id	sid	tid	token	lemma	pos
ftr-463	1	1	florida	florida	PROPN
ftr-463	1	2	tax	tax	PROPN
ftr-463	1	3	review	review	NOUN
ftr-463	1	4	volume	volume	NOUN
ftr-463	1	5	3	3	NUM
ftr-463	1	6	1996	1996	NUM
ftr-463	1	7	number	number	NOUN
ftr-463	1	8	5	5	NUM
ftr-463	1	9	the	the	DET
ftr-463	1	10	devolution	devolution	NOUN
ftr-463	1	11	and	and	CCONJ
ftr-463	1	12	inevitable	inevitable	ADJ
ftr-463	1	13	extinction	extinction	NOUN
ftr-463	1	14	of	of	ADP
ftr-463	1	15	the	the	DET
ftr-463	1	16	continuity	continuity	NOUN
ftr-463	1	17	of	of	ADP
ftr-463	1	18	interest	interest	NOUN
ftr-463	1	19	doctrine	doctrine	PROPN
ftr-463	1	20	david	david	PROPN
ftr-463	1	21	s.	s.	PROPN
ftr-463	1	22	miller	miller	PROPN
ftr-463	1	23	"	"	PUNCT
ftr-463	1	24	i.	i.	PROPN
ftr-463	1	25	introduction	introduction	NOUN
ftr-463	1	26	................................	................................	PUNCT
ftr-463	1	27	189	189	NUM
ftr-463	1	28	ii	ii	NOUN
ftr-463	1	29	.	.	PUNCT
ftr-463	2	1	the	the	DET
ftr-463	2	2	pure	pure	ADJ
ftr-463	2	3	past	past	NOUN
ftr-463	2	4	but	but	CCONJ
ftr-463	2	5	sordid	sordid	VERB
ftr-463	2	6	history	history	NOUN
ftr-463	2	7	of	of	ADP
ftr-463	2	8	the	the	DET
ftr-463	2	9	continuity	continuity	NOUN
ftr-463	2	10	of	of	ADP
ftr-463	2	11	interest	interest	NOUN
ftr-463	2	12	doctrine	doctrine	NOUN
ftr-463	2	13	................	................	PUNCT
ftr-463	2	14	191	191	NUM
ftr-463	2	15	a.	a.	NOUN
ftr-463	2	16	the	the	DET
ftr-463	2	17	birth	birth	NOUN
ftr-463	2	18	of	of	ADP
ftr-463	2	19	the	the	DET
ftr-463	2	20	reorganization	reorganization	NOUN
ftr-463	2	21	provisions	provision	NOUN
ftr-463	2	22	.......	.......	PUNCT
ftr-463	2	23	192	192	NUM
ftr-463	2	24	b.	b.	X
ftr-463	2	25	the	the	DET
ftr-463	2	26	original	original	ADJ
ftr-463	2	27	continuity	continuity	NOUN
ftr-463	2	28	of	of	ADP
ftr-463	2	29	interest	interest	NOUN
ftr-463	2	30	doctrine	doctrine	NOUN
ftr-463	2	31	......	......	PUNCT
ftr-463	2	32	195	195	NUM
ftr-463	2	33	c.	c.	NOUN
ftr-463	2	34	the	the	DET
ftr-463	2	35	statuton	statuton	NOUN
ftr-463	2	36	'	'	PART
ftr-463	2	37	continuiti	continuiti	NOUN
ftr-463	2	38	,	,	PUNCT
ftr-463	2	39	of	of	ADP
ftr-463	2	40	interest	interest	NOUN
ftr-463	2	41	doctrine	doctrine	NOUN
ftr-463	2	42	......	......	PUNCT
ftr-463	2	43	198	198	NUM
ftr-463	2	44	d.	d.	NOUN
ftr-463	2	45	the	the	DET
ftr-463	2	46	deadwood	deadwood	PROPN
ftr-463	2	47	decisions	decision	NOUN
ftr-463	2	48	:	:	PUNCT
ftr-463	2	49	post1934	post1934	NOUN
ftr-463	2	50	cases	case	VERB
ftr-463	2	51	interpreting	interpret	VERB
ftr-463	2	52	pre-1934	pre-1934	NOUN
ftr-463	2	53	law	law	NOUN
ftr-463	2	54	....................	....................	PUNCT
ftr-463	3	1	201	201	NUM
ftr-463	3	2	e.	e.	PROPN
ftr-463	3	3	resurrection	resurrection	PROPN
ftr-463	3	4	:	:	PUNCT
ftr-463	3	5	the	the	DET
ftr-463	3	6	emergence	emergence	NOUN
ftr-463	3	7	of	of	ADP
ftr-463	3	8	a	a	DET
ftr-463	3	9	new	new	ADJ
ftr-463	3	10	judicial	judicial	ADJ
ftr-463	3	11	continuity	continuity	NOUN
ftr-463	3	12	of	of	ADP
ftr-463	3	13	iterest	iter	ADJ
ftr-463	3	14	doctrine	doctrine	NOUN
ftr-463	3	15	................	................	PUNCT
ftr-463	3	16	205	205	NUM
ftr-463	3	17	iii	iii	NOUN
ftr-463	3	18	.	.	PUNCT
ftr-463	4	1	the	the	DET
ftr-463	4	2	new	new	ADJ
ftr-463	4	3	judicial	judicial	ADJ
ftr-463	4	4	continuity	continuity	NOUN
ftr-463	4	5	of	of	ADP
ftr-463	4	6	interest	interest	NOUN
ftr-463	4	7	doctrine	doctrine	NOUN
ftr-463	4	8	in	in	ADP
ftr-463	4	9	full	full	ADJ
ftr-463	4	10	bloom	bloom	NOUN
ftr-463	4	11	...............................	...............................	PUNCT
ftr-463	4	12	207	207	NUM
ftr-463	4	13	a.	a.	NOUN
ftr-463	4	14	expansion	expansion	NOUN
ftr-463	4	15	of	of	ADP
ftr-463	4	16	the	the	DET
ftr-463	4	17	continuity	continuity	NOUN
ftr-463	4	18	doctrine	doctrine	NOUN
ftr-463	4	19	beyond	beyond	ADP
ftr-463	4	20	the	the	DET
ftr-463	4	21	original	original	ADJ
ftr-463	4	22	parenthetical	parenthetical	NOUN
ftr-463	4	23	...................	...................	PUNCT
ftr-463	4	24	208	208	NUM
ftr-463	4	25	1	1	NUM
ftr-463	4	26	.	.	PUNCT
ftr-463	5	1	d	d	NOUN
ftr-463	5	2	reorganizations	reorganization	NOUN
ftr-463	5	3	...................	...................	PUNCT
ftr-463	6	1	209	209	NUM
ftr-463	6	2	2	2	NUM
ftr-463	6	3	.	.	PUNCT
ftr-463	6	4	section	section	NOUN
ftr-463	6	5	355	355	NUM
ftr-463	6	6	........................	........................	PUNCT
ftr-463	6	7	210	210	NUM
ftr-463	6	8	3	3	NUM
ftr-463	6	9	.	.	PUNCT
ftr-463	7	1	f	f	PROPN
ftr-463	7	2	reorganizations	reorganization	NOUN
ftr-463	7	3	...................	...................	PUNCT
ftr-463	8	1	212	212	NUM
ftr-463	8	2	b.	b.	NOUN
ftr-463	8	3	remote	remote	ADJ
ftr-463	8	4	continuity	continuity	NOUN
ftr-463	8	5	..........................	..........................	PUNCT
ftr-463	8	6	214	214	NUM
ftr-463	8	7	c.	c.	PROPN
ftr-463	8	8	post	post	ADJ
ftr-463	8	9	-	-	ADJ
ftr-463	8	10	reorganization	reorganization	ADJ
ftr-463	8	11	target	target	NOUN
ftr-463	8	12	shareholder	shareholder	NOUN
ftr-463	8	13	conduct	conduct	NOUN
ftr-463	8	14	.	.	PUNCT
ftr-463	9	1	..	..	PUNCT
ftr-463	10	1	218	218	NUM
ftr-463	10	2	d.	d.	PROPN
ftr-463	10	3	double	double	PROPN
ftr-463	10	4	duty	duty	NOUN
ftr-463	10	5	-	-	PUNCT
ftr-463	10	6	the	the	DET
ftr-463	10	7	application	application	NOUN
ftr-463	10	8	of	of	ADP
ftr-463	10	9	the	the	DET
ftr-463	10	10	continuity	continuity	NOUN
ftr-463	10	11	of	of	ADP
ftr-463	10	12	interest	interest	NOUN
ftr-463	10	13	doctrine	doctrine	NOUN
ftr-463	10	14	to	to	ADP
ftr-463	10	15	integrated	integrate	VERB
ftr-463	10	16	asset	asset	NOUN
ftr-463	10	17	purchases	purchase	NOUN
ftr-463	10	18	....	....	PUNCT
ftr-463	10	19	222	222	NUM
ftr-463	10	20	e.	e.	NOUN
ftr-463	10	21	the	the	DET
ftr-463	10	22	specter	specter	NOUN
ftr-463	10	23	of	of	ADP
ftr-463	10	24	historic	historic	ADJ
ftr-463	10	25	shareholder	shareholder	NOUN
ftr-463	10	26	continuity	continuity	NOUN
ftr-463	10	27	....	....	PUNCT
ftr-463	11	1	226	226	NUM
ftr-463	11	2	iv	iv	NOUN
ftr-463	11	3	.	.	PUNCT
ftr-463	12	1	the	the	DET
ftr-463	12	2	decline	decline	NOUN
ftr-463	12	3	of	of	ADP
ftr-463	12	4	the	the	DET
ftr-463	12	5	continuity	continuity	NOUN
ftr-463	12	6	of	of	ADP
ftr-463	12	7	interest	interest	NOUN
ftr-463	12	8	doctrine	doctrine	NOUN
ftr-463	12	9	....................................	....................................	PUNCT
ftr-463	12	10	230	230	NUM
ftr-463	12	11	a.	a.	NOUN
ftr-463	12	12	limitations	limitation	NOUN
ftr-463	12	13	on	on	ADP
ftr-463	12	14	remote	remote	ADJ
ftr-463	12	15	continuit	continuit	NOUN
ftr-463	12	16	.	.	PUNCT
ftr-463	13	1	...............	...............	PUNCT
ftr-463	14	1	230	230	NUM
ftr-463	14	2	*	*	PUNCT
ftr-463	14	3	associate	associate	NOUN
ftr-463	14	4	,	,	PUNCT
ftr-463	14	5	cadwalader	cadwalader	NOUN
ftr-463	14	6	,	,	PUNCT
ftr-463	14	7	wickersham	wickersham	PROPN
ftr-463	14	8	&	&	CCONJ
ftr-463	14	9	taft	taft	PROPN
ftr-463	14	10	.	.	PUNCT
ftr-463	15	1	new	new	PROPN
ftr-463	15	2	york	york	PROPN
ftr-463	15	3	,	,	PUNCT
ftr-463	15	4	new	new	PROPN
ftr-463	15	5	york	york	PROPN
ftr-463	15	6	;	;	PUNCT
ftr-463	15	7	b.a	b.a	PROPN
ftr-463	15	8	.	.	PROPN
ftr-463	15	9	,	,	PUNCT
ftr-463	15	10	1986	1986	NUM
ftr-463	15	11	,	,	PUNCT
ftr-463	15	12	university	university	NOUN
ftr-463	15	13	of	of	ADP
ftr-463	15	14	pennsylvania	pennsylvania	PROPN
ftr-463	15	15	;	;	PUNCT
ftr-463	15	16	j.d	j.d	PROPN
ftr-463	15	17	.	.	PROPN
ftr-463	15	18	,	,	PUNCT
ftr-463	15	19	1989	1989	NUM
ftr-463	15	20	,	,	PUNCT
ftr-463	15	21	columbia	columbia	PROPN
ftr-463	15	22	university	university	NOUN
ftr-463	15	23	:	:	PUNCT
ftr-463	15	24	ll.m	ll.m	NUM
ftr-463	15	25	.	.	PUNCT
ftr-463	16	1	(	(	PUNCT
ftr-463	16	2	taxation	taxation	NOUN
ftr-463	16	3	)	)	PUNCT
ftr-463	16	4	.	.	PUNCT
ftr-463	17	1	1994	1994	NUM
ftr-463	17	2	.	.	PUNCT
ftr-463	18	1	new	new	PROPN
ftr-463	18	2	york	york	PROPN
ftr-463	18	3	university	university	PROPN
ftr-463	18	4	school	school	NOUN
ftr-463	18	5	of	of	ADP
ftr-463	18	6	law	law	NOUN
ftr-463	18	7	.	.	PUNCT
ftr-463	19	1	the	the	DET
ftr-463	19	2	author	author	NOUN
ftr-463	19	3	thanks	thanks	PROPN
ftr-463	19	4	david	david	PROPN
ftr-463	19	5	w.	w.	PROPN
ftr-463	19	6	feeney	feeney	PROPN
ftr-463	19	7	for	for	ADP
ftr-463	19	8	his	his	PRON
ftr-463	19	9	comments	comment	NOUN
ftr-463	19	10	on	on	ADP
ftr-463	19	11	a	a	DET
ftr-463	19	12	previous	previous	ADJ
ftr-463	19	13	draft	draft	NOUN
ftr-463	19	14	of	of	ADP
ftr-463	19	15	this	this	DET
ftr-463	19	16	article	article	NOUN
ftr-463	19	17	.	.	PUNCT
ftr-463	20	1	florida	florida	PROPN
ftr-463	20	2	tax	tax	PROPN
ftr-463	20	3	review	review	PROPN
ftr-463	20	4	b.	b.	PROPN
ftr-463	20	5	the	the	DET
ftr-463	20	6	all	all	PRON
ftr-463	20	7	but	but	CCONJ
ftr-463	20	8	elimination	elimination	NOUN
ftr-463	20	9	of	of	ADP
ftr-463	20	10	continuity	continuity	NOUN
ftr-463	20	11	from	from	ADP
ftr-463	20	12	section	section	NOUN
ftr-463	20	13	338	338	NUM
ftr-463	20	14	integrated	integrate	VERB
ftr-463	20	15	transactions	transaction	NOUN
ftr-463	20	16	............	............	PUNCT
ftr-463	20	17	231	231	NUM
ftr-463	20	18	c.	c.	NOUN
ftr-463	20	19	continuity	continuity	NOUN
ftr-463	20	20	without	without	ADP
ftr-463	20	21	stock	stock	NOUN
ftr-463	20	22	....................	....................	PUNCT
ftr-463	21	1	239	239	NUM
ftr-463	21	2	v.	v.	ADP
ftr-463	21	3	the	the	DET
ftr-463	21	4	end	end	NOUN
ftr-463	21	5	of	of	ADP
ftr-463	21	6	continuity	continuity	NOUN
ftr-463	21	7	as	as	SCONJ
ftr-463	21	8	we	we	PRON
ftr-463	21	9	know	know	VERB
ftr-463	21	10	it	it	PRON
ftr-463	21	11	...........	...........	PUNCT
ftr-463	22	1	241	241	NUM
ftr-463	22	2	a.	a.	NOUN
ftr-463	22	3	the	the	DET
ftr-463	22	4	consequences	consequence	NOUN
ftr-463	22	5	of	of	ADP
ftr-463	22	6	continuity	continuity	NOUN
ftr-463	22	7	...............	...............	PUNCT
ftr-463	23	1	241	241	NUM
ftr-463	23	2	1	1	X
ftr-463	23	3	.	.	PUNCT
ftr-463	23	4	abuse	abuse	NOUN
ftr-463	23	5	potential	potential	NOUN
ftr-463	23	6	.....................	.....................	PUNCT
ftr-463	23	7	241	241	NUM
ftr-463	23	8	2	2	X
ftr-463	23	9	.	.	X
ftr-463	23	10	unadministrability	unadministrability	NOUN
ftr-463	23	11	...................	...................	PUNCT
ftr-463	24	1	243	243	NUM
ftr-463	24	2	3	3	X
ftr-463	24	3	.	.	PUNCT
ftr-463	24	4	economic	economic	ADJ
ftr-463	24	5	inefficiency	inefficiency	NOUN
ftr-463	24	6	.................	.................	PUNCT
ftr-463	24	7	243	243	NUM
ftr-463	24	8	4	4	NUM
ftr-463	24	9	.	.	PUNCT
ftr-463	24	10	unfairness	unfairness	NOUN
ftr-463	24	11	.........................	.........................	PUNCT
ftr-463	24	12	244	244	NUM
ftr-463	24	13	5	5	NUM
ftr-463	24	14	.	.	PUNCT
ftr-463	25	1	uncertainty	uncertainty	NOUN
ftr-463	25	2	........................	........................	PUNCT
ftr-463	26	1	244	244	NUM
ftr-463	26	2	6	6	NUM
ftr-463	26	3	.	.	PUNCT
ftr-463	27	1	inconsistent	inconsistent	ADJ
ftr-463	27	2	and	and	CCONJ
ftr-463	27	3	anomalous	anomalous	ADJ
ftr-463	27	4	treatment	treatment	NOUN
ftr-463	27	5	.....	.....	PUNCT
ftr-463	27	6	245	245	NUM
ftr-463	27	7	7	7	NUM
ftr-463	27	8	.	.	PUNCT
ftr-463	27	9	inconsistency	inconsistency	NOUN
ftr-463	27	10	with	with	ADP
ftr-463	27	11	the	the	DET
ftr-463	27	12	tax	tax	NOUN
ftr-463	27	13	policies	policy	NOUN
ftr-463	27	14	of	of	ADP
ftr-463	27	15	nonrecognition	nonrecognition	NOUN
ftr-463	27	16	.....................	.....................	PUNCT
ftr-463	28	1	246	246	NUM
ftr-463	28	2	b.	b.	NOUN
ftr-463	28	3	constructing	construct	VERB
ftr-463	28	4	a	a	DET
ftr-463	28	5	valid	valid	ADJ
ftr-463	28	6	policy	policy	NOUN
ftr-463	28	7	for	for	ADP
ftr-463	28	8	a	a	DET
ftr-463	28	9	strong	strong	ADJ
ftr-463	28	10	form	form	NOUN
ftr-463	28	11	of	of	ADP
ftr-463	28	12	continuity	continuity	NOUN
ftr-463	28	13	.............................	.............................	PUNCT
ftr-463	28	14	248	248	NUM
ftr-463	28	15	c.	c.	NOUN
ftr-463	28	16	alternative	alternative	ADJ
ftr-463	28	17	conceptions	conception	NOUN
ftr-463	28	18	of	of	ADP
ftr-463	28	19	continuity	continuity	NOUN
ftr-463	28	20	...........	...........	PUNCT
ftr-463	28	21	250	250	NUM
ftr-463	28	22	1	1	NUM
ftr-463	28	23	.	.	PUNCT
ftr-463	29	1	the	the	DET
ftr-463	29	2	corporate	corporate	ADJ
ftr-463	29	3	lawyers	lawyer	NOUN
ftr-463	29	4	'	'	PART
ftr-463	29	5	approach	approach	NOUN
ftr-463	29	6	of	of	ADP
ftr-463	29	7	ginsburg	ginsburg	PROPN
ftr-463	29	8	&	&	CCONJ
ftr-463	29	9	levin	levin	PROPN
ftr-463	29	10	...................	...................	PROPN
ftr-463	30	1	250	250	NUM
ftr-463	30	2	2	2	NUM
ftr-463	30	3	.	.	PUNCT
ftr-463	30	4	continuity	continuity	NOUN
ftr-463	30	5	as	as	ADP
ftr-463	30	6	an	an	DET
ftr-463	30	7	anti	anti	ADJ
ftr-463	30	8	-	-	ADJ
ftr-463	30	9	abuse	abuse	ADJ
ftr-463	30	10	rule	rule	NOUN
ftr-463	30	11	.........	.........	PUNCT
ftr-463	30	12	251	251	NUM
ftr-463	30	13	3	3	X
ftr-463	30	14	.	.	PUNCT
ftr-463	31	1	bifurcation	bifurcation	NOUN
ftr-463	31	2	........................	........................	PUNCT
ftr-463	32	1	252	252	NUM
ftr-463	32	2	4	4	NUM
ftr-463	32	3	.	.	PUNCT
ftr-463	32	4	restricted	restrict	VERB
ftr-463	32	5	scope	scope	NOUN
ftr-463	32	6	....................	....................	PUNCT
ftr-463	32	7	252	252	NUM
ftr-463	32	8	5	5	NUM
ftr-463	32	9	.	.	PUNCT
ftr-463	32	10	objective	objective	ADJ
ftr-463	32	11	continuity	continuity	NOUN
ftr-463	32	12	test	test	NOUN
ftr-463	32	13	determined	determine	VERB
ftr-463	32	14	exclusively	exclusively	ADV
ftr-463	32	15	at	at	ADP
ftr-463	32	16	the	the	DET
ftr-463	32	17	corporate	corporate	ADJ
ftr-463	32	18	level	level	NOUN
ftr-463	32	19	........	........	PUNCT
ftr-463	32	20	254	254	NUM
ftr-463	32	21	vi	vi	NOUN
ftr-463	32	22	.	.	PUNCT
ftr-463	32	23	conclusion	conclusion	NOUN
ftr-463	32	24	..................................	..................................	PUNCT
ftr-463	33	1	257	257	NUM
ftr-463	33	2	[	[	X
ftr-463	33	3	vol	vol	NOUN
ftr-463	33	4	.	.	PUNCT
ftr-463	33	5	3:5	3:5	NUM
ftr-463	33	6	1996	1996	NUM
ftr-463	33	7	]	]	PUNCT
ftr-463	33	8	devolution	devolution	NOUN
ftr-463	33	9	&	&	CCONJ
ftr-463	33	10	inevitable	inevitable	ADJ
ftr-463	33	11	extinction	extinction	NOUN
ftr-463	33	12	of	of	ADP
ftr-463	33	13	the	the	DET
ftr-463	33	14	continuity	continuity	NOUN
ftr-463	33	15	of	of	ADP
ftr-463	33	16	interest	interest	NOUN
ftr-463	33	17	doctrine	doctrine	NOUN
ftr-463	33	18	189	189	NUM
ftr-463	33	19	i.	i.	NOUN
ftr-463	33	20	introduction	introduction	NOUN
ftr-463	33	21	the	the	DET
ftr-463	33	22	continuity	continuity	NOUN
ftr-463	33	23	of	of	ADP
ftr-463	33	24	interest	interest	NOUN
ftr-463	33	25	doctrine	doctrine	NOUN
ftr-463	33	26	,	,	PUNCT
ftr-463	33	27	in	in	ADP
ftr-463	33	28	its	its	PRON
ftr-463	33	29	present	present	ADJ
ftr-463	33	30	form	form	NOUN
ftr-463	33	31	,	,	PUNCT
ftr-463	33	32	is	be	AUX
ftr-463	33	33	the	the	DET
ftr-463	33	34	extrastatutory	extrastatutory	ADJ
ftr-463	33	35	requirement	requirement	NOUN
ftr-463	33	36	that	that	SCONJ
ftr-463	33	37	the	the	DET
ftr-463	33	38	historic	historic	ADJ
ftr-463	33	39	shareholders	shareholder	NOUN
ftr-463	33	40	of	of	ADP
ftr-463	33	41	a	a	DET
ftr-463	33	42	target	target	NOUN
ftr-463	33	43	company	company	NOUN
ftr-463	33	44	must	must	AUX
ftr-463	33	45	retain	retain	VERB
ftr-463	33	46	a	a	DET
ftr-463	33	47	quantum	quantum	NOUN
ftr-463	33	48	of	of	ADP
ftr-463	33	49	equity	equity	NOUN
ftr-463	33	50	interest	interest	NOUN
ftr-463	33	51	in	in	ADP
ftr-463	33	52	the	the	DET
ftr-463	33	53	acquiror	acquiror	NOUN
ftr-463	33	54	in	in	ADP
ftr-463	33	55	order	order	NOUN
ftr-463	33	56	for	for	ADP
ftr-463	33	57	an	an	DET
ftr-463	33	58	acquisition	acquisition	NOUN
ftr-463	33	59	to	to	PART
ftr-463	33	60	qualify	qualify	VERB
ftr-463	33	61	as	as	ADP
ftr-463	33	62	a	a	DET
ftr-463	33	63	reorganization	reorganization	NOUN
ftr-463	33	64	entitled	entitle	VERB
ftr-463	33	65	to	to	ADP
ftr-463	33	66	tax	tax	NOUN
ftr-463	33	67	-	-	PUNCT
ftr-463	33	68	free	free	ADJ
ftr-463	33	69	treatment	treatment	NOUN
ftr-463	33	70	.	.	PUNCT
ftr-463	34	1	if	if	SCONJ
ftr-463	34	2	sufficient	sufficient	ADJ
ftr-463	34	3	stock	stock	NOUN
ftr-463	34	4	of	of	ADP
ftr-463	34	5	the	the	DET
ftr-463	34	6	acquiror	acquiror	NOUN
ftr-463	34	7	is	be	AUX
ftr-463	34	8	not	not	PART
ftr-463	34	9	retained	retain	VERB
ftr-463	34	10	by	by	ADP
ftr-463	34	11	the	the	DET
ftr-463	34	12	target	target	NOUN
ftr-463	34	13	's	's	PART
ftr-463	34	14	shareholders	shareholder	NOUN
ftr-463	34	15	for	for	ADP
ftr-463	34	16	a	a	DET
ftr-463	34	17	long	long	ADJ
ftr-463	34	18	enough	enough	ADJ
ftr-463	34	19	period	period	NOUN
ftr-463	34	20	,	,	PUNCT
ftr-463	34	21	the	the	DET
ftr-463	34	22	transaction	transaction	NOUN
ftr-463	34	23	is	be	AUX
ftr-463	34	24	not	not	PART
ftr-463	34	25	a	a	DET
ftr-463	34	26	tax	tax	NOUN
ftr-463	34	27	-	-	PUNCT
ftr-463	34	28	free	free	ADJ
ftr-463	34	29	reorganization	reorganization	NOUN
ftr-463	34	30	,	,	PUNCT
ftr-463	34	31	and	and	CCONJ
ftr-463	34	32	the	the	DET
ftr-463	34	33	target	target	NOUN
ftr-463	34	34	corporation	corporation	NOUN
ftr-463	34	35	and	and	CCONJ
ftr-463	34	36	target	target	VERB
ftr-463	34	37	shareholders	shareholder	NOUN
ftr-463	34	38	(	(	PUNCT
ftr-463	34	39	including	include	VERB
ftr-463	34	40	those	those	PRON
ftr-463	34	41	that	that	PRON
ftr-463	34	42	did	do	AUX
ftr-463	34	43	retain	retain	VERB
ftr-463	34	44	the	the	DET
ftr-463	34	45	acquiror	acquiror	NOUN
ftr-463	34	46	's	's	PART
ftr-463	34	47	stock	stock	NOUN
ftr-463	34	48	)	)	PUNCT
ftr-463	34	49	are	be	AUX
ftr-463	34	50	subject	subject	ADJ
ftr-463	34	51	to	to	ADP
ftr-463	34	52	tax	tax	NOUN
ftr-463	34	53	on	on	ADP
ftr-463	34	54	their	their	PRON
ftr-463	34	55	gains	gain	NOUN
ftr-463	34	56	.	.	PUNCT
ftr-463	35	1	on	on	ADP
ftr-463	35	2	the	the	DET
ftr-463	35	3	other	other	ADJ
ftr-463	35	4	hand	hand	NOUN
ftr-463	35	5	,	,	PUNCT
ftr-463	35	6	because	because	SCONJ
ftr-463	35	7	the	the	DET
ftr-463	35	8	doctrine	doctrine	NOUN
ftr-463	35	9	is	be	AUX
ftr-463	35	10	not	not	PART
ftr-463	35	11	an	an	DET
ftr-463	35	12	anti	anti	ADJ
ftr-463	35	13	-	-	ADJ
ftr-463	35	14	abuse	abuse	ADJ
ftr-463	35	15	rule	rule	NOUN
ftr-463	35	16	,	,	PUNCT
ftr-463	35	17	if	if	SCONJ
ftr-463	35	18	the	the	DET
ftr-463	35	19	continuity	continuity	NOUN
ftr-463	35	20	of	of	ADP
ftr-463	35	21	interest	interest	NOUN
ftr-463	35	22	requirement	requirement	NOUN
ftr-463	35	23	is	be	AUX
ftr-463	35	24	not	not	PART
ftr-463	35	25	met	meet	VERB
ftr-463	35	26	,	,	PUNCT
ftr-463	35	27	the	the	DET
ftr-463	35	28	target	target	NOUN
ftr-463	35	29	and	and	CCONJ
ftr-463	35	30	its	its	PRON
ftr-463	35	31	shareholders	shareholder	NOUN
ftr-463	35	32	are	be	AUX
ftr-463	35	33	entitled	entitle	VERB
ftr-463	35	34	to	to	PART
ftr-463	35	35	recognize	recognize	VERB
ftr-463	35	36	any	any	DET
ftr-463	35	37	loss	loss	NOUN
ftr-463	35	38	on	on	ADP
ftr-463	35	39	the	the	DET
ftr-463	35	40	transaction	transaction	NOUN
ftr-463	35	41	.	.	PUNCT
ftr-463	36	1	this	this	DET
ftr-463	36	2	summary	summary	NOUN
ftr-463	36	3	of	of	ADP
ftr-463	36	4	the	the	DET
ftr-463	36	5	doctrine	doctrine	NOUN
ftr-463	36	6	and	and	CCONJ
ftr-463	36	7	its	its	PRON
ftr-463	36	8	consequences	consequence	NOUN
ftr-463	36	9	is	be	AUX
ftr-463	36	10	,	,	PUNCT
ftr-463	36	11	of	of	ADP
ftr-463	36	12	course	course	NOUN
ftr-463	36	13	,	,	PUNCT
ftr-463	36	14	greatly	greatly	ADV
ftr-463	36	15	simplified	simplified	ADJ
ftr-463	36	16	.	.	PUNCT
ftr-463	37	1	every	every	DET
ftr-463	37	2	aspect	aspect	NOUN
ftr-463	37	3	of	of	ADP
ftr-463	37	4	the	the	DET
ftr-463	37	5	continuity	continuity	NOUN
ftr-463	37	6	of	of	ADP
ftr-463	37	7	interest	interest	NOUN
ftr-463	37	8	doctrine	doctrine	NOUN
ftr-463	37	9	carries	carry	VERB
ftr-463	37	10	with	with	ADP
ftr-463	37	11	it	it	PRON
ftr-463	37	12	a	a	DET
ftr-463	37	13	formidable	formidable	ADJ
ftr-463	37	14	array	array	NOUN
ftr-463	37	15	of	of	ADP
ftr-463	37	16	complex	complex	ADJ
ftr-463	37	17	issues	issue	NOUN
ftr-463	37	18	.	.	PUNCT
ftr-463	38	1	for	for	ADP
ftr-463	38	2	example	example	NOUN
ftr-463	38	3	,	,	PUNCT
ftr-463	38	4	for	for	ADP
ftr-463	38	5	how	how	SCONJ
ftr-463	38	6	long	long	ADV
ftr-463	38	7	must	must	AUX
ftr-463	38	8	the	the	DET
ftr-463	38	9	target	target	NOUN
ftr-463	38	10	's	's	PART
ftr-463	38	11	shareholders	shareholder	NOUN
ftr-463	38	12	have	have	AUX
ftr-463	38	13	held	hold	VERB
ftr-463	38	14	their	their	PRON
ftr-463	38	15	stock	stock	NOUN
ftr-463	38	16	to	to	PART
ftr-463	38	17	be	be	AUX
ftr-463	38	18	considered	consider	VERB
ftr-463	38	19	"	"	PUNCT
ftr-463	38	20	historic	historic	ADJ
ftr-463	38	21	"	"	PUNCT
ftr-463	38	22	shareholders	shareholder	NOUN
ftr-463	38	23	?	?	PUNCT
ftr-463	39	1	what	what	DET
ftr-463	39	2	types	type	NOUN
ftr-463	39	3	of	of	ADP
ftr-463	39	4	interests	interest	NOUN
ftr-463	39	5	in	in	ADP
ftr-463	39	6	the	the	DET
ftr-463	39	7	target	target	NOUN
ftr-463	39	8	qualify	qualify	VERB
ftr-463	39	9	as	as	ADP
ftr-463	39	10	equity	equity	NOUN
ftr-463	39	11	for	for	ADP
ftr-463	39	12	purposes	purpose	NOUN
ftr-463	39	13	of	of	ADP
ftr-463	39	14	the	the	DET
ftr-463	39	15	test	test	NOUN
ftr-463	39	16	?	?	PUNCT
ftr-463	40	1	what	what	DET
ftr-463	40	2	type	type	NOUN
ftr-463	40	3	and	and	CCONJ
ftr-463	40	4	quantum	quantum	NOUN
ftr-463	40	5	of	of	ADP
ftr-463	40	6	continuing	continue	VERB
ftr-463	40	7	interest	interest	NOUN
ftr-463	40	8	in	in	ADP
ftr-463	40	9	the	the	DET
ftr-463	40	10	acquiror	acquiror	NOUN
ftr-463	40	11	is	be	AUX
ftr-463	40	12	required	require	VERB
ftr-463	40	13	,	,	PUNCT
ftr-463	40	14	and	and	CCONJ
ftr-463	40	15	for	for	ADP
ftr-463	40	16	how	how	SCONJ
ftr-463	40	17	long	long	ADJ
ftr-463	40	18	and	and	CCONJ
ftr-463	40	19	in	in	ADP
ftr-463	40	20	what	what	DET
ftr-463	40	21	form	form	NOUN
ftr-463	40	22	must	must	AUX
ftr-463	40	23	it	it	PRON
ftr-463	40	24	be	be	AUX
ftr-463	40	25	retained	retain	VERB
ftr-463	40	26	?	?	PUNCT
ftr-463	40	27	'	'	PUNCT
ftr-463	40	28	some	some	PRON
ftr-463	40	29	of	of	ADP
ftr-463	40	30	these	these	DET
ftr-463	40	31	questions	question	NOUN
ftr-463	40	32	have	have	AUX
ftr-463	40	33	recently	recently	ADV
ftr-463	40	34	attracted	attract	VERB
ftr-463	40	35	significant	significant	ADJ
ftr-463	40	36	attention	attention	NOUN
ftr-463	40	37	as	as	ADP
ftr-463	40	38	a	a	DET
ftr-463	40	39	result	result	NOUN
ftr-463	40	40	of	of	ADP
ftr-463	40	41	a	a	DET
ftr-463	40	42	tax	tax	NOUN
ftr-463	40	43	court	court	NOUN
ftr-463	40	44	case	case	NOUN
ftr-463	40	45	,	,	PUNCT
ftr-463	41	1	j.e	j.e	PROPN
ftr-463	41	2	.	.	PROPN
ftr-463	41	3	seagram	seagram	PROPN
ftr-463	41	4	corp	corp	PROPN
ftr-463	41	5	.	.	PROPN
ftr-463	42	1	v.	v.	ADP
ftr-463	42	2	commissioner,2	commissioner,2	NOUN
ftr-463	42	3	newly	newly	ADV
ftr-463	42	4	issued	issue	VERB
ftr-463	42	5	regulations	regulation	NOUN
ftr-463	42	6	under	under	ADP
ftr-463	42	7	section	section	NOUN
ftr-463	42	8	338	338	NUM
ftr-463	42	9	,	,	PUNCT
ftr-463	42	10	'	'	PUNCT
ftr-463	42	11	and	and	CCONJ
ftr-463	42	12	an	an	DET
ftr-463	42	13	announcement	announcement	NOUN
ftr-463	42	14	that	that	SCONJ
ftr-463	42	15	the	the	DET
ftr-463	42	16	internal	internal	ADJ
ftr-463	42	17	revenue	revenue	NOUN
ftr-463	42	18	service	service	NOUN
ftr-463	42	19	is	be	AUX
ftr-463	42	20	considering	consider	VERB
ftr-463	42	21	a	a	DET
ftr-463	42	22	comprehensive	comprehensive	ADJ
ftr-463	42	23	reassessment	reassessment	NOUN
ftr-463	42	24	of	of	ADP
ftr-463	42	25	the	the	DET
ftr-463	42	26	doctrine.4	doctrine.4	PROPN
ftr-463	42	27	this	this	DET
ftr-463	42	28	article	article	NOUN
ftr-463	42	29	does	do	AUX
ftr-463	42	30	not	not	PART
ftr-463	42	31	attempt	attempt	VERB
ftr-463	42	32	to	to	PART
ftr-463	42	33	answer	answer	VERB
ftr-463	42	34	these	these	DET
ftr-463	42	35	metaphysical	metaphysical	ADJ
ftr-463	42	36	questions	question	NOUN
ftr-463	42	37	or	or	CCONJ
ftr-463	42	38	purport	purport	NOUN
ftr-463	42	39	to	to	PART
ftr-463	42	40	assert	assert	VERB
ftr-463	42	41	what	what	PRON
ftr-463	42	42	the	the	DET
ftr-463	42	43	law	law	NOUN
ftr-463	42	44	should	should	AUX
ftr-463	42	45	be	be	AUX
ftr-463	42	46	(	(	PUNCT
ftr-463	42	47	although	although	SCONJ
ftr-463	42	48	a	a	DET
ftr-463	42	49	few	few	ADJ
ftr-463	42	50	suggestions	suggestion	NOUN
ftr-463	42	51	are	be	AUX
ftr-463	42	52	made	make	VERB
ftr-463	42	53	along	along	ADP
ftr-463	42	54	the	the	DET
ftr-463	42	55	way).5	way).5	NOUN
ftr-463	42	56	instead	instead	ADV
ftr-463	42	57	,	,	PUNCT
ftr-463	42	58	the	the	DET
ftr-463	42	59	article	article	NOUN
ftr-463	42	60	makes	make	VERB
ftr-463	42	61	a	a	DET
ftr-463	42	62	simple	simple	ADJ
ftr-463	42	63	prediction	prediction	NOUN
ftr-463	42	64	:	:	PUNCT
ftr-463	42	65	the	the	DET
ftr-463	42	66	1	1	NUM
ftr-463	42	67	.	.	PUNCT
ftr-463	43	1	this	this	DET
ftr-463	43	2	list	list	NOUN
ftr-463	43	3	should	should	AUX
ftr-463	43	4	not	not	PART
ftr-463	43	5	be	be	AUX
ftr-463	43	6	regarded	regard	VERB
ftr-463	43	7	as	as	ADP
ftr-463	43	8	exclusive	exclusive	ADJ
ftr-463	43	9	.	.	PUNCT
ftr-463	44	1	a	a	DET
ftr-463	44	2	fair	fair	ADJ
ftr-463	44	3	measure	measure	NOUN
ftr-463	44	4	of	of	ADP
ftr-463	44	5	the	the	DET
ftr-463	44	6	number	number	NOUN
ftr-463	44	7	and	and	CCONJ
ftr-463	44	8	extent	extent	NOUN
ftr-463	44	9	of	of	ADP
ftr-463	44	10	the	the	DET
ftr-463	44	11	issues	issue	NOUN
ftr-463	44	12	raised	raise	VERB
ftr-463	44	13	by	by	ADP
ftr-463	44	14	the	the	DET
ftr-463	44	15	continuity	continuity	NOUN
ftr-463	44	16	of	of	ADP
ftr-463	44	17	interest	interest	NOUN
ftr-463	44	18	doctrine	doctrine	NOUN
ftr-463	44	19	is	be	AUX
ftr-463	44	20	§	§	PROPN
ftr-463	44	21	610	610	NUM
ftr-463	44	22	of	of	ADP
ftr-463	44	23	martin	martin	PROPN
ftr-463	44	24	d.	d.	PROPN
ftr-463	44	25	ginsburg	ginsburg	PROPN
ftr-463	44	26	&	&	CCONJ
ftr-463	44	27	jack	jack	PROPN
ftr-463	44	28	s.	s.	PROPN
ftr-463	44	29	levin	levin	PROPN
ftr-463	44	30	,	,	PUNCT
ftr-463	44	31	mergers	merger	NOUN
ftr-463	44	32	,	,	PUNCT
ftr-463	44	33	acquisitions	acquisition	NOUN
ftr-463	44	34	and	and	CCONJ
ftr-463	44	35	buyouts	buyout	NOUN
ftr-463	44	36	(	(	PUNCT
ftr-463	44	37	1995	1995	NUM
ftr-463	44	38	)	)	PUNCT
ftr-463	44	39	.	.	PUNCT
ftr-463	45	1	a	a	DET
ftr-463	45	2	comprehensive	comprehensive	ADJ
ftr-463	45	3	study	study	NOUN
ftr-463	45	4	,	,	PUNCT
ftr-463	45	5	which	which	PRON
ftr-463	45	6	devotes	devote	VERB
ftr-463	45	7	75	75	NUM
ftr-463	45	8	pages	page	NOUN
ftr-463	45	9	(	(	PUNCT
ftr-463	45	10	divided	divide	VERB
ftr-463	45	11	into	into	ADP
ftr-463	45	12	15	15	NUM
ftr-463	45	13	separate	separate	ADJ
ftr-463	45	14	sub	sub	NOUN
ftr-463	45	15	-	-	NOUN
ftr-463	45	16	sections	section	NOUN
ftr-463	45	17	)	)	PUNCT
ftr-463	45	18	and	and	CCONJ
ftr-463	45	19	over	over	ADP
ftr-463	45	20	80	80	NUM
ftr-463	45	21	examples	example	NOUN
ftr-463	45	22	to	to	ADP
ftr-463	45	23	the	the	DET
ftr-463	45	24	topic	topic	NOUN
ftr-463	45	25	.	.	PUNCT
ftr-463	46	1	2	2	NUM
ftr-463	46	2	.	.	X
ftr-463	46	3	104	104	NUM
ftr-463	46	4	t.c	t.c	PROPN
ftr-463	46	5	.	.	PROPN
ftr-463	46	6	75	75	NUM
ftr-463	46	7	(	(	PUNCT
ftr-463	46	8	1995	1995	NUM
ftr-463	46	9	)	)	PUNCT
ftr-463	46	10	.	.	PUNCT
ftr-463	47	1	the	the	DET
ftr-463	47	2	case	case	NOUN
ftr-463	47	3	was	be	AUX
ftr-463	47	4	appealed	appeal	VERB
ftr-463	47	5	to	to	ADP
ftr-463	47	6	the	the	DET
ftr-463	47	7	second	second	ADJ
ftr-463	47	8	circuit	circuit	NOUN
ftr-463	47	9	court	court	NOUN
ftr-463	47	10	of	of	ADP
ftr-463	47	11	appeals	appeal	NOUN
ftr-463	47	12	,	,	PUNCT
ftr-463	47	13	but	but	CCONJ
ftr-463	47	14	was	be	AUX
ftr-463	47	15	settled	settle	VERB
ftr-463	47	16	before	before	SCONJ
ftr-463	47	17	that	that	DET
ftr-463	47	18	court	court	NOUN
ftr-463	47	19	made	make	VERB
ftr-463	47	20	its	its	PRON
ftr-463	47	21	decision	decision	NOUN
ftr-463	47	22	.	.	PUNCT
ftr-463	48	1	3	3	X
ftr-463	48	2	.	.	X
ftr-463	48	3	60	60	NUM
ftr-463	48	4	fed	fed	PROPN
ftr-463	48	5	.	.	PUNCT
ftr-463	49	1	reg	reg	PROPN
ftr-463	49	2	.	.	PUNCT
ftr-463	50	1	54942	54942	NUM
ftr-463	50	2	(	(	PUNCT
ftr-463	50	3	1995	1995	NUM
ftr-463	50	4	)	)	PUNCT
ftr-463	50	5	.	.	PUNCT
ftr-463	51	1	4	4	X
ftr-463	51	2	.	.	X
ftr-463	51	3	juliann	juliann	PROPN
ftr-463	51	4	avakian	avakian	PROPN
ftr-463	51	5	martin	martin	PROPN
ftr-463	51	6	,	,	PUNCT
ftr-463	51	7	irs	irs	PROPN
ftr-463	51	8	considers	consider	VERB
ftr-463	51	9	guidance	guidance	NOUN
ftr-463	51	10	on	on	ADP
ftr-463	51	11	postreorganization	postreorganization	NOUN
ftr-463	51	12	sales	sale	NOUN
ftr-463	51	13	and	and	CCONJ
ftr-463	51	14	continuity	continuity	NOUN
ftr-463	51	15	of	of	ADP
ftr-463	51	16	interest	interest	NOUN
ftr-463	51	17	,	,	PUNCT
ftr-463	51	18	96	96	NUM
ftr-463	51	19	tnt	tnt	PROPN
ftr-463	51	20	55	55	NUM
ftr-463	51	21	-	-	SYM
ftr-463	51	22	9	9	NUM
ftr-463	51	23	(	(	PUNCT
ftr-463	51	24	mar	mar	PROPN
ftr-463	51	25	.	.	PROPN
ftr-463	51	26	19	19	NUM
ftr-463	51	27	,	,	PUNCT
ftr-463	51	28	1996	1996	NUM
ftr-463	51	29	)	)	PUNCT
ftr-463	51	30	(	(	PUNCT
ftr-463	51	31	lexis	lexis	X
ftr-463	51	32	,	,	PUNCT
ftr-463	51	33	fedtax	fedtax	NOUN
ftr-463	51	34	library	library	NOUN
ftr-463	51	35	,	,	PUNCT
ftr-463	51	36	tnt	tnt	NOUN
ftr-463	51	37	file	file	NOUN
ftr-463	51	38	)	)	PUNCT
ftr-463	51	39	;	;	PUNCT
ftr-463	51	40	'	'	PUNCT
ftr-463	51	41	seagram	seagram	NOUN
ftr-463	51	42	'	'	PUNCT
ftr-463	51	43	could	could	AUX
ftr-463	51	44	lead	lead	VERB
ftr-463	51	45	to	to	ADP
ftr-463	51	46	re	re	NOUN
ftr-463	51	47	-	-	NOUN
ftr-463	51	48	evaluation	evaluation	NOUN
ftr-463	51	49	of	of	ADP
ftr-463	51	50	continuity	continuity	NOUN
ftr-463	51	51	of	of	ADP
ftr-463	51	52	interest	interest	NOUN
ftr-463	51	53	.	.	PUNCT
ftr-463	52	1	solomon	solomon	PROPN
ftr-463	52	2	says	say	VERB
ftr-463	52	3	,	,	PUNCT
ftr-463	52	4	daily	daily	ADJ
ftr-463	52	5	tax	tax	NOUN
ftr-463	52	6	report	report	NOUN
ftr-463	52	7	(	(	PUNCT
ftr-463	52	8	bna	bna	PROPN
ftr-463	52	9	)	)	PUNCT
ftr-463	52	10	(	(	PUNCT
ftr-463	52	11	nov	nov	PROPN
ftr-463	52	12	.	.	PROPN
ftr-463	52	13	6	6	NUM
ftr-463	52	14	,	,	PUNCT
ftr-463	52	15	1995	1995	NUM
ftr-463	52	16	)	)	PUNCT
ftr-463	52	17	(	(	PUNCT
ftr-463	52	18	lexis	lexis	X
ftr-463	52	19	,	,	PUNCT
ftr-463	52	20	fedtax	fedtax	ADJ
ftr-463	52	21	library	library	NOUN
ftr-463	52	22	.	.	PUNCT
ftr-463	53	1	bnadtr	bnadtr	PROPN
ftr-463	53	2	file	file	NOUN
ftr-463	53	3	)	)	PUNCT
ftr-463	53	4	.	.	PUNCT
ftr-463	54	1	5	5	X
ftr-463	54	2	.	.	X
ftr-463	54	3	one	one	PRON
ftr-463	54	4	could	could	AUX
ftr-463	54	5	fill	fill	VERB
ftr-463	54	6	a	a	DET
ftr-463	54	7	small	small	ADJ
ftr-463	54	8	public	public	ADJ
ftr-463	54	9	library	library	NOUN
ftr-463	54	10	with	with	ADP
ftr-463	54	11	articles	article	NOUN
ftr-463	54	12	and	and	CCONJ
ftr-463	54	13	treatise	treatise	NOUN
ftr-463	54	14	chapters	chapter	NOUN
ftr-463	54	15	devoted	devote	VERB
ftr-463	54	16	to	to	ADP
ftr-463	54	17	either	either	PRON
ftr-463	54	18	or	or	CCONJ
ftr-463	54	19	both	both	PRON
ftr-463	54	20	of	of	ADP
ftr-463	54	21	these	these	DET
ftr-463	54	22	objectives	objective	NOUN
ftr-463	54	23	.	.	PUNCT
ftr-463	55	1	a	a	DET
ftr-463	55	2	small	small	ADJ
ftr-463	55	3	sampling	sampling	NOUN
ftr-463	55	4	:	:	PUNCT
ftr-463	55	5	boris	boris	PROPN
ftr-463	55	6	1	1	NUM
ftr-463	55	7	.	.	PUNCT
ftr-463	55	8	bittker	bittker	PROPN
ftr-463	55	9	&	&	CCONJ
ftr-463	55	10	james	james	PROPN
ftr-463	55	11	s.	s.	PROPN
ftr-463	55	12	eustice	eustice	PROPN
ftr-463	55	13	,	,	PUNCT
ftr-463	55	14	federal	federal	ADJ
ftr-463	55	15	income	income	NOUN
ftr-463	55	16	taxation	taxation	NOUN
ftr-463	55	17	of	of	ADP
ftr-463	55	18	corporations	corporation	NOUN
ftr-463	55	19	and	and	CCONJ
ftr-463	55	20	shareholders	shareholder	NOUN
ftr-463	55	21	(	(	PUNCT
ftr-463	55	22	6th	6th	ADJ
ftr-463	55	23	ed	ed	NOUN
ftr-463	55	24	.	.	PROPN
ftr-463	55	25	1994	1994	NUM
ftr-463	55	26	)	)	PUNCT
ftr-463	55	27	;	;	PUNCT
ftr-463	55	28	peter	peter	PROPN
ftr-463	55	29	l.	l.	PROPN
ftr-463	55	30	faber	faber	PROPN
ftr-463	55	31	,	,	PUNCT
ftr-463	55	32	postreorganization	postreorganization	NOUN
ftr-463	55	33	sales	sale	NOUN
ftr-463	55	34	and	and	CCONJ
ftr-463	55	35	continuity	continuity	NOUN
ftr-463	55	36	of	of	ADP
ftr-463	55	37	interest	interest	NOUN
ftr-463	55	38	,	,	PUNCT
ftr-463	55	39	68	68	NUM
ftr-463	55	40	tax	tax	NOUN
ftr-463	55	41	notes	note	NOUN
ftr-463	55	42	863	863	NUM
ftr-463	55	43	(	(	PUNCT
ftr-463	55	44	aug	aug	PROPN
ftr-463	55	45	.	.	PROPN
ftr-463	55	46	14	14	NUM
ftr-463	55	47	.	.	PUNCT
ftr-463	55	48	1995	1995	NUM
ftr-463	55	49	)	)	PUNCT
ftr-463	55	50	;	;	PUNCT
ftr-463	55	51	peter	peter	PROPN
ftr-463	55	52	l.	l.	PROPN
ftr-463	55	53	faber	faber	PROPN
ftr-463	55	54	,	,	PUNCT
ftr-463	55	55	continuity	continuity	NOUN
ftr-463	55	56	of	of	ADP
ftr-463	55	57	interest	interest	NOUN
ftr-463	55	58	and	and	CCONJ
ftr-463	55	59	business	business	NOUN
ftr-463	55	60	enterprise	enterprise	NOUN
ftr-463	55	61	:	:	PUNCT
ftr-463	55	62	is	be	AUX
ftr-463	55	63	it	it	PRON
ftr-463	55	64	time	time	NOUN
ftr-463	55	65	to	to	PART
ftr-463	55	66	bury	bury	VERB
ftr-463	55	67	some	some	DET
ftr-463	55	68	sacred	sacred	ADJ
ftr-463	55	69	florida	florida	PROPN
ftr-463	55	70	tax	tax	NOUN
ftr-463	55	71	review	review	NOUN
ftr-463	55	72	continuity	continuity	NOUN
ftr-463	55	73	of	of	ADP
ftr-463	55	74	interest	interest	NOUN
ftr-463	55	75	doctrine	doctrine	NOUN
ftr-463	55	76	in	in	ADP
ftr-463	55	77	its	its	PRON
ftr-463	55	78	present	present	ADJ
ftr-463	55	79	form	form	NOUN
ftr-463	55	80	will	will	AUX
ftr-463	55	81	not	not	PART
ftr-463	55	82	survive	survive	VERB
ftr-463	55	83	for	for	ADP
ftr-463	55	84	long	long	ADV
ftr-463	55	85	.	.	PUNCT
ftr-463	56	1	crystal	crystal	NOUN
ftr-463	56	2	balls	ball	NOUN
ftr-463	56	3	aside	aside	ADV
ftr-463	56	4	,	,	PUNCT
ftr-463	56	5	this	this	DET
ftr-463	56	6	forecast	forecast	NOUN
ftr-463	56	7	is	be	AUX
ftr-463	56	8	not	not	PART
ftr-463	56	9	as	as	ADV
ftr-463	56	10	radical	radical	ADJ
ftr-463	56	11	as	as	SCONJ
ftr-463	56	12	it	it	PRON
ftr-463	56	13	might	might	AUX
ftr-463	56	14	first	first	ADV
ftr-463	56	15	appear	appear	VERB
ftr-463	56	16	.	.	PUNCT
ftr-463	57	1	the	the	DET
ftr-463	57	2	continuity	continuity	NOUN
ftr-463	57	3	doctrine	doctrine	NOUN
ftr-463	57	4	,	,	PUNCT
ftr-463	57	5	which	which	PRON
ftr-463	57	6	was	be	AUX
ftr-463	57	7	developed	develop	VERB
ftr-463	57	8	by	by	ADP
ftr-463	57	9	courts	court	NOUN
ftr-463	57	10	before	before	ADP
ftr-463	57	11	the	the	DET
ftr-463	57	12	enactment	enactment	NOUN
ftr-463	57	13	of	of	ADP
ftr-463	57	14	the	the	DET
ftr-463	57	15	statutory	statutory	ADJ
ftr-463	57	16	"	"	PUNCT
ftr-463	57	17	solely	solely	ADV
ftr-463	57	18	for	for	ADP
ftr-463	57	19	voting	vote	VERB
ftr-463	57	20	stock	stock	NOUN
ftr-463	57	21	"	"	PUNCT
ftr-463	57	22	requirement	requirement	NOUN
ftr-463	57	23	of	of	ADP
ftr-463	57	24	c	c	PROPN
ftr-463	57	25	reorganizations	reorganization	NOUN
ftr-463	57	26	,	,	PUNCT
ftr-463	57	27	wasintended	wasintende	VERB
ftr-463	57	28	to	to	PART
ftr-463	57	29	prevent	prevent	VERB
ftr-463	57	30	corporations	corporation	NOUN
ftr-463	57	31	from	from	ADP
ftr-463	57	32	receiving	receive	VERB
ftr-463	57	33	tax	tax	NOUN
ftr-463	57	34	-	-	PUNCT
ftr-463	57	35	free	free	ADJ
ftr-463	57	36	treatment	treatment	NOUN
ftr-463	57	37	on	on	ADP
ftr-463	57	38	sales	sale	NOUN
ftr-463	57	39	of	of	ADP
ftr-463	57	40	substantially	substantially	ADV
ftr-463	57	41	all	all	PRON
ftr-463	57	42	of	of	ADP
ftr-463	57	43	their	their	PRON
ftr-463	57	44	assets	asset	NOUN
ftr-463	57	45	for	for	ADP
ftr-463	57	46	cash	cash	NOUN
ftr-463	57	47	and	and	CCONJ
ftr-463	57	48	short	short	ADJ
ftr-463	57	49	-	-	PUNCT
ftr-463	57	50	term	term	NOUN
ftr-463	57	51	notes	note	NOUN
ftr-463	57	52	of	of	ADP
ftr-463	57	53	the	the	DET
ftr-463	57	54	acquiror	acquiror	NOUN
ftr-463	57	55	.	.	PUNCT
ftr-463	58	1	in	in	ADP
ftr-463	58	2	1934	1934	NUM
ftr-463	58	3	,	,	PUNCT
ftr-463	58	4	congress	congress	PROPN
ftr-463	58	5	codified	codify	VERB
ftr-463	58	6	this	this	DET
ftr-463	58	7	expression	expression	NOUN
ftr-463	58	8	of	of	ADP
ftr-463	58	9	the	the	DET
ftr-463	58	10	doctrine	doctrine	NOUN
ftr-463	58	11	for	for	ADP
ftr-463	58	12	b	b	PROPN
ftr-463	58	13	and	and	CCONJ
ftr-463	58	14	c	c	NOUN
ftr-463	58	15	reorganizations	reorganization	NOUN
ftr-463	58	16	in	in	ADP
ftr-463	58	17	the	the	DET
ftr-463	58	18	solely	solely	ADV
ftr-463	58	19	for	for	ADP
ftr-463	58	20	voting	vote	VERB
ftr-463	58	21	stock	stock	NOUN
ftr-463	58	22	requirement	requirement	NOUN
ftr-463	58	23	,	,	PUNCT
ftr-463	58	24	and	and	CCONJ
ftr-463	58	25	with	with	ADP
ftr-463	58	26	that	that	DET
ftr-463	58	27	statutory	statutory	ADJ
ftr-463	58	28	change	change	NOUN
ftr-463	58	29	,	,	PUNCT
ftr-463	58	30	the	the	DET
ftr-463	58	31	judicial	judicial	ADJ
ftr-463	58	32	rule	rule	NOUN
ftr-463	58	33	should	should	AUX
ftr-463	58	34	have	have	AUX
ftr-463	58	35	died	die	VERB
ftr-463	58	36	.	.	PUNCT
ftr-463	59	1	instead	instead	ADV
ftr-463	59	2	,	,	PUNCT
ftr-463	59	3	subsequent	subsequent	ADJ
ftr-463	59	4	courts	court	NOUN
ftr-463	59	5	,	,	PUNCT
ftr-463	59	6	failing	fail	VERB
ftr-463	59	7	to	to	PART
ftr-463	59	8	recognize	recognize	VERB
ftr-463	59	9	the	the	DET
ftr-463	59	10	original	original	ADJ
ftr-463	59	11	purpose	purpose	NOUN
ftr-463	59	12	of	of	ADP
ftr-463	59	13	the	the	DET
ftr-463	59	14	judicial	judicial	ADJ
ftr-463	59	15	doctrine	doctrine	NOUN
ftr-463	59	16	or	or	CCONJ
ftr-463	59	17	the	the	DET
ftr-463	59	18	significance	significance	NOUN
ftr-463	59	19	of	of	ADP
ftr-463	59	20	the	the	DET
ftr-463	59	21	statutory	statutory	ADJ
ftr-463	59	22	amendment	amendment	NOUN
ftr-463	59	23	,	,	PUNCT
ftr-463	59	24	began	begin	VERB
ftr-463	59	25	to	to	PART
ftr-463	59	26	apply	apply	VERB
ftr-463	59	27	it	it	PRON
ftr-463	59	28	to	to	ADP
ftr-463	59	29	statutory	statutory	ADJ
ftr-463	59	30	mergers	merger	NOUN
ftr-463	59	31	.	.	PUNCT
ftr-463	60	1	and	and	CCONJ
ftr-463	60	2	the	the	DET
ftr-463	60	3	service	service	NOUN
ftr-463	60	4	,	,	PUNCT
ftr-463	60	5	flush	flush	ADJ
ftr-463	60	6	with	with	ADP
ftr-463	60	7	victory	victory	NOUN
ftr-463	60	8	and	and	CCONJ
ftr-463	60	9	blind	blind	ADJ
ftr-463	60	10	to	to	ADP
ftr-463	60	11	the	the	DET
ftr-463	60	12	evils	evil	NOUN
ftr-463	60	13	of	of	ADP
ftr-463	60	14	the	the	DET
ftr-463	60	15	double	double	ADJ
ftr-463	60	16	-	-	PUNCT
ftr-463	60	17	edged	edge	VERB
ftr-463	60	18	doctrine	doctrine	NOUN
ftr-463	60	19	it	it	PRON
ftr-463	60	20	was	be	AUX
ftr-463	60	21	forging	forge	VERB
ftr-463	60	22	,	,	PUNCT
ftr-463	60	23	implied	imply	VERB
ftr-463	60	24	in	in	ADP
ftr-463	60	25	the	the	DET
ftr-463	60	26	representations	representation	NOUN
ftr-463	60	27	required	require	VERB
ftr-463	60	28	for	for	ADP
ftr-463	60	29	favorable	favorable	ADJ
ftr-463	60	30	private	private	ADJ
ftr-463	60	31	letter	letter	NOUN
ftr-463	60	32	rulings	ruling	NOUN
ftr-463	60	33	that	that	SCONJ
ftr-463	60	34	the	the	DET
ftr-463	60	35	continuity	continuity	NOUN
ftr-463	60	36	of	of	ADP
ftr-463	60	37	interest	interest	NOUN
ftr-463	60	38	doctrine	doctrine	NOUN
ftr-463	60	39	requires	require	VERB
ftr-463	60	40	the	the	DET
ftr-463	60	41	former	former	ADJ
ftr-463	60	42	shareholders	shareholder	NOUN
ftr-463	60	43	of	of	ADP
ftr-463	60	44	a	a	DET
ftr-463	60	45	target	target	NOUN
ftr-463	60	46	to	to	PART
ftr-463	60	47	maintain	maintain	VERB
ftr-463	60	48	a	a	DET
ftr-463	60	49	relationship	relationship	NOUN
ftr-463	60	50	with	with	ADP
ftr-463	60	51	each	each	DET
ftr-463	60	52	other	other	ADJ
ftr-463	60	53	as	as	ADP
ftr-463	60	54	shareholders	shareholder	NOUN
ftr-463	60	55	in	in	ADP
ftr-463	60	56	the	the	DET
ftr-463	60	57	combined	combine	VERB
ftr-463	60	58	entity	entity	NOUN
ftr-463	60	59	after	after	ADP
ftr-463	60	60	the	the	DET
ftr-463	60	61	acquiror	acquiror	NOUN
ftr-463	60	62	's	's	PART
ftr-463	60	63	tax	tax	NOUN
ftr-463	60	64	-	-	PUNCT
ftr-463	60	65	free	free	ADJ
ftr-463	60	66	acquisition	acquisition	NOUN
ftr-463	60	67	of	of	ADP
ftr-463	60	68	target	target	NOUN
ftr-463	60	69	.	.	PUNCT
ftr-463	61	1	today	today	NOUN
ftr-463	61	2	,	,	PUNCT
ftr-463	61	3	the	the	DET
ftr-463	61	4	doctrine	doctrine	NOUN
ftr-463	61	5	is	be	AUX
ftr-463	61	6	wielded	wield	VERB
ftr-463	61	7	to	to	PART
ftr-463	61	8	break	break	VERB
ftr-463	61	9	otherwise	otherwise	ADV
ftr-463	61	10	valid	valid	ADJ
ftr-463	61	11	tax	tax	NOUN
ftr-463	61	12	-	-	PUNCT
ftr-463	61	13	free	free	ADJ
ftr-463	61	14	reorganizations	reorganization	NOUN
ftr-463	61	15	with	with	ADP
ftr-463	61	16	equal	equal	ADJ
ftr-463	61	17	vigor	vigor	NOUN
ftr-463	61	18	by	by	ADP
ftr-463	61	19	the	the	DET
ftr-463	61	20	service	service	NOUN
ftr-463	61	21	(	(	PUNCT
ftr-463	61	22	which	which	PRON
ftr-463	61	23	asserts	assert	VERB
ftr-463	61	24	it	it	PRON
ftr-463	61	25	against	against	ADP
ftr-463	61	26	taxpayers	taxpayer	NOUN
ftr-463	61	27	to	to	PART
ftr-463	61	28	cause	cause	VERB
ftr-463	61	29	gain	gain	VERB
ftr-463	61	30	recognition	recognition	NOUN
ftr-463	61	31	)	)	PUNCT
ftr-463	61	32	and	and	CCONJ
ftr-463	61	33	taxpayers	taxpayer	NOUN
ftr-463	61	34	(	(	PUNCT
ftr-463	61	35	who	who	PRON
ftr-463	61	36	,	,	PUNCT
ftr-463	61	37	by	by	ADP
ftr-463	61	38	failing	fail	VERB
ftr-463	61	39	to	to	PART
ftr-463	61	40	meet	meet	VERB
ftr-463	61	41	the	the	DET
ftr-463	61	42	continuity	continuity	NOUN
ftr-463	61	43	requirement	requirement	NOUN
ftr-463	61	44	,	,	PUNCT
ftr-463	61	45	can	can	AUX
ftr-463	61	46	claim	claim	VERB
ftr-463	61	47	a	a	DET
ftr-463	61	48	loss	loss	NOUN
ftr-463	61	49	)	)	PUNCT
ftr-463	61	50	.	.	PUNCT
ftr-463	62	1	not	not	PART
ftr-463	62	2	surprisingly	surprisingly	ADV
ftr-463	62	3	,	,	PUNCT
ftr-463	62	4	this	this	DET
ftr-463	62	5	double	double	ADJ
ftr-463	62	6	duty	duty	NOUN
ftr-463	62	7	has	have	AUX
ftr-463	62	8	not	not	PART
ftr-463	62	9	left	leave	VERB
ftr-463	62	10	the	the	DET
ftr-463	62	11	doctrine	doctrine	NOUN
ftr-463	62	12	unscathed	unscathed	ADJ
ftr-463	62	13	.	.	PUNCT
ftr-463	63	1	most	most	ADV
ftr-463	63	2	recently	recently	ADV
ftr-463	63	3	,	,	PUNCT
ftr-463	63	4	the	the	DET
ftr-463	63	5	tax	tax	NOUN
ftr-463	63	6	court	court	NOUN
ftr-463	63	7	in	in	ADP
ftr-463	63	8	seagram	seagram	PROPN
ftr-463	63	9	took	take	VERB
ftr-463	63	10	pains	pain	NOUN
ftr-463	63	11	to	to	PART
ftr-463	63	12	limit	limit	VERB
ftr-463	63	13	further	further	ADJ
ftr-463	63	14	expansion	expansion	NOUN
ftr-463	63	15	of	of	ADP
ftr-463	63	16	the	the	DET
ftr-463	63	17	doctrine	doctrine	NOUN
ftr-463	63	18	when	when	SCONJ
ftr-463	63	19	it	it	PRON
ftr-463	63	20	was	be	AUX
ftr-463	63	21	asserted	assert	VERB
ftr-463	63	22	by	by	ADP
ftr-463	63	23	a	a	DET
ftr-463	63	24	target	target	NOUN
ftr-463	63	25	shareholder	shareholder	NOUN
ftr-463	63	26	seeking	seek	VERB
ftr-463	63	27	to	to	PART
ftr-463	63	28	claim	claim	VERB
ftr-463	63	29	a	a	DET
ftr-463	63	30	loss	loss	NOUN
ftr-463	63	31	.	.	PUNCT
ftr-463	64	1	on	on	ADP
ftr-463	64	2	the	the	DET
ftr-463	64	3	other	other	ADJ
ftr-463	64	4	hand	hand	NOUN
ftr-463	64	5	,	,	PUNCT
ftr-463	64	6	the	the	DET
ftr-463	64	7	doctrine	doctrine	NOUN
ftr-463	64	8	has	have	AUX
ftr-463	64	9	acquired	acquire	VERB
ftr-463	64	10	new	new	ADJ
ftr-463	64	11	meaning	meaning	NOUN
ftr-463	64	12	as	as	ADP
ftr-463	64	13	the	the	DET
ftr-463	64	14	mechanism	mechanism	NOUN
ftr-463	64	15	to	to	PART
ftr-463	64	16	cause	cause	VERB
ftr-463	64	17	taxable	taxable	ADJ
ftr-463	64	18	gain	gain	NOUN
ftr-463	64	19	only	only	ADV
ftr-463	64	20	for	for	ADP
ftr-463	64	21	the	the	DET
ftr-463	64	22	historic	historic	ADJ
ftr-463	64	23	minority	minority	NOUN
ftr-463	64	24	shareholders	shareholder	NOUN
ftr-463	64	25	who	who	PRON
ftr-463	64	26	receive	receive	VERB
ftr-463	64	27	and	and	CCONJ
ftr-463	64	28	retain	retain	VERB
ftr-463	64	29	acquiror	acquiror	NOUN
ftr-463	64	30	's	's	PART
ftr-463	64	31	stock	stock	NOUN
ftr-463	64	32	in	in	ADP
ftr-463	64	33	a	a	DET
ftr-463	64	34	merger	merger	NOUN
ftr-463	64	35	following	follow	VERB
ftr-463	64	36	a	a	DET
ftr-463	64	37	qualified	qualified	ADJ
ftr-463	64	38	stock	stock	NOUN
ftr-463	64	39	purchase	purchase	NOUN
ftr-463	64	40	under	under	ADP
ftr-463	64	41	section	section	NOUN
ftr-463	64	42	338	338	NUM
ftr-463	64	43	.	.	PUNCT
ftr-463	65	1	this	this	DET
ftr-463	65	2	article	article	NOUN
ftr-463	65	3	advances	advance	VERB
ftr-463	65	4	what	what	PRON
ftr-463	65	5	should	should	AUX
ftr-463	65	6	be	be	AUX
ftr-463	65	7	an	an	DET
ftr-463	65	8	unremarkable	unremarkable	ADJ
ftr-463	65	9	proposition	proposition	NOUN
ftr-463	65	10	-	-	PUNCT
ftr-463	65	11	a	a	DET
ftr-463	65	12	doctrine	doctrine	NOUN
ftr-463	65	13	whose	whose	DET
ftr-463	65	14	policy	policy	NOUN
ftr-463	65	15	basis	basis	NOUN
ftr-463	65	16	evaporated	evaporate	VERB
ftr-463	65	17	over	over	ADP
ftr-463	65	18	60	60	NUM
ftr-463	65	19	years	year	NOUN
ftr-463	65	20	ago	ago	ADV
ftr-463	65	21	and	and	CCONJ
ftr-463	65	22	exists	exist	VERB
ftr-463	65	23	without	without	ADP
ftr-463	65	24	any	any	DET
ftr-463	65	25	express	express	ADJ
ftr-463	65	26	or	or	CCONJ
ftr-463	65	27	implicit	implicit	ADJ
ftr-463	65	28	basis	basis	NOUN
ftr-463	65	29	in	in	ADP
ftr-463	65	30	the	the	DET
ftr-463	65	31	statutes	statute	NOUN
ftr-463	65	32	,	,	PUNCT
ftr-463	65	33	which	which	PRON
ftr-463	65	34	is	be	AUX
ftr-463	65	35	as	as	ADV
ftr-463	65	36	often	often	ADV
ftr-463	65	37	invoked	invoke	VERB
ftr-463	65	38	by	by	ADP
ftr-463	65	39	taxpayers	taxpayer	NOUN
ftr-463	65	40	to	to	PART
ftr-463	65	41	recognize	recognize	VERB
ftr-463	65	42	loss	loss	NOUN
ftr-463	65	43	as	as	ADP
ftr-463	65	44	by	by	ADP
ftr-463	65	45	the	the	DET
ftr-463	65	46	service	service	NOUN
ftr-463	65	47	to	to	PART
ftr-463	65	48	impose	impose	VERB
ftr-463	65	49	tax	tax	NOUN
ftr-463	65	50	on	on	ADP
ftr-463	65	51	gain	gain	NOUN
ftr-463	65	52	,	,	PUNCT
ftr-463	65	53	which	which	PRON
ftr-463	65	54	in	in	ADP
ftr-463	65	55	its	its	PRON
ftr-463	65	56	present	present	ADJ
ftr-463	65	57	form	form	NOUN
ftr-463	65	58	is	be	AUX
ftr-463	65	59	the	the	DET
ftr-463	65	60	source	source	NOUN
ftr-463	65	61	of	of	ADP
ftr-463	65	62	significant	significant	ADJ
ftr-463	65	63	instability	instability	NOUN
ftr-463	65	64	and	and	CCONJ
ftr-463	65	65	uncertainty	uncertainty	NOUN
ftr-463	65	66	,	,	PUNCT
ftr-463	65	67	and	and	CCONJ
ftr-463	65	68	which	which	PRON
ftr-463	65	69	leads	lead	VERB
ftr-463	65	70	to	to	ADP
ftr-463	65	71	results	result	NOUN
ftr-463	65	72	that	that	PRON
ftr-463	65	73	are	be	AUX
ftr-463	65	74	as	as	ADV
ftr-463	65	75	inequitable	inequitable	ADJ
ftr-463	65	76	and	and	CCONJ
ftr-463	65	77	counterintuitive	counterintuitive	ADJ
ftr-463	65	78	as	as	SCONJ
ftr-463	65	79	they	they	PRON
ftr-463	65	80	are	be	AUX
ftr-463	65	81	economically	economically	ADV
ftr-463	65	82	inefficient	inefficient	ADJ
ftr-463	65	83	-	-	PUNCT
ftr-463	65	84	cannot	cannot	NOUN
ftr-463	65	85	survive	survive	VERB
ftr-463	65	86	for	for	ADP
ftr-463	65	87	long	long	ADJ
ftr-463	65	88	.	.	PUNCT
ftr-463	66	1	in	in	ADP
ftr-463	66	2	the	the	DET
ftr-463	66	3	course	course	NOUN
ftr-463	66	4	of	of	ADP
ftr-463	66	5	developing	develop	VERB
ftr-463	66	6	this	this	DET
ftr-463	66	7	argument	argument	NOUN
ftr-463	66	8	,	,	PUNCT
ftr-463	66	9	the	the	DET
ftr-463	66	10	article	article	NOUN
ftr-463	66	11	explores	explore	VERB
ftr-463	66	12	how	how	SCONJ
ftr-463	66	13	this	this	DET
ftr-463	66	14	wayward	wayward	ADJ
ftr-463	66	15	doctrine	doctrine	NOUN
ftr-463	66	16	went	go	VERB
ftr-463	66	17	astray	astray	ADV
ftr-463	66	18	and	and	CCONJ
ftr-463	66	19	how	how	SCONJ
ftr-463	66	20	its	its	PRON
ftr-463	66	21	course	course	NOUN
ftr-463	66	22	might	might	AUX
ftr-463	66	23	be	be	AUX
ftr-463	66	24	corrected	correct	VERB
ftr-463	66	25	.	.	PUNCT
ftr-463	67	1	cows	cow	NOUN
ftr-463	67	2	?	?	PUNCT
ftr-463	68	1	34	34	NUM
ftr-463	68	2	tax	tax	NOUN
ftr-463	68	3	law	law	NOUN
ftr-463	68	4	.	.	PUNCT
ftr-463	69	1	239	239	NUM
ftr-463	69	2	(	(	PUNCT
ftr-463	69	3	1981	1981	NUM
ftr-463	69	4	)	)	PUNCT
ftr-463	69	5	;	;	PUNCT
ftr-463	69	6	william	william	PROPN
ftr-463	69	7	t.	t.	PROPN
ftr-463	69	8	hutton	hutton	PROPN
ftr-463	69	9	,	,	PUNCT
ftr-463	69	10	musings	musing	NOUN
ftr-463	69	11	on	on	ADP
ftr-463	69	12	continuity	continuity	NOUN
ftr-463	69	13	of	of	ADP
ftr-463	69	14	interest	interest	NOUN
ftr-463	69	15	-	-	PUNCT
ftr-463	69	16	recent	recent	ADJ
ftr-463	69	17	developments	development	NOUN
ftr-463	69	18	,	,	PUNCT
ftr-463	69	19	56	56	NUM
ftr-463	69	20	taxes	taxis	NOUN
ftr-463	69	21	904	904	NUM
ftr-463	69	22	(	(	PUNCT
ftr-463	69	23	1979	1979	NUM
ftr-463	69	24	)	)	PUNCT
ftr-463	69	25	;	;	PUNCT
ftr-463	69	26	jere	jere	PROPN
ftr-463	69	27	d.	d.	PROPN
ftr-463	69	28	mcgaffey	mcgaffey	PROPN
ftr-463	69	29	&	&	CCONJ
ftr-463	69	30	kenneth	kenneth	PROPN
ftr-463	69	31	c.	c.	PROPN
ftr-463	69	32	hunt	hunt	PROPN
ftr-463	69	33	,	,	PUNCT
ftr-463	69	34	continuity	continuity	NOUN
ftr-463	69	35	of	of	ADP
ftr-463	69	36	shareholder	shareholder	NOUN
ftr-463	69	37	interest	interest	NOUN
ftr-463	69	38	in	in	ADP
ftr-463	69	39	acquisitive	acquisitive	ADJ
ftr-463	69	40	corporate	corporate	ADJ
ftr-463	69	41	reorganizations	reorganization	NOUN
ftr-463	69	42	,	,	PUNCT
ftr-463	69	43	59	59	NUM
ftr-463	69	44	taxes	taxis	NOUN
ftr-463	69	45	659	659	NUM
ftr-463	69	46	(	(	PUNCT
ftr-463	69	47	1981	1981	NUM
ftr-463	69	48	)	)	PUNCT
ftr-463	69	49	;	;	PUNCT
ftr-463	69	50	robert	robert	PROPN
ftr-463	69	51	a.	a.	PROPN
ftr-463	69	52	rizzi	rizzi	PROPN
ftr-463	69	53	,	,	PUNCT
ftr-463	69	54	continuity	continuity	NOUN
ftr-463	69	55	of	of	ADP
ftr-463	69	56	interest	interest	NOUN
ftr-463	69	57	and	and	CCONJ
ftr-463	69	58	reorganizations	reorganization	NOUN
ftr-463	69	59	:	:	PUNCT
ftr-463	69	60	toward	toward	ADP
ftr-463	69	61	a	a	DET
ftr-463	69	62	unified	unified	ADJ
ftr-463	69	63	theory	theory	NOUN
ftr-463	69	64	,	,	PUNCT
ftr-463	69	65	17	17	NUM
ftr-463	69	66	j.	j.	PROPN
ftr-463	69	67	corp	corp	PROPN
ftr-463	69	68	tax'n	tax'n	PROPN
ftr-463	69	69	362	362	NUM
ftr-463	69	70	(	(	PUNCT
ftr-463	69	71	1991	1991	NUM
ftr-463	69	72	)	)	PUNCT
ftr-463	69	73	;	;	PUNCT
ftr-463	69	74	bernard	bernard	PROPN
ftr-463	69	75	wolfman	wolfman	PROPN
ftr-463	69	76	,	,	PUNCT
ftr-463	69	77	continuity	continuity	NOUN
ftr-463	69	78	of	of	ADP
ftr-463	69	79	interest	interest	NOUN
ftr-463	69	80	and	and	CCONJ
ftr-463	69	81	the	the	DET
ftr-463	69	82	american	american	PROPN
ftr-463	69	83	law	law	PROPN
ftr-463	69	84	institute	institute	PROPN
ftr-463	69	85	study	study	PROPN
ftr-463	69	86	,	,	PUNCT
ftr-463	69	87	57	57	NUM
ftr-463	69	88	taxes	taxis	NOUN
ftr-463	69	89	840	840	NUM
ftr-463	69	90	(	(	PUNCT
ftr-463	69	91	1979	1979	NUM
ftr-463	69	92	)	)	PUNCT
ftr-463	69	93	.	.	PUNCT
ftr-463	70	1	ivol	ivol	NOUN
ftr-463	70	2	3:5	3:5	NUM
ftr-463	70	3	1996	1996	NUM
ftr-463	70	4	]	]	PUNCT
ftr-463	70	5	devolution	devolution	NOUN
ftr-463	70	6	&	&	CCONJ
ftr-463	70	7	inevitable	inevitable	ADJ
ftr-463	70	8	ertinction	ertinction	NOUN
ftr-463	70	9	of	of	ADP
ftr-463	70	10	the	the	DET
ftr-463	70	11	continuir	continuir	NOUN
ftr-463	70	12	"	"	PUNCT
ftr-463	70	13	of	of	ADP
ftr-463	70	14	interest	interest	NOUN
ftr-463	70	15	doctrine	doctrine	NOUN
ftr-463	70	16	191	191	NUM
ftr-463	70	17	the	the	DET
ftr-463	70	18	article	article	NOUN
ftr-463	70	19	is	be	AUX
ftr-463	70	20	divided	divide	VERB
ftr-463	70	21	into	into	ADP
ftr-463	70	22	five	five	NUM
ftr-463	70	23	parts	part	NOUN
ftr-463	70	24	.	.	PUNCT
ftr-463	71	1	part	part	PROPN
ftr-463	71	2	ii	ii	PROPN
ftr-463	71	3	presents	present	VERB
ftr-463	71	4	the	the	DET
ftr-463	71	5	history	history	NOUN
ftr-463	71	6	of	of	ADP
ftr-463	71	7	the	the	DET
ftr-463	71	8	doctrine	doctrine	NOUN
ftr-463	71	9	,	,	PUNCT
ftr-463	71	10	from	from	ADP
ftr-463	71	11	its	its	PRON
ftr-463	71	12	sensible	sensible	ADJ
ftr-463	71	13	judicial	judicial	ADJ
ftr-463	71	14	origins	origin	NOUN
ftr-463	71	15	to	to	ADP
ftr-463	71	16	its	its	PRON
ftr-463	71	17	legislative	legislative	ADJ
ftr-463	71	18	codification	codification	NOUN
ftr-463	71	19	in	in	ADP
ftr-463	71	20	1934	1934	NUM
ftr-463	71	21	,	,	PUNCT
ftr-463	71	22	and	and	CCONJ
ftr-463	71	23	explains	explain	VERB
ftr-463	71	24	the	the	DET
ftr-463	71	25	subsequent	subsequent	ADJ
ftr-463	71	26	judicial	judicial	ADJ
ftr-463	71	27	decisions	decision	NOUN
ftr-463	71	28	that	that	PRON
ftr-463	71	29	freed	free	VERB
ftr-463	71	30	the	the	DET
ftr-463	71	31	doctrine	doctrine	NOUN
ftr-463	71	32	from	from	ADP
ftr-463	71	33	its	its	PRON
ftr-463	71	34	statutory	statutory	ADJ
ftr-463	71	35	mooring	mooring	NOUN
ftr-463	71	36	and	and	CCONJ
ftr-463	71	37	permitted	permit	VERB
ftr-463	71	38	it	it	PRON
ftr-463	71	39	to	to	PART
ftr-463	71	40	drift	drift	NOUN
ftr-463	71	41	,	,	PUNCT
ftr-463	71	42	untethered	untethere	VERB
ftr-463	71	43	,	,	PUNCT
ftr-463	71	44	into	into	ADP
ftr-463	71	45	a	a	DET
ftr-463	71	46	new	new	ADJ
ftr-463	71	47	,	,	PUNCT
ftr-463	71	48	modem	modem	NOUN
ftr-463	71	49	form	form	NOUN
ftr-463	71	50	.	.	PUNCT
ftr-463	72	1	part	part	NOUN
ftr-463	72	2	m	m	PROPN
ftr-463	72	3	explores	explore	VERB
ftr-463	72	4	the	the	DET
ftr-463	72	5	fullest	full	ADJ
ftr-463	72	6	expression	expression	NOUN
ftr-463	72	7	of	of	ADP
ftr-463	72	8	the	the	DET
ftr-463	72	9	doctrine	doctrine	NOUN
ftr-463	72	10	,	,	PUNCT
ftr-463	72	11	which	which	PRON
ftr-463	72	12	today	today	NOUN
ftr-463	72	13	is	be	AUX
ftr-463	72	14	perhaps	perhaps	ADV
ftr-463	72	15	most	most	ADV
ftr-463	72	16	brashly	brashly	ADV
ftr-463	72	17	reflected	reflect	VERB
ftr-463	72	18	in	in	ADP
ftr-463	72	19	the	the	DET
ftr-463	72	20	"	"	PUNCT
ftr-463	72	21	anti	anti	ADJ
ftr-463	72	22	-	-	ADJ
ftr-463	72	23	yoc	yoc	ADJ
ftr-463	72	24	heating	heating	NOUN
ftr-463	72	25	"	"	PUNCT
ftr-463	72	26	regulations	regulation	NOUN
ftr-463	72	27	promulgated	promulgate	VERB
ftr-463	72	28	under	under	ADP
ftr-463	72	29	section	section	NOUN
ftr-463	72	30	338	338	NUM
ftr-463	72	31	.	.	PUNCT
ftr-463	73	1	part	part	NOUN
ftr-463	73	2	iv	iv	NUM
ftr-463	73	3	identifies	identify	VERB
ftr-463	73	4	the	the	DET
ftr-463	73	5	doctrine	doctrine	NOUN
ftr-463	73	6	's	's	PART
ftr-463	73	7	vulnerability	vulnerability	NOUN
ftr-463	73	8	.	.	PUNCT
ftr-463	74	1	in	in	ADP
ftr-463	74	2	the	the	DET
ftr-463	74	3	face	face	NOUN
ftr-463	74	4	of	of	ADP
ftr-463	74	5	significant	significant	ADJ
ftr-463	74	6	contrary	contrary	ADJ
ftr-463	74	7	policies	policy	NOUN
ftr-463	74	8	,	,	PUNCT
ftr-463	74	9	the	the	DET
ftr-463	74	10	doctrine	doctrine	NOUN
ftr-463	74	11	is	be	AUX
ftr-463	74	12	subject	subject	ADJ
ftr-463	74	13	to	to	ADP
ftr-463	74	14	legislative	legislative	ADJ
ftr-463	74	15	,	,	PUNCT
ftr-463	74	16	judicial	judicial	ADJ
ftr-463	74	17	,	,	PUNCT
ftr-463	74	18	and	and	CCONJ
ftr-463	74	19	regulatory	regulatory	ADJ
ftr-463	74	20	constriction	constriction	NOUN
ftr-463	74	21	,	,	PUNCT
ftr-463	74	22	and	and	CCONJ
ftr-463	74	23	part	part	NOUN
ftr-463	74	24	iv	iv	NOUN
ftr-463	74	25	describes	describe	VERB
ftr-463	74	26	some	some	PRON
ftr-463	74	27	of	of	ADP
ftr-463	74	28	the	the	DET
ftr-463	74	29	limitations	limitation	NOUN
ftr-463	74	30	that	that	PRON
ftr-463	74	31	tenderly	tenderly	ADV
ftr-463	74	32	rein	rein	VERB
ftr-463	74	33	continuity	continuity	NOUN
ftr-463	74	34	's	's	PART
ftr-463	74	35	strongest	strong	ADJ
ftr-463	74	36	form	form	NOUN
ftr-463	74	37	.	.	PUNCT
ftr-463	75	1	finally	finally	ADV
ftr-463	75	2	,	,	PUNCT
ftr-463	75	3	part	part	NOUN
ftr-463	75	4	v	v	ADP
ftr-463	75	5	examines	examine	VERB
ftr-463	75	6	some	some	PRON
ftr-463	75	7	of	of	ADP
ftr-463	75	8	the	the	DET
ftr-463	75	9	unfortunate	unfortunate	ADJ
ftr-463	75	10	aspects	aspect	NOUN
ftr-463	75	11	of	of	ADP
ftr-463	75	12	the	the	DET
ftr-463	75	13	doctrine	doctrine	NOUN
ftr-463	75	14	that	that	PRON
ftr-463	75	15	remain	remain	VERB
ftr-463	75	16	today	today	NOUN
ftr-463	75	17	-	-	PUNCT
ftr-463	75	18	abuse	abuse	NOUN
ftr-463	75	19	potential	potential	NOUN
ftr-463	75	20	,	,	PUNCT
ftr-463	75	21	unadministerability	unadministerability	NOUN
ftr-463	75	22	,	,	PUNCT
ftr-463	75	23	inefficiency	inefficiency	NOUN
ftr-463	75	24	,	,	PUNCT
ftr-463	75	25	unfairness	unfairness	NOUN
ftr-463	75	26	,	,	PUNCT
ftr-463	75	27	and	and	CCONJ
ftr-463	75	28	inconsistency	inconsistency	NOUN
ftr-463	75	29	-	-	PUNCT
ftr-463	75	30	and	and	CCONJ
ftr-463	75	31	pauses	pause	VERB
ftr-463	75	32	to	to	PART
ftr-463	75	33	reexamine	reexamine	VERB
ftr-463	75	34	the	the	DET
ftr-463	75	35	doctrine	doctrine	NOUN
ftr-463	75	36	in	in	ADP
ftr-463	75	37	its	its	PRON
ftr-463	75	38	best	good	ADJ
ftr-463	75	39	light	light	NOUN
ftr-463	75	40	and	and	CCONJ
ftr-463	75	41	glean	glean	VERB
ftr-463	75	42	from	from	ADP
ftr-463	75	43	its	its	PRON
ftr-463	75	44	strongest	strong	ADJ
ftr-463	75	45	form	form	NOUN
ftr-463	75	46	a	a	DET
ftr-463	75	47	defensible	defensible	ADJ
ftr-463	75	48	policy	policy	NOUN
ftr-463	75	49	rationale	rationale	NOUN
ftr-463	75	50	.	.	PUNCT
ftr-463	76	1	part	part	NOUN
ftr-463	76	2	v	v	NOUN
ftr-463	76	3	asserts	assert	VERB
ftr-463	76	4	that	that	SCONJ
ftr-463	76	5	any	any	DET
ftr-463	76	6	justification	justification	NOUN
ftr-463	76	7	for	for	ADP
ftr-463	76	8	the	the	DET
ftr-463	76	9	doctrine	doctrine	NOUN
ftr-463	76	10	's	's	PART
ftr-463	76	11	strong	strong	ADJ
ftr-463	76	12	form	form	NOUN
ftr-463	76	13	is	be	AUX
ftr-463	76	14	inconsistent	inconsistent	ADJ
ftr-463	76	15	with	with	ADP
ftr-463	76	16	our	our	PRON
ftr-463	76	17	modem	modem	NOUN
ftr-463	76	18	tax	tax	NOUN
ftr-463	76	19	system	system	NOUN
ftr-463	76	20	and	and	CCONJ
ftr-463	76	21	argues	argue	VERB
ftr-463	76	22	that	that	SCONJ
ftr-463	76	23	the	the	DET
ftr-463	76	24	doctrine	doctrine	NOUN
ftr-463	76	25	's	's	PART
ftr-463	76	26	strength	strength	NOUN
ftr-463	76	27	will	will	AUX
ftr-463	76	28	continue	continue	VERB
ftr-463	76	29	its	its	PRON
ftr-463	76	30	ebb	ebb	NOUN
ftr-463	76	31	to	to	ADP
ftr-463	76	32	a	a	DET
ftr-463	76	33	modified	modify	VERB
ftr-463	76	34	form	form	NOUN
ftr-463	76	35	that	that	PRON
ftr-463	76	36	is	be	AUX
ftr-463	76	37	more	more	ADV
ftr-463	76	38	consistent	consistent	ADJ
ftr-463	76	39	with	with	ADP
ftr-463	76	40	its	its	PRON
ftr-463	76	41	original	original	ADJ
ftr-463	76	42	purpose	purpose	NOUN
ftr-463	76	43	.	.	PUNCT
ftr-463	77	1	part	part	NOUN
ftr-463	77	2	v	v	ADP
ftr-463	77	3	presents	present	VERB
ftr-463	77	4	some	some	DET
ftr-463	77	5	alternative	alternative	ADJ
ftr-463	77	6	conceptions	conception	NOUN
ftr-463	77	7	of	of	ADP
ftr-463	77	8	the	the	DET
ftr-463	77	9	doctrine	doctrine	NOUN
ftr-463	77	10	that	that	PRON
ftr-463	77	11	might	might	AUX
ftr-463	77	12	replace	replace	VERB
ftr-463	77	13	its	its	PRON
ftr-463	77	14	current	current	ADJ
ftr-463	77	15	form	form	NOUN
ftr-463	77	16	.	.	PUNCT
ftr-463	78	1	ii	ii	PROPN
ftr-463	78	2	.	.	PUNCT
ftr-463	79	1	the	the	DET
ftr-463	79	2	pure	pure	ADJ
ftr-463	79	3	past	past	NOUN
ftr-463	79	4	but	but	CCONJ
ftr-463	79	5	sordid	sordid	VERB
ftr-463	79	6	history	history	NOUN
ftr-463	79	7	of	of	ADP
ftr-463	79	8	the	the	DET
ftr-463	79	9	continuity	continuity	NOUN
ftr-463	79	10	of	of	ADP
ftr-463	79	11	interest	interest	NOUN
ftr-463	79	12	doctrine	doctrine	NOUN
ftr-463	79	13	the	the	DET
ftr-463	79	14	modem	modem	NOUN
ftr-463	79	15	continuity	continuity	NOUN
ftr-463	79	16	of	of	ADP
ftr-463	79	17	interest	interest	NOUN
ftr-463	79	18	doctrine	doctrine	NOUN
ftr-463	79	19	is	be	AUX
ftr-463	79	20	really	really	ADV
ftr-463	79	21	the	the	DET
ftr-463	79	22	result	result	NOUN
ftr-463	79	23	of	of	ADP
ftr-463	79	24	a	a	DET
ftr-463	79	25	big	big	ADJ
ftr-463	79	26	mistake	mistake	NOUN
ftr-463	79	27	.	.	PUNCT
ftr-463	80	1	this	this	DET
ftr-463	80	2	part	part	NOUN
ftr-463	80	3	makes	make	VERB
ftr-463	80	4	the	the	DET
ftr-463	80	5	point	point	NOUN
ftr-463	80	6	by	by	ADP
ftr-463	80	7	tracing	trace	VERB
ftr-463	80	8	the	the	DET
ftr-463	80	9	doctrine	doctrine	NOUN
ftr-463	80	10	's	's	PART
ftr-463	80	11	development	development	NOUN
ftr-463	80	12	through	through	ADP
ftr-463	80	13	four	four	NUM
ftr-463	80	14	stages	stage	NOUN
ftr-463	80	15	.	.	PUNCT
ftr-463	81	1	first	first	ADV
ftr-463	81	2	,	,	PUNCT
ftr-463	81	3	following	follow	VERB
ftr-463	81	4	the	the	DET
ftr-463	81	5	birth	birth	NOUN
ftr-463	81	6	of	of	ADP
ftr-463	81	7	the	the	DET
ftr-463	81	8	reorganization	reorganization	NOUN
ftr-463	81	9	provisions	provision	NOUN
ftr-463	81	10	,	,	PUNCT
ftr-463	81	11	the	the	DET
ftr-463	81	12	doctrine	doctrine	NOUN
ftr-463	81	13	was	be	AUX
ftr-463	81	14	sensibly	sensibly	ADV
ftr-463	81	15	developed	develop	VERB
ftr-463	81	16	by	by	ADP
ftr-463	81	17	the	the	DET
ftr-463	81	18	second	second	ADJ
ftr-463	81	19	circuit	circuit	NOUN
ftr-463	81	20	in	in	ADP
ftr-463	81	21	cortland	cortland	PROPN
ftr-463	81	22	specialty	specialty	PROPN
ftr-463	81	23	co.	co.	PROPN
ftr-463	81	24	v.	v.	ADP
ftr-463	81	25	commissioner,6	commissioner,6	NOUN
ftr-463	81	26	and	and	CCONJ
ftr-463	81	27	the	the	DET
ftr-463	81	28	supreme	supreme	PROPN
ftr-463	81	29	court	court	PROPN
ftr-463	81	30	in	in	ADP
ftr-463	81	31	pinellas	pinellas	PROPN
ftr-463	81	32	ice	ice	PROPN
ftr-463	81	33	&	&	CCONJ
ftr-463	81	34	cold	cold	PROPN
ftr-463	81	35	storage	storage	PROPN
ftr-463	81	36	co.	co.	PROPN
ftr-463	81	37	v.	v.	PROPN
ftr-463	81	38	commissioner,7	commissioner,7	VERB
ftr-463	81	39	to	to	PART
ftr-463	81	40	interpret	interpret	VERB
ftr-463	81	41	a	a	DET
ftr-463	81	42	parenthetical	parenthetical	ADJ
ftr-463	81	43	clause	clause	NOUN
ftr-463	81	44	in	in	ADP
ftr-463	81	45	the	the	DET
ftr-463	81	46	fledgling	fledgling	NOUN
ftr-463	81	47	definition	definition	NOUN
ftr-463	81	48	of	of	ADP
ftr-463	81	49	reorganization	reorganization	NOUN
ftr-463	81	50	and	and	CCONJ
ftr-463	81	51	exclude	exclude	VERB
ftr-463	81	52	from	from	ADP
ftr-463	81	53	that	that	DET
ftr-463	81	54	definition	definition	NOUN
ftr-463	81	55	asset	asset	NOUN
ftr-463	81	56	sales	sale	NOUN
ftr-463	81	57	for	for	ADP
ftr-463	81	58	cash	cash	NOUN
ftr-463	81	59	and	and	CCONJ
ftr-463	81	60	short	short	ADJ
ftr-463	81	61	-	-	PUNCT
ftr-463	81	62	term	term	NOUN
ftr-463	81	63	notes	note	NOUN
ftr-463	81	64	.	.	PUNCT
ftr-463	82	1	in	in	ADP
ftr-463	82	2	the	the	DET
ftr-463	82	3	second	second	ADJ
ftr-463	82	4	stage	stage	NOUN
ftr-463	82	5	,	,	PUNCT
ftr-463	82	6	congress	congress	PROPN
ftr-463	82	7	intervened	intervene	VERB
ftr-463	82	8	in	in	ADP
ftr-463	82	9	1934	1934	NUM
ftr-463	82	10	to	to	PART
ftr-463	82	11	replace	replace	VERB
ftr-463	82	12	the	the	DET
ftr-463	82	13	judicial	judicial	ADJ
ftr-463	82	14	continuity	continuity	NOUN
ftr-463	82	15	doctrine	doctrine	NOUN
ftr-463	82	16	established	establish	VERB
ftr-463	82	17	in	in	ADP
ftr-463	82	18	cortland	cortland	PROPN
ftr-463	82	19	and	and	CCONJ
ftr-463	82	20	pinellas	pinellas	PROPN
ftr-463	82	21	with	with	ADP
ftr-463	82	22	its	its	PRON
ftr-463	82	23	own	own	ADJ
ftr-463	82	24	more	more	ADV
ftr-463	82	25	restrictive	restrictive	ADJ
ftr-463	82	26	statutory	statutory	ADJ
ftr-463	82	27	rule	rule	NOUN
ftr-463	82	28	-	-	PUNCT
ftr-463	82	29	the	the	DET
ftr-463	82	30	"	"	PUNCT
ftr-463	82	31	solely	solely	ADV
ftr-463	82	32	for	for	ADP
ftr-463	82	33	voting	vote	VERB
ftr-463	82	34	stock	stock	NOUN
ftr-463	82	35	"	"	PUNCT
ftr-463	82	36	requirement	requirement	NOUN
ftr-463	82	37	-	-	PUNCT
ftr-463	82	38	which	which	PRON
ftr-463	82	39	disallowed	disallow	VERB
ftr-463	82	40	tax	tax	NOUN
ftr-463	82	41	-	-	PUNCT
ftr-463	82	42	free	free	ADJ
ftr-463	82	43	treatment	treatment	NOUN
ftr-463	82	44	for	for	ADP
ftr-463	82	45	certain	certain	ADJ
ftr-463	82	46	acquisitions	acquisition	NOUN
ftr-463	82	47	that	that	PRON
ftr-463	82	48	would	would	AUX
ftr-463	82	49	have	have	AUX
ftr-463	82	50	passed	pass	VERB
ftr-463	82	51	the	the	DET
ftr-463	82	52	cortland	cortland	PROPN
ftr-463	82	53	-	-	PUNCT
ftr-463	82	54	pinellas	pinellas	PROPN
ftr-463	82	55	test	test	NOUN
ftr-463	82	56	.	.	PUNCT
ftr-463	83	1	in	in	ADP
ftr-463	83	2	the	the	DET
ftr-463	83	3	third	third	ADJ
ftr-463	83	4	stage	stage	NOUN
ftr-463	83	5	of	of	ADP
ftr-463	83	6	the	the	DET
ftr-463	83	7	doctrine	doctrine	NOUN
ftr-463	83	8	's	's	PART
ftr-463	83	9	adolescence	adolescence	NOUN
ftr-463	83	10	,	,	PUNCT
ftr-463	83	11	courts	court	NOUN
ftr-463	83	12	continued	continue	VERB
ftr-463	83	13	to	to	PART
ftr-463	83	14	apply	apply	VERB
ftr-463	83	15	the	the	DET
ftr-463	83	16	old	old	ADJ
ftr-463	83	17	judicial	judicial	ADJ
ftr-463	83	18	doctrine	doctrine	NOUN
ftr-463	83	19	of	of	ADP
ftr-463	83	20	cortland	cortland	PROPN
ftr-463	83	21	and	and	CCONJ
ftr-463	83	22	pinellas	pinellas	PROPN
ftr-463	83	23	to	to	AUX
ftr-463	83	24	pre-1934	pre-1934	VERB
ftr-463	83	25	tax	tax	NOUN
ftr-463	83	26	years	year	NOUN
ftr-463	83	27	.	.	PUNCT
ftr-463	84	1	these	these	DET
ftr-463	84	2	cases	case	NOUN
ftr-463	84	3	were	be	AUX
ftr-463	84	4	consistent	consistent	ADJ
ftr-463	84	5	with	with	ADP
ftr-463	84	6	the	the	DET
ftr-463	84	7	teachings	teaching	NOUN
ftr-463	84	8	of	of	ADP
ftr-463	84	9	cortland	cortland	PROPN
ftr-463	84	10	and	and	CCONJ
ftr-463	84	11	pinellas	pinellas	PROPN
ftr-463	84	12	that	that	SCONJ
ftr-463	84	13	an	an	DET
ftr-463	84	14	asset	asset	NOUN
ftr-463	84	15	sale	sale	NOUN
ftr-463	84	16	should	should	AUX
ftr-463	84	17	qualify	qualify	VERB
ftr-463	84	18	as	as	ADP
ftr-463	84	19	a	a	DET
ftr-463	84	20	tax	tax	NOUN
ftr-463	84	21	-	-	PUNCT
ftr-463	84	22	free	free	ADJ
ftr-463	84	23	reorganization	reorganization	NOUN
ftr-463	84	24	only	only	ADV
ftr-463	84	25	if	if	SCONJ
ftr-463	84	26	the	the	DET
ftr-463	84	27	consideration	consideration	NOUN
ftr-463	84	28	is	be	AUX
ftr-463	84	29	consistent	consistent	ADJ
ftr-463	84	30	with	with	ADP
ftr-463	84	31	that	that	PRON
ftr-463	84	32	of	of	ADP
ftr-463	84	33	a	a	DET
ftr-463	84	34	state	state	NOUN
ftr-463	84	35	-	-	PUNCT
ftr-463	84	36	law	law	NOUN
ftr-463	84	37	merger	merger	NOUN
ftr-463	84	38	.	.	PUNCT
ftr-463	85	1	6	6	NUM
ftr-463	85	2	.	.	X
ftr-463	85	3	60	60	NUM
ftr-463	85	4	f.2d	f.2d	SYM
ftr-463	85	5	937	937	NUM
ftr-463	85	6	(	(	PUNCT
ftr-463	85	7	2d	2d	NUM
ftr-463	85	8	cir	cir	NOUN
ftr-463	85	9	.	.	PUNCT
ftr-463	85	10	1932	1932	NUM
ftr-463	85	11	)	)	PUNCT
ftr-463	85	12	.	.	PUNCT
ftr-463	86	1	cert	cert	PROPN
ftr-463	86	2	.	.	PUNCT
ftr-463	87	1	denied	deny	VERB
ftr-463	87	2	,	,	PUNCT
ftr-463	87	3	288	288	NUM
ftr-463	87	4	u.s	u.s	PROPN
ftr-463	87	5	.	.	PROPN
ftr-463	87	6	599	599	NUM
ftr-463	87	7	(	(	PUNCT
ftr-463	87	8	1933	1933	NUM
ftr-463	87	9	)	)	PUNCT
ftr-463	87	10	.	.	PUNCT
ftr-463	88	1	7	7	X
ftr-463	88	2	.	.	X
ftr-463	88	3	287	287	NUM
ftr-463	88	4	u.s	u.s	PROPN
ftr-463	88	5	.	.	PROPN
ftr-463	88	6	462	462	NUM
ftr-463	88	7	(	(	PUNCT
ftr-463	88	8	1933	1933	NUM
ftr-463	88	9	)	)	PUNCT
ftr-463	88	10	.	.	PUNCT
ftr-463	89	1	florida	florida	PROPN
ftr-463	89	2	tax	tax	PROPN
ftr-463	89	3	review	review	NOUN
ftr-463	89	4	in	in	ADP
ftr-463	89	5	its	its	PRON
ftr-463	89	6	fourth	fourth	ADJ
ftr-463	89	7	and	and	CCONJ
ftr-463	89	8	final	final	ADJ
ftr-463	89	9	stage	stage	NOUN
ftr-463	89	10	of	of	ADP
ftr-463	89	11	development	development	NOUN
ftr-463	89	12	,	,	PUNCT
ftr-463	89	13	the	the	DET
ftr-463	89	14	judicial	judicial	ADJ
ftr-463	89	15	continuity	continuity	NOUN
ftr-463	89	16	doctrine	doctrine	NOUN
ftr-463	89	17	was	be	AUX
ftr-463	89	18	reborn	reborn	ADJ
ftr-463	89	19	in	in	ADP
ftr-463	89	20	roebling	roeble	VERB
ftr-463	89	21	v.	v.	ADP
ftr-463	89	22	commissioner,8	commissioner,8	NOUN
ftr-463	89	23	which	which	PRON
ftr-463	89	24	ignored	ignore	VERB
ftr-463	89	25	the	the	DET
ftr-463	89	26	1934	1934	NUM
ftr-463	89	27	legislation	legislation	NOUN
ftr-463	89	28	and	and	CCONJ
ftr-463	89	29	revived	revive	VERB
ftr-463	89	30	the	the	DET
ftr-463	89	31	doctrine	doctrine	NOUN
ftr-463	89	32	,	,	PUNCT
ftr-463	89	33	applying	apply	VERB
ftr-463	89	34	it	it	PRON
ftr-463	89	35	even	even	ADV
ftr-463	89	36	to	to	ADP
ftr-463	89	37	statutory	statutory	ADJ
ftr-463	89	38	mergers	merger	NOUN
ftr-463	89	39	(	(	PUNCT
ftr-463	89	40	which	which	PRON
ftr-463	89	41	were	be	AUX
ftr-463	89	42	the	the	DET
ftr-463	89	43	model	model	NOUN
ftr-463	89	44	for	for	ADP
ftr-463	89	45	tax	tax	NOUN
ftr-463	89	46	-	-	PUNCT
ftr-463	89	47	free	free	ADJ
ftr-463	89	48	reorganization	reorganization	NOUN
ftr-463	89	49	treatment	treatment	NOUN
ftr-463	89	50	in	in	ADP
ftr-463	89	51	the	the	DET
ftr-463	89	52	first	first	ADJ
ftr-463	89	53	place	place	NOUN
ftr-463	89	54	)	)	PUNCT
ftr-463	89	55	,	,	PUNCT
ftr-463	89	56	once	once	ADV
ftr-463	89	57	resurrected	resurrect	VERB
ftr-463	89	58	,	,	PUNCT
ftr-463	89	59	the	the	DET
ftr-463	89	60	new	new	ADJ
ftr-463	89	61	judicial	judicial	ADJ
ftr-463	89	62	doctrine	doctrine	NOUN
ftr-463	89	63	flourished	flourish	VERB
ftr-463	89	64	,	,	PUNCT
ftr-463	89	65	germinating	germinate	VERB
ftr-463	89	66	from	from	ADP
ftr-463	89	67	a	a	DET
ftr-463	89	68	test	test	NOUN
ftr-463	89	69	that	that	PRON
ftr-463	89	70	distinguished	distinguished	ADJ
ftr-463	89	71	merger	merger	NOUN
ftr-463	89	72	-	-	PUNCT
ftr-463	89	73	like	like	ADJ
ftr-463	89	74	tax	tax	NOUN
ftr-463	89	75	-	-	PUNCT
ftr-463	89	76	free	free	ADJ
ftr-463	89	77	reorganizations	reorganization	NOUN
ftr-463	89	78	from	from	ADP
ftr-463	89	79	taxable	taxable	ADJ
ftr-463	89	80	asset	asset	NOUN
ftr-463	89	81	sales	sale	NOUN
ftr-463	89	82	to	to	ADP
ftr-463	89	83	an	an	DET
ftr-463	89	84	incipient	incipient	ADJ
ftr-463	89	85	basis	basis	NOUN
ftr-463	89	86	for	for	ADP
ftr-463	89	87	denying	deny	VERB
ftr-463	89	88	tax	tax	NOUN
ftr-463	89	89	-	-	PUNCT
ftr-463	89	90	free	free	ADJ
ftr-463	89	91	treatment	treatment	NOUN
ftr-463	89	92	as	as	ADP
ftr-463	89	93	a	a	DET
ftr-463	89	94	result	result	NOUN
ftr-463	89	95	of	of	ADP
ftr-463	89	96	the	the	DET
ftr-463	89	97	preand	preand	NOUN
ftr-463	89	98	post	post	ADJ
ftr-463	89	99	-	-	ADJ
ftr-463	89	100	acquisition	acquisition	ADJ
ftr-463	89	101	conduct	conduct	NOUN
ftr-463	89	102	of	of	ADP
ftr-463	89	103	the	the	DET
ftr-463	89	104	acquiror	acquiror	NOUN
ftr-463	89	105	,	,	PUNCT
ftr-463	89	106	the	the	DET
ftr-463	89	107	target	target	NOUN
ftr-463	89	108	,	,	PUNCT
ftr-463	89	109	and	and	CCONJ
ftr-463	89	110	even	even	ADV
ftr-463	89	111	the	the	DET
ftr-463	89	112	target	target	NOUN
ftr-463	89	113	's	's	PART
ftr-463	89	114	former	former	ADJ
ftr-463	89	115	shareholders	shareholder	NOUN
ftr-463	89	116	.	.	PUNCT
ftr-463	90	1	a.	a.	NOUN
ftr-463	90	2	the	the	DET
ftr-463	90	3	birth	birth	NOUN
ftr-463	90	4	of	of	ADP
ftr-463	90	5	the	the	DET
ftr-463	90	6	reorganization	reorganization	NOUN
ftr-463	90	7	provisions	provision	NOUN
ftr-463	90	8	the	the	DET
ftr-463	90	9	revenue	revenue	NOUN
ftr-463	90	10	act	act	NOUN
ftr-463	90	11	of	of	ADP
ftr-463	90	12	1918	1918	NUM
ftr-463	90	13	contained	contain	VERB
ftr-463	90	14	the	the	DET
ftr-463	90	15	first	first	ADJ
ftr-463	90	16	reorganization	reorganization	NOUN
ftr-463	90	17	provision	provision	NOUN
ftr-463	90	18	,	,	PUNCT
ftr-463	90	19	providing	provide	VERB
ftr-463	90	20	that	that	SCONJ
ftr-463	90	21	no	no	DET
ftr-463	90	22	taxable	taxable	ADJ
ftr-463	90	23	gain	gain	NOUN
ftr-463	90	24	or	or	CCONJ
ftr-463	90	25	loss	loss	NOUN
ftr-463	90	26	occurs	occur	VERB
ftr-463	90	27	when	when	SCONJ
ftr-463	90	28	,	,	PUNCT
ftr-463	90	29	"	"	PUNCT
ftr-463	90	30	in	in	ADP
ftr-463	90	31	connection	connection	NOUN
ftr-463	90	32	with	with	ADP
ftr-463	90	33	the	the	DET
ftr-463	90	34	reorganization	reorganization	NOUN
ftr-463	90	35	,	,	PUNCT
ftr-463	90	36	merger	merger	NOUN
ftr-463	90	37	,	,	PUNCT
ftr-463	90	38	or	or	CCONJ
ftr-463	90	39	consolidation	consolidation	NOUN
ftr-463	90	40	of	of	ADP
ftr-463	90	41	a	a	DET
ftr-463	90	42	corporation	corporation	NOUN
ftr-463	90	43	,	,	PUNCT
ftr-463	90	44	"	"	PUNCT
ftr-463	90	45	a	a	DET
ftr-463	90	46	person	person	NOUN
ftr-463	90	47	receives	receive	VERB
ftr-463	90	48	"	"	PUNCT
ftr-463	90	49	in	in	ADP
ftr-463	90	50	place	place	NOUN
ftr-463	90	51	of	of	ADP
ftr-463	90	52	stock	stock	NOUN
ftr-463	90	53	or	or	CCONJ
ftr-463	90	54	securities	security	NOUN
ftr-463	90	55	owned	own	VERB
ftr-463	90	56	by	by	ADP
ftr-463	90	57	him	he	PRON
ftr-463	90	58	new	new	ADJ
ftr-463	90	59	stock	stock	NOUN
ftr-463	90	60	or	or	CCONJ
ftr-463	90	61	securities	security	NOUN
ftr-463	90	62	of	of	ADP
ftr-463	90	63	no	no	DET
ftr-463	90	64	greater	great	ADJ
ftr-463	90	65	aggregate	aggregate	ADJ
ftr-463	90	66	par	par	NOUN
ftr-463	90	67	or	or	CCONJ
ftr-463	90	68	face	face	NOUN
ftr-463	90	69	value	value	NOUN
ftr-463	90	70	.	.	PUNCT
ftr-463	91	1	"9	"9	ADJ
ftr-463	91	2	mergers	merger	NOUN
ftr-463	91	3	and	and	CCONJ
ftr-463	91	4	consolidations	consolidation	NOUN
ftr-463	91	5	were	be	AUX
ftr-463	91	6	terms	term	NOUN
ftr-463	91	7	of	of	ADP
ftr-463	91	8	art	art	NOUN
ftr-463	91	9	under	under	ADP
ftr-463	91	10	state	state	NOUN
ftr-463	91	11	law	law	NOUN
ftr-463	91	12	,	,	PUNCT
ftr-463	91	13	requiring	require	VERB
ftr-463	91	14	compliance	compliance	NOUN
ftr-463	91	15	with	with	ADP
ftr-463	91	16	restrictive	restrictive	ADJ
ftr-463	91	17	conditions	condition	NOUN
ftr-463	91	18	(	(	PUNCT
ftr-463	91	19	or	or	CCONJ
ftr-463	91	20	the	the	DET
ftr-463	91	21	grant	grant	NOUN
ftr-463	91	22	of	of	ADP
ftr-463	91	23	legislative	legislative	ADJ
ftr-463	91	24	approval	approval	NOUN
ftr-463	91	25	)	)	PUNCT
ftr-463	91	26	and	and	CCONJ
ftr-463	91	27	giving	give	VERB
ftr-463	91	28	rise	rise	NOUN
ftr-463	91	29	to	to	ADP
ftr-463	91	30	specific	specific	ADJ
ftr-463	91	31	consequences	consequence	NOUN
ftr-463	91	32	.	.	PUNCT
ftr-463	92	1	among	among	ADP
ftr-463	92	2	the	the	DET
ftr-463	92	3	requirements	requirement	NOUN
ftr-463	92	4	were	be	AUX
ftr-463	92	5	that	that	SCONJ
ftr-463	92	6	the	the	DET
ftr-463	92	7	acquiror	acquiror	NOUN
ftr-463	92	8	and	and	CCONJ
ftr-463	92	9	target	target	NOUN
ftr-463	92	10	carry	carry	VERB
ftr-463	92	11	on	on	ADP
ftr-463	92	12	the	the	DET
ftr-463	92	13	same	same	ADJ
ftr-463	92	14	or	or	CCONJ
ftr-463	92	15	similar	similar	ADJ
ftr-463	92	16	businesses	business	NOUN
ftr-463	92	17	,	,	PUNCT
ftr-463	92	18	the	the	DET
ftr-463	92	19	shareholders	shareholder	NOUN
ftr-463	92	20	of	of	ADP
ftr-463	92	21	the	the	DET
ftr-463	92	22	target	target	NOUN
ftr-463	92	23	acquire	acquire	VERB
ftr-463	92	24	an	an	DET
ftr-463	92	25	equity	equity	NOUN
ftr-463	92	26	(	(	PUNCT
ftr-463	92	27	or	or	CCONJ
ftr-463	92	28	other	other	ADJ
ftr-463	92	29	permanent	permanent	ADJ
ftr-463	92	30	)	)	PUNCT
ftr-463	92	31	interest	interest	NOUN
ftr-463	92	32	in	in	ADP
ftr-463	92	33	the	the	DET
ftr-463	92	34	acquiror	acquiror	NOUN
ftr-463	92	35	,	,	PUNCT
ftr-463	92	36	and	and	CCONJ
ftr-463	92	37	,	,	PUNCT
ftr-463	92	38	after	after	ADP
ftr-463	92	39	the	the	DET
ftr-463	92	40	merger	merger	NOUN
ftr-463	92	41	,	,	PUNCT
ftr-463	92	42	the	the	DET
ftr-463	92	43	target	target	NOUN
ftr-463	92	44	dissolve	dissolve	VERB
ftr-463	92	45	.	.	PUNCT
ftr-463	92	46	'0	'0	VERB
ftr-463	92	47	the	the	DET
ftr-463	92	48	most	most	ADV
ftr-463	92	49	significant	significant	ADJ
ftr-463	92	50	consequence	consequence	NOUN
ftr-463	92	51	of	of	ADP
ftr-463	92	52	a	a	DET
ftr-463	92	53	state	state	NOUN
ftr-463	92	54	law	law	NOUN
ftr-463	92	55	merger	merger	NOUN
ftr-463	92	56	was	be	AUX
ftr-463	92	57	the	the	DET
ftr-463	92	58	acquiror	acquiror	NOUN
ftr-463	92	59	's	's	PART
ftr-463	92	60	liability	liability	NOUN
ftr-463	92	61	for	for	ADP
ftr-463	92	62	the	the	DET
ftr-463	92	63	target	target	NOUN
ftr-463	92	64	's	's	PART
ftr-463	92	65	legal	legal	ADJ
ftr-463	92	66	obligations	obligation	NOUN
ftr-463	92	67	.	.	PUNCT
ftr-463	92	68	"	"	PUNCT
ftr-463	93	1	the	the	DET
ftr-463	93	2	term	term	NOUN
ftr-463	93	3	"	"	PUNCT
ftr-463	93	4	reorganization	reorganization	NOUN
ftr-463	93	5	,	,	PUNCT
ftr-463	93	6	"	"	PUNCT
ftr-463	93	7	on	on	ADP
ftr-463	93	8	the	the	DET
ftr-463	93	9	other	other	ADJ
ftr-463	93	10	hand	hand	NOUN
ftr-463	93	11	,	,	PUNCT
ftr-463	93	12	was	be	AUX
ftr-463	93	13	not	not	PART
ftr-463	93	14	generally	generally	ADV
ftr-463	93	15	defined	define	VERB
ftr-463	93	16	under	under	ADP
ftr-463	93	17	state	state	NOUN
ftr-463	93	18	law	law	NOUN
ftr-463	93	19	and	and	CCONJ
ftr-463	93	20	was	be	AUX
ftr-463	93	21	not	not	PART
ftr-463	93	22	generally	generally	ADV
ftr-463	93	23	applied	apply	VERB
ftr-463	93	24	to	to	ADP
ftr-463	93	25	transactions	transaction	NOUN
ftr-463	93	26	with	with	ADP
ftr-463	93	27	multiple	multiple	ADJ
ftr-463	93	28	corporations	corporation	NOUN
ftr-463	93	29	.	.	PUNCT
ftr-463	94	1	in	in	ADP
ftr-463	94	2	regulations	regulation	NOUN
ftr-463	94	3	,	,	PUNCT
ftr-463	94	4	treasury	treasury	PROPN
ftr-463	94	5	defined	define	VERB
ftr-463	94	6	"	"	PUNCT
ftr-463	94	7	reorganization	reorganization	NOUN
ftr-463	94	8	"	"	PUNCT
ftr-463	94	9	broadly	broadly	ADV
ftr-463	94	10	,	,	PUNCT
ftr-463	94	11	but	but	CCONJ
ftr-463	94	12	maintained	maintain	VERB
ftr-463	94	13	the	the	DET
ftr-463	94	14	state	state	NOUN
ftr-463	94	15	law	law	NOUN
ftr-463	94	16	8	8	NUM
ftr-463	94	17	.	.	X
ftr-463	95	1	143	143	NUM
ftr-463	95	2	f.2d	f.2d	PUNCT
ftr-463	95	3	810	810	NUM
ftr-463	95	4	(	(	PUNCT
ftr-463	95	5	3d	3d	NUM
ftr-463	95	6	cir	cir	NOUN
ftr-463	95	7	.	.	PROPN
ftr-463	95	8	1944	1944	NUM
ftr-463	95	9	)	)	PUNCT
ftr-463	95	10	,	,	PUNCT
ftr-463	95	11	cert	cert	PROPN
ftr-463	95	12	.	.	PUNCT
ftr-463	95	13	denied	deny	VERB
ftr-463	95	14	,	,	PUNCT
ftr-463	95	15	323	323	NUM
ftr-463	95	16	u.s	u.s	PROPN
ftr-463	95	17	.	.	PROPN
ftr-463	95	18	773	773	NUM
ftr-463	95	19	(	(	PUNCT
ftr-463	95	20	1944	1944	NUM
ftr-463	95	21	)	)	PUNCT
ftr-463	95	22	.	.	PUNCT
ftr-463	96	1	9	9	X
ftr-463	96	2	.	.	X
ftr-463	96	3	revenue	revenue	NOUN
ftr-463	96	4	act	act	NOUN
ftr-463	96	5	of	of	ADP
ftr-463	96	6	1918	1918	NUM
ftr-463	96	7	,	,	PUNCT
ftr-463	96	8	§	§	PROPN
ftr-463	96	9	202(b	202(b	PROPN
ftr-463	96	10	)	)	PUNCT
ftr-463	96	11	,	,	PUNCT
ftr-463	96	12	40	40	NUM
ftr-463	96	13	stat	stat	NOUN
ftr-463	96	14	.	.	PUNCT
ftr-463	96	15	1057	1057	NUM
ftr-463	96	16	,	,	PUNCT
ftr-463	96	17	1060	1060	NUM
ftr-463	96	18	.	.	PUNCT
ftr-463	97	1	one	one	NUM
ftr-463	97	2	serious	serious	ADJ
ftr-463	97	3	deficiency	deficiency	NOUN
ftr-463	97	4	of	of	ADP
ftr-463	97	5	the	the	DET
ftr-463	97	6	1918	1918	NUM
ftr-463	97	7	act	act	NOUN
ftr-463	97	8	was	be	AUX
ftr-463	97	9	that	that	SCONJ
ftr-463	97	10	the	the	DET
ftr-463	97	11	target	target	NOUN
ftr-463	97	12	was	be	AUX
ftr-463	97	13	subject	subject	ADJ
ftr-463	97	14	to	to	ADP
ftr-463	97	15	tax	tax	NOUN
ftr-463	97	16	even	even	ADV
ftr-463	97	17	as	as	ADP
ftr-463	97	18	a	a	DET
ftr-463	97	19	result	result	NOUN
ftr-463	97	20	of	of	ADP
ftr-463	97	21	a	a	DET
ftr-463	97	22	reorganization	reorganization	NOUN
ftr-463	97	23	.	.	PUNCT
ftr-463	98	1	this	this	DET
ftr-463	98	2	failing	fail	VERB
ftr-463	98	3	was	be	AUX
ftr-463	98	4	remedied	remedied	ADJ
ftr-463	98	5	in	in	ADP
ftr-463	98	6	1924	1924	NUM
ftr-463	98	7	.	.	PUNCT
ftr-463	99	1	see	see	VERB
ftr-463	99	2	revenue	revenue	NOUN
ftr-463	99	3	act	act	NOUN
ftr-463	99	4	of	of	ADP
ftr-463	99	5	1924	1924	NUM
ftr-463	99	6	,	,	PUNCT
ftr-463	99	7	§	§	PROPN
ftr-463	99	8	§	§	PROPN
ftr-463	99	9	203(b)(3	203(b)(3	NUM
ftr-463	99	10	)	)	PUNCT
ftr-463	99	11	,	,	PUNCT
ftr-463	99	12	(	(	PUNCT
ftr-463	99	13	e	e	NOUN
ftr-463	99	14	)	)	PUNCT
ftr-463	99	15	,	,	PUNCT
ftr-463	99	16	(	(	PUNCT
ftr-463	99	17	f	f	X
ftr-463	99	18	)	)	PUNCT
ftr-463	99	19	,	,	PUNCT
ftr-463	99	20	(	(	PUNCT
ftr-463	99	21	g	g	NOUN
ftr-463	99	22	)	)	PUNCT
ftr-463	99	23	,	,	PUNCT
ftr-463	99	24	43	43	NUM
ftr-463	99	25	stat	stat	NOUN
ftr-463	99	26	.	.	PUNCT
ftr-463	100	1	253	253	NUM
ftr-463	100	2	,	,	PUNCT
ftr-463	100	3	256	256	NUM
ftr-463	100	4	-	-	SYM
ftr-463	100	5	57	57	NUM
ftr-463	100	6	.	.	PUNCT
ftr-463	101	1	10	10	NUM
ftr-463	101	2	.	.	X
ftr-463	102	1	see	see	VERB
ftr-463	102	2	,	,	PUNCT
ftr-463	102	3	e.g	e.g	PROPN
ftr-463	102	4	,	,	PUNCT
ftr-463	102	5	del	del	PROPN
ftr-463	102	6	.	.	PROPN
ftr-463	102	7	laws	law	NOUN
ftr-463	102	8	c.	c.	PROPN
ftr-463	102	9	241	241	NUM
ftr-463	102	10	(	(	PUNCT
ftr-463	102	11	1833	1833	NUM
ftr-463	102	12	)	)	PUNCT
ftr-463	102	13	;	;	PUNCT
ftr-463	102	14	pa	pa	PROPN
ftr-463	102	15	.	.	PROPN
ftr-463	102	16	laws	law	NOUN
ftr-463	102	17	no	no	INTJ
ftr-463	102	18	.	.	NOUN
ftr-463	102	19	1	1	NUM
ftr-463	102	20	(	(	PUNCT
ftr-463	102	21	1837	1837	NUM
ftr-463	102	22	)	)	PUNCT
ftr-463	102	23	;	;	PUNCT
ftr-463	102	24	n.j	n.j	PROPN
ftr-463	102	25	.	.	PROPN
ftr-463	102	26	acts	act	VERB
ftr-463	102	27	c.	c.	PROPN
ftr-463	102	28	90	90	NUM
ftr-463	102	29	(	(	PUNCT
ftr-463	102	30	1853	1853	NUM
ftr-463	102	31	)	)	PUNCT
ftr-463	102	32	;	;	PUNCT
ftr-463	103	1	mass	mass	PROPN
ftr-463	103	2	.	.	PUNCT
ftr-463	104	1	laws	laws	PROPN
ftr-463	104	2	c.	c.	PROPN
ftr-463	104	3	74	74	NUM
ftr-463	104	4	§	§	PROPN
ftr-463	104	5	1	1	NUM
ftr-463	104	6	(	(	PUNCT
ftr-463	104	7	1827	1827	NUM
ftr-463	104	8	)	)	PUNCT
ftr-463	104	9	;	;	PUNCT
ftr-463	104	10	mass	mass	PROPN
ftr-463	104	11	.	.	PUNCT
ftr-463	105	1	laws	law	NOUN
ftr-463	105	2	c.	c.	PROPN
ftr-463	105	3	50	50	NUM
ftr-463	105	4	§	§	PROPN
ftr-463	105	5	1	1	NUM
ftr-463	105	6	(	(	PUNCT
ftr-463	105	7	1840	1840	NUM
ftr-463	105	8	)	)	PUNCT
ftr-463	105	9	.	.	PUNCT
ftr-463	106	1	see	see	VERB
ftr-463	106	2	generally	generally	ADV
ftr-463	106	3	comment	comment	NOUN
ftr-463	106	4	,	,	PUNCT
ftr-463	106	5	statutory	statutory	ADJ
ftr-463	106	6	merger	merger	NOUN
ftr-463	106	7	and	and	CCONJ
ftr-463	106	8	consolidation	consolidation	NOUN
ftr-463	106	9	of	of	ADP
ftr-463	106	10	corporations	corporation	NOUN
ftr-463	106	11	,	,	PUNCT
ftr-463	106	12	45	45	NUM
ftr-463	106	13	yale	yale	PROPN
ftr-463	106	14	l.j	l.j	PROPN
ftr-463	106	15	.	.	PROPN
ftr-463	106	16	105	105	NUM
ftr-463	106	17	,	,	PUNCT
ftr-463	106	18	106	106	NUM
ftr-463	106	19	&	&	CCONJ
ftr-463	106	20	n.4	n.4	PROPN
ftr-463	106	21	,	,	PUNCT
ftr-463	106	22	109	109	NUM
ftr-463	106	23	&	&	CCONJ
ftr-463	106	24	nn.16	nn.16	PROPN
ftr-463	106	25	-	-	PUNCT
ftr-463	106	26	18	18	NUM
ftr-463	106	27	(	(	PUNCT
ftr-463	106	28	1935	1935	NUM
ftr-463	106	29	)	)	PUNCT
ftr-463	106	30	(	(	PUNCT
ftr-463	106	31	citing	cite	VERB
ftr-463	106	32	cases	case	NOUN
ftr-463	106	33	)	)	PUNCT
ftr-463	106	34	.	.	PUNCT
ftr-463	107	1	11	11	NUM
ftr-463	107	2	.	.	X
ftr-463	108	1	see	see	VERB
ftr-463	108	2	,	,	PUNCT
ftr-463	108	3	e.g.	e.g.	ADV
ftr-463	108	4	,	,	PUNCT
ftr-463	108	5	state	state	PROPN
ftr-463	108	6	v.	v.	PROPN
ftr-463	108	7	jefferson	jefferson	PROPN
ftr-463	108	8	lake	lake	PROPN
ftr-463	108	9	sulphur	sulphur	PROPN
ftr-463	108	10	co.	co.	PROPN
ftr-463	108	11	,	,	PUNCT
ftr-463	108	12	36	36	NUM
ftr-463	108	13	n.j	n.j	PROPN
ftr-463	108	14	.	.	PROPN
ftr-463	108	15	577	577	NUM
ftr-463	108	16	,	,	PUNCT
ftr-463	108	17	178	178	NUM
ftr-463	108	18	a.2d	a.2d	SYM
ftr-463	108	19	329	329	NUM
ftr-463	108	20	(	(	PUNCT
ftr-463	108	21	1962	1962	NUM
ftr-463	108	22	)	)	PUNCT
ftr-463	108	23	,	,	PUNCT
ftr-463	108	24	cert	cert	PROPN
ftr-463	108	25	.	.	PUNCT
ftr-463	109	1	denied	deny	VERB
ftr-463	109	2	,	,	PUNCT
ftr-463	109	3	370	370	NUM
ftr-463	109	4	u.s	u.s	PROPN
ftr-463	109	5	.	.	PROPN
ftr-463	109	6	158	158	NUM
ftr-463	109	7	(	(	PUNCT
ftr-463	109	8	1962	1962	NUM
ftr-463	109	9	)	)	PUNCT
ftr-463	109	10	;	;	PUNCT
ftr-463	109	11	camben	camben	VERB
ftr-463	109	12	safe	safe	ADJ
ftr-463	109	13	-	-	PUNCT
ftr-463	109	14	deposit	deposit	NOUN
ftr-463	109	15	&	&	CCONJ
ftr-463	109	16	trust	trust	PROPN
ftr-463	109	17	co.	co.	PROPN
ftr-463	109	18	v.	v.	ADP
ftr-463	109	19	burlington	burlington	PROPN
ftr-463	109	20	carpet	carpet	PROPN
ftr-463	109	21	co.	co.	PROPN
ftr-463	109	22	,	,	PUNCT
ftr-463	109	23	33	33	NUM
ftr-463	109	24	a.	a.	NOUN
ftr-463	109	25	479	479	NUM
ftr-463	109	26	,	,	PUNCT
ftr-463	109	27	480	480	NUM
ftr-463	109	28	(	(	PUNCT
ftr-463	109	29	n.j	n.j	PROPN
ftr-463	109	30	.	.	PROPN
ftr-463	109	31	ch	ch	PROPN
ftr-463	109	32	.	.	PROPN
ftr-463	109	33	1895	1895	NUM
ftr-463	109	34	)	)	PUNCT
ftr-463	109	35	;	;	PUNCT
ftr-463	109	36	la	la	PROPN
ftr-463	109	37	porta	porta	PROPN
ftr-463	109	38	v.	v.	CCONJ
ftr-463	109	39	enten	enten	PROPN
ftr-463	109	40	corp	corp	PROPN
ftr-463	109	41	.	.	PROPN
ftr-463	109	42	,	,	PUNCT
ftr-463	109	43	125	125	NUM
ftr-463	109	44	a.d	a.d	PROPN
ftr-463	109	45	.	.	PROPN
ftr-463	109	46	2d	2d	PROPN
ftr-463	109	47	367	367	NUM
ftr-463	109	48	,	,	PUNCT
ftr-463	109	49	509	509	NUM
ftr-463	109	50	n.y.s	n.y.s	NOUN
ftr-463	109	51	.	.	PUNCT
ftr-463	110	1	2d	2d	NUM
ftr-463	110	2	91	91	NUM
ftr-463	110	3	(	(	PUNCT
ftr-463	110	4	2d	2d	NUM
ftr-463	110	5	dep't	dep't	NOUN
ftr-463	110	6	1986	1986	NUM
ftr-463	110	7	)	)	PUNCT
ftr-463	110	8	;	;	PUNCT
ftr-463	110	9	greene	greene	PROPN
ftr-463	110	10	v.	v.	PROPN
ftr-463	110	11	woodland	woodland	PROPN
ftr-463	110	12	ave	ave	PROPN
ftr-463	110	13	.	.	PROPN
ftr-463	110	14	&	&	CCONJ
ftr-463	110	15	west	west	PROPN
ftr-463	110	16	side	side	PROPN
ftr-463	110	17	st	st	PROPN
ftr-463	110	18	.	.	PROPN
ftr-463	110	19	r.r	r.r	PROPN
ftr-463	110	20	.	.	PROPN
ftr-463	110	21	,	,	PUNCT
ftr-463	110	22	62	62	NUM
ftr-463	110	23	ohio	ohio	PROPN
ftr-463	110	24	st	st	PROPN
ftr-463	110	25	.	.	PROPN
ftr-463	110	26	67	67	NUM
ftr-463	110	27	,	,	PUNCT
ftr-463	110	28	79	79	NUM
ftr-463	110	29	,	,	PUNCT
ftr-463	110	30	56	56	NUM
ftr-463	110	31	n.e	n.e	PROPN
ftr-463	110	32	.	.	PROPN
ftr-463	110	33	642	642	NUM
ftr-463	110	34	,	,	PUNCT
ftr-463	110	35	646	646	NUM
ftr-463	110	36	-	-	SYM
ftr-463	110	37	47	47	NUM
ftr-463	110	38	(	(	PUNCT
ftr-463	110	39	1900	1900	NUM
ftr-463	110	40	)	)	PUNCT
ftr-463	110	41	;	;	PUNCT
ftr-463	110	42	see	see	VERB
ftr-463	110	43	also	also	ADV
ftr-463	110	44	eldon	eldon	PROPN
ftr-463	110	45	bisbee	bisbee	PROPN
ftr-463	110	46	,	,	PUNCT
ftr-463	110	47	consolidation	consolidation	NOUN
ftr-463	110	48	and	and	CCONJ
ftr-463	110	49	merger	merger	NOUN
ftr-463	110	50	,	,	PUNCT
ftr-463	110	51	6	6	NUM
ftr-463	110	52	n.y.u	n.y.u	NOUN
ftr-463	110	53	.	.	PUNCT
ftr-463	111	1	l.	l.	PROPN
ftr-463	111	2	rev	rev	PROPN
ftr-463	111	3	.	.	PROPN
ftr-463	111	4	404	404	NUM
ftr-463	111	5	,	,	PUNCT
ftr-463	111	6	414	414	NUM
ftr-463	111	7	(	(	PUNCT
ftr-463	111	8	1929	1929	NUM
ftr-463	111	9	)	)	PUNCT
ftr-463	111	10	;	;	PUNCT
ftr-463	111	11	comment	comment	NOUN
ftr-463	111	12	,	,	PUNCT
ftr-463	111	13	statutory	statutory	ADJ
ftr-463	111	14	merger	merger	NOUN
ftr-463	111	15	and	and	CCONJ
ftr-463	111	16	consolidation	consolidation	NOUN
ftr-463	111	17	of	of	ADP
ftr-463	111	18	corporations	corporation	NOUN
ftr-463	111	19	,	,	PUNCT
ftr-463	111	20	45	45	NUM
ftr-463	111	21	yale	yale	PROPN
ftr-463	111	22	l.j	l.j	PROPN
ftr-463	111	23	.	.	PROPN
ftr-463	111	24	105	105	NUM
ftr-463	111	25	,	,	PUNCT
ftr-463	111	26	122	122	NUM
ftr-463	111	27	n.90	n.90	PRON
ftr-463	111	28	(	(	PUNCT
ftr-463	111	29	1935	1935	NUM
ftr-463	111	30	)	)	PUNCT
ftr-463	111	31	(	(	PUNCT
ftr-463	111	32	citing	cite	VERB
ftr-463	111	33	statutes	statute	NOUN
ftr-463	111	34	and	and	CCONJ
ftr-463	111	35	cases	case	NOUN
ftr-463	111	36	prior	prior	ADV
ftr-463	111	37	to	to	ADP
ftr-463	111	38	1918	1918	NUM
ftr-463	111	39	)	)	PUNCT
ftr-463	111	40	.	.	PUNCT
ftr-463	112	1	[	[	X
ftr-463	112	2	vol	vol	NOUN
ftr-463	112	3	3:5	3:5	NUM
ftr-463	112	4	19961	19961	NUM
ftr-463	112	5	devolution	devolution	NOUN
ftr-463	112	6	&	&	CCONJ
ftr-463	112	7	hevitable	hevitable	ADJ
ftr-463	112	8	errinction	errinction	NOUN
ftr-463	112	9	of	of	ADP
ftr-463	112	10	the	the	DET
ftr-463	112	11	continuity	continuity	NOUN
ftr-463	112	12	of	of	ADP
ftr-463	112	13	interest	interest	NOUN
ftr-463	112	14	doctrine	doctrine	NOUN
ftr-463	112	15	193	193	NUM
ftr-463	112	16	merger	merger	NOUN
ftr-463	112	17	and	and	CCONJ
ftr-463	112	18	consolidation	consolidation	NOUN
ftr-463	112	19	requirement	requirement	NOUN
ftr-463	112	20	that	that	SCONJ
ftr-463	112	21	the	the	DET
ftr-463	112	22	target	target	NOUN
ftr-463	112	23	be	be	AUX
ftr-463	112	24	dissolved	dissolve	VERB
ftr-463	112	25	and	and	CCONJ
ftr-463	112	26	,	,	PUNCT
ftr-463	112	27	in	in	ADP
ftr-463	112	28	the	the	DET
ftr-463	112	29	case	case	NOUN
ftr-463	112	30	of	of	ADP
ftr-463	112	31	an	an	DET
ftr-463	112	32	upstream	upstream	ADJ
ftr-463	112	33	merger	merger	NOUN
ftr-463	112	34	,	,	PUNCT
ftr-463	112	35	required	require	VERB
ftr-463	112	36	that	that	SCONJ
ftr-463	112	37	both	both	DET
ftr-463	112	38	companies	company	NOUN
ftr-463	112	39	be	be	AUX
ftr-463	112	40	affiliated	affiliate	VERB
ftr-463	112	41	.	.	PUNCT
ftr-463	113	1	'in	'in	PROPN
ftr-463	113	2	1921	1921	NUM
ftr-463	113	3	,	,	PUNCT
ftr-463	113	4	congress	congress	PROPN
ftr-463	113	5	significantly	significantly	ADV
ftr-463	113	6	broadened	broaden	VERB
ftr-463	113	7	the	the	DET
ftr-463	113	8	definition	definition	NOUN
ftr-463	113	9	of	of	ADP
ftr-463	113	10	reorganization	reorganization	NOUN
ftr-463	113	11	by	by	ADP
ftr-463	113	12	including	include	VERB
ftr-463	113	13	a	a	DET
ftr-463	113	14	b	b	NOUN
ftr-463	113	15	-	-	PUNCT
ftr-463	113	16	type	type	NOUN
ftr-463	113	17	stock	stock	NOUN
ftr-463	113	18	acquisition	acquisition	NOUN
ftr-463	113	19	with	with	ADP
ftr-463	113	20	a	a	DET
ftr-463	113	21	majority	majority	NOUN
ftr-463	113	22	threshold	threshold	NOUN
ftr-463	113	23	(	(	PUNCT
ftr-463	113	24	as	as	SCONJ
ftr-463	113	25	opposed	oppose	VERB
ftr-463	113	26	to	to	ADP
ftr-463	113	27	the	the	DET
ftr-463	113	28	80	80	NUM
ftr-463	113	29	%	%	NOUN
ftr-463	113	30	requirement	requirement	NOUN
ftr-463	113	31	under	under	ADP
ftr-463	113	32	current	current	ADJ
ftr-463	113	33	law	law	NOUN
ftr-463	113	34	)	)	PUNCT
ftr-463	113	35	and	and	CCONJ
ftr-463	113	36	a	a	DET
ftr-463	113	37	c	c	NOUN
ftr-463	113	38	-	-	PUNCT
ftr-463	113	39	type	type	NOUN
ftr-463	113	40	asset	asset	NOUN
ftr-463	113	41	acquisition	acquisition	NOUN
ftr-463	113	42	.	.	PUNCT
ftr-463	114	1	section	section	NOUN
ftr-463	114	2	202(c)(2	202(c)(2	NUM
ftr-463	114	3	)	)	PUNCT
ftr-463	114	4	of	of	ADP
ftr-463	114	5	the	the	DET
ftr-463	114	6	1921	1921	NUM
ftr-463	114	7	act	act	NOUN
ftr-463	114	8	provided	provide	VERB
ftr-463	114	9	:	:	PUNCT
ftr-463	114	10	the	the	DET
ftr-463	114	11	word	word	NOUN
ftr-463	114	12	"	"	PUNCT
ftr-463	114	13	reorganization	reorganization	NOUN
ftr-463	114	14	,	,	PUNCT
ftr-463	114	15	"	"	PUNCT
ftr-463	114	16	as	as	SCONJ
ftr-463	114	17	used	use	VERB
ftr-463	114	18	in	in	ADP
ftr-463	114	19	this	this	DET
ftr-463	114	20	paragraph	paragraph	NOUN
ftr-463	114	21	,	,	PUNCT
ftr-463	114	22	includes	include	VERB
ftr-463	114	23	[	[	X
ftr-463	114	24	a	a	X
ftr-463	114	25	]	]	X
ftr-463	114	26	a	a	DET
ftr-463	114	27	merger	merger	NOUN
ftr-463	114	28	or	or	CCONJ
ftr-463	114	29	consolidation	consolidation	NOUN
ftr-463	114	30	(	(	PUNCT
ftr-463	114	31	including	include	VERB
ftr-463	114	32	the	the	DET
ftr-463	114	33	acquisition	acquisition	NOUN
ftr-463	114	34	by	by	ADP
ftr-463	114	35	one	one	NUM
ftr-463	114	36	corporation	corporation	NOUN
ftr-463	115	1	[	[	X
ftr-463	115	2	b	b	X
ftr-463	115	3	]	]	X
ftr-463	115	4	of	of	ADP
ftr-463	115	5	at	at	ADV
ftr-463	115	6	least	least	ADJ
ftr-463	115	7	a	a	DET
ftr-463	115	8	majority	majority	NOUN
ftr-463	115	9	of	of	ADP
ftr-463	115	10	the	the	DET
ftr-463	115	11	voting	voting	NOUN
ftr-463	115	12	stock	stock	NOUN
ftr-463	115	13	and	and	CCONJ
ftr-463	115	14	at	at	ADP
ftr-463	115	15	least	least	ADJ
ftr-463	115	16	a	a	DET
ftr-463	115	17	majority	majority	NOUN
ftr-463	115	18	of	of	ADP
ftr-463	115	19	the	the	DET
ftr-463	115	20	total	total	ADJ
ftr-463	115	21	number	number	NOUN
ftr-463	115	22	of	of	ADP
ftr-463	115	23	shares	share	NOUN
ftr-463	115	24	of	of	ADP
ftr-463	115	25	all	all	DET
ftr-463	115	26	other	other	ADJ
ftr-463	115	27	classes	class	NOUN
ftr-463	115	28	of	of	ADP
ftr-463	115	29	stock	stock	NOUN
ftr-463	115	30	of	of	ADP
ftr-463	115	31	another	another	DET
ftr-463	115	32	corporation	corporation	NOUN
ftr-463	115	33	,	,	PUNCT
ftr-463	115	34	or	or	CCONJ
ftr-463	115	35	[	[	X
ftr-463	115	36	c	c	X
ftr-463	115	37	]	]	PUNCT
ftr-463	115	38	of	of	ADP
ftr-463	115	39	substantially	substantially	ADV
ftr-463	115	40	all	all	DET
ftr-463	115	41	the	the	DET
ftr-463	115	42	properties	property	NOUN
ftr-463	115	43	of	of	ADP
ftr-463	115	44	another	another	DET
ftr-463	115	45	corporation	corporation	NOUN
ftr-463	115	46	)	)	PUNCT
ftr-463	115	47	,	,	PUNCT
ftr-463	116	1	[	[	X
ftr-463	116	2	e	e	X
ftr-463	116	3	]	]	X
ftr-463	116	4	recapitalization	recapitalization	NOUN
ftr-463	116	5	,	,	PUNCT
ftr-463	116	6	or	or	CCONJ
ftr-463	116	7	[	[	X
ftr-463	116	8	f	f	X
ftr-463	116	9	]	]	X
ftr-463	116	10	mere	mere	ADJ
ftr-463	116	11	change	change	NOUN
ftr-463	116	12	in	in	ADP
ftr-463	116	13	identity	identity	NOUN
ftr-463	116	14	,	,	PUNCT
ftr-463	116	15	form	form	NOUN
ftr-463	116	16	,	,	PUNCT
ftr-463	116	17	or	or	CCONJ
ftr-463	116	18	place	place	NOUN
ftr-463	116	19	of	of	ADP
ftr-463	116	20	organization	organization	NOUN
ftr-463	116	21	of	of	ADP
ftr-463	116	22	a	a	DET
ftr-463	116	23	corporation	corporation	NOUN
ftr-463	116	24	.	.	PUNCT
ftr-463	116	25	'	'	PUNCT
ftr-463	117	1	3	3	NUM
ftr-463	117	2	the	the	DET
ftr-463	117	3	decision	decision	NOUN
ftr-463	117	4	to	to	PART
ftr-463	117	5	include	include	VERB
ftr-463	117	6	a	a	DET
ftr-463	117	7	stock	stock	NOUN
ftr-463	117	8	acquisition	acquisition	NOUN
ftr-463	117	9	as	as	ADP
ftr-463	117	10	a	a	DET
ftr-463	117	11	reorganization	reorganization	NOUN
ftr-463	117	12	was	be	AUX
ftr-463	117	13	the	the	DET
ftr-463	117	14	subject	subject	NOUN
ftr-463	117	15	of	of	ADP
ftr-463	117	16	heated	heated	ADJ
ftr-463	117	17	debate	debate	NOUN
ftr-463	117	18	in	in	ADP
ftr-463	117	19	the	the	DET
ftr-463	117	20	senate,14	senate,14	NOUN
ftr-463	117	21	but	but	CCONJ
ftr-463	117	22	the	the	DET
ftr-463	117	23	addition	addition	NOUN
ftr-463	117	24	of	of	ADP
ftr-463	117	25	the	the	DET
ftr-463	117	26	parenthetical	parenthetical	ADJ
ftr-463	117	27	clause	clause	NOUN
ftr-463	117	28	"	"	PUNCT
ftr-463	117	29	to	to	PART
ftr-463	117	30	include	include	VERB
ftr-463	117	31	"	"	PUNCT
ftr-463	117	32	an	an	DET
ftr-463	117	33	asset	asset	NOUN
ftr-463	117	34	acquisition	acquisition	NOUN
ftr-463	117	35	does	do	AUX
ftr-463	117	36	not	not	PART
ftr-463	117	37	appear	appear	VERB
ftr-463	117	38	to	to	PART
ftr-463	117	39	have	have	AUX
ftr-463	117	40	been	be	AUX
ftr-463	117	41	12	12	NUM
ftr-463	117	42	.	.	PUNCT
ftr-463	118	1	in	in	ADP
ftr-463	118	2	general	general	ADJ
ftr-463	118	3	,	,	PUNCT
ftr-463	118	4	where	where	SCONJ
ftr-463	118	5	two	two	NUM
ftr-463	118	6	(	(	PUNCT
ftr-463	118	7	or	or	CCONJ
ftr-463	118	8	more	more	ADJ
ftr-463	118	9	)	)	PUNCT
ftr-463	118	10	corporations	corporation	NOUN
ftr-463	118	11	unitc	unitc	VERB
ftr-463	118	12	their	their	PRON
ftr-463	118	13	properties	property	NOUN
ftr-463	118	14	,	,	PUNCT
ftr-463	118	15	by	by	ADP
ftr-463	118	16	either	either	CCONJ
ftr-463	118	17	(	(	PUNCT
ftr-463	118	18	a	a	X
ftr-463	118	19	)	)	PUNCT
ftr-463	118	20	the	the	DET
ftr-463	118	21	dissolution	dissolution	NOUN
ftr-463	118	22	of	of	ADP
ftr-463	118	23	corporation	corporation	PROPN
ftr-463	118	24	b	b	PROPN
ftr-463	118	25	and	and	CCONJ
ftr-463	118	26	the	the	DET
ftr-463	118	27	sale	sale	NOUN
ftr-463	118	28	of	of	ADP
ftr-463	118	29	its	its	PRON
ftr-463	118	30	assets	asset	NOUN
ftr-463	118	31	to	to	PART
ftr-463	118	32	corporation	corporation	VERB
ftr-463	118	33	a	a	PRON
ftr-463	118	34	,	,	PUNCT
ftr-463	118	35	or	or	CCONJ
ftr-463	118	36	(	(	PUNCT
ftr-463	118	37	b	b	X
ftr-463	118	38	)	)	PUNCT
ftr-463	118	39	the	the	DET
ftr-463	118	40	sale	sale	NOUN
ftr-463	118	41	of	of	ADP
ftr-463	118	42	its	its	PRON
ftr-463	118	43	property	property	NOUN
ftr-463	118	44	by	by	ADP
ftr-463	118	45	b	b	PROPN
ftr-463	118	46	to	to	ADP
ftr-463	118	47	a	a	PRON
ftr-463	118	48	and	and	CCONJ
ftr-463	118	49	the	the	DET
ftr-463	118	50	dissolution	dissolution	NOUN
ftr-463	118	51	of	of	ADP
ftr-463	118	52	b	b	NOUN
ftr-463	118	53	,	,	PUNCT
ftr-463	118	54	or	or	CCONJ
ftr-463	118	55	(	(	PUNCT
ftr-463	118	56	c	c	X
ftr-463	118	57	)	)	PUNCT
ftr-463	118	58	the	the	DET
ftr-463	118	59	sale	sale	NOUN
ftr-463	118	60	of	of	ADP
ftr-463	118	61	the	the	DET
ftr-463	118	62	stock	stock	NOUN
ftr-463	118	63	of	of	ADP
ftr-463	118	64	b	b	PROPN
ftr-463	118	65	to	to	ADP
ftr-463	118	66	a	a	PRON
ftr-463	118	67	and	and	CCONJ
ftr-463	118	68	the	the	DET
ftr-463	118	69	dissolution	dissolution	NOUN
ftr-463	118	70	of	of	ADP
ftr-463	118	71	b	b	PROPN
ftr-463	118	72	...	...	PUNCT
ftr-463	118	73	the	the	DET
ftr-463	118	74	term	term	NOUN
ftr-463	118	75	"	"	PUNCT
ftr-463	118	76	reorganization	reorganization	NOUN
ftr-463	118	77	,	,	PUNCT
ftr-463	118	78	"	"	PUNCT
ftr-463	118	79	as	as	SCONJ
ftr-463	118	80	used	use	VERB
ftr-463	118	81	in	in	ADP
ftr-463	118	82	section	section	NOUN
ftr-463	118	83	202	202	NUM
ftr-463	118	84	of	of	ADP
ftr-463	118	85	the	the	DET
ftr-463	118	86	statute	statute	NOUN
ftr-463	118	87	,	,	PUNCT
ftr-463	118	88	includes	include	VERB
ftr-463	118	89	cases	case	NOUN
ftr-463	118	90	of	of	ADP
ftr-463	118	91	corporate	corporate	ADJ
ftr-463	118	92	readjustment	readjustment	NOUN
ftr-463	118	93	where	where	SCONJ
ftr-463	118	94	stockholders	stockholder	NOUN
ftr-463	118	95	exchange	exchange	VERB
ftr-463	118	96	their	their	PRON
ftr-463	118	97	stock	stock	NOUN
ftr-463	118	98	for	for	ADP
ftr-463	118	99	the	the	DET
ftr-463	118	100	stock	stock	NOUN
ftr-463	118	101	of	of	ADP
ftr-463	118	102	a	a	DET
ftr-463	118	103	holding	hold	VERB
ftr-463	118	104	corporation	corporation	NOUN
ftr-463	118	105	,	,	PUNCT
ftr-463	118	106	provided	provide	VERB
ftr-463	118	107	the	the	DET
ftr-463	118	108	holding	hold	VERB
ftr-463	118	109	corporation	corporation	NOUN
ftr-463	118	110	and	and	CCONJ
ftr-463	118	111	the	the	DET
ftr-463	118	112	original	original	ADJ
ftr-463	118	113	corporation	corporation	NOUN
ftr-463	118	114	,	,	PUNCT
ftr-463	118	115	in	in	ADP
ftr-463	118	116	which	which	PRON
ftr-463	118	117	it	it	PRON
ftr-463	118	118	holds	hold	VERB
ftr-463	118	119	stock	stock	NOUN
ftr-463	118	120	,	,	PUNCT
ftr-463	118	121	are	be	AUX
ftr-463	118	122	so	so	ADV
ftr-463	118	123	closely	closely	ADV
ftr-463	118	124	related	relate	VERB
ftr-463	118	125	that	that	SCONJ
ftr-463	118	126	the	the	DET
ftr-463	118	127	two	two	NUM
ftr-463	118	128	corporations	corporation	NOUN
ftr-463	118	129	..	..	PUNCT
ftr-463	118	130	,	,	PUNCT
ftr-463	118	131	are	be	AUX
ftr-463	118	132	thus	thus	ADV
ftr-463	118	133	required	require	VERB
ftr-463	118	134	to	to	PART
ftr-463	118	135	file	file	VERB
ftr-463	118	136	consolidated	consolidated	ADJ
ftr-463	118	137	returns	return	NOUN
ftr-463	118	138	.	.	PUNCT
ftr-463	119	1	regs	reg	NOUN
ftr-463	119	2	.	.	PUNCT
ftr-463	120	1	45	45	NUM
ftr-463	120	2	,	,	PUNCT
ftr-463	120	3	art	art	NOUN
ftr-463	120	4	.	.	PUNCT
ftr-463	121	1	1567	1567	NUM
ftr-463	121	2	(	(	PUNCT
ftr-463	121	3	1921	1921	NUM
ftr-463	121	4	)	)	PUNCT
ftr-463	121	5	.	.	PUNCT
ftr-463	122	1	13	13	NUM
ftr-463	122	2	.	.	PUNCT
ftr-463	123	1	revenue	revenue	NOUN
ftr-463	123	2	act	act	NOUN
ftr-463	123	3	of	of	ADP
ftr-463	123	4	1921	1921	NUM
ftr-463	123	5	,	,	PUNCT
ftr-463	123	6	§	§	PROPN
ftr-463	123	7	202(c)(2	202(c)(2	NUM
ftr-463	123	8	)	)	PUNCT
ftr-463	123	9	,	,	PUNCT
ftr-463	123	10	42	42	NUM
ftr-463	123	11	stat	stat	NOUN
ftr-463	123	12	.	.	PUNCT
ftr-463	124	1	227	227	NUM
ftr-463	124	2	.	.	NUM
ftr-463	124	3	230	230	NUM
ftr-463	124	4	(	(	PUNCT
ftr-463	124	5	1921	1921	NUM
ftr-463	124	6	)	)	PUNCT
ftr-463	124	7	(	(	PUNCT
ftr-463	124	8	emphasis	emphasis	NOUN
ftr-463	124	9	added	add	VERB
ftr-463	124	10	)	)	PUNCT
ftr-463	124	11	.	.	PUNCT
ftr-463	125	1	the	the	DET
ftr-463	125	2	predecessor	predecessor	NOUN
ftr-463	125	3	paragraphs	paragraph	VERB
ftr-463	125	4	to	to	PART
ftr-463	125	5	modem	modem	VERB
ftr-463	125	6	§	§	PROPN
ftr-463	125	7	368(a)(1	368(a)(1	NUM
ftr-463	125	8	)	)	PUNCT
ftr-463	125	9	are	be	AUX
ftr-463	125	10	bracketed	bracket	VERB
ftr-463	125	11	and	and	CCONJ
ftr-463	125	12	the	the	DET
ftr-463	125	13	key	key	ADJ
ftr-463	125	14	c	c	NOUN
ftr-463	125	15	reorganization	reorganization	NOUN
ftr-463	125	16	phrase	phrase	NOUN
ftr-463	125	17	is	be	AUX
ftr-463	125	18	italicized	italicize	VERB
ftr-463	125	19	.	.	PUNCT
ftr-463	126	1	the	the	DET
ftr-463	126	2	relevant	relevant	ADJ
ftr-463	126	3	language	language	NOUN
ftr-463	126	4	was	be	AUX
ftr-463	126	5	reenacted	reenact	VERB
ftr-463	126	6	without	without	ADP
ftr-463	126	7	substantive	substantive	ADJ
ftr-463	126	8	change	change	NOUN
ftr-463	126	9	in	in	ADP
ftr-463	126	10	1924	1924	NUM
ftr-463	126	11	,	,	PUNCT
ftr-463	126	12	1926	1926	NUM
ftr-463	126	13	,	,	PUNCT
ftr-463	126	14	1928	1928	NUM
ftr-463	126	15	,	,	PUNCT
ftr-463	126	16	and	and	CCONJ
ftr-463	126	17	1932	1932	NUM
ftr-463	126	18	.	.	PUNCT
ftr-463	127	1	see	see	VERB
ftr-463	127	2	revenue	revenue	NOUN
ftr-463	127	3	act	act	NOUN
ftr-463	127	4	of	of	ADP
ftr-463	127	5	1924	1924	NUM
ftr-463	127	6	,	,	PUNCT
ftr-463	127	7	§	§	PROPN
ftr-463	127	8	203(h)(1	203(h)(1	NUM
ftr-463	127	9	)	)	PUNCT
ftr-463	127	10	,	,	PUNCT
ftr-463	127	11	43	43	NUM
ftr-463	127	12	stat	stat	NOUN
ftr-463	127	13	.	.	PUNCT
ftr-463	128	1	253	253	NUM
ftr-463	128	2	.	.	PUNCT
ftr-463	129	1	257	257	NUM
ftr-463	129	2	;	;	PUNCT
ftr-463	129	3	revenue	revenue	NOUN
ftr-463	129	4	act	act	NOUN
ftr-463	129	5	of	of	ADP
ftr-463	129	6	1926	1926	NUM
ftr-463	129	7	,	,	PUNCT
ftr-463	129	8	§	§	PROPN
ftr-463	129	9	203(h)(1	203(h)(1	NUM
ftr-463	129	10	)	)	PUNCT
ftr-463	129	11	,	,	PUNCT
ftr-463	129	12	44	44	NUM
ftr-463	129	13	stat	stat	NOUN
ftr-463	129	14	.	.	PUNCT
ftr-463	130	1	9	9	NUM
ftr-463	130	2	,	,	PUNCT
ftr-463	130	3	14	14	NUM
ftr-463	130	4	;	;	PUNCT
ftr-463	130	5	revenue	revenue	NOUN
ftr-463	130	6	act	act	NOUN
ftr-463	130	7	of	of	ADP
ftr-463	130	8	1928	1928	NUM
ftr-463	130	9	.	.	PUNCT
ftr-463	131	1	§	§	PROPN
ftr-463	131	2	112(i	112(i	PROPN
ftr-463	131	3	)	)	PUNCT
ftr-463	131	4	.	.	PUNCT
ftr-463	132	1	45	45	NUM
ftr-463	132	2	stat	stat	NOUN
ftr-463	132	3	.	.	PUNCT
ftr-463	133	1	791	791	NUM
ftr-463	133	2	,	,	PUNCT
ftr-463	133	3	818	818	NUM
ftr-463	133	4	:	:	PUNCT
ftr-463	133	5	revenue	revenue	NOUN
ftr-463	133	6	act	act	NOUN
ftr-463	133	7	of	of	ADP
ftr-463	133	8	1932	1932	NUM
ftr-463	133	9	,	,	PUNCT
ftr-463	133	10	§	§	PROPN
ftr-463	133	11	112(i	112(i	PROPN
ftr-463	133	12	)	)	PUNCT
ftr-463	133	13	,	,	PUNCT
ftr-463	133	14	47	47	NUM
ftr-463	133	15	stat	stat	NOUN
ftr-463	133	16	.	.	PUNCT
ftr-463	134	1	169	169	NUM
ftr-463	134	2	,	,	PUNCT
ftr-463	134	3	198	198	NUM
ftr-463	134	4	.	.	PUNCT
ftr-463	135	1	as	as	SCONJ
ftr-463	135	2	described	describe	VERB
ftr-463	135	3	below	below	ADV
ftr-463	135	4	in	in	ADP
ftr-463	135	5	note	note	NOUN
ftr-463	135	6	18	18	NUM
ftr-463	135	7	,	,	PUNCT
ftr-463	135	8	d	d	PROPN
ftr-463	135	9	reorganizations	reorganization	NOUN
ftr-463	135	10	were	be	AUX
ftr-463	135	11	added	add	VERB
ftr-463	135	12	in	in	ADP
ftr-463	135	13	1924	1924	NUM
ftr-463	135	14	.	.	PUNCT
ftr-463	136	1	14	14	NUM
ftr-463	136	2	.	.	PUNCT
ftr-463	137	1	one	one	NUM
ftr-463	137	2	senator	senator	NOUN
ftr-463	137	3	argued	argue	VERB
ftr-463	137	4	that	that	SCONJ
ftr-463	137	5	the	the	DET
ftr-463	137	6	exchange	exchange	NOUN
ftr-463	137	7	of	of	ADP
ftr-463	137	8	a	a	DET
ftr-463	137	9	majority	majority	NOUN
ftr-463	137	10	interest	interest	NOUN
ftr-463	137	11	in	in	ADP
ftr-463	137	12	a	a	DET
ftr-463	137	13	target	target	NOUN
ftr-463	137	14	corporation	corporation	NOUN
ftr-463	137	15	for	for	ADP
ftr-463	137	16	stock	stock	NOUN
ftr-463	137	17	in	in	ADP
ftr-463	137	18	a	a	DET
ftr-463	137	19	corporate	corporate	ADJ
ftr-463	137	20	conglomerate	conglomerate	NOUN
ftr-463	137	21	was	be	AUX
ftr-463	137	22	the	the	DET
ftr-463	137	23	equivalent	equivalent	NOUN
ftr-463	137	24	of	of	ADP
ftr-463	137	25	a	a	DET
ftr-463	137	26	sale	sale	NOUN
ftr-463	137	27	and	and	CCONJ
ftr-463	137	28	should	should	AUX
ftr-463	137	29	be	be	AUX
ftr-463	137	30	taxed	tax	VERB
ftr-463	137	31	as	as	ADP
ftr-463	137	32	such	such	ADJ
ftr-463	137	33	.	.	PUNCT
ftr-463	137	34	61	61	NUM
ftr-463	137	35	cong	cong	NOUN
ftr-463	137	36	.	.	PUNCT
ftr-463	138	1	rec	rec	PROPN
ftr-463	138	2	.	.	PROPN
ftr-463	138	3	6560	6560	NUM
ftr-463	138	4	,	,	PUNCT
ftr-463	138	5	6566	6566	NUM
ftr-463	138	6	(	(	PUNCT
ftr-463	138	7	1921	1921	NUM
ftr-463	138	8	)	)	PUNCT
ftr-463	138	9	.	.	PUNCT
ftr-463	139	1	the	the	DET
ftr-463	139	2	majority	majority	NOUN
ftr-463	139	3	nevertheless	nevertheless	ADV
ftr-463	139	4	voted	vote	VERB
ftr-463	139	5	for	for	ADP
ftr-463	139	6	a	a	DET
ftr-463	139	7	broad	broad	ADJ
ftr-463	139	8	definition	definition	NOUN
ftr-463	139	9	of	of	ADP
ftr-463	139	10	a	a	DET
ftr-463	139	11	tax	tax	NOUN
ftr-463	139	12	-	-	PUNCT
ftr-463	139	13	free	free	ADJ
ftr-463	139	14	stock	stock	NOUN
ftr-463	139	15	acquisition	acquisition	NOUN
ftr-463	139	16	for	for	ADP
ftr-463	139	17	two	two	NUM
ftr-463	139	18	reasons	reason	NOUN
ftr-463	139	19	.	.	PUNCT
ftr-463	140	1	first	first	ADV
ftr-463	140	2	.	.	PUNCT
ftr-463	141	1	in	in	ADP
ftr-463	141	2	a	a	DET
ftr-463	141	3	"	"	PUNCT
ftr-463	141	4	country	country	NOUN
ftr-463	141	5	-	-	PUNCT
ftr-463	141	6	wide	wide	ADJ
ftr-463	141	7	"	"	PUNCT
ftr-463	141	8	corporation	corporation	NOUN
ftr-463	141	9	,	,	PUNCT
ftr-463	141	10	it	it	PRON
ftr-463	141	11	was	be	AUX
ftr-463	141	12	often	often	ADV
ftr-463	141	13	impossible	impossible	ADJ
ftr-463	141	14	to	to	PART
ftr-463	141	15	coordinate	coordinate	VERB
ftr-463	141	16	an	an	DET
ftr-463	141	17	exchange	exchange	NOUN
ftr-463	141	18	offer	offer	NOUN
ftr-463	141	19	with	with	ADP
ftr-463	141	20	more	more	ADJ
ftr-463	141	21	than	than	ADP
ftr-463	141	22	a	a	DET
ftr-463	141	23	majority	majority	NOUN
ftr-463	141	24	of	of	ADP
ftr-463	141	25	the	the	DET
ftr-463	141	26	shareholders	shareholder	NOUN
ftr-463	141	27	.	.	PUNCT
ftr-463	142	1	see	see	VERB
ftr-463	142	2	i	i	PRON
ftr-463	142	3	d.	d.	PROPN
ftr-463	142	4	at	at	ADP
ftr-463	142	5	6564	6564	NUM
ftr-463	142	6	(	(	PUNCT
ftr-463	142	7	senator	senator	PROPN
ftr-463	142	8	watson	watson	PROPN
ftr-463	142	9	)	)	PUNCT
ftr-463	142	10	.	.	PUNCT
ftr-463	143	1	second	second	ADJ
ftr-463	143	2	,	,	PUNCT
ftr-463	143	3	in	in	ADP
ftr-463	143	4	the	the	DET
ftr-463	143	5	absence	absence	NOUN
ftr-463	143	6	of	of	ADP
ftr-463	143	7	the	the	DET
ftr-463	143	8	provision	provision	NOUN
ftr-463	143	9	,	,	PUNCT
ftr-463	143	10	a	a	DET
ftr-463	143	11	shareholder	shareholder	NOUN
ftr-463	143	12	with	with	ADP
ftr-463	143	13	a	a	DET
ftr-463	143	14	depreciated	depreciate	VERB
ftr-463	143	15	majority	majority	NOUN
ftr-463	143	16	interest	interest	NOUN
ftr-463	143	17	could	could	AUX
ftr-463	143	18	contribute	contribute	VERB
ftr-463	143	19	his	his	PRON
ftr-463	143	20	interest	interest	NOUN
ftr-463	143	21	to	to	ADP
ftr-463	143	22	a	a	DET
ftr-463	143	23	newlyformed	newlyformed	ADJ
ftr-463	143	24	holding	hold	VERB
ftr-463	143	25	company	company	NOUN
ftr-463	143	26	in	in	ADP
ftr-463	143	27	exchange	exchange	NOUN
ftr-463	143	28	for	for	ADP
ftr-463	143	29	stock	stock	NOUN
ftr-463	143	30	and	and	CCONJ
ftr-463	143	31	claim	claim	VERB
ftr-463	143	32	a	a	DET
ftr-463	143	33	loss	loss	NOUN
ftr-463	143	34	.	.	PUNCT
ftr-463	144	1	see	see	VERB
ftr-463	144	2	i	i	PRON
ftr-463	144	3	d.	d.	PROPN
ftr-463	144	4	(	(	PUNCT
ftr-463	144	5	senator	senator	PROPN
ftr-463	144	6	smoot	smoot	PROPN
ftr-463	144	7	)	)	PUNCT
ftr-463	144	8	.	.	PUNCT
ftr-463	145	1	this	this	PRON
ftr-463	145	2	was	be	AUX
ftr-463	145	3	probably	probably	ADV
ftr-463	145	4	not	not	PART
ftr-463	145	5	an	an	DET
ftr-463	145	6	unusual	unusual	ADJ
ftr-463	145	7	transaction	transaction	NOUN
ftr-463	145	8	in	in	ADP
ftr-463	145	9	1921	1921	NUM
ftr-463	145	10	during	during	ADP
ftr-463	145	11	the	the	DET
ftr-463	145	12	economic	economic	ADJ
ftr-463	145	13	downturn	downturn	NOUN
ftr-463	145	14	that	that	PRON
ftr-463	145	15	followed	follow	VERB
ftr-463	145	16	the	the	DET
ftr-463	145	17	end	end	NOUN
ftr-463	145	18	of	of	ADP
ftr-463	145	19	world	world	PROPN
ftr-463	145	20	war	war	PROPN
ftr-463	145	21	i.	i.	PROPN
ftr-463	145	22	florida	florida	PROPN
ftr-463	145	23	tax	tax	PROPN
ftr-463	145	24	review	review	NOUN
ftr-463	145	25	discussed	discuss	VERB
ftr-463	145	26	at	at	ADV
ftr-463	145	27	all	all	ADV
ftr-463	145	28	.	.	PUNCT
ftr-463	146	1	nevertheless	nevertheless	ADV
ftr-463	146	2	,	,	PUNCT
ftr-463	146	3	contemporaneous	contemporaneous	ADJ
ftr-463	146	4	sources	source	NOUN
ftr-463	146	5	indicate	indicate	VERB
ftr-463	146	6	that	that	SCONJ
ftr-463	146	7	asset	asset	NOUN
ftr-463	146	8	acquisitions	acquisition	NOUN
ftr-463	146	9	were	be	AUX
ftr-463	146	10	included	include	VERB
ftr-463	146	11	because	because	SCONJ
ftr-463	146	12	some	some	DET
ftr-463	146	13	states	state	NOUN
ftr-463	146	14	had	have	AUX
ftr-463	146	15	not	not	PART
ftr-463	146	16	yet	yet	ADV
ftr-463	146	17	passed	pass	VERB
ftr-463	146	18	statutes	statute	NOUN
ftr-463	146	19	authorizing	authorize	VERB
ftr-463	146	20	mergers	merger	NOUN
ftr-463	146	21	and	and	CCONJ
ftr-463	146	22	consolidations	consolidation	NOUN
ftr-463	146	23	and	and	CCONJ
ftr-463	146	24	other	other	ADJ
ftr-463	146	25	states	state	NOUN
ftr-463	146	26	prohibited	prohibit	VERB
ftr-463	146	27	mergers	merger	NOUN
ftr-463	146	28	and	and	CCONJ
ftr-463	146	29	consolidations	consolidation	NOUN
ftr-463	146	30	with	with	ADP
ftr-463	146	31	out	out	ADV
ftr-463	146	32	-	-	PUNCT
ftr-463	146	33	of	of	ADP
ftr-463	146	34	-	-	PUNCT
ftr-463	146	35	state	state	NOUN
ftr-463	146	36	corporations	corporation	NOUN
ftr-463	146	37	.	.	PUNCT
ftr-463	147	1	therefore	therefore	ADV
ftr-463	147	2	,	,	PUNCT
ftr-463	147	3	in	in	ADP
ftr-463	147	4	drafting	draft	VERB
ftr-463	147	5	the	the	DET
ftr-463	147	6	revenue	revenue	NOUN
ftr-463	147	7	act	act	NOUN
ftr-463	147	8	of	of	ADP
ftr-463	147	9	1921	1921	NUM
ftr-463	147	10	and	and	CCONJ
ftr-463	147	11	subsequent	subsequent	ADJ
ftr-463	147	12	acts	act	NOUN
ftr-463	147	13	,	,	PUNCT
ftr-463	147	14	congress	congress	PROPN
ftr-463	147	15	sought	seek	VERB
ftr-463	147	16	to	to	PART
ftr-463	147	17	provide	provide	VERB
ftr-463	147	18	for	for	ADP
ftr-463	147	19	the	the	DET
ftr-463	147	20	situation	situation	NOUN
ftr-463	147	21	presented	present	VERB
ftr-463	147	22	where	where	SCONJ
ftr-463	147	23	an	an	DET
ftr-463	147	24	attempt	attempt	NOUN
ftr-463	147	25	was	be	AUX
ftr-463	147	26	made	make	VERB
ftr-463	147	27	to	to	PART
ftr-463	147	28	effectuate	effectuate	VERB
ftr-463	147	29	a	a	DET
ftr-463	147	30	practical	practical	ADJ
ftr-463	147	31	merger	merger	NOUN
ftr-463	147	32	or	or	CCONJ
ftr-463	147	33	consolidation	consolidation	NOUN
ftr-463	147	34	without	without	ADP
ftr-463	147	35	compliance	compliance	NOUN
ftr-463	147	36	with	with	ADP
ftr-463	147	37	the	the	DET
ftr-463	147	38	technical	technical	ADJ
ftr-463	147	39	requirements	requirement	NOUN
ftr-463	147	40	of	of	ADP
ftr-463	147	41	state	state	NOUN
ftr-463	147	42	laws	law	NOUN
ftr-463	147	43	,	,	PUNCT
ftr-463	147	44	or	or	CCONJ
ftr-463	147	45	where	where	SCONJ
ftr-463	147	46	there	there	PRON
ftr-463	147	47	is	be	VERB
ftr-463	147	48	no	no	DET
ftr-463	147	49	state	state	NOUN
ftr-463	147	50	law	law	NOUN
ftr-463	147	51	,	,	PUNCT
ftr-463	147	52	covering	cover	VERB
ftr-463	147	53	the	the	DET
ftr-463	147	54	readjustment	readjustment	NOUN
ftr-463	147	55	which	which	PRON
ftr-463	147	56	has	have	AUX
ftr-463	147	57	taken	take	VERB
ftr-463	147	58	place.15	place.15	PRON
ftr-463	147	59	however	however	ADV
ftr-463	147	60	,	,	PUNCT
ftr-463	147	61	in	in	ADP
ftr-463	147	62	expanding	expand	VERB
ftr-463	147	63	the	the	DET
ftr-463	147	64	definition	definition	NOUN
ftr-463	147	65	of	of	ADP
ftr-463	147	66	reorganization	reorganization	NOUN
ftr-463	147	67	to	to	PART
ftr-463	147	68	cover	cover	VERB
ftr-463	147	69	the	the	DET
ftr-463	147	70	merger	merger	NOUN
ftr-463	147	71	-	-	PUNCT
ftr-463	147	72	like	like	ADJ
ftr-463	147	73	acquisition	acquisition	NOUN
ftr-463	147	74	of	of	ADP
ftr-463	147	75	substantially	substantially	ADV
ftr-463	147	76	all	all	DET
ftr-463	147	77	the	the	DET
ftr-463	147	78	assets	asset	NOUN
ftr-463	147	79	of	of	ADP
ftr-463	147	80	a	a	DET
ftr-463	147	81	target	target	NOUN
ftr-463	147	82	corporation	corporation	NOUN
ftr-463	147	83	,	,	PUNCT
ftr-463	147	84	congress	congress	PROPN
ftr-463	147	85	neglected	neglect	VERB
ftr-463	147	86	to	to	PART
ftr-463	147	87	include	include	VERB
ftr-463	147	88	the	the	DET
ftr-463	147	89	requirement	requirement	NOUN
ftr-463	147	90	of	of	ADP
ftr-463	147	91	state	state	NOUN
ftr-463	147	92	merger	merger	NOUN
ftr-463	147	93	laws	law	NOUN
ftr-463	147	94	at	at	ADP
ftr-463	147	95	that	that	DET
ftr-463	147	96	time	time	NOUN
ftr-463	147	97	:	:	PUNCT
ftr-463	147	98	the	the	DET
ftr-463	147	99	consideration	consideration	NOUN
ftr-463	147	100	had	have	VERB
ftr-463	147	101	to	to	PART
ftr-463	147	102	include	include	VERB
ftr-463	147	103	acquiror	acquiror	NOUN
ftr-463	147	104	stock	stock	NOUN
ftr-463	147	105	.	.	PUNCT
ftr-463	148	1	16	16	NUM
ftr-463	148	2	(	(	PUNCT
ftr-463	148	3	incidentally	incidentally	ADV
ftr-463	148	4	,	,	PUNCT
ftr-463	148	5	it	it	PRON
ftr-463	148	6	took	take	VERB
ftr-463	148	7	15	15	NUM
ftr-463	148	8	.	.	PUNCT
ftr-463	149	1	mark	mark	PROPN
ftr-463	149	2	eisner	eisner	PROPN
ftr-463	149	3	,	,	PUNCT
ftr-463	149	4	taxation	taxation	NOUN
ftr-463	149	5	affecting	affect	VERB
ftr-463	149	6	corporate	corporate	ADJ
ftr-463	149	7	reorganizations	reorganization	NOUN
ftr-463	149	8	,	,	PUNCT
ftr-463	149	9	in	in	ADP
ftr-463	149	10	some	some	DET
ftr-463	149	11	legal	legal	ADJ
ftr-463	149	12	phases	phase	NOUN
ftr-463	149	13	of	of	ADP
ftr-463	149	14	corporate	corporate	ADJ
ftr-463	149	15	financing	financing	NOUN
ftr-463	149	16	reorganization	reorganization	NOUN
ftr-463	149	17	and	and	CCONJ
ftr-463	149	18	regulation	regulation	NOUN
ftr-463	149	19	403	403	NUM
ftr-463	149	20	,	,	PUNCT
ftr-463	149	21	419	419	NUM
ftr-463	149	22	(	(	PUNCT
ftr-463	149	23	1931	1931	NUM
ftr-463	149	24	)	)	PUNCT
ftr-463	149	25	.	.	PUNCT
ftr-463	150	1	these	these	DET
ftr-463	150	2	reasons	reason	NOUN
ftr-463	150	3	were	be	AUX
ftr-463	150	4	still	still	ADV
ftr-463	150	5	present	present	ADJ
ftr-463	150	6	in	in	ADP
ftr-463	150	7	1934	1934	NUM
ftr-463	150	8	,	,	PUNCT
ftr-463	150	9	when	when	SCONJ
ftr-463	150	10	the	the	DET
ftr-463	150	11	house	house	NOUN
ftr-463	150	12	of	of	ADP
ftr-463	150	13	representatives	representatives	PROPN
ftr-463	150	14	proposed	propose	VERB
ftr-463	150	15	a	a	DET
ftr-463	150	16	repeal	repeal	NOUN
ftr-463	150	17	of	of	ADP
ftr-463	150	18	the	the	DET
ftr-463	150	19	b	b	PROPN
ftr-463	150	20	and	and	CCONJ
ftr-463	150	21	c	c	NOUN
ftr-463	150	22	reorganizations	reorganization	NOUN
ftr-463	150	23	,	,	PUNCT
ftr-463	150	24	and	and	CCONJ
ftr-463	150	25	the	the	DET
ftr-463	150	26	senate	senate	PROPN
ftr-463	150	27	convinced	convince	VERB
ftr-463	150	28	the	the	DET
ftr-463	150	29	house	house	NOUN
ftr-463	150	30	to	to	PART
ftr-463	150	31	retain	retain	VERB
ftr-463	150	32	them	they	PRON
ftr-463	150	33	(	(	PUNCT
ftr-463	150	34	in	in	ADP
ftr-463	150	35	restricted	restricted	ADJ
ftr-463	150	36	form	form	NOUN
ftr-463	150	37	)	)	PUNCT
ftr-463	150	38	for	for	ADP
ftr-463	150	39	the	the	DET
ftr-463	150	40	same	same	ADJ
ftr-463	150	41	reasons	reason	NOUN
ftr-463	150	42	.	.	PUNCT
ftr-463	151	1	see	see	VERB
ftr-463	151	2	part	part	NOUN
ftr-463	151	3	ii.c	ii.c	NOUN
ftr-463	151	4	.	.	PUNCT
ftr-463	152	1	16	16	NUM
ftr-463	152	2	.	.	PUNCT
ftr-463	153	1	see	see	VERB
ftr-463	153	2	,	,	PUNCT
ftr-463	153	3	e.g.	e.g.	ADV
ftr-463	153	4	,	,	PUNCT
ftr-463	153	5	outwater	outwater	ADP
ftr-463	153	6	v.	v.	ADP
ftr-463	153	7	public	public	PROPN
ftr-463	153	8	service	service	PROPN
ftr-463	153	9	corp	corp	PROPN
ftr-463	153	10	.	.	PROPN
ftr-463	153	11	,	,	PUNCT
ftr-463	153	12	103	103	NUM
ftr-463	153	13	n.j	n.j	PROPN
ftr-463	153	14	.	.	PROPN
ftr-463	153	15	eq	eq	PROPN
ftr-463	153	16	.	.	PROPN
ftr-463	153	17	461	461	NUM
ftr-463	153	18	,	,	PUNCT
ftr-463	153	19	143	143	NUM
ftr-463	153	20	a.	a.	NOUN
ftr-463	153	21	729	729	NUM
ftr-463	153	22	(	(	PUNCT
ftr-463	153	23	1928	1928	NUM
ftr-463	153	24	)	)	PUNCT
ftr-463	153	25	,	,	PUNCT
ftr-463	153	26	aff'd	aff'd	NOUN
ftr-463	153	27	,	,	PUNCT
ftr-463	153	28	104	104	NUM
ftr-463	153	29	n.j	n.j	PROPN
ftr-463	153	30	.	.	PROPN
ftr-463	154	1	eq	eq	PROPN
ftr-463	154	2	.	.	PROPN
ftr-463	154	3	490	490	NUM
ftr-463	154	4	,	,	PUNCT
ftr-463	154	5	146	146	NUM
ftr-463	154	6	a.	a.	NOUN
ftr-463	154	7	916	916	NUM
ftr-463	154	8	(	(	PUNCT
ftr-463	154	9	1929	1929	NUM
ftr-463	154	10	)	)	PUNCT
ftr-463	154	11	(	(	PUNCT
ftr-463	154	12	putative	putative	ADJ
ftr-463	154	13	merger	merger	NOUN
ftr-463	154	14	whereby	whereby	SCONJ
ftr-463	154	15	shareholders	shareholder	NOUN
ftr-463	154	16	of	of	ADP
ftr-463	154	17	target	target	NOUN
ftr-463	154	18	would	would	AUX
ftr-463	154	19	receive	receive	VERB
ftr-463	154	20	preferred	preferred	ADJ
ftr-463	154	21	stock	stock	NOUN
ftr-463	154	22	of	of	ADP
ftr-463	154	23	acquiror	acquiror	NOUN
ftr-463	154	24	that	that	PRON
ftr-463	154	25	was	be	AUX
ftr-463	154	26	redeemable	redeemable	ADJ
ftr-463	154	27	at	at	ADP
ftr-463	154	28	option	option	NOUN
ftr-463	154	29	of	of	ADP
ftr-463	154	30	acquiror	acquiror	NOUN
ftr-463	154	31	after	after	SCONJ
ftr-463	154	32	three	three	NUM
ftr-463	154	33	years	year	NOUN
ftr-463	154	34	was	be	AUX
ftr-463	154	35	invalid	invalid	ADJ
ftr-463	154	36	under	under	ADP
ftr-463	154	37	state	state	NOUN
ftr-463	154	38	law	law	NOUN
ftr-463	154	39	;	;	PUNCT
ftr-463	154	40	target	target	VERB
ftr-463	154	41	shareholders	shareholder	NOUN
ftr-463	154	42	must	must	AUX
ftr-463	154	43	obtain	obtain	VERB
ftr-463	154	44	equity	equity	NOUN
ftr-463	154	45	or	or	CCONJ
ftr-463	154	46	other	other	ADJ
ftr-463	154	47	permanent	permanent	ADJ
ftr-463	154	48	or	or	CCONJ
ftr-463	154	49	perpetual	perpetual	ADJ
ftr-463	154	50	interest	interest	NOUN
ftr-463	154	51	in	in	ADP
ftr-463	154	52	target	target	NOUN
ftr-463	154	53	)	)	PUNCT
ftr-463	154	54	.	.	PUNCT
ftr-463	155	1	in	in	ADP
ftr-463	155	2	ounvater	ounvater	NOUN
ftr-463	155	3	,	,	PUNCT
ftr-463	155	4	the	the	DET
ftr-463	155	5	court	court	NOUN
ftr-463	155	6	held	hold	VERB
ftr-463	155	7	:	:	PUNCT
ftr-463	155	8	continued	continued	ADJ
ftr-463	155	9	membership	membership	NOUN
ftr-463	155	10	,	,	PUNCT
ftr-463	155	11	until	until	ADP
ftr-463	155	12	dissolution	dissolution	NOUN
ftr-463	155	13	,	,	PUNCT
ftr-463	155	14	is	be	AUX
ftr-463	155	15	an	an	DET
ftr-463	155	16	inherent	inherent	ADJ
ftr-463	155	17	property	property	NOUN
ftr-463	155	18	right	right	ADV
ftr-463	155	19	in	in	ADP
ftr-463	155	20	corporate	corporate	ADJ
ftr-463	155	21	existence	existence	NOUN
ftr-463	155	22	.	.	PUNCT
ftr-463	156	1	a	a	DET
ftr-463	156	2	merger	merger	NOUN
ftr-463	156	3	is	be	AUX
ftr-463	156	4	but	but	CCONJ
ftr-463	156	5	fusion	fusion	NOUN
ftr-463	156	6	of	of	ADP
ftr-463	156	7	corporate	corporate	ADJ
ftr-463	156	8	assets	asset	NOUN
ftr-463	156	9	and	and	CCONJ
ftr-463	156	10	franchises	franchise	NOUN
ftr-463	156	11	and	and	CCONJ
ftr-463	156	12	an	an	DET
ftr-463	156	13	allocation	allocation	NOUN
ftr-463	156	14	of	of	ADP
ftr-463	156	15	stock	stock	NOUN
ftr-463	156	16	in	in	ADP
ftr-463	156	17	the	the	DET
ftr-463	156	18	merged	merged	ADJ
ftr-463	156	19	company	company	NOUN
ftr-463	156	20	,	,	PUNCT
ftr-463	156	21	and	and	CCONJ
ftr-463	156	22	works	work	VERB
ftr-463	156	23	a	a	DET
ftr-463	156	24	conversion	conversion	NOUN
ftr-463	156	25	not	not	PART
ftr-463	156	26	a	a	DET
ftr-463	156	27	destruction	destruction	NOUN
ftr-463	156	28	of	of	ADP
ftr-463	156	29	that	that	DET
ftr-463	156	30	right	right	NOUN
ftr-463	156	31	.	.	PUNCT
ftr-463	157	1	in	in	ADP
ftr-463	157	2	the	the	DET
ftr-463	157	3	ordinary	ordinary	ADJ
ftr-463	157	4	case	case	NOUN
ftr-463	157	5	of	of	ADP
ftr-463	157	6	merging	merge	VERB
ftr-463	157	7	going	go	VERB
ftr-463	157	8	concerns	concern	NOUN
ftr-463	157	9	and	and	CCONJ
ftr-463	157	10	the	the	DET
ftr-463	157	11	conversion	conversion	NOUN
ftr-463	157	12	of	of	ADP
ftr-463	157	13	share	share	NOUN
ftr-463	157	14	for	for	ADP
ftr-463	157	15	share	share	NOUN
ftr-463	157	16	upon	upon	SCONJ
ftr-463	157	17	parity	parity	NOUN
ftr-463	157	18	of	of	ADP
ftr-463	157	19	value	value	NOUN
ftr-463	157	20	,	,	PUNCT
ftr-463	157	21	all	all	DET
ftr-463	157	22	rights	right	NOUN
ftr-463	157	23	,	,	PUNCT
ftr-463	157	24	including	include	VERB
ftr-463	157	25	voting	vote	VERB
ftr-463	157	26	rights	right	NOUN
ftr-463	157	27	,	,	PUNCT
ftr-463	157	28	are	be	AUX
ftr-463	157	29	reserved	reserve	VERB
ftr-463	157	30	to	to	ADP
ftr-463	157	31	the	the	DET
ftr-463	157	32	stockholders	stockholder	NOUN
ftr-463	157	33	.	.	PUNCT
ftr-463	158	1	i	i	PRON
ftr-463	158	2	d.	d.	PROPN
ftr-463	158	3	at	at	ADP
ftr-463	158	4	465	465	NUM
ftr-463	158	5	;	;	PUNCT
ftr-463	158	6	see	see	VERB
ftr-463	158	7	also	also	ADV
ftr-463	158	8	moore	moore	PROPN
ftr-463	158	9	v.	v.	PROPN
ftr-463	158	10	splitdorf	splitdorf	PROPN
ftr-463	158	11	elec	elec	PROPN
ftr-463	158	12	.	.	PROPN
ftr-463	158	13	co.	co.	PROPN
ftr-463	158	14	,	,	PUNCT
ftr-463	158	15	114	114	NUM
ftr-463	158	16	n.j	n.j	PROPN
ftr-463	158	17	.	.	PROPN
ftr-463	158	18	eq	eq	NOUN
ftr-463	158	19	.	.	PROPN
ftr-463	158	20	358	358	NUM
ftr-463	158	21	,	,	PUNCT
ftr-463	158	22	168	168	NUM
ftr-463	158	23	a.	a.	NOUN
ftr-463	158	24	741	741	NUM
ftr-463	158	25	(	(	PUNCT
ftr-463	158	26	1933	1933	NUM
ftr-463	158	27	)	)	PUNCT
ftr-463	158	28	.	.	PUNCT
ftr-463	159	1	see	see	VERB
ftr-463	159	2	generally	generally	ADV
ftr-463	159	3	william	william	PROPN
ftr-463	159	4	l.	l.	PROPN
ftr-463	159	5	clark	clark	PROPN
ftr-463	159	6	&	&	CCONJ
ftr-463	159	7	william	william	PROPN
ftr-463	159	8	l.	l.	PROPN
ftr-463	159	9	marshall	marshall	PROPN
ftr-463	159	10	,	,	PUNCT
ftr-463	159	11	a	a	DET
ftr-463	159	12	treatise	treatise	NOUN
ftr-463	159	13	on	on	ADP
ftr-463	159	14	the	the	DET
ftr-463	159	15	law	law	NOUN
ftr-463	159	16	of	of	ADP
ftr-463	159	17	private	private	ADJ
ftr-463	159	18	corporations	corporation	NOUN
ftr-463	159	19	§	§	PROPN
ftr-463	159	20	359	359	NUM
ftr-463	159	21	at	at	ADP
ftr-463	159	22	1089	1089	NUM
ftr-463	159	23	(	(	PUNCT
ftr-463	159	24	1903	1903	NUM
ftr-463	159	25	)	)	PUNCT
ftr-463	159	26	(	(	PUNCT
ftr-463	159	27	"	"	PUNCT
ftr-463	159	28	[	[	X
ftr-463	159	29	tlhe	tlhe	NOUN
ftr-463	159	30	statute	statute	NOUN
ftr-463	159	31	or	or	CCONJ
ftr-463	159	32	the	the	DET
ftr-463	159	33	agreement	agreement	NOUN
ftr-463	159	34	,	,	PUNCT
ftr-463	159	35	or	or	CCONJ
ftr-463	159	36	both	both	PRON
ftr-463	159	37	,	,	PUNCT
ftr-463	159	38	generally	generally	ADV
ftr-463	159	39	provide	provide	VERB
ftr-463	159	40	that	that	SCONJ
ftr-463	159	41	the	the	DET
ftr-463	159	42	consolidated	consolidated	ADJ
ftr-463	159	43	corporation	corporation	NOUN
ftr-463	159	44	shall	shall	AUX
ftr-463	159	45	issue	issue	VERB
ftr-463	159	46	shares	share	NOUN
ftr-463	159	47	of	of	ADP
ftr-463	159	48	its	its	PRON
ftr-463	159	49	stock	stock	NOUN
ftr-463	159	50	to	to	ADP
ftr-463	159	51	the	the	DET
ftr-463	159	52	stockholders	stockholder	NOUN
ftr-463	159	53	of	of	ADP
ftr-463	159	54	the	the	DET
ftr-463	159	55	consolidating	consolidate	VERB
ftr-463	159	56	corporations	corporation	NOUN
ftr-463	159	57	...	...	PUNCT
ftr-463	159	58	"	"	PUNCT
ftr-463	159	59	)	)	PUNCT
ftr-463	159	60	;	;	PUNCT
ftr-463	159	61	walter	walter	PROPN
ftr-463	159	62	chadwick	chadwick	PROPN
ftr-463	159	63	noyes	noyes	PROPN
ftr-463	159	64	,	,	PUNCT
ftr-463	159	65	a	a	DET
ftr-463	159	66	treatise	treatise	NOUN
ftr-463	159	67	on	on	ADP
ftr-463	159	68	the	the	DET
ftr-463	159	69	law	law	NOUN
ftr-463	159	70	of	of	ADP
ftr-463	159	71	intercorporate	intercorporate	ADJ
ftr-463	159	72	relations	relation	NOUN
ftr-463	159	73	§	§	PROPN
ftr-463	159	74	64	64	NUM
ftr-463	159	75	at	at	ADP
ftr-463	159	76	105	105	NUM
ftr-463	159	77	(	(	PUNCT
ftr-463	159	78	1902	1902	NUM
ftr-463	159	79	)	)	PUNCT
ftr-463	159	80	(	(	PUNCT
ftr-463	159	81	same	same	ADJ
ftr-463	159	82	)	)	PUNCT
ftr-463	159	83	;	;	PUNCT
ftr-463	159	84	ernest	ernest	PROPN
ftr-463	159	85	l.	l.	PROPN
ftr-463	159	86	folk	folk	PROPN
ftr-463	159	87	,	,	PUNCT
ftr-463	159	88	iii	iii	PROPN
ftr-463	159	89	,	,	PUNCT
ftr-463	159	90	et	et	PROPN
ftr-463	159	91	al	al	PROPN
ftr-463	159	92	.	.	PROPN
ftr-463	159	93	,	,	PUNCT
ftr-463	159	94	folk	folk	NOUN
ftr-463	159	95	on	on	ADP
ftr-463	159	96	the	the	DET
ftr-463	159	97	delaware	delaware	PROPN
ftr-463	159	98	general	general	PROPN
ftr-463	159	99	corporation	corporation	PROPN
ftr-463	159	100	law	law	PROPN
ftr-463	159	101	14	14	NUM
ftr-463	159	102	n.13	n.13	SYM
ftr-463	159	103	(	(	PUNCT
ftr-463	159	104	2d	2d	NOUN
ftr-463	159	105	ed	ed	NOUN
ftr-463	159	106	.	.	PROPN
ftr-463	159	107	1990	1990	NUM
ftr-463	159	108	)	)	PUNCT
ftr-463	159	109	(	(	PUNCT
ftr-463	159	110	delaware	delaware	PROPN
ftr-463	159	111	did	do	AUX
ftr-463	159	112	not	not	PART
ftr-463	159	113	permit	permit	VERB
ftr-463	159	114	cash	cash	NOUN
ftr-463	159	115	consideration	consideration	NOUN
ftr-463	159	116	until	until	ADP
ftr-463	159	117	at	at	ADP
ftr-463	159	118	least	least	ADJ
ftr-463	159	119	1941	1941	NUM
ftr-463	159	120	)	)	PUNCT
ftr-463	159	121	;	;	PUNCT
ftr-463	159	122	homer	homer	NOUN
ftr-463	159	123	hendricks	hendrick	NOUN
ftr-463	159	124	,	,	PUNCT
ftr-463	159	125	developments	development	NOUN
ftr-463	159	126	in	in	ADP
ftr-463	159	127	the	the	DET
ftr-463	159	128	taxation	taxation	NOUN
ftr-463	159	129	of	of	ADP
ftr-463	159	130	reorganizations	reorganization	NOUN
ftr-463	159	131	,	,	PUNCT
ftr-463	159	132	34	34	NUM
ftr-463	159	133	colum	colum	PROPN
ftr-463	159	134	l.	l.	PROPN
ftr-463	159	135	rev	rev	PROPN
ftr-463	159	136	.	.	PROPN
ftr-463	159	137	1198	1198	NUM
ftr-463	159	138	,	,	PUNCT
ftr-463	159	139	1220	1220	NUM
ftr-463	159	140	(	(	PUNCT
ftr-463	159	141	1934	1934	NUM
ftr-463	159	142	)	)	PUNCT
ftr-463	159	143	(	(	PUNCT
ftr-463	159	144	"	"	PUNCT
ftr-463	159	145	[	[	X
ftr-463	159	146	i]n	i]n	VERB
ftr-463	159	147	the	the	DET
ftr-463	159	148	usual	usual	ADJ
ftr-463	159	149	form	form	NOUN
ftr-463	159	150	of	of	ADP
ftr-463	159	151	strict	strict	ADJ
ftr-463	159	152	merger	merger	NOUN
ftr-463	159	153	or	or	CCONJ
ftr-463	159	154	consolidation	consolidation	NOUN
ftr-463	159	155	,	,	PUNCT
ftr-463	159	156	the	the	DET
ftr-463	159	157	corporation	corporation	NOUN
ftr-463	159	158	which	which	PRON
ftr-463	159	159	acquires	acquire	VERB
ftr-463	159	160	the	the	DET
ftr-463	159	161	properties	property	NOUN
ftr-463	159	162	of	of	ADP
ftr-463	159	163	another	another	DET
ftr-463	159	164	issues	issue	NOUN
ftr-463	159	165	some	some	DET
ftr-463	159	166	stock	stock	NOUN
ftr-463	159	167	or	or	CCONJ
ftr-463	159	168	securities	security	NOUN
ftr-463	159	169	of	of	ADP
ftr-463	159	170	its	its	PRON
ftr-463	159	171	own	own	ADJ
ftr-463	159	172	.	.	PUNCT
ftr-463	160	1	in	in	ADP
ftr-463	160	2	this	this	DET
ftr-463	160	3	way	way	NOUN
ftr-463	160	4	the	the	DET
ftr-463	160	5	interests	interest	NOUN
ftr-463	160	6	of	of	ADP
ftr-463	160	7	the	the	DET
ftr-463	160	8	owners	owner	NOUN
ftr-463	160	9	of	of	ADP
ftr-463	160	10	the	the	DET
ftr-463	160	11	merging	merging	NOUN
ftr-463	160	12	or	or	CCONJ
ftr-463	160	13	consolidating	consolidate	VERB
ftr-463	160	14	corporations	corporation	NOUN
ftr-463	160	15	are	be	AUX
ftr-463	160	16	continued	continue	VERB
ftr-463	160	17	in	in	ADP
ftr-463	160	18	the	the	DET
ftr-463	160	19	enterprise	enterprise	NOUN
ftr-463	160	20	,	,	PUNCT
ftr-463	160	21	but	but	CCONJ
ftr-463	160	22	the	the	DET
ftr-463	160	23	former	former	ADJ
ftr-463	160	24	owners	owner	NOUN
ftr-463	160	25	may	may	AUX
ftr-463	160	26	or	or	CCONJ
ftr-463	160	27	may	may	AUX
ftr-463	160	28	not	not	PART
ftr-463	160	29	control	control	VERB
ftr-463	160	30	the	the	DET
ftr-463	160	31	resulting	result	VERB
ftr-463	160	32	organization	organization	NOUN
ftr-463	160	33	"	"	PUNCT
ftr-463	160	34	)	)	PUNCT
ftr-463	160	35	.	.	PUNCT
ftr-463	161	1	see	see	VERB
ftr-463	161	2	also	also	ADV
ftr-463	161	3	pinellas	pinellas	PROPN
ftr-463	161	4	ice	ice	PROPN
ftr-463	161	5	&	&	CCONJ
ftr-463	161	6	cold	cold	PROPN
ftr-463	161	7	storage	storage	PROPN
ftr-463	161	8	co.	co.	PROPN
ftr-463	162	1	v.	v.	PROPN
ftr-463	162	2	commissioner	commissioner	PROPN
ftr-463	162	3	,	,	PUNCT
ftr-463	162	4	57	57	NUM
ftr-463	162	5	f.2d	f.2d	NOUN
ftr-463	162	6	188	188	NUM
ftr-463	162	7	,	,	PUNCT
ftr-463	162	8	190	190	NUM
ftr-463	163	1	[	[	X
ftr-463	163	2	vol	vol	NOUN
ftr-463	163	3	3:5	3:5	NUM
ftr-463	163	4	1996	1996	NUM
ftr-463	163	5	]	]	PUNCT
ftr-463	163	6	devolution	devolution	NOUN
ftr-463	163	7	&	&	CCONJ
ftr-463	163	8	inevitable	inevitable	ADJ
ftr-463	163	9	-rtinction	-rtinction	NOUN
ftr-463	163	10	of	of	ADP
ftr-463	163	11	the	the	DET
ftr-463	163	12	continuity	continuity	NOUN
ftr-463	163	13	of	of	ADP
ftr-463	163	14	interest	interest	NOUN
ftr-463	163	15	doctrine	doctrine	NOUN
ftr-463	163	16	195	195	NUM
ftr-463	163	17	congress	congress	NOUN
ftr-463	163	18	until	until	ADP
ftr-463	163	19	1968	1968	NUM
ftr-463	163	20	,	,	PUNCT
ftr-463	163	21	when	when	SCONJ
ftr-463	163	22	it	it	PRON
ftr-463	163	23	enacted	enact	VERB
ftr-463	163	24	section	section	NOUN
ftr-463	163	25	368(a)(2)(d	368(a)(2)(d	PROPN
ftr-463	163	26	)	)	PUNCT
ftr-463	163	27	,	,	PUNCT
ftr-463	163	28	to	to	PART
ftr-463	163	29	require	require	VERB
ftr-463	163	30	explicitly	explicitly	ADV
ftr-463	163	31	that	that	SCONJ
ftr-463	163	32	for	for	ADP
ftr-463	163	33	certain	certain	ADJ
ftr-463	163	34	statutory	statutory	ADJ
ftr-463	163	35	mergers	merger	NOUN
ftr-463	163	36	,	,	PUNCT
ftr-463	163	37	the	the	DET
ftr-463	163	38	consideration	consideration	NOUN
ftr-463	163	39	must	must	AUX
ftr-463	163	40	include	include	VERB
ftr-463	163	41	stock	stock	NOUN
ftr-463	163	42	to	to	PART
ftr-463	163	43	qualify	qualify	VERB
ftr-463	163	44	as	as	ADP
ftr-463	163	45	a	a	DET
ftr-463	163	46	reorganization	reorganization	NOUN
ftr-463	163	47	.	.	PUNCT
ftr-463	163	48	)	)	PUNCT
ftr-463	164	1	b.	b.	PROPN
ftr-463	165	1	the	the	DET
ftr-463	165	2	original	original	ADJ
ftr-463	165	3	continuity	continuity	NOUN
ftr-463	165	4	of	of	ADP
ftr-463	165	5	interest	interest	NOUN
ftr-463	165	6	doctrine	doctrine	NOUN
ftr-463	165	7	the	the	DET
ftr-463	165	8	continuity	continuity	NOUN
ftr-463	165	9	doctrine	doctrine	NOUN
ftr-463	165	10	developed	develop	VERB
ftr-463	165	11	as	as	ADP
ftr-463	165	12	a	a	DET
ftr-463	165	13	sensible	sensible	ADJ
ftr-463	165	14	judicial	judicial	ADJ
ftr-463	165	15	interpretation	interpretation	NOUN
ftr-463	165	16	of	of	ADP
ftr-463	165	17	a	a	DET
ftr-463	165	18	poorly	poorly	ADV
ftr-463	165	19	-	-	PUNCT
ftr-463	165	20	drafted	draft	VERB
ftr-463	165	21	statute	statute	NOUN
ftr-463	165	22	that	that	PRON
ftr-463	165	23	expanded	expand	VERB
ftr-463	165	24	the	the	DET
ftr-463	165	25	definition	definition	NOUN
ftr-463	165	26	of	of	ADP
ftr-463	165	27	tax	tax	NOUN
ftr-463	165	28	-	-	PUNCT
ftr-463	165	29	free	free	ADJ
ftr-463	165	30	reorganization	reorganization	NOUN
ftr-463	165	31	to	to	PART
ftr-463	165	32	include	include	VERB
ftr-463	165	33	merger	merger	NOUN
ftr-463	165	34	-	-	PUNCT
ftr-463	165	35	like	like	ADJ
ftr-463	165	36	asset	asset	NOUN
ftr-463	165	37	transfers	transfer	NOUN
ftr-463	165	38	without	without	ADP
ftr-463	165	39	specifying	specify	VERB
ftr-463	165	40	the	the	DET
ftr-463	165	41	requisite	requisite	ADJ
ftr-463	165	42	consideration	consideration	NOUN
ftr-463	165	43	.	.	PUNCT
ftr-463	166	1	the	the	DET
ftr-463	166	2	cases	case	NOUN
ftr-463	166	3	to	to	PART
ftr-463	166	4	first	first	ADV
ftr-463	166	5	invoke	invoke	VERB
ftr-463	166	6	the	the	DET
ftr-463	166	7	doctrine	doctrine	NOUN
ftr-463	166	8	involved	involve	VERB
ftr-463	166	9	corporate	corporate	ADJ
ftr-463	166	10	taxpayers	taxpayer	NOUN
ftr-463	166	11	that	that	PRON
ftr-463	166	12	transferred	transfer	VERB
ftr-463	166	13	substantially	substantially	ADV
ftr-463	166	14	all	all	PRON
ftr-463	166	15	of	of	ADP
ftr-463	166	16	their	their	PRON
ftr-463	166	17	assets	asset	NOUN
ftr-463	166	18	in	in	ADP
ftr-463	166	19	exchange	exchange	NOUN
ftr-463	166	20	for	for	ADP
ftr-463	166	21	cash	cash	NOUN
ftr-463	166	22	and	and	CCONJ
ftr-463	166	23	short	short	ADJ
ftr-463	166	24	-	-	PUNCT
ftr-463	166	25	term	term	NOUN
ftr-463	166	26	notes	note	NOUN
ftr-463	166	27	of	of	ADP
ftr-463	166	28	the	the	DET
ftr-463	166	29	acquirors	acquiror	NOUN
ftr-463	166	30	in	in	ADP
ftr-463	166	31	transactions	transaction	NOUN
ftr-463	166	32	that	that	PRON
ftr-463	166	33	failed	fail	VERB
ftr-463	166	34	to	to	PART
ftr-463	166	35	qualify	qualify	VERB
ftr-463	166	36	as	as	ADP
ftr-463	166	37	statutory	statutory	ADJ
ftr-463	166	38	mergers	merger	NOUN
ftr-463	166	39	or	or	CCONJ
ftr-463	166	40	consolidations	consolidation	NOUN
ftr-463	166	41	.	.	PUNCT
ftr-463	167	1	invariably	invariably	ADV
ftr-463	167	2	,	,	PUNCT
ftr-463	167	3	the	the	DET
ftr-463	167	4	taxpayer	taxpayer	NOUN
ftr-463	167	5	claimed	claim	VERB
ftr-463	167	6	that	that	SCONJ
ftr-463	167	7	the	the	DET
ftr-463	167	8	asset	asset	NOUN
ftr-463	167	9	sale	sale	NOUN
ftr-463	167	10	was	be	AUX
ftr-463	167	11	a	a	DET
ftr-463	167	12	reorganization	reorganization	NOUN
ftr-463	167	13	as	as	SCONJ
ftr-463	167	14	defined	define	VERB
ftr-463	167	15	in	in	ADP
ftr-463	167	16	the	the	DET
ftr-463	167	17	statute	statute	NOUN
ftr-463	167	18	,	,	PUNCT
ftr-463	167	19	and	and	CCONJ
ftr-463	167	20	not	not	PART
ftr-463	167	21	a	a	DET
ftr-463	167	22	taxable	taxable	ADJ
ftr-463	167	23	sale.7	sale.7	PROPN
ftr-463	167	24	under	under	ADP
ftr-463	167	25	the	the	DET
ftr-463	167	26	1926	1926	NUM
ftr-463	167	27	act	act	NOUN
ftr-463	167	28	(	(	PUNCT
ftr-463	167	29	the	the	DET
ftr-463	167	30	earliest	early	ADJ
ftr-463	167	31	revenue	revenue	NOUN
ftr-463	167	32	act	act	NOUN
ftr-463	167	33	to	to	PART
ftr-463	167	34	be	be	AUX
ftr-463	167	35	interpreted	interpret	VERB
ftr-463	167	36	on	on	ADP
ftr-463	167	37	this	this	DET
ftr-463	167	38	issue	issue	NOUN
ftr-463	167	39	)	)	PUNCT
ftr-463	167	40	,	,	PUNCT
ftr-463	167	41	tax	tax	NOUN
ftr-463	167	42	-	-	PUNCT
ftr-463	167	43	free	free	ADJ
ftr-463	167	44	treatment	treatment	NOUN
ftr-463	167	45	was	be	AUX
ftr-463	167	46	available	available	ADJ
ftr-463	167	47	to	to	ADP
ftr-463	167	48	a	a	DET
ftr-463	167	49	target	target	NOUN
ftr-463	167	50	only	only	ADV
ftr-463	167	51	to	to	ADP
ftr-463	167	52	the	the	DET
ftr-463	167	53	extent	extent	NOUN
ftr-463	167	54	that	that	SCONJ
ftr-463	167	55	(	(	PUNCT
ftr-463	167	56	1	1	X
ftr-463	167	57	)	)	PUNCT
ftr-463	167	58	the	the	DET
ftr-463	167	59	transaction	transaction	NOUN
ftr-463	167	60	was	be	AUX
ftr-463	167	61	pursuant	pursuant	ADJ
ftr-463	167	62	to	to	ADP
ftr-463	167	63	a	a	DET
ftr-463	167	64	plan	plan	NOUN
ftr-463	167	65	of	of	ADP
ftr-463	167	66	"	"	PUNCT
ftr-463	167	67	reorganization	reorganization	NOUN
ftr-463	167	68	"	"	PUNCT
ftr-463	167	69	(	(	PUNCT
ftr-463	167	70	i.e.	i.e.	X
ftr-463	167	71	,	,	PUNCT
ftr-463	167	72	"	"	PUNCT
ftr-463	167	73	a	a	DET
ftr-463	167	74	merger	merger	NOUN
ftr-463	167	75	or	or	CCONJ
ftr-463	167	76	consolidation	consolidation	NOUN
ftr-463	167	77	(	(	PUNCT
ftr-463	167	78	including	include	VERB
ftr-463	167	79	the	the	DET
ftr-463	167	80	acquisition	acquisition	NOUN
ftr-463	167	81	by	by	ADP
ftr-463	167	82	one	one	NUM
ftr-463	167	83	corporation	corporation	NOUN
ftr-463	167	84	of	of	ADP
ftr-463	167	85	...	...	PUNCT
ftr-463	167	86	substantially	substantially	ADV
ftr-463	167	87	all	all	PRON
ftr-463	167	88	of	of	ADP
ftr-463	167	89	the	the	DET
ftr-463	167	90	properties	property	NOUN
ftr-463	167	91	of	of	ADP
ftr-463	167	92	another	another	PRON
ftr-463	167	93	corporation)"),18	corporation)"),18	PROPN
ftr-463	168	1	and	and	CCONJ
ftr-463	168	2	(	(	PUNCT
ftr-463	168	3	2	2	X
ftr-463	168	4	)	)	PUNCT
ftr-463	168	5	the	the	DET
ftr-463	168	6	consider(5th	consider(5th	PROPN
ftr-463	168	7	cir	cir	NOUN
ftr-463	168	8	.	.	PUNCT
ftr-463	168	9	1932	1932	NUM
ftr-463	168	10	)	)	PUNCT
ftr-463	168	11	,	,	PUNCT
ftr-463	168	12	affd	affd	PROPN
ftr-463	168	13	,	,	PUNCT
ftr-463	168	14	287	287	NUM
ftr-463	168	15	u.s	u.s	PROPN
ftr-463	168	16	.	.	PROPN
ftr-463	168	17	462	462	NUM
ftr-463	168	18	(	(	PUNCT
ftr-463	168	19	1933	1933	NUM
ftr-463	168	20	)	)	PUNCT
ftr-463	168	21	(	(	PUNCT
ftr-463	168	22	"	"	PUNCT
ftr-463	168	23	as	as	SCONJ
ftr-463	168	24	applied	apply	VERB
ftr-463	168	25	to	to	ADP
ftr-463	168	26	corporations	corporation	NOUN
ftr-463	168	27	,	,	PUNCT
ftr-463	168	28	the	the	DET
ftr-463	168	29	terms	term	NOUN
ftr-463	168	30	'	'	PUNCT
ftr-463	168	31	merger	merger	NOUN
ftr-463	168	32	'	'	PUNCT
ftr-463	168	33	and	and	CCONJ
ftr-463	168	34	'	'	PUNCT
ftr-463	168	35	consolidation	consolidation	NOUN
ftr-463	168	36	'	'	PUNCT
ftr-463	168	37	have	have	AUX
ftr-463	168	38	well	well	ADV
ftr-463	168	39	known	know	VERB
ftr-463	168	40	legal	legal	ADJ
ftr-463	168	41	meanings	meaning	NOUN
ftr-463	168	42	....	....	PUNCT
ftr-463	168	43	in	in	ADP
ftr-463	168	44	either	either	DET
ftr-463	168	45	event	event	NOUN
ftr-463	168	46	,	,	PUNCT
ftr-463	168	47	the	the	DET
ftr-463	168	48	resulting	result	VERB
ftr-463	168	49	corporation	corporation	NOUN
ftr-463	168	50	acquires	acquire	VERB
ftr-463	168	51	all	all	DET
ftr-463	168	52	the	the	DET
ftr-463	168	53	property	property	NOUN
ftr-463	168	54	,	,	PUNCT
ftr-463	168	55	rights	right	NOUN
ftr-463	168	56	and	and	CCONJ
ftr-463	168	57	franchises	franchise	NOUN
ftr-463	168	58	of	of	ADP
ftr-463	168	59	the	the	DET
ftr-463	168	60	dissolv	dissolv	ADJ
ftr-463	168	61	ed	ed	PROPN
ftr-463	168	62	corporations	corporation	NOUN
ftr-463	168	63	,	,	PUNCT
ftr-463	168	64	and	and	CCONJ
ftr-463	168	65	their	their	PRON
ftr-463	168	66	stockholders	stockholder	NOUN
ftr-463	168	67	become	become	VERB
ftr-463	168	68	its	its	PRON
ftr-463	168	69	stockholders	stockholder	NOUN
ftr-463	168	70	"	"	PUNCT
ftr-463	168	71	(	(	PUNCT
ftr-463	168	72	emphasis	emphasis	NOUN
ftr-463	168	73	added	add	VERB
ftr-463	168	74	)	)	PUNCT
ftr-463	168	75	)	)	PUNCT
ftr-463	168	76	.	.	PUNCT
ftr-463	169	1	congress	congress	PROPN
ftr-463	169	2	also	also	ADV
ftr-463	169	3	declined	decline	VERB
ftr-463	169	4	to	to	PART
ftr-463	169	5	address	address	VERB
ftr-463	169	6	whether	whether	SCONJ
ftr-463	169	7	the	the	DET
ftr-463	169	8	target	target	NOUN
ftr-463	169	9	must	must	AUX
ftr-463	169	10	liquidate	liquidate	VERB
ftr-463	169	11	after	after	ADP
ftr-463	169	12	the	the	DET
ftr-463	169	13	transaction	transaction	NOUN
ftr-463	169	14	,	,	PUNCT
ftr-463	169	15	as	as	SCONJ
ftr-463	169	16	would	would	AUX
ftr-463	169	17	generally	generally	ADV
ftr-463	169	18	be	be	AUX
ftr-463	169	19	the	the	DET
ftr-463	169	20	case	case	NOUN
ftr-463	169	21	in	in	ADP
ftr-463	169	22	a	a	DET
ftr-463	169	23	statutory	statutory	ADJ
ftr-463	169	24	merger	merger	NOUN
ftr-463	169	25	or	or	CCONJ
ftr-463	169	26	consolidation	consolidation	NOUN
ftr-463	169	27	under	under	ADP
ftr-463	169	28	192	192	NUM
ftr-463	169	29	1	1	NUM
ftr-463	169	30	law	law	NOUN
ftr-463	169	31	,	,	PUNCT
ftr-463	169	32	and	and	CCONJ
ftr-463	169	33	was	be	AUX
ftr-463	169	34	in	in	ADP
ftr-463	169	35	fact	fact	NOUN
ftr-463	169	36	required	require	VERB
ftr-463	169	37	under	under	ADP
ftr-463	169	38	existing	exist	VERB
ftr-463	169	39	regulations	regulation	NOUN
ftr-463	169	40	.	.	PUNCT
ftr-463	170	1	see	see	VERB
ftr-463	170	2	supra	supra	PROPN
ftr-463	170	3	note	note	PROPN
ftr-463	170	4	12	12	NUM
ftr-463	170	5	.	.	PUNCT
ftr-463	171	1	in	in	ADP
ftr-463	171	2	helvering	helvere	VERB
ftr-463	171	3	v.	v.	ADP
ftr-463	171	4	minnesota	minnesota	PROPN
ftr-463	171	5	tea	tea	PROPN
ftr-463	171	6	co.	co.	PROPN
ftr-463	171	7	,	,	PUNCT
ftr-463	171	8	296	296	NUM
ftr-463	171	9	u.s	u.s	PROPN
ftr-463	171	10	.	.	PROPN
ftr-463	171	11	378	378	NUM
ftr-463	171	12	(	(	PUNCT
ftr-463	171	13	1935	1935	NUM
ftr-463	171	14	)	)	PUNCT
ftr-463	171	15	.	.	PUNCT
ftr-463	172	1	the	the	DET
ftr-463	172	2	supreme	supreme	PROPN
ftr-463	172	3	court	court	PROPN
ftr-463	172	4	held	hold	VERB
ftr-463	172	5	that	that	SCONJ
ftr-463	172	6	dissolution	dissolution	NOUN
ftr-463	172	7	of	of	ADP
ftr-463	172	8	the	the	DET
ftr-463	172	9	target	target	NOUN
ftr-463	172	10	was	be	AUX
ftr-463	172	11	not	not	PART
ftr-463	172	12	required	require	VERB
ftr-463	172	13	by	by	ADP
ftr-463	172	14	the	the	DET
ftr-463	172	15	statute	statute	NOUN
ftr-463	172	16	.	.	PUNCT
ftr-463	173	1	see	see	AUX
ftr-463	173	2	also	also	ADV
ftr-463	173	3	watts	watt	VERB
ftr-463	173	4	v.	v.	PROPN
ftr-463	173	5	commissioner	commissioner	NOUN
ftr-463	173	6	,	,	PUNCT
ftr-463	173	7	75	75	NUM
ftr-463	173	8	f.2d	f.2d	SYM
ftr-463	173	9	981	981	NUM
ftr-463	173	10	(	(	PUNCT
ftr-463	173	11	2d	2d	NUM
ftr-463	173	12	cir	cir	NOUN
ftr-463	173	13	.	.	PUNCT
ftr-463	174	1	1935	1935	NUM
ftr-463	174	2	,	,	PUNCT
ftr-463	174	3	aff'd	aff'd	NOUN
ftr-463	174	4	,	,	PUNCT
ftr-463	174	5	helvering	helvere	VERB
ftr-463	174	6	v.	v.	ADP
ftr-463	174	7	watts	watt	NOUN
ftr-463	174	8	,	,	PUNCT
ftr-463	174	9	296	296	NUM
ftr-463	174	10	u.s	u.s	PROPN
ftr-463	174	11	.	.	PROPN
ftr-463	174	12	387	387	NUM
ftr-463	174	13	(	(	PUNCT
ftr-463	174	14	1935	1935	NUM
ftr-463	174	15	)	)	PUNCT
ftr-463	174	16	.	.	PUNCT
ftr-463	175	1	in	in	ADP
ftr-463	175	2	1984	1984	NUM
ftr-463	175	3	,	,	PUNCT
ftr-463	175	4	however	however	ADV
ftr-463	175	5	.	.	PUNCT
ftr-463	176	1	the	the	DET
ftr-463	176	2	liquidation	liquidation	NOUN
ftr-463	176	3	requirement	requirement	NOUN
ftr-463	176	4	for	for	ADP
ftr-463	176	5	a	a	DET
ftr-463	176	6	c	c	NOUN
ftr-463	176	7	-	-	PUNCT
ftr-463	176	8	type	type	NOUN
ftr-463	176	9	asset	asset	NOUN
ftr-463	176	10	acquisition	acquisition	NOUN
ftr-463	176	11	was	be	AUX
ftr-463	176	12	reimposed	reimpose	VERB
ftr-463	176	13	by	by	ADP
ftr-463	176	14	congress	congress	PROPN
ftr-463	176	15	.	.	PUNCT
ftr-463	177	1	deficit	deficit	NOUN
ftr-463	177	2	reduction	reduction	NOUN
ftr-463	177	3	act	act	NOUN
ftr-463	177	4	of	of	ADP
ftr-463	177	5	1984	1984	NUM
ftr-463	177	6	.	.	PUNCT
ftr-463	178	1	pub	pub	NOUN
ftr-463	178	2	.	.	PUNCT
ftr-463	179	1	l.	l.	PROPN
ftr-463	179	2	no	no	INTJ
ftr-463	179	3	.	.	PROPN
ftr-463	180	1	98	98	NUM
ftr-463	180	2	-	-	SYM
ftr-463	180	3	369	369	NUM
ftr-463	180	4	,	,	PUNCT
ftr-463	180	5	§	§	PROPN
ftr-463	180	6	63(a	63(a	NUM
ftr-463	180	7	)	)	PUNCT
ftr-463	180	8	,	,	PUNCT
ftr-463	180	9	98	98	NUM
ftr-463	180	10	stat	stat	NOUN
ftr-463	180	11	.	.	PUNCT
ftr-463	181	1	494	494	NUM
ftr-463	181	2	,	,	PUNCT
ftr-463	181	3	583	583	NUM
ftr-463	181	4	(	(	PUNCT
ftr-463	181	5	adding	add	VERB
ftr-463	181	6	irc	irc	ADV
ftr-463	181	7	§	§	PROPN
ftr-463	181	8	368(a)t2)(g	368(a)t2)(g	NUM
ftr-463	181	9	)	)	PUNCT
ftr-463	181	10	)	)	PUNCT
ftr-463	181	11	.	.	PUNCT
ftr-463	182	1	17	17	NUM
ftr-463	182	2	.	.	X
ftr-463	183	1	see	see	VERB
ftr-463	183	2	,	,	PUNCT
ftr-463	183	3	e.g.	e.g.	ADV
ftr-463	183	4	,	,	PUNCT
ftr-463	183	5	pinellas	pinellas	PROPN
ftr-463	183	6	ice	ice	PROPN
ftr-463	183	7	&	&	CCONJ
ftr-463	183	8	cold	cold	PROPN
ftr-463	183	9	storage	storage	PROPN
ftr-463	183	10	co.	co.	PROPN
ftr-463	184	1	v.	v.	PROPN
ftr-463	184	2	commissioner	commissioner	PROPN
ftr-463	184	3	,	,	PUNCT
ftr-463	184	4	21	21	NUM
ftr-463	184	5	b.t.a	b.t.a	NOUN
ftr-463	184	6	.	.	NOUN
ftr-463	184	7	425	425	NUM
ftr-463	184	8	(	(	PUNCT
ftr-463	184	9	1930	1930	NUM
ftr-463	184	10	)	)	PUNCT
ftr-463	184	11	,	,	PUNCT
ftr-463	184	12	aff'd	aff'd	NOUN
ftr-463	184	13	,	,	PUNCT
ftr-463	184	14	57	57	NUM
ftr-463	184	15	f.2d	f.2d	NOUN
ftr-463	184	16	188	188	NUM
ftr-463	184	17	(	(	PUNCT
ftr-463	184	18	5th	5th	ADJ
ftr-463	184	19	cir	cir	NOUN
ftr-463	184	20	.	.	PUNCT
ftr-463	184	21	1932	1932	NUM
ftr-463	184	22	)	)	PUNCT
ftr-463	184	23	,	,	PUNCT
ftr-463	184	24	aff'd	aff'd	NOUN
ftr-463	184	25	.	.	PUNCT
ftr-463	185	1	287	287	NUM
ftr-463	185	2	u.s	u.s	PROPN
ftr-463	185	3	.	.	PROPN
ftr-463	185	4	462	462	NUM
ftr-463	185	5	(	(	PUNCT
ftr-463	185	6	1933	1933	NUM
ftr-463	185	7	):	):	PUNCT
ftr-463	185	8	cortland	cortland	PROPN
ftr-463	185	9	specialty	specialty	PROPN
ftr-463	185	10	co.	co.	PROPN
ftr-463	185	11	v.	v.	PROPN
ftr-463	185	12	commissioner	commissioner	PROPN
ftr-463	185	13	,	,	PUNCT
ftr-463	185	14	60	60	NUM
ftr-463	185	15	f.2d	f.2d	ADP
ftr-463	185	16	937	937	NUM
ftr-463	185	17	(	(	PUNCT
ftr-463	185	18	2d	2d	NUM
ftr-463	185	19	cir	cir	NOUN
ftr-463	185	20	.	.	PUNCT
ftr-463	185	21	1932	1932	NUM
ftr-463	185	22	)	)	PUNCT
ftr-463	185	23	;	;	PUNCT
ftr-463	185	24	sarther	sarther	NOUN
ftr-463	185	25	grocery	grocery	PROPN
ftr-463	185	26	co.	co.	PROPN
ftr-463	186	1	v.	v.	CCONJ
ftr-463	186	2	commissioner	commissioner	PROPN
ftr-463	186	3	,	,	PUNCT
ftr-463	186	4	63	63	NUM
ftr-463	186	5	f.2d	f.2d	SYM
ftr-463	186	6	68	68	NUM
ftr-463	186	7	(	(	PUNCT
ftr-463	186	8	7th	7th	ADJ
ftr-463	186	9	cir	cir	NOUN
ftr-463	186	10	.	.	PUNCT
ftr-463	186	11	1933	1933	NUM
ftr-463	186	12	)	)	PUNCT
ftr-463	186	13	;	;	PUNCT
ftr-463	186	14	prairie	prairie	NOUN
ftr-463	186	15	oil	oil	NOUN
ftr-463	186	16	&	&	CCONJ
ftr-463	186	17	gas	gas	PROPN
ftr-463	186	18	co.	co.	PROPN
ftr-463	187	1	v.	v.	CCONJ
ftr-463	187	2	motter	motter	ADJ
ftr-463	187	3	.	.	PROPN
ftr-463	188	1	66	66	NUM
ftr-463	188	2	f.2d	f.2d	X
ftr-463	188	3	309	309	NUM
ftr-463	188	4	(	(	PUNCT
ftr-463	188	5	10th	10th	ADJ
ftr-463	188	6	cir	cir	NOUN
ftr-463	188	7	.	.	PUNCT
ftr-463	188	8	1933	1933	NUM
ftr-463	188	9	):	):	PUNCT
ftr-463	188	10	worchester	worchester	PROPN
ftr-463	188	11	salt	salt	PROPN
ftr-463	188	12	co.	co.	PROPN
ftr-463	188	13	v.	v.	PROPN
ftr-463	188	14	commissioner	commissioner	PROPN
ftr-463	188	15	,	,	PUNCT
ftr-463	188	16	75	75	NUM
ftr-463	188	17	f.2d	f.2d	NOUN
ftr-463	188	18	251	251	NUM
ftr-463	188	19	(	(	PUNCT
ftr-463	188	20	2d	2d	NUM
ftr-463	188	21	cir	cir	NOUN
ftr-463	188	22	.	.	PUNCT
ftr-463	188	23	1935	1935	NUM
ftr-463	188	24	):	):	PUNCT
ftr-463	188	25	le	le	PROPN
ftr-463	188	26	tulle	tulle	PROPN
ftr-463	188	27	v.	v.	PROPN
ftr-463	188	28	scofield	scofield	PROPN
ftr-463	188	29	.	.	PUNCT
ftr-463	189	1	308	308	NUM
ftr-463	189	2	u.s	u.s	PROPN
ftr-463	189	3	.	.	PROPN
ftr-463	189	4	415	415	NUM
ftr-463	189	5	(	(	PUNCT
ftr-463	189	6	1940	1940	NUM
ftr-463	189	7	)	)	PUNCT
ftr-463	189	8	.	.	PUNCT
ftr-463	190	1	18	18	NUM
ftr-463	190	2	.	.	PUNCT
ftr-463	190	3	section	section	NOUN
ftr-463	190	4	203(h	203(h	NOUN
ftr-463	190	5	)	)	PUNCT
ftr-463	190	6	of	of	ADP
ftr-463	190	7	the	the	DET
ftr-463	190	8	1926	1926	NUM
ftr-463	190	9	act	act	NOUN
ftr-463	190	10	provided	provide	VERB
ftr-463	190	11	:	:	PUNCT
ftr-463	190	12	[	[	X
ftr-463	190	13	t]he	t]he	ADJ
ftr-463	190	14	term	term	NOUN
ftr-463	190	15	"	"	PUNCT
ftr-463	190	16	reorganization	reorganization	NOUN
ftr-463	190	17	"	"	PUNCT
ftr-463	190	18	means	mean	VERB
ftr-463	190	19	(	(	PUNCT
ftr-463	190	20	a	a	X
ftr-463	190	21	)	)	PUNCT
ftr-463	190	22	a	a	DET
ftr-463	190	23	merger	merger	NOUN
ftr-463	190	24	or	or	CCONJ
ftr-463	190	25	consolidation	consolidation	NOUN
ftr-463	190	26	(	(	PUNCT
ftr-463	190	27	including	include	VERB
ftr-463	190	28	the	the	DET
ftr-463	190	29	acquisition	acquisition	NOUN
ftr-463	190	30	by	by	ADP
ftr-463	190	31	one	one	NUM
ftr-463	190	32	corporation	corporation	NOUN
ftr-463	190	33	of	of	ADP
ftr-463	190	34	[	[	X
ftr-463	190	35	b	b	X
ftr-463	190	36	]	]	X
ftr-463	190	37	at	at	ADP
ftr-463	190	38	least	least	ADJ
ftr-463	190	39	a	a	DET
ftr-463	190	40	majority	majority	NOUN
ftr-463	190	41	of	of	ADP
ftr-463	190	42	the	the	DET
ftr-463	190	43	voting	voting	NOUN
ftr-463	190	44	stock	stock	NOUN
ftr-463	190	45	and	and	CCONJ
ftr-463	190	46	at	at	ADP
ftr-463	190	47	least	least	ADJ
ftr-463	190	48	a	a	DET
ftr-463	190	49	majority	majority	NOUN
ftr-463	190	50	of	of	ADP
ftr-463	190	51	the	the	DET
ftr-463	190	52	total	total	ADJ
ftr-463	190	53	number	number	NOUN
ftr-463	190	54	of	of	ADP
ftr-463	190	55	shares	share	NOUN
ftr-463	190	56	of	of	ADP
ftr-463	190	57	all	all	DET
ftr-463	190	58	other	other	ADJ
ftr-463	190	59	classes	class	NOUN
ftr-463	190	60	of	of	ADP
ftr-463	190	61	stock	stock	NOUN
ftr-463	190	62	of	of	ADP
ftr-463	190	63	another	another	DET
ftr-463	190	64	corporation	corporation	NOUN
ftr-463	190	65	or	or	CCONJ
ftr-463	190	66	[	[	X
ftr-463	190	67	c	c	X
ftr-463	190	68	]	]	X
ftr-463	190	69	substantiall	substantiall	NOUN
ftr-463	190	70	all	all	DET
ftr-463	190	71	the	the	DET
ftr-463	190	72	properties	property	NOUN
ftr-463	190	73	of	of	ADP
ftr-463	190	74	another	another	DET
ftr-463	190	75	corporation	corporation	NOUN
ftr-463	190	76	)	)	PUNCT
ftr-463	190	77	,	,	PUNCT
ftr-463	190	78	or	or	CCONJ
ftr-463	190	79	[	[	X
ftr-463	190	80	d	d	X
ftr-463	190	81	]	]	X
ftr-463	190	82	a	a	DET
ftr-463	190	83	transfer	transfer	NOUN
ftr-463	190	84	by	by	ADP
ftr-463	190	85	a	a	DET
ftr-463	190	86	corporation	corporation	NOUN
ftr-463	190	87	of	of	ADP
ftr-463	190	88	all	all	PRON
ftr-463	190	89	or	or	CCONJ
ftr-463	190	90	part	part	NOUN
ftr-463	190	91	of	of	ADP
ftr-463	190	92	its	its	PRON
ftr-463	190	93	assets	asset	NOUN
ftr-463	190	94	to	to	ADP
ftr-463	190	95	another	another	DET
ftr-463	190	96	corporation	corporation	NOUN
ftr-463	190	97	if	if	SCONJ
ftr-463	190	98	immediately	immediately	ADV
ftr-463	190	99	after	after	ADP
ftr-463	190	100	the	the	DET
ftr-463	190	101	transfer	transfer	NOUN
ftr-463	190	102	the	the	DET
ftr-463	190	103	florida	florida	PROPN
ftr-463	190	104	tax	tax	NOUN
ftr-463	190	105	review	review	NOUN
ftr-463	190	106	ation	ation	NOUN
ftr-463	190	107	for	for	ADP
ftr-463	190	108	the	the	DET
ftr-463	190	109	transaction	transaction	NOUN
ftr-463	190	110	consisted	consist	VERB
ftr-463	190	111	of	of	ADP
ftr-463	190	112	"	"	PUNCT
ftr-463	190	113	stock	stock	NOUN
ftr-463	190	114	or	or	CCONJ
ftr-463	190	115	securities	security	NOUN
ftr-463	190	116	"	"	PUNCT
ftr-463	190	117	of	of	ADP
ftr-463	190	118	the	the	DET
ftr-463	190	119	acquiror	acquiror	NOUN
ftr-463	190	120	(	(	PUNCT
ftr-463	190	121	or	or	CCONJ
ftr-463	190	122	another	another	DET
ftr-463	190	123	corporate	corporate	ADJ
ftr-463	190	124	party	party	NOUN
ftr-463	190	125	to	to	ADP
ftr-463	190	126	the	the	DET
ftr-463	190	127	transaction	transaction	NOUN
ftr-463	190	128	)	)	PUNCT
ftr-463	190	129	.	.	PUNCT
ftr-463	191	1	9	9	NUM
ftr-463	191	2	in	in	ADP
ftr-463	191	3	each	each	PRON
ftr-463	191	4	of	of	ADP
ftr-463	191	5	the	the	DET
ftr-463	191	6	transactions	transaction	NOUN
ftr-463	191	7	,	,	PUNCT
ftr-463	191	8	the	the	DET
ftr-463	191	9	taxpayer	taxpayer	NOUN
ftr-463	191	10	undoubtedly	undoubtedly	ADV
ftr-463	191	11	satisfied	satisfy	VERB
ftr-463	191	12	the	the	DET
ftr-463	191	13	literal	literal	ADJ
ftr-463	191	14	definition	definition	NOUN
ftr-463	191	15	of	of	ADP
ftr-463	191	16	reorganization	reorganization	NOUN
ftr-463	191	17	.	.	PUNCT
ftr-463	192	1	moreover	moreover	ADV
ftr-463	192	2	,	,	PUNCT
ftr-463	192	3	since	since	SCONJ
ftr-463	192	4	the	the	DET
ftr-463	192	5	term	term	NOUN
ftr-463	192	6	"	"	PUNCT
ftr-463	192	7	securities	security	NOUN
ftr-463	192	8	"	"	PUNCT
ftr-463	192	9	was	be	AUX
ftr-463	192	10	undefined	undefined	ADJ
ftr-463	192	11	by	by	ADP
ftr-463	192	12	congress	congress	PROPN
ftr-463	192	13	for	for	ADP
ftr-463	192	14	purposes	purpose	NOUN
ftr-463	192	15	of	of	ADP
ftr-463	192	16	the	the	DET
ftr-463	192	17	reorganization	reorganization	NOUN
ftr-463	192	18	provisions	provision	NOUN
ftr-463	192	19	(	(	PUNCT
ftr-463	192	20	as	as	SCONJ
ftr-463	192	21	it	it	PRON
ftr-463	192	22	has	have	AUX
ftr-463	192	23	remained	remain	VERB
ftr-463	192	24	to	to	ADP
ftr-463	192	25	this	this	DET
ftr-463	192	26	day	day	NOUN
ftr-463	192	27	)	)	PUNCT
ftr-463	192	28	,	,	PUNCT
ftr-463	192	29	but	but	CCONJ
ftr-463	192	30	had	have	AUX
ftr-463	192	31	been	be	AUX
ftr-463	192	32	defined	define	VERB
ftr-463	192	33	broadly	broadly	ADV
ftr-463	192	34	in	in	ADP
ftr-463	192	35	other	other	ADJ
ftr-463	192	36	contexts,20	contexts,20	NOUN
ftr-463	192	37	the	the	DET
ftr-463	192	38	taxpayers	taxpayer	NOUN
ftr-463	192	39	had	have	VERB
ftr-463	192	40	good	good	ADJ
ftr-463	192	41	reason	reason	NOUN
ftr-463	192	42	to	to	PART
ftr-463	192	43	feel	feel	VERB
ftr-463	192	44	optimistic	optimistic	ADJ
ftr-463	192	45	.	.	PUNCT
ftr-463	193	1	nevertheless	nevertheless	ADV
ftr-463	193	2	,	,	PUNCT
ftr-463	193	3	in	in	ADP
ftr-463	193	4	pinellas	pinellas	PROPN
ftr-463	193	5	ice	ice	PROPN
ftr-463	193	6	co.	co.	PROPN
ftr-463	193	7	and	and	CCONJ
ftr-463	193	8	cortland	cortland	PROPN
ftr-463	193	9	specialty	specialty	PROPN
ftr-463	193	10	co.	co.	PROPN
ftr-463	193	11	,	,	PUNCT
ftr-463	193	12	the	the	DET
ftr-463	193	13	first	first	ADJ
ftr-463	193	14	two	two	NUM
ftr-463	193	15	cases	case	NOUN
ftr-463	193	16	to	to	PART
ftr-463	193	17	consider	consider	VERB
ftr-463	193	18	the	the	DET
ftr-463	193	19	issue	issue	NOUN
ftr-463	193	20	,	,	PUNCT
ftr-463	193	21	the	the	DET
ftr-463	193	22	supreme	supreme	PROPN
ftr-463	193	23	court	court	PROPN
ftr-463	193	24	and	and	CCONJ
ftr-463	193	25	second	second	ADJ
ftr-463	193	26	circuit	circuit	NOUN
ftr-463	193	27	concluded	conclude	VERB
ftr-463	193	28	that	that	SCONJ
ftr-463	193	29	both	both	DET
ftr-463	193	30	conditions	condition	NOUN
ftr-463	193	31	were	be	AUX
ftr-463	193	32	failed	fail	VERB
ftr-463	193	33	.	.	PUNCT
ftr-463	194	1	in	in	ADP
ftr-463	194	2	each	each	DET
ftr-463	194	3	case	case	NOUN
ftr-463	194	4	,	,	PUNCT
ftr-463	194	5	the	the	DET
ftr-463	194	6	consideration	consideration	NOUN
ftr-463	194	7	consisted	consist	VERB
ftr-463	194	8	of	of	ADP
ftr-463	194	9	cash	cash	NOUN
ftr-463	194	10	and	and	CCONJ
ftr-463	194	11	notes	note	NOUN
ftr-463	194	12	(	(	PUNCT
ftr-463	194	13	which	which	PRON
ftr-463	194	14	,	,	PUNCT
ftr-463	194	15	in	in	ADP
ftr-463	194	16	cortland	cortland	PROPN
ftr-463	194	17	,	,	PUNCT
ftr-463	194	18	matured	mature	VERB
ftr-463	194	19	serially	serially	ADV
ftr-463	194	20	,	,	PUNCT
ftr-463	194	21	with	with	ADP
ftr-463	194	22	the	the	DET
ftr-463	194	23	longest	long	ADJ
ftr-463	194	24	having	have	VERB
ftr-463	194	25	a	a	DET
ftr-463	194	26	14	14	NUM
ftr-463	194	27	-	-	PUNCT
ftr-463	194	28	month	month	NOUN
ftr-463	194	29	term	term	NOUN
ftr-463	194	30	,	,	PUNCT
ftr-463	194	31	were	be	AUX
ftr-463	194	32	unsecured	unsecured	ADJ
ftr-463	194	33	,	,	PUNCT
ftr-463	194	34	and	and	CCONJ
ftr-463	194	35	were	be	AUX
ftr-463	194	36	"	"	PUNCT
ftr-463	194	37	doubtless	doubtless	VERB
ftr-463	194	38	readily	readily	ADV
ftr-463	194	39	marketable	marketable	ADJ
ftr-463	194	40	,	,	PUNCT
ftr-463	194	41	"	"	PUNCT
ftr-463	194	42	and	and	CCONJ
ftr-463	194	43	in	in	ADP
ftr-463	194	44	pinellas	pinellas	PROPN
ftr-463	194	45	had	have	VERB
ftr-463	194	46	a	a	DET
ftr-463	194	47	4	4	NUM
ftr-463	194	48	-	-	PUNCT
ftr-463	194	49	month	month	NOUN
ftr-463	194	50	term	term	NOUN
ftr-463	194	51	and	and	CCONJ
ftr-463	194	52	were	be	AUX
ftr-463	194	53	well	well	ADV
ftr-463	194	54	-	-	PUNCT
ftr-463	194	55	secured).l	secured).l	PRON
ftr-463	194	56	each	each	DET
ftr-463	194	57	court	court	NOUN
ftr-463	194	58	concluded	conclude	VERB
ftr-463	194	59	that	that	SCONJ
ftr-463	194	60	although	although	SCONJ
ftr-463	194	61	congress	congress	PROPN
ftr-463	194	62	failed	fail	VERB
ftr-463	194	63	to	to	PART
ftr-463	194	64	define	define	VERB
ftr-463	194	65	"	"	PUNCT
ftr-463	194	66	security	security	NOUN
ftr-463	194	67	,	,	PUNCT
ftr-463	194	68	"	"	PUNCT
ftr-463	194	69	it	it	PRON
ftr-463	194	70	could	could	AUX
ftr-463	194	71	not	not	PART
ftr-463	194	72	have	have	AUX
ftr-463	194	73	intended	intend	VERB
ftr-463	194	74	the	the	DET
ftr-463	194	75	word	word	NOUN
ftr-463	194	76	to	to	PART
ftr-463	194	77	include	include	VERB
ftr-463	194	78	instruments	instrument	NOUN
ftr-463	194	79	,	,	PUNCT
ftr-463	194	80	such	such	ADJ
ftr-463	194	81	as	as	ADP
ftr-463	194	82	the	the	DET
ftr-463	194	83	notes	note	NOUN
ftr-463	194	84	,	,	PUNCT
ftr-463	194	85	that	that	PRON
ftr-463	194	86	were	be	AUX
ftr-463	194	87	effectively	effectively	ADV
ftr-463	194	88	cash	cash	NOUN
ftr-463	194	89	equivalents	equivalent	NOUN
ftr-463	194	90	.	.	PUNCT
ftr-463	195	1	although	although	SCONJ
ftr-463	195	2	this	this	DET
ftr-463	195	3	rationale	rationale	NOUN
ftr-463	195	4	was	be	AUX
ftr-463	195	5	sufficient	sufficient	ADJ
ftr-463	195	6	to	to	PART
ftr-463	195	7	dispose	dispose	VERB
ftr-463	195	8	of	of	ADP
ftr-463	195	9	the	the	DET
ftr-463	195	10	cases	case	NOUN
ftr-463	195	11	,	,	PUNCT
ftr-463	195	12	the	the	DET
ftr-463	195	13	courts	court	NOUN
ftr-463	195	14	also	also	ADV
ftr-463	195	15	concluded	conclude	VERB
ftr-463	195	16	that	that	SCONJ
ftr-463	195	17	the	the	DET
ftr-463	195	18	transactions	transaction	NOUN
ftr-463	195	19	failed	fail	VERB
ftr-463	195	20	to	to	PART
ftr-463	195	21	qualify	qualify	VERB
ftr-463	195	22	as	as	ADP
ftr-463	195	23	"	"	PUNCT
ftr-463	195	24	reorganizations	reorganization	NOUN
ftr-463	195	25	.	.	PUNCT
ftr-463	195	26	"	"	PUNCT
ftr-463	196	1	acknowledging	acknowledge	VERB
ftr-463	196	2	that	that	SCONJ
ftr-463	196	3	the	the	DET
ftr-463	196	4	literal	literal	ADJ
ftr-463	196	5	language	language	NOUN
ftr-463	196	6	of	of	ADP
ftr-463	196	7	the	the	DET
ftr-463	196	8	reorganization	reorganization	NOUN
ftr-463	196	9	definition	definition	NOUN
ftr-463	196	10	included	include	VERB
ftr-463	196	11	all	all	DET
ftr-463	196	12	asset	asset	NOUN
ftr-463	196	13	transfers	transfer	NOUN
ftr-463	196	14	,	,	PUNCT
ftr-463	196	15	regardless	regardless	ADV
ftr-463	196	16	of	of	ADP
ftr-463	196	17	the	the	DET
ftr-463	196	18	consideration	consideration	NOUN
ftr-463	196	19	,	,	PUNCT
ftr-463	196	20	the	the	DET
ftr-463	196	21	courts	court	NOUN
ftr-463	196	22	concluded	conclude	VERB
ftr-463	196	23	that	that	SCONJ
ftr-463	196	24	the	the	DET
ftr-463	196	25	parenthetical	parenthetical	ADJ
ftr-463	196	26	language	language	NOUN
ftr-463	196	27	of	of	ADP
ftr-463	196	28	the	the	DET
ftr-463	196	29	phrase	phrase	NOUN
ftr-463	196	30	,	,	PUNCT
ftr-463	196	31	"	"	PUNCT
ftr-463	196	32	merger	merger	NOUN
ftr-463	196	33	or	or	CCONJ
ftr-463	196	34	transferor	transferor	NOUN
ftr-463	196	35	or	or	CCONJ
ftr-463	196	36	its	its	PRON
ftr-463	196	37	stockholders	stockholder	NOUN
ftr-463	196	38	or	or	CCONJ
ftr-463	196	39	both	both	PRON
ftr-463	196	40	are	be	AUX
ftr-463	196	41	in	in	ADP
ftr-463	196	42	control	control	NOUN
ftr-463	196	43	of	of	ADP
ftr-463	196	44	the	the	DET
ftr-463	196	45	corporation	corporation	NOUN
ftr-463	196	46	to	to	PART
ftr-463	196	47	which	which	PRON
ftr-463	196	48	the	the	DET
ftr-463	196	49	assets	asset	NOUN
ftr-463	196	50	are	be	AUX
ftr-463	196	51	transferred	transfer	VERB
ftr-463	196	52	,	,	PUNCT
ftr-463	196	53	or	or	CCONJ
ftr-463	196	54	[	[	X
ftr-463	196	55	e	e	X
ftr-463	196	56	]	]	X
ftr-463	196	57	a	a	DET
ftr-463	196	58	recapitalization	recapitalization	NOUN
ftr-463	196	59	,	,	PUNCT
ftr-463	196	60	or	or	CCONJ
ftr-463	196	61	[	[	X
ftr-463	196	62	f	f	X
ftr-463	196	63	]	]	X
ftr-463	196	64	a	a	DET
ftr-463	196	65	mere	mere	ADJ
ftr-463	196	66	change	change	NOUN
ftr-463	196	67	in	in	ADP
ftr-463	196	68	identity	identity	NOUN
ftr-463	196	69	,	,	PUNCT
ftr-463	196	70	form	form	NOUN
ftr-463	196	71	,	,	PUNCT
ftr-463	196	72	or	or	CCONJ
ftr-463	196	73	place	place	NOUN
ftr-463	196	74	of	of	ADP
ftr-463	196	75	organization	organization	NOUN
ftr-463	196	76	,	,	PUNCT
ftr-463	196	77	however	however	ADV
ftr-463	196	78	,	,	PUNCT
ftr-463	196	79	effected	effect	VERB
ftr-463	196	80	.	.	PUNCT
ftr-463	197	1	(	(	PUNCT
ftr-463	197	2	emphasis	emphasis	NOUN
ftr-463	197	3	added	add	VERB
ftr-463	197	4	)	)	PUNCT
ftr-463	197	5	.	.	PUNCT
ftr-463	198	1	the	the	DET
ftr-463	198	2	bracketed	bracketed	ADJ
ftr-463	198	3	letters	letter	NOUN
ftr-463	198	4	correspond	correspond	VERB
ftr-463	198	5	to	to	ADP
ftr-463	198	6	the	the	DET
ftr-463	198	7	analogous	analogous	ADJ
ftr-463	198	8	provisions	provision	NOUN
ftr-463	198	9	of	of	ADP
ftr-463	198	10	modem	modem	PROPN
ftr-463	198	11	law	law	NOUN
ftr-463	198	12	.	.	PUNCT
ftr-463	199	1	clause	clause	NOUN
ftr-463	200	1	[	[	X
ftr-463	200	2	d	d	X
ftr-463	200	3	]	]	X
ftr-463	200	4	(	(	PUNCT
ftr-463	200	5	which	which	PRON
ftr-463	200	6	was	be	AUX
ftr-463	200	7	(	(	PUNCT
ftr-463	200	8	b	b	NOUN
ftr-463	200	9	)	)	PUNCT
ftr-463	200	10	in	in	ADP
ftr-463	200	11	the	the	DET
ftr-463	200	12	statute	statute	NOUN
ftr-463	200	13	)	)	PUNCT
ftr-463	200	14	was	be	AUX
ftr-463	200	15	added	add	VERB
ftr-463	200	16	in	in	ADP
ftr-463	200	17	1924	1924	NUM
ftr-463	200	18	to	to	PART
ftr-463	200	19	enlarge	enlarge	VERB
ftr-463	200	20	the	the	DET
ftr-463	200	21	scope	scope	NOUN
ftr-463	200	22	of	of	ADP
ftr-463	200	23	the	the	DET
ftr-463	200	24	definition	definition	NOUN
ftr-463	200	25	of	of	ADP
ftr-463	200	26	reorganization	reorganization	NOUN
ftr-463	200	27	.	.	PUNCT
ftr-463	201	1	see	see	VERB
ftr-463	201	2	revenue	revenue	NOUN
ftr-463	201	3	act	act	NOUN
ftr-463	201	4	of	of	ADP
ftr-463	201	5	1924	1924	NUM
ftr-463	201	6	,	,	PUNCT
ftr-463	201	7	§	§	PROPN
ftr-463	201	8	203(h	203(h	NOUN
ftr-463	201	9	)	)	PUNCT
ftr-463	201	10	,	,	PUNCT
ftr-463	201	11	43	43	NUM
ftr-463	201	12	stat	stat	NOUN
ftr-463	201	13	.	.	PUNCT
ftr-463	202	1	253	253	NUM
ftr-463	202	2	,	,	PUNCT
ftr-463	202	3	257	257	NUM
ftr-463	202	4	;	;	PUNCT
ftr-463	202	5	house	house	NOUN
ftr-463	202	6	comm	comm	NOUN
ftr-463	202	7	.	.	PUNCT
ftr-463	203	1	on	on	ADP
ftr-463	203	2	ways	way	NOUN
ftr-463	203	3	and	and	CCONJ
ftr-463	203	4	means	mean	NOUN
ftr-463	203	5	,	,	PUNCT
ftr-463	203	6	68th	68th	ADJ
ftr-463	203	7	cong	cong	NOUN
ftr-463	203	8	.	.	PROPN
ftr-463	203	9	,	,	PUNCT
ftr-463	203	10	ist	ist	NOUN
ftr-463	203	11	sess	sess	NOUN
ftr-463	203	12	.	.	PUNCT
ftr-463	203	13	,	,	PUNCT
ftr-463	203	14	reprinted	reprint	VERB
ftr-463	203	15	in	in	ADP
ftr-463	203	16	j.s	j.s	PROPN
ftr-463	203	17	.	.	PUNCT
ftr-463	204	1	seidman	seidman	PROPN
ftr-463	204	2	,	,	PUNCT
ftr-463	204	3	seidman	seidman	PROPN
ftr-463	204	4	's	's	PART
ftr-463	204	5	legislative	legislative	ADJ
ftr-463	204	6	history	history	NOUN
ftr-463	204	7	of	of	ADP
ftr-463	204	8	federal	federal	ADJ
ftr-463	204	9	income	income	NOUN
ftr-463	204	10	tax	tax	NOUN
ftr-463	204	11	laws	law	NOUN
ftr-463	204	12	697	697	NUM
ftr-463	204	13	(	(	PUNCT
ftr-463	204	14	1953	1953	NUM
ftr-463	204	15	)	)	PUNCT
ftr-463	204	16	.	.	PUNCT
ftr-463	205	1	19	19	NUM
ftr-463	205	2	.	.	PUNCT
