
ftr-441	1852	1	267	267	NUM
ftr-441	1852	2	.	.	PUNCT
ftr-441	1853	1	one	one	NUM
ftr-441	1853	2	commentator	commentator	NOUN
ftr-441	1853	3	has	have	AUX
ftr-441	1853	4	suggested	suggest	VERB
ftr-441	1853	5	that	that	SCONJ
ftr-441	1853	6	the	the	DET
ftr-441	1853	7	80o	80o	PROPN
ftr-441	1853	8	control	control	PROPN
ftr-441	1853	9	requirement	requirement	NOUN
ftr-441	1853	10	in	in	ADP
ftr-441	1853	11	§	§	PROPN
ftr-441	1853	12	351	351	NUM
ftr-441	1853	13	was	be	AUX
ftr-441	1853	14	inserted	insert	VERB
ftr-441	1853	15	solely	solely	ADV
ftr-441	1853	16	to	to	PART
ftr-441	1853	17	prevent	prevent	VERB
ftr-441	1853	18	corporations	corporation	NOUN
ftr-441	1853	19	with	with	ADP
ftr-441	1853	20	marketable	marketable	ADJ
ftr-441	1853	21	securities	security	NOUN
ftr-441	1853	22	from	from	ADP
ftr-441	1853	23	using	use	VERB
ftr-441	1853	24	their	their	PRON
ftr-441	1853	25	stock	stock	NOUN
ftr-441	1853	26	to	to	PART
ftr-441	1853	27	buy	buy	VERB
ftr-441	1853	28	property	property	NOUN
ftr-441	1853	29	,	,	PUNCT
ftr-441	1853	30	thus	thus	ADV
ftr-441	1853	31	shielding	shield	VERB
ftr-441	1853	32	their	their	PRON
ftr-441	1853	33	vendors	vendor	NOUN
ftr-441	1853	34	from	from	ADP
ftr-441	1853	35	immediate	immediate	ADJ
ftr-441	1853	36	tax	tax	NOUN
ftr-441	1853	37	(	(	PUNCT
ftr-441	1853	38	and	and	CCONJ
ftr-441	1853	39	possibly	possibly	ADV
ftr-441	1853	40	transforming	transform	VERB
ftr-441	1853	41	ordinary	ordinary	ADJ
ftr-441	1853	42	income	income	NOUN
ftr-441	1853	43	into	into	ADP
ftr-441	1853	44	capital	capital	NOUN
ftr-441	1853	45	gain	gain	NOUN
ftr-441	1853	46	)	)	PUNCT
ftr-441	1853	47	.	.	PUNCT
ftr-441	1854	1	because	because	SCONJ
ftr-441	1854	2	partnership	partnership	NOUN
ftr-441	1854	3	interests	interest	NOUN
ftr-441	1854	4	are	be	AUX
ftr-441	1854	5	generally	generally	ADV
ftr-441	1854	6	not	not	PART
ftr-441	1854	7	marketable	marketable	ADJ
ftr-441	1854	8	,	,	PUNCT
ftr-441	1854	9	and	and	CCONJ
ftr-441	1854	10	certainly	certainly	ADV
ftr-441	1854	11	were	be	AUX
ftr-441	1854	12	not	not	PART
ftr-441	1854	13	when	when	SCONJ
ftr-441	1854	14	the	the	DET
ftr-441	1854	15	partnership	partnership	NOUN
ftr-441	1854	16	rule	rule	NOUN
ftr-441	1854	17	was	be	AUX
ftr-441	1854	18	established	establish	VERB
ftr-441	1854	19	,	,	PUNCT
ftr-441	1854	20	the	the	DET
ftr-441	1854	21	more	more	ADV
ftr-441	1854	22	liberal	liberal	ADJ
ftr-441	1854	23	nonrecognition	nonrecognition	NOUN
ftr-441	1854	24	rule	rule	NOUN
ftr-441	1854	25	was	be	AUX
ftr-441	1854	26	appropriate	appropriate	ADJ
ftr-441	1854	27	for	for	ADP
ftr-441	1854	28	transfers	transfer	NOUN
ftr-441	1854	29	to	to	ADP
ftr-441	1854	30	partnerships	partnership	NOUN
ftr-441	1854	31	.	.	PUNCT
ftr-441	1855	1	see	see	VERB
ftr-441	1855	2	jensen	jensen	PROPN
ftr-441	1855	3	,	,	PUNCT
ftr-441	1855	4	supra	supra	PROPN
ftr-441	1855	5	note	note	PROPN
ftr-441	1855	6	256	256	NUM
ftr-441	1855	7	,	,	PUNCT
ftr-441	1855	8	at	at	ADP
ftr-441	1855	9	397	397	NUM
ftr-441	1855	10	.	.	PUNCT
ftr-441	1855	11	1999	1999	NUM
ftr-441	1855	12	]	]	PUNCT
ftr-441	1855	13	florida	florida	PROPN
ftr-441	1855	14	tax	tax	PROPN
ftr-441	1855	15	review	review	NOUN
ftr-441	1855	16	a	a	DET
ftr-441	1855	17	similar	similar	ADJ
ftr-441	1855	18	analysis	analysis	NOUN
ftr-441	1855	19	applies	apply	VERB
ftr-441	1855	20	to	to	ADP
ftr-441	1855	21	distributions	distribution	NOUN
ftr-441	1855	22	.	.	PUNCT
ftr-441	1856	1	the	the	DET
ftr-441	1856	2	principal	principal	ADJ
ftr-441	1856	3	nontax	nontax	NOUN
ftr-441	1856	4	benefit	benefit	NOUN
ftr-441	1856	5	of	of	ADP
ftr-441	1856	6	a	a	DET
ftr-441	1856	7	distribution	distribution	NOUN
ftr-441	1856	8	would	would	AUX
ftr-441	1856	9	seem	seem	VERB
ftr-441	1856	10	to	to	PART
ftr-441	1856	11	be	be	AUX
ftr-441	1856	12	the	the	DET
ftr-441	1856	13	withdrawal	withdrawal	NOUN
ftr-441	1856	14	of	of	ADP
ftr-441	1856	15	money	money	NOUN
ftr-441	1856	16	or	or	CCONJ
ftr-441	1856	17	property	property	NOUN
ftr-441	1856	18	from	from	ADP
ftr-441	1856	19	the	the	DET
ftr-441	1856	20	common	common	ADJ
ftr-441	1856	21	pool	pool	NOUN
ftr-441	1856	22	and	and	CCONJ
ftr-441	1856	23	the	the	DET
ftr-441	1856	24	resulting	result	VERB
ftr-441	1856	25	ability	ability	NOUN
ftr-441	1856	26	of	of	ADP
ftr-441	1856	27	the	the	DET
ftr-441	1856	28	distributee	distributee	NOUN
ftr-441	1856	29	to	to	PART
ftr-441	1856	30	make	make	VERB
ftr-441	1856	31	investment	investment	NOUN
ftr-441	1856	32	or	or	CCONJ
ftr-441	1856	33	consumption	consumption	NOUN
ftr-441	1856	34	decisions	decision	NOUN
ftr-441	1856	35	directly	directly	ADV
ftr-441	1856	36	.	.	PUNCT
ftr-441	1857	1	both	both	PRON
ftr-441	1857	2	partnership	partnership	NOUN
ftr-441	1857	3	and	and	CCONJ
ftr-441	1857	4	s	s	PROPN
ftr-441	1857	5	corporation	corporation	NOUN
ftr-441	1857	6	distributions	distribution	NOUN
ftr-441	1857	7	provide	provide	VERB
ftr-441	1857	8	this	this	DET
ftr-441	1857	9	same	same	ADJ
ftr-441	1857	10	benefit	benefit	NOUN
ftr-441	1857	11	.	.	PUNCT
ftr-441	1858	1	on	on	ADP
ftr-441	1858	2	the	the	DET
ftr-441	1858	3	other	other	ADJ
ftr-441	1858	4	hand	hand	NOUN
ftr-441	1858	5	,	,	PUNCT
ftr-441	1858	6	at	at	ADP
ftr-441	1858	7	least	least	ADJ
ftr-441	1858	8	traditionally	traditionally	ADV
ftr-441	1858	9	,	,	PUNCT
ftr-441	1858	10	there	there	PRON
ftr-441	1858	11	has	have	AUX
ftr-441	1858	12	been	be	AUX
ftr-441	1858	13	a	a	DET
ftr-441	1858	14	difference	difference	NOUN
ftr-441	1858	15	between	between	ADP
ftr-441	1858	16	the	the	DET
ftr-441	1858	17	nontax	nontax	NOUN
ftr-441	1858	18	consequences	consequence	NOUN
ftr-441	1858	19	of	of	ADP
ftr-441	1858	20	a	a	DET
ftr-441	1858	21	liquidating	liquidate	VERB
ftr-441	1858	22	distribution	distribution	NOUN
ftr-441	1858	23	by	by	ADP
ftr-441	1858	24	an	an	DET
ftr-441	1858	25	s	s	NOUN
ftr-441	1858	26	corporation	corporation	NOUN
ftr-441	1858	27	and	and	CCONJ
ftr-441	1858	28	a	a	DET
ftr-441	1858	29	partnership	partnership	NOUN
ftr-441	1858	30	:	:	PUNCT
ftr-441	1858	31	only	only	ADV
ftr-441	1858	32	the	the	DET
ftr-441	1858	33	former	former	ADJ
ftr-441	1858	34	has	have	AUX
ftr-441	1858	35	entailed	entail	VERB
ftr-441	1858	36	the	the	DET
ftr-441	1858	37	nontax	nontax	ADJ
ftr-441	1858	38	disadvantage	disadvantage	NOUN
ftr-441	1858	39	of	of	ADP
ftr-441	1858	40	loss	loss	NOUN
ftr-441	1858	41	of	of	ADP
ftr-441	1858	42	limited	limited	ADJ
ftr-441	1858	43	liability	liability	NOUN
ftr-441	1858	44	and	and	CCONJ
ftr-441	1858	45	other	other	ADJ
ftr-441	1858	46	benefits	benefit	NOUN
ftr-441	1858	47	of	of	ADP
ftr-441	1858	48	state	state	NOUN
ftr-441	1858	49	law	law	NOUN
ftr-441	1858	50	incorporation.268	incorporation.268	NOUN
ftr-441	1858	51	despite	despite	SCONJ
ftr-441	1858	52	this	this	DET
ftr-441	1858	53	nontax	nontax	NOUN
ftr-441	1858	54	difference	difference	NOUN
ftr-441	1858	55	,	,	PUNCT
ftr-441	1858	56	as	as	SCONJ
ftr-441	1858	57	we	we	PRON
ftr-441	1858	58	have	have	AUX
ftr-441	1858	59	seen	see	VERB
ftr-441	1858	60	,	,	PUNCT
ftr-441	1858	61	the	the	DET
ftr-441	1858	62	tax	tax	NOUN
ftr-441	1858	63	cost	cost	NOUN
ftr-441	1858	64	of	of	ADP
ftr-441	1858	65	a	a	DET
ftr-441	1858	66	distribution	distribution	NOUN
ftr-441	1858	67	by	by	ADP
ftr-441	1858	68	an	an	DET
ftr-441	1858	69	s	s	NOUN
ftr-441	1858	70	corporation	corporation	NOUN
ftr-441	1858	71	is	be	AUX
ftr-441	1858	72	higher	high	ADJ
ftr-441	1858	73	than	than	ADP
ftr-441	1858	74	that	that	PRON
ftr-441	1858	75	of	of	ADP
ftr-441	1858	76	a	a	DET
ftr-441	1858	77	distribution	distribution	NOUN
ftr-441	1858	78	by	by	ADP
ftr-441	1858	79	a	a	DET
ftr-441	1858	80	partnership	partnership	NOUN
ftr-441	1858	81	.	.	PUNCT
ftr-441	1859	1	thus	thus	ADV
ftr-441	1859	2	,	,	PUNCT
ftr-441	1859	3	from	from	ADP
ftr-441	1859	4	a	a	DET
ftr-441	1859	5	lock	lock	NOUN
ftr-441	1859	6	-	-	PUNCT
ftr-441	1859	7	in	in	ADP
ftr-441	1859	8	standpoint	standpoint	NOUN
ftr-441	1859	9	,	,	PUNCT
ftr-441	1859	10	the	the	DET
ftr-441	1859	11	partnership	partnership	NOUN
ftr-441	1859	12	and	and	CCONJ
ftr-441	1859	13	s	s	PROPN
ftr-441	1859	14	corporation	corporation	NOUN
ftr-441	1859	15	tax	tax	NOUN
ftr-441	1859	16	rules	rule	NOUN
ftr-441	1859	17	would	would	AUX
ftr-441	1859	18	seem	seem	VERB
ftr-441	1859	19	to	to	PART
ftr-441	1859	20	be	be	AUX
ftr-441	1859	21	exactly	exactly	ADV
ftr-441	1859	22	the	the	DET
ftr-441	1859	23	opposite	opposite	NOUN
ftr-441	1859	24	of	of	ADP
ftr-441	1859	25	what	what	PRON
ftr-441	1859	26	they	they	PRON
ftr-441	1859	27	should	should	AUX
ftr-441	1859	28	be	be	AUX
ftr-441	1859	29	.	.	PUNCT
ftr-441	1860	1	the	the	DET
ftr-441	1860	2	s	s	PROPN
ftr-441	1860	3	rule	rule	NOUN
ftr-441	1860	4	,	,	PUNCT
ftr-441	1860	5	mindful	mindful	ADJ
ftr-441	1860	6	of	of	ADP
ftr-441	1860	7	the	the	DET
ftr-441	1860	8	somewhat	somewhat	ADV
ftr-441	1860	9	smaller	small	ADJ
ftr-441	1860	10	nontax	nontax	NOUN
ftr-441	1860	11	benefits	benefit	NOUN
ftr-441	1860	12	of	of	ADP
ftr-441	1860	13	an	an	DET
ftr-441	1860	14	s	s	NOUN
ftr-441	1860	15	distribution	distribution	NOUN
ftr-441	1860	16	,	,	PUNCT
ftr-441	1860	17	should	should	AUX
ftr-441	1860	18	impose	impose	VERB
ftr-441	1860	19	a	a	DET
ftr-441	1860	20	smaller	small	ADJ
ftr-441	1860	21	tax	tax	NOUN
ftr-441	1860	22	burden	burden	NOUN
ftr-441	1860	23	than	than	SCONJ
ftr-441	1860	24	the	the	DET
ftr-441	1860	25	partnership	partnership	NOUN
ftr-441	1860	26	rule	rule	VERB
ftr-441	1860	27	to	to	PART
ftr-441	1860	28	avoid	avoid	VERB
ftr-441	1860	29	an	an	DET
ftr-441	1860	30	undesirable	undesirable	ADJ
ftr-441	1860	31	trapping	trapping	NOUN
ftr-441	1860	32	of	of	ADP
ftr-441	1860	33	cash	cash	NOUN
ftr-441	1860	34	and	and	CCONJ
ftr-441	1860	35	property	property	NOUN
ftr-441	1860	36	within	within	ADP
ftr-441	1860	37	the	the	DET
ftr-441	1860	38	firm	firm	NOUN
ftr-441	1860	39	.	.	PUNCT
ftr-441	1861	1	the	the	DET
ftr-441	1861	2	fact	fact	NOUN
ftr-441	1861	3	that	that	SCONJ
ftr-441	1861	4	the	the	DET
ftr-441	1861	5	s	s	NOUN
ftr-441	1861	6	rule	rule	NOUN
ftr-441	1861	7	does	do	AUX
ftr-441	1861	8	not	not	PART
ftr-441	1861	9	do	do	AUX
ftr-441	1861	10	so	so	ADV
ftr-441	1861	11	of	of	ADP
ftr-441	1861	12	course	course	NOUN
ftr-441	1861	13	does	do	AUX
ftr-441	1861	14	not	not	PART
ftr-441	1861	15	justify	justify	VERB
ftr-441	1861	16	it	it	PRON
ftr-441	1861	17	as	as	ADP
ftr-441	1861	18	the	the	DET
ftr-441	1861	19	correct	correct	ADJ
ftr-441	1861	20	rule	rule	NOUN
ftr-441	1861	21	for	for	ADP
ftr-441	1861	22	the	the	DET
ftr-441	1861	23	spbf	spbf	ADJ
ftr-441	1861	24	system	system	NOUN
ftr-441	1861	25	.	.	PUNCT
ftr-441	1862	1	but	but	CCONJ
ftr-441	1862	2	it	it	PRON
ftr-441	1862	3	does	do	AUX
ftr-441	1862	4	suggest	suggest	VERB
ftr-441	1862	5	that	that	SCONJ
ftr-441	1862	6	lock	lock	NOUN
ftr-441	1862	7	-	-	PUNCT
ftr-441	1862	8	in	in	ADP
ftr-441	1862	9	concerns	concern	NOUN
ftr-441	1862	10	may	may	AUX
ftr-441	1862	11	not	not	PART
ftr-441	1862	12	be	be	AUX
ftr-441	1862	13	that	that	ADV
ftr-441	1862	14	significant	significant	ADJ
ftr-441	1862	15	in	in	ADP
ftr-441	1862	16	fashioning	fashion	VERB
ftr-441	1862	17	the	the	DET
ftr-441	1862	18	proper	proper	ADJ
ftr-441	1862	19	rule	rule	NOUN
ftr-441	1862	20	in	in	ADP
ftr-441	1862	21	this	this	DET
ftr-441	1862	22	area	area	NOUN
ftr-441	1862	23	.	.	PUNCT
ftr-441	1863	1	and	and	CCONJ
ftr-441	1863	2	it	it	PRON
ftr-441	1863	3	also	also	ADV
ftr-441	1863	4	offers	offer	VERB
ftr-441	1863	5	no	no	DET
ftr-441	1863	6	compelling	compelling	ADJ
ftr-441	1863	7	justification	justification	NOUN
ftr-441	1863	8	for	for	ADP
ftr-441	1863	9	adoption	adoption	NOUN
ftr-441	1863	10	of	of	ADP
ftr-441	1863	11	the	the	DET
ftr-441	1863	12	partnership	partnership	NOUN
ftr-441	1863	13	distribution	distribution	NOUN
ftr-441	1863	14	rule	rule	NOUN
ftr-441	1863	15	.	.	PUNCT
ftr-441	1864	1	a	a	DET
ftr-441	1864	2	final	final	ADJ
ftr-441	1864	3	observation	observation	NOUN
ftr-441	1864	4	:	:	PUNCT
ftr-441	1864	5	although	although	SCONJ
ftr-441	1864	6	the	the	DET
ftr-441	1864	7	s	s	NOUN
ftr-441	1864	8	distribution	distribution	NOUN
ftr-441	1864	9	rules	rule	NOUN
ftr-441	1864	10	are	be	AUX
ftr-441	1864	11	more	more	ADV
ftr-441	1864	12	restrictive	restrictive	ADJ
ftr-441	1864	13	than	than	ADP
ftr-441	1864	14	the	the	DET
ftr-441	1864	15	partnership	partnership	NOUN
ftr-441	1864	16	rules	rule	NOUN
ftr-441	1864	17	,	,	PUNCT
ftr-441	1864	18	the	the	DET
ftr-441	1864	19	difference	difference	NOUN
ftr-441	1864	20	between	between	ADP
ftr-441	1864	21	the	the	DET
ftr-441	1864	22	two	two	NUM
ftr-441	1864	23	should	should	AUX
ftr-441	1864	24	not	not	PART
ftr-441	1864	25	be	be	AUX
ftr-441	1864	26	overstated	overstate	VERB
ftr-441	1864	27	.	.	PUNCT
ftr-441	1865	1	for	for	ADP
ftr-441	1865	2	pro	pro	ADJ
ftr-441	1865	3	rata	rata	ADJ
ftr-441	1865	4	cash	cash	NOUN
ftr-441	1865	5	distributions	distribution	NOUN
ftr-441	1865	6	,	,	PUNCT
ftr-441	1865	7	the	the	DET
ftr-441	1865	8	rules	rule	NOUN
ftr-441	1865	9	are	be	AUX
ftr-441	1865	10	essentially	essentially	ADV
ftr-441	1865	11	identical.269	identical.269	NOUN
ftr-441	1865	12	moreover	moreover	ADV
ftr-441	1865	13	,	,	PUNCT
ftr-441	1865	14	if	if	SCONJ
ftr-441	1865	15	section	section	NOUN
ftr-441	1865	16	751(b	751(b	PROPN
ftr-441	1865	17	)	)	PUNCT
ftr-441	1865	18	were	be	AUX
ftr-441	1865	19	scrupulously	scrupulously	ADV
ftr-441	1865	20	followed	follow	VERB
ftr-441	1865	21	by	by	ADP
ftr-441	1865	22	taxpayers	taxpayer	NOUN
ftr-441	1865	23	-	-	PUNCT
ftr-441	1865	24	admittedly	admittedly	ADV
ftr-441	1865	25	a	a	DET
ftr-441	1865	26	highly	highly	ADV
ftr-441	1865	27	questionable	questionable	ADJ
ftr-441	1865	28	assumption	assumption	NOUN
ftr-441	1865	29	-	-	PUNCT
ftr-441	1865	30	many	many	ADJ
ftr-441	1865	31	non	non	ADJ
ftr-441	1865	32	-	-	ADJ
ftr-441	1865	33	pro	pro	ADJ
ftr-441	1865	34	rata	rata	ADJ
ftr-441	1865	35	property	property	NOUN
ftr-441	1865	36	or	or	CCONJ
ftr-441	1865	37	cash	cash	NOUN
ftr-441	1865	38	distributions	distribution	NOUN
ftr-441	1865	39	by	by	ADP
ftr-441	1865	40	a	a	DET
ftr-441	1865	41	partnership	partnership	NOUN
ftr-441	1865	42	may	may	AUX
ftr-441	1865	43	well	well	ADV
ftr-441	1865	44	be	be	AUX
ftr-441	1865	45	caught	catch	VERB
ftr-441	1865	46	within	within	ADP
ftr-441	1865	47	its	its	PRON
ftr-441	1865	48	reaches	reach	NOUN
ftr-441	1865	49	,	,	PUNCT
ftr-441	1865	50	thereby	thereby	ADV
ftr-441	1865	51	triggering	trigger	VERB
ftr-441	1865	52	potential	potential	ADJ
ftr-441	1865	53	tax	tax	NOUN
ftr-441	1865	54	consequences	consequence	NOUN
ftr-441	1865	55	to	to	ADP
ftr-441	1865	56	nondistributees	nondistributee	NOUN
ftr-441	1865	57	as	as	ADV
ftr-441	1865	58	well	well	ADV
ftr-441	1865	59	as	as	ADP
ftr-441	1865	60	distributees	distributee	NOUN
ftr-441	1865	61	relating	relate	VERB
ftr-441	1865	62	to	to	ADP
ftr-441	1865	63	gains	gain	NOUN
ftr-441	1865	64	and	and	CCONJ
ftr-441	1865	65	losses	loss	NOUN
ftr-441	1865	66	inherent	inherent	ADJ
ftr-441	1865	67	in	in	ADP
ftr-441	1865	68	undistributed	undistributed	ADJ
ftr-441	1865	69	as	as	ADV
ftr-441	1865	70	well	well	ADV
ftr-441	1865	71	as	as	ADP
ftr-441	1865	72	distributed	distribute	VERB
ftr-441	1865	73	property	property	NOUN
ftr-441	1865	74	.	.	PUNCT
ftr-441	1866	1	in	in	ADP
ftr-441	1866	2	other	other	ADJ
ftr-441	1866	3	words	word	NOUN
ftr-441	1866	4	,	,	PUNCT
ftr-441	1866	5	the	the	DET
ftr-441	1866	6	partnership	partnership	NOUN
ftr-441	1866	7	tax	tax	NOUN
ftr-441	1866	8	consequences	consequence	NOUN
ftr-441	1866	9	might	might	AUX
ftr-441	1866	10	be	be	AUX
ftr-441	1866	11	more	more	ADV
ftr-441	1866	12	onerous	onerous	ADJ
ftr-441	1866	13	than	than	ADP
ftr-441	1866	14	the	the	DET
ftr-441	1866	15	s	s	PART
ftr-441	1866	16	corporation	corporation	NOUN
ftr-441	1866	17	consequences	consequence	NOUN
ftr-441	1866	18	in	in	ADP
ftr-441	1866	19	many	many	ADJ
ftr-441	1866	20	of	of	ADP
ftr-441	1866	21	those	those	DET
ftr-441	1866	22	transactions	transaction	NOUN
ftr-441	1866	23	.	.	PUNCT
ftr-441	1867	1	when	when	SCONJ
ftr-441	1867	2	one	one	NUM
ftr-441	1867	3	further	far	ADV
ftr-441	1867	4	adds	add	VERB
ftr-441	1867	5	the	the	DET
ftr-441	1867	6	recent	recent	ADJ
ftr-441	1867	7	bells	bell	NOUN
ftr-441	1867	8	and	and	CCONJ
ftr-441	1867	9	whistles	whistle	NOUN
ftr-441	1867	10	of	of	ADP
ftr-441	1867	11	provisions	provision	NOUN
ftr-441	1867	12	such	such	ADJ
ftr-441	1867	13	as	as	ADP
ftr-441	1867	14	sections	section	NOUN
ftr-441	1867	15	731(c	731(c	PROPN
ftr-441	1867	16	)	)	PUNCT
ftr-441	1867	17	,	,	PUNCT
ftr-441	1867	18	704(c)(1)(b	704(c)(1)(b	PROPN
ftr-441	1867	19	)	)	PUNCT
ftr-441	1867	20	and	and	CCONJ
ftr-441	1867	21	737	737	NUM
ftr-441	1867	22	,	,	PUNCT
ftr-441	1867	23	it	it	PRON
ftr-441	1867	24	is	be	AUX
ftr-441	1867	25	evident	evident	ADJ
ftr-441	1867	26	that	that	SCONJ
ftr-441	1867	27	many	many	ADJ
ftr-441	1867	28	partnership	partnership	NOUN
ftr-441	1867	29	distributions	distribution	NOUN
ftr-441	1867	30	are	be	AUX
ftr-441	1867	31	not	not	PART
ftr-441	1867	32	nonrecognition	nonrecognition	NOUN
ftr-441	1867	33	events	event	NOUN
ftr-441	1867	34	.	.	PUNCT
ftr-441	1868	1	this	this	DET
ftr-441	1868	2	observation	observation	NOUN
ftr-441	1868	3	bolsters	bolster	VERB
ftr-441	1868	4	the	the	DET
ftr-441	1868	5	notion	notion	NOUN
ftr-441	1868	6	that	that	SCONJ
ftr-441	1868	7	the	the	DET
ftr-441	1868	8	choice	choice	NOUN
ftr-441	1868	9	between	between	ADP
ftr-441	1868	10	the	the	DET
ftr-441	1868	11	two	two	NUM
ftr-441	1868	12	sets	set	NOUN
ftr-441	1868	13	of	of	ADP
ftr-441	1868	14	rules	rule	NOUN
ftr-441	1868	15	should	should	AUX
ftr-441	1868	16	not	not	PART
ftr-441	1868	17	make	make	VERB
ftr-441	1868	18	a	a	DET
ftr-441	1868	19	significant	significant	ADJ
ftr-441	1868	20	difference	difference	NOUN
ftr-441	1868	21	from	from	ADP
ftr-441	1868	22	the	the	DET
ftr-441	1868	23	standpoint	standpoint	NOUN
ftr-441	1868	24	of	of	ADP
ftr-441	1868	25	preventing	prevent	VERB
ftr-441	1868	26	lock	lock	NOUN
ftr-441	1868	27	-	-	PUNCT
ftr-441	1868	28	in	in	NOUN
ftr-441	1868	29	.	.	PUNCT
ftr-441	1869	1	e.	e.	PROPN
ftr-441	1869	2	summary	summary	PROPN
ftr-441	1869	3	and	and	CCONJ
ftr-441	1869	4	proposals.-income	proposals.-income	PROPN
ftr-441	1869	5	recognition	recognition	NOUN
ftr-441	1869	6	rules	rule	VERB
ftr-441	1869	7	for	for	ADP
ftr-441	1869	8	contributions	contribution	NOUN
ftr-441	1869	9	and	and	CCONJ
ftr-441	1869	10	distributions	distribution	NOUN
ftr-441	1869	11	are	be	AUX
ftr-441	1869	12	strongly	strongly	ADV
ftr-441	1869	13	supported	support	VERB
ftr-441	1869	14	by	by	ADP
ftr-441	1869	15	simplification	simplification	NOUN
ftr-441	1869	16	268	268	NUM
ftr-441	1869	17	.	.	PUNCT
ftr-441	1870	1	"	"	PUNCT
ftr-441	1870	2	liquidating	liquidate	VERB
ftr-441	1870	3	"	"	PUNCT
ftr-441	1870	4	distributions	distribution	NOUN
ftr-441	1870	5	refer	refer	VERB
ftr-441	1870	6	to	to	ADP
ftr-441	1870	7	distributions	distribution	NOUN
ftr-441	1870	8	which	which	PRON
ftr-441	1870	9	completely	completely	ADV
ftr-441	1870	10	liquidate	liquidate	VERB
ftr-441	1870	11	the	the	DET
ftr-441	1870	12	distributee	distributee	NOUN
ftr-441	1870	13	's	's	PART
ftr-441	1870	14	interest	interest	NOUN
ftr-441	1870	15	in	in	ADP
ftr-441	1870	16	the	the	DET
ftr-441	1870	17	firm	firm	NOUN
ftr-441	1870	18	,	,	PUNCT
ftr-441	1870	19	whether	whether	SCONJ
ftr-441	1870	20	or	or	CCONJ
ftr-441	1870	21	not	not	PART
ftr-441	1870	22	the	the	DET
ftr-441	1870	23	firm	firm	NOUN
ftr-441	1870	24	itself	itself	PRON
ftr-441	1870	25	liquidates	liquidate	VERB
ftr-441	1870	26	in	in	ADP
ftr-441	1870	27	the	the	DET
ftr-441	1870	28	process	process	NOUN
ftr-441	1870	29	.	.	PUNCT
ftr-441	1871	1	269	269	NUM
ftr-441	1871	2	.	.	PUNCT
ftr-441	1871	3	see	see	VERB
ftr-441	1871	4	irc	irc	PROPN
ftr-441	1871	5	§	§	PROPN
ftr-441	1871	6	§	§	PROPN
ftr-441	1871	7	731(a)(1	731(a)(1	NOUN
ftr-441	1871	8	)	)	PUNCT
ftr-441	1871	9	,	,	PUNCT
ftr-441	1871	10	1368(b	1368(b	NUM
ftr-441	1871	11	)	)	PUNCT
ftr-441	1871	12	.	.	PUNCT
ftr-441	1872	1	[	[	X
ftr-441	1872	2	vol	vol	NOUN
ftr-441	1872	3	4:3	4:3	NUM
ftr-441	1872	4	the	the	DET
ftr-441	1872	5	future	future	ADJ
ftr-441	1872	6	taxation	taxation	NOUN
ftr-441	1872	7	of	of	ADP
ftr-441	1872	8	private	private	ADJ
ftr-441	1872	9	business	business	NOUN
ftr-441	1872	10	firms	firm	NOUN
ftr-441	1872	11	objectives	objective	VERB
ftr-441	1872	12	,	,	PUNCT
ftr-441	1872	13	a	a	DET
ftr-441	1872	14	principal	principal	ADJ
ftr-441	1872	15	concern	concern	NOUN
ftr-441	1872	16	of	of	ADP
ftr-441	1872	17	the	the	DET
ftr-441	1872	18	spbf	spbf	ADJ
ftr-441	1872	19	system	system	NOUN
ftr-441	1872	20	.	.	PUNCT
ftr-441	1873	1	furthermore	furthermore	ADV
ftr-441	1873	2	,	,	PUNCT
ftr-441	1873	3	such	such	ADJ
ftr-441	1873	4	rules	rule	NOUN
ftr-441	1873	5	are	be	AUX
ftr-441	1873	6	less	less	ADV
ftr-441	1873	7	vulnerable	vulnerable	ADJ
ftr-441	1873	8	to	to	ADP
ftr-441	1873	9	taxpayer	taxpayer	NOUN
ftr-441	1873	10	manipulation	manipulation	NOUN
ftr-441	1873	11	than	than	ADP
ftr-441	1873	12	nonrecognition	nonrecognition	NOUN
ftr-441	1873	13	rules	rule	NOUN
ftr-441	1873	14	such	such	ADJ
ftr-441	1873	15	as	as	ADP
ftr-441	1873	16	the	the	DET
ftr-441	1873	17	partnership	partnership	NOUN
ftr-441	1873	18	rules	rule	NOUN
ftr-441	1873	19	.	.	PUNCT
ftr-441	1874	1	in	in	ADP
ftr-441	1874	2	contrast	contrast	NOUN
ftr-441	1874	3	,	,	PUNCT
ftr-441	1874	4	widespread	widespread	ADJ
ftr-441	1874	5	nonrecognition	nonrecognition	NOUN
ftr-441	1874	6	rules	rule	NOUN
ftr-441	1874	7	are	be	AUX
ftr-441	1874	8	not	not	PART
ftr-441	1874	9	supported	support	VERB
ftr-441	1874	10	by	by	ADP
ftr-441	1874	11	either	either	CCONJ
ftr-441	1874	12	aggregate	aggregate	ADJ
ftr-441	1874	13	or	or	CCONJ
ftr-441	1874	14	entity	entity	NOUN
ftr-441	1874	15	principles	principle	NOUN
ftr-441	1874	16	and	and	CCONJ
ftr-441	1874	17	entail	entail	VERB
ftr-441	1874	18	the	the	DET
ftr-441	1874	19	highest	high	ADJ
ftr-441	1874	20	transaction	transaction	NOUN
ftr-441	1874	21	costs	cost	NOUN
ftr-441	1874	22	.	.	PUNCT
ftr-441	1875	1	tax	tax	NOUN
ftr-441	1875	2	policy	policy	NOUN
ftr-441	1875	3	considerations	consideration	NOUN
ftr-441	1875	4	also	also	ADV
ftr-441	1875	5	do	do	AUX
ftr-441	1875	6	not	not	PART
ftr-441	1875	7	dictate	dictate	VERB
ftr-441	1875	8	strongly	strongly	ADV
ftr-441	1875	9	in	in	ADP
ftr-441	1875	10	their	their	PRON
ftr-441	1875	11	favor	favor	NOUN
ftr-441	1875	12	.	.	PUNCT
ftr-441	1876	1	therefore	therefore	ADV
ftr-441	1876	2	,	,	PUNCT
ftr-441	1876	3	the	the	DET
ftr-441	1876	4	spbf	spbf	ADJ
ftr-441	1876	5	system	system	NOUN
ftr-441	1876	6	should	should	AUX
ftr-441	1876	7	adopt	adopt	VERB
ftr-441	1876	8	the	the	DET
ftr-441	1876	9	following	follow	VERB
ftr-441	1876	10	contribution	contribution	NOUN
ftr-441	1876	11	and	and	CCONJ
ftr-441	1876	12	distribution	distribution	NOUN
ftr-441	1876	13	rules	rule	NOUN
ftr-441	1876	14	:	:	PUNCT
ftr-441	1876	15	i.	i.	PROPN
ftr-441	1876	16	contributions.--contributions	contributions.--contributions	PROPN
ftr-441	1876	17	to	to	ADP
ftr-441	1876	18	an	an	DET
ftr-441	1876	19	spbf	spbf	NOUN
ftr-441	1876	20	should	should	AUX
ftr-441	1876	21	follow	follow	VERB
ftr-441	1876	22	the	the	DET
ftr-441	1876	23	s	s	PROPN
ftr-441	1876	24	corporation	corporation	NOUN
ftr-441	1876	25	rules	rule	VERB
ftr-441	1876	26	with	with	ADP
ftr-441	1876	27	two	two	NUM
ftr-441	1876	28	modifications	modification	NOUN
ftr-441	1876	29	.	.	PUNCT
ftr-441	1877	1	first	first	ADV
ftr-441	1877	2	,	,	PUNCT
ftr-441	1877	3	the	the	DET
ftr-441	1877	4	80	80	NUM
ftr-441	1877	5	%	%	NOUN
ftr-441	1877	6	control	control	NOUN
ftr-441	1877	7	standard	standard	NOUN
ftr-441	1877	8	should	should	AUX
ftr-441	1877	9	be	be	AUX
ftr-441	1877	10	significantly	significantly	ADV
ftr-441	1877	11	reduced	reduce	VERB
ftr-441	1877	12	.	.	PUNCT
ftr-441	1878	1	whatever	whatever	PRON
ftr-441	1878	2	its	its	PRON
ftr-441	1878	3	historical	historical	ADJ
ftr-441	1878	4	explanation	explanation	NOUN
ftr-441	1878	5	,	,	PUNCT
ftr-441	1878	6	the	the	DET
ftr-441	1878	7	standard	standard	NOUN
ftr-441	1878	8	is	be	AUX
ftr-441	1878	9	too	too	ADV
ftr-441	1878	10	high	high	ADJ
ftr-441	1878	11	if	if	SCONJ
ftr-441	1878	12	the	the	DET
ftr-441	1878	13	purpose	purpose	NOUN
ftr-441	1878	14	of	of	ADP
ftr-441	1878	15	the	the	DET
ftr-441	1878	16	rule	rule	NOUN
ftr-441	1878	17	is	be	AUX
ftr-441	1878	18	to	to	PART
ftr-441	1878	19	distinguish	distinguish	VERB
ftr-441	1878	20	between	between	ADP
ftr-441	1878	21	real	real	ADJ
ftr-441	1878	22	economic	economic	ADJ
ftr-441	1878	23	exchanges	exchange	NOUN
ftr-441	1878	24	and	and	CCONJ
ftr-441	1878	25	mere	mere	ADJ
ftr-441	1878	26	changes	change	NOUN
ftr-441	1878	27	in	in	ADP
ftr-441	1878	28	form	form	NOUN
ftr-441	1878	29	of	of	ADP
ftr-441	1878	30	ownership	ownership	NOUN
ftr-441	1878	31	of	of	ADP
ftr-441	1878	32	the	the	DET
ftr-441	1878	33	property	property	NOUN
ftr-441	1878	34	contributed	contribute	VERB
ftr-441	1878	35	.	.	PUNCT
ftr-441	1879	1	lowering	lower	VERB
ftr-441	1879	2	the	the	DET
ftr-441	1879	3	80	80	NUM
ftr-441	1879	4	%	%	NOUN
ftr-441	1879	5	standard	standard	NOUN
ftr-441	1879	6	will	will	AUX
ftr-441	1879	7	also	also	ADV
ftr-441	1879	8	help	help	VERB
ftr-441	1879	9	to	to	PART
ftr-441	1879	10	mitigate	mitigate	VERB
ftr-441	1879	11	concerns	concern	NOUN
ftr-441	1879	12	about	about	ADP
ftr-441	1879	13	valuation	valuation	NOUN
ftr-441	1879	14	difficulties	difficulty	NOUN
ftr-441	1879	15	and	and	CCONJ
ftr-441	1879	16	lock	lock	NOUN
ftr-441	1879	17	-	-	PUNCT
ftr-441	1879	18	in	in	NOUN
ftr-441	1879	19	.	.	PUNCT
ftr-441	1880	1	at	at	ADP
ftr-441	1880	2	the	the	DET
ftr-441	1880	3	same	same	ADJ
ftr-441	1880	4	time	time	NOUN
ftr-441	1880	5	,	,	PUNCT
ftr-441	1880	6	the	the	DET
ftr-441	1880	7	"	"	PUNCT
ftr-441	1880	8	control	control	NOUN
ftr-441	1880	9	group	group	NOUN
ftr-441	1880	10	"	"	PUNCT
ftr-441	1880	11	rule	rule	NOUN
ftr-441	1880	12	in	in	ADP
ftr-441	1880	13	section	section	NOUN
ftr-441	1880	14	351	351	NUM
ftr-441	1880	15	should	should	AUX
ftr-441	1880	16	not	not	PART
ftr-441	1880	17	be	be	AUX
ftr-441	1880	18	adopted	adopt	VERB
ftr-441	1880	19	for	for	ADP
ftr-441	1880	20	the	the	DET
ftr-441	1880	21	spbf	spbf	ADJ
ftr-441	1880	22	system	system	NOUN
ftr-441	1880	23	.	.	PUNCT
ftr-441	1881	1	as	as	SCONJ
ftr-441	1881	2	previously	previously	ADV
ftr-441	1881	3	discussed	discuss	VERB
ftr-441	1881	4	,	,	PUNCT
ftr-441	1881	5	the	the	DET
ftr-441	1881	6	control	control	PROPN
ftr-441	1881	7	group	group	NOUN
ftr-441	1881	8	rule	rule	NOUN
ftr-441	1881	9	permits	permit	VERB
ftr-441	1881	10	transferors	transferor	NOUN
ftr-441	1881	11	who	who	PRON
ftr-441	1881	12	clearly	clearly	ADV
ftr-441	1881	13	are	be	AUX
ftr-441	1881	14	achieving	achieve	VERB
ftr-441	1881	15	a	a	DET
ftr-441	1881	16	substantial	substantial	ADJ
ftr-441	1881	17	change	change	NOUN
ftr-441	1881	18	in	in	ADP
ftr-441	1881	19	their	their	PRON
ftr-441	1881	20	property	property	NOUN
ftr-441	1881	21	interests	interest	NOUN
ftr-441	1881	22	in	in	ADP
ftr-441	1881	23	joining	join	VERB
ftr-441	1881	24	a	a	DET
ftr-441	1881	25	firm	firm	NOUN
ftr-441	1881	26	to	to	PART
ftr-441	1881	27	obtain	obtain	VERB
ftr-441	1881	28	a	a	DET
ftr-441	1881	29	nonrecognition	nonrecognition	NOUN
ftr-441	1881	30	result	result	NOUN
ftr-441	1881	31	,	,	PUNCT
ftr-441	1881	32	so	so	ADV
ftr-441	1881	33	long	long	ADV
ftr-441	1881	34	as	as	SCONJ
ftr-441	1881	35	they	they	PRON
ftr-441	1881	36	join	join	VERB
ftr-441	1881	37	together	together	ADV
ftr-441	1881	38	with	with	ADP
ftr-441	1881	39	others	other	NOUN
ftr-441	1881	40	who	who	PRON
ftr-441	1881	41	have	have	VERB
ftr-441	1881	42	a	a	DET
ftr-441	1881	43	controlling	control	VERB
ftr-441	1881	44	interest	interest	NOUN
ftr-441	1881	45	in	in	ADP
ftr-441	1881	46	the	the	DET
ftr-441	1881	47	firm	firm	NOUN
ftr-441	1881	48	.	.	PUNCT
ftr-441	1882	1	this	this	DET
ftr-441	1882	2	result	result	NOUN
ftr-441	1882	3	is	be	AUX
ftr-441	1882	4	not	not	PART
ftr-441	1882	5	justified	justify	VERB
ftr-441	1882	6	by	by	ADP
ftr-441	1882	7	either	either	PRON
ftr-441	1882	8	entity	entity	NOUN
ftr-441	1882	9	or	or	CCONJ
ftr-441	1882	10	aggregate	aggregate	ADJ
ftr-441	1882	11	principles	principle	NOUN
ftr-441	1882	12	.	.	PUNCT
ftr-441	1883	1	not	not	PART
ftr-441	1883	2	including	include	VERB
ftr-441	1883	3	the	the	DET
ftr-441	1883	4	control	control	NOUN
ftr-441	1883	5	group	group	NOUN
ftr-441	1883	6	rule	rule	NOUN
ftr-441	1883	7	also	also	ADV
ftr-441	1883	8	eliminates	eliminate	VERB
ftr-441	1883	9	the	the	DET
ftr-441	1883	10	need	need	NOUN
ftr-441	1883	11	to	to	PART
ftr-441	1883	12	define	define	VERB
ftr-441	1883	13	what	what	PRON
ftr-441	1883	14	the	the	DET
ftr-441	1883	15	group	group	NOUN
ftr-441	1883	16	is	be	AUX
ftr-441	1883	17	and	and	CCONJ
ftr-441	1883	18	avoids	avoid	VERB
ftr-441	1883	19	the	the	DET
ftr-441	1883	20	potential	potential	ADJ
ftr-441	1883	21	surprise	surprise	NOUN
ftr-441	1883	22	to	to	ADP
ftr-441	1883	23	members	member	NOUN
ftr-441	1883	24	of	of	ADP
ftr-441	1883	25	the	the	DET
ftr-441	1883	26	group	group	NOUN
ftr-441	1883	27	when	when	SCONJ
ftr-441	1883	28	one	one	NUM
ftr-441	1883	29	of	of	ADP
ftr-441	1883	30	them	they	PRON
ftr-441	1883	31	is	be	AUX
ftr-441	1883	32	subsequently	subsequently	ADV
ftr-441	1883	33	disqualified	disqualify	VERB
ftr-441	1883	34	.	.	PUNCT
ftr-441	1883	35	"	"	PUNCT
ftr-441	1884	1	dropping	drop	VERB
ftr-441	1884	2	the	the	DET
ftr-441	1884	3	control	control	NOUN
ftr-441	1884	4	group	group	NOUN
ftr-441	1884	5	rule	rule	NOUN
ftr-441	1884	6	may	may	AUX
ftr-441	1884	7	also	also	ADV
ftr-441	1884	8	be	be	AUX
ftr-441	1884	9	a	a	DET
ftr-441	1884	10	necessary	necessary	ADJ
ftr-441	1884	11	step	step	NOUN
ftr-441	1884	12	,	,	PUNCT
ftr-441	1884	13	as	as	ADP
ftr-441	1884	14	a	a	DET
ftr-441	1884	15	practical	practical	ADJ
ftr-441	1884	16	matter	matter	NOUN
ftr-441	1884	17	,	,	PUNCT
ftr-441	1884	18	if	if	SCONJ
ftr-441	1884	19	one	one	PRON
ftr-441	1884	20	is	be	AUX
ftr-441	1884	21	serious	serious	ADJ
ftr-441	1884	22	about	about	ADP
ftr-441	1884	23	requiring	require	VERB
ftr-441	1884	24	the	the	DET
ftr-441	1884	25	recognition	recognition	NOUN
ftr-441	1884	26	of	of	ADP
ftr-441	1884	27	gains	gain	NOUN
ftr-441	1884	28	and	and	CCONJ
ftr-441	1884	29	losses	loss	NOUN
ftr-441	1884	30	on	on	ADP
ftr-441	1884	31	contributions	contribution	NOUN
ftr-441	1884	32	to	to	ADP
ftr-441	1884	33	an	an	DET
ftr-441	1884	34	spbf	spbf	NOUN
ftr-441	1884	35	constituting	constitute	VERB
ftr-441	1884	36	a	a	DET
ftr-441	1884	37	real	real	ADJ
ftr-441	1884	38	economic	economic	ADJ
ftr-441	1884	39	change	change	NOUN
ftr-441	1884	40	.	.	PUNCT
ftr-441	1885	1	consider	consider	VERB
ftr-441	1885	2	a	a	DET
ftr-441	1885	3	minority	minority	NOUN
ftr-441	1885	4	owner	owner	NOUN
ftr-441	1885	5	whose	whose	DET
ftr-441	1885	6	contribution	contribution	NOUN
ftr-441	1885	7	of	of	ADP
ftr-441	1885	8	property	property	NOUN
ftr-441	1885	9	to	to	ADP
ftr-441	1885	10	an	an	DET
ftr-441	1885	11	spbf	spbf	NOUN
ftr-441	1885	12	would	would	AUX
ftr-441	1885	13	ordinarily	ordinarily	ADV
ftr-441	1885	14	be	be	AUX
ftr-441	1885	15	taxable	taxable	ADJ
ftr-441	1885	16	due	due	ADP
ftr-441	1885	17	to	to	ADP
ftr-441	1885	18	an	an	DET
ftr-441	1885	19	insufficient	insufficient	ADJ
ftr-441	1885	20	ownership	ownership	NOUN
ftr-441	1885	21	interest	interest	NOUN
ftr-441	1885	22	in	in	ADP
ftr-441	1885	23	the	the	DET
ftr-441	1885	24	firm	firm	NOUN
ftr-441	1885	25	.	.	PUNCT
ftr-441	1886	1	if	if	SCONJ
ftr-441	1886	2	there	there	PRON
ftr-441	1886	3	were	be	VERB
ftr-441	1886	4	a	a	DET
ftr-441	1886	5	control	control	NOUN
ftr-441	1886	6	group	group	NOUN
ftr-441	1886	7	rule	rule	NOUN
ftr-441	1886	8	,	,	PUNCT
ftr-441	1886	9	that	that	DET
ftr-441	1886	10	taxable	taxable	ADJ
ftr-441	1886	11	result	result	NOUN
ftr-441	1886	12	could	could	AUX
ftr-441	1886	13	easily	easily	ADV
ftr-441	1886	14	be	be	AUX
ftr-441	1886	15	avoided	avoid	VERB
ftr-441	1886	16	by	by	ADP
ftr-441	1886	17	having	have	VERB
ftr-441	1886	18	the	the	DET
ftr-441	1886	19	other	other	ADJ
ftr-441	1886	20	owners	owner	NOUN
ftr-441	1886	21	accommodate	accommodate	VERB
ftr-441	1886	22	the	the	DET
ftr-441	1886	23	minority	minority	NOUN
ftr-441	1886	24	owner	owner	NOUN
ftr-441	1886	25	and	and	CCONJ
ftr-441	1886	26	make	make	VERB
ftr-441	1886	27	contemporaneous	contemporaneous	ADJ
ftr-441	1886	28	contributions	contribution	NOUN
ftr-441	1886	29	of	of	ADP
ftr-441	1886	30	cash	cash	NOUN
ftr-441	1886	31	to	to	ADP
ftr-441	1886	32	the	the	DET
ftr-441	1886	33	firm	firm	NOUN
ftr-441	1886	34	.	.	PUNCT
ftr-441	1887	1	under	under	ADP
ftr-441	1887	2	the	the	DET
ftr-441	1887	3	proposed	propose	VERB
ftr-441	1887	4	rule	rule	NOUN
ftr-441	1887	5	for	for	ADP
ftr-441	1887	6	spbf	spbf	ADJ
ftr-441	1887	7	distributions	distribution	NOUN
ftr-441	1887	8	(	(	PUNCT
ftr-441	1887	9	described	describe	VERB
ftr-441	1887	10	next	next	ADV
ftr-441	1887	11	)	)	PUNCT
ftr-441	1887	12	as	as	ADV
ftr-441	1887	13	well	well	ADV
ftr-441	1887	14	as	as	ADP
ftr-441	1887	15	the	the	DET
ftr-441	1887	16	current	current	ADJ
ftr-441	1887	17	law	law	NOUN
ftr-441	1887	18	applicable	applicable	ADJ
ftr-441	1887	19	to	to	ADP
ftr-441	1887	20	partnerships	partnership	NOUN
ftr-441	1887	21	and	and	CCONJ
ftr-441	1887	22	s	s	NOUN
ftr-441	1887	23	corporations	corporation	NOUN
ftr-441	1887	24	,	,	PUNCT
ftr-441	1887	25	pro	pro	ADJ
ftr-441	1887	26	rata	rata	ADJ
ftr-441	1887	27	cash	cash	NOUN
ftr-441	1887	28	distributions	distribution	NOUN
ftr-441	1887	29	from	from	ADP
ftr-441	1887	30	an	an	DET
ftr-441	1887	31	spbf	spbf	NOUN
ftr-441	1887	32	are	be	AUX
ftr-441	1887	33	tax	tax	NOUN
ftr-441	1887	34	-	-	PUNCT
ftr-441	1887	35	free	free	ADJ
ftr-441	1887	36	to	to	ADP
ftr-441	1887	37	the	the	DET
ftr-441	1887	38	extent	extent	NOUN
ftr-441	1887	39	of	of	ADP
ftr-441	1887	40	the	the	DET
ftr-441	1887	41	distributee	distributee	NOUN
ftr-441	1887	42	's	's	PART
ftr-441	1887	43	outside	outside	ADJ
ftr-441	1887	44	basis	basis	NOUN
ftr-441	1887	45	.	.	PUNCT
ftr-441	1888	1	thus	thus	ADV
ftr-441	1888	2	,	,	PUNCT
ftr-441	1888	3	existing	exist	VERB
ftr-441	1888	4	owners	owner	NOUN
ftr-441	1888	5	with	with	ADP
ftr-441	1888	6	enough	enough	ADJ
ftr-441	1888	7	outside	outside	ADJ
ftr-441	1888	8	basis	basis	NOUN
ftr-441	1888	9	might	might	AUX
ftr-441	1888	10	simply	simply	ADV
ftr-441	1888	11	receive	receive	VERB
ftr-441	1888	12	tax	tax	NOUN
ftr-441	1888	13	-	-	PUNCT
ftr-441	1888	14	free	free	ADJ
ftr-441	1888	15	cash	cash	NOUN
ftr-441	1888	16	distributions	distribution	NOUN
ftr-441	1888	17	and	and	CCONJ
ftr-441	1888	18	then	then	ADV
ftr-441	1888	19	recontribute	recontribute	VERB
ftr-441	1888	20	the	the	DET
ftr-441	1888	21	proceeds	proceed	NOUN
ftr-441	1888	22	to	to	PART
ftr-441	1888	23	accommodate	accommodate	VERB
ftr-441	1888	24	the	the	DET
ftr-441	1888	25	minority	minority	NOUN
ftr-441	1888	26	owner	owner	NOUN
ftr-441	1888	27	.	.	PUNCT
ftr-441	1889	1	this	this	DET
ftr-441	1889	2	270	270	NUM
ftr-441	1889	3	.	.	PUNCT
ftr-441	1890	1	cf	cf	NOUN
ftr-441	1890	2	.	.	PUNCT
ftr-441	1891	1	james	james	PROPN
ftr-441	1891	2	v.	v.	PROPN
ftr-441	1891	3	commissioner	commissioner	PROPN
ftr-441	1891	4	,	,	PUNCT
ftr-441	1891	5	53	53	NUM
ftr-441	1891	6	t.c	t.c	PROPN
ftr-441	1891	7	.	.	PROPN
ftr-441	1891	8	63	63	NUM
ftr-441	1891	9	(	(	PUNCT
ftr-441	1891	10	1969	1969	NUM
ftr-441	1891	11	)	)	PUNCT
ftr-441	1891	12	(	(	PUNCT
ftr-441	1891	13	disqualification	disqualification	NOUN
ftr-441	1891	14	of	of	ADP
ftr-441	1891	15	one	one	NUM
ftr-441	1891	16	transferor	transferor	NOUN
ftr-441	1891	17	caused	cause	VERB
ftr-441	1891	18	other	other	ADJ
ftr-441	1891	19	transferors	transferor	NOUN
ftr-441	1891	20	to	to	PART
ftr-441	1891	21	be	be	AUX
ftr-441	1891	22	taxed	tax	VERB
ftr-441	1891	23	)	)	PUNCT
ftr-441	1891	24	.	.	PUNCT
ftr-441	1892	1	1999	1999	NUM
ftr-441	1892	2	]	]	PUNCT
ftr-441	1892	3	florida	florida	PROPN
ftr-441	1892	4	tax	tax	PROPN
ftr-441	1892	5	review	review	NOUN
ftr-441	1892	6	maneuver	maneuver	NOUN
ftr-441	1892	7	seems	seem	VERB
ftr-441	1892	8	to	to	PART
ftr-441	1892	9	be	be	AUX
ftr-441	1892	10	possible	possible	ADJ
ftr-441	1892	11	under	under	ADP
ftr-441	1892	12	existing	exist	VERB
ftr-441	1892	13	subchapter	subchapter	NOUN
ftr-441	1892	14	s	s	NOUN
ftr-441	1892	15	and	and	CCONJ
ftr-441	1892	16	would	would	AUX
ftr-441	1892	17	also	also	ADV
ftr-441	1892	18	exist	exist	VERB
ftr-441	1892	19	in	in	ADP
ftr-441	1892	20	the	the	DET
ftr-441	1892	21	spbf	spbf	ADJ
ftr-441	1892	22	system	system	NOUN
ftr-441	1892	23	if	if	SCONJ
ftr-441	1892	24	the	the	DET
ftr-441	1892	25	control	control	PROPN
ftr-441	1892	26	group	group	NOUN
ftr-441	1892	27	rule	rule	NOUN
ftr-441	1892	28	were	be	AUX
ftr-441	1892	29	retained.27	retained.27	PROPN
ftr-441	1892	30	'	'	PART
ftr-441	1892	31	ii	ii	NOUN
ftr-441	1892	32	.	.	PUNCT
ftr-441	1893	1	no	no	DET
ftr-441	1893	2	section	section	NOUN
ftr-441	1893	3	704(c)(1)(a	704(c)(1)(a	NOUN
ftr-441	1893	4	)	)	PUNCT
ftr-441	1893	5	rule.-for	rule.-for	VERB
ftr-441	1893	6	several	several	ADJ
ftr-441	1893	7	reasons	reason	NOUN
ftr-441	1893	8	,	,	PUNCT
ftr-441	1893	9	no	no	DET
ftr-441	1893	10	section	section	NOUN
ftr-441	1893	11	704(c)(1)(a	704(c)(1)(a	NOUN
ftr-441	1893	12	)	)	PUNCT
ftr-441	1893	13	rule	rule	NOUN
ftr-441	1893	14	is	be	AUX
ftr-441	1893	15	proposed	propose	VERB
ftr-441	1893	16	for	for	ADP
ftr-441	1893	17	the	the	DET
ftr-441	1893	18	spbf	spbf	ADJ
ftr-441	1893	19	system	system	NOUN
ftr-441	1893	20	.	.	PUNCT
ftr-441	1894	1	first	first	ADV
ftr-441	1894	2	,	,	PUNCT
ftr-441	1894	3	the	the	DET
ftr-441	1894	4	rule	rule	NOUN
ftr-441	1894	5	is	be	AUX
ftr-441	1894	6	needed	need	VERB
ftr-441	1894	7	only	only	ADV
ftr-441	1894	8	where	where	SCONJ
ftr-441	1894	9	a	a	DET
ftr-441	1894	10	property	property	NOUN
ftr-441	1894	11	contribution	contribution	NOUN
ftr-441	1894	12	to	to	ADP
ftr-441	1894	13	a	a	DET
ftr-441	1894	14	firm	firm	NOUN
ftr-441	1894	15	is	be	AUX
ftr-441	1894	16	a	a	DET
ftr-441	1894	17	nonrecognition	nonrecognition	NOUN
ftr-441	1894	18	event	event	NOUN
ftr-441	1894	19	,	,	PUNCT
ftr-441	1894	20	something	something	PRON
ftr-441	1894	21	that	that	PRON
ftr-441	1894	22	will	will	AUX
ftr-441	1894	23	occur	occur	VERB
ftr-441	1894	24	less	less	ADV
ftr-441	1894	25	frequently	frequently	ADV
ftr-441	1894	26	in	in	ADP
ftr-441	1894	27	the	the	DET
ftr-441	1894	28	spbf	spbf	ADJ
ftr-441	1894	29	system	system	NOUN
ftr-441	1894	30	than	than	ADP
ftr-441	1894	31	under	under	ADP
ftr-441	1894	32	current	current	ADJ
ftr-441	1894	33	partnership	partnership	NOUN
ftr-441	1894	34	tax	tax	NOUN
ftr-441	1894	35	law	law	NOUN
ftr-441	1894	36	.	.	PUNCT
ftr-441	1895	1	second	second	ADJ
ftr-441	1895	2	,	,	PUNCT
ftr-441	1895	3	from	from	ADP
ftr-441	1895	4	the	the	DET
ftr-441	1895	5	treasury	treasury	NOUN
ftr-441	1895	6	's	's	PART
ftr-441	1895	7	perspective	perspective	NOUN
ftr-441	1895	8	,	,	PUNCT
ftr-441	1895	9	the	the	DET
ftr-441	1895	10	principal	principal	ADJ
ftr-441	1895	11	purpose	purpose	NOUN
ftr-441	1895	12	of	of	ADP
ftr-441	1895	13	the	the	DET
ftr-441	1895	14	rule	rule	NOUN
ftr-441	1895	15	is	be	AUX
ftr-441	1895	16	to	to	PART
ftr-441	1895	17	prevent	prevent	VERB
ftr-441	1895	18	the	the	DET
ftr-441	1895	19	temporary	temporary	ADJ
ftr-441	1895	20	misallocation	misallocation	NOUN
ftr-441	1895	21	of	of	ADP
ftr-441	1895	22	tax	tax	NOUN
ftr-441	1895	23	liabilities	liability	NOUN
ftr-441	1895	24	among	among	ADP
ftr-441	1895	25	the	the	DET
ftr-441	1895	26	owners	owner	NOUN
ftr-441	1895	27	.	.	PUNCT
ftr-441	1896	1	eventually	eventually	ADV
ftr-441	1896	2	,	,	PUNCT
ftr-441	1896	3	the	the	DET
ftr-441	1896	4	proper	proper	ADJ
ftr-441	1896	5	amounts	amount	NOUN
ftr-441	1896	6	of	of	ADP
ftr-441	1896	7	gain	gain	NOUN
ftr-441	1896	8	or	or	CCONJ
ftr-441	1896	9	loss	loss	NOUN
ftr-441	1896	10	will	will	AUX
ftr-441	1896	11	be	be	AUX
ftr-441	1896	12	allocated	allocate	VERB
ftr-441	1896	13	to	to	ADP
ftr-441	1896	14	the	the	DET
ftr-441	1896	15	proper	proper	ADJ
ftr-441	1896	16	parties	party	NOUN
ftr-441	1896	17	.	.	PUNCT
ftr-441	1897	1	but	but	CCONJ
ftr-441	1897	2	the	the	DET
ftr-441	1897	3	spbf	spbf	PROPN
ftr-441	1897	4	ownership	ownership	NOUN
ftr-441	1897	5	restrictions	restriction	NOUN
ftr-441	1897	6	are	be	AUX
ftr-441	1897	7	designed	design	VERB
ftr-441	1897	8	to	to	PART
ftr-441	1897	9	limit	limit	VERB
ftr-441	1897	10	the	the	DET
ftr-441	1897	11	advantage	advantage	NOUN
ftr-441	1897	12	of	of	ADP
ftr-441	1897	13	temporary	temporary	ADJ
ftr-441	1897	14	shifts	shift	NOUN
ftr-441	1897	15	of	of	ADP
ftr-441	1897	16	that	that	DET
ftr-441	1897	17	nature	nature	NOUN
ftr-441	1897	18	.	.	PUNCT
ftr-441	1898	1	thus	thus	ADV
ftr-441	1898	2	,	,	PUNCT
ftr-441	1898	3	the	the	DET
ftr-441	1898	4	fisc	fisc	NOUN
ftr-441	1898	5	should	should	AUX
ftr-441	1898	6	be	be	AUX
ftr-441	1898	7	adequately	adequately	ADV
ftr-441	1898	8	protected	protect	VERB
ftr-441	1898	9	even	even	ADV
ftr-441	1898	10	though	though	SCONJ
ftr-441	1898	11	section	section	NOUN
ftr-441	1898	12	704(c)(1)(a	704(c)(1)(a	PROPN
ftr-441	1898	13	)	)	PUNCT
ftr-441	1898	14	is	be	AUX
ftr-441	1898	15	not	not	PART
ftr-441	1898	16	mandated	mandate	VERB
ftr-441	1898	17	in	in	ADP
ftr-441	1898	18	the	the	DET
ftr-441	1898	19	taxation	taxation	NOUN
ftr-441	1898	20	of	of	ADP
ftr-441	1898	21	spbfs	spbfs	NOUN
ftr-441	1898	22	.	.	PUNCT
ftr-441	1899	1	third	third	ADJ
ftr-441	1899	2	,	,	PUNCT
ftr-441	1899	3	inclusion	inclusion	NOUN
ftr-441	1899	4	of	of	ADP
ftr-441	1899	5	such	such	DET
ftr-441	1899	6	a	a	DET
ftr-441	1899	7	rule	rule	NOUN
ftr-441	1899	8	would	would	AUX
ftr-441	1899	9	introduce	introduce	VERB
ftr-441	1899	10	administrative	administrative	ADJ
ftr-441	1899	11	complexities	complexity	NOUN
ftr-441	1899	12	inconsistent	inconsistent	ADJ
ftr-441	1899	13	with	with	ADP
ftr-441	1899	14	the	the	DET
ftr-441	1899	15	goals	goal	NOUN
ftr-441	1899	16	of	of	ADP
ftr-441	1899	17	the	the	DET
ftr-441	1899	18	spbf	spbf	ADJ
ftr-441	1899	19	system	system	NOUN
ftr-441	1899	20	.	.	PUNCT
ftr-441	1900	1	it	it	PRON
ftr-441	1900	2	would	would	AUX
ftr-441	1900	3	require	require	VERB
ftr-441	1900	4	property	property	NOUN
ftr-441	1900	5	valuations	valuation	NOUN
ftr-441	1900	6	on	on	ADP
ftr-441	1900	7	a	a	DET
ftr-441	1900	8	property	property	NOUN
ftr-441	1900	9	-	-	PUNCT
ftr-441	1900	10	by	by	ADP
ftr-441	1900	11	-	-	PUNCT
ftr-441	1900	12	property	property	NOUN
ftr-441	1900	13	basis	basis	NOUN
ftr-441	1900	14	in	in	ADP
ftr-441	1900	15	exactly	exactly	ADV
ftr-441	1900	16	the	the	DET
ftr-441	1900	17	types	type	NOUN
ftr-441	1900	18	of	of	ADP
ftr-441	1900	19	situations	situation	NOUN
ftr-441	1900	20	---	---	PUNCT
ftr-441	1900	21	contributions	contribution	NOUN
ftr-441	1900	22	by	by	ADP
ftr-441	1900	23	transferors	transferor	NOUN
ftr-441	1900	24	who	who	PRON
ftr-441	1900	25	own	own	VERB
ftr-441	1900	26	a	a	DET
ftr-441	1900	27	significant	significant	ADJ
ftr-441	1900	28	percentage	percentage	NOUN
ftr-441	1900	29	of	of	ADP
ftr-441	1900	30	the	the	DET
ftr-441	1900	31	firm	firm	NOUN
ftr-441	1900	32	-	-	PUNCT
ftr-441	1900	33	where	where	SCONJ
ftr-441	1900	34	precise	precise	ADJ
ftr-441	1900	35	valuations	valuation	NOUN
ftr-441	1900	36	may	may	AUX
ftr-441	1900	37	not	not	PART
ftr-441	1900	38	have	have	AUX
ftr-441	1900	39	been	be	AUX
ftr-441	1900	40	made	make	VERB
ftr-441	1900	41	.	.	PUNCT
ftr-441	1901	1	it	it	PRON
ftr-441	1901	2	would	would	AUX
ftr-441	1901	3	also	also	ADV
ftr-441	1901	4	be	be	AUX
ftr-441	1901	5	particularly	particularly	ADV
ftr-441	1901	6	difficult	difficult	ADJ
ftr-441	1901	7	to	to	PART
ftr-441	1901	8	implement	implement	VERB
ftr-441	1901	9	in	in	ADP
ftr-441	1901	10	a	a	DET
ftr-441	1901	11	tax	tax	NOUN
ftr-441	1901	12	regime	regime	NOUN
ftr-441	1901	13	which	which	PRON
ftr-441	1901	14	does	do	AUX
ftr-441	1901	15	not	not	PART
ftr-441	1901	16	generally	generally	ADV
ftr-441	1901	17	permit	permit	VERB
ftr-441	1901	18	special	special	ADJ
ftr-441	1901	19	allocations	allocation	NOUN
ftr-441	1901	20	.	.	PUNCT
ftr-441	1902	1	moreover	moreover	ADV
ftr-441	1902	2	,	,	PUNCT
ftr-441	1902	3	to	to	PART
ftr-441	1902	4	be	be	AUX
ftr-441	1902	5	wholly	wholly	ADV
ftr-441	1902	6	effective	effective	ADJ
ftr-441	1902	7	,	,	PUNCT
ftr-441	1902	8	any	any	DET
ftr-441	1902	9	such	such	ADJ
ftr-441	1902	10	rule	rule	NOUN
ftr-441	1902	11	would	would	AUX
ftr-441	1902	12	also	also	ADV
ftr-441	1902	13	need	need	VERB
ftr-441	1902	14	to	to	PART
ftr-441	1902	15	overcome	overcome	VERB
ftr-441	1902	16	the	the	DET
ftr-441	1902	17	ceiling	ceiling	NOUN
ftr-441	1902	18	rule	rule	NOUN
ftr-441	1902	19	problem	problem	NOUN
ftr-441	1902	20	and	and	CCONJ
ftr-441	1902	21	to	to	PART
ftr-441	1902	22	apply	apply	VERB
ftr-441	1902	23	to	to	ADP
ftr-441	1902	24	reverse	reverse	VERB
ftr-441	1902	25	section	section	NOUN
ftr-441	1902	26	704(c	704(c	NOUN
ftr-441	1902	27	)	)	PUNCT
ftr-441	1902	28	situations	situation	NOUN
ftr-441	1902	29	,	,	PUNCT
ftr-441	1902	30	both	both	PRON
ftr-441	1902	31	of	of	ADP
ftr-441	1902	32	which	which	PRON
ftr-441	1902	33	would	would	AUX
ftr-441	1902	34	introduce	introduce	VERB
ftr-441	1902	35	even	even	ADV
ftr-441	1902	36	more	more	ADJ
ftr-441	1902	37	complication	complication	NOUN
ftr-441	1902	38	.	.	PUNCT
ftr-441	1903	1	finally	finally	ADV
ftr-441	1903	2	,	,	PUNCT
ftr-441	1903	3	although	although	SCONJ
ftr-441	1903	4	the	the	DET
ftr-441	1903	5	issue	issue	NOUN
ftr-441	1903	6	arises	arise	VERB
ftr-441	1903	7	under	under	ADP
ftr-441	1903	8	current	current	ADJ
ftr-441	1903	9	subchapter	subchapter	NOUN
ftr-441	1903	10	s	s	PART
ftr-441	1903	11	,	,	PUNCT
ftr-441	1903	12	we	we	PRON
ftr-441	1903	13	take	take	VERB
ftr-441	1903	14	some	some	DET
ftr-441	1903	15	comfort	comfort	NOUN
ftr-441	1903	16	in	in	ADP
ftr-441	1903	17	the	the	DET
ftr-441	1903	18	fact	fact	NOUN
ftr-441	1903	19	that	that	SCONJ
ftr-441	1903	20	the	the	DET
ftr-441	1903	21	treasury	treasury	NOUN
ftr-441	1903	22	has	have	AUX
ftr-441	1903	23	managed	manage	VERB
ftr-441	1903	24	to	to	PART
ftr-441	1903	25	survive	survive	VERB
ftr-441	1903	26	without	without	ADP
ftr-441	1903	27	importing	import	VERB
ftr-441	1903	28	section	section	NOUN
ftr-441	1903	29	704(c)(1)(a	704(c)(1)(a	NOUN
ftr-441	1903	30	)	)	PUNCT
ftr-441	1903	31	principles	principle	NOUN
ftr-441	1903	32	into	into	ADP
ftr-441	1903	33	that	that	DET
ftr-441	1903	34	area	area	NOUN
ftr-441	1903	35	.	.	PUNCT
ftr-441	1904	1	some	some	DET
ftr-441	1904	2	thought	thought	NOUN
ftr-441	1904	3	was	be	AUX
ftr-441	1904	4	given	give	VERB
ftr-441	1904	5	to	to	ADP
ftr-441	1904	6	returning	return	VERB
ftr-441	1904	7	to	to	ADP
ftr-441	1904	8	pre-1984	pre-1984	PROPN
ftr-441	1904	9	law	law	PROPN
ftr-441	1904	10	for	for	ADP
ftr-441	1904	11	spbfs	spbfs	NOUN
ftr-441	1904	12	and	and	CCONJ
ftr-441	1904	13	to	to	ADP
ftr-441	1904	14	allowing	allow	VERB
ftr-441	1904	15	the	the	DET
ftr-441	1904	16	section	section	NOUN
ftr-441	1904	17	704(c)(1)(a	704(c)(1)(a	NOUN
ftr-441	1904	18	)	)	PUNCT
ftr-441	1904	19	adjustment	adjustment	NOUN
ftr-441	1904	20	to	to	PART
ftr-441	1904	21	be	be	AUX
ftr-441	1904	22	an	an	DET
ftr-441	1904	23	option	option	NOUN
ftr-441	1904	24	for	for	ADP
ftr-441	1904	25	the	the	DET
ftr-441	1904	26	taxpayers	taxpayer	NOUN
ftr-441	1904	27	.	.	PUNCT
ftr-441	1905	1	the	the	DET
ftr-441	1905	2	reason	reason	NOUN
ftr-441	1905	3	is	be	AUX
ftr-441	1905	4	that	that	SCONJ
ftr-441	1905	5	the	the	DET
ftr-441	1905	6	adjustment	adjustment	NOUN
ftr-441	1905	7	may	may	AUX
ftr-441	1905	8	be	be	AUX
ftr-441	1905	9	a	a	DET
ftr-441	1905	10	desirable	desirable	ADJ
ftr-441	1905	11	one	one	NOUN
ftr-441	1905	12	for	for	ADP
ftr-441	1905	13	owners	owner	NOUN
ftr-441	1905	14	who	who	PRON
ftr-441	1905	15	fail	fail	VERB
ftr-441	1905	16	to	to	PART