ftr-463	205	3	section	section	NOUN
ftr-463	205	4	203(b)(3	203(b)(3	NUM
ftr-463	205	5	)	)	PUNCT
ftr-463	205	6	of	of	ADP
ftr-463	205	7	the	the	DET
ftr-463	205	8	1924	1924	NUM
ftr-463	205	9	act	act	NOUN
ftr-463	205	10	provided	provide	VERB
ftr-463	205	11	for	for	ADP
ftr-463	205	12	nonrecognition	nonrecognition	NOUN
ftr-463	205	13	"	"	PUNCT
ftr-463	205	14	if	if	SCONJ
ftr-463	205	15	a	a	DET
ftr-463	205	16	corporation	corporation	NOUN
ftr-463	205	17	a	a	DET
ftr-463	205	18	party	party	NOUN
ftr-463	205	19	to	to	ADP
ftr-463	205	20	a	a	DET
ftr-463	205	21	reorganization	reorganization	NOUN
ftr-463	205	22	exchanges	exchange	NOUN
ftr-463	205	23	property	property	NOUN
ftr-463	205	24	,	,	PUNCT
ftr-463	205	25	in	in	ADP
ftr-463	205	26	pursuance	pursuance	NOUN
ftr-463	205	27	of	of	ADP
ftr-463	205	28	the	the	DET
ftr-463	205	29	plan	plan	NOUN
ftr-463	205	30	of	of	ADP
ftr-463	205	31	reorganization	reorganization	NOUN
ftr-463	205	32	,	,	PUNCT
ftr-463	205	33	solely	solely	ADV
ftr-463	205	34	for	for	ADP
ftr-463	205	35	stock	stock	NOUN
ftr-463	205	36	or	or	CCONJ
ftr-463	205	37	securities	security	NOUN
ftr-463	205	38	in	in	ADP
ftr-463	205	39	another	another	DET
ftr-463	205	40	corporation	corporation	NOUN
ftr-463	205	41	a	a	DET
ftr-463	205	42	party	party	NOUN
ftr-463	205	43	to	to	ADP
ftr-463	205	44	the	the	DET
ftr-463	205	45	reorganization	reorganization	NOUN
ftr-463	205	46	.	.	PUNCT
ftr-463	205	47	"	"	PUNCT
ftr-463	206	1	section	section	NOUN
ftr-463	206	2	203(e	203(e	PROPN
ftr-463	206	3	)	)	PUNCT
ftr-463	206	4	of	of	ADP
ftr-463	206	5	the	the	DET
ftr-463	206	6	1924	1924	NUM
ftr-463	206	7	act	act	NOUN
ftr-463	206	8	subjected	subject	VERB
ftr-463	206	9	the	the	DET
ftr-463	206	10	target	target	NOUN
ftr-463	206	11	to	to	ADP
ftr-463	206	12	tax	tax	NOUN
ftr-463	206	13	on	on	ADP
ftr-463	206	14	any	any	DET
ftr-463	206	15	gain	gain	NOUN
ftr-463	206	16	to	to	ADP
ftr-463	206	17	the	the	DET
ftr-463	206	18	extent	extent	NOUN
ftr-463	206	19	the	the	DET
ftr-463	206	20	consideration	consideration	NOUN
ftr-463	206	21	consisted	consist	VERB
ftr-463	206	22	of	of	ADP
ftr-463	206	23	money	money	NOUN
ftr-463	206	24	or	or	CCONJ
ftr-463	206	25	property	property	NOUN
ftr-463	206	26	other	other	ADJ
ftr-463	206	27	than	than	ADP
ftr-463	206	28	stock	stock	NOUN
ftr-463	206	29	or	or	CCONJ
ftr-463	206	30	securities	security	NOUN
ftr-463	206	31	(	(	PUNCT
ftr-463	206	32	boot	boot	NOUN
ftr-463	206	33	)	)	PUNCT
ftr-463	206	34	.	.	PUNCT
ftr-463	207	1	20	20	NUM
ftr-463	207	2	.	.	X
ftr-463	208	1	see	see	VERB
ftr-463	208	2	schedule	schedule	NOUN
ftr-463	208	3	a	a	PRON
ftr-463	208	4	of	of	ADP
ftr-463	208	5	title	title	NOUN
ftr-463	208	6	xi	xi	ADP
ftr-463	208	7	of	of	ADP
ftr-463	208	8	the	the	DET
ftr-463	208	9	1918	1918	NUM
ftr-463	208	10	act	act	NOUN
ftr-463	208	11	,	,	PUNCT
ftr-463	208	12	revenue	revenue	NOUN
ftr-463	208	13	act	act	NOUN
ftr-463	208	14	of	of	ADP
ftr-463	208	15	1918	1918	NUM
ftr-463	208	16	,	,	PUNCT
ftr-463	208	17	40	40	NUM
ftr-463	208	18	stat	stat	NOUN
ftr-463	208	19	.	.	PUNCT
ftr-463	209	1	1057	1057	NUM
ftr-463	209	2	,	,	PUNCT
ftr-463	209	3	1135	1135	NUM
ftr-463	209	4	(	(	PUNCT
ftr-463	209	5	imposing	impose	VERB
ftr-463	209	6	stamp	stamp	NOUN
ftr-463	209	7	tax	tax	NOUN
ftr-463	209	8	on	on	ADP
ftr-463	209	9	"	"	PUNCT
ftr-463	209	10	all	all	DET
ftr-463	209	11	instruments	instrument	NOUN
ftr-463	209	12	,	,	PUNCT
ftr-463	209	13	however	however	ADV
ftr-463	209	14	termed	term	VERB
ftr-463	209	15	,	,	PUNCT
ftr-463	209	16	issued	issue	VERB
ftr-463	209	17	by	by	ADP
ftr-463	209	18	any	any	DET
ftr-463	209	19	corporation	corporation	NOUN
ftr-463	209	20	with	with	ADP
ftr-463	209	21	interest	interest	NOUN
ftr-463	209	22	coupons	coupon	NOUN
ftr-463	209	23	or	or	CCONJ
ftr-463	209	24	in	in	ADP
ftr-463	209	25	registered	register	VERB
ftr-463	209	26	form	form	NOUN
ftr-463	209	27	,	,	PUNCT
ftr-463	209	28	known	know	VERB
ftr-463	209	29	generally	generally	ADV
ftr-463	209	30	as	as	ADP
ftr-463	209	31	corporate	corporate	ADJ
ftr-463	209	32	securities	security	NOUN
ftr-463	209	33	"	"	PUNCT
ftr-463	209	34	)	)	PUNCT
ftr-463	209	35	.	.	PUNCT
ftr-463	210	1	section	section	NOUN
ftr-463	210	2	23(k)(3	23(k)(3	NUM
ftr-463	210	3	)	)	PUNCT
ftr-463	210	4	of	of	ADP
ftr-463	210	5	the	the	DET
ftr-463	210	6	1938	1938	NUM
ftr-463	210	7	act	act	NOUN
ftr-463	210	8	used	use	VERB
ftr-463	210	9	substantially	substantially	ADV
ftr-463	210	10	the	the	DET
ftr-463	210	11	same	same	ADJ
ftr-463	210	12	definition	definition	NOUN
ftr-463	210	13	to	to	PART
ftr-463	210	14	distinguish	distinguish	VERB
ftr-463	210	15	debt	debt	NOUN
ftr-463	210	16	instruments	instrument	NOUN
ftr-463	210	17	that	that	PRON
ftr-463	210	18	give	give	VERB
ftr-463	210	19	rise	rise	NOUN
ftr-463	210	20	to	to	ADP
ftr-463	210	21	capital	capital	NOUN
ftr-463	210	22	losses	loss	NOUN
ftr-463	210	23	from	from	ADP
ftr-463	210	24	bad	bad	ADJ
ftr-463	210	25	debts	debt	NOUN
ftr-463	210	26	,	,	PUNCT
ftr-463	210	27	which	which	PRON
ftr-463	210	28	permit	permit	VERB
ftr-463	210	29	ordinary	ordinary	ADJ
ftr-463	210	30	deductions	deduction	NOUN
ftr-463	210	31	.	.	PUNCT
ftr-463	211	1	revenue	revenue	NOUN
ftr-463	211	2	act	act	NOUN
ftr-463	211	3	of	of	ADP
ftr-463	211	4	1938	1938	NUM
ftr-463	211	5	,	,	PUNCT
ftr-463	211	6	52	52	NUM
ftr-463	211	7	stat	stat	NOUN
ftr-463	211	8	.	.	PUNCT
ftr-463	212	1	447	447	NUM
ftr-463	212	2	,	,	PUNCT
ftr-463	212	3	462	462	NUM
ftr-463	212	4	.	.	PUNCT
ftr-463	213	1	thus	thus	ADV
ftr-463	213	2	,	,	PUNCT
ftr-463	213	3	it	it	PRON
ftr-463	213	4	was	be	AUX
ftr-463	213	5	unclear	unclear	ADJ
ftr-463	213	6	whether	whether	SCONJ
ftr-463	213	7	short	short	ADJ
ftr-463	213	8	-	-	PUNCT
ftr-463	213	9	term	term	NOUN
ftr-463	213	10	debt	debt	NOUN
ftr-463	213	11	instruments	instrument	NOUN
ftr-463	213	12	could	could	AUX
ftr-463	213	13	be	be	AUX
ftr-463	213	14	securities	security	NOUN
ftr-463	213	15	or	or	CCONJ
ftr-463	213	16	whether	whether	SCONJ
ftr-463	213	17	the	the	DET
ftr-463	213	18	holder	holder	NOUN
ftr-463	213	19	's	's	PART
ftr-463	213	20	interest	interest	NOUN
ftr-463	213	21	had	have	VERB
ftr-463	213	22	to	to	PART
ftr-463	213	23	be	be	AUX
ftr-463	213	24	secured	secure	VERB
ftr-463	213	25	.	.	PUNCT
ftr-463	214	1	see	see	VERB
ftr-463	214	2	neville	neville	PROPN
ftr-463	214	3	coke	coke	PROPN
ftr-463	214	4	&	&	CCONJ
ftr-463	214	5	chemical	chemical	PROPN
ftr-463	214	6	co.	co.	PROPN
ftr-463	215	1	v.	v.	PROPN
ftr-463	215	2	commissioner	commissioner	PROPN
ftr-463	215	3	,	,	PUNCT
ftr-463	215	4	148	148	NUM
ftr-463	215	5	f.2d	f.2d	NOUN
ftr-463	215	6	599	599	NUM
ftr-463	215	7	,	,	PUNCT
ftr-463	215	8	601	601	NUM
ftr-463	215	9	-	-	SYM
ftr-463	215	10	02	02	NUM
ftr-463	215	11	(	(	PUNCT
ftr-463	215	12	3d	3d	NUM
ftr-463	215	13	cir	cir	NOUN
ftr-463	215	14	.	.	PROPN
ftr-463	215	15	1945	1945	NUM
ftr-463	215	16	)	)	PUNCT
ftr-463	215	17	,	,	PUNCT
ftr-463	215	18	cert	cert	PROPN
ftr-463	215	19	.	.	PUNCT
ftr-463	215	20	denied	deny	VERB
ftr-463	215	21	,	,	PUNCT
ftr-463	215	22	326	326	NUM
ftr-463	215	23	u.s	u.s	PROPN
ftr-463	215	24	.	.	PROPN
ftr-463	215	25	726	726	NUM
ftr-463	215	26	(	(	PUNCT
ftr-463	215	27	1945	1945	NUM
ftr-463	215	28	)	)	PUNCT
ftr-463	215	29	(	(	PUNCT
ftr-463	215	30	discussion	discussion	NOUN
ftr-463	215	31	of	of	ADP
ftr-463	215	32	confusion	confusion	NOUN
ftr-463	215	33	over	over	ADP
ftr-463	215	34	whether	whether	SCONJ
ftr-463	215	35	time	time	NOUN
ftr-463	215	36	or	or	CCONJ
ftr-463	215	37	some	some	DET
ftr-463	215	38	other	other	ADJ
ftr-463	215	39	factor	factor	NOUN
ftr-463	215	40	is	be	AUX
ftr-463	215	41	crucial	crucial	ADJ
ftr-463	215	42	)	)	PUNCT
ftr-463	215	43	.	.	PUNCT
ftr-463	216	1	21	21	NUM
ftr-463	216	2	.	.	PUNCT
ftr-463	216	3	cortland	cortland	PROPN
ftr-463	216	4	,	,	PUNCT
ftr-463	216	5	60	60	NUM
ftr-463	216	6	f.2d	f.2d	X
ftr-463	216	7	at	at	ADP
ftr-463	216	8	940	940	NUM
ftr-463	216	9	;	;	PUNCT
ftr-463	216	10	pinellas	pinella	NOUN
ftr-463	216	11	,	,	PUNCT
ftr-463	216	12	287	287	NUM
ftr-463	216	13	u.s	u.s	PROPN
ftr-463	216	14	.	.	PROPN
ftr-463	216	15	at	at	ADP
ftr-463	216	16	464	464	NUM
ftr-463	216	17	.	.	PUNCT
ftr-463	217	1	[	[	X
ftr-463	217	2	vol	vol	NOUN
ftr-463	217	3	3:5	3:5	NUM
ftr-463	217	4	1996	1996	NUM
ftr-463	217	5	]	]	PUNCT
ftr-463	217	6	devolution	devolution	NOUN
ftr-463	217	7	&	&	CCONJ
ftr-463	217	8	inevitable	inevitable	ADJ
ftr-463	217	9	extinction	extinction	NOUN
ftr-463	217	10	of	of	ADP
ftr-463	217	11	the	the	DET
ftr-463	217	12	continuity	continuity	NOUN
ftr-463	217	13	of	of	ADP
ftr-463	217	14	interest	interest	NOUN
ftr-463	217	15	doctrine	doctrine	NOUN
ftr-463	217	16	197	197	NUM
ftr-463	217	17	consolidation	consolidation	NOUN
ftr-463	217	18	(	(	PUNCT
ftr-463	217	19	including	include	VERB
ftr-463	217	20	the	the	DET
ftr-463	217	21	acquisition	acquisition	NOUN
ftr-463	217	22	by	by	ADP
ftr-463	217	23	one	one	NUM
ftr-463	217	24	corporation	corporation	NOUN
ftr-463	217	25	of	of	ADP
ftr-463	217	26	...	...	PUNCT
ftr-463	217	27	substantially	substantially	ADV
ftr-463	217	28	all	all	PRON
ftr-463	217	29	of	of	ADP
ftr-463	217	30	the	the	DET
ftr-463	217	31	properties	property	NOUN
ftr-463	217	32	of	of	ADP
ftr-463	217	33	another	another	DET
ftr-463	217	34	corporation	corporation	NOUN
ftr-463	217	35	)	)	PUNCT
ftr-463	217	36	,	,	PUNCT
ftr-463	217	37	"	"	PUNCT
ftr-463	217	38	must	must	AUX
ftr-463	217	39	be	be	AUX
ftr-463	217	40	read	read	VERB
ftr-463	217	41	in	in	ADP
ftr-463	217	42	the	the	DET
ftr-463	217	43	context	context	NOUN
ftr-463	217	44	of	of	ADP
ftr-463	217	45	the	the	DET
ftr-463	217	46	words	word	NOUN
ftr-463	217	47	"	"	PUNCT
ftr-463	217	48	merger	merger	NOUN
ftr-463	217	49	or	or	CCONJ
ftr-463	217	50	consolidation	consolidation	NOUN
ftr-463	217	51	"	"	PUNCT
ftr-463	217	52	that	that	PRON
ftr-463	217	53	precede	precede	VERB
ftr-463	217	54	it.y	it.y	PROPN
ftr-463	217	55	since	since	SCONJ
ftr-463	217	56	"	"	PUNCT
ftr-463	217	57	the	the	DET
ftr-463	217	58	general	general	ADJ
ftr-463	217	59	purpose	purpose	NOUN
ftr-463	217	60	of	of	ADP
ftr-463	217	61	[	[	X
ftr-463	217	62	all	all	DET
ftr-463	217	63	state	state	NOUN
ftr-463	217	64	merger	merger	NOUN
ftr-463	217	65	and	and	CCONJ
ftr-463	217	66	consolidation	consolidation	NOUN
ftr-463	217	67	statutes	statute	NOUN
ftr-463	217	68	]	]	PUNCT
ftr-463	217	69	has	have	AUX
ftr-463	217	70	been	be	AUX
ftr-463	217	71	to	to	PART
ftr-463	217	72	continue	continue	VERB
ftr-463	217	73	the	the	DET
ftr-463	217	74	interests	interest	NOUN
ftr-463	217	75	of	of	ADP
ftr-463	217	76	those	those	PRON
ftr-463	217	77	owning	own	VERB
ftr-463	217	78	enterprises	enterprise	NOUN
ftr-463	217	79	,	,	PUNCT
ftr-463	217	80	which	which	PRON
ftr-463	217	81	have	have	AUX
ftr-463	217	82	been	be	AUX
ftr-463	217	83	merged	merge	VERB
ftr-463	217	84	or	or	CCONJ
ftr-463	217	85	consolidated	consolidate	VERB
ftr-463	217	86	,	,	PUNCT
ftr-463	217	87	in	in	ADP
ftr-463	217	88	another	another	DET
ftr-463	217	89	corporate	corporate	ADJ
ftr-463	217	90	form	form	NOUN
ftr-463	217	91	,	,	PUNCT
ftr-463	217	92	"	"	PUNCT
ftr-463	217	93	'	'	PUNCT
ftr-463	217	94	the	the	DET
ftr-463	217	95	courts	court	NOUN
ftr-463	217	96	held	hold	VERB
ftr-463	217	97	that	that	SCONJ
ftr-463	217	98	an	an	DET
ftr-463	217	99	asset	asset	NOUN
ftr-463	217	100	transfer	transfer	NOUN
ftr-463	217	101	is	be	AUX
ftr-463	217	102	a	a	DET
ftr-463	217	103	reorganization	reorganization	NOUN
ftr-463	217	104	only	only	ADV
ftr-463	217	105	if	if	SCONJ
ftr-463	217	106	the	the	DET
ftr-463	217	107	target	target	NOUN
ftr-463	217	108	corporation	corporation	NOUN
ftr-463	217	109	receives	receive	VERB
ftr-463	217	110	consideration	consideration	NOUN
ftr-463	217	111	of	of	ADP
ftr-463	217	112	a	a	DET
ftr-463	217	113	type	type	NOUN
ftr-463	217	114	that	that	PRON
ftr-463	217	115	is	be	AUX
ftr-463	217	116	consistent	consistent	ADJ
ftr-463	217	117	with	with	ADP
ftr-463	217	118	statutory	statutory	ADJ
ftr-463	217	119	mergers	merger	NOUN
ftr-463	217	120	and	and	CCONJ
ftr-463	217	121	consolidations	consolidation	NOUN
ftr-463	217	122	(	(	PUNCT
ftr-463	217	123	i.e.	i.e.	X
ftr-463	217	124	,	,	PUNCT
ftr-463	217	125	stock	stock	NOUN
ftr-463	217	126	or	or	CCONJ
ftr-463	217	127	securities);2	securities);2	NOUN
ftr-463	217	128	'	'	PUNCT
ftr-463	217	129	otherwise	otherwise	ADV
ftr-463	217	130	,	,	PUNCT
ftr-463	217	131	the	the	DET
ftr-463	217	132	transfer	transfer	NOUN
ftr-463	217	133	is	be	AUX
ftr-463	217	134	indistinguishable	indistinguishable	ADJ
ftr-463	217	135	from	from	ADP
ftr-463	217	136	a	a	DET
ftr-463	217	137	mere	mere	ADJ
ftr-463	217	138	sale	sale	NOUN
ftr-463	217	139	.	.	PUNCT
ftr-463	218	1	it	it	PRON
ftr-463	218	2	is	be	AUX
ftr-463	218	3	this	this	DET
ftr-463	218	4	second	second	ADJ
ftr-463	218	5	rationale	rationale	NOUN
ftr-463	218	6	for	for	ADP
ftr-463	218	7	denying	deny	VERB
ftr-463	218	8	reorganization	reorganization	NOUN
ftr-463	218	9	treatment	treatment	NOUN
ftr-463	218	10	that	that	PRON
ftr-463	218	11	became	became	AUX
ftr-463	218	12	known	know	VERB
ftr-463	218	13	as	as	ADP
ftr-463	218	14	the	the	DET
ftr-463	218	15	continuity	continuity	NOUN
ftr-463	218	16	of	of	ADP
ftr-463	218	17	interest	interest	NOUN
ftr-463	218	18	doctrine	doctrine	NOUN
ftr-463	218	19	.	.	PUNCT
ftr-463	219	1	the	the	DET
ftr-463	219	2	pinellas	pinellas	PROPN
ftr-463	219	3	and	and	CCONJ
ftr-463	219	4	cortland	cortland	PROPN
ftr-463	219	5	courts	court	NOUN
ftr-463	219	6	nicely	nicely	ADV
ftr-463	219	7	wove	wove	VERB
ftr-463	219	8	the	the	DET
ftr-463	219	9	"	"	PUNCT
ftr-463	219	10	stock	stock	NOUN
ftr-463	219	11	or	or	CCONJ
ftr-463	219	12	securities	security	NOUN
ftr-463	219	13	"	"	PUNCT
ftr-463	219	14	requirement	requirement	NOUN
ftr-463	219	15	of	of	ADP
ftr-463	219	16	the	the	DET
ftr-463	219	17	statute	statute	NOUN
ftr-463	219	18	into	into	ADP
ftr-463	219	19	the	the	DET
ftr-463	219	20	continuity	continuity	NOUN
ftr-463	219	21	-	-	PUNCT
ftr-463	219	22	based	base	VERB
ftr-463	219	23	distinction	distinction	NOUN
ftr-463	219	24	between	between	ADP
ftr-463	219	25	a	a	DET
ftr-463	219	26	merger	merger	NOUN
ftr-463	219	27	-	-	PUNCT
ftr-463	219	28	like	like	ADJ
ftr-463	219	29	reorganization	reorganization	NOUN
ftr-463	219	30	and	and	CCONJ
ftr-463	219	31	a	a	DET
ftr-463	219	32	taxable	taxable	ADJ
ftr-463	219	33	asset	asset	NOUN
ftr-463	219	34	sale	sale	NOUN
ftr-463	219	35	.	.	PUNCT
ftr-463	220	1	thus	thus	ADV
ftr-463	220	2	,	,	PUNCT
ftr-463	220	3	the	the	DET
ftr-463	220	4	c7ortland	c7ortland	NOUN
ftr-463	220	5	court	court	NOUN
ftr-463	220	6	suggested	suggest	VERB
ftr-463	220	7	that	that	SCONJ
ftr-463	220	8	reorganization	reorganization	NOUN
ftr-463	220	9	treatment	treatment	NOUN
ftr-463	220	10	might	might	AUX
ftr-463	220	11	have	have	AUX
ftr-463	220	12	been	be	AUX
ftr-463	220	13	available	available	ADJ
ftr-463	220	14	had	have	VERB
ftr-463	220	15	the	the	DET
ftr-463	220	16	consideration	consideration	NOUN
ftr-463	220	17	received	receive	VERB
ftr-463	220	18	by	by	ADP
ftr-463	220	19	the	the	DET
ftr-463	220	20	target	target	NOUN
ftr-463	220	21	been	be	AUX
ftr-463	220	22	"	"	PUNCT
ftr-463	220	23	securities	security	NOUN
ftr-463	220	24	,	,	PUNCT
ftr-463	220	25	'	'	PUNCT
ftr-463	220	26	though	though	SCONJ
ftr-463	220	27	not	not	PART
ftr-463	220	28	stock	stock	VERB
ftr-463	220	29	,	,	PUNCT
ftr-463	220	30	[	[	X
ftr-463	220	31	that	that	PRON
ftr-463	220	32	]	]	PUNCT
ftr-463	220	33	created	create	VERB
ftr-463	220	34	such	such	ADJ
ftr-463	220	35	obligations	obligation	NOUN
ftr-463	220	36	as	as	SCONJ
ftr-463	220	37	to	to	PART
ftr-463	220	38	give	give	VERB
ftr-463	220	39	creditors	creditor	NOUN
ftr-463	220	40	or	or	CCONJ
ftr-463	220	41	others	other	NOUN
ftr-463	220	42	some	some	DET
ftr-463	220	43	assured	assured	ADJ
ftr-463	220	44	participation	participation	NOUN
ftr-463	220	45	in	in	ADP
ftr-463	220	46	the	the	DET
ftr-463	220	47	properties	property	NOUN
ftr-463	220	48	of	of	ADP
ftr-463	220	49	the	the	DET
ftr-463	220	50	transferee	transferee	PROPN
ftr-463	220	51	corporation,"2	corporation,"2	NOUN
ftr-463	220	52	'	'	PART
ftr-463	220	53	6	6	NUM
ftr-463	220	54	and	and	CCONJ
ftr-463	220	55	the	the	DET
ftr-463	220	56	supreme	supreme	PROPN
ftr-463	220	57	court	court	PROPN
ftr-463	220	58	in	in	ADP
ftr-463	220	59	pinellas	pinellas	PROPN
ftr-463	220	60	noted	note	VERB
ftr-463	220	61	that	that	SCONJ
ftr-463	220	62	cortland	cortland	PROPN
ftr-463	220	63	's	's	PART
ftr-463	220	64	interpretation	interpretation	NOUN
ftr-463	220	65	"	"	PUNCT
ftr-463	220	66	harmonizes	harmonize	VERB
ftr-463	220	67	with	with	ADP
ftr-463	220	68	the	the	DET
ftr-463	220	69	underlying	underlie	VERB
ftr-463	220	70	purposes	purpose	NOUN
ftr-463	220	71	of	of	ADP
ftr-463	220	72	the	the	DET
ftr-463	220	73	provisions	provision	NOUN
ftr-463	220	74	in	in	ADP
ftr-463	220	75	respect	respect	NOUN
ftr-463	220	76	of	of	ADP
ftr-463	220	77	exemptions	exemption	NOUN
ftr-463	220	78	and	and	CCONJ
ftr-463	220	79	gives	give	VERB
ftr-463	220	80	some	some	DET
ftr-463	220	81	effect	effect	NOUN
ftr-463	220	82	to	to	ADP
ftr-463	220	83	all	all	DET
ftr-463	220	84	the	the	DET
ftr-463	220	85	words	word	NOUN
ftr-463	220	86	employed	employ	VERB
ftr-463	220	87	.	.	PUNCT
ftr-463	221	1	"'this	"'this	PROPN
ftr-463	221	2	interdependency	interdependency	NOUN
ftr-463	221	3	between	between	ADP
ftr-463	221	4	the	the	DET
ftr-463	221	5	reorganization	reorganization	NOUN
ftr-463	221	6	definition	definition	NOUN
ftr-463	221	7	and	and	CCONJ
ftr-463	221	8	the	the	DET
ftr-463	221	9	stock	stock	NOUN
ftr-463	221	10	or	or	CCONJ
ftr-463	221	11	securities	security	NOUN
ftr-463	221	12	22	22	NUM
ftr-463	221	13	.	.	PUNCT
ftr-463	222	1	see	see	VERB
ftr-463	222	2	also	also	ADV
ftr-463	222	3	le	le	PROPN
ftr-463	222	4	tulle	tulle	PROPN
ftr-463	222	5	v.	v.	PROPN
ftr-463	222	6	scofield	scofield	PROPN
ftr-463	222	7	,	,	PUNCT
ftr-463	222	8	308	308	NUM
ftr-463	222	9	u.s	u.s	PROPN
ftr-463	222	10	.	.	PROPN
ftr-463	222	11	415	415	NUM
ftr-463	222	12	,	,	PUNCT
ftr-463	222	13	420	420	NUM
ftr-463	222	14	(	(	PUNCT
ftr-463	222	15	1940	1940	NUM
ftr-463	222	16	)	)	PUNCT
ftr-463	222	17	(	(	PUNCT
ftr-463	222	18	"	"	PUNCT
ftr-463	222	19	the	the	DET
ftr-463	222	20	section	section	NOUN
ftr-463	222	21	is	be	AUX
ftr-463	222	22	not	not	PART
ftr-463	222	23	to	to	PART
ftr-463	222	24	be	be	AUX
ftr-463	222	25	read	read	VERB
ftr-463	222	26	literally	literally	ADV
ftr-463	222	27	,	,	PUNCT
ftr-463	222	28	as	as	ADP
ftr-463	222	29	denominating	denominate	VERB
ftr-463	222	30	the	the	DET
ftr-463	222	31	transfer	transfer	NOUN
ftr-463	222	32	of	of	ADP
ftr-463	222	33	all	all	DET
ftr-463	222	34	the	the	DET
ftr-463	222	35	assets	asset	NOUN
ftr-463	222	36	of	of	ADP
ftr-463	222	37	one	one	NUM
ftr-463	222	38	company	company	NOUN
ftr-463	222	39	for	for	ADP
ftr-463	222	40	what	what	PRON
ftr-463	222	41	amounts	amount	VERB
ftr-463	222	42	to	to	ADP
ftr-463	222	43	a	a	DET
ftr-463	222	44	cash	cash	NOUN
ftr-463	222	45	consideration	consideration	NOUN
ftr-463	222	46	given	give	VERB
ftr-463	222	47	by	by	ADP
ftr-463	222	48	the	the	DET
ftr-463	222	49	other	other	ADJ
ftr-463	222	50	a	a	DET
ftr-463	222	51	reorganization	reorganization	NOUN
ftr-463	222	52	"	"	PUNCT
ftr-463	222	53	)	)	PUNCT
ftr-463	222	54	.	.	PUNCT
ftr-463	223	1	23	23	NUM
ftr-463	223	2	.	.	X
ftr-463	224	1	cortland	cortland	PROPN
ftr-463	224	2	,	,	PUNCT
ftr-463	224	3	60	60	NUM
ftr-463	224	4	f.2d	f.2d	X
ftr-463	224	5	at	at	ADP
ftr-463	224	6	939	939	NUM
ftr-463	224	7	.	.	PUNCT
ftr-463	225	1	24	24	NUM
ftr-463	225	2	.	.	PUNCT
ftr-463	226	1	see	see	VERB
ftr-463	226	2	i	i	PRON
ftr-463	226	3	d.	d.	PROPN
ftr-463	226	4	at	at	ADP
ftr-463	226	5	939	939	NUM
ftr-463	226	6	-	-	SYM
ftr-463	226	7	40	40	NUM
ftr-463	226	8	;	;	PUNCT
ftr-463	227	1	pinellas	pinella	NOUN
ftr-463	227	2	,	,	PUNCT
ftr-463	227	3	287	287	NUM
ftr-463	227	4	u.s	u.s	PROPN
ftr-463	227	5	.	.	PROPN
ftr-463	227	6	at	at	ADP
ftr-463	227	7	469	469	NUM
ftr-463	227	8	-	-	SYM
ftr-463	227	9	70	70	NUM
ftr-463	227	10	(	(	PUNCT
ftr-463	227	11	citing	cite	VERB
ftr-463	227	12	cortland	cortland	PROPN
ftr-463	227	13	,	,	PUNCT
ftr-463	227	14	60	60	NUM
ftr-463	227	15	f.2d	f.2d	X
ftr-463	227	16	at	at	ADP
ftr-463	227	17	937	937	NUM
ftr-463	227	18	,	,	PUNCT
ftr-463	227	19	939	939	NUM
ftr-463	227	20	,	,	PUNCT
ftr-463	227	21	940	940	NUM
ftr-463	227	22	)	)	PUNCT
ftr-463	227	23	.	.	PUNCT
ftr-463	228	1	25	25	NUM
ftr-463	228	2	.	.	PUNCT
ftr-463	228	3	had	have	VERB
ftr-463	228	4	the	the	DET
ftr-463	228	5	taxpayers	taxpayer	NOUN
ftr-463	228	6	in	in	ADP
ftr-463	228	7	pinellas	pinellas	PROPN
ftr-463	228	8	,	,	PUNCT
ftr-463	228	9	cortland	cortland	PROPN
ftr-463	228	10	.	.	PUNCT
ftr-463	229	1	and	and	CCONJ
ftr-463	229	2	the	the	DET
ftr-463	229	3	other	other	ADJ
ftr-463	229	4	early	early	ADJ
ftr-463	229	5	continuity	continuity	NOUN
ftr-463	229	6	cases	case	NOUN
ftr-463	229	7	consulted	consult	VERB
ftr-463	229	8	a	a	DET
ftr-463	229	9	sufficiently	sufficiently	ADV
ftr-463	229	10	wily	wily	ADJ
ftr-463	229	11	tax	tax	NOUN
ftr-463	229	12	advisor	advisor	NOUN
ftr-463	229	13	before	before	ADP
ftr-463	229	14	embarking	embark	VERB
ftr-463	229	15	on	on	ADP
ftr-463	229	16	their	their	PRON
ftr-463	229	17	respective	respective	ADJ
ftr-463	229	18	transactions	transaction	NOUN
ftr-463	229	19	,	,	PUNCT
ftr-463	229	20	their	their	PRON
ftr-463	229	21	problems	problem	NOUN
ftr-463	229	22	could	could	AUX
ftr-463	229	23	have	have	AUX
ftr-463	229	24	been	be	AUX
ftr-463	229	25	ameliorated	ameliorate	VERB
ftr-463	229	26	by	by	ADP
ftr-463	229	27	first	first	ADV
ftr-463	229	28	liquidating	liquidate	VERB
ftr-463	229	29	the	the	DET
ftr-463	229	30	target	target	NOUN
ftr-463	229	31	by	by	ADP
ftr-463	229	32	distributing	distribute	VERB
ftr-463	229	33	its	its	PRON
ftr-463	229	34	assets	asset	NOUN
ftr-463	229	35	to	to	ADP
ftr-463	229	36	its	its	PRON
ftr-463	229	37	shareholders	shareholder	NOUN
ftr-463	229	38	and	and	CCONJ
ftr-463	229	39	then	then	ADV
ftr-463	229	40	having	have	VERB
ftr-463	229	41	the	the	DET
ftr-463	229	42	shareholders	shareholder	NOUN
ftr-463	229	43	sell	sell	VERB
ftr-463	229	44	the	the	DET
ftr-463	229	45	assets	asset	NOUN
ftr-463	229	46	.	.	PUNCT
ftr-463	230	1	under	under	ADP
ftr-463	230	2	regulations	regulation	NOUN
ftr-463	230	3	dating	date	VERB
ftr-463	230	4	back	back	ADV
ftr-463	230	5	to	to	ADP
ftr-463	230	6	the	the	DET
ftr-463	230	7	1918	1918	NUM
ftr-463	230	8	act	act	NOUN
ftr-463	230	9	,	,	PUNCT
ftr-463	230	10	in	in	ADP
ftr-463	230	11	kind	kind	ADJ
ftr-463	230	12	liquidating	liquidating	NOUN
ftr-463	230	13	distributions	distribution	NOUN
ftr-463	230	14	were	be	AUX
ftr-463	230	15	tax	tax	NOUN
ftr-463	230	16	-	-	PUNCT
ftr-463	230	17	free	free	ADJ
ftr-463	230	18	to	to	ADP
ftr-463	230	19	the	the	DET
ftr-463	230	20	dissolving	dissolve	VERB
ftr-463	230	21	company	company	NOUN
ftr-463	230	22	.	.	PUNCT
ftr-463	231	1	see	see	VERB
ftr-463	231	2	regs	reg	NOUN
ftr-463	231	3	.	.	PUNCT
ftr-463	232	1	69	69	NUM
ftr-463	232	2	,	,	PUNCT
ftr-463	232	3	art	art	NOUN
ftr-463	232	4	.	.	PUNCT
ftr-463	233	1	548	548	NUM
ftr-463	233	2	(	(	PUNCT
ftr-463	233	3	1926	1926	NUM
ftr-463	233	4	)	)	PUNCT
ftr-463	233	5	;	;	PUNCT
ftr-463	234	1	regs	reg	NOUN
ftr-463	234	2	.	.	PUNCT
ftr-463	235	1	45	45	NUM
ftr-463	235	2	,	,	PUNCT
ftr-463	235	3	art	art	NOUN
ftr-463	235	4	.	.	PUNCT
ftr-463	236	1	547	547	NUM
ftr-463	236	2	(	(	PUNCT
ftr-463	236	3	1918	1918	NUM
ftr-463	236	4	):	):	PUNCT
ftr-463	236	5	hellebush	hellebush	NOUN
ftr-463	236	6	v.	v.	ADP
ftr-463	236	7	commissioner	commissioner	NOUN
ftr-463	236	8	,	,	PUNCT
ftr-463	236	9	24	24	NUM
ftr-463	236	10	b.t.a	b.t.a	NOUN
ftr-463	236	11	.	.	PROPN
ftr-463	236	12	660	660	NUM
ftr-463	236	13	,	,	PUNCT
ftr-463	236	14	667	667	NUM
ftr-463	236	15	(	(	PUNCT
ftr-463	236	16	1931	1931	NUM
ftr-463	236	17	)	)	PUNCT
ftr-463	236	18	,	,	PUNCT
ftr-463	236	19	aff'd	aff'd	NOUN
ftr-463	236	20	,	,	PUNCT
ftr-463	236	21	65	65	NUM
ftr-463	236	22	f.2d	f.2d	NOUN
ftr-463	236	23	902	902	NUM
ftr-463	236	24	(	(	PUNCT
ftr-463	236	25	6th	6th	ADJ
ftr-463	236	26	cir	cir	NOUN
ftr-463	236	27	.	.	PUNCT
ftr-463	236	28	1933	1933	NUM
ftr-463	236	29	)	)	PUNCT
ftr-463	236	30	.	.	PUNCT
ftr-463	237	1	the	the	DET
ftr-463	237	2	shareholders	shareholder	NOUN
ftr-463	237	3	would	would	AUX
ftr-463	237	4	have	have	AUX
ftr-463	237	5	been	be	AUX
ftr-463	237	6	taxed	tax	VERB
ftr-463	237	7	on	on	ADP
ftr-463	237	8	the	the	DET
ftr-463	237	9	liquidating	liquidating	NOUN
ftr-463	237	10	distribution	distribution	NOUN
ftr-463	237	11	,	,	PUNCT
ftr-463	237	12	but	but	CCONJ
ftr-463	237	13	this	this	PRON
ftr-463	237	14	would	would	AUX
ftr-463	237	15	not	not	PART
ftr-463	237	16	have	have	AUX
ftr-463	237	17	been	be	AUX
ftr-463	237	18	a	a	DET
ftr-463	237	19	significant	significant	ADJ
ftr-463	237	20	acceleration	acceleration	NOUN
ftr-463	237	21	of	of	ADP
ftr-463	237	22	the	the	DET
ftr-463	237	23	income	income	NOUN
ftr-463	237	24	they	they	PRON
ftr-463	237	25	recognized	recognize	VERB
ftr-463	237	26	upon	upon	SCONJ
ftr-463	237	27	the	the	DET
ftr-463	237	28	maturity	maturity	NOUN
ftr-463	237	29	of	of	ADP
ftr-463	237	30	the	the	DET
ftr-463	237	31	short	short	ADJ
ftr-463	237	32	-	-	PUNCT
ftr-463	237	33	term	term	NOUN
ftr-463	237	34	debt	debt	NOUN
ftr-463	237	35	obligations	obligation	NOUN
ftr-463	237	36	.	.	PUNCT
ftr-463	238	1	see	see	VERB
ftr-463	238	2	koppers	koppers	PROPN
ftr-463	238	3	coal	coal	PROPN
ftr-463	238	4	co.	co.	PROPN
ftr-463	238	5	v.	v.	PROPN
ftr-463	238	6	commissioner	commissioner	PROPN
ftr-463	238	7	,	,	PUNCT
ftr-463	238	8	6	6	NUM
ftr-463	238	9	t.c	t.c	PROPN
ftr-463	238	10	.	.	PROPN
ftr-463	238	11	1209	1209	NUM
ftr-463	238	12	(	(	PUNCT
ftr-463	238	13	1946	1946	NUM
ftr-463	238	14	)	)	PUNCT
ftr-463	238	15	.	.	PUNCT
ftr-463	239	1	section	section	NOUN
ftr-463	239	2	337	337	NUM
ftr-463	239	3	of	of	ADP
ftr-463	239	4	the	the	DET
ftr-463	239	5	1954	1954	NUM
ftr-463	239	6	code	code	NOUN
ftr-463	239	7	effectively	effectively	ADV
ftr-463	239	8	overruled	overrule	VERB
ftr-463	239	9	cortland	cortland	PROPN
ftr-463	239	10	and	and	CCONJ
ftr-463	239	11	pinellas	pinellas	PROPN
ftr-463	239	12	by	by	ADP
ftr-463	239	13	permitting	permit	VERB
ftr-463	239	14	a	a	DET
ftr-463	239	15	tax	tax	NOUN
ftr-463	239	16	-	-	PUNCT
ftr-463	239	17	free	free	ADJ
ftr-463	239	18	sale	sale	NOUN
ftr-463	239	19	of	of	ADP
ftr-463	239	20	assets	asset	NOUN
ftr-463	239	21	prior	prior	ADV
ftr-463	239	22	to	to	ADP
ftr-463	239	23	a	a	DET
ftr-463	239	24	liquidation	liquidation	NOUN
ftr-463	239	25	.	.	PUNCT
ftr-463	240	1	it	it	PRON
ftr-463	240	2	was	be	AUX
ftr-463	240	3	not	not	PART
ftr-463	240	4	until	until	SCONJ
ftr-463	240	5	general	general	ADJ
ftr-463	240	6	utilities	utility	NOUN
ftr-463	240	7	was	be	AUX
ftr-463	240	8	repealed	repeal	VERB
ftr-463	240	9	in	in	ADP
ftr-463	240	10	1986	1986	NUM
ftr-463	240	11	that	that	SCONJ
ftr-463	240	12	cortland	cortland	PROPN
ftr-463	240	13	and	and	CCONJ
ftr-463	240	14	pinellas	pinellas	PROPN
ftr-463	240	15	were	be	AUX
ftr-463	240	16	restored	restore	VERB
ftr-463	240	17	as	as	ADP
ftr-463	240	18	good	good	ADJ
ftr-463	240	19	substantive	substantive	ADJ
ftr-463	240	20	law	law	NOUN
ftr-463	240	21	.	.	PUNCT
ftr-463	241	1	26	26	NUM
ftr-463	241	2	.	.	PUNCT
ftr-463	241	3	cortland	cortland	PROPN
ftr-463	241	4	,	,	PUNCT
ftr-463	241	5	60	60	NUM
ftr-463	241	6	f.2d	f.2d	X
ftr-463	241	7	at	at	ADP
ftr-463	241	8	940	940	NUM
ftr-463	241	9	.	.	PUNCT
ftr-463	241	10	27	27	NUM
ftr-463	241	11	.	.	PUNCT
ftr-463	242	1	pinellas	pinellas	PROPN
ftr-463	242	2	,	,	PUNCT
ftr-463	242	3	287	287	NUM
ftr-463	242	4	u.s	u.s	PROPN
ftr-463	242	5	.	.	PROPN
ftr-463	242	6	at	at	ADP
ftr-463	242	7	470	470	NUM
ftr-463	242	8	.	.	PUNCT
ftr-463	243	1	florida	florida	PROPN
ftr-463	243	2	tax	tax	PROPN
ftr-463	243	3	review	review	NOUN
ftr-463	243	4	requirement	requirement	NOUN
ftr-463	243	5	was	be	AUX
ftr-463	243	6	later	later	ADV
ftr-463	243	7	(	(	PUNCT
ftr-463	243	8	and	and	CCONJ
ftr-463	243	9	still	still	ADV
ftr-463	243	10	remains	remain	VERB
ftr-463	243	11	in	in	ADP
ftr-463	243	12	part	part	NOUN
ftr-463	243	13	)	)	PUNCT
ftr-463	243	14	reflected	reflect	VERB
ftr-463	243	15	in	in	ADP
ftr-463	243	16	the	the	DET
ftr-463	243	17	regulations28	regulations28	NOUN
ftr-463	243	18	and	and	CCONJ
ftr-463	243	19	was	be	AUX
ftr-463	243	20	maintained	maintain	VERB
ftr-463	243	21	by	by	ADP
ftr-463	243	22	case	case	NOUN
ftr-463	243	23	law	law	NOUN
ftr-463	243	24	through	through	ADP
ftr-463	243	25	1939	1939	NUM
ftr-463	243	26	,	,	PUNCT
ftr-463	243	27	when	when	SCONJ
ftr-463	243	28	the	the	DET
ftr-463	243	29	second	second	ADJ
ftr-463	243	30	circuit	circuit	NOUN
ftr-463	243	31	held	hold	VERB
ftr-463	243	32	in	in	ADP
ftr-463	243	33	commissioner	commissioner	PROPN
ftr-463	243	34	v.	v.	ADP
ftr-463	243	35	tyng29	tyng29	PROPN
ftr-463	243	36	that	that	PRON
ftr-463	243	37	because	because	SCONJ
ftr-463	243	38	20and	20and	ADJ
ftr-463	243	39	40	40	NUM
ftr-463	243	40	-	-	PUNCT
ftr-463	243	41	year	year	NOUN
ftr-463	243	42	convertible	convertible	ADJ
ftr-463	243	43	bonds	bond	NOUN
ftr-463	243	44	were	be	AUX
ftr-463	243	45	clearly	clearly	ADV
ftr-463	243	46	"	"	PUNCT
ftr-463	243	47	securities	security	NOUN
ftr-463	243	48	,	,	PUNCT
ftr-463	243	49	"	"	PUNCT
ftr-463	243	50	the	the	DET
ftr-463	243	51	transaction	transaction	NOUN
ftr-463	243	52	necessarily	necessarily	ADV
ftr-463	243	53	satisfied	satisfy	VERB
ftr-463	243	54	the	the	DET
ftr-463	243	55	continuity	continuity	NOUN
ftr-463	243	56	of	of	ADP
ftr-463	243	57	interest	interest	NOUN
ftr-463	243	58	requirement	requirement	NOUN
ftr-463	243	59	for	for	ADP
ftr-463	243	60	tax	tax	NOUN
ftr-463	243	61	-	-	PUNCT
ftr-463	243	62	free	free	ADJ
ftr-463	243	63	treatment	treatment	NOUN
ftr-463	243	64	under	under	ADP
ftr-463	243	65	the	the	DET
ftr-463	243	66	1928	1928	NUM
ftr-463	243	67	act	act	NOUN
ftr-463	243	68	.	.	PUNCT
ftr-463	244	1	30	30	NUM
ftr-463	244	2	the	the	DET
ftr-463	244	3	cortland	cortland	PROPN
ftr-463	244	4	and	and	CCONJ
ftr-463	244	5	pinellas	pinellas	PROPN
ftr-463	244	6	courts	court	NOUN
ftr-463	244	7	,	,	PUNCT
ftr-463	244	8	having	having	AUX
ftr-463	244	9	decided	decide	VERB
ftr-463	244	10	that	that	SCONJ
ftr-463	244	11	the	the	DET
ftr-463	244	12	transactions	transaction	NOUN
ftr-463	244	13	at	at	ADP
ftr-463	244	14	issue	issue	NOUN
ftr-463	244	15	failed	fail	VERB
ftr-463	244	16	to	to	PART
ftr-463	244	17	qualify	qualify	VERB
ftr-463	244	18	as	as	ADP
ftr-463	244	19	reorganizations	reorganization	NOUN
ftr-463	244	20	because	because	SCONJ
ftr-463	244	21	the	the	DET
ftr-463	244	22	consideration	consideration	NOUN
ftr-463	244	23	failed	fail	VERB
ftr-463	244	24	to	to	PART
ftr-463	244	25	include	include	VERB
ftr-463	244	26	any	any	DET
ftr-463	244	27	stock	stock	NOUN
ftr-463	244	28	or	or	CCONJ
ftr-463	244	29	securities	security	NOUN
ftr-463	244	30	of	of	ADP
ftr-463	244	31	the	the	DET
ftr-463	244	32	acquiror	acquiror	NOUN
ftr-463	244	33	,	,	PUNCT
ftr-463	244	34	left	leave	VERB
ftr-463	244	35	open	open	ADJ
ftr-463	244	36	the	the	DET
ftr-463	244	37	question	question	NOUN
ftr-463	244	38	of	of	ADP
ftr-463	244	39	whether	whether	SCONJ
ftr-463	244	40	any	any	DET
ftr-463	244	41	specific	specific	ADJ
ftr-463	244	42	quantity	quantity	NOUN
ftr-463	244	43	of	of	ADP
ftr-463	244	44	acquiror	acquiror	NOUN
ftr-463	244	45	's	's	PART
ftr-463	244	46	stock	stock	NOUN
ftr-463	244	47	or	or	CCONJ
ftr-463	244	48	securities	security	NOUN
ftr-463	244	49	must	must	AUX
ftr-463	244	50	be	be	AUX
ftr-463	244	51	received	receive	VERB
ftr-463	244	52	by	by	ADP
ftr-463	244	53	the	the	DET
ftr-463	244	54	target	target	NOUN
ftr-463	244	55	.	.	PUNCT
ftr-463	245	1	contemporaneous	contemporaneous	ADJ
ftr-463	245	2	commentators	commentator	NOUN
ftr-463	245	3	assumed	assume	VERB
ftr-463	245	4	that	that	SCONJ
ftr-463	245	5	"	"	PUNCT
ftr-463	245	6	[	[	X
ftr-463	245	7	tihe	tihe	ADJ
ftr-463	245	8	issuance	issuance	NOUN
ftr-463	245	9	of	of	ADP
ftr-463	245	10	any	any	DET
ftr-463	245	11	substantial	substantial	ADJ
ftr-463	245	12	amount	amount	NOUN
ftr-463	245	13	of	of	ADP
ftr-463	245	14	stock	stock	NOUN
ftr-463	245	15	or	or	CCONJ
ftr-463	245	16	securities	security	NOUN
ftr-463	245	17	should	should	AUX
ftr-463	245	18	be	be	AUX
ftr-463	245	19	sufficient	sufficient	ADJ
ftr-463	245	20	to	to	PART
ftr-463	245	21	bring	bring	VERB
ftr-463	245	22	the	the	DET
ftr-463	245	23	transaction	transaction	NOUN
ftr-463	245	24	within	within	ADP
ftr-463	245	25	the	the	DET
ftr-463	245	26	parenthetical	parenthetical	ADJ
ftr-463	245	27	language	language	NOUN
ftr-463	245	28	.	.	PUNCT
ftr-463	245	29	"	"	PUNCT
ftr-463	246	1	3	3	X
ftr-463	246	2	'	'	PUNCT
ftr-463	246	3	c.	c.	NOUN
ftr-463	246	4	the	the	DET
ftr-463	246	5	statutory	statutory	ADJ
ftr-463	246	6	continuity	continuity	NOUN
ftr-463	246	7	of	of	ADP
ftr-463	246	8	interest	interest	NOUN
ftr-463	246	9	doctrine	doctrine	NOUN
ftr-463	246	10	in	in	ADP
ftr-463	246	11	1933	1933	NUM
ftr-463	246	12	,	,	PUNCT
ftr-463	246	13	following	follow	VERB
ftr-463	246	14	the	the	DET
ftr-463	246	15	cortland	cortland	PROPN
ftr-463	246	16	and	and	CCONJ
ftr-463	246	17	pinellas	pinellas	PROPN
ftr-463	246	18	decisions	decision	NOUN
ftr-463	246	19	and	and	CCONJ
ftr-463	246	20	facing	face	VERB
ftr-463	246	21	the	the	DET
ftr-463	246	22	prospect	prospect	NOUN
ftr-463	246	23	that	that	SCONJ
ftr-463	246	24	the	the	DET
ftr-463	246	25	existing	exist	VERB
ftr-463	246	26	definition	definition	NOUN
ftr-463	246	27	of	of	ADP
ftr-463	246	28	reorganization	reorganization	NOUN
ftr-463	246	29	might	might	AUX
ftr-463	246	30	nevertheless	nevertheless	ADV
ftr-463	246	31	permit	permit	VERB
ftr-463	246	32	corporate	corporate	ADJ
ftr-463	246	33	taxpayers	taxpayer	NOUN
ftr-463	246	34	to	to	PART
ftr-463	246	35	claim	claim	VERB
ftr-463	246	36	tax	tax	NOUN
ftr-463	246	37	-	-	PUNCT
ftr-463	246	38	free	free	ADJ
ftr-463	246	39	treatment	treatment	NOUN
ftr-463	246	40	on	on	ADP
ftr-463	246	41	a	a	DET
ftr-463	246	42	sale	sale	NOUN
ftr-463	246	43	of	of	ADP
ftr-463	246	44	assets	asset	NOUN
ftr-463	246	45	for	for	ADP
ftr-463	246	46	short	short	ADJ
ftr-463	246	47	-	-	PUNCT
ftr-463	246	48	term	term	NOUN
ftr-463	246	49	debt	debt	NOUN
ftr-463	246	50	instruments	instrument	NOUN
ftr-463	246	51	,	,	PUNCT
ftr-463	246	52	a	a	DET
ftr-463	246	53	subcommittee	subcommittee	NOUN
ftr-463	246	54	of	of	ADP
ftr-463	246	55	the	the	DET
ftr-463	246	56	house	house	NOUN
ftr-463	246	57	ways	way	NOUN
ftr-463	246	58	and	and	CCONJ
ftr-463	246	59	means	mean	VERB
ftr-463	246	60	committee	committee	NOUN
ftr-463	246	61	recommended	recommend	VERB
ftr-463	246	62	a	a	DET
ftr-463	246	63	wholesale	wholesale	ADJ
ftr-463	246	64	repeal	repeal	NOUN
ftr-463	246	65	of	of	ADP
ftr-463	246	66	the	the	DET
ftr-463	246	67	tax	tax	NOUN
ftr-463	246	68	-	-	PUNCT
ftr-463	246	69	free	free	ADJ
ftr-463	246	70	reorganization	reorganization	NOUN
ftr-463	246	71	provisions	provision	NOUN
ftr-463	246	72	until	until	SCONJ
ftr-463	246	73	"	"	PUNCT
ftr-463	246	74	a	a	DET
ftr-463	246	75	more	more	ADV
ftr-463	246	76	desirable	desirable	ADJ
ftr-463	246	77	method	method	NOUN
ftr-463	246	78	of	of	ADP
ftr-463	246	79	treatment	treatment	NOUN
ftr-463	246	80	could	could	AUX
ftr-463	246	81	be	be	AUX
ftr-463	246	82	built	build	VERB
ftr-463	246	83	up	up	ADP
ftr-463	246	84	.	.	PUNCT
ftr-463	247	1	"32	"32	PROPN
ftr-463	247	2	the	the	DET
ftr-463	247	3	treasury	treasury	NOUN
ftr-463	247	4	opposed	oppose	VERB
ftr-463	247	5	the	the	DET
ftr-463	247	6	repeal	repeal	NOUN
ftr-463	247	7	on	on	ADP
ftr-463	247	8	the	the	DET
ftr-463	247	9	grounds	ground	NOUN
ftr-463	247	10	that	that	SCONJ
ftr-463	247	11	tax	tax	NOUN
ftr-463	247	12	-	-	PUNCT
ftr-463	247	13	free	free	ADJ
ftr-463	247	14	treatment	treatment	NOUN
ftr-463	247	15	was	be	AUX
ftr-463	247	16	28	28	NUM
ftr-463	247	17	.	.	PUNCT
ftr-463	248	1	see	see	VERB
ftr-463	248	2	,	,	PUNCT
ftr-463	248	3	e.g.	e.g.	ADV
ftr-463	248	4	,	,	PUNCT
ftr-463	248	5	regs	reg	NOUN
ftr-463	248	6	.	.	PUNCT
ftr-463	249	1	101	101	NUM
ftr-463	249	2	,	,	PUNCT
ftr-463	249	3	§	§	PROPN
ftr-463	249	4	112(g)-i	112(g)-i	NUM
ftr-463	249	5	(	(	PUNCT
ftr-463	249	6	1934	1934	NUM
ftr-463	249	7	)	)	PUNCT
ftr-463	249	8	(	(	PUNCT
ftr-463	249	9	"	"	PUNCT
ftr-463	249	10	[	[	X
ftr-463	249	11	alccordingly	alccordingly	ADV
ftr-463	249	12	,	,	PUNCT
ftr-463	249	13	under	under	ADP
ftr-463	249	14	the	the	DET
ftr-463	249	15	act	act	NOUN
ftr-463	249	16	,	,	PUNCT
ftr-463	249	17	a	a	DET
ftr-463	249	18	shortterm	shortterm	NOUN
ftr-463	249	19	purchase	purchase	NOUN
ftr-463	249	20	money	money	NOUN
ftr-463	249	21	note	note	NOUN
ftr-463	249	22	is	be	AUX
ftr-463	249	23	not	not	PART
ftr-463	249	24	a	a	DET
ftr-463	249	25	security	security	NOUN
ftr-463	249	26	of	of	ADP
ftr-463	249	27	a	a	DET
ftr-463	249	28	party	party	NOUN
ftr-463	249	29	to	to	ADP
ftr-463	249	30	a	a	DET
ftr-463	249	31	reorganization	reorganization	NOUN
ftr-463	249	32	,	,	PUNCT
ftr-463	249	33	.	.	PUNCT
ftr-463	249	34	.	.	PUNCT
ftr-463	250	1	.	.	PUNCT
ftr-463	251	1	and	and	CCONJ
ftr-463	251	2	a	a	DET
ftr-463	251	3	sale	sale	NOUN
ftr-463	251	4	is	be	AUX
ftr-463	251	5	nevertheless	nevertheless	ADV
ftr-463	251	6	to	to	PART
ftr-463	251	7	be	be	AUX
ftr-463	251	8	treated	treat	VERB
ftr-463	251	9	as	as	ADP
ftr-463	251	10	a	a	DET
ftr-463	251	11	sale	sale	NOUN
ftr-463	251	12	,	,	PUNCT
ftr-463	251	13	even	even	ADV
ftr-463	251	14	though	though	SCONJ
ftr-463	251	15	the	the	DET
ftr-463	251	16	mechanics	mechanic	NOUN
ftr-463	251	17	of	of	ADP
ftr-463	251	18	a	a	DET
ftr-463	251	19	reorganization	reorganization	NOUN
ftr-463	251	20	have	have	AUX
ftr-463	251	21	been	be	AUX
ftr-463	251	22	set	set	VERB
ftr-463	251	23	up	up	ADP
ftr-463	251	24	"	"	PUNCT
ftr-463	251	25	)	)	PUNCT
ftr-463	251	26	;	;	PUNCT
ftr-463	251	27	regs	reg	NOUN
ftr-463	251	28	.	.	PUNCT
ftr-463	252	1	§	§	PROPN
ftr-463	252	2	1.368	1.368	NUM
ftr-463	252	3	-	-	SYM
ftr-463	252	4	2(a	2(a	NUM
ftr-463	252	5	)	)	PUNCT
ftr-463	252	6	(	(	PUNCT
ftr-463	252	7	"	"	PUNCT
ftr-463	252	8	[	[	X
ftr-463	252	9	i]f	i]f	ADP
ftr-463	252	10	the	the	DET
ftr-463	252	11	properties	property	NOUN
ftr-463	252	12	are	be	AUX
ftr-463	252	13	transferred	transfer	VERB
ftr-463	252	14	for	for	ADP
ftr-463	252	15	cash	cash	NOUN
ftr-463	252	16	and	and	CCONJ
ftr-463	252	17	deferred	deferred	ADJ
ftr-463	252	18	payment	payment	NOUN
ftr-463	252	19	obligations	obligation	NOUN
ftr-463	252	20	of	of	ADP
ftr-463	252	21	the	the	DET
ftr-463	252	22	transferee	transferee	NOUN
ftr-463	252	23	evidenced	evidence	VERB
ftr-463	252	24	by	by	ADP
ftr-463	252	25	short	short	ADJ
ftr-463	252	26	-	-	PUNCT
ftr-463	252	27	term	term	NOUN
ftr-463	252	28	notes	note	NOUN
ftr-463	252	29	,	,	PUNCT
ftr-463	252	30	the	the	DET
ftr-463	252	31	transaction	transaction	NOUN
ftr-463	252	32	is	be	AUX
ftr-463	252	33	a	a	DET
ftr-463	252	34	sale	sale	NOUN
ftr-463	252	35	and	and	CCONJ
ftr-463	252	36	not	not	PART
ftr-463	252	37	an	an	DET
ftr-463	252	38	exchange	exchange	NOUN
ftr-463	252	39	in	in	ADP
ftr-463	252	40	which	which	DET
ftr-463	252	41	gain	gain	NOUN
ftr-463	252	42	or	or	CCONJ
ftr-463	252	43	loss	loss	NOUN
ftr-463	252	44	is	be	AUX
ftr-463	252	45	not	not	PART
ftr-463	252	46	recognized	recognize	VERB
ftr-463	252	47	"	"	PUNCT
ftr-463	252	48	)	)	PUNCT
ftr-463	252	49	.	.	PUNCT
ftr-463	253	1	29	29	NUM
ftr-463	253	2	.	.	NUM
ftr-463	253	3	106	106	NUM
ftr-463	253	4	f.2d	f.2d	SYM
ftr-463	253	5	55	55	NUM
ftr-463	253	6	(	(	PUNCT
ftr-463	253	7	2d	2d	NUM
ftr-463	253	8	cir	cir	NOUN
ftr-463	253	9	.	.	PUNCT
ftr-463	253	10	1939	1939	NUM
ftr-463	253	11	)	)	PUNCT
ftr-463	253	12	,	,	PUNCT
ftr-463	253	13	rev'd	rev'd	VERB
ftr-463	253	14	,	,	PUNCT
ftr-463	253	15	helvering	helvere	VERB
ftr-463	253	16	v.	v.	ADP
ftr-463	253	17	tyng	tyng	PROPN
ftr-463	253	18	,	,	PUNCT
ftr-463	253	19	308	308	NUM
ftr-463	253	20	u.s	u.s	PROPN
ftr-463	253	21	.	.	PROPN
ftr-463	253	22	527	527	NUM
ftr-463	253	23	(	(	PUNCT
ftr-463	253	24	1940	1940	NUM
ftr-463	253	25	)	)	PUNCT
ftr-463	253	26	.	.	PUNCT
ftr-463	254	1	see	see	VERB
ftr-463	254	2	infra	infra	NOUN
ftr-463	254	3	text	text	NOUN
ftr-463	254	4	accompanying	accompanying	ADJ
ftr-463	254	5	notes	note	NOUN
ftr-463	254	6	54	54	NUM
ftr-463	254	7	to	to	PART
ftr-463	254	8	58	58	NUM
ftr-463	254	9	,	,	PUNCT
ftr-463	254	10	which	which	PRON
ftr-463	254	11	discusses	discuss	VERB
ftr-463	254	12	how	how	SCONJ
ftr-463	254	13	the	the	DET
ftr-463	254	14	divorce	divorce	NOUN
ftr-463	254	15	of	of	ADP
ftr-463	254	16	the	the	DET
ftr-463	254	17	stock	stock	NOUN
ftr-463	254	18	or	or	CCONJ
ftr-463	254	19	securities	security	NOUN
ftr-463	254	20	requirement	requirement	NOUN
ftr-463	254	21	from	from	ADP
ftr-463	254	22	the	the	DET
ftr-463	254	23	judicial	judicial	ADJ
ftr-463	254	24	continuity	continuity	NOUN
ftr-463	254	25	of	of	ADP
ftr-463	254	26	interest	interest	NOUN
ftr-463	254	27	doctrine	doctrine	NOUN
ftr-463	254	28	under	under	ADP
ftr-463	254	29	pre-1934	pre-1934	NOUN
ftr-463	254	30	law	law	NOUN
ftr-463	254	31	was	be	AUX
ftr-463	254	32	a	a	DET
ftr-463	254	33	prelude	prelude	NOUN
ftr-463	254	34	to	to	ADP
ftr-463	254	35	the	the	DET
ftr-463	254	36	judicial	judicial	ADJ
ftr-463	254	37	resurrection	resurrection	NOUN
ftr-463	254	38	of	of	ADP
ftr-463	254	39	the	the	DET
ftr-463	254	40	doctrine	doctrine	NOUN
ftr-463	254	41	under	under	ADP
ftr-463	254	42	post-1934	post-1934	NOUN
ftr-463	254	43	law	law	NOUN
ftr-463	254	44	.	.	PUNCT
ftr-463	255	1	30	30	NUM
ftr-463	255	2	.	.	X
ftr-463	256	1	tyng	tyng	PROPN
ftr-463	256	2	,	,	PUNCT
ftr-463	256	3	106	106	NUM
ftr-463	256	4	f.2d	f.2d	NOUN
ftr-463	256	5	at	at	ADP
ftr-463	256	6	59	59	NUM
ftr-463	256	7	(	(	PUNCT
ftr-463	256	8	"	"	PUNCT
ftr-463	256	9	[	[	X
ftr-463	256	10	live	live	VERB
ftr-463	256	11	different	different	ADJ
ftr-463	256	12	circuit	circuit	NOUN
ftr-463	256	13	courts	court	NOUN
ftr-463	256	14	of	of	ADP
ftr-463	256	15	appeal	appeal	NOUN
ftr-463	256	16	,	,	PUNCT
ftr-463	256	17	besides	besides	SCONJ
ftr-463	256	18	our	our	PRON
ftr-463	256	19	own	own	ADJ
ftr-463	256	20	,	,	PUNCT
ftr-463	256	21	and	and	CCONJ
ftr-463	256	22	the	the	DET
ftr-463	256	23	court	court	NOUN
ftr-463	256	24	of	of	ADP
ftr-463	256	25	claims	claim	NOUN
ftr-463	256	26	as	as	ADV
ftr-463	256	27	well	well	ADV
ftr-463	256	28	,	,	PUNCT
ftr-463	256	29	have	have	AUX
ftr-463	256	30	decided	decide	VERB
ftr-463	256	31	that	that	SCONJ
ftr-463	256	32	the	the	DET
ftr-463	256	33	receipt	receipt	NOUN
ftr-463	256	34	of	of	ADP
ftr-463	256	35	'	'	PUNCT
ftr-463	256	36	securities	security	NOUN
ftr-463	256	37	'	'	PART
ftr-463	256	38	results	result	NOUN
ftr-463	256	39	in	in	ADP
ftr-463	256	40	the	the	DET
ftr-463	256	41	retention	retention	NOUN
ftr-463	256	42	of	of	ADP
ftr-463	256	43	a	a	DET
ftr-463	256	44	continuity	continuity	NOUN
ftr-463	256	45	of	of	ADP
ftr-463	256	46	interest	interest	NOUN
ftr-463	256	47	necessary	necessary	ADJ
ftr-463	256	48	for	for	ADP
ftr-463	256	49	a	a	DET
ftr-463	256	50	reorganization	reorganization	NOUN
ftr-463	256	51	"	"	PUNCT
ftr-463	256	52	)	)	PUNCT
ftr-463	256	53	.	.	PUNCT
ftr-463	257	1	ultimately	ultimately	ADV
ftr-463	257	2	,	,	PUNCT
ftr-463	257	3	the	the	DET
ftr-463	257	4	supreme	supreme	PROPN
ftr-463	257	5	court	court	PROPN
ftr-463	257	6	held	hold	VERB
ftr-463	257	7	that	that	SCONJ
ftr-463	257	8	the	the	DET
ftr-463	257	9	target	target	NOUN
ftr-463	257	10	or	or	CCONJ
ftr-463	257	11	its	its	PRON
ftr-463	257	12	shareholders	shareholder	NOUN
ftr-463	257	13	must	must	AUX
ftr-463	257	14	receive	receive	VERB
ftr-463	257	15	some	some	DET
ftr-463	257	16	equity	equity	NOUN
ftr-463	257	17	in	in	ADP
ftr-463	257	18	the	the	DET
ftr-463	257	19	acquiror	acquiror	NOUN
ftr-463	257	20	.	.	PUNCT
ftr-463	258	1	see	see	VERB
ftr-463	258	2	le	le	PROPN
ftr-463	258	3	tulle	tulle	PROPN
ftr-463	258	4	v.	v.	PROPN
ftr-463	258	5	scofield	scofield	PROPN
ftr-463	258	6	,	,	PUNCT
ftr-463	258	7	308	308	NUM
ftr-463	258	8	u.s	u.s	PROPN
ftr-463	258	9	.	.	PROPN
ftr-463	258	10	415	415	NUM
ftr-463	258	11	(	(	PUNCT
ftr-463	258	12	1940	1940	NUM
ftr-463	258	13	)	)	PUNCT
ftr-463	258	14	,	,	PUNCT
ftr-463	258	15	discussed	discuss	VERB
ftr-463	258	16	infra	infra	NOUN
ftr-463	258	17	parts	part	NOUN
ftr-463	258	18	iii.b	iii.b	PROPN
ftr-463	258	19	and	and	CCONJ
ftr-463	258	20	iv.a	iv.a	NOUN
ftr-463	258	21	.	.	PUNCT
ftr-463	259	1	31	31	NUM
ftr-463	259	2	.	.	PUNCT
ftr-463	260	1	hendricks	hendrick	NOUN
ftr-463	260	2	,	,	PUNCT
ftr-463	260	3	supra	supra	PROPN
ftr-463	260	4	note	note	NOUN
ftr-463	260	5	16	16	NUM
ftr-463	260	6	,	,	PUNCT
ftr-463	260	7	at	at	ADP
ftr-463	260	8	1220	1220	NUM
ftr-463	260	9	(	(	PUNCT
ftr-463	260	10	emphasis	emphasis	NOUN
ftr-463	260	11	added	add	VERB
ftr-463	260	12	)	)	PUNCT
ftr-463	260	13	;	;	PUNCT
ftr-463	260	14	see	see	VERB
ftr-463	260	15	also	also	ADV
ftr-463	260	16	cortland	cortland	PROPN
ftr-463	260	17	,	,	PUNCT
ftr-463	260	18	60	60	NUM
ftr-463	260	19	f.2d	f.2d	X
ftr-463	260	20	at	at	ADP
ftr-463	260	21	940	940	NUM
ftr-463	260	22	(	(	PUNCT
ftr-463	260	23	"	"	PUNCT
ftr-463	260	24	even	even	ADV
ftr-463	260	25	if	if	SCONJ
ftr-463	260	26	the	the	DET
ftr-463	260	27	transfer	transfer	NOUN
ftr-463	260	28	to	to	ADP
ftr-463	260	29	deyo	deyo	PROPN
ftr-463	260	30	was	be	AUX
ftr-463	260	31	an	an	DET
ftr-463	260	32	exchange	exchange	NOUN
ftr-463	260	33	in	in	ADP
ftr-463	260	34	pursuance	pursuance	NOUN
ftr-463	260	35	of	of	ADP
ftr-463	260	36	a	a	DET
ftr-463	260	37	'	'	PUNCT
ftr-463	260	38	plan	plan	NOUN
ftr-463	260	39	of	of	ADP
ftr-463	260	40	reorganization	reorganization	NOUN
ftr-463	260	41	,	,	PUNCT
ftr-463	260	42	'	'	PUNCT
ftr-463	260	43	the	the	DET
ftr-463	260	44	property	property	NOUN
ftr-463	260	45	received	receive	VERB
ftr-463	260	46	by	by	ADP
ftr-463	260	47	cortland	cortland	PROPN
ftr-463	260	48	had	have	VERB
ftr-463	260	49	to	to	PART
ftr-463	260	50	include	include	VERB
ftr-463	260	51	some	some	DET
ftr-463	260	52	'	'	PUNCT
ftr-463	260	53	stock	stock	NOUN
ftr-463	260	54	or	or	CCONJ
ftr-463	260	55	securities	security	NOUN
ftr-463	260	56	'	'	PUNCT
ftr-463	260	57	"	"	PUNCT
ftr-463	260	58	(	(	PUNCT
ftr-463	260	59	emphasis	emphasis	NOUN
ftr-463	260	60	added	add	VERB
ftr-463	260	61	)	)	PUNCT
ftr-463	260	62	)	)	PUNCT
ftr-463	260	63	.	.	PUNCT
ftr-463	261	1	32	32	NUM
ftr-463	261	2	.	.	PUNCT
ftr-463	262	1	see	see	VERB
ftr-463	262	2	subcomm	subcomm	NOUN
ftr-463	262	3	.	.	PUNCT
ftr-463	263	1	of	of	ADP
ftr-463	263	2	house	house	PROPN
ftr-463	263	3	comm	comm	NOUN
ftr-463	263	4	.	.	PUNCT
ftr-463	264	1	on	on	ADP
ftr-463	264	2	ways	way	NOUN
ftr-463	264	3	and	and	CCONJ
ftr-463	264	4	means	mean	NOUN
ftr-463	264	5	,	,	PUNCT
ftr-463	264	6	73rd	73rd	ADJ
ftr-463	264	7	cong	cong	NOUN
ftr-463	264	8	.	.	PROPN
ftr-463	264	9	,	,	PUNCT
ftr-463	264	10	2d	2d	PROPN
ftr-463	264	11	sess	sess	NOUN
ftr-463	264	12	.	.	PUNCT
ftr-463	265	1	8	8	NUM
ftr-463	265	2	-	-	SYM
ftr-463	265	3	9	9	NUM
ftr-463	265	4	,	,	PUNCT
ftr-463	265	5	37	37	NUM
ftr-463	265	6	-	-	SYM
ftr-463	265	7	42	42	NUM
ftr-463	265	8	(	(	PUNCT
ftr-463	265	9	1934	1934	NUM
ftr-463	265	10	)	)	PUNCT
ftr-463	265	11	,	,	PUNCT
ftr-463	265	12	reprinted	reprint	VERB
ftr-463	265	13	in	in	ADP
ftr-463	265	14	j.s	j.s	PROPN
ftr-463	265	15	.	.	PUNCT
ftr-463	266	1	seidman	seidman	PROPN
ftr-463	266	2	,	,	PUNCT
ftr-463	266	3	seidman	seidman	PROPN
ftr-463	266	4	's	's	PART
ftr-463	266	5	legislative	legislative	ADJ
ftr-463	266	6	history	history	NOUN
ftr-463	266	7	of	of	ADP
ftr-463	266	8	federal	federal	ADJ
ftr-463	266	9	income	income	NOUN
ftr-463	266	10	tax	tax	NOUN
ftr-463	266	11	laws	law	NOUN
ftr-463	266	12	332	332	NUM
ftr-463	266	13	(	(	PUNCT
ftr-463	266	14	1953	1953	NUM
ftr-463	266	15	)	)	PUNCT
ftr-463	266	16	;	;	PUNCT
ftr-463	266	17	see	see	VERB
ftr-463	266	18	also	also	ADV
ftr-463	266	19	h.r	h.r	PROPN
ftr-463	266	20	.	.	PROPN
ftr-463	266	21	rep	rep	PROPN
ftr-463	266	22	.	.	PROPN
ftr-463	267	1	no	no	INTJ
ftr-463	267	2	.	.	NOUN
ftr-463	267	3	704	704	NUM
ftr-463	267	4	,	,	PUNCT
ftr-463	267	5	73rd	73rd	ADJ
ftr-463	267	6	cong	cong	NOUN
ftr-463	267	7	.	.	PROPN
ftr-463	267	8	,	,	PUNCT
ftr-463	267	9	2d	2d	PROPN
ftr-463	267	10	sess	sess	NOUN
ftr-463	267	11	.	.	PUNCT
ftr-463	268	1	13	13	NUM
ftr-463	268	2	(	(	PUNCT
ftr-463	268	3	1934	1934	NUM
ftr-463	268	4	)	)	PUNCT
ftr-463	268	5	,	,	PUNCT
ftr-463	268	6	reprinted	reprint	VERB
ftr-463	268	7	in	in	ADP
ftr-463	268	8	1939	1939	NUM
ftr-463	268	9	-	-	SYM
ftr-463	268	10	1	1	NUM
ftr-463	268	11	c.b	c.b	PROPN
ftr-463	268	12	.	.	PROPN
ftr-463	268	13	554	554	NUM
ftr-463	268	14	,	,	PUNCT
ftr-463	268	15	563	563	NUM
ftr-463	268	16	.	.	PUNCT
ftr-463	269	1	[	[	X
ftr-463	269	2	val	val	X
ftr-463	269	3	3:5	3:5	NUM
ftr-463	269	4	1996	1996	NUM
ftr-463	269	5	]	]	PUNCT
ftr-463	269	6	devolution	devolution	NOUN
ftr-463	269	7	&	&	CCONJ
ftr-463	269	8	inevitable	inevitable	ADJ
ftr-463	269	9	ertinction	ertinction	NOUN
ftr-463	269	10	of	of	ADP
ftr-463	269	11	the	the	DET
ftr-463	269	12	continuity	continuity	NOUN
ftr-463	269	13	of	of	ADP
ftr-463	269	14	interest	interest	NOUN
ftr-463	269	15	doctrine	doctrine	NOUN
ftr-463	269	16	199	199	NUM
ftr-463	269	17	appropriate	appropriate	ADJ
ftr-463	269	18	for	for	ADP
ftr-463	269	19	legitimate	legitimate	ADJ
ftr-463	269	20	reorganizations	reorganization	NOUN
ftr-463	269	21	in	in	ADP
ftr-463	269	22	which	which	PRON
ftr-463	269	23	only	only	ADV
ftr-463	269	24	"	"	PUNCT
ftr-463	269	25	paper	paper	NOUN
ftr-463	269	26	gains	gain	NOUN
ftr-463	269	27	"	"	PUNCT
ftr-463	269	28	were	be	AUX
ftr-463	269	29	realized	realize	VERB
ftr-463	269	30	and	and	CCONJ
ftr-463	269	31	,	,	PUNCT
ftr-463	269	32	because	because	SCONJ
ftr-463	269	33	the	the	DET
ftr-463	269	34	economic	economic	ADJ
ftr-463	269	35	tide	tide	NOUN
ftr-463	269	36	was	be	AUX
ftr-463	269	37	turning	turn	VERB
ftr-463	269	38	,	,	PUNCT
ftr-463	269	39	several	several	ADJ
ftr-463	269	40	reorganizations	reorganization	NOUN
ftr-463	269	41	in	in	ADP
ftr-463	269	42	progress	progress	NOUN
ftr-463	269	43	at	at	ADP
ftr-463	269	44	the	the	DET
ftr-463	269	45	time	time	NOUN
ftr-463	269	46	would	would	AUX
ftr-463	269	47	give	give	VERB
ftr-463	269	48	rise	rise	NOUN
ftr-463	269	49	to	to	ADP
ftr-463	269	50	the	the	DET
ftr-463	269	51	recognition	recognition	NOUN
ftr-463	269	52	of	of	ADP
ftr-463	269	53	losses	loss	NOUN
ftr-463	269	54	if	if	SCONJ
ftr-463	269	55	they	they	PRON
ftr-463	269	56	were	be	AUX
ftr-463	269	57	taxable.33	taxable.33	NOUN
ftr-463	269	58	the	the	DET
ftr-463	269	59	full	full	ADJ
ftr-463	269	60	ways	way	NOUN
ftr-463	269	61	and	and	CCONJ
ftr-463	269	62	means	mean	VERB
ftr-463	269	63	committee	committee	NOUN
ftr-463	269	64	was	be	AUX
ftr-463	269	65	persuaded	persuade	VERB
ftr-463	269	66	by	by	ADP
ftr-463	269	67	the	the	DET
ftr-463	269	68	treasury	treasury	NOUN
ftr-463	269	69	's	's	PART
ftr-463	269	70	arguments	argument	NOUN
ftr-463	269	71	and	and	CCONJ
ftr-463	269	72	proposed	propose	VERB
ftr-463	269	73	to	to	PART
ftr-463	269	74	retain	retain	VERB
ftr-463	269	75	the	the	DET
ftr-463	269	76	basic	basic	ADJ
ftr-463	269	77	concept	concept	NOUN
ftr-463	269	78	of	of	ADP
ftr-463	269	79	tax	tax	NOUN
ftr-463	269	80	-	-	PUNCT
ftr-463	269	81	free	free	ADJ
ftr-463	269	82	reorganizations	reorganization	NOUN
ftr-463	269	83	but	but	CCONJ
ftr-463	269	84	to	to	PART
ftr-463	269	85	deny	deny	VERB
ftr-463	269	86	tax	tax	NOUN
ftr-463	269	87	-	-	PUNCT
ftr-463	269	88	free	free	ADJ
ftr-463	269	89	treatment	treatment	NOUN
ftr-463	269	90	for	for	ADP
ftr-463	269	91	asset	asset	NOUN
ftr-463	269	92	acquisitions	acquisition	NOUN
ftr-463	269	93	of	of	ADP
ftr-463	269	94	the	the	DET
ftr-463	269	95	type	type	NOUN
ftr-463	269	96	that	that	PRON
ftr-463	269	97	were	be	AUX
ftr-463	269	98	the	the	DET
ftr-463	269	99	subject	subject	NOUN
ftr-463	269	100	of	of	ADP
ftr-463	269	101	cortland	cortland	PROPN
ftr-463	269	102	and	and	CCONJ
ftr-463	269	103	pinellas	pinellas	PROPN
ftr-463	269	104	.	.	PUNCT
ftr-463	270	1	under	under	ADP
ftr-463	270	2	the	the	DET
ftr-463	270	3	ways	way	NOUN
ftr-463	270	4	and	and	CCONJ
ftr-463	270	5	means	mean	VERB
ftr-463	270	6	proposal	proposal	NOUN
ftr-463	270	7	,	,	PUNCT
ftr-463	270	8	the	the	DET
ftr-463	270	9	definition	definition	NOUN
ftr-463	270	10	of	of	ADP
ftr-463	270	11	reorganization	reorganization	NOUN
ftr-463	270	12	would	would	AUX
ftr-463	270	13	have	have	AUX
ftr-463	270	14	been	be	AUX
ftr-463	270	15	confined	confine	VERB
ftr-463	270	16	to	to	ADP
ftr-463	270	17	"	"	PUNCT
ftr-463	270	18	(	(	PUNCT
ftr-463	270	19	1	1	X
ftr-463	270	20	)	)	PUNCT
ftr-463	270	21	statutory	statutory	ADJ
ftr-463	270	22	mergers	merger	NOUN
ftr-463	270	23	and	and	CCONJ
ftr-463	270	24	consolidations	consolidation	NOUN
ftr-463	270	25	;	;	PUNCT
ftr-463	270	26	(	(	PUNCT
ftr-463	270	27	2	2	X
ftr-463	270	28	)	)	PUNCT
ftr-463	270	29	transfers	transfer	NOUN
ftr-463	270	30	to	to	ADP
ftr-463	270	31	a	a	DET
ftr-463	270	32	controlled	control	VERB
ftr-463	270	33	corporation	corporation	NOUN
ftr-463	270	34	,	,	PUNCT
ftr-463	270	35	'	'	PUNCT
ftr-463	270	36	control	control	NOUN
ftr-463	270	37	'	'	PUNCT
ftr-463	270	38	being	be	AUX
ftr-463	270	39	defined	define	VERB
ftr-463	270	40	as	as	ADP
ftr-463	270	41	an	an	DET
ftr-463	270	42	80	80	NUM
ftr-463	270	43	-	-	PUNCT
ftr-463	270	44	percent	percent	NOUN
ftr-463	270	45	ownership	ownership	NOUN
ftr-463	270	46	;	;	PUNCT
ftr-463	270	47	and	and	CCONJ
ftr-463	270	48	(	(	PUNCT
ftr-463	270	49	3	3	X
ftr-463	270	50	)	)	PUNCT
ftr-463	270	51	changes	change	NOUN
ftr-463	270	52	in	in	ADP
ftr-463	270	53	the	the	DET
ftr-463	270	54	capital	capital	NOUN
ftr-463	270	55	structure	structure	NOUN
ftr-463	270	56	or	or	CCONJ
ftr-463	270	57	form	form	NOUN
ftr-463	270	58	of	of	ADP
ftr-463	270	59	an	an	DET
ftr-463	270	60	organization	organization	NOUN
ftr-463	270	61	.	.	PUNCT
ftr-463	271	1	"	"	PUNCT
ftr-463	271	2	'	'	PUNCT
ftr-463	271	3	u	u	NOUN
ftr-463	271	4	these	these	DET
ftr-463	271	5	amendments	amendment	NOUN
ftr-463	271	6	were	be	AUX
ftr-463	271	7	approved	approve	VERB
ftr-463	271	8	by	by	ADP
ftr-463	271	9	the	the	DET
ftr-463	271	10	full	full	ADJ
ftr-463	271	11	house	house	NOUN
ftr-463	271	12	.	.	PUNCT
ftr-463	272	1	the	the	DET
ftr-463	272	2	senate	senate	PROPN
ftr-463	272	3	finance	finance	PROPN
ftr-463	272	4	committee	committee	NOUN
ftr-463	272	5	applauded	applaud	VERB
ftr-463	272	6	the	the	DET
ftr-463	272	7	policies	policy	NOUN
ftr-463	272	8	behind	behind	ADP
ftr-463	272	9	the	the	DET
ftr-463	272	10	house	house	NOUN
ftr-463	272	11	's	's	PART
ftr-463	272	12	proposal	proposal	NOUN
ftr-463	272	13	but	but	CCONJ
ftr-463	272	14	,	,	PUNCT
ftr-463	272	15	with	with	ADP
ftr-463	272	16	respect	respect	NOUN
ftr-463	272	17	to	to	ADP
ftr-463	272	18	asset	asset	NOUN
ftr-463	272	19	acquisitions	acquisition	NOUN
ftr-463	272	20	,	,	PUNCT
ftr-463	272	21	made	make	VERB
ftr-463	272	22	the	the	DET
ftr-463	272	23	following	follow	VERB
ftr-463	272	24	observation	observation	NOUN
ftr-463	272	25	:	:	PUNCT
ftr-463	272	26	not	not	PART
ftr-463	272	27	all	all	PRON
ftr-463	272	28	of	of	ADP
ftr-463	272	29	the	the	DET
ftr-463	272	30	states	state	NOUN
ftr-463	272	31	have	have	AUX
ftr-463	272	32	adopted	adopt	VERB
ftr-463	272	33	statutes	statute	NOUN
ftr-463	272	34	providing	provide	VERB
ftr-463	272	35	for	for	ADP
ftr-463	272	36	mergers	merger	NOUN
ftr-463	272	37	and	and	CCONJ
ftr-463	272	38	consolidations	consolidation	NOUN
ftr-463	272	39	;	;	PUNCT
ftr-463	272	40	and	and	CCONJ
ftr-463	272	41	,	,	PUNCT
ftr-463	272	42	moreover	moreover	ADV
ftr-463	272	43	,	,	PUNCT
ftr-463	272	44	a	a	DET
ftr-463	272	45	corporation	corporation	NOUN
ftr-463	272	46	of	of	ADP
ftr-463	272	47	one	one	NUM
ftr-463	272	48	state	state	NOUN
ftr-463	272	49	can	can	AUX
ftr-463	272	50	not	not	PART
ftr-463	272	51	ordinarily	ordinarily	ADV
ftr-463	272	52	merge	merge	VERB
ftr-463	272	53	with	with	ADP
ftr-463	272	54	a	a	DET
ftr-463	272	55	corporation	corporation	NOUN
ftr-463	272	56	of	of	ADP
ftr-463	272	57	another	another	DET
ftr-463	272	58	state	state	NOUN
ftr-463	272	59	.	.	PUNCT
ftr-463	273	1	the	the	DET
ftr-463	273	2	committee	committee	NOUN
ftr-463	273	3	believes	believe	VERB
ftr-463	273	4	that	that	SCONJ
ftr-463	273	5	it	it	PRON
ftr-463	273	6	is	be	AUX
ftr-463	273	7	desirable	desirable	ADJ
ftr-463	273	8	to	to	PART
ftr-463	273	9	permit	permit	VERB
ftr-463	273	10	reorganizations	reorganization	NOUN
ftr-463	273	11	in	in	ADP
ftr-463	273	12	such	such	ADJ
ftr-463	273	13	cases	case	NOUN
ftr-463	273	14	,	,	PUNCT
ftr-463	273	15	with	with	ADP
ftr-463	273	16	restrictions	restriction	NOUN
ftr-463	273	17	designed	design	VERB
ftr-463	273	18	to	to	PART
ftr-463	273	19	prevent	prevent	VERB
ftr-463	273	20	tax	tax	NOUN
ftr-463	273	21	avoidance	avoidance	NOUN
ftr-463	273	22	.	.	PUNCT
ftr-463	274	1	t	t	PROPN
ftr-463	274	2	the	the	DET
ftr-463	274	3	finance	finance	PROPN
ftr-463	274	4	committee	committee	NOUN
ftr-463	274	5	proposed	propose	VERB
ftr-463	274	6	an	an	DET
ftr-463	274	7	expansion	expansion	NOUN
ftr-463	274	8	to	to	ADP
ftr-463	274	9	the	the	DET
ftr-463	274	10	house	house	NOUN
ftr-463	274	11	's	's	PART
ftr-463	274	12	definition	definition	NOUN
ftr-463	274	13	by	by	ADP
ftr-463	274	14	permitting	permit	VERB
ftr-463	274	15	c	c	NOUN
ftr-463	274	16	-	-	PUNCT
ftr-463	274	17	type	type	NOUN
ftr-463	274	18	asset	asset	NOUN
ftr-463	274	19	acquisitions	acquisition	NOUN
ftr-463	274	20	but	but	CCONJ
ftr-463	274	21	requiring	require	VERB
ftr-463	274	22	that	that	SCONJ
ftr-463	274	23	the	the	DET
ftr-463	274	24	consideration	consideration	NOUN
ftr-463	274	25	consist	consist	VERB
ftr-463	274	26	"	"	PUNCT
ftr-463	274	27	solely	solely	ADV
ftr-463	274	28	"	"	PUNCT
ftr-463	274	29	of	of	ADP
ftr-463	274	30	acquiror	acquiror	NOUN
ftr-463	274	31	's	's	PART
ftr-463	274	32	"	"	PUNCT
ftr-463	274	33	voting	voting	NOUN
ftr-463	274	34	stock	stock	NOUN
ftr-463	274	35	.	.	PUNCT
ftr-463	274	36	"	"	PUNCT
ftr-463	275	1	the	the	DET
ftr-463	275	2	committee	committee	NOUN
ftr-463	275	3	also	also	ADV
ftr-463	275	4	restricted	restrict	VERB
ftr-463	275	5	tax	tax	NOUN
ftr-463	275	6	-	-	PUNCT
ftr-463	275	7	free	free	ADJ
ftr-463	275	8	"	"	PUNCT
ftr-463	275	9	mergers	merger	NOUN
ftr-463	275	10	and	and	CCONJ
ftr-463	275	11	consolidations	consolidation	NOUN
ftr-463	275	12	"	"	PUNCT
ftr-463	275	13	to	to	ADP
ftr-463	275	14	those	those	PRON
ftr-463	275	15	specifically	specifically	ADV
ftr-463	275	16	provided	provide	VERB
ftr-463	275	17	for	for	ADP
ftr-463	275	18	under	under	ADP
ftr-463	275	19	state	state	NOUN
ftr-463	275	20	"	"	PUNCT
ftr-463	275	21	statutory	statutory	ADJ
ftr-463	275	22	"	"	PUNCT
ftr-463	275	23	law	law	NOUN
ftr-463	275	24	(	(	PUNCT
ftr-463	275	25	as	as	SCONJ
ftr-463	275	26	opposed	oppose	VERB
ftr-463	275	27	to	to	ADP
ftr-463	275	28	those	those	PRON
ftr-463	275	29	pursuant	pursuant	ADJ
ftr-463	275	30	to	to	ADP
ftr-463	275	31	private	private	ADJ
ftr-463	275	32	legislation	legislation	NOUN
ftr-463	275	33	,	,	PUNCT
ftr-463	275	34	as	as	SCONJ
ftr-463	275	35	had	have	AUX
ftr-463	275	36	also	also	ADV
ftr-463	275	37	been	be	AUX
ftr-463	275	38	common	common	ADJ
ftr-463	275	39	)	)	PUNCT
ftr-463	275	40	.	.	PUNCT
ftr-463	276	1	congress	congress	PROPN
ftr-463	276	2	passed	pass	VERB
ftr-463	276	3	the	the	DET
ftr-463	276	4	bill	bill	NOUN
ftr-463	276	5	,	,	PUNCT
ftr-463	276	6	as	as	SCONJ
ftr-463	276	7	modified	modify	VERB
ftr-463	276	8	by	by	ADP
ftr-463	276	9	the	the	DET
ftr-463	276	10	senate	senate	PROPN
ftr-463	276	11	finance	finance	PROPN
ftr-463	276	12	committee	committee	NOUN
ftr-463	276	13	:	:	PUNCT
ftr-463	276	14	the	the	DET
ftr-463	276	15	term	term	NOUN
ftr-463	276	16	"	"	PUNCT
ftr-463	276	17	reorganization	reorganization	NOUN
ftr-463	276	18	"	"	PUNCT
ftr-463	276	19	means	mean	VERB
ftr-463	276	20	[	[	X
ftr-463	276	21	a	a	X
ftr-463	276	22	]	]	X
ftr-463	276	23	a	a	DET
ftr-463	276	24	statutory	statutory	ADJ
ftr-463	276	25	merger	merger	NOUN
ftr-463	276	26	or	or	CCONJ
ftr-463	276	27	consolidation	consolidation	NOUN
ftr-463	276	28	,	,	PUNCT
ftr-463	276	29	or	or	CCONJ
ftr-463	276	30	[	[	X
ftr-463	276	31	b	b	X
ftr-463	276	32	]	]	X
ftr-463	276	33	the	the	DET
ftr-463	276	34	acquisition	acquisition	NOUN
ftr-463	276	35	by	by	ADP
ftr-463	276	36	one	one	NUM
ftr-463	276	37	corporation	corporation	NOUN
ftr-463	276	38	in	in	ADP
ftr-463	276	39	exchange	exchange	NOUN
ftr-463	276	40	solely	solely	ADV
ftr-463	276	41	for	for	ADP
ftr-463	276	42	all	all	PRON
ftr-463	276	43	or	or	CCONJ
ftr-463	276	44	a	a	DET
ftr-463	276	45	part	part	NOUN
ftr-463	276	46	of	of	ADP
ftr-463	276	47	its	its	PRON
ftr-463	276	48	voting	voting	NOUN
ftr-463	276	49	stock	stock	NOUN
ftr-463	276	50	:	:	PUNCT
ftr-463	276	51	of	of	ADP
ftr-463	276	52	at	at	ADV
ftr-463	276	53	least	least	ADJ
ftr-463	276	54	80	80	NUM
ftr-463	276	55	percentum	percentum	NOUN
ftr-463	276	56	of	of	ADP
ftr-463	276	57	the	the	DET
ftr-463	276	58	voting	voting	NOUN
ftr-463	276	59	stock	stock	NOUN
ftr-463	276	60	and	and	CCONJ
ftr-463	276	61	at	at	ADV
ftr-463	276	62	least	least	ADJ
ftr-463	276	63	80	80	NUM
ftr-463	276	64	percen33	percen33	NOUN
ftr-463	276	65	.	.	PUNCT
ftr-463	277	1	78	78	NUM
ftr-463	277	2	cong	cong	NOUN
ftr-463	277	3	.	.	PUNCT
ftr-463	278	1	rec	rec	PROPN
ftr-463	278	2	.	.	PROPN
ftr-463	278	3	2512	2512	NUM
ftr-463	278	4	(	(	PUNCT
ftr-463	278	5	1934	1934	NUM
ftr-463	278	6	)	)	PUNCT
ftr-463	278	7	.	.	PUNCT
ftr-463	279	1	34	34	NUM
ftr-463	279	2	.	.	PUNCT
ftr-463	280	1	h.r	h.r	PROPN
ftr-463	280	2	.	.	PROPN
ftr-463	280	3	rep	rep	PROPN
ftr-463	280	4	.	.	PROPN
ftr-463	280	5	no	no	INTJ
ftr-463	280	6	.	.	NOUN
ftr-463	280	7	704	704	NUM
ftr-463	280	8	,	,	PUNCT
ftr-463	280	9	supra	supra	ADJ
ftr-463	280	10	note	note	NOUN
ftr-463	280	11	32	32	NUM
ftr-463	280	12	,	,	PUNCT
ftr-463	280	13	reprinted	reprint	VERB
ftr-463	280	14	in	in	ADP
ftr-463	280	15	1939	1939	NUM
ftr-463	280	16	-	-	SYM
ftr-463	280	17	1	1	NUM
ftr-463	280	18	c.b	c.b	PROPN
ftr-463	280	19	.	.	PROPN
ftr-463	280	20	564	564	NUM
ftr-463	280	21	.	.	PUNCT
ftr-463	281	1	35	35	NUM
ftr-463	281	2	.	.	PUNCT
ftr-463	282	1	i	i	PRON
ftr-463	282	2	d.	d.	PROPN
ftr-463	282	3	at	at	ADP
ftr-463	282	4	598	598	NUM
ftr-463	282	5	.	.	PUNCT
ftr-463	283	1	see	see	VERB
ftr-463	283	2	george	george	PROPN
ftr-463	283	3	s.	s.	PROPN
ftr-463	283	4	hills	hills	PROPN
ftr-463	283	5	,	,	PUNCT
ftr-463	283	6	definition-"reorganization	definition-"reorganization	NOUN
ftr-463	283	7	"	"	PUNCT
ftr-463	283	8	under	under	ADP
ftr-463	283	9	the	the	DET
ftr-463	283	10	revenue	revenue	NOUN
ftr-463	283	11	act	act	NOUN
ftr-463	283	12	of	of	ADP
ftr-463	283	13	1934	1934	NUM
ftr-463	283	14	,	,	PUNCT
ftr-463	283	15	12	12	NUM
ftr-463	283	16	tax	tax	NOUN
ftr-463	283	17	magazine	magazine	NOUN
ftr-463	283	18	411	411	NUM
ftr-463	283	19	,	,	PUNCT
ftr-463	283	20	411	411	NUM
ftr-463	283	21	(	(	PUNCT
ftr-463	283	22	1934	1934	NUM
ftr-463	283	23	)	)	PUNCT
ftr-463	283	24	(	(	PUNCT
ftr-463	283	25	"	"	PUNCT
ftr-463	283	26	a	a	DET
ftr-463	283	27	cursor	cursor	NOUN
ftr-463	283	28	)	)	PUNCT
ftr-463	283	29	,	,	PUNCT
ftr-463	283	30	examination	examination	NOUN
ftr-463	283	31	of	of	ADP
ftr-463	283	32	the	the	DET
ftr-463	283	33	business	business	NOUN
ftr-463	283	34	corporation	corporation	NOUN
ftr-463	283	35	laws	law	NOUN
ftr-463	283	36	of	of	ADP
ftr-463	283	37	the	the	DET
ftr-463	283	38	forty	forty	NUM
ftr-463	283	39	-	-	PUNCT
ftr-463	283	40	eight	eight	NUM
ftr-463	283	41	states	state	NOUN
ftr-463	283	42	discloses	disclose	VERB
ftr-463	283	43	that	that	SCONJ
ftr-463	283	44	fifteen	fifteen	NUM
ftr-463	283	45	states	state	NOUN
ftr-463	283	46	have	have	VERB
ftr-463	283	47	no	no	DET
ftr-463	283	48	statutory	statutory	ADJ
ftr-463	283	49	provision	provision	NOUN
ftr-463	283	50	for	for	ADP
ftr-463	283	51	'	'	PUNCT
ftr-463	283	52	merger	merger	NOUN
ftr-463	283	53	'	'	PUNCT
ftr-463	283	54	or	or	CCONJ
ftr-463	283	55	'	'	PUNCT
ftr-463	283	56	consolidation	consolidation	NOUN
ftr-463	283	57	,	,	PUNCT
ftr-463	283	58	'	'	PUNCT
ftr-463	283	59	sixteen	sixteen	NUM
ftr-463	283	60	states	state	NOUN
ftr-463	283	61	have	have	VERB
ftr-463	283	62	statutory	statutory	ADJ
ftr-463	283	63	provisions	provision	NOUN
ftr-463	283	64	limited	limit	VERB
ftr-463	283	65	to	to	ADP
ftr-463	283	66	domestic	domestic	ADJ
ftr-463	283	67	corporations	corporation	NOUN
ftr-463	283	68	,	,	PUNCT
ftr-463	283	69	and	and	CCONJ
ftr-463	283	70	seventeen	seventeen	NUM
ftr-463	283	71	states	state	NOUN
ftr-463	283	72	have	have	VERB
ftr-463	283	73	statutory	statutory	ADJ
ftr-463	283	74	provisions	provision	NOUN
ftr-463	283	75	covering	cover	VERB
ftr-463	283	76	domestic	domestic	ADJ
ftr-463	283	77	corporations	corporation	NOUN
ftr-463	283	78	and	and	CCONJ
ftr-463	283	79	foreign	foreign	ADJ
ftr-463	283	80	corporations	corporation	NOUN
ftr-463	283	81	"	"	PUNCT
ftr-463	283	82	)	)	PUNCT
ftr-463	283	83	.	.	PUNCT
ftr-463	284	1	florida	florida	PROPN
ftr-463	284	2	tax	tax	PROPN
ftr-463	284	3	review	review	NOUN
ftr-463	284	4	tum	tum	NOUN
ftr-463	284	5	of	of	ADP
ftr-463	284	6	the	the	DET
ftr-463	284	7	total	total	ADJ
ftr-463	284	8	number	number	NOUN
ftr-463	284	9	of	of	ADP
ftr-463	284	10	shares	share	NOUN
ftr-463	284	11	of	of	ADP
ftr-463	284	12	all	all	DET
ftr-463	284	13	other	other	ADJ
ftr-463	284	14	classes	class	NOUN
ftr-463	284	15	of	of	ADP
ftr-463	284	16	stock	stock	NOUN
ftr-463	284	17	of	of	ADP
ftr-463	284	18	another	another	DET
ftr-463	284	19	corporation	corporation	NOUN
ftr-463	284	20	;	;	PUNCT
ftr-463	284	21	or	or	CCONJ
ftr-463	284	22	[	[	X
ftr-463	284	23	c	c	X
ftr-463	284	24	]	]	PUNCT
ftr-463	284	25	of	of	ADP
ftr-463	284	26	substantially	substantially	ADV
ftr-463	284	27	all	all	DET
ftr-463	284	28	the	the	DET
ftr-463	284	29	properties	property	NOUN
ftr-463	284	30	of	of	ADP
ftr-463	284	31	another	another	DET
ftr-463	284	32	corporation	corporation	NOUN
ftr-463	284	33	,	,	PUNCT
ftr-463	284	34	or	or	CCONJ
ftr-463	284	35	[	[	X
ftr-463	284	36	d	d	X
ftr-463	284	37	]	]	X
ftr-463	284	38	a	a	DET
ftr-463	284	39	transfer	transfer	NOUN
ftr-463	284	40	by	by	ADP
ftr-463	284	41	a	a	DET
ftr-463	284	42	corporation	corporation	NOUN
ftr-463	284	43	of	of	ADP
ftr-463	284	44	all	all	PRON
ftr-463	284	45	or	or	CCONJ
ftr-463	284	46	a	a	DET
ftr-463	284	47	part	part	NOUN
ftr-463	284	48	of	of	ADP
ftr-463	284	49	its	its	PRON
ftr-463	284	50	assets	asset	NOUN
ftr-463	284	51	to	to	ADP
ftr-463	284	52	another	another	DET
ftr-463	284	53	corporation	corporation	NOUN
ftr-463	284	54	if	if	SCONJ
ftr-463	284	55	immediately	immediately	ADV
ftr-463	284	56	after	after	ADP
ftr-463	284	57	the	the	DET
ftr-463	284	58	transfer	transfer	NOUN
ftr-463	284	59	the	the	DET
ftr-463	284	60	transferor	transferor	NOUN
ftr-463	284	61	or	or	CCONJ
ftr-463	284	62	its	its	PRON
ftr-463	284	63	shareholders	shareholder	NOUN
ftr-463	284	64	or	or	CCONJ
ftr-463	284	65	both	both	PRON
ftr-463	284	66	are	be	AUX
ftr-463	284	67	in	in	ADP
ftr-463	284	68	control	control	NOUN
ftr-463	284	69	of	of	ADP
ftr-463	284	70	the	the	DET
ftr-463	284	71	corporation	corporation	NOUN
ftr-463	284	72	to	to	PART
ftr-463	284	73	which	which	PRON
ftr-463	284	74	the	the	DET
ftr-463	284	75	assets	asset	NOUN
ftr-463	284	76	are	be	AUX
ftr-463	284	77	transferred	transfer	VERB
ftr-463	284	78	,	,	PUNCT
ftr-463	284	79	or	or	CCONJ
ftr-463	284	80	[	[	X
ftr-463	284	81	e	e	X
ftr-463	284	82	]	]	X
ftr-463	284	83	a	a	DET
ftr-463	284	84	recapitalization	recapitalization	NOUN
ftr-463	284	85	,	,	PUNCT
ftr-463	284	86	or	or	CCONJ
ftr-463	284	87	[	[	X
ftr-463	284	88	f	f	X
ftr-463	284	89	]	]	X
ftr-463	284	90	a	a	DET
ftr-463	284	91	mere	mere	ADJ
ftr-463	284	92	change	change	NOUN
ftr-463	284	93	in	in	ADP
ftr-463	284	94	identity	identity	NOUN
ftr-463	284	95	,	,	PUNCT
ftr-463	284	96	form	form	NOUN
ftr-463	284	97	,	,	PUNCT
ftr-463	284	98	or	or	CCONJ
ftr-463	284	99	place	place	NOUN
ftr-463	284	100	of	of	ADP
ftr-463	284	101	organization	organization	NOUN
ftr-463	284	102	,	,	PUNCT
ftr-463	284	103	however	however	ADV
ftr-463	284	104	effected.36	effected.36	VERB
ftr-463	284	105	with	with	ADP
ftr-463	284	106	these	these	DET
ftr-463	284	107	changes	change	NOUN
ftr-463	284	108	,	,	PUNCT
ftr-463	284	109	congress	congress	PROPN
ftr-463	284	110	replaced	replace	VERB
ftr-463	284	111	the	the	DET
ftr-463	284	112	judicial	judicial	ADJ
ftr-463	284	113	continuity	continuity	NOUN
ftr-463	284	114	of	of	ADP
ftr-463	284	115	interest	interest	NOUN
ftr-463	284	116	doctrine	doctrine	NOUN
ftr-463	284	117	with	with	ADP
ftr-463	284	118	a	a	DET
ftr-463	284	119	more	more	ADV
ftr-463	284	120	explicit	explicit	ADJ
ftr-463	284	121	-	-	PUNCT
ftr-463	284	122	and	and	CCONJ
ftr-463	284	123	restrictive	restrictive	ADJ
ftr-463	284	124	-	-	PUNCT
ftr-463	284	125	statutory	statutory	ADJ
ftr-463	284	126	version.37	version.37	NOUN
ftr-463	284	127	these	these	DET
ftr-463	284	128	amendments	amendment	NOUN
ftr-463	284	129	met	meet	VERB
ftr-463	284	130	the	the	DET
ftr-463	284	131	house	house	NOUN
ftr-463	284	132	's	's	PART
ftr-463	284	133	original	original	ADJ
ftr-463	284	134	concerns	concern	NOUN
ftr-463	284	135	by	by	ADP
ftr-463	284	136	preempting	preempt	VERB
ftr-463	284	137	any	any	DET
ftr-463	284	138	attempt	attempt	NOUN
ftr-463	284	139	of	of	ADP
ftr-463	284	140	taxpayers	taxpayer	NOUN
ftr-463	284	141	to	to	PART
ftr-463	284	142	obtain	obtain	VERB
ftr-463	284	143	tax	tax	NOUN
ftr-463	284	144	-	-	PUNCT
ftr-463	284	145	free	free	ADJ
ftr-463	284	146	treatment	treatment	NOUN
ftr-463	284	147	for	for	ADP
ftr-463	284	148	a	a	DET
ftr-463	284	149	pinellas	pinellas	NOUN
ftr-463	284	150	-	-	PUNCT
ftr-463	284	151	type	type	NOUN
ftr-463	284	152	transaction	transaction	NOUN
ftr-463	284	153	and	and	CCONJ
ftr-463	284	154	met	meet	VERB
ftr-463	284	155	the	the	DET
ftr-463	284	156	treasury	treasury	NOUN
ftr-463	284	157	's	's	PART
ftr-463	284	158	and	and	CCONJ
ftr-463	284	159	the	the	DET
ftr-463	284	160	senate	senate	PROPN
ftr-463	284	161	's	's	PART
ftr-463	284	162	objective	objective	NOUN
ftr-463	284	163	of	of	ADP
ftr-463	284	164	permitting	permit	VERB
ftr-463	284	165	tax	tax	NOUN
ftr-463	284	166	-	-	PUNCT
ftr-463	284	167	free	free	ADJ
ftr-463	284	168	asset	asset	NOUN
ftr-463	284	169	acquisitions	acquisition	NOUN
ftr-463	284	170	that	that	PRON
ftr-463	284	171	were	be	AUX
ftr-463	284	172	"	"	PUNCT
ftr-463	284	173	sufficiently	sufficiently	ADV
ftr-463	284	174	similar	similar	ADJ
ftr-463	284	175	to	to	ADP
ftr-463	284	176	mergers	merger	NOUN
ftr-463	284	177	and	and	CCONJ
ftr-463	284	178	consolidations	consolidation	NOUN
ftr-463	284	179	as	as	SCONJ
ftr-463	284	180	to	to	PART
ftr-463	284	181	be	be	AUX
ftr-463	284	182	entitled	entitle	VERB
ftr-463	284	183	to	to	ADP
ftr-463	284	184	similar	similar	ADJ
ftr-463	284	185	treatment	treatment	NOUN
ftr-463	284	186	.	.	PUNCT
ftr-463	285	1	"38	"38	PUNCT
ftr-463	286	1	additionally	additionally	ADV
ftr-463	286	2	,	,	PUNCT
ftr-463	286	3	voting	vote	VERB
ftr-463	286	4	stock	stock	NOUN
ftr-463	286	5	consideration	consideration	NOUN
ftr-463	286	6	was	be	AUX
ftr-463	286	7	not	not	PART
ftr-463	286	8	made	make	VERB
ftr-463	286	9	a	a	DET
ftr-463	286	10	condition	condition	NOUN
ftr-463	286	11	of	of	ADP
ftr-463	286	12	tax	tax	NOUN
ftr-463	286	13	-	-	PUNCT
ftr-463	286	14	free	free	ADJ
ftr-463	286	15	treatment	treatment	NOUN
ftr-463	286	16	for	for	ADP
ftr-463	286	17	statutory	statutory	ADJ
ftr-463	286	18	mergers	merger	NOUN
ftr-463	286	19	or	or	CCONJ
ftr-463	286	20	consolidations	consolidation	NOUN
ftr-463	286	21	,	,	PUNCT
ftr-463	286	22	even	even	ADV
ftr-463	286	23	though	though	SCONJ
ftr-463	286	24	in	in	ADP
ftr-463	286	25	1934	1934	NUM
ftr-463	286	26	,	,	PUNCT
ftr-463	286	27	under	under	ADP
ftr-463	286	28	the	the	DET
ftr-463	286	29	laws	law	NOUN
ftr-463	286	30	of	of	ADP
ftr-463	286	31	various	various	ADJ
ftr-463	286	32	states	state	NOUN
ftr-463	286	33	,	,	PUNCT
ftr-463	286	34	there	there	PRON
ftr-463	286	35	was	be	VERB
ftr-463	286	36	no	no	DET
ftr-463	286	37	requirement	requirement	NOUN
ftr-463	286	38	that	that	SCONJ
ftr-463	286	39	a	a	DET
ftr-463	286	40	plan	plan	NOUN
ftr-463	286	41	of	of	ADP
ftr-463	286	42	merger	merger	NOUN
ftr-463	286	43	or	or	CCONJ
ftr-463	286	44	consolidation	consolidation	NOUN
ftr-463	286	45	provide	provide	VERB
ftr-463	286	46	for	for	ADP
ftr-463	286	47	solely	solely	ADV
ftr-463	286	48	voting	vote	VERB
ftr-463	286	49	stock	stock	NOUN
ftr-463	286	50	consideration	consideration	NOUN
ftr-463	286	51	and	and	CCONJ
ftr-463	286	52	,	,	PUNCT
ftr-463	286	53	in	in	ADP
ftr-463	286	54	fact	fact	NOUN
ftr-463	286	55	,	,	PUNCT
ftr-463	286	56	some	some	DET
ftr-463	286	57	"	"	PUNCT
ftr-463	286	58	modern	modern	ADJ
ftr-463	286	59	"	"	PUNCT
ftr-463	286	60	state	state	NOUN
ftr-463	286	61	statutes	statute	NOUN
ftr-463	286	62	permitted	permit	VERB
ftr-463	286	63	mergers	merger	NOUN
ftr-463	286	64	without	without	ADP
ftr-463	286	65	any	any	DET
ftr-463	286	66	equity	equity	NOUN
ftr-463	286	67	consideration.39	consideration.39	NOUN
ftr-463	286	68	thus	thus	ADV
ftr-463	286	69	,	,	PUNCT
ftr-463	286	70	36	36	NUM
ftr-463	286	71	.	.	PUNCT
ftr-463	287	1	revenue	revenue	NOUN
ftr-463	287	2	act	act	NOUN
ftr-463	287	3	of	of	ADP
ftr-463	287	4	1934	1934	NUM
ftr-463	287	5	,	,	PUNCT
ftr-463	287	6	§	§	PROPN
ftr-463	287	7	112(g)(1	112(g)(1	NUM
ftr-463	287	8	)	)	PUNCT
ftr-463	287	9	,	,	PUNCT
ftr-463	287	10	48	48	NUM
ftr-463	287	11	stat	stat	NOUN
ftr-463	287	12	.	.	PUNCT
ftr-463	288	1	683	683	NUM
ftr-463	288	2	,	,	PUNCT
ftr-463	288	3	705	705	NUM
ftr-463	288	4	.	.	PUNCT
ftr-463	289	1	the	the	DET
ftr-463	289	2	letters	letter	NOUN
ftr-463	289	3	in	in	ADP
ftr-463	289	4	brackets	bracket	NOUN
ftr-463	289	5	are	be	AUX
ftr-463	289	6	redesignated	redesignate	VERB
ftr-463	289	7	to	to	PART
ftr-463	289	8	correspond	correspond	VERB
ftr-463	289	9	to	to	ADP
ftr-463	289	10	current	current	ADJ
ftr-463	289	11	law	law	NOUN
ftr-463	289	12	.	.	PUNCT
ftr-463	290	1	37	37	NUM
ftr-463	290	2	.	.	PUNCT
ftr-463	291	1	see	see	VERB
ftr-463	291	2	helvering	helvere	VERB
ftr-463	291	3	v.	v.	PROPN
ftr-463	291	4	southwest	southwest	PROPN
ftr-463	291	5	corp	corp	PROPN
ftr-463	291	6	.	.	PROPN
ftr-463	291	7	,	,	PUNCT
ftr-463	291	8	315	315	NUM
ftr-463	291	9	u.s	u.s	PROPN
ftr-463	291	10	.	.	PROPN
ftr-463	291	11	194	194	NUM
ftr-463	291	12	,	,	PUNCT
ftr-463	291	13	198	198	NUM
ftr-463	291	14	(	(	PUNCT
ftr-463	291	15	1942	1942	NUM
ftr-463	291	16	)	)	PUNCT
ftr-463	291	17	(	(	PUNCT
ftr-463	291	18	"	"	PUNCT
ftr-463	291	19	[	[	X
ftr-463	291	20	tlhe	tlhe	NOUN
ftr-463	291	21	continuity	continuity	NOUN
ftr-463	291	22	of	of	ADP
ftr-463	291	23	interest	interest	NOUN
ftr-463	291	24	test	test	NOUN
ftr-463	291	25	is	be	AUX
ftr-463	291	26	made	make	VERB
ftr-463	291	27	much	much	ADJ
ftr-463	291	28	stricter	strict	ADJ
ftr-463	292	1	[	[	X
ftr-463	292	2	by	by	ADP
ftr-463	292	3	the	the	DET
ftr-463	292	4	1934	1934	NUM
ftr-463	292	5	act	act	NOUN
ftr-463	292	6	]	]	PUNCT
ftr-463	292	7	"	"	PUNCT
ftr-463	292	8	)	)	PUNCT
ftr-463	292	9	;	;	PUNCT
ftr-463	292	10	comment	comment	NOUN
ftr-463	292	11	,	,	PUNCT
ftr-463	292	12	corporate	corporate	ADJ
ftr-463	292	13	reorganization	reorganization	NOUN
ftr-463	292	14	to	to	PART
ftr-463	292	15	avoid	avoid	VERB
ftr-463	292	16	payment	payment	NOUN
ftr-463	292	17	of	of	ADP
ftr-463	292	18	income	income	NOUN
ftr-463	292	19	tax	tax	NOUN
ftr-463	292	20	,	,	PUNCT
ftr-463	292	21	45	45	NUM
ftr-463	292	22	yale	yale	PROPN
ftr-463	292	23	l.j	l.j	PROPN
ftr-463	292	24	.	.	PROPN
ftr-463	292	25	134	134	NUM
ftr-463	292	26	,	,	PUNCT
ftr-463	292	27	140	140	NUM
ftr-463	292	28	-	-	SYM
ftr-463	292	29	41	41	NUM
ftr-463	292	30	(	(	PUNCT
ftr-463	292	31	1935	1935	NUM
ftr-463	292	32	)	)	PUNCT
ftr-463	292	33	;	;	PUNCT
ftr-463	292	34	hugh	hugh	PROPN
ftr-463	292	35	satterlee	satterlee	PROPN
ftr-463	292	36	,	,	PUNCT
ftr-463	292	37	the	the	DET
ftr-463	292	38	income	income	NOUN
ftr-463	292	39	tax	tax	NOUN
ftr-463	292	40	definition	definition	NOUN
ftr-463	292	41	of	of	ADP
ftr-463	292	42	reorganization	reorganization	NOUN
ftr-463	292	43	,	,	PUNCT
ftr-463	292	44	12	12	NUM
ftr-463	292	45	tax	tax	NOUN
ftr-463	292	46	magazine	magazine	NOUN
ftr-463	292	47	639	639	NUM
ftr-463	292	48	(	(	PUNCT
ftr-463	292	49	1934	1934	NUM
ftr-463	292	50	)	)	PUNCT
ftr-463	292	51	;	;	PUNCT
ftr-463	292	52	hills	hill	NOUN
ftr-463	292	53	,	,	PUNCT
ftr-463	292	54	supra	supra	PROPN
ftr-463	292	55	note	note	NOUN
ftr-463	292	56	35	35	NUM
ftr-463	292	57	,	,	PUNCT
ftr-463	292	58	at	at	ADP
ftr-463	292	59	412	412	NUM
ftr-463	292	60	;	;	PUNCT
ftr-463	292	61	hendricks	hendrick	NOUN
ftr-463	292	62	,	,	PUNCT
ftr-463	292	63	supra	supra	PROPN
ftr-463	292	64	note	note	NOUN
ftr-463	292	65	16	16	NUM
ftr-463	292	66	,	,	PUNCT
ftr-463	292	67	at	at	ADP
ftr-463	292	68	1202	1202	NUM
ftr-463	292	69	(	(	PUNCT
ftr-463	292	70	"	"	PUNCT
ftr-463	292	71	[	[	X
ftr-463	292	72	tlhe	tlhe	NOUN
ftr-463	292	73	intent	intent	NOUN
ftr-463	292	74	of	of	ADP
ftr-463	292	75	congress	congress	PROPN
ftr-463	292	76	is	be	AUX
ftr-463	292	77	thus	thus	ADV
ftr-463	292	78	made	make	VERB
ftr-463	292	79	plain	plain	ADJ
ftr-463	292	80	...	...	PUNCT
ftr-463	293	1	[	[	X
ftr-463	293	2	f]or	f]or	ADJ
ftr-463	293	3	future	future	ADJ
ftr-463	293	4	transactions	transaction	NOUN
ftr-463	293	5	,	,	PUNCT
ftr-463	293	6	the	the	DET
ftr-463	293	7	views	view	NOUN
ftr-463	293	8	of	of	ADP
ftr-463	293	9	the	the	DET
ftr-463	293	10	board	board	NOUN
ftr-463	293	11	of	of	ADP
ftr-463	293	12	tax	tax	NOUN
ftr-463	293	13	appeals	appeal	NOUN
ftr-463	293	14	...	...	PUNCT
ftr-463	293	15	regarding	regard	VERB
ftr-463	293	16	the	the	DET
ftr-463	293	17	interpretation	interpretation	NOUN
ftr-463	293	18	to	to	PART
ftr-463	293	19	be	be	AUX
ftr-463	293	20	given	give	VERB
ftr-463	293	21	to	to	ADP
ftr-463	293	22	section	section	NOUN
ftr-463	293	23	112(i)(1)(a	112(i)(1)(a	NUM
ftr-463	293	24	)	)	PUNCT
ftr-463	293	25	of	of	ADP
ftr-463	293	26	the	the	DET
ftr-463	293	27	1932	1932	NUM
ftr-463	293	28	and	and	CCONJ
ftr-463	293	29	prior	prior	ADJ
ftr-463	293	30	acts	act	NOUN
ftr-463	293	31	are	be	AUX
ftr-463	293	32	made	make	VERB
ftr-463	293	33	inapplicable	inapplicable	ADJ
ftr-463	293	34	"	"	PUNCT
ftr-463	293	35	)	)	PUNCT
ftr-463	293	36	;	;	PUNCT
ftr-463	293	37	erwin	erwin	PROPN
ftr-463	293	38	n.	n.	PROPN
ftr-463	293	39	griswold	griswold	PROPN
ftr-463	293	40	,	,	PUNCT
ftr-463	293	41	securities	security	NOUN
ftr-463	293	42	and	and	CCONJ
ftr-463	293	43	continuity	continuity	NOUN
ftr-463	293	44	of	of	ADP
ftr-463	293	45	interest	interest	NOUN
ftr-463	293	46	,	,	PUNCT
ftr-463	293	47	58	58	NUM
ftr-463	293	48	harv	harv	NOUN
ftr-463	293	49	.	.	PUNCT
ftr-463	294	1	l.	l.	PROPN
ftr-463	294	2	rev	rev	PROPN
ftr-463	294	3	.	.	PROPN
ftr-463	294	4	705	705	NUM
ftr-463	294	5	,	,	PUNCT
ftr-463	294	6	711	711	NUM
ftr-463	294	7	(	(	PUNCT
ftr-463	294	8	1945	1945	NUM
ftr-463	294	9	)	)	PUNCT
ftr-463	294	10	(	(	PUNCT
ftr-463	294	11	since	since	SCONJ
ftr-463	294	12	"	"	PUNCT
ftr-463	294	13	the	the	DET
ftr-463	294	14	definition	definition	NOUN
ftr-463	294	15	of	of	ADP
ftr-463	294	16	reorganization	reorganization	NOUN
ftr-463	294	17	in	in	ADP
ftr-463	294	18	the	the	DET
ftr-463	294	19	statute	statute	NOUN
ftr-463	294	20	has	have	AUX
ftr-463	294	21	now	now	ADV
ftr-463	294	22	been	be	AUX
ftr-463	294	23	changed	change	VERB
ftr-463	294	24	so	so	SCONJ
ftr-463	294	25	as	as	SCONJ
ftr-463	294	26	to	to	PART
ftr-463	294	27	include	include	VERB
ftr-463	294	28	only	only	ADV
ftr-463	294	29	a	a	DET
ftr-463	294	30	'	'	PUNCT
ftr-463	294	31	statutory	statutory	ADJ
ftr-463	294	32	merger	merger	NOUN
ftr-463	294	33	or	or	CCONJ
ftr-463	294	34	consolidation	consolidation	NOUN
ftr-463	294	35	,	,	PUNCT
ftr-463	294	36	'	'	PUNCT
ftr-463	294	37	or	or	CCONJ
ftr-463	294	38	an	an	DET
ftr-463	294	39	exchange	exchange	NOUN
ftr-463	294	40	of	of	ADP
ftr-463	294	41	property	property	NOUN
ftr-463	294	42	'	'	PUNCT
ftr-463	294	43	solely	solely	ADV
ftr-463	294	44	for	for	ADP
ftr-463	294	45	voting	vote	VERB
ftr-463	294	46	stock	stock	NOUN
ftr-463	294	47	,	,	PUNCT
ftr-463	294	48	'	'	PUNCT
ftr-463	294	49	"	"	PUNCT
ftr-463	294	50	the	the	DET
ftr-463	294	51	definition	definition	NOUN
ftr-463	294	52	of	of	ADP
ftr-463	294	53	securities	security	NOUN
ftr-463	294	54	is	be	AUX
ftr-463	294	55	"	"	PUNCT
ftr-463	294	56	no	no	ADV
ftr-463	294	57	longer	long	ADV
ftr-463	294	58	of	of	ADP
ftr-463	294	59	any	any	DET
ftr-463	294	60	particular	particular	ADJ
ftr-463	294	61	importance	importance	NOUN
ftr-463	294	62	"	"	PUNCT
ftr-463	294	63	in	in	ADP
ftr-463	294	64	determining	determine	VERB
ftr-463	294	65	whether	whether	SCONJ
ftr-463	294	66	a	a	DET
ftr-463	294	67	"	"	PUNCT
ftr-463	294	68	reorganization	reorganization	NOUN
ftr-463	294	69	"	"	PUNCT
ftr-463	294	70	has	have	AUX
ftr-463	294	71	taken	take	VERB
ftr-463	294	72	place	place	NOUN
ftr-463	294	73	)	)	PUNCT
ftr-463	294	74	.	.	PUNCT
ftr-463	295	1	38	38	NUM
ftr-463	295	2	.	.	PUNCT
ftr-463	296	1	h.r	h.r	PROPN
ftr-463	296	2	.	.	PROPN
ftr-463	296	3	rep	rep	PROPN
ftr-463	296	4	.	.	PROPN
ftr-463	296	5	no	no	INTJ
ftr-463	296	6	.	.	NOUN
ftr-463	296	7	704	704	NUM
ftr-463	296	8	,	,	PUNCT
ftr-463	296	9	supra	supra	ADJ
ftr-463	296	10	note	note	NOUN
ftr-463	296	11	32	32	NUM
ftr-463	296	12	,	,	PUNCT
ftr-463	296	13	reprinted	reprint	VERB
ftr-463	296	14	in	in	ADP
ftr-463	296	15	1939	1939	NUM
ftr-463	296	16	-	-	SYM
ftr-463	296	17	1	1	NUM
ftr-463	296	18	c.b	c.b	PROPN
ftr-463	296	19	.	.	PROPN
ftr-463	296	20	598	598	NUM
ftr-463	296	21	.	.	NUM
ftr-463	296	22	39	39	NUM
ftr-463	296	23	.	.	PUNCT
ftr-463	297	1	see	see	VERB
ftr-463	297	2	,	,	PUNCT
ftr-463	297	3	e.g.	e.g.	ADV
ftr-463	297	4	,	,	PUNCT
ftr-463	297	5	ark	ark	PROPN
ftr-463	297	6	.	.	PUNCT
ftr-463	298	1	dig	dig	PROPN
ftr-463	298	2	.	.	PUNCT
ftr-463	299	1	stat	stat	PROPN
ftr-463	299	2	.	.	PUNCT
ftr-463	300	1	§	§	PROPN
ftr-463	300	2	170112	170112	NUM
ftr-463	300	3	(	(	PUNCT
ftr-463	300	4	crawford	crawford	PROPN
ftr-463	300	5	&	&	CCONJ
ftr-463	300	6	moses	moses	PROPN
ftr-463	300	7	,	,	PUNCT
ftr-463	300	8	supp	supp	PROPN
ftr-463	300	9	.	.	PUNCT
ftr-463	300	10	1931	1931	NUM
ftr-463	300	11	)	)	PUNCT
ftr-463	300	12	(	(	PUNCT
ftr-463	300	13	"	"	PUNCT
ftr-463	300	14	[	[	X
ftr-463	300	15	tlhe	tlhe	NOUN
ftr-463	300	16	agreement	agreement	NOUN
ftr-463	300	17	may	may	AUX
ftr-463	300	18	provide	provide	VERB
ftr-463	300	19	for	for	ADP
ftr-463	300	20	the	the	DET
ftr-463	300	21	distribution	distribution	NOUN
ftr-463	300	22	of	of	ADP
ftr-463	300	23	cash	cash	NOUN
ftr-463	300	24	,	,	PUNCT
ftr-463	300	25	notes	note	NOUN
ftr-463	300	26	or	or	CCONJ
ftr-463	300	27	bonds	bond	NOUN
ftr-463	300	28	in	in	ADP
ftr-463	300	29	whole	whole	ADJ
ftr-463	300	30	or	or	CCONJ
ftr-463	300	31	in	in	ADP
ftr-463	300	32	part	part	NOUN
ftr-463	300	33	,	,	PUNCT
ftr-463	300	34	in	in	ADP
ftr-463	300	35	lieu	lieu	NOUN
ftr-463	300	36	of	of	ADP
ftr-463	300	37	stock	stock	NOUN
ftr-463	300	38	to	to	ADP
ftr-463	300	39	the	the	DET
ftr-463	300	40	stockholders	stockholder	NOUN
ftr-463	300	41	of	of	ADP
ftr-463	300	42	the	the	DET
ftr-463	300	43	constituent	constituent	NOUN
ftr-463	300	44	corporations	corporation	NOUN
ftr-463	300	45	or	or	CCONJ
ftr-463	300	46	any	any	PRON
ftr-463	300	47	of	of	ADP
ftr-463	300	48	them	they	PRON
ftr-463	300	49	"	"	PUNCT
ftr-463	300	50	)	)	PUNCT
ftr-463	300	51	;	;	PUNCT
ftr-463	300	52	see	see	VERB
ftr-463	300	53	also	also	ADV
ftr-463	300	54	cal	cal	ADJ
ftr-463	300	55	.	.	PUNCT
ftr-463	301	1	civ	civ	NOUN
ftr-463	301	2	.	.	PUNCT
ftr-463	301	3	code	code	PROPN
ftr-463	301	4	§	§	PROPN
ftr-463	301	5	361	361	NUM
ftr-463	301	6	(	(	PUNCT
ftr-463	301	7	deering	deering	NOUN
ftr-463	301	8	1931	1931	NUM
ftr-463	301	9	)	)	PUNCT
ftr-463	301	10	;	;	PUNCT
ftr-463	301	11	fla	fla	PROPN
ftr-463	301	12	.	.	PUNCT
ftr-463	302	1	comp	comp	PROPN
ftr-463	302	2	.	.	PUNCT
ftr-463	303	1	gen	gen	PROPN
ftr-463	303	2	.	.	PROPN
ftr-463	303	3	laws	laws	PROPN
ftr-463	303	4	ann	ann	PROPN
ftr-463	303	5	.	.	PUNCT
ftr-463	304	1	§	§	PROPN
ftr-463	304	2	6562	6562	NUM
ftr-463	304	3	(	(	PUNCT
ftr-463	304	4	skillman	skillman	NOUN
ftr-463	304	5	1927	1927	NUM
ftr-463	304	6	)	)	PUNCT
ftr-463	304	7	;	;	PUNCT
ftr-463	304	8	nev	nev	PROPN
ftr-463	304	9	.	.	PROPN
ftr-463	304	10	comp	comp	PROPN
ftr-463	304	11	.	.	PUNCT
ftr-463	305	1	laws	law	NOUN
ftr-463	305	2	§	§	PROPN
ftr-463	305	3	1638	1638	NUM
ftr-463	305	4	(	(	PUNCT
ftr-463	305	5	hillyer	hillyer	NOUN
ftr-463	305	6	1930	1930	NUM
ftr-463	305	7	)	)	PUNCT
ftr-463	305	8	;	;	PUNCT
ftr-463	305	9	ohio	ohio	PROPN
ftr-463	305	10	gen	gen	PROPN
ftr-463	305	11	.	.	PROPN
ftr-463	305	12	code	code	PROPN
ftr-463	305	13	§	§	PROPN
ftr-463	305	14	8623	8623	NUM
ftr-463	305	15	-	-	SYM
ftr-463	305	16	67	67	NUM
ftr-463	305	17	(	(	PUNCT
ftr-463	305	18	page	page	NOUN
ftr-463	305	19	,	,	PUNCT
ftr-463	305	20	supp	supp	PROPN
ftr-463	305	21	.	.	PUNCT
ftr-463	305	22	1935	1935	NUM
ftr-463	305	23	)	)	PUNCT
ftr-463	305	24	;	;	PUNCT
ftr-463	305	25	tenn	tenn	PROPN
ftr-463	305	26	.	.	PROPN
ftr-463	305	27	code	code	PROPN
ftr-463	305	28	ann	ann	PROPN
ftr-463	305	29	.	.	PUNCT
ftr-463	306	1	§	§	PROPN
ftr-463	306	2	3750	3750	NUM
ftr-463	306	3	(	(	PUNCT
ftr-463	306	4	williams	williams	PROPN
ftr-463	306	5	1934	1934	NUM
ftr-463	306	6	)	)	PUNCT
ftr-463	306	7	;	;	PUNCT
ftr-463	306	8	ill	ill	PROPN
ftr-463	306	9	.	.	PUNCT
ftr-463	306	10	rev	rev	PROPN
ftr-463	306	11	.	.	PROPN
ftr-463	306	12	stat	stat	PROPN
ftr-463	306	13	.	.	PUNCT
ftr-463	307	1	c.	c.	PROPN
ftr-463	307	2	32	32	NUM
ftr-463	308	1	§	§	PROPN
ftr-463	308	2	62	62	NUM
ftr-463	308	3	(	(	PUNCT
ftr-463	308	4	cahill	cahill	PROPN
ftr-463	308	5	&	&	CCONJ
ftr-463	308	6	moore	moore	PROPN
ftr-463	308	7	1935	1935	NUM
ftr-463	308	8	)	)	PUNCT
ftr-463	308	9	(	(	PUNCT
ftr-463	308	10	permitting	permit	VERB
ftr-463	308	11	distribution	distribution	NOUN
ftr-463	308	12	of	of	ADP
ftr-463	308	13	"	"	PUNCT
ftr-463	308	14	shares	share	NOUN
ftr-463	308	15	or	or	CCONJ
ftr-463	308	16	other	other	ADJ
ftr-463	308	17	securities	security	NOUN
ftr-463	308	18	or	or	CCONJ
ftr-463	308	19	obligations	obligation	NOUN
ftr-463	308	20	of	of	ADP
ftr-463	308	21	the	the	DET
ftr-463	308	22	new	new	ADJ
ftr-463	308	23	corporation	corporation	NOUN
ftr-463	308	24	"	"	PUNCT
ftr-463	308	25	)	)	PUNCT
ftr-463	308	26	.	.	PUNCT
ftr-463	309	1	see	see	VERB
ftr-463	309	2	generally	generally	ADV
ftr-463	309	3	henry	henry	PROPN
ftr-463	309	4	winthrop	winthrop	PROPN
ftr-463	309	5	ballantine	ballantine	PROPN
ftr-463	309	6	,	,	PUNCT
ftr-463	309	7	ballantine	ballantine	PROPN
ftr-463	309	8	on	on	ADP
ftr-463	309	9	corporations	corporation	NOUN
ftr-463	309	10	§	§	PROPN
ftr-463	309	11	291	291	NUM
ftr-463	309	12	at	at	ADP
ftr-463	309	13	686	686	NUM
ftr-463	309	14	(	(	PUNCT
ftr-463	309	15	1946	1946	NUM
ftr-463	309	16	)	)	PUNCT
ftr-463	309	17	;	;	PUNCT
ftr-463	309	18	comment	comment	NOUN
ftr-463	309	19	,	,	PUNCT
ftr-463	309	20	corporate	corporate	ADJ
ftr-463	309	21	reorganization	reorganization	NOUN
ftr-463	309	22	to	to	PART
ftr-463	309	23	avoid	avoid	VERB
ftr-463	309	24	payment	payment	NOUN
ftr-463	309	25	of	of	ADP
ftr-463	309	26	income	income	NOUN
ftr-463	309	27	tax	tax	NOUN
ftr-463	309	28	,	,	PUNCT
ftr-463	309	29	45	45	NUM
ftr-463	309	30	yale	yale	PROPN
ftr-463	309	31	l.j	l.j	PROPN
ftr-463	309	32	.	.	PROPN
ftr-463	309	33	134	134	NUM
ftr-463	309	34	,	,	PUNCT
ftr-463	309	35	141	141	NUM
ftr-463	309	36	&	&	CCONJ
ftr-463	309	37	n.48	n.48	PROPN
ftr-463	309	38	(	(	PUNCT
ftr-463	309	39	1935	1935	NUM
ftr-463	309	40	)	)	PUNCT
ftr-463	309	41	.	.	PUNCT
ftr-463	310	1	[	[	X
ftr-463	310	2	vol	vol	NOUN
ftr-463	310	3	3:5	3:5	NUM
ftr-463	310	4	1996	1996	NUM
ftr-463	310	5	]	]	PUNCT
ftr-463	310	6	devolution	devolution	NOUN
ftr-463	310	7	&	&	CCONJ
ftr-463	310	8	ievitable	ievitable	ADJ
ftr-463	310	9	extinction	extinction	NOUN
ftr-463	310	10	of	of	ADP
ftr-463	310	11	the	the	DET
ftr-463	310	12	contbiuity	contbiuity	NOUN
ftr-463	310	13	of	of	ADP
ftr-463	310	14	interest	interest	NOUN
ftr-463	310	15	doctrine	doctrine	NOUN
ftr-463	310	16	201	201	NUM
ftr-463	310	17	congress	congress	PROPN
ftr-463	310	18	confirmed	confirm	VERB
ftr-463	310	19	that	that	SCONJ
ftr-463	310	20	for	for	ADP
ftr-463	310	21	statutory	statutory	ADJ
ftr-463	310	22	mergers	merger	NOUN
ftr-463	310	23	and	and	CCONJ
ftr-463	310	24	consolidations	consolidation	NOUN
ftr-463	310	25	,	,	PUNCT
ftr-463	310	26	the	the	DET
ftr-463	310	27	state	state	NOUN
ftr-463	310	28	requirements	requirement	NOUN
ftr-463	310	29	,	,	PUNCT
ftr-463	310	30	such	such	ADJ
ftr-463	310	31	as	as	ADP
ftr-463	310	32	a	a	DET
ftr-463	310	33	formal	formal	ADJ
ftr-463	310	34	plan	plan	NOUN
ftr-463	310	35	of	of	ADP
ftr-463	310	36	merger	merger	NOUN
ftr-463	310	37	,	,	PUNCT
ftr-463	310	38	shareholder	shareholder	NOUN
ftr-463	310	39	vote	vote	NOUN
ftr-463	310	40	,	,	PUNCT
ftr-463	310	41	and	and	CCONJ
ftr-463	310	42	dissenters	dissenter	NOUN
ftr-463	310	43	'	'	PART
ftr-463	310	44	rights	right	NOUN
ftr-463	310	45	,	,	PUNCT
ftr-463	310	46	and	and	CCONJ
ftr-463	310	47	the	the	DET
ftr-463	310	48	consequences	consequence	NOUN
ftr-463	310	49	-	-	PUNCT
ftr-463	310	50	such	such	ADJ
ftr-463	310	51	as	as	ADP
ftr-463	310	52	liability	liability	NOUN
ftr-463	310	53	for	for	ADP
ftr-463	310	54	the	the	DET
ftr-463	310	55	target	target	NOUN
ftr-463	310	56	's	's	PART
ftr-463	310	57	legal	legal	ADJ
ftr-463	310	58	obligations	obligation	NOUN
ftr-463	310	59	-	-	PUNCT
ftr-463	310	60	were	be	AUX
ftr-463	310	61	sufficient	sufficient	ADJ
ftr-463	310	62	to	to	PART
ftr-463	310	63	distinguish	distinguish	VERB
ftr-463	310	64	those	those	DET
ftr-463	310	65	transactions	transaction	NOUN
ftr-463	310	66	from	from	ADP
ftr-463	310	67	sales	sale	NOUN
ftr-463	310	68	,	,	PUNCT
ftr-463	310	69	and	and	CCONJ
ftr-463	310	70	that	that	SCONJ
ftr-463	310	71	any	any	DET
ftr-463	310	72	requirements	requirement	NOUN
ftr-463	310	73	as	as	ADP
ftr-463	310	74	to	to	ADP
ftr-463	310	75	the	the	DET
ftr-463	310	76	nature	nature	NOUN
ftr-463	310	77	of	of	ADP
ftr-463	310	78	the	the	DET
ftr-463	310	79	consideration	consideration	NOUN
ftr-463	310	80	would	would	AUX
ftr-463	310	81	be	be	AUX
ftr-463	310	82	defined	define	VERB
ftr-463	310	83	by	by	ADP
ftr-463	310	84	state	state	PROPN
ftr-463	310	85	law.40	law.40	PROPN
ftr-463	310	86	d.	d.	PROPN
ftr-463	310	87	deadwood	deadwood	PROPN
ftr-463	310	88	decisions	decision	NOUN
ftr-463	310	89	:	:	PUNCT
ftr-463	310	90	post-1934	post-1934	NOUN
ftr-463	310	91	cases	case	VERB
ftr-463	310	92	interpreting	interpret	VERB
ftr-463	310	93	pre-1934	pre-1934	NOUN
ftr-463	310	94	law	law	NOUN
ftr-463	310	95	following	follow	VERB
ftr-463	310	96	the	the	DET
ftr-463	310	97	1934	1934	NUM
ftr-463	310	98	act	act	NOUN
ftr-463	310	99	and	and	CCONJ
ftr-463	310	100	until	until	ADP
ftr-463	310	101	at	at	ADP
ftr-463	310	102	least	least	ADJ
ftr-463	310	103	1940	1940	NUM
ftr-463	310	104	,	,	PUNCT
ftr-463	310	105	the	the	DET
ftr-463	310	106	judicial	judicial	ADJ
ftr-463	310	107	continuity	continuity	NOUN
ftr-463	310	108	of	of	ADP
ftr-463	310	109	interest	interest	NOUN
ftr-463	310	110	doctrine	doctrine	NOUN
ftr-463	310	111	continued	continue	VERB
ftr-463	310	112	to	to	PART
ftr-463	310	113	be	be	AUX
ftr-463	310	114	applied	apply	VERB
ftr-463	310	115	as	as	ADP
ftr-463	310	116	cases	case	NOUN
ftr-463	310	117	involving	involve	VERB
ftr-463	310	118	tax	tax	NOUN
ftr-463	310	119	years	year	NOUN
ftr-463	310	120	before	before	ADP
ftr-463	310	121	1934	1934	NUM
ftr-463	310	122	advanced	advance	VERB
ftr-463	310	123	through	through	ADP
ftr-463	310	124	the	the	DET
ftr-463	310	125	courts	court	NOUN
ftr-463	310	126	.	.	PUNCT
ftr-463	311	1	these	these	DET
ftr-463	311	2	cases	case	NOUN
ftr-463	311	3	were	be	AUX
ftr-463	311	4	entirely	entirely	ADV
ftr-463	311	5	faithful	faithful	ADJ
ftr-463	311	6	to	to	ADP
ftr-463	311	7	three	three	NUM
ftr-463	311	8	principles	principle	NOUN
ftr-463	311	9	deriving	derive	VERB
ftr-463	311	10	from	from	ADP
ftr-463	311	11	the	the	DET
ftr-463	311	12	cortland	cortland	PROPN
ftr-463	311	13	and	and	CCONJ
ftr-463	311	14	pinellas	pinellas	PROPN
ftr-463	311	15	decisions	decision	NOUN
ftr-463	311	16	.	.	PUNCT
ftr-463	312	1	first	first	ADV
ftr-463	312	2	,	,	PUNCT
ftr-463	312	3	although	although	SCONJ
ftr-463	312	4	the	the	DET
ftr-463	312	5	literal	literal	ADJ
ftr-463	312	6	language	language	NOUN
ftr-463	312	7	of	of	ADP
ftr-463	312	8	the	the	DET
ftr-463	312	9	parenthetical	parenthetical	ADJ
ftr-463	312	10	describing	describe	VERB
ftr-463	312	11	b	b	PROPN
ftr-463	312	12	and	and	CCONJ
ftr-463	312	13	c	c	PROPN
ftr-463	312	14	reorganizations	reorganization	NOUN
ftr-463	312	15	would	would	AUX
ftr-463	312	16	permit	permit	VERB
ftr-463	312	17	tax	tax	NOUN
ftr-463	312	18	-	-	PUNCT
ftr-463	312	19	free	free	ADJ
ftr-463	312	20	treatment	treatment	NOUN
ftr-463	312	21	to	to	ADP
ftr-463	312	22	a	a	DET
ftr-463	312	23	target	target	NOUN
ftr-463	312	24	upon	upon	SCONJ
ftr-463	312	25	a	a	DET
ftr-463	312	26	"	"	PUNCT
ftr-463	312	27	sale	sale	NOUN
ftr-463	312	28	"	"	PUNCT
ftr-463	312	29	of	of	ADP
ftr-463	312	30	substantially	substantially	ADV
ftr-463	312	31	all	all	PRON
ftr-463	312	32	of	of	ADP
ftr-463	312	33	its	its	PRON
ftr-463	312	34	assets	asset	NOUN
ftr-463	312	35	-	-	PUNCT
ftr-463	312	36	regardless	regardless	ADV
ftr-463	312	37	of	of	ADP
ftr-463	312	38	the	the	DET
ftr-463	312	39	consideration	consideration	NOUN
ftr-463	312	40	-	-	PUNCT
ftr-463	312	41	the	the	DET
ftr-463	312	42	parenthetical	parenthetical	NOUN
ftr-463	312	43	should	should	AUX
ftr-463	312	44	be	be	AUX
ftr-463	312	45	read	read	VERB
ftr-463	312	46	to	to	PART
ftr-463	312	47	require	require	VERB
ftr-463	312	48	consideration	consideration	NOUN
ftr-463	312	49	that	that	PRON
ftr-463	312	50	is	be	AUX
ftr-463	312	51	consistent	consistent	ADJ
ftr-463	312	52	with	with	ADP
ftr-463	312	53	a	a	DET
ftr-463	312	54	statutory	statutory	ADJ
ftr-463	312	55	merger	merger	NOUN
ftr-463	312	56	or	or	CCONJ
ftr-463	312	57	consolidation.4	consolidation.4	NOUN
ftr-463	312	58	'	'	PUNCT
ftr-463	312	59	second	second	ADJ
ftr-463	312	60	,	,	PUNCT
ftr-463	312	61	the	the	DET
ftr-463	312	62	cases	case	NOUN
ftr-463	312	63	were	be	AUX
ftr-463	312	64	consistent	consistent	ADJ
ftr-463	312	65	with	with	ADP
ftr-463	312	66	the	the	DET
ftr-463	312	67	view	view	NOUN
ftr-463	312	68	that	that	SCONJ
ftr-463	312	69	the	the	DET
ftr-463	312	70	continuity	continuity	NOUN
ftr-463	312	71	of	of	ADP
ftr-463	312	72	interest	interest	NOUN
ftr-463	312	73	required	require	VERB
ftr-463	312	74	for	for	ADP
ftr-463	312	75	transactions	transaction	NOUN
ftr-463	312	76	described	describe	VERB
ftr-463	312	77	in	in	ADP
ftr-463	312	78	the	the	DET
ftr-463	312	79	parenthetical	parenthetical	ADJ
ftr-463	312	80	describing	describe	VERB
ftr-463	312	81	b	b	PROPN
ftr-463	312	82	and	and	CCONJ
ftr-463	312	83	c	c	PROPN
ftr-463	312	84	reorganizations	reorganization	NOUN
ftr-463	312	85	was	be	AUX
ftr-463	312	86	not	not	PART
ftr-463	312	87	required	require	VERB
ftr-463	312	88	for	for	ADP
ftr-463	312	89	other	other	ADJ
ftr-463	312	90	reorganization	reorganization	NOUN
ftr-463	312	91	transactions	transaction	NOUN
ftr-463	312	92	.	.	PUNCT
ftr-463	313	1	for	for	ADP
ftr-463	313	2	example	example	NOUN
ftr-463	313	3	,	,	PUNCT
ftr-463	313	4	in	in	ADP
ftr-463	313	5	schoo	schoo	PROPN
ftr-463	313	6	i.	i.	PROPN
ftr-463	313	7	commissioner,2	commissioner,2	NOUN
ftr-463	313	8	the	the	DET
ftr-463	313	9	court	court	NOUN
ftr-463	313	10	held	hold	VERB
ftr-463	313	11	that	that	SCONJ
ftr-463	313	12	the	the	DET
ftr-463	313	13	exchange	exchange	NOUN
ftr-463	313	14	of	of	ADP
ftr-463	313	15	preferred	preferred	ADJ
ftr-463	313	16	stock	stock	NOUN
ftr-463	313	17	for	for	ADP
ftr-463	313	18	25	25	NUM
ftr-463	313	19	-	-	PUNCT
ftr-463	313	20	year	year	NOUN
ftr-463	313	21	bonds	bond	NOUN
ftr-463	313	22	in	in	ADP
ftr-463	313	23	a	a	DET
ftr-463	313	24	recapitalization	recapitalization	NOUN
ftr-463	313	25	was	be	AUX
ftr-463	313	26	a	a	DET
ftr-463	313	27	reorganization	reorganization	NOUN
ftr-463	313	28	,	,	PUNCT
ftr-463	313	29	even	even	ADV
ftr-463	313	30	though	though	SCONJ
ftr-463	313	31	the	the	DET
ftr-463	313	32	shareholder	shareholder	NOUN
ftr-463	313	33	's	's	PART
ftr-463	313	34	continuity	continuity	NOUN
ftr-463	313	35	of	of	ADP
ftr-463	313	36	interest	interest	NOUN
ftr-463	313	37	was	be	AUX
ftr-463	313	38	broken	break	VERB
ftr-463	313	39	by	by	ADP
ftr-463	313	40	the	the	DET
ftr-463	313	41	transaction	transaction	NOUN
ftr-463	313	42	.	.	PUNCT
ftr-463	314	1	the	the	DET
ftr-463	314	2	court	court	NOUN
ftr-463	314	3	made	make	VERB
ftr-463	314	4	clear	clear	ADJ
ftr-463	314	5	that	that	SCONJ
ftr-463	314	6	the	the	DET
ftr-463	314	7	continuity	continuity	NOUN
ftr-463	314	8	of	of	ADP
ftr-463	314	9	interest	interest	NOUN
ftr-463	314	10	requirement	requirement	NOUN
ftr-463	314	11	was	be	AUX
ftr-463	314	12	relevant	relevant	ADJ
ftr-463	314	13	only	only	ADV
ftr-463	314	14	in	in	ADP
ftr-463	314	15	determining	determine	VERB
ftr-463	314	16	whether	whether	SCONJ
ftr-463	314	17	a	a	DET
ftr-463	314	18	c	c	NOUN
ftr-463	314	19	-	-	PUNCT
ftr-463	314	20	type	type	NOUN
ftr-463	314	21	asset	asset	NOUN
ftr-463	314	22	transfer	transfer	NOUN
ftr-463	314	23	was	be	AUX
ftr-463	314	24	sufficiently	sufficiently	ADV
ftr-463	314	25	similar	similar	ADJ
ftr-463	314	26	to	to	ADP
ftr-463	314	27	a	a	DET
ftr-463	314	28	merger	merger	NOUN
ftr-463	314	29	to	to	PART
ftr-463	314	30	deserve	deserve	VERB
ftr-463	314	31	like	like	ADP
ftr-463	314	32	treatment	treatment	NOUN
ftr-463	314	33	.	.	PUNCT
ftr-463	314	34	"	"	PUNCT
ftr-463	315	1	courts	court	NOUN
ftr-463	315	2	have	have	AUX
ftr-463	315	3	long	long	ADV
ftr-463	315	4	recognized	recognize	VERB
ftr-463	315	5	that	that	SCONJ
ftr-463	315	6	the	the	DET
ftr-463	315	7	receipt	receipt	NOUN
ftr-463	315	8	of	of	ADP
ftr-463	315	9	voting	vote	VERB
ftr-463	315	10	stock	stock	NOUN
ftr-463	315	11	is	be	AUX
ftr-463	315	12	not	not	PART
ftr-463	315	13	necessary	necessary	ADJ
ftr-463	315	14	in	in	ADP
ftr-463	315	15	a	a	DET
ftr-463	315	16	statutory	statutory	ADJ
ftr-463	315	17	merger	merger	NOUN
ftr-463	315	18	.	.	PUNCT
ftr-463	316	1	see	see	VERB
ftr-463	316	2	,	,	PUNCT
ftr-463	316	3	e.g.	e.g.	ADV
ftr-463	316	4	,	,	PUNCT
ftr-463	316	5	john	john	PROPN
ftr-463	316	6	a.	a.	PROPN
ftr-463	316	7	nelson	nelson	PROPN
ftr-463	316	8	co.	co.	PROPN
ftr-463	317	1	v.	v.	ADP
ftr-463	317	2	helvering	helvere	VERB
ftr-463	317	3	,	,	PUNCT
ftr-463	317	4	296	296	NUM
ftr-463	317	5	u.s	u.s	PROPN
ftr-463	317	6	.	.	PROPN
ftr-463	317	7	374	374	NUM
ftr-463	317	8	(	(	PUNCT
ftr-463	317	9	1935	1935	NUM
ftr-463	317	10	)	)	PUNCT
ftr-463	317	11	.	.	PUNCT
ftr-463	318	1	40	40	NUM
ftr-463	318	2	.	.	PUNCT
ftr-463	319	1	see	see	VERB
ftr-463	319	2	satterlee	satterlee	PROPN
ftr-463	319	3	,	,	PUNCT
ftr-463	319	4	supra	supra	PROPN
ftr-463	319	5	note	note	PROPN
ftr-463	319	6	37	37	NUM
ftr-463	319	7	,	,	PUNCT
ftr-463	319	8	at	at	ADP
ftr-463	319	9	688	688	NUM
ftr-463	319	10	(	(	PUNCT
ftr-463	319	11	"	"	PUNCT
ftr-463	319	12	the	the	DET
ftr-463	319	13	history	history	NOUN
ftr-463	319	14	and	and	CCONJ
ftr-463	319	15	structure	structure	NOUN
ftr-463	319	16	of	of	ADP
ftr-463	319	17	the	the	DET
ftr-463	319	18	reorganization	reorganization	NOUN
ftr-463	319	19	provisions	provision	NOUN
ftr-463	319	20	prior	prior	ADV
ftr-463	319	21	to	to	ADP
ftr-463	319	22	the	the	DET
ftr-463	319	23	revenue	revenue	NOUN
ftr-463	319	24	act	act	NOUN
ftr-463	319	25	of	of	ADP
ftr-463	319	26	1934	1934	NUM
ftr-463	319	27	indicate	indicate	VERB
ftr-463	319	28	that	that	SCONJ
ftr-463	319	29	any	any	DET
ftr-463	319	30	requirement	requirement	NOUN
ftr-463	319	31	of	of	ADP
ftr-463	319	32	a	a	DET
ftr-463	319	33	continuity	continuity	NOUN
ftr-463	319	34	of	of	ADP
ftr-463	319	35	interest	interest	NOUN
ftr-463	319	36	was	be	AUX
ftr-463	319	37	consciously	consciously	ADV
ftr-463	319	38	and	and	CCONJ
ftr-463	319	39	advisedly	advisedly	ADV
ftr-463	319	40	omitted	omit	VERB
ftr-463	319	41	from	from	ADP
ftr-463	319	42	the	the	DET
ftr-463	319	43	definition	definition	NOUN
ftr-463	319	44	of	of	ADP
ftr-463	319	45	reorganization	reorganization	NOUN
ftr-463	319	46	in	in	ADP
ftr-463	319	47	clause	clause	NOUN
ftr-463	319	48	a	a	DET
ftr-463	319	49	"	"	PUNCT
ftr-463	319	50	)	)	PUNCT
ftr-463	319	51	.	.	PUNCT
ftr-463	320	1	41	41	NUM
ftr-463	320	2	.	.	PUNCT
ftr-463	321	1	helvering	helvere	VERB
ftr-463	321	2	v.	v.	ADP
ftr-463	321	3	minnesota	minnesota	PROPN
ftr-463	321	4	tea	tea	PROPN
ftr-463	321	5	co.	co.	PROPN
ftr-463	321	6	,	,	PUNCT
ftr-463	321	7	296	296	NUM
ftr-463	321	8	u.s	u.s	PROPN
ftr-463	321	9	.	.	PROPN
ftr-463	321	10	378	378	NUM
ftr-463	321	11	,	,	PUNCT
ftr-463	321	12	385	385	NUM
ftr-463	321	13	(	(	PUNCT
ftr-463	321	14	1935	1935	NUM
ftr-463	321	15	)	)	PUNCT
ftr-463	321	16	(	(	PUNCT
ftr-463	321	17	target	target	NOUN
ftr-463	321	18	or	or	CCONJ
ftr-463	321	19	its	its	PRON
ftr-463	321	20	shareholders	shareholder	NOUN
ftr-463	321	21	must	must	AUX
ftr-463	321	22	acquire	acquire	VERB
ftr-463	321	23	a	a	DET
ftr-463	321	24	"	"	PUNCT
ftr-463	321	25	definite	definite	ADJ
ftr-463	321	26	"	"	PUNCT
ftr-463	321	27	and	and	CCONJ
ftr-463	321	28	"	"	PUNCT
ftr-463	321	29	material	material	NOUN
ftr-463	321	30	"	"	PUNCT
ftr-463	321	31	interest	interest	NOUN
ftr-463	321	32	in	in	ADP
ftr-463	321	33	acquiror	acquiror	NOUN
ftr-463	321	34	"	"	PUNCT
ftr-463	321	35	in	in	ADP
ftr-463	321	36	order	order	NOUN
ftr-463	321	37	that	that	SCONJ
ftr-463	321	38	the	the	DET
ftr-463	321	39	result	result	NOUN
ftr-463	321	40	accomplished	accomplish	VERB
ftr-463	321	41	may	may	AUX
ftr-463	321	42	genuinely	genuinely	ADV
ftr-463	321	43	partake	partake	VERB
ftr-463	321	44	of	of	ADP
ftr-463	321	45	the	the	DET
ftr-463	321	46	nature	nature	NOUN
ftr-463	321	47	of	of	ADP
ftr-463	321	48	merger	merger	NOUN
ftr-463	321	49	or	or	CCONJ
ftr-463	321	50	consolidation	consolidation	NOUN
ftr-463	321	51	"	"	PUNCT
ftr-463	321	52	)	)	PUNCT
ftr-463	321	53	;	;	PUNCT
ftr-463	321	54	coleman	coleman	PROPN
ftr-463	321	55	v.	v.	PROPN
ftr-463	321	56	commissioner	commissioner	PROPN
ftr-463	321	57	,	,	PUNCT
ftr-463	321	58	81	81	NUM
ftr-463	321	59	f.2d	f.2d	SYM
ftr-463	321	60	455	455	NUM
ftr-463	321	61	,	,	PUNCT
ftr-463	321	62	457	457	NUM
ftr-463	321	63	(	(	PUNCT
ftr-463	321	64	10th	10th	ADJ
ftr-463	321	65	cir	cir	NOUN
ftr-463	321	66	.	.	PUNCT
ftr-463	321	67	1936	1936	NUM
ftr-463	321	68	)	)	PUNCT
ftr-463	321	69	(	(	PUNCT
ftr-463	321	70	"	"	PUNCT
ftr-463	321	71	[	[	X
ftr-463	321	72	dlid	dlid	VERB
ftr-463	321	73	the	the	DET
ftr-463	321	74	transaction	transaction	NOUN
ftr-463	321	75	smack	smack	VERB
ftr-463	321	76	enough	enough	ADV
ftr-463	321	77	of	of	ADP
ftr-463	321	78	a	a	DET
ftr-463	321	79	'	'	PUNCT
ftr-463	321	80	merger	merger	NOUN
ftr-463	321	81	or	or	CCONJ
ftr-463	321	82	consolidation	consolidation	NOUN
ftr-463	321	83	'	'	PUNCT
ftr-463	321	84	that	that	SCONJ
ftr-463	321	85	it	it	PRON
ftr-463	321	86	can	can	AUX
ftr-463	321	87	fairly	fairly	ADV
ftr-463	321	88	be	be	AUX
ftr-463	321	89	said	say	VERB
ftr-463	321	90	to	to	PART
ftr-463	321	91	fall	fall	VERB
ftr-463	321	92	within	within	ADP
ftr-463	321	93	the	the	DET
ftr-463	321	94	parenthetical	parenthetical	ADJ
ftr-463	321	95	phrase	phrase	NOUN
ftr-463	321	96	?	?	PUNCT
ftr-463	321	97	"	"	PUNCT
ftr-463	321	98	)	)	PUNCT
ftr-463	321	99	;	;	PUNCT
ftr-463	321	100	worcester	worcester	PROPN
ftr-463	321	101	salt	salt	PROPN
ftr-463	321	102	co.	co.	PROPN
ftr-463	321	103	v.	v.	PROPN
ftr-463	321	104	commissioner	commissioner	PROPN
ftr-463	321	105	,	,	PUNCT
ftr-463	321	106	75	75	NUM
ftr-463	321	107	f.2d	f.2d	NOUN
ftr-463	321	108	251	251	NUM
ftr-463	321	109	,	,	PUNCT
ftr-463	321	110	252	252	NUM
ftr-463	321	111	(	(	PUNCT
ftr-463	321	112	2d	2d	NUM
ftr-463	321	113	cir	cir	NOUN
ftr-463	321	114	.	.	PROPN
ftr-463	321	115	1935	1935	NUM
ftr-463	321	116	)	)	PUNCT
ftr-463	321	117	(	(	PUNCT
ftr-463	321	118	-the	-the	DET
ftr-463	321	119	transaction	transaction	NOUN
ftr-463	321	120	must	must	AUX
ftr-463	321	121	at	at	ADP
ftr-463	321	122	least	least	ADJ
ftr-463	321	123	'	'	PUNCT
ftr-463	321	124	partake	partake	NOUN
ftr-463	321	125	of	of	ADP
ftr-463	321	126	the	the	DET
ftr-463	321	127	nature	nature	NOUN
ftr-463	321	128	of	of	ADP
ftr-463	321	129	a	a	DET
ftr-463	321	130	merger	merger	NOUN
ftr-463	321	131	or	or	CCONJ
ftr-463	321	132	consolidation	consolidation	NOUN
ftr-463	321	133	'	'	PUNCT
ftr-463	321	134	"	"	PUNCT
ftr-463	321	135	)	)	PUNCT
ftr-463	321	136	;	;	PUNCT
ftr-463	321	137	see	see	VERB
ftr-463	321	138	john	john	PROPN
ftr-463	321	139	a.	a.	PROPN
ftr-463	321	140	nelson	nelson	PROPN
ftr-463	321	141	co.	co.	PROPN
ftr-463	322	1	v.	v.	ADP
ftr-463	322	2	helvering	helvere	VERB
ftr-463	322	3	,	,	PUNCT
ftr-463	322	4	296	296	NUM
ftr-463	322	5	u.s	u.s	PROPN
ftr-463	322	6	.	.	PROPN
ftr-463	322	7	374	374	NUM
ftr-463	322	8	(	(	PUNCT
ftr-463	322	9	1935	1935	NUM
ftr-463	322	10	)	)	PUNCT
ftr-463	322	11	(	(	PUNCT
ftr-463	322	12	nonvoting	nonvote	VERB
ftr-463	322	13	preferred	preferred	ADJ
ftr-463	322	14	stock	stock	NOUN
ftr-463	322	15	is	be	AUX
ftr-463	322	16	adequate	adequate	ADJ
ftr-463	322	17	consideration	consideration	NOUN
ftr-463	322	18	for	for	ADP
ftr-463	322	19	a	a	DET
ftr-463	322	20	tax	tax	NOUN
ftr-463	322	21	-	-	PUNCT
ftr-463	322	22	free	free	ADJ
ftr-463	322	23	c	c	NOUN
ftr-463	322	24	-	-	PUNCT
ftr-463	322	25	type	type	NOUN
ftr-463	322	26	asset	asset	NOUN
ftr-463	322	27	acquisition	acquisition	NOUN
ftr-463	322	28	)	)	PUNCT
ftr-463	322	29	.	.	PUNCT
ftr-463	323	1	42	42	NUM
ftr-463	323	2	.	.	X
ftr-463	324	1	47	47	NUM
ftr-463	324	2	b.t.a	b.t.a	NOUN
ftr-463	324	3	.	.	PUNCT
ftr-463	325	1	459	459	NUM
ftr-463	325	2	(	(	PUNCT
ftr-463	325	3	1942	1942	NUM
ftr-463	325	4	)	)	PUNCT
ftr-463	325	5	.	.	PUNCT
ftr-463	326	1	43	43	NUM
ftr-463	326	2	.	.	PUNCT
ftr-463	327	1	i	i	PRON
ftr-463	327	2	d.	d.	PROPN
ftr-463	327	3	at	at	ADP
ftr-463	327	4	461	461	NUM
ftr-463	327	5	;	;	PUNCT
ftr-463	327	6	see	see	VERB
ftr-463	327	7	also	also	ADV
ftr-463	327	8	commissioner	commissioner	NOUN
ftr-463	327	9	v.	v.	PROPN
ftr-463	327	10	neustadt	neustadt	PROPN
ftr-463	327	11	's	's	PART
ftr-463	327	12	trust	trust	NOUN
ftr-463	327	13	,	,	PUNCT
ftr-463	327	14	131	131	NUM
ftr-463	327	15	f.2d	f.2d	SYM
ftr-463	327	16	528	528	NUM
ftr-463	327	17	(	(	PUNCT
ftr-463	327	18	2d	2d	NUM
ftr-463	327	19	cir	cir	NOUN
ftr-463	327	20	.	.	PROPN
ftr-463	327	21	1942	1942	NUM
ftr-463	327	22	)	)	PUNCT
ftr-463	327	23	(	(	PUNCT
ftr-463	327	24	1936	1936	NUM
ftr-463	327	25	act	act	NOUN
ftr-463	327	26	)	)	PUNCT
ftr-463	327	27	;	;	PUNCT
ftr-463	327	28	crofoot	crofoot	PROPN
ftr-463	327	29	v.	v.	PROPN
ftr-463	327	30	commissioner	commissioner	PROPN
ftr-463	327	31	,	,	PUNCT
ftr-463	327	32	4	4	NUM
ftr-463	327	33	t.c	t.c	PROPN
ftr-463	327	34	.	.	PROPN
ftr-463	327	35	memo	memo	NOUN
ftr-463	327	36	(	(	PUNCT
ftr-463	327	37	cch	cch	PROPN
ftr-463	327	38	)	)	PUNCT
ftr-463	327	39	97	97	NUM
ftr-463	327	40	.	.	PUNCT
ftr-463	328	1	t.c	t.c	PROPN
ftr-463	328	2	.	.	PROPN
ftr-463	328	3	memo	memo	NOUN
ftr-463	328	4	(	(	PUNCT
ftr-463	328	5	p	p	NOUN
ftr-463	328	6	-	-	PUNCT
ftr-463	328	7	h	h	NOUN
ftr-463	328	8	)	)	PUNCT
ftr-463	328	9	florida	florida	PROPN
ftr-463	328	10	tax	tax	NOUN
ftr-463	328	11	review	review	NOUN
ftr-463	328	12	finally	finally	ADV
ftr-463	328	13	,	,	PUNCT
ftr-463	328	14	courts	court	NOUN
ftr-463	328	15	continued	continue	VERB
ftr-463	328	16	to	to	PART
ftr-463	328	17	emphasize	emphasize	VERB
ftr-463	328	18	that	that	SCONJ
ftr-463	328	19	the	the	DET
ftr-463	328	20	parenthetical	parenthetical	ADJ
ftr-463	328	21	clause	clause	NOUN
ftr-463	328	22	was	be	AUX
ftr-463	328	23	intended	intend	VERB
ftr-463	328	24	to	to	PART
ftr-463	328	25	expand	expand	VERB
ftr-463	328	26	the	the	DET
ftr-463	328	27	definition	definition	NOUN
ftr-463	328	28	of	of	ADP
ftr-463	328	29	reorganization	reorganization	NOUN
ftr-463	328	30	and	and	CCONJ
ftr-463	328	31	should	should	AUX
ftr-463	328	32	be	be	AUX
ftr-463	328	33	construed	construe	VERB
ftr-463	328	34	liberally	liberally	ADV
ftr-463	328	35	,	,	PUNCT
ftr-463	328	36	so	so	ADV
ftr-463	328	37	long	long	ADV
ftr-463	328	38	as	as	SCONJ
ftr-463	328	39	it	it	PRON
ftr-463	328	40	did	do	AUX
ftr-463	328	41	not	not	PART
ftr-463	328	42	allow	allow	VERB
ftr-463	328	43	tax	tax	NOUN
ftr-463	328	44	-	-	PUNCT
ftr-463	328	45	free	free	ADJ
ftr-463	328	46	treatment	treatment	NOUN
ftr-463	328	47	for	for	ADP
ftr-463	328	48	disguised	disguised	ADJ
ftr-463	328	49	asset	asset	NOUN
ftr-463	328	50	sales	sale	NOUN
ftr-463	328	51	.	.	PUNCT
ftr-463	329	1	for	for	ADP
ftr-463	329	2	example	example	NOUN
ftr-463	329	3	,	,	PUNCT
ftr-463	329	4	in	in	ADP
ftr-463	329	5	john	john	PROPN
ftr-463	329	6	a.	a.	PROPN
ftr-463	329	7	nelson	nelson	PROPN
ftr-463	329	8	co.	co.	PROPN
ftr-463	330	1	v.	v.	ADP
ftr-463	330	2	helvering,44	helvering,44	PROPN
ftr-463	330	3	the	the	DET
ftr-463	330	4	court	court	NOUN
ftr-463	330	5	held	hold	VERB
ftr-463	330	6	that	that	SCONJ
ftr-463	330	7	the	the	DET
ftr-463	330	8	target	target	NOUN
ftr-463	330	9	need	need	AUX
ftr-463	330	10	not	not	PART
ftr-463	330	11	receive	receive	VERB
ftr-463	330	12	voting	voting	NOUN
ftr-463	330	13	securities	security	NOUN
ftr-463	330	14	;	;	PUNCT
ftr-463	330	15	in	in	ADP
ftr-463	330	16	nelson	nelson	PROPN
ftr-463	330	17	and	and	CCONJ
ftr-463	330	18	in	in	ADP
ftr-463	330	19	helvering	helvere	VERB
ftr-463	330	20	v.	v.	ADP
ftr-463	330	21	minnesota	minnesota	PROPN
ftr-463	330	22	tea	tea	PROPN
ftr-463	330	23	co.	co.	PROPN
ftr-463	330	24	,45	,45	PUNCT
ftr-463	330	25	the	the	DET
ftr-463	330	26	court	court	NOUN
ftr-463	330	27	held	hold	VERB
ftr-463	330	28	that	that	SCONJ
ftr-463	330	29	even	even	ADV
ftr-463	330	30	though	though	SCONJ
ftr-463	330	31	a	a	DET
ftr-463	330	32	statutory	statutory	ADJ
ftr-463	330	33	merger	merger	NOUN
ftr-463	330	34	or	or	CCONJ
ftr-463	330	35	consolidation	consolidation	NOUN
ftr-463	330	36	would	would	AUX
ftr-463	330	37	generally	generally	ADV
ftr-463	330	38	require	require	VERB
ftr-463	330	39	the	the	DET
ftr-463	330	40	target	target	NOUN
ftr-463	330	41	to	to	PART
ftr-463	330	42	dissolve	dissolve	VERB
ftr-463	330	43	,	,	PUNCT
ftr-463	330	44	no	no	DET
ftr-463	330	45	such	such	ADJ
ftr-463	330	46	requirement	requirement	NOUN
ftr-463	330	47	was	be	AUX
ftr-463	330	48	imposed	impose	VERB
ftr-463	330	49	by	by	ADP
ftr-463	330	50	the	the	DET
ftr-463	330	51	parenthetical	parenthetical	NOUN
ftr-463	330	52	;	;	PUNCT
ftr-463	330	53	46	46	NUM
ftr-463	330	54	and	and	CCONJ
ftr-463	330	55	in	in	ADP
ftr-463	330	56	helvering	helvere	VERB
ftr-463	330	57	v.	v.	ADP
ftr-463	330	58	alabama	alabama	PROPN
ftr-463	330	59	asphaltic	asphaltic	PROPN
ftr-463	330	60	limestone	limestone	PROPN
ftr-463	330	61	co.	co.	PROPN
ftr-463	330	62	,47	,47	PRON
ftr-463	330	63	the	the	DET
ftr-463	330	64	court	court	NOUN
ftr-463	330	65	held	hold	VERB
ftr-463	330	66	that	that	SCONJ
ftr-463	330	67	the	the	DET
ftr-463	330	68	sale	sale	NOUN
ftr-463	330	69	by	by	ADP
ftr-463	330	70	a	a	DET
ftr-463	330	71	bankrupt	bankrupt	ADJ
ftr-463	330	72	corporation	corporation	NOUN
ftr-463	330	73	of	of	ADP
ftr-463	330	74	all	all	DET
ftr-463	330	75	its	its	PRON
ftr-463	330	76	assets	asset	NOUN
ftr-463	330	77	to	to	ADP
ftr-463	330	78	a	a	DET
ftr-463	330	79	committee	committee	NOUN
ftr-463	330	80	of	of	ADP
ftr-463	330	81	its	its	PRON
ftr-463	330	82	creditors	creditor	NOUN
ftr-463	330	83	for	for	ADP
ftr-463	330	84	cash	cash	NOUN
ftr-463	330	85	and	and	CCONJ
ftr-463	330	86	stock	stock	NOUN
ftr-463	330	87	of	of	ADP
ftr-463	330	88	a	a	DET
ftr-463	330	89	newly	newly	ADV
ftr-463	330	90	-	-	PUNCT
ftr-463	330	91	organized	organize	VERB
ftr-463	330	92	corporation	corporation	NOUN
ftr-463	330	93	owned	own	VERB
ftr-463	330	94	by	by	ADP
ftr-463	330	95	the	the	DET
ftr-463	330	96	creditors	creditor	NOUN
ftr-463	330	97	,	,	PUNCT
ftr-463	330	98	which	which	PRON
ftr-463	330	99	the	the	DET
ftr-463	330	100	bankrupt	bankrupt	ADJ
ftr-463	330	101	corporation	corporation	NOUN
ftr-463	330	102	,	,	PUNCT
ftr-463	330	103	in	in	ADP
ftr-463	330	104	turn	turn	NOUN
ftr-463	330	105	,	,	PUNCT
ftr-463	330	106	distributed	distribute	VERB
ftr-463	330	107	to	to	ADP
ftr-463	330	108	its	its	PRON
ftr-463	330	109	creditors	creditor	NOUN
ftr-463	330	110	in	in	ADP
ftr-463	330	111	satisfaction	satisfaction	NOUN
ftr-463	330	112	of	of	ADP
ftr-463	330	113	its	its	PRON
ftr-463	330	114	debts	debt	NOUN
ftr-463	330	115	,	,	PUNCT
ftr-463	330	116	constituted	constitute	VERB
ftr-463	330	117	a	a	DET
ftr-463	330	118	tax	tax	NOUN
ftr-463	330	119	-	-	PUNCT
ftr-463	330	120	free	free	ADJ
ftr-463	330	121	reorganization	reorganization	NOUN
ftr-463	330	122	.	.	PUNCT
ftr-463	331	1	in	in	ADP
ftr-463	331	2	alabama	alabama	PROPN
ftr-463	331	3	asphaltic	asphaltic	PROPN
ftr-463	331	4	,	,	PUNCT
ftr-463	331	5	the	the	DET
ftr-463	331	6	court	court	NOUN
ftr-463	331	7	disabused	disabuse	VERB
ftr-463	331	8	the	the	DET
ftr-463	331	9	view	view	NOUN
ftr-463	331	10	,	,	PUNCT
ftr-463	331	11	"	"	PUNCT
ftr-463	331	12	followed	follow	VERB
ftr-463	331	13	by	by	ADP
ftr-463	331	14	some	some	DET
ftr-463	331	15	courts	court	NOUN
ftr-463	331	16	,	,	PUNCT
ftr-463	331	17	"	"	PUNCT
ftr-463	331	18	that	that	SCONJ
ftr-463	331	19	"	"	PUNCT
ftr-463	331	20	a	a	DET
ftr-463	331	21	substantial	substantial	ADJ
ftr-463	331	22	ownership	ownership	NOUN
ftr-463	331	23	interest	interest	NOUN
ftr-463	331	24	in	in	ADP
ftr-463	331	25	the	the	DET
ftr-463	331	26	transferee	transferee	PROPN
ftr-463	331	27	company	company	NOUN
ftr-463	331	28	must	must	AUX
ftr-463	331	29	be	be	AUX
ftr-463	331	30	retained	retain	VERB
ftr-463	331	31	by	by	ADP
ftr-463	331	32	the	the	DET
ftr-463	331	33	holders	holder	NOUN
ftr-463	331	34	of	of	ADP
ftr-463	331	35	the	the	DET
ftr-463	331	36	ownership	ownership	NOUN
ftr-463	331	37	interest	interest	NOUN
ftr-463	331	38	in	in	ADP
ftr-463	331	39	the	the	DET
ftr-463	331	40	transferor	transferor	NOUN
ftr-463	331	41	.	.	PUNCT
ftr-463	332	1	,	,	PUNCT
ftr-463	332	2	48	48	NUM
ftr-463	332	3	stressing	stress	VERB
ftr-463	332	4	once	once	ADV
ftr-463	332	5	again	again	ADV
ftr-463	332	6	that	that	SCONJ
ftr-463	332	7	reorganizations	reorganization	NOUN
ftr-463	332	8	include	include	VERB
ftr-463	332	9	"	"	PUNCT
ftr-463	332	10	transactions	transaction	NOUN
ftr-463	332	11	which	which	PRON
ftr-463	332	12	are	be	AUX
ftr-463	332	13	beyond	beyond	ADP
ftr-463	332	14	the	the	DET
ftr-463	332	15	ordinary	ordinary	ADJ
ftr-463	332	16	and	and	CCONJ
ftr-463	332	17	commonly	commonly	ADV
ftr-463	332	18	accepted	accept	VERB
ftr-463	332	19	meanings	meaning	NOUN
ftr-463	332	20	of	of	ADP
ftr-463	332	21	[	[	X
ftr-463	332	22	merger	merger	NOUN
ftr-463	332	23	and	and	CCONJ
ftr-463	332	24	consolidation	consolidation	NOUN
ftr-463	332	25	]	]	PUNCT
ftr-463	332	26	,	,	PUNCT
ftr-463	332	27	"	"	PUNCT
ftr-463	332	28	the	the	DET
ftr-463	332	29	court	court	NOUN
ftr-463	332	30	held	hold	VERB
ftr-463	332	31	that	that	SCONJ
ftr-463	332	32	the	the	DET
ftr-463	332	33	insolvent	insolvent	ADJ
ftr-463	332	34	target	target	NOUN
ftr-463	332	35	's	's	PART
ftr-463	332	36	distribution	distribution	NOUN
ftr-463	332	37	of	of	ADP
ftr-463	332	38	the	the	DET
ftr-463	332	39	acquiror	acquiror	NOUN
ftr-463	332	40	stock	stock	NOUN
ftr-463	332	41	to	to	ADP
ftr-463	332	42	its	its	PRON
ftr-463	332	43	bondholders	bondholder	NOUN
ftr-463	332	44	was	be	AUX
ftr-463	332	45	sufficiently	sufficiently	ADV
ftr-463	332	46	similar	similar	ADJ
ftr-463	332	47	to	to	ADP
ftr-463	332	48	the	the	DET
ftr-463	332	49	analogous	analogous	ADJ
ftr-463	332	50	distribution	distribution	NOUN
ftr-463	332	51	by	by	ADP
ftr-463	332	52	a	a	DET
ftr-463	332	53	solvent	solvent	ADJ
ftr-463	332	54	target	target	NOUN
ftr-463	332	55	to	to	ADP
ftr-463	332	56	its	its	PRON
ftr-463	332	57	shareholders	shareholder	NOUN
ftr-463	332	58	to	to	PART
ftr-463	332	59	warrant	warrant	VERB
ftr-463	332	60	tax	tax	NOUN
ftr-463	332	61	-	-	PUNCT
ftr-463	332	62	free	free	ADJ
ftr-463	332	63	treatment	treatment	NOUN
ftr-463	332	64	for	for	ADP
ftr-463	332	65	the	the	DET
ftr-463	332	66	target	target	NOUN
ftr-463	332	67	on	on	ADP
ftr-463	332	68	the	the	DET
ftr-463	332	69	transfer	transfer	NOUN
ftr-463	332	70	of	of	ADP
ftr-463	332	71	its	its	PRON
ftr-463	332	72	assets	asset	NOUN
ftr-463	332	73	.	.	PUNCT
ftr-463	333	1	nevertheless	nevertheless	ADV
ftr-463	333	2	,	,	PUNCT
ftr-463	333	3	three	three	NUM
ftr-463	333	4	deadwood	deadwood	PROPN
ftr-463	333	5	supreme	supreme	PROPN
ftr-463	333	6	court	court	PROPN
ftr-463	333	7	decisions	decision	NOUN
ftr-463	333	8	,	,	PUNCT
ftr-463	333	9	while	while	SCONJ
ftr-463	333	10	consistent	consistent	ADJ
ftr-463	333	11	with	with	ADP
ftr-463	333	12	the	the	DET
ftr-463	333	13	narrow	narrow	ADJ
ftr-463	333	14	purposes	purpose	NOUN
ftr-463	333	15	of	of	ADP
ftr-463	333	16	the	the	DET
ftr-463	333	17	judicial	judicial	ADJ
ftr-463	333	18	doctrine	doctrine	NOUN
ftr-463	333	19	as	as	SCONJ
ftr-463	333	20	applied	apply	VERB
ftr-463	333	21	under	under	ADP
ftr-463	333	22	the	the	DET
ftr-463	333	23	pre-1934	pre-1934	NOUN
ftr-463	333	24	statute	statute	PROPN
ftr-463	333	25	,	,	PUNCT
ftr-463	333	26	were	be	AUX
ftr-463	333	27	subsequently	subsequently	ADV
ftr-463	333	28	-	-	PUNCT
ftr-463	333	29	and	and	CCONJ
ftr-463	333	30	unfortunately	unfortunately	ADV
ftr-463	333	31	-	-	PUNCT
ftr-463	333	32	interpreted	interpret	VERB
ftr-463	333	33	as	as	ADP
ftr-463	333	34	dramatically	dramatically	ADV
ftr-463	333	35	expanding	expand	VERB
ftr-463	333	36	the	the	DET
ftr-463	333	37	continuity	continuity	NOUN
ftr-463	333	38	of	of	ADP
ftr-463	333	39	interest	interest	NOUN
ftr-463	333	40	requirement	requirement	NOUN
ftr-463	333	41	and	and	CCONJ
ftr-463	333	42	sparking	spark	VERB
ftr-463	333	43	resurrection	resurrection	NOUN
ftr-463	333	44	of	of	ADP
ftr-463	333	45	the	the	DET
ftr-463	333	46	judicial	judicial	ADJ
ftr-463	333	47	doctrine	doctrine	NOUN
ftr-463	333	48	under	under	ADP
ftr-463	333	49	post-1934	post-1934	NOUN
ftr-463	333	50	law	law	NOUN
ftr-463	333	51	.	.	PUNCT
ftr-463	334	1	45,036	45,036	NUM
ftr-463	334	2	(	(	PUNCT
ftr-463	334	3	1945	1945	NUM
ftr-463	334	4	)	)	PUNCT
ftr-463	334	5	;	;	PUNCT
ftr-463	334	6	annis	annis	PROPN
ftr-463	334	7	furs	furs	PROPN
ftr-463	334	8	,	,	PUNCT
ftr-463	334	9	inc	inc	PROPN
ftr-463	334	10	.	.	PROPN
ftr-463	335	1	v.	v.	PROPN
ftr-463	335	2	commissioner	commissioner	PROPN
ftr-463	335	3	,	,	PUNCT
ftr-463	335	4	2	2	NUM
ftr-463	335	5	t.c	t.c	PROPN
ftr-463	335	6	.	.	PROPN
ftr-463	335	7	1096	1096	NUM
ftr-463	335	8	(	(	PUNCT
ftr-463	335	9	1943	1943	NUM
ftr-463	335	10	)	)	PUNCT
ftr-463	335	11	(	(	PUNCT
ftr-463	335	12	1934	1934	NUM
ftr-463	335	13	act	act	NOUN
ftr-463	335	14	)	)	PUNCT
ftr-463	335	15	;	;	PUNCT
ftr-463	335	16	kirby	kirby	PROPN
ftr-463	335	17	v.	v.	PROPN
ftr-463	335	18	commissioner	commissioner	PROPN
ftr-463	335	19	,	,	PUNCT
ftr-463	335	20	35	35	NUM
ftr-463	335	21	b.t.a	b.t.a	NOUN
ftr-463	335	22	.	.	PUNCT
ftr-463	336	1	578	578	NUM
ftr-463	336	2	(	(	PUNCT
ftr-463	336	3	1937	1937	NUM
ftr-463	336	4	)	)	PUNCT
ftr-463	336	5	(	(	PUNCT
ftr-463	336	6	1926	1926	NUM
ftr-463	336	7	act	act	NOUN
ftr-463	336	8	and	and	CCONJ
ftr-463	336	9	1928	1928	NUM
ftr-463	336	10	act	act	NOUN
ftr-463	336	11	)	)	PUNCT
ftr-463	336	12	,	,	PUNCT
ftr-463	336	13	modified	modify	VERB
ftr-463	336	14	on	on	ADP
ftr-463	336	15	other	other	ADJ
ftr-463	336	16	grounds	ground	NOUN
ftr-463	336	17	,	,	PUNCT
ftr-463	336	18	102	102	NUM
ftr-463	336	19	f.2d	f.2d	NOUN
ftr-463	336	20	115	115	NUM
ftr-463	336	21	(	(	PUNCT
ftr-463	336	22	1939	1939	NUM
ftr-463	336	23	)	)	PUNCT
ftr-463	336	24	.	.	PUNCT
ftr-463	337	1	as	as	SCONJ
ftr-463	337	2	discussed	discuss	VERB
ftr-463	337	3	below	below	ADV
ftr-463	337	4	,	,	PUNCT
ftr-463	337	5	the	the	DET
ftr-463	337	6	judicial	judicial	ADJ
ftr-463	337	7	continuity	continuity	NOUN
ftr-463	337	8	doctrine	doctrine	NOUN
ftr-463	337	9	was	be	AUX
ftr-463	337	10	not	not	PART
ftr-463	337	11	applied	apply	VERB
ftr-463	337	12	to	to	ADP
ftr-463	337	13	d	d	NOUN
ftr-463	337	14	reorganizations	reorganization	NOUN
ftr-463	337	15	under	under	ADP
ftr-463	337	16	post-1934	post-1934	NOUN
ftr-463	337	17	law	law	NOUN
ftr-463	337	18	.	.	PUNCT
ftr-463	338	1	see	see	VERB
ftr-463	338	2	infra	infra	NOUN
ftr-463	338	3	notes	note	VERB
ftr-463	338	4	73	73	NUM
ftr-463	338	5	-	-	SYM
ftr-463	338	6	74	74	NUM
ftr-463	338	7	and	and	CCONJ
ftr-463	338	8	accompanying	accompany	VERB
ftr-463	338	9	text	text	NOUN
ftr-463	338	10	.	.	PUNCT
ftr-463	339	1	44	44	NUM
ftr-463	339	2	.	.	PUNCT
ftr-463	340	1	296	296	NUM
ftr-463	340	2	u.s	u.s	PROPN
ftr-463	340	3	.	.	PROPN
ftr-463	340	4	374	374	NUM
ftr-463	340	5	(	(	PUNCT
ftr-463	340	6	1935	1935	NUM
ftr-463	340	7	)	)	PUNCT
ftr-463	340	8	.	.	PUNCT
ftr-463	341	1	see	see	AUX
ftr-463	341	2	also	also	ADV
ftr-463	341	3	united	united	PROPN
ftr-463	341	4	states	states	PROPN
ftr-463	341	5	v.	v.	ADP
ftr-463	341	6	adkins	adkins	PROPN
ftr-463	341	7	-	-	PUNCT
ftr-463	341	8	phelps	phelps	PROPN
ftr-463	341	9	,	,	PUNCT
ftr-463	341	10	inc	inc	PROPN
ftr-463	341	11	.	.	PROPN
ftr-463	341	12	,	,	PUNCT
ftr-463	341	13	400	400	NUM
ftr-463	341	14	f.2d	f.2d	NUM
ftr-463	341	15	737	737	NUM
ftr-463	341	16	(	(	PUNCT
ftr-463	341	17	8th	8th	ADJ
ftr-463	341	18	cir	cir	NOUN
ftr-463	341	19	.	.	PUNCT
ftr-463	341	20	1968	1968	NUM
ftr-463	341	21	)	)	PUNCT
ftr-463	341	22	(	(	PUNCT
ftr-463	341	23	continuity	continuity	NOUN
ftr-463	341	24	satisfied	satisfied	ADJ
ftr-463	341	25	notwithstanding	notwithstanding	ADP
ftr-463	341	26	acquiror	acquiror	NOUN
ftr-463	341	27	's	's	PART
ftr-463	341	28	right	right	NOUN
ftr-463	341	29	of	of	ADP
ftr-463	341	30	first	first	ADJ
ftr-463	341	31	refusal	refusal	NOUN
ftr-463	341	32	to	to	PART
ftr-463	341	33	purchase	purchase	VERB
ftr-463	341	34	its	its	PRON
ftr-463	341	35	shares	share	NOUN
ftr-463	341	36	from	from	ADP
ftr-463	341	37	target	target	NOUN
ftr-463	341	38	shareholder	shareholder	NOUN
ftr-463	341	39	at	at	ADP
ftr-463	341	40	par	par	NOUN
ftr-463	341	41	)	)	PUNCT
ftr-463	341	42	;	;	PUNCT
ftr-463	341	43	schweitzer	schweitzer	PROPN
ftr-463	341	44	&	&	CCONJ
ftr-463	341	45	conrad	conrad	PROPN
ftr-463	341	46	,	,	PUNCT
ftr-463	341	47	inc	inc	PROPN
ftr-463	341	48	.	.	PROPN
ftr-463	342	1	v.	v.	PROPN
ftr-463	342	2	commissioner	commissioner	PROPN
ftr-463	342	3	,	,	PUNCT
ftr-463	342	4	41	41	NUM
ftr-463	342	5	b.t.a	b.t.a	NOUN
ftr-463	342	6	.	.	PROPN
ftr-463	342	7	533	533	NUM
ftr-463	342	8	(	(	PUNCT
ftr-463	342	9	1940	1940	NUM
ftr-463	342	10	)	)	PUNCT
ftr-463	342	11	(	(	PUNCT
ftr-463	342	12	nonconvertible	nonconvertible	ADJ
ftr-463	342	13	preferred	preferred	ADJ
ftr-463	342	14	stock	stock	NOUN
ftr-463	342	15	with	with	ADP
ftr-463	342	16	no	no	DET
ftr-463	342	17	right	right	NOUN
ftr-463	342	18	to	to	PART
ftr-463	342	19	vote	vote	VERB
ftr-463	342	20	,	,	PUNCT
ftr-463	342	21	redeemable	redeemable	NOUN
ftr-463	342	22	at	at	ADP
ftr-463	342	23	any	any	DET
ftr-463	342	24	time	time	NOUN
ftr-463	342	25	and	and	CCONJ
ftr-463	342	26	mandatorily	mandatorily	NOUN
ftr-463	342	27	redeemable	redeemable	NOUN
ftr-463	342	28	after	after	ADP
ftr-463	342	29	six	six	NUM
ftr-463	342	30	months	month	NOUN
ftr-463	342	31	if	if	SCONJ
ftr-463	342	32	a	a	DET
ftr-463	342	33	certain	certain	ADJ
ftr-463	342	34	level	level	NOUN
ftr-463	342	35	of	of	ADP
ftr-463	342	36	earnings	earning	NOUN
ftr-463	342	37	was	be	AUX
ftr-463	342	38	achieved	achieve	VERB
ftr-463	342	39	;	;	PUNCT
ftr-463	342	40	held	hold	VERB
ftr-463	342	41	,	,	PUNCT
ftr-463	342	42	sufficient	sufficient	ADJ
ftr-463	342	43	)	)	PUNCT
ftr-463	342	44	.	.	PUNCT
ftr-463	343	1	45	45	NUM
ftr-463	343	2	.	.	X
ftr-463	343	3	296	296	NUM
ftr-463	343	4	u.s	u.s	PROPN
ftr-463	343	5	.	.	PROPN
ftr-463	343	6	378	378	NUM
ftr-463	343	7	,	,	PUNCT
ftr-463	343	8	385	385	NUM
ftr-463	343	9	(	(	PUNCT
ftr-463	343	10	1935	1935	NUM
ftr-463	343	11	)	)	PUNCT
ftr-463	343	12	.	.	PUNCT
ftr-463	344	1	46	46	NUM
ftr-463	344	2	.	.	PUNCT
ftr-463	345	1	however	however	ADV
ftr-463	345	2	,	,	PUNCT
ftr-463	345	3	in	in	ADP
ftr-463	345	4	1984	1984	NUM
ftr-463	345	5	congress	congress	PROPN
ftr-463	345	6	legislatively	legislatively	ADV
ftr-463	345	7	imposed	impose	VERB
ftr-463	345	8	a	a	DET
ftr-463	345	9	liquidation	liquidation	NOUN
ftr-463	345	10	requirement	requirement	NOUN
ftr-463	345	11	on	on	ADP
ftr-463	345	12	targets	target	NOUN
ftr-463	345	13	in	in	ADP
ftr-463	345	14	c	c	NOUN
ftr-463	345	15	reorganizations	reorganization	NOUN
ftr-463	345	16	.	.	PUNCT
ftr-463	346	1	deficit	deficit	NOUN
ftr-463	346	2	reduction	reduction	NOUN
ftr-463	346	3	act	act	NOUN
ftr-463	346	4	of	of	ADP
ftr-463	346	5	1984	1984	NUM
ftr-463	346	6	,	,	PUNCT
ftr-463	346	7	pub	pub	NOUN
ftr-463	346	8	.	.	PUNCT
ftr-463	347	1	l.	l.	PROPN
ftr-463	347	2	no	no	INTJ
ftr-463	347	3	.	.	PROPN
ftr-463	348	1	98	98	NUM
ftr-463	348	2	-	-	SYM
ftr-463	348	3	369	369	NUM
ftr-463	348	4	,	,	PUNCT
ftr-463	348	5	§	§	PROPN
ftr-463	348	6	63(a	63(a	NUM
ftr-463	348	7	)	)	PUNCT
ftr-463	348	8	,	,	PUNCT
ftr-463	348	9	98	98	NUM
ftr-463	348	10	stat	stat	NOUN
ftr-463	348	11	.	.	PUNCT
ftr-463	349	1	494	494	NUM
ftr-463	349	2	,	,	PUNCT
ftr-463	349	3	583	583	NUM
ftr-463	349	4	(	(	PUNCT
ftr-463	349	5	adding	add	VERB
ftr-463	349	6	irc	irc	ADV
ftr-463	349	7	§	§	PROPN
ftr-463	349	8	368(a)(2)(g	368(a)(2)(g	PROPN
ftr-463	349	9	)	)	PUNCT
ftr-463	349	10	)	)	PUNCT
ftr-463	349	11	.	.	PUNCT
ftr-463	350	1	47	47	NUM
ftr-463	350	2	.	.	X
ftr-463	351	1	315	315	NUM
ftr-463	351	2	u.s	u.s	PROPN
ftr-463	351	3	.	.	PROPN
ftr-463	351	4	179	179	NUM
ftr-463	351	5	(	(	PUNCT
ftr-463	351	6	1942	1942	NUM
ftr-463	351	7	)	)	PUNCT
ftr-463	351	8	.	.	PUNCT
ftr-463	352	1	48	48	NUM
ftr-463	352	2	.	.	PUNCT
ftr-463	353	1	i	i	PRON
ftr-463	353	2	d.	d.	PROPN
ftr-463	353	3	at	at	ADP
ftr-463	353	4	183	183	NUM
ftr-463	353	5	.	.	PUNCT
ftr-463	354	1	[	[	PUNCT
ftr-463	354	2	vol	vol	NOUN
ftr-463	354	3	3:5	3:5	NUM
ftr-463	354	4	1996	1996	NUM
ftr-463	354	5	]	]	PUNCT
ftr-463	354	6	devolution	devolution	NOUN
ftr-463	354	7	&	&	CCONJ
ftr-463	354	8	inevitable	inevitable	ADJ
ftr-463	354	9	frtinction	frtinction	NOUN
ftr-463	354	10	of	of	ADP
ftr-463	354	11	the	the	DET
ftr-463	354	12	continui	continui	NOUN
ftr-463	354	13	"	"	PUNCT
ftr-463	354	14	of	of	ADP
ftr-463	354	15	interest	interest	NOUN
ftr-463	354	16	doctrine	doctrine	NOUN
ftr-463	354	17	203	203	NUM
ftr-463	354	18	groinan	groinan	NOUN
ftr-463	354	19	v.	v.	ADP
ftr-463	354	20	comnnzissioner49	comnnzissioner49	NOUN
ftr-463	354	21	and	and	CCONJ
ftr-463	354	22	hehvering	hehvere	VERB
ftr-463	354	23	%	%	NOUN
ftr-463	354	24	,	,	PUNCT
ftr-463	354	25	.	.	PUNCT
ftr-463	355	1	bashford	bashford	NOUN
ftr-463	355	2	each	each	PRON
ftr-463	355	3	involved	involve	VERB
ftr-463	355	4	a	a	DET
ftr-463	355	5	b	b	NOUN
ftr-463	355	6	-	-	PUNCT
ftr-463	355	7	type	type	NOUN
ftr-463	355	8	acquisition	acquisition	NOUN
ftr-463	355	9	of	of	ADP
ftr-463	355	10	a	a	DET
ftr-463	355	11	target	target	NOUN
ftr-463	355	12	's	's	PART
ftr-463	355	13	stock	stock	NOUN
ftr-463	355	14	by	by	ADP
ftr-463	355	15	a	a	DET
ftr-463	355	16	newly	newly	ADV
ftr-463	355	17	-	-	PUNCT
ftr-463	355	18	formed	form	VERB
ftr-463	355	19	subsidiary	subsidiary	NOUN
ftr-463	355	20	of	of	ADP
ftr-463	355	21	a	a	DET
ftr-463	355	22	parent	parent	NOUN
ftr-463	355	23	corporation	corporation	NOUN
ftr-463	355	24	.	.	PUNCT
ftr-463	356	1	in	in	ADP
ftr-463	356	2	each	each	DET
ftr-463	356	3	case	case	NOUN
ftr-463	356	4	,	,	PUNCT
ftr-463	356	5	the	the	DET
ftr-463	356	6	acquisition	acquisition	NOUN
ftr-463	356	7	was	be	AUX
ftr-463	356	8	immediately	immediately	ADV
ftr-463	356	9	followed	follow	VERB
ftr-463	356	10	by	by	ADP
ftr-463	356	11	the	the	DET
ftr-463	356	12	target	target	NOUN
ftr-463	356	13	's	's	PART
ftr-463	356	14	liquidation	liquidation	NOUN
ftr-463	356	15	into	into	ADP
ftr-463	356	16	the	the	DET
ftr-463	356	17	subsidiary	subsidiary	NOUN
ftr-463	356	18	.	.	PUNCT
ftr-463	357	1	the	the	DET
ftr-463	357	2	consideration	consideration	NOUN
ftr-463	357	3	for	for	ADP
ftr-463	357	4	the	the	DET
ftr-463	357	5	transfer	transfer	NOUN
ftr-463	357	6	was	be	AUX
ftr-463	357	7	cash	cash	NOUN
ftr-463	357	8	,	,	PUNCT
ftr-463	357	9	parent	parent	NOUN
ftr-463	357	10	stock	stock	NOUN
ftr-463	357	11	,	,	PUNCT
ftr-463	357	12	and	and	CCONJ
ftr-463	357	13	stock	stock	NOUN
ftr-463	357	14	of	of	ADP
ftr-463	357	15	the	the	DET
ftr-463	357	16	subsidiary	subsidiary	NOUN
ftr-463	357	17	.	.	PUNCT
ftr-463	358	1	it	it	PRON
ftr-463	358	2	was	be	AUX
ftr-463	358	3	clear	clear	ADJ
ftr-463	358	4	in	in	ADP
ftr-463	358	5	each	each	DET
ftr-463	358	6	case	case	NOUN
ftr-463	358	7	that	that	SCONJ
ftr-463	358	8	the	the	DET
ftr-463	358	9	transaction	transaction	NOUN
ftr-463	358	10	qualified	qualified	ADJ
ftr-463	358	11	as	as	ADP
ftr-463	358	12	a	a	DET
ftr-463	358	13	reorganization	reorganization	NOUN
ftr-463	358	14	,	,	PUNCT
ftr-463	358	15	and	and	CCONJ
ftr-463	358	16	the	the	DET
ftr-463	358	17	sole	sole	ADJ
ftr-463	358	18	issue	issue	NOUN
ftr-463	358	19	was	be	AUX
ftr-463	358	20	whether	whether	SCONJ
ftr-463	358	21	the	the	DET
ftr-463	358	22	parent	parent	NOUN
ftr-463	358	23	's	's	PART
ftr-463	358	24	stock	stock	NOUN
ftr-463	358	25	was	be	AUX
ftr-463	358	26	stock	stock	NOUN
ftr-463	358	27	of	of	ADP
ftr-463	358	28	a	a	DET
ftr-463	358	29	"	"	PUNCT
ftr-463	358	30	party	party	NOUN
ftr-463	358	31	to	to	ADP
ftr-463	358	32	the	the	DET
ftr-463	358	33	reorganization	reorganization	NOUN
ftr-463	358	34	"	"	PUNCT
ftr-463	358	35	so	so	SCONJ
ftr-463	358	36	that	that	SCONJ
ftr-463	358	37	the	the	DET
ftr-463	358	38	target	target	NOUN
ftr-463	358	39	shareholders	shareholder	NOUN
ftr-463	358	40	would	would	AUX
ftr-463	358	41	not	not	PART
ftr-463	358	42	have	have	VERB
ftr-463	358	43	to	to	PART
ftr-463	358	44	recognize	recognize	VERB
ftr-463	358	45	on	on	ADP
ftr-463	358	46	receipt	receipt	NOUN
ftr-463	358	47	of	of	ADP
ftr-463	358	48	it	it	PRON
ftr-463	358	49	.	.	PUNCT
ftr-463	359	1	in	in	ADP
ftr-463	359	2	gronan	gronan	PROPN
ftr-463	359	3	,	,	PUNCT
ftr-463	359	4	the	the	DET
ftr-463	359	5	court	court	NOUN
ftr-463	359	6	approached	approach	VERB
ftr-463	359	7	the	the	DET
ftr-463	359	8	question	question	NOUN
ftr-463	359	9	quite	quite	ADV
ftr-463	359	10	logically	logically	ADV
ftr-463	359	11	by	by	ADP
ftr-463	359	12	starting	start	VERB
ftr-463	359	13	with	with	ADP
ftr-463	359	14	section	section	NOUN
ftr-463	359	15	112(i)(2	112(i)(2	NUM
ftr-463	359	16	)	)	PUNCT
ftr-463	359	17	of	of	ADP
ftr-463	359	18	the	the	DET
ftr-463	359	19	1928	1928	NUM
ftr-463	359	20	act	act	NOUN
ftr-463	359	21	,	,	PUNCT
ftr-463	359	22	which	which	PRON
ftr-463	359	23	defined	define	VERB
ftr-463	359	24	"	"	PUNCT
ftr-463	359	25	party	party	NOUN
ftr-463	359	26	to	to	ADP
ftr-463	359	27	a	a	DET
ftr-463	359	28	reorganization	reorganization	NOUN
ftr-463	359	29	"	"	PUNCT
ftr-463	359	30	as	as	ADP
ftr-463	359	31	"	"	PUNCT
ftr-463	359	32	including	include	VERB
ftr-463	359	33	"	"	PUNCT
ftr-463	359	34	a	a	DET
ftr-463	359	35	corporation	corporation	NOUN
ftr-463	359	36	resulting	result	VERB
ftr-463	359	37	from	from	ADP
ftr-463	359	38	a	a	DET
ftr-463	359	39	reorganization	reorganization	NOUN
ftr-463	359	40	and	and	CCONJ
ftr-463	359	41	"	"	PUNCT
ftr-463	359	42	both	both	DET
ftr-463	359	43	"	"	PUNCT
ftr-463	359	44	corporations	corporation	NOUN
ftr-463	359	45	in	in	ADP
ftr-463	359	46	a	a	DET
ftr-463	359	47	stock	stock	NOUN
ftr-463	359	48	acquisition	acquisition	NOUN
ftr-463	359	49	.	.	PUNCT
ftr-463	360	1	after	after	ADP
ftr-463	360	2	concluding	conclude	VERB
ftr-463	360	3	that	that	DET
ftr-463	360	4	subsidiary	subsidiary	NOUN
ftr-463	360	5	and	and	CCONJ
ftr-463	360	6	target	target	NOUN
ftr-463	360	7	were	be	AUX
ftr-463	360	8	parties	party	NOUN
ftr-463	360	9	to	to	ADP
ftr-463	360	10	the	the	DET
ftr-463	360	11	reorganization	reorganization	NOUN
ftr-463	360	12	,	,	PUNCT
ftr-463	360	13	the	the	DET
ftr-463	360	14	court	court	NOUN
ftr-463	360	15	held	hold	VERB
ftr-463	360	16	that	that	SCONJ
ftr-463	360	17	the	the	DET
ftr-463	360	18	parent	parent	NOUN
ftr-463	360	19	was	be	AUX
ftr-463	360	20	not	not	PART
ftr-463	360	21	encompassed	encompass	VERB
ftr-463	360	22	by	by	ADP
ftr-463	360	23	the	the	DET
ftr-463	360	24	statutory	statutory	ADJ
ftr-463	360	25	definition	definition	NOUN
ftr-463	360	26	or	or	CCONJ
ftr-463	360	27	any	any	DET
ftr-463	360	28	other	other	ADJ
ftr-463	360	29	ordinary	ordinary	ADJ
ftr-463	360	30	meaning	meaning	NOUN
ftr-463	360	31	of	of	ADP
ftr-463	360	32	the	the	DET
ftr-463	360	33	term	term	NOUN
ftr-463	360	34	"	"	PUNCT
ftr-463	360	35	a	a	DET
ftr-463	360	36	party	party	NOUN
ftr-463	360	37	to	to	ADP
ftr-463	360	38	the	the	DET
ftr-463	360	39	reorganization	reorganization	NOUN
ftr-463	360	40	.	.	PUNCT
ftr-463	360	41	"	"	PUNCT
ftr-463	361	1	the	the	DET
ftr-463	361	2	groman	groman	PROPN
ftr-463	361	3	court	court	NOUN
ftr-463	361	4	next	next	ADV
ftr-463	361	5	considered	consider	VERB
ftr-463	361	6	whether	whether	SCONJ
ftr-463	361	7	the	the	DET
ftr-463	361	8	subsidiary	subsidiary	NOUN
ftr-463	361	9	could	could	AUX
ftr-463	361	10	be	be	AUX
ftr-463	361	11	ignored	ignore	VERB
ftr-463	361	12	or	or	CCONJ
ftr-463	361	13	otherwise	otherwise	ADV
ftr-463	361	14	regarded	regard	VERB
ftr-463	361	15	as	as	ADP
ftr-463	361	16	the	the	DET
ftr-463	361	17	parent	parent	NOUN
ftr-463	361	18	's	's	PART
ftr-463	361	19	alter	alter	NOUN
ftr-463	361	20	ego	ego	NOUN
ftr-463	361	21	.	.	PUNCT
ftr-463	361	22	to	to	PART
ftr-463	361	23	answer	answer	VERB
ftr-463	361	24	this	this	DET
ftr-463	361	25	question	question	NOUN
ftr-463	361	26	,	,	PUNCT
ftr-463	361	27	the	the	DET
ftr-463	361	28	court	court	NOUN
ftr-463	361	29	delved	delve	VERB
ftr-463	361	30	into	into	ADP
ftr-463	361	31	the	the	DET
ftr-463	361	32	purposes	purpose	NOUN
ftr-463	361	33	of	of	ADP
ftr-463	361	34	the	the	DET
ftr-463	361	35	reorganization	reorganization	NOUN
ftr-463	361	36	provisions	provision	NOUN
ftr-463	361	37	,	,	PUNCT
ftr-463	361	38	stating	state	VERB
ftr-463	361	39	that	that	SCONJ
ftr-463	361	40	the	the	DET
ftr-463	361	41	statute	statute	NOUN
ftr-463	361	42	permitted	permit	VERB
ftr-463	361	43	tax	tax	NOUN
ftr-463	361	44	-	-	PUNCT
ftr-463	361	45	free	free	ADJ
ftr-463	361	46	treatment	treatment	NOUN
ftr-463	361	47	to	to	PART
ftr-463	361	48	target	target	VERB
ftr-463	361	49	shareholders	shareholder	NOUN
ftr-463	361	50	only	only	ADV
ftr-463	361	51	if	if	SCONJ
ftr-463	361	52	their	their	PRON
ftr-463	361	53	interest	interest	NOUN
ftr-463	361	54	"	"	PUNCT
ftr-463	361	55	continues	continue	VERB
ftr-463	361	56	to	to	PART
ftr-463	361	57	be	be	AUX
ftr-463	361	58	definitely	definitely	ADV
ftr-463	361	59	represented	represent	VERB
ftr-463	361	60	in	in	ADP
ftr-463	361	61	a	a	DET
ftr-463	361	62	substantial	substantial	ADJ
ftr-463	361	63	measure	measure	NOUN
ftr-463	361	64	in	in	ADP
ftr-463	361	65	a	a	DET
ftr-463	361	66	new	new	ADJ
ftr-463	361	67	or	or	CCONJ
ftr-463	361	68	different	different	ADJ
ftr-463	361	69	[	[	X
ftr-463	361	70	corporation	corporation	NOUN
ftr-463	361	71	,	,	PUNCT
ftr-463	361	72	and	and	CCONJ
ftr-463	361	73	]	]	PUNCT
ftr-463	361	74	then	then	ADV
ftr-463	361	75	to	to	ADP
ftr-463	361	76	the	the	DET
ftr-463	361	77	extent	extent	NOUN
ftr-463	361	78	,	,	PUNCT
ftr-463	361	79	but	but	CCONJ
ftr-463	361	80	only	only	ADV
ftr-463	361	81	to	to	ADP
ftr-463	361	82	the	the	DET
ftr-463	361	83	extent	extent	NOUN
ftr-463	361	84	,	,	PUNCT
ftr-463	361	85	of	of	ADP
ftr-463	361	86	that	that	DET
ftr-463	361	87	continuit	continuit	NOUN
ftr-463	361	88	.	.	PUNCT
ftr-463	362	1	,	,	PUNCT
ftr-463	362	2	of	of	ADP
ftr-463	362	3	interest	interest	NOUN
ftr-463	362	4	..	..	PUNCT
ftr-463	362	5	in	in	ADP
ftr-463	362	6	light	light	NOUN
ftr-463	362	7	of	of	ADP
ftr-463	362	8	this	this	DET
ftr-463	362	9	requirement	requirement	NOUN
ftr-463	362	10	of	of	ADP
ftr-463	362	11	a	a	DET
ftr-463	362	12	close	close	ADJ
ftr-463	362	13	relationship	relationship	NOUN
ftr-463	362	14	between	between	ADP
ftr-463	362	15	target	target	NOUN
ftr-463	362	16	shareholders	shareholder	NOUN
ftr-463	362	17	and	and	CCONJ
ftr-463	362	18	acquirors	acquiror	NOUN
ftr-463	362	19	,	,	PUNCT
ftr-463	362	20	the	the	DET
ftr-463	362	21	court	court	NOUN
ftr-463	362	22	held	hold	VERB
ftr-463	362	23	that	that	SCONJ
ftr-463	362	24	the	the	DET
ftr-463	362	25	statute	statute	NOUN
ftr-463	362	26	did	do	AUX
ftr-463	362	27	not	not	PART
ftr-463	362	28	permit	permit	VERB
ftr-463	362	29	the	the	DET
ftr-463	362	30	actual	actual	ADJ
ftr-463	362	31	acquiror	acquiror	NOUN
ftr-463	362	32	(	(	PUNCT
ftr-463	362	33	the	the	DET
ftr-463	362	34	subsidiary	subsidiary	NOUN
ftr-463	362	35	)	)	PUNCT
ftr-463	362	36	to	to	PART
ftr-463	362	37	be	be	AUX
ftr-463	362	38	ignored	ignore	VERB
ftr-463	362	39	or	or	CCONJ
ftr-463	362	40	the	the	DET
ftr-463	362	41	acquiror	acquiror	NOUN
ftr-463	362	42	's	's	PART
ftr-463	362	43	parent	parent	NOUN
ftr-463	362	44	otherwise	otherwise	ADV
ftr-463	362	45	to	to	PART
ftr-463	362	46	be	be	AUX
ftr-463	362	47	deemed	deem	VERB
ftr-463	362	48	the	the	DET
ftr-463	362	49	"	"	PUNCT
ftr-463	362	50	other	other	ADJ
ftr-463	362	51	"	"	PUNCT
ftr-463	362	52	party	party	NOUN
ftr-463	362	53	to	to	ADP
ftr-463	362	54	the	the	DET
ftr-463	362	55	reorganization	reorganization	NOUN
ftr-463	362	56	.	.	PUNCT
ftr-463	363	1	this	this	DET
ftr-463	363	2	conclusion	conclusion	NOUN
ftr-463	363	3	was	be	AUX
ftr-463	363	4	also	also	ADV
ftr-463	363	5	reached	reach	VERB
ftr-463	363	6	in	in	ADP
ftr-463	363	7	bashford	bashford	NOUN
ftr-463	363	8	,	,	PUNCT
ftr-463	363	9	where	where	SCONJ
ftr-463	363	10	the	the	DET
ftr-463	363	11	target	target	NOUN
ftr-463	363	12	shareholders	shareholder	NOUN
ftr-463	363	13	dealt	deal	VERB
ftr-463	363	14	exclusively	exclusively	ADV
ftr-463	363	15	with	with	ADP
ftr-463	363	16	parent	parent	NOUN
ftr-463	363	17	,	,	PUNCT
ftr-463	363	18	which	which	PRON
ftr-463	363	19	contributed	contribute	VERB
ftr-463	363	20	the	the	DET
ftr-463	363	21	target	target	NOUN
ftr-463	363	22	stock	stock	NOUN
ftr-463	363	23	to	to	ADP
ftr-463	363	24	its	its	PRON
ftr-463	363	25	subsidiary	subsidiary	NOUN
ftr-463	363	26	in	in	ADP
ftr-463	363	27	exchange	exchange	NOUN
ftr-463	363	28	for	for	ADP
ftr-463	363	29	subsidiary	subsidiary	ADJ
ftr-463	363	30	stock	stock	NOUN
ftr-463	363	31	that	that	PRON
ftr-463	363	32	it	it	PRON
ftr-463	363	33	transferred	transfer	VERB
ftr-463	363	34	to	to	ADP
ftr-463	363	35	the	the	DET
ftr-463	363	36	target	target	NOUN
ftr-463	363	37	shareholders	shareholder	NOUN
ftr-463	363	38	.	.	PUNCT
ftr-463	364	1	(	(	PUNCT
ftr-463	364	2	in	in	ADP
ftr-463	364	3	groman	groman	NOUN
ftr-463	364	4	,	,	PUNCT
ftr-463	364	5	the	the	DET
ftr-463	364	6	subsidiary	subsidiary	NOUN
ftr-463	364	7	had	have	AUX
ftr-463	364	8	received	receive	VERB
ftr-463	364	9	parent	parent	NOUN
ftr-463	364	10	stock	stock	NOUN
ftr-463	364	11	and	and	CCONJ
ftr-463	364	12	the	the	DET
ftr-463	364	13	subsidiary	subsidiary	NOUN
ftr-463	364	14	dealt	deal	VERB
ftr-463	364	15	exclusively	exclusively	ADV
ftr-463	364	16	with	with	ADP
ftr-463	364	17	the	the	DET
ftr-463	364	18	target	target	NOUN
ftr-463	364	19	shareholders	shareholder	NOUN
ftr-463	364	20	.	.	PUNCT
ftr-463	364	21	)	)	PUNCT
ftr-463	365	1	groman	groman	NOUN
ftr-463	365	2	and	and	CCONJ
ftr-463	365	3	bashford	bashford	NOUN
ftr-463	365	4	are	be	AUX
ftr-463	365	5	stinted	stint	VERB
ftr-463	365	6	and	and	CCONJ
ftr-463	365	7	formalistic	formalistic	ADJ
ftr-463	365	8	interpretations	interpretation	NOUN
ftr-463	365	9	of	of	ADP
ftr-463	365	10	the	the	DET
ftr-463	365	11	"	"	PUNCT
ftr-463	365	12	party	party	NOUN
ftr-463	365	13	to	to	ADP
ftr-463	365	14	a	a	DET
ftr-463	365	15	reorganization	reorganization	NOUN
ftr-463	365	16	"	"	PUNCT
ftr-463	365	17	definition	definition	NOUN
ftr-463	365	18	,	,	PUNCT
ftr-463	365	19	but	but	CCONJ
ftr-463	365	20	they	they	PRON
ftr-463	365	21	adhere	adhere	VERB
ftr-463	365	22	to	to	ADP
ftr-463	365	23	the	the	DET
ftr-463	365	24	statutory	statutory	ADJ
ftr-463	365	25	language	language	NOUN
ftr-463	365	26	and	and	CCONJ
ftr-463	365	27	have	have	VERB
ftr-463	365	28	nothing	nothing	PRON
ftr-463	365	29	to	to	PART
ftr-463	365	30	do	do	VERB
ftr-463	365	31	with	with	ADP
ftr-463	365	32	the	the	DET
ftr-463	365	33	extra	extra	ADJ
ftr-463	365	34	-	-	ADJ
ftr-463	365	35	statutory	statutory	ADJ
ftr-463	365	36	continuity	continuity	NOUN
ftr-463	365	37	of	of	ADP
ftr-463	365	38	interest	interest	NOUN
ftr-463	365	39	doctrine	doctrine	NOUN
ftr-463	365	40	.	.	PUNCT
ftr-463	366	1	in	in	ADP
ftr-463	366	2	context	context	NOUN
ftr-463	366	3	,	,	PUNCT
ftr-463	366	4	it	it	PRON
ftr-463	366	5	is	be	AUX
ftr-463	366	6	clear	clear	ADJ
ftr-463	366	7	that	that	SCONJ
ftr-463	366	8	by	by	ADP
ftr-463	366	9	referring	refer	VERB
ftr-463	366	10	to	to	ADP
ftr-463	366	11	"	"	PUNCT
ftr-463	366	12	continuity	continuity	NOUN
ftr-463	366	13	of	of	ADP
ftr-463	366	14	interest	interest	NOUN
ftr-463	366	15	,	,	PUNCT
ftr-463	366	16	"	"	PUNCT
ftr-463	366	17	the	the	DET
ftr-463	366	18	court	court	NOUN
ftr-463	366	19	was	be	AUX
ftr-463	366	20	not	not	PART
ftr-463	366	21	referring	refer	VERB
ftr-463	366	22	to	to	ADP
ftr-463	366	23	the	the	DET
ftr-463	366	24	continuity	continuity	NOUN
ftr-463	366	25	of	of	ADP
ftr-463	366	26	interest	interest	NOUN
ftr-463	366	27	doctrine	doctrine	NOUN
ftr-463	366	28	used	use	VERB
ftr-463	366	29	to	to	PART
ftr-463	366	30	distinguish	distinguish	VERB
ftr-463	366	31	merger	merger	NOUN
ftr-463	366	32	-	-	PUNCT
ftr-463	366	33	like	like	ADJ
ftr-463	366	34	transactions	transaction	NOUN
ftr-463	366	35	from	from	ADP
ftr-463	366	36	taxable	taxable	ADJ
ftr-463	366	37	sales	sale	NOUN
ftr-463	366	38	and	and	CCONJ
ftr-463	366	39	whose	whose	DET
ftr-463	366	40	failure	failure	NOUN
ftr-463	366	41	disqualifies	disqualify	VERB
ftr-463	366	42	the	the	DET
ftr-463	366	43	entire	entire	ADJ
ftr-463	366	44	reorganization	reorganization	NOUN
ftr-463	366	45	.	.	PUNCT
ftr-463	367	1	instead	instead	ADV
ftr-463	367	2	,	,	PUNCT
ftr-463	367	3	the	the	DET
ftr-463	367	4	court	court	NOUN
ftr-463	367	5	was	be	AUX
ftr-463	367	6	explaining	explain	VERB
ftr-463	367	7	the	the	DET
ftr-463	367	8	49	49	NUM
ftr-463	367	9	.	.	PUNCT
ftr-463	368	1	302	302	NUM
ftr-463	368	2	u.s	u.s	PROPN
ftr-463	368	3	.	.	PROPN
ftr-463	368	4	82	82	NUM
ftr-463	368	5	(	(	PUNCT
ftr-463	368	6	1937	1937	NUM
ftr-463	368	7	)	)	PUNCT
ftr-463	368	8	.	.	PUNCT
ftr-463	369	1	50	50	NUM
ftr-463	369	2	.	.	X
ftr-463	369	3	302	302	NUM
ftr-463	369	4	u.s	u.s	PROPN
ftr-463	369	5	.	.	PROPN
ftr-463	369	6	454	454	NUM
ftr-463	369	7	(	(	PUNCT
ftr-463	369	8	1938	1938	NUM
ftr-463	369	9	)	)	PUNCT
ftr-463	369	10	.	.	PUNCT
ftr-463	370	1	51	51	NUM
ftr-463	370	2	.	.	PUNCT
ftr-463	370	3	groman	groman	NOUN
ftr-463	370	4	,	,	PUNCT
ftr-463	370	5	302	302	NUM
ftr-463	370	6	u.s	u.s	PROPN
ftr-463	370	7	.	.	PROPN
ftr-463	370	8	at	at	ADP
ftr-463	370	9	89	89	NUM
ftr-463	370	10	(	(	PUNCT
ftr-463	370	11	emphasis	emphasis	NOUN
ftr-463	370	12	added	add	VERB
ftr-463	370	13	)	)	PUNCT
ftr-463	370	14	.	.	PUNCT
ftr-463	371	1	florida	florida	PROPN
ftr-463	371	2	tax	tax	PROPN
ftr-463	371	3	review	review	NOUN
ftr-463	371	4	statutory	statutory	ADJ
ftr-463	371	5	mechanism	mechanism	NOUN
ftr-463	371	6	that	that	PRON
ftr-463	371	7	permits	permit	VERB
ftr-463	371	8	tax	tax	NOUN
ftr-463	371	9	-	-	PUNCT
ftr-463	371	10	free	free	ADJ
ftr-463	371	11	treatment	treatment	NOUN
ftr-463	371	12	to	to	PART
ftr-463	371	13	target	target	VERB
ftr-463	371	14	shareholders	shareholder	NOUN
ftr-463	371	15	only	only	ADV
ftr-463	371	16	to	to	ADP
ftr-463	371	17	the	the	DET
ftr-463	371	18	extent	extent	NOUN
ftr-463	371	19	they	they	PRON
ftr-463	371	20	receive	receive	VERB
ftr-463	371	21	stock	stock	NOUN
ftr-463	371	22	or	or	CCONJ
ftr-463	371	23	securities	security	NOUN
ftr-463	371	24	-	-	PUNCT
ftr-463	371	25	representing	represent	VERB
ftr-463	371	26	a	a	DET
ftr-463	371	27	"	"	PUNCT
ftr-463	371	28	continuity	continuity	NOUN
ftr-463	371	29	"	"	PUNCT
ftr-463	371	30	of	of	ADP
ftr-463	371	31	their	their	PRON
ftr-463	371	32	former	former	ADJ
ftr-463	371	33	proprietary	proprietary	ADJ
ftr-463	371	34	interest	interest	NOUN
ftr-463	371	35	-	-	PUNCT
ftr-463	371	36	of	of	ADP
ftr-463	371	37	the	the	DET
ftr-463	371	38	true	true	ADJ
ftr-463	371	39	acquiror	acquiror	NOUN
ftr-463	371	40	,	,	PUNCT
ftr-463	371	41	and	and	CCONJ
ftr-463	371	42	not	not	PART
ftr-463	371	43	in	in	ADP
ftr-463	371	44	some	some	DET
ftr-463	371	45	other	other	ADJ
ftr-463	371	46	corporation	corporation	NOUN
ftr-463	371	47	.	.	PUNCT
ftr-463	372	1	nevertheless	nevertheless	ADV
ftr-463	372	2	,	,	PUNCT
ftr-463	372	3	the	the	DET
ftr-463	372	4	court	court	NOUN
ftr-463	372	5	's	's	PART
ftr-463	372	6	reference	reference	NOUN
ftr-463	372	7	to	to	ADP
ftr-463	372	8	"	"	PUNCT
ftr-463	372	9	continuity	continuity	NOUN
ftr-463	372	10	of	of	ADP
ftr-463	372	11	interest	interest	NOUN
ftr-463	372	12	"	"	PUNCT
ftr-463	372	13	has	have	AUX
ftr-463	372	14	caused	cause	VERB
ftr-463	372	15	groman	groman	NOUN
ftr-463	372	16	and	and	CCONJ
ftr-463	372	17	bashford	bashford	NOUN
ftr-463	372	18	to	to	PART
ftr-463	372	19	be	be	AUX
ftr-463	372	20	misunderstood	misunderstood	ADJ
ftr-463	372	21	as	as	ADP
ftr-463	372	22	being	be	AUX
ftr-463	372	23	more	more	ADJ
ftr-463	372	24	than	than	ADP
ftr-463	372	25	cases	case	NOUN
ftr-463	372	26	interpreting	interpret	VERB
ftr-463	372	27	the	the	DET
ftr-463	372	28	term	term	NOUN
ftr-463	372	29	"	"	PUNCT
ftr-463	372	30	a	a	DET
ftr-463	372	31	party	party	NOUN
ftr-463	372	32	to	to	ADP
ftr-463	372	33	a	a	DET
ftr-463	372	34	reorganization	reorganization	NOUN
ftr-463	372	35	"	"	PUNCT
ftr-463	372	36	and	and	CCONJ
ftr-463	372	37	as	as	ADP
ftr-463	372	38	announcing	announce	VERB
ftr-463	372	39	,	,	PUNCT
ftr-463	372	40	instead	instead	ADV
ftr-463	372	41	,	,	PUNCT
ftr-463	372	42	an	an	DET
ftr-463	372	43	expansion	expansion	NOUN
ftr-463	372	44	of	of	ADP
ftr-463	372	45	the	the	DET
ftr-463	372	46	judicial	judicial	ADJ
ftr-463	372	47	continuity	continuity	NOUN
ftr-463	372	48	of	of	ADP
ftr-463	372	49	interest	interest	NOUN
ftr-463	372	50	doctrine	doctrine	NOUN
ftr-463	372	51	whose	whose	DET
ftr-463	372	52	failure	failure	NOUN
ftr-463	372	53	(	(	PUNCT
ftr-463	372	54	at	at	ADP
ftr-463	372	55	least	least	ADJ
ftr-463	372	56	under	under	ADP
ftr-463	372	57	pre-1934	pre-1934	NOUN
ftr-463	372	58	law	law	NOUN
ftr-463	372	59	)	)	PUNCT
ftr-463	372	60	disqualified	disqualify	VERB
ftr-463	372	61	an	an	DET
ftr-463	372	62	otherwise	otherwise	ADV
ftr-463	372	63	valid	valid	ADJ
ftr-463	372	64	reorganization	reorganization	NOUN
ftr-463	372	65	.	.	PUNCT
ftr-463	373	1	2	2	NUM
ftr-463	373	2	this	this	DET
ftr-463	373	3	view	view	NOUN
ftr-463	373	4	inexplicably	inexplicably	ADV
ftr-463	373	5	persists	persist	VERB
ftr-463	373	6	today	today	NOUN
ftr-463	373	7	despite	despite	SCONJ
ftr-463	373	8	their	their	PRON
ftr-463	373	9	double	double	ADJ
ftr-463	373	10	legislative	legislative	ADJ
ftr-463	373	11	repeal	repeal	NOUN
ftr-463	373	12	:	:	PUNCT
ftr-463	373	13	first	first	ADV
ftr-463	373	14	in	in	ADP
ftr-463	373	15	1934	1934	NUM
ftr-463	373	16	when	when	SCONJ
ftr-463	373	17	congress	congress	PROPN
ftr-463	373	18	undercut	undercut	VERB
ftr-463	373	19	the	the	DET
ftr-463	373	20	decisions	decision	NOUN
ftr-463	373	21	by	by	ADP
ftr-463	373	22	requiring	require	VERB
ftr-463	373	23	that	that	SCONJ
ftr-463	373	24	the	the	DET
ftr-463	373	25	consideration	consideration	NOUN
ftr-463	373	26	in	in	ADP
ftr-463	373	27	b	b	NOUN
ftr-463	373	28	-	-	PUNCT
ftr-463	373	29	type	type	NOUN
ftr-463	373	30	stock	stock	NOUN
ftr-463	373	31	acquisitions	acquisition	NOUN
ftr-463	373	32	consist	consist	VERB
ftr-463	373	33	solely	solely	ADV
ftr-463	373	34	of	of	ADP
ftr-463	373	35	acquiror	acquiror	NOUN
ftr-463	373	36	voting	vote	VERB
ftr-463	373	37	stock	stock	NOUN
ftr-463	373	38	(	(	PUNCT
ftr-463	373	39	and	and	CCONJ
ftr-463	373	40	not	not	PART
ftr-463	373	41	parent	parent	NOUN
ftr-463	373	42	stock	stock	NOUN
ftr-463	373	43	as	as	ADV
ftr-463	373	44	well	well	ADV
ftr-463	373	45	)	)	PUNCT
ftr-463	373	46	,	,	PUNCT
ftr-463	373	47	thereby	thereby	ADV
ftr-463	373	48	legislatively	legislatively	ADV
ftr-463	373	49	foreclosing	foreclose	VERB
ftr-463	373	50	groman	groman	NOUN
ftr-463	373	51	and	and	CCONJ
ftr-463	373	52	bashford	bashford	NOUN
ftr-463	373	53	transactions	transaction	NOUN
ftr-463	373	54	,	,	PUNCT
ftr-463	373	55	and	and	CCONJ
ftr-463	373	56	,	,	PUNCT
ftr-463	373	57	again	again	ADV
ftr-463	373	58	,	,	PUNCT
ftr-463	373	59	when	when	SCONJ
ftr-463	373	60	congress	congress	PROPN
ftr-463	373	61	expressly	expressly	ADV
ftr-463	373	62	permitted	permit	VERB
ftr-463	373	63	triangular	triangular	NOUN
ftr-463	373	64	reorganizations	reorganization	NOUN
ftr-463	373	65	in	in	ADP
ftr-463	373	66	piecemeal	piecemeal	ADJ
ftr-463	373	67	legislation	legislation	NOUN
ftr-463	373	68	enacted	enact	VERB
ftr-463	373	69	over	over	ADP
ftr-463	373	70	the	the	DET
ftr-463	373	71	17	17	NUM
ftr-463	373	72	years	year	NOUN
ftr-463	373	73	from	from	ADP
ftr-463	373	74	1954	1954	NUM
ftr-463	373	75	to	to	ADP
ftr-463	373	76	1971	1971	NUM
ftr-463	373	77	.	.	PUNCT
ftr-463	374	1	the	the	DET
ftr-463	374	2	third	third	PROPN
ftr-463	374	3	deadwood	deadwood	NOUN
ftr-463	374	4	decision	decision	NOUN
ftr-463	374	5	that	that	PRON
ftr-463	374	6	eventually	eventually	ADV
ftr-463	374	7	helped	help	VERB
ftr-463	374	8	resurrect	resurrect	VERB
ftr-463	374	9	judicial	judicial	ADJ
ftr-463	374	10	continuity	continuity	NOUN
ftr-463	374	11	was	be	AUX
ftr-463	374	12	le	le	X
ftr-463	374	13	tulle	tulle	NOUN
ftr-463	374	14	v.	v.	ADP
ftr-463	374	15	scofield.4	scofield.4	ADV
ftr-463	374	16	in	in	ADP
ftr-463	374	17	le	le	PROPN
ftr-463	374	18	tulle	tulle	PROPN
ftr-463	374	19	,	,	PUNCT
ftr-463	374	20	the	the	DET
ftr-463	374	21	supreme	supreme	PROPN
ftr-463	374	22	court	court	PROPN
ftr-463	374	23	interpreted	interpret	VERB
ftr-463	374	24	pre-1934	pre-1934	NOUN
ftr-463	374	25	law	law	NOUN
ftr-463	374	26	to	to	PART
ftr-463	374	27	require	require	VERB
ftr-463	374	28	that	that	SCONJ
ftr-463	374	29	,	,	PUNCT
ftr-463	374	30	in	in	ADP
ftr-463	374	31	a	a	DET
ftr-463	374	32	tax	tax	NOUN
ftr-463	374	33	-	-	PUNCT
ftr-463	374	34	free	free	ADJ
ftr-463	374	35	c	c	NOUN
ftr-463	374	36	-	-	PUNCT
ftr-463	374	37	type	type	NOUN
ftr-463	374	38	asset	asset	NOUN
ftr-463	374	39	acquisition	acquisition	NOUN
ftr-463	374	40	,	,	PUNCT
ftr-463	374	41	the	the	DET
ftr-463	374	42	consideration	consideration	NOUN
ftr-463	374	43	must	must	AUX
ftr-463	374	44	consist	consist	VERB
ftr-463	374	45	of	of	ADP
ftr-463	374	46	equity	equity	NOUN
ftr-463	374	47	of	of	ADP
ftr-463	374	48	the	the	DET
ftr-463	374	49	acquiror	acquiror	NOUN
ftr-463	374	50	.	.	PUNCT
ftr-463	375	1	the	the	DET
ftr-463	375	2	acquiror	acquiror	NOUN
ftr-463	375	3	in	in	ADP
ftr-463	375	4	the	the	DET
ftr-463	375	5	case	case	NOUN
ftr-463	375	6	obtained	obtain	VERB
ftr-463	375	7	the	the	DET
ftr-463	375	8	target	target	NOUN
ftr-463	375	9	's	's	PART
ftr-463	375	10	assets	asset	NOUN
ftr-463	375	11	solely	solely	ADV
ftr-463	375	12	for	for	ADP
ftr-463	375	13	acquiror	acquiror	NOUN
ftr-463	375	14	bonds	bond	NOUN
ftr-463	375	15	payable	payable	ADJ
ftr-463	375	16	serially	serially	ADV
ftr-463	375	17	over	over	ADP
ftr-463	375	18	11	11	NUM
ftr-463	375	19	years	year	NOUN
ftr-463	375	20	.	.	PUNCT
ftr-463	376	1	although	although	SCONJ
ftr-463	376	2	the	the	DET
ftr-463	376	3	court	court	NOUN
ftr-463	376	4	did	do	AUX
ftr-463	376	5	not	not	PART
ftr-463	376	6	specifically	specifically	ADV
ftr-463	376	7	hold	hold	VERB
ftr-463	376	8	that	that	SCONJ
ftr-463	376	9	the	the	DET
ftr-463	376	10	bonds	bond	NOUN
ftr-463	376	11	were	be	AUX
ftr-463	376	12	"	"	PUNCT
ftr-463	376	13	securities	security	NOUN
ftr-463	376	14	,	,	PUNCT
ftr-463	376	15	"	"	PUNCT
ftr-463	376	16	that	that	PRON
ftr-463	376	17	much	much	ADV
ftr-463	376	18	seemed	seem	VERB
ftr-463	376	19	clear	clear	ADJ
ftr-463	376	20	.	.	PUNCT
ftr-463	377	1	nevertheless	nevertheless	ADV
ftr-463	377	2	,	,	PUNCT
ftr-463	377	3	the	the	DET
ftr-463	377	4	court	court	NOUN
ftr-463	377	5	held	hold	VERB
ftr-463	377	6	that	that	SCONJ
ftr-463	377	7	the	the	DET
ftr-463	377	8	transaction	transaction	NOUN
ftr-463	377	9	failed	fail	VERB
ftr-463	377	10	to	to	PART
ftr-463	377	11	qualify	qualify	VERB
ftr-463	377	12	as	as	ADP
ftr-463	377	13	a	a	DET
ftr-463	377	14	reorganization	reorganization	NOUN
ftr-463	377	15	.	.	PUNCT
ftr-463	378	1	le	le	PROPN
ftr-463	378	2	tulle	tulle	PROPN
ftr-463	378	3	was	be	AUX
ftr-463	378	4	faithful	faithful	ADJ
ftr-463	378	5	to	to	ADP
ftr-463	378	6	the	the	DET
ftr-463	378	7	court	court	NOUN
ftr-463	378	8	's	's	PART
ftr-463	378	9	consistent	consistent	ADJ
ftr-463	378	10	view	view	NOUN
ftr-463	378	11	that	that	SCONJ
ftr-463	378	12	the	the	DET
ftr-463	378	13	1921	1921	NUM
ftr-463	378	14	act	act	NOUN
ftr-463	378	15	parenthetical	parenthetical	NOUN
ftr-463	378	16	was	be	AUX
ftr-463	378	17	intended	intend	VERB
ftr-463	378	18	to	to	PART
ftr-463	378	19	expand	expand	VERB
ftr-463	378	20	the	the	DET
ftr-463	378	21	definition	definition	NOUN
ftr-463	378	22	of	of	ADP
ftr-463	378	23	reorganization	reorganization	NOUN
ftr-463	378	24	to	to	PART
ftr-463	378	25	include	include	VERB
ftr-463	378	26	,	,	PUNCT
ftr-463	378	27	among	among	ADP
ftr-463	378	28	other	other	ADJ
ftr-463	378	29	transactions	transaction	NOUN
ftr-463	378	30	,	,	PUNCT
ftr-463	378	31	asset	asset	NOUN
ftr-463	378	32	acquisitions	acquisition	NOUN
ftr-463	378	33	that	that	PRON
ftr-463	378	34	sufficiently	sufficiently	ADV
ftr-463	378	35	resembled	resemble	VERB
ftr-463	378	36	state	state	NOUN
ftr-463	378	37	mergers	merger	NOUN
ftr-463	378	38	and	and	CCONJ
ftr-463	378	39	consolidations	consolidation	NOUN
ftr-463	378	40	.	.	PUNCT
ftr-463	379	1	however	however	ADV
ftr-463	379	2	,	,	PUNCT
ftr-463	379	3	by	by	ADP
ftr-463	379	4	requiring	require	VERB
ftr-463	379	5	the	the	DET
ftr-463	379	6	consideration	consideration	NOUN
ftr-463	379	7	in	in	ADP
ftr-463	379	8	a	a	DET
ftr-463	379	9	tax	tax	NOUN
ftr-463	379	10	-	-	PUNCT
ftr-463	379	11	free	free	ADJ
ftr-463	379	12	c	c	NOUN
ftr-463	379	13	-	-	PUNCT
ftr-463	379	14	type	type	NOUN
ftr-463	379	15	asset	asset	NOUN
ftr-463	379	16	acquisition	acquisition	NOUN
ftr-463	379	17	to	to	PART
ftr-463	379	18	include	include	VERB
ftr-463	379	19	at	at	ADP
ftr-463	379	20	least	least	ADJ
ftr-463	379	21	some	some	PRON
ftr-463	379	22	acquiror	acquiror	NOUN
ftr-463	379	23	equity	equity	NOUN
ftr-463	379	24	,	,	PUNCT
ftr-463	379	25	le	le	PROPN
ftr-463	379	26	tulle	tulle	PROPN
ftr-463	379	27	effectively	effectively	ADV
ftr-463	379	28	limited	limit	VERB
ftr-463	379	29	tax	tax	NOUN
ftr-463	379	30	-	-	PUNCT
ftr-463	379	31	free	free	ADJ
ftr-463	379	32	asset	asset	NOUN
ftr-463	379	33	acquisitions	acquisition	NOUN
ftr-463	379	34	to	to	ADP
ftr-463	379	35	transactions	transaction	NOUN
ftr-463	379	36	that	that	PRON
ftr-463	379	37	could	could	AUX
ftr-463	379	38	have	have	AUX
ftr-463	379	39	qualified	qualify	VERB
ftr-463	379	40	as	as	ADP
ftr-463	379	41	statutory	statutory	ADJ
ftr-463	379	42	mergers	merger	NOUN
ftr-463	379	43	in	in	ADP
ftr-463	379	44	1921	1921	NUM
ftr-463	379	45	,	,	PUNCT
ftr-463	379	46	when	when	SCONJ
ftr-463	379	47	the	the	DET
ftr-463	379	48	tax	tax	NOUN
ftr-463	379	49	-	-	PUNCT
ftr-463	379	50	free	free	ADJ
ftr-463	379	51	reorganization	reorganization	NOUN
ftr-463	379	52	provision	provision	NOUN
ftr-463	379	53	was	be	AUX
ftr-463	379	54	first	first	ADV
ftr-463	379	55	enacted	enact	VERB
ftr-463	379	56	and	and	CCONJ
ftr-463	379	57	state	state	NOUN
ftr-463	379	58	merger	merger	NOUN
ftr-463	379	59	and	and	CCONJ
ftr-463	379	60	consolidation	consolidation	NOUN
ftr-463	379	61	laws	law	NOUN
ftr-463	379	62	generally	generally	ADV
ftr-463	379	63	required	require	VERB
ftr-463	379	64	at	at	ADP
ftr-463	379	65	least	least	ADJ
ftr-463	379	66	some	some	PRON
ftr-463	379	67	acquiror	acquiror	NOUN
ftr-463	379	68	stock	stock	NOUN
ftr-463	379	69	consideration	consideration	NOUN
ftr-463	379	70	.	.	PUNCT
ftr-463	380	1	55	55	NUM
ftr-463	380	2	however	however	ADV
ftr-463	380	3	,	,	PUNCT
ftr-463	380	4	state	state	NOUN
ftr-463	380	5	merger	merger	NOUN
ftr-463	380	6	law	law	NOUN
ftr-463	380	7	evolved	evolve	VERB
ftr-463	380	8	considerably	considerably	ADV
ftr-463	380	9	after	after	ADP
ftr-463	380	10	the	the	DET
ftr-463	380	11	1921	1921	NUM
ftr-463	380	12	act	act	NOUN
ftr-463	380	13	,	,	PUNCT
ftr-463	380	14	and	and	CCONJ
ftr-463	380	15	by	by	ADP
ftr-463	380	16	1931	1931	NUM
ftr-463	380	17	,	,	PUNCT
ftr-463	380	18	when	when	SCONJ
ftr-463	380	19	the	the	DET
ftr-463	380	20	le	le	PROPN
ftr-463	380	21	tulle	tulle	PROPN
ftr-463	380	22	transaction	transaction	PROPN
ftr-463	380	23	took	take	VERB
ftr-463	380	24	place	place	NOUN
ftr-463	380	25	,	,	PUNCT
ftr-463	380	26	many	many	ADJ
ftr-463	380	27	states	state	NOUN
ftr-463	380	28	permitted	permit	VERB
ftr-463	380	29	the	the	DET
ftr-463	380	30	acquiror	acquiror	NOUN
ftr-463	380	31	's	's	PART
ftr-463	380	32	consideration	consideration	NOUN
ftr-463	380	33	to	to	PART
ftr-463	380	34	consist	consist	VERB
ftr-463	380	35	of	of	ADP
ftr-463	380	36	non	non	ADJ
ftr-463	380	37	-	-	ADJ
ftr-463	380	38	equity	equity	ADJ
ftr-463	380	39	securities	security	NOUN
ftr-463	380	40	,	,	PUNCT
ftr-463	380	41	and	and	CCONJ
ftr-463	380	42	some	some	DET
ftr-463	380	43	states	state	NOUN
ftr-463	380	44	52	52	NUM
ftr-463	380	45	.	.	PUNCT
ftr-463	381	1	see	see	VERB
ftr-463	381	2	,	,	PUNCT
ftr-463	381	3	e.g.	e.g.	ADV
ftr-463	381	4	,	,	PUNCT
ftr-463	381	5	g.c.m	g.c.m	ADJ
ftr-463	381	6	.	.	PROPN
ftr-463	381	7	35117	35117	NUM
ftr-463	381	8	(	(	PUNCT
ftr-463	381	9	nov	nov	PROPN
ftr-463	381	10	.	.	PROPN
ftr-463	381	11	15	15	NUM
ftr-463	381	12	,	,	PUNCT
ftr-463	381	13	1972	1972	NUM
ftr-463	381	14	)	)	PUNCT
ftr-463	381	15	(	(	PUNCT
ftr-463	381	16	"	"	PUNCT
ftr-463	381	17	[	[	X
ftr-463	381	18	t]he	t]he	ADV
ftr-463	381	19	concept	concept	NOUN
ftr-463	381	20	of	of	ADP
ftr-463	381	21	remote	remote	ADJ
ftr-463	381	22	continuity	continuity	NOUN
ftr-463	381	23	originated	originate	VERB
ftr-463	381	24	"	"	PUNCT
ftr-463	381	25	in	in	ADP
ftr-463	381	26	groman	groman	NOUN
ftr-463	381	27	and	and	CCONJ
ftr-463	381	28	bashford	bashford	NOUN
ftr-463	381	29	)	)	PUNCT
ftr-463	381	30	;	;	PUNCT
ftr-463	381	31	g.c.m	g.c.m	X
ftr-463	381	32	.	.	PROPN
ftr-463	381	33	39150	39150	NUM
ftr-463	381	34	(	(	PUNCT
ftr-463	381	35	mar	mar	PROPN
ftr-463	381	36	.	.	PROPN
ftr-463	381	37	1	1	NUM
ftr-463	381	38	,	,	PUNCT
ftr-463	381	39	1984	1984	NUM
ftr-463	381	40	)	)	PUNCT
ftr-463	381	41	.	.	PUNCT
ftr-463	382	1	general	general	ADJ
ftr-463	382	2	counsel	counsel	PROPN
ftr-463	382	3	memoranda	memoranda	X
ftr-463	382	4	35117	35117	NUM
ftr-463	382	5	and	and	CCONJ
ftr-463	382	6	39150	39150	NUM
ftr-463	382	7	are	be	AUX
ftr-463	382	8	discussed	discuss	VERB
ftr-463	382	9	infra	infra	NOUN
ftr-463	382	10	part	part	NOUN
ftr-463	382	11	iii.b	iii.b	X
ftr-463	382	12	.	.	PUNCT
ftr-463	383	1	53	53	NUM
ftr-463	383	2	.	.	PUNCT
ftr-463	384	1	the	the	DET
ftr-463	384	2	legislative	legislative	ADJ
ftr-463	384	3	repeal	repeal	NOUN
ftr-463	384	4	of	of	ADP
ftr-463	384	5	groman	groman	NOUN
ftr-463	384	6	and	and	CCONJ
ftr-463	384	7	bashford	bashford	NOUN
ftr-463	384	8	is	be	AUX
ftr-463	384	9	discussed	discuss	VERB
ftr-463	384	10	infra	infra	NOUN
ftr-463	384	11	part	part	NOUN
ftr-463	384	12	iv.a	iv.a	VERB
ftr-463	384	13	.	.	PUNCT
ftr-463	385	1	54	54	NUM
ftr-463	385	2	.	.	X
ftr-463	386	1	308	308	NUM
ftr-463	386	2	u.s	u.s	PROPN
ftr-463	386	3	.	.	PROPN
ftr-463	386	4	415	415	NUM
ftr-463	386	5	(	(	PUNCT
ftr-463	386	6	1940	1940	NUM
ftr-463	386	7	)	)	PUNCT
ftr-463	386	8	.	.	PUNCT
ftr-463	387	1	55	55	NUM
ftr-463	387	2	.	.	PUNCT
ftr-463	388	1	see	see	VERB
ftr-463	388	2	supra	supra	PROPN
ftr-463	388	3	note	note	PROPN
ftr-463	388	4	16	16	NUM
ftr-463	388	5	and	and	CCONJ
ftr-463	388	6	accompanying	accompany	VERB
ftr-463	388	7	text	text	NOUN
ftr-463	388	8	.	.	PUNCT
ftr-463	389	1	t[vol	t[vol	NOUN
ftr-463	389	2	3:5	3:5	NUM
ftr-463	389	3	19961	19961	NUM
ftr-463	389	4	devolution	devolution	NOUN
ftr-463	389	5	&	&	CCONJ
ftr-463	389	6	inevitable	inevitable	ADJ
ftr-463	389	7	extinction	extinction	NOUN
ftr-463	389	8	of	of	ADP
ftr-463	389	9	the	the	DET
ftr-463	389	10	continuiry	continuiry	NOUN
ftr-463	389	11	of	of	ADP
ftr-463	389	12	interest	interest	NOUN
ftr-463	389	13	doctrine	doctrine	NOUN
ftr-463	389	14	205	205	NUM
ftr-463	389	15	even	even	ADV
ftr-463	389	16	permitted	permit	VERB
ftr-463	389	17	all	all	PRON
ftr-463	389	18	-	-	PUNCT
ftr-463	389	19	cash	cash	NOUN
ftr-463	389	20	consideration	consideration	NOUN
ftr-463	389	21	.	.	PUNCT
ftr-463	390	1	6	6	NUM
ftr-463	390	2	thus	thus	ADV
ftr-463	390	3	,	,	PUNCT
ftr-463	390	4	the	the	DET
ftr-463	390	5	le	le	PROPN
ftr-463	390	6	tulle	tulle	PROPN
ftr-463	390	7	transaction	transaction	NOUN
ftr-463	390	8	could	could	AUX
ftr-463	390	9	have	have	AUX
ftr-463	390	10	been	be	AUX
ftr-463	390	11	consummated	consummate	VERB
ftr-463	390	12	as	as	ADP
ftr-463	390	13	a	a	DET
ftr-463	390	14	statutory	statutory	ADJ
ftr-463	390	15	merger	merger	NOUN
ftr-463	390	16	under	under	ADP
ftr-463	390	17	the	the	DET
ftr-463	390	18	laws	law	NOUN
ftr-463	390	19	of	of	ADP
ftr-463	390	20	these	these	DET
ftr-463	390	21	states	state	NOUN
ftr-463	390	22	.	.	PUNCT
ftr-463	391	1	since	since	SCONJ