ftr-441	1905	17	take	take	VERB
ftr-441	1905	18	into	into	ADP
ftr-441	1905	19	account	account	NOUN
ftr-441	1905	20	in	in	ADP
ftr-441	1905	21	their	their	PRON
ftr-441	1905	22	economic	economic	ADJ
ftr-441	1905	23	dealing	deal	VERB
ftr-441	1905	24	the	the	DET
ftr-441	1905	25	difference	difference	NOUN
ftr-441	1905	26	in	in	ADP
ftr-441	1905	27	the	the	DET
ftr-441	1905	28	tax	tax	NOUN
ftr-441	1905	29	quality	quality	NOUN
ftr-441	1905	30	of	of	ADP
ftr-441	1905	31	their	their	PRON
ftr-441	1905	32	respective	respective	ADJ
ftr-441	1905	33	contributions.272	contributions.272	NOUN
ftr-441	1905	34	thus	thus	ADV
ftr-441	1905	35	,	,	PUNCT
ftr-441	1905	36	for	for	ADP
ftr-441	1905	37	such	such	ADJ
ftr-441	1905	38	owners	owner	NOUN
ftr-441	1905	39	,	,	PUNCT
ftr-441	1905	40	a	a	DET
ftr-441	1905	41	section	section	NOUN
ftr-441	1905	42	704(c)(1)(a	704(c)(1)(a	NOUN
ftr-441	1905	43	)	)	PUNCT
ftr-441	1905	44	election	election	NOUN
ftr-441	1905	45	could	could	AUX
ftr-441	1905	46	relieve	relieve	VERB
ftr-441	1905	47	a	a	DET
ftr-441	1905	48	hardship	hardship	NOUN
ftr-441	1905	49	.	.	PUNCT
ftr-441	1906	1	but	but	CCONJ
ftr-441	1906	2	elections	election	NOUN
ftr-441	1906	3	are	be	AUX
ftr-441	1906	4	inconsistent	inconsistent	ADJ
ftr-441	1906	5	with	with	ADP
ftr-441	1906	6	a	a	DET
ftr-441	1906	7	goal	goal	NOUN
ftr-441	1906	8	of	of	ADP
ftr-441	1906	9	keeping	keep	VERB
ftr-441	1906	10	the	the	DET
ftr-441	1906	11	system	system	NOUN
ftr-441	1906	12	simple	simple	ADJ
ftr-441	1906	13	.	.	PUNCT
ftr-441	1907	1	what	what	PRON
ftr-441	1907	2	may	may	AUX
ftr-441	1907	3	be	be	AUX
ftr-441	1907	4	relief	relief	NOUN
ftr-441	1907	5	for	for	ADP
ftr-441	1907	6	some	some	PRON
ftr-441	1907	7	may	may	AUX
ftr-441	1907	8	turn	turn	VERB
ftr-441	1907	9	out	out	ADP
ftr-441	1907	10	to	to	PART
ftr-441	1907	11	be	be	AUX
ftr-441	1907	12	an	an	DET
ftr-441	1907	13	attractive	attractive	ADJ
ftr-441	1907	14	nuisance	nuisance	NOUN
ftr-441	1907	15	for	for	ADP
ftr-441	1907	16	many	many	ADJ
ftr-441	1907	17	others	other	NOUN
ftr-441	1907	18	.	.	PUNCT
ftr-441	1908	1	in	in	ADP
ftr-441	1908	2	addition	addition	NOUN
ftr-441	1908	3	,	,	PUNCT
ftr-441	1908	4	it	it	PRON
ftr-441	1908	5	was	be	AUX
ftr-441	1908	6	unclear	unclear	ADJ
ftr-441	1908	7	how	how	SCONJ
ftr-441	1908	8	common	common	ADJ
ftr-441	1908	9	the	the	DET
ftr-441	1908	10	hardship	hardship	NOUN
ftr-441	1908	11	situation	situation	NOUN
ftr-441	1908	12	actually	actually	ADV
ftr-441	1908	13	arises	arise	VERB
ftr-441	1908	14	.	.	PUNCT
ftr-441	1909	1	at	at	ADP
ftr-441	1909	2	least	least	ADJ
ftr-441	1909	3	for	for	ADP
ftr-441	1909	4	271	271	NUM
ftr-441	1909	5	.	.	PUNCT
ftr-441	1910	1	it	it	PRON
ftr-441	1910	2	may	may	AUX
ftr-441	1910	3	be	be	AUX
ftr-441	1910	4	appropriate	appropriate	ADJ
ftr-441	1910	5	to	to	PART
ftr-441	1910	6	fashion	fashion	VERB
ftr-441	1910	7	a	a	DET
ftr-441	1910	8	tax	tax	NOUN
ftr-441	1910	9	-	-	PUNCT
ftr-441	1910	10	free	free	ADJ
ftr-441	1910	11	exception	exception	NOUN
ftr-441	1910	12	for	for	ADP
ftr-441	1910	13	certain	certain	ADJ
ftr-441	1910	14	contributions	contribution	NOUN
ftr-441	1910	15	to	to	ADP
ftr-441	1910	16	firms	firm	NOUN
ftr-441	1910	17	for	for	ADP
ftr-441	1910	18	which	which	PRON
ftr-441	1910	19	capital	capital	NOUN
ftr-441	1910	20	is	be	AUX
ftr-441	1910	21	not	not	PART
ftr-441	1910	22	a	a	DET
ftr-441	1910	23	material	material	ADJ
ftr-441	1910	24	income	income	NOUN
ftr-441	1910	25	-	-	PUNCT
ftr-441	1910	26	producing	produce	VERB
ftr-441	1910	27	factor	factor	NOUN
ftr-441	1910	28	.	.	PUNCT
ftr-441	1911	1	this	this	DET
ftr-441	1911	2	rule	rule	NOUN
ftr-441	1911	3	would	would	AUX
ftr-441	1911	4	allow	allow	VERB
ftr-441	1911	5	,	,	PUNCT
ftr-441	1911	6	for	for	ADP
ftr-441	1911	7	example	example	NOUN
ftr-441	1911	8	,	,	PUNCT
ftr-441	1911	9	a	a	DET
ftr-441	1911	10	service	service	NOUN
ftr-441	1911	11	partner	partner	NOUN
ftr-441	1911	12	who	who	PRON
ftr-441	1911	13	combines	combine	VERB
ftr-441	1911	14	his	his	PRON
ftr-441	1911	15	or	or	CCONJ
ftr-441	1911	16	her	her	PRON
ftr-441	1911	17	firm	firm	NOUN
ftr-441	1911	18	with	with	ADP
ftr-441	1911	19	an	an	DET
ftr-441	1911	20	existing	exist	VERB
ftr-441	1911	21	service	service	NOUN
ftr-441	1911	22	partnership	partnership	NOUN
ftr-441	1911	23	to	to	PART
ftr-441	1911	24	avoid	avoid	VERB
ftr-441	1911	25	being	be	AUX
ftr-441	1911	26	taxed	tax	VERB
ftr-441	1911	27	on	on	ADP
ftr-441	1911	28	the	the	DET
ftr-441	1911	29	contribution	contribution	NOUN
ftr-441	1911	30	of	of	ADP
ftr-441	1911	31	goodwill	goodwill	NOUN
ftr-441	1911	32	even	even	ADV
ftr-441	1911	33	though	though	SCONJ
ftr-441	1911	34	the	the	DET
ftr-441	1911	35	transferor	transferor	NOUN
ftr-441	1911	36	does	do	AUX
ftr-441	1911	37	not	not	PART
ftr-441	1911	38	end	end	VERB
ftr-441	1911	39	up	up	ADP
ftr-441	1911	40	with	with	ADP
ftr-441	1911	41	a	a	DET
ftr-441	1911	42	sufficient	sufficient	ADJ
ftr-441	1911	43	ownership	ownership	NOUN
ftr-441	1911	44	interest	interest	NOUN
ftr-441	1911	45	in	in	ADP
ftr-441	1911	46	the	the	DET
ftr-441	1911	47	combined	combine	VERB
ftr-441	1911	48	firm	firm	NOUN
ftr-441	1911	49	to	to	PART
ftr-441	1911	50	qualify	qualify	VERB
ftr-441	1911	51	for	for	ADP
ftr-441	1911	52	taxfree	taxfree	ADJ
ftr-441	1911	53	treatment	treatment	NOUN
ftr-441	1911	54	under	under	ADP
ftr-441	1911	55	the	the	DET
ftr-441	1911	56	general	general	ADJ
ftr-441	1911	57	rule	rule	NOUN
ftr-441	1911	58	.	.	PUNCT
ftr-441	1912	1	272	272	NUM
ftr-441	1912	2	.	.	PUNCT
ftr-441	1913	1	see	see	VERB
ftr-441	1913	2	berger	berger	PROPN
ftr-441	1913	3	,	,	PUNCT
ftr-441	1913	4	supra	supra	PROPN
ftr-441	1913	5	note	note	PROPN
ftr-441	1913	6	63	63	NUM
ftr-441	1913	7	,	,	PUNCT
ftr-441	1913	8	at	at	ADP
ftr-441	1913	9	143	143	NUM
ftr-441	1913	10	-	-	SYM
ftr-441	1913	11	46	46	NUM
ftr-441	1913	12	.	.	PUNCT
ftr-441	1914	1	[	[	X
ftr-441	1914	2	vol	vol	NOUN
ftr-441	1914	3	4:-3	4:-3	NUM
ftr-441	1914	4	the	the	DET
ftr-441	1914	5	future	future	ADJ
ftr-441	1914	6	taxation	taxation	NOUN
ftr-441	1914	7	of	of	ADP
ftr-441	1914	8	private	private	ADJ
ftr-441	1914	9	business	business	NOUN
ftr-441	1914	10	firms	firm	NOUN
ftr-441	1914	11	regular	regular	ADJ
ftr-441	1914	12	section	section	NOUN
ftr-441	1914	13	704(c)(1)(a	704(c)(1)(a	NOUN
ftr-441	1914	14	)	)	PUNCT
ftr-441	1914	15	cases	case	NOUN
ftr-441	1914	16	,	,	PUNCT
ftr-441	1914	17	the	the	DET
ftr-441	1914	18	issue	issue	NOUN
ftr-441	1914	19	only	only	ADV
ftr-441	1914	20	comes	come	VERB
ftr-441	1914	21	up	up	ADP
ftr-441	1914	22	when	when	SCONJ
ftr-441	1914	23	there	there	PRON
ftr-441	1914	24	is	be	VERB
ftr-441	1914	25	a	a	DET
ftr-441	1914	26	noncash	noncash	NOUN
ftr-441	1914	27	contribution	contribution	NOUN
ftr-441	1914	28	to	to	ADP
ftr-441	1914	29	a	a	DET
ftr-441	1914	30	firm	firm	NOUN
ftr-441	1914	31	,	,	PUNCT
ftr-441	1914	32	which	which	PRON
ftr-441	1914	33	necessarily	necessarily	ADV
ftr-441	1914	34	requires	require	VERB
ftr-441	1914	35	the	the	DET
ftr-441	1914	36	parties	party	NOUN
ftr-441	1914	37	to	to	PART
ftr-441	1914	38	make	make	VERB
ftr-441	1914	39	some	some	DET
ftr-441	1914	40	determination	determination	NOUN
ftr-441	1914	41	of	of	ADP
ftr-441	1914	42	the	the	DET
ftr-441	1914	43	value	value	NOUN
ftr-441	1914	44	of	of	ADP
ftr-441	1914	45	the	the	DET
ftr-441	1914	46	property	property	NOUN
ftr-441	1914	47	contributed	contribute	VERB
ftr-441	1914	48	.	.	PUNCT
ftr-441	1915	1	because	because	SCONJ
ftr-441	1915	2	value	value	NOUN
ftr-441	1915	3	determinations	determination	NOUN
ftr-441	1915	4	are	be	AUX
ftr-441	1915	5	much	much	ADV
ftr-441	1915	6	more	more	ADV
ftr-441	1915	7	difficult	difficult	ADJ
ftr-441	1915	8	than	than	ADP
ftr-441	1915	9	basis	basis	NOUN
ftr-441	1915	10	determinations	determination	NOUN
ftr-441	1915	11	,	,	PUNCT
ftr-441	1915	12	if	if	SCONJ
ftr-441	1915	13	the	the	DET
ftr-441	1915	14	parties	party	NOUN
ftr-441	1915	15	can	can	AUX
ftr-441	1915	16	satisfactorily	satisfactorily	ADV
ftr-441	1915	17	reach	reach	VERB
ftr-441	1915	18	agreement	agreement	NOUN
ftr-441	1915	19	regarding	regard	VERB
ftr-441	1915	20	value	value	NOUN
ftr-441	1915	21	,	,	PUNCT
ftr-441	1915	22	it	it	PRON
ftr-441	1915	23	may	may	AUX
ftr-441	1915	24	be	be	AUX
ftr-441	1915	25	reasonable	reasonable	ADJ
ftr-441	1915	26	to	to	PART
ftr-441	1915	27	expect	expect	VERB
ftr-441	1915	28	that	that	SCONJ
ftr-441	1915	29	they	they	PRON
ftr-441	1915	30	will	will	AUX
ftr-441	1915	31	take	take	VERB
ftr-441	1915	32	into	into	ADP
ftr-441	1915	33	account	account	NOUN
ftr-441	1915	34	basis	basis	NOUN
ftr-441	1915	35	information	information	NOUN
ftr-441	1915	36	in	in	ADP
ftr-441	1915	37	their	their	PRON
ftr-441	1915	38	economic	economic	ADJ
ftr-441	1915	39	deal	deal	NOUN
ftr-441	1915	40	as	as	ADV
ftr-441	1915	41	well	well	ADV
ftr-441	1915	42	.	.	PUNCT
ftr-441	1916	1	this	this	PRON
ftr-441	1916	2	might	might	AUX
ftr-441	1916	3	be	be	AUX
ftr-441	1916	4	particularly	particularly	ADV
ftr-441	1916	5	true	true	ADJ
ftr-441	1916	6	under	under	ADP
ftr-441	1916	7	the	the	DET
ftr-441	1916	8	proposed	propose	VERB
ftr-441	1916	9	spbf	spbf	NOUN
ftr-441	1916	10	rule	rule	NOUN
ftr-441	1916	11	for	for	ADP
ftr-441	1916	12	contributions	contribution	NOUN
ftr-441	1916	13	,	,	PUNCT
ftr-441	1916	14	which	which	PRON
ftr-441	1916	15	permits	permit	VERB
ftr-441	1916	16	a	a	DET
ftr-441	1916	17	nonrecognition	nonrecognition	NOUN
ftr-441	1916	18	result	result	NOUN
ftr-441	1916	19	only	only	ADV
ftr-441	1916	20	where	where	SCONJ
ftr-441	1916	21	the	the	DET
ftr-441	1916	22	contributor	contributor	NOUN
ftr-441	1916	23	has	have	VERB
ftr-441	1916	24	some	some	DET
ftr-441	1916	25	significant	significant	ADJ
ftr-441	1916	26	interest	interest	NOUN
ftr-441	1916	27	in	in	ADP
ftr-441	1916	28	the	the	DET
ftr-441	1916	29	firm	firm	NOUN
ftr-441	1916	30	following	follow	VERB
ftr-441	1916	31	the	the	DET
ftr-441	1916	32	contribution	contribution	NOUN
ftr-441	1916	33	.	.	PUNCT
ftr-441	1917	1	iii	iii	X
ftr-441	1917	2	.	.	PUNCT
ftr-441	1918	1	distributions.-deciding	distributions.-decide	VERB
ftr-441	1918	2	on	on	ADP
ftr-441	1918	3	distribution	distribution	NOUN
ftr-441	1918	4	rules	rule	NOUN
ftr-441	1918	5	for	for	ADP
ftr-441	1918	6	the	the	DET
ftr-441	1918	7	spbf	spbf	ADJ
ftr-441	1918	8	system	system	NOUN
ftr-441	1918	9	that	that	PRON
ftr-441	1918	10	properly	properly	ADV
ftr-441	1918	11	balance	balance	VERB
ftr-441	1918	12	all	all	PRON
ftr-441	1918	13	of	of	ADP
ftr-441	1918	14	the	the	DET
ftr-441	1918	15	competing	compete	VERB
ftr-441	1918	16	considerations	consideration	NOUN
ftr-441	1918	17	has	have	AUX
ftr-441	1918	18	been	be	AUX
ftr-441	1918	19	difficult	difficult	ADJ
ftr-441	1918	20	.	.	PUNCT
ftr-441	1919	1	the	the	DET
ftr-441	1919	2	foregoing	forego	VERB
ftr-441	1919	3	discussion	discussion	NOUN
ftr-441	1919	4	supports	support	VERB
ftr-441	1919	5	spbf	spbf	NOUN
ftr-441	1919	6	rules	rule	NOUN
ftr-441	1919	7	more	more	ADV
ftr-441	1919	8	restrictive	restrictive	ADJ
ftr-441	1919	9	than	than	ADP
ftr-441	1919	10	the	the	DET
ftr-441	1919	11	partnership	partnership	NOUN
ftr-441	1919	12	rules	rule	NOUN
ftr-441	1919	13	,	,	PUNCT
ftr-441	1919	14	but	but	CCONJ
ftr-441	1919	15	it	it	PRON
ftr-441	1919	16	does	do	AUX
ftr-441	1919	17	not	not	PART
ftr-441	1919	18	indicate	indicate	VERB
ftr-441	1919	19	how	how	SCONJ
ftr-441	1919	20	restrictive	restrictive	ADJ
ftr-441	1919	21	they	they	PRON
ftr-441	1919	22	should	should	AUX
ftr-441	1919	23	be	be	AUX
ftr-441	1919	24	.	.	PUNCT
ftr-441	1920	1	this	this	DET
ftr-441	1920	2	article	article	NOUN
ftr-441	1920	3	proposes	propose	VERB
ftr-441	1920	4	that	that	SCONJ
ftr-441	1920	5	distributions	distribution	NOUN
ftr-441	1920	6	by	by	ADP
ftr-441	1920	7	an	an	DET
ftr-441	1920	8	spbf	spbf	NOUN
ftr-441	1920	9	generally	generally	ADV
ftr-441	1920	10	follow	follow	VERB
ftr-441	1920	11	the	the	DET
ftr-441	1920	12	subchapter	subchapter	NOUN
ftr-441	1920	13	s	s	PART
ftr-441	1920	14	rules	rule	NOUN
ftr-441	1920	15	but	but	CCONJ
ftr-441	1920	16	again	again	ADV
ftr-441	1920	17	with	with	ADP
ftr-441	1920	18	certain	certain	ADJ
ftr-441	1920	19	modifications	modification	NOUN
ftr-441	1920	20	.	.	PUNCT
ftr-441	1921	1	first	first	ADV
ftr-441	1921	2	,	,	PUNCT
ftr-441	1921	3	like	like	ADP
ftr-441	1921	4	current	current	ADJ
ftr-441	1921	5	partnership	partnership	NOUN
ftr-441	1921	6	law	law	NOUN
ftr-441	1921	7	and	and	CCONJ
ftr-441	1921	8	unlike	unlike	ADP
ftr-441	1921	9	current	current	ADJ
ftr-441	1921	10	subchapter	subchapter	NOUN
ftr-441	1921	11	s	s	PART
ftr-441	1921	12	,	,	PUNCT
ftr-441	1921	13	the	the	DET
ftr-441	1921	14	taxation	taxation	NOUN
ftr-441	1921	15	of	of	ADP
ftr-441	1921	16	distributees	distributee	NOUN
ftr-441	1921	17	should	should	AUX
ftr-441	1921	18	be	be	AUX
ftr-441	1921	19	determined	determine	VERB
ftr-441	1921	20	by	by	ADP
ftr-441	1921	21	just	just	ADV
ftr-441	1921	22	two	two	NUM
ftr-441	1921	23	categories	category	NOUN
ftr-441	1921	24	of	of	ADP
ftr-441	1921	25	distributions	distribution	NOUN
ftr-441	1921	26	,	,	PUNCT
ftr-441	1921	27	liquidating	liquidating	NOUN
ftr-441	1921	28	and	and	CCONJ
ftr-441	1921	29	nonliquidating	nonliquidating	NOUN
ftr-441	1921	30	.	.	PUNCT
ftr-441	1922	1	no	no	DET
ftr-441	1922	2	special	special	ADJ
ftr-441	1922	3	rule	rule	NOUN
ftr-441	1922	4	shall	shall	AUX
ftr-441	1922	5	be	be	AUX
ftr-441	1922	6	provided	provide	VERB
ftr-441	1922	7	for	for	ADP
ftr-441	1922	8	partial	partial	ADJ
ftr-441	1922	9	liquidations.m	liquidations.m	NOUN
ftr-441	1922	10	in	in	ADP
ftr-441	1922	11	a	a	DET
ftr-441	1922	12	nonliquidating	nonliquidate	VERB
ftr-441	1922	13	distribution	distribution	NOUN
ftr-441	1922	14	,	,	PUNCT
ftr-441	1922	15	a	a	DET
ftr-441	1922	16	distributee	distributee	NOUN
ftr-441	1922	17	shall	shall	AUX
ftr-441	1922	18	recognize	recognize	VERB
ftr-441	1922	19	gain	gain	NOUN
ftr-441	1922	20	only	only	ADV
ftr-441	1922	21	to	to	ADP
ftr-441	1922	22	the	the	DET
ftr-441	1922	23	extent	extent	NOUN
ftr-441	1922	24	the	the	DET
ftr-441	1922	25	amount	amount	NOUN
ftr-441	1922	26	of	of	ADP
ftr-441	1922	27	the	the	DET
ftr-441	1922	28	distribution	distribution	NOUN
ftr-441	1922	29	exceeds	exceed	VERB
ftr-441	1922	30	the	the	DET
ftr-441	1922	31	distributee	distributee	NOUN
ftr-441	1922	32	's	's	PART
ftr-441	1922	33	outside	outside	ADJ
ftr-441	1922	34	basis	basis	NOUN
ftr-441	1922	35	.	.	PUNCT
ftr-441	1923	1	no	no	DET
ftr-441	1923	2	loss	loss	NOUN
ftr-441	1923	3	shall	shall	AUX
ftr-441	1923	4	be	be	AUX
ftr-441	1923	5	recognized	recognize	VERB
ftr-441	1923	6	.	.	PUNCT
ftr-441	1924	1	in	in	ADP
ftr-441	1924	2	a	a	DET
ftr-441	1924	3	liquidating	liquidate	VERB
ftr-441	1924	4	distribution	distribution	NOUN
ftr-441	1924	5	,	,	PUNCT
ftr-441	1924	6	a	a	DET
ftr-441	1924	7	distributee	distributee	NOUN
ftr-441	1924	8	shall	shall	AUX
ftr-441	1924	9	recognize	recognize	VERB
ftr-441	1924	10	gain	gain	NOUN
ftr-441	1924	11	or	or	CCONJ
ftr-441	1924	12	loss	loss	NOUN
ftr-441	1924	13	in	in	ADP
ftr-441	1924	14	the	the	DET
ftr-441	1924	15	same	same	ADJ
ftr-441	1924	16	manner	manner	NOUN
ftr-441	1924	17	as	as	ADP
ftr-441	1924	18	a	a	DET
ftr-441	1924	19	sale	sale	NOUN
ftr-441	1924	20	or	or	CCONJ
ftr-441	1924	21	exchange	exchange	NOUN
ftr-441	1924	22	of	of	ADP
ftr-441	1924	23	the	the	DET
ftr-441	1924	24	ownership	ownership	NOUN
ftr-441	1924	25	interest	interest	NOUN
ftr-441	1924	26	.	.	PUNCT
ftr-441	1925	1	as	as	ADP
ftr-441	1925	2	under	under	ADP
ftr-441	1925	3	current	current	ADJ
ftr-441	1925	4	law	law	NOUN
ftr-441	1925	5	,	,	PUNCT
ftr-441	1925	6	in	in	ADP
ftr-441	1925	7	determining	determine	VERB
ftr-441	1925	8	the	the	DET
ftr-441	1925	9	tax	tax	NOUN
ftr-441	1925	10	consequences	consequence	NOUN
ftr-441	1925	11	of	of	ADP
ftr-441	1925	12	the	the	DET
ftr-441	1925	13	distribution	distribution	NOUN
ftr-441	1925	14	to	to	ADP
ftr-441	1925	15	the	the	DET
ftr-441	1925	16	distributee	distributee	NOUN
ftr-441	1925	17	,	,	PUNCT
ftr-441	1925	18	the	the	DET
ftr-441	1925	19	distributee	distributee	NOUN
ftr-441	1925	20	's	's	PART
ftr-441	1925	21	outside	outside	ADJ
ftr-441	1925	22	basis	basis	NOUN
ftr-441	1925	23	should	should	AUX
ftr-441	1925	24	first	first	ADV
ftr-441	1925	25	be	be	AUX
ftr-441	1925	26	adjusted	adjust	VERB
ftr-441	1925	27	for	for	ADP
ftr-441	1925	28	any	any	DET
ftr-441	1925	29	gain	gain	NOUN
ftr-441	1925	30	or	or	CCONJ
ftr-441	1925	31	loss	loss	NOUN
ftr-441	1925	32	recognized	recognize	VERB
ftr-441	1925	33	by	by	ADP
ftr-441	1925	34	the	the	DET
ftr-441	1925	35	spbf	spbf	NOUN
ftr-441	1925	36	in	in	ADP
ftr-441	1925	37	the	the	DET
ftr-441	1925	38	distribution	distribution	NOUN
ftr-441	1925	39	and	and	CCONJ
ftr-441	1925	40	passed	pass	VERB
ftr-441	1925	41	through	through	ADP
ftr-441	1925	42	to	to	ADP
ftr-441	1925	43	the	the	DET
ftr-441	1925	44	distributee	distributee	NOUN
ftr-441	1925	45	.	.	PUNCT
ftr-441	1925	46	'	'	PUNCT
ftr-441	1926	1	4	4	NUM
ftr-441	1926	2	in	in	ADP
ftr-441	1926	3	general	general	ADJ
ftr-441	1926	4	,	,	PUNCT
ftr-441	1926	5	distributees	distributee	NOUN
ftr-441	1926	6	shall	shall	AUX
ftr-441	1926	7	obtain	obtain	VERB
ftr-441	1926	8	fresh	fresh	ADJ
ftr-441	1926	9	start	start	NOUN
ftr-441	1926	10	fair	fair	ADJ
ftr-441	1926	11	market	market	NOUN
ftr-441	1926	12	value	value	NOUN
ftr-441	1926	13	bases	basis	NOUN
ftr-441	1926	14	in	in	ADP
ftr-441	1926	15	any	any	DET
ftr-441	1926	16	property	property	NOUN
ftr-441	1926	17	distributed	distribute	VERB
ftr-441	1926	18	.	.	PUNCT
ftr-441	1927	1	failure	failure	NOUN
ftr-441	1927	2	to	to	PART
ftr-441	1927	3	include	include	VERB
ftr-441	1927	4	a	a	DET
ftr-441	1927	5	partial	partial	ADJ
ftr-441	1927	6	liquidation	liquidation	NOUN
ftr-441	1927	7	rule	rule	NOUN
ftr-441	1927	8	might	might	AUX
ftr-441	1927	9	seem	seem	VERB
ftr-441	1927	10	to	to	PART
ftr-441	1927	11	create	create	VERB
ftr-441	1927	12	a	a	DET
ftr-441	1927	13	tax	tax	NOUN
ftr-441	1927	14	disparity	disparity	NOUN
ftr-441	1927	15	between	between	ADP
ftr-441	1927	16	such	such	DET
ftr-441	1927	17	a	a	DET
ftr-441	1927	18	transaction	transaction	NOUN
ftr-441	1927	19	and	and	CCONJ
ftr-441	1927	20	a	a	DET
ftr-441	1927	21	sale	sale	NOUN
ftr-441	1927	22	by	by	ADP
ftr-441	1927	23	the	the	DET
ftr-441	1927	24	owner	owner	NOUN
ftr-441	1927	25	of	of	ADP
ftr-441	1927	26	a	a	DET
ftr-441	1927	27	portion	portion	NOUN
ftr-441	1927	28	of	of	ADP
ftr-441	1927	29	his	his	PRON
ftr-441	1927	30	or	or	CCONJ
ftr-441	1927	31	her	her	PRON
ftr-441	1927	32	ownership	ownership	NOUN
ftr-441	1927	33	interests	interest	NOUN
ftr-441	1927	34	to	to	ADP
ftr-441	1927	35	a	a	DET
ftr-441	1927	36	third	third	ADJ
ftr-441	1927	37	party	party	NOUN
ftr-441	1927	38	.	.	PUNCT
ftr-441	1928	1	in	in	ADP
ftr-441	1928	2	the	the	DET
ftr-441	1928	3	former	former	ADJ
ftr-441	1928	4	transaction	transaction	NOUN
ftr-441	1928	5	,	,	PUNCT
ftr-441	1928	6	there	there	PRON
ftr-441	1928	7	would	would	AUX
ftr-441	1928	8	not	not	PART
ftr-441	1928	9	be	be	AUX
ftr-441	1928	10	any	any	DET
ftr-441	1928	11	required	require	VERB
ftr-441	1928	12	allocation	allocation	NOUN
ftr-441	1928	13	of	of	ADP
ftr-441	1928	14	basis	basis	NOUN
ftr-441	1928	15	in	in	ADP
ftr-441	1928	16	computing	compute	VERB
ftr-441	1928	17	gain	gain	NOUN
ftr-441	1928	18	whereas	whereas	SCONJ
ftr-441	1928	19	in	in	ADP
ftr-441	1928	20	the	the	DET
ftr-441	1928	21	latter	latter	ADJ
ftr-441	1928	22	,	,	PUNCT
ftr-441	1928	23	there	there	PRON
ftr-441	1928	24	would	would	AUX
ftr-441	1928	25	be	be	AUX
ftr-441	1928	26	.	.	PUNCT
ftr-441	1929	1	but	but	CCONJ
ftr-441	1929	2	the	the	DET
ftr-441	1929	3	two	two	NUM
ftr-441	1929	4	transactions	transaction	NOUN
ftr-441	1929	5	may	may	AUX
ftr-441	1929	6	not	not	PART
ftr-441	1929	7	be	be	AUX
ftr-441	1929	8	exactly	exactly	ADV
ftr-441	1929	9	alike	alike	ADJ
ftr-441	1929	10	because	because	SCONJ
ftr-441	1929	11	only	only	ADV
ftr-441	1929	12	the	the	DET
ftr-441	1929	13	distribution	distribution	NOUN
ftr-441	1929	14	results	result	NOUN
ftr-441	1929	15	in	in	ADP
ftr-441	1929	16	a	a	DET
ftr-441	1929	17	withdrawal	withdrawal	NOUN
ftr-441	1929	18	of	of	ADP
ftr-441	1929	19	funds	fund	NOUN
ftr-441	1929	20	from	from	ADP
ftr-441	1929	21	the	the	DET
ftr-441	1929	22	firm	firm	NOUN
ftr-441	1929	23	.	.	PUNCT
ftr-441	1930	1	in	in	ADP
ftr-441	1930	2	addition	addition	NOUN
ftr-441	1930	3	,	,	PUNCT
ftr-441	1930	4	the	the	DET
ftr-441	1930	5	rules	rule	NOUN
ftr-441	1930	6	differentiating	differentiate	VERB
ftr-441	1930	7	ordinary	ordinary	ADJ
ftr-441	1930	8	distributions	distribution	NOUN
ftr-441	1930	9	from	from	ADP
ftr-441	1930	10	partial	partial	ADJ
ftr-441	1930	11	liquidations	liquidation	NOUN
ftr-441	1930	12	under	under	ADP
ftr-441	1930	13	current	current	ADJ
ftr-441	1930	14	law	law	NOUN
ftr-441	1930	15	are	be	AUX
ftr-441	1930	16	generally	generally	ADV
ftr-441	1930	17	designed	design	VERB
ftr-441	1930	18	to	to	PART
ftr-441	1930	19	prevent	prevent	VERB
ftr-441	1930	20	the	the	DET
ftr-441	1930	21	former	former	ADJ
ftr-441	1930	22	273	273	NUM
ftr-441	1930	23	.	.	PUNCT
ftr-441	1931	1	compare	compare	VERB
ftr-441	1931	2	irc	irc	PROPN
ftr-441	1931	3	§	§	PROPN
ftr-441	1931	4	302(a	302(a	PROPN
ftr-441	1931	5	)	)	PUNCT
ftr-441	1931	6	.	.	PUNCT
ftr-441	1932	1	again	again	ADV
ftr-441	1932	2	,	,	PUNCT
ftr-441	1932	3	the	the	DET
ftr-441	1932	4	term	term	NOUN
ftr-441	1932	5	"	"	PUNCT
ftr-441	1932	6	partial	partial	ADJ
ftr-441	1932	7	liquidation	liquidation	NOUN
ftr-441	1932	8	"	"	PUNCT
ftr-441	1932	9	is	be	AUX
ftr-441	1932	10	used	use	VERB
ftr-441	1932	11	here	here	ADV
ftr-441	1932	12	to	to	PART
ftr-441	1932	13	refer	refer	VERB
ftr-441	1932	14	to	to	ADP
ftr-441	1932	15	a	a	DET
ftr-441	1932	16	distribution	distribution	NOUN
ftr-441	1932	17	which	which	PRON
ftr-441	1932	18	effects	effect	VERB
ftr-441	1932	19	a	a	DET
ftr-441	1932	20	partial	partial	ADJ
ftr-441	1932	21	redemption	redemption	NOUN
ftr-441	1932	22	of	of	ADP
ftr-441	1932	23	the	the	DET
ftr-441	1932	24	distributee	distributee	NOUN
ftr-441	1932	25	's	's	PART
ftr-441	1932	26	interest	interest	NOUN
ftr-441	1932	27	.	.	PUNCT
ftr-441	1933	1	see	see	VERB
ftr-441	1933	2	supra	supra	PROPN
ftr-441	1933	3	note	note	PROPN
ftr-441	1933	4	223	223	NUM
ftr-441	1933	5	.	.	PUNCT
ftr-441	1933	6	274	274	NUM
ftr-441	1933	7	.	.	PUNCT
ftr-441	1934	1	see	see	VERB
ftr-441	1934	2	irc	irc	PROPN
ftr-441	1934	3	§	§	PROPN
ftr-441	1934	4	1368(d	1368(d	NUM
ftr-441	1934	5	)	)	PUNCT
ftr-441	1934	6	.	.	PUNCT
ftr-441	1935	1	19991	19991	NUM
ftr-441	1935	2	florida	florida	PROPN
ftr-441	1935	3	tax	tax	PROPN
ftr-441	1935	4	review	review	NOUN
ftr-441	1935	5	from	from	ADP
ftr-441	1935	6	being	be	AUX
ftr-441	1935	7	disguised	disguise	VERB
ftr-441	1935	8	as	as	ADP
ftr-441	1935	9	the	the	DET
ftr-441	1935	10	latter.27	latter.27	PROPN
ftr-441	1935	11	5	5	NUM
ftr-441	1935	12	in	in	ADP
ftr-441	1935	13	contrast	contrast	NOUN
ftr-441	1935	14	,	,	PUNCT
ftr-441	1935	15	in	in	ADP
ftr-441	1935	16	the	the	DET
ftr-441	1935	17	spbf	spbf	ADJ
ftr-441	1935	18	system	system	NOUN
ftr-441	1935	19	as	as	ADP
ftr-441	1935	20	in	in	ADP
ftr-441	1935	21	existing	exist	VERB
ftr-441	1935	22	subchapter	subchapter	NOUN
ftr-441	1935	23	s	s	PART
ftr-441	1935	24	,	,	PUNCT
ftr-441	1935	25	tax	tax	NOUN
ftr-441	1935	26	advantage	advantage	NOUN
ftr-441	1935	27	would	would	AUX
ftr-441	1935	28	be	be	AUX
ftr-441	1935	29	gained	gain	VERB
ftr-441	1935	30	from	from	ADP
ftr-441	1935	31	the	the	DET
ftr-441	1935	32	opposite	opposite	ADJ
ftr-441	1935	33	strategy	strategy	NOUN
ftr-441	1935	34	,	,	PUNCT
ftr-441	1935	35	which	which	PRON
ftr-441	1935	36	the	the	DET
ftr-441	1935	37	existing	exist	VERB
ftr-441	1935	38	rules	rule	NOUN
ftr-441	1935	39	are	be	AUX
ftr-441	1935	40	ineffective	ineffective	ADJ
ftr-441	1935	41	at	at	ADP
ftr-441	1935	42	stopping.276	stopping.276	NOUN
ftr-441	1935	43	thus	thus	ADV
ftr-441	1935	44	,	,	PUNCT
ftr-441	1935	45	as	as	ADP
ftr-441	1935	46	a	a	DET
ftr-441	1935	47	practical	practical	ADJ
ftr-441	1935	48	matter	matter	NOUN
ftr-441	1935	49	,	,	PUNCT
ftr-441	1935	50	preservation	preservation	NOUN
ftr-441	1935	51	of	of	ADP
ftr-441	1935	52	a	a	DET
ftr-441	1935	53	partial	partial	ADJ
ftr-441	1935	54	liquidation	liquidation	NOUN
ftr-441	1935	55	rule	rule	NOUN
ftr-441	1935	56	may	may	AUX
ftr-441	1935	57	serve	serve	VERB
ftr-441	1935	58	little	little	ADJ
ftr-441	1935	59	purpose	purpose	NOUN
ftr-441	1935	60	.	.	PUNCT
ftr-441	1936	1	2	2	NUM
ftr-441	1936	2	77	77	NUM
ftr-441	1936	3	the	the	DET
ftr-441	1936	4	other	other	ADJ
ftr-441	1936	5	modification	modification	NOUN
ftr-441	1936	6	to	to	ADP
ftr-441	1936	7	the	the	DET
ftr-441	1936	8	s	s	NOUN
ftr-441	1936	9	distribution	distribution	NOUN
ftr-441	1936	10	rules	rule	NOUN
ftr-441	1936	11	involves	involve	VERB
ftr-441	1936	12	a	a	DET
ftr-441	1936	13	nonrecognition	nonrecognition	NOUN
ftr-441	1936	14	exception	exception	NOUN
ftr-441	1936	15	in	in	ADP
ftr-441	1936	16	the	the	DET
ftr-441	1936	17	spbf	spbf	ADJ
ftr-441	1936	18	system	system	NOUN
ftr-441	1936	19	for	for	ADP
ftr-441	1936	20	distributions	distribution	NOUN
ftr-441	1936	21	constituting	constitute	VERB
ftr-441	1936	22	a	a	DET
ftr-441	1936	23	mere	mere	ADJ
ftr-441	1936	24	change	change	NOUN
ftr-441	1936	25	in	in	ADP
ftr-441	1936	26	form	form	NOUN
ftr-441	1936	27	of	of	ADP
ftr-441	1936	28	ownership	ownership	NOUN
ftr-441	1936	29	of	of	ADP
ftr-441	1936	30	the	the	DET
ftr-441	1936	31	property	property	NOUN
ftr-441	1936	32	distributed	distribute	VERB
ftr-441	1936	33	.	.	PUNCT
ftr-441	1937	1	this	this	DET
ftr-441	1937	2	exception	exception	NOUN
ftr-441	1937	3	turns	turn	VERB
ftr-441	1937	4	on	on	ADP
ftr-441	1937	5	the	the	DET
ftr-441	1937	6	percentage	percentage	NOUN
ftr-441	1937	7	ownership	ownership	NOUN
ftr-441	1937	8	of	of	ADP
ftr-441	1937	9	the	the	DET
ftr-441	1937	10	distributee	distributee	NOUN
ftr-441	1937	11	in	in	ADP
ftr-441	1937	12	the	the	DET
ftr-441	1937	13	spbf	spbf	NOUN
ftr-441	1937	14	immediately	immediately	ADV
ftr-441	1937	15	prior	prior	ADV
ftr-441	1937	16	to	to	ADP
ftr-441	1937	17	the	the	DET
ftr-441	1937	18	distribution	distribution	NOUN
ftr-441	1937	19	,	,	PUNCT
ftr-441	1937	20	and	and	CCONJ
ftr-441	1937	21	the	the	DET
ftr-441	1937	22	percentage	percentage	NOUN
ftr-441	1937	23	may	may	AUX
ftr-441	1937	24	or	or	CCONJ
ftr-441	1937	25	may	may	AUX
ftr-441	1937	26	not	not	PART
ftr-441	1937	27	be	be	AUX
ftr-441	1937	28	the	the	DET
ftr-441	1937	29	same	same	ADJ
ftr-441	1937	30	as	as	ADP
ftr-441	1937	31	for	for	ADP
ftr-441	1937	32	the	the	DET
ftr-441	1937	33	nonrecognition	nonrecognition	NOUN
ftr-441	1937	34	rule	rule	NOUN
ftr-441	1937	35	in	in	ADP
ftr-441	1937	36	the	the	DET
ftr-441	1937	37	case	case	NOUN
ftr-441	1937	38	of	of	ADP
ftr-441	1937	39	spbf	spbf	ADJ
ftr-441	1937	40	contributions	contribution	NOUN
ftr-441	1937	41	.	.	PUNCT
ftr-441	1938	1	278	278	NUM
ftr-441	1938	2	where	where	SCONJ
ftr-441	1938	3	the	the	DET
ftr-441	1938	4	exception	exception	NOUN
ftr-441	1938	5	applies	apply	VERB
ftr-441	1938	6	,	,	PUNCT
ftr-441	1938	7	the	the	DET
ftr-441	1938	8	spbf	spbf	NOUN
ftr-441	1938	9	does	do	AUX
ftr-441	1938	10	not	not	PART
ftr-441	1938	11	recognize	recognize	VERB
ftr-441	1938	12	any	any	DET
ftr-441	1938	13	gain	gain	NOUN
ftr-441	1938	14	or	or	CCONJ
ftr-441	1938	15	loss	loss	NOUN
ftr-441	1938	16	.	.	PUNCT
ftr-441	1939	1	the	the	DET
ftr-441	1939	2	distributee	distributee	NOUN
ftr-441	1939	3	also	also	ADV
ftr-441	1939	4	does	do	AUX
ftr-441	1939	5	not	not	PART
ftr-441	1939	6	recognize	recognize	VERB
ftr-441	1939	7	any	any	DET
ftr-441	1939	8	loss	loss	NOUN
ftr-441	1939	9	but	but	CCONJ
ftr-441	1939	10	must	must	AUX
ftr-441	1939	11	recognize	recognize	VERB
ftr-441	1939	12	gain	gain	NOUN
ftr-441	1939	13	to	to	ADP
ftr-441	1939	14	the	the	DET
ftr-441	1939	15	extent	extent	NOUN
ftr-441	1939	16	money	money	NOUN
ftr-441	1939	17	plus	plus	CCONJ
ftr-441	1939	18	the	the	DET
ftr-441	1939	19	basis	basis	NOUN
ftr-441	1939	20	of	of	ADP
ftr-441	1939	21	any	any	DET
ftr-441	1939	22	property	property	NOUN
ftr-441	1939	23	distributed	distribute	VERB
ftr-441	1939	24	exceeds	exceed	VERB
ftr-441	1939	25	the	the	DET
ftr-441	1939	26	distributee	distributee	NOUN
ftr-441	1939	27	's	's	PART
ftr-441	1939	28	basis	basis	NOUN
ftr-441	1939	29	in	in	ADP
ftr-441	1939	30	the	the	DET
ftr-441	1939	31	spbf	spbf	NOUN
ftr-441	1939	32	prior	prior	ADV
ftr-441	1939	33	to	to	ADP
ftr-441	1939	34	the	the	DET
ftr-441	1939	35	distribution	distribution	NOUN
ftr-441	1939	36	.	.	PUNCT
ftr-441	1940	1	this	this	DET
ftr-441	1940	2	rule	rule	NOUN
ftr-441	1940	3	is	be	AUX
ftr-441	1940	4	necessary	necessary	ADJ
ftr-441	1940	5	to	to	PART
ftr-441	1940	6	prevent	prevent	VERB
ftr-441	1940	7	the	the	DET
ftr-441	1940	8	distributee	distributee	NOUN
ftr-441	1940	9	from	from	ADP
ftr-441	1940	10	obtaining	obtain	VERB
ftr-441	1940	11	basis	basis	NOUN
ftr-441	1940	12	without	without	ADP
ftr-441	1940	13	the	the	DET
ftr-441	1940	14	recognition	recognition	NOUN
ftr-441	1940	15	of	of	ADP
ftr-441	1940	16	a	a	DET
ftr-441	1940	17	commensurate	commensurate	ADJ
ftr-441	1940	18	amount	amount	NOUN
ftr-441	1940	19	of	of	ADP
ftr-441	1940	20	income	income	NOUN
ftr-441	1940	21	.	.	PUNCT
ftr-441	1941	1	the	the	DET
ftr-441	1941	2	distributee	distributee	NOUN
ftr-441	1941	3	inherits	inherit	VERB
ftr-441	1941	4	the	the	DET
ftr-441	1941	5	spbf	spbf	NOUN
ftr-441	1941	6	's	's	PART
ftr-441	1941	7	basis	basis	NOUN
ftr-441	1941	8	in	in	ADP
ftr-441	1941	9	any	any	DET
ftr-441	1941	10	property	property	NOUN
ftr-441	1941	11	distributed	distribute	VERB
ftr-441	1941	12	,	,	PUNCT
ftr-441	1941	13	and	and	CCONJ
ftr-441	1941	14	the	the	DET
ftr-441	1941	15	distributee	distributee	NOUN
ftr-441	1941	16	's	's	PART
ftr-441	1941	17	outside	outside	ADJ
ftr-441	1941	18	basis	basis	NOUN
ftr-441	1941	19	must	must	AUX
ftr-441	1941	20	be	be	AUX
ftr-441	1941	21	reduced	reduce	VERB
ftr-441	1941	22	by	by	ADP
ftr-441	1941	23	the	the	DET
ftr-441	1941	24	money	money	NOUN
ftr-441	1941	25	and	and	CCONJ
ftr-441	1941	26	the	the	DET
ftr-441	1941	27	basis	basis	NOUN
ftr-441	1941	28	of	of	ADP
ftr-441	1941	29	any	any	DET
ftr-441	1941	30	property	property	NOUN
ftr-441	1941	31	distributed	distribute	VERB
ftr-441	1941	32	.	.	PUNCT
ftr-441	1942	1	example	example	NOUN
ftr-441	1943	1	3	3	X
ftr-441	1943	2	.	.	PUNCT
ftr-441	1943	3	immediately	immediately	ADV
ftr-441	1943	4	prior	prior	ADV
ftr-441	1943	5	to	to	ADP
ftr-441	1943	6	a	a	DET
ftr-441	1943	7	nonliquidating	nonliquidate	VERB
ftr-441	1943	8	distribution	distribution	NOUN
ftr-441	1943	9	,	,	PUNCT
ftr-441	1943	10	a	a	PRON
ftr-441	1943	11	owns	own	VERB
ftr-441	1943	12	90	90	NUM
ftr-441	1943	13	%	%	NOUN
ftr-441	1943	14	of	of	ADP
ftr-441	1943	15	the	the	DET
ftr-441	1943	16	residual	residual	ADJ
ftr-441	1943	17	interests	interest	NOUN
ftr-441	1943	18	of	of	ADP
ftr-441	1943	19	an	an	DET
ftr-441	1943	20	spbf	spbf	NOUN
ftr-441	1943	21	with	with	ADP
ftr-441	1943	22	an	an	DET
ftr-441	1943	23	outside	outside	ADJ
ftr-441	1943	24	basis	basis	NOUN
ftr-441	1943	25	of	of	ADP
ftr-441	1943	26	$	$	SYM
ftr-441	1943	27	100	100	NUM
ftr-441	1943	28	.	.	PUNCT
ftr-441	1944	1	assume	assume	VERB
ftr-441	1944	2	the	the	DET
ftr-441	1944	3	percentage	percentage	NOUN
ftr-441	1944	4	interest	interest	NOUN
ftr-441	1944	5	is	be	AUX
ftr-441	1944	6	high	high	ADJ
ftr-441	1944	7	enough	enough	ADV
ftr-441	1944	8	to	to	PART
ftr-441	1944	9	qualify	qualify	VERB
ftr-441	1944	10	for	for	ADP
ftr-441	1944	11	the	the	DET
ftr-441	1944	12	nonrecognition	nonrecognition	NOUN
ftr-441	1944	13	exception	exception	NOUN
ftr-441	1944	14	.	.	PUNCT
ftr-441	1945	1	in	in	ADP
ftr-441	1945	2	the	the	DET
ftr-441	1945	3	distribution	distribution	NOUN
ftr-441	1945	4	,	,	PUNCT
ftr-441	1945	5	a	a	PRON
ftr-441	1945	6	receives	receive	VERB
ftr-441	1945	7	property	property	NOUN
ftr-441	1945	8	worth	worth	ADJ
ftr-441	1945	9	$	$	SYM
ftr-441	1945	10	150	150	NUM
ftr-441	1945	11	and	and	CCONJ
ftr-441	1945	12	with	with	ADP
ftr-441	1945	13	a	a	DET
ftr-441	1945	14	basis	basis	NOUN
ftr-441	1945	15	to	to	ADP
ftr-441	1945	16	the	the	DET
ftr-441	1945	17	spbf	spbf	NOUN
ftr-441	1945	18	of	of	ADP
ftr-441	1945	19	$	$	SYM
ftr-441	1945	20	30	30	NUM
ftr-441	1945	21	.	.	PUNCT
ftr-441	1946	1	under	under	ADP
ftr-441	1946	2	the	the	DET
ftr-441	1946	3	exception	exception	NOUN
ftr-441	1946	4	,	,	PUNCT
ftr-441	1946	5	neither	neither	CCONJ
ftr-441	1946	6	the	the	DET
ftr-441	1946	7	spbf	spbf	NOUN
ftr-441	1946	8	nor	nor	CCONJ
ftr-441	1946	9	a	a	DET
ftr-441	1946	10	recognizes	recognize	VERB
ftr-441	1946	11	any	any	DET
ftr-441	1946	12	gain	gain	NOUN
ftr-441	1946	13	or	or	CCONJ
ftr-441	1946	14	loss	loss	NOUN
ftr-441	1946	15	in	in	ADP
ftr-441	1946	16	the	the	DET
ftr-441	1946	17	transaction	transaction	NOUN
ftr-441	1946	18	.	.	PUNCT
ftr-441	1947	1	a	a	PRON
ftr-441	1947	2	takes	take	VERB
ftr-441	1947	3	a	a	DET
ftr-441	1947	4	$	$	SYM
ftr-441	1947	5	30	30	NUM
ftr-441	1947	6	basis	basis	NOUN
ftr-441	1947	7	in	in	ADP
ftr-441	1947	8	the	the	DET
ftr-441	1947	9	property	property	NOUN
ftr-441	1947	10	distributed	distribute	VERB
ftr-441	1947	11	and	and	CCONJ
ftr-441	1947	12	reduces	reduce	VERB
ftr-441	1947	13	outside	outside	ADJ
ftr-441	1947	14	basis	basis	NOUN
ftr-441	1947	15	to	to	ADP
ftr-441	1947	16	$	$	SYM
ftr-441	1947	17	70	70	NUM
ftr-441	1947	18	.	.	PUNCT
ftr-441	1947	19	example	example	NOUN
ftr-441	1948	1	4	4	NUM
ftr-441	1948	2	.	.	NOUN
ftr-441	1948	3	same	same	ADJ
ftr-441	1948	4	facts	fact	NOUN
ftr-441	1948	5	as	as	ADP
ftr-441	1948	6	in	in	ADP
ftr-441	1948	7	example	example	NOUN
ftr-441	1948	8	3	3	NUM
ftr-441	1948	9	except	except	SCONJ
ftr-441	1948	10	that	that	SCONJ
ftr-441	1948	11	the	the	DET
ftr-441	1948	12	spbf	spbf	NOUN
ftr-441	1948	13	had	have	AUX
ftr-441	1948	14	a	a	DET
ftr-441	1948	15	$	$	SYM
ftr-441	1948	16	130	130	NUM
ftr-441	1948	17	basis	basis	NOUN
ftr-441	1948	18	in	in	ADP
ftr-441	1948	19	the	the	DET
ftr-441	1948	20	property	property	NOUN
ftr-441	1948	21	distributed	distribute	VERB
ftr-441	1948	22	to	to	ADP
ftr-441	1948	23	a.	a.	NOUN
ftr-441	1948	24	under	under	ADP
ftr-441	1948	25	the	the	DET
ftr-441	1948	26	nonrecognition	nonrecognition	NOUN
ftr-441	1948	27	exception	exception	NOUN
ftr-441	1948	28	,	,	PUNCT
ftr-441	1948	29	the	the	DET
ftr-441	1948	30	spbf	spbf	NOUN
ftr-441	1948	31	still	still	ADV
ftr-441	1948	32	does	do	AUX
ftr-441	1948	33	not	not	PART
ftr-441	1948	34	recognize	recognize	VERB
ftr-441	1948	35	any	any	DET
ftr-441	1948	36	gain	gain	NOUN
ftr-441	1948	37	or	or	CCONJ
ftr-441	1948	38	loss	loss	NOUN
ftr-441	1948	39	.	.	PUNCT
ftr-441	1949	1	a	a	PRON
ftr-441	1949	2	,	,	PUNCT
ftr-441	1949	3	however	however	ADV
ftr-441	1949	4	,	,	PUNCT
ftr-441	1949	5	must	must	AUX
ftr-441	1949	6	recognize	recognize	VERB
ftr-441	1949	7	$	$	SYM
ftr-441	1949	8	30	30	NUM
ftr-441	1949	9	of	of	ADP
ftr-441	1949	10	gain	gain	NOUN
ftr-441	1949	11	,	,	PUNCT
ftr-441	1949	12	the	the	DET
ftr-441	1949	13	excess	excess	NOUN
ftr-441	1949	14	of	of	ADP
ftr-441	1949	15	the	the	DET
ftr-441	1949	16	spbf	spbf	NOUN
ftr-441	1949	17	's	's	PART
ftr-441	1949	18	basis	basis	NOUN
ftr-441	1949	19	275	275	NUM
ftr-441	1949	20	.	.	PUNCT
ftr-441	1950	1	see	see	VERB
ftr-441	1950	2	irc	irc	PROPN
ftr-441	1950	3	§	§	PROPN
ftr-441	1950	4	302	302	NUM
ftr-441	1950	5	.	.	NOUN
ftr-441	1950	6	276	276	NUM
ftr-441	1950	7	.	.	X
ftr-441	1951	1	for	for	ADP
ftr-441	1951	2	example	example	NOUN
ftr-441	1951	3	,	,	PUNCT
ftr-441	1951	4	the	the	DET
ftr-441	1951	5	distributee	distributee	NOUN
ftr-441	1951	6	might	might	AUX
ftr-441	1951	7	retain	retain	VERB
ftr-441	1951	8	an	an	DET
ftr-441	1951	9	option	option	NOUN
ftr-441	1951	10	to	to	PART
ftr-441	1951	11	acquire	acquire	VERB
ftr-441	1951	12	the	the	DET
ftr-441	1951	13	necessary	necessary	ADJ
ftr-441	1951	14	percentage	percentage	NOUN
ftr-441	1951	15	of	of	ADP
ftr-441	1951	16	ownership	ownership	NOUN
ftr-441	1951	17	interests	interest	NOUN
ftr-441	1951	18	to	to	PART
ftr-441	1951	19	prevent	prevent	VERB
ftr-441	1951	20	a	a	DET
ftr-441	1951	21	distribution	distribution	NOUN
ftr-441	1951	22	from	from	ADP
ftr-441	1951	23	satisfying	satisfy	VERB
ftr-441	1951	24	the	the	DET
ftr-441	1951	25	numerical	numerical	ADJ
ftr-441	1951	26	standard	standard	PROPN
ftr-441	1951	27	for	for	ADP
ftr-441	1951	28	a	a	DET
ftr-441	1951	29	disproportionate	disproportionate	ADJ
ftr-441	1951	30	redemption	redemption	NOUN
ftr-441	1951	31	.	.	PUNCT
ftr-441	1952	1	cf	cf	NOUN
ftr-441	1952	2	.	.	PUNCT
ftr-441	1953	1	irc	irc	PROPN
ftr-441	1953	2	§	§	PROPN
ftr-441	1953	3	§	§	PROPN
ftr-441	1953	4	302(b)(2	302(b)(2	NUM
ftr-441	1953	5	)	)	PUNCT
ftr-441	1953	6	and	and	CCONJ
ftr-441	1953	7	(	(	PUNCT
ftr-441	1953	8	c)(1	c)(1	NOUN
ftr-441	1953	9	)	)	PUNCT
ftr-441	1953	10	,	,	PUNCT
ftr-441	1953	11	318(a)(4	318(a)(4	NUM
ftr-441	1953	12	)	)	PUNCT
ftr-441	1953	13	.	.	PUNCT
ftr-441	1954	1	277	277	NUM
ftr-441	1954	2	.	.	PUNCT
ftr-441	1955	1	professor	professor	NOUN
ftr-441	1955	2	eustice	eustice	NOUN
ftr-441	1955	3	has	have	AUX
ftr-441	1955	4	recommended	recommend	VERB
ftr-441	1955	5	elimination	elimination	NOUN
ftr-441	1955	6	of	of	ADP
ftr-441	1955	7	the	the	DET
ftr-441	1955	8	partial	partial	ADJ
ftr-441	1955	9	liquidation	liquidation	NOUN
ftr-441	1955	10	rule	rule	NOUN
ftr-441	1955	11	for	for	ADP
ftr-441	1955	12	s	s	NOUN
ftr-441	1955	13	corporations	corporation	NOUN
ftr-441	1955	14	.	.	PUNCT
ftr-441	1956	1	see	see	VERB
ftr-441	1956	2	eustice	eustice	NOUN
ftr-441	1956	3	,	,	PUNCT
ftr-441	1956	4	supra	supra	PROPN
ftr-441	1956	5	note	note	PROPN
ftr-441	1956	6	175	175	NUM
ftr-441	1956	7	,	,	PUNCT
ftr-441	1956	8	at	at	ADP
ftr-441	1956	9	406	406	NUM
ftr-441	1956	10	.	.	PUNCT
ftr-441	1957	1	278	278	NUM
ftr-441	1957	2	.	.	PUNCT
ftr-441	1958	1	different	different	ADJ
ftr-441	1958	2	percentages	percentage	NOUN
ftr-441	1958	3	might	might	AUX
ftr-441	1958	4	be	be	AUX
ftr-441	1958	5	justified	justify	VERB
ftr-441	1958	6	if	if	SCONJ
ftr-441	1958	7	,	,	PUNCT
ftr-441	1958	8	for	for	ADP
ftr-441	1958	9	example	example	NOUN
ftr-441	1958	10	,	,	PUNCT
ftr-441	1958	11	it	it	PRON
ftr-441	1958	12	were	be	AUX
ftr-441	1958	13	considered	consider	VERB
ftr-441	1958	14	more	more	ADV
ftr-441	1958	15	problematic	problematic	ADJ
ftr-441	1958	16	to	to	PART
ftr-441	1958	17	discourage	discourage	VERB
ftr-441	1958	18	property	property	NOUN
ftr-441	1958	19	contributions	contribution	NOUN
ftr-441	1958	20	to	to	ADP
ftr-441	1958	21	an	an	DET
ftr-441	1958	22	spbf	spbf	NOUN
ftr-441	1958	23	than	than	ADP
ftr-441	1958	24	distributions	distribution	NOUN
ftr-441	1958	25	from	from	ADP
ftr-441	1958	26	such	such	ADJ
ftr-441	1958	27	firms	firm	NOUN
ftr-441	1958	28	.	.	PUNCT
ftr-441	1959	1	[	[	X
ftr-441	1959	2	vol	vol	NOUN
ftr-441	1959	3	4:3	4:3	NUM
ftr-441	1959	4	the	the	DET
ftr-441	1959	5	future	future	ADJ
ftr-441	1959	6	taxation	taxation	NOUN
ftr-441	1959	7	of	of	ADP
ftr-441	1959	8	private	private	ADJ
ftr-441	1959	9	business	business	NOUN
ftr-441	1959	10	firms	firm	NOUN
ftr-441	1959	11	in	in	ADP
ftr-441	1959	12	the	the	DET
ftr-441	1959	13	property	property	NOUN
ftr-441	1959	14	distributed	distribute	VERB
ftr-441	1959	15	(	(	PUNCT
ftr-441	1959	16	$	$	SYM
ftr-441	1959	17	130	130	NUM
ftr-441	1959	18	)	)	PUNCT
ftr-441	1959	19	over	over	ADP
ftr-441	1959	20	a	a	PRON
ftr-441	1959	21	's	's	PART
ftr-441	1959	22	pre	pre	NOUN
ftr-441	1959	23	-	-	NOUN
ftr-441	1959	24	distribution	distribution	ADJ
ftr-441	1959	25	outside	outside	ADJ
ftr-441	1959	26	basis	basis	NOUN
ftr-441	1959	27	(	(	PUNCT
ftr-441	1959	28	$	$	SYM
ftr-441	1959	29	100	100	NUM
ftr-441	1959	30	)	)	PUNCT
ftr-441	1959	31	.	.	PUNCT
ftr-441	1960	1	a	a	PRON
ftr-441	1960	2	takes	take	VERB
ftr-441	1960	3	a	a	DET
ftr-441	1960	4	$	$	SYM
ftr-441	1960	5	130	130	NUM
ftr-441	1960	6	basis	basis	NOUN
ftr-441	1960	7	in	in	ADP
ftr-441	1960	8	the	the	DET
ftr-441	1960	9	property	property	NOUN
ftr-441	1960	10	distributed	distribute	VERB
ftr-441	1960	11	and	and	CCONJ
ftr-441	1960	12	a	a	DET
ftr-441	1960	13	's	's	PART
ftr-441	1960	14	outside	outside	ADJ
ftr-441	1960	15	basis	basis	NOUN
ftr-441	1960	16	is	be	AUX
ftr-441	1960	17	reduced	reduce	VERB
ftr-441	1960	18	to	to	ADP
ftr-441	1960	19	zero	zero	NUM
ftr-441	1960	20	.	.	PUNCT
ftr-441	1961	1	an	an	DET
ftr-441	1961	2	spbf	spbf	NOUN
ftr-441	1961	3	may	may	AUX
ftr-441	1961	4	elect	elect	VERB
ftr-441	1961	5	to	to	PART
ftr-441	1961	6	have	have	VERB
ftr-441	1961	7	the	the	DET
ftr-441	1961	8	foregoing	forego	VERB
ftr-441	1961	9	exception	exception	NOUN
ftr-441	1961	10	not	not	PART
ftr-441	1961	11	apply	apply	VERB
ftr-441	1961	12	.	.	PUNCT
ftr-441	1962	1	an	an	DET
ftr-441	1962	2	election	election	NOUN
ftr-441	1962	3	is	be	AUX
ftr-441	1962	4	needed	need	VERB
ftr-441	1962	5	because	because	SCONJ
ftr-441	1962	6	there	there	PRON
ftr-441	1962	7	is	be	VERB
ftr-441	1962	8	one	one	NUM
ftr-441	1962	9	case	case	NOUN
ftr-441	1962	10	in	in	ADP
ftr-441	1962	11	which	which	PRON
ftr-441	1962	12	the	the	DET
ftr-441	1962	13	exception	exception	NOUN
ftr-441	1962	14	would	would	AUX
ftr-441	1962	15	produce	produce	VERB
ftr-441	1962	16	an	an	DET
ftr-441	1962	17	unfavorable	unfavorable	ADJ
ftr-441	1962	18	result	result	NOUN
ftr-441	1962	19	for	for	ADP
ftr-441	1962	20	taxpayers	taxpayer	NOUN
ftr-441	1962	21	.	.	PUNCT
ftr-441	1963	1	in	in	ADP
ftr-441	1963	2	a	a	DET
ftr-441	1963	3	liquidating	liquidating	NOUN
ftr-441	1963	4	distribution	distribution	NOUN
ftr-441	1963	5	where	where	SCONJ
ftr-441	1963	6	the	the	DET
ftr-441	1963	7	distributee	distributee	NOUN
ftr-441	1963	8	's	's	PART
ftr-441	1963	9	basis	basis	NOUN
ftr-441	1963	10	in	in	ADP
ftr-441	1963	11	the	the	DET
ftr-441	1963	12	spbf	spbf	NOUN
ftr-441	1963	13	is	be	AUX
ftr-441	1963	14	greater	great	ADJ
ftr-441	1963	15	than	than	ADP
ftr-441	1963	16	the	the	DET
ftr-441	1963	17	money	money	NOUN
ftr-441	1963	18	and	and	CCONJ
ftr-441	1963	19	basis	basis	NOUN
ftr-441	1963	20	of	of	ADP
ftr-441	1963	21	property	property	NOUN
ftr-441	1963	22	distributed	distribute	VERB
ftr-441	1963	23	,	,	PUNCT
ftr-441	1963	24	the	the	DET
ftr-441	1963	25	exception	exception	NOUN
ftr-441	1963	26	causes	cause	VERB
ftr-441	1963	27	the	the	DET
ftr-441	1963	28	distributee	distributee	NOUN
ftr-441	1963	29	to	to	PART
ftr-441	1963	30	lose	lose	VERB
ftr-441	1963	31	basis	basis	NOUN
ftr-441	1963	32	.	.	PUNCT
ftr-441	1964	1	this	this	DET
ftr-441	1964	2	case	case	NOUN
ftr-441	1964	3	is	be	AUX
ftr-441	1964	4	illustrated	illustrate	VERB
ftr-441	1964	5	by	by	ADP
ftr-441	1964	6	the	the	DET
ftr-441	1964	7	following	following	NOUN
ftr-441	1964	8	:	:	PUNCT
ftr-441	1964	9	example	example	NOUN
ftr-441	1964	10	5	5	NUM
ftr-441	1964	11	.	.	NOUN
ftr-441	1964	12	same	same	ADJ
ftr-441	1964	13	facts	fact	NOUN
ftr-441	1964	14	as	as	ADP
ftr-441	1964	15	in	in	ADP
ftr-441	1964	16	example	example	NOUN
ftr-441	1964	17	3	3	NUM
ftr-441	1964	18	except	except	SCONJ
ftr-441	1964	19	that	that	SCONJ
ftr-441	1964	20	the	the	DET
ftr-441	1964	21	distribution	distribution	NOUN
ftr-441	1964	22	liquidates	liquidate	VERB
ftr-441	1964	23	a	a	PRON
ftr-441	1964	24	's	's	PART
ftr-441	1964	25	interest	interest	NOUN
ftr-441	1964	26	in	in	ADP
ftr-441	1964	27	the	the	DET
ftr-441	1964	28	firm	firm	NOUN
ftr-441	1964	29	.	.	PUNCT
ftr-441	1965	1	also	also	ADV
ftr-441	1965	2	,	,	PUNCT
ftr-441	1965	3	assume	assume	VERB
ftr-441	1965	4	that	that	SCONJ
ftr-441	1965	5	a	a	PRON
ftr-441	1965	6	's	be	AUX
ftr-441	1965	7	outside	outside	ADJ
ftr-441	1965	8	basis	basis	NOUN
ftr-441	1965	9	in	in	ADP
ftr-441	1965	10	the	the	DET
ftr-441	1965	11	spbf	spbf	NOUN
ftr-441	1965	12	just	just	ADV
ftr-441	1965	13	prior	prior	ADV
ftr-441	1965	14	to	to	ADP
ftr-441	1965	15	the	the	DET
ftr-441	1965	16	distribution	distribution	NOUN
ftr-441	1965	17	is	be	AUX
ftr-441	1965	18	$	$	SYM
ftr-441	1965	19	150	150	NUM
ftr-441	1965	20	.	.	PUNCT
ftr-441	1966	1	under	under	ADP
ftr-441	1966	2	the	the	DET
ftr-441	1966	3	nonrecognition	nonrecognition	NOUN
ftr-441	1966	4	exception	exception	NOUN
ftr-441	1966	5	,	,	PUNCT
ftr-441	1966	6	no	no	DET
ftr-441	1966	7	gain	gain	NOUN
ftr-441	1966	8	or	or	CCONJ
ftr-441	1966	9	loss	loss	NOUN
ftr-441	1966	10	is	be	AUX
ftr-441	1966	11	recognized	recognize	VERB
ftr-441	1966	12	to	to	ADP
ftr-441	1966	13	either	either	CCONJ
ftr-441	1966	14	a	a	PRON
ftr-441	1966	15	or	or	CCONJ
ftr-441	1966	16	the	the	DET
ftr-441	1966	17	firm	firm	NOUN
ftr-441	1966	18	and	and	CCONJ
ftr-441	1966	19	a	a	DET
ftr-441	1966	20	inherits	inherit	VERB
ftr-441	1966	21	the	the	DET
ftr-441	1966	22	firm	firm	NOUN
ftr-441	1966	23	's	's	PART
ftr-441	1966	24	basis	basis	NOUN
ftr-441	1966	25	of	of	ADP
ftr-441	1966	26	$	$	SYM
ftr-441	1966	27	30	30	NUM
ftr-441	1966	28	in	in	ADP
ftr-441	1966	29	the	the	DET
ftr-441	1966	30	property	property	NOUN
ftr-441	1966	31	distributed	distribute	VERB
ftr-441	1966	32	.	.	PUNCT
ftr-441	1967	1	$	$	SYM
ftr-441	1967	2	120	120	NUM
ftr-441	1967	3	of	of	ADP
ftr-441	1967	4	a	a	PRON
ftr-441	1967	5	's	's	PART
ftr-441	1967	6	pre	pre	NOUN
ftr-441	1967	7	-	-	NOUN
ftr-441	1967	8	distribution	distribution	NOUN
ftr-441	1967	9	outside	outside	ADJ
ftr-441	1967	10	basis	basis	NOUN
ftr-441	1967	11	has	have	AUX
ftr-441	1967	12	disappeared	disappear	VERB
ftr-441	1967	13	.	.	PUNCT
ftr-441	1968	1	some	some	DET
ftr-441	1968	2	thought	thought	NOUN
ftr-441	1968	3	was	be	AUX
ftr-441	1968	4	given	give	VERB
ftr-441	1968	5	to	to	ADP
ftr-441	1968	6	permitting	permit	VERB
ftr-441	1968	7	a	a	PRON
ftr-441	1968	8	to	to	PART
ftr-441	1968	9	receive	receive	VERB
ftr-441	1968	10	a	a	DET
ftr-441	1968	11	$	$	SYM
ftr-441	1968	12	120	120	NUM
ftr-441	1968	13	capital	capital	NOUN
ftr-441	1968	14	loss	loss	NOUN
ftr-441	1968	15	in	in	ADP
ftr-441	1968	16	this	this	DET
ftr-441	1968	17	situation	situation	NOUN
ftr-441	1968	18	.	.	PUNCT
ftr-441	1969	1	this	this	PRON
ftr-441	1969	2	would	would	AUX
ftr-441	1969	3	be	be	AUX
ftr-441	1969	4	the	the	DET
ftr-441	1969	5	mirror	mirror	NOUN
ftr-441	1969	6	image	image	NOUN
ftr-441	1969	7	of	of	ADP
ftr-441	1969	8	the	the	DET
ftr-441	1969	9	rule	rule	NOUN
ftr-441	1969	10	where	where	SCONJ
ftr-441	1969	11	the	the	DET
ftr-441	1969	12	distributee	distributee	NOUN
ftr-441	1969	13	's	's	PART
ftr-441	1969	14	pre	pre	NOUN
ftr-441	1969	15	-	-	NOUN
ftr-441	1969	16	distribution	distribution	ADJ
ftr-441	1969	17	outside	outside	ADJ
ftr-441	1969	18	basis	basis	NOUN
ftr-441	1969	19	is	be	AUX
ftr-441	1969	20	less	less	ADJ
ftr-441	1969	21	than	than	ADP
ftr-441	1969	22	the	the	DET
ftr-441	1969	23	money	money	NOUN
ftr-441	1969	24	plus	plus	CCONJ
ftr-441	1969	25	the	the	DET
ftr-441	1969	26	basis	basis	NOUN
ftr-441	1969	27	of	of	ADP
ftr-441	1969	28	any	any	DET
ftr-441	1969	29	property	property	NOUN
ftr-441	1969	30	distributed	distribute	VERB
ftr-441	1969	31	.	.	PUNCT
ftr-441	1970	1	as	as	SCONJ
ftr-441	1970	2	noted	note	VERB
ftr-441	1970	3	,	,	PUNCT
ftr-441	1970	4	in	in	ADP
ftr-441	1970	5	that	that	DET
ftr-441	1970	6	case	case	NOUN
ftr-441	1970	7	,	,	PUNCT
ftr-441	1970	8	the	the	DET
ftr-441	1970	9	distributee	distributee	NOUN
ftr-441	1970	10	is	be	AUX
ftr-441	1970	11	required	require	VERB
ftr-441	1970	12	to	to	PART
ftr-441	1970	13	recognize	recognize	VERB
ftr-441	1970	14	gain	gain	NOUN
ftr-441	1970	15	equal	equal	ADJ
ftr-441	1970	16	to	to	ADP
ftr-441	1970	17	the	the	DET
ftr-441	1970	18	excess	excess	NOUN
ftr-441	1970	19	.	.	PUNCT
ftr-441	1971	1	recognition	recognition	NOUN
ftr-441	1971	2	of	of	ADP
ftr-441	1971	3	a	a	DET
ftr-441	1971	4	capital	capital	NOUN
ftr-441	1971	5	loss	loss	NOUN
ftr-441	1971	6	to	to	ADP
ftr-441	1971	7	a	a	DET
ftr-441	1971	8	might	might	NOUN
ftr-441	1971	9	,	,	PUNCT
ftr-441	1971	10	however	however	ADV
ftr-441	1971	11	,	,	PUNCT
ftr-441	1971	12	create	create	VERB