ftr-463	391	2	the	the	DET
ftr-463	391	3	purpose	purpose	NOUN
ftr-463	391	4	of	of	ADP
ftr-463	391	5	the	the	DET
ftr-463	391	6	parenthetical	parenthetical	ADJ
ftr-463	391	7	clause	clause	NOUN
ftr-463	391	8	was	be	AUX
ftr-463	391	9	to	to	PART
ftr-463	391	10	permit	permit	VERB
ftr-463	391	11	transactions	transaction	NOUN
ftr-463	391	12	that	that	PRON
ftr-463	391	13	did	do	AUX
ftr-463	391	14	not	not	PART
ftr-463	391	15	qualify	qualify	VERB
ftr-463	391	16	as	as	SCONJ
ftr-463	391	17	statutory	statutory	ADJ
ftr-463	391	18	mergers	merger	NOUN
ftr-463	391	19	to	to	PART
ftr-463	391	20	be	be	AUX
ftr-463	391	21	treated	treat	VERB
ftr-463	391	22	as	as	ADP
ftr-463	391	23	tax	tax	NOUN
ftr-463	391	24	-	-	PUNCT
ftr-463	391	25	free	free	ADJ
ftr-463	391	26	reorganizations	reorganization	NOUN
ftr-463	391	27	,	,	PUNCT
ftr-463	391	28	it	it	PRON
ftr-463	391	29	is	be	AUX
ftr-463	391	30	odd	odd	ADJ
ftr-463	391	31	that	that	SCONJ
ftr-463	391	32	the	the	DET
ftr-463	391	33	supreme	supreme	PROPN
ftr-463	391	34	court	court	PROPN
ftr-463	391	35	would	would	AUX
ftr-463	391	36	deny	deny	VERB
ftr-463	391	37	reorganization	reorganization	NOUN
ftr-463	391	38	status	status	NOUN
ftr-463	391	39	to	to	ADP
ftr-463	391	40	a	a	DET
ftr-463	391	41	transaction	transaction	NOUN
ftr-463	391	42	that	that	PRON
ftr-463	391	43	could	could	AUX
ftr-463	391	44	have	have	AUX
ftr-463	391	45	been	be	AUX
ftr-463	391	46	completed	complete	VERB
ftr-463	391	47	as	as	ADP
ftr-463	391	48	a	a	DET
ftr-463	391	49	statutory	statutory	ADJ
ftr-463	391	50	merger	merger	NOUN
ftr-463	391	51	.	.	PUNCT
ftr-463	392	1	in	in	ADP
ftr-463	392	2	addition	addition	NOUN
ftr-463	392	3	,	,	PUNCT
ftr-463	392	4	by	by	ADP
ftr-463	392	5	requiring	require	VERB
ftr-463	392	6	that	that	SCONJ
ftr-463	392	7	the	the	DET
ftr-463	392	8	target	target	NOUN
ftr-463	392	9	receive	receive	VERB
ftr-463	392	10	acquiror	acquiror	NOUN
ftr-463	392	11	stock	stock	NOUN
ftr-463	392	12	,	,	PUNCT
ftr-463	392	13	the	the	DET
ftr-463	392	14	court	court	NOUN
ftr-463	392	15	severed	sever	VERB
ftr-463	392	16	continuity	continuity	NOUN
ftr-463	392	17	's	's	PART
ftr-463	392	18	moorings	mooring	NOUN
ftr-463	392	19	in	in	ADP
ftr-463	392	20	the	the	DET
ftr-463	392	21	statutory	statutory	ADJ
ftr-463	392	22	"	"	PUNCT
ftr-463	392	23	stock	stock	NOUN
ftr-463	392	24	or	or	CCONJ
ftr-463	392	25	securities	security	NOUN
ftr-463	392	26	"	"	PUNCT
ftr-463	392	27	requirement	requirement	NOUN
ftr-463	392	28	that	that	SCONJ
ftr-463	392	29	judge	judge	NOUN
ftr-463	392	30	hand	hand	NOUN
ftr-463	392	31	had	have	AUX
ftr-463	392	32	been	be	AUX
ftr-463	392	33	so	so	ADV
ftr-463	392	34	careful	careful	ADJ
ftr-463	392	35	to	to	PART
ftr-463	392	36	preserve	preserve	VERB
ftr-463	392	37	in	in	ADP
ftr-463	392	38	cortland	cortland	PROPN
ftr-463	392	39	and	and	CCONJ
ftr-463	392	40	tyng	tyng	PROPN
ftr-463	392	41	and	and	CCONJ
ftr-463	392	42	which	which	PRON
ftr-463	392	43	had	have	AUX
ftr-463	392	44	been	be	AUX
ftr-463	392	45	extolled	extoll	VERB
ftr-463	392	46	in	in	ADP
ftr-463	392	47	pinellas.58	pinellas.58	NOUN
ftr-463	392	48	thus	thus	ADV
ftr-463	392	49	,	,	PUNCT
ftr-463	392	50	for	for	ADP
ftr-463	392	51	the	the	DET
ftr-463	392	52	first	first	ADJ
ftr-463	392	53	time	time	NOUN
ftr-463	392	54	,	,	PUNCT
ftr-463	392	55	the	the	DET
ftr-463	392	56	supreme	supreme	PROPN
ftr-463	392	57	court	court	PROPN
ftr-463	392	58	implied	imply	VERB
ftr-463	392	59	that	that	SCONJ
ftr-463	392	60	the	the	DET
ftr-463	392	61	continuity	continuity	NOUN
ftr-463	392	62	of	of	ADP
ftr-463	392	63	interest	interest	NOUN
ftr-463	392	64	doctrine	doctrine	NOUN
ftr-463	392	65	might	might	AUX
ftr-463	392	66	be	be	AUX
ftr-463	392	67	regarded	regard	VERB
ftr-463	392	68	as	as	ADP
ftr-463	392	69	a	a	DET
ftr-463	392	70	requirement	requirement	NOUN
ftr-463	392	71	wholly	wholly	ADV
ftr-463	392	72	independent	independent	ADJ
ftr-463	392	73	of	of	ADP
ftr-463	392	74	the	the	DET
ftr-463	392	75	statutory	statutory	ADJ
ftr-463	392	76	language	language	NOUN
ftr-463	392	77	.	.	PUNCT
ftr-463	393	1	even	even	ADV
ftr-463	393	2	a	a	DET
ftr-463	393	3	transaction	transaction	NOUN
ftr-463	393	4	that	that	PRON
ftr-463	393	5	satisfied	satisfy	VERB
ftr-463	393	6	every	every	DET
ftr-463	393	7	literal	literal	ADJ
ftr-463	393	8	requirement	requirement	NOUN
ftr-463	393	9	of	of	ADP
ftr-463	393	10	the	the	DET
ftr-463	393	11	1921	1921	NUM
ftr-463	393	12	act	act	NOUN
ftr-463	393	13	and	and	CCONJ
ftr-463	393	14	satisfied	satisfy	VERB
ftr-463	393	15	the	the	DET
ftr-463	393	16	cortland	cortland	PROPN
ftr-463	393	17	and	and	CCONJ
ftr-463	393	18	pinellas	pinellas	PROPN
ftr-463	393	19	test	test	NOUN
ftr-463	393	20	because	because	SCONJ
ftr-463	393	21	the	the	DET
ftr-463	393	22	acquiror	acquiror	NOUN
ftr-463	393	23	received	receive	VERB
ftr-463	393	24	substantially	substantially	ADV
ftr-463	393	25	all	all	PRON
ftr-463	393	26	of	of	ADP
ftr-463	393	27	the	the	DET
ftr-463	393	28	assets	asset	NOUN
ftr-463	393	29	of	of	ADP
ftr-463	393	30	the	the	DET
ftr-463	393	31	target	target	NOUN
ftr-463	393	32	in	in	ADP
ftr-463	393	33	exchange	exchange	NOUN
ftr-463	393	34	for	for	ADP
ftr-463	393	35	acquiror	acquiror	NOUN
ftr-463	393	36	's	's	PART
ftr-463	393	37	"	"	PUNCT
ftr-463	393	38	stock	stock	NOUN
ftr-463	393	39	or	or	CCONJ
ftr-463	393	40	securities	security	NOUN
ftr-463	393	41	"	"	PUNCT
ftr-463	393	42	might	might	AUX
ftr-463	393	43	nevertheless	nevertheless	ADV
ftr-463	393	44	fail	fail	VERB
ftr-463	393	45	to	to	PART
ftr-463	393	46	qualify	qualify	VERB
ftr-463	393	47	as	as	ADP
ftr-463	393	48	a	a	DET
ftr-463	393	49	tax	tax	NOUN
ftr-463	393	50	-	-	PUNCT
ftr-463	393	51	free	free	ADJ
ftr-463	393	52	reorganization	reorganization	NOUN
ftr-463	393	53	unless	unless	SCONJ
ftr-463	393	54	target	target	NOUN
ftr-463	393	55	received	receive	VERB
ftr-463	393	56	stock	stock	NOUN
ftr-463	393	57	of	of	ADP
ftr-463	393	58	the	the	DET
ftr-463	393	59	acquiror	acquiror	NOUN
ftr-463	393	60	.	.	PUNCT
ftr-463	394	1	e.	e.	PROPN
ftr-463	394	2	resurrection	resurrection	PROPN
ftr-463	394	3	:	:	PUNCT
ftr-463	394	4	the	the	DET
ftr-463	394	5	emergence	emergence	NOUN
ftr-463	394	6	of	of	ADP
ftr-463	394	7	a	a	DET
ftr-463	394	8	new	new	ADJ
ftr-463	394	9	judicial	judicial	ADJ
ftr-463	394	10	continuity	continuity	NOUN
ftr-463	394	11	of	of	ADP
ftr-463	394	12	interest	interest	NOUN
ftr-463	394	13	doctrine	doctrine	NOUN
ftr-463	394	14	roebling	roeble	VERB
ftr-463	394	15	v.	v.	ADP
ftr-463	394	16	commissioner	commissioner	PROPN
ftr-463	394	17	9	9	NUM
ftr-463	394	18	is	be	AUX
ftr-463	394	19	the	the	DET
ftr-463	394	20	first	first	ADJ
ftr-463	394	21	case	case	NOUN
ftr-463	394	22	to	to	PART
ftr-463	394	23	hold	hold	VERB
ftr-463	394	24	that	that	SCONJ
ftr-463	394	25	the	the	DET
ftr-463	394	26	judicial	judicial	ADJ
ftr-463	394	27	continuity	continuity	NOUN
ftr-463	394	28	of	of	ADP
ftr-463	394	29	interest	interest	NOUN
ftr-463	394	30	doctrine	doctrine	NOUN
ftr-463	394	31	survived	survive	VERB
ftr-463	394	32	the	the	DET
ftr-463	394	33	1934	1934	NUM
ftr-463	394	34	act	act	NOUN
ftr-463	394	35	.	.	PUNCT
ftr-463	395	1	no	no	PRON
ftr-463	395	2	less	less	ADV
ftr-463	395	3	significantly	significantly	ADV
ftr-463	395	4	,	,	PUNCT
ftr-463	395	5	the	the	DET
ftr-463	395	6	court	court	NOUN
ftr-463	395	7	held	hold	VERB
ftr-463	395	8	for	for	ADP
ftr-463	395	9	the	the	DET
ftr-463	395	10	first	first	ADJ
ftr-463	395	11	time	time	NOUN
ftr-463	395	12	that	that	SCONJ
ftr-463	395	13	,	,	PUNCT
ftr-463	395	14	despite	despite	SCONJ
ftr-463	395	15	the	the	DET
ftr-463	395	16	clear	clear	ADJ
ftr-463	395	17	statutory	statutory	ADJ
ftr-463	395	18	language	language	NOUN
ftr-463	395	19	to	to	ADP
ftr-463	395	20	the	the	DET
ftr-463	395	21	contrary	contrary	NOUN
ftr-463	395	22	,	,	PUNCT
ftr-463	395	23	a	a	DET
ftr-463	395	24	statutory	statutory	ADJ
ftr-463	395	25	merger	merger	NOUN
ftr-463	395	26	failed	fail	VERB
ftr-463	395	27	to	to	PART
ftr-463	395	28	qualify	qualify	VERB
ftr-463	395	29	as	as	ADP
ftr-463	395	30	a	a	DET
ftr-463	395	31	reorganization	reorganization	NOUN
ftr-463	395	32	.	.	PUNCT
ftr-463	395	33	'	'	PUNCT
ftr-463	396	1	in	in	ADP
ftr-463	396	2	56	56	NUM
ftr-463	396	3	.	.	PUNCT
ftr-463	397	1	see	see	VERB
ftr-463	397	2	supra	supra	PROPN
ftr-463	397	3	note	note	PROPN
ftr-463	397	4	39	39	NUM
ftr-463	397	5	and	and	CCONJ
ftr-463	397	6	accompanying	accompany	VERB
ftr-463	397	7	text	text	NOUN
ftr-463	397	8	.	.	PUNCT
ftr-463	398	1	oddly	oddly	ADV
ftr-463	398	2	,	,	PUNCT
ftr-463	398	3	the	the	DET
ftr-463	398	4	treasury	treasury	NOUN
ftr-463	398	5	had	have	AUX
ftr-463	398	6	recognized	recognize	VERB
ftr-463	398	7	that	that	SCONJ
ftr-463	398	8	legal	legal	ADJ
ftr-463	398	9	advance	advance	NOUN
ftr-463	398	10	in	in	ADP
ftr-463	398	11	a	a	DET
ftr-463	398	12	1927	1927	NUM
ftr-463	398	13	published	publish	VERB
ftr-463	398	14	ruling	ruling	NOUN
ftr-463	398	15	,	,	PUNCT
ftr-463	398	16	which	which	PRON
ftr-463	398	17	treated	treat	VERB
ftr-463	398	18	a	a	DET
ftr-463	398	19	three	three	NUM
ftr-463	398	20	-	-	PUNCT
ftr-463	398	21	corporation	corporation	NOUN
ftr-463	398	22	consolidation	consolidation	NOUN
ftr-463	398	23	as	as	ADP
ftr-463	398	24	a	a	DET
ftr-463	398	25	reorganization	reorganization	NOUN
ftr-463	398	26	,	,	PUNCT
ftr-463	398	27	even	even	ADV
ftr-463	398	28	as	as	ADP
ftr-463	398	29	to	to	ADP
ftr-463	398	30	a	a	DET
ftr-463	398	31	corporation	corporation	NOUN
ftr-463	398	32	whose	whose	DET
ftr-463	398	33	shareholders	shareholder	NOUN
ftr-463	398	34	were	be	AUX
ftr-463	398	35	entirely	entirely	ADV
ftr-463	398	36	cashed	cash	VERB
ftr-463	398	37	out	out	ADP
ftr-463	398	38	.	.	PUNCT
ftr-463	399	1	1.t	1.t	NUM
ftr-463	399	2	.	.	NOUN
ftr-463	399	3	2364	2364	NUM
ftr-463	399	4	,	,	PUNCT
ftr-463	399	5	vi-1	vi-1	PUNCT
ftr-463	399	6	c.b	c.b	PROPN
ftr-463	399	7	.	.	PROPN
ftr-463	399	8	13	13	NUM
ftr-463	399	9	.	.	PUNCT
ftr-463	400	1	see	see	VERB
ftr-463	400	2	infra	infra	NOUN
ftr-463	400	3	note	note	VERB
ftr-463	400	4	61	61	NUM
ftr-463	400	5	for	for	ADP
ftr-463	400	6	a	a	DET
ftr-463	400	7	discussion	discussion	NOUN
ftr-463	400	8	on	on	ADP
ftr-463	400	9	this	this	DET
ftr-463	400	10	ruling	ruling	NOUN
ftr-463	400	11	.	.	PUNCT
ftr-463	401	1	57	57	NUM
ftr-463	401	2	.	.	PUNCT
ftr-463	401	3	prior	prior	ADV
ftr-463	401	4	to	to	ADP
ftr-463	401	5	le	le	PROPN
ftr-463	401	6	tulle	tulle	PROPN
ftr-463	401	7	,	,	PUNCT
ftr-463	401	8	circuit	circuit	NOUN
ftr-463	401	9	court	court	NOUN
ftr-463	401	10	decisions	decision	NOUN
ftr-463	401	11	were	be	AUX
ftr-463	401	12	unanimous	unanimous	ADJ
ftr-463	401	13	that	that	SCONJ
ftr-463	401	14	if	if	SCONJ
ftr-463	401	15	the	the	DET
ftr-463	401	16	target	target	NOUN
ftr-463	401	17	received	receive	VERB
ftr-463	401	18	securities	security	NOUN
ftr-463	401	19	of	of	ADP
ftr-463	401	20	the	the	DET
ftr-463	401	21	acquiror	acquiror	NOUN
ftr-463	401	22	,	,	PUNCT
ftr-463	401	23	a	a	DET
ftr-463	401	24	sufficient	sufficient	ADJ
ftr-463	401	25	continuity	continuity	NOUN
ftr-463	401	26	of	of	ADP
ftr-463	401	27	interest	interest	NOUN
ftr-463	401	28	would	would	AUX
ftr-463	401	29	necessarily	necessarily	ADV
ftr-463	401	30	be	be	AUX
ftr-463	401	31	retained	retain	VERB
ftr-463	401	32	.	.	PUNCT
ftr-463	402	1	see	see	VERB
ftr-463	402	2	commissioner	commissioner	PROPN
ftr-463	402	3	v.	v.	PROPN
ftr-463	402	4	tyng	tyng	PROPN
ftr-463	402	5	,	,	PUNCT
ftr-463	402	6	106	106	NUM
ftr-463	402	7	f.2d	f.2d	SYM
ftr-463	402	8	55	55	NUM
ftr-463	402	9	,	,	PUNCT
ftr-463	402	10	59	59	NUM
ftr-463	402	11	(	(	PUNCT
ftr-463	402	12	2d	2d	NUM
ftr-463	402	13	cir	cir	NOUN
ftr-463	402	14	.	.	PUNCT
ftr-463	402	15	1939	1939	NUM
ftr-463	402	16	)	)	PUNCT
ftr-463	402	17	(	(	PUNCT
ftr-463	402	18	citing	cite	VERB
ftr-463	402	19	cases	case	NOUN
ftr-463	402	20	)	)	PUNCT
ftr-463	402	21	,	,	PUNCT
ftr-463	402	22	rev'd	rev'd	VERB
ftr-463	402	23	.	.	PUNCT
ftr-463	403	1	helvering	helvere	VERB
ftr-463	403	2	v.	v.	ADP
ftr-463	403	3	tyng	tyng	PROPN
ftr-463	403	4	,	,	PUNCT
ftr-463	403	5	308	308	NUM
ftr-463	403	6	u.s	u.s	PROPN
ftr-463	403	7	.	.	PROPN
ftr-463	403	8	527	527	NUM
ftr-463	403	9	(	(	PUNCT
ftr-463	403	10	1940	1940	NUM
ftr-463	403	11	)	)	PUNCT
ftr-463	403	12	.	.	PUNCT
ftr-463	404	1	58	58	NUM
ftr-463	404	2	.	.	PUNCT
ftr-463	405	1	see	see	VERB
ftr-463	405	2	pinellas	pinellas	PROPN
ftr-463	405	3	,	,	PUNCT
ftr-463	405	4	287	287	NUM
ftr-463	405	5	u.s	u.s	PROPN
ftr-463	405	6	.	.	PROPN
ftr-463	406	1	at	at	ADP
ftr-463	406	2	470	470	NUM
ftr-463	406	3	(	(	PUNCT
ftr-463	406	4	cortland	cortland	PROPN
ftr-463	406	5	"	"	PUNCT
ftr-463	406	6	harmonizes	harmonize	VERB
ftr-463	406	7	with	with	ADP
ftr-463	406	8	the	the	DET
ftr-463	406	9	underlying	underlie	VERB
ftr-463	406	10	purpose	purpose	NOUN
ftr-463	406	11	of	of	ADP
ftr-463	406	12	the	the	DET
ftr-463	406	13	provisions	provision	NOUN
ftr-463	406	14	in	in	ADP
ftr-463	406	15	respect	respect	NOUN
ftr-463	406	16	of	of	ADP
ftr-463	406	17	the	the	DET
ftr-463	406	18	exemptions	exemption	NOUN
ftr-463	406	19	and	and	CCONJ
ftr-463	406	20	gives	give	VERB
ftr-463	406	21	some	some	DET
ftr-463	406	22	effect	effect	NOUN
ftr-463	406	23	to	to	ADP
ftr-463	406	24	all	all	DET
ftr-463	406	25	the	the	DET
ftr-463	406	26	words	word	NOUN
ftr-463	406	27	employed	employ	VERB
ftr-463	406	28	"	"	PUNCT
ftr-463	406	29	(	(	PUNCT
ftr-463	406	30	emphasis	emphasis	NOUN
ftr-463	406	31	added	add	VERB
ftr-463	406	32	)	)	PUNCT
ftr-463	406	33	)	)	PUNCT
ftr-463	406	34	.	.	PUNCT
ftr-463	407	1	59	59	NUM
ftr-463	407	2	.	.	X
ftr-463	408	1	143	143	NUM
ftr-463	408	2	f.2d	f.2d	PUNCT
ftr-463	408	3	810	810	NUM
ftr-463	408	4	(	(	PUNCT
ftr-463	408	5	3d	3d	NUM
ftr-463	408	6	cir	cir	NOUN
ftr-463	408	7	.	.	PROPN
ftr-463	408	8	1944	1944	NUM
ftr-463	408	9	)	)	PUNCT
ftr-463	408	10	,	,	PUNCT
ftr-463	408	11	cert	cert	PROPN
ftr-463	408	12	.	.	PUNCT
ftr-463	408	13	denied	deny	VERB
ftr-463	408	14	,	,	PUNCT
ftr-463	408	15	323	323	NUM
ftr-463	408	16	u.s	u.s	PROPN
ftr-463	408	17	.	.	PROPN
ftr-463	408	18	773	773	NUM
ftr-463	408	19	(	(	PUNCT
ftr-463	408	20	1944	1944	NUM
ftr-463	408	21	)	)	PUNCT
ftr-463	408	22	.	.	PUNCT
ftr-463	409	1	60	60	NUM
ftr-463	409	2	.	.	PUNCT
ftr-463	410	1	in	in	ADP
ftr-463	410	2	morgan	morgan	PROPN
ftr-463	410	3	mfg	mfg	PROPN
ftr-463	410	4	.	.	PROPN
ftr-463	410	5	co.	co.	PROPN
ftr-463	411	1	v.	v.	PROPN
ftr-463	411	2	commissioner	commissioner	PROPN
ftr-463	411	3	,	,	PUNCT
ftr-463	411	4	124	124	NUM
ftr-463	411	5	f.2d	f.2d	ADP
ftr-463	411	6	602	602	NUM
ftr-463	411	7	(	(	PUNCT
ftr-463	411	8	4th	4th	ADJ
ftr-463	411	9	cir	cir	NOUN
ftr-463	411	10	.	.	PROPN
ftr-463	411	11	1941	1941	NUM
ftr-463	411	12	)	)	PUNCT
ftr-463	411	13	.	.	PUNCT
ftr-463	412	1	two	two	NUM
ftr-463	412	2	corporations	corporation	NOUN
ftr-463	412	3	agreed	agree	VERB
ftr-463	412	4	that	that	SCONJ
ftr-463	412	5	if	if	SCONJ
ftr-463	412	6	the	the	DET
ftr-463	412	7	acquiror	acquiror	NOUN
ftr-463	412	8	paid	pay	VERB
ftr-463	412	9	the	the	DET
ftr-463	412	10	liabilities	liability	NOUN
ftr-463	412	11	of	of	ADP
ftr-463	412	12	the	the	DET
ftr-463	412	13	target	target	NOUN
ftr-463	412	14	to	to	ADP
ftr-463	412	15	its	its	PRON
ftr-463	412	16	shareholders	shareholder	NOUN
ftr-463	412	17	,	,	PUNCT
ftr-463	412	18	the	the	DET
ftr-463	412	19	target	target	NOUN
ftr-463	412	20	would	would	AUX
ftr-463	412	21	merge	merge	VERB
ftr-463	412	22	into	into	ADP
ftr-463	412	23	the	the	DET
ftr-463	412	24	acquiror	acquiror	NOUN
ftr-463	412	25	under	under	ADP
ftr-463	412	26	state	state	NOUN
ftr-463	412	27	law	law	NOUN
ftr-463	412	28	,	,	PUNCT
ftr-463	412	29	and	and	CCONJ
ftr-463	412	30	the	the	DET
ftr-463	412	31	target	target	NOUN
ftr-463	412	32	's	's	PART
ftr-463	412	33	shares	share	NOUN
ftr-463	412	34	would	would	AUX
ftr-463	412	35	be	be	AUX
ftr-463	412	36	canceled	cancel	VERB
ftr-463	412	37	.	.	PUNCT
ftr-463	413	1	the	the	DET
ftr-463	413	2	court	court	NOUN
ftr-463	413	3	held	hold	VERB
ftr-463	413	4	that	that	SCONJ
ftr-463	413	5	even	even	ADV
ftr-463	413	6	though	though	SCONJ
ftr-463	413	7	the	the	DET
ftr-463	413	8	merger	merger	NOUN
ftr-463	413	9	qualified	qualify	VERB
ftr-463	413	10	as	as	ADP
ftr-463	413	11	such	such	ADJ
ftr-463	413	12	under	under	ADP
ftr-463	413	13	local	local	ADJ
ftr-463	413	14	law	law	NOUN
ftr-463	413	15	,	,	PUNCT
ftr-463	413	16	it	it	PRON
ftr-463	413	17	was	be	AUX
ftr-463	413	18	not	not	PART
ftr-463	413	19	a	a	DET
ftr-463	413	20	tax	tax	NOUN
ftr-463	413	21	-	-	PUNCT
ftr-463	413	22	free	free	ADJ
ftr-463	413	23	reorganization	reorganization	NOUN
ftr-463	413	24	.	.	PUNCT
ftr-463	414	1	however	however	ADV
ftr-463	414	2	,	,	PUNCT
ftr-463	414	3	the	the	DET
ftr-463	414	4	decision	decision	NOUN
ftr-463	414	5	was	be	AUX
ftr-463	414	6	not	not	PART
ftr-463	414	7	based	base	VERB
ftr-463	414	8	on	on	ADP
ftr-463	414	9	continuity	continuity	NOUN
ftr-463	414	10	of	of	ADP
ftr-463	414	11	interest	interest	NOUN
ftr-463	414	12	,	,	PUNCT
ftr-463	414	13	but	but	CCONJ
ftr-463	414	14	on	on	ADP
ftr-463	414	15	the	the	DET
ftr-463	414	16	authority	authority	NOUN
ftr-463	414	17	of	of	ADP
ftr-463	414	18	gregory	gregory	PROPN
ftr-463	414	19	v.	v.	ADP
ftr-463	414	20	helvering	helvering	PROPN
ftr-463	414	21	,	,	PUNCT
ftr-463	414	22	293	293	NUM
ftr-463	414	23	u.s	u.s	AUX
ftr-463	414	24	.	.	PROPN
ftr-463	414	25	465	465	NUM
ftr-463	414	26	(	(	PUNCT
ftr-463	414	27	1935	1935	NUM
ftr-463	414	28	)	)	PUNCT
ftr-463	414	29	,	,	PUNCT
ftr-463	414	30	the	the	DET
ftr-463	414	31	court	court	NOUN
ftr-463	414	32	finding	find	VERB
ftr-463	414	33	that	that	SCONJ
ftr-463	414	34	the	the	DET
ftr-463	414	35	substance	substance	NOUN
ftr-463	414	36	of	of	ADP
ftr-463	414	37	the	the	DET
ftr-463	414	38	transaction	transaction	NOUN
ftr-463	414	39	was	be	AUX
ftr-463	414	40	a	a	DET
ftr-463	414	41	sale	sale	NOUN
ftr-463	414	42	of	of	ADP
ftr-463	414	43	the	the	DET
ftr-463	414	44	target	target	NOUN
ftr-463	414	45	's	's	PART
ftr-463	414	46	assets	asset	NOUN
ftr-463	414	47	for	for	ADP
ftr-463	414	48	the	the	DET
ftr-463	414	49	amount	amount	NOUN
ftr-463	414	50	of	of	ADP
ftr-463	414	51	liabilities	liability	NOUN
ftr-463	414	52	owed	owe	VERB
ftr-463	414	53	to	to	ADP
ftr-463	414	54	its	its	PRON
ftr-463	414	55	florida	florida	PROPN
ftr-463	414	56	tax	tax	NOUN
ftr-463	414	57	review	review	NOUN
ftr-463	414	58	roebling	roebling	NOUN
ftr-463	414	59	,	,	PUNCT
ftr-463	414	60	the	the	DET
ftr-463	414	61	south	south	PROPN
ftr-463	414	62	jersey	jersey	PROPN
ftr-463	414	63	gas	gas	NOUN
ftr-463	414	64	,	,	PUNCT
ftr-463	414	65	electric	electric	NOUN
ftr-463	414	66	and	and	CCONJ
ftr-463	414	67	traction	traction	PROPN
ftr-463	414	68	co.	co.	PROPN
ftr-463	414	69	(	(	PUNCT
ftr-463	414	70	south	south	PROPN
ftr-463	414	71	jersey	jersey	PROPN
ftr-463	414	72	)	)	PUNCT
ftr-463	414	73	was	be	AUX
ftr-463	414	74	merged	merge	VERB
ftr-463	414	75	under	under	ADP
ftr-463	414	76	new	new	PROPN
ftr-463	414	77	jersey	jersey	PROPN
ftr-463	414	78	law	law	NOUN
ftr-463	414	79	into	into	ADP
ftr-463	414	80	the	the	DET
ftr-463	414	81	public	public	ADJ
ftr-463	414	82	service	service	NOUN
ftr-463	414	83	electric	electric	ADJ
ftr-463	414	84	and	and	CCONJ
ftr-463	414	85	gas	gas	NOUN
ftr-463	414	86	company	company	NOUN
ftr-463	414	87	(	(	PUNCT
ftr-463	414	88	pse&g	pse&g	PROPN
ftr-463	414	89	)	)	PUNCT
ftr-463	414	90	,	,	PUNCT
ftr-463	414	91	with	with	ADP
ftr-463	414	92	pse&g	pse&g	NOUN
ftr-463	414	93	surviving	surviving	NOUN
ftr-463	414	94	and	and	CCONJ
ftr-463	414	95	the	the	DET
ftr-463	414	96	former	former	ADJ
ftr-463	414	97	shareholders	shareholder	NOUN
ftr-463	414	98	of	of	ADP
ftr-463	414	99	south	south	PROPN
ftr-463	414	100	jersey	jersey	PROPN
ftr-463	414	101	receiving	receive	VERB
ftr-463	414	102	100	100	NUM
ftr-463	414	103	-	-	PUNCT
ftr-463	414	104	year	year	NOUN
ftr-463	414	105	bonds	bond	NOUN
ftr-463	414	106	of	of	ADP
ftr-463	414	107	pse&g	pse&g	PROPN
ftr-463	414	108	in	in	ADP
ftr-463	414	109	exchange	exchange	NOUN
ftr-463	414	110	for	for	ADP
ftr-463	414	111	their	their	PRON
ftr-463	414	112	south	south	PROPN
ftr-463	414	113	jersey	jersey	PROPN
ftr-463	414	114	stock	stock	NOUN
ftr-463	414	115	.	.	PUNCT
ftr-463	415	1	the	the	DET
ftr-463	415	2	court	court	NOUN
ftr-463	415	3	held	hold	VERB
ftr-463	415	4	that	that	SCONJ
ftr-463	415	5	the	the	DET
ftr-463	415	6	judicial	judicial	ADJ
ftr-463	415	7	continuity	continuity	NOUN
ftr-463	415	8	of	of	ADP
ftr-463	415	9	interest	interest	NOUN
ftr-463	415	10	doctrine	doctrine	NOUN
ftr-463	415	11	survived	survive	VERB
ftr-463	415	12	passage	passage	NOUN
ftr-463	415	13	of	of	ADP
ftr-463	415	14	the	the	DET
ftr-463	415	15	1934	1934	NUM
ftr-463	415	16	act	act	NOUN
ftr-463	415	17	and	and	CCONJ
ftr-463	415	18	,	,	PUNCT
ftr-463	415	19	on	on	ADP
ftr-463	415	20	the	the	DET
ftr-463	415	21	authority	authority	NOUN
ftr-463	415	22	of	of	ADP
ftr-463	415	23	le	le	PROPN
ftr-463	415	24	tulle	tulle	PROPN
ftr-463	415	25	v.	v.	PROPN
ftr-463	415	26	scofield	scofield	PROPN
ftr-463	415	27	,	,	PUNCT
ftr-463	415	28	also	also	ADV
ftr-463	415	29	held	hold	VERB
ftr-463	415	30	that	that	SCONJ
ftr-463	415	31	continuity	continuity	NOUN
ftr-463	415	32	was	be	AUX
ftr-463	415	33	relevant	relevant	ADJ
ftr-463	415	34	in	in	ADP
ftr-463	415	35	a	a	DET
ftr-463	415	36	statutory	statutory	ADJ
ftr-463	415	37	merger	merger	NOUN
ftr-463	415	38	.	.	PUNCT
ftr-463	416	1	each	each	PRON
ftr-463	416	2	of	of	ADP
ftr-463	416	3	these	these	DET
ftr-463	416	4	conclusions	conclusion	NOUN
ftr-463	416	5	was	be	AUX
ftr-463	416	6	clearly	clearly	ADV
ftr-463	416	7	wrong	wrong	ADJ
ftr-463	416	8	.	.	PUNCT
ftr-463	417	1	under	under	ADP
ftr-463	417	2	the	the	DET
ftr-463	417	3	1918	1918	NUM
ftr-463	417	4	act	act	NOUN
ftr-463	417	5	and	and	CCONJ
ftr-463	417	6	every	every	DET
ftr-463	417	7	subsequent	subsequent	ADJ
ftr-463	417	8	revenue	revenue	NOUN
ftr-463	417	9	act	act	NOUN
ftr-463	417	10	,	,	PUNCT
ftr-463	417	11	the	the	DET
ftr-463	417	12	paragon	paragon	NOUN
ftr-463	417	13	for	for	ADP
ftr-463	417	14	reorganization	reorganization	NOUN
ftr-463	417	15	treatment	treatment	NOUN
ftr-463	417	16	was	be	AUX
ftr-463	417	17	the	the	DET
ftr-463	417	18	statutory	statutory	ADJ
ftr-463	417	19	merger	merger	NOUN
ftr-463	417	20	.	.	PUNCT
ftr-463	418	1	in	in	ADP
ftr-463	418	2	1921	1921	NUM
ftr-463	418	3	,	,	PUNCT
ftr-463	418	4	congress	congress	PROPN
ftr-463	418	5	expanded	expand	VERB
ftr-463	418	6	the	the	DET
ftr-463	418	7	definition	definition	NOUN
ftr-463	418	8	of	of	ADP
ftr-463	418	9	reorganization	reorganization	NOUN
ftr-463	418	10	to	to	PART
ftr-463	418	11	additionally	additionally	ADV
ftr-463	418	12	include	include	VERB
ftr-463	418	13	similar	similar	ADJ
ftr-463	418	14	transactions	transaction	NOUN
ftr-463	418	15	that	that	PRON
ftr-463	418	16	failed	fail	VERB
ftr-463	418	17	to	to	PART
ftr-463	418	18	qualify	qualify	VERB
ftr-463	418	19	as	as	ADP
ftr-463	418	20	mergers	merger	NOUN
ftr-463	418	21	under	under	ADP
ftr-463	418	22	state	state	NOUN
ftr-463	418	23	law	law	NOUN
ftr-463	418	24	.	.	PUNCT
ftr-463	419	1	from	from	ADP
ftr-463	419	2	cortland	cortland	PROPN
ftr-463	419	3	and	and	CCONJ
ftr-463	419	4	pinellas	pinellas	PROPN
ftr-463	419	5	,	,	PUNCT
ftr-463	419	6	courts	court	NOUN
ftr-463	419	7	had	have	AUX
ftr-463	419	8	identified	identify	VERB
ftr-463	419	9	acquiror	acquiror	NOUN
ftr-463	419	10	stock	stock	NOUN
ftr-463	419	11	consideration	consideration	NOUN
ftr-463	419	12	as	as	ADP
ftr-463	419	13	the	the	DET
ftr-463	419	14	salient	salient	NOUN
ftr-463	419	15	characteristic	characteristic	NOUN
ftr-463	419	16	of	of	ADP
ftr-463	419	17	those	those	DET
ftr-463	419	18	transactions	transaction	NOUN
ftr-463	419	19	.	.	PUNCT
ftr-463	420	1	however	however	ADV
ftr-463	420	2	,	,	PUNCT
ftr-463	420	3	until	until	ADP
ftr-463	420	4	roebling	roeble	VERB
ftr-463	420	5	,	,	PUNCT
ftr-463	420	6	it	it	PRON
ftr-463	420	7	was	be	AUX
ftr-463	420	8	clear	clear	ADJ
ftr-463	420	9	that	that	SCONJ
ftr-463	420	10	a	a	DET
ftr-463	420	11	statutory	statutory	ADJ
ftr-463	420	12	merger	merger	NOUN
ftr-463	420	13	or	or	CCONJ
ftr-463	420	14	consolidation	consolidation	NOUN
ftr-463	420	15	was	be	AUX
ftr-463	420	16	a	a	DET
ftr-463	420	17	tax	tax	NOUN
ftr-463	420	18	-	-	PUNCT
ftr-463	420	19	free	free	ADJ
ftr-463	420	20	reorganization	reorganization	NOUN
ftr-463	420	21	,	,	PUNCT
ftr-463	420	22	even	even	ADV
ftr-463	420	23	if	if	SCONJ
ftr-463	420	24	the	the	DET
ftr-463	420	25	consideration	consideration	NOUN
ftr-463	420	26	was	be	AUX
ftr-463	420	27	cash.6	cash.6	NOUN
ftr-463	420	28	in	in	ADP
ftr-463	420	29	roebling	roebling	NOUN
ftr-463	420	30	,	,	PUNCT
ftr-463	420	31	the	the	DET
ftr-463	420	32	court	court	NOUN
ftr-463	420	33	turned	turn	VERB
ftr-463	420	34	seven	seven	NUM
ftr-463	420	35	revenue	revenue	NOUN
ftr-463	420	36	acts	act	NOUN
ftr-463	420	37	and	and	CCONJ
ftr-463	420	38	twelve	twelve	NUM
ftr-463	420	39	years	year	NOUN
ftr-463	420	40	of	of	ADP
ftr-463	420	41	case	case	NOUN
ftr-463	420	42	law	law	NOUN
ftr-463	420	43	on	on	ADP
ftr-463	420	44	their	their	PRON
ftr-463	420	45	collective	collective	ADJ
ftr-463	420	46	heads	head	NOUN
ftr-463	420	47	,	,	PUNCT
ftr-463	420	48	and	and	CCONJ
ftr-463	420	49	held	hold	VERB
ftr-463	420	50	that	that	SCONJ
ftr-463	420	51	the	the	DET
ftr-463	420	52	very	very	ADJ
ftr-463	420	53	model	model	NOUN
ftr-463	420	54	of	of	ADP
ftr-463	420	55	a	a	DET
ftr-463	420	56	tax	tax	NOUN
ftr-463	420	57	-	-	PUNCT
ftr-463	420	58	free	free	ADJ
ftr-463	420	59	reorganization	reorganization	NOUN
ftr-463	420	60	-	-	PUNCT
ftr-463	420	61	a	a	DET
ftr-463	420	62	statutory	statutory	ADJ
ftr-463	420	63	merger	merger	NOUN
ftr-463	420	64	in	in	ADP
ftr-463	420	65	which	which	PRON
ftr-463	420	66	the	the	DET
ftr-463	420	67	target	target	NOUN
ftr-463	420	68	's	's	PART
ftr-463	420	69	shareholders	shareholder	NOUN
ftr-463	420	70	received	receive	VERB
ftr-463	420	71	securities	security	NOUN
ftr-463	420	72	of	of	ADP
ftr-463	420	73	acquiror	acquiror	NOUN
ftr-463	420	74	-	-	PUNCT
ftr-463	420	75	failed	fail	VERB
ftr-463	420	76	to	to	PART
ftr-463	420	77	qualify	qualify	VERB
ftr-463	420	78	as	as	ADP
ftr-463	420	79	a	a	DET
ftr-463	420	80	reorganization.62	reorganization.62	NOUN
ftr-463	420	81	the	the	DET
ftr-463	420	82	roebling	roebling	NOUN
ftr-463	420	83	court	court	NOUN
ftr-463	420	84	compounded	compound	VERB
ftr-463	420	85	its	its	PRON
ftr-463	420	86	error	error	NOUN
ftr-463	420	87	by	by	ADP
ftr-463	420	88	ignoring	ignore	VERB
ftr-463	420	89	the	the	DET
ftr-463	420	90	revenue	revenue	NOUN
ftr-463	420	91	act	act	NOUN
ftr-463	420	92	of	of	ADP
ftr-463	420	93	1934	1934	NUM
ftr-463	420	94	,	,	PUNCT
ftr-463	420	95	by	by	ADP
ftr-463	420	96	which	which	PRON
ftr-463	420	97	congress	congress	PROPN
ftr-463	420	98	had	have	AUX
ftr-463	420	99	entirely	entirely	ADV
ftr-463	420	100	replaced	replace	VERB
ftr-463	420	101	the	the	DET
ftr-463	420	102	judicial	judicial	ADJ
ftr-463	420	103	continuity	continuity	NOUN
ftr-463	420	104	of	of	ADP
ftr-463	420	105	interest	interest	NOUN
ftr-463	420	106	doctrine	doctrine	NOUN
ftr-463	420	107	with	with	ADP
ftr-463	420	108	a	a	DET
ftr-463	420	109	solely	solely	ADV
ftr-463	420	110	for	for	ADP
ftr-463	420	111	voting	vote	VERB
ftr-463	420	112	stock	stock	NOUN
ftr-463	420	113	requirement	requirement	NOUN
ftr-463	420	114	that	that	PRON
ftr-463	420	115	was	be	AUX
ftr-463	420	116	applicable	applicable	ADJ
ftr-463	420	117	only	only	ADV
ftr-463	420	118	to	to	ADP
ftr-463	420	119	b	b	NOUN
ftr-463	420	120	and	and	CCONJ
ftr-463	420	121	c	c	NOUN
ftr-463	420	122	reorganizations	reorganization	NOUN
ftr-463	420	123	.	.	PUNCT
ftr-463	421	1	the	the	DET
ftr-463	421	2	1934	1934	NUM
ftr-463	421	3	act	act	NOUN
ftr-463	421	4	further	far	ADV
ftr-463	421	5	affirmed	affirm	VERB
ftr-463	421	6	that	that	SCONJ
ftr-463	421	7	statutory	statutory	ADJ
ftr-463	421	8	mergers	merger	NOUN
ftr-463	421	9	and	and	CCONJ
ftr-463	421	10	consolidations	consolidation	NOUN
ftr-463	421	11	were	be	AUX
ftr-463	421	12	exempt	exempt	ADJ
ftr-463	421	13	from	from	ADP
ftr-463	421	14	any	any	DET
ftr-463	421	15	continuity	continuity	NOUN
ftr-463	421	16	requirement	requirement	NOUN
ftr-463	421	17	by	by	ADP
ftr-463	421	18	setting	set	VERB
ftr-463	421	19	those	those	DET
ftr-463	421	20	transactions	transaction	NOUN
ftr-463	421	21	apart	apart	ADV
ftr-463	421	22	from	from	ADP
ftr-463	421	23	asset	asset	NOUN
ftr-463	421	24	and	and	CCONJ
ftr-463	421	25	stock	stock	NOUN
ftr-463	421	26	acquisitions	acquisition	NOUN
ftr-463	421	27	in	in	ADP
ftr-463	421	28	a	a	DET
ftr-463	421	29	separate	separate	ADJ
ftr-463	421	30	clause	clause	NOUN
ftr-463	421	31	that	that	PRON
ftr-463	421	32	contained	contain	VERB
ftr-463	421	33	no	no	DET
ftr-463	421	34	voting	voting	NOUN
ftr-463	421	35	stock	stock	NOUN
ftr-463	421	36	requirement	requirement	NOUN
ftr-463	421	37	.	.	PUNCT
ftr-463	422	1	the	the	DET
ftr-463	422	2	court	court	NOUN
ftr-463	422	3	's	's	PART
ftr-463	422	4	decision	decision	NOUN
ftr-463	422	5	also	also	ADV
ftr-463	422	6	finds	find	VERB
ftr-463	422	7	no	no	DET
ftr-463	422	8	support	support	NOUN
ftr-463	422	9	in	in	ADP
ftr-463	422	10	le	le	PROPN
ftr-463	422	11	tulle	tulle	PROPN
ftr-463	422	12	,	,	PUNCT
ftr-463	422	13	which	which	PRON
ftr-463	422	14	construed	construe	VERB
ftr-463	422	15	the	the	DET
ftr-463	422	16	c	c	PROPN
ftr-463	422	17	reorganization	reorganization	NOUN
ftr-463	422	18	definition	definition	NOUN
ftr-463	422	19	to	to	PART
ftr-463	422	20	require	require	VERB
ftr-463	422	21	that	that	SCONJ
ftr-463	422	22	the	the	DET
ftr-463	422	23	target	target	NOUN
ftr-463	422	24	's	's	PART
ftr-463	422	25	shareholders	shareholder	NOUN
ftr-463	422	26	receive	receive	VERB
ftr-463	422	27	acquiror	acquiror	NOUN
ftr-463	422	28	stock	stock	NOUN
ftr-463	422	29	,	,	PUNCT
ftr-463	422	30	despite	despite	SCONJ
ftr-463	422	31	the	the	DET
ftr-463	422	32	subsequent	subsequent	ADJ
ftr-463	422	33	liberalization	liberalization	NOUN
ftr-463	422	34	of	of	ADP
ftr-463	422	35	state	state	NOUN
ftr-463	422	36	merger	merger	NOUN
ftr-463	422	37	law	law	NOUN
ftr-463	422	38	that	that	PRON
ftr-463	422	39	permitted	permit	VERB
ftr-463	422	40	a	a	DET
ftr-463	422	41	statutory	statutory	ADJ
ftr-463	422	42	merger	merger	NOUN
ftr-463	422	43	solely	solely	ADV
ftr-463	422	44	for	for	ADP
ftr-463	422	45	debt	debt	NOUN
ftr-463	422	46	(	(	PUNCT
ftr-463	422	47	or	or	CCONJ
ftr-463	422	48	even	even	ADV
ftr-463	422	49	cash	cash	NOUN
ftr-463	422	50	)	)	PUNCT
ftr-463	422	51	consideration	consideration	NOUN
ftr-463	422	52	.	.	PUNCT
ftr-463	423	1	le	le	PROPN
ftr-463	423	2	tulle	tulle	PROPN
ftr-463	423	3	did	do	AUX
ftr-463	423	4	not	not	PART
ftr-463	423	5	disqualify	disqualify	VERB
ftr-463	423	6	a	a	DET
ftr-463	423	7	statutory	statutory	ADJ
ftr-463	423	8	merger	merger	NOUN
ftr-463	423	9	from	from	ADP
ftr-463	423	10	shareholders	shareholder	NOUN
ftr-463	423	11	.	.	PUNCT
ftr-463	424	1	the	the	DET
ftr-463	424	2	court	court	NOUN
ftr-463	424	3	also	also	ADV
ftr-463	424	4	indicated	indicate	VERB
ftr-463	424	5	that	that	SCONJ
ftr-463	424	6	the	the	DET
ftr-463	424	7	terms	term	NOUN
ftr-463	424	8	of	of	ADP
ftr-463	424	9	the	the	DET
ftr-463	424	10	merger	merger	NOUN
ftr-463	424	11	agreement	agreement	NOUN
ftr-463	424	12	,	,	PUNCT
ftr-463	424	13	which	which	PRON
ftr-463	424	14	required	require	VERB
ftr-463	424	15	the	the	DET
ftr-463	424	16	target	target	NOUN
ftr-463	424	17	shareholders	shareholder	NOUN
ftr-463	424	18	to	to	PART
ftr-463	424	19	receive	receive	VERB
ftr-463	424	20	stock	stock	NOUN
ftr-463	424	21	in	in	ADP
ftr-463	424	22	the	the	DET
ftr-463	424	23	surviving	survive	VERB
ftr-463	424	24	corporation	corporation	NOUN
ftr-463	424	25	,	,	PUNCT
ftr-463	424	26	were	be	AUX
ftr-463	424	27	not	not	PART
ftr-463	424	28	in	in	ADP
ftr-463	424	29	fact	fact	NOUN
ftr-463	424	30	met	meet	VERB
ftr-463	424	31	.	.	PUNCT
ftr-463	425	1	61	61	NUM
ftr-463	425	2	.	.	PUNCT
ftr-463	426	1	see	see	VERB
ftr-463	426	2	i.t	i.t	PROPN
ftr-463	426	3	.	.	PROPN
ftr-463	426	4	2364	2364	NUM
ftr-463	426	5	,	,	PUNCT
ftr-463	426	6	vi	vi	NOUN
ftr-463	426	7	-	-	NOUN
ftr-463	426	8	i	i	PRON
ftr-463	426	9	c.b	c.b	PROPN
ftr-463	426	10	.	.	PROPN
ftr-463	426	11	13	13	NUM
ftr-463	426	12	,	,	PUNCT
ftr-463	426	13	declared	declare	VERB
ftr-463	426	14	obsolete	obsolete	ADJ
ftr-463	426	15	in	in	ADP
ftr-463	426	16	rev	rev	PROPN
ftr-463	426	17	.	.	PROPN
ftr-463	427	1	rul	rul	PROPN
ftr-463	427	2	.	.	PUNCT
ftr-463	428	1	69	69	NUM
ftr-463	428	2	-	-	SYM
ftr-463	428	3	44	44	NUM
ftr-463	428	4	,	,	PUNCT
ftr-463	428	5	1969	1969	NUM
ftr-463	428	6	-	-	SYM
ftr-463	428	7	1	1	NUM
ftr-463	428	8	c.b	c.b	PROPN
ftr-463	428	9	.	.	PROPN
ftr-463	428	10	312	312	NUM
ftr-463	428	11	,	,	PUNCT
ftr-463	428	12	which	which	PRON
ftr-463	428	13	involved	involve	VERB
ftr-463	428	14	a	a	DET
ftr-463	428	15	consolidation	consolidation	NOUN
ftr-463	428	16	of	of	ADP
ftr-463	428	17	three	three	NUM
ftr-463	428	18	corporations	corporation	NOUN
ftr-463	428	19	,	,	PUNCT
ftr-463	428	20	m	m	PROPN
ftr-463	428	21	,	,	PUNCT
ftr-463	428	22	n	n	CCONJ
ftr-463	428	23	,	,	PUNCT
ftr-463	428	24	and	and	CCONJ
ftr-463	428	25	0	0	NUM
ftr-463	428	26	,	,	PUNCT
ftr-463	428	27	into	into	ADP
ftr-463	428	28	a	a	DET
ftr-463	428	29	new	new	ADJ
ftr-463	428	30	corporation	corporation	NOUN
ftr-463	428	31	p.	p.	NOUN
ftr-463	428	32	the	the	DET
ftr-463	428	33	ruling	ruling	NOUN
ftr-463	428	34	holds	hold	VERB
ftr-463	428	35	that	that	SCONJ
ftr-463	428	36	the	the	DET
ftr-463	428	37	transaction	transaction	NOUN
ftr-463	428	38	is	be	AUX
ftr-463	428	39	a	a	DET
ftr-463	428	40	reorganization	reorganization	NOUN
ftr-463	428	41	with	with	ADP
ftr-463	428	42	respect	respect	NOUN
ftr-463	428	43	to	to	ADP
ftr-463	428	44	each	each	DET
ftr-463	428	45	corporation	corporation	NOUN
ftr-463	428	46	,	,	PUNCT
ftr-463	428	47	even	even	ADV
ftr-463	428	48	though	though	SCONJ
ftr-463	428	49	0	0	NUM
ftr-463	428	50	received	receive	VERB
ftr-463	428	51	only	only	ADJ
ftr-463	428	52	cash	cash	NOUN
ftr-463	428	53	,	,	PUNCT
ftr-463	428	54	which	which	PRON
ftr-463	428	55	it	it	PRON
ftr-463	428	56	distributed	distribute	VERB
ftr-463	428	57	to	to	ADP
ftr-463	428	58	its	its	PRON
ftr-463	428	59	shareholders	shareholder	NOUN
ftr-463	428	60	.	.	PUNCT
ftr-463	429	1	since	since	SCONJ
ftr-463	429	2	the	the	DET
ftr-463	429	3	consideration	consideration	NOUN
ftr-463	429	4	received	receive	VERB
ftr-463	429	5	and	and	CCONJ
ftr-463	429	6	distributed	distribute	VERB
ftr-463	429	7	by	by	ADP
ftr-463	429	8	0	0	NUM
ftr-463	429	9	was	be	AUX
ftr-463	429	10	not	not	PART
ftr-463	429	11	stock	stock	NOUN
ftr-463	429	12	or	or	CCONJ
ftr-463	429	13	securities	security	NOUN
ftr-463	429	14	,	,	PUNCT
ftr-463	429	15	0	0	NUM
ftr-463	429	16	and	and	CCONJ
ftr-463	429	17	its	its	PRON
ftr-463	429	18	shareholders	shareholder	NOUN
ftr-463	429	19	recognized	recognize	VERB
ftr-463	429	20	gain	gain	NOUN
ftr-463	429	21	or	or	CCONJ
ftr-463	429	22	loss	loss	NOUN
ftr-463	429	23	.	.	PUNCT
ftr-463	430	1	62	62	NUM
ftr-463	430	2	.	.	PUNCT
ftr-463	431	1	see	see	VERB
ftr-463	431	2	satterlee	satterlee	PROPN
ftr-463	431	3	,	,	PUNCT
ftr-463	431	4	supra	supra	PROPN
ftr-463	431	5	note	note	PROPN
ftr-463	431	6	37	37	NUM
ftr-463	431	7	,	,	PUNCT
ftr-463	431	8	at	at	ADP
ftr-463	431	9	688	688	NUM
ftr-463	431	10	(	(	PUNCT
ftr-463	431	11	"	"	PUNCT
ftr-463	431	12	the	the	DET
ftr-463	431	13	history	history	NOUN
ftr-463	431	14	and	and	CCONJ
ftr-463	431	15	structure	structure	NOUN
ftr-463	431	16	of	of	ADP
ftr-463	431	17	the	the	DET
ftr-463	431	18	reorganization	reorganization	NOUN
ftr-463	431	19	provisions	provision	NOUN
ftr-463	431	20	prior	prior	ADV
ftr-463	431	21	to	to	ADP
ftr-463	431	22	the	the	DET
ftr-463	431	23	revenue	revenue	NOUN
ftr-463	431	24	act	act	NOUN
ftr-463	431	25	of	of	ADP
ftr-463	431	26	1934	1934	NUM
ftr-463	431	27	indicate	indicate	VERB
ftr-463	431	28	that	that	SCONJ
ftr-463	431	29	any	any	DET
ftr-463	431	30	requirement	requirement	NOUN
ftr-463	431	31	of	of	ADP
ftr-463	431	32	a	a	DET
ftr-463	431	33	continuity	continuity	NOUN
ftr-463	431	34	of	of	ADP
ftr-463	431	35	interest	interest	NOUN
ftr-463	431	36	was	be	AUX
ftr-463	431	37	consciously	consciously	ADV
ftr-463	431	38	and	and	CCONJ
ftr-463	431	39	advisedly	advisedly	ADV
ftr-463	431	40	omitted	omit	VERB
ftr-463	431	41	from	from	ADP
ftr-463	431	42	the	the	DET
ftr-463	431	43	definition	definition	NOUN
ftr-463	431	44	of	of	ADP
ftr-463	431	45	reorganization	reorganization	NOUN
ftr-463	431	46	in	in	ADP
ftr-463	431	47	clause	clause	NOUN
ftr-463	431	48	a	a	DET
ftr-463	431	49	"	"	PUNCT
ftr-463	431	50	)	)	PUNCT
ftr-463	431	51	.	.	PUNCT
ftr-463	432	1	[	[	X
ftr-463	432	2	vol	vol	NOUN
ftr-463	432	3	3:5	3:5	NUM
ftr-463	432	4	1996	1996	NUM
ftr-463	432	5	]	]	PUNCT
ftr-463	432	6	devolution	devolution	NOUN
ftr-463	432	7	&	&	CCONJ
ftr-463	432	8	inevitable	inevitable	ADJ
ftr-463	432	9	ertinciion	ertinciion	NOUN
ftr-463	432	10	of	of	ADP
ftr-463	432	11	the	the	DET
ftr-463	432	12	continityi	continityi	NOUN
ftr-463	432	13	of	of	ADP
ftr-463	432	14	interest	interest	NOUN
ftr-463	432	15	doctrine	doctrine	NOUN
ftr-463	432	16	207	207	NUM
ftr-463	432	17	reorganization	reorganization	NOUN
ftr-463	432	18	treatment	treatment	NOUN
ftr-463	432	19	.	.	PUNCT
ftr-463	433	1	moreover	moreover	ADV
ftr-463	433	2	,	,	PUNCT
ftr-463	433	3	even	even	ADV
ftr-463	433	4	if	if	SCONJ
ftr-463	433	5	le	le	PROPN
ftr-463	433	6	tulle	tulle	PROPN
ftr-463	433	7	was	be	AUX
ftr-463	433	8	correct	correct	ADJ
ftr-463	433	9	under	under	ADP
ftr-463	433	10	pre1934	pre1934	NOUN
ftr-463	433	11	law	law	PROPN
ftr-463	433	12	,	,	PUNCT
ftr-463	433	13	when	when	SCONJ
ftr-463	433	14	congress	congress	PROPN
ftr-463	433	15	revisited	revisit	VERB
ftr-463	433	16	the	the	DET
ftr-463	433	17	definition	definition	NOUN
ftr-463	433	18	of	of	ADP
ftr-463	433	19	reorganization	reorganization	NOUN
ftr-463	433	20	in	in	ADP
ftr-463	433	21	1934	1934	NUM
ftr-463	433	22	,	,	PUNCT
ftr-463	433	23	placing	place	VERB
ftr-463	433	24	"	"	PUNCT
ftr-463	433	25	statutory	statutory	ADJ
ftr-463	433	26	mergers	merger	NOUN
ftr-463	433	27	or	or	CCONJ
ftr-463	433	28	consolidations	consolidation	NOUN
ftr-463	433	29	"	"	PUNCT
ftr-463	433	30	in	in	ADP
ftr-463	433	31	a	a	DET
ftr-463	433	32	separate	separate	ADJ
ftr-463	433	33	clause	clause	NOUN
ftr-463	433	34	,	,	PUNCT
ftr-463	433	35	many	many	ADJ
ftr-463	433	36	contemporary	contemporary	ADJ
ftr-463	433	37	state	state	NOUN
ftr-463	433	38	merger	merger	NOUN
ftr-463	433	39	statutes	statute	NOUN
ftr-463	433	40	permitted	permit	VERB
ftr-463	433	41	target	target	NOUN
ftr-463	433	42	shareholders	shareholder	NOUN
ftr-463	433	43	to	to	PART
ftr-463	433	44	receive	receive	VERB
ftr-463	433	45	only	only	ADV
ftr-463	433	46	nonequity	nonequity	NOUN
ftr-463	433	47	securities	security	NOUN
ftr-463	433	48	of	of	ADP
ftr-463	433	49	the	the	DET
ftr-463	433	50	acquiror	acquiror	NOUN
ftr-463	433	51	.	.	PUNCT
ftr-463	433	52	"	"	PUNCT
ftr-463	434	1	finally	finally	ADV
ftr-463	434	2	,	,	PUNCT
ftr-463	434	3	in	in	ADP
ftr-463	434	4	citing	cite	VERB
ftr-463	434	5	for	for	ADP
ftr-463	434	6	support	support	NOUN
ftr-463	434	7	the	the	DET
ftr-463	434	8	regulations	regulation	NOUN
ftr-463	434	9	,	,	PUNCT
ftr-463	434	10	which	which	PRON
ftr-463	434	11	provided	provide	VERB
ftr-463	434	12	in	in	ADP
ftr-463	434	13	a	a	DET
ftr-463	434	14	general	general	ADJ
ftr-463	434	15	"	"	PUNCT
ftr-463	434	16	purpose	purpose	NOUN
ftr-463	434	17	"	"	PUNCT
ftr-463	434	18	clause	clause	NOUN
ftr-463	434	19	(	(	PUNCT
ftr-463	434	20	as	as	SCONJ
ftr-463	434	21	they	they	PRON
ftr-463	434	22	do	do	VERB
ftr-463	434	23	to	to	ADP
ftr-463	434	24	this	this	DET
ftr-463	434	25	day	day	NOUN
ftr-463	434	26	)	)	PUNCT
ftr-463	434	27	that	that	SCONJ
ftr-463	434	28	continuity	continuity	NOUN
ftr-463	434	29	of	of	ADP
ftr-463	434	30	interest	interest	NOUN
ftr-463	434	31	is	be	AUX
ftr-463	434	32	"	"	PUNCT
ftr-463	434	33	requisite	requisite	ADJ
ftr-463	434	34	to	to	ADP
ftr-463	434	35	a	a	DET
ftr-463	434	36	reorganization	reorganization	NOUN
ftr-463	434	37	,	,	PUNCT
ftr-463	434	38	"	"	PUNCT
ftr-463	434	39	'	'	PUNCT
ftr-463	434	40	the	the	DET
ftr-463	434	41	court	court	NOUN
ftr-463	434	42	ignored	ignore	VERB
ftr-463	434	43	several	several	ADJ
ftr-463	434	44	aspects	aspect	NOUN
ftr-463	434	45	of	of	ADP
ftr-463	434	46	the	the	DET
ftr-463	434	47	regulations	regulation	NOUN
ftr-463	434	48	.	.	PUNCT
ftr-463	435	1	first	first	ADV
ftr-463	435	2	,	,	PUNCT
ftr-463	435	3	the	the	DET
ftr-463	435	4	regulations	regulation	NOUN
ftr-463	435	5	were	be	AUX
ftr-463	435	6	in	in	ADP
ftr-463	435	7	fact	fact	NOUN
ftr-463	435	8	satisfied	satisfied	ADJ
ftr-463	435	9	in	in	ADP
ftr-463	435	10	roebling	roebling	NOUN
ftr-463	435	11	because	because	SCONJ
ftr-463	435	12	they	they	PRON
ftr-463	435	13	reflected	reflect	VERB
ftr-463	435	14	(	(	PUNCT
ftr-463	435	15	and	and	CCONJ
ftr-463	435	16	to	to	ADP
ftr-463	435	17	some	some	DET
ftr-463	435	18	extent	extent	NOUN
ftr-463	435	19	still	still	ADV
ftr-463	435	20	reflect	reflect	VERB
ftr-463	435	21	)	)	PUNCT
ftr-463	435	22	judge	judge	PROPN
ftr-463	435	23	hand	hand	NOUN
ftr-463	435	24	's	's	PART
ftr-463	435	25	pre	pre	ADJ
ftr-463	435	26	-	-	ADJ
ftr-463	435	27	le	le	ADJ
ftr-463	435	28	tulle	tulle	PROPN
ftr-463	435	29	opinion	opinion	NOUN
ftr-463	435	30	in	in	ADP
ftr-463	435	31	commissioner	commissioner	PROPN
ftr-463	435	32	v.	v.	ADP
ftr-463	435	33	tyng	tyng	PROPN
ftr-463	435	34	that	that	SCONJ
ftr-463	435	35	while	while	SCONJ
ftr-463	435	36	short	short	ADJ
ftr-463	435	37	-	-	PUNCT
ftr-463	435	38	term	term	NOUN
ftr-463	435	39	notes	note	NOUN
ftr-463	435	40	indicate	indicate	VERB
ftr-463	435	41	a	a	DET
ftr-463	435	42	sale	sale	NOUN
ftr-463	435	43	,	,	PUNCT
ftr-463	435	44	a	a	DET
ftr-463	435	45	debt	debt	NOUN
ftr-463	435	46	security	security	NOUN
ftr-463	435	47	of	of	ADP
ftr-463	435	48	the	the	DET
ftr-463	435	49	acquiror	acquiror	NOUN
ftr-463	435	50	is	be	AUX
ftr-463	435	51	sufficient	sufficient	ADJ
ftr-463	435	52	to	to	PART
ftr-463	435	53	establish	establish	VERB
ftr-463	435	54	continuity	continuity	NOUN
ftr-463	435	55	.	.	PUNCT
ftr-463	435	56	'	'	PUNCT
ftr-463	436	1	these	these	DET
ftr-463	436	2	regulations	regulation	NOUN
ftr-463	436	3	made	make	VERB
ftr-463	436	4	clear	clear	ADJ
ftr-463	436	5	that	that	SCONJ
ftr-463	436	6	compliance	compliance	NOUN
ftr-463	436	7	with	with	ADP
ftr-463	436	8	the	the	DET
ftr-463	436	9	specific	specific	ADJ
ftr-463	436	10	requirements	requirement	NOUN
ftr-463	436	11	of	of	ADP
ftr-463	436	12	clauses	clause	NOUN
ftr-463	436	13	(	(	PUNCT
ftr-463	436	14	a	a	X
ftr-463	436	15	)	)	PUNCT
ftr-463	436	16	through	through	ADP
ftr-463	436	17	(	(	PUNCT
ftr-463	436	18	e	e	NOUN
ftr-463	436	19	)	)	PUNCT
ftr-463	436	20	of	of	ADP
ftr-463	436	21	section	section	NOUN
ftr-463	436	22	112(g)(1	112(g)(1	NOUN
ftr-463	436	23	)	)	PUNCT
ftr-463	436	24	would	would	AUX
ftr-463	436	25	satisfy	satisfy	VERB
ftr-463	436	26	continuity	continuity	NOUN
ftr-463	436	27	because	because	SCONJ
ftr-463	436	28	the	the	DET
ftr-463	436	29	transactions	transaction	NOUN
ftr-463	436	30	described	describe	VERB
ftr-463	436	31	in	in	ADP
ftr-463	436	32	those	those	DET
ftr-463	436	33	clauses	clause	NOUN
ftr-463	436	34	are	be	AUX
ftr-463	436	35	,	,	PUNCT
ftr-463	436	36	by	by	ADP
ftr-463	436	37	definition	definition	NOUN
ftr-463	436	38	,	,	PUNCT
ftr-463	436	39	sufficiently	sufficiently	ADV
ftr-463	436	40	distinguishable	distinguishable	ADJ
ftr-463	436	41	from	from	ADP
ftr-463	436	42	a	a	DET
ftr-463	436	43	mere	mere	ADJ
ftr-463	436	44	sale.66	sale.66	NOUN
ftr-463	436	45	thus	thus	ADV
ftr-463	436	46	,	,	PUNCT
ftr-463	436	47	under	under	ADP
ftr-463	436	48	the	the	DET
ftr-463	436	49	regulations	regulation	NOUN
ftr-463	436	50	,	,	PUNCT
ftr-463	436	51	a	a	DET
ftr-463	436	52	statutory	statutory	ADJ
ftr-463	436	53	merger	merger	NOUN
ftr-463	436	54	in	in	ADP
ftr-463	436	55	which	which	PRON
ftr-463	436	56	the	the	DET
ftr-463	436	57	target	target	NOUN
ftr-463	436	58	shareholders	shareholder	NOUN
ftr-463	436	59	received	receive	VERB
ftr-463	436	60	only	only	ADV
ftr-463	436	61	acquiror	acquiror	NOUN
ftr-463	436	62	nonequity	nonequity	NOUN
ftr-463	436	63	securities	security	NOUN
ftr-463	436	64	qualified	qualify	VERB
ftr-463	436	65	as	as	ADP
ftr-463	436	66	a	a	DET
ftr-463	436	67	reorganization	reorganization	NOUN
ftr-463	436	68	.	.	PUNCT
ftr-463	437	1	ih	ih	X
ftr-463	437	2	.	.	PUNCT
ftr-463	438	1	the	the	DET
ftr-463	438	2	new	new	ADJ
ftr-463	438	3	judicial	judicial	ADJ
ftr-463	438	4	continuity	continuity	NOUN
ftr-463	438	5	of	of	ADP
ftr-463	438	6	interest	interest	NOUN
ftr-463	438	7	doctrine	doctrine	NOUN
ftr-463	438	8	in	in	ADP
ftr-463	438	9	full	full	ADJ
ftr-463	438	10	bloom	bloom	NOUN
ftr-463	438	11	if	if	SCONJ
ftr-463	438	12	le	le	PROPN
ftr-463	438	13	tulle	tulle	PROPN
ftr-463	438	14	supplied	supply	VERB
ftr-463	438	15	the	the	DET
ftr-463	438	16	breeze	breeze	NOUN
ftr-463	438	17	that	that	PRON
ftr-463	438	18	loosened	loosen	VERB
ftr-463	438	19	the	the	DET
ftr-463	438	20	continuity	continuity	NOUN
ftr-463	438	21	of	of	ADP
ftr-463	438	22	interest	interest	NOUN
ftr-463	438	23	doctrine	doctrine	NOUN
ftr-463	438	24	from	from	ADP
ftr-463	438	25	its	its	PRON
ftr-463	438	26	statutory	statutory	ADJ
ftr-463	438	27	roots	root	NOUN
ftr-463	438	28	in	in	ADP
ftr-463	438	29	the	the	DET
ftr-463	438	30	"	"	PUNCT
ftr-463	438	31	stock	stock	NOUN
ftr-463	438	32	or	or	CCONJ
ftr-463	438	33	securities	security	NOUN
ftr-463	438	34	"	"	PUNCT
ftr-463	438	35	requirement	requirement	NOUN
ftr-463	438	36	,	,	PUNCT
ftr-463	438	37	and	and	CCONJ
ftr-463	438	38	gromnan	gromnan	NOUN
ftr-463	438	39	and	and	CCONJ
ftr-463	438	40	bashford	bashford	NOUN
ftr-463	438	41	the	the	DET
ftr-463	438	42	gust	gust	NOUN
ftr-463	438	43	that	that	PRON
ftr-463	438	44	floated	float	VERB
ftr-463	438	45	the	the	DET
ftr-463	438	46	doctrine	doctrine	NOUN
ftr-463	438	47	into	into	ADP
ftr-463	438	48	fertile	fertile	ADJ
ftr-463	438	49	soil	soil	NOUN
ftr-463	438	50	,	,	PUNCT
ftr-463	438	51	roebling	roebling	NOUN
ftr-463	438	52	is	be	AUX
ftr-463	438	53	the	the	DET
ftr-463	438	54	thunderstorm	thunderstorm	NOUN
ftr-463	438	55	that	that	PRON
ftr-463	438	56	allowed	allow	VERB
ftr-463	438	57	the	the	DET
ftr-463	438	58	new	new	ADJ
ftr-463	438	59	judicial	judicial	ADJ
ftr-463	438	60	doctrine	doctrine	NOUN
ftr-463	438	61	to	to	ADP
ftr-463	438	62	sprout	sprout	VERB
ftr-463	438	63	.	.	PUNCT
ftr-463	439	1	this	this	DET
ftr-463	439	2	part	part	NOUN
ftr-463	439	3	summarily	summarily	ADV
ftr-463	439	4	describes	describe	VERB
ftr-463	439	5	the	the	DET
ftr-463	439	6	doctrine	doctrine	NOUN
ftr-463	439	7	in	in	ADP
ftr-463	439	8	its	its	PRON
ftr-463	439	9	fullest	full	ADJ
ftr-463	439	10	bloom	bloom	NOUN
ftr-463	439	11	,	,	PUNCT
ftr-463	439	12	a	a	DET
ftr-463	439	13	technicolor	technicolor	NOUN
ftr-463	439	14	63	63	NUM
ftr-463	439	15	.	.	PUNCT
ftr-463	440	1	see	see	VERB
ftr-463	440	2	supra	supra	PROPN
ftr-463	440	3	note	note	PROPN
ftr-463	440	4	39	39	NUM
ftr-463	440	5	and	and	CCONJ
ftr-463	440	6	accompanying	accompany	VERB
ftr-463	440	7	text	text	NOUN
ftr-463	440	8	.	.	PUNCT
ftr-463	441	1	64	64	NUM
ftr-463	441	2	.	.	PUNCT
ftr-463	441	3	regs	reg	NOUN
ftr-463	441	4	.	.	PUNCT
ftr-463	442	1	86	86	NUM
ftr-463	442	2	,	,	PUNCT
ftr-463	442	3	§	§	PROPN
ftr-463	442	4	112(g)-i	112(g)-i	NUM
ftr-463	442	5	(	(	PUNCT
ftr-463	442	6	1934	1934	NUM
ftr-463	442	7	)	)	PUNCT
ftr-463	442	8	.	.	PUNCT
ftr-463	443	1	65	65	NUM
ftr-463	443	2	.	.	PUNCT
ftr-463	443	3	regs	regs	PROPN
ftr-463	443	4	.	.	PUNCT
ftr-463	444	1	101	101	NUM
ftr-463	444	2	,	,	PUNCT
ftr-463	444	3	§	§	PROPN
ftr-463	444	4	112(g)-i	112(g)-i	NUM
ftr-463	444	5	(	(	PUNCT
ftr-463	444	6	1938	1938	NUM
ftr-463	444	7	)	)	PUNCT
ftr-463	444	8	(	(	PUNCT
ftr-463	444	9	"	"	PUNCT
ftr-463	444	10	purpose	purpose	NOUN
ftr-463	444	11	"	"	PUNCT
ftr-463	444	12	)	)	PUNCT
ftr-463	444	13	(	(	PUNCT
ftr-463	444	14	"	"	PUNCT
ftr-463	444	15	there	there	PRON
ftr-463	444	16	is	be	VERB
ftr-463	444	17	not	not	PART
ftr-463	444	18	a	a	DET
ftr-463	444	19	reorganization	reorganization	NOUN
ftr-463	444	20	if	if	SCONJ
ftr-463	444	21	the	the	DET
ftr-463	444	22	holders	holder	NOUN
ftr-463	444	23	of	of	ADP
ftr-463	444	24	the	the	DET
ftr-463	444	25	stock	stock	NOUN
ftr-463	444	26	and	and	CCONJ
ftr-463	444	27	securities	security	NOUN
ftr-463	444	28	of	of	ADP
ftr-463	444	29	the	the	DET
ftr-463	444	30	old	old	ADJ
ftr-463	444	31	corporation	corporation	NOUN
ftr-463	444	32	are	be	AUX
ftr-463	444	33	merely	merely	ADV
ftr-463	444	34	the	the	DET
ftr-463	444	35	holders	holder	NOUN
ftr-463	444	36	of	of	ADP
ftr-463	444	37	short	short	ADJ
ftr-463	444	38	-	-	PUNCT
ftr-463	444	39	term	term	NOUN
ftr-463	444	40	notes	note	NOUN
ftr-463	444	41	in	in	ADP
ftr-463	444	42	the	the	DET
ftr-463	444	43	new	new	ADJ
ftr-463	444	44	corporation	corporation	NOUN
ftr-463	444	45	....	....	PUNCT
ftr-463	444	46	accordingly	accordingly	ADV
ftr-463	444	47	,	,	PUNCT
ftr-463	444	48	under	under	ADP
ftr-463	444	49	the	the	DET
ftr-463	444	50	act	act	NOUN
ftr-463	444	51	,	,	PUNCT
ftr-463	444	52	a	a	DET
ftr-463	444	53	short	short	ADJ
ftr-463	444	54	-	-	PUNCT
ftr-463	444	55	term	term	NOUN
ftr-463	444	56	purchase	purchase	NOUN
ftr-463	444	57	money	money	NOUN
ftr-463	444	58	note	note	NOUN
ftr-463	444	59	is	be	AUX
ftr-463	444	60	not	not	PART
ftr-463	444	61	a	a	DET
ftr-463	444	62	security	security	NOUN
ftr-463	444	63	of	of	ADP
ftr-463	444	64	a	a	DET
ftr-463	444	65	party	party	NOUN
ftr-463	444	66	to	to	ADP
ftr-463	444	67	a	a	DET
ftr-463	444	68	reorganization	reorganization	NOUN
ftr-463	444	69	.	.	PUNCT
ftr-463	444	70	.	.	PUNCT
ftr-463	445	1	..	..	PUNCT
ftr-463	446	1	and	and	CCONJ
ftr-463	446	2	a	a	DET
ftr-463	446	3	sale	sale	NOUN
ftr-463	446	4	is	be	AUX
ftr-463	446	5	nevertheless	nevertheless	ADV
ftr-463	446	6	to	to	PART
ftr-463	446	7	be	be	AUX
ftr-463	446	8	treated	treat	VERB
ftr-463	446	9	as	as	ADP
ftr-463	446	10	a	a	DET
ftr-463	446	11	sale	sale	NOUN
ftr-463	446	12	,	,	PUNCT
ftr-463	446	13	even	even	ADV
ftr-463	446	14	though	though	SCONJ
ftr-463	446	15	the	the	DET
ftr-463	446	16	mechanics	mechanic	NOUN
ftr-463	446	17	of	of	ADP
ftr-463	446	18	a	a	DET
ftr-463	446	19	reorganization	reorganization	NOUN
ftr-463	446	20	have	have	AUX
ftr-463	446	21	been	be	AUX
ftr-463	446	22	set	set	VERB
ftr-463	446	23	up	up	ADP
ftr-463	446	24	"	"	PUNCT
ftr-463	446	25	)	)	PUNCT
ftr-463	446	26	.	.	PUNCT
ftr-463	447	1	66	66	NUM
ftr-463	447	2	.	.	PUNCT
ftr-463	448	1	the	the	DET
ftr-463	448	2	regulations	regulation	NOUN
ftr-463	448	3	stated	state	VERB
ftr-463	448	4	:	:	PUNCT
ftr-463	448	5	the	the	DET
ftr-463	448	6	application	application	NOUN
ftr-463	448	7	of	of	ADP
ftr-463	448	8	the	the	DET
ftr-463	448	9	term	term	NOUN
ftr-463	448	10	"	"	PUNCT
ftr-463	448	11	reorganization	reorganization	NOUN
ftr-463	448	12	"	"	PUNCT
ftr-463	448	13	is	be	AUX
ftr-463	448	14	to	to	PART
ftr-463	448	15	be	be	AUX
ftr-463	448	16	strictly	strictly	ADV
ftr-463	448	17	limited	limit	VERB
ftr-463	448	18	to	to	ADP
ftr-463	448	19	the	the	DET
ftr-463	448	20	specific	specific	ADJ
ftr-463	448	21	transaction	transaction	NOUN
ftr-463	448	22	set	set	VERB
ftr-463	448	23	forth	forth	ADP
ftr-463	448	24	in	in	ADP
ftr-463	448	25	section	section	NOUN
ftr-463	448	26	112(g)t	112(g)t	PROPN
ftr-463	448	27	{	{	PUNCT
ftr-463	448	28	)	)	PUNCT
ftr-463	448	29	.	.	PUNCT
ftr-463	449	1	the	the	DET
ftr-463	449	2	term	term	NOUN
ftr-463	449	3	does	do	AUX
ftr-463	449	4	not	not	PART
ftr-463	449	5	embrace	embrace	VERB
ftr-463	449	6	the	the	DET
ftr-463	449	7	mere	mere	ADJ
ftr-463	449	8	purchase	purchase	NOUN
ftr-463	449	9	by	by	ADP
ftr-463	449	10	one	one	NUM
ftr-463	449	11	corporation	corporation	NOUN
ftr-463	449	12	of	of	ADP
ftr-463	449	13	the	the	DET
ftr-463	449	14	properties	property	NOUN
ftr-463	449	15	of	of	ADP
ftr-463	449	16	another	another	DET
ftr-463	449	17	corporation	corporation	NOUN
ftr-463	449	18	,	,	PUNCT
ftr-463	449	19	for	for	SCONJ
ftr-463	449	20	it	it	PRON
ftr-463	449	21	imports	import	VERB
ftr-463	449	22	a	a	DET
ftr-463	449	23	continuity	continuity	NOUN
ftr-463	449	24	of	of	ADP
ftr-463	449	25	interest	interest	NOUN
ftr-463	449	26	on	on	ADP
ftr-463	449	27	the	the	DET
ftr-463	449	28	part	part	NOUN
ftr-463	449	29	of	of	ADP
ftr-463	449	30	the	the	DET
ftr-463	449	31	transferor	transferor	NOUN
ftr-463	449	32	or	or	CCONJ
ftr-463	449	33	its	its	PRON
ftr-463	449	34	stockholders	stockholder	NOUN
ftr-463	449	35	in	in	ADP
ftr-463	449	36	the	the	DET
ftr-463	449	37	properties	property	NOUN
ftr-463	449	38	transferred	transfer	VERB
ftr-463	449	39	.	.	PUNCT
ftr-463	450	1	if	if	SCONJ
ftr-463	450	2	the	the	DET
ftr-463	450	3	properties	property	NOUN
ftr-463	450	4	are	be	AUX
ftr-463	450	5	transferred	transfer	VERB
ftr-463	450	6	for	for	ADP
ftr-463	450	7	cash	cash	NOUN
ftr-463	450	8	and	and	CCONJ
ftr-463	450	9	deferred	deferred	ADJ
ftr-463	450	10	payment	payment	NOUN
ftr-463	450	11	obligations	obligation	NOUN
ftr-463	450	12	of	of	ADP
ftr-463	450	13	the	the	DET
ftr-463	450	14	transferee	transferee	NOUN
ftr-463	450	15	evidenced	evidence	VERB
ftr-463	450	16	by	by	ADP
ftr-463	450	17	short	short	ADJ
ftr-463	450	18	-	-	PUNCT
ftr-463	450	19	term	term	NOUN
ftr-463	450	20	notes	note	NOUN
ftr-463	450	21	,	,	PUNCT
ftr-463	450	22	the	the	DET
ftr-463	450	23	transaction	transaction	NOUN
ftr-463	450	24	is	be	AUX
ftr-463	450	25	a	a	DET
ftr-463	450	26	sale	sale	NOUN
ftr-463	450	27	and	and	CCONJ
ftr-463	450	28	not	not	PART
ftr-463	450	29	an	an	DET
ftr-463	450	30	exchange	exchange	NOUN
ftr-463	450	31	.	.	PUNCT
ftr-463	451	1	regs	reg	NOUN
ftr-463	451	2	.	.	PUNCT
ftr-463	452	1	101	101	NUM
ftr-463	452	2	,	,	PUNCT
ftr-463	452	3	§	§	PROPN
ftr-463	452	4	112(g)-2	112(g)-2	NUM
ftr-463	452	5	(	(	PUNCT
ftr-463	452	6	1938	1938	NUM
ftr-463	452	7	)	)	PUNCT
ftr-463	452	8	(	(	PUNCT
ftr-463	452	9	emphasis	emphasis	NOUN
ftr-463	452	10	added	add	VERB
ftr-463	452	11	)	)	PUNCT
ftr-463	452	12	.	.	PUNCT
ftr-463	453	1	florida	florida	PROPN
ftr-463	453	2	tax	tax	PROPN
ftr-463	453	3	review	review	NOUN
ftr-463	453	4	spectacle	spectacle	NOUN
ftr-463	453	5	that	that	PRON
ftr-463	453	6	retains	retain	VERB
ftr-463	453	7	its	its	PRON
ftr-463	453	8	color	color	NOUN
ftr-463	453	9	in	in	ADP
ftr-463	453	10	the	the	DET
ftr-463	453	11	recent	recent	ADJ
ftr-463	453	12	"	"	PUNCT
ftr-463	453	13	anti	anti	ADJ
ftr-463	453	14	-	-	ADJ
ftr-463	453	15	yoc	yoc	ADJ
ftr-463	453	16	heating	heating	NOUN
ftr-463	453	17	"	"	PUNCT
ftr-463	453	18	regulations	regulation	NOUN
ftr-463	453	19	issued	issue	VERB
ftr-463	453	20	under	under	ADP
ftr-463	453	21	section	section	NOUN
ftr-463	453	22	338	338	NUM
ftr-463	453	23	.	.	PUNCT
ftr-463	454	1	the	the	DET
ftr-463	454	2	discussion	discussion	NOUN
ftr-463	454	3	is	be	AUX
ftr-463	454	4	divided	divide	VERB
ftr-463	454	5	into	into	ADP
ftr-463	454	6	five	five	NUM
ftr-463	454	7	topics	topic	NOUN
ftr-463	454	8	.	.	PUNCT
ftr-463	455	1	first	first	ADV
ftr-463	455	2	,	,	PUNCT
ftr-463	455	3	this	this	DET
ftr-463	455	4	part	part	NOUN
ftr-463	455	5	describes	describe	VERB
ftr-463	455	6	the	the	DET
ftr-463	455	7	application	application	NOUN
ftr-463	455	8	of	of	ADP
ftr-463	455	9	the	the	DET
ftr-463	455	10	doctrine	doctrine	NOUN
ftr-463	455	11	to	to	ADP
ftr-463	455	12	d	d	PROPN
ftr-463	455	13	and	and	CCONJ
ftr-463	455	14	f	f	PROPN
ftr-463	455	15	reorganizations	reorganization	NOUN
ftr-463	455	16	and	and	CCONJ
ftr-463	455	17	even	even	ADV
ftr-463	455	18	section	section	NOUN
ftr-463	455	19	355	355	NUM
ftr-463	455	20	divisive	divisive	ADJ
ftr-463	455	21	transactions	transaction	NOUN
ftr-463	455	22	.	.	PUNCT
ftr-463	456	1	the	the	DET
ftr-463	456	2	use	use	NOUN
ftr-463	456	3	of	of	ADP
ftr-463	456	4	continuity	continuity	NOUN
ftr-463	456	5	to	to	PART
ftr-463	456	6	disqualify	disqualify	VERB
ftr-463	456	7	a	a	DET
ftr-463	456	8	transaction	transaction	NOUN
ftr-463	456	9	from	from	ADP
ftr-463	456	10	these	these	DET
ftr-463	456	11	provisions	provision	NOUN
ftr-463	456	12	is	be	AUX
ftr-463	456	13	surprising	surprising	ADJ
ftr-463	456	14	because	because	SCONJ
ftr-463	456	15	the	the	DET
ftr-463	456	16	early	early	ADJ
ftr-463	456	17	continuity	continuity	NOUN
ftr-463	456	18	cases	case	NOUN
ftr-463	456	19	stress	stress	VERB
ftr-463	456	20	that	that	SCONJ
ftr-463	456	21	it	it	PRON
ftr-463	456	22	was	be	AUX
ftr-463	456	23	applicable	applicable	ADJ
ftr-463	456	24	only	only	ADV
ftr-463	456	25	to	to	ADP
ftr-463	456	26	the	the	DET
ftr-463	456	27	stock	stock	NOUN
ftr-463	456	28	and	and	CCONJ
ftr-463	456	29	asset	asset	NOUN
ftr-463	456	30	acquisitions	acquisition	NOUN
ftr-463	456	31	described	describe	VERB
ftr-463	456	32	in	in	ADP
ftr-463	456	33	the	the	DET
ftr-463	456	34	original	original	ADJ
ftr-463	456	35	parenthetical	parenthetical	ADJ
ftr-463	456	36	clause	clause	NOUN
ftr-463	456	37	.	.	PUNCT
ftr-463	457	1	second	second	ADJ
ftr-463	457	2	,	,	PUNCT
ftr-463	457	3	this	this	DET
ftr-463	457	4	part	part	NOUN
ftr-463	457	5	examines	examine	VERB
ftr-463	457	6	the	the	DET
ftr-463	457	7	remote	remote	ADJ
ftr-463	457	8	continuity	continuity	NOUN
ftr-463	457	9	doctrine	doctrine	NOUN
ftr-463	457	10	,	,	PUNCT
ftr-463	457	11	which	which	PRON
ftr-463	457	12	unexpectedly	unexpectedly	ADV
ftr-463	457	13	developed	develop	VERB
ftr-463	457	14	from	from	ADP
ftr-463	457	15	groman	groman	NOUN
ftr-463	457	16	and	and	CCONJ
ftr-463	457	17	bashford	bashford	NOUN
ftr-463	457	18	,	,	PUNCT
ftr-463	457	19	cases	case	NOUN
ftr-463	457	20	that	that	PRON
ftr-463	457	21	had	have	VERB
ftr-463	457	22	nothing	nothing	PRON
ftr-463	457	23	to	to	PART
ftr-463	457	24	do	do	VERB
ftr-463	457	25	with	with	ADP
ftr-463	457	26	the	the	DET
ftr-463	457	27	continuity	continuity	NOUN
ftr-463	457	28	of	of	ADP
ftr-463	457	29	interest	interest	NOUN
ftr-463	457	30	doctrine	doctrine	NOUN
ftr-463	457	31	and	and	CCONJ
ftr-463	457	32	in	in	ADP
ftr-463	457	33	which	which	PRON
ftr-463	457	34	the	the	DET
ftr-463	457	35	court	court	NOUN
ftr-463	457	36	found	find	VERB
ftr-463	457	37	that	that	SCONJ
ftr-463	457	38	the	the	DET
ftr-463	457	39	transactions	transaction	NOUN
ftr-463	457	40	at	at	ADP
ftr-463	457	41	issue	issue	NOUN
ftr-463	457	42	were	be	AUX
ftr-463	457	43	reorganizations	reorganization	NOUN
ftr-463	457	44	.	.	PUNCT
ftr-463	458	1	third	third	ADV
ftr-463	458	2	,	,	PUNCT
ftr-463	458	3	this	this	DET
ftr-463	458	4	part	part	NOUN
ftr-463	458	5	discusses	discuss	VERB
ftr-463	458	6	the	the	DET
ftr-463	458	7	controversial	controversial	ADJ
ftr-463	458	8	expansion	expansion	NOUN
ftr-463	458	9	of	of	ADP
ftr-463	458	10	continuity	continuity	NOUN
ftr-463	458	11	to	to	PART
ftr-463	458	12	disqualify	disqualify	VERB
ftr-463	458	13	otherwise	otherwise	ADV
ftr-463	458	14	valid	valid	ADJ
ftr-463	458	15	reorganizations	reorganization	NOUN
ftr-463	458	16	based	base	VERB
ftr-463	458	17	on	on	ADP
ftr-463	458	18	post	post	ADJ
ftr-463	458	19	-	-	ADJ
ftr-463	458	20	reorganization	reorganization	ADJ
ftr-463	458	21	conduct	conduct	NOUN
ftr-463	458	22	of	of	ADP
ftr-463	458	23	the	the	DET
ftr-463	458	24	target	target	NOUN
ftr-463	458	25	's	's	PART
ftr-463	458	26	shareholders	shareholder	NOUN
ftr-463	458	27	.	.	PUNCT
ftr-463	459	1	fourth	fourth	ADJ
ftr-463	459	2	,	,	PUNCT
ftr-463	459	3	this	this	DET
ftr-463	459	4	part	part	NOUN
ftr-463	459	5	examines	examine	VERB
ftr-463	459	6	the	the	DET
ftr-463	459	7	use	use	NOUN
ftr-463	459	8	of	of	ADP
ftr-463	459	9	the	the	DET
ftr-463	459	10	continuity	continuity	NOUN
ftr-463	459	11	doctrine	doctrine	NOUN
ftr-463	459	12	as	as	ADP
ftr-463	459	13	an	an	DET
ftr-463	459	14	alternative	alternative	ADJ
ftr-463	459	15	basis	basis	NOUN
ftr-463	459	16	for	for	ADP
ftr-463	459	17	finding	find	VERB
ftr-463	459	18	that	that	SCONJ
ftr-463	459	19	an	an	DET
ftr-463	459	20	acquiror	acquiror	NOUN
ftr-463	459	21	that	that	PRON
ftr-463	459	22	purchases	purchase	VERB
ftr-463	459	23	stock	stock	NOUN
ftr-463	459	24	of	of	ADP
ftr-463	459	25	a	a	DET
ftr-463	459	26	target	target	NOUN
ftr-463	459	27	and	and	CCONJ
ftr-463	459	28	then	then	ADV
ftr-463	459	29	merges	merge	VERB
ftr-463	459	30	the	the	DET
ftr-463	459	31	target	target	NOUN
ftr-463	459	32	into	into	ADP
ftr-463	459	33	a	a	DET
ftr-463	459	34	subsidiary	subsidiary	NOUN
ftr-463	459	35	as	as	ADP
ftr-463	459	36	part	part	NOUN
ftr-463	459	37	of	of	ADP
ftr-463	459	38	single	single	ADJ
ftr-463	459	39	integrated	integrate	VERB
ftr-463	459	40	transaction	transaction	NOUN
ftr-463	459	41	is	be	AUX
ftr-463	459	42	entitled	entitle	VERB
ftr-463	459	43	to	to	ADP
ftr-463	459	44	a	a	DET
ftr-463	459	45	stepped	step	VERB
ftr-463	459	46	-	-	PUNCT
ftr-463	459	47	up	up	ADP
ftr-463	459	48	basis	basis	NOUN
ftr-463	459	49	in	in	ADP
ftr-463	459	50	the	the	DET
ftr-463	459	51	target	target	NOUN
ftr-463	459	52	's	's	PART
ftr-463	459	53	assets	asset	NOUN
ftr-463	459	54	.	.	PUNCT
ftr-463	460	1	finally	finally	ADV
ftr-463	460	2	,	,	PUNCT
ftr-463	460	3	this	this	DET
ftr-463	460	4	part	part	NOUN
ftr-463	460	5	discusses	discuss	VERB
ftr-463	460	6	the	the	DET
ftr-463	460	7	possible	possible	ADJ
ftr-463	460	8	expansion	expansion	NOUN
ftr-463	460	9	of	of	ADP
ftr-463	460	10	continuity	continuity	NOUN
ftr-463	460	11	to	to	PART
ftr-463	460	12	disqualify	disqualify	VERB
ftr-463	460	13	otherwise	otherwise	ADV
ftr-463	460	14	valid	valid	ADJ
ftr-463	460	15	reorganizations	reorganization	NOUN
ftr-463	460	16	based	base	VERB
ftr-463	460	17	on	on	ADP
ftr-463	460	18	target	target	NOUN
ftr-463	460	19	shareholders	shareholder	NOUN
ftr-463	460	20	'	'	PART
ftr-463	460	21	preacquisition	preacquisition	NOUN
ftr-463	460	22	conduct	conduct	NOUN
ftr-463	460	23	.	.	PUNCT
ftr-463	461	1	a.	a.	NOUN
ftr-463	461	2	expansion	expansion	NOUN
ftr-463	461	3	of	of	ADP
ftr-463	461	4	the	the	DET
ftr-463	461	5	continuity	continuity	NOUN
ftr-463	461	6	doctrine	doctrine	NOUN
ftr-463	461	7	beyond	beyond	ADP
ftr-463	461	8	the	the	DET
ftr-463	461	9	original	original	ADJ
ftr-463	461	10	parenthetical	parenthetical	NOUN
ftr-463	461	11	the	the	DET
ftr-463	461	12	original	original	ADJ
ftr-463	461	13	purpose	purpose	NOUN
ftr-463	461	14	of	of	ADP
ftr-463	461	15	the	the	DET
ftr-463	461	16	continuity	continuity	NOUN
ftr-463	461	17	of	of	ADP
ftr-463	461	18	interest	interest	NOUN
ftr-463	461	19	doctrine	doctrine	NOUN
ftr-463	461	20	,	,	PUNCT
ftr-463	461	21	to	to	PART
ftr-463	461	22	distinguish	distinguish	VERB
ftr-463	461	23	a	a	DET
ftr-463	461	24	merger	merger	NOUN
ftr-463	461	25	-	-	PUNCT
ftr-463	461	26	like	like	ADJ
ftr-463	461	27	stock	stock	NOUN
ftr-463	461	28	or	or	CCONJ
ftr-463	461	29	asset	asset	NOUN
ftr-463	461	30	acquisition	acquisition	NOUN
ftr-463	461	31	from	from	ADP
ftr-463	461	32	a	a	DET
ftr-463	461	33	cash	cash	NOUN
ftr-463	461	34	purchase	purchase	NOUN
ftr-463	461	35	of	of	ADP
ftr-463	461	36	the	the	DET
ftr-463	461	37	target	target	NOUN
ftr-463	461	38	's	's	PART
ftr-463	461	39	assets	asset	NOUN
ftr-463	461	40	,	,	PUNCT
ftr-463	461	41	had	have	VERB
ftr-463	461	42	no	no	DET
ftr-463	461	43	application	application	NOUN
ftr-463	461	44	to	to	ADP
ftr-463	461	45	the	the	DET
ftr-463	461	46	other	other	ADJ
ftr-463	461	47	types	type	NOUN
ftr-463	461	48	of	of	ADP
ftr-463	461	49	reorganizations	reorganization	NOUN
ftr-463	461	50	,	,	PUNCT
ftr-463	461	51	as	as	SCONJ
ftr-463	461	52	early	early	ADJ
ftr-463	461	53	case	case	NOUN
ftr-463	461	54	law	law	NOUN
ftr-463	461	55	recognized.67	recognized.67	VERB
ftr-463	461	56	nevertheless	nevertheless	ADV
ftr-463	461	57	,	,	PUNCT
ftr-463	461	58	the	the	DET
ftr-463	461	59	doctrine	doctrine	NOUN
ftr-463	461	60	is	be	AUX
ftr-463	461	61	now	now	ADV
ftr-463	461	62	said	say	VERB
ftr-463	461	63	to	to	PART
ftr-463	461	64	be	be	AUX
ftr-463	461	65	an	an	DET
ftr-463	461	66	extra	extra	ADJ
ftr-463	461	67	-	-	ADJ
ftr-463	461	68	statutory	statutory	ADJ
ftr-463	461	69	requirement	requirement	NOUN
ftr-463	461	70	of	of	ADP
ftr-463	461	71	d68	d68	PROPN
ftr-463	461	72	and	and	CCONJ
ftr-463	461	73	f	f	PROPN
ftr-463	461	74	reorganizations	reorganization	NOUN
ftr-463	461	75	(	(	PUNCT
ftr-463	461	76	where	where	SCONJ
ftr-463	461	77	a	a	DET
ftr-463	461	78	virtually	virtually	ADV
ftr-463	461	79	100	100	NUM
ftr-463	461	80	%	%	NOUN
ftr-463	461	81	continuity	continuity	NOUN
ftr-463	461	82	requirement	requirement	NOUN
ftr-463	461	83	is	be	AUX
ftr-463	461	84	imposed	impose	VERB
ftr-463	461	85	)	)	PUNCT
ftr-463	461	86	,	,	PUNCT
ftr-463	461	87	69	69	NUM
ftr-463	461	88	and	and	CCONJ
ftr-463	461	89	even	even	ADV
ftr-463	461	90	section	section	NOUN
ftr-463	461	91	355	355	NUM
ftr-463	461	92	divisive	divisive	ADJ
ftr-463	461	93	transactions.7	transactions.7	NOUN
ftr-463	461	94	"	"	PUNCT
ftr-463	461	95	the	the	DET
ftr-463	461	96	application	application	NOUN
ftr-463	461	97	of	of	ADP
ftr-463	461	98	continuity	continuity	NOUN
ftr-463	461	99	to	to	ADP
ftr-463	461	100	d	d	NOUN
ftr-463	461	101	reorganizations	reorganization	NOUN
ftr-463	461	102	,	,	PUNCT
ftr-463	461	103	while	while	SCONJ
ftr-463	461	104	perhaps	perhaps	ADV
ftr-463	461	105	justifiable	justifiable	ADJ
ftr-463	461	106	on	on	ADP
ftr-463	461	107	policy	policy	NOUN
ftr-463	461	108	grounds	ground	NOUN
ftr-463	461	109	in	in	ADP
ftr-463	461	110	a	a	DET
ftr-463	461	111	few	few	ADJ
ftr-463	461	112	situations,7	situations,7	NOUN
ftr-463	461	113	is	be	AUX
ftr-463	461	114	not	not	PART
ftr-463	461	115	supported	support	VERB
ftr-463	461	116	by	by	ADP
ftr-463	461	117	the	the	DET
ftr-463	461	118	statute	statute	NOUN
ftr-463	461	119	or	or	CCONJ
ftr-463	461	120	the	the	DET
ftr-463	461	121	original	original	ADJ
ftr-463	461	122	case	case	NOUN
ftr-463	461	123	law	law	NOUN
ftr-463	461	124	.	.	PUNCT
ftr-463	462	1	in	in	ADP
ftr-463	462	2	contrast	contrast	NOUN
ftr-463	462	3	,	,	PUNCT
ftr-463	462	4	the	the	DET
ftr-463	462	5	application	application	NOUN
ftr-463	462	6	67	67	NUM
ftr-463	462	7	.	.	PUNCT
ftr-463	463	1	see	see	VERB
ftr-463	463	2	,	,	PUNCT
ftr-463	463	3	e.g.	e.g.	ADV
ftr-463	463	4	,	,	PUNCT
ftr-463	463	5	hickok	hickok	PROPN
ftr-463	463	6	v.	v.	PROPN
ftr-463	463	7	commissioner	commissioner	PROPN
ftr-463	463	8	,	,	PUNCT
ftr-463	463	9	32	32	NUM
ftr-463	463	10	t.c	t.c	PROPN
ftr-463	463	11	.	.	PROPN
ftr-463	463	12	80	80	NUM
ftr-463	463	13	(	(	PUNCT
ftr-463	463	14	1959	1959	NUM
ftr-463	463	15	)	)	PUNCT
ftr-463	463	16	(	(	PUNCT
ftr-463	463	17	holding	hold	VERB
ftr-463	463	18	continuity	continuity	NOUN
ftr-463	463	19	inapplicable	inapplicable	ADJ
ftr-463	463	20	to	to	ADP
ftr-463	463	21	e	e	NOUN
ftr-463	463	22	reorganizations	reorganization	NOUN
ftr-463	463	23	(	(	PUNCT
ftr-463	463	24	recapitalizations	recapitalization	NOUN
ftr-463	463	25	)	)	PUNCT
ftr-463	463	26	)	)	PUNCT
ftr-463	463	27	;	;	PUNCT
ftr-463	463	28	microdot	microdot	PROPN
ftr-463	463	29	,	,	PUNCT
ftr-463	463	30	inc	inc	PROPN
ftr-463	463	31	.	.	PROPN
ftr-463	463	32	v.	v.	PROPN
ftr-463	463	33	united	united	PROPN
ftr-463	463	34	states	states	PROPN
ftr-463	463	35	,	,	PUNCT
ftr-463	463	36	728	728	NUM
ftr-463	463	37	f.2d	f.2d	SYM
ftr-463	463	38	593	593	NUM
ftr-463	463	39	(	(	PUNCT
ftr-463	463	40	2d	2d	NUM
ftr-463	463	41	cir	cir	NOUN
ftr-463	463	42	.	.	PUNCT
ftr-463	463	43	1984	1984	NUM
ftr-463	463	44	)	)	PUNCT
ftr-463	463	45	;	;	PUNCT
ftr-463	463	46	golden	golden	ADJ
ftr-463	463	47	nugget	nugget	PROPN
ftr-463	463	48	,	,	PUNCT
ftr-463	463	49	inc	inc	PROPN
ftr-463	463	50	.	.	PROPN
ftr-463	464	1	v.	v.	PROPN
ftr-463	464	2	commissioner	commissioner	PROPN
ftr-463	464	3	,	,	PUNCT
ftr-463	464	4	83	83	NUM
ftr-463	464	5	t.c	t.c	PROPN
ftr-463	464	6	.	.	PROPN
ftr-463	464	7	28	28	NUM
ftr-463	464	8	(	(	PUNCT
ftr-463	464	9	1984	1984	NUM
ftr-463	464	10	)	)	PUNCT
ftr-463	464	11	.	.	PUNCT
ftr-463	465	1	the	the	DET
ftr-463	465	2	service	service	NOUN
ftr-463	465	3	now	now	ADV
ftr-463	465	4	acknowledges	acknowledge	VERB
ftr-463	465	5	that	that	SCONJ
ftr-463	465	6	the	the	DET
ftr-463	465	7	continuity	continuity	NOUN
ftr-463	465	8	of	of	ADP
ftr-463	465	9	interest	interest	NOUN
ftr-463	465	10	doctrine	doctrine	NOUN
ftr-463	465	11	does	do	AUX
ftr-463	465	12	not	not	PART
ftr-463	465	13	apply	apply	VERB
ftr-463	465	14	to	to	ADP
ftr-463	465	15	e	e	NOUN
ftr-463	465	16	reorganizations	reorganization	NOUN
ftr-463	465	17	.	.	PUNCT
ftr-463	466	1	see	see	VERB
ftr-463	466	2	rev	rev	PROPN
ftr-463	466	3	.	.	PROPN
ftr-463	466	4	rul	rul	PROPN
ftr-463	466	5	.	.	PUNCT
ftr-463	467	1	77	77	NUM
ftr-463	467	2	-	-	SYM
ftr-463	467	3	479	479	NUM
ftr-463	467	4	,	,	PUNCT
ftr-463	467	5	1977	1977	NUM
ftr-463	467	6	-	-	SYM
ftr-463	467	7	2	2	NUM
ftr-463	467	8	c.b	c.b	PROPN
ftr-463	467	9	.	.	PROPN
ftr-463	467	10	119	119	NUM
ftr-463	467	11	;	;	PUNCT
ftr-463	467	12	rev	rev	PROPN
ftr-463	467	13	.	.	PROPN
ftr-463	468	1	rul	rul	PROPN
ftr-463	468	2	.	.	PUNCT
ftr-463	469	1	77	77	NUM
ftr-463	469	2	-	-	SYM
ftr-463	469	3	415	415	NUM
ftr-463	469	4	,	,	PUNCT
ftr-463	469	5	1977	1977	NUM
ftr-463	469	6	-	-	SYM
ftr-463	469	7	2	2	NUM
ftr-463	469	8	c.b	c.b	PROPN
ftr-463	469	9	.	.	PROPN
ftr-463	469	10	311	311	NUM
ftr-463	469	11	.	.	X
ftr-463	469	12	68	68	NUM
ftr-463	469	13	.	.	PUNCT
ftr-463	469	14	see	see	VERB
ftr-463	469	15	bittker	bittker	NOUN
ftr-463	469	16	&	&	CCONJ
ftr-463	469	17	eustice	eustice	PROPN
ftr-463	469	18	,	,	PUNCT
ftr-463	469	19	supra	supra	PROPN
ftr-463	469	20	note	note	PROPN
ftr-463	469	21	5	5	NUM
ftr-463	469	22	,	,	PUNCT
ftr-463	469	23	12.26	12.26	NUM
ftr-463	469	24	at	at	ADP
ftr-463	469	25	12	12	NUM
ftr-463	469	26	-	-	SYM
ftr-463	469	27	92	92	NUM
ftr-463	469	28	to	to	PART
ftr-463	469	29	12	12	NUM
ftr-463	469	30	-	-	SYM
ftr-463	469	31	93	93	NUM
ftr-463	469	32	.	.	PUNCT
ftr-463	470	1	69	69	NUM
ftr-463	470	2	.	.	PUNCT
ftr-463	471	1	see	see	VERB
ftr-463	471	2	rev	rev	PROPN
ftr-463	471	3	.	.	PROPN
ftr-463	471	4	rul	rul	PROPN
ftr-463	471	5	.	.	PUNCT
ftr-463	472	1	79	79	NUM
ftr-463	472	2	-	-	SYM
ftr-463	472	3	289	289	NUM
ftr-463	472	4	,	,	PUNCT
ftr-463	472	5	1979	1979	NUM
ftr-463	472	6	-	-	SYM
ftr-463	472	7	2	2	NUM
ftr-463	472	8	c.b	c.b	PROPN
ftr-463	472	9	.	.	PROPN
ftr-463	472	10	145	145	NUM
ftr-463	472	11	;	;	PUNCT
ftr-463	472	12	rev	rev	X
ftr-463	472	13	.	.	PROPN
ftr-463	473	1	rul	rul	PROPN
ftr-463	473	2	.	.	PUNCT
ftr-463	474	1	79	79	NUM
ftr-463	474	2	-	-	SYM
ftr-463	474	3	250	250	NUM
ftr-463	474	4	,	,	PUNCT
ftr-463	474	5	1979	1979	NUM
ftr-463	474	6	-	-	SYM
ftr-463	474	7	2	2	NUM
ftr-463	474	8	c.b	c.b	PROPN
ftr-463	474	9	.	.	PROPN
ftr-463	474	10	156	156	NUM
ftr-463	474	11	;	;	PUNCT
ftr-463	474	12	rev	rev	PROPN
ftr-463	474	13	.	.	PROPN
ftr-463	475	1	rul	rul	NOUN
ftr-463	475	2	.	.	PUNCT
ftr-463	476	1	78	78	NUM
ftr-463	476	2	-	-	SYM
ftr-463	476	3	441	441	NUM
ftr-463	476	4	,	,	PUNCT
ftr-463	476	5	1978	1978	NUM
ftr-463	476	6	-	-	SYM
ftr-463	476	7	2	2	NUM
ftr-463	476	8	c.b	c.b	PROPN
ftr-463	476	9	.	.	PROPN
ftr-463	476	10	152	152	NUM
ftr-463	476	11	;	;	PUNCT
ftr-463	476	12	rev	rev	PROPN
ftr-463	476	13	.	.	PROPN
ftr-463	476	14	rul	rul	NOUN
ftr-463	476	15	.	.	PUNCT
ftr-463	477	1	75	75	NUM
ftr-463	477	2	-	-	SYM
ftr-463	477	3	561	561	NUM
ftr-463	477	4	,	,	PUNCT
ftr-463	477	5	1975	1975	NUM
ftr-463	477	6	-	-	SYM
ftr-463	477	7	2	2	NUM
ftr-463	477	8	c.b	c.b	PROPN
ftr-463	477	9	.	.	PROPN
ftr-463	477	10	129	129	NUM
ftr-463	477	11	.	.	PUNCT
ftr-463	478	1	70	70	NUM
ftr-463	478	2	.	.	PUNCT
ftr-463	479	1	see	see	VERB
ftr-463	479	2	regs	reg	NOUN
ftr-463	479	3	.	.	PUNCT
ftr-463	480	1	§	§	PROPN
ftr-463	480	2	1.355	1.355	NUM
ftr-463	480	3	-	-	SYM
ftr-463	480	4	2(c)(1	2(c)(1	NUM
ftr-463	480	5	)	)	PUNCT
ftr-463	480	6	,	,	PUNCT
ftr-463	480	7	(	(	PUNCT
ftr-463	480	8	2	2	NUM
ftr-463	480	9	)	)	PUNCT
ftr-463	480	10	.	.	PUNCT
ftr-463	481	1	71	71	NUM
ftr-463	481	2	.	.	PUNCT
ftr-463	482	1	this	this	DET
ftr-463	482	2	topic	topic	NOUN
ftr-463	482	3	is	be	AUX
ftr-463	482	4	discussed	discuss	VERB
ftr-463	482	5	below	below	ADV
ftr-463	482	6	in	in	ADP
ftr-463	482	7	part	part	NOUN
ftr-463	482	8	v.c.4	v.c.4	PUNCT
ftr-463	482	9	.	.	PUNCT
ftr-463	483	1	[	[	X
ftr-463	483	2	vol	vol	NOUN
ftr-463	483	3	.	.	PUNCT
ftr-463	483	4	3:5	3:5	NUM
ftr-463	483	5	1996	1996	NUM
ftr-463	483	6	]	]	PUNCT
ftr-463	483	7	devolution	devolution	NOUN
ftr-463	483	8	&	&	CCONJ
ftr-463	483	9	inevitable	inevitable	ADJ
ftr-463	483	10	extinction	extinction	NOUN
ftr-463	483	11	of	of	ADP
ftr-463	483	12	the	the	DET
ftr-463	483	13	continuity	continuity	NOUN
ftr-463	483	14	of	of	ADP
ftr-463	483	15	interest	interest	NOUN
ftr-463	483	16	doctrine	doctrine	NOUN
ftr-463	483	17	209	209	NUM
ftr-463	483	18	of	of	ADP
ftr-463	483	19	continuity	continuity	NOUN
ftr-463	483	20	to	to	ADP
ftr-463	483	21	f	f	PROPN
ftr-463	483	22	reorganizations	reorganization	NOUN
ftr-463	483	23	and	and	CCONJ
ftr-463	483	24	corporate	corporate	ADJ
ftr-463	483	25	divisions	division	NOUN
ftr-463	483	26	should	should	AUX
ftr-463	483	27	be	be	AUX
ftr-463	483	28	understood	understand	VERB
ftr-463	483	29	as	as	ADP
ftr-463	483	30	an	an	DET
ftr-463	483	31	example	example	NOUN
ftr-463	483	32	of	of	ADP
ftr-463	483	33	evolutionary	evolutionary	ADJ
ftr-463	483	34	convergence	convergence	NOUN
ftr-463	483	35	:	:	PUNCT
ftr-463	483	36	the	the	DET
ftr-463	483	37	appearance	appearance	NOUN
ftr-463	483	38	of	of	ADP
ftr-463	483	39	a	a	DET
ftr-463	483	40	concept	concept	NOUN
ftr-463	483	41	analogous	analogous	ADJ
ftr-463	483	42	to	to	ADP
ftr-463	483	43	the	the	DET
ftr-463	483	44	historic	historic	ADJ
ftr-463	483	45	continuity	continuity	NOUN
ftr-463	483	46	requirement	requirement	NOUN
ftr-463	483	47	of	of	ADP
ftr-463	483	48	pinellas	pinellas	PROPN
ftr-463	483	49	and	and	CCONJ
ftr-463	483	50	cortland	cortland	PROPN
ftr-463	483	51	,	,	PUNCT
ftr-463	483	52	but	but	CCONJ
ftr-463	483	53	unrelated	unrelated	ADJ
ftr-463	483	54	as	as	ADP
ftr-463	483	55	a	a	DET
ftr-463	483	56	matter	matter	NOUN
ftr-463	483	57	of	of	ADP
ftr-463	483	58	pedigree	pedigree	NOUN
ftr-463	483	59	.	.	PUNCT
ftr-463	484	1	1	1	X
ftr-463	484	2	.	.	X
ftr-463	484	3	d	d	NOUN
ftr-463	484	4	reorganizations.-d	reorganizations.-d	ADP
ftr-463	484	5	reorganizations	reorganization	NOUN
ftr-463	484	6	have	have	VERB
ftr-463	484	7	their	their	PRON
ftr-463	484	8	genesis	genesis	NOUN
ftr-463	484	9	in	in	ADP
ftr-463	484	10	section	section	NOUN
ftr-463	484	11	203(h)(1)(b	203(h)(1)(b	PROPN
ftr-463	484	12	)	)	PUNCT
ftr-463	484	13	of	of	ADP
ftr-463	484	14	the	the	DET
ftr-463	484	15	1924	1924	NUM
ftr-463	484	16	act	act	NOUN
ftr-463	484	17	,	,	PUNCT
ftr-463	484	18	which	which	PRON
ftr-463	484	19	included	include	VERB
ftr-463	484	20	as	as	ADP
ftr-463	484	21	a	a	DET
ftr-463	484	22	reorganization	reorganization	NOUN
ftr-463	484	23	"	"	PUNCT
ftr-463	484	24	a	a	DET
ftr-463	484	25	transfer	transfer	NOUN
ftr-463	484	26	by	by	ADP
ftr-463	484	27	a	a	DET
ftr-463	484	28	corporation	corporation	NOUN
ftr-463	484	29	of	of	ADP
ftr-463	484	30	all	all	PRON
ftr-463	484	31	or	or	CCONJ
ftr-463	484	32	a	a	DET
ftr-463	484	33	part	part	NOUN
ftr-463	484	34	of	of	ADP
ftr-463	484	35	its	its	PRON
ftr-463	484	36	assets	asset	NOUN
ftr-463	484	37	to	to	ADP
ftr-463	484	38	another	another	DET
ftr-463	484	39	corporation	corporation	NOUN
ftr-463	484	40	if	if	SCONJ
ftr-463	484	41	immediately	immediately	ADV
ftr-463	484	42	after	after	ADP
ftr-463	484	43	the	the	DET
ftr-463	484	44	transfer	transfer	NOUN
ftr-463	484	45	the	the	DET
ftr-463	484	46	transferor	transferor	NOUN
ftr-463	484	47	or	or	CCONJ
ftr-463	484	48	its	its	PRON
ftr-463	484	49	stockholders	stockholder	NOUN
ftr-463	484	50	or	or	CCONJ
ftr-463	484	51	both	both	PRON
ftr-463	484	52	are	be	AUX
ftr-463	484	53	in	in	ADP
ftr-463	484	54	control	control	NOUN
ftr-463	484	55	of	of	ADP
ftr-463	484	56	the	the	DET
ftr-463	484	57	corporation	corporation	NOUN
ftr-463	484	58	to	to	PART
ftr-463	484	59	which	which	PRON
ftr-463	484	60	the	the	DET
ftr-463	484	61	assets	asset	NOUN
ftr-463	484	62	are	be	AUX
ftr-463	484	63	transferred	transfer	VERB
ftr-463	484	64	.	.	PUNCT
ftr-463	484	65	"	"	PUNCT
ftr-463	485	1	'	'	PUNCT
ftr-463	485	2	the	the	DET
ftr-463	485	3	original	original	ADJ
ftr-463	485	4	continuity	continuity	NOUN
ftr-463	485	5	cases	case	NOUN
ftr-463	485	6	were	be	AUX
ftr-463	485	7	inapplicable	inapplicable	ADJ
ftr-463	485	8	because	because	SCONJ
ftr-463	485	9	cortland	cortland	PROPN
ftr-463	485	10	and	and	CCONJ
ftr-463	485	11	pinellas	pinellas	PROPN
ftr-463	485	12	interpreted	interpret	VERB
ftr-463	485	13	the	the	DET
ftr-463	485	14	parenthetical	parenthetical	ADJ
ftr-463	485	15	clause	clause	NOUN
ftr-463	485	16	describing	describe	VERB
ftr-463	485	17	b	b	PROPN
ftr-463	485	18	and	and	CCONJ
ftr-463	485	19	c	c	NOUN
ftr-463	485	20	reorganizations	reorganization	NOUN
ftr-463	485	21	and	and	CCONJ
ftr-463	485	22	d	d	NOUN
ftr-463	485	23	reorganizations	reorganization	NOUN
ftr-463	485	24	were	be	AUX
ftr-463	485	25	not	not	PART
ftr-463	485	26	included	include	VERB
ftr-463	485	27	in	in	ADP
ftr-463	485	28	that	that	DET
ftr-463	485	29	clause	clause	NOUN
ftr-463	485	30	or	or	CCONJ
ftr-463	485	31	intended	intend	VERB
ftr-463	485	32	as	as	ADP
ftr-463	485	33	surrogates	surrogate	NOUN
ftr-463	485	34	for	for	ADP
ftr-463	485	35	statutory	statutory	ADJ
ftr-463	485	36	mergers	merger	NOUN
ftr-463	485	37	.	.	PUNCT
ftr-463	486	1	the	the	DET
ftr-463	486	2	"	"	PUNCT
ftr-463	486	3	control	control	NOUN
ftr-463	486	4	"	"	PUNCT
ftr-463	486	5	requirement	requirement	NOUN
ftr-463	486	6	of	of	ADP
ftr-463	486	7	modem	modem	PROPN
ftr-463	486	8	section	section	PROPN
ftr-463	486	9	368(a)(1)(d	368(a)(1)(d	NUM
ftr-463	486	10	)	)	PUNCT
ftr-463	486	11	provided	provide	VERB
ftr-463	486	12	the	the	DET
ftr-463	486	13	closest	close	ADJ
ftr-463	486	14	analogy	analogy	NOUN
ftr-463	486	15	,	,	PUNCT
ftr-463	486	16	and	and	CCONJ
ftr-463	486	17	at	at	ADP
ftr-463	486	18	times	time	NOUN
ftr-463	486	19	it	it	PRON
ftr-463	486	20	was	be	AUX
ftr-463	486	21	referred	refer	VERB
ftr-463	486	22	to	to	ADP
ftr-463	486	23	by	by	ADP
ftr-463	486	24	the	the	DET
ftr-463	486	25	courts	court	NOUN
ftr-463	486	26	as	as	ADP
ftr-463	486	27	the	the	DET
ftr-463	486	28	continuity	continuity	NOUN
ftr-463	486	29	requirement	requirement	NOUN
ftr-463	486	30	of	of	ADP
ftr-463	486	31	d	d	PROPN
ftr-463	486	32	reorganizations	reorganization	NOUN
ftr-463	486	33	.	.	PUNCT
ftr-463	487	1	the	the	DET
ftr-463	487	2	courts	court	NOUN
ftr-463	487	3	made	make	VERB
ftr-463	487	4	clear	clear	ADJ
ftr-463	487	5	,	,	PUNCT
ftr-463	487	6	however	however	ADV
ftr-463	487	7	,	,	PUNCT
ftr-463	487	8	that	that	SCONJ
ftr-463	487	9	the	the	DET
ftr-463	487	10	statutory	statutory	ADJ
ftr-463	487	11	definition	definition	NOUN
ftr-463	487	12	of	of	ADP
ftr-463	487	13	control	control	NOUN
ftr-463	487	14	,	,	PUNCT
ftr-463	487	15	while	while	SCONJ
ftr-463	487	16	similar	similar	ADJ
ftr-463	487	17	to	to	ADP
ftr-463	487	18	the	the	DET
ftr-463	487	19	continuity	continuity	NOUN
ftr-463	487	20	concept	concept	NOUN
ftr-463	487	21	of	of	ADP
ftr-463	487	22	cortland	cortland	PROPN
ftr-463	487	23	and	and	CCONJ
ftr-463	487	24	pinellas	pinellas	PROPN
ftr-463	487	25	,	,	PUNCT
ftr-463	487	26	superseded	supersede	VERB
ftr-463	487	27	it	it	PRON
ftr-463	487	28	.	.	PUNCT
ftr-463	488	1	this	this	DET
ftr-463	488	2	point	point	NOUN
ftr-463	488	3	is	be	AUX
ftr-463	488	4	made	make	VERB
ftr-463	488	5	in	in	ADP
ftr-463	488	6	weicker	weicker	NOUN
ftr-463	488	7	v.	v.	ADP
ftr-463	488	8	howbert	howbert	PROPN
ftr-463	488	9	,	,	PUNCT
ftr-463	488	10	"	"	PUNCT
ftr-463	488	11	where	where	SCONJ
ftr-463	488	12	assets	asset	NOUN
ftr-463	488	13	of	of	ADP
ftr-463	488	14	a	a	DET
ftr-463	488	15	distributing	distribute	VERB
ftr-463	488	16	corporation	corporation	NOUN
ftr-463	488	17	were	be	AUX
ftr-463	488	18	transferred	transfer	VERB
ftr-463	488	19	to	to	ADP
ftr-463	488	20	its	its	PRON
ftr-463	488	21	newly	newly	ADV
ftr-463	488	22	-	-	PUNCT
ftr-463	488	23	organized	organize	VERB
ftr-463	488	24	subsidiary	subsidiary	NOUN
ftr-463	488	25	and	and	CCONJ
ftr-463	488	26	the	the	DET
ftr-463	488	27	subsidiary	subsidiary	NOUN
ftr-463	488	28	was	be	AUX
ftr-463	488	29	split	split	NOUN
ftr-463	488	30	-	-	PUNCT
ftr-463	488	31	off	off	NOUN
ftr-463	488	32	,	,	PUNCT
ftr-463	488	33	with	with	ADP
ftr-463	488	34	a	a	DET
ftr-463	488	35	shareholder	shareholder	NOUN
ftr-463	488	36	of	of	ADP
ftr-463	488	37	the	the	DET
ftr-463	488	38	distributing	distribute	VERB
ftr-463	488	39	company	company	NOUN
ftr-463	488	40	exchanging	exchange	VERB
ftr-463	488	41	all	all	PRON
ftr-463	489	1	but	but	SCONJ
ftr-463	489	2	one	one	NUM
ftr-463	489	3	of	of	ADP
ftr-463	489	4	her	her	PRON
ftr-463	489	5	shares	share	NOUN
ftr-463	489	6	for	for	ADP
ftr-463	489	7	a	a	DET
ftr-463	489	8	73	73	NUM
ftr-463	489	9	%	%	NOUN
ftr-463	489	10	stake	stake	NOUN
ftr-463	489	11	in	in	ADP
ftr-463	489	12	the	the	DET
ftr-463	489	13	split	split	NOUN
ftr-463	489	14	-	-	PUNCT
ftr-463	489	15	off	off	ADP
ftr-463	489	16	subsidiary	subsidiary	NOUN
ftr-463	489	17	and	and	CCONJ
ftr-463	489	18	another	another	PRON
ftr-463	489	19	exchanging	exchange	VERB
ftr-463	489	20	some	some	PRON
ftr-463	489	21	of	of	ADP
ftr-463	489	22	his	his	PRON
ftr-463	489	23	shares	share	NOUN
ftr-463	489	24	for	for	ADP
ftr-463	489	25	the	the	DET
ftr-463	489	26	remainder	remainder	NOUN
ftr-463	489	27	of	of	ADP
ftr-463	489	28	the	the	DET
ftr-463	489	29	former	former	ADJ
ftr-463	489	30	subsidiary	subsidiary	NOUN
ftr-463	489	31	's	's	PART
ftr-463	489	32	stock	stock	NOUN
ftr-463	489	33	.	.	PUNCT
ftr-463	490	1	the	the	DET
ftr-463	490	2	court	court	NOUN
ftr-463	490	3	ruled	rule	VERB
ftr-463	490	4	that	that	SCONJ
ftr-463	490	5	the	the	DET
ftr-463	490	6	transaction	transaction	NOUN
ftr-463	490	7	did	do	AUX
ftr-463	490	8	not	not	PART
ftr-463	490	9	qualify	qualify	VERB
ftr-463	490	10	as	as	ADP
ftr-463	490	11	a	a	DET
ftr-463	490	12	d	d	NOUN
ftr-463	490	13	reorganization	reorganization	NOUN
ftr-463	490	14	under	under	ADP
ftr-463	490	15	the	the	DET
ftr-463	490	16	1928	1928	NUM
ftr-463	490	17	act	act	NOUN
ftr-463	490	18	because	because	SCONJ
ftr-463	490	19	,	,	PUNCT
ftr-463	490	20	after	after	ADP
ftr-463	490	21	the	the	DET
ftr-463	490	22	split	split	NOUN
ftr-463	490	23	-	-	PUNCT
ftr-463	490	24	off	off	NOUN
ftr-463	490	25	,	,	PUNCT
ftr-463	490	26	the	the	DET
ftr-463	490	27	distributing	distribute	VERB
ftr-463	490	28	company	company	NOUN
ftr-463	490	29	's	's	PART
ftr-463	490	30	shareholders	shareholder	NOUN
ftr-463	490	31	did	do	AUX
ftr-463	490	32	not	not	PART
ftr-463	490	33	together	together	ADV
ftr-463	490	34	control	control	VERB
ftr-463	490	35	the	the	DET
ftr-463	490	36	former	former	ADJ
ftr-463	490	37	subsidiary	subsidiary	NOUN
ftr-463	490	38	(	(	PUNCT
ftr-463	490	39	the	the	DET
ftr-463	490	40	single	single	ADJ
ftr-463	490	41	share	share	NOUN
ftr-463	490	42	retained	retain	VERB
ftr-463	490	43	by	by	ADP
ftr-463	490	44	one	one	NUM
ftr-463	490	45	of	of	ADP
ftr-463	490	46	the	the	DET
ftr-463	490	47	shareholders	shareholder	NOUN
ftr-463	490	48	being	be	AUX
ftr-463	490	49	ignored	ignore	VERB
ftr-463	490	50	):	):	PUNCT
ftr-463	490	51	"	"	PUNCT
ftr-463	490	52	in	in	ADP
ftr-463	490	53	order	order	NOUN
ftr-463	490	54	to	to	PART
ftr-463	490	55	[	[	X
ftr-463	490	56	be	be	AUX
ftr-463	490	57	a	a	DET
ftr-463	490	58	d	d	NOUN
ftr-463	490	59	reorganization	reorganization	NOUN
ftr-463	490	60	]	]	PUNCT
ftr-463	490	61	,	,	PUNCT
ftr-463	490	62	there	there	PRON
ftr-463	490	63	must	must	AUX
ftr-463	490	64	be	be	AUX
ftr-463	490	65	a	a	DET
ftr-463	490	66	continuity	continuity	NOUN
ftr-463	490	67	of	of	ADP
ftr-463	490	68	interest	interest	NOUN
ftr-463	490	69	on	on	ADP
ftr-463	490	70	the	the	DET
ftr-463	490	71	part	part	NOUN
ftr-463	490	72	of	of	ADP
ftr-463	490	73	the	the	DET
ftr-463	490	74	transferor	transferor	NOUN
ftr-463	490	75	corporation	corporation	NOUN
ftr-463	490	76	or	or	CCONJ
ftr-463	490	77	its	its	PRON
ftr-463	490	78	stockholders	stockholder	NOUN
ftr-463	490	79	in	in	ADP
ftr-463	490	80	the	the	DET
ftr-463	490	81	transferee	transferee	NOUN
ftr-463	490	82	corporation	corporation	NOUN
ftr-463	490	83	amounting	amount	VERB
ftr-463	490	84	to	to	ADP
ftr-463	490	85	a	a	DET
ftr-463	490	86	control	control	NOUN
ftr-463	490	87	by	by	ADP
ftr-463	490	88	the	the	DET
ftr-463	490	89	former	former	ADJ
ftr-463	490	90	of	of	ADP
ftr-463	490	91	the	the	DET
ftr-463	490	92	latter	latter	ADJ
ftr-463	490	93	.	.	PUNCT
ftr-463	491	1	"7	"7	ADJ
ftr-463	491	2	in	in	ADP
ftr-463	491	3	1954	1954	NUM
ftr-463	491	4	,	,	PUNCT
ftr-463	491	5	congress	congress	PROPN
ftr-463	491	6	relaxed	relax	VERB
ftr-463	491	7	the	the	DET
ftr-463	491	8	control	control	NOUN
ftr-463	491	9	requirement	requirement	NOUN
ftr-463	491	10	of	of	ADP
ftr-463	491	11	d	d	PROPN
ftr-463	491	12	reorganizations	reorganization	NOUN
ftr-463	491	13	by	by	ADP
ftr-463	491	14	permitting	permit	VERB
ftr-463	491	15	it	it	PRON
ftr-463	491	16	to	to	PART
ftr-463	491	17	be	be	AUX
ftr-463	491	18	met	meet	VERB
ftr-463	491	19	if	if	SCONJ
ftr-463	491	20	former	former	ADJ
ftr-463	491	21	shareholders	shareholder	NOUN
ftr-463	491	22	of	of	ADP
ftr-463	491	23	the	the	DET
ftr-463	491	24	distributing	distribute	VERB
ftr-463	491	25	corporation	corporation	NOUN
ftr-463	491	26	were	be	AUX
ftr-463	491	27	in	in	ADP
ftr-463	491	28	control	control	NOUN
ftr-463	491	29	of	of	ADP
ftr-463	491	30	the	the	DET
ftr-463	491	31	controlled	control	VERB
ftr-463	491	32	corporation	corporation	NOUN
ftr-463	491	33	after	after	SCONJ
ftr-463	491	34	the	the	DET
ftr-463	491	35	transaction.75	transaction.75	PROPN
ftr-463	491	36	the	the	DET
ftr-463	491	37	current	current	ADJ
ftr-463	491	38	regulations	regulation	NOUN
ftr-463	491	39	insist	insist	VERB
ftr-463	491	40	that	that	SCONJ
ftr-463	491	41	the	the	DET
ftr-463	491	42	judicial	judicial	ADJ
ftr-463	491	43	continuity	continuity	NOUN
ftr-463	491	44	test	test	NOUN
ftr-463	491	45	is	be	AUX
ftr-463	491	46	a	a	DET
ftr-463	491	47	72	72	NUM
ftr-463	491	48	.	.	PUNCT
ftr-463	492	1	revenue	revenue	NOUN
ftr-463	492	2	act	act	NOUN
ftr-463	492	3	of	of	ADP
ftr-463	492	4	1924	1924	NUM
ftr-463	492	5	,	,	PUNCT
ftr-463	492	6	203(h)(1)(b	203(h)(1)(b	PROPN
ftr-463	492	7	)	)	PUNCT
ftr-463	492	8	.	.	PUNCT
ftr-463	493	1	43	43	NUM
ftr-463	493	2	stat	stat	NOUN
ftr-463	493	3	.	.	PUNCT
ftr-463	494	1	253	253	NUM
ftr-463	494	2	.	.	PUNCT
ftr-463	495	1	73	73	NUM
ftr-463	495	2	.	.	X
ftr-463	495	3	103	103	NUM
ftr-463	495	4	f.2d	f.2d	SYM
ftr-463	495	5	105	105	NUM
ftr-463	495	6	(	(	PUNCT
ftr-463	495	7	10th	10th	ADJ
ftr-463	495	8	cir	cir	NOUN
ftr-463	495	9	.	.	PUNCT
ftr-463	495	10	1939	1939	NUM
ftr-463	495	11	)	)	PUNCT
ftr-463	495	12	.	.	PUNCT
ftr-463	496	1	74	74	NUM
ftr-463	496	2	.	.	PUNCT
ftr-463	497	1	i	i	PRON
ftr-463	497	2	d.	d.	PROPN
ftr-463	497	3	at	at	ADP
ftr-463	497	4	109	109	NUM
ftr-463	497	5	.	.	PUNCT
ftr-463	497	6	see	see	VERB
ftr-463	497	7	also	also	ADV
ftr-463	497	8	williamson	williamson	PROPN
ftr-463	497	9	v.	v.	PROPN
ftr-463	497	10	commissioner	commissioner	PROPN
ftr-463	497	11	,	,	PUNCT
ftr-463	497	12	27	27	NUM
ftr-463	497	13	t.c	t.c	PROPN
ftr-463	497	14	.	.	PROPN
ftr-463	497	15	647	647	NUM
ftr-463	497	16	,	,	PUNCT
ftr-463	497	17	660	660	NUM
ftr-463	497	18	(	(	PUNCT
ftr-463	497	19	1957	1957	NUM
ftr-463	497	20	)	)	PUNCT
ftr-463	497	21	(	(	PUNCT
ftr-463	497	22	"	"	PUNCT
ftr-463	497	23	the	the	DET
ftr-463	497	24	transaction	transaction	NOUN
ftr-463	497	25	,	,	PUNCT
ftr-463	497	26	therefore	therefore	ADV
ftr-463	497	27	,	,	PUNCT
ftr-463	497	28	fails	fail	VERB
ftr-463	497	29	to	to	PART
ftr-463	497	30	qualify	qualify	VERB
ftr-463	497	31	as	as	ADP
ftr-463	497	32	a	a	DET
ftr-463	497	33	corporate	corporate	ADJ
ftr-463	497	34	[	[	X
ftr-463	497	35	d	d	X
ftr-463	497	36	]	]	X
ftr-463	497	37	reorganization	reorganization	NOUN
ftr-463	497	38	because	because	SCONJ
ftr-463	497	39	it	it	PRON
ftr-463	497	40	fails	fail	VERB
ftr-463	497	41	to	to	PART
ftr-463	497	42	comply	comply	VERB
ftr-463	497	43	with	with	ADP
ftr-463	497	44	the	the	DET
ftr-463	497	45	provisions	provision	NOUN
ftr-463	497	46	of	of	ADP
ftr-463	497	47	the	the	DET
ftr-463	497	48	statute	statute	NOUN
ftr-463	497	49	intended	intend	VERB
ftr-463	497	50	to	to	PART
ftr-463	497	51	result	result	VERB
ftr-463	497	52	in	in	ADP
ftr-463	497	53	a	a	DET
ftr-463	497	54	continuity	continuity	NOUN
ftr-463	497	55	of	of	ADP
ftr-463	497	56	interest	interest	NOUN
ftr-463	497	57	by	by	ADP
ftr-463	497	58	the	the	DET
ftr-463	497	59	transferor	transferor	NOUN
ftr-463	497	60	corporation	corporation	NOUN
ftr-463	497	61	or	or	CCONJ
ftr-463	497	62	its	its	PRON
ftr-463	497	63	stockholders	stockholder	NOUN
ftr-463	497	64	,	,	PUNCT
ftr-463	497	65	or	or	CCONJ
ftr-463	497	66	both	both	PRON
ftr-463	497	67	,	,	PUNCT
ftr-463	497	68	in	in	ADP
ftr-463	497	69	the	the	DET
ftr-463	497	70	transferee	transferee	NOUN
ftr-463	497	71	corporation-	corporation-	NOUN
ftr-463	497	72	)	)	PUNCT
ftr-463	497	73	.	.	PUNCT
ftr-463	498	1	75	75	NUM
ftr-463	498	2	.	.	PUNCT
ftr-463	499	1	irc	irc	PROPN
ftr-463	499	2	§	§	PROPN
ftr-463	499	3	368(a)(1)(d	368(a)(1)(d	PROPN
ftr-463	499	4	)	)	PUNCT
ftr-463	499	5	(	(	PUNCT
ftr-463	499	6	1954	1954	NUM
ftr-463	499	7	)	)	PUNCT
ftr-463	499	8	.	.	PUNCT
ftr-463	500	1	see	see	VERB
ftr-463	500	2	s.	s.	PROPN
ftr-463	500	3	rep	rep	PROPN
ftr-463	500	4	.	.	PROPN
ftr-463	500	5	no	no	PROPN
ftr-463	500	6	.	.	NOUN
ftr-463	500	7	1622	1622	NUM
ftr-463	500	8	,	,	PUNCT
ftr-463	500	9	83d	83d	NUM
ftr-463	500	10	cong	cong	NOUN
ftr-463	500	11	.	.	PROPN
ftr-463	500	12	,	,	PUNCT
ftr-463	500	13	2d	2d	PROPN
ftr-463	500	14	sess	sess	NOUN
ftr-463	500	15	.	.	PUNCT
ftr-463	501	1	273	273	NUM
ftr-463	501	2	-	-	SYM
ftr-463	501	3	74	74	NUM
ftr-463	501	4	(	(	PUNCT
ftr-463	501	5	1954	1954	NUM
ftr-463	501	6	)	)	PUNCT
ftr-463	501	7	,	,	PUNCT
ftr-463	501	8	reprinted	reprint	VERB
ftr-463	501	9	in	in	ADP
ftr-463	501	10	1954	1954	NUM
ftr-463	501	11	u.s.c.c.a.n	u.s.c.c.a.n	PROPN
ftr-463	501	12	.	.	PUNCT
ftr-463	501	13	4785	4785	NUM
ftr-463	501	14	,	,	PUNCT
ftr-463	501	15	4912	4912	NUM
ftr-463	501	16	.	.	PUNCT
ftr-463	502	1	florida	florida	PROPN
ftr-463	502	2	tax	tax	PROPN
ftr-463	502	3	review	review	NOUN
ftr-463	502	4	condition	condition	NOUN
ftr-463	502	5	of	of	ADP
ftr-463	502	6	all	all	DET
ftr-463	502	7	reorganizations	reorganization	NOUN
ftr-463	502	8	but	but	CCONJ
ftr-463	502	9	also	also	ADV
ftr-463	502	10	appear	appear	VERB
ftr-463	502	11	to	to	PART
ftr-463	502	12	acknowledge	acknowledge	VERB
ftr-463	502	13	that	that	SCONJ
ftr-463	502	14	,	,	PUNCT
ftr-463	502	15	for	for	ADP
ftr-463	502	16	d	d	PROPN
ftr-463	502	17	reorganizations	reorganization	NOUN
ftr-463	502	18	,	,	PUNCT
ftr-463	502	19	the	the	DET
ftr-463	502	20	statutory	statutory	PROPN
ftr-463	502	21	control	control	PROPN
ftr-463	502	22	test	test	NOUN
ftr-463	502	23	has	have	AUX
ftr-463	502	24	replaced	replace	VERB
ftr-463	502	25	it.76	it.76	NOUN
ftr-463	502	26	nevertheless	nevertheless	ADV
ftr-463	502	27	,	,	PUNCT
ftr-463	502	28	issues	issue	NOUN
ftr-463	502	29	continue	continue	VERB
ftr-463	502	30	to	to	PART
ftr-463	502	31	exist	exist	VERB
ftr-463	502	32	as	as	ADP
ftr-463	502	33	to	to	ADP
ftr-463	502	34	whether	whether	SCONJ
ftr-463	502	35	a	a	DET
ftr-463	502	36	transaction	transaction	NOUN
ftr-463	502	37	that	that	PRON
ftr-463	502	38	otherwise	otherwise	ADV
ftr-463	502	39	qualifies	qualify	VERB
ftr-463	502	40	as	as	ADP
ftr-463	502	41	a	a	DET
ftr-463	502	42	d	d	NOUN
ftr-463	502	43	reorganization	reorganization	NOUN
ftr-463	502	44	is	be	AUX
ftr-463	502	45	disqualified	disqualify	VERB
ftr-463	502	46	if	if	SCONJ
ftr-463	502	47	the	the	DET
ftr-463	502	48	acquiror	acquiror	NOUN
ftr-463	502	49	's	's	PART
ftr-463	502	50	consideration	consideration	NOUN
ftr-463	502	51	consists	consist	VERB
ftr-463	502	52	of	of	ADP
ftr-463	502	53	some	some	PRON
ftr-463	502	54	of	of	ADP
ftr-463	502	55	its	its	PRON
ftr-463	502	56	stock	stock	NOUN
ftr-463	502	57	but	but	CCONJ
ftr-463	502	58	not	not	PART
ftr-463	502	59	a	a	DET
ftr-463	502	60	sufficient	sufficient	ADJ
ftr-463	502	61	amount	amount	NOUN
ftr-463	502	62	to	to	PART
ftr-463	502	63	satisfy	satisfy	VERB
ftr-463	502	64	traditional	traditional	ADJ
ftr-463	502	65	continuity	continuity	NOUN
ftr-463	502	66	thresholds	threshold	NOUN
ftr-463	502	67	,	,	PUNCT
ftr-463	502	68	77	77	NUM
ftr-463	502	69	and	and	CCONJ
ftr-463	502	70	whether	whether	SCONJ
ftr-463	502	71	the	the	DET
ftr-463	502	72	remote	remote	ADJ
ftr-463	502	73	continuity	continuity	NOUN
ftr-463	502	74	doctrine	doctrine	NOUN
ftr-463	502	75	(	(	PUNCT
ftr-463	502	76	discussed	discuss	VERB
ftr-463	502	77	below	below	ADV
ftr-463	502	78	in	in	ADP
ftr-463	502	79	part	part	NOUN
ftr-463	502	80	iii.b	iii.b	X
ftr-463	502	81	)	)	PUNCT
ftr-463	502	82	disqualifies	disqualify	VERB
ftr-463	502	83	a	a	DET
ftr-463	502	84	d	d	NOUN
ftr-463	502	85	reorganization	reorganization	NOUN
ftr-463	502	86	if	if	SCONJ
ftr-463	502	87	the	the	DET
ftr-463	502	88	target	target	NOUN
ftr-463	502	89	's	's	PART
ftr-463	502	90	assets	asset	NOUN
ftr-463	502	91	are	be	AUX
ftr-463	502	92	dropped	drop	VERB
ftr-463	502	93	into	into	ADP
ftr-463	502	94	a	a	DET
ftr-463	502	95	subsidiary	subsidiary	NOUN
ftr-463	502	96	before	before	ADP
ftr-463	502	97	or	or	CCONJ
ftr-463	502	98	after	after	ADP
ftr-463	502	99	the	the	DET
ftr-463	502	100	acquisition.78	acquisition.78	NOUN
ftr-463	502	101	2	2	NUM
ftr-463	502	102	.	.	NOUN
ftr-463	502	103	section	section	NOUN
ftr-463	502	104	355.79	355.79	NUM
ftr-463	502	105	-the	-the	DET
ftr-463	502	106	current	current	ADJ
ftr-463	502	107	regulations	regulation	NOUN
ftr-463	502	108	under	under	ADP
ftr-463	502	109	section	section	NOUN
ftr-463	502	110	355	355	NUM
ftr-463	502	111	provide	provide	VERB
ftr-463	502	112	that	that	SCONJ
ftr-463	502	113	judicial	judicial	ADJ
ftr-463	502	114	continuity	continuity	NOUN
ftr-463	502	115	is	be	AUX
ftr-463	502	116	a	a	DET
ftr-463	502	117	requirement	requirement	NOUN
ftr-463	502	118	of	of	ADP
ftr-463	502	119	tax	tax	NOUN
ftr-463	502	120	-	-	PUNCT
ftr-463	502	121	free	free	ADJ
ftr-463	502	122	divisive	divisive	ADJ
ftr-463	502	123	transactions	transaction	NOUN
ftr-463	502	124	,	,	PUNCT
ftr-463	502	125	independent	independent	ADJ
ftr-463	502	126	from	from	ADP
ftr-463	502	127	the	the	DET
ftr-463	502	128	statutory	statutory	ADJ
ftr-463	502	129	control	control	NOUN
ftr-463	502	130	and	and	CCONJ
ftr-463	502	131	business	business	NOUN
ftr-463	502	132	purpose	purpose	NOUN
ftr-463	502	133	tests.8	tests.8	PROPN
ftr-463	502	134	"	"	PUNCT
ftr-463	502	135	this	this	DET
ftr-463	502	136	requirement	requirement	NOUN
ftr-463	502	137	is	be	AUX
ftr-463	502	138	especially	especially	ADV
ftr-463	502	139	surprising	surprising	ADJ
ftr-463	502	140	since	since	SCONJ
ftr-463	502	141	section	section	NOUN
ftr-463	502	142	355	355	NUM
ftr-463	502	143	sprouted	sprout	VERB
ftr-463	502	144	from	from	ADP
ftr-463	502	145	d	d	PROPN
ftr-463	502	146	reorganizations	reorganization	NOUN
ftr-463	502	147	,	,	PUNCT
ftr-463	502	148	which	which	PRON
ftr-463	502	149	historically	historically	ADV
ftr-463	502	150	were	be	AUX
ftr-463	502	151	not	not	PART
ftr-463	502	152	required	require	VERB
ftr-463	502	153	to	to	PART
ftr-463	502	154	meet	meet	VERB
ftr-463	502	155	judicial	judicial	ADJ
ftr-463	502	156	continuity	continuity	NOUN
ftr-463	502	157	,	,	PUNCT
ftr-463	502	158	and	and	CCONJ
ftr-463	502	159	since	since	SCONJ
ftr-463	502	160	the	the	DET
ftr-463	502	161	provision	provision	NOUN
ftr-463	502	162	permitting	permit	VERB
ftr-463	502	163	tax	tax	NOUN
ftr-463	502	164	-	-	PUNCT
ftr-463	502	165	free	free	ADJ
ftr-463	502	166	divisive	divisive	ADJ
ftr-463	502	167	transactions	transaction	NOUN
ftr-463	502	168	was	be	AUX
ftr-463	502	169	in	in	ADP
ftr-463	502	170	1954	1954	NUM
ftr-463	502	171	plucked	pluck	VERB
ftr-463	502	172	from	from	ADP
ftr-463	502	173	its	its	PRON
ftr-463	502	174	place	place	NOUN
ftr-463	502	175	as	as	ADP
ftr-463	502	176	an	an	DET
ftr-463	502	177	addendum	addendum	NOUN
ftr-463	502	178	to	to	ADP
ftr-463	502	179	the	the	DET
ftr-463	502	180	reorganization	reorganization	NOUN
ftr-463	502	181	provisions	provision	NOUN
ftr-463	502	182	and	and	CCONJ
ftr-463	502	183	placed	place	VERB
ftr-463	502	184	in	in	ADP
ftr-463	502	185	section	section	NOUN
ftr-463	502	186	355	355	NUM
ftr-463	502	187	.	.	PUNCT
ftr-463	503	1	section	section	NOUN
ftr-463	503	2	355	355	NUM
ftr-463	503	3	lists	list	NOUN
ftr-463	503	4	several	several	ADJ
ftr-463	503	5	requirements	requirement	NOUN
ftr-463	503	6	for	for	ADP
ftr-463	503	7	tax	tax	NOUN
ftr-463	503	8	-	-	PUNCT
ftr-463	503	9	free	free	ADJ
ftr-463	503	10	treatment	treatment	NOUN
ftr-463	503	11	but	but	CCONJ
ftr-463	503	12	conspicuously	conspicuously	ADV
ftr-463	503	13	omits	omit	VERB
ftr-463	503	14	to	to	PART
ftr-463	503	15	include	include	VERB
ftr-463	503	16	a	a	DET
ftr-463	503	17	continuity	continuity	NOUN
ftr-463	503	18	requirement	requirement	NOUN
ftr-463	503	19	.	.	PUNCT
ftr-463	504	1	nonrecognition	nonrecognition	NOUN
ftr-463	504	2	for	for	ADP
ftr-463	504	3	corporate	corporate	ADJ
ftr-463	504	4	divisions	division	NOUN
ftr-463	504	5	was	be	AUX
ftr-463	504	6	first	first	ADV
ftr-463	504	7	granted	grant	VERB
ftr-463	504	8	by	by	ADP
ftr-463	504	9	the	the	DET
ftr-463	504	10	1924	1924	NUM
ftr-463	504	11	act,81	act,81	NOUN
ftr-463	504	12	which	which	PRON
ftr-463	504	13	permitted	permit	VERB
ftr-463	504	14	a	a	DET
ftr-463	504	15	tax	tax	NOUN
ftr-463	504	16	-	-	PUNCT
ftr-463	504	17	free	free	ADJ
ftr-463	504	18	distribution	distribution	NOUN
ftr-463	504	19	,	,	PUNCT
ftr-463	504	20	"	"	PUNCT
ftr-463	504	21	in	in	ADP
ftr-463	504	22	pursuance	pursuance	NOUN
ftr-463	504	23	of	of	ADP
ftr-463	504	24	a	a	DET
ftr-463	504	25	plan	plan	NOUN
ftr-463	504	26	of	of	ADP
ftr-463	504	27	reorganization	reorganization	NOUN
ftr-463	504	28	,	,	PUNCT
ftr-463	504	29	"	"	PUNCT
ftr-463	504	30	of	of	ADP
ftr-463	504	31	the	the	DET
ftr-463	504	32	stock	stock	NOUN
ftr-463	504	33	or	or	CCONJ
ftr-463	504	34	securities	security	NOUN
ftr-463	504	35	of	of	ADP
ftr-463	504	36	a	a	DET
ftr-463	504	37	corporate	corporate	ADJ
ftr-463	504	38	party	party	NOUN
ftr-463	504	39	to	to	ADP
ftr-463	504	40	a	a	DET
ftr-463	504	41	reorganization	reorganization	NOUN
ftr-463	504	42	to	to	ADP
ftr-463	504	43	a	a	DET
ftr-463	504	44	shareholder	shareholder	NOUN
ftr-463	504	45	of	of	ADP
ftr-463	504	46	that	that	PRON
ftr-463	504	47	(	(	PUNCT
ftr-463	504	48	or	or	CCONJ
ftr-463	504	49	another	another	PRON
ftr-463	504	50	)	)	PUNCT
ftr-463	504	51	corporate	corporate	ADJ
ftr-463	504	52	party	party	NOUN
ftr-463	504	53	.	.	PUNCT
ftr-463	505	1	this	this	DET
ftr-463	505	2	provision	provision	NOUN
ftr-463	505	3	disappeared	disappear	VERB
ftr-463	505	4	and	and	CCONJ
ftr-463	505	5	reappeared	reappear	VERB
ftr-463	505	6	in	in	ADP
ftr-463	505	7	the	the	DET
ftr-463	505	8	statute	statute	NOUN
ftr-463	505	9	,	,	PUNCT
ftr-463	505	10	and	and	CCONJ
ftr-463	505	11	finally	finally	ADV
ftr-463	505	12	was	be	AUX
ftr-463	505	13	revamped	revamp	VERB
ftr-463	505	14	in	in	ADP
ftr-463	505	15	1954	1954	NUM
ftr-463	505	16	and	and	CCONJ
ftr-463	505	17	moved	move	VERB
ftr-463	505	18	to	to	ADP
ftr-463	505	19	its	its	PRON
ftr-463	505	20	present	present	ADJ
ftr-463	505	21	location	location	NOUN
ftr-463	505	22	in	in	ADP
ftr-463	505	23	section	section	NOUN
ftr-463	505	24	355	355	NUM
ftr-463	505	25	.	.	PUNCT
ftr-463	506	1	the	the	DET
ftr-463	506	2	1924	1924	NUM
ftr-463	506	3	act	act	NOUN
ftr-463	506	4	also	also	ADV
ftr-463	506	5	introduced	introduce	VERB
ftr-463	506	6	the	the	DET
ftr-463	506	7	d	d	PROPN
ftr-463	506	8	reorganization	reorganization	NOUN
ftr-463	506	9	,	,	PUNCT
ftr-463	506	10	and	and	CCONJ
ftr-463	506	11	it	it	PRON
ftr-463	506	12	was	be	AUX
ftr-463	506	13	understood	understand	VERB
ftr-463	506	14	that	that	SCONJ
ftr-463	506	15	divisions	division	NOUN
ftr-463	506	16	could	could	AUX
ftr-463	506	17	be	be	AUX
ftr-463	506	18	d	d	NOUN
ftr-463	506	19	reorganizations	reorganization	NOUN
ftr-463	506	20	.	.	PUNCT
ftr-463	507	1	8	8	NUM
ftr-463	507	2	2	2	NUM
ftr-463	507	3	section	section	NOUN
ftr-463	507	4	355	355	NUM
ftr-463	507	5	of	of	ADP
ftr-463	507	6	the	the	DET
ftr-463	507	7	1954	1954	NUM
ftr-463	507	8	code	code	NOUN
ftr-463	507	9	set	set	VERB
ftr-463	507	10	out	out	ADP
ftr-463	507	11	the	the	DET
ftr-463	507	12	conditions	condition	NOUN
ftr-463	507	13	for	for	ADP
ftr-463	507	14	tax	tax	NOUN
ftr-463	507	15	-	-	PUNCT
ftr-463	507	16	free	free	ADJ
ftr-463	507	17	treatment	treatment	NOUN
ftr-463	507	18	under	under	ADP
ftr-463	507	19	that	that	DET
ftr-463	507	20	provision	provision	NOUN
ftr-463	507	21	and	and	CCONJ
ftr-463	507	22	eliminated	eliminate	VERB
ftr-463	507	23	the	the	DET
ftr-463	507	24	requirement	requirement	NOUN
ftr-463	507	25	that	that	SCONJ
ftr-463	507	26	a	a	DET
ftr-463	507	27	tax	tax	NOUN
ftr-463	507	28	-	-	PUNCT
ftr-463	507	29	free	free	ADJ
ftr-463	507	30	division	division	NOUN
ftr-463	507	31	be	be	AUX
ftr-463	507	32	a	a	DET
ftr-463	507	33	reorganization	reorganization	NOUN
ftr-463	507	34	.	.	PUNCT
ftr-463	508	1	this	this	DET
ftr-463	508	2	change	change	NOUN
ftr-463	508	3	severed	sever	VERB
ftr-463	508	4	all	all	DET
ftr-463	508	5	ties	tie	NOUN
ftr-463	508	6	with	with	ADP
ftr-463	508	7	the	the	DET
ftr-463	508	8	continuity	continuity	NOUN
ftr-463	508	9	of	of	ADP
ftr-463	508	10	interest	interest	NOUN
ftr-463	508	11	doctrine	doctrine	NOUN
ftr-463	508	12	.	.	PUNCT
ftr-463	509	1	nevertheless	nevertheless	ADV
ftr-463	509	2	,	,	PUNCT
ftr-463	509	3	while	while	SCONJ
ftr-463	509	4	it	it	PRON
ftr-463	509	5	does	do	AUX
ftr-463	509	6	not	not	PART
ftr-463	509	7	appear	appear	VERB
ftr-463	509	8	that	that	SCONJ
ftr-463	509	9	any	any	DET
ftr-463	509	10	court	court	NOUN
ftr-463	509	11	76	76	NUM
ftr-463	509	12	.	.	PUNCT
ftr-463	509	13	regs	regs	PROPN
ftr-463	509	14	.	.	PUNCT
ftr-463	510	1	§	§	PROPN
ftr-463	510	2	1.368	1.368	NUM
ftr-463	510	3	-	-	SYM
ftr-463	510	4	1(b	1(b	NUM
ftr-463	510	5	)	)	PUNCT
ftr-463	510	6	provides	provide	VERB
ftr-463	510	7	:	:	PUNCT
ftr-463	510	8	"	"	PUNCT
ftr-463	510	9	requisite	requisite	ADJ
ftr-463	510	10	to	to	ADP
ftr-463	510	11	a	a	DET
ftr-463	510	12	reorganization	reorganization	NOUN
ftr-463	510	13	under	under	ADP
ftr-463	510	14	the	the	DET
ftr-463	510	15	code	code	NOUN
ftr-463	510	16	are	be	AUX
ftr-463	510	17	...	...	PUNCT
ftr-463	510	18	(	(	PUNCT
ftr-463	510	19	except	except	SCONJ
ftr-463	510	20	as	as	SCONJ
ftr-463	510	21	provided	provide	VERB
ftr-463	510	22	in	in	ADP
ftr-463	510	23	section	section	NOUN
ftr-463	510	24	368(a)(1)(d	368(a)(1)(d	NUM
ftr-463	510	25	)	)	PUNCT
ftr-463	510	26	)	)	PUNCT
ftr-463	510	27	a	a	DET
ftr-463	510	28	continuity	continuity	NOUN
ftr-463	510	29	of	of	ADP
ftr-463	510	30	interest	interest	NOUN
ftr-463	510	31	....	....	PUNCT
ftr-463	511	1	(	(	PUNCT
ftr-463	511	2	emphasis	emphasis	NOUN
ftr-463	511	3	added	add	VERB
ftr-463	511	4	)	)	PUNCT
ftr-463	511	5	.	.	PUNCT
ftr-463	512	1	77	77	NUM
ftr-463	512	2	.	.	PUNCT
ftr-463	513	1	see	see	VERB
ftr-463	513	2	bittker	bittker	NOUN
ftr-463	513	3	&	&	CCONJ
ftr-463	513	4	eustice	eustice	PROPN
ftr-463	513	5	,	,	PUNCT
ftr-463	513	6	supra	supra	PROPN
ftr-463	513	7	note	note	PROPN
ftr-463	513	8	5	5	NUM
ftr-463	513	9	,	,	PUNCT
ftr-463	513	10	12.26[21	12.26[21	NUM
ftr-463	513	11	at	at	ADP
ftr-463	513	12	12	12	NUM
ftr-463	513	13	-	-	SYM
ftr-463	513	14	92	92	NUM
ftr-463	513	15	to	to	PART
ftr-463	513	16	12	12	NUM
ftr-463	513	17	-	-	SYM
ftr-463	513	18	93	93	NUM
ftr-463	513	19	.	.	PUNCT
ftr-463	514	1	78	78	NUM
ftr-463	514	2	.	.	PUNCT
ftr-463	515	1	see	see	VERB
ftr-463	515	2	ginsburg	ginsburg	PROPN
ftr-463	515	3	&	&	CCONJ
ftr-463	515	4	levin	levin	PROPN
ftr-463	515	5	,	,	PUNCT
ftr-463	515	6	supra	supra	PROPN
ftr-463	515	7	note	note	PROPN
ftr-463	515	8	1	1	NUM
ftr-463	515	9	,	,	PUNCT
ftr-463	515	10	§	§	PROPN
ftr-463	515	11	702.2	702.2	NUM
ftr-463	515	12	at	at	ADP
ftr-463	515	13	662	662	NUM
ftr-463	515	14	-	-	SYM
ftr-463	515	15	65	65	NUM
ftr-463	515	16	.	.	PUNCT
ftr-463	515	17	79	79	NUM
ftr-463	515	18	.	.	PUNCT
ftr-463	516	1	for	for	ADP
ftr-463	516	2	a	a	DET
ftr-463	516	3	discussion	discussion	NOUN
ftr-463	516	4	of	of	ADP
ftr-463	516	5	the	the	DET
ftr-463	516	6	continuity	continuity	NOUN
ftr-463	516	7	requirement	requirement	NOUN
ftr-463	516	8	under	under	ADP
ftr-463	516	9	the	the	DET
ftr-463	516	10	§	§	PROPN
ftr-463	516	11	355	355	NUM
ftr-463	516	12	regulations	regulation	NOUN
ftr-463	516	13	,	,	PUNCT
ftr-463	516	14	see	see	VERB
ftr-463	516	15	benjamin	benjamin	PROPN
ftr-463	516	16	g.	g.	PROPN
ftr-463	516	17	wells	wells	PROPN
ftr-463	516	18	,	,	PUNCT
ftr-463	516	19	continuity	continuity	NOUN
ftr-463	516	20	of	of	ADP
ftr-463	516	21	interest	interest	NOUN
ftr-463	516	22	under	under	ADP
ftr-463	516	23	the	the	DET
ftr-463	516	24	new	new	ADJ
ftr-463	516	25	section	section	NOUN
ftr-463	516	26	355	355	NUM
ftr-463	516	27	regulations	regulation	NOUN
ftr-463	516	28	,	,	PUNCT
ftr-463	516	29	16	16	NUM
ftr-463	516	30	j.	j.	PROPN
ftr-463	516	31	corp	corp	PROPN
ftr-463	516	32	.	.	PROPN
ftr-463	516	33	tax'n	tax'n	ADV
ftr-463	516	34	203	203	NUM
ftr-463	516	35	(	(	PUNCT
ftr-463	516	36	1989	1989	NUM
ftr-463	516	37	)	)	PUNCT
ftr-463	516	38	.	.	PUNCT
ftr-463	517	1	80	80	NUM
ftr-463	517	2	.	.	PUNCT
ftr-463	517	3	regs	regs	PROPN
ftr-463	517	4	.	.	PUNCT
ftr-463	518	1	§	§	PROPN
ftr-463	518	2	1.355	1.355	NUM
ftr-463	518	3	-	-	SYM
ftr-463	518	4	2(c	2(c	NUM
ftr-463	518	5	)	)	PUNCT
ftr-463	518	6	.	.	PUNCT
ftr-463	519	1	81	81	NUM
ftr-463	519	2	.	.	PUNCT
ftr-463	520	1	revenue	revenue	NOUN
ftr-463	520	2	act	act	NOUN
ftr-463	520	3	of	of	ADP
ftr-463	520	4	1924	1924	NUM
ftr-463	520	5	,	,	PUNCT
ftr-463	520	6	203(c	203(c	NUM
ftr-463	520	7	)	)	PUNCT
ftr-463	520	8	,	,	PUNCT
ftr-463	520	9	43	43	NUM
ftr-463	520	10	stat	stat	NOUN
ftr-463	520	11	.	.	PUNCT
ftr-463	521	1	253	253	NUM
ftr-463	521	2	.	.	PUNCT
ftr-463	522	1	82	82	NUM
ftr-463	522	2	.	.	PUNCT
ftr-463	523	1	see	see	VERB
ftr-463	523	2	generally	generally	ADV
ftr-463	523	3	charles	charles	PROPN
ftr-463	523	4	s.	s.	PROPN
ftr-463	523	5	whitman	whitman	PROPN
ftr-463	523	6	,	,	PUNCT
ftr-463	523	7	iii	iii	PROPN
ftr-463	523	8	,	,	PUNCT
ftr-463	523	9	draining	drain	VERB
ftr-463	523	10	the	the	DET
ftr-463	523	11	serbonian	serbonian	ADJ
ftr-463	523	12	bog	bog	NOUN
ftr-463	523	13	:	:	PUNCT
ftr-463	523	14	a	a	DET
ftr-463	523	15	new	new	ADJ
ftr-463	523	16	approach	approach	NOUN
ftr-463	523	17	to	to	ADP
ftr-463	523	18	corporate	corporate	ADJ
ftr-463	523	19	separations	separation	NOUN
ftr-463	523	20	under	under	ADP
ftr-463	523	21	the	the	DET
ftr-463	523	22	1954	1954	NUM
ftr-463	523	23	code	code	NOUN
ftr-463	523	24	,	,	PUNCT
ftr-463	523	25	81	81	NUM
ftr-463	523	26	harv	harv	NOUN
ftr-463	523	27	.	.	PUNCT
ftr-463	524	1	l.	l.	PROPN
ftr-463	524	2	rev	rev	PROPN
ftr-463	524	3	.	.	PROPN
ftr-463	524	4	1194	1194	NUM
ftr-463	524	5	,	,	PUNCT
ftr-463	524	6	1199	1199	NUM
ftr-463	524	7	-	-	SYM
ftr-463	524	8	1200	1200	NUM
ftr-463	524	9	n.25	n.25	PROPN
ftr-463	524	10	(	(	PUNCT
ftr-463	524	11	1968	1968	NUM
ftr-463	524	12	)	)	PUNCT
ftr-463	524	13	(	(	PUNCT
ftr-463	524	14	providing	provide	VERB
ftr-463	524	15	an	an	DET
ftr-463	524	16	excellent	excellent	ADJ
ftr-463	524	17	review	review	NOUN
ftr-463	524	18	of	of	ADP
ftr-463	524	19	the	the	DET
ftr-463	524	20	history	history	NOUN
ftr-463	524	21	of	of	ADP
ftr-463	524	22	§	§	PROPN
ftr-463	524	23	355	355	NUM
ftr-463	524	24	)	)	PUNCT
ftr-463	524	25	.	.	PUNCT
ftr-463	525	1	[	[	X
ftr-463	525	2	vol	vol	NOUN
ftr-463	525	3	3:5	3:5	NUM
ftr-463	525	4	19961	19961	NUM
ftr-463	525	5	devolution	devolution	NOUN
ftr-463	525	6	&	&	CCONJ
ftr-463	525	7	inevitable	inevitable	ADJ
ftr-463	525	8	ertinction	ertinction	NOUN
ftr-463	525	9	of	of	ADP
ftr-463	525	10	the	the	DET
ftr-463	525	11	continui	continui	NOUN
ftr-463	525	12	"	"	PUNCT
ftr-463	525	13	of	of	ADP
ftr-463	525	14	interest	interest	NOUN
ftr-463	525	15	doctrine	doctrine	NOUN
ftr-463	525	16	211	211	NUM
ftr-463	525	17	flunked	flunk	VERB
ftr-463	525	18	an	an	DET
ftr-463	525	19	otherwise	otherwise	ADV
ftr-463	525	20	valid	valid	ADJ
ftr-463	525	21	section	section	NOUN
ftr-463	525	22	355	355	NUM
ftr-463	525	23	transaction	transaction	NOUN
ftr-463	525	24	for	for	ADP
ftr-463	525	25	lack	lack	NOUN
ftr-463	525	26	of	of	ADP
ftr-463	525	27	continuity	continuity	NOUN
ftr-463	525	28	,	,	PUNCT
ftr-463	525	29	the	the	DET
ftr-463	525	30	seventh	seventh	ADJ
ftr-463	525	31	circuit	circuit	NOUN
ftr-463	525	32	in	in	ADP
ftr-463	525	33	redding	redd	VERB
ftr-463	525	34	v.	v.	PROPN
ftr-463	525	35	commissioner3	commissioner3	PROPN
ftr-463	525	36	suggested	suggest	VERB
ftr-463	525	37	(	(	PUNCT
ftr-463	525	38	without	without	ADP
ftr-463	525	39	any	any	DET
ftr-463	525	40	apparent	apparent	ADJ
ftr-463	525	41	authority	authority	NOUN
ftr-463	525	42	)	)	PUNCT
ftr-463	525	43	that	that	SCONJ
ftr-463	525	44	an	an	DET
ftr-463	525	45	otherwise	otherwise	ADV
ftr-463	525	46	valid	valid	ADJ
ftr-463	525	47	section	section	NOUN
ftr-463	525	48	355	355	NUM
ftr-463	525	49	distribution	distribution	NOUN
ftr-463	525	50	might	might	AUX
ftr-463	525	51	be	be	AUX
ftr-463	525	52	rendered	render	VERB
ftr-463	525	53	taxable	taxable	ADJ
ftr-463	525	54	by	by	ADP
ftr-463	525	55	a	a	DET
ftr-463	525	56	prearranged	prearrange	VERB
ftr-463	525	57	sale	sale	NOUN
ftr-463	525	58	by	by	ADP
ftr-463	525	59	the	the	DET
ftr-463	525	60	shareholders	shareholder	NOUN
ftr-463	525	61	of	of	ADP
ftr-463	525	62	more	more	ADJ
ftr-463	525	63	than	than	ADP
ftr-463	525	64	50	50	NUM
ftr-463	525	65	%	%	NOUN
ftr-463	525	66	of	of	ADP
ftr-463	525	67	the	the	DET
ftr-463	525	68	stock	stock	NOUN
ftr-463	525	69	received	receive	VERB
ftr-463	525	70	in	in	ADP
ftr-463	525	71	the	the	DET
ftr-463	525	72	controlled	control	VERB
ftr-463	525	73	company.84	company.84	NOUN
ftr-463	525	74	subsequent	subsequent	ADJ
ftr-463	525	75	to	to	ADP
ftr-463	525	76	the	the	DET
ftr-463	525	77	1986	1986	NUM
ftr-463	525	78	amendments	amendment	NOUN
ftr-463	525	79	to	to	PART
ftr-463	525	80	section	section	NOUN
ftr-463	525	81	355	355	NUM
ftr-463	525	82	that	that	PRON
ftr-463	525	83	helped	help	VERB
ftr-463	525	84	effectuate	effectuate	VERB
ftr-463	525	85	a	a	DET
ftr-463	525	86	repeal	repeal	NOUN
ftr-463	525	87	of	of	ADP
ftr-463	525	88	the	the	DET
ftr-463	525	89	general	general	ADJ
ftr-463	525	90	utilities	utility	NOUN
ftr-463	525	91	doctrine	doctrine	NOUN
ftr-463	525	92	,	,	PUNCT
ftr-463	525	93	but	but	CCONJ
ftr-463	525	94	prior	prior	ADV
ftr-463	525	95	to	to	ADP
ftr-463	525	96	the	the	DET
ftr-463	525	97	issuance	issuance	NOUN
ftr-463	525	98	of	of	ADP
ftr-463	525	99	final	final	ADJ
ftr-463	525	100	regulations	regulation	NOUN
ftr-463	525	101	under	under	ADP
ftr-463	525	102	section	section	NOUN
ftr-463	525	103	355	355	NUM
ftr-463	525	104	,	,	PUNCT
ftr-463	525	105	government	government	NOUN
ftr-463	525	106	officials	official	NOUN
ftr-463	525	107	recognized	recognize	VERB
ftr-463	525	108	the	the	DET
ftr-463	525	109	difficulty	difficulty	NOUN
ftr-463	525	110	of	of	ADP
ftr-463	525	111	importing	import	VERB
ftr-463	525	112	a	a	DET
ftr-463	525	113	continuity	continuity	NOUN
ftr-463	525	114	doctrine	doctrine	NOUN
ftr-463	525	115	into	into	ADP
ftr-463	525	116	section	section	NOUN
ftr-463	525	117	355	355	NUM
ftr-463	525	118	and	and	CCONJ
ftr-463	525	119	struggled	struggle	VERB
ftr-463	525	120	to	to	PART
ftr-463	525	121	find	find	VERB
ftr-463	525	122	a	a	DET
ftr-463	525	123	statutory	statutory	ADJ
ftr-463	525	124	basis	basis	NOUN
ftr-463	525	125	for	for	ADP
ftr-463	525	126	such	such	DET
ftr-463	525	127	a	a	DET
ftr-463	525	128	requirement	requirement	NOUN
ftr-463	525	129	.	.	PUNCT
ftr-463	526	1	5	5	NUM
ftr-463	527	1	the	the	DET
ftr-463	527	2	regulations	regulation	NOUN
ftr-463	527	3	by	by	ADP
ftr-463	527	4	fiat	fiat	NOUN
ftr-463	527	5	require	require	NOUN
ftr-463	527	6	continuity	continuity	NOUN
ftr-463	527	7	as	as	ADP
ftr-463	527	8	a	a	DET
ftr-463	527	9	separate	separate	ADJ
ftr-463	527	10	element	element	NOUN
ftr-463	527	11	of	of	ADP
ftr-463	527	12	a	a	DET
ftr-463	527	13	section	section	NOUN
ftr-463	527	14	355	355	NUM
ftr-463	527	15	transaction	transaction	NOUN
ftr-463	527	16	,	,	PUNCT
ftr-463	527	17	in	in	ADP
ftr-463	527	18	addition	addition	NOUN
ftr-463	527	19	to	to	ADP
ftr-463	527	20	the	the	DET
ftr-463	527	21	statutory	statutory	ADJ
ftr-463	527	22	"	"	PUNCT
ftr-463	527	23	business	business	NOUN
ftr-463	527	24	purpose	purpose	NOUN
ftr-463	527	25	"	"	PUNCT
ftr-463	527	26	and	and	CCONJ
ftr-463	527	27	"	"	PUNCT
ftr-463	527	28	device	device	NOUN
ftr-463	527	29	"	"	PUNCT
ftr-463	527	30	tests	test	NOUN
ftr-463	527	31	,	,	PUNCT
ftr-463	527	32	despite	despite	SCONJ
ftr-463	527	33	the	the	DET
ftr-463	527	34	absence	absence	NOUN
ftr-463	527	35	of	of	ADP
ftr-463	527	36	any	any	DET
ftr-463	527	37	statutory	statutory	ADJ
ftr-463	527	38	basis.8	basis.8	PROPN
ftr-463	527	39	6	6	NUM
ftr-463	527	40	quite	quite	ADV
ftr-463	527	41	apart	apart	ADV
ftr-463	527	42	from	from	ADP
ftr-463	527	43	this	this	DET
ftr-463	527	44	separate	separate	ADJ
ftr-463	527	45	continuity	continuity	NOUN
ftr-463	527	46	requirement	requirement	NOUN
ftr-463	527	47	,	,	PUNCT
ftr-463	527	48	a	a	DET
ftr-463	527	49	transaction	transaction	NOUN
ftr-463	527	50	or	or	CCONJ
ftr-463	527	51	series	series	NOUN
ftr-463	527	52	of	of	ADP
ftr-463	527	53	transactions	transaction	NOUN
ftr-463	527	54	in	in	ADP
ftr-463	527	55	which	which	PRON
ftr-463	527	56	the	the	DET
ftr-463	527	57	shareholders	shareholder	NOUN
ftr-463	527	58	of	of	ADP
ftr-463	527	59	a	a	DET
ftr-463	527	60	distributing	distribute	VERB
ftr-463	527	61	company	company	NOUN
ftr-463	527	62	are	be	AUX
ftr-463	527	63	able	able	ADJ
ftr-463	527	64	to	to	PART
ftr-463	527	65	cash	cash	VERB
ftr-463	527	66	-	-	PUNCT
ftr-463	527	67	out	out	ADP
ftr-463	527	68	their	their	PRON
ftr-463	527	69	newly	newly	ADV
ftr-463	527	70	received	receive	VERB
ftr-463	527	71	stock	stock	NOUN
ftr-463	527	72	tends	tend	VERB
ftr-463	527	73	to	to	PART
ftr-463	527	74	indicate	indicate	VERB
ftr-463	527	75	a	a	DET
ftr-463	527	76	device	device	NOUN
ftr-463	527	77	for	for	ADP
ftr-463	527	78	the	the	DET
ftr-463	527	79	distribution	distribution	NOUN
ftr-463	527	80	of	of	ADP
ftr-463	527	81	earnings	earning	NOUN
ftr-463	527	82	and	and	CCONJ
ftr-463	527	83	profits	profit	NOUN
ftr-463	527	84	or	or	CCONJ
ftr-463	527	85	the	the	DET
ftr-463	527	86	lack	lack	NOUN
ftr-463	527	87	of	of	ADP
ftr-463	527	88	a	a	DET
ftr-463	527	89	valid	valid	ADJ
ftr-463	527	90	business	business	NOUN
ftr-463	527	91	purpose	purpose	NOUN
ftr-463	527	92	,	,	PUNCT
ftr-463	527	93	either	either	PRON
ftr-463	527	94	of	of	ADP
ftr-463	527	95	which	which	PRON
ftr-463	527	96	is	be	AUX
ftr-463	527	97	sufficient	sufficient	ADJ
ftr-463	527	98	grounds	ground	NOUN
ftr-463	527	99	for	for	ADP
ftr-463	527	100	denying	deny	VERB
ftr-463	527	101	tax	tax	NOUN
ftr-463	527	102	-	-	PUNCT
ftr-463	527	103	free	free	ADJ
ftr-463	527	104	treatment	treatment	NOUN
ftr-463	527	105	.	.	PUNCT
ftr-463	528	1	in	in	ADP
ftr-463	528	2	light	light	NOUN
ftr-463	528	3	of	of	ADP
ftr-463	528	4	congress	congress	PROPN
ftr-463	528	5	'	'	PART
ftr-463	528	6	broad	broad	ADJ
ftr-463	528	7	grant	grant	NOUN
ftr-463	528	8	of	of	ADP
ftr-463	528	9	regulatory	regulatory	ADJ
ftr-463	528	10	authority	authority	NOUN
ftr-463	528	11	,	,	PUNCT
ftr-463	528	12	the	the	DET
ftr-463	528	13	section	section	NOUN
ftr-463	528	14	355	355	NUM
ftr-463	528	15	continuity	continuity	NOUN
ftr-463	528	16	requirement	requirement	NOUN
ftr-463	528	17	should	should	AUX
ftr-463	528	18	be	be	AUX
ftr-463	528	19	viewed	view	VERB
ftr-463	528	20	as	as	ADP
ftr-463	528	21	an	an	DET
ftr-463	528	22	element	element	NOUN
ftr-463	528	23	of	of	ADP
ftr-463	528	24	those	those	DET
ftr-463	528	25	statutory	statutory	ADJ
ftr-463	528	26	tests	test	NOUN
ftr-463	528	27	.	.	PUNCT
ftr-463	528	28	's	's	PART
ftr-463	528	29	83	83	NUM
ftr-463	528	30	.	.	PUNCT
ftr-463	529	1	630	630	NUM
ftr-463	529	2	f.2d	f.2d	SYM
ftr-463	529	3	1169	1169	NUM
ftr-463	529	4	(	(	PUNCT
ftr-463	529	5	7th	7th	ADJ
ftr-463	529	6	cir	cir	NOUN
ftr-463	529	7	.	.	PUNCT
ftr-463	529	8	1980	1980	NUM
ftr-463	529	9	)	)	PUNCT
ftr-463	529	10	.	.	PUNCT
ftr-463	530	1	84	84	NUM
ftr-463	530	2	.	.	PUNCT
ftr-463	531	1	i	i	PRON
ftr-463	531	2	d.	d.	PROPN
ftr-463	531	3	at	at	ADP
ftr-463	531	4	1180	1180	NUM
ftr-463	531	5	n.	n.	NOUN
ftr-463	531	6	22	22	NUM
ftr-463	531	7	.	.	PUNCT
ftr-463	532	1	see	see	VERB
ftr-463	532	2	also	also	ADV
ftr-463	532	3	pamela	pamela	PROPN
ftr-463	532	4	b.	b.	PROPN
ftr-463	532	5	gann	gann	PROPN
ftr-463	532	6	,	,	PUNCT
ftr-463	532	7	taxation	taxation	NOUN
ftr-463	532	8	of	of	ADP
ftr-463	532	9	stock	stock	NOUN
ftr-463	532	10	rights	right	NOUN
ftr-463	532	11	and	and	CCONJ
ftr-463	532	12	other	other	ADJ
ftr-463	532	13	options	option	NOUN
ftr-463	532	14	:	:	PUNCT
ftr-463	532	15	another	another	DET
ftr-463	532	16	look	look	NOUN
ftr-463	532	17	at	at	ADP
ftr-463	532	18	the	the	DET
ftr-463	532	19	persistence	persistence	NOUN
ftr-463	532	20	of	of	ADP
ftr-463	532	21	pahner	pahner	PROPN
ftr-463	532	22	r.	r.	PROPN
ftr-463	532	23	commissioner	commissioner	PROPN
ftr-463	532	24	,	,	PUNCT
ftr-463	532	25	1979	1979	NUM
ftr-463	532	26	duke	duke	PROPN
ftr-463	532	27	l	l	PROPN
ftr-463	532	28	j.	j.	PROPN
ftr-463	532	29	911	911	NUM
ftr-463	532	30	.	.	PUNCT
ftr-463	533	1	975	975	NUM
ftr-463	533	2	(	(	PUNCT
ftr-463	533	3	1979	1979	NUM
ftr-463	533	4	)	)	PUNCT
ftr-463	533	5	(	(	PUNCT
ftr-463	533	6	discussing	discuss	VERB
ftr-463	533	7	possible	possible	ADJ
ftr-463	533	8	applicability	applicability	NOUN
ftr-463	533	9	of	of	ADP
ftr-463	533	10	continuity	continuity	NOUN
ftr-463	533	11	test	test	NOUN
ftr-463	533	12	to	to	ADP
ftr-463	533	13	§	§	PROPN
ftr-463	533	14	355	355	NUM
ftr-463	533	15	transactions	transaction	NOUN
ftr-463	533	16	,	,	PUNCT
ftr-463	533	17	and	and	CCONJ
ftr-463	533	18	cited	cite	VERB
ftr-463	533	19	by	by	ADP
ftr-463	533	20	the	the	DET
ftr-463	533	21	redding	redding	NOUN
ftr-463	533	22	court	court	NOUN
ftr-463	533	23	)	)	PUNCT
ftr-463	533	24	.	.	PUNCT
ftr-463	534	1	the	the	DET
ftr-463	534	2	reference	reference	NOUN
ftr-463	534	3	to	to	ADP
ftr-463	534	4	50	50	NUM
ftr-463	534	5	%	%	NOUN
ftr-463	534	6	was	be	AUX
ftr-463	534	7	an	an	DET
ftr-463	534	8	apparent	apparent	ADJ
ftr-463	534	9	allusion	allusion	NOUN
ftr-463	534	10	to	to	PART
ftr-463	534	11	rev	rev	PROPN
ftr-463	534	12	.	.	PROPN
ftr-463	534	13	proc	proc	PROPN
ftr-463	534	14	.	.	PUNCT
ftr-463	535	1	77	77	NUM
ftr-463	535	2	-	-	SYM
ftr-463	535	3	37	37	NUM
ftr-463	535	4	.	.	PUNCT
ftr-463	535	5	1977	1977	NUM
ftr-463	535	6	-	-	SYM
ftr-463	535	7	2	2	NUM
ftr-463	535	8	c.b	c.b	PROPN
ftr-463	535	9	.	.	PROPN
ftr-463	535	10	568	568	NUM
ftr-463	535	11	,	,	PUNCT
ftr-463	535	12	modified	modify	VERB
ftr-463	535	13	by	by	ADP
ftr-463	535	14	rev	rev	PROPN
ftr-463	535	15	.	.	PROPN
ftr-463	535	16	proc	proc	PROPN
ftr-463	535	17	.	.	PUNCT
ftr-463	536	1	86	86	NUM
ftr-463	536	2	-	-	SYM
ftr-463	536	3	42	42	NUM
ftr-463	536	4	,	,	PUNCT
ftr-463	536	5	1986	1986	NUM
ftr-463	536	6	-	-	SYM
ftr-463	536	7	2	2	NUM
ftr-463	536	8	c.b	c.b	PROPN
ftr-463	536	9	.	.	PROPN
ftr-463	536	10	722	722	NUM
ftr-463	536	11	,	,	PUNCT
ftr-463	536	12	discussed	discuss	VERB
ftr-463	536	13	infra	infra	NOUN
ftr-463	536	14	part	part	NOUN
ftr-463	536	15	ill.e	ill.e	NOUN
ftr-463	536	16	.	.	PUNCT
ftr-463	537	1	85	85	NUM
ftr-463	537	2	.	.	PUNCT
ftr-463	538	1	see	see	VERB
ftr-463	538	2	prop	prop	NOUN
ftr-463	538	3	.	.	PUNCT
ftr-463	539	1	regs	regs	PROPN
ftr-463	539	2	.	.	PUNCT
ftr-463	540	1	§	§	PROPN
ftr-463	540	2	1.355	1.355	NUM
ftr-463	540	3	-	-	SYM
ftr-463	540	4	2(b	2(b	NUM
ftr-463	540	5	)	)	PUNCT
ftr-463	540	6	(	(	PUNCT
ftr-463	540	7	1977	1977	NUM
ftr-463	540	8	)	)	PUNCT
ftr-463	540	9	(	(	PUNCT
ftr-463	540	10	stating	state	VERB
ftr-463	540	11	that	that	SCONJ
ftr-463	540	12	continuity	continuity	NOUN
ftr-463	540	13	is	be	AUX
ftr-463	540	14	an	an	DET
ftr-463	540	15	aspect	aspect	NOUN
ftr-463	540	16	of	of	ADP
ftr-463	540	17	business	business	NOUN
ftr-463	540	18	purpose	purpose	NOUN
ftr-463	540	19	)	)	PUNCT
ftr-463	540	20	;	;	PUNCT
ftr-463	541	1	lee	lee	PROPN
ftr-463	541	2	a.	a.	PROPN
ftr-463	541	3	sheppard	sheppard	PROPN
ftr-463	541	4	,	,	PUNCT
ftr-463	541	5	section	section	NOUN
ftr-463	541	6	355	355	NUM
ftr-463	541	7	and	and	CCONJ
ftr-463	541	8	continuity	continuity	NOUN
ftr-463	541	9	of	of	ADP
ftr-463	541	10	interest	interest	NOUN
ftr-463	541	11	.	.	PUNCT
ftr-463	542	1	39	39	NUM
ftr-463	542	2	tax	tax	NOUN
ftr-463	542	3	notes	note	NOUN
ftr-463	542	4	911	911	NUM
ftr-463	542	5	,	,	PUNCT
ftr-463	542	6	912	912	NUM
ftr-463	542	7	(	(	PUNCT
ftr-463	542	8	may	may	PROPN
ftr-463	542	9	23	23	NUM
ftr-463	542	10	,	,	PUNCT
ftr-463	542	11	1988	1988	NUM
ftr-463	542	12	)	)	PUNCT
ftr-463	542	13	(	(	PUNCT
ftr-463	542	14	quoting	quote	VERB
ftr-463	542	15	then	then	ADV
ftr-463	542	16	-	-	PUNCT
ftr-463	542	17	tax	tax	NOUN
ftr-463	542	18	legislative	legislative	ADJ
ftr-463	542	19	counsel	counsel	NOUN
ftr-463	542	20	dana	dana	PROPN
ftr-463	542	21	trier	trier	PROPN
ftr-463	542	22	-continuity	-continuity	PROPN
ftr-463	542	23	of	of	ADP
ftr-463	542	24	interest	interest	NOUN
ftr-463	542	25	is	be	AUX
ftr-463	542	26	an	an	DET
ftr-463	542	27	aspect	aspect	NOUN
ftr-463	542	28	of	of	ADP
ftr-463	542	29	device	device	NOUN
ftr-463	542	30	,	,	PUNCT
ftr-463	542	31	but	but	CCONJ
ftr-463	542	32	that	that	PRON
ftr-463	542	33	's	be	AUX
ftr-463	542	34	not	not	PART
ftr-463	542	35	the	the	DET
ftr-463	542	36	whole	whole	ADJ
ftr-463	542	37	point	point	NOUN
ftr-463	542	38	...	...	PUNCT
ftr-463	542	39	continuity	continuity	NOUN
ftr-463	542	40	of	of	ADP
ftr-463	542	41	interest	interest	NOUN
ftr-463	542	42	comes	come	VERB
ftr-463	542	43	from	from	ADP
ftr-463	542	44	the	the	DET
ftr-463	542	45	business	business	NOUN
ftr-463	542	46	purpose	purpose	NOUN
ftr-463	542	47	clause	clause	NOUN
ftr-463	542	48	,	,	PUNCT
ftr-463	542	49	not	not	PART
ftr-463	542	50	the	the	DET
ftr-463	542	51	device	device	NOUN
ftr-463	542	52	clause	clause	NOUN
ftr-463	542	53	,	,	PUNCT
ftr-463	542	54	which	which	PRON
ftr-463	542	55	has	have	VERB
ftr-463	542	56	its	its	PRON
ftr-463	542	57	o%%	o%%	PROPN
ftr-463	542	58	n	n	PRON
ftr-463	542	59	continuity	continuity	NOUN
ftr-463	542	60	of	of	ADP
ftr-463	542	61	interest	interest	NOUN
ftr-463	542	62	aspect	aspect	NOUN
ftr-463	542	63	"	"	PUNCT
ftr-463	542	64	)	)	PUNCT
ftr-463	542	65	.	.	PUNCT
ftr-463	543	1	86	86	NUM
ftr-463	543	2	.	.	PUNCT
ftr-463	543	3	regs	regs	PROPN
ftr-463	543	4	.	.	PUNCT
ftr-463	544	1	§	§	PROPN
ftr-463	544	2	1.355	1.355	NUM
ftr-463	544	3	-	-	SYM
ftr-463	544	4	2(c)(1	2(c)(1	NUM
ftr-463	544	5	)	)	PUNCT
ftr-463	544	6	(	(	PUNCT
ftr-463	544	7	"	"	PUNCT
ftr-463	544	8	this	this	DET
ftr-463	544	9	continuity	continuity	NOUN
ftr-463	544	10	of	of	ADP
ftr-463	544	11	interest	interest	NOUN
ftr-463	544	12	requirement	requirement	NOUN
ftr-463	544	13	is	be	AUX
ftr-463	544	14	independent	independent	ADJ
ftr-463	544	15	of	of	ADP
ftr-463	544	16	the	the	DET
ftr-463	544	17	other	other	ADJ
ftr-463	544	18	requirements	requirement	NOUN
ftr-463	544	19	under	under	ADP
ftr-463	544	20	section	section	NOUN
ftr-463	544	21	355	355	NUM
ftr-463	544	22	"	"	PUNCT
ftr-463	544	23	)	)	PUNCT
ftr-463	544	24	.	.	PUNCT
ftr-463	545	1	87	87	NUM
ftr-463	545	2	.	.	PUNCT
ftr-463	546	1	a	a	DET
ftr-463	546	2	recent	recent	ADJ
ftr-463	546	3	legislative	legislative	ADJ
ftr-463	546	4	proposal	proposal	NOUN
ftr-463	546	5	would	would	AUX
ftr-463	546	6	in	in	ADP
ftr-463	546	7	effect	effect	NOUN
ftr-463	546	8	add	add	VERB
ftr-463	546	9	a	a	DET
ftr-463	546	10	statutory	statutory	ADJ
ftr-463	546	11	continuity	continuity	NOUN
ftr-463	546	12	requirement	requirement	NOUN
ftr-463	546	13	to	to	ADP
ftr-463	546	14	§	§	PROPN
ftr-463	546	15	355	355	NUM
ftr-463	546	16	.	.	PUNCT
ftr-463	547	1	in	in	ADP
ftr-463	547	2	march	march	PROPN
ftr-463	547	3	1996	1996	NUM
ftr-463	547	4	,	,	PUNCT
ftr-463	547	5	the	the	DET
ftr-463	547	6	clinton	clinton	PROPN
ftr-463	547	7	administration	administration	NOUN
ftr-463	547	8	announced	announce	VERB
ftr-463	547	9	a	a	DET
ftr-463	547	10	proposal	proposal	NOUN
ftr-463	547	11	that	that	PRON
ftr-463	547	12	would	would	AUX
ftr-463	547	13	subject	subject	VERB
ftr-463	547	14	the	the	DET
ftr-463	547	15	distributing	distribute	VERB
ftr-463	547	16	company	company	NOUN
ftr-463	547	17	to	to	PART
ftr-463	547	18	tax	tax	VERB
ftr-463	547	19	on	on	ADP
ftr-463	547	20	the	the	DET
ftr-463	547	21	appreciated	appreciated	ADJ
ftr-463	547	22	value	value	NOUN
ftr-463	547	23	of	of	ADP
ftr-463	547	24	the	the	DET
ftr-463	547	25	controlled	control	VERB
ftr-463	547	26	company	company	NOUN
ftr-463	547	27	unless	unless	SCONJ
ftr-463	547	28	the	the	DET
ftr-463	547	29	"	"	PUNCT
ftr-463	547	30	historic	historic	ADJ
ftr-463	547	31	"	"	PUNCT
ftr-463	547	32	shareholders	shareholder	NOUN
ftr-463	547	33	of	of	ADP
ftr-463	547	34	the	the	DET
ftr-463	547	35	distributing	distribute	VERB
ftr-463	547	36	company	company	NOUN
ftr-463	547	37	(	(	PUNCT
ftr-463	547	38	generally	generally	ADV
ftr-463	547	39	,	,	PUNCT
ftr-463	547	40	those	those	DET
ftr-463	547	41	shareholders	shareholder	NOUN
ftr-463	547	42	that	that	PRON
ftr-463	547	43	owned	own	VERB
ftr-463	547	44	stock	stock	NOUN
ftr-463	547	45	continuously	continuously	ADV
ftr-463	547	46	for	for	ADP
ftr-463	547	47	the	the	DET
ftr-463	547	48	two	two	NUM
ftr-463	547	49	years	year	NOUN
ftr-463	547	50	preceding	precede	VERB
ftr-463	547	51	the	the	DET
ftr-463	547	52	distribution	distribution	NOUN
ftr-463	547	53	)	)	PUNCT
ftr-463	547	54	maintain	maintain	VERB
ftr-463	547	55	a	a	DET
ftr-463	547	56	50	50	NUM
ftr-463	547	57	%	%	NOUN
ftr-463	547	58	interest	interest	NOUN
ftr-463	547	59	in	in	ADP
ftr-463	547	60	the	the	DET
ftr-463	547	61	vote	vote	NOUN
ftr-463	547	62	and	and	CCONJ
ftr-463	547	63	value	value	NOUN
ftr-463	547	64	of	of	ADP
ftr-463	547	65	each	each	PRON
ftr-463	547	66	of	of	ADP
ftr-463	547	67	the	the	DET
ftr-463	547	68	distributing	distribute	VERB
ftr-463	547	69	and	and	CCONJ
ftr-463	547	70	controlled	control	VERB
ftr-463	547	71	companies	company	NOUN
ftr-463	547	72	for	for	ADP
ftr-463	547	73	a	a	DET
ftr-463	547	74	continuous	continuous	ADJ
ftr-463	547	75	two	two	NUM
ftr-463	547	76	-	-	PUNCT
ftr-463	547	77	year	year	NOUN
ftr-463	547	78	period	period	NOUN
ftr-463	547	79	immediately	immediately	ADV
ftr-463	547	80	after	after	ADP
ftr-463	547	81	the	the	DET
ftr-463	547	82	distribution	distribution	NOUN
ftr-463	547	83	.	.	PUNCT
ftr-463	548	1	see	see	VERB
ftr-463	548	2	department	department	PROPN
ftr-463	548	3	of	of	ADP
ftr-463	548	4	the	the	DET
ftr-463	548	5	treasury	treasury	NOUN
ftr-463	548	6	,	,	PUNCT
ftr-463	548	7	general	general	ADJ
ftr-463	548	8	explanations	explanation	NOUN
ftr-463	548	9	of	of	ADP
ftr-463	548	10	the	the	DET
ftr-463	548	11	administration	administration	NOUN
ftr-463	548	12	's	's	PART
ftr-463	548	13	revenue	revenue	NOUN
ftr-463	548	14	proposals	proposal	NOUN
ftr-463	548	15	(	(	PUNCT
ftr-463	548	16	mar	mar	PROPN
ftr-463	548	17	.	.	PROPN
ftr-463	548	18	1996	1996	NUM
ftr-463	548	19	)	)	PUNCT
ftr-463	548	20	;	;	PUNCT
ftr-463	548	21	joint	joint	ADJ
ftr-463	548	22	committee	committee	NOUN
ftr-463	548	23	on	on	ADP
ftr-463	548	24	taxation	taxation	NOUN
ftr-463	548	25	,	,	PUNCT
ftr-463	548	26	description	description	NOUN
ftr-463	548	27	of	of	ADP
ftr-463	548	28	revenue	revenue	NOUN
ftr-463	548	29	provisions	provision	NOUN
ftr-463	548	30	contained	contain	VERB
ftr-463	548	31	in	in	ADP
ftr-463	548	32	the	the	DET
ftr-463	548	33	president	president	NOUN
ftr-463	548	34	's	's	PART
ftr-463	548	35	fiscal	fiscal	ADJ
ftr-463	548	36	year	year	NOUN
ftr-463	548	37	1997	1997	NUM
ftr-463	548	38	budget	budget	NOUN
ftr-463	548	39	proposal	proposal	NOUN
ftr-463	548	40	(	(	PUNCT
ftr-463	548	41	released	release	VERB
ftr-463	548	42	on	on	ADP
ftr-463	548	43	mar	mar	PROPN
ftr-463	548	44	.	.	PROPN
ftr-463	548	45	19	19	NUM
ftr-463	548	46	,	,	PUNCT
ftr-463	548	47	1996	1996	NUM
ftr-463	548	48	)	)	PUNCT
ftr-463	548	49	(	(	PUNCT
ftr-463	548	50	jcs-2	jcs-2	X
ftr-463	548	51	-	-	SYM
ftr-463	548	52	96	96	NUM
ftr-463	548	53	)	)	PUNCT
ftr-463	548	54	(	(	PUNCT
ftr-463	548	55	mar	mar	PROPN
ftr-463	548	56	.	.	PROPN
ftr-463	548	57	27	27	NUM
ftr-463	548	58	.	.	PUNCT
ftr-463	548	59	1996	1996	NUM
ftr-463	548	60	)	)	PUNCT
ftr-463	548	61	.	.	PUNCT
ftr-463	549	1	florida	florida	PROPN
ftr-463	549	2	tax	tax	PROPN
ftr-463	549	3	review	review	NOUN
ftr-463	549	4	3	3	X
ftr-463	549	5	.	.	PUNCT
ftr-463	550	1	f	f	PROPN
ftr-463	551	1	reorganizations.-the	reorganizations.-the	DET
ftr-463	551	2	use	use	NOUN
ftr-463	551	3	of	of	ADP
ftr-463	551	4	continuity	continuity	NOUN
ftr-463	551	5	to	to	PART
ftr-463	551	6	bust	bust	VERB
ftr-463	551	7	putative	putative	ADJ
ftr-463	551	8	f	f	PROPN
ftr-463	551	9	reorganizations	reorganization	NOUN
ftr-463	551	10	had	have	VERB
ftr-463	551	11	nothing	nothing	PRON
ftr-463	551	12	to	to	PART
ftr-463	551	13	do	do	VERB
ftr-463	551	14	with	with	ADP
ftr-463	551	15	preventing	prevent	VERB
ftr-463	551	16	tax	tax	NOUN
ftr-463	551	17	-	-	PUNCT
ftr-463	551	18	free	free	ADJ
ftr-463	551	19	treatment	treatment	NOUN
ftr-463	551	20	for	for	ADP
ftr-463	551	21	insubstance	insubstance	NOUN
ftr-463	551	22	asset	asset	NOUN
ftr-463	551	23	sales	sale	NOUN
ftr-463	551	24	,	,	PUNCT
ftr-463	551	25	as	as	SCONJ
ftr-463	551	26	did	do	VERB
ftr-463	551	27	cortland	cortland	PROPN
ftr-463	551	28	and	and	CCONJ
ftr-463	551	29	pinellas	pinellas	PROPN
ftr-463	551	30	,	,	PUNCT
ftr-463	551	31	but	but	CCONJ
ftr-463	551	32	instead	instead	ADV
ftr-463	551	33	was	be	AUX
ftr-463	551	34	the	the	DET
ftr-463	551	35	courts	court	NOUN
ftr-463	551	36	'	'	PART
ftr-463	551	37	attempt	attempt	NOUN
ftr-463	551	38	to	to	PART
ftr-463	551	39	corral	corral	VERB
ftr-463	551	40	a	a	DET
ftr-463	551	41	rampant	rampant	ADJ
ftr-463	551	42	section	section	NOUN
ftr-463	551	43	368(a)(1)(f	368(a)(1)(f	NUM
ftr-463	551	44	)	)	PUNCT
ftr-463	551	45	,	,	PUNCT
ftr-463	551	46	which	which	PRON
ftr-463	551	47	was	be	AUX
ftr-463	551	48	unloosed	unloose	VERB
ftr-463	551	49	by	by	ADP
ftr-463	551	50	the	the	DET
ftr-463	551	51	service	service	NOUN
ftr-463	551	52	as	as	ADP
ftr-463	551	53	a	a	DET
ftr-463	551	54	weapon	weapon	NOUN
ftr-463	551	55	against	against	ADP
ftr-463	551	56	liquidation	liquidation	NOUN
ftr-463	551	57	-	-	PUNCT
ftr-463	551	58	reincorporation	reincorporation	NOUN
ftr-463	551	59	transactions	transaction	NOUN
ftr-463	551	60	but	but	CCONJ
ftr-463	551	61	before	before	ADP
ftr-463	551	62	long	long	ADV
ftr-463	551	63	had	have	AUX
ftr-463	551	64	turned	turn	VERB
ftr-463	551	65	on	on	ADP
ftr-463	551	66	its	its	PRON
ftr-463	551	67	master.88	master.88	PROPN
ftr-463	551	68	in	in	ADP
ftr-463	551	69	1961	1961	NUM
ftr-463	551	70	,	,	PUNCT
ftr-463	551	71	after	after	SCONJ
ftr-463	551	72	congress	congress	PROPN
ftr-463	551	73	failed	fail	VERB
ftr-463	551	74	to	to	PART
ftr-463	551	75	pass	pass	VERB
ftr-463	551	76	legislation	legislation	NOUN
ftr-463	551	77	curbing	curb	VERB
ftr-463	551	78	tax	tax	NOUN
ftr-463	551	79	-	-	PUNCT
ftr-463	551	80	free	free	ADJ
ftr-463	551	81	liquidation	liquidation	NOUN
ftr-463	551	82	-	-	PUNCT
ftr-463	551	83	reincorporations	reincorporation	NOUN
ftr-463	551	84	,	,	PUNCT
ftr-463	551	85	the	the	DET
ftr-463	551	86	service	service	NOUN
ftr-463	551	87	asserted	assert	VERB
ftr-463	551	88	the	the	DET
ftr-463	551	89	f	f	PROPN
ftr-463	551	90	reorganization	reorganization	NOUN
ftr-463	551	91	as	as	ADP
ftr-463	551	92	a	a	DET
ftr-463	551	93	means	means	NOUN
ftr-463	551	94	to	to	PART
ftr-463	551	95	attack	attack	VERB
ftr-463	551	96	transactions	transaction	NOUN
ftr-463	551	97	in	in	ADP
ftr-463	551	98	which	which	PRON
ftr-463	551	99	an	an	DET
ftr-463	551	100	operating	operate	VERB
ftr-463	551	101	company	company	NOUN
ftr-463	551	102	was	be	AUX
ftr-463	551	103	liquidated	liquidate	VERB
ftr-463	551	104	and	and	CCONJ
ftr-463	551	105	reincorporated	reincorporate	VERB
ftr-463	551	106	with	with	ADP
ftr-463	551	107	shareholders	shareholder	NOUN
ftr-463	551	108	receiving	receive	VERB
ftr-463	551	109	cash	cash	NOUN
ftr-463	551	110	and/or	and/or	CCONJ
ftr-463	551	111	notes	note	NOUN
ftr-463	551	112	but	but	CCONJ
ftr-463	551	113	maintaining	maintain	VERB
ftr-463	551	114	the	the	DET
ftr-463	551	115	same	same	ADJ
ftr-463	551	116	proportionate	proportionate	ADJ
ftr-463	551	117	equity	equity	NOUN
ftr-463	551	118	interests	interest	NOUN
ftr-463	551	119	in	in	ADP
ftr-463	551	120	the	the	DET
ftr-463	551	121	new	new	ADJ
ftr-463	551	122	corporation.8	corporation.8	PROPN
ftr-463	551	123	if	if	SCONJ
ftr-463	551	124	the	the	DET
ftr-463	551	125	form	form	NOUN
ftr-463	551	126	of	of	ADP
ftr-463	551	127	the	the	DET
ftr-463	551	128	transaction	transaction	NOUN
ftr-463	551	129	was	be	AUX
ftr-463	551	130	respected	respect	VERB
ftr-463	551	131	,	,	PUNCT
ftr-463	551	132	the	the	DET
ftr-463	551	133	shareholders	shareholder	NOUN
ftr-463	551	134	could	could	AUX
ftr-463	551	135	claim	claim	VERB
ftr-463	551	136	capital	capital	NOUN
ftr-463	551	137	gain	gain	NOUN
ftr-463	551	138	or	or	CCONJ
ftr-463	551	139	loss	loss	NOUN
ftr-463	551	140	on	on	ADP
ftr-463	551	141	the	the	DET
ftr-463	551	142	liquidation	liquidation	NOUN
ftr-463	551	143	.	.	PUNCT
ftr-463	552	1	if	if	SCONJ
ftr-463	552	2	the	the	DET
ftr-463	552	3	transaction	transaction	NOUN
ftr-463	552	4	was	be	AUX
ftr-463	552	5	recast	recast	VERB
ftr-463	552	6	as	as	ADP
ftr-463	552	7	a	a	DET
ftr-463	552	8	reorganization	reorganization	NOUN
ftr-463	552	9	,	,	PUNCT
ftr-463	552	10	no	no	DET
ftr-463	552	11	loss	loss	NOUN
ftr-463	552	12	would	would	AUX
ftr-463	552	13	be	be	AUX
ftr-463	552	14	recognized	recognize	VERB
ftr-463	552	15	,	,	PUNCT
ftr-463	552	16	and	and	CCONJ
ftr-463	552	17	the	the	DET
ftr-463	552	18	liquidation	liquidation	NOUN
ftr-463	552	19	proceeds	proceed	NOUN
ftr-463	552	20	were	be	AUX
ftr-463	552	21	taxable	taxable	ADJ
ftr-463	552	22	as	as	ADP
ftr-463	552	23	boot	boot	NOUN
ftr-463	552	24	(	(	PUNCT
ftr-463	552	25	typically	typically	ADV
ftr-463	552	26	,	,	PUNCT
ftr-463	552	27	as	as	ADP
ftr-463	552	28	a	a	DET
ftr-463	552	29	dividend	dividend	NOUN
ftr-463	552	30	)	)	PUNCT
ftr-463	552	31	.	.	PUNCT
ftr-463	553	1	although	although	SCONJ
ftr-463	553	2	an	an	DET
ftr-463	553	3	f	f	PROPN
ftr-463	553	4	reorganization	reorganization	NOUN
ftr-463	553	5	must	must	AUX
ftr-463	553	6	be	be	AUX
ftr-463	553	7	"	"	PUNCT
ftr-463	553	8	a	a	DET
ftr-463	553	9	mere	mere	ADJ
ftr-463	553	10	change	change	NOUN
ftr-463	553	11	in	in	ADP
ftr-463	553	12	identity	identity	NOUN
ftr-463	553	13	,	,	PUNCT
ftr-463	553	14	form	form	NOUN
ftr-463	553	15	or	or	CCONJ
ftr-463	553	16	place	place	NOUN
ftr-463	553	17	of	of	ADP
ftr-463	553	18	organization	organization	NOUN
ftr-463	553	19	,	,	PUNCT
ftr-463	553	20	''	''	PUNCT
ftr-463	553	21	"	"	PUNCT
ftr-463	553	22	°	°	ADP
ftr-463	553	23	the	the	DET
ftr-463	553	24	service	service	NOUN
ftr-463	553	25	's	's	PART
ftr-463	553	26	argument	argument	NOUN
ftr-463	553	27	that	that	SCONJ
ftr-463	553	28	it	it	PRON
ftr-463	553	29	should	should	AUX
ftr-463	553	30	also	also	ADV
ftr-463	553	31	encompass	encompass	VERB
ftr-463	553	32	multiple	multiple	ADJ
ftr-463	553	33	operating	operate	VERB
ftr-463	553	34	company	company	NOUN
ftr-463	553	35	transactions	transaction	NOUN
ftr-463	553	36	was	be	AUX
ftr-463	553	37	wildly	wildly	ADV
ftr-463	553	38	successful	successful	ADJ
ftr-463	553	39	.	.	PUNCT
ftr-463	554	1	in	in	ADP
ftr-463	554	2	davant	davant	PROPN
ftr-463	554	3	v.	v.	SCONJ
ftr-463	554	4	commissioner,9	commissioner,9	VERB
ftr-463	554	5	a	a	DET
ftr-463	554	6	group	group	NOUN
ftr-463	554	7	of	of	ADP
ftr-463	554	8	shareholders	shareholder	NOUN
ftr-463	554	9	with	with	ADP
ftr-463	554	10	parallel	parallel	ADJ
ftr-463	554	11	ownership	ownership	NOUN
ftr-463	554	12	of	of	ADP
ftr-463	554	13	two	two	NUM
ftr-463	554	14	operating	operate	VERB
ftr-463	554	15	companies	company	NOUN
ftr-463	554	16	caused	cause	VERB
ftr-463	554	17	one	one	NOUN
ftr-463	554	18	to	to	PART
ftr-463	554	19	purchase	purchase	VERB
ftr-463	554	20	the	the	DET
ftr-463	554	21	assets	asset	NOUN
ftr-463	554	22	of	of	ADP
ftr-463	554	23	the	the	DET
ftr-463	554	24	other	other	ADJ
ftr-463	554	25	and	and	CCONJ
ftr-463	554	26	then	then	ADV
ftr-463	554	27	liquidated	liquidate	VERB
ftr-463	554	28	the	the	DET
ftr-463	554	29	transferor	transferor	NOUN
ftr-463	554	30	.	.	PUNCT
ftr-463	555	1	the	the	DET
ftr-463	555	2	service	service	NOUN
ftr-463	555	3	argued	argue	VERB
ftr-463	555	4	in	in	ADP
ftr-463	555	5	the	the	DET
ftr-463	555	6	tax	tax	NOUN
ftr-463	555	7	court	court	NOUN
ftr-463	555	8	that	that	SCONJ
ftr-463	555	9	the	the	DET
ftr-463	555	10	transaction	transaction	NOUN
ftr-463	555	11	was	be	AUX
ftr-463	555	12	not	not	PART
ftr-463	555	13	only	only	ADV
ftr-463	555	14	a	a	DET
ftr-463	555	15	d	d	NOUN
ftr-463	555	16	but	but	CCONJ
ftr-463	555	17	also	also	ADV
ftr-463	555	18	an	an	DET
ftr-463	555	19	f	f	PROPN
ftr-463	555	20	reorganization	reorganization	NOUN
ftr-463	555	21	.	.	PUNCT
ftr-463	556	1	the	the	DET
ftr-463	556	2	service	service	NOUN
ftr-463	556	3	later	later	ADV
ftr-463	556	4	realized	realize	VERB
ftr-463	556	5	the	the	DET
ftr-463	556	6	evils	evil	NOUN
ftr-463	556	7	that	that	PRON
ftr-463	556	8	would	would	AUX
ftr-463	556	9	result	result	VERB
ftr-463	556	10	from	from	ADP
ftr-463	556	11	such	such	DET
ftr-463	556	12	a	a	DET
ftr-463	556	13	holding	holding	NOUN
ftr-463	556	14	and	and	CCONJ
ftr-463	556	15	attempted	attempt	VERB
ftr-463	556	16	to	to	PART
ftr-463	556	17	bag	bag	VERB
ftr-463	556	18	its	its	PRON
ftr-463	556	19	own	own	ADJ
ftr-463	556	20	errant	errant	ADJ
ftr-463	556	21	theory	theory	NOUN
ftr-463	556	22	by	by	ADP
ftr-463	556	23	abandoning	abandon	VERB
ftr-463	556	24	the	the	DET
ftr-463	556	25	f	f	PROPN
ftr-463	556	26	reorganization	reorganization	NOUN
ftr-463	556	27	argument	argument	NOUN
ftr-463	556	28	when	when	SCONJ
ftr-463	556	29	it	it	PRON
ftr-463	556	30	went	go	VERB
ftr-463	556	31	before	before	ADP
ftr-463	556	32	the	the	DET
ftr-463	556	33	fifth	fifth	ADJ
ftr-463	556	34	circuit	circuit	NOUN
ftr-463	556	35	.	.	PUNCT
ftr-463	557	1	however	however	ADV
ftr-463	557	2	,	,	PUNCT
ftr-463	557	3	the	the	DET
ftr-463	557	4	effort	effort	NOUN
ftr-463	557	5	was	be	AUX
ftr-463	557	6	in	in	ADP
ftr-463	557	7	vain	vain	ADJ
ftr-463	557	8	.	.	PUNCT
ftr-463	558	1	all	all	PRON
ftr-463	558	2	on	on	ADP
ftr-463	558	3	its	its	PRON
ftr-463	558	4	own	own	ADJ
ftr-463	558	5	,	,	PUNCT
ftr-463	558	6	the	the	DET
ftr-463	558	7	court	court	NOUN
ftr-463	558	8	held	hold	VERB
ftr-463	558	9	that	that	SCONJ
ftr-463	558	10	the	the	DET
ftr-463	558	11	transaction	transaction	NOUN
ftr-463	558	12	was	be	AUX
ftr-463	558	13	both	both	CCONJ
ftr-463	558	14	a	a	DET
ftr-463	558	15	d	d	NOUN
ftr-463	558	16	and	and	CCONJ
ftr-463	558	17	an	an	DET
ftr-463	558	18	f	f	PROPN
ftr-463	558	19	reorganization.92	reorganization.92	NOUN
ftr-463	558	20	almost	almost	ADV
ftr-463	558	21	immediately	immediately	ADV
ftr-463	558	22	,	,	PUNCT
ftr-463	558	23	taxpayers	taxpayer	NOUN
ftr-463	558	24	claimed	claim	VERB
ftr-463	558	25	the	the	DET
ftr-463	558	26	spoils	spoil	NOUN
ftr-463	558	27	of	of	ADP
ftr-463	558	28	the	the	DET
ftr-463	558	29	service	service	NOUN
ftr-463	558	30	's	's	PART
ftr-463	558	31	pyrrhic	pyrrhic	ADJ
ftr-463	558	32	victory	victory	NOUN
ftr-463	558	33	in	in	ADP
ftr-463	558	34	davant	davant	NOUN
ftr-463	558	35	.	.	PUNCT
ftr-463	559	1	an	an	DET
ftr-463	559	2	f	f	PROPN
ftr-463	559	3	reorganization	reorganization	NOUN
ftr-463	559	4	is	be	AUX
ftr-463	559	5	the	the	DET
ftr-463	559	6	only	only	ADJ
ftr-463	559	7	acquisitive	acquisitive	ADJ
ftr-463	559	8	transaction	transaction	NOUN
ftr-463	559	9	that	that	PRON
ftr-463	559	10	permits	permit	VERB
ftr-463	559	11	the	the	DET
ftr-463	559	12	acquiror	acquiror	NOUN
ftr-463	559	13	to	to	PART
ftr-463	559	14	carryback	carryback	VERB
ftr-463	559	15	a	a	DET
ftr-463	559	16	net	net	ADJ
ftr-463	559	17	operating	operating	NOUN
ftr-463	559	18	loss	loss	NOUN
ftr-463	559	19	from	from	ADP
ftr-463	559	20	a	a	DET
ftr-463	559	21	year	year	NOUN
ftr-463	559	22	after	after	SCONJ
ftr-463	559	23	the	the	DET
ftr-463	559	24	acquisition	acquisition	NOUN
ftr-463	559	25	to	to	PART
ftr-463	559	26	offset	offset	VERB
ftr-463	559	27	income	income	NOUN
ftr-463	559	28	of	of	ADP
ftr-463	559	29	the	the	DET
ftr-463	559	30	target	target	NOUN
ftr-463	559	31	in	in	ADP
ftr-463	559	32	a	a	DET
ftr-463	559	33	preacquisition	preacquisition	NOUN
ftr-463	559	34	year.93	year.93	NOUN
ftr-463	559	35	thus	thus	ADV
ftr-463	559	36	,	,	PUNCT
ftr-463	559	37	if	if	SCONJ
ftr-463	559	38	after	after	ADP
ftr-463	559	39	an	an	DET
ftr-463	559	40	f	f	PROPN
ftr-463	559	41	reorganization	reorganization	NOUN
ftr-463	559	42	,	,	PUNCT
ftr-463	559	43	the	the	DET
ftr-463	559	44	acquiror	acquiror	NOUN
ftr-463	559	45	operates	operate	VERB
ftr-463	559	46	at	at	ADP
ftr-463	559	47	a	a	DET
ftr-463	559	48	loss	loss	NOUN
ftr-463	559	49	in	in	ADP
ftr-463	559	50	a	a	DET
ftr-463	559	51	post88	post88	ADJ
ftr-463	559	52	.	.	PUNCT
ftr-463	560	1	the	the	DET
ftr-463	560	2	rise	rise	NOUN
ftr-463	560	3	of	of	ADP
ftr-463	560	4	the	the	DET
ftr-463	560	5	f	f	PROPN
ftr-463	560	6	reorganization	reorganization	NOUN
ftr-463	560	7	is	be	AUX
ftr-463	560	8	recounted	recount	VERB
ftr-463	560	9	in	in	ADP
ftr-463	560	10	patricia	patricia	PROPN
ftr-463	560	11	ann	ann	PROPN
ftr-463	560	12	metzer	metzer	PROPN
ftr-463	560	13	,	,	PUNCT
ftr-463	560	14	an	an	DET
ftr-463	560	15	effective	effective	ADJ
ftr-463	560	16	use	use	NOUN
ftr-463	560	17	of	of	ADP
ftr-463	560	18	plain	plain	ADJ
ftr-463	560	19	english	english	NOUN
ftr-463	560	20	-	-	PUNCT
ftr-463	560	21	the	the	DET
ftr-463	560	22	evolution	evolution	NOUN
ftr-463	560	23	and	and	CCONJ
ftr-463	560	24	impact	impact	NOUN
ftr-463	560	25	of	of	ADP
ftr-463	560	26	section	section	NOUN
ftr-463	560	27	368(a)(l)(f	368(a)(l)(f	NUM
ftr-463	560	28	)	)	PUNCT
ftr-463	560	29	,	,	PUNCT
ftr-463	560	30	32	32	NUM
ftr-463	560	31	tax	tax	NOUN
ftr-463	560	32	law	law	NOUN
ftr-463	560	33	.	.	PUNCT
ftr-463	561	1	703	703	NUM
ftr-463	561	2	(	(	PUNCT
ftr-463	561	3	1979	1979	NUM
ftr-463	561	4	)	)	PUNCT
ftr-463	561	5	and	and	CCONJ
ftr-463	561	6	richard	richard	PROPN
ftr-463	561	7	crawford	crawford	PROPN
ftr-463	561	8	pugh	pugh	PROPN
ftr-463	561	9	,	,	PUNCT
ftr-463	561	10	the	the	DET
ftr-463	561	11	f	f	PROPN
ftr-463	561	12	reorganization	reorganization	NOUN
ftr-463	561	13	:	:	PUNCT
ftr-463	561	14	reveille	reveille	PROPN
ftr-463	561	15	for	for	ADP
ftr-463	561	16	a	a	DET
ftr-463	561	17	sleeping	sleep	VERB
ftr-463	561	18	giant	giant	NOUN
ftr-463	561	19	?	?	PUNCT
ftr-463	562	1	24	24	NUM
ftr-463	562	2	tax	tax	NOUN
ftr-463	562	3	l.	l.	PROPN
ftr-463	562	4	rev	rev	PROPN
ftr-463	562	5	.	.	PROPN
ftr-463	562	6	437	437	NUM
ftr-463	562	7	(	(	PUNCT
ftr-463	562	8	1969	1969	NUM
ftr-463	562	9	)	)	PUNCT
ftr-463	562	10	.	.	PUNCT
ftr-463	563	1	89	89	NUM
ftr-463	563	2	.	.	PUNCT
ftr-463	564	1	see	see	VERB
ftr-463	564	2	rev	rev	PROPN
ftr-463	564	3	.	.	PROPN
ftr-463	564	4	rul	rul	PROPN
ftr-463	564	5	.	.	PUNCT
ftr-463	565	1	61	61	NUM
ftr-463	565	2	-	-	SYM
ftr-463	565	3	156	156	NUM
ftr-463	565	4	,	,	PUNCT
ftr-463	565	5	1961	1961	NUM
ftr-463	565	6	-	-	SYM
ftr-463	565	7	2	2	NUM
ftr-463	565	8	c.b	c.b	PROPN
ftr-463	565	9	.	.	PROPN
ftr-463	565	10	62	62	NUM
ftr-463	565	11	.	.	PUNCT
ftr-463	565	12	90	90	NUM
ftr-463	565	13	.	.	PUNCT
ftr-463	566	1	irc	irc	PROPN
ftr-463	566	2	§	§	PROPN
ftr-463	566	3	368(a)(1)(f	368(a)(1)(f	NUM
ftr-463	566	4	)	)	PUNCT
ftr-463	566	5	.	.	PUNCT
ftr-463	567	1	91	91	NUM
ftr-463	567	2	.	.	PUNCT
ftr-463	568	1	366	366	NUM
ftr-463	568	2	f.2d	f.2d	NUM
ftr-463	568	3	874	874	NUM
ftr-463	568	4	(	(	PUNCT
ftr-463	568	5	5th	5th	ADJ
ftr-463	568	6	cir	cir	NOUN
ftr-463	568	7	.	.	PROPN
ftr-463	568	8	1966	1966	NUM
ftr-463	568	9	)	)	PUNCT
ftr-463	568	10	,	,	PUNCT
ftr-463	568	11	cert	cert	PROPN
ftr-463	568	12	.	.	PUNCT
ftr-463	569	1	denied	deny	VERB
ftr-463	569	2	,	,	PUNCT
ftr-463	569	3	386	386	NUM
ftr-463	569	4	u.s	u.s	PROPN
ftr-463	569	5	.	.	PROPN
ftr-463	569	6	1022	1022	NUM
ftr-463	569	7	(	(	PUNCT
ftr-463	569	8	1967	1967	NUM
ftr-463	569	9	)	)	PUNCT
ftr-463	569	10	.	.	PUNCT
ftr-463	570	1	92	92	NUM
ftr-463	570	2	.	.	PUNCT
ftr-463	571	1	davant	davant	PROPN
ftr-463	571	2	's	's	PART
ftr-463	571	3	litigation	litigation	NOUN
ftr-463	571	4	history	history	NOUN
ftr-463	571	5	is	be	AUX
ftr-463	571	6	recounted	recount	VERB
ftr-463	571	7	in	in	ADP
ftr-463	571	8	rev	rev	PROPN
ftr-463	571	9	.	.	PUNCT
ftr-463	571	10	rul	rul	PROPN
ftr-463	571	11	.	.	PUNCT
ftr-463	572	1	69	69	NUM
ftr-463	572	2	-	-	SYM
ftr-463	572	3	185	185	NUM
ftr-463	572	4	,	,	PUNCT
ftr-463	572	5	1969	1969	NUM
ftr-463	572	6	-	-	SYM
ftr-463	572	7	1	1	NUM
ftr-463	572	8	c.b	c.b	PROPN
ftr-463	572	9	.	.	PROPN
ftr-463	572	10	108	108	NUM
ftr-463	572	11	.	.	PUNCT
ftr-463	572	12	93	93	NUM
ftr-463	572	13	.	.	PUNCT
ftr-463	573	1	irc	irc	PROPN
ftr-463	573	2	§	§	PROPN
ftr-463	573	3	381(b	381(b	PROPN
ftr-463	573	4	)	)	PUNCT
ftr-463	573	5	(	(	PUNCT
ftr-463	573	6	flush	flush	ADJ
ftr-463	573	7	language	language	NOUN
ftr-463	573	8	)	)	PUNCT
ftr-463	573	9	,	,	PUNCT
ftr-463	573	10	(	(	PUNCT
ftr-463	573	11	b)(3	b)(3	NOUN
ftr-463	573	12	)	)	PUNCT
ftr-463	573	13	.	.	PUNCT
ftr-463	574	1	also	also	ADV
ftr-463	574	2	enjoying	enjoy	VERB
ftr-463	574	3	this	this	DET
ftr-463	574	4	benefit	benefit	NOUN
ftr-463	574	5	is	be	AUX
ftr-463	574	6	a	a	DET
ftr-463	574	7	single	single	ADJ
ftr-463	574	8	corporation	corporation	NOUN
ftr-463	574	9	undergoing	undergo	VERB
ftr-463	574	10	an	an	DET
ftr-463	574	11	e	e	NOUN
ftr-463	574	12	-	-	NOUN
ftr-463	574	13	type	type	NOUN
ftr-463	574	14	recapitalization	recapitalization	NOUN
ftr-463	574	15	.	.	PUNCT
ftr-463	575	1	see	see	VERB
ftr-463	575	2	irc	irc	PROPN
ftr-463	575	3	§	§	PROPN
ftr-463	575	4	381(a)(2	381(a)(2	NUM
ftr-463	575	5	)	)	PUNCT
ftr-463	575	6	.	.	PUNCT
ftr-463	576	1	also	also	ADV
ftr-463	576	2	,	,	PUNCT
ftr-463	576	3	the	the	DET
ftr-463	576	4	taxable	taxable	ADJ
ftr-463	576	5	year	year	NOUN
ftr-463	576	6	does	do	AUX
ftr-463	576	7	not	not	PART
ftr-463	576	8	terminate	terminate	VERB
ftr-463	576	9	as	as	ADP
ftr-463	576	10	a	a	DET
ftr-463	576	11	result	result	NOUN
ftr-463	576	12	of	of	ADP
ftr-463	576	13	an	an	DET
ftr-463	576	14	e	e	NOUN
ftr-463	576	15	or	or	CCONJ
ftr-463	576	16	f	f	PROPN
ftr-463	576	17	reorganization	reorganization	NOUN
ftr-463	576	18	.	.	PUNCT
ftr-463	577	1	[	[	X
ftr-463	577	2	val	val	X
ftr-463	577	3	.	.	PUNCT
ftr-463	578	1	3:5	3:5	NUM
ftr-463	578	2	1996	1996	NUM
ftr-463	578	3	]	]	PUNCT
ftr-463	578	4	devolution	devolution	NOUN
ftr-463	578	5	&	&	CCONJ
ftr-463	578	6	inevitable	inevitable	ADJ
ftr-463	578	7	extinction	extinction	NOUN
ftr-463	578	8	of	of	ADP
ftr-463	578	9	the	the	DET
ftr-463	578	10	continuity	continuity	NOUN
ftr-463	578	11	of	of	ADP
ftr-463	578	12	interest	interest	NOUN
ftr-463	578	13	doctrine	doctrine	NOUN
ftr-463	578	14	213	213	NUM
ftr-463	578	15	acquisition	acquisition	NOUN
ftr-463	578	16	year	year	NOUN
ftr-463	578	17	,	,	PUNCT
ftr-463	578	18	it	it	PRON
ftr-463	578	19	may	may	AUX
ftr-463	578	20	use	use	VERB
ftr-463	578	21	the	the	DET
ftr-463	578	22	losses	loss	NOUN
ftr-463	578	23	to	to	PART
ftr-463	578	24	offset	offset	VERB
ftr-463	578	25	the	the	DET
ftr-463	578	26	target	target	NOUN
ftr-463	578	27	's	's	PART
ftr-463	578	28	preacquisition	preacquisition	NOUN
ftr-463	578	29	income	income	NOUN
ftr-463	578	30	and	and	CCONJ
ftr-463	578	31	obtain	obtain	VERB
ftr-463	578	32	a	a	DET
ftr-463	578	33	refund	refund	NOUN
ftr-463	578	34	.	.	PUNCT
ftr-463	579	1	if	if	SCONJ
ftr-463	579	2	the	the	DET
ftr-463	579	3	reorganization	reorganization	NOUN
ftr-463	579	4	is	be	AUX
ftr-463	579	5	not	not	PART
ftr-463	579	6	an	an	DET
ftr-463	579	7	f	f	NOUN
ftr-463	579	8	,	,	PUNCT
ftr-463	579	9	any	any	DET
ftr-463	579	10	tax	tax	NOUN
ftr-463	579	11	benefit	benefit	NOUN
ftr-463	579	12	from	from	ADP
ftr-463	579	13	the	the	DET
ftr-463	579	14	net	net	ADJ
ftr-463	579	15	operating	operating	NOUN
ftr-463	579	16	loss	loss	NOUN
ftr-463	579	17	might	might	AUX
ftr-463	579	18	be	be	AUX
ftr-463	579	19	delayed	delay	VERB
ftr-463	579	20	or	or	CCONJ
ftr-463	579	21	lost	lose	VERB
ftr-463	579	22	altogether	altogether	ADV
ftr-463	579	23	.	.	PUNCT
ftr-463	580	1	now	now	ADV
ftr-463	580	2	sensitive	sensitive	ADJ
ftr-463	580	3	to	to	ADP
ftr-463	580	4	the	the	DET
ftr-463	580	5	revenue	revenue	NOUN
ftr-463	580	6	loss	loss	NOUN
ftr-463	580	7	that	that	PRON
ftr-463	580	8	the	the	DET
ftr-463	580	9	unleashed	unleashed	ADJ
ftr-463	580	10	f	f	PROPN
ftr-463	580	11	reorganization	reorganization	NOUN
ftr-463	580	12	could	could	AUX
ftr-463	580	13	wreak	wreak	VERB
ftr-463	580	14	on	on	ADP
ftr-463	580	15	the	the	DET
ftr-463	580	16	fisc	fisc	NOUN
ftr-463	580	17	,	,	PUNCT
ftr-463	580	18	the	the	DET
ftr-463	580	19	service	service	NOUN
ftr-463	580	20	attempted	attempt	VERB
ftr-463	580	21	first	first	ADV
ftr-463	580	22	to	to	PART
ftr-463	580	23	claim	claim	VERB
ftr-463	580	24	the	the	DET
ftr-463	580	25	desirable	desirable	ADJ
ftr-463	580	26	aspects	aspect	NOUN
ftr-463	580	27	of	of	ADP
ftr-463	580	28	f	f	PROPN
ftr-463	580	29	reorganizations	reorganization	NOUN
ftr-463	580	30	only	only	ADV
ftr-463	580	31	for	for	ADP
ftr-463	580	32	itself	itself	PRON
ftr-463	580	33	,	,	PUNCT
ftr-463	580	34	arguing	argue	VERB
ftr-463	580	35	that	that	SCONJ
ftr-463	580	36	they	they	PRON
ftr-463	580	37	should	should	AUX
ftr-463	580	38	continue	continue	VERB
ftr-463	580	39	to	to	PART
ftr-463	580	40	be	be	AUX
ftr-463	580	41	liquidation	liquidation	NOUN
ftr-463	580	42	-	-	PUNCT
ftr-463	580	43	reincorporation	reincorporation	NOUN
ftr-463	580	44	busters	buster	NOUN
ftr-463	580	45	but	but	CCONJ
ftr-463	580	46	denying	deny	VERB
ftr-463	580	47	the	the	DET
ftr-463	580	48	loss	loss	NOUN
ftr-463	580	49	carryback	carryback	NOUN
ftr-463	580	50	benefits	benefit	NOUN
ftr-463	580	51	to	to	ADP
ftr-463	580	52	taxpayers	taxpayer	NOUN
ftr-463	580	53	engaging	engage	VERB
ftr-463	580	54	in	in	ADP
ftr-463	580	55	multiple	multiple	ADJ
ftr-463	580	56	operating	operate	VERB
ftr-463	580	57	company	company	NOUN
ftr-463	580	58	acquisitions	acquisition	NOUN
ftr-463	580	59	.	.	PUNCT
ftr-463	581	1	these	these	DET
ftr-463	581	2	arguments	argument	NOUN
ftr-463	581	3	failed	fail	VERB
ftr-463	581	4	to	to	PART
ftr-463	581	5	convince	convince	VERB
ftr-463	581	6	the	the	DET
ftr-463	581	7	courts	court	NOUN
ftr-463	581	8	.	.	PUNCT
ftr-463	581	9	'	'	PUNCT
ftr-463	582	1	ultimately	ultimately	ADV
ftr-463	582	2	,	,	PUNCT
ftr-463	582	3	the	the	DET
ftr-463	582	4	service	service	NOUN
ftr-463	582	5	conceded	concede	VERB
ftr-463	582	6	universal	universal	ADJ
ftr-463	582	7	application	application	NOUN
ftr-463	582	8	of	of	ADP
ftr-463	582	9	the	the	DET
ftr-463	582	10	desirable	desirable	ADJ
ftr-463	582	11	aspects	aspect	NOUN
ftr-463	582	12	of	of	ADP
ftr-463	582	13	f	f	PROPN
ftr-463	582	14	reorganizations	reorganization	NOUN
ftr-463	582	15	,	,	PUNCT
ftr-463	582	16	but	but	CCONJ
ftr-463	582	17	proposed	propose	VERB
ftr-463	582	18	a	a	DET
ftr-463	582	19	narrow	narrow	ADJ
ftr-463	582	20	interpretation	interpretation	NOUN
ftr-463	582	21	of	of	ADP
ftr-463	582	22	the	the	DET
ftr-463	582	23	definition	definition	NOUN
ftr-463	582	24	of	of	ADP
ftr-463	582	25	an	an	DET
ftr-463	582	26	f	f	PROPN
ftr-463	582	27	reorganization	reorganization	NOUN
ftr-463	582	28	.	.	PUNCT
ftr-463	583	1	under	under	ADP
ftr-463	583	2	revenue	revenue	NOUN
ftr-463	583	3	ruling	rule	VERB
ftr-463	583	4	75	75	NUM
ftr-463	583	5	-	-	PUNCT
ftr-463	583	6	561,9	561,9	NUM
ftr-463	583	7	the	the	DET
ftr-463	583	8	service	service	NOUN
ftr-463	583	9	required	require	VERB
ftr-463	583	10	for	for	ADP
ftr-463	583	11	f	f	PROPN
ftr-463	583	12	reorganizations	reorganization	NOUN
ftr-463	583	13	of	of	ADP
ftr-463	583	14	multiple	multiple	ADJ
ftr-463	583	15	operating	operate	VERB
ftr-463	583	16	companies	company	NOUN
ftr-463	583	17	that	that	SCONJ
ftr-463	583	18	(	(	PUNCT
ftr-463	583	19	1	1	X
ftr-463	583	20	)	)	PUNCT
ftr-463	583	21	both	both	DET
ftr-463	583	22	corporations	corporation	NOUN
ftr-463	583	23	be	be	AUX
ftr-463	583	24	engaged	engage	VERB
ftr-463	583	25	in	in	ADP
ftr-463	583	26	the	the	DET
ftr-463	583	27	same	same	ADJ
ftr-463	583	28	or	or	CCONJ
ftr-463	583	29	an	an	DET
ftr-463	583	30	integrated	integrated	ADJ
ftr-463	583	31	business	business	NOUN
ftr-463	583	32	,	,	PUNCT
ftr-463	583	33	(	(	PUNCT
ftr-463	583	34	2	2	X
ftr-463	583	35	)	)	PUNCT
ftr-463	583	36	the	the	DET
ftr-463	583	37	businesses	business	NOUN
ftr-463	583	38	remain	remain	VERB
ftr-463	583	39	unchanged	unchanged	ADJ
ftr-463	583	40	after	after	ADP
ftr-463	583	41	the	the	DET
ftr-463	583	42	acquisition	acquisition	NOUN
ftr-463	583	43	and	and	CCONJ
ftr-463	583	44	,	,	PUNCT
ftr-463	583	45	most	most	ADV
ftr-463	583	46	relevant	relevant	ADJ
ftr-463	583	47	to	to	ADP
ftr-463	583	48	this	this	DET
ftr-463	583	49	discussion	discussion	NOUN
ftr-463	583	50	,	,	PUNCT
ftr-463	583	51	(	(	PUNCT
ftr-463	583	52	3	3	X
ftr-463	583	53	)	)	PUNCT
ftr-463	583	54	there	there	PRON
ftr-463	583	55	must	must	AUX
ftr-463	583	56	be	be	AUX
ftr-463	583	57	a	a	DET
ftr-463	583	58	"	"	PUNCT
ftr-463	583	59	complete	complete	ADJ
ftr-463	583	60	identity	identity	NOUN
ftr-463	583	61	of	of	ADP
ftr-463	583	62	shareholders	shareholder	NOUN
ftr-463	583	63	and	and	CCONJ
ftr-463	583	64	their	their	PRON
ftr-463	583	65	proprietary	proprietary	ADJ
ftr-463	583	66	interests	interest	NOUN
ftr-463	583	67	in	in	ADP
ftr-463	583	68	the	the	DET
ftr-463	583	69	transferor	transferor	NOUN
ftr-463	583	70	corporations	corporation	NOUN
ftr-463	583	71	and	and	CCONJ
ftr-463	583	72	acquiring	acquire	VERB
ftr-463	583	73	corporations	corporation	NOUN
ftr-463	583	74	.	.	PUNCT
ftr-463	583	75	"	"	PUNCT
ftr-463	584	1	with	with	ADP
ftr-463	584	2	that	that	DET
ftr-463	584	3	ruling	ruling	NOUN
ftr-463	584	4	,	,	PUNCT
ftr-463	584	5	a	a	DET
ftr-463	584	6	"	"	PUNCT
ftr-463	584	7	super	super	ADJ
ftr-463	584	8	continuity	continuity	NOUN
ftr-463	584	9	"	"	PUNCT
ftr-463	584	10	requirement	requirement	NOUN
ftr-463	584	11	for	for	ADP
ftr-463	584	12	f	f	PROPN
ftr-463	584	13	reorganizations	reorganization	NOUN
ftr-463	584	14	was	be	AUX
ftr-463	584	15	born	bear	VERB
ftr-463	584	16	.	.	PUNCT
ftr-463	585	1	the	the	DET
ftr-463	585	2	courts	court	NOUN
ftr-463	585	3	accepted	accept	VERB
ftr-463	585	4	these	these	DET
ftr-463	585	5	strictures	stricture	NOUN
ftr-463	585	6	(	(	PUNCT
ftr-463	585	7	with	with	ADP
ftr-463	585	8	a	a	DET
ftr-463	585	9	de	de	X
ftr-463	585	10	minintis	minintis	PROPN
ftr-463	585	11	exception),96	exception),96	NOUN
ftr-463	585	12	and	and	CCONJ
ftr-463	585	13	they	they	PRON
ftr-463	585	14	appear	appear	VERB
ftr-463	585	15	to	to	PART
ftr-463	585	16	remain	remain	VERB
ftr-463	585	17	the	the	DET
ftr-463	585	18	law	law	NOUN
ftr-463	585	19	notwithstanding	notwithstanding	ADP
ftr-463	585	20	congress	congress	PROPN
ftr-463	585	21	'	'	PART
ftr-463	585	22	ultimate	ultimate	ADJ
ftr-463	585	23	(	(	PUNCT
ftr-463	585	24	but	but	CCONJ
ftr-463	585	25	,	,	PUNCT
ftr-463	585	26	alas	alas	INTJ
ftr-463	585	27	,	,	PUNCT
ftr-463	585	28	probably	probably	ADV
ftr-463	585	29	incomplete	incomplete	ADJ
ftr-463	585	30	)	)	PUNCT
ftr-463	585	31	solution	solution	NOUN
ftr-463	585	32	to	to	ADP
ftr-463	585	33	the	the	DET
ftr-463	585	34	f	f	PROPN
ftr-463	585	35	reorganization	reorganization	NOUN
ftr-463	585	36	mess	mess	NOUN
ftr-463	585	37	:	:	PUNCT
ftr-463	585	38	to	to	PART
ftr-463	585	39	limit	limit	VERB
ftr-463	585	40	the	the	DET
ftr-463	585	41	application	application	NOUN
ftr-463	585	42	of	of	ADP
ftr-463	585	43	section	section	NOUN
ftr-463	585	44	368(a)(1)(f	368(a)(1)(f	NUM
ftr-463	585	45	)	)	PUNCT
ftr-463	585	46	to	to	ADP
ftr-463	585	47	a	a	DET
ftr-463	585	48	single	single	ADJ
ftr-463	585	49	corporation.9	corporation.9	NOUN
ftr-463	585	50	94	94	NUM
ftr-463	585	51	.	.	PUNCT
ftr-463	586	1	see	see	VERB
ftr-463	586	2	,	,	PUNCT
ftr-463	586	3	e.g.	e.g.	ADV
ftr-463	586	4	,	,	PUNCT
ftr-463	586	5	rev	rev	PROPN
ftr-463	586	6	.	.	PROPN
ftr-463	587	1	rul	rul	PROPN
ftr-463	587	2	.	.	PUNCT
ftr-463	588	1	69	69	NUM
ftr-463	588	2	-	-	SYM
ftr-463	588	3	185	185	NUM
ftr-463	588	4	,	,	PUNCT
ftr-463	588	5	1969	1969	NUM
ftr-463	588	6	-	-	SYM
ftr-463	588	7	1	1	NUM
ftr-463	588	8	c.b	c.b	PROPN
ftr-463	588	9	.	.	PROPN
ftr-463	588	10	108	108	NUM
ftr-463	588	11	(	(	PUNCT
ftr-463	588	12	describing	describe	VERB
ftr-463	588	13	the	the	DET
ftr-463	588	14	service	service	NOUN
ftr-463	588	15	's	's	PART
ftr-463	588	16	litigation	litigation	NOUN
ftr-463	588	17	position	position	NOUN
ftr-463	588	18	and	and	CCONJ
ftr-463	588	19	listing	list	VERB
ftr-463	588	20	the	the	DET
ftr-463	588	21	courts	court	NOUN
ftr-463	588	22	that	that	PRON
ftr-463	588	23	rejected	reject	VERB
ftr-463	588	24	it	it	PRON
ftr-463	588	25	)	)	PUNCT
ftr-463	588	26	.	.	PUNCT
ftr-463	589	1	95	95	NUM
ftr-463	589	2	.	.	X
ftr-463	589	3	1975	1975	NUM
ftr-463	589	4	-	-	SYM
ftr-463	589	5	2	2	NUM
ftr-463	589	6	c.b	c.b	PROPN
ftr-463	589	7	.	.	PROPN
ftr-463	589	8	129	129	NUM
ftr-463	589	9	.	.	PUNCT
ftr-463	590	1	96	96	NUM
ftr-463	590	2	.	.	PUNCT
ftr-463	591	1	see	see	VERB
ftr-463	591	2	,	,	PUNCT
ftr-463	591	3	e.g.	e.g.	ADV
ftr-463	591	4	,	,	PUNCT
ftr-463	591	5	romy	romy	PROPN
ftr-463	591	6	hammes	hammes	PROPN
ftr-463	591	7	,	,	PUNCT
ftr-463	591	8	inc	inc	PROPN
ftr-463	591	9	.	.	PROPN
ftr-463	592	1	v.	v.	PROPN
ftr-463	592	2	commissioner	commissioner	NOUN
ftr-463	592	3	.	.	PUNCT
ftr-463	593	1	68	68	NUM
ftr-463	593	2	t.c	t.c	PROPN
ftr-463	593	3	.	.	PROPN
ftr-463	593	4	900	900	NUM
ftr-463	593	5	(	(	PUNCT
ftr-463	593	6	1977	1977	NUM
ftr-463	593	7	):	):	PUNCT
ftr-463	593	8	berger	berger	PROPN
ftr-463	593	9	machine	machine	NOUN
ftr-463	593	10	products	products	PROPN
ftr-463	593	11	,	,	PUNCT
ftr-463	593	12	inc	inc	PROPN
ftr-463	593	13	.	.	PROPN
ftr-463	594	1	v.	v.	PROPN
ftr-463	594	2	commissioner	commissioner	PROPN
ftr-463	594	3	,	,	PUNCT
ftr-463	594	4	68	68	NUM
ftr-463	594	5	t.c	t.c	PROPN
ftr-463	594	6	.	.	PROPN
ftr-463	595	1	358	358	NUM
ftr-463	595	2	(	(	PUNCT
ftr-463	595	3	1977	1977	NUM
ftr-463	595	4	)	)	PUNCT
ftr-463	595	5	;	;	PUNCT
ftr-463	595	6	rev	rev	PROPN
ftr-463	595	7	.	.	PROPN
ftr-463	595	8	rul	rul	NOUN
ftr-463	595	9	.	.	PUNCT
ftr-463	596	1	78	78	NUM
ftr-463	596	2	-	-	SYM
ftr-463	596	3	441	441	NUM
ftr-463	596	4	.	.	PUNCT
ftr-463	597	1	1978	1978	NUM
ftr-463	597	2	-	-	SYM
ftr-463	597	3	2	2	NUM
ftr-463	597	4	c.b	c.b	PROPN
ftr-463	597	5	.	.	PROPN
ftr-463	597	6	152	152	NUM
ftr-463	597	7	(	(	PUNCT
ftr-463	597	8	permitting	permit	VERB
ftr-463	597	9	an	an	DET
ftr-463	597	10	f	f	NOUN
ftr-463	597	11	reorganization	reorganization	NOUN
ftr-463	597	12	with	with	ADP
ftr-463	597	13	a	a	DET
ftr-463	597	14	less	less	ADJ
ftr-463	597	15	than	than	ADP
ftr-463	597	16	1	1	NUM
ftr-463	597	17	%	%	NOUN
ftr-463	597	18	ownership	ownership	NOUN
ftr-463	597	19	shift	shift	NOUN
ftr-463	597	20	)	)	PUNCT
ftr-463	597	21	.	.	PUNCT
ftr-463	598	1	97	97	NUM
ftr-463	598	2	.	.	PUNCT
ftr-463	599	1	see	see	VERB
ftr-463	599	2	tax	tax	NOUN
ftr-463	599	3	equity	equity	NOUN
ftr-463	599	4	and	and	CCONJ
ftr-463	599	5	fiscal	fiscal	ADJ
ftr-463	599	6	responsibility	responsibility	NOUN
ftr-463	599	7	act	act	NOUN
ftr-463	599	8	of	of	ADP
ftr-463	599	9	1982	1982	NUM
ftr-463	599	10	,	,	PUNCT
ftr-463	599	11	pub	pub	NOUN
ftr-463	599	12	.	.	PUNCT
ftr-463	600	1	l.	l.	PROPN
ftr-463	600	2	no	no	INTJ
ftr-463	600	3	.	.	PROPN
ftr-463	601	1	97	97	NUM
ftr-463	601	2	-	-	SYM
ftr-463	601	3	248	248	NUM
ftr-463	601	4	.	.	PUNCT
ftr-463	602	1	§	§	PROPN
ftr-463	602	2	225(a	225(a	PROPN
ftr-463	602	3	)	)	PUNCT
ftr-463	602	4	,	,	PUNCT
ftr-463	602	5	96	96	NUM
ftr-463	602	6	stat	stat	NOUN
ftr-463	602	7	.	.	PUNCT
ftr-463	603	1	324	324	NUM
ftr-463	603	2	,	,	PUNCT
ftr-463	603	3	490	490	NUM
ftr-463	603	4	.	.	PUNCT
ftr-463	604	1	with	with	ADP
ftr-463	604	2	this	this	DET
ftr-463	604	3	change	change	NOUN
ftr-463	604	4	,	,	PUNCT
ftr-463	604	5	one	one	PRON
ftr-463	604	6	might	might	AUX
ftr-463	604	7	hope	hope	VERB
ftr-463	604	8	that	that	SCONJ
ftr-463	604	9	f	f	PROPN
ftr-463	604	10	reorganizations	reorganization	NOUN
ftr-463	604	11	,	,	PUNCT
ftr-463	604	12	like	like	ADP
ftr-463	604	13	e	e	NOUN
ftr-463	604	14	recapitalizations	recapitalization	NOUN
ftr-463	604	15	,	,	PUNCT
ftr-463	604	16	might	might	AUX
ftr-463	604	17	entirely	entirely	ADV
ftr-463	604	18	escape	escape	VERB
ftr-463	604	19	a	a	DET
ftr-463	604	20	continuity	continuity	NOUN
ftr-463	604	21	requirement	requirement	NOUN
ftr-463	604	22	.	.	PUNCT
ftr-463	605	1	see	see	VERB
ftr-463	605	2	rev	rev	PROPN
ftr-463	605	3	.	.	PUNCT
ftr-463	605	4	rul	rul	NOUN
ftr-463	605	5	.	.	PUNCT
ftr-463	606	1	77415	77415	NUM
ftr-463	606	2	,	,	PUNCT
ftr-463	606	3	1977	1977	NUM
ftr-463	606	4	-	-	SYM
ftr-463	606	5	2	2	NUM
ftr-463	606	6	c.b	c.b	PROPN
ftr-463	606	7	.	.	PROPN
ftr-463	606	8	311	311	NUM
ftr-463	606	9	(	(	PUNCT
ftr-463	606	10	no	no	DET
ftr-463	606	11	continuity	continuity	NOUN
ftr-463	606	12	requirement	requirement	NOUN
ftr-463	606	13	for	for	ADP
ftr-463	606	14	recapitalizations	recapitalization	NOUN
ftr-463	606	15	,	,	PUNCT
ftr-463	606	16	which	which	PRON