ftr-441	1971	13	certain	certain	ADJ
ftr-441	1971	14	tax	tax	NOUN
ftr-441	1971	15	avoidance	avoidance	NOUN
ftr-441	1971	16	opportunities	opportunity	NOUN
ftr-441	1971	17	.	.	PUNCT
ftr-441	1972	1	step	step	VERB
ftr-441	1972	2	back	back	ADV
ftr-441	1972	3	a	a	DET
ftr-441	1972	4	moment	moment	NOUN
ftr-441	1972	5	and	and	CCONJ
ftr-441	1972	6	assume	assume	VERB
ftr-441	1972	7	that	that	SCONJ
ftr-441	1972	8	b	b	X
ftr-441	1972	9	previously	previously	ADV
ftr-441	1972	10	owned	own	VERB
ftr-441	1972	11	the	the	DET
ftr-441	1972	12	property	property	NOUN
ftr-441	1972	13	distributed	distribute	VERB
ftr-441	1972	14	in	in	ADP
ftr-441	1972	15	example	example	NOUN
ftr-441	1972	16	5	5	NUM
ftr-441	1972	17	,	,	PUNCT
ftr-441	1972	18	with	with	ADP
ftr-441	1972	19	value	value	NOUN
ftr-441	1972	20	of	of	ADP
ftr-441	1972	21	$	$	SYM
ftr-441	1972	22	150	150	NUM
ftr-441	1972	23	and	and	CCONJ
ftr-441	1972	24	basis	basis	NOUN
ftr-441	1972	25	of	of	ADP
ftr-441	1972	26	$	$	SYM
ftr-441	1972	27	30	30	NUM
ftr-441	1972	28	,	,	PUNCT
ftr-441	1972	29	and	and	CCONJ
ftr-441	1972	30	was	be	AUX
ftr-441	1972	31	prepared	prepared	ADJ
ftr-441	1972	32	to	to	PART
ftr-441	1972	33	sell	sell	VERB
ftr-441	1972	34	it	it	PRON
ftr-441	1972	35	to	to	ADP
ftr-441	1972	36	a	a	PRON
ftr-441	1972	37	for	for	ADP
ftr-441	1972	38	$	$	SYM
ftr-441	1972	39	150	150	NUM
ftr-441	1972	40	.	.	PUNCT
ftr-441	1973	1	assume	assume	VERB
ftr-441	1973	2	the	the	DET
ftr-441	1973	3	property	property	NOUN
ftr-441	1973	4	qualified	qualify	VERB
ftr-441	1973	5	as	as	ADP
ftr-441	1973	6	a	a	DET
ftr-441	1973	7	capital	capital	NOUN
ftr-441	1973	8	asset	asset	NOUN
ftr-441	1973	9	to	to	ADP
ftr-441	1973	10	b	b	NOUN
ftr-441	1973	11	so	so	SCONJ
ftr-441	1973	12	that	that	SCONJ
ftr-441	1973	13	a	a	DET
ftr-441	1973	14	straight	straight	ADJ
ftr-441	1973	15	sale	sale	NOUN
ftr-441	1973	16	of	of	ADP
ftr-441	1973	17	the	the	DET
ftr-441	1973	18	asset	asset	NOUN
ftr-441	1973	19	would	would	AUX
ftr-441	1973	20	have	have	AUX
ftr-441	1973	21	resulted	result	VERB
ftr-441	1973	22	in	in	ADP
ftr-441	1973	23	$	$	SYM
ftr-441	1973	24	120	120	NUM
ftr-441	1973	25	of	of	ADP
ftr-441	1973	26	capital	capital	NOUN
ftr-441	1973	27	gain	gain	NOUN
ftr-441	1973	28	to	to	ADP
ftr-441	1973	29	b	b	NOUN
ftr-441	1973	30	and	and	CCONJ
ftr-441	1973	31	a	a	DET
ftr-441	1973	32	$	$	SYM
ftr-441	1973	33	150	150	NUM
ftr-441	1973	34	cost	cost	NOUN
ftr-441	1973	35	basis	basis	NOUN
ftr-441	1973	36	in	in	ADP
ftr-441	1973	37	the	the	DET
ftr-441	1973	38	asset	asset	NOUN
ftr-441	1973	39	to	to	PART
ftr-441	1973	40	a.	a.	NOUN
ftr-441	1973	41	instead	instead	ADV
ftr-441	1973	42	,	,	PUNCT
ftr-441	1973	43	b	b	NOUN
ftr-441	1973	44	contributes	contribute	VERB
ftr-441	1973	45	the	the	DET
ftr-441	1973	46	asset	asset	NOUN
ftr-441	1973	47	tax	tax	NOUN
ftr-441	1973	48	-	-	PUNCT
ftr-441	1973	49	free	free	ADJ
ftr-441	1973	50	to	to	ADP
ftr-441	1973	51	an	an	DET
ftr-441	1973	52	spbf	spbf	NOUN
ftr-441	1973	53	in	in	ADP
ftr-441	1973	54	exchange	exchange	NOUN
ftr-441	1973	55	for	for	ADP
ftr-441	1973	56	90	90	NUM
ftr-441	1973	57	%	%	NOUN
ftr-441	1973	58	of	of	ADP
ftr-441	1973	59	the	the	DET
ftr-441	1973	60	residual	residual	ADJ
ftr-441	1973	61	interests	interest	NOUN
ftr-441	1973	62	,	,	PUNCT
ftr-441	1973	63	and	and	CCONJ
ftr-441	1973	64	then	then	ADV
ftr-441	1973	65	sells	sell	VERB
ftr-441	1973	66	the	the	DET
ftr-441	1973	67	90	90	NUM
ftr-441	1973	68	%	%	NOUN
ftr-441	1973	69	interest	interest	NOUN
ftr-441	1973	70	to	to	ADP
ftr-441	1973	71	a	a	PRON
ftr-441	1973	72	for	for	ADP
ftr-441	1973	73	$	$	SYM
ftr-441	1973	74	150	150	NUM
ftr-441	1973	75	.	.	PUNCT
ftr-441	1974	1	on	on	ADP
ftr-441	1974	2	the	the	DET
ftr-441	1974	3	sale	sale	NOUN
ftr-441	1974	4	,	,	PUNCT
ftr-441	1974	5	b	b	NOUN
ftr-441	1974	6	recognizes	recognize	VERB
ftr-441	1974	7	the	the	DET
ftr-441	1974	8	same	same	ADJ
ftr-441	1974	9	$	$	SYM
ftr-441	1974	10	120	120	NUM
ftr-441	1974	11	capital	capital	NOUN
ftr-441	1974	12	gain	gain	NOUN
ftr-441	1974	13	.	.	PUNCT
ftr-441	1975	1	if	if	SCONJ
ftr-441	1975	2	the	the	DET
ftr-441	1975	3	subsequent	subsequent	ADJ
ftr-441	1975	4	liquidating	liquidating	NOUN
ftr-441	1975	5	distribution	distribution	NOUN
ftr-441	1975	6	of	of	ADP
ftr-441	1975	7	the	the	DET
ftr-441	1975	8	property	property	NOUN
ftr-441	1975	9	to	to	ADP
ftr-441	1975	10	a	a	DET
ftr-441	1975	11	allowed	allow	VERB
ftr-441	1975	12	a	a	PRON
ftr-441	1975	13	to	to	PART
ftr-441	1975	14	claim	claim	VERB
ftr-441	1975	15	a	a	DET
ftr-441	1975	16	capital	capital	NOUN
ftr-441	1975	17	loss	loss	NOUN
ftr-441	1975	18	,	,	PUNCT
ftr-441	1975	19	then	then	ADV
ftr-441	1975	20	a	a	PRON
ftr-441	1975	21	would	would	AUX
ftr-441	1975	22	receive	receive	VERB
ftr-441	1975	23	a	a	DET
ftr-441	1975	24	$	$	SYM
ftr-441	1975	25	120	120	NUM
ftr-441	1975	26	capital	capital	NOUN
ftr-441	1975	27	loss	loss	NOUN
ftr-441	1975	28	and	and	CCONJ
ftr-441	1975	29	a	a	DET
ftr-441	1975	30	basis	basis	NOUN
ftr-441	1975	31	in	in	ADP
ftr-441	1975	32	the	the	DET
ftr-441	1975	33	asset	asset	NOUN
ftr-441	1975	34	of	of	ADP
ftr-441	1975	35	$	$	SYM
ftr-441	1975	36	30	30	NUM
ftr-441	1975	37	.	.	PUNCT
ftr-441	1976	1	in	in	ADP
ftr-441	1976	2	contrast	contrast	NOUN
ftr-441	1976	3	to	to	ADP
ftr-441	1976	4	the	the	DET
ftr-441	1976	5	results	result	NOUN
ftr-441	1976	6	of	of	ADP
ftr-441	1976	7	the	the	DET
ftr-441	1976	8	straight	straight	ADJ
ftr-441	1976	9	sale	sale	NOUN
ftr-441	1976	10	,	,	PUNCT
ftr-441	1976	11	a	a	PRON
ftr-441	1976	12	has	have	AUX
ftr-441	1976	13	basically	basically	ADV
ftr-441	1976	14	deducted	deduct	VERB
ftr-441	1976	15	immediately	immediately	ADV
ftr-441	1976	16	$	$	SYM
ftr-441	1976	17	120	120	NUM
ftr-441	1976	18	of	of	ADP
ftr-441	1976	19	the	the	DET
ftr-441	1976	20	investment	investment	NOUN
ftr-441	1976	21	.	.	PUNCT
ftr-441	1977	1	true	true	ADJ
ftr-441	1977	2	,	,	PUNCT
ftr-441	1977	3	the	the	DET
ftr-441	1977	4	deduction	deduction	NOUN
ftr-441	1977	5	is	be	AUX
ftr-441	1977	6	only	only	ADV
ftr-441	1977	7	a	a	DET
ftr-441	1977	8	capital	capital	NOUN
ftr-441	1977	9	loss	loss	NOUN
ftr-441	1977	10	but	but	CCONJ
ftr-441	1977	11	if	if	SCONJ
ftr-441	1977	12	a	a	PRON
ftr-441	1977	13	has	have	VERB
ftr-441	1977	14	capital	capital	NOUN
ftr-441	1977	15	gains	gain	NOUN
ftr-441	1977	16	which	which	PRON
ftr-441	1977	17	need	need	VERB
ftr-441	1977	18	sheltering	shelter	VERB
ftr-441	1977	19	,	,	PUNCT
ftr-441	1977	20	this	this	PRON
ftr-441	1977	21	might	might	AUX
ftr-441	1977	22	be	be	AUX
ftr-441	1977	23	an	an	DET
ftr-441	1977	24	attractive	attractive	ADJ
ftr-441	1977	25	deal	deal	NOUN
ftr-441	1977	26	.	.	PUNCT
ftr-441	1978	1	consideration	consideration	NOUN
ftr-441	1978	2	was	be	AUX
ftr-441	1978	3	also	also	ADV
ftr-441	1978	4	given	give	VERB
ftr-441	1978	5	to	to	ADP
ftr-441	1978	6	providing	provide	VERB
ftr-441	1978	7	a	a	PRON
ftr-441	1978	8	with	with	ADP
ftr-441	1978	9	an	an	DET
ftr-441	1978	10	exchanged	exchange	VERB
ftr-441	1978	11	basis	basis	NOUN
ftr-441	1978	12	in	in	ADP
ftr-441	1978	13	the	the	DET
ftr-441	1978	14	asset	asset	NOUN
ftr-441	1978	15	distributed	distribute	VERB
ftr-441	1978	16	rather	rather	ADV
ftr-441	1978	17	than	than	ADP
ftr-441	1978	18	a	a	DET
ftr-441	1978	19	transferred	transfer	VERB
ftr-441	1978	20	basis	basis	NOUN
ftr-441	1978	21	whenever	whenever	SCONJ
ftr-441	1978	22	the	the	DET
ftr-441	1978	23	exception	exception	NOUN
ftr-441	1978	24	applies	apply	VERB
ftr-441	1978	25	.	.	PUNCT
ftr-441	1979	1	for	for	ADP
ftr-441	1979	2	example	example	NOUN
ftr-441	1979	3	,	,	PUNCT
ftr-441	1979	4	in	in	ADP
ftr-441	1979	5	example	example	NOUN
ftr-441	1979	6	5	5	NUM
ftr-441	1979	7	,	,	PUNCT
ftr-441	1979	8	a	a	PRON
ftr-441	1979	9	would	would	AUX
ftr-441	1979	10	not	not	PART
ftr-441	1979	11	recognize	recognize	VERB
ftr-441	1979	12	any	any	DET
ftr-441	1979	13	gain	gain	NOUN
ftr-441	1979	14	or	or	CCONJ
ftr-441	1979	15	loss	loss	NOUN
ftr-441	1979	16	and	and	CCONJ
ftr-441	1979	17	would	would	AUX
ftr-441	1979	18	simply	simply	ADV
ftr-441	1979	19	receive	receive	VERB
ftr-441	1979	20	a	a	DET
ftr-441	1979	21	$	$	SYM
ftr-441	1979	22	150	150	NUM
ftr-441	1979	23	basis	basis	NOUN
ftr-441	1979	24	in	in	ADP
ftr-441	1979	25	the	the	DET
ftr-441	1979	26	property	property	NOUN
ftr-441	1979	27	distributed	distribute	VERB
ftr-441	1979	28	..	..	PUNCT
ftr-441	1979	29	current	current	ADJ
ftr-441	1979	30	19991	19991	NUM
ftr-441	1979	31	florida	florida	PROPN
ftr-441	1979	32	tax	tax	PROPN
ftr-441	1979	33	review	review	PROPN
ftr-441	1979	34	partnership	partnership	NOUN
ftr-441	1979	35	tax	tax	NOUN
ftr-441	1979	36	law	law	NOUN
ftr-441	1979	37	generally	generally	ADV
ftr-441	1979	38	follows	follow	VERB
ftr-441	1979	39	this	this	PRON
ftr-441	1979	40	approach279	approach279	PROPN
ftr-441	1980	1	but	but	CCONJ
ftr-441	1980	2	it	it	PRON
ftr-441	1980	3	raises	raise	VERB
ftr-441	1980	4	many	many	ADJ
ftr-441	1980	5	difficult	difficult	ADJ
ftr-441	1980	6	questions	question	NOUN
ftr-441	1980	7	.	.	PUNCT
ftr-441	1981	1	for	for	ADP
ftr-441	1981	2	instance	instance	NOUN
ftr-441	1981	3	,	,	PUNCT
ftr-441	1981	4	should	should	AUX
ftr-441	1981	5	there	there	PRON
ftr-441	1981	6	be	be	AUX
ftr-441	1981	7	any	any	DET
ftr-441	1981	8	tax	tax	NOUN
ftr-441	1981	9	consequences	consequence	NOUN
ftr-441	1981	10	to	to	ADP
ftr-441	1981	11	the	the	DET
ftr-441	1981	12	spbf	spbf	NOUN
ftr-441	1981	13	,	,	PUNCT
ftr-441	1981	14	either	either	CCONJ
ftr-441	1981	15	in	in	ADP
ftr-441	1981	16	terms	term	NOUN
ftr-441	1981	17	of	of	ADP
ftr-441	1981	18	income	income	NOUN
ftr-441	1981	19	recognition	recognition	NOUN
ftr-441	1981	20	or	or	CCONJ
ftr-441	1981	21	reduction	reduction	NOUN
ftr-441	1981	22	in	in	ADP
ftr-441	1981	23	basis	basis	NOUN
ftr-441	1981	24	of	of	ADP
ftr-441	1981	25	other	other	ADJ
ftr-441	1981	26	assets	asset	NOUN
ftr-441	1981	27	,	,	PUNCT
ftr-441	1981	28	to	to	PART
ftr-441	1981	29	reflect	reflect	VERB
ftr-441	1981	30	the	the	DET
ftr-441	1981	31	increase	increase	NOUN
ftr-441	1981	32	in	in	ADP
ftr-441	1981	33	the	the	DET
ftr-441	1981	34	asset	asset	NOUN
ftr-441	1981	35	's	's	PART
ftr-441	1981	36	basis	basis	NOUN
ftr-441	1981	37	from	from	ADP
ftr-441	1981	38	$	$	SYM
ftr-441	1981	39	30	30	NUM
ftr-441	1981	40	to	to	PART
ftr-441	1981	41	$	$	SYM
ftr-441	1981	42	150?80	150?80	NUM
ftr-441	1981	43	if	if	SCONJ
ftr-441	1981	44	the	the	DET
ftr-441	1981	45	spbf	spbf	NOUN
ftr-441	1981	46	were	be	AUX
ftr-441	1981	47	required	require	VERB
ftr-441	1981	48	to	to	PART
ftr-441	1981	49	recognize	recognize	VERB
ftr-441	1981	50	income	income	NOUN
ftr-441	1981	51	,	,	PUNCT
ftr-441	1981	52	how	how	SCONJ
ftr-441	1981	53	should	should	AUX
ftr-441	1981	54	its	its	PRON
ftr-441	1981	55	character	character	NOUN
ftr-441	1981	56	be	be	AUX
ftr-441	1981	57	determined	determine	VERB
ftr-441	1981	58	?	?	PUNCT
ftr-441	1982	1	if	if	SCONJ
ftr-441	1982	2	inside	inside	ADJ
ftr-441	1982	3	basis	basis	NOUN
ftr-441	1982	4	were	be	AUX
ftr-441	1982	5	reduced	reduce	VERB
ftr-441	1982	6	,	,	PUNCT
ftr-441	1982	7	how	how	SCONJ
ftr-441	1982	8	should	should	AUX
ftr-441	1982	9	the	the	DET
ftr-441	1982	10	decreases	decrease	NOUN
ftr-441	1982	11	be	be	AUX
ftr-441	1982	12	allocated?2	allocated?2	ADJ
ftr-441	1982	13	"	"	PUNCT
ftr-441	1982	14	'	'	PUNCT
ftr-441	1982	15	and	and	CCONJ
ftr-441	1982	16	if	if	SCONJ
ftr-441	1982	17	more	more	ADJ
ftr-441	1982	18	than	than	ADP
ftr-441	1982	19	one	one	NUM
ftr-441	1982	20	asset	asset	NOUN
ftr-441	1982	21	were	be	AUX
ftr-441	1982	22	distributed	distribute	VERB
ftr-441	1982	23	,	,	PUNCT
ftr-441	1982	24	or	or	CCONJ
ftr-441	1982	25	some	some	DET
ftr-441	1982	26	combination	combination	NOUN
ftr-441	1982	27	of	of	ADP
ftr-441	1982	28	money	money	NOUN
ftr-441	1982	29	and	and	CCONJ
ftr-441	1982	30	assets	asset	NOUN
ftr-441	1982	31	,	,	PUNCT
ftr-441	1982	32	how	how	SCONJ
ftr-441	1982	33	should	should	AUX
ftr-441	1982	34	the	the	DET
ftr-441	1982	35	distributee	distributee	NOUN
ftr-441	1982	36	's	's	PART
ftr-441	1982	37	outside	outside	ADJ
ftr-441	1982	38	basis	basis	NOUN
ftr-441	1982	39	be	be	AUX
ftr-441	1982	40	allocated	allocate	VERB
ftr-441	1982	41	among	among	ADP
ftr-441	1982	42	the	the	DET
ftr-441	1982	43	properties	property	NOUN
ftr-441	1982	44	received	receive	VERB
ftr-441	1982	45	?	?	PUNCT
ftr-441	1983	1	282	282	NUM
ftr-441	1983	2	it	it	PRON
ftr-441	1983	3	seemed	seem	VERB
ftr-441	1983	4	unlikely	unlikely	ADJ
ftr-441	1983	5	that	that	SCONJ
ftr-441	1983	6	these	these	PRON
ftr-441	1983	7	and	and	CCONJ
ftr-441	1983	8	other	other	ADJ
ftr-441	1983	9	questions	question	NOUN
ftr-441	1983	10	could	could	AUX
ftr-441	1983	11	be	be	AUX
ftr-441	1983	12	satisfactorily	satisfactorily	ADV
ftr-441	1983	13	resolved	resolve	VERB
ftr-441	1983	14	without	without	ADP
ftr-441	1983	15	a	a	DET
ftr-441	1983	16	degree	degree	NOUN
ftr-441	1983	17	of	of	ADP
ftr-441	1983	18	complication	complication	NOUN
ftr-441	1983	19	inconsistent	inconsistent	ADJ
ftr-441	1983	20	with	with	ADP
ftr-441	1983	21	the	the	DET
ftr-441	1983	22	goals	goal	NOUN
ftr-441	1983	23	of	of	ADP
ftr-441	1983	24	the	the	DET
ftr-441	1983	25	spbf	spbf	ADJ
ftr-441	1983	26	system	system	NOUN
ftr-441	1983	27	.	.	PUNCT
ftr-441	1984	1	in	in	ADP
ftr-441	1984	2	contrast	contrast	NOUN
ftr-441	1984	3	,	,	PUNCT
ftr-441	1984	4	application	application	NOUN
ftr-441	1984	5	of	of	ADP
ftr-441	1984	6	the	the	DET
ftr-441	1984	7	proposed	propose	VERB
ftr-441	1984	8	general	general	ADJ
ftr-441	1984	9	rule	rule	NOUN
ftr-441	1984	10	for	for	ADP
ftr-441	1984	11	distributions	distribution	NOUN
ftr-441	1984	12	would	would	AUX
ftr-441	1984	13	seem	seem	VERB
ftr-441	1984	14	to	to	PART
ftr-441	1984	15	provide	provide	VERB
ftr-441	1984	16	the	the	DET
ftr-441	1984	17	taxpayer	taxpayer	NOUN
ftr-441	1984	18	with	with	ADP
ftr-441	1984	19	a	a	DET
ftr-441	1984	20	perfectly	perfectly	ADV
ftr-441	1984	21	acceptable	acceptable	ADJ
ftr-441	1984	22	result	result	NOUN
ftr-441	1984	23	:	:	PUNCT
ftr-441	1984	24	example	example	NOUN
ftr-441	1984	25	6	6	NUM
ftr-441	1984	26	.	.	NOUN
ftr-441	1984	27	same	same	ADJ
ftr-441	1984	28	facts	fact	NOUN
ftr-441	1984	29	as	as	ADP
ftr-441	1984	30	example	example	NOUN
ftr-441	1984	31	5	5	NUM
ftr-441	1984	32	,	,	PUNCT
ftr-441	1984	33	except	except	SCONJ
ftr-441	1984	34	that	that	SCONJ
ftr-441	1984	35	the	the	DET
ftr-441	1984	36	spbf	spbf	NOUN
ftr-441	1984	37	elects	elect	NOUN
ftr-441	1984	38	out	out	ADP
ftr-441	1984	39	of	of	ADP
ftr-441	1984	40	the	the	DET
ftr-441	1984	41	special	special	ADJ
ftr-441	1984	42	exception	exception	NOUN
ftr-441	1984	43	.	.	PUNCT
ftr-441	1985	1	under	under	ADP
ftr-441	1985	2	the	the	DET
ftr-441	1985	3	general	general	ADJ
ftr-441	1985	4	rule	rule	NOUN
ftr-441	1985	5	for	for	ADP
ftr-441	1985	6	distributions	distribution	NOUN
ftr-441	1985	7	,	,	PUNCT
ftr-441	1985	8	the	the	DET
ftr-441	1985	9	spbf	spbf	NOUN
ftr-441	1985	10	must	must	AUX
ftr-441	1985	11	recognize	recognize	VERB
ftr-441	1985	12	$	$	SYM
ftr-441	1985	13	120	120	NUM
ftr-441	1985	14	in	in	ADP
ftr-441	1985	15	capital	capital	NOUN
ftr-441	1985	16	gain	gain	NOUN
ftr-441	1985	17	on	on	ADP
ftr-441	1985	18	the	the	DET
ftr-441	1985	19	liquidating	liquidate	VERB
ftr-441	1985	20	distribution	distribution	NOUN
ftr-441	1985	21	and	and	CCONJ
ftr-441	1985	22	such	such	ADJ
ftr-441	1985	23	gain	gain	NOUN
ftr-441	1985	24	is	be	AUX
ftr-441	1985	25	passed	pass	VERB
ftr-441	1985	26	through	through	ADP
ftr-441	1985	27	to	to	ADP
ftr-441	1985	28	a	a	PRON
ftr-441	1985	29	,	,	PUNCT
ftr-441	1985	30	increasing	increase	VERB
ftr-441	1985	31	outside	outside	ADP
ftr-441	1985	32	basis	basis	NOUN
ftr-441	1985	33	to	to	ADP
ftr-441	1985	34	$	$	SYM
ftr-441	1985	35	270	270	NUM
ftr-441	1985	36	.	.	PUNCT
ftr-441	1986	1	thus	thus	ADV
ftr-441	1986	2	,	,	PUNCT
ftr-441	1986	3	a	a	PRON
ftr-441	1986	4	would	would	AUX
ftr-441	1986	5	also	also	ADV
ftr-441	1986	6	recognize	recognize	VERB
ftr-441	1986	7	a	a	DET
ftr-441	1986	8	$	$	SYM
ftr-441	1986	9	120	120	NUM
ftr-441	1986	10	capital	capital	NOUN
ftr-441	1986	11	loss	loss	NOUN
ftr-441	1986	12	on	on	ADP
ftr-441	1986	13	the	the	DET
ftr-441	1986	14	distribution	distribution	NOUN
ftr-441	1986	15	,	,	PUNCT
ftr-441	1986	16	which	which	PRON
ftr-441	1986	17	would	would	AUX
ftr-441	1986	18	offset	offset	VERB
ftr-441	1986	19	the	the	DET
ftr-441	1986	20	$	$	SYM
ftr-441	1986	21	120	120	NUM
ftr-441	1986	22	passthrough	passthrough	NOUN
ftr-441	1986	23	gain	gain	NOUN
ftr-441	1986	24	.	.	PUNCT
ftr-441	1987	1	a	a	PRON
ftr-441	1987	2	would	would	AUX
ftr-441	1987	3	receive	receive	VERB
ftr-441	1987	4	a	a	DET
ftr-441	1987	5	fair	fair	ADJ
ftr-441	1987	6	market	market	NOUN
ftr-441	1987	7	value	value	NOUN
ftr-441	1987	8	basis	basis	NOUN
ftr-441	1987	9	of	of	ADP
ftr-441	1987	10	$	$	SYM
ftr-441	1987	11	150	150	NUM
ftr-441	1987	12	in	in	ADP
ftr-441	1987	13	the	the	DET
ftr-441	1987	14	asset	asset	NOUN
ftr-441	1987	15	distributed	distribute	VERB
ftr-441	1987	16	.	.	PUNCT
ftr-441	1988	1	this	this	DET
ftr-441	1988	2	result	result	NOUN
ftr-441	1988	3	is	be	AUX
ftr-441	1988	4	exactly	exactly	ADV
ftr-441	1988	5	the	the	DET
ftr-441	1988	6	same	same	ADJ
ftr-441	1988	7	as	as	ADP
ftr-441	1988	8	the	the	DET
ftr-441	1988	9	one	one	NOUN
ftr-441	1988	10	that	that	PRON
ftr-441	1988	11	would	would	AUX
ftr-441	1988	12	have	have	AUX
ftr-441	1988	13	been	be	AUX
ftr-441	1988	14	obtained	obtain	VERB
ftr-441	1988	15	by	by	ADP
ftr-441	1988	16	a	a	DET
ftr-441	1988	17	had	have	AUX
ftr-441	1988	18	the	the	DET
ftr-441	1988	19	transaction	transaction	NOUN
ftr-441	1988	20	involved	involve	VERB
ftr-441	1988	21	the	the	DET
ftr-441	1988	22	straight	straight	ADJ
ftr-441	1988	23	purchase	purchase	NOUN
ftr-441	1988	24	and	and	CCONJ
ftr-441	1988	25	sale	sale	NOUN
ftr-441	1988	26	of	of	ADP
ftr-441	1988	27	the	the	DET
ftr-441	1988	28	asset	asset	NOUN
ftr-441	1988	29	with	with	ADP
ftr-441	1988	30	b.	b.	PROPN
ftr-441	1988	31	although	although	SCONJ
ftr-441	1988	32	an	an	DET
ftr-441	1988	33	election	election	NOUN
ftr-441	1988	34	introduces	introduce	VERB
ftr-441	1988	35	its	its	PRON
ftr-441	1988	36	own	own	ADJ
ftr-441	1988	37	complexities	complexity	NOUN
ftr-441	1988	38	,	,	PUNCT
ftr-441	1988	39	it	it	PRON
ftr-441	1988	40	would	would	AUX
ftr-441	1988	41	seem	seem	VERB
ftr-441	1988	42	to	to	PART
ftr-441	1988	43	be	be	AUX
ftr-441	1988	44	the	the	DET
ftr-441	1988	45	simplest	simple	ADJ
ftr-441	1988	46	solution	solution	NOUN
ftr-441	1988	47	in	in	ADP
ftr-441	1988	48	this	this	DET
ftr-441	1988	49	case	case	NOUN
ftr-441	1988	50	.	.	PUNCT
ftr-441	1989	1	the	the	DET
ftr-441	1989	2	"	"	PUNCT
ftr-441	1989	3	mere	mere	ADJ
ftr-441	1989	4	change	change	NOUN
ftr-441	1989	5	in	in	ADP
ftr-441	1989	6	form	form	NOUN
ftr-441	1989	7	"	"	PUNCT
ftr-441	1989	8	exception	exception	NOUN
ftr-441	1989	9	is	be	AUX
ftr-441	1989	10	intended	intend	VERB
ftr-441	1989	11	as	as	ADP
ftr-441	1989	12	a	a	DET
ftr-441	1989	13	relief	relief	NOUN
ftr-441	1989	14	provision	provision	NOUN
ftr-441	1989	15	and	and	CCONJ
ftr-441	1989	16	where	where	SCONJ
ftr-441	1989	17	it	it	PRON
ftr-441	1989	18	produces	produce	VERB
ftr-441	1989	19	an	an	DET
ftr-441	1989	20	undesirable	undesirable	ADJ
ftr-441	1989	21	result	result	NOUN
ftr-441	1989	22	,	,	PUNCT
ftr-441	1989	23	taxpayers	taxpayer	NOUN
ftr-441	1989	24	should	should	AUX
ftr-441	1989	25	be	be	AUX
ftr-441	1989	26	provided	provide	VERB
ftr-441	1989	27	with	with	ADP
ftr-441	1989	28	a	a	DET
ftr-441	1989	29	way	way	NOUN
ftr-441	1989	30	out	out	ADP
ftr-441	1989	31	of	of	ADP
ftr-441	1989	32	it	it	PRON
ftr-441	1989	33	.	.	PUNCT
ftr-441	1990	1	failure	failure	NOUN
ftr-441	1990	2	to	to	PART
ftr-441	1990	3	provide	provide	VERB
ftr-441	1990	4	an	an	DET
ftr-441	1990	5	explicit	explicit	ADJ
ftr-441	1990	6	election	election	NOUN
ftr-441	1990	7	would	would	AUX
ftr-441	1990	8	simply	simply	ADV
ftr-441	1990	9	give	give	VERB
ftr-441	1990	10	advantage	advantage	NOUN
ftr-441	1990	11	to	to	ADP
ftr-441	1990	12	the	the	DET
ftr-441	1990	13	well	well	ADV
ftr-441	1990	14	-	-	PUNCT
ftr-441	1990	15	advised	advise	VERB
ftr-441	1990	16	who	who	PRON
ftr-441	1990	17	would	would	AUX
ftr-441	1990	18	"	"	PUNCT
ftr-441	1990	19	elect	elect	VERB
ftr-441	1990	20	"	"	PUNCT
ftr-441	1990	21	out	out	ADP
ftr-441	1990	22	in	in	ADP
ftr-441	1990	23	a	a	DET
ftr-441	1990	24	transactional	transactional	ADJ
ftr-441	1990	25	manner	manner	NOUN
ftr-441	1990	26	.	.	PUNCT
ftr-441	1991	1	because	because	SCONJ
ftr-441	1991	2	in	in	ADP
ftr-441	1991	3	most	most	ADJ
ftr-441	1991	4	cases	case	NOUN
ftr-441	1991	5	,	,	PUNCT
ftr-441	1991	6	however	however	ADV
ftr-441	1991	7	,	,	PUNCT
ftr-441	1991	8	the	the	DET
ftr-441	1991	9	exception	exception	NOUN
ftr-441	1991	10	would	would	AUX
ftr-441	1991	11	be	be	AUX
ftr-441	1991	12	advantageous	advantageous	ADJ
ftr-441	1991	13	to	to	ADP
ftr-441	1991	14	taxpayers	taxpayer	NOUN
ftr-441	1991	15	,	,	PUNCT
ftr-441	1991	16	the	the	DET
ftr-441	1991	17	proposal	proposal	NOUN
ftr-441	1991	18	provides	provide	VERB
ftr-441	1991	19	that	that	SCONJ
ftr-441	1991	20	taxpayers	taxpayer	NOUN
ftr-441	1991	21	must	must	AUX
ftr-441	1991	22	affirmatively	affirmatively	ADV
ftr-441	1991	23	elect	elect	VERB
ftr-441	1991	24	out	out	ADP
ftr-441	1991	25	of	of	ADP
ftr-441	1991	26	the	the	DET
ftr-441	1991	27	exception	exception	NOUN
ftr-441	1991	28	.	.	PUNCT
ftr-441	1992	1	279	279	NUM
ftr-441	1992	2	.	.	PUNCT
ftr-441	1992	3	see	see	VERB
ftr-441	1992	4	irc	irc	PROPN
ftr-441	1992	5	§	§	PROPN
ftr-441	1992	6	732(b	732(b	PROPN
ftr-441	1992	7	)	)	PUNCT
ftr-441	1992	8	.	.	PUNCT
ftr-441	1993	1	280	280	NUM
ftr-441	1993	2	.	.	X
ftr-441	1994	1	under	under	ADP
ftr-441	1994	2	partnership	partnership	NOUN
ftr-441	1994	3	law	law	NOUN
ftr-441	1994	4	,	,	PUNCT
ftr-441	1994	5	if	if	SCONJ
ftr-441	1994	6	a	a	DET
ftr-441	1994	7	§	§	PROPN
ftr-441	1994	8	754	754	NUM
ftr-441	1994	9	election	election	NOUN
ftr-441	1994	10	is	be	AUX
ftr-441	1994	11	in	in	ADP
ftr-441	1994	12	effect	effect	NOUN
ftr-441	1994	13	,	,	PUNCT
ftr-441	1994	14	the	the	DET
ftr-441	1994	15	partnership	partnership	NOUN
ftr-441	1994	16	would	would	AUX
ftr-441	1994	17	have	have	VERB
ftr-441	1994	18	to	to	PART
ftr-441	1994	19	reduce	reduce	VERB
ftr-441	1994	20	its	its	PRON
ftr-441	1994	21	basis	basis	NOUN
ftr-441	1994	22	in	in	ADP
ftr-441	1994	23	other	other	ADJ
ftr-441	1994	24	assets	asset	NOUN
ftr-441	1994	25	by	by	ADP
ftr-441	1994	26	the	the	DET
ftr-441	1994	27	$	$	SYM
ftr-441	1994	28	120	120	NUM
ftr-441	1994	29	.	.	PUNCT
ftr-441	1995	1	see	see	VERB
ftr-441	1995	2	irc	irc	PROPN
ftr-441	1995	3	§	§	PROPN
ftr-441	1995	4	734(b)(2)(b	734(b)(2)(b	PROPN
ftr-441	1995	5	)	)	PUNCT
ftr-441	1995	6	.	.	PUNCT
ftr-441	1996	1	281	281	NUM
ftr-441	1996	2	.	.	PUNCT
ftr-441	1997	1	under	under	ADP
ftr-441	1997	2	partnership	partnership	NOUN
ftr-441	1997	3	law	law	NOUN
ftr-441	1997	4	,	,	PUNCT
ftr-441	1997	5	basis	basis	NOUN
ftr-441	1997	6	reductions	reduction	NOUN
ftr-441	1997	7	must	must	AUX
ftr-441	1997	8	generally	generally	ADV
ftr-441	1997	9	be	be	AUX
ftr-441	1997	10	allocated	allocate	VERB
ftr-441	1997	11	to	to	AUX
ftr-441	1997	12	partnership	partnership	NOUN
ftr-441	1997	13	property	property	NOUN
ftr-441	1997	14	of	of	ADP
ftr-441	1997	15	"	"	PUNCT
ftr-441	1997	16	like	like	ADP
ftr-441	1997	17	character	character	NOUN
ftr-441	1997	18	"	"	PUNCT
ftr-441	1997	19	to	to	ADP
ftr-441	1997	20	the	the	DET
ftr-441	1997	21	property	property	NOUN
ftr-441	1997	22	distributed	distribute	VERB
ftr-441	1997	23	,	,	PUNCT
ftr-441	1997	24	although	although	SCONJ
ftr-441	1997	25	there	there	PRON
ftr-441	1997	26	are	be	VERB
ftr-441	1997	27	anomalies	anomaly	NOUN
ftr-441	1997	28	in	in	ADP
ftr-441	1997	29	the	the	DET
ftr-441	1997	30	allocation	allocation	NOUN
ftr-441	1997	31	process	process	NOUN
ftr-441	1997	32	.	.	PUNCT
ftr-441	1998	1	see	see	VERB
ftr-441	1998	2	irc	irc	PROPN
ftr-441	1998	3	§	§	PROPN
ftr-441	1998	4	755	755	NUM
ftr-441	1998	5	.	.	NOUN
ftr-441	1998	6	282	282	NUM
ftr-441	1998	7	.	.	PUNCT
ftr-441	1999	1	the	the	DET
ftr-441	1999	2	partnership	partnership	NOUN
ftr-441	1999	3	law	law	NOUN
ftr-441	1999	4	rules	rule	NOUN
ftr-441	1999	5	are	be	AUX
ftr-441	1999	6	provided	provide	VERB
ftr-441	1999	7	by	by	ADP
ftr-441	1999	8	§	§	PROPN
ftr-441	1999	9	732(c	732(c	PROPN
ftr-441	1999	10	)	)	PUNCT
ftr-441	1999	11	,	,	PUNCT
ftr-441	1999	12	as	as	SCONJ
ftr-441	1999	13	amended	amend	VERB
ftr-441	1999	14	in	in	ADP
ftr-441	1999	15	1997	1997	NUM
ftr-441	1999	16	.	.	PUNCT
ftr-441	2000	1	[	[	X
ftr-441	2000	2	vol	vol	NOUN
ftr-441	2000	3	4:3	4:3	NUM
ftr-441	2000	4	the	the	DET
ftr-441	2000	5	future	future	ADJ
ftr-441	2000	6	taxation	taxation	NOUN
ftr-441	2000	7	of	of	ADP
ftr-441	2000	8	private	private	ADJ
ftr-441	2000	9	business	business	NOUN
ftr-441	2000	10	firms	firm	NOUN
ftr-441	2000	11	iv	iv	X
ftr-441	2000	12	.	.	PUNCT
ftr-441	2001	1	other	other	ADJ
ftr-441	2001	2	rules	rule	NOUN
ftr-441	2001	3	not	not	PART
ftr-441	2001	4	included.-in	included.-in	VERB
ftr-441	2001	5	view	view	NOUN
ftr-441	2001	6	of	of	ADP
ftr-441	2001	7	the	the	DET
ftr-441	2001	8	proposed	propose	VERB
ftr-441	2001	9	rules	rule	NOUN
ftr-441	2001	10	for	for	ADP
ftr-441	2001	11	spbf	spbf	ADJ
ftr-441	2001	12	contributions	contribution	NOUN
ftr-441	2001	13	and	and	CCONJ
ftr-441	2001	14	distributions	distribution	NOUN
ftr-441	2001	15	,	,	PUNCT
ftr-441	2001	16	sections	section	NOUN
ftr-441	2001	17	704(c)(1)(b	704(c)(1)(b	NUM
ftr-441	2001	18	)	)	PUNCT
ftr-441	2001	19	,	,	PUNCT
ftr-441	2001	20	737	737	NUM
ftr-441	2001	21	,	,	PUNCT
ftr-441	2001	22	and	and	CCONJ
ftr-441	2001	23	731(c	731(c	NUM
ftr-441	2001	24	)	)	PUNCT
ftr-441	2001	25	are	be	AUX
ftr-441	2001	26	unnecessary	unnecessary	ADJ
ftr-441	2001	27	and	and	CCONJ
ftr-441	2001	28	not	not	PART
ftr-441	2001	29	included	include	VERB
ftr-441	2001	30	in	in	ADP
ftr-441	2001	31	the	the	DET
ftr-441	2001	32	spbf	spbf	ADJ
ftr-441	2001	33	system	system	NOUN
ftr-441	2001	34	.	.	PUNCT
ftr-441	2002	1	although	although	SCONJ
ftr-441	2002	2	section	section	NOUN
ftr-441	2002	3	751(b	751(b	PROPN
ftr-441	2002	4	)	)	PUNCT
ftr-441	2002	5	is	be	AUX
ftr-441	2002	6	not	not	PART
ftr-441	2002	7	made	make	VERB
ftr-441	2002	8	completely	completely	ADV
ftr-441	2002	9	superfluous	superfluous	ADJ
ftr-441	2002	10	by	by	ADP
ftr-441	2002	11	the	the	DET
ftr-441	2002	12	proposals	proposal	NOUN
ftr-441	2002	13	-	-	PUNCT
ftr-441	2002	14	for	for	ADP
ftr-441	2002	15	example	example	NOUN
ftr-441	2002	16	,	,	PUNCT
ftr-441	2002	17	a	a	DET
ftr-441	2002	18	non	non	ADJ
ftr-441	2002	19	-	-	ADJ
ftr-441	2002	20	pro	pro	ADJ
ftr-441	2002	21	rata	rata	ADJ
ftr-441	2002	22	cash	cash	NOUN
ftr-441	2002	23	distribution	distribution	NOUN
ftr-441	2002	24	might	might	AUX
ftr-441	2002	25	trigger	trigger	VERB
ftr-441	2002	26	tax	tax	NOUN
ftr-441	2002	27	consequences	consequence	NOUN
ftr-441	2002	28	under	under	ADP
ftr-441	2002	29	that	that	DET
ftr-441	2002	30	provision	provision	NOUN
ftr-441	2002	31	but	but	CCONJ
ftr-441	2002	32	not	not	PART
ftr-441	2002	33	under	under	ADP
ftr-441	2002	34	existing	exist	VERB
ftr-441	2002	35	subchapter	subchapter	NOUN
ftr-441	2002	36	s	s	NOUN
ftr-441	2002	37	-	-	PUNCT
ftr-441	2002	38	it	it	PRON
ftr-441	2002	39	is	be	AUX
ftr-441	2002	40	also	also	ADV
ftr-441	2002	41	not	not	PART
ftr-441	2002	42	included	include	VERB
ftr-441	2002	43	in	in	ADP
ftr-441	2002	44	the	the	DET
ftr-441	2002	45	spbf	spbf	ADJ
ftr-441	2002	46	system	system	NOUN
ftr-441	2002	47	.	.	PUNCT
ftr-441	2003	1	discussion	discussion	NOUN
ftr-441	2003	2	of	of	ADP
ftr-441	2003	3	section	section	NOUN
ftr-441	2003	4	751(b	751(b	PROPN
ftr-441	2003	5	)	)	PUNCT
ftr-441	2003	6	,	,	PUNCT
ftr-441	2003	7	however	however	ADV
ftr-441	2003	8	,	,	PUNCT
ftr-441	2003	9	as	as	ADV
ftr-441	2003	10	well	well	ADV
ftr-441	2003	11	as	as	ADP
ftr-441	2003	12	whether	whether	SCONJ
ftr-441	2003	13	sections	section	NOUN
ftr-441	2003	14	724	724	NUM
ftr-441	2003	15	and	and	CCONJ
ftr-441	2003	16	735	735	NUM
ftr-441	2003	17	and	and	CCONJ
ftr-441	2003	18	the	the	DET
ftr-441	2003	19	collapsible	collapsible	ADJ
ftr-441	2003	20	corporation	corporation	NOUN
ftr-441	2003	21	rules	rule	NOUN
ftr-441	2003	22	should	should	AUX
ftr-441	2003	23	be	be	AUX
ftr-441	2003	24	included	include	VERB
ftr-441	2003	25	in	in	ADP
ftr-441	2003	26	the	the	DET
ftr-441	2003	27	spbf	spbf	ADJ
ftr-441	2003	28	system	system	NOUN
ftr-441	2003	29	,	,	PUNCT
ftr-441	2003	30	is	be	AUX
ftr-441	2003	31	included	include	VERB
ftr-441	2003	32	in	in	ADP
ftr-441	2003	33	a	a	DET
ftr-441	2003	34	following	follow	VERB
ftr-441	2003	35	section	section	NOUN
ftr-441	2003	36	.	.	PUNCT
ftr-441	2004	1	certain	certain	ADJ
ftr-441	2004	2	highly	highly	ADV
ftr-441	2004	3	publicized	publicize	VERB
ftr-441	2004	4	transactions	transaction	NOUN
ftr-441	2004	5	continue	continue	VERB
ftr-441	2004	6	to	to	PART
ftr-441	2004	7	justify	justify	VERB
ftr-441	2004	8	the	the	DET
ftr-441	2004	9	need	need	NOUN
ftr-441	2004	10	for	for	ADP
ftr-441	2004	11	effective	effective	ADJ
ftr-441	2004	12	disguised	disguised	ADJ
ftr-441	2004	13	sale	sale	NOUN
ftr-441	2004	14	rules	rule	NOUN
ftr-441	2004	15	.	.	PUNCT
ftr-441	2005	1	3	3	NUM
ftr-441	2005	2	in	in	ADP
ftr-441	2005	3	addition	addition	NOUN
ftr-441	2005	4	,	,	PUNCT
ftr-441	2005	5	at	at	ADP
ftr-441	2005	6	a	a	DET
ftr-441	2005	7	much	much	ADV
ftr-441	2005	8	less	less	ADV
ftr-441	2005	9	publicized	publicize	VERB
ftr-441	2005	10	level	level	NOUN
ftr-441	2005	11	,	,	PUNCT
ftr-441	2005	12	there	there	PRON
ftr-441	2005	13	appears	appear	VERB
ftr-441	2005	14	to	to	PART
ftr-441	2005	15	be	be	AUX
ftr-441	2005	16	widespread	widespread	ADJ
ftr-441	2005	17	noncompliance	noncompliance	NOUN
ftr-441	2005	18	in	in	ADP
ftr-441	2005	19	that	that	DET
ftr-441	2005	20	area	area	NOUN
ftr-441	2005	21	.	.	PUNCT
ftr-441	2006	1	in	in	ADP
ftr-441	2006	2	a	a	DET
ftr-441	2006	3	recent	recent	ADJ
ftr-441	2006	4	poll	poll	NOUN
ftr-441	2006	5	,	,	PUNCT
ftr-441	2006	6	a	a	DET
ftr-441	2006	7	cross	cross	NOUN
ftr-441	2006	8	-	-	NOUN
ftr-441	2006	9	section	section	NOUN
ftr-441	2006	10	of	of	ADP
ftr-441	2006	11	accountants	accountant	NOUN
ftr-441	2006	12	were	be	AUX
ftr-441	2006	13	asked	ask	VERB
ftr-441	2006	14	to	to	PART
ftr-441	2006	15	identify	identify	VERB
ftr-441	2006	16	their	their	PRON
ftr-441	2006	17	prime	prime	ADJ
ftr-441	2006	18	targets	target	NOUN
ftr-441	2006	19	for	for	ADP
ftr-441	2006	20	irs	irs	PROPN
ftr-441	2006	21	audit	audit	NOUN
ftr-441	2006	22	if	if	SCONJ
ftr-441	2006	23	they	they	PRON
ftr-441	2006	24	were	be	AUX
ftr-441	2006	25	to	to	PART
ftr-441	2006	26	receive	receive	VERB
ftr-441	2006	27	compensation	compensation	NOUN
ftr-441	2006	28	equal	equal	ADJ
ftr-441	2006	29	to	to	ADP
ftr-441	2006	30	a	a	DET
ftr-441	2006	31	percentage	percentage	NOUN
ftr-441	2006	32	of	of	ADP
ftr-441	2006	33	any	any	DET
ftr-441	2006	34	additional	additional	ADJ
ftr-441	2006	35	tax	tax	NOUN
ftr-441	2006	36	discovered	discover	VERB
ftr-441	2006	37	.	.	PUNCT
ftr-441	2007	1	somewhat	somewhat	ADV
ftr-441	2007	2	astonishingly	astonishingly	ADV
ftr-441	2007	3	,	,	PUNCT
ftr-441	2007	4	the	the	DET
ftr-441	2007	5	"	"	PUNCT
ftr-441	2007	6	use	use	NOUN
ftr-441	2007	7	of	of	ADP
ftr-441	2007	8	partnerships	partnership	NOUN
ftr-441	2007	9	to	to	PART
ftr-441	2007	10	defer	defer	VERB
ftr-441	2007	11	taxation	taxation	NOUN
ftr-441	2007	12	of	of	ADP
ftr-441	2007	13	disguised	disguised	ADJ
ftr-441	2007	14	sales	sale	NOUN
ftr-441	2007	15	"	"	PUNCT
ftr-441	2007	16	was	be	AUX
ftr-441	2007	17	among	among	ADP
ftr-441	2007	18	the	the	DET
ftr-441	2007	19	top	top	ADJ
ftr-441	2007	20	five	five	NUM
ftr-441	2007	21	targets	target	NOUN
ftr-441	2007	22	identified	identify	VERB
ftr-441	2007	23	,	,	PUNCT
ftr-441	2007	24	along	along	ADP
ftr-441	2007	25	with	with	ADP
ftr-441	2007	26	such	such	ADJ
ftr-441	2007	27	common	common	ADJ
ftr-441	2007	28	areas	area	NOUN
ftr-441	2007	29	of	of	ADP
ftr-441	2007	30	noncompliance	noncompliance	NOUN
ftr-441	2007	31	as	as	ADP
ftr-441	2007	32	nanny	nanny	NOUN
ftr-441	2007	33	tax	tax	NOUN
ftr-441	2007	34	situations	situation	NOUN
ftr-441	2007	35	and	and	CCONJ
ftr-441	2007	36	disguised	disguised	ADJ
ftr-441	2007	37	dividends	dividend	NOUN
ftr-441	2007	38	.	.	PUNCT
ftr-441	2007	39	'	'	PUNCT
ftr-441	2008	1	the	the	DET
ftr-441	2008	2	need	need	NOUN
ftr-441	2008	3	for	for	ADP
ftr-441	2008	4	disguised	disguised	ADJ
ftr-441	2008	5	sale	sale	NOUN
ftr-441	2008	6	rules	rule	NOUN
ftr-441	2008	7	is	be	AUX
ftr-441	2008	8	much	much	ADV
ftr-441	2008	9	reduced	reduce	VERB
ftr-441	2008	10	in	in	ADP
ftr-441	2008	11	the	the	DET
ftr-441	2008	12	spbf	spbf	ADJ
ftr-441	2008	13	system	system	NOUN
ftr-441	2008	14	.	.	PUNCT
ftr-441	2009	1	to	to	ADP
ftr-441	2009	2	the	the	DET
ftr-441	2009	3	extent	extent	NOUN
ftr-441	2009	4	the	the	DET
ftr-441	2009	5	transaction	transaction	NOUN
ftr-441	2009	6	involves	involve	VERB
ftr-441	2009	7	a	a	DET
ftr-441	2009	8	property	property	NOUN
ftr-441	2009	9	transfer	transfer	NOUN
ftr-441	2009	10	to	to	ADP
ftr-441	2009	11	or	or	CCONJ
ftr-441	2009	12	distribution	distribution	NOUN
ftr-441	2009	13	from	from	ADP
ftr-441	2009	14	an	an	DET
ftr-441	2009	15	spbf	spbf	NOUN
ftr-441	2009	16	which	which	PRON
ftr-441	2009	17	is	be	AUX
ftr-441	2009	18	taxable	taxable	ADJ
ftr-441	2009	19	under	under	ADP
ftr-441	2009	20	the	the	DET
ftr-441	2009	21	proposed	propose	VERB
ftr-441	2009	22	rules	rule	NOUN
ftr-441	2009	23	for	for	ADP
ftr-441	2009	24	contributions	contribution	NOUN
ftr-441	2009	25	and	and	CCONJ
ftr-441	2009	26	distributions	distribution	NOUN
ftr-441	2009	27	,	,	PUNCT
ftr-441	2009	28	a	a	DET
ftr-441	2009	29	disguised	disguise	VERB
ftr-441	2009	30	sale	sale	NOUN
ftr-441	2009	31	transaction	transaction	NOUN
ftr-441	2009	32	obviously	obviously	ADV
ftr-441	2009	33	does	do	AUX
ftr-441	2009	34	not	not	PART
ftr-441	2009	35	work	work	VERB
ftr-441	2009	36	.	.	PUNCT
ftr-441	2010	1	another	another	DET
ftr-441	2010	2	common	common	ADJ
ftr-441	2010	3	technique	technique	NOUN
ftr-441	2010	4	is	be	AUX
ftr-441	2010	5	to	to	PART
ftr-441	2010	6	use	use	VERB
ftr-441	2010	7	special	special	ADJ
ftr-441	2010	8	allocations	allocation	NOUN
ftr-441	2010	9	to	to	PART
ftr-441	2010	10	effect	effect	VERB
ftr-441	2010	11	the	the	DET
ftr-441	2010	12	disguised	disguised	ADJ
ftr-441	2010	13	exchange	exchange	NOUN
ftr-441	2010	14	of	of	ADP
ftr-441	2010	15	economic	economic	ADJ
ftr-441	2010	16	interests	interest	NOUN
ftr-441	2010	17	but	but	CCONJ
ftr-441	2010	18	the	the	DET
ftr-441	2010	19	spbf	spbf	NOUN
ftr-441	2010	20	rules	rule	NOUN
ftr-441	2010	21	specifically	specifically	ADV
ftr-441	2010	22	restrict	restrict	VERB
ftr-441	2010	23	the	the	DET
ftr-441	2010	24	availability	availability	NOUN
ftr-441	2010	25	of	of	ADP
ftr-441	2010	26	special	special	ADJ
ftr-441	2010	27	allocations	allocation	NOUN
ftr-441	2010	28	.	.	PUNCT
ftr-441	2010	29	'	'	PUNCT
ftr-441	2011	1	but	but	CCONJ
ftr-441	2011	2	the	the	DET
ftr-441	2011	3	need	need	NOUN
ftr-441	2011	4	for	for	ADP
ftr-441	2011	5	anti	anti	ADJ
ftr-441	2011	6	-	-	ADJ
ftr-441	2011	7	disguised	disguised	ADJ
ftr-441	2011	8	sale	sale	NOUN
ftr-441	2011	9	rules	rule	NOUN
ftr-441	2011	10	in	in	ADP
ftr-441	2011	11	the	the	DET
ftr-441	2011	12	spbf	spbf	NOUN
ftr-441	2011	13	system	system	NOUN
ftr-441	2011	14	is	be	AUX
ftr-441	2011	15	not	not	PART
ftr-441	2011	16	completely	completely	ADV
ftr-441	2011	17	eliminated	eliminate	VERB
ftr-441	2011	18	.	.	PUNCT
ftr-441	2012	1	for	for	ADP
ftr-441	2012	2	example	example	NOUN
ftr-441	2012	3	,	,	PUNCT
ftr-441	2012	4	a	a	DET
ftr-441	2012	5	contribution	contribution	NOUN
ftr-441	2012	6	of	of	ADP
ftr-441	2012	7	appreciated	appreciated	ADJ
ftr-441	2012	8	property	property	NOUN
ftr-441	2012	9	to	to	ADP
ftr-441	2012	10	an	an	DET
ftr-441	2012	11	spbf	spbf	NOUN
ftr-441	2012	12	by	by	ADP
ftr-441	2012	13	an	an	DET
ftr-441	2012	14	owner	owner	NOUN
ftr-441	2012	15	with	with	ADP
ftr-441	2012	16	a	a	DET
ftr-441	2012	17	sufficient	sufficient	ADJ
ftr-441	2012	18	interest	interest	NOUN
ftr-441	2012	19	in	in	ADP
ftr-441	2012	20	the	the	DET
ftr-441	2012	21	firm	firm	NOUN
ftr-441	2012	22	might	might	AUX
ftr-441	2012	23	be	be	AUX
ftr-441	2012	24	followed	follow	VERB
ftr-441	2012	25	by	by	ADP
ftr-441	2012	26	a	a	DET
ftr-441	2012	27	cash	cash	NOUN
ftr-441	2012	28	distribution	distribution	NOUN
ftr-441	2012	29	to	to	ADP
ftr-441	2012	30	the	the	DET
ftr-441	2012	31	transferor	transferor	NOUN
ftr-441	2012	32	not	not	PART
ftr-441	2012	33	exceeding	exceed	VERB
ftr-441	2012	34	the	the	DET
ftr-441	2012	35	transferor	transferor	NOUN
ftr-441	2012	36	's	's	PART
ftr-441	2012	37	basis	basis	NOUN
ftr-441	2012	38	in	in	ADP
ftr-441	2012	39	the	the	DET
ftr-441	2012	40	property	property	NOUN
ftr-441	2012	41	contributed	contribute	VERB
ftr-441	2012	42	.	.	PUNCT
ftr-441	2013	1	if	if	SCONJ
ftr-441	2013	2	respected	respect	VERB
ftr-441	2013	3	,	,	PUNCT
ftr-441	2013	4	both	both	DET
ftr-441	2013	5	transactions	transaction	NOUN
ftr-441	2013	6	would	would	AUX
ftr-441	2013	7	be	be	AUX
ftr-441	2013	8	taxfree	taxfree	NOUN
ftr-441	2013	9	under	under	ADP
ftr-441	2013	10	the	the	DET
ftr-441	2013	11	spbf	spbf	ADJ
ftr-441	2013	12	rules	rule	NOUN
ftr-441	2013	13	(	(	PUNCT
ftr-441	2013	14	as	as	ADV
ftr-441	2013	15	well	well	ADV
ftr-441	2013	16	as	as	ADP
ftr-441	2013	17	under	under	ADP
ftr-441	2013	18	existing	exist	VERB
ftr-441	2013	19	subchapter	subchapter	NOUN
ftr-441	2013	20	s	s	NOUN
ftr-441	2013	21	)	)	PUNCT
ftr-441	2013	22	even	even	ADV
ftr-441	2013	23	though	though	SCONJ
ftr-441	2013	24	they	they	PRON
ftr-441	2013	25	may	may	AUX
ftr-441	2013	26	together	together	ADV
ftr-441	2013	27	constitute	constitute	VERB
ftr-441	2013	28	the	the	DET
ftr-441	2013	29	economic	economic	ADJ
ftr-441	2013	30	equivalent	equivalent	NOUN
ftr-441	2013	31	of	of	ADP
ftr-441	2013	32	a	a	DET
ftr-441	2013	33	partial	partial	ADJ
ftr-441	2013	34	sale	sale	NOUN
ftr-441	2013	35	of	of	ADP
ftr-441	2013	36	the	the	DET
ftr-441	2013	37	property	property	NOUN
ftr-441	2013	38	contributed	contribute	VERB
ftr-441	2013	39	.	.	PUNCT
ftr-441	2014	1	another	another	DET
ftr-441	2014	2	possible	possible	ADJ
ftr-441	2014	3	disguised	disguised	ADJ
ftr-441	2014	4	sale	sale	NOUN
ftr-441	2014	5	opportunity	opportunity	NOUN
ftr-441	2014	6	under	under	ADP
ftr-441	2014	7	the	the	DET
ftr-441	2014	8	proposals	proposal	NOUN
ftr-441	2014	9	is	be	AUX
ftr-441	2014	10	where	where	SCONJ
ftr-441	2014	11	both	both	PRON
ftr-441	2014	12	a	a	DET
ftr-441	2014	13	contribution	contribution	NOUN
ftr-441	2014	14	and	and	CCONJ
ftr-441	2014	15	distribution	distribution	NOUN
ftr-441	2014	16	of	of	ADP
ftr-441	2014	17	property	property	NOUN
ftr-441	2014	18	are	be	AUX
ftr-441	2014	19	283	283	NUM
ftr-441	2014	20	.	.	PUNCT
ftr-441	2015	1	see	see	VERB
ftr-441	2015	2	lee	lee	PROPN
ftr-441	2015	3	a.	a.	PROPN
ftr-441	2015	4	sheppard	sheppard	PROPN
ftr-441	2015	5	,	,	PUNCT
ftr-441	2015	6	using	use	VERB
ftr-441	2015	7	llcs	llcs	NOUN
ftr-441	2015	8	for	for	ADP
ftr-441	2015	9	disguised	disguised	ADJ
ftr-441	2015	10	dividends	dividend	NOUN
ftr-441	2015	11	,	,	PUNCT
ftr-441	2015	12	76	76	NUM
ftr-441	2015	13	tax	tax	NOUN
ftr-441	2015	14	notes	note	NOUN
ftr-441	2015	15	1524	1524	NUM
ftr-441	2015	16	(	(	PUNCT
ftr-441	2015	17	sept	sept	PROPN
ftr-441	2015	18	.	.	PROPN
ftr-441	2015	19	22	22	NUM
ftr-441	2015	20	,	,	PUNCT
ftr-441	2015	21	1997	1997	NUM
ftr-441	2015	22	)	)	PUNCT
ftr-441	2015	23	(	(	PUNCT
ftr-441	2015	24	describing	describe	VERB
ftr-441	2015	25	attempted	attempt	VERB
ftr-441	2015	26	tax	tax	NOUN
ftr-441	2015	27	-	-	PUNCT
ftr-441	2015	28	free	free	ADJ
ftr-441	2015	29	sale	sale	NOUN
ftr-441	2015	30	of	of	ADP
ftr-441	2015	31	hundreds	hundred	NOUN
ftr-441	2015	32	of	of	ADP
ftr-441	2015	33	millions	million	NOUN
ftr-441	2015	34	of	of	ADP
ftr-441	2015	35	dollars	dollar	NOUN
ftr-441	2015	36	worth	worth	ADJ
ftr-441	2015	37	of	of	ADP
ftr-441	2015	38	times	time	NOUN
ftr-441	2015	39	mirror	mirror	NOUN
ftr-441	2015	40	stock	stock	NOUN
ftr-441	2015	41	through	through	ADP
ftr-441	2015	42	use	use	NOUN
ftr-441	2015	43	of	of	ADP
ftr-441	2015	44	disguised	disguised	ADJ
ftr-441	2015	45	sale	sale	NOUN
ftr-441	2015	46	technique	technique	NOUN
ftr-441	2015	47	with	with	ADP
ftr-441	2015	48	an	an	DET
ftr-441	2015	49	llc	llc	NOUN
ftr-441	2015	50	)	)	PUNCT
ftr-441	2015	51	.	.	PUNCT
ftr-441	2016	1	284	284	NUM
ftr-441	2016	2	.	.	PUNCT
ftr-441	2017	1	see	see	VERB
ftr-441	2017	2	burgess	burgess	PROPN
ftr-441	2017	3	j.w	j.w	PROPN
ftr-441	2017	4	.	.	PROPN
ftr-441	2017	5	raby	raby	PROPN
ftr-441	2017	6	&	&	CCONJ
ftr-441	2017	7	william	william	PROPN
ftr-441	2017	8	l.	l.	PROPN
ftr-441	2017	9	raby	raby	PROPN
ftr-441	2017	10	,	,	PUNCT
ftr-441	2017	11	tax	tax	NOUN
ftr-441	2017	12	20	20	NUM
ftr-441	2017	13	forum	forum	NOUN
ftr-441	2017	14	:	:	PUNCT
ftr-441	2017	15	an	an	DET
ftr-441	2017	16	audit	audit	NOUN
ftr-441	2017	17	"	"	PUNCT
ftr-441	2017	18	hit	hit	NOUN
ftr-441	2017	19	list	list	NOUN
ftr-441	2017	20	,	,	PUNCT
ftr-441	2017	21	"	"	PUNCT
ftr-441	2017	22	75	75	NUM
ftr-441	2017	23	tax	tax	NOUN
ftr-441	2017	24	notes	note	NOUN
ftr-441	2017	25	105	105	NUM
ftr-441	2017	26	(	(	PUNCT
ftr-441	2017	27	apr	apr	NOUN
ftr-441	2017	28	.	.	PROPN
ftr-441	2017	29	7	7	NUM
ftr-441	2017	30	,	,	PUNCT
ftr-441	2017	31	1997	1997	NUM
ftr-441	2017	32	)	)	PUNCT
ftr-441	2017	33	.	.	PUNCT
ftr-441	2018	1	285	285	NUM
ftr-441	2018	2	.	.	PUNCT
ftr-441	2019	1	the	the	DET
ftr-441	2019	2	proposal	proposal	NOUN
ftr-441	2019	3	does	do	AUX
ftr-441	2019	4	allow	allow	VERB
ftr-441	2019	5	an	an	DET
ftr-441	2019	6	spbf	spbf	NOUN
ftr-441	2019	7	to	to	PART
ftr-441	2019	8	have	have	VERB
ftr-441	2019	9	preferred	preferred	ADJ
ftr-441	2019	10	interests	interest	NOUN
ftr-441	2019	11	.	.	PUNCT
ftr-441	2020	1	however	however	ADV
ftr-441	2020	2	,	,	PUNCT
ftr-441	2020	3	preferred	preferred	ADJ
ftr-441	2020	4	returns	return	NOUN
ftr-441	2020	5	are	be	AUX
ftr-441	2020	6	less	less	ADV
ftr-441	2020	7	likely	likely	ADJ
ftr-441	2020	8	to	to	PART
ftr-441	2020	9	cause	cause	VERB
ftr-441	2020	10	concern	concern	NOUN
ftr-441	2020	11	under	under	ADP
ftr-441	2020	12	the	the	DET
ftr-441	2020	13	disguised	disguise	VERB
ftr-441	2020	14	sale	sale	NOUN
ftr-441	2020	15	rules	rule	NOUN
ftr-441	2020	16	.	.	PUNCT
ftr-441	2021	1	see	see	VERB
ftr-441	2021	2	regs	reg	NOUN
ftr-441	2021	3	.	.	PUNCT
ftr-441	2022	1	§	§	PROPN
ftr-441	2022	2	1.707	1.707	NUM
ftr-441	2022	3	-	-	SYM
ftr-441	2022	4	4(a)(2	4(a)(2	NUM
ftr-441	2022	5	)	)	PUNCT
ftr-441	2022	6	.	.	PUNCT
ftr-441	2023	1	19991	19991	NUM
ftr-441	2023	2	florida	florida	PROPN
ftr-441	2023	3	tax	tax	NOUN
ftr-441	2023	4	review	review	NOUN
ftr-441	2023	5	tax	tax	NOUN
ftr-441	2023	6	-	-	PUNCT
ftr-441	2023	7	free	free	ADJ
ftr-441	2023	8	due	due	ADP
ftr-441	2023	9	to	to	ADP
ftr-441	2023	10	the	the	DET
ftr-441	2023	11	transferor	transferor	NOUN
ftr-441	2023	12	and	and	CCONJ
ftr-441	2023	13	the	the	DET
ftr-441	2023	14	distributee	distributee	NOUN
ftr-441	2023	15	having	have	VERB
ftr-441	2023	16	a	a	DET
ftr-441	2023	17	sufficient	sufficient	ADJ
ftr-441	2023	18	ownership	ownership	NOUN
ftr-441	2023	19	interest	interest	NOUN
ftr-441	2023	20	in	in	ADP
ftr-441	2023	21	the	the	DET
ftr-441	2023	22	spbf	spbf	NOUN
ftr-441	2023	23	.	.	PUNCT
ftr-441	2024	1	on	on	ADP
ftr-441	2024	2	balance	balance	NOUN
ftr-441	2024	3	,	,	PUNCT
ftr-441	2024	4	the	the	DET
ftr-441	2024	5	reduced	reduce	VERB
ftr-441	2024	6	need	need	NOUN
ftr-441	2024	7	for	for	ADP
ftr-441	2024	8	disguised	disguised	ADJ
ftr-441	2024	9	sale	sale	NOUN
ftr-441	2024	10	rules	rule	NOUN
ftr-441	2024	11	in	in	ADP
ftr-441	2024	12	the	the	DET
ftr-441	2024	13	spbf	spbf	NOUN
ftr-441	2024	14	system	system	NOUN
ftr-441	2024	15	does	do	AUX
ftr-441	2024	16	not	not	PART
ftr-441	2024	17	justify	justify	VERB
ftr-441	2024	18	retention	retention	NOUN
ftr-441	2024	19	of	of	ADP
ftr-441	2024	20	such	such	ADJ
ftr-441	2024	21	complicated	complicated	ADJ
ftr-441	2024	22	provisions	provision	NOUN
ftr-441	2024	23	,	,	PUNCT
ftr-441	2024	24	and	and	CCONJ
ftr-441	2024	25	they	they	PRON
ftr-441	2024	26	are	be	AUX
ftr-441	2024	27	not	not	PART
ftr-441	2024	28	included	include	VERB
ftr-441	2024	29	in	in	ADP
ftr-441	2024	30	the	the	DET
ftr-441	2024	31	spbf	spbf	ADJ
ftr-441	2024	32	system	system	NOUN
ftr-441	2024	33	.	.	PUNCT
ftr-441	2025	1	in	in	ADP
ftr-441	2025	2	the	the	DET
ftr-441	2025	3	two	two	NUM
ftr-441	2025	4	cases	case	NOUN
ftr-441	2025	5	just	just	ADV
ftr-441	2025	6	described	describe	VERB
ftr-441	2025	7	,	,	PUNCT
ftr-441	2025	8	normal	normal	ADJ
ftr-441	2025	9	step	step	NOUN
ftr-441	2025	10	transaction	transaction	NOUN
ftr-441	2025	11	and	and	CCONJ
ftr-441	2025	12	other	other	ADJ
ftr-441	2025	13	substance	substance	NOUN
ftr-441	2025	14	over	over	ADP
ftr-441	2025	15	form	form	NOUN
ftr-441	2025	16	principles	principle	NOUN
ftr-441	2025	17	should	should	AUX
ftr-441	2025	18	adequately	adequately	ADV
ftr-441	2025	19	protect	protect	VERB
ftr-441	2025	20	the	the	DET
ftr-441	2025	21	interest	interest	NOUN
ftr-441	2025	22	of	of	ADP
ftr-441	2025	23	the	the	DET
ftr-441	2025	24	fisc	fisc	NOUN
ftr-441	2025	25	.	.	PUNCT
ftr-441	2026	1	for	for	ADP
ftr-441	2026	2	example	example	NOUN
ftr-441	2026	3	,	,	PUNCT
ftr-441	2026	4	a	a	DET
ftr-441	2026	5	cash	cash	NOUN
ftr-441	2026	6	distribution	distribution	NOUN
ftr-441	2026	7	linked	link	VERB
ftr-441	2026	8	to	to	ADP
ftr-441	2026	9	a	a	DET
ftr-441	2026	10	prior	prior	ADJ
ftr-441	2026	11	contribution	contribution	NOUN
ftr-441	2026	12	of	of	ADP
ftr-441	2026	13	appreciated	appreciated	ADJ
ftr-441	2026	14	property	property	NOUN
ftr-441	2026	15	should	should	AUX
ftr-441	2026	16	be	be	AUX
ftr-441	2026	17	considered	consider	VERB
ftr-441	2026	18	boot	boot	NOUN
ftr-441	2026	19	received	receive	VERB
ftr-441	2026	20	in	in	ADP
ftr-441	2026	21	the	the	DET
ftr-441	2026	22	initial	initial	ADJ
ftr-441	2026	23	transaction	transaction	NOUN
ftr-441	2026	24	which	which	PRON
ftr-441	2026	25	will	will	AUX
ftr-441	2026	26	cause	cause	VERB
ftr-441	2026	27	the	the	DET
ftr-441	2026	28	recognition	recognition	NOUN
ftr-441	2026	29	of	of	ADP
ftr-441	2026	30	gains.28	gains.28	NOUN
ftr-441	2026	31	6	6	NUM
ftr-441	2026	32	although	although	SCONJ
ftr-441	2026	33	there	there	PRON
ftr-441	2026	34	is	be	VERB
ftr-441	2026	35	no	no	DET
ftr-441	2026	36	doubt	doubt	NOUN
ftr-441	2026	37	that	that	SCONJ
ftr-441	2026	38	some	some	DET
ftr-441	2026	39	disguised	disguised	ADJ
ftr-441	2026	40	sales	sale	NOUN
ftr-441	2026	41	will	will	AUX
ftr-441	2026	42	escape	escape	VERB
ftr-441	2026	43	recharacterization	recharacterization	NOUN
ftr-441	2026	44	under	under	ADP
ftr-441	2026	45	substance	substance	NOUN
ftr-441	2026	46	over	over	ADP
ftr-441	2026	47	form	form	NOUN
ftr-441	2026	48	principles	principle	NOUN
ftr-441	2026	49	,	,	PUNCT
ftr-441	2026	50	it	it	PRON
ftr-441	2026	51	would	would	AUX
ftr-441	2026	52	appear	appear	VERB
ftr-441	2026	53	that	that	SCONJ
ftr-441	2026	54	,	,	PUNCT
ftr-441	2026	55	as	as	SCONJ
ftr-441	2026	56	described	describe	VERB
ftr-441	2026	57	above	above	ADV
ftr-441	2026	58	,	,	PUNCT
ftr-441	2026	59	the	the	DET
ftr-441	2026	60	more	more	ADV
ftr-441	2026	61	elaborate	elaborate	ADJ
ftr-441	2026	62	partnership	partnership	NOUN
ftr-441	2026	63	rules	rule	NOUN
ftr-441	2026	64	have	have	AUX
ftr-441	2026	65	also	also	ADV
ftr-441	2026	66	not	not	PART
ftr-441	2026	67	been	be	AUX
ftr-441	2026	68	wholly	wholly	ADV
ftr-441	2026	69	effective	effective	ADJ
ftr-441	2026	70	.	.	PUNCT
ftr-441	2027	1	finally	finally	ADV
ftr-441	2027	2	,	,	PUNCT
ftr-441	2027	3	we	we	PRON
ftr-441	2027	4	again	again	ADV
ftr-441	2027	5	take	take	VERB
ftr-441	2027	6	some	some	DET
ftr-441	2027	7	solace	solace	NOUN
ftr-441	2027	8	in	in	ADP
ftr-441	2027	9	the	the	DET
ftr-441	2027	10	fact	fact	NOUN
ftr-441	2027	11	that	that	SCONJ
ftr-441	2027	12	subchapter	subchapter	NOUN
ftr-441	2027	13	s	s	PART
ftr-441	2027	14	has	have	AUX
ftr-441	2027	15	managed	manage	VERB
ftr-441	2027	16	to	to	PART
ftr-441	2027	17	function	function	VERB
ftr-441	2027	18	without	without	ADP
ftr-441	2027	19	any	any	DET
ftr-441	2027	20	such	such	ADJ
ftr-441	2027	21	rules	rule	NOUN
ftr-441	2027	22	.	.	PUNCT
ftr-441	2028	1	v.	v.	ADP
ftr-441	2028	2	relation	relation	NOUN
ftr-441	2028	3	to	to	PART
ftr-441	2028	4	default	default	VERB
ftr-441	2028	5	conduit	conduit	NOUN
ftr-441	2028	6	system.-finally	system.-finally	ADV
ftr-441	2028	7	,	,	PUNCT
ftr-441	2028	8	the	the	DET
ftr-441	2028	9	proposed	propose	VERB
ftr-441	2028	10	income	income	NOUN
ftr-441	2028	11	recognition	recognition	NOUN
ftr-441	2028	12	rules	rule	VERB
ftr-441	2028	13	for	for	ADP
ftr-441	2028	14	contributions	contribution	NOUN
ftr-441	2028	15	and	and	CCONJ
ftr-441	2028	16	distributions	distribution	NOUN
ftr-441	2028	17	within	within	ADP
ftr-441	2028	18	the	the	DET
ftr-441	2028	19	spbf	spbf	ADJ
ftr-441	2028	20	system	system	NOUN
ftr-441	2028	21	must	must	AUX
ftr-441	2028	22	be	be	AUX
ftr-441	2028	23	compared	compare	VERB
ftr-441	2028	24	to	to	ADP
ftr-441	2028	25	the	the	DET
ftr-441	2028	26	taxation	taxation	NOUN
ftr-441	2028	27	of	of	ADP
ftr-441	2028	28	comparable	comparable	ADJ
ftr-441	2028	29	transactions	transaction	NOUN
ftr-441	2028	30	under	under	ADP
ftr-441	2028	31	the	the	DET
ftr-441	2028	32	default	default	NOUN
ftr-441	2028	33	conduit	conduit	NOUN
ftr-441	2028	34	version	version	NOUN
ftr-441	2028	35	.	.	PUNCT
ftr-441	2029	1	for	for	ADP
ftr-441	2029	2	example	example	NOUN
ftr-441	2029	3	,	,	PUNCT
ftr-441	2029	4	if	if	SCONJ
ftr-441	2029	5	the	the	DET
ftr-441	2029	6	default	default	NOUN
ftr-441	2029	7	version	version	NOUN
ftr-441	2029	8	were	be	AUX
ftr-441	2029	9	to	to	PART
ftr-441	2029	10	include	include	VERB
ftr-441	2029	11	the	the	DET
ftr-441	2029	12	partnership	partnership	NOUN
ftr-441	2029	13	nonrecognition	nonrecognition	NOUN
ftr-441	2029	14	provisions	provision	NOUN
ftr-441	2029	15	on	on	ADP
ftr-441	2029	16	contributions	contribution	NOUN
ftr-441	2029	17	and	and	CCONJ
ftr-441	2029	18	distributions	distribution	NOUN
ftr-441	2029	19	,	,	PUNCT
ftr-441	2029	20	taxpayers	taxpayer	NOUN
ftr-441	2029	21	might	might	AUX
ftr-441	2029	22	be	be	AUX
ftr-441	2029	23	discouraged	discourage	VERB
ftr-441	2029	24	from	from	ADP
ftr-441	2029	25	using	use	VERB
ftr-441	2029	26	the	the	DET
ftr-441	2029	27	spbf	spbf	ADJ
ftr-441	2029	28	system	system	NOUN
ftr-441	2029	29	.	.	PUNCT
ftr-441	2030	1	the	the	DET
ftr-441	2030	2	various	various	ADJ
ftr-441	2030	3	factors	factor	NOUN
ftr-441	2030	4	described	describe	VERB
ftr-441	2030	5	above	above	ADP
ftr-441	2030	6	concerning	concern	VERB
ftr-441	2030	7	the	the	DET
ftr-441	2030	8	proper	proper	ADJ
ftr-441	2030	9	contribution	contribution	NOUN
ftr-441	2030	10	and	and	CCONJ
ftr-441	2030	11	distribution	distribution	NOUN
ftr-441	2030	12	rules	rule	NOUN
ftr-441	2030	13	are	be	AUX
ftr-441	2030	14	applicable	applicable	ADJ
ftr-441	2030	15	to	to	ADP
ftr-441	2030	16	the	the	DET
ftr-441	2030	17	default	default	NOUN
ftr-441	2030	18	system	system	NOUN
ftr-441	2030	19	as	as	ADV
ftr-441	2030	20	well	well	ADV
ftr-441	2030	21	as	as	ADP
ftr-441	2030	22	the	the	DET
ftr-441	2030	23	spbf	spbf	ADJ
ftr-441	2030	24	system	system	NOUN
ftr-441	2030	25	.	.	PUNCT
ftr-441	2031	1	although	although	SCONJ
ftr-441	2031	2	simplification	simplification	NOUN
ftr-441	2031	3	may	may	AUX
ftr-441	2031	4	be	be	AUX
ftr-441	2031	5	a	a	DET
ftr-441	2031	6	higher	high	ADJ
ftr-441	2031	7	priority	priority	NOUN
ftr-441	2031	8	for	for	ADP
ftr-441	2031	9	the	the	DET
ftr-441	2031	10	spbf	spbf	ADJ
ftr-441	2031	11	system	system	NOUN
ftr-441	2031	12	,	,	PUNCT
ftr-441	2031	13	it	it	PRON
ftr-441	2031	14	is	be	AUX
ftr-441	2031	15	certainly	certainly	ADV
ftr-441	2031	16	an	an	DET
ftr-441	2031	17	important	important	ADJ
ftr-441	2031	18	consideration	consideration	NOUN
ftr-441	2031	19	for	for	ADP
ftr-441	2031	20	the	the	DET
ftr-441	2031	21	default	default	NOUN
ftr-441	2031	22	system	system	NOUN
ftr-441	2031	23	as	as	ADV
ftr-441	2031	24	well	well	ADV
ftr-441	2031	25	.	.	PUNCT
ftr-441	2032	1	further	far	ADV
ftr-441	2032	2	,	,	PUNCT
ftr-441	2032	3	no	no	DET
ftr-441	2032	4	system	system	NOUN
ftr-441	2032	5	benefits	benefit	VERB
ftr-441	2032	6	from	from	ADP
ftr-441	2032	7	a	a	DET
ftr-441	2032	8	rule	rule	NOUN
ftr-441	2032	9	structure	structure	NOUN
ftr-441	2032	10	which	which	PRON
ftr-441	2032	11	can	can	AUX
ftr-441	2032	12	be	be	AUX
ftr-441	2032	13	easily	easily	ADV
ftr-441	2032	14	manipulated	manipulate	VERB
ftr-441	2032	15	by	by	ADP
ftr-441	2032	16	the	the	DET
ftr-441	2032	17	taxpayer	taxpayer	NOUN
ftr-441	2032	18	.	.	PUNCT
ftr-441	2033	1	and	and	CCONJ
ftr-441	2033	2	the	the	DET
ftr-441	2033	3	default	default	NOUN
ftr-441	2033	4	system	system	NOUN
ftr-441	2033	5	is	be	AUX
ftr-441	2033	6	particularly	particularly	ADV
ftr-441	2033	7	vulnerable	vulnerable	ADJ
ftr-441	2033	8	to	to	ADP
ftr-441	2033	9	potential	potential	ADJ
ftr-441	2033	10	manipulation	manipulation	NOUN
ftr-441	2033	11	because	because	SCONJ
ftr-441	2033	12	of	of	ADP
ftr-441	2033	13	the	the	DET
ftr-441	2033	14	absence	absence	NOUN
ftr-441	2033	15	of	of	ADP
ftr-441	2033	16	any	any	DET
ftr-441	2033	17	ownership	ownership	NOUN
ftr-441	2033	18	restrictions	restriction	NOUN
ftr-441	2033	19	and	and	CCONJ
ftr-441	2033	20	limitations	limitation	NOUN
ftr-441	2033	21	on	on	ADP
ftr-441	2033	22	special	special	ADJ
ftr-441	2033	23	allocations	allocation	NOUN
ftr-441	2033	24	.	.	PUNCT
ftr-441	2034	1	in	in	ADP
ftr-441	2034	2	short	short	ADJ
ftr-441	2034	3	,	,	PUNCT
ftr-441	2034	4	perhaps	perhaps	ADV
ftr-441	2034	5	the	the	DET
ftr-441	2034	6	easiest	easy	ADJ
ftr-441	2034	7	way	way	NOUN
ftr-441	2034	8	to	to	PART
ftr-441	2034	9	reconcile	reconcile	VERB
ftr-441	2034	10	the	the	DET
ftr-441	2034	11	two	two	NUM
ftr-441	2034	12	systems	system	NOUN
ftr-441	2034	13	in	in	ADP
ftr-441	2034	14	this	this	DET
ftr-441	2034	15	area	area	NOUN
ftr-441	2034	16	would	would	AUX
ftr-441	2034	17	be	be	AUX
ftr-441	2034	18	to	to	PART
ftr-441	2034	19	adopt	adopt	VERB
ftr-441	2034	20	the	the	DET
ftr-441	2034	21	same	same	ADJ
ftr-441	2034	22	basic	basic	ADJ
ftr-441	2034	23	rules	rule	NOUN
ftr-441	2034	24	in	in	ADP
ftr-441	2034	25	each	each	DET
ftr-441	2034	26	system	system	NOUN
ftr-441	2034	27	for	for	ADP
ftr-441	2034	28	contributions	contribution	NOUN
ftr-441	2034	29	and	and	CCONJ
ftr-441	2034	30	distributions	distribution	NOUN
ftr-441	2034	31	.	.	PUNCT
ftr-441	2035	1	the	the	DET
ftr-441	2035	2	need	need	NOUN
ftr-441	2035	3	for	for	ADP
ftr-441	2035	4	additional	additional	ADJ
ftr-441	2035	5	rules	rule	NOUN
ftr-441	2035	6	may	may	AUX
ftr-441	2035	7	then	then	ADV
ftr-441	2035	8	vary	vary	VERB
ftr-441	2035	9	depending	depend	VERB
ftr-441	2035	10	upon	upon	SCONJ
ftr-441	2035	11	the	the	DET
ftr-441	2035	12	peculiar	peculiar	ADJ
ftr-441	2035	13	features	feature	NOUN
ftr-441	2035	14	of	of	ADP
ftr-441	2035	15	each	each	DET
ftr-441	2035	16	system	system	NOUN
ftr-441	2035	17	.	.	PUNCT
ftr-441	2036	1	4	4	X
ftr-441	2036	2	.	.	X
ftr-441	2036	3	treatment	treatment	NOUN
ftr-441	2036	4	of	of	ADP
ftr-441	2036	5	ordinary	ordinary	ADJ
ftr-441	2036	6	income	income	NOUN
ftr-441	2036	7	assets	asset	NOUN
ftr-441	2036	8	of	of	ADP
ftr-441	2036	9	an	an	DET
ftr-441	2036	10	spbf	spbf	ADJ
ftr-441	2036	11	a.	a.	NOUN
ftr-441	2036	12	sections	section	NOUN
ftr-441	2036	13	751	751	NUM
ftr-441	2036	14	and	and	CCONJ
ftr-441	2036	15	341	341	NUM
ftr-441	2036	16	not	not	PART
ftr-441	2036	17	included	include	VERB
ftr-441	2036	18	in	in	ADP
ftr-441	2036	19	the	the	DET
ftr-441	2036	20	spbf	spbf	NOUN
ftr-441	2036	21	rules.-the	rules.-the	PROPN
ftr-441	2036	22	partnership	partnership	NOUN
ftr-441	2036	23	provisions	provision	NOUN
ftr-441	2036	24	contain	contain	VERB
ftr-441	2036	25	elaborate	elaborate	ADJ
ftr-441	2036	26	rules	rule	NOUN
ftr-441	2036	27	to	to	PART
ftr-441	2036	28	insure	insure	VERB
ftr-441	2036	29	that	that	SCONJ
ftr-441	2036	30	a	a	DET
ftr-441	2036	31	partner	partner	NOUN
ftr-441	2036	32	's	's	PART
ftr-441	2036	33	interest	interest	NOUN
ftr-441	2036	34	in	in	ADP
ftr-441	2036	35	potential	potential	ADJ
ftr-441	2036	36	ordinary	ordinary	ADJ
ftr-441	2036	37	income	income	NOUN
ftr-441	2036	38	of	of	ADP
ftr-441	2036	39	the	the	DET
ftr-441	2036	40	partnership	partnership	NOUN
ftr-441	2036	41	is	be	AUX
ftr-441	2036	42	reflected	reflect	VERB
ftr-441	2036	43	286	286	NUM
ftr-441	2036	44	.	.	PUNCT
ftr-441	2037	1	cf	cf	NOUN
ftr-441	2037	2	.	.	PUNCT
ftr-441	2038	1	irc	irc	PROPN
ftr-441	2038	2	§	§	PROPN
ftr-441	2038	3	351(b	351(b	PROPN
ftr-441	2038	4	)	)	PUNCT
ftr-441	2038	5	.	.	PUNCT
ftr-441	2039	1	see	see	VERB
ftr-441	2039	2	berger	berger	PROPN
ftr-441	2039	3	,	,	PUNCT
ftr-441	2039	4	supra	supra	PROPN
ftr-441	2039	5	note	note	PROPN
ftr-441	2039	6	63	63	NUM
ftr-441	2039	7	,	,	PUNCT
ftr-441	2039	8	at	at	ADP
ftr-441	2039	9	151	151	NUM
ftr-441	2039	10	-	-	SYM
ftr-441	2039	11	52	52	NUM
ftr-441	2039	12	(	(	PUNCT
ftr-441	2039	13	suggesting	suggest	VERB
ftr-441	2039	14	that	that	SCONJ
ftr-441	2039	15	the	the	DET
ftr-441	2039	16	step	step	NOUN
ftr-441	2039	17	transaction	transaction	NOUN
ftr-441	2039	18	doctrine	doctrine	NOUN
ftr-441	2039	19	would	would	AUX
ftr-441	2039	20	prevent	prevent	VERB
ftr-441	2039	21	the	the	DET
ftr-441	2039	22	transaction	transaction	NOUN
ftr-441	2039	23	from	from	ADP
ftr-441	2039	24	succeeding	succeed	VERB
ftr-441	2039	25	)	)	PUNCT
ftr-441	2039	26	.	.	PUNCT
ftr-441	2040	1	[	[	X
ftr-441	2040	2	vol	vol	NOUN
ftr-441	2040	3	.	.	PUNCT
ftr-441	2040	4	4:3	4:3	NUM
ftr-441	2040	5	the	the	DET
ftr-441	2040	6	future	future	ADJ
ftr-441	2040	7	taxation	taxation	NOUN
ftr-441	2040	8	of	of	ADP
ftr-441	2040	9	private	private	ADJ
ftr-441	2040	10	business	business	NOUN
ftr-441	2040	11	firms	firm	NOUN
ftr-441	2040	12	in	in	ADP
ftr-441	2040	13	the	the	DET
ftr-441	2040	14	character	character	NOUN
ftr-441	2040	15	of	of	ADP
ftr-441	2040	16	the	the	DET
ftr-441	2040	17	gain	gain	NOUN
ftr-441	2040	18	the	the	DET
ftr-441	2040	19	partner	partner	NOUN
ftr-441	2040	20	recognizes	recognize	VERB
ftr-441	2040	21	in	in	ADP
ftr-441	2040	22	disposing	dispose	VERB
ftr-441	2040	23	of	of	ADP
ftr-441	2040	24	an	an	DET
ftr-441	2040	25	interest	interest	NOUN
ftr-441	2040	26	in	in	ADP
ftr-441	2040	27	the	the	DET
ftr-441	2040	28	partnership	partnership	NOUN
ftr-441	2040	29	.	.	PUNCT
ftr-441	2040	30	'	'	PUNCT
ftr-441	2041	1	these	these	DET
ftr-441	2041	2	rules	rule	NOUN
ftr-441	2041	3	also	also	ADV
ftr-441	2041	4	try	try	VERB
ftr-441	2041	5	to	to	PART
ftr-441	2041	6	prevent	prevent	VERB
ftr-441	2041	7	character	character	NOUN
ftr-441	2041	8	shifting	shift	VERB
ftr-441	2041	9	among	among	ADP
ftr-441	2041	10	the	the	DET
ftr-441	2041	11	partners	partner	NOUN
ftr-441	2041	12	as	as	ADP
ftr-441	2041	13	a	a	DET
ftr-441	2041	14	result	result	NOUN
ftr-441	2041	15	of	of	ADP
ftr-441	2041	16	a	a	DET
ftr-441	2041	17	distribution	distribution	NOUN
ftr-441	2041	18	.	.	PUNCT
ftr-441	2041	19	'	'	PUNCT
ftr-441	2042	1	on	on	ADP
ftr-441	2042	2	the	the	DET
ftr-441	2042	3	other	other	ADJ
ftr-441	2042	4	hand	hand	NOUN
ftr-441	2042	5	,	,	PUNCT
ftr-441	2042	6	if	if	SCONJ
ftr-441	2042	7	the	the	DET
ftr-441	2042	8	correct	correct	ADJ
ftr-441	2042	9	proportion	proportion	NOUN
ftr-441	2042	10	of	of	ADP
ftr-441	2042	11	ordinary	ordinary	ADJ
ftr-441	2042	12	income	income	NOUN
ftr-441	2042	13	and	and	CCONJ
ftr-441	2042	14	other	other	ADJ
ftr-441	2042	15	assets	asset	NOUN
ftr-441	2042	16	(	(	PUNCT
ftr-441	2042	17	determined	determine	VERB
ftr-441	2042	18	by	by	ADP
ftr-441	2042	19	value	value	NOUN
ftr-441	2042	20	of	of	ADP
ftr-441	2042	21	the	the	DET
ftr-441	2042	22	assets	asset	NOUN
ftr-441	2042	23	)	)	PUNCT
ftr-441	2042	24	is	be	AUX
ftr-441	2042	25	distributed	distribute	VERB
ftr-441	2042	26	,	,	PUNCT
ftr-441	2042	27	no	no	DET
ftr-441	2042	28	attempt	attempt	NOUN
ftr-441	2042	29	is	be	AUX
ftr-441	2042	30	made	make	VERB
ftr-441	2042	31	to	to	PART
ftr-441	2042	32	be	be	AUX
ftr-441	2042	33	sure	sure	ADJ
ftr-441	2042	34	that	that	SCONJ
ftr-441	2042	35	the	the	DET
ftr-441	2042	36	assets	asset	NOUN
ftr-441	2042	37	distributed	distribute	VERB
ftr-441	2042	38	have	have	VERB
ftr-441	2042	39	the	the	DET
ftr-441	2042	40	same	same	ADJ
ftr-441	2042	41	mix	mix	NOUN
ftr-441	2042	42	of	of	ADP
ftr-441	2042	43	unrealized	unrealized	ADJ
ftr-441	2042	44	ordinary	ordinary	ADJ
ftr-441	2042	45	income	income	NOUN
ftr-441	2042	46	or	or	CCONJ
ftr-441	2042	47	loss	loss	NOUN
ftr-441	2042	48	as	as	ADP
ftr-441	2042	49	the	the	DET
ftr-441	2042	50	underlying	underlie	VERB
ftr-441	2042	51	assets	asset	NOUN
ftr-441	2042	52	of	of	ADP
ftr-441	2042	53	the	the	DET
ftr-441	2042	54	partnership	partnership	NOUN
ftr-441	2042	55	.	.	PUNCT
ftr-441	2042	56	'	'	PUNCT
ftr-441	2043	1	these	these	DET
ftr-441	2043	2	"	"	PUNCT
ftr-441	2043	3	collapsible	collapsible	ADJ
ftr-441	2043	4	partnership	partnership	NOUN
ftr-441	2043	5	"	"	PUNCT
ftr-441	2043	6	rules	rule	NOUN
ftr-441	2043	7	governing	govern	VERB
ftr-441	2043	8	the	the	DET
ftr-441	2043	9	treatment	treatment	NOUN
ftr-441	2043	10	of	of	ADP
ftr-441	2043	11	ordinary	ordinary	ADJ
ftr-441	2043	12	income	income	NOUN
ftr-441	2043	13	assets	asset	NOUN
ftr-441	2043	14	held	hold	VERB
ftr-441	2043	15	by	by	ADP
ftr-441	2043	16	a	a	DET
ftr-441	2043	17	partnership	partnership	NOUN
ftr-441	2043	18	are	be	AUX
ftr-441	2043	19	among	among	ADP
ftr-441	2043	20	the	the	DET
ftr-441	2043	21	most	most	ADV
ftr-441	2043	22	complicated	complicated	ADJ
ftr-441	2043	23	in	in	ADP
ftr-441	2043	24	the	the	DET
ftr-441	2043	25	code	code	NOUN
ftr-441	2043	26	.	.	PUNCT
ftr-441	2044	1	moreover	moreover	ADV
ftr-441	2044	2	,	,	PUNCT
ftr-441	2044	3	unlike	unlike	ADP
ftr-441	2044	4	rules	rule	NOUN
ftr-441	2044	5	such	such	ADJ
ftr-441	2044	6	as	as	ADP
ftr-441	2044	7	subpart	subpart	NOUN
ftr-441	2044	8	f	f	NOUN
ftr-441	2044	9	in	in	ADP
ftr-441	2044	10	the	the	DET
ftr-441	2044	11	foreign	foreign	ADJ
ftr-441	2044	12	tax	tax	NOUN
ftr-441	2044	13	area	area	NOUN
ftr-441	2044	14	or	or	CCONJ
ftr-441	2044	15	the	the	DET
ftr-441	2044	16	consolidated	consolidated	ADJ
ftr-441	2044	17	return	return	NOUN
ftr-441	2044	18	regulations	regulation	NOUN
ftr-441	2044	19	,	,	PUNCT
ftr-441	2044	20	these	these	DET
ftr-441	2044	21	rules	rule	NOUN
ftr-441	2044	22	apply	apply	VERB
ftr-441	2044	23	to	to	ADP
ftr-441	2044	24	many	many	ADJ
ftr-441	2044	25	taxpayers	taxpayer	NOUN
ftr-441	2044	26	with	with	ADP
ftr-441	2044	27	very	very	ADV
ftr-441	2044	28	simple	simple	ADJ
ftr-441	2044	29	business	business	NOUN
ftr-441	2044	30	arrangements	arrangement	NOUN
ftr-441	2044	31	and	and	CCONJ
ftr-441	2044	32	relatively	relatively	ADV
ftr-441	2044	33	unsophisticated	unsophisticated	ADJ
ftr-441	2044	34	advisors	advisor	NOUN
ftr-441	2044	35	.	.	PUNCT
ftr-441	2045	1	the	the	DET
ftr-441	2045	2	result	result	NOUN
ftr-441	2045	3	,	,	PUNCT
ftr-441	2045	4	not	not	PART
ftr-441	2045	5	surprisingly	surprisingly	ADV
ftr-441	2045	6	,	,	PUNCT
ftr-441	2045	7	is	be	AUX
ftr-441	2045	8	a	a	DET
ftr-441	2045	9	common	common	ADJ
ftr-441	2045	10	assumption	assumption	NOUN
ftr-441	2045	11	that	that	SCONJ
ftr-441	2045	12	these	these	DET
ftr-441	2045	13	rules	rule	NOUN
ftr-441	2045	14	are	be	AUX
ftr-441	2045	15	often	often	ADV
ftr-441	2045	16	honored	honor	VERB
ftr-441	2045	17	in	in	ADP
ftr-441	2045	18	the	the	DET
ftr-441	2045	19	breach	breach	NOUN
ftr-441	2045	20	.	.	PUNCT
ftr-441	2046	1	the	the	DET
ftr-441	2046	2	collapsible	collapsible	ADJ
ftr-441	2046	3	partnership	partnership	NOUN
ftr-441	2046	4	rules	rule	NOUN
ftr-441	2046	5	apply	apply	VERB
ftr-441	2046	6	to	to	ADP
ftr-441	2046	7	transfers	transfer	NOUN
ftr-441	2046	8	of	of	ADP
ftr-441	2046	9	partnership	partnership	NOUN
ftr-441	2046	10	interests	interest	NOUN
ftr-441	2046	11	and	and	CCONJ
ftr-441	2046	12	to	to	ADP
ftr-441	2046	13	distributions	distribution	NOUN
ftr-441	2046	14	from	from	ADP
ftr-441	2046	15	partnerships	partnership	NOUN
ftr-441	2046	16	.	.	PUNCT
ftr-441	2047	1	the	the	DET
ftr-441	2047	2	rules	rule	NOUN
ftr-441	2047	3	governing	govern	VERB
ftr-441	2047	4	transfers	transfer	NOUN
ftr-441	2047	5	are	be	AUX
ftr-441	2047	6	in	in	ADP
ftr-441	2047	7	some	some	DET
ftr-441	2047	8	ways	way	NOUN
ftr-441	2047	9	easier	easy	ADJ
ftr-441	2047	10	to	to	PART
ftr-441	2047	11	understand	understand	VERB
ftr-441	2047	12	than	than	ADP
ftr-441	2047	13	the	the	DET
ftr-441	2047	14	rules	rule	NOUN
ftr-441	2047	15	governing	govern	VERB
ftr-441	2047	16	distributions	distribution	NOUN
ftr-441	2047	17	.	.	PUNCT
ftr-441	2048	1	they	they	PRON
ftr-441	2048	2	essentially	essentially	ADV
ftr-441	2048	3	insure	insure	VERB
ftr-441	2048	4	that	that	SCONJ
ftr-441	2048	5	the	the	DET
ftr-441	2048	6	transfer	transfer	NOUN
ftr-441	2048	7	of	of	ADP
ftr-441	2048	8	a	a	DET
ftr-441	2048	9	partnership	partnership	NOUN
ftr-441	2048	10	interest	interest	NOUN
ftr-441	2048	11	be	be	AUX
ftr-441	2048	12	viewed	view	VERB
ftr-441	2048	13	as	as	ADP
ftr-441	2048	14	a	a	DET
ftr-441	2048	15	transfer	transfer	NOUN
ftr-441	2048	16	of	of	ADP
ftr-441	2048	17	the	the	DET
ftr-441	2048	18	underlying	underlie	VERB
ftr-441	2048	19	assets	asset	NOUN
ftr-441	2048	20	in	in	ADP
ftr-441	2048	21	order	order	NOUN
ftr-441	2048	22	to	to	PART
ftr-441	2048	23	preserve	preserve	VERB
ftr-441	2048	24	the	the	DET
ftr-441	2048	25	character	character	NOUN
ftr-441	2048	26	of	of	ADP
ftr-441	2048	27	gain	gain	NOUN
ftr-441	2048	28	or	or	CCONJ
ftr-441	2048	29	loss	loss	NOUN
ftr-441	2048	30	inherent	inherent	ADJ
ftr-441	2048	31	in	in	ADP
ftr-441	2048	32	the	the	DET
ftr-441	2048	33	transfer	transfer	NOUN
ftr-441	2048	34	.	.	PUNCT
ftr-441	2049	1	but	but	CCONJ
ftr-441	2049	2	the	the	DET
ftr-441	2049	3	rules	rule	NOUN
ftr-441	2049	4	governing	govern	VERB
ftr-441	2049	5	distributions	distribution	NOUN
ftr-441	2049	6	are	be	AUX
ftr-441	2049	7	of	of	ADP
ftr-441	2049	8	equal	equal	ADJ
ftr-441	2049	9	importance	importance	NOUN
ftr-441	2049	10	in	in	ADP
ftr-441	2049	11	preventing	prevent	VERB
ftr-441	2049	12	the	the	DET
ftr-441	2049	13	use	use	NOUN
ftr-441	2049	14	of	of	ADP
ftr-441	2049	15	the	the	DET
ftr-441	2049	16	partnership	partnership	NOUN
ftr-441	2049	17	structure	structure	NOUN
ftr-441	2049	18	to	to	PART
ftr-441	2049	19	avoid	avoid	VERB
ftr-441	2049	20	the	the	DET
ftr-441	2049	21	proper	proper	ADJ
ftr-441	2049	22	characterization	characterization	NOUN
ftr-441	2049	23	of	of	ADP
ftr-441	2049	24	income	income	NOUN
ftr-441	2049	25	at	at	ADP
ftr-441	2049	26	the	the	DET
ftr-441	2049	27	partner	partner	NOUN
ftr-441	2049	28	level	level	NOUN
ftr-441	2049	29	.	.	PUNCT
ftr-441	2050	1	it	it	PRON
ftr-441	2050	2	would	would	AUX
ftr-441	2050	3	not	not	PART
ftr-441	2050	4	be	be	AUX
ftr-441	2050	5	possible	possible	ADJ
ftr-441	2050	6	to	to	PART
ftr-441	2050	7	adopt	adopt	VERB
ftr-441	2050	8	the	the	DET
ftr-441	2050	9	rules	rule	NOUN
ftr-441	2050	10	for	for	ADP
ftr-441	2050	11	transfers	transfer	NOUN
ftr-441	2050	12	without	without	ADP
ftr-441	2050	13	some	some	DET
ftr-441	2050	14	rules	rule	NOUN
ftr-441	2050	15	for	for	ADP
ftr-441	2050	16	distributions	distribution	NOUN
ftr-441	2050	17	.	.	PUNCT
ftr-441	2051	1	as	as	SCONJ
ftr-441	2051	2	previously	previously	ADV
ftr-441	2051	3	described	describe	VERB
ftr-441	2051	4	,	,	PUNCT
ftr-441	2051	5	a	a	DET
ftr-441	2051	6	distribution	distribution	NOUN
ftr-441	2051	7	of	of	ADP
ftr-441	2051	8	property	property	NOUN
ftr-441	2051	9	by	by	ADP
ftr-441	2051	10	an	an	DET
ftr-441	2051	11	spbf	spbf	NOUN
ftr-441	2051	12	would	would	AUX
ftr-441	2051	13	be	be	AUX
ftr-441	2051	14	taxable	taxable	ADJ
ftr-441	2051	15	in	in	ADP
ftr-441	2051	16	more	more	ADJ
ftr-441	2051	17	instances	instance	NOUN
ftr-441	2051	18	than	than	ADP
ftr-441	2051	19	a	a	DET
ftr-441	2051	20	comparable	comparable	ADJ
ftr-441	2051	21	distribution	distribution	NOUN
ftr-441	2051	22	by	by	ADP
ftr-441	2051	23	a	a	DET
ftr-441	2051	24	partnership	partnership	NOUN
ftr-441	2051	25	.	.	PUNCT
ftr-441	2052	1	this	this	DET
ftr-441	2052	2	change	change	NOUN
ftr-441	2052	3	reduces	reduce	VERB
ftr-441	2052	4	but	but	CCONJ
ftr-441	2052	5	does	do	AUX
ftr-441	2052	6	not	not	PART
ftr-441	2052	7	eliminate	eliminate	VERB
ftr-441	2052	8	the	the	DET
ftr-441	2052	9	theoretical	theoretical	ADJ
ftr-441	2052	10	need	need	NOUN
ftr-441	2052	11	for	for	ADP
ftr-441	2052	12	a	a	DET
ftr-441	2052	13	collapsible	collapsible	ADJ
ftr-441	2052	14	partnership	partnership	NOUN
ftr-441	2052	15	rule	rule	NOUN
ftr-441	2052	16	in	in	ADP
ftr-441	2052	17	a	a	DET
ftr-441	2052	18	distribution	distribution	NOUN
ftr-441	2052	19	.	.	PUNCT
ftr-441	2053	1	for	for	ADP
ftr-441	2053	2	example	example	NOUN
ftr-441	2053	3	,	,	PUNCT
ftr-441	2053	4	a	a	DET
ftr-441	2053	5	non	non	ADJ
ftr-441	2053	6	-	-	ADJ
ftr-441	2053	7	pro	pro	ADJ
ftr-441	2053	8	rata	rata	ADJ
ftr-441	2053	9	distribution	distribution	NOUN
ftr-441	2053	10	of	of	ADP
ftr-441	2053	11	cash	cash	NOUN
ftr-441	2053	12	by	by	ADP
ftr-441	2053	13	an	an	DET
ftr-441	2053	14	spbf	spbf	NOUN
ftr-441	2053	15	with	with	ADP
ftr-441	2053	16	ordinary	ordinary	ADJ
ftr-441	2053	17	income	income	NOUN
ftr-441	2053	18	assets	asset	NOUN
ftr-441	2053	19	would	would	AUX
ftr-441	2053	20	generally	generally	ADV
ftr-441	2053	21	not	not	PART
ftr-441	2053	22	be	be	AUX
ftr-441	2053	23	taxable	taxable	ADJ
ftr-441	2053	24	under	under	ADP
ftr-441	2053	25	the	the	DET
ftr-441	2053	26	spbf	spbf	ADJ
ftr-441	2053	27	proposal	proposal	NOUN
ftr-441	2053	28	yet	yet	ADV
ftr-441	2053	29	it	it	PRON
ftr-441	2053	30	may	may	AUX
ftr-441	2053	31	shift	shift	VERB
ftr-441	2053	32	some	some	PRON
ftr-441	2053	33	of	of	ADP
ftr-441	2053	34	the	the	DET
ftr-441	2053	35	potential	potential	ADJ
ftr-441	2053	36	ordinary	ordinary	ADJ
ftr-441	2053	37	income	income	NOUN
ftr-441	2053	38	tax	tax	NOUN
ftr-441	2053	39	liability	liability	NOUN
ftr-441	2053	40	from	from	ADP
ftr-441	2053	41	one	one	NUM
ftr-441	2053	42	owner	owner	NOUN
ftr-441	2053	43	to	to	ADP
ftr-441	2053	44	another	another	PRON
ftr-441	2053	45	.	.	PUNCT
ftr-441	2054	1	some	some	PRON
ftr-441	2054	2	of	of	ADP
ftr-441	2054	3	the	the	DET
ftr-441	2054	4	complexity	complexity	NOUN
ftr-441	2054	5	of	of	ADP
ftr-441	2054	6	the	the	DET
ftr-441	2054	7	collapsible	collapsible	NOUN
ftr-441	2054	8	partnership	partnership	NOUN
ftr-441	2054	9	rules	rule	VERB
ftr-441	2054	10	derives	derive	VERB
ftr-441	2054	11	from	from	ADP
ftr-441	2054	12	the	the	DET
ftr-441	2054	13	broad	broad	ADJ
ftr-441	2054	14	definition	definition	NOUN
ftr-441	2054	15	of	of	ADP
ftr-441	2054	16	assets	asset	NOUN
ftr-441	2054	17	that	that	PRON
ftr-441	2054	18	are	be	AUX
ftr-441	2054	19	covered	cover	VERB
ftr-441	2054	20	by	by	ADP
ftr-441	2054	21	the	the	DET
ftr-441	2054	22	rule	rule	NOUN
ftr-441	2054	23	.	.	PUNCT
ftr-441	2055	1	although	although	SCONJ
ftr-441	2055	2	the	the	DET
ftr-441	2055	3	statute	statute	NOUN
ftr-441	2055	4	speaks	speak	VERB
ftr-441	2055	5	of	of	ADP
ftr-441	2055	6	unrealized	unrealized	ADJ
ftr-441	2055	7	receivables	receivables	NOUN
ftr-441	2055	8	and	and	CCONJ
ftr-441	2055	9	either	either	DET
ftr-441	2055	10	inventory	inventory	NOUN
ftr-441	2055	11	(	(	PUNCT
ftr-441	2055	12	in	in	ADP
ftr-441	2055	13	the	the	DET
ftr-441	2055	14	case	case	NOUN
ftr-441	2055	15	of	of	ADP
ftr-441	2055	16	transfers	transfer	NOUN
ftr-441	2055	17	of	of	ADP
ftr-441	2055	18	partnership	partnership	NOUN
ftr-441	2055	19	interests29	interests29	ADJ
ftr-441	2055	20	)	)	PUNCT
ftr-441	2055	21	or	or	CCONJ
ftr-441	2055	22	substantially	substantially	ADV
ftr-441	2055	23	appreciated	appreciated	ADJ
ftr-441	2055	24	inventory	inventory	NOUN
ftr-441	2055	25	(	(	PUNCT
ftr-441	2055	26	in	in	ADP
ftr-441	2055	27	the	the	DET
ftr-441	2055	28	case	case	NOUN
ftr-441	2055	29	of	of	ADP
ftr-441	2055	30	distributions29	distributions29	NOUN
ftr-441	2055	31	)	)	PUNCT
ftr-441	2055	32	,	,	PUNCT
ftr-441	2055	33	the	the	DET
ftr-441	2055	34	provisions	provision	NOUN
ftr-441	2055	35	apply	apply	VERB
ftr-441	2055	36	to	to	ADP
ftr-441	2055	37	portions	portion	NOUN
ftr-441	2055	38	of	of	ADP
ftr-441	2055	39	assets	asset	NOUN
ftr-441	2055	40	and	and	CCONJ
ftr-441	2055	41	to	to	ADP
ftr-441	2055	42	expectancies	expectancy	NOUN
ftr-441	2055	43	in	in	ADP
ftr-441	2055	44	a	a	DET
ftr-441	2055	45	way	way	NOUN
ftr-441	2055	46	that	that	SCONJ
ftr-441	2055	47	only	only	ADV
ftr-441	2055	48	a	a	DET
ftr-441	2055	49	well	well	ADV
ftr-441	2055	50	-	-	PUNCT
ftr-441	2055	51	advised	advise	VERB
ftr-441	2055	52	firm	firm	NOUN
ftr-441	2055	53	could	could	AUX
ftr-441	2055	54	possibly	possibly	ADV
ftr-441	2055	55	be	be	AUX
ftr-441	2055	56	expected	expect	VERB
ftr-441	2055	57	to	to	PART
ftr-441	2055	58	follow	follow	VERB
ftr-441	2055	59	.	.	PUNCT
ftr-441	2056	1	287	287	NUM
ftr-441	2056	2	.	.	PUNCT
ftr-441	2057	1	see	see	VERB
ftr-441	2057	2	irc	irc	PROPN
ftr-441	2057	3	§	§	PROPN
ftr-441	2057	4	751(a	751(a	PROPN
ftr-441	2057	5	)	)	PUNCT
ftr-441	2057	6	.	.	PUNCT
ftr-441	2058	1	288	288	NUM
ftr-441	2058	2	.	.	PUNCT
ftr-441	2059	1	see	see	VERB
ftr-441	2059	2	irc	irc	PROPN
ftr-441	2059	3	§	§	PROPN
ftr-441	2059	4	751(b	751(b	PROPN
ftr-441	2059	5	)	)	PUNCT
ftr-441	2059	6	.	.	PUNCT
ftr-441	2060	1	289	289	NUM
ftr-441	2060	2	.	.	PUNCT
ftr-441	2061	1	see	see	VERB
ftr-441	2061	2	mckee	mckee	PROPN
ftr-441	2061	3	,	,	PUNCT
ftr-441	2061	4	nelson	nelson	PROPN
ftr-441	2061	5	&	&	CCONJ
ftr-441	2061	6	whitmire	whitmire	PROPN
ftr-441	2061	7	,	,	PUNCT
ftr-441	2061	8	supra	supra	PROPN
ftr-441	2061	9	note	note	PROPN
ftr-441	2061	10	202	202	NUM
ftr-441	2061	11	,	,	PUNCT
ftr-441	2061	12	21.01[2	21.01[2	NUM
ftr-441	2061	13	]	]	X
ftr-441	2061	14	at	at	ADP
ftr-441	2061	15	21	21	NUM
ftr-441	2061	16	-	-	SYM
ftr-441	2061	17	6	6	NUM
ftr-441	2061	18	21	21	NUM
ftr-441	2061	19	-	-	SYM
ftr-441	2061	20	7	7	NUM
ftr-441	2061	21	.	.	NUM
ftr-441	2061	22	290	290	NUM
ftr-441	2061	23	.	.	PUNCT
ftr-441	2062	1	see	see	VERB
ftr-441	2062	2	irc	irc	PROPN
ftr-441	2062	3	§	§	PROPN
ftr-441	2062	4	751(a)(2	751(a)(2	NUM
ftr-441	2062	5	)	)	PUNCT
ftr-441	2062	6	.	.	PUNCT
ftr-441	2063	1	291	291	NUM
ftr-441	2063	2	.	.	PUNCT
ftr-441	2064	1	see	see	VERB
ftr-441	2064	2	irc	irc	PROPN
ftr-441	2064	3	§	§	PROPN
ftr-441	2064	4	751(b)(1)(a)cii	751(b)(1)(a)cii	NUM
ftr-441	2064	5	)	)	PUNCT
ftr-441	2064	6	.	.	PUNCT
ftr-441	2065	1	1999	1999	NUM
ftr-441	2065	2	]	]	PUNCT
ftr-441	2065	3	florida	florida	PROPN
ftr-441	2065	4	tax	tax	NOUN
ftr-441	2065	5	review	review	NOUN
ftr-441	2065	6	but	but	CCONJ
ftr-441	2065	7	the	the	DET
ftr-441	2065	8	complexity	complexity	NOUN
ftr-441	2065	9	of	of	ADP
ftr-441	2065	10	the	the	DET
ftr-441	2065	11	provisions	provision	NOUN
ftr-441	2065	12	goes	go	VERB
ftr-441	2065	13	beyond	beyond	ADP
ftr-441	2065	14	those	those	DET
ftr-441	2065	15	details	detail	NOUN
ftr-441	2065	16	because	because	SCONJ
ftr-441	2065	17	they	they	PRON
ftr-441	2065	18	require	require	VERB
ftr-441	2065	19	taxpayers	taxpayer	NOUN
ftr-441	2065	20	to	to	PART
ftr-441	2065	21	trace	trace	VERB
ftr-441	2065	22	through	through	ADP
ftr-441	2065	23	the	the	DET
ftr-441	2065	24	consequences	consequence	NOUN
ftr-441	2065	25	of	of	ADP
ftr-441	2065	26	complicated	complicated	ADJ
ftr-441	2065	27	transactions	transaction	NOUN
ftr-441	2065	28	that	that	PRON
ftr-441	2065	29	are	be	AUX
ftr-441	2065	30	created	create	VERB
ftr-441	2065	31	by	by	ADP
ftr-441	2065	32	the	the	DET
ftr-441	2065	33	statute	statute	NOUN
ftr-441	2065	34	alone	alone	ADV
ftr-441	2065	35	.	.	PUNCT
ftr-441	2066	1	it	it	PRON
ftr-441	2066	2	is	be	AUX
ftr-441	2066	3	hard	hard	ADJ
ftr-441	2066	4	to	to	PART
ftr-441	2066	5	imagine	imagine	VERB
ftr-441	2066	6	such	such	DET
ftr-441	2066	7	a	a	DET
ftr-441	2066	8	structure	structure	NOUN
ftr-441	2066	9	being	be	AUX
ftr-441	2066	10	applied	apply	VERB
ftr-441	2066	11	correctly	correctly	ADV
ftr-441	2066	12	by	by	ADP
ftr-441	2066	13	any	any	PRON
ftr-441	2066	14	but	but	CCONJ
ftr-441	2066	15	the	the	DET
ftr-441	2066	16	most	most	ADV
ftr-441	2066	17	welladvised	welladvise	VERB
ftr-441	2066	18	taxpayers	taxpayer	NOUN
ftr-441	2066	19	.	.	PUNCT
ftr-441	2067	1	s	s	PART
ftr-441	2068	1	corporations	corporation	NOUN
ftr-441	2068	2	are	be	AUX
ftr-441	2068	3	not	not	PART
ftr-441	2068	4	subject	subject	ADJ
ftr-441	2068	5	to	to	ADP
ftr-441	2068	6	the	the	DET
ftr-441	2068	7	collapsible	collapsible	ADJ
ftr-441	2068	8	partnership	partnership	NOUN
ftr-441	2068	9	rules	rule	NOUN
ftr-441	2068	10	.	.	PUNCT
ftr-441	2069	1	on	on	ADP
ftr-441	2069	2	the	the	DET
ftr-441	2069	3	other	other	ADJ
ftr-441	2069	4	hand	hand	NOUN
ftr-441	2069	5	,	,	PUNCT
ftr-441	2069	6	they	they	PRON
ftr-441	2069	7	are	be	AUX
ftr-441	2069	8	subject	subject	ADJ
ftr-441	2069	9	to	to	ADP
ftr-441	2069	10	the	the	DET
ftr-441	2069	11	infamous	infamous	ADJ
ftr-441	2069	12	"	"	PUNCT
ftr-441	2069	13	collapsible	collapsible	ADJ
ftr-441	2069	14	corporation	corporation	NOUN
ftr-441	2069	15	"	"	PUNCT
ftr-441	2069	16	rules	rule	NOUN
ftr-441	2069	17	(	(	PUNCT
ftr-441	2069	18	section	section	NOUN
ftr-441	2069	19	341	341	NUM
ftr-441	2069	20	)	)	PUNCT
ftr-441	2069	21	,	,	PUNCT
ftr-441	2069	22	which	which	PRON
ftr-441	2069	23	the	the	DET
ftr-441	2069	24	american	american	PROPN
ftr-441	2069	25	law	law	PROPN
ftr-441	2069	26	institute	institute	NOUN
ftr-441	2069	27	has	have	AUX
ftr-441	2069	28	previously	previously	ADV
ftr-441	2069	29	described	describe	VERB
ftr-441	2069	30	as	as	ADP
ftr-441	2069	31	"	"	PUNCT
ftr-441	2069	32	characterized	characterize	VERB
ftr-441	2069	33	by	by	ADP
ftr-441	2069	34	a	a	DET
ftr-441	2069	35	pathological	pathological	ADJ
ftr-441	2069	36	degree	degree	NOUN
ftr-441	2069	37	of	of	ADP
ftr-441	2069	38	complexity	complexity	NOUN
ftr-441	2069	39	,	,	PUNCT
ftr-441	2069	40	vagueness	vagueness	NOUN
ftr-441	2069	41	and	and	CCONJ
ftr-441	2069	42	uncertainty	uncertainty	NOUN
ftr-441	2069	43	.	.	PUNCT
ftr-441	2069	44	"	"	PUNCT
ftr-441	2070	1	'	'	PUNCT
ftr-441	2070	2	292	292	NUM
ftr-441	2070	3	where	where	SCONJ
ftr-441	2070	4	it	it	PRON
ftr-441	2070	5	applies	apply	VERB
ftr-441	2070	6	,	,	PUNCT
ftr-441	2070	7	section	section	NOUN
ftr-441	2070	8	341	341	NUM
ftr-441	2070	9	treats	treat	NOUN
ftr-441	2070	10	as	as	ADP
ftr-441	2070	11	ordinary	ordinary	ADJ
ftr-441	2070	12	income	income	NOUN
ftr-441	2070	13	any	any	DET
ftr-441	2070	14	capital	capital	NOUN
ftr-441	2070	15	gain	gain	NOUN
ftr-441	2070	16	from	from	ADP
ftr-441	2070	17	the	the	DET
ftr-441	2070	18	sale	sale	NOUN
ftr-441	2070	19	of	of	ADP
ftr-441	2070	20	an	an	DET
ftr-441	2070	21	s	s	PART
ftr-441	2070	22	corporation	corporation	NOUN
ftr-441	2070	23	's	's	PART
ftr-441	2070	24	stock	stock	NOUN
ftr-441	2070	25	or	or	CCONJ
ftr-441	2070	26	from	from	ADP
ftr-441	2070	27	a	a	DET
ftr-441	2070	28	distribution	distribution	NOUN
ftr-441	2070	29	treated	treat	VERB
ftr-441	2070	30	as	as	ADP
ftr-441	2070	31	a	a	DET
ftr-441	2070	32	sale	sale	NOUN
ftr-441	2070	33	or	or	CCONJ
ftr-441	2070	34	exchange	exchange	NOUN
ftr-441	2070	35	.	.	PUNCT
ftr-441	2071	1	93	93	NUM
ftr-441	2071	2	the	the	DET
ftr-441	2071	3	provision	provision	NOUN
ftr-441	2071	4	is	be	AUX
ftr-441	2071	5	a	a	DET
ftr-441	2071	6	close	close	ADJ
ftr-441	2071	7	brethren	brother	NOUN
ftr-441	2071	8	of	of	ADP
ftr-441	2071	9	the	the	DET
ftr-441	2071	10	collapsible	collapsible	ADJ
ftr-441	2071	11	partnership	partnership	NOUN
ftr-441	2071	12	rules	rule	NOUN
ftr-441	2071	13	,	,	PUNCT
ftr-441	2071	14	both	both	CCONJ
ftr-441	2071	15	in	in	ADP
ftr-441	2071	16	terms	term	NOUN
ftr-441	2071	17	of	of	ADP
ftr-441	2071	18	purpose	purpose	NOUN
ftr-441	2071	19	and	and	CCONJ
ftr-441	2071	20	complexity	complexity	NOUN
ftr-441	2071	21	.	.	PUNCT
ftr-441	2072	1	it	it	PRON
ftr-441	2072	2	therefore	therefore	ADV
ftr-441	2072	3	seems	seem	VERB
ftr-441	2072	4	inevitable	inevitable	ADJ
ftr-441	2072	5	that	that	SCONJ
ftr-441	2072	6	neither	neither	PRON
ftr-441	2072	7	of	of	ADP
ftr-441	2072	8	these	these	DET
ftr-441	2072	9	rules	rule	NOUN
ftr-441	2072	10	will	will	AUX
ftr-441	2072	11	be	be	AUX
ftr-441	2072	12	included	include	VERB
ftr-441	2072	13	in	in	ADP
ftr-441	2072	14	any	any	DET
ftr-441	2072	15	simple	simple	ADJ
ftr-441	2072	16	regime	regime	NOUN
ftr-441	2072	17	such	such	ADJ
ftr-441	2072	18	as	as	ADP
ftr-441	2072	19	the	the	DET
ftr-441	2072	20	spbf	spbf	ADJ
ftr-441	2072	21	system	system	NOUN
ftr-441	2072	22	.	.	PUNCT
ftr-441	2073	1	the	the	DET
ftr-441	2073	2	question	question	NOUN
ftr-441	2073	3	is	be	AUX
ftr-441	2073	4	whether	whether	SCONJ
ftr-441	2073	5	it	it	PRON
ftr-441	2073	6	is	be	AUX
ftr-441	2073	7	necessary	necessary	ADJ
ftr-441	2073	8	to	to	PART
ftr-441	2073	9	preserve	preserve	VERB
ftr-441	2073	10	some	some	DET
ftr-441	2073	11	part	part	NOUN
ftr-441	2073	12	of	of	ADP
ftr-441	2073	13	them	they	PRON
ftr-441	2073	14	in	in	ADP
ftr-441	2073	15	order	order	NOUN
ftr-441	2073	16	to	to	PART
ftr-441	2073	17	avoid	avoid	VERB
ftr-441	2073	18	abuse	abuse	NOUN
ftr-441	2073	19	of	of	ADP
ftr-441	2073	20	the	the	DET
ftr-441	2073	21	spbf	spbf	ADJ
ftr-441	2073	22	structure	structure	NOUN
ftr-441	2073	23	.	.	PUNCT
ftr-441	2074	1	consider	consider	VERB
ftr-441	2074	2	the	the	DET
ftr-441	2074	3	following	follow	VERB
ftr-441	2074	4	example	example	NOUN
ftr-441	2074	5	:	:	PUNCT
ftr-441	2074	6	example	example	NOUN
ftr-441	2074	7	7	7	NUM
ftr-441	2074	8	.	.	PUNCT
ftr-441	2075	1	taxpayer	taxpayer	NOUN
ftr-441	2075	2	g	g	PROPN
ftr-441	2075	3	owns	own	VERB
ftr-441	2075	4	an	an	DET
ftr-441	2075	5	asset	asset	NOUN
ftr-441	2075	6	with	with	ADP
ftr-441	2075	7	a	a	DET
ftr-441	2075	8	significant	significant	ADJ
ftr-441	2075	9	amount	amount	NOUN
ftr-441	2075	10	of	of	ADP
ftr-441	2075	11	unrealized	unrealized	ADJ
ftr-441	2075	12	ordinary	ordinary	ADJ
ftr-441	2075	13	income	income	NOUN
ftr-441	2075	14	.	.	PUNCT
ftr-441	2076	1	g	g	NOUN
ftr-441	2076	2	transfers	transfer	VERB
ftr-441	2076	3	the	the	DET
ftr-441	2076	4	asset	asset	NOUN
ftr-441	2076	5	to	to	ADP
ftr-441	2076	6	an	an	DET
ftr-441	2076	7	spbf	spbf	NOUN
ftr-441	2076	8	in	in	ADP
ftr-441	2076	9	exchange	exchange	NOUN
ftr-441	2076	10	for	for	ADP
ftr-441	2076	11	an	an	DET
ftr-441	2076	12	ownership	ownership	NOUN
ftr-441	2076	13	interest	interest	NOUN
ftr-441	2076	14	in	in	ADP
ftr-441	2076	15	the	the	DET
ftr-441	2076	16	firm	firm	NOUN
ftr-441	2076	17	.	.	PUNCT
ftr-441	2077	1	g	g	PROPN
ftr-441	2077	2	subsequently	subsequently	ADV
ftr-441	2077	3	sells	sell	VERB
ftr-441	2077	4	the	the	DET
ftr-441	2077	5	interest	interest	NOUN
ftr-441	2077	6	to	to	ADP
ftr-441	2077	7	h	h	NOUN
ftr-441	2077	8	,	,	PUNCT
ftr-441	2077	9	recognizing	recognize	VERB
ftr-441	2077	10	capital	capital	NOUN
ftr-441	2077	11	gain	gain	NOUN
ftr-441	2077	12	on	on	ADP
ftr-441	2077	13	the	the	DET
ftr-441	2077	14	sale	sale	NOUN
ftr-441	2077	15	.	.	PUNCT
ftr-441	2078	1	one	one	NUM
ftr-441	2078	2	small	small	ADJ
ftr-441	2078	3	way	way	NOUN
ftr-441	2078	4	the	the	DET
ftr-441	2078	5	proposed	propose	VERB
ftr-441	2078	6	spbf	spbf	NOUN
ftr-441	2078	7	rules	rule	NOUN
ftr-441	2078	8	would	would	AUX
ftr-441	2078	9	prevent	prevent	VERB
ftr-441	2078	10	this	this	DET
ftr-441	2078	11	transaction	transaction	NOUN
ftr-441	2078	12	is	be	AUX
ftr-441	2078	13	by	by	ADP
ftr-441	2078	14	restricting	restrict	VERB
ftr-441	2078	15	the	the	DET
ftr-441	2078	16	instances	instance	NOUN
ftr-441	2078	17	in	in	ADP
ftr-441	2078	18	which	which	PRON
ftr-441	2078	19	g	g	NOUN
ftr-441	2078	20	could	could	AUX
ftr-441	2078	21	transfer	transfer	VERB
ftr-441	2078	22	the	the	DET
ftr-441	2078	23	asset	asset	NOUN
ftr-441	2078	24	tax	tax	NOUN
ftr-441	2078	25	-	-	PUNCT
ftr-441	2078	26	free	free	ADJ
ftr-441	2078	27	to	to	ADP
ftr-441	2078	28	the	the	DET
ftr-441	2078	29	firm	firm	NOUN
ftr-441	2078	30	.	.	PUNCT
ftr-441	2079	1	a	a	DET
ftr-441	2079	2	more	more	ADV
ftr-441	2079	3	important	important	ADJ
ftr-441	2079	4	protection	protection	NOUN
ftr-441	2079	5	,	,	PUNCT
ftr-441	2079	6	however	however	ADV
ftr-441	2079	7	,	,	PUNCT
ftr-441	2079	8	is	be	AUX
ftr-441	2079	9	the	the	DET
ftr-441	2079	10	ownership	ownership	NOUN
ftr-441	2079	11	limitations	limitation	NOUN
ftr-441	2079	12	of	of	ADP
ftr-441	2079	13	an	an	DET
ftr-441	2079	14	spbf	spbf	NOUN
ftr-441	2079	15	.	.	PUNCT
ftr-441	2080	1	to	to	ADP
ftr-441	2080	2	the	the	DET
ftr-441	2080	3	extent	extent	NOUN
ftr-441	2080	4	the	the	DET
ftr-441	2080	5	owners	owner	NOUN
ftr-441	2080	6	of	of	ADP
ftr-441	2080	7	an	an	DET
ftr-441	2080	8	spbf	spbf	NOUN
ftr-441	2080	9	are	be	AUX
ftr-441	2080	10	in	in	ADP
ftr-441	2080	11	roughly	roughly	ADV
ftr-441	2080	12	the	the	DET
ftr-441	2080	13	same	same	ADJ
ftr-441	2080	14	tax	tax	NOUN
ftr-441	2080	15	position	position	NOUN
ftr-441	2080	16	,	,	PUNCT
ftr-441	2080	17	concerns	concern	VERB
ftr-441	2080	18	that	that	SCONJ
ftr-441	2080	19	one	one	NUM
ftr-441	2080	20	taxpayer	taxpayer	NOUN
ftr-441	2080	21	may	may	AUX
ftr-441	2080	22	avoid	avoid	VERB
ftr-441	2080	23	some	some	DET
ftr-441	2080	24	tax	tax	NOUN
ftr-441	2080	25	at	at	ADP
ftr-441	2080	26	the	the	DET
ftr-441	2080	27	expense	expense	NOUN
ftr-441	2080	28	of	of	ADP
ftr-441	2080	29	another	another	DET
ftr-441	2080	30	owner	owner	NOUN
ftr-441	2080	31	may	may	AUX
ftr-441	2080	32	be	be	AUX
ftr-441	2080	33	minimized	minimize	VERB
ftr-441	2080	34	.	.	PUNCT
ftr-441	2081	1	in	in	ADP
ftr-441	2081	2	other	other	ADJ
ftr-441	2081	3	words	word	NOUN
ftr-441	2081	4	,	,	PUNCT
ftr-441	2081	5	as	as	ADV
ftr-441	2081	6	long	long	ADV
ftr-441	2081	7	as	as	SCONJ
ftr-441	2081	8	the	the	DET
ftr-441	2081	9	issue	issue	NOUN
ftr-441	2081	10	is	be	AUX
ftr-441	2081	11	the	the	DET
ftr-441	2081	12	proper	proper	ADJ
ftr-441	2081	13	allocation	allocation	NOUN
ftr-441	2081	14	of	of	ADP
ftr-441	2081	15	income	income	NOUN
ftr-441	2081	16	character	character	NOUN
ftr-441	2081	17	among	among	ADP
ftr-441	2081	18	the	the	DET
ftr-441	2081	19	owners	owner	NOUN
ftr-441	2081	20	,	,	PUNCT
ftr-441	2081	21	the	the	DET
ftr-441	2081	22	spbf	spbf	ADJ
ftr-441	2081	23	ownership	ownership	NOUN
ftr-441	2081	24	rules	rule	NOUN
ftr-441	2081	25	may	may	AUX
ftr-441	2081	26	provide	provide	VERB
ftr-441	2081	27	adequate	adequate	ADJ
ftr-441	2081	28	protection	protection	NOUN
ftr-441	2081	29	without	without	ADP
ftr-441	2081	30	the	the	DET
ftr-441	2081	31	need	need	NOUN
ftr-441	2081	32	for	for	ADP
ftr-441	2081	33	a	a	DET
ftr-441	2081	34	special	special	ADJ
ftr-441	2081	35	set	set	NOUN
ftr-441	2081	36	of	of	ADP
ftr-441	2081	37	rules	rule	NOUN
ftr-441	2081	38	.	.	PUNCT
ftr-441	2082	1	thus	thus	ADV
ftr-441	2082	2	,	,	PUNCT
ftr-441	2082	3	example	example	NOUN
ftr-441	2082	4	7	7	NUM
ftr-441	2082	5	should	should	AUX
ftr-441	2082	6	not	not	PART
ftr-441	2082	7	lead	lead	VERB
ftr-441	2082	8	to	to	ADP
ftr-441	2082	9	major	major	ADJ
ftr-441	2082	10	tax	tax	NOUN
ftr-441	2082	11	avoidance	avoidance	NOUN
ftr-441	2082	12	if	if	SCONJ
ftr-441	2082	13	h	h	PROPN
ftr-441	2082	14	(	(	PUNCT
ftr-441	2082	15	and	and	CCONJ
ftr-441	2082	16	any	any	DET
ftr-441	2082	17	other	other	ADJ
ftr-441	2082	18	owners	owner	NOUN
ftr-441	2082	19	of	of	ADP
ftr-441	2082	20	the	the	DET
ftr-441	2082	21	firm	firm	NOUN
ftr-441	2082	22	)	)	PUNCT
ftr-441	2082	23	can	can	AUX
ftr-441	2082	24	be	be	AUX
ftr-441	2082	25	expected	expect	VERB
ftr-441	2082	26	to	to	PART
ftr-441	2082	27	pay	pay	VERB
ftr-441	2082	28	tax	tax	NOUN
ftr-441	2082	29	at	at	ADP
ftr-441	2082	30	roughly	roughly	ADV
ftr-441	2082	31	the	the	DET
ftr-441	2082	32	same	same	ADJ
ftr-441	2082	33	rate	rate	NOUN
ftr-441	2082	34	g	g	PROPN
ftr-441	2082	35	would	would	AUX
ftr-441	2082	36	have	have	AUX
ftr-441	2082	37	been	be	AUX
ftr-441	2082	38	subject	subject	ADJ
ftr-441	2082	39	to.294	to.294	NOUN
ftr-441	2082	40	so	so	ADV
ftr-441	2082	41	long	long	ADV
ftr-441	2082	42	as	as	ADP
ftr-441	2082	43	the	the	DET
ftr-441	2082	44	unrealized	unrealized	ADJ
ftr-441	2082	45	ordinary	ordinary	ADJ
ftr-441	2082	46	292	292	NUM
ftr-441	2082	47	.	.	PUNCT
ftr-441	2083	1	american	american	PROPN
ftr-441	2083	2	law	law	PROPN
ftr-441	2083	3	institute	institute	PROPN
ftr-441	2083	4	,	,	PUNCT
ftr-441	2083	5	proposals	proposal	NOUN
ftr-441	2083	6	of	of	ADP
ftr-441	2083	7	the	the	DET
ftr-441	2083	8	american	american	PROPN
ftr-441	2083	9	law	law	PROPN
ftr-441	2083	10	institute	institute	NOUN
ftr-441	2083	11	on	on	ADP
ftr-441	2083	12	the	the	DET
ftr-441	2083	13	income	income	NOUN
ftr-441	2083	14	taxation	taxation	NOUN
ftr-441	2083	15	of	of	ADP
ftr-441	2083	16	corporate	corporate	ADJ
ftr-441	2083	17	acquisitions	acquisition	NOUN
ftr-441	2083	18	and	and	CCONJ
ftr-441	2083	19	dispositions	disposition	NOUN
ftr-441	2083	20	,	,	PUNCT
ftr-441	2083	21	a.l.i	a.l.i	PROPN
ftr-441	2083	22	.	.	PUNCT
ftr-441	2084	1	federal	federal	ADJ
ftr-441	2084	2	income	income	NOUN
ftr-441	2084	3	tax	tax	NOUN
ftr-441	2084	4	project	project	NOUN
ftr-441	2084	5	,	,	PUNCT
ftr-441	2084	6	subchapter	subchapter	NOUN
ftr-441	2084	7	c	c	PROPN
ftr-441	2084	8	111	111	NUM
ftr-441	2084	9	(	(	PUNCT
ftr-441	2084	10	1982	1982	NUM
ftr-441	2084	11	)	)	PUNCT
ftr-441	2084	12	.	.	PUNCT
ftr-441	2085	1	293	293	NUM
ftr-441	2085	2	.	.	PUNCT
ftr-441	2085	3	see	see	VERB
ftr-441	2085	4	irc	irc	PROPN
ftr-441	2085	5	§	§	PROPN
ftr-441	2085	6	341(a	341(a	PROPN
ftr-441	2085	7	)	)	PUNCT
ftr-441	2085	8	.	.	PUNCT
ftr-441	2086	1	294	294	NUM
ftr-441	2086	2	.	.	PUNCT
ftr-441	2087	1	if	if	SCONJ
ftr-441	2087	2	h	h	NOUN
ftr-441	2087	3	were	be	AUX
ftr-441	2087	4	not	not	PART
ftr-441	2087	5	a	a	DET
ftr-441	2087	6	permissible	permissible	ADJ
ftr-441	2087	7	owner	owner	NOUN
ftr-441	2087	8	of	of	ADP
ftr-441	2087	9	an	an	DET
ftr-441	2087	10	spbf	spbf	NOUN
ftr-441	2087	11	,	,	PUNCT
ftr-441	2087	12	then	then	ADV
ftr-441	2087	13	eligibility	eligibility	NOUN
ftr-441	2087	14	for	for	ADP
ftr-441	2087	15	the	the	DET
ftr-441	2087	16	simplified	simplified	ADJ
ftr-441	2087	17	system	system	NOUN
ftr-441	2087	18	would	would	AUX
ftr-441	2087	19	end	end	VERB
ftr-441	2087	20	with	with	ADP
ftr-441	2087	21	the	the	DET
ftr-441	2087	22	sale	sale	NOUN
ftr-441	2087	23	.	.	PUNCT
ftr-441	2088	1	we	we	PRON
ftr-441	2088	2	have	have	AUX
ftr-441	2088	3	not	not	PART
ftr-441	2088	4	worked	work	VERB
ftr-441	2088	5	out	out	ADP
ftr-441	2088	6	all	all	PRON
ftr-441	2088	7	of	of	ADP
ftr-441	2088	8	the	the	DET
ftr-441	2088	9	consequences	consequence	NOUN
ftr-441	2088	10	of	of	ADP
ftr-441	2088	11	a	a	DET
ftr-441	2088	12	transition	transition	NOUN
ftr-441	2088	13	from	from	ADP
ftr-441	2088	14	the	the	DET
ftr-441	2088	15	spbf	spbf	ADJ
ftr-441	2088	16	system	system	NOUN
ftr-441	2088	17	to	to	ADP
ftr-441	2088	18	the	the	DET
ftr-441	2088	19	default	default	NOUN
ftr-441	2088	20	conduit	conduit	NOUN
ftr-441	2088	21	system	system	NOUN
ftr-441	2088	22	,	,	PUNCT
ftr-441	2088	23	but	but	CCONJ
ftr-441	2088	24	presumably	presumably	ADV
ftr-441	2088	25	one	one	NUM
ftr-441	2088	26	[	[	PUNCT
ftr-441	2088	27	not	not	PART
ftr-441	2088	28	4:3	4:3	NUM
ftr-441	2088	29	the	the	DET
ftr-441	2088	30	future	future	ADJ
ftr-441	2088	31	taxation	taxation	NOUN
ftr-441	2088	32	of	of	ADP
ftr-441	2088	33	private	private	ADJ
ftr-441	2088	34	business	business	NOUN
ftr-441	2088	35	firms	firm	NOUN
ftr-441	2088	36	income	income	NOUN
ftr-441	2088	37	remains	remain	VERB
ftr-441	2088	38	in	in	ADP
ftr-441	2088	39	the	the	DET
ftr-441	2088	40	spbf	spbf	NOUN
ftr-441	2088	41	following	follow	VERB
ftr-441	2088	42	the	the	DET
ftr-441	2088	43	sale	sale	NOUN
ftr-441	2088	44	,	,	PUNCT
ftr-441	2088	45	some	some	DET
ftr-441	2088	46	future	future	ADJ
ftr-441	2088	47	owner	owner	NOUN
ftr-441	2088	48	will	will	AUX
ftr-441	2088	49	have	have	VERB
ftr-441	2088	50	to	to	PART
ftr-441	2088	51	pay	pay	VERB
ftr-441	2088	52	tax	tax	NOUN
ftr-441	2088	53	on	on	ADP
ftr-441	2088	54	it	it	PRON
ftr-441	2088	55	.	.	PUNCT
ftr-441	2089	1	as	as	SCONJ
ftr-441	2089	2	described	describe	VERB
ftr-441	2089	3	in	in	ADP
ftr-441	2089	4	the	the	DET
ftr-441	2089	5	next	next	ADJ
ftr-441	2089	6	section	section	NOUN
ftr-441	2089	7	,	,	PUNCT
ftr-441	2089	8	no	no	DET
ftr-441	2089	9	inside	inside	ADJ
ftr-441	2089	10	basis	basis	NOUN
ftr-441	2089	11	adjustment	adjustment	NOUN
ftr-441	2089	12	is	be	AUX
ftr-441	2089	13	authorized	authorize	VERB
ftr-441	2089	14	upon	upon	SCONJ
ftr-441	2089	15	sale	sale	NOUN
ftr-441	2089	16	of	of	ADP
ftr-441	2089	17	an	an	DET
ftr-441	2089	18	spbf	spbf	ADJ
ftr-441	2089	19	ownership	ownership	NOUN
ftr-441	2089	20	interest	interest	NOUN
ftr-441	2089	21	.	.	PUNCT
ftr-441	2090	1	thus	thus	ADV
ftr-441	2090	2	,	,	PUNCT
ftr-441	2090	3	any	any	DET
ftr-441	2090	4	unrealized	unrealized	ADJ
ftr-441	2090	5	income	income	NOUN
ftr-441	2090	6	of	of	ADP
ftr-441	2090	7	the	the	DET
ftr-441	2090	8	spbf	spbf	NOUN
ftr-441	2090	9	should	should	AUX
ftr-441	2090	10	ordinarily	ordinarily	ADV
ftr-441	2090	11	remain	remain	VERB
ftr-441	2090	12	inside	inside	ADP
ftr-441	2090	13	the	the	DET
ftr-441	2090	14	firm	firm	NOUN
ftr-441	2090	15	following	follow	VERB
ftr-441	2090	16	such	such	DET
ftr-441	2090	17	a	a	DET
ftr-441	2090	18	sale	sale	NOUN
ftr-441	2090	19	.	.	PUNCT
ftr-441	2091	1	indeed	indeed	ADV
ftr-441	2091	2	,	,	PUNCT
ftr-441	2091	3	under	under	ADP
ftr-441	2091	4	those	those	DET
ftr-441	2091	5	circumstances	circumstance	NOUN
ftr-441	2091	6	,	,	PUNCT
ftr-441	2091	7	one	one	PRON
ftr-441	2091	8	might	might	AUX
ftr-441	2091	9	even	even	ADV
ftr-441	2091	10	expect	expect	VERB
ftr-441	2091	11	h	h	NOUN
ftr-441	2091	12	's	's	PART
ftr-441	2091	13	purchase	purchase	NOUN
ftr-441	2091	14	price	price	NOUN
ftr-441	2091	15	for	for	ADP
ftr-441	2091	16	the	the	DET
ftr-441	2091	17	ownership	ownership	NOUN
ftr-441	2091	18	interest	interest	NOUN
ftr-441	2091	19	to	to	PART
ftr-441	2091	20	reflect	reflect	VERB
ftr-441	2091	21	to	to	ADP
ftr-441	2091	22	some	some	DET
ftr-441	2091	23	extent	extent	NOUN
ftr-441	2091	24	the	the	DET
ftr-441	2091	25	lurking	lurk	VERB
ftr-441	2091	26	ordinary	ordinary	ADJ
ftr-441	2091	27	income	income	NOUN
ftr-441	2091	28	tax	tax	NOUN
ftr-441	2091	29	liability	liability	NOUN
ftr-441	2091	30	inside	inside	ADP
ftr-441	2091	31	the	the	DET
ftr-441	2091	32	firm	firm	NOUN
ftr-441	2091	33	.	.	PUNCT
ftr-441	2092	1	a	a	DET
ftr-441	2092	2	similar	similar	ADJ
ftr-441	2092	3	analysis	analysis	NOUN
ftr-441	2092	4	applies	apply	VERB
ftr-441	2092	5	to	to	ADP
ftr-441	2092	6	distributions	distribution	NOUN
ftr-441	2092	7	.	.	PUNCT
ftr-441	2093	1	if	if	SCONJ
ftr-441	2093	2	a	a	DET
ftr-441	2093	3	non	non	ADJ
ftr-441	2093	4	-	-	ADJ
ftr-441	2093	5	pro	pro	ADJ
ftr-441	2093	6	rata	rata	ADJ
ftr-441	2093	7	distribution	distribution	NOUN
ftr-441	2093	8	of	of	ADP
ftr-441	2093	9	cash	cash	NOUN
ftr-441	2093	10	to	to	ADP
ftr-441	2093	11	one	one	NUM
ftr-441	2093	12	owner	owner	NOUN
ftr-441	2093	13	leaves	leave	VERB
ftr-441	2093	14	behind	behind	ADP
ftr-441	2093	15	a	a	DET
ftr-441	2093	16	disproportionate	disproportionate	ADJ
ftr-441	2093	17	amount	amount	NOUN
ftr-441	2093	18	of	of	ADP
ftr-441	2093	19	the	the	DET
ftr-441	2093	20	firm	firm	NOUN
ftr-441	2093	21	's	's	PART
ftr-441	2093	22	ordinary	ordinary	ADJ
ftr-441	2093	23	income	income	NOUN
ftr-441	2093	24	tax	tax	NOUN
ftr-441	2093	25	liability	liability	NOUN
ftr-441	2093	26	for	for	ADP
ftr-441	2093	27	another	another	DET
ftr-441	2093	28	owner	owner	NOUN
ftr-441	2093	29	,	,	PUNCT
ftr-441	2093	30	one	one	PRON
ftr-441	2093	31	might	might	AUX
ftr-441	2093	32	presume	presume	VERB
ftr-441	2093	33	that	that	SCONJ