ftr-463	606	17	involve	involve	VERB
ftr-463	606	18	only	only	ADV
ftr-463	606	19	one	one	NUM
ftr-463	606	20	corporation	corporation	NOUN
ftr-463	606	21	)	)	PUNCT
ftr-463	606	22	.	.	PUNCT
ftr-463	607	1	the	the	DET
ftr-463	607	2	service	service	NOUN
ftr-463	607	3	seems	seem	VERB
ftr-463	607	4	to	to	PART
ftr-463	607	5	be	be	AUX
ftr-463	607	6	moving	move	VERB
ftr-463	607	7	slowly	slowly	ADV
ftr-463	607	8	towards	towards	ADP
ftr-463	607	9	that	that	DET
ftr-463	607	10	conclusion	conclusion	NOUN
ftr-463	607	11	.	.	PUNCT
ftr-463	608	1	see	see	AUX
ftr-463	608	2	rev	rev	PROPN
ftr-463	608	3	.	.	PUNCT
ftr-463	608	4	rul	rul	NOUN
ftr-463	608	5	.	.	PUNCT
ftr-463	609	1	96	96	NUM
ftr-463	609	2	-	-	SYM
ftr-463	609	3	29	29	NUM
ftr-463	609	4	.	.	PUNCT
ftr-463	610	1	1996	1996	NUM
ftr-463	610	2	-	-	SYM
ftr-463	610	3	24	24	NUM
ftr-463	610	4	i.r.b	i.r.b	NOUN
ftr-463	610	5	.	.	PROPN
ftr-463	610	6	5	5	NUM
ftr-463	610	7	(	(	PUNCT
ftr-463	610	8	stating	state	VERB
ftr-463	610	9	that	that	SCONJ
ftr-463	610	10	the	the	DET
ftr-463	610	11	step	step	NOUN
ftr-463	610	12	transaction	transaction	NOUN
ftr-463	610	13	doctrine	doctrine	NOUN
ftr-463	610	14	is	be	AUX
ftr-463	610	15	not	not	PART
ftr-463	610	16	applied	apply	VERB
ftr-463	610	17	to	to	PART
ftr-463	610	18	disqualify	disqualify	VERB
ftr-463	610	19	an	an	DET
ftr-463	610	20	f	f	NOUN
ftr-463	610	21	reorganization	reorganization	NOUN
ftr-463	610	22	that	that	PRON
ftr-463	610	23	is	be	AUX
ftr-463	610	24	part	part	NOUN
ftr-463	610	25	of	of	ADP
ftr-463	610	26	a	a	DET
ftr-463	610	27	series	series	NOUN
ftr-463	610	28	of	of	ADP
ftr-463	610	29	transactions	transaction	NOUN
ftr-463	610	30	that	that	PRON
ftr-463	610	31	ultimately	ultimately	ADV
ftr-463	610	32	results	result	VERB
ftr-463	610	33	in	in	ADP
ftr-463	610	34	a	a	DET
ftr-463	610	35	change	change	NOUN
ftr-463	610	36	in	in	ADP
ftr-463	610	37	shareholder	shareholder	NOUN
ftr-463	610	38	ownership	ownership	NOUN
ftr-463	610	39	)	)	PUNCT
ftr-463	610	40	.	.	PUNCT
ftr-463	611	1	however	however	ADV
ftr-463	611	2	,	,	PUNCT
ftr-463	611	3	at	at	ADV
ftr-463	611	4	least	least	ADV
ftr-463	611	5	two	two	NUM
ftr-463	611	6	factors	factor	NOUN
ftr-463	611	7	suggest	suggest	VERB
ftr-463	611	8	that	that	SCONJ
ftr-463	611	9	the	the	DET
ftr-463	611	10	service	service	NOUN
ftr-463	611	11	is	be	AUX
ftr-463	611	12	unlikely	unlikely	ADJ
ftr-463	611	13	to	to	PART
ftr-463	611	14	entirely	entirely	ADV
ftr-463	611	15	relinquish	relinquish	VERB
ftr-463	611	16	its	its	PRON
ftr-463	611	17	f	f	PROPN
ftr-463	611	18	reorganization	reorganization	NOUN
ftr-463	611	19	continuity	continuity	NOUN
ftr-463	611	20	requirement	requirement	NOUN
ftr-463	611	21	.	.	PUNCT
ftr-463	612	1	notwithstanding	notwithstanding	ADP
ftr-463	612	2	the	the	DET
ftr-463	612	3	unambiguous	unambiguous	ADJ
ftr-463	612	4	statutory	statutory	ADJ
ftr-463	612	5	language	language	NOUN
ftr-463	612	6	,	,	PUNCT
ftr-463	612	7	the	the	DET
ftr-463	612	8	legislative	legislative	ADJ
ftr-463	612	9	history	history	NOUN
ftr-463	612	10	indicates	indicate	VERB
ftr-463	612	11	that	that	SCONJ
ftr-463	612	12	congress	congress	PROPN
ftr-463	612	13	intended	intend	VERB
ftr-463	612	14	to	to	PART
ftr-463	612	15	prohibit	prohibit	VERB
ftr-463	612	16	only	only	ADV
ftr-463	612	17	f	f	PROPN
ftr-463	612	18	reorganizations	reorganization	NOUN
ftr-463	612	19	involving	involve	VERB
ftr-463	612	20	multiple	multiple	ADJ
ftr-463	612	21	operating	operate	VERB
ftr-463	612	22	companies	company	NOUN
ftr-463	612	23	,	,	PUNCT
ftr-463	612	24	leaving	leave	VERB
ftr-463	612	25	the	the	DET
ftr-463	612	26	door	door	NOUN
ftr-463	612	27	ajar	ajar	NOUN
ftr-463	612	28	for	for	ADP
ftr-463	612	29	multicorporate	multicorporate	ADJ
ftr-463	612	30	f	f	PROPN
ftr-463	612	31	reorganizations	reorganization	NOUN
ftr-463	612	32	.	.	PUNCT
ftr-463	613	1	h.r	h.r	PROPN
ftr-463	613	2	.	.	PROPN
ftr-463	613	3	rep	rep	PROPN
ftr-463	613	4	.	.	PROPN
ftr-463	614	1	no	no	INTJ
ftr-463	614	2	.	.	PUNCT
ftr-463	615	1	760	760	NUM
ftr-463	615	2	,	,	PUNCT
ftr-463	615	3	97th	97th	ADJ
ftr-463	615	4	cong	cong	NOUN
ftr-463	615	5	..	..	PUNCT
ftr-463	615	6	2d	2d	NUM
ftr-463	615	7	sess	sess	NOUN
ftr-463	615	8	.	.	PUNCT
ftr-463	616	1	541	541	NUM
ftr-463	616	2	(	(	PUNCT
ftr-463	616	3	1982	1982	NUM
ftr-463	616	4	)	)	PUNCT
ftr-463	616	5	.	.	PUNCT
ftr-463	617	1	reprinted	reprint	VERB
ftr-463	617	2	in	in	ADP
ftr-463	617	3	1982	1982	NUM
ftr-463	617	4	u.s.c.c.a.n	u.s.c.c.a.n	PROPN
ftr-463	617	5	.	.	PUNCT
ftr-463	618	1	781	781	NUM
ftr-463	618	2	,	,	PUNCT
ftr-463	618	3	1315	1315	NUM
ftr-463	618	4	(	(	PUNCT
ftr-463	618	5	stating	state	VERB
ftr-463	618	6	that	that	SCONJ
ftr-463	618	7	the	the	DET
ftr-463	618	8	new	new	ADJ
ftr-463	618	9	limitation	limitation	NOUN
ftr-463	618	10	"	"	PUNCT
ftr-463	618	11	does	do	AUX
ftr-463	618	12	not	not	PART
ftr-463	618	13	preclude	preclude	VERB
ftr-463	618	14	the	the	DET
ftr-463	618	15	use	use	NOUN
ftr-463	618	16	of	of	ADP
ftr-463	618	17	more	more	ADJ
ftr-463	618	18	than	than	ADP
ftr-463	618	19	one	one	NUM
ftr-463	618	20	entity	entity	NOUN
ftr-463	618	21	to	to	PART
ftr-463	618	22	consummate	consummate	VERB
ftr-463	618	23	the	the	DET
ftr-463	618	24	transaction	transaction	NOUN
ftr-463	618	25	provided	provide	VERB
ftr-463	618	26	only	only	ADV
ftr-463	618	27	one	one	NUM
ftr-463	618	28	operating	operate	VERB
ftr-463	618	29	company	company	NOUN
ftr-463	618	30	is	be	AUX
ftr-463	618	31	involved	involve	VERB
ftr-463	618	32	"	"	PUNCT
ftr-463	618	33	)	)	PUNCT
ftr-463	618	34	.	.	PUNCT
ftr-463	619	1	moreover	moreover	ADV
ftr-463	619	2	,	,	PUNCT
ftr-463	619	3	treating	treat	VERB
ftr-463	619	4	all	all	DET
ftr-463	619	5	mergers	merger	NOUN
ftr-463	619	6	into	into	ADP
ftr-463	619	7	shell	shell	ADJ
ftr-463	619	8	companies	company	NOUN
ftr-463	619	9	as	as	SCONJ
ftr-463	619	10	f	f	PROPN
ftr-463	619	11	reorganizations	reorganization	NOUN
ftr-463	619	12	might	might	AUX
ftr-463	619	13	florida	florida	PROPN
ftr-463	619	14	tax	tax	NOUN
ftr-463	619	15	review	review	NOUN
ftr-463	619	16	although	although	SCONJ
ftr-463	619	17	this	this	DET
ftr-463	619	18	f	f	PROPN
ftr-463	619	19	reorganization	reorganization	NOUN
ftr-463	619	20	continuity	continuity	NOUN
ftr-463	619	21	requirement	requirement	NOUN
ftr-463	619	22	is	be	AUX
ftr-463	619	23	lumped	lump	VERB
ftr-463	619	24	together	together	ADV
ftr-463	619	25	with	with	ADP
ftr-463	619	26	the	the	DET
ftr-463	619	27	requirement	requirement	NOUN
ftr-463	619	28	of	of	ADP
ftr-463	619	29	a	a	DET
ftr-463	619	30	,	,	PUNCT
ftr-463	619	31	b	b	NOUN
ftr-463	619	32	,	,	PUNCT
ftr-463	619	33	and	and	CCONJ
ftr-463	619	34	c	c	NOUN
ftr-463	619	35	reorganizations	reorganization	NOUN
ftr-463	619	36	,	,	PUNCT
ftr-463	619	37	it	it	PRON
ftr-463	619	38	does	do	AUX
ftr-463	619	39	not	not	PART
ftr-463	619	40	share	share	VERB
ftr-463	619	41	their	their	PRON
ftr-463	619	42	common	common	ADJ
ftr-463	619	43	ancestry	ancestry	NOUN
ftr-463	619	44	in	in	ADP
ftr-463	619	45	cortland	cortland	PROPN
ftr-463	619	46	and	and	CCONJ
ftr-463	619	47	pinellas	pinellas	PROPN
ftr-463	619	48	;	;	PUNCT
ftr-463	619	49	instead	instead	ADV
ftr-463	619	50	,	,	PUNCT
ftr-463	619	51	it	it	PRON
ftr-463	619	52	should	should	AUX
ftr-463	619	53	be	be	AUX
ftr-463	619	54	regarded	regard	VERB
ftr-463	619	55	as	as	ADP
ftr-463	619	56	an	an	DET
ftr-463	619	57	interpretation	interpretation	NOUN
ftr-463	619	58	of	of	ADP
ftr-463	619	59	the	the	DET
ftr-463	619	60	statutory	statutory	ADJ
ftr-463	619	61	language	language	NOUN
ftr-463	619	62	that	that	PRON
ftr-463	619	63	limits	limit	VERB
ftr-463	619	64	f	f	PROPN
ftr-463	619	65	reorganizations	reorganization	NOUN
ftr-463	619	66	to	to	ADP
ftr-463	619	67	the	the	DET
ftr-463	619	68	"	"	PUNCT
ftr-463	619	69	mere	mere	ADJ
ftr-463	619	70	change	change	NOUN
ftr-463	619	71	in	in	ADP
ftr-463	619	72	identity	identity	NOUN
ftr-463	619	73	,	,	PUNCT
ftr-463	619	74	form	form	NOUN
ftr-463	619	75	,	,	PUNCT
ftr-463	619	76	or	or	CCONJ
ftr-463	619	77	place	place	NOUN
ftr-463	619	78	of	of	ADP
ftr-463	619	79	organization	organization	NOUN
ftr-463	619	80	,	,	PUNCT
ftr-463	619	81	'	'	PUNCT
ftr-463	619	82	98	98	NUM
ftr-463	619	83	which	which	PRON
ftr-463	619	84	arguably	arguably	ADV
ftr-463	619	85	does	do	AUX
ftr-463	619	86	not	not	PART
ftr-463	619	87	occur	occur	VERB
ftr-463	619	88	when	when	SCONJ
ftr-463	619	89	such	such	DET
ftr-463	619	90	a	a	DET
ftr-463	619	91	change	change	NOUN
ftr-463	619	92	is	be	AUX
ftr-463	619	93	part	part	NOUN
ftr-463	619	94	of	of	ADP
ftr-463	619	95	a	a	DET
ftr-463	619	96	bigger	big	ADJ
ftr-463	619	97	plan	plan	NOUN
ftr-463	619	98	to	to	PART
ftr-463	619	99	change	change	VERB
ftr-463	619	100	stock	stock	NOUN
ftr-463	619	101	ownership	ownership	NOUN
ftr-463	619	102	.	.	PUNCT
ftr-463	620	1	nevertheless	nevertheless	ADV
ftr-463	620	2	,	,	PUNCT
ftr-463	620	3	it	it	PRON
ftr-463	620	4	is	be	AUX
ftr-463	620	5	worth	worth	ADJ
ftr-463	620	6	noting	note	VERB
ftr-463	620	7	that	that	SCONJ
ftr-463	620	8	some	some	PRON
ftr-463	620	9	of	of	ADP
ftr-463	620	10	the	the	DET
ftr-463	620	11	most	most	ADV
ftr-463	620	12	famous	famous	ADJ
ftr-463	620	13	of	of	ADP
ftr-463	620	14	the	the	DET
ftr-463	620	15	continuity	continuity	NOUN
ftr-463	620	16	cases	case	NOUN
ftr-463	620	17	involve	involve	VERB
ftr-463	620	18	f	f	NOUN
ftr-463	620	19	-	-	PUNCT
ftr-463	620	20	reorganizations	reorganization	NOUN
ftr-463	620	21	,	,	PUNCT
ftr-463	620	22	and	and	CCONJ
ftr-463	620	23	their	their	PRON
ftr-463	620	24	holdings	holding	NOUN
ftr-463	620	25	have	have	AUX
ftr-463	620	26	been	be	AUX
ftr-463	620	27	adopted	adopt	VERB
ftr-463	620	28	as	as	ADP
ftr-463	620	29	generally	generally	ADV
ftr-463	620	30	applicable	applicable	ADJ
ftr-463	620	31	continuity	continuity	NOUN
ftr-463	620	32	lore.99	lore.99	NOUN
ftr-463	620	33	b.	b.	PROPN
ftr-463	621	1	remote	remote	ADJ
ftr-463	621	2	continuity	continuity	NOUN
ftr-463	621	3	as	as	SCONJ
ftr-463	621	4	discussed	discuss	VERB
ftr-463	621	5	above	above	ADV
ftr-463	621	6	in	in	ADP
ftr-463	621	7	part	part	NOUN
ftr-463	621	8	ii.e	ii.e	ADV
ftr-463	621	9	,	,	PUNCT
ftr-463	621	10	the	the	DET
ftr-463	621	11	supreme	supreme	PROPN
ftr-463	621	12	court	court	PROPN
ftr-463	621	13	held	hold	VERB
ftr-463	621	14	in	in	ADP
ftr-463	621	15	groman	groman	NOUN
ftr-463	621	16	and	and	CCONJ
ftr-463	621	17	bashford	bashford	NOUN
ftr-463	621	18	that	that	SCONJ
ftr-463	621	19	,	,	PUNCT
ftr-463	621	20	where	where	SCONJ
ftr-463	621	21	the	the	DET
ftr-463	621	22	consideration	consideration	NOUN
ftr-463	621	23	consists	consist	VERB
ftr-463	621	24	of	of	ADP
ftr-463	621	25	stock	stock	NOUN
ftr-463	621	26	or	or	CCONJ
ftr-463	621	27	securities	security	NOUN
ftr-463	621	28	of	of	ADP
ftr-463	621	29	two	two	NUM
ftr-463	621	30	corporations	corporation	NOUN
ftr-463	621	31	,	,	PUNCT
ftr-463	621	32	one	one	NUM
ftr-463	621	33	of	of	ADP
ftr-463	621	34	the	the	DET
ftr-463	621	35	corporations	corporation	NOUN
ftr-463	621	36	may	may	AUX
ftr-463	621	37	be	be	AUX
ftr-463	621	38	not	not	PART
ftr-463	621	39	be	be	AUX
ftr-463	621	40	a	a	DET
ftr-463	621	41	"	"	PUNCT
ftr-463	621	42	party	party	NOUN
ftr-463	621	43	to	to	ADP
ftr-463	621	44	the	the	DET
ftr-463	621	45	reorganization	reorganization	NOUN
ftr-463	621	46	,	,	PUNCT
ftr-463	621	47	"	"	PUNCT
ftr-463	621	48	with	with	ADP
ftr-463	621	49	the	the	DET
ftr-463	621	50	result	result	NOUN
ftr-463	621	51	that	that	SCONJ
ftr-463	621	52	its	its	PRON
ftr-463	621	53	consideration	consideration	NOUN
ftr-463	621	54	is	be	AUX
ftr-463	621	55	boot	boot	NOUN
ftr-463	621	56	.	.	PUNCT
ftr-463	622	1	within	within	ADP
ftr-463	622	2	a	a	DET
ftr-463	622	3	few	few	ADJ
ftr-463	622	4	have	have	VERB
ftr-463	622	5	broader	broad	ADJ
ftr-463	622	6	consequences	consequence	NOUN
ftr-463	622	7	.	.	PUNCT
ftr-463	623	1	for	for	ADP
ftr-463	623	2	example	example	NOUN
ftr-463	623	3	,	,	PUNCT
ftr-463	623	4	the	the	DET
ftr-463	623	5	forward	forward	ADJ
ftr-463	623	6	subsidiary	subsidiary	NOUN
ftr-463	623	7	merger	merger	NOUN
ftr-463	623	8	of	of	ADP
ftr-463	623	9	a	a	DET
ftr-463	623	10	target	target	NOUN
ftr-463	623	11	company	company	NOUN
ftr-463	623	12	into	into	ADP
ftr-463	623	13	a	a	DET
ftr-463	623	14	newly	newly	ADV
ftr-463	623	15	-	-	PUNCT
ftr-463	623	16	formed	form	VERB
ftr-463	623	17	subsidiary	subsidiary	NOUN
ftr-463	623	18	of	of	ADP
ftr-463	623	19	a	a	DET
ftr-463	623	20	corporate	corporate	ADJ
ftr-463	623	21	parent	parent	NOUN
ftr-463	623	22	would	would	AUX
ftr-463	623	23	be	be	AUX
ftr-463	623	24	an	an	DET
ftr-463	623	25	f	f	NOUN
ftr-463	623	26	reorganization	reorganization	NOUN
ftr-463	623	27	and	and	CCONJ
ftr-463	623	28	a	a	DET
ftr-463	623	29	sale	sale	NOUN
ftr-463	623	30	of	of	ADP
ftr-463	623	31	stock	stock	NOUN
ftr-463	623	32	if	if	SCONJ
ftr-463	623	33	the	the	DET
ftr-463	623	34	merger	merger	NOUN
ftr-463	623	35	failed	fail	VERB
ftr-463	623	36	to	to	PART
ftr-463	623	37	qualify	qualify	VERB
ftr-463	623	38	under	under	ADP
ftr-463	623	39	§	§	PROPN
ftr-463	623	40	368(a)(2)(d	368(a)(2)(d	PROPN
ftr-463	623	41	)	)	PUNCT
ftr-463	623	42	(	(	PUNCT
ftr-463	623	43	or	or	CCONJ
ftr-463	623	44	as	as	ADP
ftr-463	623	45	an	an	DET
ftr-463	623	46	a	a	NOUN
ftr-463	623	47	,	,	PUNCT
ftr-463	623	48	b	b	NOUN
ftr-463	623	49	,	,	PUNCT
ftr-463	623	50	or	or	CCONJ
ftr-463	623	51	c	c	NOUN
ftr-463	623	52	reorganization	reorganization	NOUN
ftr-463	623	53	)	)	PUNCT
ftr-463	623	54	,	,	PUNCT
ftr-463	623	55	rather	rather	ADV
ftr-463	623	56	than	than	ADP
ftr-463	623	57	(	(	PUNCT
ftr-463	623	58	1	1	X
ftr-463	623	59	)	)	PUNCT
ftr-463	623	60	a	a	DET
ftr-463	623	61	taxable	taxable	ADJ
ftr-463	623	62	sale	sale	NOUN
ftr-463	623	63	of	of	ADP
ftr-463	623	64	the	the	DET
ftr-463	623	65	target	target	NOUN
ftr-463	623	66	's	's	PART
ftr-463	623	67	assets	asset	NOUN
ftr-463	623	68	,	,	PUNCT
ftr-463	623	69	(	(	PUNCT
ftr-463	623	70	2	2	X
ftr-463	623	71	)	)	PUNCT
ftr-463	623	72	a	a	DET
ftr-463	623	73	contribution	contribution	NOUN
ftr-463	623	74	by	by	ADP
ftr-463	623	75	parent	parent	NOUN
ftr-463	623	76	of	of	ADP
ftr-463	623	77	target	target	NOUN
ftr-463	623	78	's	's	PART
ftr-463	623	79	assets	asset	NOUN
ftr-463	623	80	to	to	ADP
ftr-463	623	81	the	the	DET
ftr-463	623	82	newly	newly	ADV
ftr-463	623	83	-	-	PUNCT
ftr-463	623	84	formed	form	VERB
ftr-463	623	85	subsidiary	subsidiary	NOUN
ftr-463	623	86	,	,	PUNCT
ftr-463	623	87	and	and	CCONJ
ftr-463	623	88	(	(	PUNCT
ftr-463	623	89	3	3	X
ftr-463	623	90	)	)	PUNCT
ftr-463	623	91	a	a	DET
ftr-463	623	92	liquidating	liquidate	VERB
ftr-463	623	93	distribution	distribution	NOUN
ftr-463	623	94	by	by	ADP
ftr-463	623	95	the	the	DET
ftr-463	623	96	target	target	NOUN
ftr-463	623	97	of	of	ADP
ftr-463	623	98	the	the	DET
ftr-463	623	99	consideration	consideration	NOUN
ftr-463	623	100	.	.	PUNCT
ftr-463	624	1	cf	cf	NOUN
ftr-463	624	2	.	.	PUNCT
ftr-463	625	1	revenue	revenue	NOUN
ftr-463	625	2	ruling	rule	VERB
ftr-463	625	3	69	69	NUM
ftr-463	625	4	-	-	SYM
ftr-463	625	5	6	6	NUM
ftr-463	625	6	,	,	PUNCT
ftr-463	625	7	1969	1969	NUM
ftr-463	625	8	-	-	SYM
ftr-463	625	9	1	1	NUM
ftr-463	625	10	c.b	c.b	PROPN
ftr-463	625	11	.	.	PROPN
ftr-463	625	12	104	104	NUM
ftr-463	625	13	(	(	PUNCT
ftr-463	625	14	a	a	DET
ftr-463	625	15	merger	merger	NOUN
ftr-463	625	16	not	not	PART
ftr-463	625	17	qualifying	qualify	VERB
ftr-463	625	18	as	as	ADP
ftr-463	625	19	a	a	DET
ftr-463	625	20	reorganization	reorganization	NOUN
ftr-463	625	21	is	be	AUX
ftr-463	625	22	treated	treat	VERB
ftr-463	625	23	as	as	ADP
ftr-463	625	24	the	the	DET
ftr-463	625	25	sale	sale	NOUN
ftr-463	625	26	of	of	ADP
ftr-463	625	27	target	target	NOUN
ftr-463	625	28	's	's	PART
ftr-463	625	29	assets	asset	NOUN
ftr-463	625	30	and	and	CCONJ
ftr-463	625	31	a	a	DET
ftr-463	625	32	liquidating	liquidate	VERB
ftr-463	625	33	distribution	distribution	NOUN
ftr-463	625	34	of	of	ADP
ftr-463	625	35	the	the	DET
ftr-463	625	36	consideration	consideration	NOUN
ftr-463	625	37	received	receive	VERB
ftr-463	625	38	)	)	PUNCT
ftr-463	625	39	.	.	PUNCT
ftr-463	626	1	treatment	treatment	NOUN
ftr-463	626	2	as	as	ADP
ftr-463	626	3	an	an	DET
ftr-463	626	4	f	f	NOUN
ftr-463	626	5	reorganization	reorganization	NOUN
ftr-463	626	6	and	and	CCONJ
ftr-463	626	7	a	a	DET
ftr-463	626	8	sale	sale	NOUN
ftr-463	626	9	of	of	ADP
ftr-463	626	10	stock	stock	NOUN
ftr-463	626	11	would	would	AUX
ftr-463	626	12	subject	subject	VERB
ftr-463	626	13	the	the	DET
ftr-463	626	14	transaction	transaction	NOUN
ftr-463	626	15	to	to	ADP
ftr-463	626	16	only	only	ADV
ftr-463	626	17	a	a	DET
ftr-463	626	18	shareholder	shareholder	NOUN
ftr-463	626	19	level	level	NOUN
ftr-463	626	20	of	of	ADP
ftr-463	626	21	tax	tax	NOUN
ftr-463	626	22	,	,	PUNCT
ftr-463	626	23	exempting	exempt	VERB
ftr-463	626	24	the	the	DET
ftr-463	626	25	target	target	NOUN
ftr-463	626	26	from	from	ADP
ftr-463	626	27	corporate	corporate	ADJ
ftr-463	626	28	tax	tax	NOUN
ftr-463	626	29	.	.	PUNCT
ftr-463	627	1	the	the	DET
ftr-463	627	2	tax	tax	NOUN
ftr-463	627	3	section	section	NOUN
ftr-463	627	4	of	of	ADP
ftr-463	627	5	the	the	DET
ftr-463	627	6	new	new	PROPN
ftr-463	627	7	york	york	PROPN
ftr-463	627	8	state	state	PROPN
ftr-463	627	9	bar	bar	PROPN
ftr-463	627	10	association	association	NOUN
ftr-463	627	11	has	have	AUX
ftr-463	627	12	recommended	recommend	VERB
ftr-463	627	13	(	(	PUNCT
ftr-463	627	14	as	as	ADP
ftr-463	627	15	part	part	NOUN
ftr-463	627	16	of	of	ADP
ftr-463	627	17	the	the	DET
ftr-463	627	18	yoc	yoc	PROPN
ftr-463	627	19	heating	heating	NOUN
ftr-463	627	20	report	report	NOUN
ftr-463	627	21	discussed	discuss	VERB
ftr-463	627	22	infra	infra	NOUN
ftr-463	627	23	part	part	NOUN
ftr-463	627	24	iv.b	iv.b	NOUN
ftr-463	627	25	)	)	PUNCT
ftr-463	627	26	that	that	SCONJ
ftr-463	627	27	the	the	DET
ftr-463	627	28	continuity	continuity	NOUN
ftr-463	627	29	requirement	requirement	NOUN
ftr-463	627	30	for	for	ADP
ftr-463	627	31	f	f	PROPN
ftr-463	627	32	reorganizations	reorganization	NOUN
ftr-463	627	33	be	be	AUX
ftr-463	627	34	abrogated	abrogate	VERB
ftr-463	627	35	for	for	ADP
ftr-463	627	36	the	the	DET
ftr-463	627	37	second	second	ADJ
ftr-463	627	38	step	step	NOUN
ftr-463	627	39	of	of	ADP
ftr-463	627	40	a	a	DET
ftr-463	627	41	two	two	NUM
ftr-463	627	42	-	-	PUNCT
ftr-463	627	43	part	part	NOUN
ftr-463	627	44	transaction	transaction	NOUN
ftr-463	627	45	in	in	ADP
ftr-463	627	46	which	which	PRON
ftr-463	627	47	a	a	DET
ftr-463	627	48	parent	parent	NOUN
ftr-463	627	49	company	company	NOUN
ftr-463	627	50	makes	make	VERB
ftr-463	627	51	a	a	DET
ftr-463	627	52	qualified	qualified	ADJ
ftr-463	627	53	stock	stock	NOUN
ftr-463	627	54	purchase	purchase	NOUN
ftr-463	627	55	of	of	ADP
ftr-463	627	56	target	target	NOUN
ftr-463	627	57	and	and	CCONJ
ftr-463	627	58	then	then	ADV
ftr-463	627	59	merges	merge	VERB
ftr-463	627	60	the	the	DET
ftr-463	627	61	target	target	NOUN
ftr-463	627	62	into	into	ADP
ftr-463	627	63	the	the	DET
ftr-463	627	64	parent	parent	NOUN
ftr-463	627	65	's	's	PART
ftr-463	627	66	newly	newly	ADV
ftr-463	627	67	-	-	PUNCT
ftr-463	627	68	formed	form	VERB
ftr-463	627	69	subsidiary	subsidiary	NOUN
ftr-463	627	70	.	.	PUNCT
ftr-463	628	1	(	(	PUNCT
ftr-463	628	2	it	it	PRON
ftr-463	628	3	would	would	AUX
ftr-463	628	4	probably	probably	ADV
ftr-463	628	5	exceed	exceed	VERB
ftr-463	628	6	the	the	DET
ftr-463	628	7	service	service	NOUN
ftr-463	628	8	's	's	PART
ftr-463	628	9	good	good	ADJ
ftr-463	628	10	graces	grace	NOUN
ftr-463	628	11	to	to	PART
ftr-463	628	12	allow	allow	VERB
ftr-463	628	13	target	target	NOUN
ftr-463	628	14	minority	minority	NOUN
ftr-463	628	15	shareholders	shareholder	NOUN
ftr-463	628	16	to	to	PART
ftr-463	628	17	receive	receive	VERB
ftr-463	628	18	parent	parent	NOUN
ftr-463	628	19	stock	stock	NOUN
ftr-463	628	20	in	in	ADP
ftr-463	628	21	the	the	DET
ftr-463	628	22	merger	merger	NOUN
ftr-463	628	23	.	.	PUNCT
ftr-463	628	24	)	)	PUNCT
ftr-463	629	1	this	this	DET
ftr-463	629	2	recommendation	recommendation	NOUN
ftr-463	629	3	is	be	AUX
ftr-463	629	4	the	the	DET
ftr-463	629	5	sensible	sensible	ADJ
ftr-463	629	6	result	result	NOUN
ftr-463	629	7	for	for	ADP
ftr-463	629	8	an	an	DET
ftr-463	629	9	innocuous	innocuous	ADJ
ftr-463	629	10	transaction	transaction	NOUN
ftr-463	629	11	that	that	PRON
ftr-463	629	12	is	be	AUX
ftr-463	629	13	consistent	consistent	ADJ
ftr-463	629	14	with	with	ADP
ftr-463	629	15	the	the	DET
ftr-463	629	16	original	original	ADJ
ftr-463	629	17	purpose	purpose	NOUN
ftr-463	629	18	of	of	ADP
ftr-463	629	19	the	the	DET
ftr-463	629	20	f	f	PROPN
ftr-463	629	21	reorganization	reorganization	NOUN
ftr-463	629	22	.	.	PUNCT
ftr-463	630	1	it	it	PRON
ftr-463	630	2	recognizes	recognize	VERB
ftr-463	630	3	that	that	SCONJ
ftr-463	630	4	,	,	PUNCT
ftr-463	630	5	after	after	ADP
ftr-463	630	6	the	the	DET
ftr-463	630	7	1982	1982	NUM
ftr-463	630	8	amendment	amendment	NOUN
ftr-463	630	9	,	,	PUNCT
ftr-463	630	10	the	the	DET
ftr-463	630	11	strict	strict	ADJ
ftr-463	630	12	continuity	continuity	NOUN
ftr-463	630	13	requirement	requirement	NOUN
ftr-463	630	14	of	of	ADP
ftr-463	630	15	f	f	PROPN
ftr-463	630	16	reorganizations	reorganization	NOUN
ftr-463	630	17	is	be	AUX
ftr-463	630	18	no	no	ADV
ftr-463	630	19	longer	long	ADV
ftr-463	630	20	necessary	necessary	ADJ
ftr-463	630	21	to	to	PART
ftr-463	630	22	prevent	prevent	VERB
ftr-463	630	23	taxpayers	taxpayer	NOUN
ftr-463	630	24	from	from	ADP
ftr-463	630	25	capitalizing	capitalize	VERB
ftr-463	630	26	on	on	ADP
ftr-463	630	27	the	the	DET
ftr-463	630	28	ability	ability	NOUN
ftr-463	630	29	of	of	ADP
ftr-463	630	30	the	the	DET
ftr-463	630	31	acquiror	acquiror	NOUN
ftr-463	630	32	in	in	ADP
ftr-463	630	33	an	an	DET
ftr-463	630	34	f	f	PROPN
ftr-463	630	35	reorganization	reorganization	NOUN
ftr-463	630	36	to	to	PART
ftr-463	630	37	carry	carry	VERB
ftr-463	630	38	post	post	ADJ
ftr-463	630	39	-	-	ADJ
ftr-463	630	40	acquisition	acquisition	ADJ
ftr-463	630	41	net	net	ADJ
ftr-463	630	42	operating	operating	NOUN
ftr-463	630	43	losses	loss	NOUN
ftr-463	630	44	to	to	ADP
ftr-463	630	45	preacquisition	preacquisition	NOUN
ftr-463	630	46	years	year	NOUN
ftr-463	630	47	,	,	PUNCT
ftr-463	630	48	and	and	CCONJ
ftr-463	630	49	it	it	PRON
ftr-463	630	50	also	also	ADV
ftr-463	630	51	highlights	highlight	VERB
ftr-463	630	52	that	that	SCONJ
ftr-463	630	53	the	the	DET
ftr-463	630	54	historical	historical	ADJ
ftr-463	630	55	continuity	continuity	NOUN
ftr-463	630	56	requirement	requirement	NOUN
ftr-463	630	57	of	of	ADP
ftr-463	630	58	cortland	cortland	PROPN
ftr-463	630	59	and	and	CCONJ
ftr-463	630	60	pinellas	pinellas	PROPN
ftr-463	630	61	has	have	VERB
ftr-463	630	62	no	no	DET
ftr-463	630	63	application	application	NOUN
ftr-463	630	64	to	to	ADP
ftr-463	630	65	f	f	PROPN
ftr-463	630	66	reorganizations	reorganization	NOUN
ftr-463	630	67	,	,	PUNCT
ftr-463	630	68	which	which	PRON
ftr-463	630	69	are	be	AUX
ftr-463	630	70	governed	govern	VERB
ftr-463	630	71	by	by	ADP
ftr-463	630	72	rules	rule	NOUN
ftr-463	630	73	specific	specific	ADJ
ftr-463	630	74	to	to	ADP
ftr-463	630	75	the	the	DET
ftr-463	630	76	purpose	purpose	NOUN
ftr-463	630	77	behind	behind	ADP
ftr-463	630	78	§	§	PROPN
ftr-463	630	79	368(a)(l)(f	368(a)(l)(f	NUM
ftr-463	630	80	)	)	PUNCT
ftr-463	630	81	.	.	PUNCT
ftr-463	631	1	98	98	NUM
ftr-463	631	2	.	.	PUNCT
ftr-463	631	3	irc	irc	PROPN
ftr-463	631	4	§	§	PROPN
ftr-463	631	5	368(a)(1)(f	368(a)(1)(f	NUM
ftr-463	631	6	)	)	PUNCT
ftr-463	631	7	.	.	PUNCT
ftr-463	632	1	99	99	NUM
ftr-463	632	2	.	.	PUNCT
ftr-463	633	1	see	see	VERB
ftr-463	633	2	,	,	PUNCT
ftr-463	633	3	e.g.	e.g.	ADV
ftr-463	633	4	,	,	PUNCT
ftr-463	633	5	yoc	yoc	PROPN
ftr-463	633	6	heating	heating	PROPN
ftr-463	633	7	corp	corp	PROPN
ftr-463	633	8	.	.	PROPN
ftr-463	634	1	v.	v.	PROPN
ftr-463	634	2	commissioner	commissioner	PROPN
ftr-463	634	3	,	,	PUNCT
ftr-463	634	4	61	61	NUM
ftr-463	634	5	t.c	t.c	PROPN
ftr-463	634	6	.	.	PROPN
ftr-463	634	7	168	168	NUM
ftr-463	634	8	(	(	PUNCT
ftr-463	634	9	1973	1973	NUM
ftr-463	634	10	)	)	PUNCT
ftr-463	634	11	.	.	PUNCT
ftr-463	635	1	the	the	DET
ftr-463	635	2	yoc	yoc	PROPN
ftr-463	635	3	heating	heating	NOUN
ftr-463	635	4	court	court	NOUN
ftr-463	635	5	was	be	AUX
ftr-463	635	6	careful	careful	ADJ
ftr-463	635	7	to	to	PART
ftr-463	635	8	cite	cite	VERB
ftr-463	635	9	only	only	ADV
ftr-463	635	10	f	f	NOUN
ftr-463	635	11	reorganization	reorganization	NOUN
ftr-463	635	12	cases	case	NOUN
ftr-463	635	13	as	as	ADP
ftr-463	635	14	authority	authority	NOUN
ftr-463	635	15	for	for	ADP
ftr-463	635	16	its	its	PRON
ftr-463	635	17	continuity	continuity	NOUN
ftr-463	635	18	holding	holding	NOUN
ftr-463	635	19	,	,	PUNCT
ftr-463	635	20	thus	thus	ADV
ftr-463	635	21	retaining	retain	VERB
ftr-463	635	22	(	(	PUNCT
ftr-463	635	23	if	if	SCONJ
ftr-463	635	24	only	only	ADV
ftr-463	635	25	theoretically	theoretically	ADV
ftr-463	635	26	)	)	PUNCT
ftr-463	635	27	the	the	DET
ftr-463	635	28	distinction	distinction	NOUN
ftr-463	635	29	between	between	ADP
ftr-463	635	30	f	f	PROPN
ftr-463	635	31	reorganizations	reorganization	NOUN
ftr-463	635	32	'	'	PART
ftr-463	635	33	special	special	ADJ
ftr-463	635	34	continuity	continuity	NOUN
ftr-463	635	35	requirement	requirement	NOUN
ftr-463	635	36	and	and	CCONJ
ftr-463	635	37	the	the	DET
ftr-463	635	38	more	more	ADV
ftr-463	635	39	generally	generally	ADV
ftr-463	635	40	applicable	applicable	ADJ
ftr-463	635	41	judicial	judicial	ADJ
ftr-463	635	42	continuity	continuity	NOUN
ftr-463	635	43	of	of	ADP
ftr-463	635	44	interest	interest	NOUN
ftr-463	635	45	doctrine	doctrine	NOUN
ftr-463	635	46	.	.	PUNCT
ftr-463	636	1	see	see	VERB
ftr-463	636	2	i	i	PRON
ftr-463	636	3	d.	d.	PROPN
ftr-463	636	4	at	at	ADP
ftr-463	636	5	178	178	NUM
ftr-463	636	6	(	(	PUNCT
ftr-463	636	7	citing	cite	VERB
ftr-463	636	8	helvering	helvere	VERB
ftr-463	636	9	v.	v.	PROPN
ftr-463	636	10	southwest	southwest	PROPN
ftr-463	636	11	corp	corp	PROPN
ftr-463	636	12	.	.	PROPN
ftr-463	636	13	,	,	PUNCT
ftr-463	636	14	315	315	NUM
ftr-463	636	15	u.s	u.s	PROPN
ftr-463	636	16	.	.	PROPN
ftr-463	636	17	194	194	NUM
ftr-463	636	18	(	(	PUNCT
ftr-463	636	19	1942	1942	NUM
ftr-463	636	20	)	)	PUNCT
ftr-463	636	21	and	and	CCONJ
ftr-463	636	22	berghash	berghash	NOUN
ftr-463	636	23	v.	v.	PROPN
ftr-463	636	24	commissioner	commissioner	NOUN
ftr-463	636	25	,	,	PUNCT
ftr-463	636	26	43	43	NUM
ftr-463	636	27	t.c	t.c	PROPN
ftr-463	636	28	.	.	PROPN
ftr-463	636	29	743	743	NUM
ftr-463	636	30	(	(	PUNCT
ftr-463	636	31	1965	1965	NUM
ftr-463	636	32	)	)	PUNCT
ftr-463	636	33	,	,	PUNCT
ftr-463	636	34	aff'd	aff'd	NOUN
ftr-463	636	35	,	,	PUNCT
ftr-463	636	36	361	361	NUM
ftr-463	636	37	f.2d	f.2d	ADP
ftr-463	636	38	257	257	NUM
ftr-463	636	39	(	(	PUNCT
ftr-463	636	40	2d	2d	NUM
ftr-463	636	41	cir	cir	NOUN
ftr-463	636	42	.	.	PROPN
ftr-463	636	43	1966	1966	NUM
ftr-463	636	44	)	)	PUNCT
ftr-463	636	45	)	)	PUNCT
ftr-463	636	46	.	.	PUNCT
ftr-463	637	1	[	[	X
ftr-463	637	2	vol	vol	NOUN
ftr-463	637	3	3:5	3:5	NUM
ftr-463	637	4	1996	1996	NUM
ftr-463	637	5	]	]	PUNCT
ftr-463	637	6	devolution	devolution	NOUN
ftr-463	637	7	&	&	CCONJ
ftr-463	637	8	inevitable	inevitable	ADJ
ftr-463	637	9	ertinction	ertinction	NOUN
ftr-463	637	10	of	of	ADP
ftr-463	637	11	mhe	mhe	PROPN
ftr-463	637	12	continuity	continuity	NOUN
ftr-463	637	13	of	of	ADP
ftr-463	637	14	linterest	linter	ADJ
ftr-463	637	15	doctrine	doctrine	NOUN
ftr-463	637	16	215	215	NUM
ftr-463	637	17	years	year	NOUN
ftr-463	637	18	,	,	PUNCT
ftr-463	637	19	those	those	DET
ftr-463	637	20	decisions	decision	NOUN
ftr-463	637	21	were	be	AUX
ftr-463	637	22	expanded	expand	VERB
ftr-463	637	23	beyond	beyond	ADP
ftr-463	637	24	situations	situation	NOUN
ftr-463	637	25	where	where	SCONJ
ftr-463	637	26	the	the	DET
ftr-463	637	27	target	target	NOUN
ftr-463	637	28	received	receive	VERB
ftr-463	637	29	consideration	consideration	NOUN
ftr-463	637	30	from	from	ADP
ftr-463	637	31	two	two	NUM
ftr-463	637	32	corporations	corporation	NOUN
ftr-463	637	33	.	.	PUNCT
ftr-463	638	1	for	for	ADP
ftr-463	638	2	example	example	NOUN
ftr-463	638	3	,	,	PUNCT
ftr-463	638	4	in	in	ADP
ftr-463	638	5	anheuser	anheuser	NOUN
ftr-463	638	6	-	-	PUNCT
ftr-463	638	7	busch	busch	PROPN
ftr-463	638	8	,	,	PUNCT
ftr-463	638	9	inc	inc	PROPN
ftr-463	638	10	.	.	PROPN
ftr-463	639	1	v.	v.	ADP
ftr-463	639	2	helvering,"5	helvering,"5	PROPN
ftr-463	639	3	'	'	PUNCT
ftr-463	639	4	the	the	DET
ftr-463	639	5	target	target	NOUN
ftr-463	639	6	's	's	PART
ftr-463	639	7	shareholder	shareholder	NOUN
ftr-463	639	8	received	receive	VERB
ftr-463	639	9	only	only	ADV
ftr-463	639	10	acquiror	acquiror	NOUN
ftr-463	639	11	stock	stock	NOUN
ftr-463	639	12	,	,	PUNCT
ftr-463	639	13	but	but	CCONJ
ftr-463	639	14	the	the	DET
ftr-463	639	15	acquiror	acquiror	NOUN
ftr-463	639	16	subsequently	subsequently	ADV
ftr-463	639	17	transferred	transfer	VERB
ftr-463	639	18	the	the	DET
ftr-463	639	19	target	target	NOUN
ftr-463	639	20	's	's	PART
ftr-463	639	21	assets	asset	NOUN
ftr-463	639	22	to	to	ADP
ftr-463	639	23	a	a	DET
ftr-463	639	24	subsidiary	subsidiary	NOUN
ftr-463	639	25	.	.	PUNCT
ftr-463	640	1	the	the	DET
ftr-463	640	2	court	court	NOUN
ftr-463	640	3	held	hold	VERB
ftr-463	640	4	that	that	SCONJ
ftr-463	640	5	the	the	DET
ftr-463	640	6	parent	parent	NOUN
ftr-463	640	7	stock	stock	NOUN
ftr-463	640	8	was	be	AUX
ftr-463	640	9	"	"	PUNCT
ftr-463	640	10	other	other	ADJ
ftr-463	640	11	property	property	NOUN
ftr-463	640	12	"	"	PUNCT
ftr-463	640	13	received	receive	VERB
ftr-463	640	14	in	in	ADP
ftr-463	640	15	a	a	DET
ftr-463	640	16	reorganization	reorganization	NOUN
ftr-463	640	17	.	.	PUNCT
ftr-463	641	1	this	this	DET
ftr-463	641	2	holding	holding	NOUN
ftr-463	641	3	was	be	AUX
ftr-463	641	4	not	not	PART
ftr-463	641	5	a	a	DET
ftr-463	641	6	necessary	necessary	ADJ
ftr-463	641	7	consequence	consequence	NOUN
ftr-463	641	8	of	of	ADP
ftr-463	641	9	groman	groman	NOUN
ftr-463	641	10	and	and	CCONJ
ftr-463	641	11	bashford	bashford	NOUN
ftr-463	641	12	.	.	PUNCT
ftr-463	642	1	the	the	DET
ftr-463	642	2	anheuser	anheuser	PROPN
ftr-463	642	3	-	-	PUNCT
ftr-463	642	4	busch	busch	PROPN
ftr-463	642	5	court	court	NOUN
ftr-463	642	6	could	could	AUX
ftr-463	642	7	certainly	certainly	ADV
ftr-463	642	8	have	have	AUX
ftr-463	642	9	concluded	conclude	VERB
ftr-463	642	10	that	that	SCONJ
ftr-463	642	11	where	where	SCONJ
ftr-463	642	12	the	the	DET
ftr-463	642	13	consideration	consideration	NOUN
ftr-463	642	14	consists	consist	VERB
ftr-463	642	15	of	of	ADP
ftr-463	642	16	stock	stock	NOUN
ftr-463	642	17	or	or	CCONJ
ftr-463	642	18	securities	security	NOUN
ftr-463	642	19	of	of	ADP
ftr-463	642	20	one	one	NUM
ftr-463	642	21	corporation	corporation	NOUN
ftr-463	642	22	,	,	PUNCT
ftr-463	642	23	that	that	DET
ftr-463	642	24	party	party	NOUN
ftr-463	642	25	is	be	AUX
ftr-463	642	26	the	the	DET
ftr-463	642	27	true	true	ADJ
ftr-463	642	28	acquiror	acquiror	NOUN
ftr-463	642	29	,	,	PUNCT
ftr-463	642	30	and	and	CCONJ
ftr-463	642	31	any	any	DET
ftr-463	642	32	subsequent	subsequent	ADJ
ftr-463	642	33	transfer	transfer	NOUN
ftr-463	642	34	is	be	AUX
ftr-463	642	35	independent	independent	ADJ
ftr-463	642	36	of	of	ADP
ftr-463	642	37	the	the	DET
ftr-463	642	38	reorganization	reorganization	NOUN
ftr-463	642	39	.	.	PUNCT
ftr-463	643	1	nevertheless	nevertheless	ADV
ftr-463	643	2	,	,	PUNCT
ftr-463	643	3	anheuser	anheuser	PROPN
ftr-463	643	4	-	-	PUNCT
ftr-463	643	5	busch	busch	PROPN
ftr-463	643	6	is	be	AUX
ftr-463	643	7	not	not	PART
ftr-463	643	8	inconsistent	inconsistent	ADJ
ftr-463	643	9	with	with	ADP
ftr-463	643	10	a	a	DET
ftr-463	643	11	reading	reading	NOUN
ftr-463	643	12	of	of	ADP
ftr-463	643	13	bashford	bashford	NOUN
ftr-463	643	14	that	that	PRON
ftr-463	643	15	determines	determine	VERB
ftr-463	643	16	the	the	DET
ftr-463	643	17	true	true	ADJ
ftr-463	643	18	acquiror	acquiror	NOUN
ftr-463	643	19	by	by	ADP
ftr-463	643	20	following	follow	VERB
ftr-463	643	21	target	target	NOUN
ftr-463	643	22	's	's	PART
ftr-463	643	23	assets	asset	NOUN
ftr-463	643	24	and	and	CCONJ
ftr-463	643	25	therefore	therefore	ADV
ftr-463	643	26	denies	deny	VERB
ftr-463	643	27	"	"	PUNCT
ftr-463	643	28	party	party	NOUN
ftr-463	643	29	"	"	PUNCT
ftr-463	643	30	status	status	NOUN
ftr-463	643	31	to	to	ADP
ftr-463	643	32	the	the	DET
ftr-463	643	33	parent	parent	NOUN
ftr-463	643	34	of	of	ADP
ftr-463	643	35	an	an	DET
ftr-463	643	36	ultimate	ultimate	ADJ
ftr-463	643	37	operating	operate	VERB
ftr-463	643	38	company	company	NOUN
ftr-463	643	39	.	.	PUNCT
ftr-463	644	1	and	and	CCONJ
ftr-463	644	2	,	,	PUNCT
ftr-463	644	3	anheuser	anheuser	PROPN
ftr-463	644	4	-	-	PUNCT
ftr-463	644	5	busch	busch	PROPN
ftr-463	644	6	remained	remain	VERB
ftr-463	644	7	true	true	ADJ
ftr-463	644	8	to	to	ADP
ftr-463	644	9	the	the	DET
ftr-463	644	10	basic	basic	ADJ
ftr-463	644	11	issue	issue	NOUN
ftr-463	644	12	in	in	ADP
ftr-463	644	13	groman	groman	NOUN
ftr-463	644	14	and	and	CCONJ
ftr-463	644	15	bashford	bashford	NOUN
ftr-463	644	16	:	:	PUNCT
ftr-463	644	17	was	be	AUX
ftr-463	644	18	the	the	DET
ftr-463	644	19	putative	putative	ADJ
ftr-463	644	20	acquiror	acquiror	NOUN
ftr-463	644	21	a	a	DET
ftr-463	644	22	party	party	NOUN
ftr-463	644	23	to	to	ADP
ftr-463	644	24	the	the	DET
ftr-463	644	25	reorganization	reorganization	NOUN
ftr-463	644	26	,	,	PUNCT
ftr-463	644	27	or	or	CCONJ
ftr-463	644	28	should	should	AUX
ftr-463	644	29	its	its	PRON
ftr-463	644	30	stock	stock	NOUN
ftr-463	644	31	or	or	CCONJ
ftr-463	644	32	securities	security	NOUN
ftr-463	644	33	be	be	AUX
ftr-463	644	34	treated	treat	VERB
ftr-463	644	35	as	as	ADP
ftr-463	644	36	"	"	PUNCT
ftr-463	644	37	'	'	PUNCT
ftr-463	644	38	other	other	ADJ
ftr-463	644	39	property	property	NOUN
ftr-463	644	40	"	"	PUNCT
ftr-463	644	41	(	(	PUNCT
ftr-463	644	42	boot	boot	NOUN
ftr-463	644	43	)	)	PUNCT
ftr-463	644	44	?	?	PUNCT
ftr-463	645	1	the	the	DET
ftr-463	645	2	transaction	transaction	NOUN
ftr-463	645	3	in	in	ADP
ftr-463	645	4	anheuser	anheuser	PROPN
ftr-463	645	5	-	-	PUNCT
ftr-463	645	6	busch	busch	PROPN
ftr-463	645	7	was	be	AUX
ftr-463	645	8	recharacterized	recharacterize	VERB
ftr-463	645	9	as	as	ADP
ftr-463	645	10	a	a	DET
ftr-463	645	11	tax	tax	NOUN
ftr-463	645	12	-	-	PUNCT
ftr-463	645	13	free	free	ADJ
ftr-463	645	14	reorganization	reorganization	NOUN
ftr-463	645	15	of	of	ADP
ftr-463	645	16	target	target	NOUN
ftr-463	645	17	into	into	ADP
ftr-463	645	18	subsidiary	subsidiary	NOUN
ftr-463	645	19	in	in	SCONJ
ftr-463	645	20	which	which	DET
ftr-463	645	21	target	target	NOUN
ftr-463	645	22	's	's	PART
ftr-463	645	23	shareholder	shareholder	NOUN
ftr-463	645	24	received	receive	VERB
ftr-463	645	25	"	"	PUNCT
ftr-463	645	26	other	other	ADJ
ftr-463	645	27	property	property	NOUN
ftr-463	645	28	.	.	PUNCT
ftr-463	645	29	"	"	PUNCT
ftr-463	646	1	this	this	DET
ftr-463	646	2	holding	holding	NOUN
ftr-463	646	3	confirms	confirm	VERB
ftr-463	646	4	that	that	SCONJ
ftr-463	646	5	the	the	DET
ftr-463	646	6	parent	parent	NOUN
ftr-463	646	7	's	's	PART
ftr-463	646	8	stock	stock	NOUN
ftr-463	646	9	supplied	supply	VERB
ftr-463	646	10	the	the	DET
ftr-463	646	11	requisite	requisite	ADJ
ftr-463	646	12	continuity	continuity	NOUN
ftr-463	646	13	,	,	PUNCT
ftr-463	646	14	even	even	ADV
ftr-463	646	15	though	though	SCONJ
ftr-463	646	16	it	it	PRON
ftr-463	646	17	was	be	AUX
ftr-463	646	18	not	not	PART
ftr-463	646	19	stock	stock	NOUN
ftr-463	646	20	of	of	ADP
ftr-463	646	21	a	a	DET
ftr-463	646	22	party	party	NOUN
ftr-463	646	23	to	to	ADP
ftr-463	646	24	the	the	DET
ftr-463	646	25	reorganization	reorganization	NOUN
ftr-463	646	26	.	.	PUNCT
ftr-463	647	1	had	have	AUX
ftr-463	647	2	the	the	DET
ftr-463	647	3	transaction	transaction	NOUN
ftr-463	647	4	failed	fail	VERB
ftr-463	647	5	continuity	continuity	NOUN
ftr-463	647	6	,	,	PUNCT
ftr-463	647	7	it	it	PRON
ftr-463	647	8	would	would	AUX
ftr-463	647	9	not	not	PART
ftr-463	647	10	have	have	AUX
ftr-463	647	11	been	be	AUX
ftr-463	647	12	a	a	DET
ftr-463	647	13	reorganization	reorganization	NOUN
ftr-463	647	14	,	,	PUNCT
ftr-463	647	15	and	and	CCONJ
ftr-463	647	16	the	the	DET
ftr-463	647	17	parent	parent	NOUN
ftr-463	647	18	stock	stock	NOUN
ftr-463	647	19	received	receive	VERB
ftr-463	647	20	by	by	ADP
ftr-463	647	21	target	target	NOUN
ftr-463	647	22	's	's	PART
ftr-463	647	23	shareholder	shareholder	NOUN
ftr-463	647	24	would	would	AUX
ftr-463	647	25	have	have	AUX
ftr-463	647	26	been	be	AUX
ftr-463	647	27	sales	sale	NOUN
ftr-463	647	28	proceeds	proceed	NOUN
ftr-463	647	29	and	and	CCONJ
ftr-463	647	30	not	not	PART
ftr-463	647	31	"	"	PUNCT
ftr-463	647	32	other	other	ADJ
ftr-463	647	33	property	property	NOUN
ftr-463	647	34	.	.	PUNCT
ftr-463	647	35	"	"	PUNCT
ftr-463	648	1	the	the	DET
ftr-463	648	2	service	service	NOUN
ftr-463	648	3	no	no	ADV
ftr-463	648	4	longer	long	ADV
ftr-463	648	5	treats	treat	VERB
ftr-463	648	6	groman	groman	NOUN
ftr-463	648	7	and	and	CCONJ
ftr-463	648	8	bashford	bashford	NOUN
ftr-463	648	9	as	as	ADP
ftr-463	648	10	"	"	PUNCT
ftr-463	648	11	party	party	NOUN
ftr-463	648	12	"	"	PUNCT
ftr-463	648	13	cases	case	NOUN
ftr-463	648	14	that	that	PRON
ftr-463	648	15	cause	cause	VERB
ftr-463	648	16	certain	certain	ADJ
ftr-463	648	17	consideration	consideration	NOUN
ftr-463	648	18	to	to	PART
ftr-463	648	19	be	be	AUX
ftr-463	648	20	treated	treat	VERB
ftr-463	648	21	as	as	ADP
ftr-463	648	22	"	"	PUNCT
ftr-463	648	23	other	other	ADJ
ftr-463	648	24	property	property	NOUN
ftr-463	648	25	,	,	PUNCT
ftr-463	648	26	"	"	PUNCT
ftr-463	648	27	but	but	CCONJ
ftr-463	648	28	instead	instead	ADV
ftr-463	648	29	as	as	ADP
ftr-463	648	30	the	the	DET
ftr-463	648	31	foundations	foundation	NOUN
ftr-463	648	32	of	of	ADP
ftr-463	648	33	a	a	DET
ftr-463	648	34	"	"	PUNCT
ftr-463	648	35	remote	remote	ADJ
ftr-463	648	36	continuity	continuity	NOUN
ftr-463	648	37	"	"	PUNCT
ftr-463	648	38	doctrine	doctrine	NOUN
ftr-463	648	39	that	that	PRON
ftr-463	648	40	entirely	entirely	ADV
ftr-463	648	41	disqualifies	disqualify	VERB
ftr-463	648	42	a	a	DET
ftr-463	648	43	reorganization	reorganization	NOUN
ftr-463	648	44	(	(	PUNCT
ftr-463	648	45	including	include	VERB
ftr-463	648	46	a	a	DET
ftr-463	648	47	statutory	statutory	ADJ
ftr-463	648	48	merger	merger	NOUN
ftr-463	648	49	)	)	PUNCT
ftr-463	648	50	if	if	SCONJ
ftr-463	648	51	the	the	DET
ftr-463	648	52	target	target	NOUN
ftr-463	648	53	's	's	PART
ftr-463	648	54	assets	asset	NOUN
ftr-463	648	55	are	be	AUX
ftr-463	648	56	separated	separate	VERB
ftr-463	648	57	from	from	ADP
ftr-463	648	58	the	the	DET
ftr-463	648	59	acquiror	acquiror	NOUN
ftr-463	648	60	's	's	PART
ftr-463	648	61	consideration	consideration	NOUN
ftr-463	648	62	by	by	ADP
ftr-463	648	63	an	an	DET
ftr-463	648	64	intervening	intervene	VERB
ftr-463	648	65	impermissible	impermissible	ADJ
ftr-463	648	66	entity	entity	NOUN
ftr-463	648	67	.	.	PUNCT
ftr-463	649	1	"	"	PUNCT
ftr-463	649	2	'	'	PUNCT
ftr-463	649	3	presumably	presumably	ADV
ftr-463	649	4	,	,	PUNCT
ftr-463	649	5	the	the	DET
ftr-463	649	6	theory	theory	NOUN
ftr-463	649	7	behind	behind	ADP
ftr-463	649	8	this	this	DET
ftr-463	649	9	view	view	NOUN
ftr-463	649	10	is	be	AUX
ftr-463	649	11	that	that	SCONJ
ftr-463	649	12	continuity	continuity	NOUN
ftr-463	649	13	requires	require	VERB
ftr-463	649	14	that	that	SCONJ
ftr-463	649	15	a	a	DET
ftr-463	649	16	quantum	quantum	NOUN
ftr-463	649	17	of	of	ADP
ftr-463	649	18	the	the	DET
ftr-463	649	19	consideration	consideration	NOUN
ftr-463	649	20	must	must	AUX
ftr-463	649	21	consist	consist	VERB
ftr-463	649	22	of	of	ADP
ftr-463	649	23	stock	stock	NOUN
ftr-463	649	24	of	of	ADP
ftr-463	649	25	the	the	DET
ftr-463	649	26	true	true	ADJ
ftr-463	649	27	acquiror	acquiror	NOUN
ftr-463	649	28	,	,	PUNCT
ftr-463	649	29	and	and	CCONJ
ftr-463	649	30	if	if	SCONJ
ftr-463	649	31	all	all	PRON
ftr-463	649	32	of	of	ADP
ftr-463	649	33	the	the	DET
ftr-463	649	34	consideration	consideration	NOUN
ftr-463	649	35	received	receive	VERB
ftr-463	649	36	by	by	ADP
ftr-463	649	37	target	target	NOUN
ftr-463	649	38	shareholders	shareholder	NOUN
ftr-463	649	39	is	be	AUX
ftr-463	649	40	stock	stock	NOUN
ftr-463	649	41	of	of	ADP
ftr-463	649	42	a	a	DET
ftr-463	649	43	nonparty	nonparty	NOUN
ftr-463	649	44	,	,	PUNCT
ftr-463	649	45	none	none	NOUN
ftr-463	649	46	of	of	ADP
ftr-463	649	47	the	the	DET
ftr-463	649	48	consideration	consideration	NOUN
ftr-463	649	49	counts	count	NOUN
ftr-463	649	50	for	for	ADP
ftr-463	649	51	continuity	continuity	NOUN
ftr-463	649	52	purposes	purpose	NOUN
ftr-463	649	53	.	.	PUNCT
ftr-463	650	1	however	however	ADV
ftr-463	650	2	,	,	PUNCT
ftr-463	650	3	this	this	DET
ftr-463	650	4	interpretation	interpretation	NOUN
ftr-463	650	5	is	be	AUX
ftr-463	650	6	entirely	entirely	ADV
ftr-463	650	7	inconsistent	inconsistent	ADJ
ftr-463	650	8	with	with	ADP
ftr-463	650	9	the	the	DET
ftr-463	650	10	groman	groman	NOUN
ftr-463	650	11	,	,	PUNCT
ftr-463	650	12	bashford	bashford	NOUN
ftr-463	650	13	,	,	PUNCT
ftr-463	650	14	and	and	CCONJ
ftr-463	650	15	anheuser	anheuser	PROPN
ftr-463	650	16	-	-	PUNCT
ftr-463	650	17	busch	busch	PROPN
ftr-463	650	18	decisions	decision	NOUN
ftr-463	650	19	,	,	PUNCT
ftr-463	650	20	which	which	PRON
ftr-463	650	21	all	all	PRON
ftr-463	650	22	acknowledge	acknowledge	VERB
ftr-463	650	23	that	that	SCONJ
ftr-463	650	24	the	the	DET
ftr-463	650	25	acquisitions	acquisition	NOUN
ftr-463	650	26	100	100	NUM
ftr-463	650	27	.	.	PUNCT
ftr-463	650	28	115	115	NUM
ftr-463	650	29	f.2d	f.2d	ADP
ftr-463	650	30	662	662	NUM
ftr-463	650	31	(	(	PUNCT
ftr-463	650	32	8th	8th	ADJ
ftr-463	650	33	cir	cir	NOUN
ftr-463	650	34	.	.	PUNCT
ftr-463	650	35	1940	1940	NUM
ftr-463	650	36	)	)	PUNCT
ftr-463	650	37	.	.	PUNCT
ftr-463	651	1	101	101	NUM
ftr-463	651	2	.	.	PUNCT
ftr-463	652	1	see	see	VERB
ftr-463	652	2	,	,	PUNCT
ftr-463	652	3	e.g.	e.g.	ADV
ftr-463	652	4	,	,	PUNCT
ftr-463	652	5	g.c.m	g.c.m	ADJ
ftr-463	652	6	.	.	PROPN
ftr-463	652	7	35117	35117	NUM
ftr-463	652	8	(	(	PUNCT
ftr-463	652	9	nov	nov	PROPN
ftr-463	652	10	.	.	PROPN
ftr-463	652	11	15	15	NUM
ftr-463	652	12	,	,	PUNCT
ftr-463	652	13	1972	1972	NUM
ftr-463	652	14	)	)	PUNCT
ftr-463	652	15	(	(	PUNCT
ftr-463	652	16	"	"	PUNCT
ftr-463	652	17	the	the	DET
ftr-463	652	18	transaction	transaction	NOUN
ftr-463	652	19	will	will	AUX
ftr-463	652	20	not	not	PART
ftr-463	652	21	qualify	qualify	VERB
ftr-463	652	22	as	as	ADP
ftr-463	652	23	a	a	DET
ftr-463	652	24	tax	tax	NOUN
ftr-463	652	25	-	-	PUNCT
ftr-463	652	26	free	free	ADJ
ftr-463	652	27	reorganization	reorganization	NOUN
ftr-463	652	28	under	under	ADP
ftr-463	652	29	code	code	NOUN
ftr-463	652	30	§	§	PROPN
ftr-463	652	31	368(a)(1)(a	368(a)(1)(a	NUM
ftr-463	652	32	)	)	PUNCT
ftr-463	652	33	...	...	PUNCT
ftr-463	653	1	unless	unless	SCONJ
ftr-463	653	2	s	s	NOUN
ftr-463	653	3	is	be	AUX
ftr-463	653	4	a	a	DET
ftr-463	653	5	'	'	PUNCT
ftr-463	653	6	party	party	NOUN
ftr-463	653	7	to	to	ADP
ftr-463	653	8	the	the	DET
ftr-463	653	9	reorganization	reorganization	NOUN
ftr-463	653	10	'	'	PUNCT
ftr-463	653	11	....	....	PUNCT
ftr-463	654	1	"	"	PUNCT
ftr-463	654	2	)	)	PUNCT
ftr-463	654	3	;	;	PUNCT
ftr-463	654	4	g.c.m	g.c.m	X
ftr-463	654	5	.	.	PROPN
ftr-463	654	6	35486	35486	NUM
ftr-463	654	7	(	(	PUNCT
ftr-463	654	8	sept	sept	PROPN
ftr-463	654	9	.	.	PROPN
ftr-463	654	10	20	20	NUM
ftr-463	654	11	.	.	NUM
ftr-463	654	12	1973	1973	NUM
ftr-463	654	13	)	)	PUNCT
ftr-463	654	14	(	(	PUNCT
ftr-463	654	15	"	"	PUNCT
ftr-463	654	16	the	the	DET
ftr-463	654	17	term	term	NOUN
ftr-463	654	18	'	'	PART
ftr-463	654	19	continuity	continuity	NOUN
ftr-463	654	20	of	of	ADP
ftr-463	654	21	interest	interest	NOUN
ftr-463	654	22	'	'	PUNCT
ftr-463	654	23	has	have	AUX
ftr-463	654	24	come	come	VERB
ftr-463	654	25	to	to	PART
ftr-463	654	26	be	be	AUX
ftr-463	654	27	employed	employ	VERB
ftr-463	654	28	by	by	ADP
ftr-463	654	29	the	the	DET
ftr-463	654	30	courts	court	NOUN
ftr-463	654	31	,	,	PUNCT
ftr-463	654	32	the	the	DET
ftr-463	654	33	service	service	NOUN
ftr-463	654	34	.	.	PUNCT
ftr-463	655	1	and	and	CCONJ
ftr-463	655	2	the	the	DET
ftr-463	655	3	commentators	commentator	NOUN
ftr-463	655	4	as	as	ADP
ftr-463	655	5	a	a	DET
ftr-463	655	6	reference	reference	NOUN
ftr-463	655	7	to	to	ADP
ftr-463	655	8	the	the	DET
ftr-463	655	9	various	various	ADJ
ftr-463	655	10	litmus	litmus	NOUN
ftr-463	655	11	-	-	PUNCT
ftr-463	655	12	like	like	ADJ
ftr-463	655	13	qualifications	qualification	NOUN
ftr-463	655	14	imposed	impose	VERB
ftr-463	655	15	on	on	ADP
ftr-463	655	16	tax	tax	NOUN
ftr-463	655	17	-	-	PUNCT
ftr-463	655	18	free	free	ADJ
ftr-463	655	19	reorganizations	reorganization	NOUN
ftr-463	655	20	.	.	PUNCT
ftr-463	656	1	"	"	PUNCT
ftr-463	656	2	):	):	PUNCT
ftr-463	656	3	g.c.m	g.c.m	ADJ
ftr-463	656	4	.	.	PROPN
ftr-463	656	5	39150	39150	NUM
ftr-463	656	6	(	(	PUNCT
ftr-463	656	7	mar	mar	PROPN
ftr-463	656	8	.	.	PROPN
ftr-463	656	9	1	1	NUM
ftr-463	656	10	,	,	PUNCT
ftr-463	656	11	1984	1984	NUM
ftr-463	656	12	)	)	PUNCT
ftr-463	656	13	.	.	PUNCT
ftr-463	657	1	see	see	VERB
ftr-463	657	2	also	also	ADV
ftr-463	657	3	ginsburg	ginsburg	PROPN
ftr-463	657	4	&	&	CCONJ
ftr-463	657	5	levin	levin	PROPN
ftr-463	657	6	.	.	PUNCT
ftr-463	658	1	supra	supra	PROPN
ftr-463	658	2	note	note	PROPN
ftr-463	658	3	1	1	NUM
ftr-463	658	4	.	.	PUNCT
ftr-463	659	1	§	§	PROPN
ftr-463	659	2	§	§	PROPN
ftr-463	659	3	610.11.1	610.11.1	NOUN
ftr-463	659	4	.	.	PUNCT
ftr-463	659	5	610.11.2	610.11.2	NUM
ftr-463	659	6	,	,	PUNCT
ftr-463	659	7	at	at	ADP
ftr-463	659	8	630	630	NUM
ftr-463	659	9	-	-	SYM
ftr-463	659	10	37	37	NUM
ftr-463	659	11	.	.	PUNCT
ftr-463	660	1	florida	florida	PROPN
ftr-463	660	2	tax	tax	PROPN
ftr-463	660	3	review	review	NOUN
ftr-463	660	4	considered	consider	VERB
ftr-463	660	5	in	in	ADP
ftr-463	660	6	those	those	DET
ftr-463	660	7	cases	case	NOUN
ftr-463	660	8	qualified	qualified	ADJ
ftr-463	660	9	as	as	ADP
ftr-463	660	10	reorganizations.102	reorganizations.102	NOUN
ftr-463	660	11	this	this	DET
ftr-463	660	12	interpretation	interpretation	NOUN
ftr-463	660	13	is	be	AUX
ftr-463	660	14	also	also	ADV
ftr-463	660	15	inconsistent	inconsistent	ADJ
ftr-463	660	16	with	with	ADP
ftr-463	660	17	the	the	DET
ftr-463	660	18	original	original	ADJ
ftr-463	660	19	purpose	purpose	NOUN
ftr-463	660	20	of	of	ADP
ftr-463	660	21	the	the	DET
ftr-463	660	22	continuity	continuity	NOUN
ftr-463	660	23	of	of	ADP
ftr-463	660	24	interest	interest	NOUN
ftr-463	660	25	doctrine	doctrine	NOUN
ftr-463	660	26	to	to	PART
ftr-463	660	27	distinguish	distinguish	VERB
ftr-463	660	28	merger	merger	NOUN
ftr-463	660	29	-	-	PUNCT
ftr-463	660	30	like	like	ADJ
ftr-463	660	31	asset	asset	NOUN
ftr-463	660	32	acquisitions	acquisition	NOUN
ftr-463	660	33	from	from	ADP
ftr-463	660	34	sales	sale	NOUN
ftr-463	660	35	,	,	PUNCT
ftr-463	660	36	based	base	VERB
ftr-463	660	37	on	on	ADP
ftr-463	660	38	the	the	DET
ftr-463	660	39	nature	nature	NOUN
ftr-463	660	40	of	of	ADP
ftr-463	660	41	the	the	DET
ftr-463	660	42	consideration	consideration	NOUN
ftr-463	660	43	.	.	PUNCT
ftr-463	661	1	anheuser	anheuser	PROPN
ftr-463	661	2	-	-	PUNCT
ftr-463	661	3	busch	busch	PROPN
ftr-463	661	4	,	,	PUNCT
ftr-463	661	5	in	in	ADP
ftr-463	661	6	particular	particular	ADJ
ftr-463	661	7	,	,	PUNCT
ftr-463	661	8	could	could	AUX
ftr-463	661	9	certainly	certainly	ADV
ftr-463	661	10	have	have	AUX
ftr-463	661	11	been	be	AUX
ftr-463	661	12	accomplished	accomplish	VERB
ftr-463	661	13	as	as	ADP
ftr-463	661	14	a	a	DET
ftr-463	661	15	state	state	NOUN
ftr-463	661	16	law	law	NOUN
ftr-463	661	17	merger	merger	NOUN
ftr-463	661	18	solely	solely	ADV
ftr-463	661	19	for	for	ADP
ftr-463	661	20	acquiror	acquiror	NOUN
ftr-463	661	21	stock	stock	NOUN
ftr-463	661	22	,	,	PUNCT
ftr-463	661	23	followed	follow	VERB
ftr-463	661	24	by	by	ADP
ftr-463	661	25	the	the	DET
ftr-463	661	26	drop	drop	NOUN
ftr-463	661	27	down	down	ADP
ftr-463	661	28	,	,	PUNCT
ftr-463	661	29	without	without	ADP
ftr-463	661	30	invoking	invoke	VERB
ftr-463	661	31	the	the	DET
ftr-463	661	32	concern	concern	NOUN
ftr-463	661	33	in	in	ADP
ftr-463	661	34	pinellas	pinellas	PROPN
ftr-463	661	35	and	and	CCONJ
ftr-463	661	36	cortland	cortland	PROPN
ftr-463	661	37	that	that	SCONJ
ftr-463	661	38	the	the	DET
ftr-463	661	39	target	target	NOUN
ftr-463	661	40	(	(	PUNCT
ftr-463	661	41	or	or	CCONJ
ftr-463	661	42	even	even	ADV
ftr-463	661	43	its	its	PRON
ftr-463	661	44	shareholders	shareholder	NOUN
ftr-463	661	45	)	)	PUNCT
ftr-463	661	46	get	get	AUX
ftr-463	661	47	cashed	cash	VERB
ftr-463	661	48	out	out	ADP
ftr-463	661	49	.	.	PUNCT
ftr-463	662	1	and	and	CCONJ
ftr-463	662	2	,	,	PUNCT
ftr-463	662	3	while	while	SCONJ
ftr-463	662	4	early	early	ADJ
ftr-463	662	5	merger	merger	NOUN
ftr-463	662	6	statutes	statute	NOUN
ftr-463	662	7	did	do	AUX
ftr-463	662	8	not	not	PART
ftr-463	662	9	permit	permit	VERB
ftr-463	662	10	third	third	ADJ
ftr-463	662	11	-	-	PUNCT
ftr-463	662	12	party	party	NOUN
ftr-463	662	13	consideration	consideration	NOUN
ftr-463	662	14	,	,	PUNCT
ftr-463	662	15	there	there	PRON
ftr-463	662	16	is	be	VERB
ftr-463	662	17	no	no	DET
ftr-463	662	18	suggestion	suggestion	NOUN
ftr-463	662	19	that	that	SCONJ
ftr-463	662	20	the	the	DET
ftr-463	662	21	form	form	NOUN
ftr-463	662	22	in	in	ADP
ftr-463	662	23	bashford	bashford	NOUN
ftr-463	662	24	would	would	AUX
ftr-463	662	25	not	not	PART
ftr-463	662	26	have	have	AUX
ftr-463	662	27	been	be	AUX
ftr-463	662	28	respected	respect	VERB
ftr-463	662	29	as	as	ADP
ftr-463	662	30	a	a	DET
ftr-463	662	31	valid	valid	ADJ
ftr-463	662	32	state	state	NOUN
ftr-463	662	33	law	law	NOUN
ftr-463	662	34	merger	merger	NOUN
ftr-463	662	35	.	.	PUNCT
ftr-463	663	1	in	in	ADP
ftr-463	663	2	any	any	DET
ftr-463	663	3	event	event	NOUN
ftr-463	663	4	,	,	PUNCT
ftr-463	663	5	some	some	DET
ftr-463	663	6	liberal	liberal	ADJ
ftr-463	663	7	merger	merger	NOUN
ftr-463	663	8	statutes	statute	NOUN
ftr-463	663	9	that	that	PRON
ftr-463	663	10	were	be	AUX
ftr-463	663	11	in	in	ADP
ftr-463	663	12	place	place	NOUN
ftr-463	663	13	by	by	ADP
ftr-463	663	14	1934	1934	NUM
ftr-463	663	15	expressly	expressly	ADV
ftr-463	663	16	permitted	permit	VERB
ftr-463	663	17	stock	stock	NOUN
ftr-463	663	18	or	or	CCONJ
ftr-463	663	19	securities	security	NOUN
ftr-463	663	20	of	of	ADP
ftr-463	663	21	a	a	DET
ftr-463	663	22	subsidiary	subsidiary	NOUN
ftr-463	663	23	or	or	CCONJ
ftr-463	663	24	parent	parent	NOUN
ftr-463	663	25	of	of	ADP
ftr-463	663	26	the	the	DET
ftr-463	663	27	acquiror	acquiror	NOUN
ftr-463	663	28	to	to	PART
ftr-463	663	29	serve	serve	VERB
ftr-463	663	30	as	as	ADP
ftr-463	663	31	consideration	consideration	NOUN
ftr-463	663	32	.	.	PUNCT
ftr-463	664	1	moreover	moreover	ADV
ftr-463	664	2	,	,	PUNCT
ftr-463	664	3	there	there	PRON
ftr-463	664	4	is	be	VERB
ftr-463	664	5	nothing	nothing	PRON
ftr-463	664	6	inconsistent	inconsistent	ADJ
ftr-463	664	7	with	with	ADP
ftr-463	664	8	the	the	DET
ftr-463	664	9	parent	parent	NOUN
ftr-463	664	10	's	's	PART
ftr-463	664	11	stock	stock	NOUN
ftr-463	664	12	providing	provide	VERB
ftr-463	664	13	sufficient	sufficient	ADJ
ftr-463	664	14	equity	equity	NOUN
ftr-463	664	15	interest	interest	NOUN
ftr-463	664	16	to	to	PART
ftr-463	664	17	satisfy	satisfy	VERB
ftr-463	664	18	the	the	DET
ftr-463	664	19	continuity	continuity	NOUN
ftr-463	664	20	doctrine	doctrine	NOUN
ftr-463	664	21	,	,	PUNCT
ftr-463	664	22	but	but	CCONJ
ftr-463	664	23	at	at	ADP
ftr-463	664	24	the	the	DET
ftr-463	664	25	same	same	ADJ
ftr-463	664	26	time	time	NOUN
ftr-463	664	27	not	not	PART
ftr-463	664	28	being	be	AUX
ftr-463	664	29	stock	stock	NOUN
ftr-463	664	30	of	of	ADP
ftr-463	664	31	a	a	DET
ftr-463	664	32	party	party	NOUN
ftr-463	664	33	to	to	ADP
ftr-463	664	34	the	the	DET
ftr-463	664	35	reorganization	reorganization	NOUN
ftr-463	664	36	.	.	PUNCT
ftr-463	665	1	0	0	NUM
ftr-463	665	2	3	3	NUM
ftr-463	665	3	cortland	cortland	PROPN
ftr-463	665	4	and	and	CCONJ
ftr-463	665	5	pinellas	pinellas	PROPN
ftr-463	665	6	were	be	AUX
ftr-463	665	7	concerned	concern	VERB
ftr-463	665	8	with	with	ADP
ftr-463	665	9	the	the	DET
ftr-463	665	10	treatment	treatment	NOUN
ftr-463	665	11	of	of	ADP
ftr-463	665	12	a	a	DET
ftr-463	665	13	target	target	NOUN
ftr-463	665	14	that	that	PRON
ftr-463	665	15	received	receive	VERB
ftr-463	665	16	cash	cash	NOUN
ftr-463	665	17	equivalents	equivalent	NOUN
ftr-463	665	18	in	in	ADP
ftr-463	665	19	a	a	DET
ftr-463	665	20	putative	putative	ADJ
ftr-463	665	21	reorganization	reorganization	NOUN
ftr-463	665	22	;	;	PUNCT
ftr-463	665	23	le	le	PROPN
ftr-463	665	24	tulle	tulle	PROPN
ftr-463	665	25	further	far	ADV
ftr-463	665	26	required	require	VERB
ftr-463	665	27	that	that	SCONJ
ftr-463	665	28	the	the	DET
ftr-463	665	29	target	target	NOUN
ftr-463	665	30	receive	receive	VERB
ftr-463	665	31	consideration	consideration	NOUN
ftr-463	665	32	assuring	assure	VERB
ftr-463	665	33	some	some	DET
ftr-463	665	34	continued	continued	ADJ
ftr-463	665	35	participation	participation	NOUN
ftr-463	665	36	in	in	ADP
ftr-463	665	37	target	target	NOUN
ftr-463	665	38	's	's	PART
ftr-463	665	39	former	former	ADJ
ftr-463	665	40	business	business	NOUN
ftr-463	665	41	.	.	PUNCT
ftr-463	666	1	the	the	DET
ftr-463	666	2	anheuser	anheuser	PROPN
ftr-463	666	3	-	-	PUNCT
ftr-463	666	4	busch	busch	PROPN
ftr-463	666	5	transaction	transaction	NOUN
ftr-463	666	6	satisfied	satisfied	ADJ
ftr-463	666	7	that	that	DET
ftr-463	666	8	test	test	NOUN
ftr-463	666	9	.	.	PUNCT
ftr-463	667	1	although	although	SCONJ
ftr-463	667	2	the	the	DET
ftr-463	667	3	target	target	NOUN
ftr-463	667	4	's	's	PART
ftr-463	667	5	shareholder	shareholder	NOUN
ftr-463	667	6	received	receive	VERB
ftr-463	667	7	equity	equity	NOUN
ftr-463	667	8	in	in	ADP
ftr-463	667	9	a	a	DET
ftr-463	667	10	holding	hold	VERB
ftr-463	667	11	company	company	NOUN
ftr-463	667	12	,	,	PUNCT
ftr-463	667	13	the	the	DET
ftr-463	667	14	economic	economic	ADJ
ftr-463	667	15	effect	effect	NOUN
ftr-463	667	16	was	be	AUX
ftr-463	667	17	no	no	ADV
ftr-463	667	18	different	different	ADJ
ftr-463	667	19	than	than	SCONJ
ftr-463	667	20	had	have	VERB
ftr-463	667	21	an	an	DET
ftr-463	667	22	operating	operate	VERB
ftr-463	667	23	acquiror	acquiror	NOUN
ftr-463	667	24	obtained	obtain	VERB
ftr-463	667	25	target	target	NOUN
ftr-463	667	26	's	's	PART
ftr-463	667	27	assets	asset	NOUN
ftr-463	667	28	directly	directly	ADV
ftr-463	667	29	.	.	PUNCT
ftr-463	668	1	the	the	DET
ftr-463	668	2	distinction	distinction	NOUN
ftr-463	668	3	between	between	ADP
ftr-463	668	4	groman	groman	NOUN
ftr-463	668	5	and	and	CCONJ
ftr-463	668	6	bashford	bashford	NOUN
ftr-463	668	7	as	as	ADP
ftr-463	668	8	"	"	PUNCT
ftr-463	668	9	party	party	NOUN
ftr-463	668	10	"	"	PUNCT
ftr-463	668	11	cases	case	NOUN
ftr-463	668	12	or	or	CCONJ
ftr-463	668	13	as	as	ADP
ftr-463	668	14	establishing	establish	VERB
ftr-463	668	15	a	a	DET
ftr-463	668	16	remote	remote	ADJ
ftr-463	668	17	continuity	continuity	NOUN
ftr-463	668	18	doctrine	doctrine	NOUN
ftr-463	668	19	is	be	AUX
ftr-463	668	20	subtle	subtle	ADJ
ftr-463	668	21	but	but	CCONJ
ftr-463	668	22	important	important	ADJ
ftr-463	668	23	.	.	PUNCT
ftr-463	669	1	consider	consider	VERB
ftr-463	669	2	the	the	DET
ftr-463	669	3	alternative	alternative	ADJ
ftr-463	669	4	consequences	consequence	NOUN
ftr-463	669	5	to	to	ADP
ftr-463	669	6	the	the	DET
ftr-463	669	7	target	target	NOUN
ftr-463	669	8	in	in	ADP
ftr-463	669	9	a	a	DET
ftr-463	669	10	transaction	transaction	NOUN
ftr-463	669	11	in	in	ADP
ftr-463	669	12	which	which	PRON
ftr-463	669	13	the	the	DET
ftr-463	669	14	target	target	NOUN
ftr-463	669	15	merges	merge	VERB
ftr-463	669	16	into	into	ADP
ftr-463	669	17	a	a	DET
ftr-463	669	18	second	second	ADJ
ftr-463	669	19	-	-	PUNCT
ftr-463	669	20	tier	tier	NOUN
ftr-463	669	21	subsidiary	subsidiary	NOUN
ftr-463	669	22	of	of	ADP
ftr-463	669	23	the	the	DET
ftr-463	669	24	acquiror	acquiror	NOUN
ftr-463	669	25	,	,	PUNCT
ftr-463	669	26	and	and	CCONJ
ftr-463	669	27	the	the	DET
ftr-463	669	28	target	target	NOUN
ftr-463	669	29	shareholders	shareholder	NOUN
ftr-463	669	30	'	'	PART
ftr-463	669	31	consideration	consideration	NOUN
ftr-463	669	32	consists	consist	VERB
ftr-463	669	33	10	10	NUM
ftr-463	669	34	%	%	NOUN
ftr-463	669	35	of	of	ADP
ftr-463	669	36	the	the	DET
ftr-463	669	37	second	second	ADJ
ftr-463	669	38	-	-	PUNCT
ftr-463	669	39	tier	tier	NOUN
ftr-463	669	40	subsidiary	subsidiary	NOUN
ftr-463	669	41	's	's	PART
ftr-463	669	42	stock	stock	NOUN
ftr-463	669	43	and	and	CCONJ
ftr-463	669	44	90	90	NUM
ftr-463	669	45	%	%	NOUN
ftr-463	669	46	of	of	ADP
ftr-463	669	47	grandparent	grandparent	ADJ
ftr-463	669	48	stock	stock	NOUN
ftr-463	669	49	.	.	PUNCT
ftr-463	669	50	'	'	PUNCT
ftr-463	670	1	°	°	ADV
ftr-463	670	2	4	4	NUM
ftr-463	670	3	if	if	SCONJ
ftr-463	670	4	groman	groman	NOUN
ftr-463	670	5	and	and	CCONJ
ftr-463	670	6	bashford	bashford	NOUN
ftr-463	670	7	are	be	AUX
ftr-463	670	8	about	about	ADP
ftr-463	670	9	continuity	continuity	NOUN
ftr-463	670	10	of	of	ADP
ftr-463	670	11	interest	interest	NOUN
ftr-463	670	12	,	,	PUNCT
ftr-463	670	13	a	a	DET
ftr-463	670	14	finding	finding	NOUN
ftr-463	670	15	of	of	ADP
ftr-463	670	16	"	"	PUNCT
ftr-463	670	17	discontinuity	discontinuity	NOUN
ftr-463	670	18	"	"	PUNCT
ftr-463	670	19	would	would	AUX
ftr-463	670	20	cause	cause	VERB
ftr-463	670	21	a	a	DET
ftr-463	670	22	transaction	transaction	NOUN
ftr-463	670	23	that	that	PRON
ftr-463	670	24	otherwise	otherwise	ADV
ftr-463	670	25	qualifies	qualify	VERB
ftr-463	670	26	as	as	ADP
ftr-463	670	27	a	a	DET
ftr-463	670	28	reorganization	reorganization	NOUN
ftr-463	670	29	to	to	PART
ftr-463	670	30	be	be	AUX
ftr-463	670	31	a	a	DET
ftr-463	670	32	taxable	taxable	ADJ
ftr-463	670	33	sale	sale	NOUN
ftr-463	670	34	.	.	PUNCT
ftr-463	671	1	the	the	DET
ftr-463	671	2	second	second	ADJ
ftr-463	671	3	-	-	PUNCT
ftr-463	671	4	tier	tier	NOUN
ftr-463	671	5	102	102	NUM
ftr-463	671	6	.	.	PUNCT
ftr-463	672	1	see	see	VERB
ftr-463	672	2	,	,	PUNCT
ftr-463	672	3	e.g.	e.g.	ADV
ftr-463	672	4	,	,	PUNCT
ftr-463	672	5	anheuser	anheuser	NOUN
ftr-463	672	6	-	-	PUNCT
ftr-463	672	7	busch	busch	PROPN
ftr-463	672	8	,	,	PUNCT
ftr-463	672	9	115	115	NUM
ftr-463	672	10	f.2d	f.2d	X
ftr-463	672	11	at	at	ADP
ftr-463	672	12	666	666	NUM
ftr-463	672	13	(	(	PUNCT
ftr-463	672	14	"	"	PUNCT
ftr-463	672	15	the	the	DET
ftr-463	672	16	board	board	NOUN
ftr-463	672	17	concluded	conclude	VERB
ftr-463	672	18	...	...	PUNCT
ftr-463	672	19	'	'	PUNCT
ftr-463	672	20	the	the	DET
ftr-463	672	21	subsidiary	subsidiary	NOUN
ftr-463	672	22	and	and	CCONJ
ftr-463	672	23	not	not	PART
ftr-463	672	24	the	the	DET
ftr-463	672	25	parent	parent	NOUN
ftr-463	672	26	was	be	AUX
ftr-463	672	27	a	a	DET
ftr-463	672	28	party	party	NOUN
ftr-463	672	29	to	to	ADP
ftr-463	672	30	the	the	DET
ftr-463	672	31	reorganization	reorganization	NOUN
ftr-463	672	32	.	.	PUNCT
ftr-463	672	33	'	'	PUNCT
ftr-463	673	1	we	we	PRON
ftr-463	673	2	agree	agree	VERB
ftr-463	673	3	with	with	ADP
ftr-463	673	4	the	the	DET
ftr-463	673	5	board	board	NOUN
ftr-463	673	6	's	's	PART
ftr-463	673	7	conclusion	conclusion	NOUN
ftr-463	673	8	"	"	PUNCT
ftr-463	673	9	)	)	PUNCT
ftr-463	673	10	.	.	PUNCT
ftr-463	674	1	103	103	NUM
ftr-463	674	2	.	.	PUNCT
ftr-463	675	1	an	an	DET
ftr-463	675	2	analogous	analogous	ADJ
ftr-463	675	3	issue	issue	NOUN
ftr-463	675	4	is	be	AUX
ftr-463	675	5	likely	likely	ADJ
ftr-463	675	6	to	to	PART
ftr-463	675	7	arise	arise	VERB
ftr-463	675	8	if	if	SCONJ
ftr-463	675	9	the	the	DET
ftr-463	675	10	clinton	clinton	PROPN
ftr-463	675	11	administration	administration	NOUN
ftr-463	675	12	's	's	PART
ftr-463	675	13	current	current	ADJ
ftr-463	675	14	proposal	proposal	NOUN
ftr-463	675	15	to	to	PART
ftr-463	675	16	treat	treat	VERB
ftr-463	675	17	certain	certain	ADJ
ftr-463	675	18	preferred	preferred	ADJ
ftr-463	675	19	stock	stock	NOUN
ftr-463	675	20	as	as	SCONJ
ftr-463	675	21	boot	boot	NOUN
ftr-463	675	22	becomes	become	VERB
ftr-463	675	23	law	law	NOUN
ftr-463	675	24	.	.	PUNCT
ftr-463	676	1	under	under	ADP
ftr-463	676	2	nelson	nelson	PROPN
ftr-463	676	3	,	,	PUNCT
ftr-463	676	4	preferred	preferred	ADJ
ftr-463	676	5	stock	stock	NOUN
ftr-463	676	6	is	be	AUX
ftr-463	676	7	good	good	ADJ
ftr-463	676	8	consideration	consideration	NOUN
ftr-463	676	9	for	for	ADP
ftr-463	676	10	continuity	continuity	NOUN
ftr-463	676	11	purposes	purpose	NOUN
ftr-463	676	12	,	,	PUNCT
ftr-463	676	13	but	but	CCONJ
ftr-463	676	14	under	under	ADP
ftr-463	676	15	the	the	DET
ftr-463	676	16	administration	administration	NOUN
ftr-463	676	17	's	's	PART
ftr-463	676	18	proposal	proposal	NOUN
ftr-463	676	19	,	,	PUNCT
ftr-463	676	20	it	it	PRON
ftr-463	676	21	would	would	AUX
ftr-463	676	22	be	be	AUX
ftr-463	676	23	boot	boot	NOUN
ftr-463	676	24	.	.	PUNCT
ftr-463	677	1	for	for	ADP
ftr-463	677	2	the	the	DET
ftr-463	677	3	reasons	reason	NOUN
ftr-463	677	4	discussed	discuss	VERB
ftr-463	677	5	in	in	ADP
ftr-463	677	6	the	the	DET
ftr-463	677	7	text	text	NOUN
ftr-463	677	8	,	,	PUNCT
ftr-463	677	9	there	there	PRON
ftr-463	677	10	is	be	VERB
ftr-463	677	11	nothing	nothing	PRON
ftr-463	677	12	inconsistent	inconsistent	ADJ
ftr-463	677	13	with	with	ADP
ftr-463	677	14	this	this	DET
ftr-463	677	15	result	result	NOUN
ftr-463	677	16	.	.	PUNCT
ftr-463	678	1	104	104	X
ftr-463	678	2	.	.	PUNCT
ftr-463	679	1	cf	cf	NOUN
ftr-463	679	2	.	.	PUNCT
ftr-463	680	1	g.c.m	g.c.m	PROPN
ftr-463	680	2	.	.	PROPN
ftr-463	681	1	39150	39150	NUM
ftr-463	681	2	(	(	PUNCT
ftr-463	681	3	mar	mar	PROPN
ftr-463	681	4	.	.	PROPN
ftr-463	681	5	1	1	NUM
ftr-463	681	6	,	,	PUNCT
ftr-463	681	7	1984	1984	NUM
ftr-463	681	8	)	)	PUNCT
ftr-463	681	9	(	(	PUNCT
ftr-463	681	10	dropping	drop	VERB
ftr-463	681	11	less	less	ADJ
ftr-463	681	12	than	than	ADP
ftr-463	681	13	all	all	PRON
ftr-463	681	14	of	of	ADP
ftr-463	681	15	target	target	NOUN
ftr-463	681	16	's	's	PART
ftr-463	681	17	assets	asset	NOUN
ftr-463	681	18	into	into	ADP
ftr-463	681	19	a	a	DET
ftr-463	681	20	partnership	partnership	NOUN
ftr-463	681	21	owned	own	VERB
ftr-463	681	22	99	99	NUM
ftr-463	681	23	%	%	NOUN
ftr-463	681	24	by	by	ADP
ftr-463	681	25	acquiror	acquiror	NOUN
ftr-463	681	26	may	may	AUX
ftr-463	681	27	defeat	defeat	VERB
ftr-463	681	28	reorganization	reorganization	NOUN
ftr-463	681	29	status	status	NOUN
ftr-463	681	30	,	,	PUNCT
ftr-463	681	31	depending	depend	VERB
ftr-463	681	32	on	on	ADP
ftr-463	681	33	facts	fact	NOUN
ftr-463	681	34	and	and	CCONJ
ftr-463	681	35	circumstances	circumstance	NOUN
ftr-463	681	36	)	)	PUNCT
ftr-463	681	37	.	.	PUNCT
ftr-463	682	1	it	it	PRON
ftr-463	682	2	is	be	AUX
ftr-463	682	3	important	important	ADJ
ftr-463	682	4	that	that	SCONJ
ftr-463	682	5	target	target	NOUN
ftr-463	682	6	shareholders	shareholder	NOUN
ftr-463	682	7	receive	receive	VERB
ftr-463	682	8	some	some	DET
ftr-463	682	9	stock	stock	NOUN
ftr-463	682	10	or	or	CCONJ
ftr-463	682	11	securities	security	NOUN
ftr-463	682	12	of	of	ADP
ftr-463	682	13	a	a	DET
ftr-463	682	14	party	party	NOUN
ftr-463	682	15	to	to	ADP
ftr-463	682	16	the	the	DET
ftr-463	682	17	reorganization	reorganization	NOUN
ftr-463	682	18	in	in	ADP
ftr-463	682	19	order	order	NOUN
ftr-463	682	20	to	to	PART
ftr-463	682	21	fit	fit	VERB
ftr-463	682	22	within	within	ADP
ftr-463	682	23	the	the	DET
ftr-463	682	24	statutory	statutory	ADJ
ftr-463	682	25	requirements	requirement	NOUN
ftr-463	682	26	of	of	ADP
ftr-463	682	27	§	§	PROPN
ftr-463	682	28	361(a	361(a	PROPN
ftr-463	682	29	)	)	PUNCT
ftr-463	682	30	and	and	CCONJ
ftr-463	682	31	(	(	PUNCT
ftr-463	682	32	b	b	NOUN
ftr-463	682	33	)	)	PUNCT
ftr-463	682	34	.	.	PUNCT
ftr-463	683	1	[	[	X
ftr-463	683	2	val	val	X
ftr-463	683	3	3:5	3:5	NUM
ftr-463	683	4	1996	1996	NUM
ftr-463	683	5	]	]	PUNCT
ftr-463	683	6	devolution	devolution	NOUN
ftr-463	683	7	&	&	CCONJ
ftr-463	683	8	inevitable	inevitable	ADJ
ftr-463	683	9	extinction	extinction	NOUN
ftr-463	683	10	of	of	ADP
ftr-463	683	11	the	the	DET
ftr-463	683	12	continuity	continuity	NOUN
ftr-463	683	13	of	of	ADP
ftr-463	683	14	interest	interest	NOUN
ftr-463	683	15	doctrine	doctrine	NOUN
ftr-463	683	16	217	217	NUM
ftr-463	683	17	subsidiary	subsidiary	NOUN
ftr-463	683	18	would	would	AUX
ftr-463	683	19	not	not	PART
ftr-463	683	20	accede	accede	VERB
ftr-463	683	21	to	to	PART
ftr-463	683	22	target	target	VERB
ftr-463	683	23	's	's	PART
ftr-463	683	24	tax	tax	NOUN
ftr-463	683	25	attributes	attribute	NOUN
ftr-463	683	26	or	or	CCONJ
ftr-463	683	27	its	its	PRON
ftr-463	683	28	asset	asset	NOUN
ftr-463	683	29	bases	basis	NOUN
ftr-463	683	30	;	;	PUNCT
ftr-463	683	31	the	the	DET
ftr-463	683	32	target	target	NOUN
ftr-463	683	33	would	would	AUX
ftr-463	683	34	recognize	recognize	VERB
ftr-463	683	35	gain	gain	NOUN
ftr-463	683	36	or	or	CCONJ
ftr-463	683	37	loss	loss	NOUN
ftr-463	683	38	equal	equal	ADJ
ftr-463	683	39	to	to	ADP
ftr-463	683	40	the	the	DET
ftr-463	683	41	difference	difference	NOUN
ftr-463	683	42	between	between	ADP
ftr-463	683	43	the	the	DET
ftr-463	683	44	value	value	NOUN
ftr-463	683	45	of	of	ADP
ftr-463	683	46	its	its	PRON
ftr-463	683	47	assets	asset	NOUN
ftr-463	683	48	and	and	CCONJ
ftr-463	683	49	their	their	PRON
ftr-463	683	50	bases	basis	NOUN
ftr-463	683	51	;	;	PUNCT
ftr-463	683	52	and	and	CCONJ
ftr-463	683	53	the	the	DET
ftr-463	683	54	acquiror	acquiror	NOUN
ftr-463	683	55	's	's	PART
ftr-463	683	56	consideration	consideration	NOUN
ftr-463	683	57	(	(	PUNCT
ftr-463	683	58	second	second	ADJ
ftr-463	683	59	-	-	PUNCT
ftr-463	683	60	tier	tier	NOUN
ftr-463	683	61	subsidiary	subsidiary	NOUN
ftr-463	683	62	and	and	CCONJ
ftr-463	683	63	grandparent	grandparent	ADJ
ftr-463	683	64	stock	stock	NOUN
ftr-463	683	65	)	)	PUNCT
ftr-463	683	66	would	would	AUX
ftr-463	683	67	be	be	AUX
ftr-463	683	68	received	receive	VERB
ftr-463	683	69	by	by	ADP
ftr-463	683	70	the	the	DET
ftr-463	683	71	target	target	NOUN
ftr-463	683	72	's	's	PART
ftr-463	683	73	shareholders	shareholder	NOUN
ftr-463	683	74	in	in	ADP
ftr-463	683	75	liquidation	liquidation	NOUN
ftr-463	683	76	of	of	ADP
ftr-463	683	77	the	the	DET
ftr-463	683	78	target	target	NOUN
ftr-463	683	79	.	.	PUNCT
ftr-463	684	1	if	if	SCONJ
ftr-463	684	2	,	,	PUNCT
ftr-463	684	3	on	on	ADP
ftr-463	684	4	the	the	DET
ftr-463	684	5	other	other	ADJ
ftr-463	684	6	hand	hand	NOUN
ftr-463	684	7	,	,	PUNCT
ftr-463	684	8	gronan	gronan	NOUN
ftr-463	684	9	and	and	CCONJ
ftr-463	684	10	bashford	bashford	NOUN
ftr-463	684	11	are	be	AUX
ftr-463	684	12	"	"	PUNCT
ftr-463	684	13	other	other	ADJ
ftr-463	684	14	property	property	NOUN
ftr-463	684	15	"	"	PUNCT
ftr-463	684	16	cases	case	NOUN
ftr-463	684	17	,	,	PUNCT
ftr-463	684	18	the	the	DET
ftr-463	684	19	transaction	transaction	NOUN
ftr-463	684	20	would	would	AUX
ftr-463	684	21	be	be	AUX
ftr-463	684	22	a	a	DET
ftr-463	684	23	reorganization	reorganization	NOUN
ftr-463	684	24	,	,	PUNCT
ftr-463	684	25	and	and	CCONJ
ftr-463	684	26	the	the	DET
ftr-463	684	27	second	second	ADJ
ftr-463	684	28	-	-	PUNCT
ftr-463	684	29	tier	tier	NOUN
ftr-463	684	30	subsidiary	subsidiary	NOUN
ftr-463	684	31	would	would	AUX
ftr-463	684	32	take	take	VERB
ftr-463	684	33	the	the	DET
ftr-463	684	34	target	target	NOUN
ftr-463	684	35	's	's	PART
ftr-463	684	36	attributes	attribute	NOUN
ftr-463	684	37	(	(	PUNCT
ftr-463	684	38	including	include	VERB
ftr-463	684	39	its	its	PRON
ftr-463	684	40	net	net	ADJ
ftr-463	684	41	operating	operating	NOUN
ftr-463	684	42	losses	loss	NOUN
ftr-463	684	43	)	)	PUNCT
ftr-463	684	44	and	and	CCONJ
ftr-463	684	45	asset	asset	NOUN
ftr-463	684	46	bases	basis	NOUN
ftr-463	684	47	(	(	PUNCT
ftr-463	684	48	increased	increase	VERB
ftr-463	684	49	by	by	ADP
ftr-463	684	50	any	any	DET
ftr-463	684	51	gain	gain	NOUN
ftr-463	684	52	recognized	recognize	VERB
ftr-463	684	53	by	by	ADP
ftr-463	684	54	the	the	DET
ftr-463	684	55	target	target	NOUN
ftr-463	684	56	)	)	PUNCT
ftr-463	684	57	;	;	PUNCT
ftr-463	684	58	if	if	SCONJ
ftr-463	684	59	the	the	DET
ftr-463	684	60	target	target	NOUN
ftr-463	684	61	distributes	distribute	VERB
ftr-463	684	62	all	all	PRON
ftr-463	684	63	of	of	ADP
ftr-463	684	64	the	the	DET
ftr-463	684	65	consideration	consideration	NOUN
ftr-463	684	66	to	to	ADP
ftr-463	684	67	its	its	PRON
ftr-463	684	68	shareholders	shareholder	NOUN
ftr-463	684	69	,	,	PUNCT
ftr-463	684	70	it	it	PRON
ftr-463	684	71	would	would	AUX
ftr-463	684	72	recognize	recognize	VERB
ftr-463	684	73	no	no	DET
ftr-463	684	74	gain	gain	NOUN
ftr-463	684	75	or	or	CCONJ
ftr-463	684	76	loss	loss	NOUN
ftr-463	684	77	,	,	PUNCT
ftr-463	684	78	and	and	CCONJ
ftr-463	684	79	its	its	PRON
ftr-463	684	80	shareholders	shareholder	NOUN
ftr-463	684	81	would	would	AUX
ftr-463	684	82	recognize	recognize	VERB
ftr-463	684	83	gain	gain	NOUN
ftr-463	684	84	(	(	PUNCT
ftr-463	684	85	but	but	CCONJ
ftr-463	684	86	not	not	PART
ftr-463	684	87	loss	loss	NOUN
ftr-463	684	88	)	)	PUNCT
ftr-463	684	89	only	only	ADV
ftr-463	684	90	to	to	ADP
ftr-463	684	91	the	the	DET
ftr-463	684	92	extent	extent	NOUN
ftr-463	684	93	of	of	ADP
ftr-463	684	94	the	the	DET
ftr-463	684	95	"	"	PUNCT
ftr-463	684	96	other	other	ADJ
ftr-463	684	97	property	property	NOUN
ftr-463	684	98	"	"	PUNCT
ftr-463	684	99	(	(	PUNCT
ftr-463	684	100	grandparent	grandparent	NOUN
ftr-463	684	101	stock).05	stock).05	PROPN
ftr-463	684	102	the	the	DET
ftr-463	684	103	service	service	NOUN
ftr-463	684	104	's	's	PART
ftr-463	684	105	dogmatic	dogmatic	ADJ
ftr-463	684	106	adherence	adherence	NOUN
ftr-463	684	107	to	to	ADP
ftr-463	684	108	remote	remote	ADJ
ftr-463	684	109	continuity	continuity	NOUN
ftr-463	684	110	is	be	AUX
ftr-463	684	111	perhaps	perhaps	ADV
ftr-463	684	112	best	well	ADV
ftr-463	684	113	revealed	reveal	VERB
ftr-463	684	114	in	in	ADP
ftr-463	684	115	its	its	PRON
ftr-463	684	116	approach	approach	NOUN
ftr-463	684	117	to	to	ADP
ftr-463	684	118	partnership	partnership	NOUN
ftr-463	684	119	drop	drop	NOUN
ftr-463	684	120	-	-	PUNCT
ftr-463	684	121	downs	down	NOUN
ftr-463	684	122	.	.	PUNCT
ftr-463	685	1	the	the	DET
ftr-463	685	2	service	service	NOUN
ftr-463	685	3	treats	treat	VERB
ftr-463	685	4	a	a	DET
ftr-463	685	5	drop	drop	NOUN
ftr-463	685	6	-	-	PUNCT
ftr-463	685	7	down	down	NOUN
ftr-463	685	8	of	of	ADP
ftr-463	685	9	the	the	DET
ftr-463	685	10	target	target	NOUN
ftr-463	685	11	's	's	PART
ftr-463	685	12	assets	asset	NOUN
ftr-463	685	13	to	to	ADP
ftr-463	685	14	a	a	DET
ftr-463	685	15	99%-owned	99%-owned	NUM
ftr-463	685	16	partnership	partnership	NOUN
ftr-463	685	17	as	as	ADP
ftr-463	685	18	an	an	DET
ftr-463	685	19	action	action	NOUN
ftr-463	685	20	that	that	PRON
ftr-463	685	21	breaks	break	VERB
ftr-463	685	22	the	the	DET
ftr-463	685	23	continuity	continuity	NOUN
ftr-463	685	24	of	of	ADP
ftr-463	685	25	a	a	DET
ftr-463	685	26	contemporaneous	contemporaneous	ADJ
ftr-463	685	27	merger	merger	NOUN
ftr-463	685	28	,	,	PUNCT
ftr-463	685	29	notwithstanding	notwithstanding	SCONJ
ftr-463	685	30	the	the	DET
ftr-463	685	31	legislative	legislative	ADJ
ftr-463	685	32	repeal	repeal	NOUN
ftr-463	685	33	of	of	ADP
ftr-463	685	34	gromnan	gromnan	NOUN
ftr-463	685	35	and	and	CCONJ
ftr-463	685	36	bashford	bashford	NOUN
ftr-463	685	37	discussed	discuss	VERB
ftr-463	685	38	below	below	ADV
ftr-463	685	39	in	in	ADP
ftr-463	685	40	part	part	NOUN
ftr-463	685	41	iv.a	iv.a	NOUN
ftr-463	685	42	.	.	PUNCT
ftr-463	685	43	"	"	PUNCT
ftr-463	686	1	dropping	drop	VERB
ftr-463	686	2	fewer	few	ADJ
ftr-463	686	3	than	than	ADP
ftr-463	686	4	all	all	PRON
ftr-463	686	5	of	of	ADP
ftr-463	686	6	the	the	DET
ftr-463	686	7	target	target	NOUN
ftr-463	686	8	's	's	PART
ftr-463	686	9	assets	asset	NOUN
ftr-463	686	10	into	into	ADP
ftr-463	686	11	a	a	DET
ftr-463	686	12	99%-owned	99%-owned	NUM
ftr-463	686	13	general	general	ADJ
ftr-463	686	14	partnership	partnership	NOUN
ftr-463	686	15	makes	make	VERB
ftr-463	686	16	or	or	CCONJ
ftr-463	686	17	breaks	break	VERB
ftr-463	686	18	continuity	continuity	NOUN
ftr-463	686	19	,	,	PUNCT
ftr-463	686	20	based	base	VERB
ftr-463	686	21	on	on	ADP
ftr-463	686	22	a	a	DET
ftr-463	686	23	"	"	PUNCT
ftr-463	686	24	facts	fact	NOUN
ftr-463	686	25	and	and	CCONJ
ftr-463	686	26	circumstances	circumstance	NOUN
ftr-463	686	27	"	"	PUNCT
ftr-463	686	28	test.107	test.107	NUM
ftr-463	686	29	this	this	DET
ftr-463	686	30	position	position	NOUN
ftr-463	686	31	renders	render	VERB
ftr-463	686	32	the	the	DET
ftr-463	686	33	reorganization	reorganization	NOUN
ftr-463	686	34	provisions	provision	NOUN
ftr-463	686	35	of	of	ADP
ftr-463	686	36	the	the	DET
ftr-463	686	37	code	code	NOUN
ftr-463	686	38	almost	almost	ADV
ftr-463	686	39	entirely	entirely	ADV
ftr-463	686	40	elective	elective	ADJ
ftr-463	686	41	for	for	ADP
ftr-463	686	42	intra	intra	ADJ
ftr-463	686	43	-	-	ADJ
ftr-463	686	44	group	group	NOUN
ftr-463	686	45	transactions	transaction	NOUN
ftr-463	686	46	(	(	PUNCT
ftr-463	686	47	subject	subject	VERB
ftr-463	686	48	perhaps	perhaps	ADV
ftr-463	686	49	to	to	ADP
ftr-463	686	50	the	the	DET
ftr-463	686	51	partnership	partnership	NOUN
ftr-463	686	52	anti	anti	ADJ
ftr-463	686	53	-	-	NOUN
ftr-463	686	54	abuse	abuse	ADJ
ftr-463	686	55	regulations),1rs	regulations),1rs	NOUN
ftr-463	686	56	a	a	DET
ftr-463	686	57	conclusion	conclusion	NOUN
ftr-463	686	58	confirmed	confirm	VERB
ftr-463	686	59	by	by	ADP
ftr-463	686	60	the	the	DET
ftr-463	686	61	service	service	NOUN
ftr-463	686	62	's	's	PART
ftr-463	686	63	enforcement	enforcement	NOUN
ftr-463	686	64	of	of	ADP
ftr-463	686	65	the	the	DET
ftr-463	686	66	remote	remote	ADJ
ftr-463	686	67	continuity	continuity	NOUN
ftr-463	686	68	doctrine	doctrine	NOUN
ftr-463	686	69	even	even	ADV
ftr-463	686	70	for	for	ADP
ftr-463	686	71	reorganizations	reorganization	NOUN
ftr-463	686	72	among	among	ADP
ftr-463	686	73	wholly	wholly	ADV
ftr-463	686	74	-	-	PUNCT
ftr-463	686	75	owned	own	VERB
ftr-463	686	76	entities	entity	NOUN
ftr-463	686	77	of	of	ADP
ftr-463	686	78	a	a	DET
ftr-463	686	79	single	single	ADJ
ftr-463	686	80	corporate	corporate	ADJ
ftr-463	686	81	parent.t	parent.t	NOUN
ftr-463	686	82	moreover	moreover	ADV
ftr-463	686	83	,	,	PUNCT
ftr-463	686	84	it	it	PRON
ftr-463	686	85	appears	appear	VERB
ftr-463	686	86	that	that	SCONJ
ftr-463	686	87	the	the	DET
ftr-463	686	88	service	service	NOUN
ftr-463	686	89	continues	continue	VERB
ftr-463	686	90	to	to	PART
ftr-463	686	91	insist	insist	VERB
ftr-463	686	92	that	that	SCONJ
ftr-463	686	93	grandparent	grandparent	ADJ
ftr-463	686	94	stock	stock	NOUN
ftr-463	686	95	may	may	AUX
ftr-463	686	96	not	not	PART
ftr-463	686	97	be	be	AUX
ftr-463	686	98	used	use	VERB
ftr-463	686	99	as	as	ADP
ftr-463	686	100	consideration	consideration	NOUN
ftr-463	686	101	in	in	ADP
ftr-463	686	102	a	a	DET
ftr-463	686	103	statutory	statutory	ADJ
ftr-463	686	104	merger	merger	NOUN
ftr-463	686	105	,	,	PUNCT
ftr-463	686	106	but	but	CCONJ
ftr-463	686	107	that	that	SCONJ
ftr-463	686	108	105	105	X
ftr-463	686	109	.	.	PUNCT
ftr-463	687	1	see	see	VERB
ftr-463	687	2	irc	irc	PROPN
ftr-463	687	3	§	§	PROPN
ftr-463	687	4	361(b	361(b	PROPN
ftr-463	687	5	)	)	PUNCT
ftr-463	687	6	(	(	PUNCT
ftr-463	687	7	no	no	DET
ftr-463	687	8	gain	gain	NOUN
ftr-463	687	9	or	or	CCONJ
ftr-463	687	10	loss	loss	NOUN
ftr-463	687	11	to	to	PART
ftr-463	687	12	target	target	VERB
ftr-463	687	13	on	on	ADP
ftr-463	687	14	the	the	DET
ftr-463	687	15	exchange	exchange	NOUN
ftr-463	687	16	):	):	PUNCT
ftr-463	687	17	§	§	PROPN
ftr-463	687	18	361(c	361(c	PROPN
ftr-463	687	19	)	)	PUNCT
ftr-463	687	20	(	(	PUNCT
ftr-463	687	21	target	target	NOUN
ftr-463	687	22	recognizes	recognize	VERB
ftr-463	687	23	gain	gain	NOUN
ftr-463	687	24	with	with	ADP
ftr-463	687	25	respect	respect	NOUN
ftr-463	687	26	to	to	ADP
ftr-463	687	27	appreciated	appreciated	ADJ
ftr-463	687	28	property	property	NOUN
ftr-463	687	29	that	that	PRON
ftr-463	687	30	is	be	AUX
ftr-463	687	31	distributed	distribute	VERB
ftr-463	687	32	):	):	PUNCT
ftr-463	687	33	§	§	PROPN
ftr-463	687	34	354(a	354(a	PROPN
ftr-463	687	35	)	)	PUNCT
ftr-463	687	36	(	(	PUNCT
ftr-463	687	37	target	target	NOUN
ftr-463	687	38	shareholders	shareholder	NOUN
ftr-463	687	39	do	do	AUX
ftr-463	687	40	not	not	PART
ftr-463	687	41	recognize	recognize	VERB
ftr-463	687	42	gain	gain	NOUN
ftr-463	687	43	or	or	CCONJ
ftr-463	687	44	loss	loss	NOUN
ftr-463	687	45	with	with	ADP
ftr-463	687	46	respect	respect	NOUN
ftr-463	687	47	to	to	ADP
ftr-463	687	48	acquiror	acquiror	NOUN
ftr-463	687	49	stock	stock	NOUN
ftr-463	687	50	):	):	PUNCT
ftr-463	687	51	§	§	PROPN
ftr-463	687	52	356(a	356(a	PROPN
ftr-463	687	53	)	)	PUNCT
ftr-463	687	54	,	,	PUNCT
ftr-463	687	55	(	(	PUNCT
ftr-463	687	56	c	c	X
ftr-463	687	57	)	)	PUNCT
ftr-463	687	58	(	(	PUNCT
ftr-463	687	59	target	target	NOUN
ftr-463	687	60	shareholders	shareholder	NOUN
ftr-463	687	61	recognize	recognize	VERB
ftr-463	687	62	gain	gain	NOUN
ftr-463	687	63	,	,	PUNCT
ftr-463	687	64	but	but	CCONJ
ftr-463	687	65	not	not	PART
ftr-463	687	66	loss	loss	NOUN
ftr-463	687	67	,	,	PUNCT
ftr-463	687	68	with	with	ADP
ftr-463	687	69	respect	respect	NOUN
ftr-463	687	70	to	to	ADP
ftr-463	687	71	parent	parent	NOUN
ftr-463	687	72	stock	stock	NOUN
ftr-463	687	73	)	)	PUNCT
ftr-463	687	74	;	;	PUNCT
ftr-463	687	75	§	§	PROPN
ftr-463	687	76	362(b	362(b	PROPN
ftr-463	687	77	)	)	PUNCT
ftr-463	687	78	(	(	PUNCT
ftr-463	687	79	basis	basis	NOUN
ftr-463	687	80	to	to	ADP
ftr-463	687	81	acquiror	acquiror	NOUN
ftr-463	687	82	)	)	PUNCT
ftr-463	687	83	.	.	PUNCT
ftr-463	688	1	106	106	NUM
ftr-463	688	2	.	.	PUNCT
ftr-463	689	1	see	see	VERB
ftr-463	689	2	g.c.m	g.c.m	NOUN
ftr-463	689	3	.	.	PUNCT
ftr-463	690	1	39150	39150	NUM
ftr-463	690	2	(	(	PUNCT
ftr-463	690	3	mar	mar	PROPN
ftr-463	690	4	.	.	PROPN
ftr-463	690	5	1	1	NUM
ftr-463	690	6	,	,	PUNCT
ftr-463	690	7	1984	1984	NUM
ftr-463	690	8	)	)	PUNCT
ftr-463	690	9	;	;	PUNCT
ftr-463	690	10	g.c.m	g.c.m	X
ftr-463	690	11	.	.	PROPN
ftr-463	690	12	35117	35117	NUM
ftr-463	690	13	(	(	PUNCT
ftr-463	690	14	nov	nov	PROPN
ftr-463	690	15	.	.	PROPN
ftr-463	690	16	15	15	NUM
ftr-463	690	17	.	.	NOUN
ftr-463	690	18	1972	1972	NUM
ftr-463	690	19	)	)	PUNCT
ftr-463	690	20	.	.	PUNCT
ftr-463	691	1	see	see	VERB
ftr-463	691	2	generally	generally	ADV
ftr-463	691	3	alfred	alfred	PROPN
ftr-463	691	4	d.	d.	PROPN
ftr-463	691	5	youngwood	youngwood	PROPN
ftr-463	691	6	&	&	CCONJ
ftr-463	691	7	deborah	deborah	PROPN
ftr-463	691	8	b.	b.	PROPN
ftr-463	691	9	weiss	weiss	PROPN
ftr-463	691	10	,	,	PUNCT
ftr-463	691	11	partners	partner	NOUN
ftr-463	691	12	and	and	CCONJ
ftr-463	691	13	partnerships	partnership	NOUN
ftr-463	691	14	-	-	PUNCT
ftr-463	691	15	aggregate	aggregate	NOUN
ftr-463	691	16	vs.	vs.	ADP
ftr-463	691	17	entity	entity	NOUN
ftr-463	691	18	outside	outside	ADP
ftr-463	691	19	of	of	ADP
ftr-463	691	20	subchapter	subchapter	PROPN
ftr-463	691	21	k	k	PROPN
ftr-463	691	22	,	,	PUNCT
ftr-463	691	23	48	48	NUM
ftr-463	691	24	tax	tax	NOUN
ftr-463	691	25	law	law	NOUN
ftr-463	691	26	.	.	PUNCT
ftr-463	692	1	,	,	PUNCT
ftr-463	692	2	39	39	NUM
ftr-463	692	3	,	,	PUNCT
ftr-463	692	4	57	57	NUM
ftr-463	692	5	-	-	SYM
ftr-463	692	6	60	60	NUM
ftr-463	692	7	(	(	PUNCT
ftr-463	692	8	1994	1994	NUM
ftr-463	692	9	)	)	PUNCT
ftr-463	692	10	.	.	PUNCT
ftr-463	693	1	a	a	DET
ftr-463	693	2	service	service	NOUN
ftr-463	693	3	official	official	NOUN
ftr-463	693	4	recently	recently	ADV
ftr-463	693	5	stated	state	VERB
ftr-463	693	6	that	that	SCONJ
ftr-463	693	7	g.c.m	g.c.m	NOUN
ftr-463	693	8	.	.	PUNCT
ftr-463	694	1	39150	39150	NUM
ftr-463	694	2	and	and	CCONJ
ftr-463	694	3	35177	35177	NUM
ftr-463	694	4	are	be	AUX
ftr-463	694	5	under	under	ADP
ftr-463	694	6	reconsideration	reconsideration	NOUN
ftr-463	694	7	.	.	PUNCT
ftr-463	695	1	see	see	VERB
ftr-463	695	2	juliann	juliann	PROPN
ftr-463	695	3	avakian	avakian	PROPN
ftr-463	695	4	martin	martin	PROPN
ftr-463	695	5	,	,	PUNCT
ftr-463	695	6	irs	irs	PROPN
ftr-463	695	7	considers	consider	VERB
ftr-463	695	8	guidance	guidance	NOUN
ftr-463	695	9	on	on	ADP
ftr-463	695	10	post	post	NOUN
ftr-463	695	11	reorganization	reorganization	NOUN
ftr-463	695	12	sales	sale	NOUN
ftr-463	695	13	and	and	CCONJ
ftr-463	695	14	continuity	continuity	NOUN
ftr-463	695	15	of	of	ADP
ftr-463	695	16	interest	interest	NOUN
ftr-463	695	17	,	,	PUNCT
ftr-463	695	18	96	96	NUM
ftr-463	695	19	tnt	tnt	PROPN
ftr-463	695	20	55	55	NUM
ftr-463	695	21	-	-	SYM
ftr-463	695	22	9	9	NUM
ftr-463	695	23	(	(	PUNCT
ftr-463	695	24	mar	mar	PROPN
ftr-463	695	25	.	.	PROPN
ftr-463	695	26	19	19	NUM
ftr-463	695	27	,	,	PUNCT
ftr-463	695	28	1996	1996	NUM
ftr-463	695	29	)	)	PUNCT
ftr-463	695	30	(	(	PUNCT
ftr-463	695	31	lexis	lexis	X
ftr-463	695	32	,	,	PUNCT
ftr-463	695	33	fedtax	fedtax	NOUN
ftr-463	695	34	library	library	NOUN
ftr-463	695	35	,	,	PUNCT
ftr-463	695	36	tnt	tnt	NOUN
ftr-463	695	37	file	file	NOUN
ftr-463	695	38	)	)	PUNCT
ftr-463	695	39	(	(	PUNCT
ftr-463	695	40	quoting	quote	VERB
ftr-463	695	41	nelson	nelson	PROPN
ftr-463	695	42	f.	f.	PROPN
ftr-463	695	43	crouch	crouch	PROPN
ftr-463	695	44	,	,	PUNCT
ftr-463	695	45	chief	chief	NOUN
ftr-463	695	46	of	of	ADP
ftr-463	695	47	branch	branch	NOUN
ftr-463	695	48	1	1	NUM
ftr-463	695	49	:	:	PUNCT
ftr-463	695	50	"	"	PUNCT
ftr-463	695	51	the	the	DET
ftr-463	695	52	gcms	gcms	NOUN
ftr-463	695	53	are	be	AUX
ftr-463	695	54	out	out	ADV
ftr-463	695	55	there	there	ADV
ftr-463	695	56	...	...	PUNCT
ftr-463	695	57	and	and	CCONJ
ftr-463	695	58	we	we	PRON
ftr-463	695	59	do	do	AUX
ftr-463	695	60	n't	not	PART
ftr-463	695	61	like	like	VERB
ftr-463	695	62	them	they	PRON
ftr-463	695	63	anymore	anymore	ADV
ftr-463	695	64	"	"	PUNCT
ftr-463	695	65	)	)	PUNCT
ftr-463	695	66	.	.	PUNCT
ftr-463	696	1	107	107	NUM
ftr-463	696	2	.	.	PUNCT
ftr-463	696	3	g.c.m	g.c.m	PROPN
ftr-463	696	4	.	.	PROPN
ftr-463	696	5	39150	39150	NUM
ftr-463	696	6	(	(	PUNCT
ftr-463	696	7	mar	mar	PROPN
ftr-463	696	8	.	.	PROPN
ftr-463	696	9	1	1	NUM
ftr-463	696	10	,	,	PUNCT
ftr-463	696	11	1984	1984	NUM
ftr-463	696	12	)	)	PUNCT
ftr-463	696	13	.	.	PUNCT
ftr-463	697	1	108	108	NUM
ftr-463	697	2	.	.	PUNCT
ftr-463	697	3	regs	reg	NOUN
ftr-463	697	4	.	.	PUNCT
ftr-463	698	1	§	§	PROPN
ftr-463	698	2	1.702	1.702	NUM
ftr-463	698	3	-	-	SYM
ftr-463	698	4	1	1	NUM
ftr-463	698	5	.	.	NUM
ftr-463	698	6	109	109	NUM
ftr-463	698	7	.	.	PUNCT
ftr-463	698	8	see	see	VERB
ftr-463	698	9	g.c.m	g.c.m	NOUN
ftr-463	698	10	.	.	PUNCT
ftr-463	699	1	39150	39150	NUM
ftr-463	699	2	(	(	PUNCT
ftr-463	699	3	mar	mar	PROPN
ftr-463	699	4	.	.	PROPN
ftr-463	699	5	1	1	NUM
ftr-463	699	6	,	,	PUNCT
ftr-463	699	7	1984	1984	NUM
ftr-463	699	8	)	)	PUNCT
ftr-463	699	9	(	(	PUNCT
ftr-463	699	10	discussing	discuss	VERB
ftr-463	699	11	continuity	continuity	NOUN
ftr-463	699	12	in	in	ADP
ftr-463	699	13	the	the	DET
ftr-463	699	14	context	context	NOUN
ftr-463	699	15	of	of	ADP
ftr-463	699	16	a	a	DET
ftr-463	699	17	partnership	partnership	NOUN
ftr-463	699	18	whose	whose	DET
ftr-463	699	19	partners	partner	NOUN
ftr-463	699	20	are	be	AUX
ftr-463	699	21	the	the	DET
ftr-463	699	22	corporate	corporate	ADJ
ftr-463	699	23	subsidiaries	subsidiary	NOUN
ftr-463	699	24	of	of	ADP
ftr-463	699	25	a	a	DET
ftr-463	699	26	single	single	ADJ
ftr-463	699	27	parent	parent	NOUN
ftr-463	699	28	)	)	PUNCT
ftr-463	699	29	.	.	PUNCT
ftr-463	700	1	florida	florida	PROPN
ftr-463	700	2	tax	tax	PROPN
ftr-463	700	3	review	review	NOUN
ftr-463	700	4	sections	section	NOUN
ftr-463	700	5	368(a)(2)(c	368(a)(2)(c	NUM
ftr-463	700	6	)	)	PUNCT
ftr-463	700	7	and	and	CCONJ
ftr-463	700	8	368(a)(2)(d	368(a)(2)(d	NUM
ftr-463	700	9	)	)	PUNCT
ftr-463	700	10	can	can	AUX
ftr-463	700	11	be	be	AUX
ftr-463	700	12	used	use	VERB
ftr-463	700	13	concurrently	concurrently	ADV
ftr-463	700	14	to	to	PART
ftr-463	700	15	achieve	achieve	VERB
ftr-463	700	16	tax	tax	NOUN
ftr-463	700	17	-	-	PUNCT
ftr-463	700	18	free	free	ADJ
ftr-463	700	19	treatment	treatment	NOUN
ftr-463	700	20	.	.	PUNCT
ftr-463	700	21	"	"	PUNCT
ftr-463	701	1	10	10	NUM
ftr-463	701	2	in	in	ADP
ftr-463	701	3	addition	addition	NOUN
ftr-463	701	4	,	,	PUNCT
ftr-463	701	5	the	the	DET
ftr-463	701	6	service	service	NOUN
ftr-463	701	7	regards	regard	VERB
ftr-463	701	8	pre	pre	ADJ
ftr-463	701	9	-	-	ADJ
ftr-463	701	10	transaction	transaction	ADJ
ftr-463	701	11	drop	drop	NOUN
ftr-463	701	12	-	-	PUNCT
ftr-463	701	13	downs	down	NOUN
ftr-463	701	14	by	by	ADP
ftr-463	701	15	a	a	DET
ftr-463	701	16	target	target	NOUN
ftr-463	701	17	as	as	ADP
ftr-463	701	18	analytically	analytically	ADV
ftr-463	701	19	indistinguishable	indistinguishable	ADJ
ftr-463	701	20	from	from	ADP
ftr-463	701	21	the	the	DET
ftr-463	701	22	post	post	ADJ
ftr-463	701	23	-	-	ADJ
ftr-463	701	24	transaction	transaction	ADJ
ftr-463	701	25	drop	drop	NOUN
ftr-463	701	26	-	-	PUNCT
ftr-463	701	27	down	down	NOUN
ftr-463	701	28	at	at	ADP
ftr-463	701	29	issue	issue	NOUN
ftr-463	701	30	in	in	ADP
ftr-463	701	31	anheuser	anheuser	NOUN
ftr-463	701	32	-	-	PUNCT
ftr-463	701	33	busch	busch	NOUN
ftr-463	701	34	.	.	PUNCT
ftr-463	702	1	arguably	arguably	ADV
ftr-463	702	2	,	,	PUNCT
ftr-463	702	3	pre	pre	ADJ
ftr-463	702	4	-	-	ADJ
ftr-463	702	5	transaction	transaction	ADJ
ftr-463	702	6	drop	drop	NOUN
ftr-463	702	7	-	-	PUNCT
ftr-463	702	8	downs	down	NOUN
ftr-463	702	9	are	be	AUX
ftr-463	702	10	a	a	DET
ftr-463	702	11	step	step	NOUN
ftr-463	702	12	removed	remove	VERB
ftr-463	702	13	from	from	ADP
ftr-463	702	14	anheuser	anheuser	NOUN
ftr-463	702	15	-	-	PUNCT
ftr-463	702	16	busch	busch	PROPN
ftr-463	702	17	,	,	PUNCT
ftr-463	702	18	and	and	CCONJ
ftr-463	702	19	two	two	NUM
ftr-463	702	20	steps	step	NOUN
ftr-463	702	21	away	away	ADV
ftr-463	702	22	from	from	ADP
ftr-463	702	23	bashford	bashford	NOUN
ftr-463	702	24	,	,	PUNCT
ftr-463	702	25	because	because	SCONJ
ftr-463	702	26	there	there	PRON
ftr-463	702	27	is	be	VERB
ftr-463	702	28	no	no	DET
ftr-463	702	29	doubt	doubt	NOUN
ftr-463	702	30	that	that	SCONJ
ftr-463	702	31	the	the	DET
ftr-463	702	32	acquiror	acquiror	NOUN
ftr-463	702	33	is	be	AUX
ftr-463	702	34	the	the	DET
ftr-463	702	35	true	true	ADJ
ftr-463	702	36	acquiror	acquiror	NOUN
ftr-463	702	37	and	and	CCONJ
ftr-463	702	38	not	not	PART
ftr-463	702	39	a	a	DET
ftr-463	702	40	broker	broker	NOUN
ftr-463	702	41	for	for	ADP
ftr-463	702	42	its	its	PRON
ftr-463	702	43	subsidiary	subsidiary	NOUN
ftr-463	702	44	,	,	PUNCT
ftr-463	702	45	as	as	SCONJ
ftr-463	702	46	the	the	DET
ftr-463	702	47	court	court	NOUN
ftr-463	702	48	found	find	VERB
ftr-463	702	49	in	in	ADP
ftr-463	702	50	bashford	bashford	NOUN
ftr-463	702	51	.	.	PUNCT
ftr-463	703	1	however	however	ADV
ftr-463	703	2	,	,	PUNCT
ftr-463	703	3	if	if	SCONJ
ftr-463	703	4	one	one	PRON
ftr-463	703	5	accepts	accept	VERB
ftr-463	703	6	the	the	DET
ftr-463	703	7	anheuser	anheuser	PROPN
ftr-463	703	8	-	-	PUNCT
ftr-463	703	9	busch	busch	PROPN
ftr-463	703	10	expansion	expansion	NOUN
ftr-463	703	11	of	of	ADP
ftr-463	703	12	groman	groman	NOUN
ftr-463	703	13	-	-	PUNCT
ftr-463	703	14	bashford	bashford	NOUN
ftr-463	703	15	,	,	PUNCT
ftr-463	703	16	treating	treat	VERB
ftr-463	703	17	parent	parent	NOUN
ftr-463	703	18	stock	stock	NOUN
ftr-463	703	19	as	as	ADP
ftr-463	703	20	other	other	ADJ
ftr-463	703	21	property	property	NOUN
ftr-463	703	22	in	in	ADP
ftr-463	703	23	a	a	DET
ftr-463	703	24	post	post	ADJ
ftr-463	703	25	-	-	ADJ
ftr-463	703	26	reorganization	reorganization	ADJ
ftr-463	703	27	drop	drop	NOUN
ftr-463	703	28	-	-	PUNCT
ftr-463	703	29	down	down	NOUN
ftr-463	703	30	of	of	ADP
ftr-463	703	31	the	the	DET
ftr-463	703	32	target	target	NOUN
ftr-463	703	33	's	's	PART
ftr-463	703	34	assets	asset	NOUN
ftr-463	703	35	to	to	ADP
ftr-463	703	36	a	a	DET
ftr-463	703	37	subsidiary	subsidiary	NOUN
ftr-463	703	38	,	,	PUNCT
ftr-463	703	39	there	there	PRON
ftr-463	703	40	is	be	VERB
ftr-463	703	41	some	some	DET
ftr-463	703	42	merit	merit	NOUN
ftr-463	703	43	to	to	ADP
ftr-463	703	44	the	the	DET
ftr-463	703	45	service	service	NOUN
ftr-463	703	46	's	's	PART
ftr-463	703	47	conclusion	conclusion	NOUN
ftr-463	703	48	that	that	SCONJ
ftr-463	703	49	the	the	DET
ftr-463	703	50	same	same	ADJ
ftr-463	703	51	result	result	NOUN
ftr-463	703	52	should	should	AUX
ftr-463	703	53	obtain	obtain	VERB
ftr-463	703	54	in	in	ADP
ftr-463	703	55	a	a	DET
ftr-463	703	56	pre	pre	ADJ
ftr-463	703	57	-	-	ADJ
ftr-463	703	58	transaction	transaction	ADJ
ftr-463	703	59	drop	drop	NOUN
ftr-463	703	60	-	-	PUNCT
ftr-463	703	61	down	down	NOUN
ftr-463	703	62	.	.	PUNCT
ftr-463	704	1	as	as	ADP
ftr-463	704	2	a	a	DET
ftr-463	704	3	conceptual	conceptual	ADJ
ftr-463	704	4	matter	matter	NOUN
ftr-463	704	5	,	,	PUNCT
ftr-463	704	6	however	however	ADV
ftr-463	704	7	,	,	PUNCT
ftr-463	704	8	in	in	ADP
ftr-463	704	9	keeping	keep	VERB
ftr-463	704	10	with	with	ADP
ftr-463	704	11	gromnan	gromnan	NOUN
ftr-463	704	12	and	and	CCONJ
ftr-463	704	13	bashford	bashford	NOUN
ftr-463	704	14	,	,	PUNCT
ftr-463	704	15	the	the	DET
ftr-463	704	16	issue	issue	NOUN
ftr-463	704	17	should	should	AUX
ftr-463	704	18	be	be	AUX
ftr-463	704	19	whether	whether	SCONJ
ftr-463	704	20	the	the	DET
ftr-463	704	21	target	target	NOUN
ftr-463	704	22	or	or	CCONJ
ftr-463	704	23	target	target	NOUN
ftr-463	704	24	's	's	PART
ftr-463	704	25	partnership	partnership	NOUN
ftr-463	704	26	is	be	AUX
ftr-463	704	27	the	the	DET
ftr-463	704	28	true	true	ADJ
ftr-463	704	29	"	"	PUNCT
ftr-463	704	30	party	party	NOUN
ftr-463	704	31	to	to	ADP
ftr-463	704	32	the	the	DET
ftr-463	704	33	reorganization	reorganization	NOUN
ftr-463	704	34	,	,	PUNCT
ftr-463	704	35	"	"	PUNCT
ftr-463	704	36	and	and	CCONJ
ftr-463	704	37	not	not	PART
ftr-463	704	38	whether	whether	SCONJ
ftr-463	704	39	the	the	DET
ftr-463	704	40	transaction	transaction	NOUN
ftr-463	704	41	lacks	lack	VERB
ftr-463	704	42	continuity	continuity	NOUN
ftr-463	704	43	.	.	PUNCT
ftr-463	705	1	1	1	NUM
ftr-463	705	2	'	'	PUNCT
ftr-463	705	3	the	the	DET
ftr-463	705	4	original	original	ADJ
ftr-463	705	5	continuity	continuity	NOUN
ftr-463	705	6	of	of	ADP
ftr-463	705	7	interest	interest	NOUN
ftr-463	705	8	doctrine	doctrine	NOUN
ftr-463	705	9	,	,	PUNCT
ftr-463	705	10	as	as	SCONJ
ftr-463	705	11	expressed	express	VERB
ftr-463	705	12	in	in	ADP
ftr-463	705	13	pinellas	pinellas	PROPN
ftr-463	705	14	and	and	CCONJ
ftr-463	705	15	cortland	cortland	PROPN
ftr-463	705	16	,	,	PUNCT
ftr-463	705	17	is	be	AUX
ftr-463	705	18	singularly	singularly	ADV
ftr-463	705	19	concerned	concerned	ADJ
ftr-463	705	20	with	with	ADP
ftr-463	705	21	the	the	DET
ftr-463	705	22	nature	nature	NOUN
ftr-463	705	23	of	of	ADP
ftr-463	705	24	the	the	DET
ftr-463	705	25	consideration	consideration	NOUN
ftr-463	705	26	and	and	CCONJ
ftr-463	705	27	not	not	PART
ftr-463	705	28	with	with	ADP
ftr-463	705	29	its	its	PRON
ftr-463	705	30	spacial	spacial	ADJ
ftr-463	705	31	relationship	relationship	NOUN
ftr-463	705	32	to	to	PART
ftr-463	705	33	target	target	VERB
ftr-463	705	34	's	's	PART
ftr-463	705	35	assets	asset	NOUN
ftr-463	705	36	.	.	PUNCT
ftr-463	706	1	c.	c.	PROPN
ftr-463	706	2	post	post	ADJ
ftr-463	706	3	-	-	ADJ
ftr-463	706	4	reorganization	reorganization	ADJ
ftr-463	706	5	target	target	NOUN
ftr-463	706	6	shareholder	shareholder	NOUN
ftr-463	706	7	conduct	conduct	NOUN
ftr-463	706	8	perhaps	perhaps	ADV
ftr-463	706	9	the	the	DET
ftr-463	706	10	most	most	ADV
ftr-463	706	11	significant	significant	ADJ
ftr-463	706	12	expansion	expansion	NOUN
ftr-463	706	13	of	of	ADP
ftr-463	706	14	the	the	DET
ftr-463	706	15	continuity	continuity	NOUN
ftr-463	706	16	of	of	ADP
ftr-463	706	17	interest	interest	NOUN
ftr-463	706	18	doctrine	doctrine	NOUN
ftr-463	706	19	is	be	AUX
ftr-463	706	20	its	its	PRON
ftr-463	706	21	use	use	NOUN
ftr-463	706	22	to	to	PART
ftr-463	706	23	disqualify	disqualify	VERB
ftr-463	706	24	a	a	DET
ftr-463	706	25	reorganization	reorganization	NOUN
ftr-463	706	26	based	base	VERB
ftr-463	706	27	on	on	ADP
ftr-463	706	28	target	target	NOUN
ftr-463	706	29	shareholders	shareholder	NOUN
ftr-463	706	30	'	'	PART
ftr-463	706	31	intent	intent	NOUN
ftr-463	706	32	and	and	CCONJ
ftr-463	706	33	subsequent	subsequent	ADJ
ftr-463	706	34	conduct	conduct	NOUN
ftr-463	706	35	.	.	PUNCT
ftr-463	707	1	heintz	heintz	PROPN
ftr-463	708	1	v.	v.	PROPN
ftr-463	708	2	commissioner	commissioner	PROPN
ftr-463	708	3	'	'	PART
ftr-463	708	4	2	2	NUM
ftr-463	708	5	was	be	AUX
ftr-463	708	6	apparently	apparently	ADV
ftr-463	708	7	the	the	DET
ftr-463	708	8	earliest	early	ADJ
ftr-463	708	9	decision	decision	NOUN
ftr-463	708	10	to	to	PART
ftr-463	708	11	take	take	VERB
ftr-463	708	12	this	this	DET
ftr-463	708	13	uneasy	uneasy	ADJ
ftr-463	708	14	step	step	NOUN
ftr-463	708	15	,	,	PUNCT
ftr-463	708	16	and	and	CCONJ
ftr-463	708	17	the	the	DET
ftr-463	708	18	principle	principle	NOUN
ftr-463	708	19	was	be	AUX
ftr-463	708	20	firmly	firmly	ADV
ftr-463	708	21	110	110	NUM
ftr-463	708	22	.	.	PUNCT
ftr-463	709	1	see	see	VERB
ftr-463	709	2	,	,	PUNCT
ftr-463	709	3	e.g.	e.g.	ADV
ftr-463	709	4	,	,	PUNCT
ftr-463	709	5	rev	rev	PROPN
ftr-463	709	6	.	.	PROPN
ftr-463	709	7	rul	rul	PROPN
ftr-463	709	8	.	.	PUNCT
ftr-463	710	1	74	74	NUM
ftr-463	710	2	-	-	SYM
ftr-463	710	3	564	564	NUM
ftr-463	710	4	,	,	PUNCT
ftr-463	710	5	1974	1974	NUM
ftr-463	710	6	-	-	SYM
ftr-463	710	7	2	2	NUM
ftr-463	710	8	c.b	c.b	PROPN
ftr-463	710	9	.	.	PROPN
ftr-463	710	10	124	124	NUM
ftr-463	710	11	(	(	PUNCT
ftr-463	710	12	use	use	NOUN
ftr-463	710	13	of	of	ADP
ftr-463	710	14	grandparent	grandparent	ADJ
ftr-463	710	15	stock	stock	NOUN
ftr-463	710	16	does	do	AUX
ftr-463	710	17	not	not	PART
ftr-463	710	18	qualify	qualify	VERB
ftr-463	710	19	under	under	ADP
ftr-463	710	20	§	§	PROPN
ftr-463	710	21	368(a)(2)(e	368(a)(2)(e	PROPN
ftr-463	710	22	)	)	PUNCT
ftr-463	710	23	;	;	PUNCT
ftr-463	710	24	transaction	transaction	NOUN
ftr-463	710	25	nevertheless	nevertheless	ADV
ftr-463	710	26	qualifies	qualify	VERB
ftr-463	710	27	as	as	ADP
ftr-463	710	28	a	a	DET
ftr-463	710	29	b	b	NOUN
ftr-463	710	30	reorganization	reorganization	NOUN
ftr-463	710	31	)	)	PUNCT
ftr-463	710	32	;	;	PUNCT
ftr-463	710	33	rev	rev	PROPN
ftr-463	710	34	.	.	PROPN
ftr-463	711	1	rul	rul	NOUN
ftr-463	711	2	.	.	PUNCT
ftr-463	712	1	74	74	NUM
ftr-463	712	2	-	-	SYM
ftr-463	712	3	565	565	NUM
ftr-463	712	4	,	,	PUNCT
ftr-463	712	5	1974	1974	NUM
ftr-463	712	6	-	-	SYM
ftr-463	712	7	2	2	NUM
ftr-463	712	8	c.b	c.b	PROPN
ftr-463	712	9	.	.	PROPN
ftr-463	712	10	125	125	NUM
ftr-463	712	11	(	(	PUNCT
ftr-463	712	12	same	same	ADJ
ftr-463	712	13	)	)	PUNCT
ftr-463	712	14	.	.	PUNCT
ftr-463	713	1	see	see	VERB
ftr-463	713	2	generally	generally	ADV
ftr-463	713	3	james	james	PROPN
ftr-463	713	4	a.	a.	PROPN
ftr-463	713	5	nitsche	nitsche	PROPN
ftr-463	713	6	,	,	PUNCT
ftr-463	713	7	asset	asset	NOUN
ftr-463	713	8	remoteness	remoteness	NOUN
ftr-463	713	9	problems	problem	NOUN
ftr-463	713	10	persist	persist	VERB
ftr-463	713	11	in	in	ADP
ftr-463	713	12	affiliated	affiliated	ADJ
ftr-463	713	13	group	group	NOUN
ftr-463	713	14	acquisitive	acquisitive	ADJ
ftr-463	713	15	reorganizations	reorganization	NOUN
ftr-463	713	16	,	,	PUNCT
ftr-463	713	17	83	83	NUM
ftr-463	713	18	j.	j.	NOUN
ftr-463	713	19	tax'n	tax'n	ADP
ftr-463	713	20	94	94	NUM
ftr-463	713	21	(	(	PUNCT
ftr-463	713	22	1995	1995	NUM
ftr-463	713	23	)	)	PUNCT
ftr-463	713	24	;	;	PUNCT
ftr-463	713	25	robert	robert	PROPN
ftr-463	713	26	a.	a.	PROPN
ftr-463	713	27	rizzi	rizzi	PROPN
ftr-463	713	28	,	,	PUNCT
ftr-463	713	29	continuity	continuity	NOUN
ftr-463	713	30	of	of	ADP
ftr-463	713	31	interest	interest	NOUN
ftr-463	713	32	and	and	CCONJ
ftr-463	713	33	reorganizations	reorganization	NOUN
ftr-463	713	34	:	:	PUNCT
ftr-463	713	35	toward	toward	ADP
ftr-463	713	36	a	a	DET
ftr-463	713	37	unified	unified	ADJ
ftr-463	713	38	theory	theory	NOUN
ftr-463	713	39	,	,	PUNCT
ftr-463	713	40	17	17	NUM
ftr-463	713	41	j.	j.	PROPN
ftr-463	713	42	corp	corp	PROPN
ftr-463	713	43	.	.	PROPN
ftr-463	713	44	tax'n	tax'n	PROPN
ftr-463	713	45	362	362	NUM
ftr-463	713	46	,	,	PUNCT
ftr-463	713	47	366	366	NUM
ftr-463	713	48	-	-	SYM
ftr-463	713	49	68	68	NUM
ftr-463	713	50	(	(	PUNCT
ftr-463	713	51	1991	1991	NUM
ftr-463	713	52	)	)	PUNCT
ftr-463	713	53	.	.	PUNCT
ftr-463	714	1	thus	thus	ADV
ftr-463	714	2	,	,	PUNCT
ftr-463	714	3	apparently	apparently	ADV
ftr-463	714	4	,	,	PUNCT
ftr-463	714	5	a	a	DET
ftr-463	714	6	direct	direct	ADJ
ftr-463	714	7	merger	merger	NOUN
ftr-463	714	8	of	of	ADP
ftr-463	714	9	the	the	DET
ftr-463	714	10	target	target	NOUN
ftr-463	714	11	into	into	ADP
ftr-463	714	12	a	a	DET
ftr-463	714	13	secondtier	secondtier	NOUN
ftr-463	714	14	subsidiary	subsidiary	NOUN
ftr-463	714	15	for	for	ADP
ftr-463	714	16	grandparent	grandparent	ADJ
ftr-463	714	17	stock	stock	NOUN
ftr-463	714	18	may	may	AUX
ftr-463	714	19	be	be	AUX
ftr-463	714	20	taxable	taxable	ADJ
ftr-463	714	21	,	,	PUNCT
ftr-463	714	22	but	but	CCONJ
ftr-463	714	23	a	a	DET
ftr-463	714	24	merger	merger	NOUN
ftr-463	714	25	of	of	ADP
ftr-463	714	26	the	the	DET
ftr-463	714	27	target	target	NOUN
ftr-463	714	28	into	into	ADP
ftr-463	714	29	a	a	DET
ftr-463	714	30	first	first	ADJ
ftr-463	714	31	-	-	PUNCT
ftr-463	714	32	tier	tier	NOUN
ftr-463	714	33	subsidiary	subsidiary	NOUN
ftr-463	714	34	for	for	ADP
ftr-463	714	35	parent	parent	NOUN
ftr-463	714	36	stock	stock	NOUN
ftr-463	714	37	,	,	PUNCT
ftr-463	714	38	followed	follow	VERB
ftr-463	714	39	by	by	ADP
ftr-463	714	40	a	a	DET
ftr-463	714	41	drop	drop	NOUN
ftr-463	714	42	-	-	PUNCT
ftr-463	714	43	down	down	NOUN
ftr-463	714	44	of	of	ADP
ftr-463	714	45	target	target	NOUN
ftr-463	714	46	assets	asset	NOUN
ftr-463	714	47	into	into	ADP
ftr-463	714	48	a	a	DET
ftr-463	714	49	second	second	ADJ
ftr-463	714	50	-	-	PUNCT
ftr-463	714	51	tier	tier	NOUN
ftr-463	714	52	subsidiary	subsidiary	NOUN
ftr-463	714	53	,	,	PUNCT
ftr-463	714	54	is	be	AUX
ftr-463	714	55	generally	generally	ADV
ftr-463	714	56	tax	tax	NOUN
ftr-463	714	57	-	-	PUNCT
ftr-463	714	58	free	free	ADJ
ftr-463	714	59	.	.	PUNCT
ftr-463	715	1	see	see	VERB
ftr-463	715	2	,	,	PUNCT
ftr-463	715	3	e.g.	e.g.	ADV
ftr-463	715	4	,	,	PUNCT
ftr-463	715	5	rev	rev	PROPN
ftr-463	715	6	.	.	PROPN
ftr-463	716	1	rul	rul	PROPN
ftr-463	716	2	.	.	PUNCT
ftr-463	717	1	64	64	NUM
ftr-463	717	2	-	-	SYM
ftr-463	717	3	73	73	NUM
ftr-463	717	4	,	,	PUNCT
ftr-463	717	5	1964	1964	NUM
ftr-463	717	6	-	-	SYM
ftr-463	717	7	1	1	NUM
ftr-463	717	8	c.b	c.b	PROPN
ftr-463	717	9	.	.	PROPN
ftr-463	717	10	142	142	NUM
ftr-463	717	11	.	.	PUNCT
ftr-463	718	1	cf	cf	X
ftr-463	718	2	.	.	PUNCT
ftr-463	719	1	rev	rev	PROPN
ftr-463	719	2	.	.	PUNCT
ftr-463	720	1	rul	rul	PROPN
ftr-463	720	2	.	.	PUNCT
ftr-463	721	1	83	83	NUM
ftr-463	721	2	-	-	SYM
ftr-463	721	3	34	34	NUM
ftr-463	721	4	,	,	PUNCT
ftr-463	721	5	1983	1983	NUM
ftr-463	721	6	-	-	SYM
ftr-463	721	7	1	1	NUM
ftr-463	721	8	c.b	c.b	PROPN
ftr-463	721	9	.	.	PROPN
ftr-463	721	10	79	79	NUM
ftr-463	721	11	(	(	PUNCT
ftr-463	721	12	successive	successive	ADJ
ftr-463	721	13	§	§	PROPN
ftr-463	721	14	351	351	NUM
ftr-463	721	15	drop	drop	NOUN
ftr-463	721	16	-	-	PUNCT
ftr-463	721	17	downs	down	NOUN
ftr-463	721	18	are	be	AUX
ftr-463	721	19	permissible	permissible	ADJ
ftr-463	721	20	)	)	PUNCT
ftr-463	721	21	;	;	PUNCT
ftr-463	721	22	rev	rev	PROPN
ftr-463	721	23	.	.	PROPN
ftr-463	722	1	rul	rul	PROPN
ftr-463	722	2	.	.	PUNCT
ftr-463	723	1	77	77	NUM
ftr-463	723	2	-	-	SYM
ftr-463	723	3	449	449	NUM
ftr-463	723	4	,	,	PUNCT
ftr-463	723	5	19772	19772	NUM
ftr-463	723	6	c.b	c.b	PROPN
ftr-463	723	7	.	.	PROPN
ftr-463	723	8	110	110	NUM
ftr-463	723	9	(	(	PUNCT
ftr-463	723	10	same	same	ADJ
ftr-463	723	11	)	)	PUNCT
ftr-463	723	12	.	.	PUNCT
ftr-463	724	1	111	111	NUM
ftr-463	724	2	.	.	PUNCT
ftr-463	725	1	in	in	ADP
ftr-463	725	2	commissioner	commissioner	NOUN
ftr-463	725	3	v.	v.	CCONJ
ftr-463	725	4	first	first	PROPN
ftr-463	725	5	nat'l	nat'l	PROPN
ftr-463	725	6	bank	bank	NOUN
ftr-463	725	7	,	,	PUNCT
ftr-463	725	8	104	104	NUM
ftr-463	725	9	f.2d	f.2d	NUM
ftr-463	725	10	865	865	NUM
ftr-463	725	11	(	(	PUNCT
ftr-463	725	12	3d	3d	NUM
ftr-463	725	13	cir	cir	NOUN
ftr-463	725	14	.	.	PROPN
ftr-463	725	15	1939	1939	NUM
ftr-463	725	16	)	)	PUNCT
ftr-463	725	17	,	,	PUNCT
ftr-463	725	18	the	the	DET
ftr-463	725	19	target	target	NOUN
ftr-463	725	20	transferred	transfer	VERB
ftr-463	725	21	86	86	NUM
ftr-463	725	22	%	%	NOUN
ftr-463	725	23	of	of	ADP
ftr-463	725	24	its	its	PRON
ftr-463	725	25	assets	asset	NOUN
ftr-463	725	26	to	to	ADP
ftr-463	725	27	a	a	DET
ftr-463	725	28	newly	newly	ADV
ftr-463	725	29	-	-	PUNCT
ftr-463	725	30	formed	form	VERB
ftr-463	725	31	acquiror	acquiror	NOUN
ftr-463	725	32	in	in	ADP
ftr-463	725	33	exchange	exchange	NOUN
ftr-463	725	34	for	for	ADP
ftr-463	725	35	acquiror	acquiror	NOUN
ftr-463	725	36	stock	stock	NOUN
ftr-463	725	37	and	and	CCONJ
ftr-463	725	38	,	,	PUNCT
ftr-463	725	39	pursuant	pursuant	ADJ
ftr-463	725	40	to	to	ADP
ftr-463	725	41	a	a	DET
ftr-463	725	42	plan	plan	NOUN
ftr-463	725	43	,	,	PUNCT
ftr-463	725	44	transferred	transfer	VERB
ftr-463	725	45	that	that	DET
ftr-463	725	46	acquiror	acquiror	NOUN
ftr-463	725	47	stock	stock	NOUN
ftr-463	725	48	to	to	ADP
ftr-463	725	49	the	the	DET
ftr-463	725	50	shareholders	shareholder	NOUN
ftr-463	725	51	of	of	ADP
ftr-463	725	52	acquiror	acquiror	NOUN
ftr-463	725	53	's	's	PART
ftr-463	725	54	parent	parent	NOUN
ftr-463	725	55	corporation	corporation	NOUN
ftr-463	725	56	for	for	ADP
ftr-463	725	57	parent	parent	NOUN
ftr-463	725	58	stock	stock	NOUN
ftr-463	725	59	.	.	PUNCT
ftr-463	726	1	the	the	DET
ftr-463	726	2	court	court	NOUN
ftr-463	726	3	held	hold	VERB
ftr-463	726	4	that	that	SCONJ
ftr-463	726	5	the	the	DET
ftr-463	726	6	target	target	NOUN
ftr-463	726	7	had	have	AUX
ftr-463	726	8	engaged	engage	VERB
ftr-463	726	9	in	in	ADP
ftr-463	726	10	a	a	DET
ftr-463	726	11	reorganization	reorganization	NOUN
ftr-463	726	12	but	but	CCONJ
ftr-463	726	13	,	,	PUNCT
ftr-463	726	14	under	under	ADP
ftr-463	726	15	groman	groman	NOUN
ftr-463	726	16	and	and	CCONJ
ftr-463	726	17	bashford	bashford	NOUN
ftr-463	726	18	,	,	PUNCT
ftr-463	726	19	the	the	DET
ftr-463	726	20	parent	parent	NOUN
ftr-463	726	21	was	be	AUX
ftr-463	726	22	not	not	PART
ftr-463	726	23	a	a	DET
ftr-463	726	24	party	party	NOUN
ftr-463	726	25	to	to	ADP
ftr-463	726	26	that	that	DET
ftr-463	726	27	reorganization	reorganization	NOUN
ftr-463	726	28	and	and	CCONJ
ftr-463	726	29	was	be	AUX
ftr-463	726	30	subject	subject	ADJ
ftr-463	726	31	to	to	ADP
ftr-463	726	32	tax	tax	NOUN
ftr-463	726	33	.	.	PUNCT
ftr-463	727	1	see	see	VERB
ftr-463	727	2	ballwood	ballwood	PROPN
ftr-463	727	3	co.	co.	PROPN
ftr-463	728	1	v.	v.	PROPN
ftr-463	728	2	commissioner	commissioner	PROPN
ftr-463	728	3	,	,	PUNCT
ftr-463	728	4	84	84	NUM
ftr-463	728	5	f.2d	f.2d	SYM
ftr-463	728	6	733	733	NUM
ftr-463	728	7	(	(	PUNCT
ftr-463	728	8	3d	3d	PROPN
ftr-463	728	9	cir	cir	NOUN
ftr-463	728	10	.	.	PUNCT
ftr-463	728	11	1936	1936	NUM
ftr-463	728	12	)	)	PUNCT
ftr-463	728	13	(	(	PUNCT
ftr-463	728	14	predating	predate	VERB
ftr-463	728	15	groman	groman	NOUN
ftr-463	728	16	and	and	CCONJ
ftr-463	728	17	bashford	bashford	NOUN
ftr-463	728	18	)	)	PUNCT
ftr-463	728	19	;	;	PUNCT
ftr-463	729	1	electrical	electrical	ADJ
ftr-463	729	2	sec	sec	PROPN
ftr-463	729	3	.	.	PROPN
ftr-463	729	4	corp	corp	PROPN
ftr-463	729	5	.	.	PROPN
ftr-463	730	1	v.	v.	PROPN
ftr-463	730	2	commissioner	commissioner	PROPN
ftr-463	730	3	,	,	PUNCT
ftr-463	730	4	92	92	NUM
ftr-463	730	5	f.2d	f.2d	NUM
ftr-463	730	6	593	593	NUM
ftr-463	730	7	(	(	PUNCT
ftr-463	730	8	2d	2d	NUM
ftr-463	730	9	cir	cir	NOUN
ftr-463	730	10	.	.	PUNCT
ftr-463	730	11	1937	1937	NUM
ftr-463	730	12	)	)	PUNCT
ftr-463	731	1	(	(	PUNCT
ftr-463	731	2	predating	predate	VERB
ftr-463	731	3	groman	groman	NOUN
ftr-463	731	4	and	and	CCONJ
ftr-463	731	5	bashford	bashford	NOUN
ftr-463	731	6	)	)	PUNCT
ftr-463	731	7	.	.	PUNCT
ftr-463	732	1	112	112	NUM
ftr-463	732	2	.	.	PUNCT
ftr-463	732	3	25	25	NUM
ftr-463	732	4	t.c	t.c	PROPN
ftr-463	732	5	.	.	PROPN
ftr-463	732	6	132	132	NUM
ftr-463	732	7	(	(	PUNCT
ftr-463	732	8	1955	1955	NUM
ftr-463	732	9	)	)	PUNCT
ftr-463	732	10	.	.	PUNCT
ftr-463	733	1	[	[	X
ftr-463	733	2	vol	vol	NOUN
ftr-463	733	3	3:5	3:5	NUM
ftr-463	733	4	1996	1996	NUM
ftr-463	733	5	]	]	PUNCT
ftr-463	733	6	devolution	devolution	NOUN
ftr-463	733	7	&	&	CCONJ
ftr-463	733	8	inevitable	inevitable	ADJ
ftr-463	733	9	ertinction	ertinction	NOUN
ftr-463	733	10	of	of	ADP
ftr-463	733	11	the	the	DET
ftr-463	733	12	continuirv	continuirv	NOUN
ftr-463	733	13	of	of	ADP
ftr-463	733	14	interest	interest	NOUN
ftr-463	733	15	doctrine	doctrine	NOUN
ftr-463	733	16	219	219	NUM
ftr-463	733	17	planted	plant	VERB
ftr-463	733	18	in	in	ADP
ftr-463	733	19	mcdonald	mcdonald	NOUN
ftr-463	733	20	's	's	PART
ftr-463	733	21	restaurants	restaurant	NOUN
ftr-463	733	22	of	of	ADP
ftr-463	733	23	illinois	illinois	PROPN
ftr-463	733	24	r.	r.	PROPN
ftr-463	733	25	commissioner	commissioner	PROPN
ftr-463	733	26	.	.	PUNCT
ftr-463	733	27	"	"	PUNCT
ftr-463	733	28	'	'	PUNCT
ftr-463	733	29	heintz	heintz	PROPN
ftr-463	733	30	and	and	CCONJ
ftr-463	733	31	mcdonald	mcdonald	PROPN
ftr-463	733	32	's	's	PART
ftr-463	733	33	involved	involve	VERB
ftr-463	733	34	similar	similar	ADJ
ftr-463	733	35	facts	fact	NOUN
ftr-463	733	36	:	:	PUNCT
ftr-463	733	37	target	target	VERB
ftr-463	733	38	shareholders	shareholder	NOUN
ftr-463	733	39	,	,	PUNCT
ftr-463	733	40	desiring	desire	VERB
ftr-463	733	41	cash	cash	NOUN
ftr-463	733	42	for	for	ADP
ftr-463	733	43	their	their	PRON
ftr-463	733	44	shares	share	NOUN
ftr-463	733	45	,	,	PUNCT
ftr-463	733	46	accepted	accept	VERB
ftr-463	733	47	acquiror	acquiror	NOUN
ftr-463	733	48	stock	stock	NOUN
ftr-463	733	49	on	on	ADP
ftr-463	733	50	the	the	DET
ftr-463	733	51	condition	condition	NOUN
ftr-463	733	52	that	that	SCONJ
ftr-463	733	53	the	the	DET
ftr-463	733	54	acquiror	acquiror	NOUN
ftr-463	733	55	assist	assist	VERB
ftr-463	733	56	them	they	PRON
ftr-463	733	57	in	in	ADP
ftr-463	733	58	selling	sell	VERB
ftr-463	733	59	the	the	DET
ftr-463	733	60	stock	stock	NOUN
ftr-463	733	61	to	to	ADP
ftr-463	733	62	unrelated	unrelated	ADJ
ftr-463	733	63	investors	investor	NOUN
ftr-463	733	64	shortly	shortly	ADV
ftr-463	733	65	thereafter	thereafter	ADV
ftr-463	733	66	.	.	PUNCT
ftr-463	733	67	"	"	PUNCT
ftr-463	734	1	4	4	NUM
ftr-463	734	2	the	the	DET
ftr-463	734	3	taxpayers	taxpayer	NOUN
ftr-463	734	4	in	in	ADP
ftr-463	734	5	each	each	DET
ftr-463	734	6	case	case	NOUN
ftr-463	734	7	drew	draw	VERB
ftr-463	734	8	the	the	DET
ftr-463	734	9	continuity	continuity	NOUN
ftr-463	734	10	sword	sword	NOUN
ftr-463	734	11	and	and	CCONJ
ftr-463	734	12	argued	argue	VERB
ftr-463	734	13	that	that	SCONJ
ftr-463	734	14	the	the	DET
ftr-463	734	15	side	side	NOUN
ftr-463	734	16	agreement	agreement	NOUN
ftr-463	734	17	severed	sever	VERB
ftr-463	734	18	continuity	continuity	NOUN
ftr-463	734	19	and	and	CCONJ
ftr-463	734	20	caused	cause	VERB
ftr-463	734	21	the	the	DET
ftr-463	734	22	transaction	transaction	NOUN
ftr-463	734	23	to	to	PART
ftr-463	734	24	be	be	AUX
ftr-463	734	25	a	a	DET
ftr-463	734	26	taxable	taxable	ADJ
ftr-463	734	27	sale	sale	NOUN
ftr-463	734	28	.	.	PUNCT
ftr-463	735	1	"15	"15	PUNCT
ftr-463	735	2	in	in	ADP
ftr-463	735	3	each	each	DET
ftr-463	735	4	case	case	NOUN
ftr-463	735	5	,	,	PUNCT
ftr-463	735	6	the	the	DET
ftr-463	735	7	taxpayers	taxpayer	NOUN
ftr-463	735	8	prevailed	prevail	VERB
ftr-463	735	9	.	.	PUNCT
ftr-463	736	1	"	"	PUNCT
ftr-463	736	2	'	'	PUNCT
ftr-463	736	3	these	these	DET
ftr-463	736	4	"	"	PUNCT
ftr-463	736	5	shareholder	shareholder	NOUN
ftr-463	736	6	conduct	conduct	NOUN
ftr-463	736	7	"	"	PUNCT
ftr-463	736	8	cases	case	NOUN
ftr-463	736	9	are	be	AUX
ftr-463	736	10	expansions	expansion	NOUN
ftr-463	736	11	-	-	PUNCT
ftr-463	736	12	rather	rather	ADV
ftr-463	736	13	than	than	ADP
ftr-463	736	14	necessary	necessary	ADJ
ftr-463	736	15	consequences	consequence	NOUN
ftr-463	736	16	-	-	PUNCT
ftr-463	736	17	of	of	ADP
ftr-463	736	18	the	the	DET
ftr-463	736	19	original	original	ADJ
ftr-463	736	20	continuity	continuity	NOUN
ftr-463	736	21	cases	case	NOUN
ftr-463	736	22	,	,	PUNCT
ftr-463	736	23	for	for	ADP
ftr-463	736	24	several	several	ADJ
ftr-463	736	25	reasons	reason	NOUN
ftr-463	736	26	.	.	PUNCT
ftr-463	737	1	first	first	ADV
ftr-463	737	2	,	,	PUNCT
ftr-463	737	3	the	the	DET
ftr-463	737	4	analysis	analysis	NOUN
ftr-463	737	5	in	in	ADP
ftr-463	737	6	the	the	DET
ftr-463	737	7	original	original	ADJ
ftr-463	737	8	decisions	decision	NOUN
ftr-463	737	9	was	be	AUX
ftr-463	737	10	directed	direct	VERB
ftr-463	737	11	solely	solely	ADV
ftr-463	737	12	at	at	ADP
ftr-463	737	13	the	the	DET
ftr-463	737	14	corporate	corporate	ADJ
ftr-463	737	15	level	level	NOUN
ftr-463	737	16	,	,	PUNCT
ftr-463	737	17	and	and	CCONJ
ftr-463	737	18	examined	examine	VERB
ftr-463	737	19	only	only	ADV
ftr-463	737	20	the	the	DET
ftr-463	737	21	nature	nature	NOUN
ftr-463	737	22	of	of	ADP
ftr-463	737	23	the	the	DET
ftr-463	737	24	consideration	consideration	NOUN
ftr-463	737	25	given	give	VERB
ftr-463	737	26	by	by	ADP
ftr-463	737	27	the	the	DET
ftr-463	737	28	acquiror	acquiror	NOUN
ftr-463	737	29	in	in	ADP
ftr-463	737	30	order	order	NOUN
ftr-463	737	31	to	to	PART
ftr-463	737	32	determine	determine	VERB
ftr-463	737	33	whether	whether	SCONJ
ftr-463	737	34	the	the	DET
ftr-463	737	35	transaction	transaction	NOUN
ftr-463	737	36	was	be	AUX
ftr-463	737	37	more	more	ADV
ftr-463	737	38	like	like	ADP
ftr-463	737	39	a	a	DET
ftr-463	737	40	merger	merger	NOUN
ftr-463	737	41	or	or	CCONJ
ftr-463	737	42	a	a	DET
ftr-463	737	43	sale	sale	NOUN
ftr-463	737	44	.	.	PUNCT
ftr-463	738	1	in	in	ADP
ftr-463	738	2	heintz	heintz	PROPN
ftr-463	738	3	and	and	CCONJ
ftr-463	738	4	mcdonald	mcdonald	PROPN
ftr-463	738	5	's	's	PART
ftr-463	738	6	,	,	PUNCT
ftr-463	738	7	the	the	DET
ftr-463	738	8	inquiry	inquiry	NOUN
ftr-463	738	9	was	be	AUX
ftr-463	738	10	focused	focus	VERB
ftr-463	738	11	at	at	ADP
ftr-463	738	12	the	the	DET
ftr-463	738	13	shareholder	shareholder	NOUN
ftr-463	738	14	level	level	NOUN
ftr-463	738	15	,	,	PUNCT
ftr-463	738	16	and	and	CCONJ
ftr-463	738	17	continuity	continuity	NOUN
ftr-463	738	18	was	be	AUX
ftr-463	738	19	found	find	VERB
ftr-463	738	20	lacking	lack	VERB
ftr-463	738	21	even	even	ADV
ftr-463	738	22	though	though	SCONJ
ftr-463	738	23	the	the	DET
ftr-463	738	24	target	target	NOUN
ftr-463	738	25	and	and	CCONJ
ftr-463	738	26	its	its	PRON
ftr-463	738	27	shareholders	shareholder	NOUN
ftr-463	738	28	indisputably	indisputably	ADV
ftr-463	738	29	received	receive	VERB
ftr-463	738	30	acquiror	acquiror	NOUN
ftr-463	738	31	stock	stock	NOUN
ftr-463	738	32	in	in	ADP
ftr-463	738	33	form	form	NOUN
ftr-463	738	34	and	and	CCONJ
ftr-463	738	35	in	in	ADP
ftr-463	738	36	substance	substance	NOUN
ftr-463	738	37	.	.	PUNCT
ftr-463	739	1	target	target	NOUN
ftr-463	739	2	shareholders	shareholder	NOUN
ftr-463	739	3	were	be	AUX
ftr-463	739	4	under	under	ADP
ftr-463	739	5	no	no	DET
ftr-463	739	6	compulsion	compulsion	NOUN
ftr-463	739	7	to	to	PART
ftr-463	739	8	sell	sell	VERB
ftr-463	739	9	the	the	DET
ftr-463	739	10	acquiror	acquiror	NOUN
ftr-463	739	11	's	's	PART
ftr-463	739	12	stock	stock	NOUN
ftr-463	739	13	,	,	PUNCT
ftr-463	739	14	they	they	PRON
ftr-463	739	15	bore	bear	VERB
ftr-463	739	16	the	the	DET
ftr-463	739	17	risk	risk	NOUN
ftr-463	739	18	of	of	ADP
ftr-463	739	19	market	market	NOUN
ftr-463	739	20	fluctuations	fluctuation	NOUN
ftr-463	739	21	in	in	ADP
ftr-463	739	22	the	the	DET
ftr-463	739	23	price	price	NOUN
ftr-463	739	24	of	of	ADP
ftr-463	739	25	the	the	DET
ftr-463	739	26	stock	stock	NOUN
ftr-463	739	27	,	,	PUNCT
ftr-463	739	28	and	and	CCONJ
ftr-463	739	29	there	there	PRON
ftr-463	739	30	was	be	VERB
ftr-463	739	31	no	no	DET
ftr-463	739	32	assertion	assertion	NOUN
ftr-463	739	33	that	that	SCONJ
ftr-463	739	34	the	the	DET
ftr-463	739	35	stock	stock	NOUN
ftr-463	739	36	should	should	AUX
ftr-463	739	37	not	not	PART
ftr-463	739	38	be	be	AUX
ftr-463	739	39	treated	treat	VERB
ftr-463	739	40	as	as	ADP
ftr-463	739	41	equity	equity	NOUN
ftr-463	739	42	for	for	ADP
ftr-463	739	43	federal	federal	ADJ
ftr-463	739	44	income	income	NOUN
ftr-463	739	45	tax	tax	NOUN
ftr-463	739	46	purposes	purpose	NOUN
ftr-463	739	47	as	as	ADP
ftr-463	739	48	a	a	DET
ftr-463	739	49	result	result	NOUN
ftr-463	739	50	of	of	ADP
ftr-463	739	51	the	the	DET
ftr-463	739	52	side	side	NOUN
ftr-463	739	53	agreement	agreement	NOUN
ftr-463	739	54	between	between	ADP
ftr-463	739	55	target	target	NOUN
ftr-463	739	56	shareholders	shareholder	NOUN
ftr-463	739	57	and	and	CCONJ
ftr-463	739	58	the	the	DET
ftr-463	739	59	acquiror	acquiror	NOUN
ftr-463	739	60	.	.	PUNCT
ftr-463	740	1	17	17	NUM
ftr-463	740	2	thus	thus	ADV
ftr-463	740	3	,	,	PUNCT
ftr-463	740	4	the	the	DET
ftr-463	740	5	acquiror	acquiror	NOUN
ftr-463	740	6	's	's	PART
ftr-463	740	7	stock	stock	NOUN
ftr-463	740	8	quite	quite	ADV
ftr-463	740	9	clearly	clearly	ADV
ftr-463	740	10	conferred	confer	VERB
ftr-463	740	11	,	,	PUNCT
ftr-463	740	12	first	first	ADV
ftr-463	740	13	in	in	ADP
ftr-463	740	14	the	the	DET
ftr-463	740	15	113	113	NUM
ftr-463	740	16	.	.	PUNCT
ftr-463	740	17	688	688	NUM
ftr-463	740	18	f.2d	f.2d	SYM
ftr-463	740	19	520	520	NUM
ftr-463	740	20	(	(	PUNCT
ftr-463	740	21	7th	7th	ADJ
ftr-463	740	22	cir	cir	NOUN
ftr-463	740	23	.	.	PROPN
ftr-463	740	24	1982	1982	NUM
ftr-463	740	25	)	)	PUNCT
ftr-463	740	26	,	,	PUNCT
ftr-463	740	27	rev'g	rev'g	PROPN
ftr-463	740	28	mcdonald	mcdonald	PROPN
ftr-463	740	29	's	's	PART
ftr-463	740	30	of	of	ADP
ftr-463	740	31	zion	zion	PROPN
ftr-463	740	32	v.	v.	ADP
ftr-463	740	33	commissioner	commissioner	PROPN
ftr-463	740	34	.	.	PUNCT
ftr-463	741	1	76	76	NUM
ftr-463	741	2	t.c	t.c	PROPN
ftr-463	741	3	.	.	PROPN
ftr-463	741	4	972	972	NUM
ftr-463	741	5	(	(	PUNCT
ftr-463	741	6	1981	1981	NUM
ftr-463	741	7	)	)	PUNCT
ftr-463	741	8	.	.	PUNCT
ftr-463	742	1	114	114	NUM
ftr-463	742	2	.	.	PUNCT
ftr-463	743	1	in	in	ADP
ftr-463	743	2	heintz	heintz	PROPN
ftr-463	743	3	,	,	PUNCT
ftr-463	743	4	the	the	DET
ftr-463	743	5	transactions	transaction	NOUN
ftr-463	743	6	were	be	AUX
ftr-463	743	7	structured	structure	VERB
ftr-463	743	8	as	as	ADP
ftr-463	743	9	a	a	DET
ftr-463	743	10	stock	stock	NOUN
ftr-463	743	11	exchange	exchange	NOUN
ftr-463	743	12	follow	follow	VERB
ftr-463	743	13	ed	ed	NOUN
ftr-463	743	14	immediately	immediately	ADV
ftr-463	743	15	by	by	ADP
ftr-463	743	16	a	a	DET
ftr-463	743	17	liquidation	liquidation	NOUN
ftr-463	743	18	of	of	ADP
ftr-463	743	19	the	the	DET
ftr-463	743	20	subsidiary	subsidiary	NOUN
ftr-463	743	21	:	:	PUNCT
ftr-463	743	22	in	in	ADP
ftr-463	743	23	mcdonahl	mcdonahl	NOUN
ftr-463	743	24	's	's	PART
ftr-463	743	25	.	.	PUNCT
ftr-463	744	1	the	the	DET
ftr-463	744	2	target	target	NOUN
ftr-463	744	3	merged	merge	VERB
ftr-463	744	4	into	into	ADP
ftr-463	744	5	the	the	DET
ftr-463	744	6	acquiror	acquiror	NOUN
ftr-463	744	7	under	under	ADP
ftr-463	744	8	a	a	DET
ftr-463	744	9	state	state	NOUN
ftr-463	744	10	statute	statute	NOUN
ftr-463	744	11	.	.	PUNCT
ftr-463	745	1	115	115	NUM
ftr-463	745	2	.	.	PUNCT
ftr-463	746	1	in	in	ADP
ftr-463	746	2	heintz	heintz	PROPN
ftr-463	746	3	,	,	PUNCT
ftr-463	746	4	target	target	VERB
ftr-463	746	5	shareholders	shareholder	NOUN
ftr-463	746	6	argued	argue	VERB
ftr-463	746	7	for	for	ADP
ftr-463	746	8	sale	sale	NOUN
ftr-463	746	9	treatment	treatment	NOUN
ftr-463	746	10	to	to	PART
ftr-463	746	11	recognize	recognize	VERB
ftr-463	746	12	capital	capital	NOUN
ftr-463	746	13	gains	gain	NOUN
ftr-463	746	14	rather	rather	ADV
ftr-463	746	15	than	than	ADP
ftr-463	746	16	ordinary	ordinary	ADJ
ftr-463	746	17	"	"	PUNCT
ftr-463	746	18	boot	boot	NOUN
ftr-463	746	19	"	"	PUNCT
ftr-463	746	20	income	income	NOUN
ftr-463	746	21	.	.	PUNCT
ftr-463	747	1	in	in	ADP
ftr-463	747	2	mcdonald	mcdonald	PROPN
ftr-463	747	3	's	's	PART
ftr-463	747	4	,	,	PUNCT
ftr-463	747	5	the	the	DET
ftr-463	747	6	acquiror	acquiror	NOUN
ftr-463	747	7	sought	seek	VERB
ftr-463	747	8	sale	sale	NOUN
ftr-463	747	9	treatment	treatment	NOUN
ftr-463	747	10	to	to	PART
ftr-463	747	11	achieve	achieve	VERB
ftr-463	747	12	a	a	DET
ftr-463	747	13	stepped	step	VERB
ftr-463	747	14	-	-	PUNCT
ftr-463	747	15	up	up	ADP
ftr-463	747	16	basis	basis	NOUN
ftr-463	747	17	in	in	ADP
ftr-463	747	18	the	the	DET
ftr-463	747	19	target	target	NOUN
ftr-463	747	20	's	's	PART
ftr-463	747	21	assets	asset	NOUN
ftr-463	747	22	.	.	PUNCT
ftr-463	748	1	116	116	NUM
ftr-463	748	2	.	.	PUNCT
ftr-463	749	1	in	in	ADP
ftr-463	749	2	contrast	contrast	NOUN
ftr-463	749	3	,	,	PUNCT
ftr-463	749	4	in	in	ADP
ftr-463	749	5	united	united	PROPN
ftr-463	749	6	states	states	PROPN
ftr-463	749	7	v.	v.	ADP
ftr-463	749	8	adkins	adkins	PROPN
ftr-463	749	9	-	-	PUNCT
ftr-463	749	10	phelps	phelps	PROPN
ftr-463	749	11	.	.	PUNCT
ftr-463	749	12	inc	inc	PROPN
ftr-463	749	13	.	.	PROPN
ftr-463	749	14	,	,	PUNCT
ftr-463	749	15	400	400	NUM
ftr-463	749	16	f.2d	f.2d	SYM
ftr-463	749	17	737	737	NUM
ftr-463	749	18	t8th	t8th	NOUN
ftr-463	749	19	cir	cir	NOUN
ftr-463	749	20	.	.	PROPN
ftr-463	749	21	1968	1968	NUM
ftr-463	749	22	)	)	PUNCT
ftr-463	749	23	,	,	PUNCT
ftr-463	749	24	the	the	DET
ftr-463	749	25	acquiror	acquiror	NOUN
ftr-463	749	26	prevailed	prevail	VERB
ftr-463	749	27	in	in	ADP
ftr-463	749	28	asserting	assert	VERB
ftr-463	749	29	that	that	SCONJ
ftr-463	749	30	a	a	DET
ftr-463	749	31	statutory	statutory	ADJ
ftr-463	749	32	merger	merger	NOUN
ftr-463	749	33	was	be	AUX
ftr-463	749	34	a	a	DET
ftr-463	749	35	reorganization	reorganization	NOUN
ftr-463	749	36	.	.	PUNCT
ftr-463	750	1	notwithstanding	notwithstanding	ADP
ftr-463	750	2	the	the	DET
ftr-463	750	3	agreement	agreement	NOUN
ftr-463	750	4	of	of	ADP
ftr-463	750	5	the	the	DET
ftr-463	750	6	target	target	NOUN
ftr-463	750	7	's	's	PART
ftr-463	750	8	sole	sole	ADJ
ftr-463	750	9	shareholder	shareholder	NOUN
ftr-463	750	10	not	not	PART
ftr-463	750	11	to	to	PART
ftr-463	750	12	sell	sell	VERB
ftr-463	750	13	acquiror	acquiror	NOUN
ftr-463	750	14	stock	stock	NOUN
ftr-463	750	15	without	without	ADP
ftr-463	750	16	offering	offer	VERB
ftr-463	750	17	it	it	PRON
ftr-463	750	18	first	first	ADV
ftr-463	750	19	to	to	ADP
ftr-463	750	20	the	the	DET
ftr-463	750	21	acquiror	acquiror	NOUN
ftr-463	750	22	at	at	ADP
ftr-463	750	23	par	par	NOUN
ftr-463	750	24	value	value	NOUN
ftr-463	750	25	and	and	CCONJ
ftr-463	750	26	the	the	DET
ftr-463	750	27	subsequent	subsequent	ADJ
ftr-463	750	28	sale	sale	NOUN
ftr-463	750	29	of	of	ADP
ftr-463	750	30	acquiror	acquiror	NOUN
ftr-463	750	31	stock	stock	NOUN
ftr-463	750	32	back	back	ADV
ftr-463	750	33	to	to	ADP
ftr-463	750	34	acquiror	acquiror	NOUN
ftr-463	750	35	at	at	ADP
ftr-463	750	36	par	par	NOUN
ftr-463	750	37	.	.	PUNCT
ftr-463	751	1	to	to	ADP
ftr-463	751	2	similar	similar	ADJ
ftr-463	751	3	effect	effect	NOUN
ftr-463	751	4	are	be	AUX
ftr-463	751	5	commissioner	commissioner	NOUN
ftr-463	751	6	v.	v.	ADP
ftr-463	751	7	fifth	fifth	PROPN
ftr-463	751	8	ave	ave	PROPN
ftr-463	751	9	.	.	PUNCT
ftr-463	752	1	bank	bank	PROPN
ftr-463	752	2	of	of	ADP
ftr-463	752	3	new	new	PROPN
ftr-463	752	4	york	york	PROPN
ftr-463	752	5	.	.	PUNCT
ftr-463	753	1	84	84	NUM
ftr-463	753	2	f.2d	f.2d	SYM
ftr-463	753	3	787	787	NUM
ftr-463	753	4	(	(	PUNCT
ftr-463	753	5	3d	3d	NUM
ftr-463	753	6	cir	cir	NOUN
ftr-463	753	7	.	.	PUNCT
ftr-463	753	8	1936	1936	NUM
ftr-463	753	9	)	)	PUNCT
ftr-463	753	10	(	(	PUNCT
ftr-463	753	11	an	an	DET
ftr-463	753	12	option	option	NOUN
ftr-463	753	13	exercised	exercise	VERB
ftr-463	753	14	by	by	ADP
ftr-463	753	15	99	99	NUM
ftr-463	753	16	%	%	NOUN
ftr-463	753	17	of	of	ADP
ftr-463	753	18	target	target	NOUN
ftr-463	753	19	shareholders	shareholder	NOUN
ftr-463	753	20	to	to	PART
ftr-463	753	21	sell	sell	VERB
ftr-463	753	22	their	their	PRON
ftr-463	753	23	acquiror	acquiror	NOUN
ftr-463	753	24	stock	stock	NOUN
ftr-463	753	25	for	for	ADP
ftr-463	753	26	cash	cash	NOUN
ftr-463	753	27	to	to	ADP
ftr-463	753	28	acquiror	acquiror	NOUN
ftr-463	753	29	's	's	PART
ftr-463	753	30	subsidiary	subsidiary	NOUN
ftr-463	753	31	did	do	AUX
ftr-463	753	32	not	not	PART
ftr-463	753	33	defeat	defeat	VERB
ftr-463	753	34	continuity	continuity	NOUN
ftr-463	753	35	)	)	PUNCT
ftr-463	753	36	;	;	PUNCT
ftr-463	753	37	daisy	daisy	NOUN
ftr-463	753	38	m.	m.	NOUN
ftr-463	753	39	ward	ward	PROPN
ftr-463	753	40	v.	v.	PROPN
ftr-463	753	41	commissioner	commissioner	PROPN
ftr-463	753	42	,	,	PUNCT
ftr-463	753	43	29	29	NUM
ftr-463	753	44	b.t.a	b.t.a	NOUN
ftr-463	753	45	.	.	PROPN
ftr-463	753	46	1251	1251	NUM
ftr-463	753	47	(	(	PUNCT
ftr-463	753	48	1934	1934	NUM
ftr-463	753	49	)	)	PUNCT
ftr-463	753	50	,	,	PUNCT
ftr-463	753	51	nonacq	nonacq	PROPN
ftr-463	753	52	.	.	PUNCT
ftr-463	754	1	1934	1934	NUM
ftr-463	754	2	-	-	SYM
ftr-463	754	3	1	1	NUM
ftr-463	754	4	c.b	c.b	PROPN
ftr-463	754	5	.	.	PROPN
ftr-463	754	6	31	31	NUM
ftr-463	754	7	.	.	PUNCT
ftr-463	755	1	aff'd	aff'd	NOUN
ftr-463	755	2	sub	sub	PROPN
ftr-463	755	3	nom	nom	NOUN
ftr-463	755	4	helvering	helvere	VERB
ftr-463	755	5	v.	v.	ADP
ftr-463	755	6	ward	ward	NOUN
ftr-463	755	7	,	,	PUNCT
ftr-463	755	8	79	79	NUM
ftr-463	755	9	f.2d	f.2d	SYM
ftr-463	755	10	381	381	NUM
ftr-463	755	11	(	(	PUNCT
ftr-463	755	12	8th	8th	ADJ
ftr-463	755	13	cir	cir	NOUN
ftr-463	755	14	.	.	PROPN
ftr-463	755	15	1935	1935	NUM
ftr-463	755	16	)	)	PUNCT
ftr-463	756	1	(	(	PUNCT
ftr-463	756	2	where	where	SCONJ
ftr-463	756	3	target	target	NOUN
ftr-463	756	4	shareholders	shareholder	NOUN
ftr-463	756	5	had	have	VERB
ftr-463	756	6	.	.	PUNCT
ftr-463	757	1	and	and	CCONJ
ftr-463	757	2	exercised	exercise	VERB
ftr-463	757	3	,	,	PUNCT
ftr-463	757	4	an	an	DET
ftr-463	757	5	option	option	NOUN
ftr-463	757	6	to	to	PART
ftr-463	757	7	resell	resell	VERB
ftr-463	757	8	their	their	PRON
ftr-463	757	9	acquiror	acquiror	NOUN
ftr-463	757	10	stock	stock	NOUN
ftr-463	757	11	back	back	ADV
ftr-463	757	12	to	to	ADP
ftr-463	757	13	acquiror	acquiror	NOUN
ftr-463	757	14	.	.	PUNCT
ftr-463	758	1	reorganization	reorganization	NOUN
ftr-463	758	2	respected	respect	VERB
ftr-463	758	3	as	as	ADP
ftr-463	758	4	separate	separate	ADJ
ftr-463	758	5	from	from	ADP
ftr-463	758	6	salej	salej	NOUN
ftr-463	758	7	.	.	PUNCT
ftr-463	759	1	117	117	NUM
ftr-463	759	2	.	.	PUNCT
ftr-463	759	3	compare	compare	VERB
ftr-463	759	4	farr	farr	PROPN
ftr-463	759	5	v.	v.	PROPN
ftr-463	759	6	commissioner	commissioner	PROPN
ftr-463	759	7	,	,	PUNCT
ftr-463	759	8	24	24	NUM
ftr-463	759	9	t.c	t.c	PROPN
ftr-463	759	10	.	.	PROPN
ftr-463	759	11	350	350	NUM
ftr-463	759	12	(	(	PUNCT
ftr-463	759	13	1955	1955	NUM
ftr-463	759	14	,	,	PUNCT
ftr-463	759	15	where	where	SCONJ
ftr-463	759	16	the	the	DET
ftr-463	759	17	court	court	NOUN
ftr-463	759	18	found	find	VERB
ftr-463	759	19	continuity	continuity	NOUN
ftr-463	759	20	to	to	PART
ftr-463	759	21	be	be	AUX
ftr-463	759	22	met	meet	VERB
ftr-463	759	23	in	in	ADP
ftr-463	759	24	a	a	DET
ftr-463	759	25	split	split	NOUN
ftr-463	759	26	-	-	PUNCT
ftr-463	759	27	off	off	NOUN
ftr-463	759	28	under	under	ADP
ftr-463	759	29	§	§	PROPN
ftr-463	759	30	112(g)l1)td	112(g)l1)td	NUM
ftr-463	759	31	)	)	PUNCT
ftr-463	759	32	(	(	PUNCT
ftr-463	759	33	1939	1939	NUM
ftr-463	759	34	)	)	PUNCT
ftr-463	759	35	.	.	PUNCT
ftr-463	760	1	even	even	ADV
ftr-463	760	2	though	though	SCONJ
ftr-463	760	3	its	its	PRON
ftr-463	760	4	purpose	purpose	NOUN
ftr-463	760	5	was	be	AUX
ftr-463	760	6	to	to	PART
ftr-463	760	7	permit	permit	VERB
ftr-463	760	8	sale	sale	NOUN
ftr-463	760	9	of	of	ADP
ftr-463	760	10	distributing	distribute	VERB
ftr-463	760	11	company	company	NOUN
ftr-463	760	12	stock	stock	NOUN
ftr-463	760	13	to	to	ADP
ftr-463	760	14	a	a	DET
ftr-463	760	15	third	third	ADJ
ftr-463	760	16	party	party	NOUN
ftr-463	760	17	(	(	PUNCT
ftr-463	760	18	which	which	PRON
ftr-463	760	19	was	be	AUX
ftr-463	760	20	accomplished	accomplish	VERB
ftr-463	760	21	)	)	PUNCT
ftr-463	760	22	.	.	PUNCT
ftr-463	761	1	the	the	DET
ftr-463	761	2	court	court	NOUN
ftr-463	761	3	stressed	stress	VERB
ftr-463	761	4	that	that	SCONJ
ftr-463	761	5	"	"	PUNCT
ftr-463	761	6	petitioner	petitioner	NOUN
ftr-463	761	7	remained	remain	VERB
ftr-463	761	8	free	free	ADJ
ftr-463	761	9	to	to	PART
ftr-463	761	10	retain	retain	VERB
ftr-463	761	11	her	her	PRON
ftr-463	761	12	entire	entire	ADJ
ftr-463	761	13	interest	interest	NOUN
ftr-463	761	14	in	in	ADP
ftr-463	761	15	[	[	X
ftr-463	761	16	the	the	DET
ftr-463	761	17	distributing	distribute	VERB
ftr-463	761	18	company	company	NOUN
ftr-463	761	19	]	]	PUNCT
ftr-463	761	20	,	,	PUNCT
ftr-463	761	21	[	[	X
ftr-463	761	22	the	the	DET
ftr-463	761	23	buyer	buyer	NOUN
ftr-463	761	24	]	]	PUNCT
ftr-463	761	25	was	be	AUX
ftr-463	761	26	under	under	ADP
ftr-463	761	27	no	no	DET
ftr-463	761	28	obligation	obligation	NOUN
ftr-463	761	29	to	to	PART
ftr-463	761	30	purchase	purchase	VERB
ftr-463	761	31	any	any	DET
ftr-463	761	32	interest	interest	NOUN
ftr-463	761	33	,	,	PUNCT
ftr-463	761	34	and	and	CCONJ
ftr-463	761	35	the	the	DET
ftr-463	761	36	petitioner	petitioner	NOUN
ftr-463	761	37	alone	alone	ADV
ftr-463	761	38	had	have	VERB
ftr-463	761	39	the	the	DET
ftr-463	761	40	risks	risk	NOUN
ftr-463	761	41	and	and	CCONJ
ftr-463	761	42	the	the	DET
ftr-463	761	43	benefits	benefit	NOUN
ftr-463	761	44	of	of	ADP
ftr-463	761	45	[	[	X
ftr-463	761	46	the	the	DET
ftr-463	761	47	distributing	distribute	VERB
ftr-463	761	48	company'sl	company'sl	NOUN
ftr-463	761	49	continuing	continue	VERB
ftr-463	761	50	operations	operation	NOUN
ftr-463	761	51	.	.	PUNCT
ftr-463	761	52	"	"	PUNCT
ftr-463	762	1	farr	farr	PROPN
ftr-463	762	2	,	,	PUNCT
ftr-463	762	3	24	24	NUM
ftr-463	762	4	t.c	t.c	PROPN
ftr-463	762	5	.	.	PUNCT
ftr-463	763	1	at	at	ADP
ftr-463	763	2	367	367	NUM
ftr-463	763	3	.	.	PUNCT
ftr-463	764	1	florida	florida	PROPN
ftr-463	764	2	tax	tax	PROPN
ftr-463	764	3	review	review	NOUN
ftr-463	764	4	target	target	NOUN
ftr-463	764	5	and	and	CCONJ
ftr-463	764	6	then	then	ADV
ftr-463	764	7	in	in	ADP
ftr-463	764	8	its	its	PRON
ftr-463	764	9	shareholders	shareholder	NOUN
ftr-463	764	10	,	,	PUNCT
ftr-463	764	11	a	a	DET
ftr-463	764	12	"	"	PUNCT
ftr-463	764	13	proprietary	proprietary	ADJ
ftr-463	764	14	stake	stake	NOUN
ftr-463	764	15	"	"	PUNCT
ftr-463	764	16	in	in	ADP
ftr-463	764	17	the	the	DET
ftr-463	764	18	acquiror	acquiror	NOUN
ftr-463	764	19	that	that	PRON
ftr-463	764	20	was	be	AUX
ftr-463	764	21	"	"	PUNCT
ftr-463	764	22	definite	definite	ADJ
ftr-463	764	23	and	and	CCONJ
ftr-463	764	24	material	material	ADJ
ftr-463	764	25	,	,	PUNCT
ftr-463	764	26	"	"	PUNCT
ftr-463	764	27	'	'	PUNCT
ftr-463	764	28	"	"	PUNCT
ftr-463	764	29	8	8	NUM
ftr-463	764	30	and	and	CCONJ
ftr-463	764	31	certainly	certainly	ADV
ftr-463	764	32	exceeded	exceed	VERB
ftr-463	764	33	the	the	DET
ftr-463	764	34	equity	equity	NOUN
ftr-463	764	35	risk	risk	NOUN
ftr-463	764	36	that	that	PRON
ftr-463	764	37	is	be	AUX
ftr-463	764	38	sufficient	sufficient	ADJ
ftr-463	764	39	to	to	PART
ftr-463	764	40	establish	establish	VERB
ftr-463	764	41	continuity	continuity	NOUN
ftr-463	764	42	under	under	ADP
ftr-463	764	43	established	establish	VERB
ftr-463	764	44	case	case	NOUN
ftr-463	764	45	law	law	NOUN
ftr-463	764	46	.	.	PUNCT
ftr-463	764	47	"	"	PUNCT
ftr-463	765	1	9	9	NUM
ftr-463	765	2	second	second	ADJ
ftr-463	765	3	,	,	PUNCT
ftr-463	765	4	in	in	ADP
ftr-463	765	5	contrast	contrast	NOUN
ftr-463	765	6	to	to	ADP
ftr-463	765	7	the	the	DET
ftr-463	765	8	historical	historical	ADJ
ftr-463	765	9	continuity	continuity	NOUN
ftr-463	765	10	cases	case	NOUN
ftr-463	765	11	,	,	PUNCT
ftr-463	765	12	the	the	DET
ftr-463	765	13	cash	cash	NOUN
ftr-463	765	14	ultimately	ultimately	ADV
ftr-463	765	15	received	receive	VERB
ftr-463	765	16	by	by	ADP
ftr-463	765	17	target	target	NOUN
ftr-463	765	18	shareholders	shareholder	NOUN
ftr-463	765	19	in	in	ADP
ftr-463	765	20	heintz	heintz	PROPN
ftr-463	765	21	and	and	CCONJ
ftr-463	765	22	mcdonald	mcdonald	PROPN
ftr-463	765	23	's	's	PART
ftr-463	765	24	came	come	VERB
ftr-463	765	25	not	not	PART
ftr-463	765	26	from	from	ADP
ftr-463	765	27	the	the	DET
ftr-463	765	28	acquiror	acquiror	NOUN
ftr-463	765	29	,	,	PUNCT
ftr-463	765	30	but	but	CCONJ
ftr-463	765	31	from	from	ADP
ftr-463	765	32	unrelated	unrelated	ADJ
ftr-463	765	33	secondary	secondary	ADJ
ftr-463	765	34	purchasers	purchaser	NOUN
ftr-463	765	35	of	of	ADP
ftr-463	765	36	target	target	NOUN
ftr-463	765	37	shareholders	shareholder	NOUN
ftr-463	765	38	'	'	PART
ftr-463	765	39	acquiror	acquiror	NOUN
ftr-463	765	40	stock	stock	NOUN
ftr-463	765	41	.	.	PUNCT
ftr-463	766	1	unless	unless	SCONJ
ftr-463	766	2	these	these	DET
ftr-463	766	3	public	public	ADJ
ftr-463	766	4	shareholders	shareholder	NOUN
ftr-463	766	5	are	be	AUX
ftr-463	766	6	treated	treat	VERB
ftr-463	766	7	as	as	ADP
ftr-463	766	8	the	the	DET
ftr-463	766	9	true	true	ADJ
ftr-463	766	10	acquirors	acquiror	NOUN
ftr-463	766	11	of	of	ADP
ftr-463	766	12	the	the	DET
ftr-463	766	13	target	target	NOUN
ftr-463	766	14	's	's	PART
ftr-463	766	15	assets	asset	NOUN
ftr-463	766	16	,	,	PUNCT
ftr-463	766	17	which	which	PRON
ftr-463	766	18	is	be	AUX
ftr-463	766	19	difficult	difficult	ADJ
ftr-463	766	20	to	to	PART
ftr-463	766	21	understand	understand	VERB
ftr-463	766	22	given	give	VERB
ftr-463	766	23	the	the	DET
ftr-463	766	24	interposition	interposition	NOUN
ftr-463	766	25	of	of	ADP
ftr-463	766	26	the	the	DET
ftr-463	766	27	acquiror	acquiror	NOUN
ftr-463	766	28	,	,	PUNCT
ftr-463	766	29	these	these	DET
ftr-463	766	30	shareholder	shareholder	NOUN
ftr-463	766	31	conduct	conduct	NOUN
ftr-463	766	32	cases	case	NOUN
ftr-463	766	33	are	be	AUX
ftr-463	766	34	clearly	clearly	ADV
ftr-463	766	35	distinguishable	distinguishable	ADJ
ftr-463	766	36	from	from	ADP
ftr-463	766	37	the	the	DET
ftr-463	766	38	asset	asset	NOUN
ftr-463	766	39	sales	sale	NOUN
ftr-463	766	40	in	in	ADP
ftr-463	766	41	pinellas	pinellas	PROPN
ftr-463	766	42	and	and	CCONJ
ftr-463	766	43	cortland	cortland	PROPN
ftr-463	766	44	.	.	PUNCT
ftr-463	767	1	in	in	ADP
ftr-463	767	2	addition	addition	NOUN
ftr-463	767	3	,	,	PUNCT
ftr-463	767	4	since	since	SCONJ
ftr-463	767	5	target	target	NOUN
ftr-463	767	6	shareholders	shareholder	NOUN
ftr-463	767	7	bore	bear	VERB
ftr-463	767	8	the	the	DET
ftr-463	767	9	risk	risk	NOUN
ftr-463	767	10	of	of	ADP
ftr-463	767	11	market	market	NOUN
ftr-463	767	12	fluctuations	fluctuation	NOUN
ftr-463	767	13	in	in	ADP
ftr-463	767	14	the	the	DET
ftr-463	767	15	value	value	NOUN
ftr-463	767	16	of	of	ADP
ftr-463	767	17	the	the	DET
ftr-463	767	18	acquiror	acquiror	NOUN
ftr-463	767	19	stock	stock	NOUN
ftr-463	767	20	,	,	PUNCT
ftr-463	767	21	the	the	DET
ftr-463	767	22	transaction	transaction	NOUN
ftr-463	767	23	was	be	AUX
ftr-463	767	24	economically	economically	ADV
ftr-463	767	25	dissimilar	dissimilar	ADJ
ftr-463	767	26	from	from	ADP
ftr-463	767	27	a	a	DET
ftr-463	767	28	direct	direct	ADJ
ftr-463	767	29	sale	sale	NOUN
ftr-463	767	30	of	of	ADP
ftr-463	767	31	target	target	NOUN
ftr-463	767	32	stock	stock	NOUN
ftr-463	767	33	for	for	ADP
ftr-463	767	34	a	a	DET
ftr-463	767	35	cash	cash	NOUN
ftr-463	767	36	equivalent	equivalent	NOUN
ftr-463	767	37	.	.	PUNCT
ftr-463	768	1	2	2	NUM
ftr-463	769	1	the	the	DET
ftr-463	769	2	fact	fact	NOUN
ftr-463	769	3	that	that	SCONJ
ftr-463	769	4	the	the	DET
ftr-463	769	5	historic	historic	ADJ
ftr-463	769	6	roles	role	NOUN
ftr-463	769	7	of	of	ADP
ftr-463	769	8	the	the	DET
ftr-463	769	9	litigants	litigant	NOUN
ftr-463	769	10	were	be	AUX
ftr-463	769	11	reversed	reverse	VERB
ftr-463	769	12	(	(	PUNCT
ftr-463	769	13	taxpayers	taxpayer	NOUN
ftr-463	769	14	were	be	AUX
ftr-463	769	15	asserting	assert	VERB
ftr-463	769	16	the	the	DET
ftr-463	769	17	absence	absence	NOUN
ftr-463	769	18	of	of	ADP
ftr-463	769	19	continuity	continuity	NOUN
ftr-463	769	20	)	)	PUNCT
ftr-463	769	21	should	should	AUX
ftr-463	769	22	have	have	AUX
ftr-463	769	23	alerted	alert	VERB
ftr-463	769	24	the	the	DET
ftr-463	769	25	courts	court	NOUN
ftr-463	769	26	to	to	ADP
ftr-463	769	27	the	the	DET
ftr-463	769	28	possibility	possibility	NOUN
ftr-463	769	29	that	that	SCONJ
ftr-463	769	30	something	something	PRON
ftr-463	769	31	was	be	AUX
ftr-463	769	32	essentially	essentially	ADV
ftr-463	769	33	different	different	ADJ
ftr-463	769	34	about	about	ADP
ftr-463	769	35	these	these	DET
ftr-463	769	36	cases	case	NOUN
ftr-463	769	37	.	.	PUNCT
ftr-463	770	1	suddenly	suddenly	ADV
ftr-463	770	2	,	,	PUNCT
ftr-463	770	3	the	the	DET
ftr-463	770	4	parties	party	NOUN
ftr-463	770	5	to	to	ADP
ftr-463	770	6	a	a	DET
ftr-463	770	7	transaction	transaction	NOUN
ftr-463	770	8	that	that	PRON
ftr-463	770	9	satisfied	satisfy	VERB
ftr-463	770	10	the	the	DET
ftr-463	770	11	statutory	statutory	ADJ
ftr-463	770	12	elements	element	NOUN
ftr-463	770	13	of	of	ADP
ftr-463	770	14	a	a	DET
ftr-463	770	15	reorganization	reorganization	NOUN
ftr-463	770	16	could	could	AUX
ftr-463	770	17	,	,	PUNCT
ftr-463	770	18	through	through	ADP
ftr-463	770	19	side	side	NOUN
ftr-463	770	20	agreements	agreement	NOUN
ftr-463	770	21	,	,	PUNCT
ftr-463	770	22	escape	escape	VERB
ftr-463	770	23	the	the	DET
ftr-463	770	24	package	package	NOUN
ftr-463	770	25	of	of	ADP
ftr-463	770	26	beneficial	beneficial	ADJ
ftr-463	770	27	and	and	CCONJ
ftr-463	770	28	adverse	adverse	ADJ
ftr-463	770	29	tax	tax	NOUN
ftr-463	770	30	consequences	consequence	NOUN
ftr-463	770	31	accompanying	accompany	VERB
ftr-463	770	32	that	that	DET
ftr-463	770	33	characterization	characterization	NOUN
ftr-463	770	34	.	.	PUNCT
ftr-463	771	1	continuity	continuity	NOUN
ftr-463	771	2	was	be	AUX
ftr-463	771	3	now	now	ADV
ftr-463	771	4	the	the	DET
ftr-463	771	5	taxpayer	taxpayer	NOUN
ftr-463	771	6	's	's	PART
ftr-463	771	7	weapon	weapon	NOUN
ftr-463	771	8	.	.	PUNCT
ftr-463	772	1	finally	finally	ADV
ftr-463	772	2	,	,	PUNCT
ftr-463	772	3	the	the	DET
ftr-463	772	4	shareholder	shareholder	NOUN
ftr-463	772	5	conduct	conduct	NOUN
ftr-463	772	6	cases	case	NOUN
ftr-463	772	7	introduced	introduce	VERB
ftr-463	772	8	a	a	DET
ftr-463	772	9	cloak	cloak	NOUN
ftr-463	772	10	of	of	ADP
ftr-463	772	11	uncertainty	uncertainty	NOUN
ftr-463	772	12	to	to	ADP
ftr-463	772	13	the	the	DET
ftr-463	772	14	reorganizations	reorganization	NOUN
ftr-463	772	15	area	area	NOUN
ftr-463	772	16	by	by	ADP
ftr-463	772	17	hinging	hinge	VERB
ftr-463	772	18	momentous	momentous	ADJ
ftr-463	772	19	tax	tax	NOUN
ftr-463	772	20	consequences	consequence	NOUN
ftr-463	772	21	not	not	PART
ftr-463	772	22	simply	simply	ADV
ftr-463	772	23	on	on	ADP
ftr-463	772	24	the	the	DET
ftr-463	772	25	nature	nature	NOUN
ftr-463	772	26	of	of	ADP
ftr-463	772	27	acquiror	acquiror	NOUN
ftr-463	772	28	's	's	PART
ftr-463	772	29	consideration	consideration	NOUN
ftr-463	772	30	provided	provide	VERB
ftr-463	772	31	to	to	PART
ftr-463	772	32	target	target	VERB
ftr-463	772	33	,	,	PUNCT
ftr-463	772	34	but	but	CCONJ
ftr-463	772	35	on	on	ADP
ftr-463	772	36	the	the	DET
ftr-463	772	37	post	post	ADJ
ftr-463	772	38	-	-	ADJ
ftr-463	772	39	acquisition	acquisition	ADJ
ftr-463	772	40	conduct	conduct	NOUN
ftr-463	772	41	of	of	ADP
ftr-463	772	42	a	a	DET
ftr-463	772	43	critical	critical	ADJ
ftr-463	772	44	mass	mass	NOUN
ftr-463	772	45	of	of	ADP
ftr-463	772	46	unrelated	unrelated	ADJ
ftr-463	772	47	target	target	NOUN
ftr-463	772	48	shareholders	shareholder	NOUN
ftr-463	772	49	.	.	PUNCT
ftr-463	773	1	the	the	DET
ftr-463	773	2	result	result	NOUN
ftr-463	773	3	is	be	AUX
ftr-463	773	4	uncertainty	uncertainty	NOUN
ftr-463	773	5	for	for	ADP
ftr-463	773	6	taxpayers	taxpayer	NOUN
ftr-463	773	7	and	and	CCONJ
ftr-463	773	8	unadministrability	unadministrability	NOUN
ftr-463	773	9	for	for	ADP
ftr-463	773	10	the	the	DET
ftr-463	773	11	service	service	NOUN
ftr-463	773	12	.	.	PUNCT
ftr-463	774	1	the	the	DET
ftr-463	774	2	courts	court	NOUN
ftr-463	774	3	should	should	AUX
ftr-463	774	4	have	have	AUX
ftr-463	774	5	immediately	immediately	ADV
ftr-463	774	6	recognized	recognize	VERB
ftr-463	774	7	the	the	DET
ftr-463	774	8	unworkable	unworkable	ADJ
ftr-463	774	9	nature	nature	NOUN
ftr-463	774	10	of	of	ADP
ftr-463	774	11	the	the	DET
ftr-463	774	12	test	test	NOUN
ftr-463	774	13	they	they	PRON
ftr-463	774	14	were	be	AUX
ftr-463	774	15	creating	create	VERB
ftr-463	774	16	.	.	PUNCT
ftr-463	775	1	these	these	DET
ftr-463	775	2	shareholder	shareholder	NOUN
ftr-463	775	3	conduct	conduct	NOUN
ftr-463	775	4	cases	case	NOUN
ftr-463	775	5	are	be	AUX
ftr-463	775	6	better	well	ADV
ftr-463	775	7	explained	explain	VERB
ftr-463	775	8	as	as	ADP
ftr-463	775	9	a	a	DET
ftr-463	775	10	corollary	corollary	NOUN
ftr-463	775	11	of	of	ADP
ftr-463	775	12	the	the	DET
ftr-463	775	13	step	step	NOUN
ftr-463	775	14	transaction	transaction	NOUN
ftr-463	775	15	doctrine	doctrine	NOUN
ftr-463	775	16	that	that	PRON
ftr-463	775	17	permits	permit	VERB
ftr-463	775	18	interdependent	interdependent	ADJ
ftr-463	775	19	events	event	NOUN
ftr-463	775	20	to	to	PART
ftr-463	775	21	be	be	AUX
ftr-463	775	22	118	118	NUM
ftr-463	775	23	.	.	PUNCT
ftr-463	776	1	helvering	helvere	VERB
ftr-463	776	2	v.	v.	ADP
ftr-463	776	3	minnesota	minnesota	PROPN
ftr-463	776	4	tea	tea	PROPN
ftr-463	776	5	co.	co.	PROPN
ftr-463	776	6	,	,	PUNCT
ftr-463	776	7	296	296	NUM
ftr-463	776	8	u.s	u.s	PROPN
ftr-463	776	9	.	.	PROPN
ftr-463	776	10	378	378	NUM
ftr-463	776	11	(	(	PUNCT
ftr-463	776	12	1935	1935	NUM
ftr-463	776	13	)	)	PUNCT
ftr-463	776	14	.	.	PUNCT
ftr-463	777	1	119	119	X
ftr-463	777	2	.	.	PUNCT
ftr-463	778	1	see	see	VERB
ftr-463	778	2	,	,	PUNCT
ftr-463	778	3	e.g.	e.g.	ADV
ftr-463	778	4	,	,	PUNCT
ftr-463	778	5	john	john	PROPN
ftr-463	778	6	a.	a.	PROPN
ftr-463	778	7	nelson	nelson	PROPN
ftr-463	778	8	co.	co.	PROPN
ftr-463	779	1	v.	v.	ADP
ftr-463	779	2	helvering	helvere	VERB
ftr-463	779	3	,	,	PUNCT
ftr-463	779	4	296	296	NUM
ftr-463	779	5	u.s	u.s	PROPN
ftr-463	779	6	.	.	PROPN
ftr-463	779	7	374	374	NUM
ftr-463	779	8	(	(	PUNCT
ftr-463	779	9	1935	1935	NUM
ftr-463	779	10	)	)	PUNCT
ftr-463	779	11	(	(	PUNCT
ftr-463	779	12	preferred	prefer	VERB
ftr-463	779	13	stock	stock	NOUN
ftr-463	779	14	redeemable	redeemable	NOUN
ftr-463	779	15	at	at	ADP
ftr-463	779	16	stated	state	VERB
ftr-463	779	17	intervals	interval	NOUN
ftr-463	779	18	was	be	AUX
ftr-463	779	19	sufficient	sufficient	ADJ
ftr-463	779	20	to	to	PART
ftr-463	779	21	establish	establish	VERB
ftr-463	779	22	continuity	continuity	NOUN
ftr-463	779	23	)	)	PUNCT
ftr-463	779	24	;	;	PUNCT
ftr-463	779	25	united	united	PROPN
ftr-463	779	26	states	states	PROPN
ftr-463	779	27	v.	v.	ADP
ftr-463	779	28	adkins	adkins	PROPN
ftr-463	779	29	-	-	PUNCT
ftr-463	779	30	phelps	phelps	PROPN
ftr-463	779	31	,	,	PUNCT
ftr-463	779	32	inc	inc	PROPN
ftr-463	779	33	.	.	PROPN
ftr-463	779	34	,	,	PUNCT
ftr-463	779	35	400	400	NUM
ftr-463	779	36	f.2d	f.2d	NUM
ftr-463	779	37	737	737	NUM
ftr-463	779	38	(	(	PUNCT
ftr-463	779	39	8th	8th	ADJ
ftr-463	779	40	cir	cir	NOUN
ftr-463	779	41	.	.	PUNCT
ftr-463	779	42	1968	1968	NUM
ftr-463	779	43	)	)	PUNCT
ftr-463	779	44	(	(	PUNCT
ftr-463	779	45	where	where	SCONJ
ftr-463	779	46	acquiror	acquiror	NOUN
ftr-463	779	47	had	have	VERB
ftr-463	779	48	right	right	NOUN
ftr-463	779	49	of	of	ADP
ftr-463	779	50	first	first	ADJ
ftr-463	779	51	refusal	refusal	NOUN
ftr-463	779	52	to	to	PART
ftr-463	779	53	purchase	purchase	VERB
ftr-463	779	54	its	its	PRON
ftr-463	779	55	shares	share	NOUN
ftr-463	779	56	at	at	ADP
ftr-463	779	57	par	par	NOUN
ftr-463	779	58	from	from	ADP
ftr-463	779	59	target	target	NOUN
ftr-463	779	60	shareholder	shareholder	NOUN
ftr-463	779	61	,	,	PUNCT
ftr-463	779	62	continuity	continuity	NOUN
ftr-463	779	63	satisfied	satisfied	ADJ
ftr-463	779	64	)	)	PUNCT
ftr-463	779	65	;	;	PUNCT
ftr-463	779	66	schweitzer	schweitzer	PROPN
ftr-463	779	67	&	&	CCONJ
ftr-463	779	68	conrad	conrad	PROPN
ftr-463	779	69	,	,	PUNCT
ftr-463	779	70	inc	inc	PROPN
ftr-463	779	71	.	.	PROPN
ftr-463	779	72	v.	v.	PROPN
ftr-463	779	73	commissioner	commissioner	PROPN
ftr-463	779	74	,	,	PUNCT
ftr-463	779	75	41	41	NUM
ftr-463	779	76	b.t.a	b.t.a	NOUN
ftr-463	779	77	.	.	PROPN
ftr-463	779	78	533	533	NUM
ftr-463	779	79	(	(	PUNCT
ftr-463	779	80	1940	1940	NUM
ftr-463	779	81	)	)	PUNCT
ftr-463	779	82	(	(	PUNCT
ftr-463	779	83	nonconvertible	nonconvertible	ADJ
ftr-463	779	84	nonvoting	nonvoting	ADJ
ftr-463	779	85	preferred	preferred	ADJ
ftr-463	779	86	stock	stock	NOUN
ftr-463	779	87	,	,	PUNCT
ftr-463	779	88	redeemable	redeemable	NOUN
ftr-463	779	89	at	at	ADP
ftr-463	779	90	any	any	DET
ftr-463	779	91	time	time	NOUN
ftr-463	779	92	and	and	CCONJ
ftr-463	779	93	mandatorily	mandatorily	NOUN
ftr-463	779	94	redeemable	redeemable	NOUN
ftr-463	779	95	after	after	ADP
ftr-463	779	96	six	six	NUM
ftr-463	779	97	months	month	NOUN
ftr-463	779	98	if	if	SCONJ
ftr-463	779	99	earnings	earning	NOUN
ftr-463	779	100	exceeded	exceed	VERB
ftr-463	779	101	specific	specific	ADJ
ftr-463	779	102	threshold	threshold	NOUN
ftr-463	779	103	,	,	PUNCT
ftr-463	779	104	was	be	AUX
ftr-463	779	105	sufficient	sufficient	ADJ
ftr-463	779	106	equity	equity	NOUN
ftr-463	779	107	stake	stake	NOUN
ftr-463	779	108	for	for	ADP
ftr-463	779	109	continuity	continuity	NOUN
ftr-463	779	110	purposes	purpose	NOUN
ftr-463	779	111	)	)	PUNCT
ftr-463	779	112	.	.	PUNCT
ftr-463	780	1	see	see	AUX
ftr-463	780	2	also	also	ADV
ftr-463	780	3	rev	rev	VERB
ftr-463	780	4	.	.	PUNCT
ftr-463	781	1	rul	rul	PROPN
ftr-463	781	2	.	.	PUNCT
ftr-463	782	1	6822	6822	NUM
ftr-463	782	2	,	,	PUNCT
ftr-463	782	3	1968	1968	NUM
ftr-463	782	4	-	-	SYM
ftr-463	782	5	1	1	NUM
ftr-463	782	6	c.b	c.b	PROPN
ftr-463	782	7	.	.	PROPN
ftr-463	782	8	142	142	NUM
ftr-463	782	9	(	(	PUNCT
ftr-463	782	10	preferred	preferred	ADJ
ftr-463	782	11	stock	stock	NOUN
ftr-463	782	12	,	,	PUNCT
ftr-463	782	13	redeemable	redeemable	NOUN
ftr-463	782	14	at	at	ADP
ftr-463	782	15	10	10	NUM
ftr-463	782	16	%	%	NOUN
ftr-463	782	17	per	per	ADP
ftr-463	782	18	year	year	NOUN
ftr-463	782	19	after	after	ADP
ftr-463	782	20	one	one	NUM
ftr-463	782	21	year	year	NOUN
ftr-463	782	22	,	,	PUNCT
ftr-463	782	23	is	be	AUX
ftr-463	782	24	sufficient	sufficient	ADJ
ftr-463	782	25	equity	equity	NOUN
ftr-463	782	26	consideration	consideration	NOUN
ftr-463	782	27	if	if	SCONJ
ftr-463	782	28	acquiror	acquiror	NOUN
ftr-463	782	29	has	have	VERB
ftr-463	782	30	no	no	DET
ftr-463	782	31	present	present	ADJ
ftr-463	782	32	intention	intention	NOUN
ftr-463	782	33	to	to	PART
ftr-463	782	34	redeem	redeem	VERB
ftr-463	782	35	)	)	PUNCT
ftr-463	782	36	.	.	PUNCT
ftr-463	783	1	120	120	NUM
ftr-463	783	2	.	.	PUNCT
ftr-463	784	1	see	see	VERB
ftr-463	784	2	mcdonald	mcdonald	PROPN
ftr-463	784	3	's	's	PART
ftr-463	784	4	of	of	ADP
ftr-463	784	5	zion	zion	PROPN
ftr-463	784	6	v.	v.	PROPN
ftr-463	784	7	commissioner	commissioner	PROPN
ftr-463	784	8	,	,	PUNCT
ftr-463	784	9	76	76	NUM
ftr-463	784	10	t.c	t.c	PROPN
ftr-463	784	11	.	.	PROPN
ftr-463	784	12	972	972	NUM
ftr-463	784	13	,	,	PUNCT
ftr-463	784	14	997	997	NUM
ftr-463	784	15	n.43	n.43	SYM
ftr-463	784	16	(	(	PUNCT
ftr-463	784	17	1981	1981	NUM
ftr-463	784	18	)	)	PUNCT
ftr-463	784	19	(	(	PUNCT
ftr-463	784	20	the	the	DET
ftr-463	784	21	market	market	NOUN
ftr-463	784	22	price	price	NOUN
ftr-463	784	23	of	of	ADP
ftr-463	784	24	mcdonald	mcdonald	NOUN
ftr-463	784	25	's	's	PART
ftr-463	784	26	stock	stock	NOUN
ftr-463	784	27	on	on	ADP
ftr-463	784	28	receipt	receipt	NOUN
ftr-463	784	29	was	be	AUX
ftr-463	784	30	$	$	SYM
ftr-463	784	31	66	66	NUM
ftr-463	784	32	-	-	PUNCT
ftr-463	784	33	3/8	3/8	NUM
ftr-463	784	34	per	per	ADP
ftr-463	784	35	share	share	NOUN
ftr-463	784	36	;	;	PUNCT
ftr-463	784	37	the	the	DET
ftr-463	784	38	stock	stock	NOUN
ftr-463	784	39	was	be	AUX
ftr-463	784	40	sold	sell	VERB
ftr-463	784	41	for	for	ADP
ftr-463	784	42	$	$	SYM
ftr-463	784	43	71	71	NUM
ftr-463	784	44	-	-	SYM
ftr-463	784	45	318	318	NUM
ftr-463	784	46	)	)	PUNCT
ftr-463	784	47	;	;	PUNCT
ftr-463	784	48	heintz	heintz	PROPN
ftr-463	784	49	v.	v.	PROPN
ftr-463	784	50	commissioner	commissioner	PROPN
ftr-463	784	51	,	,	PUNCT
ftr-463	784	52	25	25	NUM
ftr-463	784	53	t.c	t.c	PROPN
ftr-463	784	54	.	.	PROPN
ftr-463	784	55	132	132	NUM
ftr-463	784	56	,	,	PUNCT
ftr-463	784	57	139	139	NUM
ftr-463	784	58	(	(	PUNCT
ftr-463	784	59	1955	1955	NUM
ftr-463	784	60	)	)	PUNCT
ftr-463	784	61	(	(	PUNCT
ftr-463	784	62	acquiror	acquiror	NOUN
ftr-463	784	63	stock	stock	NOUN
ftr-463	784	64	was	be	AUX
ftr-463	784	65	worth	worth	ADJ
ftr-463	784	66	$	$	SYM
ftr-463	784	67	50	50	NUM
ftr-463	784	68	when	when	SCONJ
ftr-463	784	69	received	receive	VERB
ftr-463	784	70	but	but	CCONJ
ftr-463	784	71	was	be	AUX
ftr-463	784	72	sold	sell	VERB
ftr-463	784	73	for	for	ADP
ftr-463	784	74	$	$	SYM
ftr-463	784	75	30	30	NUM
ftr-463	784	76	)	)	PUNCT
ftr-463	784	77	.	.	PUNCT
ftr-463	785	1	[	[	X
ftr-463	785	2	vol	vol	NOUN
ftr-463	785	3	.	.	PUNCT
ftr-463	785	4	3:5	3:5	NUM
ftr-463	785	5	1996	1996	NUM
ftr-463	785	6	]	]	PUNCT
ftr-463	785	7	devolution	devolution	NOUN
ftr-463	785	8	&	&	CCONJ
ftr-463	785	9	inevitable	inevitable	ADJ
ftr-463	785	10	ertinction	ertinction	NOUN
ftr-463	785	11	of	of	ADP
ftr-463	785	12	the	the	DET
ftr-463	785	13	continuity	continuity	NOUN
ftr-463	785	14	of	of	ADP
ftr-463	785	15	interest	interest	NOUN
ftr-463	785	16	doctrine	doctrine	NOUN
ftr-463	785	17	221	221	NUM
ftr-463	785	18	integrated	integrate	VERB
ftr-463	785	19	and	and	CCONJ
ftr-463	785	20	,	,	PUNCT
ftr-463	785	21	in	in	ADP
ftr-463	785	22	certain	certain	ADJ
ftr-463	785	23	circumstances	circumstance	NOUN
ftr-463	785	24	,	,	PUNCT
ftr-463	785	25	permits	permit	VERB
ftr-463	785	26	taxpayers	taxpayer	NOUN
ftr-463	785	27	to	to	PART
ftr-463	785	28	disavow	disavow	VERB
ftr-463	785	29	their	their	PRON
ftr-463	785	30	form	form	NOUN
ftr-463	785	31	if	if	SCONJ
ftr-463	785	32	the	the	DET
ftr-463	785	33	tax	tax	NOUN
ftr-463	785	34	treatment	treatment	NOUN
ftr-463	785	35	of	of	ADP
ftr-463	785	36	the	the	DET
ftr-463	785	37	entire	entire	ADJ
ftr-463	785	38	transaction	transaction	NOUN
ftr-463	785	39	is	be	AUX
ftr-463	785	40	consistently	consistently	ADV
ftr-463	785	41	reported	report	VERB
ftr-463	785	42	.	.	PUNCT
ftr-463	785	43	"	"	PUNCT
ftr-463	786	1	in	in	ADP
ftr-463	786	2	any	any	DET
ftr-463	786	3	event	event	NOUN
ftr-463	786	4	,	,	PUNCT
ftr-463	786	5	it	it	PRON
ftr-463	786	6	is	be	AUX
ftr-463	786	7	important	important	ADJ
ftr-463	786	8	that	that	SCONJ
ftr-463	786	9	these	these	DET
ftr-463	786	10	cases	case	NOUN
ftr-463	786	11	involved	involve	VERB
ftr-463	786	12	a	a	DET
ftr-463	786	13	concerted	concerted	ADJ
ftr-463	786	14	plan	plan	NOUN
ftr-463	786	15	between	between	ADP
ftr-463	786	16	the	the	DET
ftr-463	786	17	target	target	NOUN
ftr-463	786	18	shareholders	shareholder	NOUN
ftr-463	786	19	and	and	CCONJ
ftr-463	786	20	the	the	DET
ftr-463	786	21	acquiror	acquiror	NOUN
ftr-463	786	22	.	.	PUNCT
ftr-463	787	1	revenue	revenue	NOUN
ftr-463	787	2	procedure	procedure	NOUN
ftr-463	787	3	77	77	NUM
ftr-463	787	4	-	-	PUNCT
ftr-463	787	5	37,'2which	37,'2which	NOUN
ftr-463	787	6	lists	list	VERB
ftr-463	787	7	the	the	DET
ftr-463	787	8	representations	representation	NOUN
ftr-463	787	9	necessary	necessary	ADJ
ftr-463	787	10	to	to	PART
ftr-463	787	11	obtain	obtain	VERB
ftr-463	787	12	a	a	DET
ftr-463	787	13	private	private	ADJ
ftr-463	787	14	letter	letter	NOUN
ftr-463	787	15	ruling	ruling	NOUN
ftr-463	787	16	,	,	PUNCT
ftr-463	787	17	in	in	ADP
ftr-463	787	18	effect	effect	NOUN
ftr-463	787	19	offers	offer	VERB
ftr-463	787	20	a	a	DET
ftr-463	787	21	continuity	continuity	NOUN
ftr-463	787	22	safe	safe	ADJ
ftr-463	787	23	harbor	harbor	NOUN
ftr-463	787	24	on	on	ADP
ftr-463	787	25	the	the	DET
ftr-463	787	26	issue	issue	NOUN
ftr-463	787	27	of	of	ADP
ftr-463	787	28	extracurricular	extracurricular	ADJ
ftr-463	787	29	intent	intent	NOUN
ftr-463	787	30	and	and	CCONJ
ftr-463	787	31	conduct	conduct	VERB
ftr-463	787	32	if	if	SCONJ
ftr-463	787	33	the	the	DET
ftr-463	787	34	target	target	NOUN
ftr-463	787	35	's	's	PART
ftr-463	787	36	1	1	NUM
ftr-463	787	37	%	%	NOUN
ftr-463	787	38	(	(	PUNCT
ftr-463	787	39	or	or	CCONJ
ftr-463	787	40	for	for	ADP
ftr-463	787	41	publicly	publicly	ADV
ftr-463	787	42	-	-	PUNCT
ftr-463	787	43	traded	trade	VERB
ftr-463	787	44	targets	target	NOUN
ftr-463	787	45	5	5	NUM
ftr-463	787	46	%	%	NOUN
ftr-463	787	47	)	)	PUNCT
ftr-463	787	48	shareholders	shareholder	NOUN
ftr-463	787	49	represent	represent	VERB
ftr-463	787	50	to	to	ADP
ftr-463	787	51	the	the	DET
ftr-463	787	52	acquiror	acquiror	NOUN
ftr-463	787	53	their	their	PRON
ftr-463	787	54	plan	plan	NOUN
ftr-463	787	55	and	and	CCONJ
ftr-463	787	56	intention	intention	NOUN
ftr-463	787	57	to	to	PART
ftr-463	787	58	retain	retain	VERB
ftr-463	787	59	acquiror	acquiror	NOUN
ftr-463	787	60	stock	stock	NOUN
ftr-463	787	61	representing	represent	VERB
ftr-463	787	62	at	at	ADP
ftr-463	787	63	least	least	ADV
ftr-463	787	64	50	50	NUM
ftr-463	787	65	%	%	NOUN
ftr-463	787	66	of	of	ADP
ftr-463	787	67	the	the	DET
ftr-463	787	68	value	value	NOUN
ftr-463	787	69	of	of	ADP
ftr-463	787	70	the	the	DET
ftr-463	787	71	target	target	NOUN
ftr-463	787	72	's	's	PART
ftr-463	787	73	outstanding	outstanding	ADJ
ftr-463	787	74	stock	stock	NOUN
ftr-463	787	75	immediately	immediately	ADV
ftr-463	787	76	before	before	ADP
ftr-463	787	77	the	the	DET
ftr-463	787	78	transaction	transaction	NOUN
ftr-463	787	79	.	.	PUNCT
ftr-463	788	1	(	(	PUNCT
ftr-463	788	2	the	the	DET
ftr-463	788	3	target	target	NOUN
ftr-463	788	4	's	's	PART
ftr-463	788	5	management	management	NOUN
ftr-463	788	6	must	must	AUX
ftr-463	788	7	also	also	ADV
ftr-463	788	8	represent	represent	VERB
ftr-463	788	9	that	that	SCONJ
ftr-463	788	10	it	it	PRON
ftr-463	788	11	knows	know	VERB
ftr-463	788	12	of	of	ADP
ftr-463	788	13	no	no	DET
ftr-463	788	14	plan	plan	NOUN
ftr-463	788	15	or	or	CCONJ
ftr-463	788	16	intention	intention	NOUN
ftr-463	788	17	on	on	ADP
ftr-463	788	18	the	the	DET
ftr-463	788	19	part	part	NOUN
ftr-463	788	20	of	of	ADP
ftr-463	788	21	the	the	DET
ftr-463	788	22	remaining	remain	VERB
ftr-463	788	23	target	target	NOUN
ftr-463	788	24	shareholders	shareholder	NOUN
ftr-463	788	25	to	to	PART
ftr-463	788	26	dispose	dispose	VERB
ftr-463	788	27	of	of	ADP
ftr-463	788	28	acquiror	acquiror	NOUN
ftr-463	788	29	stock	stock	NOUN
ftr-463	788	30	in	in	ADP
ftr-463	788	31	excess	excess	NOUN
ftr-463	788	32	of	of	ADP
ftr-463	788	33	the	the	DET
ftr-463	788	34	50	50	NUM
ftr-463	788	35	%	%	NOUN
ftr-463	788	36	threshold	threshold	NOUN
ftr-463	788	37	.	.	PUNCT
ftr-463	788	38	)	)	PUNCT
ftr-463	789	1	revenue	revenue	NOUN
ftr-463	789	2	ruling	rule	VERB
ftr-463	789	3	66	66	NUM
ftr-463	789	4	-	-	SYM
ftr-463	789	5	23	23	NUM
ftr-463	789	6	'	'	PUNCT
ftr-463	789	7	concludes	conclude	VERB
ftr-463	789	8	that	that	SCONJ
ftr-463	789	9	a	a	DET
ftr-463	789	10	five	five	NUM
ftr-463	789	11	-	-	PUNCT
ftr-463	789	12	year	year	NOUN
ftr-463	789	13	holding	holding	NOUN
ftr-463	789	14	period	period	NOUN
ftr-463	789	15	of	of	ADP
ftr-463	789	16	unrestricted	unrestricted	ADJ
ftr-463	789	17	rights	right	NOUN
ftr-463	789	18	of	of	ADP
ftr-463	789	19	ownership	ownership	NOUN
ftr-463	789	20	should	should	AUX
ftr-463	789	21	"	"	PUNCT
ftr-463	789	22	ordinarily	ordinarily	ADV
ftr-463	789	23	"	"	PUNCT
ftr-463	789	24	suffice	suffice	NOUN
ftr-463	789	25	.	.	PUNCT
ftr-463	790	1	however	however	ADV
ftr-463	790	2	,	,	PUNCT
ftr-463	790	3	taxpayers	taxpayer	NOUN
ftr-463	790	4	that	that	DET
ftr-463	790	5	drift	drift	NOUN
ftr-463	790	6	(	(	PUNCT
ftr-463	790	7	intentionally	intentionally	ADV
ftr-463	790	8	or	or	CCONJ
ftr-463	790	9	inadvertently	inadvertently	ADV
ftr-463	790	10	)	)	PUNCT
ftr-463	790	11	from	from	ADP
ftr-463	790	12	these	these	DET
ftr-463	790	13	quantitative	quantitative	ADJ
ftr-463	790	14	and	and	CCONJ
ftr-463	790	15	temporal	temporal	ADJ
ftr-463	790	16	havens	haven	NOUN
ftr-463	790	17	risk	risk	VERB
ftr-463	790	18	dangerously	dangerously	ADV
ftr-463	790	19	dark	dark	ADJ
ftr-463	790	20	and	and	CCONJ
ftr-463	790	21	murky	murky	ADJ
ftr-463	790	22	waters	water	NOUN
ftr-463	790	23	.	.	PUNCT
ftr-463	791	1	commentators	commentator	NOUN
ftr-463	791	2	assert	assert	VERB
ftr-463	791	3	that	that	SCONJ
ftr-463	791	4	the	the	DET
ftr-463	791	5	service	service	NOUN
ftr-463	791	6	could	could	AUX
ftr-463	791	7	bust	bust	VERB
ftr-463	791	8	an	an	DET
ftr-463	791	9	otherwise	otherwise	ADV
ftr-463	791	10	valid	valid	ADJ
ftr-463	791	11	reorganization	reorganization	NOUN
ftr-463	791	12	for	for	ADP
ftr-463	791	13	all	all	PRON
ftr-463	791	14	of	of	ADP
ftr-463	791	15	the	the	DET
ftr-463	791	16	parties	party	NOUN
ftr-463	791	17	if	if	SCONJ
ftr-463	791	18	a	a	DET
ftr-463	791	19	sufficiently	sufficiently	ADV
ftr-463	791	20	large	large	ADJ
ftr-463	791	21	shareholder	shareholder	NOUN
ftr-463	791	22	engages	engage	VERB
ftr-463	791	23	in	in	ADP
ftr-463	791	24	a	a	DET
ftr-463	791	25	short	short	ADJ
ftr-463	791	26	-	-	PUNCT
ftr-463	791	27	sale	sale	NOUN
ftr-463	791	28	-	-	PUNCT
ftr-463	791	29	against	against	ADP
ftr-463	791	30	-	-	PUNCT
ftr-463	791	31	the	the	DET
ftr-463	791	32	-	-	PUNCT
ftr-463	791	33	box	box	NOUN
ftr-463	791	34	with	with	ADP
ftr-463	791	35	respect	respect	NOUN
ftr-463	791	36	to	to	ADP
ftr-463	791	37	acquiror	acquiror	NOUN
ftr-463	791	38	stock,'24	stock,'24	PROPN
ftr-463	791	39	even	even	ADV
ftr-463	791	40	though	though	SCONJ
ftr-463	791	41	121	121	NUM
ftr-463	791	42	.	.	PUNCT
ftr-463	792	1	see	see	VERB
ftr-463	792	2	generally	generally	ADV
ftr-463	792	3	penrod	penrod	PROPN
ftr-463	792	4	v.	v.	PROPN
ftr-463	792	5	commissioner	commissioner	PROPN
ftr-463	792	6	,	,	PUNCT
ftr-463	792	7	88	88	NUM
ftr-463	792	8	t.c	t.c	PROPN
ftr-463	792	9	.	.	PROPN
ftr-463	792	10	1415	1415	NUM
ftr-463	792	11	,	,	PUNCT
ftr-463	792	12	1428	1428	NUM
ftr-463	792	13	(	(	PUNCT
ftr-463	792	14	1987	1987	NUM
ftr-463	792	15	)	)	PUNCT
ftr-463	792	16	(	(	PUNCT
ftr-463	792	17	"	"	PUNCT
ftr-463	792	18	the	the	DET
ftr-463	792	19	resolution	resolution	NOUN
ftr-463	792	20	of	of	ADP
ftr-463	792	21	this	this	DET
ftr-463	792	22	issue	issue	NOUN
ftr-463	792	23	turns	turn	VERB
ftr-463	792	24	on	on	ADP
ftr-463	792	25	the	the	DET
ftr-463	792	26	application	application	NOUN
ftr-463	792	27	of	of	ADP
ftr-463	792	28	the	the	DET
ftr-463	792	29	so	so	ADV
ftr-463	792	30	-	-	PUNCT
ftr-463	792	31	called	call	VERB
ftr-463	792	32	step	step	NOUN
ftr-463	792	33	transaction	transaction	NOUN
ftr-463	792	34	doctrine	doctrine	NOUN
ftr-463	792	35	.	.	PUNCT
ftr-463	792	36	"	"	PUNCT
ftr-463	793	1	explaining	explain	VERB
ftr-463	793	2	heintz	heintz	PROPN
ftr-463	793	3	and	and	CCONJ
ftr-463	793	4	mcdonald	mcdonald	NOUN
ftr-463	793	5	's	's	PART
ftr-463	793	6	on	on	ADP
ftr-463	793	7	that	that	DET
ftr-463	793	8	ground	ground	NOUN
ftr-463	793	9	and	and	CCONJ
ftr-463	793	10	finding	find	VERB
ftr-463	793	11	continuity	continuity	NOUN
ftr-463	793	12	to	to	PART
ftr-463	793	13	be	be	AUX
ftr-463	793	14	present	present	ADJ
ftr-463	793	15	despite	despite	SCONJ
ftr-463	793	16	sale	sale	NOUN
ftr-463	793	17	of	of	ADP
ftr-463	793	18	acquiror	acquiror	NOUN
ftr-463	793	19	's	's	PART
ftr-463	793	20	stock	stock	NOUN
ftr-463	793	21	with	with	ADP
ftr-463	793	22	acquiror	acquiror	NOUN
ftr-463	793	23	's	's	PART
ftr-463	793	24	assistance	assistance	NOUN
ftr-463	793	25	):	):	PUNCT
ftr-463	793	26	estate	estate	NOUN
ftr-463	793	27	of	of	ADP
ftr-463	793	28	christian	christian	PROPN
ftr-463	793	29	v.	v.	PROPN
ftr-463	793	30	commissioner	commissioner	PROPN
ftr-463	793	31	,	,	PUNCT
ftr-463	793	32	57	57	NUM
ftr-463	793	33	t.c	t.c	PROPN
ftr-463	793	34	.	.	PROPN
ftr-463	793	35	memo	memo	NOUN
ftr-463	793	36	(	(	PUNCT
ftr-463	793	37	cch	cch	PROPN
ftr-463	793	38	)	)	PUNCT
ftr-463	793	39	1231	1231	NUM
ftr-463	793	40	,	,	PUNCT
ftr-463	793	41	1239	1239	NUM
ftr-463	793	42	,	,	PUNCT
ftr-463	793	43	t.c	t.c	PROPN
ftr-463	793	44	.	.	PROPN
ftr-463	793	45	memo	memo	NOUN
ftr-463	793	46	(	(	PUNCT
ftr-463	793	47	p	p	NOUN
ftr-463	793	48	-	-	PUNCT
ftr-463	793	49	h	h	NOUN
ftr-463	793	50	)	)	PUNCT
ftr-463	793	51	89,413	89,413	NUM
ftr-463	793	52	at	at	ADP
ftr-463	793	53	89	89	NUM
ftr-463	793	54	-	-	SYM
ftr-463	793	55	2014	2014	NUM
ftr-463	793	56	(	(	PUNCT
ftr-463	793	57	1989	1989	NUM
ftr-463	793	58	)	)	PUNCT
ftr-463	793	59	(	(	PUNCT
ftr-463	793	60	same	same	ADJ
ftr-463	793	61	)	)	PUNCT
ftr-463	793	62	.	.	PUNCT
ftr-463	794	1	see	see	AUX
ftr-463	794	2	also	also	ADV
ftr-463	794	3	ericsson	ericsson	PROPN
ftr-463	794	4	screw	screw	VERB
ftr-463	794	5	machine	machine	NOUN
ftr-463	794	6	products	products	PROPN
ftr-463	794	7	co.	co.	PROPN
ftr-463	795	1	v.	v.	PROPN
ftr-463	795	2	commissioner	commissioner	PROPN
ftr-463	795	3	.	.	PUNCT
ftr-463	796	1	14	14	NUM
ftr-463	796	2	t.c	t.c	PROPN
ftr-463	796	3	.	.	PROPN
ftr-463	796	4	757	757	NUM
ftr-463	796	5	(	(	PUNCT
ftr-463	796	6	1950	1950	NUM
ftr-463	796	7	)	)	PUNCT
ftr-463	796	8	.	.	PUNCT
ftr-463	797	1	severe	severe	ADJ
ftr-463	797	2	restrictions	restriction	NOUN
ftr-463	797	3	on	on	ADP
ftr-463	797	4	taxpayers	taxpayer	NOUN
ftr-463	797	5	'	'	PART
ftr-463	797	6	ability	ability	NOUN
ftr-463	797	7	to	to	PART
ftr-463	797	8	invoke	invoke	VERB
ftr-463	797	9	the	the	DET
ftr-463	797	10	step	step	NOUN
ftr-463	797	11	transaction	transaction	NOUN
ftr-463	797	12	doctrine	doctrine	NOUN
ftr-463	797	13	are	be	AUX
ftr-463	797	14	noted	note	VERB
ftr-463	797	15	in	in	ADP
ftr-463	797	16	pittsburgh	pittsburgh	PROPN
ftr-463	797	17	realty	realty	PROPN
ftr-463	797	18	inv	inv	PROPN
ftr-463	797	19	.	.	PUNCT
ftr-463	798	1	trust	trust	PROPN
ftr-463	798	2	v.	v.	PROPN
ftr-463	798	3	commissioner	commissioner	PROPN
ftr-463	798	4	,	,	PUNCT
ftr-463	798	5	67	67	NUM
ftr-463	798	6	t.c	t.c	PROPN
ftr-463	798	7	.	.	PROPN
ftr-463	798	8	260	260	NUM
ftr-463	798	9	,	,	PUNCT
ftr-463	798	10	274	274	NUM
ftr-463	798	11	-	-	SYM
ftr-463	798	12	78	78	NUM
ftr-463	798	13	(	(	PUNCT
ftr-463	798	14	1976	1976	NUM
ftr-463	798	15	)	)	PUNCT
ftr-463	798	16	.	.	PUNCT
ftr-463	799	1	see	see	VERB
ftr-463	799	2	also	also	ADV
ftr-463	799	3	estate	estate	NOUN
ftr-463	799	4	of	of	ADP
ftr-463	799	5	durkin	durkin	PROPN
ftr-463	799	6	v.	v.	PROPN
ftr-463	799	7	commissioner	commissioner	PROPN
ftr-463	799	8	,	,	PUNCT
ftr-463	799	9	99	99	NUM
ftr-463	799	10	t.c	t.c	PROPN
ftr-463	799	11	.	.	PROPN
ftr-463	799	12	561	561	NUM
ftr-463	799	13	(	(	PUNCT
ftr-463	799	14	1992	1992	NUM
ftr-463	799	15	)	)	PUNCT
ftr-463	799	16	.	.	PUNCT
ftr-463	800	1	see	see	VERB
ftr-463	800	2	generally	generally	ADV
ftr-463	800	3	ginsburg	ginsburg	PROPN
ftr-463	800	4	&	&	CCONJ
ftr-463	800	5	levin	levin	PROPN
ftr-463	800	6	,	,	PUNCT
ftr-463	800	7	supra	supra	PROPN
ftr-463	800	8	note	note	PROPN
ftr-463	800	9	1	1	NUM
ftr-463	800	10	,	,	PUNCT
ftr-463	800	11	§	§	PROPN
ftr-463	800	12	608	608	NUM
ftr-463	800	13	at	at	ADP
ftr-463	800	14	536	536	NUM
ftr-463	800	15	-	-	SYM
ftr-463	800	16	56	56	NUM
ftr-463	800	17	.	.	NOUN
ftr-463	800	18	122	122	NUM
ftr-463	800	19	.	.	PUNCT
ftr-463	801	1	1977	1977	NUM
ftr-463	801	2	-	-	SYM
ftr-463	801	3	2	2	NUM
ftr-463	801	4	c.b	c.b	PROPN
ftr-463	801	5	.	.	PROPN
ftr-463	801	6	568	568	NUM
ftr-463	801	7	,	,	PUNCT
ftr-463	801	8	as	as	SCONJ
ftr-463	801	9	modified	modify	VERB
ftr-463	801	10	by	by	ADP
ftr-463	801	11	rev	rev	PROPN
ftr-463	801	12	.	.	PROPN
ftr-463	801	13	proc	proc	PROPN
ftr-463	801	14	.	.	PUNCT
ftr-463	802	1	86	86	NUM
ftr-463	802	2	-	-	SYM
ftr-463	802	3	42	42	NUM
ftr-463	802	4	,	,	PUNCT
ftr-463	802	5	1986	1986	NUM
ftr-463	802	6	-	-	SYM
ftr-463	802	7	2	2	NUM
ftr-463	802	8	c.b	c.b	PROPN
ftr-463	802	9	.	.	PROPN
ftr-463	802	10	722	722	NUM
ftr-463	802	11	.	.	PUNCT
ftr-463	803	1	123	123	NUM
ftr-463	803	2	.	.	PUNCT
ftr-463	804	1	1966	1966	NUM
ftr-463	804	2	-	-	SYM
ftr-463	804	3	1	1	NUM
ftr-463	804	4	c.b	c.b	PROPN
ftr-463	804	5	.	.	PROPN
ftr-463	804	6	67	67	NUM
ftr-463	804	7	;	;	PUNCT
ftr-463	804	8	see	see	AUX
ftr-463	804	9	also	also	ADV
ftr-463	804	10	rev	rev	VERB
ftr-463	804	11	.	.	PUNCT
ftr-463	805	1	rul	rul	NOUN
ftr-463	805	2	.	.	PUNCT
ftr-463	806	1	78	78	NUM
ftr-463	806	2	-	-	SYM
ftr-463	806	3	142	142	NUM
ftr-463	806	4	,	,	PUNCT
ftr-463	806	5	1978	1978	NUM
ftr-463	806	6	-	-	SYM
ftr-463	806	7	1	1	NUM
ftr-463	806	8	c.b	c.b	PROPN
ftr-463	806	9	.	.	PROPN
ftr-463	806	10	i11	i11	NOUN
ftr-463	806	11	.	.	PUNCT
ftr-463	807	1	124	124	NUM
ftr-463	807	2	.	.	PUNCT
ftr-463	808	1	see	see	PROPN
ftr-463	808	2	ginsburg	ginsburg	PROPN
ftr-463	808	3	&	&	CCONJ
ftr-463	808	4	levin	levin	PROPN
ftr-463	808	5	,	,	PUNCT
ftr-463	808	6	supra	supra	PROPN
ftr-463	808	7	note	note	NOUN
ftr-463	808	8	1	1	X
ftr-463	808	9	.	.	PUNCT
ftr-463	809	1	§	§	PROPN
ftr-463	809	2	610.6.3	610.6.3	PROPN
ftr-463	809	3	at	at	ADP
ftr-463	809	4	599	599	NUM
ftr-463	809	5	-	-	SYM
ftr-463	809	6	600	600	NUM
ftr-463	809	7	.	.	PUNCT
ftr-463	810	1	this	this	DET
ftr-463	810	2	issue	issue	NOUN
ftr-463	810	3	has	have	AUX
ftr-463	810	4	sparked	spark	VERB
ftr-463	810	5	the	the	DET
ftr-463	810	6	passion	passion	NOUN
ftr-463	810	7	of	of	ADP
ftr-463	810	8	tax	tax	NOUN
ftr-463	810	9	practitioners	practitioner	NOUN
ftr-463	810	10	on	on	ADP
ftr-463	810	11	both	both	DET
ftr-463	810	12	sides	side	NOUN
ftr-463	810	13	.	.	PUNCT
ftr-463	811	1	see	see	VERB
ftr-463	811	2	robert	robert	PROPN
ftr-463	811	3	willens	willens	PROPN
ftr-463	811	4	&	&	CCONJ
ftr-463	811	5	andrea	andrea	PROPN
ftr-463	811	6	j.	j.	PROPN
ftr-463	811	7	phillips	phillips	PROPN
ftr-463	811	8	,	,	PUNCT
ftr-463	811	9	do	do	AUX
ftr-463	811	10	equity	equity	NOUN
ftr-463	811	11	swaps	swap	NOUN
ftr-463	811	12	affect	affect	VERB
ftr-463	811	13	satisfaction	satisfaction	NOUN
ftr-463	811	14	of	of	ADP
ftr-463	811	15	continuity	continuity	NOUN
ftr-463	811	16	of	of	ADP
ftr-463	811	17	interest	interest	NOUN
ftr-463	811	18	?	?	PUNCT
ftr-463	812	1	95	95	NUM
ftr-463	812	2	tnt	tnt	NOUN