ftr-441	2093	34	the	the	DET
ftr-441	2093	35	fisc	fisc	NOUN
ftr-441	2093	36	will	will	AUX
ftr-441	2093	37	come	come	VERB
ftr-441	2093	38	out	out	ADP
ftr-441	2093	39	about	about	ADP
ftr-441	2093	40	the	the	DET
ftr-441	2093	41	same	same	ADJ
ftr-441	2093	42	if	if	SCONJ
ftr-441	2093	43	the	the	DET
ftr-441	2093	44	two	two	NUM
ftr-441	2093	45	owners	owner	NOUN
ftr-441	2093	46	are	be	AUX
ftr-441	2093	47	in	in	ADP
ftr-441	2093	48	roughly	roughly	ADV
ftr-441	2093	49	the	the	DET
ftr-441	2093	50	same	same	ADJ
ftr-441	2093	51	tax	tax	NOUN
ftr-441	2093	52	position	position	NOUN
ftr-441	2093	53	.	.	PUNCT
ftr-441	2094	1	in	in	ADP
ftr-441	2094	2	a	a	DET
ftr-441	2094	3	rough	rough	ADJ
ftr-441	2094	4	way	way	NOUN
ftr-441	2094	5	,	,	PUNCT
ftr-441	2094	6	congress	congress	PROPN
ftr-441	2094	7	has	have	AUX
ftr-441	2094	8	shown	show	VERB
ftr-441	2094	9	acceptance	acceptance	NOUN
ftr-441	2094	10	of	of	ADP
ftr-441	2094	11	this	this	DET
ftr-441	2094	12	theory	theory	NOUN
ftr-441	2094	13	through	through	ADP
ftr-441	2094	14	enactment	enactment	NOUN
ftr-441	2094	15	of	of	ADP
ftr-441	2094	16	section	section	NOUN
ftr-441	2094	17	341(f	341(f	PROPN
ftr-441	2094	18	)	)	PUNCT
ftr-441	2094	19	.	.	PUNCT
ftr-441	2095	1	in	in	ADP
ftr-441	2095	2	general	general	ADJ
ftr-441	2095	3	,	,	PUNCT
ftr-441	2095	4	that	that	DET
ftr-441	2095	5	provision	provision	NOUN
ftr-441	2095	6	allows	allow	VERB
ftr-441	2095	7	a	a	DET
ftr-441	2095	8	shareholder	shareholder	NOUN
ftr-441	2095	9	to	to	PART
ftr-441	2095	10	recognize	recognize	VERB
ftr-441	2095	11	capital	capital	NOUN
ftr-441	2095	12	gain	gain	NOUN
ftr-441	2095	13	upon	upon	SCONJ
ftr-441	2095	14	the	the	DET
ftr-441	2095	15	sale	sale	NOUN
ftr-441	2095	16	of	of	ADP
ftr-441	2095	17	stock	stock	NOUN
ftr-441	2095	18	of	of	ADP
ftr-441	2095	19	a	a	DET
ftr-441	2095	20	collapsible	collapsible	ADJ
ftr-441	2095	21	corporation	corporation	NOUN
ftr-441	2095	22	on	on	ADP
ftr-441	2095	23	condition	condition	NOUN
ftr-441	2095	24	that	that	SCONJ
ftr-441	2095	25	the	the	DET
ftr-441	2095	26	corporation	corporation	NOUN
ftr-441	2095	27	recognize	recognize	VERB
ftr-441	2095	28	any	any	DET
ftr-441	2095	29	unrealized	unrealized	ADJ
ftr-441	2095	30	ordinary	ordinary	ADJ
ftr-441	2095	31	income	income	NOUN
ftr-441	2095	32	at	at	ADP
ftr-441	2095	33	some	some	DET
ftr-441	2095	34	future	future	ADJ
ftr-441	2095	35	point	point	NOUN
ftr-441	2095	36	in	in	ADP
ftr-441	2095	37	time	time	NOUN
ftr-441	2095	38	.	.	PUNCT
ftr-441	2096	1	in	in	ADP
ftr-441	2096	2	other	other	ADJ
ftr-441	2096	3	words	word	NOUN
ftr-441	2096	4	,	,	PUNCT
ftr-441	2096	5	as	as	ADV
ftr-441	2096	6	long	long	ADV
ftr-441	2096	7	as	as	SCONJ
ftr-441	2096	8	someone	someone	PRON
ftr-441	2096	9	pays	pay	VERB
ftr-441	2096	10	tax	tax	NOUN
ftr-441	2096	11	on	on	ADP
ftr-441	2096	12	the	the	DET
ftr-441	2096	13	ordinary	ordinary	ADJ
ftr-441	2096	14	income	income	NOUN
ftr-441	2096	15	--	--	PUNCT
ftr-441	2096	16	either	either	CCONJ
ftr-441	2096	17	the	the	DET
ftr-441	2096	18	remaining	remain	VERB
ftr-441	2096	19	shareholders	shareholder	NOUN
ftr-441	2096	20	of	of	ADP
ftr-441	2096	21	an	an	DET
ftr-441	2096	22	s	s	NOUN
ftr-441	2096	23	corporation	corporation	NOUN
ftr-441	2096	24	or	or	CCONJ
ftr-441	2096	25	the	the	DET
ftr-441	2096	26	corporation	corporation	NOUN
ftr-441	2096	27	itself	itself	PRON
ftr-441	2096	28	in	in	ADP
ftr-441	2096	29	the	the	DET
ftr-441	2096	30	case	case	NOUN
ftr-441	2096	31	of	of	ADP
ftr-441	2096	32	a	a	DET
ftr-441	2096	33	c	c	NOUN
ftr-441	2096	34	corporation	corporation	NOUN
ftr-441	2096	35	--	--	PUNCT
ftr-441	2096	36	the	the	DET
ftr-441	2096	37	concern	concern	NOUN
ftr-441	2096	38	of	of	ADP
ftr-441	2096	39	the	the	DET
ftr-441	2096	40	collapsible	collapsible	NOUN
ftr-441	2096	41	corporation	corporation	NOUN
ftr-441	2096	42	rules	rule	NOUN
ftr-441	2096	43	is	be	AUX
ftr-441	2096	44	satisfied	satisfied	ADJ
ftr-441	2096	45	.	.	PUNCT
ftr-441	2097	1	moreover	moreover	ADV
ftr-441	2097	2	,	,	PUNCT
ftr-441	2097	3	unlike	unlike	ADP
ftr-441	2097	4	the	the	DET
ftr-441	2097	5	protection	protection	NOUN
ftr-441	2097	6	offered	offer	VERB
ftr-441	2097	7	by	by	ADP
ftr-441	2097	8	the	the	DET
ftr-441	2097	9	spbf	spbf	ADJ
ftr-441	2097	10	ownership	ownership	NOUN
ftr-441	2097	11	rules	rule	NOUN
ftr-441	2097	12	,	,	PUNCT
ftr-441	2097	13	the	the	DET
ftr-441	2097	14	section	section	NOUN
ftr-441	2097	15	341(0	341(0	NUM
ftr-441	2097	16	election	election	NOUN
ftr-441	2097	17	is	be	AUX
ftr-441	2097	18	not	not	PART
ftr-441	2097	19	conditioned	condition	VERB
ftr-441	2097	20	on	on	ADP
ftr-441	2097	21	whether	whether	SCONJ
ftr-441	2097	22	the	the	DET
ftr-441	2097	23	ultimate	ultimate	ADJ
ftr-441	2097	24	taxpayer	taxpayer	NOUN
ftr-441	2097	25	is	be	AUX
ftr-441	2097	26	in	in	ADP
ftr-441	2097	27	the	the	DET
ftr-441	2097	28	same	same	ADJ
ftr-441	2097	29	tax	tax	NOUN
ftr-441	2097	30	position	position	NOUN
ftr-441	2097	31	as	as	ADP
ftr-441	2097	32	the	the	DET
ftr-441	2097	33	shareholder	shareholder	NOUN
ftr-441	2097	34	who	who	PRON
ftr-441	2097	35	sold	sell	VERB
ftr-441	2097	36	the	the	DET
ftr-441	2097	37	stock	stock	NOUN
ftr-441	2097	38	.	.	PUNCT
ftr-441	2097	39	'	'	PUNCT
ftr-441	2098	1	to	to	PART
ftr-441	2098	2	be	be	AUX
ftr-441	2098	3	sure	sure	ADJ
ftr-441	2098	4	,	,	PUNCT
ftr-441	2098	5	this	this	DET
ftr-441	2098	6	pollyannish	pollyannish	ADJ
ftr-441	2098	7	approach	approach	NOUN
ftr-441	2098	8	to	to	ADP
ftr-441	2098	9	taxing	tax	VERB
ftr-441	2098	10	spbfs	spbfs	NOUN
ftr-441	2098	11	will	will	AUX
ftr-441	2098	12	not	not	PART
ftr-441	2098	13	be	be	AUX
ftr-441	2098	14	justified	justify	VERB
ftr-441	2098	15	in	in	ADP
ftr-441	2098	16	every	every	DET
ftr-441	2098	17	case	case	NOUN
ftr-441	2098	18	.	.	PUNCT
ftr-441	2099	1	but	but	CCONJ
ftr-441	2099	2	even	even	ADV
ftr-441	2099	3	the	the	DET
ftr-441	2099	4	full	full	ADJ
ftr-441	2099	5	panoply	panoply	NOUN
ftr-441	2099	6	of	of	ADP
ftr-441	2099	7	current	current	ADJ
ftr-441	2099	8	subchapter	subchapter	NOUN
ftr-441	2099	9	k	k	PROPN
ftr-441	2099	10	does	do	AUX
ftr-441	2099	11	not	not	PART
ftr-441	2099	12	prevent	prevent	VERB
ftr-441	2099	13	taxpayers	taxpayer	NOUN
ftr-441	2099	14	from	from	ADP
ftr-441	2099	15	structuring	structure	VERB
ftr-441	2099	16	transactions	transaction	NOUN
ftr-441	2099	17	that	that	PRON
ftr-441	2099	18	fulfill	fulfill	VERB
ftr-441	2099	19	the	the	DET
ftr-441	2099	20	requirements	requirement	NOUN
ftr-441	2099	21	of	of	ADP
ftr-441	2099	22	the	the	DET
ftr-441	2099	23	code	code	NOUN
ftr-441	2099	24	and	and	CCONJ
ftr-441	2099	25	yet	yet	ADV
ftr-441	2099	26	appear	appear	VERB
ftr-441	2099	27	to	to	PART
ftr-441	2099	28	be	be	AUX
ftr-441	2099	29	inconsistent	inconsistent	ADJ
ftr-441	2099	30	with	with	ADP
ftr-441	2099	31	the	the	DET
ftr-441	2099	32	intent	intent	NOUN
ftr-441	2099	33	of	of	ADP
ftr-441	2099	34	this	this	DET
ftr-441	2099	35	subchapter.29	subchapter.29	NOUN
ftr-441	2099	36	furthermore	furthermore	ADV
ftr-441	2099	37	,	,	PUNCT
ftr-441	2099	38	rules	rule	NOUN
ftr-441	2099	39	are	be	AUX
ftr-441	2099	40	only	only	ADV
ftr-441	2099	41	as	as	ADV
ftr-441	2099	42	effective	effective	ADJ
ftr-441	2099	43	as	as	ADP
ftr-441	2099	44	their	their	PRON
ftr-441	2099	45	voluntary	voluntary	ADJ
ftr-441	2099	46	,	,	PUNCT
ftr-441	2099	47	correct	correct	ADJ
ftr-441	2099	48	observance	observance	NOUN
ftr-441	2099	49	by	by	ADP
ftr-441	2099	50	taxpayers	taxpayer	NOUN
ftr-441	2099	51	or	or	CCONJ
ftr-441	2099	52	their	their	PRON
ftr-441	2099	53	proper	proper	ADJ
ftr-441	2099	54	enforcement	enforcement	NOUN
ftr-441	2099	55	by	by	ADP
ftr-441	2099	56	the	the	DET
ftr-441	2099	57	irs	irs	PROPN
ftr-441	2099	58	,	,	PUNCT
ftr-441	2099	59	both	both	PRON
ftr-441	2099	60	of	of	ADP
ftr-441	2099	61	which	which	PRON
ftr-441	2099	62	being	be	AUX
ftr-441	2099	63	matters	matter	NOUN
ftr-441	2099	64	of	of	ADP
ftr-441	2099	65	serious	serious	ADJ
ftr-441	2099	66	doubt	doubt	NOUN
ftr-441	2099	67	when	when	SCONJ
ftr-441	2099	68	it	it	PRON
ftr-441	2099	69	comes	come	VERB
ftr-441	2099	70	to	to	ADP
ftr-441	2099	71	provisions	provision	NOUN
ftr-441	2099	72	such	such	ADJ
ftr-441	2099	73	as	as	ADP
ftr-441	2099	74	the	the	DET
ftr-441	2099	75	collapsible	collapsible	ADJ
ftr-441	2099	76	partnership	partnership	NOUN
ftr-441	2099	77	and	and	CCONJ
ftr-441	2099	78	corporation	corporation	NOUN
ftr-441	2099	79	rules	rule	NOUN
ftr-441	2099	80	.	.	PUNCT
ftr-441	2100	1	although	although	SCONJ
ftr-441	2100	2	some	some	DET
ftr-441	2100	3	abuses	abuse	NOUN
ftr-441	2100	4	will	will	AUX
ftr-441	2100	5	no	no	ADV
ftr-441	2100	6	doubt	doubt	ADV
ftr-441	2100	7	remain	remain	VERB
ftr-441	2100	8	in	in	ADP
ftr-441	2100	9	the	the	DET
ftr-441	2100	10	spbf	spbf	ADJ
ftr-441	2100	11	system	system	NOUN
ftr-441	2100	12	,	,	PUNCT
ftr-441	2100	13	the	the	DET
ftr-441	2100	14	goal	goal	NOUN
ftr-441	2100	15	of	of	ADP
ftr-441	2100	16	the	the	DET
ftr-441	2100	17	consequence	consequence	NOUN
ftr-441	2100	18	would	would	AUX
ftr-441	2100	19	be	be	AUX
ftr-441	2100	20	the	the	DET
ftr-441	2100	21	application	application	NOUN
ftr-441	2100	22	of	of	ADP
ftr-441	2100	23	the	the	DET
ftr-441	2100	24	normal	normal	ADJ
ftr-441	2100	25	default	default	NOUN
ftr-441	2100	26	system	system	NOUN
ftr-441	2100	27	rules	rule	NOUN
ftr-441	2100	28	to	to	ADP
ftr-441	2100	29	the	the	DET
ftr-441	2100	30	terminating	terminate	VERB
ftr-441	2100	31	transaction	transaction	NOUN
ftr-441	2100	32	.	.	PUNCT
ftr-441	2101	1	thus	thus	ADV
ftr-441	2101	2	,	,	PUNCT
ftr-441	2101	3	if	if	SCONJ
ftr-441	2101	4	§	§	PROPN
ftr-441	2101	5	751(a	751(a	PROPN
ftr-441	2101	6	)	)	PUNCT
ftr-441	2101	7	were	be	AUX
ftr-441	2101	8	part	part	NOUN
ftr-441	2101	9	of	of	ADP
ftr-441	2101	10	the	the	DET
ftr-441	2101	11	default	default	NOUN
ftr-441	2101	12	system	system	NOUN
ftr-441	2101	13	,	,	PUNCT
ftr-441	2101	14	it	it	PRON
ftr-441	2101	15	would	would	AUX
ftr-441	2101	16	potentially	potentially	ADV
ftr-441	2101	17	recharacterize	recharacterize	VERB
ftr-441	2101	18	g	g	NOUN
ftr-441	2101	19	's	's	PART
ftr-441	2101	20	gain	gain	NOUN
ftr-441	2101	21	on	on	ADP
ftr-441	2101	22	the	the	DET
ftr-441	2101	23	sale	sale	NOUN
ftr-441	2101	24	from	from	ADP
ftr-441	2101	25	capital	capital	NOUN
ftr-441	2101	26	gain	gain	NOUN
ftr-441	2101	27	to	to	ADP
ftr-441	2101	28	ordinary	ordinary	ADJ
ftr-441	2101	29	income	income	NOUN
ftr-441	2101	30	.	.	PUNCT
ftr-441	2102	1	295	295	NUM
ftr-441	2102	2	.	.	PUNCT
ftr-441	2103	1	the	the	DET
ftr-441	2103	2	rule	rule	NOUN
ftr-441	2103	3	may	may	AUX
ftr-441	2103	4	,	,	PUNCT
ftr-441	2103	5	nevertheless	nevertheless	ADV
ftr-441	2103	6	,	,	PUNCT
ftr-441	2103	7	have	have	VERB
ftr-441	2103	8	that	that	DET
ftr-441	2103	9	general	general	ADJ
ftr-441	2103	10	effect	effect	NOUN
ftr-441	2103	11	.	.	PUNCT
ftr-441	2104	1	c	c	NOUN
ftr-441	2104	2	corporations	corporation	NOUN
ftr-441	2104	3	with	with	ADP
ftr-441	2104	4	taxable	taxable	ADJ
ftr-441	2104	5	income	income	NOUN
ftr-441	2104	6	of	of	ADP
ftr-441	2104	7	$	$	SYM
ftr-441	2104	8	75,000	75,000	NUM
ftr-441	2104	9	or	or	CCONJ
ftr-441	2104	10	more	more	ADJ
ftr-441	2104	11	are	be	AUX
ftr-441	2104	12	taxed	tax	VERB
ftr-441	2104	13	near	near	ADP
ftr-441	2104	14	the	the	DET
ftr-441	2104	15	highest	high	ADJ
ftr-441	2104	16	individual	individual	ADJ
ftr-441	2104	17	rates	rate	NOUN
ftr-441	2104	18	.	.	PUNCT
ftr-441	2105	1	and	and	CCONJ
ftr-441	2105	2	s	s	VERB
ftr-441	2105	3	corporations	corporation	NOUN
ftr-441	2105	4	have	have	VERB
ftr-441	2105	5	approximately	approximately	ADV
ftr-441	2105	6	the	the	DET
ftr-441	2105	7	same	same	ADJ
ftr-441	2105	8	ownership	ownership	NOUN
ftr-441	2105	9	restrictions	restriction	NOUN
ftr-441	2105	10	as	as	ADP
ftr-441	2105	11	an	an	DET
ftr-441	2105	12	spbf	spbf	NOUN
ftr-441	2105	13	.	.	PUNCT
ftr-441	2106	1	of	of	ADP
ftr-441	2106	2	course	course	NOUN
ftr-441	2106	3	,	,	PUNCT
ftr-441	2106	4	the	the	DET
ftr-441	2106	5	§	§	PROPN
ftr-441	2106	6	341(f	341(f	PROPN
ftr-441	2106	7	)	)	PUNCT
ftr-441	2106	8	election	election	NOUN
ftr-441	2106	9	is	be	AUX
ftr-441	2106	10	nonsensical	nonsensical	ADJ
ftr-441	2106	11	in	in	ADP
ftr-441	2106	12	today	today	NOUN
ftr-441	2106	13	's	's	PART
ftr-441	2106	14	world	world	NOUN
ftr-441	2106	15	with	with	ADP
ftr-441	2106	16	the	the	DET
ftr-441	2106	17	repeal	repeal	NOUN
ftr-441	2106	18	of	of	ADP
ftr-441	2106	19	general	general	ADJ
ftr-441	2106	20	utiities	utiitie	NOUN
ftr-441	2106	21	.	.	PUNCT
ftr-441	2107	1	the	the	DET
ftr-441	2107	2	taxpayer	taxpayer	NOUN
ftr-441	2107	3	gets	get	VERB
ftr-441	2107	4	a	a	DET
ftr-441	2107	5	benefit	benefit	NOUN
ftr-441	2107	6	by	by	ADP
ftr-441	2107	7	having	have	VERB
ftr-441	2107	8	the	the	DET
ftr-441	2107	9	corporation	corporation	NOUN
ftr-441	2107	10	agree	agree	VERB
ftr-441	2107	11	to	to	PART
ftr-441	2107	12	do	do	VERB
ftr-441	2107	13	something	something	PRON
ftr-441	2107	14	--	--	PUNCT
ftr-441	2107	15	recognize	recognize	VERB
ftr-441	2107	16	corporatelevel	corporatelevel	ADJ
ftr-441	2107	17	income	income	NOUN
ftr-441	2107	18	--	--	PUNCT
ftr-441	2107	19	which	which	PRON
ftr-441	2107	20	is	be	AUX
ftr-441	2107	21	already	already	ADV
ftr-441	2107	22	required	require	VERB
ftr-441	2107	23	by	by	ADP
ftr-441	2107	24	law	law	NOUN
ftr-441	2107	25	.	.	PUNCT
ftr-441	2108	1	296	296	NUM
ftr-441	2108	2	.	.	X
ftr-441	2109	1	see	see	VERB
ftr-441	2109	2	n.y.s.b.a	n.y.s.b.a	NOUN
ftr-441	2109	3	.	.	PUNCT
ftr-441	2110	1	tax	tax	NOUN
ftr-441	2110	2	section	section	NOUN
ftr-441	2110	3	report	report	NOUN
ftr-441	2110	4	,	,	PUNCT
ftr-441	2110	5	supra	supra	PROPN
ftr-441	2110	6	note	note	NOUN
ftr-441	2110	7	67	67	NUM
ftr-441	2110	8	.	.	PUNCT
ftr-441	2111	1	see	see	VERB
ftr-441	2111	2	also	also	ADV
ftr-441	2111	3	regs	reg	VERB
ftr-441	2111	4	.	.	PUNCT
ftr-441	2112	1	§	§	PROPN
ftr-441	2112	2	1.7012(d	1.7012(d	NUM
ftr-441	2112	3	)	)	PUNCT
ftr-441	2112	4	,	,	PUNCT
ftr-441	2112	5	exs	exs	PROPN
ftr-441	2112	6	.	.	PROPN
ftr-441	2112	7	7	7	NUM
ftr-441	2112	8	,	,	PUNCT
ftr-441	2112	9	8	8	NUM
ftr-441	2112	10	;	;	PUNCT
ftr-441	2112	11	ti	ti	NOUN
ftr-441	2112	12	)	)	PUNCT
ftr-441	2112	13	.	.	PUNCT
ftr-441	2113	1	8588	8588	NUM
ftr-441	2113	2	,	,	PUNCT
ftr-441	2113	3	1995	1995	NUM
ftr-441	2113	4	-	-	SYM
ftr-441	2113	5	1	1	NUM
ftr-441	2113	6	c.b	c.b	PROPN
ftr-441	2113	7	.	.	PROPN
ftr-441	2113	8	109	109	NUM
ftr-441	2113	9	(	(	PUNCT
ftr-441	2113	10	preamble	preamble	NOUN
ftr-441	2113	11	to	to	ADP
ftr-441	2113	12	original	original	ADJ
ftr-441	2113	13	version	version	NOUN
ftr-441	2113	14	of	of	ADP
ftr-441	2113	15	regs	reg	NOUN
ftr-441	2113	16	.	.	PUNCT
ftr-441	2114	1	§	§	PROPN
ftr-441	2114	2	1.701	1.701	NUM
ftr-441	2114	3	-	-	SYM
ftr-441	2114	4	2	2	NUM
ftr-441	2114	5	)	)	PUNCT
ftr-441	2114	6	.	.	PUNCT
ftr-441	2115	1	19991	19991	NUM
ftr-441	2115	2	florida	florida	PROPN
ftr-441	2115	3	tax	tax	NOUN
ftr-441	2115	4	review	review	NOUN
ftr-441	2115	5	structure	structure	NOUN
ftr-441	2115	6	is	be	AUX
ftr-441	2115	7	to	to	PART
ftr-441	2115	8	balance	balance	VERB
ftr-441	2115	9	the	the	DET
ftr-441	2115	10	needs	need	NOUN
ftr-441	2115	11	of	of	ADP
ftr-441	2115	12	the	the	DET
ftr-441	2115	13	fisc	fisc	NOUN
ftr-441	2115	14	with	with	ADP
ftr-441	2115	15	the	the	DET
ftr-441	2115	16	desire	desire	NOUN
ftr-441	2115	17	to	to	PART
ftr-441	2115	18	have	have	AUX
ftr-441	2115	19	a	a	DET
ftr-441	2115	20	system	system	NOUN
ftr-441	2115	21	that	that	PRON
ftr-441	2115	22	can	can	AUX
ftr-441	2115	23	be	be	AUX
ftr-441	2115	24	applied	apply	VERB
ftr-441	2115	25	by	by	ADP
ftr-441	2115	26	the	the	DET
ftr-441	2115	27	taxpayers	taxpayer	NOUN
ftr-441	2115	28	who	who	PRON
ftr-441	2115	29	elect	elect	VERB
ftr-441	2115	30	to	to	PART
ftr-441	2115	31	use	use	VERB
ftr-441	2115	32	it	it	PRON
ftr-441	2115	33	.	.	PUNCT
ftr-441	2116	1	omitting	omit	VERB
ftr-441	2116	2	the	the	DET
ftr-441	2116	3	collapsible	collapsible	ADJ
ftr-441	2116	4	partnership	partnership	NOUN
ftr-441	2116	5	and	and	CCONJ
ftr-441	2116	6	corporation	corporation	NOUN
ftr-441	2116	7	rules	rule	NOUN
ftr-441	2116	8	from	from	ADP
ftr-441	2116	9	the	the	DET
ftr-441	2116	10	spbf	spbf	ADJ
ftr-441	2116	11	structure	structure	NOUN
ftr-441	2116	12	may	may	AUX
ftr-441	2116	13	lead	lead	VERB
ftr-441	2116	14	to	to	ADP
ftr-441	2116	15	the	the	DET
ftr-441	2116	16	shifting	shifting	NOUN
ftr-441	2116	17	of	of	ADP
ftr-441	2116	18	some	some	DET
ftr-441	2116	19	ordinary	ordinary	ADJ
ftr-441	2116	20	income	income	NOUN
ftr-441	2116	21	and	and	CCONJ
ftr-441	2116	22	capital	capital	NOUN
ftr-441	2116	23	gain	gain	NOUN
ftr-441	2116	24	among	among	ADP
ftr-441	2116	25	owners	owner	NOUN
ftr-441	2116	26	of	of	ADP
ftr-441	2116	27	an	an	DET
ftr-441	2116	28	spbf	spbf	NOUN
ftr-441	2116	29	,	,	PUNCT
ftr-441	2116	30	but	but	CCONJ
ftr-441	2116	31	should	should	AUX
ftr-441	2116	32	not	not	PART
ftr-441	2116	33	lead	lead	VERB
ftr-441	2116	34	to	to	ADP
ftr-441	2116	35	widespread	widespread	ADJ
ftr-441	2116	36	tax	tax	NOUN
ftr-441	2116	37	avoidance	avoidance	NOUN
ftr-441	2116	38	.	.	PUNCT
ftr-441	2117	1	accordingly	accordingly	ADV
ftr-441	2117	2	,	,	PUNCT
ftr-441	2117	3	sections	section	NOUN
ftr-441	2117	4	751	751	NUM
ftr-441	2117	5	and	and	CCONJ
ftr-441	2117	6	341	341	NUM
ftr-441	2117	7	are	be	AUX
ftr-441	2117	8	not	not	PART
ftr-441	2117	9	included	include	VERB
ftr-441	2117	10	in	in	ADP
ftr-441	2117	11	the	the	DET
ftr-441	2117	12	spbf	spbf	ADJ
ftr-441	2117	13	system	system	NOUN
ftr-441	2117	14	.	.	PUNCT
ftr-441	2118	1	b.	b.	PROPN
ftr-441	2118	2	character	character	PROPN
ftr-441	2118	3	continuation	continuation	NOUN
ftr-441	2118	4	rules.-a	rules.-a	ADP
ftr-441	2118	5	different	different	ADJ
ftr-441	2118	6	issue	issue	NOUN
ftr-441	2118	7	altogether	altogether	ADV
ftr-441	2118	8	arises	arise	VERB
ftr-441	2118	9	if	if	SCONJ
ftr-441	2118	10	a	a	DET
ftr-441	2118	11	transaction	transaction	NOUN
ftr-441	2118	12	permits	permit	VERB
ftr-441	2118	13	the	the	DET
ftr-441	2118	14	conversion	conversion	NOUN
ftr-441	2118	15	of	of	ADP
ftr-441	2118	16	ordinary	ordinary	ADJ
ftr-441	2118	17	income	income	NOUN
ftr-441	2118	18	into	into	ADP
ftr-441	2118	19	capital	capital	NOUN
ftr-441	2118	20	gain	gain	NOUN
ftr-441	2118	21	,	,	PUNCT
ftr-441	2118	22	rather	rather	ADV
ftr-441	2118	23	than	than	ADP
ftr-441	2118	24	the	the	DET
ftr-441	2118	25	mere	mere	ADJ
ftr-441	2118	26	misallocation	misallocation	NOUN
ftr-441	2118	27	of	of	ADP
ftr-441	2118	28	such	such	ADJ
ftr-441	2118	29	items	item	NOUN
ftr-441	2118	30	.	.	PUNCT
ftr-441	2119	1	the	the	DET
ftr-441	2119	2	spbf	spbf	PROPN
ftr-441	2119	3	ownership	ownership	NOUN
ftr-441	2119	4	restrictions	restriction	NOUN
ftr-441	2119	5	provide	provide	VERB
ftr-441	2119	6	no	no	DET
ftr-441	2119	7	protection	protection	NOUN
ftr-441	2119	8	against	against	ADP
ftr-441	2119	9	this	this	DET
ftr-441	2119	10	advantage	advantage	NOUN
ftr-441	2119	11	.	.	PUNCT
ftr-441	2120	1	conversion	conversion	NOUN
ftr-441	2120	2	opportunities	opportunity	NOUN
ftr-441	2120	3	arise	arise	VERB
ftr-441	2120	4	because	because	SCONJ
ftr-441	2120	5	,	,	PUNCT
ftr-441	2120	6	under	under	ADP
ftr-441	2120	7	the	the	DET
ftr-441	2120	8	normal	normal	ADJ
ftr-441	2120	9	rule	rule	NOUN
ftr-441	2120	10	for	for	ADP
ftr-441	2120	11	conduit	conduit	NOUN
ftr-441	2120	12	taxation	taxation	NOUN
ftr-441	2120	13	,	,	PUNCT
ftr-441	2120	14	the	the	DET
ftr-441	2120	15	character	character	NOUN
ftr-441	2120	16	of	of	ADP
ftr-441	2120	17	income	income	NOUN
ftr-441	2120	18	is	be	AUX
ftr-441	2120	19	determined	determine	VERB
ftr-441	2120	20	by	by	ADP
ftr-441	2120	21	the	the	DET
ftr-441	2120	22	firm	firm	NOUN
ftr-441	2120	23	and	and	CCONJ
ftr-441	2120	24	then	then	ADV
ftr-441	2120	25	passed	pass	VERB
ftr-441	2120	26	through	through	ADP
ftr-441	2120	27	to	to	ADP
ftr-441	2120	28	the	the	DET
ftr-441	2120	29	owners.2	owners.2	ADJ
ftr-441	2120	30	"	"	PUNCT
ftr-441	2120	31	thus	thus	ADV
ftr-441	2120	32	,	,	PUNCT
ftr-441	2120	33	an	an	DET
ftr-441	2120	34	owner	owner	NOUN
ftr-441	2120	35	with	with	ADP
ftr-441	2120	36	an	an	DET
ftr-441	2120	37	asset	asset	NOUN
ftr-441	2120	38	containing	contain	VERB
ftr-441	2120	39	unrealized	unrealize	VERB
ftr-441	2120	40	ordinary	ordinary	ADJ
ftr-441	2120	41	income	income	NOUN
ftr-441	2120	42	might	might	AUX
ftr-441	2120	43	contribute	contribute	VERB
ftr-441	2120	44	the	the	DET
ftr-441	2120	45	asset	asset	NOUN
ftr-441	2120	46	to	to	ADP
ftr-441	2120	47	an	an	DET
ftr-441	2120	48	spbf	spbf	NOUN
ftr-441	2120	49	in	in	ADP
ftr-441	2120	50	a	a	DET
ftr-441	2120	51	taxfree	taxfree	NOUN
ftr-441	2120	52	manner	manner	NOUN
ftr-441	2120	53	and	and	CCONJ
ftr-441	2120	54	then	then	ADV
ftr-441	2120	55	have	have	VERB
ftr-441	2120	56	the	the	DET
ftr-441	2120	57	firm	firm	NOUN
ftr-441	2120	58	recognize	recognize	VERB
ftr-441	2120	59	the	the	DET
ftr-441	2120	60	income	income	NOUN
ftr-441	2120	61	.	.	PUNCT
ftr-441	2121	1	if	if	SCONJ
ftr-441	2121	2	the	the	DET
ftr-441	2121	3	firm	firm	NOUN
ftr-441	2121	4	's	's	PART
ftr-441	2121	5	income	income	NOUN
ftr-441	2121	6	were	be	AUX
ftr-441	2121	7	properly	properly	ADV
ftr-441	2121	8	characterized	characterize	VERB
ftr-441	2121	9	as	as	ADP
ftr-441	2121	10	capital	capital	NOUN
ftr-441	2121	11	gain	gain	NOUN
ftr-441	2121	12	,	,	PUNCT
ftr-441	2121	13	the	the	DET
ftr-441	2121	14	ordinary	ordinary	ADJ
ftr-441	2121	15	income	income	NOUN
ftr-441	2121	16	tax	tax	NOUN
ftr-441	2121	17	liability	liability	NOUN
ftr-441	2121	18	would	would	AUX
ftr-441	2121	19	be	be	AUX
ftr-441	2121	20	lost	lose	VERB
ftr-441	2121	21	forever	forever	ADV
ftr-441	2121	22	.	.	PUNCT
ftr-441	2122	1	similarly	similarly	ADV
ftr-441	2122	2	,	,	PUNCT
ftr-441	2122	3	an	an	DET
ftr-441	2122	4	spbf	spbf	NOUN
ftr-441	2122	5	holding	hold	VERB
ftr-441	2122	6	an	an	DET
ftr-441	2122	7	asset	asset	NOUN
ftr-441	2122	8	with	with	ADP
ftr-441	2122	9	unrealized	unrealized	ADJ
ftr-441	2122	10	ordinary	ordinary	ADJ
ftr-441	2122	11	income	income	NOUN
ftr-441	2122	12	might	might	AUX
ftr-441	2122	13	distribute	distribute	VERB
ftr-441	2122	14	the	the	DET
ftr-441	2122	15	asset	asset	NOUN
ftr-441	2122	16	to	to	ADP
ftr-441	2122	17	an	an	DET
ftr-441	2122	18	owner	owner	NOUN
ftr-441	2122	19	in	in	ADP
ftr-441	2122	20	a	a	DET
ftr-441	2122	21	taxfree	taxfree	NOUN
ftr-441	2122	22	manner	manner	NOUN
ftr-441	2122	23	.	.	PUNCT
ftr-441	2123	1	again	again	ADV
ftr-441	2123	2	,	,	PUNCT
ftr-441	2123	3	if	if	SCONJ
ftr-441	2123	4	the	the	DET
ftr-441	2123	5	distributee	distributee	NOUN
ftr-441	2123	6	's	's	PART
ftr-441	2123	7	recognition	recognition	NOUN
ftr-441	2123	8	of	of	ADP
ftr-441	2123	9	the	the	DET
ftr-441	2123	10	income	income	NOUN
ftr-441	2123	11	were	be	AUX
ftr-441	2123	12	capital	capital	NOUN
ftr-441	2123	13	gain	gain	NOUN
ftr-441	2123	14	,	,	PUNCT
ftr-441	2123	15	the	the	DET
ftr-441	2123	16	ordinary	ordinary	ADJ
ftr-441	2123	17	income	income	NOUN
ftr-441	2123	18	tax	tax	NOUN
ftr-441	2123	19	liability	liability	NOUN
ftr-441	2123	20	would	would	AUX
ftr-441	2123	21	be	be	AUX
ftr-441	2123	22	lost	lose	VERB
ftr-441	2123	23	forever	forever	ADV
ftr-441	2123	24	.	.	PUNCT
ftr-441	2124	1	the	the	DET
ftr-441	2124	2	proposed	propose	VERB
ftr-441	2124	3	contribution	contribution	NOUN
ftr-441	2124	4	and	and	CCONJ
ftr-441	2124	5	distribution	distribution	NOUN
ftr-441	2124	6	rules	rule	NOUN
ftr-441	2124	7	for	for	ADP
ftr-441	2124	8	an	an	DET
ftr-441	2124	9	spbf	spbf	NOUN
ftr-441	2124	10	narrow	narrow	NOUN
ftr-441	2124	11	the	the	DET
ftr-441	2124	12	instances	instance	NOUN
ftr-441	2124	13	of	of	ADP
ftr-441	2124	14	this	this	DET
ftr-441	2124	15	problem	problem	NOUN
ftr-441	2124	16	by	by	ADP
ftr-441	2124	17	restricting	restrict	VERB
ftr-441	2124	18	how	how	SCONJ
ftr-441	2124	19	often	often	ADV
ftr-441	2124	20	such	such	ADJ
ftr-441	2124	21	transactions	transaction	NOUN
ftr-441	2124	22	will	will	AUX
ftr-441	2124	23	be	be	AUX
ftr-441	2124	24	nonrecognition	nonrecognition	NOUN
ftr-441	2124	25	events	event	NOUN
ftr-441	2124	26	.	.	PUNCT
ftr-441	2125	1	but	but	CCONJ
ftr-441	2125	2	under	under	ADP
ftr-441	2125	3	the	the	DET
ftr-441	2125	4	proposals	proposal	NOUN
ftr-441	2125	5	,	,	PUNCT
ftr-441	2125	6	certain	certain	ADJ
ftr-441	2125	7	contributions	contribution	NOUN
ftr-441	2125	8	and	and	CCONJ
ftr-441	2125	9	distributions	distribution	NOUN
ftr-441	2125	10	will	will	AUX
ftr-441	2125	11	still	still	ADV
ftr-441	2125	12	be	be	AUX
ftr-441	2125	13	tax	tax	NOUN
ftr-441	2125	14	-	-	PUNCT
ftr-441	2125	15	free	free	ADJ
ftr-441	2125	16	.	.	PUNCT
ftr-441	2126	1	when	when	SCONJ
ftr-441	2126	2	they	they	PRON
ftr-441	2126	3	are	be	AUX
ftr-441	2126	4	,	,	PUNCT
ftr-441	2126	5	the	the	DET
ftr-441	2126	6	ordinary	ordinary	ADJ
ftr-441	2126	7	income	income	NOUN
ftr-441	2126	8	character	character	NOUN
ftr-441	2126	9	of	of	ADP
ftr-441	2126	10	an	an	DET
ftr-441	2126	11	asset	asset	NOUN
ftr-441	2126	12	in	in	ADP
ftr-441	2126	13	the	the	DET
ftr-441	2126	14	hands	hand	NOUN
ftr-441	2126	15	of	of	ADP
ftr-441	2126	16	the	the	DET
ftr-441	2126	17	spbf	spbf	NOUN
ftr-441	2126	18	and	and	CCONJ
ftr-441	2126	19	the	the	DET
ftr-441	2126	20	distributee	distributee	NOUN
ftr-441	2126	21	following	follow	VERB
ftr-441	2126	22	a	a	DET
ftr-441	2126	23	contribution	contribution	NOUN
ftr-441	2126	24	and	and	CCONJ
ftr-441	2126	25	distribution	distribution	NOUN
ftr-441	2126	26	,	,	PUNCT
ftr-441	2126	27	respectively	respectively	ADV
ftr-441	2126	28	,	,	PUNCT
ftr-441	2126	29	will	will	AUX
ftr-441	2126	30	be	be	AUX
ftr-441	2126	31	preserved	preserve	VERB
ftr-441	2126	32	.	.	PUNCT
ftr-441	2127	1	these	these	DET
ftr-441	2127	2	rules	rule	NOUN
ftr-441	2127	3	are	be	AUX
ftr-441	2127	4	embodied	embody	VERB
ftr-441	2127	5	in	in	ADP
ftr-441	2127	6	current	current	ADJ
ftr-441	2127	7	sections	section	NOUN
ftr-441	2127	8	724	724	NUM
ftr-441	2127	9	and	and	CCONJ
ftr-441	2127	10	735	735	NUM
ftr-441	2127	11	applicable	applicable	ADJ
ftr-441	2127	12	to	to	ADP
ftr-441	2127	13	partnerships	partnership	NOUN
ftr-441	2127	14	.	.	PUNCT
ftr-441	2128	1	for	for	ADP
ftr-441	2128	2	the	the	DET
ftr-441	2128	3	spbf	spbf	ADJ
ftr-441	2128	4	system	system	NOUN
ftr-441	2128	5	,	,	PUNCT
ftr-441	2128	6	those	those	DET
ftr-441	2128	7	two	two	NUM
ftr-441	2128	8	rules	rule	NOUN
ftr-441	2128	9	are	be	AUX
ftr-441	2128	10	adopted	adopt	VERB
ftr-441	2128	11	but	but	CCONJ
ftr-441	2128	12	simplified	simplify	VERB
ftr-441	2128	13	by	by	ADP
ftr-441	2128	14	limiting	limit	VERB
ftr-441	2128	15	their	their	PRON
ftr-441	2128	16	application	application	NOUN
ftr-441	2128	17	to	to	ADP
ftr-441	2128	18	traditional	traditional	ADJ
ftr-441	2128	19	ordinary	ordinary	ADJ
ftr-441	2128	20	income	income	NOUN
ftr-441	2128	21	items	item	NOUN
ftr-441	2128	22	(	(	PUNCT
ftr-441	2128	23	e.g.	e.g.	ADV
ftr-441	2128	24	,	,	PUNCT
ftr-441	2128	25	inventory	inventory	NOUN
ftr-441	2128	26	items	item	NOUN
ftr-441	2128	27	and	and	CCONJ
ftr-441	2128	28	accounts	account	NOUN
ftr-441	2128	29	receivables	receivable	NOUN
ftr-441	2128	30	)	)	PUNCT
ftr-441	2128	31	and	and	CCONJ
ftr-441	2128	32	ordinary	ordinary	ADJ
ftr-441	2128	33	income	income	NOUN
ftr-441	2128	34	recapture	recapture	NOUN
ftr-441	2128	35	items	item	NOUN
ftr-441	2128	36	.	.	PUNCT
ftr-441	2129	1	5	5	X
ftr-441	2129	2	.	.	X
ftr-441	2129	3	inside	inside	ADJ
ftr-441	2129	4	basis	basis	NOUN
ftr-441	2129	5	adjustments	adjustment	NOUN
ftr-441	2129	6	a.	a.	VERB
ftr-441	2129	7	in	in	ADP
ftr-441	2129	8	general.-if	general.-if	PROPN
ftr-441	2129	9	a	a	DET
ftr-441	2129	10	partnership	partnership	NOUN
ftr-441	2129	11	makes	make	VERB
ftr-441	2129	12	an	an	DET
ftr-441	2129	13	election	election	NOUN
ftr-441	2129	14	under	under	ADP
ftr-441	2129	15	section	section	NOUN
ftr-441	2129	16	754	754	NUM
ftr-441	2129	17	of	of	ADP
ftr-441	2129	18	the	the	DET
ftr-441	2129	19	code	code	NOUN
ftr-441	2129	20	,	,	PUNCT
ftr-441	2129	21	any	any	DET
ftr-441	2129	22	transfer	transfer	NOUN
ftr-441	2129	23	of	of	ADP
ftr-441	2129	24	an	an	DET
ftr-441	2129	25	interest	interest	NOUN
ftr-441	2129	26	in	in	ADP
ftr-441	2129	27	the	the	DET
ftr-441	2129	28	partnership	partnership	NOUN
ftr-441	2129	29	results	result	VERB
ftr-441	2129	30	in	in	ADP
ftr-441	2129	31	a	a	DET
ftr-441	2129	32	set	set	NOUN
ftr-441	2129	33	of	of	ADP
ftr-441	2129	34	adjustments	adjustment	NOUN
ftr-441	2129	35	for	for	ADP
ftr-441	2129	36	the	the	DET
ftr-441	2129	37	transferee	transferee	NOUN
ftr-441	2129	38	with	with	ADP
ftr-441	2129	39	respect	respect	NOUN
ftr-441	2129	40	to	to	ADP
ftr-441	2129	41	the	the	DET
ftr-441	2129	42	bases	basis	NOUN
ftr-441	2129	43	of	of	ADP
ftr-441	2129	44	assets	asset	NOUN
ftr-441	2129	45	held	hold	VERB
ftr-441	2129	46	by	by	ADP
ftr-441	2129	47	the	the	DET
ftr-441	2129	48	partnership	partnership	NOUN
ftr-441	2129	49	;	;	PUNCT
ftr-441	2129	50	the	the	DET
ftr-441	2129	51	adjustments	adjustment	NOUN
ftr-441	2129	52	will	will	AUX
ftr-441	2129	53	generally	generally	ADV
ftr-441	2129	54	bring	bring	VERB
ftr-441	2129	55	the	the	DET
ftr-441	2129	56	bases	basis	NOUN
ftr-441	2129	57	of	of	ADP
ftr-441	2129	58	297	297	NUM
ftr-441	2129	59	.	.	PUNCT
ftr-441	2130	1	see	see	VERB
ftr-441	2130	2	irc	irc	PROPN
ftr-441	2130	3	§	§	PROPN
ftr-441	2130	4	§	§	PROPN
ftr-441	2130	5	702(b	702(b	PROPN
ftr-441	2130	6	)	)	PUNCT
ftr-441	2130	7	,	,	PUNCT
ftr-441	2130	8	1366(b	1366(b	NUM
ftr-441	2130	9	)	)	PUNCT
ftr-441	2130	10	.	.	PUNCT
ftr-441	2131	1	the	the	DET
ftr-441	2131	2	spbf	spbf	ADJ
ftr-441	2131	3	proposals	proposal	NOUN
ftr-441	2131	4	follow	follow	VERB
ftr-441	2131	5	this	this	DET
ftr-441	2131	6	rule	rule	NOUN
ftr-441	2131	7	.	.	PUNCT
ftr-441	2132	1	see	see	VERB
ftr-441	2132	2	supra	supra	PROPN
ftr-441	2132	3	part	part	NOUN
ftr-441	2132	4	iv.c.2.a	iv.c.2.a	ADJ
ftr-441	2132	5	.	.	PUNCT
ftr-441	2133	1	[	[	X
ftr-441	2133	2	vol	vol	NOUN
ftr-441	2133	3	.	.	PUNCT
ftr-441	2133	4	4:3	4:3	NUM
ftr-441	2133	5	77	77	NUM
ftr-441	2133	6	t	t	NOUN
ftr-441	2133	7	future	future	ADJ
ftr-441	2133	8	taxation	taxation	NOUN
ftr-441	2133	9	of	of	ADP
ftr-441	2133	10	private	private	ADJ
ftr-441	2133	11	business	business	NOUN
ftr-441	2133	12	firms	firm	NOUN
ftr-441	2133	13	those	those	DET
ftr-441	2133	14	assets	asset	NOUN
ftr-441	2133	15	attributable	attributable	ADJ
ftr-441	2133	16	to	to	ADP
ftr-441	2133	17	the	the	DET
ftr-441	2133	18	transferee	transferee	NOUN
ftr-441	2133	19	closer	close	ADV
ftr-441	2133	20	to	to	ADP
ftr-441	2133	21	their	their	PRON
ftr-441	2133	22	fair	fair	ADJ
ftr-441	2133	23	market	market	NOUN
ftr-441	2133	24	values.298	values.298	NOUN
ftr-441	2133	25	similarly	similarly	ADV
ftr-441	2133	26	,	,	PUNCT
ftr-441	2133	27	if	if	SCONJ
ftr-441	2133	28	a	a	DET
ftr-441	2133	29	section	section	NOUN
ftr-441	2133	30	754	754	NUM
ftr-441	2133	31	election	election	NOUN
ftr-441	2133	32	is	be	AUX
ftr-441	2133	33	in	in	ADP
ftr-441	2133	34	effect	effect	NOUN
ftr-441	2133	35	at	at	ADP
ftr-441	2133	36	the	the	DET
ftr-441	2133	37	time	time	NOUN
ftr-441	2133	38	of	of	ADP
ftr-441	2133	39	a	a	DET
ftr-441	2133	40	partnership	partnership	NOUN
ftr-441	2133	41	distribution	distribution	NOUN
ftr-441	2133	42	,	,	PUNCT
ftr-441	2133	43	adjustments	adjustment	NOUN
ftr-441	2133	44	are	be	AUX
ftr-441	2133	45	made	make	VERB
ftr-441	2133	46	under	under	ADP
ftr-441	2133	47	section	section	NOUN
ftr-441	2133	48	734(b	734(b	PROPN
ftr-441	2133	49	)	)	PUNCT
ftr-441	2133	50	to	to	ADP
ftr-441	2133	51	the	the	DET
ftr-441	2133	52	bases	basis	NOUN
ftr-441	2133	53	of	of	ADP
ftr-441	2133	54	the	the	DET
ftr-441	2133	55	assets	asset	NOUN
ftr-441	2133	56	of	of	ADP
ftr-441	2133	57	the	the	DET
ftr-441	2133	58	partnership	partnership	NOUN
ftr-441	2133	59	to	to	PART
ftr-441	2133	60	take	take	VERB
ftr-441	2133	61	account	account	NOUN
ftr-441	2133	62	of	of	ADP
ftr-441	2133	63	any	any	DET
ftr-441	2133	64	discrepancies	discrepancy	NOUN
ftr-441	2133	65	between	between	ADP
ftr-441	2133	66	the	the	DET
ftr-441	2133	67	pre	pre	ADJ
ftr-441	2133	68	-	-	ADJ
ftr-441	2133	69	distribution	distribution	ADJ
ftr-441	2133	70	basis	basis	NOUN
ftr-441	2133	71	of	of	ADP
ftr-441	2133	72	any	any	DET
ftr-441	2133	73	distributed	distribute	VERB
ftr-441	2133	74	asset	asset	NOUN
ftr-441	2133	75	in	in	ADP
ftr-441	2133	76	the	the	DET
ftr-441	2133	77	hands	hand	NOUN
ftr-441	2133	78	of	of	ADP
ftr-441	2133	79	the	the	DET
ftr-441	2133	80	partnership	partnership	NOUN
ftr-441	2133	81	and	and	CCONJ
ftr-441	2133	82	the	the	DET
ftr-441	2133	83	post	post	ADJ
ftr-441	2133	84	-	-	ADJ
ftr-441	2133	85	distribution	distribution	ADJ
ftr-441	2133	86	basis	basis	NOUN
ftr-441	2133	87	of	of	ADP
ftr-441	2133	88	such	such	ADJ
ftr-441	2133	89	asset	asset	NOUN
ftr-441	2133	90	in	in	ADP
ftr-441	2133	91	the	the	DET
ftr-441	2133	92	hands	hand	NOUN
ftr-441	2133	93	of	of	ADP
ftr-441	2133	94	the	the	DET
ftr-441	2133	95	distributee.29	distributee.29	NOUN
ftr-441	2133	96	the	the	DET
ftr-441	2133	97	rules	rule	NOUN
ftr-441	2133	98	of	of	ADP
ftr-441	2133	99	subchapter	subchapter	NOUN
ftr-441	2133	100	s	s	AUX
ftr-441	2133	101	have	have	VERB
ftr-441	2133	102	no	no	DET
ftr-441	2133	103	provision	provision	NOUN
ftr-441	2133	104	comparable	comparable	ADJ
ftr-441	2133	105	to	to	ADP
ftr-441	2133	106	section	section	NOUN
ftr-441	2133	107	754	754	NUM
ftr-441	2133	108	.	.	PUNCT
ftr-441	2134	1	b.	b.	NOUN
ftr-441	2134	2	adjustments	adjustment	NOUN
ftr-441	2134	3	made	make	VERB
ftr-441	2134	4	on	on	ADP
ftr-441	2134	5	distributions	distribution	NOUN
ftr-441	2134	6	of	of	ADP
ftr-441	2134	7	property.-in	property.-in	ADJ
ftr-441	2134	8	the	the	DET
ftr-441	2134	9	case	case	NOUN
ftr-441	2134	10	of	of	ADP
ftr-441	2134	11	distributions	distribution	NOUN
ftr-441	2134	12	of	of	ADP
ftr-441	2134	13	property	property	NOUN
ftr-441	2134	14	,	,	PUNCT
ftr-441	2134	15	the	the	DET
ftr-441	2134	16	adjustments	adjustment	NOUN
ftr-441	2134	17	made	make	VERB
ftr-441	2134	18	under	under	ADP
ftr-441	2134	19	section	section	NOUN
ftr-441	2134	20	734(b	734(b	PROPN
ftr-441	2134	21	)	)	PUNCT
ftr-441	2134	22	that	that	PRON
ftr-441	2134	23	are	be	AUX
ftr-441	2134	24	based	base	VERB
ftr-441	2134	25	on	on	ADP
ftr-441	2134	26	discrepancies	discrepancy	NOUN
ftr-441	2134	27	between	between	ADP
ftr-441	2134	28	the	the	DET
ftr-441	2134	29	pre	pre	NOUN
ftr-441	2134	30	-	-	NOUN
ftr-441	2134	31	distribution	distribution	NOUN
ftr-441	2134	32	inside	inside	ADP
ftr-441	2134	33	basis	basis	NOUN
ftr-441	2134	34	of	of	ADP
ftr-441	2134	35	property	property	NOUN
ftr-441	2134	36	distributed	distribute	VERB
ftr-441	2134	37	and	and	CCONJ
ftr-441	2134	38	the	the	DET
ftr-441	2134	39	post	post	ADJ
ftr-441	2134	40	-	-	ADJ
ftr-441	2134	41	distribution	distribution	ADJ
ftr-441	2134	42	basis	basis	NOUN
ftr-441	2134	43	of	of	ADP
ftr-441	2134	44	such	such	ADJ
ftr-441	2134	45	property	property	NOUN
ftr-441	2134	46	in	in	ADP
ftr-441	2134	47	the	the	DET
ftr-441	2134	48	hands	hand	NOUN
ftr-441	2134	49	of	of	ADP
ftr-441	2134	50	the	the	DET
ftr-441	2134	51	distributee	distributee	NOUN
ftr-441	2134	52	are	be	AUX
ftr-441	2134	53	not	not	PART
ftr-441	2134	54	necessary	necessary	ADJ
ftr-441	2134	55	as	as	ADP
ftr-441	2134	56	a	a	DET
ftr-441	2134	57	result	result	NOUN
ftr-441	2134	58	of	of	ADP
ftr-441	2134	59	the	the	DET
ftr-441	2134	60	proposed	propose	VERB
ftr-441	2134	61	spbf	spbf	ADJ
ftr-441	2134	62	treatment	treatment	NOUN
ftr-441	2134	63	of	of	ADP
ftr-441	2134	64	distributions	distribution	NOUN
ftr-441	2134	65	.	.	PUNCT
ftr-441	2135	1	under	under	ADP
ftr-441	2135	2	that	that	DET
ftr-441	2135	3	proposal	proposal	NOUN
ftr-441	2135	4	,	,	PUNCT
ftr-441	2135	5	a	a	DET
ftr-441	2135	6	distribution	distribution	NOUN
ftr-441	2135	7	results	result	VERB
ftr-441	2135	8	either	either	CCONJ
ftr-441	2135	9	in	in	ADP
ftr-441	2135	10	the	the	DET
ftr-441	2135	11	recognition	recognition	NOUN
ftr-441	2135	12	of	of	ADP
ftr-441	2135	13	gain	gain	NOUN
ftr-441	2135	14	or	or	CCONJ
ftr-441	2135	15	loss	loss	NOUN
ftr-441	2135	16	by	by	ADP
ftr-441	2135	17	the	the	DET
ftr-441	2135	18	spbf	spbf	NOUN
ftr-441	2135	19	,	,	PUNCT
ftr-441	2135	20	with	with	ADP
ftr-441	2135	21	accompanying	accompany	VERB
ftr-441	2135	22	fair	fair	ADJ
ftr-441	2135	23	market	market	NOUN
ftr-441	2135	24	value	value	NOUN
ftr-441	2135	25	basis	basis	NOUN
ftr-441	2135	26	to	to	ADP
ftr-441	2135	27	the	the	DET
ftr-441	2135	28	distributee	distributee	NOUN
ftr-441	2135	29	in	in	ADP
ftr-441	2135	30	the	the	DET
ftr-441	2135	31	property	property	NOUN
ftr-441	2135	32	distributed	distribute	VERB
ftr-441	2135	33	,	,	PUNCT
ftr-441	2135	34	or	or	CCONJ
ftr-441	2135	35	a	a	DET
ftr-441	2135	36	pure	pure	ADJ
ftr-441	2135	37	transferred	transfer	VERB
ftr-441	2135	38	basis	basis	NOUN
ftr-441	2135	39	to	to	ADP
ftr-441	2135	40	the	the	DET
ftr-441	2135	41	distributee	distributee	NOUN
ftr-441	2135	42	equal	equal	ADJ
ftr-441	2135	43	to	to	ADP
ftr-441	2135	44	the	the	DET
ftr-441	2135	45	firm	firm	NOUN
ftr-441	2135	46	's	's	PART
ftr-441	2135	47	pre	pre	ADJ
ftr-441	2135	48	-	-	ADJ
ftr-441	2135	49	distribution	distribution	ADJ
ftr-441	2135	50	basis	basis	NOUN
ftr-441	2135	51	.	.	PUNCT
ftr-441	2136	1	section	section	NOUN
ftr-441	2136	2	734(b	734(b	PROPN
ftr-441	2136	3	)	)	PUNCT
ftr-441	2136	4	,	,	PUNCT
ftr-441	2136	5	however	however	ADV
ftr-441	2136	6	,	,	PUNCT
ftr-441	2136	7	also	also	ADV
ftr-441	2136	8	applies	apply	VERB
ftr-441	2136	9	when	when	SCONJ
ftr-441	2136	10	the	the	DET
ftr-441	2136	11	distributee	distributee	NOUN
ftr-441	2136	12	recognizes	recognize	VERB
ftr-441	2136	13	gain	gain	NOUN
ftr-441	2136	14	or	or	CCONJ
ftr-441	2136	15	loss	loss	NOUN
ftr-441	2136	16	on	on	ADP
ftr-441	2136	17	a	a	DET
ftr-441	2136	18	distribution	distribution	NOUN
ftr-441	2136	19	and	and	CCONJ
ftr-441	2136	20	this	this	DET
ftr-441	2136	21	situation	situation	NOUN
ftr-441	2136	22	could	could	AUX
ftr-441	2136	23	arise	arise	VERB
ftr-441	2136	24	in	in	ADP
ftr-441	2136	25	the	the	DET
ftr-441	2136	26	spbf	spbf	ADJ
ftr-441	2136	27	system	system	NOUN
ftr-441	2136	28	:	:	PUNCT
ftr-441	2136	29	example	example	NOUN
ftr-441	2136	30	8	8	NUM
ftr-441	2136	31	.	.	PUNCT
ftr-441	2137	1	a	a	DET
ftr-441	2137	2	,	,	PUNCT
ftr-441	2137	3	b	b	NOUN
ftr-441	2137	4	and	and	CCONJ
ftr-441	2137	5	c	c	PROPN
ftr-441	2137	6	contribute	contribute	VERB
ftr-441	2137	7	$	$	SYM
ftr-441	2137	8	10,000	10,000	NUM
ftr-441	2137	9	each	each	PRON
ftr-441	2137	10	to	to	ADP
ftr-441	2137	11	an	an	DET
ftr-441	2137	12	spbf	spbf	NOUN
ftr-441	2137	13	and	and	CCONJ
ftr-441	2137	14	take	take	VERB
ftr-441	2137	15	back	back	ADV
ftr-441	2137	16	equal	equal	ADJ
ftr-441	2137	17	shares	share	NOUN
ftr-441	2137	18	of	of	ADP
ftr-441	2137	19	the	the	DET
ftr-441	2137	20	firm	firm	NOUN
ftr-441	2137	21	.	.	PUNCT
ftr-441	2138	1	the	the	DET
ftr-441	2138	2	firm	firm	ADJ
ftr-441	2138	3	purchases	purchase	VERB
ftr-441	2138	4	for	for	ADP
ftr-441	2138	5	$	$	SYM
ftr-441	2138	6	18,000	18,000	NUM
ftr-441	2138	7	an	an	DET
ftr-441	2138	8	asset	asset	NOUN
ftr-441	2138	9	which	which	PRON
ftr-441	2138	10	increases	increase	VERB
ftr-441	2138	11	in	in	ADP
ftr-441	2138	12	value	value	NOUN
ftr-441	2138	13	to	to	ADP
ftr-441	2138	14	$	$	SYM
ftr-441	2138	15	24,000	24,000	NUM
ftr-441	2138	16	.	.	PUNCT
ftr-441	2139	1	at	at	ADP
ftr-441	2139	2	that	that	DET
ftr-441	2139	3	time	time	NOUN
ftr-441	2139	4	,	,	PUNCT
ftr-441	2139	5	the	the	DET
ftr-441	2139	6	spbf	spbf	NOUN
ftr-441	2139	7	distributes	distribute	VERB
ftr-441	2139	8	$	$	SYM
ftr-441	2139	9	12,000	12,000	NUM
ftr-441	2139	10	to	to	ADP
ftr-441	2139	11	a	a	PRON
ftr-441	2139	12	in	in	ADP
ftr-441	2139	13	liquidation	liquidation	NOUN
ftr-441	2139	14	of	of	ADP
ftr-441	2139	15	a	a	PRON
ftr-441	2139	16	's	's	PART
ftr-441	2139	17	interest	interest	NOUN
ftr-441	2139	18	.	.	PUNCT
ftr-441	2140	1	under	under	ADP
ftr-441	2140	2	the	the	DET
ftr-441	2140	3	spbf	spbf	ADJ
ftr-441	2140	4	distribution	distribution	NOUN
ftr-441	2140	5	proposal	proposal	NOUN
ftr-441	2140	6	,	,	PUNCT
ftr-441	2140	7	a	a	PRON
ftr-441	2140	8	must	must	AUX
ftr-441	2140	9	recognize	recognize	VERB
ftr-441	2140	10	a	a	DET
ftr-441	2140	11	$	$	SYM
ftr-441	2140	12	2,000	2,000	NUM
ftr-441	2140	13	gain	gain	NOUN
ftr-441	2140	14	.	.	PUNCT
ftr-441	2141	1	if	if	SCONJ
ftr-441	2141	2	a	a	DET
ftr-441	2141	3	section	section	NOUN
ftr-441	2141	4	754	754	NUM
ftr-441	2141	5	election	election	NOUN
ftr-441	2141	6	were	be	AUX
ftr-441	2141	7	available	available	ADJ
ftr-441	2141	8	and	and	CCONJ
ftr-441	2141	9	in	in	ADP
ftr-441	2141	10	effect	effect	NOUN
ftr-441	2141	11	,	,	PUNCT
ftr-441	2141	12	the	the	DET
ftr-441	2141	13	basis	basis	NOUN
ftr-441	2141	14	of	of	ADP
ftr-441	2141	15	the	the	DET
ftr-441	2141	16	firm	firm	NOUN
ftr-441	2141	17	's	's	PART
ftr-441	2141	18	asset	asset	NOUN
ftr-441	2141	19	would	would	AUX
ftr-441	2141	20	be	be	AUX
ftr-441	2141	21	increased	increase	VERB
ftr-441	2141	22	by	by	ADP
ftr-441	2141	23	the	the	DET
ftr-441	2141	24	$	$	SYM
ftr-441	2141	25	2,000	2,000	NUM
ftr-441	2141	26	gain	gain	NOUN
ftr-441	2141	27	recognized	recognize	VERB
ftr-441	2141	28	by	by	ADP
ftr-441	2141	29	a.	a.	NOUN
ftr-441	2141	30	thus	thus	ADV
ftr-441	2141	31	,	,	PUNCT
ftr-441	2141	32	if	if	SCONJ
ftr-441	2141	33	the	the	DET
ftr-441	2141	34	asset	asset	NOUN
ftr-441	2141	35	is	be	AUX
ftr-441	2141	36	subsequently	subsequently	ADV
ftr-441	2141	37	sold	sell	VERB
ftr-441	2141	38	by	by	ADP
ftr-441	2141	39	the	the	DET
ftr-441	2141	40	spbf	spbf	NOUN
ftr-441	2141	41	for	for	ADP
ftr-441	2141	42	$	$	SYM
ftr-441	2141	43	24,000	24,000	NUM
ftr-441	2141	44	,	,	PUNCT
ftr-441	2141	45	there	there	PRON
ftr-441	2141	46	would	would	AUX
ftr-441	2141	47	be	be	AUX
ftr-441	2141	48	only	only	ADV
ftr-441	2141	49	$	$	SYM
ftr-441	2141	50	4,000	4,000	NUM
ftr-441	2141	51	gain	gain	NOUN
ftr-441	2141	52	recognized	recognize	VERB
ftr-441	2141	53	,	,	PUNCT
ftr-441	2141	54	allocated	allocate	VERB
ftr-441	2141	55	$	$	SYM
ftr-441	2141	56	2,000	2,000	NUM
ftr-441	2141	57	each	each	PRON
ftr-441	2141	58	to	to	ADP
ftr-441	2141	59	b	b	NOUN
ftr-441	2141	60	and	and	CCONJ
ftr-441	2141	61	c.	c.	NOUN
ftr-441	2141	62	without	without	ADP
ftr-441	2141	63	that	that	DET
ftr-441	2141	64	basis	basis	NOUN
ftr-441	2141	65	adjustment	adjustment	NOUN
ftr-441	2141	66	,	,	PUNCT
ftr-441	2141	67	the	the	DET
ftr-441	2141	68	firm	firm	NOUN
ftr-441	2141	69	's	's	PART
ftr-441	2141	70	gain	gain	NOUN
ftr-441	2141	71	on	on	ADP
ftr-441	2141	72	the	the	DET
ftr-441	2141	73	sale	sale	NOUN
ftr-441	2141	74	would	would	AUX
ftr-441	2141	75	be	be	AUX
ftr-441	2141	76	$	$	SYM
ftr-441	2141	77	6,000	6,000	NUM
ftr-441	2141	78	,	,	PUNCT
ftr-441	2141	79	allocated	allocate	VERB
ftr-441	2141	80	$	$	SYM
ftr-441	2141	81	3,000	3,000	NUM
ftr-441	2141	82	each	each	PRON
ftr-441	2141	83	to	to	ADP
ftr-441	2141	84	b	b	NOUN
ftr-441	2141	85	and	and	CCONJ
ftr-441	2141	86	c.	c.	NOUN
ftr-441	2141	87	the	the	DET
ftr-441	2141	88	failure	failure	NOUN
ftr-441	2141	89	to	to	PART
ftr-441	2141	90	adjust	adjust	VERB
ftr-441	2141	91	basis	basis	NOUN
ftr-441	2141	92	if	if	SCONJ
ftr-441	2141	93	there	there	PRON
ftr-441	2141	94	were	be	VERB
ftr-441	2141	95	no	no	DET
ftr-441	2141	96	section	section	NOUN
ftr-441	2141	97	754	754	NUM
ftr-441	2141	98	election	election	NOUN
ftr-441	2141	99	available	available	ADJ
ftr-441	2141	100	or	or	CCONJ
ftr-441	2141	101	in	in	ADP
ftr-441	2141	102	effect	effect	NOUN
ftr-441	2141	103	does	do	AUX
ftr-441	2141	104	not	not	PART
ftr-441	2141	105	create	create	VERB
ftr-441	2141	106	a	a	DET
ftr-441	2141	107	permanent	permanent	ADJ
ftr-441	2141	108	mismeasurement	mismeasurement	NOUN
ftr-441	2141	109	of	of	ADP
ftr-441	2141	110	the	the	DET
ftr-441	2141	111	amount	amount	NOUN
ftr-441	2141	112	of	of	ADP
ftr-441	2141	113	gain	gain	NOUN
ftr-441	2141	114	or	or	CCONJ
ftr-441	2141	115	loss	loss	NOUN
ftr-441	2141	116	to	to	PART
ftr-441	2141	117	be	be	AUX
ftr-441	2141	118	recognized	recognize	VERB
ftr-441	2141	119	by	by	ADP
ftr-441	2141	120	the	the	DET
ftr-441	2141	121	remaining	remain	VERB
ftr-441	2141	122	owners	owner	NOUN
ftr-441	2141	123	.	.	PUNCT
ftr-441	2142	1	in	in	ADP
ftr-441	2142	2	the	the	DET
ftr-441	2142	3	example	example	NOUN
ftr-441	2142	4	above	above	ADV
ftr-441	2142	5	,	,	PUNCT
ftr-441	2142	6	absent	absent	ADJ
ftr-441	2142	7	a	a	DET
ftr-441	2142	8	section	section	NOUN
ftr-441	2142	9	754	754	NUM
ftr-441	2142	10	election	election	NOUN
ftr-441	2142	11	,	,	PUNCT
ftr-441	2142	12	the	the	DET
ftr-441	2142	13	$	$	SYM
ftr-441	2142	14	6,000	6,000	NUM
ftr-441	2142	15	gain	gain	NOUN
ftr-441	2142	16	passed	pass	VERB
ftr-441	2142	17	through	through	ADP
ftr-441	2142	18	to	to	ADP
ftr-441	2142	19	b	b	NOUN
ftr-441	2142	20	and	and	CCONJ
ftr-441	2142	21	c	c	PROPN
ftr-441	2142	22	increases	increase	VERB
ftr-441	2142	23	their	their	PRON
ftr-441	2142	24	outside	outside	ADJ
ftr-441	2142	25	bases	basis	NOUN
ftr-441	2142	26	by	by	ADP
ftr-441	2142	27	$	$	SYM
ftr-441	2142	28	3,000	3,000	NUM
ftr-441	2142	29	apiece	apiece	ADV
ftr-441	2142	30	.	.	PUNCT
ftr-441	2143	1	if	if	SCONJ
ftr-441	2143	2	the	the	DET
ftr-441	2143	3	spbf	spbf	NOUN
ftr-441	2143	4	were	be	AUX
ftr-441	2143	5	298	298	NUM
ftr-441	2143	6	.	.	PUNCT
ftr-441	2144	1	see	see	VERB
ftr-441	2144	2	irc	irc	PROPN
ftr-441	2144	3	§	§	PROPN
ftr-441	2144	4	§	§	PROPN
ftr-441	2144	5	743(b	743(b	PROPN
ftr-441	2144	6	)	)	PUNCT
ftr-441	2144	7	,	,	PUNCT
ftr-441	2144	8	755	755	NUM
ftr-441	2144	9	.	.	NOUN
ftr-441	2144	10	299	299	NUM
ftr-441	2144	11	.	.	PUNCT
ftr-441	2145	1	see	see	VERB
ftr-441	2145	2	irc	irc	PROPN
ftr-441	2145	3	§	§	PROPN
ftr-441	2145	4	§	§	PROPN
ftr-441	2145	5	734(b	734(b	PROPN
ftr-441	2145	6	)	)	PUNCT
ftr-441	2145	7	,	,	PUNCT
ftr-441	2145	8	755	755	NUM
ftr-441	2145	9	.	.	NOUN
ftr-441	2145	10	1999	1999	NUM
ftr-441	2145	11	]	]	PUNCT
ftr-441	2145	12	florida	florida	PROPN
ftr-441	2145	13	tax	tax	PROPN
ftr-441	2145	14	review	review	NOUN
ftr-441	2145	15	liquidated	liquidate	VERB
ftr-441	2145	16	at	at	ADP
ftr-441	2145	17	that	that	DET
ftr-441	2145	18	time	time	NOUN
ftr-441	2145	19	and	and	CCONJ
ftr-441	2145	20	each	each	PRON
ftr-441	2145	21	of	of	ADP
ftr-441	2145	22	them	they	PRON
ftr-441	2145	23	received	receive	VERB
ftr-441	2145	24	a	a	DET
ftr-441	2145	25	distribution	distribution	NOUN
ftr-441	2145	26	of	of	ADP
ftr-441	2145	27	$	$	SYM
ftr-441	2145	28	12,000	12,000	NUM
ftr-441	2145	29	,	,	PUNCT
ftr-441	2145	30	each	each	PRON
ftr-441	2145	31	would	would	AUX
ftr-441	2145	32	recognize	recognize	VERB
ftr-441	2145	33	a	a	DET
ftr-441	2145	34	$	$	SYM
ftr-441	2145	35	1,000	1,000	NUM
ftr-441	2145	36	loss	loss	NOUN
ftr-441	2145	37	.	.	PUNCT
ftr-441	2146	1	thus	thus	ADV
ftr-441	2146	2	,	,	PUNCT
ftr-441	2146	3	when	when	SCONJ
ftr-441	2146	4	there	there	PRON
ftr-441	2146	5	is	be	VERB
ftr-441	2146	6	no	no	DET
ftr-441	2146	7	section	section	NOUN
ftr-441	2146	8	754	754	NUM
ftr-441	2146	9	election	election	NOUN
ftr-441	2146	10	made	make	VERB
ftr-441	2146	11	,	,	PUNCT
ftr-441	2146	12	the	the	DET
ftr-441	2146	13	effect	effect	NOUN
ftr-441	2146	14	is	be	AUX
ftr-441	2146	15	on	on	ADP
ftr-441	2146	16	the	the	DET
ftr-441	2146	17	timing	timing	NOUN
ftr-441	2146	18	of	of	ADP
ftr-441	2146	19	income	income	NOUN
ftr-441	2146	20	.	.	PUNCT
ftr-441	2147	1	although	although	SCONJ
ftr-441	2147	2	there	there	PRON
ftr-441	2147	3	is	be	VERB
ftr-441	2147	4	no	no	DET
ftr-441	2147	5	equivalent	equivalent	NOUN
ftr-441	2147	6	of	of	ADP
ftr-441	2147	7	section	section	NOUN
ftr-441	2147	8	751	751	NUM
ftr-441	2147	9	in	in	ADP
ftr-441	2147	10	the	the	DET
ftr-441	2147	11	spbf	spbf	NOUN
ftr-441	2147	12	rules	rule	NOUN
ftr-441	2147	13	,	,	PUNCT
ftr-441	2147	14	the	the	DET
ftr-441	2147	15	absence	absence	NOUN
ftr-441	2147	16	of	of	ADP
ftr-441	2147	17	a	a	DET
ftr-441	2147	18	section	section	NOUN
ftr-441	2147	19	754	754	NUM
ftr-441	2147	20	election	election	NOUN