ftr-463	812	3	132	132	NUM
ftr-463	812	4	-	-	SYM
ftr-463	812	5	28	28	NUM
ftr-463	812	6	(	(	PUNCT
ftr-463	812	7	lexis	lexis	NOUN
ftr-463	812	8	,	,	PUNCT
ftr-463	812	9	fedtax	fedtax	NOUN
ftr-463	812	10	library	library	NOUN
ftr-463	812	11	,	,	PUNCT
ftr-463	812	12	tnt	tnt	NOUN
ftr-463	812	13	file	file	NOUN
ftr-463	812	14	)	)	PUNCT
ftr-463	812	15	(	(	PUNCT
ftr-463	812	16	answer	answer	VERB
ftr-463	812	17	"	"	PUNCT
ftr-463	812	18	no	no	INTJ
ftr-463	812	19	"	"	PUNCT
ftr-463	812	20	for	for	ADP
ftr-463	812	21	short	short	ADJ
ftr-463	812	22	-	-	PUNCT
ftr-463	812	23	sales	sale	NOUN
ftr-463	812	24	-	-	PUNCT
ftr-463	812	25	against	against	ADP
ftr-463	812	26	-	-	PUNCT
ftr-463	812	27	the	the	DET
ftr-463	812	28	-	-	PUNCT
ftr-463	812	29	box	box	NOUN
ftr-463	812	30	and	and	CCONJ
ftr-463	812	31	equity	equity	NOUN
ftr-463	812	32	swaps	swap	NOUN
ftr-463	812	33	)	)	PUNCT
ftr-463	812	34	;	;	PUNCT
ftr-463	812	35	jared	jared	PROPN
ftr-463	812	36	m.	m.	PROPN
ftr-463	812	37	rusman	rusman	PROPN
ftr-463	812	38	,	,	PUNCT
ftr-463	812	39	equity	equity	NOUN
ftr-463	812	40	swaps	swap	NOUN
ftr-463	812	41	and	and	CCONJ
ftr-463	812	42	post	post	ADJ
ftr-463	812	43	-	-	ADJ
ftr-463	812	44	transaction	transaction	ADJ
ftr-463	812	45	continuity	continuity	NOUN
ftr-463	812	46	of	of	ADP
ftr-463	812	47	interest	interest	NOUN
ftr-463	812	48	,	,	PUNCT
ftr-463	812	49	96	96	NUM
ftr-463	812	50	tnt	tnt	PROPN
ftr-463	812	51	128	128	NUM
ftr-463	812	52	-	-	SYM
ftr-463	812	53	110	110	NUM
ftr-463	812	54	(	(	PUNCT
ftr-463	812	55	lexis	lexis	NOUN
ftr-463	812	56	,	,	PUNCT
ftr-463	812	57	fedtax	fedtax	NOUN
ftr-463	812	58	library	library	NOUN
ftr-463	812	59	,	,	PUNCT
ftr-463	812	60	tnt	tnt	NOUN
ftr-463	812	61	file	file	NOUN
ftr-463	812	62	)	)	PUNCT
ftr-463	812	63	(	(	PUNCT
ftr-463	812	64	"	"	PUNCT
ftr-463	812	65	serious	serious	ADJ
ftr-463	812	66	risk	risk	NOUN
ftr-463	812	67	"	"	PUNCT
ftr-463	812	68	that	that	PRON
ftr-463	812	69	an	an	DET
ftr-463	812	70	equity	equity	NOUN
ftr-463	812	71	swap	swap	NOUN
ftr-463	812	72	or	or	CCONJ
ftr-463	812	73	shortagainst	shortagainst	NOUN
ftr-463	812	74	-	-	PUNCT
ftr-463	812	75	the	the	DET
ftr-463	812	76	-	-	PUNCT
ftr-463	812	77	box	box	NOUN
ftr-463	812	78	could	could	AUX
ftr-463	812	79	break	break	VERB
ftr-463	812	80	continuity	continuity	NOUN
ftr-463	812	81	)	)	PUNCT
ftr-463	812	82	;	;	PUNCT
ftr-463	812	83	robert	robert	PROPN
ftr-463	812	84	willens	willens	PROPN
ftr-463	812	85	&	&	CCONJ
ftr-463	812	86	andrea	andrea	PROPN
ftr-463	812	87	j.	j.	PROPN
ftr-463	812	88	phillips	phillips	PROPN
ftr-463	812	89	.	.	PUNCT
ftr-463	813	1	continued	continue	VERB
ftr-463	813	2	interest	interest	NOUN
ftr-463	813	3	in	in	ADP
ftr-463	813	4	the	the	DET
ftr-463	813	5	continuity	continuity	NOUN
ftr-463	813	6	of	of	ADP
ftr-463	813	7	interest	interest	NOUN
ftr-463	813	8	debate	debate	NOUN
ftr-463	813	9	,	,	PUNCT
ftr-463	813	10	96	96	NUM
ftr-463	813	11	tnt	tnt	NOUN
ftr-463	813	12	137	137	NUM
ftr-463	813	13	-	-	SYM
ftr-463	813	14	88	88	NUM
ftr-463	813	15	(	(	PUNCT
ftr-463	813	16	lexis	lexis	NOUN
ftr-463	813	17	,	,	PUNCT
ftr-463	813	18	fedtax	fedtax	ADJ
ftr-463	813	19	library	library	NOUN
ftr-463	813	20	.	.	PUNCT
ftr-463	814	1	tnt	tnt	PROPN
ftr-463	814	2	file	file	NOUN
ftr-463	814	3	)	)	PUNCT
ftr-463	814	4	(	(	PUNCT
ftr-463	814	5	"	"	PUNCT
ftr-463	814	6	vigorously	vigorously	ADV
ftr-463	814	7	contest[ing	contest[e	VERB
ftr-463	814	8	]	]	PUNCT
ftr-463	814	9	several	several	ADJ
ftr-463	814	10	of	of	ADP
ftr-463	814	11	mr	mr	PROPN
ftr-463	814	12	.	.	PROPN
ftr-463	814	13	rusman	rusman	PROPN
ftr-463	814	14	's	's	PART
ftr-463	814	15	assertions	assertion	NOUN
ftr-463	814	16	"	"	PUNCT
ftr-463	814	17	and	and	CCONJ
ftr-463	814	18	"	"	PUNCT
ftr-463	814	19	eagerly	eagerly	ADV
ftr-463	814	20	await[ing	await[e	VERB
ftr-463	814	21	mr	mr	PROPN
ftr-463	814	22	.	.	PROPN
ftr-463	814	23	rusman	rusman	PROPN
ftr-463	814	24	's	's	PART
ftr-463	814	25	response	response	NOUN
ftr-463	814	26	,	,	PUNCT
ftr-463	814	27	should	should	AUX
ftr-463	814	28	he	he	PRON
ftr-463	814	29	choose	choose	VERB
ftr-463	814	30	to	to	PART
ftr-463	814	31	submit	submit	VERB
ftr-463	814	32	one	one	NUM
ftr-463	814	33	"	"	PUNCT
ftr-463	814	34	)	)	PUNCT
ftr-463	814	35	.	.	PUNCT
ftr-463	815	1	mr	mr	PROPN
ftr-463	815	2	.	.	PROPN
ftr-463	815	3	rusman	rusman	PROPN
ftr-463	815	4	has	have	AUX
ftr-463	815	5	of	of	ADP
ftr-463	815	6	yet	yet	ADV
ftr-463	815	7	not	not	PART
ftr-463	815	8	answered	answer	VERB
ftr-463	815	9	the	the	DET
ftr-463	815	10	challenge	challenge	NOUN
ftr-463	815	11	.	.	PUNCT
ftr-463	816	1	florida	florida	PROPN
ftr-463	816	2	tax	tax	PROPN
ftr-463	816	3	review	review	NOUN
ftr-463	816	4	such	such	DET
ftr-463	816	5	a	a	DET
ftr-463	816	6	shareholder	shareholder	NOUN
ftr-463	816	7	could	could	AUX
ftr-463	816	8	truthfully	truthfully	ADV
ftr-463	816	9	make	make	VERB
ftr-463	816	10	the	the	DET
ftr-463	816	11	representation	representation	NOUN
ftr-463	816	12	required	require	VERB
ftr-463	816	13	by	by	ADP
ftr-463	816	14	revenue	revenue	NOUN
ftr-463	816	15	procedure	procedure	NOUN
ftr-463	816	16	77	77	NUM
ftr-463	816	17	-	-	SYM
ftr-463	816	18	37.'25	37.'25	NUM
ftr-463	816	19	d.	d.	PROPN
ftr-463	816	20	double	double	PROPN
ftr-463	816	21	duty	duty	NOUN
ftr-463	816	22	-	-	PUNCT
ftr-463	816	23	application	application	NOUN
ftr-463	816	24	of	of	ADP
ftr-463	816	25	the	the	DET
ftr-463	816	26	continuity	continuity	NOUN
ftr-463	816	27	of	of	ADP
ftr-463	816	28	interest	interest	NOUN
ftr-463	816	29	doctrine	doctrine	NOUN
ftr-463	816	30	to	to	ADP
ftr-463	816	31	integrated	integrate	VERB
ftr-463	816	32	asset	asset	NOUN
ftr-463	816	33	purchases	purchase	NOUN
ftr-463	816	34	continuity	continuity	NOUN
ftr-463	816	35	was	be	AUX
ftr-463	816	36	expanded	expand	VERB
ftr-463	816	37	to	to	ADP
ftr-463	816	38	a	a	DET
ftr-463	816	39	fourth	fourth	ADJ
ftr-463	816	40	category	category	NOUN
ftr-463	816	41	of	of	ADP
ftr-463	816	42	cases	case	NOUN
ftr-463	816	43	involving	involve	VERB
ftr-463	816	44	integrated	integrate	VERB
ftr-463	816	45	transactions	transaction	NOUN
ftr-463	816	46	in	in	ADP
ftr-463	816	47	which	which	PRON
ftr-463	816	48	an	an	DET
ftr-463	816	49	acquiror	acquiror	NOUN
ftr-463	816	50	purchased	purchase	VERB
ftr-463	816	51	stock	stock	NOUN
ftr-463	816	52	but	but	CCONJ
ftr-463	816	53	took	take	VERB
ftr-463	816	54	additional	additional	ADJ
ftr-463	816	55	steps	step	NOUN
ftr-463	816	56	in	in	ADP
ftr-463	816	57	order	order	NOUN
ftr-463	816	58	to	to	PART
ftr-463	816	59	treat	treat	VERB
ftr-463	816	60	the	the	DET
ftr-463	816	61	transaction	transaction	NOUN
ftr-463	816	62	as	as	ADP
ftr-463	816	63	an	an	DET
ftr-463	816	64	asset	asset	NOUN
ftr-463	816	65	sale	sale	NOUN
ftr-463	816	66	.	.	PUNCT
ftr-463	817	1	although	although	SCONJ
ftr-463	817	2	the	the	DET
ftr-463	817	3	continuity	continuity	NOUN
ftr-463	817	4	doctrine	doctrine	NOUN
ftr-463	817	5	provided	provide	VERB
ftr-463	817	6	a	a	DET
ftr-463	817	7	convenient	convenient	ADJ
ftr-463	817	8	basis	basis	NOUN
ftr-463	817	9	to	to	PART
ftr-463	817	10	permit	permit	VERB
ftr-463	817	11	the	the	DET
ftr-463	817	12	stock	stock	NOUN
ftr-463	817	13	sale	sale	NOUN
ftr-463	817	14	to	to	PART
ftr-463	817	15	be	be	AUX
ftr-463	817	16	treated	treat	VERB
ftr-463	817	17	as	as	ADP
ftr-463	817	18	an	an	DET
ftr-463	817	19	asset	asset	NOUN
ftr-463	817	20	sale	sale	NOUN
ftr-463	817	21	,	,	PUNCT
ftr-463	817	22	its	its	PRON
ftr-463	817	23	invocation	invocation	NOUN
ftr-463	817	24	in	in	ADP
ftr-463	817	25	these	these	DET
ftr-463	817	26	cases	case	NOUN
ftr-463	817	27	led	lead	VERB
ftr-463	817	28	to	to	ADP
ftr-463	817	29	a	a	DET
ftr-463	817	30	great	great	ADJ
ftr-463	817	31	deal	deal	NOUN
ftr-463	817	32	of	of	ADP
ftr-463	817	33	confusion	confusion	NOUN
ftr-463	817	34	.	.	PUNCT
ftr-463	818	1	in	in	ADP
ftr-463	818	2	a	a	DET
ftr-463	818	3	line	line	NOUN
ftr-463	818	4	of	of	ADP
ftr-463	818	5	cases	case	NOUN
ftr-463	818	6	beginning	begin	VERB
ftr-463	818	7	before	before	ADP
ftr-463	818	8	pinellas	pinellas	PROPN
ftr-463	818	9	,	,	PUNCT
ftr-463	818	10	courts	court	NOUN
ftr-463	818	11	unanimously	unanimously	ADV
ftr-463	818	12	held	hold	VERB
ftr-463	818	13	that	that	SCONJ
ftr-463	818	14	where	where	SCONJ
ftr-463	818	15	a	a	DET
ftr-463	818	16	taxpayer	taxpayer	NOUN
ftr-463	818	17	expresses	express	VERB
ftr-463	818	18	an	an	DET
ftr-463	818	19	unambiguous	unambiguous	ADJ
ftr-463	818	20	intention	intention	NOUN
ftr-463	818	21	to	to	PART
ftr-463	818	22	purchase	purchase	VERB
ftr-463	818	23	the	the	DET
ftr-463	818	24	assets	asset	NOUN
ftr-463	818	25	of	of	ADP
ftr-463	818	26	an	an	DET
ftr-463	818	27	incorporated	incorporated	ADJ
ftr-463	818	28	company	company	NOUN
ftr-463	818	29	but	but	CCONJ
ftr-463	818	30	for	for	ADP
ftr-463	818	31	various	various	ADJ
ftr-463	818	32	business	business	NOUN
ftr-463	818	33	reasons	reason	NOUN
ftr-463	818	34	is	be	AUX
ftr-463	818	35	able	able	ADJ
ftr-463	818	36	to	to	PART
ftr-463	818	37	accomplish	accomplish	VERB
ftr-463	818	38	the	the	DET
ftr-463	818	39	asset	asset	NOUN
ftr-463	818	40	purchase	purchase	NOUN
ftr-463	818	41	only	only	ADV
ftr-463	818	42	by	by	ADP
ftr-463	818	43	purchasing	purchase	VERB
ftr-463	818	44	the	the	DET
ftr-463	818	45	company	company	NOUN
ftr-463	818	46	's	's	PART
ftr-463	818	47	stock	stock	NOUN
ftr-463	818	48	and	and	CCONJ
ftr-463	818	49	dissolving	dissolve	VERB
ftr-463	818	50	the	the	DET
ftr-463	818	51	corporation	corporation	NOUN
ftr-463	818	52	,	,	PUNCT
ftr-463	818	53	the	the	DET
ftr-463	818	54	acquiror	acquiror	NOUN
ftr-463	818	55	would	would	AUX
ftr-463	818	56	be	be	AUX
ftr-463	818	57	permitted	permit	VERB
ftr-463	818	58	(	(	PUNCT
ftr-463	818	59	and	and	CCONJ
ftr-463	818	60	,	,	PUNCT
ftr-463	818	61	in	in	ADP
ftr-463	818	62	fact	fact	NOUN
ftr-463	818	63	,	,	PUNCT
ftr-463	818	64	required	require	VERB
ftr-463	818	65	)	)	PUNCT
ftr-463	818	66	to	to	PART
ftr-463	818	67	treat	treat	VERB
ftr-463	818	68	the	the	DET
ftr-463	818	69	stock	stock	NOUN
ftr-463	818	70	purchase	purchase	NOUN
ftr-463	818	71	and	and	CCONJ
ftr-463	818	72	subsequent	subsequent	ADJ
ftr-463	818	73	dissolution	dissolution	NOUN
ftr-463	818	74	as	as	ADP
ftr-463	818	75	a	a	DET
ftr-463	818	76	single	single	ADJ
ftr-463	818	77	integrated	integrate	VERB
ftr-463	818	78	transaction	transaction	NOUN
ftr-463	818	79	for	for	ADP
ftr-463	818	80	which	which	PRON
ftr-463	818	81	the	the	DET
ftr-463	818	82	acquiror	acquiror	NOUN
ftr-463	818	83	obtains	obtain	VERB
ftr-463	818	84	a	a	DET
ftr-463	818	85	cost	cost	NOUN
ftr-463	818	86	-	-	PUNCT
ftr-463	818	87	rather	rather	ADV
ftr-463	818	88	than	than	ADP
ftr-463	818	89	a	a	DET
ftr-463	818	90	carryover	carryover	NOUN
ftr-463	818	91	-	-	PUNCT
ftr-463	818	92	basis	basis	NOUN
ftr-463	818	93	in	in	ADP
ftr-463	818	94	the	the	DET
ftr-463	818	95	target	target	NOUN
ftr-463	818	96	's	's	PART
ftr-463	818	97	assets.1	assets.1	PROPN
ftr-463	818	98	6	6	NUM
ftr-463	818	99	the	the	DET
ftr-463	818	100	cases	case	NOUN
ftr-463	818	101	applied	apply	VERB
ftr-463	818	102	this	this	DET
ftr-463	818	103	"	"	PUNCT
ftr-463	818	104	integrated	integrated	ADJ
ftr-463	818	105	transaction	transaction	NOUN
ftr-463	818	106	doctrine	doctrine	NOUN
ftr-463	818	107	"	"	PUNCT
ftr-463	818	108	whether	whether	SCONJ
ftr-463	818	109	the	the	DET
ftr-463	818	110	target	target	NOUN
ftr-463	818	111	was	be	AUX
ftr-463	818	112	dissolved	dissolve	VERB
ftr-463	818	113	(	(	PUNCT
ftr-463	818	114	1	1	NUM
ftr-463	818	115	)	)	PUNCT
ftr-463	818	116	by	by	ADP
ftr-463	818	117	upstream	upstream	ADJ
ftr-463	818	118	merger	merger	NOUN
ftr-463	818	119	with127	with127	PROPN
ftr-463	818	120	or	or	CCONJ
ftr-463	818	121	liquidation	liquidation	NOUN
ftr-463	818	122	into	into	ADP
ftr-463	818	123	128	128	NUM
ftr-463	818	124	the	the	DET
ftr-463	818	125	acquiror	acquiror	NOUN
ftr-463	818	126	,	,	PUNCT
ftr-463	818	127	(	(	PUNCT
ftr-463	818	128	2	2	X
ftr-463	818	129	)	)	PUNCT
ftr-463	818	130	pursuant	pursuant	ADJ
ftr-463	818	131	to	to	ADP
ftr-463	818	132	a	a	DET
ftr-463	818	133	merger	merger	NOUN
ftr-463	818	134	of	of	ADP
ftr-463	818	135	the	the	DET
ftr-463	818	136	125	125	NUM
ftr-463	818	137	.	.	PUNCT
ftr-463	819	1	in	in	ADP
ftr-463	819	2	a	a	DET
ftr-463	819	3	short	short	ADJ
ftr-463	819	4	-	-	PUNCT
ftr-463	819	5	sale	sale	NOUN
ftr-463	819	6	-	-	PUNCT
ftr-463	819	7	against	against	ADP
ftr-463	819	8	-	-	PUNCT
ftr-463	819	9	the	the	DET
ftr-463	819	10	-	-	PUNCT
ftr-463	819	11	box	box	NOUN
ftr-463	819	12	,	,	PUNCT
ftr-463	819	13	the	the	DET
ftr-463	819	14	shareholder	shareholder	NOUN
ftr-463	819	15	retains	retain	VERB
ftr-463	819	16	the	the	DET
ftr-463	819	17	acquiror	acquiror	NOUN
ftr-463	819	18	stock	stock	NOUN
ftr-463	819	19	but	but	CCONJ
ftr-463	819	20	borrows	borrow	VERB
ftr-463	819	21	other	other	ADJ
ftr-463	819	22	acquiror	acquiror	NOUN
ftr-463	819	23	stock	stock	NOUN
ftr-463	819	24	and	and	CCONJ
ftr-463	819	25	sells	sell	VERB
ftr-463	819	26	it	it	PRON
ftr-463	819	27	into	into	ADP
ftr-463	819	28	the	the	DET
ftr-463	819	29	market	market	NOUN
ftr-463	819	30	.	.	PUNCT
ftr-463	820	1	since	since	SCONJ
ftr-463	820	2	the	the	DET
ftr-463	820	3	shareholder	shareholder	NOUN
ftr-463	820	4	does	do	AUX
ftr-463	820	5	not	not	PART
ftr-463	820	6	dispose	dispose	VERB
ftr-463	820	7	of	of	ADP
ftr-463	820	8	the	the	DET
ftr-463	820	9	acquiror	acquiror	NOUN
ftr-463	820	10	stock	stock	NOUN
ftr-463	820	11	received	receive	VERB
ftr-463	820	12	in	in	ADP
ftr-463	820	13	the	the	DET
ftr-463	820	14	acquisition	acquisition	NOUN
ftr-463	820	15	,	,	PUNCT
ftr-463	820	16	the	the	DET
ftr-463	820	17	representation	representation	NOUN
ftr-463	820	18	is	be	AUX
ftr-463	820	19	not	not	PART
ftr-463	820	20	breached	breach	VERB
ftr-463	820	21	.	.	PUNCT
ftr-463	821	1	126	126	X
ftr-463	821	2	.	.	PUNCT
ftr-463	822	1	see	see	VERB
ftr-463	822	2	,	,	PUNCT
ftr-463	822	3	e.g.	e.g.	ADV
ftr-463	822	4	,	,	PUNCT
ftr-463	822	5	security	security	NOUN
ftr-463	822	6	indus	indus	NOUN
ftr-463	822	7	.	.	PUNCT
ftr-463	823	1	ins	ins	PROPN
ftr-463	823	2	.	.	PUNCT
ftr-463	823	3	co.	co.	PROPN
ftr-463	823	4	v.	v.	PROPN
ftr-463	823	5	united	united	PROPN
ftr-463	823	6	states	states	PROPN
ftr-463	823	7	,	,	PUNCT
ftr-463	823	8	702	702	NUM
ftr-463	823	9	f.2d	f.2d	NOUN
ftr-463	823	10	1234	1234	NUM
ftr-463	823	11	(	(	PUNCT
ftr-463	823	12	5th	5th	ADJ
ftr-463	823	13	cir	cir	NOUN
ftr-463	823	14	.	.	PUNCT
ftr-463	823	15	1983	1983	NUM
ftr-463	823	16	)	)	PUNCT
ftr-463	823	17	;	;	PUNCT
ftr-463	823	18	american	american	ADJ
ftr-463	823	19	potash	potash	NOUN
ftr-463	823	20	&	&	CCONJ
ftr-463	823	21	chem	chem	PROPN
ftr-463	823	22	.	.	PUNCT
ftr-463	824	1	corp	corp	PROPN
ftr-463	824	2	.	.	PROPN
ftr-463	824	3	v.	v.	PROPN
ftr-463	824	4	united	united	PROPN
ftr-463	824	5	states	states	PROPN
ftr-463	824	6	,	,	PUNCT
ftr-463	824	7	399	399	NUM
ftr-463	824	8	f.2d	f.2d	SYM
ftr-463	824	9	194	194	NUM
ftr-463	824	10	(	(	PUNCT
ftr-463	824	11	ct	ct	PROPN
ftr-463	824	12	.	.	PUNCT
ftr-463	824	13	cl	cl	NOUN
ftr-463	824	14	.	.	PUNCT
ftr-463	824	15	1968	1968	NUM
ftr-463	824	16	)	)	PUNCT
ftr-463	824	17	;	;	PUNCT
ftr-463	824	18	united	united	PROPN
ftr-463	824	19	states	states	PROPN
ftr-463	824	20	v.	v.	ADP
ftr-463	824	21	m.o.j	m.o.j	PROPN
ftr-463	824	22	.	.	PROPN
ftr-463	824	23	corp	corp	PROPN
ftr-463	824	24	.	.	PROPN
ftr-463	824	25	,	,	PUNCT
ftr-463	824	26	274	274	NUM
ftr-463	824	27	f.2d	f.2d	NOUN
ftr-463	824	28	713	713	NUM
ftr-463	824	29	(	(	PUNCT
ftr-463	824	30	5th	5th	ADJ
ftr-463	824	31	cir	cir	NOUN
ftr-463	824	32	.	.	PUNCT
ftr-463	824	33	1960	1960	NUM
ftr-463	824	34	)	)	PUNCT
ftr-463	824	35	;	;	PUNCT
ftr-463	824	36	cannonburg	cannonburg	PROPN
ftr-463	824	37	skiing	skiing	PROPN
ftr-463	824	38	corp	corp	PROPN
ftr-463	824	39	.	.	PROPN
ftr-463	824	40	v.	v.	PROPN
ftr-463	824	41	commissioner	commissioner	PROPN
ftr-463	824	42	,	,	PUNCT
ftr-463	824	43	51	51	NUM
ftr-463	824	44	t.c	t.c	PROPN
ftr-463	824	45	.	.	PROPN
ftr-463	824	46	memo	memo	NOUN
ftr-463	824	47	(	(	PUNCT
ftr-463	824	48	cch	cch	NOUN
ftr-463	824	49	)	)	PUNCT
ftr-463	824	50	844	844	NUM
ftr-463	824	51	,	,	PUNCT
ftr-463	824	52	t.c	t.c	PROPN
ftr-463	824	53	.	.	PROPN
ftr-463	824	54	memo	memo	NOUN
ftr-463	824	55	(	(	PUNCT
ftr-463	824	56	p	p	NOUN
ftr-463	824	57	-	-	PUNCT
ftr-463	824	58	h	h	NOUN
ftr-463	824	59	)	)	PUNCT
ftr-463	824	60	86,150	86,150	NUM
ftr-463	824	61	(	(	PUNCT
ftr-463	824	62	1986	1986	NUM
ftr-463	824	63	)	)	PUNCT
ftr-463	824	64	,	,	PUNCT
ftr-463	824	65	aff'd	aff'd	NOUN
ftr-463	824	66	sub	sub	PROPN
ftr-463	824	67	nom	nom	PROPN
ftr-463	824	68	.	.	PUNCT
ftr-463	825	1	russell	russell	PROPN
ftr-463	825	2	v.	v.	PROPN
ftr-463	825	3	commissioner	commissioner	PROPN
ftr-463	825	4	,	,	PUNCT
ftr-463	825	5	832	832	NUM
ftr-463	825	6	f.2d	f.2d	SYM
ftr-463	825	7	349	349	NUM
ftr-463	825	8	(	(	PUNCT
ftr-463	825	9	6th	6th	ADJ
ftr-463	825	10	cir	cir	NOUN
ftr-463	825	11	.	.	PUNCT
ftr-463	825	12	1987	1987	NUM
ftr-463	825	13	)	)	PUNCT
ftr-463	825	14	;	;	PUNCT
ftr-463	825	15	estate	estate	NOUN
ftr-463	825	16	of	of	ADP
ftr-463	825	17	mcwhorter	mcwhorter	PROPN
ftr-463	825	18	v.	v.	PROPN
ftr-463	825	19	commissioner	commissioner	PROPN
ftr-463	825	20	,	,	PUNCT
ftr-463	825	21	69	69	NUM
ftr-463	825	22	t.c	t.c	NOUN
ftr-463	825	23	.	.	PROPN
ftr-463	826	1	650	650	NUM
ftr-463	826	2	(	(	PUNCT
ftr-463	826	3	1978	1978	NUM
ftr-463	826	4	)	)	PUNCT
ftr-463	826	5	,	,	PUNCT
ftr-463	826	6	affd	affd	VERB
ftr-463	826	7	without	without	ADP
ftr-463	826	8	written	write	VERB
ftr-463	826	9	opinion	opinion	NOUN
ftr-463	826	10	,	,	PUNCT
ftr-463	826	11	590	590	NUM
ftr-463	826	12	f.2d	f.2d	NOUN
ftr-463	826	13	340	340	NUM
ftr-463	826	14	(	(	PUNCT
ftr-463	826	15	8th	8th	ADJ
ftr-463	826	16	cir	cir	NOUN
ftr-463	826	17	.	.	PROPN
ftr-463	826	18	1978	1978	NUM
ftr-463	826	19	)	)	PUNCT
ftr-463	826	20	;	;	PUNCT
ftr-463	826	21	yoc	yoc	PROPN
ftr-463	826	22	heating	heating	PROPN
ftr-463	826	23	corp	corp	PROPN
ftr-463	826	24	.	.	PROPN
ftr-463	827	1	v.	v.	PROPN
ftr-463	827	2	commissioner	commissioner	PROPN
ftr-463	827	3	,	,	PUNCT
ftr-463	827	4	61	61	NUM
ftr-463	827	5	t.c	t.c	PROPN
ftr-463	827	6	.	.	PROPN
ftr-463	827	7	168	168	NUM
ftr-463	827	8	(	(	PUNCT
ftr-463	827	9	1973	1973	NUM
ftr-463	827	10	)	)	PUNCT
ftr-463	827	11	;	;	PUNCT
ftr-463	827	12	long	long	PROPN
ftr-463	827	13	island	island	PROPN
ftr-463	827	14	water	water	PROPN
ftr-463	827	15	corp	corp	PROPN
ftr-463	827	16	.	.	PROPN
ftr-463	828	1	v.	v.	PROPN
ftr-463	828	2	commissioner	commissioner	PROPN
ftr-463	828	3	,	,	PUNCT
ftr-463	828	4	36	36	NUM
ftr-463	828	5	t.c	t.c	PROPN
ftr-463	828	6	.	.	PROPN
ftr-463	828	7	377	377	NUM
ftr-463	828	8	(	(	PUNCT
ftr-463	828	9	1961	1961	NUM
ftr-463	828	10	)	)	PUNCT
ftr-463	828	11	;	;	PUNCT
ftr-463	828	12	southwell	southwell	PROPN
ftr-463	828	13	combing	combing	PROPN
ftr-463	828	14	co.	co.	PROPN
ftr-463	828	15	v.	v.	PROPN
ftr-463	828	16	commissioner	commissioner	PROPN
ftr-463	828	17	,	,	PUNCT
ftr-463	828	18	30	30	NUM
ftr-463	828	19	t.c	t.c	PROPN
ftr-463	828	20	.	.	PROPN
ftr-463	828	21	487	487	NUM
ftr-463	828	22	(	(	PUNCT
ftr-463	828	23	1958	1958	NUM
ftr-463	828	24	)	)	PUNCT
ftr-463	828	25	;	;	PUNCT
ftr-463	828	26	american	american	PROPN
ftr-463	828	27	wire	wire	PROPN
ftr-463	828	28	fabrics	fabrics	PROPN
ftr-463	828	29	corp	corp	PROPN
ftr-463	828	30	.	.	PROPN
ftr-463	829	1	v.	v.	PROPN
ftr-463	829	2	commissioner	commissioner	PROPN
ftr-463	829	3	,	,	PUNCT
ftr-463	829	4	16	16	NUM
ftr-463	829	5	t.c	t.c	PROPN
ftr-463	829	6	.	.	PROPN
ftr-463	829	7	607	607	NUM
ftr-463	829	8	(	(	PUNCT
ftr-463	829	9	1951	1951	NUM
ftr-463	829	10	)	)	PUNCT
ftr-463	829	11	;	;	PUNCT
ftr-463	829	12	kimbell	kimbell	NOUN
ftr-463	829	13	-	-	PUNCT
ftr-463	829	14	diamond	diamond	PROPN
ftr-463	829	15	milling	milling	PROPN
ftr-463	829	16	co.	co.	PROPN
ftr-463	829	17	v.	v.	CCONJ
ftr-463	829	18	commissioner	commissioner	PROPN
ftr-463	829	19	,	,	PUNCT
ftr-463	829	20	14	14	NUM
ftr-463	829	21	t.c	t.c	PROPN
ftr-463	829	22	.	.	PROPN
ftr-463	829	23	74	74	NUM
ftr-463	829	24	(	(	PUNCT
ftr-463	829	25	1950	1950	NUM
ftr-463	829	26	)	)	PUNCT
ftr-463	830	1	,	,	PUNCT
ftr-463	830	2	aff'd	aff'd	NOUN
ftr-463	830	3	per	per	ADP
ftr-463	830	4	curiam	curiam	NOUN
ftr-463	830	5	,	,	PUNCT
ftr-463	830	6	187	187	NUM
ftr-463	830	7	f.2d	f.2d	NOUN
ftr-463	830	8	718	718	NUM
ftr-463	830	9	(	(	PUNCT
ftr-463	830	10	5th	5th	ADJ
ftr-463	830	11	cir	cir	NOUN
ftr-463	830	12	.	.	PUNCT
ftr-463	830	13	)	)	PUNCT
ftr-463	830	14	,	,	PUNCT
ftr-463	830	15	cert	cert	PROPN
ftr-463	830	16	.	.	PUNCT
ftr-463	831	1	denied	deny	VERB
ftr-463	831	2	,	,	PUNCT
ftr-463	831	3	342	342	NUM
ftr-463	831	4	u.s	u.s	PROPN
ftr-463	831	5	.	.	PROPN
ftr-463	831	6	827	827	NUM
ftr-463	831	7	(	(	PUNCT
ftr-463	831	8	1951	1951	NUM
ftr-463	831	9	)	)	PUNCT
ftr-463	831	10	;	;	PUNCT
ftr-463	831	11	schumacher	schumacher	PROPN
ftr-463	831	12	wall	wall	PROPN
ftr-463	831	13	board	board	PROPN
ftr-463	831	14	corp	corp	PROPN
ftr-463	831	15	.	.	PROPN
ftr-463	832	1	v.	v.	PROPN
ftr-463	832	2	commissioner	commissioner	PROPN
ftr-463	832	3	,	,	PUNCT
ftr-463	832	4	33	33	NUM
ftr-463	832	5	b.t.a	b.t.a	NOUN
ftr-463	832	6	.	.	PROPN
ftr-463	832	7	1211	1211	NUM
ftr-463	832	8	(	(	PUNCT
ftr-463	832	9	1936	1936	NUM
ftr-463	832	10	)	)	PUNCT
ftr-463	832	11	;	;	PUNCT
ftr-463	832	12	warner	warner	PROPN
ftr-463	832	13	co.	co.	PROPN
ftr-463	832	14	v.	v.	PROPN
ftr-463	832	15	commissioner	commissioner	PROPN
ftr-463	832	16	,	,	PUNCT
ftr-463	832	17	26	26	NUM
ftr-463	832	18	b.t.a	b.t.a	NOUN
ftr-463	832	19	.	.	PROPN
ftr-463	832	20	1225	1225	NUM
ftr-463	832	21	(	(	PUNCT
ftr-463	832	22	1932	1932	NUM
ftr-463	832	23	)	)	PUNCT
ftr-463	832	24	.	.	PUNCT
ftr-463	833	1	127	127	NUM
ftr-463	833	2	.	.	PUNCT
ftr-463	834	1	cannonburg	cannonburg	PROPN
ftr-463	834	2	skiing	skiing	PROPN
ftr-463	834	3	corp	corp	PROPN
ftr-463	834	4	.	.	PROPN
ftr-463	835	1	v.	v.	PROPN
ftr-463	835	2	commissioner	commissioner	PROPN
ftr-463	835	3	,	,	PUNCT
ftr-463	836	1	51	51	NUM
ftr-463	836	2	t.c	t.c	PROPN
ftr-463	836	3	.	.	PROPN
ftr-463	836	4	memo	memo	NOUN
ftr-463	836	5	(	(	PUNCT
ftr-463	836	6	cch	cch	NOUN
ftr-463	836	7	)	)	PUNCT
ftr-463	836	8	844	844	NUM
ftr-463	836	9	,	,	PUNCT
ftr-463	836	10	t.c	t.c	PROPN
ftr-463	836	11	.	.	PROPN
ftr-463	836	12	memo	memo	NOUN
ftr-463	836	13	(	(	PUNCT
ftr-463	836	14	p	p	NOUN
ftr-463	836	15	-	-	PUNCT
ftr-463	836	16	h	h	NOUN
ftr-463	836	17	)	)	PUNCT
ftr-463	836	18	86,150	86,150	NUM
ftr-463	836	19	(	(	PUNCT
ftr-463	836	20	1986	1986	NUM
ftr-463	836	21	)	)	PUNCT
ftr-463	836	22	,	,	PUNCT
ftr-463	836	23	aff	aff	PROPN
ftr-463	836	24	d	d	PROPN
ftr-463	836	25	sub	sub	PROPN
ftr-463	836	26	nom	nom	PROPN
ftr-463	836	27	.	.	PUNCT
ftr-463	837	1	russell	russell	PROPN
ftr-463	837	2	v.	v.	PROPN
ftr-463	837	3	commissioner	commissioner	PROPN
ftr-463	837	4	,	,	PUNCT
ftr-463	837	5	832	832	NUM
ftr-463	837	6	f.2d	f.2d	SYM
ftr-463	837	7	349	349	NUM
ftr-463	837	8	(	(	PUNCT
ftr-463	837	9	6th	6th	ADJ
ftr-463	837	10	cir	cir	NOUN
ftr-463	837	11	.	.	PUNCT
ftr-463	837	12	1987	1987	NUM
ftr-463	837	13	)	)	PUNCT
ftr-463	837	14	;	;	PUNCT
ftr-463	837	15	estate	estate	NOUN
ftr-463	837	16	of	of	ADP
ftr-463	837	17	mcwhorter	mcwhorter	PROPN
ftr-463	837	18	v.	v.	PROPN
ftr-463	837	19	commissioner	commissioner	PROPN
ftr-463	837	20	,	,	PUNCT
ftr-463	837	21	69	69	NUM
ftr-463	837	22	t.c	t.c	NOUN
ftr-463	837	23	.	.	PROPN
ftr-463	838	1	650	650	NUM
ftr-463	838	2	(	(	PUNCT
ftr-463	838	3	1978	1978	NUM
ftr-463	838	4	)	)	PUNCT
ftr-463	838	5	,	,	PUNCT
ftr-463	838	6	aff'd	aff'd	VERB
ftr-463	838	7	without	without	ADP
ftr-463	838	8	written	write	VERB
ftr-463	838	9	opinion	opinion	NOUN
ftr-463	838	10	,	,	PUNCT
ftr-463	838	11	590	590	NUM
ftr-463	838	12	f.2d	f.2d	NOUN
ftr-463	838	13	340	340	NUM
ftr-463	838	14	(	(	PUNCT
ftr-463	838	15	8th	8th	ADJ
ftr-463	838	16	cir	cir	NOUN
ftr-463	838	17	.	.	PROPN
ftr-463	838	18	1978	1978	NUM
ftr-463	838	19	)	)	PUNCT
ftr-463	838	20	.	.	PUNCT
ftr-463	839	1	see	see	AUX
ftr-463	839	2	also	also	ADV
ftr-463	839	3	kass	kass	PROPN
ftr-463	839	4	v.	v.	PROPN
ftr-463	839	5	commissioner	commissioner	PROPN
ftr-463	839	6	,	,	PUNCT
ftr-463	839	7	60	60	NUM
ftr-463	839	8	t.c	t.c	PROPN
ftr-463	839	9	.	.	PROPN
ftr-463	839	10	218	218	NUM
ftr-463	839	11	(	(	PUNCT
ftr-463	839	12	1973	1973	NUM
ftr-463	839	13	)	)	PUNCT
ftr-463	839	14	.	.	PUNCT
ftr-463	840	1	128	128	X
ftr-463	840	2	.	.	PUNCT
ftr-463	841	1	see	see	VERB
ftr-463	841	2	,	,	PUNCT
ftr-463	841	3	e.g.	e.g.	ADV
ftr-463	841	4	,	,	PUNCT
ftr-463	841	5	security	security	NOUN
ftr-463	841	6	indus	indus	NOUN
ftr-463	841	7	.	.	PUNCT
ftr-463	842	1	ins	ins	PROPN
ftr-463	842	2	.	.	PUNCT
ftr-463	842	3	co.	co.	PROPN
ftr-463	842	4	v.	v.	PROPN
ftr-463	842	5	united	united	PROPN
ftr-463	842	6	states	states	PROPN
ftr-463	842	7	,	,	PUNCT
ftr-463	842	8	702	702	NUM
ftr-463	842	9	f.2d	f.2d	NOUN
ftr-463	842	10	1234	1234	NUM
ftr-463	842	11	(	(	PUNCT
ftr-463	842	12	5th	5th	ADJ
ftr-463	842	13	cir	cir	NOUN
ftr-463	842	14	.	.	PUNCT
ftr-463	842	15	1983	1983	NUM
ftr-463	842	16	)	)	PUNCT
ftr-463	842	17	;	;	PUNCT
ftr-463	842	18	united	united	PROPN
ftr-463	842	19	states	states	PROPN
ftr-463	842	20	v.	v.	ADP
ftr-463	842	21	m.o.j	m.o.j	PROPN
ftr-463	842	22	.	.	PROPN
ftr-463	842	23	corp	corp	PROPN
ftr-463	842	24	.	.	PROPN
ftr-463	842	25	,	,	PUNCT
ftr-463	842	26	274	274	NUM
ftr-463	842	27	f.2d	f.2d	NOUN
ftr-463	842	28	713	713	NUM
ftr-463	842	29	(	(	PUNCT
ftr-463	842	30	5th	5th	ADJ
ftr-463	842	31	cir	cir	NOUN
ftr-463	842	32	.	.	PUNCT
ftr-463	842	33	1960	1960	NUM
ftr-463	842	34	)	)	PUNCT
ftr-463	842	35	;	;	PUNCT
ftr-463	842	36	commissioner	commissioner	NOUN
ftr-463	842	37	v.	v.	PROPN
ftr-463	842	38	ashland	ashland	PROPN
ftr-463	842	39	oil	oil	PROPN
ftr-463	842	40	&	&	CCONJ
ftr-463	842	41	ref	ref	PROPN
ftr-463	842	42	.	.	PUNCT
ftr-463	843	1	co	co	VERB
ftr-463	843	2	..	..	PROPN
ftr-463	843	3	99	99	NUM
ftr-463	843	4	f.2d	f.2d	SYM
ftr-463	843	5	588	588	NUM
ftr-463	843	6	(	(	PUNCT
ftr-463	843	7	6th	6th	ADJ
ftr-463	843	8	cir	cir	NOUN
ftr-463	843	9	.	.	PROPN
ftr-463	843	10	1938	1938	NUM
ftr-463	843	11	)	)	PUNCT
ftr-463	843	12	;	;	PUNCT
ftr-463	843	13	southwell	southwell	PROPN
ftr-463	843	14	combing	combing	PROPN
ftr-463	843	15	co.	co.	PROPN
ftr-463	843	16	v.	v.	PROPN
ftr-463	843	17	commissioner	commissioner	PROPN
ftr-463	843	18	,	,	PUNCT
ftr-463	843	19	30	30	NUM
ftr-463	843	20	t.c	t.c	PROPN
ftr-463	843	21	.	.	PROPN
ftr-463	843	22	487	487	NUM
ftr-463	843	23	(	(	PUNCT
ftr-463	843	24	1958	1958	NUM
ftr-463	843	25	)	)	PUNCT
ftr-463	843	26	;	;	PUNCT
ftr-463	843	27	koppers	koppers	PROPN
ftr-463	843	28	coal	coal	PROPN
ftr-463	843	29	co.	co.	PROPN
ftr-463	843	30	v.	v.	PROPN
ftr-463	843	31	commissioner	commissioner	PROPN
ftr-463	843	32	,	,	PUNCT
ftr-463	843	33	6	6	NUM
ftr-463	843	34	t.c	t.c	PROPN
ftr-463	843	35	.	.	PROPN
ftr-463	843	36	1209	1209	NUM
ftr-463	843	37	(	(	PUNCT
ftr-463	843	38	1946	1946	NUM
ftr-463	843	39	)	)	PUNCT
ftr-463	843	40	;	;	PUNCT
ftr-463	843	41	warner	warner	PROPN
ftr-463	843	42	co.	co.	PROPN
ftr-463	843	43	v.	v.	PROPN
ftr-463	843	44	commissioner	commissioner	PROPN
ftr-463	843	45	,	,	PUNCT
ftr-463	843	46	26	26	NUM
ftr-463	843	47	b.t.a	b.t.a	NOUN
ftr-463	843	48	.	.	PROPN
ftr-463	843	49	1225	1225	NUM
ftr-463	843	50	(	(	PUNCT
ftr-463	843	51	1932	1932	NUM
ftr-463	843	52	)	)	PUNCT
ftr-463	843	53	.	.	PUNCT
ftr-463	844	1	[	[	X
ftr-463	844	2	vol	vol	NOUN
ftr-463	844	3	.	.	PUNCT
ftr-463	844	4	3:5	3:5	NUM
ftr-463	844	5	1996	1996	NUM
ftr-463	844	6	]	]	PUNCT
ftr-463	844	7	devolution	devolution	NOUN
ftr-463	844	8	&	&	CCONJ
ftr-463	844	9	inevitable	inevitable	ADJ
ftr-463	844	10	extinction	extinction	NOUN
ftr-463	844	11	of	of	ADP
ftr-463	844	12	the	the	DET
ftr-463	844	13	continuity	continuity	NOUN
ftr-463	844	14	of	of	ADP
ftr-463	844	15	interest	interest	NOUN
ftr-463	844	16	doctrine	doctrine	NOUN
ftr-463	844	17	223	223	NUM
ftr-463	844	18	target	target	NOUN
ftr-463	844	19	into	into	ADP
ftr-463	844	20	the	the	DET
ftr-463	844	21	acquiror	acquiror	NOUN
ftr-463	844	22	's	's	PART
ftr-463	844	23	subsidiary	subsidiary	NOUN
ftr-463	844	24	,	,	PUNCT
ftr-463	844	25	-'2	-'2	PUNCT
ftr-463	844	26	or	or	CCONJ
ftr-463	844	27	(	(	PUNCT
ftr-463	844	28	3	3	X
ftr-463	844	29	)	)	PUNCT
ftr-463	844	30	following	follow	VERB
ftr-463	844	31	an	an	DET
ftr-463	844	32	asset	asset	NOUN
ftr-463	844	33	transfer	transfer	NOUN
ftr-463	844	34	by	by	ADP
ftr-463	844	35	the	the	DET
ftr-463	844	36	target	target	NOUN
ftr-463	844	37	to	to	ADP
ftr-463	844	38	the	the	DET
ftr-463	844	39	acquiror	acquiror	NOUN
ftr-463	844	40	's	's	PART
ftr-463	844	41	subsidiary	subsidiary	NOUN
ftr-463	844	42	.	.	PUNCT
ftr-463	844	43	"	"	PUNCT
ftr-463	845	1	as	as	SCONJ
ftr-463	845	2	discussed	discuss	VERB
ftr-463	845	3	below	below	ADV
ftr-463	845	4	,	,	PUNCT
ftr-463	845	5	these	these	DET
ftr-463	845	6	decisions	decision	NOUN
ftr-463	845	7	were	be	AUX
ftr-463	845	8	partially	partially	ADV
ftr-463	845	9	codified	codify	VERB
ftr-463	845	10	,	,	PUNCT
ftr-463	845	11	first	first	ADV
ftr-463	845	12	in	in	ADP
ftr-463	845	13	1954	1954	NUM
ftr-463	845	14	and	and	CCONJ
ftr-463	845	15	then	then	ADV
ftr-463	845	16	in	in	ADP
ftr-463	845	17	1982	1982	NUM
ftr-463	845	18	under	under	ADP
ftr-463	845	19	current	current	ADJ
ftr-463	845	20	section	section	NOUN
ftr-463	845	21	338	338	NUM
ftr-463	845	22	.	.	PUNCT
ftr-463	846	1	despite	despite	SCONJ
ftr-463	846	2	the	the	DET
ftr-463	846	3	uniform	uniform	ADJ
ftr-463	846	4	holdings	holding	NOUN
ftr-463	846	5	of	of	ADP
ftr-463	846	6	these	these	DET
ftr-463	846	7	cases	case	NOUN
ftr-463	846	8	,	,	PUNCT
ftr-463	846	9	their	their	PRON
ftr-463	846	10	legal	legal	ADJ
ftr-463	846	11	bases	basis	NOUN
ftr-463	846	12	varied	varied	ADJ
ftr-463	846	13	depending	depend	VERB
ftr-463	846	14	upon	upon	SCONJ
ftr-463	846	15	the	the	DET
ftr-463	846	16	method	method	NOUN
ftr-463	846	17	that	that	PRON
ftr-463	846	18	the	the	DET
ftr-463	846	19	taxpayer	taxpayer	NOUN
ftr-463	846	20	used	use	VERB
ftr-463	846	21	to	to	PART
ftr-463	846	22	dissolve	dissolve	VERB
ftr-463	846	23	the	the	DET
ftr-463	846	24	target	target	NOUN
ftr-463	846	25	.	.	PUNCT
ftr-463	847	1	prior	prior	ADV
ftr-463	847	2	to	to	ADP
ftr-463	847	3	1936	1936	NUM
ftr-463	847	4	,	,	PUNCT
ftr-463	847	5	the	the	DET
ftr-463	847	6	courts	court	NOUN
ftr-463	847	7	could	could	AUX
ftr-463	847	8	respect	respect	VERB
ftr-463	847	9	each	each	DET
ftr-463	847	10	independent	independent	ADJ
ftr-463	847	11	step	step	NOUN
ftr-463	847	12	of	of	ADP
ftr-463	847	13	the	the	DET
ftr-463	847	14	transaction	transaction	NOUN
ftr-463	847	15	because	because	SCONJ
ftr-463	847	16	the	the	DET
ftr-463	847	17	target	target	NOUN
ftr-463	847	18	's	's	PART
ftr-463	847	19	liquidation	liquidation	NOUN
ftr-463	847	20	was	be	AUX
ftr-463	847	21	a	a	DET
ftr-463	847	22	taxable	taxable	ADJ
ftr-463	847	23	event	event	NOUN
ftr-463	847	24	to	to	ADP
ftr-463	847	25	its	its	PRON
ftr-463	847	26	shareholders	shareholder	NOUN
ftr-463	847	27	and	and	CCONJ
ftr-463	847	28	therefore	therefore	ADV
ftr-463	847	29	gave	give	VERB
ftr-463	847	30	the	the	DET
ftr-463	847	31	acquiror	acquiror	NOUN
ftr-463	847	32	a	a	DET
ftr-463	847	33	stepped	step	VERB
ftr-463	847	34	-	-	PUNCT
ftr-463	847	35	up	up	ADP
ftr-463	847	36	basis	basis	NOUN
ftr-463	847	37	in	in	ADP
ftr-463	847	38	the	the	DET
ftr-463	847	39	target	target	NOUN
ftr-463	847	40	's	's	PART
ftr-463	847	41	assets	asset	NOUN
ftr-463	847	42	.	.	PUNCT
ftr-463	848	1	"	"	PUNCT
ftr-463	848	2	'	'	PUNCT
ftr-463	848	3	after	after	ADP
ftr-463	848	4	the	the	DET
ftr-463	848	5	enactment	enactment	NOUN
ftr-463	848	6	of	of	ADP
ftr-463	848	7	section	section	NOUN
ftr-463	848	8	112(b)(6	112(b)(6	NUM
ftr-463	848	9	)	)	PUNCT
ftr-463	848	10	of	of	ADP
ftr-463	848	11	the	the	DET
ftr-463	848	12	revenue	revenue	NOUN
ftr-463	848	13	act	act	NOUN
ftr-463	848	14	of	of	ADP
ftr-463	848	15	1936	1936	NUM
ftr-463	848	16	,	,	PUNCT
ftr-463	848	17	which	which	PRON
ftr-463	848	18	provided	provide	VERB
ftr-463	848	19	for	for	ADP
ftr-463	848	20	tax	tax	NOUN
ftr-463	848	21	-	-	PUNCT
ftr-463	848	22	free	free	ADJ
ftr-463	848	23	liquidations	liquidation	NOUN
ftr-463	848	24	with	with	ADP
ftr-463	848	25	substituted	substitute	VERB
ftr-463	848	26	basis	basis	NOUN
ftr-463	848	27	,	,	PUNCT
ftr-463	848	28	the	the	DET
ftr-463	848	29	liquidation	liquidation	NOUN
ftr-463	848	30	of	of	ADP
ftr-463	848	31	the	the	DET
ftr-463	848	32	target	target	NOUN
ftr-463	848	33	into	into	ADP
ftr-463	848	34	a	a	DET
ftr-463	848	35	corporate	corporate	ADJ
ftr-463	848	36	acquiror	acquiror	NOUN
ftr-463	848	37	following	follow	VERB
ftr-463	848	38	a	a	DET
ftr-463	848	39	stock	stock	NOUN
ftr-463	848	40	purchase	purchase	NOUN
ftr-463	848	41	did	do	AUX
ftr-463	848	42	not	not	PART
ftr-463	848	43	provide	provide	VERB
ftr-463	848	44	the	the	DET
ftr-463	848	45	acquiror	acquiror	NOUN
ftr-463	848	46	with	with	ADP
ftr-463	848	47	a	a	DET
ftr-463	848	48	stepped	step	VERB
ftr-463	848	49	-	-	PUNCT
ftr-463	848	50	up	up	ADP
ftr-463	848	51	basis	basis	NOUN
ftr-463	848	52	under	under	ADP
ftr-463	848	53	the	the	DET
ftr-463	848	54	statute	statute	NOUN
ftr-463	848	55	.	.	PUNCT
ftr-463	849	1	instead	instead	ADV
ftr-463	849	2	,	,	PUNCT
ftr-463	849	3	courts	court	NOUN
ftr-463	849	4	permitted	permit	VERB
ftr-463	849	5	stepped	step	VERB
ftr-463	849	6	-	-	PUNCT
ftr-463	849	7	up	up	ADP
ftr-463	849	8	bases	basis	NOUN
ftr-463	849	9	by	by	ADP
ftr-463	849	10	applying	apply	VERB
ftr-463	849	11	the	the	DET
ftr-463	849	12	common	common	ADJ
ftr-463	849	13	law	law	NOUN
ftr-463	849	14	principle	principle	NOUN
ftr-463	849	15	of	of	ADP
ftr-463	849	16	substance	substance	NOUN
ftr-463	849	17	over	over	ADP
ftr-463	849	18	form	form	NOUN
ftr-463	849	19	to	to	PART
ftr-463	849	20	disregard	disregard	VERB
ftr-463	849	21	the	the	DET
ftr-463	849	22	transitory	transitory	ADJ
ftr-463	849	23	ownership	ownership	NOUN
ftr-463	849	24	of	of	ADP
ftr-463	849	25	target	target	NOUN
ftr-463	849	26	stock	stock	NOUN
ftr-463	849	27	and	and	CCONJ
ftr-463	849	28	treat	treat	VERB
ftr-463	849	29	the	the	DET
ftr-463	849	30	stock	stock	NOUN
ftr-463	849	31	purchase	purchase	NOUN
ftr-463	849	32	and	and	CCONJ
ftr-463	849	33	liquidation	liquidation	NOUN
ftr-463	849	34	as	as	ADP
ftr-463	849	35	a	a	DET
ftr-463	849	36	single	single	ADJ
ftr-463	849	37	asset	asset	NOUN
ftr-463	849	38	purchase	purchase	NOUN
ftr-463	849	39	by	by	ADP
ftr-463	849	40	the	the	DET
ftr-463	849	41	acquiror	acquiror	NOUN
ftr-463	849	42	under	under	ADP
ftr-463	849	43	an	an	DET
ftr-463	849	44	integrated	integrate	VERB
ftr-463	849	45	transaction	transaction	NOUN
ftr-463	849	46	doctrine	doctrine	NOUN
ftr-463	849	47	.	.	PUNCT
ftr-463	850	1	32	32	NUM
ftr-463	850	2	if	if	SCONJ
ftr-463	850	3	the	the	DET
ftr-463	850	4	acquiring	acquire	VERB
ftr-463	850	5	company	company	NOUN
ftr-463	850	6	purchased	purchase	VERB
ftr-463	850	7	target	target	NOUN
ftr-463	850	8	stock	stock	NOUN
ftr-463	850	9	and	and	CCONJ
ftr-463	850	10	the	the	DET
ftr-463	850	11	acquiror	acquiror	NOUN
ftr-463	850	12	then	then	ADV
ftr-463	850	13	either	either	CCONJ
ftr-463	850	14	merged	merge	VERB
ftr-463	850	15	the	the	DET
ftr-463	850	16	target	target	NOUN
ftr-463	850	17	into	into	ADP
ftr-463	850	18	(	(	PUNCT
ftr-463	850	19	or	or	CCONJ
ftr-463	850	20	caused	cause	VERB
ftr-463	850	21	it	it	PRON
ftr-463	850	22	to	to	PART
ftr-463	850	23	transfer	transfer	VERB
ftr-463	850	24	its	its	PRON
ftr-463	850	25	assets	asset	NOUN
ftr-463	850	26	to	to	ADP
ftr-463	850	27	)	)	PUNCT
ftr-463	850	28	a	a	DET
ftr-463	850	29	new	new	ADJ
ftr-463	850	30	or	or	CCONJ
ftr-463	850	31	existing	exist	VERB
ftr-463	850	32	subsidiary	subsidiary	NOUN
ftr-463	850	33	,	,	PUNCT
ftr-463	850	34	the	the	DET
ftr-463	850	35	continuity	continuity	NOUN
ftr-463	850	36	of	of	ADP
ftr-463	850	37	interest	interest	NOUN
ftr-463	850	38	doctrine	doctrine	NOUN
ftr-463	850	39	was	be	AUX
ftr-463	850	40	added	add	VERB
ftr-463	850	41	to	to	ADP
ftr-463	850	42	and	and	CCONJ
ftr-463	850	43	combined	combine	VERB
ftr-463	850	44	with	with	ADP
ftr-463	850	45	the	the	DET
ftr-463	850	46	integrated	integrate	VERB
ftr-463	850	47	transaction	transaction	NOUN
ftr-463	850	48	doctrine	doctrine	NOUN
ftr-463	850	49	as	as	ADP
ftr-463	850	50	an	an	DET
ftr-463	850	51	additional	additional	ADJ
ftr-463	850	52	pillar	pillar	NOUN
ftr-463	850	53	of	of	ADP
ftr-463	850	54	support	support	NOUN
ftr-463	850	55	against	against	ADP
ftr-463	850	56	the	the	DET
ftr-463	850	57	service	service	NOUN
ftr-463	850	58	's	's	PART
ftr-463	850	59	assertion	assertion	NOUN
ftr-463	850	60	that	that	SCONJ
ftr-463	850	61	the	the	DET
ftr-463	850	62	merger	merger	NOUN
ftr-463	850	63	was	be	AUX
ftr-463	850	64	a	a	DET
ftr-463	850	65	tax	tax	NOUN
ftr-463	850	66	-	-	PUNCT
ftr-463	850	67	free	free	ADJ
ftr-463	850	68	reorganization	reorganization	NOUN
ftr-463	850	69	giving	give	VERB
ftr-463	850	70	rise	rise	NOUN
ftr-463	850	71	to	to	ADP
ftr-463	850	72	a	a	DET
ftr-463	850	73	carryover	carryover	NOUN
ftr-463	850	74	basis	basis	NOUN
ftr-463	850	75	.	.	PUNCT
ftr-463	850	76	'	'	PUNCT
ftr-463	851	1	since	since	SCONJ
ftr-463	851	2	continuity	continuity	NOUN
ftr-463	851	3	was	be	AUX
ftr-463	851	4	originally	originally	ADV
ftr-463	851	5	designed	design	VERB
ftr-463	851	6	to	to	PART
ftr-463	851	7	deny	deny	VERB
ftr-463	851	8	corporate	corporate	ADJ
ftr-463	851	9	targets	target	NOUN
ftr-463	851	10	reorganization	reorganization	NOUN
ftr-463	851	11	treatment	treatment	NOUN
ftr-463	851	12	on	on	ADP
ftr-463	851	13	sales	sale	NOUN
ftr-463	851	14	of	of	ADP
ftr-463	851	15	their	their	PRON
ftr-463	851	16	assets	asset	NOUN
ftr-463	851	17	for	for	ADP
ftr-463	851	18	cash	cash	NOUN
ftr-463	851	19	or	or	CCONJ
ftr-463	851	20	short	short	ADJ
ftr-463	851	21	-	-	PUNCT
ftr-463	851	22	term	term	NOUN
ftr-463	851	23	notes	note	NOUN
ftr-463	851	24	,	,	PUNCT
ftr-463	851	25	it	it	PRON
ftr-463	851	26	was	be	AUX
ftr-463	851	27	serving	serve	VERB
ftr-463	851	28	double	double	ADJ
ftr-463	851	29	duty	duty	NOUN
ftr-463	851	30	as	as	ADP
ftr-463	851	31	a	a	DET
ftr-463	851	32	129	129	NUM
ftr-463	851	33	.	.	PUNCT
ftr-463	852	1	superior	superior	ADJ
ftr-463	852	2	coach	coach	NOUN
ftr-463	852	3	of	of	ADP
ftr-463	852	4	florida	florida	PROPN
ftr-463	852	5	.	.	PUNCT
ftr-463	853	1	inc	inc	PROPN
ftr-463	853	2	.	.	PROPN
ftr-463	854	1	v.	v.	PROPN
ftr-463	854	2	commissioner	commissioner	PROPN
ftr-463	854	3	,	,	PUNCT
ftr-463	854	4	80	80	NUM
ftr-463	854	5	t.c	t.c	PROPN
ftr-463	854	6	.	.	PROPN
ftr-463	854	7	895	895	NUM
ftr-463	854	8	(	(	PUNCT
ftr-463	854	9	1983	1983	NUM
ftr-463	854	10	)	)	PUNCT
ftr-463	854	11	;	;	PUNCT
ftr-463	854	12	long	long	PROPN
ftr-463	854	13	island	island	PROPN
ftr-463	854	14	water	water	PROPN
ftr-463	854	15	corp	corp	PROPN
ftr-463	854	16	.	.	PROPN
ftr-463	855	1	v.	v.	PROPN
ftr-463	855	2	commissioner	commissioner	PROPN
ftr-463	855	3	,	,	PUNCT
ftr-463	855	4	36	36	NUM
ftr-463	855	5	t.c	t.c	PROPN
ftr-463	855	6	.	.	PROPN
ftr-463	855	7	377	377	NUM
ftr-463	855	8	(	(	PUNCT
ftr-463	855	9	1961	1961	NUM
ftr-463	855	10	)	)	PUNCT
ftr-463	855	11	.	.	PUNCT
ftr-463	856	1	in	in	ADP
ftr-463	856	2	superior	superior	ADJ
ftr-463	856	3	coach	coach	NOUN
ftr-463	856	4	,	,	PUNCT
ftr-463	856	5	the	the	DET
ftr-463	856	6	acquirors	acquiror	NOUN
ftr-463	856	7	were	be	AUX
ftr-463	856	8	individual	individual	ADJ
ftr-463	856	9	majority	majority	NOUN
ftr-463	856	10	shareholders	shareholder	NOUN
ftr-463	856	11	of	of	ADP
ftr-463	856	12	an	an	DET
ftr-463	856	13	existing	exist	VERB
ftr-463	856	14	corporation	corporation	NOUN
ftr-463	856	15	who	who	PRON
ftr-463	856	16	purchased	purchase	VERB
ftr-463	856	17	target	target	NOUN
ftr-463	856	18	stock	stock	NOUN
ftr-463	856	19	and	and	CCONJ
ftr-463	856	20	caused	cause	VERB
ftr-463	856	21	the	the	DET
ftr-463	856	22	target	target	NOUN
ftr-463	856	23	to	to	PART
ftr-463	856	24	merge	merge	VERB
ftr-463	856	25	into	into	ADP
ftr-463	856	26	their	their	PRON
ftr-463	856	27	existing	exist	VERB
ftr-463	856	28	corporation	corporation	NOUN
ftr-463	856	29	,	,	PUNCT
ftr-463	856	30	with	with	ADP
ftr-463	856	31	former	former	ADJ
ftr-463	856	32	target	target	NOUN
ftr-463	856	33	shareholders	shareholder	NOUN
ftr-463	856	34	receiving	receive	VERB
ftr-463	856	35	stock	stock	NOUN
ftr-463	856	36	of	of	ADP
ftr-463	856	37	their	their	PRON
ftr-463	856	38	corporation	corporation	NOUN
ftr-463	856	39	.	.	PUNCT
ftr-463	857	1	in	in	ADP
ftr-463	857	2	long	long	ADJ
ftr-463	857	3	island	island	NOUN
ftr-463	857	4	water	water	NOUN
ftr-463	857	5	,	,	PUNCT
ftr-463	857	6	target	target	NOUN
ftr-463	857	7	shares	share	NOUN
ftr-463	857	8	were	be	AUX
ftr-463	857	9	purchased	purchase	VERB
ftr-463	857	10	by	by	ADP
ftr-463	857	11	a	a	DET
ftr-463	857	12	parent	parent	NOUN
ftr-463	857	13	company	company	NOUN
ftr-463	857	14	and	and	CCONJ
ftr-463	857	15	contributed	contribute	VERB
ftr-463	857	16	to	to	ADP
ftr-463	857	17	a	a	DET
ftr-463	857	18	newly	newly	ADV
ftr-463	857	19	-	-	PUNCT
ftr-463	857	20	formed	form	VERB
ftr-463	857	21	subsidiary	subsidiary	NOUN
ftr-463	857	22	,	,	PUNCT
ftr-463	857	23	and	and	CCONJ
ftr-463	857	24	the	the	DET
ftr-463	857	25	target	target	NOUN
ftr-463	857	26	was	be	AUX
ftr-463	857	27	then	then	ADV
ftr-463	857	28	merged	merge	VERB
ftr-463	857	29	upstream	upstream	ADV
ftr-463	857	30	into	into	ADP
ftr-463	857	31	the	the	DET
ftr-463	857	32	subsidiary	subsidiary	NOUN
ftr-463	857	33	.	.	PUNCT
ftr-463	858	1	130	130	NUM
ftr-463	858	2	.	.	PUNCT
ftr-463	859	1	yoc	yoc	PROPN
ftr-463	859	2	heating	heating	PROPN
ftr-463	859	3	corp	corp	PROPN
ftr-463	859	4	.	.	PROPN
ftr-463	860	1	v.	v.	PROPN
ftr-463	860	2	commissioner	commissioner	NOUN
ftr-463	860	3	.	.	PUNCT
ftr-463	861	1	61	61	NUM
ftr-463	861	2	t.c	t.c	PROPN
ftr-463	861	3	.	.	PROPN
ftr-463	861	4	168	168	NUM
ftr-463	861	5	(	(	PUNCT
ftr-463	861	6	1973	1973	NUM
ftr-463	861	7	)	)	PUNCT
ftr-463	861	8	finvoling	finvole	VERB
ftr-463	861	9	an	an	DET
ftr-463	861	10	asset	asset	NOUN
ftr-463	861	11	transfer	transfer	NOUN
ftr-463	861	12	)	)	PUNCT
ftr-463	861	13	;	;	PUNCT
ftr-463	861	14	american	american	PROPN
ftr-463	861	15	wire	wire	PROPN
ftr-463	861	16	fabrics	fabrics	PROPN
ftr-463	861	17	corp	corp	PROPN
ftr-463	861	18	.	.	PROPN
ftr-463	861	19	v.	v.	PROPN
ftr-463	861	20	commissioner	commissioner	PROPN
ftr-463	861	21	,	,	PUNCT
ftr-463	861	22	16	16	NUM
ftr-463	861	23	t.c	t.c	PROPN
ftr-463	861	24	.	.	PROPN
ftr-463	861	25	607	607	NUM
ftr-463	861	26	(	(	PUNCT
ftr-463	861	27	1951	1951	NUM
ftr-463	861	28	):	):	PUNCT
ftr-463	861	29	schumacher	schumacher	PROPN
ftr-463	861	30	wall	wall	PROPN
ftr-463	861	31	board	board	PROPN
ftr-463	861	32	corp	corp	PROPN
ftr-463	861	33	.	.	PROPN
ftr-463	861	34	v.	v.	PROPN
ftr-463	861	35	commissioner	commissioner	PROPN
ftr-463	861	36	,	,	PUNCT
ftr-463	861	37	33	33	NUM
ftr-463	861	38	b.t.a	b.t.a	NOUN
ftr-463	861	39	.	.	PROPN
ftr-463	861	40	1211	1211	NUM
ftr-463	861	41	(	(	PUNCT
ftr-463	861	42	1936	1936	NUM
ftr-463	861	43	)	)	PUNCT
ftr-463	861	44	.	.	PUNCT
ftr-463	862	1	131	131	X
ftr-463	862	2	.	.	PUNCT
ftr-463	863	1	see	see	VERB
ftr-463	863	2	,	,	PUNCT
ftr-463	863	3	e.g.	e.g.	ADV
ftr-463	863	4	,	,	PUNCT
ftr-463	863	5	commissioner	commissioner	PROPN
ftr-463	863	6	v.	v.	PROPN
ftr-463	863	7	ashland	ashland	PROPN
ftr-463	863	8	oil	oil	PROPN
ftr-463	863	9	&	&	CCONJ
ftr-463	863	10	ref	ref	PROPN
ftr-463	863	11	.	.	PUNCT
ftr-463	864	1	co	co	VERB
ftr-463	864	2	..	..	PROPN
ftr-463	864	3	99	99	NUM
ftr-463	864	4	f.2d	f.2d	ADP
ftr-463	864	5	588	588	NUM
ftr-463	864	6	,	,	PUNCT
ftr-463	864	7	591	591	NUM
ftr-463	864	8	(	(	PUNCT
ftr-463	864	9	6th	6th	ADJ
ftr-463	864	10	cir	cir	NOUN
ftr-463	864	11	.	.	PROPN
ftr-463	864	12	1938	1938	NUM
ftr-463	864	13	)	)	PUNCT
ftr-463	864	14	;	;	PUNCT
ftr-463	864	15	koppers	koppers	PROPN
ftr-463	864	16	coal	coal	PROPN
ftr-463	864	17	co.	co.	PROPN
ftr-463	864	18	v.	v.	PROPN
ftr-463	864	19	commissioner	commissioner	PROPN
ftr-463	864	20	,	,	PUNCT
ftr-463	864	21	6	6	NUM
ftr-463	864	22	t.c	t.c	PROPN
ftr-463	864	23	.	.	PROPN
ftr-463	864	24	1209	1209	NUM
ftr-463	864	25	,	,	PUNCT
ftr-463	864	26	1221	1221	NUM
ftr-463	864	27	(	(	PUNCT
ftr-463	864	28	1946	1946	NUM
ftr-463	864	29	)	)	PUNCT
ftr-463	864	30	.	.	PUNCT
ftr-463	865	1	132	132	NUM
ftr-463	865	2	.	.	PUNCT
ftr-463	866	1	see	see	VERB
ftr-463	866	2	koppers	koppers	PROPN
ftr-463	866	3	coal	coal	PROPN
ftr-463	866	4	co.	co.	PROPN
ftr-463	866	5	,	,	PUNCT
ftr-463	866	6	6	6	NUM
ftr-463	866	7	t.c	t.c	PROPN
ftr-463	866	8	.	.	PROPN
ftr-463	866	9	1209	1209	NUM
ftr-463	866	10	(	(	PUNCT
ftr-463	866	11	1946	1946	NUM
ftr-463	866	12	)	)	PUNCT
ftr-463	866	13	.	.	PUNCT
ftr-463	867	1	in	in	ADP
ftr-463	867	2	kimbell	kimbell	NOUN
ftr-463	867	3	-	-	PUNCT
ftr-463	867	4	diamond	diamond	NOUN
ftr-463	867	5	milling	milling	NOUN
ftr-463	867	6	v.	v.	ADP
ftr-463	867	7	commissioner	commissioner	NOUN
ftr-463	867	8	,	,	PUNCT
ftr-463	867	9	14	14	NUM
ftr-463	867	10	t.c	t.c	PROPN
ftr-463	867	11	.	.	PROPN
ftr-463	867	12	74	74	NUM
ftr-463	867	13	(	(	PUNCT
ftr-463	867	14	1950	1950	NUM
ftr-463	867	15	)	)	PUNCT
ftr-463	867	16	,	,	PUNCT
ftr-463	867	17	aff'd	aff'd	NOUN
ftr-463	867	18	per	per	ADP
ftr-463	867	19	curiam	curiam	NOUN
ftr-463	867	20	,	,	PUNCT
ftr-463	867	21	187	187	NUM
ftr-463	867	22	f.2d	f.2d	NOUN
ftr-463	867	23	718	718	NUM
ftr-463	867	24	(	(	PUNCT
ftr-463	867	25	5th	5th	ADJ
ftr-463	867	26	cir	cir	NOUN
ftr-463	867	27	.	.	PUNCT
ftr-463	867	28	)	)	PUNCT
ftr-463	867	29	.	.	PUNCT
ftr-463	868	1	cert	cert	PROPN
ftr-463	868	2	.	.	PUNCT
ftr-463	869	1	denied	deny	VERB
ftr-463	869	2	,	,	PUNCT
ftr-463	869	3	342	342	NUM
ftr-463	869	4	u.s	u.s	PROPN
ftr-463	869	5	.	.	PROPN
ftr-463	869	6	827	827	NUM
ftr-463	869	7	(	(	PUNCT
ftr-463	869	8	1951	1951	NUM
ftr-463	869	9	)	)	PUNCT
ftr-463	869	10	,	,	PUNCT
ftr-463	869	11	where	where	SCONJ
ftr-463	869	12	the	the	DET
ftr-463	869	13	target	target	NOUN
ftr-463	869	14	's	's	PART
ftr-463	869	15	assets	asset	NOUN
ftr-463	869	16	had	have	VERB
ftr-463	869	17	a	a	DET
ftr-463	869	18	higher	high	ADJ
ftr-463	869	19	basis	basis	NOUN
ftr-463	869	20	than	than	ADP
ftr-463	869	21	the	the	DET
ftr-463	869	22	price	price	NOUN
ftr-463	869	23	paid	pay	VERB
ftr-463	869	24	for	for	ADP
ftr-463	869	25	target	target	NOUN
ftr-463	869	26	stock	stock	NOUN
ftr-463	869	27	,	,	PUNCT
ftr-463	869	28	it	it	PRON
ftr-463	869	29	was	be	AUX
ftr-463	869	30	the	the	DET
ftr-463	869	31	service	service	NOUN
ftr-463	869	32	,	,	PUNCT
ftr-463	869	33	not	not	PART
ftr-463	869	34	the	the	DET
ftr-463	869	35	taxpayer	taxpayer	NOUN
ftr-463	869	36	,	,	PUNCT
ftr-463	869	37	that	that	PRON
ftr-463	869	38	argued	argue	VERB
ftr-463	869	39	for	for	ADP
ftr-463	869	40	integrated	integrate	VERB
ftr-463	869	41	transaction	transaction	NOUN
ftr-463	869	42	treatment	treatment	NOUN
ftr-463	869	43	.	.	PUNCT
ftr-463	870	1	133	133	NUM
ftr-463	870	2	.	.	PUNCT
ftr-463	871	1	prairie	prairie	ADJ
ftr-463	871	2	oil	oil	NOUN
ftr-463	871	3	&	&	CCONJ
ftr-463	871	4	gas	gas	PROPN
ftr-463	871	5	co.	co.	PROPN
ftr-463	871	6	v.	v.	CCONJ
ftr-463	871	7	motter	motter	ADJ
ftr-463	871	8	.	.	PROPN
ftr-463	872	1	66	66	NUM
ftr-463	872	2	f.2d	f.2d	X
ftr-463	872	3	309	309	NUM
ftr-463	872	4	.	.	PUNCT
ftr-463	873	1	311	311	NUM
ftr-463	873	2	00th	00th	ADJ
ftr-463	873	3	cir	cir	NOUN
ftr-463	873	4	.	.	PUNCT
ftr-463	873	5	1933	1933	NUM
ftr-463	873	6	)	)	PUNCT
ftr-463	873	7	;	;	PUNCT
ftr-463	873	8	yo	yo	PROPN
ftr-463	873	9	heating	heating	PROPN
ftr-463	873	10	corp	corp	PROPN
ftr-463	873	11	.	.	PROPN
ftr-463	873	12	v.	v.	PROPN
ftr-463	873	13	commissioner	commissioner	PROPN
ftr-463	873	14	,	,	PUNCT
ftr-463	873	15	61	61	NUM
ftr-463	873	16	t.c	t.c	PROPN
ftr-463	873	17	.	.	PROPN
ftr-463	873	18	168	168	NUM
ftr-463	873	19	.	.	PUNCT
ftr-463	873	20	171	171	NUM
ftr-463	873	21	(	(	PUNCT
ftr-463	873	22	1973	1973	NUM
ftr-463	873	23	):	):	PUNCT
ftr-463	873	24	carter	carter	PROPN
ftr-463	873	25	publications	publication	NOUN
ftr-463	873	26	.	.	PUNCT
ftr-463	873	27	inc	inc	PROPN
ftr-463	873	28	.	.	PROPN
ftr-463	874	1	v.	v.	PROPN
ftr-463	874	2	commissioner	commissioner	PROPN
ftr-463	874	3	,	,	PUNCT
ftr-463	874	4	28	28	NUM
ftr-463	874	5	b.t.a	b.t.a	NOUN
ftr-463	874	6	.	.	PROPN
ftr-463	874	7	160	160	NUM
ftr-463	874	8	,	,	PUNCT
ftr-463	874	9	164	164	NUM
ftr-463	874	10	(	(	PUNCT
ftr-463	874	11	1933	1933	NUM
ftr-463	874	12	)	)	PUNCT
ftr-463	874	13	.	.	PUNCT
ftr-463	875	1	florida	florida	PROPN
ftr-463	875	2	tax	tax	PROPN
ftr-463	875	3	review	review	NOUN
ftr-463	875	4	basis	basis	NOUN
ftr-463	875	5	for	for	ADP
ftr-463	875	6	permitting	permit	VERB
ftr-463	875	7	taxpayers	taxpayer	NOUN
ftr-463	875	8	to	to	PART
ftr-463	875	9	treat	treat	VERB
ftr-463	875	10	an	an	DET
ftr-463	875	11	integrated	integrate	VERB
ftr-463	875	12	stock	stock	NOUN
ftr-463	875	13	purchase	purchase	NOUN
ftr-463	875	14	and	and	CCONJ
ftr-463	875	15	merger	merger	NOUN
ftr-463	875	16	as	as	ADP
ftr-463	875	17	an	an	DET
ftr-463	875	18	asset	asset	NOUN
ftr-463	875	19	purchase	purchase	NOUN
ftr-463	875	20	.	.	PUNCT
ftr-463	876	1	this	this	DET
ftr-463	876	2	doctrinal	doctrinal	ADJ
ftr-463	876	3	expansion	expansion	NOUN
ftr-463	876	4	produced	produce	VERB
ftr-463	876	5	no	no	DET
ftr-463	876	6	distortions	distortion	NOUN
ftr-463	876	7	when	when	SCONJ
ftr-463	876	8	the	the	DET
ftr-463	876	9	sole	sole	ADJ
ftr-463	876	10	issue	issue	NOUN
ftr-463	876	11	was	be	AUX
ftr-463	876	12	whether	whether	SCONJ
ftr-463	876	13	the	the	DET
ftr-463	876	14	acquiror	acquiror	NOUN
ftr-463	876	15	obtained	obtain	VERB
ftr-463	876	16	a	a	DET
ftr-463	876	17	cost	cost	NOUN
ftr-463	876	18	basis	basis	NOUN
ftr-463	876	19	in	in	ADP
ftr-463	876	20	the	the	DET
ftr-463	876	21	transferred	transfer	VERB
ftr-463	876	22	assets	asset	NOUN
ftr-463	876	23	.	.	PUNCT
ftr-463	877	1	however	however	ADV
ftr-463	877	2	,	,	PUNCT
ftr-463	877	3	the	the	DET
ftr-463	877	4	continuity	continuity	NOUN
ftr-463	877	5	of	of	ADP
ftr-463	877	6	interest	interest	NOUN
ftr-463	877	7	doctrine	doctrine	NOUN
ftr-463	877	8	was	be	AUX
ftr-463	877	9	far	far	ADV
ftr-463	877	10	too	too	ADV
ftr-463	877	11	blunt	blunt	ADJ
ftr-463	877	12	an	an	DET
ftr-463	877	13	instrument	instrument	NOUN
ftr-463	877	14	to	to	PART
ftr-463	877	15	provide	provide	VERB
ftr-463	877	16	the	the	DET
ftr-463	877	17	correct	correct	ADJ
ftr-463	877	18	answer	answer	NOUN
ftr-463	877	19	when	when	SCONJ
ftr-463	877	20	it	it	PRON
ftr-463	877	21	was	be	AUX
ftr-463	877	22	applied	apply	VERB
ftr-463	877	23	to	to	ADP
ftr-463	877	24	the	the	DET
ftr-463	877	25	target	target	NOUN
ftr-463	877	26	in	in	ADP
ftr-463	877	27	these	these	DET
ftr-463	877	28	cases	case	NOUN
ftr-463	877	29	.	.	PUNCT
ftr-463	878	1	under	under	ADP
ftr-463	878	2	the	the	DET
ftr-463	878	3	law	law	NOUN
ftr-463	878	4	after	after	ADP
ftr-463	878	5	1936	1936	NUM
ftr-463	878	6	and	and	CCONJ
ftr-463	878	7	before	before	ADP
ftr-463	878	8	1954	1954	NUM
ftr-463	878	9	,	,	PUNCT
ftr-463	878	10	if	if	SCONJ
ftr-463	878	11	a	a	DET
ftr-463	878	12	purchase	purchase	NOUN
ftr-463	878	13	of	of	ADP
ftr-463	878	14	target	target	NOUN
ftr-463	878	15	stock	stock	NOUN
ftr-463	878	16	and	and	CCONJ
ftr-463	878	17	the	the	DET
ftr-463	878	18	target	target	NOUN
ftr-463	878	19	's	's	PART
ftr-463	878	20	subsequent	subsequent	ADJ
ftr-463	878	21	merger	merger	NOUN
ftr-463	878	22	into	into	ADP
ftr-463	878	23	the	the	DET
ftr-463	878	24	acquiror	acquiror	NOUN
ftr-463	878	25	was	be	AUX
ftr-463	878	26	treated	treat	VERB
ftr-463	878	27	under	under	ADP
ftr-463	878	28	the	the	DET
ftr-463	878	29	integrated	integrate	VERB
ftr-463	878	30	transaction	transaction	NOUN
ftr-463	878	31	doctrine	doctrine	NOUN
ftr-463	878	32	as	as	ADP
ftr-463	878	33	a	a	DET
ftr-463	878	34	liquidation	liquidation	NOUN
ftr-463	878	35	of	of	ADP
ftr-463	878	36	the	the	DET
ftr-463	878	37	target	target	NOUN
ftr-463	878	38	and	and	CCONJ
ftr-463	878	39	the	the	DET
ftr-463	878	40	sale	sale	NOUN
ftr-463	878	41	of	of	ADP
ftr-463	878	42	its	its	PRON
ftr-463	878	43	assets	asset	NOUN
ftr-463	878	44	by	by	ADP
ftr-463	878	45	target	target	NOUN
ftr-463	878	46	shareholders	shareholder	NOUN
ftr-463	878	47	to	to	ADP
ftr-463	878	48	the	the	DET
ftr-463	878	49	acquiror	acquiror	NOUN
ftr-463	878	50	,	,	PUNCT
ftr-463	878	51	the	the	DET
ftr-463	878	52	target	target	NOUN
ftr-463	878	53	was	be	AUX
ftr-463	878	54	not	not	PART
ftr-463	878	55	affected	affect	VERB
ftr-463	878	56	by	by	ADP
ftr-463	878	57	the	the	DET
ftr-463	878	58	recharacterization	recharacterization	NOUN
ftr-463	878	59	.	.	PUNCT
ftr-463	879	1	under	under	ADP
ftr-463	879	2	the	the	DET
ftr-463	879	3	statutes	statute	NOUN
ftr-463	879	4	then	then	ADV
ftr-463	879	5	in	in	ADP
ftr-463	879	6	effect	effect	NOUN
ftr-463	879	7	,	,	PUNCT
ftr-463	879	8	a	a	DET
ftr-463	879	9	corporation	corporation	NOUN
ftr-463	879	10	generally	generally	ADV
ftr-463	879	11	recognized	recognize	VERB
ftr-463	879	12	no	no	DET
ftr-463	879	13	gain	gain	NOUN
ftr-463	879	14	or	or	CCONJ
ftr-463	879	15	loss	loss	NOUN
ftr-463	879	16	on	on	ADP
ftr-463	879	17	distributing	distribute	VERB
ftr-463	879	18	its	its	PRON
ftr-463	879	19	assets	asset	NOUN
ftr-463	879	20	in	in	ADP
ftr-463	879	21	liquidation	liquidation	NOUN
ftr-463	879	22	,	,	PUNCT
ftr-463	879	23	and	and	CCONJ
ftr-463	879	24	the	the	DET
ftr-463	879	25	cumberland	cumberland	PROPN
ftr-463	879	26	case"3	case"3	PROPN
ftr-463	879	27	permitted	permit	VERB
ftr-463	879	28	this	this	DET
ftr-463	879	29	rule	rule	NOUN
ftr-463	879	30	to	to	PART
ftr-463	879	31	apply	apply	VERB
ftr-463	879	32	if	if	SCONJ
ftr-463	879	33	the	the	DET
ftr-463	879	34	shareholders	shareholder	NOUN
ftr-463	879	35	had	have	AUX
ftr-463	879	36	first	first	ADV
ftr-463	879	37	unsuccessfully	unsuccessfully	ADV
ftr-463	879	38	attempted	attempt	VERB
ftr-463	879	39	to	to	PART
ftr-463	879	40	sell	sell	VERB
ftr-463	879	41	their	their	PRON
ftr-463	879	42	stock	stock	NOUN
ftr-463	879	43	to	to	ADP
ftr-463	879	44	the	the	DET
ftr-463	879	45	acquiror	acquiror	NOUN
ftr-463	879	46	and	and	CCONJ
ftr-463	879	47	then	then	ADV
ftr-463	879	48	liquidated	liquidate	VERB
ftr-463	879	49	target	target	NOUN
ftr-463	879	50	and	and	CCONJ
ftr-463	879	51	sold	sell	VERB
ftr-463	879	52	its	its	PRON
ftr-463	879	53	assets	asset	NOUN
ftr-463	879	54	.	.	PUNCT
ftr-463	880	1	35	35	NUM
ftr-463	881	1	the	the	DET
ftr-463	881	2	cumberland	cumberland	NOUN
ftr-463	881	3	holding	holding	NOUN
ftr-463	881	4	certainly	certainly	ADV
ftr-463	881	5	appears	appear	VERB
ftr-463	881	6	to	to	PART
ftr-463	881	7	have	have	AUX
ftr-463	881	8	applied	apply	VERB
ftr-463	881	9	to	to	ADP
ftr-463	881	10	a	a	DET
ftr-463	881	11	stock	stock	NOUN
ftr-463	881	12	sale	sale	NOUN
ftr-463	881	13	by	by	ADP
ftr-463	881	14	target	target	NOUN
ftr-463	881	15	shareholders	shareholder	NOUN
ftr-463	881	16	,	,	PUNCT
ftr-463	881	17	followed	follow	VERB
ftr-463	881	18	by	by	ADP
ftr-463	881	19	a	a	DET
ftr-463	881	20	merger	merger	NOUN
ftr-463	881	21	of	of	ADP
ftr-463	881	22	the	the	DET
ftr-463	881	23	target	target	NOUN
ftr-463	881	24	into	into	ADP
ftr-463	881	25	the	the	DET
ftr-463	881	26	acquiror	acquiror	NOUN
ftr-463	881	27	or	or	CCONJ
ftr-463	881	28	acquiror	acquiror	NOUN
ftr-463	881	29	's	's	PART
ftr-463	881	30	subsidiary	subsidiary	NOUN
ftr-463	881	31	,	,	PUNCT
ftr-463	881	32	if	if	SCONJ
ftr-463	881	33	the	the	DET
ftr-463	881	34	transactions	transaction	NOUN
ftr-463	881	35	were	be	AUX
ftr-463	881	36	recharacterized	recharacterize	VERB
ftr-463	881	37	under	under	ADP
ftr-463	881	38	the	the	DET
ftr-463	881	39	integrated	integrate	VERB
ftr-463	881	40	transaction	transaction	NOUN
ftr-463	881	41	doctrine	doctrine	NOUN
ftr-463	881	42	as	as	ADP
ftr-463	881	43	a	a	DET
ftr-463	881	44	liquidation	liquidation	NOUN
ftr-463	881	45	of	of	ADP
ftr-463	881	46	the	the	DET
ftr-463	881	47	target	target	NOUN
ftr-463	881	48	followed	follow	VERB
ftr-463	881	49	by	by	ADP
ftr-463	881	50	an	an	DET
ftr-463	881	51	asset	asset	NOUN
ftr-463	881	52	sale	sale	NOUN
ftr-463	881	53	by	by	ADP
ftr-463	881	54	target	target	NOUN
ftr-463	881	55	shareholders	shareholder	NOUN
ftr-463	881	56	.	.	PUNCT
ftr-463	882	1	however	however	ADV
ftr-463	882	2	,	,	PUNCT
ftr-463	882	3	since	since	SCONJ
ftr-463	882	4	a	a	DET
ftr-463	882	5	failure	failure	NOUN
ftr-463	882	6	of	of	ADP
ftr-463	882	7	continuity	continuity	NOUN
ftr-463	882	8	historically	historically	ADV
ftr-463	882	9	resulted	result	VERB
ftr-463	882	10	in	in	ADP
ftr-463	882	11	the	the	DET
ftr-463	882	12	target	target	NOUN
ftr-463	882	13	being	be	AUX
ftr-463	882	14	treated	treat	VERB
ftr-463	882	15	as	as	ADP
ftr-463	882	16	selling	sell	VERB
ftr-463	882	17	its	its	PRON
ftr-463	882	18	assets	asset	NOUN
ftr-463	882	19	to	to	ADP
ftr-463	882	20	the	the	DET
ftr-463	882	21	acquiror	acquiror	NOUN
ftr-463	882	22	,	,	PUNCT
ftr-463	882	23	the	the	DET
ftr-463	882	24	logical	logical	ADJ
ftr-463	882	25	extension	extension	NOUN
ftr-463	882	26	of	of	ADP
ftr-463	882	27	applying	apply	VERB
ftr-463	882	28	the	the	DET
ftr-463	882	29	continuity	continuity	NOUN
ftr-463	882	30	of	of	ADP
ftr-463	882	31	interest	interest	NOUN
ftr-463	882	32	doctrine	doctrine	NOUN
ftr-463	882	33	to	to	ADP
ftr-463	882	34	these	these	DET
ftr-463	882	35	cases	case	NOUN
ftr-463	882	36	appears	appear	VERB
ftr-463	882	37	to	to	PART
ftr-463	882	38	be	be	AUX
ftr-463	882	39	a	a	DET
ftr-463	882	40	corporatelevel	corporatelevel	ADJ
ftr-463	882	41	tax	tax	NOUN
ftr-463	882	42	on	on	ADP
ftr-463	882	43	the	the	DET
ftr-463	882	44	target	target	NOUN
ftr-463	882	45	-	-	PUNCT
ftr-463	882	46	a	a	DET
ftr-463	882	47	result	result	NOUN
ftr-463	882	48	entirely	entirely	ADV
ftr-463	882	49	ignored	ignore	VERB
ftr-463	882	50	by	by	ADP
ftr-463	882	51	the	the	DET
ftr-463	882	52	courts	court	NOUN
ftr-463	882	53	that	that	PRON
ftr-463	882	54	applied	apply	VERB
ftr-463	882	55	the	the	DET
ftr-463	882	56	doctrine	doctrine	NOUN
ftr-463	882	57	to	to	ADP
ftr-463	882	58	taxable	taxable	ADJ
ftr-463	882	59	years	year	NOUN
ftr-463	882	60	between	between	ADP
ftr-463	882	61	1936	1936	NUM
ftr-463	882	62	and	and	CCONJ
ftr-463	882	63	1954	1954	NUM
ftr-463	882	64	.	.	PUNCT
ftr-463	883	1	36	36	NUM
ftr-463	883	2	this	this	PRON
ftr-463	883	3	suggests	suggest	VERB
ftr-463	883	4	either	either	CCONJ
ftr-463	883	5	that	that	SCONJ
ftr-463	883	6	the	the	DET
ftr-463	883	7	continuity	continuity	NOUN
ftr-463	883	8	doctrine	doctrine	NOUN
ftr-463	883	9	cited	cite	VERB
ftr-463	883	10	as	as	ADP
ftr-463	883	11	a	a	DET
ftr-463	883	12	rationale	rationale	NOUN
ftr-463	883	13	for	for	ADP
ftr-463	883	14	these	these	DET
ftr-463	883	15	cases	case	NOUN
ftr-463	883	16	was	be	AUX
ftr-463	883	17	no	no	ADV
ftr-463	883	18	longer	long	ADV
ftr-463	883	19	the	the	DET
ftr-463	883	20	doctrine	doctrine	NOUN
ftr-463	883	21	of	of	ADP
ftr-463	883	22	cortland	cortland	PROPN
ftr-463	883	23	and	and	CCONJ
ftr-463	883	24	pinellas	pinellas	PROPN
ftr-463	883	25	,	,	PUNCT
ftr-463	883	26	or	or	CCONJ
ftr-463	883	27	else	else	ADV
ftr-463	883	28	that	that	PRON
ftr-463	883	29	courts	court	NOUN
ftr-463	883	30	were	be	AUX
ftr-463	883	31	applying	apply	VERB
ftr-463	883	32	an	an	DET
ftr-463	883	33	integrated	integrate	VERB
ftr-463	883	34	transaction	transaction	NOUN
ftr-463	883	35	doctrine	doctrine	NOUN
ftr-463	883	36	,	,	PUNCT
ftr-463	883	37	and	and	CCONJ
ftr-463	883	38	not	not	PART
ftr-463	883	39	continuity	continuity	NOUN
ftr-463	883	40	.	.	PUNCT
ftr-463	884	1	this	this	DET
ftr-463	884	2	distinction	distinction	NOUN
ftr-463	884	3	remains	remain	VERB
ftr-463	884	4	important	important	ADJ
ftr-463	884	5	under	under	ADP
ftr-463	884	6	current	current	ADJ
ftr-463	884	7	law	law	NOUN
ftr-463	884	8	.	.	PUNCT
ftr-463	885	1	example	example	NOUN
ftr-463	885	2	.	.	PUNCT
ftr-463	886	1	target	target	NOUN
ftr-463	886	2	is	be	AUX
ftr-463	886	3	a	a	DET
ftr-463	886	4	wholly	wholly	ADV
ftr-463	886	5	-	-	PUNCT
ftr-463	886	6	owned	own	VERB
ftr-463	886	7	subsidiary	subsidiary	NOUN
ftr-463	886	8	of	of	ADP
ftr-463	886	9	a	a	DET
ftr-463	886	10	corporate	corporate	ADJ
ftr-463	886	11	seller	seller	NOUN
ftr-463	886	12	,	,	PUNCT
ftr-463	886	13	and	and	CCONJ
ftr-463	886	14	the	the	DET
ftr-463	886	15	two	two	NUM
ftr-463	886	16	corporations	corporation	NOUN
ftr-463	886	17	file	file	VERB
ftr-463	886	18	a	a	DET
ftr-463	886	19	consolidated	consolidated	ADJ
ftr-463	886	20	return	return	NOUN
ftr-463	886	21	.	.	PUNCT
ftr-463	887	1	acquiror	acquiror	NOUN
ftr-463	887	2	134	134	NUM
ftr-463	887	3	.	.	PUNCT
ftr-463	888	1	united	united	PROPN
ftr-463	888	2	states	states	PROPN
ftr-463	888	3	v.	v.	PROPN
ftr-463	888	4	cumberland	cumberland	PROPN
ftr-463	888	5	pub	pub	PROPN
ftr-463	888	6	.	.	PUNCT
ftr-463	889	1	serv	serv	PROPN
ftr-463	889	2	.	.	PUNCT
ftr-463	889	3	co.	co.	PROPN
ftr-463	889	4	,	,	PUNCT
ftr-463	889	5	338	338	NUM
ftr-463	889	6	u.s	u.s	PROPN
ftr-463	889	7	.	.	PROPN
ftr-463	889	8	451	451	NUM
ftr-463	889	9	(	(	PUNCT
ftr-463	889	10	1950	1950	NUM
ftr-463	889	11	)	)	PUNCT
ftr-463	889	12	.	.	PUNCT
ftr-463	890	1	135	135	NUM
ftr-463	890	2	.	.	PUNCT
ftr-463	890	3	see	see	VERB
ftr-463	890	4	generally	generally	ADV
ftr-463	890	5	bittker	bittker	NOUN
ftr-463	890	6	&	&	CCONJ
ftr-463	890	7	eustice	eustice	PROPN
ftr-463	890	8	,	,	PUNCT
ftr-463	890	9	supra	supra	PROPN
ftr-463	890	10	note	note	NOUN
ftr-463	890	11	5	5	NUM
ftr-463	890	12	,	,	PUNCT
ftr-463	890	13	10.05[5	10.05[5	NUM
ftr-463	890	14	]	]	PUNCT
ftr-463	890	15	at	at	ADP
ftr-463	890	16	10	10	NUM
ftr-463	890	17	-	-	SYM
ftr-463	890	18	31	31	NUM
ftr-463	890	19	to	to	PART
ftr-463	890	20	10	10	NUM
ftr-463	890	21	-	-	SYM
ftr-463	890	22	34	34	NUM
ftr-463	890	23	and	and	CCONJ
ftr-463	890	24	9110.41	9110.41	NUM
ftr-463	890	25	,	,	PUNCT
ftr-463	890	26	at	at	ADP
ftr-463	890	27	10	10	NUM
ftr-463	890	28	-	-	SYM
ftr-463	890	29	84	84	NUM
ftr-463	890	30	to	to	PART
ftr-463	890	31	10	10	NUM
ftr-463	890	32	-	-	SYM
ftr-463	890	33	89	89	NUM
ftr-463	890	34	.	.	PUNCT
ftr-463	891	1	section	section	NOUN
ftr-463	891	2	337	337	NUM
ftr-463	891	3	extended	extended	ADJ
ftr-463	891	4	nonrecognition	nonrecognition	NOUN
ftr-463	891	5	treatment	treatment	NOUN
ftr-463	891	6	to	to	ADP
ftr-463	891	7	targets	target	NOUN
ftr-463	891	8	that	that	PRON
ftr-463	891	9	sold	sell	VERB
ftr-463	891	10	their	their	PRON
ftr-463	891	11	assets	asset	NOUN
ftr-463	891	12	in	in	ADP
ftr-463	891	13	the	the	DET
ftr-463	891	14	12	12	NUM
ftr-463	891	15	-	-	PUNCT
ftr-463	891	16	month	month	NOUN
ftr-463	891	17	period	period	NOUN
ftr-463	891	18	prior	prior	ADV
ftr-463	891	19	to	to	ADP
ftr-463	891	20	liquidation	liquidation	NOUN
ftr-463	891	21	.	.	PUNCT
ftr-463	892	1	136	136	NUM
ftr-463	892	2	.	.	PUNCT
ftr-463	893	1	see	see	VERB
ftr-463	893	2	commissioner	commissioner	NOUN
ftr-463	893	3	v.	v.	ADP
ftr-463	893	4	ashland	ashland	PROPN
ftr-463	893	5	oil	oil	PROPN
ftr-463	893	6	&	&	CCONJ
ftr-463	893	7	r.	r.	PROPN
ftr-463	893	8	co.	co.	PROPN
ftr-463	893	9	,	,	PUNCT
ftr-463	893	10	99	99	NUM
ftr-463	893	11	f.2d	f.2d	ADP
ftr-463	893	12	588	588	NUM
ftr-463	893	13	,	,	PUNCT
ftr-463	893	14	593	593	NUM
ftr-463	893	15	(	(	PUNCT
ftr-463	893	16	6th	6th	ADJ
ftr-463	893	17	cir	cir	NOUN
ftr-463	893	18	.	.	PROPN
ftr-463	893	19	1938	1938	NUM
ftr-463	893	20	)	)	PUNCT
ftr-463	893	21	(	(	PUNCT
ftr-463	893	22	hamilton	hamilton	PROPN
ftr-463	893	23	,	,	PUNCT
ftr-463	893	24	j.	j.	PROPN
ftr-463	893	25	,	,	PUNCT
ftr-463	893	26	dissenting	dissent	VERB
ftr-463	893	27	on	on	ADP
ftr-463	893	28	grounds	ground	NOUN
ftr-463	893	29	that	that	SCONJ
ftr-463	893	30	target	target	NOUN
ftr-463	893	31	should	should	AUX
ftr-463	893	32	be	be	AUX
ftr-463	893	33	subject	subject	ADJ
ftr-463	893	34	to	to	ADP
ftr-463	893	35	tax	tax	NOUN
ftr-463	893	36	on	on	ADP
ftr-463	893	37	deemed	deem	VERB
ftr-463	893	38	asset	asset	NOUN
ftr-463	893	39	sale	sale	NOUN
ftr-463	893	40	)	)	PUNCT
ftr-463	893	41	.	.	PUNCT
ftr-463	894	1	cf	cf	NOUN
ftr-463	894	2	.	.	PUNCT
ftr-463	895	1	carter	carter	PROPN
ftr-463	895	2	publications	publications	PROPN
ftr-463	895	3	inc	inc	PROPN
ftr-463	895	4	.	.	PROPN
ftr-463	896	1	v.	v.	PROPN
ftr-463	896	2	commissioner	commissioner	PROPN
ftr-463	896	3	,	,	PUNCT
ftr-463	896	4	28	28	NUM
ftr-463	896	5	b.t.a	b.t.a	NOUN
ftr-463	896	6	.	.	PROPN
ftr-463	896	7	160	160	NUM
ftr-463	896	8	(	(	PUNCT
ftr-463	896	9	1933	1933	NUM
ftr-463	896	10	)	)	PUNCT
ftr-463	896	11	(	(	PUNCT
ftr-463	896	12	taxing	tax	VERB
ftr-463	896	13	the	the	DET
ftr-463	896	14	target	target	NOUN
ftr-463	896	15	on	on	ADP
ftr-463	896	16	deemed	deem	VERB
ftr-463	896	17	asset	asset	NOUN
ftr-463	896	18	sale	sale	NOUN
ftr-463	896	19	under	under	ADP
ftr-463	896	20	continuity	continuity	NOUN
ftr-463	896	21	of	of	ADP
ftr-463	896	22	interest	interest	NOUN
ftr-463	896	23	theory	theory	NOUN
ftr-463	896	24	,	,	PUNCT
ftr-463	896	25	as	as	SCONJ
ftr-463	896	26	applied	apply	VERB
ftr-463	896	27	to	to	ADP
ftr-463	896	28	tax	tax	NOUN
ftr-463	896	29	year	year	NOUN
ftr-463	896	30	before	before	ADP
ftr-463	896	31	1936	1936	NUM
ftr-463	896	32	)	)	PUNCT
ftr-463	896	33	.	.	PUNCT
ftr-463	897	1	between	between	ADP
ftr-463	897	2	1954	1954	NUM
ftr-463	897	3	and	and	CCONJ
ftr-463	897	4	1987	1987	NUM
ftr-463	897	5	,	,	PUNCT
ftr-463	897	6	this	this	DET
ftr-463	897	7	result	result	NOUN
ftr-463	897	8	was	be	AUX
ftr-463	897	9	codified	codify	VERB
ftr-463	897	10	in	in	ADP
ftr-463	897	11	§	§	PROPN
ftr-463	897	12	334(b)(2	334(b)(2	PROPN
ftr-463	897	13	)	)	PUNCT
ftr-463	897	14	,	,	PUNCT
ftr-463	897	15	which	which	PRON
ftr-463	897	16	gave	give	VERB
ftr-463	897	17	the	the	DET
ftr-463	897	18	acquiror	acquiror	NOUN
ftr-463	897	19	a	a	DET
ftr-463	897	20	stepped	step	VERB
ftr-463	897	21	-	-	PUNCT
ftr-463	897	22	up	up	ADP
ftr-463	897	23	basis	basis	NOUN
ftr-463	897	24	in	in	ADP
ftr-463	897	25	target	target	NOUN
ftr-463	897	26	's	's	PART
ftr-463	897	27	assets	asset	NOUN
ftr-463	897	28	without	without	ADP
ftr-463	897	29	subjecting	subject	VERB
ftr-463	897	30	the	the	DET
ftr-463	897	31	target	target	NOUN
ftr-463	897	32	to	to	ADP
ftr-463	897	33	tax	tax	NOUN
ftr-463	897	34	on	on	ADP
ftr-463	897	35	any	any	DET
ftr-463	897	36	appreciation	appreciation	NOUN
ftr-463	897	37	in	in	ADP
ftr-463	897	38	the	the	DET
ftr-463	897	39	value	value	NOUN
ftr-463	897	40	of	of	ADP
ftr-463	897	41	its	its	PRON
ftr-463	897	42	assets	asset	NOUN
ftr-463	897	43	.	.	PUNCT
ftr-463	898	1	see	see	VERB
ftr-463	898	2	infra	infra	NOUN
ftr-463	898	3	note	note	VERB
ftr-463	898	4	156	156	NUM
ftr-463	898	5	and	and	CCONJ
ftr-463	898	6	accompanying	accompany	VERB
ftr-463	898	7	text	text	NOUN
ftr-463	898	8	.	.	PUNCT
ftr-463	899	1	[	[	X
ftr-463	899	2	vol	vol	NOUN
ftr-463	899	3	3:5	3:5	NUM
ftr-463	899	4	1996	1996	NUM
ftr-463	899	5	]	]	PUNCT
ftr-463	899	6	devolution	devolution	NOUN
ftr-463	899	7	&	&	CCONJ
ftr-463	899	8	inevitable	inevitable	ADJ
ftr-463	899	9	extinction	extinction	NOUN
ftr-463	899	10	of	of	ADP
ftr-463	899	11	the	the	DET
ftr-463	899	12	continuity	continuity	NOUN
ftr-463	899	13	of	of	ADP
ftr-463	899	14	interest	interest	NOUN
ftr-463	899	15	doctrine	doctrine	NOUN
ftr-463	899	16	225	225	NUM
ftr-463	899	17	purchases	purchase	NOUN
ftr-463	899	18	79	79	NUM
ftr-463	899	19	%	%	NOUN
ftr-463	899	20	of	of	ADP
ftr-463	899	21	target	target	NOUN
ftr-463	899	22	's	's	PART
ftr-463	899	23	stock	stock	NOUN
ftr-463	899	24	137	137	NUM
ftr-463	899	25	from	from	ADP
ftr-463	899	26	seller	seller	NOUN
ftr-463	899	27	for	for	ADP
ftr-463	899	28	cash	cash	NOUN
ftr-463	899	29	and	and	CCONJ
ftr-463	899	30	,	,	PUNCT
ftr-463	899	31	as	as	ADP
ftr-463	899	32	part	part	NOUN
ftr-463	899	33	of	of	ADP
ftr-463	899	34	an	an	DET
ftr-463	899	35	integrated	integrated	ADJ
ftr-463	899	36	transaction	transaction	NOUN
ftr-463	899	37	,	,	PUNCT
ftr-463	899	38	merges	merge	VERB
ftr-463	899	39	target	target	NOUN
ftr-463	899	40	upstream	upstream	ADJ
ftr-463	899	41	into	into	ADP
ftr-463	899	42	acquiror	acquiror	NOUN
ftr-463	899	43	,	,	PUNCT
ftr-463	899	44	with	with	ADP
ftr-463	899	45	seller	seller	NOUN
ftr-463	899	46	receiving	receive	VERB
ftr-463	899	47	acquiror	acquiror	NOUN
ftr-463	899	48	stock	stock	NOUN
ftr-463	899	49	for	for	ADP
ftr-463	899	50	the	the	DET
ftr-463	899	51	remaining	remain	VERB
ftr-463	899	52	21	21	NUM
ftr-463	899	53	%	%	NOUN
ftr-463	899	54	of	of	ADP
ftr-463	899	55	target	target	NOUN
ftr-463	899	56	's	's	PART
ftr-463	899	57	stocks	stock	NOUN
ftr-463	899	58	.	.	PUNCT
ftr-463	900	1	if	if	SCONJ
ftr-463	900	2	the	the	DET
ftr-463	900	3	integrated	integrate	VERB
ftr-463	900	4	transaction	transaction	NOUN
ftr-463	900	5	doctrine	doctrine	NOUN
ftr-463	900	6	is	be	AUX
ftr-463	900	7	applied	apply	VERB
ftr-463	900	8	,	,	PUNCT
ftr-463	900	9	target	target	NOUN
ftr-463	900	10	is	be	AUX
ftr-463	900	11	treated	treat	VERB
ftr-463	900	12	as	as	ADP
ftr-463	900	13	first	first	ADV
ftr-463	900	14	having	having	AUX
ftr-463	900	15	liquidated	liquidate	VERB
ftr-463	900	16	tax	tax	NOUN
ftr-463	900	17	-	-	PUNCT
ftr-463	900	18	free	free	ADJ
ftr-463	900	19	into	into	ADP
ftr-463	900	20	seller	seller	NOUN
ftr-463	900	21	,	,	PUNCT
ftr-463	900	22	3	3	NUM
ftr-463	900	23	and	and	CCONJ
ftr-463	900	24	seller	seller	NOUN
ftr-463	900	25	is	be	AUX
ftr-463	900	26	treated	treat	VERB
ftr-463	900	27	as	as	ADP
ftr-463	900	28	selling	sell	VERB
ftr-463	900	29	target	target	NOUN
ftr-463	900	30	's	's	PART
ftr-463	900	31	assets	asset	NOUN
ftr-463	900	32	to	to	ADP
ftr-463	900	33	acquiror	acquiror	NOUN
ftr-463	900	34	.	.	PUNCT
ftr-463	901	1	seller	seller	NOUN
ftr-463	901	2	recognizes	recognize	VERB
ftr-463	901	3	gain	gain	NOUN
ftr-463	901	4	or	or	CCONJ
ftr-463	901	5	loss	loss	NOUN
ftr-463	901	6	equal	equal	ADJ
ftr-463	901	7	to	to	ADP
ftr-463	901	8	the	the	DET
ftr-463	901	9	difference	difference	NOUN
ftr-463	901	10	between	between	ADP
ftr-463	901	11	the	the	DET
ftr-463	901	12	value	value	NOUN
ftr-463	901	13	of	of	ADP
ftr-463	901	14	the	the	DET
ftr-463	901	15	consideration	consideration	NOUN
ftr-463	901	16	received	receive	VERB
ftr-463	901	17	and	and	CCONJ
ftr-463	901	18	target	target	NOUN
ftr-463	901	19	's	's	PART
ftr-463	901	20	basis	basis	NOUN
ftr-463	901	21	in	in	ADP
ftr-463	901	22	its	its	PRON
ftr-463	901	23	assets	asset	NOUN
ftr-463	901	24	,	,	PUNCT
ftr-463	901	25	and	and	CCONJ
ftr-463	901	26	acquiror	acquiror	NOUN
ftr-463	901	27	holds	hold	VERB
ftr-463	901	28	target	target	NOUN
ftr-463	901	29	's	's	PART
ftr-463	901	30	assets	asset	NOUN
ftr-463	901	31	with	with	ADP
ftr-463	901	32	a	a	DET
ftr-463	901	33	cost	cost	NOUN
ftr-463	901	34	basis	basis	NOUN
ftr-463	901	35	.	.	PUNCT
ftr-463	902	1	continuity	continuity	NOUN
ftr-463	902	2	has	have	VERB
ftr-463	902	3	no	no	DET
ftr-463	902	4	place	place	NOUN
ftr-463	902	5	in	in	ADP
ftr-463	902	6	this	this	DET
ftr-463	902	7	analysis	analysis	NOUN
ftr-463	902	8	because	because	SCONJ
ftr-463	902	9	the	the	DET
ftr-463	902	10	merger	merger	NOUN
ftr-463	902	11	is	be	AUX
ftr-463	902	12	disregarded	disregard	VERB
ftr-463	902	13	and	and	CCONJ
ftr-463	902	14	the	the	DET
ftr-463	902	15	liquidation	liquidation	NOUN
ftr-463	902	16	is	be	AUX
ftr-463	902	17	deemed	deem	VERB
ftr-463	902	18	to	to	PART
ftr-463	902	19	occur	occur	VERB
ftr-463	902	20	prior	prior	ADV
ftr-463	902	21	to	to	ADP
ftr-463	902	22	the	the	DET
ftr-463	902	23	asset	asset	NOUN
ftr-463	902	24	transfer	transfer	NOUN
ftr-463	902	25	.	.	PUNCT
ftr-463	903	1	on	on	ADP
ftr-463	903	2	the	the	DET
ftr-463	903	3	other	other	ADJ
ftr-463	903	4	hand	hand	NOUN
ftr-463	903	5	,	,	PUNCT
ftr-463	903	6	if	if	SCONJ
ftr-463	903	7	the	the	DET
ftr-463	903	8	continuity	continuity	NOUN
ftr-463	903	9	of	of	ADP
ftr-463	903	10	interest	interest	NOUN
ftr-463	903	11	doctrine	doctrine	NOUN
ftr-463	903	12	is	be	AUX
ftr-463	903	13	applied	apply	VERB
ftr-463	903	14	,	,	PUNCT
ftr-463	903	15	target	target	NOUN
ftr-463	903	16	recognizes	recognize	VERB
ftr-463	903	17	gain	gain	NOUN
ftr-463	903	18	on	on	ADP
ftr-463	903	19	either	either	PRON
ftr-463	903	20	of	of	ADP
ftr-463	903	21	two	two	NUM
ftr-463	903	22	theories	theory	NOUN
ftr-463	903	23	.	.	PUNCT
ftr-463	904	1	first	first	ADV
ftr-463	904	2	,	,	PUNCT
ftr-463	904	3	the	the	DET
ftr-463	904	4	stock	stock	NOUN
ftr-463	904	5	purchase	purchase	NOUN
ftr-463	904	6	by	by	ADP
ftr-463	904	7	acquiror	acquiror	NOUN
ftr-463	904	8	could	could	AUX
ftr-463	904	9	be	be	AUX
ftr-463	904	10	respected	respect	VERB
ftr-463	904	11	,	,	PUNCT
ftr-463	904	12	but	but	CCONJ
ftr-463	904	13	if	if	SCONJ
ftr-463	904	14	so	so	ADV
ftr-463	904	15	,	,	PUNCT
ftr-463	904	16	the	the	DET
ftr-463	904	17	upstream	upstream	ADJ
ftr-463	904	18	merger	merger	NOUN
ftr-463	904	19	of	of	ADP
ftr-463	904	20	target	target	NOUN
ftr-463	904	21	into	into	ADP
ftr-463	904	22	acquiror	acquiror	NOUN
ftr-463	904	23	fails	fail	VERB
ftr-463	904	24	continuity	continuity	NOUN
ftr-463	904	25	because	because	SCONJ
ftr-463	904	26	acquiror	acquiror	NOUN
ftr-463	904	27	is	be	AUX
ftr-463	904	28	not	not	PART
ftr-463	904	29	target	target	VERB
ftr-463	904	30	's	's	PART
ftr-463	904	31	historic	historic	ADJ
ftr-463	904	32	shareholder.139	shareholder.139	NOUN
ftr-463	904	33	under	under	ADP
ftr-463	904	34	this	this	DET
ftr-463	904	35	analysis	analysis	NOUN
ftr-463	904	36	,	,	PUNCT
ftr-463	904	37	seller	seller	NOUN
ftr-463	904	38	has	have	VERB
ftr-463	904	39	gain	gain	NOUN
ftr-463	904	40	or	or	CCONJ
ftr-463	904	41	loss	loss	NOUN
ftr-463	904	42	equal	equal	ADJ
ftr-463	904	43	to	to	ADP
ftr-463	904	44	the	the	DET
ftr-463	904	45	difference	difference	NOUN
ftr-463	904	46	between	between	ADP
ftr-463	904	47	the	the	DET
ftr-463	904	48	value	value	NOUN
ftr-463	904	49	of	of	ADP
ftr-463	904	50	the	the	DET
ftr-463	904	51	consideration	consideration	NOUN
ftr-463	904	52	received	receive	VERB
ftr-463	904	53	and	and	CCONJ
ftr-463	904	54	its	its	PRON
ftr-463	904	55	basis	basis	NOUN
ftr-463	904	56	in	in	ADP
ftr-463	904	57	the	the	DET
ftr-463	904	58	target	target	NOUN
ftr-463	904	59	stock	stock	NOUN
ftr-463	904	60	,	,	PUNCT
ftr-463	904	61	and	and	CCONJ
ftr-463	904	62	,	,	PUNCT
ftr-463	904	63	after	after	ADP
ftr-463	904	64	being	be	AUX
ftr-463	904	65	deconsolidated	deconsolidate	VERB
ftr-463	904	66	from	from	ADP
ftr-463	904	67	seller	seller	NOUN
ftr-463	904	68	,	,	PUNCT
ftr-463	904	69	target	target	NOUN
ftr-463	904	70	is	be	AUX
ftr-463	904	71	treated	treat	VERB
ftr-463	904	72	as	as	ADP
ftr-463	904	73	making	make	VERB
ftr-463	904	74	a	a	DET
ftr-463	904	75	taxable	taxable	ADJ
ftr-463	904	76	sale	sale	NOUN
ftr-463	904	77	of	of	ADP
ftr-463	904	78	its	its	PRON
ftr-463	904	79	assets	asset	NOUN
ftr-463	904	80	to	to	ADP
ftr-463	904	81	acquiror	acquiror	NOUN
ftr-463	904	82	in	in	ADP
ftr-463	904	83	the	the	DET
ftr-463	904	84	upstream	upstream	ADJ
ftr-463	904	85	merger.1	merger.1	NOUN
ftr-463	904	86	'	'	PART
ftr-463	904	87	°	°	NOUN
ftr-463	904	88	alternatively	alternatively	ADV
ftr-463	904	89	,	,	PUNCT
ftr-463	904	90	the	the	DET
ftr-463	904	91	stock	stock	NOUN
ftr-463	904	92	purchase	purchase	NOUN
ftr-463	904	93	by	by	ADP
ftr-463	904	94	acquiror	acquiror	NOUN
ftr-463	904	95	could	could	AUX
ftr-463	904	96	be	be	AUX
ftr-463	904	97	ignored	ignore	VERB
ftr-463	904	98	,	,	PUNCT
ftr-463	904	99	and	and	CCONJ
ftr-463	904	100	target	target	NOUN
ftr-463	904	101	could	could	AUX
ftr-463	904	102	be	be	AUX
ftr-463	904	103	viewed	view	VERB
ftr-463	904	104	as	as	ADP
ftr-463	904	105	merging	merge	VERB
ftr-463	904	106	directly	directly	ADV
ftr-463	904	107	into	into	ADP
ftr-463	904	108	acquiror	acquiror	NOUN
ftr-463	904	109	,	,	PUNCT
ftr-463	904	110	with	with	ADP
ftr-463	904	111	seller	seller	NOUN
ftr-463	904	112	receiving	receive	VERB
ftr-463	904	113	acquiror	acquiror	NOUN
ftr-463	904	114	stock	stock	NOUN
ftr-463	904	115	and	and	CCONJ
ftr-463	904	116	cash	cash	NOUN
ftr-463	904	117	.	.	PUNCT
ftr-463	904	118	'	'	PUNCT
ftr-463	905	1	the	the	DET
ftr-463	905	2	21	21	NUM
ftr-463	905	3	%	%	NOUN
ftr-463	905	4	equity	equity	NOUN
ftr-463	905	5	consideration	consideration	NOUN
ftr-463	905	6	received	receive	VERB
ftr-463	905	7	by	by	ADP
ftr-463	905	8	seller	seller	NOUN
ftr-463	905	9	is	be	AUX
ftr-463	905	10	insufficient	insufficient	ADJ
ftr-463	905	11	to	to	PART
ftr-463	905	12	satisfy	satisfy	VERB
ftr-463	905	13	traditional	traditional	ADJ
ftr-463	905	14	tests	test	NOUN
ftr-463	905	15	of	of	ADP
ftr-463	905	16	continuity	continuity	NOUN
ftr-463	905	17	.	.	PUNCT
ftr-463	906	1	acquiror	acquiror	NOUN
ftr-463	906	2	obtains	obtain	VERB
ftr-463	906	3	a	a	DET
ftr-463	906	4	stepped	step	VERB
ftr-463	906	5	-	-	PUNCT
ftr-463	906	6	up	up	ADP
ftr-463	906	7	basis	basis	NOUN
ftr-463	906	8	under	under	ADP
ftr-463	906	9	either	either	DET
ftr-463	906	10	theory	theory	NOUN
ftr-463	906	11	,	,	PUNCT
ftr-463	906	12	but	but	CCONJ
ftr-463	906	13	,	,	PUNCT
ftr-463	906	14	under	under	ADP
ftr-463	906	15	the	the	DET
ftr-463	906	16	second	second	ADJ
ftr-463	906	17	,	,	PUNCT
ftr-463	906	18	target	target	NOUN
ftr-463	906	19	's	's	PART
ftr-463	906	20	gain	gain	NOUN
ftr-463	906	21	or	or	CCONJ
ftr-463	906	22	loss	loss	NOUN
ftr-463	906	23	occurs	occur	VERB
ftr-463	906	24	while	while	SCONJ
ftr-463	906	25	it	it	PRON
ftr-463	906	26	is	be	AUX
ftr-463	906	27	still	still	ADV
ftr-463	906	28	a	a	DET
ftr-463	906	29	member	member	NOUN
ftr-463	906	30	of	of	ADP
ftr-463	906	31	seller	seller	NOUN
ftr-463	906	32	's	's	PART
ftr-463	906	33	consolidated	consolidate	VERB
ftr-463	906	34	group.4	group.4	PROPN
ftr-463	906	35	2	2	NUM
ftr-463	906	36	137	137	NUM
ftr-463	906	37	.	.	PUNCT
ftr-463	907	1	this	this	DET
ftr-463	907	2	percentage	percentage	NOUN
ftr-463	907	3	is	be	AUX
ftr-463	907	4	important	important	ADJ
ftr-463	907	5	because	because	SCONJ
ftr-463	907	6	it	it	PRON
ftr-463	907	7	bypasses	bypass	VERB
ftr-463	907	8	the	the	DET
ftr-463	907	9	statutory	statutory	ADJ
ftr-463	907	10	result	result	NOUN
ftr-463	907	11	imposed	impose	VERB
ftr-463	907	12	by	by	ADP
ftr-463	907	13	§	§	PROPN
ftr-463	907	14	338	338	NUM
ftr-463	907	15	that	that	PRON
ftr-463	907	16	is	be	AUX
ftr-463	907	17	discussed	discuss	VERB
ftr-463	907	18	infra	infra	NOUN
ftr-463	907	19	part	part	NOUN
ftr-463	907	20	iv.b	iv.b	PROPN
ftr-463	907	21	.	.	PROPN
ftr-463	908	1	138	138	NUM
ftr-463	908	2	.	.	PUNCT
ftr-463	909	1	irc	irc	PROPN
ftr-463	909	2	§	§	PROPN
ftr-463	909	3	332	332	NUM
ftr-463	909	4	.	.	PUNCT
ftr-463	910	1	seller	seller	NOUN
ftr-463	910	2	acquires	acquire	VERB
ftr-463	910	3	target	target	NOUN
ftr-463	910	4	's	's	PART
ftr-463	910	5	assets	asset	NOUN
ftr-463	910	6	with	with	ADP
ftr-463	910	7	a	a	DET
ftr-463	910	8	carryover	carryover	NOUN
ftr-463	910	9	basis	basis	NOUN
ftr-463	910	10	.	.	PUNCT
ftr-463	911	1	see	see	VERB
ftr-463	911	2	irc	irc	PROPN
ftr-463	911	3	§	§	PROPN
ftr-463	911	4	334	334	NUM
ftr-463	911	5	.	.	PUNCT
ftr-463	911	6	139	139	NUM
ftr-463	911	7	.	.	PUNCT
ftr-463	912	1	this	this	PRON
ftr-463	912	2	was	be	AUX
ftr-463	912	3	the	the	DET
ftr-463	912	4	apparent	apparent	ADJ
ftr-463	912	5	rationale	rationale	NOUN
ftr-463	912	6	of	of	ADP
ftr-463	912	7	kass	kass	PROPN
ftr-463	912	8	and	and	CCONJ
ftr-463	912	9	superior	superior	ADJ
ftr-463	912	10	coach	coach	NOUN
ftr-463	912	11	.	.	PUNCT
ftr-463	913	1	see	see	VERB
ftr-463	913	2	superior	superior	ADJ
ftr-463	913	3	coach	coach	NOUN
ftr-463	913	4	of	of	ADP
ftr-463	913	5	florida	florida	PROPN
ftr-463	913	6	v.	v.	PROPN
ftr-463	913	7	commissioner	commissioner	PROPN
ftr-463	913	8	,	,	PUNCT
ftr-463	913	9	80	80	NUM
ftr-463	913	10	t.c	t.c	PROPN
ftr-463	913	11	.	.	PROPN
ftr-463	913	12	895	895	NUM
ftr-463	913	13	,	,	PUNCT
ftr-463	913	14	906	906	NUM
ftr-463	913	15	-	-	SYM
ftr-463	913	16	07	07	NUM
ftr-463	913	17	(	(	PUNCT
ftr-463	913	18	1983	1983	NUM
ftr-463	913	19	)	)	PUNCT
ftr-463	913	20	;	;	PUNCT
ftr-463	913	21	kass	kass	PROPN
ftr-463	913	22	v.	v.	PROPN
ftr-463	913	23	commissioner	commissioner	PROPN
ftr-463	913	24	,	,	PUNCT
ftr-463	913	25	60	60	NUM
ftr-463	913	26	t.c	t.c	PROPN
ftr-463	913	27	.	.	PROPN
ftr-463	913	28	218	218	NUM
ftr-463	913	29	,	,	PUNCT
ftr-463	913	30	222	222	NUM
ftr-463	913	31	-	-	SYM
ftr-463	913	32	23	23	NUM
ftr-463	913	33	(	(	PUNCT
ftr-463	913	34	1973	1973	NUM
ftr-463	913	35	)	)	PUNCT
ftr-463	913	36	.	.	PUNCT
ftr-463	914	1	140	140	NUM
ftr-463	914	2	.	.	PUNCT
ftr-463	915	1	whether	whether	SCONJ
ftr-463	915	2	target	target	NOUN
ftr-463	915	3	's	's	PART
ftr-463	915	4	gain	gain	NOUN
ftr-463	915	5	or	or	CCONJ
ftr-463	915	6	loss	loss	NOUN
ftr-463	915	7	is	be	AUX
ftr-463	915	8	properly	properly	ADV
ftr-463	915	9	includible	includible	ADJ
ftr-463	915	10	in	in	ADP
ftr-463	915	11	seller	seller	NOUN
ftr-463	915	12	's	's	PART
ftr-463	915	13	or	or	CCONJ
ftr-463	915	14	acquiror	acquiror	NOUN
ftr-463	915	15	's	's	PART
ftr-463	915	16	consolidated	consolidated	ADJ
ftr-463	915	17	return	return	NOUN
ftr-463	915	18	is	be	AUX
ftr-463	915	19	another	another	DET
ftr-463	915	20	matter	matter	NOUN
ftr-463	915	21	.	.	PUNCT
ftr-463	916	1	see	see	VERB
ftr-463	916	2	regs	reg	NOUN
ftr-463	916	3	.	.	PUNCT
ftr-463	917	1	§	§	PROPN
ftr-463	917	2	1.1502	1.1502	NUM
ftr-463	917	3	-	-	SYM
ftr-463	917	4	76(b)(l)(ii)(b)(4	76(b)(l)(ii)(b)(4	NUM
ftr-463	917	5	)	)	PUNCT
ftr-463	917	6	(	(	PUNCT
ftr-463	917	7	providing	provide	VERB
ftr-463	917	8	an	an	DET
ftr-463	917	9	exception	exception	NOUN
ftr-463	917	10	to	to	ADP
ftr-463	917	11	next	next	ADJ
ftr-463	917	12	-	-	PUNCT
ftr-463	917	13	day	day	NOUN
ftr-463	917	14	rule	rule	NOUN
ftr-463	917	15	for	for	ADP
ftr-463	917	16	prearranged	prearranged	ADJ
ftr-463	917	17	transactions	transaction	NOUN
ftr-463	917	18	)	)	PUNCT
ftr-463	917	19	and	and	CCONJ
ftr-463	917	20	(	(	PUNCT
ftr-463	917	21	b)(2)(ii)(c	b)(2)(ii)(c	X
ftr-463	917	22	)	)	PUNCT
ftr-463	917	23	(	(	PUNCT
ftr-463	917	24	providing	provide	VERB
ftr-463	917	25	an	an	DET
ftr-463	917	26	exception	exception	NOUN
ftr-463	917	27	to	to	ADP
ftr-463	917	28	ratable	ratable	ADJ
ftr-463	917	29	allocation	allocation	NOUN
ftr-463	917	30	rule	rule	NOUN
ftr-463	917	31	for	for	ADP
ftr-463	917	32	items	item	NOUN
ftr-463	917	33	that	that	PRON
ftr-463	917	34	result	result	VERB
ftr-463	917	35	in	in	ADP
ftr-463	917	36	substantial	substantial	ADJ
ftr-463	917	37	distortion	distortion	NOUN
ftr-463	917	38	)	)	PUNCT
ftr-463	917	39	.	.	PUNCT
ftr-463	918	1	141	141	NUM
ftr-463	918	2	.	.	PUNCT
ftr-463	918	3	king	king	NOUN
ftr-463	918	4	enterprises	enterprises	PROPN
ftr-463	918	5	,	,	PUNCT
ftr-463	918	6	inc	inc	PROPN
ftr-463	918	7	.	.	PROPN
ftr-463	918	8	v.	v.	PROPN
ftr-463	918	9	united	united	PROPN
ftr-463	918	10	states	states	PROPN
ftr-463	918	11	,	,	PUNCT
ftr-463	918	12	418	418	NUM
ftr-463	918	13	f.2d	f.2d	ADP
ftr-463	918	14	511	511	NUM
ftr-463	918	15	(	(	PUNCT
ftr-463	918	16	ct	ct	PROPN
ftr-463	918	17	.	.	PUNCT
ftr-463	918	18	cl	cl	NOUN
ftr-463	918	19	.	.	PROPN
ftr-463	918	20	1969	1969	NUM
ftr-463	918	21	)	)	PUNCT
ftr-463	918	22	(	(	PUNCT
ftr-463	918	23	applying	apply	VERB
ftr-463	918	24	this	this	DET
ftr-463	918	25	analysis	analysis	NOUN
ftr-463	918	26	to	to	PART
ftr-463	918	27	treat	treat	VERB
ftr-463	918	28	as	as	ADP
ftr-463	918	29	an	an	DET
ftr-463	918	30	a	a	DET
ftr-463	918	31	reorganization	reorganization	NOUN
ftr-463	918	32	the	the	DET
ftr-463	918	33	upstream	upstream	ADJ
ftr-463	918	34	merger	merger	NOUN
ftr-463	918	35	of	of	ADP
ftr-463	918	36	target	target	NOUN
ftr-463	918	37	into	into	ADP
ftr-463	918	38	acquiror	acquiror	NOUN
ftr-463	918	39	following	follow	VERB
ftr-463	918	40	acquiror	acquiror	NOUN
ftr-463	918	41	's	's	PART
ftr-463	918	42	purchase	purchase	NOUN
ftr-463	918	43	of	of	ADP
ftr-463	918	44	target	target	NOUN
ftr-463	918	45	stock	stock	NOUN
ftr-463	918	46	for	for	ADP
ftr-463	918	47	consideration	consideration	NOUN
ftr-463	918	48	consisting	consist	VERB
ftr-463	918	49	51	51	NUM
ftr-463	918	50	%	%	NOUN
ftr-463	918	51	of	of	ADP
ftr-463	918	52	acquiror	acquiror	NOUN
ftr-463	918	53	stock	stock	NOUN
ftr-463	918	54	)	)	PUNCT
ftr-463	918	55	.	.	PUNCT
ftr-463	919	1	142	142	NUM
ftr-463	919	2	.	.	PUNCT
ftr-463	920	1	other	other	ADJ
ftr-463	920	2	uncertainties	uncertainty	NOUN
ftr-463	920	3	exist	exist	VERB
ftr-463	920	4	.	.	PUNCT
ftr-463	921	1	if	if	SCONJ
ftr-463	921	2	the	the	DET
ftr-463	921	3	first	first	ADJ
ftr-463	921	4	continuity	continuity	NOUN
ftr-463	921	5	analysis	analysis	NOUN
ftr-463	921	6	described	describe	VERB
ftr-463	921	7	in	in	ADP
ftr-463	921	8	the	the	DET
ftr-463	921	9	text	text	NOUN
ftr-463	921	10	were	be	AUX
ftr-463	921	11	applied	apply	VERB
ftr-463	921	12	literally	literally	ADV
ftr-463	921	13	,	,	PUNCT
ftr-463	921	14	it	it	PRON
ftr-463	921	15	would	would	AUX
ftr-463	921	16	deny	deny	VERB
ftr-463	921	17	reorganization	reorganization	NOUN
ftr-463	921	18	treatment	treatment	NOUN
ftr-463	921	19	on	on	ADP
ftr-463	921	20	the	the	DET
ftr-463	921	21	second	second	ADJ
ftr-463	921	22	step	step	NOUN
ftr-463	921	23	merger	merger	NOUN
ftr-463	921	24	even	even	ADV
ftr-463	921	25	if	if	SCONJ
ftr-463	921	26	the	the	DET
ftr-463	921	27	stock	stock	NOUN
ftr-463	921	28	purchase	purchase	NOUN
ftr-463	921	29	was	be	AUX
ftr-463	921	30	entirely	entirely	ADV
ftr-463	921	31	for	for	ADP
ftr-463	921	32	acquiror	acquiror	NOUN
ftr-463	921	33	stock	stock	NOUN
ftr-463	921	34	.	.	PUNCT
ftr-463	922	1	florida	florida	PROPN
ftr-463	922	2	tax	tax	PROPN
ftr-463	922	3	review	review	NOUN
ftr-463	922	4	under	under	ADP
ftr-463	922	5	either	either	DET
ftr-463	922	6	theory	theory	NOUN
ftr-463	922	7	,	,	PUNCT
ftr-463	922	8	the	the	DET
ftr-463	922	9	transaction	transaction	NOUN
ftr-463	922	10	is	be	AUX
ftr-463	922	11	taxable	taxable	ADJ
ftr-463	922	12	to	to	ADP
ftr-463	922	13	a	a	DET
ftr-463	922	14	minority	minority	NOUN
ftr-463	922	15	shareholder	shareholder	NOUN
ftr-463	922	16	of	of	ADP
ftr-463	922	17	target	target	NOUN
ftr-463	922	18	.	.	PUNCT
ftr-463	923	1	regardless	regardless	ADV
ftr-463	923	2	of	of	ADP
ftr-463	923	3	whether	whether	SCONJ
ftr-463	923	4	the	the	DET
ftr-463	923	5	transaction	transaction	NOUN
ftr-463	923	6	is	be	AUX
ftr-463	923	7	viewed	view	VERB
ftr-463	923	8	as	as	ADP
ftr-463	923	9	a	a	DET
ftr-463	923	10	liquidation	liquidation	NOUN
ftr-463	923	11	followed	follow	VERB
ftr-463	923	12	by	by	ADP
ftr-463	923	13	an	an	DET
ftr-463	923	14	asset	asset	NOUN
ftr-463	923	15	sale	sale	NOUN
ftr-463	923	16	,	,	PUNCT
ftr-463	923	17	or	or	CCONJ
ftr-463	923	18	as	as	ADP
ftr-463	923	19	a	a	DET
ftr-463	923	20	stock	stock	NOUN
ftr-463	923	21	sale	sale	NOUN
ftr-463	923	22	followed	follow	VERB
ftr-463	923	23	by	by	ADP
ftr-463	923	24	a	a	DET
ftr-463	923	25	busted	busted	ADJ
ftr-463	923	26	reorganization	reorganization	NOUN
ftr-463	923	27	(	(	PUNCT
ftr-463	923	28	a	a	DET
ftr-463	923	29	taxable	taxable	ADJ
ftr-463	923	30	asset	asset	NOUN
ftr-463	923	31	sale	sale	NOUN
ftr-463	923	32	)	)	PUNCT
ftr-463	923	33	and	and	CCONJ
ftr-463	923	34	then	then	ADV
ftr-463	923	35	a	a	DET
ftr-463	923	36	liquidation	liquidation	NOUN
ftr-463	923	37	of	of	ADP
ftr-463	923	38	target	target	NOUN
ftr-463	923	39	,	,	PUNCT
ftr-463	923	40	the	the	DET
ftr-463	923	41	minority	minority	NOUN
ftr-463	923	42	shareholder	shareholder	NOUN
ftr-463	923	43	is	be	AUX
ftr-463	923	44	subject	subject	ADJ
ftr-463	923	45	to	to	ADP
ftr-463	923	46	tax	tax	NOUN
ftr-463	923	47	.	.	PUNCT
ftr-463	924	1	it	it	PRON
ftr-463	924	2	was	be	AUX
ftr-463	924	3	more	more	ADV
ftr-463	924	4	or	or	CCONJ
ftr-463	924	5	less	less	ADJ
ftr-463	924	6	the	the	DET
ftr-463	924	7	second	second	ADJ
ftr-463	924	8	theory	theory	NOUN
ftr-463	924	9	that	that	SCONJ
ftr-463	924	10	the	the	DET
ftr-463	924	11	tax	tax	NOUN
ftr-463	924	12	court	court	NOUN
ftr-463	924	13	used	use	VERB
ftr-463	924	14	in	in	ADP
ftr-463	924	15	kass	kass	PROPN
ftr-463	924	16	v.	v.	ADP
ftr-463	924	17	commissioner143	commissioner143	PROPN
ftr-463	924	18	as	as	ADP
ftr-463	924	19	its	its	PRON
ftr-463	924	20	basis	basis	NOUN
ftr-463	924	21	for	for	ADP
ftr-463	924	22	taxing	tax	VERB
ftr-463	924	23	one	one	NUM
ftr-463	924	24	of	of	ADP
ftr-463	924	25	target	target	NOUN
ftr-463	924	26	's	's	PART
ftr-463	924	27	minority	minority	NOUN
ftr-463	924	28	shareholders	shareholder	NOUN
ftr-463	924	29	on	on	ADP
ftr-463	924	30	her	her	PRON
ftr-463	924	31	receipt	receipt	NOUN
ftr-463	924	32	of	of	ADP
ftr-463	924	33	acquiror	acquiror	NOUN
ftr-463	924	34	stock	stock	NOUN
ftr-463	924	35	.	.	PUNCT
ftr-463	924	36	'	'	PUNCT
ftr-463	924	37	"	"	PUNCT
ftr-463	925	1	thus	thus	ADV
ftr-463	925	2	,	,	PUNCT
ftr-463	925	3	although	although	SCONJ
ftr-463	925	4	courts	court	NOUN
ftr-463	925	5	in	in	ADP
ftr-463	925	6	these	these	DET
ftr-463	925	7	integrated	integrate	VERB
ftr-463	925	8	transaction	transaction	NOUN
ftr-463	925	9	cases	case	NOUN
ftr-463	925	10	often	often	ADV
ftr-463	925	11	appended	append	VERB
ftr-463	925	12	the	the	DET
ftr-463	925	13	continuity	continuity	NOUN
ftr-463	925	14	doctrine	doctrine	NOUN
ftr-463	925	15	as	as	ADP
ftr-463	925	16	an	an	DET
ftr-463	925	17	alternate	alternate	ADJ
ftr-463	925	18	basis	basis	NOUN
ftr-463	925	19	to	to	PART
ftr-463	925	20	find	find	VERB
ftr-463	925	21	that	that	SCONJ
ftr-463	925	22	an	an	DET
ftr-463	925	23	otherwise	otherwise	ADV
ftr-463	925	24	valid	valid	ADJ
ftr-463	925	25	reorganization	reorganization	NOUN
ftr-463	925	26	could	could	AUX
ftr-463	925	27	be	be	AUX
ftr-463	925	28	combined	combine	VERB
ftr-463	925	29	with	with	ADP
ftr-463	925	30	an	an	DET
ftr-463	925	31	antecedent	antecedent	NOUN
ftr-463	925	32	stock	stock	NOUN
ftr-463	925	33	purchase	purchase	NOUN
ftr-463	925	34	and	and	CCONJ
ftr-463	925	35	treated	treat	VERB
ftr-463	925	36	as	as	ADP
ftr-463	925	37	a	a	DET
ftr-463	925	38	single	single	ADJ
ftr-463	925	39	asset	asset	NOUN
ftr-463	925	40	purchase	purchase	NOUN
ftr-463	925	41	,	,	PUNCT
ftr-463	925	42	the	the	DET
ftr-463	925	43	expansion	expansion	NOUN
ftr-463	925	44	of	of	ADP
ftr-463	925	45	the	the	DET
ftr-463	925	46	continuity	continuity	NOUN
ftr-463	925	47	doctrine	doctrine	NOUN
ftr-463	925	48	to	to	PART
ftr-463	925	49	reach	reach	VERB
ftr-463	925	50	this	this	DET
ftr-463	925	51	result	result	NOUN
ftr-463	925	52	only	only	ADV
ftr-463	925	53	muddled	muddle	VERB
ftr-463	925	54	the	the	DET
ftr-463	925	55	law	law	NOUN
ftr-463	925	56	.	.	PUNCT
ftr-463	926	1	moreover	moreover	ADV
ftr-463	926	2	,	,	PUNCT
ftr-463	926	3	these	these	DET
ftr-463	926	4	aspects	aspect	NOUN
ftr-463	926	5	of	of	ADP
ftr-463	926	6	the	the	DET
ftr-463	926	7	integrated	integrate	VERB
ftr-463	926	8	transaction	transaction	NOUN
ftr-463	926	9	doctrine	doctrine	NOUN
ftr-463	926	10	(	(	PUNCT
ftr-463	926	11	and	and	CCONJ
ftr-463	926	12	its	its	PRON
ftr-463	926	13	interaction	interaction	NOUN
ftr-463	926	14	with	with	ADP
ftr-463	926	15	continuity	continuity	NOUN
ftr-463	926	16	)	)	PUNCT
ftr-463	926	17	have	have	AUX
ftr-463	926	18	been	be	AUX
ftr-463	926	19	further	far	ADV
ftr-463	926	20	complicated	complicate	VERB
ftr-463	926	21	by	by	ADP
ftr-463	926	22	the	the	DET
ftr-463	926	23	enactment	enactment	NOUN
ftr-463	926	24	of	of	ADP
ftr-463	926	25	section	section	NOUN
ftr-463	926	26	338	338	NUM
ftr-463	926	27	,	,	PUNCT
ftr-463	926	28	the	the	DET
ftr-463	926	29	repeal	repeal	NOUN
ftr-463	926	30	of	of	ADP
ftr-463	926	31	general	general	ADJ
ftr-463	926	32	utilities	utility	NOUN
ftr-463	926	33	,	,	PUNCT
ftr-463	926	34	and	and	CCONJ
ftr-463	926	35	certain	certain	ADJ
ftr-463	926	36	recently	recently	ADV
ftr-463	926	37	promulgated	promulgate	VERB
ftr-463	926	38	regulations	regulation	NOUN
ftr-463	926	39	which	which	PRON
ftr-463	926	40	would	would	AUX
ftr-463	926	41	significantly	significantly	ADV
ftr-463	926	42	limit	limit	VERB
ftr-463	926	43	-	-	PUNCT
ftr-463	926	44	but	but	CCONJ
ftr-463	926	45	not	not	PART
ftr-463	926	46	eliminate	eliminate	VERB
ftr-463	926	47	-	-	PUNCT
ftr-463	926	48	the	the	DET
ftr-463	926	49	application	application	NOUN
ftr-463	926	50	of	of	ADP
ftr-463	926	51	continuity	continuity	NOUN
ftr-463	926	52	to	to	ADP
ftr-463	926	53	many	many	ADJ
ftr-463	926	54	integrated	integrate	VERB
ftr-463	926	55	transactions	transaction	NOUN
ftr-463	926	56	.	.	PUNCT
ftr-463	927	1	these	these	DET
ftr-463	927	2	developments	development	NOUN
ftr-463	927	3	are	be	AUX
ftr-463	927	4	discussed	discuss	VERB
ftr-463	927	5	below	below	ADP
ftr-463	927	6	in	in	ADP
ftr-463	927	7	part	part	NOUN
ftr-463	927	8	iv.b	iv.b	PROPN
ftr-463	927	9	.	.	PUNCT
ftr-463	928	1	e.	e.	PROPN
ftr-463	928	2	the	the	DET
ftr-463	928	3	specter	specter	NOUN
ftr-463	928	4	of	of	ADP
ftr-463	928	5	historic	historic	ADJ
ftr-463	928	6	shareholder	shareholder	NOUN
ftr-463	928	7	continuity	continuity	NOUN
ftr-463	928	8	lurking	lurk	VERB
ftr-463	928	9	behind	behind	ADP
ftr-463	928	10	the	the	DET
ftr-463	928	11	integrated	integrate	VERB
ftr-463	928	12	transaction	transaction	NOUN
ftr-463	928	13	cases	case	NOUN
ftr-463	928	14	is	be	AUX
ftr-463	928	15	the	the	DET
ftr-463	928	16	possibility	possibility	NOUN
ftr-463	928	17	,	,	PUNCT
ftr-463	928	18	suggested	suggest	VERB
ftr-463	928	19	by	by	ADP
ftr-463	928	20	the	the	DET
ftr-463	928	21	service	service	NOUN
ftr-463	928	22	and	and	CCONJ
ftr-463	928	23	commentators	commentator	NOUN
ftr-463	928	24	,	,	PUNCT
ftr-463	928	25	that	that	SCONJ
ftr-463	928	26	those	those	DET
ftr-463	928	27	cases	case	NOUN
ftr-463	928	28	may	may	AUX
ftr-463	928	29	not	not	PART
ftr-463	928	30	be	be	AUX
ftr-463	928	31	limited	limit	VERB
ftr-463	928	32	to	to	ADP
ftr-463	928	33	an	an	DET
ftr-463	928	34	acquiror	acquiror	NOUN
ftr-463	928	35	's	's	PART
ftr-463	928	36	concerted	concert	VERB
ftr-463	928	37	effort	effort	NOUN
ftr-463	928	38	to	to	PART
ftr-463	928	39	purchase	purchase	VERB
ftr-463	928	40	a	a	DET
ftr-463	928	41	target	target	NOUN
ftr-463	928	42	's	's	PART
ftr-463	928	43	assets	asset	NOUN
ftr-463	928	44	.	.	PUNCT
ftr-463	929	1	instead	instead	ADV
ftr-463	929	2	,	,	PUNCT
ftr-463	929	3	the	the	DET
ftr-463	929	4	cases	case	NOUN
ftr-463	929	5	might	might	AUX
ftr-463	929	6	establish	establish	VERB
ftr-463	929	7	the	the	DET
ftr-463	929	8	continuity	continuity	NOUN
ftr-463	929	9	of	of	ADP
ftr-463	929	10	interest	interest	NOUN
ftr-463	929	11	doctrine	doctrine	NOUN
ftr-463	929	12	as	as	ADP
ftr-463	929	13	requiring	require	VERB
ftr-463	929	14	a	a	DET
ftr-463	929	15	continuous	continuous	ADJ
ftr-463	929	16	thread	thread	NOUN
ftr-463	929	17	of	of	ADP
ftr-463	929	18	ownership	ownership	NOUN
ftr-463	929	19	linking	link	VERB
ftr-463	929	20	the	the	DET
ftr-463	929	21	target	target	NOUN
ftr-463	929	22	's	's	PART
ftr-463	929	23	shareholders	shareholder	NOUN
ftr-463	929	24	before	before	ADP
ftr-463	929	25	the	the	PRON
ftr-463	929	26	from	from	ADP
ftr-463	929	27	time	time	NOUN
ftr-463	929	28	to	to	ADP
ftr-463	929	29	time	time	NOUN
ftr-463	929	30	,	,	PUNCT
ftr-463	929	31	courts	court	NOUN
ftr-463	929	32	have	have	AUX
ftr-463	929	33	suggested	suggest	VERB
ftr-463	929	34	that	that	SCONJ
ftr-463	929	35	the	the	DET
ftr-463	929	36	first	first	ADJ
ftr-463	929	37	analysis	analysis	NOUN
ftr-463	929	38	is	be	AUX
ftr-463	929	39	proper	proper	ADJ
ftr-463	929	40	.	.	PUNCT
ftr-463	930	1	see	see	VERB
ftr-463	930	2	russell	russell	PROPN
ftr-463	930	3	v.	v.	PROPN
ftr-463	930	4	commissioner	commissioner	PROPN
ftr-463	930	5	,	,	PUNCT
ftr-463	930	6	832	832	NUM
ftr-463	930	7	f.2d	f.2d	SYM
ftr-463	930	8	349	349	NUM
ftr-463	930	9	(	(	PUNCT
ftr-463	930	10	6th	6th	ADJ
ftr-463	930	11	cir	cir	NOUN
ftr-463	930	12	.	.	PUNCT
ftr-463	930	13	1987	1987	NUM
ftr-463	930	14	)	)	PUNCT
ftr-463	930	15	;	;	PUNCT
ftr-463	930	16	kass	kass	PROPN
ftr-463	930	17	v.	v.	PROPN
ftr-463	930	18	commissioner	commissioner	PROPN
ftr-463	930	19	,	,	PUNCT
ftr-463	930	20	60	60	NUM
ftr-463	930	21	t.c	t.c	PROPN
ftr-463	930	22	.	.	PROPN
ftr-463	930	23	218	218	NUM
ftr-463	930	24	(	(	PUNCT
ftr-463	930	25	1973	1973	NUM
ftr-463	930	26	)	)	PUNCT
ftr-463	930	27	,	,	PUNCT
ftr-463	930	28	aff'd	aff'd	VERB
ftr-463	930	29	without	without	ADP
ftr-463	930	30	published	publish	VERB
ftr-463	930	31	opinion	opinion	NOUN
ftr-463	930	32	,	,	PUNCT
ftr-463	930	33	491	491	NUM
ftr-463	930	34	f.2d	f.2d	SYM
ftr-463	930	35	749	749	NUM
ftr-463	930	36	(	(	PUNCT
ftr-463	930	37	3d	3d	NUM
ftr-463	930	38	cir	cir	NOUN
ftr-463	930	39	.	.	PROPN
ftr-463	930	40	1974	1974	NUM
ftr-463	930	41	)	)	PUNCT
ftr-463	930	42	.	.	PUNCT
ftr-463	931	1	however	however	ADV
ftr-463	931	2	,	,	PUNCT
ftr-463	931	3	when	when	SCONJ
ftr-463	931	4	push	push	NOUN
ftr-463	931	5	has	have	AUX
ftr-463	931	6	come	come	VERB
ftr-463	931	7	to	to	PART
ftr-463	931	8	shove	shove	VERB
ftr-463	931	9	,	,	PUNCT
ftr-463	931	10	and	and	CCONJ
ftr-463	931	11	the	the	DET
ftr-463	931	12	issue	issue	NOUN
ftr-463	931	13	is	be	AUX
ftr-463	931	14	squarely	squarely	ADV
ftr-463	931	15	presented	present	VERB
ftr-463	931	16	,	,	PUNCT
ftr-463	931	17	the	the	DET
ftr-463	931	18	second	second	ADJ
ftr-463	931	19	analysis	analysis	NOUN
ftr-463	931	20	has	have	AUX
ftr-463	931	21	been	be	AUX
ftr-463	931	22	adopted	adopt	VERB
ftr-463	931	23	(	(	PUNCT
ftr-463	931	24	albeit	albeit	SCONJ
ftr-463	931	25	not	not	PART
ftr-463	931	26	expressly	expressly	ADV
ftr-463	931	27	)	)	PUNCT
ftr-463	931	28	.	.	PUNCT
ftr-463	932	1	see	see	VERB
ftr-463	932	2	king	king	NOUN
ftr-463	932	3	enterprises	enterprise	NOUN
ftr-463	932	4	v.	v.	ADP
ftr-463	932	5	united	united	PROPN
ftr-463	932	6	states	states	PROPN
ftr-463	932	7	,	,	PUNCT
ftr-463	932	8	418	418	NUM
ftr-463	932	9	f.2d	f.2d	ADP
ftr-463	932	10	511	511	NUM
ftr-463	932	11	(	(	PUNCT
ftr-463	932	12	ct	ct	PROPN
ftr-463	932	13	.	.	PUNCT
ftr-463	932	14	cl	cl	NOUN
ftr-463	932	15	.	.	PROPN
ftr-463	932	16	1969	1969	NUM
ftr-463	932	17	)	)	PUNCT
ftr-463	932	18	.	.	PUNCT
ftr-463	933	1	143	143	NUM
ftr-463	933	2	.	.	PUNCT
ftr-463	934	1	60	60	NUM
ftr-463	934	2	t.c	t.c	PROPN
ftr-463	934	3	.	.	PROPN
ftr-463	934	4	218	218	NUM
ftr-463	934	5	(	(	PUNCT
ftr-463	934	6	1973	1973	NUM
ftr-463	934	7	)	)	PUNCT
ftr-463	934	8	,	,	PUNCT
ftr-463	934	9	aff'd	aff'd	VERB
ftr-463	934	10	without	without	ADP
ftr-463	934	11	opinion	opinion	NOUN
ftr-463	934	12	,	,	PUNCT
ftr-463	934	13	491	491	NUM
ftr-463	934	14	f.2d	f.2d	SYM
ftr-463	934	15	749	749	NUM
ftr-463	934	16	(	(	PUNCT
ftr-463	934	17	3d	3d	NUM
ftr-463	934	18	cir	cir	NOUN
ftr-463	934	19	.	.	PROPN
ftr-463	934	20	1974	1974	NUM
ftr-463	934	21	)	)	PUNCT
ftr-463	934	22	.	.	PUNCT
ftr-463	935	1	see	see	VERB
ftr-463	935	2	also	also	ADV
ftr-463	935	3	russell	russell	PROPN
ftr-463	935	4	v.	v.	PROPN
ftr-463	935	5	commissioner	commissioner	PROPN
ftr-463	935	6	,	,	PUNCT
ftr-463	935	7	832	832	NUM
ftr-463	935	8	f.2d	f.2d	SYM
ftr-463	935	9	349	349	NUM
ftr-463	935	10	(	(	PUNCT
ftr-463	935	11	6th	6th	ADJ
ftr-463	935	12	cir	cir	NOUN
ftr-463	935	13	.	.	PUNCT
ftr-463	935	14	1987	1987	NUM
ftr-463	935	15	)	)	PUNCT
ftr-463	935	16	.	.	PUNCT
ftr-463	936	1	144	144	NUM
ftr-463	936	2	.	.	PUNCT
ftr-463	937	1	in	in	ADP
ftr-463	937	2	kass	kass	PROPN
ftr-463	937	3	,	,	PUNCT
ftr-463	937	4	the	the	DET
ftr-463	937	5	acquiror	acquiror	NOUN
ftr-463	937	6	first	first	ADV
ftr-463	937	7	purchased	purchase	VERB
ftr-463	937	8	more	more	ADJ
ftr-463	937	9	than	than	ADP
ftr-463	937	10	80	80	NUM
ftr-463	937	11	%	%	NOUN
ftr-463	937	12	of	of	ADP
ftr-463	937	13	the	the	DET
ftr-463	937	14	target	target	NOUN
ftr-463	937	15	's	's	PART
ftr-463	937	16	stock	stock	NOUN
ftr-463	937	17	for	for	ADP
ftr-463	937	18	cash	cash	NOUN
ftr-463	937	19	and	and	CCONJ
ftr-463	937	20	then	then	ADV
ftr-463	937	21	merged	merge	VERB
ftr-463	937	22	the	the	DET
ftr-463	937	23	target	target	NOUN
ftr-463	937	24	upstream	upstream	NOUN
ftr-463	937	25	into	into	ADP
ftr-463	937	26	the	the	DET
ftr-463	937	27	acquiror	acquiror	NOUN
ftr-463	937	28	,	,	PUNCT
ftr-463	937	29	with	with	ADP
ftr-463	937	30	minority	minority	NOUN
ftr-463	937	31	shareholders	shareholder	NOUN
ftr-463	937	32	who	who	PRON
ftr-463	937	33	had	have	AUX
ftr-463	937	34	retained	retain	VERB
ftr-463	937	35	their	their	PRON
ftr-463	937	36	target	target	NOUN
ftr-463	937	37	stock	stock	NOUN
ftr-463	937	38	(	(	PUNCT
ftr-463	937	39	including	include	VERB
ftr-463	937	40	the	the	DET
ftr-463	937	41	taxpayer	taxpayer	NOUN
ftr-463	937	42	)	)	PUNCT
ftr-463	937	43	receiving	receive	VERB
ftr-463	937	44	acquiror	acquiror	NOUN
ftr-463	937	45	stock	stock	NOUN
ftr-463	937	46	in	in	ADP
ftr-463	937	47	exchange	exchange	NOUN
ftr-463	937	48	for	for	ADP
ftr-463	937	49	their	their	PRON
ftr-463	937	50	former	former	ADJ
ftr-463	937	51	target	target	NOUN
ftr-463	937	52	stock	stock	NOUN
ftr-463	937	53	.	.	PUNCT
ftr-463	938	1	the	the	DET
ftr-463	938	2	court	court	NOUN
ftr-463	938	3	held	hold	VERB
ftr-463	938	4	that	that	SCONJ
ftr-463	938	5	because	because	SCONJ
ftr-463	938	6	the	the	DET
ftr-463	938	7	acquiror	acquiror	NOUN
ftr-463	938	8	had	have	AUX
ftr-463	938	9	purchased	purchase	VERB
ftr-463	938	10	the	the	DET
ftr-463	938	11	target	target	NOUN
ftr-463	938	12	's	's	PART
ftr-463	938	13	stock	stock	NOUN
ftr-463	938	14	as	as	ADP
ftr-463	938	15	part	part	NOUN
ftr-463	938	16	of	of	ADP
ftr-463	938	17	a	a	DET
ftr-463	938	18	plan	plan	NOUN
ftr-463	938	19	to	to	PART
ftr-463	938	20	absorb	absorb	VERB
ftr-463	938	21	the	the	DET
ftr-463	938	22	target	target	NOUN
ftr-463	938	23	by	by	ADP
ftr-463	938	24	merger	merger	NOUN
ftr-463	938	25	,	,	PUNCT
ftr-463	938	26	the	the	DET
ftr-463	938	27	acquiror	acquiror	NOUN
ftr-463	938	28	could	could	AUX
ftr-463	938	29	not	not	PART
ftr-463	938	30	be	be	AUX
ftr-463	938	31	treated	treat	VERB
ftr-463	938	32	as	as	ADP
ftr-463	938	33	one	one	NUM
ftr-463	938	34	of	of	ADP
ftr-463	938	35	the	the	DET
ftr-463	938	36	target	target	NOUN
ftr-463	938	37	's	's	PART
ftr-463	938	38	historic	historic	ADJ
ftr-463	938	39	shareholders	shareholder	NOUN
ftr-463	938	40	for	for	ADP
ftr-463	938	41	continuity	continuity	NOUN
ftr-463	938	42	purposes	purpose	NOUN
ftr-463	938	43	.	.	PUNCT
ftr-463	939	1	accordingly	accordingly	ADV
ftr-463	939	2	,	,	PUNCT
ftr-463	939	3	the	the	DET
ftr-463	939	4	merger	merger	NOUN
ftr-463	939	5	failed	fail	VERB
ftr-463	939	6	to	to	PART
ftr-463	939	7	qualify	qualify	VERB
ftr-463	939	8	as	as	ADP
ftr-463	939	9	a	a	DET
ftr-463	939	10	reorganization	reorganization	NOUN
ftr-463	939	11	,	,	PUNCT
ftr-463	939	12	and	and	CCONJ
ftr-463	939	13	the	the	DET
ftr-463	939	14	target	target	NOUN
ftr-463	939	15	's	's	PART
ftr-463	939	16	minority	minority	NOUN
ftr-463	939	17	shareholders	shareholder	NOUN
ftr-463	939	18	recognized	recognize	VERB
ftr-463	939	19	gain	gain	NOUN
ftr-463	939	20	or	or	CCONJ
ftr-463	939	21	loss	loss	NOUN
ftr-463	939	22	on	on	ADP
ftr-463	939	23	their	their	PRON
ftr-463	939	24	exchange	exchange	NOUN
ftr-463	939	25	of	of	ADP
ftr-463	939	26	target	target	NOUN
ftr-463	939	27	stock	stock	NOUN
ftr-463	939	28	for	for	ADP
ftr-463	939	29	acquiror	acquiror	NOUN
ftr-463	939	30	stock	stock	NOUN
ftr-463	939	31	.	.	PUNCT
ftr-463	940	1	the	the	DET
ftr-463	940	2	kass	kass	PROPN
ftr-463	940	3	transaction	transaction	NOUN
ftr-463	940	4	arose	arise	VERB
ftr-463	940	5	after	after	ADP
ftr-463	940	6	the	the	DET
ftr-463	940	7	enactment	enactment	NOUN
ftr-463	940	8	of	of	ADP
ftr-463	940	9	§	§	PROPN
ftr-463	940	10	334(b)(2	334(b)(2	NUM
ftr-463	940	11	)	)	PUNCT
ftr-463	940	12	of	of	ADP
ftr-463	940	13	the	the	DET
ftr-463	940	14	1954	1954	NUM
ftr-463	940	15	code	code	NOUN
ftr-463	940	16	,	,	PUNCT
ftr-463	940	17	but	but	CCONJ
ftr-463	940	18	it	it	PRON
ftr-463	940	19	appears	appear	VERB
ftr-463	940	20	that	that	SCONJ
ftr-463	940	21	the	the	DET
ftr-463	940	22	court	court	NOUN
ftr-463	940	23	's	's	PART
ftr-463	940	24	conclusions	conclusion	NOUN
ftr-463	940	25	are	be	AUX
ftr-463	940	26	applicable	applicable	ADJ
ftr-463	940	27	to	to	ADP
ftr-463	940	28	transactions	transaction	NOUN
ftr-463	940	29	before	before	ADP
ftr-463	940	30	1954	1954	NUM
ftr-463	940	31	.	.	PUNCT
ftr-463	941	1	the	the	DET
ftr-463	941	2	status	status	NOUN
ftr-463	941	3	of	of	ADP
ftr-463	941	4	kass	kass	PROPN
ftr-463	941	5	after	after	SCONJ
ftr-463	941	6	the	the	DET
ftr-463	941	7	enactment	enactment	NOUN
ftr-463	941	8	of	of	ADP
ftr-463	941	9	§	§	PROPN
ftr-463	941	10	338	338	NUM
ftr-463	941	11	is	be	AUX
ftr-463	941	12	discussed	discuss	VERB
ftr-463	941	13	below	below	ADP
ftr-463	941	14	in	in	ADP
ftr-463	941	15	part	part	NOUN
ftr-463	941	16	iv.b	iv.b	NOUN
ftr-463	941	17	.	.	PUNCT
ftr-463	942	1	[	[	X
ftr-463	942	2	vol	vol	NOUN
ftr-463	942	3	.	.	PUNCT
ftr-463	942	4	3:5	3:5	NUM
ftr-463	942	5	1996	1996	NUM
ftr-463	942	6	]	]	PUNCT
ftr-463	942	7	devolution	devolution	NOUN
ftr-463	942	8	&	&	CCONJ
ftr-463	942	9	inevitable	inevitable	ADJ
ftr-463	942	10	ertinction	ertinction	NOUN
ftr-463	942	11	of	of	ADP
ftr-463	942	12	the	the	DET
ftr-463	942	13	continuity	continuity	NOUN
ftr-463	942	14	of	of	ADP
ftr-463	942	15	interest	interest	NOUN
ftr-463	942	16	doctrine	doctrine	NOUN
ftr-463	942	17	227	227	NUM
ftr-463	942	18	acquisition	acquisition	NOUN
ftr-463	942	19	to	to	ADP
ftr-463	942	20	the	the	DET
ftr-463	942	21	combined	combine	VERB
ftr-463	942	22	corporation	corporation	NOUN
ftr-463	942	23	's	's	PART
ftr-463	942	24	shareholders	shareholder	NOUN
ftr-463	942	25	afterwards	afterwards	ADV
ftr-463	942	26	.	.	PUNCT
ftr-463	943	1	under	under	ADP
ftr-463	943	2	this	this	DET
ftr-463	943	3	view	view	NOUN
ftr-463	943	4	,	,	PUNCT
ftr-463	943	5	if	if	SCONJ
ftr-463	943	6	a	a	DET
ftr-463	943	7	sufficient	sufficient	ADJ
ftr-463	943	8	number	number	NOUN
ftr-463	943	9	of	of	ADP
ftr-463	943	10	target	target	NOUN
ftr-463	943	11	shareholders	shareholder	NOUN
ftr-463	943	12	sell	sell	VERB
ftr-463	943	13	their	their	PRON
ftr-463	943	14	stock	stock	NOUN
ftr-463	943	15	in	in	ADP
ftr-463	943	16	the	the	DET
ftr-463	943	17	dawn	dawn	NOUN
ftr-463	943	18	before	before	ADP
ftr-463	943	19	an	an	DET
ftr-463	943	20	acquisition	acquisition	NOUN
ftr-463	943	21	,	,	PUNCT
ftr-463	943	22	the	the	DET
ftr-463	943	23	continuity	continuity	NOUN
ftr-463	943	24	fiber	fiber	NOUN
ftr-463	943	25	could	could	AUX
ftr-463	943	26	snap	snap	VERB
ftr-463	943	27	.	.	PUNCT
ftr-463	944	1	the	the	DET
ftr-463	944	2	nightmarish	nightmarish	ADJ
ftr-463	944	3	consequences	consequence	NOUN
ftr-463	944	4	of	of	ADP
ftr-463	944	5	such	such	DET
ftr-463	944	6	a	a	DET
ftr-463	944	7	rule	rule	NOUN
ftr-463	944	8	,	,	PUNCT
ftr-463	944	9	if	if	SCONJ
ftr-463	944	10	applied	apply	VERB
ftr-463	944	11	rigorously	rigorously	ADV
ftr-463	944	12	to	to	ADP
ftr-463	944	13	a	a	DET
ftr-463	944	14	publicly	publicly	ADV
ftr-463	944	15	held	hold	VERB
ftr-463	944	16	target	target	NOUN
ftr-463	944	17	,	,	PUNCT
ftr-463	944	18	would	would	AUX
ftr-463	944	19	be	be	AUX
ftr-463	944	20	that	that	SCONJ
ftr-463	944	21	even	even	ADV
ftr-463	944	22	unsuspecting	unsuspecting	ADJ
ftr-463	944	23	target	target	NOUN
ftr-463	944	24	shareholders	shareholder	NOUN
ftr-463	944	25	could	could	AUX
ftr-463	944	26	blow	blow	VERB
ftr-463	944	27	a	a	DET
ftr-463	944	28	reorganization	reorganization	NOUN
ftr-463	944	29	(	(	PUNCT
ftr-463	944	30	for	for	ADP
ftr-463	944	31	all	all	DET
ftr-463	944	32	parties	party	NOUN
ftr-463	944	33	)	)	PUNCT
ftr-463	944	34	by	by	ADP
ftr-463	944	35	selling	sell	VERB
ftr-463	944	36	too	too	ADV
ftr-463	944	37	many	many	ADJ
ftr-463	944	38	of	of	ADP
ftr-463	944	39	their	their	PRON
ftr-463	944	40	shares	share	NOUN
ftr-463	944	41	during	during	ADP
ftr-463	944	42	the	the	DET
ftr-463	944	43	prelude	prelude	NOUN
ftr-463	944	44	to	to	ADP
ftr-463	944	45	a	a	DET
ftr-463	944	46	proposed	propose	VERB
ftr-463	944	47	acquisition	acquisition	NOUN
ftr-463	944	48	,	,	PUNCT
ftr-463	944	49	regardless	regardless	ADV
ftr-463	944	50	of	of	ADP
ftr-463	944	51	whether	whether	SCONJ
ftr-463	944	52	the	the	DET
ftr-463	944	53	other	other	ADJ
ftr-463	944	54	parties	party	NOUN
ftr-463	944	55	to	to	ADP
ftr-463	944	56	the	the	DET
ftr-463	944	57	transaction	transaction	NOUN
ftr-463	944	58	assisted	assist	VERB
ftr-463	944	59	or	or	CCONJ
ftr-463	944	60	were	be	AUX
ftr-463	944	61	even	even	ADV
ftr-463	944	62	aware	aware	ADJ
ftr-463	944	63	of	of	ADP
ftr-463	944	64	the	the	DET
ftr-463	944	65	sales	sale	NOUN
ftr-463	944	66	.	.	PUNCT
ftr-463	945	1	these	these	DET
ftr-463	945	2	fears	fear	NOUN
ftr-463	945	3	are	be	AUX
ftr-463	945	4	fanned	fan	VERB
ftr-463	945	5	by	by	ADP
ftr-463	945	6	revenue	revenue	NOUN
ftr-463	945	7	procedure	procedure	NOUN
ftr-463	945	8	77	77	NUM
ftr-463	945	9	-	-	SYM
ftr-463	945	10	37,4	37,4	PROPN
ftr-463	945	11	which	which	PRON
ftr-463	945	12	states	state	VERB
ftr-463	945	13	the	the	DET
ftr-463	945	14	conditions	condition	NOUN
ftr-463	945	15	for	for	ADP
ftr-463	945	16	private	private	ADJ
ftr-463	945	17	letter	letter	NOUN
ftr-463	945	18	rulings	ruling	NOUN
ftr-463	945	19	confirming	confirm	VERB
ftr-463	945	20	the	the	DET
ftr-463	945	21	tax	tax	NOUN
ftr-463	945	22	-	-	PUNCT
ftr-463	945	23	free	free	ADJ
ftr-463	945	24	status	status	NOUN
ftr-463	945	25	of	of	ADP
ftr-463	945	26	acquisitions	acquisition	NOUN
ftr-463	945	27	.	.	PUNCT
ftr-463	946	1	it	it	PRON
ftr-463	946	2	requires	require	VERB
ftr-463	946	3	a	a	DET
ftr-463	946	4	representation	representation	NOUN
ftr-463	946	5	that	that	SCONJ
ftr-463	946	6	the	the	DET
ftr-463	946	7	target	target	NOUN
ftr-463	946	8	's	's	PART
ftr-463	946	9	1	1	NUM
ftr-463	946	10	%	%	NOUN
ftr-463	946	11	shareholders	shareholder	NOUN
ftr-463	946	12	(	(	PUNCT
ftr-463	946	13	5	5	NUM
ftr-463	946	14	%	%	NOUN
ftr-463	946	15	shareholders	shareholder	NOUN
ftr-463	946	16	for	for	ADP
ftr-463	946	17	public	public	ADJ
ftr-463	946	18	targets	target	NOUN
ftr-463	946	19	)	)	PUNCT
ftr-463	946	20	intend	intend	VERB
ftr-463	946	21	to	to	PART
ftr-463	946	22	retain	retain	VERB
ftr-463	946	23	acquiror	acquiror	NOUN
ftr-463	946	24	stock	stock	NOUN
ftr-463	946	25	representing	represent	VERB
ftr-463	946	26	at	at	ADP
ftr-463	946	27	least	least	ADV
ftr-463	946	28	50	50	NUM
ftr-463	946	29	%	%	NOUN
ftr-463	946	30	of	of	ADP
ftr-463	946	31	the	the	DET
ftr-463	946	32	value	value	NOUN
ftr-463	946	33	of	of	ADP
ftr-463	946	34	the	the	DET
ftr-463	946	35	target	target	NOUN
ftr-463	946	36	's	's	PART
ftr-463	946	37	outstanding	outstanding	ADJ
ftr-463	946	38	stock	stock	NOUN
ftr-463	946	39	immediately	immediately	ADV
ftr-463	946	40	before	before	ADP
ftr-463	946	41	the	the	DET
ftr-463	946	42	transaction	transaction	NOUN
ftr-463	946	43	and	and	CCONJ
ftr-463	946	44	a	a	DET
ftr-463	946	45	representation	representation	NOUN
ftr-463	946	46	that	that	SCONJ
ftr-463	946	47	the	the	DET
ftr-463	946	48	target	target	NOUN
ftr-463	946	49	's	's	PART
ftr-463	946	50	management	management	NOUN
ftr-463	946	51	has	have	AUX
ftr-463	946	52	no	no	DET
ftr-463	946	53	contrary	contrary	ADJ
ftr-463	946	54	knowledge	knowledge	NOUN
ftr-463	946	55	with	with	ADP
ftr-463	946	56	respect	respect	NOUN
ftr-463	946	57	to	to	ADP
ftr-463	946	58	the	the	DET
ftr-463	946	59	rest	rest	NOUN
ftr-463	946	60	of	of	ADP
ftr-463	946	61	the	the	DET
ftr-463	946	62	shares	share	NOUN
ftr-463	946	63	.	.	PUNCT
ftr-463	947	1	target	target	NOUN
ftr-463	947	2	stock	stock	NOUN
ftr-463	947	3	sold	sell	VERB
ftr-463	947	4	,	,	PUNCT
ftr-463	947	5	redeemed	redeem	VERB
ftr-463	947	6	,	,	PUNCT
ftr-463	947	7	or	or	CCONJ
ftr-463	947	8	otherwise	otherwise	ADV
ftr-463	947	9	disposed	dispose	VERB
ftr-463	947	10	of	of	ADP
ftr-463	947	11	"	"	PUNCT
ftr-463	947	12	prior	prior	ADV
ftr-463	947	13	to	to	ADP
ftr-463	947	14	"	"	PUNCT
ftr-463	947	15	the	the	DET
ftr-463	947	16	transaction	transaction	NOUN
ftr-463	947	17	is	be	AUX
ftr-463	947	18	taken	take	VERB
ftr-463	947	19	into	into	ADP
ftr-463	947	20	account	account	NOUN
ftr-463	947	21	in	in	ADP
ftr-463	947	22	applying	apply	VERB
ftr-463	947	23	the	the	DET
ftr-463	947	24	50	50	NUM
ftr-463	947	25	%	%	NOUN
ftr-463	947	26	test	test	NOUN
ftr-463	947	27	.	.	PUNCT
ftr-463	948	1	thus	thus	ADV
ftr-463	948	2	,	,	PUNCT
ftr-463	948	3	revenue	revenue	NOUN
ftr-463	948	4	procedure	procedure	NOUN
ftr-463	948	5	77	77	NUM
ftr-463	948	6	-	-	SYM
ftr-463	948	7	37	37	NUM
ftr-463	948	8	suggests	suggest	VERB
ftr-463	948	9	that	that	SCONJ
ftr-463	948	10	the	the	DET
ftr-463	948	11	service	service	NOUN
ftr-463	948	12	might	might	AUX
ftr-463	948	13	view	view	VERB
ftr-463	948	14	continuity	continuity	NOUN
ftr-463	948	15	as	as	SCONJ
ftr-463	948	16	threatened	threaten	VERB
ftr-463	948	17	even	even	ADV
ftr-463	948	18	in	in	ADP
ftr-463	948	19	the	the	DET
ftr-463	948	20	absence	absence	NOUN
ftr-463	948	21	of	of	ADP
ftr-463	948	22	directed	direct	VERB
ftr-463	948	23	efforts	effort	NOUN
ftr-463	948	24	by	by	ADP
ftr-463	948	25	the	the	DET
ftr-463	948	26	acquiror	acquiror	NOUN
ftr-463	948	27	to	to	PART
ftr-463	948	28	purchase	purchase	VERB
ftr-463	948	29	target	target	NOUN
ftr-463	948	30	's	's	PART
ftr-463	948	31	stock	stock	NOUN
ftr-463	948	32	for	for	ADP
ftr-463	948	33	cash	cash	NOUN
ftr-463	948	34	.	.	PUNCT
ftr-463	949	1	anxiety	anxiety	NOUN
ftr-463	949	2	is	be	AUX
ftr-463	949	3	heightened	heighten	VERB
ftr-463	949	4	by	by	ADP
ftr-463	949	5	an	an	DET
ftr-463	949	6	example	example	NOUN
ftr-463	949	7	in	in	ADP
ftr-463	949	8	regulations	regulation	NOUN
ftr-463	949	9	under	under	ADP
ftr-463	949	10	section	section	NOUN
ftr-463	949	11	355	355	NUM
ftr-463	949	12	that	that	PRON
ftr-463	949	13	finds	find	VERB
ftr-463	949	14	continuity	continuity	NOUN
ftr-463	949	15	to	to	PART
ftr-463	949	16	be	be	AUX
ftr-463	949	17	lacking	lack	VERB
ftr-463	949	18	where	where	SCONJ
ftr-463	949	19	,	,	PUNCT
ftr-463	949	20	pursuant	pursuant	ADJ
ftr-463	949	21	to	to	ADP
ftr-463	949	22	a	a	DET
ftr-463	949	23	plan	plan	NOUN
ftr-463	949	24	,	,	PUNCT
ftr-463	949	25	a	a	DET
ftr-463	949	26	50	50	NUM
ftr-463	949	27	%	%	NOUN
ftr-463	949	28	shareholder	shareholder	NOUN
ftr-463	949	29	of	of	ADP
ftr-463	949	30	a	a	DET
ftr-463	949	31	distributing	distribute	VERB
ftr-463	949	32	company	company	NOUN
ftr-463	949	33	sells	sell	VERB
ftr-463	949	34	its	its	PRON
ftr-463	949	35	stock	stock	NOUN
ftr-463	949	36	and	and	CCONJ
ftr-463	949	37	the	the	DET
ftr-463	949	38	company	company	NOUN
ftr-463	949	39	then	then	ADV
ftr-463	949	40	splits	split	VERB
ftr-463	949	41	-	-	PUNCT
ftr-463	949	42	off	off	ADP
ftr-463	949	43	its	its	PRON
ftr-463	949	44	subsidiary	subsidiary	NOUN
ftr-463	949	45	to	to	ADP
ftr-463	949	46	the	the	DET
ftr-463	949	47	other	other	ADJ
ftr-463	949	48	50	50	NUM
ftr-463	949	49	%	%	NOUN
ftr-463	949	50	"	"	PUNCT
ftr-463	949	51	historic	historic	ADJ
ftr-463	949	52	"	"	PUNCT
ftr-463	949	53	shareholder	shareholder	NOUN
ftr-463	949	54	.	.	PUNCT
ftr-463	949	55	"	"	PUNCT
ftr-463	949	56	'	'	PUNCT
ftr-463	949	57	the	the	DET
ftr-463	949	58	example	example	NOUN
ftr-463	949	59	concludes	conclude	VERB
ftr-463	949	60	that	that	SCONJ
ftr-463	949	61	continuity	continuity	NOUN
ftr-463	949	62	is	be	AUX
ftr-463	949	63	lacking	lack	VERB
ftr-463	949	64	because	because	SCONJ
ftr-463	949	65	the	the	DET
ftr-463	949	66	distributing	distribute	VERB
ftr-463	949	67	corporation	corporation	NOUN
ftr-463	949	68	's	's	PART
ftr-463	949	69	historic	historic	ADJ
ftr-463	949	70	shareholders	shareholder	NOUN
ftr-463	949	71	retain	retain	VERB
ftr-463	949	72	none	none	NOUN
ftr-463	949	73	of	of	ADP
ftr-463	949	74	its	its	PRON
ftr-463	949	75	stock	stock	NOUN
ftr-463	949	76	(	(	PUNCT
ftr-463	949	77	one	one	NUM
ftr-463	949	78	selling	sell	VERB
ftr-463	949	79	out	out	ADP
ftr-463	949	80	before	before	ADP
ftr-463	949	81	the	the	DET
ftr-463	949	82	split	split	NOUN
ftr-463	949	83	-	-	PUNCT
ftr-463	949	84	off	off	NOUN
ftr-463	949	85	and	and	CCONJ
ftr-463	949	86	the	the	DET
ftr-463	949	87	other	other	ADJ
ftr-463	949	88	exchanging	exchange	VERB
ftr-463	949	89	distributing	distribute	VERB
ftr-463	949	90	corporation	corporation	NOUN
ftr-463	949	91	stock	stock	NOUN
ftr-463	949	92	for	for	ADP
ftr-463	949	93	stock	stock	NOUN
ftr-463	949	94	of	of	ADP
ftr-463	949	95	the	the	DET
ftr-463	949	96	controlled	control	VERB
ftr-463	949	97	subsidiary	subsidiary	NOUN
ftr-463	949	98	)	)	PUNCT
ftr-463	949	99	.	.	PUNCT
ftr-463	950	1	the	the	DET
ftr-463	950	2	example	example	NOUN
ftr-463	950	3	appears	appear	VERB
ftr-463	950	4	to	to	PART
ftr-463	950	5	confirm	confirm	VERB
ftr-463	950	6	that	that	DET
ftr-463	950	7	preacquisition	preacquisition	NOUN
ftr-463	950	8	conduct	conduct	NOUN
ftr-463	950	9	of	of	ADP
ftr-463	950	10	the	the	DET
ftr-463	950	11	target	target	NOUN
ftr-463	950	12	's	's	PART
ftr-463	950	13	shareholders	shareholder	NOUN
ftr-463	950	14	is	be	AUX
ftr-463	950	15	relevant	relevant	ADJ
ftr-463	950	16	to	to	ADP
ftr-463	950	17	continuity	continuity	NOUN
ftr-463	950	18	analysis	analysis	NOUN
ftr-463	950	19	.	.	PUNCT
ftr-463	951	1	indeed	indeed	ADV
ftr-463	951	2	,	,	PUNCT
ftr-463	951	3	it	it	PRON
ftr-463	951	4	does	do	AUX
ftr-463	951	5	not	not	PART
ftr-463	951	6	take	take	VERB
ftr-463	951	7	a	a	DET
ftr-463	951	8	particularly	particularly	ADV
ftr-463	951	9	vivid	vivid	ADJ
ftr-463	951	10	imagination	imagination	NOUN
ftr-463	951	11	to	to	PART
ftr-463	951	12	portend	portend	VERB
ftr-463	951	13	from	from	ADP
ftr-463	951	14	these	these	DET
ftr-463	951	15	authorities	authority	NOUN
ftr-463	951	16	a	a	DET
ftr-463	951	17	grand	grand	ADJ
ftr-463	951	18	scheme	scheme	NOUN
ftr-463	951	19	of	of	ADP
ftr-463	951	20	continuity	continuity	NOUN
ftr-463	951	21	reflecting	reflect	VERB
ftr-463	951	22	a	a	DET
ftr-463	951	23	triple	triple	ADJ
ftr-463	951	24	expansion	expansion	NOUN
ftr-463	951	25	of	of	ADP
ftr-463	951	26	the	the	DET
ftr-463	951	27	post	post	ADJ
ftr-463	951	28	-	-	ADJ
ftr-463	951	29	acquisition	acquisition	ADJ
ftr-463	951	30	shareholder	shareholder	NOUN
ftr-463	951	31	conduct	conduct	NOUN
ftr-463	951	32	cases	case	NOUN
ftr-463	951	33	.	.	PUNCT
ftr-463	952	1	first	first	ADV
ftr-463	952	2	,	,	PUNCT
ftr-463	952	3	heintz	heintz	PROPN
ftr-463	952	4	and	and	CCONJ
ftr-463	952	5	mcdonald	mcdonald	PROPN
ftr-463	952	6	's	's	PART
ftr-463	952	7	would	would	AUX
ftr-463	952	8	apply	apply	VERB
ftr-463	952	9	regardless	regardless	ADV
ftr-463	952	10	of	of	ADP
ftr-463	952	11	whether	whether	SCONJ
ftr-463	952	12	other	other	ADJ
ftr-463	952	13	parties	party	NOUN
ftr-463	952	14	to	to	ADP
ftr-463	952	15	the	the	DET
ftr-463	952	16	transaction	transaction	NOUN
ftr-463	952	17	actively	actively	ADV
ftr-463	952	18	assist	assist	VERB
ftr-463	952	19	the	the	DET
ftr-463	952	20	target	target	NOUN
ftr-463	952	21	shareholders	shareholder	NOUN
ftr-463	952	22	'	'	PART
ftr-463	952	23	sales	sale	NOUN
ftr-463	952	24	;	;	PUNCT
ftr-463	952	25	second	second	X
ftr-463	952	26	,	,	PUNCT
ftr-463	952	27	heintz	heintz	PROPN
ftr-463	952	28	and	and	CCONJ
ftr-463	952	29	mcdonald	mcdonald	PROPN
ftr-463	952	30	's	's	PART
ftr-463	952	31	would	would	AUX
ftr-463	952	32	apply	apply	VERB
ftr-463	952	33	to	to	ADP
ftr-463	952	34	the	the	DET
ftr-463	952	35	sale	sale	NOUN
ftr-463	952	36	of	of	ADP
ftr-463	952	37	target	target	NOUN
ftr-463	952	38	stock	stock	NOUN
ftr-463	952	39	prior	prior	ADV
ftr-463	952	40	to	to	ADP
ftr-463	952	41	the	the	DET
ftr-463	952	42	acquisition	acquisition	NOUN
ftr-463	952	43	;	;	PUNCT
ftr-463	952	44	and	and	CCONJ
ftr-463	952	45	third	third	ADV
ftr-463	952	46	,	,	PUNCT
ftr-463	952	47	these	these	DET
ftr-463	952	48	cases	case	NOUN
ftr-463	952	49	could	could	AUX
ftr-463	952	50	be	be	AUX
ftr-463	952	51	asserted	assert	VERB
ftr-463	952	52	by	by	ADP
ftr-463	952	53	the	the	DET
ftr-463	952	54	service	service	NOUN
ftr-463	952	55	,	,	PUNCT
ftr-463	952	56	not	not	PART
ftr-463	952	57	just	just	ADV
ftr-463	952	58	by	by	ADP
ftr-463	952	59	taxpayers	taxpayer	NOUN
ftr-463	952	60	.	.	PUNCT
ftr-463	953	1	under	under	ADP
ftr-463	953	2	this	this	DET
ftr-463	953	3	alternative	alternative	ADJ
ftr-463	953	4	reality	reality	NOUN
ftr-463	953	5	,	,	PUNCT
ftr-463	953	6	the	the	DET
ftr-463	953	7	essence	essence	NOUN
ftr-463	953	8	of	of	ADP
ftr-463	953	9	continuity	continuity	NOUN
ftr-463	953	10	would	would	AUX
ftr-463	953	11	be	be	AUX
ftr-463	953	12	the	the	DET
ftr-463	953	13	relationship	relationship	NOUN
ftr-463	953	14	of	of	ADP
ftr-463	953	15	historic	historic	ADJ
ftr-463	953	16	shareholders	shareholder	NOUN
ftr-463	953	17	to	to	ADP
ftr-463	953	18	each	each	DET
ftr-463	953	19	other	other	ADJ
ftr-463	953	20	,	,	PUNCT
ftr-463	953	21	and	and	CCONJ
ftr-463	953	22	a	a	DET
ftr-463	953	23	substantial	substantial	ADJ
ftr-463	953	24	shift	shift	NOUN
ftr-463	953	25	in	in	ADP
ftr-463	953	26	that	that	DET
ftr-463	953	27	relationship	relationship	NOUN
ftr-463	953	28	would	would	AUX
ftr-463	953	29	affect	affect	VERB
ftr-463	953	30	all	all	DET
ftr-463	953	31	parties	party	NOUN
ftr-463	953	32	.	.	PUNCT
ftr-463	954	1	145	145	NUM
ftr-463	954	2	.	.	X
ftr-463	955	1	1977	1977	NUM
ftr-463	955	2	-	-	SYM
ftr-463	955	3	2	2	NUM
ftr-463	955	4	c.b	c.b	PROPN
ftr-463	955	5	.	.	PROPN
ftr-463	955	6	568	568	NUM
ftr-463	955	7	.	.	PUNCT
ftr-463	955	8	146	146	NUM
ftr-463	955	9	.	.	PUNCT
ftr-463	955	10	regs	regs	PROPN
ftr-463	955	11	.	.	PUNCT
ftr-463	956	1	§	§	PROPN
ftr-463	956	2	1.355	1.355	NUM
ftr-463	956	3	-	-	SYM
ftr-463	956	4	2(c)(2	2(c)(2	NUM
ftr-463	956	5	)	)	PUNCT
ftr-463	956	6	ex	ex	NOUN
ftr-463	956	7	.	.	NOUN
ftr-463	956	8	3	3	X
ftr-463	956	9	.	.	X
ftr-463	956	10	florida	florida	PROPN
ftr-463	956	11	tax	tax	PROPN
ftr-463	956	12	review	review	NOUN
ftr-463	956	13	some	some	PRON
ftr-463	956	14	of	of	ADP
ftr-463	956	15	these	these	DET
ftr-463	956	16	doomsday	doomsday	NOUN
ftr-463	956	17	apprehensions	apprehension	NOUN
ftr-463	956	18	were	be	AUX
ftr-463	956	19	at	at	ADV
ftr-463	956	20	least	least	ADJ
ftr-463	956	21	temporarily	temporarily	ADV
ftr-463	956	22	consoled	console	VERB
ftr-463	956	23	by	by	ADP
ftr-463	956	24	the	the	DET
ftr-463	956	25	tax	tax	NOUN
ftr-463	956	26	court	court	NOUN
ftr-463	956	27	's	's	PART
ftr-463	956	28	recent	recent	ADJ
ftr-463	956	29	opinion	opinion	NOUN
ftr-463	956	30	in	in	ADP
ftr-463	956	31	j.e	j.e	PROPN
ftr-463	956	32	.	.	PROPN
ftr-463	956	33	seagram	seagram	PROPN
ftr-463	956	34	corp	corp	PROPN
ftr-463	956	35	.	.	PROPN
ftr-463	957	1	v.	v.	ADP
ftr-463	957	2	commissioner.147	commissioner.147	PROPN
ftr-463	957	3	in	in	ADP
ftr-463	957	4	seagram	seagram	PROPN
ftr-463	957	5	,	,	PUNCT
ftr-463	957	6	conoco	conoco	PROPN
ftr-463	957	7	,	,	PUNCT
ftr-463	957	8	a	a	DET
ftr-463	957	9	public	public	ADJ
ftr-463	957	10	company	company	NOUN
ftr-463	957	11	,	,	PUNCT
ftr-463	957	12	was	be	AUX
ftr-463	957	13	the	the	DET
ftr-463	957	14	subject	subject	NOUN
ftr-463	957	15	of	of	ADP
ftr-463	957	16	two	two	NUM
ftr-463	957	17	competing	compete	VERB
ftr-463	957	18	tender	tender	NOUN
ftr-463	957	19	offers	offer	NOUN
ftr-463	957	20	by	by	ADP
ftr-463	957	21	seagram	seagram	NOUN
ftr-463	957	22	and	and	CCONJ
ftr-463	957	23	a	a	DET
ftr-463	957	24	dupont	dupont	NOUN
ftr-463	957	25	subsidiary	subsidiary	NOUN
ftr-463	957	26	.	.	PUNCT
ftr-463	958	1	seagram	seagram	PROPN
ftr-463	958	2	,	,	PUNCT
ftr-463	958	3	which	which	PRON
ftr-463	958	4	succeeded	succeed	VERB
ftr-463	958	5	in	in	ADP
ftr-463	958	6	acquiring	acquire	VERB
ftr-463	958	7	only	only	ADV
ftr-463	958	8	32	32	NUM
ftr-463	958	9	%	%	NOUN
ftr-463	958	10	of	of	ADP
ftr-463	958	11	the	the	DET
ftr-463	958	12	target	target	NOUN
ftr-463	958	13	in	in	ADP
ftr-463	958	14	its	its	PRON
ftr-463	958	15	tender	tender	NOUN
ftr-463	958	16	offer	offer	NOUN
ftr-463	958	17	,	,	PUNCT
ftr-463	958	18	conceded	concede	VERB
ftr-463	958	19	defeat	defeat	NOUN
ftr-463	958	20	to	to	ADP
ftr-463	958	21	the	the	DET
ftr-463	958	22	dupont	dupont	NOUN
ftr-463	958	23	subsidiary	subsidiary	NOUN
ftr-463	958	24	,	,	PUNCT
ftr-463	958	25	which	which	PRON
ftr-463	958	26	had	have	AUX
ftr-463	958	27	acquired	acquire	VERB
ftr-463	958	28	46	46	NUM
ftr-463	958	29	%	%	NOUN
ftr-463	958	30	of	of	ADP
ftr-463	958	31	conoco	conoco	PROPN
ftr-463	958	32	's	's	PART
ftr-463	958	33	stock	stock	NOUN
ftr-463	958	34	.	.	PUNCT
ftr-463	959	1	seagram	seagram	PROPN
ftr-463	959	2	,	,	PUNCT
ftr-463	959	3	along	along	ADP
ftr-463	959	4	with	with	ADP
ftr-463	959	5	other	other	ADJ
ftr-463	959	6	target	target	NOUN
ftr-463	959	7	shareholders	shareholder	NOUN
ftr-463	959	8	owning	own	VERB
ftr-463	959	9	in	in	ADP
ftr-463	959	10	the	the	DET
ftr-463	959	11	aggregate	aggregate	NOUN
ftr-463	959	12	some	some	DET
ftr-463	959	13	16	16	NUM
ftr-463	959	14	%	%	NOUN
ftr-463	959	15	of	of	ADP
ftr-463	959	16	the	the	DET
ftr-463	959	17	target	target	NOUN
ftr-463	959	18	,	,	PUNCT
ftr-463	959	19	tendered	tender	VERB
ftr-463	959	20	its	its	PRON
ftr-463	959	21	shares	share	NOUN
ftr-463	959	22	for	for	ADP
ftr-463	959	23	dupont	dupont	NOUN
ftr-463	959	24	stock	stock	NOUN
ftr-463	959	25	that	that	PRON
ftr-463	959	26	was	be	AUX
ftr-463	959	27	worth	worth	ADJ
ftr-463	959	28	substantially	substantially	ADV
ftr-463	959	29	less	less	ADJ
ftr-463	959	30	than	than	ADP
ftr-463	959	31	the	the	DET
ftr-463	959	32	price	price	NOUN
ftr-463	959	33	paid	pay	VERB
ftr-463	959	34	by	by	ADP
ftr-463	959	35	seagram	seagram	PROPN
ftr-463	959	36	in	in	ADP
ftr-463	959	37	its	its	PRON
ftr-463	959	38	tender	tender	NOUN
ftr-463	959	39	offer	offer	NOUN
ftr-463	959	40	.	.	PUNCT
ftr-463	960	1	subsequently	subsequently	ADV
ftr-463	960	2	,	,	PUNCT
ftr-463	960	3	conoco	conoco	PROPN
ftr-463	960	4	was	be	AUX
ftr-463	960	5	merged	merge	VERB
ftr-463	960	6	into	into	ADP
ftr-463	960	7	the	the	DET
ftr-463	960	8	victorious	victorious	ADJ
ftr-463	960	9	dupont	dupont	NOUN
ftr-463	960	10	subsidiary	subsidiary	NOUN
ftr-463	960	11	,	,	PUNCT
ftr-463	960	12	with	with	ADP
ftr-463	960	13	shareholders	shareholder	NOUN
ftr-463	960	14	holding	hold	VERB
ftr-463	960	15	the	the	DET
ftr-463	960	16	remaining	remain	VERB
ftr-463	960	17	6	6	NUM
ftr-463	960	18	%	%	NOUN
ftr-463	960	19	of	of	ADP
ftr-463	960	20	conoco	conoco	PROPN
ftr-463	960	21	's	's	PART
ftr-463	960	22	stock	stock	NOUN
ftr-463	960	23	being	be	AUX
ftr-463	960	24	squeezed	squeeze	VERB
ftr-463	960	25	out	out	ADP
ftr-463	960	26	for	for	ADP
ftr-463	960	27	dupont	dupont	NOUN
ftr-463	960	28	stock	stock	NOUN
ftr-463	960	29	.	.	PUNCT
ftr-463	961	1	it	it	PRON
ftr-463	961	2	was	be	AUX
ftr-463	961	3	not	not	PART
ftr-463	961	4	the	the	DET
ftr-463	961	5	service	service	NOUN
ftr-463	961	6	that	that	PRON
ftr-463	961	7	sought	seek	VERB
ftr-463	961	8	to	to	PART
ftr-463	961	9	realize	realize	VERB
ftr-463	961	10	practitioners	practitioner	NOUN
ftr-463	961	11	'	'	PART
ftr-463	961	12	worst	bad	ADJ
ftr-463	961	13	fears	fear	NOUN
ftr-463	961	14	by	by	ADP
ftr-463	961	15	taxing	tax	VERB
ftr-463	961	16	the	the	DET
ftr-463	961	17	target	target	NOUN
ftr-463	961	18	and	and	CCONJ
ftr-463	961	19	its	its	PRON
ftr-463	961	20	former	former	ADJ
ftr-463	961	21	shareholders	shareholder	NOUN
ftr-463	961	22	.	.	PUNCT
ftr-463	962	1	instead	instead	ADV
ftr-463	962	2	,	,	PUNCT
ftr-463	962	3	it	it	PRON
ftr-463	962	4	was	be	AUX
ftr-463	962	5	seagram	seagram	NOUN
ftr-463	962	6	,	,	PUNCT
ftr-463	962	7	the	the	DET
ftr-463	962	8	defeated	defeated	ADJ
ftr-463	962	9	bidder	bidder	NOUN
ftr-463	962	10	,	,	PUNCT
ftr-463	962	11	that	that	PRON
ftr-463	962	12	shot	shoot	VERB
ftr-463	962	13	a	a	DET
ftr-463	962	14	newly	newly	ADV
ftr-463	962	15	whittled	whittle	VERB
ftr-463	962	16	continuity	continuity	NOUN
ftr-463	962	17	arrow	arrow	NOUN
ftr-463	962	18	with	with	ADP
ftr-463	962	19	hopes	hope	NOUN
ftr-463	962	20	of	of	ADP
ftr-463	962	21	killing	kill	VERB
ftr-463	962	22	the	the	DET
ftr-463	962	23	reorganization	reorganization	NOUN
ftr-463	962	24	.	.	PUNCT
ftr-463	963	1	seagram	seagram	PROPN
ftr-463	963	2	had	have	AUX
ftr-463	963	3	paid	pay	VERB
ftr-463	963	4	dearly	dearly	ADV
ftr-463	963	5	for	for	ADP
ftr-463	963	6	the	the	DET
ftr-463	963	7	target	target	NOUN
ftr-463	963	8	stock	stock	NOUN
ftr-463	963	9	acquired	acquire	VERB
ftr-463	963	10	for	for	ADP
ftr-463	963	11	cash	cash	NOUN
ftr-463	963	12	in	in	ADP
ftr-463	963	13	its	its	PRON
ftr-463	963	14	own	own	ADJ
ftr-463	963	15	tender	tender	NOUN
ftr-463	963	16	offer	offer	NOUN
ftr-463	963	17	and	and	CCONJ
ftr-463	963	18	sought	seek	VERB
ftr-463	963	19	to	to	PART
ftr-463	963	20	recognize	recognize	VERB
ftr-463	963	21	loss	loss	NOUN
ftr-463	963	22	on	on	ADP
ftr-463	963	23	its	its	PRON
ftr-463	963	24	exchange	exchange	NOUN
ftr-463	963	25	for	for	ADP
ftr-463	963	26	dupont	dupont	NOUN
ftr-463	963	27	stock	stock	NOUN
ftr-463	963	28	.	.	PUNCT
ftr-463	964	1	it	it	PRON
ftr-463	964	2	argued	argue	VERB
ftr-463	964	3	that	that	SCONJ
ftr-463	964	4	its	its	PRON
ftr-463	964	5	recent	recent	ADJ
ftr-463	964	6	cash	cash	NOUN
ftr-463	964	7	purchase	purchase	NOUN
ftr-463	964	8	,	,	PUNCT
ftr-463	964	9	although	although	SCONJ
ftr-463	964	10	unassisted	unassiste	VERB
ftr-463	964	11	by	by	ADP
ftr-463	964	12	the	the	DET
ftr-463	964	13	target	target	NOUN
ftr-463	964	14	(	(	PUNCT
ftr-463	964	15	and	and	CCONJ
ftr-463	964	16	vehemently	vehemently	ADV
ftr-463	964	17	opposed	oppose	VERB
ftr-463	964	18	by	by	ADP
ftr-463	964	19	the	the	DET
ftr-463	964	20	ultimate	ultimate	ADJ
ftr-463	964	21	acquiror	acquiror	NOUN
ftr-463	964	22	)	)	PUNCT
ftr-463	964	23	,	,	PUNCT
ftr-463	964	24	nevertheless	nevertheless	ADV
ftr-463	964	25	disqualified	disqualify	VERB
ftr-463	964	26	it	it	PRON
ftr-463	964	27	as	as	ADP
ftr-463	964	28	a	a	DET
ftr-463	964	29	historic	historic	ADJ
ftr-463	964	30	shareholder	shareholder	NOUN
ftr-463	964	31	.	.	PUNCT
ftr-463	965	1	and	and	CCONJ
ftr-463	965	2	,	,	PUNCT
ftr-463	965	3	since	since	SCONJ
ftr-463	965	4	the	the	DET
ftr-463	965	5	dupont	dupont	PROPN
ftr-463	965	6	subsidiary	subsidiary	NOUN
ftr-463	965	7	purchased	purchase	VERB
ftr-463	965	8	46	46	NUM
ftr-463	965	9	%	%	NOUN
ftr-463	965	10	of	of	ADP
ftr-463	965	11	conoco	conoco	PROPN
ftr-463	965	12	's	's	PART
ftr-463	965	13	stock	stock	NOUN
ftr-463	965	14	for	for	ADP
ftr-463	965	15	cash	cash	NOUN
ftr-463	965	16	,	,	PUNCT
ftr-463	965	17	that	that	PRON
ftr-463	965	18	left	leave	VERB
ftr-463	965	19	a	a	DET
ftr-463	965	20	mere	mere	ADJ
ftr-463	965	21	22	22	NUM
ftr-463	965	22	%	%	NOUN
ftr-463	965	23	(	(	PUNCT
ftr-463	965	24	100	100	NUM
ftr-463	965	25	%	%	NOUN
ftr-463	965	26	less	less	ADJ
ftr-463	965	27	dupont	dupont	NOUN
ftr-463	965	28	's	's	PART
ftr-463	965	29	46	46	NUM
ftr-463	965	30	%	%	NOUN
ftr-463	965	31	acquired	acquire	VERB
ftr-463	965	32	for	for	ADP
ftr-463	965	33	cash	cash	NOUN
ftr-463	965	34	and	and	CCONJ
ftr-463	965	35	seagram	seagram	NOUN
ftr-463	965	36	's	's	PART
ftr-463	965	37	32	32	NUM
ftr-463	965	38	%	%	NOUN
ftr-463	965	39	)	)	PUNCT
ftr-463	965	40	of	of	ADP
ftr-463	965	41	conoco	conoco	PROPN
ftr-463	965	42	's	's	PART
ftr-463	965	43	historic	historic	ADJ
ftr-463	965	44	shareholders	shareholder	NOUN
ftr-463	965	45	who	who	PRON
ftr-463	965	46	could	could	AUX
ftr-463	965	47	be	be	AUX
ftr-463	965	48	said	say	VERB
ftr-463	965	49	to	to	PART
ftr-463	965	50	have	have	AUX
ftr-463	965	51	received	receive	VERB
ftr-463	965	52	dupont	dupont	NOUN
ftr-463	965	53	stock	stock	NOUN
ftr-463	965	54	.	.	PUNCT
ftr-463	966	1	this	this	DET
ftr-463	966	2	amount	amount	NOUN
ftr-463	966	3	,	,	PUNCT
ftr-463	966	4	seagram	seagram	PROPN
ftr-463	966	5	claimed	claim	VERB
ftr-463	966	6	,	,	PUNCT
ftr-463	966	7	was	be	AUX
ftr-463	966	8	insufficient	insufficient	ADJ
ftr-463	966	9	to	to	PART
ftr-463	966	10	establish	establish	VERB
ftr-463	966	11	continuity	continuity	NOUN
ftr-463	966	12	.	.	PUNCT
ftr-463	967	1	the	the	DET
ftr-463	967	2	court	court	NOUN
ftr-463	967	3	dismissed	dismiss	VERB
ftr-463	967	4	this	this	DET
ftr-463	967	5	argument	argument	NOUN
ftr-463	967	6	and	and	CCONJ
ftr-463	967	7	validated	validate	VERB
ftr-463	967	8	the	the	DET
ftr-463	967	9	reorganization	reorganization	NOUN
ftr-463	967	10	in	in	ADP
ftr-463	967	11	an	an	DET
ftr-463	967	12	opinion	opinion	NOUN
ftr-463	967	13	that	that	SCONJ
ftr-463	967	14	faced	faced	ADJ
ftr-463	967	15	practitioners	practitioner	NOUN
ftr-463	967	16	'	'	PART
ftr-463	967	17	fears	fear	NOUN
ftr-463	967	18	directly	directly	ADV
ftr-463	967	19	.	.	PUNCT
ftr-463	968	1	it	it	PRON
ftr-463	968	2	acknowledged	acknowledge	VERB
ftr-463	968	3	that	that	SCONJ
ftr-463	968	4	seagram	seagram	PROPN
ftr-463	968	5	's	's	PART
ftr-463	968	6	position	position	NOUN
ftr-463	968	7	could	could	AUX
ftr-463	968	8	cast	cast	VERB
ftr-463	968	9	a	a	DET
ftr-463	968	10	long	long	ADJ
ftr-463	968	11	shadow	shadow	NOUN
ftr-463	968	12	on	on	ADP
ftr-463	968	13	acquisitions	acquisition	NOUN
ftr-463	968	14	of	of	ADP
ftr-463	968	15	public	public	ADJ
ftr-463	968	16	companies	company	NOUN
ftr-463	968	17	by	by	ADP
ftr-463	968	18	conditioning	condition	VERB
ftr-463	968	19	reorganization	reorganization	NOUN
ftr-463	968	20	status	status	NOUN
ftr-463	968	21	on	on	ADP
ftr-463	968	22	the	the	DET
ftr-463	968	23	independent	independent	ADJ
ftr-463	968	24	actions	action	NOUN
ftr-463	968	25	of	of	ADP
ftr-463	968	26	numerous	numerous	ADJ
ftr-463	968	27	target	target	NOUN
ftr-463	968	28	shareholders	shareholder	NOUN
ftr-463	968	29	.	.	PUNCT
ftr-463	969	1	more	more	ADV
ftr-463	969	2	importantly	importantly	ADV
ftr-463	969	3	,	,	PUNCT
ftr-463	969	4	the	the	DET
ftr-463	969	5	court	court	NOUN
ftr-463	969	6	returned	return	VERB
ftr-463	969	7	the	the	DET
ftr-463	969	8	continuity	continuity	NOUN
ftr-463	969	9	of	of	ADP
ftr-463	969	10	interest	interest	NOUN
ftr-463	969	11	doctrine	doctrine	NOUN
ftr-463	969	12	a	a	DET
ftr-463	969	13	step	step	NOUN
ftr-463	969	14	closer	close	ADV
ftr-463	969	15	to	to	ADP
ftr-463	969	16	its	its	PRON
ftr-463	969	17	historical	historical	ADJ
ftr-463	969	18	roots	root	NOUN
ftr-463	969	19	.	.	PUNCT
ftr-463	970	1	continuity	continuity	NOUN
ftr-463	970	2	depends	depend	VERB
ftr-463	970	3	,	,	PUNCT
ftr-463	970	4	the	the	DET
ftr-463	970	5	court	court	NOUN
ftr-463	970	6	held	hold	VERB
ftr-463	970	7	,	,	PUNCT
ftr-463	970	8	solely	solely	ADV
ftr-463	970	9	on	on	ADP
ftr-463	970	10	the	the	DET
ftr-463	970	11	nature	nature	NOUN
ftr-463	970	12	and	and	CCONJ
ftr-463	970	13	amount	amount	NOUN
ftr-463	970	14	of	of	ADP
ftr-463	970	15	the	the	DET
ftr-463	970	16	acquiror	acquiror	NOUN
ftr-463	970	17	's	's	PART
ftr-463	970	18	consideration	consideration	NOUN
ftr-463	970	19	.	.	PUNCT
ftr-463	971	1	since	since	SCONJ
ftr-463	971	2	dupont	dupont	PROPN
ftr-463	971	3	's	's	PART
ftr-463	971	4	subsidiary	subsidiary	NOUN
ftr-463	971	5	obtained	obtain	VERB
ftr-463	971	6	a	a	DET
ftr-463	971	7	majority	majority	NOUN
ftr-463	971	8	of	of	ADP
ftr-463	971	9	conoco	conoco	PROPN
ftr-463	971	10	's	's	PART
ftr-463	971	11	stock	stock	NOUN
ftr-463	971	12	for	for	ADP
ftr-463	971	13	stock	stock	NOUN
ftr-463	971	14	of	of	ADP
ftr-463	971	15	dupont	dupont	NOUN
ftr-463	971	16	,	,	PUNCT
ftr-463	971	17	continuity	continuity	NOUN
ftr-463	971	18	was	be	AUX
ftr-463	971	19	maintained	maintain	VERB
ftr-463	971	20	.	.	PUNCT
ftr-463	972	1	this	this	DET
ftr-463	972	2	holding	holding	NOUN
ftr-463	972	3	at	at	ADP
ftr-463	972	4	once	once	ADV
ftr-463	972	5	captures	capture	VERB
ftr-463	972	6	the	the	DET
ftr-463	972	7	essence	essence	NOUN
ftr-463	972	8	of	of	ADP
ftr-463	972	9	cortland	cortland	PROPN
ftr-463	972	10	and	and	CCONJ
ftr-463	972	11	pinellas	pinellas	PROPN
ftr-463	972	12	,	,	PUNCT
ftr-463	972	13	which	which	PRON
ftr-463	972	14	distinguished	distinguish	VERB
ftr-463	972	15	taxable	taxable	ADJ
ftr-463	972	16	sales	sale	NOUN
ftr-463	972	17	of	of	ADP
ftr-463	972	18	target	target	NOUN
ftr-463	972	19	assets	asset	NOUN
ftr-463	972	20	from	from	ADP
ftr-463	972	21	tax	tax	NOUN
ftr-463	972	22	-	-	PUNCT
ftr-463	972	23	free	free	ADJ
ftr-463	972	24	reorganizations	reorganization	NOUN
ftr-463	972	25	based	base	VERB
ftr-463	972	26	on	on	ADP
ftr-463	972	27	the	the	DET
ftr-463	972	28	nature	nature	NOUN
ftr-463	972	29	and	and	CCONJ
ftr-463	972	30	amount	amount	NOUN
ftr-463	972	31	of	of	ADP
ftr-463	972	32	the	the	DET
ftr-463	972	33	acquirors	acquiror	NOUN
ftr-463	972	34	'	'	PART
ftr-463	972	35	consideration	consideration	NOUN
ftr-463	972	36	,	,	PUNCT
ftr-463	972	37	and	and	CCONJ
ftr-463	972	38	rebukes	rebuke	VERB
ftr-463	972	39	the	the	DET
ftr-463	972	40	suggestion	suggestion	NOUN
ftr-463	972	41	that	that	SCONJ
ftr-463	972	42	the	the	DET
ftr-463	972	43	shareholder	shareholder	NOUN
ftr-463	972	44	conduct	conduct	NOUN
ftr-463	972	45	cases	case	NOUN
ftr-463	972	46	of	of	ADP
ftr-463	972	47	heintz	heintz	PROPN
ftr-463	972	48	and	and	CCONJ
ftr-463	972	49	mcdonald	mcdonald	PROPN
ftr-463	972	50	's	's	PART
ftr-463	972	51	and	and	CCONJ
ftr-463	972	52	the	the	DET
ftr-463	972	53	integrated	integrate	VERB
ftr-463	972	54	transaction	transaction	NOUN
ftr-463	972	55	decisions	decision	NOUN
ftr-463	972	56	are	be	AUX
ftr-463	972	57	relevant	relevant	ADJ
ftr-463	972	58	as	as	ADP
ftr-463	972	59	continuity	continuity	NOUN
ftr-463	972	60	147	147	NUM
ftr-463	972	61	.	.	PUNCT
ftr-463	973	1	104	104	NUM
ftr-463	973	2	t.c	t.c	PROPN
ftr-463	973	3	.	.	PROPN
ftr-463	973	4	75	75	NUM
ftr-463	973	5	(	(	PUNCT
ftr-463	973	6	1995	1995	NUM
ftr-463	973	7	)	)	PUNCT
ftr-463	973	8	.	.	PUNCT
ftr-463	974	1	the	the	DET
ftr-463	974	2	case	case	NOUN
ftr-463	974	3	is	be	AUX
ftr-463	974	4	discussed	discuss	VERB
ftr-463	974	5	in	in	ADP
ftr-463	974	6	ginsburg	ginsburg	PROPN
ftr-463	974	7	&	&	CCONJ
ftr-463	974	8	levin	levin	PROPN
ftr-463	974	9	,	,	PUNCT
ftr-463	974	10	supra	supra	PROPN
ftr-463	974	11	note	note	PROPN
ftr-463	974	12	1	1	NUM
ftr-463	974	13	,	,	PUNCT
ftr-463	974	14	§	§	PROPN
ftr-463	974	15	610.10	610.10	NUM
ftr-463	974	16	at	at	ADP
ftr-463	974	17	627	627	NUM
ftr-463	974	18	-	-	SYM
ftr-463	974	19	30	30	NUM
ftr-463	974	20	;	;	PUNCT
ftr-463	974	21	jasper	jasper	PROPN
ftr-463	974	22	l.	l.	PROPN
ftr-463	974	23	cummins	cummins	PROPN
ftr-463	974	24	,	,	PUNCT
ftr-463	974	25	jr	jr	PROPN
ftr-463	974	26	.	.	PROPN
ftr-463	974	27	,	,	PUNCT
ftr-463	974	28	seagram	seagram	PROPN
ftr-463	974	29	files	file	NOUN
ftr-463	974	30	brief	brief	ADJ
ftr-463	974	31	with	with	ADP
ftr-463	974	32	second	second	ADJ
ftr-463	974	33	circuit	circuit	NOUN
ftr-463	974	34	,	,	PUNCT
ftr-463	974	35	69	69	NUM
ftr-463	974	36	tax	tax	NOUN
ftr-463	974	37	notes	note	NOUN
ftr-463	974	38	223	223	NUM
ftr-463	974	39	(	(	PUNCT
ftr-463	974	40	oct	oct	PROPN
ftr-463	974	41	.	.	PROPN
ftr-463	974	42	9	9	NUM
ftr-463	974	43	,	,	PUNCT
ftr-463	974	44	1995	1995	NUM
ftr-463	974	45	)	)	PUNCT
ftr-463	974	46	.	.	PUNCT
ftr-463	975	1	[	[	X
ftr-463	975	2	vol	vol	NOUN
ftr-463	975	3	3:5	3:5	NUM
ftr-463	975	4	1996	1996	NUM
ftr-463	975	5	]	]	PUNCT
ftr-463	975	6	devolution	devolution	NOUN
ftr-463	975	7	&	&	CCONJ
ftr-463	975	8	inevitable	inevitable	ADJ
ftr-463	975	9	extinction	extinction	NOUN
ftr-463	975	10	of	of	ADP
ftr-463	975	11	the	the	DET
ftr-463	975	12	continuit	continuit	NOUN
ftr-463	975	13	.	.	PUNCT
ftr-463	976	1	of	of	ADP
ftr-463	976	2	interest	interest	NOUN
ftr-463	976	3	doctrine	doctrine	NOUN
ftr-463	976	4	229	229	NUM
ftr-463	976	5	of	of	ADP
ftr-463	976	6	interest	interest	NOUN
ftr-463	976	7	precedents	precedent	NOUN
ftr-463	976	8	.	.	PUNCT
ftr-463	977	1	instead	instead	ADV
ftr-463	977	2	,	,	PUNCT
ftr-463	977	3	these	these	DET
ftr-463	977	4	decisions	decision	NOUN
ftr-463	977	5	should	should	AUX
ftr-463	977	6	be	be	AUX
ftr-463	977	7	viewed	view	VERB
ftr-463	977	8	as	as	ADP
ftr-463	977	9	extensions	extension	NOUN
ftr-463	977	10	of	of	ADP
ftr-463	977	11	the	the	DET
ftr-463	977	12	step	step	NOUN
ftr-463	977	13	-	-	PUNCT
ftr-463	977	14	transaction	transaction	NOUN
ftr-463	977	15	doctrine	doctrine	NOUN
ftr-463	977	16	,	,	PUNCT
ftr-463	977	17	which	which	PRON
ftr-463	977	18	permits	permit	VERB
ftr-463	977	19	several	several	ADJ
ftr-463	977	20	steps	step	NOUN
ftr-463	977	21	of	of	ADP
ftr-463	977	22	a	a	DET
ftr-463	977	23	single	single	ADJ
ftr-463	977	24	transaction	transaction	NOUN
ftr-463	977	25	to	to	PART
ftr-463	977	26	be	be	AUX
ftr-463	977	27	treated	treat	VERB
ftr-463	977	28	as	as	ADP
ftr-463	977	29	one	one	NUM
ftr-463	977	30	if	if	SCONJ
ftr-463	977	31	all	all	PRON
ftr-463	977	32	of	of	ADP
ftr-463	977	33	the	the	DET
ftr-463	977	34	parties	party	NOUN
ftr-463	977	35	cooperated	cooperate	VERB
ftr-463	977	36	to	to	PART
ftr-463	977	37	achieve	achieve	VERB
ftr-463	977	38	a	a	DET
ftr-463	977	39	particular	particular	ADJ
ftr-463	977	40	result	result	NOUN
ftr-463	977	41	.	.	PUNCT
ftr-463	978	1	equally	equally	ADV
ftr-463	978	2	important	important	ADJ
ftr-463	978	3	,	,	PUNCT
ftr-463	978	4	the	the	DET
ftr-463	978	5	seagram	seagram	NOUN
ftr-463	978	6	decision	decision	NOUN
ftr-463	978	7	offers	offer	VERB
ftr-463	978	8	taxpayers	taxpayer	NOUN
ftr-463	978	9	and	and	CCONJ
ftr-463	978	10	the	the	DET
ftr-463	978	11	service	service	NOUN
ftr-463	978	12	alike	alike	ADP
ftr-463	978	13	stability	stability	NOUN
ftr-463	978	14	and	and	CCONJ
ftr-463	978	15	administrability	administrability	NOUN
ftr-463	978	16	.	.	PUNCT
ftr-463	979	1	under	under	ADP
ftr-463	979	2	the	the	DET
ftr-463	979	3	decision	decision	NOUN
ftr-463	979	4	,	,	PUNCT
ftr-463	979	5	the	the	DET
ftr-463	979	6	characterization	characterization	NOUN
ftr-463	979	7	of	of	ADP
ftr-463	979	8	a	a	DET
ftr-463	979	9	transaction	transaction	NOUN
ftr-463	979	10	as	as	ADP
ftr-463	979	11	a	a	DET
ftr-463	979	12	reorganization	reorganization	NOUN
ftr-463	979	13	or	or	CCONJ
ftr-463	979	14	a	a	DET
ftr-463	979	15	taxable	taxable	ADJ
ftr-463	979	16	sale	sale	NOUN
ftr-463	979	17	may	may	AUX
ftr-463	979	18	be	be	AUX
ftr-463	979	19	determined	determine	VERB
ftr-463	979	20	definitively	definitively	ADV
ftr-463	979	21	at	at	ADP
ftr-463	979	22	the	the	DET
ftr-463	979	23	moment	moment	NOUN
ftr-463	979	24	of	of	ADP
ftr-463	979	25	the	the	DET
ftr-463	979	26	acquisition	acquisition	NOUN
ftr-463	979	27	,	,	PUNCT
ftr-463	979	28	based	base	VERB
ftr-463	979	29	on	on	ADP
ftr-463	979	30	the	the	DET
ftr-463	979	31	objective	objective	ADJ
ftr-463	979	32	nature	nature	NOUN
ftr-463	979	33	of	of	ADP
ftr-463	979	34	acquiror	acquiror	NOUN
ftr-463	979	35	's	's	PART
ftr-463	979	36	consideration	consideration	NOUN
ftr-463	979	37	.	.	PUNCT
ftr-463	980	1	the	the	DET
ftr-463	980	2	seagram	seagram	PROPN
ftr-463	980	3	opinion	opinion	NOUN
ftr-463	980	4	has	have	AUX
ftr-463	980	5	been	be	AUX
ftr-463	980	6	criticized	criticize	VERB
ftr-463	980	7	,	,	PUNCT
ftr-463	980	8	largely	largely	ADV
ftr-463	980	9	on	on	ADP
ftr-463	980	10	two	two	NUM
ftr-463	980	11	grounds	ground	NOUN
ftr-463	980	12	.	.	PUNCT
ftr-463	980	13	'	'	PUNCT
ftr-463	981	1	first	first	ADV
ftr-463	981	2	,	,	PUNCT
ftr-463	981	3	commentators	commentator	NOUN
ftr-463	981	4	have	have	AUX
ftr-463	981	5	dismissed	dismiss	VERB
ftr-463	981	6	as	as	ADP
ftr-463	981	7	"	"	PUNCT
ftr-463	981	8	misplaced	misplaced	ADJ
ftr-463	981	9	"	"	PUNCT
ftr-463	981	10	the	the	DET
ftr-463	981	11	court	court	NOUN
ftr-463	981	12	's	's	PART
ftr-463	981	13	concern	concern	NOUN
ftr-463	981	14	about	about	ADP
ftr-463	981	15	the	the	DET
ftr-463	981	16	ability	ability	NOUN
ftr-463	981	17	of	of	ADP
ftr-463	981	18	public	public	ADJ
ftr-463	981	19	targets	target	NOUN
ftr-463	981	20	to	to	PART
ftr-463	981	21	engage	engage	VERB
ftr-463	981	22	in	in	ADP
ftr-463	981	23	tax	tax	NOUN
ftr-463	981	24	-	-	PUNCT
ftr-463	981	25	free	free	ADJ
ftr-463	981	26	reorganizations	reorganization	NOUN
ftr-463	981	27	without	without	ADP
ftr-463	981	28	tracking	track	VERB
ftr-463	981	29	large	large	ADJ
ftr-463	981	30	volumes	volume	NOUN
ftr-463	981	31	of	of	ADP
ftr-463	981	32	pre	pre	ADJ
ftr-463	981	33	-	-	ADJ
ftr-463	981	34	acquisition	acquisition	ADJ
ftr-463	981	35	trading	trading	NOUN
ftr-463	981	36	in	in	ADP
ftr-463	981	37	target	target	NOUN
ftr-463	981	38	stock	stock	NOUN
ftr-463	981	39	.	.	PUNCT
ftr-463	982	1	under	under	ADP
ftr-463	982	2	their	their	PRON
ftr-463	982	3	view	view	NOUN
ftr-463	982	4	,	,	PUNCT
ftr-463	982	5	revenue	revenue	NOUN
ftr-463	982	6	procedure	procedure	NOUN
ftr-463	982	7	77	77	NUM
ftr-463	982	8	-	-	SYM
ftr-463	982	9	37	37	NUM
ftr-463	982	10	which	which	PRON
ftr-463	982	11	,	,	PUNCT
ftr-463	982	12	for	for	ADP
ftr-463	982	13	purposes	purpose	NOUN
ftr-463	982	14	of	of	ADP
ftr-463	982	15	the	the	DET
ftr-463	982	16	representations	representation	NOUN
ftr-463	982	17	necessary	necessary	ADJ
ftr-463	982	18	to	to	PART
ftr-463	982	19	obtain	obtain	VERB
ftr-463	982	20	a	a	DET
ftr-463	982	21	favorable	favorable	ADJ
ftr-463	982	22	ruling	ruling	NOUN
ftr-463	982	23	,	,	PUNCT
ftr-463	982	24	treats	treat	VERB
ftr-463	982	25	less	less	ADJ
ftr-463	982	26	-	-	PUNCT
ftr-463	982	27	than-5	than-5	NUM
ftr-463	982	28	%	%	NOUN
ftr-463	982	29	shareholders	shareholder	NOUN
ftr-463	982	30	as	as	ADP
ftr-463	982	31	historic	historic	ADJ
ftr-463	982	32	,	,	PUNCT
ftr-463	982	33	should	should	AUX
ftr-463	982	34	have	have	AUX
ftr-463	982	35	allayed	allay	VERB
ftr-463	982	36	the	the	DET
ftr-463	982	37	court	court	NOUN
ftr-463	982	38	's	's	PART
ftr-463	982	39	fears	fear	NOUN
ftr-463	982	40	.	.	PUNCT
ftr-463	983	1	this	this	DET
ftr-463	983	2	view	view	NOUN
ftr-463	983	3	raises	raise	VERB
ftr-463	983	4	two	two	NUM
ftr-463	983	5	preliminary	preliminary	ADJ
ftr-463	983	6	questions	question	NOUN
ftr-463	983	7	.	.	PUNCT
ftr-463	984	1	first	first	ADV
ftr-463	984	2	,	,	PUNCT
ftr-463	984	3	should	should	AUX
ftr-463	984	4	the	the	DET
ftr-463	984	5	representations	representation	NOUN
ftr-463	984	6	required	require	VERB
ftr-463	984	7	to	to	PART
ftr-463	984	8	obtain	obtain	VERB
ftr-463	984	9	a	a	DET
ftr-463	984	10	private	private	ADJ
ftr-463	984	11	letter	letter	NOUN
ftr-463	984	12	ruling	ruling	NOUN
ftr-463	984	13	preclude	preclude	VERB
ftr-463	984	14	the	the	DET
ftr-463	984	15	service	service	NOUN
ftr-463	984	16	from	from	ADP
ftr-463	984	17	proceeding	proceed	VERB
ftr-463	984	18	against	against	ADP
ftr-463	984	19	taxpayers	taxpayer	NOUN
ftr-463	984	20	that	that	PRON
ftr-463	984	21	fail	fail	VERB
ftr-463	984	22	to	to	PART
ftr-463	984	23	obtain	obtain	VERB
ftr-463	984	24	a	a	DET
ftr-463	984	25	ruling	ruling	NOUN
ftr-463	984	26	?	?	PUNCT
ftr-463	985	1	second	second	ADJ
ftr-463	985	2	,	,	PUNCT
ftr-463	985	3	is	be	AUX
ftr-463	985	4	the	the	DET
ftr-463	985	5	50	50	NUM
ftr-463	985	6	%	%	NOUN
ftr-463	985	7	threshold	threshold	NOUN
ftr-463	985	8	of	of	ADP
ftr-463	985	9	revenue	revenue	NOUN
ftr-463	985	10	procedure	procedure	NOUN
ftr-463	985	11	77	77	NUM
ftr-463	985	12	-	-	SYM
ftr-463	985	13	37	37	NUM
ftr-463	985	14	-	-	PUNCT
ftr-463	985	15	which	which	PRON
ftr-463	985	16	quite	quite	ADV
ftr-463	985	17	clearly	clearly	ADV
ftr-463	985	18	is	be	AUX
ftr-463	985	19	higher	high	ADJ
ftr-463	985	20	than	than	SCONJ
ftr-463	985	21	the	the	DET
ftr-463	985	22	case	case	NOUN
ftr-463	985	23	law	law	NOUN
ftr-463	985	24	establishes	establish	VERB
ftr-463	985	25	'	'	PART
ftr-463	985	26	49	49	NUM
ftr-463	985	27	-	-	PUNCT
ftr-463	985	28	a	a	DET
ftr-463	985	29	hindrance	hindrance	NOUN
ftr-463	985	30	to	to	ADP
ftr-463	985	31	tax	tax	NOUN
ftr-463	985	32	-	-	PUNCT
ftr-463	985	33	free	free	ADJ
ftr-463	985	34	acquisitions	acquisition	NOUN
ftr-463	985	35	of	of	ADP
ftr-463	985	36	public	public	ADJ
ftr-463	985	37	targets	target	NOUN
ftr-463	985	38	?	?	PUNCT
ftr-463	986	1	even	even	ADV
ftr-463	986	2	conceding	concede	VERB
ftr-463	986	3	affirmative	affirmative	ADJ
ftr-463	986	4	answers	answer	NOUN
ftr-463	986	5	to	to	ADP
ftr-463	986	6	these	these	DET
ftr-463	986	7	questions	question	NOUN
ftr-463	986	8	,	,	PUNCT
ftr-463	986	9	the	the	DET
ftr-463	986	10	view	view	NOUN
ftr-463	986	11	of	of	ADP
ftr-463	986	12	these	these	DET
ftr-463	986	13	critics	critic	NOUN
ftr-463	986	14	simply	simply	ADV
ftr-463	986	15	illuminate	illuminate	VERB
ftr-463	986	16	another	another	DET
ftr-463	986	17	reason	reason	NOUN
ftr-463	986	18	why	why	SCONJ
ftr-463	986	19	the	the	DET
ftr-463	986	20	seagram	seagram	NOUN
ftr-463	986	21	court	court	NOUN
ftr-463	986	22	's	's	PART
ftr-463	986	23	decision	decision	NOUN
ftr-463	986	24	represents	represent	VERB
ftr-463	986	25	sound	sound	ADJ
ftr-463	986	26	tax	tax	NOUN
ftr-463	986	27	policy	policy	NOUN
ftr-463	986	28	.	.	PUNCT
ftr-463	987	1	if	if	SCONJ
ftr-463	987	2	seagram	seagram	PROPN
ftr-463	987	3	's	's	PART
ftr-463	987	4	arguments	argument	NOUN
ftr-463	987	5	were	be	AUX
ftr-463	987	6	accepted	accept	VERB
ftr-463	987	7	,	,	PUNCT
ftr-463	987	8	a	a	DET
ftr-463	987	9	target	target	NOUN
ftr-463	987	10	shareholder	shareholder	NOUN
ftr-463	987	11	realizing	realize	VERB
ftr-463	987	12	a	a	DET
ftr-463	987	13	loss	loss	NOUN
ftr-463	987	14	on	on	ADP
ftr-463	987	15	its	its	PRON
ftr-463	987	16	exchange	exchange	NOUN
ftr-463	987	17	could	could	AUX
ftr-463	987	18	argue	argue	VERB
ftr-463	987	19	that	that	SCONJ
ftr-463	987	20	,	,	PUNCT
ftr-463	987	21	notwithstanding	notwithstanding	ADP
ftr-463	987	22	the	the	DET
ftr-463	987	23	safe	safe	ADJ
ftr-463	987	24	harbor	harbor	NOUN
ftr-463	987	25	,	,	PUNCT
ftr-463	987	26	continuity	continuity	NOUN
ftr-463	987	27	was	be	AUX
ftr-463	987	28	failed	fail	VERB
ftr-463	987	29	under	under	ADP
ftr-463	987	30	traditional	traditional	ADJ
ftr-463	987	31	standards	standard	NOUN
ftr-463	987	32	.	.	PUNCT
ftr-463	988	1	for	for	ADP
ftr-463	988	2	example	example	NOUN
ftr-463	988	3	,	,	PUNCT
ftr-463	988	4	these	these	DET
ftr-463	988	5	arguments	argument	NOUN
ftr-463	988	6	,	,	PUNCT
ftr-463	988	7	if	if	SCONJ
ftr-463	988	8	accepted	accept	VERB
ftr-463	988	9	,	,	PUNCT
ftr-463	988	10	would	would	AUX
ftr-463	988	11	open	open	VERB
ftr-463	988	12	the	the	DET
ftr-463	988	13	door	door	NOUN
ftr-463	988	14	to	to	ADP
ftr-463	988	15	an	an	DET
ftr-463	988	16	argument	argument	NOUN
ftr-463	988	17	that	that	SCONJ
ftr-463	988	18	continuity	continuity	NOUN
ftr-463	988	19	is	be	AUX
ftr-463	988	20	broken	break	VERB
ftr-463	988	21	if	if	SCONJ
ftr-463	988	22	(	(	PUNCT
ftr-463	988	23	1	1	NUM
ftr-463	988	24	)	)	PUNCT
ftr-463	988	25	50	50	NUM
ftr-463	988	26	%	%	NOUN
ftr-463	988	27	of	of	ADP
ftr-463	988	28	the	the	DET
ftr-463	988	29	target	target	NOUN
ftr-463	988	30	's	's	PART
ftr-463	988	31	stock	stock	NOUN
ftr-463	988	32	is	be	AUX
ftr-463	988	33	held	hold	VERB
ftr-463	988	34	by	by	ADP
ftr-463	988	35	less	less	ADJ
ftr-463	988	36	-	-	PUNCT
ftr-463	988	37	than-5	than-5	NUM
ftr-463	988	38	%	%	NOUN
ftr-463	988	39	shareholders	shareholder	NOUN
ftr-463	988	40	,	,	PUNCT
ftr-463	988	41	(	(	PUNCT
ftr-463	988	42	2	2	X
ftr-463	988	43	)	)	PUNCT
ftr-463	988	44	the	the	DET
ftr-463	988	45	balance	balance	NOUN
ftr-463	988	46	is	be	AUX
ftr-463	988	47	held	hold	VERB
ftr-463	988	48	by	by	ADP
ftr-463	988	49	a	a	DET
ftr-463	988	50	taxpayer	taxpayer	NOUN
ftr-463	988	51	who	who	PRON
ftr-463	988	52	purchased	purchase	VERB
ftr-463	988	53	for	for	ADP
ftr-463	988	54	cash	cash	NOUN
ftr-463	988	55	immediately	immediately	ADV
ftr-463	988	56	before	before	ADP
ftr-463	988	57	the	the	DET
ftr-463	988	58	acquisition	acquisition	NOUN
ftr-463	988	59	,	,	PUNCT
ftr-463	988	60	and	and	CCONJ
ftr-463	988	61	(	(	PUNCT
ftr-463	988	62	3	3	X
ftr-463	988	63	)	)	PUNCT
ftr-463	988	64	the	the	DET
ftr-463	988	65	taxpayer	taxpayer	NOUN
ftr-463	988	66	is	be	AUX
ftr-463	988	67	able	able	ADJ
ftr-463	988	68	to	to	PART
ftr-463	988	69	demonstrate	demonstrate	VERB
ftr-463	988	70	that	that	SCONJ
ftr-463	988	71	60	60	NUM
ftr-463	988	72	%	%	NOUN
ftr-463	988	73	of	of	ADP
ftr-463	988	74	the	the	DET
ftr-463	988	75	target	target	NOUN
ftr-463	988	76	stock	stock	NOUN
ftr-463	988	77	held	hold	VERB
ftr-463	988	78	by	by	ADP
ftr-463	988	79	less	less	ADJ
ftr-463	988	80	-	-	PUNCT
ftr-463	988	81	than-5	than-5	NUM
ftr-463	988	82	%	%	NOUN
ftr-463	988	83	shareholders	shareholder	NOUN
ftr-463	988	84	was	be	AUX
ftr-463	988	85	sold	sell	VERB
ftr-463	988	86	for	for	ADP
ftr-463	988	87	cash	cash	NOUN
ftr-463	988	88	in	in	ADP
ftr-463	988	89	contemplation	contemplation	NOUN
ftr-463	988	90	of	of	ADP
ftr-463	988	91	the	the	DET
ftr-463	988	92	transaction	transaction	NOUN
ftr-463	988	93	.	.	PUNCT
ftr-463	989	1	moreover	moreover	ADV
ftr-463	989	2	,	,	PUNCT
ftr-463	989	3	the	the	DET
ftr-463	989	4	seagram	seagram	NOUN
ftr-463	989	5	position	position	NOUN
ftr-463	989	6	would	would	AUX
ftr-463	989	7	encourage	encourage	VERB
ftr-463	989	8	inconsistent	inconsistent	ADJ
ftr-463	989	9	tax	tax	NOUN
ftr-463	989	10	positions	position	NOUN
ftr-463	989	11	and	and	CCONJ
ftr-463	989	12	whipsaw	whipsaw	NOUN
ftr-463	989	13	of	of	ADP
ftr-463	989	14	the	the	DET
ftr-463	989	15	government	government	NOUN
ftr-463	989	16	.	.	PUNCT
ftr-463	990	1	alternatively	alternatively	ADV
ftr-463	990	2	,	,	PUNCT
ftr-463	990	3	these	these	DET
ftr-463	990	4	commentators	commentator	NOUN
ftr-463	990	5	would	would	AUX
ftr-463	990	6	accept	accept	VERB
ftr-463	990	7	the	the	DET
ftr-463	990	8	seagram	seagram	NOUN
ftr-463	990	9	result	result	NOUN
ftr-463	990	10	,	,	PUNCT
ftr-463	990	11	but	but	CCONJ
ftr-463	990	12	only	only	ADV
ftr-463	990	13	if	if	SCONJ
ftr-463	990	14	seagram	seagram	PROPN
ftr-463	990	15	had	have	VERB
ftr-463	990	16	the	the	DET
ftr-463	990	17	intent	intent	NOUN
ftr-463	990	18	of	of	ADP
ftr-463	990	19	acquiring	acquire	VERB
ftr-463	990	20	the	the	DET
ftr-463	990	21	target	target	NOUN
ftr-463	990	22	but	but	CCONJ
ftr-463	990	23	no	no	DET
ftr-463	990	24	intent	intent	NOUN
ftr-463	990	25	of	of	ADP
ftr-463	990	26	exchanging	exchange	VERB
ftr-463	990	27	its	its	PRON
ftr-463	990	28	stock	stock	NOUN
ftr-463	990	29	for	for	ADP
ftr-463	990	30	dupont	dupont	NOUN
ftr-463	990	31	stock	stock	NOUN
ftr-463	990	32	.	.	PUNCT
ftr-463	991	1	this	this	DET
ftr-463	991	2	test	test	NOUN
ftr-463	991	3	,	,	PUNCT
ftr-463	991	4	however	however	ADV
ftr-463	991	5	,	,	PUNCT
ftr-463	991	6	would	would	AUX
ftr-463	991	7	rest	rest	VERB
ftr-463	991	8	the	the	DET
ftr-463	991	9	status	status	NOUN
ftr-463	991	10	of	of	ADP
ftr-463	991	11	reorganizations	reorganization	NOUN
ftr-463	991	12	on	on	ADP
ftr-463	991	13	the	the	DET
ftr-463	991	14	subjective	subjective	ADJ
ftr-463	991	15	intent	intent	NOUN
ftr-463	991	16	of	of	ADP
ftr-463	991	17	significant	significant	ADJ
ftr-463	991	18	target	target	NOUN
ftr-463	991	19	shareholders	shareholder	NOUN
ftr-463	991	20	-	-	PUNCT
ftr-463	991	21	hardly	hardly	ADV
ftr-463	991	22	a	a	DET
ftr-463	991	23	basis	basis	NOUN
ftr-463	991	24	for	for	ADP
ftr-463	991	25	stable	stable	ADJ
ftr-463	991	26	,	,	PUNCT
ftr-463	991	27	predictable	predictable	ADJ
ftr-463	991	28	,	,	PUNCT
ftr-463	991	29	and	and	CCONJ
ftr-463	991	30	consistent	consistent	ADJ
ftr-463	991	31	results	result	NOUN
ftr-463	991	32	.	.	PUNCT
ftr-463	992	1	148	148	NUM
ftr-463	992	2	.	.	PUNCT
ftr-463	993	1	see	see	VERB
ftr-463	993	2	ginsburg	ginsburg	PROPN
ftr-463	993	3	&	&	CCONJ
ftr-463	993	4	levin	levin	PROPN
ftr-463	993	5	,	,	PUNCT
ftr-463	993	6	supra	supra	PROPN
ftr-463	993	7	note	note	PROPN
ftr-463	993	8	1	1	NUM
ftr-463	993	9	,	,	PUNCT
ftr-463	993	10	§	§	PROPN
ftr-463	993	11	610.10	610.10	NUM
ftr-463	993	12	at	at	ADP
ftr-463	993	13	628	628	NUM
ftr-463	993	14	-	-	SYM
ftr-463	993	15	29	29	NUM
ftr-463	993	16	.	.	NOUN
ftr-463	994	1	149	149	NUM
ftr-463	994	2	.	.	PUNCT
ftr-463	995	1	see	see	VERB
ftr-463	995	2	infra	infra	NOUN
ftr-463	995	3	notes	note	VERB
ftr-463	995	4	194	194	NUM
ftr-463	995	5	-	-	SYM
ftr-463	995	6	196	196	NUM
ftr-463	995	7	and	and	CCONJ
ftr-463	995	8	accompanying	accompany	VERB
ftr-463	995	9	text	text	NOUN
ftr-463	995	10	.	.	PUNCT
ftr-463	996	1	florida	florida	PROPN
ftr-463	996	2	tax	tax	PROPN
ftr-463	996	3	review	review	PROPN
ftr-463	996	4	iv	iv	X
ftr-463	996	5	.	.	PUNCT
ftr-463	997	1	the	the	DET
ftr-463	997	2	decline	decline	NOUN
ftr-463	997	3	of	of	ADP
ftr-463	997	4	the	the	DET
ftr-463	997	5	continuity	continuity	NOUN
ftr-463	997	6	of	of	ADP
ftr-463	997	7	interest	interest	NOUN
ftr-463	997	8	doctrine	doctrine	NOUN
ftr-463	997	9	despite	despite	SCONJ
ftr-463	997	10	the	the	DET
ftr-463	997	11	historic	historic	ADJ
ftr-463	997	12	and	and	CCONJ
ftr-463	997	13	continued	continued	ADJ
ftr-463	997	14	vigor	vigor	NOUN
ftr-463	997	15	of	of	ADP
ftr-463	997	16	the	the	DET
ftr-463	997	17	continuity	continuity	NOUN
ftr-463	997	18	of	of	ADP
ftr-463	997	19	interest	interest	NOUN
ftr-463	997	20	doctrine	doctrine	NOUN
ftr-463	997	21	,	,	PUNCT
ftr-463	997	22	its	its	PRON
ftr-463	997	23	tangled	tangle	VERB
ftr-463	997	24	branches	branch	NOUN
ftr-463	997	25	have	have	AUX
ftr-463	997	26	undergone	undergo	VERB
ftr-463	997	27	significant	significant	ADJ
ftr-463	997	28	pruning	pruning	NOUN
ftr-463	997	29	by	by	ADP
ftr-463	997	30	congress	congress	PROPN
ftr-463	997	31	,	,	PUNCT
ftr-463	997	32	the	the	DET
ftr-463	997	33	service	service	NOUN
ftr-463	997	34	,	,	PUNCT
ftr-463	997	35	and	and	CCONJ
ftr-463	997	36	the	the	DET
ftr-463	997	37	courts	court	NOUN
ftr-463	997	38	.	.	PUNCT
ftr-463	998	1	this	this	DET
ftr-463	998	2	part	part	NOUN
ftr-463	998	3	examines	examine	VERB
ftr-463	998	4	a	a	DET
ftr-463	998	5	variety	variety	NOUN
ftr-463	998	6	of	of	ADP
ftr-463	998	7	limitations	limitation	NOUN
ftr-463	998	8	that	that	PRON
ftr-463	998	9	have	have	AUX
ftr-463	998	10	restrained	restrain	VERB
ftr-463	998	11	continuity	continuity	NOUN
ftr-463	998	12	from	from	ADP
ftr-463	998	13	breaking	break	VERB
ftr-463	998	14	otherwise	otherwise	ADV
ftr-463	998	15	valid	valid	ADJ
ftr-463	998	16	reorganizations	reorganization	NOUN
ftr-463	998	17	.	.	PUNCT
ftr-463	999	1	the	the	DET
ftr-463	999	2	discussion	discussion	NOUN
ftr-463	999	3	is	be	AUX
ftr-463	999	4	divided	divide	VERB
ftr-463	999	5	into	into	ADP
ftr-463	999	6	three	three	NUM
ftr-463	999	7	subheadings	subheading	NOUN
ftr-463	999	8	.	.	PUNCT
ftr-463	1000	1	first	first	ADV
ftr-463	1000	2	,	,	PUNCT
ftr-463	1000	3	this	this	DET
ftr-463	1000	4	part	part	NOUN
ftr-463	1000	5	describes	describe	VERB
ftr-463	1000	6	the	the	DET
ftr-463	1000	7	legislative	legislative	ADJ
ftr-463	1000	8	limitations	limitation	NOUN
ftr-463	1000	9	on	on	ADP
ftr-463	1000	10	the	the	DET
ftr-463	1000	11	remote	remote	ADJ
ftr-463	1000	12	continuity	continuity	NOUN
ftr-463	1000	13	doctrine	doctrine	NOUN
ftr-463	1000	14	.	.	PUNCT
ftr-463	1001	1	second	second	ADJ
ftr-463	1001	2	,	,	PUNCT
ftr-463	1001	3	this	this	DET
ftr-463	1001	4	part	part	NOUN
ftr-463	1001	5	considers	consider	VERB
ftr-463	1001	6	the	the	DET
ftr-463	1001	7	partial	partial	ADJ
ftr-463	1001	8	codification	codification	NOUN
ftr-463	1001	9	of	of	ADP
ftr-463	1001	10	the	the	DET
ftr-463	1001	11	integrated	integrate	VERB
ftr-463	1001	12	transaction	transaction	NOUN
ftr-463	1001	13	doctrine	doctrine	NOUN
ftr-463	1001	14	in	in	ADP
ftr-463	1001	15	section	section	NOUN
ftr-463	1001	16	338	338	NUM
ftr-463	1001	17	and	and	CCONJ
ftr-463	1001	18	the	the	DET
ftr-463	1001	19	anti	anti	ADJ
ftr-463	1001	20	-	-	ADJ
ftr-463	1001	21	yoc	yoc	ADJ
ftr-463	1001	22	heating	heating	NOUN
ftr-463	1001	23	regulations	regulation	NOUN
ftr-463	1001	24	,	,	PUNCT
ftr-463	1001	25	which	which	PRON
ftr-463	1001	26	all	all	PRON
ftr-463	1001	27	but	but	ADV
ftr-463	1001	28	eliminate	eliminate	VERB
ftr-463	1001	29	continuity	continuity	NOUN
ftr-463	1001	30	as	as	ADP
ftr-463	1001	31	a	a	DET
ftr-463	1001	32	requirement	requirement	NOUN
ftr-463	1001	33	for	for	ADP
ftr-463	1001	34	a	a	DET
ftr-463	1001	35	reorganization	reorganization	NOUN
ftr-463	1001	36	following	follow	VERB
ftr-463	1001	37	a	a	DET
ftr-463	1001	38	qualified	qualified	ADJ
ftr-463	1001	39	stock	stock	NOUN
ftr-463	1001	40	purchase	purchase	NOUN
ftr-463	1001	41	.	.	PUNCT
ftr-463	1002	1	finally	finally	ADV
ftr-463	1002	2	,	,	PUNCT
ftr-463	1002	3	this	this	DET
ftr-463	1002	4	part	part	NOUN
ftr-463	1002	5	traces	trace	VERB
ftr-463	1002	6	the	the	DET
ftr-463	1002	7	abolition	abolition	NOUN
ftr-463	1002	8	of	of	ADP
ftr-463	1002	9	continuity	continuity	NOUN
ftr-463	1002	10	as	as	ADP
ftr-463	1002	11	a	a	DET
ftr-463	1002	12	doctrine	doctrine	NOUN
ftr-463	1002	13	of	of	ADP
ftr-463	1002	14	disqualification	disqualification	NOUN
ftr-463	1002	15	for	for	ADP
ftr-463	1002	16	mutual	mutual	ADJ
ftr-463	1002	17	savings	saving	NOUN
ftr-463	1002	18	bank	bank	NOUN
ftr-463	1002	19	and	and	CCONJ
ftr-463	1002	20	mutual	mutual	ADJ
ftr-463	1002	21	savings	saving	NOUN
ftr-463	1002	22	and	and	CCONJ
ftr-463	1002	23	loan	loan	NOUN
ftr-463	1002	24	association	association	NOUN
ftr-463	1002	25	reorganizations	reorganization	NOUN
ftr-463	1002	26	.	.	PUNCT
ftr-463	1003	1	a.	a.	NOUN
ftr-463	1003	2	limitations	limitation	NOUN
ftr-463	1003	3	on	on	ADP
ftr-463	1003	4	remote	remote	ADJ
ftr-463	1003	5	continuity	continuity	NOUN
ftr-463	1003	6	as	as	SCONJ
ftr-463	1003	7	discussed	discuss	VERB
ftr-463	1003	8	above	above	ADV
ftr-463	1003	9	in	in	ADP
ftr-463	1003	10	part	part	NOUN
ftr-463	1003	11	iii.b	iii.b	X
ftr-463	1003	12	,	,	PUNCT
ftr-463	1003	13	one	one	NUM
ftr-463	1003	14	of	of	ADP
ftr-463	1003	15	the	the	DET
ftr-463	1003	16	earlier	early	ADJ
ftr-463	1003	17	expansions	expansion	NOUN
ftr-463	1003	18	of	of	ADP
ftr-463	1003	19	the	the	DET
ftr-463	1003	20	continuity	continuity	NOUN
ftr-463	1003	21	of	of	ADP
ftr-463	1003	22	interest	interest	NOUN
ftr-463	1003	23	doctrine	doctrine	NOUN
ftr-463	1003	24	was	be	AUX
ftr-463	1003	25	the	the	DET
ftr-463	1003	26	development	development	NOUN
ftr-463	1003	27	of	of	ADP
ftr-463	1003	28	a	a	DET
ftr-463	1003	29	remote	remote	ADJ
ftr-463	1003	30	continuity	continuity	NOUN
ftr-463	1003	31	aspect	aspect	NOUN
ftr-463	1003	32	that	that	PRON
ftr-463	1003	33	could	could	AUX
ftr-463	1003	34	defeat	defeat	VERB
ftr-463	1003	35	otherwise	otherwise	ADV
ftr-463	1003	36	valid	valid	ADJ
ftr-463	1003	37	reorganizations	reorganization	NOUN
ftr-463	1003	38	depending	depend	VERB
ftr-463	1003	39	on	on	ADP
ftr-463	1003	40	the	the	DET
ftr-463	1003	41	spacial	spacial	ADJ
ftr-463	1003	42	relationship	relationship	NOUN
ftr-463	1003	43	between	between	ADP
ftr-463	1003	44	the	the	DET
ftr-463	1003	45	target	target	NOUN
ftr-463	1003	46	's	's	PART
ftr-463	1003	47	assets	asset	NOUN
ftr-463	1003	48	and	and	CCONJ
ftr-463	1003	49	the	the	DET
ftr-463	1003	50	acquiror	acquiror	NOUN
ftr-463	1003	51	's	's	PART
ftr-463	1003	52	consideration	consideration	NOUN
ftr-463	1003	53	.	.	PUNCT
ftr-463	1004	1	starting	start	VERB
ftr-463	1004	2	in	in	ADP
ftr-463	1004	3	1954	1954	NUM
ftr-463	1004	4	,	,	PUNCT
ftr-463	1004	5	congress	congress	PROPN
ftr-463	1004	6	began	begin	VERB
ftr-463	1004	7	the	the	DET
ftr-463	1004	8	piecemeal	piecemeal	ADJ
ftr-463	1004	9	repeal	repeal	NOUN
ftr-463	1004	10	of	of	ADP
ftr-463	1004	11	the	the	DET
ftr-463	1004	12	remote	remote	ADJ
ftr-463	1004	13	continuity	continuity	NOUN
ftr-463	1004	14	doctrine	doctrine	NOUN
ftr-463	1004	15	by	by	ADP
ftr-463	1004	16	adding	add	VERB
ftr-463	1004	17	to	to	ADP
ftr-463	1004	18	section	section	NOUN
ftr-463	1004	19	368(a)(1)(c	368(a)(1)(c	PROPN
ftr-463	1004	20	)	)	PUNCT
ftr-463	1004	21	an	an	DET
ftr-463	1004	22	anti	anti	ADJ
ftr-463	1004	23	-	-	ADJ
ftr-463	1004	24	groman	groman	ADJ
ftr-463	1004	25	parenthetical	parenthetical	ADJ
ftr-463	1004	26	clause-"(or	clause-"(or	NOUN
ftr-463	1004	27	in	in	ADP
ftr-463	1004	28	exchange	exchange	NOUN
ftr-463	1004	29	solely	solely	ADV
ftr-463	1004	30	for	for	ADP
ftr-463	1004	31	all	all	PRON
ftr-463	1004	32	or	or	CCONJ
ftr-463	1004	33	part	part	NOUN
ftr-463	1004	34	of	of	ADP
ftr-463	1004	35	the	the	DET
ftr-463	1004	36	voting	voting	NOUN
ftr-463	1004	37	stock	stock	NOUN
ftr-463	1004	38	of	of	ADP
ftr-463	1004	39	a	a	DET
ftr-463	1004	40	corporation	corporation	NOUN
ftr-463	1004	41	which	which	PRON
ftr-463	1004	42	is	be	AUX
ftr-463	1004	43	in	in	ADP
ftr-463	1004	44	control	control	NOUN
ftr-463	1004	45	of	of	ADP
ftr-463	1004	46	the	the	DET
ftr-463	1004	47	acquiring	acquire	VERB
ftr-463	1004	48	corporation)"--and	corporation)"--and	PROPN
ftr-463	1004	49	by	by	ADP
ftr-463	1004	50	enacting	enact	VERB
ftr-463	1004	51	an	an	DET
ftr-463	1004	52	anti	anti	ADJ
ftr-463	1004	53	-	-	ADJ
ftr-463	1004	54	bashford	bashford	ADJ
ftr-463	1004	55	provision	provision	NOUN
ftr-463	1004	56	,	,	PUNCT
ftr-463	1004	57	section	section	NOUN
ftr-463	1004	58	368(a)(2)(c	368(a)(2)(c	NUM
ftr-463	1004	59	)	)	PUNCT
ftr-463	1004	60	.	.	PUNCT
ftr-463	1005	1	the	the	DET
ftr-463	1005	2	parenthetical	parenthetical	NOUN
ftr-463	1005	3	in	in	ADP
ftr-463	1005	4	section	section	NOUN
ftr-463	1005	5	368(a)(1)(c	368(a)(1)(c	NUM
ftr-463	1005	6	)	)	PUNCT
ftr-463	1005	7	permits	permit	VERB
ftr-463	1005	8	the	the	DET
ftr-463	1005	9	use	use	NOUN
ftr-463	1005	10	of	of	ADP
ftr-463	1005	11	parent	parent	NOUN
ftr-463	1005	12	stock	stock	NOUN
ftr-463	1005	13	in	in	ADP
ftr-463	1005	14	c	c	NOUN
ftr-463	1005	15	reorganizations	reorganization	NOUN
ftr-463	1005	16	,	,	PUNCT
ftr-463	1005	17	while	while	SCONJ
ftr-463	1005	18	section	section	NOUN
ftr-463	1005	19	368(a)(2)(c	368(a)(2)(c	NUM
ftr-463	1005	20	)	)	PUNCT
ftr-463	1005	21	permits	permit	VERB
ftr-463	1005	22	the	the	DET
ftr-463	1005	23	target	target	NOUN
ftr-463	1005	24	's	's	PART
ftr-463	1005	25	assets	asset	NOUN
ftr-463	1005	26	to	to	PART
ftr-463	1005	27	be	be	AUX
ftr-463	1005	28	dropped	drop	VERB
ftr-463	1005	29	down	down	ADP
ftr-463	1005	30	to	to	ADP
ftr-463	1005	31	a	a	DET
ftr-463	1005	32	subsidiary	subsidiary	NOUN
ftr-463	1005	33	following	follow	VERB
ftr-463	1005	34	an	an	DET
ftr-463	1005	35	a	a	PRON
ftr-463	1005	36	or	or	CCONJ
ftr-463	1005	37	c	c	NOUN
ftr-463	1005	38	reorganization	reorganization	NOUN
ftr-463	1005	39	.	.	PUNCT
ftr-463	1006	1	in	in	ADP
ftr-463	1006	2	1964	1964	NUM
ftr-463	1006	3	,	,	PUNCT
ftr-463	1006	4	an	an	DET
ftr-463	1006	5	antigroman	antigroman	ADJ
ftr-463	1006	6	parenthetical	parenthetical	NOUN
ftr-463	1006	7	was	be	AUX
ftr-463	1006	8	added	add	VERB
ftr-463	1006	9	to	to	ADP
ftr-463	1006	10	section	section	NOUN
ftr-463	1006	11	368(a)(1)(b	368(a)(1)(b	PROPN
ftr-463	1006	12	)	)	PUNCT
ftr-463	1006	13	,	,	PUNCT
ftr-463	1006	14	permitting	permit	VERB
ftr-463	1006	15	parent	parent	NOUN
ftr-463	1006	16	stock	stock	NOUN
ftr-463	1006	17	to	to	PART
ftr-463	1006	18	be	be	AUX
ftr-463	1006	19	used	use	VERB
ftr-463	1006	20	as	as	ADP
ftr-463	1006	21	consideration	consideration	NOUN
ftr-463	1006	22	in	in	ADP
ftr-463	1006	23	a	a	DET
ftr-463	1006	24	b	b	NOUN
ftr-463	1006	25	reorganization	reorganization	NOUN
ftr-463	1006	26	.	.	PUNCT
ftr-463	1007	1	finally	finally	ADV
ftr-463	1007	2	,	,	PUNCT
ftr-463	1007	3	congress	congress	PROPN
ftr-463	1007	4	added	add	VERB
ftr-463	1007	5	section	section	NOUN
ftr-463	1007	6	368(a)(2)(d	368(a)(2)(d	PROPN
ftr-463	1007	7	)	)	PUNCT
ftr-463	1007	8	in	in	ADP
ftr-463	1007	9	1968	1968	NUM
ftr-463	1007	10	and	and	CCONJ
ftr-463	1007	11	section	section	NOUN
ftr-463	1007	12	368(a)(2)(e	368(a)(2)(e	PROPN
ftr-463	1007	13	)	)	PUNCT
ftr-463	1007	14	in	in	ADP
ftr-463	1007	15	1971	1971	NUM
ftr-463	1007	16	,	,	PUNCT
ftr-463	1007	17	thereby	thereby	ADV
ftr-463	1007	18	permitting	permit	VERB
ftr-463	1007	19	triangular	triangular	NOUN
ftr-463	1007	20	forward	forward	ADV
ftr-463	1007	21	and	and	CCONJ
ftr-463	1007	22	reverse	reverse	VERB
ftr-463	1007	23	mergers	merger	NOUN
ftr-463	1007	24	to	to	PART
ftr-463	1007	25	qualify	qualify	VERB
ftr-463	1007	26	as	as	ADP
ftr-463	1007	27	a	a	DET
ftr-463	1007	28	reorganizations	reorganization	NOUN
ftr-463	1007	29	.	.	PUNCT
ftr-463	1008	1	accompanying	accompany	VERB
ftr-463	1008	2	each	each	DET
ftr-463	1008	3	amendment	amendment	NOUN
ftr-463	1008	4	was	be	AUX
ftr-463	1008	5	an	an	DET
ftr-463	1008	6	expansion	expansion	NOUN
ftr-463	1008	7	of	of	ADP
ftr-463	1008	8	the	the	DET
ftr-463	1008	9	definition	definition	NOUN
ftr-463	1008	10	of	of	ADP
ftr-463	1008	11	a	a	DET
ftr-463	1008	12	party	party	NOUN
ftr-463	1008	13	to	to	ADP
ftr-463	1008	14	a	a	DET
ftr-463	1008	15	reorganization	reorganization	NOUN
ftr-463	1008	16	.	.	PUNCT
ftr-463	1009	1	5	5	NUM
ftr-463	1009	2	0	0	NUM
ftr-463	1009	3	150	150	NUM
ftr-463	1009	4	.	.	PUNCT
ftr-463	1010	1	see	see	VERB
ftr-463	1010	2	irc	irc	PROPN
ftr-463	1010	3	§	§	PROPN
ftr-463	1010	4	368(b	368(b	PROPN
ftr-463	1010	5	)	)	PUNCT
ftr-463	1010	6	.	.	PUNCT
ftr-463	1011	1	for	for	ADP
ftr-463	1011	2	a	a	DET
ftr-463	1011	3	discussion	discussion	NOUN
ftr-463	1011	4	of	of	ADP
ftr-463	1011	5	issues	issue	NOUN
ftr-463	1011	6	that	that	PRON
ftr-463	1011	7	remained	remain	VERB
ftr-463	1011	8	after	after	ADP
ftr-463	1011	9	these	these	DET
ftr-463	1011	10	statutory	statutory	ADJ
ftr-463	1011	11	changes	change	NOUN
ftr-463	1011	12	,	,	PUNCT
ftr-463	1011	13	see	see	VERB
ftr-463	1011	14	m.	m.	PROPN
ftr-463	1011	15	carr	carr	PROPN
ftr-463	1011	16	ferguson	ferguson	PROPN
ftr-463	1011	17	&	&	CCONJ
ftr-463	1011	18	martin	martin	PROPN
ftr-463	1011	19	d.	d.	PROPN
ftr-463	1011	20	ginsburg	ginsburg	PROPN
ftr-463	1011	21	,	,	PUNCT
ftr-463	1011	22	triangular	triangular	NOUN
ftr-463	1011	23	reorganizations	reorganization	NOUN
ftr-463	1011	24	,	,	PUNCT
ftr-463	1011	25	28	28	NUM
ftr-463	1011	26	tax	tax	NOUN
ftr-463	1011	27	.	.	PUNCT
ftr-463	1012	1	l.	l.	PROPN
ftr-463	1012	2	rev	rev	PROPN
ftr-463	1012	3	.	.	PROPN
ftr-463	1012	4	159	159	NUM
ftr-463	1012	5	(	(	PUNCT
ftr-463	1012	6	1973	1973	NUM
ftr-463	1012	7	)	)	PUNCT
ftr-463	1012	8	.	.	PUNCT
ftr-463	1013	1	[	[	X
ftr-463	1013	2	vol	vol	NOUN
ftr-463	1013	3	3:5	3:5	NUM
ftr-463	1013	4	1996	1996	NUM
ftr-463	1013	5	]	]	PUNCT
ftr-463	1013	6	devolution	devolution	NOUN
ftr-463	1013	7	&	&	CCONJ
ftr-463	1013	8	inevitable	inevitable	ADJ
ftr-463	1013	9	extinction	extinction	NOUN
ftr-463	1013	10	of	of	ADP
ftr-463	1013	11	the	the	DET
ftr-463	1013	12	continuity	continuity	NOUN
ftr-463	1013	13	of	of	ADP
ftr-463	1013	14	interest	interest	NOUN
ftr-463	1013	15	doctrinze	doctrinze	NOUN
ftr-463	1013	16	231	231	NUM
ftr-463	1013	17	several	several	ADJ
ftr-463	1013	18	years	year	NOUN
ftr-463	1013	19	after	after	SCONJ
ftr-463	1013	20	these	these	DET
ftr-463	1013	21	statutory	statutory	ADJ
ftr-463	1013	22	changes	change	NOUN
ftr-463	1013	23	were	be	AUX
ftr-463	1013	24	completed	complete	VERB
ftr-463	1013	25	,	,	PUNCT
ftr-463	1013	26	the	the	DET
ftr-463	1013	27	service	service	NOUN
ftr-463	1013	28	largely	largely	ADV
ftr-463	1013	29	abandoned	abandon	VERB
ftr-463	1013	30	its	its	PRON
ftr-463	1013	31	view	view	NOUN
ftr-463	1013	32	that	that	SCONJ
ftr-463	1013	33	consideration	consideration	NOUN
ftr-463	1013	34	remoteness	remoteness	NOUN
ftr-463	1013	35	(	(	PUNCT
ftr-463	1013	36	which	which	PRON
ftr-463	1013	37	it	it	PRON
ftr-463	1013	38	had	have	AUX
ftr-463	1013	39	asserted	assert	VERB
ftr-463	1013	40	even	even	ADV
ftr-463	1013	41	within	within	ADP
ftr-463	1013	42	a	a	DET
ftr-463	1013	43	wholly	wholly	ADV
ftr-463	1013	44	-	-	PUNCT
ftr-463	1013	45	owned	own	VERB
ftr-463	1013	46	group	group	NOUN
ftr-463	1013	47	)	)	PUNCT
ftr-463	1013	48	could	could	AUX
ftr-463	1013	49	break	break	VERB
ftr-463	1013	50	continuity.15	continuity.15	NOUN
ftr-463	1013	51	'	'	PUNCT
ftr-463	1013	52	today	today	NOUN
ftr-463	1013	53	,	,	PUNCT
ftr-463	1013	54	although	although	SCONJ
ftr-463	1013	55	there	there	PRON
ftr-463	1013	56	are	be	VERB
ftr-463	1013	57	lingering	linger	VERB
ftr-463	1013	58	remoteness	remoteness	NOUN
ftr-463	1013	59	issues	issue	NOUN
ftr-463	1013	60	,	,	PUNCT
ftr-463	1013	61	152	152	NUM
ftr-463	1013	62	remote	remote	ADJ
ftr-463	1013	63	continuity	continuity	NOUN
ftr-463	1013	64	remains	remain	VERB
ftr-463	1013	65	a	a	DET
ftr-463	1013	66	significant	significant	ADJ
ftr-463	1013	67	impediment	impediment	NOUN
ftr-463	1013	68	only	only	ADV
ftr-463	1013	69	with	with	ADP
ftr-463	1013	70	respect	respect	NOUN
ftr-463	1013	71	to	to	ADP
ftr-463	1013	72	partnership	partnership	NOUN
ftr-463	1013	73	dropdowns	dropdown	NOUN
ftr-463	1013	74	,	,	PUNCT
ftr-463	1013	75	the	the	DET
ftr-463	1013	76	use	use	NOUN
ftr-463	1013	77	of	of	ADP
ftr-463	1013	78	grandparent	grandparent	NOUN
ftr-463	1013	79	(	(	PUNCT
ftr-463	1013	80	rather	rather	ADV
ftr-463	1013	81	than	than	ADP
ftr-463	1013	82	parent	parent	NOUN
ftr-463	1013	83	)	)	PUNCT
ftr-463	1013	84	voting	voting	NOUN
ftr-463	1013	85	stock	stock	NOUN
ftr-463	1013	86	,	,	PUNCT
ftr-463	1013	87	'	'	PUNCT
ftr-463	1013	88	and	and	CCONJ
ftr-463	1013	89	the	the	DET
ftr-463	1013	90	use	use	NOUN
ftr-463	1013	91	of	of	ADP
ftr-463	1013	92	consideration	consideration	NOUN
ftr-463	1013	93	from	from	ADP
ftr-463	1013	94	two	two	NUM
ftr-463	1013	95	different	different	ADJ
ftr-463	1013	96	parties	party	NOUN
ftr-463	1013	97	.	.	PUNCT
ftr-463	1014	1	'-	'-	PROPN
ftr-463	1014	2	'	'	PUNCT
ftr-463	1014	3	and	and	CCONJ
ftr-463	1014	4	,	,	PUNCT
ftr-463	1014	5	based	base	VERB
ftr-463	1014	6	on	on	ADP
ftr-463	1014	7	the	the	DET
ftr-463	1014	8	public	public	ADJ
ftr-463	1014	9	statements	statement	NOUN
ftr-463	1014	10	of	of	ADP
ftr-463	1014	11	service	service	NOUN
ftr-463	1014	12	officials	official	NOUN
ftr-463	1014	13	,	,	PUNCT
ftr-463	1014	14	remote	remote	ADJ
ftr-463	1014	15	continuity	continuity	NOUN
ftr-463	1014	16	may	may	AUX
ftr-463	1014	17	soon	soon	ADV
ftr-463	1014	18	undergo	undergo	VERB
ftr-463	1014	19	further	further	ADJ
ftr-463	1014	20	limitations	limitation	NOUN
ftr-463	1014	21	.	.	PUNCT
ftr-463	1015	1	55	55	NUM
ftr-463	1015	2	b.	b.	NOUN
ftr-463	1015	3	the	the	DET
ftr-463	1015	4	virtual	virtual	ADJ
ftr-463	1015	5	elimination	elimination	NOUN
ftr-463	1015	6	of	of	ADP
ftr-463	1015	7	continuity	continuity	NOUN
ftr-463	1015	8	front	front	ADJ
ftr-463	1015	9	section	section	NOUN
ftr-463	1015	10	338	338	NUM
ftr-463	1015	11	integrated	integrate	VERB
ftr-463	1015	12	transactions	transaction	NOUN
ftr-463	1015	13	as	as	SCONJ
ftr-463	1015	14	discussed	discuss	VERB
ftr-463	1015	15	above	above	ADV
ftr-463	1015	16	in	in	ADP
ftr-463	1015	17	part	part	NOUN
ftr-463	1015	18	iii.d	iii.d	PROPN
ftr-463	1015	19	,	,	PUNCT
ftr-463	1015	20	the	the	DET
ftr-463	1015	21	continuity	continuity	NOUN
ftr-463	1015	22	of	of	ADP
ftr-463	1015	23	interest	interest	NOUN
ftr-463	1015	24	doctrine	doctrine	NOUN
ftr-463	1015	25	became	become	VERB
ftr-463	1015	26	a	a	DET
ftr-463	1015	27	convenient	convenient	ADJ
ftr-463	1015	28	reason	reason	NOUN
ftr-463	1015	29	for	for	ADP
ftr-463	1015	30	treating	treat	VERB
ftr-463	1015	31	the	the	DET
ftr-463	1015	32	integrated	integrate	VERB
ftr-463	1015	33	stock	stock	NOUN
ftr-463	1015	34	purchase	purchase	NOUN
ftr-463	1015	35	and	and	CCONJ
ftr-463	1015	36	merger	merger	NOUN
ftr-463	1015	37	of	of	ADP
ftr-463	1015	38	the	the	DET
ftr-463	1015	39	target	target	NOUN
ftr-463	1015	40	into	into	ADP
ftr-463	1015	41	the	the	DET
ftr-463	1015	42	acquiror	acquiror	NOUN
ftr-463	1015	43	's	's	PART
ftr-463	1015	44	subsidiary	subsidiary	NOUN
ftr-463	1015	45	as	as	ADP
ftr-463	1015	46	an	an	DET
ftr-463	1015	47	asset	asset	NOUN
ftr-463	1015	48	purchase	purchase	NOUN
ftr-463	1015	49	,	,	PUNCT
ftr-463	1015	50	permitting	permit	VERB
ftr-463	1015	51	the	the	DET
ftr-463	1015	52	subsidiary	subsidiary	NOUN
ftr-463	1015	53	a	a	DET
ftr-463	1015	54	cost	cost	NOUN
ftr-463	1015	55	basis	basis	NOUN
ftr-463	1015	56	in	in	ADP
ftr-463	1015	57	target	target	NOUN
ftr-463	1015	58	's	's	PART
ftr-463	1015	59	assets	asset	NOUN
ftr-463	1015	60	.	.	PUNCT
ftr-463	1016	1	in	in	ADP
ftr-463	1016	2	1954	1954	NUM
ftr-463	1016	3	,	,	PUNCT
ftr-463	1016	4	congress	congress	PROPN
ftr-463	1016	5	151	151	NUM
ftr-463	1016	6	.	.	PUNCT
ftr-463	1016	7	see	see	VERB
ftr-463	1016	8	rev	rev	PROPN
ftr-463	1016	9	.	.	PROPN
ftr-463	1016	10	rul	rul	NOUN
ftr-463	1016	11	.	.	PUNCT
ftr-463	1017	1	84	84	NUM
ftr-463	1017	2	-	-	SYM
ftr-463	1017	3	30	30	NUM
ftr-463	1017	4	,	,	PUNCT
ftr-463	1017	5	1984	1984	NUM
ftr-463	1017	6	-	-	SYM
ftr-463	1017	7	1	1	NUM
ftr-463	1017	8	c.b	c.b	PROPN
ftr-463	1017	9	.	.	PROPN
ftr-463	1017	10	114	114	NUM
ftr-463	1017	11	;	;	PUNCT
ftr-463	1017	12	g.c.m	g.c.m	ADJ
ftr-463	1017	13	.	.	PROPN
ftr-463	1017	14	39100	39100	NUM
ftr-463	1017	15	(	(	PUNCT
ftr-463	1017	16	may	may	AUX
ftr-463	1017	17	13	13	NUM
ftr-463	1017	18	.	.	NOUN
ftr-463	1017	19	1983	1983	NUM
ftr-463	1017	20	)	)	PUNCT
ftr-463	1017	21	.	.	PUNCT
ftr-463	1018	1	in	in	ADP
ftr-463	1018	2	1981	1981	NUM
ftr-463	1018	3	,	,	PUNCT
ftr-463	1018	4	the	the	DET
ftr-463	1018	5	service	service	NOUN
ftr-463	1018	6	ruled	rule	VERB
ftr-463	1018	7	that	that	SCONJ
ftr-463	1018	8	consideration	consideration	NOUN
ftr-463	1018	9	remoteness	remoteness	NOUN
ftr-463	1018	10	resulted	result	VERB
ftr-463	1018	11	when	when	SCONJ
ftr-463	1018	12	the	the	DET
ftr-463	1018	13	target	target	NOUN
ftr-463	1018	14	's	's	PART
ftr-463	1018	15	parent	parent	NOUN
ftr-463	1018	16	distributed	distribute	VERB
ftr-463	1018	17	acquiror	acquiror	NOUN
ftr-463	1018	18	stock	stock	NOUN
ftr-463	1018	19	to	to	ADP
ftr-463	1018	20	its	its	PRON
ftr-463	1018	21	own	own	ADJ
ftr-463	1018	22	shareholders	shareholder	NOUN
ftr-463	1018	23	after	after	ADP
ftr-463	1018	24	the	the	DET
ftr-463	1018	25	transaction	transaction	NOUN
ftr-463	1018	26	,	,	PUNCT
ftr-463	1018	27	thereby	thereby	ADV
ftr-463	1018	28	separating	separate	VERB
ftr-463	1018	29	the	the	DET
ftr-463	1018	30	consideration	consideration	NOUN
ftr-463	1018	31	(	(	PUNCT
ftr-463	1018	32	held	hold	VERB
ftr-463	1018	33	above	above	ADV
ftr-463	1018	34	by	by	ADP
ftr-463	1018	35	the	the	DET
ftr-463	1018	36	parent	parent	NOUN
ftr-463	1018	37	's	's	PART
ftr-463	1018	38	shareholders	shareholder	NOUN
ftr-463	1018	39	)	)	PUNCT
ftr-463	1018	40	from	from	ADP
ftr-463	1018	41	the	the	DET
ftr-463	1018	42	target	target	NOUN
ftr-463	1018	43	's	's	PART
ftr-463	1018	44	assets	asset	NOUN
ftr-463	1018	45	(	(	PUNCT
ftr-463	1018	46	held	hold	VERB
ftr-463	1018	47	below	below	ADV
ftr-463	1018	48	in	in	ADP
ftr-463	1018	49	acquiror	acquiror	NOUN
ftr-463	1018	50	)	)	PUNCT
ftr-463	1018	51	.	.	PUNCT
ftr-463	1019	1	g.c.m	g.c.m	PROPN
ftr-463	1019	2	.	.	PROPN
ftr-463	1019	3	38660	38660	NUM
ftr-463	1019	4	(	(	PUNCT
ftr-463	1019	5	mar	mar	PROPN
ftr-463	1019	6	.	.	PROPN
ftr-463	1019	7	19	19	NUM
ftr-463	1019	8	,	,	PUNCT
ftr-463	1019	9	1981	1981	NUM
ftr-463	1019	10	)	)	PUNCT
ftr-463	1019	11	.	.	PUNCT
ftr-463	1020	1	in	in	ADP
ftr-463	1020	2	rev	rev	PROPN
ftr-463	1020	3	.	.	PROPN
ftr-463	1020	4	rul	rul	PROPN
ftr-463	1020	5	.	.	PUNCT
ftr-463	1020	6	95	95	NUM
ftr-463	1020	7	-	-	SYM
ftr-463	1020	8	69	69	NUM
ftr-463	1020	9	,	,	PUNCT
ftr-463	1020	10	1995	1995	NUM
ftr-463	1020	11	-	-	SYM
ftr-463	1020	12	42	42	NUM
ftr-463	1020	13	i.r.b	i.r.b	NOUN
ftr-463	1020	14	.	.	PUNCT
ftr-463	1020	15	4	4	NUM
ftr-463	1020	16	(	(	PUNCT
ftr-463	1020	17	oct	oct	PROPN
ftr-463	1020	18	.	.	PROPN
ftr-463	1020	19	16	16	NUM
ftr-463	1020	20	)	)	PUNCT
ftr-463	1020	21	,	,	PUNCT
ftr-463	1020	22	the	the	DET
ftr-463	1020	23	service	service	NOUN
ftr-463	1020	24	held	hold	VERB
ftr-463	1020	25	that	that	SCONJ
ftr-463	1020	26	a	a	DET
ftr-463	1020	27	partnership	partnership	NOUN
ftr-463	1020	28	/	/	SYM
ftr-463	1020	29	shareholder	shareholder	NOUN
ftr-463	1020	30	's	's	PART
ftr-463	1020	31	distribution	distribution	NOUN
ftr-463	1020	32	of	of	ADP
ftr-463	1020	33	acquiror	acquiror	NOUN
ftr-463	1020	34	stock	stock	NOUN
ftr-463	1020	35	to	to	ADP
ftr-463	1020	36	its	its	PRON
ftr-463	1020	37	partners	partner	NOUN
ftr-463	1020	38	on	on	ADP
ftr-463	1020	39	a	a	DET
ftr-463	1020	40	pro	pro	ADJ
ftr-463	1020	41	rata	rata	ADJ
ftr-463	1020	42	basis	basis	NOUN
ftr-463	1020	43	does	do	AUX
ftr-463	1020	44	not	not	PART
ftr-463	1020	45	defeat	defeat	VERB
ftr-463	1020	46	continuity	continuity	NOUN
ftr-463	1020	47	.	.	PUNCT
ftr-463	1021	1	152	152	NUM
ftr-463	1021	2	.	.	PUNCT
ftr-463	1022	1	for	for	ADP
ftr-463	1022	2	example	example	NOUN
ftr-463	1022	3	,	,	PUNCT
ftr-463	1022	4	is	be	AUX
ftr-463	1022	5	the	the	DET
ftr-463	1022	6	conclusion	conclusion	NOUN
ftr-463	1022	7	in	in	ADP
ftr-463	1022	8	rev	rev	PROPN
ftr-463	1022	9	.	.	PROPN
ftr-463	1022	10	rul	rul	NOUN
ftr-463	1022	11	.	.	PUNCT
ftr-463	1023	1	84	84	NUM
ftr-463	1023	2	-	-	SYM
ftr-463	1023	3	30	30	NUM
ftr-463	1023	4	,	,	PUNCT
ftr-463	1023	5	supra	supra	PROPN
ftr-463	1023	6	note	note	NOUN
ftr-463	1023	7	151	151	NUM
ftr-463	1023	8	.	.	PUNCT
ftr-463	1023	9	limited	limit	VERB
ftr-463	1023	10	to	to	ADP
ftr-463	1023	11	transactions	transaction	NOUN
ftr-463	1023	12	among	among	ADP
ftr-463	1023	13	a	a	DET
ftr-463	1023	14	wholly	wholly	ADV
ftr-463	1023	15	-	-	PUNCT
ftr-463	1023	16	owned	own	VERB
ftr-463	1023	17	group	group	NOUN
ftr-463	1023	18	?	?	PUNCT
ftr-463	1024	1	for	for	ADP
ftr-463	1024	2	a	a	DET
ftr-463	1024	3	discussion	discussion	NOUN
ftr-463	1024	4	of	of	ADP
ftr-463	1024	5	this	this	DET
ftr-463	1024	6	issue	issue	NOUN
ftr-463	1024	7	,	,	PUNCT
ftr-463	1024	8	see	see	VERB
ftr-463	1024	9	ginsburg	ginsburg	PROPN
ftr-463	1024	10	&	&	CCONJ
ftr-463	1024	11	levin	levin	PROPN
ftr-463	1024	12	,	,	PUNCT
ftr-463	1024	13	supra	supra	PROPN
ftr-463	1024	14	note	note	PROPN
ftr-463	1024	15	1	1	NUM
ftr-463	1024	16	,	,	PUNCT
ftr-463	1024	17	§	§	PROPN
ftr-463	1024	18	610.11.1	610.11.1	NOUN
ftr-463	1024	19	at	at	ADP
ftr-463	1024	20	631	631	NUM
ftr-463	1024	21	-	-	SYM
ftr-463	1024	22	32	32	NUM
ftr-463	1024	23	.	.	PUNCT
ftr-463	1025	1	153	153	NUM
ftr-463	1025	2	.	.	PUNCT
ftr-463	1026	1	see	see	VERB
ftr-463	1026	2	james	james	PROPN
ftr-463	1026	3	a.	a.	PROPN
ftr-463	1026	4	nitsche	nitsche	PROPN
ftr-463	1026	5	,	,	PUNCT
ftr-463	1026	6	"	"	PUNCT
ftr-463	1026	7	asset	asset	NOUN
ftr-463	1026	8	remoteness	remoteness	NOUN
ftr-463	1026	9	"	"	PUNCT
ftr-463	1026	10	problems	problem	NOUN
ftr-463	1026	11	persist	persist	VERB
ftr-463	1026	12	in	in	ADP
ftr-463	1026	13	affiliated	affiliated	ADJ
ftr-463	1026	14	group	group	NOUN
ftr-463	1026	15	acquisitive	acquisitive	ADJ
ftr-463	1026	16	reorganizations	reorganization	NOUN
ftr-463	1026	17	,	,	PUNCT
ftr-463	1026	18	83	83	NUM
ftr-463	1026	19	j.	j.	NOUN
ftr-463	1026	20	tax'n	tax'n	PROPN
ftr-463	1026	21	94	94	NUM
ftr-463	1026	22	,	,	PUNCT
ftr-463	1026	23	97	97	NUM
ftr-463	1026	24	(	(	PUNCT
ftr-463	1026	25	1995	1995	NUM
ftr-463	1026	26	)	)	PUNCT
ftr-463	1026	27	.	.	PUNCT
ftr-463	1027	1	154	154	NUM
ftr-463	1027	2	.	.	PUNCT
ftr-463	1028	1	the	the	DET
ftr-463	1028	2	anti	anti	ADJ
ftr-463	1028	3	-	-	ADJ
ftr-463	1028	4	groman	groman	ADJ
ftr-463	1028	5	parentheticals	parenthetical	NOUN
ftr-463	1028	6	permit	permit	VERB
ftr-463	1028	7	solely	solely	ADV
ftr-463	1028	8	voting	vote	VERB
ftr-463	1028	9	stock	stock	NOUN
ftr-463	1028	10	consideration	consideration	NOUN
ftr-463	1028	11	from	from	ADP
ftr-463	1028	12	either	either	CCONJ
ftr-463	1028	13	the	the	DET
ftr-463	1028	14	acquiror	acquiror	NOUN
ftr-463	1028	15	"	"	PUNCT
ftr-463	1028	16	or	or	CCONJ
ftr-463	1028	17	"	"	PUNCT
ftr-463	1028	18	its	its	PRON
ftr-463	1028	19	parent	parent	NOUN
ftr-463	1028	20	,	,	PUNCT
ftr-463	1028	21	and	and	CCONJ
ftr-463	1028	22	not	not	PART
ftr-463	1028	23	acquiror	acquiror	NOUN
ftr-463	1028	24	"	"	PUNCT
ftr-463	1028	25	and/or	and/or	CCONJ
ftr-463	1028	26	"	"	PUNCT
ftr-463	1028	27	its	its	PRON
ftr-463	1028	28	parent	parent	NOUN
ftr-463	1028	29	.	.	PUNCT
ftr-463	1029	1	see	see	VERB
ftr-463	1029	2	irc	irc	PROPN
ftr-463	1029	3	§	§	PROPN
ftr-463	1029	4	368(a	368(a	PROPN
ftr-463	1029	5	)	)	PUNCT
ftr-463	1029	6	(	(	PUNCT
ftr-463	1029	7	i)(b	i)(b	NUM
ftr-463	1029	8	)	)	PUNCT
ftr-463	1029	9	(	(	PUNCT
ftr-463	1029	10	parenthetical	parenthetical	NOUN
ftr-463	1029	11	)	)	PUNCT
ftr-463	1029	12	,	,	PUNCT
ftr-463	1029	13	(	(	PUNCT
ftr-463	1029	14	c	c	X
ftr-463	1029	15	)	)	PUNCT
ftr-463	1029	16	(	(	PUNCT
ftr-463	1029	17	parenthetical	parenthetical	NOUN
ftr-463	1029	18	)	)	PUNCT
ftr-463	1029	19	.	.	PUNCT
ftr-463	1030	1	however	however	ADV
ftr-463	1030	2	,	,	PUNCT
ftr-463	1030	3	the	the	DET
ftr-463	1030	4	regulations	regulation	NOUN
ftr-463	1030	5	state	state	NOUN
ftr-463	1030	6	:	:	PUNCT
ftr-463	1030	7	as	as	SCONJ
ftr-463	1030	8	used	use	VERB
ftr-463	1030	9	in	in	ADP
ftr-463	1030	10	section	section	NOUN
ftr-463	1030	11	368	368	NUM
ftr-463	1030	12	,	,	PUNCT
ftr-463	1030	13	as	as	ADV
ftr-463	1030	14	well	well	ADV
ftr-463	1030	15	as	as	ADP
ftr-463	1030	16	in	in	ADP
ftr-463	1030	17	other	other	ADJ
ftr-463	1030	18	provisions	provision	NOUN
ftr-463	1030	19	of	of	ADP
ftr-463	1030	20	the	the	DET
ftr-463	1030	21	internal	internal	ADJ
ftr-463	1030	22	revenue	revenue	NOUN
ftr-463	1030	23	code	code	NOUN
ftr-463	1030	24	,	,	PUNCT
ftr-463	1030	25	if	if	SCONJ
ftr-463	1030	26	the	the	DET
ftr-463	1030	27	context	context	NOUN
ftr-463	1030	28	so	so	ADV
ftr-463	1030	29	requires	require	VERB
ftr-463	1030	30	,	,	PUNCT
ftr-463	1030	31	the	the	DET
ftr-463	1030	32	conjunction	conjunction	NOUN
ftr-463	1030	33	'	'	PUNCT
ftr-463	1030	34	or	or	CCONJ
ftr-463	1030	35	'	'	PUNCT
ftr-463	1030	36	denotes	denote	VERB
ftr-463	1030	37	both	both	CCONJ
ftr-463	1030	38	the	the	DET
ftr-463	1030	39	conjunctive	conjunctive	NOUN
ftr-463	1030	40	and	and	CCONJ
ftr-463	1030	41	the	the	DET
ftr-463	1030	42	disjunctive	disjunctive	ADJ
ftr-463	1030	43	,	,	PUNCT
ftr-463	1030	44	and	and	CCONJ
ftr-463	1030	45	the	the	DET
ftr-463	1030	46	singular	singular	NOUN
ftr-463	1030	47	includes	include	VERB
ftr-463	1030	48	the	the	DET
ftr-463	1030	49	plural	plural	NOUN
ftr-463	1030	50	.	.	PUNCT
ftr-463	1031	1	for	for	ADP
ftr-463	1031	2	example	example	NOUN
ftr-463	1031	3	,	,	PUNCT
ftr-463	1031	4	the	the	DET
ftr-463	1031	5	provisions	provision	NOUN
ftr-463	1031	6	of	of	ADP
ftr-463	1031	7	the	the	DET
ftr-463	1031	8	statute	statute	NOUN
ftr-463	1031	9	are	be	AUX
ftr-463	1031	10	complied	comply	VERB
ftr-463	1031	11	with	with	ADP
ftr-463	1031	12	if	if	SCONJ
ftr-463	1031	13	'	'	PUNCT
ftr-463	1031	14	stock	stock	NOUN
ftr-463	1031	15	and	and	CCONJ
ftr-463	1031	16	securities	security	NOUN
ftr-463	1031	17	'	'	PART
ftr-463	1031	18	are	be	AUX
ftr-463	1031	19	received	receive	VERB
ftr-463	1031	20	in	in	ADP
ftr-463	1031	21	exchange	exchange	NOUN
ftr-463	1031	22	as	as	ADV
ftr-463	1031	23	well	well	ADV
ftr-463	1031	24	as	as	ADP
ftr-463	1031	25	if	if	SCONJ
ftr-463	1031	26	'	'	PUNCT
ftr-463	1031	27	stock	stock	NOUN
ftr-463	1031	28	or	or	CCONJ
ftr-463	1031	29	securities	security	NOUN
ftr-463	1031	30	'	'	PUNCT
ftr-463	1031	31	are	be	AUX
ftr-463	1031	32	received	receive	VERB
ftr-463	1031	33	.	.	PUNCT
ftr-463	1032	1	regs	reg	NOUN
ftr-463	1032	2	.	.	PUNCT
ftr-463	1033	1	§	§	PROPN
ftr-463	1033	2	1.368	1.368	NUM
ftr-463	1033	3	-	-	SYM
ftr-463	1033	4	2(h	2(h	NUM
ftr-463	1033	5	)	)	PUNCT
ftr-463	1033	6	.	.	PUNCT
ftr-463	1034	1	section	section	NOUN
ftr-463	1034	2	368(a)(2)(d	368(a)(2)(d	PROPN
ftr-463	1034	3	)	)	PUNCT
ftr-463	1034	4	is	be	AUX
ftr-463	1034	5	clear	clear	ADJ
ftr-463	1034	6	that	that	SCONJ
ftr-463	1034	7	only	only	ADV
ftr-463	1034	8	parent	parent	NOUN
ftr-463	1034	9	-	-	PUNCT
ftr-463	1034	10	and	and	CCONJ
ftr-463	1034	11	not	not	PART
ftr-463	1034	12	subsidiary	subsidiary	NOUN
ftr-463	1034	13	-	-	PUNCT
ftr-463	1034	14	stock	stock	NOUN
ftr-463	1034	15	may	may	AUX
ftr-463	1034	16	be	be	AUX
ftr-463	1034	17	used	use	VERB
ftr-463	1034	18	.	.	PUNCT
ftr-463	1035	1	see	see	VERB
ftr-463	1035	2	irc	irc	PROPN
ftr-463	1035	3	§	§	PROPN
ftr-463	1035	4	368(a)(2)(d)(i	368(a)(2)(d)(i	NUM
ftr-463	1035	5	)	)	PUNCT
ftr-463	1035	6	.	.	PUNCT
ftr-463	1036	1	section	section	PROPN
ftr-463	1036	2	368(a)(2)(e	368(a)(2)(e	NUM
ftr-463	1036	3	)	)	PUNCT
ftr-463	1036	4	is	be	AUX
ftr-463	1036	5	ambiguous	ambiguous	ADJ
ftr-463	1036	6	on	on	ADP
ftr-463	1036	7	this	this	DET
ftr-463	1036	8	point	point	NOUN
ftr-463	1036	9	.	.	PUNCT
ftr-463	1037	1	155	155	X
ftr-463	1037	2	.	.	PUNCT
ftr-463	1038	1	see	see	VERB
ftr-463	1038	2	juliann	juliann	PROPN
ftr-463	1038	3	avakian	avakian	PROPN
ftr-463	1038	4	martin	martin	PROPN
ftr-463	1038	5	,	,	PUNCT
ftr-463	1038	6	irs	irs	PROPN
ftr-463	1038	7	considers	consider	VERB
ftr-463	1038	8	guidance	guidance	NOUN
ftr-463	1038	9	of	of	ADP
ftr-463	1038	10	postreorganization	postreorganization	NOUN
ftr-463	1038	11	sales	sale	NOUN
ftr-463	1038	12	and	and	CCONJ
ftr-463	1038	13	continuity	continuity	NOUN
ftr-463	1038	14	of	of	ADP
ftr-463	1038	15	interest	interest	NOUN
ftr-463	1038	16	,	,	PUNCT
ftr-463	1038	17	96	96	NUM
ftr-463	1038	18	tnt	tnt	PROPN
ftr-463	1038	19	55	55	NUM
ftr-463	1038	20	-	-	SYM
ftr-463	1038	21	9	9	NUM
ftr-463	1038	22	(	(	PUNCT
ftr-463	1038	23	mar	mar	PROPN
ftr-463	1038	24	.	.	PROPN
ftr-463	1038	25	19	19	NUM
ftr-463	1038	26	,	,	PUNCT
ftr-463	1038	27	1996	1996	NUM
ftr-463	1038	28	)	)	PUNCT
ftr-463	1038	29	(	(	PUNCT
ftr-463	1038	30	quoting	quote	VERB
ftr-463	1038	31	nelson	nelson	PROPN
ftr-463	1038	32	f.	f.	PROPN
ftr-463	1038	33	crouch	crouch	PROPN
ftr-463	1038	34	.	.	PUNCT
ftr-463	1039	1	chief	chief	NOUN
ftr-463	1039	2	of	of	ADP
ftr-463	1039	3	branch	branch	NOUN
ftr-463	1039	4	1	1	NUM
ftr-463	1039	5	,	,	PUNCT
ftr-463	1039	6	remarking	remark	VERB
ftr-463	1039	7	on	on	ADP
ftr-463	1039	8	general	general	ADJ
ftr-463	1039	9	counsel	counsel	NOUN
ftr-463	1039	10	memoranda	memoranda	X
ftr-463	1039	11	39150	39150	NUM
ftr-463	1039	12	and	and	CCONJ
ftr-463	1039	13	35117	35117	NUM
ftr-463	1039	14	,	,	PUNCT
ftr-463	1039	15	which	which	PRON
ftr-463	1039	16	conclude	conclude	VERB
ftr-463	1039	17	that	that	SCONJ
ftr-463	1039	18	continuity	continuity	NOUN
ftr-463	1039	19	may	may	AUX
ftr-463	1039	20	be	be	AUX
ftr-463	1039	21	broken	break	VERB
ftr-463	1039	22	on	on	ADP
ftr-463	1039	23	a	a	DET
ftr-463	1039	24	post	post	ADJ
ftr-463	1039	25	-	-	ADJ
ftr-463	1039	26	reorganization	reorganization	ADJ
ftr-463	1039	27	drop	drop	NOUN
ftr-463	1039	28	-	-	PUNCT
ftr-463	1039	29	down	down	NOUN
ftr-463	1039	30	to	to	ADP
ftr-463	1039	31	a	a	DET
ftr-463	1039	32	partnership	partnership	NOUN
ftr-463	1039	33	:	:	PUNCT
ftr-463	1039	34	"	"	PUNCT
ftr-463	1039	35	the	the	DET
ftr-463	1039	36	gcms	gcms	NOUN
ftr-463	1039	37	are	be	AUX
ftr-463	1039	38	out	out	ADV
ftr-463	1039	39	there	there	ADV
ftr-463	1039	40	...	...	PUNCT
ftr-463	1040	1	and	and	CCONJ
ftr-463	1040	2	we	we	PRON
ftr-463	1040	3	do	do	AUX
ftr-463	1040	4	n't	not	PART
ftr-463	1040	5	like	like	VERB
ftr-463	1040	6	them	they	PRON
ftr-463	1040	7	anymore	anymore	ADV
ftr-463	1040	8	"	"	PUNCT
ftr-463	1040	9	)	)	PUNCT
ftr-463	1040	10	.	.	PUNCT
ftr-463	1041	1	florida	florida	PROPN
ftr-463	1041	2	tax	tax	PROPN
ftr-463	1041	3	review	review	NOUN
ftr-463	1041	4	confirmed	confirm	VERB
ftr-463	1041	5	acquirors	acquiror	NOUN
ftr-463	1041	6	'	'	PART
ftr-463	1041	7	ability	ability	NOUN
ftr-463	1041	8	to	to	PART
ftr-463	1041	9	achieve	achieve	VERB
ftr-463	1041	10	a	a	DET
ftr-463	1041	11	cost	cost	NOUN
ftr-463	1041	12	basis	basis	NOUN
ftr-463	1041	13	in	in	ADP
ftr-463	1041	14	certain	certain	ADJ
ftr-463	1041	15	integrated	integrated	ADJ
ftr-463	1041	16	stock	stock	NOUN
ftr-463	1041	17	purchases	purchase	NOUN
ftr-463	1041	18	by	by	ADP
ftr-463	1041	19	enacting	enact	VERB
ftr-463	1041	20	section	section	NOUN
ftr-463	1041	21	334(b)(2	334(b)(2	NUM
ftr-463	1041	22	)	)	PUNCT
ftr-463	1041	23	,	,	PUNCT
ftr-463	1041	24	and	and	CCONJ
ftr-463	1041	25	it	it	PRON
ftr-463	1041	26	reaffirmed	reaffirm	VERB
ftr-463	1041	27	this	this	DET
ftr-463	1041	28	treatment	treatment	NOUN
ftr-463	1041	29	in	in	ADP
ftr-463	1041	30	1982	1982	NUM
ftr-463	1041	31	,	,	PUNCT
ftr-463	1041	32	when	when	SCONJ
ftr-463	1041	33	it	it	PRON
ftr-463	1041	34	substituted	substitute	VERB
ftr-463	1041	35	the	the	DET
ftr-463	1041	36	present	present	ADJ
ftr-463	1041	37	section	section	NOUN
ftr-463	1041	38	338	338	NUM
ftr-463	1041	39	for	for	ADP
ftr-463	1041	40	section	section	NOUN
ftr-463	1041	41	334(b)(2	334(b)(2	NUM
ftr-463	1041	42	)	)	PUNCT
ftr-463	1041	43	.	.	PUNCT
ftr-463	1042	1	however	however	ADV
ftr-463	1042	2	,	,	PUNCT
ftr-463	1042	3	by	by	ADP
ftr-463	1042	4	eliminating	eliminate	VERB
ftr-463	1042	5	the	the	DET
ftr-463	1042	6	need	need	NOUN
ftr-463	1042	7	to	to	PART
ftr-463	1042	8	rely	rely	VERB
ftr-463	1042	9	on	on	ADP
ftr-463	1042	10	a	a	DET
ftr-463	1042	11	judicial	judicial	ADJ
ftr-463	1042	12	doctrine	doctrine	NOUN
ftr-463	1042	13	to	to	PART
ftr-463	1042	14	achieve	achieve	VERB
ftr-463	1042	15	the	the	DET
ftr-463	1042	16	desired	desire	VERB
ftr-463	1042	17	result	result	NOUN
ftr-463	1042	18	,	,	PUNCT
ftr-463	1042	19	congress	congress	PROPN
ftr-463	1042	20	further	far	ADV
ftr-463	1042	21	complicated	complicate	VERB
ftr-463	1042	22	continuity	continuity	NOUN
ftr-463	1042	23	analysis	analysis	NOUN
ftr-463	1042	24	.	.	PUNCT
ftr-463	1043	1	this	this	DET
ftr-463	1043	2	confusion	confusion	NOUN
ftr-463	1043	3	continues	continue	VERB
ftr-463	1043	4	,	,	PUNCT
ftr-463	1043	5	but	but	CCONJ
ftr-463	1043	6	,	,	PUNCT
ftr-463	1043	7	under	under	ADP
ftr-463	1043	8	recently	recently	ADV
ftr-463	1043	9	issued	issue	VERB
ftr-463	1043	10	regulations	regulation	NOUN
ftr-463	1043	11	,	,	PUNCT
ftr-463	1043	12	the	the	DET
ftr-463	1043	13	continuity	continuity	NOUN
ftr-463	1043	14	of	of	ADP
ftr-463	1043	15	interest	interest	NOUN
ftr-463	1043	16	doctrine	doctrine	NOUN
ftr-463	1043	17	is	be	AUX
ftr-463	1043	18	significantly	significantly	ADV
ftr-463	1043	19	limited	limit	VERB
ftr-463	1043	20	for	for	ADP
ftr-463	1043	21	integrated	integrate	VERB
ftr-463	1043	22	qualified	qualified	ADJ
ftr-463	1043	23	stock	stock	NOUN
ftr-463	1043	24	purchase	purchase	NOUN
ftr-463	1043	25	and	and	CCONJ
ftr-463	1043	26	merger	merger	NOUN
ftr-463	1043	27	transactions	transaction	NOUN
ftr-463	1043	28	.	.	PUNCT
ftr-463	1044	1	section	section	NOUN
ftr-463	1044	2	334(b)(2	334(b)(2	NUM
ftr-463	1044	3	)	)	PUNCT
ftr-463	1044	4	was	be	AUX
ftr-463	1044	5	enacted	enact	VERB
ftr-463	1044	6	as	as	ADP
ftr-463	1044	7	part	part	NOUN
ftr-463	1044	8	of	of	ADP
ftr-463	1044	9	the	the	DET
ftr-463	1044	10	1954	1954	NUM
ftr-463	1044	11	code	code	NOUN
ftr-463	1044	12	to	to	PART
ftr-463	1044	13	replace	replace	VERB
ftr-463	1044	14	the	the	DET
ftr-463	1044	15	subjective	subjective	ADJ
ftr-463	1044	16	integrated	integrate	VERB
ftr-463	1044	17	transaction	transaction	NOUN
ftr-463	1044	18	doctrine	doctrine	NOUN
ftr-463	1044	19	with	with	ADP
ftr-463	1044	20	an	an	DET
ftr-463	1044	21	objective	objective	ADJ
ftr-463	1044	22	test	test	NOUN
ftr-463	1044	23	,	,	PUNCT
ftr-463	1044	24	which	which	PRON
ftr-463	1044	25	permitted	permit	VERB
ftr-463	1044	26	the	the	DET
ftr-463	1044	27	acquiror	acquiror	NOUN
ftr-463	1044	28	a	a	DET
ftr-463	1044	29	cost	cost	NOUN
ftr-463	1044	30	basis	basis	NOUN
ftr-463	1044	31	in	in	ADP
ftr-463	1044	32	the	the	DET
ftr-463	1044	33	target	target	NOUN
ftr-463	1044	34	's	's	PART
ftr-463	1044	35	assets	asset	NOUN
ftr-463	1044	36	if	if	SCONJ
ftr-463	1044	37	it	it	PRON
ftr-463	1044	38	made	make	VERB
ftr-463	1044	39	a	a	DET
ftr-463	1044	40	"	"	PUNCT
ftr-463	1044	41	qualified	qualified	ADJ
ftr-463	1044	42	stock	stock	NOUN
ftr-463	1044	43	purchase	purchase	NOUN
ftr-463	1044	44	"	"	PUNCT
ftr-463	1044	45	of	of	ADP
ftr-463	1044	46	at	at	ADV
ftr-463	1044	47	least	least	ADV
ftr-463	1044	48	80	80	NUM
ftr-463	1044	49	%	%	NOUN
ftr-463	1044	50	by	by	ADP
ftr-463	1044	51	value	value	NOUN
ftr-463	1044	52	of	of	ADP
ftr-463	1044	53	the	the	DET
ftr-463	1044	54	target	target	NOUN
ftr-463	1044	55	's	's	PART
ftr-463	1044	56	stock	stock	NOUN
ftr-463	1044	57	(	(	PUNCT
ftr-463	1044	58	excluding	exclude	VERB
ftr-463	1044	59	certain	certain	ADJ
ftr-463	1044	60	preferred	preferred	ADJ
ftr-463	1044	61	stock	stock	NOUN
ftr-463	1044	62	)	)	PUNCT
ftr-463	1044	63	and	and	CCONJ
ftr-463	1044	64	liquidated	liquidate	VERB
ftr-463	1044	65	the	the	DET
ftr-463	1044	66	target	target	NOUN
ftr-463	1044	67	in	in	ADP
ftr-463	1044	68	a	a	DET
ftr-463	1044	69	transaction	transaction	NOUN
ftr-463	1044	70	meeting	meet	VERB
ftr-463	1044	71	various	various	ADJ
ftr-463	1044	72	requirements	requirement	NOUN
ftr-463	1044	73	.	.	PUNCT
ftr-463	1045	1	56	56	NUM
ftr-463	1045	2	the	the	DET
ftr-463	1045	3	treatment	treatment	NOUN
ftr-463	1045	4	of	of	ADP
ftr-463	1045	5	nonqualifying	nonqualifye	VERB
ftr-463	1045	6	stock	stock	NOUN
ftr-463	1045	7	purchases	purchase	NOUN
ftr-463	1045	8	followed	follow	VERB
ftr-463	1045	9	by	by	ADP
ftr-463	1045	10	liquidations	liquidation	NOUN
ftr-463	1045	11	and	and	CCONJ
ftr-463	1045	12	of	of	ADP
ftr-463	1045	13	qualified	qualified	ADJ
ftr-463	1045	14	stock	stock	NOUN
ftr-463	1045	15	purchases	purchase	NOUN
ftr-463	1045	16	followed	follow	VERB
ftr-463	1045	17	by	by	ADP
ftr-463	1045	18	statutory	statutory	ADJ
ftr-463	1045	19	mergers	merger	NOUN
ftr-463	1045	20	and	and	CCONJ
ftr-463	1045	21	other	other	ADJ
ftr-463	1045	22	asset	asset	NOUN
ftr-463	1045	23	transfers	transfer	NOUN
ftr-463	1045	24	that	that	PRON
ftr-463	1045	25	failed	fail	VERB
ftr-463	1045	26	to	to	PART
ftr-463	1045	27	qualify	qualify	VERB
ftr-463	1045	28	as	as	SCONJ
ftr-463	1045	29	liquidations	liquidation	NOUN
ftr-463	1045	30	was	be	AUX
ftr-463	1045	31	left	leave	VERB
ftr-463	1045	32	to	to	ADP
ftr-463	1045	33	common	common	ADJ
ftr-463	1045	34	law	law	NOUN
ftr-463	1045	35	.	.	PUNCT
ftr-463	1046	1	in	in	ADP
ftr-463	1046	2	1982	1982	NUM
ftr-463	1046	3	,	,	PUNCT
ftr-463	1046	4	congress	congress	PROPN
ftr-463	1046	5	replaced	replace	VERB
ftr-463	1046	6	section	section	NOUN
ftr-463	1046	7	334(b)(2	334(b)(2	NUM
ftr-463	1046	8	)	)	PUNCT
ftr-463	1046	9	with	with	ADP
ftr-463	1046	10	section	section	NOUN
ftr-463	1046	11	338	338	NUM
ftr-463	1046	12	,	,	PUNCT
ftr-463	1046	13	which	which	PRON
ftr-463	1046	14	permits	permit	VERB
ftr-463	1046	15	acquirors	acquiror	NOUN
ftr-463	1046	16	to	to	PART
ftr-463	1046	17	elect	elect	VERB
ftr-463	1046	18	to	to	PART
ftr-463	1046	19	treat	treat	VERB
ftr-463	1046	20	a	a	DET
ftr-463	1046	21	qualified	qualified	ADJ
ftr-463	1046	22	stock	stock	NOUN
ftr-463	1046	23	purchase	purchase	NOUN
ftr-463	1046	24	as	as	ADP
ftr-463	1046	25	an	an	DET
ftr-463	1046	26	asset	asset	NOUN
ftr-463	1046	27	purchase	purchase	NOUN
ftr-463	1046	28	,	,	PUNCT
ftr-463	1046	29	but	but	CCONJ
ftr-463	1046	30	treats	treat	VERB
ftr-463	1046	31	the	the	DET
ftr-463	1046	32	target	target	NOUN
ftr-463	1046	33	as	as	ADP
ftr-463	1046	34	selling	sell	VERB
ftr-463	1046	35	its	its	PRON
ftr-463	1046	36	assets	asset	NOUN
ftr-463	1046	37	for	for	ADP
ftr-463	1046	38	fair	fair	ADJ
ftr-463	1046	39	market	market	NOUN
ftr-463	1046	40	value	value	NOUN
ftr-463	1046	41	to	to	ADP
ftr-463	1046	42	a	a	DET
ftr-463	1046	43	new	new	ADJ
ftr-463	1046	44	target	target	NOUN
ftr-463	1046	45	that	that	PRON
ftr-463	1046	46	does	do	AUX
ftr-463	1046	47	not	not	PART
ftr-463	1046	48	succeed	succeed	VERB
ftr-463	1046	49	to	to	ADP
ftr-463	1046	50	the	the	DET
ftr-463	1046	51	original	original	ADJ
ftr-463	1046	52	target	target	NOUN
ftr-463	1046	53	's	's	PART
ftr-463	1046	54	corporate	corporate	ADJ
ftr-463	1046	55	tax	tax	NOUN
ftr-463	1046	56	attributes	attribute	NOUN
ftr-463	1046	57	.	.	PUNCT
ftr-463	1047	1	under	under	ADP
ftr-463	1047	2	pre-1987	pre-1987	NOUN
ftr-463	1047	3	law	law	NOUN
ftr-463	1047	4	,	,	PUNCT
ftr-463	1047	5	this	this	DET
ftr-463	1047	6	deemed	deem	VERB
ftr-463	1047	7	asset	asset	NOUN
ftr-463	1047	8	sale	sale	NOUN
ftr-463	1047	9	was	be	AUX
ftr-463	1047	10	tax	tax	NOUN
ftr-463	1047	11	-	-	PUNCT
ftr-463	1047	12	free	free	ADJ
ftr-463	1047	13	to	to	ADP
ftr-463	1047	14	the	the	DET
ftr-463	1047	15	target	target	NOUN
ftr-463	1047	16	(	(	PUNCT
ftr-463	1047	17	except	except	SCONJ
ftr-463	1047	18	to	to	ADP
ftr-463	1047	19	the	the	DET
ftr-463	1047	20	extent	extent	NOUN
ftr-463	1047	21	of	of	ADP
ftr-463	1047	22	certain	certain	ADJ
ftr-463	1047	23	recapture	recapture	NOUN
ftr-463	1047	24	income).'57	income).'57	NOUN
ftr-463	1047	25	in	in	ADP
ftr-463	1047	26	an	an	DET
ftr-463	1047	27	oft	oft	ADV
ftr-463	1047	28	-	-	PUNCT
ftr-463	1047	29	quoted	quote	VERB
ftr-463	1047	30	passage	passage	NOUN
ftr-463	1047	31	,	,	PUNCT
ftr-463	1047	32	the	the	DET
ftr-463	1047	33	conference	conference	NOUN
ftr-463	1047	34	report	report	NOUN
ftr-463	1047	35	accompanying	accompany	VERB
ftr-463	1047	36	section	section	NOUN
ftr-463	1047	37	338	338	NUM
ftr-463	1047	38	states	state	NOUN
ftr-463	1047	39	that	that	SCONJ
ftr-463	1047	40	the	the	DET
ftr-463	1047	41	provision	provision	NOUN
ftr-463	1047	42	was	be	AUX
ftr-463	1047	43	"	"	PUNCT
ftr-463	1047	44	intended	intend	VERB
ftr-463	1047	45	to	to	PART
ftr-463	1047	46	replace	replace	VERB
ftr-463	1047	47	any	any	DET
ftr-463	1047	48	nonstatutory	nonstatutory	ADJ
ftr-463	1047	49	treatment	treatment	NOUN
ftr-463	1047	50	of	of	ADP
ftr-463	1047	51	a	a	DET
ftr-463	1047	52	stock	stock	NOUN
ftr-463	1047	53	purchase	purchase	NOUN
ftr-463	1047	54	as	as	ADP
ftr-463	1047	55	an	an	DET
ftr-463	1047	56	asset	asset	NOUN
ftr-463	1047	57	purchase	purchase	NOUN
ftr-463	1047	58	under	under	ADP
ftr-463	1047	59	the	the	DET
ftr-463	1047	60	kimbell	kimbell	NOUN
ftr-463	1047	61	-	-	PUNCT
ftr-463	1047	62	diamond	diamond	NOUN
ftr-463	1047	63	doctrine	doctrine	NOUN
ftr-463	1047	64	.	.	PUNCT
ftr-463	1048	1	"	"	PUNCT
ftr-463	1048	2	''	''	PUNCT
ftr-463	1048	3	58	58	NUM
ftr-463	1048	4	in	in	ADP
ftr-463	1048	5	revenue	revenue	NOUN
ftr-463	1048	6	ruling	rule	VERB
ftr-463	1048	7	90	90	NUM
ftr-463	1048	8	-	-	SYM
ftr-463	1048	9	95	95	NUM
ftr-463	1048	10	,	,	PUNCT
ftr-463	1048	11	159	159	NUM
ftr-463	1048	12	the	the	DET
ftr-463	1048	13	service	service	NOUN
ftr-463	1048	14	relied	rely	VERB
ftr-463	1048	15	on	on	ADP
ftr-463	1048	16	this	this	DET
ftr-463	1048	17	language	language	NOUN
ftr-463	1048	18	in	in	ADP
ftr-463	1048	19	interpreting	interpret	VERB
ftr-463	1048	20	section	section	NOUN
ftr-463	1048	21	338	338	NUM
ftr-463	1048	22	as	as	ADP
ftr-463	1048	23	preempting	preempt	VERB
ftr-463	1048	24	and	and	CCONJ
ftr-463	1048	25	reversing	reverse	VERB
ftr-463	1048	26	the	the	DET
ftr-463	1048	27	kimbell	kimbell	NOUN
ftr-463	1048	28	-	-	PUNCT
ftr-463	1048	29	diamond	diamond	NOUN
ftr-463	1048	30	doctrine	doctrine	NOUN
ftr-463	1048	31	with	with	ADP
ftr-463	1048	32	respect	respect	NOUN
ftr-463	1048	33	to	to	ADP
ftr-463	1048	34	a	a	DET
ftr-463	1048	35	qualified	qualified	ADJ
ftr-463	1048	36	stock	stock	NOUN
ftr-463	1048	37	purchase	purchase	NOUN
ftr-463	1048	38	followed	follow	VERB
ftr-463	1048	39	by	by	ADP
ftr-463	1048	40	the	the	DET
ftr-463	1048	41	target	target	NOUN
ftr-463	1048	42	's	's	PART
ftr-463	1048	43	liquidation	liquidation	NOUN
ftr-463	1048	44	where	where	SCONJ
ftr-463	1048	45	a	a	DET
ftr-463	1048	46	section	section	NOUN
ftr-463	1048	47	338	338	NUM
ftr-463	1048	48	election	election	NOUN
ftr-463	1048	49	is	be	AUX
ftr-463	1048	50	not	not	PART
ftr-463	1048	51	made	make	VERB
ftr-463	1048	52	.	.	PUNCT
ftr-463	1049	1	"6	"6	VERB
ftr-463	1049	2	in	in	ADP
ftr-463	1049	3	other	other	ADJ
ftr-463	1049	4	words	word	NOUN
ftr-463	1049	5	,	,	PUNCT
ftr-463	1049	6	a	a	DET
ftr-463	1049	7	156	156	NUM
ftr-463	1049	8	.	.	PUNCT
ftr-463	1050	1	sections	section	NOUN
ftr-463	1050	2	334(b)(2	334(b)(2	NUM
ftr-463	1050	3	)	)	PUNCT
ftr-463	1050	4	and	and	CCONJ
ftr-463	1050	5	337	337	NUM
ftr-463	1050	6	left	leave	VERB
ftr-463	1050	7	a	a	DET
ftr-463	1050	8	doctrinal	doctrinal	ADJ
ftr-463	1050	9	anomaly	anomaly	NOUN
ftr-463	1050	10	that	that	PRON
ftr-463	1050	11	rendered	render	VERB
ftr-463	1050	12	the	the	DET
ftr-463	1050	13	statutory	statutory	ADJ
ftr-463	1050	14	result	result	NOUN
ftr-463	1050	15	inconsistent	inconsistent	ADJ
ftr-463	1050	16	with	with	ADP
ftr-463	1050	17	the	the	DET
ftr-463	1050	18	continuity	continuity	NOUN
ftr-463	1050	19	of	of	ADP
ftr-463	1050	20	interest	interest	NOUN
ftr-463	1050	21	theory	theory	NOUN
ftr-463	1050	22	underlying	underlie	VERB
ftr-463	1050	23	prior	prior	ADJ
ftr-463	1050	24	case	case	NOUN
ftr-463	1050	25	law	law	NOUN
ftr-463	1050	26	:	:	PUNCT
ftr-463	1050	27	the	the	DET
ftr-463	1050	28	acquiror	acquiror	NOUN
ftr-463	1050	29	was	be	AUX
ftr-463	1050	30	permitted	permit	VERB
ftr-463	1050	31	a	a	DET
ftr-463	1050	32	cost	cost	NOUN
ftr-463	1050	33	basis	basis	NOUN
ftr-463	1050	34	in	in	ADP
ftr-463	1050	35	the	the	DET
ftr-463	1050	36	target	target	NOUN
ftr-463	1050	37	's	's	PART
ftr-463	1050	38	assets	asset	NOUN
ftr-463	1050	39	,	,	PUNCT
ftr-463	1050	40	which	which	PRON
ftr-463	1050	41	is	be	AUX
ftr-463	1050	42	consistent	consistent	ADJ
ftr-463	1050	43	with	with	ADP
ftr-463	1050	44	an	an	DET
ftr-463	1050	45	asset	asset	NOUN
ftr-463	1050	46	purchase	purchase	NOUN
ftr-463	1050	47	,	,	PUNCT
ftr-463	1050	48	but	but	CCONJ
ftr-463	1050	49	the	the	DET
ftr-463	1050	50	target	target	NOUN
ftr-463	1050	51	was	be	AUX
ftr-463	1050	52	not	not	PART
ftr-463	1050	53	taxed	tax	VERB
ftr-463	1050	54	,	,	PUNCT
ftr-463	1050	55	and	and	CCONJ
ftr-463	1050	56	the	the	DET
ftr-463	1050	57	stock	stock	NOUN
ftr-463	1050	58	seller	seller	NOUN
ftr-463	1050	59	's	's	PART
ftr-463	1050	60	gain	gain	NOUN
ftr-463	1050	61	or	or	CCONJ
ftr-463	1050	62	loss	loss	NOUN
ftr-463	1050	63	on	on	ADP
ftr-463	1050	64	the	the	DET
ftr-463	1050	65	sale	sale	NOUN
ftr-463	1050	66	was	be	AUX
ftr-463	1050	67	measured	measure	VERB
ftr-463	1050	68	by	by	ADP
ftr-463	1050	69	reference	reference	NOUN
ftr-463	1050	70	to	to	ADP
ftr-463	1050	71	stock	stock	NOUN
ftr-463	1050	72	basis	basis	NOUN
ftr-463	1050	73	(	(	PUNCT
ftr-463	1050	74	which	which	PRON
ftr-463	1050	75	together	together	ADV
ftr-463	1050	76	are	be	AUX
ftr-463	1050	77	more	more	ADV
ftr-463	1050	78	consistent	consistent	ADJ
ftr-463	1050	79	with	with	ADP
ftr-463	1050	80	a	a	DET
ftr-463	1050	81	stock	stock	NOUN
ftr-463	1050	82	sale	sale	NOUN
ftr-463	1050	83	than	than	ADP
ftr-463	1050	84	a	a	DET
ftr-463	1050	85	deemed	deem	VERB
ftr-463	1050	86	liquidation	liquidation	NOUN
ftr-463	1050	87	followed	follow	VERB
ftr-463	1050	88	by	by	ADP
ftr-463	1050	89	an	an	DET
ftr-463	1050	90	asset	asset	NOUN
ftr-463	1050	91	sale	sale	NOUN
ftr-463	1050	92	)	)	PUNCT
ftr-463	1050	93	.	.	PUNCT
ftr-463	1051	1	157	157	NUM
ftr-463	1051	2	.	.	PUNCT
ftr-463	1051	3	see	see	VERB
ftr-463	1051	4	irc	irc	PROPN
ftr-463	1051	5	§	§	PROPN
ftr-463	1051	6	337	337	NUM
ftr-463	1051	7	(	(	PUNCT
ftr-463	1051	8	1954	1954	NUM
ftr-463	1051	9	)	)	PUNCT
ftr-463	1051	10	.	.	PUNCT
ftr-463	1052	1	158	158	X
ftr-463	1052	2	.	.	PUNCT
ftr-463	1052	3	h.r	h.r	PROPN
ftr-463	1052	4	.	.	PROPN
ftr-463	1052	5	conf	conf	PROPN
ftr-463	1052	6	.	.	PUNCT
ftr-463	1053	1	rep	rep	PROPN
ftr-463	1053	2	.	.	PROPN
ftr-463	1053	3	no	no	INTJ
ftr-463	1053	4	.	.	PUNCT
ftr-463	1054	1	760	760	NUM
ftr-463	1054	2	,	,	PUNCT
ftr-463	1054	3	97th	97th	ADJ
ftr-463	1054	4	cong	cong	NOUN
ftr-463	1054	5	.	.	PROPN
ftr-463	1054	6	,	,	PUNCT
ftr-463	1054	7	2d	2d	PROPN
ftr-463	1054	8	sess	sess	NOUN
ftr-463	1054	9	.	.	PUNCT
ftr-463	1055	1	536	536	NUM
ftr-463	1055	2	(	(	PUNCT
ftr-463	1055	3	1982	1982	NUM
ftr-463	1055	4	)	)	PUNCT
ftr-463	1055	5	,	,	PUNCT
ftr-463	1055	6	reprinted	reprint	VERB
ftr-463	1055	7	in	in	ADP
ftr-463	1055	8	1982	1982	NUM
ftr-463	1055	9	-	-	SYM
ftr-463	1055	10	2	2	NUM
ftr-463	1055	11	c.b	c.b	PROPN
ftr-463	1055	12	.	.	PROPN
ftr-463	1055	13	600	600	NUM
ftr-463	1055	14	,	,	PUNCT
ftr-463	1055	15	632	632	NUM
ftr-463	1055	16	.	.	NOUN
ftr-463	1055	17	159	159	NUM
ftr-463	1055	18	.	.	PUNCT
ftr-463	1055	19	1990	1990	NUM
ftr-463	1055	20	-	-	SYM
ftr-463	1055	21	2	2	NUM
ftr-463	1055	22	c.b	c.b	PROPN
ftr-463	1055	23	.	.	PROPN
ftr-463	1055	24	67	67	NUM
ftr-463	1055	25	.	.	PUNCT
ftr-463	1055	26	160	160	NUM
ftr-463	1055	27	.	.	PUNCT
ftr-463	1056	1	as	as	SCONJ
ftr-463	1056	2	discussed	discuss	VERB
ftr-463	1056	3	supra	supra	PROPN
ftr-463	1056	4	part	part	PROPN
ftr-463	1056	5	iii.d	iii.d	PROPN
ftr-463	1056	6	,	,	PUNCT
ftr-463	1056	7	the	the	DET
ftr-463	1056	8	kimbell	kimbell	NOUN
ftr-463	1056	9	-	-	PUNCT
ftr-463	1056	10	diamond	diamond	NOUN
ftr-463	1056	11	doctrine	doctrine	NOUN
ftr-463	1056	12	would	would	AUX
ftr-463	1056	13	treat	treat	VERB
ftr-463	1056	14	an	an	DET
ftr-463	1056	15	integrated	integrate	VERB
ftr-463	1056	16	stock	stock	NOUN
ftr-463	1056	17	purchase	purchase	NOUN
ftr-463	1056	18	and	and	CCONJ
ftr-463	1056	19	liquidation	liquidation	NOUN
ftr-463	1056	20	as	as	ADP
ftr-463	1056	21	a	a	DET
ftr-463	1056	22	deemed	deemed	ADJ
ftr-463	1056	23	asset	asset	NOUN
ftr-463	1056	24	purchase	purchase	NOUN
ftr-463	1056	25	in	in	ADP
ftr-463	1056	26	which	which	PRON
ftr-463	1056	27	purchaser	purchaser	NOUN
ftr-463	1056	28	acquires	acquire	VERB
ftr-463	1056	29	the	the	DET
ftr-463	1056	30	assets	asset	NOUN
ftr-463	1056	31	with	with	ADP
ftr-463	1056	32	a	a	DET
ftr-463	1056	33	cost	cost	NOUN
ftr-463	1056	34	basis	basis	NOUN
ftr-463	1056	35	.	.	PUNCT
ftr-463	1057	1	i[vol	i[vol	NOUN
ftr-463	1057	2	3:5	3:5	NUM
ftr-463	1057	3	19961	19961	NUM
ftr-463	1057	4	devolution	devolution	NOUN
ftr-463	1057	5	&	&	CCONJ
ftr-463	1057	6	inevitable	inevitable	ADJ
ftr-463	1057	7	extinction	extinction	NOUN
ftr-463	1057	8	of	of	ADP
ftr-463	1057	9	the	the	DET
ftr-463	1057	10	continuit	continuit	NOUN
ftr-463	1057	11	.	.	PUNCT
ftr-463	1058	1	of	of	ADP
ftr-463	1058	2	interest	interest	NOUN
ftr-463	1058	3	doctrine	doctrine	NOUN
ftr-463	1058	4	233	233	NUM
ftr-463	1058	5	nonelecting	nonelecting	NOUN
ftr-463	1058	6	acquiror	acquiror	NOUN
ftr-463	1058	7	purchasing	purchase	VERB
ftr-463	1058	8	80	80	NUM
ftr-463	1058	9	%	%	NOUN
ftr-463	1058	10	or	or	CCONJ
ftr-463	1058	11	more	more	ADJ
ftr-463	1058	12	of	of	ADP
ftr-463	1058	13	target	target	NOUN
ftr-463	1058	14	's	's	PART
ftr-463	1058	15	stock	stock	NOUN
ftr-463	1058	16	for	for	ADP
ftr-463	1058	17	cash	cash	NOUN
ftr-463	1058	18	and	and	CCONJ
ftr-463	1058	19	liquidating	liquidating	NOUN
ftr-463	1058	20	target	target	NOUN
ftr-463	1058	21	as	as	ADP
ftr-463	1058	22	part	part	NOUN
ftr-463	1058	23	of	of	ADP
ftr-463	1058	24	an	an	DET
ftr-463	1058	25	integrated	integrated	ADJ
ftr-463	1058	26	transaction	transaction	NOUN
ftr-463	1058	27	(	(	PUNCT
ftr-463	1058	28	the	the	DET
ftr-463	1058	29	facts	fact	NOUN
ftr-463	1058	30	of	of	ADP
ftr-463	1058	31	kimbell	kimbell	PROPN
ftr-463	1058	32	diamond	diamond	NOUN
ftr-463	1058	33	)	)	PUNCT
ftr-463	1058	34	is	be	AUX
ftr-463	1058	35	not	not	PART
ftr-463	1058	36	treated	treat	VERB
ftr-463	1058	37	as	as	ADP
ftr-463	1058	38	purchaser	purchaser	NOUN
ftr-463	1058	39	of	of	ADP
ftr-463	1058	40	the	the	DET
ftr-463	1058	41	target	target	NOUN
ftr-463	1058	42	's	's	PART
ftr-463	1058	43	assets	asset	NOUN
ftr-463	1058	44	;	;	PUNCT
ftr-463	1058	45	instead	instead	ADV
ftr-463	1058	46	,	,	PUNCT
ftr-463	1058	47	each	each	DET
ftr-463	1058	48	step	step	NOUN
ftr-463	1058	49	is	be	AUX
ftr-463	1058	50	"	"	PUNCT
ftr-463	1058	51	awarded	award	VERB
ftr-463	1058	52	independent	independent	ADJ
ftr-463	1058	53	significance	significance	NOUN
ftr-463	1058	54	,	,	PUNCT
ftr-463	1058	55	"	"	PUNCT
ftr-463	1058	56	and	and	CCONJ
ftr-463	1058	57	the	the	DET
ftr-463	1058	58	acquiror	acquiror	NOUN
ftr-463	1058	59	absorbs	absorb	VERB
ftr-463	1058	60	the	the	DET
ftr-463	1058	61	target	target	NOUN
ftr-463	1058	62	with	with	ADP
ftr-463	1058	63	a	a	DET
ftr-463	1058	64	carryover	carryover	NOUN
ftr-463	1058	65	basis	basis	NOUN
ftr-463	1058	66	in	in	ADP
ftr-463	1058	67	its	its	PRON
ftr-463	1058	68	assets	asset	NOUN
ftr-463	1058	69	.	.	PUNCT
ftr-463	1059	1	6	6	NUM
ftr-463	1059	2	'	'	PUNCT
ftr-463	1059	3	in	in	ADP
ftr-463	1059	4	october	october	PROPN
ftr-463	1059	5	1995	1995	NUM
ftr-463	1059	6	,	,	PUNCT
ftr-463	1059	7	following	follow	VERB
ftr-463	1059	8	the	the	DET
ftr-463	1059	9	recommendations	recommendation	NOUN
ftr-463	1059	10	of	of	ADP
ftr-463	1059	11	the	the	DET
ftr-463	1059	12	new	new	PROPN
ftr-463	1059	13	york	york	PROPN
ftr-463	1059	14	state	state	PROPN
ftr-463	1059	15	bar	bar	PROPN
ftr-463	1059	16	association	association	NOUN
ftr-463	1059	17	,	,	PUNCT
ftr-463	1059	18	6	6	NUM
ftr-463	1059	19	2	2	NUM
ftr-463	1059	20	the	the	DET
ftr-463	1059	21	service	service	NOUN
ftr-463	1059	22	promulgated	promulgate	VERB
ftr-463	1059	23	regulations	regulation	NOUN
ftr-463	1059	24	that	that	PRON
ftr-463	1059	25	significantly	significantly	ADV
ftr-463	1059	26	limit	limit	VERB
ftr-463	1059	27	the	the	DET
ftr-463	1059	28	application	application	NOUN
ftr-463	1059	29	of	of	ADP
ftr-463	1059	30	the	the	DET
ftr-463	1059	31	continuity	continuity	NOUN
ftr-463	1059	32	doctrine	doctrine	NOUN
ftr-463	1059	33	,	,	PUNCT
ftr-463	1059	34	extending	extend	VERB
ftr-463	1059	35	the	the	DET
ftr-463	1059	36	result	result	NOUN
ftr-463	1059	37	of	of	ADP
ftr-463	1059	38	revenue	revenue	NOUN
ftr-463	1059	39	ruling	rule	VERB
ftr-463	1059	40	90	90	NUM
ftr-463	1059	41	-	-	SYM
ftr-463	1059	42	95	95	NUM
ftr-463	1059	43	beyond	beyond	ADP
ftr-463	1059	44	the	the	DET
ftr-463	1059	45	second	second	ADJ
ftr-463	1059	46	-	-	PUNCT
ftr-463	1059	47	step	step	NOUN
ftr-463	1059	48	liquidation	liquidation	NOUN
ftr-463	1059	49	transaction	transaction	NOUN
ftr-463	1059	50	that	that	PRON
ftr-463	1059	51	was	be	AUX
ftr-463	1059	52	the	the	DET
ftr-463	1059	53	subject	subject	NOUN
ftr-463	1059	54	of	of	ADP
ftr-463	1059	55	kimbell	kimbell	PROPN
ftr-463	1059	56	diamond	diamond	NOUN
ftr-463	1059	57	to	to	PART
ftr-463	1059	58	include	include	VERB
ftr-463	1059	59	a	a	DET
ftr-463	1059	60	qualified	qualified	ADJ
ftr-463	1059	61	stock	stock	NOUN
ftr-463	1059	62	purchase	purchase	NOUN
ftr-463	1059	63	for	for	ADP
ftr-463	1059	64	which	which	PRON
ftr-463	1059	65	a	a	DET
ftr-463	1059	66	section	section	NOUN
ftr-463	1059	67	338	338	NUM
ftr-463	1059	68	election	election	NOUN
ftr-463	1059	69	is	be	AUX
ftr-463	1059	70	not	not	PART
ftr-463	1059	71	made	make	VERB
ftr-463	1059	72	,	,	PUNCT
ftr-463	1059	73	followed	follow	VERB
ftr-463	1059	74	by	by	ADP
ftr-463	1059	75	a	a	DET
ftr-463	1059	76	reorganization	reorganization	NOUN
ftr-463	1059	77	.	.	PUNCT
ftr-463	1059	78	'	'	PUNCT
ftr-463	1060	1	"	"	PUNCT
ftr-463	1060	2	the	the	DET
ftr-463	1060	3	regulations	regulation	NOUN
ftr-463	1060	4	interpret	interpret	VERB
ftr-463	1060	5	section	section	NOUN
ftr-463	1060	6	338	338	NUM
ftr-463	1060	7	to	to	PART
ftr-463	1060	8	require	require	VERB
ftr-463	1060	9	,	,	PUNCT
ftr-463	1060	10	in	in	ADP
ftr-463	1060	11	effect	effect	NOUN
ftr-463	1060	12	,	,	PUNCT
ftr-463	1060	13	that	that	SCONJ
ftr-463	1060	14	a	a	DET
ftr-463	1060	15	non	non	ADJ
ftr-463	1060	16	-	-	ADJ
ftr-463	1060	17	electing	electing	ADJ
ftr-463	1060	18	acquiror	acquiror	NOUN
ftr-463	1060	19	be	be	AUX
ftr-463	1060	20	treated	treat	VERB
ftr-463	1060	21	as	as	ADP
ftr-463	1060	22	a	a	DET
ftr-463	1060	23	historic	historic	ADJ
ftr-463	1060	24	shareholder	shareholder	NOUN
ftr-463	1060	25	of	of	ADP
ftr-463	1060	26	the	the	DET
ftr-463	1060	27	target	target	NOUN
ftr-463	1060	28	,	,	PUNCT
ftr-463	1060	29	but	but	CCONJ
ftr-463	1060	30	only	only	ADV
ftr-463	1060	31	with	with	ADP
ftr-463	1060	32	respect	respect	NOUN
ftr-463	1060	33	to	to	ADP
ftr-463	1060	34	the	the	DET
ftr-463	1060	35	acquiror	acquiror	NOUN
ftr-463	1060	36	,	,	PUNCT
ftr-463	1060	37	its	its	PRON
ftr-463	1060	38	subsidiary	subsidiary	NOUN
ftr-463	1060	39	,	,	PUNCT
ftr-463	1060	40	and	and	CCONJ
ftr-463	1060	41	the	the	DET
ftr-463	1060	42	target	target	NOUN
ftr-463	1060	43	.	.	PUNCT
ftr-463	1061	1	thus	thus	ADV
ftr-463	1061	2	,	,	PUNCT
ftr-463	1061	3	under	under	ADP
ftr-463	1061	4	the	the	DET
ftr-463	1061	5	regulations	regulation	NOUN
ftr-463	1061	6	,	,	PUNCT
ftr-463	1061	7	the	the	DET
ftr-463	1061	8	qualified	qualified	ADJ
ftr-463	1061	9	stock	stock	NOUN
ftr-463	1061	10	purchase	purchase	NOUN
ftr-463	1061	11	of	of	ADP
ftr-463	1061	12	target	target	NOUN
ftr-463	1061	13	stock	stock	NOUN
ftr-463	1061	14	by	by	ADP
ftr-463	1061	15	the	the	DET
ftr-463	1061	16	acquiror	acquiror	NOUN
ftr-463	1061	17	,	,	PUNCT
ftr-463	1061	18	followed	follow	VERB
ftr-463	1061	19	by	by	ADP
ftr-463	1061	20	a	a	DET
ftr-463	1061	21	merger	merger	NOUN
ftr-463	1061	22	of	of	ADP
ftr-463	1061	23	the	the	DET
ftr-463	1061	24	target	target	NOUN
ftr-463	1061	25	into	into	ADP
ftr-463	1061	26	the	the	DET
ftr-463	1061	27	acquiror	acquiror	NOUN
ftr-463	1061	28	's	's	PART
ftr-463	1061	29	wholly	wholly	ADV
ftr-463	1061	30	-	-	PUNCT
ftr-463	1061	31	owned	own	VERB
ftr-463	1061	32	subsidiary	subsidiary	NOUN
ftr-463	1061	33	,	,	PUNCT
ftr-463	1061	34	is	be	AUX
ftr-463	1061	35	a	a	DET
ftr-463	1061	36	tax	tax	NOUN
ftr-463	1061	37	-	-	PUNCT
ftr-463	1061	38	free	free	ADJ
ftr-463	1061	39	reorganization	reorganization	NOUN
ftr-463	1061	40	for	for	ADP
ftr-463	1061	41	target	target	NOUN
ftr-463	1061	42	and	and	CCONJ
ftr-463	1061	43	subsidiary	subsidiary	NOUN
ftr-463	1061	44	,	,	PUNCT
ftr-463	1061	45	and	and	CCONJ
ftr-463	1061	46	the	the	DET
ftr-463	1061	47	subsidiary	subsidiary	NOUN
ftr-463	1061	48	takes	take	VERB
ftr-463	1061	49	the	the	DET
ftr-463	1061	50	target	target	NOUN
ftr-463	1061	51	's	's	PART
ftr-463	1061	52	assets	asset	NOUN
ftr-463	1061	53	with	with	ADP
ftr-463	1061	54	a	a	DET
ftr-463	1061	55	carryover	carryover	NOUN
ftr-463	1061	56	basis	basis	NOUN
ftr-463	1061	57	.	.	PUNCT
ftr-463	1062	1	the	the	DET
ftr-463	1062	2	regulations	regulation	NOUN
ftr-463	1062	3	effectively	effectively	ADV
ftr-463	1062	4	reverse	reverse	VERB
ftr-463	1062	5	yoc	yoc	PROPN
ftr-463	1062	6	heating	heating	PROPN
ftr-463	1062	7	corp	corp	PROPN
ftr-463	1062	8	.	.	PROPN
ftr-463	1063	1	v.	v.	PROPN
ftr-463	1063	2	commissioner,"6	commissioner,"6	PROPN
ftr-463	1063	3	where	where	SCONJ
ftr-463	1063	4	an	an	DET
ftr-463	1063	5	acquiror	acquiror	NOUN
ftr-463	1063	6	purchased	purchase	VERB
ftr-463	1063	7	85	85	NUM
ftr-463	1063	8	%	%	NOUN
ftr-463	1063	9	of	of	ADP
ftr-463	1063	10	a	a	DET
ftr-463	1063	11	target	target	NOUN
ftr-463	1063	12	's	's	PART
ftr-463	1063	13	stock	stock	NOUN
ftr-463	1063	14	for	for	ADP
ftr-463	1063	15	cash	cash	NOUN
ftr-463	1063	16	and	and	CCONJ
ftr-463	1063	17	notes	note	NOUN
ftr-463	1063	18	and	and	CCONJ
ftr-463	1063	19	,	,	PUNCT
ftr-463	1063	20	as	as	ADP
ftr-463	1063	21	part	part	NOUN
ftr-463	1063	22	of	of	ADP
ftr-463	1063	23	an	an	DET
ftr-463	1063	24	integrated	integrated	ADJ
ftr-463	1063	25	transaction	transaction	NOUN
ftr-463	1063	26	,	,	PUNCT
ftr-463	1063	27	caused	cause	VERB
ftr-463	1063	28	the	the	DET
ftr-463	1063	29	target	target	NOUN
ftr-463	1063	30	to	to	PART
ftr-463	1063	31	transfer	transfer	VERB
ftr-463	1063	32	its	its	PRON
ftr-463	1063	33	assets	asset	NOUN
ftr-463	1063	34	to	to	ADP
ftr-463	1063	35	acquiror	acquiror	NOUN
ftr-463	1063	36	's	's	PART
ftr-463	1063	37	newly	newly	ADV
ftr-463	1063	38	formed	form	VERB
ftr-463	1063	39	subsidiary	subsidiary	NOUN
ftr-463	1063	40	.	.	PUNCT
ftr-463	1064	1	in	in	ADP
ftr-463	1064	2	the	the	DET
ftr-463	1064	3	latter	latter	ADJ
ftr-463	1064	4	step	step	NOUN
ftr-463	1064	5	,	,	PUNCT
ftr-463	1064	6	the	the	DET
ftr-463	1064	7	target	target	NOUN
ftr-463	1064	8	's	's	PART
ftr-463	1064	9	minority	minority	NOUN
ftr-463	1064	10	shareholders	shareholder	NOUN
ftr-463	1064	11	received	receive	VERB
ftr-463	1064	12	cash	cash	NOUN
ftr-463	1064	13	in	in	ADP
ftr-463	1064	14	exchange	exchange	NOUN
ftr-463	1064	15	for	for	ADP
ftr-463	1064	16	their	their	PRON
ftr-463	1064	17	target	target	NOUN
ftr-463	1064	18	stock	stock	NOUN
ftr-463	1064	19	,	,	PUNCT
ftr-463	1064	20	the	the	DET
ftr-463	1064	21	acquiror	acquiror	NOUN
ftr-463	1064	22	received	receive	VERB
ftr-463	1064	23	additional	additional	ADJ
ftr-463	1064	24	shares	share	NOUN
ftr-463	1064	25	of	of	ADP
ftr-463	1064	26	its	its	PRON
ftr-463	1064	27	subsidiary	subsidiary	NOUN
ftr-463	1064	28	,	,	PUNCT
ftr-463	1064	29	and	and	CCONJ
ftr-463	1064	30	the	the	DET
ftr-463	1064	31	target	target	NOUN
ftr-463	1064	32	liquidated	liquidate	VERB
ftr-463	1064	33	.	.	PUNCT
ftr-463	1065	1	the	the	DET
ftr-463	1065	2	service	service	NOUN
ftr-463	1065	3	argued	argue	VERB
ftr-463	1065	4	that	that	SCONJ
ftr-463	1065	5	the	the	DET
ftr-463	1065	6	second	second	ADJ
ftr-463	1065	7	-	-	PUNCT
ftr-463	1065	8	step	step	NOUN
ftr-463	1065	9	was	be	AUX
ftr-463	1065	10	a	a	DET
ftr-463	1065	11	d	d	NOUN
ftr-463	1065	12	or	or	CCONJ
ftr-463	1065	13	f	f	PROPN
ftr-463	1065	14	reorganization	reorganization	NOUN
ftr-463	1065	15	and	and	CCONJ
ftr-463	1065	16	that	that	SCONJ
ftr-463	1065	17	the	the	DET
ftr-463	1065	18	acquiror	acquiror	NOUN
ftr-463	1065	19	's	's	PART
ftr-463	1065	20	subsidiary	subsidiary	NOUN
ftr-463	1065	21	therefore	therefore	ADV
ftr-463	1065	22	received	receive	VERB
ftr-463	1065	23	the	the	DET
ftr-463	1065	24	target	target	NOUN
ftr-463	1065	25	's	's	PART
ftr-463	1065	26	assets	asset	NOUN
ftr-463	1065	27	with	with	ADP
ftr-463	1065	28	a	a	DET
ftr-463	1065	29	carryover	carryover	NOUN
ftr-463	1065	30	basis	basis	NOUN
ftr-463	1065	31	(	(	PUNCT
ftr-463	1065	32	which	which	PRON
ftr-463	1065	33	was	be	AUX
ftr-463	1065	34	less	less	ADJ
ftr-463	1065	35	than	than	ADP
ftr-463	1065	36	the	the	DET
ftr-463	1065	37	sum	sum	NOUN
ftr-463	1065	38	of	of	ADP
ftr-463	1065	39	the	the	DET
ftr-463	1065	40	acquiror	acquiror	NOUN
ftr-463	1065	41	's	's	PART
ftr-463	1065	42	purchase	purchase	NOUN
ftr-463	1065	43	price	price	NOUN
ftr-463	1065	44	and	and	CCONJ
ftr-463	1065	45	the	the	DET
ftr-463	1065	46	cash	cash	NOUN
ftr-463	1065	47	paid	pay	VERB
ftr-463	1065	48	by	by	ADP
ftr-463	1065	49	subsidiary	subsidiary	NOUN
ftr-463	1065	50	for	for	ADP
ftr-463	1065	51	the	the	DET
ftr-463	1065	52	minority	minority	NOUN
ftr-463	1065	53	shareholders	shareholder	NOUN
ftr-463	1065	54	'	'	PART
ftr-463	1065	55	target	target	NOUN
ftr-463	1065	56	shares	share	NOUN
ftr-463	1065	57	)	)	PUNCT
ftr-463	1065	58	.	.	PUNCT
ftr-463	1066	1	the	the	DET
ftr-463	1066	2	taxpayer	taxpayer	NOUN
ftr-463	1066	3	disputed	dispute	VERB
ftr-463	1066	4	this	this	DET
ftr-463	1066	5	assertion	assertion	NOUN
ftr-463	1066	6	and	and	CCONJ
ftr-463	1066	7	claimed	claim	VERB
ftr-463	1066	8	the	the	DET
ftr-463	1066	9	benefit	benefit	NOUN
ftr-463	1066	10	of	of	ADP
ftr-463	1066	11	section	section	NOUN
ftr-463	1066	12	334(b)(2	334(b)(2	NUM
ftr-463	1066	13	)	)	PUNCT
ftr-463	1066	14	,	,	PUNCT
ftr-463	1066	15	the	the	DET
ftr-463	1066	16	kimnbell	kimnbell	NOUN
ftr-463	1066	17	-	-	PUNCT
ftr-463	1066	18	diamnond	diamnond	NOUN
ftr-463	1066	19	doctrine	doctrine	NOUN
ftr-463	1066	20	,	,	PUNCT
ftr-463	1066	21	or	or	CCONJ
ftr-463	1066	22	the	the	DET
ftr-463	1066	23	integrated	integrate	VERB
ftr-463	1066	24	transaction	transaction	NOUN
ftr-463	1066	25	doctrine	doctrine	NOUN
ftr-463	1066	26	to	to	PART
ftr-463	1066	27	obtain	obtain	VERB
ftr-463	1066	28	a	a	DET
ftr-463	1066	29	stepped	step	VERB
ftr-463	1066	30	-	-	PUNCT
ftr-463	1066	31	up	up	ADP
ftr-463	1066	32	cost	cost	NOUN
ftr-463	1066	33	basis	basis	NOUN
ftr-463	1066	34	in	in	ADP
ftr-463	1066	35	the	the	DET
ftr-463	1066	36	acquired	acquire	VERB
ftr-463	1066	37	target	target	NOUN
ftr-463	1066	38	assets	asset	NOUN
ftr-463	1066	39	.	.	PUNCT
ftr-463	1067	1	the	the	DET
ftr-463	1067	2	tax	tax	NOUN
ftr-463	1067	3	court	court	NOUN
ftr-463	1067	4	,	,	PUNCT
ftr-463	1067	5	in	in	ADP
ftr-463	1067	6	allowing	allow	VERB
ftr-463	1067	7	a	a	DET
ftr-463	1067	8	cost	cost	NOUN
ftr-463	1067	9	basis	basis	NOUN
ftr-463	1067	10	,	,	PUNCT
ftr-463	1067	11	held	hold	VERB
ftr-463	1067	12	that	that	SCONJ
ftr-463	1067	13	while	while	SCONJ
ftr-463	1067	14	section	section	NOUN
ftr-463	1067	15	334(b)(2	334(b)(2	NUM
ftr-463	1067	16	)	)	PUNCT
ftr-463	1067	17	and	and	CCONJ
ftr-463	1067	18	the	the	DET
ftr-463	1067	19	broader	broad	ADJ
ftr-463	1067	20	kimnbell	kimnbell	NOUN
ftr-463	1067	21	-	-	PUNCT
ftr-463	1067	22	diamond	diamond	NOUN
ftr-463	1067	23	doctrine	doctrine	NOUN
ftr-463	1067	24	applied	apply	VERB
ftr-463	1067	25	only	only	ADV
ftr-463	1067	26	to	to	ADP
ftr-463	1067	27	liquidations	liquidation	NOUN
ftr-463	1067	28	,	,	PUNCT
ftr-463	1067	29	the	the	DET
ftr-463	1067	30	asset	asset	NOUN
ftr-463	1067	31	transfer	transfer	NOUN
ftr-463	1067	32	by	by	ADP
ftr-463	1067	33	the	the	DET
ftr-463	1067	34	target	target	NOUN
ftr-463	1067	35	to	to	ADP
ftr-463	1067	36	acquiror	acquiror	NOUN
ftr-463	1067	37	's	's	PART
ftr-463	1067	38	subsidiary	subsidiary	NOUN
ftr-463	1067	39	also	also	ADV
ftr-463	1067	40	was	be	AUX
ftr-463	1067	41	161	161	NUM
ftr-463	1067	42	.	.	PUNCT
ftr-463	1068	1	irc	irc	PROPN
ftr-463	1068	2	§	§	PROPN
ftr-463	1068	3	334(b	334(b	PROPN
ftr-463	1068	4	)	)	PUNCT
ftr-463	1068	5	.	.	PUNCT
ftr-463	1069	1	162	162	NUM
ftr-463	1069	2	.	.	PUNCT
ftr-463	1070	1	new	new	PROPN
ftr-463	1070	2	york	york	PROPN
ftr-463	1070	3	state	state	PROPN
ftr-463	1070	4	bar	bar	PROPN
ftr-463	1070	5	ass'n	ass'n	ADP
ftr-463	1070	6	tax	tax	NOUN
ftr-463	1070	7	section	section	NOUN
ftr-463	1070	8	.	.	PUNCT
ftr-463	1071	1	report	report	NOUN
ftr-463	1071	2	on	on	ADP
ftr-463	1071	3	reorganizations	reorganization	NOUN
ftr-463	1071	4	of	of	ADP
ftr-463	1071	5	target	target	NOUN
ftr-463	1071	6	corporations	corporation	NOUN
ftr-463	1071	7	following	follow	VERB
ftr-463	1071	8	a	a	DET
ftr-463	1071	9	qualified	qualified	ADJ
ftr-463	1071	10	stock	stock	NOUN
ftr-463	1071	11	purchase	purchase	NOUN
ftr-463	1071	12	under	under	ADP
ftr-463	1071	13	section	section	NOUN
ftr-463	1071	14	338	338	NUM
ftr-463	1071	15	.	.	PUNCT
ftr-463	1072	1	94	94	NUM
ftr-463	1072	2	tnt	tnt	NOUN
ftr-463	1072	3	205	205	NUM
ftr-463	1072	4	-	-	SYM
ftr-463	1072	5	11	11	NUM
ftr-463	1072	6	(	(	PUNCT
ftr-463	1072	7	oct	oct	PROPN
ftr-463	1072	8	.	.	PROPN
ftr-463	1072	9	19	19	NUM
ftr-463	1072	10	,	,	PUNCT
ftr-463	1072	11	1994	1994	NUM
ftr-463	1072	12	)	)	PUNCT
ftr-463	1072	13	(	(	PUNCT
ftr-463	1072	14	lexis	lexis	X
ftr-463	1072	15	,	,	PUNCT
ftr-463	1072	16	fedtax	fedtax	NOUN
ftr-463	1072	17	library	library	NOUN
ftr-463	1072	18	,	,	PUNCT
ftr-463	1072	19	tnt	tnt	NOUN
ftr-463	1072	20	file	file	NOUN
ftr-463	1072	21	)	)	PUNCT
ftr-463	1072	22	.	.	PUNCT
ftr-463	1073	1	163	163	NUM
ftr-463	1073	2	.	.	PUNCT
ftr-463	1073	3	regs	regs	PROPN
ftr-463	1073	4	.	.	PUNCT
ftr-463	1074	1	§	§	PROPN
ftr-463	1074	2	1.338	1.338	NUM
ftr-463	1074	3	-	-	SYM
ftr-463	1074	4	2(c)(3	2(c)(3	NUM
ftr-463	1074	5	)	)	PUNCT
ftr-463	1074	6	.	.	PUNCT
ftr-463	1075	1	60	60	NUM
ftr-463	1075	2	fed	fed	PROPN
ftr-463	1075	3	.	.	PUNCT
ftr-463	1076	1	reg	reg	PROPN
ftr-463	1076	2	.	.	PUNCT
ftr-463	1077	1	54942	54942	NUM
ftr-463	1077	2	(	(	PUNCT
ftr-463	1077	3	oct	oct	PROPN
ftr-463	1077	4	.	.	PROPN
ftr-463	1077	5	27	27	NUM
ftr-463	1077	6	,	,	PUNCT
ftr-463	1077	7	19951	19951	NUM
ftr-463	1077	8	.	.	PUNCT
ftr-463	1078	1	the	the	DET
ftr-463	1078	2	regulations	regulation	NOUN
ftr-463	1078	3	were	be	AUX
ftr-463	1078	4	proposed	propose	VERB
ftr-463	1078	5	in	in	ADP
ftr-463	1078	6	february	february	PROPN
ftr-463	1078	7	,	,	PUNCT
ftr-463	1078	8	1995	1995	NUM
ftr-463	1078	9	.	.	PUNCT
ftr-463	1079	1	see	see	VERB
ftr-463	1079	2	60	60	NUM
ftr-463	1079	3	fed	feed	VERB
ftr-463	1079	4	.	.	PUNCT
ftr-463	1080	1	reg	reg	PROPN
ftr-463	1080	2	.	.	PUNCT
ftr-463	1081	1	9309	9309	NUM
ftr-463	1081	2	(	(	PUNCT
ftr-463	1081	3	feb	feb	PROPN
ftr-463	1081	4	.	.	PROPN
ftr-463	1081	5	17	17	NUM
ftr-463	1081	6	.	.	NOUN
ftr-463	1081	7	1995	1995	NUM
ftr-463	1081	8	)	)	PUNCT
ftr-463	1081	9	.	.	PUNCT
ftr-463	1082	1	164	164	NUM
ftr-463	1082	2	.	.	X
ftr-463	1083	1	61	61	NUM
ftr-463	1083	2	t.c	t.c	PROPN
ftr-463	1083	3	.	.	PROPN
ftr-463	1083	4	168	168	NUM
ftr-463	1083	5	(	(	PUNCT
ftr-463	1083	6	1973	1973	NUM
ftr-463	1083	7	)	)	PUNCT
ftr-463	1083	8	.	.	PUNCT
ftr-463	1084	1	accordingly	accordingly	ADV
ftr-463	1084	2	,	,	PUNCT
ftr-463	1084	3	the	the	DET
ftr-463	1084	4	regulations	regulation	NOUN
ftr-463	1084	5	are	be	AUX
ftr-463	1084	6	commonly	commonly	ADV
ftr-463	1084	7	known	know	VERB
ftr-463	1084	8	as	as	ADP
ftr-463	1084	9	the	the	DET
ftr-463	1084	10	anti	anti	ADJ
ftr-463	1084	11	-	-	ADJ
ftr-463	1084	12	yoc	yoc	ADJ
ftr-463	1084	13	heating	heating	NOUN
ftr-463	1084	14	regulations	regulation	NOUN
ftr-463	1084	15	,	,	PUNCT
ftr-463	1084	16	and	and	CCONJ
ftr-463	1084	17	are	be	AUX
ftr-463	1084	18	referred	refer	VERB
ftr-463	1084	19	to	to	ADP
ftr-463	1084	20	as	as	ADV
ftr-463	1084	21	such	such	ADJ
ftr-463	1084	22	from	from	ADP
ftr-463	1084	23	time	time	NOUN
ftr-463	1084	24	to	to	ADP
ftr-463	1084	25	time	time	NOUN
ftr-463	1084	26	in	in	ADP
ftr-463	1084	27	this	this	DET
ftr-463	1084	28	article	article	NOUN
ftr-463	1084	29	.	.	PUNCT
ftr-463	1085	1	florida	florida	PROPN
ftr-463	1085	2	tax	tax	PROPN
ftr-463	1085	3	review	review	NOUN
ftr-463	1085	4	not	not	PART
ftr-463	1085	5	a	a	DET
ftr-463	1085	6	reorganization	reorganization	NOUN
ftr-463	1085	7	because	because	SCONJ
ftr-463	1085	8	it	it	PRON
ftr-463	1085	9	failed	fail	VERB
ftr-463	1085	10	the	the	DET
ftr-463	1085	11	continuity	continuity	NOUN
ftr-463	1085	12	of	of	ADP
ftr-463	1085	13	interest	interest	NOUN
ftr-463	1085	14	test	test	NOUN
ftr-463	1085	15	.	.	PUNCT
ftr-463	1086	1	the	the	DET
ftr-463	1086	2	court	court	NOUN
ftr-463	1086	3	held	hold	VERB
ftr-463	1086	4	further	far	ADV
ftr-463	1086	5	that	that	SCONJ
ftr-463	1086	6	the	the	DET
ftr-463	1086	7	integrated	integrate	VERB
ftr-463	1086	8	transaction	transaction	NOUN
ftr-463	1086	9	doctrine	doctrine	NOUN
ftr-463	1086	10	provided	provide	VERB
ftr-463	1086	11	authority	authority	NOUN
ftr-463	1086	12	for	for	ADP
ftr-463	1086	13	a	a	DET
ftr-463	1086	14	stepped	step	VERB
ftr-463	1086	15	-	-	PUNCT
ftr-463	1086	16	up	up	ADP
ftr-463	1086	17	basis	basis	NOUN
ftr-463	1086	18	equal	equal	ADJ
ftr-463	1086	19	to	to	ADP
ftr-463	1086	20	the	the	DET
ftr-463	1086	21	cash	cash	NOUN
ftr-463	1086	22	paid	pay	VERB
ftr-463	1086	23	by	by	ADP
ftr-463	1086	24	the	the	DET
ftr-463	1086	25	acquiror	acquiror	NOUN
ftr-463	1086	26	for	for	ADP
ftr-463	1086	27	target	target	NOUN
ftr-463	1086	28	stock	stock	NOUN
ftr-463	1086	29	plus	plus	CCONJ
ftr-463	1086	30	the	the	DET
ftr-463	1086	31	cash	cash	NOUN
ftr-463	1086	32	paid	pay	VERB
ftr-463	1086	33	by	by	ADP
ftr-463	1086	34	subsidiary	subsidiary	NOUN
ftr-463	1086	35	to	to	ADP
ftr-463	1086	36	the	the	DET
ftr-463	1086	37	target	target	NOUN
ftr-463	1086	38	's	's	PART
ftr-463	1086	39	minority	minority	NOUN
ftr-463	1086	40	shareholders	shareholder	NOUN
ftr-463	1086	41	.	.	PUNCT
ftr-463	1087	1	6	6	NUM
ftr-463	1087	2	5	5	NUM
ftr-463	1087	3	however	however	ADV
ftr-463	1087	4	,	,	PUNCT
ftr-463	1087	5	while	while	SCONJ
ftr-463	1087	6	the	the	DET
ftr-463	1087	7	regulations	regulation	NOUN
ftr-463	1087	8	reverse	reverse	VERB
ftr-463	1087	9	yoc	yoc	PROPN
ftr-463	1087	10	heating	heating	NOUN
ftr-463	1087	11	and	and	CCONJ
ftr-463	1087	12	deem	deem	VERB
ftr-463	1087	13	continuity	continuity	NOUN
ftr-463	1087	14	to	to	PART
ftr-463	1087	15	be	be	AUX
ftr-463	1087	16	satisfied	satisfied	ADJ
ftr-463	1087	17	with	with	ADP
ftr-463	1087	18	respect	respect	NOUN
ftr-463	1087	19	to	to	ADP
ftr-463	1087	20	acquiror	acquiror	NOUN
ftr-463	1087	21	and	and	CCONJ
ftr-463	1087	22	target	target	NOUN
ftr-463	1087	23	,	,	PUNCT
ftr-463	1087	24	they	they	PRON
ftr-463	1087	25	retain	retain	VERB
ftr-463	1087	26	the	the	DET
ftr-463	1087	27	continuity	continuity	NOUN
ftr-463	1087	28	of	of	ADP
ftr-463	1087	29	interest	interest	NOUN
ftr-463	1087	30	doctrine	doctrine	NOUN
ftr-463	1087	31	-	-	PUNCT
ftr-463	1087	32	and	and	CCONJ
ftr-463	1087	33	deem	deem	VERB
ftr-463	1087	34	it	it	PRON
ftr-463	1087	35	to	to	PART
ftr-463	1087	36	be	be	AUX
ftr-463	1087	37	failed	fail	VERB
ftr-463	1087	38	-	-	PUNCT
ftr-463	1087	39	with	with	ADP
ftr-463	1087	40	respect	respect	NOUN
ftr-463	1087	41	to	to	ADP
ftr-463	1087	42	the	the	DET
ftr-463	1087	43	target	target	NOUN
ftr-463	1087	44	's	's	PART
ftr-463	1087	45	minority	minority	NOUN
ftr-463	1087	46	shareholders	shareholder	NOUN
ftr-463	1087	47	,	,	PUNCT
ftr-463	1087	48	even	even	ADV
ftr-463	1087	49	if	if	SCONJ
ftr-463	1087	50	they	they	PRON
ftr-463	1087	51	receive	receive	VERB
ftr-463	1087	52	acquiror	acquiror	NOUN
ftr-463	1087	53	or	or	CCONJ
ftr-463	1087	54	subsidiary	subsidiary	NOUN
ftr-463	1087	55	stock	stock	NOUN
ftr-463	1087	56	in	in	ADP
ftr-463	1087	57	the	the	DET
ftr-463	1087	58	transaction	transaction	NOUN
ftr-463	1087	59	,	,	PUNCT
ftr-463	1087	60	unless	unless	SCONJ
ftr-463	1087	61	the	the	DET
ftr-463	1087	62	combined	combine	VERB
ftr-463	1087	63	transactions	transaction	NOUN
ftr-463	1087	64	otherwise	otherwise	ADV
ftr-463	1087	65	satisfy	satisfy	VERB
ftr-463	1087	66	the	the	DET
ftr-463	1087	67	continuity	continuity	NOUN
ftr-463	1087	68	requirement	requirement	NOUN
ftr-463	1087	69	.	.	PUNCT
ftr-463	1088	1	accordingly	accordingly	ADV
ftr-463	1088	2	,	,	PUNCT
ftr-463	1088	3	minority	minority	NOUN
ftr-463	1088	4	shareholders	shareholder	NOUN
ftr-463	1088	5	of	of	ADP
ftr-463	1088	6	target	target	NOUN
ftr-463	1088	7	in	in	ADP
ftr-463	1088	8	a	a	DET
ftr-463	1088	9	section	section	NOUN
ftr-463	1088	10	338	338	NUM
ftr-463	1088	11	integrated	integrate	VERB
ftr-463	1088	12	stock	stock	NOUN
ftr-463	1088	13	purchase	purchase	NOUN
ftr-463	1088	14	and	and	CCONJ
ftr-463	1088	15	merger	merger	NOUN
ftr-463	1088	16	generally	generally	ADV
ftr-463	1088	17	recognize	recognize	VERB
ftr-463	1088	18	gain	gain	NOUN
ftr-463	1088	19	or	or	CCONJ
ftr-463	1088	20	loss	loss	NOUN
ftr-463	1088	21	.	.	PUNCT
ftr-463	1089	1	this	this	DET
ftr-463	1089	2	result	result	NOUN
ftr-463	1089	3	preserves	preserve	VERB
ftr-463	1089	4	the	the	DET
ftr-463	1089	5	result	result	NOUN
ftr-463	1089	6	of	of	ADP
ftr-463	1089	7	kass	kass	PROPN
ftr-463	1089	8	v.	v.	PROPN
ftr-463	1089	9	commissioner	commissioner	PROPN
ftr-463	1089	10	.	.	PUNCT
ftr-463	1090	1	'66	'66	NUM
ftr-463	1090	2	the	the	DET
ftr-463	1090	3	preamble	preamble	NOUN
ftr-463	1090	4	to	to	ADP
ftr-463	1090	5	the	the	DET
ftr-463	1090	6	regulations	regulation	NOUN
ftr-463	1090	7	explains	explain	VERB
ftr-463	1090	8	the	the	DET
ftr-463	1090	9	service	service	NOUN
ftr-463	1090	10	's	's	PART
ftr-463	1090	11	view	view	NOUN
ftr-463	1090	12	that	that	SCONJ
ftr-463	1090	13	congress	congress	PROPN
ftr-463	1090	14	intended	intend	VERB
ftr-463	1090	15	a	a	DET
ftr-463	1090	16	section	section	NOUN
ftr-463	1090	17	338	338	NUM
ftr-463	1090	18	election	election	NOUN
ftr-463	1090	19	to	to	PART
ftr-463	1090	20	be	be	AUX
ftr-463	1090	21	the	the	DET
ftr-463	1090	22	exclusive	exclusive	ADJ
ftr-463	1090	23	means	mean	NOUN
ftr-463	1090	24	for	for	ADP
ftr-463	1090	25	acquiring	acquire	VERB
ftr-463	1090	26	a	a	DET
ftr-463	1090	27	cost	cost	NOUN
ftr-463	1090	28	basis	basis	NOUN
ftr-463	1090	29	in	in	ADP
ftr-463	1090	30	a	a	DET
ftr-463	1090	31	target	target	NOUN
ftr-463	1090	32	's	's	PART
ftr-463	1090	33	assets	asset	NOUN
ftr-463	1090	34	following	follow	VERB
ftr-463	1090	35	a	a	DET
ftr-463	1090	36	qualified	qualified	ADJ
ftr-463	1090	37	stock	stock	NOUN
ftr-463	1090	38	purchase	purchase	NOUN
ftr-463	1090	39	and	and	CCONJ
ftr-463	1090	40	that	that	SCONJ
ftr-463	1090	41	a	a	DET
ftr-463	1090	42	merger	merger	NOUN
ftr-463	1090	43	of	of	ADP
ftr-463	1090	44	the	the	DET
ftr-463	1090	45	target	target	NOUN
ftr-463	1090	46	into	into	ADP
ftr-463	1090	47	a	a	DET
ftr-463	1090	48	wholly	wholly	ADV
ftr-463	1090	49	-	-	PUNCT
ftr-463	1090	50	owned	own	VERB
ftr-463	1090	51	subsidiary	subsidiary	NOUN
ftr-463	1090	52	therefore	therefore	ADV
ftr-463	1090	53	should	should	AUX
ftr-463	1090	54	not	not	PART
ftr-463	1090	55	result	result	VERB
ftr-463	1090	56	in	in	ADP
ftr-463	1090	57	a	a	DET
ftr-463	1090	58	cost	cost	NOUN
ftr-463	1090	59	basis	basis	NOUN
ftr-463	1090	60	unless	unless	SCONJ
ftr-463	1090	61	the	the	DET
ftr-463	1090	62	election	election	NOUN
ftr-463	1090	63	is	be	AUX
ftr-463	1090	64	made	make	VERB
ftr-463	1090	65	.	.	PUNCT
ftr-463	1091	1	deeming	deeming	ADJ
ftr-463	1091	2	continuity	continuity	NOUN
ftr-463	1091	3	to	to	PART
ftr-463	1091	4	be	be	AUX
ftr-463	1091	5	met	meet	VERB
ftr-463	1091	6	for	for	ADP
ftr-463	1091	7	target	target	NOUN
ftr-463	1091	8	,	,	PUNCT
ftr-463	1091	9	acquiror	acquiror	NOUN
ftr-463	1091	10	,	,	PUNCT
ftr-463	1091	11	and	and	CCONJ
ftr-463	1091	12	subsidiary	subsidiary	NOUN
ftr-463	1091	13	is	be	AUX
ftr-463	1091	14	"	"	PUNCT
ftr-463	1091	15	the	the	DET
ftr-463	1091	16	simplest	simple	ADJ
ftr-463	1091	17	and	and	CCONJ
ftr-463	1091	18	most	most	ADV
ftr-463	1091	19	effective	effective	ADJ
ftr-463	1091	20	means	mean	NOUN
ftr-463	1091	21	"	"	PUNCT
ftr-463	1091	22	of	of	ADP
ftr-463	1091	23	achieving	achieve	VERB
ftr-463	1091	24	that	that	PRON
ftr-463	1091	25	result	result	VERB
ftr-463	1091	26	.	.	PUNCT
ftr-463	1092	1	167	167	NUM
ftr-463	1093	1	the	the	DET
ftr-463	1093	2	preamble	preamble	NOUN
ftr-463	1093	3	asserts	assert	VERB
ftr-463	1093	4	that	that	SCONJ
ftr-463	1093	5	retaining	retain	VERB
ftr-463	1093	6	a	a	DET
ftr-463	1093	7	continuity	continuity	NOUN
ftr-463	1093	8	requirement	requirement	NOUN
ftr-463	1093	9	for	for	ADP
ftr-463	1093	10	minority	minority	NOUN
ftr-463	1093	11	shareholders	shareholder	NOUN
ftr-463	1093	12	is	be	AUX
ftr-463	1093	13	appropriate	appropriate	ADJ
ftr-463	1093	14	because	because	SCONJ
ftr-463	1093	15	"	"	PUNCT
ftr-463	1093	16	the	the	DET
ftr-463	1093	17	legislative	legislative	ADJ
ftr-463	1093	18	history	history	NOUN
ftr-463	1093	19	does	do	AUX
ftr-463	1093	20	not	not	PART
ftr-463	1093	21	indicate	indicate	VERB
ftr-463	1093	22	any	any	DET
ftr-463	1093	23	intention	intention	NOUN
ftr-463	1093	24	to	to	PART
ftr-463	1093	25	provide	provide	VERB
ftr-463	1093	26	reorganization	reorganization	NOUN
ftr-463	1093	27	treatment	treatment	NOUN
ftr-463	1093	28	for	for	ADP
ftr-463	1093	29	all	all	DET
ftr-463	1093	30	purposes	purpose	NOUN
ftr-463	1093	31	to	to	ADP
ftr-463	1093	32	exchanges	exchange	NOUN
ftr-463	1093	33	of	of	ADP
ftr-463	1093	34	stock	stock	NOUN
ftr-463	1093	35	incident	incident	NOUN
ftr-463	1093	36	to	to	ADP
ftr-463	1093	37	asset	asset	NOUN
ftr-463	1093	38	transfers	transfer	NOUN
ftr-463	1093	39	after	after	ADP
ftr-463	1093	40	[	[	X
ftr-463	1093	41	qualified	qualified	ADJ
ftr-463	1093	42	stock	stock	NOUN
ftr-463	1093	43	purchases	purchase	NOUN
ftr-463	1093	44	]	]	PUNCT
ftr-463	1093	45	.	.	PUNCT
ftr-463	1093	46	"	"	PUNCT
ftr-463	1094	1	the	the	DET
ftr-463	1094	2	legislative	legislative	ADJ
ftr-463	1094	3	history	history	NOUN
ftr-463	1094	4	of	of	ADP
ftr-463	1094	5	section	section	NOUN
ftr-463	1094	6	338	338	NUM
ftr-463	1094	7	does	do	AUX
ftr-463	1094	8	not	not	PART
ftr-463	1094	9	"	"	PUNCT
ftr-463	1094	10	indicate	indicate	VERB
ftr-463	1094	11	any	any	DET
ftr-463	1094	12	intent	intent	NOUN
ftr-463	1094	13	to	to	PART
ftr-463	1094	14	eliminate	eliminate	VERB
ftr-463	1094	15	the	the	DET
ftr-463	1094	16	continuity	continuity	NOUN
ftr-463	1094	17	of	of	ADP
ftr-463	1094	18	interest	interest	NOUN
ftr-463	1094	19	requirement	requirement	NOUN
ftr-463	1094	20	generally	generally	ADV
ftr-463	1094	21	....	....	PUNCT
ftr-463	1094	22	16	16	NUM
ftr-463	1095	1	neither	neither	CCONJ
ftr-463	1095	2	the	the	DET
ftr-463	1095	3	policy	policy	NOUN
ftr-463	1095	4	behind	behind	ADP
ftr-463	1095	5	section	section	NOUN
ftr-463	1095	6	338	338	NUM
ftr-463	1095	7	nor	nor	CCONJ
ftr-463	1095	8	its	its	PRON
ftr-463	1095	9	legislative	legislative	ADJ
ftr-463	1095	10	history	history	NOUN
ftr-463	1095	11	compels	compel	VERB
ftr-463	1095	12	the	the	DET
ftr-463	1095	13	approach	approach	NOUN
ftr-463	1095	14	of	of	ADP
ftr-463	1095	15	the	the	DET
ftr-463	1095	16	anti	anti	ADJ
ftr-463	1095	17	-	-	ADJ
ftr-463	1095	18	yoc	yoc	NOUN
ftr-463	1095	19	heating	heating	NOUN
ftr-463	1095	20	regulations	regulation	NOUN
ftr-463	1095	21	.	.	PUNCT
ftr-463	1096	1	after	after	ADP
ftr-463	1096	2	the	the	DET
ftr-463	1096	3	repeal	repeal	NOUN
ftr-463	1096	4	of	of	ADP
ftr-463	1096	5	general	general	ADJ
ftr-463	1096	6	utilities	utility	NOUN
ftr-463	1096	7	,	,	PUNCT
ftr-463	1096	8	an	an	DET
ftr-463	1096	9	acquiror	acquiror	NOUN
ftr-463	1096	10	can	can	AUX
ftr-463	1096	11	not	not	PART
ftr-463	1096	12	make	make	VERB
ftr-463	1096	13	a	a	DET
ftr-463	1096	14	qualified	qualified	ADJ
ftr-463	1096	15	stock	stock	NOUN
ftr-463	1096	16	purchase	purchase	NOUN
ftr-463	1096	17	,	,	PUNCT
ftr-463	1096	18	decline	decline	VERB
ftr-463	1096	19	to	to	PART
ftr-463	1096	20	make	make	VERB
ftr-463	1096	21	a	a	DET
ftr-463	1096	22	section	section	NOUN
ftr-463	1096	23	338	338	NUM
ftr-463	1096	24	election	election	NOUN
ftr-463	1096	25	,	,	PUNCT
ftr-463	1096	26	merge	merge	VERB
ftr-463	1096	27	the	the	DET
ftr-463	1096	28	target	target	NOUN
ftr-463	1096	29	into	into	ADP
ftr-463	1096	30	the	the	DET
ftr-463	1096	31	acquiror	acquiror	NOUN
ftr-463	1096	32	's	's	PART
ftr-463	1096	33	whollyowned	whollyowne	VERB
ftr-463	1096	34	subsidiary	subsidiary	NOUN
ftr-463	1096	35	and	and	CCONJ
ftr-463	1096	36	simply	simply	ADV
ftr-463	1096	37	claim	claim	VERB
ftr-463	1096	38	a	a	DET
ftr-463	1096	39	cost	cost	NOUN
ftr-463	1096	40	basis	basis	NOUN
ftr-463	1096	41	in	in	ADP
ftr-463	1096	42	target	target	NOUN
ftr-463	1096	43	's	's	PART
ftr-463	1096	44	stock	stock	NOUN
ftr-463	1096	45	,	,	PUNCT
ftr-463	1096	46	as	as	SCONJ
ftr-463	1096	47	could	could	AUX
ftr-463	1096	48	the	the	DET
ftr-463	1096	49	taxpayer	taxpayer	NOUN
ftr-463	1096	50	in	in	ADP
ftr-463	1096	51	yoc	yoc	PROPN
ftr-463	1096	52	heating	heating	NOUN
ftr-463	1096	53	.	.	PUNCT
ftr-463	1097	1	instead	instead	ADV
ftr-463	1097	2	,	,	PUNCT
ftr-463	1097	3	if	if	SCONJ
ftr-463	1097	4	the	the	DET
ftr-463	1097	5	second	second	ADJ
ftr-463	1097	6	-	-	PUNCT
ftr-463	1097	7	step	step	NOUN
ftr-463	1097	8	merger	merger	NOUN
ftr-463	1097	9	is	be	AUX
ftr-463	1097	10	integrated	integrate	VERB
ftr-463	1097	11	with	with	ADP
ftr-463	1097	12	the	the	DET
ftr-463	1097	13	stock	stock	NOUN
ftr-463	1097	14	purchase	purchase	NOUN
ftr-463	1097	15	or	or	CCONJ
ftr-463	1097	16	fails	fail	VERB
ftr-463	1097	17	to	to	PART
ftr-463	1097	18	satisfy	satisfy	VERB
ftr-463	1097	19	continuity	continuity	NOUN
ftr-463	1097	20	,	,	PUNCT
ftr-463	1097	21	the	the	DET
ftr-463	1097	22	target	target	NOUN
ftr-463	1097	23	recognizes	recognize	VERB
ftr-463	1097	24	gain	gain	NOUN
ftr-463	1097	25	or	or	CCONJ
ftr-463	1097	26	loss	loss	NOUN
ftr-463	1097	27	on	on	ADP
ftr-463	1097	28	the	the	DET
ftr-463	1097	29	transfer	transfer	NOUN
ftr-463	1097	30	of	of	ADP
ftr-463	1097	31	its	its	PRON
ftr-463	1097	32	assets	asset	NOUN
ftr-463	1097	33	in	in	ADP
ftr-463	1097	34	the	the	DET
ftr-463	1097	35	merger,69	merger,69	NOUN
ftr-463	1097	36	which	which	PRON
ftr-463	1097	37	is	be	AUX
ftr-463	1097	38	exactly	exactly	ADV
ftr-463	1097	39	what	what	PRON
ftr-463	1097	40	165	165	NUM
ftr-463	1097	41	.	.	PUNCT
ftr-463	1098	1	as	as	SCONJ
ftr-463	1098	2	discussed	discuss	VERB
ftr-463	1098	3	above	above	ADV
ftr-463	1098	4	in	in	ADP
ftr-463	1098	5	note	note	NOUN
ftr-463	1098	6	99	99	NUM
ftr-463	1098	7	,	,	PUNCT
ftr-463	1098	8	the	the	DET
ftr-463	1098	9	yoc	yoc	PROPN
ftr-463	1098	10	heating	heating	NOUN
ftr-463	1098	11	court	court	NOUN
ftr-463	1098	12	applied	apply	VERB
ftr-463	1098	13	the	the	DET
ftr-463	1098	14	continuity	continuity	NOUN
ftr-463	1098	15	test	test	NOUN
ftr-463	1098	16	for	for	ADP
ftr-463	1098	17	f	f	PROPN
ftr-463	1098	18	reorganizations	reorganization	NOUN
ftr-463	1098	19	,	,	PUNCT
ftr-463	1098	20	which	which	PRON
ftr-463	1098	21	arguably	arguably	ADV
ftr-463	1098	22	is	be	AUX
ftr-463	1098	23	different	different	ADJ
ftr-463	1098	24	in	in	ADP
ftr-463	1098	25	purpose	purpose	NOUN
ftr-463	1098	26	,	,	PUNCT
ftr-463	1098	27	history	history	NOUN
ftr-463	1098	28	,	,	PUNCT
ftr-463	1098	29	and	and	CCONJ
ftr-463	1098	30	application	application	NOUN
ftr-463	1098	31	from	from	ADP
ftr-463	1098	32	the	the	DET
ftr-463	1098	33	more	more	ADV
ftr-463	1098	34	generally	generally	ADV
ftr-463	1098	35	applicable	applicable	ADJ
ftr-463	1098	36	continuity	continuity	NOUN
ftr-463	1098	37	of	of	ADP
ftr-463	1098	38	interest	interest	NOUN
ftr-463	1098	39	doctrine	doctrine	NOUN
ftr-463	1098	40	that	that	PRON
ftr-463	1098	41	originated	originate	VERB
ftr-463	1098	42	in	in	ADP
ftr-463	1098	43	cortland	cortland	PROPN
ftr-463	1098	44	and	and	CCONJ
ftr-463	1098	45	pinellas	pinellas	PROPN
ftr-463	1098	46	.	.	PUNCT
ftr-463	1099	1	166	166	NUM
ftr-463	1099	2	.	.	PUNCT
ftr-463	1100	1	kass	kass	PROPN
ftr-463	1100	2	is	be	AUX
ftr-463	1100	3	described	describe	VERB
ftr-463	1100	4	in	in	ADP
ftr-463	1100	5	supra	supra	PROPN
ftr-463	1100	6	note	note	PROPN
ftr-463	1100	7	144	144	NUM
ftr-463	1100	8	.	.	NOUN
ftr-463	1101	1	167	167	NUM
ftr-463	1101	2	.	.	PUNCT
ftr-463	1102	1	60	60	NUM
ftr-463	1102	2	fed	fed	PROPN
ftr-463	1102	3	.	.	PUNCT
ftr-463	1103	1	reg	reg	PROPN
ftr-463	1103	2	.	.	PUNCT
ftr-463	1104	1	54942	54942	NUM
ftr-463	1104	2	,	,	PUNCT
ftr-463	1104	3	54943	54943	NUM
ftr-463	1104	4	(	(	PUNCT
ftr-463	1104	5	oct	oct	PROPN
ftr-463	1104	6	.	.	PROPN
ftr-463	1104	7	27	27	NUM
ftr-463	1104	8	,	,	PUNCT
ftr-463	1104	9	1995	1995	NUM
ftr-463	1104	10	)	)	PUNCT
ftr-463	1104	11	.	.	PUNCT
ftr-463	1105	1	168	168	NUM
ftr-463	1105	2	.	.	X
ftr-463	1106	1	60	60	NUM
ftr-463	1106	2	fed	fed	PROPN
ftr-463	1106	3	.	.	PUNCT
ftr-463	1107	1	reg	reg	PROPN
ftr-463	1107	2	.	.	PUNCT
ftr-463	1108	1	9309	9309	NUM
ftr-463	1108	2	,	,	PUNCT
ftr-463	1108	3	9310	9310	NUM
ftr-463	1108	4	(	(	PUNCT
ftr-463	1108	5	feb	feb	PROPN
ftr-463	1108	6	.	.	PROPN
ftr-463	1108	7	17	17	NUM
ftr-463	1108	8	,	,	PUNCT
ftr-463	1108	9	1995	1995	NUM
ftr-463	1108	10	)	)	PUNCT
ftr-463	1108	11	.	.	PUNCT
ftr-463	1109	1	169	169	NUM
ftr-463	1109	2	.	.	PUNCT
ftr-463	1110	1	this	this	DET
ftr-463	1110	2	result	result	NOUN
ftr-463	1110	3	occurs	occur	VERB
ftr-463	1110	4	whether	whether	SCONJ
ftr-463	1110	5	the	the	DET
ftr-463	1110	6	target	target	NOUN
ftr-463	1110	7	is	be	AUX
ftr-463	1110	8	viewed	view	VERB
ftr-463	1110	9	as	as	ADP
ftr-463	1110	10	liquidating	liquidating	NOUN
ftr-463	1110	11	and	and	CCONJ
ftr-463	1110	12	its	its	PRON
ftr-463	1110	13	shareholders	shareholder	NOUN
ftr-463	1110	14	as	as	ADP
ftr-463	1110	15	making	make	VERB
ftr-463	1110	16	the	the	DET
ftr-463	1110	17	sale	sale	NOUN
ftr-463	1110	18	,	,	PUNCT
ftr-463	1110	19	or	or	CCONJ
ftr-463	1110	20	the	the	DET
ftr-463	1110	21	merger	merger	NOUN
ftr-463	1110	22	is	be	AUX
ftr-463	1110	23	viewed	view	VERB
ftr-463	1110	24	as	as	ADP
ftr-463	1110	25	a	a	DET
ftr-463	1110	26	taxable	taxable	ADJ
ftr-463	1110	27	asset	asset	NOUN
ftr-463	1110	28	sale	sale	NOUN
ftr-463	1110	29	.	.	PUNCT
ftr-463	1111	1	[	[	X
ftr-463	1111	2	vol	vol	NOUN
ftr-463	1111	3	.	.	PUNCT
ftr-463	1111	4	3:5	3:5	NUM
ftr-463	1111	5	1996	1996	NUM
ftr-463	1111	6	]	]	PUNCT
ftr-463	1111	7	devolution	devolution	NOUN
ftr-463	1111	8	&	&	CCONJ
ftr-463	1111	9	hievitable	hievitable	ADJ
ftr-463	1111	10	extinction	extinction	NOUN
ftr-463	1111	11	of	of	ADP
ftr-463	1111	12	the	the	DET
ftr-463	1111	13	continity	continity	NOUN
ftr-463	1111	14	of	of	ADP
ftr-463	1111	15	interest	interest	NOUN
ftr-463	1111	16	doctrine	doctrine	NOUN
ftr-463	1111	17	235	235	NUM
ftr-463	1111	18	happens	happen	VERB
ftr-463	1111	19	with	with	ADP
ftr-463	1111	20	a	a	DET
ftr-463	1111	21	section	section	NOUN
ftr-463	1111	22	338	338	NUM
ftr-463	1111	23	election	election	NOUN
ftr-463	1111	24	.	.	PUNCT
ftr-463	1112	1	the	the	DET
ftr-463	1112	2	legislative	legislative	ADJ
ftr-463	1112	3	history	history	NOUN
ftr-463	1112	4	to	to	PART
ftr-463	1112	5	section	section	VERB
ftr-463	1112	6	338	338	NUM
ftr-463	1112	7	that	that	PRON
ftr-463	1112	8	was	be	AUX
ftr-463	1112	9	relied	rely	VERB
ftr-463	1112	10	upon	upon	SCONJ
ftr-463	1112	11	in	in	ADP
ftr-463	1112	12	the	the	DET
ftr-463	1112	13	preamble	preamble	NOUN
ftr-463	1112	14	as	as	ADP
ftr-463	1112	15	the	the	DET
ftr-463	1112	16	basis	basis	NOUN
ftr-463	1112	17	for	for	ADP
ftr-463	1112	18	overruling	overrule	VERB
ftr-463	1112	19	yoc	yoc	PROPN
ftr-463	1112	20	heating	heating	NOUN
ftr-463	1112	21	states	state	NOUN
ftr-463	1112	22	only	only	ADV
ftr-463	1112	23	that	that	SCONJ
ftr-463	1112	24	congress	congress	PROPN
ftr-463	1112	25	intended	intend	VERB
ftr-463	1112	26	to	to	PART
ftr-463	1112	27	replace	replace	VERB
ftr-463	1112	28	common	common	ADJ
ftr-463	1112	29	law	law	NOUN
ftr-463	1112	30	"	"	PUNCT
ftr-463	1112	31	under	under	ADP
ftr-463	1112	32	the	the	DET
ftr-463	1112	33	kimbell	kimbell	NOUN
ftr-463	1112	34	-	-	PUNCT
ftr-463	1112	35	diamnond	diamnond	PROPN
ftr-463	1112	36	doctrine	doctrine	NOUN
ftr-463	1112	37	.	.	PUNCT
ftr-463	1112	38	"	"	PUNCT
ftr-463	1113	1	as	as	SCONJ
ftr-463	1113	2	described	describe	VERB
ftr-463	1113	3	above	above	ADV
ftr-463	1113	4	,	,	PUNCT
ftr-463	1113	5	the	the	DET
ftr-463	1113	6	tax	tax	NOUN
ftr-463	1113	7	court	court	NOUN
ftr-463	1113	8	in	in	ADP
ftr-463	1113	9	yoc	yoc	PROPN
ftr-463	1113	10	heating	heating	NOUN
ftr-463	1113	11	(	(	PUNCT
ftr-463	1113	12	which	which	PRON
ftr-463	1113	13	was	be	AUX
ftr-463	1113	14	decided	decide	VERB
ftr-463	1113	15	nine	nine	NUM
ftr-463	1113	16	years	year	NOUN
ftr-463	1113	17	before	before	SCONJ
ftr-463	1113	18	section	section	NOUN
ftr-463	1113	19	338	338	NUM
ftr-463	1113	20	was	be	AUX
ftr-463	1113	21	enacted	enact	VERB
ftr-463	1113	22	)	)	PUNCT
ftr-463	1113	23	took	take	VERB
ftr-463	1113	24	pains	pain	NOUN
ftr-463	1113	25	to	to	PART
ftr-463	1113	26	hold	hold	VERB
ftr-463	1113	27	that	that	SCONJ
ftr-463	1113	28	the	the	DET
ftr-463	1113	29	kinbell	kinbell	NOUN
ftr-463	1113	30	-	-	PUNCT
ftr-463	1113	31	diamnond	diamnond	PROPN
ftr-463	1113	32	doctrine	doctrine	NOUN
ftr-463	1113	33	applied	apply	VERB
ftr-463	1113	34	only	only	ADV
ftr-463	1113	35	to	to	ADP
ftr-463	1113	36	a	a	DET
ftr-463	1113	37	second	second	ADJ
ftr-463	1113	38	-	-	PUNCT
ftr-463	1113	39	step	step	NOUN
ftr-463	1113	40	liquidation	liquidation	NOUN
ftr-463	1113	41	,	,	PUNCT
ftr-463	1113	42	and	and	CCONJ
ftr-463	1113	43	not	not	PART
ftr-463	1113	44	to	to	ADP
ftr-463	1113	45	a	a	DET
ftr-463	1113	46	second	second	ADJ
ftr-463	1113	47	-	-	PUNCT
ftr-463	1113	48	step	step	NOUN
ftr-463	1113	49	reorganization	reorganization	NOUN
ftr-463	1113	50	.	.	PUNCT
ftr-463	1114	1	thus	thus	ADV
ftr-463	1114	2	,	,	PUNCT
ftr-463	1114	3	if	if	SCONJ
ftr-463	1114	4	congress	congress	PROPN
ftr-463	1114	5	intended	intend	VERB
ftr-463	1114	6	to	to	PART
ftr-463	1114	7	overrule	overrule	VERB
ftr-463	1114	8	yoc	yoc	PROPN
ftr-463	1114	9	heating	heating	NOUN
ftr-463	1114	10	,	,	PUNCT
ftr-463	1114	11	it	it	PRON
ftr-463	1114	12	would	would	AUX
ftr-463	1114	13	not	not	PART
ftr-463	1114	14	have	have	AUX
ftr-463	1114	15	done	do	VERB
ftr-463	1114	16	so	so	ADV
ftr-463	1114	17	by	by	ADP
ftr-463	1114	18	mentioning	mention	VERB
ftr-463	1114	19	only	only	ADV
ftr-463	1114	20	kimbell	kimbell	PROPN
ftr-463	1114	21	-	-	PUNCT
ftr-463	1114	22	diamnond	diamnond	NOUN
ftr-463	1114	23	.	.	PUNCT
ftr-463	1115	1	moreover	moreover	ADV
ftr-463	1115	2	,	,	PUNCT
ftr-463	1115	3	if	if	SCONJ
ftr-463	1115	4	by	by	ADP
ftr-463	1115	5	citing	cite	VERB
ftr-463	1115	6	only	only	ADJ
ftr-463	1115	7	kimnbell	kimnbell	NOUN
ftr-463	1115	8	-	-	PUNCT
ftr-463	1115	9	dianmond	dianmond	NOUN
ftr-463	1115	10	and	and	CCONJ
ftr-463	1115	11	not	not	PART
ftr-463	1115	12	yoc	yoc	PROPN
ftr-463	1115	13	heating	heating	NOUN
ftr-463	1115	14	,	,	PUNCT
ftr-463	1115	15	congress	congress	PROPN
ftr-463	1115	16	intended	intend	VERB
ftr-463	1115	17	to	to	PART
ftr-463	1115	18	replace	replace	VERB
ftr-463	1115	19	common	common	ADJ
ftr-463	1115	20	law	law	NOUN
ftr-463	1115	21	treatment	treatment	NOUN
ftr-463	1115	22	for	for	ADP
ftr-463	1115	23	liquidations	liquidation	NOUN
ftr-463	1115	24	only	only	ADV
ftr-463	1115	25	,	,	PUNCT
ftr-463	1115	26	it	it	PRON
ftr-463	1115	27	would	would	AUX
ftr-463	1115	28	have	have	VERB
ftr-463	1115	29	no	no	DET
ftr-463	1115	30	occasion	occasion	NOUN
ftr-463	1115	31	for	for	ADP
ftr-463	1115	32	addressing	address	VERB
ftr-463	1115	33	the	the	DET
ftr-463	1115	34	continuity	continuity	NOUN
ftr-463	1115	35	of	of	ADP
ftr-463	1115	36	interest	interest	NOUN
ftr-463	1115	37	requirement	requirement	NOUN
ftr-463	1115	38	.	.	PUNCT
ftr-463	1116	1	thus	thus	ADV
ftr-463	1116	2	,	,	PUNCT
ftr-463	1116	3	congress	congress	PROPN
ftr-463	1116	4	'	'	PART
ftr-463	1116	5	silence	silence	NOUN
ftr-463	1116	6	is	be	AUX
ftr-463	1116	7	not	not	PART
ftr-463	1116	8	necessarily	necessarily	ADV
ftr-463	1116	9	a	a	DET
ftr-463	1116	10	basis	basis	NOUN
ftr-463	1116	11	for	for	ADP
ftr-463	1116	12	selectively	selectively	ADV
ftr-463	1116	13	taxing	tax	VERB
ftr-463	1116	14	the	the	DET
ftr-463	1116	15	target	target	NOUN
ftr-463	1116	16	's	's	PART
ftr-463	1116	17	minority	minority	NOUN
ftr-463	1116	18	shareholders	shareholder	NOUN
ftr-463	1116	19	on	on	ADP
ftr-463	1116	20	a	a	DET
ftr-463	1116	21	merger	merger	NOUN
ftr-463	1116	22	following	follow	VERB
ftr-463	1116	23	a	a	DET
ftr-463	1116	24	qualified	qualified	ADJ
ftr-463	1116	25	stock	stock	NOUN
ftr-463	1116	26	purchase	purchase	NOUN
ftr-463	1116	27	.	.	PUNCT
ftr-463	1117	1	although	although	SCONJ
ftr-463	1117	2	the	the	DET
ftr-463	1117	3	preamble	preamble	NOUN
ftr-463	1117	4	to	to	ADP
ftr-463	1117	5	the	the	DET
ftr-463	1117	6	regulations	regulation	NOUN
ftr-463	1117	7	offers	offer	VERB
ftr-463	1117	8	no	no	DET
ftr-463	1117	9	further	further	ADJ
ftr-463	1117	10	insights	insight	NOUN
ftr-463	1117	11	to	to	ADP
ftr-463	1117	12	the	the	DET
ftr-463	1117	13	statutory	statutory	ADJ
ftr-463	1117	14	basis	basis	NOUN
ftr-463	1117	15	or	or	CCONJ
ftr-463	1117	16	other	other	ADJ
ftr-463	1117	17	reasons	reason	NOUN
ftr-463	1117	18	for	for	ADP
ftr-463	1117	19	the	the	DET
ftr-463	1117	20	new	new	ADJ
ftr-463	1117	21	rules	rule	NOUN
ftr-463	1117	22	,	,	PUNCT
ftr-463	1117	23	the	the	DET
ftr-463	1117	24	new	new	PROPN
ftr-463	1117	25	york	york	PROPN
ftr-463	1117	26	state	state	PROPN
ftr-463	1117	27	bar	bar	PROPN
ftr-463	1117	28	association	association	NOUN
ftr-463	1117	29	report	report	NOUN
ftr-463	1117	30	(	(	PUNCT
ftr-463	1117	31	the	the	DET
ftr-463	1117	32	bar	bar	NOUN
ftr-463	1117	33	report	report	NOUN
ftr-463	1117	34	)	)	PUNCT
ftr-463	1117	35	that	that	PRON
ftr-463	1117	36	precipitated	precipitate	VERB
ftr-463	1117	37	them	they	PRON
ftr-463	1117	38	offers	offer	VERB
ftr-463	1117	39	several	several	ADJ
ftr-463	1117	40	reasons	reason	NOUN
ftr-463	1117	41	for	for	ADP
ftr-463	1117	42	the	the	DET
ftr-463	1117	43	treatment	treatment	NOUN
ftr-463	1117	44	of	of	ADP
ftr-463	1117	45	both	both	CCONJ
ftr-463	1117	46	the	the	DET
ftr-463	1117	47	corporate	corporate	ADJ
ftr-463	1117	48	parties	party	NOUN
ftr-463	1117	49	and	and	CCONJ
ftr-463	1117	50	the	the	DET
ftr-463	1117	51	target	target	NOUN
ftr-463	1117	52	's	's	PART
ftr-463	1117	53	minority	minority	NOUN
ftr-463	1117	54	shareholders	shareholder	NOUN
ftr-463	1117	55	.	.	PUNCT
ftr-463	1118	1	first	first	ADV
ftr-463	1118	2	,	,	PUNCT
ftr-463	1118	3	the	the	DET
ftr-463	1118	4	bar	bar	NOUN
ftr-463	1118	5	report	report	NOUN
ftr-463	1118	6	notes	note	VERB
ftr-463	1118	7	that	that	SCONJ
ftr-463	1118	8	,	,	PUNCT
ftr-463	1118	9	in	in	ADP
ftr-463	1118	10	the	the	DET
ftr-463	1118	11	most	most	ADV
ftr-463	1118	12	straightforward	straightforward	ADJ
ftr-463	1118	13	case	case	NOUN
ftr-463	1118	14	,	,	PUNCT
ftr-463	1118	15	in	in	ADP
ftr-463	1118	16	which	which	PRON
ftr-463	1118	17	the	the	DET
ftr-463	1118	18	acquiror	acquiror	NOUN
ftr-463	1118	19	after	after	ADP
ftr-463	1118	20	a	a	DET
ftr-463	1118	21	100	100	NUM
ftr-463	1118	22	%	%	NOUN
ftr-463	1118	23	qualified	qualified	ADJ
ftr-463	1118	24	stock	stock	NOUN
ftr-463	1118	25	purchase	purchase	NOUN
ftr-463	1118	26	merges	merge	VERB
ftr-463	1118	27	the	the	DET
ftr-463	1118	28	target	target	NOUN
ftr-463	1118	29	into	into	ADP
ftr-463	1118	30	acquiror	acquiror	NOUN
ftr-463	1118	31	's	's	PART
ftr-463	1118	32	wholly	wholly	ADV
ftr-463	1118	33	-	-	PUNCT
ftr-463	1118	34	owned	own	VERB
ftr-463	1118	35	subsidiary	subsidiary	NOUN
ftr-463	1118	36	,	,	PUNCT
ftr-463	1118	37	tax	tax	NOUN
ftr-463	1118	38	-	-	PUNCT
ftr-463	1118	39	free	free	ADJ
ftr-463	1118	40	treatment	treatment	NOUN
ftr-463	1118	41	and	and	CCONJ
ftr-463	1118	42	a	a	DET
ftr-463	1118	43	carryover	carryover	NOUN
ftr-463	1118	44	basis	basis	NOUN
ftr-463	1118	45	could	could	AUX
ftr-463	1118	46	have	have	AUX
ftr-463	1118	47	been	be	AUX
ftr-463	1118	48	achieved	achieve	VERB
ftr-463	1118	49	by	by	ADP
ftr-463	1118	50	having	have	VERB
ftr-463	1118	51	acquiror	acquiror	NOUN
ftr-463	1118	52	's	's	PART
ftr-463	1118	53	subsidiary	subsidiary	NOUN
ftr-463	1118	54	make	make	VERB
ftr-463	1118	55	the	the	DET
ftr-463	1118	56	stock	stock	NOUN
ftr-463	1118	57	purchase	purchase	NOUN
ftr-463	1118	58	with	with	ADP
ftr-463	1118	59	funds	fund	NOUN
ftr-463	1118	60	contributed	contribute	VERB
ftr-463	1118	61	by	by	ADP
ftr-463	1118	62	the	the	DET
ftr-463	1118	63	acquiror	acquiror	NOUN
ftr-463	1118	64	and	and	CCONJ
ftr-463	1118	65	then	then	ADV
ftr-463	1118	66	causing	cause	VERB
ftr-463	1118	67	the	the	DET
ftr-463	1118	68	target	target	NOUN
ftr-463	1118	69	to	to	PART
ftr-463	1118	70	liquidate	liquidate	VERB
ftr-463	1118	71	into	into	ADP
ftr-463	1118	72	the	the	DET
ftr-463	1118	73	subsidiary	subsidiary	NOUN
ftr-463	1118	74	.	.	PUNCT
ftr-463	1119	1	alternatively	alternatively	ADV
ftr-463	1119	2	,	,	PUNCT
ftr-463	1119	3	where	where	SCONJ
ftr-463	1119	4	the	the	DET
ftr-463	1119	5	target	target	NOUN
ftr-463	1119	6	's	's	PART
ftr-463	1119	7	minority	minority	NOUN
ftr-463	1119	8	shareholders	shareholder	NOUN
ftr-463	1119	9	receive	receive	VERB
ftr-463	1119	10	subsidiary	subsidiary	NOUN
ftr-463	1119	11	stock	stock	NOUN
ftr-463	1119	12	in	in	ADP
ftr-463	1119	13	a	a	DET
ftr-463	1119	14	merger	merger	NOUN
ftr-463	1119	15	following	follow	VERB
ftr-463	1119	16	the	the	DET
ftr-463	1119	17	qualified	qualified	ADJ
ftr-463	1119	18	stock	stock	NOUN
ftr-463	1119	19	purchase	purchase	NOUN
ftr-463	1119	20	,	,	PUNCT
ftr-463	1119	21	the	the	DET
ftr-463	1119	22	same	same	ADJ
ftr-463	1119	23	result	result	NOUN
ftr-463	1119	24	could	could	AUX
ftr-463	1119	25	be	be	AUX
ftr-463	1119	26	achieved	achieve	VERB
ftr-463	1119	27	by	by	ADP
ftr-463	1119	28	the	the	DET
ftr-463	1119	29	acquiror	acquiror	NOUN
ftr-463	1119	30	and	and	CCONJ
ftr-463	1119	31	the	the	DET
ftr-463	1119	32	target	target	NOUN
ftr-463	1119	33	's	's	PART
ftr-463	1119	34	minority	minority	NOUN
ftr-463	1119	35	shareholders	shareholder	NOUN
ftr-463	1119	36	contributing	contribute	VERB
ftr-463	1119	37	target	target	NOUN
ftr-463	1119	38	stock	stock	NOUN
ftr-463	1119	39	to	to	ADP
ftr-463	1119	40	the	the	DET
ftr-463	1119	41	subsidiary	subsidiary	NOUN
ftr-463	1119	42	for	for	ADP
ftr-463	1119	43	subsidiary	subsidiary	ADJ
ftr-463	1119	44	stock	stock	NOUN
ftr-463	1119	45	in	in	ADP
ftr-463	1119	46	a	a	DET
ftr-463	1119	47	tax	tax	NOUN
ftr-463	1119	48	-	-	PUNCT
ftr-463	1119	49	free	free	ADJ
ftr-463	1119	50	section	section	NOUN
ftr-463	1119	51	351	351	NUM
ftr-463	1119	52	exchange	exchange	NOUN
ftr-463	1119	53	and	and	CCONJ
ftr-463	1119	54	causing	cause	VERB
ftr-463	1119	55	target	target	NOUN
ftr-463	1119	56	to	to	ADP
ftr-463	1119	57	liquidate.17	liquidate.17	NOUN
ftr-463	1119	58	'	'	PUNCT
ftr-463	1119	59	since	since	SCONJ
ftr-463	1119	60	the	the	DET
ftr-463	1119	61	result	result	NOUN
ftr-463	1119	62	of	of	ADP
ftr-463	1119	63	a	a	DET
ftr-463	1119	64	qualified	qualified	ADJ
ftr-463	1119	65	stock	stock	NOUN
ftr-463	1119	66	purchase	purchase	NOUN
ftr-463	1119	67	and	and	CCONJ
ftr-463	1119	68	merger	merger	NOUN
ftr-463	1119	69	can	can	AUX
ftr-463	1119	70	be	be	AUX
ftr-463	1119	71	accomplished	accomplish	VERB
ftr-463	1119	72	tax	tax	NOUN
ftr-463	1119	73	-	-	PUNCT
ftr-463	1119	74	free	free	ADJ
ftr-463	1119	75	by	by	ADP
ftr-463	1119	76	alternative	alternative	ADJ
ftr-463	1119	77	means	mean	NOUN
ftr-463	1119	78	,	,	PUNCT
ftr-463	1119	79	the	the	DET
ftr-463	1119	80	bar	bar	NOUN
ftr-463	1119	81	report	report	NOUN
ftr-463	1119	82	argues	argue	VERB
ftr-463	1119	83	that	that	SCONJ
ftr-463	1119	84	the	the	DET
ftr-463	1119	85	direct	direct	ADJ
ftr-463	1119	86	transaction	transaction	NOUN
ftr-463	1119	87	should	should	AUX
ftr-463	1119	88	also	also	ADV
ftr-463	1119	89	be	be	AUX
ftr-463	1119	90	tax	tax	NOUN
ftr-463	1119	91	-	-	PUNCT
ftr-463	1119	92	free	free	ADJ
ftr-463	1119	93	.	.	PUNCT
ftr-463	1120	1	stated	state	VERB
ftr-463	1120	2	another	another	DET
ftr-463	1120	3	way	way	NOUN
ftr-463	1120	4	,	,	PUNCT
ftr-463	1120	5	no	no	DET
ftr-463	1120	6	valid	valid	ADJ
ftr-463	1120	7	policy	policy	NOUN
ftr-463	1120	8	is	be	AUX
ftr-463	1120	9	served	serve	VERB
ftr-463	1120	10	by	by	ADP
ftr-463	1120	11	imposing	impose	VERB
ftr-463	1120	12	a	a	DET
ftr-463	1120	13	corporate	corporate	ADJ
ftr-463	1120	14	-	-	PUNCT
ftr-463	1120	15	level	level	NOUN
ftr-463	1120	16	tax	tax	NOUN
ftr-463	1120	17	on	on	ADP
ftr-463	1120	18	a	a	DET
ftr-463	1120	19	target	target	NOUN
ftr-463	1120	20	corporation	corporation	NOUN
ftr-463	1120	21	that	that	PRON
ftr-463	1120	22	is	be	AUX
ftr-463	1120	23	merged	merge	VERB
ftr-463	1120	24	into	into	ADP
ftr-463	1120	25	a	a	DET
ftr-463	1120	26	nonelecting	nonelecte	VERB
ftr-463	1120	27	acquiror	acquiror	NOUN
ftr-463	1120	28	's	's	PART
ftr-463	1120	29	subsidiary	subsidiary	NOUN
ftr-463	1120	30	following	follow	VERB
ftr-463	1120	31	170	170	NUM
ftr-463	1120	32	.	.	PUNCT
ftr-463	1121	1	see	see	VERB
ftr-463	1121	2	supra	supra	PROPN
ftr-463	1121	3	text	text	NOUN
ftr-463	1121	4	accompanying	accompanying	ADJ
ftr-463	1121	5	note	note	NOUN
ftr-463	1121	6	165	165	NUM
ftr-463	1121	7	.	.	PUNCT
ftr-463	1122	1	it	it	PRON
ftr-463	1122	2	was	be	AUX
ftr-463	1122	3	necessary	necessary	ADJ
ftr-463	1122	4	for	for	SCONJ
ftr-463	1122	5	congress	congress	PROPN
ftr-463	1122	6	to	to	PART
ftr-463	1122	7	make	make	VERB
ftr-463	1122	8	clear	clear	ADJ
ftr-463	1122	9	that	that	SCONJ
ftr-463	1122	10	a	a	DET
ftr-463	1122	11	§	§	PROPN
ftr-463	1122	12	338	338	NUM
ftr-463	1122	13	election	election	NOUN
ftr-463	1122	14	was	be	AUX
ftr-463	1122	15	the	the	DET
ftr-463	1122	16	exclusive	exclusive	ADJ
ftr-463	1122	17	means	mean	NOUN
ftr-463	1122	18	to	to	PART
ftr-463	1122	19	obtain	obtain	VERB
ftr-463	1122	20	a	a	DET
ftr-463	1122	21	cost	cost	NOUN
ftr-463	1122	22	basis	basis	NOUN
ftr-463	1122	23	in	in	ADP
ftr-463	1122	24	an	an	DET
ftr-463	1122	25	integrated	integrated	ADJ
ftr-463	1122	26	qualified	qualified	ADJ
ftr-463	1122	27	stock	stock	NOUN
ftr-463	1122	28	purchase	purchase	NOUN
ftr-463	1122	29	and	and	CCONJ
ftr-463	1122	30	liquidation	liquidation	NOUN
ftr-463	1122	31	transaction	transaction	NOUN
ftr-463	1122	32	.	.	PUNCT
ftr-463	1123	1	in	in	ADP
ftr-463	1123	2	american	american	ADJ
ftr-463	1123	3	potash	potash	NOUN
ftr-463	1123	4	&	&	CCONJ
ftr-463	1123	5	chem	chem	PROPN
ftr-463	1123	6	.	.	PUNCT
ftr-463	1123	7	corp	corp	PROPN
ftr-463	1123	8	.	.	PROPN
ftr-463	1123	9	v.	v.	PROPN
ftr-463	1123	10	united	united	PROPN
ftr-463	1123	11	states	states	PROPN
ftr-463	1123	12	.	.	PUNCT
ftr-463	1124	1	399	399	NUM
ftr-463	1124	2	f.2d	f.2d	SYM
ftr-463	1124	3	194	194	NUM
ftr-463	1124	4	(	(	PUNCT
ftr-463	1124	5	cl	cl	NOUN
ftr-463	1124	6	.	.	PUNCT
ftr-463	1125	1	ct	ct	PROPN
ftr-463	1125	2	.	.	PROPN
ftr-463	1125	3	1968	1968	NUM
ftr-463	1125	4	)	)	PUNCT
ftr-463	1126	1	,	,	PUNCT
ftr-463	1126	2	the	the	DET
ftr-463	1126	3	court	court	NOUN
ftr-463	1126	4	held	hold	VERB
ftr-463	1126	5	that	that	SCONJ
ftr-463	1126	6	§	§	PROPN
ftr-463	1126	7	334(b)(2	334(b)(2	NUM
ftr-463	1126	8	)	)	PUNCT
ftr-463	1126	9	did	do	AUX
ftr-463	1126	10	not	not	PART
ftr-463	1126	11	preempt	preempt	VERB
ftr-463	1126	12	the	the	DET
ftr-463	1126	13	kimbell	kimbell	NOUN
ftr-463	1126	14	-	-	PUNCT
ftr-463	1126	15	diantond	diantond	NOUN
ftr-463	1126	16	doctrine	doctrine	NOUN
ftr-463	1126	17	and	and	CCONJ
ftr-463	1126	18	that	that	SCONJ
ftr-463	1126	19	a	a	DET
ftr-463	1126	20	taxpayer	taxpayer	NOUN
ftr-463	1126	21	failing	fail	VERB
ftr-463	1126	22	to	to	PART
ftr-463	1126	23	satisfy	satisfy	VERB
ftr-463	1126	24	§	§	PROPN
ftr-463	1126	25	334(b)(2	334(b)(2	NUM
ftr-463	1126	26	)	)	PUNCT
ftr-463	1126	27	could	could	AUX
ftr-463	1126	28	still	still	ADV
ftr-463	1126	29	obtain	obtain	VERB
ftr-463	1126	30	a	a	DET
ftr-463	1126	31	cost	cost	NOUN
ftr-463	1126	32	basis	basis	NOUN
ftr-463	1126	33	under	under	ADP
ftr-463	1126	34	kimbell	kimbell	NOUN
ftr-463	1126	35	-	-	PUNCT
ftr-463	1126	36	diamond	diamond	NOUN
ftr-463	1126	37	.	.	PUNCT
ftr-463	1127	1	171	171	NUM
ftr-463	1127	2	.	.	PUNCT
ftr-463	1128	1	other	other	ADJ
ftr-463	1128	2	paths	path	NOUN
ftr-463	1128	3	to	to	ADP
ftr-463	1128	4	this	this	DET
ftr-463	1128	5	happy	happy	ADJ
ftr-463	1128	6	result	result	NOUN
ftr-463	1128	7	are	be	AUX
ftr-463	1128	8	traversed	traverse	VERB
ftr-463	1128	9	in	in	ADP
ftr-463	1128	10	ginsburg	ginsburg	PROPN
ftr-463	1128	11	&	&	CCONJ
ftr-463	1128	12	levin	levin	PROPN
ftr-463	1128	13	.	.	PUNCT
ftr-463	1129	1	supra	supra	PROPN
ftr-463	1129	2	note	note	PROPN
ftr-463	1129	3	1	1	NUM
ftr-463	1129	4	,	,	PUNCT
ftr-463	1129	5	§	§	PROPN
ftr-463	1129	6	610.9	610.9	NUM
ftr-463	1129	7	at	at	ADP
ftr-463	1129	8	616	616	NUM
ftr-463	1129	9	-	-	SYM
ftr-463	1129	10	22	22	NUM
ftr-463	1129	11	.	.	PUNCT
ftr-463	1130	1	florida	florida	PROPN
ftr-463	1130	2	tax	tax	PROPN
ftr-463	1130	3	review	review	NOUN
ftr-463	1130	4	a	a	DET
ftr-463	1130	5	qualified	qualified	ADJ
ftr-463	1130	6	stock	stock	NOUN
ftr-463	1130	7	purchase	purchase	NOUN
ftr-463	1130	8	.	.	PUNCT
ftr-463	1131	1	since	since	SCONJ
ftr-463	1131	2	the	the	DET
ftr-463	1131	3	only	only	ADJ
ftr-463	1131	4	bar	bar	NOUN
ftr-463	1131	5	to	to	ADP
ftr-463	1131	6	this	this	DET
ftr-463	1131	7	treatment	treatment	NOUN
ftr-463	1131	8	is	be	AUX
ftr-463	1131	9	the	the	DET
ftr-463	1131	10	continuity	continuity	NOUN
ftr-463	1131	11	of	of	ADP
ftr-463	1131	12	interest	interest	NOUN
ftr-463	1131	13	requirement	requirement	NOUN
ftr-463	1131	14	,	,	PUNCT
ftr-463	1131	15	the	the	DET
ftr-463	1131	16	most	most	ADV
ftr-463	1131	17	direct	direct	ADJ
ftr-463	1131	18	path	path	NOUN
ftr-463	1131	19	to	to	PART
ftr-463	1131	20	achieve	achieve	VERB
ftr-463	1131	21	this	this	DET
ftr-463	1131	22	result	result	NOUN
ftr-463	1131	23	(	(	PUNCT
ftr-463	1131	24	short	short	ADJ
ftr-463	1131	25	of	of	ADP
ftr-463	1131	26	reexamining	reexamine	VERB
ftr-463	1131	27	the	the	DET
ftr-463	1131	28	entire	entire	ADJ
ftr-463	1131	29	continuity	continuity	NOUN
ftr-463	1131	30	doctrine	doctrine	NOUN
ftr-463	1131	31	)	)	PUNCT
ftr-463	1131	32	is	be	AUX
ftr-463	1131	33	to	to	PART
ftr-463	1131	34	deem	deem	VERB
ftr-463	1131	35	continuity	continuity	NOUN
ftr-463	1131	36	to	to	PART
ftr-463	1131	37	be	be	AUX
ftr-463	1131	38	satisfied	satisfied	ADJ
ftr-463	1131	39	selectively	selectively	ADV
ftr-463	1131	40	.	.	PUNCT
ftr-463	1132	1	however	however	ADV
ftr-463	1132	2	,	,	PUNCT
ftr-463	1132	3	this	this	PRON
ftr-463	1132	4	leaves	leave	VERB
ftr-463	1132	5	the	the	DET
ftr-463	1132	6	nagging	nagging	ADJ
ftr-463	1132	7	question	question	NOUN
ftr-463	1132	8	of	of	ADP
ftr-463	1132	9	why	why	SCONJ
ftr-463	1132	10	the	the	DET
ftr-463	1132	11	continuity	continuity	NOUN
ftr-463	1132	12	of	of	ADP
ftr-463	1132	13	interest	interest	NOUN
ftr-463	1132	14	requirement	requirement	NOUN
ftr-463	1132	15	was	be	AUX
ftr-463	1132	16	not	not	PART
ftr-463	1132	17	entirely	entirely	ADV
ftr-463	1132	18	eliminated	eliminate	VERB
ftr-463	1132	19	for	for	ADP
ftr-463	1132	20	section	section	NOUN
ftr-463	1132	21	338	338	NUM
ftr-463	1132	22	integrated	integrate	VERB
ftr-463	1132	23	transactions	transaction	NOUN
ftr-463	1132	24	and	and	CCONJ
ftr-463	1132	25	why	why	SCONJ
ftr-463	1132	26	the	the	DET
ftr-463	1132	27	regulations	regulation	NOUN
ftr-463	1132	28	continue	continue	VERB
ftr-463	1132	29	to	to	PART
ftr-463	1132	30	apply	apply	VERB
ftr-463	1132	31	it	it	PRON
ftr-463	1132	32	to	to	PART
ftr-463	1132	33	cause	cause	VERB
ftr-463	1132	34	the	the	DET
ftr-463	1132	35	target	target	NOUN
ftr-463	1132	36	's	's	PART
ftr-463	1132	37	minority	minority	NOUN
ftr-463	1132	38	shareholders	shareholder	NOUN
ftr-463	1132	39	to	to	PART
ftr-463	1132	40	recognize	recognize	VERB
ftr-463	1132	41	gain	gain	NOUN
ftr-463	1132	42	or	or	CCONJ
ftr-463	1132	43	loss	loss	NOUN
ftr-463	1132	44	on	on	ADP
ftr-463	1132	45	the	the	DET
ftr-463	1132	46	exchange	exchange	NOUN
ftr-463	1132	47	of	of	ADP
ftr-463	1132	48	target	target	NOUN
ftr-463	1132	49	for	for	ADP
ftr-463	1132	50	subsidiary	subsidiary	NOUN
ftr-463	1132	51	stock	stock	NOUN
ftr-463	1132	52	.	.	PUNCT
ftr-463	1133	1	the	the	DET
ftr-463	1133	2	bar	bar	NOUN
ftr-463	1133	3	report	report	NOUN
ftr-463	1133	4	offers	offer	VERB
ftr-463	1133	5	several	several	ADJ
ftr-463	1133	6	reasons	reason	NOUN
ftr-463	1133	7	for	for	ADP
ftr-463	1133	8	this	this	DET
ftr-463	1133	9	result	result	NOUN
ftr-463	1133	10	.	.	PUNCT
ftr-463	1134	1	first	first	ADV
ftr-463	1134	2	,	,	PUNCT
ftr-463	1134	3	if	if	SCONJ
ftr-463	1134	4	the	the	DET
ftr-463	1134	5	economically	economically	ADV
ftr-463	1134	6	similar	similar	ADJ
ftr-463	1134	7	result	result	NOUN
ftr-463	1134	8	were	be	AUX
ftr-463	1134	9	accomplished	accomplish	VERB
ftr-463	1134	10	without	without	ADP
ftr-463	1134	11	a	a	DET
ftr-463	1134	12	qualified	qualified	ADJ
ftr-463	1134	13	stock	stock	NOUN
ftr-463	1134	14	purchase	purchase	NOUN
ftr-463	1134	15	but	but	CCONJ
ftr-463	1134	16	simply	simply	ADV
ftr-463	1134	17	by	by	ADP
ftr-463	1134	18	merging	merge	VERB
ftr-463	1134	19	target	target	NOUN
ftr-463	1134	20	into	into	ADP
ftr-463	1134	21	subsidiary	subsidiary	NOUN
ftr-463	1134	22	with	with	ADP
ftr-463	1134	23	the	the	DET
ftr-463	1134	24	consideration	consideration	NOUN
ftr-463	1134	25	consisting	consist	VERB
ftr-463	1134	26	of	of	ADP
ftr-463	1134	27	more	more	ADJ
ftr-463	1134	28	than	than	ADP
ftr-463	1134	29	80	80	NUM
ftr-463	1134	30	%	%	NOUN
ftr-463	1134	31	cash	cash	NOUN
ftr-463	1134	32	,	,	PUNCT
ftr-463	1134	33	the	the	DET
ftr-463	1134	34	continuity	continuity	NOUN
ftr-463	1134	35	of	of	ADP
ftr-463	1134	36	interest	interest	NOUN
ftr-463	1134	37	doctrine	doctrine	NOUN
ftr-463	1134	38	would	would	AUX
ftr-463	1134	39	deny	deny	VERB
ftr-463	1134	40	tax	tax	NOUN
ftr-463	1134	41	-	-	PUNCT
ftr-463	1134	42	free	free	ADJ
ftr-463	1134	43	treatment	treatment	NOUN
ftr-463	1134	44	to	to	ADP
ftr-463	1134	45	minority	minority	NOUN
ftr-463	1134	46	shareholders	shareholder	NOUN
ftr-463	1134	47	receiving	receive	VERB
ftr-463	1134	48	subsidiary	subsidiary	NOUN
ftr-463	1134	49	stock	stock	NOUN
ftr-463	1134	50	.	.	PUNCT
ftr-463	1135	1	accordingly	accordingly	ADV
ftr-463	1135	2	,	,	PUNCT
ftr-463	1135	3	the	the	DET
ftr-463	1135	4	target	target	NOUN
ftr-463	1135	5	's	's	PART
ftr-463	1135	6	minority	minority	NOUN
ftr-463	1135	7	shareholders	shareholder	NOUN
ftr-463	1135	8	should	should	AUX
ftr-463	1135	9	not	not	PART
ftr-463	1135	10	be	be	AUX
ftr-463	1135	11	entitled	entitle	VERB
ftr-463	1135	12	to	to	ADP
ftr-463	1135	13	tax	tax	NOUN
ftr-463	1135	14	-	-	PUNCT
ftr-463	1135	15	free	free	ADJ
ftr-463	1135	16	treatment	treatment	NOUN
ftr-463	1135	17	solely	solely	ADV
ftr-463	1135	18	as	as	ADP
ftr-463	1135	19	a	a	DET
ftr-463	1135	20	result	result	NOUN
ftr-463	1135	21	of	of	ADP
ftr-463	1135	22	the	the	DET
ftr-463	1135	23	acquiror	acquiror	NOUN
ftr-463	1135	24	's	's	PART
ftr-463	1135	25	qualified	qualified	ADJ
ftr-463	1135	26	stock	stock	NOUN
ftr-463	1135	27	purchase	purchase	NOUN
ftr-463	1135	28	.	.	PUNCT
ftr-463	1136	1	the	the	DET
ftr-463	1136	2	argument	argument	NOUN
ftr-463	1136	3	that	that	SCONJ
ftr-463	1136	4	like	like	ADP
ftr-463	1136	5	transactions	transaction	NOUN
ftr-463	1136	6	should	should	AUX
ftr-463	1136	7	be	be	AUX
ftr-463	1136	8	taxed	tax	VERB
ftr-463	1136	9	similarly	similarly	ADV
ftr-463	1136	10	has	have	VERB
ftr-463	1136	11	great	great	ADJ
ftr-463	1136	12	appeal	appeal	NOUN
ftr-463	1136	13	.	.	PUNCT
ftr-463	1137	1	absent	absent	ADJ
ftr-463	1137	2	a	a	DET
ftr-463	1137	3	wholesale	wholesale	ADJ
ftr-463	1137	4	rejection	rejection	NOUN
ftr-463	1137	5	of	of	ADP
ftr-463	1137	6	the	the	DET
ftr-463	1137	7	continuity	continuity	NOUN
ftr-463	1137	8	of	of	ADP
ftr-463	1137	9	interest	interest	NOUN
ftr-463	1137	10	doctrine	doctrine	NOUN
ftr-463	1137	11	(	(	PUNCT
ftr-463	1137	12	which	which	PRON
ftr-463	1137	13	would	would	AUX
ftr-463	1137	14	allow	allow	VERB
ftr-463	1137	15	tax	tax	NOUN
ftr-463	1137	16	-	-	PUNCT
ftr-463	1137	17	free	free	ADJ
ftr-463	1137	18	treatment	treatment	NOUN
ftr-463	1137	19	to	to	ADP
ftr-463	1137	20	minority	minority	NOUN
ftr-463	1137	21	shareholders	shareholder	NOUN
ftr-463	1137	22	in	in	ADP
ftr-463	1137	23	either	either	DET
ftr-463	1137	24	situation	situation	NOUN
ftr-463	1137	25	)	)	PUNCT
ftr-463	1137	26	,	,	PUNCT
ftr-463	1137	27	if	if	SCONJ
ftr-463	1137	28	under	under	ADP
ftr-463	1137	29	any	any	DET
ftr-463	1137	30	similar	similar	ADJ
ftr-463	1137	31	transaction	transaction	NOUN
ftr-463	1137	32	,	,	PUNCT
ftr-463	1137	33	minority	minority	NOUN
ftr-463	1137	34	shareholders	shareholder	NOUN
ftr-463	1137	35	would	would	AUX
ftr-463	1137	36	be	be	AUX
ftr-463	1137	37	subject	subject	ADJ
ftr-463	1137	38	to	to	ADP
ftr-463	1137	39	tax	tax	NOUN
ftr-463	1137	40	,	,	PUNCT
ftr-463	1137	41	the	the	DET
ftr-463	1137	42	regulations	regulation	NOUN
ftr-463	1137	43	might	might	AUX
ftr-463	1137	44	be	be	AUX
ftr-463	1137	45	justified	justify	VERB
ftr-463	1137	46	in	in	ADP
ftr-463	1137	47	maintaining	maintain	VERB
ftr-463	1137	48	the	the	DET
ftr-463	1137	49	status	status	NOUN
ftr-463	1137	50	quo	quo	NOUN
ftr-463	1137	51	.	.	PUNCT
ftr-463	1138	1	however	however	ADV
ftr-463	1138	2	,	,	PUNCT
ftr-463	1138	3	if	if	SCONJ
ftr-463	1138	4	the	the	DET
ftr-463	1138	5	acquiror	acquiror	NOUN
ftr-463	1138	6	purchases	purchase	VERB
ftr-463	1138	7	target	target	VERB
ftr-463	1138	8	stock	stock	NOUN
ftr-463	1138	9	in	in	ADP
ftr-463	1138	10	a	a	DET
ftr-463	1138	11	qualified	qualified	ADJ
ftr-463	1138	12	stock	stock	NOUN
ftr-463	1138	13	purchase	purchase	NOUN
ftr-463	1138	14	and	and	CCONJ
ftr-463	1138	15	together	together	ADV
ftr-463	1138	16	with	with	ADP
ftr-463	1138	17	target	target	NOUN
ftr-463	1138	18	minority	minority	NOUN
ftr-463	1138	19	shareholders	shareholder	NOUN
ftr-463	1138	20	contributes	contribute	VERB
ftr-463	1138	21	target	target	NOUN
ftr-463	1138	22	stock	stock	NOUN
ftr-463	1138	23	to	to	ADP
ftr-463	1138	24	the	the	DET
ftr-463	1138	25	acquiror	acquiror	NOUN
ftr-463	1138	26	's	's	PART
ftr-463	1138	27	subsidiary	subsidiary	NOUN
ftr-463	1138	28	for	for	ADP
ftr-463	1138	29	subsidiary	subsidiary	ADJ
ftr-463	1138	30	stock	stock	NOUN
ftr-463	1138	31	in	in	ADP
ftr-463	1138	32	a	a	DET
ftr-463	1138	33	section	section	NOUN
ftr-463	1138	34	351	351	NUM
ftr-463	1138	35	transaction	transaction	NOUN
ftr-463	1138	36	,	,	PUNCT
ftr-463	1138	37	both	both	PRON
ftr-463	1138	38	acquiror	acquiror	NOUN
ftr-463	1138	39	and	and	CCONJ
ftr-463	1138	40	target	target	NOUN
ftr-463	1138	41	minority	minority	NOUN
ftr-463	1138	42	shareholders	shareholder	NOUN
ftr-463	1138	43	would	would	AUX
ftr-463	1138	44	receive	receive	VERB
ftr-463	1138	45	the	the	DET
ftr-463	1138	46	subsidiary	subsidiary	NOUN
ftr-463	1138	47	stock	stock	NOUN
ftr-463	1138	48	tax	tax	NOUN
ftr-463	1138	49	-	-	PUNCT
ftr-463	1138	50	free	free	ADJ
ftr-463	1138	51	.	.	PUNCT
ftr-463	1139	1	the	the	DET
ftr-463	1139	2	subsidiary	subsidiary	NOUN
ftr-463	1139	3	could	could	AUX
ftr-463	1139	4	then	then	ADV
ftr-463	1139	5	liquidate	liquidate	VERB
ftr-463	1139	6	the	the	DET
ftr-463	1139	7	target	target	NOUN
ftr-463	1139	8	taxfree	taxfree	NOUN
ftr-463	1139	9	into	into	ADP
ftr-463	1139	10	subsidiary	subsidiary	NOUN
ftr-463	1139	11	and	and	CCONJ
ftr-463	1139	12	receive	receive	VERB
ftr-463	1139	13	the	the	DET
ftr-463	1139	14	target	target	NOUN
ftr-463	1139	15	's	's	PART
ftr-463	1139	16	assets	asset	NOUN
ftr-463	1139	17	with	with	ADP
ftr-463	1139	18	a	a	DET
ftr-463	1139	19	carryover	carryover	NOUN
ftr-463	1139	20	basis	basis	NOUN
ftr-463	1139	21	.	.	PUNCT
ftr-463	1140	1	thus	thus	ADV
ftr-463	1140	2	,	,	PUNCT
ftr-463	1140	3	the	the	DET
ftr-463	1140	4	rationale	rationale	NOUN
ftr-463	1140	5	for	for	ADP
ftr-463	1140	6	not	not	PART
ftr-463	1140	7	taxing	tax	VERB
ftr-463	1140	8	the	the	DET
ftr-463	1140	9	corporate	corporate	ADJ
ftr-463	1140	10	parties	party	NOUN
ftr-463	1140	11	in	in	ADP
ftr-463	1140	12	a	a	DET
ftr-463	1140	13	yoc	yoc	NOUN
ftr-463	1140	14	heating	heating	NOUN
ftr-463	1140	15	transaction	transaction	NOUN
ftr-463	1140	16	-	-	PUNCT
ftr-463	1140	17	that	that	SCONJ
ftr-463	1140	18	a	a	DET
ftr-463	1140	19	nontaxable	nontaxable	ADJ
ftr-463	1140	20	result	result	NOUN
ftr-463	1140	21	can	can	AUX
ftr-463	1140	22	be	be	AUX
ftr-463	1140	23	achieved	achieve	VERB
ftr-463	1140	24	in	in	ADP
ftr-463	1140	25	an	an	DET
ftr-463	1140	26	alternative	alternative	ADJ
ftr-463	1140	27	structure	structure	NOUN
ftr-463	1140	28	-	-	PUNCT
ftr-463	1140	29	might	might	AUX
ftr-463	1140	30	also	also	ADV
ftr-463	1140	31	justify	justify	VERB
ftr-463	1140	32	the	the	DET
ftr-463	1140	33	conclusion	conclusion	NOUN
ftr-463	1140	34	that	that	SCONJ
ftr-463	1140	35	the	the	DET
ftr-463	1140	36	continuity	continuity	NOUN
ftr-463	1140	37	of	of	ADP
ftr-463	1140	38	interest	interest	NOUN
ftr-463	1140	39	doctrine	doctrine	NOUN
ftr-463	1140	40	should	should	AUX
ftr-463	1140	41	not	not	PART
ftr-463	1140	42	be	be	AUX
ftr-463	1140	43	a	a	DET
ftr-463	1140	44	bar	bar	NOUN
ftr-463	1140	45	to	to	ADP
ftr-463	1140	46	tax	tax	NOUN
ftr-463	1140	47	-	-	PUNCT
ftr-463	1140	48	free	free	ADJ
ftr-463	1140	49	treatment	treatment	NOUN
ftr-463	1140	50	for	for	ADP
ftr-463	1140	51	the	the	DET
ftr-463	1140	52	minority	minority	NOUN
ftr-463	1140	53	shareholders	shareholder	NOUN
ftr-463	1140	54	.	.	PUNCT
ftr-463	1141	1	1	1	NUM
ftr-463	1141	2	7	7	NUM
ftr-463	1141	3	2	2	NUM
ftr-463	1141	4	172	172	NUM
ftr-463	1141	5	.	.	PUNCT
ftr-463	1142	1	section	section	NOUN
ftr-463	1142	2	351	351	NUM
ftr-463	1142	3	treatment	treatment	NOUN
ftr-463	1142	4	is	be	AUX
ftr-463	1142	5	not	not	PART
ftr-463	1142	6	available	available	ADJ
ftr-463	1142	7	if	if	SCONJ
ftr-463	1142	8	target	target	NOUN
ftr-463	1142	9	minority	minority	NOUN
ftr-463	1142	10	shareholders	shareholder	NOUN
ftr-463	1142	11	receive	receive	VERB
ftr-463	1142	12	acquiror	acquiror	NOUN
ftr-463	1142	13	stock	stock	NOUN
ftr-463	1142	14	.	.	PUNCT
ftr-463	1143	1	there	there	PRON
ftr-463	1143	2	is	be	VERB
ftr-463	1143	3	no	no	DET
ftr-463	1143	4	evident	evident	ADJ
ftr-463	1143	5	reason	reason	NOUN
ftr-463	1143	6	for	for	ADP
ftr-463	1143	7	taxing	tax	VERB
ftr-463	1143	8	target	target	NOUN
ftr-463	1143	9	minority	minority	NOUN
ftr-463	1143	10	shareholders	shareholder	NOUN
ftr-463	1143	11	if	if	SCONJ
ftr-463	1143	12	they	they	PRON
ftr-463	1143	13	receive	receive	VERB
ftr-463	1143	14	acquiror	acquiror	NOUN
ftr-463	1143	15	stock	stock	NOUN
ftr-463	1143	16	,	,	PUNCT
ftr-463	1143	17	while	while	SCONJ
ftr-463	1143	18	not	not	PART
ftr-463	1143	19	taxing	tax	VERB
ftr-463	1143	20	them	they	PRON
ftr-463	1143	21	if	if	SCONJ
ftr-463	1143	22	they	they	PRON
ftr-463	1143	23	receive	receive	VERB
ftr-463	1143	24	subsidiary	subsidiary	NOUN
ftr-463	1143	25	stock	stock	NOUN
ftr-463	1143	26	,	,	PUNCT
ftr-463	1143	27	especially	especially	ADV
ftr-463	1143	28	after	after	ADP
ftr-463	1143	29	the	the	DET
ftr-463	1143	30	statutory	statutory	ADJ
ftr-463	1143	31	repeal	repeal	NOUN
ftr-463	1143	32	of	of	ADP
ftr-463	1143	33	groman	groman	NOUN
ftr-463	1143	34	and	and	CCONJ
ftr-463	1143	35	bashford	bashford	NOUN
ftr-463	1143	36	.	.	PUNCT
ftr-463	1144	1	see	see	VERB
ftr-463	1144	2	supra	supra	PROPN
ftr-463	1144	3	part	part	NOUN
ftr-463	1144	4	iv.a	iv.a	NOUN
ftr-463	1144	5	and	and	CCONJ
ftr-463	1144	6	infra	infra	VERB
ftr-463	1144	7	part	part	NOUN
ftr-463	1144	8	v.a.6	v.a.6	PROPN
ftr-463	1144	9	.	.	PUNCT
ftr-463	1145	1	however	however	ADV
ftr-463	1145	2	,	,	PUNCT
ftr-463	1145	3	parent	parent	NOUN
ftr-463	1145	4	stock	stock	NOUN
ftr-463	1145	5	consideration	consideration	NOUN
ftr-463	1145	6	may	may	AUX
ftr-463	1145	7	be	be	AUX
ftr-463	1145	8	possible	possible	ADJ
ftr-463	1145	9	in	in	ADP
ftr-463	1145	10	a	a	DET
ftr-463	1145	11	tax	tax	NOUN
ftr-463	1145	12	-	-	PUNCT
ftr-463	1145	13	free	free	ADJ
ftr-463	1145	14	transaction	transaction	NOUN
ftr-463	1145	15	.	.	PUNCT
ftr-463	1146	1	if	if	SCONJ
ftr-463	1146	2	the	the	DET
ftr-463	1146	3	target	target	NOUN
ftr-463	1146	4	is	be	AUX
ftr-463	1146	5	recapitalized	recapitalize	VERB
ftr-463	1146	6	before	before	ADP
ftr-463	1146	7	the	the	DET
ftr-463	1146	8	merger	merger	NOUN
ftr-463	1146	9	by	by	ADP
ftr-463	1146	10	making	make	VERB
ftr-463	1146	11	its	its	PRON
ftr-463	1146	12	common	common	ADJ
ftr-463	1146	13	stock	stock	NOUN
ftr-463	1146	14	mandatorily	mandatorily	NOUN
ftr-463	1146	15	exchangeable	exchangeable	ADJ
ftr-463	1146	16	for	for	ADP
ftr-463	1146	17	parent	parent	NOUN
ftr-463	1146	18	stock	stock	NOUN
ftr-463	1146	19	,	,	PUNCT
ftr-463	1146	20	this	this	DET
ftr-463	1146	21	e	e	NOUN
ftr-463	1146	22	-	-	NOUN
ftr-463	1146	23	type	type	ADJ
ftr-463	1146	24	recapitalization	recapitalization	NOUN
ftr-463	1146	25	would	would	AUX
ftr-463	1146	26	apparently	apparently	ADV
ftr-463	1146	27	be	be	AUX
ftr-463	1146	28	respected	respect	VERB
ftr-463	1146	29	,	,	PUNCT
ftr-463	1146	30	even	even	ADV
ftr-463	1146	31	though	though	SCONJ
ftr-463	1146	32	it	it	PRON
ftr-463	1146	33	is	be	AUX
ftr-463	1146	34	a	a	DET
ftr-463	1146	35	component	component	NOUN
ftr-463	1146	36	of	of	ADP
ftr-463	1146	37	a	a	DET
ftr-463	1146	38	larger	large	ADJ
ftr-463	1146	39	transaction	transaction	NOUN
ftr-463	1146	40	.	.	PUNCT
ftr-463	1147	1	see	see	AUX
ftr-463	1147	2	rev	rev	PROPN
ftr-463	1147	3	.	.	PROPN
ftr-463	1148	1	rul	rul	PROPN
ftr-463	1148	2	.	.	PUNCT
ftr-463	1149	1	76	76	NUM
ftr-463	1149	2	-	-	SYM
ftr-463	1149	3	223	223	NUM
ftr-463	1149	4	,	,	PUNCT
ftr-463	1149	5	1976	1976	NUM
ftr-463	1149	6	-	-	SYM
ftr-463	1149	7	1	1	NUM
ftr-463	1149	8	c.b	c.b	PROPN
ftr-463	1149	9	.	.	PROPN
ftr-463	1149	10	103	103	NUM
ftr-463	1149	11	(	(	PUNCT
ftr-463	1149	12	two	two	NUM
ftr-463	1149	13	step	step	NOUN
ftr-463	1149	14	transaction	transaction	NOUN
ftr-463	1149	15	in	in	ADP
ftr-463	1149	16	which	which	PRON
ftr-463	1149	17	preferred	preferred	ADJ
ftr-463	1149	18	stock	stock	NOUN
ftr-463	1149	19	of	of	ADP
ftr-463	1149	20	target	target	NOUN
ftr-463	1149	21	was	be	AUX
ftr-463	1149	22	converted	convert	VERB
ftr-463	1149	23	into	into	ADP
ftr-463	1149	24	19	19	NUM
ftr-463	1149	25	%	%	NOUN
ftr-463	1149	26	of	of	ADP
ftr-463	1149	27	voting	vote	VERB
ftr-463	1149	28	common	common	ADJ
ftr-463	1149	29	stock	stock	NOUN
ftr-463	1149	30	and	and	CCONJ
ftr-463	1149	31	acquiror	acquiror	NOUN
ftr-463	1149	32	acquired	acquire	VERB
ftr-463	1149	33	remaining	remain	VERB
ftr-463	1149	34	81	81	NUM
ftr-463	1149	35	%	%	NOUN
ftr-463	1149	36	of	of	ADP
ftr-463	1149	37	voting	vote	VERB
ftr-463	1149	38	common	common	ADJ
ftr-463	1149	39	stock	stock	NOUN
ftr-463	1149	40	for	for	ADP
ftr-463	1149	41	voting	vote	VERB
ftr-463	1149	42	stock	stock	NOUN
ftr-463	1149	43	of	of	ADP
ftr-463	1149	44	acquiror	acquiror	NOUN
ftr-463	1149	45	qualified	qualified	ADJ
ftr-463	1149	46	as	as	ADP
ftr-463	1149	47	a	a	DET
ftr-463	1149	48	recapitalization	recapitalization	NOUN
ftr-463	1149	49	followed	follow	VERB
ftr-463	1149	50	by	by	ADP
ftr-463	1149	51	a	a	DET
ftr-463	1149	52	b	b	NOUN
ftr-463	1149	53	reorganization	reorganization	NOUN
ftr-463	1149	54	)	)	PUNCT
ftr-463	1149	55	;	;	PUNCT
ftr-463	1150	1	priv	priv	PROPN
ftr-463	1150	2	.	.	PUNCT
ftr-463	1151	1	let	let	VERB
ftr-463	1151	2	.	.	PUNCT
ftr-463	1152	1	rul	rul	NOUN
ftr-463	1152	2	.	.	PUNCT
ftr-463	1153	1	9207028	9207028	NUM
ftr-463	1153	2	(	(	PUNCT
ftr-463	1153	3	nov	nov	PROPN
ftr-463	1153	4	.	.	PUNCT
ftr-463	1154	1	[	[	X
ftr-463	1154	2	vol	vol	NOUN
ftr-463	1154	3	.	.	PUNCT
ftr-463	1154	4	3:5	3:5	NUM
ftr-463	1154	5	1996	1996	NUM
ftr-463	1154	6	]	]	PUNCT
ftr-463	1154	7	devolution	devolution	NOUN
ftr-463	1154	8	&	&	CCONJ
ftr-463	1154	9	inevitable	inevitable	ADJ
ftr-463	1154	10	extinction	extinction	NOUN
ftr-463	1154	11	of	of	ADP
ftr-463	1154	12	the	the	DET
ftr-463	1154	13	continuity	continuity	NOUN
ftr-463	1154	14	of	of	ADP
ftr-463	1154	15	interest	interest	NOUN
ftr-463	1154	16	doctrine	doctrine	NOUN
ftr-463	1154	17	237	237	NUM
ftr-463	1154	18	second	second	ADJ
ftr-463	1154	19	,	,	PUNCT
ftr-463	1154	20	the	the	DET
ftr-463	1154	21	bar	bar	NOUN
ftr-463	1154	22	report	report	NOUN
ftr-463	1154	23	argues	argue	VERB
ftr-463	1154	24	that	that	SCONJ
ftr-463	1154	25	it	it	PRON
ftr-463	1154	26	is	be	AUX
ftr-463	1154	27	appropriate	appropriate	ADJ
ftr-463	1154	28	to	to	PART
ftr-463	1154	29	tax	tax	NOUN
ftr-463	1154	30	minority	minority	NOUN
ftr-463	1154	31	shareholders	shareholder	NOUN
ftr-463	1154	32	because	because	SCONJ
ftr-463	1154	33	existing	exist	VERB
ftr-463	1154	34	law	law	NOUN
ftr-463	1154	35	(	(	PUNCT
ftr-463	1154	36	e.g.	e.g.	ADV
ftr-463	1154	37	,	,	PUNCT
ftr-463	1154	38	kass	kass	PROPN
ftr-463	1154	39	)	)	PUNCT
ftr-463	1154	40	denies	deny	VERB
ftr-463	1154	41	tax	tax	NOUN
ftr-463	1154	42	-	-	PUNCT
ftr-463	1154	43	free	free	ADJ
ftr-463	1154	44	treatment	treatment	NOUN
ftr-463	1154	45	to	to	ADP
ftr-463	1154	46	the	the	DET
ftr-463	1154	47	target	target	NOUN
ftr-463	1154	48	's	's	PART
ftr-463	1154	49	minority	minority	NOUN
ftr-463	1154	50	shareholders	shareholder	NOUN
ftr-463	1154	51	and	and	CCONJ
ftr-463	1154	52	,	,	PUNCT
ftr-463	1154	53	absent	absent	ADJ
ftr-463	1154	54	a	a	DET
ftr-463	1154	55	compelling	compelling	ADJ
ftr-463	1154	56	reason	reason	NOUN
ftr-463	1154	57	,	,	PUNCT
ftr-463	1154	58	regulations	regulation	NOUN
ftr-463	1154	59	under	under	ADP
ftr-463	1154	60	section	section	NOUN
ftr-463	1154	61	338	338	NUM
ftr-463	1154	62	should	should	AUX
ftr-463	1154	63	not	not	PART
ftr-463	1154	64	change	change	VERB
ftr-463	1154	65	this	this	DET
ftr-463	1154	66	result	result	NOUN
ftr-463	1154	67	.	.	PUNCT
ftr-463	1155	1	17	17	NUM
ftr-463	1155	2	"	"	PUNCT
ftr-463	1155	3	although	although	SCONJ
ftr-463	1155	4	kass	kass	PROPN
ftr-463	1155	5	held	hold	VERB
ftr-463	1155	6	that	that	SCONJ
ftr-463	1155	7	minority	minority	NOUN
ftr-463	1155	8	shareholders	shareholder	NOUN
ftr-463	1155	9	in	in	ADP
ftr-463	1155	10	a	a	DET
ftr-463	1155	11	section	section	NOUN
ftr-463	1155	12	334(b)(2	334(b)(2	NUM
ftr-463	1155	13	)	)	PUNCT
ftr-463	1155	14	liquidation	liquidation	NOUN
ftr-463	1155	15	/	/	SYM
ftr-463	1155	16	merger	merger	NOUN
ftr-463	1155	17	were	be	AUX
ftr-463	1155	18	subject	subject	ADJ
ftr-463	1155	19	to	to	ADP
ftr-463	1155	20	tax	tax	NOUN
ftr-463	1155	21	,	,	PUNCT
ftr-463	1155	22	kass	kass	PROPN
ftr-463	1155	23	(	(	PUNCT
ftr-463	1155	24	and	and	CCONJ
ftr-463	1155	25	for	for	ADP
ftr-463	1155	26	that	that	DET
ftr-463	1155	27	matter	matter	NOUN
ftr-463	1155	28	yoc	yoc	PROPN
ftr-463	1155	29	hearing	hearing	NOUN
ftr-463	1155	30	)	)	PUNCT
ftr-463	1155	31	was	be	AUX
ftr-463	1155	32	decided	decide	VERB
ftr-463	1155	33	prior	prior	ADV
ftr-463	1155	34	to	to	ADP
ftr-463	1155	35	the	the	DET
ftr-463	1155	36	enactment	enactment	NOUN
ftr-463	1155	37	of	of	ADP
ftr-463	1155	38	section	section	NOUN
ftr-463	1155	39	338	338	NUM
ftr-463	1155	40	.	.	PUNCT
ftr-463	1156	1	the	the	DET
ftr-463	1156	2	legislative	legislative	ADJ
ftr-463	1156	3	history	history	NOUN
ftr-463	1156	4	of	of	ADP
ftr-463	1156	5	section	section	NOUN
ftr-463	1156	6	338	338	NUM
ftr-463	1156	7	indicates	indicate	VERB
ftr-463	1156	8	that	that	SCONJ
ftr-463	1156	9	congress	congress	PROPN
ftr-463	1156	10	intended	intend	VERB
ftr-463	1156	11	to	to	PART
ftr-463	1156	12	"	"	PUNCT
ftr-463	1156	13	replace	replace	VERB
ftr-463	1156	14	any	any	DET
ftr-463	1156	15	nonstatutory	nonstatutory	ADJ
ftr-463	1156	16	treatment	treatment	NOUN
ftr-463	1156	17	of	of	ADP
ftr-463	1156	18	a	a	DET
ftr-463	1156	19	stock	stock	NOUN
ftr-463	1156	20	purchase	purchase	NOUN
ftr-463	1156	21	as	as	ADP
ftr-463	1156	22	an	an	DET
ftr-463	1156	23	asset	asset	NOUN
ftr-463	1156	24	purchase	purchase	NOUN
ftr-463	1156	25	.	.	PUNCT
ftr-463	1156	26	"	"	PUNCT
ftr-463	1157	1	the	the	DET
ftr-463	1157	2	only	only	ADJ
ftr-463	1157	3	reason	reason	NOUN
ftr-463	1157	4	the	the	DET
ftr-463	1157	5	yoc	yoc	PROPN
ftr-463	1157	6	heating	heating	NOUN
ftr-463	1157	7	court	court	NOUN
ftr-463	1157	8	treated	treat	VERB
ftr-463	1157	9	the	the	DET
ftr-463	1157	10	stock	stock	NOUN
ftr-463	1157	11	purchase	purchase	NOUN
ftr-463	1157	12	as	as	ADP
ftr-463	1157	13	an	an	DET
ftr-463	1157	14	asset	asset	NOUN
ftr-463	1157	15	purchase	purchase	NOUN
ftr-463	1157	16	was	be	AUX
ftr-463	1157	17	the	the	DET
ftr-463	1157	18	continuity	continuity	NOUN
ftr-463	1157	19	of	of	ADP
ftr-463	1157	20	interest	interest	NOUN
ftr-463	1157	21	doctrine	doctrine	NOUN
ftr-463	1157	22	.	.	PUNCT
ftr-463	1158	1	if	if	SCONJ
ftr-463	1158	2	congress	congress	PROPN
ftr-463	1158	3	really	really	ADV
ftr-463	1158	4	had	have	VERB
ftr-463	1158	5	the	the	DET
ftr-463	1158	6	reversal	reversal	NOUN
ftr-463	1158	7	of	of	ADP
ftr-463	1158	8	yoc	yoc	PROPN
ftr-463	1158	9	healing	heal	VERB
ftr-463	1158	10	in	in	ADP
ftr-463	1158	11	mind	mind	NOUN
ftr-463	1158	12	when	when	SCONJ
ftr-463	1158	13	it	it	PRON
ftr-463	1158	14	enacted	enact	VERB
ftr-463	1158	15	section	section	NOUN
ftr-463	1158	16	338	338	NUM
ftr-463	1158	17	,	,	PUNCT
ftr-463	1158	18	it	it	PRON
ftr-463	1158	19	is	be	AUX
ftr-463	1158	20	far	far	ADV
ftr-463	1158	21	more	more	ADV
ftr-463	1158	22	likely	likely	ADJ
ftr-463	1158	23	that	that	SCONJ
ftr-463	1158	24	its	its	PRON
ftr-463	1158	25	stated	state	VERB
ftr-463	1158	26	intent	intent	NOUN
ftr-463	1158	27	to	to	PART
ftr-463	1158	28	"	"	PUNCT
ftr-463	1158	29	replace	replace	VERB
ftr-463	1158	30	any	any	DET
ftr-463	1158	31	nonstatutory	nonstatutory	ADJ
ftr-463	1158	32	treatment	treatment	NOUN
ftr-463	1158	33	"	"	PUNCT
ftr-463	1158	34	meant	mean	VERB
ftr-463	1158	35	that	that	SCONJ
ftr-463	1158	36	the	the	DET
ftr-463	1158	37	entire	entire	ADJ
ftr-463	1158	38	continuity	continuity	NOUN
ftr-463	1158	39	doctrine	doctrine	NOUN
ftr-463	1158	40	should	should	AUX
ftr-463	1158	41	be	be	AUX
ftr-463	1158	42	abandoned	abandon	VERB
ftr-463	1158	43	in	in	ADP
ftr-463	1158	44	the	the	DET
ftr-463	1158	45	context	context	NOUN
ftr-463	1158	46	of	of	ADP
ftr-463	1158	47	a	a	DET
ftr-463	1158	48	qualified	qualified	ADJ
ftr-463	1158	49	stock	stock	NOUN
ftr-463	1158	50	purchase	purchase	NOUN
ftr-463	1158	51	followed	follow	VERB
ftr-463	1158	52	by	by	ADP
ftr-463	1158	53	a	a	DET
ftr-463	1158	54	merger	merger	NOUN
ftr-463	1158	55	,	,	PUNCT
ftr-463	1158	56	rather	rather	ADV
ftr-463	1158	57	than	than	SCONJ
ftr-463	1158	58	that	that	SCONJ
ftr-463	1158	59	it	it	PRON
ftr-463	1158	60	be	be	AUX
ftr-463	1158	61	retained	retain	VERB
ftr-463	1158	62	only	only	ADV
ftr-463	1158	63	with	with	ADP
ftr-463	1158	64	respect	respect	NOUN
ftr-463	1158	65	to	to	ADP
ftr-463	1158	66	minority	minority	NOUN
ftr-463	1158	67	shareholders	shareholder	NOUN
ftr-463	1158	68	.	.	PUNCT
ftr-463	1159	1	this	this	DET
ftr-463	1159	2	result	result	NOUN
ftr-463	1159	3	is	be	AUX
ftr-463	1159	4	also	also	ADV
ftr-463	1159	5	more	more	ADV
ftr-463	1159	6	consistent	consistent	ADJ
ftr-463	1159	7	with	with	ADP
ftr-463	1159	8	the	the	DET
ftr-463	1159	9	statutory	statutory	ADJ
ftr-463	1159	10	framework	framework	NOUN
ftr-463	1159	11	.	.	PUNCT
ftr-463	1160	1	section	section	NOUN
ftr-463	1160	2	368(a)(1	368(a)(1	NUM
ftr-463	1160	3	)	)	PUNCT
ftr-463	1160	4	defines	define	VERB
ftr-463	1160	5	a	a	DET
ftr-463	1160	6	reorganization	reorganization	NOUN
ftr-463	1160	7	for	for	ADP
ftr-463	1160	8	all	all	DET
ftr-463	1160	9	parties	party	NOUN
ftr-463	1160	10	to	to	ADP
ftr-463	1160	11	a	a	DET
ftr-463	1160	12	transaction	transaction	NOUN
ftr-463	1160	13	,	,	PUNCT
ftr-463	1160	14	and	and	CCONJ
ftr-463	1160	15	if	if	SCONJ
ftr-463	1160	16	a	a	DET
ftr-463	1160	17	reorganization	reorganization	NOUN
ftr-463	1160	18	is	be	AUX
ftr-463	1160	19	found	find	VERB
ftr-463	1160	20	,	,	PUNCT
ftr-463	1160	21	the	the	DET
ftr-463	1160	22	balance	balance	NOUN
ftr-463	1160	23	of	of	ADP
ftr-463	1160	24	part	part	NOUN
ftr-463	1160	25	iih	iih	PROPN
ftr-463	1160	26	of	of	ADP
ftr-463	1160	27	subchapter	subchapter	NOUN
ftr-463	1160	28	c	c	NOUN
ftr-463	1160	29	determines	determine	VERB
ftr-463	1160	30	the	the	DET
ftr-463	1160	31	consequences	consequence	NOUN
ftr-463	1160	32	of	of	ADP
ftr-463	1160	33	the	the	DET
ftr-463	1160	34	transaction	transaction	NOUN
ftr-463	1160	35	for	for	ADP
ftr-463	1160	36	each	each	DET
ftr-463	1160	37	party	party	NOUN
ftr-463	1160	38	.	.	PUNCT
ftr-463	1161	1	the	the	DET
ftr-463	1161	2	regulations	regulation	NOUN
ftr-463	1161	3	reject	reject	VERB
ftr-463	1161	4	that	that	SCONJ
ftr-463	1161	5	framework	framework	NOUN
ftr-463	1161	6	and	and	CCONJ
ftr-463	1161	7	impose	impose	VERB
ftr-463	1161	8	another	another	PRON
ftr-463	1161	9	,	,	PUNCT
ftr-463	1161	10	in	in	ADP
ftr-463	1161	11	which	which	PRON
ftr-463	1161	12	"	"	PUNCT
ftr-463	1161	13	reorganization	reorganization	NOUN
ftr-463	1161	14	"	"	PUNCT
ftr-463	1161	15	is	be	AUX
ftr-463	1161	16	defined	define	VERB
ftr-463	1161	17	party	party	NOUN
ftr-463	1161	18	by	by	ADP
ftr-463	1161	19	party	party	NOUN
ftr-463	1161	20	.	.	PUNCT
ftr-463	1162	1	perhaps	perhaps	ADV
ftr-463	1162	2	the	the	DET
ftr-463	1162	3	service	service	NOUN
ftr-463	1162	4	has	have	VERB
ftr-463	1162	5	the	the	DET
ftr-463	1162	6	regulatory	regulatory	ADJ
ftr-463	1162	7	authority	authority	NOUN
ftr-463	1162	8	to	to	PART
ftr-463	1162	9	promulgate	promulgate	VERB
ftr-463	1162	10	such	such	DET
ftr-463	1162	11	a	a	DET
ftr-463	1162	12	rule	rule	NOUN
ftr-463	1162	13	,	,	PUNCT
ftr-463	1162	14	but	but	CCONJ
ftr-463	1162	15	even	even	ADV
ftr-463	1162	16	if	if	SCONJ
ftr-463	1162	17	congress	congress	PROPN
ftr-463	1162	18	intended	intend	VERB
ftr-463	1162	19	section	section	NOUN
ftr-463	1162	20	338	338	NUM
ftr-463	1162	21	to	to	PART
ftr-463	1162	22	reverse	reverse	VERB
ftr-463	1162	23	yoc	yoc	NOUN
ftr-463	1162	24	healing	healing	NOUN
ftr-463	1162	25	,	,	PUNCT
ftr-463	1162	26	it	it	PRON
ftr-463	1162	27	likely	likely	ADV
ftr-463	1162	28	did	do	AUX
ftr-463	1162	29	not	not	PART
ftr-463	1162	30	intend	intend	VERB
ftr-463	1162	31	to	to	PART
ftr-463	1162	32	adopt	adopt	VERB
ftr-463	1162	33	the	the	DET
ftr-463	1162	34	regulations	regulation	NOUN
ftr-463	1162	35	'	'	PART
ftr-463	1162	36	mechanism	mechanism	NOUN
ftr-463	1162	37	,	,	PUNCT
ftr-463	1162	38	rather	rather	ADV
ftr-463	1162	39	than	than	ADP
ftr-463	1162	40	simply	simply	ADV
ftr-463	1162	41	deeming	deem	VERB
ftr-463	1162	42	the	the	DET
ftr-463	1162	43	nonstatutory	nonstatutory	ADJ
ftr-463	1162	44	continuity	continuity	NOUN
ftr-463	1162	45	requirement	requirement	NOUN
ftr-463	1162	46	to	to	PART
ftr-463	1162	47	be	be	AUX
ftr-463	1162	48	satisfied	satisfied	ADJ
ftr-463	1162	49	for	for	ADP
ftr-463	1162	50	all	all	DET
ftr-463	1162	51	parties	party	NOUN
ftr-463	1162	52	.	.	PUNCT
ftr-463	1163	1	finally	finally	ADV
ftr-463	1163	2	,	,	PUNCT
ftr-463	1163	3	the	the	DET
ftr-463	1163	4	bar	bar	NOUN
ftr-463	1163	5	report	report	NOUN
ftr-463	1163	6	argues	argue	VERB
ftr-463	1163	7	that	that	SCONJ
ftr-463	1163	8	minority	minority	NOUN
ftr-463	1163	9	shareholders	shareholder	NOUN
ftr-463	1163	10	should	should	AUX
ftr-463	1163	11	be	be	AUX
ftr-463	1163	12	taxed	tax	VERB
ftr-463	1163	13	because	because	SCONJ
ftr-463	1163	14	the	the	DET
ftr-463	1163	15	nature	nature	NOUN
ftr-463	1163	16	of	of	ADP
ftr-463	1163	17	their	their	PRON
ftr-463	1163	18	investment	investment	NOUN
ftr-463	1163	19	has	have	AUX
ftr-463	1163	20	changed	change	VERB
ftr-463	1163	21	.	.	PUNCT
ftr-463	1164	1	this	this	DET
ftr-463	1164	2	argument	argument	NOUN
ftr-463	1164	3	simply	simply	ADV
ftr-463	1164	4	begs	beg	VERB
ftr-463	1164	5	the	the	DET
ftr-463	1164	6	ultimate	ultimate	ADJ
ftr-463	1164	7	question	question	NOUN
ftr-463	1164	8	of	of	ADP
ftr-463	1164	9	whether	whether	SCONJ
ftr-463	1164	10	the	the	DET
ftr-463	1164	11	continuity	continuity	NOUN
ftr-463	1164	12	of	of	ADP
ftr-463	1164	13	interest	interest	NOUN
ftr-463	1164	14	doctrine	doctrine	NOUN
ftr-463	1164	15	is	be	AUX
ftr-463	1164	16	an	an	DET
ftr-463	1164	17	appropriate	appropriate	ADJ
ftr-463	1164	18	basis	basis	NOUN
ftr-463	1164	19	to	to	PART
ftr-463	1164	20	deny	deny	VERB
ftr-463	1164	21	minority	minority	NOUN
ftr-463	1164	22	shareholders	shareholder	NOUN
ftr-463	1164	23	tax	tax	NOUN
ftr-463	1164	24	-	-	PUNCT
ftr-463	1164	25	free	free	ADJ
ftr-463	1164	26	19	19	NUM
ftr-463	1164	27	,	,	PUNCT
ftr-463	1164	28	1991	1991	NUM
ftr-463	1164	29	)	)	PUNCT
ftr-463	1164	30	(	(	PUNCT
ftr-463	1164	31	recapitalization	recapitalization	NOUN
ftr-463	1164	32	as	as	ADP
ftr-463	1164	33	part	part	NOUN
ftr-463	1164	34	of	of	ADP
ftr-463	1164	35	an	an	DET
ftr-463	1164	36	integrated	integrated	ADJ
ftr-463	1164	37	merger	merger	NOUN
ftr-463	1164	38	respected	respect	VERB
ftr-463	1164	39	as	as	ADP
ftr-463	1164	40	separate	separate	ADJ
ftr-463	1164	41	transaction	transaction	NOUN
ftr-463	1164	42	)	)	PUNCT
ftr-463	1164	43	,	,	PUNCT
ftr-463	1164	44	discussed	discuss	VERB
ftr-463	1164	45	infra	infra	NOUN
ftr-463	1164	46	text	text	NOUN
ftr-463	1164	47	accompanying	accompany	VERB
ftr-463	1164	48	note	note	NOUN
ftr-463	1164	49	185	185	NUM
ftr-463	1164	50	.	.	PUNCT
ftr-463	1165	1	of	of	ADP
ftr-463	1165	2	course	course	NOUN
ftr-463	1165	3	,	,	PUNCT
ftr-463	1165	4	exchangeable	exchangeable	ADJ
ftr-463	1165	5	stock	stock	NOUN
ftr-463	1165	6	presents	present	NOUN
ftr-463	1165	7	issues	issue	NOUN
ftr-463	1165	8	that	that	PRON
ftr-463	1165	9	are	be	AUX
ftr-463	1165	10	beyond	beyond	ADP
ftr-463	1165	11	the	the	DET
ftr-463	1165	12	scope	scope	NOUN
ftr-463	1165	13	of	of	ADP
ftr-463	1165	14	this	this	DET
ftr-463	1165	15	article	article	NOUN
ftr-463	1165	16	.	.	PUNCT
ftr-463	1166	1	see	see	VERB
ftr-463	1166	2	generally	generally	ADV
ftr-463	1166	3	kenneth	kenneth	PROPN
ftr-463	1166	4	h.	h.	PROPN
ftr-463	1166	5	heitner	heitner	PROPN
ftr-463	1166	6	&	&	CCONJ
ftr-463	1166	7	jonathan	jonathan	PROPN
ftr-463	1166	8	m.	m.	PROPN
ftr-463	1166	9	kushner	kushner	PROPN
ftr-463	1166	10	,	,	PUNCT
ftr-463	1166	11	to	to	PART
ftr-463	1166	12	bifurcate	bifurcate	VERB
ftr-463	1166	13	or	or	CCONJ
ftr-463	1166	14	not	not	PART
ftr-463	1166	15	to	to	PART
ftr-463	1166	16	bifurcate	bifurcate	VERB
ftr-463	1166	17	:	:	PUNCT
ftr-463	1166	18	the	the	DET
ftr-463	1166	19	answer	answer	NOUN
ftr-463	1166	20	becomes	become	VERB
ftr-463	1166	21	less	less	ADV
ftr-463	1166	22	clear	clear	ADJ
ftr-463	1166	23	.	.	PUNCT
ftr-463	1167	1	46	46	NUM
ftr-463	1167	2	tax	tax	NOUN
ftr-463	1167	3	law	law	NOUN
ftr-463	1167	4	.	.	PUNCT
ftr-463	1168	1	43	43	NUM
ftr-463	1168	2	(	(	PUNCT
ftr-463	1168	3	1992	1992	NUM
ftr-463	1168	4	)	)	PUNCT
ftr-463	1168	5	.	.	PUNCT
ftr-463	1169	1	in	in	ADP
ftr-463	1169	2	addition	addition	NOUN
ftr-463	1169	3	to	to	ADP
ftr-463	1169	4	its	its	PRON
ftr-463	1169	5	yoc	yoc	NOUN
ftr-463	1169	6	heating	heating	NOUN
ftr-463	1169	7	recommendations	recommendation	NOUN
ftr-463	1169	8	,	,	PUNCT
ftr-463	1169	9	the	the	DET
ftr-463	1169	10	bar	bar	NOUN
ftr-463	1169	11	report	report	NOUN
ftr-463	1169	12	proposed	propose	VERB
ftr-463	1169	13	that	that	SCONJ
ftr-463	1169	14	the	the	DET
ftr-463	1169	15	continuity	continuity	NOUN
ftr-463	1169	16	of	of	ADP
ftr-463	1169	17	interest	interest	NOUN
ftr-463	1169	18	requirement	requirement	NOUN
ftr-463	1169	19	be	be	AUX
ftr-463	1169	20	jettisoned	jettison	VERB
ftr-463	1169	21	(	(	PUNCT
ftr-463	1169	22	even	even	ADV
ftr-463	1169	23	for	for	ADP
ftr-463	1169	24	minority	minority	NOUN
ftr-463	1169	25	shareholders	shareholder	NOUN
ftr-463	1169	26	)	)	PUNCT
ftr-463	1169	27	for	for	ADP
ftr-463	1169	28	the	the	DET
ftr-463	1169	29	merger	merger	NOUN
ftr-463	1169	30	of	of	ADP
ftr-463	1169	31	a	a	DET
ftr-463	1169	32	target	target	NOUN
ftr-463	1169	33	into	into	ADP
ftr-463	1169	34	a	a	DET
ftr-463	1169	35	newly	newly	ADV
ftr-463	1169	36	-	-	PUNCT
ftr-463	1169	37	formed	form	VERB
ftr-463	1169	38	subsidiary	subsidiary	NOUN
ftr-463	1169	39	in	in	ADP
ftr-463	1169	40	a	a	DET
ftr-463	1169	41	transaction	transaction	NOUN
ftr-463	1169	42	that	that	PRON
ftr-463	1169	43	would	would	AUX
ftr-463	1169	44	otherwise	otherwise	ADV
ftr-463	1169	45	qualify	qualify	VERB
ftr-463	1169	46	as	as	ADP
ftr-463	1169	47	an	an	DET
ftr-463	1169	48	f	f	PROPN
ftr-463	1169	49	reorganization	reorganization	NOUN
ftr-463	1169	50	.	.	PUNCT
ftr-463	1170	1	see	see	VERB
ftr-463	1170	2	supra	supra	PROPN
ftr-463	1170	3	note	note	PROPN
ftr-463	1170	4	97	97	NUM
ftr-463	1170	5	.	.	PUNCT
ftr-463	1171	1	this	this	DET
ftr-463	1171	2	proposal	proposal	NOUN
ftr-463	1171	3	has	have	AUX
ftr-463	1171	4	not	not	PART
ftr-463	1171	5	of	of	AUX
ftr-463	1171	6	yet	yet	ADV
ftr-463	1171	7	been	be	AUX
ftr-463	1171	8	accepted	accept	VERB
ftr-463	1171	9	or	or	CCONJ
ftr-463	1171	10	rejected	reject	VERB
ftr-463	1171	11	by	by	ADP
ftr-463	1171	12	the	the	DET
ftr-463	1171	13	service	service	NOUN
ftr-463	1171	14	.	.	PUNCT
ftr-463	1172	1	it	it	PRON
ftr-463	1172	2	is	be	AUX
ftr-463	1172	3	not	not	PART
ftr-463	1172	4	clear	clear	ADJ
ftr-463	1172	5	as	as	ADP
ftr-463	1172	6	a	a	DET
ftr-463	1172	7	policy	policy	NOUN
ftr-463	1172	8	matter	matter	NOUN
ftr-463	1172	9	why	why	SCONJ
ftr-463	1172	10	a	a	DET
ftr-463	1172	11	merger	merger	NOUN
ftr-463	1172	12	into	into	ADP
ftr-463	1172	13	an	an	DET
ftr-463	1172	14	existing	exist	VERB
ftr-463	1172	15	subsidiary	subsidiary	NOUN
ftr-463	1172	16	should	should	AUX
ftr-463	1172	17	be	be	AUX
ftr-463	1172	18	taxable	taxable	ADJ
ftr-463	1172	19	to	to	ADP
ftr-463	1172	20	minority	minority	NOUN
ftr-463	1172	21	shareholders	shareholder	NOUN
ftr-463	1172	22	for	for	ADP
ftr-463	1172	23	failure	failure	NOUN
ftr-463	1172	24	of	of	ADP
ftr-463	1172	25	continuity	continuity	NOUN
ftr-463	1172	26	,	,	PUNCT
ftr-463	1172	27	but	but	CCONJ
ftr-463	1172	28	the	the	DET
ftr-463	1172	29	identical	identical	ADJ
ftr-463	1172	30	merger	merger	NOUN
ftr-463	1172	31	into	into	ADP
ftr-463	1172	32	a	a	DET
ftr-463	1172	33	newly	newly	ADV
ftr-463	1172	34	-	-	PUNCT
ftr-463	1172	35	organized	organize	VERB
ftr-463	1172	36	subsidiary	subsidiary	NOUN
ftr-463	1172	37	should	should	AUX
ftr-463	1172	38	be	be	AUX
ftr-463	1172	39	tax	tax	NOUN
ftr-463	1172	40	-	-	PUNCT
ftr-463	1172	41	free	free	ADJ
ftr-463	1172	42	.	.	PUNCT
ftr-463	1173	1	173	173	NUM
ftr-463	1173	2	.	.	PUNCT
ftr-463	1174	1	the	the	DET
ftr-463	1174	2	preamble	preamble	NOUN
ftr-463	1174	3	also	also	ADV
ftr-463	1174	4	suggests	suggest	VERB
ftr-463	1174	5	that	that	SCONJ
ftr-463	1174	6	the	the	DET
ftr-463	1174	7	service	service	NOUN
ftr-463	1174	8	saw	see	VERB
ftr-463	1174	9	sonic	sonic	ADJ
ftr-463	1174	10	merit	merit	NOUN
ftr-463	1174	11	to	to	ADP
ftr-463	1174	12	this	this	DET
ftr-463	1174	13	argument	argument	NOUN
ftr-463	1174	14	.	.	PUNCT
ftr-463	1175	1	see	see	VERB
ftr-463	1175	2	60	60	NUM
ftr-463	1175	3	fed	feed	VERB
ftr-463	1175	4	.	.	PUNCT
ftr-463	1176	1	reg	reg	PROPN
ftr-463	1176	2	.	.	PUNCT
ftr-463	1177	1	54942	54942	NUM
ftr-463	1177	2	,	,	PUNCT
ftr-463	1177	3	54943	54943	NUM
ftr-463	1177	4	(	(	PUNCT
ftr-463	1177	5	oct	oct	PROPN
ftr-463	1177	6	.	.	PROPN
ftr-463	1177	7	27	27	NUM
ftr-463	1177	8	,	,	PUNCT
ftr-463	1177	9	1995	1995	NUM
ftr-463	1177	10	)	)	PUNCT
ftr-463	1177	11	(	(	PUNCT
ftr-463	1177	12	"	"	PUNCT
ftr-463	1177	13	extension	extension	NOUN
ftr-463	1177	14	of	of	ADP
ftr-463	1177	15	reorganization	reorganization	NOUN
ftr-463	1177	16	treatment	treatment	NOUN
ftr-463	1177	17	to	to	ADP
ftr-463	1177	18	the	the	DET
ftr-463	1177	19	minority	minority	NOUN
ftr-463	1177	20	shareholders	shareholder	NOUN
ftr-463	1177	21	in	in	ADP
ftr-463	1177	22	this	this	DET
ftr-463	1177	23	case	case	NOUN
ftr-463	1177	24	would	would	AUX
ftr-463	1177	25	inappropriately	inappropriately	ADV
ftr-463	1177	26	alter	alter	VERB
ftr-463	1177	27	general	general	ADJ
ftr-463	1177	28	reorganization	reorganization	NOUN
ftr-463	1177	29	principles	principle	NOUN
ftr-463	1177	30	.	.	PUNCT
ftr-463	1178	1	and	and	CCONJ
ftr-463	1178	2	would	would	AUX
ftr-463	1178	3	not	not	PART
ftr-463	1178	4	be	be	AUX
ftr-463	1178	5	grounded	ground	VERB
ftr-463	1178	6	in	in	ADP
ftr-463	1178	7	the	the	DET
ftr-463	1178	8	policies	policy	NOUN
ftr-463	1178	9	of	of	ADP
ftr-463	1178	10	section	section	NOUN
ftr-463	1178	11	338	338	NUM
ftr-463	1178	12	"	"	PUNCT
ftr-463	1178	13	)	)	PUNCT
ftr-463	1178	14	.	.	PUNCT
ftr-463	1179	1	florida	florida	PROPN
ftr-463	1179	2	tax	tax	PROPN
ftr-463	1179	3	review	review	NOUN
ftr-463	1179	4	treatment	treatment	NOUN
ftr-463	1179	5	since	since	SCONJ
ftr-463	1179	6	all	all	DET
ftr-463	1179	7	reorganizations	reorganization	NOUN
ftr-463	1179	8	change	change	VERB
ftr-463	1179	9	the	the	DET
ftr-463	1179	10	nature	nature	NOUN
ftr-463	1179	11	of	of	ADP
ftr-463	1179	12	all	all	DET
ftr-463	1179	13	target	target	NOUN
ftr-463	1179	14	shareholders	shareholder	NOUN
ftr-463	1179	15	'	'	PART
ftr-463	1179	16	investments	investment	NOUN
ftr-463	1179	17	.	.	PUNCT
ftr-463	1180	1	the	the	DET
ftr-463	1180	2	continuity	continuity	NOUN
ftr-463	1180	3	of	of	ADP
ftr-463	1180	4	interest	interest	NOUN
ftr-463	1180	5	doctrine	doctrine	NOUN
ftr-463	1180	6	was	be	AUX
ftr-463	1180	7	originally	originally	ADV
ftr-463	1180	8	developed	develop	VERB
ftr-463	1180	9	to	to	PART
ftr-463	1180	10	distinguish	distinguish	VERB
ftr-463	1180	11	merger	merger	NOUN
ftr-463	1180	12	-	-	PUNCT
ftr-463	1180	13	like	like	ADJ
ftr-463	1180	14	reorganizations	reorganization	NOUN
ftr-463	1180	15	from	from	ADP
ftr-463	1180	16	asset	asset	NOUN
ftr-463	1180	17	sales	sale	NOUN
ftr-463	1180	18	on	on	ADP
ftr-463	1180	19	the	the	DET
ftr-463	1180	20	basis	basis	NOUN
ftr-463	1180	21	of	of	ADP
ftr-463	1180	22	the	the	DET
ftr-463	1180	23	consideration	consideration	NOUN
ftr-463	1180	24	received	receive	VERB
ftr-463	1180	25	by	by	ADP
ftr-463	1180	26	the	the	DET
ftr-463	1180	27	target	target	NOUN
ftr-463	1180	28	.	.	PUNCT
ftr-463	1181	1	as	as	SCONJ
ftr-463	1181	2	described	describe	VERB
ftr-463	1181	3	above	above	ADV
ftr-463	1181	4	in	in	ADP
ftr-463	1181	5	part	part	NOUN
ftr-463	1181	6	iii.d	iii.d	PROPN
ftr-463	1181	7	,	,	PUNCT
ftr-463	1181	8	applying	apply	VERB
ftr-463	1181	9	the	the	DET
ftr-463	1181	10	continuity	continuity	NOUN
ftr-463	1181	11	doctrine	doctrine	NOUN
ftr-463	1181	12	to	to	ADP
ftr-463	1181	13	integrated	integrate	VERB
ftr-463	1181	14	transactions	transaction	NOUN
ftr-463	1181	15	is	be	AUX
ftr-463	1181	16	wholly	wholly	ADV
ftr-463	1181	17	inconsistent	inconsistent	ADJ
ftr-463	1181	18	with	with	ADP
ftr-463	1181	19	its	its	PRON
ftr-463	1181	20	original	original	ADJ
ftr-463	1181	21	purpose	purpose	NOUN
ftr-463	1181	22	because	because	SCONJ
ftr-463	1181	23	its	its	PRON
ftr-463	1181	24	invocation	invocation	NOUN
ftr-463	1181	25	has	have	VERB
ftr-463	1181	26	no	no	DET
ftr-463	1181	27	effect	effect	NOUN
ftr-463	1181	28	on	on	ADP
ftr-463	1181	29	the	the	DET
ftr-463	1181	30	target	target	NOUN
ftr-463	1181	31	.	.	PUNCT
ftr-463	1182	1	nevertheless	nevertheless	ADV
ftr-463	1182	2	,	,	PUNCT
ftr-463	1182	3	the	the	DET
ftr-463	1182	4	doctrine	doctrine	NOUN
ftr-463	1182	5	did	do	AUX
ftr-463	1182	6	serve	serve	VERB
ftr-463	1182	7	as	as	ADP
ftr-463	1182	8	a	a	DET
ftr-463	1182	9	convenient	convenient	ADJ
ftr-463	1182	10	basis	basis	NOUN
ftr-463	1182	11	to	to	PART
ftr-463	1182	12	permit	permit	VERB
ftr-463	1182	13	a	a	DET
ftr-463	1182	14	purchaser	purchaser	NOUN
ftr-463	1182	15	of	of	ADP
ftr-463	1182	16	target	target	NOUN
ftr-463	1182	17	stock	stock	NOUN
ftr-463	1182	18	to	to	PART
ftr-463	1182	19	obtain	obtain	VERB
ftr-463	1182	20	a	a	DET
ftr-463	1182	21	stepped	step	VERB
ftr-463	1182	22	-	-	PUNCT
ftr-463	1182	23	up	up	ADP
ftr-463	1182	24	basis	basis	NOUN
ftr-463	1182	25	for	for	ADP
ftr-463	1182	26	the	the	DET
ftr-463	1182	27	assets	asset	NOUN
ftr-463	1182	28	after	after	SCONJ
ftr-463	1182	29	the	the	DET
ftr-463	1182	30	target	target	NOUN
ftr-463	1182	31	is	be	AUX
ftr-463	1182	32	merged	merge	VERB
ftr-463	1182	33	into	into	ADP
ftr-463	1182	34	the	the	DET
ftr-463	1182	35	acquiror	acquiror	NOUN
ftr-463	1182	36	's	's	PART
ftr-463	1182	37	subsidiary	subsidiary	NOUN
ftr-463	1182	38	.	.	PUNCT
ftr-463	1183	1	and	and	CCONJ
ftr-463	1183	2	,	,	PUNCT
ftr-463	1183	3	application	application	NOUN
ftr-463	1183	4	of	of	ADP
ftr-463	1183	5	the	the	DET
ftr-463	1183	6	continuity	continuity	NOUN
ftr-463	1183	7	doctrine	doctrine	NOUN
ftr-463	1183	8	to	to	ADP
ftr-463	1183	9	integrated	integrate	VERB
ftr-463	1183	10	stock	stock	NOUN
ftr-463	1183	11	purchase	purchase	NOUN
ftr-463	1183	12	and	and	CCONJ
ftr-463	1183	13	merger	merger	NOUN
ftr-463	1183	14	transactions	transaction	NOUN
ftr-463	1183	15	did	do	AUX
ftr-463	1183	16	allow	allow	VERB
ftr-463	1183	17	for	for	ADP
ftr-463	1183	18	consistent	consistent	ADJ
ftr-463	1183	19	treatment	treatment	NOUN
ftr-463	1183	20	of	of	ADP
ftr-463	1183	21	the	the	DET
ftr-463	1183	22	acquiror	acquiror	NOUN
ftr-463	1183	23	's	's	PART
ftr-463	1183	24	subsidiary	subsidiary	NOUN
ftr-463	1183	25	(	(	PUNCT
ftr-463	1183	26	which	which	PRON
ftr-463	1183	27	,	,	PUNCT
ftr-463	1183	28	under	under	ADP
ftr-463	1183	29	madison	madison	PROPN
ftr-463	1183	30	square	square	ADJ
ftr-463	1183	31	garden,74	garden,74	NOUN
ftr-463	1183	32	received	receive	VERB
ftr-463	1183	33	target	target	NOUN
ftr-463	1183	34	's	's	PART
ftr-463	1183	35	assets	asset	NOUN
ftr-463	1183	36	with	with	ADP
ftr-463	1183	37	a	a	DET
ftr-463	1183	38	full	full	ADJ
ftr-463	1183	39	step	step	NOUN
ftr-463	1183	40	-	-	PUNCT
ftr-463	1183	41	up	up	NOUN
ftr-463	1183	42	to	to	ADP
ftr-463	1183	43	fair	fair	ADJ
ftr-463	1183	44	market	market	NOUN
ftr-463	1183	45	value	value	NOUN
ftr-463	1183	46	)	)	PUNCT
ftr-463	1183	47	and	and	CCONJ
ftr-463	1183	48	target	target	NOUN
ftr-463	1183	49	's	's	PART
ftr-463	1183	50	minority	minority	NOUN
ftr-463	1183	51	shareholders	shareholder	NOUN
ftr-463	1183	52	(	(	PUNCT
ftr-463	1183	53	who	who	PRON
ftr-463	1183	54	,	,	PUNCT
ftr-463	1183	55	under	under	ADP
ftr-463	1183	56	kass	kass	PROPN
ftr-463	1183	57	,	,	PUNCT
ftr-463	1183	58	recognized	recognize	VERB
ftr-463	1183	59	gain	gain	NOUN
ftr-463	1183	60	or	or	CCONJ
ftr-463	1183	61	loss	loss	NOUN
ftr-463	1183	62	on	on	ADP
ftr-463	1183	63	the	the	DET
ftr-463	1183	64	transaction	transaction	NOUN
ftr-463	1183	65	)	)	PUNCT
ftr-463	1183	66	.	.	PUNCT
ftr-463	1184	1	with	with	ADP
ftr-463	1184	2	the	the	DET
ftr-463	1184	3	enactment	enactment	NOUN
ftr-463	1184	4	of	of	ADP
ftr-463	1184	5	section	section	NOUN
ftr-463	1184	6	338	338	NUM
ftr-463	1184	7	,	,	PUNCT
ftr-463	1184	8	failing	fail	VERB
ftr-463	1184	9	continuity	continuity	NOUN
ftr-463	1184	10	is	be	AUX
ftr-463	1184	11	no	no	ADV
ftr-463	1184	12	longer	long	ADV
ftr-463	1184	13	necessary	necessary	ADJ
ftr-463	1184	14	to	to	PART
ftr-463	1184	15	permit	permit	VERB
ftr-463	1184	16	the	the	DET
ftr-463	1184	17	subsidiary	subsidiary	NOUN
ftr-463	1184	18	to	to	PART
ftr-463	1184	19	achieve	achieve	VERB
ftr-463	1184	20	a	a	DET
ftr-463	1184	21	cost	cost	NOUN
ftr-463	1184	22	basis	basis	NOUN
ftr-463	1184	23	;	;	PUNCT
ftr-463	1184	24	instead	instead	ADV
ftr-463	1184	25	,	,	PUNCT
ftr-463	1184	26	that	that	DET
ftr-463	1184	27	treatment	treatment	NOUN
ftr-463	1184	28	is	be	AUX
ftr-463	1184	29	elected	elect	VERB
ftr-463	1184	30	under	under	ADP
ftr-463	1184	31	section	section	NOUN
ftr-463	1184	32	338.175	338.175	NUM
ftr-463	1184	33	thus	thus	ADV
ftr-463	1184	34	,	,	PUNCT
ftr-463	1184	35	section	section	NOUN
ftr-463	1184	36	338	338	NUM
ftr-463	1184	37	and	and	CCONJ
ftr-463	1184	38	its	its	PRON
ftr-463	1184	39	legislative	legislative	ADJ
ftr-463	1184	40	history	history	NOUN
ftr-463	1184	41	can	can	AUX
ftr-463	1184	42	be	be	AUX
ftr-463	1184	43	seen	see	VERB
ftr-463	1184	44	as	as	ADP
ftr-463	1184	45	a	a	DET
ftr-463	1184	46	legislative	legislative	ADJ
ftr-463	1184	47	rejection	rejection	NOUN
ftr-463	1184	48	of	of	ADP
ftr-463	1184	49	the	the	DET
ftr-463	1184	50	application	application	NOUN
ftr-463	1184	51	of	of	ADP
ftr-463	1184	52	continuity	continuity	NOUN
ftr-463	1184	53	to	to	ADP
ftr-463	1184	54	integrated	integrate	VERB
ftr-463	1184	55	qualified	qualified	ADJ
ftr-463	1184	56	stock	stock	NOUN
ftr-463	1184	57	purchase	purchase	NOUN
ftr-463	1184	58	and	and	CCONJ
ftr-463	1184	59	merger	merger	NOUN
ftr-463	1184	60	transactions	transaction	NOUN
ftr-463	1184	61	.	.	PUNCT
ftr-463	1185	1	ironically	ironically	ADV
ftr-463	1185	2	,	,	PUNCT
ftr-463	1185	3	the	the	DET
ftr-463	1185	4	bar	bar	NOUN
ftr-463	1185	5	report	report	NOUN
ftr-463	1185	6	's	's	PART
ftr-463	1185	7	suggestion	suggestion	NOUN
ftr-463	1185	8	to	to	ADP
ftr-463	1185	9	the	the	DET
ftr-463	1185	10	service	service	NOUN
ftr-463	1185	11	that	that	PRON
ftr-463	1185	12	it	it	PRON
ftr-463	1185	13	tax	tax	VERB
ftr-463	1185	14	only	only	ADV
ftr-463	1185	15	the	the	DET
ftr-463	1185	16	minority	minority	NOUN
ftr-463	1185	17	shareholders	shareholder	NOUN
ftr-463	1185	18	in	in	ADP
ftr-463	1185	19	a	a	DET
ftr-463	1185	20	merger	merger	NOUN
ftr-463	1185	21	following	follow	VERB
ftr-463	1185	22	a	a	DET
ftr-463	1185	23	qualified	qualified	ADJ
ftr-463	1185	24	stock	stock	NOUN
ftr-463	1185	25	purchase	purchase	NOUN
ftr-463	1185	26	may	may	AUX
ftr-463	1185	27	imperil	imperil	VERB
ftr-463	1185	28	the	the	DET
ftr-463	1185	29	original	original	ADJ
ftr-463	1185	30	purpose	purpose	NOUN
ftr-463	1185	31	of	of	ADP
ftr-463	1185	32	the	the	DET
ftr-463	1185	33	report	report	NOUN
ftr-463	1185	34	-	-	PUNCT
ftr-463	1185	35	to	to	PART
ftr-463	1185	36	facilitate	facilitate	VERB
ftr-463	1185	37	these	these	DET
ftr-463	1185	38	transactions	transaction	NOUN
ftr-463	1185	39	.	.	PUNCT
ftr-463	1186	1	under	under	ADP
ftr-463	1186	2	the	the	DET
ftr-463	1186	3	laws	law	NOUN
ftr-463	1186	4	of	of	ADP
ftr-463	1186	5	many	many	ADJ
ftr-463	1186	6	states	state	NOUN
ftr-463	1186	7	,	,	PUNCT
ftr-463	1186	8	parents	parent	NOUN
ftr-463	1186	9	of	of	ADP
ftr-463	1186	10	subsidiaries	subsidiary	NOUN
ftr-463	1186	11	with	with	ADP
ftr-463	1186	12	minority	minority	NOUN
ftr-463	1186	13	shareholders	shareholder	NOUN
ftr-463	1186	14	have	have	VERB
ftr-463	1186	15	a	a	DET
ftr-463	1186	16	fiduciary	fiduciary	ADJ
ftr-463	1186	17	duty	duty	NOUN
ftr-463	1186	18	to	to	PART
ftr-463	1186	19	treat	treat	VERB
ftr-463	1186	20	the	the	DET
ftr-463	1186	21	minority	minority	NOUN
ftr-463	1186	22	shareholders	shareholder	NOUN
ftr-463	1186	23	fairly	fairly	ADV
ftr-463	1186	24	with	with	ADP
ftr-463	1186	25	respect	respect	NOUN
ftr-463	1186	26	to	to	ADP
ftr-463	1186	27	transactions	transaction	NOUN
ftr-463	1186	28	with	with	ADP
ftr-463	1186	29	the	the	DET
ftr-463	1186	30	parent	parent	NOUN
ftr-463	1186	31	(	(	PUNCT
ftr-463	1186	32	and	and	CCONJ
ftr-463	1186	33	,	,	PUNCT
ftr-463	1186	34	presumably	presumably	ADV
ftr-463	1186	35	,	,	PUNCT
ftr-463	1186	36	with	with	ADP
ftr-463	1186	37	the	the	DET
ftr-463	1186	38	parent	parent	NOUN
ftr-463	1186	39	's	's	PART
ftr-463	1186	40	other	other	ADJ
ftr-463	1186	41	subsidiaries).'76	subsidiaries).'76	NUM
ftr-463	1186	42	according	accord	VERB
ftr-463	1186	43	to	to	ADP
ftr-463	1186	44	one	one	NUM
ftr-463	1186	45	court	court	NOUN
ftr-463	1186	46	,	,	PUNCT
ftr-463	1186	47	this	this	DET
ftr-463	1186	48	duty	duty	NOUN
ftr-463	1186	49	is	be	AUX
ftr-463	1186	50	breached	breach	VERB
ftr-463	1186	51	when	when	SCONJ
ftr-463	1186	52	the	the	DET
ftr-463	1186	53	parent	parent	NOUN
ftr-463	1186	54	receives	receive	VERB
ftr-463	1186	55	something	something	PRON
ftr-463	1186	56	"	"	PUNCT
ftr-463	1186	57	to	to	ADP
ftr-463	1186	58	the	the	DET
ftr-463	1186	59	exclusion	exclusion	NOUN
ftr-463	1186	60	of	of	ADP
ftr-463	1186	61	,	,	PUNCT
ftr-463	1186	62	and	and	CCONJ
ftr-463	1186	63	detriment	detriment	NOUN
ftr-463	1186	64	to	to	ADP
ftr-463	1186	65	,	,	PUNCT
ftr-463	1186	66	the	the	DET
ftr-463	1186	67	minority	minority	NOUN
ftr-463	1186	68	stockholders	stockholder	NOUN
ftr-463	1186	69	of	of	ADP
ftr-463	1186	70	the	the	DET
ftr-463	1186	71	subsidiary	subsidiary	NOUN
ftr-463	1186	72	.	.	PUNCT
ftr-463	1187	1	"	"	PUNCT
ftr-463	1187	2	'	'	PUNCT
ftr-463	1187	3	177	177	NUM
ftr-463	1187	4	it	it	PRON
ftr-463	1187	5	is	be	AUX
ftr-463	1187	6	an	an	DET
ftr-463	1187	7	open	open	ADJ
ftr-463	1187	8	question	question	NOUN
ftr-463	1187	9	as	as	ADP
ftr-463	1187	10	to	to	ADP
ftr-463	1187	11	whether	whether	SCONJ
ftr-463	1187	12	,	,	PUNCT
ftr-463	1187	13	without	without	ADP
ftr-463	1187	14	some	some	DET
ftr-463	1187	15	additional	additional	ADJ
ftr-463	1187	16	compensation	compensation	NOUN
ftr-463	1187	17	,	,	PUNCT
ftr-463	1187	18	this	this	DET
ftr-463	1187	19	standard	standard	NOUN
ftr-463	1187	20	is	be	AUX
ftr-463	1187	21	satisfied	satisfied	ADJ
ftr-463	1187	22	by	by	ADP
ftr-463	1187	23	a	a	DET
ftr-463	1187	24	merger	merger	NOUN
ftr-463	1187	25	that	that	PRON
ftr-463	1187	26	allows	allow	VERB
ftr-463	1187	27	a	a	DET
ftr-463	1187	28	parent	parent	NOUN
ftr-463	1187	29	to	to	PART
ftr-463	1187	30	combine	combine	VERB
ftr-463	1187	31	the	the	DET
ftr-463	1187	32	business	business	NOUN
ftr-463	1187	33	of	of	ADP
ftr-463	1187	34	two	two	NUM
ftr-463	1187	35	subsidiaries	subsidiary	NOUN
ftr-463	1187	36	but	but	CCONJ
ftr-463	1187	37	subjects	subject	NOUN
ftr-463	1187	38	to	to	PART
ftr-463	1187	39	tax	tax	VERB
ftr-463	1187	40	only	only	ADV
ftr-463	1187	41	the	the	DET
ftr-463	1187	42	minority	minority	NOUN
ftr-463	1187	43	shareholders	shareholder	NOUN
ftr-463	1187	44	that	that	PRON
ftr-463	1187	45	receive	receive	VERB
ftr-463	1187	46	stock	stock	NOUN
ftr-463	1187	47	of	of	ADP
ftr-463	1187	48	the	the	DET
ftr-463	1187	49	surviving	survive	VERB
ftr-463	1187	50	corporation	corporation	NOUN
ftr-463	1187	51	.	.	PUNCT
ftr-463	1188	1	174	174	NUM
ftr-463	1188	2	.	.	PUNCT
ftr-463	1189	1	madison	madison	PROPN
ftr-463	1189	2	square	square	PROPN
ftr-463	1189	3	garden	garden	PROPN
ftr-463	1189	4	corp	corp	PROPN
ftr-463	1189	5	.	.	PROPN
ftr-463	1190	1	v.	v.	PROPN
ftr-463	1190	2	commissioner	commissioner	PROPN
ftr-463	1190	3	,	,	PUNCT
ftr-463	1190	4	500	500	NUM
ftr-463	1190	5	f.2d	f.2d	ADP
ftr-463	1190	6	611	611	NUM
ftr-463	1190	7	(	(	PUNCT
ftr-463	1190	8	2d	2d	NUM
ftr-463	1190	9	cir	cir	NOUN
ftr-463	1190	10	.	.	PROPN
ftr-463	1190	11	1974	1974	NUM
ftr-463	1190	12	)	)	PUNCT
ftr-463	1190	13	.	.	PUNCT
ftr-463	1191	1	175	175	NUM
ftr-463	1191	2	.	.	PUNCT
ftr-463	1192	1	one	one	PRON
ftr-463	1192	2	must	must	AUX
ftr-463	1192	3	consider	consider	VERB
ftr-463	1192	4	whether	whether	SCONJ
ftr-463	1192	5	continuity	continuity	NOUN
ftr-463	1192	6	is	be	AUX
ftr-463	1192	7	necessary	necessary	ADJ
ftr-463	1192	8	where	where	SCONJ
ftr-463	1192	9	a	a	DET
ftr-463	1192	10	§	§	PROPN
ftr-463	1192	11	338	338	NUM
ftr-463	1192	12	or	or	CCONJ
ftr-463	1192	13	§	§	PROPN
ftr-463	1192	14	338(h)(10	338(h)(10	NUM
ftr-463	1192	15	)	)	PUNCT
ftr-463	1192	16	election	election	NOUN
ftr-463	1192	17	is	be	AUX
ftr-463	1192	18	made	make	VERB
ftr-463	1192	19	.	.	PUNCT
ftr-463	1193	1	176	176	NUM
ftr-463	1193	2	.	.	PUNCT
ftr-463	1193	3	see	see	VERB
ftr-463	1193	4	generally	generally	ADV
ftr-463	1193	5	david	david	PROPN
ftr-463	1193	6	a.	a.	PROPN
ftr-463	1193	7	drexler	drexler	PROPN
ftr-463	1193	8	,	,	PUNCT
ftr-463	1193	9	et	et	PROPN
ftr-463	1193	10	al	al	PROPN
ftr-463	1193	11	.	.	PROPN
ftr-463	1193	12	,	,	PUNCT
ftr-463	1193	13	delaware	delaware	PROPN
ftr-463	1193	14	corporation	corporation	PROPN
ftr-463	1193	15	law	law	PROPN
ftr-463	1193	16	and	and	CCONJ
ftr-463	1193	17	practice	practice	VERB
ftr-463	1193	18	§	§	PROPN
ftr-463	1193	19	§	§	PROPN
ftr-463	1193	20	15.11	15.11	NUM
ftr-463	1193	21	,	,	PUNCT
ftr-463	1193	22	15.59	15.59	NUM
ftr-463	1193	23	(	(	PUNCT
ftr-463	1193	24	1996	1996	NUM
ftr-463	1193	25	)	)	PUNCT
ftr-463	1193	26	.	.	PUNCT
ftr-463	1194	1	177	177	NUM
ftr-463	1194	2	.	.	PUNCT
ftr-463	1194	3	sinclair	sinclair	PROPN
ftr-463	1194	4	oil	oil	PROPN
ftr-463	1194	5	corp	corp	PROPN
ftr-463	1194	6	.	.	PROPN
ftr-463	1195	1	v.	v.	PROPN
ftr-463	1195	2	levien	levien	PROPN
ftr-463	1195	3	,	,	PUNCT
ftr-463	1195	4	280	280	NUM
ftr-463	1195	5	a.2d	a.2d	SYM
ftr-463	1195	6	717	717	NUM
ftr-463	1195	7	,	,	PUNCT
ftr-463	1195	8	720	720	NUM
ftr-463	1195	9	(	(	PUNCT
ftr-463	1195	10	del	del	PROPN
ftr-463	1195	11	.	.	PROPN
ftr-463	1195	12	1971	1971	NUM
ftr-463	1195	13	)	)	PUNCT
ftr-463	1195	14	(	(	PUNCT
ftr-463	1195	15	"	"	PUNCT
ftr-463	1195	16	self	self	NOUN
ftr-463	1195	17	dealing	deal	VERB
ftr-463	1195	18	occurs	occur	VERB
ftr-463	1195	19	when	when	SCONJ
ftr-463	1195	20	the	the	DET
ftr-463	1195	21	parent	parent	NOUN
ftr-463	1195	22	,	,	PUNCT
ftr-463	1195	23	by	by	ADP
ftr-463	1195	24	virtue	virtue	NOUN
ftr-463	1195	25	of	of	ADP
ftr-463	1195	26	its	its	PRON
ftr-463	1195	27	domination	domination	NOUN
ftr-463	1195	28	of	of	ADP
ftr-463	1195	29	the	the	DET
ftr-463	1195	30	subsidiary	subsidiary	NOUN
ftr-463	1195	31	,	,	PUNCT
ftr-463	1195	32	causes	cause	VERB
ftr-463	1195	33	the	the	DET
ftr-463	1195	34	subsidiary	subsidiary	NOUN
ftr-463	1195	35	to	to	PART
ftr-463	1195	36	act	act	VERB
ftr-463	1195	37	in	in	ADP
ftr-463	1195	38	such	such	DET
ftr-463	1195	39	a	a	DET
ftr-463	1195	40	way	way	NOUN
ftr-463	1195	41	that	that	PRON
ftr-463	1195	42	the	the	DET
ftr-463	1195	43	parent	parent	NOUN
ftr-463	1195	44	receives	receive	VERB
ftr-463	1195	45	something	something	PRON
ftr-463	1195	46	from	from	ADP
ftr-463	1195	47	the	the	DET
ftr-463	1195	48	subsidiary	subsidiary	NOUN
ftr-463	1195	49	to	to	ADP
ftr-463	1195	50	the	the	DET
ftr-463	1195	51	exclusion	exclusion	NOUN
ftr-463	1195	52	of	of	ADP
ftr-463	1195	53	,	,	PUNCT
ftr-463	1195	54	and	and	CCONJ
ftr-463	1195	55	detriment	detriment	NOUN
ftr-463	1195	56	to	to	ADP
ftr-463	1195	57	,	,	PUNCT
ftr-463	1195	58	the	the	DET
ftr-463	1195	59	minority	minority	NOUN
ftr-463	1195	60	stockholders	stockholder	NOUN
ftr-463	1195	61	of	of	ADP
ftr-463	1195	62	the	the	DET
ftr-463	1195	63	subsidiary	subsidiary	NOUN
ftr-463	1195	64	"	"	PUNCT
ftr-463	1195	65	)	)	PUNCT
ftr-463	1195	66	.	.	PUNCT
ftr-463	1196	1	[	[	X
ftr-463	1196	2	vol	vol	NOUN
ftr-463	1196	3	.	.	PUNCT
ftr-463	1196	4	3:5	3:5	NUM
ftr-463	1196	5	1996	1996	NUM
ftr-463	1196	6	]	]	PUNCT
ftr-463	1196	7	devolution	devolution	NOUN
ftr-463	1196	8	&	&	CCONJ
ftr-463	1196	9	inevitable	inevitable	ADJ
ftr-463	1196	10	eiinction	eiinction	NOUN
ftr-463	1196	11	of	of	ADP
ftr-463	1196	12	the	the	DET
ftr-463	1196	13	continuity	continuity	NOUN
ftr-463	1196	14	of	of	ADP
ftr-463	1196	15	interest	interest	NOUN
ftr-463	1196	16	doctrine	doctrine	NOUN
ftr-463	1196	17	239	239	NUM
ftr-463	1196	18	c.	c.	NOUN
ftr-463	1196	19	continuity	continuity	NOUN
ftr-463	1196	20	without	without	ADP
ftr-463	1196	21	stock	stock	NOUN
ftr-463	1196	22	despite	despite	SCONJ
ftr-463	1196	23	the	the	DET
ftr-463	1196	24	service	service	NOUN
ftr-463	1196	25	's	's	PART
ftr-463	1196	26	success	success	NOUN
ftr-463	1196	27	in	in	ADP
ftr-463	1196	28	le	le	PROPN
ftr-463	1196	29	tulle	tulle	PROPN
ftr-463	1196	30	,	,	PUNCT
ftr-463	1196	31	where	where	SCONJ
ftr-463	1196	32	the	the	DET
ftr-463	1196	33	court	court	NOUN
ftr-463	1196	34	severed	sever	VERB
ftr-463	1196	35	the	the	DET
ftr-463	1196	36	stock	stock	NOUN
ftr-463	1196	37	or	or	CCONJ
ftr-463	1196	38	securities	security	NOUN
ftr-463	1196	39	requirement	requirement	NOUN
ftr-463	1196	40	from	from	ADP
ftr-463	1196	41	the	the	DET
ftr-463	1196	42	definition	definition	NOUN
ftr-463	1196	43	of	of	ADP
ftr-463	1196	44	reorganization	reorganization	NOUN
ftr-463	1196	45	,	,	PUNCT
ftr-463	1196	46	holding	hold	VERB
ftr-463	1196	47	that	that	SCONJ
ftr-463	1196	48	some	some	DET
ftr-463	1196	49	acquiror	acquiror	NOUN
ftr-463	1196	50	stock	stock	NOUN
ftr-463	1196	51	was	be	AUX