ftr-441	2147	21	will	will	AUX
ftr-441	2147	22	not	not	PART
ftr-441	2147	23	affect	affect	VERB
ftr-441	2147	24	the	the	DET
ftr-441	2147	25	character	character	NOUN
ftr-441	2147	26	of	of	ADP
ftr-441	2147	27	the	the	DET
ftr-441	2147	28	income	income	NOUN
ftr-441	2147	29	recognized	recognize	VERB
ftr-441	2147	30	to	to	ADP
ftr-441	2147	31	the	the	DET
ftr-441	2147	32	owners	owner	NOUN
ftr-441	2147	33	as	as	ADP
ftr-441	2147	34	a	a	DET
ftr-441	2147	35	group	group	NOUN
ftr-441	2147	36	.	.	PUNCT
ftr-441	2148	1	in	in	ADP
ftr-441	2148	2	the	the	DET
ftr-441	2148	3	example	example	NOUN
ftr-441	2148	4	above	above	ADP
ftr-441	2148	5	,	,	PUNCT
ftr-441	2148	6	if	if	SCONJ
ftr-441	2148	7	the	the	DET
ftr-441	2148	8	asset	asset	NOUN
ftr-441	2148	9	owned	own	VERB
ftr-441	2148	10	by	by	ADP
ftr-441	2148	11	the	the	DET
ftr-441	2148	12	spbf	spbf	NOUN
ftr-441	2148	13	would	would	AUX
ftr-441	2148	14	generate	generate	VERB
ftr-441	2148	15	ordinary	ordinary	ADJ
ftr-441	2148	16	income	income	NOUN
ftr-441	2148	17	,	,	PUNCT
ftr-441	2148	18	a	a	PRON
ftr-441	2148	19	would	would	AUX
ftr-441	2148	20	nevertheless	nevertheless	ADV
ftr-441	2148	21	recognize	recognize	VERB
ftr-441	2148	22	a	a	DET
ftr-441	2148	23	$	$	SYM
ftr-441	2148	24	2,000	2,000	NUM
ftr-441	2148	25	capital	capital	NOUN
ftr-441	2148	26	gain	gain	NOUN
ftr-441	2148	27	on	on	ADP
ftr-441	2148	28	the	the	DET
ftr-441	2148	29	liquidation	liquidation	NOUN
ftr-441	2148	30	of	of	ADP
ftr-441	2148	31	the	the	DET
ftr-441	2148	32	spbf	spbf	ADJ
ftr-441	2148	33	interest	interest	NOUN
ftr-441	2148	34	(	(	PUNCT
ftr-441	2148	35	assuming	assume	VERB
ftr-441	2148	36	it	it	PRON
ftr-441	2148	37	is	be	AUX
ftr-441	2148	38	a	a	DET
ftr-441	2148	39	capital	capital	NOUN
ftr-441	2148	40	asset	asset	NOUN
ftr-441	2148	41	in	in	ADP
ftr-441	2148	42	a	a	PRON
ftr-441	2148	43	's	's	PART
ftr-441	2148	44	hands	hand	NOUN
ftr-441	2148	45	)	)	PUNCT
ftr-441	2148	46	.	.	PUNCT
ftr-441	2149	1	this	this	PRON
ftr-441	2149	2	is	be	AUX
ftr-441	2149	3	a	a	DET
ftr-441	2149	4	consequence	consequence	NOUN
ftr-441	2149	5	of	of	ADP
ftr-441	2149	6	the	the	DET
ftr-441	2149	7	absence	absence	NOUN
ftr-441	2149	8	of	of	ADP
ftr-441	2149	9	section	section	NOUN
ftr-441	2149	10	751	751	NUM
ftr-441	2149	11	.	.	PUNCT
ftr-441	2150	1	however	however	ADV
ftr-441	2150	2	,	,	PUNCT
ftr-441	2150	3	because	because	SCONJ
ftr-441	2150	4	there	there	PRON
ftr-441	2150	5	is	be	VERB
ftr-441	2150	6	no	no	DET
ftr-441	2150	7	section	section	NOUN
ftr-441	2150	8	754	754	NUM
ftr-441	2150	9	available	available	ADJ
ftr-441	2150	10	,	,	PUNCT
ftr-441	2150	11	the	the	DET
ftr-441	2150	12	firm	firm	NOUN
ftr-441	2150	13	will	will	AUX
ftr-441	2150	14	recognize	recognize	VERB
ftr-441	2150	15	the	the	DET
ftr-441	2150	16	full	full	ADJ
ftr-441	2150	17	$	$	SYM
ftr-441	2150	18	6,000	6,000	NUM
ftr-441	2150	19	gain	gain	NOUN
ftr-441	2150	20	as	as	ADP
ftr-441	2150	21	ordinary	ordinary	ADJ
ftr-441	2150	22	gain	gain	NOUN
ftr-441	2150	23	,	,	PUNCT
ftr-441	2150	24	and	and	CCONJ
ftr-441	2150	25	c	c	X
ftr-441	2150	26	,	,	PUNCT
ftr-441	2150	27	as	as	ADV
ftr-441	2150	28	well	well	ADV
ftr-441	2150	29	as	as	ADP
ftr-441	2150	30	b	b	NOUN
ftr-441	2150	31	,	,	PUNCT
ftr-441	2150	32	will	will	AUX
ftr-441	2150	33	have	have	VERB
ftr-441	2150	34	$	$	SYM
ftr-441	2150	35	3,000	3,000	NUM
ftr-441	2150	36	of	of	ADP
ftr-441	2150	37	ordinary	ordinary	ADJ
ftr-441	2150	38	income	income	NOUN
ftr-441	2150	39	as	as	ADP
ftr-441	2150	40	a	a	DET
ftr-441	2150	41	result	result	NOUN
ftr-441	2150	42	.	.	PUNCT
ftr-441	2151	1	presumably	presumably	ADV
ftr-441	2151	2	,	,	PUNCT
ftr-441	2151	3	the	the	DET
ftr-441	2151	4	parties	party	NOUN
ftr-441	2151	5	can	can	AUX
ftr-441	2151	6	take	take	VERB
ftr-441	2151	7	this	this	PRON
ftr-441	2151	8	into	into	ADP
ftr-441	2151	9	account	account	NOUN
ftr-441	2151	10	in	in	ADP
ftr-441	2151	11	fixing	fix	VERB
ftr-441	2151	12	a	a	DET
ftr-441	2151	13	price	price	NOUN
ftr-441	2151	14	necessary	necessary	ADJ
ftr-441	2151	15	to	to	PART
ftr-441	2151	16	liquidate	liquidate	VERB
ftr-441	2151	17	a	a	PRON
ftr-441	2151	18	's	's	PART
ftr-441	2151	19	interest	interest	NOUN
ftr-441	2151	20	.	.	PUNCT
ftr-441	2152	1	of	of	ADP
ftr-441	2152	2	course	course	ADV
ftr-441	2152	3	,	,	PUNCT
ftr-441	2152	4	if	if	SCONJ
ftr-441	2152	5	the	the	DET
ftr-441	2152	6	asset	asset	NOUN
ftr-441	2152	7	had	have	AUX
ftr-441	2152	8	decreased	decrease	VERB
ftr-441	2152	9	in	in	ADP
ftr-441	2152	10	value	value	NOUN
ftr-441	2152	11	,	,	PUNCT
ftr-441	2152	12	resulting	result	VERB
ftr-441	2152	13	in	in	ADP
ftr-441	2152	14	a	a	DET
ftr-441	2152	15	distribution	distribution	NOUN
ftr-441	2152	16	of	of	ADP
ftr-441	2152	17	less	less	ADJ
ftr-441	2152	18	than	than	ADP
ftr-441	2152	19	$	$	SYM
ftr-441	2152	20	10,000	10,000	NUM
ftr-441	2152	21	to	to	ADP
ftr-441	2152	22	a	a	PRON
ftr-441	2152	23	,	,	PUNCT
ftr-441	2152	24	the	the	DET
ftr-441	2152	25	effect	effect	NOUN
ftr-441	2152	26	would	would	AUX
ftr-441	2152	27	have	have	AUX
ftr-441	2152	28	been	be	AUX
ftr-441	2152	29	an	an	DET
ftr-441	2152	30	acceleration	acceleration	NOUN
ftr-441	2152	31	of	of	ADP
ftr-441	2152	32	capital	capital	NOUN
ftr-441	2152	33	loss	loss	NOUN
ftr-441	2152	34	(	(	PUNCT
ftr-441	2152	35	but	but	CCONJ
ftr-441	2152	36	no	no	DET
ftr-441	2152	37	ordinary	ordinary	ADJ
ftr-441	2152	38	loss	loss	NOUN
ftr-441	2152	39	)	)	PUNCT
ftr-441	2152	40	to	to	ADP
ftr-441	2152	41	a	a	PRON
ftr-441	2152	42	,	,	PUNCT
ftr-441	2152	43	while	while	SCONJ
ftr-441	2152	44	b	b	NOUN
ftr-441	2152	45	and	and	CCONJ
ftr-441	2152	46	c	c	PROPN
ftr-441	2152	47	would	would	AUX
ftr-441	2152	48	have	have	AUX
ftr-441	2152	49	received	receive	VERB
ftr-441	2152	50	an	an	DET
ftr-441	2152	51	allocation	allocation	NOUN
ftr-441	2152	52	of	of	ADP
ftr-441	2152	53	more	more	ADJ
ftr-441	2152	54	ordinary	ordinary	ADJ
ftr-441	2152	55	loss	loss	NOUN
ftr-441	2152	56	than	than	SCONJ
ftr-441	2152	57	they	they	PRON
ftr-441	2152	58	would	would	AUX
ftr-441	2152	59	strictly	strictly	ADV
ftr-441	2152	60	"	"	PUNCT
ftr-441	2152	61	deserve	deserve	VERB
ftr-441	2152	62	.	.	PUNCT
ftr-441	2152	63	"	"	PUNCT
ftr-441	2153	1	section	section	NOUN
ftr-441	2153	2	754	754	NUM
ftr-441	2153	3	elections	election	NOUN
ftr-441	2153	4	make	make	VERB
ftr-441	2153	5	the	the	DET
ftr-441	2153	6	conduit	conduit	NOUN
ftr-441	2153	7	rules	rule	NOUN
ftr-441	2153	8	operate	operate	VERB
ftr-441	2153	9	more	more	ADV
ftr-441	2153	10	precisely	precisely	ADV
ftr-441	2153	11	.	.	PUNCT
ftr-441	2154	1	however	however	ADV
ftr-441	2154	2	,	,	PUNCT
ftr-441	2154	3	they	they	PRON
ftr-441	2154	4	do	do	VERB
ftr-441	2154	5	so	so	ADV
ftr-441	2154	6	in	in	ADP
ftr-441	2154	7	a	a	DET
ftr-441	2154	8	way	way	NOUN
ftr-441	2154	9	that	that	PRON
ftr-441	2154	10	involves	involve	VERB
ftr-441	2154	11	substantial	substantial	ADJ
ftr-441	2154	12	complexity	complexity	NOUN
ftr-441	2154	13	for	for	ADP
ftr-441	2154	14	those	those	PRON
ftr-441	2154	15	who	who	PRON
ftr-441	2154	16	must	must	AUX
ftr-441	2154	17	comply	comply	VERB
ftr-441	2154	18	with	with	ADP
ftr-441	2154	19	the	the	DET
ftr-441	2154	20	tax	tax	NOUN
ftr-441	2154	21	provisions	provision	NOUN
ftr-441	2154	22	.	.	PUNCT
ftr-441	2155	1	it	it	PRON
ftr-441	2155	2	seems	seem	VERB
ftr-441	2155	3	likely	likely	ADJ
ftr-441	2155	4	that	that	SCONJ
ftr-441	2155	5	many	many	ADJ
ftr-441	2155	6	spbfs	spbfs	NOUN
ftr-441	2155	7	would	would	AUX
ftr-441	2155	8	not	not	PART
ftr-441	2155	9	rigorously	rigorously	ADV
ftr-441	2155	10	apply	apply	VERB
ftr-441	2155	11	the	the	DET
ftr-441	2155	12	rules	rule	NOUN
ftr-441	2155	13	of	of	ADP
ftr-441	2155	14	sections	section	NOUN
ftr-441	2155	15	754	754	NUM
ftr-441	2155	16	and	and	CCONJ
ftr-441	2155	17	734(b	734(b	NUM
ftr-441	2155	18	)	)	PUNCT
ftr-441	2155	19	even	even	ADV
ftr-441	2155	20	if	if	SCONJ
ftr-441	2155	21	the	the	DET
ftr-441	2155	22	opportunity	opportunity	NOUN
ftr-441	2155	23	were	be	AUX
ftr-441	2155	24	available	available	ADJ
ftr-441	2155	25	to	to	ADP
ftr-441	2155	26	them	they	PRON
ftr-441	2155	27	.	.	PUNCT
ftr-441	2156	1	furthermore	furthermore	ADV
ftr-441	2156	2	,	,	PUNCT
ftr-441	2156	3	the	the	DET
ftr-441	2156	4	proposed	propose	VERB
ftr-441	2156	5	distribution	distribution	NOUN
ftr-441	2156	6	rules	rule	NOUN
ftr-441	2156	7	for	for	ADP
ftr-441	2156	8	the	the	DET
ftr-441	2156	9	spbf	spbf	ADJ
ftr-441	2156	10	system	system	NOUN
ftr-441	2156	11	makes	make	VERB
ftr-441	2156	12	the	the	DET
ftr-441	2156	13	election	election	NOUN
ftr-441	2156	14	less	less	ADV
ftr-441	2156	15	necessary	necessary	ADJ
ftr-441	2156	16	in	in	ADP
ftr-441	2156	17	the	the	DET
ftr-441	2156	18	case	case	NOUN
ftr-441	2156	19	of	of	ADP
ftr-441	2156	20	an	an	DET
ftr-441	2156	21	spbf	spbf	ADJ
ftr-441	2156	22	distribution	distribution	NOUN
ftr-441	2156	23	than	than	ADP
ftr-441	2156	24	under	under	ADP
ftr-441	2156	25	subchapter	subchapter	NOUN
ftr-441	2156	26	k.	k.	NOUN
ftr-441	2156	27	in	in	ADP
ftr-441	2156	28	order	order	NOUN
ftr-441	2156	29	to	to	PART
ftr-441	2156	30	make	make	VERB
ftr-441	2156	31	the	the	DET
ftr-441	2156	32	spbf	spbf	ADJ
ftr-441	2156	33	system	system	NOUN
ftr-441	2156	34	more	more	ADV
ftr-441	2156	35	manageable	manageable	ADJ
ftr-441	2156	36	for	for	ADP
ftr-441	2156	37	those	those	PRON
ftr-441	2156	38	who	who	PRON
ftr-441	2156	39	elect	elect	VERB
ftr-441	2156	40	it	it	PRON
ftr-441	2156	41	,	,	PUNCT
ftr-441	2156	42	no	no	DET
ftr-441	2156	43	section	section	NOUN
ftr-441	2156	44	754	754	NUM
ftr-441	2156	45	election	election	NOUN
ftr-441	2156	46	is	be	AUX
ftr-441	2156	47	provided	provide	VERB
ftr-441	2156	48	for	for	ADP
ftr-441	2156	49	in	in	ADP
ftr-441	2156	50	a	a	DET
ftr-441	2156	51	distribution	distribution	NOUN
ftr-441	2156	52	.	.	PUNCT
ftr-441	2157	1	c.	c.	NOUN
ftr-441	2157	2	adjustments	adjustment	NOUN
ftr-441	2157	3	made	make	VERB
ftr-441	2157	4	on	on	ADP
ftr-441	2157	5	the	the	DET
ftr-441	2157	6	sale	sale	NOUN
ftr-441	2157	7	of	of	ADP
ftr-441	2157	8	ownership	ownership	NOUN
ftr-441	2157	9	interests.-when	interests.-when	ADV
ftr-441	2157	10	a	a	DET
ftr-441	2157	11	section	section	NOUN
ftr-441	2157	12	754	754	NUM
ftr-441	2157	13	election	election	NOUN
ftr-441	2157	14	is	be	AUX
ftr-441	2157	15	in	in	ADP
ftr-441	2157	16	effect	effect	NOUN
ftr-441	2157	17	,	,	PUNCT
ftr-441	2157	18	upon	upon	SCONJ
ftr-441	2157	19	a	a	DET
ftr-441	2157	20	sale	sale	NOUN
ftr-441	2157	21	of	of	ADP
ftr-441	2157	22	a	a	DET
ftr-441	2157	23	partnership	partnership	NOUN
ftr-441	2157	24	interest	interest	NOUN
ftr-441	2157	25	,	,	PUNCT
ftr-441	2157	26	the	the	DET
ftr-441	2157	27	transferee	transferee	NOUN
ftr-441	2157	28	receives	receive	VERB
ftr-441	2157	29	special	special	ADJ
ftr-441	2157	30	basis	basis	NOUN
ftr-441	2157	31	adjustments	adjustment	NOUN
ftr-441	2157	32	with	with	ADP
ftr-441	2157	33	respect	respect	NOUN
ftr-441	2157	34	to	to	ADP
ftr-441	2157	35	the	the	DET
ftr-441	2157	36	partnership	partnership	NOUN
ftr-441	2157	37	assets	asset	NOUN
ftr-441	2157	38	attributable	attributable	ADJ
ftr-441	2157	39	to	to	ADP
ftr-441	2157	40	the	the	DET
ftr-441	2157	41	transferred	transfer	VERB
ftr-441	2157	42	interest.3	interest.3	NOUN
ftr-441	2157	43	"	"	PUNCT
ftr-441	2157	44	as	as	ADP
ftr-441	2157	45	a	a	DET
ftr-441	2157	46	result	result	NOUN
ftr-441	2157	47	,	,	PUNCT
ftr-441	2157	48	the	the	DET
ftr-441	2157	49	transferee	transferee	NOUN
ftr-441	2157	50	is	be	AUX
ftr-441	2157	51	not	not	PART
ftr-441	2157	52	required	require	VERB
ftr-441	2157	53	to	to	PART
ftr-441	2157	54	pay	pay	VERB
ftr-441	2157	55	tax	tax	NOUN
ftr-441	2157	56	on	on	ADP
ftr-441	2157	57	unrealized	unrealized	ADJ
ftr-441	2157	58	gain	gain	NOUN
ftr-441	2157	59	that	that	SCONJ
ftr-441	2157	60	the	the	DET
ftr-441	2157	61	transferee	transferee	NOUN
ftr-441	2157	62	has	have	AUX
ftr-441	2157	63	,	,	PUNCT
ftr-441	2157	64	in	in	ADP
ftr-441	2157	65	effect	effect	NOUN
ftr-441	2157	66	,	,	PUNCT
ftr-441	2157	67	already	already	ADV
ftr-441	2157	68	paid	pay	VERB
ftr-441	2157	69	for	for	ADP
ftr-441	2157	70	.	.	PUNCT
ftr-441	2158	1	as	as	ADP
ftr-441	2158	2	with	with	ADP
ftr-441	2158	3	the	the	DET
ftr-441	2158	4	adjustment	adjustment	NOUN
ftr-441	2158	5	on	on	ADP
ftr-441	2158	6	distributions	distribution	NOUN
ftr-441	2158	7	,	,	PUNCT
ftr-441	2158	8	omitting	omit	VERB
ftr-441	2158	9	the	the	DET
ftr-441	2158	10	adjustment	adjustment	NOUN
ftr-441	2158	11	on	on	ADP
ftr-441	2158	12	a	a	DET
ftr-441	2158	13	sale	sale	NOUN
ftr-441	2158	14	changes	change	VERB
ftr-441	2158	15	the	the	DET
ftr-441	2158	16	timing	timing	NOUN
ftr-441	2158	17	of	of	ADP
ftr-441	2158	18	the	the	DET
ftr-441	2158	19	recognition	recognition	NOUN
ftr-441	2158	20	of	of	ADP
ftr-441	2158	21	income	income	NOUN
ftr-441	2158	22	:	:	PUNCT
ftr-441	2158	23	example	example	NOUN
ftr-441	2158	24	9	9	NUM
ftr-441	2158	25	.	.	NOUN
ftr-441	2158	26	same	same	ADJ
ftr-441	2158	27	facts	fact	NOUN
ftr-441	2158	28	as	as	ADP
ftr-441	2158	29	in	in	ADP
ftr-441	2158	30	example	example	NOUN
ftr-441	2158	31	8	8	NUM
ftr-441	2158	32	,	,	PUNCT
ftr-441	2158	33	except	except	SCONJ
ftr-441	2158	34	that	that	PRON
ftr-441	2158	35	instead	instead	ADV
ftr-441	2158	36	of	of	ADP
ftr-441	2158	37	liquidating	liquidate	VERB
ftr-441	2158	38	a	a	PRON
ftr-441	2158	39	's	's	PART
ftr-441	2158	40	interest	interest	NOUN
ftr-441	2158	41	,	,	PUNCT
ftr-441	2158	42	a	a	PRON
ftr-441	2158	43	sells	sell	VERB
ftr-441	2158	44	it	it	PRON
ftr-441	2158	45	to	to	PART
ftr-441	2158	46	buyer	buyer	VERB
ftr-441	2158	47	d	d	NOUN
ftr-441	2158	48	for	for	ADP
ftr-441	2158	49	$	$	SYM
ftr-441	2158	50	12,000	12,000	NUM
ftr-441	2158	51	,	,	PUNCT
ftr-441	2158	52	its	its	PRON
ftr-441	2158	53	fair	fair	ADJ
ftr-441	2158	54	market	market	NOUN
ftr-441	2158	55	value	value	NOUN
ftr-441	2158	56	.	.	PUNCT
ftr-441	2159	1	a	a	PRON
ftr-441	2159	2	recognizes	recognize	VERB
ftr-441	2159	3	a	a	DET
ftr-441	2159	4	$	$	SYM
ftr-441	2159	5	2,000	2,000	NUM
ftr-441	2159	6	gain	gain	NOUN
ftr-441	2159	7	on	on	ADP
ftr-441	2159	8	the	the	DET
ftr-441	2159	9	sale	sale	NOUN
ftr-441	2159	10	.	.	PUNCT
ftr-441	2160	1	if	if	SCONJ
ftr-441	2160	2	a	a	DET
ftr-441	2160	3	section	section	NOUN
ftr-441	2160	4	754	754	NUM
ftr-441	2160	5	election	election	NOUN
ftr-441	2160	6	were	be	AUX
ftr-441	2160	7	available	available	ADJ
ftr-441	2160	8	and	and	CCONJ
ftr-441	2160	9	in	in	ADP
ftr-441	2160	10	effect	effect	NOUN
ftr-441	2160	11	,	,	PUNCT
ftr-441	2160	12	d	d	PROPN
ftr-441	2160	13	would	would	AUX
ftr-441	2160	14	receive	receive	VERB
ftr-441	2160	15	a	a	DET
ftr-441	2160	16	special	special	ADJ
ftr-441	2160	17	300	300	NUM
ftr-441	2160	18	.	.	PUNCT
ftr-441	2161	1	see	see	VERB
ftr-441	2161	2	irc	irc	PROPN
ftr-441	2161	3	§	§	PROPN
ftr-441	2161	4	§	§	PROPN
ftr-441	2161	5	743(b	743(b	PROPN
ftr-441	2161	6	)	)	PUNCT
ftr-441	2161	7	,	,	PUNCT
ftr-441	2161	8	755	755	NUM
ftr-441	2161	9	.	.	PUNCT
ftr-441	2162	1	[	[	X
ftr-441	2162	2	vol	vol	NOUN
ftr-441	2162	3	.	.	PUNCT
ftr-441	2162	4	4.3	4.3	NUM
ftr-441	2162	5	the	the	DET
ftr-441	2162	6	future	future	ADJ
ftr-441	2162	7	taxation	taxation	NOUN
ftr-441	2162	8	of	of	ADP
ftr-441	2162	9	private	private	ADJ
ftr-441	2162	10	business	business	NOUN
ftr-441	2162	11	firms	firm	NOUN
ftr-441	2162	12	$	$	SYM
ftr-441	2162	13	2,000	2,000	NUM
ftr-441	2162	14	upward	upward	ADJ
ftr-441	2162	15	basis	basis	NOUN
ftr-441	2162	16	adjustment	adjustment	NOUN
ftr-441	2162	17	with	with	ADP
ftr-441	2162	18	respect	respect	NOUN
ftr-441	2162	19	to	to	ADP
ftr-441	2162	20	the	the	DET
ftr-441	2162	21	firm	firm	NOUN
ftr-441	2162	22	's	's	PART
ftr-441	2162	23	appreciated	appreciated	ADJ
ftr-441	2162	24	asset	asset	NOUN
ftr-441	2162	25	(	(	PUNCT
ftr-441	2162	26	one	one	NUM
ftr-441	2162	27	-	-	PUNCT
ftr-441	2162	28	third	third	NOUN
ftr-441	2162	29	of	of	ADP
ftr-441	2162	30	the	the	DET
ftr-441	2162	31	$	$	SYM
ftr-441	2162	32	24,000	24,000	NUM
ftr-441	2162	33	fair	fair	ADJ
ftr-441	2162	34	market	market	NOUN
ftr-441	2162	35	value	value	NOUN
ftr-441	2162	36	less	less	ADJ
ftr-441	2162	37	one	one	NUM
ftr-441	2162	38	-	-	PUNCT
ftr-441	2162	39	third	third	NOUN
ftr-441	2162	40	of	of	ADP
ftr-441	2162	41	the	the	DET
ftr-441	2162	42	$	$	SYM
ftr-441	2162	43	18,000	18,000	NUM
ftr-441	2162	44	basis	basis	NOUN
ftr-441	2162	45	)	)	PUNCT
ftr-441	2162	46	.	.	PUNCT
ftr-441	2163	1	thus	thus	ADV
ftr-441	2163	2	,	,	PUNCT
ftr-441	2163	3	if	if	SCONJ
ftr-441	2163	4	the	the	DET
ftr-441	2163	5	asset	asset	NOUN
ftr-441	2163	6	is	be	AUX
ftr-441	2163	7	sold	sell	VERB
ftr-441	2163	8	by	by	ADP
ftr-441	2163	9	the	the	DET
ftr-441	2163	10	firm	firm	NOUN
ftr-441	2163	11	for	for	ADP
ftr-441	2163	12	$	$	SYM
ftr-441	2163	13	24,000	24,000	NUM
ftr-441	2163	14	,	,	PUNCT
ftr-441	2163	15	d	d	X
ftr-441	2163	16	's	's	PART
ftr-441	2163	17	$	$	SYM
ftr-441	2163	18	2,000	2,000	NUM
ftr-441	2163	19	share	share	NOUN
ftr-441	2163	20	of	of	ADP
ftr-441	2163	21	the	the	DET
ftr-441	2163	22	firm	firm	NOUN
ftr-441	2163	23	's	's	PART
ftr-441	2163	24	$	$	SYM
ftr-441	2163	25	6,000	6,000	NUM
ftr-441	2163	26	gain	gain	NOUN
ftr-441	2163	27	would	would	AUX
ftr-441	2163	28	be	be	AUX
ftr-441	2163	29	completely	completely	ADV
ftr-441	2163	30	offset	offset	VERB
ftr-441	2163	31	by	by	ADP
ftr-441	2163	32	d	d	PROPN
ftr-441	2163	33	's	's	PART
ftr-441	2163	34	special	special	ADJ
ftr-441	2163	35	$	$	SYM
ftr-441	2163	36	2,000	2,000	NUM
ftr-441	2163	37	basis	basis	NOUN
ftr-441	2163	38	adjustment	adjustment	NOUN
ftr-441	2163	39	.	.	PUNCT
ftr-441	2164	1	in	in	ADP
ftr-441	2164	2	example	example	NOUN
ftr-441	2164	3	9	9	NUM
ftr-441	2164	4	,	,	PUNCT
ftr-441	2164	5	when	when	SCONJ
ftr-441	2164	6	no	no	DET
ftr-441	2164	7	section	section	NOUN
ftr-441	2164	8	754	754	NUM
ftr-441	2164	9	election	election	NOUN
ftr-441	2164	10	is	be	AUX
ftr-441	2164	11	in	in	ADP
ftr-441	2164	12	effect	effect	NOUN
ftr-441	2164	13	,	,	PUNCT
ftr-441	2164	14	d	d	X
ftr-441	2164	15	's	's	PART
ftr-441	2164	16	$	$	SYM
ftr-441	2164	17	2,000	2,000	NUM
ftr-441	2164	18	share	share	NOUN
ftr-441	2164	19	of	of	ADP
ftr-441	2164	20	the	the	DET
ftr-441	2164	21	gain	gain	NOUN
ftr-441	2164	22	on	on	ADP
ftr-441	2164	23	the	the	DET
ftr-441	2164	24	sale	sale	NOUN
ftr-441	2164	25	of	of	ADP
ftr-441	2164	26	the	the	DET
ftr-441	2164	27	asset	asset	NOUN
ftr-441	2164	28	results	result	NOUN
ftr-441	2164	29	in	in	ADP
ftr-441	2164	30	a	a	DET
ftr-441	2164	31	larger	large	ADJ
ftr-441	2164	32	outside	outside	ADJ
ftr-441	2164	33	basis	basis	NOUN
ftr-441	2164	34	in	in	ADP
ftr-441	2164	35	the	the	DET
ftr-441	2164	36	firm	firm	NOUN
ftr-441	2164	37	.	.	PUNCT
ftr-441	2165	1	thus	thus	ADV
ftr-441	2165	2	,	,	PUNCT
ftr-441	2165	3	when	when	SCONJ
ftr-441	2165	4	d	d	PROPN
ftr-441	2165	5	sells	sell	VERB
ftr-441	2165	6	the	the	DET
ftr-441	2165	7	interest	interest	NOUN
ftr-441	2165	8	in	in	ADP
ftr-441	2165	9	the	the	DET
ftr-441	2165	10	firm	firm	NOUN
ftr-441	2165	11	,	,	PUNCT
ftr-441	2165	12	d	d	PROPN
ftr-441	2165	13	will	will	AUX
ftr-441	2165	14	have	have	VERB
ftr-441	2165	15	less	less	ADJ
ftr-441	2165	16	income	income	NOUN
ftr-441	2165	17	than	than	SCONJ
ftr-441	2165	18	had	have	VERB
ftr-441	2165	19	a	a	DET
ftr-441	2165	20	section	section	NOUN
ftr-441	2165	21	754	754	NUM
ftr-441	2165	22	election	election	NOUN
ftr-441	2165	23	been	be	AUX
ftr-441	2165	24	in	in	ADP
ftr-441	2165	25	effect	effect	NOUN
ftr-441	2165	26	.	.	PUNCT
ftr-441	2166	1	the	the	DET
ftr-441	2166	2	increased	increase	VERB
ftr-441	2166	3	income	income	NOUN
ftr-441	2166	4	at	at	ADP
ftr-441	2166	5	the	the	DET
ftr-441	2166	6	time	time	NOUN
ftr-441	2166	7	the	the	DET
ftr-441	2166	8	asset	asset	NOUN
ftr-441	2166	9	is	be	AUX
ftr-441	2166	10	sold	sell	VERB
ftr-441	2166	11	is	be	AUX
ftr-441	2166	12	matched	match	VERB
ftr-441	2166	13	by	by	ADP
ftr-441	2166	14	decreased	decrease	VERB
ftr-441	2166	15	income	income	NOUN
ftr-441	2166	16	when	when	SCONJ
ftr-441	2166	17	the	the	DET
ftr-441	2166	18	spbf	spbf	ADJ
ftr-441	2166	19	interest	interest	NOUN
ftr-441	2166	20	is	be	AUX
ftr-441	2166	21	sold	sell	VERB
ftr-441	2166	22	.	.	PUNCT
ftr-441	2167	1	despite	despite	SCONJ
ftr-441	2167	2	the	the	DET
ftr-441	2167	3	benefits	benefit	NOUN
ftr-441	2167	4	that	that	PRON
ftr-441	2167	5	the	the	DET
ftr-441	2167	6	precision	precision	NOUN
ftr-441	2167	7	of	of	ADP
ftr-441	2167	8	section	section	NOUN
ftr-441	2167	9	754	754	NUM
ftr-441	2167	10	affords	afford	NOUN
ftr-441	2167	11	in	in	ADP
ftr-441	2167	12	the	the	DET
ftr-441	2167	13	case	case	NOUN
ftr-441	2167	14	of	of	ADP
ftr-441	2167	15	a	a	DET
ftr-441	2167	16	transfer	transfer	NOUN
ftr-441	2167	17	of	of	ADP
ftr-441	2167	18	ownership	ownership	NOUN
ftr-441	2167	19	interests	interest	NOUN
ftr-441	2167	20	,	,	PUNCT
ftr-441	2167	21	the	the	DET
ftr-441	2167	22	cost	cost	NOUN
ftr-441	2167	23	in	in	ADP
ftr-441	2167	24	terms	term	NOUN
ftr-441	2167	25	of	of	ADP
ftr-441	2167	26	complexity	complexity	NOUN
ftr-441	2167	27	is	be	AUX
ftr-441	2167	28	quite	quite	ADV
ftr-441	2167	29	great	great	ADJ
ftr-441	2167	30	.	.	PUNCT
ftr-441	2168	1	unlike	unlike	ADP
ftr-441	2168	2	the	the	DET
ftr-441	2168	3	adjustments	adjustment	NOUN
ftr-441	2168	4	on	on	ADP
ftr-441	2168	5	a	a	DET
ftr-441	2168	6	distribution	distribution	NOUN
ftr-441	2168	7	which	which	PRON
ftr-441	2168	8	can	can	AUX
ftr-441	2168	9	be	be	AUX
ftr-441	2168	10	made	make	VERB
ftr-441	2168	11	to	to	ADP
ftr-441	2168	12	the	the	DET
ftr-441	2168	13	general	general	ADJ
ftr-441	2168	14	basis	basis	NOUN
ftr-441	2168	15	of	of	ADP
ftr-441	2168	16	the	the	DET
ftr-441	2168	17	firm	firm	NOUN
ftr-441	2168	18	,	,	PUNCT
ftr-441	2168	19	the	the	DET
ftr-441	2168	20	basis	basis	NOUN
ftr-441	2168	21	adjustments	adjustment	NOUN
ftr-441	2168	22	on	on	ADP
ftr-441	2168	23	a	a	DET
ftr-441	2168	24	sale	sale	NOUN
ftr-441	2168	25	are	be	AUX
ftr-441	2168	26	unique	unique	ADJ
ftr-441	2168	27	to	to	ADP
ftr-441	2168	28	particular	particular	ADJ
ftr-441	2168	29	owners	owner	NOUN
ftr-441	2168	30	.	.	PUNCT
ftr-441	2169	1	in	in	ADP
ftr-441	2169	2	example	example	NOUN
ftr-441	2169	3	9	9	NUM
ftr-441	2169	4	,	,	PUNCT
ftr-441	2169	5	the	the	DET
ftr-441	2169	6	$	$	SYM
ftr-441	2169	7	2,000	2,000	NUM
ftr-441	2169	8	basis	basis	NOUN
ftr-441	2169	9	adjustment	adjustment	NOUN
ftr-441	2169	10	belongs	belong	VERB
ftr-441	2169	11	to	to	ADP
ftr-441	2169	12	d	d	NOUN
ftr-441	2169	13	only	only	ADV
ftr-441	2169	14	;	;	PUNCT
ftr-441	2169	15	b	b	X
ftr-441	2169	16	and	and	CCONJ
ftr-441	2169	17	c	c	PROPN
ftr-441	2169	18	would	would	AUX
ftr-441	2169	19	be	be	AUX
ftr-441	2169	20	taxed	tax	VERB
ftr-441	2169	21	incorrectly	incorrectly	ADV
ftr-441	2169	22	if	if	SCONJ
ftr-441	2169	23	the	the	DET
ftr-441	2169	24	general	general	ADJ
ftr-441	2169	25	basis	basis	NOUN
ftr-441	2169	26	of	of	ADP
ftr-441	2169	27	the	the	DET
ftr-441	2169	28	firm	firm	NOUN
ftr-441	2169	29	in	in	ADP
ftr-441	2169	30	the	the	DET
ftr-441	2169	31	asset	asset	NOUN
ftr-441	2169	32	were	be	AUX
ftr-441	2169	33	increased	increase	VERB
ftr-441	2169	34	by	by	ADP
ftr-441	2169	35	$	$	SYM
ftr-441	2169	36	2,000	2,000	NUM
ftr-441	2169	37	and	and	CCONJ
ftr-441	2169	38	the	the	DET
ftr-441	2169	39	three	three	NUM
ftr-441	2169	40	owners	owner	NOUN
ftr-441	2169	41	subsequently	subsequently	ADV
ftr-441	2169	42	split	split	VERB
ftr-441	2169	43	equally	equally	ADV
ftr-441	2169	44	the	the	DET
ftr-441	2169	45	resulting	result	VERB
ftr-441	2169	46	$	$	SYM
ftr-441	2169	47	4,000	4,000	NUM
ftr-441	2169	48	gain	gain	NOUN
ftr-441	2169	49	upon	upon	SCONJ
ftr-441	2169	50	sale	sale	NOUN
ftr-441	2169	51	of	of	ADP
ftr-441	2169	52	the	the	DET
ftr-441	2169	53	asset.~	asset.~	NOUN
ftr-441	2169	54	"	"	PUNCT
ftr-441	2169	55	in	in	ADP
ftr-441	2169	56	addition	addition	NOUN
ftr-441	2169	57	,	,	PUNCT
ftr-441	2169	58	if	if	SCONJ
ftr-441	2169	59	the	the	DET
ftr-441	2169	60	firm	firm	NOUN
ftr-441	2169	61	has	have	VERB
ftr-441	2169	62	many	many	ADJ
ftr-441	2169	63	assets	asset	NOUN
ftr-441	2169	64	,	,	PUNCT
ftr-441	2169	65	the	the	DET
ftr-441	2169	66	total	total	ADJ
ftr-441	2169	67	basis	basis	NOUN
ftr-441	2169	68	adjustment	adjustment	NOUN
ftr-441	2169	69	must	must	AUX
ftr-441	2169	70	be	be	AUX
ftr-441	2169	71	allocated	allocate	VERB
ftr-441	2169	72	among	among	ADP
ftr-441	2169	73	those	those	DET
ftr-441	2169	74	assets	asset	NOUN
ftr-441	2169	75	.	.	PUNCT
ftr-441	2170	1	if	if	SCONJ
ftr-441	2170	2	there	there	PRON
ftr-441	2170	3	are	be	VERB
ftr-441	2170	4	multiple	multiple	ADJ
ftr-441	2170	5	sales	sale	NOUN
ftr-441	2170	6	,	,	PUNCT
ftr-441	2170	7	it	it	PRON
ftr-441	2170	8	will	will	AUX
ftr-441	2170	9	have	have	VERB
ftr-441	2170	10	to	to	PART
ftr-441	2170	11	keep	keep	VERB
ftr-441	2170	12	track	track	NOUN
ftr-441	2170	13	of	of	ADP
ftr-441	2170	14	separate	separate	ADJ
ftr-441	2170	15	sets	set	NOUN
ftr-441	2170	16	of	of	ADP
ftr-441	2170	17	such	such	ADJ
ftr-441	2170	18	adjustments	adjustment	NOUN
ftr-441	2170	19	for	for	ADP
ftr-441	2170	20	different	different	ADJ
ftr-441	2170	21	owners	owner	NOUN
ftr-441	2170	22	.	.	PUNCT
ftr-441	2171	1	moreover	moreover	ADV
ftr-441	2171	2	,	,	PUNCT
ftr-441	2171	3	it	it	PRON
ftr-441	2171	4	will	will	AUX
ftr-441	2171	5	have	have	VERB
ftr-441	2171	6	to	to	PART
ftr-441	2171	7	remember	remember	VERB
ftr-441	2171	8	to	to	PART
ftr-441	2171	9	apply	apply	VERB
ftr-441	2171	10	all	all	PRON
ftr-441	2171	11	of	of	ADP
ftr-441	2171	12	the	the	DET
ftr-441	2171	13	adjustments	adjustment	NOUN
ftr-441	2171	14	correctly	correctly	ADV
ftr-441	2171	15	in	in	ADP
ftr-441	2171	16	calculating	calculate	VERB
ftr-441	2171	17	and	and	CCONJ
ftr-441	2171	18	allocating	allocate	VERB
ftr-441	2171	19	gains	gain	NOUN
ftr-441	2171	20	and	and	CCONJ
ftr-441	2171	21	losses	loss	NOUN
ftr-441	2171	22	of	of	ADP
ftr-441	2171	23	the	the	DET
ftr-441	2171	24	firm	firm	NOUN
ftr-441	2171	25	on	on	ADP
ftr-441	2171	26	future	future	ADJ
ftr-441	2171	27	sales	sale	NOUN
ftr-441	2171	28	.	.	PUNCT
ftr-441	2172	1	the	the	DET
ftr-441	2172	2	timing	timing	NOUN
ftr-441	2172	3	problems	problem	NOUN
ftr-441	2172	4	that	that	PRON
ftr-441	2172	5	arise	arise	VERB
ftr-441	2172	6	when	when	SCONJ
ftr-441	2172	7	no	no	DET
ftr-441	2172	8	section	section	NOUN
ftr-441	2172	9	754	754	NUM
ftr-441	2172	10	election	election	NOUN
ftr-441	2172	11	is	be	AUX
ftr-441	2172	12	permitted	permit	VERB
ftr-441	2172	13	have	have	AUX
ftr-441	2172	14	been	be	AUX
ftr-441	2172	15	tolerated	tolerate	VERB
ftr-441	2172	16	in	in	ADP
ftr-441	2172	17	the	the	DET
ftr-441	2172	18	subchapter	subchapter	NOUN
ftr-441	2172	19	s	s	PART
ftr-441	2172	20	context	context	NOUN
ftr-441	2172	21	.	.	PUNCT
ftr-441	2173	1	because	because	SCONJ
ftr-441	2173	2	of	of	ADP
ftr-441	2173	3	the	the	DET
ftr-441	2173	4	proposed	propose	VERB
ftr-441	2173	5	spbf	spbf	ADJ
ftr-441	2173	6	distribution	distribution	NOUN
ftr-441	2173	7	rules	rule	NOUN
ftr-441	2173	8	,	,	PUNCT
ftr-441	2173	9	there	there	PRON
ftr-441	2173	10	should	should	AUX
ftr-441	2173	11	be	be	AUX
ftr-441	2173	12	no	no	DET
ftr-441	2173	13	permanent	permanent	ADJ
ftr-441	2173	14	effect	effect	NOUN
ftr-441	2173	15	on	on	ADP
ftr-441	2173	16	the	the	DET
ftr-441	2173	17	amount	amount	NOUN
ftr-441	2173	18	of	of	ADP
ftr-441	2173	19	income	income	NOUN
ftr-441	2173	20	recognized	recognize	VERB
ftr-441	2173	21	.	.	PUNCT
ftr-441	2174	1	not	not	PART
ftr-441	2174	2	allowing	allow	VERB
ftr-441	2174	3	a	a	DET
ftr-441	2174	4	section	section	NOUN
ftr-441	2174	5	754	754	NUM
ftr-441	2174	6	election	election	NOUN
ftr-441	2174	7	can	can	AUX
ftr-441	2174	8	give	give	VERB
ftr-441	2174	9	individual	individual	ADJ
ftr-441	2174	10	owners	owner	NOUN
ftr-441	2174	11	tax	tax	NOUN
ftr-441	2174	12	consequences	consequence	NOUN
ftr-441	2174	13	that	that	PRON
ftr-441	2174	14	are	be	AUX
ftr-441	2174	15	not	not	PART
ftr-441	2174	16	precise	precise	ADJ
ftr-441	2174	17	.	.	PUNCT
ftr-441	2175	1	however	however	ADV
ftr-441	2175	2	,	,	PUNCT
ftr-441	2175	3	those	those	DET
ftr-441	2175	4	consequences	consequence	NOUN
ftr-441	2175	5	can	can	AUX
ftr-441	2175	6	to	to	ADP
ftr-441	2175	7	some	some	DET
ftr-441	2175	8	301	301	NUM
ftr-441	2175	9	.	.	PUNCT
ftr-441	2176	1	but	but	CCONJ
ftr-441	2176	2	see	see	VERB
ftr-441	2176	3	prop	prop	NOUN
ftr-441	2176	4	.	.	PUNCT
ftr-441	2177	1	regs	regs	PROPN
ftr-441	2177	2	.	.	PUNCT
ftr-441	2178	1	§	§	PROPN
ftr-441	2178	2	1.743	1.743	NUM
ftr-441	2178	3	-	-	SYM
ftr-441	2178	4	2(a	2(a	NUM
ftr-441	2178	5	)	)	PUNCT
ftr-441	2178	6	allowing	allow	VERB
ftr-441	2178	7	a	a	DET
ftr-441	2178	8	special	special	ADJ
ftr-441	2178	9	basis	basis	NOUN
ftr-441	2178	10	adjustment	adjustment	NOUN
ftr-441	2178	11	with	with	ADP
ftr-441	2178	12	respect	respect	NOUN
ftr-441	2178	13	to	to	ADP
ftr-441	2178	14	only	only	ADV
ftr-441	2178	15	one	one	NUM
ftr-441	2178	16	partner	partner	NOUN
ftr-441	2178	17	to	to	PART
ftr-441	2178	18	be	be	AUX
ftr-441	2178	19	taken	take	VERB
ftr-441	2178	20	into	into	ADP
ftr-441	2178	21	account	account	NOUN
ftr-441	2178	22	as	as	ADP
ftr-441	2178	23	a	a	DET
ftr-441	2178	24	general	general	ADJ
ftr-441	2178	25	partnership	partnership	NOUN
ftr-441	2178	26	basis	basis	NOUN
ftr-441	2178	27	adjustment	adjustment	NOUN
ftr-441	2178	28	when	when	SCONJ
ftr-441	2178	29	partnership	partnership	NOUN
ftr-441	2178	30	assets	asset	NOUN
ftr-441	2178	31	are	be	AUX
ftr-441	2178	32	deemed	deem	VERB
ftr-441	2178	33	contributed	contribute	VERB
ftr-441	2178	34	to	to	ADP
ftr-441	2178	35	a	a	DET
ftr-441	2178	36	corporation	corporation	NOUN
ftr-441	2178	37	pursuant	pursuant	ADJ
ftr-441	2178	38	to	to	ADP
ftr-441	2178	39	an	an	DET
ftr-441	2178	40	elective	elective	ADJ
ftr-441	2178	41	conversion	conversion	NOUN
ftr-441	2178	42	from	from	ADP
ftr-441	2178	43	partnership	partnership	NOUN
ftr-441	2178	44	to	to	ADP
ftr-441	2178	45	association	association	NOUN
ftr-441	2178	46	tax	tax	NOUN
ftr-441	2178	47	status	status	NOUN
ftr-441	2178	48	.	.	PUNCT
ftr-441	2179	1	(	(	PUNCT
ftr-441	2179	2	under	under	ADP
ftr-441	2179	3	prop	prop	NOUN
ftr-441	2179	4	.	.	PUNCT
ftr-441	2180	1	regs	regs	PROPN
ftr-441	2180	2	.	.	PUNCT
ftr-441	2181	1	§	§	PROPN
ftr-441	2181	2	301.7701	301.7701	NUM
ftr-441	2181	3	-	-	SYM
ftr-441	2181	4	3(g)(l)(i	3(g)(l)(i	NUM
ftr-441	2181	5	)	)	PUNCT
ftr-441	2181	6	,	,	PUNCT
ftr-441	2181	7	if	if	SCONJ
ftr-441	2181	8	a	a	DET
ftr-441	2181	9	partnership	partnership	NOUN
ftr-441	2181	10	elects	elect	VERB
ftr-441	2181	11	to	to	PART
ftr-441	2181	12	be	be	AUX
ftr-441	2181	13	classified	classify	VERB
ftr-441	2181	14	as	as	ADP
ftr-441	2181	15	an	an	DET
ftr-441	2181	16	association	association	NOUN
ftr-441	2181	17	for	for	ADP
ftr-441	2181	18	tax	tax	NOUN
ftr-441	2181	19	purposes	purpose	NOUN
ftr-441	2181	20	,	,	PUNCT
ftr-441	2181	21	the	the	DET
ftr-441	2181	22	partnership	partnership	NOUN
ftr-441	2181	23	is	be	AUX
ftr-441	2181	24	deemed	deem	VERB
ftr-441	2181	25	to	to	PART
ftr-441	2181	26	contribute	contribute	VERB
ftr-441	2181	27	all	all	PRON
ftr-441	2181	28	of	of	ADP
ftr-441	2181	29	its	its	PRON
ftr-441	2181	30	assets	asset	NOUN
ftr-441	2181	31	and	and	CCONJ
ftr-441	2181	32	liabilities	liability	NOUN
ftr-441	2181	33	to	to	ADP
ftr-441	2181	34	the	the	DET
ftr-441	2181	35	association	association	NOUN
ftr-441	2181	36	in	in	ADP
ftr-441	2181	37	exchange	exchange	NOUN
ftr-441	2181	38	for	for	ADP
ftr-441	2181	39	stock	stock	NOUN
ftr-441	2181	40	in	in	ADP
ftr-441	2181	41	the	the	DET
ftr-441	2181	42	association	association	NOUN
ftr-441	2181	43	,	,	PUNCT
ftr-441	2181	44	followed	follow	VERB
ftr-441	2181	45	by	by	ADP
ftr-441	2181	46	an	an	DET
ftr-441	2181	47	immediate	immediate	ADJ
ftr-441	2181	48	liquidation	liquidation	NOUN
ftr-441	2181	49	of	of	ADP
ftr-441	2181	50	the	the	DET
ftr-441	2181	51	partnership	partnership	NOUN
ftr-441	2181	52	and	and	CCONJ
ftr-441	2181	53	distribution	distribution	NOUN
ftr-441	2181	54	of	of	ADP
ftr-441	2181	55	such	such	ADJ
ftr-441	2181	56	stock	stock	NOUN
ftr-441	2181	57	to	to	ADP
ftr-441	2181	58	the	the	DET
ftr-441	2181	59	former	former	ADJ
ftr-441	2181	60	partners	partner	NOUN
ftr-441	2181	61	.	.	PUNCT
ftr-441	2181	62	)	)	PUNCT
ftr-441	2182	1	in	in	ADP
ftr-441	2182	2	the	the	DET
ftr-441	2182	3	deemed	deemed	ADJ
ftr-441	2182	4	contribution	contribution	NOUN
ftr-441	2182	5	of	of	ADP
ftr-441	2182	6	assets	asset	NOUN
ftr-441	2182	7	to	to	ADP
ftr-441	2182	8	a	a	DET
ftr-441	2182	9	corporation	corporation	NOUN
ftr-441	2182	10	,	,	PUNCT
ftr-441	2182	11	the	the	DET
ftr-441	2182	12	corporation	corporation	NOUN
ftr-441	2182	13	's	's	PART
ftr-441	2182	14	basis	basis	NOUN
ftr-441	2182	15	in	in	ADP
ftr-441	2182	16	the	the	DET
ftr-441	2182	17	assets	asset	NOUN
ftr-441	2182	18	contributed	contribute	VERB
ftr-441	2182	19	generally	generally	ADV
ftr-441	2182	20	takes	take	VERB
ftr-441	2182	21	into	into	ADP
ftr-441	2182	22	account	account	NOUN
ftr-441	2182	23	any	any	DET
ftr-441	2182	24	special	special	ADJ
ftr-441	2182	25	basis	basis	NOUN
ftr-441	2182	26	adjustments	adjustment	NOUN
ftr-441	2182	27	belonging	belong	VERB
ftr-441	2182	28	to	to	ADP
ftr-441	2182	29	individual	individual	ADJ
ftr-441	2182	30	partners	partner	NOUN
ftr-441	2182	31	.	.	PUNCT
ftr-441	2183	1	prop	prop	NOUN
ftr-441	2183	2	.	.	PUNCT
ftr-441	2183	3	regs	regs	PROPN
ftr-441	2183	4	.	.	PUNCT
ftr-441	2184	1	§	§	PROPN
ftr-441	2184	2	1.743	1.743	NUM
ftr-441	2184	3	-	-	SYM
ftr-441	2184	4	2(a	2(a	NUM
ftr-441	2184	5	)	)	PUNCT
ftr-441	2184	6	.	.	PUNCT
ftr-441	2185	1	the	the	DET
ftr-441	2185	2	individual	individual	ADJ
ftr-441	2185	3	partners	partner	NOUN
ftr-441	2185	4	also	also	ADV
ftr-441	2185	5	preserve	preserve	VERB
ftr-441	2185	6	their	their	PRON
ftr-441	2185	7	special	special	ADJ
ftr-441	2185	8	basis	basis	NOUN
ftr-441	2185	9	adjustments	adjustment	NOUN
ftr-441	2185	10	in	in	ADP
ftr-441	2185	11	determining	determine	VERB
ftr-441	2185	12	their	their	PRON
ftr-441	2185	13	basis	basis	NOUN
ftr-441	2185	14	in	in	ADP
ftr-441	2185	15	the	the	DET
ftr-441	2185	16	corporate	corporate	ADJ
ftr-441	2185	17	stock	stock	NOUN
ftr-441	2185	18	received	receive	VERB
ftr-441	2185	19	in	in	ADP
ftr-441	2185	20	the	the	DET
ftr-441	2185	21	exchange	exchange	NOUN
ftr-441	2185	22	.	.	PUNCT
ftr-441	2186	1	prop	prop	NOUN
ftr-441	2186	2	.	.	PUNCT
ftr-441	2186	3	regs	regs	PROPN
ftr-441	2186	4	.	.	PUNCT
ftr-441	2187	1	§	§	PROPN
ftr-441	2187	2	1.743	1.743	NUM
ftr-441	2187	3	-	-	SYM
ftr-441	2187	4	2(c	2(c	NUM
ftr-441	2187	5	)	)	PUNCT
ftr-441	2187	6	(	(	PUNCT
ftr-441	2187	7	2d	2d	NUM
ftr-441	2187	8	sentence	sentence	NOUN
ftr-441	2187	9	)	)	PUNCT
ftr-441	2187	10	.	.	PUNCT
ftr-441	2188	1	19991	19991	NUM
ftr-441	2188	2	florida	florida	PROPN
ftr-441	2188	3	tax	tax	NOUN
ftr-441	2188	4	review	review	NOUN
ftr-441	2188	5	extent	extent	NOUN
ftr-441	2188	6	be	be	AUX
ftr-441	2188	7	predicted	predict	VERB
ftr-441	2188	8	at	at	ADP
ftr-441	2188	9	the	the	DET
ftr-441	2188	10	time	time	NOUN
ftr-441	2188	11	of	of	ADP
ftr-441	2188	12	a	a	DET
ftr-441	2188	13	purchase	purchase	NOUN
ftr-441	2188	14	,	,	PUNCT
ftr-441	2188	15	and	and	CCONJ
ftr-441	2188	16	,	,	PUNCT
ftr-441	2188	17	at	at	ADP
ftr-441	2188	18	least	least	ADJ
ftr-441	2188	19	in	in	ADP
ftr-441	2188	20	theory	theory	NOUN
ftr-441	2188	21	,	,	PUNCT
ftr-441	2188	22	adjustments	adjustment	NOUN
ftr-441	2188	23	can	can	AUX
ftr-441	2188	24	be	be	AUX
ftr-441	2188	25	made	make	VERB
ftr-441	2188	26	to	to	ADP
ftr-441	2188	27	the	the	DET
ftr-441	2188	28	purchase	purchase	NOUN
ftr-441	2188	29	price	price	NOUN
ftr-441	2188	30	to	to	PART
ftr-441	2188	31	accommodate	accommodate	VERB
ftr-441	2188	32	those	those	DET
ftr-441	2188	33	consequences	consequence	NOUN
ftr-441	2188	34	.	.	PUNCT
ftr-441	2189	1	in	in	ADP
ftr-441	2189	2	any	any	DET
ftr-441	2189	3	event	event	NOUN
ftr-441	2189	4	,	,	PUNCT
ftr-441	2189	5	the	the	DET
ftr-441	2189	6	benefits	benefit	NOUN
ftr-441	2189	7	of	of	ADP
ftr-441	2189	8	the	the	DET
ftr-441	2189	9	simplicity	simplicity	NOUN
ftr-441	2189	10	of	of	ADP
ftr-441	2189	11	the	the	DET
ftr-441	2189	12	spbf	spbf	ADJ
ftr-441	2189	13	system	system	NOUN
ftr-441	2189	14	should	should	AUX
ftr-441	2189	15	prove	prove	VERB
ftr-441	2189	16	attractive	attractive	ADJ
ftr-441	2189	17	enough	enough	ADV
ftr-441	2189	18	to	to	PART
ftr-441	2189	19	make	make	VERB
ftr-441	2189	20	taxpayers	taxpayer	NOUN
ftr-441	2189	21	willing	willing	ADJ
ftr-441	2189	22	to	to	PART
ftr-441	2189	23	adopt	adopt	VERB
ftr-441	2189	24	the	the	DET
ftr-441	2189	25	spbf	spbf	ADJ
ftr-441	2189	26	structure	structure	NOUN
ftr-441	2189	27	despite	despite	SCONJ
ftr-441	2189	28	this	this	DET
ftr-441	2189	29	imprecision	imprecision	NOUN
ftr-441	2189	30	.	.	PUNCT
ftr-441	2190	1	the	the	DET
ftr-441	2190	2	absence	absence	NOUN
ftr-441	2190	3	of	of	ADP
ftr-441	2190	4	the	the	DET
ftr-441	2190	5	section	section	NOUN
ftr-441	2190	6	754	754	NUM
ftr-441	2190	7	election	election	NOUN
ftr-441	2190	8	also	also	ADV
ftr-441	2190	9	permits	permit	VERB
ftr-441	2190	10	manipulation	manipulation	NOUN
ftr-441	2190	11	by	by	ADP
ftr-441	2190	12	the	the	DET
ftr-441	2190	13	owners	owner	NOUN
ftr-441	2190	14	of	of	ADP
ftr-441	2190	15	some	some	PRON
ftr-441	2190	16	of	of	ADP
ftr-441	2190	17	their	their	PRON
ftr-441	2190	18	tax	tax	NOUN
ftr-441	2190	19	consequences	consequence	NOUN
ftr-441	2190	20	.	.	PUNCT
ftr-441	2191	1	but	but	CCONJ
ftr-441	2191	2	because	because	SCONJ
ftr-441	2191	3	section	section	NOUN
ftr-441	2191	4	754	754	NUM
ftr-441	2191	5	is	be	AUX
ftr-441	2191	6	elective	elective	ADJ
ftr-441	2191	7	under	under	ADP
ftr-441	2191	8	current	current	ADJ
ftr-441	2191	9	law	law	NOUN
ftr-441	2191	10	,	,	PUNCT
ftr-441	2191	11	that	that	DET
ftr-441	2191	12	possibility	possibility	NOUN
ftr-441	2191	13	already	already	ADV
ftr-441	2191	14	exists.2	exists.2	NOUN
ftr-441	2191	15	'	'	PUNCT
ftr-441	2191	16	true	true	ADJ
ftr-441	2191	17	,	,	PUNCT
ftr-441	2191	18	the	the	DET
ftr-441	2191	19	absence	absence	NOUN
ftr-441	2191	20	of	of	ADP
ftr-441	2191	21	section	section	NOUN
ftr-441	2191	22	751	751	NUM
ftr-441	2191	23	in	in	ADP
ftr-441	2191	24	the	the	DET
ftr-441	2191	25	spbf	spbf	ADJ
ftr-441	2191	26	structure	structure	NOUN
ftr-441	2191	27	makes	make	VERB
ftr-441	2191	28	this	this	DET
ftr-441	2191	29	manipulation	manipulation	NOUN
ftr-441	2191	30	potentially	potentially	ADV
ftr-441	2191	31	more	more	ADV
ftr-441	2191	32	serious	serious	ADJ
ftr-441	2191	33	.	.	PUNCT
ftr-441	2192	1	yet	yet	CCONJ
ftr-441	2192	2	the	the	DET
ftr-441	2192	3	manipulation	manipulation	NOUN
ftr-441	2192	4	is	be	AUX
ftr-441	2192	5	primarily	primarily	ADV
ftr-441	2192	6	a	a	DET
ftr-441	2192	7	problem	problem	NOUN
ftr-441	2192	8	to	to	ADP
ftr-441	2192	9	the	the	DET
ftr-441	2192	10	fisc	fisc	NOUN
ftr-441	2192	11	to	to	ADP
ftr-441	2192	12	the	the	DET
ftr-441	2192	13	extent	extent	NOUN
ftr-441	2192	14	taxpayers	taxpayer	NOUN
ftr-441	2192	15	with	with	ADP
ftr-441	2192	16	significantly	significantly	ADV
ftr-441	2192	17	different	different	ADJ
ftr-441	2192	18	tax	tax	NOUN
ftr-441	2192	19	profiles	profile	NOUN
ftr-441	2192	20	are	be	AUX
ftr-441	2192	21	willing	willing	ADJ
ftr-441	2192	22	and	and	CCONJ
ftr-441	2192	23	able	able	ADJ
ftr-441	2192	24	to	to	PART
ftr-441	2192	25	join	join	VERB
ftr-441	2192	26	together	together	ADV
ftr-441	2192	27	in	in	ADP
ftr-441	2192	28	an	an	DET
ftr-441	2192	29	spbf	spbf	NOUN
ftr-441	2192	30	.	.	PUNCT
ftr-441	2193	1	if	if	SCONJ
ftr-441	2193	2	the	the	DET
ftr-441	2193	3	spbf	spbf	ADJ
ftr-441	2193	4	qualification	qualification	NOUN
ftr-441	2193	5	rules	rule	NOUN
ftr-441	2193	6	are	be	AUX
ftr-441	2193	7	sufficiently	sufficiently	ADV
ftr-441	2193	8	stringent	stringent	ADJ
ftr-441	2193	9	generally	generally	ADV
ftr-441	2193	10	to	to	PART
ftr-441	2193	11	prevent	prevent	VERB
ftr-441	2193	12	that	that	DET
ftr-441	2193	13	phenomenon	phenomenon	NOUN
ftr-441	2193	14	,	,	PUNCT
ftr-441	2193	15	the	the	DET
ftr-441	2193	16	benefits	benefit	NOUN
ftr-441	2193	17	of	of	ADP
ftr-441	2193	18	the	the	DET
ftr-441	2193	19	simplicity	simplicity	NOUN
ftr-441	2193	20	of	of	ADP
ftr-441	2193	21	the	the	DET
ftr-441	2193	22	spbf	spbf	ADJ
ftr-441	2193	23	system	system	NOUN
ftr-441	2193	24	outweigh	outweigh	VERB
ftr-441	2193	25	the	the	DET
ftr-441	2193	26	cost	cost	NOUN
ftr-441	2193	27	of	of	ADP
ftr-441	2193	28	an	an	DET
ftr-441	2193	29	occasional	occasional	ADJ
ftr-441	2193	30	abuse	abuse	NOUN
ftr-441	2193	31	.	.	PUNCT
ftr-441	2194	1	in	in	ADP
ftr-441	2194	2	summary	summary	NOUN
ftr-441	2194	3	,	,	PUNCT
ftr-441	2194	4	the	the	DET
ftr-441	2194	5	spbf	spbf	ADJ
ftr-441	2194	6	system	system	NOUN
ftr-441	2194	7	does	do	AUX
ftr-441	2194	8	not	not	PART
ftr-441	2194	9	provide	provide	VERB
ftr-441	2194	10	for	for	ADP
ftr-441	2194	11	inside	inside	ADJ
ftr-441	2194	12	basis	basis	NOUN
ftr-441	2194	13	adjustments	adjustment	NOUN
ftr-441	2194	14	in	in	ADP
ftr-441	2194	15	the	the	DET
ftr-441	2194	16	case	case	NOUN
ftr-441	2194	17	of	of	ADP
ftr-441	2194	18	transfers	transfer	NOUN
ftr-441	2194	19	of	of	ADP
ftr-441	2194	20	spbf	spbf	ADJ
ftr-441	2194	21	interests	interest	NOUN
ftr-441	2194	22	or	or	CCONJ
ftr-441	2194	23	distributions	distribution	NOUN
ftr-441	2194	24	by	by	ADP
ftr-441	2194	25	an	an	DET
ftr-441	2194	26	spbf	spbf	NOUN
ftr-441	2194	27	.	.	PUNCT
ftr-441	2195	1	6	6	X
ftr-441	2195	2	.	.	X
ftr-441	2195	3	conversions	conversion	NOUN
ftr-441	2195	4	/	/	SYM
ftr-441	2195	5	reorganizations	reorganization	NOUN
ftr-441	2195	6	of	of	ADP
ftr-441	2195	7	firms	firm	NOUN
ftr-441	2195	8	from	from	ADP
ftr-441	2195	9	one	one	NUM
ftr-441	2195	10	system	system	NOUN
ftr-441	2195	11	to	to	ADP
ftr-441	2195	12	another.-the	another.-the	DET
ftr-441	2195	13	proposals	proposal	NOUN
ftr-441	2195	14	described	describe	VERB
ftr-441	2195	15	in	in	ADP
ftr-441	2195	16	this	this	DET
ftr-441	2195	17	article	article	NOUN
ftr-441	2195	18	would	would	AUX
ftr-441	2195	19	tax	tax	VERB
ftr-441	2195	20	general	general	ADJ
ftr-441	2195	21	business	business	NOUN
ftr-441	2195	22	firms	firm	NOUN
ftr-441	2195	23	in	in	ADP
ftr-441	2195	24	three	three	NUM
ftr-441	2195	25	ways	way	NOUN
ftr-441	2195	26	.	.	PUNCT
ftr-441	2196	1	private	private	ADJ
ftr-441	2196	2	firms	firm	NOUN
ftr-441	2196	3	qualifying	qualify	VERB
ftr-441	2196	4	as	as	ADP
ftr-441	2196	5	spbfs	spbfs	NOUN
ftr-441	2196	6	would	would	AUX
ftr-441	2196	7	be	be	AUX
ftr-441	2196	8	taxed	tax	VERB
ftr-441	2196	9	at	at	ADP
ftr-441	2196	10	their	their	PRON
ftr-441	2196	11	election	election	NOUN
ftr-441	2196	12	under	under	ADP
ftr-441	2196	13	either	either	CCONJ
ftr-441	2196	14	the	the	DET
ftr-441	2196	15	spbf	spbf	ADJ
ftr-441	2196	16	system	system	NOUN
ftr-441	2196	17	or	or	CCONJ
ftr-441	2196	18	the	the	DET
ftr-441	2196	19	default	default	NOUN
ftr-441	2196	20	conduit	conduit	NOUN
ftr-441	2196	21	system	system	NOUN
ftr-441	2196	22	.	.	PUNCT
ftr-441	2197	1	all	all	DET
ftr-441	2197	2	other	other	ADJ
ftr-441	2197	3	private	private	ADJ
ftr-441	2197	4	firms	firm	NOUN
ftr-441	2197	5	would	would	AUX
ftr-441	2197	6	be	be	AUX
ftr-441	2197	7	subject	subject	ADJ
ftr-441	2197	8	to	to	ADP
ftr-441	2197	9	the	the	DET
ftr-441	2197	10	default	default	NOUN
ftr-441	2197	11	conduit	conduit	NOUN
ftr-441	2197	12	system	system	NOUN
ftr-441	2197	13	.	.	PUNCT
ftr-441	2198	1	finally	finally	ADV
ftr-441	2198	2	,	,	PUNCT
ftr-441	2198	3	public	public	ADJ
ftr-441	2198	4	firms	firm	NOUN
ftr-441	2198	5	would	would	AUX
ftr-441	2198	6	continue	continue	VERB
ftr-441	2198	7	to	to	PART
ftr-441	2198	8	be	be	AUX
ftr-441	2198	9	taxed	tax	VERB
ftr-441	2198	10	under	under	ADP
ftr-441	2198	11	subchapter	subchapter	NOUN
ftr-441	2198	12	c.	c.	NOUN
ftr-441	2199	1	this	this	DET
ftr-441	2199	2	section	section	NOUN
ftr-441	2199	3	sketches	sketch	VERB
ftr-441	2199	4	out	out	ADP
ftr-441	2199	5	some	some	DET
ftr-441	2199	6	preliminary	preliminary	ADJ
ftr-441	2199	7	considerations	consideration	NOUN
ftr-441	2199	8	in	in	ADP
ftr-441	2199	9	ascertaining	ascertain	VERB
ftr-441	2199	10	the	the	DET
ftr-441	2199	11	tax	tax	NOUN
ftr-441	2199	12	consequences	consequence	NOUN
ftr-441	2199	13	of	of	ADP
ftr-441	2199	14	a	a	DET
ftr-441	2199	15	firm	firm	NOUN
ftr-441	2199	16	moving	move	VERB
ftr-441	2199	17	from	from	ADP
ftr-441	2199	18	one	one	NUM
ftr-441	2199	19	system	system	NOUN
ftr-441	2199	20	to	to	ADP
ftr-441	2199	21	another	another	PRON
ftr-441	2199	22	.	.	PUNCT
ftr-441	2200	1	the	the	DET
ftr-441	2200	2	movement	movement	NOUN
ftr-441	2200	3	may	may	AUX
ftr-441	2200	4	occur	occur	VERB
ftr-441	2200	5	as	as	ADP
ftr-441	2200	6	a	a	DET
ftr-441	2200	7	result	result	NOUN
ftr-441	2200	8	of	of	ADP
ftr-441	2200	9	an	an	DET
ftr-441	2200	10	elective	elective	ADJ
ftr-441	2200	11	conversion	conversion	NOUN
ftr-441	2200	12	(	(	PUNCT
ftr-441	2200	13	for	for	ADP
ftr-441	2200	14	example	example	NOUN
ftr-441	2200	15	,	,	PUNCT
ftr-441	2200	16	an	an	DET
ftr-441	2200	17	spbf	spbf	NOUN
ftr-441	2200	18	electing	elect	VERB
ftr-441	2200	19	to	to	PART
ftr-441	2200	20	leave	leave	VERB
ftr-441	2200	21	the	the	DET
ftr-441	2200	22	spbf	spbf	ADJ
ftr-441	2200	23	system	system	NOUN
ftr-441	2200	24	and	and	CCONJ
ftr-441	2200	25	to	to	PART
ftr-441	2200	26	be	be	AUX
ftr-441	2200	27	taxed	tax	VERB
ftr-441	2200	28	under	under	ADP
ftr-441	2200	29	the	the	DET
ftr-441	2200	30	default	default	NOUN
ftr-441	2200	31	conduit	conduit	NOUN
ftr-441	2200	32	system	system	NOUN
ftr-441	2200	33	)	)	PUNCT
ftr-441	2200	34	or	or	CCONJ
ftr-441	2200	35	a	a	DET
ftr-441	2200	36	reorganization	reorganization	NOUN
ftr-441	2200	37	of	of	ADP
ftr-441	2200	38	some	some	DET
ftr-441	2200	39	sort	sort	NOUN
ftr-441	2200	40	(	(	PUNCT
ftr-441	2200	41	for	for	ADP
ftr-441	2200	42	example	example	NOUN
ftr-441	2200	43	,	,	PUNCT
ftr-441	2200	44	a	a	DET
ftr-441	2200	45	public	public	ADJ
ftr-441	2200	46	firm	firm	NOUN
ftr-441	2200	47	acquiring	acquire	VERB
ftr-441	2200	48	a	a	DET
ftr-441	2200	49	private	private	ADJ
ftr-441	2200	50	firm	firm	NOUN
ftr-441	2200	51	in	in	ADP
ftr-441	2200	52	a	a	DET
ftr-441	2200	53	transaction	transaction	NOUN
ftr-441	2200	54	qualifying	qualifying	NOUN
ftr-441	2200	55	as	as	ADP
ftr-441	2200	56	a	a	DET
ftr-441	2200	57	reorganization	reorganization	NOUN
ftr-441	2200	58	under	under	ADP
ftr-441	2200	59	current	current	ADJ
ftr-441	2200	60	law	law	NOUN
ftr-441	2200	61	)	)	PUNCT
ftr-441	2200	62	.	.	PUNCT
ftr-441	2201	1	a.	a.	PROPN
ftr-441	2201	2	private	private	ADJ
ftr-441	2201	3	firm	firm	NOUN
ftr-441	2201	4	(	(	PUNCT
ftr-441	2201	5	either	either	CCONJ
ftr-441	2201	6	spbf	spbf	NOUN
ftr-441	2201	7	or	or	CCONJ
ftr-441	2201	8	default	default	NOUN
ftr-441	2201	9	system	system	NOUN
ftr-441	2201	10	)	)	PUNCT
ftr-441	2201	11	to	to	ADP
ftr-441	2201	12	public	public	ADJ
ftr-441	2201	13	finn	finn	PROPN
ftr-441	2201	14	(	(	PUNCT
ftr-441	2201	15	subchapter	subchapter	NOUN
ftr-441	2201	16	c).-the	c).-the	DET
ftr-441	2201	17	movement	movement	NOUN
ftr-441	2201	18	from	from	ADP
ftr-441	2201	19	one	one	NUM
ftr-441	2201	20	of	of	ADP
ftr-441	2201	21	the	the	DET
ftr-441	2201	22	private	private	ADJ
ftr-441	2201	23	firm	firm	ADJ
ftr-441	2201	24	tax	tax	NOUN
ftr-441	2201	25	302	302	NUM
ftr-441	2201	26	.	.	PUNCT
ftr-441	2202	1	see	see	VERB
ftr-441	2202	2	regs	reg	NOUN
ftr-441	2202	3	.	.	PUNCT
ftr-441	2203	1	§	§	PROPN
ftr-441	2203	2	1.701	1.701	NUM
ftr-441	2203	3	-	-	NUM
ftr-441	2203	4	2(d	2(d	NUM
ftr-441	2203	5	)	)	PUNCT
ftr-441	2203	6	,	,	PUNCT
ftr-441	2203	7	ex	ex	X
ftr-441	2203	8	.	.	PUNCT
ftr-441	2203	9	(	(	PUNCT
ftr-441	2203	10	8)	8)	NUM
ftr-441	2203	11	and	and	CCONJ
ftr-441	2203	12	(	(	PUNCT
ftr-441	2203	13	9	9	NUM
ftr-441	2203	14	)	)	PUNCT
ftr-441	2203	15	(	(	PUNCT
ftr-441	2203	16	describing	describe	VERB
ftr-441	2203	17	manipulative	manipulative	ADJ
ftr-441	2203	18	possibilities	possibility	NOUN
ftr-441	2203	19	under	under	ADP
ftr-441	2203	20	current	current	ADJ