ftr-463	1196	52	required	require	VERB
ftr-463	1196	53	to	to	PART
ftr-463	1196	54	be	be	AUX
ftr-463	1196	55	received	receive	VERB
ftr-463	1196	56	by	by	ADP
ftr-463	1196	57	the	the	DET
ftr-463	1196	58	target	target	NOUN
ftr-463	1196	59	in	in	ADP
ftr-463	1196	60	order	order	NOUN
ftr-463	1196	61	for	for	ADP
ftr-463	1196	62	an	an	DET
ftr-463	1196	63	acquisition	acquisition	NOUN
ftr-463	1196	64	to	to	PART
ftr-463	1196	65	be	be	AUX
ftr-463	1196	66	a	a	DET
ftr-463	1196	67	reorganization	reorganization	NOUN
ftr-463	1196	68	,	,	PUNCT
ftr-463	1196	69	the	the	DET
ftr-463	1196	70	service	service	NOUN
ftr-463	1196	71	has	have	AUX
ftr-463	1196	72	not	not	PART
ftr-463	1196	73	hesitated	hesitate	VERB
ftr-463	1196	74	to	to	PART
ftr-463	1196	75	distance	distance	VERB
ftr-463	1196	76	itself	itself	PRON
ftr-463	1196	77	from	from	ADP
ftr-463	1196	78	that	that	DET
ftr-463	1196	79	requirement	requirement	NOUN
ftr-463	1196	80	where	where	SCONJ
ftr-463	1196	81	contrary	contrary	ADJ
ftr-463	1196	82	policies	policy	NOUN
ftr-463	1196	83	predominate	predominate	VERB
ftr-463	1196	84	.	.	PUNCT
ftr-463	1197	1	in	in	ADP
ftr-463	1197	2	paulsen	paulsen	PROPN
ftr-463	1197	3	v.	v.	PROPN
ftr-463	1197	4	conmzissioner,"'7	conmzissioner,"'7	PROPN
ftr-463	1197	5	the	the	DET
ftr-463	1197	6	supreme	supreme	PROPN
ftr-463	1197	7	court	court	PROPN
ftr-463	1197	8	,	,	PUNCT
ftr-463	1197	9	at	at	ADP
ftr-463	1197	10	the	the	DET
ftr-463	1197	11	service	service	NOUN
ftr-463	1197	12	's	's	PART
ftr-463	1197	13	urging	urging	NOUN
ftr-463	1197	14	,	,	PUNCT
ftr-463	1197	15	held	hold	VERB
ftr-463	1197	16	that	that	SCONJ
ftr-463	1197	17	the	the	DET
ftr-463	1197	18	statutory	statutory	ADJ
ftr-463	1197	19	merger	merger	NOUN
ftr-463	1197	20	of	of	ADP
ftr-463	1197	21	a	a	DET
ftr-463	1197	22	state	state	NOUN
ftr-463	1197	23	stock	stock	NOUN
ftr-463	1197	24	savings	saving	NOUN
ftr-463	1197	25	and	and	CCONJ
ftr-463	1197	26	loan	loan	NOUN
ftr-463	1197	27	into	into	ADP
ftr-463	1197	28	a	a	DET
ftr-463	1197	29	federal	federal	ADJ
ftr-463	1197	30	mutual	mutual	NOUN
ftr-463	1197	31	was	be	AUX
ftr-463	1197	32	not	not	PART
ftr-463	1197	33	a	a	DET
ftr-463	1197	34	reorganization	reorganization	NOUN
ftr-463	1197	35	for	for	ADP
ftr-463	1197	36	lack	lack	NOUN
ftr-463	1197	37	of	of	ADP
ftr-463	1197	38	continuity	continuity	NOUN
ftr-463	1197	39	.	.	PUNCT
ftr-463	1198	1	in	in	ADP
ftr-463	1198	2	the	the	DET
ftr-463	1198	3	merger	merger	NOUN
ftr-463	1198	4	,	,	PUNCT
ftr-463	1198	5	the	the	DET
ftr-463	1198	6	target	target	NOUN
ftr-463	1198	7	's	's	PART
ftr-463	1198	8	shareholders	shareholder	NOUN
ftr-463	1198	9	exchanged	exchange	VERB
ftr-463	1198	10	their	their	PRON
ftr-463	1198	11	stock	stock	NOUN
ftr-463	1198	12	for	for	ADP
ftr-463	1198	13	passbook	passbook	NOUN
ftr-463	1198	14	savings	saving	NOUN
ftr-463	1198	15	accounts	account	NOUN
ftr-463	1198	16	in	in	ADP
ftr-463	1198	17	the	the	DET
ftr-463	1198	18	mutual	mutual	NOUN
ftr-463	1198	19	.	.	PUNCT
ftr-463	1199	1	the	the	DET
ftr-463	1199	2	service	service	NOUN
ftr-463	1199	3	argued	argue	VERB
ftr-463	1199	4	that	that	SCONJ
ftr-463	1199	5	the	the	DET
ftr-463	1199	6	transaction	transaction	NOUN
ftr-463	1199	7	failed	fail	VERB
ftr-463	1199	8	the	the	DET
ftr-463	1199	9	continuity	continuity	NOUN
ftr-463	1199	10	requirement	requirement	NOUN
ftr-463	1199	11	because	because	SCONJ
ftr-463	1199	12	the	the	DET
ftr-463	1199	13	passbook	passbook	NOUN
ftr-463	1199	14	accounts	account	NOUN
ftr-463	1199	15	were	be	AUX
ftr-463	1199	16	not	not	PART
ftr-463	1199	17	equity	equity	NOUN
ftr-463	1199	18	in	in	ADP
ftr-463	1199	19	the	the	DET
ftr-463	1199	20	mutual	mutual	NOUN
ftr-463	1199	21	.	.	PUNCT
ftr-463	1200	1	the	the	DET
ftr-463	1200	2	court	court	NOUN
ftr-463	1200	3	ruled	rule	VERB
ftr-463	1200	4	for	for	ADP
ftr-463	1200	5	the	the	DET
ftr-463	1200	6	service	service	NOUN
ftr-463	1200	7	,	,	PUNCT
ftr-463	1200	8	but	but	CCONJ
ftr-463	1200	9	based	base	VERB
ftr-463	1200	10	its	its	PRON
ftr-463	1200	11	opinion	opinion	NOUN
ftr-463	1200	12	on	on	ADP
ftr-463	1200	13	the	the	DET
ftr-463	1200	14	narrower	narrow	ADJ
ftr-463	1200	15	ground	ground	NOUN
ftr-463	1200	16	that	that	SCONJ
ftr-463	1200	17	the	the	DET
ftr-463	1200	18	passbook	passbook	NOUN
ftr-463	1200	19	accounts	account	NOUN
ftr-463	1200	20	were	be	AUX
ftr-463	1200	21	"	"	PUNCT
ftr-463	1200	22	cash	cash	NOUN
ftr-463	1200	23	equivalents,"'79	equivalents,"'79	NOUN
ftr-463	1200	24	which	which	PRON
ftr-463	1200	25	were	be	AUX
ftr-463	1200	26	not	not	PART
ftr-463	1200	27	an	an	DET
ftr-463	1200	28	adequate	adequate	ADJ
ftr-463	1200	29	interest	interest	NOUN
ftr-463	1200	30	in	in	ADP
ftr-463	1200	31	the	the	DET
ftr-463	1200	32	acquiror	acquiror	NOUN
ftr-463	1200	33	to	to	PART
ftr-463	1200	34	satisfy	satisfy	VERB
ftr-463	1200	35	the	the	DET
ftr-463	1200	36	continuity	continuity	NOUN
ftr-463	1200	37	test	test	NOUN
ftr-463	1200	38	.	.	PUNCT
ftr-463	1201	1	paulsen	paulsen	PROPN
ftr-463	1201	2	is	be	AUX
ftr-463	1201	3	consistent	consistent	ADJ
ftr-463	1201	4	with	with	ADP
ftr-463	1201	5	the	the	DET
ftr-463	1201	6	teachings	teaching	NOUN
ftr-463	1201	7	of	of	ADP
ftr-463	1201	8	cortland	cortland	PROPN
ftr-463	1201	9	and	and	CCONJ
ftr-463	1201	10	pinellas	pinellas	PROPN
ftr-463	1201	11	that	that	SCONJ
ftr-463	1201	12	an	an	DET
ftr-463	1201	13	asset	asset	NOUN
ftr-463	1201	14	transfer	transfer	NOUN
ftr-463	1201	15	entirely	entirely	ADV
ftr-463	1201	16	for	for	ADP
ftr-463	1201	17	cash	cash	NOUN
ftr-463	1201	18	or	or	CCONJ
ftr-463	1201	19	cash	cash	NOUN
ftr-463	1201	20	equivalents	equivalent	NOUN
ftr-463	1201	21	is	be	AUX
ftr-463	1201	22	more	more	ADV
ftr-463	1201	23	like	like	ADP
ftr-463	1201	24	a	a	DET
ftr-463	1201	25	sale	sale	NOUN
ftr-463	1201	26	than	than	ADP
ftr-463	1201	27	a	a	DET
ftr-463	1201	28	tax	tax	NOUN
ftr-463	1201	29	-	-	PUNCT
ftr-463	1201	30	free	free	ADJ
ftr-463	1201	31	transaction	transaction	NOUN
ftr-463	1201	32	.	.	PUNCT
ftr-463	1202	1	although	although	SCONJ
ftr-463	1202	2	the	the	DET
ftr-463	1202	3	paulsen	paulsen	PROPN
ftr-463	1202	4	court	court	PROPN
ftr-463	1202	5	was	be	AUX
ftr-463	1202	6	without	without	ADP
ftr-463	1202	7	statutory	statutory	ADJ
ftr-463	1202	8	basis	basis	NOUN
ftr-463	1202	9	in	in	ADP
ftr-463	1202	10	applying	apply	VERB
ftr-463	1202	11	the	the	DET
ftr-463	1202	12	continuity	continuity	NOUN
ftr-463	1202	13	doctrine	doctrine	NOUN
ftr-463	1202	14	to	to	ADP
ftr-463	1202	15	a	a	DET
ftr-463	1202	16	statutory	statutory	ADJ
ftr-463	1202	17	merger	merger	NOUN
ftr-463	1202	18	,	,	PUNCT
ftr-463	1202	19	"	"	PUNCT
ftr-463	1202	20	there	there	PRON
ftr-463	1202	21	is	be	VERB
ftr-463	1202	22	at	at	ADP
ftr-463	1202	23	least	least	ADJ
ftr-463	1202	24	some	some	PRON
ftr-463	1202	25	historical	historical	ADJ
ftr-463	1202	26	support	support	NOUN
ftr-463	1202	27	and	and	CCONJ
ftr-463	1202	28	strong	strong	ADJ
ftr-463	1202	29	policy	policy	NOUN
ftr-463	1202	30	reasons	reason	NOUN
ftr-463	1202	31	for	for	ADP
ftr-463	1202	32	requiring	require	VERB
ftr-463	1202	33	at	at	ADP
ftr-463	1202	34	least	least	ADJ
ftr-463	1202	35	some	some	PRON
ftr-463	1202	36	acquiror	acquiror	NOUN
ftr-463	1202	37	equity	equity	NOUN
ftr-463	1202	38	consideration	consideration	NOUN
ftr-463	1202	39	in	in	ADP
ftr-463	1202	40	even	even	ADV
ftr-463	1202	41	a	a	DET
ftr-463	1202	42	statutory	statutory	ADJ
ftr-463	1202	43	merger	merger	NOUN
ftr-463	1202	44	.	.	PUNCT
ftr-463	1203	1	as	as	SCONJ
ftr-463	1203	2	discussed	discuss	VERB
ftr-463	1203	3	above	above	ADV
ftr-463	1203	4	,	,	PUNCT
ftr-463	1203	5	in	in	ADP
ftr-463	1203	6	1934	1934	NUM
ftr-463	1203	7	,	,	PUNCT
ftr-463	1203	8	when	when	SCONJ
ftr-463	1203	9	congress	congress	PROPN
ftr-463	1203	10	introduced	introduce	VERB
ftr-463	1203	11	the	the	DET
ftr-463	1203	12	statutory	statutory	ADJ
ftr-463	1203	13	continuity	continuity	NOUN
ftr-463	1203	14	requirement	requirement	NOUN
ftr-463	1203	15	of	of	ADP
ftr-463	1203	16	solely	solely	ADV
ftr-463	1203	17	voting	vote	VERB
ftr-463	1203	18	stock	stock	NOUN
ftr-463	1203	19	consideration	consideration	NOUN
ftr-463	1203	20	for	for	ADP
ftr-463	1203	21	b	b	NOUN
ftr-463	1203	22	and	and	CCONJ
ftr-463	1203	23	c	c	NOUN
ftr-463	1203	24	reorganizations	reorganization	NOUN
ftr-463	1203	25	,	,	PUNCT
ftr-463	1203	26	implicitly	implicitly	ADV
ftr-463	1203	27	reaffirming	reaffirm	VERB
ftr-463	1203	28	that	that	SCONJ
ftr-463	1203	29	no	no	DET
ftr-463	1203	30	continuity	continuity	NOUN
ftr-463	1203	31	is	be	AUX
ftr-463	1203	32	required	require	VERB
ftr-463	1203	33	for	for	ADP
ftr-463	1203	34	a	a	DET
ftr-463	1203	35	statutory	statutory	ADJ
ftr-463	1203	36	merger	merger	NOUN
ftr-463	1203	37	,	,	PUNCT
ftr-463	1203	38	most	most	ADJ
ftr-463	1203	39	states	state	NOUN
ftr-463	1203	40	'	'	PART
ftr-463	1203	41	laws	law	NOUN
ftr-463	1203	42	required	require	VERB
ftr-463	1203	43	that	that	SCONJ
ftr-463	1203	44	the	the	DET
ftr-463	1203	45	consideration	consideration	NOUN
ftr-463	1203	46	in	in	ADP
ftr-463	1203	47	a	a	DET
ftr-463	1203	48	statutory	statutory	ADJ
ftr-463	1203	49	merger	merger	NOUN
ftr-463	1203	50	include	include	VERB
ftr-463	1203	51	stock	stock	NOUN
ftr-463	1203	52	or	or	CCONJ
ftr-463	1203	53	securities	security	NOUN
ftr-463	1203	54	of	of	ADP
ftr-463	1203	55	the	the	DET
ftr-463	1203	56	acquiror	acquiror	NOUN
ftr-463	1203	57	.	.	PUNCT
ftr-463	1204	1	although	although	SCONJ
ftr-463	1204	2	a	a	DET
ftr-463	1204	3	reorganizations	reorganization	NOUN
ftr-463	1204	4	continue	continue	VERB
ftr-463	1204	5	to	to	PART
ftr-463	1204	6	be	be	AUX
ftr-463	1204	7	defined	define	VERB
ftr-463	1204	8	by	by	ADP
ftr-463	1204	9	reference	reference	NOUN
ftr-463	1204	10	to	to	ADP
ftr-463	1204	11	state	state	NOUN
ftr-463	1204	12	laws	law	NOUN
ftr-463	1204	13	(	(	PUNCT
ftr-463	1204	14	presumably	presumably	ADV
ftr-463	1204	15	current	current	ADJ
ftr-463	1204	16	laws	law	NOUN
ftr-463	1204	17	)	)	PUNCT
ftr-463	1204	18	,	,	PUNCT
ftr-463	1204	19	which	which	PRON
ftr-463	1204	20	reflect	reflect	VERB
ftr-463	1204	21	relaxed	relaxed	ADJ
ftr-463	1204	22	merger	merger	NOUN
ftr-463	1204	23	requirements	requirement	NOUN
ftr-463	1204	24	since	since	SCONJ
ftr-463	1204	25	1934	1934	NUM
ftr-463	1204	26	,	,	PUNCT
ftr-463	1204	27	it	it	PRON
ftr-463	1204	28	was	be	AUX
ftr-463	1204	29	not	not	PART
ftr-463	1204	30	unreasonable	unreasonable	ADJ
ftr-463	1204	31	for	for	SCONJ
ftr-463	1204	32	the	the	DET
ftr-463	1204	33	paulsen	paulsen	PROPN
ftr-463	1204	34	court	court	PROPN
ftr-463	1204	35	to	to	PART
ftr-463	1204	36	,	,	PUNCT
ftr-463	1204	37	in	in	ADP
ftr-463	1204	38	effect	effect	NOUN
ftr-463	1204	39	,	,	PUNCT
ftr-463	1204	40	interpret	interpret	VERB
ftr-463	1204	41	the	the	DET
ftr-463	1204	42	phrase	phrase	NOUN
ftr-463	1204	43	"	"	PUNCT
ftr-463	1204	44	statutory	statutory	ADJ
ftr-463	1204	45	merger	merger	NOUN
ftr-463	1204	46	or	or	CCONJ
ftr-463	1204	47	consolidation	consolidation	NOUN
ftr-463	1204	48	"	"	PUNCT
ftr-463	1204	49	by	by	ADP
ftr-463	1204	50	reference	reference	NOUN
ftr-463	1204	51	to	to	ADP
ftr-463	1204	52	the	the	DET
ftr-463	1204	53	law	law	NOUN
ftr-463	1204	54	in	in	ADP
ftr-463	1204	55	1934	1934	NUM
ftr-463	1204	56	,	,	PUNCT
ftr-463	1204	57	when	when	SCONJ
ftr-463	1204	58	congress	congress	PROPN
ftr-463	1204	59	last	last	ADV
ftr-463	1204	60	considered	consider	VERB
ftr-463	1204	61	the	the	DET
ftr-463	1204	62	issue	issue	NOUN
ftr-463	1204	63	.	.	PUNCT
ftr-463	1205	1	moreover	moreover	ADV
ftr-463	1205	2	,	,	PUNCT
ftr-463	1205	3	a	a	DET
ftr-463	1205	4	contrary	contrary	ADJ
ftr-463	1205	5	holding	holding	NOUN
ftr-463	1205	6	,	,	PUNCT
ftr-463	1205	7	allowing	allow	VERB
ftr-463	1205	8	a	a	DET
ftr-463	1205	9	merger	merger	NOUN
ftr-463	1205	10	or	or	CCONJ
ftr-463	1205	11	consolidation	consolidation	NOUN
ftr-463	1205	12	with	with	ADP
ftr-463	1205	13	only	only	ADJ
ftr-463	1205	14	cash	cash	NOUN
ftr-463	1205	15	consideration	consideration	NOUN
ftr-463	1205	16	,	,	PUNCT
ftr-463	1205	17	would	would	AUX
ftr-463	1205	18	entirely	entirely	ADV
ftr-463	1205	19	eliminate	eliminate	VERB
ftr-463	1205	20	the	the	DET
ftr-463	1205	21	distinction	distinction	NOUN
ftr-463	1205	22	between	between	ADP
ftr-463	1205	23	tax	tax	NOUN
ftr-463	1205	24	-	-	PUNCT
ftr-463	1205	25	free	free	ADJ
ftr-463	1205	26	transactions	transaction	NOUN
ftr-463	1205	27	and	and	CCONJ
ftr-463	1205	28	taxable	taxable	ADJ
ftr-463	1205	29	sales	sale	NOUN
ftr-463	1205	30	.	.	PUNCT
ftr-463	1206	1	the	the	DET
ftr-463	1206	2	paulsen	paulsen	PROPN
ftr-463	1206	3	court	court	PROPN
ftr-463	1206	4	,	,	PUNCT
ftr-463	1206	5	in	in	ADP
ftr-463	1206	6	holding	hold	VERB
ftr-463	1206	7	that	that	SCONJ
ftr-463	1206	8	the	the	DET
ftr-463	1206	9	acquiror	acquiror	NOUN
ftr-463	1206	10	's	's	PART
ftr-463	1206	11	consideration	consideration	NOUN
ftr-463	1206	12	in	in	ADP
ftr-463	1206	13	a	a	DET
ftr-463	1206	14	reorganization	reorganization	NOUN
ftr-463	1206	15	may	may	AUX
ftr-463	1206	16	not	not	PART
ftr-463	1206	17	consist	consist	VERB
ftr-463	1206	18	entirely	entirely	ADV
ftr-463	1206	19	of	of	ADP
ftr-463	1206	20	"	"	PUNCT
ftr-463	1206	21	cash	cash	NOUN
ftr-463	1206	22	equivalents	equivalent	NOUN
ftr-463	1206	23	,	,	PUNCT
ftr-463	1206	24	"	"	PUNCT
ftr-463	1206	25	therefore	therefore	ADV
ftr-463	1206	26	adopted	adopt	VERB
ftr-463	1206	27	a	a	DET
ftr-463	1206	28	pragmatic	pragmatic	ADJ
ftr-463	1206	29	approach	approach	NOUN
ftr-463	1206	30	that	that	PRON
ftr-463	1206	31	was	be	AUX
ftr-463	1206	32	consistent	consistent	ADJ
ftr-463	1206	33	with	with	ADP
ftr-463	1206	34	cortland	cortland	PROPN
ftr-463	1206	35	and	and	CCONJ
ftr-463	1206	36	pinellas	pinellas	PROPN
ftr-463	1206	37	and	and	CCONJ
ftr-463	1206	38	as	as	ADV
ftr-463	1206	39	loyal	loyal	ADJ
ftr-463	1206	40	to	to	ADP
ftr-463	1206	41	the	the	DET
ftr-463	1206	42	statutory	statutory	ADJ
ftr-463	1206	43	language	language	NOUN
ftr-463	1206	44	as	as	ADP
ftr-463	1206	45	countervailing	countervail	VERB
ftr-463	1206	46	178	178	NUM
ftr-463	1206	47	.	.	PUNCT
ftr-463	1207	1	469	469	NUM
ftr-463	1207	2	u.s	u.s	PROPN
ftr-463	1207	3	.	.	PROPN
ftr-463	1207	4	131	131	NUM
ftr-463	1207	5	(	(	PUNCT
ftr-463	1207	6	1985	1985	NUM
ftr-463	1207	7	)	)	PUNCT
ftr-463	1207	8	.	.	PUNCT
ftr-463	1208	1	179	179	NUM
ftr-463	1208	2	.	.	PUNCT
ftr-463	1209	1	i	i	PRON
ftr-463	1209	2	d.	d.	PROPN
ftr-463	1209	3	at	at	ADP
ftr-463	1209	4	140	140	NUM
ftr-463	1209	5	.	.	PUNCT
ftr-463	1210	1	the	the	DET
ftr-463	1210	2	position	position	NOUN
ftr-463	1210	3	upheld	uphold	VERB
ftr-463	1210	4	in	in	ADP
ftr-463	1210	5	paulsen	paulsen	PROPN
ftr-463	1210	6	was	be	AUX
ftr-463	1210	7	first	first	ADV
ftr-463	1210	8	asserted	assert	VERB
ftr-463	1210	9	by	by	ADP
ftr-463	1210	10	the	the	DET
ftr-463	1210	11	service	service	NOUN
ftr-463	1210	12	in	in	ADP
ftr-463	1210	13	1969	1969	NUM
ftr-463	1210	14	.	.	PUNCT
ftr-463	1211	1	see	see	VERB
ftr-463	1211	2	rev	rev	PROPN
ftr-463	1211	3	.	.	PROPN
ftr-463	1211	4	rul	rul	PROPN
ftr-463	1211	5	.	.	PUNCT
ftr-463	1212	1	69	69	NUM
ftr-463	1212	2	-	-	SYM
ftr-463	1212	3	6	6	NUM
ftr-463	1212	4	,	,	PUNCT
ftr-463	1212	5	1969	1969	NUM
ftr-463	1212	6	-	-	SYM
ftr-463	1212	7	1	1	NUM
ftr-463	1212	8	c.b	c.b	PROPN
ftr-463	1212	9	.	.	PROPN
ftr-463	1212	10	104	104	NUM
ftr-463	1212	11	.	.	X
ftr-463	1213	1	180	180	NUM
ftr-463	1213	2	.	.	PUNCT
ftr-463	1214	1	see	see	VERB
ftr-463	1214	2	supra	supra	PROPN
ftr-463	1214	3	part	part	NOUN
ftr-463	1214	4	ii.c	ii.c	VERB
ftr-463	1214	5	.	.	PUNCT
ftr-463	1215	1	florida	florida	PROPN
ftr-463	1215	2	tax	tax	PROPN
ftr-463	1215	3	review	review	NOUN
ftr-463	1215	4	policy	policy	NOUN
ftr-463	1215	5	views	view	NOUN
ftr-463	1215	6	would	would	AUX
ftr-463	1215	7	permit	permit	VERB
ftr-463	1215	8	.	.	PUNCT
ftr-463	1216	1	it	it	PRON
ftr-463	1216	2	is	be	AUX
ftr-463	1216	3	notable	notable	ADJ
ftr-463	1216	4	that	that	SCONJ
ftr-463	1216	5	the	the	DET
ftr-463	1216	6	court	court	NOUN
ftr-463	1216	7	in	in	ADP
ftr-463	1216	8	paulsen	paulsen	PROPN
ftr-463	1216	9	did	do	AUX
ftr-463	1216	10	not	not	PART
ftr-463	1216	11	prohibit	prohibit	VERB
ftr-463	1216	12	a	a	DET
ftr-463	1216	13	statutory	statutory	ADJ
ftr-463	1216	14	merger	merger	NOUN
ftr-463	1216	15	solely	solely	ADV
ftr-463	1216	16	for	for	ADP
ftr-463	1216	17	securities	security	NOUN
ftr-463	1216	18	of	of	ADP
ftr-463	1216	19	the	the	DET
ftr-463	1216	20	acquiror	acquiror	NOUN
ftr-463	1216	21	.	.	PUNCT
ftr-463	1217	1	the	the	DET
ftr-463	1217	2	service	service	NOUN
ftr-463	1217	3	soon	soon	ADV
ftr-463	1217	4	found	find	VERB
ftr-463	1217	5	that	that	SCONJ
ftr-463	1217	6	the	the	DET
ftr-463	1217	7	requirement	requirement	NOUN
ftr-463	1217	8	it	it	PRON
ftr-463	1217	9	succeeded	succeed	VERB
ftr-463	1217	10	in	in	ADP
ftr-463	1217	11	imposing	impose	VERB
ftr-463	1217	12	in	in	ADP
ftr-463	1217	13	paulsen	paulsen	PROPN
ftr-463	1217	14	-	-	PUNCT
ftr-463	1217	15	that	that	SCONJ
ftr-463	1217	16	the	the	DET
ftr-463	1217	17	target	target	NOUN
ftr-463	1217	18	or	or	CCONJ
ftr-463	1217	19	its	its	PRON
ftr-463	1217	20	shareholders	shareholder	NOUN
ftr-463	1217	21	must	must	AUX
ftr-463	1217	22	receive	receive	VERB
ftr-463	1217	23	equity	equity	NOUN
ftr-463	1217	24	in	in	ADP
ftr-463	1217	25	the	the	DET
ftr-463	1217	26	acquiror	acquiror	NOUN
ftr-463	1217	27	-	-	PUNCT
ftr-463	1217	28	would	would	AUX
ftr-463	1217	29	imperil	imperil	VERB
ftr-463	1217	30	tax	tax	NOUN
ftr-463	1217	31	-	-	PUNCT
ftr-463	1217	32	free	free	ADJ
ftr-463	1217	33	treatment	treatment	NOUN
ftr-463	1217	34	for	for	ADP
ftr-463	1217	35	other	other	ADJ
ftr-463	1217	36	transactions	transaction	NOUN
ftr-463	1217	37	involving	involve	VERB
ftr-463	1217	38	mutual	mutual	ADJ
ftr-463	1217	39	savings	saving	NOUN
ftr-463	1217	40	banks	bank	NOUN
ftr-463	1217	41	and	and	CCONJ
ftr-463	1217	42	mutual	mutual	ADJ
ftr-463	1217	43	savings	saving	NOUN
ftr-463	1217	44	and	and	CCONJ
ftr-463	1217	45	loans	loan	NOUN
ftr-463	1217	46	.	.	PUNCT
ftr-463	1218	1	first	first	ADV
ftr-463	1218	2	,	,	PUNCT
ftr-463	1218	3	in	in	ADP
ftr-463	1218	4	a	a	DET
ftr-463	1218	5	conversion	conversion	NOUN
ftr-463	1218	6	of	of	ADP
ftr-463	1218	7	one	one	NUM
ftr-463	1218	8	of	of	ADP
ftr-463	1218	9	these	these	DET
ftr-463	1218	10	institutions	institution	NOUN
ftr-463	1218	11	into	into	ADP
ftr-463	1218	12	a	a	DET
ftr-463	1218	13	stock	stock	NOUN
ftr-463	1218	14	corporation	corporation	NOUN
ftr-463	1218	15	,	,	PUNCT
ftr-463	1218	16	depositors	depositor	NOUN
ftr-463	1218	17	in	in	ADP
ftr-463	1218	18	the	the	DET
ftr-463	1218	19	mutual	mutual	NOUN
ftr-463	1218	20	typically	typically	ADV
ftr-463	1218	21	receive	receive	VERB
ftr-463	1218	22	a	a	DET
ftr-463	1218	23	"	"	PUNCT
ftr-463	1218	24	liquidation	liquidation	NOUN
ftr-463	1218	25	account	account	NOUN
ftr-463	1218	26	"	"	PUNCT
ftr-463	1218	27	that	that	PRON
ftr-463	1218	28	preserves	preserve	VERB
ftr-463	1218	29	only	only	ADV
ftr-463	1218	30	their	their	PRON
ftr-463	1218	31	rights	right	NOUN
ftr-463	1218	32	to	to	ADP
ftr-463	1218	33	the	the	DET
ftr-463	1218	34	assets	asset	NOUN
ftr-463	1218	35	of	of	ADP
ftr-463	1218	36	the	the	DET
ftr-463	1218	37	mutual	mutual	ADJ
ftr-463	1218	38	on	on	ADP
ftr-463	1218	39	its	its	PRON
ftr-463	1218	40	liquidation	liquidation	NOUN
ftr-463	1218	41	(	(	PUNCT
ftr-463	1218	42	and	and	CCONJ
ftr-463	1218	43	only	only	ADV
ftr-463	1218	44	then	then	ADV
ftr-463	1218	45	to	to	ADP
ftr-463	1218	46	a	a	DET
ftr-463	1218	47	limited	limited	ADJ
ftr-463	1218	48	extent	extent	NOUN
ftr-463	1218	49	)	)	PUNCT
ftr-463	1218	50	.	.	PUNCT
ftr-463	1219	1	depositors	depositor	NOUN
ftr-463	1219	2	are	be	AUX
ftr-463	1219	3	also	also	ADV
ftr-463	1219	4	usually	usually	ADV
ftr-463	1219	5	issued	issue	VERB
ftr-463	1219	6	subscription	subscription	NOUN
ftr-463	1219	7	rights	right	NOUN
ftr-463	1219	8	for	for	ADP
ftr-463	1219	9	stock	stock	NOUN
ftr-463	1219	10	,	,	PUNCT
ftr-463	1219	11	but	but	CCONJ
ftr-463	1219	12	these	these	DET
ftr-463	1219	13	rights	right	NOUN
ftr-463	1219	14	normally	normally	ADV
ftr-463	1219	15	require	require	VERB
ftr-463	1219	16	a	a	DET
ftr-463	1219	17	cash	cash	NOUN
ftr-463	1219	18	payment	payment	NOUN
ftr-463	1219	19	by	by	ADP
ftr-463	1219	20	the	the	DET
ftr-463	1219	21	holder	holder	NOUN
ftr-463	1219	22	on	on	ADP
ftr-463	1219	23	exercise	exercise	NOUN
ftr-463	1219	24	.	.	PUNCT
ftr-463	1220	1	under	under	ADP
ftr-463	1220	2	traditional	traditional	ADJ
ftr-463	1220	3	debt	debt	NOUN
ftr-463	1220	4	/	/	SYM
ftr-463	1220	5	equity	equity	NOUN
ftr-463	1220	6	analysis	analysis	NOUN
ftr-463	1220	7	,	,	PUNCT
ftr-463	1220	8	an	an	DET
ftr-463	1220	9	instrument	instrument	NOUN
ftr-463	1220	10	,	,	PUNCT
ftr-463	1220	11	such	such	ADJ
ftr-463	1220	12	as	as	ADP
ftr-463	1220	13	the	the	DET
ftr-463	1220	14	liquidation	liquidation	NOUN
ftr-463	1220	15	account	account	NOUN
ftr-463	1220	16	,	,	PUNCT
ftr-463	1220	17	that	that	PRON
ftr-463	1220	18	provides	provide	VERB
ftr-463	1220	19	a	a	DET
ftr-463	1220	20	fixed	fix	VERB
ftr-463	1220	21	return	return	NOUN
ftr-463	1220	22	and	and	CCONJ
ftr-463	1220	23	does	do	AUX
ftr-463	1220	24	not	not	PART
ftr-463	1220	25	provide	provide	VERB
ftr-463	1220	26	for	for	ADP
ftr-463	1220	27	any	any	DET
ftr-463	1220	28	meaningful	meaningful	ADJ
ftr-463	1220	29	upside	upside	ADJ
ftr-463	1220	30	potential	potential	ADJ
ftr-463	1220	31	or	or	CCONJ
ftr-463	1220	32	downside	downside	ADJ
ftr-463	1220	33	risk	risk	NOUN
ftr-463	1220	34	in	in	ADP
ftr-463	1220	35	the	the	DET
ftr-463	1220	36	issuer	issuer	NOUN
ftr-463	1220	37	,	,	PUNCT
ftr-463	1220	38	or	or	CCONJ
ftr-463	1220	39	voting	voting	NOUN
ftr-463	1220	40	rights	right	NOUN
ftr-463	1220	41	,	,	PUNCT
ftr-463	1220	42	is	be	AUX
ftr-463	1220	43	not	not	PART
ftr-463	1220	44	ordinarily	ordinarily	ADV
ftr-463	1220	45	treated	treat	VERB
ftr-463	1220	46	as	as	ADP
ftr-463	1220	47	stock	stock	NOUN
ftr-463	1220	48	.	.	PUNCT
ftr-463	1220	49	'	'	PUNCT
ftr-463	1221	1	8	8	NUM
ftr-463	1221	2	'	'	PUNCT
ftr-463	1221	3	thus	thus	ADV
ftr-463	1221	4	,	,	PUNCT
ftr-463	1221	5	since	since	SCONJ
ftr-463	1221	6	neither	neither	CCONJ
ftr-463	1221	7	the	the	DET
ftr-463	1221	8	target	target	NOUN
ftr-463	1221	9	nor	nor	CCONJ
ftr-463	1221	10	its	its	PRON
ftr-463	1221	11	shareholders	shareholder	NOUN
ftr-463	1221	12	receive	receive	VERB
ftr-463	1221	13	acquiror	acquiror	NOUN
ftr-463	1221	14	stock	stock	NOUN
ftr-463	1221	15	for	for	ADP
ftr-463	1221	16	target	target	NOUN
ftr-463	1221	17	assets	asset	NOUN
ftr-463	1221	18	,	,	PUNCT
ftr-463	1221	19	the	the	DET
ftr-463	1221	20	transaction	transaction	NOUN
ftr-463	1221	21	apparently	apparently	ADV
ftr-463	1221	22	fails	fail	VERB
ftr-463	1221	23	the	the	DET
ftr-463	1221	24	service	service	NOUN
ftr-463	1221	25	's	's	PART
ftr-463	1221	26	exposition	exposition	NOUN
ftr-463	1221	27	of	of	ADP
ftr-463	1221	28	the	the	DET
ftr-463	1221	29	continuity	continuity	NOUN
ftr-463	1221	30	doctrine	doctrine	NOUN
ftr-463	1221	31	.	.	PUNCT
ftr-463	1222	1	nevertheless	nevertheless	ADV
ftr-463	1222	2	,	,	PUNCT
ftr-463	1222	3	in	in	ADP
ftr-463	1222	4	two	two	NUM
ftr-463	1222	5	published	publish	VERB
ftr-463	1222	6	rulings	ruling	NOUN
ftr-463	1222	7	,	,	PUNCT
ftr-463	1222	8	the	the	DET
ftr-463	1222	9	service	service	NOUN
ftr-463	1222	10	held	hold	VERB
ftr-463	1222	11	that	that	SCONJ
ftr-463	1222	12	in	in	ADP
ftr-463	1222	13	the	the	DET
ftr-463	1222	14	merger	merger	NOUN
ftr-463	1222	15	of	of	ADP
ftr-463	1222	16	one	one	NUM
ftr-463	1222	17	mutual	mutual	NOUN
ftr-463	1222	18	into	into	ADP
ftr-463	1222	19	another	another	PRON
ftr-463	1222	20	,	,	PUNCT
ftr-463	1222	21	the	the	DET
ftr-463	1222	22	liquidation	liquidation	NOUN
ftr-463	1222	23	accounts	account	NOUN
ftr-463	1222	24	are	be	AUX
ftr-463	1222	25	a	a	DET
ftr-463	1222	26	sufficient	sufficient	ADJ
ftr-463	1222	27	equity	equity	NOUN
ftr-463	1222	28	interest	interest	NOUN
ftr-463	1222	29	for	for	ADP
ftr-463	1222	30	continuity	continuity	NOUN
ftr-463	1222	31	of	of	ADP
ftr-463	1222	32	interest	interest	NOUN
ftr-463	1222	33	purposes	purpose	NOUN
ftr-463	1222	34	.	.	PUNCT
ftr-463	1223	1	82	82	NUM
ftr-463	1223	2	in	in	ADP
ftr-463	1223	3	revenue	revenue	NOUN
ftr-463	1223	4	ruling	rule	VERB
ftr-463	1223	5	80	80	NUM
ftr-463	1223	6	-	-	SYM
ftr-463	1223	7	105	105	NUM
ftr-463	1223	8	,	,	PUNCT
ftr-463	1223	9	'	'	PUNCT
ftr-463	1223	10	the	the	DET
ftr-463	1223	11	service	service	NOUN
ftr-463	1223	12	further	far	ADV
ftr-463	1223	13	held	hold	VERB
ftr-463	1223	14	,	,	PUNCT
ftr-463	1223	15	on	on	ADP
ftr-463	1223	16	the	the	DET
ftr-463	1223	17	basis	basis	NOUN
ftr-463	1223	18	of	of	ADP
ftr-463	1223	19	the	the	DET
ftr-463	1223	20	earlier	early	ADJ
ftr-463	1223	21	rulings	ruling	NOUN
ftr-463	1223	22	,	,	PUNCT
ftr-463	1223	23	that	that	SCONJ
ftr-463	1223	24	the	the	DET
ftr-463	1223	25	conversion	conversion	NOUN
ftr-463	1223	26	of	of	ADP
ftr-463	1223	27	a	a	DET
ftr-463	1223	28	mutual	mutual	NOUN
ftr-463	1223	29	into	into	ADP
ftr-463	1223	30	a	a	DET
ftr-463	1223	31	stock	stock	NOUN
ftr-463	1223	32	institution	institution	NOUN
ftr-463	1223	33	is	be	AUX
ftr-463	1223	34	an	an	DET
ftr-463	1223	35	f	f	PROPN
ftr-463	1223	36	reorganization	reorganization	NOUN
ftr-463	1223	37	.	.	PUNCT
ftr-463	1224	1	next	next	ADV
ftr-463	1224	2	,	,	PUNCT
ftr-463	1224	3	the	the	DET
ftr-463	1224	4	service	service	NOUN
ftr-463	1224	5	was	be	AUX
ftr-463	1224	6	faced	face	VERB
ftr-463	1224	7	with	with	ADP
ftr-463	1224	8	whether	whether	SCONJ
ftr-463	1224	9	such	such	DET
ftr-463	1224	10	a	a	DET
ftr-463	1224	11	converted	converted	ADJ
ftr-463	1224	12	entity	entity	NOUN
ftr-463	1224	13	could	could	AUX
ftr-463	1224	14	be	be	AUX
ftr-463	1224	15	acquired	acquire	VERB
ftr-463	1224	16	in	in	ADP
ftr-463	1224	17	a	a	DET
ftr-463	1224	18	triangular	triangular	NOUN
ftr-463	1224	19	reorganization	reorganization	NOUN
ftr-463	1224	20	.	.	PUNCT
ftr-463	1225	1	in	in	ADP
ftr-463	1225	2	a	a	DET
ftr-463	1225	3	triangular	triangular	NOUN
ftr-463	1225	4	merger	merger	NOUN
ftr-463	1225	5	of	of	ADP
ftr-463	1225	6	a	a	DET
ftr-463	1225	7	former	former	ADJ
ftr-463	1225	8	mutual	mutual	NOUN
ftr-463	1225	9	into	into	ADP
ftr-463	1225	10	a	a	DET
ftr-463	1225	11	subsidiary	subsidiary	NOUN
ftr-463	1225	12	of	of	ADP
ftr-463	1225	13	a	a	DET
ftr-463	1225	14	stock	stock	NOUN
ftr-463	1225	15	corporation	corporation	NOUN
ftr-463	1225	16	,	,	PUNCT
ftr-463	1225	17	only	only	ADV
ftr-463	1225	18	actual	actual	ADJ
ftr-463	1225	19	shareholders	shareholder	NOUN
ftr-463	1225	20	in	in	ADP
ftr-463	1225	21	the	the	DET
ftr-463	1225	22	target	target	NOUN
ftr-463	1225	23	receive	receive	VERB
ftr-463	1225	24	parent	parent	NOUN
ftr-463	1225	25	stock	stock	NOUN
ftr-463	1225	26	;	;	PUNCT
ftr-463	1225	27	the	the	DET
ftr-463	1225	28	former	former	ADJ
ftr-463	1225	29	passbook	passbook	NOUN
ftr-463	1225	30	holders	holder	NOUN
ftr-463	1225	31	retain	retain	VERB
ftr-463	1225	32	their	their	PRON
ftr-463	1225	33	liquidation	liquidation	NOUN
ftr-463	1225	34	accounts	account	NOUN
ftr-463	1225	35	in	in	ADP
ftr-463	1225	36	the	the	DET
ftr-463	1225	37	acquiring	acquire	VERB
ftr-463	1225	38	subsidiary	subsidiary	NOUN
ftr-463	1225	39	.	.	PUNCT
ftr-463	1226	1	thus	thus	ADV
ftr-463	1226	2	,	,	PUNCT
ftr-463	1226	3	the	the	DET
ftr-463	1226	4	lingering	linger	VERB
ftr-463	1226	5	gromanbashford	gromanbashford	ADJ
ftr-463	1226	6	problem	problem	NOUN
ftr-463	1226	7	was	be	AUX
ftr-463	1226	8	presented	present	VERB
ftr-463	1226	9	in	in	ADP
ftr-463	1226	10	spades	spade	NOUN
ftr-463	1226	11	:	:	PUNCT
ftr-463	1226	12	if	if	SCONJ
ftr-463	1226	13	passbook	passbook	NOUN
ftr-463	1226	14	holders	holder	NOUN
ftr-463	1226	15	and	and	CCONJ
ftr-463	1226	16	stockholders	stockholder	NOUN
ftr-463	1226	17	in	in	ADP
ftr-463	1226	18	the	the	DET
ftr-463	1226	19	former	former	ADJ
ftr-463	1226	20	mutual	mutual	ADJ
ftr-463	1226	21	hold	hold	NOUN
ftr-463	1226	22	equity	equity	NOUN
ftr-463	1226	23	and	and	CCONJ
ftr-463	1226	24	the	the	DET
ftr-463	1226	25	passbook	passbook	NOUN
ftr-463	1226	26	holders	holder	NOUN
ftr-463	1226	27	receive	receive	VERB
ftr-463	1226	28	an	an	DET
ftr-463	1226	29	interest	interest	NOUN
ftr-463	1226	30	in	in	ADP
ftr-463	1226	31	subsidiary	subsidiary	NOUN
ftr-463	1226	32	,	,	PUNCT
ftr-463	1226	33	while	while	SCONJ
ftr-463	1226	34	the	the	DET
ftr-463	1226	35	stockholders	stockholder	NOUN
ftr-463	1226	36	receive	receive	VERB
ftr-463	1226	37	an	an	DET
ftr-463	1226	38	interest	interest	NOUN
ftr-463	1226	39	in	in	ADP
ftr-463	1226	40	the	the	DET
ftr-463	1226	41	parent	parent	NOUN
ftr-463	1226	42	,	,	PUNCT
ftr-463	1226	43	is	be	AUX
ftr-463	1226	44	the	the	DET
ftr-463	1226	45	parent	parent	NOUN
ftr-463	1226	46	or	or	CCONJ
ftr-463	1226	47	the	the	DET
ftr-463	1226	48	subsidiary	subsidiary	NOUN
ftr-463	1226	49	the	the	DET
ftr-463	1226	50	"	"	PUNCT
ftr-463	1226	51	party	party	NOUN
ftr-463	1226	52	to	to	ADP
ftr-463	1226	53	the	the	DET
ftr-463	1226	54	reorganization	reorganization	NOUN
ftr-463	1226	55	?	?	PUNCT
ftr-463	1226	56	"	"	PUNCT
ftr-463	1226	57	or	or	CCONJ
ftr-463	1226	58	,	,	PUNCT
ftr-463	1226	59	to	to	PART
ftr-463	1226	60	take	take	VERB
ftr-463	1226	61	the	the	DET
ftr-463	1226	62	service	service	NOUN
ftr-463	1226	63	's	's	PART
ftr-463	1226	64	view	view	NOUN
ftr-463	1226	65	of	of	ADP
ftr-463	1226	66	groman	groman	NOUN
ftr-463	1226	67	and	and	CCONJ
ftr-463	1226	68	bashford	bashford	NOUN
ftr-463	1226	69	,	,	PUNCT
ftr-463	1226	70	the	the	DET
ftr-463	1226	71	transaction	transaction	NOUN
ftr-463	1226	72	flunks	flunk	VERB
ftr-463	1226	73	remote	remote	ADJ
ftr-463	1226	74	181	181	NUM
ftr-463	1226	75	.	.	PUNCT
ftr-463	1227	1	see	see	VERB
ftr-463	1227	2	generally	generally	ADV
ftr-463	1227	3	william	william	PROPN
ftr-463	1227	4	t.	t.	PROPN
ftr-463	1227	5	plumb	plumb	PROPN
ftr-463	1227	6	,	,	PUNCT
ftr-463	1227	7	jr	jr	PROPN
ftr-463	1227	8	.	.	PROPN
ftr-463	1227	9	,	,	PUNCT
ftr-463	1227	10	the	the	DET
ftr-463	1227	11	federal	federal	ADJ
ftr-463	1227	12	income	income	NOUN
ftr-463	1227	13	tax	tax	NOUN
ftr-463	1227	14	significance	significance	NOUN
ftr-463	1227	15	of	of	ADP
ftr-463	1227	16	corporate	corporate	ADJ
ftr-463	1227	17	debt	debt	NOUN
ftr-463	1227	18	:	:	PUNCT
ftr-463	1227	19	a	a	DET
ftr-463	1227	20	critical	critical	ADJ
ftr-463	1227	21	analysis	analysis	NOUN
ftr-463	1227	22	and	and	CCONJ
ftr-463	1227	23	a	a	DET
ftr-463	1227	24	proposal	proposal	NOUN
ftr-463	1227	25	,	,	PUNCT
ftr-463	1227	26	26	26	NUM
ftr-463	1227	27	tax	tax	NOUN
ftr-463	1227	28	l.	l.	PROPN
ftr-463	1227	29	rev	rev	PROPN
ftr-463	1227	30	.	.	PROPN
ftr-463	1227	31	369	369	NUM
ftr-463	1227	32	(	(	PUNCT
ftr-463	1227	33	1971	1971	NUM
ftr-463	1227	34	)	)	PUNCT
ftr-463	1227	35	.	.	PUNCT
ftr-463	1228	1	182	182	NUM
ftr-463	1228	2	.	.	PUNCT
ftr-463	1229	1	see	see	VERB
ftr-463	1229	2	rev	rev	PROPN
ftr-463	1229	3	.	.	PROPN
ftr-463	1229	4	rul	rul	PROPN
ftr-463	1229	5	.	.	PUNCT
ftr-463	1230	1	69	69	NUM
ftr-463	1230	2	-	-	SYM
ftr-463	1230	3	646	646	NUM
ftr-463	1230	4	,	,	PUNCT
ftr-463	1230	5	1969	1969	NUM
ftr-463	1230	6	-	-	SYM
ftr-463	1230	7	2	2	NUM
ftr-463	1230	8	c.b	c.b	PROPN
ftr-463	1230	9	.	.	PROPN
ftr-463	1230	10	54	54	NUM
ftr-463	1230	11	;	;	PUNCT
ftr-463	1230	12	rev	rev	PROPN
ftr-463	1230	13	.	.	PROPN
ftr-463	1230	14	rul	rul	PROPN
ftr-463	1230	15	.	.	PUNCT
ftr-463	1231	1	69	69	NUM
ftr-463	1231	2	-	-	SYM
ftr-463	1231	3	3	3	NUM
ftr-463	1231	4	,	,	PUNCT
ftr-463	1231	5	1969	1969	NUM
ftr-463	1231	6	-	-	SYM
ftr-463	1231	7	1	1	NUM
ftr-463	1231	8	c.b	c.b	PROPN
ftr-463	1231	9	.	.	PROPN
ftr-463	1231	10	103	103	NUM
ftr-463	1231	11	.	.	PUNCT
ftr-463	1232	1	in	in	ADP
ftr-463	1232	2	dictum	dictum	NOUN
ftr-463	1232	3	,	,	PUNCT
ftr-463	1232	4	the	the	DET
ftr-463	1232	5	paulsen	paulsen	PROPN
ftr-463	1232	6	court	court	PROPN
ftr-463	1232	7	rationalized	rationalize	VERB
ftr-463	1232	8	these	these	DET
ftr-463	1232	9	rulings	ruling	NOUN
ftr-463	1232	10	by	by	ADP
ftr-463	1232	11	comparing	compare	VERB
ftr-463	1232	12	what	what	PRON
ftr-463	1232	13	target	target	NOUN
ftr-463	1232	14	shareholders	shareholder	NOUN
ftr-463	1232	15	received	receive	VERB
ftr-463	1232	16	with	with	ADP
ftr-463	1232	17	what	what	PRON
ftr-463	1232	18	they	they	PRON
ftr-463	1232	19	gave	give	VERB
ftr-463	1232	20	up	up	ADP
ftr-463	1232	21	;	;	PUNCT
ftr-463	1232	22	since	since	SCONJ
ftr-463	1232	23	passbook	passbook	NOUN
ftr-463	1232	24	holders	holder	NOUN
ftr-463	1232	25	held	hold	VERB
ftr-463	1232	26	only	only	ADV
ftr-463	1232	27	a	a	DET
ftr-463	1232	28	nominal	nominal	ADJ
ftr-463	1232	29	equity	equity	NOUN
ftr-463	1232	30	interest	interest	NOUN
ftr-463	1232	31	,	,	PUNCT
ftr-463	1232	32	they	they	PRON
ftr-463	1232	33	need	need	AUX
ftr-463	1232	34	receive	receive	VERB
ftr-463	1232	35	nothing	nothing	PRON
ftr-463	1232	36	more	more	ADJ
ftr-463	1232	37	.	.	PUNCT
ftr-463	1233	1	this	this	DET
ftr-463	1233	2	reasoning	reasoning	NOUN
ftr-463	1233	3	is	be	AUX
ftr-463	1233	4	tangled	tangle	VERB
ftr-463	1233	5	in	in	ADP
ftr-463	1233	6	the	the	DET
ftr-463	1233	7	branches	branch	NOUN
ftr-463	1233	8	of	of	ADP
ftr-463	1233	9	continuity	continuity	NOUN
ftr-463	1233	10	dogma	dogma	NOUN
ftr-463	1233	11	.	.	PUNCT
ftr-463	1234	1	the	the	DET
ftr-463	1234	2	continuity	continuity	NOUN
ftr-463	1234	3	question	question	NOUN
ftr-463	1234	4	is	be	AUX
ftr-463	1234	5	whether	whether	SCONJ
ftr-463	1234	6	,	,	PUNCT
ftr-463	1234	7	at	at	ADP
ftr-463	1234	8	the	the	DET
ftr-463	1234	9	corporate	corporate	ADJ
ftr-463	1234	10	level	level	NOUN
ftr-463	1234	11	,	,	PUNCT
ftr-463	1234	12	the	the	DET
ftr-463	1234	13	consideration	consideration	NOUN
ftr-463	1234	14	tendered	tender	VERB
ftr-463	1234	15	by	by	ADP
ftr-463	1234	16	the	the	DET
ftr-463	1234	17	acquiror	acquiror	NOUN
ftr-463	1234	18	renders	render	VERB
ftr-463	1234	19	the	the	DET
ftr-463	1234	20	transaction	transaction	NOUN
ftr-463	1234	21	more	more	ADJ
ftr-463	1234	22	sale	sale	NOUN
ftr-463	1234	23	-	-	PUNCT
ftr-463	1234	24	like	like	ADJ
ftr-463	1234	25	or	or	CCONJ
ftr-463	1234	26	more	more	ADJ
ftr-463	1234	27	merger	merger	NOUN
ftr-463	1234	28	-	-	PUNCT
ftr-463	1234	29	like	like	ADJ
ftr-463	1234	30	.	.	PUNCT
ftr-463	1235	1	only	only	ADV
ftr-463	1235	2	if	if	SCONJ
ftr-463	1235	3	the	the	DET
ftr-463	1235	4	consideration	consideration	NOUN
ftr-463	1235	5	received	receive	VERB
ftr-463	1235	6	by	by	ADP
ftr-463	1235	7	the	the	DET
ftr-463	1235	8	target	target	NOUN
ftr-463	1235	9	is	be	AUX
ftr-463	1235	10	sufficiently	sufficiently	ADV
ftr-463	1235	11	merger	merger	NOUN
ftr-463	1235	12	-	-	PUNCT
ftr-463	1235	13	like	like	ADJ
ftr-463	1235	14	is	be	AUX
ftr-463	1235	15	the	the	DET
ftr-463	1235	16	consideration	consideration	NOUN
ftr-463	1235	17	received	receive	VERB
ftr-463	1235	18	by	by	ADP
ftr-463	1235	19	target	target	NOUN
ftr-463	1235	20	's	's	PART
ftr-463	1235	21	equity	equity	NOUN
ftr-463	1235	22	holders	holder	NOUN
ftr-463	1235	23	tested	test	VERB
ftr-463	1235	24	for	for	ADP
ftr-463	1235	25	"	"	PUNCT
ftr-463	1235	26	stock	stock	NOUN
ftr-463	1235	27	or	or	CCONJ
ftr-463	1235	28	security	security	NOUN
ftr-463	1235	29	"	"	PUNCT
ftr-463	1235	30	status	status	NOUN
ftr-463	1235	31	under	under	ADP
ftr-463	1235	32	§	§	PROPN
ftr-463	1235	33	354	354	NUM
ftr-463	1235	34	.	.	NOUN
ftr-463	1235	35	183	183	NUM
ftr-463	1235	36	.	.	PUNCT
ftr-463	1235	37	1980	1980	NUM
ftr-463	1235	38	-	-	SYM
ftr-463	1235	39	1	1	NUM
ftr-463	1235	40	c.b	c.b	PROPN
ftr-463	1235	41	.	.	PROPN
ftr-463	1235	42	78	78	NUM
ftr-463	1235	43	.	.	PUNCT
ftr-463	1236	1	[	[	X
ftr-463	1236	2	vol	vol	NOUN
ftr-463	1236	3	.	.	PUNCT
ftr-463	1236	4	3:5	3:5	NUM
ftr-463	1236	5	1996	1996	NUM
ftr-463	1236	6	]	]	PUNCT
ftr-463	1236	7	devolution	devolution	NOUN
ftr-463	1236	8	&	&	CCONJ
ftr-463	1236	9	inevitable	inevitable	ADJ
ftr-463	1236	10	extinction	extinction	NOUN
ftr-463	1236	11	of	of	ADP
ftr-463	1236	12	the	the	DET
ftr-463	1236	13	contiuuity	contiuuity	NOUN
ftr-463	1236	14	of	of	ADP
ftr-463	1236	15	interest	interest	NOUN
ftr-463	1236	16	doctrine	doctrine	NOUN
ftr-463	1236	17	241	241	NUM
ftr-463	1236	18	continuity	continuity	NOUN
ftr-463	1236	19	.	.	PUNCT
ftr-463	1237	1	however	however	ADV
ftr-463	1237	2	,	,	PUNCT
ftr-463	1237	3	in	in	ADP
ftr-463	1237	4	a	a	DET
ftr-463	1237	5	triumph	triumph	NOUN
ftr-463	1237	6	of	of	ADP
ftr-463	1237	7	policy	policy	NOUN
ftr-463	1237	8	over	over	ADP
ftr-463	1237	9	doctrine	doctrine	NOUN
ftr-463	1237	10	,	,	PUNCT
ftr-463	1237	11	the	the	DET
ftr-463	1237	12	service	service	NOUN
ftr-463	1237	13	,	,	PUNCT
ftr-463	1237	14	in	in	ADP
ftr-463	1237	15	a	a	DET
ftr-463	1237	16	series	series	NOUN
ftr-463	1237	17	of	of	ADP
ftr-463	1237	18	private	private	ADJ
ftr-463	1237	19	rulings	ruling	NOUN
ftr-463	1237	20	,	,	PUNCT
ftr-463	1237	21	adopted	adopt	VERB
ftr-463	1237	22	the	the	DET
ftr-463	1237	23	inconsistent	inconsistent	ADJ
ftr-463	1237	24	position	position	NOUN
ftr-463	1237	25	that	that	SCONJ
ftr-463	1237	26	,	,	PUNCT
ftr-463	1237	27	although	although	SCONJ
ftr-463	1237	28	the	the	DET
ftr-463	1237	29	liquidation	liquidation	NOUN
ftr-463	1237	30	accounts	account	NOUN
ftr-463	1237	31	sufficed	suffice	VERB
ftr-463	1237	32	as	as	ADP
ftr-463	1237	33	a	a	DET
ftr-463	1237	34	continuing	continue	VERB
ftr-463	1237	35	interest	interest	NOUN
ftr-463	1237	36	in	in	ADP
ftr-463	1237	37	mutual	mutual	ADJ
ftr-463	1237	38	-	-	PUNCT
ftr-463	1237	39	mutual	mutual	ADJ
ftr-463	1237	40	mergers	merger	NOUN
ftr-463	1237	41	and	and	CCONJ
ftr-463	1237	42	mutual	mutual	ADJ
ftr-463	1237	43	to	to	ADP
ftr-463	1237	44	stock	stock	NOUN
ftr-463	1237	45	conversions	conversion	NOUN
ftr-463	1237	46	,	,	PUNCT
ftr-463	1237	47	they	they	PRON
ftr-463	1237	48	are	be	AUX
ftr-463	1237	49	not	not	PART
ftr-463	1237	50	considered	consider	VERB
ftr-463	1237	51	stock	stock	NOUN
ftr-463	1237	52	of	of	ADP
ftr-463	1237	53	the	the	DET
ftr-463	1237	54	acquiror	acquiror	NOUN
ftr-463	1237	55	that	that	PRON
ftr-463	1237	56	could	could	AUX
ftr-463	1237	57	blow	blow	VERB
ftr-463	1237	58	a	a	DET
ftr-463	1237	59	triangular	triangular	NOUN
ftr-463	1237	60	reorganization	reorganization	NOUN
ftr-463	1237	61	.	.	PUNCT
ftr-463	1237	62	'	'	PUNCT
ftr-463	1238	1	the	the	DET
ftr-463	1238	2	final	final	ADJ
ftr-463	1238	3	hoop	hoop	NOUN
ftr-463	1238	4	involved	involve	VERB
ftr-463	1238	5	the	the	DET
ftr-463	1238	6	consequences	consequence	NOUN
ftr-463	1238	7	of	of	ADP
ftr-463	1238	8	an	an	DET
ftr-463	1238	9	integrated	integrate	VERB
ftr-463	1238	10	transaction	transaction	NOUN
ftr-463	1238	11	in	in	ADP
ftr-463	1238	12	which	which	PRON
ftr-463	1238	13	a	a	DET
ftr-463	1238	14	mutual	mutual	ADJ
ftr-463	1238	15	savings	saving	NOUN
ftr-463	1238	16	bank	bank	NOUN
ftr-463	1238	17	converts	convert	NOUN
ftr-463	1238	18	into	into	ADP
ftr-463	1238	19	a	a	DET
ftr-463	1238	20	stock	stock	NOUN
ftr-463	1238	21	savings	saving	NOUN
ftr-463	1238	22	bank	bank	NOUN
ftr-463	1238	23	(	(	PUNCT
ftr-463	1238	24	with	with	ADP
ftr-463	1238	25	passbook	passbook	NOUN
ftr-463	1238	26	holders	holder	NOUN
ftr-463	1238	27	in	in	ADP
ftr-463	1238	28	the	the	DET
ftr-463	1238	29	mutual	mutual	ADJ
ftr-463	1238	30	receiving	receiving	NOUN
ftr-463	1238	31	liquidation	liquidation	NOUN
ftr-463	1238	32	accounts	account	NOUN
ftr-463	1238	33	in	in	ADP
ftr-463	1238	34	the	the	DET
ftr-463	1238	35	stock	stock	NOUN
ftr-463	1238	36	institution	institution	NOUN
ftr-463	1238	37	)	)	PUNCT
ftr-463	1238	38	and	and	CCONJ
ftr-463	1238	39	the	the	DET
ftr-463	1238	40	new	new	ADJ
ftr-463	1238	41	stock	stock	NOUN
ftr-463	1238	42	bank	bank	PROPN
ftr-463	1238	43	merges	merge	VERB
ftr-463	1238	44	into	into	ADP
ftr-463	1238	45	a	a	DET
ftr-463	1238	46	newly	newly	ADV
ftr-463	1238	47	-	-	PUNCT
ftr-463	1238	48	formed	form	VERB
ftr-463	1238	49	subsidiary	subsidiary	NOUN
ftr-463	1238	50	of	of	ADP
ftr-463	1238	51	an	an	DET
ftr-463	1238	52	acquiror	acquiror	NOUN
ftr-463	1238	53	with	with	ADP
ftr-463	1238	54	former	former	ADJ
ftr-463	1238	55	passbook	passbook	NOUN
ftr-463	1238	56	holders	holder	NOUN
ftr-463	1238	57	receiving	receive	VERB
ftr-463	1238	58	cash	cash	NOUN
ftr-463	1238	59	for	for	ADP
ftr-463	1238	60	their	their	PRON
ftr-463	1238	61	liquidation	liquidation	NOUN
ftr-463	1238	62	accounts.s	accounts.s	PROPN
ftr-463	1238	63	'	'	PUNCT
ftr-463	1238	64	if	if	SCONJ
ftr-463	1238	65	liquidation	liquidation	NOUN
ftr-463	1238	66	accounts	account	NOUN
ftr-463	1238	67	are	be	AUX
ftr-463	1238	68	treated	treat	VERB
ftr-463	1238	69	as	as	ADP
ftr-463	1238	70	equity	equity	NOUN
ftr-463	1238	71	in	in	ADP
ftr-463	1238	72	the	the	DET
ftr-463	1238	73	former	former	ADJ
ftr-463	1238	74	mutual	mutual	NOUN
ftr-463	1238	75	for	for	ADP
ftr-463	1238	76	purposes	purpose	NOUN
ftr-463	1238	77	of	of	ADP
ftr-463	1238	78	qualifying	qualify	VERB
ftr-463	1238	79	the	the	DET
ftr-463	1238	80	first	first	ADJ
ftr-463	1238	81	step	step	NOUN
ftr-463	1238	82	of	of	ADP
ftr-463	1238	83	the	the	DET
ftr-463	1238	84	transaction	transaction	NOUN
ftr-463	1238	85	as	as	ADP
ftr-463	1238	86	an	an	DET
ftr-463	1238	87	f	f	PROPN
ftr-463	1238	88	reorganization	reorganization	NOUN
ftr-463	1238	89	,	,	PUNCT
ftr-463	1238	90	the	the	DET
ftr-463	1238	91	immediate	immediate	ADJ
ftr-463	1238	92	cash	cash	NOUN
ftr-463	1238	93	-	-	PUNCT
ftr-463	1238	94	out	out	NOUN
ftr-463	1238	95	of	of	ADP
ftr-463	1238	96	that	that	DET
ftr-463	1238	97	equity	equity	NOUN
ftr-463	1238	98	interest	interest	NOUN
ftr-463	1238	99	in	in	ADP
ftr-463	1238	100	the	the	DET
ftr-463	1238	101	second	second	ADJ
ftr-463	1238	102	step	step	NOUN
ftr-463	1238	103	of	of	ADP
ftr-463	1238	104	the	the	DET
ftr-463	1238	105	transaction	transaction	NOUN
ftr-463	1238	106	defeats	defeat	VERB
ftr-463	1238	107	the	the	DET
ftr-463	1238	108	first	first	ADJ
ftr-463	1238	109	-	-	PUNCT
ftr-463	1238	110	step	step	NOUN
ftr-463	1238	111	f	f	NOUN
ftr-463	1238	112	reorganization	reorganization	NOUN
ftr-463	1238	113	.	.	PUNCT
ftr-463	1239	1	this	this	DET
ftr-463	1239	2	time	time	NOUN
ftr-463	1239	3	,	,	PUNCT
ftr-463	1239	4	to	to	PART
ftr-463	1239	5	reconcile	reconcile	VERB
ftr-463	1239	6	the	the	DET
ftr-463	1239	7	irreconcilable	irreconcilable	ADJ
ftr-463	1239	8	,	,	PUNCT
ftr-463	1239	9	the	the	DET
ftr-463	1239	10	service	service	NOUN
ftr-463	1239	11	held	hold	VERB
ftr-463	1239	12	that	that	SCONJ
ftr-463	1239	13	the	the	DET
ftr-463	1239	14	first	first	ADJ
ftr-463	1239	15	-	-	PUNCT
ftr-463	1239	16	step	step	NOUN
ftr-463	1239	17	conversion	conversion	NOUN
ftr-463	1239	18	is	be	AUX
ftr-463	1239	19	not	not	PART
ftr-463	1239	20	an	an	DET
ftr-463	1239	21	f	f	NOUN
ftr-463	1239	22	reorganization	reorganization	NOUN
ftr-463	1239	23	,	,	PUNCT
ftr-463	1239	24	as	as	SCONJ
ftr-463	1239	25	revenue	revenue	NOUN
ftr-463	1239	26	ruling	rule	VERB
ftr-463	1239	27	80	80	NUM
ftr-463	1239	28	-	-	SYM
ftr-463	1239	29	105	105	NUM
ftr-463	1239	30	held	hold	VERB
ftr-463	1239	31	,	,	PUNCT
ftr-463	1239	32	but	but	CCONJ
ftr-463	1239	33	is	be	AUX
ftr-463	1239	34	instead	instead	ADV
ftr-463	1239	35	an	an	DET
ftr-463	1239	36	e	e	NOUN
ftr-463	1239	37	-	-	NOUN
ftr-463	1239	38	type	type	NOUN
ftr-463	1239	39	recapitalization	recapitalization	NOUN
ftr-463	1239	40	,	,	PUNCT
ftr-463	1239	41	which	which	PRON
ftr-463	1239	42	has	have	VERB
ftr-463	1239	43	no	no	DET
ftr-463	1239	44	continuity	continuity	NOUN
ftr-463	1239	45	requirement	requirement	NOUN
ftr-463	1239	46	.	.	PUNCT
ftr-463	1239	47	"	"	PUNCT
ftr-463	1240	1	v.	v.	CCONJ
ftr-463	1240	2	the	the	DET
ftr-463	1240	3	end	end	NOUN
ftr-463	1240	4	of	of	ADP
ftr-463	1240	5	continuity	continuity	NOUN
ftr-463	1240	6	as	as	SCONJ
ftr-463	1240	7	we	we	PRON
ftr-463	1240	8	know	know	VERB
ftr-463	1240	9	it	it	PRON
ftr-463	1240	10	parts	part	VERB
ftr-463	1240	11	i	i	PRON
ftr-463	1240	12	through	through	ADP
ftr-463	1240	13	iv	iv	NUM
ftr-463	1240	14	of	of	ADP
ftr-463	1240	15	this	this	DET
ftr-463	1240	16	article	article	NOUN
ftr-463	1240	17	show	show	VERB
ftr-463	1240	18	how	how	SCONJ
ftr-463	1240	19	the	the	DET
ftr-463	1240	20	continuity	continuity	NOUN
ftr-463	1240	21	doctrine	doctrine	NOUN
ftr-463	1240	22	escaped	escape	VERB
ftr-463	1240	23	its	its	PRON
ftr-463	1240	24	rationale	rationale	NOUN
ftr-463	1240	25	and	and	CCONJ
ftr-463	1240	26	was	be	AUX
ftr-463	1240	27	applied	apply	VERB
ftr-463	1240	28	indiscriminately	indiscriminately	ADV
ftr-463	1240	29	without	without	ADP
ftr-463	1240	30	regard	regard	NOUN
ftr-463	1240	31	to	to	ADP
ftr-463	1240	32	its	its	PRON
ftr-463	1240	33	historical	historical	ADJ
ftr-463	1240	34	purpose	purpose	NOUN
ftr-463	1240	35	,	,	PUNCT
ftr-463	1240	36	and	and	CCONJ
ftr-463	1240	37	how	how	SCONJ
ftr-463	1240	38	only	only	ADV
ftr-463	1240	39	significant	significant	ADJ
ftr-463	1240	40	contrary	contrary	ADJ
ftr-463	1240	41	policies	policy	NOUN
ftr-463	1240	42	have	have	AUX
ftr-463	1240	43	forced	force	VERB
ftr-463	1240	44	congress	congress	PROPN
ftr-463	1240	45	,	,	PUNCT
ftr-463	1240	46	the	the	DET
ftr-463	1240	47	service	service	NOUN
ftr-463	1240	48	,	,	PUNCT
ftr-463	1240	49	and	and	CCONJ
ftr-463	1240	50	the	the	DET
ftr-463	1240	51	courts	court	NOUN
ftr-463	1240	52	to	to	PART
ftr-463	1240	53	reexamine	reexamine	VERB
ftr-463	1240	54	its	its	PRON
ftr-463	1240	55	outer	outer	ADJ
ftr-463	1240	56	boundaries	boundary	NOUN
ftr-463	1240	57	.	.	PUNCT
ftr-463	1241	1	this	this	DET
ftr-463	1241	2	part	part	NOUN
ftr-463	1241	3	begins	begin	VERB
ftr-463	1241	4	by	by	ADP
ftr-463	1241	5	examining	examine	VERB
ftr-463	1241	6	some	some	PRON
ftr-463	1241	7	of	of	ADP
ftr-463	1241	8	the	the	DET
ftr-463	1241	9	consequences	consequence	NOUN
ftr-463	1241	10	of	of	ADP
ftr-463	1241	11	the	the	DET
ftr-463	1241	12	current	current	ADJ
ftr-463	1241	13	continuity	continuity	NOUN
ftr-463	1241	14	of	of	ADP
ftr-463	1241	15	interest	interest	NOUN
ftr-463	1241	16	doctrine	doctrine	NOUN
ftr-463	1241	17	from	from	ADP
ftr-463	1241	18	a	a	DET
ftr-463	1241	19	tax	tax	NOUN
ftr-463	1241	20	policy	policy	NOUN
ftr-463	1241	21	perspective	perspective	NOUN
ftr-463	1241	22	.	.	PUNCT
ftr-463	1242	1	it	it	PRON
ftr-463	1242	2	concludes	conclude	VERB
ftr-463	1242	3	that	that	SCONJ
ftr-463	1242	4	the	the	DET
ftr-463	1242	5	consequences	consequence	NOUN
ftr-463	1242	6	of	of	ADP
ftr-463	1242	7	the	the	DET
ftr-463	1242	8	doctrine	doctrine	NOUN
ftr-463	1242	9	reflect	reflect	VERB
ftr-463	1242	10	such	such	ADJ
ftr-463	1242	11	poor	poor	ADJ
ftr-463	1242	12	tax	tax	NOUN
ftr-463	1242	13	policy	policy	NOUN
ftr-463	1242	14	that	that	PRON
ftr-463	1242	15	revision	revision	NOUN
ftr-463	1242	16	is	be	AUX
ftr-463	1242	17	inevitable	inevitable	ADJ
ftr-463	1242	18	,	,	PUNCT
ftr-463	1242	19	and	and	CCONJ
ftr-463	1242	20	considers	consider	VERB
ftr-463	1242	21	some	some	DET
ftr-463	1242	22	alternative	alternative	ADJ
ftr-463	1242	23	conceptions	conception	NOUN
ftr-463	1242	24	of	of	ADP
ftr-463	1242	25	continuity	continuity	NOUN
ftr-463	1242	26	that	that	PRON
ftr-463	1242	27	could	could	AUX
ftr-463	1242	28	form	form	VERB
ftr-463	1242	29	the	the	DET
ftr-463	1242	30	basis	basis	NOUN
ftr-463	1242	31	of	of	ADP
ftr-463	1242	32	a	a	DET
ftr-463	1242	33	new	new	ADJ
ftr-463	1242	34	doctrine	doctrine	NOUN
ftr-463	1242	35	of	of	ADP
ftr-463	1242	36	more	more	ADJ
ftr-463	1242	37	limited	limited	ADJ
ftr-463	1242	38	scope	scope	NOUN
ftr-463	1242	39	.	.	PUNCT
ftr-463	1243	1	a.	a.	NOUN
ftr-463	1244	1	the	the	DET
ftr-463	1244	2	consequences	consequence	NOUN
ftr-463	1244	3	of	of	ADP
ftr-463	1244	4	continuitn	continuitn	NOUN
ftr-463	1244	5	1	1	NUM
ftr-463	1244	6	.	.	PUNCT
ftr-463	1245	1	abuse	abuse	NOUN
ftr-463	1245	2	potential.-continuity	potential.-continuity	NOUN
ftr-463	1245	3	has	have	AUX
ftr-463	1245	4	always	always	ADV
ftr-463	1245	5	been	be	AUX
ftr-463	1245	6	a	a	DET
ftr-463	1245	7	doctrine	doctrine	NOUN
ftr-463	1245	8	of	of	ADP
ftr-463	1245	9	universal	universal	ADJ
ftr-463	1245	10	application	application	NOUN
ftr-463	1245	11	.	.	PUNCT
ftr-463	1246	1	historically	historically	ADV
ftr-463	1246	2	,	,	PUNCT
ftr-463	1246	3	it	it	PRON
ftr-463	1246	4	has	have	AUX
ftr-463	1246	5	been	be	AUX
ftr-463	1246	6	invoked	invoke	VERB
ftr-463	1246	7	by	by	ADP
ftr-463	1246	8	taxpayers	taxpayer	NOUN
ftr-463	1246	9	seeking	seek	VERB
ftr-463	1246	10	184	184	NUM
ftr-463	1246	11	.	.	PUNCT
ftr-463	1247	1	see	see	VERB
ftr-463	1247	2	,	,	PUNCT
ftr-463	1247	3	e.g.	e.g.	ADV
ftr-463	1247	4	,	,	PUNCT
ftr-463	1247	5	priv	priv	PROPN
ftr-463	1247	6	.	.	PUNCT
ftr-463	1248	1	let	let	VERB
ftr-463	1248	2	.	.	PUNCT
ftr-463	1249	1	rul	rul	NOUN
ftr-463	1249	2	.	.	PUNCT
ftr-463	1249	3	8942058	8942058	NUM
ftr-463	1249	4	(	(	PUNCT
ftr-463	1249	5	july	july	PROPN
ftr-463	1249	6	25	25	NUM
ftr-463	1249	7	.	.	NOUN
ftr-463	1249	8	1989	1989	NUM
ftr-463	1249	9	)	)	PUNCT
ftr-463	1249	10	.	.	PUNCT
ftr-463	1250	1	priv	priv	PROPN
ftr-463	1250	2	.	.	PUNCT
ftr-463	1251	1	let	let	VERB
ftr-463	1251	2	.	.	PUNCT
ftr-463	1252	1	rut	rut	NOUN
ftr-463	1252	2	.	.	PUNCT
ftr-463	1253	1	8739053	8739053	NUM
ftr-463	1253	2	(	(	PUNCT
ftr-463	1253	3	june	june	PROPN
ftr-463	1253	4	30	30	NUM
ftr-463	1253	5	,	,	PUNCT
ftr-463	1253	6	1987	1987	NUM
ftr-463	1253	7	)	)	PUNCT
ftr-463	1253	8	.	.	PUNCT
ftr-463	1254	1	185	185	NUM
ftr-463	1254	2	.	.	PUNCT
ftr-463	1255	1	see	see	VERB
ftr-463	1255	2	priv	priv	PROPN
ftr-463	1255	3	.	.	PUNCT
ftr-463	1256	1	let	let	VERB
ftr-463	1256	2	.	.	PUNCT
ftr-463	1257	1	rul	rul	NOUN
ftr-463	1257	2	.	.	PUNCT
ftr-463	1258	1	9207028	9207028	NUM
ftr-463	1258	2	(	(	PUNCT
ftr-463	1258	3	nov	nov	PROPN
ftr-463	1258	4	.	.	PROPN
ftr-463	1258	5	19	19	NUM
ftr-463	1258	6	.	.	NOUN
ftr-463	1258	7	1991	1991	NUM
ftr-463	1258	8	)	)	PUNCT
ftr-463	1258	9	.	.	PUNCT
ftr-463	1259	1	for	for	ADP
ftr-463	1259	2	a	a	DET
ftr-463	1259	3	more	more	ADV
ftr-463	1259	4	detailed	detailed	ADJ
ftr-463	1259	5	history	history	NOUN
ftr-463	1259	6	and	and	CCONJ
ftr-463	1259	7	analysis	analysis	NOUN
ftr-463	1259	8	of	of	ADP
ftr-463	1259	9	mutual	mutual	ADJ
ftr-463	1259	10	conversions	conversion	NOUN
ftr-463	1259	11	and	and	CCONJ
ftr-463	1259	12	acquisitions	acquisition	NOUN
ftr-463	1259	13	,	,	PUNCT
ftr-463	1259	14	see	see	VERB
ftr-463	1259	15	robert	robert	PROPN
ftr-463	1259	16	j.	j.	PROPN
ftr-463	1259	17	jones	jones	PROPN
ftr-463	1259	18	,	,	PUNCT
ftr-463	1259	19	et	et	PROPN
ftr-463	1259	20	al	al	PROPN
ftr-463	1259	21	.	.	PROPN
ftr-463	1259	22	,	,	PUNCT
ftr-463	1259	23	irs	irs	PROPN
ftr-463	1259	24	clarifies	clarify	VERB
ftr-463	1259	25	conversions	conversion	NOUN
ftr-463	1259	26	of	of	ADP
ftr-463	1259	27	financial	financial	ADJ
ftr-463	1259	28	institutions	institution	NOUN
ftr-463	1259	29	from	from	ADP
ftr-463	1259	30	mutual	mutual	ADJ
ftr-463	1259	31	to	to	ADP
ftr-463	1259	32	stock	stock	NOUN
ftr-463	1259	33	form	form	NOUN
ftr-463	1259	34	,	,	PUNCT
ftr-463	1259	35	6	6	NUM
ftr-463	1259	36	j.	j.	PROPN
ftr-463	1259	37	bank	bank	PROPN
ftr-463	1259	38	tax'n	tax'n	ADJ
ftr-463	1259	39	9	9	NUM
ftr-463	1259	40	(	(	PUNCT
ftr-463	1259	41	1992	1992	NUM
ftr-463	1259	42	)	)	PUNCT
ftr-463	1259	43	;	;	PUNCT
ftr-463	1259	44	gregory	gregory	PROPN
ftr-463	1259	45	j.	j.	PROPN
ftr-463	1259	46	soukup	soukup	PROPN
ftr-463	1259	47	,	,	PUNCT
ftr-463	1259	48	the	the	DET
ftr-463	1259	49	continuity	continuity	NOUN
ftr-463	1259	50	-	-	PUNCT
ftr-463	1259	51	of	of	ADP
ftr-463	1259	52	-	-	PUNCT
ftr-463	1259	53	proprietary	proprietary	ADJ
ftr-463	1259	54	-	-	PUNCT
ftr-463	1259	55	interest	interest	NOUN
ftr-463	1259	56	doctrine	doctrine	NOUN
ftr-463	1259	57	and	and	CCONJ
ftr-463	1259	58	thrift	thrift	NOUN
ftr-463	1259	59	institution	institution	NOUN
ftr-463	1259	60	mergers	merger	NOUN
ftr-463	1259	61	,	,	PUNCT
ftr-463	1259	62	12	12	NUM
ftr-463	1259	63	j.	j.	PROPN
ftr-463	1259	64	corp	corp	PROPN
ftr-463	1259	65	.	.	PROPN
ftr-463	1259	66	tax'n	tax'n	ADP
ftr-463	1259	67	141	141	NUM
ftr-463	1259	68	(	(	PUNCT
ftr-463	1259	69	1985	1985	NUM
ftr-463	1259	70	)	)	PUNCT
ftr-463	1259	71	.	.	PUNCT
ftr-463	1260	1	186	186	NUM
ftr-463	1260	2	.	.	PUNCT
ftr-463	1261	1	this	this	DET
ftr-463	1261	2	ruling	ruling	NOUN
ftr-463	1261	3	suggests	suggest	VERB
ftr-463	1261	4	that	that	SCONJ
ftr-463	1261	5	a	a	DET
ftr-463	1261	6	recapitalization	recapitalization	NOUN
ftr-463	1261	7	that	that	PRON
ftr-463	1261	8	is	be	AUX
ftr-463	1261	9	the	the	DET
ftr-463	1261	10	first	first	ADJ
ftr-463	1261	11	step	step	NOUN
ftr-463	1261	12	of	of	ADP
ftr-463	1261	13	an	an	DET
ftr-463	1261	14	integrated	integrate	VERB
ftr-463	1261	15	transaction	transaction	NOUN
ftr-463	1261	16	is	be	AUX
ftr-463	1261	17	respected	respect	VERB
ftr-463	1261	18	as	as	ADP
ftr-463	1261	19	such	such	ADJ
ftr-463	1261	20	,	,	PUNCT
ftr-463	1261	21	and	and	CCONJ
ftr-463	1261	22	not	not	PART
ftr-463	1261	23	collapsed	collapse	VERB
ftr-463	1261	24	into	into	ADP
ftr-463	1261	25	the	the	DET
ftr-463	1261	26	other	other	ADJ
ftr-463	1261	27	steps	step	NOUN
ftr-463	1261	28	.	.	PUNCT
ftr-463	1262	1	florida	florida	PROPN
ftr-463	1262	2	tax	tax	PROPN
ftr-463	1262	3	review	review	NOUN
ftr-463	1262	4	to	to	PART
ftr-463	1262	5	recognize	recognize	VERB
ftr-463	1262	6	losses	loss	NOUN
ftr-463	1262	7	or	or	CCONJ
ftr-463	1262	8	avoid	avoid	VERB
ftr-463	1262	9	other	other	ADJ
ftr-463	1262	10	undesirable	undesirable	ADJ
ftr-463	1262	11	consequences	consequence	NOUN
ftr-463	1262	12	of	of	ADP
ftr-463	1262	13	reorganization	reorganization	NOUN
ftr-463	1262	14	status	status	NOUN
ftr-463	1262	15	,	,	PUNCT
ftr-463	1262	16	with	with	ADP
ftr-463	1262	17	the	the	DET
ftr-463	1262	18	same	same	ADJ
ftr-463	1262	19	frequency	frequency	NOUN
ftr-463	1262	20	and	and	CCONJ
ftr-463	1262	21	zeal	zeal	NOUN
ftr-463	1262	22	as	as	SCONJ
ftr-463	1262	23	it	it	PRON
ftr-463	1262	24	has	have	AUX
ftr-463	1262	25	been	be	AUX
ftr-463	1262	26	invoked	invoke	VERB
ftr-463	1262	27	by	by	ADP
ftr-463	1262	28	the	the	DET
ftr-463	1262	29	service.187	service.187	NOUN
ftr-463	1262	30	when	when	SCONJ
ftr-463	1262	31	the	the	DET
ftr-463	1262	32	service	service	NOUN
ftr-463	1262	33	applies	apply	VERB
ftr-463	1262	34	the	the	DET
ftr-463	1262	35	doctrine	doctrine	NOUN
ftr-463	1262	36	expansively	expansively	ADV
ftr-463	1262	37	to	to	PART
ftr-463	1262	38	force	force	VERB
ftr-463	1262	39	recognition	recognition	NOUN
ftr-463	1262	40	of	of	ADP
ftr-463	1262	41	gain	gain	NOUN
ftr-463	1262	42	,	,	PUNCT
ftr-463	1262	43	it	it	PRON
ftr-463	1262	44	invites	invite	VERB
ftr-463	1262	45	taxpayers	taxpayer	NOUN
ftr-463	1262	46	to	to	PART
ftr-463	1262	47	assert	assert	VERB
ftr-463	1262	48	the	the	DET
ftr-463	1262	49	doctrine	doctrine	NOUN
ftr-463	1262	50	to	to	PART
ftr-463	1262	51	recognize	recognize	VERB
ftr-463	1262	52	loss	loss	NOUN
ftr-463	1262	53	.	.	PUNCT
ftr-463	1263	1	for	for	ADP
ftr-463	1263	2	example	example	NOUN
ftr-463	1263	3	,	,	PUNCT
ftr-463	1263	4	the	the	DET
ftr-463	1263	5	service	service	NOUN
ftr-463	1263	6	apparently	apparently	ADV
ftr-463	1263	7	maintains	maintain	VERB
ftr-463	1263	8	that	that	SCONJ
ftr-463	1263	9	remote	remote	ADJ
ftr-463	1263	10	continuity	continuity	NOUN
ftr-463	1263	11	may	may	AUX
ftr-463	1263	12	be	be	AUX
ftr-463	1263	13	lost	lose	VERB
ftr-463	1263	14	by	by	ADP
ftr-463	1263	15	an	an	DET
ftr-463	1263	16	acquiror	acquiror	NOUN
ftr-463	1263	17	's	's	PART
ftr-463	1263	18	transfer	transfer	NOUN
ftr-463	1263	19	of	of	ADP
ftr-463	1263	20	a	a	DET
ftr-463	1263	21	target	target	NOUN
ftr-463	1263	22	's	's	PART
ftr-463	1263	23	assets	asset	NOUN
ftr-463	1263	24	to	to	ADP
ftr-463	1263	25	a	a	DET
ftr-463	1263	26	partnership	partnership	NOUN
ftr-463	1263	27	largely	largely	ADV
ftr-463	1263	28	owned	own	VERB
ftr-463	1263	29	by	by	ADP
ftr-463	1263	30	the	the	DET
ftr-463	1263	31	acquiror	acquiror	NOUN
ftr-463	1263	32	(	(	PUNCT
ftr-463	1263	33	or	or	CCONJ
ftr-463	1263	34	even	even	ADV
ftr-463	1263	35	wholly	wholly	ADV
ftr-463	1263	36	-	-	PUNCT
ftr-463	1263	37	owned	own	VERB
ftr-463	1263	38	by	by	ADP
ftr-463	1263	39	an	an	DET
ftr-463	1263	40	acquiror	acquiror	NOUN
ftr-463	1263	41	group	group	NOUN
ftr-463	1263	42	)	)	PUNCT
ftr-463	1263	43	.	.	PUNCT
ftr-463	1263	44	'	'	PUNCT
ftr-463	1264	1	88	88	NUM
ftr-463	1264	2	when	when	SCONJ
ftr-463	1264	3	asserted	assert	VERB
ftr-463	1264	4	by	by	ADP
ftr-463	1264	5	taxpayers	taxpayer	NOUN
ftr-463	1264	6	,	,	PUNCT
ftr-463	1264	7	this	this	DET
ftr-463	1264	8	position	position	NOUN
ftr-463	1264	9	effectively	effectively	ADV
ftr-463	1264	10	permits	permit	VERB
ftr-463	1264	11	taxpayers	taxpayer	NOUN
ftr-463	1264	12	to	to	PART
ftr-463	1264	13	elect	elect	VERB
ftr-463	1264	14	out	out	ADP
ftr-463	1264	15	of	of	ADP
ftr-463	1264	16	reorganization	reorganization	NOUN
ftr-463	1264	17	treatment	treatment	NOUN
ftr-463	1264	18	by	by	ADP
ftr-463	1264	19	engaging	engage	VERB
ftr-463	1264	20	in	in	ADP
ftr-463	1264	21	an	an	DET
ftr-463	1264	22	economically	economically	ADV
ftr-463	1264	23	insignificant	insignificant	ADJ
ftr-463	1264	24	transaction	transaction	NOUN
ftr-463	1264	25	.	.	PUNCT
ftr-463	1265	1	additionally	additionally	ADV
ftr-463	1265	2	,	,	PUNCT
ftr-463	1265	3	in	in	ADP
ftr-463	1265	4	a	a	DET
ftr-463	1265	5	private	private	ADJ
ftr-463	1265	6	acquisition	acquisition	NOUN
ftr-463	1265	7	that	that	PRON
ftr-463	1265	8	hugs	hug	VERB
ftr-463	1265	9	the	the	DET
ftr-463	1265	10	boundaries	boundary	NOUN
ftr-463	1265	11	of	of	ADP
ftr-463	1265	12	continuity	continuity	NOUN
ftr-463	1265	13	thresholds	threshold	NOUN
ftr-463	1265	14	,	,	PUNCT
ftr-463	1265	15	different	different	ADJ
ftr-463	1265	16	parties	party	NOUN
ftr-463	1265	17	may	may	AUX
ftr-463	1265	18	take	take	VERB
ftr-463	1265	19	inconsistent	inconsistent	ADJ
ftr-463	1265	20	positions	position	NOUN
ftr-463	1265	21	as	as	ADP
ftr-463	1265	22	to	to	ADP
ftr-463	1265	23	the	the	DET
ftr-463	1265	24	existence	existence	NOUN
ftr-463	1265	25	of	of	ADP
ftr-463	1265	26	continuity	continuity	NOUN
ftr-463	1265	27	,	,	PUNCT
ftr-463	1265	28	with	with	ADP
ftr-463	1265	29	,	,	PUNCT
ftr-463	1265	30	for	for	ADP
ftr-463	1265	31	example	example	NOUN
ftr-463	1265	32	,	,	PUNCT
ftr-463	1265	33	target	target	VERB
ftr-463	1265	34	shareholders	shareholder	NOUN
ftr-463	1265	35	realizing	realize	VERB
ftr-463	1265	36	gain	gain	NOUN
ftr-463	1265	37	on	on	ADP
ftr-463	1265	38	their	their	PRON
ftr-463	1265	39	receipt	receipt	NOUN
ftr-463	1265	40	of	of	ADP
ftr-463	1265	41	acquiror	acquiror	NOUN
ftr-463	1265	42	stock	stock	NOUN
ftr-463	1265	43	reporting	report	VERB
ftr-463	1265	44	a	a	DET
ftr-463	1265	45	taxfree	taxfree	NOUN
ftr-463	1265	46	reorganization	reorganization	NOUN
ftr-463	1265	47	and	and	CCONJ
ftr-463	1265	48	those	those	PRON
ftr-463	1265	49	with	with	ADP
ftr-463	1265	50	losses	loss	NOUN
ftr-463	1265	51	claiming	claim	VERB
ftr-463	1265	52	that	that	SCONJ
ftr-463	1265	53	continuity	continuity	NOUN
ftr-463	1265	54	was	be	AUX
ftr-463	1265	55	lacking	lack	VERB
ftr-463	1265	56	.	.	PUNCT
ftr-463	1266	1	in	in	ADP
ftr-463	1266	2	this	this	DET
ftr-463	1266	3	respect	respect	NOUN
ftr-463	1266	4	,	,	PUNCT
ftr-463	1266	5	the	the	DET
ftr-463	1266	6	seagram	seagram	NOUN
ftr-463	1266	7	case	case	NOUN
ftr-463	1266	8	is	be	AUX
ftr-463	1266	9	interesting	interesting	ADJ
ftr-463	1266	10	not	not	PART
ftr-463	1266	11	only	only	ADV
ftr-463	1266	12	as	as	ADP
ftr-463	1266	13	a	a	DET
ftr-463	1266	14	substantive	substantive	ADJ
ftr-463	1266	15	decision	decision	NOUN
ftr-463	1266	16	,	,	PUNCT
ftr-463	1266	17	but	but	CCONJ
ftr-463	1266	18	as	as	ADP
ftr-463	1266	19	a	a	DET
ftr-463	1266	20	roadmap	roadmap	NOUN
ftr-463	1266	21	of	of	ADP
ftr-463	1266	22	tax	tax	NOUN
ftr-463	1266	23	-	-	PUNCT
ftr-463	1266	24	planning	planning	NOUN
ftr-463	1266	25	potential	potential	NOUN
ftr-463	1266	26	for	for	ADP
ftr-463	1266	27	target	target	NOUN
ftr-463	1266	28	shareholders	shareholder	NOUN
ftr-463	1266	29	wishing	wish	VERB
ftr-463	1266	30	to	to	PART
ftr-463	1266	31	deduct	deduct	VERB
ftr-463	1266	32	losses	loss	NOUN
ftr-463	1266	33	with	with	ADP
ftr-463	1266	34	respect	respect	NOUN
ftr-463	1266	35	to	to	ADP
ftr-463	1266	36	their	their	PRON
ftr-463	1266	37	exchanged	exchange	VERB
ftr-463	1266	38	target	target	NOUN
ftr-463	1266	39	shares	share	NOUN
ftr-463	1266	40	.	.	PUNCT
ftr-463	1267	1	in	in	ADP
ftr-463	1267	2	seagram	seagram	NOUN
ftr-463	1267	3	,	,	PUNCT
ftr-463	1267	4	escape	escape	VERB
ftr-463	1267	5	from	from	ADP
ftr-463	1267	6	the	the	DET
ftr-463	1267	7	reorganization	reorganization	NOUN
ftr-463	1267	8	provisions	provision	NOUN
ftr-463	1267	9	appears	appear	VERB
ftr-463	1267	10	to	to	PART
ftr-463	1267	11	have	have	AUX
ftr-463	1267	12	been	be	AUX
ftr-463	1267	13	an	an	DET
ftr-463	1267	14	afterthought	afterthought	NOUN
ftr-463	1267	15	for	for	ADP
ftr-463	1267	16	a	a	DET
ftr-463	1267	17	large	large	ADJ
ftr-463	1267	18	target	target	NOUN
ftr-463	1267	19	shareholder	shareholder	NOUN
ftr-463	1267	20	but	but	CCONJ
ftr-463	1267	21	,	,	PUNCT
ftr-463	1267	22	had	have	VERB
ftr-463	1267	23	the	the	DET
ftr-463	1267	24	decision	decision	NOUN
ftr-463	1267	25	gone	go	VERB
ftr-463	1267	26	the	the	DET
ftr-463	1267	27	other	other	ADJ
ftr-463	1267	28	way	way	NOUN
ftr-463	1267	29	,	,	PUNCT
ftr-463	1267	30	seagram	seagram	PROPN
ftr-463	1267	31	's	's	PART
ftr-463	1267	32	progeny	progeny	NOUN
ftr-463	1267	33	would	would	AUX
ftr-463	1267	34	almost	almost	ADV
ftr-463	1267	35	certainly	certainly	ADV
ftr-463	1267	36	have	have	AUX
ftr-463	1267	37	involved	involve	VERB
ftr-463	1267	38	clever	clever	ADJ
ftr-463	1267	39	prearranged	prearrange	VERB
ftr-463	1267	40	transactions	transaction	NOUN
ftr-463	1267	41	in	in	ADP
ftr-463	1267	42	public	public	ADJ
ftr-463	1267	43	deals	deal	NOUN
ftr-463	1267	44	.	.	PUNCT
ftr-463	1268	1	a	a	DET
ftr-463	1268	2	private	private	ADJ
ftr-463	1268	3	letter	letter	NOUN
ftr-463	1268	4	ruling	ruling	NOUN
ftr-463	1268	5	issued	issue	VERB
ftr-463	1268	6	on	on	ADP
ftr-463	1268	7	the	the	DET
ftr-463	1268	8	basis	basis	NOUN
ftr-463	1268	9	of	of	ADP
ftr-463	1268	10	the	the	DET
ftr-463	1268	11	representations	representation	NOUN
ftr-463	1268	12	required	require	VERB
ftr-463	1268	13	by	by	ADP
ftr-463	1268	14	revenue	revenue	NOUN
ftr-463	1268	15	procedure	procedure	NOUN
ftr-463	1268	16	77	77	NUM
ftr-463	1268	17	-	-	SYM
ftr-463	1268	18	37	37	NUM
ftr-463	1268	19	may	may	AUX
ftr-463	1268	20	also	also	ADV
ftr-463	1268	21	open	open	VERB
ftr-463	1268	22	the	the	DET
ftr-463	1268	23	door	door	NOUN
ftr-463	1268	24	to	to	ADP
ftr-463	1268	25	inconsistent	inconsistent	ADJ
ftr-463	1268	26	treatment	treatment	NOUN
ftr-463	1268	27	.	.	PUNCT
ftr-463	1269	1	so	so	ADV
ftr-463	1269	2	long	long	ADV
ftr-463	1269	3	as	as	SCONJ
ftr-463	1269	4	less	less	ADV
ftr-463	1269	5	-	-	PUNCT
ftr-463	1269	6	than-5	than-5	NUM
ftr-463	1269	7	%	%	NOUN
ftr-463	1269	8	noninsider	noninsider	ADP
ftr-463	1269	9	shareholders	shareholder	NOUN
ftr-463	1269	10	of	of	ADP
ftr-463	1269	11	a	a	DET
ftr-463	1269	12	public	public	ADJ
ftr-463	1269	13	target	target	NOUN
ftr-463	1269	14	own	own	ADJ
ftr-463	1269	15	at	at	ADV
ftr-463	1269	16	least	least	ADV
ftr-463	1269	17	50	50	NUM
ftr-463	1269	18	%	%	NOUN
ftr-463	1269	19	of	of	ADP
ftr-463	1269	20	the	the	DET
ftr-463	1269	21	target	target	NOUN
ftr-463	1269	22	's	's	PART
ftr-463	1269	23	stock	stock	NOUN
ftr-463	1269	24	,	,	PUNCT
ftr-463	1269	25	and	and	CCONJ
ftr-463	1269	26	at	at	ADV
ftr-463	1269	27	least	least	ADJ
ftr-463	1269	28	50	50	NUM
ftr-463	1269	29	%	%	NOUN
ftr-463	1269	30	of	of	ADP
ftr-463	1269	31	the	the	DET
ftr-463	1269	32	consideration	consideration	NOUN
ftr-463	1269	33	in	in	ADP
ftr-463	1269	34	the	the	DET
ftr-463	1269	35	acquisition	acquisition	NOUN
ftr-463	1269	36	consists	consist	VERB
ftr-463	1269	37	of	of	ADP
ftr-463	1269	38	acquiror	acquiror	NOUN
ftr-463	1269	39	stock	stock	NOUN
ftr-463	1269	40	,	,	PUNCT
ftr-463	1269	41	continuity	continuity	NOUN
ftr-463	1269	42	is	be	AUX
ftr-463	1269	43	deemed	deem	VERB
ftr-463	1269	44	met	meet	VERB
ftr-463	1269	45	,	,	PUNCT
ftr-463	1269	46	regardless	regardless	ADV
ftr-463	1269	47	of	of	ADP
ftr-463	1269	48	whether	whether	SCONJ
ftr-463	1269	49	all	all	PRON
ftr-463	1269	50	of	of	ADP
ftr-463	1269	51	the	the	DET
ftr-463	1269	52	target	target	NOUN
ftr-463	1269	53	's	's	PART
ftr-463	1269	54	shares	share	NOUN
ftr-463	1269	55	immediately	immediately	ADV
ftr-463	1269	56	before	before	ADP
ftr-463	1269	57	-	-	PUNCT
ftr-463	1269	58	or	or	CCONJ
ftr-463	1269	59	the	the	DET
ftr-463	1269	60	acquiror	acquiror	NOUN
ftr-463	1269	61	's	's	PART
ftr-463	1269	62	equity	equity	NOUN
ftr-463	1269	63	consideration	consideration	NOUN
ftr-463	1269	64	immediately	immediately	ADV
ftr-463	1269	65	after	after	ADP
ftr-463	1269	66	--	--	PUNCT
ftr-463	1269	67	changes	change	VERB
ftr-463	1269	68	hands	hand	NOUN
ftr-463	1269	69	.	.	PUNCT
ftr-463	1270	1	current	current	ADJ
ftr-463	1270	2	continuity	continuity	NOUN
ftr-463	1270	3	law	law	NOUN
ftr-463	1270	4	suggests	suggest	VERB
ftr-463	1270	5	that	that	SCONJ
ftr-463	1270	6	,	,	PUNCT
ftr-463	1270	7	notwithstanding	notwithstanding	ADP
ftr-463	1270	8	a	a	DET
ftr-463	1270	9	private	private	ADJ
ftr-463	1270	10	ruling	ruling	NOUN
ftr-463	1270	11	recognizing	recognize	VERB
ftr-463	1270	12	reorganization	reorganization	NOUN
ftr-463	1270	13	status	status	NOUN
ftr-463	1270	14	,	,	PUNCT
ftr-463	1270	15	the	the	DET
ftr-463	1270	16	target	target	NOUN
ftr-463	1270	17	or	or	CCONJ
ftr-463	1270	18	target	target	VERB
ftr-463	1270	19	shareholders	shareholder	NOUN
ftr-463	1270	20	with	with	ADP
ftr-463	1270	21	information	information	NOUN
ftr-463	1270	22	about	about	ADP
ftr-463	1270	23	preor	preor	NOUN
ftr-463	1270	24	post	post	ADJ
ftr-463	1270	25	-	-	ADJ
ftr-463	1270	26	acquisition	acquisition	ADJ
ftr-463	1270	27	sales	sale	NOUN
ftr-463	1270	28	could	could	AUX
ftr-463	1270	29	report	report	VERB
ftr-463	1270	30	the	the	DET
ftr-463	1270	31	transaction	transaction	NOUN
ftr-463	1270	32	as	as	ADP
ftr-463	1270	33	taxable	taxable	ADJ
ftr-463	1270	34	,	,	PUNCT
ftr-463	1270	35	without	without	ADP
ftr-463	1270	36	affecting	affect	VERB
ftr-463	1270	37	the	the	DET
ftr-463	1270	38	other	other	ADJ
ftr-463	1270	39	parties	party	NOUN
ftr-463	1270	40	'	'	PART
ftr-463	1270	41	treatment.8	treatment.8	PROPN
ftr-463	1270	42	9	9	NUM
ftr-463	1270	43	this	this	DET
ftr-463	1270	44	abuse	abuse	NOUN
ftr-463	1270	45	potential	potential	NOUN
ftr-463	1270	46	of	of	ADP
ftr-463	1270	47	continuity	continuity	NOUN
ftr-463	1270	48	187	187	NUM
ftr-463	1270	49	.	.	PUNCT
ftr-463	1271	1	reorganization	reorganization	NOUN
ftr-463	1271	2	status	status	NOUN
ftr-463	1271	3	may	may	AUX
ftr-463	1271	4	give	give	VERB
ftr-463	1271	5	rise	rise	NOUN
ftr-463	1271	6	to	to	ADP
ftr-463	1271	7	adverse	adverse	ADJ
ftr-463	1271	8	tax	tax	NOUN
ftr-463	1271	9	consequences	consequence	NOUN
ftr-463	1271	10	that	that	PRON
ftr-463	1271	11	could	could	AUX
ftr-463	1271	12	be	be	AUX
ftr-463	1271	13	avoided	avoid	VERB
ftr-463	1271	14	by	by	ADP
ftr-463	1271	15	qualifying	qualify	VERB
ftr-463	1271	16	the	the	DET
ftr-463	1271	17	transaction	transaction	NOUN
ftr-463	1271	18	under	under	ADP
ftr-463	1271	19	some	some	DET
ftr-463	1271	20	other	other	ADJ
ftr-463	1271	21	nonrecognition	nonrecognition	NOUN
ftr-463	1271	22	provision	provision	NOUN
ftr-463	1271	23	and	and	CCONJ
ftr-463	1271	24	simultaneously	simultaneously	ADV
ftr-463	1271	25	breaking	break	VERB
ftr-463	1271	26	continuity	continuity	NOUN
ftr-463	1271	27	.	.	PUNCT
ftr-463	1272	1	for	for	ADP
ftr-463	1272	2	example	example	NOUN
ftr-463	1272	3	,	,	PUNCT
ftr-463	1272	4	preferred	preferred	ADJ
ftr-463	1272	5	stock	stock	NOUN
ftr-463	1272	6	issued	issue	VERB
ftr-463	1272	7	in	in	ADP
ftr-463	1272	8	a	a	DET
ftr-463	1272	9	b	b	NOUN
ftr-463	1272	10	reorganization	reorganization	NOUN
ftr-463	1272	11	may	may	AUX
ftr-463	1272	12	be	be	AUX
ftr-463	1272	13	§	§	PROPN
ftr-463	1272	14	306	306	NUM
ftr-463	1272	15	stock	stock	NOUN
ftr-463	1272	16	,	,	PUNCT
ftr-463	1272	17	but	but	CCONJ
ftr-463	1272	18	preferred	preferred	ADJ
ftr-463	1272	19	stock	stock	NOUN
ftr-463	1272	20	issued	issue	VERB
ftr-463	1272	21	in	in	ADP
ftr-463	1272	22	a	a	DET
ftr-463	1272	23	§	§	ADJ
ftr-463	1272	24	351	351	NUM
ftr-463	1272	25	transaction	transaction	NOUN
ftr-463	1272	26	is	be	AUX
ftr-463	1272	27	not	not	PART
ftr-463	1272	28	§	§	PROPN
ftr-463	1272	29	306	306	NUM
ftr-463	1272	30	stock	stock	NOUN
ftr-463	1272	31	.	.	PUNCT
ftr-463	1273	1	all	all	DET
ftr-463	1273	2	other	other	ADJ
ftr-463	1273	3	things	thing	NOUN
ftr-463	1273	4	being	be	AUX
ftr-463	1273	5	equal	equal	ADJ
ftr-463	1273	6	,	,	PUNCT
ftr-463	1273	7	taxpayers	taxpayer	NOUN
ftr-463	1273	8	might	might	AUX
ftr-463	1273	9	choose	choose	VERB
ftr-463	1273	10	to	to	PART
ftr-463	1273	11	flunk	flunk	VERB
ftr-463	1273	12	continuity	continuity	NOUN
ftr-463	1273	13	to	to	PART
ftr-463	1273	14	avoid	avoid	VERB
ftr-463	1273	15	§	§	PROPN
ftr-463	1273	16	306	306	NUM
ftr-463	1273	17	.	.	PUNCT
ftr-463	1274	1	see	see	VERB
ftr-463	1274	2	rev	rev	PROPN
ftr-463	1274	3	.	.	PROPN
ftr-463	1274	4	rul	rul	PROPN
ftr-463	1274	5	.	.	PUNCT
ftr-463	1275	1	79	79	NUM
ftr-463	1275	2	-	-	SYM
ftr-463	1275	3	274	274	NUM
ftr-463	1275	4	,	,	PUNCT
ftr-463	1275	5	1979	1979	NUM
ftr-463	1275	6	-	-	SYM
ftr-463	1275	7	2	2	NUM
ftr-463	1275	8	c.b	c.b	PROPN
ftr-463	1275	9	.	.	PROPN
ftr-463	1275	10	131	131	NUM
ftr-463	1275	11	(	(	PUNCT
ftr-463	1275	12	for	for	ADP
ftr-463	1275	13	purposes	purpose	NOUN
ftr-463	1275	14	of	of	ADP
ftr-463	1275	15	§	§	PROPN
ftr-463	1275	16	306	306	NUM
ftr-463	1275	17	,	,	PUNCT
ftr-463	1275	18	§	§	PROPN
ftr-463	1275	19	368(a)(1)(b	368(a)(1)(b	PROPN
ftr-463	1275	20	)	)	PUNCT
ftr-463	1275	21	and	and	CCONJ
ftr-463	1275	22	not	not	PART
ftr-463	1275	23	§	§	PROPN
ftr-463	1275	24	351	351	NUM
ftr-463	1275	25	,	,	PUNCT
ftr-463	1275	26	governs	govern	VERB
ftr-463	1275	27	if	if	SCONJ
ftr-463	1275	28	a	a	DET
ftr-463	1275	29	transaction	transaction	NOUN
ftr-463	1275	30	qualifies	qualify	VERB
ftr-463	1275	31	under	under	ADP
ftr-463	1275	32	both	both	PRON
ftr-463	1275	33	)	)	PUNCT
ftr-463	1275	34	.	.	PUNCT
ftr-463	1276	1	188	188	NUM
ftr-463	1276	2	.	.	PUNCT
ftr-463	1277	1	see	see	VERB
ftr-463	1277	2	supra	supra	PROPN
ftr-463	1277	3	note	note	PROPN
ftr-463	1277	4	101	101	NUM
ftr-463	1277	5	and	and	CCONJ
ftr-463	1277	6	accompanying	accompany	VERB
ftr-463	1277	7	text	text	NOUN
ftr-463	1277	8	.	.	PUNCT
ftr-463	1278	1	189	189	NUM
ftr-463	1278	2	.	.	PUNCT
ftr-463	1279	1	likewise	likewise	ADV
ftr-463	1279	2	,	,	PUNCT
ftr-463	1279	3	for	for	ADP
ftr-463	1279	4	reorganizations	reorganization	NOUN
ftr-463	1279	5	clearly	clearly	ADV
ftr-463	1279	6	busted	bust	VERB
ftr-463	1279	7	under	under	ADP
ftr-463	1279	8	the	the	DET
ftr-463	1279	9	continuity	continuity	NOUN
ftr-463	1279	10	doctrine	doctrine	NOUN
ftr-463	1279	11	,	,	PUNCT
ftr-463	1279	12	but	but	CCONJ
ftr-463	1279	13	which	which	PRON
ftr-463	1279	14	might	might	AUX
ftr-463	1279	15	arguably	arguably	ADV
ftr-463	1279	16	qualify	qualify	VERB
ftr-463	1279	17	for	for	ADP
ftr-463	1279	18	tax	tax	NOUN
ftr-463	1279	19	-	-	PUNCT
ftr-463	1279	20	free	free	ADJ
ftr-463	1279	21	treatment	treatment	NOUN
ftr-463	1279	22	under	under	ADP
ftr-463	1279	23	§	§	PROPN
ftr-463	1279	24	351	351	NUM
ftr-463	1279	25	,	,	PUNCT
ftr-463	1279	26	the	the	DET
ftr-463	1279	27	continuity	continuity	NOUN
ftr-463	1279	28	doctrine	doctrine	NOUN
ftr-463	1279	29	suggests	suggest	VERB
ftr-463	1279	30	additional	additional	ADJ
ftr-463	1279	31	potential	potential	NOUN
ftr-463	1279	32	for	for	ADP
ftr-463	1279	33	inconsistent	inconsistent	ADJ
ftr-463	1279	34	treatment	treatment	NOUN
ftr-463	1279	35	.	.	PUNCT
ftr-463	1280	1	[	[	X
ftr-463	1280	2	vol	vol	NOUN
ftr-463	1280	3	3:5	3:5	NUM
ftr-463	1280	4	19961	19961	NUM
ftr-463	1280	5	devolution	devolution	NOUN
ftr-463	1280	6	&	&	CCONJ
ftr-463	1280	7	hievitable	hievitable	ADJ
ftr-463	1280	8	ertinction	ertinction	NOUN
ftr-463	1280	9	of	of	ADP
ftr-463	1280	10	the	the	DET
ftr-463	1280	11	continuity	continuity	NOUN
ftr-463	1280	12	of	of	ADP
ftr-463	1280	13	interest	interest	NOUN
ftr-463	1280	14	doctrine	doctrine	NOUN
ftr-463	1280	15	243	243	NUM
ftr-463	1280	16	is	be	AUX
ftr-463	1280	17	compounded	compound	VERB
ftr-463	1280	18	if	if	SCONJ
ftr-463	1280	19	the	the	DET
ftr-463	1280	20	representation	representation	NOUN
ftr-463	1280	21	protocol	protocol	NOUN
ftr-463	1280	22	of	of	ADP
ftr-463	1280	23	revenue	revenue	NOUN
ftr-463	1280	24	procedure	procedure	NOUN
ftr-463	1280	25	77	77	NUM
ftr-463	1280	26	-	-	SYM
ftr-463	1280	27	37	37	NUM
ftr-463	1280	28	is	be	AUX
ftr-463	1280	29	a	a	DET
ftr-463	1280	30	safe	safe	ADJ
ftr-463	1280	31	harbor	harbor	NOUN
ftr-463	1280	32	for	for	ADP
ftr-463	1280	33	taxpayers	taxpayer	NOUN
ftr-463	1280	34	,	,	PUNCT
ftr-463	1280	35	even	even	ADV
ftr-463	1280	36	in	in	ADP
ftr-463	1280	37	the	the	DET
ftr-463	1280	38	absence	absence	NOUN
ftr-463	1280	39	of	of	ADP
ftr-463	1280	40	a	a	DET
ftr-463	1280	41	private	private	ADJ
ftr-463	1280	42	letter	letter	NOUN
ftr-463	1280	43	ruling	ruling	NOUN
ftr-463	1280	44	,	,	PUNCT
ftr-463	1280	45	as	as	SCONJ
ftr-463	1280	46	some	some	PRON
ftr-463	1280	47	suggest	suggest	VERB
ftr-463	1280	48	.	.	PUNCT
ftr-463	1281	1	90	90	NUM
ftr-463	1281	2	the	the	DET
ftr-463	1281	3	anti	anti	ADJ
ftr-463	1281	4	-	-	ADJ
ftr-463	1281	5	yoc	yoc	ADJ
ftr-463	1281	6	heating	heating	NOUN
ftr-463	1281	7	regulations	regulation	NOUN
ftr-463	1281	8	,	,	PUNCT
ftr-463	1281	9	by	by	ADP
ftr-463	1281	10	requiring	require	VERB
ftr-463	1281	11	inconsistent	inconsistent	ADJ
ftr-463	1281	12	treatment	treatment	NOUN
ftr-463	1281	13	of	of	ADP
ftr-463	1281	14	the	the	DET
ftr-463	1281	15	corporate	corporate	ADJ
ftr-463	1281	16	parties	party	NOUN
ftr-463	1281	17	,	,	PUNCT
ftr-463	1281	18	on	on	ADP
ftr-463	1281	19	the	the	DET
ftr-463	1281	20	one	one	NUM
ftr-463	1281	21	hand	hand	NOUN
ftr-463	1281	22	,	,	PUNCT
ftr-463	1281	23	and	and	CCONJ
ftr-463	1281	24	the	the	DET
ftr-463	1281	25	target	target	NOUN
ftr-463	1281	26	's	's	PART
ftr-463	1281	27	shareholders	shareholder	NOUN
ftr-463	1281	28	,	,	PUNCT
ftr-463	1281	29	on	on	ADP
ftr-463	1281	30	the	the	DET
ftr-463	1281	31	other	other	ADJ
ftr-463	1281	32	,	,	PUNCT
ftr-463	1281	33	sanction	sanction	NOUN
ftr-463	1281	34	what	what	PRON
ftr-463	1281	35	might	might	AUX
ftr-463	1281	36	be	be	AUX
ftr-463	1281	37	regarded	regard	VERB
ftr-463	1281	38	as	as	ADP
ftr-463	1281	39	a	a	DET
ftr-463	1281	40	similar	similar	ADJ
ftr-463	1281	41	abuse	abuse	NOUN
ftr-463	1281	42	.	.	PUNCT
ftr-463	1282	1	for	for	ADP
ftr-463	1282	2	example	example	NOUN
ftr-463	1282	3	,	,	PUNCT
ftr-463	1282	4	assume	assume	VERB
ftr-463	1282	5	that	that	SCONJ
ftr-463	1282	6	a	a	DET
ftr-463	1282	7	target	target	NOUN
ftr-463	1282	8	's	's	PART
ftr-463	1282	9	basis	basis	NOUN
ftr-463	1282	10	in	in	ADP
ftr-463	1282	11	its	its	PRON
ftr-463	1282	12	assets	asset	NOUN
ftr-463	1282	13	and	and	CCONJ
ftr-463	1282	14	the	the	DET
ftr-463	1282	15	target	target	NOUN
ftr-463	1282	16	shareholders	shareholder	NOUN
ftr-463	1282	17	'	'	PART
ftr-463	1282	18	aggregate	aggregate	ADJ
ftr-463	1282	19	basis	basis	NOUN
ftr-463	1282	20	in	in	ADP
ftr-463	1282	21	their	their	PRON
ftr-463	1282	22	stock	stock	NOUN
ftr-463	1282	23	each	each	PRON
ftr-463	1282	24	exceed	exceed	VERB
ftr-463	1282	25	the	the	DET
ftr-463	1282	26	value	value	NOUN
ftr-463	1282	27	of	of	ADP
ftr-463	1282	28	target	target	NOUN
ftr-463	1282	29	.	.	PUNCT
ftr-463	1283	1	if	if	SCONJ
ftr-463	1283	2	the	the	DET
ftr-463	1283	3	shareholders	shareholder	NOUN
ftr-463	1283	4	sell	sell	VERB
ftr-463	1283	5	80	80	NUM
ftr-463	1283	6	%	%	NOUN
ftr-463	1283	7	of	of	ADP
ftr-463	1283	8	the	the	DET
ftr-463	1283	9	stock	stock	NOUN
ftr-463	1283	10	for	for	ADP
ftr-463	1283	11	cash	cash	NOUN
ftr-463	1283	12	to	to	ADP
ftr-463	1283	13	an	an	DET
ftr-463	1283	14	unrelated	unrelated	ADJ
ftr-463	1283	15	parent	parent	NOUN
ftr-463	1283	16	company	company	NOUN
ftr-463	1283	17	,	,	PUNCT
ftr-463	1283	18	and	and	CCONJ
ftr-463	1283	19	the	the	DET
ftr-463	1283	20	parent	parent	NOUN
ftr-463	1283	21	company	company	NOUN
ftr-463	1283	22	merges	merge	VERB
ftr-463	1283	23	the	the	DET
ftr-463	1283	24	target	target	NOUN
ftr-463	1283	25	into	into	ADP
ftr-463	1283	26	its	its	PRON
ftr-463	1283	27	wholly	wholly	ADV
ftr-463	1283	28	-	-	PUNCT
ftr-463	1283	29	owned	own	VERB
ftr-463	1283	30	subsidiary	subsidiary	NOUN
ftr-463	1283	31	without	without	ADP
ftr-463	1283	32	making	make	VERB
ftr-463	1283	33	a	a	DET
ftr-463	1283	34	section	section	NOUN
ftr-463	1283	35	338	338	NUM
ftr-463	1283	36	election	election	NOUN
ftr-463	1283	37	,	,	PUNCT
ftr-463	1283	38	the	the	DET
ftr-463	1283	39	target	target	NOUN
ftr-463	1283	40	shareholders	shareholder	NOUN
ftr-463	1283	41	recognize	recognize	VERB
ftr-463	1283	42	loss	loss	NOUN
ftr-463	1283	43	on	on	ADP
ftr-463	1283	44	all	all	PRON
ftr-463	1283	45	of	of	ADP
ftr-463	1283	46	their	their	PRON
ftr-463	1283	47	target	target	NOUN
ftr-463	1283	48	stock	stock	NOUN
ftr-463	1283	49	,	,	PUNCT
ftr-463	1283	50	including	include	VERB
ftr-463	1283	51	the	the	DET
ftr-463	1283	52	20	20	NUM
ftr-463	1283	53	%	%	NOUN
ftr-463	1283	54	exchanged	exchange	VERB
ftr-463	1283	55	for	for	ADP
ftr-463	1283	56	stock	stock	NOUN
ftr-463	1283	57	of	of	ADP
ftr-463	1283	58	the	the	DET
ftr-463	1283	59	parent	parent	NOUN
ftr-463	1283	60	,	,	PUNCT
ftr-463	1283	61	while	while	SCONJ
ftr-463	1283	62	the	the	DET
ftr-463	1283	63	parent	parent	NOUN
ftr-463	1283	64	retains	retain	VERB
ftr-463	1283	65	the	the	DET
ftr-463	1283	66	benefit	benefit	NOUN
ftr-463	1283	67	of	of	ADP
ftr-463	1283	68	the	the	DET
ftr-463	1283	69	target	target	NOUN
ftr-463	1283	70	's	's	PART
ftr-463	1283	71	high	high	ADJ
ftr-463	1283	72	asset	asset	NOUN
ftr-463	1283	73	basis	basis	NOUN
ftr-463	1283	74	.	.	PUNCT
ftr-463	1284	1	while	while	SCONJ
ftr-463	1284	2	complexity	complexity	NOUN
ftr-463	1284	3	,	,	PUNCT
ftr-463	1284	4	uncertainty	uncertainty	NOUN
ftr-463	1284	5	,	,	PUNCT
ftr-463	1284	6	and	and	CCONJ
ftr-463	1284	7	inconsistency	inconsistency	NOUN
ftr-463	1284	8	might	might	AUX
ftr-463	1284	9	be	be	AUX
ftr-463	1284	10	regarded	regard	VERB
ftr-463	1284	11	as	as	ADP
ftr-463	1284	12	inevitable	inevitable	ADJ
ftr-463	1284	13	taxpayer	taxpayer	NOUN
ftr-463	1284	14	tools	tool	NOUN
ftr-463	1284	15	in	in	ADP
ftr-463	1284	16	any	any	DET
ftr-463	1284	17	sophisticated	sophisticated	ADJ
ftr-463	1284	18	tax	tax	NOUN
ftr-463	1284	19	system	system	NOUN
ftr-463	1284	20	,	,	PUNCT
ftr-463	1284	21	a	a	DET
ftr-463	1284	22	test	test	NOUN
ftr-463	1284	23	that	that	PRON
ftr-463	1284	24	depends	depend	VERB
ftr-463	1284	25	upon	upon	SCONJ
ftr-463	1284	26	subjective	subjective	ADJ
ftr-463	1284	27	elements	element	NOUN
ftr-463	1284	28	and	and	CCONJ
ftr-463	1284	29	ill	ill	ADV
ftr-463	1284	30	-	-	PUNCT
ftr-463	1284	31	defined	define	VERB
ftr-463	1284	32	rules	rule	NOUN
ftr-463	1284	33	,	,	PUNCT
ftr-463	1284	34	as	as	SCONJ
ftr-463	1284	35	does	do	VERB
ftr-463	1284	36	the	the	DET
ftr-463	1284	37	current	current	ADJ
ftr-463	1284	38	continuity	continuity	NOUN
ftr-463	1284	39	doctrine	doctrine	NOUN
ftr-463	1284	40	,	,	PUNCT
ftr-463	1284	41	is	be	AUX
ftr-463	1284	42	an	an	DET
ftr-463	1284	43	invitation	invitation	NOUN
ftr-463	1284	44	to	to	PART
ftr-463	1284	45	abuse	abuse	VERB
ftr-463	1284	46	.	.	PUNCT
ftr-463	1285	1	2	2	X
ftr-463	1285	2	.	.	X
ftr-463	1285	3	admzinistrability.-the	admzinistrability.-the	DET
ftr-463	1285	4	seagran	seagran	PROPN
ftr-463	1285	5	case	case	NOUN
ftr-463	1285	6	,	,	PUNCT
ftr-463	1285	7	viewed	view	VERB
ftr-463	1285	8	from	from	ADP
ftr-463	1285	9	the	the	DET
ftr-463	1285	10	government	government	NOUN
ftr-463	1285	11	's	's	PART
ftr-463	1285	12	perspective	perspective	NOUN
ftr-463	1285	13	,	,	PUNCT
ftr-463	1285	14	also	also	ADV
ftr-463	1285	15	reveals	reveal	VERB
ftr-463	1285	16	the	the	DET
ftr-463	1285	17	unadministerability	unadministerability	NOUN
ftr-463	1285	18	of	of	ADP
ftr-463	1285	19	a	a	DET
ftr-463	1285	20	doctrine	doctrine	NOUN
ftr-463	1285	21	that	that	PRON
ftr-463	1285	22	depends	depend	VERB
ftr-463	1285	23	on	on	ADP
ftr-463	1285	24	the	the	DET
ftr-463	1285	25	intent	intent	NOUN
ftr-463	1285	26	and	and	CCONJ
ftr-463	1285	27	conduct	conduct	NOUN
ftr-463	1285	28	of	of	ADP
ftr-463	1285	29	the	the	DET
ftr-463	1285	30	acquiror	acquiror	NOUN
ftr-463	1285	31	and	and	CCONJ
ftr-463	1285	32	unrelated	unrelated	ADJ
ftr-463	1285	33	target	target	NOUN
ftr-463	1285	34	shareholders	shareholder	NOUN
ftr-463	1285	35	,	,	PUNCT
ftr-463	1285	36	that	that	PRON
ftr-463	1285	37	does	do	AUX
ftr-463	1285	38	not	not	PART
ftr-463	1285	39	require	require	VERB
ftr-463	1285	40	disclosure	disclosure	NOUN
ftr-463	1285	41	or	or	CCONJ
ftr-463	1285	42	consistent	consistent	ADJ
ftr-463	1285	43	treatment	treatment	NOUN
ftr-463	1285	44	,	,	PUNCT
ftr-463	1285	45	and	and	CCONJ
ftr-463	1285	46	that	that	PRON
ftr-463	1285	47	is	be	AUX
ftr-463	1285	48	vaguely	vaguely	ADV
ftr-463	1285	49	-	-	PUNCT
ftr-463	1285	50	defined	define	VERB
ftr-463	1285	51	by	by	ADP
ftr-463	1285	52	uncertain	uncertain	ADJ
ftr-463	1285	53	criteria	criterion	NOUN
ftr-463	1285	54	.	.	PUNCT
ftr-463	1286	1	if	if	SCONJ
ftr-463	1286	2	seagram	seagram	PROPN
ftr-463	1286	3	had	have	AUX
ftr-463	1286	4	ultimately	ultimately	ADV
ftr-463	1286	5	succeeded	succeed	VERB
ftr-463	1286	6	in	in	ADP
ftr-463	1286	7	its	its	PRON
ftr-463	1286	8	litigation	litigation	NOUN
ftr-463	1286	9	(	(	PUNCT
ftr-463	1286	10	seagram	seagram	PROPN
ftr-463	1286	11	lost	lose	VERB
ftr-463	1286	12	in	in	ADP
ftr-463	1286	13	the	the	DET
ftr-463	1286	14	tax	tax	NOUN
ftr-463	1286	15	court	court	NOUN
ftr-463	1286	16	and	and	CCONJ
ftr-463	1286	17	the	the	DET
ftr-463	1286	18	case	case	NOUN
ftr-463	1286	19	was	be	AUX
ftr-463	1286	20	settled	settle	VERB
ftr-463	1286	21	before	before	ADP
ftr-463	1286	22	a	a	DET
ftr-463	1286	23	decision	decision	NOUN
ftr-463	1286	24	on	on	ADP
ftr-463	1286	25	appeals	appeal	NOUN
ftr-463	1286	26	)	)	PUNCT
ftr-463	1286	27	,	,	PUNCT
ftr-463	1286	28	the	the	DET
ftr-463	1286	29	service	service	NOUN
ftr-463	1286	30	would	would	AUX
ftr-463	1286	31	have	have	AUX
ftr-463	1286	32	faced	face	VERB
ftr-463	1286	33	tremendous	tremendous	ADJ
ftr-463	1286	34	whipsaw	whipsaw	NOUN
ftr-463	1286	35	potential	potential	NOUN
ftr-463	1286	36	from	from	ADP
ftr-463	1286	37	conoco	conoco	PROPN
ftr-463	1286	38	's	's	PART
ftr-463	1286	39	public	public	ADJ
ftr-463	1286	40	shareholders	shareholder	NOUN
ftr-463	1286	41	who	who	PRON
ftr-463	1286	42	are	be	AUX
ftr-463	1286	43	not	not	PART
ftr-463	1286	44	likely	likely	ADJ
ftr-463	1286	45	to	to	PART
ftr-463	1286	46	amend	amend	VERB
ftr-463	1286	47	their	their	PRON
ftr-463	1286	48	returns	return	NOUN
ftr-463	1286	49	to	to	PART
ftr-463	1286	50	report	report	VERB
ftr-463	1286	51	gain	gain	NOUN
ftr-463	1286	52	.	.	PUNCT
ftr-463	1287	1	and	and	CCONJ
ftr-463	1287	2	,	,	PUNCT
ftr-463	1287	3	seagram	seagram	PROPN
ftr-463	1287	4	's	's	PART
ftr-463	1287	5	failure	failure	NOUN
ftr-463	1287	6	in	in	ADP
ftr-463	1287	7	the	the	DET
ftr-463	1287	8	tax	tax	NOUN
ftr-463	1287	9	court	court	NOUN
ftr-463	1287	10	certainly	certainly	ADV
ftr-463	1287	11	does	do	AUX
ftr-463	1287	12	not	not	PART
ftr-463	1287	13	prevent	prevent	VERB
ftr-463	1287	14	the	the	DET
ftr-463	1287	15	conoco	conoco	PROPN
ftr-463	1287	16	shareholders	shareholder	NOUN
ftr-463	1287	17	that	that	PRON
ftr-463	1287	18	realized	realize	VERB
ftr-463	1287	19	losses	loss	NOUN
ftr-463	1287	20	on	on	ADP
ftr-463	1287	21	receipt	receipt	NOUN
ftr-463	1287	22	of	of	ADP
ftr-463	1287	23	dupont	dupont	PROPN
ftr-463	1287	24	stock	stock	NOUN
ftr-463	1287	25	from	from	ADP
ftr-463	1287	26	making	make	VERB
ftr-463	1287	27	similar	similar	ADJ
ftr-463	1287	28	claims	claim	NOUN
ftr-463	1287	29	on	on	ADP
ftr-463	1287	30	their	their	PRON
ftr-463	1287	31	open	open	ADJ
ftr-463	1287	32	tax	tax	NOUN
ftr-463	1287	33	returns	return	NOUN
ftr-463	1287	34	(	(	PUNCT
ftr-463	1287	35	especially	especially	ADV
ftr-463	1287	36	now	now	ADV
ftr-463	1287	37	that	that	SCONJ
ftr-463	1287	38	the	the	DET
ftr-463	1287	39	case	case	NOUN
ftr-463	1287	40	will	will	AUX
ftr-463	1287	41	not	not	PART
ftr-463	1287	42	win	win	VERB
ftr-463	1287	43	appellate	appellate	ADJ
ftr-463	1287	44	level	level	NOUN
ftr-463	1287	45	imprimatur	imprimatur	NOUN
ftr-463	1287	46	)	)	PUNCT
ftr-463	1287	47	.	.	PUNCT
ftr-463	1288	1	the	the	DET
ftr-463	1288	2	code	code	NOUN
ftr-463	1288	3	could	could	AUX
ftr-463	1288	4	be	be	AUX
ftr-463	1288	5	amended	amend	VERB
ftr-463	1288	6	to	to	PART
ftr-463	1288	7	provide	provide	VERB
ftr-463	1288	8	for	for	ADP
ftr-463	1288	9	disclosure	disclosure	NOUN
ftr-463	1288	10	and	and	CCONJ
ftr-463	1288	11	universal	universal	ADJ
ftr-463	1288	12	characterization	characterization	NOUN
ftr-463	1288	13	of	of	ADP
ftr-463	1288	14	reorganization	reorganization	NOUN
ftr-463	1288	15	transactions	transaction	NOUN
ftr-463	1288	16	,	,	PUNCT
ftr-463	1288	17	as	as	SCONJ
ftr-463	1288	18	it	it	PRON
ftr-463	1288	19	does	do	AUX
ftr-463	1288	20	in	in	ADP
ftr-463	1288	21	other	other	ADJ
ftr-463	1288	22	contexts	contexts	NOUN
ftr-463	1288	23	,	,	PUNCT
ftr-463	1288	24	'	'	PUNCT
ftr-463	1288	25	9	9	NUM
ftr-463	1288	26	'	'	PUNCT
ftr-463	1288	27	or	or	CCONJ
ftr-463	1288	28	to	to	PART
ftr-463	1288	29	provide	provide	VERB
ftr-463	1288	30	for	for	ADP
ftr-463	1288	31	unified	unified	ADJ
ftr-463	1288	32	audit	audit	NOUN
ftr-463	1288	33	procedures,192	procedures,192	NOUN
ftr-463	1288	34	but	but	CCONJ
ftr-463	1288	35	the	the	DET
ftr-463	1288	36	system	system	NOUN
ftr-463	1288	37	is	be	AUX
ftr-463	1288	38	unequipped	unequipped	ADJ
ftr-463	1288	39	for	for	ADP
ftr-463	1288	40	the	the	DET
ftr-463	1288	41	continuity	continuity	NOUN
ftr-463	1288	42	doctrine	doctrine	NOUN
ftr-463	1288	43	in	in	ADP
ftr-463	1288	44	all	all	PRON
ftr-463	1288	45	of	of	ADP
ftr-463	1288	46	its	its	PRON
ftr-463	1288	47	present	present	ADJ
ftr-463	1288	48	glory	glory	NOUN
ftr-463	1288	49	.	.	PUNCT
ftr-463	1289	1	3	3	X
ftr-463	1289	2	.	.	X
ftr-463	1289	3	economic	economic	ADJ
ftr-463	1289	4	efficiency.-the	efficiency.-the	ADJ
ftr-463	1289	5	current	current	ADJ
ftr-463	1289	6	continuity	continuity	NOUN
ftr-463	1289	7	rule	rule	NOUN
ftr-463	1289	8	creates	create	VERB
ftr-463	1289	9	basic	basic	ADJ
ftr-463	1289	10	economic	economic	ADJ
ftr-463	1289	11	inefficiencies	inefficiency	NOUN
ftr-463	1289	12	.	.	PUNCT
ftr-463	1290	1	first	first	ADV
ftr-463	1290	2	,	,	PUNCT
ftr-463	1290	3	because	because	SCONJ
ftr-463	1290	4	under	under	ADP
ftr-463	1290	5	revenue	revenue	NOUN
ftr-463	1290	6	procedure	procedure	NOUN
ftr-463	1290	7	77	77	NUM
ftr-463	1290	8	-	-	SYM
ftr-463	1290	9	37	37	NUM
ftr-463	1290	10	only	only	ADV
ftr-463	1290	11	5	5	NUM
ftr-463	1290	12	%	%	NOUN
ftr-463	1290	13	or	or	CCONJ
ftr-463	1290	14	greater	great	ADJ
ftr-463	1290	15	shareholders	shareholder	NOUN
ftr-463	1290	16	of	of	ADP
ftr-463	1290	17	a	a	DET
ftr-463	1290	18	public	public	ADJ
ftr-463	1290	19	target	target	NOUN
ftr-463	1290	20	can	can	AUX
ftr-463	1290	21	adversely	adversely	ADV
ftr-463	1290	22	affect	affect	VERB
ftr-463	1290	23	continuity	continuity	NOUN
ftr-463	1290	24	,	,	PUNCT
ftr-463	1290	25	190	190	NUM
ftr-463	1290	26	.	.	PUNCT
ftr-463	1291	1	ginsburg	ginsburg	PROPN
ftr-463	1291	2	&	&	CCONJ
ftr-463	1291	3	levin	levin	PROPN
ftr-463	1291	4	,	,	PUNCT
ftr-463	1291	5	supra	supra	PROPN
ftr-463	1291	6	note	note	PROPN
ftr-463	1291	7	1	1	NUM
ftr-463	1291	8	,	,	PUNCT
ftr-463	1291	9	§	§	PROPN
ftr-463	1291	10	610.10	610.10	NUM
ftr-463	1291	11	at	at	ADP
ftr-463	1291	12	629	629	NUM
ftr-463	1291	13	.	.	NOUN
ftr-463	1291	14	191	191	NUM
ftr-463	1291	15	.	.	PUNCT
ftr-463	1292	1	see	see	VERB
ftr-463	1292	2	,	,	PUNCT
ftr-463	1292	3	e.g.	e.g.	ADV
ftr-463	1292	4	,	,	PUNCT
ftr-463	1292	5	irc	irc	PROPN
ftr-463	1292	6	§	§	PROPN
ftr-463	1292	7	385(c	385(c	NUM
ftr-463	1292	8	)	)	PUNCT
ftr-463	1292	9	(	(	PUNCT
ftr-463	1292	10	issuer	issuer	NOUN
ftr-463	1292	11	's	's	PART
ftr-463	1292	12	characterization	characterization	NOUN
ftr-463	1292	13	of	of	ADP
ftr-463	1292	14	instrument	instrument	NOUN
ftr-463	1292	15	as	as	ADP
ftr-463	1292	16	equity	equity	NOUN
ftr-463	1292	17	or	or	CCONJ
ftr-463	1292	18	debt	debt	NOUN
ftr-463	1292	19	is	be	AUX
ftr-463	1292	20	binding	bind	VERB
ftr-463	1292	21	on	on	ADP
ftr-463	1292	22	holders	holder	NOUN
ftr-463	1292	23	unless	unless	SCONJ
ftr-463	1292	24	contrary	contrary	ADJ
ftr-463	1292	25	position	position	NOUN
ftr-463	1292	26	is	be	AUX
ftr-463	1292	27	disclosed	disclose	VERB
ftr-463	1292	28	)	)	PUNCT
ftr-463	1292	29	.	.	PUNCT
ftr-463	1293	1	192	192	NUM
ftr-463	1293	2	.	.	PUNCT
ftr-463	1294	1	see	see	VERB
ftr-463	1294	2	,	,	PUNCT
ftr-463	1294	3	e.g.	e.g.	ADV
ftr-463	1294	4	,	,	PUNCT
ftr-463	1294	5	irc	irc	PROPN
ftr-463	1294	6	§	§	PROPN
ftr-463	1294	7	§	§	PROPN
ftr-463	1294	8	6221	6221	NUM
ftr-463	1294	9	-	-	SYM
ftr-463	1294	10	6233	6233	NUM
ftr-463	1294	11	(	(	PUNCT
ftr-463	1294	12	unified	unified	ADJ
ftr-463	1294	13	audit	audit	NOUN
ftr-463	1294	14	procedures	procedure	NOUN
ftr-463	1294	15	for	for	ADP
ftr-463	1294	16	partnerships	partnership	NOUN
ftr-463	1294	17	)	)	PUNCT
ftr-463	1294	18	.	.	PUNCT
ftr-463	1295	1	florida	florida	PROPN
ftr-463	1295	2	tax	tax	PROPN
ftr-463	1295	3	review	review	NOUN
ftr-463	1295	4	the	the	DET
ftr-463	1295	5	doctrine	doctrine	NOUN
ftr-463	1295	6	places	place	VERB
ftr-463	1295	7	a	a	DET
ftr-463	1295	8	premium	premium	NOUN
ftr-463	1295	9	on	on	ADP
ftr-463	1295	10	their	their	PRON
ftr-463	1295	11	actions	action	NOUN
ftr-463	1295	12	.	.	PUNCT
ftr-463	1296	1	this	this	DET
ftr-463	1296	2	premium	premium	NOUN
ftr-463	1296	3	may	may	AUX
ftr-463	1296	4	be	be	AUX
ftr-463	1296	5	magnified	magnify	VERB
ftr-463	1296	6	if	if	SCONJ
ftr-463	1296	7	some	some	DET
ftr-463	1296	8	5	5	NUM
ftr-463	1296	9	%	%	NOUN
ftr-463	1296	10	shareholders	shareholder	NOUN
ftr-463	1296	11	are	be	AUX
ftr-463	1296	12	unable	unable	ADJ
ftr-463	1296	13	(	(	PUNCT
ftr-463	1296	14	or	or	CCONJ
ftr-463	1296	15	unwilling	unwilling	ADJ
ftr-463	1296	16	)	)	PUNCT
ftr-463	1296	17	to	to	PART
ftr-463	1296	18	indicate	indicate	VERB
ftr-463	1296	19	their	their	PRON
ftr-463	1296	20	intent	intent	NOUN
ftr-463	1296	21	with	with	ADP
ftr-463	1296	22	respect	respect	NOUN
ftr-463	1296	23	to	to	ADP
ftr-463	1296	24	the	the	DET
ftr-463	1296	25	acquiror	acquiror	NOUN
ftr-463	1296	26	stock	stock	NOUN
ftr-463	1296	27	they	they	PRON
ftr-463	1296	28	will	will	AUX
ftr-463	1296	29	receive	receive	VERB
ftr-463	1296	30	.	.	PUNCT
ftr-463	1297	1	(	(	PUNCT
ftr-463	1297	2	for	for	ADP
ftr-463	1297	3	example	example	NOUN
ftr-463	1297	4	,	,	PUNCT
ftr-463	1297	5	mutual	mutual	ADJ
ftr-463	1297	6	funds	fund	NOUN
ftr-463	1297	7	routinely	routinely	ADV
ftr-463	1297	8	decline	decline	VERB
ftr-463	1297	9	to	to	PART
ftr-463	1297	10	represent	represent	VERB
ftr-463	1297	11	that	that	SCONJ
ftr-463	1297	12	they	they	PRON
ftr-463	1297	13	have	have	VERB
ftr-463	1297	14	no	no	DET
ftr-463	1297	15	plan	plan	NOUN
ftr-463	1297	16	or	or	CCONJ
ftr-463	1297	17	intention	intention	NOUN
ftr-463	1297	18	to	to	PART
ftr-463	1297	19	sell	sell	VERB
ftr-463	1297	20	acquiror	acquiror	NOUN
ftr-463	1297	21	stock	stock	NOUN
ftr-463	1297	22	.	.	PUNCT
ftr-463	1297	23	)	)	PUNCT
ftr-463	1298	1	193	193	NUM
ftr-463	1298	2	this	this	DET
ftr-463	1298	3	artificial	artificial	ADJ
ftr-463	1298	4	premium	premium	NOUN
ftr-463	1298	5	generated	generate	VERB
ftr-463	1298	6	by	by	ADP
ftr-463	1298	7	the	the	DET
ftr-463	1298	8	tax	tax	NOUN
ftr-463	1298	9	law	law	NOUN
ftr-463	1298	10	is	be	AUX
ftr-463	1298	11	inefficient	inefficient	ADJ
ftr-463	1298	12	because	because	SCONJ
ftr-463	1298	13	one	one	NUM
ftr-463	1298	14	historic	historic	ADJ
ftr-463	1298	15	5	5	NUM
ftr-463	1298	16	%	%	NOUN
ftr-463	1298	17	shareholder	shareholder	NOUN
ftr-463	1298	18	,	,	PUNCT
ftr-463	1298	19	by	by	ADP
ftr-463	1298	20	declining	decline	VERB
ftr-463	1298	21	to	to	PART
ftr-463	1298	22	give	give	VERB
ftr-463	1298	23	the	the	DET
ftr-463	1298	24	necessary	necessary	ADJ
ftr-463	1298	25	representation	representation	NOUN
ftr-463	1298	26	or	or	CCONJ
ftr-463	1298	27	threatening	threaten	VERB
ftr-463	1298	28	to	to	PART
ftr-463	1298	29	dispose	dispose	VERB
ftr-463	1298	30	of	of	ADP
ftr-463	1298	31	acquiror	acquiror	NOUN
ftr-463	1298	32	shares	share	NOUN
ftr-463	1298	33	immediately	immediately	ADV
ftr-463	1298	34	after	after	ADP
ftr-463	1298	35	receipt	receipt	NOUN
ftr-463	1298	36	,	,	PUNCT
ftr-463	1298	37	can	can	AUX
ftr-463	1298	38	potentially	potentially	ADV
ftr-463	1298	39	stall	stall	VERB
ftr-463	1298	40	an	an	DET
ftr-463	1298	41	acquisition	acquisition	NOUN
ftr-463	1298	42	that	that	PRON
ftr-463	1298	43	would	would	AUX
ftr-463	1298	44	increase	increase	VERB
ftr-463	1298	45	value	value	NOUN
ftr-463	1298	46	for	for	ADP
ftr-463	1298	47	all	all	DET
ftr-463	1298	48	target	target	NOUN
ftr-463	1298	49	shareholders	shareholder	NOUN
ftr-463	1298	50	.	.	PUNCT
ftr-463	1299	1	second	second	ADJ
ftr-463	1299	2	,	,	PUNCT
ftr-463	1299	3	the	the	DET
ftr-463	1299	4	continuity	continuity	NOUN
ftr-463	1299	5	representation	representation	NOUN
ftr-463	1299	6	of	of	ADP
ftr-463	1299	7	revenue	revenue	NOUN
ftr-463	1299	8	procedure	procedure	NOUN
ftr-463	1299	9	77	77	NUM
ftr-463	1299	10	-	-	SYM
ftr-463	1299	11	37	37	NUM
ftr-463	1299	12	,	,	PUNCT
ftr-463	1299	13	by	by	ADP
ftr-463	1299	14	deeming	deem	VERB
ftr-463	1299	15	all	all	PRON
ftr-463	1299	16	less	less	ADJ
ftr-463	1299	17	-	-	PUNCT
ftr-463	1299	18	than-5	than-5	NUM
ftr-463	1299	19	%	%	NOUN
ftr-463	1299	20	shareholders	shareholder	NOUN
ftr-463	1299	21	of	of	ADP
ftr-463	1299	22	a	a	DET
ftr-463	1299	23	public	public	ADJ
ftr-463	1299	24	target	target	NOUN
ftr-463	1299	25	to	to	PART
ftr-463	1299	26	be	be	AUX
ftr-463	1299	27	historic	historic	ADJ
ftr-463	1299	28	holders	holder	NOUN
ftr-463	1299	29	of	of	ADP
ftr-463	1299	30	target	target	NOUN
ftr-463	1299	31	stock	stock	NOUN
ftr-463	1299	32	and	and	CCONJ
ftr-463	1299	33	long	long	ADJ
ftr-463	1299	34	-	-	PUNCT
ftr-463	1299	35	term	term	NOUN
ftr-463	1299	36	holders	holder	NOUN
ftr-463	1299	37	of	of	ADP
ftr-463	1299	38	acquiror	acquiror	NOUN
ftr-463	1299	39	stock	stock	NOUN
ftr-463	1299	40	,	,	PUNCT
ftr-463	1299	41	regardless	regardless	ADV
ftr-463	1299	42	of	of	ADP
ftr-463	1299	43	actual	actual	ADJ
ftr-463	1299	44	conduct	conduct	NOUN
ftr-463	1299	45	,	,	PUNCT
ftr-463	1299	46	permits	permit	VERB
ftr-463	1299	47	these	these	DET
ftr-463	1299	48	shareholders	shareholder	NOUN
ftr-463	1299	49	to	to	PART
ftr-463	1299	50	cash	cash	VERB
ftr-463	1299	51	out	out	ADP
ftr-463	1299	52	.	.	PUNCT
ftr-463	1300	1	by	by	ADP
ftr-463	1300	2	also	also	ADV
ftr-463	1300	3	requiring	require	VERB
ftr-463	1300	4	that	that	SCONJ
ftr-463	1300	5	no	no	DET
ftr-463	1300	6	more	more	ADJ
ftr-463	1300	7	than	than	ADP
ftr-463	1300	8	50	50	NUM
ftr-463	1300	9	%	%	NOUN
ftr-463	1300	10	of	of	ADP
ftr-463	1300	11	acquiror	acquiror	NOUN
ftr-463	1300	12	's	's	PART
ftr-463	1300	13	aggregate	aggregate	ADJ
ftr-463	1300	14	consideration	consideration	NOUN
ftr-463	1300	15	consist	consist	NOUN
ftr-463	1300	16	of	of	ADP
ftr-463	1300	17	nonequity	nonequity	NOUN
ftr-463	1300	18	,	,	PUNCT
ftr-463	1300	19	revenue	revenue	NOUN
ftr-463	1300	20	procedure	procedure	NOUN
ftr-463	1300	21	77	77	NUM
ftr-463	1300	22	-	-	SYM
ftr-463	1300	23	37	37	NUM
ftr-463	1300	24	requires	require	VERB
ftr-463	1300	25	that	that	PRON
ftr-463	1300	26	target	target	VERB
ftr-463	1300	27	shareholders	shareholder	NOUN
ftr-463	1300	28	who	who	PRON
ftr-463	1300	29	cash	cash	VERB
ftr-463	1300	30	out	out	ADP
ftr-463	1300	31	must	must	AUX
ftr-463	1300	32	use	use	VERB
ftr-463	1300	33	their	their	PRON
ftr-463	1300	34	own	own	ADJ
ftr-463	1300	35	brokers	broker	NOUN
ftr-463	1300	36	to	to	PART
ftr-463	1300	37	sell	sell	VERB
ftr-463	1300	38	acquiror	acquiror	NOUN
ftr-463	1300	39	stock	stock	NOUN
ftr-463	1300	40	.	.	PUNCT
ftr-463	1301	1	the	the	DET
ftr-463	1301	2	practical	practical	ADJ
ftr-463	1301	3	effect	effect	NOUN
ftr-463	1301	4	of	of	ADP
ftr-463	1301	5	this	this	DET
ftr-463	1301	6	requirement	requirement	NOUN
ftr-463	1301	7	is	be	AUX
ftr-463	1301	8	simply	simply	ADV
ftr-463	1301	9	an	an	DET
ftr-463	1301	10	added	add	VERB
ftr-463	1301	11	cost	cost	NOUN
ftr-463	1301	12	for	for	ADP
ftr-463	1301	13	these	these	DET
ftr-463	1301	14	target	target	NOUN
ftr-463	1301	15	shareholders	shareholder	NOUN
ftr-463	1301	16	:	:	PUNCT
ftr-463	1301	17	their	their	PRON
ftr-463	1301	18	broker	broker	NOUN
ftr-463	1301	19	's	's	PART
ftr-463	1301	20	commission	commission	NOUN
ftr-463	1301	21	.	.	PUNCT
ftr-463	1302	1	finally	finally	ADV
ftr-463	1302	2	,	,	PUNCT
ftr-463	1302	3	by	by	ADP
ftr-463	1302	4	virtue	virtue	NOUN
ftr-463	1302	5	of	of	ADP
ftr-463	1302	6	the	the	DET
ftr-463	1302	7	favorable	favorable	ADJ
ftr-463	1302	8	representation	representation	NOUN
ftr-463	1302	9	for	for	ADP
ftr-463	1302	10	public	public	ADJ
ftr-463	1302	11	targets	target	NOUN
ftr-463	1302	12	-	-	PUNCT
ftr-463	1302	13	all	all	DET
ftr-463	1302	14	less	less	ADJ
ftr-463	1302	15	-	-	PUNCT
ftr-463	1302	16	than-5	than-5	NUM
ftr-463	1302	17	%	%	NOUN
ftr-463	1302	18	(	(	PUNCT
ftr-463	1302	19	as	as	SCONJ
ftr-463	1302	20	opposed	oppose	VERB
ftr-463	1302	21	to	to	ADP
ftr-463	1302	22	1	1	NUM
ftr-463	1302	23	%	%	NOUN
ftr-463	1302	24	)	)	PUNCT
ftr-463	1302	25	noninsider	noninsider	ADP
ftr-463	1302	26	target	target	NOUN
ftr-463	1302	27	shareholders	shareholder	NOUN
ftr-463	1302	28	are	be	AUX
ftr-463	1302	29	counted	count	VERB
ftr-463	1302	30	as	as	ADV
ftr-463	1302	31	good	good	ADJ
ftr-463	1302	32	for	for	ADP
ftr-463	1302	33	continuity	continuity	NOUN
ftr-463	1302	34	purposes	purpose	NOUN
ftr-463	1302	35	-	-	PUNCT
ftr-463	1302	36	the	the	DET
ftr-463	1302	37	tax	tax	NOUN
ftr-463	1302	38	law	law	NOUN
ftr-463	1302	39	encourages	encourage	VERB
ftr-463	1302	40	acquisitions	acquisition	NOUN
ftr-463	1302	41	of	of	ADP
ftr-463	1302	42	public	public	NOUN
ftr-463	1302	43	as	as	SCONJ
ftr-463	1302	44	opposed	oppose	VERB
ftr-463	1302	45	to	to	ADP
ftr-463	1302	46	private	private	ADJ
ftr-463	1302	47	targets	target	NOUN
ftr-463	1302	48	because	because	SCONJ
ftr-463	1302	49	it	it	PRON
ftr-463	1302	50	is	be	AUX
ftr-463	1302	51	generally	generally	ADV
ftr-463	1302	52	easier	easy	ADJ
ftr-463	1302	53	to	to	PART
ftr-463	1302	54	be	be	AUX
ftr-463	1302	55	assured	assure	VERB
ftr-463	1302	56	of	of	ADP
ftr-463	1302	57	tax	tax	NOUN
ftr-463	1302	58	-	-	PUNCT
ftr-463	1302	59	free	free	ADJ
ftr-463	1302	60	treatment	treatment	NOUN
ftr-463	1302	61	.	.	PUNCT
ftr-463	1303	1	none	none	NOUN
ftr-463	1303	2	of	of	ADP
ftr-463	1303	3	these	these	DET
ftr-463	1303	4	inefficiencies	inefficiency	NOUN
ftr-463	1303	5	is	be	AUX
ftr-463	1303	6	justified	justify	VERB
ftr-463	1303	7	by	by	ADP
ftr-463	1303	8	any	any	DET
ftr-463	1303	9	countervailing	countervailing	ADJ
ftr-463	1303	10	policy	policy	NOUN
ftr-463	1303	11	reason	reason	NOUN
ftr-463	1303	12	,	,	PUNCT
ftr-463	1303	13	and	and	CCONJ
ftr-463	1303	14	each	each	PRON
ftr-463	1303	15	of	of	ADP
ftr-463	1303	16	them	they	PRON
ftr-463	1303	17	could	could	AUX
ftr-463	1303	18	be	be	AUX
ftr-463	1303	19	reduced	reduce	VERB
ftr-463	1303	20	or	or	CCONJ
ftr-463	1303	21	eliminated	eliminate	VERB
ftr-463	1303	22	by	by	ADP
ftr-463	1303	23	a	a	DET
ftr-463	1303	24	lower	low	ADJ
ftr-463	1303	25	continuity	continuity	NOUN
ftr-463	1303	26	threshold	threshold	NOUN
ftr-463	1303	27	.	.	PUNCT
ftr-463	1304	1	4	4	X
ftr-463	1304	2	.	.	X
ftr-463	1304	3	fairness.-fairness	fairness.-fairnes	NOUN
ftr-463	1304	4	concerns	concern	NOUN
ftr-463	1304	5	are	be	AUX
ftr-463	1304	6	always	always	ADV
ftr-463	1304	7	raised	raise	VERB
ftr-463	1304	8	when	when	SCONJ
ftr-463	1304	9	an	an	DET
ftr-463	1304	10	acquiror	acquiror	NOUN
ftr-463	1304	11	's	's	PART
ftr-463	1304	12	post	post	ADJ
ftr-463	1304	13	-	-	ADJ
ftr-463	1304	14	reorganization	reorganization	ADJ
ftr-463	1304	15	use	use	NOUN
ftr-463	1304	16	of	of	ADP
ftr-463	1304	17	target	target	NOUN
ftr-463	1304	18	assets	asset	NOUN
ftr-463	1304	19	or	or	CCONJ
ftr-463	1304	20	the	the	DET
ftr-463	1304	21	actions	action	NOUN
ftr-463	1304	22	of	of	ADP
ftr-463	1304	23	a	a	DET
ftr-463	1304	24	majority	majority	NOUN
ftr-463	1304	25	of	of	ADP
ftr-463	1304	26	the	the	DET
ftr-463	1304	27	target	target	NOUN
ftr-463	1304	28	shareholders	shareholder	NOUN
ftr-463	1304	29	has	have	VERB
ftr-463	1304	30	the	the	DET
ftr-463	1304	31	potential	potential	NOUN
ftr-463	1304	32	to	to	PART
ftr-463	1304	33	affect	affect	VERB
ftr-463	1304	34	minority	minority	NOUN
ftr-463	1304	35	target	target	NOUN
ftr-463	1304	36	shareholders	shareholder	NOUN
ftr-463	1304	37	.	.	PUNCT
ftr-463	1305	1	these	these	DET
ftr-463	1305	2	concerns	concern	NOUN
ftr-463	1305	3	are	be	AUX
ftr-463	1305	4	also	also	ADV
ftr-463	1305	5	raised	raise	VERB
ftr-463	1305	6	under	under	ADP
ftr-463	1305	7	the	the	DET
ftr-463	1305	8	anti	anti	ADJ
ftr-463	1305	9	-	-	ADJ
ftr-463	1305	10	yoc	yoc	ADJ
ftr-463	1305	11	heating	heating	NOUN
ftr-463	1305	12	regulations	regulation	NOUN
ftr-463	1305	13	,	,	PUNCT
ftr-463	1305	14	which	which	PRON
ftr-463	1305	15	tax	tax	VERB
ftr-463	1305	16	only	only	ADV
ftr-463	1305	17	minority	minority	NOUN
ftr-463	1305	18	shareholders	shareholder	NOUN
ftr-463	1305	19	on	on	ADP
ftr-463	1305	20	a	a	DET
ftr-463	1305	21	qualified	qualified	ADJ
ftr-463	1305	22	stock	stock	NOUN
ftr-463	1305	23	purchase	purchase	NOUN
ftr-463	1305	24	-	-	PUNCT
ftr-463	1305	25	merger	merger	NOUN
ftr-463	1305	26	transaction	transaction	NOUN
ftr-463	1305	27	.	.	PUNCT
ftr-463	1306	1	as	as	SCONJ
ftr-463	1306	2	mentioned	mention	VERB
ftr-463	1306	3	earlier	early	ADV
ftr-463	1306	4	,	,	PUNCT
ftr-463	1306	5	these	these	DET
ftr-463	1306	6	fairness	fairness	NOUN
ftr-463	1306	7	issues	issue	NOUN
ftr-463	1306	8	present	present	VERB
ftr-463	1306	9	interesting	interesting	ADJ
ftr-463	1306	10	questions	question	NOUN
ftr-463	1306	11	under	under	ADP
ftr-463	1306	12	state	state	NOUN
ftr-463	1306	13	law	law	NOUN
ftr-463	1306	14	.	.	PUNCT
ftr-463	1307	1	5	5	X
ftr-463	1307	2	.	.	X
ftr-463	1307	3	uncertainty.-it	uncertainty.-it	PROPN
ftr-463	1307	4	is	be	AUX
ftr-463	1307	5	unclear	unclear	ADJ
ftr-463	1307	6	what	what	DET
ftr-463	1307	7	percentage	percentage	NOUN
ftr-463	1307	8	of	of	ADP
ftr-463	1307	9	the	the	DET
ftr-463	1307	10	acquiror	acquiror	NOUN
ftr-463	1307	11	's	's	PART
ftr-463	1307	12	consideration	consideration	NOUN
ftr-463	1307	13	must	must	AUX
ftr-463	1307	14	consist	consist	VERB
ftr-463	1307	15	of	of	ADP
ftr-463	1307	16	stock	stock	NOUN
ftr-463	1307	17	in	in	ADP
ftr-463	1307	18	order	order	NOUN
ftr-463	1307	19	to	to	PART
ftr-463	1307	20	satisfy	satisfy	VERB
ftr-463	1307	21	the	the	DET
ftr-463	1307	22	continuity	continuity	NOUN
ftr-463	1307	23	of	of	ADP
ftr-463	1307	24	interest	interest	NOUN
ftr-463	1307	25	test	test	NOUN
ftr-463	1307	26	.	.	PUNCT
ftr-463	1308	1	revenue	revenue	NOUN
ftr-463	1308	2	procedure	procedure	NOUN
ftr-463	1308	3	77	77	NUM
ftr-463	1308	4	-	-	SYM
ftr-463	1308	5	37	37	NUM
ftr-463	1308	6	provides	provide	VERB
ftr-463	1308	7	that	that	SCONJ
ftr-463	1308	8	a	a	DET
ftr-463	1308	9	favorable	favorable	ADJ
ftr-463	1308	10	private	private	ADJ
ftr-463	1308	11	letter	letter	NOUN
ftr-463	1308	12	ruling	ruling	NOUN
ftr-463	1308	13	will	will	AUX
ftr-463	1308	14	be	be	AUX
ftr-463	1308	15	issued	issue	VERB
ftr-463	1308	16	only	only	ADV
ftr-463	1308	17	if	if	SCONJ
ftr-463	1308	18	the	the	DET
ftr-463	1308	19	historic	historic	ADJ
ftr-463	1308	20	target	target	NOUN
ftr-463	1308	21	shareholders	shareholder	NOUN
ftr-463	1308	22	,	,	PUNCT
ftr-463	1308	23	as	as	ADP
ftr-463	1308	24	a	a	DET
ftr-463	1308	25	group	group	NOUN
ftr-463	1308	26	,	,	PUNCT
ftr-463	1308	27	exchange	exchange	NOUN
ftr-463	1308	28	at	at	ADV
ftr-463	1308	29	least	least	ADV
ftr-463	1308	30	50	50	NUM
ftr-463	1308	31	%	%	NOUN
ftr-463	1308	32	by	by	ADP
ftr-463	1308	33	value	value	NOUN
ftr-463	1308	34	of	of	ADP
ftr-463	1308	35	the	the	DET
ftr-463	1308	36	total	total	ADJ
ftr-463	1308	37	outstanding	outstanding	ADJ
ftr-463	1308	38	target	target	NOUN
ftr-463	1308	39	stock	stock	NOUN
ftr-463	1308	40	for	for	ADP
ftr-463	1308	41	193	193	NUM
ftr-463	1308	42	.	.	PUNCT
ftr-463	1309	1	see	see	VERB
ftr-463	1309	2	ginsburg	ginsburg	PROPN
ftr-463	1309	3	&	&	CCONJ
ftr-463	1309	4	levin	levin	PROPN
ftr-463	1309	5	,	,	PUNCT
ftr-463	1309	6	supra	supra	PROPN
ftr-463	1309	7	note	note	PROPN
ftr-463	1309	8	1	1	NUM
ftr-463	1309	9	,	,	PUNCT
ftr-463	1309	10	§	§	PROPN
ftr-463	1309	11	610.10	610.10	NUM
ftr-463	1309	12	at	at	ADP
ftr-463	1309	13	630	630	NUM
ftr-463	1309	14	.	.	PUNCT
ftr-463	1310	1	[	[	X
ftr-463	1310	2	vol	vol	NOUN
ftr-463	1310	3	3:5	3:5	NUM
ftr-463	1310	4	1996	1996	NUM
ftr-463	1310	5	)	)	PUNCT
ftr-463	1310	6	devolution	devolution	NOUN
ftr-463	1310	7	&	&	CCONJ
ftr-463	1310	8	inevitable	inevitable	ADJ
ftr-463	1310	9	ertinction	ertinction	NOUN
ftr-463	1310	10	of	of	ADP
ftr-463	1310	11	the	the	DET
ftr-463	1310	12	continuity	continuity	NOUN
ftr-463	1310	13	of	of	ADP
ftr-463	1310	14	interest	interest	NOUN
ftr-463	1310	15	doctrine	doctrine	NOUN
ftr-463	1310	16	245	245	NUM
ftr-463	1310	17	acquiror	acquiror	NOUN
ftr-463	1310	18	stock	stock	NOUN
ftr-463	1310	19	.	.	PUNCT
ftr-463	1311	1	in	in	ADP
ftr-463	1311	2	john	john	PROPN
ftr-463	1311	3	a.	a.	PROPN
ftr-463	1311	4	nelson	nelson	PROPN
ftr-463	1311	5	co.	co.	PROPN
ftr-463	1312	1	v.	v.	ADP
ftr-463	1312	2	helvering	helvere	VERB
ftr-463	1312	3	,	,	PUNCT
ftr-463	1312	4	'	'	PUNCT
ftr-463	1312	5	"	"	PUNCT
ftr-463	1312	6	the	the	DET
ftr-463	1312	7	supreme	supreme	PROPN
ftr-463	1312	8	court	court	PROPN
ftr-463	1312	9	found	find	VERB
ftr-463	1312	10	that	that	SCONJ
ftr-463	1312	11	continuity	continuity	NOUN
ftr-463	1312	12	was	be	AUX
ftr-463	1312	13	satisfied	satisfied	ADJ
ftr-463	1312	14	when	when	SCONJ
ftr-463	1312	15	38	38	NUM
ftr-463	1312	16	%	%	NOUN
ftr-463	1312	17	of	of	ADP
ftr-463	1312	18	the	the	DET
ftr-463	1312	19	target	target	NOUN
ftr-463	1312	20	shareholders	shareholder	NOUN
ftr-463	1312	21	'	'	PART
ftr-463	1312	22	consideration	consideration	NOUN
ftr-463	1312	23	consisted	consist	VERB
ftr-463	1312	24	of	of	ADP
ftr-463	1312	25	stock	stock	NOUN
ftr-463	1312	26	.	.	PUNCT
ftr-463	1313	1	the	the	DET
ftr-463	1313	2	sixth	sixth	ADJ
ftr-463	1313	3	circuit	circuit	NOUN
ftr-463	1313	4	has	have	AUX
ftr-463	1313	5	found	find	VERB
ftr-463	1313	6	continuity	continuity	NOUN
ftr-463	1313	7	to	to	PART
ftr-463	1313	8	be	be	AUX
ftr-463	1313	9	satisfied	satisfied	ADJ
ftr-463	1313	10	when	when	SCONJ
ftr-463	1313	11	only	only	ADV
ftr-463	1313	12	25	25	NUM
ftr-463	1313	13	%	%	NOUN
ftr-463	1313	14	of	of	ADP
ftr-463	1313	15	target	target	NOUN
ftr-463	1313	16	shareholders	shareholder	NOUN
ftr-463	1313	17	'	'	PART
ftr-463	1313	18	consideration	consideration	NOUN
ftr-463	1313	19	consisted	consist	VERB
ftr-463	1313	20	of	of	ADP
ftr-463	1313	21	acquiror	acquiror	NOUN
ftr-463	1313	22	stock.195	stock.195	NOUN
ftr-463	1313	23	on	on	ADP
ftr-463	1313	24	the	the	DET
ftr-463	1313	25	other	other	ADJ
ftr-463	1313	26	hand	hand	NOUN
ftr-463	1313	27	,	,	PUNCT
ftr-463	1313	28	the	the	DET
ftr-463	1313	29	tax	tax	NOUN
ftr-463	1313	30	court	court	NOUN
ftr-463	1313	31	found	find	VERB
ftr-463	1313	32	16	16	NUM
ftr-463	1313	33	%	%	NOUN
ftr-463	1313	34	to	to	PART
ftr-463	1313	35	be	be	AUX
ftr-463	1313	36	inadequate	inadequate	ADJ
ftr-463	1313	37	in	in	ADP
ftr-463	1313	38	kass	kass	PROPN
ftr-463	1313	39	v.	v.	PROPN
ftr-463	1313	40	commissioner	commissioner	PROPN
ftr-463	1313	41	.	.	PUNCT
ftr-463	1313	42	'	'	PUNCT
ftr-463	1314	1	"	"	PUNCT
ftr-463	1314	2	these	these	DET
ftr-463	1314	3	ranges	range	NOUN
ftr-463	1314	4	of	of	ADP
ftr-463	1314	5	acceptability	acceptability	NOUN
ftr-463	1314	6	create	create	VERB
ftr-463	1314	7	uncertainty	uncertainty	NOUN
ftr-463	1314	8	,	,	PUNCT
ftr-463	1314	9	which	which	PRON
ftr-463	1314	10	tends	tend	VERB
ftr-463	1314	11	to	to	PART
ftr-463	1314	12	interfere	interfere	VERB
ftr-463	1314	13	with	with	ADP
ftr-463	1314	14	transactions	transaction	NOUN
ftr-463	1314	15	at	at	ADP
ftr-463	1314	16	the	the	DET
ftr-463	1314	17	fringes	fringe	NOUN
ftr-463	1314	18	and	and	CCONJ
ftr-463	1314	19	otherwise	otherwise	ADV
ftr-463	1314	20	to	to	PART
ftr-463	1314	21	contribute	contribute	VERB
ftr-463	1314	22	to	to	ADP
ftr-463	1314	23	the	the	DET
ftr-463	1314	24	heartburn	heartburn	NOUN
ftr-463	1314	25	of	of	ADP
ftr-463	1314	26	tax	tax	NOUN
ftr-463	1314	27	lawyers	lawyer	NOUN
ftr-463	1314	28	.	.	PUNCT
ftr-463	1315	1	6	6	X
ftr-463	1315	2	.	.	X
ftr-463	1315	3	inconsistent	inconsistent	ADJ
ftr-463	1315	4	and	and	CCONJ
ftr-463	1315	5	anomalous	anomalous	ADJ
ftr-463	1315	6	treatment.-the	treatment.-the	DET
ftr-463	1315	7	existence	existence	NOUN
ftr-463	1315	8	of	of	ADP
ftr-463	1315	9	a	a	DET
ftr-463	1315	10	continuity	continuity	NOUN
ftr-463	1315	11	requirement	requirement	NOUN
ftr-463	1315	12	for	for	ADP
ftr-463	1315	13	some	some	DET
ftr-463	1315	14	nonrecognition	nonrecognition	NOUN
ftr-463	1315	15	transactions	transaction	NOUN
ftr-463	1315	16	but	but	CCONJ
ftr-463	1315	17	not	not	PART
ftr-463	1315	18	others	other	NOUN
ftr-463	1315	19	results	result	NOUN
ftr-463	1315	20	in	in	ADP
ftr-463	1315	21	anomalous	anomalous	ADJ
ftr-463	1315	22	treatment	treatment	NOUN
ftr-463	1315	23	when	when	SCONJ
ftr-463	1315	24	economically	economically	ADV
ftr-463	1315	25	similar	similar	ADJ
ftr-463	1315	26	transactions	transaction	NOUN
ftr-463	1315	27	are	be	AUX
ftr-463	1315	28	characterized	characterize	VERB
ftr-463	1315	29	differently	differently	ADV
ftr-463	1315	30	.	.	PUNCT
ftr-463	1316	1	for	for	ADP
ftr-463	1316	2	example	example	NOUN
ftr-463	1316	3	,	,	PUNCT
ftr-463	1316	4	the	the	DET
ftr-463	1316	5	service	service	NOUN
ftr-463	1316	6	apparently	apparently	ADV
ftr-463	1316	7	maintains	maintain	VERB
ftr-463	1316	8	that	that	SCONJ
ftr-463	1316	9	the	the	DET
ftr-463	1316	10	use	use	NOUN
ftr-463	1316	11	of	of	ADP
ftr-463	1316	12	grandparent	grandparent	ADJ
ftr-463	1316	13	stock	stock	NOUN
ftr-463	1316	14	as	as	ADP
ftr-463	1316	15	consideration	consideration	NOUN
ftr-463	1316	16	for	for	ADP
ftr-463	1316	17	a	a	DET
ftr-463	1316	18	merger	merger	NOUN
ftr-463	1316	19	violates	violate	VERB
ftr-463	1316	20	the	the	DET
ftr-463	1316	21	remote	remote	ADJ
ftr-463	1316	22	continuity	continuity	NOUN
ftr-463	1316	23	doctrine	doctrine	NOUN
ftr-463	1316	24	,	,	PUNCT
ftr-463	1316	25	but	but	CCONJ
ftr-463	1316	26	a	a	DET
ftr-463	1316	27	direct	direct	ADJ
ftr-463	1316	28	acquisition	acquisition	NOUN
ftr-463	1316	29	followed	follow	VERB
ftr-463	1316	30	by	by	ADP
ftr-463	1316	31	a	a	DET
ftr-463	1316	32	double	double	ADJ
ftr-463	1316	33	drop	drop	NOUN
ftr-463	1316	34	-	-	PUNCT
ftr-463	1316	35	down	down	NOUN
ftr-463	1316	36	of	of	ADP
ftr-463	1316	37	the	the	DET
ftr-463	1316	38	target	target	NOUN
ftr-463	1316	39	's	's	PART
ftr-463	1316	40	assets	asset	NOUN
ftr-463	1316	41	to	to	ADP
ftr-463	1316	42	a	a	DET
ftr-463	1316	43	second	second	ADJ
ftr-463	1316	44	-	-	PUNCT
ftr-463	1316	45	tier	tier	NOUN
ftr-463	1316	46	subsidiary	subsidiary	NOUN
ftr-463	1316	47	is	be	AUX
ftr-463	1316	48	tax	tax	NOUN
ftr-463	1316	49	-	-	PUNCT
ftr-463	1316	50	free	free	ADJ
ftr-463	1316	51	.	.	PUNCT
ftr-463	1317	1	',9	',9	VERB
ftr-463	1317	2	second	second	ADJ
ftr-463	1317	3	,	,	PUNCT
ftr-463	1317	4	because	because	SCONJ
ftr-463	1317	5	the	the	DET
ftr-463	1317	6	continuity	continuity	NOUN
ftr-463	1317	7	test	test	NOUN
ftr-463	1317	8	is	be	AUX
ftr-463	1317	9	concerned	concern	VERB
ftr-463	1317	10	only	only	ADV
ftr-463	1317	11	with	with	ADP
ftr-463	1317	12	consideration	consideration	NOUN
ftr-463	1317	13	received	receive	VERB
ftr-463	1317	14	by	by	ADP
ftr-463	1317	15	the	the	DET
ftr-463	1317	16	target	target	NOUN
ftr-463	1317	17	's	's	PART
ftr-463	1317	18	shareholders	shareholder	NOUN
ftr-463	1317	19	,	,	PUNCT
ftr-463	1317	20	a	a	DET
ftr-463	1317	21	"	"	PUNCT
ftr-463	1317	22	cash	cash	NOUN
ftr-463	1317	23	out	out	ADP
ftr-463	1317	24	merger	merger	NOUN
ftr-463	1317	25	"	"	PUNCT
ftr-463	1317	26	of	of	ADP
ftr-463	1317	27	target	target	NOUN
ftr-463	1317	28	into	into	ADP
ftr-463	1317	29	acquiror	acquiror	NOUN
ftr-463	1317	30	fails	fail	VERB
ftr-463	1317	31	continuity	continuity	NOUN
ftr-463	1317	32	,	,	PUNCT
ftr-463	1317	33	but	but	CCONJ
ftr-463	1317	34	the	the	DET
ftr-463	1317	35	transaction	transaction	NOUN
ftr-463	1317	36	can	can	AUX
ftr-463	1317	37	be	be	AUX
ftr-463	1317	38	made	make	VERB
ftr-463	1317	39	tax	tax	NOUN
ftr-463	1317	40	-	-	PUNCT
ftr-463	1317	41	free	free	ADJ
ftr-463	1317	42	by	by	ADP
ftr-463	1317	43	reversing	reverse	VERB
ftr-463	1317	44	the	the	DET
ftr-463	1317	45	parties	party	NOUN
ftr-463	1317	46	.	.	PUNCT
ftr-463	1318	1	"	"	PUNCT
ftr-463	1318	2	'	'	PUNCT
ftr-463	1318	3	third	third	ADJ
ftr-463	1318	4	,	,	PUNCT
ftr-463	1318	5	it	it	PRON
ftr-463	1318	6	is	be	AUX
ftr-463	1318	7	sometimes	sometimes	ADV
ftr-463	1318	8	possible	possible	ADJ
ftr-463	1318	9	to	to	PART
ftr-463	1318	10	use	use	VERB
ftr-463	1318	11	other	other	ADJ
ftr-463	1318	12	nonrecognition	nonrecognition	NOUN
ftr-463	1318	13	provisions	provision	NOUN
ftr-463	1318	14	without	without	ADP
ftr-463	1318	15	a	a	DET
ftr-463	1318	16	continuity	continuity	NOUN
ftr-463	1318	17	requirement	requirement	NOUN
ftr-463	1318	18	-	-	PUNCT
ftr-463	1318	19	such	such	ADJ
ftr-463	1318	20	as	as	ADP
ftr-463	1318	21	section	section	NOUN
ftr-463	1318	22	35	35	NUM
ftr-463	1318	23	1	1	NUM
ftr-463	1318	24	-	-	PUNCT
ftr-463	1318	25	to	to	PART
ftr-463	1318	26	reach	reach	VERB
ftr-463	1318	27	the	the	DET
ftr-463	1318	28	same	same	ADJ
ftr-463	1318	29	results	result	NOUN
ftr-463	1318	30	as	as	ADP
ftr-463	1318	31	a	a	DET
ftr-463	1318	32	reorganization	reorganization	NOUN
ftr-463	1318	33	.	.	PUNCT
ftr-463	1318	34	'	'	PUNCT
ftr-463	1319	1	9	9	NUM
ftr-463	1319	2	finally	finally	ADV
ftr-463	1319	3	,	,	PUNCT
ftr-463	1319	4	nonconvertible	nonconvertible	ADJ
ftr-463	1319	5	,	,	PUNCT
ftr-463	1319	6	nonvoting	nonvoting	ADJ
ftr-463	1319	7	preferred	preferred	ADJ
ftr-463	1319	8	stock	stock	NOUN
ftr-463	1319	9	that	that	PRON
ftr-463	1319	10	is	be	AUX
ftr-463	1319	11	redeemable	redeemable	ADJ
ftr-463	1319	12	at	at	ADP
ftr-463	1319	13	any	any	DET
ftr-463	1319	14	time	time	NOUN
ftr-463	1319	15	and	and	CCONJ
ftr-463	1319	16	mandatorily	mandatorily	NOUN
ftr-463	1319	17	redeemable	redeemable	NOUN
ftr-463	1319	18	if	if	SCONJ
ftr-463	1319	19	earnings	earning	NOUN
ftr-463	1319	20	exceed	exceed	VERB
ftr-463	1319	21	a	a	DET
ftr-463	1319	22	specific	specific	ADJ
ftr-463	1319	23	threshold	threshold	NOUN
ftr-463	1319	24	is	be	AUX
ftr-463	1319	25	considered	consider	VERB
ftr-463	1319	26	a	a	DET
ftr-463	1319	27	sufficient	sufficient	ADJ
ftr-463	1319	28	equity	equity	NOUN
ftr-463	1319	29	stake	stake	NOUN
ftr-463	1319	30	for	for	ADP
ftr-463	1319	31	continuity	continuity	NOUN
ftr-463	1319	32	purposes	purpose	NOUN
ftr-463	1319	33	,	,	PUNCT
ftr-463	1319	34	-	-	PUNCT
ftr-463	1319	35	°	°	NOUN
ftr-463	1319	36	but	but	CCONJ
ftr-463	1319	37	a	a	DET
ftr-463	1319	38	reorganization	reorganization	NOUN
ftr-463	1319	39	is	be	AUX
ftr-463	1319	40	flunked	flunk	VERB
ftr-463	1319	41	on	on	ADP
ftr-463	1319	42	continuity	continuity	NOUN
ftr-463	1319	43	grounds	ground	NOUN
ftr-463	1319	44	if	if	SCONJ
ftr-463	1319	45	the	the	DET
ftr-463	1319	46	acquiror	acquiror	NOUN
ftr-463	1319	47	agrees	agree	VERB
ftr-463	1319	48	to	to	PART
ftr-463	1319	49	assist	assist	VERB
ftr-463	1319	50	the	the	DET
ftr-463	1319	51	target	target	NOUN
ftr-463	1319	52	shareholders	shareholder	NOUN
ftr-463	1319	53	in	in	ADP
ftr-463	1319	54	selling	sell	VERB
ftr-463	1319	55	acquiror	acquiror	NOUN
ftr-463	1319	56	stock	stock	NOUN
ftr-463	1319	57	,	,	PUNCT
ftr-463	1319	58	even	even	ADV
ftr-463	1319	59	if	if	SCONJ
ftr-463	1319	60	the	the	DET
ftr-463	1319	61	shareholders	shareholder	NOUN
ftr-463	1319	62	bear	bear	VERB
ftr-463	1319	63	real	real	ADJ
ftr-463	1319	64	equity	equity	NOUN
ftr-463	1319	65	risk	risk	NOUN
ftr-463	1319	66	for	for	ADP
ftr-463	1319	67	six	six	NUM
ftr-463	1319	68	months.20	months.20	PROPN
ftr-463	1319	69	'	'	PUNCT
ftr-463	1319	70	these	these	DET
ftr-463	1319	71	opportunities	opportunity	NOUN
ftr-463	1319	72	all	all	PRON
ftr-463	1319	73	perpetuate	perpetuate	VERB
ftr-463	1319	74	anomaly	anomaly	NOUN
ftr-463	1319	75	and	and	CCONJ
ftr-463	1319	76	elevate	elevate	VERB
ftr-463	1319	77	form	form	NOUN
ftr-463	1319	78	over	over	ADP
ftr-463	1319	79	substance	substance	NOUN
ftr-463	1319	80	.	.	PUNCT
ftr-463	1320	1	194	194	NUM
ftr-463	1320	2	.	.	PUNCT
ftr-463	1320	3	296	296	NUM
ftr-463	1320	4	u.s	u.s	PROPN
ftr-463	1320	5	.	.	PROPN
ftr-463	1320	6	374	374	NUM
ftr-463	1320	7	(	(	PUNCT
ftr-463	1320	8	1935	1935	NUM
ftr-463	1320	9	)	)	PUNCT
ftr-463	1320	10	.	.	PUNCT
ftr-463	1321	1	195	195	NUM
ftr-463	1321	2	.	.	X
ftr-463	1321	3	miller	miller	PROPN
ftr-463	1321	4	v.	v.	PROPN
ftr-463	1321	5	commissioner	commissioner	PROPN
ftr-463	1321	6	,	,	PUNCT
ftr-463	1321	7	84	84	NUM
ftr-463	1321	8	f.2d	f.2d	SYM
ftr-463	1321	9	415	415	NUM
ftr-463	1321	10	(	(	PUNCT
ftr-463	1321	11	6th	6th	ADJ
ftr-463	1321	12	cir	cir	NOUN
ftr-463	1321	13	.	.	PUNCT
ftr-463	1321	14	1936	1936	NUM
ftr-463	1321	15	)	)	PUNCT
ftr-463	1321	16	.	.	PUNCT
ftr-463	1322	1	196	196	NUM
ftr-463	1322	2	.	.	X
ftr-463	1323	1	60	60	NUM
ftr-463	1323	2	t.c	t.c	PROPN
ftr-463	1323	3	.	.	PROPN
ftr-463	1323	4	218	218	NUM
ftr-463	1323	5	(	(	PUNCT
ftr-463	1323	6	1973	1973	NUM
ftr-463	1323	7	)	)	PUNCT
ftr-463	1323	8	,	,	PUNCT
ftr-463	1323	9	aff'd	aff'd	VERB
ftr-463	1323	10	without	without	ADP
ftr-463	1323	11	opinion	opinion	NOUN
ftr-463	1323	12	,	,	PUNCT
ftr-463	1323	13	491	491	NUM
ftr-463	1323	14	f.2d	f.2d	SYM
ftr-463	1323	15	749	749	NUM
ftr-463	1323	16	(	(	PUNCT
ftr-463	1323	17	3d	3d	PROPN
ftr-463	1323	18	cir	cir	NOUN
ftr-463	1323	19	.	.	PROPN
ftr-463	1323	20	1974j	1974j	NUM
ftr-463	1323	21	.	.	PUNCT
ftr-463	1324	1	197	197	NUM
ftr-463	1324	2	.	.	PUNCT
ftr-463	1325	1	see	see	VERB
ftr-463	1325	2	supra	supra	PROPN
ftr-463	1325	3	note	note	PROPN
ftr-463	1326	1	110	110	NUM
ftr-463	1326	2	.	.	NOUN
ftr-463	1327	1	198	198	NUM
ftr-463	1327	2	.	.	PUNCT
ftr-463	1328	1	see	see	VERB
ftr-463	1328	2	bittker	bittker	NOUN
ftr-463	1328	3	&	&	CCONJ
ftr-463	1328	4	eustice	eustice	PROPN
ftr-463	1328	5	,	,	PUNCT
ftr-463	1328	6	supra	supra	PROPN
ftr-463	1328	7	note	note	PROPN
ftr-463	1328	8	5	5	NUM
ftr-463	1328	9	,	,	PUNCT
ftr-463	1328	10	1	1	NUM
ftr-463	1328	11	12.21191	12.21191	NUM
ftr-463	1328	12	at	at	ADP
ftr-463	1328	13	12	12	NUM
ftr-463	1328	14	-	-	SYM
ftr-463	1328	15	39	39	NUM
ftr-463	1328	16	;	;	PUNCT
ftr-463	1328	17	ginsburg	ginsburg	PROPN
ftr-463	1328	18	&	&	CCONJ
ftr-463	1328	19	levin	levin	PROPN
ftr-463	1328	20	.	.	PUNCT
ftr-463	1329	1	supra	supra	PROPN
ftr-463	1329	2	note	note	PROPN
ftr-463	1329	3	1	1	NUM
ftr-463	1329	4	,	,	PUNCT
ftr-463	1329	5	§	§	PROPN
ftr-463	1329	6	§	§	PROPN
ftr-463	1329	7	610.12	610.12	NUM
ftr-463	1329	8	-	-	SYM
ftr-463	1329	9	610.13	610.13	NUM
ftr-463	1329	10	at	at	ADP
ftr-463	1329	11	637	637	NUM
ftr-463	1329	12	-	-	SYM
ftr-463	1329	13	40	40	NUM
ftr-463	1329	14	.	.	PUNCT
ftr-463	1330	1	199	199	NUM
ftr-463	1330	2	.	.	PUNCT
ftr-463	1331	1	see	see	VERB
ftr-463	1331	2	,	,	PUNCT
ftr-463	1331	3	e.g.	e.g.	ADV
ftr-463	1331	4	,	,	PUNCT
ftr-463	1331	5	rev	rev	PROPN
ftr-463	1331	6	.	.	PROPN
ftr-463	1332	1	rul	rul	NOUN
ftr-463	1332	2	.	.	PUNCT
ftr-463	1333	1	84	84	NUM
ftr-463	1333	2	-	-	SYM
ftr-463	1333	3	71	71	NUM
ftr-463	1333	4	,	,	PUNCT
ftr-463	1333	5	1984	1984	NUM
ftr-463	1333	6	-	-	SYM
ftr-463	1333	7	1	1	NUM
ftr-463	1333	8	c.b	c.b	PROPN
ftr-463	1333	9	.	.	PROPN
ftr-463	1333	10	106	106	NUM
ftr-463	1333	11	(	(	PUNCT
ftr-463	1333	12	failed	fail	VERB
ftr-463	1333	13	reverse	reverse	ADJ
ftr-463	1333	14	triangular	triangular	NOUN
ftr-463	1333	15	merger	merger	NOUN
ftr-463	1333	16	treated	treat	VERB
ftr-463	1333	17	as	as	ADP
ftr-463	1333	18	a	a	DET
ftr-463	1333	19	§	§	ADJ
ftr-463	1333	20	351	351	NUM
ftr-463	1333	21	transaction	transaction	NOUN
ftr-463	1333	22	)	)	PUNCT
ftr-463	1333	23	.	.	PUNCT
ftr-463	1334	1	see	see	VERB
ftr-463	1334	2	generally	generally	ADV
ftr-463	1334	3	ginsburg	ginsburg	PROPN
ftr-463	1334	4	&	&	CCONJ
ftr-463	1334	5	levin	levin	PROPN
ftr-463	1334	6	,	,	PUNCT
ftr-463	1334	7	supra	supra	PROPN
ftr-463	1334	8	note	note	PROPN
ftr-463	1334	9	1	1	NUM
ftr-463	1334	10	,	,	PUNCT
ftr-463	1334	11	§	§	PROPN
ftr-463	1334	12	610.14	610.14	NUM
ftr-463	1334	13	at	at	ADP
ftr-463	1334	14	640	640	NUM
ftr-463	1334	15	.	.	PUNCT
ftr-463	1335	1	see	see	VERB
ftr-463	1335	2	also	also	ADV
ftr-463	1335	3	ginsburg	ginsburg	PROPN
ftr-463	1335	4	&	&	CCONJ
ftr-463	1335	5	levin	levin	PROPN
ftr-463	1335	6	,	,	PUNCT
ftr-463	1335	7	supra	supra	PROPN
ftr-463	1335	8	,	,	PUNCT
ftr-463	1335	9	§	§	PROPN
ftr-463	1335	10	610.15	610.15	NUM
ftr-463	1335	11	at	at	ADP
ftr-463	1335	12	640	640	NUM
ftr-463	1335	13	-	-	SYM
ftr-463	1335	14	41	41	NUM
ftr-463	1335	15	(	(	PUNCT
ftr-463	1335	16	use	use	NOUN
ftr-463	1335	17	of	of	ADP
ftr-463	1335	18	recapitalization	recapitalization	NOUN
ftr-463	1335	19	to	to	PART
ftr-463	1335	20	bypass	bypass	VERB
ftr-463	1335	21	continuity	continuity	NOUN
ftr-463	1335	22	)	)	PUNCT
ftr-463	1335	23	.	.	PUNCT
ftr-463	1336	1	200	200	NUM
ftr-463	1336	2	.	.	PUNCT
ftr-463	1336	3	see	see	VERB
ftr-463	1336	4	schweitzer	schweitzer	PROPN
ftr-463	1336	5	&	&	CCONJ
ftr-463	1336	6	conrad	conrad	PROPN
ftr-463	1336	7	,	,	PUNCT
ftr-463	1336	8	inc	inc	PROPN
ftr-463	1336	9	.	.	PROPN
ftr-463	1337	1	v.	v.	PROPN
ftr-463	1337	2	commissioner	commissioner	PROPN
ftr-463	1337	3	,	,	PUNCT
ftr-463	1337	4	41	41	NUM
ftr-463	1337	5	b.t.a	b.t.a	NOUN
ftr-463	1337	6	.	.	PROPN
ftr-463	1337	7	533	533	NUM
ftr-463	1337	8	(	(	PUNCT
ftr-463	1337	9	1940	1940	NUM
ftr-463	1337	10	)	)	PUNCT
ftr-463	1337	11	.	.	PUNCT
ftr-463	1338	1	201	201	NUM
ftr-463	1338	2	.	.	PUNCT
ftr-463	1339	1	see	see	VERB
ftr-463	1339	2	mcdonald	mcdonald	PROPN
ftr-463	1339	3	's	's	PART
ftr-463	1339	4	restaurants	restaurant	NOUN
ftr-463	1339	5	of	of	ADP
ftr-463	1339	6	illinois	illinois	PROPN
ftr-463	1339	7	v.	v.	PROPN
ftr-463	1339	8	commissioner	commissioner	PROPN
ftr-463	1339	9	.	.	PUNCT
ftr-463	1340	1	688	688	NUM
ftr-463	1340	2	f.2d	f.2d	SYM
ftr-463	1340	3	520	520	NUM
ftr-463	1340	4	(	(	PUNCT
ftr-463	1340	5	7th	7th	ADJ
ftr-463	1340	6	cir	cir	NOUN
ftr-463	1340	7	.	.	PROPN
ftr-463	1340	8	1982	1982	NUM
ftr-463	1340	9	)	)	PUNCT
ftr-463	1340	10	(	(	PUNCT
ftr-463	1340	11	merger	merger	NOUN
ftr-463	1340	12	occurred	occur	VERB
ftr-463	1340	13	on	on	ADP
ftr-463	1340	14	april	april	PROPN
ftr-463	1340	15	1	1	NUM
ftr-463	1340	16	,	,	PUNCT
ftr-463	1340	17	1973	1973	NUM
ftr-463	1340	18	;	;	PUNCT
ftr-463	1340	19	stock	stock	NOUN
ftr-463	1340	20	was	be	AUX
ftr-463	1340	21	sold	sell	VERB
ftr-463	1340	22	on	on	ADP
ftr-463	1340	23	october	october	PROPN
ftr-463	1340	24	3	3	NUM
ftr-463	1340	25	.	.	NOUN
ftr-463	1340	26	1973	1973	NUM
ftr-463	1340	27	)	)	PUNCT
ftr-463	1340	28	.	.	PUNCT
ftr-463	1341	1	florida	florida	PROPN
ftr-463	1341	2	tax	tax	PROPN
ftr-463	1341	3	review	review	NOUN
ftr-463	1341	4	7	7	NUM
ftr-463	1341	5	.	.	PUNCT
ftr-463	1341	6	tax	tax	NOUN
ftr-463	1341	7	policy	policy	NOUN
ftr-463	1341	8	ofnonrecognition.-a	ofnonrecognition.-a	PROPN
ftr-463	1341	9	full	full	ADJ
ftr-463	1341	10	discussion	discussion	NOUN
ftr-463	1341	11	of	of	ADP
ftr-463	1341	12	the	the	DET
ftr-463	1341	13	continuity	continuity	NOUN
ftr-463	1341	14	doctrine	doctrine	NOUN
ftr-463	1341	15	requires	require	VERB
ftr-463	1341	16	at	at	ADP
ftr-463	1341	17	least	least	ADJ
ftr-463	1341	18	some	some	PRON
ftr-463	1341	19	mention	mention	NOUN
ftr-463	1341	20	of	of	ADP
ftr-463	1341	21	the	the	DET
ftr-463	1341	22	basic	basic	ADJ
ftr-463	1341	23	policies	policy	NOUN
ftr-463	1341	24	behind	behind	ADP
ftr-463	1341	25	tax	tax	NOUN
ftr-463	1341	26	-	-	PUNCT
ftr-463	1341	27	free	free	ADJ
ftr-463	1341	28	acquisitions	acquisition	NOUN
ftr-463	1341	29	and	and	CCONJ
ftr-463	1341	30	a	a	DET
ftr-463	1341	31	consideration	consideration	NOUN
ftr-463	1341	32	of	of	ADP
ftr-463	1341	33	whether	whether	SCONJ
ftr-463	1341	34	the	the	DET
ftr-463	1341	35	modem	modem	NOUN
ftr-463	1341	36	expression	expression	NOUN
ftr-463	1341	37	of	of	ADP
ftr-463	1341	38	the	the	DET
ftr-463	1341	39	continuity	continuity	NOUN
ftr-463	1341	40	doctrine	doctrine	NOUN
ftr-463	1341	41	is	be	AUX
ftr-463	1341	42	consistent	consistent	ADJ
ftr-463	1341	43	with	with	ADP
ftr-463	1341	44	those	those	DET
ftr-463	1341	45	policies	policy	NOUN
ftr-463	1341	46	.	.	PUNCT
ftr-463	1342	1	two	two	NUM
ftr-463	1342	2	categories	category	NOUN
ftr-463	1342	3	of	of	ADP
ftr-463	1342	4	policies	policy	NOUN
ftr-463	1342	5	are	be	AUX
ftr-463	1342	6	frequently	frequently	ADV
ftr-463	1342	7	cited	cite	VERB
ftr-463	1342	8	as	as	ADP
ftr-463	1342	9	supporting	support	VERB
ftr-463	1342	10	tax	tax	NOUN
ftr-463	1342	11	-	-	PUNCT
ftr-463	1342	12	free	free	ADJ
ftr-463	1342	13	treatment	treatment	NOUN
ftr-463	1342	14	for	for	ADP
ftr-463	1342	15	reorganizations	reorganization	NOUN
ftr-463	1342	16	.	.	PUNCT
ftr-463	1343	1	"oz	"oz	NOUN
ftr-463	1344	1	from	from	ADP
ftr-463	1344	2	the	the	DET
ftr-463	1344	3	target	target	NOUN
ftr-463	1344	4	shareholders	shareholder	NOUN
ftr-463	1344	5	'	'	PART
ftr-463	1344	6	perspective	perspective	NOUN
ftr-463	1344	7	,	,	PUNCT
ftr-463	1344	8	a	a	DET
ftr-463	1344	9	"	"	PUNCT
ftr-463	1344	10	paper	paper	NOUN
ftr-463	1344	11	transaction	transaction	NOUN
ftr-463	1344	12	,	,	PUNCT
ftr-463	1344	13	"	"	PUNCT
ftr-463	1344	14	in	in	ADP
ftr-463	1344	15	which	which	PRON
ftr-463	1344	16	the	the	DET
ftr-463	1344	17	shareholders	shareholder	NOUN
ftr-463	1344	18	'	'	PART
ftr-463	1344	19	investment	investment	NOUN
ftr-463	1344	20	acquires	acquire	VERB
ftr-463	1344	21	new	new	ADJ
ftr-463	1344	22	legal	legal	ADJ
ftr-463	1344	23	form	form	NOUN
ftr-463	1344	24	but	but	CCONJ
ftr-463	1344	25	is	be	AUX
ftr-463	1344	26	economically	economically	ADV
ftr-463	1344	27	unchanged	unchanged	ADJ
ftr-463	1344	28	,	,	PUNCT
ftr-463	1344	29	is	be	AUX
ftr-463	1344	30	viewed	view	VERB
ftr-463	1344	31	as	as	ADP
ftr-463	1344	32	not	not	PART
ftr-463	1344	33	being	be	AUX
ftr-463	1344	34	an	an	DET
ftr-463	1344	35	appropriate	appropriate	ADJ
ftr-463	1344	36	event	event	NOUN
ftr-463	1344	37	to	to	PART
ftr-463	1344	38	trigger	trigger	VERB
ftr-463	1344	39	recognition	recognition	NOUN
ftr-463	1344	40	of	of	ADP
ftr-463	1344	41	gain	gain	NOUN
ftr-463	1344	42	or	or	CCONJ
ftr-463	1344	43	loss.20	loss.20	NOUN
ftr-463	1344	44	3	3	NUM
ftr-463	1344	45	also	also	ADV
ftr-463	1344	46	,	,	PUNCT
ftr-463	1344	47	even	even	ADV
ftr-463	1344	48	if	if	SCONJ
ftr-463	1344	49	the	the	DET
ftr-463	1344	50	target	target	NOUN
ftr-463	1344	51	shareholders	shareholder	NOUN
ftr-463	1344	52	'	'	PART
ftr-463	1344	53	investment	investment	NOUN
ftr-463	1344	54	changes	change	NOUN
ftr-463	1344	55	dramatically	dramatically	ADV
ftr-463	1344	56	(	(	PUNCT
ftr-463	1344	57	as	as	ADV
ftr-463	1344	58	often	often	ADV
ftr-463	1344	59	occurs	occur	VERB
ftr-463	1344	60	when	when	SCONJ
ftr-463	1344	61	an	an	DET
ftr-463	1344	62	operating	operate	VERB
ftr-463	1344	63	target	target	NOUN
ftr-463	1344	64	merges	merge	VERB
ftr-463	1344	65	into	into	ADP
ftr-463	1344	66	an	an	DET
ftr-463	1344	67	operating	operate	VERB
ftr-463	1344	68	acquiror	acquiror	NOUN
ftr-463	1344	69	)	)	PUNCT
ftr-463	1344	70	,	,	PUNCT
ftr-463	1344	71	the	the	DET
ftr-463	1344	72	illiquidity	illiquidity	NOUN
ftr-463	1344	73	or	or	CCONJ
ftr-463	1344	74	possibly	possibly	ADV
ftr-463	1344	75	difficult	difficult	ADJ
ftr-463	1344	76	valuation	valuation	NOUN
ftr-463	1344	77	of	of	ADP
ftr-463	1344	78	the	the	DET
ftr-463	1344	79	newly	newly	ADV
ftr-463	1344	80	-	-	PUNCT
ftr-463	1344	81	received	receive	VERB
ftr-463	1344	82	shares	share	NOUN
ftr-463	1344	83	(	(	PUNCT
ftr-463	1344	84	especially	especially	ADV
ftr-463	1344	85	in	in	ADP
ftr-463	1344	86	a	a	DET
ftr-463	1344	87	private	private	ADJ
ftr-463	1344	88	deal	deal	NOUN
ftr-463	1344	89	)	)	PUNCT
ftr-463	1344	90	,	,	PUNCT
ftr-463	1344	91	and	and	CCONJ
ftr-463	1344	92	the	the	DET
ftr-463	1344	93	notion	notion	NOUN
ftr-463	1344	94	that	that	SCONJ
ftr-463	1344	95	a	a	DET
ftr-463	1344	96	passive	passive	ADJ
ftr-463	1344	97	exchange	exchange	NOUN
ftr-463	1344	98	should	should	AUX
ftr-463	1344	99	not	not	PART
ftr-463	1344	100	be	be	AUX
ftr-463	1344	101	a	a	DET
ftr-463	1344	102	taxable	taxable	ADJ
ftr-463	1344	103	event	event	NOUN
ftr-463	1344	104	,	,	PUNCT
ftr-463	1344	105	possibly	possibly	ADV
ftr-463	1344	106	requiring	require	VERB
ftr-463	1344	107	a	a	DET
ftr-463	1344	108	sale	sale	NOUN
ftr-463	1344	109	of	of	ADP
ftr-463	1344	110	the	the	DET
ftr-463	1344	111	investment	investment	NOUN
ftr-463	1344	112	to	to	PART
ftr-463	1344	113	pay	pay	VERB
ftr-463	1344	114	taxes	taxis	NOUN
ftr-463	1344	115	,	,	PUNCT
ftr-463	1344	116	all	all	PRON
ftr-463	1344	117	argue	argue	VERB
ftr-463	1344	118	against	against	ADP
ftr-463	1344	119	current	current	ADJ
ftr-463	1344	120	taxation	taxation	NOUN
ftr-463	1344	121	.	.	PUNCT
ftr-463	1345	1	"w	"w	PROPN
ftr-463	1346	1	at	at	ADP
ftr-463	1346	2	the	the	DET
ftr-463	1346	3	corporate	corporate	ADJ
ftr-463	1346	4	level	level	NOUN
ftr-463	1346	5	,	,	PUNCT
ftr-463	1346	6	the	the	DET
ftr-463	1346	7	policies	policy	NOUN
ftr-463	1346	8	are	be	AUX
ftr-463	1346	9	somewhat	somewhat	ADV
ftr-463	1346	10	different	different	ADJ
ftr-463	1346	11	.	.	PUNCT
ftr-463	1347	1	in	in	ADP
ftr-463	1347	2	addition	addition	NOUN
ftr-463	1347	3	to	to	ADP
ftr-463	1347	4	policies	policy	NOUN
ftr-463	1347	5	against	against	ADP
ftr-463	1347	6	the	the	DET
ftr-463	1347	7	conversion	conversion	NOUN
ftr-463	1347	8	of	of	ADP
ftr-463	1347	9	dividends	dividend	NOUN
ftr-463	1347	10	into	into	ADP
ftr-463	1347	11	liquidation	liquidation	NOUN
ftr-463	1347	12	proceeds	proceed	NOUN
ftr-463	1347	13	(	(	PUNCT
ftr-463	1347	14	e.g.	e.g.	ADV
ftr-463	1347	15	,	,	PUNCT
ftr-463	1347	16	in	in	ADP
ftr-463	1347	17	a	a	DET
ftr-463	1347	18	liquidation	liquidation	NOUN
ftr-463	1347	19	-	-	PUNCT
ftr-463	1347	20	reincorporation	reincorporation	NOUN
ftr-463	1347	21	transaction	transaction	NOUN
ftr-463	1347	22	)	)	PUNCT
ftr-463	1347	23	or	or	CCONJ
ftr-463	1347	24	the	the	DET
ftr-463	1347	25	artificial	artificial	ADJ
ftr-463	1347	26	generation	generation	NOUN
ftr-463	1347	27	of	of	ADP
ftr-463	1347	28	losses	loss	NOUN
ftr-463	1347	29	(	(	PUNCT
ftr-463	1347	30	for	for	ADP
ftr-463	1347	31	example	example	NOUN
ftr-463	1347	32	,	,	PUNCT
ftr-463	1347	33	by	by	ADP
ftr-463	1347	34	having	have	VERB
ftr-463	1347	35	an	an	DET
ftr-463	1347	36	operating	operate	VERB
ftr-463	1347	37	company	company	NOUN
ftr-463	1347	38	with	with	ADP
ftr-463	1347	39	high	high	ADJ
ftr-463	1347	40	basis	basis	NOUN
ftr-463	1347	41	assets	asset	NOUN
ftr-463	1347	42	sell	sell	VERB
ftr-463	1347	43	those	those	DET
ftr-463	1347	44	assets	asset	NOUN
ftr-463	1347	45	to	to	ADP
ftr-463	1347	46	a	a	DET
ftr-463	1347	47	shell	shell	NOUN
ftr-463	1347	48	owned	own	VERB
ftr-463	1347	49	entirely	entirely	ADV
ftr-463	1347	50	by	by	ADP
ftr-463	1347	51	its	its	PRON
ftr-463	1347	52	former	former	ADJ
ftr-463	1347	53	shareholders	shareholder	NOUN
ftr-463	1347	54	)	)	PUNCT
ftr-463	1347	55	,	,	PUNCT
ftr-463	1347	56	the	the	DET
ftr-463	1347	57	reorganization	reorganization	NOUN
ftr-463	1347	58	provisions	provision	NOUN
ftr-463	1347	59	act	act	VERB
ftr-463	1347	60	as	as	ADP
ftr-463	1347	61	a	a	DET
ftr-463	1347	62	subsidy	subsidy	NOUN
ftr-463	1347	63	for	for	ADP
ftr-463	1347	64	-	-	PUNCT
ftr-463	1347	65	or	or	CCONJ
ftr-463	1347	66	,	,	PUNCT
ftr-463	1347	67	at	at	ADP
ftr-463	1347	68	least	least	ADJ
ftr-463	1347	69	,	,	PUNCT
ftr-463	1347	70	do	do	AUX
ftr-463	1347	71	not	not	PART
ftr-463	1347	72	discourage	discourage	VERB
ftr-463	1347	73	-	-	PUNCT
ftr-463	1347	74	certain	certain	ADJ
ftr-463	1347	75	corporate	corporate	ADJ
ftr-463	1347	76	transactions	transaction	NOUN
ftr-463	1347	77	meeting	meet	VERB
ftr-463	1347	78	specific	specific	ADJ
ftr-463	1347	79	statutory	statutory	ADJ
ftr-463	1347	80	descriptions.20	descriptions.20	NOUN
ftr-463	1347	81	5	5	NUM
ftr-463	1347	82	these	these	DET
ftr-463	1347	83	policies	policy	NOUN
ftr-463	1347	84	are	be	AUX
ftr-463	1347	85	tempered	temper	VERB
ftr-463	1347	86	by	by	ADP
ftr-463	1347	87	a	a	DET
ftr-463	1347	88	generalized	generalized	ADJ
ftr-463	1347	89	tax	tax	NOUN
ftr-463	1347	90	policy	policy	NOUN
ftr-463	1347	91	against	against	ADP
ftr-463	1347	92	expanding	expand	VERB
ftr-463	1347	93	nonrecognition	nonrecognition	NOUN
ftr-463	1347	94	to	to	ADP
ftr-463	1347	95	situations	situation	NOUN
ftr-463	1347	96	that	that	PRON
ftr-463	1347	97	are	be	AUX
ftr-463	1347	98	not	not	PART
ftr-463	1347	99	intended	intend	VERB
ftr-463	1347	100	to	to	PART
ftr-463	1347	101	benefit	benefit	VERB
ftr-463	1347	102	from	from	ADP
ftr-463	1347	103	such	such	ADJ
ftr-463	1347	104	favorable	favorable	ADJ
ftr-463	1347	105	treatment	treatment	NOUN
ftr-463	1347	106	.	.	PUNCT
ftr-463	1348	1	this	this	DET
ftr-463	1348	2	countervailing	countervailing	ADJ
ftr-463	1348	3	policy	policy	NOUN
ftr-463	1348	4	is	be	AUX
ftr-463	1348	5	difficult	difficult	ADJ
ftr-463	1348	6	to	to	PART
ftr-463	1348	7	apply	apply	VERB
ftr-463	1348	8	at	at	ADP
ftr-463	1348	9	the	the	DET
ftr-463	1348	10	corporate	corporate	ADJ
ftr-463	1348	11	level	level	NOUN
ftr-463	1348	12	where	where	SCONJ
ftr-463	1348	13	the	the	DET
ftr-463	1348	14	statutory	statutory	ADJ
ftr-463	1348	15	policies	policy	NOUN
ftr-463	1348	16	supporting	support	VERB
ftr-463	1348	17	tax	tax	NOUN
ftr-463	1348	18	-	-	PUNCT
ftr-463	1348	19	free	free	ADJ
ftr-463	1348	20	treatment	treatment	NOUN
ftr-463	1348	21	are	be	AUX
ftr-463	1348	22	based	base	VERB
ftr-463	1348	23	largely	largely	ADV
ftr-463	1348	24	on	on	ADP
ftr-463	1348	25	form	form	NOUN
ftr-463	1348	26	and	and	CCONJ
ftr-463	1348	27	are	be	AUX
ftr-463	1348	28	at	at	ADP
ftr-463	1348	29	times	time	NOUN
ftr-463	1348	30	indeterminate	indeterminate	ADJ
ftr-463	1348	31	.	.	PUNCT
ftr-463	1349	1	however	however	ADV
ftr-463	1349	2	,	,	PUNCT
ftr-463	1349	3	it	it	PRON
ftr-463	1349	4	has	have	AUX
ftr-463	1349	5	been	be	AUX
ftr-463	1349	6	clear	clear	ADJ
ftr-463	1349	7	for	for	ADP
ftr-463	1349	8	over	over	ADP
ftr-463	1349	9	60	60	NUM
ftr-463	1349	10	years	year	NOUN
ftr-463	1349	11	that	that	PRON
ftr-463	1349	12	cash	cash	NOUN
ftr-463	1349	13	asset	asset	NOUN
ftr-463	1349	14	sales	sale	NOUN
ftr-463	1349	15	are	be	AUX
ftr-463	1349	16	not	not	PART
ftr-463	1349	17	deserving	deserve	VERB
ftr-463	1349	18	of	of	ADP
ftr-463	1349	19	nonrecognition	nonrecognition	NOUN
ftr-463	1349	20	treatment	treatment	NOUN
ftr-463	1349	21	.	.	PUNCT
ftr-463	1350	1	the	the	DET
ftr-463	1350	2	continuity	continuity	NOUN
ftr-463	1350	3	of	of	ADP
ftr-463	1350	4	interest	interest	NOUN
ftr-463	1350	5	doctrine	doctrine	NOUN
ftr-463	1350	6	has	have	AUX
ftr-463	1350	7	served	serve	VERB
ftr-463	1350	8	as	as	ADP
ftr-463	1350	9	one	one	NUM
ftr-463	1350	10	202	202	NUM
ftr-463	1350	11	.	.	PUNCT
ftr-463	1351	1	see	see	VERB
ftr-463	1351	2	generally	generally	ADV
ftr-463	1351	3	staff	staff	NOUN
ftr-463	1351	4	of	of	ADP
ftr-463	1351	5	joint	joint	ADJ
ftr-463	1351	6	comm	comm	NOUN
ftr-463	1351	7	.	.	PUNCT
ftr-463	1352	1	on	on	ADP
ftr-463	1352	2	taxation	taxation	NOUN
ftr-463	1352	3	,	,	PUNCT
ftr-463	1352	4	99th	99th	ADJ
ftr-463	1352	5	cong	cong	NOUN
ftr-463	1352	6	.	.	PUNCT
ftr-463	1352	7	,	,	PUNCT
ftr-463	1352	8	1st	1st	ADJ
ftr-463	1352	9	sess	sess	NOUN
ftr-463	1352	10	.	.	PUNCT
ftr-463	1353	1	,	,	PUNCT
ftr-463	1353	2	federal	federal	ADJ
ftr-463	1353	3	income	income	NOUN
ftr-463	1353	4	tax	tax	NOUN
ftr-463	1353	5	aspects	aspect	NOUN
ftr-463	1353	6	of	of	ADP
ftr-463	1353	7	mergers	merger	NOUN
ftr-463	1353	8	and	and	CCONJ
ftr-463	1353	9	acquisitions	acquisition	NOUN
ftr-463	1353	10	,	,	PUNCT
ftr-463	1353	11	reprinted	reprint	VERB
ftr-463	1353	12	in	in	ADP
ftr-463	1353	13	dtr	dtr	PROPN
ftr-463	1353	14	(	(	PUNCT
ftr-463	1353	15	bna	bna	PROPN
ftr-463	1353	16	)	)	PUNCT
ftr-463	1353	17	no	no	NOUN
ftr-463	1353	18	.	.	NOUN
ftr-463	1354	1	62	62	NUM
ftr-463	1354	2	(	(	PUNCT
ftr-463	1354	3	april	april	PROPN
ftr-463	1354	4	1	1	NUM
ftr-463	1354	5	,	,	PUNCT
ftr-463	1354	6	1985	1985	NUM
ftr-463	1354	7	)	)	PUNCT
ftr-463	1354	8	;	;	PUNCT
ftr-463	1354	9	bittker	bittker	NOUN
ftr-463	1354	10	&	&	CCONJ
ftr-463	1354	11	eustice	eustice	PROPN
ftr-463	1355	1	,	,	PUNCT
ftr-463	1355	2	supra	supra	PROPN
ftr-463	1355	3	note	note	NOUN
ftr-463	1355	4	5	5	NUM
ftr-463	1355	5	,	,	PUNCT
ftr-463	1355	6	12.01[1	12.01[1	NUM
ftr-463	1355	7	]	]	X
ftr-463	1355	8	at	at	ADP
ftr-463	1355	9	12	12	NUM
ftr-463	1355	10	-	-	SYM
ftr-463	1355	11	7	7	NUM
ftr-463	1355	12	to	to	PART
ftr-463	1355	13	12	12	NUM
ftr-463	1355	14	-	-	SYM
ftr-463	1355	15	9	9	NUM
ftr-463	1355	16	;	;	PUNCT
ftr-463	1355	17	sheldon	sheldon	PROPN
ftr-463	1355	18	s.	s.	PROPN
ftr-463	1355	19	cohen	cohen	PROPN
ftr-463	1355	20	,	,	PUNCT
ftr-463	1355	21	conglomerate	conglomerate	NOUN
ftr-463	1355	22	mergers	merger	NOUN
ftr-463	1355	23	and	and	CCONJ
ftr-463	1355	24	taxation	taxation	NOUN
ftr-463	1355	25	,	,	PUNCT
ftr-463	1355	26	55	55	NUM
ftr-463	1355	27	a.b.a	a.b.a	NOUN
ftr-463	1355	28	.	.	PUNCT
ftr-463	1356	1	j.	j.	PROPN
ftr-463	1356	2	40	40	NUM
ftr-463	1356	3	(	(	PUNCT
ftr-463	1356	4	1969	1969	NUM
ftr-463	1356	5	)	)	PUNCT
ftr-463	1356	6	;	;	PUNCT
ftr-463	1356	7	john	john	PROPN
ftr-463	1356	8	dane	dane	PROPN
ftr-463	1356	9	,	,	PUNCT
ftr-463	1356	10	jr	jr	PROPN
ftr-463	1356	11	.	.	PROPN
ftr-463	1356	12	,	,	PUNCT
ftr-463	1356	13	the	the	DET
ftr-463	1356	14	case	case	NOUN
ftr-463	1356	15	for	for	ADP
ftr-463	1356	16	nonrecognition	nonrecognition	NOUN
ftr-463	1356	17	of	of	ADP
ftr-463	1356	18	gain	gain	NOUN
ftr-463	1356	19	in	in	ADP
ftr-463	1356	20	reorganization	reorganization	NOUN
ftr-463	1356	21	exchanges	exchange	NOUN
ftr-463	1356	22	,	,	PUNCT
ftr-463	1356	23	36	36	NUM
ftr-463	1356	24	taxes	taxis	NOUN
ftr-463	1356	25	244	244	NUM
ftr-463	1356	26	(	(	PUNCT
ftr-463	1356	27	1958	1958	NUM
ftr-463	1356	28	)	)	PUNCT
ftr-463	1356	29	;	;	PUNCT
ftr-463	1356	30	jerome	jerome	PROPN
ftr-463	1356	31	r.	r.	PROPN
ftr-463	1356	32	hellerstein	hellerstein	PROPN
ftr-463	1356	33	,	,	PUNCT
ftr-463	1356	34	mergers	merger	NOUN
ftr-463	1356	35	,	,	PUNCT
ftr-463	1356	36	taxes	taxis	NOUN
ftr-463	1356	37	,	,	PUNCT
ftr-463	1356	38	and	and	CCONJ
ftr-463	1356	39	realism	realism	NOUN
ftr-463	1356	40	,	,	PUNCT
ftr-463	1356	41	71	71	NUM
ftr-463	1356	42	harv	harv	NOUN
ftr-463	1356	43	.	.	PUNCT
ftr-463	1357	1	l.	l.	PROPN
ftr-463	1357	2	rev	rev	PROPN
ftr-463	1357	3	.	.	PROPN
ftr-463	1357	4	254	254	NUM
ftr-463	1357	5	(	(	PUNCT
ftr-463	1357	6	1957	1957	NUM
ftr-463	1357	7	)	)	PUNCT
ftr-463	1357	8	;	;	PUNCT
ftr-463	1357	9	milton	milton	PROPN
ftr-463	1357	10	sandberg	sandberg	PROPN
ftr-463	1357	11	,	,	PUNCT
ftr-463	1357	12	the	the	DET
ftr-463	1357	13	income	income	NOUN
ftr-463	1357	14	tax	tax	NOUN
ftr-463	1357	15	subsidy	subsidy	NOUN
ftr-463	1357	16	in	in	ADP
ftr-463	1357	17	reorganization	reorganization	NOUN
ftr-463	1357	18	,	,	PUNCT
ftr-463	1357	19	38	38	NUM
ftr-463	1357	20	colum	colum	NOUN
ftr-463	1357	21	.	.	PUNCT
ftr-463	1358	1	l.	l.	PROPN
ftr-463	1358	2	rev	rev	PROPN
ftr-463	1358	3	.	.	PROPN
ftr-463	1358	4	98	98	NUM
ftr-463	1358	5	(	(	PUNCT
ftr-463	1358	6	1938	1938	NUM
ftr-463	1358	7	)	)	PUNCT
ftr-463	1358	8	;	;	PUNCT
ftr-463	1358	9	stanley	stanley	PROPN
ftr-463	1358	10	s.	s.	PROPN
ftr-463	1358	11	surrey	surrey	PROPN
ftr-463	1358	12	,	,	PUNCT
ftr-463	1358	13	income	income	NOUN
ftr-463	1358	14	tax	tax	NOUN
ftr-463	1358	15	problems	problem	NOUN
ftr-463	1358	16	of	of	ADP
ftr-463	1358	17	corporations	corporation	NOUN
ftr-463	1358	18	and	and	CCONJ
ftr-463	1358	19	shareholders	shareholder	NOUN
ftr-463	1358	20	:	:	PUNCT
ftr-463	1358	21	american	american	PROPN
ftr-463	1358	22	law	law	PROPN
ftr-463	1358	23	institute	institute	PROPN
ftr-463	1358	24	tax	tax	PROPN
ftr-463	1358	25	project	project	PROPN
ftr-463	1358	26	-	-	PUNCT
ftr-463	1358	27	american	american	PROPN
ftr-463	1358	28	bar	bar	PROPN
ftr-463	1358	29	association	association	PROPN
ftr-463	1358	30	committee	committee	NOUN
ftr-463	1358	31	study	study	NOUN
ftr-463	1358	32	on	on	ADP
ftr-463	1358	33	legislative	legislative	ADJ
ftr-463	1358	34	revision	revision	NOUN
ftr-463	1358	35	,	,	PUNCT
ftr-463	1358	36	14	14	NUM
ftr-463	1358	37	tax	tax	NOUN
ftr-463	1358	38	l.	l.	PROPN
ftr-463	1358	39	rev	rev	PROPN
ftr-463	1358	40	.	.	PROPN
ftr-463	1358	41	1	1	NUM
ftr-463	1358	42	(	(	PUNCT
ftr-463	1358	43	1958	1958	NUM
ftr-463	1358	44	)	)	PUNCT
ftr-463	1358	45	;	;	PUNCT
ftr-463	1358	46	william	william	PROPN
ftr-463	1358	47	j.	j.	PROPN
ftr-463	1358	48	turnier	turnier	PROPN
ftr-463	1358	49	,	,	PUNCT
ftr-463	1358	50	continuity	continuity	NOUN
ftr-463	1358	51	of	of	ADP
ftr-463	1358	52	interest	interest	NOUN
ftr-463	1358	53	-	-	PUNCT
ftr-463	1358	54	its	its	PRON
ftr-463	1358	55	application	application	NOUN
ftr-463	1358	56	to	to	ADP
ftr-463	1358	57	shareholders	shareholder	NOUN
ftr-463	1358	58	of	of	ADP
ftr-463	1358	59	the	the	DET
ftr-463	1358	60	acquiring	acquire	VERB
ftr-463	1358	61	corporation	corporation	NOUN
ftr-463	1358	62	,	,	PUNCT
ftr-463	1358	63	64	64	NUM
ftr-463	1358	64	cal	cal	NOUN
ftr-463	1358	65	.	.	PUNCT
ftr-463	1359	1	l.	l.	PROPN
ftr-463	1359	2	rev	rev	PROPN
ftr-463	1359	3	.	.	PROPN
ftr-463	1359	4	902	902	NUM
ftr-463	1359	5	,	,	PUNCT
ftr-463	1359	6	910	910	NUM
ftr-463	1359	7	-	-	SYM
ftr-463	1359	8	16	16	NUM
ftr-463	1359	9	(	(	PUNCT
ftr-463	1359	10	1976	1976	NUM
ftr-463	1359	11	)	)	PUNCT
ftr-463	1359	12	.	.	PUNCT
ftr-463	1360	1	203	203	NUM
ftr-463	1360	2	.	.	PUNCT
ftr-463	1361	1	s.	s.	PROPN
ftr-463	1361	2	rep	rep	PROPN
ftr-463	1361	3	.	.	PROPN
ftr-463	1362	1	no	no	PROPN
ftr-463	1362	2	.	.	NOUN
ftr-463	1362	3	617	617	NUM
ftr-463	1362	4	,	,	PUNCT
ftr-463	1362	5	65th	65th	ADJ
ftr-463	1362	6	cong	cong	NOUN
ftr-463	1362	7	.	.	PUNCT
ftr-463	1363	1	,	,	PUNCT
ftr-463	1363	2	3d	3d	NUM
ftr-463	1363	3	sess	sess	NOUN
ftr-463	1363	4	.	.	PUNCT
ftr-463	1364	1	5	5	NUM
ftr-463	1364	2	(	(	PUNCT
ftr-463	1364	3	1918	1918	NUM
ftr-463	1364	4	)	)	PUNCT
ftr-463	1364	5	.	.	PUNCT
ftr-463	1365	1	204	204	NUM
ftr-463	1365	2	.	.	PUNCT
ftr-463	1366	1	see	see	VERB
ftr-463	1366	2	hellerstein	hellerstein	NOUN
ftr-463	1366	3	,	,	PUNCT
ftr-463	1366	4	supra	supra	PROPN
ftr-463	1366	5	note	note	NOUN
ftr-463	1366	6	202	202	NUM
ftr-463	1366	7	,	,	PUNCT
ftr-463	1366	8	at	at	ADP
ftr-463	1366	9	262	262	NUM
ftr-463	1366	10	,	,	PUNCT
ftr-463	1366	11	266	266	NUM
ftr-463	1366	12	.	.	X
ftr-463	1366	13	205	205	NUM
ftr-463	1366	14	.	.	PUNCT
ftr-463	1367	1	see	see	VERB
ftr-463	1367	2	i	i	PRON
ftr-463	1367	3	d.	d.	PROPN
ftr-463	1367	4	at	at	ADP
ftr-463	1367	5	276	276	NUM
ftr-463	1367	6	-	-	SYM
ftr-463	1367	7	77	77	NUM
ftr-463	1367	8	;	;	PUNCT
ftr-463	1367	9	sandberg	sandberg	PROPN
ftr-463	1367	10	,	,	PUNCT
ftr-463	1367	11	supra	supra	PROPN
ftr-463	1367	12	note	note	NOUN
ftr-463	1367	13	202	202	NUM
ftr-463	1367	14	,	,	PUNCT
ftr-463	1367	15	at	at	ADP
ftr-463	1367	16	98	98	NUM
ftr-463	1367	17	.	.	PUNCT
ftr-463	1368	1	[	[	X
ftr-463	1368	2	vol	vol	NOUN
ftr-463	1368	3	.	.	PUNCT
ftr-463	1368	4	3:5	3:5	NUM
ftr-463	1368	5	1996	1996	NUM
ftr-463	1368	6	]	]	PUNCT
ftr-463	1368	7	devolution	devolution	NOUN
ftr-463	1368	8	&	&	CCONJ
ftr-463	1368	9	inevitable	inevitable	ADJ
ftr-463	1368	10	extinction	extinction	NOUN
ftr-463	1368	11	of	of	ADP
ftr-463	1368	12	the	the	DET
ftr-463	1368	13	continuity	continuity	NOUN
ftr-463	1368	14	of	of	ADP
ftr-463	1368	15	interest	interest	NOUN
ftr-463	1368	16	doctrine	doctrine	NOUN
ftr-463	1368	17	247	247	NUM
ftr-463	1368	18	mechanism	mechanism	NOUN
ftr-463	1368	19	to	to	PART
ftr-463	1368	20	distinguish	distinguish	VERB
ftr-463	1368	21	corporate	corporate	ADJ
ftr-463	1368	22	transactions	transaction	NOUN
ftr-463	1368	23	that	that	PRON
ftr-463	1368	24	advance	advance	VERB
ftr-463	1368	25	corporate	corporate	ADJ
ftr-463	1368	26	nonrecognition	nonrecognition	NOUN
ftr-463	1368	27	policies	policy	NOUN
ftr-463	1368	28	from	from	ADP
ftr-463	1368	29	those	those	PRON
ftr-463	1368	30	,	,	PUNCT
ftr-463	1368	31	such	such	ADJ
ftr-463	1368	32	as	as	ADP
ftr-463	1368	33	asset	asset	NOUN
ftr-463	1368	34	sales	sale	NOUN
ftr-463	1368	35	for	for	ADP
ftr-463	1368	36	cash	cash	NOUN
ftr-463	1368	37	,	,	PUNCT
ftr-463	1368	38	that	that	PRON
ftr-463	1368	39	do	do	VERB
ftr-463	1368	40	not	not	PART
ftr-463	1368	41	.	.	PUNCT
ftr-463	1369	1	however	however	ADV
ftr-463	1369	2	,	,	PUNCT
ftr-463	1369	3	the	the	DET
ftr-463	1369	4	use	use	NOUN
ftr-463	1369	5	of	of	ADP
ftr-463	1369	6	continuity	continuity	NOUN
ftr-463	1369	7	to	to	PART
ftr-463	1369	8	disqualify	disqualify	VERB
ftr-463	1369	9	a	a	DET
ftr-463	1369	10	reorganization	reorganization	NOUN
ftr-463	1369	11	on	on	ADP
ftr-463	1369	12	the	the	DET
ftr-463	1369	13	basis	basis	NOUN
ftr-463	1369	14	that	that	SCONJ
ftr-463	1369	15	it	it	PRON
ftr-463	1369	16	does	do	AUX
ftr-463	1369	17	not	not	PART
ftr-463	1369	18	advance	advance	VERB
ftr-463	1369	19	corporate	corporate	ADJ
ftr-463	1369	20	-	-	PUNCT
ftr-463	1369	21	level	level	NOUN
ftr-463	1369	22	policies	policy	NOUN
ftr-463	1369	23	sometimes	sometimes	ADV
ftr-463	1369	24	clashes	clash	VERB
ftr-463	1369	25	with	with	ADP
ftr-463	1369	26	the	the	DET
ftr-463	1369	27	policies	policy	NOUN
ftr-463	1369	28	that	that	PRON
ftr-463	1369	29	support	support	VERB
ftr-463	1369	30	nonrecognition	nonrecognition	NOUN
ftr-463	1369	31	treatment	treatment	NOUN
ftr-463	1369	32	at	at	ADP
ftr-463	1369	33	the	the	DET
ftr-463	1369	34	shareholder	shareholder	NOUN
ftr-463	1369	35	level	level	NOUN
ftr-463	1369	36	.	.	PUNCT
ftr-463	1370	1	application	application	NOUN
ftr-463	1370	2	of	of	ADP
ftr-463	1370	3	continuity	continuity	NOUN
ftr-463	1370	4	in	in	ADP
ftr-463	1370	5	these	these	DET
ftr-463	1370	6	cases	case	NOUN
ftr-463	1370	7	to	to	PART
ftr-463	1370	8	disqualify	disqualify	VERB
ftr-463	1370	9	a	a	DET
ftr-463	1370	10	reorganization	reorganization	NOUN
ftr-463	1370	11	elevates	elevate	VERB
ftr-463	1370	12	the	the	DET
ftr-463	1370	13	corporate	corporate	ADJ
ftr-463	1370	14	policies	policy	NOUN
ftr-463	1370	15	over	over	ADP
ftr-463	1370	16	the	the	DET
ftr-463	1370	17	shareholder	shareholder	NOUN
ftr-463	1370	18	policies	policy	NOUN
ftr-463	1370	19	.	.	PUNCT
ftr-463	1371	1	for	for	ADP
ftr-463	1371	2	example	example	NOUN
ftr-463	1371	3	,	,	PUNCT
ftr-463	1371	4	if	if	SCONJ
ftr-463	1371	5	only	only	ADV
ftr-463	1371	6	10	10	NUM
ftr-463	1371	7	%	%	NOUN
ftr-463	1371	8	of	of	ADP
ftr-463	1371	9	the	the	DET
ftr-463	1371	10	acquiror	acquiror	NOUN
ftr-463	1371	11	's	's	PART
ftr-463	1371	12	consideration	consideration	NOUN
ftr-463	1371	13	for	for	ADP
ftr-463	1371	14	target	target	NOUN
ftr-463	1371	15	assets	asset	NOUN
ftr-463	1371	16	consists	consist	VERB
ftr-463	1371	17	of	of	ADP
ftr-463	1371	18	acquiror	acquiror	NOUN
ftr-463	1371	19	equity	equity	NOUN
ftr-463	1371	20	-	-	PUNCT
ftr-463	1371	21	an	an	DET
ftr-463	1371	22	insufficient	insufficient	ADJ
ftr-463	1371	23	amount	amount	NOUN
ftr-463	1371	24	to	to	PART
ftr-463	1371	25	satisfy	satisfy	VERB
ftr-463	1371	26	the	the	DET
ftr-463	1371	27	modem	modem	NOUN
ftr-463	1371	28	continuity	continuity	NOUN
ftr-463	1371	29	test	test	NOUN
ftr-463	1371	30	-	-	PUNCT
ftr-463	1371	31	the	the	DET
ftr-463	1371	32	corporate	corporate	ADJ
ftr-463	1371	33	-	-	PUNCT
ftr-463	1371	34	level	level	NOUN
ftr-463	1371	35	policies	policy	NOUN
ftr-463	1371	36	are	be	AUX
ftr-463	1371	37	advanced	advance	VERB
ftr-463	1371	38	by	by	ADP
ftr-463	1371	39	denying	deny	VERB
ftr-463	1371	40	the	the	DET
ftr-463	1371	41	transaction	transaction	NOUN
ftr-463	1371	42	tax	tax	NOUN
ftr-463	1371	43	-	-	PUNCT
ftr-463	1371	44	free	free	ADJ
ftr-463	1371	45	treatment	treatment	NOUN
ftr-463	1371	46	because	because	SCONJ
ftr-463	1371	47	it	it	PRON
ftr-463	1371	48	more	more	ADV
ftr-463	1371	49	resembles	resemble	VERB
ftr-463	1371	50	a	a	DET
ftr-463	1371	51	sale	sale	NOUN
ftr-463	1371	52	than	than	ADP
ftr-463	1371	53	a	a	DET
ftr-463	1371	54	merger	merger	NOUN
ftr-463	1371	55	and	and	CCONJ
ftr-463	1371	56	therefore	therefore	ADV
ftr-463	1371	57	is	be	AUX
ftr-463	1371	58	beyond	beyond	ADP
ftr-463	1371	59	the	the	DET
ftr-463	1371	60	intended	intend	VERB
ftr-463	1371	61	scope	scope	NOUN
ftr-463	1371	62	of	of	ADP
ftr-463	1371	63	the	the	DET
ftr-463	1371	64	corporate	corporate	ADJ
ftr-463	1371	65	-	-	PUNCT
ftr-463	1371	66	level	level	NOUN
ftr-463	1371	67	subsidy	subsidy	NOUN
ftr-463	1371	68	.	.	PUNCT
ftr-463	1372	1	however	however	ADV
ftr-463	1372	2	,	,	PUNCT
ftr-463	1372	3	because	because	SCONJ
ftr-463	1372	4	continuity	continuity	NOUN
ftr-463	1372	5	has	have	AUX
ftr-463	1372	6	not	not	PART
ftr-463	1372	7	historically	historically	ADV
ftr-463	1372	8	developed	develop	VERB
ftr-463	1372	9	as	as	ADP
ftr-463	1372	10	a	a	DET
ftr-463	1372	11	doctrine	doctrine	NOUN
ftr-463	1372	12	that	that	PRON
ftr-463	1372	13	taxes	tax	VERB
ftr-463	1372	14	only	only	ADV
ftr-463	1372	15	the	the	DET
ftr-463	1372	16	party	party	NOUN
ftr-463	1372	17	for	for	ADP
ftr-463	1372	18	which	which	PRON
ftr-463	1372	19	tax	tax	NOUN
ftr-463	1372	20	-	-	PUNCT
ftr-463	1372	21	free	free	ADJ
ftr-463	1372	22	treatment	treatment	NOUN
ftr-463	1372	23	is	be	AUX
ftr-463	1372	24	inappropriate	inappropriate	ADJ
ftr-463	1372	25	,	,	PUNCT
ftr-463	1372	26	applying	apply	VERB
ftr-463	1372	27	the	the	DET
ftr-463	1372	28	doctrine	doctrine	NOUN
ftr-463	1372	29	to	to	ADP
ftr-463	1372	30	the	the	DET
ftr-463	1372	31	entire	entire	ADJ
ftr-463	1372	32	transaction	transaction	NOUN
ftr-463	1372	33	,	,	PUNCT
ftr-463	1372	34	and	and	CCONJ
ftr-463	1372	35	taxing	tax	VERB
ftr-463	1372	36	target	target	NOUN
ftr-463	1372	37	shareholders	shareholder	NOUN
ftr-463	1372	38	who	who	PRON
ftr-463	1372	39	receive	receive	VERB
ftr-463	1372	40	illiquid	illiquid	ADJ
ftr-463	1372	41	acquiror	acquiror	NOUN
ftr-463	1372	42	stock	stock	NOUN
ftr-463	1372	43	,	,	PUNCT
ftr-463	1372	44	conflicts	conflict	NOUN
ftr-463	1372	45	with	with	ADP
ftr-463	1372	46	one	one	NUM
ftr-463	1372	47	of	of	ADP
ftr-463	1372	48	the	the	DET
ftr-463	1372	49	important	important	ADJ
ftr-463	1372	50	shareholder	shareholder	NOUN
ftr-463	1372	51	-	-	PUNCT
ftr-463	1372	52	level	level	NOUN
ftr-463	1372	53	policies	policy	NOUN
ftr-463	1372	54	.	.	PUNCT
ftr-463	1373	1	moreover	moreover	ADV
ftr-463	1373	2	,	,	PUNCT
ftr-463	1373	3	while	while	SCONJ
ftr-463	1373	4	the	the	DET
ftr-463	1373	5	continuity	continuity	NOUN
ftr-463	1373	6	of	of	ADP
ftr-463	1373	7	interest	interest	NOUN
ftr-463	1373	8	doctrine	doctrine	NOUN
ftr-463	1373	9	is	be	AUX
ftr-463	1373	10	helpful	helpful	ADJ
ftr-463	1373	11	in	in	ADP
ftr-463	1373	12	identifying	identify	VERB
ftr-463	1373	13	transactions	transaction	NOUN
ftr-463	1373	14	that	that	PRON
ftr-463	1373	15	at	at	ADP
ftr-463	1373	16	the	the	DET
ftr-463	1373	17	corporate	corporate	ADJ
ftr-463	1373	18	level	level	NOUN
ftr-463	1373	19	are	be	AUX
ftr-463	1373	20	not	not	PART
ftr-463	1373	21	deserving	deserve	VERB
ftr-463	1373	22	of	of	ADP
ftr-463	1373	23	nonrecognition	nonrecognition	NOUN
ftr-463	1373	24	treatment	treatment	NOUN
ftr-463	1373	25	,	,	PUNCT
ftr-463	1373	26	it	it	PRON
ftr-463	1373	27	is	be	AUX
ftr-463	1373	28	not	not	PART
ftr-463	1373	29	needed	need	VERB
ftr-463	1373	30	to	to	PART
ftr-463	1373	31	distinguish	distinguish	VERB
ftr-463	1373	32	those	those	DET
ftr-463	1373	33	transactions	transaction	NOUN
ftr-463	1373	34	in	in	ADP
ftr-463	1373	35	which	which	PRON
ftr-463	1373	36	tax	tax	NOUN
ftr-463	1373	37	-	-	PUNCT
ftr-463	1373	38	free	free	ADJ
ftr-463	1373	39	treatment	treatment	NOUN
ftr-463	1373	40	is	be	AUX
ftr-463	1373	41	inappropriate	inappropriate	ADJ
ftr-463	1373	42	at	at	ADP
ftr-463	1373	43	the	the	DET
ftr-463	1373	44	shareholder	shareholder	NOUN
ftr-463	1373	45	level	level	NOUN
ftr-463	1373	46	.	.	PUNCT
ftr-463	1374	1	sections	section	NOUN
ftr-463	1374	2	354	354	NUM
ftr-463	1374	3	and	and	CCONJ
ftr-463	1374	4	356	356	NUM
ftr-463	1374	5	ensure	ensure	VERB
ftr-463	1374	6	that	that	SCONJ
ftr-463	1374	7	target	target	VERB
ftr-463	1374	8	shareholders	shareholder	NOUN
ftr-463	1374	9	receiving	receive	VERB
ftr-463	1374	10	cash	cash	NOUN
ftr-463	1374	11	and	and	CCONJ
ftr-463	1374	12	other	other	ADJ
ftr-463	1374	13	nonsecurity	nonsecurity	NOUN
ftr-463	1374	14	boot	boot	NOUN
ftr-463	1374	15	are	be	AUX
ftr-463	1374	16	subject	subject	ADJ
ftr-463	1374	17	to	to	ADP
ftr-463	1374	18	tax	tax	NOUN
ftr-463	1374	19	on	on	ADP
ftr-463	1374	20	any	any	DET
ftr-463	1374	21	gain	gain	NOUN
ftr-463	1374	22	realized	realize	VERB
ftr-463	1374	23	on	on	ADP
ftr-463	1374	24	the	the	DET
ftr-463	1374	25	transaction	transaction	NOUN
ftr-463	1374	26	,	,	PUNCT
ftr-463	1374	27	notwithstanding	notwithstanding	ADP
ftr-463	1374	28	reorganization	reorganization	NOUN
ftr-463	1374	29	status	status	NOUN
ftr-463	1374	30	.	.	PUNCT
ftr-463	1375	1	this	this	DET
ftr-463	1375	2	conflict	conflict	NOUN
ftr-463	1375	3	between	between	ADP
ftr-463	1375	4	corporate	corporate	ADJ
ftr-463	1375	5	-	-	PUNCT
ftr-463	1375	6	level	level	NOUN
ftr-463	1375	7	policies	policy	NOUN
ftr-463	1375	8	against	against	ADP
ftr-463	1375	9	tax	tax	NOUN
ftr-463	1375	10	-	-	PUNCT
ftr-463	1375	11	free	free	ADJ
ftr-463	1375	12	treatment	treatment	NOUN
ftr-463	1375	13	and	and	CCONJ
ftr-463	1375	14	those	those	PRON
ftr-463	1375	15	favoring	favor	VERB
ftr-463	1375	16	nonrecognition	nonrecognition	NOUN
ftr-463	1375	17	treatment	treatment	NOUN
ftr-463	1375	18	at	at	ADP
ftr-463	1375	19	the	the	DET
ftr-463	1375	20	shareholder	shareholder	NOUN
ftr-463	1375	21	level	level	NOUN
ftr-463	1375	22	is	be	AUX
ftr-463	1375	23	inevitable	inevitable	ADJ
ftr-463	1375	24	without	without	ADP
ftr-463	1375	25	a	a	DET
ftr-463	1375	26	statutory	statutory	ADJ
ftr-463	1375	27	mechanism	mechanism	NOUN
ftr-463	1375	28	at	at	ADP
ftr-463	1375	29	the	the	DET
ftr-463	1375	30	corporate	corporate	ADJ
ftr-463	1375	31	level	level	NOUN
ftr-463	1375	32	that	that	PRON
ftr-463	1375	33	taxes	tax	VERB
ftr-463	1375	34	the	the	DET
ftr-463	1375	35	target	target	NOUN
ftr-463	1375	36	's	's	PART
ftr-463	1375	37	realized	realize	VERB
ftr-463	1375	38	gain	gain	NOUN
ftr-463	1375	39	in	in	ADP
ftr-463	1375	40	respect	respect	NOUN
ftr-463	1375	41	of	of	ADP
ftr-463	1375	42	assets	asset	NOUN
ftr-463	1375	43	transferred	transfer	VERB
ftr-463	1375	44	for	for	ADP
ftr-463	1375	45	nonqualifying	nonqualifye	VERB
ftr-463	1375	46	consideration	consideration	NOUN
ftr-463	1375	47	.	.	PUNCT
ftr-463	1376	1	the	the	DET
ftr-463	1376	2	continuity	continuity	NOUN
ftr-463	1376	3	doctrine	doctrine	NOUN
ftr-463	1376	4	could	could	AUX
ftr-463	1376	5	be	be	AUX
ftr-463	1376	6	understood	understand	VERB
ftr-463	1376	7	to	to	PART
ftr-463	1376	8	reflect	reflect	VERB
ftr-463	1376	9	the	the	DET
ftr-463	1376	10	view	view	NOUN
ftr-463	1376	11	that	that	SCONJ
ftr-463	1376	12	it	it	PRON
ftr-463	1376	13	is	be	AUX
ftr-463	1376	14	worse	bad	ADJ
ftr-463	1376	15	to	to	PART
ftr-463	1376	16	allow	allow	VERB
ftr-463	1376	17	a	a	DET
ftr-463	1376	18	corporate	corporate	ADJ
ftr-463	1376	19	target	target	NOUN
ftr-463	1376	20	to	to	PART
ftr-463	1376	21	escape	escape	VERB
ftr-463	1376	22	taxation	taxation	NOUN
ftr-463	1376	23	on	on	ADP
ftr-463	1376	24	an	an	DET
ftr-463	1376	25	asset	asset	NOUN
ftr-463	1376	26	sale	sale	NOUN
ftr-463	1376	27	than	than	SCONJ
ftr-463	1376	28	it	it	PRON
ftr-463	1376	29	is	be	AUX
ftr-463	1376	30	to	to	PART
ftr-463	1376	31	tax	tax	VERB
ftr-463	1376	32	a	a	DET
ftr-463	1376	33	target	target	NOUN
ftr-463	1376	34	shareholder	shareholder	NOUN
ftr-463	1376	35	deserving	deserving	ADJ
ftr-463	1376	36	of	of	ADP
ftr-463	1376	37	tax	tax	NOUN
ftr-463	1376	38	-	-	PUNCT
ftr-463	1376	39	free	free	ADJ
ftr-463	1376	40	treatment	treatment	NOUN
ftr-463	1376	41	.	.	PUNCT
ftr-463	1377	1	but	but	CCONJ
ftr-463	1377	2	there	there	PRON
ftr-463	1377	3	is	be	VERB
ftr-463	1377	4	no	no	DET
ftr-463	1377	5	evidence	evidence	NOUN
ftr-463	1377	6	that	that	SCONJ
ftr-463	1377	7	congress	congress	PROPN
ftr-463	1377	8	ever	ever	ADV
ftr-463	1377	9	made	make	VERB
ftr-463	1377	10	that	that	DET
ftr-463	1377	11	choice	choice	NOUN
ftr-463	1377	12	.	.	PUNCT
ftr-463	1378	1	and	and	CCONJ
ftr-463	1378	2	the	the	DET
ftr-463	1378	3	conflicting	conflicting	ADJ
ftr-463	1378	4	policies	policy	NOUN
ftr-463	1378	5	suggest	suggest	VERB
ftr-463	1378	6	that	that	SCONJ
ftr-463	1378	7	continuity	continuity	NOUN
ftr-463	1378	8	should	should	AUX
ftr-463	1378	9	bust	bust	VERB
ftr-463	1378	10	an	an	DET
ftr-463	1378	11	otherwise	otherwise	ADV
ftr-463	1378	12	qualifying	qualify	VERB
ftr-463	1378	13	reorganization	reorganization	NOUN
ftr-463	1378	14	only	only	ADV
ftr-463	1378	15	where	where	SCONJ
ftr-463	1378	16	the	the	DET
ftr-463	1378	17	reasons	reason	NOUN
ftr-463	1378	18	for	for	ADP
ftr-463	1378	19	taxing	tax	VERB
ftr-463	1378	20	the	the	DET
ftr-463	1378	21	target	target	NOUN
ftr-463	1378	22	are	be	AUX
ftr-463	1378	23	clear	clear	ADJ
ftr-463	1378	24	.	.	PUNCT
ftr-463	1379	1	on	on	ADP
ftr-463	1379	2	the	the	DET
ftr-463	1379	3	other	other	ADJ
ftr-463	1379	4	hand	hand	NOUN
ftr-463	1379	5	,	,	PUNCT
ftr-463	1379	6	it	it	PRON
ftr-463	1379	7	is	be	AUX
ftr-463	1379	8	clearly	clearly	ADV
ftr-463	1379	9	inappropriate	inappropriate	ADJ
ftr-463	1379	10	to	to	PART
ftr-463	1379	11	use	use	VERB
ftr-463	1379	12	continuity	continuity	NOUN
ftr-463	1379	13	to	to	PART
ftr-463	1379	14	bust	bust	VERB
ftr-463	1379	15	a	a	DET
ftr-463	1379	16	putative	putative	ADJ
ftr-463	1379	17	reorganization	reorganization	NOUN
ftr-463	1379	18	that	that	PRON
ftr-463	1379	19	does	do	AUX
ftr-463	1379	20	not	not	PART
ftr-463	1379	21	look	look	VERB
ftr-463	1379	22	like	like	ADP
ftr-463	1379	23	an	an	DET
ftr-463	1379	24	asset	asset	NOUN
ftr-463	1379	25	sale	sale	NOUN
ftr-463	1379	26	at	at	ADP
ftr-463	1379	27	the	the	DET
ftr-463	1379	28	corporate	corporate	ADJ
ftr-463	1379	29	level	level	NOUN
ftr-463	1379	30	if	if	SCONJ
ftr-463	1379	31	doing	do	VERB
ftr-463	1379	32	so	so	ADV
ftr-463	1379	33	would	would	AUX
ftr-463	1379	34	result	result	VERB
ftr-463	1379	35	in	in	ADP
ftr-463	1379	36	taxing	tax	VERB
ftr-463	1379	37	target	target	NOUN
ftr-463	1379	38	shareholders	shareholder	NOUN
ftr-463	1379	39	deserving	deserving	ADJ
ftr-463	1379	40	of	of	ADP
ftr-463	1379	41	nonrecognition	nonrecognition	NOUN
ftr-463	1379	42	treatment	treatment	NOUN
ftr-463	1379	43	.	.	PUNCT
ftr-463	1380	1	the	the	DET
ftr-463	1380	2	seagram	seagram	NOUN
ftr-463	1380	3	case	case	NOUN
ftr-463	1380	4	and	and	CCONJ
ftr-463	1380	5	the	the	DET
ftr-463	1380	6	anti	anti	ADJ
ftr-463	1380	7	-	-	ADJ
ftr-463	1380	8	yoc	yoc	ADJ
ftr-463	1380	9	heating	heating	NOUN
ftr-463	1380	10	regulations	regulation	NOUN
ftr-463	1380	11	demonstrate	demonstrate	VERB
ftr-463	1380	12	this	this	DET
ftr-463	1380	13	point	point	NOUN
ftr-463	1380	14	best	well	ADV
ftr-463	1380	15	.	.	PUNCT
ftr-463	1381	1	at	at	ADP
ftr-463	1381	2	the	the	DET
ftr-463	1381	3	corporate	corporate	ADJ
ftr-463	1381	4	level	level	NOUN
ftr-463	1381	5	in	in	ADP
ftr-463	1381	6	seagram	seagram	NOUN
ftr-463	1381	7	,	,	PUNCT
ftr-463	1381	8	the	the	DET
ftr-463	1381	9	transaction	transaction	NOUN
ftr-463	1381	10	had	have	VERB
ftr-463	1381	11	all	all	PRON
ftr-463	1381	12	of	of	ADP
ftr-463	1381	13	the	the	DET
ftr-463	1381	14	hallmarks	hallmark	NOUN
ftr-463	1381	15	of	of	ADP
ftr-463	1381	16	a	a	DET
ftr-463	1381	17	reorganization	reorganization	NOUN
ftr-463	1381	18	.	.	PUNCT
ftr-463	1382	1	the	the	DET
ftr-463	1382	2	dupont	dupont	PROPN
ftr-463	1382	3	group	group	NOUN
ftr-463	1382	4	's	's	PART
ftr-463	1382	5	consideration	consideration	NOUN
ftr-463	1382	6	for	for	ADP
ftr-463	1382	7	conoco	conoco	PROPN
ftr-463	1382	8	's	's	PART
ftr-463	1382	9	assets	asset	NOUN
ftr-463	1382	10	consisted	consist	VERB
ftr-463	1382	11	over	over	ADP
ftr-463	1382	12	50	50	NUM
ftr-463	1382	13	%	%	NOUN
ftr-463	1382	14	of	of	ADP
ftr-463	1382	15	stock	stock	NOUN
ftr-463	1382	16	,	,	PUNCT
ftr-463	1382	17	which	which	PRON
ftr-463	1382	18	traditional	traditional	ADJ
ftr-463	1382	19	notions	notion	NOUN
ftr-463	1382	20	of	of	ADP
ftr-463	1382	21	continuity	continuity	NOUN
ftr-463	1382	22	regard	regard	NOUN
ftr-463	1382	23	as	as	ADP
ftr-463	1382	24	sufficient	sufficient	ADJ
ftr-463	1382	25	to	to	PART
ftr-463	1382	26	distinguish	distinguish	VERB
ftr-463	1382	27	the	the	DET
ftr-463	1382	28	acquisition	acquisition	NOUN
ftr-463	1382	29	from	from	ADP
ftr-463	1382	30	a	a	DET
ftr-463	1382	31	taxable	taxable	ADJ
ftr-463	1382	32	florida	florida	PROPN
ftr-463	1382	33	tax	tax	NOUN
ftr-463	1382	34	review	review	NOUN
ftr-463	1382	35	sale	sale	NOUN
ftr-463	1382	36	,	,	PUNCT
ftr-463	1382	37	and	and	CCONJ
ftr-463	1382	38	no	no	DET
ftr-463	1382	39	other	other	ADJ
ftr-463	1382	40	corporate	corporate	ADJ
ftr-463	1382	41	-	-	PUNCT
ftr-463	1382	42	level	level	NOUN
ftr-463	1382	43	considerations	consideration	NOUN
ftr-463	1382	44	were	be	AUX
ftr-463	1382	45	identified	identify	VERB
ftr-463	1382	46	that	that	PRON
ftr-463	1382	47	are	be	AUX
ftr-463	1382	48	inconsistent	inconsistent	ADJ
ftr-463	1382	49	with	with	ADP
ftr-463	1382	50	tax	tax	NOUN
ftr-463	1382	51	-	-	PUNCT
ftr-463	1382	52	free	free	ADJ
ftr-463	1382	53	treatment	treatment	NOUN
ftr-463	1382	54	.	.	PUNCT
ftr-463	1383	1	at	at	ADP
ftr-463	1383	2	the	the	DET
ftr-463	1383	3	shareholder	shareholder	NOUN
ftr-463	1383	4	level	level	NOUN
ftr-463	1383	5	,	,	PUNCT
ftr-463	1383	6	the	the	DET
ftr-463	1383	7	dupont	dupont	NOUN
ftr-463	1383	8	stock	stock	NOUN
ftr-463	1383	9	,	,	PUNCT
ftr-463	1383	10	while	while	SCONJ
ftr-463	1383	11	neither	neither	CCONJ
ftr-463	1383	12	illiquid	illiquid	ADJ
ftr-463	1383	13	nor	nor	CCONJ
ftr-463	1383	14	difficult	difficult	ADJ
ftr-463	1383	15	to	to	PART
ftr-463	1383	16	value	value	VERB
ftr-463	1383	17	,	,	PUNCT
ftr-463	1383	18	was	be	AUX
ftr-463	1383	19	received	receive	VERB
ftr-463	1383	20	under	under	ADP
ftr-463	1383	21	circumstances	circumstance	NOUN
ftr-463	1383	22	that	that	PRON
ftr-463	1383	23	are	be	AUX
ftr-463	1383	24	entirely	entirely	ADV
ftr-463	1383	25	consistent	consistent	ADJ
ftr-463	1383	26	with	with	ADP
ftr-463	1383	27	the	the	DET
ftr-463	1383	28	tax	tax	NOUN
ftr-463	1383	29	-	-	PUNCT
ftr-463	1383	30	free	free	ADJ
ftr-463	1383	31	treatment	treatment	NOUN
ftr-463	1383	32	of	of	ADP
ftr-463	1383	33	shareholders	shareholder	NOUN
ftr-463	1383	34	under	under	ADP
ftr-463	1383	35	the	the	DET
ftr-463	1383	36	reorganization	reorganization	NOUN
ftr-463	1383	37	provisions	provision	NOUN
ftr-463	1383	38	.	.	PUNCT
ftr-463	1384	1	application	application	NOUN
ftr-463	1384	2	of	of	ADP
ftr-463	1384	3	the	the	DET
ftr-463	1384	4	continuity	continuity	NOUN
ftr-463	1384	5	doctrine	doctrine	NOUN
ftr-463	1384	6	to	to	PART
ftr-463	1384	7	disqualify	disqualify	VERB
ftr-463	1384	8	the	the	DET
ftr-463	1384	9	reorganization	reorganization	NOUN
ftr-463	1384	10	therefore	therefore	ADV
ftr-463	1384	11	would	would	AUX
ftr-463	1384	12	not	not	PART
ftr-463	1384	13	advance	advance	VERB
ftr-463	1384	14	either	either	CCONJ
ftr-463	1384	15	corporateor	corporateor	NOUN
ftr-463	1384	16	shareholder	shareholder	NOUN
ftr-463	1384	17	-	-	PUNCT
ftr-463	1384	18	level	level	NOUN
ftr-463	1384	19	policies	policy	NOUN
ftr-463	1384	20	.	.	PUNCT
ftr-463	1385	1	to	to	ADP
ftr-463	1385	2	the	the	DET
ftr-463	1385	3	contrary	contrary	NOUN
ftr-463	1385	4	,	,	PUNCT
ftr-463	1385	5	the	the	DET
ftr-463	1385	6	doctrine	doctrine	NOUN
ftr-463	1385	7	,	,	PUNCT
ftr-463	1385	8	if	if	SCONJ
ftr-463	1385	9	applicable	applicable	ADJ
ftr-463	1385	10	,	,	PUNCT
ftr-463	1385	11	would	would	AUX
ftr-463	1385	12	permit	permit	VERB
ftr-463	1385	13	seagram	seagram	PROPN
ftr-463	1385	14	to	to	PART
ftr-463	1385	15	recognize	recognize	VERB
ftr-463	1385	16	a	a	DET
ftr-463	1385	17	loss	loss	NOUN
ftr-463	1385	18	in	in	ADP
ftr-463	1385	19	a	a	DET
ftr-463	1385	20	transaction	transaction	NOUN
ftr-463	1385	21	that	that	SCONJ
ftr-463	1385	22	,	,	PUNCT
ftr-463	1385	23	from	from	ADP
ftr-463	1385	24	its	its	PRON
ftr-463	1385	25	perspective	perspective	NOUN
ftr-463	1385	26	,	,	PUNCT
ftr-463	1385	27	is	be	AUX
ftr-463	1385	28	indistinguishable	indistinguishable	ADJ
ftr-463	1385	29	from	from	ADP
ftr-463	1385	30	any	any	DET
ftr-463	1385	31	other	other	ADJ
ftr-463	1385	32	taxfree	taxfree	ADJ
ftr-463	1385	33	transaction	transaction	NOUN
ftr-463	1385	34	and	and	CCONJ
ftr-463	1385	35	-	-	PUNCT
ftr-463	1385	36	owing	owe	VERB
ftr-463	1385	37	to	to	ADP
ftr-463	1385	38	the	the	DET
ftr-463	1385	39	blunt	blunt	ADJ
ftr-463	1385	40	nature	nature	NOUN
ftr-463	1385	41	of	of	ADP
ftr-463	1385	42	the	the	DET
ftr-463	1385	43	continuity	continuity	NOUN
ftr-463	1385	44	doctrine	doctrine	NOUN
ftr-463	1385	45	-	-	PUNCT
ftr-463	1385	46	could	could	AUX
ftr-463	1385	47	result	result	VERB
ftr-463	1385	48	in	in	ADP
ftr-463	1385	49	the	the	DET
ftr-463	1385	50	taxation	taxation	NOUN
ftr-463	1385	51	of	of	ADP
ftr-463	1385	52	conoco	conoco	PROPN
ftr-463	1385	53	and	and	CCONJ
ftr-463	1385	54	other	other	ADJ
ftr-463	1385	55	conoco	conoco	PROPN
ftr-463	1385	56	shareholders	shareholder	NOUN
ftr-463	1385	57	that	that	PRON
ftr-463	1385	58	received	receive	VERB
ftr-463	1385	59	dupont	dupont	NOUN
ftr-463	1385	60	stock	stock	NOUN
ftr-463	1385	61	.	.	PUNCT
ftr-463	1386	1	application	application	NOUN
ftr-463	1386	2	of	of	ADP
ftr-463	1386	3	the	the	DET
ftr-463	1386	4	continuity	continuity	NOUN
ftr-463	1386	5	of	of	ADP
ftr-463	1386	6	interest	interest	NOUN
ftr-463	1386	7	doctrine	doctrine	NOUN
ftr-463	1386	8	to	to	PART
ftr-463	1386	9	tax	tax	NOUN
ftr-463	1386	10	minority	minority	NOUN
ftr-463	1386	11	shareholders	shareholder	NOUN
ftr-463	1386	12	under	under	ADP
ftr-463	1386	13	the	the	DET
ftr-463	1386	14	anti	anti	ADJ
ftr-463	1386	15	-	-	ADJ
ftr-463	1386	16	yoc	yoc	NOUN
ftr-463	1386	17	heating	heating	NOUN
ftr-463	1386	18	regulations	regulation	NOUN
ftr-463	1386	19	is	be	AUX
ftr-463	1386	20	even	even	ADV
ftr-463	1386	21	more	more	ADV
ftr-463	1386	22	contrary	contrary	ADJ
ftr-463	1386	23	to	to	ADP
ftr-463	1386	24	congressional	congressional	ADJ
ftr-463	1386	25	policies	policy	NOUN
ftr-463	1386	26	.	.	PUNCT
ftr-463	1387	1	the	the	DET
ftr-463	1387	2	regulations	regulation	NOUN
ftr-463	1387	3	express	express	VERB
ftr-463	1387	4	a	a	DET
ftr-463	1387	5	policy	policy	NOUN
ftr-463	1387	6	decision	decision	NOUN
ftr-463	1387	7	,	,	PUNCT
ftr-463	1387	8	supported	support	VERB
ftr-463	1387	9	by	by	ADP
ftr-463	1387	10	the	the	DET
ftr-463	1387	11	legislative	legislative	ADJ
ftr-463	1387	12	history	history	NOUN
ftr-463	1387	13	to	to	PART
ftr-463	1387	14	section	section	NOUN
ftr-463	1387	15	338	338	NUM
ftr-463	1387	16	,	,	PUNCT
ftr-463	1387	17	that	that	SCONJ
ftr-463	1387	18	the	the	DET
ftr-463	1387	19	relevant	relevant	ADJ
ftr-463	1387	20	corporate	corporate	ADJ
ftr-463	1387	21	-	-	PUNCT
ftr-463	1387	22	level	level	NOUN
ftr-463	1387	23	policies	policy	NOUN
ftr-463	1387	24	support	support	VERB
ftr-463	1387	25	nonrecognition	nonrecognition	NOUN
ftr-463	1387	26	treatment	treatment	NOUN
ftr-463	1387	27	.	.	PUNCT
ftr-463	1388	1	yet	yet	ADV
ftr-463	1388	2	,	,	PUNCT
ftr-463	1388	3	regardless	regardless	ADV
ftr-463	1388	4	of	of	ADP
ftr-463	1388	5	the	the	DET
ftr-463	1388	6	shareholder	shareholder	NOUN
ftr-463	1388	7	level	level	NOUN
ftr-463	1388	8	policies	policy	NOUN
ftr-463	1388	9	that	that	PRON
ftr-463	1388	10	could	could	AUX
ftr-463	1388	11	be	be	AUX
ftr-463	1388	12	advanced	advance	VERB
ftr-463	1388	13	by	by	ADP
ftr-463	1388	14	nonrecognition	nonrecognition	NOUN
ftr-463	1388	15	treatment	treatment	NOUN
ftr-463	1388	16	(	(	PUNCT
ftr-463	1388	17	especially	especially	ADV
ftr-463	1388	18	if	if	SCONJ
ftr-463	1388	19	acquiror	acquiror	NOUN
ftr-463	1388	20	's	's	PART
ftr-463	1388	21	stock	stock	NOUN
ftr-463	1388	22	is	be	AUX
ftr-463	1388	23	illiquid	illiquid	ADJ
ftr-463	1388	24	and	and	CCONJ
ftr-463	1388	25	difficult	difficult	ADJ
ftr-463	1388	26	to	to	PART
ftr-463	1388	27	value	value	VERB
ftr-463	1388	28	)	)	PUNCT
ftr-463	1388	29	,	,	PUNCT
ftr-463	1388	30	the	the	DET
ftr-463	1388	31	regulations	regulation	NOUN
ftr-463	1388	32	apply	apply	VERB
ftr-463	1388	33	the	the	DET
ftr-463	1388	34	dull	dull	ADJ
ftr-463	1388	35	edge	edge	NOUN
ftr-463	1388	36	of	of	ADP
ftr-463	1388	37	continuity	continuity	NOUN
ftr-463	1388	38	to	to	PART
ftr-463	1388	39	tax	tax	VERB
ftr-463	1388	40	the	the	DET
ftr-463	1388	41	minority	minority	NOUN
ftr-463	1388	42	shareholders	shareholder	NOUN
ftr-463	1388	43	on	on	ADP
ftr-463	1388	44	purely	purely	ADV
ftr-463	1388	45	doctrinal	doctrinal	ADJ
ftr-463	1388	46	grounds	ground	NOUN
ftr-463	1388	47	.	.	PUNCT
ftr-463	1389	1	b.	b.	NOUN
ftr-463	1389	2	constructing	construct	VERB
ftr-463	1389	3	a	a	DET
ftr-463	1389	4	valid	valid	ADJ
ftr-463	1389	5	policy	policy	NOUN
ftr-463	1389	6	for	for	ADP
ftr-463	1389	7	a	a	DET
ftr-463	1389	8	strong	strong	ADJ
ftr-463	1389	9	form	form	NOUN
ftr-463	1389	10	of	of	ADP
ftr-463	1389	11	continuity	continuity	NOUN
ftr-463	1389	12	it	it	PRON
ftr-463	1389	13	is	be	AUX
ftr-463	1389	14	certainly	certainly	ADV
ftr-463	1389	15	possible	possible	ADJ
ftr-463	1389	16	to	to	PART
ftr-463	1389	17	conceive	conceive	VERB
ftr-463	1389	18	of	of	ADP
ftr-463	1389	19	a	a	DET
ftr-463	1389	20	policy	policy	NOUN
ftr-463	1389	21	rationale	rationale	NOUN
ftr-463	1389	22	for	for	ADP
ftr-463	1389	23	a	a	DET
ftr-463	1389	24	strong	strong	ADJ
ftr-463	1389	25	form	form	NOUN
ftr-463	1389	26	of	of	ADP
ftr-463	1389	27	the	the	DET
ftr-463	1389	28	continuity	continuity	NOUN
ftr-463	1389	29	doctrine	doctrine	NOUN
ftr-463	1389	30	that	that	PRON
ftr-463	1389	31	would	would	AUX
ftr-463	1389	32	deny	deny	VERB
ftr-463	1389	33	reorganization	reorganization	NOUN
ftr-463	1389	34	status	status	NOUN
ftr-463	1389	35	to	to	ADP
ftr-463	1389	36	a	a	DET
ftr-463	1389	37	corporation	corporation	NOUN
ftr-463	1389	38	undergoing	undergo	VERB
ftr-463	1389	39	significant	significant	ADJ
ftr-463	1389	40	equity	equity	NOUN
ftr-463	1389	41	shifts	shift	NOUN
ftr-463	1389	42	.	.	PUNCT
ftr-463	1390	1	historically	historically	ADV
ftr-463	1390	2	,	,	PUNCT
ftr-463	1390	3	our	our	PRON
ftr-463	1390	4	classical	classical	ADJ
ftr-463	1390	5	tax	tax	NOUN
ftr-463	1390	6	system	system	NOUN
ftr-463	1390	7	has	have	AUX
ftr-463	1390	8	tended	tend	VERB
ftr-463	1390	9	to	to	PART
ftr-463	1390	10	impose	impose	VERB
ftr-463	1390	11	a	a	DET
ftr-463	1390	12	corporate	corporate	ADJ
ftr-463	1390	13	level	level	NOUN
ftr-463	1390	14	of	of	ADP
ftr-463	1390	15	tax	tax	NOUN
ftr-463	1390	16	on	on	ADP
ftr-463	1390	17	those	those	DET
ftr-463	1390	18	entities	entity	NOUN
ftr-463	1390	19	whose	whose	DET
ftr-463	1390	20	interests	interest	NOUN
ftr-463	1390	21	are	be	AUX
ftr-463	1390	22	freely	freely	ADV
ftr-463	1390	23	transferable	transferable	ADJ
ftr-463	1390	24	.	.	PUNCT
ftr-463	1391	1	2	2	NUM
ftr-463	1391	2	°	°	NUM
ftr-463	1391	3	6	6	NUM
ftr-463	1391	4	today	today	NOUN
ftr-463	1391	5	,	,	PUNCT
ftr-463	1391	6	by	by	ADP
ftr-463	1391	7	virtue	virtue	NOUN
ftr-463	1391	8	of	of	ADP
ftr-463	1391	9	the	the	DET
ftr-463	1391	10	ease	ease	NOUN
ftr-463	1391	11	of	of	ADP
ftr-463	1391	12	qualifying	qualify	VERB
ftr-463	1391	13	an	an	DET
ftr-463	1391	14	entity	entity	NOUN
ftr-463	1391	15	as	as	ADP
ftr-463	1391	16	a	a	DET
ftr-463	1391	17	partnership	partnership	NOUN
ftr-463	1391	18	(	(	PUNCT
ftr-463	1391	19	including	include	VERB
ftr-463	1391	20	the	the	DET
ftr-463	1391	21	recently	recently	ADV
ftr-463	1391	22	proposed	propose	VERB
ftr-463	1391	23	check	check	NOUN
ftr-463	1391	24	-	-	PUNCT
ftr-463	1391	25	the	the	DET
ftr-463	1391	26	-	-	PUNCT
ftr-463	1391	27	box	box	NOUN
ftr-463	1391	28	regulations	regulation	NOUN
ftr-463	1391	29	)	)	PUNCT
ftr-463	1391	30	,	,	PUNCT
ftr-463	1391	31	2	2	NUM
ftr-463	1391	32	7	7	NUM
ftr-463	1391	33	the	the	DET
ftr-463	1391	34	corporate	corporate	ADJ
ftr-463	1391	35	-	-	PUNCT
ftr-463	1391	36	level	level	NOUN
ftr-463	1391	37	toll	toll	NOUN
ftr-463	1391	38	charge	charge	NOUN
ftr-463	1391	39	effectively	effectively	ADV
ftr-463	1391	40	applies	apply	VERB
ftr-463	1391	41	only	only	ADV
ftr-463	1391	42	to	to	ADP
ftr-463	1391	43	operating	operate	VERB
ftr-463	1391	44	entities	entity	NOUN
ftr-463	1391	45	whose	whose	DET
ftr-463	1391	46	interests	interest	NOUN
ftr-463	1391	47	are	be	AUX
ftr-463	1391	48	treated	treat	VERB
ftr-463	1391	49	as	as	ADP
ftr-463	1391	50	liquid	liquid	NOUN
ftr-463	1391	51	(	(	PUNCT
ftr-463	1391	52	publicly	publicly	ADV
ftr-463	1391	53	traded	trade	VERB
ftr-463	1391	54	)	)	PUNCT
ftr-463	1391	55	under	under	ADP
ftr-463	1391	56	section	section	NOUN
ftr-463	1391	57	7704	7704	NUM
ftr-463	1391	58	.	.	PUNCT
ftr-463	1392	1	to	to	ADP
ftr-463	1392	2	the	the	DET
ftr-463	1392	3	extent	extent	NOUN
ftr-463	1392	4	that	that	SCONJ
ftr-463	1392	5	the	the	DET
ftr-463	1392	6	reorganization	reorganization	NOUN
ftr-463	1392	7	provisions	provision	NOUN
ftr-463	1392	8	(	(	PUNCT
ftr-463	1392	9	by	by	ADP
ftr-463	1392	10	deferring	defer	VERB
ftr-463	1392	11	corporate	corporate	ADJ
ftr-463	1392	12	tax	tax	NOUN
ftr-463	1392	13	that	that	PRON
ftr-463	1392	14	would	would	AUX
ftr-463	1392	15	otherwise	otherwise	ADV
ftr-463	1392	16	be	be	AUX
ftr-463	1392	17	imposed	impose	VERB
ftr-463	1392	18	)	)	PUNCT
ftr-463	1392	19	represent	represent	VERB
ftr-463	1392	20	an	an	DET
ftr-463	1392	21	exception	exception	NOUN
ftr-463	1392	22	to	to	ADP
ftr-463	1392	23	the	the	DET
ftr-463	1392	24	corporate	corporate	ADJ
ftr-463	1392	25	-	-	PUNCT
ftr-463	1392	26	level	level	NOUN
ftr-463	1392	27	toll	toll	NOUN
ftr-463	1392	28	charge	charge	NOUN
ftr-463	1392	29	for	for	ADP
ftr-463	1392	30	liquidity	liquidity	NOUN
ftr-463	1392	31	,	,	PUNCT
ftr-463	1392	32	it	it	PRON
ftr-463	1392	33	may	may	AUX
ftr-463	1392	34	be	be	AUX
ftr-463	1392	35	appropriate	appropriate	ADJ
ftr-463	1392	36	to	to	PART
ftr-463	1392	37	condition	condition	VERB
ftr-463	1392	38	this	this	DET
ftr-463	1392	39	exception	exception	NOUN
ftr-463	1392	40	upon	upon	SCONJ
ftr-463	1392	41	the	the	DET
ftr-463	1392	42	equity	equity	NOUN
ftr-463	1392	43	holders	holder	NOUN
ftr-463	1392	44	foregoing	forego	VERB
ftr-463	1392	45	their	their	PRON
ftr-463	1392	46	liquidity	liquidity	NOUN
ftr-463	1392	47	for	for	ADP
ftr-463	1392	48	some	some	DET
ftr-463	1392	49	period	period	NOUN
ftr-463	1392	50	.	.	PUNCT
ftr-463	1393	1	the	the	DET
ftr-463	1393	2	continuity	continuity	NOUN
ftr-463	1393	3	doctrine	doctrine	NOUN
ftr-463	1393	4	is	be	AUX
ftr-463	1393	5	such	such	DET
ftr-463	1393	6	a	a	DET
ftr-463	1393	7	condition	condition	NOUN
ftr-463	1393	8	.	.	PUNCT
ftr-463	1394	1	206	206	NUM
ftr-463	1394	2	.	.	PUNCT
ftr-463	1395	1	see	see	VERB
ftr-463	1395	2	regs	reg	NOUN
ftr-463	1395	3	.	.	PUNCT
ftr-463	1396	1	§	§	PROPN
ftr-463	1396	2	301.7701	301.7701	NUM
ftr-463	1396	3	-	-	SYM
ftr-463	1396	4	2(e	2(e	NUM
ftr-463	1396	5	)	)	PUNCT
ftr-463	1396	6	(	(	PUNCT
ftr-463	1396	7	distinguishing	distinguish	VERB
ftr-463	1396	8	partnerships	partnership	NOUN
ftr-463	1396	9	from	from	ADP
ftr-463	1396	10	corporations	corporation	NOUN
ftr-463	1396	11	based	base	VERB
ftr-463	1396	12	on	on	ADP
ftr-463	1396	13	,	,	PUNCT
ftr-463	1396	14	among	among	ADP
ftr-463	1396	15	other	other	ADJ
ftr-463	1396	16	things	thing	NOUN
ftr-463	1396	17	,	,	PUNCT
ftr-463	1396	18	whether	whether	SCONJ
ftr-463	1396	19	their	their	PRON
ftr-463	1396	20	interests	interest	NOUN
ftr-463	1396	21	are	be	AUX
ftr-463	1396	22	freely	freely	ADV
ftr-463	1396	23	transferred	transfer	VERB
ftr-463	1396	24	)	)	PUNCT
ftr-463	1396	25	.	.	PUNCT
ftr-463	1397	1	207	207	NUM
ftr-463	1397	2	.	.	PUNCT
ftr-463	1398	1	see	see	VERB
ftr-463	1398	2	prop	prop	NOUN
ftr-463	1398	3	.	.	PUNCT
ftr-463	1399	1	regs	regs	PROPN
ftr-463	1399	2	.	.	PUNCT
ftr-463	1400	1	§	§	PROPN
ftr-463	1400	2	§	§	PROPN
ftr-463	1400	3	301.7701	301.7701	NUM
ftr-463	1400	4	-	-	SYM
ftr-463	1400	5	1	1	NUM
ftr-463	1400	6	to	to	ADP
ftr-463	1400	7	-3	-3	PUNCT
ftr-463	1400	8	.	.	PUNCT
ftr-463	1401	1	[	[	X
ftr-463	1401	2	vol	vol	NOUN
ftr-463	1401	3	3:5	3:5	NUM
ftr-463	1401	4	1996	1996	NUM
ftr-463	1401	5	]	]	PUNCT
ftr-463	1401	6	devolution	devolution	NOUN
ftr-463	1401	7	&	&	CCONJ
ftr-463	1401	8	inevitable	inevitable	ADJ
ftr-463	1401	9	ertinction	ertinction	NOUN
ftr-463	1401	10	of	of	ADP
ftr-463	1401	11	the	the	DET
ftr-463	1401	12	continuitn	continuitn	NOUN
ftr-463	1401	13	of	of	ADP
ftr-463	1401	14	interest	interest	NOUN
ftr-463	1401	15	doctrine	doctrine	NOUN
ftr-463	1401	16	249	249	NUM
ftr-463	1401	17	a	a	DET
ftr-463	1401	18	related	related	ADJ
ftr-463	1401	19	policy	policy	NOUN
ftr-463	1401	20	,	,	PUNCT
ftr-463	1401	21	expressed	express	VERB
ftr-463	1401	22	for	for	ADP
ftr-463	1401	23	partnerships	partnership	NOUN
ftr-463	1401	24	in	in	ADP
ftr-463	1401	25	section	section	NOUN
ftr-463	1401	26	708	708	NUM
ftr-463	1401	27	,	,	PUNCT
ftr-463	1401	28	measures	measure	VERB
ftr-463	1401	29	liquidity	liquidity	NOUN
ftr-463	1401	30	by	by	ADP
ftr-463	1401	31	actual	actual	ADJ
ftr-463	1401	32	transfers	transfer	NOUN
ftr-463	1401	33	and	and	CCONJ
ftr-463	1401	34	subjects	subject	NOUN
ftr-463	1401	35	to	to	PART
ftr-463	1401	36	tax	tax	VERB
ftr-463	1401	37	even	even	ADV
ftr-463	1401	38	equity	equity	NOUN
ftr-463	1401	39	holders	holder	NOUN
ftr-463	1401	40	that	that	PRON
ftr-463	1401	41	remain	remain	AUX
ftr-463	1401	42	invested	invest	VERB
ftr-463	1401	43	if	if	SCONJ
ftr-463	1401	44	the	the	DET
ftr-463	1401	45	ownership	ownership	NOUN
ftr-463	1401	46	of	of	ADP
ftr-463	1401	47	the	the	DET
ftr-463	1401	48	entity	entity	NOUN
ftr-463	1401	49	shifts	shift	NOUN
ftr-463	1401	50	significantly	significantly	ADV
ftr-463	1401	51	over	over	ADP
ftr-463	1401	52	a	a	DET
ftr-463	1401	53	short	short	ADJ
ftr-463	1401	54	period	period	NOUN
ftr-463	1401	55	of	of	ADP
ftr-463	1401	56	time	time	NOUN
ftr-463	1401	57	.	.	PUNCT
ftr-463	1402	1	continuity	continuity	NOUN
ftr-463	1402	2	could	could	AUX
ftr-463	1402	3	be	be	AUX
ftr-463	1402	4	considered	consider	VERB
ftr-463	1402	5	a	a	DET
ftr-463	1402	6	similar	similar	ADJ
ftr-463	1402	7	rule	rule	NOUN
ftr-463	1402	8	,	,	PUNCT
ftr-463	1402	9	subjecting	subject	VERB
ftr-463	1402	10	shareholders	shareholder	NOUN
ftr-463	1402	11	to	to	PART
ftr-463	1402	12	tax	tax	VERB
ftr-463	1402	13	if	if	SCONJ
ftr-463	1402	14	their	their	PRON
ftr-463	1402	15	brethren	brother	NOUN
ftr-463	1402	16	abuse	abuse	VERB
ftr-463	1402	17	the	the	DET
ftr-463	1402	18	transferability	transferability	NOUN
ftr-463	1402	19	privileges	privilege	NOUN
ftr-463	1402	20	enjoyed	enjoy	VERB
ftr-463	1402	21	by	by	ADP
ftr-463	1402	22	the	the	DET
ftr-463	1402	23	group	group	NOUN
ftr-463	1402	24	as	as	ADP
ftr-463	1402	25	a	a	DET
ftr-463	1402	26	whole.20	whole.20	PROPN
ftr-463	1402	27	however	however	ADV
ftr-463	1402	28	,	,	PUNCT
ftr-463	1402	29	if	if	SCONJ
ftr-463	1402	30	the	the	DET
ftr-463	1402	31	continuity	continuity	NOUN
ftr-463	1402	32	doctrine	doctrine	NOUN
ftr-463	1402	33	is	be	AUX
ftr-463	1402	34	a	a	DET
ftr-463	1402	35	system	system	NOUN
ftr-463	1402	36	for	for	ADP
ftr-463	1402	37	exacting	exact	VERB
ftr-463	1402	38	a	a	DET
ftr-463	1402	39	lock	lock	NOUN
ftr-463	1402	40	-	-	PUNCT
ftr-463	1402	41	up	up	NOUN
ftr-463	1402	42	of	of	ADP
ftr-463	1402	43	corporate	corporate	ADJ
ftr-463	1402	44	ownership	ownership	NOUN
ftr-463	1402	45	interests	interest	NOUN
ftr-463	1402	46	in	in	ADP
ftr-463	1402	47	exchange	exchange	NOUN
ftr-463	1402	48	for	for	ADP
ftr-463	1402	49	deferral	deferral	NOUN
ftr-463	1402	50	of	of	ADP
ftr-463	1402	51	corporate	corporate	ADJ
ftr-463	1402	52	-	-	PUNCT
ftr-463	1402	53	level	level	NOUN
ftr-463	1402	54	tax	tax	NOUN
ftr-463	1402	55	,	,	PUNCT
ftr-463	1402	56	one	one	PRON
ftr-463	1402	57	would	would	AUX
ftr-463	1402	58	expect	expect	VERB
ftr-463	1402	59	that	that	SCONJ
ftr-463	1402	60	a	a	DET
ftr-463	1402	61	target	target	NOUN
ftr-463	1402	62	corporation	corporation	NOUN
ftr-463	1402	63	and	and	CCONJ
ftr-463	1402	64	its	its	PRON
ftr-463	1402	65	shareholders	shareholder	NOUN
ftr-463	1402	66	should	should	AUX
ftr-463	1402	67	not	not	PART
ftr-463	1402	68	be	be	AUX
ftr-463	1402	69	able	able	ADJ
ftr-463	1402	70	,	,	PUNCT
ftr-463	1402	71	by	by	ADP
ftr-463	1402	72	failing	fail	VERB
ftr-463	1402	73	continuity	continuity	NOUN
ftr-463	1402	74	,	,	PUNCT
ftr-463	1402	75	to	to	PART
ftr-463	1402	76	recognize	recognize	VERB
ftr-463	1402	77	loss.109	loss.109	VERB
ftr-463	1402	78	moreover	moreover	ADV
ftr-463	1402	79	,	,	PUNCT
ftr-463	1402	80	if	if	SCONJ
ftr-463	1402	81	the	the	DET
ftr-463	1402	82	continuity	continuity	NOUN
ftr-463	1402	83	doctrine	doctrine	NOUN
ftr-463	1402	84	is	be	AUX
ftr-463	1402	85	a	a	DET
ftr-463	1402	86	mechanism	mechanism	NOUN
ftr-463	1402	87	for	for	ADP
ftr-463	1402	88	moderating	moderate	VERB
ftr-463	1402	89	the	the	DET
ftr-463	1402	90	toll	toll	NOUN
ftr-463	1402	91	charge	charge	NOUN
ftr-463	1402	92	when	when	SCONJ
ftr-463	1402	93	equity	equity	NOUN
ftr-463	1402	94	holders	holder	NOUN
ftr-463	1402	95	restrict	restrict	VERB
ftr-463	1402	96	transfers	transfer	NOUN
ftr-463	1402	97	of	of	ADP
ftr-463	1402	98	their	their	PRON
ftr-463	1402	99	interests	interest	NOUN
ftr-463	1402	100	,	,	PUNCT
ftr-463	1402	101	its	its	PRON
ftr-463	1402	102	application	application	NOUN
ftr-463	1402	103	is	be	AUX
ftr-463	1402	104	hopelessly	hopelessly	ADV
ftr-463	1402	105	imprecise	imprecise	ADJ
ftr-463	1402	106	.	.	PUNCT
ftr-463	1403	1	the	the	DET
ftr-463	1403	2	doctrine	doctrine	NOUN
ftr-463	1403	3	is	be	AUX
ftr-463	1403	4	an	an	DET
ftr-463	1403	5	absolute	absolute	ADJ
ftr-463	1403	6	test	test	NOUN
ftr-463	1403	7	:	:	PUNCT
ftr-463	1403	8	full	full	ADJ
ftr-463	1403	9	nonrecognition	nonrecognition	NOUN
ftr-463	1403	10	is	be	AUX
ftr-463	1403	11	permitted	permit	VERB
ftr-463	1403	12	for	for	ADP
ftr-463	1403	13	targets	target	NOUN
ftr-463	1403	14	experiencing	experience	VERB
ftr-463	1403	15	significant	significant	ADJ
ftr-463	1403	16	shifts	shift	NOUN
ftr-463	1403	17	in	in	ADP
ftr-463	1403	18	ownership	ownership	NOUN
ftr-463	1403	19	,	,	PUNCT
ftr-463	1403	20	so	so	ADV
ftr-463	1403	21	long	long	ADV
ftr-463	1403	22	as	as	SCONJ
ftr-463	1403	23	the	the	DET
ftr-463	1403	24	shifts	shift	NOUN
ftr-463	1403	25	are	be	AUX
ftr-463	1403	26	not	not	PART
ftr-463	1403	27	greater	great	ADJ
ftr-463	1403	28	than	than	ADP
ftr-463	1403	29	the	the	DET
ftr-463	1403	30	continuity	continuity	NOUN
ftr-463	1403	31	threshold	threshold	NOUN
ftr-463	1403	32	.	.	PUNCT
ftr-463	1404	1	on	on	ADP
ftr-463	1404	2	the	the	DET
ftr-463	1404	3	other	other	ADJ
ftr-463	1404	4	hand	hand	NOUN
ftr-463	1404	5	,	,	PUNCT
ftr-463	1404	6	the	the	DET
ftr-463	1404	7	target	target	NOUN
ftr-463	1404	8	and	and	CCONJ
ftr-463	1404	9	its	its	PRON
ftr-463	1404	10	shareholders	shareholder	NOUN
ftr-463	1404	11	are	be	AUX
ftr-463	1404	12	fully	fully	ADV
ftr-463	1404	13	taxed	tax	VERB
ftr-463	1404	14	on	on	ADP
ftr-463	1404	15	their	their	PRON
ftr-463	1404	16	gains	gain	NOUN
ftr-463	1404	17	if	if	SCONJ
ftr-463	1404	18	the	the	DET
ftr-463	1404	19	threshold	threshold	NOUN
ftr-463	1404	20	is	be	AUX
ftr-463	1404	21	exceeded	exceed	VERB
ftr-463	1404	22	by	by	ADP
ftr-463	1404	23	even	even	ADV
ftr-463	1404	24	one	one	NUM
ftr-463	1404	25	selling	sell	VERB
ftr-463	1404	26	shareholder	shareholder	NOUN
ftr-463	1404	27	.	.	PUNCT
ftr-463	1405	1	moreover	moreover	ADV
ftr-463	1405	2	,	,	PUNCT
ftr-463	1405	3	analogies	analogy	NOUN
ftr-463	1405	4	to	to	PART
ftr-463	1405	5	section	section	NOUN
ftr-463	1405	6	708	708	NUM
ftr-463	1405	7	are	be	AUX
ftr-463	1405	8	,	,	PUNCT
ftr-463	1405	9	on	on	ADP
ftr-463	1405	10	close	close	ADJ
ftr-463	1405	11	scrutiny	scrutiny	NOUN
ftr-463	1405	12	,	,	PUNCT
ftr-463	1405	13	inapposite	inapposite	ADJ
ftr-463	1405	14	.	.	PUNCT
ftr-463	1406	1	the	the	DET
ftr-463	1406	2	continuity	continuity	NOUN
ftr-463	1406	3	doctrine	doctrine	NOUN
ftr-463	1406	4	does	do	AUX
ftr-463	1406	5	not	not	PART
ftr-463	1406	6	depend	depend	VERB
ftr-463	1406	7	on	on	ADP
ftr-463	1406	8	the	the	DET
ftr-463	1406	9	relative	relative	ADJ
ftr-463	1406	10	percentage	percentage	NOUN
ftr-463	1406	11	interests	interest	NOUN
ftr-463	1406	12	of	of	ADP
ftr-463	1406	13	the	the	DET
ftr-463	1406	14	former	former	ADJ
ftr-463	1406	15	target	target	NOUN
ftr-463	1406	16	group	group	NOUN
ftr-463	1406	17	in	in	ADP
ftr-463	1406	18	the	the	DET
ftr-463	1406	19	new	new	ADJ
ftr-463	1406	20	combined	combined	ADJ
ftr-463	1406	21	enterprise	enterprise	NOUN
ftr-463	1406	22	;	;	PUNCT
ftr-463	1406	23	in	in	ADP
ftr-463	1406	24	contrast	contrast	NOUN
ftr-463	1406	25	to	to	ADP
ftr-463	1406	26	section	section	NOUN
ftr-463	1406	27	708	708	NUM
ftr-463	1406	28	,	,	PUNCT
ftr-463	1406	29	a	a	DET
ftr-463	1406	30	corporate	corporate	ADJ
ftr-463	1406	31	minnow	minnow	NOUN
ftr-463	1406	32	is	be	AUX
ftr-463	1406	33	permitted	permit	VERB
ftr-463	1406	34	to	to	PART
ftr-463	1406	35	swallow	swallow	VERB
ftr-463	1406	36	a	a	DET
ftr-463	1406	37	whale	whale	NOUN
ftr-463	1406	38	tax	tax	NOUN
ftr-463	1406	39	-	-	PUNCT
ftr-463	1406	40	free	free	ADJ
ftr-463	1406	41	without	without	ADP
ftr-463	1406	42	severing	sever	VERB
ftr-463	1406	43	continuity	continuity	NOUN
ftr-463	1406	44	.	.	PUNCT
ftr-463	1406	45	'	'	PUNCT
ftr-463	1407	1	0	0	NUM
ftr-463	1408	1	the	the	DET
ftr-463	1408	2	section	section	NOUN
ftr-463	1408	3	708	708	NUM
ftr-463	1408	4	comparison	comparison	NOUN
ftr-463	1408	5	breaks	break	VERB
ftr-463	1408	6	down	down	ADP
ftr-463	1408	7	entirely	entirely	ADV
ftr-463	1408	8	in	in	ADP
ftr-463	1408	9	the	the	DET
ftr-463	1408	10	context	context	NOUN
ftr-463	1408	11	of	of	ADP
ftr-463	1408	12	a	a	DET
ftr-463	1408	13	publicly	publicly	ADV
ftr-463	1408	14	traded	trade	VERB
ftr-463	1408	15	corporation	corporation	NOUN
ftr-463	1408	16	,	,	PUNCT
ftr-463	1408	17	where	where	SCONJ
ftr-463	1408	18	the	the	DET
ftr-463	1408	19	relationship	relationship	NOUN
ftr-463	1408	20	among	among	ADP
ftr-463	1408	21	shareholders	shareholder	NOUN
ftr-463	1408	22	regularly	regularly	ADV
ftr-463	1408	23	shifts	shift	NOUN
ftr-463	1408	24	without	without	ADP
ftr-463	1408	25	consequence	consequence	NOUN
ftr-463	1408	26	.	.	PUNCT
ftr-463	1409	1	placing	place	VERB
ftr-463	1409	2	significance	significance	NOUN
ftr-463	1409	3	on	on	ADP
ftr-463	1409	4	this	this	DET
ftr-463	1409	5	relationship	relationship	NOUN
ftr-463	1409	6	for	for	ADP
ftr-463	1409	7	nontrading	nontrade	VERB
ftr-463	1409	8	shareholders	shareholder	NOUN
ftr-463	1409	9	only	only	ADV
ftr-463	1409	10	proximate	proximate	VERB
ftr-463	1409	11	to	to	ADP
ftr-463	1409	12	an	an	DET
ftr-463	1409	13	acquisition	acquisition	NOUN
ftr-463	1409	14	is	be	AUX
ftr-463	1409	15	inappropriate	inappropriate	ADJ
ftr-463	1409	16	.	.	PUNCT
ftr-463	1410	1	finally	finally	ADV
ftr-463	1410	2	,	,	PUNCT
ftr-463	1410	3	this	this	DET
ftr-463	1410	4	rationale	rationale	NOUN
ftr-463	1410	5	for	for	ADP
ftr-463	1410	6	continuity	continuity	NOUN
ftr-463	1410	7	does	do	AUX
ftr-463	1410	8	not	not	PART
ftr-463	1410	9	embrace	embrace	VERB
ftr-463	1410	10	the	the	DET
ftr-463	1410	11	remote	remote	ADJ
ftr-463	1410	12	continuity	continuity	NOUN
ftr-463	1410	13	doctrine	doctrine	NOUN
ftr-463	1410	14	,	,	PUNCT
ftr-463	1410	15	which	which	PRON
ftr-463	1410	16	can	can	AUX
ftr-463	1410	17	break	break	VERB
ftr-463	1410	18	continuity	continuity	NOUN
ftr-463	1410	19	even	even	ADV
ftr-463	1410	20	if	if	SCONJ
ftr-463	1410	21	208	208	NUM
ftr-463	1410	22	.	.	PUNCT
ftr-463	1411	1	see	see	VERB
ftr-463	1411	2	stanley	stanley	PROPN
ftr-463	1411	3	s.	s.	PROPN
ftr-463	1411	4	surrey	surrey	PROPN
ftr-463	1411	5	&	&	CCONJ
ftr-463	1411	6	william	william	PROPN
ftr-463	1411	7	c.	c.	PROPN
ftr-463	1411	8	warren	warren	PROPN
ftr-463	1411	9	.	.	PUNCT
ftr-463	1412	1	federal	federal	ADJ
ftr-463	1412	2	income	income	NOUN
ftr-463	1412	3	taxation	taxation	PROPN
ftr-463	1412	4	1120	1120	NUM
ftr-463	1412	5	(	(	PUNCT
ftr-463	1412	6	1953	1953	NUM
ftr-463	1412	7	)	)	PUNCT
ftr-463	1412	8	(	(	PUNCT
ftr-463	1412	9	"	"	PUNCT
ftr-463	1412	10	the	the	DET
ftr-463	1412	11	congressional	congressional	ADJ
ftr-463	1412	12	policy	policy	NOUN
ftr-463	1412	13	is	be	AUX
ftr-463	1412	14	that	that	SCONJ
ftr-463	1412	15	while	while	SCONJ
ftr-463	1412	16	such	such	ADJ
ftr-463	1412	17	readjustments	readjustment	NOUN
ftr-463	1412	18	may	may	AUX
ftr-463	1412	19	produce	produce	VERB
ftr-463	1412	20	changes	change	NOUN
ftr-463	1412	21	in	in	ADP
ftr-463	1412	22	the	the	DET
ftr-463	1412	23	conduct	conduct	NOUN
ftr-463	1412	24	of	of	ADP
ftr-463	1412	25	a	a	DET
ftr-463	1412	26	business	business	NOUN
ftr-463	1412	27	enterprise	enterprise	NOUN
ftr-463	1412	28	,	,	PUNCT
ftr-463	1412	29	these	these	DET
ftr-463	1412	30	changes	change	NOUN
ftr-463	1412	31	do	do	AUX
ftr-463	1412	32	not	not	PART
ftr-463	1412	33	involve	involve	VERB
ftr-463	1412	34	a	a	DET
ftr-463	1412	35	change	change	NOUN
ftr-463	1412	36	in	in	ADP
ftr-463	1412	37	the	the	DET
ftr-463	1412	38	nature	nature	NOUN
ftr-463	1412	39	or	or	CCONJ
ftr-463	1412	40	character	character	NOUN
ftr-463	1412	41	of	of	ADP
ftr-463	1412	42	the	the	DET
ftr-463	1412	43	relation	relation	NOUN
ftr-463	1412	44	of	of	ADP
ftr-463	1412	45	the	the	DET
ftr-463	1412	46	owners	owner	NOUN
ftr-463	1412	47	of	of	ADP
ftr-463	1412	48	the	the	DET
ftr-463	1412	49	enterprise	enterprise	NOUN
ftr-463	1412	50	to	to	ADP
ftr-463	1412	51	that	that	DET
ftr-463	1412	52	enterprise	enterprise	NOUN
ftr-463	1412	53	sufficient	sufficient	ADJ
ftr-463	1412	54	to	to	PART
ftr-463	1412	55	warrant	warrant	VERB
ftr-463	1412	56	taxation	taxation	NOUN
ftr-463	1412	57	of	of	ADP
ftr-463	1412	58	gain	gain	NOUN
ftr-463	1412	59	[	[	X
ftr-463	1412	60	or	or	CCONJ
ftr-463	1412	61	]	]	X
ftr-463	1412	62	allowance	allowance	NOUN
ftr-463	1412	63	of	of	ADP
ftr-463	1412	64	loss	loss	NOUN
ftr-463	1412	65	"	"	PUNCT
ftr-463	1412	66	)	)	PUNCT
ftr-463	1412	67	.	.	PUNCT
ftr-463	1413	1	209	209	NUM
ftr-463	1413	2	.	.	PUNCT
ftr-463	1414	1	partners	partner	NOUN
ftr-463	1414	2	in	in	ADP
ftr-463	1414	3	an	an	DET
ftr-463	1414	4	operating	operating	NOUN
ftr-463	1414	5	partnership	partnership	NOUN
ftr-463	1414	6	(	(	PUNCT
ftr-463	1414	7	i.e.	i.e.	X
ftr-463	1414	8	,	,	PUNCT
ftr-463	1414	9	with	with	SCONJ
ftr-463	1414	10	assets	asset	NOUN
ftr-463	1414	11	other	other	ADJ
ftr-463	1414	12	than	than	ADP
ftr-463	1414	13	cash	cash	NOUN
ftr-463	1414	14	or	or	CCONJ
ftr-463	1414	15	marketable	marketable	ADJ
ftr-463	1414	16	securities	security	NOUN
ftr-463	1414	17	)	)	PUNCT
ftr-463	1414	18	that	that	PRON
ftr-463	1414	19	experiences	experience	VERB
ftr-463	1414	20	a	a	DET
ftr-463	1414	21	§	§	ADJ
ftr-463	1414	22	708	708	NUM
ftr-463	1414	23	event	event	NOUN
ftr-463	1414	24	are	be	AUX
ftr-463	1414	25	not	not	PART
ftr-463	1414	26	permitted	permit	VERB
ftr-463	1414	27	to	to	PART
ftr-463	1414	28	claim	claim	VERB
ftr-463	1414	29	a	a	DET
ftr-463	1414	30	loss	loss	NOUN
ftr-463	1414	31	.	.	PUNCT
ftr-463	1415	1	see	see	VERB
ftr-463	1415	2	irc	irc	ADV
ftr-463	1415	3	§	§	PROPN
ftr-463	1415	4	731(a)(2	731(a)(2	NOUN
ftr-463	1415	5	)	)	PUNCT
ftr-463	1415	6	.	.	PUNCT
ftr-463	1416	1	210	210	NUM
ftr-463	1416	2	.	.	PUNCT
ftr-463	1417	1	when	when	SCONJ
ftr-463	1417	2	partnerships	partnership	NOUN
ftr-463	1417	3	merge	merge	VERB
ftr-463	1417	4	,	,	PUNCT
ftr-463	1417	5	the	the	DET
ftr-463	1417	6	partnership	partnership	NOUN
ftr-463	1417	7	whose	whose	DET
ftr-463	1417	8	members	member	NOUN
ftr-463	1417	9	on	on	ADP
ftr-463	1417	10	more	more	ADJ
ftr-463	1417	11	than	than	ADP
ftr-463	1417	12	50	50	NUM
ftr-463	1417	13	%	%	NOUN
ftr-463	1417	14	of	of	ADP
ftr-463	1417	15	the	the	DET
ftr-463	1417	16	capital	capital	NOUN
ftr-463	1417	17	and	and	CCONJ
ftr-463	1417	18	profits	profit	NOUN
ftr-463	1417	19	interests	interest	NOUN
ftr-463	1417	20	in	in	ADP
ftr-463	1417	21	the	the	DET
ftr-463	1417	22	surviving	survive	VERB
ftr-463	1417	23	entity	entity	NOUN
ftr-463	1417	24	is	be	AUX
ftr-463	1417	25	deemed	deem	VERB
ftr-463	1417	26	to	to	PART
ftr-463	1417	27	continue	continue	VERB
ftr-463	1417	28	;	;	PUNCT
ftr-463	1417	29	the	the	DET
ftr-463	1417	30	other	other	ADJ
ftr-463	1417	31	partnership	partnership	NOUN
ftr-463	1417	32	terminates	terminates	AUX
ftr-463	1417	33	(	(	PUNCT
ftr-463	1417	34	possibly	possibly	ADV
ftr-463	1417	35	subjecting	subject	VERB
ftr-463	1417	36	its	its	PRON
ftr-463	1417	37	members	member	NOUN
ftr-463	1417	38	to	to	PART
ftr-463	1417	39	tax	tax	VERB
ftr-463	1417	40	)	)	PUNCT
ftr-463	1417	41	.	.	PUNCT
ftr-463	1418	1	irc	irc	PROPN
ftr-463	1418	2	§	§	PROPN
ftr-463	1418	3	708(b)t2)la	708(b)t2)la	NUM
ftr-463	1418	4	)	)	PUNCT
ftr-463	1418	5	.	.	PUNCT
ftr-463	1419	1	thus	thus	ADV
ftr-463	1419	2	,	,	PUNCT
ftr-463	1419	3	the	the	DET
ftr-463	1419	4	merger	merger	NOUN
ftr-463	1419	5	of	of	ADP
ftr-463	1419	6	a	a	DET
ftr-463	1419	7	tiny	tiny	ADJ
ftr-463	1419	8	partnership	partnership	NOUN
ftr-463	1419	9	into	into	ADP
ftr-463	1419	10	a	a	DET
ftr-463	1419	11	huge	huge	ADJ
ftr-463	1419	12	partnership	partnership	NOUN
ftr-463	1419	13	is	be	AUX
ftr-463	1419	14	taxable	taxable	ADJ
ftr-463	1419	15	for	for	ADP
ftr-463	1419	16	members	member	NOUN
ftr-463	1419	17	of	of	ADP
ftr-463	1419	18	the	the	DET
ftr-463	1419	19	tiny	tiny	ADJ
ftr-463	1419	20	partnership	partnership	NOUN
ftr-463	1419	21	;	;	PUNCT
ftr-463	1419	22	in	in	ADP
ftr-463	1419	23	contrast	contrast	NOUN
ftr-463	1419	24	,	,	PUNCT
ftr-463	1419	25	a	a	DET
ftr-463	1419	26	merger	merger	NOUN
ftr-463	1419	27	of	of	ADP
ftr-463	1419	28	a	a	DET
ftr-463	1419	29	tiny	tiny	ADJ
ftr-463	1419	30	target	target	NOUN
ftr-463	1419	31	corporation	corporation	NOUN
ftr-463	1419	32	into	into	ADP
ftr-463	1419	33	a	a	DET
ftr-463	1419	34	huge	huge	ADJ
ftr-463	1419	35	acquiror	acquiror	NOUN
ftr-463	1419	36	can	can	AUX
ftr-463	1419	37	be	be	AUX
ftr-463	1419	38	entirely	entirely	ADV
ftr-463	1419	39	tax	tax	NOUN
ftr-463	1419	40	-	-	PUNCT
ftr-463	1419	41	free	free	ADJ
ftr-463	1419	42	.	.	PUNCT
ftr-463	1420	1	moreover	moreover	ADV
ftr-463	1420	2	,	,	PUNCT
ftr-463	1420	3	recently	recently	ADV
ftr-463	1420	4	proposed	propose	VERB
ftr-463	1420	5	regulations	regulation	NOUN
ftr-463	1420	6	under	under	ADP
ftr-463	1420	7	§	§	PROPN
ftr-463	1420	8	708(b)(i)(b	708(b)(i)(b	NUM
ftr-463	1420	9	)	)	PUNCT
ftr-463	1420	10	would	would	AUX
ftr-463	1420	11	altogether	altogether	ADV
ftr-463	1420	12	eliminate	eliminate	VERB
ftr-463	1420	13	tax	tax	NOUN
ftr-463	1420	14	for	for	ADP
ftr-463	1420	15	partners	partner	NOUN
ftr-463	1420	16	whose	whose	DET
ftr-463	1420	17	partnership	partnership	NOUN
ftr-463	1420	18	experiences	experience	VERB
ftr-463	1420	19	a	a	DET
ftr-463	1420	20	§	§	ADJ
ftr-463	1420	21	708	708	NUM
ftr-463	1420	22	event	event	NOUN
ftr-463	1420	23	.	.	PUNCT
ftr-463	1421	1	see	see	VERB
ftr-463	1421	2	prop	prop	NOUN
ftr-463	1421	3	.	.	PUNCT
ftr-463	1422	1	regs	regs	PROPN
ftr-463	1422	2	.	.	PUNCT
ftr-463	1423	1	§	§	PROPN
ftr-463	1423	2	1.708	1.708	NUM
ftr-463	1423	3	-	-	SYM
ftr-463	1423	4	1(b)(1)(iv	1(b)(1)(iv	NUM
ftr-463	1423	5	)	)	PUNCT
ftr-463	1423	6	.	.	PUNCT
ftr-463	1424	1	florida	florida	PROPN
ftr-463	1424	2	tax	tax	PROPN
ftr-463	1424	3	review	review	NOUN
ftr-463	1424	4	the	the	DET
ftr-463	1424	5	target	target	NOUN
ftr-463	1424	6	's	's	PART
ftr-463	1424	7	shareholders	shareholder	NOUN
ftr-463	1424	8	retain	retain	VERB
ftr-463	1424	9	their	their	PRON
ftr-463	1424	10	acquiror	acquiror	NOUN
ftr-463	1424	11	stock	stock	NOUN
ftr-463	1424	12	and	and	CCONJ
ftr-463	1424	13	is	be	AUX
ftr-463	1424	14	without	without	ADP
ftr-463	1424	15	parallel	parallel	NOUN
ftr-463	1424	16	in	in	ADP
ftr-463	1424	17	subchapter	subchapter	PROPN
ftr-463	1424	18	k.	k.	PROPN
ftr-463	1424	19	c.	c.	PROPN
ftr-463	1425	1	alternative	alternative	PROPN
ftr-463	1425	2	conceptions	conception	NOUN
ftr-463	1425	3	of	of	ADP
ftr-463	1425	4	continuity	continuity	NOUN
ftr-463	1425	5	the	the	DET
ftr-463	1425	6	preceding	precede	VERB
ftr-463	1425	7	discussion	discussion	NOUN
ftr-463	1425	8	suggests	suggest	VERB
ftr-463	1425	9	that	that	SCONJ
ftr-463	1425	10	while	while	SCONJ
ftr-463	1425	11	the	the	DET
ftr-463	1425	12	continuity	continuity	NOUN
ftr-463	1425	13	doctrine	doctrine	NOUN
ftr-463	1425	14	is	be	AUX
ftr-463	1425	15	useful	useful	ADJ
ftr-463	1425	16	in	in	ADP
ftr-463	1425	17	some	some	DET
ftr-463	1425	18	limited	limited	ADJ
ftr-463	1425	19	form	form	NOUN
ftr-463	1425	20	to	to	PART
ftr-463	1425	21	distinguish	distinguish	VERB
ftr-463	1425	22	a	a	DET
ftr-463	1425	23	taxable	taxable	ADJ
ftr-463	1425	24	sale	sale	NOUN
ftr-463	1425	25	from	from	ADP
ftr-463	1425	26	a	a	DET
ftr-463	1425	27	tax	tax	NOUN
ftr-463	1425	28	-	-	PUNCT
ftr-463	1425	29	free	free	ADJ
ftr-463	1425	30	reorganization	reorganization	NOUN
ftr-463	1425	31	,	,	PUNCT
ftr-463	1425	32	the	the	DET
ftr-463	1425	33	current	current	ADJ
ftr-463	1425	34	doctrine	doctrine	NOUN
ftr-463	1425	35	has	have	VERB
ftr-463	1425	36	little	little	ADJ
ftr-463	1425	37	statutory	statutory	ADJ
ftr-463	1425	38	,	,	PUNCT
ftr-463	1425	39	historic	historic	ADJ
ftr-463	1425	40	,	,	PUNCT
ftr-463	1425	41	or	or	CCONJ
ftr-463	1425	42	tax	tax	NOUN
ftr-463	1425	43	policy	policy	NOUN
ftr-463	1425	44	basis	basis	NOUN
ftr-463	1425	45	.	.	PUNCT
ftr-463	1426	1	although	although	SCONJ
ftr-463	1426	2	conceivable	conceivable	ADJ
ftr-463	1426	3	policy	policy	NOUN
ftr-463	1426	4	rationales	rationale	NOUN
ftr-463	1426	5	for	for	ADP
ftr-463	1426	6	the	the	DET
ftr-463	1426	7	strong	strong	ADJ
ftr-463	1426	8	form	form	NOUN
ftr-463	1426	9	do	do	AUX
ftr-463	1426	10	exist	exist	VERB
ftr-463	1426	11	,	,	PUNCT
ftr-463	1426	12	they	they	PRON
ftr-463	1426	13	have	have	AUX
ftr-463	1426	14	never	never	ADV
ftr-463	1426	15	been	be	AUX
ftr-463	1426	16	articulated	articulate	VERB
ftr-463	1426	17	by	by	ADP
ftr-463	1426	18	congress	congress	PROPN
ftr-463	1426	19	or	or	CCONJ
ftr-463	1426	20	the	the	DET
ftr-463	1426	21	service	service	NOUN
ftr-463	1426	22	,	,	PUNCT
ftr-463	1426	23	and	and	CCONJ
ftr-463	1426	24	at	at	ADP
ftr-463	1426	25	best	good	ADJ
ftr-463	1426	26	are	be	AUX
ftr-463	1426	27	a	a	DET
ftr-463	1426	28	crude	crude	ADJ
ftr-463	1426	29	mechanism	mechanism	NOUN
ftr-463	1426	30	to	to	PART
ftr-463	1426	31	advance	advance	VERB
ftr-463	1426	32	those	those	DET
ftr-463	1426	33	policies	policy	NOUN
ftr-463	1426	34	.	.	PUNCT
ftr-463	1427	1	the	the	DET
ftr-463	1427	2	balance	balance	NOUN
ftr-463	1427	3	of	of	ADP
ftr-463	1427	4	this	this	DET
ftr-463	1427	5	part	part	NOUN
ftr-463	1427	6	suggests	suggest	VERB
ftr-463	1427	7	alternative	alternative	ADJ
ftr-463	1427	8	and	and	CCONJ
ftr-463	1427	9	limited	limited	ADJ
ftr-463	1427	10	conceptions	conception	NOUN
ftr-463	1427	11	of	of	ADP
ftr-463	1427	12	continuity	continuity	NOUN
ftr-463	1427	13	that	that	PRON
ftr-463	1427	14	could	could	AUX
ftr-463	1427	15	be	be	AUX
ftr-463	1427	16	the	the	DET
ftr-463	1427	17	basis	basis	NOUN
ftr-463	1427	18	for	for	ADP
ftr-463	1427	19	a	a	DET
ftr-463	1427	20	coherent	coherent	ADJ
ftr-463	1427	21	doctrine	doctrine	NOUN
ftr-463	1427	22	.	.	PUNCT
ftr-463	1428	1	1	1	X
ftr-463	1428	2	.	.	X
ftr-463	1428	3	the	the	DET
ftr-463	1428	4	corporate	corporate	ADJ
ftr-463	1428	5	lawyers	lawyer	NOUN
ftr-463	1428	6	'	'	PART
ftr-463	1428	7	approach	approach	NOUN
ftr-463	1428	8	of	of	ADP
ftr-463	1428	9	ginsburg	ginsburg	PROPN
ftr-463	1428	10	&	&	CCONJ
ftr-463	1428	11	levin.-professor	levin.-professor	PROPN
ftr-463	1428	12	martin	martin	PROPN
ftr-463	1428	13	d.	d.	PROPN
ftr-463	1428	14	ginsburg	ginsburg	PROPN
ftr-463	1428	15	and	and	CCONJ
ftr-463	1428	16	jack	jack	PROPN
ftr-463	1428	17	s.	s.	PROPN
ftr-463	1428	18	levin	levin	PROPN
ftr-463	1428	19	,	,	PUNCT
ftr-463	1428	20	in	in	ADP
ftr-463	1428	21	their	their	PRON
ftr-463	1428	22	seminal	seminal	ADJ
ftr-463	1428	23	treatise	treatise	NOUN
ftr-463	1428	24	on	on	ADP
ftr-463	1428	25	the	the	DET
ftr-463	1428	26	taxation	taxation	NOUN
ftr-463	1428	27	of	of	ADP
ftr-463	1428	28	corporate	corporate	ADJ
ftr-463	1428	29	transactions	transaction	NOUN
ftr-463	1428	30	,	,	PUNCT
ftr-463	1428	31	advocate	advocate	VERB
ftr-463	1428	32	a	a	DET
ftr-463	1428	33	restricted	restricted	ADJ
ftr-463	1428	34	but	but	CCONJ
ftr-463	1428	35	still	still	ADV
ftr-463	1428	36	strong	strong	ADJ
ftr-463	1428	37	form	form	NOUN
ftr-463	1428	38	of	of	ADP
ftr-463	1428	39	the	the	DET
ftr-463	1428	40	continuity	continuity	NOUN
ftr-463	1428	41	doctrine	doctrine	NOUN
ftr-463	1428	42	.	.	PUNCT
ftr-463	1429	1	they	they	PRON
ftr-463	1429	2	argue	argue	VERB
ftr-463	1429	3	that	that	SCONJ
ftr-463	1429	4	the	the	DET
ftr-463	1429	5	requirement	requirement	NOUN
ftr-463	1429	6	that	that	SCONJ
ftr-463	1429	7	the	the	DET
ftr-463	1429	8	target	target	NOUN
ftr-463	1429	9	shareholders	shareholder	NOUN
ftr-463	1429	10	as	as	ADP
ftr-463	1429	11	a	a	DET
ftr-463	1429	12	group	group	NOUN
ftr-463	1429	13	maintain	maintain	VERB
ftr-463	1429	14	a	a	DET
ftr-463	1429	15	substantial	substantial	ADJ
ftr-463	1429	16	equity	equity	NOUN
ftr-463	1429	17	participation	participation	NOUN
ftr-463	1429	18	in	in	ADP
ftr-463	1429	19	the	the	DET
ftr-463	1429	20	acquiror	acquiror	NOUN
ftr-463	1429	21	's	's	PART
ftr-463	1429	22	enterprise	enterprise	NOUN
ftr-463	1429	23	following	follow	VERB
ftr-463	1429	24	an	an	DET
ftr-463	1429	25	acquisition	acquisition	NOUN
ftr-463	1429	26	is	be	AUX
ftr-463	1429	27	good	good	ADJ
ftr-463	1429	28	tax	tax	NOUN
ftr-463	1429	29	policy.2'1	policy.2'1	NOUN
ftr-463	1429	30	in	in	ADP
ftr-463	1429	31	general	general	ADJ
ftr-463	1429	32	,	,	PUNCT
ftr-463	1429	33	they	they	PRON
ftr-463	1429	34	would	would	AUX
ftr-463	1429	35	abandon	abandon	VERB
ftr-463	1429	36	the	the	DET
ftr-463	1429	37	remote	remote	ADJ
ftr-463	1429	38	continuity	continuity	NOUN
ftr-463	1429	39	doctrine	doctrine	NOUN
ftr-463	1429	40	and	and	CCONJ
ftr-463	1429	41	measure	measure	VERB
ftr-463	1429	42	continuity	continuity	NOUN
ftr-463	1429	43	based	base	VERB
ftr-463	1429	44	on	on	ADP
ftr-463	1429	45	beneficial	beneficial	ADJ
ftr-463	1429	46	interests	interest	NOUN
ftr-463	1429	47	in	in	ADP
ftr-463	1429	48	the	the	DET
ftr-463	1429	49	target	target	NOUN
ftr-463	1429	50	,	,	PUNCT
ftr-463	1429	51	whether	whether	SCONJ
ftr-463	1429	52	directly	directly	ADV
ftr-463	1429	53	or	or	CCONJ
ftr-463	1429	54	indirectly	indirectly	ADV
ftr-463	1429	55	held.2	held.2	NOUN
ftr-463	1429	56	12	12	NUM
ftr-463	1429	57	they	they	PRON
ftr-463	1429	58	would	would	AUX
ftr-463	1429	59	codify	codify	VERB
ftr-463	1429	60	revenue	revenue	NOUN
ftr-463	1429	61	procedure	procedure	NOUN
ftr-463	1429	62	77	77	NUM
ftr-463	1429	63	-	-	SYM
ftr-463	1429	64	37	37	NUM
ftr-463	1429	65	as	as	ADP
ftr-463	1429	66	a	a	DET
ftr-463	1429	67	bright	bright	ADJ
ftr-463	1429	68	line	line	NOUN
ftr-463	1429	69	test	test	NOUN
ftr-463	1429	70	binding	bind	VERB
ftr-463	1429	71	the	the	DET
ftr-463	1429	72	service	service	NOUN
ftr-463	1429	73	and	and	CCONJ
ftr-463	1429	74	taxpayers	taxpayer	NOUN
ftr-463	1429	75	alike	alike	ADV
ftr-463	1429	76	.	.	PUNCT
ftr-463	1430	1	however	however	ADV
ftr-463	1430	2	,	,	PUNCT
ftr-463	1430	3	they	they	PRON
ftr-463	1430	4	support	support	VERB
ftr-463	1430	5	the	the	DET
ftr-463	1430	6	anti	anti	NOUN
ftr-463	1430	7	-	-	ADJ
ftr-463	1430	8	yoc	yoc	ADJ
ftr-463	1430	9	heating	heating	NOUN
ftr-463	1430	10	regulations	regulation	NOUN
ftr-463	1430	11	'	'	PART
ftr-463	1430	12	treatment	treatment	NOUN
ftr-463	1430	13	of	of	ADP
ftr-463	1430	14	the	the	DET
ftr-463	1430	15	minority	minority	NOUN
ftr-463	1430	16	shareholders	shareholder	NOUN
ftr-463	1430	17	in	in	ADP
ftr-463	1430	18	an	an	DET
ftr-463	1430	19	integrated	integrated	ADJ
ftr-463	1430	20	qualified	qualified	ADJ
ftr-463	1430	21	stock	stock	NOUN
ftr-463	1430	22	purchase	purchase	NOUN
ftr-463	1430	23	and	and	CCONJ
ftr-463	1430	24	merger.2	merger.2	NOUN
ftr-463	1430	25	3	3	NUM
ftr-463	1430	26	they	they	PRON
ftr-463	1430	27	would	would	AUX
ftr-463	1430	28	permit	permit	VERB
ftr-463	1430	29	taxpayers	taxpayer	NOUN
ftr-463	1430	30	to	to	PART
ftr-463	1430	31	assert	assert	VERB
ftr-463	1430	32	the	the	DET
ftr-463	1430	33	failure	failure	NOUN
ftr-463	1430	34	of	of	ADP
ftr-463	1430	35	continuity	continuity	NOUN
ftr-463	1430	36	on	on	ADP
ftr-463	1430	37	equal	equal	ADJ
ftr-463	1430	38	terms	term	NOUN
ftr-463	1430	39	with	with	ADP
ftr-463	1430	40	the	the	DET
ftr-463	1430	41	service	service	NOUN
ftr-463	1430	42	,	,	PUNCT
ftr-463	1430	43	and	and	CCONJ
ftr-463	1430	44	they	they	PRON
ftr-463	1430	45	argue	argue	VERB
ftr-463	1430	46	that	that	SCONJ
ftr-463	1430	47	the	the	DET
ftr-463	1430	48	taxpayer	taxpayer	NOUN
ftr-463	1430	49	should	should	AUX
ftr-463	1430	50	have	have	AUX
ftr-463	1430	51	prevailed	prevail	VERB
ftr-463	1430	52	in	in	ADP
ftr-463	1430	53	the	the	DET
ftr-463	1430	54	seagram	seagram	NOUN
ftr-463	1430	55	case.2	case.2	ADJ
ftr-463	1430	56	1	1	NUM
ftr-463	1430	57	4	4	NUM
ftr-463	1430	58	in	in	ADP
ftr-463	1430	59	many	many	ADJ
ftr-463	1430	60	respects	respect	NOUN
ftr-463	1430	61	,	,	PUNCT
ftr-463	1430	62	the	the	DET
ftr-463	1430	63	ginsburg	ginsburg	PROPN
ftr-463	1430	64	and	and	CCONJ
ftr-463	1430	65	levin	levin	PROPN
ftr-463	1430	66	position	position	NOUN
ftr-463	1430	67	represents	represent	VERB
ftr-463	1430	68	practitioners	practitioner	NOUN
ftr-463	1430	69	'	'	PART
ftr-463	1430	70	tempered	temper	VERB
ftr-463	1430	71	continuity	continuity	NOUN
ftr-463	1430	72	wish	wish	NOUN
ftr-463	1430	73	list	list	NOUN
ftr-463	1430	74	.	.	PUNCT
ftr-463	1431	1	by	by	ADP
ftr-463	1431	2	rejecting	reject	VERB
ftr-463	1431	3	remote	remote	ADJ
ftr-463	1431	4	continuity	continuity	NOUN
ftr-463	1431	5	,	,	PUNCT
ftr-463	1431	6	they	they	PRON
ftr-463	1431	7	disclaim	disclaim	VERB
ftr-463	1431	8	one	one	NUM
ftr-463	1431	9	aspect	aspect	NOUN
ftr-463	1431	10	of	of	ADP
ftr-463	1431	11	the	the	DET
ftr-463	1431	12	doctrine	doctrine	NOUN
ftr-463	1431	13	that	that	PRON
ftr-463	1431	14	most	most	ADV
ftr-463	1431	15	often	often	ADV
ftr-463	1431	16	interferes	interfere	VERB
ftr-463	1431	17	with	with	ADP
ftr-463	1431	18	legitimate	legitimate	ADJ
ftr-463	1431	19	business	business	NOUN
ftr-463	1431	20	structures	structure	NOUN
ftr-463	1431	21	.	.	PUNCT
ftr-463	1432	1	by	by	ADP
ftr-463	1432	2	arguing	argue	VERB
ftr-463	1432	3	for	for	ADP
ftr-463	1432	4	codification	codification	NOUN
ftr-463	1432	5	of	of	ADP
ftr-463	1432	6	revenue	revenue	NOUN
ftr-463	1432	7	procedure	procedure	NOUN
ftr-463	1432	8	77	77	NUM
ftr-463	1432	9	-	-	SYM
ftr-463	1432	10	37	37	NUM
ftr-463	1432	11	,	,	PUNCT
ftr-463	1432	12	they	they	PRON
ftr-463	1432	13	express	express	VERB
ftr-463	1432	14	the	the	DET
ftr-463	1432	15	tax	tax	NOUN
ftr-463	1432	16	lawyer	lawyer	NOUN
ftr-463	1432	17	's	's	PART
ftr-463	1432	18	preference	preference	NOUN
ftr-463	1432	19	for	for	ADP
ftr-463	1432	20	clear	clear	ADJ
ftr-463	1432	21	rules	rule	NOUN
ftr-463	1432	22	that	that	PRON
ftr-463	1432	23	do	do	AUX
ftr-463	1432	24	not	not	PART
ftr-463	1432	25	impede	impede	VERB
ftr-463	1432	26	most	most	ADJ
ftr-463	1432	27	transactions	transaction	NOUN
ftr-463	1432	28	,	,	PUNCT
ftr-463	1432	29	as	as	ADV
ftr-463	1432	30	well	well	ADV
ftr-463	1432	31	as	as	ADP
ftr-463	1432	32	the	the	DET
ftr-463	1432	33	savvy	savvy	ADJ
ftr-463	1432	34	realization	realization	NOUN
ftr-463	1432	35	that	that	SCONJ
ftr-463	1432	36	wars	war	NOUN
ftr-463	1432	37	are	be	AUX
ftr-463	1432	38	won	win	VERB
ftr-463	1432	39	battle	battle	NOUN
ftr-463	1432	40	by	by	ADP
ftr-463	1432	41	battle	battle	NOUN
ftr-463	1432	42	.	.	PUNCT
ftr-463	1433	1	their	their	PRON
ftr-463	1433	2	failure	failure	NOUN
ftr-463	1433	3	to	to	PART
ftr-463	1433	4	criticize	criticize	VERB
ftr-463	1433	5	the	the	DET
ftr-463	1433	6	taxation	taxation	NOUN
ftr-463	1433	7	of	of	ADP
ftr-463	1433	8	minority	minority	NOUN
ftr-463	1433	9	shareholders	shareholder	NOUN
ftr-463	1433	10	under	under	ADP
ftr-463	1433	11	the	the	DET
ftr-463	1433	12	anti	anti	ADJ
ftr-463	1433	13	-	-	ADJ
ftr-463	1433	14	yoc	yoc	NOUN
ftr-463	1433	15	heating	heating	NOUN
ftr-463	1433	16	regulations	regulation	NOUN
ftr-463	1433	17	may	may	AUX
ftr-463	1433	18	reflect	reflect	VERB
ftr-463	1433	19	the	the	DET
ftr-463	1433	20	nature	nature	NOUN
ftr-463	1433	21	of	of	ADP
ftr-463	1433	22	their	their	PRON
ftr-463	1433	23	client	client	NOUN
ftr-463	1433	24	base	base	NOUN
ftr-463	1433	25	:	:	PUNCT
ftr-463	1433	26	typically	typically	ADV
ftr-463	1433	27	,	,	PUNCT
ftr-463	1433	28	acquirors	acquiror	NOUN
ftr-463	1433	29	and	and	CCONJ
ftr-463	1433	30	targets	target	NOUN
ftr-463	1433	31	who	who	PRON
ftr-463	1433	32	benefit	benefit	VERB
ftr-463	1433	33	from	from	ADP
ftr-463	1433	34	the	the	DET
ftr-463	1433	35	rule	rule	NOUN
ftr-463	1433	36	,	,	PUNCT
ftr-463	1433	37	rather	rather	ADV
ftr-463	1433	38	than	than	ADP
ftr-463	1433	39	minority	minority	NOUN
ftr-463	1433	40	shareholders	shareholder	NOUN
ftr-463	1433	41	who	who	PRON
ftr-463	1433	42	are	be	AUX
ftr-463	1433	43	harmed	harm	VERB
ftr-463	1433	44	.	.	PUNCT
ftr-463	1434	1	and	and	CCONJ
ftr-463	1434	2	,	,	PUNCT
ftr-463	1434	3	their	their	PRON
ftr-463	1434	4	unequivocal	unequivocal	ADJ
ftr-463	1434	5	211	211	NUM
ftr-463	1434	6	.	.	PUNCT
ftr-463	1435	1	ginsburg	ginsburg	PROPN
ftr-463	1435	2	&	&	CCONJ
ftr-463	1435	3	levin	levin	PROPN
ftr-463	1435	4	,	,	PUNCT
ftr-463	1435	5	supra	supra	PROPN
ftr-463	1435	6	note	note	PROPN
ftr-463	1435	7	1	1	NUM
ftr-463	1435	8	,	,	PUNCT
ftr-463	1435	9	§	§	PROPN
ftr-463	1435	10	610	610	NUM
ftr-463	1435	11	at	at	ADP
ftr-463	1435	12	566	566	NUM
ftr-463	1435	13	.	.	PUNCT
ftr-463	1435	14	212	212	NUM
ftr-463	1435	15	.	.	PUNCT
ftr-463	1436	1	i	i	PRON
ftr-463	1436	2	d.	d.	PROPN
ftr-463	1436	3	§	§	PROPN
ftr-463	1436	4	§	§	PROPN
ftr-463	1436	5	610.11.1	610.11.1	NOUN
ftr-463	1436	6	-	-	PUNCT
ftr-463	1436	7	610.11.3	610.11.3	NOUN
ftr-463	1436	8	at	at	ADP
ftr-463	1436	9	630	630	NUM
ftr-463	1436	10	-	-	SYM
ftr-463	1436	11	37	37	NUM
ftr-463	1436	12	.	.	PUNCT
ftr-463	1436	13	213	213	NUM
ftr-463	1436	14	.	.	PUNCT
ftr-463	1437	1	i	i	PRON
ftr-463	1437	2	d.	d.	PROPN
ftr-463	1437	3	§	§	PROPN
ftr-463	1437	4	610.19	610.19	NUM
ftr-463	1437	5	at	at	ADP
ftr-463	1437	6	612	612	NUM
ftr-463	1437	7	.	.	PUNCT
ftr-463	1438	1	214	214	NUM
ftr-463	1438	2	.	.	PUNCT
ftr-463	1439	1	i	i	PRON
ftr-463	1439	2	d.	d.	PROPN
ftr-463	1439	3	§	§	PROPN
ftr-463	1439	4	610	610	NUM
ftr-463	1439	5	at	at	ADP
ftr-463	1439	6	626	626	NUM
ftr-463	1439	7	-	-	SYM
ftr-463	1439	8	30	30	NUM
ftr-463	1439	9	.	.	PUNCT
ftr-463	1440	1	[	[	X
ftr-463	1440	2	vol	vol	NOUN
ftr-463	1440	3	3:5	3:5	NUM
ftr-463	1440	4	1996	1996	NUM
ftr-463	1440	5	]	]	PUNCT
ftr-463	1440	6	devolution	devolution	NOUN
ftr-463	1440	7	&	&	CCONJ
ftr-463	1440	8	inevitable	inevitable	ADJ
ftr-463	1440	9	ertinction	ertinction	NOUN
ftr-463	1440	10	of	of	ADP
ftr-463	1440	11	the	the	DET
ftr-463	1440	12	contihuityl	contihuityl	NOUN
ftr-463	1440	13	.	.	PUNCT
ftr-463	1440	14	of	of	ADP
ftr-463	1440	15	interest	interest	NOUN
ftr-463	1440	16	doctrine	doctrine	NOUN
ftr-463	1440	17	251	251	NUM
ftr-463	1440	18	support	support	NOUN
ftr-463	1440	19	for	for	ADP
ftr-463	1440	20	a	a	DET
ftr-463	1440	21	doctrine	doctrine	NOUN
ftr-463	1440	22	that	that	PRON
ftr-463	1440	23	permits	permit	VERB
ftr-463	1440	24	taxpayers	taxpayer	NOUN
ftr-463	1440	25	to	to	PART
ftr-463	1440	26	elect	elect	VERB
ftr-463	1440	27	in	in	ADP
ftr-463	1440	28	and	and	CCONJ
ftr-463	1440	29	out	out	ADP
ftr-463	1440	30	of	of	ADP
ftr-463	1440	31	reorganization	reorganization	NOUN
ftr-463	1440	32	treatment	treatment	NOUN
ftr-463	1440	33	by	by	ADP
ftr-463	1440	34	invoking	invoke	VERB
ftr-463	1440	35	continuity	continuity	NOUN
ftr-463	1440	36	(	(	PUNCT
ftr-463	1440	37	even	even	ADV
ftr-463	1440	38	if	if	SCONJ
ftr-463	1440	39	that	that	DET
ftr-463	1440	40	treatment	treatment	NOUN
ftr-463	1440	41	is	be	AUX
ftr-463	1440	42	inconsistent	inconsistent	ADJ
ftr-463	1440	43	with	with	ADP
ftr-463	1440	44	the	the	DET
ftr-463	1440	45	treatment	treatment	NOUN
ftr-463	1440	46	accorded	accord	VERB
ftr-463	1440	47	to	to	ADP
ftr-463	1440	48	other	other	ADJ
ftr-463	1440	49	parties	party	NOUN
ftr-463	1440	50	to	to	ADP
ftr-463	1440	51	the	the	DET
ftr-463	1440	52	transaction	transaction	NOUN
ftr-463	1440	53	)	)	PUNCT
ftr-463	1440	54	reflects	reflect	VERB
ftr-463	1440	55	their	their	PRON
ftr-463	1440	56	desire	desire	NOUN
ftr-463	1440	57	to	to	PART
ftr-463	1440	58	retain	retain	VERB
ftr-463	1440	59	maximum	maximum	ADJ
ftr-463	1440	60	flexibility	flexibility	NOUN
ftr-463	1440	61	for	for	ADP
ftr-463	1440	62	their	their	PRON
ftr-463	1440	63	corporate	corporate	ADJ
ftr-463	1440	64	clients	client	NOUN
ftr-463	1440	65	who	who	PRON
ftr-463	1440	66	might	might	AUX
ftr-463	1440	67	alternatively	alternatively	ADV
ftr-463	1440	68	wish	wish	VERB
ftr-463	1440	69	to	to	PART
ftr-463	1440	70	defer	defer	VERB
ftr-463	1440	71	gain	gain	NOUN
ftr-463	1440	72	or	or	CCONJ
ftr-463	1440	73	recognize	recognize	VERB
ftr-463	1440	74	loss	loss	NOUN
ftr-463	1440	75	.	.	PUNCT
ftr-463	1441	1	although	although	SCONJ
ftr-463	1441	2	ginsburg	ginsburg	PROPN
ftr-463	1441	3	&	&	CCONJ
ftr-463	1441	4	levin	levin	PROPN
ftr-463	1441	5	's	's	PART
ftr-463	1441	6	suggestions	suggestion	NOUN
ftr-463	1441	7	would	would	AUX
ftr-463	1441	8	introduce	introduce	VERB
ftr-463	1441	9	modest	modest	ADJ
ftr-463	1441	10	improvements	improvement	NOUN
ftr-463	1441	11	in	in	ADP
ftr-463	1441	12	current	current	ADJ
ftr-463	1441	13	law	law	NOUN
ftr-463	1441	14	,	,	PUNCT
ftr-463	1441	15	they	they	PRON
ftr-463	1441	16	do	do	AUX
ftr-463	1441	17	not	not	PART
ftr-463	1441	18	appear	appear	VERB
ftr-463	1441	19	to	to	PART
ftr-463	1441	20	be	be	AUX
ftr-463	1441	21	supported	support	VERB
ftr-463	1441	22	by	by	ADP
ftr-463	1441	23	any	any	DET
ftr-463	1441	24	comprehensive	comprehensive	ADJ
ftr-463	1441	25	policy	policy	NOUN
ftr-463	1441	26	or	or	CCONJ
ftr-463	1441	27	basis	basis	NOUN
ftr-463	1441	28	.	.	PUNCT
ftr-463	1442	1	also	also	ADV
ftr-463	1442	2	,	,	PUNCT
ftr-463	1442	3	they	they	PRON
ftr-463	1442	4	would	would	AUX
ftr-463	1442	5	perpetuate	perpetuate	VERB
ftr-463	1442	6	many	many	ADJ
ftr-463	1442	7	of	of	ADP
ftr-463	1442	8	the	the	DET
ftr-463	1442	9	detrimental	detrimental	ADJ
ftr-463	1442	10	consequences	consequence	NOUN
ftr-463	1442	11	of	of	ADP
ftr-463	1442	12	the	the	DET
ftr-463	1442	13	continuity	continuity	NOUN
ftr-463	1442	14	doctrine	doctrine	NOUN
ftr-463	1442	15	described	describe	VERB
ftr-463	1442	16	above	above	ADV
ftr-463	1442	17	in	in	ADP
ftr-463	1442	18	part	part	NOUN
ftr-463	1442	19	v.a	v.a	PROPN
ftr-463	1442	20	.	.	PROPN
ftr-463	1442	21	2	2	NUM
ftr-463	1442	22	.	.	X
ftr-463	1442	23	continuity	continuity	NOUN
ftr-463	1442	24	as	as	ADP
ftr-463	1442	25	an	an	DET
ftr-463	1442	26	anti	anti	ADJ
ftr-463	1442	27	-	-	ADJ
ftr-463	1442	28	abuse	abuse	ADJ
ftr-463	1442	29	ruie.-recent	ruie.-recent	ADJ
ftr-463	1442	30	administrative	administrative	ADJ
ftr-463	1442	31	practice	practice	NOUN
ftr-463	1442	32	suggests	suggest	VERB
ftr-463	1442	33	that	that	SCONJ
ftr-463	1442	34	if	if	SCONJ
ftr-463	1442	35	the	the	DET
ftr-463	1442	36	continuity	continuity	NOUN
ftr-463	1442	37	doctrine	doctrine	NOUN
ftr-463	1442	38	were	be	AUX
ftr-463	1442	39	first	first	ADV
ftr-463	1442	40	introduced	introduce	VERB
ftr-463	1442	41	today	today	NOUN
ftr-463	1442	42	,	,	PUNCT
ftr-463	1442	43	it	it	PRON
ftr-463	1442	44	would	would	AUX
ftr-463	1442	45	be	be	AUX
ftr-463	1442	46	phrased	phrase	VERB
ftr-463	1442	47	as	as	ADP
ftr-463	1442	48	an	an	DET
ftr-463	1442	49	anti	anti	ADJ
ftr-463	1442	50	-	-	ADJ
ftr-463	1442	51	abuse	abuse	ADJ
ftr-463	1442	52	rule	rule	NOUN
ftr-463	1442	53	whose	whose	DET
ftr-463	1442	54	failure	failure	NOUN
ftr-463	1442	55	would	would	AUX
ftr-463	1442	56	permit	permit	VERB
ftr-463	1442	57	the	the	DET
ftr-463	1442	58	service	service	NOUN
ftr-463	1442	59	to	to	PART
ftr-463	1442	60	bust	bust	VERB
ftr-463	1442	61	an	an	DET
ftr-463	1442	62	otherwise	otherwise	ADV
ftr-463	1442	63	qualifying	qualify	VERB
ftr-463	1442	64	reorganization	reorganization	NOUN
ftr-463	1442	65	,	,	PUNCT
ftr-463	1442	66	but	but	CCONJ
ftr-463	1442	67	would	would	AUX
ftr-463	1442	68	not	not	PART
ftr-463	1442	69	be	be	AUX
ftr-463	1442	70	available	available	ADJ
ftr-463	1442	71	to	to	ADP
ftr-463	1442	72	the	the	DET
ftr-463	1442	73	target	target	NOUN
ftr-463	1442	74	or	or	CCONJ
ftr-463	1442	75	its	its	PRON
ftr-463	1442	76	shareholders	shareholder	NOUN
ftr-463	1442	77	as	as	ADP
ftr-463	1442	78	a	a	DET
ftr-463	1442	79	basis	basis	NOUN
ftr-463	1442	80	for	for	ADP
ftr-463	1442	81	deducting	deduct	VERB
ftr-463	1442	82	a	a	DET
ftr-463	1442	83	loss	loss	NOUN
ftr-463	1442	84	on	on	ADP
ftr-463	1442	85	a	a	DET
ftr-463	1442	86	transaction	transaction	NOUN
ftr-463	1442	87	that	that	PRON
ftr-463	1442	88	otherwise	otherwise	ADV
ftr-463	1442	89	meets	meet	VERB
ftr-463	1442	90	the	the	DET
ftr-463	1442	91	statutory	statutory	ADJ
ftr-463	1442	92	reorganization	reorganization	NOUN
ftr-463	1442	93	definition	definition	NOUN
ftr-463	1442	94	.	.	PUNCT
ftr-463	1443	1	'	'	PUNCT
ftr-463	1443	2	1	1	NUM
ftr-463	1443	3	transforming	transform	VERB
ftr-463	1443	4	the	the	DET
ftr-463	1443	5	continuity	continuity	NOUN
ftr-463	1443	6	doctrine	doctrine	NOUN
ftr-463	1443	7	into	into	ADP
ftr-463	1443	8	an	an	DET
ftr-463	1443	9	anti	anti	ADJ
ftr-463	1443	10	-	-	ADJ
ftr-463	1443	11	abuse	abuse	ADJ
ftr-463	1443	12	rule	rule	NOUN
ftr-463	1443	13	would	would	AUX
ftr-463	1443	14	be	be	AUX
ftr-463	1443	15	consistent	consistent	ADJ
ftr-463	1443	16	with	with	ADP
ftr-463	1443	17	cortland	cortland	PROPN
ftr-463	1443	18	and	and	CCONJ
ftr-463	1443	19	pinellas	pinellas	PROPN
ftr-463	1443	20	,	,	PUNCT
ftr-463	1443	21	which	which	PRON
ftr-463	1443	22	fashioned	fashion	VERB
ftr-463	1443	23	the	the	DET
ftr-463	1443	24	doctrine	doctrine	NOUN
ftr-463	1443	25	to	to	PART
ftr-463	1443	26	prevent	prevent	VERB
ftr-463	1443	27	taxpayers	taxpayer	NOUN
ftr-463	1443	28	from	from	ADP
ftr-463	1443	29	obtaining	obtain	VERB
ftr-463	1443	30	reorganization	reorganization	NOUN
ftr-463	1443	31	treatment	treatment	NOUN
ftr-463	1443	32	for	for	ADP
ftr-463	1443	33	transactions	transaction	NOUN
ftr-463	1443	34	that	that	PRON
ftr-463	1443	35	are	be	AUX
ftr-463	1443	36	,	,	PUNCT
ftr-463	1443	37	in	in	ADP
ftr-463	1443	38	substance	substance	NOUN
ftr-463	1443	39	,	,	PUNCT
ftr-463	1443	40	taxable	taxable	ADJ
ftr-463	1443	41	sales	sale	NOUN
ftr-463	1443	42	.	.	PUNCT
ftr-463	1444	1	it	it	PRON
ftr-463	1444	2	would	would	AUX
ftr-463	1444	3	,	,	PUNCT
ftr-463	1444	4	however	however	ADV
ftr-463	1444	5	,	,	PUNCT
ftr-463	1444	6	run	run	VERB
ftr-463	1444	7	contrary	contrary	ADV
ftr-463	1444	8	to	to	ADP
ftr-463	1444	9	heintz	heintz	PROPN
ftr-463	1444	10	and	and	CCONJ
ftr-463	1444	11	mcdonald	mcdonald	PROPN
ftr-463	1444	12	's	's	PART
ftr-463	1444	13	,	,	PUNCT
ftr-463	1444	14	which	which	PRON
ftr-463	1444	15	suggest	suggest	VERB
ftr-463	1444	16	that	that	SCONJ
ftr-463	1444	17	continuity	continuity	NOUN
ftr-463	1444	18	is	be	AUX
ftr-463	1444	19	equally	equally	ADV
ftr-463	1444	20	available	available	ADJ
ftr-463	1444	21	to	to	ADP
ftr-463	1444	22	taxpayers	taxpayer	NOUN
ftr-463	1444	23	.	.	PUNCT
ftr-463	1445	1	it	it	PRON
ftr-463	1445	2	would	would	AUX
ftr-463	1445	3	also	also	ADV
ftr-463	1445	4	be	be	AUX
ftr-463	1445	5	inconsistent	inconsistent	ADJ
ftr-463	1445	6	with	with	ADP
ftr-463	1445	7	the	the	DET
ftr-463	1445	8	integrated	integrate	VERB
ftr-463	1445	9	transaction	transaction	NOUN
ftr-463	1445	10	cases	case	NOUN
ftr-463	1445	11	,	,	PUNCT
ftr-463	1445	12	to	to	ADP
ftr-463	1445	13	the	the	DET
ftr-463	1445	14	extent	extent	NOUN
ftr-463	1445	15	that	that	SCONJ
ftr-463	1445	16	they	they	PRON
ftr-463	1445	17	rely	rely	VERB
ftr-463	1445	18	on	on	ADP
ftr-463	1445	19	the	the	DET
ftr-463	1445	20	continuity	continuity	NOUN
ftr-463	1445	21	doctrine	doctrine	NOUN
ftr-463	1445	22	.	.	PUNCT
ftr-463	1446	1	(	(	PUNCT
ftr-463	1446	2	however	however	ADV
ftr-463	1446	3	,	,	PUNCT
ftr-463	1446	4	these	these	DET
ftr-463	1446	5	cases	case	NOUN
ftr-463	1446	6	may	may	AUX
ftr-463	1446	7	be	be	AUX
ftr-463	1446	8	discounted	discount	VERB
ftr-463	1446	9	as	as	ADP
ftr-463	1446	10	of	of	ADP
ftr-463	1446	11	limited	limited	ADJ
ftr-463	1446	12	precedential	precedential	ADJ
ftr-463	1446	13	value	value	NOUN
ftr-463	1446	14	to	to	ADP
ftr-463	1446	15	the	the	DET
ftr-463	1446	16	extent	extent	NOUN
ftr-463	1446	17	they	they	PRON
ftr-463	1446	18	have	have	AUX
ftr-463	1446	19	been	be	AUX
ftr-463	1446	20	overturned	overturn	VERB
ftr-463	1446	21	by	by	ADP
ftr-463	1446	22	section	section	NOUN
ftr-463	1446	23	338	338	NUM
ftr-463	1446	24	and	and	CCONJ
ftr-463	1446	25	the	the	DET
ftr-463	1446	26	anti	anti	ADJ
ftr-463	1446	27	-	-	ADJ
ftr-463	1446	28	yoc	yoc	NOUN
ftr-463	1446	29	heating	heating	NOUN
ftr-463	1446	30	regulations	regulation	NOUN
ftr-463	1446	31	.	.	PUNCT
ftr-463	1446	32	)	)	PUNCT
ftr-463	1447	1	making	make	VERB
ftr-463	1447	2	continuity	continuity	NOUN
ftr-463	1447	3	an	an	DET
ftr-463	1447	4	anti	anti	ADJ
ftr-463	1447	5	-	-	ADJ
ftr-463	1447	6	abuse	abuse	ADJ
ftr-463	1447	7	rule	rule	NOUN
ftr-463	1447	8	would	would	AUX
ftr-463	1447	9	obviously	obviously	ADV
ftr-463	1447	10	eliminate	eliminate	VERB
ftr-463	1447	11	the	the	DET
ftr-463	1447	12	whipsaw	whipsaw	NOUN
ftr-463	1447	13	potential	potential	NOUN
ftr-463	1447	14	for	for	ADP
ftr-463	1447	15	the	the	DET
ftr-463	1447	16	service	service	NOUN
ftr-463	1447	17	under	under	ADP
ftr-463	1447	18	the	the	DET
ftr-463	1447	19	present	present	ADJ
ftr-463	1447	20	doctrine	doctrine	NOUN
ftr-463	1447	21	,	,	PUNCT
ftr-463	1447	22	and	and	CCONJ
ftr-463	1447	23	it	it	PRON
ftr-463	1447	24	would	would	AUX
ftr-463	1447	25	also	also	ADV
ftr-463	1447	26	improve	improve	VERB
ftr-463	1447	27	administrability	administrability	NOUN
ftr-463	1447	28	and	and	CCONJ
ftr-463	1447	29	curb	curb	VERB
ftr-463	1447	30	anomalous	anomalous	ADJ
ftr-463	1447	31	treatments	treatment	NOUN
ftr-463	1447	32	of	of	ADP
ftr-463	1447	33	economically	economically	ADV
ftr-463	1447	34	similar	similar	ADJ
ftr-463	1447	35	transactions	transaction	NOUN
ftr-463	1447	36	.	.	PUNCT
ftr-463	1448	1	whether	whether	SCONJ
ftr-463	1448	2	a	a	DET
ftr-463	1448	3	regulatory	regulatory	ADJ
ftr-463	1448	4	anti	anti	ADJ
ftr-463	1448	5	-	-	ADJ
ftr-463	1448	6	abuse	abuse	ADJ
ftr-463	1448	7	rule	rule	NOUN
ftr-463	1448	8	would	would	AUX
ftr-463	1448	9	eliminate	eliminate	VERB
ftr-463	1448	10	uncertainty	uncertainty	NOUN
ftr-463	1448	11	,	,	PUNCT
ftr-463	1448	12	increase	increase	VERB
ftr-463	1448	13	economic	economic	ADJ
ftr-463	1448	14	efficiency	efficiency	NOUN
ftr-463	1448	15	and	and	CCONJ
ftr-463	1448	16	fairness	fairness	NOUN
ftr-463	1448	17	,	,	PUNCT
ftr-463	1448	18	and	and	CCONJ
ftr-463	1448	19	advance	advance	VERB
ftr-463	1448	20	the	the	DET
ftr-463	1448	21	tax	tax	NOUN
ftr-463	1448	22	policies	policy	NOUN
ftr-463	1448	23	of	of	ADP
ftr-463	1448	24	the	the	DET
ftr-463	1448	25	reorganization	reorganization	NOUN
ftr-463	1448	26	provisions	provision	NOUN
ftr-463	1448	27	would	would	AUX
ftr-463	1448	28	depend	depend	VERB
ftr-463	1448	29	upon	upon	SCONJ
ftr-463	1448	30	the	the	DET
ftr-463	1448	31	details	detail	NOUN
ftr-463	1448	32	of	of	ADP
ftr-463	1448	33	the	the	DET
ftr-463	1448	34	regulations	regulation	NOUN
ftr-463	1448	35	issued	issue	VERB
ftr-463	1448	36	to	to	PART
ftr-463	1448	37	effectuate	effectuate	VERB
ftr-463	1448	38	the	the	DET
ftr-463	1448	39	change	change	NOUN
ftr-463	1448	40	(	(	PUNCT
ftr-463	1448	41	including	include	VERB
ftr-463	1448	42	any	any	DET
ftr-463	1448	43	safe	safe	ADJ
ftr-463	1448	44	harbors	harbor	NOUN
ftr-463	1448	45	they	they	PRON
ftr-463	1448	46	might	might	AUX
ftr-463	1448	47	provide	provide	VERB
ftr-463	1448	48	)	)	PUNCT
ftr-463	1448	49	.	.	PUNCT
ftr-463	1449	1	for	for	ADP
ftr-463	1449	2	instance	instance	NOUN
ftr-463	1449	3	,	,	PUNCT
ftr-463	1449	4	if	if	SCONJ
ftr-463	1449	5	failure	failure	NOUN
ftr-463	1449	6	of	of	ADP
ftr-463	1449	7	continuity	continuity	NOUN
ftr-463	1449	8	continues	continue	VERB
ftr-463	1449	9	to	to	PART
ftr-463	1449	10	affect	affect	VERB
ftr-463	1449	11	target	target	VERB
ftr-463	1449	12	shareholders	shareholder	NOUN
ftr-463	1449	13	receiving	receive	VERB
ftr-463	1449	14	acquiror	acquiror	NOUN
ftr-463	1449	15	stock	stock	NOUN
ftr-463	1449	16	,	,	PUNCT
ftr-463	1449	17	the	the	DET
ftr-463	1449	18	transformation	transformation	NOUN
ftr-463	1449	19	would	would	AUX
ftr-463	1449	20	not	not	PART
ftr-463	1449	21	advance	advance	VERB
ftr-463	1449	22	the	the	DET
ftr-463	1449	23	policies	policy	NOUN
ftr-463	1449	24	behind	behind	ADP
ftr-463	1449	25	nonrecognition	nonrecognition	NOUN
ftr-463	1449	26	treatment	treatment	NOUN
ftr-463	1449	27	at	at	ADP
ftr-463	1449	28	the	the	DET
ftr-463	1449	29	shareholder	shareholder	NOUN
ftr-463	1449	30	level	level	NOUN
ftr-463	1449	31	.	.	PUNCT
ftr-463	1450	1	it	it	PRON
ftr-463	1450	2	appears	appear	VERB
ftr-463	1450	3	that	that	SCONJ
ftr-463	1450	4	continuity	continuity	NOUN
ftr-463	1450	5	as	as	ADP
ftr-463	1450	6	an	an	DET
ftr-463	1450	7	anti	anti	ADJ
ftr-463	1450	8	-	-	ADJ
ftr-463	1450	9	abuse	abuse	ADJ
ftr-463	1450	10	rule	rule	NOUN
ftr-463	1450	11	has	have	VERB
ftr-463	1450	12	some	some	DET
ftr-463	1450	13	appeal	appeal	NOUN
ftr-463	1450	14	to	to	ADP
ftr-463	1450	15	the	the	DET
ftr-463	1450	16	clinton	clinton	PROPN
ftr-463	1450	17	administration	administration	NOUN
ftr-463	1450	18	.	.	PUNCT
ftr-463	1451	1	in	in	ADP
ftr-463	1451	2	march	march	PROPN
ftr-463	1451	3	1996	1996	NUM
ftr-463	1451	4	,	,	PUNCT
ftr-463	1451	5	it	it	PRON
ftr-463	1451	6	introduced	introduce	VERB
ftr-463	1451	7	a	a	DET
ftr-463	1451	8	proposal	proposal	NOUN
ftr-463	1451	9	to	to	PART
ftr-463	1451	10	tax	tax	VERB
ftr-463	1451	11	the	the	DET
ftr-463	1451	12	distributing	distribute	VERB
ftr-463	1451	13	company	company	NOUN
ftr-463	1451	14	in	in	ADP
ftr-463	1451	15	a	a	DET
ftr-463	1451	16	section	section	NOUN
ftr-463	1451	17	355	355	NUM
ftr-463	1451	18	transaction	transaction	NOUN
ftr-463	1451	19	if	if	SCONJ
ftr-463	1451	20	a	a	DET
ftr-463	1451	21	requisite	requisite	ADJ
ftr-463	1451	22	amount	amount	NOUN
ftr-463	1451	23	of	of	ADP
ftr-463	1451	24	continuity	continuity	NOUN
ftr-463	1451	25	(	(	PUNCT
ftr-463	1451	26	as	as	SCONJ
ftr-463	1451	27	defined	define	VERB
ftr-463	1451	28	in	in	ADP
ftr-463	1451	29	the	the	DET
ftr-463	1451	30	proposal	proposal	NOUN
ftr-463	1451	31	)	)	PUNCT
ftr-463	1451	32	does	do	AUX
ftr-463	1451	33	not	not	PART
ftr-463	1451	34	exist	exist	VERB
ftr-463	1451	35	for	for	ADP
ftr-463	1451	36	two	two	NUM
ftr-463	1451	37	years	year	NOUN
ftr-463	1451	38	before	before	ADV
ftr-463	1451	39	and	and	CCONJ
ftr-463	1451	40	215	215	NUM
ftr-463	1451	41	.	.	PUNCT
ftr-463	1452	1	see	see	VERB
ftr-463	1452	2	,	,	PUNCT
ftr-463	1452	3	e.g.	e.g.	ADV
ftr-463	1452	4	,	,	PUNCT
ftr-463	1452	5	regs	reg	NOUN
ftr-463	1452	6	.	.	PUNCT
ftr-463	1453	1	§	§	PROPN
ftr-463	1453	2	1.701	1.701	NUM
ftr-463	1453	3	-	-	SYM
ftr-463	1453	4	2	2	NUM
ftr-463	1453	5	;	;	PUNCT
ftr-463	1453	6	temp	temp	NOUN
ftr-463	1453	7	.	.	PUNCT
ftr-463	1454	1	regs	regs	PROPN
ftr-463	1454	2	.	.	PUNCT
ftr-463	1455	1	§	§	PROPN
ftr-463	1455	2	1.1275	1.1275	NUM
ftr-463	1455	3	-	-	SYM
ftr-463	1455	4	2(g	2(g	NUM
ftr-463	1455	5	)	)	PUNCT
ftr-463	1455	6	.	.	PUNCT
ftr-463	1456	1	florida	florida	PROPN
ftr-463	1456	2	tax	tax	PROPN
ftr-463	1456	3	review	review	NOUN
ftr-463	1456	4	two	two	NUM
ftr-463	1456	5	years	year	NOUN
ftr-463	1456	6	after	after	ADP
ftr-463	1456	7	the	the	DET
ftr-463	1456	8	transaction	transaction	NOUN
ftr-463	1456	9	.	.	PUNCT
ftr-463	1457	1	no	no	DET
ftr-463	1457	2	loss	loss	NOUN
ftr-463	1457	3	would	would	AUX
ftr-463	1457	4	be	be	AUX
ftr-463	1457	5	allowed	allow	VERB
ftr-463	1457	6	for	for	ADP
ftr-463	1457	7	a	a	DET
ftr-463	1457	8	distribution	distribution	NOUN
ftr-463	1457	9	that	that	PRON
ftr-463	1457	10	failed	fail	VERB
ftr-463	1457	11	this	this	DET
ftr-463	1457	12	test.216	test.216	NOUN
ftr-463	1457	13	although	although	SCONJ
ftr-463	1457	14	reasonable	reasonable	ADJ
ftr-463	1457	15	minds	mind	NOUN
ftr-463	1457	16	could	could	AUX
ftr-463	1457	17	differ	differ	VERB
ftr-463	1457	18	on	on	ADP
ftr-463	1457	19	the	the	DET
ftr-463	1457	20	issue	issue	NOUN
ftr-463	1457	21	,	,	PUNCT
ftr-463	1457	22	the	the	DET
ftr-463	1457	23	treasury	treasury	NOUN
ftr-463	1457	24	probably	probably	ADV
ftr-463	1457	25	has	have	VERB
ftr-463	1457	26	power	power	NOUN
ftr-463	1457	27	to	to	PART
ftr-463	1457	28	remove	remove	VERB
ftr-463	1457	29	the	the	DET
ftr-463	1457	30	continuity	continuity	NOUN
ftr-463	1457	31	weapon	weapon	NOUN
ftr-463	1457	32	from	from	ADP
ftr-463	1457	33	taxpayers	taxpayer	NOUN
ftr-463	1457	34	'	'	PART
ftr-463	1457	35	hands	hand	NOUN
ftr-463	1457	36	.	.	PUNCT
ftr-463	1458	1	while	while	SCONJ
ftr-463	1458	2	continuity	continuity	NOUN
ftr-463	1458	3	originated	originate	VERB
ftr-463	1458	4	as	as	ADP
ftr-463	1458	5	a	a	DET
ftr-463	1458	6	judicial	judicial	ADJ
ftr-463	1458	7	interpretation	interpretation	NOUN
ftr-463	1458	8	of	of	ADP
ftr-463	1458	9	the	the	DET
ftr-463	1458	10	definition	definition	NOUN
ftr-463	1458	11	of	of	ADP
ftr-463	1458	12	reorganization	reorganization	NOUN
ftr-463	1458	13	,	,	PUNCT
ftr-463	1458	14	it	it	PRON
ftr-463	1458	15	appears	appear	VERB
ftr-463	1458	16	today	today	NOUN
ftr-463	1458	17	to	to	PART
ftr-463	1458	18	be	be	AUX
ftr-463	1458	19	entirely	entirely	ADV
ftr-463	1458	20	an	an	DET
ftr-463	1458	21	administrative	administrative	ADJ
ftr-463	1458	22	creature	creature	NOUN
ftr-463	1458	23	.	.	PUNCT
ftr-463	1459	1	in	in	ADP
ftr-463	1459	2	the	the	DET
ftr-463	1459	3	most	most	ADV
ftr-463	1459	4	recent	recent	ADJ
ftr-463	1459	5	supreme	supreme	PROPN
ftr-463	1459	6	court	court	PROPN
ftr-463	1459	7	case	case	NOUN
ftr-463	1459	8	to	to	PART
ftr-463	1459	9	consider	consider	VERB
ftr-463	1459	10	the	the	DET
ftr-463	1459	11	doctrine	doctrine	NOUN
ftr-463	1459	12	,	,	PUNCT
ftr-463	1459	13	paulsen	paulsen	PROPN
ftr-463	1459	14	v.	v.	PROPN
ftr-463	1459	15	commissioner,2	commissioner,2	PROPN
ftr-463	1459	16	17	17	NUM
ftr-463	1459	17	the	the	DET
ftr-463	1459	18	court	court	NOUN
ftr-463	1459	19	appeared	appear	VERB
ftr-463	1459	20	most	most	ADV
ftr-463	1459	21	moved	move	VERB
ftr-463	1459	22	by	by	ADP
ftr-463	1459	23	the	the	DET
ftr-463	1459	24	doctrine	doctrine	NOUN
ftr-463	1459	25	's	's	PART
ftr-463	1459	26	specific	specific	ADJ
ftr-463	1459	27	mention	mention	NOUN
ftr-463	1459	28	in	in	ADP
ftr-463	1459	29	the	the	DET
ftr-463	1459	30	reorganization	reorganization	NOUN
ftr-463	1459	31	regulations	regulation	NOUN
ftr-463	1459	32	and	and	CCONJ
ftr-463	1459	33	the	the	DET
ftr-463	1459	34	service	service	NOUN
ftr-463	1459	35	's	's	PART
ftr-463	1459	36	consistent	consistent	ADJ
ftr-463	1459	37	administrative	administrative	ADJ
ftr-463	1459	38	practice	practice	NOUN
ftr-463	1459	39	in	in	ADP
ftr-463	1459	40	asserting	assert	VERB
ftr-463	1459	41	it.218	it.218	NOUN
ftr-463	1459	42	in	in	ADP
ftr-463	1459	43	litigation	litigation	NOUN
ftr-463	1459	44	,	,	PUNCT
ftr-463	1459	45	the	the	DET
ftr-463	1459	46	service	service	NOUN
ftr-463	1459	47	has	have	AUX
ftr-463	1459	48	argued	argue	VERB
ftr-463	1459	49	unsuccessfully	unsuccessfully	ADV
ftr-463	1459	50	that	that	SCONJ
ftr-463	1459	51	the	the	DET
ftr-463	1459	52	continuity	continuity	NOUN
ftr-463	1459	53	doctrine	doctrine	NOUN
ftr-463	1459	54	should	should	AUX
ftr-463	1459	55	be	be	AUX
ftr-463	1459	56	treated	treat	VERB
ftr-463	1459	57	as	as	ADP
ftr-463	1459	58	an	an	DET
ftr-463	1459	59	anti	anti	ADJ
ftr-463	1459	60	-	-	ADJ
ftr-463	1459	61	abuse	abuse	ADJ
ftr-463	1459	62	rule	rule	NOUN
ftr-463	1459	63	(	(	PUNCT
ftr-463	1459	64	especially	especially	ADV
ftr-463	1459	65	in	in	ADP
ftr-463	1459	66	the	the	DET
ftr-463	1459	67	f	f	PROPN
ftr-463	1459	68	reorganization	reorganization	NOUN
ftr-463	1459	69	context	context	NOUN
ftr-463	1459	70	discussed	discuss	VERB
ftr-463	1459	71	above	above	ADV
ftr-463	1459	72	in	in	ADP
ftr-463	1459	73	part	part	NOUN
ftr-463	1459	74	iii.a.3	iii.a.3	NUM
ftr-463	1459	75	)	)	PUNCT
ftr-463	1459	76	,	,	PUNCT
ftr-463	1459	77	but	but	CCONJ
ftr-463	1459	78	the	the	DET
ftr-463	1459	79	treasury	treasury	NOUN
ftr-463	1459	80	has	have	AUX
ftr-463	1459	81	never	never	ADV
ftr-463	1459	82	promulgated	promulgate	VERB
ftr-463	1459	83	this	this	DET
ftr-463	1459	84	view	view	NOUN
ftr-463	1459	85	in	in	ADP
ftr-463	1459	86	regulations	regulation	NOUN
ftr-463	1459	87	.	.	PUNCT
ftr-463	1460	1	although	although	SCONJ
ftr-463	1460	2	anti	anti	ADJ
ftr-463	1460	3	-	-	ADJ
ftr-463	1460	4	abuse	abuse	ADJ
ftr-463	1460	5	continuity	continuity	NOUN
ftr-463	1460	6	regulations	regulation	NOUN
ftr-463	1460	7	would	would	AUX
ftr-463	1460	8	be	be	AUX
ftr-463	1460	9	controversial	controversial	ADJ
ftr-463	1460	10	,	,	PUNCT
ftr-463	1460	11	the	the	DET
ftr-463	1460	12	power	power	NOUN
ftr-463	1460	13	to	to	PART
ftr-463	1460	14	issue	issue	VERB
ftr-463	1460	15	them	they	PRON
ftr-463	1460	16	should	should	AUX
ftr-463	1460	17	exist	exist	VERB
ftr-463	1460	18	.	.	PUNCT
ftr-463	1461	1	3	3	X
ftr-463	1461	2	.	.	X
ftr-463	1461	3	bifurcation.-a	bifurcation.-a	NOUN
ftr-463	1461	4	third	third	ADJ
ftr-463	1461	5	conception	conception	NOUN
ftr-463	1461	6	of	of	ADP
ftr-463	1461	7	continuity	continuity	NOUN
ftr-463	1461	8	,	,	PUNCT
ftr-463	1461	9	which	which	PRON
ftr-463	1461	10	is	be	AUX
ftr-463	1461	11	without	without	ADP
ftr-463	1461	12	any	any	DET
ftr-463	1461	13	grounding	grounding	NOUN
ftr-463	1461	14	in	in	ADP
ftr-463	1461	15	current	current	ADJ
ftr-463	1461	16	practice	practice	NOUN
ftr-463	1461	17	,	,	PUNCT
ftr-463	1461	18	would	would	AUX
ftr-463	1461	19	be	be	AUX
ftr-463	1461	20	to	to	PART
ftr-463	1461	21	limit	limit	VERB
ftr-463	1461	22	the	the	DET
ftr-463	1461	23	effects	effect	NOUN
ftr-463	1461	24	of	of	ADP
ftr-463	1461	25	a	a	DET
ftr-463	1461	26	continuity	continuity	NOUN
ftr-463	1461	27	failure	failure	NOUN
ftr-463	1461	28	to	to	ADP
ftr-463	1461	29	the	the	DET
ftr-463	1461	30	corporate	corporate	ADJ
ftr-463	1461	31	level	level	NOUN
ftr-463	1461	32	.	.	PUNCT
ftr-463	1462	1	under	under	ADP
ftr-463	1462	2	this	this	DET
ftr-463	1462	3	approach	approach	NOUN
ftr-463	1462	4	,	,	PUNCT
ftr-463	1462	5	an	an	DET
ftr-463	1462	6	otherwise	otherwise	ADV
ftr-463	1462	7	valid	valid	ADJ
ftr-463	1462	8	reorganization	reorganization	NOUN
ftr-463	1462	9	that	that	PRON
ftr-463	1462	10	lacked	lack	VERB
ftr-463	1462	11	continuity	continuity	NOUN
ftr-463	1462	12	(	(	PUNCT
ftr-463	1462	13	e.g.	e.g.	ADV
ftr-463	1462	14	,	,	PUNCT
ftr-463	1462	15	a	a	DET
ftr-463	1462	16	statutory	statutory	ADJ
ftr-463	1462	17	merger	merger	NOUN
ftr-463	1462	18	in	in	ADP
ftr-463	1462	19	which	which	PRON
ftr-463	1462	20	only	only	ADV
ftr-463	1462	21	20	20	NUM
ftr-463	1462	22	%	%	NOUN
ftr-463	1462	23	of	of	ADP
ftr-463	1462	24	the	the	DET
ftr-463	1462	25	consideration	consideration	NOUN
ftr-463	1462	26	was	be	AUX
ftr-463	1462	27	acquiror	acquiror	NOUN
ftr-463	1462	28	stock	stock	NOUN
ftr-463	1462	29	)	)	PUNCT
ftr-463	1462	30	would	would	AUX
ftr-463	1462	31	be	be	AUX
ftr-463	1462	32	a	a	DET
ftr-463	1462	33	taxable	taxable	ADJ
ftr-463	1462	34	event	event	NOUN
ftr-463	1462	35	for	for	ADP
ftr-463	1462	36	the	the	DET
ftr-463	1462	37	target	target	NOUN
ftr-463	1462	38	,	,	PUNCT
ftr-463	1462	39	but	but	CCONJ
ftr-463	1462	40	would	would	AUX
ftr-463	1462	41	be	be	AUX
ftr-463	1462	42	tax	tax	NOUN
ftr-463	1462	43	-	-	PUNCT
ftr-463	1462	44	free	free	ADJ
ftr-463	1462	45	for	for	ADP
ftr-463	1462	46	target	target	NOUN
ftr-463	1462	47	shareholders	shareholder	NOUN
ftr-463	1462	48	receiving	receive	VERB
ftr-463	1462	49	acquiror	acquiror	NOUN
ftr-463	1462	50	stock	stock	NOUN
ftr-463	1462	51	or	or	CCONJ
ftr-463	1462	52	securities	security	NOUN
ftr-463	1462	53	.	.	PUNCT
ftr-463	1463	1	the	the	DET
ftr-463	1463	2	transaction	transaction	NOUN
ftr-463	1463	3	could	could	AUX
ftr-463	1463	4	be	be	AUX
ftr-463	1463	5	treated	treat	VERB
ftr-463	1463	6	as	as	ADP
ftr-463	1463	7	a	a	DET
ftr-463	1463	8	wholly	wholly	ADV
ftr-463	1463	9	taxable	taxable	ADJ
ftr-463	1463	10	event	event	NOUN
ftr-463	1463	11	for	for	ADP
ftr-463	1463	12	the	the	DET
ftr-463	1463	13	target	target	NOUN
ftr-463	1463	14	,	,	PUNCT
ftr-463	1463	15	or	or	CCONJ
ftr-463	1463	16	the	the	DET
ftr-463	1463	17	target	target	NOUN
ftr-463	1463	18	's	's	PART
ftr-463	1463	19	gain	gain	NOUN
ftr-463	1463	20	or	or	CCONJ
ftr-463	1463	21	loss	loss	NOUN
ftr-463	1463	22	could	could	AUX
ftr-463	1463	23	be	be	AUX
ftr-463	1463	24	more	more	ADV
ftr-463	1463	25	precisely	precisely	ADV
ftr-463	1463	26	measured	measure	VERB
ftr-463	1463	27	by	by	ADP
ftr-463	1463	28	reference	reference	NOUN
ftr-463	1463	29	to	to	ADP
ftr-463	1463	30	the	the	DET
ftr-463	1463	31	nonqualifying	nonqualifying	NOUN
ftr-463	1463	32	consideration	consideration	NOUN
ftr-463	1463	33	.	.	PUNCT
ftr-463	1464	1	this	this	DET
ftr-463	1464	2	approach	approach	NOUN
ftr-463	1464	3	would	would	AUX
ftr-463	1464	4	go	go	VERB
ftr-463	1464	5	far	far	ADV
ftr-463	1464	6	towards	towards	ADP
ftr-463	1464	7	advancing	advance	VERB
ftr-463	1464	8	the	the	DET
ftr-463	1464	9	tax	tax	NOUN
ftr-463	1464	10	policies	policy	NOUN
ftr-463	1464	11	behind	behind	ADP
ftr-463	1464	12	nonrecognition	nonrecognition	NOUN
ftr-463	1464	13	treatment	treatment	NOUN
ftr-463	1464	14	for	for	ADP
ftr-463	1464	15	target	target	NOUN
ftr-463	1464	16	shareholders	shareholder	NOUN
ftr-463	1464	17	that	that	PRON
ftr-463	1464	18	do	do	AUX
ftr-463	1464	19	not	not	PART
ftr-463	1464	20	cash	cash	VERB
ftr-463	1464	21	out	out	ADP
ftr-463	1464	22	their	their	PRON
ftr-463	1464	23	investments	investment	NOUN
ftr-463	1464	24	and	and	CCONJ
ftr-463	1464	25	,	,	PUNCT
ftr-463	1464	26	at	at	ADP
ftr-463	1464	27	the	the	DET
ftr-463	1464	28	same	same	ADJ
ftr-463	1464	29	time	time	NOUN
ftr-463	1464	30	,	,	PUNCT
ftr-463	1464	31	advance	advance	VERB
ftr-463	1464	32	the	the	DET
ftr-463	1464	33	policies	policy	NOUN
ftr-463	1464	34	that	that	PRON
ftr-463	1464	35	deny	deny	VERB
ftr-463	1464	36	deferral	deferral	NOUN
ftr-463	1464	37	for	for	ADP
ftr-463	1464	38	targets	target	NOUN
ftr-463	1464	39	that	that	PRON
ftr-463	1464	40	engage	engage	VERB
ftr-463	1464	41	in	in	ADP
ftr-463	1464	42	what	what	PRON
ftr-463	1464	43	amounts	amount	VERB
ftr-463	1464	44	to	to	ADP
ftr-463	1464	45	a	a	DET
ftr-463	1464	46	taxable	taxable	ADJ
ftr-463	1464	47	sale	sale	NOUN
ftr-463	1464	48	.	.	PUNCT
ftr-463	1465	1	however	however	ADV
ftr-463	1465	2	,	,	PUNCT
ftr-463	1465	3	while	while	SCONJ
ftr-463	1465	4	it	it	PRON
ftr-463	1465	5	would	would	AUX
ftr-463	1465	6	generally	generally	ADV
ftr-463	1465	7	ameliorate	ameliorate	VERB
ftr-463	1465	8	the	the	DET
ftr-463	1465	9	condition	condition	NOUN
ftr-463	1465	10	of	of	ADP
ftr-463	1465	11	target	target	NOUN
ftr-463	1465	12	shareholders	shareholder	NOUN
ftr-463	1465	13	subject	subject	ADJ
ftr-463	1465	14	to	to	ADP
ftr-463	1465	15	tax	tax	NOUN
ftr-463	1465	16	on	on	ADP
ftr-463	1465	17	the	the	DET
ftr-463	1465	18	receipt	receipt	NOUN
ftr-463	1465	19	of	of	ADP
ftr-463	1465	20	illiquid	illiquid	ADJ
ftr-463	1465	21	acquiror	acquiror	NOUN
ftr-463	1465	22	stock	stock	NOUN
ftr-463	1465	23	,	,	PUNCT
ftr-463	1465	24	it	it	PRON
ftr-463	1465	25	would	would	AUX
ftr-463	1465	26	not	not	PART
ftr-463	1465	27	spare	spare	VERB
ftr-463	1465	28	them	they	PRON
ftr-463	1465	29	from	from	ADP
ftr-463	1465	30	the	the	DET
ftr-463	1465	31	indirect	indirect	ADJ
ftr-463	1465	32	effects	effect	NOUN
ftr-463	1465	33	of	of	ADP
ftr-463	1465	34	the	the	DET
ftr-463	1465	35	corporate	corporate	ADJ
ftr-463	1465	36	tax	tax	NOUN
ftr-463	1465	37	paid	pay	VERB
ftr-463	1465	38	by	by	ADP
ftr-463	1465	39	the	the	DET
ftr-463	1465	40	target	target	NOUN
ftr-463	1465	41	on	on	ADP
ftr-463	1465	42	its	its	PRON
ftr-463	1465	43	recognized	recognize	VERB
ftr-463	1465	44	gains	gain	NOUN
ftr-463	1465	45	.	.	PUNCT
ftr-463	1466	1	moreover	moreover	ADV
ftr-463	1466	2	,	,	PUNCT
ftr-463	1466	3	a	a	DET
ftr-463	1466	4	bifurcation	bifurcation	NOUN
ftr-463	1466	5	approach	approach	NOUN
ftr-463	1466	6	would	would	AUX
ftr-463	1466	7	not	not	PART
ftr-463	1466	8	necessarily	necessarily	ADV
ftr-463	1466	9	eliminate	eliminate	VERB
ftr-463	1466	10	uncertainty	uncertainty	NOUN
ftr-463	1466	11	,	,	PUNCT
ftr-463	1466	12	inefficiencies	inefficiency	NOUN
ftr-463	1466	13	,	,	PUNCT
ftr-463	1466	14	unfairness	unfairness	NOUN
ftr-463	1466	15	,	,	PUNCT
ftr-463	1466	16	or	or	CCONJ
ftr-463	1466	17	the	the	DET
ftr-463	1466	18	inconsistent	inconsistent	ADJ
ftr-463	1466	19	treatment	treatment	NOUN
ftr-463	1466	20	of	of	ADP
ftr-463	1466	21	economically	economically	ADV
ftr-463	1466	22	similar	similar	ADJ
ftr-463	1466	23	transactions	transaction	NOUN
ftr-463	1466	24	.	.	PUNCT
ftr-463	1467	1	4	4	X
ftr-463	1467	2	.	.	NUM
ftr-463	1467	3	restricted	restrict	VERB
ftr-463	1467	4	scope.-as	scope.-as	NUM
ftr-463	1467	5	discussed	discuss	VERB
ftr-463	1467	6	above	above	ADV
ftr-463	1467	7	,	,	PUNCT
ftr-463	1467	8	because	because	SCONJ
ftr-463	1467	9	reorganizations	reorganization	NOUN
ftr-463	1467	10	under	under	ADP
ftr-463	1467	11	sections	section	NOUN
ftr-463	1467	12	368(a)(1)(b	368(a)(1)(b	NUM
ftr-463	1467	13	)	)	PUNCT
ftr-463	1467	14	,	,	PUNCT
ftr-463	1467	15	(	(	PUNCT
ftr-463	1467	16	c	c	NOUN
ftr-463	1467	17	)	)	PUNCT
ftr-463	1467	18	,	,	PUNCT
ftr-463	1467	19	and	and	CCONJ
ftr-463	1467	20	(	(	PUNCT
ftr-463	1467	21	e	e	NOUN
ftr-463	1467	22	)	)	PUNCT
ftr-463	1467	23	must	must	AUX
ftr-463	1467	24	meet	meet	VERB
ftr-463	1467	25	statutory	statutory	ADJ
ftr-463	1467	26	continuity	continuity	NOUN
ftr-463	1467	27	216	216	NUM
ftr-463	1467	28	.	.	PUNCT
ftr-463	1468	1	the	the	DET
ftr-463	1468	2	proposal	proposal	NOUN
ftr-463	1468	3	is	be	AUX
ftr-463	1468	4	described	describe	VERB
ftr-463	1468	5	in	in	ADP
ftr-463	1468	6	somewhat	somewhat	ADV
ftr-463	1468	7	more	more	ADJ
ftr-463	1468	8	detail	detail	NOUN
ftr-463	1468	9	in	in	ADP
ftr-463	1468	10	note	note	NOUN
ftr-463	1468	11	87	87	NUM
ftr-463	1468	12	.	.	PUNCT
ftr-463	1469	1	217	217	NUM
ftr-463	1469	2	.	.	PUNCT
ftr-463	1470	1	469	469	NUM
ftr-463	1470	2	u.s	u.s	PROPN
ftr-463	1470	3	.	.	PROPN
ftr-463	1470	4	131	131	NUM
ftr-463	1470	5	(	(	PUNCT
ftr-463	1470	6	1985	1985	NUM
ftr-463	1470	7	)	)	PUNCT
ftr-463	1470	8	.	.	PUNCT
ftr-463	1471	1	218	218	NUM
ftr-463	1471	2	.	.	PUNCT
ftr-463	1472	1	see	see	VERB
ftr-463	1472	2	paulsen	paulsen	PROPN
ftr-463	1472	3	,	,	PUNCT
ftr-463	1472	4	469	469	NUM
ftr-463	1472	5	u.s	u.s	PROPN
ftr-463	1472	6	.	.	PROPN
ftr-463	1472	7	at	at	ADP
ftr-463	1472	8	136	136	NUM
ftr-463	1472	9	(	(	PUNCT
ftr-463	1472	10	"	"	PUNCT
ftr-463	1472	11	known	know	VERB
ftr-463	1472	12	as	as	ADP
ftr-463	1472	13	the	the	DET
ftr-463	1472	14	'	'	PUNCT
ftr-463	1472	15	continuity	continuity	NOUN
ftr-463	1472	16	-	-	PUNCT
ftr-463	1472	17	of	of	ADP
ftr-463	1472	18	-	-	PUNCT
ftr-463	1472	19	interest	interest	NOUN
ftr-463	1472	20	'	'	PUNCT
ftr-463	1472	21	doctrine	doctrine	NOUN
ftr-463	1472	22	,	,	PUNCT
ftr-463	1472	23	this	this	DET
ftr-463	1472	24	requirement	requirement	NOUN
ftr-463	1472	25	has	have	AUX
ftr-463	1472	26	been	be	AUX
ftr-463	1472	27	codified	codify	VERB
ftr-463	1472	28	in	in	ADP
ftr-463	1472	29	regs	reg	NOUN
ftr-463	1472	30	.	.	PUNCT
ftr-463	1473	1	§	§	PROPN
ftr-463	1473	2	§	§	PROPN
ftr-463	1473	3	1.368	1.368	NUM
ftr-463	1473	4	-	-	SYM
ftr-463	1473	5	1(b	1(b	NUM
ftr-463	1473	6	)	)	PUNCT
ftr-463	1473	7	,	,	PUNCT
ftr-463	1473	8	1.368	1.368	NUM
ftr-463	1473	9	-	-	SYM
ftr-463	1473	10	2(a	2(a	NUM
ftr-463	1473	11	)	)	PUNCT
ftr-463	1473	12	"	"	PUNCT
ftr-463	1473	13	)	)	PUNCT
ftr-463	1473	14	,	,	PUNCT
ftr-463	1473	15	142	142	NUM
ftr-463	1473	16	(	(	PUNCT
ftr-463	1473	17	discussing	discuss	VERB
ftr-463	1473	18	revenue	revenue	NOUN
ftr-463	1473	19	rulings	ruling	NOUN
ftr-463	1473	20	)	)	PUNCT
ftr-463	1473	21	.	.	PUNCT
ftr-463	1474	1	[	[	X
ftr-463	1474	2	vol	vol	NOUN
ftr-463	1474	3	3:5	3:5	NUM
ftr-463	1474	4	1996	1996	NUM
ftr-463	1474	5	]	]	PUNCT
ftr-463	1474	6	devolution	devolution	NOUN
ftr-463	1474	7	&	&	CCONJ
ftr-463	1474	8	inevitable	inevitable	ADJ
ftr-463	1474	9	ertincion	ertincion	NOUN
ftr-463	1474	10	of	of	ADP
ftr-463	1474	11	the	the	DET
ftr-463	1474	12	continuin	continuin	NOUN
ftr-463	1474	13	.	.	PUNCT
ftr-463	1475	1	of	of	ADP
ftr-463	1475	2	interest	interest	NOUN
ftr-463	1475	3	doctrine	doctrine	NOUN
ftr-463	1475	4	253	253	NUM
ftr-463	1475	5	requirements	requirement	NOUN
ftr-463	1475	6	(	(	PUNCT
ftr-463	1475	7	e.g.	e.g.	ADV
ftr-463	1475	8	,	,	PUNCT
ftr-463	1475	9	a	a	DET
ftr-463	1475	10	solely	solely	ADV
ftr-463	1475	11	for	for	ADP
ftr-463	1475	12	voting	vote	VERB
ftr-463	1475	13	stock	stock	NOUN
ftr-463	1475	14	requirement	requirement	NOUN
ftr-463	1475	15	)	)	PUNCT
ftr-463	1475	16	,	,	PUNCT
ftr-463	1475	17	the	the	DET
ftr-463	1475	18	extra	extra	ADJ
ftr-463	1475	19	-	-	ADJ
ftr-463	1475	20	statutory	statutory	ADJ
ftr-463	1475	21	judicial	judicial	ADJ
ftr-463	1475	22	continuity	continuity	NOUN
ftr-463	1475	23	doctrine	doctrine	NOUN
ftr-463	1475	24	could	could	AUX
ftr-463	1475	25	be	be	AUX
ftr-463	1475	26	eliminated	eliminate	VERB
ftr-463	1475	27	as	as	ADP
ftr-463	1475	28	a	a	DET
ftr-463	1475	29	requirement	requirement	NOUN
ftr-463	1475	30	for	for	ADP
ftr-463	1475	31	these	these	DET
ftr-463	1475	32	types	type	NOUN
ftr-463	1475	33	of	of	ADP
ftr-463	1475	34	transactions	transaction	NOUN
ftr-463	1475	35	.	.	PUNCT
ftr-463	1476	1	continuity	continuity	NOUN
ftr-463	1476	2	could	could	AUX
ftr-463	1476	3	remain	remain	VERB
ftr-463	1476	4	for	for	ADP
ftr-463	1476	5	acquisitive	acquisitive	ADJ
ftr-463	1476	6	a	a	PRON
ftr-463	1476	7	and	and	CCONJ
ftr-463	1476	8	d	d	NOUN
ftr-463	1476	9	reorganizations	reorganization	NOUN
ftr-463	1476	10	,	,	PUNCT
ftr-463	1476	11	to	to	PART
ftr-463	1476	12	distinguish	distinguish	VERB
ftr-463	1476	13	them	they	PRON
ftr-463	1476	14	from	from	ADP
ftr-463	1476	15	taxable	taxable	ADJ
ftr-463	1476	16	sales	sale	NOUN
ftr-463	1476	17	,	,	PUNCT
ftr-463	1476	18	but	but	CCONJ
ftr-463	1476	19	the	the	DET
ftr-463	1476	20	threshold	threshold	NOUN
ftr-463	1476	21	requirement	requirement	NOUN
ftr-463	1476	22	for	for	ADP
ftr-463	1476	23	continuity	continuity	NOUN
ftr-463	1476	24	could	could	AUX
ftr-463	1476	25	be	be	AUX
ftr-463	1476	26	restated	restate	VERB
ftr-463	1476	27	as	as	ADP
ftr-463	1476	28	a	a	DET
ftr-463	1476	29	fixed	fixed	ADJ
ftr-463	1476	30	percentage	percentage	NOUN
ftr-463	1476	31	of	of	ADP
ftr-463	1476	32	the	the	DET
ftr-463	1476	33	acquiror	acquiror	NOUN
ftr-463	1476	34	's	's	PART
ftr-463	1476	35	consideration	consideration	NOUN
ftr-463	1476	36	.	.	PUNCT
ftr-463	1477	1	removing	remove	VERB
ftr-463	1477	2	b	b	NOUN
ftr-463	1477	3	and	and	CCONJ
ftr-463	1477	4	c	c	NOUN
ftr-463	1477	5	reorganizations	reorganization	NOUN
ftr-463	1477	6	from	from	ADP
ftr-463	1477	7	continuity	continuity	NOUN
ftr-463	1477	8	's	's	PART
ftr-463	1477	9	application	application	NOUN
ftr-463	1477	10	is	be	AUX
ftr-463	1477	11	consistent	consistent	ADJ
ftr-463	1477	12	with	with	ADP
ftr-463	1477	13	the	the	DET
ftr-463	1477	14	1934	1934	NUM
ftr-463	1477	15	act	act	NOUN
ftr-463	1477	16	,	,	PUNCT
ftr-463	1477	17	which	which	PRON
ftr-463	1477	18	replaced	replace	VERB
ftr-463	1477	19	the	the	DET
ftr-463	1477	20	judicial	judicial	ADJ
ftr-463	1477	21	continuity	continuity	NOUN
ftr-463	1477	22	doctrine	doctrine	NOUN
ftr-463	1477	23	for	for	ADP
ftr-463	1477	24	these	these	DET
ftr-463	1477	25	transactions	transaction	NOUN
ftr-463	1477	26	with	with	ADP
ftr-463	1477	27	the	the	DET
ftr-463	1477	28	solely	solely	ADV
ftr-463	1477	29	for	for	ADP
ftr-463	1477	30	voting	vote	VERB
ftr-463	1477	31	stock	stock	NOUN
ftr-463	1477	32	test	test	NOUN
ftr-463	1477	33	that	that	PRON
ftr-463	1477	34	applies	apply	VERB
ftr-463	1477	35	only	only	ADV
ftr-463	1477	36	at	at	ADP
ftr-463	1477	37	the	the	DET
ftr-463	1477	38	corporate	corporate	ADJ
ftr-463	1477	39	level	level	NOUN
ftr-463	1477	40	.	.	PUNCT
ftr-463	1478	1	thus	thus	ADV
ftr-463	1478	2	,	,	PUNCT
ftr-463	1478	3	a	a	DET
ftr-463	1478	4	stock	stock	NOUN
ftr-463	1478	5	or	or	CCONJ
ftr-463	1478	6	assets	asset	NOUN
ftr-463	1478	7	acquisition	acquisition	NOUN
ftr-463	1478	8	satisfying	satisfy	VERB
ftr-463	1478	9	the	the	DET
ftr-463	1478	10	solely	solely	ADV
ftr-463	1478	11	for	for	ADP
ftr-463	1478	12	voting	vote	VERB
ftr-463	1478	13	stock	stock	NOUN
ftr-463	1478	14	requirement	requirement	NOUN
ftr-463	1478	15	would	would	AUX
ftr-463	1478	16	qualify	qualify	VERB
ftr-463	1478	17	as	as	ADP
ftr-463	1478	18	a	a	DET
ftr-463	1478	19	b	b	NOUN
ftr-463	1478	20	or	or	CCONJ
ftr-463	1478	21	c	c	NOUN
ftr-463	1478	22	reorganization	reorganization	NOUN
ftr-463	1478	23	,	,	PUNCT
ftr-463	1478	24	regardless	regardless	ADV
ftr-463	1478	25	of	of	ADP
ftr-463	1478	26	what	what	PRON
ftr-463	1478	27	the	the	DET
ftr-463	1478	28	target	target	NOUN
ftr-463	1478	29	's	's	PART
ftr-463	1478	30	shareholders	shareholder	NOUN
ftr-463	1478	31	did	do	AUX
ftr-463	1478	32	with	with	ADP
ftr-463	1478	33	their	their	PRON
ftr-463	1478	34	stock	stock	NOUN
ftr-463	1478	35	(	(	PUNCT
ftr-463	1478	36	or	or	CCONJ
ftr-463	1478	37	stock	stock	NOUN
ftr-463	1478	38	of	of	ADP
ftr-463	1478	39	the	the	DET
ftr-463	1478	40	acquiror	acquiror	NOUN
ftr-463	1478	41	)	)	PUNCT
ftr-463	1478	42	before	before	ADP
ftr-463	1478	43	or	or	CCONJ
ftr-463	1478	44	after	after	ADP
ftr-463	1478	45	the	the	DET
ftr-463	1478	46	acquisition	acquisition	NOUN
ftr-463	1478	47	.	.	PUNCT
ftr-463	1479	1	subsidiary	subsidiary	NOUN
ftr-463	1479	2	mergers	merger	NOUN
ftr-463	1479	3	under	under	ADP
ftr-463	1479	4	section	section	NOUN
ftr-463	1479	5	368(a)(2)(e	368(a)(2)(e	PROPN
ftr-463	1479	6	)	)	PUNCT
ftr-463	1479	7	,	,	PUNCT
ftr-463	1479	8	which	which	PRON
ftr-463	1479	9	requires	require	VERB
ftr-463	1479	10	that	that	SCONJ
ftr-463	1479	11	the	the	DET
ftr-463	1479	12	former	former	ADJ
ftr-463	1479	13	shareholders	shareholder	NOUN
ftr-463	1479	14	of	of	ADP
ftr-463	1479	15	the	the	DET
ftr-463	1479	16	surviving	survive	VERB
ftr-463	1479	17	corporation	corporation	NOUN
ftr-463	1479	18	receive	receive	VERB
ftr-463	1479	19	sufficient	sufficient	ADJ
ftr-463	1479	20	stock	stock	NOUN
ftr-463	1479	21	in	in	ADP
ftr-463	1479	22	the	the	DET
ftr-463	1479	23	surviving	survive	VERB
ftr-463	1479	24	corporation	corporation	NOUN
ftr-463	1479	25	to	to	PART
ftr-463	1479	26	constitute	constitute	VERB
ftr-463	1479	27	control	control	NOUN
ftr-463	1479	28	,	,	PUNCT
ftr-463	1479	29	could	could	AUX
ftr-463	1479	30	also	also	ADV
ftr-463	1479	31	be	be	AUX
ftr-463	1479	32	exempted	exempt	VERB
ftr-463	1479	33	from	from	ADP
ftr-463	1479	34	the	the	DET
ftr-463	1479	35	continuity	continuity	NOUN
ftr-463	1479	36	doctrine	doctrine	NOUN
ftr-463	1479	37	.	.	PUNCT
ftr-463	1480	1	as	as	ADP
ftr-463	1480	2	with	with	ADP
ftr-463	1480	3	a	a	DET
ftr-463	1480	4	and	and	CCONJ
ftr-463	1480	5	c	c	NOUN
ftr-463	1480	6	reorganizations	reorganization	NOUN
ftr-463	1480	7	,	,	PUNCT
ftr-463	1480	8	the	the	DET
ftr-463	1480	9	statutory	statutory	ADJ
ftr-463	1480	10	requirement	requirement	NOUN
ftr-463	1480	11	could	could	AUX
ftr-463	1480	12	be	be	AUX
ftr-463	1480	13	read	read	VERB
ftr-463	1480	14	to	to	PART
ftr-463	1480	15	supplant	supplant	VERB
ftr-463	1480	16	the	the	DET
ftr-463	1480	17	extra	extra	ADJ
ftr-463	1480	18	-	-	ADJ
ftr-463	1480	19	statutory	statutory	ADJ
ftr-463	1480	20	continuity	continuity	NOUN
ftr-463	1480	21	test	test	NOUN
ftr-463	1480	22	.	.	PUNCT
ftr-463	1481	1	section	section	NOUN
ftr-463	1481	2	368(a)(2)(d	368(a)(2)(d	NUM
ftr-463	1481	3	)	)	PUNCT
ftr-463	1481	4	subsidiary	subsidiary	NOUN
ftr-463	1481	5	mergers	merger	NOUN
ftr-463	1481	6	present	present	VERB
ftr-463	1481	7	a	a	DET
ftr-463	1481	8	more	more	ADV
ftr-463	1481	9	difficult	difficult	ADJ
ftr-463	1481	10	question	question	NOUN
ftr-463	1481	11	.	.	PUNCT
ftr-463	1482	1	section	section	NOUN
ftr-463	1482	2	368(a)(2)(d	368(a)(2)(d	PROPN
ftr-463	1482	3	)	)	PUNCT
ftr-463	1482	4	codifies	codify	VERB
ftr-463	1482	5	le	le	PROPN
ftr-463	1482	6	tulle	tulle	PROPN
ftr-463	1482	7	by	by	ADP
ftr-463	1482	8	requiring	require	VERB
ftr-463	1482	9	that	that	SCONJ
ftr-463	1482	10	stock	stock	NOUN
ftr-463	1482	11	of	of	ADP
ftr-463	1482	12	the	the	DET
ftr-463	1482	13	parent	parent	NOUN
ftr-463	1482	14	be	be	AUX
ftr-463	1482	15	included	include	VERB
ftr-463	1482	16	in	in	ADP
ftr-463	1482	17	the	the	DET
ftr-463	1482	18	consideration	consideration	NOUN
ftr-463	1482	19	.	.	PUNCT
ftr-463	1483	1	a	a	DET
ftr-463	1483	2	reasonable	reasonable	ADJ
ftr-463	1483	3	inference	inference	NOUN
ftr-463	1483	4	from	from	ADP
ftr-463	1483	5	the	the	DET
ftr-463	1483	6	statutory	statutory	ADJ
ftr-463	1483	7	language	language	NOUN
ftr-463	1483	8	,	,	PUNCT
ftr-463	1483	9	which	which	PRON
ftr-463	1483	10	does	do	AUX
ftr-463	1483	11	not	not	PART
ftr-463	1483	12	specify	specify	VERB
ftr-463	1483	13	a	a	DET
ftr-463	1483	14	threshold	threshold	NOUN
ftr-463	1483	15	,	,	PUNCT
ftr-463	1483	16	is	be	AUX
ftr-463	1483	17	that	that	SCONJ
ftr-463	1483	18	any	any	DET
ftr-463	1483	19	meaningful	meaningful	ADJ
ftr-463	1483	20	amount	amount	NOUN
ftr-463	1483	21	should	should	AUX
ftr-463	1483	22	suffice	suffice	VERB
ftr-463	1483	23	.	.	PUNCT
ftr-463	1484	1	however	however	ADV
ftr-463	1484	2	,	,	PUNCT
ftr-463	1484	3	the	the	DET
ftr-463	1484	4	original	original	ADJ
ftr-463	1484	5	version	version	NOUN
ftr-463	1484	6	of	of	ADP
ftr-463	1484	7	section	section	NOUN
ftr-463	1484	8	368(a)(2)(d	368(a)(2)(d	PROPN
ftr-463	1484	9	)	)	PUNCT
ftr-463	1484	10	would	would	AUX
ftr-463	1484	11	have	have	AUX
ftr-463	1484	12	required	require	VERB
ftr-463	1484	13	that	that	SCONJ
ftr-463	1484	14	the	the	DET
ftr-463	1484	15	consideration	consideration	NOUN
ftr-463	1484	16	for	for	ADP
ftr-463	1484	17	a	a	DET
ftr-463	1484	18	forward	forward	ADJ
ftr-463	1484	19	subsidiary	subsidiary	NOUN
ftr-463	1484	20	merger	merger	NOUN
ftr-463	1484	21	consist	consist	VERB
ftr-463	1484	22	"	"	PUNCT
ftr-463	1484	23	solely	solely	ADV
ftr-463	1484	24	"	"	PUNCT
ftr-463	1484	25	of	of	ADP
ftr-463	1484	26	parent	parent	NOUN
ftr-463	1484	27	stock	stock	NOUN
ftr-463	1484	28	.	.	PUNCT
ftr-463	1485	1	an	an	DET
ftr-463	1485	2	equally	equally	ADV
ftr-463	1485	3	reasonable	reasonable	ADJ
ftr-463	1485	4	interpretation	interpretation	NOUN
ftr-463	1485	5	(	(	PUNCT
ftr-463	1485	6	and	and	CCONJ
ftr-463	1485	7	one	one	NUM
ftr-463	1485	8	endorsed	endorse	VERB
ftr-463	1485	9	by	by	ADP
ftr-463	1485	10	the	the	DET
ftr-463	1485	11	commentators	commentator	NOUN
ftr-463	1485	12	)	)	PUNCT
ftr-463	1485	13	is	be	AUX
ftr-463	1485	14	that	that	SCONJ
ftr-463	1485	15	congress	congress	PROPN
ftr-463	1485	16	relied	rely	VERB
ftr-463	1485	17	on	on	ADP
ftr-463	1485	18	the	the	DET
ftr-463	1485	19	continuity	continuity	NOUN
ftr-463	1485	20	of	of	ADP
ftr-463	1485	21	interest	interest	NOUN
ftr-463	1485	22	doctrine	doctrine	NOUN
ftr-463	1485	23	to	to	PART
ftr-463	1485	24	ensure	ensure	VERB
ftr-463	1485	25	that	that	SCONJ
ftr-463	1485	26	a	a	DET
ftr-463	1485	27	pinellas	pinellas	PROPN
ftr-463	1485	28	-	-	PUNCT
ftr-463	1485	29	cortland	cortland	PROPN
ftr-463	1485	30	transaction	transaction	NOUN
ftr-463	1485	31	could	could	AUX
ftr-463	1485	32	not	not	PART
ftr-463	1485	33	be	be	AUX
ftr-463	1485	34	consummated	consummate	VERB
ftr-463	1485	35	through	through	ADP
ftr-463	1485	36	a	a	DET
ftr-463	1485	37	subsidiary	subsidiary	NOUN
ftr-463	1485	38	merger	merger	NOUN
ftr-463	1485	39	.	.	PUNCT
ftr-463	1486	1	as	as	SCONJ
ftr-463	1486	2	this	this	DET
ftr-463	1486	3	article	article	NOUN
ftr-463	1486	4	suggests	suggest	VERB
ftr-463	1486	5	,	,	PUNCT
ftr-463	1486	6	there	there	PRON
ftr-463	1486	7	is	be	VERB
ftr-463	1486	8	historical	historical	ADJ
ftr-463	1486	9	support	support	NOUN
ftr-463	1486	10	for	for	ADP
ftr-463	1486	11	not	not	PART
ftr-463	1486	12	applying	apply	VERB
ftr-463	1486	13	any	any	DET
ftr-463	1486	14	continuity	continuity	NOUN
ftr-463	1486	15	test	test	NOUN
ftr-463	1486	16	to	to	ADP
ftr-463	1486	17	statutory	statutory	ADJ
ftr-463	1486	18	mergers	merger	NOUN
ftr-463	1486	19	and	and	CCONJ
ftr-463	1486	20	consolidations	consolidation	NOUN
ftr-463	1486	21	.	.	PUNCT
ftr-463	1487	1	however	however	ADV
ftr-463	1487	2	,	,	PUNCT
ftr-463	1487	3	although	although	SCONJ
ftr-463	1487	4	significant	significant	ADJ
ftr-463	1487	5	differences	difference	NOUN
ftr-463	1487	6	remain	remain	VERB
ftr-463	1487	7	between	between	ADP
ftr-463	1487	8	statutory	statutory	ADJ
ftr-463	1487	9	mergers	merger	NOUN
ftr-463	1487	10	and	and	CCONJ
ftr-463	1487	11	asset	asset	NOUN
ftr-463	1487	12	transfers	transfer	NOUN
ftr-463	1487	13	that	that	PRON
ftr-463	1487	14	do	do	AUX
ftr-463	1487	15	not	not	PART
ftr-463	1487	16	qualify	qualify	VERB
ftr-463	1487	17	as	as	SCONJ
ftr-463	1487	18	mergers	merger	NOUN
ftr-463	1487	19	under	under	ADP
ftr-463	1487	20	state	state	NOUN
ftr-463	1487	21	law,2"9	law,2"9	NOUN
ftr-463	1487	22	state	state	NOUN
ftr-463	1487	23	merger	merger	NOUN
ftr-463	1487	24	requirements	requirement	NOUN
ftr-463	1487	25	have	have	AUX
ftr-463	1487	26	been	be	AUX
ftr-463	1487	27	liberalized	liberalize	VERB
ftr-463	1487	28	significantly	significantly	ADV
ftr-463	1487	29	in	in	ADP
ftr-463	1487	30	the	the	DET
ftr-463	1487	31	62	62	NUM
ftr-463	1487	32	years	year	NOUN
ftr-463	1487	33	since	since	SCONJ
ftr-463	1487	34	the	the	DET
ftr-463	1487	35	1934	1934	NUM
ftr-463	1487	36	act	act	NOUN
ftr-463	1487	37	.	.	PUNCT
ftr-463	1488	1	thus	thus	ADV
ftr-463	1488	2	,	,	PUNCT
ftr-463	1488	3	the	the	DET
ftr-463	1488	4	purpose	purpose	NOUN
ftr-463	1488	5	of	of	ADP
ftr-463	1488	6	the	the	DET
ftr-463	1488	7	original	original	ADJ
ftr-463	1488	8	continuity	continuity	NOUN
ftr-463	1488	9	doctrine	doctrine	NOUN
ftr-463	1488	10	-	-	PUNCT
ftr-463	1488	11	to	to	PART
ftr-463	1488	12	distinguish	distinguish	VERB
ftr-463	1488	13	in	in	ADP
ftr-463	1488	14	a	a	DET
ftr-463	1488	15	meaningful	meaningful	ADJ
ftr-463	1488	16	way	way	NOUN
ftr-463	1488	17	between	between	ADP
ftr-463	1488	18	asset	asset	NOUN
ftr-463	1488	19	sales	sale	NOUN
ftr-463	1488	20	and	and	CCONJ
ftr-463	1488	21	mergers	merger	NOUN
ftr-463	1488	22	(	(	PUNCT
ftr-463	1488	23	in	in	ADP
ftr-463	1488	24	the	the	DET
ftr-463	1488	25	1934	1934	NUM
ftr-463	1488	26	sense	sense	NOUN
ftr-463	1488	27	of	of	ADP
ftr-463	1488	28	the	the	PRON
ftr-463	1488	29	word)-would	word)-would	AUX
ftr-463	1488	30	not	not	PART
ftr-463	1488	31	necessarily	necessarily	ADV
ftr-463	1488	32	be	be	AUX
ftr-463	1488	33	served	serve	VERB
ftr-463	1488	34	by	by	ADP
ftr-463	1488	35	relying	rely	VERB
ftr-463	1488	36	on	on	ADP
ftr-463	1488	37	state	state	NOUN
ftr-463	1488	38	law	law	NOUN
ftr-463	1488	39	definitions	definition	NOUN
ftr-463	1488	40	.	.	PUNCT
ftr-463	1489	1	by	by	ADP
ftr-463	1489	2	the	the	DET
ftr-463	1489	3	same	same	ADJ
ftr-463	1489	4	token	token	NOUN
ftr-463	1489	5	,	,	PUNCT
ftr-463	1489	6	although	although	SCONJ
ftr-463	1489	7	the	the	DET
ftr-463	1489	8	judicial	judicial	ADJ
ftr-463	1489	9	continuity	continuity	NOUN
ftr-463	1489	10	doctrine	doctrine	NOUN
ftr-463	1489	11	has	have	AUX
ftr-463	1489	12	not	not	PART
ftr-463	1489	13	been	be	AUX
ftr-463	1489	14	generally	generally	ADV
ftr-463	1489	15	applied	apply	VERB
ftr-463	1489	16	to	to	ADP
ftr-463	1489	17	d	d	NOUN
ftr-463	1489	18	reorganizations	reorganization	NOUN
ftr-463	1489	19	,	,	PUNCT
ftr-463	1489	20	to	to	ADP
ftr-463	1489	21	the	the	DET
ftr-463	1489	22	extent	extent	NOUN
ftr-463	1489	23	that	that	SCONJ
ftr-463	1489	24	a	a	DET
ftr-463	1489	25	target	target	NOUN
ftr-463	1489	26	could	could	AUX
ftr-463	1489	27	engage	engage	VERB
ftr-463	1489	28	in	in	ADP
ftr-463	1489	29	an	an	DET
ftr-463	1489	30	effective	effective	ADJ
ftr-463	1489	31	asset	asset	NOUN
ftr-463	1489	32	sale	sale	NOUN
ftr-463	1489	33	for	for	ADP
ftr-463	1489	34	cash	cash	NOUN
ftr-463	1489	35	,	,	PUNCT
ftr-463	1489	36	but	but	CCONJ
ftr-463	1489	37	literally	literally	ADV
ftr-463	1489	38	qualify	qualify	VERB
ftr-463	1489	39	the	the	DET
ftr-463	1489	40	219	219	NUM
ftr-463	1489	41	.	.	PUNCT
ftr-463	1490	1	for	for	ADP
ftr-463	1490	2	example	example	NOUN
ftr-463	1490	3	,	,	PUNCT
ftr-463	1490	4	the	the	DET
ftr-463	1490	5	acquiror	acquiror	NOUN
ftr-463	1490	6	assumes	assume	VERB
ftr-463	1490	7	liability	liability	NOUN
ftr-463	1490	8	for	for	ADP
ftr-463	1490	9	the	the	DET
ftr-463	1490	10	target	target	NOUN
ftr-463	1490	11	's	's	PART
ftr-463	1490	12	obligations	obligation	NOUN
ftr-463	1490	13	in	in	ADP
ftr-463	1490	14	a	a	DET
ftr-463	1490	15	statutory	statutory	ADJ
ftr-463	1490	16	merger	merger	NOUN
ftr-463	1490	17	,	,	PUNCT
ftr-463	1490	18	but	but	CCONJ
ftr-463	1490	19	not	not	PART
ftr-463	1490	20	in	in	ADP
ftr-463	1490	21	an	an	DET
ftr-463	1490	22	asset	asset	NOUN
ftr-463	1490	23	transfer	transfer	NOUN
ftr-463	1490	24	.	.	PUNCT
ftr-463	1491	1	florida	florida	PROPN
ftr-463	1491	2	tax	tax	PROPN
ftr-463	1491	3	review	review	NOUN
ftr-463	1491	4	transaction	transaction	NOUN
ftr-463	1491	5	as	as	ADP
ftr-463	1491	6	a	a	DET
ftr-463	1491	7	d	d	NOUN
ftr-463	1491	8	reorganization	reorganization	NOUN
ftr-463	1491	9	,	,	PUNCT
ftr-463	1491	10	tax	tax	NOUN
ftr-463	1491	11	-	-	PUNCT
ftr-463	1491	12	policy	policy	NOUN
ftr-463	1491	13	supports	support	NOUN
ftr-463	1491	14	at	at	ADP
ftr-463	1491	15	least	least	ADJ
ftr-463	1491	16	some	some	PRON
ftr-463	1491	17	continuity	continuity	NOUN
ftr-463	1491	18	doctrine	doctrine	NOUN
ftr-463	1491	19	for	for	ADP
ftr-463	1491	20	d	d	PROPN
ftr-463	1491	21	reorganizations.22	reorganizations.22	PROPN
ftr-463	1491	22	°	°	NOUN
ftr-463	1491	23	however	however	ADV
ftr-463	1491	24	,	,	PUNCT
ftr-463	1491	25	as	as	ADP
ftr-463	1491	26	to	to	ADP
ftr-463	1491	27	a	a	DET
ftr-463	1491	28	and	and	CCONJ
ftr-463	1491	29	d	d	NOUN
ftr-463	1491	30	reorganizations	reorganization	NOUN
ftr-463	1491	31	(	(	PUNCT
ftr-463	1491	32	and	and	CCONJ
ftr-463	1491	33	possibly	possibly	ADV
ftr-463	1491	34	section	section	NOUN
ftr-463	1491	35	368(a)(2)(d	368(a)(2)(d	NUM
ftr-463	1491	36	)	)	PUNCT
ftr-463	1491	37	subsidiary	subsidiary	NOUN
ftr-463	1491	38	mergers	merger	NOUN
ftr-463	1491	39	)	)	PUNCT
ftr-463	1491	40	,	,	PUNCT
ftr-463	1491	41	the	the	DET
ftr-463	1491	42	promulgation	promulgation	NOUN
ftr-463	1491	43	of	of	ADP
ftr-463	1491	44	regulations	regulation	NOUN
ftr-463	1491	45	setting	set	VERB
ftr-463	1491	46	a	a	DET
ftr-463	1491	47	fixed	fix	VERB
ftr-463	1491	48	continuity	continuity	NOUN
ftr-463	1491	49	threshold	threshold	NOUN
ftr-463	1491	50	would	would	AUX
ftr-463	1491	51	be	be	AUX
ftr-463	1491	52	a	a	DET
ftr-463	1491	53	significant	significant	ADJ
ftr-463	1491	54	improvement	improvement	NOUN
ftr-463	1491	55	,	,	PUNCT
ftr-463	1491	56	importantly	importantly	ADV
ftr-463	1491	57	advancing	advance	VERB
ftr-463	1491	58	administrability	administrability	NOUN
ftr-463	1491	59	and	and	CCONJ
ftr-463	1491	60	reducing	reduce	VERB
ftr-463	1491	61	uncertainty	uncertainty	NOUN
ftr-463	1491	62	.	.	PUNCT
ftr-463	1492	1	the	the	DET
ftr-463	1492	2	treasury	treasury	NOUN
ftr-463	1492	3	should	should	AUX
ftr-463	1492	4	have	have	VERB
ftr-463	1492	5	the	the	DET
ftr-463	1492	6	authority	authority	NOUN
ftr-463	1492	7	to	to	PART
ftr-463	1492	8	promulgate	promulgate	VERB
ftr-463	1492	9	such	such	DET
ftr-463	1492	10	a	a	DET
ftr-463	1492	11	rule	rule	NOUN
ftr-463	1492	12	,	,	PUNCT
ftr-463	1492	13	and	and	CCONJ
ftr-463	1492	14	should	should	AUX
ftr-463	1492	15	not	not	PART
ftr-463	1492	16	be	be	AUX
ftr-463	1492	17	constrained	constrain	VERB
ftr-463	1492	18	by	by	ADP
ftr-463	1492	19	judicial	judicial	ADJ
ftr-463	1492	20	thresholds	threshold	NOUN
ftr-463	1492	21	fashioned	fashion	VERB
ftr-463	1492	22	in	in	ADP
ftr-463	1492	23	the	the	DET
ftr-463	1492	24	absence	absence	NOUN
ftr-463	1492	25	of	of	ADP
ftr-463	1492	26	regulatory	regulatory	ADJ
ftr-463	1492	27	guidance	guidance	NOUN
ftr-463	1492	28	.	.	PUNCT
ftr-463	1493	1	moreover	moreover	ADV
ftr-463	1493	2	,	,	PUNCT
ftr-463	1493	3	if	if	SCONJ
ftr-463	1493	4	this	this	DET
ftr-463	1493	5	absolute	absolute	ADJ
ftr-463	1493	6	threshold	threshold	NOUN
ftr-463	1493	7	was	be	AUX
ftr-463	1493	8	lower	low	ADJ
ftr-463	1493	9	than	than	ADP
ftr-463	1493	10	the	the	DET
ftr-463	1493	11	50	50	NUM
ftr-463	1493	12	%	%	NOUN
ftr-463	1493	13	representation	representation	NOUN
ftr-463	1493	14	required	require	VERB
ftr-463	1493	15	by	by	ADP
ftr-463	1493	16	revenue	revenue	NOUN
ftr-463	1493	17	procedure	procedure	NOUN
ftr-463	1493	18	77	77	NUM
ftr-463	1493	19	-	-	SYM
ftr-463	1493	20	37	37	NUM
ftr-463	1493	21	,	,	PUNCT
ftr-463	1493	22	but	but	CCONJ
ftr-463	1493	23	high	high	ADJ
ftr-463	1493	24	enough	enough	ADV
ftr-463	1493	25	to	to	PART
ftr-463	1493	26	ensure	ensure	VERB
ftr-463	1493	27	that	that	SCONJ
ftr-463	1493	28	some	some	DET
ftr-463	1493	29	real	real	ADJ
ftr-463	1493	30	portion	portion	NOUN
ftr-463	1493	31	of	of	ADP
ftr-463	1493	32	the	the	DET
ftr-463	1493	33	acquiror	acquiror	NOUN
ftr-463	1493	34	's	's	PART
ftr-463	1493	35	consideration	consideration	NOUN
ftr-463	1493	36	consists	consist	VERB
ftr-463	1493	37	of	of	ADP
ftr-463	1493	38	stock	stock	NOUN
ftr-463	1493	39	,	,	PUNCT
ftr-463	1493	40	continuity	continuity	NOUN
ftr-463	1493	41	could	could	AUX
ftr-463	1493	42	be	be	AUX
ftr-463	1493	43	returned	return	VERB
ftr-463	1493	44	to	to	ADP
ftr-463	1493	45	a	a	DET
ftr-463	1493	46	test	test	NOUN
ftr-463	1493	47	for	for	ADP
ftr-463	1493	48	distinguishing	distinguish	VERB
ftr-463	1493	49	a	a	DET
ftr-463	1493	50	taxable	taxable	ADJ
ftr-463	1493	51	sale	sale	NOUN
ftr-463	1493	52	from	from	ADP
ftr-463	1493	53	a	a	DET
ftr-463	1493	54	merger	merger	NOUN
ftr-463	1493	55	-	-	PUNCT
ftr-463	1493	56	like	like	ADJ
ftr-463	1493	57	reorganization	reorganization	NOUN
ftr-463	1493	58	,	,	PUNCT
ftr-463	1493	59	but	but	CCONJ
ftr-463	1493	60	not	not	PART
ftr-463	1493	61	one	one	NOUN
ftr-463	1493	62	that	that	PRON
ftr-463	1493	63	acts	act	VERB
ftr-463	1493	64	as	as	ADP
ftr-463	1493	65	an	an	DET
ftr-463	1493	66	obstacle	obstacle	NOUN
ftr-463	1493	67	to	to	PART
ftr-463	1493	68	nonabusive	nonabusive	VERB
ftr-463	1493	69	tax	tax	NOUN
ftr-463	1493	70	-	-	PUNCT
ftr-463	1493	71	free	free	ADJ
ftr-463	1493	72	combinations	combination	NOUN
ftr-463	1493	73	.	.	PUNCT
ftr-463	1494	1	this	this	DET
ftr-463	1494	2	change	change	NOUN
ftr-463	1494	3	would	would	AUX
ftr-463	1494	4	not	not	PART
ftr-463	1494	5	be	be	AUX
ftr-463	1494	6	a	a	DET
ftr-463	1494	7	panacea	panacea	NOUN
ftr-463	1494	8	.	.	PUNCT
ftr-463	1495	1	if	if	SCONJ
ftr-463	1495	2	the	the	DET
ftr-463	1495	3	test	test	NOUN
ftr-463	1495	4	was	be	AUX
ftr-463	1495	5	still	still	ADV
ftr-463	1495	6	applied	apply	VERB
ftr-463	1495	7	at	at	ADP
ftr-463	1495	8	the	the	DET
ftr-463	1495	9	shareholder	shareholder	NOUN
ftr-463	1495	10	level	level	NOUN
ftr-463	1495	11	so	so	SCONJ
ftr-463	1495	12	that	that	SCONJ
ftr-463	1495	13	solely	solely	ADV
ftr-463	1495	14	stock	stock	NOUN
ftr-463	1495	15	consideration	consideration	NOUN
ftr-463	1495	16	would	would	AUX
ftr-463	1495	17	not	not	PART
ftr-463	1495	18	assure	assure	VERB
ftr-463	1495	19	tax	tax	NOUN
ftr-463	1495	20	-	-	PUNCT
ftr-463	1495	21	free	free	ADJ
ftr-463	1495	22	status	status	NOUN
ftr-463	1495	23	,	,	PUNCT
ftr-463	1495	24	it	it	PRON
ftr-463	1495	25	would	would	AUX
ftr-463	1495	26	not	not	PART
ftr-463	1495	27	fully	fully	ADV
ftr-463	1495	28	eliminate	eliminate	VERB
ftr-463	1495	29	uncertainty	uncertainty	NOUN
ftr-463	1495	30	or	or	CCONJ
ftr-463	1495	31	inadministrability	inadministrability	NOUN
ftr-463	1495	32	.	.	PUNCT
ftr-463	1496	1	also	also	ADV
ftr-463	1496	2	,	,	PUNCT
ftr-463	1496	3	if	if	SCONJ
ftr-463	1496	4	lack	lack	NOUN
ftr-463	1496	5	of	of	ADP
ftr-463	1496	6	continuity	continuity	NOUN
ftr-463	1496	7	continues	continue	VERB
ftr-463	1496	8	to	to	PART
ftr-463	1496	9	affect	affect	VERB
ftr-463	1496	10	shareholder	shareholder	NOUN
ftr-463	1496	11	taxation	taxation	NOUN
ftr-463	1496	12	,	,	PUNCT
ftr-463	1496	13	as	as	ADV
ftr-463	1496	14	well	well	ADV
ftr-463	1496	15	as	as	ADP
ftr-463	1496	16	the	the	DET
ftr-463	1496	17	taxation	taxation	NOUN
ftr-463	1496	18	of	of	ADP
ftr-463	1496	19	the	the	DET
ftr-463	1496	20	corporations	corporation	NOUN
ftr-463	1496	21	,	,	PUNCT
ftr-463	1496	22	this	this	DET
ftr-463	1496	23	change	change	NOUN
ftr-463	1496	24	would	would	AUX
ftr-463	1496	25	not	not	PART
ftr-463	1496	26	eliminate	eliminate	VERB
ftr-463	1496	27	the	the	DET
ftr-463	1496	28	unfairness	unfairness	NOUN
ftr-463	1496	29	of	of	ADP
ftr-463	1496	30	minority	minority	NOUN
ftr-463	1496	31	shareholders	shareholder	NOUN
ftr-463	1496	32	being	be	AUX
ftr-463	1496	33	taxed	tax	VERB
ftr-463	1496	34	on	on	ADP
ftr-463	1496	35	the	the	DET
ftr-463	1496	36	receipt	receipt	NOUN
ftr-463	1496	37	of	of	ADP
ftr-463	1496	38	acquiror	acquiror	NOUN
ftr-463	1496	39	stock	stock	NOUN
ftr-463	1496	40	in	in	ADP
ftr-463	1496	41	a	a	DET
ftr-463	1496	42	busted	busted	ADJ
ftr-463	1496	43	reorganization	reorganization	NOUN
ftr-463	1496	44	or	or	CCONJ
ftr-463	1496	45	the	the	DET
ftr-463	1496	46	potential	potential	NOUN
ftr-463	1496	47	for	for	ADP
ftr-463	1496	48	future	future	ADJ
ftr-463	1496	49	seagram	seagram	NOUN
ftr-463	1496	50	-	-	PUNCT
ftr-463	1496	51	type	type	NOUN
ftr-463	1496	52	litigation	litigation	NOUN
ftr-463	1496	53	.	.	PUNCT
ftr-463	1497	1	5	5	X
ftr-463	1497	2	.	.	X
ftr-463	1497	3	objective	objective	ADJ
ftr-463	1497	4	continuity	continuity	NOUN
ftr-463	1497	5	test	test	NOUN
ftr-463	1497	6	determined	determine	VERB
ftr-463	1497	7	exclusively	exclusively	ADV
ftr-463	1497	8	at	at	ADP
ftr-463	1497	9	the	the	DET
ftr-463	1497	10	corporate	corporate	ADJ
ftr-463	1497	11	level.-finally	level.-finally	PROPN
ftr-463	1497	12	,	,	PUNCT
ftr-463	1497	13	the	the	DET
ftr-463	1497	14	tax	tax	NOUN
ftr-463	1497	15	court	court	NOUN
ftr-463	1497	16	's	's	PART
ftr-463	1497	17	view	view	NOUN
ftr-463	1497	18	in	in	ADP
ftr-463	1497	19	seagram	seagram	NOUN
ftr-463	1497	20	could	could	AUX
ftr-463	1497	21	be	be	AUX
ftr-463	1497	22	codified	codify	VERB
ftr-463	1497	23	,	,	PUNCT
ftr-463	1497	24	returning	return	VERB
ftr-463	1497	25	continuity	continuity	NOUN
ftr-463	1497	26	to	to	ADP
ftr-463	1497	27	an	an	DET
ftr-463	1497	28	objective	objective	ADJ
ftr-463	1497	29	test	test	NOUN
ftr-463	1497	30	depending	depend	VERB
ftr-463	1497	31	only	only	ADV
ftr-463	1497	32	on	on	ADP
ftr-463	1497	33	the	the	DET
ftr-463	1497	34	nature	nature	NOUN
ftr-463	1497	35	and	and	CCONJ
ftr-463	1497	36	amount	amount	NOUN
ftr-463	1497	37	of	of	ADP
ftr-463	1497	38	the	the	DET
ftr-463	1497	39	acquiror	acquiror	NOUN
ftr-463	1497	40	's	's	PART
ftr-463	1497	41	consideration	consideration	NOUN
ftr-463	1497	42	,	,	PUNCT
ftr-463	1497	43	without	without	ADP
ftr-463	1497	44	regard	regard	NOUN
ftr-463	1497	45	for	for	ADP
ftr-463	1497	46	the	the	DET
ftr-463	1497	47	preor	preor	NOUN
ftr-463	1497	48	post	post	ADJ
ftr-463	1497	49	-	-	ADJ
ftr-463	1497	50	acquisition	acquisition	ADJ
ftr-463	1497	51	conduct	conduct	NOUN
ftr-463	1497	52	of	of	ADP
ftr-463	1497	53	target	target	NOUN
ftr-463	1497	54	shareholders	shareholder	NOUN
ftr-463	1497	55	or	or	CCONJ
ftr-463	1497	56	the	the	DET
ftr-463	1497	57	use	use	NOUN
ftr-463	1497	58	of	of	ADP
ftr-463	1497	59	the	the	DET
ftr-463	1497	60	target	target	NOUN
ftr-463	1497	61	's	's	PART
ftr-463	1497	62	assets	asset	NOUN
ftr-463	1497	63	.	.	PUNCT
ftr-463	1498	1	under	under	ADP
ftr-463	1498	2	this	this	DET
ftr-463	1498	3	view	view	NOUN
ftr-463	1498	4	,	,	PUNCT
ftr-463	1498	5	cases	case	NOUN
ftr-463	1498	6	like	like	ADP
ftr-463	1498	7	superior	superior	ADJ
ftr-463	1498	8	coach	coach	NOUN
ftr-463	1498	9	and	and	CCONJ
ftr-463	1498	10	kass	kass	PROPN
ftr-463	1498	11	would	would	AUX
ftr-463	1498	12	be	be	AUX
ftr-463	1498	13	understood	understand	VERB
ftr-463	1498	14	as	as	ADP
ftr-463	1498	15	resting	rest	VERB
ftr-463	1498	16	entirely	entirely	ADV
ftr-463	1498	17	upon	upon	SCONJ
ftr-463	1498	18	the	the	DET
ftr-463	1498	19	integrated	integrate	VERB
ftr-463	1498	20	transaction	transaction	NOUN
ftr-463	1498	21	doctrine	doctrine	NOUN
ftr-463	1498	22	(	(	PUNCT
ftr-463	1498	23	and	and	CCONJ
ftr-463	1498	24	not	not	PART
ftr-463	1498	25	continuity	continuity	NOUN
ftr-463	1498	26	)	)	PUNCT
ftr-463	1498	27	,	,	PUNCT
ftr-463	1498	28	and	and	CCONJ
ftr-463	1498	29	the	the	DET
ftr-463	1498	30	shareholder	shareholder	NOUN
ftr-463	1498	31	conduct	conduct	NOUN
ftr-463	1498	32	cases	case	NOUN
ftr-463	1498	33	would	would	AUX
ftr-463	1498	34	be	be	AUX
ftr-463	1498	35	understood	understand	VERB
ftr-463	1498	36	as	as	ADP
ftr-463	1498	37	resting	rest	VERB
ftr-463	1498	38	solely	solely	ADV
ftr-463	1498	39	upon	upon	SCONJ
ftr-463	1498	40	the	the	DET
ftr-463	1498	41	taxpayer	taxpayer	NOUN
ftr-463	1498	42	's	's	PART
ftr-463	1498	43	limited	limited	ADJ
ftr-463	1498	44	ability	ability	NOUN
ftr-463	1498	45	to	to	PART
ftr-463	1498	46	invoke	invoke	VERB
ftr-463	1498	47	the	the	DET
ftr-463	1498	48	step	step	NOUN
ftr-463	1498	49	transaction	transaction	NOUN
ftr-463	1498	50	doctrine	doctrine	NOUN
ftr-463	1498	51	where	where	SCONJ
ftr-463	1498	52	all	all	DET
ftr-463	1498	53	relevant	relevant	ADJ
ftr-463	1498	54	parties	party	NOUN
ftr-463	1498	55	agree	agree	VERB
ftr-463	1498	56	to	to	PART
ftr-463	1498	57	take	take	VERB
ftr-463	1498	58	consistent	consistent	ADJ
ftr-463	1498	59	tax	tax	NOUN
ftr-463	1498	60	positions	position	NOUN
ftr-463	1498	61	.	.	PUNCT
ftr-463	1499	1	it	it	PRON
ftr-463	1499	2	is	be	AUX
ftr-463	1499	3	this	this	DET
ftr-463	1499	4	evolved	evolved	ADJ
ftr-463	1499	5	but	but	CCONJ
ftr-463	1499	6	limited	limited	ADJ
ftr-463	1499	7	form	form	NOUN
ftr-463	1499	8	of	of	ADP
ftr-463	1499	9	continuity	continuity	NOUN
ftr-463	1499	10	that	that	PRON
ftr-463	1499	11	,	,	PUNCT
ftr-463	1499	12	while	while	SCONJ
ftr-463	1499	13	far	far	ADV
ftr-463	1499	14	from	from	ADP
ftr-463	1499	15	perfect	perfect	ADJ
ftr-463	1499	16	,	,	PUNCT
ftr-463	1499	17	shows	show	VERB
ftr-463	1499	18	the	the	DET
ftr-463	1499	19	most	most	ADJ
ftr-463	1499	20	promise	promise	NOUN
ftr-463	1499	21	for	for	ADP
ftr-463	1499	22	the	the	DET
ftr-463	1499	23	doctrine	doctrine	NOUN
ftr-463	1499	24	's	's	PART
ftr-463	1499	25	long	long	ADJ
ftr-463	1499	26	-	-	PUNCT
ftr-463	1499	27	term	term	NOUN
ftr-463	1499	28	survival	survival	NOUN
ftr-463	1499	29	.	.	PUNCT
ftr-463	1500	1	this	this	DET
ftr-463	1500	2	alternative	alternative	NOUN
ftr-463	1500	3	,	,	PUNCT
ftr-463	1500	4	if	if	SCONJ
ftr-463	1500	5	adopted	adopt	VERB
ftr-463	1500	6	,	,	PUNCT
ftr-463	1500	7	would	would	AUX
ftr-463	1500	8	create	create	VERB
ftr-463	1500	9	a	a	DET
ftr-463	1500	10	historical	historical	ADJ
ftr-463	1500	11	anomaly	anomaly	NOUN
ftr-463	1500	12	:	:	PUNCT
ftr-463	1500	13	continuity	continuity	NOUN
ftr-463	1500	14	could	could	AUX
ftr-463	1500	15	deny	deny	VERB
ftr-463	1500	16	reorganization	reorganization	NOUN
ftr-463	1500	17	treatment	treatment	NOUN
ftr-463	1500	18	to	to	ADP
ftr-463	1500	19	statutory	statutory	ADJ
ftr-463	1500	20	mergers	merger	NOUN
ftr-463	1500	21	and	and	CCONJ
ftr-463	1500	22	consolidations	consolidation	NOUN
ftr-463	1500	23	(	(	PUNCT
ftr-463	1500	24	the	the	DET
ftr-463	1500	25	model	model	NOUN
ftr-463	1500	26	for	for	ADP
ftr-463	1500	27	nonrecognition	nonrecognition	NOUN
ftr-463	1500	28	treatment	treatment	NOUN
ftr-463	1500	29	)	)	PUNCT
ftr-463	1500	30	,	,	PUNCT
ftr-463	1500	31	but	but	CCONJ
ftr-463	1500	32	would	would	AUX
ftr-463	1500	33	generally	generally	ADV
ftr-463	1500	34	not	not	PART
ftr-463	1500	35	apply	apply	VERB
ftr-463	1500	36	to	to	ADP
ftr-463	1500	37	other	other	ADJ
ftr-463	1500	38	types	type	NOUN
ftr-463	1500	39	of	of	ADP
ftr-463	1500	40	reorganizations	reorganization	NOUN
ftr-463	1500	41	.	.	PUNCT
ftr-463	1501	1	however	however	ADV
ftr-463	1501	2	,	,	PUNCT
ftr-463	1501	3	the	the	DET
ftr-463	1501	4	application	application	NOUN
ftr-463	1501	5	of	of	ADP
ftr-463	1501	6	continuity	continuity	NOUN
ftr-463	1501	7	to	to	ADP
ftr-463	1501	8	statutory	statutory	ADJ
ftr-463	1501	9	mergers	merger	NOUN
ftr-463	1501	10	and	and	CCONJ
ftr-463	1501	11	consolidations	consolidation	NOUN
ftr-463	1501	12	is	be	AUX
ftr-463	1501	13	supported	support	VERB
ftr-463	1501	14	by	by	ADP
ftr-463	1501	15	the	the	DET
ftr-463	1501	16	relevant	relevant	ADJ
ftr-463	1501	17	policies	policy	NOUN
ftr-463	1501	18	.	.	PUNCT
ftr-463	1502	1	although	although	SCONJ
ftr-463	1502	2	the	the	DET
ftr-463	1502	3	code	code	NOUN
ftr-463	1502	4	is	be	AUX
ftr-463	1502	5	devoid	devoid	ADJ
ftr-463	1502	6	of	of	ADP
ftr-463	1502	7	additional	additional	ADJ
ftr-463	1502	8	qualification	qualification	NOUN
ftr-463	1502	9	requirements	requirement	NOUN
ftr-463	1502	10	220	220	NUM
ftr-463	1502	11	.	.	PUNCT
ftr-463	1503	1	see	see	VERB
ftr-463	1503	2	bittker	bittker	NOUN
ftr-463	1503	3	&	&	CCONJ
ftr-463	1503	4	eustice	eustice	PROPN
ftr-463	1503	5	,	,	PUNCT
ftr-463	1503	6	supra	supra	PROPN
ftr-463	1503	7	note	note	PROPN
ftr-463	1503	8	5	5	NUM
ftr-463	1503	9	,	,	PUNCT
ftr-463	1503	10	12.26[21	12.26[21	NUM
ftr-463	1503	11	at	at	ADP
ftr-463	1503	12	12	12	NUM
ftr-463	1503	13	-	-	SYM
ftr-463	1503	14	92	92	NUM
ftr-463	1503	15	to	to	PART
ftr-463	1503	16	12	12	NUM
ftr-463	1503	17	-	-	SYM
ftr-463	1503	18	93	93	NUM
ftr-463	1503	19	.	.	PUNCT
ftr-463	1504	1	[	[	X
ftr-463	1504	2	vol	vol	NOUN
ftr-463	1504	3	.	.	PUNCT
ftr-463	1504	4	3:5	3:5	NUM
ftr-463	1504	5	1996	1996	NUM
ftr-463	1504	6	]	]	PUNCT
ftr-463	1504	7	devolution	devolution	NOUN
ftr-463	1504	8	&	&	CCONJ
ftr-463	1504	9	inevitable	inevitable	ADJ
ftr-463	1504	10	ertinction	ertinction	NOUN
ftr-463	1504	11	of	of	ADP
ftr-463	1504	12	the	the	DET
ftr-463	1504	13	continuit	continuit	NOUN
ftr-463	1504	14	.	.	PUNCT
ftr-463	1505	1	of	of	ADP
ftr-463	1505	2	interest	interest	NOUN
ftr-463	1505	3	doctrine	doctrine	NOUN
ftr-463	1505	4	255	255	NUM
ftr-463	1505	5	for	for	ADP
ftr-463	1505	6	a	a	DET
ftr-463	1505	7	statutory	statutory	ADJ
ftr-463	1505	8	merger	merger	NOUN
ftr-463	1505	9	or	or	CCONJ
ftr-463	1505	10	consolidation	consolidation	NOUN
ftr-463	1505	11	,	,	PUNCT
ftr-463	1505	12	it	it	PRON
ftr-463	1505	13	would	would	AUX
ftr-463	1505	14	exalt	exalt	VERB
ftr-463	1505	15	form	form	NOUN
ftr-463	1505	16	over	over	ADP
ftr-463	1505	17	substance	substance	NOUN
ftr-463	1505	18	to	to	PART
ftr-463	1505	19	permit	permit	VERB
ftr-463	1505	20	local	local	ADJ
ftr-463	1505	21	law	law	NOUN
ftr-463	1505	22	definitions	definition	NOUN
ftr-463	1505	23	to	to	PART
ftr-463	1505	24	dictate	dictate	VERB
ftr-463	1505	25	federal	federal	ADJ
ftr-463	1505	26	income	income	NOUN
ftr-463	1505	27	tax	tax	NOUN
ftr-463	1505	28	consequences	consequence	NOUN
ftr-463	1505	29	,	,	PUNCT
ftr-463	1505	30	especially	especially	ADV
ftr-463	1505	31	in	in	ADP
ftr-463	1505	32	the	the	DET
ftr-463	1505	33	flexible	flexible	ADJ
ftr-463	1505	34	world	world	NOUN
ftr-463	1505	35	of	of	ADP
ftr-463	1505	36	state	state	NOUN
ftr-463	1505	37	corporate	corporate	ADJ
ftr-463	1505	38	statutes	statute	NOUN
ftr-463	1505	39	.	.	PUNCT
ftr-463	1506	1	as	as	SCONJ
ftr-463	1506	2	the	the	DET
ftr-463	1506	3	recent	recent	ADJ
ftr-463	1506	4	experience	experience	NOUN
ftr-463	1506	5	with	with	ADP
ftr-463	1506	6	limited	limited	ADJ
ftr-463	1506	7	liability	liability	NOUN
ftr-463	1506	8	company	company	NOUN
ftr-463	1506	9	legislation	legislation	NOUN
ftr-463	1506	10	so	so	ADV
ftr-463	1506	11	aptly	aptly	ADV
ftr-463	1506	12	demonstrates	demonstrate	VERB
ftr-463	1506	13	,	,	PUNCT
ftr-463	1506	14	states	state	NOUN
ftr-463	1506	15	are	be	AUX
ftr-463	1506	16	not	not	PART
ftr-463	1506	17	beyond	beyond	ADP
ftr-463	1506	18	passing	pass	VERB
ftr-463	1506	19	legislation	legislation	NOUN
ftr-463	1506	20	solely	solely	ADV
ftr-463	1506	21	to	to	PART
ftr-463	1506	22	facilitate	facilitate	VERB
ftr-463	1506	23	desired	desire	VERB
ftr-463	1506	24	federal	federal	ADJ
ftr-463	1506	25	income	income	NOUN
ftr-463	1506	26	tax	tax	NOUN
ftr-463	1506	27	results	result	NOUN
ftr-463	1506	28	.	.	PUNCT
ftr-463	1507	1	at	at	ADP
ftr-463	1507	2	this	this	DET
ftr-463	1507	3	late	late	ADJ
ftr-463	1507	4	date	date	NOUN
ftr-463	1507	5	,	,	PUNCT
ftr-463	1507	6	congress	congress	PROPN
ftr-463	1507	7	'	'	PART
ftr-463	1507	8	lack	lack	NOUN
ftr-463	1507	9	of	of	ADP
ftr-463	1507	10	foresight	foresight	NOUN
ftr-463	1507	11	in	in	ADP
ftr-463	1507	12	drafting	draft	VERB
ftr-463	1507	13	section	section	NOUN
ftr-463	1507	14	368(a)(1)(a	368(a)(1)(a	NUM
ftr-463	1507	15	)	)	PUNCT
ftr-463	1507	16	to	to	PART
ftr-463	1507	17	hinge	hinge	VERB
ftr-463	1507	18	on	on	ADP
ftr-463	1507	19	state	state	NOUN
ftr-463	1507	20	law	law	NOUN
ftr-463	1507	21	definitions	definition	NOUN
ftr-463	1507	22	can	can	AUX
ftr-463	1507	23	be	be	AUX
ftr-463	1507	24	excused	excuse	VERB
ftr-463	1507	25	.	.	PUNCT
ftr-463	1508	1	presumably	presumably	ADV
ftr-463	1508	2	,	,	PUNCT
ftr-463	1508	3	if	if	SCONJ
ftr-463	1508	4	roebling	roebling	NOUN
ftr-463	1508	5	had	have	AUX
ftr-463	1508	6	gone	go	VERB
ftr-463	1508	7	the	the	DET
ftr-463	1508	8	other	other	ADJ
ftr-463	1508	9	way	way	NOUN
ftr-463	1508	10	,	,	PUNCT
ftr-463	1508	11	and	and	CCONJ
ftr-463	1508	12	a	a	DET
ftr-463	1508	13	statutory	statutory	ADJ
ftr-463	1508	14	merger	merger	NOUN
ftr-463	1508	15	with	with	ADP
ftr-463	1508	16	solely	solely	ADV
ftr-463	1508	17	cash	cash	NOUN
ftr-463	1508	18	consideration	consideration	NOUN
ftr-463	1508	19	had	have	AUX
ftr-463	1508	20	been	be	AUX
ftr-463	1508	21	held	hold	VERB
ftr-463	1508	22	to	to	PART
ftr-463	1508	23	be	be	AUX
ftr-463	1508	24	a	a	DET
ftr-463	1508	25	reorganization	reorganization	NOUN
ftr-463	1508	26	,	,	PUNCT
ftr-463	1508	27	congress	congress	PROPN
ftr-463	1508	28	would	would	AUX
ftr-463	1508	29	have	have	AUX
ftr-463	1508	30	intervened	intervene	VERB
ftr-463	1508	31	with	with	ADP
ftr-463	1508	32	a	a	DET
ftr-463	1508	33	stock	stock	NOUN
ftr-463	1508	34	consideration	consideration	NOUN
ftr-463	1508	35	requirement	requirement	NOUN
ftr-463	1508	36	for	for	ADP
ftr-463	1508	37	statutory	statutory	ADJ
ftr-463	1508	38	mergers	merger	NOUN
ftr-463	1508	39	.	.	PUNCT
ftr-463	1509	1	accordingly	accordingly	ADV
ftr-463	1509	2	,	,	PUNCT
ftr-463	1509	3	continuity	continuity	NOUN
ftr-463	1509	4	should	should	AUX
ftr-463	1509	5	continue	continue	VERB
ftr-463	1509	6	to	to	PART
ftr-463	1509	7	apply	apply	VERB
ftr-463	1509	8	to	to	ADP
ftr-463	1509	9	statutory	statutory	ADJ
ftr-463	1509	10	mergers	merger	NOUN
ftr-463	1509	11	and	and	CCONJ
ftr-463	1509	12	consolidations	consolidation	NOUN
ftr-463	1509	13	.	.	PUNCT
ftr-463	1510	1	so	so	ADV
ftr-463	1510	2	evolved	evolve	VERB
ftr-463	1510	3	-	-	PUNCT
ftr-463	1510	4	or	or	CCONJ
ftr-463	1510	5	devolved	devolve	VERB
ftr-463	1510	6	to	to	ADP
ftr-463	1510	7	its	its	PRON
ftr-463	1510	8	embryonic	embryonic	ADJ
ftr-463	1510	9	form	form	NOUN
ftr-463	1510	10	-	-	PUNCT
ftr-463	1510	11	continuity	continuity	NOUN
ftr-463	1510	12	would	would	AUX
ftr-463	1510	13	serve	serve	VERB
ftr-463	1510	14	the	the	DET
ftr-463	1510	15	purpose	purpose	NOUN
ftr-463	1510	16	for	for	ADP
ftr-463	1510	17	which	which	PRON
ftr-463	1510	18	it	it	PRON
ftr-463	1510	19	was	be	AUX
ftr-463	1510	20	designed	design	VERB
ftr-463	1510	21	:	:	PUNCT
ftr-463	1510	22	exposing	expose	VERB
ftr-463	1510	23	the	the	DET
ftr-463	1510	24	naked	naked	ADJ
ftr-463	1510	25	corporate	corporate	ADJ
ftr-463	1510	26	asset	asset	NOUN
ftr-463	1510	27	sale	sale	NOUN
ftr-463	1510	28	that	that	PRON
ftr-463	1510	29	is	be	AUX
ftr-463	1510	30	draped	drape	VERB
ftr-463	1510	31	in	in	ADP
ftr-463	1510	32	the	the	DET
ftr-463	1510	33	robes	robe	NOUN
ftr-463	1510	34	of	of	ADP
ftr-463	1510	35	a	a	DET
ftr-463	1510	36	reorganization	reorganization	NOUN
ftr-463	1510	37	.	.	PUNCT
ftr-463	1511	1	it	it	PRON
ftr-463	1511	2	would	would	AUX
ftr-463	1511	3	not	not	PART
ftr-463	1511	4	,	,	PUNCT
ftr-463	1511	5	however	however	ADV
ftr-463	1511	6	,	,	PUNCT
ftr-463	1511	7	endanger	endanger	VERB
ftr-463	1511	8	those	those	DET
ftr-463	1511	9	tax	tax	NOUN
ftr-463	1511	10	-	-	PUNCT
ftr-463	1511	11	free	free	ADJ
ftr-463	1511	12	acquisitions	acquisition	NOUN
ftr-463	1511	13	,	,	PUNCT
ftr-463	1511	14	such	such	ADJ
ftr-463	1511	15	as	as	ADP
ftr-463	1511	16	the	the	DET
ftr-463	1511	17	seagram	seagram	NOUN
ftr-463	1511	18	transaction	transaction	NOUN
ftr-463	1511	19	,	,	PUNCT
ftr-463	1511	20	that	that	PRON
ftr-463	1511	21	bear	bear	VERB
ftr-463	1511	22	all	all	DET
ftr-463	1511	23	the	the	DET
ftr-463	1511	24	characteristics	characteristic	NOUN
ftr-463	1511	25	of	of	ADP
ftr-463	1511	26	a	a	DET
ftr-463	1511	27	reorganization	reorganization	NOUN
ftr-463	1511	28	at	at	ADP
ftr-463	1511	29	the	the	DET
ftr-463	1511	30	corporate	corporate	ADJ
ftr-463	1511	31	level	level	NOUN
ftr-463	1511	32	.	.	PUNCT
ftr-463	1512	1	continuity	continuity	NOUN
ftr-463	1512	2	's	's	PART
ftr-463	1512	3	breath	breath	NOUN
ftr-463	1512	4	should	should	AUX
ftr-463	1512	5	extend	extend	VERB
ftr-463	1512	6	no	no	PRON
ftr-463	1512	7	further	far	ADV
ftr-463	1512	8	.	.	PUNCT
ftr-463	1513	1	there	there	PRON
ftr-463	1513	2	is	be	VERB
ftr-463	1513	3	no	no	DET
ftr-463	1513	4	need	need	NOUN
ftr-463	1513	5	to	to	PART
ftr-463	1513	6	deny	deny	VERB
ftr-463	1513	7	reorganization	reorganization	NOUN
ftr-463	1513	8	treatment	treatment	NOUN
ftr-463	1513	9	at	at	ADP
ftr-463	1513	10	the	the	DET
ftr-463	1513	11	corporate	corporate	ADJ
ftr-463	1513	12	level	level	NOUN
ftr-463	1513	13	solely	solely	ADV
ftr-463	1513	14	as	as	ADP
ftr-463	1513	15	a	a	DET
ftr-463	1513	16	result	result	NOUN
ftr-463	1513	17	of	of	ADP
ftr-463	1513	18	a	a	DET
ftr-463	1513	19	shift	shift	NOUN
ftr-463	1513	20	in	in	ADP
ftr-463	1513	21	the	the	DET
ftr-463	1513	22	target	target	NOUN
ftr-463	1513	23	shareholders	shareholder	NOUN
ftr-463	1513	24	remaining	remaining	AUX
ftr-463	1513	25	invested	invest	VERB
ftr-463	1513	26	in	in	ADP
ftr-463	1513	27	the	the	DET
ftr-463	1513	28	wake	wake	NOUN
ftr-463	1513	29	of	of	ADP
ftr-463	1513	30	the	the	DET
ftr-463	1513	31	acquisition	acquisition	NOUN
ftr-463	1513	32	.	.	PUNCT
ftr-463	1514	1	from	from	ADP
ftr-463	1514	2	the	the	DET
ftr-463	1514	3	corporate	corporate	ADJ
ftr-463	1514	4	perspective	perspective	NOUN
ftr-463	1514	5	,	,	PUNCT
ftr-463	1514	6	the	the	DET
ftr-463	1514	7	transaction	transaction	NOUN
ftr-463	1514	8	is	be	AUX
ftr-463	1514	9	unaffected	unaffected	ADJ
ftr-463	1514	10	by	by	ADP
ftr-463	1514	11	the	the	DET
ftr-463	1514	12	identity	identity	NOUN
ftr-463	1514	13	of	of	ADP
ftr-463	1514	14	the	the	DET
ftr-463	1514	15	combined	combined	ADJ
ftr-463	1514	16	entity	entity	NOUN
ftr-463	1514	17	's	's	PART
ftr-463	1514	18	shareholders	shareholder	NOUN
ftr-463	1514	19	.	.	PUNCT
ftr-463	1515	1	to	to	PART
ftr-463	1515	2	ensure	ensure	VERB
ftr-463	1515	3	that	that	SCONJ
ftr-463	1515	4	sections	section	NOUN
ftr-463	1515	5	354	354	NUM
ftr-463	1515	6	and	and	CCONJ
ftr-463	1515	7	356	356	NUM
ftr-463	1515	8	are	be	AUX
ftr-463	1515	9	sufficient	sufficient	ADJ
ftr-463	1515	10	to	to	PART
ftr-463	1515	11	prevent	prevent	VERB
ftr-463	1515	12	the	the	DET
ftr-463	1515	13	betrayal	betrayal	NOUN
ftr-463	1515	14	of	of	ADP
ftr-463	1515	15	shareholder	shareholder	NOUN
ftr-463	1515	16	-	-	PUNCT
ftr-463	1515	17	level	level	NOUN
ftr-463	1515	18	policies	policy	NOUN
ftr-463	1515	19	,	,	PUNCT
ftr-463	1515	20	it	it	PRON
ftr-463	1515	21	may	may	AUX
ftr-463	1515	22	be	be	AUX
ftr-463	1515	23	appropriate	appropriate	ADJ
ftr-463	1515	24	to	to	PART
ftr-463	1515	25	tighten	tighten	VERB
ftr-463	1515	26	the	the	DET
ftr-463	1515	27	definition	definition	NOUN
ftr-463	1515	28	of	of	ADP
ftr-463	1515	29	"	"	PUNCT
ftr-463	1515	30	stock	stock	NOUN
ftr-463	1515	31	or	or	CCONJ
ftr-463	1515	32	securities	security	NOUN
ftr-463	1515	33	,	,	PUNCT
ftr-463	1515	34	"	"	PUNCT
ftr-463	1515	35	whose	whose	DET
ftr-463	1515	36	receipt	receipt	NOUN
ftr-463	1515	37	gauges	gauge	VERB
ftr-463	1515	38	the	the	DET
ftr-463	1515	39	extent	extent	NOUN
ftr-463	1515	40	of	of	ADP
ftr-463	1515	41	the	the	DET
ftr-463	1515	42	target	target	NOUN
ftr-463	1515	43	shareholders	shareholder	NOUN
ftr-463	1515	44	'	'	PART
ftr-463	1515	45	tax	tax	NOUN
ftr-463	1515	46	-	-	PUNCT
ftr-463	1515	47	free	free	ADJ
ftr-463	1515	48	treatment	treatment	NOUN
ftr-463	1515	49	.	.	PUNCT
ftr-463	1516	1	for	for	ADP
ftr-463	1516	2	example	example	NOUN
ftr-463	1516	3	,	,	PUNCT
ftr-463	1516	4	it	it	PRON
ftr-463	1516	5	is	be	AUX
ftr-463	1516	6	consistent	consistent	ADJ
ftr-463	1516	7	with	with	ADP
ftr-463	1516	8	these	these	DET
ftr-463	1516	9	shareholder	shareholder	NOUN
ftr-463	1516	10	-	-	PUNCT
ftr-463	1516	11	level	level	NOUN
ftr-463	1516	12	policies	policy	NOUN
ftr-463	1516	13	to	to	PART
ftr-463	1516	14	require	require	VERB
ftr-463	1516	15	that	that	SCONJ
ftr-463	1516	16	a	a	DET
ftr-463	1516	17	target	target	NOUN
ftr-463	1516	18	shareholder	shareholder	NOUN
ftr-463	1516	19	actually	actually	ADV
ftr-463	1516	20	bear	bear	VERB
ftr-463	1516	21	equity	equity	NOUN
ftr-463	1516	22	risk	risk	NOUN
ftr-463	1516	23	with	with	ADP
ftr-463	1516	24	respect	respect	NOUN
ftr-463	1516	25	to	to	ADP
ftr-463	1516	26	acquiror	acquiror	NOUN
ftr-463	1516	27	stock	stock	NOUN
ftr-463	1516	28	for	for	ADP
ftr-463	1516	29	some	some	DET
ftr-463	1516	30	period	period	NOUN
ftr-463	1516	31	of	of	ADP
ftr-463	1516	32	time	time	NOUN
ftr-463	1516	33	in	in	ADP
ftr-463	1516	34	order	order	NOUN
ftr-463	1516	35	to	to	PART
ftr-463	1516	36	receive	receive	VERB
ftr-463	1516	37	the	the	DET
ftr-463	1516	38	stock	stock	NOUN
ftr-463	1516	39	tax	tax	NOUN
ftr-463	1516	40	-	-	PUNCT
ftr-463	1516	41	free.2	free.2	NOUN
ftr-463	1516	42	'	'	PUNCT
ftr-463	1516	43	accordingly	accordingly	ADV
ftr-463	1516	44	,	,	PUNCT
ftr-463	1516	45	rules	rule	NOUN
ftr-463	1516	46	could	could	AUX
ftr-463	1516	47	be	be	AUX
ftr-463	1516	48	promulgated	promulgate	VERB
ftr-463	1516	49	to	to	PART
ftr-463	1516	50	deny	deny	VERB
ftr-463	1516	51	the	the	DET
ftr-463	1516	52	deferral	deferral	NOUN
ftr-463	1516	53	of	of	ADP
ftr-463	1516	54	gain	gain	NOUN
ftr-463	1516	55	on	on	ADP
ftr-463	1516	56	a	a	DET
ftr-463	1516	57	shareholderby	shareholderby	NOUN
ftr-463	1516	58	-	-	PUNCT
ftr-463	1516	59	shareholder	shareholder	NOUN
ftr-463	1516	60	basis	basis	NOUN
ftr-463	1516	61	if	if	SCONJ
ftr-463	1516	62	market	market	NOUN
ftr-463	1516	63	risk	risk	NOUN
ftr-463	1516	64	in	in	ADP
ftr-463	1516	65	the	the	DET
ftr-463	1516	66	acquiror	acquiror	NOUN
ftr-463	1516	67	is	be	AUX
ftr-463	1516	68	hedged	hedge	VERB
ftr-463	1516	69	with	with	ADP
ftr-463	1516	70	an	an	DET
ftr-463	1516	71	equity	equity	NOUN
ftr-463	1516	72	swap	swap	NOUN
ftr-463	1516	73	,	,	PUNCT
ftr-463	1516	74	short	short	ADJ
ftr-463	1516	75	sale	sale	NOUN
ftr-463	1516	76	,	,	PUNCT
ftr-463	1516	77	or	or	CCONJ
ftr-463	1516	78	other	other	ADJ
ftr-463	1516	79	device.y	device.y	PROPN
ftr-463	1516	80	however	however	ADV
ftr-463	1516	81	,	,	PUNCT
ftr-463	1516	82	it	it	PRON
ftr-463	1516	83	frustrates	frustrate	VERB
ftr-463	1516	84	the	the	DET
ftr-463	1516	85	congressional	congressional	ADJ
ftr-463	1516	86	policies	policy	NOUN
ftr-463	1516	87	favoring	favor	VERB
ftr-463	1516	88	shareholder	shareholder	NOUN
ftr-463	1516	89	nonrecognition	nonrecognition	NOUN
ftr-463	1516	90	treatment	treatment	NOUN
ftr-463	1516	91	to	to	AUX
ftr-463	1516	92	subject	subject	VERB
ftr-463	1516	93	target	target	NOUN
ftr-463	1516	94	221	221	NUM
ftr-463	1516	95	.	.	PUNCT
ftr-463	1517	1	the	the	DET
ftr-463	1517	2	clinton	clinton	PROPN
ftr-463	1517	3	administration	administration	NOUN
ftr-463	1517	4	has	have	AUX
ftr-463	1517	5	taken	take	VERB
ftr-463	1517	6	a	a	DET
ftr-463	1517	7	small	small	ADJ
ftr-463	1517	8	step	step	NOUN
ftr-463	1517	9	toward	toward	ADP
ftr-463	1517	10	this	this	DET
ftr-463	1517	11	requirement	requirement	NOUN
ftr-463	1517	12	by	by	ADP
ftr-463	1517	13	proposing	propose	VERB
ftr-463	1517	14	that	that	SCONJ
ftr-463	1517	15	certain	certain	ADJ
ftr-463	1517	16	preferred	preferred	ADJ
ftr-463	1517	17	stock	stock	NOUN
ftr-463	1517	18	be	be	AUX
ftr-463	1517	19	characterized	characterize	VERB
ftr-463	1517	20	as	as	ADP
ftr-463	1517	21	boot	boot	NOUN
ftr-463	1517	22	.	.	PUNCT
ftr-463	1518	1	as	as	SCONJ
ftr-463	1518	2	discussed	discuss	VERB
ftr-463	1518	3	in	in	ADP
ftr-463	1518	4	note	note	NOUN
ftr-463	1518	5	103	103	NUM
ftr-463	1518	6	,	,	PUNCT
ftr-463	1518	7	enactment	enactment	NOUN
ftr-463	1518	8	of	of	ADP
ftr-463	1518	9	this	this	DET
ftr-463	1518	10	proposal	proposal	NOUN
ftr-463	1518	11	should	should	AUX
ftr-463	1518	12	not	not	PART
ftr-463	1518	13	affect	affect	VERB
ftr-463	1518	14	preferred	preferred	ADJ
ftr-463	1518	15	stock	stock	NOUN
ftr-463	1518	16	's	's	PART
ftr-463	1518	17	privileged	privileged	ADJ
ftr-463	1518	18	status	status	NOUN
ftr-463	1518	19	as	as	ADP
ftr-463	1518	20	good	good	ADJ
ftr-463	1518	21	consideration	consideration	NOUN
ftr-463	1518	22	for	for	ADP
ftr-463	1518	23	continuity	continuity	NOUN
ftr-463	1518	24	purposes	purpose	NOUN
ftr-463	1518	25	.	.	PUNCT
ftr-463	1519	1	thus	thus	ADV
ftr-463	1519	2	,	,	PUNCT
ftr-463	1519	3	a	a	DET
ftr-463	1519	4	statutory	statutory	ADJ
ftr-463	1519	5	merger	merger	NOUN
ftr-463	1519	6	solely	solely	ADV
ftr-463	1519	7	for	for	ADP
ftr-463	1519	8	such	such	ADJ
ftr-463	1519	9	preferred	preferred	ADJ
ftr-463	1519	10	stock	stock	NOUN
ftr-463	1519	11	would	would	AUX
ftr-463	1519	12	be	be	AUX
ftr-463	1519	13	tax	tax	NOUN
ftr-463	1519	14	-	-	PUNCT
ftr-463	1519	15	free	free	ADJ
ftr-463	1519	16	at	at	ADP
ftr-463	1519	17	the	the	DET
ftr-463	1519	18	corporate	corporate	ADJ
ftr-463	1519	19	level	level	NOUN
ftr-463	1519	20	,	,	PUNCT
ftr-463	1519	21	but	but	CCONJ
ftr-463	1519	22	taxable	taxable	ADJ
ftr-463	1519	23	at	at	ADP
ftr-463	1519	24	the	the	DET
ftr-463	1519	25	shareholder	shareholder	NOUN
ftr-463	1519	26	level	level	NOUN
ftr-463	1519	27	.	.	PUNCT
ftr-463	1520	1	222	222	NUM
ftr-463	1520	2	.	.	PUNCT
ftr-463	1521	1	the	the	DET
ftr-463	1521	2	clinton	clinton	PROPN
ftr-463	1521	3	administration	administration	NOUN
ftr-463	1521	4	has	have	AUX
ftr-463	1521	5	already	already	ADV
ftr-463	1521	6	taken	take	VERB
ftr-463	1521	7	a	a	DET
ftr-463	1521	8	large	large	ADJ
ftr-463	1521	9	step	step	NOUN
ftr-463	1521	10	in	in	ADP
ftr-463	1521	11	this	this	DET
ftr-463	1521	12	direction	direction	NOUN
ftr-463	1521	13	with	with	ADP
ftr-463	1521	14	its	its	PRON
ftr-463	1521	15	"	"	PUNCT
ftr-463	1521	16	short	short	ADJ
ftr-463	1521	17	-	-	PUNCT
ftr-463	1521	18	against	against	ADP
ftr-463	1521	19	-	-	PUNCT
ftr-463	1521	20	the	the	DET
ftr-463	1521	21	-	-	PUNCT
ftr-463	1521	22	box	box	NOUN
ftr-463	1521	23	"	"	PUNCT
ftr-463	1521	24	proposal	proposal	NOUN
ftr-463	1521	25	,	,	PUNCT
ftr-463	1521	26	which	which	PRON
ftr-463	1521	27	would	would	AUX
ftr-463	1521	28	tax	tax	VERB
ftr-463	1521	29	any	any	DET
ftr-463	1521	30	appreciation	appreciation	NOUN
ftr-463	1521	31	in	in	ADP
ftr-463	1521	32	stock	stock	NOUN
ftr-463	1521	33	that	that	PRON
ftr-463	1521	34	is	be	AUX
ftr-463	1521	35	subject	subject	ADJ
ftr-463	1521	36	to	to	ADP
ftr-463	1521	37	a	a	DET
ftr-463	1521	38	"	"	PUNCT
ftr-463	1521	39	constructive	constructive	ADJ
ftr-463	1521	40	sale	sale	NOUN
ftr-463	1521	41	.	.	PUNCT
ftr-463	1521	42	"	"	PUNCT
ftr-463	1522	1	see	see	VERB
ftr-463	1522	2	revenue	revenue	NOUN
ftr-463	1522	3	reconciliation	reconciliation	NOUN
ftr-463	1522	4	bill	bill	NOUN
ftr-463	1522	5	of	of	ADP
ftr-463	1522	6	1996	1996	NUM
ftr-463	1522	7	.	.	PUNCT
ftr-463	1523	1	§	§	PROPN
ftr-463	1523	2	9512	9512	NUM
ftr-463	1523	3	(	(	PUNCT
ftr-463	1523	4	submitted	submit	VERB
ftr-463	1523	5	to	to	ADP
ftr-463	1523	6	congress	congress	PROPN
ftr-463	1523	7	on	on	ADP
ftr-463	1523	8	march	march	PROPN
ftr-463	1523	9	19	19	NUM
ftr-463	1523	10	,	,	PUNCT
ftr-463	1523	11	1996	1996	NUM
ftr-463	1523	12	)	)	PUNCT
ftr-463	1523	13	.	.	PUNCT
ftr-463	1524	1	florida	florida	PROPN
ftr-463	1524	2	tax	tax	PROPN
ftr-463	1524	3	review	review	NOUN
ftr-463	1524	4	shareholders	shareholder	NOUN
ftr-463	1524	5	remaining	remaining	AUX
ftr-463	1524	6	fully	fully	ADV
ftr-463	1524	7	invested	invest	VERB
ftr-463	1524	8	in	in	ADP
ftr-463	1524	9	the	the	DET
ftr-463	1524	10	combined	combine	VERB
ftr-463	1524	11	entity	entity	NOUN
ftr-463	1524	12	's	's	PART
ftr-463	1524	13	equity	equity	NOUN
ftr-463	1524	14	to	to	ADP
ftr-463	1524	15	taxation	taxation	NOUN
ftr-463	1524	16	at	at	ADP
ftr-463	1524	17	the	the	DET
ftr-463	1524	18	whim	whim	NOUN
ftr-463	1524	19	and	and	CCONJ
ftr-463	1524	20	fancy	fancy	ADJ
ftr-463	1524	21	of	of	ADP
ftr-463	1524	22	their	their	PRON
ftr-463	1524	23	fellow	fellow	ADJ
ftr-463	1524	24	shareholders	shareholder	NOUN
ftr-463	1524	25	.	.	PUNCT
ftr-463	1525	1	thus	thus	ADV
ftr-463	1525	2	,	,	PUNCT
ftr-463	1525	3	the	the	DET
ftr-463	1525	4	tax	tax	NOUN
ftr-463	1525	5	court	court	NOUN
ftr-463	1525	6	's	's	PART
ftr-463	1525	7	decision	decision	NOUN
ftr-463	1525	8	in	in	ADP
ftr-463	1525	9	seagram	seagram	PROPN
ftr-463	1525	10	is	be	AUX
ftr-463	1525	11	the	the	DET
ftr-463	1525	12	correct	correct	ADJ
ftr-463	1525	13	result	result	NOUN
ftr-463	1525	14	and	and	CCONJ
ftr-463	1525	15	should	should	AUX
ftr-463	1525	16	be	be	AUX
ftr-463	1525	17	codified	codify	VERB
ftr-463	1525	18	.	.	PUNCT
ftr-463	1526	1	the	the	DET
ftr-463	1526	2	wisdom	wisdom	NOUN
ftr-463	1526	3	of	of	ADP
ftr-463	1526	4	seagram	seagram	NOUN
ftr-463	1526	5	should	should	AUX
ftr-463	1526	6	extend	extend	VERB
ftr-463	1526	7	to	to	ADP
ftr-463	1526	8	the	the	DET
ftr-463	1526	9	shareholder	shareholder	NOUN
ftr-463	1526	10	conduct	conduct	NOUN
ftr-463	1526	11	and	and	CCONJ
ftr-463	1526	12	integrated	integrate	VERB
ftr-463	1526	13	transaction	transaction	NOUN
ftr-463	1526	14	cases	case	NOUN
ftr-463	1526	15	.	.	PUNCT
ftr-463	1527	1	the	the	DET
ftr-463	1527	2	results	result	NOUN
ftr-463	1527	3	of	of	ADP
ftr-463	1527	4	those	those	DET
ftr-463	1527	5	cases	case	NOUN
ftr-463	1527	6	are	be	AUX
ftr-463	1527	7	defensible	defensible	ADJ
ftr-463	1527	8	on	on	ADP
ftr-463	1527	9	the	the	DET
ftr-463	1527	10	narrower	narrow	ADJ
ftr-463	1527	11	grounds	ground	NOUN
ftr-463	1527	12	of	of	ADP
ftr-463	1527	13	step	step	NOUN
ftr-463	1527	14	transaction	transaction	NOUN
ftr-463	1527	15	-	-	PUNCT
ftr-463	1527	16	rather	rather	ADV
ftr-463	1527	17	than	than	ADP
ftr-463	1527	18	the	the	DET
ftr-463	1527	19	continuity	continuity	NOUN
ftr-463	1527	20	of	of	ADP
ftr-463	1527	21	interest	interest	NOUN
ftr-463	1527	22	doctrine	doctrine	NOUN
ftr-463	1527	23	-	-	PUNCT
ftr-463	1527	24	and	and	CCONJ
ftr-463	1527	25	their	their	PRON
ftr-463	1527	26	holdings	holding	NOUN
ftr-463	1527	27	should	should	AUX
ftr-463	1527	28	be	be	AUX
ftr-463	1527	29	so	so	ADV
ftr-463	1527	30	limited	limited	ADJ
ftr-463	1527	31	.	.	PUNCT
ftr-463	1528	1	the	the	DET
ftr-463	1528	2	same	same	ADJ
ftr-463	1528	3	rationale	rationale	NOUN
ftr-463	1528	4	should	should	AUX
ftr-463	1528	5	apply	apply	VERB
ftr-463	1528	6	with	with	ADP
ftr-463	1528	7	even	even	ADV
ftr-463	1528	8	greater	great	ADJ
ftr-463	1528	9	force	force	NOUN
ftr-463	1528	10	to	to	ADP
ftr-463	1528	11	a	a	DET
ftr-463	1528	12	section	section	NOUN
ftr-463	1528	13	338	338	NUM
ftr-463	1528	14	transaction	transaction	NOUN
ftr-463	1528	15	.	.	PUNCT
ftr-463	1529	1	as	as	SCONJ
ftr-463	1529	2	the	the	DET
ftr-463	1529	3	legislative	legislative	ADJ
ftr-463	1529	4	history	history	NOUN
ftr-463	1529	5	to	to	ADP
ftr-463	1529	6	that	that	DET
ftr-463	1529	7	section	section	NOUN
ftr-463	1529	8	indicates	indicate	VERB
ftr-463	1529	9	,	,	PUNCT
ftr-463	1529	10	congress	congress	PROPN
ftr-463	1529	11	intended	intend	VERB
ftr-463	1529	12	that	that	SCONJ
ftr-463	1529	13	the	the	DET
ftr-463	1529	14	subsequent	subsequent	ADJ
ftr-463	1529	15	conduct	conduct	NOUN
ftr-463	1529	16	of	of	ADP
ftr-463	1529	17	the	the	DET
ftr-463	1529	18	target	target	NOUN
ftr-463	1529	19	's	's	PART
ftr-463	1529	20	majority	majority	NOUN
ftr-463	1529	21	shareholder	shareholder	NOUN
ftr-463	1529	22	would	would	AUX
ftr-463	1529	23	not	not	PART
ftr-463	1529	24	subject	subject	VERB
ftr-463	1529	25	the	the	DET
ftr-463	1529	26	target	target	NOUN
ftr-463	1529	27	to	to	ADP
ftr-463	1529	28	corporate	corporate	ADJ
ftr-463	1529	29	-	-	PUNCT
ftr-463	1529	30	level	level	NOUN
ftr-463	1529	31	tax	tax	NOUN
ftr-463	1529	32	.	.	PUNCT
ftr-463	1530	1	in	in	ADP
ftr-463	1530	2	confirming	confirm	VERB
ftr-463	1530	3	the	the	DET
ftr-463	1530	4	exemption	exemption	NOUN
ftr-463	1530	5	of	of	ADP
ftr-463	1530	6	the	the	DET
ftr-463	1530	7	corporate	corporate	ADJ
ftr-463	1530	8	parties	party	NOUN
ftr-463	1530	9	to	to	ADP
ftr-463	1530	10	a	a	DET
ftr-463	1530	11	qualified	qualified	ADJ
ftr-463	1530	12	stock	stock	NOUN
ftr-463	1530	13	purchase	purchase	NOUN
ftr-463	1530	14	and	and	CCONJ
ftr-463	1530	15	merger	merger	NOUN
ftr-463	1530	16	from	from	ADP
ftr-463	1530	17	the	the	DET
ftr-463	1530	18	modem	modem	NOUN
ftr-463	1530	19	continuity	continuity	NOUN
ftr-463	1530	20	doctrine	doctrine	NOUN
ftr-463	1530	21	,	,	PUNCT
ftr-463	1530	22	congress	congress	PROPN
ftr-463	1530	23	surely	surely	ADV
ftr-463	1530	24	did	do	AUX
ftr-463	1530	25	not	not	PART
ftr-463	1530	26	intend	intend	VERB
ftr-463	1530	27	to	to	PART
ftr-463	1530	28	frustrate	frustrate	VERB
ftr-463	1530	29	the	the	DET
ftr-463	1530	30	policies	policy	NOUN
ftr-463	1530	31	supporting	support	VERB
ftr-463	1530	32	minority	minority	NOUN
ftr-463	1530	33	shareholder	shareholder	NOUN
ftr-463	1530	34	nonrecognition	nonrecognition	NOUN
ftr-463	1530	35	by	by	ADP
ftr-463	1530	36	subjecting	subject	VERB
ftr-463	1530	37	them	they	PRON
ftr-463	1530	38	to	to	ADP
ftr-463	1530	39	taxation	taxation	NOUN
ftr-463	1530	40	on	on	ADP
ftr-463	1530	41	the	the	DET
ftr-463	1530	42	involuntary	involuntary	ADJ
ftr-463	1530	43	receipt	receipt	NOUN
ftr-463	1530	44	of	of	ADP
ftr-463	1530	45	possibly	possibly	ADV
ftr-463	1530	46	illiquid	illiquid	ADJ
ftr-463	1530	47	acquiror	acquiror	NOUN
ftr-463	1530	48	stock	stock	NOUN
ftr-463	1530	49	.	.	PUNCT
ftr-463	1531	1	thus	thus	ADV
ftr-463	1531	2	,	,	PUNCT
ftr-463	1531	3	the	the	DET
ftr-463	1531	4	anti	anti	NOUN
ftr-463	1531	5	-	-	ADJ
ftr-463	1531	6	yoc	yoc	NOUN
ftr-463	1531	7	heating	heating	NOUN
ftr-463	1531	8	regulations	regulation	NOUN
ftr-463	1531	9	should	should	AUX
ftr-463	1531	10	permit	permit	VERB
ftr-463	1531	11	tax	tax	NOUN
ftr-463	1531	12	-	-	PUNCT
ftr-463	1531	13	free	free	ADJ
ftr-463	1531	14	treatment	treatment	NOUN
ftr-463	1531	15	to	to	ADP
ftr-463	1531	16	minority	minority	NOUN
ftr-463	1531	17	shareholders	shareholder	NOUN
ftr-463	1531	18	that	that	PRON
ftr-463	1531	19	receive	receive	VERB
ftr-463	1531	20	acquiror	acquiror	NOUN
ftr-463	1531	21	stock	stock	NOUN
ftr-463	1531	22	in	in	ADP
ftr-463	1531	23	the	the	DET
ftr-463	1531	24	second	second	ADJ
ftr-463	1531	25	-	-	PUNCT
ftr-463	1531	26	step	step	NOUN
ftr-463	1531	27	merger	merger	NOUN
ftr-463	1531	28	.	.	PUNCT
ftr-463	1532	1	the	the	DET
ftr-463	1532	2	concept	concept	NOUN
ftr-463	1532	3	of	of	ADP
ftr-463	1532	4	remote	remote	ADJ
ftr-463	1532	5	continuity	continuity	NOUN
ftr-463	1532	6	should	should	AUX
ftr-463	1532	7	be	be	AUX
ftr-463	1532	8	put	put	VERB
ftr-463	1532	9	to	to	ADP
ftr-463	1532	10	bed	bed	NOUN
ftr-463	1532	11	once	once	ADV
ftr-463	1532	12	and	and	CCONJ
ftr-463	1532	13	for	for	ADP
ftr-463	1532	14	all	all	PRON
ftr-463	1532	15	.	.	PUNCT
ftr-463	1533	1	to	to	PART
ftr-463	1533	2	hinder	hinder	VERB
ftr-463	1533	3	the	the	DET
ftr-463	1533	4	acquiror	acquiror	NOUN
ftr-463	1533	5	's	's	PART
ftr-463	1533	6	use	use	NOUN
ftr-463	1533	7	of	of	ADP
ftr-463	1533	8	target	target	NOUN
ftr-463	1533	9	assets	asset	NOUN
ftr-463	1533	10	following	follow	VERB
ftr-463	1533	11	an	an	DET
ftr-463	1533	12	otherwise	otherwise	ADV
ftr-463	1533	13	valid	valid	ADJ
ftr-463	1533	14	reorganization	reorganization	NOUN
ftr-463	1533	15	only	only	ADV
ftr-463	1533	16	frustrates	frustrate	VERB
ftr-463	1533	17	legitimate	legitimate	ADJ
ftr-463	1533	18	business	business	NOUN
ftr-463	1533	19	planning	planning	NOUN
ftr-463	1533	20	.	.	PUNCT
ftr-463	1534	1	congress	congress	PROPN
ftr-463	1534	2	'	'	PART
ftr-463	1534	3	piecemeal	piecemeal	ADJ
ftr-463	1534	4	anti	anti	ADJ
ftr-463	1534	5	-	-	ADJ
ftr-463	1534	6	groman	groman	ADJ
ftr-463	1534	7	and	and	CCONJ
ftr-463	1534	8	anti	anti	ADJ
ftr-463	1534	9	-	-	ADJ
ftr-463	1534	10	bashford	bashford	ADJ
ftr-463	1534	11	legislation	legislation	NOUN
ftr-463	1534	12	should	should	AUX
ftr-463	1534	13	be	be	AUX
ftr-463	1534	14	interpreted	interpret	VERB
ftr-463	1534	15	as	as	ADP
ftr-463	1534	16	a	a	DET
ftr-463	1534	17	cautious	cautious	ADJ
ftr-463	1534	18	correction	correction	NOUN
ftr-463	1534	19	of	of	ADP
ftr-463	1534	20	a	a	DET
ftr-463	1534	21	complex	complex	ADJ
ftr-463	1534	22	statute	statute	NOUN
ftr-463	1534	23	,	,	PUNCT
ftr-463	1534	24	rather	rather	ADV
ftr-463	1534	25	than	than	ADP
ftr-463	1534	26	a	a	DET
ftr-463	1534	27	policy	policy	NOUN
ftr-463	1534	28	statement	statement	NOUN
ftr-463	1534	29	that	that	SCONJ
ftr-463	1534	30	transactions	transaction	NOUN
ftr-463	1534	31	not	not	PART
ftr-463	1534	32	specifically	specifically	ADV
ftr-463	1534	33	addressed	address	VERB
ftr-463	1534	34	are	be	AUX
ftr-463	1534	35	prohibited	prohibit	VERB
ftr-463	1534	36	.	.	PUNCT
ftr-463	1535	1	moreover	moreover	ADV
ftr-463	1535	2	,	,	PUNCT
ftr-463	1535	3	continued	continued	ADJ
ftr-463	1535	4	adherence	adherence	NOUN
ftr-463	1535	5	to	to	ADP
ftr-463	1535	6	a	a	DET
ftr-463	1535	7	doctrine	doctrine	NOUN
ftr-463	1535	8	as	as	ADV
ftr-463	1535	9	formalistic	formalistic	ADJ
ftr-463	1535	10	as	as	ADP
ftr-463	1535	11	the	the	DET
ftr-463	1535	12	remote	remote	ADJ
ftr-463	1535	13	continuity	continuity	NOUN
ftr-463	1535	14	doctrine	doctrine	NOUN
ftr-463	1535	15	only	only	ADV
ftr-463	1535	16	invites	invite	VERB
ftr-463	1535	17	abuse	abuse	NOUN
ftr-463	1535	18	.	.	PUNCT
ftr-463	1536	1	continuity	continuity	NOUN
ftr-463	1536	2	's	's	PART
ftr-463	1536	3	sustained	sustained	ADJ
ftr-463	1536	4	utility	utility	NOUN
ftr-463	1536	5	depends	depend	VERB
ftr-463	1536	6	not	not	PART
ftr-463	1536	7	only	only	ADV
ftr-463	1536	8	upon	upon	SCONJ
ftr-463	1536	9	a	a	DET
ftr-463	1536	10	restricted	restricted	ADJ
ftr-463	1536	11	mandate	mandate	NOUN
ftr-463	1536	12	but	but	CCONJ
ftr-463	1536	13	also	also	ADV
ftr-463	1536	14	upon	upon	SCONJ
ftr-463	1536	15	a	a	DET
ftr-463	1536	16	clear	clear	ADJ
ftr-463	1536	17	assignment	assignment	NOUN
ftr-463	1536	18	.	.	PUNCT
ftr-463	1537	1	accordingly	accordingly	ADV
ftr-463	1537	2	,	,	PUNCT
ftr-463	1537	3	its	its	PRON
ftr-463	1537	4	equity	equity	NOUN
ftr-463	1537	5	requirement	requirement	NOUN
ftr-463	1537	6	should	should	AUX
ftr-463	1537	7	be	be	AUX
ftr-463	1537	8	set	set	VERB
ftr-463	1537	9	as	as	ADP
ftr-463	1537	10	an	an	DET
ftr-463	1537	11	absolute	absolute	ADJ
ftr-463	1537	12	threshold	threshold	NOUN
ftr-463	1537	13	that	that	PRON
ftr-463	1537	14	is	be	AUX
ftr-463	1537	15	objectively	objectively	ADV
ftr-463	1537	16	determinable	determinable	ADJ
ftr-463	1537	17	at	at	ADP
ftr-463	1537	18	the	the	DET
ftr-463	1537	19	time	time	NOUN
ftr-463	1537	20	of	of	ADP
ftr-463	1537	21	the	the	DET
ftr-463	1537	22	acquisition	acquisition	NOUN
ftr-463	1537	23	.	.	PUNCT
ftr-463	1538	1	223	223	NUM
ftr-463	1539	1	an	an	DET
ftr-463	1539	2	absolute	absolute	ADJ
ftr-463	1539	3	threshold	threshold	NOUN
ftr-463	1539	4	would	would	AUX
ftr-463	1539	5	cure	cure	VERB
ftr-463	1539	6	uncertainty	uncertainty	NOUN
ftr-463	1539	7	,	,	PUNCT
ftr-463	1539	8	improve	improve	VERB
ftr-463	1539	9	administrability	administrability	NOUN
ftr-463	1539	10	,	,	PUNCT
ftr-463	1539	11	and	and	CCONJ
ftr-463	1539	12	eliminate	eliminate	VERB
ftr-463	1539	13	inconsistent	inconsistent	ADJ
ftr-463	1539	14	treatment	treatment	NOUN
ftr-463	1539	15	,	,	PUNCT
ftr-463	1539	16	although	although	SCONJ
ftr-463	1539	17	it	it	PRON
ftr-463	1539	18	would	would	AUX
ftr-463	1539	19	not	not	PART
ftr-463	1539	20	be	be	AUX
ftr-463	1539	21	perfect	perfect	ADJ
ftr-463	1539	22	.	.	PUNCT
ftr-463	1540	1	even	even	ADV
ftr-463	1540	2	if	if	SCONJ
ftr-463	1540	3	it	it	PRON
ftr-463	1540	4	is	be	AUX
ftr-463	1540	5	imposed	impose	VERB
ftr-463	1540	6	at	at	ADP
ftr-463	1540	7	the	the	DET
ftr-463	1540	8	lower	low	ADJ
ftr-463	1540	9	thresholds	threshold	NOUN
ftr-463	1540	10	established	establish	VERB
ftr-463	1540	11	by	by	ADP
ftr-463	1540	12	the	the	DET
ftr-463	1540	13	courts	court	NOUN
ftr-463	1540	14	(	(	PUNCT
ftr-463	1540	15	e.g.	e.g.	ADV
ftr-463	1540	16	,	,	PUNCT
ftr-463	1540	17	between	between	ADP
ftr-463	1540	18	the	the	DET
ftr-463	1540	19	16	16	NUM
ftr-463	1540	20	%	%	NOUN
ftr-463	1540	21	that	that	PRON
ftr-463	1540	22	was	be	AUX
ftr-463	1540	23	insufficient	insufficient	ADJ
ftr-463	1540	24	in	in	ADP
ftr-463	1540	25	kass	kass	PROPN
ftr-463	1540	26	and	and	CCONJ
ftr-463	1540	27	the	the	DET
ftr-463	1540	28	25	25	NUM
ftr-463	1540	29	%	%	NOUN
ftr-463	1540	30	that	that	PRON
ftr-463	1540	31	was	be	AUX
ftr-463	1540	32	sufficient	sufficient	ADJ
ftr-463	1540	33	in	in	ADP
ftr-463	1540	34	miller	miller	PROPN
ftr-463	1540	35	)	)	PUNCT
ftr-463	1540	36	,	,	PUNCT
ftr-463	1540	37	it	it	PRON
ftr-463	1540	38	would	would	AUX
ftr-463	1540	39	perpetuate	perpetuate	VERB
ftr-463	1540	40	the	the	DET
ftr-463	1540	41	inevitable	inevitable	ADJ
ftr-463	1540	42	conflict	conflict	NOUN
ftr-463	1540	43	with	with	ADP
ftr-463	1540	44	the	the	DET
ftr-463	1540	45	policies	policy	NOUN
ftr-463	1540	46	that	that	PRON
ftr-463	1540	47	favor	favor	VERB
ftr-463	1540	48	nonrecognition	nonrecognition	NOUN
ftr-463	1540	49	for	for	ADP
ftr-463	1540	50	target	target	NOUN
ftr-463	1540	51	shareholders	shareholder	NOUN
ftr-463	1540	52	who	who	PRON
ftr-463	1540	53	receive	receive	VERB
ftr-463	1540	54	acquiror	acquiror	NOUN
ftr-463	1540	55	stock	stock	NOUN
ftr-463	1540	56	in	in	ADP
ftr-463	1540	57	a	a	DET
ftr-463	1540	58	reorganization	reorganization	NOUN
ftr-463	1540	59	busted	bust	VERB
ftr-463	1540	60	for	for	ADP
ftr-463	1540	61	lack	lack	NOUN
ftr-463	1540	62	of	of	ADP
ftr-463	1540	63	continuity	continuity	NOUN
ftr-463	1540	64	(	(	PUNCT
ftr-463	1540	65	and	and	CCONJ
ftr-463	1540	66	are	be	AUX
ftr-463	1540	67	taxed	tax	VERB
ftr-463	1540	68	,	,	PUNCT
ftr-463	1540	69	in	in	ADP
ftr-463	1540	70	addition	addition	NOUN
ftr-463	1540	71	to	to	ADP
ftr-463	1540	72	indirectly	indirectly	ADV
ftr-463	1540	73	bearing	bear	VERB
ftr-463	1540	74	the	the	DET
ftr-463	1540	75	target	target	NOUN
ftr-463	1540	76	-	-	PUNCT
ftr-463	1540	77	level	level	NOUN
ftr-463	1540	78	tax	tax	NOUN
ftr-463	1540	79	on	on	ADP
ftr-463	1540	80	recognized	recognize	VERB
ftr-463	1540	81	gains	gain	NOUN
ftr-463	1540	82	)	)	PUNCT
ftr-463	1540	83	.	.	PUNCT
ftr-463	1541	1	nevertheless	nevertheless	ADV
ftr-463	1541	2	,	,	PUNCT
ftr-463	1541	3	in	in	ADP
ftr-463	1541	4	the	the	DET
ftr-463	1541	5	absence	absence	NOUN
ftr-463	1541	6	of	of	ADP
ftr-463	1541	7	a	a	DET
ftr-463	1541	8	statutory	statutory	ADJ
ftr-463	1541	9	mechanism	mechanism	NOUN
ftr-463	1541	10	to	to	ADP
ftr-463	1541	11	223	223	NUM
ftr-463	1541	12	.	.	PUNCT
ftr-463	1542	1	this	this	DET
ftr-463	1542	2	proposal	proposal	NOUN
ftr-463	1542	3	has	have	VERB
ftr-463	1542	4	some	some	DET
ftr-463	1542	5	commonality	commonality	NOUN
ftr-463	1542	6	with	with	ADP
ftr-463	1542	7	the	the	DET
ftr-463	1542	8	clinton	clinton	PROPN
ftr-463	1542	9	administration	administration	NOUN
ftr-463	1542	10	's	's	PART
ftr-463	1542	11	proposal	proposal	NOUN
ftr-463	1542	12	to	to	PART
ftr-463	1542	13	tax	tax	VERB
ftr-463	1542	14	the	the	DET
ftr-463	1542	15	distributing	distribute	VERB
ftr-463	1542	16	corporation	corporation	NOUN
ftr-463	1542	17	on	on	ADP
ftr-463	1542	18	a	a	DET
ftr-463	1542	19	§	§	ADJ
ftr-463	1542	20	355	355	NUM
ftr-463	1542	21	transaction	transaction	NOUN
ftr-463	1542	22	if	if	SCONJ
ftr-463	1542	23	a	a	DET
ftr-463	1542	24	four	four	NUM
ftr-463	1542	25	-	-	PUNCT
ftr-463	1542	26	year	year	NOUN
ftr-463	1542	27	(	(	PUNCT
ftr-463	1542	28	two	two	NUM
ftr-463	1542	29	before	before	ADV
ftr-463	1542	30	,	,	PUNCT
ftr-463	1542	31	two	two	NUM
ftr-463	1542	32	after)/50	after)/50	NOUN
ftr-463	1542	33	%	%	NOUN
ftr-463	1542	34	continuity	continuity	NOUN
ftr-463	1542	35	threshold	threshold	NOUN
ftr-463	1542	36	is	be	AUX
ftr-463	1542	37	not	not	PART
ftr-463	1542	38	met	meet	VERB
ftr-463	1542	39	.	.	PUNCT
ftr-463	1543	1	the	the	DET
ftr-463	1543	2	proposal	proposal	NOUN
ftr-463	1543	3	is	be	AUX
ftr-463	1543	4	described	describe	VERB
ftr-463	1543	5	in	in	ADP
ftr-463	1543	6	general	general	ADJ
ftr-463	1543	7	terms	term	NOUN
ftr-463	1543	8	in	in	ADP
ftr-463	1543	9	note	note	NOUN
ftr-463	1543	10	87	87	NUM
ftr-463	1543	11	.	.	PUNCT
ftr-463	1544	1	[	[	X
ftr-463	1544	2	vol	vol	NOUN
ftr-463	1544	3	3:5	3:5	NUM
ftr-463	1544	4	1996	1996	NUM
ftr-463	1544	5	]	]	PUNCT
ftr-463	1544	6	devolution	devolution	NOUN
ftr-463	1544	7	&	&	CCONJ
ftr-463	1544	8	inevitable	inevitable	ADJ
ftr-463	1544	9	extinction	extinction	NOUN
ftr-463	1544	10	of	of	ADP
ftr-463	1544	11	the	the	DET
ftr-463	1544	12	continuity	continuity	NOUN
ftr-463	1544	13	of	of	ADP
ftr-463	1544	14	hterest	hterest	NOUN
ftr-463	1544	15	doctrine	doctrine	NOUN
ftr-463	1544	16	257	257	NUM
ftr-463	1544	17	tax	tax	NOUN
ftr-463	1544	18	only	only	ADV
ftr-463	1544	19	the	the	DET
ftr-463	1544	20	target	target	NOUN
ftr-463	1544	21	corporation	corporation	NOUN
ftr-463	1544	22	on	on	ADP
ftr-463	1544	23	such	such	DET
ftr-463	1544	24	an	an	DET
ftr-463	1544	25	asset	asset	NOUN
ftr-463	1544	26	transfer	transfer	NOUN
ftr-463	1544	27	,	,	PUNCT
ftr-463	1544	28	a	a	DET
ftr-463	1544	29	low	low	ADJ
ftr-463	1544	30	absolute	absolute	ADJ
ftr-463	1544	31	threshold	threshold	NOUN
ftr-463	1544	32	would	would	AUX
ftr-463	1544	33	minimize	minimize	VERB
ftr-463	1544	34	the	the	DET
ftr-463	1544	35	conflict	conflict	NOUN
ftr-463	1544	36	.	.	PUNCT
ftr-463	1545	1	although	although	SCONJ
ftr-463	1545	2	any	any	DET
ftr-463	1545	3	regulatory	regulatory	ADJ
ftr-463	1545	4	solution	solution	NOUN
ftr-463	1545	5	to	to	ADP
ftr-463	1545	6	the	the	DET
ftr-463	1545	7	continuity	continuity	NOUN
ftr-463	1545	8	mess	mess	NOUN
ftr-463	1545	9	would	would	AUX
ftr-463	1545	10	be	be	AUX
ftr-463	1545	11	controversial	controversial	ADJ
ftr-463	1545	12	,	,	PUNCT
ftr-463	1545	13	these	these	DET
ftr-463	1545	14	limitations	limitation	NOUN
ftr-463	1545	15	would	would	AUX
ftr-463	1545	16	bring	bring	VERB
ftr-463	1545	17	continuity	continuity	NOUN
ftr-463	1545	18	closest	close	ADJ
ftr-463	1545	19	to	to	ADP
ftr-463	1545	20	its	its	PRON
ftr-463	1545	21	historical	historical	ADJ
ftr-463	1545	22	source	source	NOUN
ftr-463	1545	23	and	and	CCONJ
ftr-463	1545	24	in	in	ADP
ftr-463	1545	25	line	line	NOUN
ftr-463	1545	26	with	with	ADP
ftr-463	1545	27	the	the	DET
ftr-463	1545	28	relevant	relevant	ADJ
ftr-463	1545	29	tax	tax	NOUN
ftr-463	1545	30	policies	policy	NOUN
ftr-463	1545	31	.	.	PUNCT
ftr-463	1546	1	these	these	DET
ftr-463	1546	2	improvements	improvement	NOUN
ftr-463	1546	3	are	be	AUX
ftr-463	1546	4	within	within	ADP
ftr-463	1546	5	the	the	DET
ftr-463	1546	6	treasury	treasury	NOUN
ftr-463	1546	7	's	's	PART
ftr-463	1546	8	power	power	NOUN
ftr-463	1546	9	.	.	PUNCT
ftr-463	1547	1	vi	vi	X
ftr-463	1547	2	.	.	PROPN
ftr-463	1547	3	conclusion	conclusion	NOUN
ftr-463	1547	4	continuity	continuity	NOUN
ftr-463	1547	5	is	be	AUX
ftr-463	1547	6	an	an	DET
ftr-463	1547	7	endangered	endangered	ADJ
ftr-463	1547	8	doctrine	doctrine	NOUN
ftr-463	1547	9	.	.	PUNCT
ftr-463	1548	1	having	having	AUX
ftr-463	1548	2	wandered	wander	VERB
ftr-463	1548	3	from	from	ADP
ftr-463	1548	4	its	its	PRON
ftr-463	1548	5	natural	natural	ADJ
ftr-463	1548	6	role	role	NOUN
ftr-463	1548	7	of	of	ADP
ftr-463	1548	8	distinguishing	distinguish	VERB
ftr-463	1548	9	at	at	ADP
ftr-463	1548	10	the	the	DET
ftr-463	1548	11	corporate	corporate	ADJ
ftr-463	1548	12	level	level	NOUN
ftr-463	1548	13	between	between	ADP
ftr-463	1548	14	taxable	taxable	ADJ
ftr-463	1548	15	asset	asset	NOUN
ftr-463	1548	16	sales	sale	NOUN
ftr-463	1548	17	and	and	CCONJ
ftr-463	1548	18	tax	tax	NOUN
ftr-463	1548	19	-	-	PUNCT
ftr-463	1548	20	free	free	ADJ
ftr-463	1548	21	reorganizations	reorganization	NOUN
ftr-463	1548	22	,	,	PUNCT
ftr-463	1548	23	the	the	DET
ftr-463	1548	24	modem	modem	NOUN
ftr-463	1548	25	continuity	continuity	NOUN
ftr-463	1548	26	doctrine	doctrine	NOUN
ftr-463	1548	27	is	be	AUX
ftr-463	1548	28	now	now	ADV
ftr-463	1548	29	vulnerable	vulnerable	ADJ
ftr-463	1548	30	to	to	ADP
ftr-463	1548	31	predators	predator	NOUN
ftr-463	1548	32	.	.	PUNCT
ftr-463	1549	1	congress	congress	PROPN
ftr-463	1549	2	attacked	attack	VERB
ftr-463	1549	3	the	the	DET
ftr-463	1549	4	doctrine	doctrine	NOUN
ftr-463	1549	5	by	by	ADP
ftr-463	1549	6	significantly	significantly	ADV
ftr-463	1549	7	limiting	limit	VERB
ftr-463	1549	8	remote	remote	ADJ
ftr-463	1549	9	continuity	continuity	NOUN
ftr-463	1549	10	,	,	PUNCT
ftr-463	1549	11	and	and	CCONJ
ftr-463	1549	12	the	the	DET
ftr-463	1549	13	service	service	NOUN
ftr-463	1549	14	thinned	thin	VERB
ftr-463	1549	15	the	the	DET
ftr-463	1549	16	doctrine	doctrine	NOUN
ftr-463	1549	17	further	far	ADV
ftr-463	1549	18	with	with	ADP
ftr-463	1549	19	the	the	DET
ftr-463	1549	20	anti	anti	ADJ
ftr-463	1549	21	-	-	ADJ
ftr-463	1549	22	yoc	yoc	ADJ
ftr-463	1549	23	heating	heating	NOUN
ftr-463	1549	24	regulations	regulation	NOUN
ftr-463	1549	25	and	and	CCONJ
ftr-463	1549	26	its	its	PRON
ftr-463	1549	27	rulings	ruling	NOUN
ftr-463	1549	28	ignoring	ignore	VERB
ftr-463	1549	29	continuity	continuity	NOUN
ftr-463	1549	30	concerns	concern	NOUN
ftr-463	1549	31	in	in	ADP
ftr-463	1549	32	mutual	mutual	ADJ
ftr-463	1549	33	savings	saving	NOUN
ftr-463	1549	34	and	and	CCONJ
ftr-463	1549	35	loan	loan	NOUN
ftr-463	1549	36	association	association	NOUN
ftr-463	1549	37	mergers	merger	NOUN
ftr-463	1549	38	.	.	PUNCT
ftr-463	1550	1	most	most	ADV
ftr-463	1550	2	recently	recently	ADV
ftr-463	1550	3	,	,	PUNCT
ftr-463	1550	4	the	the	DET
ftr-463	1550	5	seagram	seagram	NOUN
ftr-463	1550	6	court	court	NOUN
ftr-463	1550	7	preyed	prey	VERB
ftr-463	1550	8	on	on	ADP
ftr-463	1550	9	the	the	DET
ftr-463	1550	10	wearied	wearied	ADJ
ftr-463	1550	11	and	and	CCONJ
ftr-463	1550	12	over	over	ADV
ftr-463	1550	13	-	-	PUNCT
ftr-463	1550	14	extended	extend	VERB
ftr-463	1550	15	doctrine	doctrine	NOUN
ftr-463	1550	16	,	,	PUNCT
ftr-463	1550	17	and	and	CCONJ
ftr-463	1550	18	the	the	DET
ftr-463	1550	19	service	service	NOUN
ftr-463	1550	20	has	have	AUX
ftr-463	1550	21	indicated	indicate	VERB
ftr-463	1550	22	that	that	SCONJ
ftr-463	1550	23	it	it	PRON
ftr-463	1550	24	may	may	AUX
ftr-463	1550	25	join	join	VERB
ftr-463	1550	26	the	the	DET
ftr-463	1550	27	chase	chase	NOUN
ftr-463	1550	28	.	.	PUNCT
ftr-463	1551	1	continuity	continuity	NOUN
ftr-463	1551	2	must	must	AUX
ftr-463	1551	3	adapt	adapt	VERB
ftr-463	1551	4	or	or	CCONJ
ftr-463	1551	5	face	face	VERB
ftr-463	1551	6	extinction	extinction	NOUN
ftr-463	1551	7	.	.	PUNCT
ftr-463	1552	1	continuity	continuity	NOUN
ftr-463	1552	2	should	should	AUX
ftr-463	1552	3	devolve	devolve	VERB
ftr-463	1552	4	to	to	ADP
ftr-463	1552	5	its	its	PRON
ftr-463	1552	6	original	original	ADJ
ftr-463	1552	7	form	form	NOUN
ftr-463	1552	8	and	and	CCONJ
ftr-463	1552	9	again	again	ADV
ftr-463	1552	10	serve	serve	VERB
ftr-463	1552	11	the	the	DET
ftr-463	1552	12	important	important	ADJ
ftr-463	1552	13	but	but	CCONJ
ftr-463	1552	14	modest	modest	ADJ
ftr-463	1552	15	function	function	NOUN
ftr-463	1552	16	of	of	ADP
ftr-463	1552	17	disqualifying	disqualify	VERB
ftr-463	1552	18	reorganizations	reorganization	NOUN
ftr-463	1552	19	that	that	PRON
ftr-463	1552	20	resemble	resemble	VERB
ftr-463	1552	21	taxable	taxable	ADJ
ftr-463	1552	22	asset	asset	NOUN
ftr-463	1552	23	sales	sale	NOUN
ftr-463	1552	24	.	.	PUNCT
ftr-463	1553	1	the	the	DET
ftr-463	1553	2	service	service	NOUN
ftr-463	1553	3	should	should	AUX
ftr-463	1553	4	confirm	confirm	VERB
ftr-463	1553	5	the	the	DET
ftr-463	1553	6	demise	demise	NOUN
ftr-463	1553	7	of	of	ADP
ftr-463	1553	8	remote	remote	ADJ
ftr-463	1553	9	continuity	continuity	NOUN
ftr-463	1553	10	and	and	CCONJ
ftr-463	1553	11	the	the	DET
ftr-463	1553	12	inapplicability	inapplicability	NOUN
ftr-463	1553	13	of	of	ADP
ftr-463	1553	14	continuity	continuity	NOUN
ftr-463	1553	15	to	to	ADP
ftr-463	1553	16	the	the	DET
ftr-463	1553	17	shareholder	shareholder	NOUN
ftr-463	1553	18	conduct	conduct	NOUN
ftr-463	1553	19	and	and	CCONJ
ftr-463	1553	20	integrated	integrate	VERB
ftr-463	1553	21	transaction	transaction	NOUN
ftr-463	1553	22	cases	case	NOUN
ftr-463	1553	23	,	,	PUNCT
ftr-463	1553	24	and	and	CCONJ
ftr-463	1553	25	it	it	PRON
ftr-463	1553	26	should	should	AUX
ftr-463	1553	27	modify	modify	VERB
ftr-463	1553	28	'	'	PUNCT
ftr-463	1553	29	the	the	DET
ftr-463	1553	30	anti	anti	NOUN
ftr-463	1553	31	-	-	ADJ
ftr-463	1553	32	yoc	yoc	ADJ
ftr-463	1553	33	heating	heating	NOUN
ftr-463	1553	34	regulations	regulation	NOUN
ftr-463	1553	35	to	to	PART
ftr-463	1553	36	allow	allow	VERB
ftr-463	1553	37	tax	tax	NOUN
ftr-463	1553	38	-	-	PUNCT
ftr-463	1553	39	free	free	ADJ
ftr-463	1553	40	treatment	treatment	NOUN
ftr-463	1553	41	to	to	ADP
ftr-463	1553	42	minority	minority	NOUN
ftr-463	1553	43	shareholders	shareholder	NOUN
ftr-463	1553	44	.	.	PUNCT
ftr-463	1554	1	finally	finally	ADV
ftr-463	1554	2	,	,	PUNCT
ftr-463	1554	3	continuity	continuity	NOUN
ftr-463	1554	4	should	should	AUX
ftr-463	1554	5	be	be	AUX
ftr-463	1554	6	expressed	express	VERB
ftr-463	1554	7	by	by	ADP
ftr-463	1554	8	an	an	DET
ftr-463	1554	9	absolute	absolute	ADJ
ftr-463	1554	10	equity	equity	NOUN
ftr-463	1554	11	threshold	threshold	NOUN
ftr-463	1554	12	,	,	PUNCT
ftr-463	1554	13	determinable	determinable	VERB
ftr-463	1554	14	at	at	ADP
ftr-463	1554	15	the	the	DET
ftr-463	1554	16	time	time	NOUN
ftr-463	1554	17	of	of	ADP
ftr-463	1554	18	the	the	DET
ftr-463	1554	19	acquisition	acquisition	NOUN
ftr-463	1554	20	and	and	CCONJ
ftr-463	1554	21	binding	bind	VERB
ftr-463	1554	22	on	on	ADP
ftr-463	1554	23	taxpayers	taxpayer	NOUN
ftr-463	1554	24	and	and	CCONJ
ftr-463	1554	25	the	the	DET
ftr-463	1554	26	service	service	NOUN
ftr-463	1554	27	alike	alike	ADV
ftr-463	1554	28	.	.	PUNCT