ftr-441	2203	21	subchapter	subchapter	NOUN
ftr-441	2203	22	k	k	NOUN
ftr-441	2204	1	if	if	SCONJ
ftr-441	2204	2	no	no	DET
ftr-441	2204	3	§	§	PROPN
ftr-441	2204	4	754	754	NUM
ftr-441	2204	5	election	election	NOUN
ftr-441	2204	6	is	be	AUX
ftr-441	2204	7	in	in	ADP
ftr-441	2204	8	effect	effect	NOUN
ftr-441	2204	9	)	)	PUNCT
ftr-441	2204	10	.	.	PUNCT
ftr-441	2205	1	the	the	DET
ftr-441	2205	2	acm	acm	PROPN
ftr-441	2205	3	partnership	partnership	NOUN
ftr-441	2205	4	transaction	transaction	NOUN
ftr-441	2205	5	also	also	ADV
ftr-441	2205	6	would	would	AUX
ftr-441	2205	7	not	not	PART
ftr-441	2205	8	have	have	AUX
ftr-441	2205	9	worked	work	VERB
ftr-441	2205	10	had	have	AUX
ftr-441	2205	11	there	there	PRON
ftr-441	2205	12	been	be	AUX
ftr-441	2205	13	a	a	DET
ftr-441	2205	14	§	§	ADJ
ftr-441	2205	15	754	754	NUM
ftr-441	2205	16	election	election	NOUN
ftr-441	2205	17	in	in	ADP
ftr-441	2205	18	effect	effect	NOUN
ftr-441	2205	19	.	.	PUNCT
ftr-441	2206	1	see	see	VERB
ftr-441	2206	2	supra	supra	PROPN
ftr-441	2206	3	note	note	PROPN
ftr-441	2206	4	88	88	NUM
ftr-441	2206	5	.	.	PUNCT
ftr-441	2207	1	strategic	strategic	ADJ
ftr-441	2207	2	planning	planning	NOUN
ftr-441	2207	3	may	may	AUX
ftr-441	2207	4	help	help	VERB
ftr-441	2207	5	to	to	PART
ftr-441	2207	6	prolong	prolong	VERB
ftr-441	2207	7	the	the	DET
ftr-441	2207	8	benefit	benefit	NOUN
ftr-441	2207	9	.	.	PUNCT
ftr-441	2208	1	cf	cf	NOUN
ftr-441	2208	2	.	.	PUNCT
ftr-441	2209	1	louis	louis	PROPN
ftr-441	2209	2	s.	s.	PROPN
ftr-441	2209	3	freeman	freeman	PROPN
ftr-441	2209	4	&	&	CCONJ
ftr-441	2209	5	thomas	thomas	PROPN
ftr-441	2209	6	m.	m.	PROPN
ftr-441	2209	7	stephens	stephens	PROPN
ftr-441	2209	8	,	,	PUNCT
ftr-441	2209	9	using	use	VERB
ftr-441	2209	10	a	a	DET
ftr-441	2209	11	partnership	partnership	NOUN
ftr-441	2209	12	when	when	SCONJ
ftr-441	2209	13	a	a	DET
ftr-441	2209	14	corporation	corporation	NOUN
ftr-441	2209	15	wo	will	AUX
ftr-441	2209	16	n't	not	PART
ftr-441	2209	17	do	do	VERB
ftr-441	2209	18	:	:	PUNCT
ftr-441	2209	19	the	the	DET
ftr-441	2209	20	strategic	strategic	ADJ
ftr-441	2209	21	use	use	NOUN
ftr-441	2209	22	and	and	CCONJ
ftr-441	2209	23	effects	effect	NOUN
ftr-441	2209	24	of	of	ADP
ftr-441	2209	25	partnerships	partnership	NOUN
ftr-441	2209	26	to	to	PART
ftr-441	2209	27	conduct	conduct	VERB
ftr-441	2209	28	joint	joint	ADJ
ftr-441	2209	29	ventures	venture	NOUN
ftr-441	2209	30	and	and	CCONJ
ftr-441	2209	31	other	other	ADJ
ftr-441	2209	32	major	major	ADJ
ftr-441	2209	33	corporate	corporate	ADJ
ftr-441	2209	34	business	business	NOUN
ftr-441	2209	35	activities	activity	NOUN
ftr-441	2209	36	,	,	PUNCT
ftr-441	2209	37	68	68	NUM
ftr-441	2209	38	taxes	taxis	NOUN
ftr-441	2209	39	962	962	NUM
ftr-441	2209	40	,	,	PUNCT
ftr-441	2209	41	995	995	NUM
ftr-441	2209	42	(	(	PUNCT
ftr-441	2209	43	1990	1990	NUM
ftr-441	2209	44	)	)	PUNCT
ftr-441	2209	45	.	.	PUNCT
ftr-441	2210	1	finally	finally	ADV
ftr-441	2210	2	,	,	PUNCT
ftr-441	2210	3	imprecision	imprecision	NOUN
ftr-441	2210	4	in	in	ADP
ftr-441	2210	5	the	the	DET
ftr-441	2210	6	§	§	ADJ
ftr-441	2210	7	755	755	NUM
ftr-441	2210	8	basis	basis	NOUN
ftr-441	2210	9	allocation	allocation	NOUN
ftr-441	2210	10	rules	rule	NOUN
ftr-441	2210	11	creates	create	VERB
ftr-441	2210	12	planning	plan	VERB
ftr-441	2210	13	opportunities	opportunity	NOUN
ftr-441	2210	14	.	.	PUNCT
ftr-441	2211	1	see	see	VERB
ftr-441	2211	2	andrews	andrews	PROPN
ftr-441	2211	3	,	,	PUNCT
ftr-441	2211	4	supra	supra	PROPN
ftr-441	2211	5	note	note	PROPN
ftr-441	2211	6	67	67	NUM
ftr-441	2211	7	,	,	PUNCT
ftr-441	2211	8	at	at	ADP
ftr-441	2211	9	25	25	NUM
ftr-441	2211	10	-	-	SYM
ftr-441	2211	11	37	37	NUM
ftr-441	2211	12	.	.	PUNCT
ftr-441	2212	1	[	[	X
ftr-441	2212	2	vol	vol	NOUN
ftr-441	2212	3	4:3	4:3	NUM
ftr-441	2212	4	the	the	DET
ftr-441	2212	5	future	future	ADJ
ftr-441	2212	6	taxation	taxation	NOUN
ftr-441	2212	7	of	of	ADP
ftr-441	2212	8	private	private	ADJ
ftr-441	2212	9	business	business	NOUN
ftr-441	2212	10	firms	firm	NOUN
ftr-441	2212	11	systems	system	NOUN
ftr-441	2212	12	to	to	PART
ftr-441	2212	13	subchapter	subchapter	NOUN
ftr-441	2212	14	c	c	NOUN
ftr-441	2212	15	involves	involve	VERB
ftr-441	2212	16	a	a	DET
ftr-441	2212	17	change	change	NOUN
ftr-441	2212	18	from	from	ADP
ftr-441	2212	19	a	a	DET
ftr-441	2212	20	conduit	conduit	NOUN
ftr-441	2212	21	tax	tax	NOUN
ftr-441	2212	22	system	system	NOUN
ftr-441	2212	23	to	to	ADP
ftr-441	2212	24	a	a	DET
ftr-441	2212	25	double	double	ADJ
ftr-441	2212	26	tax	tax	NOUN
ftr-441	2212	27	system	system	NOUN
ftr-441	2212	28	.	.	PUNCT
ftr-441	2213	1	as	as	ADP
ftr-441	2213	2	such	such	ADJ
ftr-441	2213	3	,	,	PUNCT
ftr-441	2213	4	this	this	DET
ftr-441	2213	5	type	type	NOUN
ftr-441	2213	6	of	of	ADP
ftr-441	2213	7	transaction	transaction	NOUN
ftr-441	2213	8	would	would	AUX
ftr-441	2213	9	seem	seem	VERB
ftr-441	2213	10	to	to	PART
ftr-441	2213	11	be	be	AUX
ftr-441	2213	12	a	a	DET
ftr-441	2213	13	good	good	ADJ
ftr-441	2213	14	candidate	candidate	NOUN
ftr-441	2213	15	for	for	ADP
ftr-441	2213	16	liberal	liberal	ADJ
ftr-441	2213	17	tax	tax	NOUN
ftr-441	2213	18	-	-	PUNCT
ftr-441	2213	19	free	free	ADJ
ftr-441	2213	20	treatment	treatment	NOUN
ftr-441	2213	21	.	.	PUNCT
ftr-441	2214	1	current	current	ADJ
ftr-441	2214	2	law	law	NOUN
ftr-441	2214	3	generally	generally	ADV
ftr-441	2214	4	achieves	achieve	VERB
ftr-441	2214	5	this	this	DET
ftr-441	2214	6	result	result	NOUN
ftr-441	2214	7	.	.	PUNCT
ftr-441	2215	1	for	for	ADP
ftr-441	2215	2	example	example	NOUN
ftr-441	2215	3	,	,	PUNCT
ftr-441	2215	4	there	there	PRON
ftr-441	2215	5	are	be	VERB
ftr-441	2215	6	no	no	DET
ftr-441	2215	7	tax	tax	NOUN
ftr-441	2215	8	consequences	consequence	NOUN
ftr-441	2215	9	if	if	SCONJ
ftr-441	2215	10	a	a	DET
ftr-441	2215	11	private	private	ADJ
ftr-441	2215	12	c	c	NOUN
ftr-441	2215	13	or	or	CCONJ
ftr-441	2215	14	s	s	PROPN
ftr-441	2215	15	corporation	corporation	NOUN
ftr-441	2215	16	goes	go	VERB
ftr-441	2215	17	public	public	ADJ
ftr-441	2215	18	;	;	PUNCT
ftr-441	2215	19	in	in	ADP
ftr-441	2215	20	the	the	DET
ftr-441	2215	21	latter	latter	ADJ
ftr-441	2215	22	case	case	NOUN
ftr-441	2215	23	,	,	PUNCT
ftr-441	2215	24	the	the	DET
ftr-441	2215	25	corporation	corporation	NOUN
ftr-441	2215	26	simply	simply	ADV
ftr-441	2215	27	loses	lose	VERB
ftr-441	2215	28	its	its	PRON
ftr-441	2215	29	s	s	PART
ftr-441	2215	30	eligibility	eligibility	NOUN
ftr-441	2215	31	and	and	CCONJ
ftr-441	2215	32	is	be	AUX
ftr-441	2215	33	thereafter	thereafter	ADV
ftr-441	2215	34	taxed	tax	VERB
ftr-441	2215	35	under	under	ADP
ftr-441	2215	36	subchapter	subchapter	NOUN
ftr-441	2215	37	c.	c.	NOUN
ftr-441	2215	38	in	in	ADP
ftr-441	2215	39	addition	addition	NOUN
ftr-441	2215	40	,	,	PUNCT
ftr-441	2215	41	both	both	PRON
ftr-441	2215	42	a	a	DET
ftr-441	2215	43	private	private	ADJ
ftr-441	2215	44	c	c	NOUN
ftr-441	2215	45	and	and	CCONJ
ftr-441	2215	46	s	s	PROPN
ftr-441	2215	47	corporation	corporation	NOUN
ftr-441	2215	48	may	may	AUX
ftr-441	2215	49	be	be	AUX
ftr-441	2215	50	acquired	acquire	VERB
ftr-441	2215	51	by	by	ADP
ftr-441	2215	52	a	a	DET
ftr-441	2215	53	public	public	ADJ
ftr-441	2215	54	corporation	corporation	NOUN
ftr-441	2215	55	in	in	ADP
ftr-441	2215	56	a	a	DET
ftr-441	2215	57	taxfree	taxfree	NOUN
ftr-441	2215	58	reorganization	reorganization	NOUN
ftr-441	2215	59	.	.	PUNCT
ftr-441	2216	1	finns	finns	PROPN
ftr-441	2216	2	taxed	tax	VERB
ftr-441	2216	3	under	under	ADP
ftr-441	2216	4	subchapter	subchapter	NOUN
ftr-441	2216	5	k	k	PROPN
ftr-441	2216	6	can	can	AUX
ftr-441	2216	7	not	not	PART
ftr-441	2216	8	convert	convert	VERB
ftr-441	2216	9	to	to	ADP
ftr-441	2216	10	public	public	PROPN
ftr-441	2216	11	c	c	X
ftr-441	2216	12	status	status	NOUN
ftr-441	2216	13	quite	quite	ADV
ftr-441	2216	14	as	as	ADV
ftr-441	2216	15	easily	easily	ADV
ftr-441	2216	16	as	as	ADP
ftr-441	2216	17	private	private	ADJ
ftr-441	2216	18	corporations	corporation	NOUN
ftr-441	2216	19	,	,	PUNCT
ftr-441	2216	20	and	and	CCONJ
ftr-441	2216	21	can	can	AUX
ftr-441	2216	22	not	not	PART
ftr-441	2216	23	reorganize	reorganize	VERB
ftr-441	2216	24	directly	directly	ADV
ftr-441	2216	25	with	with	ADP
ftr-441	2216	26	public	public	ADJ
ftr-441	2216	27	c	c	NOUN
ftr-441	2216	28	corporations	corporation	NOUN
ftr-441	2216	29	,	,	PUNCT
ftr-441	2216	30	but	but	CCONJ
ftr-441	2216	31	they	they	PRON
ftr-441	2216	32	can	can	AUX
ftr-441	2216	33	accomplish	accomplish	VERB
ftr-441	2216	34	the	the	DET
ftr-441	2216	35	same	same	ADJ
ftr-441	2216	36	general	general	ADJ
ftr-441	2216	37	results	result	NOUN
ftr-441	2216	38	with	with	ADP
ftr-441	2216	39	adequate	adequate	ADJ
ftr-441	2216	40	advance	advance	NOUN
ftr-441	2216	41	planning	planning	NOUN
ftr-441	2216	42	.	.	PUNCT
ftr-441	2217	1	for	for	ADP
ftr-441	2217	2	example	example	NOUN
ftr-441	2217	3	,	,	PUNCT
ftr-441	2217	4	the	the	DET
ftr-441	2217	5	irs	irs	PROPN
ftr-441	2217	6	generally	generally	ADV
ftr-441	2217	7	respects	respect	VERB
ftr-441	2217	8	the	the	DET
ftr-441	2217	9	form	form	NOUN
ftr-441	2217	10	chosen	choose	VERB
ftr-441	2217	11	by	by	ADP
ftr-441	2217	12	the	the	DET
ftr-441	2217	13	taxpayer	taxpayer	NOUN
ftr-441	2217	14	for	for	ADP
ftr-441	2217	15	incorporating	incorporate	VERB
ftr-441	2217	16	a	a	DET
ftr-441	2217	17	partnership	partnership	NOUN
ftr-441	2217	18	,	,	PUNCT
ftr-441	2217	19	with	with	ADP
ftr-441	2217	20	tax	tax	NOUN
ftr-441	2217	21	-	-	PUNCT
ftr-441	2217	22	free	free	ADJ
ftr-441	2217	23	treatment	treatment	NOUN
ftr-441	2217	24	being	be	AUX
ftr-441	2217	25	the	the	DET
ftr-441	2217	26	general	general	ADJ
ftr-441	2217	27	consequence	consequence	NOUN
ftr-441	2217	28	,	,	PUNCT
ftr-441	2217	29	although	although	SCONJ
ftr-441	2217	30	the	the	DET
ftr-441	2217	31	specific	specific	ADJ
ftr-441	2217	32	tax	tax	NOUN
ftr-441	2217	33	results	result	NOUN
ftr-441	2217	34	vary	vary	VERB
ftr-441	2217	35	slightly	slightly	ADV
ftr-441	2217	36	among	among	ADP
ftr-441	2217	37	the	the	DET
ftr-441	2217	38	techniques.0	techniques.0	PROPN
ftr-441	2217	39	3	3	NUM
ftr-441	2217	40	once	once	ADV
ftr-441	2217	41	incorporated	incorporate	VERB
ftr-441	2217	42	,	,	PUNCT
ftr-441	2217	43	the	the	DET
ftr-441	2217	44	firm	firm	NOUN
ftr-441	2217	45	may	may	AUX
ftr-441	2217	46	go	go	VERB
ftr-441	2217	47	public	public	ADJ
ftr-441	2217	48	or	or	CCONJ
ftr-441	2217	49	,	,	PUNCT
ftr-441	2217	50	with	with	ADP
ftr-441	2217	51	sufficient	sufficient	ADJ
ftr-441	2217	52	delay	delay	NOUN
ftr-441	2217	53	,	,	PUNCT
ftr-441	2217	54	the	the	DET
ftr-441	2217	55	former	former	ADJ
ftr-441	2217	56	partnership	partnership	NOUN
ftr-441	2217	57	may	may	AUX
ftr-441	2217	58	then	then	ADV
ftr-441	2217	59	participate	participate	VERB
ftr-441	2217	60	in	in	ADP
ftr-441	2217	61	a	a	DET
ftr-441	2217	62	tax	tax	NOUN
ftr-441	2217	63	-	-	PUNCT
ftr-441	2217	64	free	free	ADJ
ftr-441	2217	65	reorganization	reorganization	NOUN
ftr-441	2217	66	with	with	ADP
ftr-441	2217	67	a	a	DET
ftr-441	2217	68	subchapter	subchapter	NOUN
ftr-441	2217	69	c	c	NOUN
ftr-441	2217	70	corporation	corporation	NOUN
ftr-441	2217	71	.	.	PUNCT
ftr-441	2218	1	certain	certain	ADJ
ftr-441	2218	2	publicly	publicly	ADV
ftr-441	2218	3	traded	trade	VERB
ftr-441	2218	4	partnerships	partnership	NOUN
ftr-441	2218	5	are	be	AUX
ftr-441	2218	6	also	also	ADV
ftr-441	2218	7	automatically	automatically	ADV
ftr-441	2218	8	treated	treat	VERB
ftr-441	2218	9	as	as	ADP
ftr-441	2218	10	corporations	corporation	NOUN
ftr-441	2218	11	for	for	ADP
ftr-441	2218	12	tax	tax	NOUN
ftr-441	2218	13	purposes	purpose	NOUN
ftr-441	2218	14	and	and	CCONJ
ftr-441	2218	15	taxed	tax	VERB
ftr-441	2218	16	under	under	ADP
ftr-441	2218	17	subchapter	subchapter	NOUN
ftr-441	2218	18	c.30	c.30	PROPN
ftr-441	2218	19	4	4	NUM
ftr-441	2218	20	while	while	SCONJ
ftr-441	2218	21	the	the	DET
ftr-441	2218	22	substantive	substantive	ADJ
ftr-441	2218	23	outcomes	outcome	NOUN
ftr-441	2218	24	of	of	ADP
ftr-441	2218	25	firms	firm	NOUN
ftr-441	2218	26	moving	move	VERB
ftr-441	2218	27	from	from	ADP
ftr-441	2218	28	private	private	ADJ
ftr-441	2218	29	c	c	NOUN
ftr-441	2218	30	,	,	PUNCT
ftr-441	2218	31	subchapter	subchapter	NOUN
ftr-441	2218	32	k	k	NOUN
ftr-441	2218	33	,	,	PUNCT
ftr-441	2218	34	or	or	CCONJ
ftr-441	2218	35	subchapter	subchapter	NOUN
ftr-441	2218	36	s	s	PART
ftr-441	2218	37	status	status	NOUN
ftr-441	2218	38	to	to	ADP
ftr-441	2218	39	public	public	PROPN
ftr-441	2218	40	c	c	PROPN
ftr-441	2218	41	status	status	NOUN
ftr-441	2218	42	are	be	AUX
ftr-441	2218	43	therefore	therefore	ADV
ftr-441	2218	44	alike	alike	ADV
ftr-441	2218	45	,	,	PUNCT
ftr-441	2218	46	the	the	DET
ftr-441	2218	47	manner	manner	NOUN
ftr-441	2218	48	of	of	ADP
ftr-441	2218	49	achieving	achieve	VERB
ftr-441	2218	50	those	those	DET
ftr-441	2218	51	results	result	NOUN
ftr-441	2218	52	under	under	ADP
ftr-441	2218	53	current	current	ADJ
ftr-441	2218	54	law	law	NOUN
ftr-441	2218	55	are	be	AUX
ftr-441	2218	56	different	different	ADJ
ftr-441	2218	57	.	.	PUNCT
ftr-441	2219	1	there	there	PRON
ftr-441	2219	2	does	do	AUX
ftr-441	2219	3	not	not	PART
ftr-441	2219	4	seem	seem	VERB
ftr-441	2219	5	to	to	PART
ftr-441	2219	6	be	be	AUX
ftr-441	2219	7	any	any	DET
ftr-441	2219	8	good	good	ADJ
ftr-441	2219	9	policy	policy	NOUN
ftr-441	2219	10	reason	reason	NOUN
ftr-441	2219	11	for	for	ADP
ftr-441	2219	12	preserving	preserve	VERB
ftr-441	2219	13	these	these	DET
ftr-441	2219	14	differences	difference	NOUN
ftr-441	2219	15	,	,	PUNCT
ftr-441	2219	16	with	with	ADP
ftr-441	2219	17	their	their	PRON
ftr-441	2219	18	accompanying	accompany	VERB
ftr-441	2219	19	increase	increase	NOUN
ftr-441	2219	20	in	in	ADP
ftr-441	2219	21	planning	planning	NOUN
ftr-441	2219	22	and	and	CCONJ
ftr-441	2219	23	transaction	transaction	NOUN
ftr-441	2219	24	costs	cost	NOUN
ftr-441	2219	25	.	.	PUNCT
ftr-441	2220	1	hence	hence	ADV
ftr-441	2220	2	,	,	PUNCT
ftr-441	2220	3	this	this	DET
ftr-441	2220	4	article	article	NOUN
ftr-441	2220	5	proposes	propose	VERB
ftr-441	2220	6	generally	generally	ADV
ftr-441	2220	7	to	to	PART
ftr-441	2220	8	allow	allow	VERB
ftr-441	2220	9	movement	movement	NOUN
ftr-441	2220	10	of	of	ADP
ftr-441	2220	11	a	a	DET
ftr-441	2220	12	firm	firm	NOUN
ftr-441	2220	13	from	from	ADP
ftr-441	2220	14	the	the	DET
ftr-441	2220	15	spbf	spbf	NOUN
ftr-441	2220	16	or	or	CCONJ
ftr-441	2220	17	default	default	NOUN
ftr-441	2220	18	conduit	conduit	NOUN
ftr-441	2220	19	system	system	NOUN
ftr-441	2220	20	to	to	PART
ftr-441	2220	21	subchapter	subchapter	VERB
ftr-441	2220	22	c	c	PROPN
ftr-441	2220	23	to	to	PART
ftr-441	2220	24	be	be	AUX
ftr-441	2220	25	accomplished	accomplish	VERB
ftr-441	2220	26	in	in	ADP
ftr-441	2220	27	a	a	DET
ftr-441	2220	28	tax	tax	NOUN
ftr-441	2220	29	-	-	PUNCT
ftr-441	2220	30	free	free	ADJ
ftr-441	2220	31	manner	manner	NOUN
ftr-441	2220	32	,	,	PUNCT
ftr-441	2220	33	whether	whether	SCONJ
ftr-441	2220	34	the	the	DET
ftr-441	2220	35	transaction	transaction	NOUN
ftr-441	2220	36	is	be	AUX
ftr-441	2220	37	carried	carry	VERB
ftr-441	2220	38	out	out	ADP
ftr-441	2220	39	as	as	ADP
ftr-441	2220	40	a	a	DET
ftr-441	2220	41	conversion	conversion	NOUN
ftr-441	2220	42	or	or	CCONJ
ftr-441	2220	43	reorganization	reorganization	NOUN
ftr-441	2220	44	.	.	PUNCT
ftr-441	2221	1	thus	thus	ADV
ftr-441	2221	2	,	,	PUNCT
ftr-441	2221	3	for	for	ADP
ftr-441	2221	4	example	example	NOUN
ftr-441	2221	5	,	,	PUNCT
ftr-441	2221	6	if	if	SCONJ
ftr-441	2221	7	an	an	DET
ftr-441	2221	8	spbf	spbf	ADJ
ftr-441	2221	9	converts	convert	NOUN
ftr-441	2221	10	to	to	ADP
ftr-441	2221	11	public	public	ADJ
ftr-441	2221	12	c	c	NOUN
ftr-441	2221	13	status	status	NOUN
ftr-441	2221	14	or	or	CCONJ
ftr-441	2221	15	is	be	AUX
ftr-441	2221	16	acquired	acquire	VERB
ftr-441	2221	17	by	by	ADP
ftr-441	2221	18	a	a	DET
ftr-441	2221	19	public	public	ADJ
ftr-441	2221	20	c	c	NOUN
ftr-441	2221	21	corporation	corporation	NOUN
ftr-441	2221	22	in	in	ADP
ftr-441	2221	23	a	a	DET
ftr-441	2221	24	transaction	transaction	NOUN
ftr-441	2221	25	qualifying	qualifying	NOUN
ftr-441	2221	26	as	as	ADP
ftr-441	2221	27	a	a	DET
ftr-441	2221	28	reorganization	reorganization	NOUN
ftr-441	2221	29	,	,	PUNCT
ftr-441	2221	30	and	and	CCONJ
ftr-441	2221	31	in	in	ADP
ftr-441	2221	32	the	the	DET
ftr-441	2221	33	process	process	NOUN
ftr-441	2221	34	,	,	PUNCT
ftr-441	2221	35	the	the	DET
ftr-441	2221	36	spbf	spbf	ADJ
ftr-441	2221	37	liquidates	liquidate	NOUN
ftr-441	2221	38	,	,	PUNCT
ftr-441	2221	39	no	no	DET
ftr-441	2221	40	gain	gain	NOUN
ftr-441	2221	41	or	or	CCONJ
ftr-441	2221	42	loss	loss	NOUN
ftr-441	2221	43	should	should	AUX
ftr-441	2221	44	be	be	AUX
ftr-441	2221	45	recognized	recognize	VERB
ftr-441	2221	46	by	by	ADP
ftr-441	2221	47	the	the	DET
ftr-441	2221	48	spbf	spbf	NOUN
ftr-441	2221	49	or	or	CCONJ
ftr-441	2221	50	its	its	PRON
ftr-441	2221	51	owners	owner	NOUN
ftr-441	2221	52	in	in	ADP
ftr-441	2221	53	the	the	DET
ftr-441	2221	54	liquidation	liquidation	NOUN
ftr-441	2221	55	.	.	PUNCT
ftr-441	2222	1	303	303	NUM
ftr-441	2222	2	.	.	PUNCT
ftr-441	2223	1	under	under	ADP
ftr-441	2223	2	rev	rev	PROPN
ftr-441	2223	3	.	.	PUNCT
ftr-441	2223	4	rul	rul	NOUN
ftr-441	2223	5	.	.	PUNCT
ftr-441	2223	6	84	84	NUM
ftr-441	2223	7	-	-	SYM
ftr-441	2223	8	111	111	NUM
ftr-441	2223	9	,	,	PUNCT
ftr-441	2223	10	1984	1984	NUM
ftr-441	2223	11	-	-	SYM
ftr-441	2223	12	2	2	NUM
ftr-441	2223	13	c.b	c.b	PROPN
ftr-441	2223	14	.	.	PROPN
ftr-441	2223	15	88	88	NUM
ftr-441	2223	16	,	,	PUNCT
ftr-441	2223	17	if	if	SCONJ
ftr-441	2223	18	the	the	DET
ftr-441	2223	19	partnership	partnership	NOUN
ftr-441	2223	20	transfers	transfer	VERB
ftr-441	2223	21	its	its	PRON
ftr-441	2223	22	assets	asset	NOUN
ftr-441	2223	23	,	,	PUNCT
ftr-441	2223	24	subject	subject	ADJ
ftr-441	2223	25	to	to	ADP
ftr-441	2223	26	its	its	PRON
ftr-441	2223	27	liabilities	liability	NOUN
ftr-441	2223	28	,	,	PUNCT
ftr-441	2223	29	to	to	ADP
ftr-441	2223	30	a	a	DET
ftr-441	2223	31	new	new	ADJ
ftr-441	2223	32	corporation	corporation	NOUN
ftr-441	2223	33	and	and	CCONJ
ftr-441	2223	34	then	then	ADV
ftr-441	2223	35	liquidates	liquidate	VERB
ftr-441	2223	36	,	,	PUNCT
ftr-441	2223	37	the	the	DET
ftr-441	2223	38	transfer	transfer	NOUN
ftr-441	2223	39	to	to	ADP
ftr-441	2223	40	the	the	DET
ftr-441	2223	41	corporation	corporation	NOUN
ftr-441	2223	42	is	be	AUX
ftr-441	2223	43	governed	govern	VERB
ftr-441	2223	44	by	by	ADP
ftr-441	2223	45	§	§	PROPN
ftr-441	2223	46	351	351	NUM
ftr-441	2223	47	and	and	CCONJ
ftr-441	2223	48	the	the	DET
ftr-441	2223	49	liquidation	liquidation	NOUN
ftr-441	2223	50	of	of	ADP
ftr-441	2223	51	the	the	DET
ftr-441	2223	52	partnership	partnership	NOUN
ftr-441	2223	53	is	be	AUX
ftr-441	2223	54	governed	govern	VERB
ftr-441	2223	55	by	by	ADP
ftr-441	2223	56	§	§	PROPN
ftr-441	2223	57	731	731	NUM
ftr-441	2223	58	and	and	CCONJ
ftr-441	2223	59	§	§	PROPN
ftr-441	2223	60	732	732	NUM
ftr-441	2223	61	(	(	PUNCT
ftr-441	2223	62	taking	take	VERB
ftr-441	2223	63	into	into	ADP
ftr-441	2223	64	account	account	NOUN
ftr-441	2223	65	the	the	DET
ftr-441	2223	66	effects	effect	NOUN
ftr-441	2223	67	of	of	ADP
ftr-441	2223	68	§	§	PROPN
ftr-441	2223	69	752	752	NUM
ftr-441	2223	70	)	)	PUNCT
ftr-441	2223	71	.	.	PUNCT
ftr-441	2224	1	if	if	SCONJ
ftr-441	2224	2	it	it	PRON
ftr-441	2224	3	liquidates	liquidate	VERB
ftr-441	2224	4	,	,	PUNCT
ftr-441	2224	5	and	and	CCONJ
ftr-441	2224	6	then	then	ADV
ftr-441	2224	7	its	its	PRON
ftr-441	2224	8	partners	partner	NOUN
ftr-441	2224	9	transfer	transfer	VERB
ftr-441	2224	10	the	the	DET
ftr-441	2224	11	assets	asset	NOUN
ftr-441	2224	12	and	and	CCONJ
ftr-441	2224	13	liabilities	liability	NOUN
ftr-441	2224	14	to	to	ADP
ftr-441	2224	15	a	a	DET
ftr-441	2224	16	new	new	ADJ
ftr-441	2224	17	corporation	corporation	NOUN
ftr-441	2224	18	,	,	PUNCT
ftr-441	2224	19	the	the	DET
ftr-441	2224	20	liquidation	liquidation	NOUN
ftr-441	2224	21	is	be	AUX
ftr-441	2224	22	governed	govern	VERB
ftr-441	2224	23	by	by	ADP
ftr-441	2224	24	§	§	PROPN
ftr-441	2224	25	731	731	NUM
ftr-441	2224	26	and	and	CCONJ
ftr-441	2224	27	§	§	PROPN
ftr-441	2224	28	732	732	NUM
ftr-441	2224	29	(	(	PUNCT
ftr-441	2224	30	taking	take	VERB
ftr-441	2224	31	into	into	ADP
ftr-441	2224	32	account	account	NOUN
ftr-441	2224	33	the	the	DET
ftr-441	2224	34	effects	effect	NOUN
ftr-441	2224	35	of	of	ADP
ftr-441	2224	36	§	§	PROPN
ftr-441	2224	37	752	752	NUM
ftr-441	2224	38	)	)	PUNCT
ftr-441	2224	39	,	,	PUNCT
ftr-441	2224	40	and	and	CCONJ
ftr-441	2224	41	the	the	DET
ftr-441	2224	42	transfer	transfer	NOUN
ftr-441	2224	43	to	to	ADP
ftr-441	2224	44	the	the	DET
ftr-441	2224	45	corporation	corporation	NOUN
ftr-441	2224	46	is	be	AUX
ftr-441	2224	47	governed	govern	VERB
ftr-441	2224	48	by	by	ADP
ftr-441	2224	49	§	§	PROPN
ftr-441	2224	50	351	351	NUM
ftr-441	2224	51	.	.	PUNCT
ftr-441	2225	1	if	if	SCONJ
ftr-441	2225	2	the	the	DET
ftr-441	2225	3	partners	partner	NOUN
ftr-441	2225	4	transfer	transfer	VERB
ftr-441	2225	5	their	their	PRON
ftr-441	2225	6	partnership	partnership	NOUN
ftr-441	2225	7	interests	interest	NOUN
ftr-441	2225	8	to	to	ADP
ftr-441	2225	9	a	a	DET
ftr-441	2225	10	new	new	ADJ
ftr-441	2225	11	corporation	corporation	NOUN
ftr-441	2225	12	.	.	PUNCT
ftr-441	2226	1	which	which	PRON
ftr-441	2226	2	causes	cause	VERB
ftr-441	2226	3	the	the	DET
ftr-441	2226	4	partnership	partnership	NOUN
ftr-441	2226	5	to	to	PART
ftr-441	2226	6	terminate	terminate	VERB
ftr-441	2226	7	as	as	ADP
ftr-441	2226	8	a	a	DET
ftr-441	2226	9	matter	matter	NOUN
ftr-441	2226	10	of	of	ADP
ftr-441	2226	11	law	law	NOUN
ftr-441	2226	12	,	,	PUNCT
ftr-441	2226	13	the	the	DET
ftr-441	2226	14	transfer	transfer	NOUN
ftr-441	2226	15	is	be	AUX
ftr-441	2226	16	governed	govern	VERB
ftr-441	2226	17	by	by	ADP
ftr-441	2226	18	§	§	PROPN
ftr-441	2226	19	351	351	NUM
ftr-441	2226	20	(	(	PUNCT
ftr-441	2226	21	taking	take	VERB
ftr-441	2226	22	into	into	ADP
ftr-441	2226	23	account	account	NOUN
ftr-441	2226	24	the	the	DET
ftr-441	2226	25	effects	effect	NOUN
ftr-441	2226	26	of	of	ADP
ftr-441	2226	27	§	§	PROPN
ftr-441	2226	28	752	752	NUM
ftr-441	2226	29	)	)	PUNCT
ftr-441	2226	30	,	,	PUNCT
ftr-441	2226	31	and	and	CCONJ
ftr-441	2226	32	the	the	DET
ftr-441	2226	33	liquidation	liquidation	NOUN
ftr-441	2226	34	is	be	AUX
ftr-441	2226	35	governed	govern	VERB
ftr-441	2226	36	by	by	ADP
ftr-441	2226	37	§	§	PROPN
ftr-441	2226	38	731	731	NUM
ftr-441	2226	39	and	and	CCONJ
ftr-441	2226	40	§	§	PROPN
ftr-441	2226	41	732	732	NUM
ftr-441	2226	42	.	.	PUNCT
ftr-441	2227	1	304	304	NUM
ftr-441	2227	2	.	.	PUNCT
ftr-441	2228	1	see	see	VERB
ftr-441	2228	2	irc	irc	PROPN
ftr-441	2228	3	§	§	PROPN
ftr-441	2228	4	7704(a	7704(a	PROPN
ftr-441	2228	5	)	)	PUNCT
ftr-441	2228	6	.	.	PUNCT
ftr-441	2229	1	19991	19991	NUM
ftr-441	2229	2	florida	florida	PROPN
ftr-441	2229	3	tax	tax	PROPN
ftr-441	2229	4	review	review	PROPN
ftr-441	2229	5	b.	b.	PROPN
ftr-441	2229	6	public	public	PROPN
ftr-441	2229	7	firm	firm	NOUN
ftr-441	2229	8	(	(	PUNCT
ftr-441	2229	9	subchapter	subchapter	NOUN
ftr-441	2229	10	c	c	NOUN
ftr-441	2229	11	)	)	PUNCT
ftr-441	2229	12	to	to	ADP
ftr-441	2229	13	private	private	ADJ
ftr-441	2229	14	firm	firm	NOUN
ftr-441	2229	15	(	(	PUNCT
ftr-441	2229	16	either	either	CCONJ
ftr-441	2229	17	spbf	spbf	NOUN
ftr-441	2229	18	or	or	CCONJ
ftr-441	2229	19	default	default	VERB
ftr-441	2229	20	system).-in	system).-in	NUM
ftr-441	2229	21	contrast	contrast	NOUN
ftr-441	2229	22	to	to	ADP
ftr-441	2229	23	a	a	DET
ftr-441	2229	24	private	private	ADJ
ftr-441	2229	25	-	-	PUNCT
ftr-441	2229	26	to	to	ADP
ftr-441	2229	27	-	-	PUNCT
ftr-441	2229	28	public	public	ADJ
ftr-441	2229	29	transaction	transaction	NOUN
ftr-441	2229	30	,	,	PUNCT
ftr-441	2229	31	a	a	DET
ftr-441	2229	32	public	public	ADJ
ftr-441	2229	33	-	-	PUNCT
ftr-441	2229	34	toprivate	toprivate	NOUN
ftr-441	2229	35	transaction	transaction	NOUN
ftr-441	2229	36	places	place	VERB
ftr-441	2229	37	the	the	DET
ftr-441	2229	38	integrity	integrity	NOUN
ftr-441	2229	39	of	of	ADP
ftr-441	2229	40	the	the	DET
ftr-441	2229	41	double	double	ADJ
ftr-441	2229	42	tax	tax	NOUN
ftr-441	2229	43	system	system	NOUN
ftr-441	2229	44	in	in	ADP
ftr-441	2229	45	jeopardy	jeopardy	NOUN
ftr-441	2229	46	because	because	SCONJ
ftr-441	2229	47	all	all	DET
ftr-441	2229	48	private	private	ADJ
ftr-441	2229	49	firms	firm	NOUN
ftr-441	2229	50	are	be	AUX
ftr-441	2229	51	taxed	tax	VERB
ftr-441	2229	52	under	under	ADP
ftr-441	2229	53	the	the	DET
ftr-441	2229	54	proposal	proposal	NOUN
ftr-441	2229	55	as	as	ADP
ftr-441	2229	56	conduits	conduit	NOUN
ftr-441	2229	57	.	.	PUNCT
ftr-441	2230	1	when	when	SCONJ
ftr-441	2230	2	the	the	DET
ftr-441	2230	3	situation	situation	NOUN
ftr-441	2230	4	arises	arise	VERB
ftr-441	2230	5	under	under	ADP
ftr-441	2230	6	current	current	ADJ
ftr-441	2230	7	law	law	NOUN
ftr-441	2230	8	,	,	PUNCT
ftr-441	2230	9	the	the	DET
ftr-441	2230	10	double	double	ADJ
ftr-441	2230	11	tax	tax	NOUN
ftr-441	2230	12	obligations	obligation	NOUN
ftr-441	2230	13	are	be	AUX
ftr-441	2230	14	generally	generally	ADV
ftr-441	2230	15	either	either	CCONJ
ftr-441	2230	16	triggered	trigger	VERB
ftr-441	2230	17	in	in	ADP
ftr-441	2230	18	the	the	DET
ftr-441	2230	19	transaction	transaction	NOUN
ftr-441	2230	20	or	or	CCONJ
ftr-441	2230	21	preserved	preserve	VERB
ftr-441	2230	22	.	.	PUNCT
ftr-441	2231	1	for	for	ADP
ftr-441	2231	2	example	example	NOUN
ftr-441	2231	3	,	,	PUNCT
ftr-441	2231	4	conversion	conversion	NOUN
ftr-441	2231	5	of	of	ADP
ftr-441	2231	6	a	a	DET
ftr-441	2231	7	corporation	corporation	NOUN
ftr-441	2231	8	into	into	ADP
ftr-441	2231	9	a	a	DET
ftr-441	2231	10	partnership	partnership	NOUN
ftr-441	2231	11	for	for	ADP
ftr-441	2231	12	tax	tax	NOUN
ftr-441	2231	13	purposes	purpose	NOUN
ftr-441	2231	14	is	be	AUX
ftr-441	2231	15	treated	treat	VERB
ftr-441	2231	16	as	as	ADP
ftr-441	2231	17	a	a	DET
ftr-441	2231	18	taxable	taxable	ADJ
ftr-441	2231	19	liquidation	liquidation	NOUN
ftr-441	2231	20	of	of	ADP
ftr-441	2231	21	the	the	DET
ftr-441	2231	22	former	former	ADJ
ftr-441	2231	23	.	.	PROPN
ftr-441	2231	24	5	5	NUM
ftr-441	2231	25	conversion	conversion	NOUN
ftr-441	2231	26	of	of	ADP
ftr-441	2231	27	a	a	DET
ftr-441	2231	28	c	c	NOUN
ftr-441	2231	29	corporation	corporation	NOUN
ftr-441	2231	30	into	into	ADP
ftr-441	2231	31	an	an	DET
ftr-441	2231	32	s	s	NOUN
ftr-441	2231	33	corporation	corporation	NOUN
ftr-441	2231	34	gives	give	VERB
ftr-441	2231	35	rise	rise	NOUN
ftr-441	2231	36	to	to	ADP
ftr-441	2231	37	the	the	DET
ftr-441	2231	38	potential	potential	ADJ
ftr-441	2231	39	applicability	applicability	NOUN
ftr-441	2231	40	of	of	ADP
ftr-441	2231	41	the	the	DET
ftr-441	2231	42	built	build	VERB
ftr-441	2231	43	-	-	PUNCT
ftr-441	2231	44	in	in	ADP
ftr-441	2231	45	gains	gain	NOUN
ftr-441	2231	46	and	and	CCONJ
ftr-441	2231	47	passive	passive	ADJ
ftr-441	2231	48	investment	investment	NOUN
ftr-441	2231	49	income	income	NOUN
ftr-441	2231	50	taxes	taxis	NOUN
ftr-441	2231	51	under	under	ADP
ftr-441	2231	52	subchapter	subchapter	NOUN
ftr-441	2231	53	s.3"6	s.3"6	NUM
ftr-441	2231	54	in	in	ADP
ftr-441	2231	55	general	general	ADJ
ftr-441	2231	56	,	,	PUNCT
ftr-441	2231	57	those	those	DET
ftr-441	2231	58	two	two	NUM
ftr-441	2231	59	provisions	provision	NOUN
ftr-441	2231	60	authorize	authorize	VERB
ftr-441	2231	61	the	the	DET
ftr-441	2231	62	subsequent	subsequent	ADJ
ftr-441	2231	63	taxation	taxation	NOUN
ftr-441	2231	64	of	of	ADP
ftr-441	2231	65	the	the	DET
ftr-441	2231	66	firm	firm	NOUN
ftr-441	2231	67	's	's	PART
ftr-441	2231	68	accumulated	accumulate	VERB
ftr-441	2231	69	subchapter	subchapter	NOUN
ftr-441	2231	70	c	c	NOUN
ftr-441	2231	71	earnings	earning	NOUN
ftr-441	2231	72	and	and	CCONJ
ftr-441	2231	73	profits	profit	NOUN
ftr-441	2231	74	and	and	CCONJ
ftr-441	2231	75	built	build	VERB
ftr-441	2231	76	-	-	PUNCT
ftr-441	2231	77	in	in	ADP
ftr-441	2231	78	subchapter	subchapter	NOUN
ftr-441	2231	79	c	c	NOUN
ftr-441	2231	80	gains	gain	NOUN
ftr-441	2231	81	in	in	ADP
ftr-441	2231	82	certain	certain	ADJ
ftr-441	2231	83	circumstances	circumstance	NOUN
ftr-441	2231	84	.	.	PUNCT
ftr-441	2232	1	the	the	DET
ftr-441	2232	2	built	build	VERB
ftr-441	2232	3	-	-	PUNCT
ftr-441	2232	4	in	in	ADP
ftr-441	2232	5	gains	gain	NOUN
ftr-441	2232	6	and	and	CCONJ
ftr-441	2232	7	passive	passive	ADJ
ftr-441	2232	8	investment	investment	NOUN
ftr-441	2232	9	income	income	NOUN
ftr-441	2232	10	provisions	provision	NOUN
ftr-441	2232	11	,	,	PUNCT
ftr-441	2232	12	however	however	ADV
ftr-441	2232	13	,	,	PUNCT
ftr-441	2232	14	offer	offer	VERB
ftr-441	2232	15	incomplete	incomplete	ADJ
ftr-441	2232	16	protection	protection	NOUN
ftr-441	2232	17	for	for	ADP
ftr-441	2232	18	the	the	DET
ftr-441	2232	19	double	double	ADJ
ftr-441	2232	20	tax	tax	NOUN
ftr-441	2232	21	system	system	NOUN
ftr-441	2232	22	.	.	PUNCT
ftr-441	2233	1	for	for	ADP
ftr-441	2233	2	example	example	NOUN
ftr-441	2233	3	,	,	PUNCT
ftr-441	2233	4	the	the	DET
ftr-441	2233	5	built	build	VERB
ftr-441	2233	6	-	-	PUNCT
ftr-441	2233	7	in	in	ADP
ftr-441	2233	8	gains	gain	NOUN
ftr-441	2233	9	tax	tax	NOUN
ftr-441	2233	10	applies	apply	VERB
ftr-441	2233	11	only	only	ADV
ftr-441	2233	12	when	when	SCONJ
ftr-441	2233	13	there	there	PRON
ftr-441	2233	14	is	be	VERB
ftr-441	2233	15	a	a	DET
ftr-441	2233	16	net	net	ADJ
ftr-441	2233	17	built	build	VERB
ftr-441	2233	18	-	-	PUNCT
ftr-441	2233	19	in	in	ADP
ftr-441	2233	20	gain	gain	NOUN
ftr-441	2233	21	in	in	ADP
ftr-441	2233	22	the	the	DET
ftr-441	2233	23	assets	asset	NOUN
ftr-441	2233	24	of	of	ADP
ftr-441	2233	25	the	the	DET
ftr-441	2233	26	corporation	corporation	NOUN
ftr-441	2233	27	at	at	ADP
ftr-441	2233	28	the	the	DET
ftr-441	2233	29	time	time	NOUN
ftr-441	2233	30	of	of	ADP
ftr-441	2233	31	the	the	DET
ftr-441	2233	32	conversion	conversion	NOUN
ftr-441	2233	33	.	.	PUNCT
ftr-441	2234	1	no	no	DET
ftr-441	2234	2	attention	attention	NOUN
ftr-441	2234	3	is	be	AUX
ftr-441	2234	4	paid	pay	VERB
ftr-441	2234	5	to	to	ADP
ftr-441	2234	6	the	the	DET
ftr-441	2234	7	likelihood	likelihood	NOUN
ftr-441	2234	8	of	of	ADP
ftr-441	2234	9	any	any	DET
ftr-441	2234	10	built	build	VERB
ftr-441	2234	11	-	-	PUNCT
ftr-441	2234	12	in	in	ADP
ftr-441	2234	13	gains	gain	NOUN
ftr-441	2234	14	or	or	CCONJ
ftr-441	2234	15	losses	loss	NOUN
ftr-441	2234	16	being	be	AUX
ftr-441	2234	17	recognized	recognize	VERB
ftr-441	2234	18	in	in	ADP
ftr-441	2234	19	the	the	DET
ftr-441	2234	20	future	future	NOUN
ftr-441	2234	21	,	,	PUNCT
ftr-441	2234	22	or	or	CCONJ
ftr-441	2234	23	to	to	ADP
ftr-441	2234	24	the	the	DET
ftr-441	2234	25	character	character	NOUN
ftr-441	2234	26	of	of	ADP
ftr-441	2234	27	such	such	ADJ
ftr-441	2234	28	gains	gain	NOUN
ftr-441	2234	29	and	and	CCONJ
ftr-441	2234	30	losses	loss	NOUN
ftr-441	2234	31	.	.	PUNCT
ftr-441	2235	1	and	and	CCONJ
ftr-441	2235	2	exposure	exposure	NOUN
ftr-441	2235	3	to	to	ADP
ftr-441	2235	4	the	the	DET
ftr-441	2235	5	tax	tax	NOUN
ftr-441	2235	6	is	be	AUX
ftr-441	2235	7	limited	limit	VERB
ftr-441	2235	8	to	to	ADP
ftr-441	2235	9	a	a	DET
ftr-441	2235	10	ten	ten	NUM
ftr-441	2235	11	-	-	PUNCT
ftr-441	2235	12	year	year	NOUN
ftr-441	2235	13	period	period	NOUN
ftr-441	2235	14	.	.	PUNCT
ftr-441	2236	1	the	the	DET
ftr-441	2236	2	passive	passive	ADJ
ftr-441	2236	3	investment	investment	NOUN
ftr-441	2236	4	income	income	NOUN
ftr-441	2236	5	provision	provision	NOUN
ftr-441	2236	6	merely	merely	ADV
ftr-441	2236	7	attempts	attempt	VERB
ftr-441	2236	8	in	in	ADP
ftr-441	2236	9	a	a	DET
ftr-441	2236	10	very	very	ADV
ftr-441	2236	11	rough	rough	ADJ
ftr-441	2236	12	way	way	NOUN
ftr-441	2236	13	to	to	PART
ftr-441	2236	14	limit	limit	VERB
ftr-441	2236	15	the	the	DET
ftr-441	2236	16	ability	ability	NOUN
ftr-441	2236	17	of	of	ADP
ftr-441	2236	18	a	a	DET
ftr-441	2236	19	firm	firm	NOUN
ftr-441	2236	20	to	to	PART
ftr-441	2236	21	delay	delay	VERB
ftr-441	2236	22	the	the	DET
ftr-441	2236	23	shareholder	shareholder	NOUN
ftr-441	2236	24	tax	tax	NOUN
ftr-441	2236	25	on	on	ADP
ftr-441	2236	26	subchapter	subchapter	NOUN
ftr-441	2236	27	c	c	NOUN
ftr-441	2236	28	distributions	distribution	NOUN
ftr-441	2236	29	.	.	PUNCT
ftr-441	2237	1	in	in	ADP
ftr-441	2237	2	addition	addition	NOUN
ftr-441	2237	3	to	to	ADP
ftr-441	2237	4	being	be	AUX
ftr-441	2237	5	incomplete	incomplete	ADJ
ftr-441	2237	6	,	,	PUNCT
ftr-441	2237	7	both	both	DET
ftr-441	2237	8	provisions	provision	NOUN
ftr-441	2237	9	also	also	ADV
ftr-441	2237	10	introduce	introduce	VERB
ftr-441	2237	11	undesirable	undesirable	ADJ
ftr-441	2237	12	complexity	complexity	NOUN
ftr-441	2237	13	into	into	ADP
ftr-441	2237	14	the	the	DET
ftr-441	2237	15	rule	rule	NOUN
ftr-441	2237	16	structure	structure	NOUN
ftr-441	2237	17	.	.	PUNCT
ftr-441	2238	1	a	a	DET
ftr-441	2238	2	public	public	NOUN
ftr-441	2238	3	-	-	PUNCT
ftr-441	2238	4	to	to	ADP
ftr-441	2238	5	-	-	PUNCT
ftr-441	2238	6	private	private	ADJ
ftr-441	2238	7	transaction	transaction	NOUN
ftr-441	2238	8	may	may	AUX
ftr-441	2238	9	be	be	AUX
ftr-441	2238	10	relatively	relatively	ADV
ftr-441	2238	11	infrequent	infrequent	ADJ
ftr-441	2238	12	but	but	CCONJ
ftr-441	2238	13	when	when	SCONJ
ftr-441	2238	14	it	it	PRON
ftr-441	2238	15	occurs	occur	VERB
ftr-441	2238	16	,	,	PUNCT
ftr-441	2238	17	it	it	PRON
ftr-441	2238	18	generally	generally	ADV
ftr-441	2238	19	represents	represent	VERB
ftr-441	2238	20	a	a	DET
ftr-441	2238	21	fundamental	fundamental	ADJ
ftr-441	2238	22	change	change	NOUN
ftr-441	2238	23	in	in	ADP
ftr-441	2238	24	the	the	DET
ftr-441	2238	25	nature	nature	NOUN
ftr-441	2238	26	of	of	ADP
ftr-441	2238	27	the	the	DET
ftr-441	2238	28	firm	firm	NOUN
ftr-441	2238	29	.	.	PUNCT
ftr-441	2239	1	currently	currently	ADV
ftr-441	2239	2	,	,	PUNCT
ftr-441	2239	3	the	the	DET
ftr-441	2239	4	tax	tax	NOUN
ftr-441	2239	5	system	system	NOUN
ftr-441	2239	6	treats	treat	VERB
ftr-441	2239	7	far	far	ADV
ftr-441	2239	8	less	less	ADV
ftr-441	2239	9	significant	significant	ADJ
ftr-441	2239	10	changes	change	NOUN
ftr-441	2239	11	as	as	ADP
ftr-441	2239	12	taxable	taxable	ADJ
ftr-441	2239	13	events.307	events.307	NOUN
ftr-441	2239	14	it	it	PRON
ftr-441	2239	15	therefore	therefore	ADV
ftr-441	2239	16	seems	seem	VERB
ftr-441	2239	17	appropriate	appropriate	ADJ
ftr-441	2239	18	to	to	PART
ftr-441	2239	19	treat	treat	VERB
ftr-441	2239	20	a	a	DET
ftr-441	2239	21	public	public	NOUN
ftr-441	2239	22	-	-	PUNCT
ftr-441	2239	23	to	to	ADP
ftr-441	2239	24	-	-	PUNCT
ftr-441	2239	25	private	private	ADJ
ftr-441	2239	26	transaction	transaction	NOUN
ftr-441	2239	27	as	as	ADP
ftr-441	2239	28	a	a	DET
ftr-441	2239	29	taxable	taxable	ADJ
ftr-441	2239	30	event	event	NOUN
ftr-441	2239	31	,	,	PUNCT
ftr-441	2239	32	thereby	thereby	ADV
ftr-441	2239	33	protecting	protect	VERB
ftr-441	2239	34	better	well	ADJ
ftr-441	2239	35	the	the	DET
ftr-441	2239	36	integrity	integrity	NOUN
ftr-441	2239	37	of	of	ADP
ftr-441	2239	38	the	the	DET
ftr-441	2239	39	double	double	ADJ
ftr-441	2239	40	tax	tax	NOUN
ftr-441	2239	41	system	system	NOUN
ftr-441	2239	42	and	and	CCONJ
ftr-441	2239	43	avoiding	avoid	VERB
ftr-441	2239	44	the	the	DET
ftr-441	2239	45	complexity	complexity	NOUN
ftr-441	2239	46	of	of	ADP
ftr-441	2239	47	provisions	provision	NOUN
ftr-441	2239	48	such	such	ADJ
ftr-441	2239	49	as	as	ADP
ftr-441	2239	50	those	those	PRON
ftr-441	2239	51	found	find	VERB
ftr-441	2239	52	in	in	ADP
ftr-441	2239	53	subchapter	subchapter	NOUN
ftr-441	2239	54	s.	s.	PROPN
ftr-441	2239	55	this	this	DET
ftr-441	2239	56	rule	rule	NOUN
ftr-441	2239	57	would	would	AUX
ftr-441	2239	58	be	be	AUX
ftr-441	2239	59	similar	similar	ADJ
ftr-441	2239	60	to	to	ADP
ftr-441	2239	61	current	current	ADJ
ftr-441	2239	62	proposals	proposal	NOUN
ftr-441	2239	63	to	to	PART
ftr-441	2239	64	treat	treat	VERB
ftr-441	2239	65	305	305	NUM
ftr-441	2239	66	.	.	PUNCT
ftr-441	2240	1	proposed	propose	VERB
ftr-441	2240	2	amendments	amendment	NOUN
ftr-441	2240	3	to	to	ADP
ftr-441	2240	4	the	the	DET
ftr-441	2240	5	check	check	VERB
ftr-441	2240	6	-	-	PUNCT
ftr-441	2240	7	the	the	DET
ftr-441	2240	8	-	-	PUNCT
ftr-441	2240	9	box	box	NOUN
ftr-441	2240	10	regulations	regulation	NOUN
ftr-441	2240	11	adopt	adopt	VERB
ftr-441	2240	12	this	this	DET
ftr-441	2240	13	approach	approach	NOUN
ftr-441	2240	14	if	if	SCONJ
ftr-441	2240	15	the	the	DET
ftr-441	2240	16	change	change	NOUN
ftr-441	2240	17	in	in	ADP
ftr-441	2240	18	the	the	DET
ftr-441	2240	19	tax	tax	NOUN
ftr-441	2240	20	status	status	NOUN
ftr-441	2240	21	of	of	ADP
ftr-441	2240	22	the	the	DET
ftr-441	2240	23	firm	firm	NOUN
ftr-441	2240	24	is	be	AUX
ftr-441	2240	25	made	make	VERB
ftr-441	2240	26	by	by	ADP
ftr-441	2240	27	election	election	NOUN
ftr-441	2240	28	.	.	PUNCT
ftr-441	2241	1	see	see	VERB
ftr-441	2241	2	prop	prop	NOUN
ftr-441	2241	3	.	.	PUNCT
ftr-441	2242	1	regs	regs	PROPN
ftr-441	2242	2	.	.	PUNCT
ftr-441	2243	1	§	§	PROPN
ftr-441	2243	2	301.77013(g)(1)(ii	301.77013(g)(1)(ii	NUM
ftr-441	2243	3	)	)	PUNCT
ftr-441	2243	4	.	.	PUNCT
ftr-441	2244	1	liquidation	liquidation	NOUN
ftr-441	2244	2	treatment	treatment	NOUN
ftr-441	2244	3	occurs	occur	VERB
ftr-441	2244	4	even	even	ADV
ftr-441	2244	5	though	though	SCONJ
ftr-441	2244	6	the	the	DET
ftr-441	2244	7	corporation	corporation	NOUN
ftr-441	2244	8	is	be	AUX
ftr-441	2244	9	a	a	DET
ftr-441	2244	10	private	private	ADJ
ftr-441	2244	11	c	c	NOUN
ftr-441	2244	12	or	or	CCONJ
ftr-441	2244	13	subchapter	subchapter	NOUN
ftr-441	2244	14	s	s	VERB
ftr-441	2244	15	firm	firm	NOUN
ftr-441	2244	16	.	.	PUNCT
ftr-441	2245	1	306	306	NUM
ftr-441	2245	2	.	.	PUNCT
ftr-441	2246	1	see	see	VERB
ftr-441	2246	2	irc	irc	PROPN
ftr-441	2246	3	§	§	PROPN
ftr-441	2246	4	§	§	PROPN
ftr-441	2246	5	1374	1374	NUM
ftr-441	2246	6	,	,	PUNCT
ftr-441	2246	7	1375	1375	NUM
ftr-441	2246	8	.	.	PUNCT
ftr-441	2247	1	the	the	DET
ftr-441	2247	2	s	s	PROPN
ftr-441	2247	3	corporation	corporation	NOUN
ftr-441	2247	4	is	be	AUX
ftr-441	2247	5	also	also	ADV
ftr-441	2247	6	more	more	ADV
ftr-441	2247	7	vulnerable	vulnerable	ADJ
ftr-441	2247	8	to	to	ADP
ftr-441	2247	9	loss	loss	NOUN
ftr-441	2247	10	of	of	ADP
ftr-441	2247	11	its	its	PRON
ftr-441	2247	12	subchapter	subchapter	NOUN
ftr-441	2247	13	s	s	PART
ftr-441	2247	14	eligibility	eligibility	NOUN
ftr-441	2247	15	if	if	SCONJ
ftr-441	2247	16	the	the	DET
ftr-441	2247	17	firm	firm	NOUN
ftr-441	2247	18	has	have	VERB
ftr-441	2247	19	a	a	DET
ftr-441	2247	20	subchapter	subchapter	NOUN
ftr-441	2247	21	c	c	NOUN
ftr-441	2247	22	history	history	NOUN
ftr-441	2247	23	.	.	PUNCT
ftr-441	2248	1	see	see	VERB
ftr-441	2248	2	irc	irc	PROPN
ftr-441	2248	3	§	§	PROPN
ftr-441	2248	4	1362(d)(3	1362(d)(3	NUM
ftr-441	2248	5	)	)	PUNCT
ftr-441	2248	6	.	.	PUNCT
ftr-441	2249	1	these	these	DET
ftr-441	2249	2	rules	rule	NOUN
ftr-441	2249	3	apply	apply	VERB
ftr-441	2249	4	regardless	regardless	ADV
ftr-441	2249	5	of	of	ADP
ftr-441	2249	6	whether	whether	SCONJ
ftr-441	2249	7	the	the	DET
ftr-441	2249	8	subchapter	subchapter	NOUN
ftr-441	2249	9	c	c	NOUN
ftr-441	2249	10	corporation	corporation	NOUN
ftr-441	2249	11	was	be	AUX
ftr-441	2249	12	public	public	ADJ
ftr-441	2249	13	or	or	CCONJ
ftr-441	2249	14	private	private	ADJ
ftr-441	2249	15	.	.	PUNCT
ftr-441	2250	1	307	307	NUM
ftr-441	2250	2	.	.	PUNCT
ftr-441	2251	1	see	see	VERB
ftr-441	2251	2	,	,	PUNCT
ftr-441	2251	3	e.g.	e.g.	ADV
ftr-441	2251	4	,	,	PUNCT
ftr-441	2251	5	regs	reg	NOUN
ftr-441	2251	6	.	.	PUNCT
ftr-441	2252	1	§	§	PROPN
ftr-441	2252	2	1.1001	1.1001	NUM
ftr-441	2252	3	-	-	SYM
ftr-441	2252	4	3	3	NUM
ftr-441	2252	5	(	(	PUNCT
ftr-441	2252	6	rules	rule	NOUN
ftr-441	2252	7	for	for	ADP
ftr-441	2252	8	determining	determine	VERB
ftr-441	2252	9	whether	whether	SCONJ
ftr-441	2252	10	a	a	DET
ftr-441	2252	11	modification	modification	NOUN
ftr-441	2252	12	of	of	ADP
ftr-441	2252	13	the	the	DET
ftr-441	2252	14	terms	term	NOUN
ftr-441	2252	15	of	of	ADP
ftr-441	2252	16	a	a	DET
ftr-441	2252	17	debt	debt	NOUN
ftr-441	2252	18	instrument	instrument	NOUN
ftr-441	2252	19	receives	receive	VERB
ftr-441	2252	20	exchange	exchange	NOUN
ftr-441	2252	21	treatment	treatment	NOUN
ftr-441	2252	22	under	under	ADP
ftr-441	2252	23	irc	irc	PROPN
ftr-441	2252	24	§	§	PROPN
ftr-441	2252	25	1001	1001	NUM
ftr-441	2252	26	)	)	PUNCT
ftr-441	2252	27	.	.	PUNCT
ftr-441	2253	1	[	[	X
ftr-441	2253	2	vol	vol	NOUN
ftr-441	2253	3	.	.	PUNCT
ftr-441	2253	4	4:3	4:3	NUM
ftr-441	2253	5	the	the	DET
ftr-441	2253	6	future	future	ADJ
ftr-441	2253	7	taxation	taxation	NOUN
ftr-441	2253	8	of	of	ADP
ftr-441	2253	9	private	private	ADJ
ftr-441	2253	10	business	business	NOUN
ftr-441	2253	11	firms	firm	NOUN
ftr-441	2253	12	conversions	conversion	NOUN
ftr-441	2253	13	of	of	ADP
ftr-441	2253	14	large	large	ADJ
ftr-441	2253	15	c	c	NOUN
ftr-441	2253	16	corporations	corporation	NOUN
ftr-441	2253	17	into	into	ADP
ftr-441	2253	18	s	s	PART
ftr-441	2253	19	corporations	corporation	NOUN
ftr-441	2253	20	as	as	ADP
ftr-441	2253	21	complete	complete	ADJ
ftr-441	2253	22	liquidations	liquidation	NOUN
ftr-441	2253	23	for	for	ADP
ftr-441	2253	24	tax	tax	NOUN
ftr-441	2253	25	purposes.3	purposes.3	NOUN
ftr-441	2253	26	°	°	PROPN
ftr-441	2253	27	s	s	PART
ftr-441	2253	28	one	one	NUM
ftr-441	2253	29	public	public	NOUN
ftr-441	2253	30	-	-	PUNCT
ftr-441	2253	31	to	to	ADP
ftr-441	2253	32	-	-	PUNCT
ftr-441	2253	33	private	private	ADJ
ftr-441	2253	34	transaction	transaction	NOUN
ftr-441	2253	35	under	under	ADP
ftr-441	2253	36	current	current	ADJ
ftr-441	2253	37	law	law	NOUN
ftr-441	2253	38	--	--	PUNCT
ftr-441	2253	39	a	a	DET
ftr-441	2253	40	public	public	ADJ
ftr-441	2253	41	c	c	NOUN
ftr-441	2253	42	corporation	corporation	NOUN
ftr-441	2253	43	going	go	VERB
ftr-441	2253	44	private	private	ADJ
ftr-441	2253	45	but	but	CCONJ
ftr-441	2253	46	remaining	remain	VERB
ftr-441	2253	47	under	under	ADP
ftr-441	2253	48	subchapter	subchapter	NOUN
ftr-441	2253	49	c	c	NOUN
ftr-441	2253	50	-	-	PUNCT
ftr-441	2253	51	is	be	AUX
ftr-441	2253	52	not	not	PART
ftr-441	2253	53	a	a	DET
ftr-441	2253	54	taxable	taxable	ADJ
ftr-441	2253	55	event	event	NOUN
ftr-441	2253	56	.	.	PUNCT
ftr-441	2254	1	further	far	ADV
ftr-441	2254	2	,	,	PUNCT
ftr-441	2254	3	if	if	SCONJ
ftr-441	2254	4	the	the	DET
ftr-441	2254	5	public	public	NOUN
ftr-441	2254	6	-	-	PUNCT
ftr-441	2254	7	to	to	ADP
ftr-441	2254	8	-	-	PUNCT
ftr-441	2254	9	private	private	ADJ
ftr-441	2254	10	change	change	NOUN
ftr-441	2254	11	results	result	VERB
ftr-441	2254	12	merely	merely	ADV
ftr-441	2254	13	from	from	ADP
ftr-441	2254	14	an	an	DET
ftr-441	2254	15	inadvertent	inadvertent	ADJ
ftr-441	2254	16	crossing	crossing	NOUN
ftr-441	2254	17	of	of	ADP
ftr-441	2254	18	the	the	DET
ftr-441	2254	19	public	public	ADJ
ftr-441	2254	20	/	/	SYM
ftr-441	2254	21	private	private	ADJ
ftr-441	2254	22	line	line	NOUN
ftr-441	2254	23	,	,	PUNCT
ftr-441	2254	24	the	the	DET
ftr-441	2254	25	change	change	NOUN
ftr-441	2254	26	may	may	AUX
ftr-441	2254	27	not	not	PART
ftr-441	2254	28	even	even	ADV
ftr-441	2254	29	be	be	AUX
ftr-441	2254	30	a	a	DET
ftr-441	2254	31	very	very	ADV
ftr-441	2254	32	significant	significant	ADJ
ftr-441	2254	33	one	one	NUM
ftr-441	2254	34	for	for	ADP
ftr-441	2254	35	the	the	DET
ftr-441	2254	36	firm	firm	NOUN
ftr-441	2254	37	.	.	PUNCT
ftr-441	2254	38	'	'	PUNCT
ftr-441	2255	1	the	the	DET
ftr-441	2255	2	proposals	proposal	NOUN
ftr-441	2255	3	do	do	AUX
ftr-441	2255	4	not	not	PART
ftr-441	2255	5	provide	provide	VERB
ftr-441	2255	6	a	a	DET
ftr-441	2255	7	comparable	comparable	ADJ
ftr-441	2255	8	way	way	NOUN
ftr-441	2255	9	to	to	PART
ftr-441	2255	10	address	address	VERB
ftr-441	2255	11	this	this	DET
ftr-441	2255	12	hardship	hardship	NOUN
ftr-441	2255	13	case	case	NOUN
ftr-441	2255	14	because	because	SCONJ
ftr-441	2255	15	they	they	PRON
ftr-441	2255	16	do	do	AUX
ftr-441	2255	17	not	not	PART
ftr-441	2255	18	permit	permit	VERB
ftr-441	2255	19	private	private	ADJ
ftr-441	2255	20	firms	firm	NOUN
ftr-441	2255	21	to	to	PART
ftr-441	2255	22	be	be	AUX
ftr-441	2255	23	taxed	tax	VERB
ftr-441	2255	24	under	under	ADP
ftr-441	2255	25	subchapter	subchapter	NOUN
ftr-441	2255	26	c.	c.	NOUN
ftr-441	2255	27	one	one	NUM
ftr-441	2255	28	narrow	narrow	ADJ
ftr-441	2255	29	solution	solution	NOUN
ftr-441	2255	30	to	to	ADP
ftr-441	2255	31	this	this	DET
ftr-441	2255	32	problem	problem	NOUN
ftr-441	2255	33	is	be	AUX
ftr-441	2255	34	to	to	PART
ftr-441	2255	35	allow	allow	VERB
ftr-441	2255	36	any	any	DET
ftr-441	2255	37	public	public	ADJ
ftr-441	2255	38	firm	firm	NOUN
ftr-441	2255	39	which	which	PRON
ftr-441	2255	40	unintentionally	unintentionally	ADV
ftr-441	2255	41	becomes	become	VERB
ftr-441	2255	42	a	a	DET
ftr-441	2255	43	private	private	ADJ
ftr-441	2255	44	firm	firm	NOUN
ftr-441	2255	45	to	to	PART
ftr-441	2255	46	continue	continue	VERB
ftr-441	2255	47	to	to	PART
ftr-441	2255	48	be	be	AUX
ftr-441	2255	49	taxed	tax	VERB
ftr-441	2255	50	under	under	ADP
ftr-441	2255	51	subchapter	subchapter	NOUN
ftr-441	2255	52	c	c	NOUN
ftr-441	2255	53	for	for	ADP
ftr-441	2255	54	a	a	DET
ftr-441	2255	55	period	period	NOUN
ftr-441	2255	56	of	of	ADP
ftr-441	2255	57	time	time	NOUN
ftr-441	2255	58	.	.	PUNCT
ftr-441	2256	1	during	during	ADP
ftr-441	2256	2	that	that	DET
ftr-441	2256	3	period	period	NOUN
ftr-441	2256	4	,	,	PUNCT
ftr-441	2256	5	the	the	DET
ftr-441	2256	6	firm	firm	NOUN
ftr-441	2256	7	could	could	AUX
ftr-441	2256	8	either	either	CCONJ
ftr-441	2256	9	regain	regain	VERB
ftr-441	2256	10	public	public	ADJ
ftr-441	2256	11	status	status	NOUN
ftr-441	2256	12	,	,	PUNCT
ftr-441	2256	13	and	and	CCONJ
ftr-441	2256	14	thereby	thereby	ADV
ftr-441	2256	15	continue	continue	VERB
ftr-441	2256	16	under	under	ADP
ftr-441	2256	17	subchapter	subchapter	NOUN
ftr-441	2256	18	c	c	NOUN
ftr-441	2256	19	,	,	PUNCT
ftr-441	2256	20	or	or	CCONJ
ftr-441	2256	21	make	make	VERB
ftr-441	2256	22	permanent	permanent	ADJ
ftr-441	2256	23	its	its	PRON
ftr-441	2256	24	private	private	ADJ
ftr-441	2256	25	status	status	NOUN
ftr-441	2256	26	.	.	PUNCT
ftr-441	2257	1	in	in	ADP
ftr-441	2257	2	the	the	DET
ftr-441	2257	3	latter	latter	ADJ
ftr-441	2257	4	case	case	NOUN
ftr-441	2257	5	,	,	PUNCT
ftr-441	2257	6	the	the	DET
ftr-441	2257	7	normal	normal	ADJ
ftr-441	2257	8	consequences	consequence	NOUN
ftr-441	2257	9	of	of	ADP
ftr-441	2257	10	a	a	DET
ftr-441	2257	11	public	public	NOUN
ftr-441	2257	12	-	-	PUNCT
ftr-441	2257	13	to	to	ADP
ftr-441	2257	14	-	-	PUNCT
ftr-441	2257	15	private	private	ADJ
ftr-441	2257	16	change	change	NOUN
ftr-441	2257	17	would	would	AUX
ftr-441	2257	18	then	then	ADV
ftr-441	2257	19	arise	arise	VERB
ftr-441	2257	20	at	at	ADP
ftr-441	2257	21	the	the	DET
ftr-441	2257	22	end	end	NOUN
ftr-441	2257	23	of	of	ADP
ftr-441	2257	24	the	the	DET
ftr-441	2257	25	period	period	NOUN
ftr-441	2257	26	.	.	PUNCT
ftr-441	2258	1	c.	c.	NOUN
ftr-441	2258	2	changing	change	VERB
ftr-441	2258	3	tax	tax	NOUN
ftr-441	2258	4	systems	system	NOUN
ftr-441	2258	5	of	of	ADP
ftr-441	2258	6	private	private	ADJ
ftr-441	2258	7	firms	firm	NOUN
ftr-441	2258	8	(	(	PUNCT
ftr-441	2258	9	spbf	spbf	VERB
ftr-441	2258	10	to	to	PART
ftr-441	2258	11	default	default	VERB
ftr-441	2258	12	system	system	NOUN
ftr-441	2258	13	or	or	CCONJ
ftr-441	2258	14	vice	vice	NOUN
ftr-441	2258	15	-	-	NOUN
ftr-441	2258	16	versa).-under	versa).-under	NOUN
ftr-441	2258	17	current	current	ADJ
ftr-441	2258	18	law	law	NOUN
ftr-441	2258	19	,	,	PUNCT
ftr-441	2258	20	the	the	DET
ftr-441	2258	21	taxation	taxation	NOUN
ftr-441	2258	22	of	of	ADP
ftr-441	2258	23	private	private	ADJ
ftr-441	2258	24	firms	firm	NOUN
ftr-441	2258	25	which	which	PRON
ftr-441	2258	26	change	change	VERB
ftr-441	2258	27	tax	tax	NOUN
ftr-441	2258	28	systems	system	NOUN
ftr-441	2258	29	is	be	AUX
ftr-441	2258	30	not	not	PART
ftr-441	2258	31	very	very	ADV
ftr-441	2258	32	coherent	coherent	ADJ
ftr-441	2258	33	.	.	PUNCT
ftr-441	2259	1	for	for	ADP
ftr-441	2259	2	example	example	NOUN
ftr-441	2259	3	,	,	PUNCT
ftr-441	2259	4	an	an	DET
ftr-441	2259	5	s	s	NOUN
ftr-441	2259	6	corporation	corporation	NOUN
ftr-441	2259	7	which	which	PRON
ftr-441	2259	8	converts	convert	VERB
ftr-441	2259	9	to	to	ADP
ftr-441	2259	10	a	a	DET
ftr-441	2259	11	partnership	partnership	NOUN
ftr-441	2259	12	is	be	AUX
ftr-441	2259	13	treated	treat	VERB
ftr-441	2259	14	as	as	ADP
ftr-441	2259	15	a	a	DET
ftr-441	2259	16	taxable	taxable	ADJ
ftr-441	2259	17	liquidation	liquidation	NOUN
ftr-441	2259	18	of	of	ADP
ftr-441	2259	19	the	the	DET
ftr-441	2259	20	firm	firm	NOUN
ftr-441	2259	21	.	.	PUNCT
ftr-441	2260	1	on	on	ADP
ftr-441	2260	2	the	the	DET
ftr-441	2260	3	other	other	ADJ
ftr-441	2260	4	hand	hand	NOUN
ftr-441	2260	5	,	,	PUNCT
ftr-441	2260	6	a	a	DET
ftr-441	2260	7	partnership	partnership	NOUN
ftr-441	2260	8	can	can	AUX
ftr-441	2260	9	generally	generally	ADV
ftr-441	2260	10	incorporate	incorporate	VERB
ftr-441	2260	11	and	and	CCONJ
ftr-441	2260	12	elect	elect	VERB
ftr-441	2260	13	to	to	PART
ftr-441	2260	14	be	be	AUX
ftr-441	2260	15	taxed	tax	VERB
ftr-441	2260	16	under	under	ADP
ftr-441	2260	17	subchapter	subchapter	NOUN
ftr-441	2260	18	s	s	NOUN
ftr-441	2260	19	in	in	ADP
ftr-441	2260	20	a	a	DET
ftr-441	2260	21	tax	tax	NOUN
ftr-441	2260	22	-	-	PUNCT
ftr-441	2260	23	free	free	ADJ
ftr-441	2260	24	manner	manner	NOUN
ftr-441	2260	25	.	.	PUNCT
ftr-441	2261	1	change	change	NOUN
ftr-441	2261	2	from	from	ADP
ftr-441	2261	3	private	private	ADJ
ftr-441	2261	4	subchapter	subchapter	NOUN
ftr-441	2261	5	c	c	NOUN
ftr-441	2261	6	status	status	NOUN
ftr-441	2261	7	to	to	ADP
ftr-441	2261	8	one	one	NUM
ftr-441	2261	9	of	of	ADP
ftr-441	2261	10	the	the	DET
ftr-441	2261	11	other	other	ADJ
ftr-441	2261	12	tax	tax	NOUN
ftr-441	2261	13	systems	system	NOUN
ftr-441	2261	14	implicates	implicate	VERB
ftr-441	2261	15	the	the	DET
ftr-441	2261	16	double	double	ADJ
ftr-441	2261	17	tax	tax	NOUN
ftr-441	2261	18	features	feature	NOUN
ftr-441	2261	19	of	of	ADP
ftr-441	2261	20	subchapter	subchapter	NOUN
ftr-441	2261	21	c.	c.	NOUN
ftr-441	2261	22	under	under	ADP
ftr-441	2261	23	the	the	DET
ftr-441	2261	24	proposal	proposal	NOUN
ftr-441	2261	25	,	,	PUNCT
ftr-441	2261	26	all	all	DET
ftr-441	2261	27	private	private	ADJ
ftr-441	2261	28	firms	firm	NOUN
ftr-441	2261	29	are	be	AUX
ftr-441	2261	30	taxed	tax	VERB
ftr-441	2261	31	as	as	ADP
ftr-441	2261	32	conduits	conduit	NOUN
ftr-441	2261	33	,	,	PUNCT
ftr-441	2261	34	pursuant	pursuant	ADJ
ftr-441	2261	35	to	to	ADP
ftr-441	2261	36	either	either	CCONJ
ftr-441	2261	37	the	the	DET
ftr-441	2261	38	spbf	spbf	ADJ
ftr-441	2261	39	or	or	CCONJ
ftr-441	2261	40	default	default	NOUN
ftr-441	2261	41	systems	system	NOUN
ftr-441	2261	42	.	.	PUNCT
ftr-441	2262	1	thus	thus	ADV
ftr-441	2262	2	,	,	PUNCT
ftr-441	2262	3	changing	change	VERB
ftr-441	2262	4	from	from	ADP
ftr-441	2262	5	one	one	NUM
ftr-441	2262	6	system	system	NOUN
ftr-441	2262	7	to	to	ADP
ftr-441	2262	8	another	another	PRON
ftr-441	2262	9	,	,	PUNCT
ftr-441	2262	10	either	either	CCONJ
ftr-441	2262	11	by	by	ADP
ftr-441	2262	12	way	way	NOUN
ftr-441	2262	13	of	of	ADP
ftr-441	2262	14	conversion	conversion	NOUN
ftr-441	2262	15	or	or	CCONJ
ftr-441	2262	16	reorganization	reorganization	NOUN
ftr-441	2262	17	,	,	PUNCT
ftr-441	2262	18	could	could	AUX
ftr-441	2262	19	potentially	potentially	ADV
ftr-441	2262	20	be	be	AUX
ftr-441	2262	21	a	a	DET
ftr-441	2262	22	tax	tax	NOUN
ftr-441	2262	23	-	-	PUNCT
ftr-441	2262	24	free	free	ADJ
ftr-441	2262	25	transaction	transaction	NOUN
ftr-441	2262	26	.	.	PUNCT
ftr-441	2263	1	that	that	DET
ftr-441	2263	2	conclusion	conclusion	NOUN
ftr-441	2263	3	,	,	PUNCT
ftr-441	2263	4	however	however	ADV
ftr-441	2263	5	,	,	PUNCT
ftr-441	2263	6	must	must	AUX
ftr-441	2263	7	be	be	AUX
ftr-441	2263	8	tempered	temper	VERB
ftr-441	2263	9	by	by	ADP
ftr-441	2263	10	the	the	DET
ftr-441	2263	11	desire	desire	NOUN
ftr-441	2263	12	to	to	PART
ftr-441	2263	13	protect	protect	VERB
ftr-441	2263	14	the	the	DET
ftr-441	2263	15	integrity	integrity	NOUN
ftr-441	2263	16	of	of	ADP
ftr-441	2263	17	the	the	DET
ftr-441	2263	18	rules	rule	NOUN
ftr-441	2263	19	of	of	ADP
ftr-441	2263	20	each	each	DET
ftr-441	2263	21	system	system	NOUN
ftr-441	2263	22	.	.	PUNCT
ftr-441	2264	1	for	for	ADP
ftr-441	2264	2	example	example	NOUN
ftr-441	2264	3	,	,	PUNCT
ftr-441	2264	4	the	the	DET
ftr-441	2264	5	default	default	NOUN
ftr-441	2264	6	conduit	conduit	NOUN
ftr-441	2264	7	tax	tax	NOUN
ftr-441	2264	8	system	system	NOUN
ftr-441	2264	9	,	,	PUNCT
ftr-441	2264	10	modeled	model	VERB
ftr-441	2264	11	after	after	ADP
ftr-441	2264	12	existing	exist	VERB
ftr-441	2264	13	subchapter	subchapter	NOUN
ftr-441	2264	14	k	k	NOUN
ftr-441	2264	15	,	,	PUNCT
ftr-441	2264	16	will	will	AUX
ftr-441	2264	17	likely	likely	ADV
ftr-441	2264	18	have	have	VERB
ftr-441	2264	19	a	a	DET
ftr-441	2264	20	number	number	NOUN
ftr-441	2264	21	of	of	ADP
ftr-441	2264	22	structures	structure	NOUN
ftr-441	2264	23	in	in	ADP
ftr-441	2264	24	them	they	PRON
ftr-441	2264	25	that	that	PRON
ftr-441	2264	26	are	be	AUX
ftr-441	2264	27	intended	intend	VERB
ftr-441	2264	28	to	to	PART
ftr-441	2264	29	prevent	prevent	VERB
ftr-441	2264	30	abuse	abuse	NOUN
ftr-441	2264	31	of	of	ADP
ftr-441	2264	32	that	that	DET
ftr-441	2264	33	form	form	NOUN
ftr-441	2264	34	.	.	PUNCT
ftr-441	2265	1	the	the	DET
ftr-441	2265	2	spbf	spbf	ADJ
ftr-441	2265	3	structure	structure	NOUN
ftr-441	2265	4	does	do	AUX
ftr-441	2265	5	not	not	PART
ftr-441	2265	6	include	include	VERB
ftr-441	2265	7	those	those	DET
ftr-441	2265	8	provisions	provision	NOUN
ftr-441	2265	9	in	in	ADP
ftr-441	2265	10	order	order	NOUN
ftr-441	2265	11	to	to	PART
ftr-441	2265	12	keep	keep	VERB
ftr-441	2265	13	its	its	PRON
ftr-441	2265	14	operational	operational	ADJ
ftr-441	2265	15	rules	rule	NOUN
ftr-441	2265	16	relatively	relatively	ADV
ftr-441	2265	17	simple	simple	ADJ
ftr-441	2265	18	and	and	CCONJ
ftr-441	2265	19	easy	easy	ADJ
ftr-441	2265	20	to	to	PART
ftr-441	2265	21	work	work	VERB
ftr-441	2265	22	with	with	ADP
ftr-441	2265	23	.	.	PUNCT
ftr-441	2266	1	thus	thus	ADV
ftr-441	2266	2	,	,	PUNCT
ftr-441	2266	3	as	as	SCONJ
ftr-441	2266	4	previously	previously	ADV
ftr-441	2266	5	described	describe	VERB
ftr-441	2266	6	,	,	PUNCT
ftr-441	2266	7	the	the	DET
ftr-441	2266	8	rules	rule	NOUN
ftr-441	2266	9	involving	involve	VERB
ftr-441	2266	10	"	"	PUNCT
ftr-441	2266	11	hot	hot	ADJ
ftr-441	2266	12	assets	asset	NOUN
ftr-441	2266	13	"	"	PUNCT
ftr-441	2266	14	and	and	CCONJ
ftr-441	2266	15	special	special	ADJ
ftr-441	2266	16	allocations	allocation	NOUN
ftr-441	2266	17	are	be	AUX
ftr-441	2266	18	not	not	PART
ftr-441	2266	19	included	include	VERB
ftr-441	2266	20	in	in	ADP
ftr-441	2266	21	the	the	DET
ftr-441	2266	22	spbf	spbf	ADJ
ftr-441	2266	23	system	system	NOUN
ftr-441	2266	24	.	.	PUNCT
ftr-441	2267	1	if	if	SCONJ
ftr-441	2267	2	a	a	DET
ftr-441	2267	3	non308	non308	PROPN
ftr-441	2267	4	.	.	PUNCT
ftr-441	2268	1	see	see	VERB
ftr-441	2268	2	staff	staff	NOUN
ftr-441	2268	3	of	of	ADP
ftr-441	2268	4	the	the	DET
ftr-441	2268	5	joint	joint	ADJ
ftr-441	2268	6	committee	committee	NOUN
ftr-441	2268	7	on	on	ADP
ftr-441	2268	8	tax'n	tax'n	NOUN
ftr-441	2268	9	,	,	PUNCT
ftr-441	2268	10	105th	105th	ADJ
ftr-441	2268	11	cong	cong	NOUN
ftr-441	2268	12	.	.	PUNCT
ftr-441	2269	1	,	,	PUNCT
ftr-441	2269	2	description	description	NOUN
ftr-441	2269	3	and	and	CCONJ
ftr-441	2269	4	analysis	analysis	NOUN
ftr-441	2269	5	of	of	ADP
ftr-441	2269	6	certain	certain	ADJ
ftr-441	2269	7	revenue	revenue	NOUN
ftr-441	2269	8	-	-	PUNCT
ftr-441	2269	9	raising	raise	VERB
ftr-441	2269	10	provisions	provision	NOUN
ftr-441	2269	11	contained	contain	VERB
ftr-441	2269	12	in	in	ADP
ftr-441	2269	13	the	the	DET
ftr-441	2269	14	president	president	NOUN
ftr-441	2269	15	's	's	PART
ftr-441	2269	16	fiscal	fiscal	ADJ
ftr-441	2269	17	year	year	NOUN
ftr-441	2269	18	1998	1998	NUM
ftr-441	2269	19	budget	budget	NOUN
ftr-441	2269	20	proposal	proposal	NOUN
ftr-441	2269	21	43	43	NUM
ftr-441	2269	22	(	(	PUNCT
ftr-441	2269	23	comm	comm	NOUN
ftr-441	2269	24	.	.	PUNCT
ftr-441	2270	1	print	print	NOUN
ftr-441	2270	2	1977	1977	NUM
ftr-441	2270	3	)	)	PUNCT
ftr-441	2270	4	.	.	PUNCT
ftr-441	2271	1	the	the	DET
ftr-441	2271	2	same	same	ADJ
ftr-441	2271	3	proposal	proposal	NOUN
ftr-441	2271	4	is	be	AUX
ftr-441	2271	5	included	include	VERB
ftr-441	2271	6	in	in	ADP
ftr-441	2271	7	the	the	DET
ftr-441	2271	8	president	president	NOUN
ftr-441	2271	9	's	's	PART
ftr-441	2271	10	f'y	f'y	ADV
ftr-441	2271	11	1999	1999	NUM
ftr-441	2271	12	budget	budget	NOUN
ftr-441	2271	13	submission	submission	NOUN
ftr-441	2271	14	.	.	PUNCT
ftr-441	2272	1	president	president	PROPN
ftr-441	2272	2	's	's	PART
ftr-441	2272	3	budget	budget	NOUN
ftr-441	2272	4	proposals	proposal	NOUN
ftr-441	2272	5	,	,	PUNCT
ftr-441	2272	6	fy	fy	PROPN
ftr-441	2272	7	1999	1999	NUM
ftr-441	2272	8	,	,	PUNCT
ftr-441	2272	9	352	352	NUM
ftr-441	2272	10	table	table	NOUN
ftr-441	2272	11	8	8	NUM
ftr-441	2272	12	-	-	SYM
ftr-441	2272	13	6	6	NUM
ftr-441	2272	14	(	(	PUNCT
ftr-441	2272	15	effect	effect	NOUN
ftr-441	2272	16	of	of	ADP
ftr-441	2272	17	proposals	proposal	NOUN
ftr-441	2272	18	on	on	ADP
ftr-441	2272	19	receipts	receipt	NOUN
ftr-441	2272	20	)	)	PUNCT
ftr-441	2272	21	.	.	PUNCT
ftr-441	2273	1	309	309	NUM
ftr-441	2273	2	.	.	PUNCT
ftr-441	2274	1	the	the	DET
ftr-441	2274	2	public	public	ADJ
ftr-441	2274	3	/	/	SYM
ftr-441	2274	4	private	private	ADJ
ftr-441	2274	5	line	line	NOUN
ftr-441	2274	6	under	under	ADP
ftr-441	2274	7	current	current	ADJ
ftr-441	2274	8	law	law	NOUN
ftr-441	2274	9	is	be	AUX
ftr-441	2274	10	set	set	VERB
ftr-441	2274	11	forth	forth	ADV
ftr-441	2274	12	in	in	ADP
ftr-441	2274	13	§	§	PROPN
ftr-441	2274	14	7704(b	7704(b	NOUN
ftr-441	2274	15	)	)	PUNCT
ftr-441	2274	16	and	and	CCONJ
ftr-441	2274	17	the	the	DET
ftr-441	2274	18	regulations	regulation	NOUN
ftr-441	2274	19	thereunder	thereunder	NOUN
ftr-441	2274	20	.	.	PUNCT
ftr-441	2275	1	1999	1999	NUM
ftr-441	2275	2	]	]	PUNCT
ftr-441	2275	3	florida	florida	PROPN
ftr-441	2275	4	tax	tax	PROPN
ftr-441	2275	5	review	review	PROPN
ftr-441	2275	6	spbf	spbf	NOUN
ftr-441	2275	7	private	private	ADJ
ftr-441	2275	8	firm	firm	NOUN
ftr-441	2275	9	could	could	AUX
ftr-441	2275	10	be	be	AUX
ftr-441	2275	11	transformed	transform	VERB
ftr-441	2275	12	into	into	ADP
ftr-441	2275	13	an	an	DET
ftr-441	2275	14	spbf	spbf	NOUN
ftr-441	2275	15	with	with	ADP
ftr-441	2275	16	no	no	DET
ftr-441	2275	17	tax	tax	NOUN
ftr-441	2275	18	consequences	consequence	NOUN
ftr-441	2275	19	,	,	PUNCT
ftr-441	2275	20	it	it	PRON
ftr-441	2275	21	seems	seem	VERB
ftr-441	2275	22	likely	likely	ADJ
ftr-441	2275	23	that	that	SCONJ
ftr-441	2275	24	the	the	DET
ftr-441	2275	25	anti	anti	ADJ
ftr-441	2275	26	-	-	ADJ
ftr-441	2275	27	abuse	abuse	ADJ
ftr-441	2275	28	rules	rule	NOUN
ftr-441	2275	29	for	for	ADP
ftr-441	2275	30	the	the	DET
ftr-441	2275	31	non	non	ADJ
ftr-441	2275	32	-	-	ADJ
ftr-441	2275	33	spbf	spbf	ADJ
ftr-441	2275	34	form	form	NOUN
ftr-441	2275	35	could	could	AUX
ftr-441	2275	36	be	be	AUX
ftr-441	2275	37	avoided	avoid	VERB
ftr-441	2275	38	.	.	PUNCT
ftr-441	2276	1	similarly	similarly	ADV
ftr-441	2276	2	,	,	PUNCT
ftr-441	2276	3	consider	consider	VERB
ftr-441	2276	4	the	the	DET
ftr-441	2276	5	taxation	taxation	NOUN
ftr-441	2276	6	of	of	ADP
ftr-441	2276	7	a	a	DET
ftr-441	2276	8	firm	firm	NOUN
ftr-441	2276	9	changing	change	VERB
ftr-441	2276	10	from	from	ADP
ftr-441	2276	11	the	the	DET
ftr-441	2276	12	spbf	spbf	ADJ
ftr-441	2276	13	system	system	NOUN
ftr-441	2276	14	to	to	ADP
ftr-441	2276	15	the	the	DET
ftr-441	2276	16	default	default	NOUN
ftr-441	2276	17	conduit	conduit	NOUN
ftr-441	2276	18	system	system	NOUN
ftr-441	2276	19	.	.	PUNCT
ftr-441	2277	1	at	at	ADP
ftr-441	2277	2	first	first	ADJ
ftr-441	2277	3	blush	blush	NOUN
ftr-441	2277	4	,	,	PUNCT
ftr-441	2277	5	this	this	PRON
ftr-441	2277	6	might	might	AUX
ftr-441	2277	7	seem	seem	VERB
ftr-441	2277	8	to	to	PART
ftr-441	2277	9	be	be	AUX
ftr-441	2277	10	the	the	DET
ftr-441	2277	11	most	most	ADV
ftr-441	2277	12	benign	benign	ADJ
ftr-441	2277	13	of	of	ADP
ftr-441	2277	14	possible	possible	ADJ
ftr-441	2277	15	transactions	transaction	NOUN
ftr-441	2277	16	because	because	SCONJ
ftr-441	2277	17	the	the	DET
ftr-441	2277	18	firm	firm	NOUN
ftr-441	2277	19	is	be	AUX
ftr-441	2277	20	leaving	leave	VERB
ftr-441	2277	21	a	a	DET
ftr-441	2277	22	system	system	NOUN
ftr-441	2277	23	with	with	ADP
ftr-441	2277	24	relatively	relatively	ADV
ftr-441	2277	25	few	few	ADJ
ftr-441	2277	26	anti	anti	ADJ
ftr-441	2277	27	-	-	ADJ
ftr-441	2277	28	abuse	abuse	ADJ
ftr-441	2277	29	protections	protection	NOUN
ftr-441	2277	30	and	and	CCONJ
ftr-441	2277	31	entering	enter	VERB
ftr-441	2277	32	one	one	NUM
ftr-441	2277	33	with	with	ADP
ftr-441	2277	34	many	many	ADJ
ftr-441	2277	35	more	more	ADJ
ftr-441	2277	36	.	.	PUNCT
ftr-441	2278	1	on	on	ADP
ftr-441	2278	2	the	the	DET
ftr-441	2278	3	other	other	ADJ
ftr-441	2278	4	hand	hand	NOUN
ftr-441	2278	5	,	,	PUNCT
ftr-441	2278	6	the	the	DET
ftr-441	2278	7	default	default	NOUN
ftr-441	2278	8	conduit	conduit	NOUN
ftr-441	2278	9	system	system	NOUN
ftr-441	2278	10	will	will	AUX
ftr-441	2278	11	likely	likely	ADV
ftr-441	2278	12	contain	contain	VERB
ftr-441	2278	13	various	various	ADJ
ftr-441	2278	14	desirable	desirable	ADJ
ftr-441	2278	15	tax	tax	NOUN
ftr-441	2278	16	features	feature	NOUN
ftr-441	2278	17	unavailable	unavailable	ADJ
ftr-441	2278	18	in	in	ADP
ftr-441	2278	19	the	the	DET
ftr-441	2278	20	spbf	spbf	ADJ
ftr-441	2278	21	system	system	NOUN
ftr-441	2278	22	.	.	PUNCT
ftr-441	2279	1	for	for	ADP
ftr-441	2279	2	example	example	NOUN
ftr-441	2279	3	,	,	PUNCT
ftr-441	2279	4	the	the	DET
ftr-441	2279	5	default	default	NOUN
ftr-441	2279	6	system	system	NOUN
ftr-441	2279	7	will	will	AUX
ftr-441	2279	8	likely	likely	ADV
ftr-441	2279	9	permit	permit	VERB
ftr-441	2279	10	inside	inside	ADP
ftr-441	2279	11	basis	basis	NOUN
ftr-441	2279	12	adjustments	adjustment	NOUN
ftr-441	2279	13	not	not	PART
ftr-441	2279	14	allowed	allow	VERB
ftr-441	2279	15	by	by	ADP
ftr-441	2279	16	the	the	DET
ftr-441	2279	17	spbf	spbf	ADJ
ftr-441	2279	18	system	system	NOUN
ftr-441	2279	19	.	.	PUNCT
ftr-441	2280	1	a	a	DET
ftr-441	2280	2	change	change	NOUN
ftr-441	2280	3	from	from	ADP
ftr-441	2280	4	the	the	DET
ftr-441	2280	5	spbf	spbf	NOUN
ftr-441	2280	6	to	to	ADP
ftr-441	2280	7	the	the	DET
ftr-441	2280	8	non	non	ADJ
ftr-441	2280	9	-	-	ADJ
ftr-441	2280	10	spbf	spbf	ADJ
ftr-441	2280	11	system	system	NOUN
ftr-441	2280	12	should	should	AUX
ftr-441	2280	13	not	not	PART
ftr-441	2280	14	allow	allow	VERB
ftr-441	2280	15	a	a	DET
ftr-441	2280	16	firm	firm	NOUN
ftr-441	2280	17	to	to	PART
ftr-441	2280	18	gain	gain	VERB
ftr-441	2280	19	one	one	NUM
ftr-441	2280	20	of	of	ADP
ftr-441	2280	21	these	these	DET
ftr-441	2280	22	tax	tax	NOUN
ftr-441	2280	23	advantages	advantage	NOUN
ftr-441	2280	24	without	without	ADP
ftr-441	2280	25	being	be	AUX
ftr-441	2280	26	subject	subject	ADJ
ftr-441	2280	27	to	to	ADP
ftr-441	2280	28	an	an	DET
ftr-441	2280	29	appropriate	appropriate	ADJ
ftr-441	2280	30	anti	anti	ADJ
ftr-441	2280	31	-	-	ADJ
ftr-441	2280	32	abuse	abuse	ADJ
ftr-441	2280	33	protection	protection	NOUN
ftr-441	2280	34	.	.	PUNCT
ftr-441	2281	1	example	example	NOUN
ftr-441	2282	1	10	10	NUM
ftr-441	2282	2	.	.	PUNCT
ftr-441	2283	1	a	a	PRON
ftr-441	2283	2	and	and	CCONJ
ftr-441	2283	3	b	b	NOUN
ftr-441	2283	4	own	own	ADJ
ftr-441	2283	5	an	an	DET
ftr-441	2283	6	spbf	spbf	NOUN
ftr-441	2283	7	whose	whose	DET
ftr-441	2283	8	principal	principal	ADJ
ftr-441	2283	9	asset	asset	NOUN
ftr-441	2283	10	would	would	AUX
ftr-441	2283	11	generate	generate	VERB
ftr-441	2283	12	ordinary	ordinary	ADJ
ftr-441	2283	13	income	income	NOUN
ftr-441	2283	14	if	if	SCONJ
ftr-441	2283	15	sold	sell	VERB
ftr-441	2283	16	.	.	PUNCT
ftr-441	2284	1	there	there	PRON
ftr-441	2284	2	is	be	VERB
ftr-441	2284	3	a	a	DET
ftr-441	2284	4	sale	sale	NOUN
ftr-441	2284	5	of	of	ADP
ftr-441	2284	6	ownership	ownership	NOUN
ftr-441	2284	7	interests	interest	NOUN
ftr-441	2284	8	from	from	ADP
ftr-441	2284	9	b	b	NOUN
ftr-441	2284	10	to	to	ADP
ftr-441	2284	11	c.	c.	NOUN
ftr-441	2284	12	in	in	ADP
ftr-441	2284	13	the	the	DET
ftr-441	2284	14	sale	sale	NOUN
ftr-441	2284	15	,	,	PUNCT
ftr-441	2284	16	b	b	NOUN
ftr-441	2284	17	recognizes	recognize	VERB
ftr-441	2284	18	capital	capital	NOUN
ftr-441	2284	19	gain	gain	NOUN
ftr-441	2284	20	because	because	SCONJ
ftr-441	2284	21	the	the	DET
ftr-441	2284	22	spbf	spbf	NOUN
ftr-441	2284	23	rules	rule	NOUN
ftr-441	2284	24	do	do	AUX
ftr-441	2284	25	not	not	PART
ftr-441	2284	26	have	have	VERB
ftr-441	2284	27	a	a	DET
ftr-441	2284	28	section	section	NOUN
ftr-441	2284	29	751	751	NUM
ftr-441	2284	30	-	-	PUNCT
ftr-441	2284	31	type	type	NOUN
ftr-441	2284	32	rule	rule	NOUN
ftr-441	2284	33	.	.	PUNCT
ftr-441	2285	1	this	this	DET
ftr-441	2285	2	result	result	NOUN
ftr-441	2285	3	makes	make	VERB
ftr-441	2285	4	sense	sense	NOUN
ftr-441	2285	5	if	if	SCONJ
ftr-441	2285	6	c	c	PROPN
ftr-441	2285	7	has	have	VERB
ftr-441	2285	8	more	more	ADV
ftr-441	2285	9	-	-	PUNCT
ftr-441	2285	10	or	or	CCONJ
ftr-441	2285	11	-	-	PUNCT
ftr-441	2285	12	less	less	ADJ
ftr-441	2285	13	the	the	DET
ftr-441	2285	14	same	same	ADJ
ftr-441	2285	15	tax	tax	NOUN
ftr-441	2285	16	profile	profile	NOUN
ftr-441	2285	17	as	as	ADP
ftr-441	2285	18	b	b	NOUN
ftr-441	2285	19	and	and	CCONJ
ftr-441	2285	20	steps	step	NOUN
ftr-441	2285	21	into	into	ADP
ftr-441	2285	22	b	b	NOUN
ftr-441	2285	23	's	's	PART
ftr-441	2285	24	shoes	shoe	NOUN
ftr-441	2285	25	vis	vis	X
ftr-441	2285	26	-	-	PUNCT
ftr-441	2285	27	a	a	X
ftr-441	2285	28	-	-	PUNCT
ftr-441	2285	29	vis	vis	X
ftr-441	2285	30	the	the	DET
ftr-441	2285	31	unrealized	unrealized	ADJ
ftr-441	2285	32	ordinary	ordinary	ADJ
ftr-441	2285	33	income	income	NOUN
ftr-441	2285	34	of	of	ADP
ftr-441	2285	35	the	the	DET
ftr-441	2285	36	firm	firm	NOUN
ftr-441	2285	37	.	.	PUNCT
ftr-441	2286	1	c	c	X
ftr-441	2286	2	,	,	PUNCT
ftr-441	2286	3	however	however	ADV
ftr-441	2286	4	,	,	PUNCT
ftr-441	2286	5	is	be	AUX
ftr-441	2286	6	a	a	DET
ftr-441	2286	7	nonresident	nonresident	ADJ
ftr-441	2286	8	alien	alien	NOUN
ftr-441	2286	9	and	and	CCONJ
ftr-441	2286	10	the	the	DET
ftr-441	2286	11	sale	sale	NOUN
ftr-441	2286	12	therefore	therefore	ADV
ftr-441	2286	13	causes	cause	VERB
ftr-441	2286	14	the	the	DET
ftr-441	2286	15	firm	firm	NOUN
ftr-441	2286	16	to	to	PART
ftr-441	2286	17	lose	lose	VERB
ftr-441	2286	18	its	its	PRON
ftr-441	2286	19	spbf	spbf	ADJ
ftr-441	2286	20	status	status	NOUN
ftr-441	2286	21	and	and	CCONJ
ftr-441	2286	22	to	to	PART
ftr-441	2286	23	be	be	AUX
ftr-441	2286	24	taxed	tax	VERB
ftr-441	2286	25	under	under	ADP
ftr-441	2286	26	the	the	DET
ftr-441	2286	27	default	default	NOUN
ftr-441	2286	28	conduit	conduit	NOUN
ftr-441	2286	29	system	system	NOUN
ftr-441	2286	30	.	.	PUNCT
ftr-441	2287	1	under	under	ADP
ftr-441	2287	2	the	the	DET
ftr-441	2287	3	default	default	NOUN
ftr-441	2287	4	system	system	NOUN
ftr-441	2287	5	,	,	PUNCT
ftr-441	2287	6	the	the	DET
ftr-441	2287	7	firm	firm	NOUN
ftr-441	2287	8	makes	make	VERB
ftr-441	2287	9	a	a	DET
ftr-441	2287	10	section	section	NOUN
ftr-441	2287	11	754	754	NUM
ftr-441	2287	12	election	election	NOUN
ftr-441	2287	13	which	which	PRON
ftr-441	2287	14	provides	provide	VERB
ftr-441	2287	15	c	c	NOUN
ftr-441	2287	16	with	with	ADP
ftr-441	2287	17	a	a	DET
ftr-441	2287	18	special	special	ADJ
ftr-441	2287	19	basis	basis	NOUN
ftr-441	2287	20	adjustment	adjustment	NOUN
ftr-441	2287	21	in	in	ADP
ftr-441	2287	22	the	the	DET
ftr-441	2287	23	ordinary	ordinary	ADJ
ftr-441	2287	24	income	income	NOUN
ftr-441	2287	25	asset	asset	NOUN
ftr-441	2287	26	of	of	ADP
ftr-441	2287	27	the	the	DET
ftr-441	2287	28	firm	firm	NOUN
ftr-441	2287	29	to	to	PART
ftr-441	2287	30	reflect	reflect	VERB
ftr-441	2287	31	the	the	DET
ftr-441	2287	32	gain	gain	NOUN
ftr-441	2287	33	recognized	recognize	VERB
ftr-441	2287	34	by	by	ADP
ftr-441	2287	35	b	b	PROPN
ftr-441	2287	36	on	on	ADP
ftr-441	2287	37	the	the	DET
ftr-441	2287	38	sale	sale	NOUN
ftr-441	2287	39	.	.	PUNCT
ftr-441	2288	1	as	as	ADP
ftr-441	2288	2	a	a	DET
ftr-441	2288	3	result	result	NOUN
ftr-441	2288	4	,	,	PUNCT
ftr-441	2288	5	b	b	NOUN
ftr-441	2288	6	's	's	PART
ftr-441	2288	7	ordinary	ordinary	ADJ
ftr-441	2288	8	income	income	NOUN
ftr-441	2288	9	liability	liability	NOUN
ftr-441	2288	10	is	be	AUX
ftr-441	2288	11	lost	lose	VERB
ftr-441	2288	12	forever	forever	ADV
ftr-441	2288	13	;	;	PUNCT
ftr-441	2288	14	it	it	PRON
ftr-441	2288	15	is	be	AUX
ftr-441	2288	16	not	not	PART
ftr-441	2288	17	recognized	recognize	VERB
ftr-441	2288	18	by	by	ADP
ftr-441	2288	19	b	b	NOUN
ftr-441	2288	20	on	on	ADP
ftr-441	2288	21	the	the	DET
ftr-441	2288	22	sale	sale	NOUN
ftr-441	2288	23	nor	nor	CCONJ
ftr-441	2288	24	will	will	AUX
ftr-441	2288	25	it	it	PRON
ftr-441	2288	26	be	be	AUX
ftr-441	2288	27	recognized	recognize	VERB
ftr-441	2288	28	by	by	ADP
ftr-441	2288	29	c	c	PROPN
ftr-441	2288	30	in	in	ADP
ftr-441	2288	31	the	the	DET
ftr-441	2288	32	future	future	NOUN
ftr-441	2288	33	.	.	PUNCT
ftr-441	2289	1	the	the	DET
ftr-441	2289	2	precise	precise	ADJ
ftr-441	2289	3	tax	tax	NOUN
ftr-441	2289	4	consequences	consequence	NOUN
ftr-441	2289	5	of	of	ADP
ftr-441	2289	6	private	private	ADJ
ftr-441	2289	7	firms	firm	NOUN
ftr-441	2289	8	changing	change	VERB
ftr-441	2289	9	tax	tax	NOUN
ftr-441	2289	10	systems	system	NOUN
ftr-441	2289	11	under	under	ADP
ftr-441	2289	12	the	the	DET
ftr-441	2289	13	proposal	proposal	NOUN
ftr-441	2289	14	are	be	AUX
ftr-441	2289	15	somewhat	somewhat	ADV
ftr-441	2289	16	up	up	ADP
ftr-441	2289	17	in	in	ADP
ftr-441	2289	18	the	the	DET
ftr-441	2289	19	air	air	NOUN
ftr-441	2289	20	as	as	ADV
ftr-441	2289	21	long	long	ADV
ftr-441	2289	22	as	as	SCONJ
ftr-441	2289	23	all	all	PRON
ftr-441	2289	24	of	of	ADP
ftr-441	2289	25	the	the	DET
ftr-441	2289	26	details	detail	NOUN
ftr-441	2289	27	of	of	ADP
ftr-441	2289	28	the	the	DET
ftr-441	2289	29	spbf	spbf	NOUN
ftr-441	2289	30	and	and	CCONJ
ftr-441	2289	31	default	default	NOUN
ftr-441	2289	32	conduit	conduit	NOUN
ftr-441	2289	33	systems	system	NOUN
ftr-441	2289	34	remain	remain	VERB
ftr-441	2289	35	unsettled	unsettled	ADJ
ftr-441	2289	36	.	.	PUNCT
ftr-441	2290	1	however	however	ADV
ftr-441	2290	2	,	,	PUNCT
ftr-441	2290	3	the	the	DET
ftr-441	2290	4	result	result	NOUN
ftr-441	2290	5	under	under	ADP
ftr-441	2290	6	example	example	NOUN
ftr-441	2290	7	10	10	NUM
ftr-441	2290	8	should	should	AUX
ftr-441	2290	9	not	not	PART
ftr-441	2290	10	be	be	AUX
ftr-441	2290	11	permitted	permit	VERB
ftr-441	2290	12	.	.	PUNCT
ftr-441	2291	1	in	in	ADP
ftr-441	2291	2	general	general	ADJ
ftr-441	2291	3	,	,	PUNCT
ftr-441	2291	4	firms	firm	NOUN
ftr-441	2291	5	would	would	AUX
ftr-441	2291	6	be	be	AUX
ftr-441	2291	7	entitled	entitle	VERB
ftr-441	2291	8	to	to	ADP
ftr-441	2291	9	the	the	DET
ftr-441	2291	10	benefits	benefit	NOUN
ftr-441	2291	11	of	of	ADP
ftr-441	2291	12	the	the	DET
ftr-441	2291	13	default	default	NOUN
ftr-441	2291	14	system	system	NOUN
ftr-441	2291	15	only	only	ADV
ftr-441	2291	16	if	if	SCONJ
ftr-441	2291	17	they	they	PRON
ftr-441	2291	18	are	be	AUX
ftr-441	2291	19	fully	fully	ADV
ftr-441	2291	20	subject	subject	ADJ
ftr-441	2291	21	to	to	ADP
ftr-441	2291	22	the	the	DET
ftr-441	2291	23	antiabuse	antiabuse	ADJ
ftr-441	2291	24	protections	protection	NOUN
ftr-441	2291	25	of	of	ADP
ftr-441	2291	26	that	that	DET
ftr-441	2291	27	system	system	NOUN
ftr-441	2291	28	.	.	PUNCT
ftr-441	2292	1	7	7	X
ftr-441	2292	2	.	.	X
ftr-441	2292	3	transitional	transitional	ADJ
ftr-441	2292	4	considerations.-this	considerations.-this	PROPN
ftr-441	2292	5	section	section	NOUN
ftr-441	2292	6	will	will	AUX
ftr-441	2292	7	briefly	briefly	ADV
ftr-441	2292	8	discuss	discuss	VERB
ftr-441	2292	9	some	some	DET
ftr-441	2292	10	transitional	transitional	ADJ
ftr-441	2292	11	considerations	consideration	NOUN
ftr-441	2292	12	to	to	PART
ftr-441	2292	13	bridge	bridge	VERB
ftr-441	2292	14	the	the	DET
ftr-441	2292	15	gap	gap	NOUN
ftr-441	2292	16	between	between	ADP
ftr-441	2292	17	current	current	ADJ
ftr-441	2292	18	law	law	NOUN
ftr-441	2292	19	and	and	CCONJ
ftr-441	2292	20	the	the	DET
ftr-441	2292	21	proposals	proposal	NOUN
ftr-441	2292	22	presented	present	VERB
ftr-441	2292	23	in	in	ADP
ftr-441	2292	24	this	this	DET
ftr-441	2292	25	article	article	NOUN
ftr-441	2292	26	.	.	PUNCT
ftr-441	2293	1	to	to	PART
ftr-441	2293	2	help	help	VERB
ftr-441	2293	3	explain	explain	VERB
ftr-441	2293	4	the	the	DET
ftr-441	2293	5	development	development	NOUN
ftr-441	2293	6	of	of	ADP
ftr-441	2293	7	the	the	DET
ftr-441	2293	8	concepts	concept	NOUN
ftr-441	2293	9	,	,	PUNCT
ftr-441	2293	10	this	this	DET
ftr-441	2293	11	article	article	NOUN
ftr-441	2293	12	has	have	AUX
ftr-441	2293	13	generally	generally	ADV
ftr-441	2293	14	described	describe	VERB
ftr-441	2293	15	the	the	DET
ftr-441	2293	16	spbf	spbf	NOUN
ftr-441	2293	17	and	and	CCONJ
ftr-441	2293	18	default	default	NOUN
ftr-441	2293	19	version	version	NOUN
ftr-441	2293	20	of	of	ADP
ftr-441	2293	21	conduit	conduit	NOUN
ftr-441	2293	22	taxation	taxation	NOUN
ftr-441	2293	23	as	as	ADP
ftr-441	2293	24	brand	brand	NOUN
ftr-441	2293	25	-	-	PUNCT
ftr-441	2293	26	new	new	ADJ
ftr-441	2293	27	operating	operating	NOUN
ftr-441	2293	28	rule	rule	NOUN
ftr-441	2293	29	systems	system	NOUN
ftr-441	2293	30	.	.	PUNCT
ftr-441	2294	1	in	in	ADP
ftr-441	2294	2	fact	fact	NOUN
ftr-441	2294	3	,	,	PUNCT
ftr-441	2294	4	however	however	ADV
ftr-441	2294	5	,	,	PUNCT
ftr-441	2294	6	the	the	DET
ftr-441	2294	7	spbf	spbf	ADJ
ftr-441	2294	8	system	system	NOUN
ftr-441	2294	9	is	be	AUX
ftr-441	2294	10	very	very	ADV
ftr-441	2294	11	similar	similar	ADJ
ftr-441	2294	12	to	to	ADP
ftr-441	2294	13	existing	exist	VERB
ftr-441	2294	14	subchapter	subchapter	NOUN
ftr-441	2294	15	s	s	NOUN
ftr-441	2294	16	and	and	CCONJ
ftr-441	2294	17	the	the	DET
ftr-441	2294	18	default	default	NOUN
ftr-441	2294	19	system	system	NOUN
ftr-441	2294	20	should	should	AUX
ftr-441	2294	21	be	be	AUX
ftr-441	2294	22	similar	similar	ADJ
ftr-441	2294	23	to	to	ADP
ftr-441	2294	24	[	[	X
ftr-441	2294	25	vol	vol	X
ftr-441	2294	26	4:3	4:3	NUM
ftr-441	2294	27	the	the	DET
ftr-441	2294	28	future	future	ADJ
ftr-441	2294	29	taxation	taxation	NOUN
ftr-441	2294	30	of	of	ADP
ftr-441	2294	31	private	private	ADJ
ftr-441	2294	32	business	business	NOUN
ftr-441	2294	33	firns	firn	NOUN
ftr-441	2294	34	existing	exist	VERB
ftr-441	2294	35	subchapter	subchapter	NOUN
ftr-441	2294	36	k.	k.	PROPN
ftr-441	2295	1	thus	thus	ADV
ftr-441	2295	2	,	,	PUNCT
ftr-441	2295	3	existing	exist	VERB
ftr-441	2295	4	firms	firm	NOUN
ftr-441	2295	5	subject	subject	ADJ
ftr-441	2295	6	to	to	ADP
ftr-441	2295	7	either	either	DET
ftr-441	2295	8	subchapter	subchapter	NOUN
ftr-441	2295	9	k	k	PROPN
ftr-441	2295	10	or	or	CCONJ
ftr-441	2295	11	s	s	PROPN
ftr-441	2295	12	should	should	AUX
ftr-441	2295	13	have	have	VERB
ftr-441	2295	14	little	little	ADJ
ftr-441	2295	15	difficulty	difficulty	NOUN
ftr-441	2295	16	making	make	VERB
ftr-441	2295	17	the	the	DET
ftr-441	2295	18	transition	transition	NOUN
ftr-441	2295	19	to	to	ADP
ftr-441	2295	20	the	the	DET
ftr-441	2295	21	world	world	NOUN
ftr-441	2295	22	presented	present	VERB
ftr-441	2295	23	by	by	ADP
ftr-441	2295	24	these	these	DET
ftr-441	2295	25	proposals	proposal	NOUN
ftr-441	2295	26	.	.	PUNCT
ftr-441	2296	1	upon	upon	SCONJ
ftr-441	2296	2	adoption	adoption	NOUN
ftr-441	2296	3	of	of	ADP
ftr-441	2296	4	these	these	DET
ftr-441	2296	5	proposals	proposal	NOUN
ftr-441	2296	6	,	,	PUNCT
ftr-441	2296	7	the	the	DET
ftr-441	2296	8	firms	firm	NOUN
ftr-441	2296	9	will	will	AUX
ftr-441	2296	10	simply	simply	ADV
ftr-441	2296	11	be	be	AUX
ftr-441	2296	12	taxed	tax	VERB
ftr-441	2296	13	under	under	ADP
ftr-441	2296	14	slightly	slightly	ADV
ftr-441	2296	15	amended	amend	VERB
ftr-441	2296	16	versions	version	NOUN
ftr-441	2296	17	of	of	ADP
ftr-441	2296	18	those	those	DET
ftr-441	2296	19	subchapters	subchapter	NOUN
ftr-441	2296	20	.	.	PUNCT
ftr-441	2297	1	private	private	ADJ
ftr-441	2297	2	firms	firm	NOUN
ftr-441	2297	3	currently	currently	ADV
ftr-441	2297	4	taxed	tax	VERB
ftr-441	2297	5	under	under	ADP
ftr-441	2297	6	subchapter	subchapter	NOUN
ftr-441	2297	7	c	c	NOUN
ftr-441	2297	8	,	,	PUNCT
ftr-441	2297	9	however	however	ADV
ftr-441	2297	10	,	,	PUNCT
ftr-441	2297	11	face	face	VERB
ftr-441	2297	12	a	a	DET
ftr-441	2297	13	significant	significant	ADJ
ftr-441	2297	14	transitional	transitional	ADJ
ftr-441	2297	15	problem	problem	NOUN
ftr-441	2297	16	because	because	SCONJ
ftr-441	2297	17	that	that	DET
ftr-441	2297	18	subchapter	subchapter	NOUN
ftr-441	2297	19	would	would	AUX
ftr-441	2297	20	no	no	ADV
ftr-441	2297	21	longer	long	ADV
ftr-441	2297	22	be	be	AUX
ftr-441	2297	23	available	available	ADJ
ftr-441	2297	24	to	to	ADP
ftr-441	2297	25	such	such	ADJ
ftr-441	2297	26	firms	firm	NOUN
ftr-441	2297	27	once	once	SCONJ
ftr-441	2297	28	the	the	DET
ftr-441	2297	29	proposals	proposal	NOUN
ftr-441	2297	30	are	be	AUX
ftr-441	2297	31	adopted	adopt	VERB
ftr-441	2297	32	.	.	PUNCT
ftr-441	2298	1	moreover	moreover	ADV
ftr-441	2298	2	,	,	PUNCT
ftr-441	2298	3	the	the	DET
ftr-441	2298	4	normal	normal	ADJ
ftr-441	2298	5	consequence	consequence	NOUN
ftr-441	2298	6	of	of	ADP
ftr-441	2298	7	the	the	DET
ftr-441	2298	8	conversion	conversion	NOUN
ftr-441	2298	9	of	of	ADP
ftr-441	2298	10	a	a	DET
ftr-441	2298	11	subchapter	subchapter	NOUN
ftr-441	2298	12	c	c	NOUN
ftr-441	2298	13	firm	firm	NOUN
ftr-441	2298	14	to	to	ADP
ftr-441	2298	15	one	one	NUM
ftr-441	2298	16	taxed	tax	VERB
ftr-441	2298	17	under	under	ADP
ftr-441	2298	18	a	a	DET
ftr-441	2298	19	conduit	conduit	NOUN
ftr-441	2298	20	tax	tax	NOUN
ftr-441	2298	21	system	system	NOUN
ftr-441	2298	22	is	be	AUX
ftr-441	2298	23	a	a	DET
ftr-441	2298	24	taxable	taxable	ADJ
ftr-441	2298	25	liquidation	liquidation	NOUN
ftr-441	2298	26	of	of	ADP
ftr-441	2298	27	the	the	DET
ftr-441	2298	28	former	former	NOUN
ftr-441	2298	29	.	.	PUNCT
ftr-441	2299	1	it	it	PRON
ftr-441	2299	2	seems	seem	VERB
ftr-441	2299	3	unlikely	unlikely	ADJ
ftr-441	2299	4	that	that	SCONJ
ftr-441	2299	5	forcing	force	VERB
ftr-441	2299	6	all	all	DET
ftr-441	2299	7	existing	exist	VERB
ftr-441	2299	8	private	private	ADJ
ftr-441	2299	9	c	c	NOUN
ftr-441	2299	10	corporations	corporation	NOUN
ftr-441	2299	11	to	to	PART
ftr-441	2299	12	liquidate	liquidate	VERB
ftr-441	2299	13	in	in	ADP
ftr-441	2299	14	a	a	DET
ftr-441	2299	15	taxable	taxable	ADJ
ftr-441	2299	16	manner	manner	NOUN
ftr-441	2299	17	upon	upon	SCONJ
ftr-441	2299	18	adoption	adoption	NOUN
ftr-441	2299	19	of	of	ADP
ftr-441	2299	20	the	the	DET
ftr-441	2299	21	proposals	proposal	NOUN
ftr-441	2299	22	would	would	AUX
ftr-441	2299	23	either	either	CCONJ
ftr-441	2299	24	be	be	AUX
ftr-441	2299	25	appropriate	appropriate	ADJ
ftr-441	2299	26	from	from	ADP
ftr-441	2299	27	a	a	DET
ftr-441	2299	28	policy	policy	NOUN
ftr-441	2299	29	standpoint	standpoint	NOUN
ftr-441	2299	30	or	or	CCONJ
ftr-441	2299	31	feasible	feasible	ADJ
ftr-441	2299	32	politically	politically	ADV
ftr-441	2299	33	.	.	PUNCT
ftr-441	2300	1	the	the	DET
ftr-441	2300	2	transitional	transitional	ADJ
ftr-441	2300	3	alternatives	alternative	NOUN
ftr-441	2300	4	to	to	ADP
ftr-441	2300	5	an	an	DET
ftr-441	2300	6	immediate	immediate	ADJ
ftr-441	2300	7	taxable	taxable	ADJ
ftr-441	2300	8	liquidation	liquidation	NOUN
ftr-441	2300	9	of	of	ADP
ftr-441	2300	10	private	private	ADJ
ftr-441	2300	11	c	c	PROPN
ftr-441	2300	12	corporations	corporation	NOUN
ftr-441	2300	13	run	run	VERB
ftr-441	2300	14	the	the	DET
ftr-441	2300	15	gamut	gamut	NOUN
ftr-441	2300	16	from	from	ADP
ftr-441	2300	17	(	(	PUNCT
ftr-441	2300	18	1	1	X
ftr-441	2300	19	)	)	PUNCT
ftr-441	2300	20	a	a	DET
ftr-441	2300	21	permanent	permanent	ADJ
ftr-441	2300	22	grandfather	grandfather	NOUN
ftr-441	2300	23	of	of	ADP
ftr-441	2300	24	all	all	DET
ftr-441	2300	25	existing	exist	VERB
ftr-441	2300	26	private	private	ADJ
ftr-441	2300	27	c	c	NOUN
ftr-441	2300	28	corporations	corporation	NOUN
ftr-441	2300	29	;	;	PUNCT
ftr-441	2300	30	(	(	PUNCT
ftr-441	2300	31	2	2	X
ftr-441	2300	32	)	)	PUNCT
ftr-441	2300	33	a	a	DET
ftr-441	2300	34	temporary	temporary	ADJ
ftr-441	2300	35	grandfather	grandfather	ADJ
ftr-441	2300	36	period	period	NOUN
ftr-441	2300	37	during	during	ADP
ftr-441	2300	38	which	which	PRON
ftr-441	2300	39	a	a	DET
ftr-441	2300	40	liquidation	liquidation	NOUN
ftr-441	2300	41	must	must	AUX
ftr-441	2300	42	take	take	VERB
ftr-441	2300	43	place	place	NOUN
ftr-441	2300	44	;	;	PUNCT
ftr-441	2300	45	(	(	PUNCT
ftr-441	2300	46	3	3	X
ftr-441	2300	47	)	)	PUNCT
ftr-441	2300	48	an	an	DET
ftr-441	2300	49	immediate	immediate	ADJ
ftr-441	2300	50	or	or	CCONJ
ftr-441	2300	51	deferred	deferred	ADJ
ftr-441	2300	52	liquidation	liquidation	NOUN
ftr-441	2300	53	with	with	ADP
ftr-441	2300	54	resulting	result	VERB
ftr-441	2300	55	tax	tax	NOUN
ftr-441	2300	56	liabilities	liability	NOUN
ftr-441	2300	57	to	to	PART
ftr-441	2300	58	be	be	AUX
ftr-441	2300	59	paid	pay	VERB
ftr-441	2300	60	over	over	ADP
ftr-441	2300	61	an	an	DET
ftr-441	2300	62	extended	extended	ADJ
ftr-441	2300	63	period	period	NOUN
ftr-441	2300	64	of	of	ADP
ftr-441	2300	65	time	time	NOUN
ftr-441	2300	66	,	,	PUNCT
ftr-441	2300	67	or	or	CCONJ
ftr-441	2300	68	with	with	ADP
ftr-441	2300	69	some	some	DET
ftr-441	2300	70	reduction	reduction	NOUN
ftr-441	2300	71	in	in	ADP
ftr-441	2300	72	the	the	DET
ftr-441	2300	73	tax	tax	NOUN
ftr-441	2300	74	liability	liability	NOUN
ftr-441	2300	75	owed;3	owed;3	PRON
ftr-441	2300	76	0	0	PUNCT
ftr-441	2300	77	(	(	PUNCT
ftr-441	2300	78	4	4	X
ftr-441	2300	79	)	)	PUNCT
ftr-441	2300	80	a	a	DET
ftr-441	2300	81	tax	tax	NOUN
ftr-441	2300	82	-	-	PUNCT
ftr-441	2300	83	free	free	ADJ
ftr-441	2300	84	conversion	conversion	NOUN
ftr-441	2300	85	to	to	ADP
ftr-441	2300	86	one	one	NUM
ftr-441	2300	87	of	of	ADP
ftr-441	2300	88	the	the	DET
ftr-441	2300	89	conduit	conduit	NOUN
ftr-441	2300	90	systems	system	NOUN
ftr-441	2300	91	combined	combine	VERB
ftr-441	2300	92	with	with	ADP
ftr-441	2300	93	rules	rule	NOUN
ftr-441	2300	94	such	such	ADJ
ftr-441	2300	95	as	as	ADP
ftr-441	2300	96	sections	section	NOUN
ftr-441	2300	97	1374	1374	NUM
ftr-441	2300	98	and	and	CCONJ
ftr-441	2300	99	1375	1375	NUM
ftr-441	2300	100	to	to	PART
ftr-441	2300	101	preserve	preserve	VERB
ftr-441	2300	102	subchapter	subchapter	NOUN
ftr-441	2300	103	c	c	NOUN
ftr-441	2300	104	gains	gain	NOUN
ftr-441	2300	105	;	;	PUNCT
ftr-441	2300	106	and	and	CCONJ
ftr-441	2300	107	(	(	PUNCT
ftr-441	2300	108	5	5	X
ftr-441	2300	109	)	)	PUNCT
ftr-441	2300	110	a	a	DET
ftr-441	2300	111	tax	tax	NOUN
ftr-441	2300	112	-	-	PUNCT
ftr-441	2300	113	free	free	ADJ
ftr-441	2300	114	conversion	conversion	NOUN
ftr-441	2300	115	with	with	ADP
ftr-441	2300	116	no	no	DET
ftr-441	2300	117	preservation	preservation	NOUN
ftr-441	2300	118	of	of	ADP
ftr-441	2300	119	subchapter	subchapter	NOUN
ftr-441	2300	120	c	c	NOUN
ftr-441	2300	121	gains	gain	NOUN
ftr-441	2300	122	.	.	PUNCT
ftr-441	2301	1	a	a	DET
ftr-441	2301	2	number	number	NOUN
ftr-441	2301	3	of	of	ADP
ftr-441	2301	4	factors	factor	NOUN
ftr-441	2301	5	,	,	PUNCT
ftr-441	2301	6	including	include	VERB
ftr-441	2301	7	political	political	ADJ
ftr-441	2301	8	considerations	consideration	NOUN
ftr-441	2301	9	,	,	PUNCT
ftr-441	2301	10	will	will	AUX
ftr-441	2301	11	help	help	VERB
ftr-441	2301	12	to	to	PART
ftr-441	2301	13	decide	decide	VERB
ftr-441	2301	14	which	which	PRON
ftr-441	2301	15	if	if	SCONJ
ftr-441	2301	16	any	any	PRON
ftr-441	2301	17	of	of	ADP
ftr-441	2301	18	these	these	DET
ftr-441	2301	19	alternatives	alternative	NOUN
ftr-441	2301	20	should	should	AUX
ftr-441	2301	21	be	be	AUX
ftr-441	2301	22	implemented	implement	VERB
ftr-441	2301	23	.	.	PUNCT
ftr-441	2302	1	v.	v.	CCONJ
ftr-441	2302	2	summ	summ	PROPN
ftr-441	2302	3	ary	ary	PROPN
ftr-441	2302	4	and	and	CCONJ
ftr-441	2302	5	conclusion	conclusion	NOUN
ftr-441	2302	6	as	as	ADP
ftr-441	2302	7	a	a	DET
ftr-441	2302	8	result	result	NOUN
ftr-441	2302	9	of	of	ADP
ftr-441	2302	10	recent	recent	ADJ
ftr-441	2302	11	federal	federal	ADJ
ftr-441	2302	12	and	and	CCONJ
ftr-441	2302	13	state	state	NOUN
ftr-441	2302	14	law	law	NOUN
ftr-441	2302	15	developments	development	NOUN
ftr-441	2302	16	,	,	PUNCT
ftr-441	2302	17	the	the	DET
ftr-441	2302	18	taxation	taxation	NOUN
ftr-441	2302	19	of	of	ADP
ftr-441	2302	20	private	private	ADJ
ftr-441	2302	21	business	business	NOUN
ftr-441	2302	22	firms	firm	NOUN
ftr-441	2302	23	is	be	AUX
ftr-441	2302	24	no	no	ADV
ftr-441	2302	25	longer	long	ADV
ftr-441	2302	26	rational	rational	ADJ
ftr-441	2302	27	.	.	PUNCT
ftr-441	2303	1	existing	exist	VERB
ftr-441	2303	2	law	law	NOUN
ftr-441	2303	3	is	be	AUX
ftr-441	2303	4	built	build	VERB
ftr-441	2303	5	upon	upon	SCONJ
ftr-441	2303	6	the	the	DET
ftr-441	2303	7	premise	premise	NOUN
ftr-441	2303	8	that	that	SCONJ
ftr-441	2303	9	business	business	NOUN
ftr-441	2303	10	organizational	organizational	ADJ
ftr-441	2303	11	form	form	NOUN
ftr-441	2303	12	and	and	CCONJ
ftr-441	2303	13	characteristics	characteristic	NOUN
ftr-441	2303	14	are	be	AUX
ftr-441	2303	15	significant	significant	ADJ
ftr-441	2303	16	for	for	ADP
ftr-441	2303	17	tax	tax	NOUN
ftr-441	2303	18	purposes	purpose	NOUN
ftr-441	2303	19	.	.	PUNCT
ftr-441	2304	1	the	the	DET
ftr-441	2304	2	recent	recent	ADJ
ftr-441	2304	3	developments	development	NOUN
ftr-441	2304	4	,	,	PUNCT
ftr-441	2304	5	however	however	ADV
ftr-441	2304	6	,	,	PUNCT
ftr-441	2304	7	contradict	contradict	VERB
ftr-441	2304	8	that	that	DET
ftr-441	2304	9	premise	premise	NOUN
ftr-441	2304	10	.	.	PUNCT
ftr-441	2305	1	consequently	consequently	ADV
ftr-441	2305	2	,	,	PUNCT
ftr-441	2305	3	the	the	DET
ftr-441	2305	4	entire	entire	ADJ
ftr-441	2305	5	scheme	scheme	NOUN
ftr-441	2305	6	of	of	ADP
ftr-441	2305	7	taxing	tax	VERB
ftr-441	2305	8	private	private	ADJ
ftr-441	2305	9	businesses	business	NOUN
ftr-441	2305	10	,	,	PUNCT
ftr-441	2305	11	including	include	VERB
ftr-441	2305	12	the	the	DET
ftr-441	2305	13	current	current	ADJ
ftr-441	2305	14	choices	choice	NOUN
ftr-441	2305	15	of	of	ADP
ftr-441	2305	16	subchapters	subchapter	NOUN
ftr-441	2305	17	c	c	X
ftr-441	2305	18	,	,	PUNCT
ftr-441	2305	19	k	k	NOUN
ftr-441	2305	20	,	,	PUNCT
ftr-441	2305	21	and	and	CCONJ
ftr-441	2305	22	s	s	VERB
ftr-441	2305	23	for	for	ADP
ftr-441	2305	24	many	many	ADJ
ftr-441	2305	25	private	private	ADJ
ftr-441	2305	26	business	business	NOUN
ftr-441	2305	27	firms	firm	NOUN
ftr-441	2305	28	,	,	PUNCT
ftr-441	2305	29	must	must	AUX
ftr-441	2305	30	be	be	AUX
ftr-441	2305	31	rethought	rethink	VERB
ftr-441	2305	32	.	.	PUNCT
ftr-441	2306	1	this	this	DET
ftr-441	2306	2	article	article	NOUN
ftr-441	2306	3	suggests	suggest	VERB
ftr-441	2306	4	that	that	SCONJ
ftr-441	2306	5	in	in	ADP
ftr-441	2306	6	the	the	DET
ftr-441	2306	7	future	future	NOUN
ftr-441	2306	8	,	,	PUNCT
ftr-441	2306	9	all	all	DET
ftr-441	2306	10	private	private	ADJ
ftr-441	2306	11	firms	firm	NOUN
ftr-441	2306	12	should	should	AUX
ftr-441	2306	13	be	be	AUX
ftr-441	2306	14	taxed	tax	VERB
ftr-441	2306	15	as	as	ADP
ftr-441	2306	16	conduits	conduit	NOUN
ftr-441	2306	17	.	.	PUNCT
ftr-441	2307	1	under	under	ADP
ftr-441	2307	2	conduit	conduit	NOUN
ftr-441	2307	3	taxation	taxation	NOUN
ftr-441	2307	4	,	,	PUNCT
ftr-441	2307	5	the	the	DET
ftr-441	2307	6	firm	firm	NOUN
ftr-441	2307	7	is	be	AUX
ftr-441	2307	8	not	not	PART
ftr-441	2307	9	taxed	tax	VERB
ftr-441	2307	10	but	but	CCONJ
ftr-441	2307	11	the	the	DET
ftr-441	2307	12	owners	owner	NOUN
ftr-441	2307	13	of	of	ADP
ftr-441	2307	14	the	the	DET
ftr-441	2307	15	firm	firm	NOUN
ftr-441	2307	16	are	be	AUX
ftr-441	2307	17	.	.	PUNCT
ftr-441	2308	1	although	although	SCONJ
ftr-441	2308	2	conduit	conduit	NOUN
ftr-441	2308	3	taxation	taxation	NOUN
ftr-441	2308	4	is	be	AUX
ftr-441	2308	5	flawed	flawed	ADJ
ftr-441	2308	6	in	in	ADP
ftr-441	2308	7	important	important	ADJ
ftr-441	2308	8	respects	respect	NOUN
ftr-441	2308	9	and	and	CCONJ
ftr-441	2308	10	is	be	AUX
ftr-441	2308	11	extremely	extremely	ADV
ftr-441	2308	12	complicated	complicated	ADJ
ftr-441	2308	13	to	to	PART
ftr-441	2308	14	implement	implement	VERB
ftr-441	2308	15	,	,	PUNCT
ftr-441	2308	16	the	the	DET
ftr-441	2308	17	alternative	alternative	NOUN
ftr-441	2308	18	of	of	ADP
ftr-441	2308	19	taxing	tax	VERB
ftr-441	2308	20	the	the	DET
ftr-441	2308	21	firm	firm	NOUN
ftr-441	2308	22	and	and	CCONJ
ftr-441	2308	23	not	not	PART
ftr-441	2308	24	the	the	DET
ftr-441	2308	25	owners	owner	NOUN
ftr-441	2308	26	may	may	AUX
ftr-441	2308	27	not	not	PART
ftr-441	2308	28	be	be	AUX
ftr-441	2308	29	any	any	ADV
ftr-441	2308	30	better	well	ADJ
ftr-441	2308	31	.	.	PUNCT
ftr-441	2309	1	further	far	ADV
ftr-441	2309	2	,	,	PUNCT
ftr-441	2309	3	an	an	DET
ftr-441	2309	4	entity	entity	NOUN
ftr-441	2309	5	tax	tax	NOUN
ftr-441	2309	6	310	310	NUM
ftr-441	2309	7	.	.	PUNCT
ftr-441	2310	1	for	for	ADP
ftr-441	2310	2	example	example	NOUN
ftr-441	2310	3	,	,	PUNCT
ftr-441	2310	4	any	any	DET
ftr-441	2310	5	resulting	result	VERB
ftr-441	2310	6	gains	gain	NOUN
ftr-441	2310	7	might	might	AUX
ftr-441	2310	8	be	be	AUX
ftr-441	2310	9	taxable	taxable	ADJ
ftr-441	2310	10	at	at	ADP
ftr-441	2310	11	a	a	DET
ftr-441	2310	12	special	special	ADJ
ftr-441	2310	13	low	low	ADJ
ftr-441	2310	14	rate	rate	NOUN
ftr-441	2310	15	of	of	ADP
ftr-441	2310	16	tax	tax	NOUN
ftr-441	2310	17	,	,	PUNCT
ftr-441	2310	18	or	or	CCONJ
ftr-441	2310	19	some	some	DET
ftr-441	2310	20	portion	portion	NOUN
ftr-441	2310	21	of	of	ADP
ftr-441	2310	22	the	the	DET
ftr-441	2310	23	gains	gain	NOUN
ftr-441	2310	24	might	might	AUX
ftr-441	2310	25	be	be	AUX
ftr-441	2310	26	exempted	exempt	VERB
ftr-441	2310	27	from	from	ADP
ftr-441	2310	28	tax	tax	NOUN
ftr-441	2310	29	altogether	altogether	ADV
ftr-441	2310	30	.	.	PUNCT
ftr-441	2311	1	this	this	DET
ftr-441	2311	2	option	option	NOUN
ftr-441	2311	3	might	might	AUX
ftr-441	2311	4	be	be	AUX
ftr-441	2311	5	justified	justify	VERB
ftr-441	2311	6	on	on	ADP
ftr-441	2311	7	the	the	DET
ftr-441	2311	8	basis	basis	NOUN
ftr-441	2311	9	that	that	SCONJ
ftr-441	2311	10	most	most	ADJ
ftr-441	2311	11	private	private	ADJ
ftr-441	2311	12	c	c	NOUN
ftr-441	2311	13	firms	firm	NOUN
ftr-441	2311	14	do	do	AUX
ftr-441	2311	15	not	not	PART
ftr-441	2311	16	ever	ever	ADV
ftr-441	2311	17	incur	incur	VERB
ftr-441	2311	18	a	a	DET
ftr-441	2311	19	full	full	ADJ
ftr-441	2311	20	double	double	ADJ
ftr-441	2311	21	tax	tax	NOUN
ftr-441	2311	22	on	on	ADP
ftr-441	2311	23	their	their	PRON
ftr-441	2311	24	income	income	NOUN
ftr-441	2311	25	.	.	PUNCT
ftr-441	2312	1	1999	1999	NUM
ftr-441	2312	2	]	]	PUNCT
ftr-441	2313	1	248	248	NUM
ftr-441	2313	2	florida	florida	PROPN
ftr-441	2313	3	tax	tax	NOUN
ftr-441	2313	4	review	review	NOUN
ftr-441	2313	5	[	[	X
ftr-441	2313	6	vol	vol	NOUN
ftr-441	2313	7	.	.	PUNCT
ftr-441	2313	8	4:3	4:3	NUM
ftr-441	2313	9	scheme	scheme	NOUN
ftr-441	2313	10	would	would	AUX
ftr-441	2313	11	present	present	VERB
ftr-441	2313	12	greater	great	ADJ
ftr-441	2313	13	transitional	transitional	ADJ
ftr-441	2313	14	problems	problem	NOUN
ftr-441	2313	15	than	than	ADP
ftr-441	2313	16	widespread	widespread	ADJ
ftr-441	2313	17	adoption	adoption	NOUN
ftr-441	2313	18	of	of	ADP
ftr-441	2313	19	conduit	conduit	NOUN
ftr-441	2313	20	taxation	taxation	NOUN
ftr-441	2313	21	.	.	PUNCT
ftr-441	2314	1	because	because	SCONJ
ftr-441	2314	2	conduit	conduit	NOUN
ftr-441	2314	3	taxation	taxation	NOUN
ftr-441	2314	4	is	be	AUX
ftr-441	2314	5	so	so	ADV
ftr-441	2314	6	difficult	difficult	ADJ
ftr-441	2314	7	,	,	PUNCT
ftr-441	2314	8	this	this	DET
ftr-441	2314	9	article	article	NOUN
ftr-441	2314	10	further	far	ADV
ftr-441	2314	11	suggests	suggest	VERB
ftr-441	2314	12	that	that	SCONJ
ftr-441	2314	13	it	it	PRON
ftr-441	2314	14	should	should	AUX
ftr-441	2314	15	be	be	AUX
ftr-441	2314	16	implemented	implement	VERB
ftr-441	2314	17	in	in	ADP
ftr-441	2314	18	two	two	NUM
ftr-441	2314	19	versions	version	NOUN
ftr-441	2314	20	.	.	PUNCT
ftr-441	2315	1	one	one	NUM
ftr-441	2315	2	version	version	NOUN
ftr-441	2315	3	-	-	PUNCT
ftr-441	2315	4	a	a	DET
ftr-441	2315	5	reformed	reform	VERB
ftr-441	2315	6	subchapter	subchapter	NOUN
ftr-441	2315	7	k	k	NOUN
ftr-441	2315	8	-	-	PUNCT
ftr-441	2315	9	should	should	AUX
ftr-441	2315	10	concentrate	concentrate	VERB
ftr-441	2315	11	on	on	ADP
ftr-441	2315	12	providing	provide	VERB
ftr-441	2315	13	as	as	ADP
ftr-441	2315	14	precisely	precisely	ADV
ftr-441	2315	15	correct	correct	ADJ
ftr-441	2315	16	conduit	conduit	NOUN
ftr-441	2315	17	tax	tax	NOUN
ftr-441	2315	18	results	result	NOUN
ftr-441	2315	19	as	as	ADP
ftr-441	2315	20	possible	possible	ADJ
ftr-441	2315	21	,	,	PUNCT
ftr-441	2315	22	even	even	ADV
ftr-441	2315	23	at	at	ADP
ftr-441	2315	24	the	the	DET
ftr-441	2315	25	cost	cost	NOUN
ftr-441	2315	26	,	,	PUNCT
ftr-441	2315	27	if	if	SCONJ
ftr-441	2315	28	necessary	necessary	ADJ
ftr-441	2315	29	,	,	PUNCT
ftr-441	2315	30	of	of	ADP
ftr-441	2315	31	some	some	DET
ftr-441	2315	32	additional	additional	ADJ
ftr-441	2315	33	complication	complication	NOUN
ftr-441	2315	34	.	.	PUNCT
ftr-441	2316	1	the	the	DET
ftr-441	2316	2	other	other	ADJ
ftr-441	2316	3	version	version	NOUN
ftr-441	2316	4	-	-	PUNCT
ftr-441	2316	5	a	a	DET
ftr-441	2316	6	liberalized	liberalize	VERB
ftr-441	2316	7	subchapter	subchapter	NOUN
ftr-441	2316	8	s	s	NOUN
ftr-441	2316	9	-	-	PUNCT
ftr-441	2316	10	should	should	AUX
ftr-441	2316	11	focus	focus	VERB
ftr-441	2316	12	on	on	ADP
ftr-441	2316	13	providing	provide	VERB
ftr-441	2316	14	as	as	ADV
ftr-441	2316	15	administrable	administrable	ADJ
ftr-441	2316	16	a	a	DET
ftr-441	2316	17	set	set	NOUN
ftr-441	2316	18	of	of	ADP
ftr-441	2316	19	conduit	conduit	NOUN
ftr-441	2316	20	rules	rule	NOUN
ftr-441	2316	21	as	as	ADP
ftr-441	2316	22	possible	possible	ADJ
ftr-441	2316	23	with	with	ADP
ftr-441	2316	24	some	some	DET
ftr-441	2316	25	concession	concession	NOUN
ftr-441	2316	26	,	,	PUNCT
ftr-441	2316	27	if	if	SCONJ
ftr-441	2316	28	necessary	necessary	ADJ
ftr-441	2316	29	,	,	PUNCT
ftr-441	2316	30	to	to	PART
ftr-441	2316	31	not	not	PART
ftr-441	2316	32	achieving	achieve	VERB
ftr-441	2316	33	the	the	DET
ftr-441	2316	34	correct	correct	ADJ
ftr-441	2316	35	outcome	outcome	NOUN
ftr-441	2316	36	in	in	ADP
ftr-441	2316	37	all	all	DET
ftr-441	2316	38	cases	case	NOUN
ftr-441	2316	39	.	.	PUNCT
ftr-441	2317	1	because	because	SCONJ
ftr-441	2317	2	the	the	DET
ftr-441	2317	3	simplified	simplified	ADJ
ftr-441	2317	4	conduit	conduit	NOUN
ftr-441	2317	5	version	version	NOUN
ftr-441	2317	6	would	would	AUX
ftr-441	2317	7	be	be	AUX
ftr-441	2317	8	elective	elective	ADJ
ftr-441	2317	9	to	to	ADP
ftr-441	2317	10	qualifying	qualify	VERB
ftr-441	2317	11	firms	firm	NOUN
ftr-441	2317	12	,	,	PUNCT
ftr-441	2317	13	careful	careful	ADJ
ftr-441	2317	14	consideration	consideration	NOUN
ftr-441	2317	15	of	of	ADP
ftr-441	2317	16	the	the	DET
ftr-441	2317	17	substantive	substantive	ADJ
ftr-441	2317	18	tax	tax	NOUN
ftr-441	2317	19	outcomes	outcome	NOUN
ftr-441	2317	20	under	under	ADP
ftr-441	2317	21	the	the	DET
ftr-441	2317	22	two	two	NUM
ftr-441	2317	23	versions	version	NOUN
ftr-441	2317	24	must	must	AUX
ftr-441	2317	25	be	be	AUX
ftr-441	2317	26	given	give	VERB
ftr-441	2317	27	to	to	PART
ftr-441	2317	28	insure	insure	VERB
ftr-441	2317	29	the	the	DET
ftr-441	2317	30	continuing	continue	VERB
ftr-441	2317	31	appeal	appeal	NOUN
ftr-441	2317	32	of	of	ADP
ftr-441	2317	33	the	the	DET
ftr-441	2317	34	simplified	simplified	ADJ
ftr-441	2317	35	version	version	NOUN
ftr-441	2317	36	.	.	PUNCT